Schwab® Prime Advantage Money Fund Ultra Shares SNAXX Strategy
Strategy
The investment seeks the highest current income consistent with stability of capital and liquidity. The fund invests in high-quality short-term money market investments issued by U.S. and foreign issuers, such as: commercial paper, including asset-backed commercial paper; promissory notes; certificates of deposit and time deposits; variable- and floating-rate debt securities; bank notes and bankers' acceptances; repurchase agreements; obligations that are issued by the U.S. government, its agencies or instrumentalities. All of these investments will be denominated in U.S. dollars, including those that are issued by foreign issuers.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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SWVXX
| Schwab® Prime Advantage Money Fund Investor Shares | — | Open | — | — | $249.33B | 0.340% | — | $0 | −$4.45B | |
SNAXX
| Schwab® Prime Advantage Money Fund Ultra Shares | — | Open | — | — | $142.68B | 0.190% | — | $1M | $1.64B |