SWYBX

About SWYBX

Schwab Target 2015 Index Fund is a mutual fund designed as a target-date retirement solution, primarily aiming to provide capital appreciation and income for investors approaching or in retirement around the year 2015. This fund follows a strategy where asset allocation becomes increasingly conservative as the target date nears, reflecting a shift from equities towards fixed income and cash equivalent assets. Its holdings are predominantly a diversified mix of affiliated Schwab exchange-traded funds (ETFs), with current allocations favoring U.S. aggregate bonds, large-cap equities, international equities, and short-term U.S. Treasuries. Sectors represented include information technology, healthcare, industrials, and financials, while the fund's substantial bond exposure helps lower overall portfolio risk. The fund plays a significant role for investors nearing retirement, as its design seeks to balance growth with preservation of capital during the early withdrawal phase, aligning with lifecycle investment models commonly used in employer-sponsored retirement plans and individual retirement accounts.