Schwab California Municipal Money Fund™ - Investor Shares
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Fund Information
Fund Type
Category
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Open/Closed to New Investors
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Cash
Stock
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Non U.S. Stock
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U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
Schwab Funds
Manager/Tenure
(Years)
(Years)
Management Team (17)
Website
Address
Schwab Funds
San Francisco CA - 94104
San Francisco CA - 94104
Country
United States
Phone Number
877-824-5615
Investment Strategy
The investment seeks the highest current income that is consistent with stability of capital and liquidity, and is exempt from federal and California personal income tax. The fund invests in money market securities from California issuers and from municipal agencies, U.S. territories and possessions. It will invest at least 80% of its net assets in municipal money market securities the interest from which is exempt from federal and California personal income tax. The fund may invest more than 25% of its total assets in municipal securities financing similar projects.