NEW YORK (AP) — Total U.S. money market mutual fund assets fell by $10.68 billion to $2.554 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.
Assets of the nation’s retail money market mutual funds fell by $550 million to $890.20 billion, the Washington-based mutual fund trade group said. Assets of taxable money market funds in the retail category fell by $50 million to $703.57 billion. Tax-exempt retail fund assets fell by $500 million to $186.63 billion.
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