Schwab Balanced Fund™
Summary
Objective
The fund seeks capital growth and income.
Highlights
- Seeks both capital growth and income
- Offers a diversified asset allocation to U.S. equity, fixed income and cash and cash equivalents in one mutual fund
- Seeks to provide growth opportunities of equity investing with the income opportunity of fixed income securities
- Offers the benefits of more diversification than investing in an individual stock or bond
Fund Details
Fund Profile
| Fund Inception | 11/18/1996 | |
|---|---|---|
| Total Net Assets As of 09/17/2021
|
09/17/2021 | $787,426,293.10 |
| Index Name | Balanced Blended Index | |
| Shares Outstanding As of 09/17/2021
|
09/17/2021 | 40,342,290 |
| NAV As of 09/17/2021
|
09/17/2021 | $19.52 |
| Total Holdings As of 06/30/2021
|
06/30/2021 | 7 |
| Portfolio Turnover Rate As of 08/31/2021
|
08/31/2021 | 6.02% |
| Morningstar Category | Allocation--50% to 70% Equity | |
| Management Style | Active |
Yields
| SEC Yield (30 Day) As of 09/16/2021
|
09/16/2021 | 0.00% |
|---|---|---|
| Distribution Yield (TTM) As of 08/31/2021
|
08/31/2021 | 0.94% |
Fees & Minimum
| Gross Expense Ratio † | 0.530% | |
|---|---|---|
| Net Expense Ratio † | 0.500% | |
| Minimum Initial Investment | No Minimum | |
| 12b-1 Fee | 0.000% |
Fund Characteristics
| Alpha (3 Yr) As of 08/31/2021
|
08/31/2021 | -0.96 |
|---|---|---|
| Beta vs. Benchmark (3 Yr) As of 08/31/2021
|
08/31/2021 | 1.02 |
| R Squared (3 Yr) As of 08/31/2021
|
08/31/2021 | 98.87 |
| Sharpe Ratio (3 Yr) As of 08/31/2021
|
08/31/2021 | 0.88 |
| Standard Deviation (3 Yr) As of 08/31/2021
|
08/31/2021 | 11.97% |
Underlying Fund Managers or Sub-Advisors¹
- BlackRock Investment Managment, LLC
- Charles Schwab Investment Management, Inc.
- Mellon Capital Management Corp.
- The Boston Company Asset Management, LLC
- Wellington Management Company, LLP
Performance
Total Return
Monthly
Monthly
-
SWOBX
Cumulative Returns (%)
- 1 Month
- +1.70
- 3 Month
- +5.39
- YTD
- +12.35
Annualized Returns (%)
- 1 Year
- +17.84
- 3 Year
- +11.73
- 5 Year
- +11.58
- 10 Year
- +10.24
- Inception
- +7.46
-
Balanced Blended Index (Index)
Cumulative Returns (%)
- 1 Month
- +1.67
- 3 Month
- +4.60
- YTD
- +11.75
Annualized Returns (%)
- 1 Year
- +19.41
- 3 Year
- +12.58
- 5 Year
- +11.83
- 10 Year
- +10.81
-
S&P 500® Index (Index)
Cumulative Returns (%)
- 1 Month
- +3.04
- 3 Month
- +7.95
- YTD
- +21.58
Annualized Returns (%)
- 1 Year
- +31.17
- 3 Year
- +18.07
- 5 Year
- +18.02
- 10 Year
- +16.34
-
Bloomberg US Aggregate Bond Index (Index)
Cumulative Returns (%)
- 1 Month
- -0.19
- 3 Month
- +1.63
- YTD
- -0.69
Annualized Returns (%)
- 1 Year
- -0.08
- 3 Year
- +5.43
- 5 Year
- +3.11
- 10 Year
- +3.18
-
Allocation--50% to 70% Equity (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +1.54
- 3 Month
- +3.42
- YTD
- +12.42
Annualized Returns (%)
- 1 Year
- +23.53
- 3 Year
- +10.69
- 5 Year
- +9.94
- 10 Year
- +8.59
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWOBX | +1.70 | +5.39 | +12.35 | +17.84 | +11.73 | +11.58 | +10.24 | +7.46 | |
| Balanced Blended Index (Index) | +1.67 | +4.60 | +11.75 | +19.41 | +12.58 | +11.83 | +10.81 | ||
| S&P 500® Index (Index) | +3.04 | +7.95 | +21.58 | +31.17 | +18.07 | +18.02 | +16.34 | ||
| Bloomberg US Aggregate Bond Index (Index) | -0.19 | +1.63 | -0.69 | -0.08 | +5.43 | +3.11 | +3.18 | ||
| Allocation--50% to 70% Equity (Morningstar Category) | +1.54 | +3.42 | +12.42 | +23.53 | +10.69 | +9.94 | +8.59 | ||
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
Quarterly
-
SWOBX
Average Annual Returns (%)
- 1 Year
- +23.13
- 3 Year
- +11.91
- 5 Year
- +11.58
- 10 Year
- +9.40
- Inception
- +7.37
-
Balanced Blended Index (Index)
Average Annual Returns (%)
- 1 Year
- +24.88
- 3 Year
- +13.11
- 5 Year
- +11.81
- 10 Year
- +10.13
-
S&P 500® Index (Index)
Average Annual Returns (%)
- 1 Year
- +40.79
- 3 Year
- +18.67
- 5 Year
- +17.65
- 10 Year
- +14.84
-
Bloomberg US Aggregate Bond Index (Index)
Average Annual Returns (%)
- 1 Year
- -0.33
- 3 Year
- +5.34
- 5 Year
- +3.03
- 10 Year
- +3.39
-
Allocation--50% to 70% Equity (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- +27.06
- 3 Year
- +11.00
- 5 Year
- +10.26
- 10 Year
- +8.34
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SWOBX | +23.13 | +11.91 | +11.58 | +9.40 | +7.37 | |
| Balanced Blended Index (Index) | +24.88 | +13.11 | +11.81 | +10.13 | ||
| S&P 500® Index (Index) | +40.79 | +18.67 | +17.65 | +14.84 | ||
| Bloomberg US Aggregate Bond Index (Index) | -0.33 | +5.34 | +3.03 | +3.39 | ||
| Allocation--50% to 70% Equity (Morningstar Category) | +27.06 | +11.00 | +10.26 | +8.34 | ||
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
Pre-Liquidation
SWOBX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +22.11
- 3 Year
- +10.39
- 5 Year
- +9.96
- 10 Year
- +8.07
- Inception
- +5.95
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.04
- 3 Year
- +8.83
- 5 Year
- +8.63
- 10 Year
- +7.16
- Inception
- +5.53
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.84
- 3 Year
- +1.37
- 5 Year
- +1.47
- 10 Year
- +1.24
- Inception
- +1.32
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +22.11 | +10.39 | +9.96 | +8.07 | +5.95 | |
| SEC Post-Liquidation | +14.04 | +8.83 | +8.63 | +7.16 | +5.53 | |
| Tax Cost Ratio | +0.84 | +1.37 | +1.47 | +1.24 | +1.32 | |
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).
Allocation--50% to 70% Equity NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +24.58
- 3 Year
- +9.09
- 5 Year
- +8.55
- 10 Year
- +6.81
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +15.79
- 3 Year
- +7.81
- 5 Year
- +7.46
- 10 Year
- +6.14
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +24.58 | +9.09 | +8.55 | +6.81 | ||
| SEC Post-Liquidation | +15.79 | +7.81 | +7.46 | +6.14 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Post-Liquidation
Post-Liquidation
SWOBX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +22.11
- 3 Year
- +10.39
- 5 Year
- +9.96
- 10 Year
- +8.07
- Inception
- +5.95
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.04
- 3 Year
- +8.83
- 5 Year
- +8.63
- 10 Year
- +7.16
- Inception
- +5.53
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.84
- 3 Year
- +1.37
- 5 Year
- +1.47
- 10 Year
- +1.24
- Inception
- +1.32
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +22.11 | +10.39 | +9.96 | +8.07 | +5.95 | |
| SEC Post-Liquidation | +14.04 | +8.83 | +8.63 | +7.16 | +5.53 | |
| Tax Cost Ratio | +0.84 | +1.37 | +1.47 | +1.24 | +1.32 | |
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).
Allocation--50% to 70% Equity NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +24.58
- 3 Year
- +9.09
- 5 Year
- +8.55
- 10 Year
- +6.81
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +15.79
- 3 Year
- +7.81
- 5 Year
- +7.46
- 10 Year
- +6.14
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +24.58 | +9.09 | +8.55 | +6.81 | ||
| SEC Post-Liquidation | +15.79 | +7.81 | +7.46 | +6.14 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Rank within Category
Morningstar Category - Allocation--50% to 70% Equity
-
TOP 25%
- 2021 YTD
Yearly Performance
- 2020
- 2019
- 2018
- 2017
- +15.52
- 2016
- 2015
- +0.92
- 2014
- +8.85
- 2013
- 2012
-
- 2021 YTD
- +10.47
Yearly Performance
- 2020
- +14.73
- 2019
- +20.15
- 2018
- -4.34
- 2017
- 2016
- 2015
- 2014
- 2013
- +18.33
- 2012
-
- 2021 YTD
Yearly Performance
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- +10.69
-
BOTTOM 25%
- 2021 YTD
Yearly Performance
- 2020
- 2019
- 2018
- 2017
- 2016
- +5.29
- 2015
- 2014
- 2013
- 2012
| Rank | 2021 YTD | Yearly Performance | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||
| TOP 25% | +15.52 | +0.92 | +8.85 | ||||||||
| +10.47 | +14.73 | +20.15 | -4.34 | +18.33 | |||||||
| +10.69 | |||||||||||
| BOTTOM 25% | +5.29 | ||||||||||
Rank within Category compares this fund's total annual return to that of other funds in the same category and its figures are not adjusted for any fees and expenses, loads, sales charges, or taxes. See the Monthly Returns table for load-adjusted performance.
© 2021 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Cumulative Growth of a $10,000 Investment
| SWOBX (Fund) | $27,843 | |
|---|---|---|
| Balanced Blended Index (Index) | $29,900 | |
| S&P 500® Index (Index) | $48,859 | |
| Bloomberg Barclays US Aggregate Bond Index (Index) | $13,572 | |
| Allocation--50% to 70% Equity (Morningstar Category) | $24,458 | |
| Worst Three Months Return (12/31/2019 - 3/31/2020) | -11.60 | |
| Best Three Months Return (3/31/2020 - 6/30/2020) | +14.71 |
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
-
SWAGX
- Name
- U S AGR IDX FD
- Percent of Assets (%)
- 35.55%
- Market Value
- $268.2M
-
SWANX
- Name
- CORE EQUITY FD
- Percent of Assets (%)
- 35.22%
- Market Value
- $265.7M
-
LGILX
- Name
- GRWINV USLC GR
- Percent of Assets (%)
- 15.90%
- Market Value
- $120.0M
-
SWSCX
- Name
- SCP EQUITY SEL
- Percent of Assets (%)
- 10.33%
- Market Value
- $77.9M
-
SVUXX
- Name
- VAR ULTRA SHS
- Percent of Assets (%)
- 1.82%
- Market Value
- $13.7M
-
GVMXX
- Name
- SSC GOVERNMENT MM GVMXX
- Percent of Assets (%)
- 1.11%
- Market Value
- $8.4M
-
USD
- Name
- US DOLLAR
- Percent of Assets (%)
- --
- Market Value
- $-2.3
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| SWAGX | U S AGR IDX FD | 35.55%
|
$268.2M | ||
| SWANX | CORE EQUITY FD | 35.22%
|
$265.7M | ||
| LGILX | GRWINV USLC GR | 15.90%
|
$120.0M | ||
| SWSCX | SCP EQUITY SEL | 10.33%
|
$77.9M | ||
| SVUXX | VAR ULTRA SHS | 1.82%
|
$13.7M | ||
| GVMXX | SSC GOVERNMENT MM GVMXX | 1.11%
|
$8.4M | ||
| USD | US DOLLAR | -- | $-2.3 |
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Stocks | 98.89%
|
|
| Cash Investments | 1.11%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Distributions
Distributions
-
Ex-Date: 12/30/2020
- Record Date
- 12/29/2020
- Payable Date
- 12/30/2020
- Income
- 0.1860
- Short Term Capital Gain
- 0.0197
- Long Term Capital Gain
- 0.3158
- Return of Capital
- --
- Total Distribution
- 0.521500000
-
Ex-Date: 12/30/2019
- Record Date
- 12/27/2019
- Payable Date
- 12/30/2019
- Income
- 0.2239
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.5982
- Return of Capital
- --
- Total Distribution
- 0.822100000
-
Ex-Date: 12/28/2018
- Record Date
- 12/27/2018
- Payable Date
- 12/28/2018
- Income
- 0.3681
- Short Term Capital Gain
- 0.0005
- Long Term Capital Gain
- 0.6136
- Return of Capital
- --
- Total Distribution
- 0.982200000
-
Ex-Date: 12/28/2017
- Record Date
- 12/27/2017
- Payable Date
- 12/28/2017
- Income
- 0.4774
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.0181
- Return of Capital
- --
- Total Distribution
- 0.495500000
-
Ex-Date: 12/29/2016
- Record Date
- 12/28/2016
- Payable Date
- 12/29/2016
- Income
- 0.2173
- Short Term Capital Gain
- 0.0994
- Long Term Capital Gain
- 0.7650
- Return of Capital
- --
- Total Distribution
- 1.081700000
-
Ex-Date: 12/30/2015
- Record Date
- 12/29/2015
- Payable Date
- 12/30/2015
- Income
- 0.3249
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.7595
- Return of Capital
- --
- Total Distribution
- 1.084400000
-
Ex-Date: 12/30/2014
- Record Date
- 12/29/2014
- Payable Date
- 12/30/2014
- Income
- 0.3383
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.4240
- Return of Capital
- --
- Total Distribution
- 0.762300000
-
Ex-Date: 12/27/2013
- Record Date
- 12/26/2013
- Payable Date
- 12/27/2013
- Income
- 0.2070
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.207000000
-
Ex-Date: 12/27/2012
- Record Date
- 12/26/2012
- Payable Date
- 12/27/2012
- Income
- 0.2152
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.215200000
-
Ex-Date: 12/29/2011
- Record Date
- 12/28/2011
- Payable Date
- 12/29/2011
- Income
- 0.1721
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.172100000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 12/30/2020 | 12/29/2020 | 12/30/2020 | 0.1860 | 0.0197 | 0.3158 | -- | 0.521500000 | ||
| 12/30/2019 | 12/27/2019 | 12/30/2019 | 0.2239 | -- | 0.5982 | -- | 0.822100000 | ||
| 12/28/2018 | 12/27/2018 | 12/28/2018 | 0.3681 | 0.0005 | 0.6136 | -- | 0.982200000 | ||
| 12/28/2017 | 12/27/2017 | 12/28/2017 | 0.4774 | -- | 0.0181 | -- | 0.495500000 | ||
| 12/29/2016 | 12/28/2016 | 12/29/2016 | 0.2173 | 0.0994 | 0.7650 | -- | 1.081700000 | ||
| 12/30/2015 | 12/29/2015 | 12/30/2015 | 0.3249 | -- | 0.7595 | -- | 1.084400000 | ||
| 12/30/2014 | 12/29/2014 | 12/30/2014 | 0.3383 | -- | 0.4240 | -- | 0.762300000 | ||
| 12/27/2013 | 12/26/2013 | 12/27/2013 | 0.2070 | -- | -- | -- | 0.207000000 | ||
| 12/27/2012 | 12/26/2012 | 12/27/2012 | 0.2152 | -- | -- | -- | 0.215200000 | ||
| 12/29/2011 | 12/28/2011 | 12/29/2011 | 0.1721 | -- | -- | -- | 0.172100000 |
Documents
SWOBX Prospectus and Other Regulatory Documents
Schwab Balanced Fund
