After yield-hungry investors yanked nearly $7.7 billion from tax-exempt money market funds last week, outflows slowed to $2.65 billion the week ending Jan. 25, leaving total assets at $390.97 billion, according to the Money Report, a service of iMoneyNet.com.

Investors tired of the paltry yields hovering closer to zero than 1% withdrew $7.67 billion in the week ending Jan. 18 as the average seven-day simple yield for the 499 tax-exempt funds in last week’s report remained unchanged at a record low of 0.02% for the second week in a row.

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