Download the Schwab app from iTunes®Get the AppClose

Accounts & Products
Questions? Get answers now. Live Chat.

 

Schwab Monthly Income Funds

Print

Looking for monthly income and the potential to grow your investment for future income needs? Schwab® Monthly Income Funds offer three diversified solutions. Just choose the fund that best matches your goals for current income and long-term growth potential.

Choose your desired payout and growth potential.

Schwab Monthly Income Fund - Maximum Payout: A target payout higher than the Enhanced Payout Fund with the most conservative level of growth potential.

Schwab Monthly Income - Enhanced Payout: A target payout higher than the Moderate Payout Fund with an average level of growth potential.

Schwab Monthly Income - Moderate Payout: A target payout with the highest level of growth potential compared to other Schwab Monthly Income Funds.

Schwab Monthly Income Funds Estimated Allocation Mix2

Estimated allocation mix
  Equity Fixed Income Cash and Cash Equivalents
Schwab Monthly Income Fund - Moderate Payout 20-60% 40-70% 0-10%
Schwab Monthly Income Fund - Enhanced Payout 10-40% 50-90% 0-12%
Schwab Monthly Income Fund - Maximum Payout 0-25% 60-100% 0-15%
Fund Anticipated Annual Payout in Low Interest Rate Environment Anticipated Annual Payout in High Interest Rate Environment
Schwab Monthly Income Fund - Moderate Payout 1-3% 3-6%
Schwab Monthly Income Fund - Enhanced Payout 1-4% 4-7%
Schwab Monthly Income Fund - Maximum Payout 1-5% 5-8%

Get more for less.

All Schwab Monthly Income Funds have a $100 minimum and are competitively priced.

Fund Minimum Investment Net Expense Ratio1
Schwab Monthly Income Fund - Moderate Payout (SWJRX) $100 0.66%
Schwab Monthly Income Fund - Enhanced Payout (SWKRX) $100 0.56%
Schwab Monthly Income Fund - Maximum Payout (SWLRX) $100 0.45%

Take the next step.

Open an account to get monthly income funds that are right for you and plan for your future income needs.

Open an Account or call 800-548-5589.


Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed-income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. All of these factors can subject the funds to increased loss of principal.