Fund Evaluator:

Schwab Large Cap Growth Opportunities Overview

Schwab Large Cap Growth Opportunities (LGILX) is an actively managed U.S. Equity Large Growth fund. Schwab Funds launched the fund in 1997.

The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (including, for this purpose, and borrowing for investment purposes) in large cap growth equity securities of U.S. companies. Large cap growth equity securities are equity securities that (i) have a market capitalization of at least $3 billion at the time of investment; and (ii) are included in the Russell 1000® Growth Index, the fund’s comparative index. In addition, up to 20% of the fund’s net assets may be invested in foreign equity securities. Investments in equity securities include common stock and preferred stock.

About Schwab Large Cap Growth Opportunities (LGILX)

There are 10 members of the management team with an average tenure of 2.79 years: John Greves (2023), Jeffrey Bourke (2023), Tony Creasy (2023), Joseph Wilson (2023), Holly Morris (2023), Larry Lee (2023), Robert Maloney (2023), Tong Li (2024), Keith Lee (2023), Giri Devulapally (2023). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) index with a weighting of 100% and Russell 1000 Growth TR USD index with a weighting of 100%. Schwab Large Cap Growth Opportunities has 115 securities in its portfolio. The top 10 holdings constitute 47.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Schwab Large Cap Growth Opportunities is part of the Equity global asset class and is within the U.S. Equity fund group. Schwab Large Cap Growth Opportunities has 2.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 92.7%. There is 2.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Schwab Large Cap Growth Opportunities has 4.9% of the portfolio in cash.

Assets Under Management

The fund has $2 billion in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

LGILX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Schwab Large Cap Growth Opportunities expense ratio is above average compared to funds in the Large Growth category. Schwab Large Cap Growth Opportunities has an expense ratio of 0.74%, which is 23% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Schwab Large Cap Growth Opportunities has a portfolio turnover rate of 39%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.

Recently, in the month of July 2026, Schwab Large Cap Growth Opportunities returned -5.0%, which earned it a grade of D, as the Large Growth category had an average return of -3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Schwab Large Cap Growth Opportunities has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Schwab Large Cap Growth Opportunities Grades

Year to date, the fund has returned 0.9%, 2.8 percentage points worse than the category, which translates into a grade of D. The fund has returned 7.7% over the past year (grade of C), 17.6% over the past three years (grade of C) and 7.4% per year over the past five years (grade of D) and 15.3% per year over the past 10 years (grade of C).

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Schwab Large Cap Growth Opportunities, including its riskiness, submit your email to unlock the rest of the article.