MMDT Short Term Bond Portfolio

Overview

 
AT A GLANCE
Portfolio
Assets
August 31 2020
$826.4 M
YTD Return NAV
September 20 2020
4.61%
Documents
STRATEGY

Offers participation in a diversified portfolio of investment grade short-term fixed-income securities that seeks to generate long-term performance exceeding the Bloomberg Barclays 1-5 Year Government/Credit Index.

KEY FACTS
Key Facts - Part 1
Benchmark Bloomberg Barclays 1-5 Year Government / Credit Index
Pool Cutoff Purchases: 04:00 p.m. ET
Redemptions: 04:00 p.m. ET
Key Facts - Part 2
Pool Number(s)
596
Performance Incp. Date April 25 2006
Fiscal Year End 6-30
Additional Transaction Deadlines

Purchase/Redemption by ACH:  4:00 p.m. ET
Transfers between Accounts:  4:00 p.m. ET
Exchanges between Portfolios: 4:00 p.m. ET
Settlement of Wires: 5:00 p.m. ET (trade date + 1 day)

Wiring Instructions

MMDT Quick Reference Guide

MANAGERS
John Gentry, CFA®
Senior Vice President
Senior Portfolio Manager
Head of Corporate Fixed Income Group

joined Federated Hermes
30 years of experience

Performance

Characteristics

DISCLOSURES

Current and future portfolio holdings are subject to risk.

Portfolio composition is subject to change.

Pool Insights

 

Documents

 
DISCLOSURES

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.

DISCLOSURES

An Investment in the Short Term Bond Portfolio is not a deposit of a bank and is neither insured or guaranteed by the Commonwealth of Massachusetts or the U.S. government, the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The Portfolio's yield will vary from day to day based on changes in interest rates and market changes.  

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.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.

Current performance may be lower or higher than what is stated.

The portfolio is the successor to the MMDT Short Term Bond Fund pursuant to a reorganization that occurred on March 4, 2013. Prior to that date, the portfolio had no investment operations. Accordingly, for periods prior to that date, the performance information is that of the MMDT Short Term Bond Fund, which was managed by Fidelity Investments.

Total returns for periods of less than one year are cumulative.

The ratings agencies that provided the quality breakdown ratings are Standard and Poor's, Moody's and Fitch. When ratings vary, the lowest rating is used. Credit ratings of A or better are considered to be high credit quality; credit ratings of BBB are good credit quality, and the lowest category of investment grade; credit ratings BB and below are lower-rated securities ("junk bonds"); and credit ratings of CCC or below have high default risk.

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

Current and future portfolio holdings are subject to risk.

Portfolio composition is subject to change.

Federated Investment Counseling

Not FDIC Insured
May Lose Value
No Bank Guarantee

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