News and Announcements

December 16 2025

MMDT New Year's Day Holiday Observance 2026

On Thursday, January 1, 2026, MMDT will be closed for business in observance of New Year's Day.

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Upcoming Events

January 22 2026 - January 24 2026
Massachusetts Municipal Association(MMA) Connect 351
Boston, MA

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Daily Performance

MMDT Cash Portfolio

AS OF December 25 2025
Daily Pool Performance
7-Day Net Yield 3.95%
Daily Net Yield 3.95%
NAV $1.00
Daily Assets $30,825,378,875.47
YTD Total Return NAV 4.42%

MMDT Short Term Bond Portfolio

AS OF December 25 2025
Daily Pool Performance
30-Day Dist. Yield 3.75%
Daily Dist. Yield 3.77%
NAV $10.45
Daily Assets $798,695,916.01
YTD Total Return NAV 5.81%
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

Caroline Kafafian, CIMA®

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

Caroline is responsible for relationship management with MMDT participants.
 

Justin Fein

Federated Hermes
Sales Representative
Justin.Fein@FederatedHermes.com
617-235-7111

Justin 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.