Expense Ratio History

SVUXX expense ratio history

Schwab Variable Share Price Money Fund, Ultra Shares

Fund company
Schwab
Type
Mutual fund

0.20%

In basis points
20 basis points
Yearly cost per $10,000
$20
Prospectus dated
2 April 2024, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.21% on 2 April 2024

Fee over time

SVUXX expense ratio: 0.71% until 28 Apr 2017, then 0.42%; 0.42% until 27 Apr 2018, then 0.39%; 0.39% until 26 Apr 2019, then 0.35%; 0.35% until 28 Apr 2020, then 0.34%; 0.34% until 24 Sep 2020, then 0.20%; 0.20% until 28 Apr 2022, then 0.21%; 0.21% until 2 Apr 2024, then 0.20%; read at 0.20% on 2 Apr 2024.0.00%0.25%0.50%0.75%1.00%Jan 2016Jun 2017Nov 2018Apr 2020Sep 2021Feb 20230.71% before0.20% from 2 Apr 2024
SVUXX expense ratio: 0.71% until 28 Apr 2017, then 0.42%; 0.42% until 27 Apr 2018, then 0.39%; 0.39% until 26 Apr 2019, then 0.35%; 0.35% until 28 Apr 2020, then 0.34%; 0.34% until 24 Sep 2020, then 0.20%; 0.20% until 28 Apr 2022, then 0.21%; 0.21% until 2 Apr 2024, then 0.20%; read at 0.20% on 2 Apr 2024.0.00%0.25%0.50%0.75%1.00%Jan 2016Nov 2018Sep 20210.71% before0.20% from 2 Apr 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 4 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
SVUXX (this page) Ultra Shares 0.20% 0.19% 2 Apr 2024
— — 0.46% 0.24% 28 Apr 2017
— — 0.57% 0.35% 28 Apr 2017
— — 0.54% 0.35% 27 Apr 2018

Every figure we've recorded

DateFeeWhat happened
2 Apr 2024 0.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-04-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Apr 2024 0.20% Cut from 0.21% to 0.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-04-02
28 Apr 2023 0.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-04-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Apr 2022 0.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-04-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Apr 2022 0.21% Raised from 0.20% to 0.21%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-04-28
28 Apr 2021 0.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-04-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
24 Sep 2020 0.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-09-24 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
24 Sep 2020 0.20% Cut from 0.34% to 0.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-09-24
28 Apr 2020 0.34% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-04-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Apr 2020 0.34% Cut from 0.35% to 0.34%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-05-12
26 Apr 2019 0.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-04-26 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
26 Apr 2019 0.35% Cut from 0.39% to 0.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-05-14
27 Apr 2018 0.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-04-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Apr 2018 0.39% Cut from 0.42% to 0.39%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-05-15
28 Apr 2017 0.42% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Apr 2017 0.42% Cut from 0.71% to 0.42%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-10-13
20 Jan 2016 0.71% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-20 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.20% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$255 in fees over 10 years

After fees, $10,000 grows to $15,974.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$20
3 years$64
5 years$113
10 years$255

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 10 prospectuses for this share class since 2016. Each one is listed above with a link to the filing.

How we read fees

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