- What does SWYBX invest in?
- This fund's primary objective is achieved by investing predominantly in affiliated exchange-traded funds (ETFs) provided by Schwab. Under normal market conditions, it commits at least 80% of its total assets (including any funds borrowed for investment purposes) to underlying funds whose strategy is to track the returns of specific market indices. The fund's management is specifically tailored to the target retirement date stated in its name, operating on the premise of an investor retiring at age 65.
- What is the expense ratio of SWYBX?
- Schwab Target 2015 Index Fund Institutional Shares (SWYBX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SWYBX?
- Schwab Target 2015 Index Fund Institutional Shares (SWYBX) manages $91.4M 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 SWYBX actively managed or an index fund?
- SWYBX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was SWYBX launched?
- Schwab Target 2015 Index Fund Institutional Shares (SWYBX) launched in August 2016 and is managed by Schwab.
- How has SWYBX performed?
- SWYBX'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.
