Assets of money market mutual funds rose 0.96%, to $1.401 trillion, in the week that ended Dec. 9, the Investment Company Institute reported.

Balances of funds for retail investors grew 0.77%, to $823.66 billion. That included $677.25 billion in taxable portfolios, up $5.03 billion, and $146.41 billion in tax-exempt portfolios, up $1.24 billion.

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.