MML Clinton Municipal Y (MMZWX)
| Fund Assets | 64.23M |
| Expense Ratio | 0.51% |
| Min. Investment | $0.00 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.04% |
| Dividend Growth | 2.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.76 |
| YTD Return | -0.21% |
| 1-Year Return | 4.77% |
| 5-Year Return | n/a |
| 52-Week Low | 9.49 |
| 52-Week High | 10.06 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | n/a |
About MMZWX
MassMutual Clinton Municipal Fund Class Y is an actively managed municipal bond mutual fund. Its primary objective is to provide current income that is generally exempt from U.S. federal income tax by investing predominantly in tax-exempt securities issued by state and local governments and their agencies. The fund is sub-advised by Clinton Investment Management, an independent municipal bond specialist, emphasizing credit research, sector allocation, and yield curve positioning within the investment-grade muni market. It may employ diversification across general obligation and revenue bonds tied to essential-service sectors such as transportation, utilities, healthcare, and education to balance income generation with credit quality. Designed for investors seeking tax-advantaged income, the strategy’s role in the market is to offer access to professionally managed municipal portfolios that can complement taxable fixed income and help manage after-tax return objectives. The Class Y share class is typically structured for larger or institutional allocations with an expense profile aligned to that segment. According to sponsor materials, the fund’s mandate centers on delivering federally tax-exempt income while navigating interest-rate and credit conditions in the municipal market.
Performance
MMZWX had a total return of 4.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.27%.
Top 10 Holdings
38.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Tarrant County Cultural Education Facilities Finance Corp - TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE | TX.TAREDU 5 07.01.2032 | 3.97% |
| Texas Water Development Board - TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND | TX.TXSWTR 5 10.15.2039 | 3.96% |
| City of San Antonio TX - SAN ANTONIO TX | TX.SAN 5 02.01.2026 | 3.93% |
| Chicago O'Hare International Airport - CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE | IL.CHITRN 5 01.01.2039 | 3.93% |
| City of New York NY - NEW YORK NY | NY.NYC 4 08.01.2040 | 3.92% |
| County of Jefferson AL Sewer Revenue - JEFFERSON CNTY AL SWR REVENUE WARRANTS | AL.JEFUTL 5.25 10.01.2042 | 3.90% |
| State of Illinois - ILLINOIS ST | IL.ILS 5 05.01.2041 | 3.86% |
| Commonwealth of Pennsylvania - PENNSYLVANIA ST | n/a | 3.84% |
| City of Chicago IL - CHICAGO IL | IL.CHI 4 01.01.2035 | 3.76% |
| Empire State Development Corp - NEW YORK ST URBAN DEV CORP SALES TAX REVENUE | n/a | 3.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.02521 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02564 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02537 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02381 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0265 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02344 | Dec 1, 2025 |