Funds Record High Assets and Low Yields as Nearly $4 Billion Flows In

Fine, Jacob
November 2001
Bond Buyer;11/9/2001, Vol. 338 Issue 31262, p33
Trade Publication
Reports on a high assets and low average yield on the funds due to $3.98 billion of net inflow in tax-free money market funds during the second week of November 2001 in the U.S. Total amount of assets in the market funds during the week; Percentage decline in the average yield for the week; Effect of heavy net inflow of taxable money market funds on the assets and yield; Expectations for money market fund yield.


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