diff --git a/IPython/__init__.py b/IPython/__init__.py
index 3f030e2..6bf231b 100644
--- a/IPython/__init__.py
+++ b/IPython/__init__.py
@@ -49,6 +49,7 @@ from .core.error import TryNext
 from .core.interactiveshell import InteractiveShell
 from .testing import test
 from .utils.sysinfo import sys_info
+from .utils.frame import caller_module_and_locals
 
 # Release data
 __author__ = ''
@@ -57,13 +58,6 @@ for author, email in release.authors.itervalues():
 __license__  = release.license
 __version__  = release.version
 
-def caller_module_and_locals():
-    """Returns (module, locals) of the caller"""
-    caller = sys._getframe(2)
-    global_ns = caller.f_globals
-    module = sys.modules[global_ns['__name__']]
-    return (module, caller.f_locals)
-
 def embed_kernel(module=None, local_ns=None):
     """Call this to embed an IPython kernel at the current point in your program. """
     (caller_module, caller_locals) = caller_module_and_locals()
diff --git a/IPython/utils/frame.py b/IPython/utils/frame.py
index 2fb6142..3b19072 100644
--- a/IPython/utils/frame.py
+++ b/IPython/utils/frame.py
@@ -85,3 +85,10 @@ def debugx(expr,pre_msg=''):
 # deactivate it by uncommenting the following line, which makes it a no-op
 #def debugx(expr,pre_msg=''): pass
 
+def caller_module_and_locals():
+    """Returns (module, locals) of the caller"""
+    caller = sys._getframe(2)
+    global_ns = caller.f_globals
+    module = sys.modules[global_ns['__name__']]
+    return (module, caller.f_locals)
+