SWFFX: Schwab Financial Services

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SWFFX Schwab Financial Services


Profile

SWFFX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return 9.9%
  • Net Assets $57.1 M
  • Holdings in Top 10 33.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.94%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 53.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of Jun 08, 2016
  • Standard (Taxable) $100
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Financial

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return 9.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Schwab Financial Services Fundâ„¢
  • Fund Family Name
    Schwab Funds
  • Inception Date
    Jul 03, 2000
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jonas Svallin

Fund Description

To pursue its goal, the fund primarily invests in equity securities issued by companies in the financial services sector. The financial services sector may include, for example, asset management firms, brokerage companies, commercial banks, financial services firms, insurance companies, real estate investment trusts (REITs), and savings and loan associations.


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Categories

SWFFX - Mutual Fund Categories


Performance

SWFFX - Performance

Return Ranking - Trailing

Period SWFFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 9.0% 28.9% N/A
1 Yr -8.6% -36.0% 7.7% N/A
3 Yr 4.6%* -2.6% 19.7% N/A
5 Yr 9.9%* -5.3% 9.6% N/A
10 Yr 1.2%* -0.1% 11.6% N/A

* Annualized

Return Ranking - Calendar

Period SWFFX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -38.6% -14.3% N/A
2018 N/A -7.7% 46.5% N/A
2017 N/A 1.0% 33.5% N/A
2016 N/A -15.2% 15.0% N/A
2015 N/A -24.8% 12.3% N/A

Total Return Ranking - Trailing

Period SWFFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 9.0% 28.9% N/A
1 Yr -8.6% -23.3% 7.7% N/A
3 Yr 4.6%* 1.1% 23.6% N/A
5 Yr 9.9%* -5.3% 11.8% N/A
10 Yr 1.2%* -0.1% 13.8% N/A

* Annualized

Total Return Ranking - Calendar

Period SWFFX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -36.1% -10.5% N/A
2018 N/A -0.2% 47.6% N/A
2017 N/A 1.0% 37.9% N/A
2016 N/A -13.9% 15.0% N/A
2015 N/A -24.8% 13.2% N/A

NAV & Total Return History


Holdings

SWFFX - Holdings

Concentration Analysis

SWFFX Category Low Category High SWFFX % Rank
Net Assets 57.1 M 1.37 M 7.99 B N/A
Number of Holdings 89 26 427 N/A
Net Assets in Top 10 16.3 M 607 K 3.25 B N/A
Weighting of Top 10 33.78% 18.2% 67.1% N/A

Top 10 Holdings

  1. Berkshire Hathaway Inc B 6.26%
  2. JPMorgan Chase & Co 5.50%
  3. Wells Fargo & Co 4.48%
  4. Bank of America Corporation 3.90%
  5. Citigroup Inc 3.58%
  6. Simon Property Group Inc 3.09%
  7. PNC Financial Services Group Inc 1.84%
  8. MetLife Inc 1.80%
  9. Healthcare Realty Trust Inc 1.70%
  10. Goldman Sachs Group Inc 1.63%

Asset Allocation

Weighting Return Low Return High SWFFX % Rank
Stocks
78.97% 53.41% 100.35% N/A
Cash
21.03% -0.35% 40.95% N/A
Preferred Stocks
0.00% 0.00% 0.25% N/A
Other
0.00% -0.86% 5.39% N/A
Convertible Bonds
0.00% 0.00% 0.53% N/A
Bonds
0.00% 0.00% 1.56% N/A

Stock Sector Breakdown

Weighting Return Low Return High SWFFX % Rank
Financial Services
57.88% 12.03% 99.28% N/A
Real Estate
20.67% 0.00% 37.64% N/A
Communication Services
0.23% 0.00% 1.46% N/A
Industrials
0.19% 0.00% 8.05% N/A
Utilities
0.00% 0.00% 0.00% N/A
Technology
0.00% 0.00% 13.67% N/A
Healthcare
0.00% 0.00% 2.20% N/A
Energy
0.00% 0.00% 0.00% N/A
Consumer Defense
0.00% 0.00% 0.03% N/A
Consumer Cyclical
0.00% 0.00% 1.56% N/A
Basic Materials
0.00% 0.00% 3.10% N/A

Stock Geographic Breakdown

Weighting Return Low Return High SWFFX % Rank
US
78.97% 46.60% 100.00% N/A
Non US
0.00% 0.00% 50.49% N/A

Expenses

SWFFX - Expenses

Operational Fees

SWFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.94% 0.10% 4.42% N/A
Management Fee 0.54% 0.09% 1.25% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.25% N/A

Sales Fees

SWFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SWFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.75% 2.00% N/A

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.

SWFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 3.00% 633.00% N/A

Distributions

SWFFX - Distributions

Dividend Yield Analysis

SWFFX Category Low Category High SWFFX % Rank
Dividend Yield 0.00% 0.00% 0.03% N/A

Dividend Distribution Analysis

SWFFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

SWFFX Category Low Category High SWFFX % Rank
Net Income Ratio 1.23% -2.28% 1.87% N/A

Capital Gain Distribution Analysis

SWFFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SWFFX - Fund Manager Analysis

Managers

Jonas Svallin


Start Date

Tenure

Tenure Rank

Aug 03, 2012

3.99

4.0%

Jonas Svallin, CFA, a managing director and portfolio manager for the Charles Schwab Investment Management, Inc., leads the portfolio management team of Schwab’s disciplined active equity strategies, and is responsible for the day-to-day co-management of the fund. Prior to joining CSIM in 2012, Mr. Svallin spent nearly three years as a partner and a director of quantitative analytics & 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 (ACI). Prior to joining ACI, Mr. Svallin worked as a quantitative research associate at RCM Capital Management and a senior consultant at FactSet Research Systems.

Wei Li


Start Date

Tenure

Tenure Rank

Jun 14, 2013

3.13

3.1%

Wei Li, Ph.D., CFA, Portfolio Manager, is responsible for the day-to-day co-management of the fund. Prior to joining CSIM in 2012, Ms. Li spent more than ten years at BlackRock, Inc. (formerly Barclays Global Investors), 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 22.5 7.9 1.66