Highest-Yielding Money Market Funds ranked by 7-Day yield ( as of Aug. 17, 2026 )
Institutional Money Funds 7-Day Yield%
Federated Hermes Inst Prime Obligs IS (POIXX) 3.71
JPMorgan Prime MM Capital (CJPXX) 3.71
BlackRock Lq TempCash Inst (TMCXX) 3.69
Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) 3.69
Western Asset Prem Inst Liq Res Capital (WAAXX) 3.63
Retail Money Funds 7-Day Yield%
Morgan Stanley IL Liq MMP Wealth (MWMXX) 3.72
Allspring MMF Prm (WMPXX) 3.71
JPMorgan Liquid Assets Capit (CJLXX) 3.71
Invesco Premier Institutional (IPPXX) 3.71
Goldman Sachs Investor MM Inst (FMJXX) 3.70
Tax Exempt Money Funds 7-Day Yield%
Goldman Sachs Inv Tax-Ex MMF In (FTXXX) 2.06
Allspring Nat T-F Prem (WFNXX) 1.90
Federated Hermes Muni Oblig WS (MOFXX) 1.84
JPMorgan Tax Free MM Instit (JTFXX) 1.78
Schwab Municipal MF Ultra (SWOXX) 1.78

Money Market News

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Barron's "Income Investing" column, titled, "Inflation and Taxes Are Eating Into Your Savings. What You Can Do About It," contained the same error as a Wall Street Journal piece from last week -- it compared the current yield on money funds with the inflation rate over the past year. Columnist Randall Forsynth writes, "Congratulations, savers. Your money-market fund is now yielding more than inflation, if only by a hair. But after paying taxes on your money fund's earnings, you're still behind the inflation bogey. What to do? 'Nothing' seems to be the answer from those individuals who keep $3 trillion stashed in money funds yielding about 3.5%, 10 basis points more than the 3.4% increase in the consumer price index in the latest 12 months, but less than that after rendering unto Uncle Sam." (Crane Data Note: The latest money fund yield would be more appropriately compared with the latest month's inflation reading, which is 1.2% annualized.)

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Inside Money Fund Intelligence

MFI PDF February 2022 Issue

Largest Money Fund Managers

MFI pdf icon

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.

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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).

Excerpt from MFI XLS

About Crane Data LLC

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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.

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Aug 17
Hazard Retires from Tradeweb/​ICD

Tory Hazard retired from Tradeweb/ICD. (See his LinkedIn post here.) He was CEO of ICD when it was acquired by Tradeweb, and was currently Head of the ICD Portal business for Tradeweb. We thank Tory for everything and wish him all the best!

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Aug 10
Western Seeks Research Analyst

Western Asset, part of Franklin Templeton, is seeking a Research Analyst based in New York. Click here for info.

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Jul 28
Sirochinsky Joins Wells Fargo

Greg Sirochinsky has joined Wells Fargo as a Managing Director & Head of Fixed Income Financing Sales. He was previously with Deutsche Bank.

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Crane Data News & Features

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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.