Schwab Target 2020 Index 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
- Composed of a diverse portfolio of exchange traded funds
Fund Details
Fund Profile
| Fund Inception | 08/25/2016 | |
|---|---|---|
| Total Net Assets As of 08/12/2020 |
08/12/2020 | $222,238,547.84 |
| Index Name | Target 2020 Passive Composite Index | |
| Shares Outstanding As of 08/12/2020 |
08/12/2020 | 17,814,655 |
| NAV As of 08/12/2020 |
08/12/2020 | $12.48 |
| Total Holdings As of 06/30/2020 |
06/30/2020 | 9 |
| Portfolio Turnover Rate As of 06/30/2020 |
06/30/2020 | 22.21% |
| Morningstar Category | Target-Date 2020 | |
| Management Style | Passive |
Yields
| SEC Yield (30 Day) As of 08/11/2020 |
08/11/2020 | 0.00% |
|---|---|---|
| Distribution Yield (TTM) As of 06/30/2020 |
06/30/2020 | 2.05% |
Fees & Minimum
| Gross Expense Ratio † | 0.130% | |
|---|---|---|
| Net Expense Ratio † | 0.080% | |
| Minimum Initial Investment | No Minimum | |
| 12b-1 Fee | 0.000% |
Fund Characteristics
| Alpha (3 Yr) As of 06/30/2020 |
06/30/2020 | -0.24 |
|---|---|---|
| Beta vs. Benchmark (3 Yr) As of 06/30/2020 |
06/30/2020 | 1.04 |
| R Squared (3 Yr) As of 06/30/2020 |
06/30/2020 | 99.74 |
| Sharpe Ratio (3 Yr) As of 06/30/2020 |
06/30/2020 | 0.62 |
| Standard Deviation (3 Yr) As of 06/30/2020 |
06/30/2020 | 7.50% |
Underlying Fund Managers or Sub-Advisors
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 2020, for example, the target allocation for the Schwab Target 2020 Index Fund will be approximately 40% equity, 56% fixed income, and 4% cash and cash investments (including money market funds). The fund will continue to increase its allocation to fixed income until the year 2040. In 2040, 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
-
SWYLX
Cumulative Returns (%)
- 1 Month
- +2.58
- 3 Month
- +6.40
- YTD
- +3.71
Annualized Returns (%)
- 1 Year
- +8.74
- 3 Year
- +6.78
- 5 Year
- --
- 10 Year
- --
- Inception
- +7.11
-
Target 2020 Passive Composite Index (Index)
Cumulative Returns (%)
- 1 Month
- +1.38
- 3 Month
- +9.14
- YTD
- +0.83
Annualized Returns (%)
- 1 Year
- +6.07
- 3 Year
- +6.38
- 5 Year
- --
- 10 Year
- --
-
Dow Jones U.S. Total Stock Market Index (Index)
Cumulative Returns (%)
- 1 Month
- +2.30
- 3 Month
- +22.09
- YTD
- -3.50
Annualized Returns (%)
- 1 Year
- +6.41
- 3 Year
- +9.97
- 5 Year
- +9.97
- 10 Year
- +13.68
-
Bloomberg Barclays US Aggregate Bond Index (Index)
Cumulative Returns (%)
- 1 Month
- +0.63
- 3 Month
- +2.90
- YTD
- +6.14
Annualized Returns (%)
- 1 Year
- +8.74
- 3 Year
- +5.32
- 5 Year
- +4.30
- 10 Year
- +3.82
-
Target-Date 2020 (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +3.04
- 3 Month
- +7.55
- YTD
- +2.21
Annualized Returns (%)
- 1 Year
- +6.92
- 3 Year
- +5.80
- 5 Year
- +5.50
- 10 Year
- +6.94
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWYLX | +2.58 | +6.40 | +3.71 | +8.74 | +6.78 | -- | -- | +7.11 | |
| Target 2020 Passive Composite Index (Index) | +1.38 | +9.14 | +0.83 | +6.07 | +6.38 | -- | -- | ||
| Dow Jones U.S. Total Stock Market Index (Index) | +2.30 | +22.09 | -3.50 | +6.41 | +9.97 | +9.97 | +13.68 | ||
| Bloomberg Barclays US Aggregate Bond Index (Index) | +0.63 | +2.90 | +6.14 | +8.74 | +5.32 | +4.30 | +3.82 | ||
| Target-Date 2020 (Morningstar Category) | +3.04 | +7.55 | +2.21 | +6.92 | +5.80 | +5.50 | +6.94 | ||
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
-
SWYLX
Average Annual Returns (%)
- 1 Year
- +6.37
- 3 Year
- +6.34
- 5 Year
- --
- 10 Year
- --
- Inception
- +6.57
-
Target 2020 Passive Composite Index (Index)
Average Annual Returns (%)
- 1 Year
- +6.07
- 3 Year
- +6.38
- 5 Year
- --
- 10 Year
- --
-
Dow Jones U.S. Total Stock Market Index (Index)
Average Annual Returns (%)
- 1 Year
- +6.41
- 3 Year
- +9.97
- 5 Year
- +9.97
- 10 Year
- +13.68
-
Bloomberg Barclays US Aggregate Bond Index (Index)
Average Annual Returns (%)
- 1 Year
- +8.74
- 3 Year
- +5.32
- 5 Year
- +4.30
- 10 Year
- +3.82
-
Target-Date 2020 (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- +4.07
- 3 Year
- +5.26
- 5 Year
- +5.03
- 10 Year
- +7.14
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWYLX | +6.37 | +6.34 | -- | -- | +6.57 | |
| Target 2020 Passive Composite Index (Index) | +6.07 | +6.38 | -- | -- | ||
| Dow Jones U.S. Total Stock Market Index (Index) | +6.41 | +9.97 | +9.97 | +13.68 | ||
| Bloomberg Barclays US Aggregate Bond Index (Index) | +8.74 | +5.32 | +4.30 | +3.82 | ||
| Target-Date 2020 (Morningstar Category) | +4.07 | +5.26 | +5.03 | +7.14 | ||
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
SWYLX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +5.63
- 3 Year
- +5.69
- 5 Year
- --
- 10 Year
- --
- Inception
- +6.00
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +3.92
- 3 Year
- +4.68
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.91
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.84
- 3 Year
- +0.67
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.60
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +5.63 | +5.69 | -- | -- | +6.00 | |
| SEC Post-Liquidation | +3.92 | +4.68 | -- | -- | +4.91 | |
| Tax Cost Ratio | +0.84 | +0.67 | -- | -- | +0.60 | |
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 2020 NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +1.99
- 3 Year
- +3.45
- 5 Year
- +3.43
- 10 Year
- +5.71
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +2.64
- 3 Year
- +3.50
- 5 Year
- +3.40
- 10 Year
- +5.26
-
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 | +1.99 | +3.45 | +3.43 | +5.71 | ||
| SEC Post-Liquidation | +2.64 | +3.50 | +3.40 | +5.26 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Post-Liquidation
SWYLX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +5.63
- 3 Year
- +5.69
- 5 Year
- --
- 10 Year
- --
- Inception
- +6.00
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +3.92
- 3 Year
- +4.68
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.91
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.84
- 3 Year
- +0.67
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.60
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +5.63 | +5.69 | -- | -- | +6.00 | |
| SEC Post-Liquidation | +3.92 | +4.68 | -- | -- | +4.91 | |
| Tax Cost Ratio | +0.84 | +0.67 | -- | -- | +0.60 | |
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 2020 NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +1.99
- 3 Year
- +3.45
- 5 Year
- +3.43
- 10 Year
- +5.71
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +2.64
- 3 Year
- +3.50
- 5 Year
- +3.40
- 10 Year
- +5.26
-
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 | +1.99 | +3.45 | +3.43 | +5.71 | ||
| SEC Post-Liquidation | +2.64 | +3.50 | +3.40 | +5.26 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Rank within Category
Morningstar Category - Target-Date 2020
-
TOP 25%
- 2020 YTD
Yearly Performance
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
-
- 2020 YTD
Yearly Performance
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
-
- 2020 YTD
Yearly Performance
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
-
BOTTOM 25%
- 2020 YTD
Yearly Performance
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
| Rank | 2020 YTD | Yearly Performance | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||
| TOP 25% | |||||||||||
| BOTTOM 25% | |||||||||||
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
| SWYLX (Fund) | $13,128 | |
|---|---|---|
| Target 2020 Passive Composite Index (Index) | $13,139 | |
| Dow Jones U.S. Total Stock Market Index (Index) | $15,975 | |
| Bloomberg Barclays US Aggregate Bond Index (Index) | $11,759 | |
| Target-Date 2020 (Morningstar Category) | $12,707 | |
| Worst Three Months Return (12/31/2019 - 3/31/2020) | -7.92 | |
| Best Three Months Return (3/31/2020 - 6/30/2020) | +9.79 |
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
-
SCHZ
- Name
- SCHWAB U.S. AGGREGATE BOND ETF SCHWAB US AGGREGATE BOND ETF
- Percent of Assets (%)
- 41.83%
- Market Value
- $85.9M
-
SCHX
- Name
- SCHWAB US LARGE CAP ETF SCHWAB US LARGE CAP ETF
- Percent of Assets (%)
- 25.14%
- Market Value
- $51.6M
-
SCHF
- Name
- SCHWAB INTERNATIONAL EQUITY ET SCHWAB INTL EQUITY ETF
- Percent of Assets (%)
- 11.37%
- Market Value
- $23.4M
-
SCHO
- Name
- SCHWAB SHORT TERM U.S. TREASUR SCHWAB SHORT TERM US TREAS
- Percent of Assets (%)
- 7.84%
- Market Value
- $16.1M
-
SCHP
- Name
- SCHWAB US TIPS ETF SCHWAB U.S. TIPS ETF
- Percent of Assets (%)
- 5.97%
- Market Value
- $12.3M
-
SVUXX
- Name
- SCHWAB VARIABLE SHARE PRICE MO SCHWAB VARIABLE SHARE PR ULT
- Percent of Assets (%)
- 2.57%
- Market Value
- $5.3M
-
SCHH
- Name
- SCHWAB US REIT ETF SCHWAB US REIT ETF
- Percent of Assets (%)
- 2.00%
- Market Value
- $4.1M
-
SCHA
- Name
- SCHWAB US SMALL CAP ETF SCHWAB US SMALL CAP ETF
- Percent of Assets (%)
- 1.69%
- Market Value
- $3.5M
-
--
- Name
- TIME DEPOSITS
- Percent of Assets (%)
- 1.59%
- Market Value
- $3.3M
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| SCHZ | SCHWAB U.S. AGGREGATE BOND ETF SCHWAB US AGGREGATE BOND ETF | 41.83%
|
$85.9M | ||
| SCHX | SCHWAB US LARGE CAP ETF SCHWAB US LARGE CAP ETF | 25.14%
|
$51.6M | ||
| SCHF | SCHWAB INTERNATIONAL EQUITY ET SCHWAB INTL EQUITY ETF | 11.37%
|
$23.4M | ||
| SCHO | SCHWAB SHORT TERM U.S. TREASUR SCHWAB SHORT TERM US TREAS | 7.84%
|
$16.1M | ||
| SCHP | SCHWAB US TIPS ETF SCHWAB U.S. TIPS ETF | 5.97%
|
$12.3M | ||
| SVUXX | SCHWAB VARIABLE SHARE PRICE MO SCHWAB VARIABLE SHARE PR ULT | 2.57%
|
$5.3M | ||
| SCHH | SCHWAB US REIT ETF SCHWAB US REIT ETF | 2.00%
|
$4.1M | ||
| SCHA | SCHWAB US SMALL CAP ETF SCHWAB US SMALL CAP ETF | 1.69%
|
$3.5M | ||
| -- | TIME DEPOSITS | 1.59%
|
$3.3M |
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Bonds | 55.63%
|
|
| Stocks | 40.20%
|
|
| Cash Investments | 4.17%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Distributions
Distributions
-
Ex-Date: 12/30/2019
- Record Date
- 12/27/2019
- Payable Date
- 12/30/2019
- Income
- 0.2466
- Short Term Capital Gain
- 0.0028
- Long Term Capital Gain
- 0.0018
- Return of Capital
- --
- Total Distribution
- 0.251200000
-
Ex-Date: 12/28/2018
- Record Date
- 12/27/2018
- Payable Date
- 12/28/2018
- Income
- 0.2338
- Short Term Capital Gain
- 0.0042
- Long Term Capital Gain
- 0.0004
- Return of Capital
- --
- Total Distribution
- 0.238400000
-
Ex-Date: 12/28/2017
- Record Date
- 12/27/2017
- Payable Date
- 12/28/2017
- Income
- 0.1326
- Short Term Capital Gain
- 0.0006
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.133200000
-
Ex-Date: 12/29/2016
- Record Date
- 12/28/2016
- Payable Date
- 12/29/2016
- Income
- 0.0668
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.066800000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 12/30/2019 | 12/27/2019 | 12/30/2019 | 0.2466 | 0.0028 | 0.0018 | -- | 0.251200000 | ||
| 12/28/2018 | 12/27/2018 | 12/28/2018 | 0.2338 | 0.0042 | 0.0004 | -- | 0.238400000 | ||
| 12/28/2017 | 12/27/2017 | 12/28/2017 | 0.1326 | 0.0006 | -- | -- | 0.133200000 | ||
| 12/29/2016 | 12/28/2016 | 12/29/2016 | 0.0668 | -- | -- | -- | 0.066800000 |
Documents
SWYLX Prospectus and Other Regulatory Documents
Schwab Target 2020 Index Fund
