ICI's weekly "Money Market Mutual Fund Assets" report says, "Total money market mutual fund assets increased by $15.36 billion to $2.813 trillion for the week ended Tuesday, November 23, the Investment Company Institute reported today. Taxable government funds increased by $2.05 billion, taxable non-government funds increased by $14.01 billion, and tax-exempt funds decreased by $710 million." It explains, "Assets of retail money market funds increased by $2.86 billion to $942.23 billion. Taxable government money market fund assets in the retail category increased by $1.26 billion to $166.72 billion, taxable non-government money market fund assets increased by $1.25 billion to $572.84 billion, and tax-exempt fund assets increased by $350 million to $202.66 billion. Assets of institutional money market funds increased by $12.49 billion to $1.871 trillion. Among institutional funds, taxable government money market fund assets increased by $790 million to $653.01 billion, taxable non-government money market fund assets increased by $12.77 billion to $1.096 trillion, and tax-exempt fund assets decreased by $1.06 billion to $122.05 billion." ICI's separate "Long-Term Mutual Fund Flows" report also showed bond funds experiencing outflows for the first week in many months. It says, "Bond funds had estimated outflows of $4.33 billion, compared to estimated inflows of $3.96 billion during the previous week. Taxable bond funds saw estimated inflows of $457 million, while municipal bond funds had estimated outflows of $4.78 billion."
