Is SWVXX a dividend stock?
The Charles Schwab Family of Funds - Schwab Value Advantage Money Fund
How money market funds pay you
Money market funds like SWVXX hold short-duration Treasuries, commercial paper, and repos. They pay interest (technically an income distribution) that shows up in your account monthly. The 7-day SEC yield annualizes the past week's income — it's the standard, apples-to-apples comparison across MMFs.
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Frequently asked
Is SWVXX a dividend stock?
SWVXX is a money market fund, not a traditional dividend stock. It pays monthly income distributions (technically interest, not dividends) sourced from short-duration Treasuries and repos. Its current 7-day SEC yield is 3.59%.
How is a money market fund different from a dividend stock?
Dividend stocks pay you a share of company profits, and the share price fluctuates. Money market funds like SWVXX maintain a stable $1.00 NAV and pay interest income. The tradeoff: you give up upside for near-cash safety.
Where does DiviDrip's dividend data come from?
DiviDrip aggregates data from SEC EDGAR filings, Massive Market Data (for real-time quotes and dividend calendars), and — for money market funds only — Yahoo Finance for 7-day yield and AUM. All 5,350+ tickers are classified into dividend, non-dividend, or money-market categories using automated rules that mirror SEC listing standards.
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