Schwab Target 2030 Index Fund Institutional Shares (SWYEX)
Schwab Target 2030 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 $19.10, down 0.10% on the session, giving a market capitalisation of $1.87B. Its beta of 0.94 implies it has historically moved less than the broad market.
This fund aims to achieve its financial objectives predominantly by investing in Schwab's own exchange-traded funds (ETFs). Under typical circumstances, a minimum of 80% of its overall assets (encompassing net assets and any funds borrowed for investment purposes) are dedicated to underlying funds designed to track the performance of particular market benchmarks. The fund's investment strategy is specifically tailored to the target retirement year indicated in its title, operating on the assumption that retirement will occur at age 65.
Schwab Target 2030 Index Fund Institutional Shares is most often compared with the following Financial Services names: