SNYXX Fees and Costs — Schwab New York Municipal Money Fund, Ultra Shares
Data updated: 2026-04-28
The net expense ratio is 0.19%: a 0.19% management fee plus 0.01% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees.
SNYXX Fees and Expenses
Annual operating expenses and sales charges of SNYXX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.20% |
| Fee waiver | −0.01% |
| 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 |
SNYXX Costs Over Time
On $10,000 invested in SNYXX, 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% |
SNYXX 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): $8.9B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SNYXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.9B | 23.05% |
| Barclays Capital Inc. | $1.4B | 16.95% |
| BofA Securities, Inc. | $1.0B | 12.40% |
| TD Securities (USA) LLC | $936.9M | 11.32% |
| Goldman Sachs & Co. LLC | $843.8M | 10.20% |
| Morgan Stanley & Co. LLC | $765.9M | 9.26% |
| Wells Fargo Securities, LLC | $654.5M | 7.91% |
| RBC Capital Markets, LLC | $413.5M | 5.00% |
| Piper Sandler & Co. | $164.9M | 1.99% |
| BNY Capital Markets, LLC | $159.6M | 1.93% |
Schwab New York Municipal Money Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SNYXX | Ultra Shares | 0.19% | — |
| SWYXX | Investor Shares | 0.34% | — |
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.