On the heels of modest outflows last week, tax-exempt money market funds lost $4.66 billion and settled with $302.07 billion in total net assets for the week ended June 27, according to the Money Fund Report, a service of iMoneyNet.com.

In the previous week, investors withdrew $972.6 million and the tax-exempt funds ended with $306.73 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.