SWYJX

About SWYJX

The Schwab Target 2055 Index Fund is a target-date mutual fund designed to help investors prepare for retirement around the year 2055. Its primary function is to provide a diversified, all-in-one investment solution that automatically adjusts its asset allocation mix over time. Initially, the fund emphasizes growth by allocating a significant proportion of assets to equities, including large- and small-cap U.S. stocks, international equities, and real estate investment trusts. As the target year approaches, the fund systematically shifts to a more conservative stance, increasing its fixed income and cash holdings to reduce risk and provide better income potential for retirees. Comprised predominantly of affiliated Schwab ETFs, the fund is managed through a glide path that transitions from about 97% equities at inception to an allocation of 44% equity and 56% fixed income by the target date, eventually reaching 28% equity within 20 years after the target date. Investors benefit from low management costs and passive index fund exposure, making the fund an accessible choice for long-term retirement planning. The Schwab Target 2055 Index Fund plays a significant role in helping individuals maintain a disciplined investment approach with professional portfolio management as they approach retirement.