News and Announcements
May 5 2025 MMDT Memorial Day Holiday Observance 2025

On Monday, May 26, 2025, MMDT will be closed for business in observance of Memorial Day.  

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Upcoming Events

May 14 2025
Cape & Islands Collectors & Treasurers Association Spring Meeting
South Yarmouth, MA

May 14 2025
Eastern Massachusetts Treasurers and Collectors Association Spring Meeting
Danvers, MA

View All Upcoming Events

Daily Performance

MMDT Cash Portfolio

AS OF May 12 2025
Daily Pool Performance
7-Day Net Yield 4.47%
Daily Net Yield 4.47%
NAV $1.00
Daily Assets
YTD Total Return NAV 1.65%

MMDT Short Term Bond Portfolio

AS OF May 12 2025
Daily Pool Performance
30-Day Dist. Yield 3.53%
Daily Dist. Yield 3.62%
NAV $10.30
Daily Assets
YTD Total Return NAV 1.98%
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

May 9 2025
Markets/Economy .
Article

1 minute read

Close to the vest
May 12 2025
May 9 2025
Markets/Economy .
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2 minute read

'The waiting is the hardest part'
May 12 2025
May 7 2025
Monetary Policy .
Article

3 minute read

Sticks and stones
May 8 2025
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.