X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Total money market mutual fund assets increased by $3.93 billion to $2.687 trillion for the week ended Wednesday, July 6, the Investment Company Institute reports. Taxable government funds increased by $11.89 billion, taxable non-government funds decreased by $13.02 billion, and tax-exempt funds increased by $5.06 billion.

Retail: Assets of retail money market funds increased by $3.62 billion to $920.55 billion. Taxable government money market fund assets in the retail category increased by $2.34 billion to $177.30 billion, taxable non-government money market fund assets decreased by $1.41 billion to $544.84 billion, and tax-exempt fund assets increased by $2.69 billion to $198.41 billion.

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.