​ "​Money Funds May Hold Subprime Too" Says Wall Street Journal. Thursday'​s WSJ article names names, saying that Evergreen Institutional Money Market Fund held recently-​extended Broadhollow Funding LLC debt earlier this year, according to SEC filings. The Journal also incorrectly mentions Putnam Premier Income Trust, but this is a bond fund and not a money market fund. (​Putnam says they'​ve never held Broadhollow in their money funds.) The Journal says money fund managers will likely "​pay closer attention to what is backing the commercial paper they buy, demand additional compensation for investing in a particular type pf vehicle that issues some asset-​backed commercial paper and call for greater transparency in the market". The article quotes several fund managers, including Schwab'​s Linda Klingman, Advantus' Jon Thompson, and William Blair'​s Jim Kaplan. The subprime problem "isn'​t likely to cause big losses at these funds or endanger them" adds the piece.

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