SWVXX - Schwab Prime Advantage Money Fund
7-day yield, assets, and how it ranks - from the July 2026 month-end N-MFP filing.
Data: July 2026 month-end SEC filings
All figures are from the July 2026 month-end Form N-MFP filings (report date ) - money-market funds must file within five business days of month-end. Regulatory data, not live quotes.
- As of the Form N-MFP filing (July 2026 month-end), SWVXX (Schwab Prime Advantage Money Fund) has a 7-day net yield of 3.52%.
- SWVXX's 7-day yield ranks #288 of 870 US money-market fund ticker share classes reporting a yield for July 2026.
- SWVXX is a Prime money-market fund share class with $247.3B in net assets (#3 of 870 ticker classes by size).
- The fund's series-level 7-day gross yield was 3.86% - the 0.34-point gap to this class's net yield reflects fund expenses.
- At July 2026 month-end the fund's portfolio had a weighted average maturity (WAM) of 39 days and a weighted average life (WAL) of 58 days, with 38.8% of assets in daily liquid assets and 55.0% in weekly liquid assets (SEC minimums: 25% daily, 50% weekly).
- Twelve months earlier (July 2025) SWVXX's 7-day yield was 4.15% - it has moved down 0.63 points over the year.
- SWVXX's highest month-end 7-day yield in the SEC's structured data (since April 2016) is 5.28%, reported for December 2023.
Yield history
Portfolio (series level)
Other share classes of this fund
| Class | Ticker | 7-day yield | Net assets | Min. investment |
|---|---|---|---|---|
| Ultra Shares | SNAXX | 3.67% | $142.2B | $1,000,000 |
Compare
SWVXX vs SPAXX · VMFXX vs SWVXX · SWVXX vs VUSXX · SWVXX vs SNVXX · SWVXX vs SNOXX · SWVXX vs SNSXX · SWVXX vs SNAXX · SWVXX vs SPRXX · SWVXX vs FZDXX
Fund context & source
Schwab Prime Advantage Money Fund is a series of Charles Schwab Family of Funds (SEC series ID S000004508). The whole series held $389.6B across all share classes at July 2026 month-end.
This page shows the class's month-end regulatory filing, not a live quote - 7-day yields move daily. For today's yield, check Charles Schwab. Verify the filing itself on EDGAR: N-MFP filings for this series.
State-tax note (2025 tax year)
Schwab reports that 0.00% of SWVXX's 2025 dividend income came from US government obligations - the portion most states exempt from income tax. The fund did not meet the 50%-of-assets test that California, Connecticut, and New York require (source). Figures change each tax year. Full table and calculator: tax-equivalent yield.
FAQ
What is SWVXX's 7-day yield?
As of the July 2026 month-end SEC Form N-MFP filing (July 31, 2026), SWVXX (Schwab Prime Advantage Money Fund) has a 7-day net yield of 3.52%.
Is SWVXX a government money market fund?
No - SWVXX is classified as a Prime money-market fund in its own July 2026 Form N-MFP filing.
What is the minimum initial investment for SWVXX?
SWVXX reports a minimum initial investment of None on its July 2026 Form N-MFP filing.