logo
  • Arabic
  • Chinese
  • Hebrew
  • Spanish
  • Portuguese
  • Russian
  • Japan
  • India-CRISIL
  • Taiwan Ratings
  • *S&P National Ratings Brazil
  • *S&P National Ratings Mexico
  • *S&P National Ratings Argentina
  • *S&P National Ratings Uruguay
  • *S&P National Ratings Colombia
  • *S&P National Ratings Panama
  • Login
  • Reset Password
  • Register
  • Logout
  • Personal Info
  • Interests
  • Newsletters
  • Reset Password

  • Product Login

  • S&P Capital IQ Pro
  • Ratings360®





S&P Global Offerings

  • market-intelligence
    Market Intelligence

  • ratings
    Ratings

  • energy
    Energy

  • dow-jones-indices
    S&P Dow Jones Indices

Featured Topics

  • Sustainability

  • Private Markets

  • Energy Transition

  • Credit & Risk

  • Fixed Income

  • Supply Chain

  • Data & Artificial Intelligence

Featured Products

  • capital-iq-pro
    S&P Capital IQ Pro

  • energy-core
    S&P Global Energy Core

  • esg-scores
    S&P Global ESG Scores

  • ratings360
    Ratings360

  • spice
    SPICE: The Index Source for ESG Data

Events

  • Featured S&P Global Events

  • Webinar Replays

  • CERAWeek

  • S&P Global Market Intelligence

  • S&P Global Ratings

  • S&P Dow Jones Indices

  • S&P Global Mobility

  • S&P Global Energy

Careers

  • Overview

  • Our Culture

  • Our Commitment

  • Our Work

  • Search for a Job

  • S&P Global Home
  • Market Intelligence
  • Ratings
  • Energy
  • S&P Dow Jones Indices

S&P Global Offerings

  • market-intelligence
    Market Intelligence

  • ratings
    Ratings

  • energy
    Energy

  • dow-jones-indices
    S&P Dow Jones Indices

Featured Topics

  • Sustainability

  • Private Markets

  • Energy Transition

  • Credit & Risk

  • Fixed Income

  • Supply Chain

  • Data & Artificial Intelligence

Featured Products

  • capital-iq-pro
    S&P Capital IQ Pro

  • energy-core
    S&P Global Energy Core

  • esg-scores
    S&P Global ESG Scores

  • ratings360
    Ratings360

  • spice
    SPICE: The Index Source for ESG Data

Events

  • Featured S&P Global Events

  • Webinar Replays

  • CERAWeek

  • S&P Global Market Intelligence

  • S&P Global Ratings

  • S&P Dow Jones Indices

  • S&P Global Mobility

  • S&P Global Energy

Careers

  • Overview

  • Our Culture

  • Our Commitment

  • Our Work

  • Search for a Job

logo
Contact Us Login





    S&P Global Offerings

    • market-intelligence
      Market Intelligence

    • ratings
      Ratings

    • energy
      Energy

    • dow-jones-indices
      S&P Dow Jones Indices

    Featured Topics

    • Sustainability

    • Private Markets

    • Energy Transition

    • Credit & Risk

    • Fixed Income

    • Supply Chain

    • Data & Artificial Intelligence

    Featured Products

    • capital-iq-pro
      S&P Capital IQ Pro

    • energy-core
      S&P Global Energy Core

    • esg-scores
      S&P Global ESG Scores

    • ratings360
      Ratings360

    • spice
      SPICE: The Index Source for ESG Data

    Events

    • Featured S&P Global Events

    • Webinar Replays

    • CERAWeek

    • S&P Global Market Intelligence

    • S&P Global Ratings

    • S&P Dow Jones Indices

    • S&P Global Mobility

    • S&P Global Energy

    Careers

    • Overview

    • Our Culture

    • Our Commitment

    • Our Work

    • Search for a Job

    • S&P Global Home
    • Market Intelligence
    • Ratings
    • Energy
    • S&P Dow Jones Indices

    S&P Global Offerings

    • market-intelligence
      Market Intelligence

    • ratings
      Ratings

    • energy
      Energy

    • dow-jones-indices
      S&P Dow Jones Indices

    Featured Topics

    • Sustainability

    • Private Markets

    • Energy Transition

    • Credit & Risk

    • Fixed Income

    • Supply Chain

    • Data & Artificial Intelligence

    Featured Products

    • capital-iq-pro
      S&P Capital IQ Pro

    • energy-core
      S&P Global Energy Core

    • esg-scores
      S&P Global ESG Scores

    • ratings360
      Ratings360

    • spice
      SPICE: The Index Source for ESG Data

    Events

    • Featured S&P Global Events

    • Webinar Replays

    • CERAWeek

    • S&P Global Market Intelligence

    • S&P Global Ratings

    • S&P Dow Jones Indices

    • S&P Global Mobility

    • S&P Global Energy

    Careers

    • Overview

    • Our Culture

    • Our Commitment

    • Our Work

    • Search for a Job

    Language

    • Arabic
    • Chinese
    • Hebrew
    • Spanish
    • Portuguese
    • Russian
    • Japan
    • India-CRISIL
    • Taiwan Ratings
    • *S&P National Ratings Brazil
    • *S&P National Ratings Mexico
    • *S&P National Ratings Argentina
    • *S&P National Ratings Uruguay
    • *S&P National Ratings Colombia
    • *S&P National Ratings Panama

    • Login
    • Reset Password
    • Register
    • Logout
    • Personal Info
    • Interests
    • Newsletters
    • Reset Password

    • Product Login

    • S&P Capital IQ Pro
    • Ratings360®
    • Ratings
    Need a Rating?


    • All Products
    I Need A Solution For
    See All Products
    See All Products

    • Ratings

    • Assessments

    • Sustainable Finance

    • Fund Ratings

    • Digital Assets

    • Private Markets

    Product Login

    • S&P Capital IQ Pro

    • Ratings360®


    • All Products

    I Need A Solution For

    See All Products
    See All Products
    • Ratings

    • Assessments

    • Sustainable Finance

    • Fund Ratings

    • Digital Assets

    • Private Markets

    Product Login

    • S&P Capital IQ Pro

    • Ratings360®


    • Latest Research



    • Podcasts & Videos
    • Newsletters
    • Blog
    Featured

    • Geopolitical Risk

    • Digital Infrastructure


    Topics
    See All Topics
    See All Topics

    • AI

    • Cyber Risk in a New Era

    • Digital Assets

    • Energy & Climate Resilience

    • Geopolitical Risk

    • Islamic Finance

    • Leveraged Finance & CLOs Uncovered

    • Outlooks

    • The Future of Banking

    Emerging and Established Risks
    See All Credit Research & Insights
    See All Credit Research & Insights

    • Credit Market Research

    • Credit Conditions

    • Global Credit Outlook 2026

    • Economic Research

    • Emerging Markets

    • Sustainability Insights

    • Private Markets

    • Climate Finance in Lower-Income Countries

    Sectors

    • Corporates

    • Financial Institutions

    • Fund Ratings

    • Governments

    • Infrastructure

    • Insurance

    • Project Finance

    • Structured Finance

    • U.S. Public Finance




    • Latest Research
    • Podcasts & Videos
    • Newsletters
    • Blog

    Featured

    • Geopolitical Risk

    • Digital Infrastructure

    Topics

    See All Topics
    See All Topics
    • AI

    • Cyber Risk in a New Era

    • Digital Assets

    • Energy & Climate Resilience

    • Geopolitical Risk

    • Islamic Finance

    • Leveraged Finance & CLOs Uncovered

    • Outlooks

    • The Future of Banking

    Emerging and Established Risks

    See All Credit Research & Insights
    See All Credit Research & Insights
    • Credit Market Research

    • Credit Conditions

    • Global Credit Outlook 2026

    • Economic Research

    • Emerging Markets

    • Sustainability Insights

    • Private Markets

    • Climate Finance in Lower-Income Countries

    Sectors

    • Corporates

    • Financial Institutions

    • Fund Ratings

    • Governments

    • Infrastructure

    • Insurance

    • Project Finance

    • Structured Finance

    • U.S. Public Finance




    • Request for Comment
    • Find A Rating
    • Sovereign Risk Indicators
    Published Reports

    • Ratings Actions

    • Presale Reports

    • Press Releases

    • Annual Reviews

    About Credit Ratings

    • Understanding Credit Ratings

    • How We Rate Emerging & Frontier Markets

    • Credit Rating History

    • Ratings Definitions

    • Understanding National Scale Ratings

    Criteria & Models

    • Ratings Criteria & Models

    • Significant Criteria & Model Errors




    • Request for Comment
    • Find A Rating
    • Sovereign Risk Indicators

    Published Reports

    • Ratings Actions

    • Presale Reports

    • Press Releases

    • Annual Reviews

    About Credit Ratings

    • Understanding Credit Ratings

    • How We Rate Emerging & Frontier Markets

    • Credit Rating History

    • Ratings Definitions

    • Understanding National Scale Ratings

    Criteria & Models

    • Ratings Criteria & Models

    • Significant Criteria & Model Errors


    • See All Events
    Featured Events

    • European Structured Finance Conference 2026
      European Structured Finance Conference 2026

    • Americas Structured Finance Conference 2026
      Americas Structured Finance Conference 2026

    Featured

    • alt
      New Event*

    • alt
      New Event*

    • See All Events

    Featured Events

    • European Structured Finance Conference 2026
      European Structured Finance Conference 2026

    • Americas Structured Finance Conference 2026
      Americas Structured Finance Conference 2026

    Featured

    • alt
      New Event*

    • alt
      New Event*


    Regulatory

    • Disclosures

    • Form NRSRO

    • Policies & Code of Conduct

    • Significant Criteria & Model Errors

    • Credit Rating History

    • SEC Rule 17g-7 Reports

    • Ratings Definitions

    • Ratings Criteria & Models

    Regulatory

    • Disclosures

    • Form NRSRO

    • Policies & Code of Conduct

    • Significant Criteria & Model Errors

    • Credit Rating History

    • SEC Rule 17g-7 Reports

    • Ratings Definitions

    • Ratings Criteria & Models

    S&P Global / Ratings


    • All Products
    I Need A Solution For
    See All Products
    See All Products

    • Ratings

    • Assessments

    • Sustainable Finance

    • Fund Ratings

    • Digital Assets

    • Private Markets

    Product Login

    • S&P Capital IQ Pro

    • Ratings360®


    • All Products

    I Need A Solution For

    See All Products
    See All Products
    • Ratings

    • Assessments

    • Sustainable Finance

    • Fund Ratings

    • Digital Assets

    • Private Markets

    Product Login

    • S&P Capital IQ Pro

    • Ratings360®


    • Latest Research



    • Podcasts & Videos
    • Newsletters
    • Blog
    Featured

    • Geopolitical Risk

    • Digital Infrastructure


    Topics
    See All Topics
    See All Topics

    • AI

    • Cyber Risk in a New Era

    • Digital Assets

    • Energy & Climate Resilience

    • Geopolitical Risk

    • Islamic Finance

    • Leveraged Finance & CLOs Uncovered

    • Outlooks

    • The Future of Banking

    Emerging and Established Risks
    See All Credit Research & Insights
    See All Credit Research & Insights

    • Credit Market Research

    • Credit Conditions

    • Global Credit Outlook 2026

    • Economic Research

    • Emerging Markets

    • Sustainability Insights

    • Private Markets

    • Climate Finance in Lower-Income Countries

    Sectors

    • Corporates

    • Financial Institutions

    • Fund Ratings

    • Governments

    • Infrastructure

    • Insurance

    • Project Finance

    • Structured Finance

    • U.S. Public Finance




    • Latest Research
    • Podcasts & Videos
    • Newsletters
    • Blog

    Featured

    • Geopolitical Risk

    • Digital Infrastructure

    Topics

    See All Topics
    See All Topics
    • AI

    • Cyber Risk in a New Era

    • Digital Assets

    • Energy & Climate Resilience

    • Geopolitical Risk

    • Islamic Finance

    • Leveraged Finance & CLOs Uncovered

    • Outlooks

    • The Future of Banking

    Emerging and Established Risks

    See All Credit Research & Insights
    See All Credit Research & Insights
    • Credit Market Research

    • Credit Conditions

    • Global Credit Outlook 2026

    • Economic Research

    • Emerging Markets

    • Sustainability Insights

    • Private Markets

    • Climate Finance in Lower-Income Countries

    Sectors

    • Corporates

    • Financial Institutions

    • Fund Ratings

    • Governments

    • Infrastructure

    • Insurance

    • Project Finance

    • Structured Finance

    • U.S. Public Finance




    • Request for Comment
    • Find A Rating
    • Sovereign Risk Indicators
    Published Reports

    • Ratings Actions

    • Presale Reports

    • Press Releases

    • Annual Reviews

    About Credit Ratings

    • Understanding Credit Ratings

    • How We Rate Emerging & Frontier Markets

    • Credit Rating History

    • Ratings Definitions

    • Understanding National Scale Ratings

    Criteria & Models

    • Ratings Criteria & Models

    • Significant Criteria & Model Errors




    • Request for Comment
    • Find A Rating
    • Sovereign Risk Indicators

    Published Reports

    • Ratings Actions

    • Presale Reports

    • Press Releases

    • Annual Reviews

    About Credit Ratings

    • Understanding Credit Ratings

    • How We Rate Emerging & Frontier Markets

    • Credit Rating History

    • Ratings Definitions

    • Understanding National Scale Ratings

    Criteria & Models

    • Ratings Criteria & Models

    • Significant Criteria & Model Errors


    • See All Events
    Featured Events

    • European Structured Finance Conference 2026
      European Structured Finance Conference 2026

    • Americas Structured Finance Conference 2026
      Americas Structured Finance Conference 2026

    Featured

    • alt
      New Event*

    • alt
      New Event*

    • See All Events

    Featured Events

    • European Structured Finance Conference 2026
      European Structured Finance Conference 2026

    • Americas Structured Finance Conference 2026
      Americas Structured Finance Conference 2026

    Featured

    • alt
      New Event*

    • alt
      New Event*


    Regulatory

    • Disclosures

    • Form NRSRO

    • Policies & Code of Conduct

    • Significant Criteria & Model Errors

    • Credit Rating History

    • SEC Rule 17g-7 Reports

    • Ratings Definitions

    • Ratings Criteria & Models

    Regulatory

    • Disclosures

    • Form NRSRO

    • Policies & Code of Conduct

    • Significant Criteria & Model Errors

    • Credit Rating History

    • SEC Rule 17g-7 Reports

    • Ratings Definitions

    • Ratings Criteria & Models

    Ratings
    Need a Rating?
    Need a Rating?

    • / Research
    • / Sectors
    • / Fund Ratings
    • Sectors

    Fund Ratings

    The funds industry’s continued growth and expansion to an ever increasing number of investors has been met with rising pressures for greater transparency, with many investors taking a progressive interest in the assessment of the risks facing both the funds and their managers. Our dedicated funds research page provides key industry analysis, insights and trends on the factors affecting the market today.

    ON THIS PAGE

    • Top Research
    • Featured Products
    • Latest Insights
    • Contact Us

    U.S. Domestic 'AAAm' Money Market Fund Trends (Second-Quarter 2026)

    S&P Global Ratings' 'AAAm' money market fund (MMF) indicators are metrics of U.S. domestic managed funds that seek to maintain principal value and limit exposure to principal losses due to credit risk, as defined in our principal stability fund ratings (PSFR) criteria. These MMF indicators provide a benchmarking tool of the 'A-1+' credit quality, portfolio composition, maturity distribution, net asset movements, and yields of 'AAAm' principal stability rated funds.

    View Full Report
    Digital Infrastructure
    S&P Global Ratings believes that the Middle East war, depending on duration and scale, could have long-lasting effects on commodities and financing conditions, global supply chains, and macro-credit conditions more broadly.
    Explore All Coverage

    Access our most recent Ratings Actions.

    View Now

    Featured Products


    Latest Research & Insights

    Talk to an Expert

    Learn more about Fund Ratings

    Please fill out the form so we can connect you to the right person.

    • Follow Us


    • About S&P Global Ratings
    • Media Center
    • CRISIL
    • Contact Us

    • Our Values
    • Our History
    • Ventures
    • Press Center
    • Investor Relations
    • News Releases
    • Quarterly Earnings
    • SEC Filings & Reports
    • Contact Customer Care & Sales
    • Support by Division
    • Report an Ethics Concern
    • Office Locations
    • Careers
    • Corporate Responsibility
    • Leadership
    • IOSCO ESG Rating & Data Product Statements

    • Legal Disclaimers
    • Terms of Use
    • Cookie Notice
    • Privacy Policy
    • Client Privacy Portal
    • Do Not Sell or Share My Personal Information
    • © {year} S&P Global