Schwab Target Payout (SWJRX)
| Fund Assets | 47.42M |
| Expense Ratio | 0.21% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.64% |
| Dividend Growth | 2.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 10.96 |
| YTD Return | 5.85% |
| 1-Year Return | 14.91% |
| 5-Year Return | 20.26% |
| 52-Week Low | 9.97 |
| 52-Week High | 11.23 |
| Beta (5Y) | 0.50 |
| Holdings | 11 |
| Inception Date | Mar 28, 2008 |
About SWJRX
Schwab Monthly Income Fund – Target Payout is a multi-asset mutual fund designed to deliver a steady stream of current income, while also aiming for capital appreciation as a secondary objective. The fund pursues a targeted annual payout of approximately 5% during most market environments, making it particularly suitable for those seeking regular, predictable monthly distributions. Its portfolio maintains a balanced allocation of roughly 50% equity and 50% fixed income, combining exposure to dividend-oriented stocks, high-yield and aggregate bond instruments, global real estate, preferred securities, and money market funds. Investments are made through a blend of Schwab and Laudus mutual funds and ETFs, diversifying across asset classes and sectors. Managed with input from Schwab Asset Management, Cohen & Steers, and T. Rowe Price, the fund emphasizes low costs and broad diversification. With no minimum investment required, it serves a role as an accessible, income-focused solution for a wide range of income-oriented investors in the global allocation category.
Performance
SWJRX had a total return of 14.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMRFX | Fidelity | Fidelity Managed Retirement 2030 Fund - Class K6 | 0.28% |
| FMRBX | Fidelity | Fidelity Advisor Managed Retirement 2030 Fund - Class A | 0.73% |
| FMRDX | Fidelity | Fidelity Advisor Managed Retirement 2030 Fund - Class I | 0.48% |
| FMRAX | Fidelity | Fidelity Managed Retirement 2030 FundSM | 0.48% |
| FMREX | Fidelity | Fidelity Managed Retirement 2030 Fund - Class K | 0.38% |
Top 10 Holdings
98.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Schwab US Dividend Equity ETF | SCHD | 20.04% |
| Schwab International Dividend Equity ETF | SCHY | 19.70% |
| Schwab U.S. Aggregate Bond Index Fund | SWAGX | 17.14% |
| Schwab High Yield Bond ETF | SCYB | 11.13% |
| Cohen & Steers Preferred Securities and Income Fund, Inc. Class I | CPXIX | 7.02% |
| Schwab Long-Term U.S. Treasury ETF | SCHQ | 6.90% |
| Schwab Global Real Estate Fund™ | SWASX | 6.67% |
| T. Rowe Price Institutional Floating Rate Fund | RPIFX | 6.11% |
| Schwab 5-10 Year Corporate Bond ETF | SCHI | 2.97% |
| Schwab Government Money Market Fund | SGUXX | 1.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.0451 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0433 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0433 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0433 | Jan 30, 2026 |
| Dec 30, 2025 | $0.0427 | Dec 30, 2025 |
| Nov 28, 2025 | $0.0427 | Nov 28, 2025 |