Schwab Opportunistic Municipal Bond Fund (formerly Schwab High Yield Municipal Bond Fund)**

Type: Mutual Funds Symbol: SWHYX Net Expense Ratio: 0.500%

Summary

Objective

The fund seeks to generate interest income that is not subject to federal income tax.

Highlights

  • Actively managed fund that provides investors with access to the investment grade municipal bond market
  • The Fund utilizes a flexible investment process that allows it to pursue opportunities in the municipal bond market of any maturity, duration and credit quality, including below investment grade securities
  • Invests at least 80% of its net assets in investment grade municipal securities2
  • Experienced portfolio managers, benefiting from extensive credit research, apply proprietary investment techniques and risk analyses in making investment decisions for the fund
  • No investment minimums or loads
  • SWHYX is the successor to the investment performance of the Wasmer Schroeder High Yield Municipal Fund (Predecessor Fund) as a result of the reorganization of the Predecessor Fund into SWHYX on August 10, 2020. 

Fund Details

Performance

Portfolio

Distributions