Assets of the nation's money market mutual funds decreased by about $580 million in the latest week, the Investment Company Institute reported.

Money fund assets fell to $851.39 billion, from $851.97 billion in the week ended Aug. 14, the institute said. Retail money market funds increased by $1.80 billion, to $587.80 billion; institutional money market funds decreased by $2.39 billion, to $263.59 billion.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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