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Trending ETFs

Schwab Dividend Equity Fund

mutual fund
SWDSX
Payout Change
Pending
Price as of:
$14.89 -0.01 -0.07%
primary theme
U.S. Large-Cap Value Equity
share class
SWDSX (Mutual Fund)

Schwab Dividend Equity Fund

Payout Change
Pending
Price as of:
$14.89 -0.01 -0.07%
primary theme
U.S. Large-Cap Value Equity
share class
SWDSX (Mutual Fund)

Schwab Dividend Equity Fund

Payout Change
Pending
Price as of:
$14.89 -0.01 -0.07%
primary theme
U.S. Large-Cap Value Equity
share class

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.89

$509 M

1.89%

$0.28

0.88%

Vitals

YTD Return

5.5%

1 yr return

11.4%

3 Yr Avg Return

5.5%

5 Yr Avg Return

7.2%

Net Assets

$509 M

Holdings in Top 10

31.9%

52 WEEK LOW AND HIGH

$14.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.88%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 83.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.89

$509 M

1.89%

$0.28

0.88%

SWDSX - Profile

Distributions

  • YTD Total Return 5.5%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 7.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.01%
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Schwab Dividend Equity Fund
  • Fund Family Name
    SCHFLFSETF
  • Inception Date
    Sep 02, 2003
  • Shares Outstanding
    41361119
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Wei Li

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in dividend paying common and preferred stocks. The fund will notify its shareholders at least 60 days before
changing this policy. Dividend paying stocks are those stocks that historically have paid, or the portfolio managers anticipate will pay, a dividend. The fund seeks to assemble a portfolio that provides a higher dividend yield than the fund’s comparative index, the Russell 1000® Value Index (the Index). The fund seeks to provide current income from dividends that are eligible for the reduced tax rate on qualified dividend income. The fund also seeks to provide capital appreciation. The fund may invest in companies of all sizes.
The fund primarily invests in U.S. companies, but may invest up to 20% of its net assets in the stocks of publicly traded companies located in countries other than the United States. The fund’s international investments will primarily be in stocks issued by companies located in developed market countries; however, it may also invest in stocks issued by companies located in emerging markets. The fund generally does not intend to hedge its exposure to foreign currencies.
The fund actively selects portfolio securities. To aid its U.S. stock selection, the fund uses Schwab Equity Ratings®, a model that assigns ratings to approximately 3,000 U.S.-traded stocks. To aid its international stock selection, the fund uses Schwab Equity Ratings International®, a model that ranks stocks of foreign companies headquartered and trading in certain foreign countries. In addition to using Schwab Equity Ratings and Schwab Equity Ratings International, the portfolio managers utilize investment data and other analytics to help manage the fund’s portfolio.
Generally, when constructing the portfolio, the portfolio managers invest in stocks that are highly rated by Schwab Equity Ratings or by Schwab Equity Ratings International. As part of the portfolio construction process, the portfolio managers may also purchase lower-rated stocks or stocks that are not rated by Schwab Equity Ratings or by Schwab Equity Ratings International. This investment approach under normal conditions will result in a portfolio that maintains an overall weighting toward highly-rated stocks. For more information on Schwab Equity Ratings and Schwab Equity Ratings International, please see the “More About Schwab’s Research” section in the prospectus.
When constructing the portfolio, the portfolio managers apply a research-driven, “bottom-up” approach focusing primarily on individual securities. Using both quantitative and qualitative techniques, the portfolio managers seek to identify attractive dividend paying equity securities. Companies are analyzed with respect to business quality, future return potential and valuation. Particular attention is paid to a company’s track record of dividend payment and dividend growth, its current dividend policy and its potential to increase dividends in the future.
The fund may use a portfolio optimization process to assist in constructing the portfolio. A portfolio optimization process seeks to provide an optimal balance between risk and expected return,
given parameters such as the number of stocks desired in the portfolio, the level of portfolio turnover, industry and sector diversification, and volatility considerations.
The fund may invest in derivatives, principally futures contracts, primarily to seek returns on the fund’s otherwise uninvested cash assets. A futures contract is a contract to buy or sell a specific financial instrument at a specified price at a specific future time. By using these instruments, the fund potentially can offset the impact on its performance of keeping some assets in cash.
The fund may invest in exchange-traded funds (ETFs) and stocks of real estate investment trusts (REITs). The fund may also invest in depositary receipts evidencing ownership of shares of foreign issuers, including American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and European Depositary Receipts (EDRs). The fund also may lend portfolio securities to earn additional income. Any income realized through securities lending may help fund performance.
For temporary defensive purposes during unusual economic or market conditions or for liquidity purposes, the fund may invest up to 100% of its assets in cash, money market instruments, repurchase agreements and other short-term obligations. The fund also may invest in these types of securities or hold cash while looking for suitable investment opportunities. When the fund engages in such activities, it may not achieve its investment objective.
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SWDSX - Performance

Return Ranking - Trailing

Period SWDSX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -6.8% 36.1% 62.22%
1 Yr 11.4% -5.5% 44.2% 74.39%
3 Yr 5.5%* -4.5% 30.4% 69.64%
5 Yr 7.2%* -0.2% 43.6% 89.15%
10 Yr 6.3%* 1.0% 24.2% 90.75%

* Annualized

Return Ranking - Calendar

Period SWDSX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -16.9% 46.1% 61.37%
2022 -11.8% -64.7% 4.6% 48.76%
2021 9.8% -44.2% 57.5% 75.42%
2020 -6.6% -23.2% 285.0% 90.16%
2019 16.2% -21.4% 48.5% 70.58%

Total Return Ranking - Trailing

Period SWDSX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -6.8% 36.1% 62.22%
1 Yr 11.4% -5.5% 44.2% 74.39%
3 Yr 5.5%* -4.5% 30.4% 69.64%
5 Yr 7.2%* -0.2% 43.6% 89.15%
10 Yr 6.3%* 1.0% 24.2% 90.75%

* Annualized

Total Return Ranking - Calendar

Period SWDSX Return Category Return Low Category Return High Rank in Category (%)
2023 6.9% -15.9% 46.7% 80.51%
2022 -5.8% -42.0% 8.5% 53.25%
2021 28.1% 3.6% 129.7% 26.65%
2020 -4.3% -22.6% 304.8% 93.73%
2019 24.3% -12.7% 52.1% 65.51%

NAV & Total Return History


SWDSX - Holdings

Concentration Analysis

SWDSX Category Low Category High SWDSX % Rank
Net Assets 509 M 1.69 M 163 B 61.84%
Number of Holdings 58 2 1683 72.46%
Net Assets in Top 10 158 M 435 K 38.9 B 58.96%
Weighting of Top 10 31.90% 4.8% 98.8% 32.73%

Top 10 Holdings

  1. JPMorgan Chase Co 4.40%
  2. Exxon Mobil Corp 3.53%
  3. Microsoft Corp 3.45%
  4. Broadcom Inc 3.41%
  5. Chevron Corp 2.98%
  6. Coca-Cola Co/The 2.94%
  7. Cisco Systems Inc 2.91%
  8. Procter Gamble Co/The 2.89%
  9. Morgan Stanley 2.73%
  10. Accenture PLC 2.68%

Asset Allocation

Weighting Return Low Return High SWDSX % Rank
Stocks
99.77% 2.48% 108.67% 7.38%
Cash
0.23% 0.00% 20.27% 87.76%
Preferred Stocks
0.00% 0.00% 14.68% 71.02%
Other
0.00% -1.68% 42.55% 77.05%
Convertible Bonds
0.00% 0.00% 3.66% 69.26%
Bonds
0.00% -1.92% 77.58% 70.84%

Stock Sector Breakdown

Weighting Return Low Return High SWDSX % Rank
Financial Services
17.67% 0.00% 58.05% 65.76%
Healthcare
16.42% 0.00% 30.08% 60.58%
Technology
13.68% 0.00% 54.02% 24.89%
Consumer Defense
13.42% 0.00% 34.10% 12.72%
Industrials
10.89% 0.00% 42.76% 56.13%
Communication Services
7.52% 0.00% 26.58% 22.43%
Energy
6.99% 0.00% 54.00% 67.12%
Consumer Cyclical
6.21% 0.00% 22.74% 42.33%
Utilities
3.42% 0.00% 27.04% 64.67%
Real Estate
2.37% 0.00% 90.54% 54.50%
Basic Materials
1.41% 0.00% 21.69% 85.56%

Stock Geographic Breakdown

Weighting Return Low Return High SWDSX % Rank
US
98.62% 2.48% 108.67% 35.73%
Non US
1.15% 0.00% 26.07% 28.44%

SWDSX - Expenses

Operational Fees

SWDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.03% 14.82% 54.56%
Management Fee 0.62% 0.00% 1.50% 60.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

SWDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

SWDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 52.56%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SWDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 83.00% 0.00% 488.00% 84.44%

SWDSX - Distributions

Dividend Yield Analysis

SWDSX Category Low Category High SWDSX % Rank
Dividend Yield 1.89% 0.00% 16.67% 56.49%

Dividend Distribution Analysis

SWDSX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Annual

Net Income Ratio Analysis

SWDSX Category Low Category High SWDSX % Rank
Net Income Ratio 2.01% -1.51% 4.28% 15.84%

Capital Gain Distribution Analysis

SWDSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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SWDSX - Fund Manager Analysis

Managers

Wei Li


Start Date

Tenure

Tenure Rank

Jun 14, 2013

8.97

9.0%

Wei Li, Ph.D., CFA, Senior Portfolio Manager at Charles Schwab Investment Management Inc. Prior to joining CSIM in 2012, Ms. Li spent more than ten years at Barclays Global Investors (now known as BlackRock, Inc.), where she held a number of positions. From 2001 to 2009, she worked in various roles in the Global Advanced Active group, including portfolio management and quantitative research for both U.S. and international equity markets. After 2009, she worked in the defined contribution research and product development area for almost two years.

James Serhant


Start Date

Tenure

Tenure Rank

Aug 10, 2021

0.81

0.8%

Jim Serhant is a Senior Portfolio Manager at Charles Schwab Investment Advisory, Inc. (“CSIA”) and a member of the Portfolio Management Team for the ThomasPartners Strategies. He joined ThomasPartners, Inc. (“ThomasPartners”) in 2016 prior to the merger of that firm with CSIA. Prior to ThomasPartners, Jim was an Executive Vice President at Hartford Investment Management where he was Head of High Yield and a Senior Portfolio Manager, overseeing the credit research and portfolio management of the firm’s High Yield strategies. Prior to the Hartford, he spent time as a fixed income analyst at Delaware Investments and JP Morgan. Jim earned a B.A. from Hamilton College and holds the Chartered Financial Analyst® (CFA) designation.

Bill McMahon


Start Date

Tenure

Tenure Rank

Aug 10, 2021

0.81

0.8%

Senior Vice President and Chief Investment Officer of Active Equity Strategies, is responsible for the day-to-day co-management of the fund. He has managed the fund since August 2021.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 7.96 6.71