Morgan Stanley Inst Liq Prime Inst (MPFXX) | 4.33 |
Federated Hermes Inst Prime Obligs IS (POIXX) | 4.32 |
JPMorgan Prime MM Capital (CJPXX) | 4.30 |
Western Asset Prem Inst Liq Res Capital (WAAXX) | 4.30 |
BlackRock Lq TempCash Inst (TMCXX) | 4.30 |
Allspring MMF Prm (WMPXX) | 4.36 |
Invesco Premier Institutional (IPPXX) | 4.34 |
Morgan Stanley IL Liq MMP Wealth (MWMXX) | 4.34 |
UBS Prime Preferred Fund (UPPXX) | 4.33 |
Federated Hermes Prime Cash Oblig WS (PCOXX) | 4.28 |
Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.43 |
Federated Hermes Muni Oblig WS (MOFXX) | 2.06 |
Allspring Nat T-F Prem (WFNXX) | 2.02 |
JPMorgan Tax Free MM Instit (JTFXX) | 2.02 |
Schwab AMT Tax Free MF Ultra (SCTXX) | 1.98 |
BNY and State Street released earnings earlier this week, and both custodial banks discussed money markets, stablecoins and tokenized money markets. BNY says in their Q2 2025 Earnings about "Digital Assets and Stablecoin Developments," "The company was selected as reserve custodian for Societe Generale's first USD stablecoin in Europe in June 2025, and as primary custodian for Ripple's US stablecoin reserves (as announced in July 2025).... Today, BNY is a leader in servicing the growing stablecoin market, enabling companies to create and use stablecoins by providing wide-ranging services from issuance to ongoing operations. Our advancements in the digital assets ecosystem are just one example of continual innovation, but there are many others."
MFI PDF July 2025 Issue |
Largest Money Fund Managers |
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![]() The July 2025 issue of Money Fund Intelligence features: "Money Fund Symposium ’25 Major Issues: Assets, Repo," which discusses highlights from our recent conference in Boston; "MFS Keynote: SSIM’s Yie-Hsin Hung on the Future of Cash," which excerpts from the State Street Inv. Mgmt. CEO’s recent speech; and, “ICI Worldwide: MMFs Rise in Q1’25 to Record $11.8 Tril.," which reviews the latest figures on money fund markets outside the U.S. 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 June 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.
The Wall Street Journal writes on "Why Banks Are on High Alert About Stablecoins." They tell us, "Stablecoins are poised to become a part of the mainstream financial system, and banks are on high alert about how the cryptocurrency could threaten their business. The House voted 308-122 Thursday to ...
Joseph Abate is the new Head of Rates Strategy at SMBC Nikko Securities. He was previously with Barclays.
A press release says, "Kim Lupica Joins Academy Securities as Managing Director, Commercial Paper Trading & Origination." She was previously at Bank of America.
Vanguard is seeking a Taxable Money Market Portfolio Manager in Malvern, Pa.
Thank you to those who attended and supported our recent Money Fund Symposium in Boston! Mark your calendars for next year’s show, which will be in Jersey City, June 24-26, 2026. We’re now gearing up for our 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, mark your calendars for 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 Dublin in September, in Pittsburgh in December or in Boston or Jersey City in 2026!