Schwab Income Payout (SWLRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.96

0.00 (0.00%)

At close: Aug 27, 2026

4.29% (1Y)

Fund Assets	63.25M
Expense Ratio	0.18%
Min. Investment	$0.00
Turnover	8.00%
Dividend (ttm)	0.45
Dividend Yield	4.52%
Dividend Growth	-1.06%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.96
YTD Return	6.34%
1-Year Return	9.21%
5-Year Return	14.69%
52-Week Low	9.50
52-Week High	10.05
Beta (5Y)	0.38
Holdings	13
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.

Fund Family Schwab

Category Allocation--15% to 30% Equity

Performance Rating Below Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol SWLRX

Index S&P 500 TR

Performance

SWLRX had a total return of 9.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.61%.

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 K6	0.28%
FMRBX	Fidelity	Fidelity Advisor Managed Retrmt 2030 A	0.73%
FMRDX	Fidelity	Fidelity Advisor Managed Retrmt 2030 I	0.48%
FMRAX	Fidelity	Fidelity Managed Retirement 2030	0.48%
FMREX	Fidelity	Fidelity Managed Retirement 2030 K	0.38%

Top 10 Holdings

98.17% of assets

Name	Symbol	Weight
Schwab U.S. Aggregate Bond Index Fund	SWAGX	25.79%
Schwab US Dividend Equity ETF	SCHD	13.39%
Schwab International Dividend Equity ETF	SCHY	11.35%
Schwab High Yield Bond ETF	SCYB	8.95%
Schwab 5-10 Year Corporate Bond ETF	SCHI	8.85%
Schwab 1-5 Year Corporate Bond ETF	SCHJ	7.97%
Cohen & Steers Preferred Securities and Income Fund, Inc. Class I	CPXIX	7.03%
Schwab Long-Term U.S. Treasury ETF	SCHQ	5.74%
T. Rowe Price Instl Floating Rate	RPIFX	5.00%
Schwab Global Real Estate Fund™	SWASX	4.09%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.0373	Jul 31, 2026
Jun 30, 2026	$0.0373	Jun 30, 2026
May 29, 2026	$0.0373	May 29, 2026
Apr 30, 2026	$0.0385	Apr 30, 2026
Mar 31, 2026	$0.0385	Mar 31, 2026
Feb 27, 2026	$0.0385	Feb 27, 2026

Full Dividend History