--- title: "How a $500,000 position in this Schwab muni ETF pays a married couple in the 32% bracket an extra $6,500 a year in after tax income" type: "News" locale: "en" url: "https://longbridge.com/en/news/289931331.md" description: "The Schwab Municipal Bond ETF (SCMB) offers tax-free income, providing a married couple in the 32% tax bracket with an extra $6,500 annually compared to taxable bonds. Launched in 2022 with a low 0.03% expense ratio, SCMB tracks the ICE AMT-Free Core U.S. National Municipal Index. It has attracted significant assets, holding $3.87 billion, and features a diversified portfolio of over 6,600 holdings to mitigate risk while offering competitive yields for high-net-worth investors seeking federal tax advantages." datetime: "2026-06-16T13:57:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289931331.md) - [en](https://longbridge.com/en/news/289931331.md) - [zh-HK](https://longbridge.com/zh-HK/news/289931331.md) generator: "portal-rs" --- # How a $500,000 position in this Schwab muni ETF pays a married couple in the 32% bracket an extra $6,500 a year in after tax income Quick ReadA $500,000 muni bond investment saves a 32%-bracket couple $6,475 annually compared to equivalent taxable bonds with state tax applied.SCMB's 0.03% expense ratio and 3.59% yield edge out rivals MUB and VTEB while managing 6,695 bonds in one fund.NY and CA residents should choose state-specific muni ETFs, since out-of-state bond income get... ### Related Stocks - [SCMB.US](https://longbridge.com/en/quote/SCMB.US.md) - [MUB.US](https://longbridge.com/en/quote/MUB.US.md) - [VTEB.US](https://longbridge.com/en/quote/VTEB.US.md) ## Related News & Research - [PIMCO New York Municipal Income Fund II declares $0.0295 dividend](https://longbridge.com/en/news/297751503.md) - [Nuveen Municipal Income Fund declares $0.038 dividend](https://longbridge.com/en/news/297949584.md) - [PIMCO Municipal Income Fund II declares $0.0395 dividend](https://longbridge.com/en/news/297751442.md) - [Raiz Federal Credit Union Transforms Community Banking with Alkami's Digital Sales & Service Platform | ALKT Stock News](https://longbridge.com/en/news/297926846.md) - [Massie unveils 'Flock off' bill aimed at restricting surveillance cameras](https://longbridge.com/en/news/297947493.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**