Welcome to our dedicated page for Schwab Municipal Money Fund;Investor news (Ticker: SWTXX), a resource for investors and traders seeking the latest updates and insights on Schwab Municipal Money Fund;Investor stock.
Schwab Municipal Money Fund;Investor (SWTXX) provides investors with tax-efficient exposure to high-quality municipal securities through its conservative money market strategy. This news hub delivers essential updates about the fund's operations, portfolio management decisions, and regulatory developments.
Investors and analysts can track key announcements including dividend declarations, expense ratio adjustments, and credit quality updates for underlying holdings. The curated news collection serves as a centralized resource for understanding SWTXX's position in changing interest rate environments and municipal market conditions.
Content focuses on regulatory compliance updates, portfolio manager commentaries, and strategic shifts in asset allocation. Users benefit from timely access to SEC filings, shareholder reports, and objective analyses of the fund's risk management practices.
Bookmark this page for ongoing insights into SWTXX's performance within the competitive municipal money market space. Verify critical information directly through official Schwab disclosures before making investment decisions.
The Charles Schwab Corporation announced a quarterly cash dividend of
- 5.95% Series D:
$14.88 - 5.00% Series F:
$2,500.00 - 5.375% Series G:
$1,343.75 - 4.00% Series H:
$1,000.00
Schwab serves over 34.1 million active brokerage accounts and manages
The Charles Schwab Corporation reported a strong performance for Q1 2023, with net income increasing 14% year-over-year to $1.6 billion and net revenues rising 10% to $5.1 billion. The GAAP pre-tax profit margin stood at 41.2%, while the adjusted profit margin was 45.8%. The company opened over 1 million new brokerage accounts and attracted $132 billion in net new assets, resulting in an annualized organic growth rate exceeding 7%. Despite a mixed macroeconomic backdrop, Schwab’s asset management segment displayed resilience with Managed Investing solutions net flows up 26% to $8.9 billion. Additionally, the quarterly dividend was raised by 14% to $0.25 per share. However, the company paused its buyback program amidst regulatory uncertainty following recent banking sector turmoil.
The Charles Schwab Corporation (NYSE: SCHW) has announced a Spring Business Update for institutional investors on April 17, from 6:00 a.m. to 7:00 a.m. PT. This live public webcast aims to provide insights into the company's recent developments and strategic focus. Key participants will include Co-Chairman and CEO Walt Bettinger, President Rick Wurster, and CFO Peter Crawford. As of February 28, 2023, Schwab reported $7.38 trillion in client assets, with 34 million active brokerage accounts. Investors can access the webcast at schwabevents.com/corporation.
