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 |
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 |
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 |
Crane Data's latest Money Fund Intelligence International shows that assets in European or "offshore" money market mutual funds inched lower over the past 30 days to $1.502 trillion, after hitting a record high $1.518 trillion two months prior, while yields were lower. Assets for USD and EUR MMFs rose while GBP MMFs fell over the past month. Like U.S. money fund assets, European MMFs repeatedly hit record highs in 2023, 2024 and early in 2025 but have paused in recent weeks. These U.S.-style money funds, domiciled in Ireland or Luxembourg and denominated in US Dollars, Pound Sterling and Euros, decreased by $3.4 billion over the 30 days through 6/12. The totals are up $69.7 billion (4.9%) year-to-date for 2025, they were up $235.3 billion (19.7%) for 2024 and up $166.9 billion (16.2%) for the year 2023. (Note that currency moves in the U.S. dollar cause Euro and Sterling totals to shift when they're translated back into totals in U.S. dollars. See our latest MFI International for more on the "offshore" money fund marketplace. These funds are only available to qualified, non-U.S. investors and are almost entirely institutional.)
MFI PDF June 2025 Issue |
Largest Money Fund Managers |
|
![]() 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. |
![]() 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). ![]() |
|
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.
ICI's latest weekly "Money Market Fund Assets" shows money fund assets falling $9.3 billion to $7.007 trillion, after jumping $66.8 billion the week prior. Money fund assets remain just below their record level of $7.032 trillion set on April 2. They've increased by $703 ...
Vanguard is seeking a Taxable Money Market Portfolio Manager in Malvern, Pa.
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.
Cary Musser was recently hired by Merchants Bank for the role of Managing Director, Head of Liquidity Solutions.
Register soon for our big Money Fund Symposium show, which will be held June 23-25 in Boston. We’re expecting a record 600+ attendees! Mark your calendars too for our next 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, we hope to see you at 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 Boston in June, in Dublin in September or in Pittsburgh in December 2025!