SCMBSchwab Municipal Bond ETF

Get income3y track recordRanked #90 of 1,622 in this goal

Tracks the total return of an index measuring the U.S. AMT-free municipal bond market.

By Schwab ETFs · Launched 2022

Annual Cost

0.03%

#190 of 5,562 · low cost

Fund Size

$3.9B

#496 of 5,562 · large

Dividend YieldGoal

3.56%

Track Record

3 years

#2,815 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,655+6.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE AMT-Free Core US National Municipal Index

What it actually holds

By weight

Concentration

Top 10 holdings = 3.9% of fund✓ well diversified

New York City Transitional Finance Authority Future Tax Secured Revenue

0.4%

Illinois Finance Authority

0.4%

City of New York NY

0.4%

Gwinnett County School District

0.4%

Gwinnett County School District

0.4%

Private Colleges & Universities Authority

0.4%

Massachusetts Development Finance Agency

0.4%

State of California Department of Water Resources

0.4%

Metropolitan Government of Nashville & Davidson County TN

0.4%

Los Angeles Unified School District/CA

0.3%

Asset allocation

Bonds

98.9%

Cash

1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.9%Low

Year-on-year price swings

Max drawdown

-6.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

-0.04Below average

Sortino (3Y)

-0.05Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

10.4 years

Credit ratings

AAA

18.6%

64.7%

15.2%

BBB

1.1%

Other

0.5%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the total return of an index measuring the U.S. AMT-free municipal bond market.
Strategy: Invests primarily in securities included in the ICE AMT-Free Core U.S. National Municipal Index, which measures U.S. dollar denominated investment grade tax-exempt debt issued by U.S. states and territories.
Inception date: October 11, 2022
Fund family: Schwab ETFs