Fund info

The Schwab Target 2010 Fund is a mutual fund designed for investors who retired around the year 2010 or wish to manage their investments conservatively in the years following that target date. The fund’s primary purpose is to seek both capital appreciation and income, aligning its asset allocation with the needs of individuals transitioning into or living in retirement. It achieves its objectives by investing in a mix of underlying funds, predominantly favoring more conservative holdings—such as bonds and cash equivalents—while still maintaining some equity exposure to balance growth with risk management as participants withdraw assets over time. As part of a broader family of target-date funds, it follows a "glide path" that systematically becomes more conservative as the target year approaches and passes. This structure provides diversified exposure to various asset classes and industries, facilitating steady income and risk reduction in retirement, and playing a key role in retirement planning strategies for individuals seeking a managed, age-appropriate investment solution.