Printer Friendly

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

 WASHINGTON, July 22 /PRNewswire/ -- Assets of the nation's 642 retail money market mutual funds increased by $644.1 million to $392.00 billion for the week ended Wednesday, July 21, the Investment Company Institute reported today. Assets of the 402 taxable money market funds in the retail category grew by $686.8 million to $308.91 billion; the 240 tax-exempt funds assets decreased by $42.7 million to $83.09 billion.
 Assets of the 267 institutional money market funds decreased by $4.33 billion to $188.39 billion for the same period. Among institutional funds, the 213 taxable money market fund assets fell by $3.95 billion to $167.91 billion; assets of the 54 tax exempt funds declined by $387.5 million to $20.48 billion.
 Total money market mutual fund assets stood at $580.39 billion for the week ended Wednesday, July 21.
 Assets of money market mutual funds for the week ended Wednesday (7/14) were revised to $584.08 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- 7/22/93
 /CONTACT: Malin Jennings of the Investment Company Institute, 202-955-8415/


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

DC -- DC031 -- 4771 07/22/93 16:42 EDT
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:Jul 22, 1993
Words:280
Previous Article:OWENS & MINOR ANNOUNCES MAJOR SUPPLY AGREEMENT
Next Article:LIMA, OHIO, MOST AFFORDABLE HOUSING MARKET IN NATION
Topics:


Related Articles
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 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
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 © 2016 Farlex, Inc. | Feedback | For webmasters