SWERX — Schwab Target 2040 Fund
Data updated: 2026-06-25
SWERX — Schwab Target 2040 Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $1.37B AUM · 0.48% expense ratio · 23.9% 1-yr return. From SEC regulatory filings.
SWERX Fund Overview
SWERX — Schwab Target 2040 Fund is a US mutual fund managed by Schwab Capital Trust, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Schwab Capital Trust
- Category: Target Date / Glide Path Allocation
- Assets under management: $1.37B
- 1-year return: 23.9%
- Ticker: SWERX
- SEC CIK: 0000904333
- SEC series ID: S000005524
- Share class ID: C000015026
SWERX Holdings
Top 10 holdings of Schwab Target 2040 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Schwab S&P 500 Index Fund | 19.42% |
| Schwab International Opportunities Fund | 11.03% |
| Schwab International Core Equity Fund | 8.47% |
| Schwab Select Large Cap Growth Fund | 7.59% |
| Schwab U.S. Aggregate Bond Index Fund | 7.32% |
| Dodge & Cox Stock Fund | 5.25% |
| Schwab Fundamental U.S. Large Company Index Fund | 4.80% |
| Schwab Small-Cap Equity Fund | 4.22% |
| Schwab Global Real Estate Fund | 4.18% |
| Schwab Core Equity Fund | 3.86% |
SWERX Portfolio Allocation
Asset-class allocation of Schwab Target 2040 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
SWERX Performance
Total returns for SWERX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.5% |
| 1 year | 23.9% |
| 3 years (annualised) | 15.7% |
| 5 years (annualised) | 7.7% |
SWERX Risk Information
Risk metrics for SWERX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.4%
SWERX Costs and Fees
SWERX costs about $48 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.48%
- Gross expense ratio: 0.49%
- Portfolio turnover: 12%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
SWERX Cashflows
Over the 12 months to 2026-04, Schwab Target 2040 Fund had net inflows of $27.95M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$5.01M |
| 2026-03 | −$5.79M |
| 2026-02 | −$5.12M |
| 2026-01 | −$4.06M |
| 2025-12 | $84.41M |
| 2025-11 | −$1.69M |
SWERX Debt Constituents
No individual debt constituents are reported in Schwab Target 2040 Fund's latest SEC N-PORT filing.
SWERX Prospectus and SEC Filings
Official Schwab Target 2040 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.