WASHINGTON, Oct. 23, 2025/ PRNewswire/– Overall cash market fund properties 1 increased by $ 30.37 billion to $ 7.40 trillion for the week ended Wednesday, October 22, the Investment firm Institute reported today. Amongst taxable cash market funds, federal government funds 2 increased by $ 24.86 billion and prime funds increased by $ 7.29 billion Tax-exempt cash market funds reduced by $ 1.78 billion
Properties of Cash Market Funds
Billions of dollars
|
10/22/2025 |
10/15/2025 |
$ Modification * |
10/8/2025 |
|
|
Federal Government |
6,043.42 |
6,018.56 |
24.86 |
6,033.52 |
|
Retail |
1,886.76 |
1,877.51 |
9.25 |
1,877.62 |
|
Institutional |
4,156.66 |
4,141.05 |
15.61 |
4,155.90 |
|
Prime |
1,214.97 |
1,207.69 |
7.29 |
1,210.96 |
|
Retail |
983.74 |
979.31 |
4.44 |
981.62 |
|
Institutional |
231.23 |
228.38 |
2.85 |
229.34 |
|
Tax-exempt |
139.30 |
141.07 |
-1.78 |
140.60 |
|
Retail |
126.86 |
128.38 |
-1.52 |
127.85 |
|
Institutional |
12.44 |
12.69 |
-0.26 |
12.75 |
|
Overall |
7,397.69 |
7,367.32 |
30.37 |
7,385.08 |
|
Retail |
2,997.36 |
2,985.19 |
12.16 |
2,987.08 |
|
Institutional |
4,400.33 |
4,382.13 |
18.20 |
4,397.99 |
* Modification in cash market fund properties is mainly driven by circulations and can be utilized as a proxy for net brand-new capital.
Note: Elements might not contribute to the overall or calculate to the $ alter due to rounding.
Retail: 3 Properties of retail cash market funds increased by $ 12.16 billion to $ 3.00 trillion Amongst retail funds, federal government cash market fund properties increased by $ 9.25 billion to $ 1.89 trillion, prime cash market fund properties increased by $ 4.44 billion to $ 983.74 billion, and tax-exempt fund properties reduced by $ 1.52 billion to $ 126.86 billion
Institutional: 3 Properties of institutional cash market funds increased by $ 18.20 billion to $ 4.40 trillion Amongst institutional funds, federal government cash market fund properties increased by $ 15.61 billion to $ 4.16 trillion, prime cash market fund properties increased by $ 2.85 billion to $ 231.23 billion, and tax-exempt fund properties reduced by $ 256 million to $ 12.44 billion
ICI reports cash market fund properties to the Federal Reserve every week. Information for previous weeks show modifications due to information changes, reclassifications, and modifications in the variety of funds reporting. Weekly cash market properties for the last 20 weeks are readily available on the ICI site.
If you have any concerns or want to demand extra talk about this or information on another subject, please contact a member of ICI’s Media Relations group at media@ici.org.
1 Information for exchange-traded funds (ETFs) and funds that invest mainly in other shared funds were left out from the series.
2 Federal government cash market funds, previously described as “Treasury (consisting of firm and repo),” are cash market funds that purchase money, securities provided by the United States Treasury (consisting of repurchase arrangements collateralized completely by United States Treasury securities), and securities provided or ensured by the United States federal government or its firms, and bought arrangements for those securities.
3 ICI categorizes funds and share classes as institutional or retail based upon language in the fund prospectus. Retail funds are offered mainly to the public and consist of funds offered primarily to employer-sponsored retirement strategies and variable annuities. Institutional funds are offered mainly to institutional financiers or institutional accounts bought by or through an organization such as a company, trustee, or fiduciary on behalf of its customers, workers, or owners. For an in-depth description of ICI categories, please see ICI Open-End Financial Investment Goal Definitions.
SOURCE Investment Firm Institute