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Morningstar

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 least expensive 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 0
  • Bond Holdings 702
  • Other Holdings 6
  • % Assets in Top 10 Holdings 5.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

0.89
1,226,779
Cash and Equivalents

MASSACHUSETTS ST 5.25%

0.75
1,026,596
municipal

MARYLAND ST 5%

0.59
807,093
municipal

CONNECTICUT ST SPL TAX OBLIG REV 5%

0.56
777,173
municipal

CALIFORNIA EDL FACS AUTH REV 5%

0.56
774,650
municipal

CALIFORNIA ST 5%

0.56
764,828
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

0.55
753,843
municipal

PORT HOUSTON AUTH TEX HARRIS CNTY REV 5%

0.53
736,778
municipal

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

0.53
731,879
municipal

TRINITY RIVER AUTH TEX REGL WASTEWTR SYS REV 3%

0.49
679,671
municipal