# Schwab Target 2025 Fund (SWHRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/swhrx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Schwab · Asset class: — - Strategy: Thematic · Inception: 2008-03-12 This fund aims to fulfill its investment goals primarily by directing its assets into a mix of affiliated Schwab Funds and Laudus Funds. It also retains the discretion to invest in mutual funds offered by unrelated, third-party companies. These various investments – including Schwab Funds, Laudus Funds, and other external funds – are collectively known as 'underlying funds.' The fund's allocation among these underlying holdings strictly adheres to its predetermined target portfolio strategy. ## Key Facts | Metric | Value | |---|---| | Price | $15.23 | | Expense Ratio | 0.29% | | Assets Under Management | $350.5M | | NAV | $15.23 | | Holdings Count | 22 | | Distribution Yield (TTM) | 9.74% | | Annual Distribution (TTM) | $1.48 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.29 – $16.20 | | Beta | 0.83 | ## Latest Distribution - Amount: $1.4835 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-30 ## Frequently Asked Questions ### What does SWHRX invest in? This fund aims to fulfill its investment goals primarily by directing its assets into a mix of affiliated Schwab Funds and Laudus Funds. It also retains the discretion to invest in mutual funds offered by unrelated, third-party companies. These various investments – including Schwab Funds, Laudus Funds, and other external funds – are collectively known as 'underlying funds.' The fund's allocation among these underlying holdings strictly adheres to its predetermined target portfolio strategy. ### What is the expense ratio of SWHRX? Schwab Target 2025 Fund (SWHRX) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SWHRX? Schwab Target 2025 Fund (SWHRX) manages $350.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SWHRX actively managed or an index fund? SWHRX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was SWHRX launched? Schwab Target 2025 Fund (SWHRX) launched in March 2008 and is managed by Schwab. ### How has SWHRX performed? SWHRX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SWHRX pay a dividend? Schwab Target 2025 Fund (SWHRX) currently distributes little or no income. Trailing-twelve-month yield is 9.74%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SWHRX pay dividends? Schwab Target 2025 Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SWHRX's dividend yield? SWHRX's trailing-twelve-month yield is 9.74%, calculated from the sum of dividends over the past year divided by the current price. ### When is SWHRX's next ex-dividend date? The most recently announced ex-dividend date for SWHRX was 2025-12-30. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will SWHRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.29% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SWHRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SWHRX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SWHRX cost more than a fund like VOO? SWHRX's strategy (current expense ratio 0.29%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where SWHRX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to SWHRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SWHRX (0.29%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/swhrx - Distribution history: https://www.dividenddata.com/funds/swhrx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/swhrx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/swhrx/expenses - Peer comparison: https://www.dividenddata.com/funds/swhrx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.