Schwab Target 2060 (SWPRX)
| Fund Assets | 112.64M |
| Expense Ratio | 0.58% |
| Min. Investment | $0.00 |
| Turnover | 2.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 2.68% |
| Dividend Growth | 4.40% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 18.06 |
| YTD Return | 16.18% |
| 1-Year Return | 17.00% |
| 5-Year Return | 71.37% |
| 52-Week Low | 13.78 |
| 52-Week High | 18.06 |
| Beta (5Y) | 0.94 |
| Holdings | 20 |
| Inception Date | Aug 25, 2016 |
About SWPRX
The Schwab Target 2060 Fund is a target-date mutual fund designed to align with the long-term retirement goals of individuals expecting to retire around the year 2060. Its core purpose is to provide a professionally managed, diversified investment solution that gradually evolves its asset allocation—starting with a focus on growth-oriented assets like equities and shifting toward more conservative holdings such as bonds and cash as the target date approaches. The fund primarily invests in a blend of affiliated Schwab mutual funds, offering exposure to domestic and international equities, real estate, and fixed income securities. This all-in-one fund structure seeks to balance risk and return based on a long-term investment timeline, handling periodic portfolio rebalancing automatically for investors. The Schwab Target 2060 Fund serves a significant role in the retirement planning market, catering to investors seeking a hands-off, age-based investment strategy that adjusts its risk profile over time to address both wealth accumulation and, ultimately, capital preservation needs as retirement nears.
Performance
SWPRX had a total return of 17.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.50%.
Top 10 Holdings
87.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Schwab S&P 500 Index | SWPPX | 19.84% |
| Schwab International Opportunities | SWMIX | 13.87% |
| Schwab International Core Equity | SICNX | 10.33% |
| Schwab Select Large Cap Growth Fund | LGILX | 10.20% |
| Dodge & Cox Stock Fund | DODGX | 6.36% |
| Schwab Fundamental US Large Company Idx | SFLNX | 5.96% |
| Goldman Sachs Em Mkts Eq Insghts Intl | GERIX | 5.64% |
| Schwab Small-Cap Equity | SWSCX | 5.56% |
| Schwab Global Real Estate | SWASX | 5.25% |
| Schwab Core Equity | SWANX | 4.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.482 | Dec 30, 2024 |
| Dec 28, 2023 | $0.4617 | Dec 28, 2023 |
| Dec 29, 2022 | $0.7259 | Dec 29, 2022 |
| Dec 30, 2021 | $0.7365 | Dec 30, 2021 |
| Dec 30, 2020 | $0.2505 | Dec 30, 2020 |
| Dec 30, 2019 | $0.529 | Dec 30, 2019 |