Assets of retail money market mutual funds fell $3.12 billion, to $423.22 billion, in the week that ended April 26, the Investment Company Institute reported.

It was the first decline in a month. Throughout the first part of April, retail investors had responded to volatility in the stock and bond markets by pumping assets into money market funds.

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.