Schwab® Monthly Income Fund - Flexible Payout^

Type: Mutual Funds Symbol: SWKRX Net Expense Ratio: 0.250%



The fund seeks to provide current income and, as a secondary investment objective, capital appreciation.


  • Designed to provide a targeted annual payout of 4-6% during most market environments* 
  • Distinct asset allocation strategy seeks to provide monthly income generated from interest and dividends of the underlying funds, return of capital, and capital gains*
  • May include Return of Capital, which is a distribution from the shareholder’s investment principal, to help reach the annual payout rate
  • Low cost so your investment goes further

Schwab Asset Management is pleased to announce enhancements to the Schwab Monthly Income Funds. These enhancements include changes to the Funds’ names and investment strategies. Learn more

Fund Details