Money markets saw the biggest inflows since April ’20 – BofA

Money markets funds saw the biggest inflow in cash since April 2020, up 11.4%, this week, according to BofA Securities data.

FICC inflows to money markets are up about 1.5% in assets under management to $208.5B year-to-date, and up 2.3% year-to-date.

Here are some of the top money market funds:

• Vanguard Federal Money Market Fund (VMFXX)
• Schwab Value Advantage Money Fund (SWVXX)
• JPMorgan Prime Money Market Fund (VMVXX)
• Invesco Government Money Market Fund (INAXX)
• Fidelity Money Market Fund (SPRXX)
• Vanguard Municipal Money Market Fund (VMSXX)