News and Announcements
August 11 2025 MMDT Labor Day Holiday Observance 2025

On Monday, September 1, 2025, MMDT will be closed for business in observance of Labor Day.

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Upcoming Events

September 7 2025 - September 10 2025
Massachusetts National Association of Housing and Redevelopment Officials (NAHRO) 2025 Annual Conference and Exhibition
North Falmouth, MA

September 14 2025 - September 17 2025
New England States Government Finance Officers Association (NESGFOA) Annual Fall Conference
Jay Peak, VT

View All Upcoming Events

Daily Performance

MMDT Cash Portfolio

AS OF August 24 2025
Daily Pool Performance
7-Day Net Yield 4.45%
Daily Net Yield 4.45%
NAV $1.00
Daily Assets
YTD Total Return NAV 2.94%

MMDT Short Term Bond Portfolio

AS OF August 24 2025
Daily Pool Performance
30-Day Dist. Yield 3.59%
Daily Dist. Yield 3.59%
NAV $10.42
Daily Assets
YTD Total Return NAV 4.22%
DISCLOSURES

Performance quoted represents past performance, which is no guarantee of future results. Investment return will vary. The value of an investment when redeemed, may be worth more or less than the original cost.

Current performance may be lower or higher than what is stated. To view performance current to the most recent month-end and for standard total returns and yields, click on the Performance Annualized and Yields tabs on the main Product page.  

Investors should carefully consider the portfolio's investment objectives, risks, charges and expenses before investing. Information about these and other important subjects is in the Investment Circular, which you should read carefully before investing.

Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.

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Your Partner in the Management of Public Funds

MMDT was created to offer public entities an opportunity to combine their investment dollars in a pool that seeks safety of principal, liquidity, and competitive yield.

MMDT has grown over the years offering two investment pools: the Cash Portfolio and the Short Term Bond Portfolio.

Your Representatives

Brian R. Willer, CFA

Federated Hermes
Senior Vice President 
Senior Sales Representative
Brian.Willer@FederatedHermes.com
617-335-0770

Brian is responsible for relationship management with MMDT participants.

Caroline Kafafian, CIMA®

Federated Hermes
Associate Sales Representative
Caroline.Kafafian@FederatedHermes.com
617-235-7144

Caroline is responsible for relationship management with MMDT participants.
 

Wayne Perry

Federated Hermes
Participant Services
Wayne.Perry@FederatedHermes.com
1-888-965-MMDT (6638)

Wayne is responsible for managing the MMDT Participant Services team from the High Street office.