Schwab 1000 Index Fund Investor Shares
SNXFX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 211 Main Street San Francisco CA United States of America 94105
- IPO Date
- Apr 2, 1991
- CIK
- 0000869365
- Website
- schwabassetmanagement.com
- Similar Companies
- Business
- Schwab 1000 Index Fund Investor Shares (SNXFX) is a passively managed open-end mutual fund that seeks to match the total return of the Schwab 1000 Index, which comprises the 1,000 largest U.S. publicly traded companies by market capitalization and covers approximately 90% or more of total U.S. stock market capitalization. The fund provides investors with low-cost exposure to a diversified portfolio of large- and mid-cap U.S. equities across sectors including information technology (33.64%), financials (13.69%), consumer discretionary (10.60%), and communication services (9.66%); top holdings include NVIDIA Corp. (6.76%), Apple Inc. (6.48%), Microsoft Corp. (5.72%), Amazon.com Inc. (3.54%), and Broadcom Inc. (2.97%). It features a total expense ratio of 0.05%, no minimum initial investment, daily pricing, and a low portfolio turnover rate of 3.03%. Launched on April 2, 1991, and domiciled in the United States, the fund is managed by Charles Schwab Investment Management, Inc., a subsidiary of The Charles Schwab Corporation headquartered in San Francisco, California, with a team of portfolio managers including Ferian Juwono (since 2013), Christopher Bliss (since 2017), Jeremy Brown (since 2019), and Agnes Zau (since 2023). As of December 12, 2025, SNXFX has total net assets of approximately $20.15 billion, 1,386 million shares outstanding, and a net asset value of $14.53 per share. The fund targets long-term investors seeking core equity exposure through individual retirement accounts, brokerage accounts, or other tax-deferred vehicles available primarily to U.S. investors. In a significant operational change effective August 15, 2025, the fund underwent a 10-for-1 forward share split for shareholders of record as of August 14, 2025, with post-split trading commencing on August 18, 2025; this increased shares outstanding and proportionately reduced NAV per share without altering total shareholder value. No recent partnerships, acquisitions, funding rounds, new product launches, or major strategic shifts beyond routine index rebalancing have been reported for the fund or its manager in the last 1-2 years. The fund maintains its passive large blend strategy in the Morningstar Large Blend category, with assets under management reflecting sustained growth to over $20 billion.