News and Announcements
May 1 2024 MMDT Memorial Day Holiday Observance 2024

On Monday, May 27, 2024, MMDT will be closed for business in observance of Memorial Day.

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Upcoming Events

May 29 2024
Berkshire County Treasurers/ Collectors Association Spring Meeting 
Pittsfield, MA

June 1 2024 - June 5 2024
2024 Kevin J. Regan MACRS Annual Conference
Emerald Resort & Conference Center - Cape Cod Irish Village

Barnstable, MA

View All Upcoming Events

Daily Performance

MMDT Cash Portfolio

AS OF May 22 2024
Daily Pool Performance
7-Day Net Yield 5.50%
Daily Net Yield 5.50%
NAV $1.00
Daily Assets $35,697,221,192.18
YTD Total Return NAV 2.19%

MMDT Short Term Bond Portfolio

AS OF May 22 2024
Daily Pool Performance
30-Day Dist. Yield 3.40%
Daily Dist. Yield 3.41%
NAV $10.10
Daily Assets $773,746,774.91
YTD Total Return NAV 0.38%

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

May 20 2024
Markets/Economy .

1 minute read

A little bit goes a long way
May 20 2024
May 20 2024
Markets/Economy .

2 minute read

Sigh of relief
May 20 2024
May 17 2024
Markets/Economy .

6 minute read

Any news is good news
May 17 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 is responsible for relationship management with MMDT participants.

Caroline Kafafian, CIMA®

Federated Hermes
Associate Sales Representative

Caroline is responsible for relationship management with MMDT participants.

Wayne Perry

Federated Hermes
Participant Services
1-888-965-MMDT (6638)

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