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Schwab Balanced Fund™ SWOBX

Schwab Mutual Fund
OneSource Select List®
NAVChangeNet Expense RatioYTD Return
YTD Return is adjusted for possible sales charges, and assumes reinvestment of dividends and capital gains.
$15.59+0.11 (0.71%)0.50%8.69%
Quote data as of close 06/18/2019As of 05/31/2019

Fund Performance

Growth of a hypothetical $10,000 Investment        
SWOBX
Fund
Index
Category
304855SWOBX
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 capital growth and income. The fund generally invests in a diversified group of other affiliated Schwab and/or Laudus Funds. It invests 55-65% of its assets in equity securities (including stocks and equity funds) and 35-45% in fixed income securities (including bonds and fixed income funds), and cash and cash equivalents (including money market funds). For temporary defensive purposes during unusual economic or market conditions or for liquidity purposes, the fund may invest up to 100% of its assets directly in cash, money market instruments, repurchase agreements and other short-term obligations.

Details
52 Week Range$13.65 - $16.46
YTD Return
YTD Return is adjusted for possible sales charges, and assumes reinvestment of dividends and capital gains.
12.89%
as of 06/18/2019
Gross Expense Ratio0.54%
Net Expense Ratio0.50%
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%

2.36%
Most Recent Distribution$0.9822
AvailabilityOpen
Manager Tenure2012
A net expense ratio lower than the gross expense ratio may reflect a limit 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 Date11/18/1996Total Assets$482.6M
Total Holdings6Portfolio Turnover6%
Fund CompanySchwab FundsIndex FundNo
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: Allocation--50% to 70% Equity
Moderate-allocation funds seek to provide both capital appreciation and income by investing in three major areas: stocks, bonds, and cash. These funds tend to hold larger positions in stocks than conservative-allocation funds. These funds typically have 50% to 70% of assets in equities and the remainder in fixed income and cash.
Zifan Tang
Since 02/28/2012
Patrick Kwok
Since 02/28/2019
Portfolio Weightings as of 05/31/2019
Schwab Fund Highlights
  • Seeks both capital growth and income
  • Offers a diversified asset allocation to U.S. equity, fixed income and cash and cash equivalents
  • Seeks to provide growth opportunities of equity investing with the income opportunity of fixed income securities
  • No-load
You may want to consider this fund if...
  • Offers the benefits of more diversification than investing in an individual stock or bond
  • Professionally managed fund
  • Low expenses and minimums
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 Style Box - Bonds
High
MidCredit Quality
Low
LtdModExt
Interest-Rate Sensitivity
Style Box is calculated only using the long position holdings of the portfolio.
Morningstar Rating™ Rating as of 05/31/2019
Overall Rating
Out of 688 Funds
Rating: 4Star
3-Year Rating
Out of 688 Funds
Rating: 4Star
5-Year Rating
Out of 603 Funds
Rating: 4Star
10-Year Rating
Out of 441 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.

 
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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.

Diversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.

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.

Charles Schwab & Co., Inc. (member SIPC) receives remuneration from fund companies in the Mutual Fund OneSource® program for recordkeeping and shareholder services, and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds (see fund prospectuses for more details) are greater than the remuneration received from the other funds available through Schwab's Mutual Fund OneSource service.

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.." The Overall Morningstar Ratings are derived from a weighted average of the risk adjusted performance figures associated with a Fund's 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics.

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

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

The investment adviser and its affiliates have agreed to limit the total annual fund operating expenses (excluding interest, taxes and certain non-routine expenses) of the fund as detailed in the prospectus 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 agreement to limit the total annual fund operating expenses is limited to the fund's direct operating expenses and, therefore, does not apply to AFFE (Acquired Fund Fees and Expenses), which are indirect expenses incurred by the fund through its investments in the underlying funds.

Charles Schwab Investment Management, Inc. (CSIM) is the investment advisor for Schwab Funds and Laudus Funds. Charles Schwab & Co., Inc. (Schwab), Member SIPC, 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.

Charles Schwab Investment Management, Inc. ("CSIM"), the investment adviser for Schwab's proprietary funds, and Charles Schwab & Co., Inc. ("Schwab"), the distributor for Schwab Funds, are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

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