Schwab Balanced Fund
Fund
SWOBX
Price as of:
$17.33
+ $0.04
+ 0.23%
Primary Theme
fund company
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
11.5%
1 yr return
21.1%
3 Yr Avg Return
2.5%
5 Yr Avg Return
7.7%
Net Assets
$697 M
Holdings in Top 10
99.9%
52 WEEK LOW AND HIGH
$17.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 6.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SWOBX - Profile
Distributions
- YTD Total Return 11.5%
- 3 Yr Annualized Total Return 2.5%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.01%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSchwab Balanced Fund
-
Fund Family NameSCHFLFSETF
-
Inception DateNov 25, 1996
-
Shares Outstanding42747255
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerZifan Tang
Fund Description
To pursue its goal, the fund generally invests in a diversified group of other affiliated Schwab Funds (the underlying funds) in accordance with its target portfolio allocation. The fund’s target allocation is intended to allocate investments among various asset classes such as equity, fixed income and cash and cash equivalents (including money market funds). Each underlying fund invests its assets in a different segment of the equity or fixed-income market in accordance with its own investment objectives and policies. Normally, the fund invests 55-65% of its assets in equity securities (including stocks and equity funds) and 35-45% in fixed-income securities (including bonds and fixed-income funds), and cash and cash equivalents (including money market funds). This allocation is designed to provide a mix of the growth opportunities of stock investing with the income opportunities of bonds and other fixed-income securities. Under normal circumstances, the fund will invest at least 25% of its assets in equity securities and at least 25% of its assets in fixed-income securities.
Within the equity fund allocation, the portfolio manager typically allocates the fund’s investments among underlying large-cap and small-cap stock funds, as well as international stock funds or other equity funds with an international component, including underlying funds with some exposure to emerging market securities.
Within the fixed-income fund allocation, the portfolio manager allocates investments among underlying bond funds based on a number of factors including total return potential and the maturities and credit quality of their holdings.
The fund intends to invest in a combination of the underlying funds; however, the fund may invest a portion of its assets directly in equity and fixed-income securities, as well as exchange-traded funds (ETFs) or other unaffiliated mutual funds to maintain its asset allocations. The underlying funds may invest in derivatives, principally futures contracts.
For temporary defensive purposes during unusual economic or market conditions or for liquidity purposes, the fund may invest up to 100% of its assets directly in cash, money market instruments, repurchase agreements and other short-term obligations. When the fund engages in such activities, it may not achieve its investment objective.
SWOBX - Performance
Return Ranking - Trailing
| Period | SWOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.5% | -3.2% | 57.3% | 33.43% |
| 1 Yr | 21.1% | -2.8% | 64.3% | 25.76% |
| 3 Yr | 2.5%* | -5.5% | 13.7% | 47.56% |
| 5 Yr | 7.7%* | -3.3% | 19.4% | 33.60% |
| 10 Yr | 7.3%* | 0.9% | 11.9% | 26.18% |
* Annualized
Return Ranking - Calendar
| Period | SWOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.6% | -12.2% | 23.9% | 34.63% |
| 2022 | -26.5% | -34.7% | 2.8% | 96.04% |
| 2021 | 7.8% | -11.9% | 18.1% | 36.12% |
| 2020 | 11.4% | -20.9% | 39.7% | 18.57% |
| 2019 | 14.2% | 0.8% | 25.7% | 47.55% |
Total Return Ranking - Trailing
| Period | SWOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.5% | -3.2% | 57.3% | 33.43% |
| 1 Yr | 21.1% | -2.8% | 64.3% | 25.76% |
| 3 Yr | 2.5%* | -5.5% | 13.7% | 47.56% |
| 5 Yr | 7.7%* | -3.3% | 19.4% | 33.60% |
| 10 Yr | 7.3%* | 0.9% | 11.9% | 26.18% |
* Annualized
Total Return Ranking - Calendar
| Period | SWOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.9% | -12.2% | 26.8% | 11.40% |
| 2022 | -19.0% | -29.0% | 10.9% | 95.01% |
| 2021 | 14.8% | -3.0% | 27.3% | 31.26% |
| 2020 | 14.7% | -19.5% | 40.6% | 31.43% |
| 2019 | 20.2% | 2.2% | 32.7% | 41.34% |
NAV & Total Return History
SWOBX - Holdings
Concentration Analysis
| SWOBX | Category Low | Category High | SWOBX % Rank | |
|---|---|---|---|---|
| Net Assets | 697 M | 789 K | 230 B | 60.32% |
| Number of Holdings | 7 | 2 | 16015 | 96.54% |
| Net Assets in Top 10 | 684 M | 577 K | 69.8 B | 46.90% |
| Weighting of Top 10 | 99.87% | 10.8% | 122.7% | 13.85% |
Top 10 Holdings
- Schwab U.S. Aggregate Bond Index Fund 36.65%
- Schwab Core Equity Fund 26.27%
- Schwab Select Large Cap Growth Fund 15.13%
- Schwab International Opportunities Fund 9.67%
- Schwab Small-Cap Equity Fund 9.15%
- Schwab Variable Share Price Money Fund 2.30%
- State Street Institutional US Government Money Market Fund 0.71%
Asset Allocation
| Weighting | Return Low | Return High | SWOBX % Rank | |
|---|---|---|---|---|
| Stocks | 99.16% | 0.00% | 100.16% | 28.57% |
| Cash | 0.84% | -7.92% | 100.00% | 60.61% |
| Convertible Bonds | 0.38% | 0.00% | 23.84% | 69.33% |
| Preferred Stocks | 0.00% | 0.00% | 23.91% | 54.11% |
| Other | 0.00% | -42.55% | 113.97% | 63.49% |
| Bonds | 0.00% | 0.00% | 74.58% | 73.02% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SWOBX % Rank | |
|---|---|---|---|---|
| Technology | 24.99% | 0.00% | 44.21% | 10.06% |
| Consumer Cyclical | 15.29% | 0.00% | 19.36% | 2.19% |
| Healthcare | 12.89% | 0.00% | 29.35% | 69.68% |
| Financial Services | 11.72% | 0.00% | 38.77% | 88.05% |
| Communication Services | 9.63% | 0.00% | 38.10% | 9.77% |
| Industrials | 9.57% | 0.00% | 24.37% | 60.20% |
| Consumer Defense | 5.94% | 0.00% | 15.14% | 71.87% |
| Energy | 4.22% | 0.00% | 85.65% | 57.43% |
| Basic Materials | 2.27% | 0.00% | 33.35% | 83.24% |
| Real Estate | 2.10% | 0.00% | 65.01% | 76.82% |
| Utilities | 1.39% | 0.00% | 99.55% | 83.82% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SWOBX % Rank | |
|---|---|---|---|---|
| US | 99.16% | 0.00% | 100.16% | 28.57% |
| Non US | 0.00% | 0.00% | 39.06% | 54.98% |
SWOBX - Expenses
Operational Fees
| SWOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.52% | 0.03% | 17.63% | 89.24% |
| Management Fee | 0.00% | 0.00% | 1.83% | 7.16% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| SWOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SWOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 2.00% | 24.68% |
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.
| SWOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 6.00% | 0.00% | 343.00% | 2.47% |
SWOBX - Distributions
Dividend Yield Analysis
| SWOBX | Category Low | Category High | SWOBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.93% | 0.00% | 17.90% | 7.74% |
Dividend Distribution Analysis
| SWOBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| SWOBX | Category Low | Category High | SWOBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.01% | -2.34% | 19.41% | 58.44% |
Capital Gain Distribution Analysis
| SWOBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.334 | OrdinaryDividend |
| Dec 28, 2023 | $0.550 | CapitalGainLongTerm |
| Dec 29, 2022 | $1.422 | OrdinaryDividend |
| Dec 30, 2021 | $1.225 | OrdinaryDividend |
| Dec 30, 2020 | $0.522 | OrdinaryDividend |
| Dec 30, 2019 | $0.224 | OrdinaryDividend |
| Dec 30, 2019 | $0.598 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.001 | CapitalGainShortTerm |
| Dec 28, 2018 | $0.614 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.368 | OrdinaryDividend |
| Dec 28, 2017 | $0.018 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.477 | OrdinaryDividend |
| Dec 29, 2016 | $0.099 | CapitalGainShortTerm |
| Dec 29, 2016 | $0.765 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.217 | OrdinaryDividend |
| Dec 30, 2015 | $0.036 | CapitalGainShortTerm |
| Dec 30, 2015 | $0.724 | CapitalGainLongTerm |
| Dec 30, 2015 | $0.325 | OrdinaryDividend |
| Dec 30, 2014 | $0.424 | CapitalGainLongTerm |
| Dec 30, 2014 | $0.338 | OrdinaryDividend |
| Dec 27, 2013 | $0.207 | OrdinaryDividend |
| Dec 27, 2012 | $0.215 | OrdinaryDividend |
| Dec 29, 2011 | $0.172 | OrdinaryDividend |
| Dec 30, 2010 | $0.185 | OrdinaryDividend |
| Dec 30, 2009 | $0.185 | OrdinaryDividend |
| Dec 31, 2008 | $0.320 | CapitalGainLongTerm |
| Dec 31, 2008 | $0.368 | OrdinaryDividend |
| Dec 20, 2007 | $0.122 | CapitalGainShortTerm |
| Dec 20, 2007 | $0.571 | CapitalGainLongTerm |
| Dec 20, 2007 | $0.287 | OrdinaryDividend |
| Dec 21, 2006 | $0.605 | CapitalGainLongTerm |
| Dec 21, 2006 | $0.235 | OrdinaryDividend |
| Dec 22, 2005 | $0.377 | CapitalGainLongTerm |
| Dec 22, 2005 | $0.161 | OrdinaryDividend |
| Dec 17, 2004 | $0.087 | OrdinaryDividend |
| Dec 19, 2003 | $0.135 | OrdinaryDividend |
| Dec 20, 2002 | $0.148 | OrdinaryDividend |
| Dec 28, 2001 | $0.236 | OrdinaryDividend |
SWOBX - Fund Manager Analysis
Managers
Zifan Tang
Start Date
Tenure
Tenure Rank
Feb 28, 2012
10.26
10.3%
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
Feb 28, 2019
3.25
3.3%
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 | 34.51 | 6.36 | 2.41 |