SWVXX Yield
Schwab Value Advantage Money Fund · Schwab · money market fund
$1.00
As of Nov 5, 2026, SWVXX (Schwab Value Advantage Money Fund) has a 7-day yield of 3.85%, after fees. It keeps a $1.00 share price, earns interest daily and pays it out monthly, so $10,000 held for a year at that yield earns about $385. It's a prime money market fund.
7-Day Yield
3.85%
$10,000 Earns
$385/yr
Per Month
$32.07
Share Price
$1.00
Assets
$248.0B
Pays
Monthly
Key facts about SWVXX
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SWVXX has a 7-day yield of 3.85% after fees: about $385 a year on $10,000.
- SWVXX is a money market fund with a $1.00 share price; it accrues interest daily and pays it monthly.
- SWVXX is a money market fund with $248.0B in assets.
- SWVXX: A prime money market fund: it also holds short-term corporate debt, which usually pays a little more. Its income is fully taxable, state tax included.
Cite this page
SmarterDividends, "SWVXX 7-Day Yield and How It Pays," updated Nov 5, 2026, https://smarterdividends.com/stocks/SWVXX
How SWVXX pays
A money market fund keeps its share price at $1.00 and pays you interest instead. SWVXX earns interest every day and pays it out once a month, usually as more shares on the last business day (most brokers reinvest it automatically). The 7-day yield is what the fund earned over the past week, after its fees, stated as a yearly rate. It moves with short-term interest rates, so expect it to change when the Federal Reserve does.
| You hold | A month | A year |
|---|---|---|
| $10,000 | $32.07 | $385 |
| $50,000 | $160.36 | $1,924 |
| $100,000 | $320.72 | $3,849 |
| $250,000 | $801.79 | $9,622 |
At today's 3.85% 7-day yield, before tax. The real figure changes as the yield does.
Compare SWVXX
SWVXX questions
What is SWVXX's yield?
As of Nov 5, 2026, SWVXX's 7-day yield is 3.85%, after the fund's fees. $10,000 held at that yield for a year earns about $385.
Does SWVXX pay dividends?
Yes. SWVXX earns interest daily and pays it monthly as a dividend, usually reinvested as new $1.00 shares. For tax purposes it's ordinary dividend income, not qualified dividends.
How often does SWVXX pay?
Monthly. Interest accrues every day and is paid out once a month, so cash that sits in SWVXX for part of a month still earns for those days.
How is SWVXX's income taxed?
A prime money market fund: it also holds short-term corporate debt, which usually pays a little more. Its income is fully taxable, state tax included. This is general information, not tax advice.
Is SWVXX or SGOV better?
It depends on what the money is for. Our SWVXX vs SGOV comparison puts their yields, costs, total returns and worst drops side by side.
Fund facts
- Type
- Money market fund
- Issuer
- Schwab
- Category
- Prime money market
- Expense ratio
- Taken out before the yield
- Assets
- $248.0B
- 7-day yield
- 3.85%
What it holds and how it's taxed
A prime money market fund: it also holds short-term corporate debt, which usually pays a little more. Its income is fully taxable, state tax included.
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Fund facts from the fund's own reports via Yahoo Finance; payments and returns from SmarterDividends records. For information only, not investment advice.