Schwab Municipal Money Inv
- SWTXX
- Price as of: Oct 30, 2020
-
$0.00
N/A N/A
- Primary Theme
- Tax-Free Money Market
- Fund Company
- Charles Schwab
- Share Class
SWTXX - Snapshot
Vitals
- YTD Return 0.0%
- 3 Yr Annualized Return 0.9%
- 5 Yr Annualized Return 0.7%
- Net Assets $13.1 B
- Holdings in Top 10 10.9%
52 WEEK LOW AND HIGH
$0.00
$1.00
$1.00
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.48%
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
-
Primary Theme
Tax-Free Money Market
- Fund Type Money Market Fund
- Investment Style Money Market-Tax-Free
SWTXX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 0.9%
- 5 Yr Annualized Total Return 0.7%
- Capital Gain Distribution Frequency Daily
- Net Income Ratio 1.19%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSchwab Municipal Money Fund™
-
Fund Family NameSchwab Funds
-
Inception DateJul 07, 1995
-
Shares Outstanding2202142957
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerManagement Team
Fund Description
The fund invests in municipal money market securities from states and municipal agencies around the country and from U.S. territories and possessions. It will invest at least 80% of its net assets in municipal money market securities the interest from which is exempt from federal income tax. The fund may invest more than 25% of its total assets in municipal securities financing similar projects such as those relating to education, health care, transportation, utilities, industrial development and housing.
SWTXX - Performance
Return Ranking - Trailing
| Period | SWTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | 0.0% | 0.0% | 20.10% |
| 1 Yr | 0.5% | 0.0% | 0.8% | 46.00% |
| 3 Yr | 0.9%* | 0.0% | 1.5% | 38.25% |
| 5 Yr | 0.7%* | 0.0% | 1.0% | 43.27% |
| 10 Yr | 0.3%* | 0.0% | 0.5% | 42.31% |
* Annualized
Return Ranking - Calendar
| Period | SWTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 0.0% | 0.0% | 0.0% | 20.83% |
| 2018 | 0.0% | 0.0% | 0.0% | 21.90% |
| 2017 | N/A | 0.0% | 0.0% | 49.04% |
| 2016 | N/A | 0.0% | 0.0% | 49.42% |
| 2015 | N/A | 0.0% | 0.0% | 49.59% |
Total Return Ranking - Trailing
| Period | SWTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | 0.0% | 0.0% | 20.10% |
| 1 Yr | 0.5% | -0.9% | 0.8% | 46.00% |
| 3 Yr | 0.9%* | 0.0% | 1.5% | 38.25% |
| 5 Yr | 0.7%* | 0.0% | 1.0% | 43.27% |
| 10 Yr | 0.3%* | 0.0% | 0.5% | 42.31% |
* Annualized
Total Return Ranking - Calendar
| Period | SWTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 0.0% | 0.0% | 0.0% | 20.83% |
| 2018 | 0.0% | 0.0% | 0.0% | 22.39% |
| 2017 | N/A | 0.0% | 0.0% | 48.83% |
| 2016 | N/A | 0.0% | 0.0% | 49.70% |
| 2015 | N/A | 0.0% | 0.0% | 49.83% |
NAV & Total Return History
SWTXX - Holdings
Concentration Analysis
| SWTXX | Category Low | Category High | SWTXX % Rank | |
|---|---|---|---|---|
| Net Assets | 13.1 B | 24.8 M | 17.7 B | 1.94% |
| Number of Holdings | 991 | 1 | 991 | 0.97% |
| Net Assets in Top 10 | 1.45 B | 9.52 M | 15.1 B | 5.83% |
| Weighting of Top 10 | 10.91% | 9.7% | 100.0% | 99.51% |
Top 10 Holdings
- TEXAS ST 4% 2.54%
- NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% 1.82%
- FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 0.55% 1.74%
- MIAMI-DADE CNTY FLA SEAPORT REV IAM COML PAPER NTS 3/A2 AMT SER A-1 0.24% 1.63%
- MIAMI-DADE CNTY FLA SEAPORT REV IAM COML PAPER NTS 3/A2 AMT SER A-1 0.33% 1.31%
- NUVEEN QUALITY MUN INCOME FD 0.21% 1.04%
- MAIN STR NAT GAS INC GA GAS PROJ REV 0.24% 1.02%
- Port Portland Ore Intl Arpt Re Coml Pape 0.17% 0.90%
- BLACKROCK MUNIYIELD QUALITY FD III INC 0.22% 0.72%
- PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV 0.18% 0.71%
Asset Allocation
| Weighting | Return Low | Return High | SWTXX % Rank | |
|---|---|---|---|---|
| Bonds | 79.28% | 0.00% | 100.00% | 71.84% |
| Cash | 20.72% | 0.00% | 100.00% | 26.21% |
| Stocks | 0.00% | 0.00% | 0.00% | 20.39% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 20.39% |
| Other | 0.00% | 0.00% | 11.95% | 32.52% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 20.39% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | SWTXX % Rank | |
|---|---|---|---|---|
| Municipal | 79.28% | 0.00% | 100.00% | 74.76% |
| Cash & Equivalents | 20.72% | 0.00% | 100.00% | 26.21% |
| Derivative | 0.00% | 0.00% | 0.00% | 20.39% |
| Securitized | 0.00% | 0.00% | 0.00% | 20.39% |
| Corporate | 0.00% | 0.00% | 0.00% | 20.39% |
| Government | 0.00% | 0.00% | 35.75% | 29.13% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | SWTXX % Rank | |
|---|---|---|---|---|
| US | 79.28% | 0.00% | 100.00% | 71.84% |
| Non US | 0.00% | 0.00% | 0.00% | 20.39% |
SWTXX - Expenses
Operational Fees
| SWTXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.48% | 0.15% | 1.67% | 59.00% |
| Management Fee | 0.19% | 0.08% | 0.50% | 45.63% |
| 12b-1 Fee | N/A | 0.00% | 0.75% | N/A |
| Administrative Fee | 0.10% | 0.03% | 0.50% | 48.15% |
Sales Fees
| SWTXX 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
| SWTXX 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.
| SWTXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 16.00% | N/A |
SWTXX - Distributions
Dividend Yield Analysis
| SWTXX | Category Low | Category High | SWTXX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 0.42% | 20.87% |
Dividend Distribution Analysis
| SWTXX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| SWTXX | Category Low | Category High | SWTXX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.19% | 0.01% | 2.09% | 26.00% |
Capital Gain Distribution Analysis
| SWTXX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Daily | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Aug 15, 2019 | $0.001 |
| Apr 15, 2019 | $0.001 |
| Mar 15, 2019 | $0.001 |
| Feb 15, 2019 | $0.001 |
| Jan 15, 2019 | $0.001 |
| Dec 31, 2018 | $0.002 |
| Nov 15, 2018 | $0.001 |
| Oct 15, 2018 | $0.001 |
| Sep 17, 2018 | $0.001 |
| Aug 15, 2018 | $0.001 |
| Jul 16, 2018 | $0.001 |
| Jun 15, 2018 | $0.001 |
| May 15, 2018 | $0.001 |
| Apr 16, 2018 | $0.001 |
| Mar 15, 2018 | $0.001 |
| Feb 15, 2018 | $0.001 |
| Jan 16, 2018 | $0.001 |
| Dec 15, 2017 | $0.001 |
| Nov 15, 2017 | $0.001 |
| Oct 16, 2017 | $0.001 |
| Sep 15, 2017 | $0.000 |
| Aug 15, 2017 | $0.000 |
| Jul 17, 2017 | $0.000 |
| Jun 15, 2017 | $0.000 |
| May 15, 2017 | $0.000 |
| Apr 17, 2017 | $0.000 |
| Mar 15, 2017 | $0.000 |
| Feb 15, 2017 | $0.000 |
| Jan 18, 2017 | $0.000 |
| Dec 30, 2016 | $0.000 |
| Nov 15, 2016 | $0.000 |
| Oct 17, 2016 | $0.000 |
| Sep 15, 2016 | $0.000 |
| Aug 15, 2016 | $0.000 |
| Aug 17, 2009 | $0.000 |
| Jul 15, 2009 | $0.000 |
| Jun 15, 2009 | $0.000 |
| May 15, 2009 | $0.000 |
| Apr 15, 2009 | $0.001 |
| Mar 16, 2009 | $0.001 |
| Feb 17, 2009 | $0.001 |
| Jan 15, 2009 | $0.000 |
| Dec 31, 2008 | $0.001 |
| Nov 17, 2008 | $0.002 |
| Oct 15, 2008 | $0.004 |
| Sep 15, 2008 | $0.001 |
| Aug 15, 2008 | $0.001 |
| Jul 15, 2008 | $0.001 |
| Jun 16, 2008 | $0.001 |
| May 15, 2008 | $0.002 |
| Apr 15, 2008 | $0.002 |
| Mar 17, 2008 | $0.002 |
| Feb 15, 2008 | $0.002 |
| Jan 15, 2008 | $0.001 |
| Dec 31, 2007 | $0.004 |
| Nov 15, 2007 | $0.003 |
| Oct 15, 2007 | $0.003 |
| Sep 17, 2007 | $0.003 |
| Aug 15, 2007 | $0.003 |
| Jul 16, 2007 | $0.003 |
| Jun 15, 2007 | $0.003 |
| May 15, 2007 | $0.003 |
| Apr 16, 2007 | $0.003 |
| Mar 15, 2007 | $0.002 |
| Feb 15, 2007 | $0.003 |
| Jan 16, 2007 | $0.001 |
| Dec 29, 2006 | $0.004 |
| Nov 15, 2006 | $0.003 |
| Oct 16, 2006 | $0.003 |
| Sep 15, 2006 | $0.003 |
| Aug 15, 2006 | $0.003 |
| Jul 17, 2006 | $0.003 |
| Jun 15, 2006 | $0.003 |
| May 15, 2006 | $0.002 |
| Apr 17, 2006 | $0.003 |
| Mar 15, 2006 | $0.002 |
| Feb 15, 2006 | $0.002 |
| Jan 17, 2006 | $0.001 |
| Nov 15, 2005 | $0.002 |
| Oct 17, 2005 | $0.002 |
| Sep 15, 2005 | $0.002 |
| Aug 15, 2005 | $0.002 |
| Jul 15, 2005 | $0.002 |
| Jun 15, 2005 | $0.002 |
| May 16, 2005 | $0.002 |
| Apr 15, 2005 | $0.001 |
| Mar 15, 2005 | $0.001 |
| Feb 15, 2005 | $0.001 |
| Jan 18, 2005 | $0.001 |
| Dec 31, 2004 | $0.002 |
| Nov 15, 2004 | $0.001 |
| Oct 15, 2004 | $0.001 |
| Sep 16, 2004 | $0.001 |
| Aug 16, 2004 | $0.001 |
| Jul 15, 2004 | $0.001 |
| Jun 15, 2004 | $0.001 |
| May 17, 2004 | $0.001 |
| Apr 15, 2004 | $0.001 |
| Mar 15, 2004 | $0.000 |
| Feb 17, 2004 | $0.001 |
| Jan 15, 2004 | $0.000 |
| Dec 31, 2003 | $0.001 |
| Nov 17, 2003 | $0.001 |
| Oct 15, 2003 | $0.001 |
| Sep 15, 2003 | $0.000 |
| Aug 15, 2003 | $0.000 |
| Jul 15, 2003 | $0.000 |
| Jun 16, 2003 | $0.001 |
| May 15, 2003 | $0.001 |
| Apr 15, 2003 | $0.001 |
| Mar 17, 2003 | $0.001 |
| Feb 18, 2003 | $0.001 |
| Jan 15, 2003 | $0.000 |
| Dec 31, 2002 | $0.001 |
| Nov 15, 2002 | $0.001 |
| Oct 15, 2002 | $0.001 |
| Sep 16, 2002 | $0.001 |
| Aug 15, 2002 | $0.001 |
| Jul 15, 2002 | $0.001 |
| Jun 17, 2002 | $0.001 |
| May 15, 2002 | $0.001 |
| Apr 15, 2002 | $0.001 |
| Mar 15, 2002 | $0.001 |
| Feb 15, 2002 | $0.001 |
| Jan 15, 2002 | $0.000 |
| Dec 31, 2001 | $0.002 |
| Nov 15, 2001 | $0.001 |
| Oct 15, 2001 | $0.002 |
| Sep 17, 2001 | $0.002 |
| Aug 15, 2001 | $0.002 |
| Jul 16, 2001 | $0.002 |
| Jun 15, 2001 | $0.002 |
| May 15, 2001 | $0.003 |
| Apr 16, 2001 | $0.003 |
| Mar 15, 2001 | $0.002 |
| Feb 15, 2001 | $0.003 |
| Jan 16, 2001 | $0.001 |
| Dec 29, 2000 | $0.005 |
| Nov 15, 2000 | $0.003 |
| Oct 16, 2000 | $0.003 |
| Sep 15, 2000 | $0.003 |
| Aug 15, 2000 | $0.003 |
| Jul 17, 2000 | $0.003 |
| Jun 15, 2000 | $0.003 |
| May 15, 2000 | $0.003 |
| Apr 17, 2000 | $0.003 |
| Mar 15, 2000 | $0.003 |
| Feb 15, 2000 | $0.002 |
| Jan 18, 2000 | $0.002 |
| Dec 31, 1999 | $0.004 |
| Nov 15, 1999 | $0.003 |
| Oct 15, 1999 | $0.003 |
| Sep 15, 1999 | $0.002 |
| Aug 16, 1999 | $0.002 |
| Jul 15, 1999 | $0.002 |
| Jun 15, 1999 | $0.002 |
| May 17, 1999 | $0.003 |
| Apr 15, 1999 | $0.002 |
| Mar 15, 1999 | $0.002 |
| Feb 16, 1999 | $0.002 |
| Jan 15, 1999 | $0.001 |
| Dec 31, 1998 | $0.004 |
| Nov 16, 1998 | $0.003 |
| Oct 15, 1998 | $0.003 |
| Sep 15, 1998 | $0.002 |
| Aug 17, 1998 | $0.003 |
| Jul 15, 1998 | $0.003 |
| Jun 15, 1998 | $0.003 |
| May 15, 1998 | $0.003 |
| Apr 15, 1998 | $0.003 |
| Mar 16, 1998 | $0.002 |
| Feb 17, 1998 | $0.003 |
| Jan 15, 1998 | $0.001 |
| Dec 31, 1997 | $0.004 |
| Nov 17, 1997 | $0.003 |
| Oct 15, 1997 | $0.003 |
| Sep 15, 1997 | $0.003 |