Money Fund Assets Off Slightly in Week

Assets in U.S. money market funds fell a mere $400 million in the week ended March 20, to settle at $814.24 billion, according to the Investment Company Institute.

Retail money funds' assets increased by $385.9 million, to $569 billion during the week. Taxable retail funds rose by $514.8 million, and tax-free portfolios fell $128 million.

Assets in institutional accounts fell $785.4 million. Taxable funds fell $50.1 million, and tax-exempt funds declined $735.3 million.

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