Schwab Treasury Obligations Money Fund
Fund
SCOXX
Price as of:
$1.00
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.4%
1 yr return
4.8%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$1.65 B
Holdings in Top 10
69.7%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.21%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SCOXX - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.01%
- Dividend Yield 4.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSchwab Treasury Obligations Money Fund
-
Fund Family NameSCHFLFSETF
-
Inception DateSep 24, 2020
-
Shares Outstanding2651368107
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
To pursue its goal, the fund typically invests in securities backed by the full faith and credit of the U.S. government and repurchase
agreements backed by such investments. The fund intends to operate as a government money market fund under the regulations governing money market funds. The fund will invest at least 99.5% of its total assets in cash, government securities and/or repurchase agreements that are collateralized fully by cash and/or government securities; under normal circumstances, at least 80% of the fund’s net assets (including, for this purpose, any borrowings for investment purposes) will be invested solely in U.S. Treasury obligations or repurchase agreements backed by such obligations (excluding cash). With respect to the 80% policy, the fund will notify its shareholders at least 60 days before changing the policy. The full faith and credit backing is the strongest backing offered by the U.S. government, and traditionally is considered by investors to be the highest degree of safety as far as the payment of principal and interest.
Based on the fund manager’s view of market conditions for U.S. Treasury securities, the fund may invest up to 20% of its net assets in: (i) obligations that are issued by the U.S. government, its agencies or instrumentalities, including obligations that are not fully guaranteed by the U.S. Treasury, such as those issued by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal Home Loan Banks, and repurchase agreements backed by such obligations; and (ii) obligations that are issued by private issuers that are guaranteed as to principal or interest by the U.S. government, its agencies or instrumentalities. Obligations that are issued by private issuers that are guaranteed as to principal or interest by the U.S. government, its agencies or instrumentalities are considered U.S. government securities under the rules that govern money market funds.
In choosing securities, the fund’s manager seeks to maximize current income within the limits of the fund’s investment objective and credit, maturity and diversification policies. By investing primarily in full faith and credit U.S. government investments and repurchase agreements backed by such investments, the fund seeks to provide safety as to its assets. The portfolio manager may adjust the fund’s holdings or its average maturity based on actual or anticipated changes in credit quality or market dynamics, such as interest rates. To preserve its investors’ capital, the fund seeks to maintain a stable $1.00 share price.
Although the income from U.S. Treasury securities is exempt from state and local income taxes, the fund invests in non-U.S. Treasury investments, which include repurchase agreements, that are not exempt from state and local income taxes. Further, during unusual market conditions, the fund may invest a greater portion of its assets in investments that are not exempt from state and local income taxes as a temporary defensive measure.
For temporary defensive purposes during unusual market conditions, the fund may invest up to 100% of its assets in cash, cash equivalents or other high quality short-term investments.
As a government money market fund, the fund’s Board of Trustees (the Board) has determined not to subject the fund to a liquidity fee on fund redemptions. Please note that the Board has reserved its ability to change this determination with respect to liquidity fees, but only after providing appropriate prior notice to shareholders.
SCOXX - Performance
Return Ranking - Trailing
Period | SCOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | 0.5% | 9.5% | 27.72% |
1 Yr | 4.8% | 0.5% | 10.0% | 26.98% |
3 Yr | N/A* | 0.7% | 5.1% | 25.91% |
5 Yr | N/A* | 0.5% | 110.7% | N/A |
10 Yr | N/A* | 0.4% | 32.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | SCOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -0.1% | 5.0% | 39.09% |
2022 | 0.0% | 0.0% | 1.2% | 40.00% |
2021 | N/A | 0.0% | 0.0% | N/A |
2020 | N/A | 0.0% | 0.4% | N/A |
2019 | N/A | 0.0% | 2.0% | N/A |
Total Return Ranking - Trailing
Period | SCOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | 0.5% | 9.5% | 27.72% |
1 Yr | 4.8% | 0.5% | 10.0% | 26.98% |
3 Yr | N/A* | 0.7% | 5.1% | 25.91% |
5 Yr | N/A* | 0.5% | 110.7% | N/A |
10 Yr | N/A* | 0.4% | 32.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SCOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.5% | 0.8% | 5.9% | 0.76% |
2022 | 1.5% | 0.0% | 1.7% | 5.97% |
2021 | N/A | 0.0% | 1.9% | N/A |
2020 | N/A | 0.0% | 3.0% | N/A |
2019 | N/A | 0.0% | 3797.9% | N/A |
NAV & Total Return History
SCOXX - Holdings
Concentration Analysis
SCOXX | Category Low | Category High | SCOXX % Rank | |
---|---|---|---|---|
Net Assets | 1.65 B | 818 K | 211 B | 21.29% |
Number of Holdings | 56 | 1 | 346 | 45.66% |
Net Assets in Top 10 | 5.42 B | 147 K | 163 B | 55.83% |
Weighting of Top 10 | 69.68% | 22.7% | 100.0% | 44.13% |
Top 10 Holdings
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
- Tri-Party Federal Reserve Bank Repo - 01oct21 41.87%
Asset Allocation
Weighting | Return Low | Return High | SCOXX % Rank | |
---|---|---|---|---|
Cash | 81.23% | 25.56% | 100.00% | 24.01% |
Bonds | 18.77% | 0.00% | 74.44% | 73.51% |
Stocks | 0.00% | 0.00% | 0.00% | 40.10% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 40.10% |
Other | 0.00% | -1.67% | 0.04% | 40.10% |
Convertible Bonds | 0.00% | 0.00% | 21.22% | 44.80% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SCOXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 81.23% | 0.00% | 100.00% | 21.78% |
Government | 18.77% | 0.00% | 44.01% | 73.27% |
Derivative | 0.00% | 0.00% | 0.00% | 39.85% |
Securitized | 0.00% | 0.00% | 1.75% | 41.83% |
Corporate | 0.00% | 0.00% | 100.00% | 52.23% |
Municipal | 0.00% | 0.00% | 22.71% | 44.06% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SCOXX % Rank | |
---|---|---|---|---|
US | 18.77% | 0.00% | 72.86% | 73.51% |
Non US | 0.00% | 0.00% | 3.41% | 41.34% |
SCOXX - Expenses
Operational Fees
SCOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.21% | 0.07% | 2.23% | 78.71% |
Management Fee | 0.19% | 0.03% | 0.50% | 69.55% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
SCOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
SCOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SCOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
SCOXX - Distributions
Dividend Yield Analysis
SCOXX | Category Low | Category High | SCOXX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.49% | 0.00% | 5.42% | 76.98% |
Dividend Distribution Analysis
SCOXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SCOXX | Category Low | Category High | SCOXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | -1.09% | 1.67% | 47.85% |
Capital Gain Distribution Analysis
SCOXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 15, 2024 | $0.004 | OrdinaryDividend |
Sep 16, 2024 | $0.004 | OrdinaryDividend |
Aug 15, 2024 | $0.004 | OrdinaryDividend |
Apr 15, 2024 | $0.004 | OrdinaryDividend |
Mar 15, 2024 | $0.004 | OrdinaryDividend |
Jan 16, 2024 | $0.002 | OrdinaryDividend |
Dec 29, 2023 | $0.007 | OrdinaryDividend |
Dec 29, 2023 | $0.000 | CapitalGainShortTerm |
Nov 15, 2023 | $0.004 | OrdinaryDividend |
Oct 16, 2023 | $0.004 | OrdinaryDividend |
Sep 15, 2023 | $0.005 | OrdinaryDividend |
Aug 15, 2023 | $0.004 | OrdinaryDividend |
Jul 17, 2023 | $0.004 | OrdinaryDividend |
Jun 15, 2023 | $0.004 | OrdinaryDividend |
May 15, 2023 | $0.004 | OrdinaryDividend |
Apr 17, 2023 | $0.004 | OrdinaryDividend |
Mar 15, 2023 | $0.003 | OrdinaryDividend |
Feb 15, 2023 | $0.003 | OrdinaryDividend |
Jan 17, 2023 | $0.002 | OrdinaryDividend |
Dec 30, 2022 | $0.000 | CapitalGainShortTerm |
Dec 30, 2022 | $0.005 | OrdinaryDividend |
Nov 15, 2022 | $0.003 | OrdinaryDividend |
Oct 17, 2022 | $0.002 | OrdinaryDividend |
Sep 15, 2022 | $0.002 | OrdinaryDividend |
Aug 15, 2022 | $0.001 | OrdinaryDividend |
Jul 15, 2022 | $0.001 | OrdinaryDividend |
Jun 15, 2022 | $0.000 | OrdinaryDividend |
May 16, 2022 | $0.000 | OrdinaryDividend |
Apr 18, 2022 | $0.000 | OrdinaryDividend |
Mar 15, 2022 | $0.000 | OrdinaryDividend |
Feb 15, 2022 | $0.000 | OrdinaryDividend |
Jan 18, 2022 | $0.000 | OrdinaryDividend |
Dec 31, 2021 | $0.000 | CapitalGainShortTerm |
Dec 31, 2021 | $0.000 | CapitalGainLongTerm |
Dec 31, 2021 | $0.000 | OrdinaryDividend |
Nov 15, 2021 | $0.000 | OrdinaryDividend |
Oct 15, 2021 | $0.000 | OrdinaryDividend |
Sep 15, 2021 | $0.000 | OrdinaryDividend |
Aug 16, 2021 | $0.000 | OrdinaryDividend |
Jul 15, 2021 | $0.000 | OrdinaryDividend |
Jun 15, 2021 | $0.000 | OrdinaryDividend |
May 17, 2021 | $0.000 | OrdinaryDividend |
Apr 15, 2021 | $0.000 | OrdinaryDividend |
Mar 15, 2021 | $0.000 | OrdinaryDividend |
Feb 16, 2021 | $0.000 | OrdinaryDividend |
Jan 15, 2021 | $0.000 | OrdinaryDividend |
Dec 31, 2020 | $0.000 | OrdinaryDividend |
Dec 31, 2020 | $0.000 | CapitalGainShortTerm |
Nov 16, 2020 | $0.000 | OrdinaryDividend |
Oct 15, 2020 | $0.000 | OrdinaryDividend |