| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.73 |
| JPMorgan Prime MM Capital (CJPXX) | 3.73 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.72 |
| Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) | 3.71 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.67 |
| Invesco Premier Institutional (IPPXX) | 3.74 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.74 |
| Allspring MMF Prm (WMPXX) | 3.73 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.72 |
| UBS Prime Preferred Fund (UPPXX) | 3.70 |
| Allspring Nat Tax-Free Prem (WFNXX) | 1.92 |
| Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 1.90 |
| Federated Hermes Muni Oblig WS (MOFXX) | 1.90 |
| JPMorgan Tax Free MM Instit (JTFXX) | 1.81 |
| Schwab Municipal MF Ultra (SWOXX) | 1.80 |
A press release titled, "Franklin Templeton and Binance Advance Strategic Collaboration with Institutional Off-Exchange Collateral Program," tells us, "Franklin Templeton, a global investment leader and Binance, the world's leading cryptocurrency exchange by trading volume and users, ... announced a new institutional off-exchange collateral program, making digital markets more secure and capital-efficient. Now live, eligible clients can use tokenized money market fund shares issued through Franklin Templeton's Benji Technology Platform as off-exchange collateral when trading on Binance." (Note: Please join us for our upcoming Bond Fund Symposium, which is March 19-20 in Boston. We hope to see you next month in Boston!)
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 falling by $22.7 billion to $7.797 trillion, after increasing by $85.0 billion the previous week. Five weeks prior assets were a record $7.804 trillion. Assets have risen in 16 of the last 21 weeks and 24 of the past 30 weeks. MMF assets are up by $851 billion, or 12.3%, over the past 52 weeks (through 2/11/26), with Institutional MMFs up $556 billion, or 13.4% and Retail MMFs up $295 billion, or 10.6%. Year-to-date in 2026, MMF assets are up by $41 billion, or 0.5%, with Institutional MMFs up $39 billion, or 0.8% and Retail MMFs up $2 billion, or 0.1%. ICI's weekly release says, "Total money market fund assets decreased by $22.70 billion to $7.77 trillion for the week ended Wednesday, February 11, the Investment Company Institute reported.... Among taxable money market funds, government funds decreased by $22.17 billion and prime funds increased by $31 million. Tax-exempt money market funds decreased by $558 million." ICI's stats show Institutional MMFs decreasing $25.1 billion and Retail MMFs increasing $2.4 billion in the latest week.`Total Government MMF assets, including Treasury funds, were $6.388 trillion (82.2% of all …
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."
"Deutsche Hires von Sprecher" says a brief in the Securities Finance Times. It explains, "Deutsche Bank has appointed Cassandra von Sprecher as global head of agency securities lending sales." She was formerly with State Street and formerly Casandra (Cassie) Jones.
"Treasury Curve Appoints Fred Berretta as Vice President of Partnerships to Accelerate Channel Growth," says a press release.
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.