Schwab Monthly Income Flexible Payout SWKRX

The fund invests primarily in a combination of Schwab Funds® and Schwab® ETFs in accordance with its target asset allocation. Its target asset allocation is not fixed, and the fund has the flexibility to move within the following asset allocation ranges at the discretion of the investment adviser: 30-70% equity; 30-70% fixed income; and 0-12% cash and cash equivalents. The fund is designed to offer shareholders an annual payout of 4-6% during most market environments.