Schwab Monthly Income Fund - Maximum Payout (SWLRX)

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Schwab Monthly Income Fund - Maximum Payout (SWLRX) is up 4.3% since the beginning of the year. SWLRX is currently trading at $10 per share. Investors who bought $1,000 worth of SWLRX shares 5 years ago would now be looking at an investment worth $1,142.

Schwab Monthly Income Fund - Maximum Payout (SWLRX) has returned 4.27% so far this year and 10.74% over the past 12 months. Over the last ten years, SWLRX has returned 3.48% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Mar 28, 2008, SWLRX's average daily return is +0.01%, while the average monthly return is +0.30%. At this rate, an investment would double in approximately 19.3 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2023 with a return of +5.4%, while the worst month was Sep 2022 at -6.3%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SWLRX closed higher 44% of trading days. The best single day was Nov 11, 2022 with a return of +2.8%, while the worst single day was Mar 18, 2020 at -2.9%.

Schwab Monthly Income Fund - Maximum Payout has an annualized alpha of 2.39%, beta of 0.11, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since March 31, 2008.

• This fund participated in 23.39% of S&P 500 Index downside but only 21.81% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.11 may look defensive, but with R2 of 0.23 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.23 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SWLRX has an expense ratio of 0.00%, meaning no management fees are charged.

SWLRX ranks 67 for risk / return — better than 67% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Schwab Monthly Income Fund - Maximum Payout (SWLRX) and compare them to S&P 500 Index.

Schwab Monthly Income Fund - Maximum Payout provided a 4.58% dividend yield over the last twelve months, with an annual payout of $0.45 per share.

The table displays the monthly dividend distributions for Schwab Monthly Income Fund - Maximum Payout. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Schwab Monthly Income Fund - Maximum Payout. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Schwab Monthly Income Fund - Maximum Payout was 18.60%, occurring on Oct 20, 2022. Recovery took 476 trading sessions.

The current Schwab Monthly Income Fund - Maximum Payout drawdown is 0.74%.

The chart below shows the rolling one-month volatility.