Highest-Yielding Money Market Funds ranked by 7-Day yield ( as of Jan. 23, 2017 )
Institutional Money Funds 7-Day Yield%
JPMorgan Prime MM Capital (CJPXX) 0.89
UBS Select Prime Money Mkt Pref (SPPXX) 0.87
Fidelity Inv MM: Prime MMP Inst (FIPXX) 0.86
Morgan Stanley Inst Liq MMP Inst (MPUXX) 0.85
BlackRock Lq TempFund In (TMPXX) 0.84
Retail Money Funds 7-Day Yield%
Fidelity Inv MM: MM Port Inst (FNSXX) 0.95
JPMorgan Liquid Assets Capit (CJLXX) 0.91
BlackRock Money Market Port Inst (PNIXX) 0.89
Vanguard Prime MMF Adm (VMRXX) 0.84
Federated Prime Cash Oblig WS (PCOXX) 0.80
Tax Exempt Money Funds 7-Day Yield%
Federated Municipal Obligs WS (MOFXX) 0.62
Vanguard Tax Exempt MMF (VMSXX) 0.56
Northern Trust Municipal MMkt (NOMXX) 0.56
`Vanguard NY Tax Exempt MMF`_ (VYFXX) 0.55
Federated Tax-Free Obligs WS (TBIXX) 0.55

Money Market News

Click here for MORE NEWS »

Last week, Fitch Ratings hosted a "European Money Market Fund Reform Teleconference," which featured Senior Director Alastair Sewell and Associate Director Evangelia Gkeka from Fitch's Fund and Asset Manager Rating Group. They discussed the "timing and implications of European money fund reform," "new fund types ... the low volatility net asset value fund," and, "inner workings of liquidity fees and redemption gates." Sewell explains, "European money fund reforms were finally agreed in December of last year. That's arguably almost 7 years after the process started, with the DeLarosierre report, which called in common definition of European money funds, or more recently, approximately 3 years after the first draft of money fund reforms in Europe were tabled."

Click here for MORE NEWS »

Inside Money Fund Intelligence

MFI PDF January 2017 Issue

Largest Money Fund Managers

MFI pdf icon

The January 2017 issue of Money Fund Intelligence features: "Money Fund Highlights of '16; Higher Yields The Story in '17," which reviews the top stories of 2016; "AB's Ed Dombrowski on Growing Govt MMFs," which profiles the Portfolio Manager of the AB Government Money Market Portfolio; and, "Top Money Funds of 2016; 8th Annual MFI Awards," which looks at the top-performing money funds of 2016.

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.

MFI xls icon

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 Dec. 31, 2016. (MFI XLS contains percentile rankings, fund family rankings, "shadow" NAVs, portfolio composition, and more).

Excerpt from MFI XLS

About Crane Data LLC

origami crane

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.

People

more »

Jan 04
Nentwig Joins Jefferies

Jill Nentwig has joined Jefferies. She was previously with INTL FCStone (formerly G.X. Clarke).

Envelope icon

Nov 28
Fidelity'​s Johnson Retiring

Edward 'Ned' Johnson, Chairman of Fidelity Investments, the largest manager of money market funds, announced his retirement, according to The Boston Globe." Johnson pioneered the use of check-writing for money funds.

Envelope icon

Nov 15
White to Leave SEC

Mary Jo White announced plans to step down as Chair of the Securities & Exchange Commission.

Envelope icon

Crane Data News & Features

contact us »

Bond Fund Symposium

Mark your calendars for Crane Data's inaugural Bond Fund Symposium, which is scheduled for March 23-24, 2017, at the Boston Hyatt Regency. We plan on bringing bond fund managers, professionals, investors, dealers, issuers and servicers together for 2 days of intensive discussions of all things bond fund, with a focus on the ultra-short segment. (Contact Pete if you're interested in speaking or sponsoring.) Crane Data began publishing its Bond Fund Intelligence and tracking the bond mutual fund marketplace in 2015, and we continue to expand our readership, coverage and product lineup. Let us know if you'd like to see the latest issue or to learn more. Visit our Content Center to access the latest BFI and BFI XLS issues and archives.

Money Fund Symposium

The agenda is now available and the website is live for our big show, Crane's Money Fund Symposium, which will be held June 21-23, 2017, in Atlanta, Ga. For details and to register visit www.moneyfundsymposium.com. Also, mark your calendars for our next European Money Fund Symposium, which will be held Sept. 25-26, 2017 in Paris (visit www.euromfs.com for more info). Finally, thanks to those who attended our Money Fund University recently in Jersey City! Our next "basis training" money fund event is tentatively scheduled for Jan. 18-19, 2018 in Boston.