Crane Data Subscribers
Moody's, Too, Rates American Beacon MMF's ComSet Class Aaa. Tuesday, Crane Data reported that S&P had rated the new American Beacon Money Market Fund ComSet Class AAA. Now Moody's also has assigned its highest rating to the new feeder for Brown Brothers Harriman's commodities platform. The "Aaa rating reflects the strong overall credit quality of the fund's investments, solid liquidity management, as well as the conservative investment guidelines and practices of the advisor, American Beacon Advisors, Inc. of Fort Worth, Texas," says Moody's press release.
