Schwab High Yield Bond ETF (SCYB)

The Schwab High Yield Bond ETF (SCYB) Begins Trading

WESTLAKE, Texas, July 11, 2023--Today, the Schwab High Yield Bond ETF (NYSE Arca: SCYB) begins trading. The fund, from Schwab Asset Management , the asset management arm of The Charles Schwab Corporation, has an expense ratio of 0.10%, which is priced in line with the lowest fee ETFs in the Morningstar High Yield Bond category.1 The ETF provides simple access to the U.S. dollar denominated high yield corporate bond market and can serve as part of a diversified portfolio.