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Stock impact report

Schwab Expands Low-Cost Access to Fixed Income With Three New Exchange-Traded Funds

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab Investment Management, Inc. (CSIM), an asset management arm of The Charles Schwab Corporation, is launching three new fixed income exchange-traded funds (ETFs).The new fixed income ETFs, whose 0.06% operating expense ratios (OERs) are among the lowest in their respective projected Morningstar categories, will begin trading on October 10, 2019. The three funds are:TickerFund NameBenchmark IndexOER SCHJSchwab 1-5 Year Corporate Bond ETFBloomberg Barclays U.S.1-5 Year Corporate Bond Index0.06% SCHISchwab 5-10 Year Corporate Bond ETFBloomberg Barclays U.S.5-10 Year Corporate Bond Index0.06% SCHQSchwab Long-Term U.S. Treasury ETFBloomberg Barclays U.S.Long Treasury Index0.06% “Investors are increasingly looking to bond ETFs as a potential source of diversification, liquidity and income, particularly in this time of heightened stock market volatility,” said Jonathan de St. Paer, president of CSIM. “As we approach the 10th anniversary of the Show less Read more
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