Tax-exempt money market fund assets took another noticeable dip during the week ending Sept. 1, suffering a net decline of $6.28 billion to settle at $514.3 billion, according to the Money Fund Report, a service of iMoneyNet.com of Westborough, Mass.

It was the second week in a row that the 553 funds declined. Last week, they lost $7.81 billion and settled at $520.5 billion - slipping below the previous week's all-time record high of $528.3 billion, according to the report.

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.