The investment seeks high current income that is exempt from federal income tax, consistent with capital preservation. To pursue its goal, the fund primarily invests in investment-grade municipal securities - those in the four highest credit rating categories (rated AAA to BBB- or the unrated equivalent as determined by the investment adviser). The fund normally invests at least 80% of its net assets (net assets plus borrowings for investment purposes) in municipal securities the interest from which is exempt from federal income tax, including the federal alternative minimum tax (AMT).
Fund filings (PDF) »
John Khodarahmi (Started: Jul 22, 2015)
Kenneth Salinger (Started: Mar 26, 2008)
# Contact ?>
Schwab Funds, 101 Montgomery Street, San Francisco, CA 94104, USA