Schwab Target 2040 Fund (SWERX)

Fund Assets	1.30B
Expense Ratio	0.491%
Min. Investment	$0.00
Turnover	10.00%
Dividend (ttm)	0.42
Dividend Yield	1.97%
Dividend Growth	7.30%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	21.51
YTD Return	9.08%
1-Year Return	12.21%
5-Year Return	44.46%
52-Week Low	19.01
52-Week High	22.00
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.

• Fund Family: Schwab
• Category: Target-Date 2040
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: SWERX
• Index: Dow Jones US Total Stock Market TR

Performance

SWERX had a total return of 12.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.18%.

Top 10 Holdings

76.51% of assets

Name	Symbol	Weight
Schwab S&P 500 Index Fund	SWPPX	19.84%
Schwab International Opportunities Fund	SWMIX	11.34%
Schwab International Core Equity Fund	SICNX	8.63%
Schwab U.S. Aggregate Bond Index Fund	SWAGX	7.92%
Schwab Large Cap Growth Opportunities Fund	LGILX	7.50%
Dodge & Cox Stock Fund Class I	DODGX	5.36%
Schwab Fundamental U.S. Large Company Index Fund	SFLNX	4.80%
Schwab Global Real Estate Fund™	SWASX	3.92%
Schwab Small-Cap Equity Fund™	SWSCX	3.87%
PIMCO International Bond (USD-Hdg) Instl	PFORX	3.32%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$1.4171	Dec 30, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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