Schwab Large-Cap Growth Fund
Fund
SWLSX
Price as of:
$29.98
- $0.27
- 0.89%
Primary Theme
fund company
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.1%
1 yr return
31.4%
3 Yr Avg Return
8.7%
5 Yr Avg Return
15.1%
Net Assets
$377 M
Holdings in Top 10
50.7%
52 WEEK LOW AND HIGH
$30.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SWLSX - Profile
Distributions
- YTD Total Return 8.1%
- 3 Yr Annualized Total Return 8.7%
- 5 Yr Annualized Total Return 15.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.23%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSchwab Large-Cap Growth Fund
-
Fund Family NameSCHFLFSETF
-
Inception DateOct 03, 2005
-
Shares Outstanding10609839
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHolly Emerson
Fund Description
To pursue its investment objective, the fund invests primarily in U.S. common stocks. Under normal circumstances, the fund invests at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in large-cap stocks of U.S. companies. The fund will notify its shareholders at least 60 days before changing this policy. Large-cap stocks generally are those with market capitalizations within the universe of the Russell 1000® Index at the time of purchase by the fund. The market capitalization range of the Russell 1000 Index was $504 million to $2,913 billion, as of June 26, 2023 (the most recent index reconstitution date), and will change as market conditions change. The Russell 1000® Growth Index (the Index), the fund’s comparative index, includes those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted values. The fund invests its assets in companies it believes to have above-average growth potential. Growth may be measured by factors such as earnings or revenue. Companies with high growth potential tend to have higher than average price/earnings (P/E) or price/book (P/B) ratios. Companies with strong growth potential often have new products, technologies, or other opportunities, or have a strong industry or market position. The stocks of these companies are often called “growth” stocks.
The fund actively selects portfolio securities. To aid its stock selection, the fund uses Schwab Equity Ratings®, a model that assigns ratings to approximately 3,000 U.S.-traded stocks. In addition to using Schwab Equity Ratings, the portfolio managers utilize investment data and other analytics to help manage the fund’s portfolio. Generally, when constructing the portfolio, the portfolio managers invest in stocks that are highly rated by Schwab Equity Ratings. As part of the portfolio construction process, the portfolio managers may also purchase lower-rated stocks or stocks that are not rated by Schwab Equity Ratings. This investment approach under normal conditions will result in a portfolio that maintains an overall weighting toward highly-rated stocks. For more information on Schwab Equity Ratings, please see the “More About Schwab’s Research” section in the prospectus.
When constructing the portfolio, the portfolio managers apply a research-driven, “bottom-up” approach focusing primarily on individual securities. Using both quantitative and qualitative techniques, the portfolio managers seek to identify attractive securities for equity investments. The companies are analyzed with respect to business quality, future return potential, and valuation. The portfolio managers assess the portfolio’s risk through a variety of quantitative and qualitative measures, as well as relative to the Index.
The fund may use a portfolio optimization process to assist in constructing the portfolio. A portfolio optimization process seeks to provide an optimal balance between risk and expected return,
given parameters such as the number of stocks desired in the portfolio, the level of portfolio turnover, industry and sector diversification, and volatility considerations.
The fund may invest in derivatives, principally futures contracts, primarily to seek returns on the fund’s otherwise uninvested cash assets. A futures contract is a contract to buy or sell a specific financial instrument at a specified price at a specific future time. By using these instruments, the fund potentially can offset the impact on its performance of keeping some assets in cash.
The fund may invest in exchange-traded funds (ETFs) and stocks of real estate investment trusts (REITs). The fund also may lend portfolio securities to earn additional income. Any income realized through securities lending may help fund performance.
For temporary defensive purposes during unusual economic or market conditions or for liquidity purposes, the fund may invest up to 100% of its assets in cash, money market instruments, repurchase agreements and other short-term obligations. The fund also may invest in these types of securities or hold cash while looking for suitable investment opportunities. When the fund engages in such activities, it may not achieve its investment objective.
SWLSX - Performance
Return Ranking - Trailing
| Period | SWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.1% | -16.3% | 19.3% | 49.27% |
| 1 Yr | 31.4% | -24.2% | 56.3% | 52.62% |
| 3 Yr | 8.7%* | -31.3% | 22.2% | 6.41% |
| 5 Yr | 15.1%* | -16.7% | 28.7% | 25.54% |
| 10 Yr | 13.4%* | -5.9% | 18.7% | 38.81% |
* Annualized
Return Ranking - Calendar
| Period | SWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 38.2% | -74.1% | 72.4% | 32.53% |
| 2022 | -28.4% | -85.9% | 4.7% | 22.48% |
| 2021 | 19.7% | -52.4% | 60.5% | 15.58% |
| 2020 | 27.6% | -34.3% | 145.0% | 44.73% |
| 2019 | 24.3% | -21.8% | 49.4% | 53.51% |
Total Return Ranking - Trailing
| Period | SWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.1% | -16.3% | 19.3% | 49.27% |
| 1 Yr | 31.4% | -24.2% | 56.3% | 52.62% |
| 3 Yr | 8.7%* | -31.3% | 22.2% | 6.41% |
| 5 Yr | 15.1%* | -16.7% | 28.7% | 25.54% |
| 10 Yr | 13.4%* | -5.9% | 18.7% | 38.81% |
* Annualized
Total Return Ranking - Calendar
| Period | SWLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 38.3% | -4.6% | 72.4% | 48.45% |
| 2022 | -27.0% | -61.7% | 5.6% | 29.05% |
| 2021 | 29.2% | -39.8% | 118.1% | 9.12% |
| 2020 | 29.0% | 2.8% | 149.2% | 74.06% |
| 2019 | 31.0% | -5.2% | 49.4% | 66.99% |
NAV & Total Return History
SWLSX - Holdings
Concentration Analysis
| SWLSX | Category Low | Category High | SWLSX % Rank | |
|---|---|---|---|---|
| Net Assets | 377 M | 242 K | 269 B | 68.86% |
| Number of Holdings | 60 | 1 | 3217 | 53.38% |
| Net Assets in Top 10 | 175 M | 104 K | 111 B | 68.67% |
| Weighting of Top 10 | 50.69% | 0.7% | 205.0% | 44.28% |
Top 10 Holdings
- Microsoft Corp 11.46%
- Apple Inc 9.96%
- NVIDIA Corp 5.76%
- Amazon.com Inc 5.15%
- Alphabet Inc 4.89%
- Meta Platforms Inc 3.66%
- Broadcom Inc 3.17%
- Palo Alto Networks Inc 2.48%
- Eli Lilly Co 2.25%
- Visa Inc 1.94%
Asset Allocation
| Weighting | Return Low | Return High | SWLSX % Rank | |
|---|---|---|---|---|
| Stocks | 96.98% | 0.00% | 130.05% | 83.11% |
| Cash | 2.96% | -1.50% | 173.52% | 17.31% |
| Other | 0.06% | -43.49% | 50.04% | 18.24% |
| Preferred Stocks | 0.00% | 0.00% | 7.84% | 91.39% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 89.76% |
| Bonds | 0.00% | 0.00% | 104.15% | 90.03% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SWLSX % Rank | |
|---|---|---|---|---|
| Technology | 40.76% | 0.00% | 65.70% | 26.57% |
| Consumer Cyclical | 18.02% | 0.00% | 62.57% | 31.98% |
| Communication Services | 10.29% | 0.00% | 66.40% | 51.69% |
| Healthcare | 7.98% | 0.00% | 39.76% | 89.68% |
| Financial Services | 7.12% | 0.00% | 43.06% | 69.71% |
| Industrials | 6.79% | 0.00% | 30.65% | 43.65% |
| Consumer Defense | 4.98% | 0.00% | 25.50% | 31.90% |
| Basic Materials | 1.48% | 0.00% | 18.91% | 41.79% |
| Energy | 1.38% | 0.00% | 41.09% | 33.08% |
| Real Estate | 1.22% | 0.00% | 16.05% | 48.14% |
| Utilities | 0.00% | 0.00% | 16.07% | 92.30% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SWLSX % Rank | |
|---|---|---|---|---|
| US | 96.98% | 0.00% | 130.05% | 70.27% |
| Non US | 0.00% | 0.00% | 78.10% | 93.24% |
SWLSX - Expenses
Operational Fees
| SWLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.01% | 0.01% | 19.54% | 45.05% |
| Management Fee | 0.72% | 0.00% | 1.50% | 74.05% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| SWLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SWLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 47.79% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SWLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 42.00% | 0.00% | 316.74% | 60.55% |
SWLSX - Distributions
Dividend Yield Analysis
| SWLSX | Category Low | Category High | SWLSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.03% | 0.00% | 28.16% | 41.88% |
Dividend Distribution Analysis
| SWLSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| SWLSX | Category Low | Category High | SWLSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.23% | -6.13% | 3.48% | 42.83% |
Capital Gain Distribution Analysis
| SWLSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.008 | OrdinaryDividend |
| Dec 13, 2023 | $0.002 | OrdinaryDividend |
| Dec 14, 2022 | $0.415 | OrdinaryDividend |
| Dec 28, 2018 | $0.019 | ExtraDividend |
| Dec 14, 2018 | $0.055 | OrdinaryDividend |
| Dec 08, 2017 | $0.072 | OrdinaryDividend |
| Dec 12, 2016 | $0.166 | OrdinaryDividend |
| Dec 10, 2015 | $0.196 | OrdinaryDividend |
| Dec 09, 2014 | $0.089 | OrdinaryDividend |
| Dec 05, 2013 | $0.093 | OrdinaryDividend |
| Dec 06, 2012 | $0.128 | OrdinaryDividend |
| Dec 22, 2011 | $0.055 | OrdinaryDividend |
| Dec 23, 2010 | $0.060 | OrdinaryDividend |
| Dec 23, 2009 | $0.057 | OrdinaryDividend |
| Dec 23, 2008 | $0.044 | OrdinaryDividend |
| Dec 20, 2007 | $0.052 | OrdinaryDividend |
| Dec 21, 2006 | $0.032 | OrdinaryDividend |
| Dec 23, 2005 | $0.006 | OrdinaryDividend |
SWLSX - Fund Manager Analysis
Managers
Holly Emerson
Start Date
Tenure
Tenure Rank
Feb 28, 2017
5.25
5.3%
Holly Emerson (formerly known as Xin Wen), CFA, Portfolio Manager, is responsible for the day-to-day co-management of the Schwab Funds. Previously, she served as an Associate Portfolio Manager supporting the Schwab Active Equity Funds. Prior to joining CSIM in 2014, Ms. Wen spent nearly 10 years at Algert Global (formerly Algert Coldiron Investors), a quantitative market neutral hedge fund manager, where she held a number of positions, including Assistant Portfolio Manager and Macroeconomic Research Analyst.
Bill McMahon
Start Date
Tenure
Tenure Rank
Aug 10, 2021
0.81
0.8%
Senior Vice President and Chief Investment Officer of Active Equity Strategies, is responsible for the day-to-day co-management of the fund. He has managed the fund since August 2021.
Gretchen Novak
Start Date
Tenure
Tenure Rank
Aug 10, 2021
0.81
0.8%
Gretchen Novak is an Equity Analyst on the ThomasPartners strategies. She began her tenure in 2017 and has been in the investment industry since 1994. Prior to joining Charles Schwab, she was a portfolio manager with Mazama Capital Management. She has a BA in Finance from the University of Washington and is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.21 | 3.08 |