Tax-exempt money market funds reversed a recent spate of outflows - yet gained just a scant $24.2 million - as total net assets barely inched up to $276.65 billion in the week ended March 18, according to the Money Fund Report, a service of iMoneyNet.com.
Outflows have been more frequent than inflows lately among tax-exempt money funds, and last week was no exception as $2.17 billion exited the funds and total net assets settled at $276.62 billion.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access