Schwab Purchased Money Funds

Schwab Purchased Money Funds

Money funds designed to offer stability of capital, liquidity, and income.

  • A convenient way to access potentially higher yields on cash
  • Access to a range of taxable and tax-exempt money funds1
  • No transaction fees to buy or sell2
  • Minimum investment as low as $0*


Want to learn more?

Explore the details of Schwab Purchased Money Funds.

Distributions:
Schwab Money Funds pay dividends on the 15th of each month (or on the next business day, if the 15th is not a business day), except that in December dividends are paid on the last business day of the month.

Schwab Funds®Monthly Distribution Schedule

Performance data quoted represents past performance and is no guarantee of future results. For additional performance information, please visit www.schwabfunds.com.

Prime Money Funds3 (Taxable)

Prime Money Funds3 (Taxable)

 

 

Prime Money Funds³ (Taxable)
  • 7-day yield (with waivers) as of 12/03/20214
  • Minimum Initial Investment
  • Next Step
  • Schwab Value Advantage Money Fund® – Investor Shares (SWVXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.03%
  • Minimum Initial Investment
    $0*
  • Next Step
    Buy
  • Schwab Value Advantage Money Fund® – Ultra Shares (SNAXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.03%
  • Minimum Initial Investment
    $1,000,000
  • Next Step
    Buy

Government and Treasury Money Funds (Taxable)

Government and Treasury Money Funds (Taxable)

Government and Treasury Money Funds (Taxable)
  • 7-day yield (with waivers) as of 12/03/20214
  • Minimum Initial Investment
  •  Next Step
  • Schwab Government Money Fund – Investor Shares (SNVXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • Minimum Initial Investment
    $0*
  •  Next Step
    Buy
  • Schwab Government Money Fund – Ultra Shares (SGUXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • Minimum Initial Investment
    $1,000,000
  •  Next Step
    Buy
  • Schwab Treasury Obligations Money Fund – Investor Shares (SNOXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • Minimum Initial Investment
    $0*
  •  Next Step
    Buy
  • Schwab Treasury Obligations Money Fund – Ultra Shares (SCOXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • Minimum Initial Investment
    $1,000,000
  •  Next Step
    Buy
  • Schwab U.S. Treasury Money Fund – Investor Shares (SNSXX
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • Minimum Initial Investment
    $0*
  •  Next Step
    Buy
  • Schwab U.S. Treasury Money Fund – Ultra Shares (SUTXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • Minimum Initial Investment
    $1,000,000
  •  Next Step
    Buy

Municipal Money Funds³ (Tax-Exempt)

Municipal Money Funds3 (Tax-Exempt)

 

 

Municipal Money Funds³ (Tax-Exempt)
  • 7-day yield (with waivers) as of 12/03/20214
  • 7-day Taxable Equivalent Yields5
  • Minimum Initial Investment
  • Next Step
  • Schwab Municipal Money Fund - Investor Shares (SWTXX
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $0*
  • Next Step
    Buy
  • Schwab Municipal Money Fund - Ultra Shares (SWOXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $1,000,000
  • Next Step
    Buy
  • Schwab California Municipal Money Fund – Investor Shares (SWKXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $0*
  • Next Step
    Buy
  • Schwab California Municipal Money Fund – Ultra Shares (SCAXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $1,000,000
  • Next Step
    Buy
  • Schwab New York Municipal Money Fund – Investor Shares (SWYXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $0*
  • Next Step
    Buy
  • Schwab New York Municipal Money Fund – Ultra Shares (SNYXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $1,000,000
  • Next Step
    Buy
  • Schwab AMT Tax-Free Money Fund – Investor Shares (SWWXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $0*
  • Next Step
    Buy
  • Schwab AMT Tax-Free Money Fund – Ultra Shares (SCTXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.01%
  • 7-day Taxable Equivalent Yields5
    0.02%
  • Minimum Initial Investment
    $1,000,000
  • Next Step
    Buy

Variable Share Price Money Funds (Taxable)

Variable Share Price Money Funds (Taxable)

Variable Share Price Money Funds (Taxable)
  • 7-day yield (with waivers) as of 12/03/20214
  • Minimum Initial Investment
  • Next Step
  • Schwab Variable Share Price Money Fund™ – Ultra Shares (SVUXX)
  • 7-day yield (with waivers) as of 12/03/20214
    0.03%
  • Minimum Initial Investment
    $1,000,000
  • Next Step
    Buy

The Variable Share Price Money Fund is a prime taxable money fund intended for institutional accounts.

Schwab Sweep Money Funds

Schwab has eliminated sweep money market funds as a cash feature for most new and existing accounts. Limited accounts and account types may be eligible to have a money market fund as the designated cash feature. More complete information about all of Schwab’s available cash features can be found in the Cash Features Disclosure Statement.

Money fund investors should carefully consider information contained in the money fund prospectus, or, if available, the summary prospectus, including investment objectives, risks, charges, and expenses. You can request a mutual fund prospectus by calling Schwab at 1-800-435-4000. Please read the prospectus carefully before investing.

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