About SWMRX
Schwab Target 2045 Fund is a diversified target-date mutual fund designed for investors planning to retire around the year 2045. Its primary function is to provide capital appreciation and income through a dynamic asset allocation strategy that evolves over time. The fund predominantly invests in a mix of other affiliated Schwab Funds, offering exposure to U.S. and international equities, as well as fixed income and alternative assets. The portfolio’s composition is guided by a preset glide path, which gradually shifts from a higher equity concentration towards more conservative holdings as the target date approaches, balancing growth potential with risk management.
At present, the fund’s investments are spread across large-cap U.S. equities, international stocks, real estate, and core bond holdings, reflecting a growth-oriented posture appropriate for investors several years from retirement. The top ten holdings, which encompass a significant majority of the asset base, include index funds tracking the S&P 500 and international markets, as well as both actively and passively managed strategies. Schwab Target 2045 Fund plays a crucial role in retirement planning by offering a streamlined, professionally managed solution that adjusts its risk-return profile over time to align with a long-term investment horizon.
Fund Family Schwab
Category Target-Date 2045
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SWMRX
Index Dow Jones US Total Stock Market TR
SWMRX had a total return of 12.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.71%.
