Schwab Tax-Free Bond (SWNTX)
| Fund Assets | 529.62M |
| Expense Ratio | 0.38% |
| Min. Investment | $0.00 |
| Turnover | 127.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.61% |
| Dividend Growth | 4.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.66 |
| YTD Return | -1.81% |
| 1-Year Return | -1.15% |
| 5-Year Return | -2.65% |
| 52-Week Low | 10.43 |
| 52-Week High | 11.16 |
| Beta (5Y) | 0.21 |
| Holdings | 390 |
| Inception Date | Sep 11, 1992 |
About SWNTX
Schwab Tax-Free Bond Fund is an actively managed municipal bond mutual fund designed to deliver high current income that is exempt from federal income tax while emphasizing capital preservation. The portfolio primarily invests in investment‑grade municipal securities, with a policy to keep at least 80% of net assets in bonds whose interest is federally tax‑exempt, including securities subject to the alternative minimum tax. The fund targets an intermediate interest‑rate profile, aligning with a medium credit quality and moderate interest‑rate sensitivity category within the national municipal segment. It features no sales loads and no investment minimums, aiming to provide broad accessibility alongside a disciplined, research‑driven process that applies proprietary credit analysis and risk management. The strategy typically allocates across diversified state and local issuers and revenue sectors such as transportation, education, tobacco settlement, and essential-service financings, seeking resilient tax‑exempt income streams. With an expense ratio positioned competitively relative to peers and a distribution fee level assessed as low, the fund plays a role as a core tax‑exempt fixed income holding for investors prioritizing federally tax‑free income and stability.
Performance
SWNTX had a total return of -1.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.93%.
Top 10 Holdings
8.88% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW JERSEY ST EDL FACS AUTH REV 5% | NJ.NJSEDU 07.01.2064 | 1.03% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2034 | 0.97% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY.NYCGEN 5 05.01.2039 | 0.97% |
| PEFA INC IOWA GAS PROJ REV 5% | IA.PEFUTL 09.01.2049 | 0.95% |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% | NY.NYSHGR 5 03.15.2046 | 0.94% |
| DALLAS TEX SPL TAX REV 6% | TX.DAL 08.15.2053 | 0.94% |
| ARIZONA HEALTH FACS AUTH REV 4% | AZ.AZSMED 01.01.2046 | 0.81% |
| CALIFORNIA PUB FIN AUTH SR LIVING REV 6.375% | CA.CASMED 6.38 06.01.2059 | 0.79% |
| CORPUS CHRISTI TEX UTIL SYS REV 5% | TX.CRIUTL 5 07.15.2047 | 0.77% |
| SOUTH CAROLINA ST PUB SVCS AUTH REV 4% | SC.SCSUTL 4 12.01.2040 | 0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03198 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03116 | Jun 30, 2025 |
| May 30, 2025 | $0.03288 | May 30, 2025 |
| Apr 30, 2025 | $0.03263 | Apr 30, 2025 |
| Mar 31, 2025 | $0.030 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03214 | Feb 28, 2025 |