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NEW YORK (AP) - Assets of the nation's retail money market mutual funds rose by $805.5 million in the latest week to $818.33 billion, the Investment Company Institute said Thursday.
Assets of taxable money market funds in the retail category rose by $1.14 billion to $619.93 billion for the week ended Wednesday, the Washington-based mutual fund trade group said. Tax-exempt fund assets fell by $338 million to $198.40 billion.
Assets of institutional money market funds rose by $4 billion to $1.148 trillion for the same period. Among institutional funds, taxable money market fund assets rose by $3.84 billion to $1.018 trillion; assets of tax-exempt funds rose by $161.5 million to $130.51 billion.
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