ICI: Assets Fall to $7.9 Tril.
The Investment Company Institute's latest weekly "Money Market Fund Assets" report shows money fund assets falling $40.5 billion to $7.923 trillion. Assets increased $72.3 billion the previous week and decreased $45.4 billion the week before this. Assets saw a record high of $7.979 trillion six weeks ago. MMF assets are up by $556 billion, or 7.5%, over the past 52 weeks (through 10/14/26), with Institutional MMFs up $422 billion, or 9.6% and Retail MMFs up $134 billion, or 4.5%. Year-to-date in 2026, MMF assets are up by $190 billion, or 2.5%, with Institutional MMFs up $148 billion, or 3.2% and Retail MMFs up $42 billion, or 1.4%. ICI's weekly release says, "Total money market fund assets decreased by $40.46 billion to $7.92 trillion for the week ended Wednesday, October 14, the Investment Company Institute reported.... Among taxable money market funds, government funds decreased by $40.80 billion and prime funds decreased by $4.29 billion. Tax-exempt money market funds increased by $4.63 billion." ICI's stats show Institutional MMFs decreasing $39.4 billion and Retail MMFs decreasing $1.1 billion in the latest week. Total Government MMF assets, including Treasury funds, were $6.520 trillion (82.3% of all money funds), while Total Prime MMFs were $1.235 trillion (15.6%). Tax Exempt MMFs totaled $167.6 billion (2.1%). It explains, "Assets of retail money market funds decreased by $1.08 billion to $3.12 trillion. Among retail funds, government money market fund assets decreased by $3.36 billion to $1.98 trillion, prime money market fund assets decreased by $1.21 billion to $986.30 billion, and tax-exempt fund assets increased by $3.49 billion to $150.79 billion." Retail assets account for 39.4% of the total, and Government Retail assets make up 63.5% of all Retail MMFs. They add, "Assets of institutional money market funds decreased by $39.38 billion to $4.80 trillion. Among institutional funds, government money market fund assets decreased by $37.44 billion to $4.54 trillion, prime money market fund assets decreased by $3.09 billion to $249.18 billion, and tax-exempt fund assets increased by $1.15 billion to $16.83 billion." Institutional assets accounted for 60.6% of all MMF assets, with Government Institutional assets making up 94.5% of all institutional MMF totals. According to Crane Data's separate Money Fund Intelligence Daily series, money fund assets have increased by $42.8 billion to $8.336 trillion month-to-date in October (as of 10/14), assets reached an all-time high of $8.404 trillion on July 6. Assets decreased $48.0 billion in September, increased $52.8 billion in August, decreased $61.4 billion in July, increased $58.6 billion in June, $208.6 billion in May, decreased by $108.8 billion in April, $49.3 billion in March, increased $99.5 billion in February, $32.9 billion in January, $126.3 billion in December, $132.8 billion in November and $142.1 billion last October. Note that ICI's asset totals don't include a number of funds tracked by the SEC and Crane Data, so they're almost $400 billion lower than Crane's asset series.
