SWJRX Fees and Costs — Schwab Monthly Income Fund - Target Payout
Data updated: 2026-08-25
The net expense ratio is 0.21% (0.40% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0129% of average net assets, and portfolio turnover was 25%.
SWJRX Fees and Expenses
Annual operating expenses and sales charges of SWJRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.40% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.21% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SWJRX Costs Over Time
On $10,000 invested in SWJRX, assuming 5% a year before costs, total costs come to $142 over 5 years, cutting the return by 0.23% 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 0.21%) | $22 | $69 | $121 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $77 | $142 |
| Value after costs | $10,477 | $11,499 | $12,621 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
SWJRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0129%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $17.1M
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
SWJRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $2K | 35.85% |
| Susquehanna Financial Group, LLLP | $927 | 17.24% |
| Flow Traders U.S. Institutional Trading LLC | $787 | 14.63% |
| Virtu Americas LLC | $750 | 13.94% |
| Citadel Securities LLC | $611 | 11.35% |
| Goldman Sachs & Co. LLC | $375 | 6.98% |
SWJRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Charles Schwab & Co., Inc. | $17.1M | 100.00% |
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.