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Schwab Tax-Free Bond Fund™ (SWNTX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US8085174030

CUSIP

808517403

Issuer

Charles Schwab

Inception Date

Sep 10, 1992

Min. Investment

$0

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SWNTX vs. VTEX SWNTX vs. SWPPX SWNTX vs. SCMB SWNTX vs. SWAGX SWNTX vs. OPCAX SWNTX vs. VWALX SWNTX vs. SWBGX SWNTX vs. VTEB SWNTX vs. MUB SWNTX vs. FNDB
Popular comparisons:
SWNTX vs. VTEX SWNTX vs. SWPPX SWNTX vs. SCMB SWNTX vs. SWAGX SWNTX vs. OPCAX SWNTX vs. VWALX SWNTX vs. SWBGX SWNTX vs. VTEB SWNTX vs. MUB SWNTX vs. FNDB

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Schwab Tax-Free Bond Fund™, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.87%
12.14%
SWNTX (Schwab Tax-Free Bond Fund™)
Benchmark (^GSPC)

Returns By Period

Schwab Tax-Free Bond Fund™ had a return of 1.86% year-to-date (YTD) and 5.48% in the last 12 months. Over the past 10 years, Schwab Tax-Free Bond Fund™ had an annualized return of 1.53%, while the S&P 500 had an annualized return of 11.16%, indicating that Schwab Tax-Free Bond Fund™ did not perform as well as the benchmark.


SWNTX

YTD

1.86%

1M

0.20%

6M

2.78%

1Y

5.48%

5Y (annualized)

0.74%

10Y (annualized)

1.53%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of SWNTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.10%0.10%0.09%-0.90%-0.25%1.38%0.75%0.76%1.00%-1.33%1.86%
20232.53%-1.92%1.83%-0.04%-0.75%0.83%0.25%-0.83%-2.30%-0.96%4.91%2.22%5.66%
2022-2.61%-0.61%-2.78%-2.66%1.45%-1.35%2.48%-2.21%-3.25%-0.64%3.97%0.17%-8.02%
20210.54%-1.56%0.56%0.72%0.29%0.22%0.80%-0.36%-0.84%-0.28%0.72%-0.35%0.42%
20201.60%1.16%-3.33%-1.93%3.02%1.01%1.57%-0.25%-0.09%-0.18%1.31%0.25%4.07%
20190.72%0.47%1.23%0.29%1.31%0.45%0.77%1.35%-0.80%0.10%0.19%0.02%6.27%
2018-1.01%-0.22%0.29%-0.41%0.90%0.12%0.19%0.11%-0.57%-0.50%1.01%0.99%0.88%
20170.53%0.64%0.21%0.71%1.32%-0.30%0.61%0.79%-0.48%0.10%-0.57%0.80%4.43%
20161.09%0.18%0.18%0.52%0.00%1.26%0.09%0.17%-0.46%-0.83%-3.50%0.10%-1.26%
20151.70%-0.97%0.18%-0.40%-0.23%-0.07%0.62%0.08%0.69%0.27%0.26%0.03%2.16%
20141.41%0.88%-0.32%1.06%1.13%-0.05%0.11%1.12%0.11%0.70%0.01%-0.73%5.53%
20130.27%0.36%-0.40%1.03%-1.23%-2.25%-0.23%-1.09%1.53%0.81%-0.23%0.19%-1.31%

Expense Ratio

SWNTX features an expense ratio of 0.48%, falling within the medium range.


Expense ratio chart for SWNTX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SWNTX is 51, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of SWNTX is 5151
Combined Rank
The Sharpe Ratio Rank of SWNTX is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of SWNTX is 6060
Sortino Ratio Rank
The Omega Ratio Rank of SWNTX is 7272
Omega Ratio Rank
The Calmar Ratio Rank of SWNTX is 3434
Calmar Ratio Rank
The Martin Ratio Rank of SWNTX is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SWNTX, currently valued at 1.92, compared to the broader market-1.000.001.002.003.004.005.001.922.54
The chart of Sortino ratio for SWNTX, currently valued at 2.88, compared to the broader market0.005.0010.002.883.40
The chart of Omega ratio for SWNTX, currently valued at 1.44, compared to the broader market1.002.003.004.001.441.47
The chart of Calmar ratio for SWNTX, currently valued at 0.79, compared to the broader market0.005.0010.0015.0020.000.793.66
The chart of Martin ratio for SWNTX, currently valued at 7.68, compared to the broader market0.0020.0040.0060.0080.00100.007.6816.26
SWNTX
^GSPC

The current Schwab Tax-Free Bond Fund™ Sharpe ratio is 1.92. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Schwab Tax-Free Bond Fund™ with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.92
2.54
SWNTX (Schwab Tax-Free Bond Fund™)
Benchmark (^GSPC)

Dividends

Dividend History

Schwab Tax-Free Bond Fund™ provided a 3.41% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%2.50%3.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.3520132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.38$0.34$0.25$0.20$0.24$0.28$0.28$0.27$0.26$0.26$0.27$0.27

Dividend yield

3.41%3.06%2.33%1.67%1.97%2.31%2.42%2.34%2.24%2.22%2.30%2.38%

Monthly Dividends

The table displays the monthly dividend distributions for Schwab Tax-Free Bond Fund™. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.31
2023$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.03$0.03$0.25
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.20
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.24
2019$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.28
2018$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.28
2017$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.27
2016$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2014$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.27
2013$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.27

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.11%
-0.88%
SWNTX (Schwab Tax-Free Bond Fund™)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Schwab Tax-Free Bond Fund™. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Schwab Tax-Free Bond Fund™ was 12.93%, occurring on Oct 25, 2022. The portfolio has not yet recovered.

The current Schwab Tax-Free Bond Fund™ drawdown is 2.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.93%Aug 6, 2021308Oct 25, 2022
-12.49%Feb 1, 1994211Nov 22, 199497Apr 6, 1995308
-10.64%Mar 10, 20209Mar 20, 202096Aug 6, 2020105
-9.73%Feb 1, 1999192Oct 26, 1999212Aug 25, 2000404
-7.74%Sep 12, 200825Oct 16, 200861Jan 14, 200986

Volatility

Volatility Chart

The current Schwab Tax-Free Bond Fund™ volatility is 1.28%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.28%
3.96%
SWNTX (Schwab Tax-Free Bond Fund™)
Benchmark (^GSPC)