SNRXX: Schwab Retirement Government Money

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SNRXX Schwab Retirement Government Money


Profile

SNRXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $2.53 B
  • Holdings in Top 10 31.3%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.35%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Money Market Fund
  • Investment Style Money Market-Taxable

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Schwab Retirement Government Money Fund
  • Fund Family Name
    Schwab Funds
  • Inception Date
    May 17, 2016
  • Shares Outstanding
    2533051611
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

The Advisor 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, U.S. government securities and/or repurchase agreements that are collateralized fully by cash and/or U.S. government securities; under normal circumstances, at least 80% of the fund's net assets will be invested solely in U.S. government securities including repurchase agreements (excluding cash).


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Categories

Fund Company Quick Screens

Performance

SNRXX - Performance

Return Ranking - Trailing

Period SNRXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 60.83%
1 Yr 0.0% 0.0% 2.1% 61.20%
3 Yr N/A* 0.0% 1.6% 52.90%
5 Yr N/A* 0.0% 1.0% N/A
10 Yr N/A* 0.0% 1.1% N/A

* Annualized

Return Ranking - Calendar

Period SNRXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 60.53%
2018 0.0% 0.0% 0.0% 59.07%
2017 N/A 0.0% 0.0% 81.61%
2016 N/A 0.0% 0.0% N/A
2015 N/A 0.0% 0.0% N/A

Total Return Ranking - Trailing

Period SNRXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 60.83%
1 Yr 0.0% 0.0% 2.1% 61.20%
3 Yr N/A* 0.0% 1.6% 52.77%
5 Yr N/A* 0.0% 1.0% N/A
10 Yr N/A* 0.0% 1.1% N/A

* Annualized

Total Return Ranking - Calendar

Period SNRXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 60.53%
2018 0.0% 0.0% 0.0% 58.68%
2017 N/A 0.0% 0.0% 81.47%
2016 N/A 0.0% 0.0% N/A
2015 N/A 0.0% 0.0% N/A

NAV & Total Return History


Holdings

SNRXX - Holdings

Concentration Analysis

SNRXX Category Low Category High SNRXX % Rank
Net Assets 2.53 B 101 K 253 B 54.64%
Number of Holdings 200 1 1112 19.28%
Net Assets in Top 10 753 M 67 K 85.6 B 58.78%
Weighting of Top 10 31.31% 4.2% 100.0% 61.40%

Top 10 Holdings

  1. Federal Home Loan Banks 0.1% 5.03%
  2. United States Treasury Bills 0.01% 3.84%
  3. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.66%
  4. Tri-Party Ficc Bny/Xiss/Ficc Repo - 01jul20 3.49%
  5. United States Treasury Bills 0.01% 3.20%
  6. Tri-Party Royal Bank Of Canada Repo - 02jul20 2.70%
  7. Tri-Party Wells Fargo Securiti Repo - 01jul20 2.66%
  8. Tri-Party Barclays Bank Plc/Xi Repo - 07jul20 2.58%
  9. Tri-Party Bmo Capital Markets Repo - 15jul20 2.08%
  10. Tri-Party Rbc Dominion Securit Repo - 02jul20 2.08%

Asset Allocation

Weighting Return Low Return High SNRXX % Rank
Cash
66.23% 0.00% 100.00% 58.02%
Bonds
33.77% 0.00% 100.00% 41.37%
Stocks
0.00% 0.00% 0.00% 60.23%
Preferred Stocks
0.00% 0.00% 0.36% 60.49%
Other
0.00% -1.08% 100.00% 61.82%
Convertible Bonds
0.00% 0.00% 8.22% 63.25%

Bond Sector Breakdown

Weighting Return Low Return High SNRXX % Rank
Cash & Equivalents
66.23% 0.00% 100.00% 59.26%
Government
30.46% 0.00% 57.15% 27.92%
Municipal
3.31% 0.00% 100.00% 28.58%
Derivative
0.00% 0.00% 0.70% 60.40%
Securitized
0.00% 0.00% 11.22% 61.73%
Corporate
0.00% 0.00% 15.28% 71.51%

Bond Geographic Breakdown

Weighting Return Low Return High SNRXX % Rank
US
33.77% 0.00% 100.00% 40.93%
Non US
0.00% 0.00% 6.11% 66.57%

Expenses

SNRXX - Expenses

Operational Fees

SNRXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.08% 6.36% 66.99%
Management Fee 0.34% 0.00% 0.57% 83.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% 82.85%

Sales Fees

SNRXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

SNRXX 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.

SNRXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 235.00% N/A

Distributions

SNRXX - Distributions

Dividend Yield Analysis

SNRXX Category Low Category High SNRXX % Rank
Dividend Yield 0.00% 0.00% 1.26% 63.82%

Dividend Distribution Analysis

SNRXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SNRXX Category Low Category High SNRXX % Rank
Net Income Ratio 2.01% 0.00% 4.52% 23.47%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

SNRXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

May 17, 2016

4.21

4.2%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 44.85 14.21 14.45