View Prospectuses and Reports for Schwab Money Funds. Keep in mind that performance data quoted below represents past performance and does not indicate future results. Current performance may be lower or higher.
Taxable Sweep Investments1
7-Day Yields as of 09/03/2010
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Fund Name: Fund Name and Symbol
Effective Yield: Yield if fund dividends are reinvested in additional fund shares vs. being paid in cash.
Current 7-Day Yield: The yield you are currently earning if dividends are paid in cash and are not reinvested. Charles Schwab Investment Management waives a portion of the fund's fees in order to deliver more competitively priced products to its shareholders.
Availability: Some funds are available only to existing shareholder accounts. Some funds are available only to clients with over $500,000 in assets at Schwab.
OER (operating expense ratio): The amount that is taken from a mutual fund's assets each year to cover the fund's operating expenses. An expense ratio of 0.50% means that a fund's annual expenses amount to half of one percent of its average net assets.
*Schwab Cash Reserves(SWSXX) "net operating expenses" (OER) have been permanently capped at 0.69% (excluding, interest, taxes and certain non-routine expenses).
Return to top Taxable Value Advantage Investments1 7-Day Yields as of 09/03/2010
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Roll over blue arrows for definitions.
Fund Name: Fund Name and Symbol
Effective Yield: Yield if fund dividends are reinvested in additional fund shares vs. being paid in cash.
Current 7-Day Yield: The yield you are currently earning if dividends are paid in cash and are not reinvested.
Investment Minimums: The initial minimum investment is the amount required to make an initial purchase into a fund or share class. The minimum balance is the amount required to keep a position in the fund without incurring a penalty.
OER (operating expense ratio): The amount that is taken from a mutual fund's assets each year to cover the fund's operating expenses. An expense ratio of 0.50% means that a fund's annual expenses amount to half of one percent of its average net assets.
Return to top Tax-Advantaged Sweep Investments1,4
7-Day Yields as of 09/03/2010
Learn More
Roll over blue arrows for definitions.
Fund Name: Fund Name and Symbol
Effective Yield: Yield if fund dividends are reinvested in additional fund shares vs. being paid in cash.
Current 7-Day Yield: The yield you are currently earning if dividends are paid in cash and are not reinvested. Charles Schwab Investment Management waives a portion of the fund's fees in order to deliver more competitively priced products to its shareholders.
Availability: Some funds are available only to existing shareholder accounts. Some funds are available only to clients with over $500,000 in assets at Schwab.
Taxable Equivalent Yield: The yield that taxable investments must earn, with taxes taken into account, to match a tax-exempt investment's yield. This may be helpful in determining whether tax-exempt funds are an appropriate investment.
OER (operating expense ratio): The amount that is taken from a mutual fund's assets each year to cover the fund's operating expenses. An expense ratio of 0.50% means that a fund's annual expenses amount to half of one percent of its average net assets.
SWFXX
Schwab AMT Tax-Free Money Fund™
(formerly Schwab FL Municipal Money Fund™
)
0.013
0.013
Households with $500,000 or more in assets
0.02
0.62%
SWDXX
Schwab MA AMT Tax-Free Money Fund™
—
Sweep Shares™
0.013
0.013
Households with $500,000 or more in assets
0.02
0.65%
SWNXX
Schwab NY AMT Tax-Free Money Fund™
—
Sweep Shares™
0.013
0.013
Households with $500,000 or more in assets
0.02
0.65%
SWJXX
Schwab NJ AMT Tax-Free Money Fund™
—
Sweep Shares™
0.013
0.013
Households with $500,000 or more in assets
0.02
0.65%
SWEXX
Schwab PA Municipal Money Fund™
—
Sweep Shares
0.013
0.01 3
Households with $500,000 or more in assets
0.02
0.65%
SWXXX
Schwab Municipal Money Fund™
—
Sweep Shares
0.013
0.013
Households with $500,000 or more in assets
0.02
0.62%
SWCXX
Schwab CA Municipal Money Fund™
—
Sweep Shares
0.013
0.013
Households with $500,000 or more in assets
0.02
0.60%
Return to top Tax-Advantaged Value Advantage Investments1,4
7-Day Yields as of 09/03/2010
Learn More
Roll over blue arrows for definitions.
Fund Name: Fund Name and Symbol
Effective Yield: Yield if fund dividends are reinvested in additional fund shares vs. being paid in cash.
Current 7-Day Yield: The yield you are currently earning if dividends are paid in cash and are not reinvested.
Investment Minimums: The initial minimum investment is the amount required to make an initial purchase into a fund or share class. The minimum balance is the amount required to keep a position in the fund without incurring a penalty.
OER (operating expense ratio): The amount that is taken from a mutual fund's assets each year to cover the fund's operating expenses. An expense ratio of 0.50% means that a fund's annual expenses amount to half of one percent of its average net assets.
Taxable Equivalent Yield: The yield that taxable investments must earn, with taxes taken into account, to match a tax-exempt investment's yield. This may be helpful in determining whether tax-exempt funds are an appropriate investment.
Performance data quoted represents past performance and does not indicate future results. Visit Schwab.com for month-end performance information. Current performance may be lower or higher. Investment value will fluctuate, and shares when redeemed, may be worth more or less than original cost.
Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. You can view, download and print a prospectus by clicking on Prospectuses & Reports. Please read the prospectus carefully before investing.
1. With the exception of the Schwab Investor Money Fund™, Schwab and the investment advisor have guaranteed that the Net Operating Expenses (excluding interest, taxes and certain non-routine expenses) will not exceed the OERs stated above through 4/29/07 and will not exceed 0.21% for the Institutional Prime Shares of the Schwab Value Advantage Money Fund through 9/25/07. As disclosed above, the OER for Schwab Cash Reserves has been permanently capped at 0.69%. Please see the prospectus for more details.
2. Other minimums, such as subsequent and maintenance minimums, apply as outlined in the prospectus.
3. Retirement Plan Participants invested in the Schwab Investor Money Fund may qualify for lower investment minimums. All other investors are subject to the $2,500 minimum initial investment, $500 minimum additional investment and $2,500 minimum balance requirement as outlined in the fund's prospectus.
4. Investment income on some tax-free funds may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.
5. Schwab and the investment adviser have guaranteed that the “net operating expenses” (excluding interest, taxes and certain non-routine expenses) will not exceed 0.45% through 11/1/07.
An investment in a money market fund is neither insured nor guaranteed by the FDIC or any other government agency. Yields will fluctuate, and although the fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the fund. The 7-day yields more closely reflect the current earnings of the fund than the total return.
Trades in no-load mutual funds available through Mutual Funds OneSource service (including SchwabFunds) as well as certain other funds, are available without transaction fees when placed through schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. Funds are also subject to management fees and expenses.
Distributor: Charles Schwab & Co., Inc., 211 Main Street, San Francisco, CA 94105
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