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Name

As of 11/22/2024

Price

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

Schwab Value Advantage Money Fund

SNAXX | Fund

$1.00

$210 M

2.54%

$0.03

0.20%

Vitals

YTD Return

4.7%

1 yr return

4.7%

3 Yr Avg Return

3.6%

5 Yr Avg Return

2.3%

Net Assets

$210 M

Holdings in Top 10

30.7%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.20%

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 11/22/2024

Price

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

Schwab Value Advantage Money Fund

SNAXX | Fund

$1.00

$210 M

2.54%

$0.03

0.20%

SNAXX - Profile

Distributions

  • YTD Total Return 4.7%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.04%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Schwab Value Advantage Money Fund
  • Fund Family Name
    SCHFLFSETF
  • Inception Date
    Oct 11, 2006
  • Shares Outstanding
    29624761802
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

To pursue its goal, 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, including obligations that are not guaranteed by the U.S. Treasury, such as those issued by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (U.S. government securities)
​
All of these investments will be denominated in U.S. dollars, including those that are issued by foreign issuers. 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. Certain of the fund’s securities are subject to credit or liquidity enhancements, which are designed to provide incremental levels of creditworthiness or liquidity.
The fund may engage in repurchase agreement transactions that are collateralized by cash or U.S. government securities. In addition, the fund may engage in repurchase agreement transactions that are collateralized by money market instruments, debt securities, loan participations or other securities, including equity securities and securities that are rated below investment grade or their unrated equivalents as determined by the investment adviser.
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. Some of these policies may be stricter than the federal regulations that apply to all money market funds.
The investment adviser’s credit research department analyzes and monitors the securities that the fund owns or is considering buying. The 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 by operating as a “retail money market fund,” as such term is defined or interpreted under the rules governing money market funds.
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.
Read More

SNAXX - Performance

Return Ranking - Trailing

Period SNAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -91.2% 5.0% 43.48%
1 Yr 4.7% -91.2% 5.5% 76.09%
3 Yr 3.6%* 0.0% 3.8% 35.63%
5 Yr 2.3%* 0.0% 6.0% 28.40%
10 Yr 1.7%* 0.0% 1.9% 27.91%

* Annualized

Return Ranking - Calendar

Period SNAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.1% 63.04%
2022 0.0% 0.0% 0.0% 45.05%
2021 N/A 0.0% 0.0% 45.00%
2020 N/A 0.0% 0.0% 35.11%
2019 0.0% 0.0% 0.0% 47.44%

Total Return Ranking - Trailing

Period SNAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -91.2% 5.0% 43.48%
1 Yr 4.7% -91.2% 5.5% 76.09%
3 Yr 3.6%* 0.0% 3.8% 35.63%
5 Yr 2.3%* 0.0% 6.0% 28.40%
10 Yr 1.7%* 0.0% 1.9% 27.91%

* Annualized

Total Return Ranking - Calendar

Period SNAXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.7% 0.0% 5.7% 1.09%
2022 1.7% 0.0% 1.8% 2.20%
2021 N/A 0.0% 0.1% 45.00%
2020 N/A 0.0% 0.8% 27.48%
2019 2.1% 0.0% 4868.4% 46.15%

NAV & Total Return History

SNAXX - Holdings

Concentration Analysis

SNAXX Category Low Category High SNAXX % Rank
Net Assets 210 M 16.1 M 14.9 B 52.08%
Number of Holdings 345 1 345 2.08%
Net Assets in Top 10 21.7 B 22.7 M 21.7 B 2.08%
Weighting of Top 10 30.72% 14.2% 100.0% 42.71%

Top 10 Holdings

  1. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  2. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  3. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  4. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  5. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  6. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  7. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  8. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  9. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%
  10. Tri-Party Federal Reserve Bank Repo - 03jan22 20.08%

Asset Allocation

Weighting Return Low Return High SNAXX % Rank
Cash 		97.91% 35.74% 100.00% 19.79%
Bonds 		2.02% 0.00% 64.26% 72.92%
Preferred Stocks 		0.07% 0.00% 1.01% 7.29%
Stocks 		0.00% 0.00% 1.03% 45.83%
Other 		0.00% 0.00% 0.04% 45.83%
Convertible Bonds 		0.00% 0.00% 13.25% 59.38%

Bond Sector Breakdown

Weighting Return Low Return High SNAXX % Rank
Cash & Equivalents 		97.91% 35.74% 100.00% 19.79%
Municipal 		1.16% 0.00% 49.89% 56.25%
Corporate 		0.92% 0.00% 14.24% 53.13%
Derivative 		0.00% 0.00% 0.36% 45.83%
Securitized 		0.00% 0.00% 0.98% 48.96%
Government 		0.00% 0.00% 30.63% 85.42%

Bond Geographic Breakdown

Weighting Return Low Return High SNAXX % Rank
US 		1.84% 0.00% 64.26% 72.92%
Non US 		0.18% 0.00% 2.90% 22.92%

SNAXX - Expenses

Operational Fees

SNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.12% 4.99% 86.46%
Management Fee 0.19% 0.05% 0.57% 62.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.55% 75.50%

Sales Fees

SNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

SNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 212.00% N/A

SNAXX - Distributions

Dividend Yield Analysis

SNAXX Category Low Category High SNAXX % Rank
Dividend Yield 2.54% 0.00% 5.40% 94.79%

Dividend Distribution Analysis

SNAXX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

SNAXX Category Low Category High SNAXX % Rank
Net Income Ratio 0.04% -1.14% 1.97% 29.35%

Capital Gain Distribution Analysis

SNAXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

SNAXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

Apr 30, 2007

15.1

15.1%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 35.25 14.98 18.68

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