Fixed Income
Incorporate fixed income into your clients' portfolios with confidence and ease. From capital preservation to income generation, our broad selection of products, unparalleled service, and powerful research tools are designed to help you meet the varied fixed income needs of your clients.
A broad spectrum of fixed income options
Explore a wide range of fixed income products with easy-to-use search features and connection to major bond platforms that support online trading. Find solutions that meet your clients' investing needs with:
- Access to listings from over 225 dealers, offering over 200,000 distinct daily CUSIPs, including over 150,000 municipal bonds1
- New-issue municipal and corporate bonds from leading underwriters
- Secondary market securities, including municipal and corporate bonds, treasuries, agencies, and CDs
- Investment vehicles including fixed income mutual funds, exchange-traded funds (ETFs), separately managed accounts, and managed solutions, including Wasmer Schroeder® Strategies
Straightforward, cost-effective pricing
We believe in transparency and keeping costs low. Here's what you can expect:
- Price comparisons to secure the lowest price available on our trading platform
- The ability to purchase treasury bills, notes, bonds, TIPS, and new-issue CDs online at no cost3
- Clearly displayed transaction costs for online transactions shown before you place a trade
Unparalleled support from fixed income specialists
Our team of fixed income specialists can help you find the best match between products and your clients' unique investment strategies. Each team member has the deep knowledge necessary to offer specialized help, trade execution, and operational support.
Expert market insights and research tools
Evaluate fixed income investments and manage risk with professional analysis and online resources that include:
- Our proprietary portfolio assessment tool for in-depth analysis of the market and your clients' fixed income holdings
- Webcasts and market commentary from third-party sources and the Schwab Center for Financial Research
- DPC Data's MuniPOINTS, MuniDOCS Online, and Moody's credit reports2
Have questions?
Contact us to find a local representative.
1. Figures as of April 2025.
2. MuniPOINTS, MuniDOCS Online, and Moody's credit reports are not available for all bonds.
3. For new-issue securities, a selling concession is included in the offering price.
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.
Schwab reserves the right to act as principal on any fixed income transaction. When Schwab acts as principal in a secondary market transaction, the bond price includes our transaction fee (as outlined in the Charles Schwab Pricing Guide), and may also include a markup that reflects the bid-ask spread and is not subject to a minimum or maximum. When trading as principal, Schwab may also be holding the security in its own account prior to selling it to you and, therefore, may make (or lose) money depending on whether the price of the security has risen or fallen while Schwab has held it. When Schwab acts as agent, a commission will be charged on the transaction.
Certificates of Deposit available through Schwab CD OneSource typically offer a fixed rate of return, although some offer variable rates. For variable rate CDs, the rate may change after the CD is purchased. The minimum quantity is generally $1,000 face amount but may vary by offering. Terms range from one month to 20 years. Costs could reduce the earnings on the accounts. Interest cannot remain on deposit and that payout of interest is mandatory.
Portfolio Management for 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"). Schwab Asset Management and Schwab are separate entities and subsidiaries of The Charles Schwab Corporation.