News and Announcements
March 28 2025 MMDT Good Friday Holiday Observance 2025

On Friday, April 18, 2025, MMDT will be closed for business in observance of Good Friday.

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Upcoming Events

April 9 2025
MCTA Spring Meeting
Sutton, MA

April 16 2025 - April 17 2025
New England Government Finance Officers Association (NESGFOA) Spring Training Seminar
Waltham, MA

View All Upcoming Events

Daily Performance

MMDT Cash Portfolio

AS OF April 1 2025
Daily Pool Performance
7-Day Net Yield 4.51%
Daily Net Yield 4.51%
NAV $1.00
Daily Assets
YTD Total Return NAV

MMDT Short Term Bond Portfolio

AS OF April 1 2025
Daily Pool Performance
30-Day Dist. Yield 3.67%
Daily Dist. Yield 3.54%
NAV $10.35
Daily Assets
YTD Total Return NAV
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

March 31 2025
Markets/Economy .
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March 31 2025
March 31 2025
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Data discrepancy
March 31 2025
April 1 2025
Liquidity .
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The new Magnificent Seven
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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

Brian R. Willer, 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
617-235-7144

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.