swvxx yield, how much dividend does it pay?[2024]USA

Inside this article swvxx yield, how much dividend does it give? Know complete information from the description.

swvxx yield.

A mutual fund called the Schwab Value Advantage Money Fund® (SWVXX) seeks to produce current income while preserving capital stability and liquidity. Here are some important facts regarding SWVXX.

The fund’s goal is to maximize current income while maintaining capital and liquidity stability.
Investment Strategy: It makes investments in premium short-term money market products from both domestic and international issuers.

The management style is actively controlled, with the advantages of professional money management and comprehensive credit analysis.

Yields: The 7-Day Yield (with waivers) is 5.19% as of March 1, 2024.

7-Day Yield (no waivers): 5.18% as of March 1, 2024.

The 7-Day Yield takes into account all relevant waivers and represents the average revenue distributed over the preceding seven days, provided interest income is not reinvested. In the absence of these waivers, the yield on the fund would have been less.

Ratios of Expenses.

Ratio of gross expenses: 0.350%
Ratio of net expenses: 0.340%

• Performance (Annualized Returns):
  • 1 Month: +0.44%
  • 3 Months: +1.33%
  • YTD: +0.44%
  • 1 Year: +5.11%
  • 3 Years: +2.33%
  • 5 Years: +1.86%
  • 10 Years: +1.23%

Features of the Portfolio:
34.3 days is the weighted average maturity.
47.6 days is the weighted average life.

Dividends: $0.000142142 was the last dividend reported.
Yield on Dividends: 4.98%

conclusion of this article – swvxx yield.

The goal of the Schwab Value Advantage Money Fund (SWVXX) is current income with the security and accessibility of your assets. It makes investments in short-term, premium debt products and provides competitive yields (around 5.19% as of March 14, 2024) under expert supervision. It does not have a fixed dividend, but it does periodically pay out earned interest. An extensive summary of SWVXX is given in this article, together with information on its expense ratios, investment approach, past performance, and portfolio characteristics.

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