Printer Friendly

INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS

 WASHINGTON, June 10 /PRNewswire/ -- Assets of the nation's 633 retail money market mutual funds increased by $1.84 billion to $390.75 billion for the week ended Wednesday, June 9, the Investment Company Institute reported today. Assets of the 397 taxable money market funds in the retail category grew by $895.6 million to $308.39 billion; the 236 tax-exempt funds assets increased by $941.9 million to $82.36 billion.
 Assets of the 266 institutional money market funds increased by $1.56 billion to $192.98 billion for the same period. Among institutional funds, the 214 taxable money market fund assets rose by $1.05 billion to $171.28 billion; assets of the 52 tax exempt funds grew by $512.1 million to $21.70 billion.
 Total money market mutual fund assets stood at $583.73 billion for the week ended Wednesday, June 9.
 Assets of money market mutual funds for the week ended Wednesday (6/2) were revised to $580.33 billion. The revisions are due to reporting errors.
 ICI reports the assets of money market funds to the Federal Reserve Board each week and makes this data available to the public on a weekly basis. The institute also reports monthly on three broad categories of funds. They are (1) short-term funds which include tax-exempt money market funds, (2) taxable retail and institutional money market funds, and (3) all funds other than money market funds -- such as stock, income, corporate bond and municipal bond funds.
 -0- 6/10/93
 /CONTACT: Malin Jennings of the Investment Company Institute, 202-955-8415/


CO: Investment Company Institute ST: District of Columbia IN: FIN SU:

DC-IH -- DC036 -- 0814 06/10/93 16:55 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 10, 1993
Words:280
Previous Article:LABOR BOARD SLAPS TYSON FOODS FOR ILLEGAL ACTIVITIES TO OUST UNION; COMPANY ORDERED TO IMMEDIATELY RECOGNIZE FOOD & COMMERCIAL WORKERS UNION
Next Article:/ C O R R E C T I O N -- CHRYSLER CORPORATION /
Topics:


Related Articles
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
INVESTMENT COMPANY INSTITUTE REPORTS WEEK END RESULTS
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
ICI REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS
INVESTMENT COMPANY INSTITUTE REPORTS ON ASSETS OF RETAIL MONEY MARKET MUTUAL FUNDS

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters