SWLVX Fees and Costs — Schwab U.S. Large-Cap Value Index Fund
Data updated: 2026-09-24
The net expense ratio is 0.03%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18K in broker commissions, 0.0022% of average net assets, and portfolio turnover was 16%.
SWLVX Fees and Expenses
Annual operating expenses and sales charges of SWLVX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SWLVX Costs Over Time
On $10,000 invested in SWLVX, assuming 5% a year before costs, total costs come to $21 over 5 years, cutting the return by 0.03% 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 0.03%) | $3 | $10 | $17 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $3 | $11 | $21 |
| Value after costs | $10,497 | $11,565 | $12,742 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
SWLVX 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): 0.0022%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $658K
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $321K
- Net income from securities lending: $10K (0.001% of average net assets)
SWLVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Macquarie Capital (USA) Inc. | $5K | 28.84% |
| Barclays Capital Inc. | $4K | 27.43% |
| Citigroup Global Markets Inc. | $2K | 10.86% |
| J.P. Morgan Securities LLC | $2K | 10.67% |
| BofA Securities, Inc. | $1K | 7.16% |
| Morgan Stanley & Co. LLC | $571 | 3.61% |
| Mizuho Securities USA LLC | $548 | 3.46% |
| Stuart Frankel & Co., Incorporated | $435 | 2.75% |
| BTIG, LLC | $424 | 2.68% |
| Bernstein Institutional Services LLC | $403 | 2.55% |
SWLVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $197K | 30.02% |
| Goldman Sachs & Co. LLC | $160K | 24.28% |
| Morgan Stanley & Co. LLC | $148K | 22.57% |
| BofA Securities, Inc. | $119K | 18.08% |
| Barclays Capital Inc. | $16K | 2.36% |
| UBS Securities LLC | $13K | 1.93% |
| Jefferies LLC | $5K | 0.76% |
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.