| JPMorgan Prime MM Capital (CJPXX) | 3.70 |
| Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) | 3.70 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.69 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.67 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.62 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.73 |
| Invesco Premier Institutional (IPPXX) | 3.70 |
| Allspring MMF Prm (WMPXX) | 3.69 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.68 |
| Federated Hermes Prime Cash Oblig WS (PCOXX) | 3.66 |
| Vanguard Municipal MMF (VMSXX) | 2.40 |
| Allspring Nat Tax-Free Prem (WFNXX) | 2.40 |
| Federated Hermes Tax-Free Oblig WS (TBIXX) | 2.39 |
| JPMorgan Municipal MM Instit (IJMXX) | 2.39 |
| Schwab Municipal MF Ultra (SWOXX) | 2.34 |
Money Market News
MORE NEWS »
Money fund yields (7-day, annualized, simple, net) were down 1 bp at 3.46% on average during the week ended Friday, April 10 (as measured by our Crane 100 Money Fund Index), after remaining unchanged the week prior. Fund yields haven't been below 3.5% since November 2022, and they are down from a recent high of 5.20% in November 2023. They should remain flat in coming days (and weeks) since the Fed left short-term rates unchanged four weeks ago. Yields were 3.58% on 12/31/25, 3.78% on 11/30, 3.90% on 10/31, 3.94% on 9/30, 4.11% on 8/31, 4.12% on 7/31, 4.13% on 6/30, 4.14% on 3/31/25 and 4.28% on average on 12/31/24. MMFs averaged 4.75% on 9/30/24, 5.10% on 6/28/24, 5.14% on 3/31/24 and 5.20% on 12/31/23.
Inside Money Fund Intelligence
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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About Crane Data LLC
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.
Link of the Day
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Apr 14
Capitolis to Acquire 20 Gates' Platform
A press release titled, "Capitolis to Acquire 20 Gates Management’s U.S. Secured Financing Platform to Expand its Capital Marketplace," tells us, "Capitolis, the financial technology company, ... announced it has signed an agreement to acquire 20 Gates Management's U.S. Secured Financing Platform. The acquisition, which is expected to close in the coming weeks, enables Capitolis to add U.S. secured financing to its Capital Marketplace, broaden its client base, and add veteran industry talent to its growing team. 20 Gates Management's U.S. Secured Financing Platform has operated for more than 15 years and is supported by a broad base of prominent investors and banks. The acquisition brings an established roster of major financial institutions into the Capitolis Capital Marketplace network and adds seasoned team members from 20 Gates Management." Gil Mandelzis, CEO & Founder of Capitolis, comments, "We have known 20 Gates Management for many years, have partnered with them, and are excited to bring their U.S. secured financing capabilities and veteran team members on board. Our Capital Marketplace already offers secured financing solutions in Europe, and this acquisition extends those offerings to the U.S. market, where they are critical to our clients. In addition to that, we're gaining exceptional talent and established client relationships that will accelerate our growth and enhance our ability to serve the market with innovative solutions." 20 Gates Management's Hans Bald adds, "We've worked with and have known Capitolis for a long time and have great respect for their expertise and market leadership. We're excited to see them expand into U.S. secured financing by bringing our …
People
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Apr 06
Ryan Joins Barclays; Collins Leaves
Cory Ryan joined Barclays to head NY Sales. He was previously with Jefferies. Meanwhile London-based Steve Collins is no longer with Barclays.
Mar 03
Cloherty Joins CIBC
Mike Cloherty has joined CIBC as Head of US Rates Strategy. He was previously with UBS.
Dec 09
Thrivent Seeks Portfolio Manager
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."
Crane Data News & Features
contact us »Bond Fund Symposium Going to Calif.
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.