TITLE

Muni Money Funds Lose Prior Gains

AUTHOR(S)
Albano, Christine
PUB. DATE
November 2013
SOURCE
Bond Buyer;11/15/2013, Vol. 122 Issue F345, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the Money Fund Report, a service of the fund market news provider iMoneyNet.com, according to which total net assets of tax-exempt money market funds in the U.S. have declined by 1.32 billion U.S. dollars as of November 11, 2013. It informs that average seven-day simple yield for the 420 weekly reporting tax-exempt money funds is at 0.01 percent and average seven-day simple yield for the 1,017 weekly reporting taxable funds is at 0.01 percent.
ACCESSION #
91988218

 

Related Articles

  • Muni Money Funds Drop $2.08B. Albano, Christine // Bond Buyer;2/21/2014, Vol. 123 Issue F308, p1 

    The article offers a report related to the market performance of the U.S. tax-exempt money market funds, which states that the outflow increased as compare to inflow as of February 21, 2014.

  • Muni Yields Go Lower Despite Resistance. Riggs, Taylor // Bond Buyer;6/4/2012, Vol. 380 Issue 33724, p2 

    The article reports that tax-exempt municipal bond yields went lower as investors preferred safe-haven assets following a slew of bad economic data in the U.S.

  • Tax-Exempt Bonds Face Real Threat, Tax Panelists Agree. DEPAUL, JENNIFER // Bond Buyer;9/25/2012, Vol. 381 Issue 33787, p5 

    The article presents information regarding the Tax-exempt bonds that are facing threats from tax reform. According to John Buckley, former chief democratic tax counsel of House ways and means committee, the reason behind the problem is the portrayal of increasing tax on upper income taxpayers...

  • Muni Money Funds Taper Outflows. Albano, Christine // Bond Buyer;11/1/2013, Vol. 122 Issue F343, p1 

    The article focuses on the Money Fund Report which revealed that fall in total assets to 262.78 billion dollars has decreased outflows among tax-exempt money market funds to 879.7 million dollars as per October 28, 2013. According to the report, combined total net assets of the 1,437 money funds...

  • Is the Loss of Tax-Exempt Status For Previous Filers Related to Indicators of Financial Distress? Trussel, John M. // Journal of Accounting & Finance (2158-3625);2013, Vol. 13 Issue 4, p60 

    The US Congress passed the Pension Protection Act of 2006 (PPA) that automatically revokes the tax-exempt status of any organization that does not file with the IRS for three consecutive years. This study focus on charities that previously filed with the IRS, and it examines whether or not the...

  • Muni Money Funds Rake in Historic $6.22B. Albano, Christine // Bond Buyer;7/11/2014, Vol. 1 Issue F326, p1 

    The article reports on the increase in the cash inflows of the tax-exempt money market funds which raked in 6.22 billion U.S. dollars in the week ended on July 7, 2014, as per The Money Fund Report, a service of iMoneyNet.com. It mentions that the inflows were the highest since the week ended...

  • Muni Money Funds Rake in Historic $6.22B. Albano, Christine // Bond Buyer;7/14/2014, Vol. 1 Issue 34142, p1 

    The article reports on the increase in the cash inflows of the tax-exempt money market funds which raked in 6.22 billion U.S. dollars in the week ended on July 7, 2014, as per The Money Fund Report, a service of iMoneyNet.com. It mentions that the inflows were the highest since the week ended...

  • Muni Money Funds Lose $2.47B. Albano, Christine // Bond Buyer;1/17/2014, Vol. 123 Issue F303, p1 

    The article informs that tax-exempt money market funds have lost 2.47 billion dollars of outflows from the total net assets of 272.24 billion dollars as on January 13, 2014, as reported in the Money Fund Report by the money market news provider iMoneyNet Inc. Topics discussed include total net...

  • Another Week of Outflows for Muni Money Funds. Albano, Christine // Bond Buyer;9/27/2013, Vol. 385 Issue F338, p1 

    The article offers a report by the Money Fund, service of iMoneyNet.com related to tax-exempt money market funds. Topics discussed include increase in the taxable money market funds, outflows for municipal money funds at the end of the September month 2013, and decreased in the average maturity...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics