| BlackRock Lq TempCash Inst (TMCXX) | 3.71 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.71 |
| JPMorgan Prime MM Capital (CJPXX) | 3.70 |
| Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) | 3.69 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.61 |
| Invesco Premier Institutional (IPPXX) | 3.72 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.72 |
| Allspring MMF Prm (WMPXX) | 3.71 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.70 |
| UBS Prime Preferred Fund (UPPXX) | 3.68 |
| Federated Hermes Muni Oblig WS (MOFXX) | 2.43 |
| Allspring Nat Tax-Free Prem (WFNXX) | 2.36 |
| JPMorgan Municipal MM Inst (IJMXX) | 2.33 |
| Vanguard Municipal MMF (VMSXX) | 2.29 |
| Western Asset Select Tax Free Res Sel (CIFXX) | 2.29 |
Bloomberg writes, "Money Fund Assets Rise to Record $8.27 Trillion in Dash for Cash." The piece explains, "Investors are rushing into US money-market funds, lifting total assets to a record $8.271 trillion, as the war in Iran fuels a broad flight to safety. Some $49 billion flowed into money-market funds in the week ending March 3, according to the latest figures from Crane Data LLC. About $18.5 billion alone came in on Tuesday as the effects of the US-Israeli strikes on Iran reverberated across markets. The latest funds boosted this year's inflows to more than $162 billion." (Note: Register ASAP for our upcoming Bond Fund Symposium, Crane Data's ultra-short bond fund conference. BFS will take place in just 2 weeks -- March 19-20 in Boston. We hope to see you there!)
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.
The Investment Company Institute published its weekly "Money Market Fund Assets" on Thursday. The report shows money fund assets increasing by $20.1 billion to a record high $7.817 trillion, after rising by $5.7 billion the previous week. Eight weeks ago, assets hit their previous record $7.804 trillion. Assets have risen in 19 of the last 24 weeks and 27 of the past 33 weeks. MMF assets are up by $791 billion, or 11.3%, over the past 52 weeks (through 3/4/26), with Institutional MMFs up $550 billion, or 13.1% and Retail MMFs up $242 billion, or 8.5%. Year-to-date in 2026, MMF assets are up by $84 billion, or 1.1%, with Institutional MMFs up $79 billion, or 1.7% and Retail MMFs up $4 billion, or 0.1%. ICI's weekly release says, "Total money market fund assets increased by $20.11 billion to $7.82 trillion for the week ended Wednesday, March 4, the Investment Company Institute reported.... Among taxable money market funds, government funds increased by $18.68 billion and prime funds increased by $3.41 billion. Tax-exempt money market funds decreased by $1.98 billion." ICI's stats show Institutional MMFs increasing $10.1 billion and Retail MMFs increasing $10.1 billion in the latest week. Total Government MMF assets, including Treasury funds, were $6. …
Mike Cloherty has joined CIBC as Head of US Rates Strategy. He was previously with UBS.
Thrivent is seeking a Senior Money Market Portfolio Manager in Minneapolis. The posting says, "The Money Market Portfolio Manager is responsible for the management of the organization’s 2(a)7 mutual funds and the overall management of the organization’s cash holdings across multiple accounts and portfolios."
"Deutsche Hires von Sprecher" says a brief in the Securities Finance Times. It explains, "Deutsche Bank has appointed Cassandra von Sprecher as global head of agency securities lending sales." She was formerly with State Street and formerly Casandra (Cassie) Jones.
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.