Tax-exempt money market fund outflows ebbed by nearly $1 billion this week, but still saw $4.44 billion pour out of the market as funds settled with $358.65 billion in total assets for the week ending April 26, according to the Money Fund Report, a service of iMoneyNet.com.

The losses followed last week’s $5.42 billion outflow, which left the funds with $363.0 billion — the biggest decline of the year since Jan. 19, when investors yanked $7.66 billion.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.