DiviDrip · SWKXX

SWKXX — The Charles Schwab Family of Funds - Schwab California Municipal Money Fund

SWKXX is a Money Market Fund

7-Day Yield
1.91%
-25 bp vs. Schwab Municipal median 2.16%
Total Net Assets
$2.42B
Family
Schwab
Type
Municipal
Expense
0.34%
Weekly Liquid
68%
7-Day Yield · last 12 months1.98% → 2.58% (+0.60 pt)
Dec 1, 25low 1.03% · high 2.59%Sep 30, 26
Source: SEC Form N-MFP, daily 7-day net yield readings (209 points)
SEC filing as of Jul 31, 2026
Compare all money market funds

SWKXX (The Charles Schwab Family of Funds - Schwab California Municipal Money Fund) is a Money Market Fund (MMF) — not an individual stock and not an ETF. Money Market Funds are the class of mutual funds that aim to maintain a constant $1.00 Net Asset Value (NAV) at all times. Instead of trading live on an exchange like a stock, they price once per day at their closing NAV and pay their earnings out as regular dividend distributions.

What's inside

Short-dated U.S. Treasury bills, repurchase agreements collateralised by Treasuries, and other highest-credit- quality government or corporate paper. Average portfolio maturity is typically 30–60 days, keeping interest-rate risk minimal.

Where you'll see it

Brokerages (Fidelity, Schwab, Vanguard, First American, BlackRock, Federated Hermes) use MMFs as the automatic cash-sweep vehicle for uninvested cash balances so idle cash earns the short-rate yield.

Aims to maintain $1.00 — not guaranteed. SEC rule 2a-7 governs Money Market Funds, but a fund can still “break the buck” in extreme market stress. MMFs are not FDIC-insured; SIPC covers brokerage custody, not fund credit risk. Read the prospectus before treating any MMF as cash-equivalent.

Ticker convention: US mutual funds always have exactly 5-letter tickers. Money Market Funds specifically end in double-XX (SPAXX, FGXXX, VMFXX, SWVXX); ordinary open-end mutual funds end in a single X (VTSAX, FXAIX); individual stocks are 1–4 letters and ETFs are 3–4 letters. DiviDrip auto-classifies any 3-letter-prefix + XX ticker as an MMF, hides the Dividend Triangle tab (which values dividend growth — not applicable to a $1.00-NAV product), and swaps in this overview instead.

SWKXX is The Charles Schwab Family of Funds - Schwab California Municipal Money Fund. Trading at $1.00.

Dividend snapshot

Annual dividend rate—
Current yield—
Payment frequency—
Next ex-dividend date—
Most recent payment date—
Last payment amount—
5-year dividend CAGR—
3-year dividend CAGR—
Expense ratio0.34%
Payout ratio0%
ExchangeNAS

Price chart & technicals

Price Chart

Overlays

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Expense Ratio0.34%

Technicals

SMA50--
RSI14--

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Data refreshed 2026-10-30. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.

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