Updated Wednesday, July 23, 2014 as of 11:51 AM ET
Portfolio - Fixed Income
Muni Money Funds Suffer $5B in Outflows
by: Christine Albano
Friday, April 26, 2013
Partner Insights

Tax-free money market funds continued to suffer the effects of strong seasonal outflows yet posted the highest losses of the previous three years as investors withdrew $5.58 billion from industry, leaving total net assets at $263.91 billion, according to The Money Fund Report, a service of iMoneyNet.com.

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