| Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) | 3.93 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.92 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.90 |
| JPMorgan Prime MM Capital (CJPXX) | 3.89 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.88 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.94 |
| Invesco Premier Institutional (IPPXX) | 3.90 |
| Allspring MMF Prm (WMPXX) | 3.90 |
| First American Ret Prime Obligs X (FXRXX) | 3.90 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.88 |
| Vanguard Municipal MMF (VMSXX) | 3.33 |
| Federated Hermes Inst Tax-Fr Cash Tr Pr (FTFXX) | 3.13 |
| JPMorgan Inst Tax Free MM Capital (JOCXX) | 3.08 |
| BlackRock Liq MuniCash Inst (MCSXX) | 2.81 |
| Western Asset Select Tax Free Res Sel (CIFXX) | 2.74 |
Crane Data's latest monthly Money Fund Portfolio Holdings statistics will be sent out Friday, and we'll be writing our regular monthly update on the new September data for Monday's News. But we also already uploaded a separate and broader Portfolio Holdings data set based on the SEC's Form N-MFP filings on Thursday. (We continue to merge the two series, and the N-MFP version is now available via our Portfolio Holdings file listings to Money Fund Wisdom subscribers.) Our new N-MFP summary, with data as of September 30, includes holdings information from 1041 money funds (up 15 from last month), representing assets of $8.394 trillion (down from $8.503 trillion a month ago). Prime MMFs fell to $1.238 trillion (down from $1.239 trillion), or 14.8% of the total. We review the new N-MFP data and we also look at our revised MMF expense data, which shows charged expenses were mostly flat and money fund revenues fell to $21.7 billion (annualized) in September.
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's latest weekly "Money Market Fund Assets" report shows money fund assets jumping $72.3 billion to $7.964 trillion. Assets decreased $45.4 billion the previous week and rose $15.2 billion the week before this. Assets saw a record high of $7.979 trillion five weeks ago, so they're just a hair short of the record. MMF assets are up by $578 billion, or 7.8%, over the past 52 weeks (through 10/7/26), with Institutional MMFs up $445 billion, or 10.1% and Retail MMFs up $133 billion, or 4.5%. Year-to-date in 2026, MMF assets are up by $230 billion, or 3.0%, with Institutional MMFs up $187 billion, or 4.0% and Retail MMFs up $43 billion, or 1.4%. ICI's weekly release says, "Total money market fund assets increased by $72.27 billion to $7.96 trillion for the week ended Wednesday, October 7, the Investment Company Institute reported.... Among taxable money market funds, government funds increased by $61.15 billion and prime funds increased by $4.11 billion. Tax-exempt money market funds increased by $7.02 billion." ICI's stats show Institutional MMFs increasing $58.3 billion and Retail MMFs increasing $14.0 billion in the latest week. Total Government MMF assets, including Treasury funds, were $6. …
J.P. Morgan Euro CP Trader Dan Singer passed away suddenly recently. Our deepest condolences go out to his family and colleagues. He will be missed. (See a statement here and news brief here.)
Tom Chang is now a Managing Director in the Financial Institution's Group with Invesco Global Liquidity. He was formerly with Allspring.
Teresa Ho left J.P. Morgan Securities to start a new position as `US Macro Strategist at Fidelity Investments. We wish Teresa luck!
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.