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Name

As of 04/17/2024

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 Variable Share Price Money Fund

SVUXX | Fund

$1.00

$101 M

0.00%

0.20%

Vitals

YTD Return

1.8%

1 yr return

5.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

1.9%

Net Assets

$101 M

Holdings in Top 10

32.8%

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 04/17/2024

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 Variable Share Price Money Fund

SVUXX | Fund

$1.00

$101 M

0.00%

0.20%

SVUXX - Profile

Distributions

  • YTD Total Return 1.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Schwab Variable Share Price Money Fund
  • Fund Family Name
    SCHFLFSETF
  • Inception Date
    Feb 25, 2016
  • Shares Outstanding
    2520170240
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

The fund is a money market fund that is designed to serve as a complementary product to traditional stable share price money
market funds. Unlike a traditional stable share price money market fund, the fund will not use the amortized cost method of valuation or round the per share net asset value (NAV) to the nearest whole cent and does not seek to maintain a stable share price. As a result, the fund’s share price, which is its NAV, will vary and reflect the effects of unrealized appreciation and depreciation and realized losses and gains.
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.
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.
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.
Read More

SVUXX - Performance

Return Ranking - Trailing

Period SVUXX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.8% 0.0% 1.8% 6.08%
1 Yr 5.0% 0.0% 1444.3% 60.96%
3 Yr N/A* 0.0% 2.8% 31.16%
5 Yr 1.9%* 0.0% 121.5% 40.00%
10 Yr N/A* 0.0% 1.6% N/A

* Annualized

Return Ranking - Calendar

Period SVUXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.1% 33.33%
2022 0.0% 0.0% 0.0% 42.67%
2021 N/A 0.0% 0.0% 42.14%
2020 N/A 0.0% 0.0% 38.17%
2019 0.0% 0.0% 0.0% 45.24%

Total Return Ranking - Trailing

Period SVUXX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.8% 0.0% 1.8% 6.08%
1 Yr 5.0% 0.0% 1444.3% 60.96%
3 Yr N/A* 0.0% 2.8% 31.16%
5 Yr 1.9%* 0.0% 121.5% 40.00%
10 Yr N/A* 0.0% 1.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SVUXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.8% 0.0% 5.8% 0.69%
2022 1.7% 0.0% 1.8% 10.00%
2021 N/A 0.0% 0.1% 42.14%
2020 N/A 0.0% 0.8% 28.24%
2019 2.1% 0.0% 4868.4% 49.21%

NAV & Total Return History

SVUXX - Holdings

Concentration Analysis

SVUXX Category Low Category High SVUXX % Rank
Net Assets 101 M 16.1 M 86.2 B 76.13%
Number of Holdings 208 1 345 13.55%
Net Assets in Top 10 758 M 22.7 M 21.7 B 65.81%
Weighting of Top 10 32.83% 14.2% 100.0% 54.19%

Top 10 Holdings

  1. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  2. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  3. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  4. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  5. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  6. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  7. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  8. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  9. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%
  10. Tri-Party Federal Reserve Bank Repo - 03jan22 23.15%

Asset Allocation

Weighting Return Low Return High SVUXX % Rank
Cash 		96.34% 35.74% 100.00% 30.97%
Bonds 		3.40% 0.00% 64.26% 63.87%
Preferred Stocks 		0.26% 0.00% 1.01% 5.16%
Stocks 		0.00% 0.00% 1.03% 43.87%
Other 		0.00% 0.00% 0.04% 43.87%
Convertible Bonds 		0.00% 0.00% 13.25% 56.77%

Bond Sector Breakdown

Weighting Return Low Return High SVUXX % Rank
Cash & Equivalents 		96.34% 35.74% 100.00% 30.97%
Municipal 		3.01% 0.00% 49.89% 48.39%
Corporate 		0.65% 0.00% 14.24% 52.26%
Derivative 		0.00% 0.00% 0.36% 43.87%
Securitized 		0.00% 0.00% 0.98% 45.81%
Government 		0.00% 0.00% 30.63% 78.71%

Bond Geographic Breakdown

Weighting Return Low Return High SVUXX % Rank
US 		3.27% 0.00% 64.26% 70.32%
Non US 		0.13% 0.00% 2.90% 27.74%

SVUXX - Expenses

Operational Fees

SVUXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.11% 20.36% 86.18%
Management Fee 0.19% 0.00% 0.57% 69.03%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.55% N/A

Sales Fees

SVUXX 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% 5.00% N/A

Trading Fees

SVUXX 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.

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

SVUXX - Distributions

Dividend Yield Analysis

SVUXX Category Low Category High SVUXX % Rank
Dividend Yield 0.00% 0.00% 5.34% 20.65%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SVUXX Category Low Category High SVUXX % Rank
Net Income Ratio 0.03% -1.14% 1.97% 31.51%

Capital Gain Distribution Analysis

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

Distributions History

View More +

SVUXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

Feb 25, 2016

6.27

6.3%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 41.58 16.52 18.34

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