MML Clinton Municipal Y (MMZWX)
| Fund Assets | 64.45M |
| Expense Ratio | 0.51% |
| Min. Investment | $0.00 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.02% |
| Dividend Growth | 2.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.83 |
| YTD Return | 1.01% |
| 1-Year Return | 5.55% |
| 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 5.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.89%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02651 | Jun 30, 2026 |
| May 29, 2026 | $0.02307 | May 29, 2026 |
| 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 |