MUNICASH INSTITUTIONAL

MCSXX

Tax-ExemptInstitutional
7-day Yield
#488
2.86%
as of 10/31/2025
Net assets
$3.4B
Expense ratio
0.00%
WAM
6
WAL
6
Minimum
$3M
Holding details
84% Variable Rate Demand Notes
11% Tender Option Bonds
5% Other Money Market Funds
as of 10/31/2025

Performance

Portfolio Securities

SecurityYield%
State of Texas3.47%3.12%
New York State Dormitory Authority3.35%2.30%
Illinois Finance Authority3.32%2.01%
City of Houston Combined Utility System3.29%2.00%
Iowa Finance Authority3.50%1.82%
Board of Governors of Colorado State University System3.25%1.77%
San Antonio Water System3.99%1.71%
Loudoun County Economic Development Authority3.17%1.66%
Harris County Cultural Education Facilities Finance Corp.3.44%1.62%
Sports & Exhibition Authority of Pittsburgh & Allegheny County3.27%1.55%
South Carolina Jobs-Economic Development Authority3.24%1.52%
University of Colorado Hospital Authority3.39%1.36%
City of New York3.93%1.30%
City of Colorado Springs Utilities System3.26%1.27%
County of Franklin3.12%1.26%
Illinois Finance Authority3.42%1.24%
Michigan State Hospital Finance Authority3.39%1.24%
City of Philadelphia3.19%1.18%
City of West Palm Beach Utility System3.37%1.08%
County of Hennepin3.17%1.08%
Connecticut State Health & Educational Facilities Authority3.42%1.07%
City of Jacksonville3.47%1.05%
Connecticut Housing Finance Authority3.36%1.05%
New York City Municipal Water Finance Authority3.93%1.05%
Wisconsin Health & Educational Facilities Authority4.03%1.03%
Illinois Finance Authority3.17%1.03%
County of Franklin3.12%1.02%
Harris County Cultural Education Facilities Finance Corp.3.42%1.01%
Mississippi Business Finance Corp.3.93%0.93%
City of Houston Combined Utility System3.29%0.93%
Metropolitan Transportation Authority Dedicated Tax Fund3.20%0.91%
South Dakota Housing Development Authority3.25%0.90%
Highlands County Health Facilities Authority3.24%0.89%
Arizona Industrial Development Authority3.22%0.86%
Wisconsin Health & Educational Facilities Authority3.19%0.83%
University of Colorado Hospital Authority3.22%0.81%
Connecticut Housing Finance Authority3.23%0.81%
Connecticut Housing Finance Authority3.35%0.80%
New York City Transitional Finance Authority Future Tax Secured3.34%0.79%
Tarrant County Cultural Education Facilities Finance Corp.3.37%0.78%
Metropolitan Transportation Authority3.93%0.77%
University of Colorado Hospital Authority4.03%0.77%
City of New York3.93%0.75%
Minnesota Housing Finance Agency3.20%0.73%
New York City Municipal Water Finance Authority3.93%0.73%
Harris County Cultural Education Facilities Finance Corp.3.26%0.73%
Pennsylvania Higher Educational Facilities Authority3.93%0.73%
County of King3.88%0.73%
Connecticut Housing Finance Authority3.21%0.72%
Illinois Finance Authority3.37%0.70%
Mississippi Business Finance Corp.3.93%0.70%
State of Texas3.27%0.68%
Utah Water Finance Agency3.37%0.67%
Durham Housing Authority3.27%0.67%
University of California3.24%0.62%
Wyoming Community Development Authority3.16%0.61%
Harris County Cultural Education Facilities Finance Corp.3.42%0.61%
Metropolitan Transportation Authority3.93%0.59%
Virginia Commonwealth University Health System Authority4.03%0.59%
District of Columbia Water & Sewer Authority3.93%0.59%
Arizona Board of Regents3.20%0.59%
Iowa Finance Authority3.42%0.58%
Pennsylvania Higher Educational Facilities Authority4.08%0.57%
New York City Transitional Finance Authority3.41%0.56%
Mississippi Business Finance Corp.3.93%0.55%
New York City Transitional Finance Authority Future Tax Secured3.93%0.55%
Connecticut Housing Finance Authority3.22%0.55%
City of Columbus Sewerage3.40%0.53%
Louisiana Public Facilities Authority3.37%0.52%
New York City Transitional Finance Authority Future Tax Secured3.93%0.48%
Board of Regents of the University of Texas System3.28%0.47%
Arizona Industrial Development Authority3.22%0.47%
Philadelphia Gas Works Co.3.34%0.41%
South Carolina Public Service Authority3.45%0.39%
Iowa Finance Authority3.28%0.39%
Iowa Finance Authority3.22%0.39%
Empire State Development Corp.3.27%0.37%
City of Colorado Springs Utilities System3.39%0.37%
Wisconsin Housing & Economic Development Authority Home Ownership3.20%0.36%
New York City Transitional Finance Authority Future Tax Secured3.93%0.35%
Iowa Finance Authority3.22%0.35%
Emmaus General Authority3.27%0.33%
Iowa Finance Authority3.22%0.33%
Nebraska Investment Finance Authority3.35%0.33%
Minnesota Housing Finance Agency3.22%0.32%
JEA Water & Sewer System3.25%0.32%
New York City Municipal Water Finance Authority3.93%0.32%
Illinois Housing Development Authority3.22%0.32%
Idaho Health Facilities Authority4.03%0.32%
South Dakota Housing Development Authority3.25%0.32%
Rhode Island Health & Educational Building Corp.3.37%0.31%
Rhode Island Health & Educational Building Corp.3.29%0.30%
Orange County Health Facilities Authority3.34%0.30%
New York State Housing Finance Agency3.37%0.30%
Massachusetts Water Resources Authority3.24%0.29%
Hampton Roads Sanitation District3.37%0.29%
New York City Municipal Water Finance Authority3.94%0.29%
Illinois Housing Development Authority3.25%0.29%
South Carolina Jobs-Economic Development Authority3.24%0.29%
Arizona Industrial Development Authority3.22%0.28%
New York City Housing Development Corp.3.17%0.28%
Massachusetts Water Resources Authority3.17%0.25%
County of Sandoval3.22%0.25%
Connecticut Housing Finance Authority3.35%0.25%
Wisconsin Housing & Economic Development Authority3.35%0.24%
Colorado Health Facilities Authority3.17%0.23%
County of Arapahoe3.26%0.22%
Massachusetts Water Resources Authority4.42%0.22%
Ohio State University (The)3.07%0.22%
Florida Housing Finance Corp.3.30%0.21%
University of Michigan3.05%0.21%
Cobb County Kennestone Hospital Authority3.26%0.21%
Mississippi Business Finance Corp.3.17%0.20%
JEA Water & Sewer System3.39%0.20%
New York City Municipal Water Finance Authority3.93%0.20%
City of New York3.93%0.20%
Public Finance Authority3.93%0.19%
Louisiana Public Facilities Authority3.37%0.19%
Maryland Health & Higher Educational Facilities Authority3.98%0.16%
Oregon State Facilities Authority3.31%0.15%
Wisconsin Housing & Economic Development Authority Home Ownership3.22%0.15%
Wisconsin Housing & Economic Development Authority Housing3.31%0.15%
State of New York Mortgage Agency Homeowner Mortgage3.13%0.14%
Port Arthur Navigation District3.43%0.13%
New York City Housing Development Corp.3.17%0.13%
Durham Housing Authority3.31%0.13%
New York City Municipal Water Finance Authority3.97%0.12%
Connecticut State Housing Finance Authority3.32%0.11%
South Carolina Jobs-Economic Development Authority3.34%0.11%
Vermont Housing Finance Agency3.32%0.09%
City of Colorado Springs Utilities System3.17%0.04%
State of Texas3.25%0.04%
County of Allen3.27%0.02%
North Dakota Housing Finance Agency3.33%0.02%
District of Columbia3.27%0.02%
North Dakota Housing Finance Agency3.20%0.02%
District of Columbia4.03%0.01%
Alaska Housing Finance Corp.3.25%0.00%
Missouri State Health & Education Facilities Authority, Tender Option Bond Trust Receipts/Certificates1.24%1.66%
Chicago Transit Authority, Tender Option Bond Trust Receipts/Certificates3.22%0.73%
District of Columbia Water & Sewer Authority3.93%0.73%
Federal Home Loan Mortgage Corp., Tender Option Bond Trust Receipts/Certificates2.63%0.70%
Oglethorpe Power Corp., Tender Option Bond Trust Receipts/Certificates3.24%0.59%
Baltimore Waste Water, Tender Option Bond Trust Receipts/Certificates2.58%0.57%
South Carolina Jobs Economic Development, Tender Option Bond Trust Receipts/Certificates3.24%0.56%
New York City Transitional Finance Authority, Tender Option Bond Trust Receipts/Certificates2.52%0.49%
National Finance Authority, Tender Option Bond Trust Receipts/Certificates3.25%0.44%
Cape Coral, Water & Sewer System, Tender Option Bond Trust Receipts/Certificates3.22%0.36%
San Antonio, Tender Option Bond Trust Receipts/Certificates2.53%0.34%
St. Louis County, Tender Option Bond Trust Receipts/Certificates3.22%0.31%
Allen County Ohio Hospital Facilities, Tender Option Bond Trust Receipts/Certificates3.24%0.30%
Pennsylvania Housing Finance Agency, Tender Option Bond Trust Receipts/Certificates3.22%0.30%
University Hospitals Health Systems, Inc., Tender Option Bond Trust Receipts/Certificates3.22%0.29%
Ohio State Hospital, Tender Option Bond Trust Receipts/Certificates3.23%0.26%
Alaska Industrial Development & Export Authority, Tender Option Bond Trust Receipts/Certificates3.23%0.26%
South Carolina Public Service Authority, Tender Option Bond Trust Receipts/Certificates3.22%0.26%
County of Allen, Tender Option Bond Trust Receipts/Certificates3.25%0.25%
South Carolina Public Service Authority, Tender Option Bond Trust Receipts/Certificates3.22%0.22%
Corpus Christi Texas Utility System, Tender Option Bond Trust Receipts/Certificates3.22%0.19%
Connecticut State Housing Finance Authority, Tender Option Bond Trust Receipts/Certificates3.23%0.19%
Norfolk Economic Development Authority, Tender Option Bond Trust Receipts/Certificates3.22%0.18%
New York City Tranitional Financing Authority, Tender Option Bond Trust Receipts/Certificates2.25%0.17%
Tennessee Housing Development Agency Resident, Tender Option Bond Trust Receipts/Certificates3.22%0.16%
Lower Colorado River Authority, Tender Option Bond Trust Receipts/Certificates3.17%0.16%
Burke County Development Authority, Tender Option Bond Trust Receipts/Certificates3.24%0.15%
Lamar Consolidated Independent School District, Tender Option Bond Trust Receipts/Certificates3.22%0.15%
Norfolk Economic Development Authority, Tender Option Bond Trust Receipts/Certificates3.23%0.14%
Rhode Island Health & Education Building Corp., Tender Option Bond Trust Receipts/Certificates3.22%0.13%
Broward County Tourist Development, Tender Option Bond Trust Receipts/Certificates3.22%0.11%
Pittsburg Public Financing Authority, Tender Option Bond Trust Receipts/Certificates3.26%0.06%
Hampton Roads Transport Accountant, Tender Option Bond Trust Receipts/Certificates3.23%0.03%
Metropolitan Washington Airports Authority, Tender Option Bond Trust Receipts/Certificates3.22%0.01%
Nuveen AMT-Free Quality Municipal Income Fund3.27%2.50%
Nuveen AMT-Free Quality Municipal Income Fund2.84%1.64%
Nuveen New York AMT-Free Quality Municipal Income Fund3.26%0.88%
Nuveen New York AMT-Free Quality Municipal Income Fund3.27%0.30%