Schwab Target 2015 Index Fund Institutional Shares (SWYBX)
Schwab Target 2015 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 $14.08, up 0.36% on the session, giving a market capitalisation of $91.1M. Its beta of 0.75 implies it has historically moved less than the broad market.
This fund's primary objective is achieved by investing predominantly in affiliated exchange-traded funds (ETFs) provided by Schwab. Under normal market conditions, it commits at least 80% of its total assets (including any funds borrowed for investment purposes) to underlying funds whose strategy is to track the returns of specific market indices. The fund's management is specifically tailored to the target retirement date stated in its name, operating on the premise of an investor retiring at age 65.
Schwab Target 2015 Index Fund Institutional Shares is most often compared with the following Financial Services names: