{"id":858416,"date":"2025-06-09T08:03:47","date_gmt":"2025-06-09T12:03:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\/"},"modified":"2025-06-09T08:03:47","modified_gmt":"2025-06-09T12:03:47","slug":"schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\/","title":{"rendered":"Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth33 { width: 33% }\n.bwwidth34 { width: 34% }\n.bwwidth67 { width: 67% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits<\/b><\/p>\n<p>WESTLAKE, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSchwab Asset Management<sup>\u00ae<\/sup>, the asset management arm of The Charles Schwab Corporation and the fifth-largest provider of ETFs<sup>1<\/sup>, today announced the reduction of operating expense ratios (OERs) for four equity index ETFs along with forward share splits on six Schwab mutual funds. The ETF fee reductions, effective June 10, 2025, will make the cost of all Schwab equity and fixed income market cap-weighted index ETFs less than 10 basis points. The forward share splits include the Schwab 1000 Index<sup>\u00ae<\/sup> Fund (SNXFX), which, nearly 35 years after launch, will return to a net asset value (NAV) more closely aligned to its initial share price of $10.<\/p>\n<p><b>Schwab Equity Index ETFs\u2019 Expense Ratio Changes<\/b><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth34\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Name of Fund (Ticker)<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Operating Expense Ratio Prior to<br \/>\n<br \/>June 10, 2025<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Operating Expense Ratio After<br \/>\n<br \/>June 10, 2025<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth34\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab 1000 Index<sup>\u00ae<\/sup> ETF (SCHK)<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.05%<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.03%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth34\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab International Equity ETF (SCHF)<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.06%<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.03%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth34\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab International Small-Cap Equity ETF (SCHC)<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.11%<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.08%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth34\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab Emerging Markets Equity ETF (SCHE)<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.11%<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadr0 bwpadb3 bwalignc bwpadl1 bwvertalignt bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n0.07%<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\n\u201cSchwab is proud to be a leader in democratizing investing, and we are constantly looking for new opportunities to make investing as accessible as possible,\u201d said John Sturiale, Head of Product Management and Innovation, Schwab Asset Management. \u201cToday, we\u2019re taking another important step in advancing our commitment to providing investors with low-cost, high-quality building blocks for a well-diversified portfolio.\u201d<\/p>\n<p>\nForward share splits increase the number of shares outstanding and decrease the NAV per share. The share splits will not alter the rights or change the total value of a shareholder\u2019s investment, nor will they be a taxable event for shareholders. They are scheduled to occur on August 15, 2025, and will apply to shareholders of record on or about August 13, 2025.<\/p>\n<p><b>Schwab Mutual Fund Share Splits<\/b><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Name of Fund (Ticker)<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl1 bwwidth67\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Split Ratio<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab 1000 Index\u00ae Fund (SNXFX)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl1 bwwidth67\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n10-1 (Shareholders will receive ten shares in exchange for every one share they currently own)<\/p>\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab U.S. Large-Cap Growth Index Fund (SWLGX)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl1 bwwidth67\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n8-1 (Shareholders will receive eight shares in exchange for every one share they currently own)<\/p>\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab Total Stock Market Index Fund (SWTSX)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl1 bwwidth67\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n7-1 (Shareholders will receive seven shares in exchange for every one share they currently own)<\/p>\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab S&amp;P 500 Index Fund (SWPPX)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl1 bwwidth67\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n6-1 (Shareholders will receive six shares in exchange for every one share they currently own)<\/p>\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab U.S. Mid-Cap Index Fund (SWMCX)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl1 bwwidth67\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n5-1 (Shareholders will receive five shares in exchange for every one share they currently own)<\/p>\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl1 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSchwab U.S. Large-Cap Value Index Fund (SWLVX)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl1 bwwidth67\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n4-1 (Shareholders will receive four shares in exchange for every one share they currently own)<\/p>\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nThese moves to increase accessibility for investors come on the heels of Schwab\u2019s launch of National Investing Day on May 1, 2025. The day, which will be recognized annually, aims to raise awareness about the power of long-term investing and inspire more people to get invested and stay invested. Schwab\u2019s efforts to reduce barriers to investing, raise awareness and provide robust investing education are all part of its enduring mission to help people reach their financial goals.<\/p>\n<p>\nTo learn more about Schwab Asset Management\u2019s entire lineup of ETFs and mutual funds, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.schwabassetmanagement.com%2F&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=www.schwabassetmanagement.com&amp;index=1&amp;md5=81fada49c7e363125b330532f23e0e17\">www.schwabassetmanagement.com<\/a>.<\/p>\n<p><b>About Schwab Asset Management<\/b><\/p>\n<p>\nOne of the industry\u2019s largest and most experienced asset managers, Schwab Asset Management offers a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors. By operating through clients\u2019 eyes, and putting them at the center of our decisions, we aim to deliver exceptional experiences to investors and the financial professionals who serve them. As of March 31, 2025, Schwab Asset Management managed approximately $1.4 billion on a discretionary basis and $33.8 billion on a non-discretionary basis. More information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.schwabassetmanagement.com&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=www.schwabassetmanagement.com&amp;index=2&amp;md5=b723f0d60d55899e070689f9ab6c6906\">www.schwabassetmanagement.com<\/a>.<\/p>\n<p><b>About Charles Schwab<\/b><\/p>\n<p>\nAt Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients\u2019 goals with passion and integrity.<\/p>\n<p>\nMore information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aboutschwab.com&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=www.aboutschwab.com&amp;index=3&amp;md5=761cb5460bec4ebe5e0a965117b73fea\">www.aboutschwab.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2FCharlesSchwab&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=X&amp;index=4&amp;md5=9dd7a717202888e6b93930e7f01ee49d\">X<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FCharlesSchwab&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=ad470a148f3eb3e6b151c693a1c81338\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2F%40CharlesSchwab&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=YouTube&amp;index=6&amp;md5=25034ca3178013a45328ddf7aa190d6a\">YouTube<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcharles-schwab%2F&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=7&amp;md5=aa680938c17d22d15635ce682e9cd09f\">LinkedIn<\/a>.<\/p>\n<p><b>Disclosures:<\/b><\/p>\n<p><b>Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can view and download a prospectus by visiting <\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.schwabassetmanagement.com%2Fprospectus&amp;esheet=54270338&amp;newsitemid=20250609650185&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.schwabassetmanagement.com%2Fprospectus&amp;index=8&amp;md5=99d3a228352a065ed64ebe8324054986\">https:\/\/www.schwabassetmanagement.com\/prospectus<\/a><b>. Please read it carefully before investing.<\/b><\/p>\n<p>\nInvestment returns will fluctuate and are subject to market volatility, so that an investor\u2019s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).<\/p>\n<p>\nDiversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.<\/p>\n<p>\nSchwab Asset Management<sup>\u00ae<\/sup> is the dba name for Charles Schwab Investment Management, Inc., the investment adviser for Schwab Funds, Schwab ETFs, and separately managed account strategies. Schwab Funds are distributed by Charles Schwab &amp; Co, Inc. (Schwab), Member SIPC. Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). Schwab Asset Management and Schwab are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation, and are not affiliated with SIDCO.<\/p>\n<p>\n0625-0059<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">____________________<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>1<\/sup> Source: Lipper, March 31, 2025.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\n\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250609650185r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250609650185\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250609650185\/en\/<\/a><\/span><\/p>\n<p>\nChristine Underhill<br \/>\n<br \/>Charles Schwab<br \/>\n<br \/>415-961-3790<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250609650185\/en\/372488\/3\/SCHW_logo-new_whitespace.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; Schwab Asset Management\u00ae, the asset management arm of The Charles Schwab Corporation and the fifth-largest provider of ETFs1, today announced the reduction of operating expense ratios (OERs) for four equity index ETFs along with forward share splits on six Schwab mutual funds. The ETF fee reductions, effective June 10, 2025, will make the cost of all Schwab equity and fixed income market cap-weighted index ETFs less than 10 basis points. The forward share splits include the Schwab 1000 Index\u00ae Fund (SNXFX), which, nearly 35 years after launch, will return to a net asset value (NAV) more closely aligned to its initial &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-858416","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; Schwab Asset Management\u00ae, the asset management arm of The Charles Schwab Corporation and the fifth-largest provider of ETFs1, today announced the reduction of operating expense ratios (OERs) for four equity index ETFs along with forward share splits on six Schwab mutual funds. The ETF fee reductions, effective June 10, 2025, will make the cost of all Schwab equity and fixed income market cap-weighted index ETFs less than 10 basis points. The forward share splits include the Schwab 1000 Index\u00ae Fund (SNXFX), which, nearly 35 years after launch, will return to a net asset value (NAV) more closely aligned to its initial &hellip; Continue reading &quot;Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-09T12:03:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250609650185r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits\",\"datePublished\":\"2025-06-09T12:03:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\\\/\"},\"wordCount\":943,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250609650185r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-asset-management-reduces-fees-on-four-equity-index-etfs-and-announces-mutual-fund-share-splits\\\/\",\"name\":\"Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits - 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