MTTXX Fees and Costs — Treasury Portfolio, Administrative Class
Data updated: 2026-02-27
The net expense ratio is 0.35% (0.36% before fee waivers). There are no sales loads or redemption fees.
MTTXX Fees and Expenses
Annual operating expenses and sales charges of MTTXX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.36% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MTTXX Costs Over Time
On $10,000 invested in MTTXX, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.35%) | $37 | $115 | $202 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,541 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
MTTXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.49T
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
MTTXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $857.7B | 38.98% |
| Natixis Securities Americas LLC | $368.7B | 16.76% |
| Northern Trust Securities, Inc. | $245.5B | 11.16% |
| Citigroup Global Markets Inc. | $195.0B | 8.86% |
| Deutsche Bank Securities Inc. | $133.9B | 6.09% |
| BNP Paribas Securities Corp. | $129.8B | 5.90% |
| State Street Bank and Trust Company | $102.6B | 4.66% |
| Teacher Retirement System of Texas | $76.1B | 3.46% |
| CLSA Americas, LLC | $45.6B | 2.07% |
| Natwest Markets Securities Inc. | $45.2B | 2.05% |
Treasury Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MATXX | Advisor Class | 0.20% | — |
| MISXX | Institutional Class | 0.20% | — |
| MRXXX | Institutional Plus Class | 0.22% | — |
| MTSXX | Institutional Select Class | 0.25% | — |
| MTNXX | Investor Class | 0.30% | — |
| MREXX | Cash Management Class | 0.35% | — |
| MTTXX | Administrative Class | 0.35% | — |
| MAOXX | Advisory Class | 0.45% | — |
| MTCXX | Participant Class | 0.70% | — |
| MSTXX | Select Class | 1.00% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.