Istitutional money funds led the way with more than $27 billion in net flows. Meanwhile, retail funds say total outflows of $1.1 billion for the week ended last Wednesday, reported the Investment Company Institute.

The strongest flows were into institutional taxable money market funds. That segment reported more than $26 billion in net flows. Tax-exempt institutional and retail money funds each reported less than $1 billion of net flows. Taxable retail funds suffered redemptions of roughly $1.7 billion.

Money Fund Flows ($ mm)
Week of	Total Net Flows	Retail Net Flows		Institutional Net Flows
		Taxable	Tax-Exempt	Taxable	Tax-Exempt
May 23	$26,160	($1,700)	$593	$26,320	$948
May 16	($6,450)	($4,860)	($232)	($2,210)	$852
May 9	$23,650	$3,020	$1,180	$22,190	$1,260
May 2	($41,710)	($7,920)	($2,450)	($32,270)	$925
April 24	$106.2	($6,190)	($4,970)	$11,920	($652)
April 17	($21,940)	($7,810)	($1,690)	($12,450)	($9,690)
April 10	$6,910	($2,590)	($690)	$10,540	($355)
April 3	($11,240)	($856)	$1,550	($12,870)	$947
Source: Investment Company Institute (ICI)

 

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