To my surprise, I logged on to my Schwab account today and the SWLBX has been liquidated and closed, and all of my bond money is now in cash. Apparently they just closed the fund. So, check your Schwab accounts. Maybe I got an email about this, but I sure don't remember it. I just happened to check my account today or I wouldn't have known.
Now, I need a new total bond fund. It looks like the closest thing is SWAGX? There are numerous non-Schwab bond index funds as well, but with higher expense ratios. SWAGX is 0.04%, next lowest is VBMFX at 0.15%. Any suggestions? Did anyone else have this happen to them?
Now, I need a new total bond fund. It looks like the closest thing is SWAGX? There are numerous non-Schwab bond index funds as well, but with higher expense ratios. SWAGX is 0.04%, next lowest is VBMFX at 0.15%. Any suggestions? Did anyone else have this happen to them?
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