JPMorgan Prime MM Capital (CJPXX) | 4.13 |
Federated Hermes Inst Prime Obligs IS (POIXX) | 4.12 |
BlackRock Lq TempCash Inst (TMCXX) | 4.12 |
Morgan Stanley Inst Liq Prime Inst (MPFXX) | 4.11 |
Western Asset Prem Inst Liq Res Capital (WAAXX) | 4.07 |
Invesco Premier Institutional (IPPXX) | 4.17 |
UBS Prime Preferred Fund (UPPXX) | 4.13 |
Allspring MMF Prm (WMPXX) | 4.13 |
Morgan Stanley IL Liq MMP Wealth (MWMXX) | 4.12 |
Schwab Prime Adv MF Ultra (SNAXX) | 4.09 |
Federated Hermes Muni Oblig WS (MOFXX) | 2.79 |
Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.76 |
Allspring Nat T-F Prem (WFNXX) | 2.69 |
Vanguard Municipal MMF (VMSXX) | 2.66 |
Fidelity Inv MM: Tax Exempt I (FTCXX) | 2.62 |
Barron's writes that, "Money-Market ETFs Have Arrived. Should You Buy One?" They explain, "Not too long ago, investors who wanted to park cash in an exchange-traded fund version of a money-market mutual fund had to settle for ultrashort-dated bond ETFs as a proxy. That has changed with the recent launch of a few money-market ETFs, which have quickly gained assets, even as the Federal Reserve cuts interest rates. The handful of money-market ETFs include the $3.4 billion Simplify Government Money Market, the $361.2 million iShares Prime Money Market, the $269.3 million Schwab Government Money Market, the $77.2 million iShares Government Money Market, and the $60 million Texas Capital Government Money Market, which kicked off the category when it launched in September 2024."
MFI PDF October 2025 Issue |
Largest Money Fund Managers |
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![]() The October 2025 issue of Money Fund Intelligence features: “Wall of Cash, Levels of Cash Debate Heats Up; Still Going,” which reviews the latest discussions around record MMF balances and potential outflows; "European MF Symposium Toasts Irish MMFs at $1T,” which highlights our recent offshore money fund event in Dublin; and, “Worldwide MMFs Jump in Q2’25 to Record $12.3 Trillion,” which covers global MMF trends. 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 Sept. 30, 2025. (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.
A press release titled, "Jiko Announces Strategic Investments from Key Industry Players Including Coinbase and Blockstream Capital Partners," tells us, "Jiko ... announced strategic backing by Coinbase (COIN) and Blockstream Capital Partners. Alongside this investment, Jiko is entering new strategic partnerships with leading industry players, including Crypto.com, Blockstream Capital Partners ...
Paxos, which runs the stablecoin PYUSD for Paypal, is seeking a Senior Manager, Business Development. See here for details.
Tom Knight recently retired from online money market trading portal ICD. (See his LinkedIn post here.) We wish Tom all the best!
Joseph Abate is the new Head of Rates Strategy at SMBC Nikko Securities. He was previously with Barclays.
Thank you to those who attended and supported our recent European Money Fund Symposium in Dublin! Mark your calendars for next year’s show, which will be in Paris, Sept. 24-25, 2026. We’re now gearing up for our “basic training” event, Money Fund University, which is scheduled for Dec. 18-19 in Pittsburgh. Mark your calendars too for our next Bond Fund Symposium, which is March 19-20, 2026, in Boston, and for our next big show, Money Fund Symposium, which is June 24-26, 2026 in Jersey City, NJ. 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 Pittsburgh in December, or in Boston, Jersey City or Paris in 2026!