The Schwab 1000 Index Fund is celebrating 15 years without taxable capital gains distributions. It is the only fund of its age to be included in Morningstar's large-cap index category with such a record.

"Schwab's heritage in the asset management business began with the Schwab 1000," said Schwab Chairman and CEO Charles R. Schwab. "In this one fund, investors can own 1,000 of America's greatest companies, gaining exposure to nearly 90% of the value of the U.S. market diversified over 70 different industries. I am particularly proud that we've been able to provide clients with this tremendous diversification, solid performance and significant tax savings, which translate into greater returns for investors."

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