SWCAX — Schwab California Tax-Free Bond Fund
Data updated: 2026-07-24
SWCAX — Schwab California Tax-Free Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $594.81M AUM · 0.38% expense ratio · 5.8% 1-yr return. From SEC regulatory filings.
SWCAX Fund Overview
SWCAX — Schwab California Tax-Free Bond Fund is a US mutual fund managed by Schwab Investments, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Schwab Investments
- Category: Long Municipal - National Bond
- Assets under management: $594.81M
- 1-year return: 5.8%
- Ticker: SWCAX
- SEC CIK: 0000869365
- SEC series ID: S000006818
- Share class ID: C000018451
SWCAX Holdings
Top 10 holdings of Schwab California Tax-Free Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| City of Los Angeles CA | 1.60% |
| California Community Choice Financing Authority | 1.05% |
| University of California | 0.98% |
| State of California | 0.97% |
| Beverly Hills Unified School District CA | 0.93% |
| San Francisco City & County Airport Comm-San Francisco International Airport | 0.93% |
| University of California | 0.92% |
| California Community Choice Financing Authority | 0.85% |
| California Community Choice Financing Authority | 0.82% |
| Bay Area Toll Authority | 0.76% |
SWCAX Portfolio Allocation
Asset-class allocation of Schwab California Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.9% |
| Cash & Equivalents | 0.5% |
SWCAX Performance
Total returns for SWCAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 5.8% |
| 3 years (annualised) | 3.5% |
| 5 years (annualised) | 0.8% |
SWCAX Risk Information
Risk metrics for SWCAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.5%
SWCAX Costs and Fees
SWCAX costs about $38 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.38%
- Gross expense ratio: 0.41%
- Portfolio turnover: 35%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
SWCAX Cashflows
Over the 12 months to 2026-02, Schwab California Tax-Free Bond Fund had net inflows of $131.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $30.43M |
| 2026-01 | $30.84M |
| 2025-12 | −$3.42M |
| 2025-11 | $18.89M |
| 2025-10 | $17.51M |
| 2025-09 | $6.77M |
SWCAX Debt Constituents
Largest debt holdings of Schwab California Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| City of Los Angeles CA | 1.60% |
| California Community Choice Financing Authority | 1.05% |
| University of California | 0.98% |
| State of California | 0.97% |
| Beverly Hills Unified School District CA | 0.93% |
| San Francisco City & County Airport Comm-San Francisco International Airport | 0.93% |
| University of California | 0.92% |
| California Community Choice Financing Authority | 0.85% |
| California Community Choice Financing Authority | 0.82% |
| Bay Area Toll Authority | 0.76% |
SWCAX Prospectus and SEC Filings
Official Schwab California Tax-Free Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.