Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) | 4.65 |
State Street Inst Liq Reserve Prem (SSIXX) | 4.63 |
BlackRock Lq TempCash Inst (TMCXX) | 4.62 |
JPMorgan Prime MM Capital (CJPXX) | 4.62 |
Federated Hermes Inst Prime Oblig IS (POIXX) | 4.61 |
Morgan Stanley IL Liq MMP Wealth (MWMXX) | 4.70 |
Allspring MMF Prm (WMPXX) | 4.65 |
First American Ret Prime Obligs X (FXRXX) | 4.63 |
UBS Prime Preferred Fund (UPPXX) | 4.63 |
Invesco Premier Institutional (IPPXX) | 4.62 |
Federated Hermes Muni Oblig WS (MOFXX) | 3.03 |
JPMorgan Municipal MM Inst (IJMXX) | 2.92 |
Allspring Nat T-F Prem (WFNXX) | 2.91 |
Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.88 |
Schwab Municipal MF Ultra (SWOXX) | 2.84 |
ICI's latest "Money Market Fund Assets" report shows money funds falling $19.6 billion to $6.751 trillion in the latest week, after inching lower by $0.4 billion the previous week. Two weeks prior, assets jumped $95.9 billion to a record $6.771 trillion. Money fund assets have risen in 14 of the last 20, and 25 of the last 35, weeks, increasing by $447.5 billion (or 7.1%) since the Fed cut on 9/18 and increasing by $773.5 billion (or 12.9%) since April 24. MMF assets are up by $865 billion, or 14.7%, year-to-date in 2024 (through 12/18/24), with Institutional MMFs up $458 billion, or 12.7% and Retail MMFs up $407 billion, or 17.8%. Over the past 52 weeks, money funds have risen by $881 billion, or 15.0%, with Retail MMFs up by $420 billion (18.4%) and Inst MMFs rising by $461 billion (12.8%). (Note: Thank you to those who attended and supported our Money Fund University this week in Providence! Attendees and Crane Data Subscribers may access the MFU Conference Materials here.)
MFI PDF December 2024 Issue |
Largest Money Fund Managers |
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The December 2024 issue of Money Fund Intelligence features: "Money Fund Assets Break Over $7.0 Trillion; Still Going," which reviews the continued jump in MMF assets; "Top 10 Stories of 2024: Asset Surge Continues, Yields Peak," which looks back at some of Crane Data’s top stories of the year; and, “BlackRock Files for Money Market ETFs: Will They Fly?," which looks at the new ETF filings. 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. |
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 November 30, 2024. (MFI XLS contains percentile rankings, fund family rankings, MNAVs, WLA, portfolio composition, and more). |
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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.
As we wrap up our Money Fund University in Providence Friday, Crane Data preparing for our eighth annual ultra-short bond fund event, Bond Fund Symposium, which will take place March 27-28, 2025 at the Hyatt Regency in Newport Beach, Calif. Crane's Bond Fund Symposium offers a concentrated ...
We were stunned and saddened by the news that DWS Head of Money Market Credit Matt Plomin passed away suddenly last week. (See the Obituary here.) Our deepest condolences to the Plomin family and to his friends and colleagues at DWS.
Mark Martello has joined DWS, Deutsche Bank's asset management arm, as Relationship Manager - Head of Midwest Corporate Coverage. He was previously with Dreyfus.
Tony Lotharius recently joined Cavu Securities as a Managing Director - Cash Solutions. He was previously at State Street.
Thank you to those who supported our recent European Money Fund Symposium show in London! Mark your calendars for next year's event, which will be Sept. 25-26, 2025 in Dublin. We're now ramping up preparations for our Money Fund University, which will be held in Providence, R.I., Dec. 19-20, 2024. Mark your calendars too for our Bond Fund Symposium, which is scheduled for March 27-28, 2025 in Newport Beach, Calif., and for our next big show, Money Fund Symposium, which is scheduled for June 23-25, 2025 in Boston. Subscribers and attendees may access the recordings and conference materials (except for European MFS) via our "Content” page. Watch for more details on future shows in coming months, and let us know if you'd like more information. We hope to see you in Providence this December, or in Newport Beach in March, in Boston in June or in Dublin in September 2025!