While institutional investors unloaded a net $2.14 billion in money market fund assets in the week ended April 22, retail investors rushed to safety, placing $3.77 billion in money market funds, bringing the categorys total AUM to $2.451 trillion, according to
Taxable money market funds assets rose by $8.90 to $2.956 trillion, while tax-free money market fund assets lost $7.27 trillion, leaving that categorys total AUM at $494.71 billion as of Tuesday.
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