Edward Jones Money Market Fund - Retirement Shares
JRSXX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 12555 Manchester Road ST. Louis MO 63131
- IPO Date
- Apr 17, 2023
- CIK
- 0000314650
- Website
- edwardjones.com
- Similar Companies
- Business
- Edward Jones Money Market Fund - Retirement Shares (JRSXX) is a government money market mutual fund that seeks to maintain a stable net asset value of $1.00 per share while providing current income consistent with stability of principal by investing primarily in a portfolio of short-term U.S. Treasury and government securities maturing in 397 days or less, as well as repurchase agreements fully collateralized by such securities; at least 99.5% of its total assets are invested in cash, U.S. government securities or fully collateralized repurchase agreements, positioning it as a government money market fund exempt from certain liquidity fee and redemption gate requirements under Rule 2a-7 of the Investment Company Act of 1940. The Fund offers Retirement Shares (ticker: JRSXX) exclusively to customers of Edward D. Jones & Co., L.P. (Edward Jones), alongside Investment Shares (ticker: JNSXX), with Retirement Shares featuring a total annual operating expense ratio of approximately 0.90%, including a 0.41% management fee and other expenses of 0.49%; as of late 2025, the Fund manages total assets of $31.8 billion, a 7-day current yield of around 3.14%, and top holdings including repurchase agreements with The Bank of New York Mellon (11.65%), Fixed Income Clearing Corp. (6.39%), and various U.S. Treasury Bills (aggregating over 13%). Established in 1980 as a diversified open-end management investment company under Massachusetts law and headquartered at 12555 Manchester Road, Saint Louis, Missouri 63131, the Fund is managed by Passport Research, Ltd. (Passport), in which Edward Jones holds a significant equity interest as limited partner, with sub-advisory support historically from Federated Investment Management Company; it operates within the taxable money market category, targeting individual investors, retirement plans, advisory solutions accounts, and guided solutions accounts through Edward Jones' branch network spanning the United States and Canada. In recent years, the Fund has maintained operational continuity amid broader Edward Jones strategic developments, including a 2016 restructuring where Federated Investment Management Company transferred its general partnership interest in Passport to a wholly owned subsidiary of The Jones Financial Companies, L.L.L.P., prompting shareholder approvals for new investment management agreements and a manager-of-managers structure; more recently, Edward Jones announced in June 2025 its intent to acquire Natixis Investment Managers' overlay management services capabilities to enhance unified managed account implementation, direct indexing, and investment expertise for clients, alongside expansions in April 2025 to alternative investments like private equity, private credit, and private real estate for high-net-worth clients via its Edward Jones Generations program, and in November 2025 plans for a record $1.25 billion limited partnership offering introducing a new Class B tier to broaden employee ownership toward a majority stake for limited partners.