Total money market mutual fund assets increased by $9.56 billion to $2.748 trillion for the week ended Wednesday, May 25, the Investment Company Institute reported. Taxable government funds increased by $3.96 billion, taxable non-government funds increased by $7.53 billion, and tax-exempt funds decreased by $1.94 billion.

Retail: Assets of retail money market funds increased by $90 million to $910.44 billion. Taxable government money market fund assets in the retail category decreased by $10 million to $168.31 billion, taxable non-government money market fund assets increased by $660 million to $545.19 billion, and tax-exempt fund assets decreased by $560 million to $196.94 billion.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?


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.

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 © 2024 ALM Global, LLC. All Rights Reserved.