week ended Nov. 15, the Investment Company Institute reported. The gains were concentrated in funds for retail investors. Their assets jumped $1.98 billion, to $528.51 billion, the Washington-based trade group said. The retail assets figure includes $427.13 billion in taxable funds, up $2.24 billion, and $101.39 billion in tax-exempt funds, down $260.3 million. On the institutional side, money market assets rose $70.4 million, to $225.48 billion. Taxable institutional portfolios held $71.03 billion, up $124.6 million in the week. But tax-exempt portfolios fell by $54.2 million, to $24.46 billion.

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.