Skip to Content
Morningstar

Schwab Opportunistic Municipal Bond SWHYX

Morningstar Medalist Rating
Medalist Rating as of | See Charles Schwab Investment Hub
  • NAV / 1-Day Return 9.04  /  −0.11 %
  • Total Assets 61.6 Mil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.77%
  • Effective Duration 7.57 years

USD | NAV as of May 18, 2024 | 1-Day Return as of May 18, 2024, 12:00 AM GMT+0

Morningstar’s Analysis SWHYX

Will SWHYX 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 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.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Schwab Opportunistic Municipal Bond to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings SWHYX

More SWHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN TRANSN AUTH N Y REV 3.75%

2.12 1.3 Mil
municipal

THREE RIVS WASH REGL WASTEWATER AUTH WASTEWATER REV 4%

1.59 975,558
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.43 875,257
municipal

COMPTON CALIF CMNTY COLLEGE DIST 4%

1.32 813,112
municipal

SOUTHCENTRAL MINN MULTI-CNTY HSG & REDEV AUTH POOLED HSG & DEV REV 8%

1.23 758,100
municipal

MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 3.95%

1.16 710,000
municipal

JEFFERSON CNTY ALA SWR REV 5.5%

1.02 626,571
municipal

MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 3.75%

1.01 620,000
municipal

CALIFORNIA ST 5%

0.92 564,871
municipal

SOUTH CAROLINA ST PUB SVCS AUTH REV 5.75%

0.90 550,271
municipal