Schwab Core Equity
- SWANX
- Price as of: Jul 30, 2021
-
$28.51
N/A N/A
- Primary Theme
- U.S. Large-Cap Blend Equity
- Fund Company
- Charles Schwab
- Share Class
SWANX - Snapshot
Vitals
- YTD Return 17.4%
- 3 Yr Annualized Return 14.3%
- 5 Yr Annualized Return 15.2%
- Net Assets $1.84 B
- Holdings in Top 10 33.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.73%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 97.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Blend
SWANX - Profile
Distributions
- YTD Total Return 17.4%
- 3 Yr Annualized Total Return 14.3%
- 5 Yr Annualized Total Return 15.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.91%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameSchwab Core Equity Fund™
-
Fund Family NameSchwab Funds
-
Inception DateJul 01, 1996
-
Shares Outstanding66451004
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJonas Svallin
Fund Description
The fund invests primarily in U.S. stocks. It pursues its goal by investing at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in equity securities of U.S. companies. The managers expect to hold the common stocks of U.S. companies that have market capitalizations of approximately $500 million or more. The fund seeks to assemble a portfolio with long-term performance that will exceed that of the S&P 500® Index.
SWANX - Performance
Return Ranking - Trailing
| Period | SWANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.4% | -71.4% | 44.0% | 42.31% |
| 1 Yr | 35.2% | 6.4% | 91.4% | 84.69% |
| 3 Yr | 14.3%* | -0.6% | 25.5% | 83.67% |
| 5 Yr | 15.2%* | 4.5% | 26.6% | 70.92% |
| 10 Yr | 12.6%* | 3.0% | 16.4% | 73.59% |
* Annualized
Return Ranking - Calendar
| Period | SWANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 6.9% | -94.0% | 2181.7% | 74.28% |
| 2019 | 25.8% | -22.7% | 41.1% | 33.90% |
| 2018 | -20.9% | -100.0% | 17.1% | 83.59% |
| 2017 | 11.2% | -100.0% | 33.2% | 66.35% |
| 2016 | 5.2% | -44.8% | 25.0% | 65.10% |
Total Return Ranking - Trailing
| Period | SWANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.4% | -71.4% | 44.0% | 42.37% |
| 1 Yr | 35.2% | 6.4% | 108.6% | 75.12% |
| 3 Yr | 14.3%* | -0.6% | 26.6% | 75.77% |
| 5 Yr | 15.2%* | 4.5% | 26.6% | 63.72% |
| 10 Yr | 12.6%* | 3.0% | 16.4% | 70.40% |
* Annualized
Total Return Ranking - Calendar
| Period | SWANX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 6.9% | -94.0% | 2181.7% | 74.28% |
| 2019 | 25.8% | -21.6% | 41.1% | 33.90% |
| 2018 | -20.9% | -100.0% | 17.1% | 89.85% |
| 2017 | 11.2% | -100.0% | 33.2% | 91.24% |
| 2016 | 5.2% | -13.4% | 26.8% | 84.40% |
NAV & Total Return History
SWANX - Holdings
Concentration Analysis
| SWANX | Category Low | Category High | SWANX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.84 B | 20 | 1.26 T | 40.08% |
| Number of Holdings | 110 | 2 | 3910 | 42.54% |
| Net Assets in Top 10 | 617 M | -472 M | 279 B | 32.98% |
| Weighting of Top 10 | 33.51% | 2.3% | 100.0% | 43.59% |
Top 10 Holdings
- Apple Inc 6.65%
- Microsoft Corp 6.62%
- Alphabet Inc Class A 4.36%
- Amazon.com Inc 4.32%
- Bank of America Corp 2.68%
- Adobe Inc 2.20%
- Facebook Inc Class A 2.05%
- Goldman Sachs Group Inc 2.02%
- Mastercard Inc A 2.01%
- Accenture PLC Class A 1.93%
Asset Allocation
| Weighting | Return Low | Return High | SWANX % Rank | |
|---|---|---|---|---|
| Stocks | 99.20% | 0.00% | 152.50% | 57.02% |
| Cash | 0.80% | -87.42% | 100.00% | 39.80% |
| Preferred Stocks | 0.00% | 0.00% | 5.20% | 83.96% |
| Other | 0.00% | -15.82% | 100.00% | 83.12% |
| Convertible Bonds | 0.00% | 0.00% | 8.98% | 83.45% |
| Bonds | 0.00% | -0.36% | 82.68% | 84.29% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SWANX % Rank | |
|---|---|---|---|---|
| Technology | 26.31% | 0.00% | 77.03% | 18.69% |
| Financial Services | 14.86% | 0.00% | 67.99% | 37.55% |
| Consumer Cyclical | 12.70% | 0.00% | 53.56% | 24.22% |
| Communication Services | 12.41% | 0.00% | 36.08% | 20.10% |
| Healthcare | 12.36% | 0.00% | 58.76% | 70.81% |
| Industrials | 7.15% | 0.00% | 62.09% | 88.82% |
| Consumer Defense | 4.66% | 0.00% | 51.01% | 82.50% |
| Real Estate | 3.52% | 0.00% | 68.36% | 22.30% |
| Energy | 2.84% | 0.00% | 19.92% | 33.82% |
| Basic Materials | 1.88% | 0.00% | 31.64% | 75.04% |
| Utilities | 1.33% | 0.00% | 32.20% | 68.61% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SWANX % Rank | |
|---|---|---|---|---|
| US | 96.67% | 0.00% | 149.97% | 49.80% |
| Non US | 2.53% | 0.00% | 63.63% | 46.23% |
SWANX - Expenses
Operational Fees
| SWANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.73% | 0.01% | 4.53% | 47.69% |
| Management Fee | 0.47% | 0.00% | 2.00% | 40.82% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.95% | N/A |
Sales Fees
| SWANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SWANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | 40.29% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SWANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 97.00% | 0.00% | 363.00% | 86.73% |
SWANX - Distributions
Dividend Yield Analysis
| SWANX | Category Low | Category High | SWANX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.70% | 0.00% | 1.23% | 85.77% |
Dividend Distribution Analysis
| SWANX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| SWANX | Category Low | Category High | SWANX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.91% | -3.04% | 2.71% | 55.02% |
Capital Gain Distribution Analysis
| SWANX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 14, 2018 | $0.271 |
| Dec 08, 2017 | $0.344 |
| Dec 12, 2016 | $0.340 |
| Dec 10, 2015 | $0.365 |
| Dec 09, 2014 | $0.334 |
| Dec 05, 2013 | $0.224 |
| Dec 06, 2012 | $0.166 |
| Aug 31, 2012 | $0.169 |
| Dec 22, 2011 | $0.167 |
| Dec 23, 2010 | $0.167 |
| Dec 23, 2009 | $0.152 |
| Dec 23, 2008 | $0.218 |
| Dec 23, 2005 | $0.090 |
| Dec 20, 2004 | $0.162 |
| Dec 22, 2003 | $0.109 |
| Dec 16, 2002 | $0.074 |
| Dec 24, 2001 | $0.076 |
| Dec 31, 1998 | $0.086 |
| Dec 29, 1997 | $0.122 |
| Dec 27, 1996 | $0.075 |
SWANX - Fund Manager Analysis
Managers
Jonas Svallin
Start Date
Tenure
Tenure Rank
Sep 21, 2012
8.78
8.8%
Jonas Svallin, CFA, Vice President and Head of Active Equities and leads the Active Equities portfolio management and research team. Prior to joining CSIM in 2012, Mr. Svallin spent nearly three years as a partner and a director of quantitative analytics and research at Fiduciary Research & Consulting, where he provided oversight of quantitative analytics and risk management efforts. From 2003 until 2009, Mr. Svallin was a principal and head portfolio manager at Algert Coldiron Investors LLC (now known as Algert Global). Prior to joining Algert, Mr. Svallin worked as a quantitative research associate at RCM Capital Management (now known as Allianz Global Investors) and a senior consultant at FactSet Research Systems.
Wei Li
Start Date
Tenure
Tenure Rank
Jun 14, 2013
8.05
8.1%
Wei Li, Ph.D., CFA, Senior Portfolio Manager at Charles Schwab Investment Management Inc. Prior to joining CSIM in 2012, Ms. Li spent more than ten years at Barclays Global Investors (now known as BlackRock, Inc.), where she held a number of positions. From 2001 to 2009, she worked in various roles in the Global Advanced Active group, including portfolio management and quantitative research for both U.S. and international equity markets. After 2009, she worked in the defined contribution research and product development area for almost two years.
Iain Clayton
Start Date
Tenure
Tenure Rank
Feb 27, 2015
6.34
6.3%
Iain Clayton, CFA, FRM, Senior Portfolio Manager, joined Charles Schwab Investment Management Inc in 2013, Mr. Clayton spent more than five years at SSI Investment Management, where he was a portfolio manager and director of quantitative research. In these roles, Mr. Clayton co-managed multiple investment strategies and developed quantitative models and valuation approaches. From 2004 to 2008, he worked as a portfolio manager and director at RCM Capital Management (now known as Allianz Global Investors) and helped manage various equity portfolios and developed fundamental-based stock selection models. Prior to that, he was a vice president at Eureka Investment Advisors for almost three years and also served as a senior quantitative analyst/assistant portfolio manager. He has also worked as a quantitative research analyst at RCM Capital Management.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 38.11 | 6.48 | 1.5 |