Schwab Target 2015 Fund
Summary
Objective
The fund seeks to provide capital appreciation and income consistent with its current asset allocation.
Highlights
- Reallocated based on a retirement date range to help meet investors retirement goals
- Competitively priced so your investment goes further
- Combines active and passive proprietary and sub-advised / externally managed strategies*
Fund Details
Fund Profile
| Fund Inception | 03/12/2008 | |
|---|---|---|
| Total Net Assets As of 01/14/2021 |
01/14/2021 | $81,583,353.30 |
| Index Name | Target 2015 Composite Index | |
| Shares Outstanding As of 01/14/2021 |
01/14/2021 | 6,485,651 |
| NAV As of 01/14/2021 |
01/14/2021 | $12.58 |
| Total Holdings As of 12/31/2020 |
12/31/2020 | 21 |
| Portfolio Turnover Rate As of 12/31/2020 |
12/31/2020 | 17.92% |
| Morningstar Category | Target-Date 2015 | |
| Management Style | Active |
Yields
| SEC Yield (30 Day) As of 01/13/2021 |
01/13/2021 | 0.00% |
|---|---|---|
| Distribution Yield (TTM) As of 12/31/2020 |
12/31/2020 | 1.95% |
Fees & Minimum
| Gross Expense Ratio † | 0.450% | |
|---|---|---|
| Net Expense Ratio † | 0.340% | |
| Minimum Initial Investment | No Minimum | |
| 12b-1 Fee | 0.000% |
Fund Characteristics
| Alpha (3 Yr) As of 11/30/2020 |
11/30/2020 | -0.59 |
|---|---|---|
| Beta vs. Benchmark (3 Yr) As of 11/30/2020 |
11/30/2020 | 1.06 |
| R Squared (3 Yr) As of 11/30/2020 |
11/30/2020 | 99.31 |
| Sharpe Ratio (3 Yr) As of 11/30/2020 |
11/30/2020 | 0.66 |
| Standard Deviation (3 Yr) As of 11/30/2020 |
11/30/2020 | 7.92% |
Underlying Fund Managers or Sub-Advisors¹
- American Century Investment Management, Inc.
- BlackRock Investment Management, LLC
- BNY Mellon AMNA
- Charles Schwab Investment Management, Inc.
- Clearbridge Investments
- Dodge & Cox
- Goldman Sachs Asset Management, L.P.
- Harris Associates L.P.
- Loomis, Sayles & Company, L.P.
- Metropolitan West Asset Management, LLC
- Pacific Investment Management Company, LLC
- TCW Investment Management Co.
- Wellington Management Company, LLC
- William Blair & Company, LLC
Glidepath
The target date is the date when investors are expected to begin gradual withdrawal of fund assets. For an investor planning to retire at age 65 in 2015, for example, the target allocation for the Schwab Target 2015 Fund (when this investor is 65) will be approximately 40% equity, 56% fixed income, and 4% cash investments (see chart above). The fund will continue to increase its allocation to fixed income until the year 2035. In 2035, the fund will reach its most conservative allocation of approximately 25% equity, 69% fixed income, and 6% cash investments (including money market funds).
Performance
Total Return
Monthly
-
SWGRX
Cumulative Returns (%)
- 1 Month
- +1.97
- 3 Month
- +6.03
- YTD
- +11.46
Annualized Returns (%)
- 1 Year
- +11.46
- 3 Year
- +7.26
- 5 Year
- +7.34
- 10 Year
- +6.66
- Inception
- +5.81
-
Target 2015 Composite Index (Index)
Cumulative Returns (%)
- 1 Month
- +1.79
- 3 Month
- +5.89
- YTD
- +10.28
Annualized Returns (%)
- 1 Year
- +10.28
- 3 Year
- +7.38
- 5 Year
- +7.50
- 10 Year
- +6.72
-
Dow Jones U.S. Total Stock Market Index (Index)
Cumulative Returns (%)
- 1 Month
- +4.49
- 3 Month
- +14.76
- YTD
- +20.79
Annualized Returns (%)
- 1 Year
- +20.79
- 3 Year
- +14.41
- 5 Year
- +15.36
- 10 Year
- +13.74
-
Bloomberg Barclays US Aggregate Bond Index (Index)
Cumulative Returns (%)
- 1 Month
- +0.14
- 3 Month
- +0.67
- YTD
- +7.51
Annualized Returns (%)
- 1 Year
- +7.51
- 3 Year
- +5.34
- 5 Year
- +4.44
- 10 Year
- +3.84
-
Target-Date 2015 (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +2.17
- 3 Month
- +6.91
- YTD
- +10.75
Annualized Returns (%)
- 1 Year
- +10.75
- 3 Year
- +7.14
- 5 Year
- +7.93
- 10 Year
- +6.79
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWGRX | +1.97 | +6.03 | +11.46 | +11.46 | +7.26 | +7.34 | +6.66 | +5.81 | |
| Target 2015 Composite Index (Index) | +1.79 | +5.89 | +10.28 | +10.28 | +7.38 | +7.50 | +6.72 | ||
| Dow Jones U.S. Total Stock Market Index (Index) | +4.49 | +14.76 | +20.79 | +20.79 | +14.41 | +15.36 | +13.74 | ||
| Bloomberg Barclays US Aggregate Bond Index (Index) | +0.14 | +0.67 | +7.51 | +7.51 | +5.34 | +4.44 | +3.84 | ||
| Target-Date 2015 (Morningstar Category) | +2.17 | +6.91 | +10.75 | +10.75 | +7.14 | +7.93 | +6.79 | ||
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
-
SWGRX
Average Annual Returns (%)
- 1 Year
- +11.46
- 3 Year
- +7.26
- 5 Year
- +7.34
- 10 Year
- +6.66
- Inception
- +5.81
-
Target 2015 Composite Index (Index)
Average Annual Returns (%)
- 1 Year
- +10.28
- 3 Year
- +7.38
- 5 Year
- +7.50
- 10 Year
- +6.72
-
Dow Jones U.S. Total Stock Market Index (Index)
Average Annual Returns (%)
- 1 Year
- +20.79
- 3 Year
- +14.41
- 5 Year
- +15.36
- 10 Year
- +13.74
-
Bloomberg Barclays US Aggregate Bond Index (Index)
Average Annual Returns (%)
- 1 Year
- +7.51
- 3 Year
- +5.34
- 5 Year
- +4.44
- 10 Year
- +3.84
-
Target-Date 2015 (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- +10.75
- 3 Year
- +7.14
- 5 Year
- +7.93
- 10 Year
- +6.79
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWGRX | +11.46 | +7.26 | +7.34 | +6.66 | +5.81 | |
| Target 2015 Composite Index (Index) | +10.28 | +7.38 | +7.50 | +6.72 | ||
| Dow Jones U.S. Total Stock Market Index (Index) | +20.79 | +14.41 | +15.36 | +13.74 | ||
| Bloomberg Barclays US Aggregate Bond Index (Index) | +7.51 | +5.34 | +4.44 | +3.84 | ||
| Target-Date 2015 (Morningstar Category) | +10.75 | +7.14 | +7.93 | +6.79 | ||
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
SWGRX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +9.97
- 3 Year
- +5.69
- 5 Year
- +5.72
- 10 Year
- +5.27
- Inception
- +4.62
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +7.21
- 3 Year
- +5.16
- 5 Year
- +5.25
- 10 Year
- +4.88
- Inception
- +4.28
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.34
- 3 Year
- +1.52
- 5 Year
- +1.54
- 10 Year
- +1.35
- Inception
- +1.20
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +9.97 | +5.69 | +5.72 | +5.27 | +4.62 | |
| SEC Post-Liquidation | +7.21 | +5.16 | +5.25 | +4.88 | +4.28 | |
| Tax Cost Ratio | +1.34 | +1.52 | +1.54 | +1.35 | +1.20 | |
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).
Target-Date 2015 NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +8.73
- 3 Year
- +5.29
- 5 Year
- +6.18
- 10 Year
- +5.20
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +6.64
- 3 Year
- +4.93
- 5 Year
- +5.67
- 10 Year
- +4.91
-
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 | +8.73 | +5.29 | +6.18 | +5.20 | ||
| SEC Post-Liquidation | +6.64 | +4.93 | +5.67 | +4.91 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Post-Liquidation
SWGRX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +9.97
- 3 Year
- +5.69
- 5 Year
- +5.72
- 10 Year
- +5.27
- Inception
- +4.62
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +7.21
- 3 Year
- +5.16
- 5 Year
- +5.25
- 10 Year
- +4.88
- Inception
- +4.28
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.34
- 3 Year
- +1.52
- 5 Year
- +1.54
- 10 Year
- +1.35
- Inception
- +1.20
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +9.97 | +5.69 | +5.72 | +5.27 | +4.62 | |
| SEC Post-Liquidation | +7.21 | +5.16 | +5.25 | +4.88 | +4.28 | |
| Tax Cost Ratio | +1.34 | +1.52 | +1.54 | +1.35 | +1.20 | |
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).
Target-Date 2015 NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +8.73
- 3 Year
- +5.29
- 5 Year
- +6.18
- 10 Year
- +5.20
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +6.64
- 3 Year
- +4.93
- 5 Year
- +5.67
- 10 Year
- +4.91
-
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 | +8.73 | +5.29 | +6.18 | +5.20 | ||
| SEC Post-Liquidation | +6.64 | +4.93 | +5.67 | +4.91 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Rank within Category
Morningstar Category - Target-Date 2015
-
TOP 25%
- 2021 YTD
Yearly Performance
- 2020
- 2019
- 2018
- 2017
- 2016
- +4.25
- 2015
- 2014
- 2013
- 2012
- +10.97
-
- 2021 YTD
- +11.46
Yearly Performance
- 2020
- 2019
- +15.07
- 2018
- 2017
- 2016
- 2015
- +0.32
- 2014
- +5.26
- 2013
- +12.19
- 2012
-
- 2021 YTD
Yearly Performance
- 2020
- +11.46
- 2019
- 2018
- -3.79
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
-
BOTTOM 25%
- 2021 YTD
Yearly Performance
- 2020
- 2019
- 2018
- 2017
- +10.76
- 2016
- 2015
- 2014
- 2013
- 2012
| Rank | 2021 YTD | Yearly Performance | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||
| TOP 25% | +4.25 | +10.97 | |||||||||
| +11.46 | +15.07 | +0.32 | +5.26 | +12.19 | |||||||
| +11.46 | -3.79 | ||||||||||
| BOTTOM 25% | +10.76 | ||||||||||
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
| SWGRX (Fund) | $18,876 | |
|---|---|---|
| Target 2015 Composite Index (Index) | $18,957 | |
| Dow Jones U.S. Total Stock Market Index (Index) | $35,458 | |
| Bloomberg Barclays US Aggregate Bond Index (Index) | $14,559 | |
| Target-Date 2015 (Morningstar Category) | $17,875 | |
| Worst Three Months Return (6/30/2011 - 9/30/2011) | -8.29 | |
| Best Three Months Return (3/31/2020 - 6/30/2020) | +9.91 |
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
-
SWAGX
- Name
- SCHWAB US AGGREGATE BOND INDEX SCHWAB US AGG BND INDX
- Percent of Assets (%)
- 24.20%
- Market Value
- $19.8M
-
SWPPX
- Name
- SCHWAB S+P 500 INDEX FUND SCHWAB S+P 500 INDEX SEL
- Percent of Assets (%)
- 11.61%
- Market Value
- $9.5M
-
SWSBX
- Name
- SCHWAB SHORT TERM BOND INDEX F SCHWAB SHORT TERM BOND INDEX
- Percent of Assets (%)
- 9.16%
- Market Value
- $7.5M
-
MWTIX
- Name
- METROPOLITAN WEST TOTAL RETURN MTRPLTN WST TTL RTRN BND I
- Percent of Assets (%)
- 8.88%
- Market Value
- $7.3M
-
SWMIX
- Name
- LAUDUS INTERNATIONAL MARKETMAS LAUDUS INTL MRKTMSTRS
- Percent of Assets (%)
- 7.50%
- Market Value
- $6.1M
-
SWRSX
- Name
- SCHWAB TREASURY INFLATION PROT SCHWAB TREAS INF PROT FD SEL
- Percent of Assets (%)
- 6.14%
- Market Value
- $5.0M
-
BAGIX
- Name
- BAIRD AGGREGATE BOND FUND BAIRD AGGREGATE BOND FUND IS
- Percent of Assets (%)
- 4.72%
- Market Value
- $3.9M
-
SWANX
- Name
- SCHWAB CORE EQUITY FUND SCHWAB CORE EQUITY
- Percent of Assets (%)
- 3.97%
- Market Value
- $3.2M
-
LSITX
- Name
- CLEARBRIDGE LARGE CAP GROWTH F CLEARBRIDGE LRG CAP GROW IS
- Percent of Assets (%)
- 3.76%
- Market Value
- $3.1M
-
DODGX
- Name
- DODGE + COX STOCK FUND DODGE + COX STOCK
- Percent of Assets (%)
- 3.53%
- Market Value
- $2.9M
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| SWAGX | SCHWAB US AGGREGATE BOND INDEX SCHWAB US AGG BND INDX | 24.20%
|
$19.8M | ||
| SWPPX | SCHWAB S+P 500 INDEX FUND SCHWAB S+P 500 INDEX SEL | 11.61%
|
$9.5M | ||
| SWSBX | SCHWAB SHORT TERM BOND INDEX F SCHWAB SHORT TERM BOND INDEX | 9.16%
|
$7.5M | ||
| MWTIX | METROPOLITAN WEST TOTAL RETURN MTRPLTN WST TTL RTRN BND I | 8.88%
|
$7.3M | ||
| SWMIX | LAUDUS INTERNATIONAL MARKETMAS LAUDUS INTL MRKTMSTRS | 7.50%
|
$6.1M | ||
| SWRSX | SCHWAB TREASURY INFLATION PROT SCHWAB TREAS INF PROT FD SEL | 6.14%
|
$5.0M | ||
| BAGIX | BAIRD AGGREGATE BOND FUND BAIRD AGGREGATE BOND FUND IS | 4.72%
|
$3.9M | ||
| SWANX | SCHWAB CORE EQUITY FUND SCHWAB CORE EQUITY | 3.97%
|
$3.2M | ||
| LSITX | CLEARBRIDGE LARGE CAP GROWTH F CLEARBRIDGE LRG CAP GROW IS | 3.76%
|
$3.1M | ||
| DODGX | DODGE + COX STOCK FUND DODGE + COX STOCK | 3.53%
|
$2.9M |
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Bonds | 56.74%
|
|
| Stocks | 39.06%
|
|
| Cash Investments | 4.20%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Distributions
Distributions
-
Ex-Date: 12/30/2020
- Record Date
- 12/29/2020
- Payable Date
- 12/30/2020
- Income
- 0.2445
- Short Term Capital Gain
- 0.0108
- Long Term Capital Gain
- 0.2968
- Return of Capital
- --
- Total Distribution
- 0.552100000
-
Ex-Date: 12/30/2019
- Record Date
- 12/27/2019
- Payable Date
- 12/30/2019
- Income
- 0.3072
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.3303
- Return of Capital
- --
- Total Distribution
- 0.637500000
-
Ex-Date: 12/28/2018
- Record Date
- 12/27/2018
- Payable Date
- 12/28/2018
- Income
- 0.2984
- Short Term Capital Gain
- 0.0285
- Long Term Capital Gain
- 0.2259
- Return of Capital
- --
- Total Distribution
- 0.552800000
-
Ex-Date: 12/28/2017
- Record Date
- 12/27/2017
- Payable Date
- 12/28/2017
- Income
- 0.2652
- Short Term Capital Gain
- 0.0285
- Long Term Capital Gain
- 0.3716
- Return of Capital
- --
- Total Distribution
- 0.665300000
-
Ex-Date: 12/29/2016
- Record Date
- 12/28/2016
- Payable Date
- 12/29/2016
- Income
- 0.2170
- Short Term Capital Gain
- 0.0274
- Long Term Capital Gain
- 0.3462
- Return of Capital
- --
- Total Distribution
- 0.590600000
-
Ex-Date: 12/30/2015
- Record Date
- 12/29/2015
- Payable Date
- 12/30/2015
- Income
- 0.2063
- Short Term Capital Gain
- 0.0489
- Long Term Capital Gain
- 0.5450
- Return of Capital
- --
- Total Distribution
- 0.800200000
-
Ex-Date: 12/30/2014
- Record Date
- 12/29/2014
- Payable Date
- 12/30/2014
- Income
- 0.2715
- Short Term Capital Gain
- 0.0531
- Long Term Capital Gain
- 0.5030
- Return of Capital
- --
- Total Distribution
- 0.827600000
-
Ex-Date: 12/27/2013
- Record Date
- 12/26/2013
- Payable Date
- 12/27/2013
- Income
- 0.2019
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.201900000
-
Ex-Date: 12/27/2012
- Record Date
- 12/26/2012
- Payable Date
- 12/27/2012
- Income
- 0.2287
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.228700000
-
Ex-Date: 12/29/2011
- Record Date
- 12/28/2011
- Payable Date
- 12/29/2011
- Income
- 0.2119
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.211900000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 12/30/2020 | 12/29/2020 | 12/30/2020 | 0.2445 | 0.0108 | 0.2968 | -- | 0.552100000 | ||
| 12/30/2019 | 12/27/2019 | 12/30/2019 | 0.3072 | -- | 0.3303 | -- | 0.637500000 | ||
| 12/28/2018 | 12/27/2018 | 12/28/2018 | 0.2984 | 0.0285 | 0.2259 | -- | 0.552800000 | ||
| 12/28/2017 | 12/27/2017 | 12/28/2017 | 0.2652 | 0.0285 | 0.3716 | -- | 0.665300000 | ||
| 12/29/2016 | 12/28/2016 | 12/29/2016 | 0.2170 | 0.0274 | 0.3462 | -- | 0.590600000 | ||
| 12/30/2015 | 12/29/2015 | 12/30/2015 | 0.2063 | 0.0489 | 0.5450 | -- | 0.800200000 | ||
| 12/30/2014 | 12/29/2014 | 12/30/2014 | 0.2715 | 0.0531 | 0.5030 | -- | 0.827600000 | ||
| 12/27/2013 | 12/26/2013 | 12/27/2013 | 0.2019 | -- | -- | -- | 0.201900000 | ||
| 12/27/2012 | 12/26/2012 | 12/27/2012 | 0.2287 | -- | -- | -- | 0.228700000 | ||
| 12/29/2011 | 12/28/2011 | 12/29/2011 | 0.2119 | -- | -- | -- | 0.211900000 |
Documents
SWGRX Prospectus and Other Regulatory Documents
Schwab Target 2015 Fund
