Highest-Yielding Money Market Funds ranked by 7-Day yield ( as of Jan. 16, 2020 )
Institutional Money Funds 7-Day Yield%
State Street ESG Liq Res Prem (ELRXX) 1.76
Federated Inst MM Mgmt IS (MMPXX) 1.75
DWS ESG Liquidity Fund Cap (ESIXX) 1.73
Goldman Sachs FS MM Inst (FSMXX) 1.73
Morgan Stanley Inst Liq Prime Inst (MPFXX) 1.72
Retail Money Funds 7-Day Yield%
Vanguard Prime MMF Adm (VMRXX) 1.76
Fidelity Inv MM: MM Port Inst (FNSXX) 1.75
Invesco Premier Institutional (IPPXX) 1.74
JP Morgan Prime MM Capital (CJPXX) 1.72
Goldman Sachs Investor MM Inst (FMJXX) 1.71
Tax Exempt Money Funds 7-Day Yield%
Federated Municipal Oblig WS (MOFXX) 0.95
Vanguard Municipal MMF (VMSXX) 0.94
Schwab Municipal MF Ultra (SWOXX) 0.88
BlackRock Liq MuniFund I (MFTXX) 0.87
Fidelity Inv MM: Tax Exempt I (FTCXX) 0.86

Money Market News


Money fund assets declined for the first time in four weeks, moving back down to the $3.63 trillion level after hitting their highest level since July 2009 the prior week, according to the ICI. Their latest "Money Market Fund Assets" report explains, "Total money market fund assets decreased by $7.18 billion to $3.63 trillion for the week ended Wednesday, January 15, the Investment Company Institute reported.... Among taxable money market funds, government funds decreased by $8.51 billion and prime funds increased by $2.32 billion. Tax-exempt money market funds decreased by $993 million." Money fund assets are flat year-to-date in 2020, but they've increased in 10 out of the last 13 weeks and rose by $584 billion in 2019, or 19.2%.


Inside Money Fund Intelligence

MFI PDF January 2020 Issue

Largest Money Fund Managers

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The January 2020 issue of Money Fund Intelligence features: "Highlights of '19: Assets Grow 20%; Inst, ESG Big Stories," which discusses the biggest cash stories of 2019; "BlackRock's Callahan Talks Cash, Tech, 2020," which profiles BlackRock's Global Head of Cash Management Tom Callahan; and, "Top Money Funds of 2019; 11th Annual MFI Awards," which writes about the top-performing money funds of 2019.

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.

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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 Dec. 31, 2019. (MFI XLS contains percentile rankings, fund family rankings, MNAVs, WLA, portfolio composition, and more).

Excerpt from MFI XLS

About Crane Data LLC

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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.


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Jan 13
Rizzo Leaving S&​P Global

Peter Rizzo is leaving S&P Global Ratings to "pursue new interests." S&P is looking to fill Peter's role as Analytical Manager of the Fund Ratings Group.

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Jan 08
Hamilton Leaves Promontory

Ted Hamilton is no longer with Promontory Interfinancial Network.

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Crane Data News & Features

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Crane's Money Fund University

Make plans soon for Money Fund University, our "basic training" event, which will be held Jan. 23-24, 2020, in Providence, R.I.! Registration is just $500. (We’re also offering buy one get one free tickets to new Crane Data clients, and free tickets to new Money Fund Wisdom users.) Mark your calendars for our next Bond Fund Symposium, March 23-24, 2020, in Boston, our next Money Fund Symposium, June 24-26, 2020, in Minneapolis, and our next European Money Fund Symposium, Sept. 17-18, 2020, in Paris. We’re also currently researching an Asian Money Fund Symposium, so contact us for details. Let us know if you'd like to speak, sponsor or find out more information about any of our upcoming events, and we hope to see you in Providence, Boston, Minneapolis or Paris in 2020!

Money Fund Intelligence International

Let us know if you'd like to see our "offshore" or European money fund products, which track funds domiciled in Ireland, Luxembourg, France and beyond. Our MFI International is a daily e-mailed spreadsheet that tracks yields, assets, WAMs, WLAs and more on hundreds of funds denominated in U.S. dollar, pound sterling, euro and other currencies. We also publish monthly and weekly MFI International MF Portfolio Holdings data, and we're also expanding our collection of longer-term "standard" European money funds and ultra-short bond funds. (Note: These funds are not available to U.S. investors, so this information is not included on the www.cranedata.com website. It's all e-mail or FTP only.)