After pulling in $2.98 billion last week, tax-exempt money market funds lost $1.84 billion and settled with $307.71 billion in total net assets for the week ended June 13, according to the Money Fund Report, a service of

In contrast, last week nearly $3 billion of inflows boosted assets to $309.54 billion. The average, seven-day simple yield for the 477 tax-exempt funds in the ­report remained at 0.02% for the fifth consecutive week, while the average maturity increased to 24 days from 23 days.

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