- What does MMTRS invest in?
- Mills Music Trust is set up to collect payments derived from a deferred and contingent purchase agreement. This arrangement pertains to a portfolio of music and lyric copyrights, with EMI Mills Music Inc. being the entity obligated to make these payments, predominantly within the United States. The exact value of the contingent portion of these payments is directly tied to the royalty earnings produced by the catalogue's contents. EMI Mills Music Inc. functions as the proprietor of the copyrighted intellectual property found within this collection. Mills Music Trust was established in 1964 and maintains its operational base in New York, New York.
- What is the expense ratio of MMTRS?
- An expense ratio for Mills Music Trust (MMTRS) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is MMTRS?
- Mills Music Trust (MMTRS) manages $6.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is MMTRS actively managed or an index fund?
- MMTRS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was MMTRS launched?
- Mills Music Trust (MMTRS) launched in October 2010 and is managed by the fund issuer.
- How has MMTRS performed?
- MMTRS's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
