Short Takes: Money Fund Assets Jump 0.41% in Week

Money market mutual fund assets rose 0.41%, to $1.46 trillion, in the week that ended July 21, the Investment Company Institute reported.

Assets of retail money funds increased 0.25%, to $873.37 billion. Taxable funds in that category rose 0.35%, to $723.40 billion, and tax- exempt funds fell 0.23%, to $149.97 billion.

Institutional money fund assets rose 0.70%, to $588.42 billion, during the same period.

Taxable funds in that category rose 0.74%, to $538.60 billion, and nontaxable funds 0.30%, to $49.82 billion.

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