Money

Market Fund

Statistics

Data as of

September 30, 2015

Issued October 28, 2015

U.S. Securities and

Exchange Commission

Division of Investment

Management

This is a report of the Staff of the Division of Investment Management of the U.S. Securities

and Exchange Commission. The Commission has expressed no view regarding this report or

the information contained in it.
   

   

                   

             

   

         

     

         

       

     

       

   

       

                       

               

             

       

                        

                   

               

           

             

   

             

         

       

     

                  

         

               

                   

                 

               

         

             

             

     

Page | 2

Table of Contents 

TOPIC 9/30/2015 Change 8/31/2015 Page

Number of Money Market Funds Reporting (Not Including Feeder Funds) 521 ‐2 523 3

Assets (in billions)

7‐Day Yields Gross

7‐Day Yields Prime Funds

Weighted Average Life (WAL),
 

Weighted by Fund Assets
 

Weighted Average Maturity (WAM),

Weighted by Fund Assets

Liquidity of Prime Funds, As a

Percent of Total Amortized Cost

Prime Funds' Bank Holdings

Prime Funds' Portfolio Composition
 

(in billions)
 

Non‐Government Securities

MMF Repo with the Fed (in billions)

Longer‐Maturity Securities

Total Money Market Funds
 

Prime Funds
 

Government (Govt) & Treasury Funds
 

Tax Exempt Funds
 

Prime Funds
 

Government & Treasury Funds
 

Tax Exempt Funds
 

Gross
 

Net
 

Expense Ratio
 

Prime Funds
 

Government & Treasury Funds
 

Tax Exempt Funds
 

Prime Funds
 

Government & Treasury Funds
 

Tax Exempt Funds
 

Daily Liquidity
 

Weekly Liquidity
 

Holdings by Country
 

Change in Holdings by Country
 

Holdings by Major Region
 

Certificates of Deposit
 

Non‐Financial Co. Commercial Paper (CP)
 

& Other Short Term Instruments
 

Government & Treasury (Direct and Repo)
 

Financial Co. Commercial Paper (CP)
 

Asset‐Backed Commercial Paper (ABCP)
 

All Taxable Funds
 

60 Days and Over

180 Days and Over

$3,023.7

$1,748.3

$1,022.7

$252.7

0.26%

0.12%

0.07%

0.26%

0.09%

0.17%

67.1 days

82.8 days

34.0 days

32.0 days

38.0 days

31.8 days

24.3%

42.2%

$518.8 (29.9%)

$318.1 (18.3%)

$567.6 (32.7%)

$231.5 (13.3%)

$98.3 (5.7%)

42.4%

$414.4

38.3%

8.8%

‐$2.6

‐$1.4

$2.7

‐$3.9

0.01%

‐

‐

0.01%

0.01%

‐

‐0.6 days

4.4 days

0.4 days

‐0.3 days

‐0.6 days

0.6 days

‐3.4%

0.6%
 

‐$54.6

‐$143.4

$201.4
 

‐$20.8

‐$1.1

‐7.4%

$270.5

1.4%

‐0.8%

$3,026.3 4

$1,749.7

$1,020.0

$256.6

0.25% 5

0.12%

0.07%

0.25% 6

0.08%

0.17%

67.7 days 7

78.4 days

33.6 days

32.3 days 8

38.6 days

31.2 days

27.7% 9

41.6%

10

11

12

$573.4 (32.7%) 13

$461.5 (26.3%)

$366.2 (20.9%)

$252.3 (14.4%)

$99.4 (5.7%)

49.8% 14

$143.9 15

36.9% 16

9.6%

Information presented in this report is based upon data reported by filers for the period ending September 30, 2015, except where 

specifically noted that a chart incorporates staff judgments. The presented information does not reflect data from amended filings 

submitted after the required reporting deadline. Some calculations in the change column in the above table of contents may not appear 

to total as expected due to rounding. If staff identifies data in this report that requires corrections, an amended report will be published 

with the corrected information. 
   

           

       

      

Page | 3

Trend in Number of Money Market Funds
 

Number

580

570

560

550

540

530

520

510

500

490

Does not include feederfunds

Number of

Funds

9/30/2013 572

10/31/2013 569

11/30/2013 565

12/31/2013 561

1/31/2014 559

2/28/2014 559

3/31/2014 559

4/30/2014 558

5/31/2014 557

6/30/2014 556

7/31/2014 553

8/31/2014 560

9/30/2014 558

10/31/2014 553

11/30/2014 551

12/31/2014 546

1/31/2015 544

2/28/2015 543

3/31/2015 542

4/30/2015 542

5/31/2015 537

6/30/2015 537

7/31/2015 531

8/31/2015 523

9/30/2015 521
   

                 

   

                        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Page | 4

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

2,000,000

Millions

Trend in Money Market Fund Assets, by Type of Fund

Prime Govt & Treas Tax Exempt

(Millions)

Prime Govt & Treas Tax Exempt Total

9/30/2013 $1,762,577 $974,092 $275,112 $3,011,781

10/31/2013 $1,783,747 $946,823 $273,058 $3,003,628

11/30/2013 $1,783,333 $951,551 $273,155 $3,008,039

12/31/2013 $1,792,224 $980,874 $281,230 $3,054,328

1/31/2014 $1,794,287 $973,672 $279,055 $3,047,014

2/28/2014 $1,779,870 $958,662 $278,843 $3,017,375

3/31/2014 $1,777,905 $946,123 $280,232 $3,004,260

4/30/2014 $1,743,255 $929,843 $267,440 $2,940,538

5/31/2014 $1,738,151 $940,705 $266,923 $2,945,779

6/30/2014 $1,718,330 $945,611 $263,904 $2,927,845

7/31/2014 $1,710,127 $926,990 $266,213 $2,903,330

8/31/2014 $1,732,955 $948,940 $266,421 $2,948,316

9/30/2014 $1,726,386 $984,560 $264,469 $2,975,415

10/31/2014 $1,751,547 $984,404 $261,534 $2,997,485

11/30/2014 $1,763,437 $992,092 $261,737 $3,017,266

12/31/2014 $1,772,398 $1,038,089 $270,199 $3,080,686

1/31/2015 $1,768,941 $1,019,407 $268,414 $3,056,762

2/28/2015 $1,780,289 $999,774 $268,181 $3,048,244

3/31/2015 $1,746,228 $996,224 $266,924 $3,009,376

4/30/2015 $1,704,160 $979,416 $252,164 $2,935,740

5/31/2015 $1,730,801 $983,871 $253,268 $2,967,940

6/30/2015 $1,706,487 $1,007,042 $250,954 $2,964,483

7/31/2015 $1,727,069 $1,023,972 $254,370 $3,005,411

8/31/2015 $1,749,739 $1,019,963 $256,591 $3,026,294

9/30/2015 $1,748,329 $1,022,731 $252,663 $3,023,724
   

                   

                       

                                

Page | 5

0.00%

0.05%

0.10%

0.15%

0.20%

0.25%

0.30%

7‐Day Gross Yield, Annualized

Trend in WeightedAverage 7‐DayGross Yield, by Type of Fund

Wtd Avg Gross Prime Wtd Avg Gross Tax Exempt Wtd Avg Gross Govt & Treas

Wtd Avg Gross Prime Wtd Avg Gross Tax Exempt Wtd Avg Gross Govt & Treas

9/30/2013 0.19% 0.12% 0.07%

10/31/2013 0.19% 0.14% 0.08%

11/30/2013 0.19% 0.11% 0.09%

12/31/2013 0.19% 0.10% 0.08%

1/31/2014 0.19% 0.10% 0.08%

2/28/2014 0.19% 0.09% 0.08%

3/31/2014 0.19% 0.11% 0.08%

4/30/2014 0.19% 0.15% 0.08%

5/31/2014 0.19% 0.11% 0.07%

6/30/2014 0.19% 0.10% 0.08%

7/31/2014 0.19% 0.10% 0.08%

8/31/2014 0.19% 0.08% 0.07%

9/30/2014 0.19% 0.08% 0.06%

10/31/2014 0.19% 0.08% 0.07%

11/30/2014 0.19% 0.08% 0.08%

12/31/2014 0.20% 0.07% 0.08%

1/31/2015 0.21% 0.06% 0.08%

2/28/2015 0.21% 0.06% 0.08%

3/31/2015 0.21% 0.06% 0.10%

4/30/2015 0.22% 0.12% 0.10%

5/31/2015 0.22% 0.13% 0.10%

6/30/2015 0.23% 0.10% 0.10%

7/31/2015 0.24% 0.07% 0.11%

8/31/2015 0.25% 0.07% 0.12%

9/30/2015 0.26% 0.07% 0.12%
   

                     

   

                   

                         

Page | 6

0.00%

0.05%

0.10%

0.15%

0.20%

0.25%

0.30%

7‐Day Yield, Annualized

Trend in Prime MMF WeightedAverage 7‐DayGross andNet Yield,

and Expense Ratio

Wtd Avg Gross Prime Wtd Avg Prime Expense Ratio Wtd Avg Net Prime

Wtd Avg Gross Prime Wtd Avg Prime Expense Ratio Wtd Avg Net Prime

9/30/2013 0.19% 0.15% 0.04%

10/31/2013 0.19% 0.15% 0.04%

11/30/2013 0.19% 0.15% 0.04%

12/31/2013 0.19% 0.15% 0.04%

1/31/2014 0.19% 0.15% 0.04%

2/28/2014 0.19% 0.15% 0.04%

3/31/2014 0.19% 0.15% 0.04%

4/30/2014 0.19% 0.15% 0.04%

5/31/2014 0.19% 0.15% 0.04%

6/30/2014 0.19% 0.15% 0.04%

7/31/2014 0.19% 0.15% 0.04%

8/31/2014 0.19% 0.15% 0.04%

9/30/2014 0.19% 0.14% 0.04%

10/31/2014 0.19% 0.15% 0.04%

11/30/2014 0.19% 0.15% 0.05%

12/31/2014 0.20% 0.15% 0.05%

1/31/2015 0.21% 0.15% 0.05%

2/28/2015 0.21% 0.15% 0.06%

3/31/2015 0.21% 0.16% 0.06%

4/30/2015 0.22% 0.16% 0.06%

5/31/2015 0.22% 0.16% 0.06%

6/30/2015 0.23% 0.16% 0.07%

7/31/2015 0.24% 0.16% 0.08%

8/31/2015 0.25% 0.17% 0.08%

9/30/2015 0.26% 0.17% 0.09%
   

                   

         

                    

   

   

   

   

   

   

   

   

   

   

   

   

Page | 7

0

10

20

30

40

50

60

70

80

90

Days

Trend in WAL, Weighted by Fund Assets, by Type of Fund

Prime Funds Govt & Treas Funds Tax Exempt Funds

(Days)

Prime Funds Govt & Treas Funds Tax Exempt Funds

9/30/2013 79.8 63.3 42.6

10/31/2013 81.3 67.2 41.9

11/30/2013 82.4 67.9 40.1

12/31/2013 79.6 65.7 36.4

1/31/2014 79.6 67.2 33.4

2/28/2014 79.8 68.4 31.1

3/31/2014 79.9 69.7 31.2

4/30/2014 78.3 71.5 30.4

5/31/2014 78.1 71.3 28.8

6/30/2014 77.8 71.8 34.2

7/31/2014 76.1 74.9 33.8

8/31/2014 76.2 73.6 38.5

9/30/2014 76.3 72.8 41.6

10/31/2014 78.3 78.2 40.5

11/30/2014 79.1 77.0 39.4

12/31/2014 76.6 74.9 37.2

1/31/2015 77.8 79.7 34.0

2/28/2015 77.5 80.1 32.2

3/31/2015 77.5 81.9 32.1

4/30/2015 76.3 82.2 30.8

5/31/2015 74.4 78.2 28.3

6/30/2015 72.9 75.4 33.6

7/31/2015 72.6 76.8 34.3

8/31/2015 67.7 78.4 33.6

9/30/2015 67.1 82.8 34.0
   

                   

         

                    

   

   

   

   

   

   

   

   

   

   

   

   

Page | 8

0

10

20

30

40

50

60

Days

Trend in WAM, Weighted by Fund Assets, by Type of Fund

Govt & Treas Funds Prime Funds Tax Exempt Funds

(Days)

Prime Funds Govt & Treas Funds Tax Exempt Funds

9/30/2013 47.2 47.7 40.1

10/31/2013 47.4 50.5 39.5

11/30/2013 48.1 50.3 38.5

12/31/2013 46.0 48.3 35.3

1/31/2014 46.7 48.8 32.2

2/28/2014 46.8 47.8 29.8

3/31/2014 46.3 45.3 29.5

4/30/2014 44.7 44.6 29.0

5/31/2014 44.6 42.5 27.4

6/30/2014 44.1 42.7 32.9

7/31/2014 43.7 45.5 33.8

8/31/2014 45.5 44.0 37.3

9/30/2014 46.0 44.5 40.2

10/31/2014 46.8 48.3 39.3

11/30/2014 45.8 46.4 38.4

12/31/2014 42.8 43.5 36.2

1/31/2015 43.5 43.7 33.0

2/28/2015 43.4 42.9 30.9

3/31/2015 41.6 44.2 30.6

4/30/2015 39.6 42.8 29.1

5/31/2015 38.5 40.9 26.7

6/30/2015 36.8 39.5 31.6

7/31/2015 36.6 40.6 32.2

8/31/2015 32.3 38.6 31.2

9/30/2015 32.0 38.0 31.8
   

                   

       

  

       

   

   

   

   

   

   

   

   

   

   

   

   

   

Page | 9

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

Percent Total Prime Amortized Cost

Trend in Daily and Weekly Liquidity of Prime Money Market Funds

Total Weekly Liquidity Total Daily Liquidity

Total Daily

Liquidity

Total Weekly

Liquidity

9/30/2013 25.3% 38.4%

10/31/2013 25.8% 40.2%

11/30/2013 25.4% 39.2%

12/31/2013 23.9% 37.3%

1/31/2014 23.9% 38.9%

2/28/2014 25.1% 40.4%

3/31/2014 27.8% 37.8%

4/30/2014 25.2% 38.7%

5/31/2014 23.5% 39.4%

6/30/2014 24.7% 38.4%

7/31/2014 24.2% 39.3%

8/31/2014 26.3% 40.9%

9/30/2014 25.3% 38.3%

10/31/2014 26.8% 40.1%

11/30/2014 26.6% 40.0%

12/31/2014 22.5% 41.3%

1/31/2015 25.7% 40.6%

2/28/2015 26.0% 39.9%

3/31/2015 25.1% 38.8%

4/30/2015 24.6% 39.8%

5/31/2015 25.7% 39.8%

6/30/2015 26.2% 41.0%

7/31/2015 26.4% 40.0%

8/31/2015 27.7% 41.6%

9/30/2015 24.3% 42.2%
   

                   

        

   

                                           

                                            

                                            

                                   

   

Page | 10

$0

$50,000

$100,000

$150,000

$200,000

$250,000

Millions

Prime MMF Holdings of Bank Related Securities, by Country September

2015

Country Prime MMF (Millions)

Canada
 

US
 

Japan
 

France
 

Sweden
 

Aust/NZ
 

UK
 

Netherlands
 

Germany
 

Switzerland
 

Singapore
 

Other
 

Norway
 

Belgium
 

China
 

Spain
 

Grand Total

$206,436

$183,362

$174,694

$116,480

$83,708

$79,368

$63,743

$56,228

$48,433

$43,836

$19,675

$7,126

$6,945

$3,354

$3,046

$1,040

$1,097,474

SEC staff had to make judgments in some limited cases as to whether certain securities held in prime money market funds were

issued by a specific bank. The banks were then grouped by country based on location of their global headquarters. In general, the

calculations include Asset Backed CP sponsored by a bank and all repos with that bank as counterparty. If identifiable with a specific

bank, money market tranches of ABS are included in the calculation. Securities guaranteed, but not issued by, bank‐related entities

are not included.
   

  

               

           

   

     

      

     

  

  

  

  

  

  

  

  

                                           

                                            

                                            

                                   

   

Page | 11

 ‐$80,000

 ‐$70,000

 ‐$60,000

 ‐$50,000

 ‐$40,000

 ‐$30,000

 ‐$20,000

 ‐$10,000

$‐

$10,000

Millions

Change in Prime MMF Bank Related Securities, by

Country August 2015 to September 2015

Country Change (Millions)

Netherlands $2,924

Other $778

China $529

Spain

 ‐$852

‐$548

Japan

Germany

 ‐$2,733

‐$1,001

Switzerland

Singapore

 ‐$3,399

‐$3,355

Canada

Aust/NZ

 ‐$8,144

‐$5,862

Belgium

Norway

 ‐$32,277

‐$29,036

US

UK  ‐$33,806
 

Sweden ‐$36,523

France  ‐$73,543

SEC staff had to make judgments in some limited cases as to whether certain securities held in prime money market funds were

issued by a specific bank. The banks were then grouped by country based on location of their global headquarters. In general, the

calculations include Asset Backed CP sponsored by a bank and all repos with that bank as counterparty. If identifiable with a specific

bank, money market tranches of ABS are included in the calculation. Securities guaranteed, but not issued by, bank‐related entities

are not included.
   

               

     

   

      ‐       

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

                               

                                           

                                            

                                            

                                   

     

Page | 12

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

Millions

Trend in Prime MMF Holdings of Bank Related

Securities by Major Region

Europe Euro‐zone Americas Asia and Pacific

(Millions)

Europe Euro zone Americas Asia and Pacific

9/30/2013 $580,115 $307,046 $404,408

11/30/2013

10/31/2013 $628,367 $345,367 $390,174

$307,322

$301,212

$633,537 $351,754 $389,328

1/31/2014

12/31/2013 $526,996 $230,508 $407,362

$311,499

$316,051

$653,259 $353,591 $397,161

3/31/2014

2/28/2014 $651,067 $356,054 $391,278

$287,552

$296,627

$556,687 $312,662 $390,235

4/30/2014 $650,425 $344,265 $383,688 $287,422

$641,476 $341,803 $396,681

7/31/2014

6/30/2014 $503,316 $278,043 $403,805

$292,301

$292,188

$606,555 $313,697 $400,146

9/30/2014

8/31/2014 $615,562 $315,775 $414,472

$304,004

$339,186

$492,060 $247,267 $408,751

11/30/2014

10/31/2014 $609,541 $283,664 $422,338

$310,709

$309,488

$603,310 $287,797 $428,774

12/31/2014 $462,666 $235,169 $421,684 $308,909

$626,172 $315,420 $407,069

2/28/2015 $626,600 $315,368 $404,668 $312,152

$468,020 $248,685 $405,404

5/31/2015

4/30/2015 $586,490 $286,551 $404,816

$298,475

$290,789

$598,836 $287,718 $405,031

7/31/2015

6/30/2015 $436,893 $219,682 $410,216

$297,824

$307,195

$597,194 $300,041 $429,659

8/31/2015 $607,487 $306,772 $428,203 $288,633

$290,281

5/31/2014 $283,745

1/31/2015 $303,528

3/31/2015 $301,992

9/30/2015 $425,642 $226,840 $392,802 $279,030

Euro‐zone is a subset of Europe and Euro‐zone values are also included in totals for Europe.

SEC staff had to make judgments in some limited cases as to whether certain securities held in prime money market funds were

issued by a specific bank. The banks were then grouped by country based on location of their global headquarters. In general, the

calculations include Asset Backed CP sponsored by a bank and all repos with that bank as counterparty. If identifiable with a specific

bank, money market tranches of ABS are included in the calculation. Securities guaranteed, but not issued by, bank‐related entities

are not included.
   

         

     

     

         

  

     

   

     

  

  

   

  

     

     

  

  

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

Page | 13

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

Millions

Trend in Prime MMF PortfolioComposition

CD Non‐Financial Co. CP and

Other Short Term Securities

Govt (Direct & Repo) Financial Co. CP ABCP

(Millions)

CD

Non‐Financial CP

and Other Short

Term Securities

Govt

(Direct &

Repo)

Financial Co.

CP ABCP

Total

Amortized

Cost

9/30/2013 $571,614 $407,313 $431,523 $245,208 $103,468
 $1,759,126

10/31/2013 $559,750 $425,230 $439,521 $260,862 $105,114 $1,790,477
 

11/30/2013 $579,823 $417,884 $406,561 $268,153 $106,480
 $1,778,901

12/31/2013 $585,029 $359,549 $474,571 $250,080 $105,208 $1,774,437
 

1/31/2014 $629,217 $399,619 $402,094 $268,876 $102,207
 $1,802,013

2/28/2014 $613,990 $400,995 $404,519 $267,782 $99,178 $1,786,464
 

3/31/2014 $590,928 $351,416 $472,169 $251,317 $100,120
 $1,765,950

4/30/2014 $615,826 $398,568 $366,015 $266,701 $100,270 $1,747,380
 

5/31/2014 $623,169 $311,391 $354,182 $267,912 $98,960
 $1,655,614

6/30/2014 $597,853 $319,228 $441,524 $243,227 $97,085 $1,698,917
 

7/31/2014 $616,131 $380,021 $372,010 $254,551 $94,948
 $1,717,661

8/31/2014 $617,783 $405,833 $358,055 $253,916 $95,372 $1,730,959
 

9/30/2014 $589,180 $354,600 $415,860 $239,719 $96,214
 $1,695,573

10/31/2014 $602,875 $460,517 $339,950 $257,814 $92,388 $1,753,544
 

11/30/2014 $615,412 $441,974 $345,926 $260,014 $94,115
 $1,757,442

12/31/2014 $580,077 $340,485 $503,726 $238,248 $97,206 $1,759,741
 

1/31/2015 $611,275 $425,141 $371,869 $264,084 $98,207
 $1,770,575

2/28/2015 $610,002 $445,535 $356,354 $269,810 $93,218 $1,774,919
 

3/31/2015 $565,628 $338,350 $495,632 $241,224 $96,541
 $1,737,374

4/30/2015 $564,264 $439,606 $350,540 $258,376 $90,277 $1,703,063
 

5/31/2015 $576,506 $452,573 $344,676 $259,007 $91,551
 $1,724,313

6/30/2015 $540,883 $357,401 $451,851 $244,854 $92,747 $1,687,736
 

7/31/2015 $572,594 $459,559 $338,105 $261,556 $95,776
 $1,727,591

9/30/2015

8/31/2015 $573,424 $461,532 $366,240 $252,335 $99,382 $1,752,914
 

$518,770 $318,150 $567,599 $231,523 $98,308
 $1,734,350
   

                 

  

           

          

Page | 14

40%

45%

50%

55%

60%

Proportion of Non‐Government Securitiesin all Taxable Funds, Amortized Cost

Proportion of Non‐Government Securities in

all Taxable Funds, Amortized Cost

9/30/2013

10/31/2013

11/30/2013

12/31/2013

1/31/2014

2/28/2014

3/31/2014

4/30/2014

5/31/2014

6/30/2014

7/31/2014

8/31/2014

9/30/2014

10/31/2014

11/30/2014

12/31/2014

1/31/2015

2/28/2015

3/31/2015

4/30/2015

5/31/2015

6/30/2015

7/31/2015

8/31/2015

9/30/2015

48.5%

49.5%

51.4%

45.7%

50.7%

50.5%

47.8%

49.9%

52.0%

47.7%

51.0%

51.7%

47.8%

52.0%

51.7%

44.8%

50.5%

51.5%

45.3%

50.7%

51.4%

45.9%

50.8%

49.8%

42.4%
   

         

  

     

   

   

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

Page | 15

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

Billions

All MMF Repo with Federal Reserve

All MMF Total

Federal Reserve

Repo (Billions)

9/30/2013 $50.7

10/31/2013 $11.8

11/30/2013 $15.2

12/31/2013 $154.6

1/31/2014 $85.7

2/28/2014 $98.5

3/31/2014 $184.1

4/30/2014 $152.2

5/31/2014 $143.4

6/30/2014 $295.2

7/31/2014 $123.3

8/31/2014 $150.4

9/30/2014 $294.4

10/31/2014 $169.6

11/30/2014 $165.5

12/31/2014 $371.1

1/31/2015 $173.2

2/28/2015 $200.9

3/31/2015 $366.7

4/30/2015 $121.2

5/31/2015 $149.0

6/30/2015 $372.2

7/31/2015 $129.4

8/31/2015 $143.9

9/30/2015 $414.4
   

           

               

                      

Page | 16

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Percent of Total Amortized Cost

Trend in Longer‐Maturity Securities in Prime MMFs

Maturities 60 days and over Maturities 180 days and over

Maturities 60 days and over Maturities 180 days and over

9/30/2013

10/31/2013

11/30/2013

12/31/2013

1/31/2014

2/28/2014

3/31/2014

4/30/2014

5/31/2014

6/30/2014

7/31/2014

8/31/2014

9/30/2014

10/31/2014

11/30/2014

12/31/2014

1/31/2015

2/28/2015

3/31/2015

4/30/2015

5/31/2015

6/30/2015

7/31/2015

8/31/2015

9/30/2015

44.2%

45.3%

46.5%

43.6%

42.8%

44.4%

44.6%

43.1%

44.9%

44.8%

42.3%

41.6%

43.5%

45.5%

45.8%

41.6%

42.4%

44.0%

44.0%

42.2%

40.7%

41.7%

41.4%

36.9%

38.3%

11.3%

11.7%

12.0%

11.2%

12.0%

12.7%

12.3%

12.2%

11.6%

12.0%

12.1%

11.4%

11.1%

11.8%

11.8%

12.0%

11.6%

11.6%

11.4%

11.2%

10.0%

10.6%

10.9%

9.6%

8.8%
   

                 

             

                 

              

Page | 17
 

If you have any questions or comments about Money

Market Fund Statistics, please contact Sharon Pichler

and Isaac Kuznits, in the Risk and Examinations Office

(REO) of the Division of Investment Management, at

Form‐NMFP@sec.gov.