Money market mutual fund assets fell 0.40%, to $1.492 trillion, for the week that ended Aug. 25, the Investment Company Institute reported.

Assets in retail money funds dropped 0.12%, to $888.87 billion, during that period. Taxable assets in that category fell 0.08%, to $737.96 billion, and tax-exempt funds fell 0.31%, to $150.91 billion.

Institutional money fund assets dropped 0.83%, to $603.14 billion during the same period.

Taxable assets in that category fell 0.83%, to $554.81 billion, and nontaxable assets fell 0.86%, to $48.32 billion.

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