| BlackRock Lq TempCash Inst (TMCXX) | 4.09 |
| Morgan Stanley Inst Liq Prime Inst (MPFXX) | 4.09 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 4.08 |
| JPMorgan Prime MM Capital (CJPXX) | 4.05 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 4.00 |
| Invesco Premier Institutional (IPPXX) | 4.12 |
| Allspring MMF Prm (WMPXX) | 4.12 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 4.11 |
| UBS Prime Preferred Fund (UPPXX) | 4.09 |
| Dreyfus Money Market Fund Premier (GMGXX) | 4.09 |
| Federated Hermes Muni Obligs WS (MOFXX) | 3.13 |
| Western Asset Select Tax Free Res Sel (CIFXX) | 3.12 |
| Vanguard Municipal MMF (VMSXX) | 3.09 |
| BlackRock Liq MuniCash Inst (MCSXX) | 3.08 |
| JPMorgan Inst Tax Free MM Capital (JOCXX) | 3.06 |
Following the latest Fed cut last week, Investment News asks, "What to do with cash now that Fed has officially cut rates?" They explain, "The verdict came in as expected Wednesday. The Federal Reserve lowered the federal funds rate by 25 basis points to a target range of 3.75% to 4.00%.... Fed Chair Jerome Powell responded [to a question]: 'If you're driving in the fog, you slow down.' This comment added some intrigue to the FOMC's next and final decision scheduled for 2025, which will be made on December 9-10.... As the Fed continues to cut short-term interest rates, the high yields on cash and money market funds should grind lower. And for those investors allocating to a cash bucket to fund near-term liabilities, Brian Storey, head of multi-asset strategies at Brinker Capital Investments, suggests grabbing additional yield if possible while still focusing on the safety of the principal."
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.
Crane Data published its latest Weekly Money Fund Portfolio Holdings statistics Tuesday, which track a shifting subset of our monthly Portfolio Holdings collection. The most recent cut (with data as of October 31) includes Holdings information from 47 money funds (down 27 from a week …
"Treasury Curve Appoints Fred Berretta as Vice President of Partnerships to Accelerate Channel Growth," says a press release.
Paxos, which runs the stablecoin PYUSD for Paypal, is seeking a Senior Manager, Business Development. See here for details.
Tom Knight recently retired from online money market trading portal ICD. (See his LinkedIn post here.) We wish Tom all the best!
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.