Schwab MarketTrack Balanced Fund (SWBGX) seeks capital growth and income. To pursue its goal, SWBGX maintains a defined asset allocation. SWBGX's target allocation includes bond, stock and cash investments. SWBGX invests mainly in other Schwab funds, including index funds, which seek to track the total returns of various market indices.
This Allocation Balanced product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 5% and 5 year 7.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
SWBGX’s performance, as of the last filing, when compared to funds in its category was in the top 44% over the past 1 year, and in the top 26% over the past 3 years and in the top 35% over the past 5 years.
The Schwab MarketTrack Balanced fund, as of the last filing, allocates their fund in top three major groups; Intermediate Bond, Large Value and Foreign Stock. Further, as of the last filing, Schwab Total Bond Market, Schwab S&P 500 Index and Schwab Small Cap Index were the top holdings for SWBGX.
This Zacks Rank #2 (Buy) was incepted in November 1995 and is managed by Schwab Funds. SWBGX carries an expense ratio of 0.62% and requires a minimal initial investment of $100.
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