Schwab Municipal Bond ETF (SCMB)
- Expense ratio0.03%
- Net assets$4.02B
- Dividend yield3.88%
- 1-year return-1.16%
- Duration7.47 yrs
SCMB ETF price chart
SCMB quote & trading statistics
SCMB performance
Annual returns & drawdowns →- YTD-1.46%
- 1 year-1.16%
- 3 years+4.00%/yr
- 1Y volatility
- 5.86%
- 3Y volatility
- 5.94%
- 3Y Sharpe ratio
- -0.32
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
SCMB bond portfolio
Rate scenarios & peers →- Yield to maturity
- 4.56%
- Effective duration
- 7.47 yrs
- Average maturity
- 10.8 yrs
- Average coupon
- 4.82%
A one-percentage-point rise in interest rates would lower the price by about 7.5%.
About Schwab Municipal Bond ETF
The index measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by U.S. states and territories as well as their political subdivisions. Under normal circumstances, the fund may invest up to 20% of its net assets in securities not included in its index.
SCMB ETF FAQ
What is the SCMB expense ratio?
Schwab Municipal Bond ETF has a net expense ratio of 0.03%, or $3.00 a year for every $10,000 invested.
How much money is in SCMB?
Schwab Municipal Bond ETF has about $4.02B in net assets.
How has SCMB performed?
SCMB returned -1.16% over the past year, including reinvested distributions.
Does SCMB pay dividends?
SCMB has a dividend yield of 3.88%.
When was SCMB launched?
Schwab Municipal Bond ETF began trading on October 11, 2022.