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Schwab Total Stock Market Index FundĀ® SWTSX

Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
NAVChangeNet Expense RatioYTD Return
YTD Return is adjusted for possible sales charges, and assumes reinvestment of dividends and capital gains.
$36.18-0.23 (-0.63%)0.09%9.15%
Quote data as of close 09/23/2014As of 08/31/2014

Fund Details

Fund Strategy

The investment seeks to track the total return of the entire U.S. stock market, as measured by The Dow Jones U.S. Total Stock Market IndexSM. The fund generally invests at least 80% of its net assets in stocks that are included in the index. It generally gives the same weight to a given stock as the index does. The fund may invest in derivatives, principally futures contracts, and lend its securities to minimize the gap in performance that naturally exists between any index fund and its corresponding index. It may concentrate its investments in an industry or group of industries to the extent that its comparative index is also so concentrated.

Status

AvailabilityOpen

Minimum Investment

InitialSubsequent
Basic$100$1
IRA$100$1
Custodial$100$1
as of 08/31/2014
Fund Profile
Inception Date06/01/1999Total Assets$3.9B
Total Holdings2412Portfolio Turnover2%
Fund CompanySchwab FundsIndex FundYes
Morningstar Category: Large Blend
Large-blend funds have portfolios that are fairly representative of the overall stock market in size, growth rates, and price. They tend to invest across the spectrum of U.S. industries and owing to their broad exposure, the funds' returns are often similar to those of the S&P 500 Index.
Management
Agnes Hong
Since 2012
Ferian Juwono
Since 2013
Schwab Fees 
Transaction FeeNoShort-term Redemption FeeNo
Trading Details

Frequent Trader Policy 

For any restrictions on frequent trading activity in this fund, please see the fund prospectus.

Order Cut-Off Time 

4:00 PM EST - You must place your orders by this time to receive today's closing price.

The fund reserves the right to change or modify these restrictions, or to apply its own frequent trading policy, at any time. Please see the fund prospectus for more information.

Investment Goal
Seeks to track the total return of the Dow Jones Wilshire 5000 Composite Index, which includes all U.S. publicly traded companies with readily available pricing data.

Schwab and the investment adviser have agreed to limit the fund's "net operating expenses" as stated in the prospectus for each fund, for so long as the investment adviser serves as the adviser to the fund. This agreement may only be amended or terminated with the approval of the fund's Board of Trustees. The limitation excludes interest, taxes, expenses for dividends and interest paid on securities sold short, and certain non-routine expenses, which may result in a fund incurring net operating expenses above the limitation.
Fund Fees & Expenses
Annual Operating Expenses 
Gross Expense Ratio
(before waivers/reductions)
0.10%
Net Expense Ratio
(after waivers/reductions)
0.09%
Category Average1.16%
Fund Company Fees 
Max. Front Load--
Max. Back Load--
12-b-1 Fee--
Fund's Contingent
Redemption Fee
2.00% on shares sold within 30 days of purchase.

A net expense ratio lower than the gross expense ratio may reflect a cap on or contractual waiver of fund expenses. Please read the fund prospectus for details on limits or expiration dates for any such waivers.

Schwab Fund Highlights
  • Offers a high level of diversification by providing exposure to large-, mid-, and small-cap securities. Diversification does not protect against market loss.
  • No-load
You may want to consider this fund if...
  • You seek a Fund for large-cap and small-cap domestic equity asset allocation
  • For investors wanting broad market coverage and a high level of diversification across all three segments of the U.S. stock market.
Historically, small cap stocks have been more volatile than the stock of larger, more-established companies.
 
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Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Past performance does not guarantee future performance. Investment value will fluctuate, and shares, when redeemed, may be worth more or less than original cost. If an expense waiver was in place during the period, the net expense ratio was used to calculate fund performance.

Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource® service (and certain other funds with no transaction fee) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds®, which may charge a separate redemption fee, and funds that accommodate short-term trading. For each of these trade orders placed through a broker, a $25 service charge applies. Funds are also subject to management fees and expenses.

Trades in no-load mutual funds available through Mutual Funds OneSource service (including SchwabFunds) as well as certain other funds, are available without transaction fees when placed through schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. Funds are also subject to management fees and expenses.

Charles Schwab & Co., Inc., member of SIPC, receives remuneration from fund companies for record keeping, shareholder services, and other administrative services for shares purchased through its Mutual Fund OneSource service. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales changes, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is a weighted average of the funds' three-, five-, and 10-year (if applicable) Morningstar rating metrics.

The Laudus Group® of Funds includes the Laudus Mondrian Funds and Laudus U.S. Large Cap Growth Fund, which are part of the Laudus Trust and Laudus Institutional Trust and distributed by ALPS Distributors, Inc.; and the Laudus MarketMasters Funds®, which are part of the Schwab Capitial Trust and distributed by Charles Schwab & Co., Inc. ALPS Distributors, Inc. and Charles Schwab Investment Management, Inc. are unaffiliated entities.

Except as noted below, all data provided by Morningstar, Inc. All rights reserved. The information contained herein is the proprietary information of Morningstar, Inc., and may not be copied or redistributed for any purpose and may only be used for noncommercial, personal purposes. The information contained herein is not represented or warranted to be accurate, correct, complete, or timely. Morningstar, Inc., shall not be responsible for investment decisions, damages, or other losses resulting from use of the information. Morningstar, Inc., has not granted consent for it to be considered or deemed an "expert" under the Securities Act of 1933. Charles Schwab Investment Management, Inc. and Charles Schwab & Co., Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

Market data for Daily Fund (NAVs) and charts provided by Markit on Demand.

The Laudus Group® of Funds includes the Laudus Mondrian Funds and Laudus U.S. Large Cap Growth Fund, which are part of the Laudus Trust and Laudus Institutional Trust and distributed by ALPS Distributors, Inc., and the Laudus MarketMasters Funds®, which are part of the Schwab Capital Trust and distributed by Charles Schwab & Co., Inc. ALPS Distributors, Inc. and Charles Schwab & Co., Inc. are unaffiliated entities. Fund investment adviser: Charles Schwab Investment Management, Inc. (CSIM). Distributor: Charles Schwab & Co., Inc. (Schwab). CSIM and Schwab are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating in the Mutual Fund OneSource Service.

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