Morningstar

Schwab Municipal Bond ETF SCMB

Medalist Rating as of Sep 30, 2026 See Charles Schwab Investment Hub

Strategy

The investment seeks to track as closely as possible, before fees and expenses, the total return of the ICE AMT-Free Core U.S. National Municipal Index that measures the performance of the U.S. AMT-free municipal bond market. The index measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by U.S. states and territories as well as their political subdivisions. Under normal circumstances, the fund may invest up to 20% of its net assets in securities not included in its index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SCMB	Schwab Municipal Bond ETF	ETF	Open			Oct 11, 2022	$4.07B	0.030%	—	—	$1.67B

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