SNRXX Fees and Costs — Schwab Retirement Government Money Fund
Data updated: 2026-04-28
The net expense ratio is 0.19%: a 0.19% management fee plus 0.02% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees.
SNRXX Fees and Expenses
Annual operating expenses and sales charges of SNRXX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.21% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.19% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SNRXX Costs Over Time
On $10,000 invested in SNRXX, assuming 5% a year before costs, total costs come to $121 over 5 years, cutting the return by 0.20% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.19%) | $20 | $63 | $110 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $20 | $66 | $121 |
| Value after costs | $10,480 | $11,510 | $12,642 |
| Impact on return, per year | 0.20% | 0.20% | 0.20% |
SNRXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $237.1B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SNRXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Fixed Income Clearing Corporation | $67.6B | 32.57% |
| J.P. Morgan Securities LLC | $54.0B | 26.01% |
| Wells Fargo Securities, LLC | $19.0B | 9.16% |
| Goldman Sachs & Co. LLC | $13.2B | 6.34% |
| RBC Capital Markets, LLC | $11.2B | 5.40% |
| Barclays Capital Inc. | $10.6B | 5.11% |
| BofA Securities, Inc. | $10.2B | 4.93% |
| Citigroup Global Markets Inc. | $9.8B | 4.72% |
| SMBC Nikko Securities America, Inc. | $6.1B | 2.95% |
| BBVA Securities Inc. | $5.8B | 2.80% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.