Schwab cash sweep11/5/2023 ![]() When the fund makes such investments, a higher portion of the fund's distributions will likely be subject to federal income tax and/or state personal income tax. Schwab Municipal Money Fund: Up to 20% of the fund's net assets may be invested in securities subject to federal income tax and/or personal state income tax, such as other state specific municipal obligations, government securities or repurchase agreements. Dividends from Schwab California Municipal Money Fund and Schwab New York Municipal Money Fund typically are exempt from federal and the respective state's income taxes. Schwab AMT Tax-Free Money Fund's and Schwab Municipal Money Fund's dividends typically are exempt from federal income tax, but are subject to state and local personal income taxes.Absent such waivers, the fund's yield would have been lower. The 7-Day Yield is the average income paid out over the previous seven days assuming interest income is not reinvested and it reflects the effect of all applicable waivers.The Fund reserves the right to do the following: involuntarily redeem a shareholder's shares after providing 60 days' written notice if the shareholder does not satisfy the eligibility requirements for a retail money market fund (i.e., the shareholder is not a natural person) and deny purchase of Fund shares to investors who do not satisfy the eligibility requirements to invest in a retail money market fund (i.e., investor is not a natural person). Qualifies as a "retail money market fund," which means it is available for investment by natural persons only.Fund expenses and other fees may apply.Capital gains are not exempt from Federal taxes. May be subject to state, local, and the Federal Alternative Minimum Tax.*The Funds' Investor Shares have no initial investment minimum however, Schwab systems require a minimum of $1 per trade. Daily share price (net asset value, NAV) will fluctuate. These funds invest in taxable short-term obligations issued by corporations and banks, as well as repurchase agreements and asset-backed commercial paper. Variable Share Price Prime Money Market Funds are designed for institutional investors but are available to all investors. Municipal MMFs are considered retail money funds and are only available to natural persons. ![]() Municipal MMFs pay interest that is generally exempt from federal income tax. Municipal Money Market Funds primarily invest in short-term municipal money market securities issued by states, local governments, and other municipal agencies. ![]() Government and Treasury MMFs are available to all investors. Treasury obligations or repurchase agreements collateralized by U.S. Treasury money market funds typically limit their holdings to only U.S. Government and Treasury Money Market Funds primarily invest in short-term U.S. Prime MMFs are considered retail money funds and are only available to natural persons. Prime Money Market Funds primarily invest in taxable short-term obligations issued by corporations and banks, as well as repurchase agreements and asset-backed commercial paper. Environmental, Social and Governance (ESG) Investing.Bond Funds, Bond ETFs, and Preferred Securities.ADRs, Foreign Ordinaries & Canadian Stocks. ![]() Environmental, Social and Governance (ESG) ETFs.Environmental, Social and Governance (ESG) Mutual Funds.Benefits and Considerations of Mutual Funds.
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