Schwab Value Advantage Money Fund
SWVXX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 211 Main Street San Francisco United States of America 94105
- IPO Date
- Apr 17, 2023
- CIK
- 0000857156
- Website
- schwabassetmanagement.com
- Similar Companies
- Business
- Schwab Value Advantage Money Fund (SWVXX) is an actively managed prime money market fund that seeks the highest current income consistent with stability of capital and liquidity. The fund invests primarily in high-quality, short-term money market instruments issued by U.S. and foreign issuers, including commercial paper, certificates of deposit, promissory notes, and repurchase agreements; it maintains a stable net asset value of $1.00 per share and targets retail investors with no minimum initial investment and a net expense ratio of 0.34%. Schwab Asset Management, founded in 1971 and headquartered in Las Vegas, Nevada, a subsidiary of The Charles Schwab Corporation, provides investment advisory services for the fund, which operates within the U.S. money market industry and serves individual and institutional clients seeking liquidity and yield. In October 2024, Schwab Asset Management updated the dividend distribution dates for most Schwab Money Funds, including SWVXX, to enhance operational efficiency; the fund's prospectus was last updated on April 28, 2025, reflecting ongoing regulatory compliance and portfolio management adjustments. As of December 2025, the fund manages total net assets exceeding $249 billion, with a 7-day yield of 3.59% (with waivers), weighted average maturity of 25.76 days, and weighted average life of 52.57 days.