Schwab California Tax-Free Bond Fund

Type: Mutual Funds Symbol: SWCAX Net Expense Ratio: 0.490%

Summary

Objective

The fund seeks high current income exempt from federal and California personal income tax that is consistent with capital preservation.

Highlights

  • Actively managed fund that primarily invests in investment-grade municipal securities from California issuers, with at least 80% of its net assets invested in municipal securities with interest income exempt from California and federal personal income tax, including AMT
  • Experienced portfolio managers, benefiting from extensive credit research, actively seek to maximize current income within the limits of the fund’s credit and average maturity standards by applying proprietary investment techniques and risk analyses in making investment decisions for the fund
  • No investment minimums and no loads

Fund Details

Performance

Portfolio

Distributions