Schwab Target 2010 Index Fund Institutional Shares

Frequently Asked Questions About SWYAX

What does SWYAX invest in?

This fund endeavors to meet its financial goals primarily by investing in Schwab's own exchange-traded funds (ETFs). Its established policy mandates that, under typical market circumstances, at least 80% of its total assets—which include both net assets and any capital borrowed for investment purposes—are allocated to underlying funds. These underlying funds are specifically designed to track the returns of particular market benchmarks. The fund's overall management strategy is precisely aligned with the target retirement date indicated in its title, operating on the premise that an investor will retire at age 65.

What is the expense ratio of SWYAX?

Schwab Target 2010 Index Fund Institutional Shares (SWYAX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SWYAX?

Schwab Target 2010 Index Fund Institutional Shares (SWYAX) manages $79.7M 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 SWYAX actively managed or an index fund?

SWYAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SWYAX launched?

Schwab Target 2010 Index Fund Institutional Shares (SWYAX) launched in August 2016 and is managed by Schwab.

How has SWYAX performed?

SWYAX'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.