Schwab Target 2040 (SWERX)
| Fund Assets | 1.28B |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 4.39% |
| Dividend Growth | 40.22% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 20.47 |
| YTD Return | 14.04% |
| 1-Year Return | 15.67% |
| 5-Year Return | 60.63% |
| 52-Week Low | 16.33 |
| 52-Week High | 20.47 |
| Beta (5Y) | 0.84 |
| Holdings | 22 |
| Inception Date | Jul 1, 2005 |
About SWERX
The Schwab Target 2040 Fund is a diversified mutual fund designed for investors planning to begin withdrawals around the year 2040, typically targeting individuals preparing for retirement in that timeframe. Its primary function is to provide a balanced and professionally managed investment solution that automatically adjusts its asset allocation over time, gradually shifting from a growth-oriented portfolio dominated by equities to a more conservative mix with increasing exposure to fixed income and cash as the target date approaches. The fund invests across a wide array of asset classes, with significant holdings in both U.S. and international stocks, complemented by bonds, real estate, and other sectors, aiming for broad diversification and risk management. Managed actively, the fund leverages the resources and research capabilities of Charles Schwab, drawing from both affiliated and external underlying funds. With assets exceeding $1.2 billion, the Schwab Target 2040 Fund plays a notable role in the retirement planning segment, offering investors a hands-off, lifecycle investment approach that adapts to their changing needs over time.
Performance
SWERX had a total return of 15.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.00%.
Top 10 Holdings
77.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Schwab S&P 500 Index | SWPPX | 19.81% |
| Schwab International Opportunities | SWMIX | 11.41% |
| Schwab International Core Equity | SICNX | 8.37% |
| Schwab Select Large Cap Growth Fund | LGILX | 7.99% |
| Schwab US Aggregate Bond Index | SWAGX | 7.17% |
| Dodge & Cox Stock Fund | DODGX | 5.30% |
| Schwab Fundamental US Large Company Idx | SFLNX | 4.63% |
| Schwab Global Real Estate | SWASX | 4.63% |
| Schwab Core Equity | SWANX | 4.01% |
| Schwab Small-Cap Equity | SWSCX | 3.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.8967 | Dec 30, 2024 |
| Dec 28, 2023 | $0.6395 | Dec 28, 2023 |
| Dec 29, 2022 | $1.2114 | Dec 29, 2022 |
| Dec 30, 2021 | $1.3498 | Dec 30, 2021 |
| Dec 30, 2020 | $0.5968 | Dec 30, 2020 |
| Dec 30, 2019 | $1.2462 | Dec 30, 2019 |