Schwab Target 2035 Index Fund Institutional Shares
SWYFX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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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
- Aug 30, 2016
- CIK
- 0000904333
- Website
- schwabassetmanagement.com
- Similar Companies
- Business
- Schwab Target 2035 Index Fund Institutional Shares (SWYFX) is a target-date mutual fund managed by Schwab Asset Management that seeks capital appreciation and income consistent with its asset allocation glide path, targeting investors planning retirement around 2035. The fund invests primarily in affiliated Schwab exchange-traded funds (ETFs), including Schwab U.S. Large-Cap ETF (SCHX, approximately 42%), Schwab U.S. Aggregate Bond ETF (SCHZ, approximately 27%), Schwab International Equity ETF (SCHF, approximately 17%), Schwab U.S. REIT ETF (SCHH, approximately 5%), Schwab U.S. Small-Cap ETF (SCHA, approximately 3%), and others such as Schwab Emerging Markets Equity ETF (SCHE) and Schwab Short Term U.S. Treasury ETF (SCHO); it maintains at least 80% of assets in these index-tracking underlying funds under normal circumstances. Launched on August 25, 2016, and domiciled in the United States with total net assets exceeding $1.2 billion, the fund follows a passive management style within the Morningstar Target-Date 2035 category, rebalancing annually to reduce equity exposure from an initial high allocation toward a more conservative mix of approximately 44% equities and 56% fixed income/cash at the target date, continuing to glide conservatively thereafter. Headquartered through its manager Schwab Asset Management in San Francisco, California, the fund targets U.S. retirement savers with no minimum initial investment and a low net expense ratio of 0.08%. The portfolio features diversified exposure across U.S. stocks (about 50%), U.S. bonds (about 27%), non-U.S. stocks (about 20%), non-U.S. bonds (about 2%), and minimal cash, with sector weights led by information technology (24%), financials (16%), and industrials (11%). Recent annual reallocations pursuant to its glide path represent the primary operational updates, with total net assets growing to approximately $1.28 billion as of October 2025 and portfolio turnover at 15%; no major acquisitions, partnerships, funding rounds, or strategic shifts specific to SWYFX have been reported in the last 1-2 years.