Schwab California Municipal Money Fund Ultra (SCAXX)
1.00
0.00 (0.00%)
USD |
May 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.19% | 8.909B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -155.92M | 2.04% |
Basic Info
| Investment Strategy | |
| The Fund seeks the highest current income that is consistent with stability of capital and liquidity and is exempt from federal and California personal income tax. To pursue its goal, the fund invests in money market securities from California issuers and from municipal agencies, U.S. territories and possessions. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | California Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Charles Schwab |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
7
-55.07M
Peer Group Low
378.64M
Peer Group High
1 Year
% Rank:
98
-155.92M
-155.92M
Peer Group Low
314.58M
Peer Group High
3 Months
% Rank:
21
-160.80M
Peer Group Low
348.63M
Peer Group High
3 Years
% Rank:
98
-1.159B
Peer Group Low
1.699B
Peer Group High
6 Months
% Rank:
75
-34.56M
Peer Group Low
202.40M
Peer Group High
5 Years
% Rank:
7
-918.60M
Peer Group Low
4.939B
Peer Group High
YTD
% Rank:
98
-537.90M
Peer Group Low
3.082M
Peer Group High
10 Years
% Rank:
44
-1.366B
Peer Group Low
3.861B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 03, 2026.
Asset Allocation
As of February 28, 2026.
| Type | % Net |
|---|---|
| Cash | 29.74% |
| Stock | 0.00% |
| Bond | 65.49% |
| Convertible | 0.00% |
| Preferred | 4.47% |
| Other | 0.30% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BlackRock MuniHoldings California Quality Fund, Inc. ACKR11512 09/01/2054 FLT USD Corporate 144A | 3.61% | -- | -- |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 3.000 04/01/2059 | 1.56% | 100.00 | 0.00% |
| CALIFORNIA MUN FIN AUTH REV CA 2.950 11/01/2035 | 1.46% | 100.00 | 0.00% |
| LOS ANGELES CNTY CALIF CA 5.000 06/30/2026 | 1.33% | 100.34 | -0.02% |
| SAN FRANCISCO CALIF CITY & CNTY REDEV AGY MULTIFAMILY REV CA 3.080 06/15/2034 | 1.18% | 100.00 | 0.00% |
| IRVINE RANCH CALIF WTR DIST CA 2.450 05/01/2040 | 1.04% | 100.00 | 0.00% |
| LOS ANGELES CALIF CA 5.000 06/25/2026 | 0.99% | 100.40 | -0.02% |
| 0.000 06/03/2026 | 0.94% | 100.00 | 0.00% |
| CALIFORNIA HEALTH FACS FING AUTH REV CA 2.750 11/15/2063 | 0.94% | 100.00 | 0.00% |
| NUVEEN CALIF QUALITY MUN INCOME FD 08/01/2040 | 0.93% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.18% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 1.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks the highest current income that is consistent with stability of capital and liquidity and is exempt from federal and California personal income tax. To pursue its goal, the fund invests in money market securities from California issuers and from municipal agencies, U.S. territories and possessions. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | California Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Charles Schwab |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (5-1-26) | 2.02% |
| 30-Day SEC Yield (1-31-25) | 2.15% |
| 7-Day SEC Yield (3-31-26) | 1.99% |
| Number of Holdings | 427 |
| Bond | |
| Yield to Maturity (2-28-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 319 |
As of February 28, 2026
Fund Details
| Key Dates | |
| Launch Date | 9/24/2020 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 4/28/2025 |
| Share Classes | |
| SWKXX | Inv |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |