Money Market Mutual Fund Assets
November 5, 2009
Washington, DC, November 5, 2009 - Total money market mutual fund assets decreased by $31.26 billion to $3.339 trillion for the week ended Wednesday, November 4, the Investment Company Institute reported today. Taxable government funds decreased by $17.22 billion, taxable non-government funds decreased by $14.82 billion, and tax-exempt funds increased by $780 million.
Assets of Money Market Mutual Funds
(billions of dollars)
| 10/21/2009 | 10/28/2009 | 11/4/2009 | Change | ||
| Taxable Government | 1,071.67 | 1,073.61 | 1,056.39 | -17.22 | |
| Retail | 170.53 | 169.44 | 169.04 | -0.41 | |
| Institutional | 901.14 | 904.17 | 887.36 | -16.81 | |
| Taxable Non-Government | 1,887.75 | 1,886.34 | 1,871.52 | -14.82 | |
| Retail | 691.90 | 687.14 | 687.72 | 0.58 | |
| Institutional | 1,195.84 | 1,199.21 | 1,183.81 | -15.40 | |
| Tax-Exempt | 412.87 | 409.93 | 410.71 | 0.78 | |
| Retail | 241.35 | 239.65 | 240.18 | 0.53 | |
| Institutional | 171.53 | 170.28 | 170.53 | 0.25 | |
| Total | 3,372.29 | 3,369.88 | 3,338.62 | -31.26 | |
| Retail | 1,103.78 | 1,096.23 | 1,096.93 | 0.70 | |
| Institutional | 2,268.51 | 2,273.66 | 2,241.69 | -31.97 | |
Retail: Assets of retail money market funds increased by $703 million to $1.097 trillion. Taxable government money market fund assets in the retail category decreased by $410 million to $169.04 billion, taxable non-government money market fund assets increased by $580 million to $687.72 billion, and tax-exempt fund assets increased by $530 million to $240.18 billion.
Institutional: Assets of institutional money market funds decreased by $31.97 billion to $2.242 trillion. Among institutional funds, taxable government money market fund assets decreased by $16.81 billion to $887.36 billion, taxable non-government money market fund assets decreased by $15.40 billion to $1.184 trillion, and tax-exempt fund assets increased by $250 million to $170.53 billion.
ICI reports money market fund assets to the Federal Reserve each week. Revisions are due to data adjustments, reclassifications, and changes in the number of funds reporting. Historical weekly money market data back to January 2008 are available on the ICI website.
