Schwab Opportunistic Municipal Bond (SWHYX)

Fund Assets	83.02M
Expense Ratio	0.50%
Min. Investment	$0.00
Turnover	39.00%
Dividend (ttm)	0.32
Dividend Yield	3.79%
Dividend Growth	-11.34%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	8.52
YTD Return	-0.47%
1-Year Return	-0.09%
5-Year Return	0.61%
52-Week Low	8.17
52-Week High	9.02
Beta (5Y)	0.29
Holdings	325
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 -0.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.71%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%
FHUGX	Fidelity	Fidelity Advisor Municipal Income A	0.73%
FIWEX	Fidelity	Fidelity Advisor Municipal Income Z	0.41%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.44%
FLUVX	Fidelity	Fidelity Advisor Municipal Income M	0.73%

Top 10 Holdings

7.84% of assets

Name	Symbol	Weight
ILLINOIS FIN AUTH REV 3.65%	IL.ILSGEN 08.15.2049	1.61%
MAIN STR ENERGY INC GA ENERGY PROJ REV 5%	GA.MSEPWR 5 12.01.2033	0.90%
NATIONAL FIN AUTH N H SOLID WASTE DISP REV 3.25%	NH.NFADEV 10.01.2033	0.89%
LEE CNTY FLA INDL DEV AUTH HEALTH CARE FACS REV 4.75%	FL.LEEMED 4.75 11.15.2029	0.72%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.6%	NY.NYCUTL 06.15.2044	0.72%
PORT VANCOUVER WASH 5%	WA.PTV 5 12.01.2033	0.62%
COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 5%	PA.CMNGEN 5 06.01.2035	0.60%
BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%	AL.BBEUTL 07.01.2052	0.60%
CHATTANOOGA TENN HEALTH EDL & HSG FAC BRD REV 5%	TN.CHAMED 5 10.01.2029	0.59%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP V GAS SUPPLY REV 5%	TX.TXSUTL 5 04.01.2036	0.59%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.0272	Oct 30, 2026
Sep 30, 2026	$0.0298	Sep 30, 2026
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

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 5, 2026

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