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SMFZX

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1d
1w
1m

Analysis and statistics

  • Open
    8.4917$
  • Previous Close
    8.4917$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

SMFZX is the ticker symbol for the Schwab Municipal Bond Fund. It's a mutual fund offered by Charles Schwab Investment Management that invests primarily in investment-grade municipal bonds. The fund aims to provide current income exempt from federal income taxes, although distributions may be subject to state and local taxes, as well as the alternative minimum tax (AMT) for certain investors. The fund's performance fluctuates with changes in interest rates and the creditworthiness of the municipalities issuing the bonds. Investors considering SMFZX should review its prospectus for detailed information on its investment objectives, risks, fees, and expenses before investing.
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Factors

Fund Performance: Strong historical returns and consistent outperformance compared to its benchmark index tend to attract more investors, increasing demand and potentially driving up the price.

Market Conditions: Broad market trends, such as bull or bear markets, can significantly impact the fund's price. Overall positive market sentiment usually supports price appreciation, while negative sentiment can lead to price declines.

Sector Allocation: SMFZX.US's investment focus on specific sectors will influence its performance. If those sectors thrive, the fund's price could increase; conversely, struggles in those sectors can negatively impact the price.

Expense Ratio: A lower expense ratio is generally more attractive to investors, potentially leading to increased investment and a higher price. Higher expense ratios may deter investors.

Interest Rates: Rising interest rates can make bond yields more attractive, potentially drawing investors away from equity funds like SMFZX.US, which could decrease demand and lower the price.

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