SWMIX Fees and Costs — Schwab International Opportunities Fund
Data updated: 2026-09-24
The net expense ratio is 0.84%: a 0.63% management fee plus 0.21% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $681K in broker commissions, 0.0629% of average net assets, and portfolio turnover was 69%.
SWMIX Fees and Expenses
Annual operating expenses and sales charges of SWMIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| 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 | Yes |
SWMIX Costs Over Time
On $10,000 invested in SWMIX, assuming 5% a year before costs, total costs come to $566 over 5 years, cutting the return by 0.95% 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 0.84%) | $88 | $275 | $478 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $311 | $566 |
| Value after costs | $10,405 | $11,266 | $12,197 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
SWMIX 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): 0.0629%
- Total broker commissions: $681K
- Bought from dealers (principal trades, not a cost): $73.8M
- Portfolio turnover (prospectus): 69%
- Securities on loan, average value: $325K
- Net income from securities lending: $12K (0.001% of average net assets)
SWMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $78K | 16.44% |
| Morgan Stanley & Co. LLC | $65K | 13.80% |
| J.P. Morgan Securities LLC | $63K | 13.38% |
| Citigroup Global Markets Inc. | $63K | 13.35% |
| Goldman Sachs & Co. LLC | $51K | 10.88% |
| Jefferies LLC | $41K | 8.67% |
| BofA Securities, Inc. | $29K | 6.09% |
| BNP Paribas Securities Corp. | $29K | 6.08% |
| Barclays Capital Inc. | $28K | 5.90% |
| Daiwa Capital Markets America Inc. | $26K | 5.41% |
SWMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $32.3M | 44.05% |
| Goldman Sachs & Co. LLC | $14.8M | 20.12% |
| Barclays Capital Inc. | $8.0M | 10.89% |
| HSBC Securities (USA) Inc. | $5.9M | 7.99% |
| BNP Paribas Securities Corp. | $5.4M | 7.35% |
| UBS Securities LLC | $3.7M | 5.07% |
| BofA Securities, Inc. | $1.2M | 1.67% |
| J.P. Morgan Securities LLC | $958K | 1.31% |
| RBC Capital Markets, LLC | $852K | 1.16% |
| CLSA Americas, LLC | $294K | 0.40% |
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.