Money Fund Assets Up Slightly in Week

Money market mutual fund assets climbed 0.64%, to $1.567 trillion, for the week that ended Nov. 17, the Investment Company Institute reported.

Assets in retail money funds rose 0.61%, to $913.05 billion. Taxable assets in that category increased 0.53%, to $759.08 billion, and tax-exempt assets jumped 1.02%, to $153.97 billion.

Institutional money fund assets increased 0.64%, to $653.98 billion. Taxable assets in that category rose 0.55%, to $604.43 billion, and tax-exempt assets jumped 1.71%, to $49.55 billion.

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