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 08/04/2020 |
08/04/2020 | $264,373,856.00 |
| Index Name | FTSE EPRA Nareit Global Index (Net) | |
| Shares Outstanding As of 08/04/2020 |
08/04/2020 | 40,566,962 |
| NAV As of 08/04/2020 |
08/04/2020 | $6.52 |
| Total Holdings As of 06/30/2020 |
06/30/2020 | 181 |
| Portfolio Turnover Rate As of 06/30/2020 |
06/30/2020 | 85.73% |
| Morningstar Category | Global Real Estate | |
| Management Style | Active |
Yields
| SEC Yield (30 Day) As of 08/03/2020 |
08/03/2020 | 2.99% |
|---|---|---|
| Distribution Yield (TTM) As of 06/30/2020 |
06/30/2020 | 6.68% |
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 06/30/2020 |
06/30/2020 | $13.86B |
|---|---|---|
| Price to Earnings Ratio As of 06/30/2020 |
06/30/2020 | 12.08 |
| Price to Book Ratio As of 06/30/2020 |
06/30/2020 | 1.10 |
| Price to Cash Flow As of 06/30/2020 |
06/30/2020 | 10.50 |
| Return on Equity As of 06/30/2020 |
06/30/2020 | 10.51% |
| Alpha (3 Yr) As of 06/30/2020 |
06/30/2020 | 0.35 |
| Beta vs. Benchmark (3 Yr) As of 06/30/2020 |
06/30/2020 | 1.06 |
| R Squared (3 Yr) As of 06/30/2020 |
06/30/2020 | 98.69 |
| Sharpe Ratio (3 Yr) As of 06/30/2020 |
06/30/2020 | -0.15 |
| Standard Deviation (3 Yr) As of 06/30/2020 |
06/30/2020 | 18.93% |
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
- -17.24
- 3 Year
- -2.81
- 5 Year
- +0.81
- 10 Year
- +4.64
- Inception
- -0.50
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -8.61
- 3 Year
- -1.26
- 5 Year
- +1.38
- 10 Year
- +4.45
- Inception
- +0.25
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +2.26
- 3 Year
- +1.85
- 5 Year
- +1.69
- 10 Year
- +1.77
- Inception
- +1.74
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -17.24 | -2.81 | +0.81 | +4.64 | -0.50 | |
| SEC Post-Liquidation | -8.61 | -1.26 | +1.38 | +4.45 | +0.25 | |
| Tax Cost Ratio | +2.26 | +1.85 | +1.69 | +1.77 | +1.74 | |
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
- -15.24
- 3 Year
- -1.91
- 5 Year
- +0.08
- 10 Year
- +4.54
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -7.33
- 3 Year
- -0.56
- 5 Year
- +0.89
- 10 Year
- +4.45
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +2.33
- 3 Year
- +1.85
- 5 Year
- +1.78
- 10 Year
- +1.75
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -15.24 | -1.91 | +0.08 | +4.54 | ||
| SEC Post-Liquidation | -7.33 | -0.56 | +0.89 | +4.45 | ||
| Tax Cost Ratio | +2.33 | +1.85 | +1.78 | +1.75 | ||
Post-Liquidation
SWASX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- -17.24
- 3 Year
- -2.81
- 5 Year
- +0.81
- 10 Year
- +4.64
- Inception
- -0.50
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -8.61
- 3 Year
- -1.26
- 5 Year
- +1.38
- 10 Year
- +4.45
- Inception
- +0.25
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +2.26
- 3 Year
- +1.85
- 5 Year
- +1.69
- 10 Year
- +1.77
- Inception
- +1.74
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -17.24 | -2.81 | +0.81 | +4.64 | -0.50 | |
| SEC Post-Liquidation | -8.61 | -1.26 | +1.38 | +4.45 | +0.25 | |
| Tax Cost Ratio | +2.26 | +1.85 | +1.69 | +1.77 | +1.74 | |
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
- -15.24
- 3 Year
- -1.91
- 5 Year
- +0.08
- 10 Year
- +4.54
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- -7.33
- 3 Year
- -0.56
- 5 Year
- +0.89
- 10 Year
- +4.45
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +2.33
- 3 Year
- +1.85
- 5 Year
- +1.78
- 10 Year
- +1.75
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -15.24 | -1.91 | +0.08 | +4.54 | ||
| SEC Post-Liquidation | -7.33 | -0.56 | +0.89 | +4.45 | ||
| Tax Cost Ratio | +2.33 | +1.85 | +1.78 | +1.75 | ||
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
- -22.46
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% | -22.46 | +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.
Cumulative Growth of a $10,000 Investment
| SWASX (Fund) | $16,994 | |
|---|---|---|
| FTSE EPRA Nareit Global Index (Net) (Index) | $16,472 | |
| FTSE EPRA Nareit Global Index (Gross) (Index) | $17,768 | |
| Global Real Estate (Morningstar Category) | $16,720 | |
| Worst Three Months Return (12/31/2019 - 3/31/2020) | -30.31 | |
| Best Three Months Return (12/31/2018 - 3/31/2019) | +17.24 |
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains and/or distributions. If the inception date of the Index is less than the time period shown above, the Since Inception period is shown. Best and Worst Return cover the timeframe of the chart.
Price Performance
Portfolio
Top Holdings
-
PLD
- Name
- PROLOGIS INC REIT USD.01
- Percent of Assets (%)
- 5.61%
- Market Value
- $14.4M
-
CPT
- Name
- CAMDEN PROPERTY TRUST REIT USD.01
- Percent of Assets (%)
- 2.28%
- Market Value
- $5.8M
-
ESS
- Name
- ESSEX PROPERTY TRUST INC REIT USD.0001
- Percent of Assets (%)
- 2.19%
- Market Value
- $5.6M
-
EQIX
- Name
- EQUINIX INC REIT USD.001
- Percent of Assets (%)
- 1.94%
- Market Value
- $5.0M
-
123
- Name
- YUEXIU PROPERTY CO LTD COMMON STOCK
- Percent of Assets (%)
- 1.81%
- Market Value
- $4.6M
-
BXP
- Name
- BOSTON PROPERTIES INC REIT USD.01
- Percent of Assets (%)
- 1.80%
- Market Value
- $4.6M
-
U14
- Name
- UOL GROUP LTD COMMON STOCK
- Percent of Assets (%)
- 1.80%
- Market Value
- $4.6M
-
960
- Name
- LONGFOR GROUP HOLDINGS LTD COMMON STOCK HKD.1
- Percent of Assets (%)
- 1.76%
- Market Value
- $4.5M
-
ELS
- Name
- EQUITY LIFESTYLE PROPERTIES REIT USD.01
- Percent of Assets (%)
- 1.67%
- Market Value
- $4.3M
-
DLR
- Name
- DIGITAL REALTY TRUST INC REIT USD.01
- Percent of Assets (%)
- 1.67%
- Market Value
- $4.3M
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| PLD | PROLOGIS INC REIT USD.01 | 5.61%
|
$14.4M | ||
| CPT | CAMDEN PROPERTY TRUST REIT USD.01 | 2.28%
|
$5.8M | ||
| ESS | ESSEX PROPERTY TRUST INC REIT USD.0001 | 2.19%
|
$5.6M | ||
| EQIX | EQUINIX INC REIT USD.001 | 1.94%
|
$5.0M | ||
| 123 | YUEXIU PROPERTY CO LTD COMMON STOCK | 1.81%
|
$4.6M | ||
| BXP | BOSTON PROPERTIES INC REIT USD.01 | 1.80%
|
$4.6M | ||
| U14 | UOL GROUP LTD COMMON STOCK | 1.80%
|
$4.6M | ||
| 960 | LONGFOR GROUP HOLDINGS LTD COMMON STOCK HKD.1 | 1.76%
|
$4.5M | ||
| ELS | EQUITY LIFESTYLE PROPERTIES REIT USD.01 | 1.67%
|
$4.3M | ||
| DLR | DIGITAL REALTY TRUST INC REIT USD.01 | 1.67%
|
$4.3M |
Country
| Country | Percent of Portfolio (%) | |
|---|---|---|
| United States | 47.46%
|
|
| Japan | 9.84%
|
|
| China | 8.66%
|
|
| Germany | 5.75%
|
|
| Hong Kong | 4.82%
|
|
| Singapore | 4.81%
|
|
| United Kingdom | 4.10%
|
|
| Canada | 3.43%
|
|
| Sweden | 2.91%
|
|
| Australia | 2.78%
|
Country Breakdown is calculated only by country of domicile.
Sectors
| Sector | Percent of Portfolio (%) | |
|---|---|---|
| Real Estate | 99.89%
|
|
| Consumer Discretionary | 0.10%
|
Allocations are subject to change.
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Stocks | 99.81%
|
|
| Cash Investments | 0.19%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Market Cap
| Market Cap | Percent of Portfolio (%) | |
|---|---|---|
| $3,000-$15,000 M | 38.21%
|
|
| $1,000-$3,000 M | 27.23%
|
|
| $15,000-$70,000 M | 23.40%
|
|
| <$1,000 M | 10.24%
|
|
| > $70,000 M | 0.92%
|
Distributions
Distributions
-
Ex-Date: 06/30/2020
- Record Date
- 06/29/2020
- Payable Date
- 06/30/2020
- Income
- 0.0198
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.019800000
-
Ex-Date: 12/18/2019
- Record Date
- 12/