Schwab Monthly Income Fund Moderate Payout

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

U.S. News evaluated 60 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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The fund has returned 8.35 percent over the past year, 6.72 percent over the past three years, and 11.50 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.4%
1 Year 8.3%
3 Years (Annualized) 6.7%
5 Years (Annualized) 11.5%
10 Years (Annualized) N/A

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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%. The targeted annual payout for the fund is based on historic yield environments over a ten year period.

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