NEW YORK (AP) — Total U.S. money market mutual fund assets rose $3.68 billion to $2.629 trillion for the week that ended Wednesday, according to the Investment Company Institute.
Assets of the nation’s retail money market mutual funds fell $3.24 billion to $909.78 billion, the Washington-based mutual fund trade group said Thursday. Assets of taxable money market funds in the retail category fell $1.73 billion to $714.6 billion. Tax-exempt retail fund assets fell $1.52 billion to $195.17 billion.
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