Western Asset Prem Inst Liq Res Cap (WAAXX) | 5.42 |
DWS ESG Liquidity Inst (ESGXX) | 5.40 |
State Street Inst Liq Reserve Prem (SSIXX) | 5.39 |
Allspring Heritage Select (WFJXX) | 5.37 |
Federated Hermes Inst MM Mgmt IS (MMPXX) | 5.36 |
Invesco Premier Investor (IMRXX) | 5.37 |
First American Ret Prime Obligs X (FXRXX) | 5.36 |
Allspring MMF Prm (WMPXX) | 5.35 |
UBS Prime Preferred Fund (UPPXX) | 5.34 |
Federated Hermes Prime Cash Oblig WS (PCOXX) | 5.34 |
Federated Hermes Muni Obligs WS (MOFXX) | 4.11 |
Vanguard Municipal MMF (VMSXX) | 4.07 |
Fidelity Inv MM: Tax Exempt I (FTCXX) | 3.97 |
BlackRock Liq MuniCash Inst (MCSXX) | 3.93 |
UBS Tax-Free Preferred (SFPXX) | 3.88 |
With less than 2 months to go until Crane's Money Fund Symposium will be held in Pittsburgh, June 12-14, we are also starting preparations for our 10th Annual European Money Fund Symposium. The preliminary agenda has been released and registrations are now being taken for this year's European event, which will take place Sept. 19-20 at the Hilton London Tower Bridge in London, England. We provide more details on both shows below, and feel free to contact us for more information. (Note: If you haven't registered yet for the U.S. Money Fund Symposium, you can still do so via www.moneyfundsymposium.com. Note too: For those attending The New England AFP Annual Conference, April 25-26 in Boston, we hope to see some of you at the show!)
MFI PDF February 2022 Issue |
Largest Money Fund Managers |
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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). |
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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.
A press release titled, "SEC Staff Publishes New Registered Fund Statistics Report," tells us, "The staff of the Securities and Exchange Commission ... published a new report of Registered Fund Statistics, which is based on aggregated data reported by SEC-registered funds on Form N-PORT. The new report, which will be updated on a quarterly basis, is designed to provide the public with a regular and detailed picture of the registered funds industry -- with its more than 12,000 funds and more than $26 trillion in total net assets under management. The report provides key industry statistics and shows trends over time, including information and trends related to portfolio holdings, flows and returns, interest rate risk, and other exposures across U.S. mutual funds, exchange-traded funds, closed-end funds, and other registered funds." SEC Chair Gary Gensler comments, "Providing data to the public is one of the more consequential things a government agency does.... This new report will give the public a view into the registered fund industry. Investors, issuers, economists, academics, and the public at large benefit from such regularly published economic data." The release continues, "Registered Fund Statistics contains the first aggregated report that reflects both the public and non-public information filed on Form N-PORT, and most of the aggregated data in the more than 70 separate tables of the report is being made public for the first time. Also, the public may download the statistics reported in Registered Fund Statistics in a structured format, which will provide the historical statistical series of information with each publication of the report." Chief Economist Jessica Wachter <p:>`_says, "`The publication of …
A press release tells us, "The Securities and Exchange Commission ... announced that William Birdthistle, the Director of the Division of Investment Management, will depart the agency.... Natasha Vij Greiner, currently the Deputy Director of the Division of Examinations, will be named Director of the Division of Investment Management."
A release titled, "GLMX Promotes Giglio and Wiblin as Expansion Continues" says, "GLMX, a comprehensive global technology solution for trading Money Market instruments, including repurchase agreements, ... announced [that] Sal Giglio, previously COO and Chief Markets Officer, has been promoted to President and Chief Revenue Officer. Andy Wiblin, previously Chief Product Officer, has been promoted to Global Chief Operating Officer."
Jason Straker is now a VP & Senior Sales Representative with Federated Hermes. He was previously with Western Asset.
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.