Schwab Target 2040 Index Fund Institutional Shares

Frequently Asked Questions About SWYGX

What does SWYGX invest in?

The fund aims to achieve its financial objectives by primarily allocating its capital to Schwab's affiliated exchange-traded funds (ETFs). Under typical conditions, it maintains a mandate to invest a minimum of 80% of its total assets (comprising net assets and any funds borrowed for investment) into constituent funds specifically engineered to mirror the returns of various market indices. Its management approach is tailored to the target retirement date prominently featured in its name, operating on the premise of an investor retiring at age 65.

What is the expense ratio of SWYGX?

Schwab Target 2040 Index Fund Institutional Shares (SWYGX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SWYGX?

Schwab Target 2040 Index Fund Institutional Shares (SWYGX) manages $1.81B 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 SWYGX actively managed or an index fund?

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

When was SWYGX launched?

Schwab Target 2040 Index Fund Institutional Shares (SWYGX) launched in August 2016 and is managed by Schwab.

How has SWYGX performed?

SWYGX'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.