SWVXX Dividend Yield 2026: Schwab Prime Advantage Money Fund - Investor

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Data last updated: Sep 02, 2026

Snapshot (as of Sep 02, 2026): Schwab Prime Advantage Money Fund - Investor (SWVXX) pays a $0.03 annual dividend, yielding 3.33% at $1.00/share. Next ex-dividend date 2026-07-31. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 3.33%

Annual Dividend: $0.03 per share

Ex-Dividend Date: 2026-07-31

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 11

About Schwab Prime Advantage Money Fund - Investor Dividend

The Schwab Prime Advantage Money Fund - Investor dividend reflects the fund's singular focus: seeking the highest current income consistent with capital stability and liquidity. The current yield stands at 3.33%, with a trailing annual dividend rate of $0.0333 per share paid monthly. The next ex-dividend date is July 31, 2026. With a beta of just 0.02, SWVXX is built for income investors who prioritize capital preservation over price appreciation.

Dividend Safety

Schwab Prime Advantage Money Fund - Investor pays out dividends as a fund, making the payout ratio not applicable (fund/ETF). The fund's stated mandate, seeking the highest current income consistent with stability of capital and liquidity, directly supports the current payout level by design. Schwab Prime Advantage Money Fund - Investor dividend safety is tied to prevailing short-term interest rate conditions, which drive income generation in money market funds, and any sustained rate decline would pressure the yield.

Schwab Prime Advantage Money Fund - Investor (SWVXX) Dividend Growth Rate, CAGR, and History

Schwab Prime Advantage Money Fund - Investor dividend history shows a CAGR of 12.7% per year from 2018 to 2025. Per-share dividends grew from $0.0175 in 2018 to $0.0405 in 2025 (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 199.4% in 2024, though the history also contains at least one year-over-year decline exceeding 5%, meaning growth has not been linear.

Schwab Prime Advantage Money Fund - Investor Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+37.7%	$0.02 (2022)	$0.04 (2025)

Is Schwab Prime Advantage Money Fund - Investor a Good Dividend Stock?

SWVXX fits dividend investors who want monthly income from a fund engineered for capital stability rather than price growth. The current yield of 3.33% falls in the moderate (2-4%) range and sits above the 5-year average of 2.98%, meaning the fund is currently delivering above its own historical norm. The trade-off is clear: zero consecutive years of dividend increases and a history that includes meaningful year-over-year declines mean income is rate-sensitive, not structurally growing. What an investor gets is monthly cash flow with near-zero price volatility. What they give up is any expectation of steady, compounding dividend growth.

Recent Schwab Prime Advantage Money Fund - Investor Dividend Payments

Payment Date	Amount per Share
2026-07-31	$0.0032
2026-06-30	$0.0029
2026-05-29	$0.0029
2026-04-30	$0.0029
2026-03-31	$0.0029
2026-02-27	$0.0027
2026-01-30	$0.0030
2025-12-31	$0.0032
2025-11-28	$0.0029
2025-10-31	$0.0036

Schwab Prime Advantage Money Fund - Investor Annual Dividend History

Year	Total Dividends
2026	$0.0205
2025	$0.0405
2024	$0.0464
2023	$0.0424
2022	$0.0155

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.03% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.02% yield)
• VOO — Vanguard S&P 500 ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.04% yield)
• JPM — JPMorgan Chase & Co. (1.68% yield)
• IVV — iShares Core S&P 500 ETF (1.05% yield)

Frequently Asked Questions

Does SWVXX pay dividends?

Yes, Schwab Prime Advantage Money Fund - Investor (SWVXX) pays a $0.03 annual dividend per share, yielding 3.33%.

How often does Schwab Prime Advantage Money Fund - Investor pay dividends?

Schwab Prime Advantage Money Fund - Investor pays dividends monthly. The last dividend amount was $0.0032 per share, with the next ex-dividend date set for July 31, 2026.

What is Schwab Prime Advantage Money Fund - Investor's current dividend yield?

The current yield is 3.33%, above the fund's 5-year average yield of 2.98%. That gap means SWVXX is currently generating more income than it has on average over the past five years.

Has Schwab Prime Advantage Money Fund - Investor ever cut its dividend?

The available history from 2018 to 2025 contains at least one year-over-year decline exceeding 5%, so the dividend has not been immune to cuts within this window. The fund has zero consecutive years of dividend increases.

How fast has Schwab Prime Advantage Money Fund - Investor grown its dividend?

The compound annual growth rate (CAGR) from 2018 to 2025 is 12.7% per year. However, that figure includes a 199.4% spike in 2024 and at least one significant decline, so growth has been highly uneven rather than steady.

Is Schwab Prime Advantage Money Fund - Investor a good dividend stock for income investors?

SWVXX carries a 3.33% yield in the moderate (2-4%) range and pays monthly, which suits income investors focused on regular cash flow. The payout ratio is not applicable as a fund, and income is tied to prevailing interest rate conditions rather than corporate earnings.

How does Schwab Prime Advantage Money Fund - Investor compare to its own historical yield?

The current yield of 3.33% is above the 5-year average of 2.98%. For income investors, that means SWVXX is currently delivering more than its own historical baseline, though that gap can narrow if rates fall.

What type of investor is Schwab Prime Advantage Money Fund - Investor best suited for?

SWVXX suits income investors who prioritize capital stability and monthly cash flow over dividend growth. A beta of 0.02 reflects near-zero price volatility, but the dividend itself is rate-sensitive and has declined in past years.

Latest SWVXX News

• 7 Best Money Market Funds to Buy for 2026 | Investing - U.S. News Money — U.S. News Money
• 5 Best Schwab Money Market Funds | Investing - U.S. News Money — U.S. News Money
• Is VMFXX Safe? 8 Reasons to Avoid It in 2026 - Bondsavvy — Bondsavvy

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