Highest-Yielding Money Market Funds ranked by 7-Day yield ( as of Oct. 21, 2019 )
Institutional Money Funds 7-Day Yield%
DWS ESG Liquidity Fund Cap (ESIXX) 2.06
Goldman Sachs FS MM Inst (FSMXX) 2.00
Dreyfus Cash Management Inst (DICXX) 2.00
JPMorgan Prime MM Capital (CJPXX) 2.00
Morgan Stanley Inst Liq MMP Inst (MPUXX) 2.00
Retail Money Funds 7-Day Yield%
Vanguard Prime MMF Adm (VMRXX) 2.00
JPMorgan Liquid Assets Capit (CJLXX) 2.00
Wells Fargo MMF Prime (WMPXX) 1.99
Invesco Premier Institutional (IPPXX) 1.98
Fidelity Inv MM: MM Port Inst (FNSXX) 1.98
Tax Exempt Money Funds 7-Day Yield%
Federated Municipal Oblig WS (MOFXX) 1.31
Vanguard Municipal MMF (VMSXX) 1.27
Wells Fargo Muni Cash Mg MM Prem (EMMXX) 1.27
Invesco Premier Tax-Exempt Instit (PEIXX) 1.26
Fidelity Inv MM: Tax Exempt I (FTCXX) 1.24

Money Market News


A press release entitled, "J.P. Morgan Launches New Liquidity Management Platform, Morgan Money," tells us, "J.P. Morgan Asset Management ... announced the launch of Morgan Money, a new institutional investing platform to replace the firm's existing Global Cash Portal. The platform delivers a real-time dashboard to invest, a single access point for operations, and enhanced risk management controls." Paula Stibbe, Global Head of Liquidity Sales, comments, "Morgan Money is designed to deliver a seamless customer experience, centered on operational efficiency, end-to-end system integration, and effective controls. The platform was designed for clients, by clients – embedding their needs and priorities into its core capabilities and functionality."


Inside Money Fund Intelligence

MFI PDF October 2019 Issue

Largest Money Fund Managers

MFI pdf icon

The October 2019 issue of Money Fund Intelligence features: "Institutional Money Funds Now Driving Flows; Yields Sink," which reviews the surge in money fund assets starting back in April; "European MF Symposium in Ireland Focuses on Future," which excerpts from the Irish Funds and IMMFA EMFS Sessions; and, "Worldwide Assets Hit Record $6.2T: US Jumps, China Falls," which discusses asset growth in money fund markets outside the U.S.

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 Sept. 30, 2019. (MFI XLS contains percentile rankings, fund family rankings, MNAVs, WLA, 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.


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Sep 24
Baldry Launches EPBCOMMS

A press release, "EPBCOMMS, LLC Debuts at Crane Data European Money Fund Symposium, Dublin, Ireland," tell us, "Former Institutional Cash Distributors executives: Ed Baldry, Doug Brown and Nancy Duggan announced the launch of EPBCOMMS, LLC – a global strategic communications and industry entertainment enterprise targeting the international financial community and ... Fintech marketplace."

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Sep 23
Henderson Leaves BlackRock

Senior Municipal Money Fund Portfolio Manager William Henderson is no longer with BlackRock. (See the news from CityWire here.)

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Sep 08
Levitt Joins TriState

Jesse Levitt has started as a Senior VP of National Deposit Sales & Liquidity Solutions for Pittsburgh-based TriState Capital. Levitt was previously with OppenheimerFunds.

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Crane Data News & Features

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Crane's Money Fund University

Thanks to those who attended our recent European Money Fund Symposium in Dublin! (Mark your calendars for next year's show in Paris, Sept. 23-24, 2020.) We're now preparing for our next "basic training" event, Money Fund University, which will be Jan. 23-24, 2020, in Providence, R.I. Registrations are now being taken. Also, mark your calendars for our next Bond Fund Symposium, March 25-26, 2020 in Boston, and our next Money Fund Symposium, June 24-26, 2020, in Minneapolis. Let us know if you'd like to speak, sponsor or find out more about any of our events!

Money Fund Intelligence International

Let us know if you'd like to see our "offshore" or European money fund products, which track funds domiciled in Ireland, Luxembourg, France and beyond. Our MFI International is a daily e-mailed spreadsheet that tracks yields, assets, WAMs, WLAs and more on hundreds of funds denominated in U.S. dollar, pound sterling, euro and other currencies. We also publish monthly and weekly MFI International MF Portfolio Holdings data, and we're also expanding our collection of longer-term "standard" European money funds and ultra-short bond funds. (Note: These funds are not available to U.S. investors, so this information is not included on the www.cranedata.com website. It's all e-mail or FTP only.)