Tax-exempt money market funds settled at $481.47 billion in total assets after losing $2.89 billion for the week ending April 13 — two days before the official tax payment deadline on Wednesday and on the heels of a short-lived period of inflows last week, according to the Money Fund Report, a service of

During the previous week, tax-exempt money funds gained $1.79 billion after nearly a month of consistent outflows to end the week of April 6 with $484.35 billion in assets.

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