Highest-Yielding Money Market Funds ranked by 7-Day yield ( as of Aug. 12, 2026 )
Institutional Money Funds 7-Day Yield%
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
Retail Money Funds 7-Day Yield%
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
Tax Exempt Money Funds 7-Day Yield%
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

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The Wall Street Journal posted an article titled, "Wealth Management Has a $3 Trillion Problem: Investors Are Keeping Too Much Cash." Subtitled, "Advisers are pitching bonds and other investments, but many prefer to keep cash in money-market funds," it tells us, "Since Don Ross retired as an airline pilot a decade ago, all the financial planners he has spoken with have wanted him to invest his cash. He isn't sold. He is keeping 85% of his portfolio in stocks and the rest in a money-market fund yielding 3.62%. Ross looked at historical bear markets and determined they typically don't last longer than three years. He keeps enough of his portfolio in cash to comfortably get himself through that period, and he sells stocks when he needs to replenish his cash pile."

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Inside Money Fund Intelligence

MFI PDF August 2026 Issue

Largest Money Fund Managers

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The August 2026 issue of Money Fund Intelligence features: “Tokenized MMF Launches Proliferate: BlackRock, Aviva,” which reviews the latest tokenized money fund launches; “Quarterly Earnings Calls Quiet on Money Fund, Cash News,” which discusses Q2’26 earnings discussions on cash, deposits and sweeps; and, “Federated’s Donahue on MF Market Share, Digital, Rates,” which quotes Federated Hermes’ latest earnings call.

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.

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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 July 31, 2026. (MFI XLS contains percentile rankings, fund family rankings, MNAVs, WLA, portfolio composition, and more).

Excerpt from MFI XLS

About Crane Data LLC

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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.

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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.

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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.

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Jul 20
Federated Hires Barr for Digital

Federated Hermes hired Kevin Barr as Director of Digital Assets.

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Crane Data News & Features

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European Money Fund Symposium Paris 9/24-25

Thanks to those who attended and supported our Money Fund Symposium in Jersey City! Mark your calendars for next year's event, which will be June 23-25, 2027, in Philadelphia. Please join us for our European Money Fund Symposium, which is Sept. 24-25 in Paris. We're making plans too for our Money Fund University, which is Dec. 17-18 in Greenwich, Conn., and for our next Bond Fund Symposium, which is March 22-23, 2027 in Philadelphia. Subscribers and attendees may access the recordings and conference materials (except for European MFS) via our "Content" page. Contact us and let us know if you'd like more information on any future (or past) shows. We hope to see you in Paris or Greenwich in 2026 or in Philadelphia in 2027!