U.S. Money Market Funds: 4Q23 - Fitch Ratings

Jan 31, 2024 · Total MMF Assets Increase: Total taxable money market fund (MMF) assets increased by $219.5 billion from September 30, 2023 to December 31, 2023, according to Crane Data. Government MMFs gained $88.6 billion in assets during this period, prime MMFs gained …

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U.S. Money Market Funds: 4Q23 - Fitch Ratings

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Fitch Affirms Six UBS Money Market Funds At 'AAAmmf' - Fitch …

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1 day ago · Fitch Affirms 'AAAmmf' Ratings on 61 US Money Market Funds; $751 Billion in Assets Affected ... Fitch Affirms Ratings on 110 Money Market Funds with $1.3 Trillion in Assets ; …

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Large Middle Market Default Rate Highest On Record, Fitch Ratings

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Feb 5, 2024 · The default rate for Large Middle Market (LMM) issuers within Fitch’s leveraged loan universe reached 5.5% for 2023, the highest rate within Fitch’s data going back to 2007. …

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7 Best Money Market Funds To Buy For 2025 | Investing | U.S

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Dec 20, 2024 · Money market funds are a special type of mutual fund designed for safety and stability. Their net asset value, or NAV , is typically pegged at $1 per share, making them a …

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U.S. Middle Market Chart Book: 4Q23 (Large Middle ... - Fitch Ratings

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Feb 2, 2024 · The next highest annual default rates are 4.6% and 4.0% in 2009 and 2020, respectively, corresponding to the financial crisis and the coronavirus pandemic. Meanwhile in …

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U.S. Money Market Funds: 1Q24 - Fitch Ratings

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Apr 29, 2024 · Total MMF Assets Increase: Total taxable money market fund (MMF) assets increased by $100.1 billion to $6.3 trillion from December 31, 2023 to March 31, 2024, …

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US Money Market Funds 3Q24 - Fitch Ratings

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Nov 6, 2024 · US Money Market Funds 3Q24. Wed 06 Nov, 2024 - 4:18 PM ET. Total MMF Assets Increase: Total taxable money market fund (MMF) assets increased by $274.3 billion …

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FAQs about U.S. Money Market Funds: 4Q23 - Fitch Ratings Coupon?

Should you invest with Schwab instead of fidelity?

If you're investing with Schwab instead of Fidelity, SWVXX is the money market fund to consider. As with SPRXX, SWVXX is a prime money market fund, holding the usual Treasurys, repurchase agreements, time deposits and commercial paper. ...

What is a MMF rating?

For MMFs, a rating is a forward-looking opinion about the overall risk profile of a fund. It reflects an agency’s views of the principal stability of a fund, the credit risks of its portfolio investments, the level of counterparty risk, as well as its liquidity and the risk of a fund manager’s ability to maintain a fund’s current credit quality. ...

Is Schwab swkxx a good investment?

SWKXX charges a reasonable 0.34% expense ratio, in line with Schwab's other money market funds. It currently delivers a 2.5% seven-day SEC yield. If you have at least $1 million to invest, you can earn an even higher yield with the Schwab California Municipal Money Fund - Ultra Shares (SCAXX). ...

Will a US sovereign debt downgrade affect MMF ratings?

As such, a one-notch downgrade for US sovereign debt—with all else remaining equal—is unlikely to result in a negative change to MMF ratings, even for Treasury and government MMFs where the US government makes up a large portion of the issuer exposure of the fund. ...

How does the MMF assess credit risk?

Aggregate Credit Risk and Maturity Assessment: The MMF’s credit risk may be weighted by the aggregated percentage of investments held at each rating level and is further differentiated by remaining maturity. Historical default and transition data of long-term and short-term ratings can also be integrated at this stage. ...

What is a money market fund?

The Fund is a money market fund that seeks to maintain a stable price of $1.00 per share. To do this, the Fund invests in a diversified portfolio of high-quality US government money market instruments and in related repurchase agreements. The Fund is a "feeder fund" that invests in securities through an underlying "master fund." ...