SWHYX Fees and Costs — Schwab Opportunistic Municipal Bond Fund
Data updated: 2026-07-24
The net expense ratio is 0.50%: a 0.40% management fee plus 0.19% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 39%.
SWHYX Fees and Expenses
Annual operating expenses and sales charges of SWHYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.59% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SWHYX Costs Over Time
On $10,000 invested in SWHYX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
SWHYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $158.9M
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
SWHYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $33.2M | 26.53% |
| National Financial Services LLC | $17.2M | 13.72% |
| Barclays Capital Inc. | $16.5M | 13.18% |
| Morgan Stanley & Co. LLC | $14.3M | 11.44% |
| BofA Securities, Inc. | $10.9M | 8.68% |
| RBC Capital Markets, LLC | $8.5M | 6.78% |
| PNC Capital Markets LLC | $7.2M | 5.76% |
| Wells Fargo Securities, LLC | $6.4M | 5.15% |
| BNY Capital Markets, LLC | $6.0M | 4.84% |
| Jefferies LLC | $4.9M | 3.92% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.