Schwab Target 2030 Index Fund Institutional Shares

Frequently Asked Questions About SWYEX

What does SWYEX invest in?

This fund aims to achieve its financial objectives predominantly by investing in Schwab's own exchange-traded funds (ETFs). Under typical circumstances, a minimum of 80% of its overall assets (encompassing net assets and any funds borrowed for investment purposes) are dedicated to underlying funds designed to track the performance of particular market benchmarks. The fund's investment strategy is specifically tailored to the target retirement year indicated in its title, operating on the assumption that retirement will occur at age 65.

What is the expense ratio of SWYEX?

Schwab Target 2030 Index Fund Institutional Shares (SWYEX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SWYEX?

Schwab Target 2030 Index Fund Institutional Shares (SWYEX) manages $1.88B 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 SWYEX actively managed or an index fund?

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

When was SWYEX launched?

Schwab Target 2030 Index Fund Institutional Shares (SWYEX) launched in August 2016 and is managed by Schwab.

How has SWYEX performed?

SWYEX'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.