What is the expense ratio of SWVXX?

Schwab Prime Advantage Money Fund - Investor (SWVXX) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations.

Schwab Prime Advantage Money Fund - Investor (SWVXX) manages $249.00B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SWVXX actively managed or an index fund?

SWVXX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SWVXX launched?

Schwab Prime Advantage Money Fund - Investor (SWVXX) launched in April 1992 and is managed by Schwab.

How has SWVXX performed?

SWVXX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

SWVXX

Schwab Prime Advantage Money Fund - Investor

NASDAQ·Asset Management · Financial Services

$1.00$0.00+0.00%

Market closed·Aug 26 12:07 PM UTC

Price Chart

$1.00+$0.00 (+0.00%)today

+0.00%CAGR +0.00%

Select date range

FromTo

Apr 17, 2023Apr 17, 2023 → Aug 26, 2026· 3.4 yrsAug 26, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.04

Distribution Yield (FWD)3.78%

Annual Distribution (TTM)$0.04

Distribution Yield (TTM)3.69%

Distribution Growth (5Y)+160.4%

FrequencyMonthly

Most Recent$0.00

Ex-Dividend DateJul 31

Payment DateJul 31

Cost & RiskExpenses Tab

Expense Ratio0.34%

Cost per 10k Invested$34.00

AUM$249.00B

Avg Daily Volume—

Price$1.00

NAV$1.00

Premium / Discount+0.00%

52-Week Range$1.00 – $1.00

Beta0.02

Fund Overview

The fund’s goal is to seek the highest current income consistent with stability of capital and liquidity.

Cost Verdict

Is SWVXX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Schwab
Asset Class: Cash & Cash Equivalents
Strategy: Thematic
Inception: April 30, 1992
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US8085156052
CUSIP: 808515605
Website: www.schwabassetmanagement.com/products/SWVXX

Latest News

News Tab

No recent news available.

Frequently Asked Questions About SWVXX

What does SWVXX invest in?: The fund’s goal is to seek the highest current income consistent with stability of capital and liquidity.
What is the expense ratio of SWVXX?: Schwab Prime Advantage Money Fund - Investor (SWVXX) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations.
How big is SWVXX?: Schwab Prime Advantage Money Fund - Investor (SWVXX) manages $249.00B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is SWVXX actively managed or an index fund?: SWVXX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was SWVXX launched?: Schwab Prime Advantage Money Fund - Investor (SWVXX) launched in April 1992 and is managed by Schwab.
How has SWVXX performed?: SWVXX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.