Schwab Monthly Income Fund Moderate Payout

Class No Load (SWJRX)
Scorecard
3 / 5 Stars
Lipper
3 3 5 4 2
Zacks Investment Research
4 (Sell)
Standard & Poor's
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TheStreet.com
C+ (Hold)

U.S. News evaluated 61 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 11.92 percent over the past year, 7.23 percent over the past three years, and 9.67 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.1%
1 Year 11.9%
3 Years (Annualized) 7.2%
5 Years (Annualized) 9.7%
10 Years (Annualized) N/A

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Summary

The investment seeks to provide current income; capital appreciation is a secondary consideration. The fund invests primarily in a combination of Schwab Funds® and Laudus Funds (the underlying funds) in accordance with its target asset allocation. It has the flexibility to move within the following asset allocation ranges (under normal market conditions) at the discretion of the investment adviser: 20%-60% equity; 40%-70% fixed income; and 0%-10% cash and cash equivalents. The fund is designed to offer investors a targeted annual payout of 3-4%.