SCHI

The Schwab 5‑10 Year Corporate Bond ETF (SCHI) invests almost exclusively in U.S. dollar‑denominated, investment‑grade corporate bonds that have remaining maturities between five and ten years, with a focus on issuers in the industrial, financial and utility sectors. It seeks to track the Bloomberg US 5‑10 Year Corporate Bond Index by using a representative sampling approach, maintaining a portfolio that mirrors the index’s sector and credit‑quality composition while keeping the average duration in the intermediate range. This fund provides exposure to the middle segment of the corporate bond yield curve and can serve as a core fixed‑income holding for investors who want stable income, moderate interest‑rate sensitivity, and diversification away from equities, such as retirees or those building a balanced portfolio.