Crane Data Subscribers
Crane Money Fund Indexes Lower in November, Asset Gains in Treasury. The broad Crane Money Fund Average fell by 0.29% in November to 4.22% (7-day yield) and 4.28% (30-day yield), while our flagship Crane 100 Money Fund Index fell to 4.56% and 4.60%. Longer-term, the Crane 100 Index returns for November were: 1-mo 0.38%, 3-mo 1.20%, YTD 4.61%, 1-yr 4.42%, 3-yr 3.97%, 5-yr 2.68%, and 10-yr 3.48%. The Crane Institutional Index dropped to 4.52%, while the Crane Individual MF Index fell 0.30% to 4.04%. The Crane Tax-Free MF Index was 3.09%. Money fund assets measured by Crane Data rose by $91.7 billion; almost $41 billion of the gain occurred in Treasury money funds. Note that the November monthly performance statistics for our Fund Detail pages, available to Web Access subscribers, are now updated at Resources, Browse Funds (http://www.cranedata.us/resources/funds/). Contact Pete to see the latest copy of our Crane Index monthly benchmarks or to see our full Money Fund Intelligence or MFI XLS, which contains rankings, assets, yields, returns and more on over 1,200 money funds.
