Money market funds
Mutual funds designed to offer investors stability of capital, liquidity, and current income.
Schwab Money Funds Current Market Update
What we offer
We are one of the country’s largest money market fund managers, offering a broad choice of prime, government, and municipal money funds with investment minimums as low as $1.1
Our approach
Schwab Money Funds seek to offer stability of capital, liquidity, and current income. Our collaborative but independent portfolio management and credit research teams utilize a research-driven approach to portfolio management and security selection.
Schwab Money Fund yields
Prime
Primarily invests in taxable short-term obligations issued by corporations and banks, as well as repurchase agreements and asset-backed commercial paper.
Government and Treasury
Primarily invests in short-term U.S. government debt securities. Treasury money funds typically limit their holdings to only U.S. Treasury obligations or repurchase agreements collateralized by U.S. Treasury securities.
Municipal
Primarily invests in short-term municipal money market securities issued by states, local governments, and other municipal agencies. Pays interest that is generally exempt from federal income tax.2
Variable Share Price
Designed for institutional investors. Invests in taxable short-term obligations issued by corporations and banks, as well as repurchase agreements and asset-backed commercial paper. Daily share price will fluctuate.
Money market fund insights
See what our executives and strategists have to say about money market investing.
Current Market and Economic Environment Update
Liquidity Fees and Redemption Gates
Advisor tools
Use these financial tools to gain more comprehensive insight into investment products.