Schwab Income Payout (SWLRX)
| Fund Assets | 61.09M |
| Expense Ratio | 0.21% |
| Min. Investment | $0.00 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.76% |
| Dividend Growth | 12.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.54 |
| YTD Return | 6.08% |
| 1-Year Return | 5.64% |
| 5-Year Return | 9.36% |
| 52-Week Low | 8.96 |
| 52-Week High | 9.69 |
| Beta (5Y) | 0.37 |
| Holdings | 12 |
| Inception Date | Mar 28, 2008 |
About SWLRX
Schwab Monthly Income Fund – Income Payout is a diversified mutual fund aiming to provide regular monthly income to investors, with a secondary focus on capital appreciation. The fund utilizes a balanced allocation approach, investing primarily in a mix of bonds, stocks, and cash equivalents, with recent allocations being approximately 70% in bonds, 28% in equities, and a small portion in cash. Its strategy features a managed payout policy, tailored to respond to various interest rate environments, which targets an annual payout between 0–3% in low-rate scenarios and higher payouts as market rates rise. The fund draws from a broad universe of income-generating investments through both active and passively managed underlying funds, offering investors broad exposure to U.S. and international fixed income and equity markets. This design supports consistent monthly distributions while striving to moderate risk through diversification. The fund is part of Schwab’s suite of managed payout solutions and is particularly positioned for investors seeking steady cash flows, benefiting from professional management and cost efficiency within a single portfolio.
Performance
SWLRX had a total return of 5.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.25%.
Top 10 Holdings
97.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Schwab U.S. Aggregate Bond Index Fund | SWAGX | 25.72% |
| Schwab US Dividend Equity ETF | SCHD | 12.57% |
| Schwab International Dividend Equity ETF | SCHY | 11.25% |
| Schwab High Yield Bond ETF | SCYB | 9.21% |
| Schwab 5-10 Year Corporate Bond ETF | SCHI | 8.99% |
| Schwab 1-5 Year Corporate Bond ETF | SCHJ | 7.92% |
| Cohen & Steers Preferred Securities and Income Fund, Inc. Class I | CPXIX | 7.12% |
| Schwab Long-Term U.S. Treasury ETF | SCHQ | 5.81% |
| T. Rowe Price Instl Floating Rate | RPIFX | 5.08% |
| Schwab Global Real Estate Fund™ | SWASX | 4.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0379 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0379 | Jun 30, 2025 |
| May 30, 2025 | $0.0379 | May 30, 2025 |
| Apr 30, 2025 | $0.0365 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0365 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0365 | Feb 28, 2025 |