Schwab Asset Management to Launch the Schwab Core Bond ETF
Schwab Asset Management, the asset management arm of The Charles Schwab , announced the launch of the Schwab Core Bond ETF (NYSE Arca: SCCR). This is the firm's second actively managed fixed income ETF, following the August 2024 launch of the Schwab Ultra-Short Income ETF (NYSE Arca: SCUS). Trading for SCCR is expected to begin on or about February 5. The ETF has an expense ratio of 0.16%, significantly lower than the industry average of 0.40%.
The fund aims to provide total returns while generating income by investing in U.S. dollar-denominated debt securities, including corporate bonds, taxable municipal bonds, mortgage pass-through securities, commercial mortgage-backed securities, asset-backed securities, U.S. Treasuries, and other government-related bonds. The investment strategy is based on the Wasmer Schroeder Core Bond Separately Managed Account (SMA) strategy, which started in January 2008.
Managed by portfolio managers John Majoros and Brian Luedtke, the ETF will use qualitative and quantitative methods to manage a diversified bond portfolio across multiple sectors. Schwab Asset Management emphasizes the fund's potential to offer attractive risk-adjusted returns and a healthy level of income in today's rate environment, leveraging the expertise of its experienced credit research team.
Schwab Asset Management, la divisione di gestione patrimoniale di Charles Schwab, ha annunciato il lancio del Schwab Core Bond ETF (NYSE Arca: SCCR). Questo è il secondo ETF a reddito fisso gestito attivamente dell'azienda, dopo il lancio nell'agosto 2024 del Schwab Ultra-Short Income ETF (NYSE Arca: SCUS). Si prevede che le negoziazioni per SCCR inizino intorno al 5 febbraio. L'ETF ha un rapporto spese dello 0,16%, significativamente inferiore alla media del settore dello 0,40%.
Il fondo mira a fornire rendimenti totali mentre genera reddito investendo in titoli di debito denominati in dollari statunitensi, inclusi obbligazioni societarie, obbligazioni municipali imponibili, titoli garantiti da mutui, titoli garantiti da mutui commerciali, titoli garantiti da attivi, obbligazioni del tesoro statunitensi e altre obbligazioni correlate al governo. La strategia di investimento è basata sulla strategia del Wasmer Schroeder Core Bond Separately Managed Account (SMA), iniziata a gennaio 2008.
Gestito dai gestori di portafoglio John Majoros e Brian Luedtke, l'ETF utilizzerà metodi qualitativi e quantitativi per gestire un portafoglio obbligazionario diversificato in vari settori. Schwab Asset Management sottolinea il potenziale del fondo di offrire rendimenti attraenti aggiustati per il rischio e un buon livello di reddito nell'attuale ambiente dei tassi, sfruttando l'expertise del suo team di ricerca creditizia esperto.
Schwab Asset Management, la división de gestión de activos de Charles Schwab, anunció el lanzamiento del Schwab Core Bond ETF (NYSE Arca: SCCR). Este es el segundo ETF de renta fija gestionado activamente de la firma, tras el lanzamiento en agosto de 2024 del Schwab Ultra-Short Income ETF (NYSE Arca: SCUS). Se espera que las operaciones para SCCR comiencen alrededor del 5 de febrero. El ETF tiene una razón de gastos del 0,16%, significativamente inferior al promedio de la industria del 0,40%.
El fondo tiene como objetivo proporcionar rendimientos totales mientras genera ingresos al invertir en valores de deuda denominados en dólares estadounidenses, incluyendo bonos corporativos, bonos municipales tributables, valores respaldados por hipotecas, valores respaldados por hipotecas comerciales, valores respaldados por activos, bonos del Tesoro de EE.UU. y otros bonos relacionados con el gobierno. La estrategia de inversión se basa en la estrategia Wasmer Schroeder Core Bond Separately Managed Account (SMA), que comenzó en enero de 2008.
Gestionado por los gerentes de cartera John Majoros y Brian Luedtke, el ETF utilizará métodos cualitativos y cuantitativos para gestionar una cartera de bonos diversificada en múltiples sectores. Schwab Asset Management enfatiza el potencial del fondo para ofrecer rendimientos atractivos ajustados al riesgo y un nivel saludable de ingresos en el entorno actual de tasas, aprovechando la experiencia de su equipo de investigación crediticia experimentado.
Schwab 자산 관리, 찰스 슈왑의 자산 관리 부문이 Schwab Core Bond ETF (NYSE Arca: SCCR)의 출시를 발표했습니다. 이는 2024년 8월에 출시된 Schwab Ultra-Short Income ETF (NYSE Arca: SCUS)에 이어 회사의 두 번째 능동 관리 고정 수익 ETF입니다. SCCR의 거래는 2월 5일경 시작될 것으로 예상됩니다. ETF의 경비 비율은 0.16%로, 업계 평균인 0.40%보다 상당히 낮습니다.
이 펀드는 미국 달러로 표시된 채무 증권에 투자하여 수익을 생성하면서 총 수익을 제공하는 것을 목표로 합니다. 여기에는 기업 채권, 과세 이자 조합 채권, 모기지 패스스루 증권, 상업 담보 채권, 자산 담보 증권, 미국 재무부 증권 및 기타 정부 관련 채권이 포함됩니다. 투자 전략은 2008년 1월에 시작된 Wasmer Schroeder Core Bond Separately Managed Account (SMA) 전략을 기반으로 합니다.
존 마조로스와 브라이언 루트케 포트폴리오 관리자가 관리하는 이 ETF는 다양한 부문에서 다양화된 채권 포트폴리오를 관리하기 위해 정성적 및 정량적 방법을 사용할 것입니다. Schwab 자산 관리는 오늘날의 금리 환경에서 매력적인 위험 조정 수익과 건전한 수익 수준을 제공할 가능성을 강조하며, 경험이 풍부한 신용 연구 팀의 전문성을 활용합니다.
Schwab Asset Management, la branche de gestion d'actifs de Charles Schwab, a annoncé le lancement du Schwab Core Bond ETF (NYSE Arca: SCCR). Il s'agit du deuxième ETF de revenu fixe géré activement de l'entreprise, suite au lancement en août 2024 du Schwab Ultra-Short Income ETF (NYSE Arca: SCUS). Les transactions pour SCCR devraient commencer autour du 5 février. L'ETF a un ratio de dépenses de 0,16%, ce qui est significativement inférieur à la moyenne du secteur de 0,40%.
Le fonds vise à fournir des rendements totaux tout en générant des revenus en investissant dans des titres de créance libellés en dollars américains, y compris des obligations d'entreprise, des obligations municipales imposables, des titres adossés à des hypothèques, des titres adossés à des créances commerciales, des titres adossés à des actifs, des obligations du Trésor américain et d'autres obligations liées au gouvernement. La stratégie d'investissement est basée sur la stratégie Wasmer Schroeder Core Bond Separately Managed Account (SMA) qui a débuté en janvier 2008.
Géré par les gestionnaires de portefeuille John Majoros et Brian Luedtke, l'ETF utilisera des méthodes qualitatives et quantitatives pour gérer un portefeuille obligataire diversifié à travers plusieurs secteurs. Schwab Asset Management souligne le potentiel du fonds d'offrir des rendements attrayants ajustés au risque et un niveau de revenu sain dans l'environnement actuel des taux, en tirant parti de l'expertise de son équipe de recherche sur le crédit expérimentée.
Schwab Asset Management, die Vermögensverwaltung von Charles Schwab, hat die Einführung des Schwab Core Bond ETF (NYSE Arca: SCCR) angekündigt. Dies ist der zweite aktiv verwaltete Renten-ETF des Unternehmens, nach der Einführung des Schwab Ultra-Short Income ETF (NYSE Arca: SCUS) im August 2024. Der Handel mit SCCR wird voraussichtlich am oder um den 5. Februar beginnen. Der ETF hat eine Kostenquote von 0,16%, die erheblich unter dem Branchendurchschnitt von 0,40% liegt.
Der Fonds zielt darauf ab, Gesamterträge zu erzielen, während er Einkommen generiert, indem er in US-Dollar-denominierte Schuldtitel investiert, einschließlich Unternehmensanleihen, steuerpflichtige Kommunalanleihen, Hypotheken-Pass-Through-Wertpapiere, kommerzielle durch Hypotheken besicherte Wertpapiere, vermögensbasierte Wertpapiere, US-Staatsanleihen und andere regierungsbezogene Anleihen. Die Anlagestrategie basiert auf der Wasmer Schroeder Core Bond Separately Managed Account (SMA) Strategie, die im Januar 2008 begann.
Geleitet von den Portfoliomanagern John Majoros und Brian Luedtke wird der ETF qualitative und quantitative Methoden verwenden, um ein diversifiziertes Anleiheportfolio über mehrere Sektoren hinweg zu verwalten. Schwab Asset Management betont das Potenzial des Fonds, attraktive risikoadjustierte Erträge und ein gesundes Einkommensniveau im aktuellen Zinsumfeld zu bieten, und nutzt dabei die Expertise seines erfahrenen Kreditforschungsteams.
- Launch of Schwab Core Bond ETF (SCCR) with a low expense ratio of 0.16%, below industry average.
- Second actively managed fixed income ETF by Schwab, following the successful launch of SCUS.
- Diversified investment in a variety of U.S. dollar-denominated debt securities.
- Managed by experienced portfolio managers John Majoros and Brian Luedtke.
- Potential to capture healthy income levels and navigate market volatility.
- None.
Schwab Asset Management expands its actively managed ETF line-up
With an expense ratio of
Designed based on the investment process used for the Wasmer Schroeder Core Bond Separately Managed Account (SMA) strategy that was launched in January 20082, the new fund will be managed by portfolio managers who have supported the Wasmer Schroeder™ strategies: John Majoros, senior portfolio manager and co-head of SMA strategies, and Brian Luedtke senior portfolio manager. They will target attractive risk-adjusted returns using qualitative and quantitative methods to manage a diversified portfolio of bonds across multiple sectors and backed by Schwab Asset Management’s experienced credit research team.
“The Schwab Core Bond ETF provides investors with access to our portfolio management team’s expertise, along with the inherent features of an ETF,” said David Lafferty, Director, Product Management & Innovation, Schwab Asset Management. “In today’s rate environment, investors have the potential to capture a healthy level of income and navigate total market volatility by diversifying their core bond exposure with high-quality bonds.”
About Schwab Asset Management
One of the industry’s largest and most experienced asset managers, Schwab Asset Management offers a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors. By operating through clients’ eyes, and putting them at the center of our decisions, we aim to deliver exceptional experiences to investors and the financial professionals who serve them. As of September 30, 2024, Schwab Asset Management managed approximately
More information is available at www.schwabassetmanagement.com.
About Charles Schwab
At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.
More information is available at aboutschwab.com. Follow us on X, Facebook, YouTube, and LinkedIn.
Disclosures:
Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can obtain a prospectus, or if available, a summary prospectus by visiting https://www.schwabassetmanagement.com/prospectus. Please read it carefully before investing.
Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares of ETF are bought and sold at market price, which may be higher or lower than the net asset value (NAV).
Diversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.
Schwab Core Bond ETF is an actively managed exchange traded fund and therefore does not seek to replicate the performance of any specific index. The fund may have a higher degree of portfolio turnover than funds that seek to replicate the performance of an index.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed-income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors.
An actively managed fund is subject to the risk that its investment adviser and/or subadviser will select investments or allocate assets in a manner that could cause the fund to underperform or otherwise not meet its investment objective.
The fund may invest in
Portfolio Management for the Wasmer Schroeder Strategies is provided by Charles Schwab Investment Management, Inc., dba Schwab Asset Management®, a registered investment adviser and an affiliate of Charles Schwab & Co., Inc. (“Schwab”). Both Schwab Asset Management and Schwab are separate entities and subsidiaries of The Charles Schwab Corporation. Please refer to the Charles Schwab Investment Management, Inc. Disclosure Brochure for additional information.
Schwab Asset Management® is the dba name for Charles Schwab Investment Management, Inc., the investment adviser for Schwab Funds, Schwab ETFs, and separately managed account strategies. Schwab Funds are distributed by Charles Schwab & Co, Inc. (Schwab), Member SIPC. Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). Schwab Asset Management and Schwab are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation and are not affiliated with SIDCO.
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1 Morningstar categories are not assigned until after inception date. Comparison based on Schwab Asset Management’s analysis of categories with ETFs that have similar characteristics to SCCR, as of 11/30/2024.
2 Schwab Asset Management became the investment adviser for Wasmer Schroeder Strategies in 2020.
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Christine Underhill
Charles Schwab
415-961-3790
Source: The Charles Schwab Corporation
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