Charles Schwab Family of Funds has recently submitted its N-MFP3 report, detailing the financial status of its Schwab New York Municipal Money Fund. This filing, dated November 6, 2026, is significant as it provides insights into the fund's liquid assets and overall financial health.

The Schwab New York Municipal Money Fund is designed to provide investors with a stable investment option in the municipal market. The fund is particularly relevant in today’s economic climate, where investors are seeking safe and liquid investment vehicles.

Background

Charles Schwab Family of Funds, incorporated in Massachusetts, is an investment management firm that offers a variety of mutual funds. The company is known for its focus on providing accessible investment options to a broad range of investors. The N-MFP3 filing is part of the regulatory requirements under the Investment Company Act of 1940, ensuring transparency in the fund’s operations.

What the Filing Says

The N-MFP3 report highlights several key metrics regarding the Schwab New York Municipal Money Fund. As of October 31, 2026, the fund reported a total value of portfolio securities amounting to approximately $3.3 billion. The report also indicates that the fund maintains a stable price per share of $1.0000, which is crucial for money market funds.

"The filing provides a clear picture of the fund's liquidity and overall financial health," said a spokesperson for Charles Schwab Family of Funds.

Additionally, the fund reported daily liquid assets of approximately $688.6 million and weekly liquid assets totaling about $2.8 billion, showcasing its ability to meet redemption requests promptly.

Impact

This filing may affect various stakeholders, including investors looking for stable investment options and competitors in the investment management industry. The liquidity metrics reported could influence investor confidence in the fund, particularly in a volatile market environment.

What's Next

The filing does not say what happens next.