Crane Data Subscribers
Crane Money Fund Indexes Inch Up in March 2007 on Quarter-End. The Crane 100 Money Fund Index, an average of the 100 largest money market mutual funds, has retreated to 4.98% this week. But the Crane 100 rose to 5.00% for the month ended March 31, 2007 (based on 7-day yield). Other Crane Indexes ticked higher in March too. The broader Crane Money Fund Average 7-Day Yield inched up from 4.88% to 4.89% during March. (Its 1-Year Return through 3/31 rose to 4.86% from 4.79% in Feb.) The Crane Institutional MF Index rose to 5.16% from 5.15%, while the Crane Individual MF Index remained at 4.74%. The Crane 100 Index returned 4.91% for the 1-Year period through 3/31/07; 3.15% for the 3-Year; 2.33% for the 5-Year, and 3.67% for the 10-Year.
