Schwab Core Equity Fund
Summary
Objective
The fund seeks long-term capital growth.
Highlights
- An actively managed fund that can serve as part of the foundation of an investor's portfolio
- A convenient way to gain exposure to the broad U.S. equities market
- Seeks to deliver consistent, risk-adjusted excess return through a disciplined investment process that uses Schwab Equity Ratings® as one of several inputs
- A high-conviction, fundamentally-driven approach within the domestic large cap equity universe
Fund Details
Fund Profile
| Fund Inception | 07/01/1996 | |
|---|---|---|
| Total Net Assets As of 12/08/2023
|
12/08/2023 | $1,283,870,871.37 |
| Index Name | S&P 500® Index | |
| Shares Outstanding As of 12/08/2023
|
12/08/2023 | 64,102,059 |
| NAV As of 12/08/2023
|
12/08/2023 | $20.03 |
| Total Holdings As of 09/30/2023
|
09/30/2023 | 53 |
| Portfolio Turnover Rate As of 10/31/2023
|
10/31/2023 | 14.34% |
| Morningstar Category | Large Blend | |
| Management Style | Active |
Fees & Minimum
| Gross Expense Ratio † | 0.730% | |
|---|---|---|
| Net Expense Ratio † | 0.730% |
Fund Characteristics
| Weighted Average Market Capitalization As of 10/31/2023
|
10/31/2023 | $774.27B |
|---|---|---|
| Price to Earnings Ratio As of 10/31/2023
|
10/31/2023 | 23.41 |
| Price to Book Ratio As of 10/31/2023
|
10/31/2023 | 4.69 |
| Price to Cash Flow As of 10/31/2023
|
10/31/2023 | 15.56 |
| Return on Equity As of 10/31/2023
|
10/31/2023 | 25.60% |
| Alpha (3 Yr) As of 10/31/2023
|
10/31/2023 | -0.25 |
| Beta vs. Benchmark (3 Yr) As of 10/31/2023
|
10/31/2023 | 0.92 |
| R Squared (3 Yr) As of 10/31/2023
|
10/31/2023 | 96.84 |
| Sharpe Ratio (3 Yr) As of 10/31/2023
|
10/31/2023 | 0.44 |
| Standard Deviation (3 Yr) As of 10/31/2023
|
10/31/2023 | 16.57% |
Performance
Total Return
Monthly
-
SWANX
Cumulative Returns (%)
- 1 Month
- +7.64
- 3 Month
- +1.59
- YTD
- +17.93
Annualized Returns (%)
- 1 Year
- +11.90
- 3 Year
- +8.76
- 5 Year
- +10.14
- 10 Year
- +9.82
- Inception
- +8.73
-
S&P 500® Index (Index)
Cumulative Returns (%)
- 1 Month
- +9.13
- 3 Month
- +1.74
- YTD
- +20.80
Annualized Returns (%)
- 1 Year
- +13.84
- 3 Year
- +9.76
- 5 Year
- +12.51
- 10 Year
- +11.82
-
Large Blend (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +8.59
- 3 Month
- +1.29
- YTD
- +16.55
Annualized Returns (%)
- 1 Year
- +10.43
- 3 Year
- +8.45
- 5 Year
- +11.04
- 10 Year
- +10.30
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWANX | +7.64 | +1.59 | +17.93 | +11.90 | +8.76 | +10.14 | +9.82 | +8.73 | |
| S&P 500® Index (Index) | +9.13 | +1.74 | +20.80 | +13.84 | +9.76 | +12.51 | +11.82 | ||
| Large Blend (Morningstar Category) | +8.59 | +1.29 | +16.55 | +10.43 | +8.45 | +11.04 | +10.30 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Quarterly
-
SWANX
Average Annual Returns (%)
- 1 Year
- +18.48
- 3 Year
- +8.51
- 5 Year
- +7.42
- 10 Year
- +10.01
- Inception
- +8.54
-
S&P 500® Index (Index)
Average Annual Returns (%)
- 1 Year
- +21.62
- 3 Year
- +10.15
- 5 Year
- +9.92
- 10 Year
- +11.91
-
Large Blend (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWANX | +18.48 | +8.51 | +7.42 | +10.01 | +8.54 | |
| S&P 500® Index (Index) | +21.62 | +10.15 | +9.92 | +11.91 | ||
| Large Blend (Morningstar Category) | -- | -- | -- | -- | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
After Tax Returns
Pre-Liquidation
SWANX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.59
- 3 Year
- +4.43
- 5 Year
- +4.16
- 10 Year
- +6.95
- Inception
- +6.95
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +13.37
- 3 Year
- +6.07
- 5 Year
- +5.27
- 10 Year
- +7.34
- Inception
- +6.87
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +3.28
- 3 Year
- +3.86
- 5 Year
- +3.15
- 10 Year
- +2.91
- Inception
- +1.56
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +14.59 | +4.43 | +4.16 | +6.95 | +6.95 | |
| SEC Post-Liquidation | +13.37 | +6.07 | +5.27 | +7.34 | +6.87 | |
| Tax Cost Ratio | +3.28 | +3.86 | +3.15 | +2.91 | +1.56 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Large Blend NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +17.23
- 3 Year
- +7.53
- 5 Year
- +6.78
- 10 Year
- +8.60
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +11.65
- 3 Year
- +6.84
- 5 Year
- +6.28
- 10 Year
- +7.94
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.25
- 3 Year
- +1.51
- 5 Year
- +1.60
- 10 Year
- +1.60
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +17.23 | +7.53 | +6.78 | +8.60 | ||
| SEC Post-Liquidation | +11.65 | +6.84 | +6.28 | +7.94 | ||
| Tax Cost Ratio | +1.25 | +1.51 | +1.60 | +1.60 | ||
Post-Liquidation
SWANX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.59
- 3 Year
- +4.43
- 5 Year
- +4.16
- 10 Year
- +6.95
- Inception
- +6.95
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +13.37
- 3 Year
- +6.07
- 5 Year
- +5.27
- 10 Year
- +7.34
- Inception
- +6.87
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +3.28
- 3 Year
- +3.86
- 5 Year
- +3.15
- 10 Year
- +2.91
- Inception
- +1.56
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +14.59 | +4.43 | +4.16 | +6.95 | +6.95 | |
| SEC Post-Liquidation | +13.37 | +6.07 | +5.27 | +7.34 | +6.87 | |
| Tax Cost Ratio | +3.28 | +3.86 | +3.15 | +2.91 | +1.56 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Large Blend NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +17.23
- 3 Year
- +7.53
- 5 Year
- +6.78
- 10 Year
- +8.60
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +11.65
- 3 Year
- +6.84
- 5 Year
- +6.28
- 10 Year
- +7.94
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.25
- 3 Year
- +1.51
- 5 Year
- +1.60
- 10 Year
- +1.60
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +17.23 | +7.53 | +6.78 | +8.60 | ||
| SEC Post-Liquidation | +11.65 | +6.84 | +6.28 | +7.94 | ||
| Tax Cost Ratio | +1.25 | +1.51 | +1.60 | +1.60 | ||
Cumulative Growth of a $10,000 Investment
| SWANX (Fund) | $24,903 | |
|---|---|---|
| S&P 500® Index (Index) | $29,796 | |
| Large Blend (Morningstar Category) | $24,357 | |
| Worst Three Months Return (12/31/2019 - 3/31/2020) | -21.37 | |
| Best Three Months Return (3/31/2020 - 6/30/2020) | +20.88 |
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, if applicable, or the effects of taxes on any capital gains and/or distributions. If the inception date of the Index is less than the time period shown above, the Since Inception period is shown. Best and Worst Return cover the timeframe of the chart.
Price Performance
Portfolio
Top Holdings
-
MSFT
- Name
- MICROSOFT CORP
- Percent of Assets (%)
- 8.48%
- Market Value
- $103.8M
-
AAPL
- Name
- APPLE INC
- Percent of Assets (%)
- 7.85%
- Market Value
- $96.1M
-
GOOGL
- Name
- ALPHABET INC CLASS A
- Percent of Assets (%)
- 6.94%
- Market Value
- $85.0M
-
AMZN
- Name
- AMAZON COM INC
- Percent of Assets (%)
- 4.09%
- Market Value
- $50.1M
-
AVGO
- Name
- BROADCOM INC
- Percent of Assets (%)
- 3.76%
- Market Value
- $46.0M
-
XOM
- Name
- EXXON MOBIL CORP
- Percent of Assets (%)
- 3.63%
- Market Value
- $44.4M
-
META
- Name
- META PLATFORMS INC CLASS A
- Percent of Assets (%)
- 2.81%
- Market Value
- $34.4M
-
JNJ
- Name
- JOHNSON & JOHNSON
- Percent of Assets (%)
- 2.75%
- Market Value
- $33.6M
-
BRK/B
- Name
- BERKSHIRE HATHAWAY INC CLASS B
- Percent of Assets (%)
- 2.61%
- Market Value
- $31.9M
-
EOG
- Name
- EOG RESOURCES INC
- Percent of Assets (%)
- 2.56%
- Market Value
- $31.3M
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| MSFT | MICROSOFT CORP | 8.48%
|
$103.8M | ||
| AAPL | APPLE INC | 7.85%
|
$96.1M | ||
| GOOGL | ALPHABET INC CLASS A | 6.94%
|
$85.0M | ||
| AMZN | AMAZON COM INC | 4.09%
|
$50.1M | ||
| AVGO | BROADCOM INC | 3.76%
|
$46.0M | ||
| XOM | EXXON MOBIL CORP | 3.63%
|
$44.4M | ||
| META | META PLATFORMS INC CLASS A | 2.81%
|
$34.4M | ||
| JNJ | JOHNSON & JOHNSON | 2.75%
|
$33.6M | ||
| BRK/B | BERKSHIRE HATHAWAY INC CLASS B | 2.61%
|
$31.9M | ||
| EOG | EOG RESOURCES INC | 2.56%
|
$31.3M |
Sectors
| Sector | Percent of Portfolio (%) | |
|---|---|---|
| Information Technology | 24.00%
|
|
| Health Care | 17.59%
|
|
| Financials | 11.99%
|
|
| Consumer Staples | 10.38%
|
|
| Consumer Discretionary | 10.20%
|
|
| Communication Services | 9.78%
|
|
| Industrials | 6.62%
|
|
| Energy | 6.20%
|
|
| Utilities | 1.51%
|
|
| Real Estate | 1.00%
|
|
| Materials | 0.71%
|
Allocations are subject to change.
Market Cap
| Market Cap | Percent of Portfolio (%) | |
|---|---|---|
| > $70,000 M | 81.51%
|
|
| $15,000-$70,000 M | 15.86%
|
|
| $3,000-$15,000 M | 2.63%
|
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Stocks | 99.75%
|
|
| Cash Investments | 0.25%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Distributions
Distributions
-
Ex-Date: 12/14/2022
- Record Date
- 12/13/2022
- Payable Date
- 12/14/2022
- Income
- 0.2672
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 2.5199
- Return of Capital
- --
- Total Distribution
- 2.787100000
-
Ex-Date: 12/16/2021
- Record Date
- 12/15/2021
- Payable Date
- 12/16/2021
- Income
- 0.2628
- Short Term Capital Gain
- 2.7714
- Long Term Capital Gain
- 3.8250
- Return of Capital
- --
- Total Distribution
- 6.859200000
-
Ex-Date: 12/16/2020
- Record Date
- 12/15/2020
- Payable Date
- 12/16/2020
- Income
- 0.1985
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.9305
- Return of Capital
- --
- Total Distribution
- 1.129000000
-
Ex-Date: 12/18/2019
- Record Date
- 12/17/2019
- Payable Date
- 12/18/2019
- Income
- 0.2019
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.4490
- Return of Capital
- --
- Total Distribution
- 0.650900000
-
Ex-Date: 12/14/2018
- Record Date
- 12/13/2018
- Payable Date
- 12/14/2018
- Income
- 0.2713
- Short Term Capital Gain
- 0.2581
- Long Term Capital Gain
- 2.2051
- Return of Capital
- --
- Total Distribution
- 2.734500000
-
Ex-Date: 12/08/2017
- Record Date
- 12/07/2017
- Payable Date
- 12/08/2017
- Income
- 0.3443
- Short Term Capital Gain
- 0.7665
- Long Term Capital Gain
- 1.5222
- Return of Capital
- --
- Total Distribution
- 2.633000000
-
Ex-Date: 12/12/2016
- Record Date
- 12/09/2016
- Payable Date
- 12/12/2016
- Income
- 0.3398
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.339800000
-
Ex-Date: 12/10/2015
- Record Date
- 12/09/2015
- Payable Date
- 12/10/2015
- Income
- 0.3647
- Short Term Capital Gain
- 0.5322
- Long Term Capital Gain
- 2.4150
- Return of Capital
- --
- Total Distribution
- 3.311900000
-
Ex-Date: 12/09/2014
- Record Date
- 12/08/2014
- Payable Date
- 12/09/2014
- Income
- 0.3344
- Short Term Capital Gain
- 0.4761
- Long Term Capital Gain
- 2.9226
- Return of Capital
- --
- Total Distribution
- 3.733100000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 12/14/2022 | 12/13/2022 | 12/14/2022 | 0.2672 | 0.0000 | 2.5199 | -- | 2.787100000 | ||
| 12/16/2021 | 12/15/2021 | 12/16/2021 | 0.2628 | 2.7714 | 3.8250 | -- | 6.859200000 | ||
| 12/16/2020 | 12/15/2020 | 12/16/2020 | 0.1985 | 0.0000 | 0.9305 | -- | 1.129000000 | ||
| 12/18/2019 | 12/17/2019 | 12/18/2019 | 0.2019 | -- | 0.4490 | -- | 0.650900000 | ||
| 12/14/2018 | 12/13/2018 | 12/14/2018 | 0.2713 | 0.2581 | 2.2051 | -- | 2.734500000 | ||
| 12/08/2017 | 12/07/2017 | 12/08/2017 | 0.3443 | 0.7665 | 1.5222 | -- | 2.633000000 | ||
| 12/12/2016 | 12/09/2016 | 12/12/2016 | 0.3398 | -- | -- | -- | 0.339800000 | ||
| 12/10/2015 | 12/09/2015 | 12/10/2015 | 0.3647 | 0.5322 | 2.4150 | -- | 3.311900000 | ||
| 12/09/2014 | 12/08/2014 | 12/09/2014 | 0.3344 | 0.4761 | 2.9226 | -- | 3.733100000 |
Documents
SWANX Prospectus and Other Regulatory Documents
Schwab Core Equity Fund
Investment professionals
Brian Hillburn, CFA
