News and Announcements
May 24 2024 MMDT Juneteenth National Independence Day Holiday Observance 2024

On Wednesday, June 19, 2024, MMDT will be closed for business in observance of Juneteenth National Independence Day.

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Upcoming Events

September 8 2024 - September 11 2024
MA National Association of Housing and Redevelopment Officials Annual Conference
Falmouth, MA

September 15 2024 - September 18 2024
New England States Government Finance Officers Association (NESGFOA) Annual Fall Conference
Mystic, CT

View All Upcoming Events

Daily Performance

MMDT Cash Portfolio

AS OF June 19 2024
Daily Pool Performance
7-Day Net Yield 5.49%
Daily Net Yield 5.49%
NAV $1.00
Daily Assets $36,013,442,609.34
YTD Total Return NAV 2.62%

MMDT Short Term Bond Portfolio

AS OF June 19 2024
Daily Pool Performance
30-Day Dist. Yield 3.40%
Daily Dist. Yield 3.39%
NAV $10.16
Daily Assets $779,608,380.63
YTD Total Return NAV 1.24%

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

June 18 2024
Equity .

6 minute read

Passing the buck on higher energy prices
June 18 2024
June 13 2024
Markets/Economy .

2 minute read

Zig and zag
June 17 2024
June 13 2024
Markets/Economy .

3 minute read

A shift in sentiment
June 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.