Schwab® Prime Advantage Money Fund Ultra Shares SNAXX
Strategy
The investment seeks the highest current income consistent with stability of capital and liquidity. 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. All of these investments will be denominated in U.S. dollars, including those that are issued by foreign issuers.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
SWVXX | Schwab® Prime Advantage Money Fund Investor Shares | — | Open | — | — | $246.76B | 0.340% | — | $0 | −$7.85B | |
SNAXX | Schwab® Prime Advantage Money Fund Ultra Shares | — | Open | — | — | $141.39B | 0.190% | — | $1M | −$371.51M |