Schwab CA Tax-Free Bond (SWCAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.04
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets467.38M
Expense Ratio0.38%
Min. Investment$0.00
Turnover81.00%
Dividend (ttm)0.35
Dividend Yield3.19%
Dividend Growth4.15%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close11.04
YTD Return0.27%
1-Year Return-0.08%
5-Year Return-0.61%
52-Week Low10.60
52-Week High11.26
Beta (5Y)0.19
Holdings364
Inception DateFeb 24, 1992

About SWCAX

Schwab California Tax-Free Bond Fund is an actively managed municipal bond mutual fund focused on delivering a high level of current income that is exempt from federal and California personal income taxes, while emphasizing capital preservation. The fund primarily invests in investment-grade securities issued by California state and local entities, allocating at least 80% of net assets to municipal bonds whose interest is exempt from both federal and California personal income tax, including the alternative minimum tax. Its portfolio spans essential-service and infrastructure financings such as transportation, airports, water districts, schools, and clean energy projects, reflecting broad exposure to the state’s public finance ecosystem. The strategy leverages dedicated credit research and active risk management to balance income generation with credit quality and interest rate sensitivity typical of the intermediate muni category. With no investment minimums and a no-load structure, the fund provides accessible, tax-efficient fixed income exposure tailored to California residents seeking municipal income within a diversified, investment-grade framework.

Fund Family Schwab
Category Muni California Intermediate
Stock Exchange NASDAQ
Ticker Symbol SWCAX
Index Index is not available on Lipper Database

Performance

SWCAX had a total return of -0.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.

Top 10 Holdings

10.92% of assets
NameSymbolWeight
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5%CA.CCEDEV 05.01.20541.35%
CALIFORNIA ST 5%CA.CAS 5 08.01.20351.21%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%CA.SFOAPT 5 05.01.20331.16%
BEVERLY HILLS CALIF UNI SCH DIST 0.01%CA.BEVSCD 0 08.01.20341.14%
LOS ANGELES CALIF 5%CA.LOS 5 06.25.20261.09%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%CA.CCEDEV 05.01.20531.08%
CALIFORNIA ST 5%CA.CAS 5 10.01.20251.07%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5%CA.CCEDEV 10.01.20541.03%
IRVINE RANCH CALIF WTR DIST 2.9%CA.IVRWTR 10.01.20370.94%
LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5%CA.LOSFAC 5 12.01.20330.86%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.03075Aug 29, 2025
Jul 31, 2025$0.02954Jul 31, 2025
Jun 30, 2025$0.02879Jun 30, 2025
May 30, 2025$0.03023May 30, 2025
Apr 30, 2025$0.02999Apr 30, 2025
Mar 31, 2025$0.02742Mar 31, 2025
Full Dividend History