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Public Information - Released May 29, 2024
Division of Investment Management
Analytics Office
Money Market Fund Statistics
Form N-MFP Data, period ending April 2024
Filings Received through May 15, 2024
This is a report of the Staff of the Division of Investment Management’s Analytics Office of the
U.S. Securities and Exchange Commission. The Commission has expressed no view regarding the
analysis, findings, or conclusions contained herein.
Information presented in this report reflects staff’s compilation and analysis of data reported to
the Commission on Form N-MFP for the reference period and certain other filings (Form N-CEN,
Form N-CSR, or the fund’s prospectus). The presented information does not reflect any filings or
amended filings submitted after May 15, 2024. Staff works with the reported information and
with filers to correct possible reporting errors and may update reported information to correct
what appear to be clear filer errors. Corrected data from amended filings may be published in a
corrected report or in the next regular report, as determined by staff.
If you have any questions or comments about this report, please contact Isaac Kuznits
(kuznitsi@sec.gov) or Michelle Trillhaase (trillhaasem@sec.gov) or Susan Zhang
(zhangshu@sec.gov) in the Division of Investment Management’s Analytics Office with the
subject line “Money Market Fund Statistics.”
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table 1: Number of Money Market Funds Reporting
Fund totals do not include feeder funds. See Figure 1 for more details.
Category
Prime
Tax Exempt
Government &
Treasury
Total
Fund Type
Subtotal
Institutional Public
Institutional Nonpublic
Retail
Subtotal
Institutional
Retail
Subtotal
Government
Treasury
Total
2024-04
57
29
8
20
45
8
37
186
134
52
288
Change
↓1
↓1
↓1
2024-03
58
29
9
20
45
8
37
186
134
52
289
Table 2: Money Market Fund Net Assets ($ Billions)1
See Figure 2 for more details.
Category
Prime
Tax Exempt
Government &
Treasury
Total
Fund Type
Subtotal
Institutional Public
Institutional Nonpublic
Retail
Subtotal
Institutional
Retail
Subtotal
Government
Treasury
Total
2024-04
1,384.6
321.6
316.9
746.1
131.3
14.5
116.8
4,923.2
3,237.6
1,685.6
6,439.1
Change
↓30.0
↓6.2
↓21.4
↓2.4
↑3.0
↑0.3
↑2.7
↑9.3
↑12.0
↓2.7
↓17.7
2024-03
1,414.6
327.8
338.3
748.5
128.3
14.2
114.1
4,913.9
3,225.6
1,688.3
6,456.8
1
Some calculations in the change column in the tables in this report may not total as expected due to rounding. Terms
used in this report are defined in Appendix II, Key Definitions.
Page 1 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table 3: Asset-Weighted Seven-Day Gross Yield (Percent)
See Figure 3 for more details.
Category
Prime
Tax Exempt
Government & Treasury
Fund Type
Institutional
Retail
Institutional
Retail
Government
Treasury
2024-04
5.43
5.49
3.62
3.69
5.37
5.36
Change
↓0.01
↓0.01
↓0.17
↑0.05
↓0.01
↓0.01
2024-03
5.44
5.50
3.79
3.64
5.38
5.37
Table 4: Asset-Weighted Seven-Day Net Yield (Percent)
See Figure 4 for more details.
Category
Prime
Tax Exempt
Government & Treasury
Fund Type
Institutional
Retail
Institutional
Retail
Government
Treasury
2024-04
5.36
5.22
3.50
3.45
5.13
5.14
Change
↓0.02
↓0.01
↓0.11
↑0.07
↓0.01
↓0.01
2024-03
5.38
5.23
3.61
3.38
5.14
5.15
Table 5: Weighted Average Life (Days)
See Figure 5 for more details.
Category
Prime
Tax Exempt
Government & Treasury
Fund Type
Institutional
Retail
Institutional
Retail
Government
Treasury
2024-04
44.8
48.0
6.6
24.9
85.0
78.7
Change
↓4.5
↓1.8
↓0.8
↓0.5
↓2.1
↓2.1
2024-03
49.3
49.8
7.4
25.4
87.1
80.8
Page 2 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table 6: Weighted Average Maturity (Days)
See Figure 6 for more details.
Category
Prime
Tax Exempt
Government & Treasury
Fund Type
Institutional
Retail
Institutional
Retail
Government
Treasury
2024-04
27.6
31.7
6.6
24.3
34.5
40.4
Change
↓5.2
↓4.0
↓0.9
↓0.4
↓3.2
↓3.4
2024-03
32.8
35.7
7.5
24.7
37.7
43.8
Table 7: Ratio of Daily Liquid Assets to Total Assets
(Percent)
See Figure 7 for more details.
Category
Prime
Government & Treasury
Fund Type
Institutional
Retail
Government
Treasury
2024-04
61.6
45.8
67.1
94.4
Change
↑3.9
↑3.8
↑0.0
↑0.4
2024-03
57.7
42.0
67.1
94.0
Table 8: Ratio of Weekly Liquid Assets to Total Assets
(Percent)
See Figure 8 for more details.
Category
Prime
Tax Exempt
Government & Treasury
Fund Type
Institutional
Retail
Institutional
Retail
Government
Treasury
2024-04
74.4
60.3
94.2
74.3
80.9
99.2
Change
↑2.2
↑0.2
↑0.6
↓2.4
↑0.1
↑0.9
2024-03
72.2
60.1
93.6
76.7
80.8
98.3
Page 3 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table 9: Prime Holdings of Bank-Related Securities by
Country ($ Billions)
See Figure 9 for more details.
Country
US
Canada
Japan
France
UK
Netherlands
Germany
Aust/NZ
Switzerland
2024-04
176.3
145.8
126.2
107.8
51.5
44.6
36.3
29.1
7.8
Change
↓5.2
↓36.4
↑3.4
↑9.6
↓2.1
↓9.3
↑1.3
↑1.8
↑0.6
2024-03
181.5
182.2
122.8
98.2
53.6
53.9
35.0
27.3
7.2
Table 10: Prime Holdings of Bank-Related Securities by
Region ($ Billions)
See Figure 10 for more details.
Country
Americas
Eurozone
Asia-Pacific
Europe (non-Euro)
2024-04
322.1
208.0
178.1
131.2
Change
↓41.6
↑5.4
↑1.1
↑13.2
2024-03
363.7
202.6
177.0
118.0
Table 11: Prime Money Market Fund Aggregate Product
Exposures ($ Billions)
See Figure 11 for more details.
Asset Type
Gov. and Treas.
CDs and Time Deposits
Financial Co. CP
Non-Financial Co. CP and Other
Asset-Backed
Total
2024-04
620.1
358.2
179.1
147.4
72.4
1,377.2
Change
↓16.3
↑15.0
↓18.6
↓0.4
↓5.6
↓25.9
2024-03
636.4
343.2
197.7
147.8
78.0
1,403.1
Page 4 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table 12: Government & Treasury Funds Bank Repo
Counterparties by Country ($ Billions)
See Figure 12 for more details.
Month
US
Canada
France
UK
Germany
Japan
Other
Total
2024-04
454.4
176.5
198.4
138.1
22.6
143.1
45.1
1,178.2
Change
↑64.2
↓32.4
↑25.7
↑41.2
↑8.2
↑1.9
↑6.6
↑115.4
2024-03
390.2
208.9
172.7
96.9
14.4
141.2
38.5
1,062.8
Table 13: Money Market Fund Repurchase Agreements with
the Federal Reserve ($ Billions)
See Figure 13 for more details.
Total
2024-04
508.7
Change
↓29.1
2024-03
537.8
Table 14: Securities with more than 179 Days to Maturity
(Percent)
See Figure 14 for more details.
Category
Prime
Tax Exempt
Government & Treasury
Fund Type
Institutional
Retail
Institutional
Retail
Government
Treasury
2024-04
5.8
6.0
3.3
16.4
13.4
Change
↓0.4
↑0.2
↑0.0
↑0.1
↑1.3
↑1.2
2024-03
6.2
5.8
3.2
15.1
12.2
Page 5 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 1: Number of Money Market Funds
See Table A1 for more details.
Number of Money Market Funds
250
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
200
150
100
50
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 6 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 2: Money Market Fund Net Assets ($ Billions)
See Table A2 for more details.
3,500
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
2,500
2,000
1,500
1,000
500
0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
Net Assets ($Billions)
3,000
Page 7 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 3: Weighted 7-Day Gross Yields
See Table A3 for more details.
Asset-Weighted Seven-Day Gross Yield (%)
6.0
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
5.0
4.0
3.0
2.0
1.0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0.0
Page 8 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 4: Weighted 7-Day Net Yields
See Table A4 for more details.
Asset-Weighted Seven-Day Net Yield (%)
6.0
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
5.0
4.0
3.0
2.0
1.0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0.0
Page 9 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 5: Weighted Average Life (Days)
See Table A5 for more details.
120
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
Weighted Average Life (Days)
100
80
60
40
20
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 10 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 6: Weighted Average Maturity (Days)
See Table A6 for more details.
Weighted Average Maturity (Days)
60
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
50
40
30
20
10
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 11 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 7: Daily Liquid Assets to Total Assets (Percent)
See Table A7 for more details.
100
Prime Institutional
Prime Retail
Government
Treasury
Ratio of Daily Liquid Assets
to Total Assets (%)
80
60
40
20
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 12 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 8: Weekly Liquid Assets to Total Assets (Percent)
See Table A8 for more details.
Ratio of Weekly Liquid Assets
to Total Assets (%)
100
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
80
60
40
20
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 13 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 9: Prime Holdings of Bank-Related Securities
by Country
See Table A9 for more details.
100
Percent of Total Prime Holdings in Bank-Related Securities (%) - Left
US
France
Canada
UK
Japan
Netherlands
Total Prime Holdings in Bank-Related Securities ($Billions) - Right
Total
Germany
Aust/NZ
Switzerland
800
700
80
600
500
60
400
40
300
200
20
100
0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 14 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 10: Prime Holdings of Bank-Related Securities
by Region
See Table A10 for more details.
100
Percent of Total Prime Holdings in Bank-Related Securities (%) - Left
Americas
Asia-Pacific
Eurozone
Europe (non-Euro)
Total Prime Holdings in Bank-Related Securities ($Billions) - Right
Total
900
800
80
700
600
60
500
400
40
300
200
20
100
0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 15 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 11: Prime Money Market Fund Aggregate Product
Exposures
See Table A11 for more details.
100
Percent of Total Aggregate Product Exposure (%) - Left
Gov. and Treas.
Non-Financial Co. CP and Other
CDs and Time Deposits
Asset-Backed
Financial Co. CP
Total Aggregate Product Exposure (Billions) - Right
Total
1,400
80
1,200
1,000
60
800
40
600
400
20
200
0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 16 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 12: Government & Treasury Funds Bank Repo
Counterparties by Country
See Table A12 for more details.
100
Percent of Total Aggregate Government and Treasury Bank Repo (%) - Left
US
UK
Japan
Canada
Germany
Other
France
Total Aggregate Government and Treasury Bank Repo ($Billions) - Right
Total
2,000
1,750
80
1,500
1,250
60
1,000
40
750
500
20
250
0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 17 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 13: Money Market Fund Repurchase Agreements
with the Federal Reserve ($ Billions)
2,500
See Table A13 for more details.
1,500
1,000
500
0
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
Repurchase Agreements with
the Federal Reserve$
2,000
Page 18 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Figure 14: Securities with more than 179 Days to Maturity
(Percent)
See Table A14 for more details.
20
Prime Inst.
Tax Exempt Inst.
Prime Retail
Tax Exempt Retail
Government
Treasury
Securities with more than 179 Days
to Maturity (%)
18
15
12
10
8
5
2
20
2
20 0-06
2
20 0-08
2
20 0-10
2
20 0-12
2
20 1-02
2
20 1-04
2
20 1-06
2
20 1-08
2
20 1-10
2
20 1-12
2
20 2-02
2
20 2-04
2
20 2-06
2
20 2-08
2
20 2-10
2
20 2-12
2
20 3-02
2
20 3-04
2
20 3-06
2
20 3-08
2
20 3-10
2
20 3-12
2
20 4-02
24
-04
0
Page 19 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
I
Supporting Data
Table A1: Number of Money Market Funds Reporting
Fund totals do not include feeder funds.
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
50
50
50
50
48
46
46
46
45
44
44
43
43
42
41
41
41
41
41
42
42
42
42
42
42
42
42
42
42
42
42
40
40
40
40
40
40
40
40
40
40
40
40
39
39
39
39
38
37
Prime
Retail
30
29
29
29
29
28
28
28
28
27
27
27
27
23
23
23
23
23
23
23
22
22
22
21
21
21
21
21
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
Tax Exempt
Institutional
14
14
14
14
14
14
14
14
14
14
14
13
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
11
10
8
8
Tax Exempt
Retail
66
66
66
66
66
65
64
63
61
61
60
55
55
53
53
53
51
49
49
49
49
49
49
48
48
48
48
48
48
48
44
44
44
44
39
39
39
38
38
38
38
38
36
36
36
36
37
37
37
Government
145
145
144
144
144
144
144
143
143
142
142
141
142
140
140
139
139
139
139
139
138
138
138
137
137
136
135
134
133
133
133
133
132
132
132
133
133
133
133
133
133
132
132
133
134
134
134
134
134
Treasury
56
56
56
56
56
55
55
54
53
53
52
51
51
50
50
50
50
50
50
49
49
49
49
49
49
49
49
49
49
49
49
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
51
52
52
Total
361
360
359
359
357
352
351
348
344
341
339
330
330
320
319
318
316
314
314
314
312
312
312
309
309
308
307
306
304
304
300
299
298
298
293
294
294
293
293
293
293
292
290
290
291
290
291
289
288
Page 20 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A2: Money Market Fund Net Assets ($ Billions)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
651.2
686.8
706.9
701.6
704.7
691.2
667.0
669.4
636.7
680.6
661.6
677.5
686.2
682.4
668.2
653.3
651.0
658.0
650.0
632.6
612.6
627.2
626.7
659.0
651.0
649.8
640.7
672.9
684.9
668.1
673.5
668.2
629.7
667.2
660.4
644.5
670.8
660.0
651.0
659.9
651.4
643.9
631.2
645.0
630.8
659.1
674.0
666.0
638.5
Prime
Retail
438.8
453.8
455.0
443.9
433.7
301.6
295.0
286.8
276.8
269.3
259.1
250.4
243.0
232.2
226.5
222.0
216.2
211.9
207.8
204.2
203.8
199.8
197.6
194.8
191.0
201.8
219.3
243.8
275.2
307.7
339.1
372.3
421.3
470.1
512.2
505.8
515.6
540.1
560.1
580.1
607.2
628.9
655.6
674.2
689.6
713.8
732.5
748.5
746.1
Tax Exempt
Institutional
17.5
19.6
19.2
18.5
20.0
17.1
17.8
17.6
18.2
20.8
18.9
18.6
18.0
18.1
20.7
19.8
20.3
18.2
18.3
17.5
15.8
16.2
16.2
15.0
14.8
16.3
16.7
15.2
18.3
15.1
16.4
15.8
15.0
15.3
15.3
14.7
13.4
14.4
15.5
15.5
15.5
15.5
18.1
16.1
16.5
16.6
14.3
14.2
14.5
Tax Exempt
Retail
123.6
120.6
117.4
110.7
108.6
104.0
101.8
98.8
95.6
94.0
91.3
89.6
86.8
83.4
81.6
80.7
80.4
79.4
78.2
77.7
78.4
77.4
76.6
79.7
85.4
91.5
94.8
88.9
92.9
91.7
102.2
100.2
104.0
103.9
104.5
103.8
99.7
104.2
106.8
103.6
107.1
107.9
112.6
114.1
114.8
110.2
111.8
114.1
116.8
Government
2,651.7
2,655.8
2,561.4
2,522.6
2,507.7
2,593.9
2,568.7
2,585.8
2,591.0
2,581.3
2,632.9
2,713.5
2,748.8
2,816.4
2,789.5
2,787.1
2,836.0
2,839.4
2,857.8
2,889.5
2,988.0
2,916.1
2,913.6
2,932.6
2,870.0
2,855.1
2,843.7
2,847.7
2,817.7
2,798.6
2,775.3
2,771.2
2,776.9
2,739.4
2,748.4
2,961.0
2,977.9
3,122.5
3,104.0
3,095.5
3,160.2
3,176.9
3,121.5
3,256.7
3,259.7
3,285.4
3,300.3
3,225.6
3,237.6
Treasury
1,317.4
1,294.9
1,244.0
1,240.3
1,205.9
1,155.0
1,138.8
1,149.4
1,163.4
1,171.1
1,183.8
1,244.1
1,257.2
1,279.9
1,239.0
1,222.7
1,206.6
1,223.6
1,226.2
1,270.5
1,316.4
1,253.1
1,229.8
1,219.5
1,225.0
1,203.2
1,229.0
1,233.2
1,216.1
1,214.4
1,224.9
1,252.1
1,287.7
1,292.0
1,299.1
1,474.4
1,476.8
1,469.6
1,493.0
1,504.6
1,532.1
1,580.0
1,573.0
1,631.5
1,660.2
1,674.2
1,692.4
1,688.3
1,685.6
Total
5,200.2
5,231.5
5,103.9
5,037.6
4,980.6
4,862.8
4,789.1
4,807.8
4,781.7
4,817.1
4,847.6
4,993.7
5,040.0
5,112.4
5,025.5
4,985.6
5,010.5
5,030.5
5,038.3
5,092.0
5,215.0
5,089.8
5,060.5
5,100.6
5,037.2
5,017.7
5,044.2
5,101.7
5,105.1
5,095.6
5,131.4
5,179.8
5,234.6
5,287.9
5,339.9
5,704.2
5,754.2
5,910.8
5,930.4
5,959.2
6,073.5
6,153.1
6,112.0
6,337.6
6,371.6
6,459.3
6,525.3
6,456.7
6,439.1
Page 21 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A3: Asset-Weighted Seven-Day Gross Yield (Percent)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
0.59
0.40
0.33
0.27
0.22
0.20
0.17
0.16
0.16
0.15
0.13
0.12
0.10
0.09
0.09
0.10
0.10
0.09
0.09
0.10
0.12
0.12
0.14
0.36
0.44
0.88
1.49
1.86
2.34
2.97
3.20
3.97
4.42
4.50
4.72
4.93
4.96
5.18
5.22
5.35
5.46
5.48
5.50
5.50
5.50
5.49
5.45
5.44
5.43
Prime
Retail
0.85
0.53
0.42
0.31
0.25
0.24
0.21
0.20
0.21
0.20
0.18
0.17
0.16
0.15
0.15
0.14
0.14
0.14
0.15
0.15
0.16
0.18
0.20
0.42
0.50
0.96
1.63
2.08
2.52
3.19
3.34
4.11
4.58
4.60
4.79
5.01
5.02
5.25
5.28
5.43
5.53
5.55
5.56
5.57
5.59
5.55
5.52
5.50
5.49
Tax Exempt
Institutional
0.30
0.21
0.21
0.23
0.12
0.17
0.16
0.15
0.14
0.07
0.07
0.09
0.09
0.07
0.06
0.05
0.04
0.06
0.07
0.06
0.11
0.09
0.17
0.46
0.44
0.76
0.88
1.25
1.46
2.21
2.05
1.57
3.57
1.55
3.15
4.05
3.55
3.54
4.06
3.99
4.32
4.27
4.05
3.41
4.14
4.30
3.24
3.79
3.62
Tax Exempt
Retail
0.51
0.42
0.33
0.33
0.22
0.23
0.22
0.20
0.18
0.14
0.12
0.13
0.13
0.12
0.09
0.08
0.07
0.08
0.10
0.10
0.14
0.10
0.23
0.50
0.49
0.82
0.98
1.15
1.64
2.15
2.23
1.90
3.55
1.84
3.31
4.00
3.45
3.42
3.91
3.72
4.14
4.00
3.93
3.45
4.04
4.24
3.30
3.64
3.69
Government
0.39
0.29
0.26
0.23
0.19
0.17
0.16
0.14
0.14
0.12
0.10
0.08
0.07
0.05
0.09
0.07
0.07
0.07
0.07
0.07
0.07
0.09
0.11
0.33
0.40
0.83
1.46
1.88
2.23
2.91
3.07
3.77
4.27
4.36
4.61
4.87
4.90
5.15
5.16
5.32
5.39
5.40
5.42
5.42
5.42
5.39
5.38
5.38
5.37
Treasury
0.37
0.28
0.26
0.24
0.20
0.17
0.16
0.14
0.13
0.12
0.09
0.07
0.06
0.04
0.06
0.06
0.06
0.06
0.06
0.06
0.07
0.09
0.14
0.34
0.46
0.81
1.34
1.82
2.20
2.81
3.15
3.78
4.18
4.38
4.61
4.74
4.74
5.09
5.17
5.31
5.39
5.40
5.43
5.43
5.40
5.38
5.37
5.37
5.36
Page 22 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A4: Asset-Weighted Seven-Day Net Yield (Percent)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
0.53
0.33
0.26
0.19
0.15
0.13
0.10
0.10
0.11
0.10
0.08
0.07
0.06
0.05
0.05
0.05
0.06
0.06
0.06
0.06
0.08
0.08
0.10
0.31
0.40
0.83
1.44
1.78
2.29
2.92
3.15
3.91
4.35
4.44
4.65
4.86
4.89
5.12
5.16
5.29
5.40
5.41
5.43
5.44
5.43
5.41
5.39
5.38
5.36
Prime
Retail
0.58
0.28
0.19
0.09
0.06
0.04
0.03
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.14
0.21
0.65
1.33
1.72
2.23
2.91
3.07
3.83
4.31
4.33
4.53
4.74
4.75
4.99
5.01
5.17
5.26
5.28
5.30
5.30
5.32
5.28
5.25
5.23
5.22
Tax Exempt
Institutional
0.16
0.08
0.09
0.11
0.04
0.07
0.07
0.07
0.06
0.02
0.02
0.04
0.03
0.03
0.02
0.02
0.02
0.02
0.03
0.03
0.05
0.04
0.08
0.37
0.34
0.66
0.78
1.08
1.36
2.11
1.94
1.47
3.46
1.44
3.04
3.93
3.43
3.42
3.94
3.88
4.21
4.15
3.93
3.31
4.03
4.19
3.14
3.61
3.50
Tax Exempt
Retail
0.25
0.16
0.10
0.10
0.03
0.04
0.03
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.03
0.24
0.24
0.56
0.73
0.84
1.38
1.90
1.98
1.66
3.30
1.59
3.06
3.75
3.20
3.17
3.67
3.47
3.89
3.76
3.69
3.21
3.80
4.00
3.05
3.38
3.45
Government
0.17
0.09
0.07
0.06
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.14
0.19
0.59
1.22
1.61
2.00
2.68
2.83
3.53
4.03
4.10
4.34
4.63
4.66
4.92
4.93
5.08
5.15
5.16
5.17
5.18
5.18
5.15
5.13
5.14
5.13
Treasury
0.17
0.09
0.07
0.06
0.03
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.14
0.25
0.59
1.12
1.59
1.99
2.59
2.94
3.56
3.97
4.15
4.39
4.53
4.52
4.87
4.95
5.09
5.17
5.19
5.21
5.21
5.20
5.16
5.15
5.15
5.14
Page 23 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A5: Weighted Average Life (Days)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
58.0
57.2
57.6
62.8
59.2
58.5
60.4
56.6
57.5
62.4
62.7
58.2
58.2
57.2
54.0
54.2
52.2
50.3
54.0
51.7
54.0
48.4
44.6
44.8
43.7
43.0
44.0
43.5
39.0
37.9
35.0
40.5
38.9
37.8
38.2
39.9
44.1
44.9
46.9
44.2
43.8
43.5
43.9
48.2
49.0
48.4
49.3
49.3
44.8
Prime
Retail
60.6
60.0
62.0
67.8
66.4
56.8
59.3
53.2
51.5
48.8
51.5
51.3
48.6
50.1
48.2
48.9
52.8
52.6
60.0
56.0
51.6
46.5
45.6
42.6
43.7
48.1
48.3
48.6
48.8
51.0
48.8
47.1
41.3
39.4
39.0
38.3
37.6
38.3
39.7
38.9
47.0
46.4
47.2
50.9
47.3
44.5
48.0
49.8
48.0
Tax Exempt
Institutional
13.4
15.9
17.7
16.8
15.5
18.4
18.2
16.6
16.6
14.9
15.5
14.3
12.8
13.7
15.8
17.2
17.0
16.6
15.3
13.4
13.9
13.9
11.7
11.9
9.8
7.6
9.2
9.6
8.8
10.0
8.6
9.2
9.5
10.4
9.5
10.0
9.5
10.3
10.4
9.5
8.4
9.3
7.4
6.9
7.3
6.4
6.3
7.4
6.6
Tax Exempt
Retail
31.2
30.6
32.9
33.4
35.6
34.4
32.3
29.0
27.6
26.9
26.4
26.2
22.8
22.6
25.6
25.5
25.9
26.7
27.0
25.0
24.2
21.4
20.2
19.8
17.4
16.1
16.7
16.9
17.1
17.9
15.9
16.8
16.2
15.8
15.6
16.3
15.3
16.8
21.2
20.8
22.6
25.5
26.4
26.1
25.4
25.9
25.3
25.4
24.9
Government
100.1
102.3
102.9
101.7
99.7
100.9
101.1
99.0
102.8
99.6
96.4
92.1
88.6
82.9
82.4
82.3
79.7
76.8
80.1
80.6
78.3
76.7
73.6
74.7
72.4
71.2
68.7
68.3
63.8
63.0
61.4
61.5
59.6
60.5
60.4
65.8
64.0
66.0
67.5
67.6
68.1
71.4
76.9
80.6
83.1
84.4
88.1
87.1
85.0
Treasury
96.4
98.0
97.1
96.9
97.1
101.2
97.8
97.8
101.2
97.7
99.8
95.4
91.1
85.0
89.1
90.7
90.9
89.0
87.7
86.7
83.8
78.1
76.8
80.7
75.7
79.1
74.6
70.9
66.6
63.6
59.6
59.8
59.1
56.7
53.5
47.9
48.5
56.2
56.6
55.2
58.1
59.7
67.0
73.2
77.4
80.4
81.9
80.8
78.7
Page 24 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A6: Weighted Average Maturity (Days)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
40.8
43.2
40.4
42.6
40.0
40.1
41.7
39.4
40.6
44.7
43.4
39.9
41.2
40.2
36.8
37.4
34.4
33.6
37.8
35.8
36.1
29.8
23.4
21.8
20.6
20.3
20.5
21.4
16.8
14.8
11.8
17.2
17.3
16.4
17.8
17.7
19.8
20.3
23.0
20.9
22.1
25.0
26.3
32.9
33.4
31.7
31.9
32.8
27.6
Prime
Retail
42.6
47.6
46.1
48.3
47.7
49.2
51.1
45.5
44.3
42.5
44.7
44.4
41.1
39.6
37.8
40.1
43.3
42.5
50.6
47.6
43.7
36.4
27.3
22.7
19.2
15.2
15.4
17.8
14.1
12.6
9.3
12.7
14.5
15.4
17.8
17.1
16.3
17.3
21.6
21.1
25.3
27.4
30.9
35.6
33.9
29.6
33.2
35.7
31.7
Tax Exempt
Institutional
12.9
15.4
17.2
16.0
15.0
17.6
17.7
15.8
15.7
14.3
15.0
13.5
12.4
13.6
15.4
17.0
16.6
16.2
15.1
13.0
13.8
13.5
11.2
11.8
9.7
7.5
9.0
9.6
8.5
10.0
8.3
8.6
9.2
10.3
9.3
9.9
9.4
10.3
9.9
9.0
8.4
9.1
7.3
6.9
7.2
6.4
6.3
7.5
6.6
Tax Exempt
Retail
28.9
28.4
30.6
31.2
33.8
32.9
30.9
27.5
26.2
25.4
25.6
25.1
21.9
21.7
24.3
24.9
25.0
26.1
26.3
24.1
23.7
20.4
19.1
19.1
16.5
15.3
16.2
16.4
16.1
17.3
15.1
16.0
15.9
15.3
14.6
15.6
14.7
15.8
20.3
19.6
21.8
24.8
25.1
25.0
24.5
25.1
24.5
24.7
24.3
Government
36.0
40.3
41.3
41.2
39.9
43.0
44.4
43.5
48.1
47.4
45.4
43.2
40.7
35.7
35.3
35.3
33.6
30.5
34.6
34.6
33.6
30.3
26.6
27.0
26.0
25.7
24.6
22.8
18.3
15.9
12.6
12.0
10.9
9.0
10.5
15.3
18.4
20.6
24.4
25.0
24.8
27.3
28.9
33.1
36.5
35.3
38.6
37.7
34.5
Treasury
46.3
47.1
45.8
46.0
46.7
48.4
46.9
48.0
50.5
48.3
48.8
46.5
43.7
39.2
40.9
41.5
41.1
39.8
39.0
41.0
40.0
33.4
33.4
37.3
35.1
35.7
33.7
31.3
26.7
25.9
23.0
22.3
22.9
20.4
18.8
17.2
14.6
21.8
23.1
21.9
23.4
25.0
31.0
36.7
41.6
44.2
45.8
43.8
40.4
Page 25 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A7: Ratio of Daily Liquid Assets to Total Assets
(Percent)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
47.6
50.0
50.3
49.6
51.2
53.1
53.6
55.1
54.8
51.6
51.2
51.6
50.8
52.2
53.8
51.4
53.5
54.2
50.6
50.4
52.7
53.5
53.9
52.7
52.1
51.5
52.3
51.1
52.7
52.4
54.0
49.7
52.4
53.0
53.8
54.9
51.7
52.2
51.4
52.4
53.1
50.5
51.0
51.0
53.3
53.8
56.6
57.7
61.6
Prime
Retail
37.9
42.1
43.6
41.7
46.3
42.0
37.2
39.3
36.0
34.1
31.4
33.7
30.9
35.3
41.4
36.4
34.1
35.3
25.7
28.4
32.5
28.9
29.1
35.0
33.0
36.7
39.8
38.6
42.1
41.8
39.8
40.4
47.7
45.8
47.8
50.5
46.2
48.4
45.2
42.8
43.3
42.5
42.2
40.7
41.8
43.8
41.6
42.0
45.8
Government
54.0
58.3
61.9
61.8
63.4
64.5
63.4
65.9
65.6
65.5
65.8
69.2
70.1
71.9
73.8
72.8
73.9
75.3
75.8
77.4
78.7
80.0
80.1
80.4
80.1
80.0
81.6
80.8
81.1
80.3
78.1
76.1
76.2
74.5
74.4
68.8
68.8
68.2
71.0
71.4
71.2
69.8
69.8
69.1
69.3
69.6
68.0
67.1
67.1
Treasury
96.0
95.6
97.1
96.5
96.4
95.9
94.8
95.3
95.3
94.2
94.0
95.4
95.5
96.4
96.6
95.3
96.2
96.9
96.4
97.0
97.0
97.2
97.9
97.7
97.2
98.5
98.6
97.9
98.6
99.1
98.6
98.8
98.7
98.8
98.8
98.9
97.7
95.9
97.8
97.2
97.4
97.2
96.9
96.0
95.5
95.6
94.9
94.0
94.4
Page 26 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A8: Ratio of Weekly Liquid Assets to Total Assets
(Percent)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
60.0
62.2
62.6
61.0
62.8
65.6
65.6
67.0
67.3
65.0
63.3
62.6
63.2
64.7
64.5
63.8
63.0
63.2
63.6
61.4
62.9
65.2
66.6
66.6
69.5
65.1
65.9
66.1
66.0
68.2
70.3
64.0
66.3
69.4
68.2
67.9
67.2
65.4
67.5
67.2
66.6
66.7
67.1
65.1
65.1
67.8
70.0
72.2
74.4
Prime
Retail
48.5
50.5
51.6
51.4
58.6
51.0
49.2
50.4
45.5
46.2
46.6
44.0
44.2
47.2
54.0
50.8
48.6
48.5
43.3
43.6
45.3
44.2
44.7
50.1
50.8
49.3
52.3
53.8
53.3
52.6
53.8
53.0
56.8
59.9
60.2
61.5
63.7
63.3
61.4
62.2
60.9
60.1
59.7
58.4
57.2
59.1
60.4
60.1
60.3
Tax Exempt
Institutional
87.2
87.5
86.5
87.4
87.0
88.1
88.4
90.3
89.4
88.2
85.8
83.5
87.1
86.9
88.1
85.9
87.0
82.6
88.0
88.9
87.4
82.7
88.3
86.0
88.1
89.8
92.2
86.3
93.2
91.3
92.2
92.4
91.6
88.8
91.6
77.5
89.2
90.6
91.2
91.5
92.6
93.9
94.2
94.8
95.5
93.5
95.2
93.6
94.2
Tax Exempt
Retail
70.3
71.0
73.2
73.0
74.6
74.7
75.0
76.6
77.1
76.3
76.3
69.0
78.2
77.6
79.4
79.5
80.4
80.0
78.9
80.4
80.0
78.9
80.1
80.7
80.7
81.8
84.1
81.1
83.8
82.6
84.3
83.7
83.5
82.8
84.4
56.4
81.8
82.6
81.7
81.6
81.6
80.8
79.7
79.8
78.0
77.5
77.8
76.7
74.3
Government
71.5
73.8
76.1
77.8
78.6
79.1
77.8
79.1
79.7
80.0
80.6
83.5
84.0
84.8
85.4
84.2
86.9
87.5
86.5
88.7
89.8
89.8
89.9
90.6
89.9
89.8
90.0
88.7
89.6
88.6
87.8
86.1
86.6
85.1
85.5
79.4
81.2
81.0
82.0
83.8
83.0
82.2
81.4
80.8
81.9
80.8
80.4
80.8
80.9
Treasury
99.4
98.8
99.5
99.5
99.4
99.3
98.3
99.0
99.3
98.1
98.4
99.2
99.4
99.4
99.4
97.6
99.2
99.5
98.7
99.4
99.4
99.0
99.5
99.4
98.6
99.6
99.6
98.9
99.6
99.7
99.2
99.4
99.3
99.5
99.3
99.6
98.5
99.0
99.2
99.0
99.4
99.0
99.4
99.0
98.7
98.8
99.3
98.3
99.2
Page 27 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A9: Prime Holdings of Bank-Related Securities by
Country ($ Billions)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
US
87.7
78.9
79.7
72.9
72.0
71.9
63.9
71.3
81.1
70.5
67.2
63.6
55.1
54.9
55.0
50.9
48.1
45.1
47.1
49.2
45.9
49.6
41.7
43.2
40.7
46.7
50.3
55.6
55.0
64.7
67.5
70.9
81.5
89.0
92.6
98.9
97.7
109.5
117.0
123.2
137.3
146.3
145.7
153.6
159.9
162.5
168.6
181.5
176.3
Canada
132.5
135.6
140.8
121.9
119.0
102.0
93.7
107.3
130.2
117.2
112.4
109.9
101.5
95.4
97.7
91.7
92.4
96.9
94.0
106.7
113.4
96.4
92.9
94.4
83.7
83.7
84.8
85.6
89.2
93.1
97.8
107.8
123.3
115.7
114.0
110.6
113.9
115.7
130.4
124.0
131.0
136.5
136.6
156.3
183.4
160.5
159.7
182.2
145.8
Japan
97.2
89.7
95.8
98.7
94.9
90.8
86.3
81.8
82.0
71.3
76.2
69.2
70.7
73.8
65.5
71.2
66.7
66.7
71.6
69.3
71.3
64.6
60.1
61.1
59.3
63.3
71.8
71.4
79.2
81.4
93.2
100.1
91.1
98.8
104.2
87.5
94.3
91.1
95.6
105.5
117.2
119.3
126.4
131.1
126.5
134.7
133.4
122.8
126.2
France
88.4
93.8
84.8
87.5
86.0
75.6
82.3
87.5
67.0
85.8
84.1
77.8
81.9
88.4
66.0
72.1
73.6
65.4
80.6
71.7
49.6
70.0
68.0
56.2
64.2
63.1
51.0
61.0
59.2
49.1
59.1
52.2
52.3
71.9
72.4
63.2
81.6
91.9
82.1
95.2
94.0
85.5
98.9
100.8
88.8
110.1
105.8
98.3
107.8
UK
45.6
45.6
45.3
43.3
42.4
43.1
35.2
30.0
26.1
30.6
40.0
31.4
37.3
35.9
29.9
29.8
28.8
28.1
27.0
25.8
19.4
28.4
29.3
30.6
31.0
30.1
29.6
24.7
30.0
25.7
28.8
34.4
27.7
39.8
35.2
33.1
34.6
40.4
41.4
42.4
41.4
38.4
43.0
44.5
32.9
59.9
54.3
53.6
51.5
Netherlands
37.2
37.0
30.2
33.9
31.0
37.2
30.0
32.0
12.9
37.8
38.0
40.2
35.2
31.5
29.5
30.3
30.9
36.2
33.5
28.6
12.9
25.9
30.3
34.4
33.1
35.5
22.5
32.5
30.4
34.5
37.6
38.2
15.3
47.5
41.0
40.7
41.6
45.3
41.6
47.1
42.9
42.8
41.3
42.0
20.3
40.5
47.6
53.9
44.6
Germany
40.3
41.5
35.8
45.4
45.4
34.4
38.9
36.7
23.8
42.0
44.7
36.0
39.0
37.9
28.4
38.0
38.3
32.4
36.4
34.0
15.1
33.8
35.8
27.6
31.4
31.4
19.1
22.2
26.0
27.7
25.1
28.4
13.7
37.0
38.7
21.7
36.0
40.5
25.8
36.6
36.9
36.7
37.5
33.6
19.3
37.9
35.3
35.0
36.3
Aust/NZ
32.8
31.1
26.6
22.6
21.7
19.6
18.6
22.4
25.8
24.2
26.4
28.9
26.1
24.7
24.6
24.3
25.3
26.0
26.9
29.9
32.6
27.7
27.8
29.4
30.5
31.5
30.9
28.4
28.5
29.8
34.1
35.1
36.1
36.1
35.8
34.0
26.3
23.0
25.6
25.8
23.5
26.2
31.8
36.8
43.0
39.1
40.3
27.3
29.1
Switzerland
20.1
18.9
18.9
17.3
18.3
18.5
21.8
18.2
17.2
16.7
16.5
17.3
16.3
14.4
11.2
10.8
9.1
7.6
8.0
10.0
12.1
11.5
11.6
11.9
12.3
10.8
9.3
8.0
7.3
7.2
7.4
8.6
8.3
7.4
5.7
5.8
5.6
5.4
7.1
8.1
9.5
9.3
10.3
10.8
10.1
8.6
7.6
7.2
7.8
Page 28 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A10: Prime Holdings of Bank-Related Securities by
Region ($ Billions)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Americas
220.8
215.0
221.2
195.4
191.7
174.5
158.1
179.0
211.7
188.1
179.9
173.8
156.7
150.4
152.8
142.7
140.5
142.0
141.2
156.0
159.3
146.0
134.6
137.6
124.4
130.4
135.1
141.2
144.2
157.9
165.3
178.7
204.8
204.7
206.5
209.5
211.6
225.2
247.4
247.3
268.3
282.8
282.3
309.8
343.3
322.9
328.3
363.7
322.1
Eurozone
179.4
182.7
156.9
175.1
171.0
153.1
159.5
165.1
108.3
178.4
181.4
166.3
174.8
176.6
130.4
158.3
162.1
143.0
168.9
151.2
82.2
147.5
153.0
125.7
142.4
143.6
103.3
130.5
133.0
121.5
138.7
135.4
90.2
177.8
170.6
135.7
177.6
200.4
162.9
201.8
195.4
177.5
202.1
200.3
142.5
210.5
210.7
202.6
208.0
Asia-Pacific
144.0
137.2
141.6
138.9
130.8
123.2
117.2
115.7
119.1
108.4
114.2
113.6
110.8
113.5
104.2
109.4
105.1
106.3
116.6
117.4
121.0
111.6
103.5
105.6
104.1
110.9
121.0
119.4
129.0
130.4
149.0
154.2
144.0
154.0
164.8
142.8
142.1
140.6
140.0
154.1
164.5
169.3
179.7
192.6
189.4
200.6
199.2
177.0
178.1
Europe (non-Euro)
111.9
104.8
105.2
99.5
105.1
98.4
90.7
85.1
66.7
107.1
115.9
98.8
112.2
106.6
76.1
88.6
87.8
74.5
78.6
80.2
51.0
94.0
97.8
72.0
93.9
86.9
73.6
78.5
85.5
73.3
84.2
98.8
67.9
102.8
98.6
80.0
91.5
101.0
98.6
106.6
110.3
96.2
111.2
112.1
78.0
141.0
139.5
118.0
131.2
Page 29 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A11: Prime Money Market Fund Aggregate Product
Exposures ($ Billions)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Gov. and Treas.
420.0
489.3
534.0
513.4
542.5
455.2
419.2
410.9
418.8
347.3
310.7
346.1
329.0
322.5
397.0
328.1
329.0
355.8
298.3
272.7
362.0
282.9
273.5
366.1
317.1
333.6
384.7
402.0
414.9
447.3
434.8
443.0
527.9
479.8
513.7
584.8
557.4
544.0
579.8
545.0
545.2
564.4
526.4
550.5
618.2
569.2
594.7
636.4
620.1
CDs and Time
Deposits
290.0
275.5
252.7
257.3
249.0
212.1
215.9
220.7
164.9
238.7
246.2
216.6
233.1
230.9
176.3
217.8
210.2
179.9
223.0
220.9
143.9
226.9
229.4
176.2
211.6
210.7
188.6
210.7
221.9
211.3
247.6
251.8
191.4
283.2
291.5
229.0
281.3
297.3
269.7
306.5
326.6
303.7
347.0
351.5
294.5
373.5
381.9
343.2
358.2
Financial Co. CP
180.4
171.6
174.0
163.8
157.8
143.4
141.2
150.0
153.1
179.9
182.3
189.0
189.9
190.5
161.6
167.0
168.2
172.6
175.7
176.0
157.7
165.1
158.9
154.2
151.5
157.5
149.3
154.1
161.4
159.0
168.6
178.7
170.9
196.2
185.0
159.8
164.4
170.2
164.2
179.6
183.9
187.8
195.6
206.2
188.9
199.4
198.7
197.7
179.1
Non-Financial Co.
CP and Other
149.4
157.7
149.0
156.3
144.0
134.9
135.0
134.7
127.3
137.6
138.3
127.8
128.4
122.3
119.3
123.3
120.1
119.4
123.8
127.4
112.3
114.7
124.4
121.6
123.4
120.3
109.0
119.9
121.7
115.9
122.4
119.7
109.8
118.2
123.5
118.4
126.4
129.9
132.8
138.1
138.3
143.1
149.6
141.9
132.7
144.2
144.1
147.8
147.4
Asset-Backed
55.7
62.1
62.6
59.4
56.2
53.4
48.8
46.7
46.0
46.6
44.1
41.8
41.8
39.3
36.6
34.5
35.9
35.9
36.4
35.4
35.9
35.1
31.9
32.5
31.2
30.2
27.6
29.7
36.4
37.4
40.8
41.0
43.5
47.7
48.7
45.1
44.8
47.6
54.0
60.1
58.6
59.9
61.1
63.7
72.1
76.3
77.4
78.0
72.4
Total
1,095.5
1,156.2
1,172.3
1,150.2
1,149.5
999.0
960.1
963.0
910.1
950.1
921.6
921.3
922.2
905.5
890.8
870.7
863.4
863.6
857.2
832.4
811.8
824.7
818.1
850.6
834.8
852.3
859.2
916.4
956.3
970.9
1,014.2
1,034.2
1,043.5
1,125.1
1,162.4
1,137.1
1,174.3
1,189.0
1,200.5
1,229.3
1,252.6
1,258.9
1,279.7
1,313.8
1,306.4
1,362.6
1,396.8
1,403.1
1,377.2
Page 30 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A12: Government & Treasury Funds Bank Repo
Counterparties by Country ($ Billions)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
US
201.4
177.4
172.1
168.3
179.8
172.5
190.8
169.0
166.9
162.4
198.3
213.0
183.5
177.9
160.7
160.2
154.3
146.0
133.3
118.0
107.6
123.3
128.2
108.6
115.1
114.0
100.5
93.3
106.5
103.4
108.9
128.8
107.2
185.4
193.3
244.0
247.2
306.0
292.6
288.4
292.2
320.3
334.0
381.5
393.8
451.8
421.0
390.2
454.4
Canada
153.9
139.8
131.4
129.4
134.4
132.8
126.4
132.8
140.9
135.5
151.7
154.6
160.0
145.3
117.1
124.1
126.5
125.4
138.7
154.9
165.7
124.4
120.6
109.1
98.5
88.6
73.6
83.9
90.9
75.3
83.9
94.2
103.2
100.1
101.4
112.2
106.1
142.6
145.1
152.4
160.4
177.3
174.6
201.4
218.3
182.6
204.4
208.9
176.5
France
217.1
190.6
146.1
189.2
197.2
189.4
204.4
211.6
177.5
193.6
209.1
185.0
207.3
190.6
132.4
165.7
158.7
141.3
158.8
160.3
89.2
129.0
142.2
124.8
130.6
108.3
73.6
92.9
98.6
55.7
70.3
67.2
49.8
87.5
97.0
83.0
114.0
131.7
119.5
147.0
167.3
143.5
159.0
167.0
132.8
188.7
183.5
172.7
198.4
UK
117.5
78.2
67.6
76.7
78.4
81.3
73.1
83.9
80.3
84.3
90.3
78.5
86.3
79.9
64.0
72.3
68.0
51.8
47.1
54.5
42.1
50.8
61.9
38.9
55.4
46.5
24.8
33.4
43.0
26.6
43.9
59.2
39.5
65.7
42.5
44.2
70.3
93.3
81.6
102.0
112.5
76.6
106.7
139.6
93.4
132.7
144.1
96.9
138.1
Germany
31.4
29.8
22.4
27.5
21.0
22.8
20.5
19.6
12.4
15.5
23.6
18.8
25.6
23.1
21.6
30.0
27.9
21.1
21.4
14.8
10.2
11.1
11.4
7.8
9.0
10.0
10.4
9.8
11.3
10.1
10.2
8.4
10.8
12.8
13.0
11.5
11.7
18.4
19.7
23.4
25.9
20.0
29.2
32.4
17.9
31.7
21.2
14.4
22.6
Japan
159.8
142.2
118.5
118.6
132.0
120.7
117.8
135.1
124.9
136.6
142.4
144.4
152.3
150.2
140.9
138.7
140.2
129.3
124.2
123.0
124.5
127.7
124.4
116.4
114.3
106.3
79.3
78.6
83.5
74.0
79.3
88.8
77.8
83.9
81.2
89.5
93.4
100.6
111.2
108.4
111.5
124.7
117.8
138.5
131.3
141.4
140.9
141.2
143.1
Other
42.9
40.0
36.4
44.0
44.8
41.3
44.1
45.2
28.5
37.2
42.2
42.1
41.6
37.9
33.3
32.7
36.4
28.1
27.7
33.4
22.3
27.6
29.1
26.8
23.5
23.8
19.4
21.4
25.5
23.4
22.2
25.2
20.7
25.1
25.2
35.6
35.1
37.1
42.7
40.3
41.8
41.3
51.4
45.5
36.1
45.8
43.6
38.5
45.1
Page 31 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A13: Money Market Fund Repurchase Agreements with
the Federal Reserve ($ Billions)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Total
1.8
1.3
1.0
0.2
0.8
9.6
5.4
2.7
125.3
179.7
458.6
855.1
885.6
1,049.6
1,438.9
1,345.7
1,397.0
1,739.7
1,474.6
1,445.7
1,658.1
1,670.3
1,753.2
2,062.9
2,098.2
2,069.4
2,220.6
2,145.0
2,003.5
2,339.6
1,989.0
2,097.3
2,230.8
2,213.9
2,044.0
1,906.0
1,753.1
1,565.2
1,484.0
1,084.1
849.3
968.7
583.4
464.9
537.8
508.7
Page 32 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Table A14: Securities with more than 179 Days to Maturity
(Percent)
Month
2020-04
2020-05
2020-06
2020-07
2020-08
2020-09
2020-10
2020-11
2020-12
2021-01
2021-02
2021-03
2021-04
2021-05
2021-06
2021-07
2021-08
2021-09
2021-10
2021-11
2021-12
2022-01
2022-02
2022-03
2022-04
2022-05
2022-06
2022-07
2022-08
2022-09
2022-10
2022-11
2022-12
2023-01
2023-02
2023-03
2023-04
2023-05
2023-06
2023-07
2023-08
2023-09
2023-10
2023-11
2023-12
2024-01
2024-02
2024-03
2024-04
Prime
Institutional
6.9
6.1
6.9
8.2
7.3
7.2
7.8
7.0
6.9
7.8
7.6
7.9
7.8
8.0
8.0
7.9
7.5
7.2
7.7
7.0
6.8
6.1
6.1
6.4
6.0
6.2
6.0
5.6
5.5
5.0
4.8
4.5
4.5
5.4
5.6
6.5
7.4
6.9
6.9
6.3
6.1
6.1
6.3
7.0
6.3
7.0
6.9
6.2
5.8
Prime
Retail
4.8
3.1
5.1
6.7
6.3
3.2
4.3
2.8
2.4
2.8
3.9
4.6
4.5
6.1
6.2
5.7
6.2
6.5
7.6
5.4
3.8
3.9
4.2
3.8
4.6
6.2
6.8
8.0
8.2
6.6
5.2
4.2
4.2
4.7
4.8
4.8
4.1
4.2
3.7
4.7
7.3
6.6
7.0
7.0
5.6
6.4
6.6
5.8
6.0
Tax Exempt
Institutional
0.9
1.4
2.4
2.7
2.6
3.4
3.1
3.1
2.3
1.4
1.2
1.1
0.6
0.7
1.7
2.0
2.2
2.3
2.1
2.1
1.3
0.4
0.2
0.3
0.2
0.1
0.6
0.6
0.8
1.0
0.9
0.9
0.9
0.7
0.2
0.1
0.2
0.6
0.9
0.8
0.5
0.6
0.5
0.2
0.1
0.1
-
Tax Exempt
Retail
4.1
4.2
5.9
7.0
7.2
7.0
6.0
5.7
4.4
3.2
2.7
2.8
2.6
2.9
4.0
4.3
4.5
4.7
5.0
5.1
3.6
2.3
2.0
1.9
1.7
1.6
1.9
1.6
2.1
2.3
2.2
2.4
2.0
1.5
1.4
1.2
1.5
1.8
2.9
3.4
4.1
5.1
5.8
5.7
4.0
3.6
3.4
3.2
3.3
Government
17.6
16.4
16.1
16.5
15.9
14.8
14.4
14.3
15.4
14.8
14.9
15.1
14.0
12.7
13.8
13.9
13.4
13.8
14.4
14.7
13.5
13.9
13.2
13.5
13.4
13.2
12.7
12.8
11.8
12.3
12.8
11.4
11.5
12.0
11.9
13.1
13.7
13.4
13.5
13.7
13.4
13.8
14.7
13.6
13.5
15.0
15.8
15.1
16.4
Treasury
14.9
13.7
14.5
15.0
13.8
14.3
14.9
12.6
14.9
15.5
13.5
13.9
14.4
11.6
13.4
14.8
12.6
13.7
15.1
13.6
12.9
13.8
12.2
13.3
13.5
11.9
11.9
11.8
9.9
9.7
10.0
8.3
8.6
8.8
7.6
7.1
8.1
7.6
8.1
8.4
8.0
8.7
10.1
9.3
10.9
12.2
12.0
12.2
13.4
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U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
II
Key Definitions
Included by reference are all definitions included in the definitions section of
Form N-MFP and definitions set forth in Rule 2a-7 (17 CFR 270.2a-7).
Bank-related securities
For purposes of this report, includes certificates of deposit, time deposits, sponsored ABCP, and repurchase agreements where the bank is
the counterparty.
Daily Liquid Assets
Means: (i) Cash; (ii) Direct obligations of the U.S. Government; (iii)
Securities that will mature (as determined without reference to the exceptions in paragraph (i) of 29 CFR 270.2a-7 regarding interest rate
readjustments), or are subject to a demand feature that is exercisable
and payable, within one business day; or (iv) Amounts receivable and
due unconditionally within one business day on pending sales of portfolio securities.
Form N-MFP
Used by Money Market Funds to file reports with the Commission pursuant to rule 30b1-7 under the Act (17 CFR 270.30b1-7). The form is
available here.
Fund Category
A category on Item A.10 of Form N-MFP. Form N-MFP requests filers to
identify each Fund from among the following categories: Treasury, Government Agency, Exempt Government, Prime, Single State and Other
Tax Exempt, and further asks the filer to identify whether the Fund is
an exempt Retail Money Market Fund.
Government Money Market Fund
A Money Market Fund that invests 99.5 percent or more of its total
assets in cash, government securities, and/or repurchase agreements that
are collateralized fully.
Institutional Money Market Fund
A Fund reported on Form N-MFP that is not identified as a Retail
Money Market Fund. Government and Treasury Money Market Funds
are not required to make this distinction.
Money Market Fund (or Fund)
A registered open-end management investment company, or series
thereof, that is regulated as a Money Market Fund pursuant to rule
2a–7 (17 CFR 270.2a–7) under the Investment Company Act of 1940.
Page 34 of 35
U.S. Securities and Exchange Commission, Money Market Funds Statistics, Filings through May 15, 2024
Prime Money Market Fund
Any Fund reported on Form N-MFP as a Prime Money Market Fund.
Prime Money Market Funds generally hold a variety of taxable shortterm obligations issued by corporations and banks, as well as repurchase
agreements and asset-backed commercial paper.2 Nonpublic Prime Institutional Money Market Fund : A Fund that disclosed in its public filings
with the SEC (Form N-CEN, Form N-CSR, or the Fund’s prospectus)
that its shares are not intended to be offered to the public. Prime Institutional Money Market Funds that do not provide such disclosures are
considered to be offered to the public.
Retail Money Market Fund
A Money Market Fund that has policies and procedures reasonably designed to limit all beneficial owners of the Fund to natural persons. Government and Treasury Money Market Funds are not required to make
this distinction.
Tax Exempt Money Market Fund
A Money Market Fund that holds itself out as distributing income exempt from regular federal income tax.
Treasury Money Market Fund
A Government Money Market Fund that limits its holdings to only U.S.
Treasury obligations or repurchase agreements collateralized by U.S.
Treasury securities.3
Weekly Liquid Assets
Means: (i) Cash; (ii) Direct obligations of the U.S. Government; (iii)
Government securities that are issued by a person controlled or supervised by and acting as an instrumentality of the government of the
United States pursuant to authority granted by the Congress of the
United States that: (A) Are issued at a discount to the principal amount
to be repaid at maturity without provision for the payment of interest;
and (B) Have a remaining maturity date of 60 days or less. (iv) Securities
that will mature (as determined without reference to the exceptions in
paragraph (i) of 29 CFR 270.2a-7 regarding interest rate readjustments),
or are subject to a demand feature that is exercisable and payable, within
five business days; or (v) Amounts receivable and due unconditionally
within five business days on pending sales of portfolio securities.
2
See Money Market Fund Reform; Amendments to Form PF, Investment Company Act Release No. 31166 (July 23,
2014), available here.
3
Id.
Page 35 of 35
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.