Money market mutual fund assets fell $38.91 billion for the week ending June 18, according to the Investment Company Institute.

On the institution front, assets of the 1,179 institutional-class shares decreased by $38.18 billion to $2.225 trillion. Assets of the 916 taxable shares declined $39.08 billion to $2.053 trillion; and assets of the 263 tax-exempt shares increased $891 million to $201.91 billion.

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