SWSBX: Schwab Short-Term Bond Index Fund - MutualFunds.com
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Schwab Short-Term Bond Index

SWSBX - Snapshot

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return N/A
  • Net Assets $1.99 B
  • Holdings in Top 10 7.7%

52 WEEK LOW AND HIGH

$10.34
$10.12
$10.40

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.06%

SALES FEES

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

BROKERAGE FEES

  • Turnover 65.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare SWSBX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.02

0.00%

$72.47 B

2.23%

$0.25

-0.09%

-

$82.79

-0.05%

$61.16 B

1.79%

$1.48

-0.13%

-

$10.86

0.00%

$61.16 B

-

$0.00

-0.09%

-

$4.22

0.00%

$56.26 B

2.86%

$0.12

0.24%

-

$83.13

-0.02%

$42.95 B

2.27%

$1.89

-0.14%

-

SWSBX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Schwab Short-Term Bond Index Fund
  • Fund Family Name
    Schwab Funds
  • Inception Date
    Feb 23, 2017
  • Shares Outstanding
    192592286
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Steven Hung

Fund Description

The index is a broad-based benchmark measuring the performance of U.S. dollar-denominated U.S. Treasury bonds, government related bonds and investment grade U.S. corporate bonds that have a remaining maturity of greater than or equal to one year and less than five years. The fund will invest at least 90% of its net assets in securities included in the index.


SWSBX - Performance

Return Ranking - Trailing

Period SWSBX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -1.6% 2.1% 73.40%
1 Yr 4.5% -4.6% 8.1% 32.32%
3 Yr 3.6%* 0.7% 5.4% 26.03%
5 Yr N/A* 0.9% 6.0% N/A
10 Yr N/A* 0.3% 4.4% N/A

* Annualized

Return Ranking - Calendar

Period SWSBX Return Category Return Low Category Return High Rank in Category (%)
2020 2.6% -23.0% 206.3% 27.04%
2019 2.4% -2.4% 5.0% 25.67%
2018 -0.8% -50.6% 1.0% 29.46%
2017 N/A -1.6% 2.8% N/A
2016 N/A -65.8% 7.1% N/A

Total Return Ranking - Trailing

Period SWSBX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -1.6% 2.1% 73.40%
1 Yr 4.5% -6.3% 8.1% 28.11%
3 Yr 3.6%* -0.4% 5.4% 23.88%
5 Yr N/A* 0.2% 6.0% N/A
10 Yr N/A* 0.2% 4.4% N/A

* Annualized

Total Return Ranking - Calendar

Period SWSBX Return Category Return Low Category Return High Rank in Category (%)
2020 2.6% -23.0% 206.3% 27.04%
2019 2.4% -2.3% 7.2% 26.75%
2018 -0.8% -4.2% 6.5% 37.79%
2017 N/A -1.6% 5.9% N/A
2016 N/A -65.2% 10.7% N/A

NAV & Total Return History


SWSBX - Holdings

Concentration Analysis

SWSBX Category Low Category High SWSBX % Rank
Net Assets 1.99 B 4.42 M 72.5 B 39.97%
Number of Holdings 2359 3 4692 2.00%
Net Assets in Top 10 154 M -153 M 7.31 B 58.40%
Weighting of Top 10 7.73% 2.3% 100.0% 91.32%

Top 10 Holdings

  1. US Treasury Note 0.25% 1.01%
  2. United States Treasury Notes 0.12% 0.85%
  3. United States Treasury Notes 0.25% 0.81%
  4. United States Treasury Notes 0.12% 0.80%
  5. United States Treasury Notes 2.5% 0.80%
  6. United States Treasury Notes 0.38% 0.79%
  7. United States Treasury Notes 2% 0.79%
  8. United States Treasury Notes 2% 0.78%
  9. United States Treasury Notes 0.12% 0.78%
  10. United States Treasury Notes 2% 0.77%

Asset Allocation

Weighting Return Low Return High SWSBX % Rank
Bonds
98.09% 32.11% 171.18% 10.48%
Convertible Bonds
1.57% 0.00% 22.69% 53.08%
Cash
0.33% -74.00% 66.46% 88.19%
Stocks
0.00% -1.00% 6.71% 87.02%
Preferred Stocks
0.00% 0.00% 47.96% 90.02%
Other
0.00% -6.41% 20.42% 83.36%

Bond Sector Breakdown

Weighting Return Low Return High SWSBX % Rank
Government
73.18% 0.00% 76.57% 1.50%
Corporate
26.41% 0.00% 99.95% 70.55%
Cash & Equivalents
0.33% 0.00% 66.46% 97.67%
Municipal
0.07% 0.00% 22.58% 49.58%
Securitized
0.02% 0.00% 88.90% 92.68%
Derivative
0.00% 0.00% 26.94% 85.86%

Bond Geographic Breakdown

Weighting Return Low Return High SWSBX % Rank
US
87.67% 0.00% 135.33% 18.80%
Non US
10.42% -19.58% 82.71% 57.07%

SWSBX - Expenses

Operational Fees

SWSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.06% 0.01% 34.57% 98.09%
Management Fee 0.06% 0.00% 1.19% 8.44%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

SWSBX 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 0.50% 5.00% N/A

Trading Fees

SWSBX 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.

SWSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 496.37% 44.63%

SWSBX - Distributions

Dividend Yield Analysis

SWSBX Category Low Category High SWSBX % Rank
Dividend Yield 0.00% 0.00% 2.73% 84.93%

Dividend Distribution Analysis

SWSBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SWSBX Category Low Category High SWSBX % Rank
Net Income Ratio 1.89% -9.96% 4.42% 65.02%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

SWSBX - Fund Manager Analysis

Managers

Steven Hung


Start Date

Tenure

Tenure Rank

Feb 23, 2017

3.85

3.9%

Senior Portfolio Manager, is responsible for the day-to-day co-management of the Schwab 1-5 Year Corporate Bond ETF, the Schwab 5-10 Year Corporate Bond ETF and the Schwab U.S. Aggregate Bond ETF. His primary focus is on corporate bonds. Prior to joining CSIM in 1999, Mr. Hung was an associate in Schwab’s management training program for nine months. In that role, he worked as a clerk on the options trading floor of the Pacific Coast Stock Exchange.

Mark McKissick


Start Date

Tenure

Tenure Rank

Feb 23, 2017

3.85

3.9%

Mark McKissick, CFA, is a Managing Director and Senior Portfolio Manager for Charles Schwab Investment Management, Inc. (CSIM). He is responsible for the day-to-day co-management of Schwab's Taxable Bond Funds. His primary focus is on government securities. Prior to joining CSIM in 2016, Mr. McKissick worked at Denver Investments for 17 years, most recently as a Director of Fixed Income and Portfolio Manager where he co-managed multiple bond strategies, as well as oversaw the firm's fixed income business including the investment process, client service, reporting, marketing and communication, personnel and compliance. He also served as a Credit/Security Analyst from 1999-2005. Prior to that, he worked as a Senior Research Analyst with Hotchkis & Wiley, a Portfolio Manager at Payden & Rygel, and a Vice President-Fixed Income at Salomon Brothers. Mr. McKissick earned a Bachelor of Science in Accounting and a Bachelor of Arts in Economics from Oklahoma State University, and a Master of Business Administration with an emphasis in Finance and International Business from the University of Chicago. He is a CFA(r) charterholder.

Matthew Hastings


Start Date

Tenure

Tenure Rank

Feb 23, 2017

3.85

3.9%

Matthew Hastings, CFA, Vice President and Head of Taxable Bond Strategies, leads the portfolio management team for Schwab’s taxable bond funds and the Schwab Fixed Income ETFs. He also has overall responsibility for all aspects of the management of the funds. Prior to joining Charles Schwab Investment Management in 1999, Mr. Hastings was in fixed-income sales and trading at Lehman Brothers. He has worked in the fixed-income securities industry since 1996. Hastings holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 27.92 5.87 1.0