Share of Money Market Fund Shares Held by the 99th to 99.9th Wealth Percentiles
This dataset tracks share of money market fund shares held by the 99th to 99.9th wealth percentiles over time.
Latest Value
18.80
Year-over-Year Change
2.73%
Date Range
7/1/1989 - 1/1/2025
Summary
Tracks the money market fund share ownership among the top 0.1% of wealth holders. Provides insight into concentrated financial asset distribution across high-net-worth individuals.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric measures the proportion of money market fund shares held by the 99th to 99.9th wealth percentiles. It reveals investment patterns of upper-tier wealth segments.
Methodology
Calculated using Federal Reserve Survey of Consumer Finances wealth distribution data.
Historical Context
Used to analyze wealth concentration and investment strategies of high-income groups.
Key Facts
- Reflects investment behavior of top 0.1% wealth holders
- Indicates financial asset allocation strategies
- Part of comprehensive wealth distribution analysis
FAQs
Q: What does this series measure?
A: It tracks money market fund share ownership among the 99th to 99.9th wealth percentiles. Provides insight into high-net-worth investment patterns.
Q: Why are money market fund shares important?
A: They represent a low-risk, liquid investment vehicle popular among wealthy investors. Indicates short-term investment strategies.
Q: How often is this data updated?
A: Typically updated through the Federal Reserve's Survey of Consumer Finances, conducted every three years.
Q: What does this tell us about wealth distribution?
A: Reveals how financial assets are concentrated among top wealth percentiles. Provides context for economic inequality discussions.
Q: How can investors use this information?
A: Helps understand investment trends and asset allocation strategies of high-net-worth individuals.
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Citation
U.S. Federal Reserve, Share of Money Market Fund Shares Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999271), retrieved from FRED.