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Morningstar

Schwab CA Tax-Free Bond SWCAX

Morningstar Medalist Rating
Medalist Rating as of | See Charles Schwab Investment Hub
  • NAV / 1-Day Return 11.06  /  +0.01 %
  • Total Assets 434.3 Mil
  • Adj. Expense Ratio
    0.380%
  • 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 —
  • Status Open
  • TTM Yield 2.82%
  • Effective Duration 4.90 years

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 11:56 PM GMT+0

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.

Schwab CA Tax-Free Bond's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 SWCAX

More SWCAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA PUB FIN AUTH REV 4.05%

2.86 12.5 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5%

1.47 6.4 Mil
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.95%

1.37 6.0 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.30 5.7 Mil
municipal

BEVERLY HILLS CALIF UNI SCH DIST 0.01%

1.19 5.2 Mil
municipal

CALIFORNIA ST 5%

1.17 5.1 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

1.15 5.0 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5%

1.06 4.6 Mil
municipal

SACRAMENTO CALIF AREA FLOOD CTL AGY 5%

0.94 4.1 Mil
municipal

RIVERSIDE CNTY CALIF TRANSN COMMN TOLL REV 4%

0.92 4.0 Mil
municipal