Schwab Target 2020 Index Fund Institutional Shares (SWYLX)
Schwab Target 2020 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 $14.73, down 0.07% on the session, giving a market capitalisation of $300.7M. Its beta of 0.78 implies it has historically moved less than the broad market.
This fund's primary objective is achieved by investing mainly in affiliated Schwab exchange-traded funds (ETFs). Typically, the fund commits a minimum of 80% of its total assets (which includes any borrowed money used for investments) to underlying funds that are structured to mirror the performance of specific market benchmarks. Its investment approach is specifically designed around the target retirement year found in its name, based on an assumed retirement age of 65.
Schwab Target 2020 Index Fund Institutional Shares is most often compared with the following Financial Services names: