Highest-Yielding Money Market Funds ranked by 7-Day yield ( as of June 30, 2025 )
Institutional Money Funds 7-Day Yield%
Federated Hermes Inst Prime Obligs IS (POIXX) 4.34
Morgan Stanley Inst Liq Prime Inst (MPFXX) 4.34
BlackRock Lq TempCash Inst (TMCXX) 4.33
JPMorgan Prime MM Capital (CJPXX) 4.33
Western Asset Prem Inst Liq Res Capital (WAAXX) 4.32
Retail Money Funds 7-Day Yield%
Morgan Stanley IL Liq MMP Wealth (MWMXX) 4.36
Invesco Premier Institutional (IPPXX) 4.36
Allspring MMF Prm (WMPXX) 4.34
JPMorgan Liquid Assets Capit (CJLXX) 4.32
UBS Prime Preferred Fund (UPPXX) 4.30
Tax Exempt Money Funds 7-Day Yield%
Federated Hermes Muni Oblig WS (MOFXX) 2.40
Allspring Nat T-F Prem (WFNXX) 2.29
JPMorgan Municipal MM Inst (IJMXX) 2.23
Schwab AMT Tax Free MF Ultra (SCTXX) 2.21
Morgan Stanley Inst Liq T-E Wealth (TEWXX) 2.12

Money Market News

MORE NEWS »

A statement from Yie-Hsin Hung, President & CEO of State Street Investment Management, tells us, "I'm excited to share that State Street's global asset management business has been rebranded from 'State Street Global Advisors' to 'State Street Investment Management' to better reflect the breadth of solutions and services we offer to investors. Along with our new brand, we have refreshed our logo and brand identity to align closer to our parent, State Street, to create a stronger, more unified presence in the marketplace. Today is just the latest step in our evolution as a firm. In the last year, we've entered into new partnerships, expanded solutions through innovation, and entered new markets -- all to better serve you." (Note: Hung gave a keynote speech at our recent Money Fund Symposium titled, "The Future of Cash. Watch for quotes from this in our upcoming Money Fund Intelligence newsletter.)

MORE NEWS »

Inside Money Fund Intelligence

MFI PDF June 2025 Issue

Largest Money Fund Managers

MFI pdf icon

The June 2025 issue of Money Fund Intelligence features: "Shift from Treasuries to Repo Continues; FICC Repo Hits $1T," which discusses recent portfolio composition shifts in the MMF space; "Fed, EU Focus on Treasuries, Money Markets, NBFIs," looks at bank regulators renewed interest in MMFs and non-banks; and, “Fitch: Liquidity LGIPs Rise to Over $430B; S&P Q1 Update," which reviews recent news on local government investment pools.

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 May 31, 2025. (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.

People

more »

May 09
Allspring Seeks Portfolio Manager

Allspring Global Investments is seeking a Money Market Portfolio Manager focused on US government and Treasury money market funds. The position is located in Minneapolis or San Francisco. For more information, see the job posting here.

Envelope icon

Apr 22
Musser Hired by Merchants Bank

Cary Musser was recently hired by Merchants Bank for the role of Managing Director, Head of Liquidity Solutions.

Envelope icon

Crane Data News & Features

contact us »

European MF Symposium Dublin, 9/22-23

Thank you to those who attended and supported our recent Money Fund Symposium in Boston! Mark your calendars for next year’s show, which will be in Jersey City, June 24-26, 2026. We’re now gearing up for our European Money Fund Symposium, which is scheduled for Sept. 22-23 in Dublin, and for our next Money Fund University, which is scheduled for Dec. 18-19 in Pittsburgh. Finally, mark your calendars for next year’s Bond Fund Symposium, which is scheduled for March 19-20, 2026, in Boston. 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 Dublin in September, in Pittsburgh in December or in Boston or Jersey City in 2026!