SWHYX Performance — Schwab Opportunistic Municipal Bond Fund
Data updated: 2026-07-24
SWHYX returned +1.62% year to date and +7.23% over one year to May 2026. Annualised returns are +4.04% over 3 years and +0.44% over 5 years. Against its Long-Term Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $113, against $112 for the category, and to $107 over one year, against $107. Volatility over the past three years was 6.25% a year. In the 12 months to May 2026 the fund took in a net $26.7M, and assets reached $99.47M.
SWHYX Growth of $100
What $100 invested in Schwab Opportunistic Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | SWHYX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $113 | $112 |
| 5 years (Jun 2021 – May 2026) | $102 | $103 |
| Since data start (Jun 2020 – May 2026) | $113 | $110 |
SWHYX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.62% |
| 1 year | +7.23% |
| 3 years (annualised) | +4.04% |
| 5 years (annualised) | +0.44% |
SWHYX Annual Returns
Calendar-year total returns of Schwab Opportunistic Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.62% |
| 2025 | +2.98% |
| 2024 | +1.89% |
| 2023 | +9.23% |
| 2022 | −12.82% |
| 2021 | +2.49% |
| 2020 (Jun–Dec) | +8.50% |
SWHYX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +1.6% | −2.3% | +1.3% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.1% | +1.2% | −2.2% | −0.8% | −0.6% | +0.5% | −0.7% | +0.8% | +3.1% | +1.3% | +0.3% | +0.1% |
| 2024 | −0.1% | +0.1% | +0.1% | −1.1% | −0.1% | +1.8% | +0.8% | +0.7% | +1.3% | −1.7% | +1.8% | −1.6% |
| 2023 | +3.3% | −2.3% | +1.8% | +1.1% | −0.4% | +1.1% | +0.4% | −1.1% | −2.8% | −1.8% | +7.1% | +2.9% |
| 2022 | −1.8% | −0.7% | −3.3% | −3.2% | +1.1% | −2.4% | +0.9% | −2.5% | −4.9% | −1.3% | +5.1% | −0.2% |
| 2021 | +1.0% | −2.0% | +0.6% | +1.3% | +0.9% | +0.5% | +0.2% | −0.3% | −0.9% | −0.1% | +1.1% | +0.2% |
| 2020 | — | — | — | — | — | +1.8% | +3.2% | +0.2% | −0.2% | +0.2% | +1.9% | +1.1% |
SWHYX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.25%
- 3-year Sharpe ratio: -0.07 (vs 4.5% risk-free rate)
- Best month: +7.07% (Nov 2023)
- Worst month: −2.82% (Sep 2023)
SWHYX Fund Flows
Monthly money in and out of Schwab Opportunistic Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $26.7M
- 12-month gross sales (incl. reinvestments): $65.8M
- Sales ÷ redemptions: 1.68×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.3M | $4.0M | −$1.7M |
| Apr 2026 | $3.8M | $4.0M | −$202K |
| Mar 2026 | $3.8M | $2.7M | $1.1M |
| Feb 2026 | $6.0M | $1.7M | $4.3M |
| Jan 2026 | $12.1M | $2.8M | $9.4M |
| Dec 2025 | $6.1M | $4.4M | $1.7M |
| Nov 2025 | $6.1M | $2.4M | $3.6M |
| Oct 2025 | $4.5M | $2.3M | $2.2M |
| Sep 2025 | $6.4M | $3.0M | $3.4M |
| Aug 2025 | $7.9M | $1.9M | $5.9M |
| Jul 2025 | $5.0M | $4.0M | $927K |
| Jun 2025 | $1.8M | $5.8M | −$4.0M |
SWHYX Assets Under Management
Net assets of Schwab Opportunistic Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $99.47M |
| 2026-02-28 | $101.72M |
| 2025-11-30 | $85.01M |
| 2025-08-31 | $72.89M |
| 2025-05-31 | $70.57M |
| 2025-02-28 | $74.63M |
| 2024-11-30 | $74.66M |
| 2024-08-31 | $67.43M |
| 2024-05-31 | $61.17M |
| 2024-02-29 | $54.71M |
| 2023-11-30 | $42.82M |
| 2023-08-31 | $41.51M |
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.