Total money market mutual fund assets increased by $3.68 billion to $2.629 trillion for the week ended Wednesday, March 27, according to the Investment Company Institute.

Assets of institutional money market funds increased by $6.92 billion to $1.719 trillion. Among institutional funds, taxable government money market fund assets decreased by $410 million to $706.10 billion, taxable non-government money market fund assets increased by $8.19 billion to $933.57 billion, and tax-exempt fund assets decreased by $860 million to $79.29 billion.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.