| JPMorgan Prime MM Capital (CJPXX) | 3.69 |
| Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) | 3.67 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.67 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.66 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.61 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.71 |
| Invesco Premier Institutional (IPPXX) | 3.68 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.67 |
| Allspring MMF Prm (WMPXX) | 3.67 |
| Federated Hermes Prime Cash Oblig WS (PCOXX) | 3.63 |
| Federated Hermes Inst Tax-Fr Cash Tr Pr (FTFXX) | 2.84 |
| JPMorgan Inst Tax Free MM Capital (JOCXX) | 2.81 |
| Western Asset Select Tax Free Res Sel (CIFXX) | 2.81 |
| Vanguard Municipal MMF (VMSXX) | 2.77 |
| Allspring Nat T-F Prem (WFNXX) | 2.73 |
The Investment Company Institute released its "2026 Investment Company Fact Book," an annual compilation of statistics and commentary on the mutual fund space. Subtitled, "A Review of Trends and Activities in the Investment Company Industry," the latest edition tells us, " With stock markets rising around the globe in 2025 (17% in the United States, 36% in Europe, and 29% in the Asia-Pacific region) worldwide total net assets of equity funds, which invest primarily in publicly traded stocks, increased by 19% to $42.6 trillion at year-end 2025. Bond funds -- which invest primarily in fixed-income securities -- saw their total net assets increase 21% over the same period, somewhat reflecting total returns (capital gains and interest income) in bond markets. In 2025, the total return on bonds was 7% in the United States, 1% in Europe, and 1% in the Asia-Pacific region. Net assets of money market funds, which are regulated funds restricted to holding short-term, high-quality debt instruments, rose by 15%." We excerpt from the latest "Fact Book" below.
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.
Money fund yields (7-day, annualized, simple, net) were unchanged at 3.47% on average during the week ended Friday, April 24 (as measured by our Crane 100 Money Fund Index), after increasing 1 bp the week prior. Fund yields haven' …
Cory Ryan joined Barclays to head NY Sales. He was previously with Jefferies. Meanwhile London-based Steve Collins is no longer with Barclays.
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."
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.