Reversing the trend of the last two weeks, tax-free money market funds gained $228.3 million and settled at $465.89 billion in total assets for the week ending June 8, according to the Money Fund Report, a service of iMoneyNet.com.

Last week, by comparison, the funds lost a whopping $3.36 billion and settled at $465.66 billion in assets for the week ending June 1. That came on the heels of $124.8 million of outflows for the week ending May 25, when the funds ended at $469.02 billion.

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