Money market mutual fund assets jumped 1.37%, to $1.478 trillion, in the week that ended Aug. 4, the Investment Company Institute reported.

Retail money fund assets rose 1.47%, to $885 billion. Taxable assets in that category increased 1.5%, to $733.35 billion, and tax-exempt assets rose 1.31%, to $151.64 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.