Outflows to the tune of $948.2 million caused tax-exempt money market funds to end the week of Jan. 11 with total assets of $401.29 billion, after starting 2010 the previous week with inflows of nearly $3 billion, according to the Money Fund Report, a service of iMoneyNet.com.

The outflows came on the heels of $2.60 billion of inflows for tax-exempt funds, which led to total assets of $402.24 billion for the week ending Jan. 4.

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