---
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)
---

# 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)

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