ICI's Money Market Mutual Fund Assets
ICI's latest weekly "Money Market Mutual Fund Assets" report says, "Total money market mutual fund assets decreased by $2.95 billion to $2.636 trillion for the week ended Wednesday, October 12, the Investment Company Institute reported today. Taxable government funds decreased by $3.07 billion, taxable non-government funds increased by $360 million, and tax-exempt funds decreased by $240 million. Assets of retail money market funds increased by $3.21 billion to $945.35 billion. Taxable government money market fund assets in the retail category increased by $1.36 billion to $198.65 billion, taxable non-government money market fund assets increased by $1.54 billion to $553.23 billion, and tax-exempt fund assets increased by $310 million to $193.47 billion.... Assets of institutional money market funds decreased by $6.16 billion to $1.691 trillion. Among institutional funds, taxable government money market fund assets decreased by $4.43 billion to $690.54 billion, taxable non-government money market fund assets decreased by $1.17 billion to $903.42 billion, and tax-exempt fund assets decreased by $550 million to $97.13 billion." Money fund assets remain at almost the same level they were at on August 31, but they are down by $174 billion year-to-date (-6.2%)."
