Schwab California Tax-Free Bond Fund™ (SWCAX)

Fund Assets	547.14M
Expense Ratio	0.391%
Min. Investment	$0.00
Turnover	35.00%
Dividend (ttm)	0.35
Dividend Yield	3.21%
Dividend Growth	-2.71%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	10.81
YTD Return	0.18%
1-Year Return	0.72%
5-Year Return	2.06%
52-Week Low	10.36
52-Week High	11.27
Beta (5Y)	0.21
Holdings	452
Inception Date	Feb 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
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: SWCAX
• Index: Index is not available on Lipper Database

Performance

SWCAX had a total return of 0.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.08%.

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.02884	Oct 30, 2026
Sep 30, 2026	$0.02958	Sep 30, 2026
Aug 31, 2026	$0.02688	Aug 31, 2026
Jul 31, 2026	$0.03091	Jul 31, 2026
Jun 30, 2026	$0.02894	Jun 30, 2026
May 29, 2026	$0.02855	May 29, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Nov 9, 2026

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