Schwab Global Real Estate Fund
Summary
Objective
The fund seeks capital growth and income consistent with prudent investment management.
Highlights
- An actively managed fund that offers convenient access to the global real estate market
- Provides exposure to a range of real estate securities, such as real estate investment trusts (REITs) and real estate operating companies (REOCs)
- Seeks to deliver consistent, risk-adjusted return through a disciplined investment process that uses proprietary research as one of several inputs
- An experienced investment team evaluates securities based on three components: fundamentals, valuation, and momentum
Fund Details
Fund Profile
| Fund Inception | 05/31/2007 | |
|---|---|---|
| Total Net Assets As of 07/08/2020 |
07/08/2020 | $260,429,584.19 |
| Index Name | FTSE EPRA Nareit Global Index (Net) | |
| Shares Outstanding As of 07/08/2020 |
07/08/2020 | 40,855,115 |
| NAV As of 07/08/2020 |
07/08/2020 | $6.37 |
| Total Holdings As of 03/31/2020 |
03/31/2020 | 155 |
| Portfolio Turnover Rate As of 05/31/2020 |
05/31/2020 | 87.46% |
| Morningstar Category | Global Real Estate | |
| Management Style | Active |
Yields
| SEC Yield (30 Day) As of 07/07/2020 |
07/07/2020 | 3.06% |
|---|---|---|
| Distribution Yield (TTM) As of 05/31/2020 |
05/31/2020 | 7.77% |
Fees & Minimum
| Gross Expense Ratio † | 1.120% | |
|---|---|---|
| Net Expense Ratio † | 1.050% | |
| Minimum Initial Investment | No Minimum |
Fund Characteristics
| Weighted Average Market Capitalization As of 03/31/2020 |
03/31/2020 | $11.46B |
|---|---|---|
| Price to Earnings Ratio As of 03/31/2020 |
03/31/2020 | 11.06 |
| Price to Book Ratio As of 03/31/2020 |
03/31/2020 | 0.99 |
| Price to Cash Flow As of 03/31/2020 |
03/31/2020 | 9.86 |
| Return on Equity As of 03/31/2020 |
03/31/2020 | 11.06% |
| Alpha (3 Yr) As of 05/31/2020 |
05/31/2020 | 0.85 |
| Beta vs. Benchmark (3 Yr) As of 05/31/2020 |
05/31/2020 | 1.07 |
| R Squared (3 Yr) As of 05/31/2020 |
05/31/2020 | 98.65 |
| Sharpe Ratio (3 Yr) As of 05/31/2020 |
05/31/2020 | -0.17 |
| Standard Deviation (3 Yr) As of 05/31/2020 |
05/31/2020 | 18.90% |
Performance
Total Return
Monthly
-
SWASX
Cumulative Returns (%)
- 1 Month
- +2.59
- 3 Month
- +11.26
- YTD
- -22.46
Annualized Returns (%)
- 1 Year
- -15.56
- 3 Year
- -1.17
- 5 Year
- +2.41
- 10 Year
- +6.40
- Inception
- +1.11
-
FTSE EPRA Nareit Global Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- +3.00
- 3 Month
- +9.93
- YTD
- -21.45
Annualized Returns (%)
- 1 Year
- -16.22
- 3 Year
- -1.27
- 5 Year
- +1.51
- 10 Year
- +6.05
-
FTSE EPRA Nareit Global Index (Gross) (Index)
Cumulative Returns (%)
- 1 Month
- +3.13
- 3 Month
- +10.18
- YTD
- -21.08
Annualized Returns (%)
- 1 Year
- -15.49
- 3 Year
- -0.40
- 5 Year
- +2.39
- 10 Year
- +6.86
-
Global Real Estate Spliced Index (Index)
Cumulative Returns (%)
- 1 Month
- +3.00
- 3 Month
- +9.93
- YTD
- -21.45
Annualized Returns (%)
- 1 Year
- -16.22
- 3 Year
- -1.27
- 5 Year
- +1.51
- 10 Year
- +6.05
-
Global Real Estate (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +2.40
- 3 Month
- +10.47
- YTD
- -18.44
Annualized Returns (%)
- 1 Year
- -12.52
- 3 Year
- +0.18
- 5 Year
- +2.05
- 10 Year
- +6.52
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWASX | +2.59 | +11.26 | -22.46 | -15.56 | -1.17 | +2.41 | +6.40 | +1.11 | |
| FTSE EPRA Nareit Global Index (Net) (Index) | +3.00 | +9.93 | -21.45 | -16.22 | -1.27 | +1.51 | +6.05 | ||
| FTSE EPRA Nareit Global Index (Gross) (Index) | +3.13 | +10.18 | -21.08 | -15.49 | -0.40 | +2.39 | +6.86 | ||
| Global Real Estate Spliced Index (Index) | +3.00 | +9.93 | -21.45 | -16.22 | -1.27 | +1.51 | +6.05 | ||
| Global Real Estate (Morningstar Category) | +2.40 | +10.47 | -18.44 | -12.52 | +0.18 | +2.05 | +6.52 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Quarterly
-
SWASX
Average Annual Returns (%)
- 1 Year
- -15.56
- 3 Year
- -1.17
- 5 Year
- +2.41
- 10 Year
- +6.40
- Inception
- +1.11
-
FTSE EPRA Nareit Global Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- -16.22
- 3 Year
- -1.27
- 5 Year
- +1.51
- 10 Year
- +6.05
-
FTSE EPRA Nareit Global Index (Gross) (Index)
Average Annual Returns (%)
- 1 Year
- -15.49
- 3 Year
- -0.40
- 5 Year
- +2.39
- 10 Year
- +6.86
-
Global Real Estate Spliced Index (Index)
Average Annual Returns (%)
- 1 Year
- -16.22
- 3 Year
- -1.27
- 5 Year
- +1.51
- 10 Year
- +6.05
-
Global Real Estate (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- -12.52
- 3 Year
- +0.18
- 5 Year
- +2.05
- 10 Year
- +6.52
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWASX | -15.56 | -1.17 | +2.41 | +6.40 | +1.11 | |
| FTSE EPRA Nareit Global Index (Net) (Index) | -16.22 | -1.27 | +1.51 | +6.05 | ||
| FTSE EPRA Nareit Global Index (Gross) (Index) | -15.49 | -0.40 | +2.39 | +6.86 | ||
| Global Real Estate Spliced Index (Index) | -16.22 | -1.27 | +1.51 | +6.05 | ||
| Global Real Estate (Morningstar Category) | -12.52 | +0.18 | +2.05 | +6.52 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
After Tax Returns
Pre-Liquidation
SWASX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- -25.80
- 3 Year
- -5.02
- 5 Year
- -2.21
- 10 Year
- +2.67
- Inception
- -1.33
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -13.55
- 3 Year
- -2.79
- 5 Year
- -0.86
- 10 Year
- +2.92
- Inception
- -0.31
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +2.52
- 3 Year
- +1.92
- 5 Year
- +1.70
- 10 Year
- +1.80
- Inception
- +1.76
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -25.80 | -5.02 | -2.21 | +2.67 | -1.33 | |
| SEC Post-Liquidation | -13.55 | -2.79 | -0.86 | +2.92 | -0.31 | |
| Tax Cost Ratio | +2.52 | +1.92 | +1.70 | +1.80 | +1.76 | |
After tax returns are based on highest Federal income tax bracket. State taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Global Real Estate NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- -22.82
- 3 Year
- -3.87
- 5 Year
- -2.84
- 10 Year
- +2.60
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -11.77
- 3 Year
- -1.95
- 5 Year
- -1.26
- 10 Year
- +2.93
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -22.82 | -3.87 | -2.84 | +2.60 | ||
| SEC Post-Liquidation | -11.77 | -1.95 | -1.26 | +2.93 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Post-Liquidation
SWASX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- -25.80
- 3 Year
- -5.02
- 5 Year
- -2.21
- 10 Year
- +2.67
- Inception
- -1.33
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -13.55
- 3 Year
- -2.79
- 5 Year
- -0.86
- 10 Year
- +2.92
- Inception
- -0.31
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +2.52
- 3 Year
- +1.92
- 5 Year
- +1.70
- 10 Year
- +1.80
- Inception
- +1.76
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -25.80 | -5.02 | -2.21 | +2.67 | -1.33 | |
| SEC Post-Liquidation | -13.55 | -2.79 | -0.86 | +2.92 | -0.31 | |
| Tax Cost Ratio | +2.52 | +1.92 | +1.70 | +1.80 | +1.76 | |
After tax returns are based on highest Federal income tax bracket. State taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Global Real Estate NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- -22.82
- 3 Year
- -3.87
- 5 Year
- -2.84
- 10 Year
- +2.60
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -11.77
- 3 Year
- -1.95
- 5 Year
- -1.26
- 10 Year
- +2.93
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -22.82 | -3.87 | -2.84 | +2.60 | ||
| SEC Post-Liquidation | -11.77 | -1.95 | -1.26 | +2.93 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Rank within Category
Morningstar Category - Global Real Estate
-
TOP 25%
- 2020 YTD
Yearly Performance
- 2019
- +27.78
- 2018
- 2017
- 2016
- +3.64
- 2015
- +3.02
- 2014
- 2013
- 2012
- 2011
-
- 2020 YTD
Yearly Performance
- 2019
- 2018
- 2017
- +15.34
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
-
- 2020 YTD
Yearly Performance
- 2019
- 2018
- -7.68
- 2017
- 2016
- 2015
- 2014
- +13.54
- 2013
- 2012
- 2011
- -8.43
-
BOTTOM 25%
- 2020 YTD
- -24.42
Yearly Performance
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- +0.80
- 2012
- +25.57
- 2011
| Rank | 2020 YTD | Yearly Performance | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||
| TOP 25% | +27.78 | +3.64 | +3.02 | ||||||||
| +15.34 | |||||||||||
| -7.68 | +13.54 | -8.43 | |||||||||
| BOTTOM 25% | -24.42 | +0.80 | +25.57 | ||||||||
Rank within Category compares this fund's total annual return to that of other funds in the same category and its figures are not adjusted for any fees and expenses, loads, sales charges, or taxes. See the Monthly Returns table for load-adjusted performance.
© 2020 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.