SWANX Fees and Costs — Schwab Core Equity Fund
Data updated: 2026-09-24
The net expense ratio is 0.73%: a 0.47% management fee plus 0.26% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $51K in broker commissions, 0.0035% of average net assets, and portfolio turnover was 20%.
SWANX Fees and Expenses
Annual operating expenses and sales charges of SWANX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SWANX Costs Over Time
On $10,000 invested in SWANX, assuming 5% a year before costs, total costs come to $461 over 5 years, cutting the return by 0.77% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $253 | $461 |
| Value after costs | $10,423 | $11,323 | $12,302 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
SWANX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0035%
- Total broker commissions: $51K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $3.2M
- Net income from securities lending: $37K (0.003% of average net assets)
SWANX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JonesTrading Institutional Services LLC | $6K | 15.31% |
| BofA Securities, Inc. | $6K | 15.12% |
| Jefferies LLC | $6K | 14.15% |
| Oppenheimer & Co. Inc. | $5K | 12.23% |
| Instinet, LLC | $5K | 10.84% |
| Citadel Securities LLC | $4K | 9.06% |
| Goldman Sachs & Co. LLC | $3K | 6.22% |
| Morgan Stanley & Co. LLC | $2K | 5.89% |
| Stifel, Nicolaus & Company, Incorporated | $2K | 5.59% |
| Citigroup Global Markets Inc. | $2K | 5.59% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.