Morgan Stanley Inst Liq Prime Inst (MPFXX) | 4.41 |
JPMorgan Prime MM Capital (CJPXX) | 4.38 |
BlackRock Lq TempCash Inst (TMCXX) | 4.36 |
Federated Hermes Inst Prime Obligs IS (POIXX) | 4.36 |
State Street Inst Liq Reserve Prem (SSIXX) | 4.32 |
Morgan Stanley IL Liq MMP Wealth (MWMXX) | 4.41 |
Allspring MMF Prm (WMPXX) | 4.40 |
UBS Prime Preferred Fund (UPPXX) | 4.38 |
Invesco Premier Institutional (IPPXX) | 4.38 |
JPMorgan Liquid Assets Capit (CJLXX) | 4.38 |
Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.89 |
Federated Hermes Muni Oblig WS (MOFXX) | 2.88 |
T Rowe Price Tax-Exempt MF I (TERXX) | 2.78 |
Allspring Nat Tax-Free Prem (WFNXX) | 2.77 |
Vanguard Municipal MMF (VMSXX) | 2.71 |
The Investment Company Institute published, "Worldwide Regulated Open-Fund Assets and Flows, Fourth Quarter 2024," Friday, which shows that money fund assets globally rose by $382.8 billion, or 3.4%, in Q4'24 to a record $11.598 trillion. (The totals would have been $11.871 trillion if Australia and New Zealand had been included.) Increases were led by a sharp jump in money funds in U.S. and Luxembourg, while Ireland and China also rose. Meanwhile, money funds in France and Korea were lower. MMF assets worldwide increased by $1.157 trillion, or 11.1%, in the 12 months through 12/31/24, and money funds in the U.S. now represent 59.1% of worldwide assets. We review the latest Worldwide MMF totals, below. (Note: For those attending our Bond Fund Symposium March 27-28, Attendees and Crane Data Subscribers may access the BFS Conference Materials here.)
MFI PDF March 2025 Issue |
Largest Money Fund Managers |
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![]() The March 2025 issue of Money Fund Intelligence features: "MF Assets Break $7.3 Trillion After Pause; ICI Tops $7.0 Tril," which discusses the recent resurgence in MMF flows; "ICI: SEC’s MMF Reforms Push $309 Billion from Prime Inst," which looks at a paper on last year’s rule changes; and, “Stablecoin Battle Heats Up, as Tokenization Launces Spread," which reviews the latest news on stablecoins and tokenized MMFs. 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 February 28, 2025. (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 news release titled, "Vanguard Survey Reveals Savings Blind Spot: Idle Cash," states, "Vanguard's new national consumer survey revealed a startling savings blind spot: idle cash. While nearly 90% of Americans currently save or plan to save for short-term goals, 60% do not completely understand how interest rates ...
Jim Griffin is now Managing Director and Head of Global Liquidity Relationship Management at Invesco. He was previously at KKR and Goldman Sachs Asset Management.
Laura Glenn joined RBC Global Asset Management. She was previously at Public Trust Advisors.
The money fund industry lost another great person recently, as BlackRock's Chris Cammuso passed away after a battle with cancer. Our condolences to Chris's family, friends and colleagues at BlackRock and Cachematrix and in the money fund business. See the Obituary here.
Thank you to those who attended our recent Money Fund University show in Providence! We hope you enjoyed the show.... Mark your calendars for next year's event, which will be Dec. 18-19, 2025, in Pittsburgh. We're now ramping up preparations for our Bond Fund Symposium, which will be held March 27-28 in Newport Beach, Calif. Mark your calendars too for our next Money Fund Symposium, which is scheduled for June 23-25 in Boston, and for our next European Money Fund Symposium, which is scheduled for Sept. 25-26 in Dublin. Subscribers and attendees may access the recordings and conference materials (except for European MFS) via our "Content” page. Watch for more details on future shows in coming months, and let us know if you'd like more information. We hope to see you in Newport Beach in March, in Boston in June, in Dublin in September or in Pittsburgh in December 2025!