What Went Wrong with My Schwab YieldPlus Fund?

If you invested in a supposedly low risk Schwab YieldPlus Fund, including Schwab YieldPlus Fund Select Shares (SWYSX), Schwab YieldPlus Funds Investor Shares (SWYPX) and Schwab California Tax Free YieldPlus Fund (SWYCX), you may now be wondering how things could have gone so very wrong with your investment.  Our information shows that Schwab did not fully disclose the underlying risks in these funds, including the extent to which the funds were exposed to the problems of the sub-prime mortgage market.  These funds were not diversified in such a way as to make them moderate or low risk investments.  Investors who suffered losses on these funds may be entitled to recover their losses if they pursue their legal remedies. 

If you suffered losses due to a Schwab YieldPlus Fund investment, please call us at 1-800-306-6010 or contact us online.