Morningstar

Schwab Opportunistic Municipal Bond Fund SWHYX

Morningstar Medalist Rating
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Medalist Rating as of See Charles Schwab Investment Hub
  • NAV / 1-Day Return $8.29  /  +0.61 %
  • Fund Size $82.5M
  • Adjusted Expense Ratio 0.500%
  • Net Expense Ratio 0.500%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Muni National Long
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 3.93%
  • Average Effective Duration 8.21 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis SWHYX

Will SWHYX outperform in the 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 SWHYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Schwab Opportunistic Municipal Bond holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings SWHYX

More SWHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y 3.1%

1.82 2M
municipal

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%

0.81 785,536
municipal

NATIONAL FIN AUTH N H SOLID WASTE DISP REV 3.25%

0.77 750,192
municipal

LEE CNTY FLA INDL DEV AUTH HEALTH CARE FACS REV 4.75%

0.62 600,916
municipal

NEW YORK N Y 5%

0.56 547,796
municipal

OAKLAND CALIF UNI SCH DIST ALAMEDA CNTY 5%

0.56 542,190
municipal

DALLAS FORT WORTH TEX INTL ARPT REV 5.25%

0.56 539,516
municipal

PORT VANCOUVER WASH 5%

0.55 536,287
municipal

SOUTH CAROLINA ST PUB SVC AUTH REV 5.75%

0.55 532,469
municipal

ILLINOIS ST 5.5%

0.54 520,554
municipal

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