Tax-exempt unit investment trusts issued shares in May representing deposits of $359.9 million, for a total of $2.15 billion so far in 1993, the Investment Company Institute reported last week.

The figure compares with $2.01 billion for the first five months of 1992.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.