Schwab Tax-Free Bond Fund™ (SWNTX)
| Fund Assets | 616.56M |
| Expense Ratio | 0.38% |
| Min. Investment | $0.00 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.54% |
| Dividend Growth | 0.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.80 |
| YTD Return | -0.81% |
| 1-Year Return | 4.27% |
| 5-Year Return | 2.12% |
| 52-Week Low | 10.43 |
| 52-Week High | 11.12 |
| Beta (5Y) | 0.24 |
| Holdings | 420 |
| 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 4.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03193 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0311 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03268 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02997 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03393 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03089 | Sep 30, 2025 |