Schwab Municipal Bond ETF (SCMB)
| Assets | $3.55B |
| Expense Ratio | 0.03% |
| PE Ratio | n/a |
| Shares Out | 134.60M |
| Dividend (ttm) | $0.90 |
| Dividend Yield | 3.67% |
| Ex-Dividend Date | Sep 1, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 2,014,246 |
| Open | 24.62 |
| Previous Close | 24.61 |
| Day's Range | 24.48 - 24.65 |
| 52-Week Low | 24.48 |
| 52-Week High | 26.20 |
| Beta | 0.32 |
| Holdings | 7212 |
| 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 |
|---|---|---|
| Sep 1, 2026 | $0.0675 | Sep 8, 2026 |
| Aug 3, 2026 | $0.0817 | Aug 7, 2026 |
| Jul 1, 2026 | $0.0755 | Jul 8, 2026 |
| Jun 1, 2026 | $0.0738 | Jun 5, 2026 |
| May 1, 2026 | $0.074 | May 7, 2026 |
| Apr 1, 2026 | $0.0761 | Apr 8, 2026 |
Performance
SCMB had a total return of -1.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.76%.
News
Yield, Duration, & Taxes: Investors Pour Billions Into Schwab Bond ETFs
Whether fixed income investors are focused on locking in yield, managing duration risk, or building resilient core portfolios, bond ETFs have been seeing elevated demand this year.
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.