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

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

Updated October 16, 2026.

SFENX is a Mutual Fund. its distribution rate is 3.44%, its trailing-12-month yield is 3.34%, its expense ratio is 0.4069%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 160.3% over the past 18.7 years, 521.7 points behind SPY at 682.0%.

This mutual fund tracks the RAFI Fundamental High Liquidity Emerging Markets Index, selecting and weighting stocks from emerging markets based on fundamental measures such as sales, operating cash flow, and shareholder returns rather than market capitalization. The fund carries a modest current distribution rate and makes annual distributions. It appeals to investors seeking equity exposure to emerging markets through a fundamentals-based indexing approach.

SFENX performance versus SPY

Price and return data through 2026-10-16.

Total return is 160.3% over the past 18.7 years, 521.7 points behind SPY at 682.0%. Over the past year its total return — price change plus distributions reinvested — is 21.9%. Its deepest 1-year drawdown was 9.4%.

SFENX key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

3.23%

Issuer

Schwab

Asset type

Mutual Fund

Asset class

Equity

Inception date

01/31/2008

Expense ratio

0.4069%

Distribution rate

3.44%

Distribution frequency

Annual

Trailing yield

3.34%

Last close

$13.35 (stale; as of 2026-10-16)

NAV

$13.82

Premium / discount

N/A

AUM

$1,886,520,000

Average volume

0.0

Dividend

$0.446

Ex-dividend date

12/19/2025

Beta

0.68

How Dividend Vision calculates yield and returns

Distribution rate (3.44%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.34%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. 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.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

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.

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Tagged: Mutual Fund.

Frequently asked questions

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