Crane Data Subscribers
Crane Data Launches Money Fund Intelligence Daily With Indexes, Assets. Today, Crane Data LLC introduces its new Money Fund Intelligence Daily, a service tracking yields, assets, dividend factors and maturities on the 300 largest money market funds. Yesterday, money fund assets jumped by $6.95 billion to $2.636 billion (we track 85% of total money fund assets on a daily basis). Prime Institutional funds took in the bulk of inflows, $5.75 billion, while Tax-Exempt money funds saw modest outflows. Yields fell sharply in reaction to the Fed's surprise 75 basis point move. The Crane Money Fund Average declined by 9 basis points to 4.07%, while the Crane 100 MF Index fell to 4.25%. Treasury fund yields fell the hardest, declining by 25 basis points. MFI Daily includes our flagship Crane Money Fund Indexes and allows subscribers to track daily fund asset flows by category and by individual fund. MFID includes assets, 1-day yields, 7-day yields, 30-day yields, AMs (average maturities), and daily and weekly changes in both assets and 7-day yields. MFI is e-mailed daily and includes an XLS attachment, a summary of assets and yields, and a daily news briefing from http://www.cranedata.com. Ask Pete for a sample copy.
