| JPMorgan Prime MM Capital (CJPXX) | 3.69 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.68 |
| Morgan Stanley Inst Liq Prime Inst (MPFXX) | 3.67 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.66 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.63 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.71 |
| Invesco Premier Institutional (IPPXX) | 3.69 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.68 |
| Allspring MMF Prm (WMPXX) | 3.68 |
| Federated Hermes Prime Cash Oblig WS (PCOXX) | 3.65 |
| Vanguard Municipal MMF (VMSXX) | 2.78 |
| Federated Hermes Muni Oblig WS (MOFXX) | 2.73 |
| JPMorgan Municipal MM Inst (IJMXX) | 2.66 |
| Schwab NY Municipal MF Ultra (SNYXX) | 2.66 |
| Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.64 |
The Investment Company Institute's latest weekly "Money Market Fund Assets" report shows money fund assets rising $13.4 billion to $7.785 trillion, after they increased $16.9 billion the previous week and jumped by $127.0 billion three weeks ago. MMFs fell by a massive $175.8 billion six weeks ago, their largest weekly drop ever. Assets hit a record high $7.856 trillion ten weeks ago. MMF assets are up by $836 billion, or 12.0%, over the past 52 weeks (through 5/27/26), with Institutional MMFs up $614 billion, or 15.0% and Retail MMFs up $222 billion, or 7.7%. Year-to-date in 2026, MMF assets are up by $51 billion, or 0.7%, with Institutional MMFs up $36 billion, or 0.8% and Retail MMFs up $15 billion, or 0.5%.
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.
A press release titled, "Archax to Offer BNY Investments’ UCITS Money Market Funds on Digital Assets Platform," tells us, "Archax, the UK and EU regulated digital asset platform, ... announced that it is adding BNY Investments' suite of UCITS-compliant Government and Prime money market funds, and short-term bond funds to its range of tokenised real-world assets. With these blockchain-based offerings, Archax seeks to continue providing eligible investors with regulated, on-chain investment options. The tokenised funds combine BNY Investments' specialist strategies with the efficiency and accessibility of digital assets to enable faster settlement, enhanced transparency and greater investor flexibility." Graham Rodford, CEO and co-founder of Archax, comments, "We are thrilled to offer BNY Investments' UCITS Money Market funds on our digital asset platform -- which reflects our shared vision of building a resilient and transparent digital asset ecosystem." The release states, "The funds to be listed on Archax's platform include BNY Investments' UCITS suite of money market funds under the BNY Mellon Liquidity Funds plc (MLF) and Insight Liquidity Funds plc (ILF) umbrellas: ILF GBP Liquidity, ILF EUR Liquidity, ILF GBP Liquidity Plus, ILF EUR Liquidity Plus, BNY Mellon U.S. Treasury, and BNY Mellon U.S. Dollar Liquidity. The underlying strategies, covering USD, GBP, and EUR denominations and with AUM of $63bn, are sub-advised by BNY Investments, which manages $2.1 trillion in assets and has over five decades of liquidity management experience." Gerald Rehn, Head of EMEA Distribution at BNY Investments, adds, "Clients are increasingly seeking solutions that meet their liquidity needs, and offer portfolio diversification and regulatory …
Allen Hoppe is retiring from the City of Minneapolis. Dave Wheeler will take over as Senior Manager. We wish Allen all the best in retirement!
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.
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.