Schwab CA Tax-Free Bond
101 Montgomery St San Francisco CA 94104
Map
Phone: 800-407-0256
| Category: | Muni California Interm/Short | | Fund Family: | Schwab Funds | | Net Assets: | 288.05M | | Year-to-Date Return: | -2.07% | | Yield: | 4.40% | | Morningstar Rating: |  | | Fund Inception Date: | 24-Feb-92 |
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John Shelton
Lead Manager since
15-Nov-07 | | | Shelton is a portfolio manager of Charles Schwab Investment Management. He joined the firm in 2000 and has worked in fixed-income asset management since 1998. Shelton holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $100 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks high current income exempt from federal and California personal income taxes, consistent with preservation of capital. The fund normally invests at least 80% of net assets in municipal securities the interest from which is exempt from federal and California personal income tax and federal alternative minimum tax. It may invest more than 25% of total assets in municipal securities financing similar projects and may also invest in municipal notes. The fund may invest up to 15% of assets in below investment-grade bonds. It is nondiversified. |
| Last Dividend
(31-Oct-08):
| 0.04 | | Last Cap Gain
(15-Dec-06):
| 0.07 | | Annual Holdings Turnover
| 19.00% | | Average for Category:
| 28.29% |
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| Expense | SWCAX | Category
Avg | | Total Expense Ratio: | 0.56%
| 0.87% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 3.00% | | Max Deferred Sales Load: | 0.00%
| 2.32% | | 3 Yr Expense Projection*: |
$157 | $411 | | 5 Yr Expense Projection*: |
$274 | $626 | | 10 Yr Expense Projection*: |
$616 | $1,245 |
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2.63% Nasdaq 0.00%
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