Schwab Target 2035 Index Fund Institutional Shares

Frequently Asked Questions About SWYFX

What does SWYFX invest in?

This fund strives to accomplish its investment objectives primarily by allocating its capital to exchange-traded funds (ETFs) that are affiliated with Schwab. Under typical market conditions, it maintains a strict policy to commit at least 80% of its total net assets (including any borrowed funds used for investment) to underlying portfolios specifically designed to mirror the performance of various market benchmarks. The fund's investment strategy is precisely tailored to the target retirement year indicated in its name, operating under the assumption of an investor retiring at age 65.

What is the expense ratio of SWYFX?

Schwab Target 2035 Index Fund Institutional Shares (SWYFX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SWYFX?

Schwab Target 2035 Index Fund Institutional Shares (SWYFX) manages $1.66B 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 SWYFX actively managed or an index fund?

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

When was SWYFX launched?

Schwab Target 2035 Index Fund Institutional Shares (SWYFX) launched in August 2016 and is managed by Schwab.

How has SWYFX performed?

SWYFX'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.