Mutual Fund Research
Mutual Fund Quotes & Research Tools

Schwab 1000 Index® Fund SNXFX

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.
$66.41-0.08 (-0.12%)0.05%2.83%
Quote data as of close 07/20/2018As of 06/30/2018

Fund Performance

Growth of $10,000 Investment        
SNXFX
Fund
Index
Category
316407SNXFX
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains and/or distributions.
If the inception date of the Fund is less than the time period shown above, the Since Inception period is shown.

Fund Strategy

The investment seeks to match the total return of the Schwab 1000 Index-®. The fund generally invests at least 80% of its net assets (including- for this purpose- any borrowings for investment purposes) in these stocks; typically- the actual percentage is considerably higher. It generally will seek to replicate the performance of the index by giving 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.

Details
52 Week Range$58.69 - $67.20
YTD Return
YTD Return is adjusted for possible sales charges, and assumes reinvestment of dividends and capital gains.
6.07%
as of 07/20/2018
Gross Expense Ratio0.05%
Net Expense Ratio0.05%
Tax-Equivalent Yield--
30-Day SEC Yield--
Distribution Yield TTM
Distribution Yield is the Trailing 12-Month End Yield - Morningstar computes this figure by summing the trailing 12-month's income distributions and dividing the sum by the last month's ending Net Asset Value (NAV), plus capital gains distributed over the same time period. Income refers only to interest payments from fixed-income securities and dividend payments from common stocks.

Calculated at month end:
Income

(NAV + Capital Gains)

x 100%

1.66%
Most Recent Distributiontrue
AvailabilityOpen
Manager Tenure2013
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.
Minimum Investment
Minimum Initial
Investment
$1.00 ($1.00 for retirement and custodial accounts)
Fund Profile
Inception Date04/02/1991Total Assets$8.0B
Total Holdings994Portfolio Turnover5%
Fund CompanySchwab FundsIndex FundYes
Leveraged Fund
Leveraged Fund

Leveraged Mutual Funds typically use derivatives to attempt to multiply the returns of the underlying index each day or month. These funds trade much differently than other mutual funds. They have the propensity to be more volatile and are inherently riskier than their non-leveraged counterparts. It is important to remember that these funds are generally designed for short-term use only, and are generally not intended to be buy-and-hold positions, because their returns over longer periods generally do not match the mutual fund’s multiple of the underlying index over those periods. These funds are not appropriate for most investors.

NoInverse Fund
Inverse Fund

Inverse mutual funds typically use derivatives to attempt to move in the opposite direction of the underlying index by a certain multiple each day or month. They generally have either a negative number like –1x or –2x or a term like “short” or “inverse” in their names. These funds trade much differently than other mutual funds. They have the propensity to be more volatile and are inherently riskier than their non-inverse counterparts. It is important to remember that these funds are designed for short-term use only, and are not intended to be buy-and-hold positions, because their returns over longer periods generally do not match the mutual fund’s negative multiple of the underlying index over longer periods. These funds are not appropriate for most investors.

No
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.
Portfolio Weightings as of 06/30/2018
Investment objective
The Fund's goal is to match the total return of the Schwab 1000 Index®.
Fund highlights
  • A convenient, low-cost way to gain exposure to U.S. large- and mid-cap stocks
  • Can serve as part of the foundation of a diversified portfolio
  • Low investment minimums and no loads
Ratings Summary
Morningstar Style Box - Stocks
Large
MidMarket Cap
Small
ValueBlendGrowth
Investment Style
Style Box is calculated only using the long position holdings of the portfolio.
Morningstar Rating™ Rating as of 06/30/2018
Overall Rating
Out of 1166 Funds
Rating: 4Star
3-Year Rating
Out of 1166 Funds
Rating: 4Star
5-Year Rating
Out of 1042 Funds
Rating: 4Star
10-Year Rating
Out of 776 Funds
Rating: 4Star
Historic Return
Above Average
Historic Risk
Average

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weighted average of the fund's 3-, 5- and 10-year (Morningstar Rating) metrics.

 
New to Schwab?
  or call 866-855-9102
Already a Schwab Client?
Login    
  to view our full client offering

Schwab's Financial and Other Relationships with Mutual Funds

Investors should consider carefully information contained in the prospectus or, if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can view, download, and print a prospectus by clicking on Prospectus & Reports or by calling 1-800-435-4000. 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. 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.

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Morningstar Ratings do not take into account sales loads that may apply to certain third party funds.

Leveraged mutual funds seek to provide a multiple of the investment returns of a given index or benchmark on a daily or monthly basis. Inverse mutual funds seek to provide the opposite of the investment returns, also daily or monthly, of a given index or benchmark, either in whole or by multiples. Due to the effects of compounding, aggressive techniques, and possible correlation errors, leveraged and inverse funds may experience greater losses than one would ordinarily expect. Compounding can also cause a widening differential between the performances of a fund and its underlying index or benchmark, so that returns over periods longer than the stated reset period can differ in amount and direction from the target return of the same period. Consequently, these funds may experience losses even in situations where the underlying index or benchmark has performed as hoped. Aggressive investment techniques such as futures, forward contracts, swap agreements, derivatives, options, can increase fund volatility and decrease performance. Investors holding these funds should therefore monitor their positions as frequently as daily. To find out more about trading these funds, please read: Leveraged and Inverse Products: What you need to know

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.

Charles Schwab Investment Management, Inc. (CSIM) is the investment advisor for Schwab Funds and Laudus Funds. Charles Schwab & Co., Inc. (Schwab) is the distributor for Schwab Funds and Laudus Funds. CSIM and Schwab are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

Individual holdings are shown for informational purposes only and are not considered an offer to sell or a solicitation of an offer to buy a specific security.

(0911-5805, 1211-8321, 1212-8205, 0614-4207, 0215-0861, 0315-2007, 0917-7498, 0618-84HV)