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›ETF Providers›Schwab ETFs›SCMB
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SCMB
US8085246499
Passive ETFFixed Income

SCMB ETF · Schwab Municipal Bond ETF

The SCMB Exchange Traded Fund (ETF) is provided by Schwab ETFs. It is built to track an index: ICE AMT-Free Core U.S. National Municipal Index. The SCMB ETF provides physical exposure, so by buying it you actually own parts of all the 601 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Today at 5:37 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.+1.06%
Last price
$25.78
+0.02%
1M perf.
+1.29%
1M flows
+€22M
AuM
€3.12B
E/R
0.03%
Rating
Not rated
ESG Consensus®
esg grade icon
SCMB
$25.78
+0.02%

Performance & flows

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January 23, 2026 → April 23, 2026
0-1.00-0.500.000.501.001.50%FEBMARAPRFEBMARAPR
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SCMB
$25.77
+0.56%
Municipal Bonds
+0.57%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+1.29%
icon
+0.56%
icon
+7.40%
icon
+9.73%
icon
N/A
+1.40%
+1.40%
+1.06%
icon
Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
CUSIP
808524649
ISIN
US8085246499
AuM
€3.12B
icon
E/R
0.03%
icon
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
4/23/2026
$25.77
1D NAV change
+0.05%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
601
Inception date
10/12/2022
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
ICE AMT-Free Core U.S. National Municipal Index
Asset class
Factors
N/A
Investment strategy
The fund’s goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of the U.S. AMT-free municipal bond market.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+0.56%
icon
+7.40%
icon
+9.73%
icon
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
100.00%
Sectors
Municipal
37.23%
Unavailable
62.77%
Diversification
Total weight of top 15 holdings out of 601
Top 15 holdings
Data as of March 31, 2026
US403755Z204
Massachusetts, 5% 1nov2043, USD (2017)
City of New York, FRN 1apr2042, USD
US592112XL58
US64966SLQ74
US64972JQE19
California Department of Water Resources, 5% 1dec2034, USD
City of New York, 5% 1aug2029, USD
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Pennsylvania, 4% 1mar2036, USD
US544647HQ66
US68607DXA89
US709225GV28
US403755Z469
US5465892V36
New York Transitional Finance Authority, 5% 15jul2033, USD
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about SCMB ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


SCMB’s has a Final Sustainability Grade of either A+, A, or A-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
100.00% of holdings have positive scoring
100.00%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Schwab ETFs
Schwab ETFs ID Card
Number of funds
34
Total AuM
€469.39B
Expense ratio range
0.03% - 0.59%
Average expense ratio
0.1232%
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Frequently asked questions about SCMB

What does Schwab Municipal Bond ETF, SCMB, invest in?

SCMB is a Passive ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.

Which benchmark or index does SCMB replicate?

SCMB tracks the ICE AMT-Free Core U.S. National Municipal Index - USD, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of SCMB?

SCMB carries a total expense ratio (TER) of 0.03%, indicating the annual cost for holding the fund.

When was SCMB launched?

SCMB was introduced to the market on October 12, 2022. It trades on United States

Who is the ETF issuer of SCMB?

Schwab Municipal Bond ETF, SCMB, is provided by Schwab ETFs. Learn more about Schwab ETFs here.

What is the current assets under management (AUM) of SCMB?

SCMB oversees €3.12B in assets as of April 23, 2026.

How has SCMB performed lately?

Based on data from April 23, 2026, SCMB returned 1.29% over the past month, 0.56% over the last three months and 1.06% year-to-date.

What are the latest inflows or outflows for SCMB?

As of April 23, 2026, SCMB recorded net flows of +€22M over the last month and +€764M year-to-date.

Does SCMB distribute dividends?

SCMB follows a distributing dividend policy, meaning it pays out income to investors. As of April 23, 2026, its 12-month trailing yield was 3.40%.

What are the main country or region exposures of SCMB?

As of March 31, 2026, SCMB has significant geographic allocations in USA.

In which sector or theme does SCMB invest in?

As of March 31, 2026, SCMB focuses largely on Municipal.

How many securities does SCMB hold and how diversified is it?

As of March 31, 2026, SCMB holds 601 positions in its portfolio, with 8.32% of assets concentrated in its top 15 holdings.

What are the main positions in SCMB?

As of March 31, 2026, SCMB top three holdings include US403755Z204, Massachusetts, 5% 1nov2043, USD (2017) and City of New York, FRN 1apr2042, USD.

What is the base currency of SCMB?

The base currency of SCMB is USD.

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