NEW YORK (AP) — Total money market mutual fund assets rose $9.56 billion to $2.748 trillion for the week, the Investment Company Institute said Thursday.

Assets of the nation's retail money market mutual funds rose $90 million in the latest week to $910.44 billion.

Assets of taxable money market funds in the retail category rose $650 million to $713.50 billion for the week ended Wednesday, the Washington-based mutual fund trade group said. Tax-exempt fund assets fell by $560 million to $196.94 billion.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.