Schwab Opportunistic Municipal Bond (SWHYX)
| Fund Assets | 66.59M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 181.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.30% |
| Dividend Growth | 4.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.56 |
| YTD Return | -2.32% |
| 1-Year Return | -2.58% |
| 5-Year Return | -0.04% |
| 52-Week Low | 8.42 |
| 52-Week High | 9.21 |
| Beta (5Y) | 0.27 |
| Holdings | 245 |
| Inception Date | Mar 31, 2014 |
About SWHYX
The Schwab Opportunistic Municipal Bond Fund is an actively managed mutual fund focused on generating income that is exempt from regular federal income tax. It primarily invests in investment-grade municipal securities, with at least 80% of its assets allocated accordingly, but it also has the flexibility to include securities of varying maturities, durations, and credit qualities, including up to 20% in below investment-grade bonds. The fund's portfolio is diversified across general obligation and revenue obligation municipal bonds, and may also include other forms such as variable rate securities, municipal notes, and certificates of participation. Managed by experienced portfolio managers leveraging proprietary credit research and rigorous risk analysis, the fund seeks to capture opportunities across the municipal bond market while maintaining a strong emphasis on risk control and tax efficiency. It is notable for offering no investment minimums or sales loads, and is designed to appeal to investors seeking federally tax-free income from a broad universe of U.S. municipal issuers. The fund plays a significant role in the fixed income market by providing access to tax-advantaged municipal debt and financial flexibility to adapt to changing market conditions.
Performance
SWHYX had a total return of -2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.08%.
Top 10 Holdings
7.98% of assets| Name | Symbol | Weight |
|---|---|---|
| LEE CNTY FLA INDL DEV AUTH HEALTH CARE FACS REV 4.75% | FL.LEEMED 4.75 11.15.2029 | 0.91% |
| JEFFERSON CNTY ALA SWR REV 5.5% | AL.JEFUTL 5.5 10.01.2053 | 0.89% |
| PORT VANCOUVER WASH 5% | WA.PTV 5 12.01.2033 | 0.80% |
| SOUTH CAROLINA ST PUB SVCS AUTH REV 5.75% | SC.SCSUTL 5.75 12.01.2047 | 0.79% |
| MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5.25% | MA.MASTRN 5.25 07.01.2055 | 0.78% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25% | NY.NYCGEN 5.25 05.01.2051 | 0.77% |
| COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 5% | PA.CMNGEN 5 06.01.2035 | 0.77% |
| WASHINGTON ST 5% | WA.WAS 5 02.01.2034 | 0.76% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | AL.BBEUTL 07.01.2052 | 0.76% |
| CHATTANOOGA TENN HEALTH EDL & HSG FAC BRD REV 5% | TN.CHAMED 5 10.01.2029 | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.028 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0675 | Jun 30, 2025 |
| May 30, 2025 | $0.027 | May 30, 2025 |
| Apr 30, 2025 | $0.0283 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0268 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0283 | Feb 28, 2025 |