Schwab Municipal Bond ETF (SCMB)
| Assets | $3.53B |
| Expense Ratio | 0.03% |
| PE Ratio | n/a |
| Shares Out | 138.80M |
| Dividend (ttm) | $0.86 |
| Dividend Yield | 3.38% |
| Ex-Dividend Date | Mar 2, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 1,232,860 |
| Open | 25.46 |
| Previous Close | 25.42 |
| Day's Range | 25.46 - 25.53 |
| 52-Week Low | 24.21 |
| 52-Week High | 26.20 |
| Beta | 0.36 |
| Holdings | 6228 |
| Inception Date | Oct 12, 2022 |
About SCMB
Fund Home PageThe Schwab Municipal Bond ETF (SCMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment grade tax-exempt debt, issued by US states and territories with varying maturities. SCMB was launched on Oct 12, 2022 and is issued by Charles Schwab.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 2, 2026 | $0.0784 | Mar 6, 2026 |
| Feb 2, 2026 | $0.0721 | Feb 6, 2026 |
| Dec 19, 2025 | $0.0722 | Dec 26, 2025 |
| Dec 1, 2025 | $0.0721 | Dec 5, 2025 |
| Nov 3, 2025 | $0.0822 | Nov 7, 2025 |
| Oct 1, 2025 | $0.0763 | Oct 7, 2025 |
Performance
SCMB had a total return of 3.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.72%.
News
This Low-Cost Muni ETF Is Worth a Look
Municipal bonds are off to solid starts in 2026. That indicates advisors and income investors can revisit the asset class known for safety.
SCMB: Perfectly Sensible ETF But Not Obviously Worth It
The end result of the investment strategy here seems not worth it to me. The tax breaks on municipal income make them a good fit for higher-rate taxpayers looking for income. Holding the full universe...
SCMB: Schwab Offers Low Cost Municipal Bond ETF But Not Great Results
With the GOP controlling Congress and the White House, current tax rates from 2017 are likely to extend beyond 2025. The Schwab Municipal Bond ETF offers a low-cost, tax-efficient investment in U.S. i...
Schwab Asset Management Announces ETF Share Splits
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced forward share splits on 20 Schwab ETFs. Forward ETF share splits...
The opportunity is not over in municipal bonds, says Parametric's Nisha Patel
Nisha Patel, Parametric fixed income portfolio manager, joins 'The Exchange' to discuss the municipal bond market as rate cuts and municipal bond demand grows.
Schwab Asset Management Reduces Fees on Two Fixed Income ETFs, Pricing Its Entire Fixed Income Lineup at Three Basis Points
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management™, the asset management arm of The Charles Schwab Corporation and the fifth-largest provider1 of ETFs, today announced the reduction of operati...
The Schwab Municipal Bond ETF (SCMB) Begins Trading
WESTLAKE, Texas--(BUSINESS WIRE)--Today, the Schwab Municipal Bond ETF (SCMB) begins trading on the NYSE Arca.