Assets of the nation's 662 retail money market mutual funds grew by $166.2 million, to $600.47 billion, during the week ended last Wednesday, the Investment Company Institute said.

Assets of the 405 taxable money market funds in the retail category grew by $347.7 million, to $489.83 billion, while assets in 257 tax-exempt funds shrank by $181.5 million, to $110.65 billion.

As of last Wednesday, retail and institutional money market mutual fund assets totaled $891.54 billion.

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