SWYXX — Schwab New York Municipal Money Fund

SWYXX Fund Overview

SWYXX — Schwab New York Municipal Money Fund is a US mutual fund managed by Charles Schwab Family Of Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Charles Schwab Family Of Funds
• Category: Money Market
• Ticker: SWYXX
• SEC CIK: 0000857156
• SEC series ID: S000004513
• Share class ID: C000012395

SWYXX Investment Objective and Strategy

Schwab New York Municipal Money Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Charles Schwab Family Of Funds.

Investment objective

The funds goal is to seek current income that is exempt from federal income and New York state and local income tax, consistent with preservation of capital and liquidity. The funds investment objective is not fundamental and therefore may be changed by the funds Board of Trustees without shareholder approval.

Principal investment strategy

To pursue its goal, the fund invests in money market securities from New York issuers and from municipal agencies, U.S. territories and possessions. These securities may include general obligation issues, which typically are backed by the issuers ability to levy taxes; revenue bonds, which typically are backed by a stream of revenue from a given source, such as a public water system or hospital; municipal commercial paper and municipal notes; and municipal leases, which may be used to finance construction or equipment purchases. The fund may invest more than 25% of its total assets in municipal securities financing similar projects such as those relating to education, health care, transportation, utilities, industrial development and housing. Under normal circumstances, the fund will invest at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in municipal money market securities the interest from which is exempt from federal income and New York state and local income tax.

Up to 20% of the funds net assets may be invested in securities subject to federal income tax and/or New York state and local income tax, such as non-New York municipal obligations, government securities or repurchase agreements. When the fund makes such investments, a higher portion of the funds distributions will likely be subject to federal income tax and/or New York state and local income tax. The fund may purchase certain variable-rate demand securities issued by closed-end municipal bond funds, which, in turn, invest primarily in portfolios of New York tax-exempt municipal bonds. It is anticipated that the interest on the variable-rate demand securities will be exempt from federal and New York State income tax. These securities are considered municipal money market securities for purposes of the funds 80% investment policy stated above.

Many of the funds securities will be subject to credit or liquidity enhancements from U.S. and/or non-U.S. entities, which are designed to provide incremental levels of creditworthiness or liquidity. Some municipal securities have been structured to resemble variable- and floating-rate securities so that they meet the requirements for being considered money market instruments. In choosing securities, the funds manager seeks to maximize current income within the limits of the funds investment objective and credit, maturity and diversification policies. Some of these policies may be stricter than the federal regulations that apply to all money market funds. The investment advisers credit research department analyzes and monitors the securities that the fund owns or is considering buying. The manager may adjust the funds holdings or its average maturity based on actual or anticipated changes in credit quality or market dynamics, such as interest rates.

To preserve its investors capital, the fund seeks to maintain a stable $1.00 share price by operating as a retail money market fund, as such term is defined or interpreted under the rules governing money market funds. For temporary defensive purposes during unusual market conditions, the fund may invest in excess of 20% of the funds assets in securities subject to federal income tax and/or New York state and local income tax, or may hold any portion of the funds assets in cash. When the fund engages in such activities, it may not achieve its investment goal.

SWYXX Costs and Fees

SWYXX costs about $34 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.34%
• Gross expense ratio: 0.35%

SWYXX Debt Constituents

No individual debt constituents are reported in Schwab New York Municipal Money Fund's latest SEC N-PORT filing.

SWYXX Prospectus and SEC Filings

Official Schwab New York Municipal Money Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-04-28
• Prospectus (485BPOS) — filed 2025-04-28
• Prospectus (485BPOS) — filed 2024-04-02
• Annual census (N-CEN) — filed 2026-03-13
• Annual census (N-CEN) — filed 2025-03-13
• Annual census (N-CEN) — filed 2024-03-13

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.