Money Mkt Mutual Funds Paid Almost $100 Billion in Dividends in 2006. Money funds paid out $97.2 billion last year, their highest level since 2000 and second highest amount ever. Table 37 from the ICI Fact Book, "Paid and Reinvested Dividends of Money Market Mutual Funds by Type of Funds", shows that money fund holders reinvested over $62.0 billion of their $97.2 billion in dividends in 2006, 63.8% of the total. Money fund dividend totals are running well over this $100 billion a year pace so far in 2007, and should approach $120 billion, unless the Fed cuts rates soon or sharply.

Email This Article




Use a comma or a semicolon to separate

captcha image

Money Market News Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September