Chart 2
Half of Banking Organization-Sponsored Money Market Mutual Funds Yield Under 50 Basis Points
Money Market Mutual Fund Yield Number of Funds Amount of Funds ($ Billions)
Under .25% 115 $ 36
.25% to .49% 234 $ 119
.50% to .74% 214 $ 192
.75% to .99% 140 $ 381
1% and Over 1 $ 3

Monthly average net yield and balances for banking organization-sponsored funds as of March 2004. The March monthly net yield for banking organization-sponsored funds is 0.50% and 0.47% for non-bank sponsored funds.

Source: iMoneyNet, Inc.