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Schwab Municipal Bond ETF SCMB

Morningstar Medalist Rating
Medalist Rating as of | See Charles Schwab Investment Hub

Morningstar’s Analysis SCMB

Will SCMB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SCMB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SCMB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SCMB’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Schwab Municipal Bond ETF's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SCMB

More SCMB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 1.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y 3.35%

0.25 780,000
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.35%

0.23 700,000
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

0.19 595,347
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.35%

0.19 580,000
municipal

ILLINOIS ST 5%

0.18 550,420
municipal

CHICAGO ILL 5.5%

0.17 527,519
municipal

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%

0.17 516,966
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4%

0.16 502,254
municipal

ENERGY NORTHWEST WASH ELEC REV 4%

0.16 477,161
municipal

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%

0.15 465,596
municipal