Schwab Target 2020 Fund
SWCRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Jul 1, 2005
- CIK
- 0000904333
- Website
- schwabassetmanagement.com
- Similar Companies
- Business
- Schwab Target 2020 Fund (SWCRX) is an open-end fund of funds managed by Charles Schwab Investment Management, Inc., that seeks capital appreciation and income consistent with its current asset allocation, designed for investors targeting retirement around 2020. The fund invests primarily in a diversified mix of affiliated Schwab Funds and select third-party funds, including Schwab U.S. Aggregate Bond Index Fund (SWAGX, 23.72%), Schwab S&P 500 Index Fund (SWPPX, 14.00%), Baird Aggregate Bond Fund Institutional Class (BAGIX, 12.31%), Schwab Short-Term Bond Index Fund (SWSBX, 7.12%), and Schwab Treasury Inflation Protected Securities Index Fund (SWRSX, 6.08%); other notable holdings encompass Schwab International Opportunities Fund (SWMIX), Schwab Select Large Cap Growth Fund (LGILX), Schwab International Core Equity Fund Institutional Class (SICNX), Dodge & Cox Stock Fund Class I (DODGX), and Schwab Global Real Estate Fund Select Class (SWASX). Its portfolio allocation approximates 49% U.S. bonds, 31% U.S. stocks, 11% non-U.S. stocks, 7% non-U.S. bonds, and 2% cash, with sector emphases in technology, financial services, and healthcare, and regional focus predominantly in the United States supplemented by Eurozone, Japan, and United Kingdom exposure. Launched on July 1, 2005, and domiciled in the United States with assets under management of approximately $300 million, the fund features a net expense ratio of 0.28% and no load fees; it is managed by Zifan Tang (since 2012), Patrick Kwok (since 2018), and Drew Hayes (since 2023). Charles Schwab Investment Management, part of The Charles Schwab Corporation headquartered in Westlake, Texas, offers the fund to U.S. retail and institutional investors through brokerage platforms. In recent developments, portfolio manager Drew Hayes joined the team in February 2023 to bolster multi-asset strategies, while the parent company Charles Schwab announced in November 2025 its agreement to acquire Forge Global for $660 million to enhance private market access—building on launches of Schwab Alternative Investments Select and Schwab Private Issuer Equity Services—expected to close in the first half of 2026.