Schwab Health Care Fund
Summary
Objective
The fund seeks long-term capital growth.
Highlights
- An actively managed fund that offers convenient access to the health care sector
- Provides exposure to a range of health care companies, such as pharmaceutical and biotechnology companies and medical product manufacturers and suppliers
- Seeks to deliver consistent, risk-adjusted excess return through a disciplined investment process that uses Schwab Equity Ratings® and Schwab Equity Ratings International® as part of several inputs*
- An experienced portfolio management team evaluates securities on three components: fundamentals, valuation, and sentiment
Fund Details
Fund Profile
| Fund Inception | 07/03/2000 | |
|---|---|---|
| Total Net Assets As of 09/28/2023
|
09/28/2023 | $770,506,409.90 |
| Index Name | Dow Jones Global Health Care Index | |
| Shares Outstanding As of 09/28/2023
|
09/28/2023 | 30,883,349 |
| NAV As of 09/28/2023
|
09/28/2023 | $24.95 |
| Total Holdings As of 06/30/2023
|
06/30/2023 | 87 |
| Portfolio Turnover Rate As of 08/31/2023
|
08/31/2023 | 55.55% |
| Morningstar Category | Health | |
| Management Style | Active |
Yields
| SEC Yield (30 Day) As of 09/28/2023
|
09/28/2023 | -- |
|---|---|---|
| Distribution Yield (TTM) As of 08/31/2023
|
08/31/2023 | 0.76% |
Fees & Minimum
| Gross Expense Ratio † | 0.800% | |
|---|---|---|
| Net Expense Ratio † | 0.800% |
Fund Characteristics
| Weighted Average Market Capitalization As of 06/30/2023
|
06/30/2023 | $173.79B |
|---|---|---|
| Price to Earnings Ratio As of 06/30/2023
|
06/30/2023 | 22.61 |
| Price to Book Ratio As of 06/30/2023
|
06/30/2023 | 4.41 |
| Price to Cash Flow As of 06/30/2023
|
06/30/2023 | 14.94 |
| Return on Equity As of 06/30/2023
|
06/30/2023 | 26.17% |
| Alpha (3 Yr) As of 08/31/2023
|
08/31/2023 | 1.51 |
| Beta vs. Benchmark (3 Yr) As of 08/31/2023
|
08/31/2023 | 1.04 |
| R Squared (3 Yr) As of 08/31/2023
|
08/31/2023 | 95.07 |
| Sharpe Ratio (3 Yr) As of 08/31/2023
|
08/31/2023 | 0.30 |
| Standard Deviation (3 Yr) As of 08/31/2023
|
08/31/2023 | 15.17% |
Performance
Total Return
Monthly
-
SWHFX
Cumulative Returns (%)
- 1 Month
- -0.23
- 3 Month
- +4.16
- YTD
- -2.30
Annualized Returns (%)
- 1 Year
- +7.25
- 3 Year
- +6.25
- 5 Year
- +7.03
- 10 Year
- +10.60
- Inception
- +9.14
-
Dow Jones Global Health Care Index (Index)
Cumulative Returns (%)
- 1 Month
- -1.04
- 3 Month
- +3.43
- YTD
- +1.10
Annualized Returns (%)
- 1 Year
- +8.81
- 3 Year
- +4.59
- 5 Year
- +7.01
- 10 Year
- +9.96
-
Health (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- -3.37
- 3 Month
- +0.90
- YTD
- -0.36
Annualized Returns (%)
- 1 Year
- +2.59
- 3 Year
- +0.77
- 5 Year
- +4.09
- 10 Year
- +10.07
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWHFX | -0.23 | +4.16 | -2.30 | +7.25 | +6.25 | +7.03 | +10.60 | +9.14 | |
| Dow Jones Global Health Care Index (Index) | -1.04 | +3.43 | +1.10 | +8.81 | +4.59 | +7.01 | +9.96 | ||
| Health (Morningstar Category) | -3.37 | +0.90 | -0.36 | +2.59 | +0.77 | +4.09 | +10.07 | ||
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
-
SWHFX
Average Annual Returns (%)
- 1 Year
- +2.43
- 3 Year
- +8.17
- 5 Year
- +8.93
- 10 Year
- +10.88
- Inception
- +9.16
-
Dow Jones Global Health Care Index (Index)
Average Annual Returns (%)
- 1 Year
- +5.56
- 3 Year
- +6.73
- 5 Year
- +8.87
- 10 Year
- +10.22
-
Health (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 | ||
| SWHFX | +2.43 | +8.17 | +8.93 | +10.88 | +9.16 | |
| Dow Jones Global Health Care Index (Index) | +5.56 | +6.73 | +8.87 | +10.22 | ||
| Health (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
SWHFX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +1.48
- 3 Year
- +5.86
- 5 Year
- +6.84
- 10 Year
- +8.42
- Inception
- +7.94
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +2.20
- 3 Year
- +6.21
- 5 Year
- +6.82
- 10 Year
- +8.23
- Inception
- +7.60
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.05
- 3 Year
- +2.26
- 5 Year
- +2.05
- 10 Year
- +2.36
- Inception
- +1.22
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +1.48 | +5.86 | +6.84 | +8.42 | +7.94 | |
| SEC Post-Liquidation | +2.20 | +6.21 | +6.82 | +8.23 | +7.60 | |
| Tax Cost Ratio | +1.05 | +2.26 | +2.05 | +2.36 | +1.22 | |
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).
Health NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +6.75
- 3 Year
- +1.94
- 5 Year
- +5.17
- 10 Year
- +9.34
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +4.49
- 3 Year
- +2.34
- 5 Year
- +4.82
- 10 Year
- +8.52
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.46
- 3 Year
- +1.13
- 5 Year
- +1.10
- 10 Year
- +1.35
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +6.75 | +1.94 | +5.17 | +9.34 | ||
| SEC Post-Liquidation | +4.49 | +2.34 | +4.82 | +8.52 | ||
| Tax Cost Ratio | +0.46 | +1.13 | +1.10 | +1.35 | ||
Post-Liquidation
SWHFX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +1.48
- 3 Year
- +5.86
- 5 Year
- +6.84
- 10 Year
- +8.42
- Inception
- +7.94
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +2.20
- 3 Year
- +6.21
- 5 Year
- +6.82
- 10 Year
- +8.23
- Inception
- +7.60
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.05
- 3 Year
- +2.26
- 5 Year
- +2.05
- 10 Year
- +2.36
- Inception
- +1.22
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +1.48 | +5.86 | +6.84 | +8.42 | +7.94 | |
| SEC Post-Liquidation | +2.20 | +6.21 | +6.82 | +8.23 | +7.60 | |
| Tax Cost Ratio | +1.05 | +2.26 | +2.05 | +2.36 | +1.22 | |
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).
Health NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +6.75
- 3 Year
- +1.94
- 5 Year
- +5.17
- 10 Year
- +9.34
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +4.49
- 3 Year
- +2.34
- 5 Year
- +4.82
- 10 Year
- +8.52
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.46
- 3 Year
- +1.13
- 5 Year
- +1.10
- 10 Year
- +1.35
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +6.75 | +1.94 | +5.17 | +9.34 | ||
| SEC Post-Liquidation | +4.49 | +2.34 | +4.82 | +8.52 | ||
| Tax Cost Ratio | +0.46 | +1.13 | +1.10 | +1.35 | ||
Cumulative Growth of a $10,000 Investment
| SWHFX (Fund) | $26,365 | |
|---|---|---|
| Dow Jones Global Health Care Index (Index) | $26,228 | |
| Health (Morningstar Category) | $23,907 | |
| Worst Three Months Return (12/31/2019 - 3/31/2020) | -12.09 | |
| Best Three Months Return (3/31/2020 - 6/30/2020) | +15.30 |
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
-
UNH
- Name
- UNITEDHEALTH GROUP INC
- Percent of Assets (%)
- 5.77%
- Market Value
- $46.1M
-
MRK
- Name
- MERCK & CO INC
- Percent of Assets (%)
- 5.28%
- Market Value
- $42.2M
-
LLY
- Name
- ELI LILLY
- Percent of Assets (%)
- 4.96%
- Market Value
- $39.6M
-
JNJ
- Name
- JOHNSON & JOHNSON
- Percent of Assets (%)
- 4.93%
- Market Value
- $39.4M
-
NOVO B
- Name
- NOVO NORDISK CLASS B
- Percent of Assets (%)
- 3.79%
- Market Value
- $30.3M
-
ABT
- Name
- ABBOTT LABORATORIES
- Percent of Assets (%)
- 3.33%
- Market Value
- $26.6M
-
AMGN
- Name
- AMGEN INC
- Percent of Assets (%)
- 3.22%
- Market Value
- $25.8M
-
ROG
- Name
- ROCHE HOLDING PAR AG
- Percent of Assets (%)
- 2.97%
- Market Value
- $23.7M
-
VRTX
- Name
- VERTEX PHARMACEUTICALS INC
- Percent of Assets (%)
- 2.92%
- Market Value
- $23.3M
-
GILD
- Name
- GILEAD SCIENCES INC
- Percent of Assets (%)
- 2.82%
- Market Value
- $22.5M
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| UNH | UNITEDHEALTH GROUP INC | 5.77%
|
$46.1M | ||
| MRK | MERCK & CO INC | 5.28%
|
$42.2M | ||
| LLY | ELI LILLY | 4.96%
|
$39.6M | ||
| JNJ | JOHNSON & JOHNSON | 4.93%
|
$39.4M | ||
| NOVO B | NOVO NORDISK CLASS B | 3.79%
|
$30.3M | ||
| ABT | ABBOTT LABORATORIES | 3.33%
|
$26.6M | ||
| AMGN | AMGEN INC | 3.22%
|
$25.8M | ||
| ROG | ROCHE HOLDING PAR AG | 2.97%
|
$23.7M | ||
| VRTX | VERTEX PHARMACEUTICALS INC | 2.92%
|
$23.3M | ||
| GILD | GILEAD SCIENCES INC | 2.82%
|
$22.5M |
Sectors
| Sector | Percent of Portfolio (%) | |
|---|---|---|
| Health Care | 100.00%
|
Allocations are subject to change.
Market Cap
| Market Cap | Percent of Portfolio (%) | |
|---|---|---|
| > $70,000 M | 71.27%
|
|
| $15,000-$70,000 M | 17.32%
|
|
| $3,000-$15,000 M | 8.59%
|
|
| $1,000-$3,000 M | 2.73%
|
|
| <$1,000 M | 0.09%
|
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Stocks | 100.00%
|
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
- 0.1949
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.8976
- Return of Capital
- --
- Total Distribution
- 1.092500000
-
Ex-Date: 12/16/2021
- Record Date
- 12/15/2021
- Payable Date
- 12/16/2021
- Income
- 0.2262
- Short Term Capital Gain
- 0.7570
- Long Term Capital Gain
- 2.5861
- Return of Capital
- --
- Total Distribution
- 3.569300000
-
Ex-Date: 12/16/2020
- Record Date
- 12/15/2020
- Payable Date
- 12/16/2020
- Income
- 0.2274
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 2.7633
- Return of Capital
- --
- Total Distribution
- 2.990700000
-
Ex-Date: 12/18/2019
- Record Date
- 12/17/2019
- Payable Date
- 12/18/2019
- Income
- 0.2854
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.8903
- Return of Capital
- --
- Total Distribution
- 1.175700000
-
Ex-Date: 12/14/2018
- Record Date
- 12/13/2018
- Payable Date
- 12/14/2018
- Income
- 0.2350
- Short Term Capital Gain
- 0.1892
- Long Term Capital Gain
- 1.8745
- Return of Capital
- --
- Total Distribution
- 2.298700000
-
Ex-Date: 12/08/2017
- Record Date
- 12/07/2017
- Payable Date
- 12/08/2017
- Income
- 0.2362
- Short Term Capital Gain
- 0.2131
- Long Term Capital Gain
- 1.3234
- Return of Capital
- --
- Total Distribution
- 1.772700000
-
Ex-Date: 12/12/2016
- Record Date
- 12/09/2016
- Payable Date
- 12/12/2016
- Income
- 0.2046
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.3650
- Return of Capital
- --
- Total Distribution
- 0.569600000
-
Ex-Date: 12/10/2015
- Record Date
- 12/09/2015
- Payable Date
- 12/10/2015
- Income
- 0.1619
- Short Term Capital Gain
- 1.3314
- Long Term Capital Gain
- 2.2937
- Return of Capital
- --
- Total Distribution
- 3.787000000
-
Ex-Date: 12/09/2014
- Record Date
- 12/08/2014
- Payable Date
- 12/09/2014
- Income
- 0.2137
- Short Term Capital Gain
- 1.3075
- Long Term Capital Gain
- 1.9112
- Return of Capital
- --
- Total Distribution
- 3.432400000
-
Ex-Date: 12/05/2013
- Record Date
- 12/04/2013
- Payable Date
- 12/05/2013
- Income
- 0.1860
- Short Term Capital Gain
- 0.4429
- Long Term Capital Gain
- 1.8154
- Return of Capital
- --
- Total Distribution
- 2.444300000
| 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 | 0.1949 | 0.0000 | 0.8976 | -- | 1.092500000 | ||
| 12/16/2021 | 12/15/2021 | 12/16/2021 | 0.2262 | 0.7570 | 2.5861 | -- | 3.569300000 | ||
| 12/16/2020 | 12/15/2020 | 12/16/2020 | 0.2274 | 0.0000 | 2.7633 | -- | 2.990700000 | ||
| 12/18/2019 | 12/17/2019 | 12/18/2019 | 0.2854 | -- | 0.8903 | -- | 1.175700000 | ||
| 12/14/2018 | 12/13/2018 | 12/14/2018 | 0.2350 | 0.1892 | 1.8745 | -- | 2.298700000 | ||
| 12/08/2017 | 12/07/2017 | 12/08/2017 | 0.2362 | 0.2131 | 1.3234 | -- | 1.772700000 | ||
| 12/12/2016 | 12/09/2016 | 12/12/2016 | 0.2046 | -- | 0.3650 | -- | 0.569600000 | ||
| 12/10/2015 | 12/09/2015 | 12/10/2015 | 0.1619 | 1.3314 | 2.2937 | -- | 3.787000000 | ||
| 12/09/2014 | 12/08/2014 | 12/09/2014 | 0.2137 | 1.3075 | 1.9112 | -- | 3.432400000 | ||
| 12/05/2013 | 12/04/2013 | 12/05/2013 | 0.1860 | 0.4429 | 1.8154 | -- | 2.444300000 |
Documents
SWHFX Prospectus and Other Regulatory Documents
Schwab Health Care Fund
Investment professionals
