Schwab Municipal Bond ETF

SCMB

Market cap $3.85B

For investors in the top federal tax bracket, the Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA | PZA Price Prediction) offers something rare: a monthly paycheck the IRS cannot touch.

Municipal bonds are off to solid starts in 2026. That indicates advisors and income investors can revisit the asset class known for safety.

The end result of the investment strategy here seems not worth it to me. The tax breaks on municipal income make them a good fit for higher-rate taxpayers looking for income. Holding the full universe, covering the index, is a sensible diversification strategy.

With the GOP controlling Congress and the White House, current tax rates from 2017 are likely to extend beyond 2025. The Schwab Municipal Bond ETF offers a low-cost, tax-efficient investment in U.S. investment-grade, tax-exempt bonds, with a forward yield of 3.34%. The ETF tracks the ICE AMT-Free Core U.S. National Municipal Index, focusing on high-quality bonds exempt from federal taxes and AMT.

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced forward share splits on 20 Schwab ETFs. Forward ETF share splits increase the number of shares outstanding and decrease the Net Asset Value (NAV) per share. The share splits will not change the total value of a shareholder's investment. The ETF share splits will apply to shareholders of record as of the close of US markets on October 9, 2024, payable after the.

Nisha Patel, Parametric fixed income portfolio manager, joins 'The Exchange' to discuss the municipal bond market as rate cuts and municipal bond demand grows.