News and Announcements
September 23 2024 MMDT Columbus Day Holiday Observance 2024

On Monday, October 14, 2024, all Federal Reserve offices will be closed in observance of Columbus Day. No wire or ACH settlement will occur on this date.

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Upcoming Events

October 16 2024
Norfolk County Municipal Finance Officers Association Fall Luncheon Meeting 
Foxborough, MA

November 22 2024
Hampshire / Franklin Collectors & Treasurers Association Meeting
Whately, MA

View All Upcoming Events

Daily Performance

MMDT Cash Portfolio

AS OF October 13 2024
Daily Pool Performance
7-Day Net Yield 5.01%
Daily Net Yield 5.01%
NAV $1.00
Daily Assets $31,637,705,143.90
YTD Total Return NAV 4.40%

MMDT Short Term Bond Portfolio

AS OF October 13 2024
Daily Pool Performance
30-Day Dist. Yield 3.49%
Daily Dist. Yield 3.56%
NAV $10.32
Daily Assets $795,583,002.76
YTD Total Return NAV 3.97%
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.

Latest Insights

October 11 2024
Markets/Economy .
Article

6 minute read

Bold bull
October 11 2024
October 4 2024
Markets/Economy .
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2 minute read

Robust jobs report might mean the Fed regrets its rate cut
October 7 2024
October 4 2024
Markets/Economy .
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Well, that was unexpected
October 7 2024
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, CIMA®,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
724-809-1250

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.