The Schwab Municipal Bond ETF (Ticker: SCMB) is a sophisticated investment vehicle designed for discerning investors seeking stable income through high-quality, tax-efficient exposure to municipal bonds. As a member of the Government, Local Authority/Municipal category, SCMB offers a targeted focus on investment-grade municipal securities, ensuring that investors are engaging with bonds that possess a strong credit rating and a reliable payment history. The fund's broad maturities niche allows for a diversified portfolio that spans various term lengths, providing a balanced risk-return profile. By investing in SCMB, investors can take advantage of the tax-exempt status of municipal bonds, which can enhance after-tax returns, particularly for those in higher tax brackets. The ETF is meticulously managed to maintain its investment-grade focus, making it a prudent choice for investors seeking to preserve capital while generating tax-free income.
Asset Class
Fixed Income
Region
North America
Issuer
Schwab
Index Tracked
ICE AMT-Free Core U.S. National Municipal Index - Benchmark TR Gross
Ticker Symbol
SCMB
Schwab Municipal Bond ETF (SCMB) Fund Flow Chart
Schwab Municipal Bond ETF (SCMB) 1 year Net Flows: $672M
SCMB ETF FAQ
What was SCMB’s price range in the past 12 months?
SCMB lowest ETF price was $25.37 and its highest was $26.37 in the past 12 months.