# Schwab Municipal Bond ETF (SCMB) — Overview

SCMB · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/scmb

## Price

Last close $24.46 on Oct 15, 2026. 52-week range $23.91 – $26.19.

## Fund profile

SCMB tracks an index of USD-denominated, investment grade tax-exempt debt, issued by US states and territories with varying maturities.

| Metric | Value |
| --- | --- |
| Issuer | Charles Schwab Investment Management, Inc. |
| Industry | — |
| Inception | Oct 12, 2022 |
| Assets under management | $3.6B |
| Expense ratio | 0.03% |
| Net asset value | $24.44 (as of Oct 15, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Schwab Municipal Bond ETF (SCMB)?

SCMB tracks an index of USD-denominated, investment grade tax-exempt debt, issued by US states and territories with varying maturities.

### What is SCMB's expense ratio?

Schwab Municipal Bond ETF charges an annual expense ratio of 0.03%. The fund is issued by Charles Schwab Investment Management, Inc..

### How large is SCMB?

Schwab Municipal Bond ETF manages $3.6B in assets and has traded since Oct 12, 2022.

### How do I buy shares of Schwab Municipal Bond ETF (SCMB)?

SCMB trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).