| 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 |
| 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 |
| 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
MORE NEWS »
Crane Data's latest monthly Money Fund Portfolio Holdings statistics will be sent out Thursday, and we'll be writing our regular monthly update on the new August data for Friday'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 Wednesday. (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 August 31, includes holdings information from 1026 money funds (up 16 from last month), representing assets of $8.503 trillion (up from $8.381 trillion a month ago). Prime MMFs fell to $1.239 trillion (down from $1.242 trillion), or 14.6% 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 rose to $21.8 billion (annualized) in August.
Inside Money Fund Intelligence
MFI PDF February 2022 Issue |
Largest Money Fund Managers |
|
 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). 
|
|
About Crane Data LLC
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.
Link of the Day
MORE LINKS »
Sep 10
Northern Stablecoin Cash Reserves
A press release titled, "Northern Trust Asset Management Launches Stablecoin Cash Reserves Portfolio," tells us, "Northern Trust Asset Management ... announced the launch of the Northern Institutional Funds Stablecoin Cash Reserves Portfolio (NSCXX). The Stablecoin Cash Reserves Portfolio is a U.S. government money market fund designed to support stablecoin issuers' cash reserve needs. The fund is structured to hold the reserves for stablecoins, as permitted under the recent Guiding and Establishing National Innovation for U.S. Stablecoins ('GENIUS') Act. The fund is a 2a-7 Treasury and Treasury repurchase agreement money market fund, with remaining maturities of 93 days or less. The fund invests in U.S. Treasury securities and Treasury repurchase agreements and does not invest in, or own, stablecoins within the portfolio." Paula Kar, Chief Product Officer of Northern Trust Asset Management, comments, "The stablecoin market is rapidly evolving as issuers look for reserve solutions that seek to meet their capital preservation and liquidity needs, while aligning with new regulatory requirements. This portfolio applies our institutional cash management experience to that challenge, giving issuers access to a dedicated reserve solution built around high-quality, short-term U.S. government assets. Together with our tokenized fund capabilities, this launch reinforces our focus on connecting trusted investment structures with the evolving digital financial ecosystem." The release explains, "This Stablecoin Cash Reserves Portfolio launch follows Northern Trust Asset Management's entry into the digital assets market earlier this year, after the launch of a tokenized share class of the NIF Treasury Instruments Portfolio. These developments represent Northern Trust Asset Management's commitment to providing clients with digitally-powered solutions in a transforming marketplace. Northern Trust …
People
more »
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!
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.
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.
Crane Data News & Features
contact us »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.