After a short-lived period of inflows last week, tax-exempt money market funds experienced $1.81 billion of outflows and settled at $330.29 billion in total net assets for the week ending Oct. 11, according to the Money Fund Report, a service of iMoneyNet.com.
The funds managed to end a recent heavy streak of outflows during the week ending Oct. 4 by gaining $476.9 million and settling at $332.10 billion. The modest inflows arrived on the heels of substantial losses the three preceding weeks that ranged from $1.8 billion to $2.7 billion.
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