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    Schwab Monthly Income Max Payout (SWLRX)

    10.15 Down 0.05(0.49%) Jun 24

    Profile as of May 30, 2016Get Profile for:
    Schwab Monthly Income Max Payout
    Schwab Capital Trust101 Montgomery StSan Francisco, CA 94104
    Phone: 800-435-4000
    Fund Overview 
    Category:Allocation--15% to 30% Equity
    Fund Family:Schwab Funds
    Net Assets:50.03M
    Year-to-Date Return:2.68%
    Morningstar Rating:3 stars
    Fund Inception Date:Mar 28, 2008
    Morningstar Style Box 
    Allocation--15% to 30% Equity
    [View Category Definition]
    View Top Allocation--15% to 30% Equity Funds
    About the Morningstar Style Box
    Management Information 
    Zifan Tang
    Lead Manager since Feb 29, 2012
    Zifan Tang, Ph.D., CFA, Managing Director and Head of Asset Allocation Strategies, leads the portfolio management team, and has overall responsibility for all aspects of the management of the funds. She has managed the funds since inception. Prior to joining Charles Schwab Investment Management, Inc. in 2012, Ms. Tang was a product manager at Thomson Reuters and from 1997 to 2009 worked as a portfolio manager at Barclays Global Investors, which was subsequently acquired by BlackRock.
    Investment Information 
    Min Initial Investment:100
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    SWLRX can be purchased from 47 brokerages.

    Fund Summary 
    The investment seeks to provide current income and, as a secondary investment objective, capital appreciation. The fund invests primarily in a combination of Schwab Funds® and Laudus Funds (the underlying funds) in accordance with its target asset allocation. It has the flexibility to move within the following asset allocation ranges (under normal market conditions) at the discretion of the investment adviser: 0%-25% equity; 60%-100% fixed income; and 0%-15% cash and cash equivalents. The fund is designed to offer investors a targeted annual payout of 5-6%.

    Fund Operations 
    Last Dividend (Jun 14, 2016) : 0.02
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jun 22, 2016) : 14.00%
    Average for Category:42.29%
    Fees & Expenses 
    ExpenseSWLRXCategory Avg
    Annual Report Expense Ratio (net):0.00%0.71%
    Prospectus Net Expense Ratio:0.47%N/A
    Prospectus Gross Expense Ratio:0.70%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.66%
    Max Deferred Sales Load: N/A2.13%
    3 Yr Expense Projection*:151517
    5 Yr Expense Projection*:263832
    10 Yr Expense Projection*:5911,698
    * Per $10,000 invested