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SWGXX

$--
--%
1d
1w
1m

Analysis and statistics

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About

SWGXX.US represents Schwab Government Money Fund, a money market mutual fund offered by Charles Schwab Investment Management. It primarily invests in U.S. government securities, repurchase agreements collateralized by U.S. government securities, and cash. The fund aims to provide a high level of current income consistent with preservation of capital and liquidity. As a money market fund, it seeks to maintain a stable net asset value (NAV) of $1 per share, although this is not guaranteed, and its yield fluctuates based on prevailing interest rates.
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Factors

Federal Reserve Interest Rate Policies: SWGXX's yield closely mirrors the Fed's benchmark interest rates.

Overall Money Market Conditions: Supply and demand dynamics in the short-term lending market influence SWGXX's returns.

Creditworthiness of Holdings: SWGXX invests in government securities; perceived risk impacts pricing.

Fund Management and Expenses: Operational costs can slightly reduce the fund's net yield.

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