SWDSX Fees and Costs — Schwab Dividend Equity Fund
Data updated: 2026-09-24
The net expense ratio is 0.89%: a 0.62% management fee plus 0.27% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 8%.
SWDSX Fees and Expenses
Annual operating expenses and sales charges of SWDSX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| 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 |
SWDSX Costs Over Time
On $10,000 invested in SWDSX, assuming 5% a year before costs, total costs come to $559 over 5 years, cutting the return by 0.94% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $94 | $307 | $559 |
| Value after costs | $10,406 | $11,269 | $12,204 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
SWDSX 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): 0.0014%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
SWDSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2K | 30.16% |
| Jefferies LLC | $2K | 23.14% |
| Citadel Securities LLC | $2K | 21.04% |
| Proof Services LLC | $828 | 10.63% |
| Barclays Capital Inc. | $454 | 5.84% |
| Virtu Americas LLC | $255 | 3.27% |
| Stifel, Nicolaus & Company, Incorporated | $207 | 2.66% |
| Morgan Stanley & Co. LLC | $135 | 1.73% |
| Siebert Williams Shank & Co., LLC | $75 | 0.96% |
| Wells Fargo Securities, LLC | $44 | 0.57% |
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.