SWLRX

About SWLRX

Schwab Monthly Income Fund – Income Payout is a diversified mutual fund aiming to provide regular monthly income to investors, with a secondary focus on capital appreciation. The fund utilizes a balanced allocation approach, investing primarily in a mix of bonds, stocks, and cash equivalents, with recent allocations being approximately 70% in bonds, 28% in equities, and a small portion in cash. Its strategy features a managed payout policy, tailored to respond to various interest rate environments, which targets an annual payout between 0–3% in low-rate scenarios and higher payouts as market rates rise. The fund draws from a broad universe of income-generating investments through both active and passively managed underlying funds, offering investors broad exposure to U.S. and international fixed income and equity markets. This design supports consistent monthly distributions while striving to moderate risk through diversification. The fund is part of Schwab’s suite of managed payout solutions and is particularly positioned for investors seeking steady cash flows, benefiting from professional management and cost efficiency within a single portfolio.