Schwab Target 2010 Index Fund Institutional Shares (SWYAX)
Schwab Target 2010 Index Fund Institutional Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Westlake, TX, US. The stock last traded at $13.81, up 0.00% on the session, giving a market capitalisation of $63.3M. Its beta of 0.71 implies it has historically moved less than the broad market.
This fund endeavors to meet its financial goals primarily by investing in Schwab's own exchange-traded funds (ETFs). Its established policy mandates that, under typical market circumstances, at least 80% of its total assets—which include both net assets and any capital borrowed for investment purposes—are allocated to underlying funds. These underlying funds are specifically designed to track the returns of particular market benchmarks. The fund's overall management strategy is precisely aligned with the target retirement date indicated in its title, operating on the premise that an investor will retire at age 65.
Schwab Target 2010 Index Fund Institutional Shares is most often compared with the following Financial Services names: