Federated Hermes Inst Prime Obligs IS (POIXX) | 4.34 |
Morgan Stanley Inst Liq Prime Inst (MPFXX) | 4.34 |
BlackRock Lq TempCash Inst (TMCXX) | 4.33 |
JPMorgan Prime MM Capital (CJPXX) | 4.33 |
Western Asset Prem Inst Liq Res Capital (WAAXX) | 4.32 |
Morgan Stanley IL Liq MMP Wealth (MWMXX) | 4.36 |
Invesco Premier Institutional (IPPXX) | 4.36 |
Allspring MMF Prm (WMPXX) | 4.34 |
JPMorgan Liquid Assets Capit (CJLXX) | 4.32 |
UBS Prime Preferred Fund (UPPXX) | 4.30 |
Federated Hermes Muni Oblig WS (MOFXX) | 2.40 |
Allspring Nat T-F Prem (WFNXX) | 2.29 |
JPMorgan Municipal MM Inst (IJMXX) | 2.23 |
Schwab AMT Tax Free MF Ultra (SCTXX) | 2.21 |
Morgan Stanley Inst Liq T-E Wealth (TEWXX) | 2.12 |
A recent "JPM Mid-Week US Short Duration Update" featured, "Takeaways from the 2025 Money Fund Symposium." They write, "Over 600 money market participants attended the 17th annual Crane Money Fund Symposium this week in Boston. Here are our key takeaways from the event. 1. Cash is king, with MMF AUMs remaining elevated. Over the past few years, inflows into MMFs have been driven by a combination of safety, liquidity needs, and competitive yields. This trend is unlikely to change anytime soon, given the high degree of uncertainty and the likelihood that policy rates will remain restrictive, leaving cash plentiful in the front end. Most market participants remain optimistic about cash for this year, with expectations that MMF AUMs will continue to trend higher, particularly as we head into 2H where MMFs tend to experience inflows." (Note: Thanks to those who attended our Money Fund Symposium in Boston earlier this week! Attendees and Crane Data Subscribers may access the recordings and MFS Conference Materials here.)
MFI PDF February 2022 Issue |
Largest Money Fund Managers |
|
![]() The February 2022 issue of Money Fund Intelligence features: "Fee Waivers Poised to Shrink, MMF Revenue Ready to Jump," which discusses recent earnings calls and expectations for Fed hikes to remove waivers; "Money Fund University '22 Highlights: Supply, New Regs," which quotes from our latest basic training conference; and, "Swing Pricing Main Focus in SEC's Money Fund Reforms," which covers articles explaining the SEC's controversial fee proposal. Each monthly issue of Money Fund Intelligence features news, performance information and rankings on money market mutual funds. Statistics include: assets, weighted average maturity, weighted average life, expense ratio, 7-day yield, 30-day yield, 1-year, 3-yr, 5-yr, 10-yr, and since inception return, as well as 7- and 30-day gross yields. MFI also contains tables of the top-yielding and the largest money funds, and our benchmark Crane Money Fund Indexes. Subscriptions are $500 a year, and include online access to archived issues and additional features. Bulk discounts and site licenses are available. Write info@cranedata.com or call 1-508-439-4419 to subscribe or to request more information. |
![]() The table below is excerpted from our monthly spreadsheet product, Money Fund Intelligence XLS. It shows the largest money market mutual fund managers as of January 31, 2022. (MFI XLS contains percentile rankings, fund family rankings, MNAVs, WLA, portfolio composition, and more). ![]() |
|
Crane Data is a money market and mutual fund information company founded by Peter G. Crane and Shaun Cutts. We collect money market mutual fund, bank savings, and cash investment performance, statistics, and information and distribute rankings, news, and indexes.
Crane Data publishes Money Fund Intelligence, Money Fund Intelligence XLS, Money Fund Wisdom, the Crane Money Fund Indexes, and a series of products tracking money markets, mutual funds and cash investments. We also produce conferences, including Crane's Money Fund Symposium. For more information and samples, e-mail info@cranedata.com or call us at 1-508-439-4419.
An article titled, "Tradeweb adds T-bill trading to ICD Portal," written by TheTrade, tells us, "Tradeweb has expanded its offering for corporate treasurers, through the launch of direct US Treasury bill (T-bill) trading on its ICD Portal. The move will allow T-bill trading to be available through a direct connection between the firm's ICD Portal and its institutional trading platform. The offering is expected to provide a single integrated solution to help corporate traders using the Portal to manage T-bill investments alongside other core investment options, such as money market funds, separately managed accounts, bank deposits and bond funds." They quote Tory Hazard, managing director at ICD, "The direct T-bill trading capability on ICD Portal -- combined with our advanced price discovery and order execution technologies -- offers corporate clients a powerful, automated workflow that enhances cash management, minimises risk, and supports optimal liquidity." The brief adds, "Tradeweb has also said that the launch marks an initial step towards further corporate treasurer workflow integration across its products, geographies and liquidity pools, set to begin with a focus on trade execution and straight-through processing on highly liquid products and currencies. The new offering follows `Tradeweb's acquisition of ICD -- an institutional investment technology provider for corporate treasury organisations trading short-term investments -- in 2024, with the aim of diversifying Tradeweb's client and business mix and driving the adoption of electronic trading for corporate treasurers."
Vanguard is seeking a Taxable Money Market Portfolio Manager in Malvern, Pa.
Allspring Global Investments is seeking a Money Market Portfolio Manager focused on US government and Treasury money market funds. The position is located in Minneapolis or San Francisco. For more information, see the job posting here.
Cary Musser was recently hired by Merchants Bank for the role of Managing Director, Head of Liquidity Solutions.
Please join us for our next live conference, Bond Fund Symposium, which will take place in person March 28-29, 2022 in Newport Beach, Calif. Bond Fund Symposium focuses on ultra-short bond funds and investing beyond money market funds. Also, mark your calendars for our next big show, Money Fund Symposium, which is scheduled for June 20-22, 2022 in Minneapolis, Minn., and for our next European Money Fund Symposium, which is scheduled for Sept. 27-28, 2022 in Paris, France. Finally, thanks to those who attended and supported our recent Money Fund University. We'll hold our next MFU on Dec. 15-16, 2022 in Boston, Mass. Watch for details in coming months. Let us know if you'd like more information on any of our shows, and we hope to see you back out on the road soon! Note that conference recordings and materials are available to conference attendees and Crane Data subscribers at the bottom of our "Content" page.