About SWYNX
Schwab Target 2060 Index Fund Institutional Shares is a target-date mutual fund specifically designed for investors planning to retire around the year 2060. As a passively managed fund, it primarily seeks to provide long-term capital appreciation and income through a diversified portfolio, strategically allocated to match the needs of investors with a long investment horizon. The fund invests predominantly in affiliated Schwab exchange-traded funds (ETFs), which are designed to track broad market indices, ensuring wide exposure to global equity and fixed income markets.
The asset allocation is heavily weighted towards equities, with approximately 95% of the portfolio in stocks and a smaller portion in bonds and cash equivalents. Its largest holdings include Schwab US Large-Cap ETF, Schwab International Equity ETF, and Schwab Emerging Markets Equity ETF, resulting in broad diversification across U.S. and international markets. The fund regularly rebalances its asset mix, gradually increasing fixed income and reducing equity exposure as the 2060 target date approaches, aligning with a lifecycle investment approach.
Schwab Target 2060 Index Fund Institutional Shares is notable for its low expense ratio and transparent structure, making it a compelling choice for institutional and long-term retirement-focused investors seeking an efficient, cost-effective investment solution.
Fund Family Schwab
Category Target-Date 2060+
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol SWYNX
Index Dow Jones US Total Stock Market TR
SWYNX had a total return of 20.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.84%.
