| 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 |
Crane Data's latest Money Fund Intelligence International shows that assets in European or "offshore" money market mutual funds decreased slightly over the past 30 days to $1.670 trillion, decreasing from a record high $1.672 trillion the month prior. Yields were mixed, while assets for USD, EUR and GBP MMFs all inched lower over the past month. Like U.S. money fund assets, European MMFs have repeatedly hit record highs in 2023, 2024, 2025 and 2026. These U.S.-style money funds, domiciled in Ireland or Luxembourg and denominated in US Dollars, Pound Sterling and Euros, decreased by $10.0 billion over the 30 days through 5/13. The totals are up $85.3 billion (5.4%) year-to-date for 2026. They were up $151.9 billion (10.6%) for 2025, up $235.3 billion (19.7%) for 2024 and up $166.9 billion (16.2%) for the year 2023. (Note that currency moves in the U.S. Dollar cause Euro and Sterling totals to shift when they're translated back into totals in USD. See our latest MFI International for more on the "offshore" money fund marketplace. These funds are only available to qualified, non-U.S. investors and are almost entirely institutional.) (Note too: Mark your calendars for our next European Money Fund Symposium, which will be held Sept. 24-25 in Paris, France.)
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 flat at $7.449 trillion after they jumped a massive $122.4 billion the previous week. MMFs fell $11.0 billion the week before that, and they fell by a huge $175.8 billion 4 weeks ago, the largest weekly drop ever. Assets hit a record high $7.856 trillion 8 weeks ago. MMF assets are up by $808 billion, or 11.6%, over the past 52 weeks (through 5/13/26), with Institutional MMFs up $592 billion, or 14.5% and Retail MMFs up $216 billion, or 7.5%. Year-to-date in 2026, MMF assets are up by $16 billion, or 0.2%, with Institutional MMFs up $9 billion, or 0.2% and Retail MMFs up $7 billion, or 0.2%. ICI's weekly release says, "Total money market fund assets increased by $436 million to $7.75 trillion for the week ended Wednesday, May 13, the Investment Company Institute reported.... Among taxable money market funds, government funds increased by $3.25 billion and prime funds decreased by $4.08 billion. Tax-exempt money market funds increased by $1.27 billion." ICI's stats show Institutional MMFs increasing $0.16 billion and Retail MMFs increasing $0.28 billion in the latest week. Total Government MMF assets, including Treasury funds, were $ …
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.