Schwab Opportunistic Municipal Bond (SWHYX)

Fund Assets	96.40M
Expense Ratio	0.50%
Min. Investment	$0.00
Turnover	39.00%
Dividend (ttm)	0.32
Dividend Yield	3.72%
Dividend Growth	-12.01%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	8.61
YTD Return	-0.45%
1-Year Return	4.66%
5-Year Return	-0.12%
52-Week Low	8.56
52-Week High	9.02
Beta (5Y)	0.28
Holdings	346
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.

• Fund Family: Schwab
• Category: Muni National Long
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SWHYX
• Index: Bloomberg Municipal Bond TR

Performance

SWHYX had a total return of 4.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.73%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FLUVX	Fidelity	Fidelity Advisor Municipal Income M	0.75%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.50%
FROGX	Fidelity	Fidelity Advisor Municipal Income I	0.50%
FUENX	Fidelity	Fidelity Flex Municipal Income Fund	n/a
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%

Top 10 Holdings

6.24% of assets

Name	Symbol	Weight
MAIN STR ENERGY INC GA ENERGY PROJ REV 5%	GA.MSEPWR 5 12.01.2033	0.80%
NATIONAL FIN AUTH N H SOLID WASTE DISP REV 3.25%	NH.NFADEV 10.01.2033	0.77%
FRANKLIN CNTY OHIO HOSP REV 3.05%	OH.FRAMED 11.01.2065	0.72%
LEE CNTY FLA INDL DEV AUTH HEALTH CARE FACS REV 4.75%	FL.LEEMED 4.75 11.15.2029	0.62%
NEW YORK N Y 5%	NY.NYC 5 08.01.2032	0.56%
DALLAS FORT WORTH TEX INTL ARPT REV 5.25%	TX.DALAPT 5.25 11.01.2037	0.56%
OAKLAND CALIF UNI SCH DIST ALAMEDA CNTY 5%	CA.OAKSCD 5 08.01.2030	0.56%
PORT VANCOUVER WASH 5%	WA.PTV 5 12.01.2033	0.55%
SOUTH CAROLINA ST PUB SVC AUTH REV 5.75%	SC.SCSUTL 5.75 12.01.2047	0.55%
VAN BUREN MICH PUB SCHS 5%	MI.VANSCD 5 11.01.2039	0.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.0267	Aug 31, 2026
Jul 31, 2026	$0.0281	Jul 31, 2026
Jun 30, 2026	$0.0265	Jun 30, 2026
May 29, 2026	$0.027	May 29, 2026
Apr 30, 2026	$0.0267	Apr 30, 2026
Mar 31, 2026	$0.0264	Mar 31, 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:

Sep 4, 2026

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