​ Three-​Way Tie for Year-​to-​Date Leader Among Money Mkt Fund Returns. According to the latest Money Fund Intelligence XLS rankings, three funds are tied for 1st place in YTD (​year-​to-​date) total returns through June 30, 2007. At the half-​year mark, Barclays Institutional MMF Inst, Credit Suisse Inst MMF Prime A, and Morgan Stanley Inst Liq MMP Inst all have returned 2.​65%. American Beacon MM Select, Janus Inst Cash Mgmt Inst, Lehman Bros ILF MMP Inst (​and LB Prime Inst), MS IL Prime Inst, Putnam Prime MM I, and DWS MM Series Inst all trail the leaders by a mere 1 basis point with 2.​64% returns. Our Crane Money Fund Average has returned 2.​42% (​724 taxable funds), while the Crane 100 Money Fund Index has returned 2.​49%. Money market funds have thoroughly outperformed bond funds year-​to-​date in 2007 (​see Sunday'​s "Link of the Day", and are on course to return over 5% in 2007.

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