Money market funds assets surge by $44.75 billion

WASHINGTON, Sept. 3, 2026 /CourierPR/ -- Total assets of money market funds surged by $44.75 billion to $7.98 trillion for the week ending September 2, according to the latest data from the Investment Company Institute (ICI). This growth is primarily driven by inflows into government and prime money market funds, which saw significant increases in assets.

Government money market funds, which invest in cash, securities issued by the U.S. Treasury, and securities guaranteed by the U.S. government, recorded a $38.80 billion increase, bringing their total assets to $1.98 trillion. Prime money market funds, which typically invest in corporate debt, added $4.92 billion, reaching $993.16 billion. Tax-exempt money market funds saw a smaller gain of $1.03 billion, bringing their total assets to $137.92 billion.

Retail money market funds, which are primarily sold to the general public and include funds sold predominantly to employer-sponsored retirement plans and variable annuities, also experienced substantial growth. Retail government money market funds increased by $7.76 billion, expanding their total assets to $1.98 trillion. Prime retail money market funds added $2.78 billion, bringing their total to $993.16 billion. Tax-exempt retail money market funds saw an increase of $565 million, expanding their total assets to $137.92 billion.

In the institutional sector, which caters to large institutional investors, money market fund assets grew by $33.66 billion to $4.87 trillion. Government institutional money market funds, which invest in cash and securities issued by the U.S. Treasury, saw a $31.04 billion increase, raising their total assets to $4.60 trillion. Prime institutional money market funds added $2.15 billion, reaching $249.01 billion. Tax-exempt institutional money market funds increased by $469 million, bringing their total assets to $13.00 billion.

ICI reports these weekly data to the Federal Reserve and notes that revisions may occur due to data adjustments, reclassifications, and changes in the number of funds reporting. The organization provides the latest data on its website, offering insights into the performance of money market funds over the past 20 weeks.

The strong performance of money market funds suggests ongoing investor confidence in these financial instruments. Investors continue to seek the safety and liquidity that these funds offer, driven by economic conditions and broader market trends.