The Investment Company Institute published its latest weekly "Money Market Fund Assets" report Thursday, which shows money market mutual fund lower to $6.142 trillion in the latest week after hitting a record early in July. Assets have risen in 11 of the last 14 weeks, increasing by $173.8 billion (or 2.9%) since April 24. MMF assets are up by $256 billion, or 5.4%, year-to-date in 2024 (through 7/24/24), with Institutional MMFs up $65 billion, or 2.1% and Retail MMFs up $191 billion, or 11.4%. Over the past 52 weeks, money funds have risen by $655 billion, or 11.9%, with Retail MMFs up by $448 billion (22.0%) and Inst MMFs rising by $208 billion (6.0%). The weekly release says, "Total money market fund assets decreased by $11.81 billion to $6.14 trillion for the week ended Wednesday, July 24, the Investment Company Institute reported.... Among taxable money market funds, government funds decreased by $7.73 billion and prime funds decreased by $2.86 billion. Tax-exempt money market funds decreased by $1.22 billion." ICI's stats show Institutional MMFs falling $8.1 billion and Retail MMFs falling $3.7 billion in the latest week. Total Government MMF assets, including Treasury funds, were $4.956 trillion (80.7% of all money …