Lots of Treasury and Govt MMFs Among Largest Asset Gainers in 2007.
Crane Data's latest
Money Fund Intelligence Distribution Survey, a quarterly publication that looks at
money fund family market share and sales trends, features a table of the
25 money funds with the largest dollar increases for 2007.
Ten of the 25 were Prime funds, 8 were Treasury and 7 were Government or Federal funds. The
Biggest Money Fund Asset Gainers in 2007 were:
1.
Fidelity Cash Reserves (FDRXX), which grew
$22.8 billion, or 26%, to $111.1 billion;
2.
Vanguard Prime MMF (VMMXX), which grew
$19.7 bil., or 28%, to $90.1 bil.;
3.
Goldman Sachs FS Prm Ob Ins (FPOXX), which grew
$18.0 bil., or 99%, to $36.2;
4.
Reserve Primary Instit (RPFXX), which grew
$17.1 bil., or 124%, to $30.9 bil.;
5.
Fidelity Instit MM: Treas Port I (FISXX), which grew
$14.2 bil., or 252%, to $19.8 bil.;
6.
Dreyfus Treas Cash Mgmt Inst (DTRXX), which grew
$13.2 bil., or 390%, to $16.6 bil.;
7.
Columbia Treasury Reserves Cap (CPLXX), which grew
$11.0 bil., or 394%, to $13.8;
8.
Wells Fargo Adv Govt MM Inst (GVIXX), which grew
$11.0 bil., or 147%, to $18.5 bil.;
9.
Federated Government ObI IS (GOIXX), which grew
$10.5 bil., or 135%, to $18.2 bil.; and,
10.
Goldman Sachs FS Treasury Ob Inst (FTOXX), which grew
$9.8 bil., or 527%, to $11.6 bil.