SWKRX: Schwab® Monthly Income Fund - Enhanced Payout - MutualFunds.com

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Schwab® Monthly Income Enh Payout

SWKRX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 3.7%
  • 5 Yr Annualized Return 4.5%
  • Net Assets $86 M
  • Holdings in Top 10 99.3%

52 WEEK LOW AND HIGH

$11.47
$9.94
$11.77

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.14%

SALES FEES

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

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare SWKRX to Popular U.S. Conservative/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$2.13

0.00%

$63.69 B

5.63%

$0.12

-9.36%

0.62%

$27.63

-0.54%

$60.30 B

2.86%

$0.79

1.13%

0.23%

$10.72

+0.19%

$16.42 B

5.07%

$0.54

-2.37%

0.68%

$15.12

+0.20%

$13.71 B

2.66%

$0.40

0.07%

0.66%

$10.52

+0.19%

$12.24 B

4.17%

$0.44

-3.22%

0.80%

SWKRX - Profile

Distributions

  • YTD Total Return -0.5%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.75%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Schwab® Monthly Income Fund - Enhanced Payout
  • Fund Family Name
    Schwab Funds
  • Inception Date
    Mar 28, 2008
  • Shares Outstanding
    7540506
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Zifan Tang

Fund Description

The fund invests primarily in a combination of Schwab Funds® and Laudus Funds in accordance with its target asset allocation. It has the flexibility to move within the following asset allocation ranges at the discretion of the investment adviser: 10%-40% equity; 50%-90% fixed income; and 0%-12% cash and cash equivalents. The fund is designed to offer investors a targeted annual payout of 4-5%.


SWKRX - Performance

Return Ranking - Trailing

Period SWKRX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -16.6% 27.8% 63.81%
1 Yr 3.2% -13.0% 38.9% 68.58%
3 Yr 3.7%* -4.4% 19.1% 72.50%
5 Yr 4.5%* -2.9% 17.5% 86.39%
10 Yr 4.5%* 2.7% 9.1% 88.07%

* Annualized

Return Ranking - Calendar

Period SWKRX Return Category Return Low Category Return High Rank in Category (%)
2019 8.6% -9.5% 22.1% 76.51%
2018 -7.0% -21.7% -3.5% 17.18%
2017 5.3% -7.3% 13.7% 55.60%
2016 -1.0% -9.0% 12.8% 96.75%
2015 -2.3% -28.9% 0.3% 4.20%

Total Return Ranking - Trailing

Period SWKRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.5% -16.6% 27.8% 66.93%
1 Yr 3.2% -13.7% 38.9% 58.62%
3 Yr 3.7%* -4.4% 19.1% 65.62%
5 Yr 4.5%* -2.9% 17.5% 82.47%
10 Yr 4.5%* 2.7% 9.1% 86.65%

* Annualized

Total Return Ranking - Calendar

Period SWKRX Return Category Return Low Category Return High Rank in Category (%)
2019 8.6% -9.5% 22.1% 76.51%
2018 -7.0% -21.7% -2.0% 60.66%
2017 5.3% -5.9% 16.6% 87.91%
2016 -1.0% -5.0% 19.1% 98.84%
2015 -2.3% -15.0% 2.3% 43.31%

NAV & Total Return History


SWKRX - Holdings

Concentration Analysis

SWKRX Category Low Category High SWKRX % Rank
Net Assets 86 M 2.25 M 63.7 B 79.70%
Number of Holdings 6 3 19902 99.06%
Net Assets in Top 10 85.1 M 2.29 M 11 B 70.19%
Weighting of Top 10 99.26% 8.3% 100.0% 3.91%

Top 10 Holdings

  1. Schwab US Aggregate Bond Index 65.49%
  2. Schwab Dividend Equity 19.22%
  3. Laudus International MarketMasters 8.83%
  4. Schwab Global Real Estate 4.75%
  5. Schwab Variable Share Price Money Ultra 0.97%

Asset Allocation

Weighting Return Low Return High SWKRX % Rank
Bonds
62.14% 0.00% 192.49% 16.23%
Stocks
32.18% 0.00% 98.16% 77.36%
Cash
5.11% -135.61% 38.75% 41.51%
Convertible Bonds
0.50% 0.00% 50.49% 66.60%
Other
0.07% -3.76% 37.19% 43.77%
Preferred Stocks
0.00% 0.00% 39.07% 88.87%

Stock Sector Breakdown

Weighting Return Low Return High SWKRX % Rank
Real Estate
19.01% 0.00% 94.42% 6.79%
Financial Services
14.30% 0.54% 31.60% 31.89%
Industrials
11.73% 0.00% 20.62% 18.11%
Healthcare
10.49% 0.00% 22.82% 83.77%
Technology
9.99% 0.00% 40.26% 84.72%
Consumer Defense
8.44% 0.00% 21.15% 34.15%
Consumer Cyclical
7.16% 0.00% 22.43% 76.42%
Communication Services
5.97% 0.00% 18.06% 82.64%
Utilities
4.59% 0.00% 35.78% 35.85%
Basic Materials
4.41% 0.00% 20.47% 31.70%
Energy
3.91% 0.00% 22.32% 35.09%

Stock Geographic Breakdown

Weighting Return Low Return High SWKRX % Rank
US
20.48% 0.00% 85.51% 79.43%
Non US
11.70% 0.00% 29.43% 39.62%

Bond Sector Breakdown

Weighting Return Low Return High SWKRX % Rank
Government
39.23% 0.00% 97.22% 14.91%
Securitized
27.11% 0.00% 48.42% 22.26%
Corporate
25.55% 0.00% 100.00% 74.15%
Cash & Equivalents
7.55% 0.00% 100.00% 58.49%
Municipal
0.56% 0.00% 100.00% 34.72%
Derivative
0.00% 0.00% 32.70% 55.85%

Bond Geographic Breakdown

Weighting Return Low Return High SWKRX % Rank
US
57.47% 0.00% 76.30% 11.51%
Non US
4.67% -10.28% 120.76% 72.83%

SWKRX - Expenses

Operational Fees

SWKRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.14% 0.02% 6.89% 95.68%
Management Fee 0.00% 0.00% 1.39% 7.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

SWKRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

SWKRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

SWKRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 0.00% 369.00% 36.40%

SWKRX - Distributions

Dividend Yield Analysis

SWKRX Category Low Category High SWKRX % Rank
Dividend Yield 0.00% 0.00% 4.65% 47.70%

Dividend Distribution Analysis

SWKRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

SWKRX Category Low Category High SWKRX % Rank
Net Income Ratio 2.75% -2.60% 6.30% 33.78%

Capital Gain Distribution Analysis

SWKRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

SWKRX - Fund Manager Analysis

Managers

Zifan Tang


Start Date

Tenure

Tenure Rank

Feb 29, 2012

8.59

8.6%

Zifan Tang, Ph.D., CFA, Managing Director and Senior Portfolio Manager, leads the portfolio management team and has overall responsibility for all aspects of portfolio management. Prior to joining CSIM in 2012, Ms. Tang was a product manager at Thomson Reuters and, from 1997 to 2009, worked as a portfolio manager at Barclays Global Investors, which was subsequently acquired by BlackRock.

Patrick Kwok


Start Date

Tenure

Tenure Rank

Apr 26, 2019

1.43

1.4%

Patrick Kwok is a Portfolio Manager within the Multi-Asset Strategies Team for Charles Schwab Investment Management, Inc. (CSIM). He supports CSIM’s multi-asset portfolio management process. Previously, Mr. Kwok served as an Associate Portfolio Manager with CSIM from 2012 to 2016. Prior to that, he worked as a fund administration manager for CSIM, where he was responsible for oversight of sub-advisors, trading, cash management and fund administration for the Schwab collective trust funds and Schwab asset allocation mutual funds. Prior to joining CSIM in 2008, Mr. Kwok spent two years as an asset operations specialist at Charles Schwab Trust Company. He also worked for one year at State Street Bank & Trust as a portfolio accountant and pricing specialist. Mr. Kwok earned a Master of Science in Financial Analysis from the University of San Francisco and a Bachelor of Arts in Economics with a minor in Business Administration from the University of California, Berkeley. He is a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 27.06 6.04 0.75