SWKRX Fees and Costs — Schwab Monthly Income Fund - Flexible Payout
Data updated: 2026-08-25
The net expense ratio is 0.21% (0.33% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0077% of average net assets, and portfolio turnover was 12%.
SWKRX Fees and Expenses
Annual operating expenses and sales charges of SWKRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.33% |
| Fee waiver | −0.12% |
| 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 |
SWKRX Costs Over Time
On $10,000 invested in SWKRX, assuming 5% a year before costs, total costs come to $138 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 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $75 | $138 |
| Value after costs | $10,477 | $11,501 | $12,624 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
SWKRX 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): 0.0077%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $20.1M
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
SWKRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $3K | 54.41% |
| Virtu Americas LLC | $635 | 12.20% |
| Goldman Sachs & Co. LLC | $499 | 9.59% |
| Susquehanna Financial Group, LLLP | $486 | 9.35% |
| Flow Traders U.S. Institutional Trading LLC | $389 | 7.49% |
| Citadel Securities LLC | $362 | 6.96% |
SWKRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Charles Schwab & Co., Inc. | $20.1M | 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.