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Schwab Strategic Trust - Schwab Municipal Bond ETF
Schwab Strategic Trust - Schwab Municipal Bond ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in U.S. dollar denominated investment grade tax-exempt debt securities, which are rated BBB- by S&P and Fitch or Baa3 by Moody’s. The fund seeks to track the performance of the ICE AMT-Free Core U.S. National Municipal Index, by using representative sampling technique. Schwab Strategic Trust - Schwab Municipal Bond ETF was formed on October 12, 2022 and is domiciled in the United States.
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