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Release: Money Market Fund Holdings

Money Market Fund Holdings
August 2022

Washington, DC, September 16, 2022— The Investment Company Institute (ICI) reports that, as of the final Friday in August, prime money market funds held 36.3 percent of their portfolios in daily liquid assets and 51.2 percent in weekly liquid assets, while government money market funds held 87.4 percent of their portfolios in daily liquid assets and 93.6 percent in weekly liquid assets.

At the end of August, prime funds had a weighted average maturity (WAM) of 14 days and a weighted average life (WAL) of 53 days. Average WAMs and WALs are asset-weighted. Government money market funds had a WAM of 21 days and a WAL of 65 days.

Prime and Government Money Market Funds’ Liquid Assets as of the Final Friday of the Month, Weighted Average Maturities and Weighted Average Lives

 

Prime money market funds

Liquid assets

July 2022

August 2022

Regulatory minimum

Percentage of total assets

Daily liquid assets

36.5%

36.3%

10%

­Weekly liquid assets

52.9%

51.2%

30%

Weighted average maturity and
Weighted average life

July 2022

August 2022

Regulatory maximum

Number of days

Weighted average maturity

17

14

60

Weighted average life

55

53

120

 

 

Government money market funds

Liquid assets

July 2022

August 2022

Regulatory minimum

Percentage of total assets

Daily liquid assets

88.2%

87.4%

10%

Weekly liquid assets

93.8%

93.6%

30%

Weighted average maturity and
Weighted average life

July 2022

August 2022

Regulatory maximum

Number of days

Weighted average maturity

26

21

60

Weighted average life

69

65

120

Holdings by Region of Issuer

Prime money market funds’ holdings attributable to the Americas rose from $212.71 billion in July to $232.50 billion in August. Government money market funds’ holdings attributable to the Americas declined from $3,782.80 billion in July to $3,695.23 billion in August.

Prime and Government Money Market Funds’ Holdings, by Region of Issuer*
Millions of dollars and as a percentage of portfolio securities

Prime money market funds

     

 

 

Region

7/31/2022

8/31/2022

 

Americas

$212,712

45.5%

$232,497

45.8%

 

Asia and Pacific

90,709

              19.4

99,797

                 19.7

 

Europe

157,878

              33.8

168,829

                 33.3

 

Supranational

0

                0.0

10

                   0.1

 

Other

5,886

                1.3

6,584

                   1.3

 

Total

$467,186

100.0%

$507,718

100.0%

 

 

 

 

 

Government money market funds 

     

 

 

Region

7/31/2022

8/31/2022

 

Americas

$3,782,801

94.3%

$3,695,231

93.6%

 

Asia and Pacific

72,783

               1.8

77,747

                2.0

 

Europe

138,216

             3.4

154,752

              3.9

 

Supranational

0

0.0

0

0.0

 

Other

16,080

               0.4

19,988

                0.5

 

Total

$4,009,879

100.0%

$3,947,717

100.0%

 

                           

*The region of the issuer is defined by location of the parent firm headquarters. Percentages are calculated by adding up the value of all securities of the indicated type by the region of the security’s issuer and dividing that amount by the total value of all securities of the indicated type. The other category consists of unclassified securities and countries with less than 0.25 percent of asset exposure.

More Information About the Data

Each month, ICI reports numbers based on the Securities and Exchange Commission’s Form N-MFP data. The report includes all money market funds registered under the Securities Act of 1933 and the Investment Company Act of 1940, that are publicly offered. All master funds are excluded, but feeders are apportioned from the corresponding master and included in the report.

More detailed data are available in the report, and historical reports are also available.

If you have any questions or would like to request additional comments on this or data on another topic, please contact a member of ICI’s Media Relations team at 202-371-5413 or icipubcomm@ici.org.