Advertisement
Skip to Content
Morningstar

Schwab CA Tax-Free Bond SWCAX

Morningstar Analyst Rating
Quantitative rating as of | See Charles Schwab Investment Hub
  • NAV / 1-Day Return 11.17  /  0.17 %
  • Total Assets 421.1 Mil
  • Adj. Expense Ratio
    0.480%
  • Expense Ratio 0.380%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.13%
  • Effective Duration 4.80 years

USD | NAV as of Feb 04, 2023 | 1-Day Return as of Feb 04, 2023, 1:11 AM GMT+00:00

Morningstar’s Analysis SWCAX

Will SWCAX 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 SWCAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SWCAX 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 SWCAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

|

Schwab CA Tax-Free Bond's Average Process Pillar and People Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

Unlock our full analysis with Morningstar Investor