SFENX Mutual Fund — SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE COMPANY INDEX FUND INSTITUTIONAL SHARES

SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE COMPANY INDEX FUND INSTITUTIONAL SHARES (SFENX)

SFENX is a Mutual Fund. As of September 2, 2026, its distribution rate is 3.57%, its trailing-12-month yield is 3.33%, its expense ratio is 0.39%. Dividend Vision Distribution Safety Score™ is 96/100 (Safe). Total return is 161.4% over the past 18.6 years, 520.6 points behind SPY at 682.0%.

At the current 3.57% distribution rate, a $10,000 investment would generate approximately $357 per year, or $29.75 per month on an equivalent basis. Actual annual payments vary.

This mutual fund tracks the RAFI Fundamental High Liquidity Emerging Markets Index, which selects and weights large-cap emerging market stocks based on fundamental metrics like sales, operating cash flow, and shareholder returns rather than market capitalization. The fund distributes annually and carries a modest current distribution rate. This fund may appeal to investors seeking equity exposure to emerging markets with a value-oriented approach.

SFENX performance versus SPY

Data as of September 2, 2026.

Total return is 161.4% over the past 18.6 years, 520.6 points behind SPY at 682.0%. Its deepest 1-year drawdown was 9.4%.

SFENX key facts

Data as of September 2, 2026.

Distribution Safety Score™

96 · Safe

Safety-Adjusted Yield

3.43%

Issuer

Schwab

Asset type

Mutual Fund

Asset class

Equity

Inception date

01/31/2008

Expense ratio

0.39%

Distribution rate

3.57%

Distribution frequency

Annual

Trailing yield

3.33%

Last close

$13.41

AUM

$1,787,530,000

Average volume

0.0

Last dividend

$0.446

Last ex-dividend date

12/19/2025

Beta

0.68

P/E ratio

12.3219

How Dividend Vision calculates yield and returns

Distribution rate (3.57%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.33%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 2, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 2, 2026.

Primary sources: Schwab; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SFENX risks and drawbacks

SFENX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.4%.

Who may consider SFENX — and who may not

SFENX may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (SFENX pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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