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BlackRock Cash Funds & SGOV Yields

Latest rate data:

Money Market Funds

3.87%

30-day SEC yield

Expense Ratio
0.20%
Minimum Investment
Share price / broker rules
Observed change
+0.24 pp
Updated
Oct 15
State tax · 2025

U.S. government income: 0.09%. BlackRock 2025 tax report

No exemption in California, Connecticut or New York; the fund does not meet their thresholds. Other state rules apply.

Rate history
Last observed SEC yield 3.87% on Oct 15, 2026; up 0.24 percentage points since Jul 15, 2026.
3.25%3.50%3.75%4.00%4.25%Jul 15Aug 15Sep 15Oct 15

BLF Treasury Trust

Money Market Fund • TTTXX

3.81%

7-day SEC yield

Expense Ratio
0.17%
Minimum Investment
$3,000,000
Observed change
+0.27 pp
Updated
Oct 14
There is no minimum investment for client on Merrill Edge
State tax · 2025

U.S. government income: 95.2%. BlackRock 2025 tax report

Meets the California, Connecticut and New York fund thresholds. State rules apply.

Rate history
Last observed SEC yield 3.81% on Oct 14, 2026; up 0.27 percentage points since Jul 14, 2026.
3.25%3.50%3.75%4.00%4.25%Jul 14Aug 4Sep 18Oct 14

3.73%

30-day SEC yield

Expense Ratio
0.09%
Minimum Investment
Share price / broker rules
Observed change
+0.17 pp
Updated
Oct 15
State tax · 2025

U.S. government income: 95.14%. BlackRock 2025 tax report

Meets the California, Connecticut and New York fund thresholds. State rules apply.

Rate history
Last observed SEC yield 3.73% on Oct 15, 2026; up 0.17 percentage points since Jul 15, 2026.
3.25%3.50%3.75%4.00%4.25%Jul 15Aug 15Sep 15Oct 15

3.70%

30-day SEC yield

Expense Ratio
0.20%
Minimum Investment
Share price / broker rules
Observed change
+0.22 pp
Updated
Oct 15
State tax · 2025

U.S. government income: 56.43%. BlackRock 2025 tax report

Meets the California, Connecticut and New York fund thresholds. State rules apply.

Rate history
Last observed SEC yield 3.70% on Oct 15, 2026; up 0.22 percentage points since Jul 15, 2026.
3.00%3.25%3.50%3.75%4.00%Jul 15Aug 15Sep 15Oct 15

3.99%

30-day SEC yield

Expense Ratio
0.15%
Minimum Investment
Share price / broker rules
Observed change
+0.33 pp
Updated
Oct 15
State tax · 2025

U.S. government income: 99.21%. BlackRock 2025 tax report

Meets the California, Connecticut and New York fund thresholds. State rules apply.

Rate history
Last observed SEC yield 3.99% on Oct 15, 2026; up 0.33 percentage points since Jul 15, 2026.
3.25%3.50%3.75%4.00%4.25%Jul 15Aug 15Sep 15Oct 15

Choosing between BlackRock funds and Treasury ETFs

Check the ticker and share class. A money-market mutual fund and a Treasury ETF have different trading, yield, and cash-access mechanics.

SGOV
SGOV holds Treasury bills with maturities of zero to three months and reports a 30-day SEC yield. It trades on an exchange, so your purchase price and trading costs affect the result. It is not an FDIC-insured savings account. Source
Tax comparison
Use fund-specific tax-year allocations when estimating state tax exemption. A Treasury fund's name alone does not establish the exempt percentage of its distributions. Source

Guide terms reviewed September 5, 2026. Provider terms may change.