Tax-exempt money market funds gained their first inflows in four weeks with the arrival of $1.80 billion of new cash as total net assets settled at $264.58 billion in the week ended Nov. 4, according to The Money Fund Report, a service of iMoneyNet.com.

The inflows follow $879.7 million of losses in the prior week when total net assets settled at $262.78 billion. New cash last arrived in the week ended Oct. 7, when $2.74 billion came in after three weeks of outflows.

The average seven-day simple yield for the 420 weekly reporting tax-exempt money market funds was unchanged at 0.01%, while the average maturity fell one day to 40 days compared to last week.

The total net assets of the 1,017 weekly reporting taxable money funds declined by $10.14 billion to $2.398 trillion in the week ended Nov. 5, which compares to the previous week when the arrival of $31.11 billion boosted total net assets to $2.408 trillion.

The average, seven day simple yield for the taxable money funds remained at 0.01%, while the average maturity was unchanged at 48 days.

The combined total net assets of the 1,437 weekly reporting money funds ended at $2.662 trillion after the exit of $8.34 billion in the week ended Nov. 4, which pales in comparison to inflows of $30.23 billion in the prior week which raised total net assets settled to $2.671 trillion.

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