|
Douglas P. Dick, Esq. Dechert LLP 1900 K Street, N.W. Washington, DC 20006 |
| |
John M. Loder, Esq. Ropes & Gray LLP 800 Boylston Street Boston, MA 02199‑3600 |
|
|
Sweep Shares |
| |
SWGXX |
|
| Fund Summary | | | | | | | |
| | | | | 1 | | | |
| | | | | 4 | | | |
| | | | | 4 | | | |
| | | | | 4 | | | |
| | | | | 5 | | | |
| | | | | 6 | | | |
| | | | | 7 | | | |
| | | | | 9 | | |
|
Ticker Symbol: |
| |
Sweep Shares:
|
|
|
| |||
| | |
Sweep Shares |
|
| | |
|
|
of the value of your investment) |
| |||
Management fees | | |
|
|
Distribution (12b-1) fees | | |
|
|
Other expenses | | |
|
|
Total annual fund operating expenses | | |
|
|
Less expense reduction | | |
( |
|
Total annual fund operating expenses after expense
reduction(1)
|
| |
|
|
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Sweep Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
|
| | | | | | | | | | | | | | | |
Sweep Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.01 | | |
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | — | | | | | | 0.00(2) | | |
Total from investment operations |
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.01 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income |
| | | | (0.01) | | | | | | (0.00)(2)(3) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.01) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | | | | | (0.00)(2) | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.01) | | |
Net asset value at end of period | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return | | | | | 1.29% | | | | | | 0.02%(3) | | | | | | 0.23% | | | | | | 1.65% | | | | | | 1.23% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses
|
| | | | 0.35%(4)(5) | | | | | | 0.06%(5) | | | | | | 0.30%(5)(6) | | | | | | 0.59% | | | | | | 0.62% | | |
Gross operating expenses
|
| | | | 0.45%(4) | | | | | | 0.45% | | | | | | 0.52% | | | | | | 0.59% | | | | | | 0.62% | | |
Net investment income (loss) |
| | | | 1.21% | | | | | | 0.02% | | | | | | 0.18% | | | | | | 1.64% | | | | | | 1.12% | | |
Net assets, end of period (x 1,000,000) | | | | $ | 20,458 | | | | | $ | 24,159 | | | | | $ | 20,119 | | | | | $ | 12,450 | | | | | $ | 11,325 | | |
| SEC File Number | | | | |
|
The Charles Schwab Family of Funds 811‑05954
|
| | REG13850-28 | |
| Schwab Value Advantage Money Fund® | | | | |
|
Investor Shares |
| |
SWVXX |
|
|
Ultra Shares |
| |
SNAXX |
|
| Schwab® Government Money Fund | | | | |
|
Investor Shares |
| |
SNVXX |
|
|
Ultra Shares |
| |
SGUXX |
|
| Schwab® Treasury Obligations Money Fund | | | | |
|
Investor Shares |
| |
SNOXX |
|
|
Ultra Shares |
| |
SCOXX |
|
|
Schwab®
Retirement Government Money Fund |
| | SNRXX | |
| Schwab® U.S. Treasury Money Fund | | | | |
|
Investor Shares |
| |
SNSXX |
|
|
Ultra Shares |
| |
SUTXX |
|
| Fund Summaries | | | | | | | |
| | | | | 1 | | | |
| | | | | 5 | | | |
| | | | | 8 | | | |
| | | | | 11 | | | |
| | | | | 14 | | | |
| | | | | 17 | | | |
| | | | | 17 | | | |
| | | | | 17 | | | |
| | | | | 18 | | | |
| | | | | 24 | | | |
| | | | | 25 | | | |
| | | | | 25 | | | |
| | | | | 26 | | | |
| | | | | 26 | | | |
| | | | | 26 | | | |
| | | | | 29 | | |
|
Ticker Symbols: |
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
|
| | | | | | | | | | | | | | | | |||
|
| | | | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | |
$1 |
|
|
Ticker Symbols:
|
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
Since Inception |
| |||||||||
|
| | | | | | | | | | | | | | | |
Average Annual Total Returns as
of 12/31/22 |
| |||||||||
| | | | | |
1 Year |
| |
Since Inception ( |
|
|
| | | | |
|
| |
|
|
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | |
$1 |
|
|
Ticker Symbols: |
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
|
| | | | | | | | | | | | | | | |
Average Annual Total Returns as
of 12/31/22 |
| |||||||||
| | | | | |
1 Year |
| |
Since Inception ( |
|
|
| | | | |
|
| |
|
|
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | |
$1 |
|
|
Ticker Symbol: |
| | |
|
|
| |||
| | |
|
|
of the value of your investment) |
| |||
Management fees | | |
|
|
Distribution (12b-1) fees | | |
|
|
Other expenses | | |
|
|
Total annual fund operating expenses | | |
|
|
Less expense reduction | | |
( |
|
Total annual fund operating expenses after expense
reduction(1)
|
| |
|
|
|
|
| |||||||||||||||||||||
|
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
| | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
Since Inception ( |
| |||||||||
|
| | | | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Schwab Retirement Government Money Fund | | | | $ | 1,000,000 | | | | | $ | 1 | | |
|
Ticker Symbols: |
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||
| | |
1 Year |
| |
Since Inception ( |
| ||||||
|
| | | | | | | | | | |
Average Annual Total Returns
as of 12/31/22 |
| ||||||
| | |
1 Year |
| |
Since Inception ( |
|
|
| |
|
| |
|
|
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | |
$1 |
|
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.02 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.02 | | |
Net realized and unrealized
gains (losses) |
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | (0.00)(2) | | |
Total from investment operations
|
| | | | 0.02 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.02 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.02) | | | | | | (0.00)(2)(3) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.02) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | |
Total distributions |
| | | | (0.02) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.02) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 1.54% | | | | | | 0.04%(3) | | | | | | 0.44% | | | | | | 2.07% | | | | | | 1.79% | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses
|
| | | | 0.31%(4)(5) | | | | | | 0.11%(5) | | | | | | 0.28%(5)(6) | | | | | | 0.34% | | | | | | 0.34% | | |
Gross operating expenses
|
| | | | 0.35%(4) | | | | | | 0.35% | | | | | | 0.41% | | | | | | 0.42% | | | | | | 0.44% | | |
Net investment income (loss)
|
| | | | 1.97% | | | | | | 0.04% | | | | | | 0.47% | | | | | | 2.02% | | | | | | 1.87% | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 94,290 | | | | | $ | 42,245 | | | | | $ | 56,419 | | | | | $ | 74,972 | | | | | $ |
47,721 |
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21 12/31/21 |
| |
1/1/20 12/31/20 |
| |
1/1/19 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(1)
|
| | | | 0.02 | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.02 | | | | | | 0.02 | | | ||
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | (0.00)(2) | | |
Total from investment operations |
| | | | 0.02 | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.02 | | | | | | 0.02 | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income |
| | | | (0.02) | | | | | | (0.00)(2)(3) | | | | | | (0.01) | | | | | | (0.02) | | | | | | (0.02) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | |
Total distributions |
| | | | (0.02) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.02) | | | | | | (0.02) | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | ||
Total return | | | | | 1.66% | | | | | | 0.04%(3) | | | | | | 0.53% | | | | | | 2.22% | | | | | | 1.94% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | | | 0.18%(4)(5) | | | | | | 0.11%(5) | | | | | | 0.18%(5)(6) | | | | | | 0.19% | | | | | | 0.19% | | |
Gross operating expenses
|
| | | | 0.20%(4) | | | | | | 0.20% | | | | | | 0.26% | | | | | | 0.27% | | | | | | 0.29% | | |
Net investment income (loss) |
| | | | 2.09% | | | | | | 0.04% | | | | | | 0.56% | | | | | | 2.17% | | | | | | 2.00% | | |
Net assets, end of period (x 1,000,000) | | | | $ | 69,065 | | | $ | 33,078 | | | | | $ | 37,882 | | | | | $ | 47,497 | | | | | $ | 29,554 | | |
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21 12/31/21 |
| |
1/1/20 – 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.02 | | |
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | — | | | | | | 0.00(2) | | |
Total from investment operations
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.02 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2)(3) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.02) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | | | | | (0.00)(2) | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.02) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 1.36% | | | | | | 0.02%(3) | | | | | | 0.30% | | | | | | 1.90% | | | | | | 1.51% | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses |
| | | | 0.30%(4)(5) | | | | | | 0.06%(5) | | | | | | 0.27%(5)(6) | | | | | | 0.35% | | | | | | 0.35% | | |
Gross operating expenses
|
| | | | 0.35%(4) | | | | | | 0.35% | | | | | | 0.43% | | | | | | 0.47% | | | | | | 0.48% | | |
Net investment income (loss)
|
| | | | 1.59% | | | | | | 0.02% | | | | | | 0.28% | | | | | | 1.84% | | | | | | 1.66% | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 10,823 | | | | | $ | 6,782 | | | | | $ | 11,980 | | | | | $ | 13,436 | | | | | $ |
7,871 |
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21 12/31/21 |
| |
9/24/20(10)
– 12/31/20 |
| | | | | | | | | |||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(1)
|
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | |
Total from investment operations |
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2)(3) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Total distributions
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Total return | | | | | 1.48% | | | | | | 0.02%(3) | | | | | | 0.00%(7)(8) | | | | | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | |
|
0.18%(4)(5)
|
| | | |
|
0.06%(5)
|
| | | |
|
0.13%(5)(9)
|
| | | | | | | | | | | | | |
Gross operating expenses
|
| | | | 0.20%(4) | | | | | | 0.20% | | | | | | 0.20%(9) | | | | | | | | | | | | | | |
Net investment income (loss) |
| | | | 1.76% | | | | | | 0.03% | | | | | | 0.01%(9) | | | | | | | | | | | | | | |
Net assets, end of period (x 1,000,000) | | | | $ | 8,636 | | | $ | 4,726 | | | | | $ | 1,647 | | | | | | | | | | | | | | |
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.02 | | |
Net realized and unrealized
gains (losses) |
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | (0.01)(3) | | |
Total from investment operations
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.01 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.01) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.01) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 1.40% | | | | | | 0.01% | | | | | | 0.27% | | | | | | 1.89% | | | | | | 1.51% | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses |
| | | | 0.30%(4)(5) | | | | | | 0.06%(5) | | | | | | 0.30%(5)(6) | | | | | | 0.35% | | | | | | 0.35% | | |
Gross operating expenses
|
| | | | 0.35%(4) | | | | | | 0.35% | | | | | | 0.46% | | | | | | 0.48% | | | | | | 0.49% | | |
Net investment income (loss)
|
| | | | 1.92% | | | | | | 0.01% | | | | | | 0.27% | | | | | | 1.86% | | | | | | 1.57% | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 15,372 | | | | | $ | 5,632 | | | | | $ | 7,573 | | | | | $ | 10,820 | | | | | $ |
7,545 |
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21 12/31/21 |
| |
9/24/20(7)
– 12/31/20 |
| | | | | | | | | |||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(1)
|
| | | | 0.02 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | |
Total from investment operations |
| | | | 0.02 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income
|
| | | | (0.02) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Total distributions
|
| | | | (0.02) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Total return | | | | | 1.52% | | | | | | 0.01% | | | | | | 0.00%(8)(9) | | | | | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | |
|
0.18%(4)(5)
|
| | | |
|
0.06%(5)
|
| | | |
|
0.16%(5)(10)
|
| | | | | | | | | | | | | |
Gross operating expenses
|
| | | | 0.20%(4) | | | | | | 0.20% | | | | | | 0.21%(10) | | | | | | | | | | | | | | |
Net investment income (loss) |
| | | | 2.53% | | | | | | 0.01% | | | | | | 0.01%(10) | | | | | | | | | | | | | | |
Net assets, end of period (x 1,000,000) | | | | $ | 17,073 | | | $ | 2,244 | | | | | $ | 1,754 | | | | | | | | | | | | | | |
| | |
1/1/22– 12/31/22 |
| |
1/1/21 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.02 | | |
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | — | | | | | | 0.00(2) | | |
Total from investment operations |
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.02 | | | | | | 0.02 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.02) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | | | | | (0.00)(2) | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.02) | | | | | | (0.02) | | |
Net asset value at end of period | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return | | | | | 1.47% | | | | | | 0.01% | | | | | | 0.40% | | | | | | 2.07% | | | | | | 1.69% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses
|
| | | | 0.17%(3)(4) | | | | | | 0.07%(4) | | | | | | 0.18%(4) | | | | | | 0.19% | | | | | | 0.19% | | |
Gross operating expenses
|
| | | | 0.21%(3) | | | | | | 0.21% | | | | | | 0.31% | | | | | | 0.35% | | | | | | 0.38% | | |
Net investment income (loss) |
| | | | 1.50% | | | | | | 0.01% | | | | | | 0.38% | | | | | | 2.01% | | | | | | 1.68% | | |
Net assets, end of period (x 1,000,000) | | | | $ | 1,661 | | | | | $ | 1,610 | | | | | $ | 1,804 | | | | | $ | 2,072 | | | | | $ | 1,019 | | |
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/17/18(1)
– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(2)
|
| | | | 0.01 | | | | | | 0.00(3) | | | | | | 0.00(3) | | | | | | 0.02 | | | | | | 0.02 | | |
Net realized and unrealized gains (losses)
|
| | | | 0.00(3) | | | | | | 0.00(3) | | | | | | 0.00(3) | | | | | | 0.00(3) | | | | | | (0.01)(4) | | |
Total from investment operations
|
| | | | 0.01 | | | | | | 0.00(3) | | | | | | 0.00(3) | | | | | | 0.02 | | | | | | 0.01 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(3)(5) | | | | | | (0.00)(3) | | | | | | (0.02) | | | | | | (0.01) | | |
Distributions from net realized gains
|
| | | | (0.00)(3) | | | | | | (0.00)(3) | | | | | | (0.00)(3) | | | | | | (0.00)(3) | | | | | | (0.00)(3) | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(3) | | | | | | (0.00)(3) | | | | | | (0.02) | | | | | | (0.01) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 1.26% | | | | | | 0.02%(5) | | | | | | 0.27% | | | | | | 1.84% | | | | | | 1.40%(6) | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses
|
| | |
|
0.28%(7)(8)
|
| | | |
|
0.05%(8)
|
| | | |
|
0.23%(8)(9)
|
| | | |
|
0.35% |
| | | |
|
0.35%(10)
|
| |
Gross operating expenses
|
| | | | 0.35%(7) | | | | | | 0.35% | | | | | | 0.45% | | | | | | 0.49% | | | | | | 0.49%(10) | | |
Net investment income (loss)
|
| | | | 1.26% | | | | | | 0.02% | | | | | | 0.15% | | | | | | 1.77% | | | | | | 1.64%(10) | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 7,959 | | | | | $ | 7,468 | | | | | $ | 11,297 | | | | | $ | 7,517 | | | | | $ |
3,414 |
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
9/24/20(1)–
12/31/20 |
| | | | | | | | | |||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(2)
|
| | | | 0.01 | | | | 0.00(3) | | | | | | 0.00(3) | | | | | | | | | | | | | | | ||
Net realized and unrealized gains (losses)
|
| | | | 0.00(3) | | | | | | 0.00(3) | | | | | | 0.00(3) | | | | | | | | | | | | | | |
Total from investment operations |
| | | | 0.01 | | | | 0.00(3) | | | | | | 0.00(3) | | | | | | | | | | | | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income |
| | | | (0.01) | | | | | | (0.00)(3)(5) | | | | | | (0.00)(3) | | | | | | | | | | | | | | |
Distributions from net realized gains
|
| | | | (0.00)(3) | | | | | | (0.00)(3) | | | | | | (0.00)(3) | | | | | | | | | | | | | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(3) | | | | | | (0.00)(3) | | | | | | | | | | | | | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Total return | | | | | 1.38% | | | | | | 0.02%(5) | | | | | | 0.00%(6)(11) | | | | | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | |
|
0.17%(7)(8)
|
| | | |
|
0.05%(8)
|
| | | |
|
0.12%(8)(10)
|
| | | | | | | | | | | | | |
Gross operating expenses
|
| | | | 0.20%(7) | | | | | | 0.20% | | | | | | 0.21%(10) | | | | | | | | | | | | | | |
Net investment income (loss) |
| | | | 1.58% | | | | | | 0.02% | | | | | | 0.01%(10) | | | | | | | | | | | | | | |
Net assets, end of period (x 1,000,000) | | | | $ | 6,176 | | | $ | 3,850 | | | | | $ | 2,260 | | | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investments |
| ||||||
| Schwab Value Advantage Money Fund | | | | | | | | | | | | | |
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra Shares
|
| | | $ | 1,000,000 | | | | | $ | 1 | | |
| Schwab Government Money Fund | | | | | | | | | | | | | |
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra
Shares |
| | | $ | 1,000,000 | | | | | $ | 1 | | |
| Schwab Treasury Obligations Money Fund | | | | | | | | | | | | | |
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra Shares |
| | | $ | 1,000,000 | | | | | $ | 1 | | |
| Schwab Retirement Government Money Fund | | | | $ | 1,000,000 | | | | | $ | 1 | | |
| Schwab U.S. Treasury Money Fund | | | | | | | | | | | | | |
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra Shares |
| | | $ | 1,000,000 | | | | | $ | 1 | | |
Fund |
| |
Shareholder Servicing Fee |
| |||
Schwab Value Advantage Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Value Advantage Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Government Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Government Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Treasury Obligations Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Treasury Obligations Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Retirement Government Money Fund | | | | | 0.00% | | |
Schwab U.S. Treasury Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab U.S. Treasury Money Fund – Ultra Shares | | | | | 0.00% | | |
| SEC File Number | | | | |
|
The Charles Schwab Family of Funds 811‑05954
|
| | REG13852-27 | |
| Schwab® AMT Tax-Free Money Fund | | | | |
|
Investor Shares |
| |
SWWXX |
|
|
Ultra Shares |
| |
SCTXX |
|
| Schwab® Municipal Money Fund | | | | |
|
Investor Shares |
| |
SWTXX |
|
|
Ultra Shares |
| |
SWOXX |
|
|
Schwab®
California Municipal Money Fund |
| | | |
|
Investor Shares |
| |
SWKXX |
|
|
Ultra Shares |
| |
SCAXX |
|
|
Schwab®
New York Municipal Money Fund |
| | | |
|
Investor Shares |
| |
SWYXX |
|
|
Ultra Shares |
| |
SNYXX |
|
| Fund Summaries | | | | | | | |
| | | | | 1 | | | |
| | | | | 5 | | | |
| | | | | 9 | | | |
| | | | | 13 | | | |
| | | | | 17 | | | |
| | | | | 17 | | | |
| | | | | 17 | | | |
| | | | | 18 | | | |
| | | | | 23 | | | |
| | | | | 24 | | | |
| | | | | 24 | | | |
| | | | | 25 | | | |
| | | | | 25 | | | |
| | | | | 25 | | | |
| | | | | 28 | | |
|
Ticker Symbols: |
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
|
| | | | | | | | | | | | | | | |
Average Annual Total Returns
as of 12/31/22 |
| |||||||||||||||
| | | | | |
1 Year |
| |
Since Inception ( |
| ||||||
|
| | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | | | $ | 1 | | |
|
Ticker Symbols:
|
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
|
| | | | | | | | | | | | | | | | |||
|
| | | | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | |
$1 |
|
|
Ticker Symbols: |
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
|
| | | | | | | | | | | | | | | |
Average Annual Total Returns
as of 12/31/22 |
| |||||||||
| | | | | |
1 Year |
| |
Since Inception ( |
|
|
| | | | |
|
| |
|
|
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | | | $ | 1 | | |
|
Ticker Symbols: |
| |
Investor Shares: |
| |
Ultra Shares: |
|
|
| ||||||||||||
| | |
Investor Shares |
| |
Ultra Shares |
| ||||||
| | | | | | | | | | | |
of the value of your investment) |
| ||||||||||||
Management fees | | | | | | | | | | | | ||
Distribution (12b-1) fees | | |
|
| |
|
| ||||||
Other expenses | | | | | | | | | | | | ||
Total annual fund operating expenses |
| | | | | | | | | | | ||
Less expense reduction | | | | | ( |
| | | | | ( |
| |
Total annual fund operating expenses after expense
reduction(1) |
| | | | | | | | | | |
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Investor Shares |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
|
| | | | | | | | | | | | | | | |
Average Annual Total Returns as
of 12/31/22 |
| |||||||||||||||
| | | | | |
1 Year |
| |
Since Inception ( |
| ||||||
|
| | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Investor Shares | | | | | None | | | | | | None | | |
| Ultra Shares | | | | $ | 1,000,000 | | | | | $ | 1 | | |
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Net realized and unrealized
gains (losses) |
| | | | (0.00)(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | (0.00)(2) | | |
Total from investment operations
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01)(3) | | |
Distributions from net realized gains
|
| | | | — | | | | | | (0.00)(2) | | | | | | — | | | | | | — | | | | | | — | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 0.90% | | | | | | 0.02% | | | | | | 0.34% | | | | | | 1.19% | | | | | | 1.20%(3) | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses |
| | | | 0.31%(4)(5) | | | | | | 0.11%(5) | | | | | | 0.31%(5)(6) | | | | | | 0.35% | | | | | | 0.35% | | |
Gross operating expenses
|
| | | | 0.37%(4) | | | | | | 0.37% | | | | | | 0.49% | | | | | | 0.52% | | | | | | 0.51% | | |
Net investment income (loss)
|
| | | | 1.01% | | | | | | 0.01% | | | | | | 0.38% | | | | | | 1.17% | | | | | | 1.14% | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 875 | | | | | $ | 644 | | | | | $ | 835 | | | | | $ | 1,273 | | | | | $ |
1,128 |
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
9/24/20(7)
– 12/31/20 |
| | | | | | | | | |||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(1)
|
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Net realized and unrealized gains (losses) |
| | | | (0.00)(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | |
Total from investment operations |
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Distributions from net realized gains |
| | | | — | | | | (0.00)(2) | | | | | | — | | | | | | | | | | | | | | | ||
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Total return | | | | | 1.03% | | | | | | 0.02% | | | | | | 0.01%(8) | | | | | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | |
|
0.19%(4)(5)
|
| | | |
|
0.11%(5)
|
| | | |
|
0.19%(5)(9)
|
| | | | | | | | | | | | | |
Gross operating expenses
|
| | | | 0.22%(4) | | | | | | 0.22% | | | | | | 0.22%(9) | | | | | | | | | | | | | | |
Net investment income (loss) |
| | | | 1.50% | | | | | | 0.01% | | | | | | 0.02%(9) | | | | | | | | | | | | | | |
Net assets, end of period (x 1,000,000) | | | | $ | 967 | | | $ | 161 | | | | | $ | 229 | | | | | | | | | | | | | | |
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Net realized and unrealized
gains (losses) |
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | (0.00)(2) | | |
Total from investment operations
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | | | | | — | | | | | | — | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 0.92% | | | | | | 0.02% | | | | | | 0.35% | | | | | | 1.20% | | | | | | 1.15% | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses |
| | | | 0.32%(3)(4) | | | | | | 0.11%(4) | | | | | | 0.29% (4)(5) | | | | | | 0.34% | | | | | | 0.34% | | |
Gross operating expenses
|
| | | | 0.35%(3) | | | | | | 0.35% | | | | | | 0.45% | | | | | | 0.48% | | | | | | 0.48% | | |
Net investment income (loss)
|
| | | | 1.07% | | | | | | 0.01% | | | | | | 0.35% | | | | | | 1.19% | | | | | | 1.17% | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 2,954 | | | | | $ | 1,597 | | | | | $ | 2,041 | | | | | $ | 2,674 | | | | | $ |
2,735
|
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(1)
|
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | | ||
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | (0.00)(2) | | |
Total from investment operations |
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01) | | |
Distributions from net realized gains |
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | | | | | — | | | | | | — | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01) | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | ||
Total return | | | | | 1.05% | | | | | | 0.02% | | | | | | 0.44% | | | | | | 1.35% | | | | | | 1.30% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | | | 0.19%(3)(4) | | | | | | 0.11%(4) | | | | | | 0.19%(4)(5) | | | | | | 0.19% | | | | | | 0.19% | | |
Gross operating expenses
|
| | | | 0.20%(3) | | | | | | 0.20% | | | | | | 0.30% | | | | | | 0.33% | | | | | | 0.33% | | |
Net investment income (loss) |
| | | | 1.18% | | | | | | 0.01% | | | | | | 0.45% | | | | | | 1.33% | | | | | | 1.31% | | |
Net assets, end of period (x 1,000,000) | | | | $ | 11,582 | | | $ | 6,405 | | | | | $ | 9,948 | | | | | $ | 13,010 | | | | | $ | 12,748 | | |
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | |
Total from investment operations
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01)(3) | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | |
Total distributions |
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 0.87% | | | | | | 0.03% | | | | | | 0.32% | | | | | | 1.10% | | | | | | 1.10%(3) | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses |
| | | | 0.30%(4)(5) | | | | | | 0.10%(5) | | | | | | 0.28%(5)(6) | | | | | | 0.35% | | | | | | 0.35% | | |
Gross operating expenses
|
| | | | 0.35%(4) | | | | | | 0.35% | | | | | | 0.46% | | | | | | 0.49% | | | | | | 0.49% | | |
Net investment income (loss)
|
| | | | 0.92% | | | | | | 0.01% | | | | | | 0.37% | | | | | | 1.08% | | | | | | 1.12% | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 2,604 | | | | | $ | 2,224 | | | | | $ | 3,405 | | | | | $ | 6,168 | | | | | $ |
5,526 |
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
9/24/20(7)
– 12/31/20 |
| | | | | | | | | |||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(1)
|
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Net realized and unrealized gains (losses)
|
| | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | |
Total from investment operations
|
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Distributions from net realized gains
|
| | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Total distributions
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Total return | | | | | 0.99% | | | | | | 0.03% | | | | | | 0.01%(8) | | | | | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | |
|
0.19%(4)(5)
|
| | | |
|
0.09%(5)
|
| | | |
|
0.16%(5)(9)
|
| | | | | | | | | | | | | |
Gross operating expenses
|
| | | | 0.20%(4) | | | | | | 0.20% | | | | | | 0.20%(9) | | | | | | | | | | | | | | |
Net investment income (loss) |
| | | | 1.45% | | | | | | 0.01% | | | | | | 0.01%(9) | | | | | | | | | | | | | | |
Net assets, end of period (x 1,000,000) | | | | $ | 5,456 | | | $ | 778 | | | | | $ | 375 | | | | | | | | | | | | | | |
Investor Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Income (loss) from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Net realized and unrealized
gains (losses) |
| | | | (0.00)(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | (0.00)(2) | | |
Total from investment operations
|
| | | | 0.01 | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | 0.01 | | | | | | 0.01 | | |
Less distributions: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01)(3) | | |
Distributions from net realized gains
|
| | | | — | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | — | | | | | | — | | |
Total distributions
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | (0.01) | | | | | | (0.01) | | |
Net asset value at end of period |
| | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | | | | $ | 1.00 | | |
Total return |
| | | | 0.92% | | | | | | 0.06% | | | | | | 0.34% | | | | | | 1.18% | | | | | | 1.16%(3) | | |
Ratios/Supplemental Data |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses |
| | | | 0.31%(4)(5) | | | | | | 0.12%(5) | | | | | | 0.30%(5)(6) | | | | | | 0.35% | | | | | | 0.35% | | |
Gross operating expenses |
| | | | 0.37%(4) | | | | | | 0.38% | | | | | | 0.49% | | | | | | 0.51% | | | | | | 0.52% | | |
Net investment income (loss)
|
| | | | 1.05% | | | | | | 0.01% | | | | | | 0.43% | | | | | | 1.16% | | | | | | 1.16% | | |
Net assets, end of period (x 1,000,000) |
| | | $ | 702 | | | | | $ | 470 | | | | | $ | 668 | | | | | $ | 1,466 | | | | | $ |
1,126 |
| |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
9/24/20(7)
– 12/31/20 |
| | | | | | | | | |||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net asset value at beginning of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income (loss)(1)
|
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Net realized and unrealized gains (losses)
|
| | | | (0.00)(2) | | | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | |
Total from investment operations
|
| | | | 0.01 | | | | 0.00(2) | | | | | | 0.00(2) | | | | | | | | | | | | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Distributions from net investment income
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Distributions from net realized gains
|
| | | | — | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | | ||
Total distributions
|
| | | | (0.01) | | | | | | (0.00)(2) | | | | | | (0.00)(2) | | | | | | | | | | | | | | |
Net asset value at end of period | | | | $ | 1.00 | | | $ | 1.00 | | | | | $ | 1.00 | | | | | | | | | | | | | | | ||
Total return | | | | | 1.05% | | | | | | 0.06% | | | | | | 0.02%(8) | | | | | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net operating expenses |
| | | | 0.19%(4)(5) | | | | | | 0.12%(5) | | | | | | 0.19%(9) | | | | | | | | | | | | | | |
Gross operating expenses |
| | | | 0.22%(4) | | | | | | 0.23% | | | | | | 0.22%(9) | | | | | | | | | | | | | | |
Net investment income (loss) |
| | | | 1.60% | | | | | | 0.01% | | | | | | 0.03%(9) | | | | | | | | | | | | | | |
Net assets, end of period (x 1,000,000) | | | | $ | 1,058 | | | $ | 98 | | | | | $ | 119 | | | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Schwab AMT Tax-Free Money Fund | | ||||||||||||
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra Shares |
| | | $ | 1,000,000 | | | | | $ | 1 | | |
| Schwab Municipal Money Fund | | ||||||||||||
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra Shares
|
| | | $ | 1,000,000 | | | | | $ | 1 | | |
| Schwab California Municipal Money Fund | | ||||||||||||
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra Shares |
| | | $ | 1,000,000 | | | | | $ | 1 | | |
| Schwab New York Municipal Money Fund | | ||||||||||||
|
Investor Shares
|
| | | | None | | | | | | None | | |
|
Ultra Shares |
| | | $ | 1,000,000 | | | | | $ | 1 | | |
Fund |
| |
Shareholder Servicing Fee |
| |||
Schwab AMT Tax-Free Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab AMT Tax-Free Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Municipal Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Municipal Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab California Municipal Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab California Municipal Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab New York Municipal Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab New York Municipal Money Fund – Ultra Shares | | | | | 0.00% | | |
| SEC File Number | | | | |
|
The Charles Schwab Family of Funds 811‑05954
|
| | REG13854-28 | |
|
Ultra Shares |
| |
SVUXX |
|
| Fund Summary | | | | | | | |
| | | | | 1 | | | |
| | | | | 5 | | | |
| | | | | 5 | | | |
| | | | | 5 | | | |
| | | | | 6 | | | |
| | | | | 7 | | | |
| | | | | 8 | | | |
| | | | | 8 | | | |
| | | | | 9 | | | |
| | | | | 9 | | | |
| | | | | 9 | | | |
| | | | | 11 | | |
|
Ticker Symbol:
|
| |
Ultra Shares: |
|
|
| |||
| | |
Ultra Shares |
|
| | |
|
|
of the value of your investment) |
| |||
Management fees | | |
|
|
Distribution (12b-1) fees | | |
|
|
Other expenses | | |
|
|
Total annual fund operating expenses | | |
|
|
Less expense reduction | | |
( |
|
Total annual fund operating expenses after expense
reduction(1)
|
| |
|
|
|
| ||||||||||||||||||||||||
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Ultra Shares | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
|
| ||||||||||||||||||
| | |
1 Year |
| |
5 Years |
| |
Since Inception ( |
| |||||||||
|
| | | | | | | | | | | | | | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Ultra Shares | | | | $ | 1,000,000 | | | | | $ | 1 | | |
Ultra Shares |
| |
1/1/22– 12/31/22 |
| |
1/1/21– 12/31/21 |
| |
1/1/20– 12/31/20 |
| |
1/1/19– 12/31/19 |
| |
1/1/18– 12/31/18 |
| |||||||||||||||
Per-Share Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net asset value at beginning of period | | | | $ | 1.0003 | | | | | $ | 1.0003 | | | | | $ | 1.0004 | | | | | $ | 1.0002 | | | | | $ | 1.0001 | | |
Income (loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)(1)
|
| | | | 0.0204 | | | | | | 0.0003 | | | | | | 0.0057 | | | | | | 0.0217 | | | | | | 0.0201 | | |
Net realized and unrealized gains (losses)
|
| | | | (0.0038)(2) | | | | | | (0.0000)(3) | | | | | | (0.0008) | | | | | | 0.0005 | | | | | | (0.0009) | | |
Total from investment operations |
| | | | 0.0166 | | | | | | 0.0003 | | | | | | 0.0049 | | | | | | 0.0222 | | | | | | 0.0192 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net investment income |
| | | | (0.0166) | | | | | | (0.0003) | | | | | | (0.0050) | | | | | | (0.0220) | | | | | | (0.0191) | | |
Distributions from net realized gains
|
| | | | — | | | | | | — | | | | | | — | | | | | | (0.0000)(3) | | | | | | — | | |
Total distributions |
| | | | (0.0166) | | | | | | (0.0003) | | | | | | (0.0050) | | | | | | (0.0220) | | | | | | (0.0191) | | |
Net asset value at end of period | | | | $ | 1.0003 | | | | | $ | 1.0003 | | | | | $ | 1.0003 | | | | | $ | 1.0004 | | | | | $ | 1.0002 | | |
Total return | | | | | 1.64% | | | | | | 0.03% | | | | | | 0.49% | | | | | | 2.24% | | | | | | 1.94% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Ratios to average net assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net operating expenses |
| | | | 0.18%(4)(5) | | | | | | 0.11%(5) | | | | | | 0.18%(5) | | | | | | 0.19% | | | | | | 0.19% | | |
Gross operating expenses
|
| | | | 0.21%(4) | | | | | | 0.21% | | | | | | 0.31% | | | | | | 0.34% | | | | | | 0.35% | | |
Net investment income (loss) |
| | | | 2.04% | | | | | | 0.03% | | | | | | 0.57% | | | | | | 2.17% | | | | | | 2.01% | | |
Net assets, end of period (x 1,000,000) | | | | $ | 4,878 | | | | | $ | 2,693 | | | | | $ | 3,414 | | | | | $ | 5,388 | | | | | $ | 3,796 | | |
| | | |
Minimum Initial Investment |
| |
Minimum Additional Investment |
| ||||||
| Ultra Shares | | | | $ | 1,000,000 | | | | | $ | 1 | | |
| SEC File Number | | | | |
|
The Charles Schwab Family of Funds 811‑05954
|
| | REG90260-07 | |
| Schwab Value Advantage Money Fund® | | | | |
|
Investor Shares |
| |
SWVXX |
|
|
Ultra Shares |
| |
SNAXX |
|
| Schwab® Government Money Fund | | | | |
|
Sweep Shares |
| |
SWGXX |
|
|
Investor Shares |
| |
SNVXX |
|
|
Ultra Shares |
| |
SGUXX |
|
| Schwab® Treasury Obligations Money Fund | | | | |
|
Investor Shares |
| |
SNOXX |
|
|
Ultra Shares |
| |
SCOXX |
|
|
Schwab®
Retirement Government Money Fund |
| | SNRXX | |
| Schwab® U.S. Treasury Money Fund | | | | |
|
Investor Shares |
| |
SNSXX |
|
|
Ultra Shares |
| |
SUTXX |
|
| | |
Page
|
| |||
| | | | 1 | | | |
| | | | 1 | | | |
| | | | 1 | | | |
| | | | 11 | | | |
| | | | 13 | | | |
| | | | 20 | | | |
| | | | 22 | | | |
| | | | 25 | | | |
| | | | 27 | | | |
| | | | 27 | | | |
| | | | 29 | | | |
| | | | 29 | | | |
| | | | 32 | | | |
APPENDIX — RATINGS OF INVESTMENT SECURITIES | | | | | | | |
APPENDIX — PROXY VOTING POLICY | | | | | | | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(1)) |
| |
Principal Occupations During the Past Five Years |
| |
Number of Portfolios in Fund Complex Overseen by the Trustee |
| |
Other Directorships During
the Past Five Years |
|
|
INDEPENDENT TRUSTEES |
| |||||||||
| Michael J. Beer(2)
1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) |
| | Retired. Director, President and Chief Executive Officer (Dec. 2016-Sept. 2019), Principal Funds (investment management). | | |
105 |
| | Director (2016-2019), Principal Funds, Inc. | |
| Robert
W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) |
| | Retired/Private Investor. | | |
105 |
| | None | |
| Nancy
F. Heller 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) |
| | Retired. | | |
105 |
| | None | |
| David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) |
| | Private Investor. | | |
105 |
| |
Director (2004‑present),
Corcept Therapeutics Incorporated Director (2009‑2021),
Adamas Pharmaceuticals, Inc. Director (2003‑2019),
Symantec Corporation |
|
| Jane P. Moncreiff 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2019) |
| | Consultant (2018-present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009-2017), CareGroup Healthcare System, Inc. (healthcare). | | |
105 |
| | None | |
| Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) |
| | Consultant (2008-present), Patmore Management Consulting (management consulting). | | |
105 |
| | None | |
| J. Derek Penn 1957 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) |
| | Head of Equity Sales and Trading (2006 - 2018), BNY Mellon (financial services). | | |
105 |
| | None | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(1)) |
| |
Principal Occupations During the Past Five Years |
| |
Number of Portfolios in Fund Complex Overseen by the Trustee |
| |
Other Directorships During
the Past Five Years |
|
|
INTERESTED TRUSTEES |
| |||||||||
| Walter
W. Bettinger II(3)
1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust since 2010) |
| | Co-Chairman of the Board (July 2022-present), Director and Chief Executive Officer (Oct. 2008-present) and President (Feb. 2007-Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008-Oct. 2021) and Director (May 2008-Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006-present), Charles Schwab Bank, SSB; Director (Nov. 2017-present), Charles Schwab Premier Bank, SSB; Director (July 2019-present), Charles Schwab Trust Bank; Director (May 2008-present), Chief Executive Officer (Aug. 2017-present) and President (Aug. 2017-Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020-present), TD Ameritrade Holding Corporation; Director (July 2016-Oct. 2021), Charles Schwab Investment Management, Inc. | | |
105 |
| | Director
(2008‑present), The Charles Schwab Corporation |
|
| Richard A. Wurster(2)(3)
1973 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) |
| | President (Oct. 2021-present) and Executive Vice President – Schwab Asset Management Solutions (Apr. 2019-Oct. 2021), The Charles Schwab Corporation; President, Director (Oct. 2021-present), Executive Vice President – Schwab Asset Management Solutions (July 2019-Oct. 2021) and Senior Vice President – Advisory (May 2016-July 2019), Charles Schwab & Co., Inc.; President (Nov. 2021-present), Schwab Holdings, Inc.; Director (Oct. 2021-present) and Chief Executive Officer (Nov. 2019-Jan. 2022), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Mar. 2018-Oct. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (July 2016-Apr. 2018) and President (Mar. 2017-Apr. 2018), ThomasPartners, Inc.; Chief Executive Officer (July 2016-Apr. 2018), Windhaven Investment Management, Inc. | | |
105 |
| | None | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(4) ) |
| |
Principal Occupations During the Past Five
Years |
|
|
OFFICERS |
| |||
| Jonathan de St. Paer 1973 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) |
| | Director (Apr. 2019-present), President (Oct. 2018-present), Chief Operating Officer (Jan. 2021-present) and Chief Executive Officer (Apr. 2019-Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020-Mar. 2022) and Chief Operating Officer (Jan. 2021-Mar. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Apr. 2019-present), President (Nov. 2018-present) and Trustee (Apr. 2019-Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (May 2022-present), Senior Vice President (Apr. 2019-May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014-Mar. 2019), Charles Schwab & Co., Inc. | |
| Mark Fischer 1970 Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) |
| | Chief Operating Officer (Dec. 2020-present) and Treasurer and Chief Financial Officer (Jan. 2016-Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Chief Financial Officer (Mar. 2020-present) and Vice President (Oct. 2013-present), Charles Schwab Investment Management, Inc. | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(4) ) |
| |
Principal Occupations During the Past Five
Years |
|
| Dana
Smith 1965 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2023) |
| | Treasurer and Chief Financial Officer (Jan. 2023-present) and Assistant Treasurer (Dec. 2015-Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Vice President (Mar. 2022-present) and Director (Oct. 2015-Mar. 2022), Charles Schwab Investment Management, Inc. | |
| Omar Aguilar
1970 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) |
| | Chief Executive Officer (Jan. 2022-present), Chief Investment Officer (Apr. 2011-present) and Senior Vice President (Apr. 2011-Dec. 2021), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Oct. 2022-present), Charles Schwab Investment Advisory, Inc. Vice President and Chief Investment Officer (June 2011-present), Schwab Funds, Laudus Trust and Schwab ETFs. | |
| Brett Wander
1961 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) |
| | Senior Vice President and Chief Investment Officer (Apr. 2011-present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011-present), Schwab Funds, Laudus Trust and Schwab ETFs. | |
| William
P. McMahon, Jr. 1972 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) |
| | Senior Vice President and Chief Investment Officer (Jan. 2020-present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021-present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer - ThomasPartners Strategies (Apr. 2018-Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001-Apr. 2018), ThomasPartners, Inc. | |
| Catherine
MacGregor 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Trust (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) |
| | Chief Legal Officer (Mar. 2022-present) and Vice President (Sept. 2005-present), Charles Schwab Investment Management, Inc.; Managing Director (May 2022-present) and Vice President (July 2005-May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005-present) and Chief Legal Officer and Clerk (Mar. 2007-present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021-present), Vice President (Nov. 2005-Oct. 2021) and Assistant Secretary (June 2007-Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021-present), Vice President and Assistant Secretary (Oct. 2009-Oct. 2021), Schwab ETFs. | |
Name of Trustee |
| |
Aggregate Compensation from the Funds in this SAI |
| |
Pension or Retirement Benefits Accrued as Part of Fund Expenses |
| |
Total Compensation from the Funds and Fund Complex Paid to Trustees |
| ||||||
INTERESTED TRUSTEES |
| |||||||||||||||
Walter W. Bettinger II | | | | | None | | | |
N/A |
| | | | None | | |
Richard A. Wurster(1) | | | | | None | | | |
N/A |
| | | | None | | |
INDEPENDENT TRUSTEES |
| |||||||||||||||
Michael J. Beer(1) | | | | $ | 13,889 | | | |
N/A |
| | | $ | 82,500 | | |
Robert W. Burns | | | | $ | 48,699 | | | |
N/A |
| | | $ | 330,000 | | |
Nancy F. Heller | | | | $ | 48,699 | | | |
N/A |
| | | $ | 330,000 | | |
David L. Mahoney | | | | $ | 51,650 | | | |
N/A |
| | | $ | 350,000 | | |
Jane P. Moncreiff | | | | $ | 51,650 | | | |
N/A |
| | | $ | 350,000 | | |
Kiran M. Patel(2) | | | | $ | 51,650 | | | |
N/A |
| | | $ | 350,000 | | |
Kimberly S. Patmore | | | | $ | 48,699 | | | |
N/A |
| | | $ | 330,000 | | |
J. Derek Penn | | | | $ | 48,699 | | | |
N/A |
| | | $ | 330,000 | | |
Name of Trustee |
| |
Dollar Range of Trustee Ownership of the Funds Included
in the SAI |
| |
Aggregate Dollar Range of Trustee Ownership in the Family of Investment Companies |
| |||
INTERESTED TRUSTEES |
| |||||||||
Walter W. Bettinger II | | | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
Over $100,000 |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
Name of Trustee |
| |
Dollar Range of Trustee Ownership of the Funds Included
in the SAI |
| |
Aggregate Dollar Range of Trustee Ownership in the Family of Investment Companies |
| |||
Richard A. Wurster(1)
|
| | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
None |
| | | |
| | | Schwab Government Money Fund | | |
$1-$10,000 |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
INDEPENDENT TRUSTEES |
| |||||||||
Michael J. Beer(1)
|
| | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
Over $100,000 |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
Robert W. Burns |
| | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
Over $100,000 |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
Nancy F. Heller |
| | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
None |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
David L. Mahoney |
| | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
None |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
Jane P. Moncreiff |
| | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
None |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
Kimberly S. Patmore | | | | | | | | |
Over $100,000 |
|
| | | Schwab Value Advantage Money Fund | | |
None |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
Name of Trustee |
| |
Dollar Range of Trustee Ownership of the Funds Included
in the SAI |
| |
Aggregate Dollar Range of Trustee Ownership in the Family of Investment Companies |
| |||
J. Derek Penn | | | | | | | | |
None |
|
| | | Schwab Value Advantage Money Fund | | |
None |
| | | |
| | | Schwab Government Money Fund | | |
None |
| | | |
| | | Schwab Treasury Obligations Money Fund | | |
None |
| | | |
| | | Schwab Retirement Government Money Fund | | |
None |
| | | |
| | | Schwab U.S. Treasury Money Fund | | |
None |
| | | |
Fund |
| |
Name and Address |
| |
Percentage of Ownership |
| ||||
Schwab Value Advantage Money
Fund
Investor
Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N 211 Main Street San Francisco, CA 94105‑1905 |
| | | | 87.75 | % | | |
| TD Ameritrade
Inc. For the Exclusive Benefit of Our Clients PO Box 2226 Omaha, NE 68103‑2226 |
| | | | 12.20 | % | | | ||
Schwab Value Advantage Money
Fund
Ultra Shares
|
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 93.53 | % | | |
| TD Ameritrade
Inc. For the Exclusive Benefit of Our Clients |
| | | | 6.47 | % | | | ||
Schwab Government Money Fund
Sweep Shares |
| | Charles
Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 100 | % | | |
Fund |
| |
Name and Address |
| |
Percentage of Ownership |
| ||||
Schwab Government Money Fund
Investor
Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 85.62 | % | | |
| TD Ameritrade
Inc. For the Exclusive Benefit of Our Clients |
| | | | 14.33 | % | | | ||
Schwab Government Money Fund
Ultra Shares
|
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 95.54 | % | | |
| Schwab
Charitable Fund 211 Main Street San Francisco, CA 94105 |
| | | | 18.66 | %(1) | | | ||
Schwab Treasury Obligations
Money Fund
Investor
Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 77.57 | % | | |
| TD Ameritrade
Inc. For the Exclusive Benefit of Our Clients |
| | | | 22.43 | % | | | ||
Schwab Treasury Obligations
Money Fund
Ultra Shares
|
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 89.29 | % | | |
| TD Ameritrade
Inc. For the Exclusive Benefit of Our Clients |
| | | | 10.71 | % | | | ||
Schwab Retirement Government
Money Fund
|
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 36.93 | % | | |
| Ascensus
FBO American Century Kansas Postsecondary Education Savings Program Attn: SSB&T Custodian Fund 693 4500 Main Street Kansas City, MO 64111‑7709 |
| | | | 17.30 | % | | | ||
| Joseph
Adams c/o Charles Schwab Trust Bank Enhanced Revenue 2360 Corporate Circle Suite 400 Henderson, NV 89074 |
| | | | 35.63 | %(1) | | | ||
Schwab U.S. Treasury Money
Fund
Investor
Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 85.74 | % | | |
| TD Ameritrade
Inc. For the Exclusive Benefit of Our Clients |
| | | | 14.25 | % | | | ||
Schwab U.S. Treasury Money
Fund
Ultra Shares
|
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| | | | 92.55 | % | | |
| TD Ameritrade
Inc. For the Exclusive Benefit of Our Clients |
| | | | 7.31 | % | | |
Average Daily Net Assets |
| |
Fee |
| |||
First $1 billion | | | | | 0.35% | | |
More than $1 billion but not exceeding $10 billion | | | | | 0.32% | | |
More than $10 billion but not exceeding $20 billion | | | | | 0.30% | | |
More than $20 billion but not exceeding $40 billion | | | | | 0.27% | | |
More than $40 billion | | | | | 0.25% | | |
Fund |
| | | | |
2022 |
| |
2021 |
| |
2020 |
| |||||||||
Schwab Value Advantage Money Fund |
| | Net fees paid: | | | | $ | 175,523,983 | | | | | $ | 152,039,642 | | | | | $ | 211,404,679 | | |
| | | Gross fees reduced by: | | | | $ | 5,905,793 | | | | | $ | 2,402,127 | | | | | $ | 61,381,281 | | |
Schwab Government Money Fund |
| | Net fees paid: | | | | $ | 67,004,522 | | | | | $ | 61,435,215 | | | | | $ | 85,258,661 | | |
| | | Gross fees reduced by: | | | | $ | 1,823,187 | | | | | $ | 216,605 | | | | | $ | 24,566 | | |
Schwab Treasury Obligations Money Fund |
| | Net fees paid: | | | | $ | 26,775,368 | | | | | $ | 15,629,887 | | | | | $ | 33,032,106 | | |
| | | Gross fees reduced by: | | | | $ | 1,223,596 | | | | | $ | 230,351 | | | | | $ | 51,657 | | |
Schwab Retirement Government Money Fund |
| | Net fees paid: | | | | $ | 2,819,438 | | | | | $ | 3,025,480 | | | | | $ | 4,141,557 | | |
| | | Gross fees reduced by: | | | | $ | 264,567 | | | | | $ | 289,897 | | | | | $ | 2,812,708 | | |
Schwab U.S. Treasury Money Fund |
| | Net fees paid: | | | | $ | 19,657,227 | | | | | $ | 21,465,004 | | | | | $ | 43,001,114 | | |
| | | Gross fees reduced by: | | | | $ | 732,007 | | | | | $ | 283,942 | | | | | $ | 57,702 | | |
Fund |
| |
Expense Cap |
| |||
Schwab Value Advantage Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab Value Advantage Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab Government Money Fund – Sweep Shares | | | | | 0.44% | | |
Schwab Government Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab Government Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab Treasury Obligations Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab Treasury Obligations Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab Retirement Government Money Fund | | | | | 0.19% | | |
Schwab U.S. Treasury Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab U.S. Treasury Money Fund – Ultra Shares | | | | | 0.19% | | |
Fund |
| |
Expense Cap |
| |||
Schwab Value Advantage Money Fund – Investor Shares | | | | | 0.35% | | |
Schwab Value Advantage Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab Government Money Fund – Sweep Shares | | | | | 0.70% | | |
Schwab Government Money Fund – Investor Shares | | | | | 0.35% | | |
Schwab Treasury Obligations Money Fund – Investor Shares | | | | | 0.35% | | |
Schwab Retirement Government Money Fund | | | | | 0.19% | | |
Schwab U.S. Treasury Money Fund – Investor Shares | | | | | 0.35% | | |
Fund |
| |
Shareholder Servicing Fee |
| |||
Schwab Value Advantage Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Value Advantage Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Government Money Fund – Sweep Shares | | | | | 0.15% | | |
Schwab Government Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Government Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Treasury Obligations Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Treasury Obligations Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Retirement Government Money Fund | | | | | 0.00% | | |
Schwab U.S. Treasury Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab U.S. Treasury Money Fund – Ultra Shares | | | | | 0.00% | | |
|
Fund |
| |
Sweep Administration Fee |
| |||
Schwab Government Money Fund – Sweep Shares | | | | | 0.10% | | |
Fund |
| |
Regular Broker-Dealer |
| |
Value of Holdings |
| |||
Schwab
Value Advantage Money Fund |
| | Citigroup Global Markets Inc. | | | | $ | 4,988,054,200 | | |
| BofA Securities, Inc. | | | | $ | 1,834,000,000 | | | ||
| RBC Dominion Securities Inc. / Royal Bank of Canada | | | | $ | 460,000,000 | | | ||
| J.P. Morgan Securities LLC | | | | $ | 200,000,000 | | | ||
Schwab Government
Money Fund |
| | None | | | | | N/A | | |
Schwab Treasury Obligations Money Fund |
| | None | | | | | N/A | | |
Schwab Retirement Government Money Fund |
| | None | | | | | N/A | | |
Schwab U.S. Treasury Money Fund |
| | None | | | | | N/A | | |
|
The Charles Schwab Family of Funds
Schwab Investments
Schwab Capital Trust
Schwab Annuity Portfolios
Laudus Trust
Schwab Strategic Trust |
|
|
Charles Schwab Investment Management, Inc.
|
|
| Schwab® AMT Tax-Free Money Fund | | | | |
|
Investor Shares |
| |
SWWXX |
|
|
Ultra Shares |
| |
SCTXX |
|
| Schwab® Municipal Money Fund | | | | |
|
Investor Shares |
| |
SWTXX |
|
|
Ultra Shares |
| |
SWOXX |
|
|
Schwab®
California Municipal Money Fund |
| | | |
|
Investor Shares |
| |
SWKXX |
|
|
Ultra Shares |
| |
SCAXX |
|
|
Schwab®
New York Municipal Money Fund |
| | | |
|
Investor Shares |
| |
SWYXX |
|
|
Ultra Shares |
| |
SNYXX |
|
| | |
Page
|
| |||
| | | | 1 | | | |
| | | | 1 | | | |
| | | | 2 | | | |
| | | | 17 | | | |
| | | | 19 | | | |
| | | | 26 | | | |
| | | | 27 | | | |
| | | | 31 | | | |
| | | | 32 | | | |
| | | | 33 | | | |
| | | | 34 | | | |
| | | | 34 | | | |
| | | | 37 | | | |
APPENDIX – RATINGS OF INVESTMENT SECURITIES | | | | | | | |
APPENDIX – PROXY VOTING POLICY | | | | | | | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(1)) |
| |
Principal Occupations During the Past Five Years |
| |
Number of Portfolios in Fund Complex Overseen by the Trustee |
| |
Other Directorships During
the Past Five Years |
|
|
INDEPENDENT TRUSTEES |
| |||||||||
| Michael J. Beer(2)
1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) |
| | Retired. Director, President and Chief Executive Officer (Dec. 2016-Sept. 2019), Principal Funds (investment management). | | |
105 |
| | Director (2016-2019), Principal Funds, Inc. | |
| Robert
W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) |
| | Retired/Private Investor. | | |
105 |
| | None | |
| Nancy
F. Heller 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) |
| | Retired. | | |
105 |
| | None | |
| David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) |
| | Private Investor. | | |
105 |
| |
Director (2004‑present),
Corcept Therapeutics Incorporated Director (2009‑2021),
Adamas Pharmaceuticals, Inc. Director (2003‑2019),
Symantec Corporation |
|
| Jane P. Moncreiff 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2019) |
| | Consultant (2018-present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009-2017), CareGroup Healthcare System, Inc. (healthcare). | | |
105 |
| | None | |
| Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) |
| | Consultant (2008-present), Patmore Management Consulting (management consulting). | | |
105 |
| | None | |
| J. Derek Penn 1957 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) |
| | Head of Equity Sales and Trading (2006 - 2018), BNY Mellon (financial services). | | |
105 |
| | None | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(1)) |
| |
Principal Occupations During the Past Five Years |
| |
Number of Portfolios in Fund Complex Overseen by the Trustee |
| |
Other Directorships During
the Past Five Years |
|
|
INTERESTED TRUSTEES |
| |||||||||
| Walter
W. Bettinger II(3)
1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust since 2010) |
| | Co-Chairman of the Board (July 2022-present), Director and Chief Executive Officer (Oct. 2008-present) and President (Feb. 2007-Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008-Oct. 2021) and Director (May 2008-Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006-present), Charles Schwab Bank, SSB; Director (Nov. 2017-present), Charles Schwab Premier Bank, SSB; Director (July 2019-present), Charles Schwab Trust Bank; Director (May 2008-present), Chief Executive Officer (Aug. 2017-present) and President (Aug. 2017-Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020-present), TD Ameritrade Holding Corporation; Director (July 2016-Oct. 2021), Charles Schwab Investment Management, Inc. | | |
105 |
| | Director
(2008‑present), The Charles Schwab Corporation |
|
| Richard A. Wurster(2)(3)
1973 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) |
| | President (Oct. 2021-present) and Executive Vice President – Schwab Asset Management Solutions (Apr. 2019-Oct. 2021), The Charles Schwab Corporation; President, Director (Oct. 2021-present), Executive Vice President – Schwab Asset Management Solutions (July 2019-Oct. 2021) and Senior Vice President – Advisory (May 2016-July 2019), Charles Schwab & Co., Inc.; President (Nov. 2021-present), Schwab Holdings, Inc.; Director (Oct. 2021-present) and Chief Executive Officer (Nov. 2019-Jan. 2022), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Mar. 2018-Oct. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (July 2016-Apr. 2018) and President (Mar. 2017-Apr. 2018), ThomasPartners, Inc.; Chief Executive Officer (July 2016-Apr. 2018), Windhaven Investment Management, Inc. | | |
105 |
| | None | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(4) ) |
| |
Principal Occupations During the Past Five
Years |
|
|
OFFICERS |
| |||
| Jonathan de St. Paer 1973 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) |
| | Director (Apr. 2019-present), President (Oct. 2018-present), Chief Operating Officer (Jan. 2021-present) and Chief Executive Officer (Apr. 2019-Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020-Mar. 2022) and Chief Operating Officer (Jan. 2021-Mar. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Apr. 2019-present), President (Nov. 2018-present) and Trustee (Apr. 2019-Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (May 2022-present), Senior Vice President (Apr. 2019-May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014-Mar. 2019), Charles Schwab & Co., Inc. | |
| Mark Fischer 1970 Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) |
| | Chief Operating Officer (Dec. 2020-present) and Treasurer and Chief Financial Officer (Jan. 2016-Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Chief Financial Officer (Mar. 2020-present) and Vice President (Oct. 2013-present), Charles Schwab Investment Management, Inc. | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(4) ) |
| |
Principal Occupations During the Past Five
Years |
|
| Dana
Smith 1965 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2023) |
| | Treasurer and Chief Financial Officer (Jan. 2023-present) and Assistant Treasurer (Dec. 2015-Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Vice President (Mar. 2022-present) and Director (Oct. 2015-Mar. 2022), Charles Schwab Investment Management, Inc. | |
| Omar Aguilar
1970 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) |
| | Chief Executive Officer (Jan. 2022-present), Chief Investment Officer (Apr. 2011-present) and Senior Vice President (Apr. 2011-Dec. 2021), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Oct. 2022-present), Charles Schwab Investment Advisory, Inc. Vice President and Chief Investment Officer (June 2011-present), Schwab Funds, Laudus Trust and Schwab ETFs. | |
| Brett Wander
1961 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) |
| | Senior Vice President and Chief Investment Officer (Apr. 2011-present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011-present), Schwab Funds, Laudus Trust and Schwab ETFs. | |
| William
P. McMahon, Jr. 1972 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) |
| | Senior Vice President and Chief Investment Officer (Jan. 2020-present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021-present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer - ThomasPartners Strategies (Apr. 2018-Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001-Apr. 2018), ThomasPartners, Inc. | |
| Catherine
MacGregor 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Trust (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) |
| | Chief Legal Officer (Mar. 2022-present) and Vice President (Sept. 2005-present), Charles Schwab Investment Management, Inc.; Managing Director (May 2022-present) and Vice President (July 2005-May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005-present) and Chief Legal Officer and Clerk (Mar. 2007-present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021-present), Vice President (Nov. 2005-Oct. 2021) and Assistant Secretary (June 2007-Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021-present), Vice President and Assistant Secretary (Oct. 2009-Oct. 2021), Schwab ETFs. | |
Name of Trustee |
| |
Aggregate Compensation from the Funds in this SAI |
| |
Pension or Retirement Benefits Accrued as Part of Fund Expenses |
| |
Total Compensation from the Funds and Fund Complex Paid to Trustees |
| ||||||
INTERESTED TRUSTEES |
| |||||||||||||||
Walter W. Bettinger II | | | | | None | | | |
N/A |
| | | | None | | |
Richard A. Wurster(1) | | | | | None | | | |
N/A |
| | | | None | | |
INDEPENDENT TRUSTEES |
| |||||||||||||||
Michael J. Beer(1) | | | | $ | 5,111 | | | |
N/A |
| | | $ | 82,500 | | |
Robert W. Burns | | | | $ | 17,593 | | | |
N/A |
| | | $ | 330,000 | | |
Nancy F. Heller | | | | $ | 17,593 | | | |
N/A |
| | | $ | 330,000 | | |
David L. Mahoney | | | | $ | 18,659 | | | |
N/A |
| | | $ | 350,000 | | |
Jane P. Moncreiff | | | | $ | 18,659 | | | |
N/A |
| | | $ | 350,000 | | |
Kiran M. Patel(2) | | | | $ | 18,659 | | | |
N/A |
| | | $ | 350,000 | | |
Kimberly S. Patmore | | | | $ | 17,593 | | | |
N/A |
| | | $ | 330,000 | | |
J. Derek Penn | | | | $ | 17,593 | | | |
N/A |
| | | $ | 330,000 | | |
Name of Trustee |
| |
Dollar Range of Trustee Ownership of the Funds
Included in the SAI |
| |
Aggregate Dollar Range of Trustee Ownership in the Family of Investment Companies |
| |||
INTERESTED TRUSTEES |
| |||||||||
Walter W. Bettinger II | | | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
Richard A. Wurster(1)
|
| | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
INDEPENDENT TRUSTEES |
| |||||||||
Michael J. Beer(1)
|
| | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
Robert W. Burns |
| | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
Nancy F. Heller |
| | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
David L. Mahoney |
| | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
Over $100,000 |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
Jane P. Moncreiff |
| | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
Kimberly S. Patmore | | | | | | | | |
Over $100,000 |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
Name of Trustee |
| |
Dollar Range of Trustee Ownership of the Funds
Included in the SAI |
| |
Aggregate Dollar Range of Trustee Ownership in the Family of Investment Companies |
| |||
J. Derek Penn | | | | | | | | |
None |
|
| | | Schwab AMT Tax-Free Money Fund | | |
None |
| | | |
| | | Schwab Municipal Money Fund | | |
None |
| | | |
| | | Schwab California Municipal Money Fund | | |
None |
| | | |
| | | Schwab New York Municipal Money Fund | | |
None |
| | | |
Fund |
| |
Name and Address |
| |
Percentage of Ownership |
|
Schwab AMT Tax-Free Money Fund
Investor
Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N 211 Main Street San Francisco, CA 94105‑1905 |
| |
87.87% |
|
| TD Ameritrade
Inc. For The Exclusive Benefit of Our Clients PO Box 2226 Omaha, NE 68103‑2226 |
| |
8.76% |
| ||
Schwab AMT Tax-Free Money Fund
Ultra Shares
|
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| |
89.74% |
|
| TD Ameritrade
Inc. For The Exclusive Benefit of Our Clients |
| |
10.26%
|
|
Fund |
| |
Name and Address |
| |
Percentage of Ownership |
|
Schwab Municipal Money Fund
Investor
Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| |
91.61% |
|
| TD Ameritrade
Inc. For The Exclusive Benefit of Our Clients |
| |
8.36% |
| ||
Schwab Municipal Money Fund
Ultra Shares |
| | Charles
Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| |
96.39% |
|
Schwab California Municipal Money Fund
Investor Shares |
| | Charles
Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| |
96.91% |
|
Schwab California Municipal Money Fund
Ultra Shares |
| | Charles
Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| |
96.81% |
|
Schwab New York Municipal Money
Fund
Investor
Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| |
92.09% |
|
| TD Ameritrade
Inc. For The Exclusive Benefit of Our Clients |
| |
7.91% |
| ||
Schwab New York Municipal Money
Fund
Ultra Shares
|
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N |
| |
92.80% |
|
| TD Ameritrade
Inc. For The Exclusive Benefit of Our Clients |
| |
7.20% |
| ||
| Craig
A Newmark Ttee c/o Charles Schwab & Co., Inc. Attn: Schwab Funds CLO 211 Main Street San Francisco, CA 94105‑1905 |
| |
8.75%(1)
|
|
Average Daily Net Assets |
| |
Fee |
| |||
First $1 billion | | | | | 0.35% | | |
More than $1 billion but not exceeding $10 billion | | | | | 0.32% | | |
More than $10 billion but not exceeding $20 billion | | | | | 0.30% | | |
More than $20 billion but not exceeding $40 billion | | | | | 0.27% | | |
More than $40 billion | | | | | 0.25% | | |
Fund |
| |
2022 |
| |
2021 |
| |
2020 |
| ||||||||||||
Schwab AMT Tax-Free MoneyFund |
| | Net fees paid: | | | | $ | 2,033,903 | | | | | $ | 1,655,465 | | | | | $ | 3,381,570 | | |
| | | Gross fees reduced by: | | | | $ | 232,572 | | | | | $ | 58,574 | | | | | $ | 200,618 | | |
Schwab Municipal Money Fund |
| | Net fees paid: | | | | $ | 20,258,973 | | | | | $ | 17,044,300 | | | | | $ | 26,135,090 | | |
| | | Gross fees reduced by: | | | | $ | 1,127,203 | | | | | $ | 875,753 | | | | | $ | 14,464,832 | | |
Schwab California Municipal Money Fund |
| | Net fees paid: | | | | $ | 8,925,761 | | | | | $ | 6,063,002 | | | | | $ | 14,761,394 | | |
| | | Gross fees reduced by: | | | | $ | 410,003 | | | | | $ | 72,708 | | | | | $ | 6,157 | | |
Schwab New York Municipal Money Fund |
| | Net fees paid: | | | | $ | 1,654,831 | | | | | $ | 1,172,653 | | | | | $ | 3,045,232 | | |
| | | Gross fees reduced by: | | | | $ | 179,745 | | | | | $ | 37,512 | | | | | $ | 180,430 | | |
Fund |
| |
Expense Cap |
| |||
Schwab AMT Tax-Free Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab AMT Tax-Free Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab Municipal Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab Municipal Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab California Municipal Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab California Municipal Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab New York Municipal Money Fund – Investor Shares | | | | | 0.34% | | |
Schwab New York Municipal Money Fund – Ultra Shares | | | | | 0.19% | | |
Fund |
| |
Expense Cap |
| |||
Schwab AMT Tax-Free Money Fund – Investor Shares | | | | | 0.35% | | |
Schwab Municipal Money Fund – Investor Shares | | | | | 0.35% | | |
Schwab Municipal Money Fund – Ultra Shares | | | | | 0.19% | | |
Schwab California Municipal Money Fund – Investor Shares | | | | | 0.35% | | |
Schwab New York Municipal Money Fund – Investor Shares | | | | | 0.35% | | |
Fund |
| |
Shareholder Servicing Fee |
| |||
Schwab AMT Tax-Free Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab AMT Tax-Free Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab Municipal Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab Municipal Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab California Municipal Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab California Municipal Money Fund – Ultra Shares | | | | | 0.00% | | |
Schwab New York Municipal Money Fund – Investor Shares | | | | | 0.15% | | |
Schwab New York Municipal Money Fund – Ultra Shares | | | | | 0.00% | | |
Fund |
| |
Regular Broker-Dealer |
| |
Value of Holdings |
| |||
Schwab AMT Tax‑Free Money Fund |
| | None | | | | | N/A | | |
Schwab Municipal
Money Fund |
| | None | | | | | N/A | | |
Schwab California Municipal Money Fund |
| | None | | | | | N/A | | |
Schwab New York Municipal Money Fund |
| | None | | | | | N/A | | |
|
The Charles Schwab Family of Funds
Schwab Investments
Schwab Capital Trust
Schwab Annuity Portfolios
Laudus Trust
Schwab Strategic Trust |
|
|
Charles Schwab Investment Management, Inc.
|
|
| Schwab® Variable Share Price Money Fund | | |||
|
Ultra Shares |
| |
SVUXX |
|
| | |
Page
|
| |||
| | | | 1 | | | |
| | | | 1 | | | |
| | | | 1 | | | |
| | | | 11 | | | |
| | | | 12 | | | |
| | | | 18 | | | |
| | | | 18 | | | |
| | | | 21 | | | |
| | | | 23 | | | |
| | | | 23 | | | |
| | | | 24 | | | |
| | | | 25 | | | |
| | | | 27 | | | |
APPENDIX — RATINGS OF INVESTMENT SECURITIES | | | | | | | |
APPENDIX — PROXY VOTING POLICY | | | | | | | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(1)) |
| |
Principal Occupations During the Past Five Years |
| |
Number of Portfolios in Fund Complex Overseen by the Trustee |
| |
Other Directorships During
the Past Five Years |
|
|
INDEPENDENT TRUSTEES |
| |||||||||
| Michael J. Beer(2)
1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) |
| | Retired. Director, President and Chief Executive Officer (Dec. 2016-Sept. 2019), Principal Funds (investment management). | | |
105 |
| | Director (2016-2019), Principal Funds, Inc. | |
| Robert
W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) |
| | Retired/Private Investor. | | |
105 |
| | None | |
| Nancy
F. Heller 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) |
| | Retired. | | |
105 |
| | None | |
| David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) |
| | Private Investor. | | |
105 |
| |
Director (2004‑present),
Corcept Therapeutics Incorporated Director (2009‑2021),
Adamas Pharmaceuticals, Inc. Director (2003‑2019),
Symantec Corporation |
|
| Jane P. Moncreiff 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2019) |
| | Consultant (2018-present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009-2017), CareGroup Healthcare System, Inc. (healthcare). | | |
105 |
| | None | |
| Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) |
| | Consultant (2008-present), Patmore Management Consulting (management consulting). | | |
105 |
| | None | |
| J. Derek Penn 1957 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) |
| | Head of Equity Sales and Trading (2006 - 2018), BNY Mellon (financial services). | | |
105 |
| | None | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(1)) |
| |
Principal Occupations During the Past Five Years |
| |
Number of Portfolios in Fund Complex Overseen by the Trustee |
| |
Other Directorships During
the Past Five Years |
|
|
INTERESTED TRUSTEES |
| |||||||||
| Walter
W. Bettinger II(3) 1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust since 2010) |
| | Co-Chairman of the Board (July 2022-present), Director and Chief Executive Officer (Oct. 2008-present) and President (Feb. 2007-Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008-Oct. 2021) and Director (May 2008-Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006-present), Charles Schwab Bank, SSB; Director (Nov. 2017-present), Charles Schwab Premier Bank, SSB; Director (July 2019-present), Charles Schwab Trust Bank; Director (May 2008-present), Chief Executive Officer (Aug. 2017-present) and President (Aug. 2017-Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020-present), TD Ameritrade Holding Corporation; Director (July 2016-Oct. 2021), Charles Schwab Investment Management, Inc. | | |
105 |
| | Director
(2008‑present), The Charles Schwab Corporation |
|
| Richard A. Wurster(2)(3)
1973 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) |
| | President (Oct. 2021-present) and Executive Vice President – Schwab Asset Management Solutions (Apr. 2019-Oct. 2021), The Charles Schwab Corporation; President, Director (Oct. 2021-present), Executive Vice President – Schwab Asset Management Solutions (July 2019-Oct. 2021) and Senior Vice President – Advisory (May 2016-July 2019), Charles Schwab & Co., Inc.; President (Nov. 2021-present), Schwab Holdings, Inc.; Director (Oct. 2021-present) and Chief Executive Officer (Nov. 2019-Jan. 2022), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Mar. 2018-Oct. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (July 2016-Apr. 2018) and President (Mar. 2017-Apr. 2018), ThomasPartners, Inc.; Chief Executive Officer (July 2016-Apr. 2018), Windhaven Investment Management, Inc. | | |
105 |
| | None | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(4) ) |
| |
Principal Occupations During the Past Five
Years |
|
|
OFFICERS |
| |||
| Jonathan de St. Paer 1973 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) |
| | Director (Apr. 2019-present), President (Oct. 2018-present), Chief Operating Officer (Jan. 2021-present) and Chief Executive Officer (Apr. 2019-Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020-Mar. 2022) and Chief Operating Officer (Jan. 2021-Mar. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Apr. 2019-present), President (Nov. 2018-present) and Trustee (Apr. 2019-Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (May 2022-present), Senior Vice President (Apr. 2019-May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014-Mar. 2019), Charles Schwab & Co., Inc. | |
| Mark Fischer 1970 Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) |
| | Chief Operating Officer (Dec. 2020-present) and Treasurer and Chief Financial Officer (Jan. 2016-Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Chief Financial Officer (Mar. 2020-present) and Vice President (Oct. 2013-present), Charles Schwab Investment Management, Inc. | |
| Dana Smith 1965 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2023) |
| | Treasurer and Chief Financial Officer (Jan. 2023-present) and Assistant Treasurer (Dec. 2015-Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Vice President (Mar. 2022-present) and Director (Oct. 2015-Mar. 2022), Charles Schwab Investment Management, Inc. | |
|
Name, Year of Birth, and Position(s) with the Trust (Term of Office and Length of Time Served(4) ) |
| |
Principal Occupations During the Past Five
Years |
|
| Omar
Aguilar 1970 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) |
| | Chief Executive Officer (Jan. 2022-present), Chief Investment Officer (Apr. 2011-present) and Senior Vice President (Apr. 2011-Dec. 2021), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Oct. 2022 – present), Charles Schwab Investment Advisory, Inc.; Vice President and Chief Investment Officer (June 2011-present), Schwab Funds, Laudus Trust and Schwab ETFs. | |
| Brett Wander
1961 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) |
| | Senior Vice President and Chief Investment Officer (Apr. 2011-present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011-present), Schwab Funds, Laudus Trust and Schwab ETFs. | |
| William
P. McMahon, Jr. 1972 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) |
| | Senior Vice President and Chief Investment Officer (Jan. 2020-present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021-present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer - ThomasPartners Strategies (Apr. 2018-Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001-Apr. 2018), ThomasPartners, Inc. | |
| Catherine
MacGregor 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Trust (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) |
| | Chief Legal Officer (Mar. 2022-present) and Vice President (Sept. 2005-present), Charles Schwab Investment Management, Inc.; Managing Director (May 2022-present) and Vice President (July 2005-May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005-present) and Chief Legal Officer and Clerk (Mar. 2007-present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021-present), Vice President (Nov. 2005-Oct. 2021) and Assistant Secretary (June 2007-Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021-present), Vice President and Assistant Secretary (Oct. 2009-Oct. 2021), Schwab ETFs. | |
Name of Trustee |
| |
Aggregate Compensation from the Fund in this SAI |
| |
Pension or Retirement Benefits Accrued as Part of Fund Expenses |
| |
Total Compensation from the Fund and Fund Complex Paid to Trustees |
| ||||||
INTERESTED TRUSTEES |
| |||||||||||||||
Walter W. Bettinger II | | | | | None | | | |
N/A |
| |
None |
| |||
Richard A. Wurster(1) | | | | | None | | | |
N/A |
| |
None |
| |||
INDEPENDENT TRUSTEES |
| |||||||||||||||
Michael J. Beer(1) | | | | $ | 1,200 | | | |
N/A |
| | | $ | 82,500 | | |
Robert W. Burns | | | | $ | 4,150 | | | |
N/A |
| | | $ | 330,000 | | |
Nancy F. Heller | | | | $ | 4,150 | | | |
N/A |
| | | $ | 330,000 | | |
David L. Mahoney | | | | $ | 4,401 | | | |
N/A |
| | | $ | 350,000 | | |
Jane P. Moncreiff | | | | $ | 4,401 | | | |
N/A |
| | | $ | 350,000 | | |
Kiran M. Patel(2) | | | | $ | 4,401 | | | |
N/A |
| | | $ | 350,000 | | |
Kimberly S. Patmore | | | | $ | 4,150 | | | |
N/A |
| | | $ | 330,000 | | |
J. Derek Penn | | | | $ | 4,150 | | | |
N/A |
| | | $ | 330,000 | | |
Name of Trustee |
| |
Dollar Range of Trustee Ownership of the Fund
|
| |
Aggregate Dollar Range of Trustee Ownership in the Family of Investment Companies |
| |||
INTERESTED TRUSTEES |
| |||||||||
Walter W. Bettinger II |
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
Richard A. Wurster(1)
|
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
INDEPENDENT TRUSTEES |
| |||||||||
Michael J. Beer(1)
|
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
Robert W. Burns |
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
Nancy F. Heller |
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
David L. Mahoney |
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
Jane P. Moncreiff |
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
Kimberly S. Patmore |
| | Schwab Variable Share Price Money Fund | | |
None |
| |
Over $100,000 |
|
J. Derek Penn |
| | Schwab Variable Share Price Money Fund | | |
None |
| |
None |
|
Fund |
| |
Name and Address |
| |
Percentage of Ownership |
| ||||
Schwab Variable Share Price
Money Fund Ultra Shares |
| |
Charles Schwab & Co., Inc. FBO Customers Attn: Schwab Funds Team N 211 Main Street San Francisco, CA 94105‑1905 |
| | | | 89.28 | % | | |
| TD Ameritrade
Inc. For The Exclusive Benefit of Our Clients PO Box 2226 Omaha, NE 68103‑2226 |
| | | | 10.72 | % | | |
Average Daily Net Assets |
| |
Fee |
| |||
First $1 billion | | | | | 0.35% | | |
More than $1 billion but not exceeding $10 billion | | | | | 0.32% | | |
More than $10 billion but not exceeding $20 billion | | | | | 0.30% | | |
More than $20 billion but not exceeding $40 billion | | | | | 0.27% | | |
More than $40 billion | | | | | 0.25% | | |
Fund |
| | | | |
2022 |
| |
2021 |
| |
2020 |
| |||||||||
Schwab Variable Share Price Money Fund | | | Net fees paid: | | | | $ | 5,592,231 | | | | | $ | 5,021,738 | | | | | $ | 7,851,102 | | |
| | | Gross fees reduced by: | | | | $ | 487,832 | | | | | $ | 490,218 | | | | | $ | 5,390,986 | | |
Fund |
| |
Expense Cap |
| |||
Schwab Variable Share Price Money Fund – Ultra Shares | | | | | 0.19% | | |
Fund |
| |
Shareholder Servicing Fee |
| |||
Schwab Variable Share Price Money Fund – Ultra Shares | | | | | 0.00% | | |
Fund |
| |
Regular Broker-Dealer |
| |
Value of Holdings |
| |||
Schwab Variable Share Price Money Fund | | | RBC Dominion Securities Inc. / Royal Bank of Canada | | | | $ | 40,000,000 | | |
| | | BofA Securities, Inc. | | | | $ | 66,015,200 | | |
|
The Charles Schwab Family of Funds
Schwab Investments
Schwab Capital Trust
Schwab Annuity Portfolios
Laudus Trust
Schwab Strategic Trust |
|
|
Charles Schwab Investment Management, Inc.
|
|
| EX-101 | | | Inline Interactive Data File - the instance document does not appear on the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | |
| EX-101.INS | | | XBRL Taxonomy Instance Document | |
| EX-101.SCH | | | XBRL Taxonomy Schema Document | |
| EX-101.CAL | | | XBRL Taxonomy Calculation Linkbase Document | |
| EX-101.DEF | | | XBRL Taxonomy Definition Linkbase Document | |
| EX-101.LAB | | | XBRL Taxonomy Label Linkbase Document | |
| EX-101.PRE | | | XBRL Taxonomy Presentation Linkbase Document | |
Name and Position with Adviser
|
| |
Name of Other Company |
| |
Capacity |
|
Peter B. Crawford, Director | | | The Charles Schwab Corporation | | | Managing Director and Chief Financial Officer | |
| | | Charles Schwab & Co., Inc. | | | Director, Managing Director and Chief Financial Officer | |
Name and Position with Adviser
|
| |
Name of Other Company |
| |
Capacity |
|
| | | Family Wealth Alliance, Inc. | | | Managing Director and Chief Financial Officer | |
| | | TD Ameritrade Holding Corporation | | | Director | |
| | | Schwab Holdings, Inc. | | | Director, Executive Vice President and Chief Financial Officer | |
| | | Charles Schwab Global Holdings, Inc. | | |
Executive Vice President and Chief Financial Officer
|
|
| | | Performance Technologies, Inc. | | |
Executive Vice President and Chief Financial Officer
|
|
| | | Schwab (SIS) Holdings, Inc. I | | |
Executive Vice President and Chief Financial Officer
|
|
| | | Schwab Technology Holdings, Inc. | | |
Executive Vice President and Chief Financial Officer
|
|
Richard A. Wurster, Director | | | The Charles Schwab Corporation | | | President | |
| | | Schwab Holdings, Inc. | | | President | |
| | | Charles Schwab & Co., Inc. | | | Director and President | |
Omar Aguilar, Chief Executive
Officer and Chief Investment Officer |
| |
Schwab Funds |
| |
Vice President and Chief Investment Officer |
|
| Laudus Trust | | | Vice President and Chief Investment Officer | | ||
| | | Schwab ETFs | | | Vice President and Chief Investment Officer | |
| | | Charles Schwab Investment Advisory, Inc. | | | Director, President and Chief Executive Officer | |
Jonathan de St. Paer, Director,
President and Chief Operating Officer |
| |
Charles Schwab & Co., Inc. |
| |
Managing Director |
|
| Schwab Funds | | | President and Chief Executive Officer | | ||
| | | Laudus Trust | | | President and Chief Executive Officer | |
| | | Schwab ETFs | | | President and Chief Executive Officer | |
| | | Financial Passport, Inc. | | | Director and President | |
| | | TD Ameritrade Investment Management, LLC | | | Manager | |
Brett Wander, Senior Vice President
and Chief Investment Officer |
| |
Schwab Funds |
| |
Vice President and Chief Investment Officer |
|
| Laudus Trust | | | Vice President and Chief Investment Officer | | ||
| | | Schwab ETFs | | | Vice President and Chief Investment Officer | |
William P. McMahon, Jr., Senior
Vice President and Chief Investment Officer |
| |
Schwab Funds |
| |
Vice President and Chief Investment Officer |
|
| Laudus Trust | | | Vice President and Chief Investment Officer | | ||
| | | Schwab ETFs | | | Vice President and Chief Investment Officer | |
Michael Hogan, Senior Vice
President and Chief Compliance Officer |
| |
Schwab Funds |
| |
Chief Compliance Officer |
|
| Schwab ETFs | | | Chief Compliance Officer | | ||
| Laudus Trust | | | Chief Compliance Officer | | ||
| | | Charles Schwab & Co., Inc. | | | Managing Director and Chief Compliance Officer – Asset Management Compliance | |
Mark D. Fischer, Vice President
and Chief Financial Officer |
| |
Schwab Funds |
| |
Chief Operating Officer |
|
| Laudus Trust | | | Chief Operating Officer | | ||
| | | Schwab ETFs | | | Chief Operating Officer | |
Catherine MacGregor, Vice President
and Chief Legal Officer |
| |
Charles Schwab & Co., Inc. |
| |
Managing Director |
|
| Schwab Funds | | | Secretary and Chief Legal Officer | | ||
| Laudus Trust | | | Vice President, Chief Legal Officer and Clerk | | ||
| Schwab ETFs | | | Secretary and Chief Legal Officer | |
Name |
| |
Position and Offices with the Underwriter |
| |
Position and Offices with the Registrant |
|
Richard A. Wurster | | | President and Director | | | Trustee | |
Steven H. Anderson | | | Managing Director | | | None | |
Catherine M. Casey | | | Managing Director and Head of Human Resources | | | None | |
Jason C. Clague | | | Managing Director and Head of Operations | | | None | |
Bernard J. Clark | | | Managing Director and Head of Advisor Services | | | None | |
Jonathan M. Craig | | | Managing Director and Head of Investor Services and Marketing | | | None | |
Peter B. Crawford | | | Managing Director, Chief Financial Officer and Director | | | None | |
Brian Bender | | |
Managing Director and Head of Workplace Services
|
| | None | |
Neesha K. Hathi | | | Managing Director – Wealth and Advice Solutions | | | None | |
Timothy C. Heier | | | Managing Director and Chief Technology Officer | | | None | |
Dennis W. Howard | | | Managing Director and Chief Information Officer | | | None | |
Lisa Kidd Hunt | | | Managing Director and Head of International Services | | | None | |
Mitchell N. Mantua | | | Managing Director and General Auditor | | | None | |
Joseph R. Martinetto | | | Managing Director, Chief Operating Officer and Director | | | None | |
Peter J. Morgan III | | | Managing Director, General Counsel and Corporate Secretary | | | None | |
Nigel J. Murtagh | | | Managing Director and Chief Risk Officer | | | None | |
| | | THE CHARLES SCHWAB FAMILY OF FUNDS Registrant |
|
| | |
Jonathan de St. Paer*
Jonathan de St. Paer, President and Chief Executive Officer
|
|
Signature |
| | | | |
Title |
|
Walter W. Bettinger II*
Walter W. Bettinger II |
| | | | | Chairman and Trustee | |
Michael J. Beer*
Michael J. Beer |
| | | | | Trustee | |
Robert W. Burns*
Robert W. Burns |
| | | | | Trustee | |
Nancy F. Heller*
Nancy F. Heller |
| | | | | Trustee | |
David L. Mahoney*
David L. Mahoney |
| | | | | Trustee | |
Jane P. Moncreiff*
Jane P. Moncreiff |
| | | | | Trustee | |
Kimberly S. Patmore*
Kimberly S. Patmore |
| | | | | Trustee | |
J. Derek Penn*
J. Derek Penn |
| | | | | Trustee | |
Richard A. Wurster*
Richard A. Wurster |
| | | | | Trustee | |
Dana S. Smith*
Dana S. Smith |
| | | | | Treasurer and Chief Financial Officer | |
| *By: | | |
/s/ Douglas P. Dick
Douglas P. Dick, Attorney‑in‑Fact Pursuant to Power of Attorney |
|