SNVXX: Schwab Government Money Fund™ - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Schwab Government Money Inv

SNVXX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 0.8%
  • Net Assets $32.4 B
  • Holdings in Top 10 24.0%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

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) $0
  • IRA N/A

Fund Classification


Compare SNVXX to Popular Taxable Money Market Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$1.00

0.00%

$207.89 B

1.94%

$0.02

0.00%

0.38%

$1.00

0.00%

$201.61 B

1.89%

$0.02

0.00%

0.42%

$1.00

0.00%

$199.54 B

2.18%

$0.02

0.00%

0.11%

$1.00

0.00%

$183.67 B

2.12%

$0.02

0.00%

0.20%

$1.00

0.00%

$181.03 B

2.10%

$0.02

0.00%

0.18%

SNVXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.84%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Schwab Government Money Fund™
  • Fund Family Name
    Schwab Funds
  • Inception Date
    Jan 21, 2015
  • Shares Outstanding
    14310626764
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

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 that are collateralized fully by U.S. government securities (excluding cash).


SNVXX - Performance

Return Ranking - Trailing

Period SNVXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.4% 7.72%
1 Yr 0.7% 0.0% 1.8% 42.53%
3 Yr 1.3%* 0.2% 1.7% 41.51%
5 Yr 0.8%* 0.1% 1.4% 40.00%
10 Yr N/A* 0.1% 0.6% N/A

* Annualized

Return Ranking - Calendar

Period SNVXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 2.0% 7.92%
2018 0.0% 0.0% 1.5% 8.95%
2017 N/A 0.0% 0.5% 20.55%
2016 N/A 0.0% 0.1% N/A
2015 N/A 0.0% 0.0% N/A

Total Return Ranking - Trailing

Period SNVXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.4% 7.72%
1 Yr 0.7% -5.7% 1.2% 41.81%
3 Yr 1.3%* -1.6% 1.7% 41.12%
5 Yr 0.8%* -1.0% 1.4% 39.56%
10 Yr N/A* -0.5% 0.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SNVXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 2.0% 7.92%
2018 0.0% 0.0% 1.5% 8.97%
2017 N/A 0.0% 0.5% 20.74%
2016 N/A 0.0% 0.1% N/A
2015 N/A 0.0% 0.0% N/A

NAV & Total Return History


SNVXX - Holdings

Concentration Analysis

SNVXX Category Low Category High SNVXX % Rank
Net Assets 32.4 B 101 K 208 B 29.40%
Number of Holdings 208 1 434 12.14%
Net Assets in Top 10 7.76 B 101 K 63.9 B 37.95%
Weighting of Top 10 23.95% 17.0% 100.0% 86.15%

Top 10 Holdings

  1. United States Treasury Bills 0.01% 3.90%
  2. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  3. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  4. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  5. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  6. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  7. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  8. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  9. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%
  10. Tri-Party Royal Bank Of Canada Repo - 01jul20 3.68%

Asset Allocation

Weighting Return Low Return High SNVXX % Rank
Cash
68.21% 31.69% 100.00% 48.55%
Bonds
31.79% 0.00% 68.31% 50.43%
Stocks
0.00% 0.00% 0.00% 7.69%
Preferred Stocks
0.00% 0.00% 0.12% 7.86%
Other
0.00% -0.51% 0.00% 7.52%
Convertible Bonds
0.00% 0.00% 3.40% 17.26%

Bond Sector Breakdown

Weighting Return Low Return High SNVXX % Rank
Cash & Equivalents
68.61% 0.00% 100.00% 51.11%
Government
28.76% 0.00% 52.33% 56.92%
Municipal
2.63% 0.00% 20.06% 3.42%
Derivative
0.00% 0.00% 0.00% 7.69%
Securitized
0.00% 0.00% 1.76% 9.74%
Corporate
0.00% 0.00% 100.00% 25.81%

Bond Geographic Breakdown

Weighting Return Low Return High SNVXX % Rank
US
31.79% 0.00% 68.31% 50.43%
Non US
0.00% 0.00% 5.15% 8.89%

SNVXX - Expenses

Operational Fees

SNVXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.08% 6.36% 44.46%
Management Fee 0.19% 0.00% 0.50% 54.19%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% 78.10%

Sales Fees

SNVXX 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

SNVXX 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.

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

SNVXX - Distributions

Dividend Yield Analysis

SNVXX Category Low Category High SNVXX % Rank
Dividend Yield 0.00% 0.00% 1.00% 15.04%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SNVXX Category Low Category High SNVXX % Rank
Net Income Ratio 1.84% 0.00% 3.14% 36.89%

Capital Gain Distribution Analysis

SNVXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

SNVXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Apr 30, 2007

13.43

13.4%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 45.02 14.18 11.42