In their latest weekly report, ICI says, "Total money market mutual fund assets increased by $4.11 billion to $2.826 trillion for the week ended Wednesday, August 18, the Investment Company Institute reported today. Taxable government funds decreased by $3.26 billion, taxable non-government funds increased by $9.29 billion, and tax-exempt funds decreased by $1.92 billion."
ICI says, "Assets of retail money market funds decreased by $100 million to $968.77 billion. Taxable government money market fund assets in the retail category increased by $40 million to $170.14 billion, taxable non-government money market fund assets increased by $140 million to $590.34 billion, and tax-exempt fund assets decreased by $280 million to $208.30 billion."
The report continues, "Assets of institutional money market funds increased by $4.21 billion to $1.857 trillion. Among institutional funds, taxable government money market fund assets decreased by $3.30 billion to $670.62 billion, taxable non-government money market fund assets increased by $9.15 billion to $1.055 trillion, and tax-exempt fund assets decreased by $1.64 billion to $131.94 billion."
It explains, "ICI reports money market fund assets to the Federal Reserve each week. Revisions are due to data adjustments, reclassifications, and changes in the number of funds reporting. Historical weekly money market data back to January 2008 are available on the ICI website."
