Symbols

SCHM

Schwab U.S. Mid-Cap ETF·NYSE

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Key Stats

Assets Under Management

12.43BUSD

Fund Flows (1Y)

-900.50KUSD

Dividend Yield

1.19%

Discount/Premium to NAV

Shares Outstanding

409.45M

Expense Ratio

0.04%

About Schwab U.S. Mid-Cap ETF

Issuer

Charles Schwab Investment Management, Inc.

Brand

Schwab

Home Page

https://www.schwabassetmanagement.com/products/schm

Inception Date

Jan 13, 2011

Structure

Open-Ended Fund

Index Tracked

Dow Jones U.S. Mid-Cap Total Stock Market Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Charles Schwab Investment Management, Inc.

Distributor

SEI Investments Distribution Co.

SCHM's selection universe almost completely excludes small- and large-cap stocks, as it focuses exclusively on tracking the Dow Jones U.S. Mid-Cap Total Stock Market Index. The index includes 500 mid-cap stocks ranked between 501 to 1,000 by market capitalization in the Dow Jones U.S. Total Stock Market Index. Components are float-adjusted market-cap weighted in the fund. The fund is simple and aims to serve as a part of the core holdings in an investor's overall investment portfolio. The Issuer also has a policy of turning over 100% of net security lending revenues to investors. The index is reviewed and reconstituted annually in September, with rebalancing done every quarter.