| JPMorgan Prime MM Capital (CJPXX) | 3.70 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.70 |
| Morgan Stanley Inst Liq Prime Inst (MPFXX) | 3.70 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.69 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.66 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.72 |
| Invesco Premier Institutional (IPPXX) | 3.69 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.69 |
| Allspring MMF Prm (WMPXX) | 3.69 |
| Federated Hermes Prime Cash Oblig WS (PCOXX) | 3.67 |
| Federated Hermes Muni Oblig WS (MOFXX) | 2.50 |
| Allspring Nat T-F Prem (WFNXX) | 2.41 |
| Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.39 |
| Fidelity Inv MM: Tax Exempt I (FTCXX) | 2.35 |
| Schwab Municipal MF Ultra (SWOXX) | 1.97 |
State Street reported its Q2'26 earnings late last week, and the earnings call contained some discussions of tokenization of money funds, cash and stablecoin reserves. CEO Ronald O'Hanley says, "Record NII [drove] total quarterly revenue up 17% year over year to an all-time high.... Our digital asset platform is always on financial infrastructure that will enable clients to rapidly bridge from traditional to digital finance and we continue to make strong progress in advancing this strategy. In 2Q, we announced our intention to deliver a tokenized fund servicing capability by year end, subject to regulatory approval. Following a competitive process, a leading European asset manager selected State Street to serve as tokenized money market funds expected to launch later this year."
MFI PDF July 2026 Issue |
Largest Money Fund Managers |
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The July 2026 issue of Money Fund Intelligence features: “AFP ’26 Liquidity Survey Says Deposits, MMFs, T-Bills Rule,” which reviews a recent study on corporate cash allocations; “Money Fund Symposium ’26 KeyNote: JPMAM’s Chris Tufts,” which covers highlights from our recent conference in Jersey City; and, “ICI: Worldwide MMFs Record $13.5T in Q1’26; China Jumps,” which covers global MMF trends and country rankings. 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, 2026. (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, "Meeder Government Money Market Fund Receives AAAmmf Rating from Fitch Ratings," tells us, "Meeder Investment Management announced ... that the Meeder Government Money Market Fund has received a AAAmmf rating from Fitch Ratings, the highest rating Fitch assigns to money market funds. The rating further strengthens the ...
Linda Klingman, Schwab Asset Management's Head of Money Market Strategies, will retire Sept. 4. Senior Portfolio Manager Lynn Paschen will become Head of Money Market Strategies. Best wishes and thanks to Linda for her more than 35 years of service!
Allen Hoppe is retiring from the City of Minneapolis. Dave Wheeler will take over as Senior Manager. We wish Allen all the best in retirement!
Cory Ryan joined Barclays to head NY Sales. He was previously with Jefferies. Meanwhile London-based Steve Collins is no longer with Barclays.
Thanks to those who attended and supported our Money Fund Symposium in Jersey City! Mark your calendars for next year's event, which will be June 23-25, 2027, in Philadelphia. Please join us for our European Money Fund Symposium, which is Sept. 24-25 in Paris. We're making plans too for our Money Fund University, which is Dec. 17-18 in Greenwich, Conn., and for our next Bond Fund Symposium, which is March 22-23, 2027 in Philadelphia. 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 Paris or Greenwich in 2026 or in Philadelphia in 2027!