Tax-exempt money market funds had $411 million inflow in the week ended June 3 as total net assets settled at $257.84 billion, according to The Money Fund Report, a service of iMoneyNet.com.
Tax-exempt money market funds continue to struggle to recoup the billions that exited the industry since the beginning of the year particularly the $17.21 billion it shed during the four-week tax-season that began on April 1.
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