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Schawb splits several of their index funds

https://www.sec.gov/Archives/edgar/data/869365/000110465925057427/tm2517154-1_497.htm


Schwab 1000 Index® Fund

Schwab® S&P 500 Index Fund
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Schwab® Total Stock Market Index Fund
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Schwab® U.S. Large-Cap Growth Index Fund
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Schwab® U.S. Large-Cap Value Index Fund
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Schwab® U.S. Mid-Cap Index Fund

Comments

  • Schwab 1000 Fund SNXFX $129.11. So, after 10 for 1 split, price will be around $13. Still looks like busy work for mutual funds.

    Schwab 1000 ETF SCHK $29 won't be affected.
  • They probably just want to make it more attractive to retail investors who balk at 'expensive' price quotes...
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