Schwab Capital Trust
Schwab Target 2010 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 98.7% OF NET ASSETS
 
U.S. Stocks 24.1%
Large-Cap 22.8%
Schwab U.S. Large-Cap ETF
$13,721,118
$4,394,394
($2,121,043
)
$69,727
$1,904,555
$17,968,751
610,559
$46,118
Small-Cap 1.3%
Schwab U.S. Small-Cap ETF
743,953
229,893
(159,755
)
17,991
171,357
1,003,439
27,773
2,959
 
18,972,190
 
International Stocks 7.4%
Developed Markets 7.4%
Schwab International Equity ETF
4,439,655
1,380,403
(552,464
)
22,047
501,293
5,790,934
209,059
34,194
 
Real Estate 2.0%
U.S. REITs 2.0%
Schwab U.S. REIT ETF
1,200,517
364,321
(105,313
)
9,039
113,544
1,582,108
66,812
11,244
 
Fixed Income 63.2%
Inflation-Protected Bond 6.6%
Schwab U.S. TIPS ETF
3,993,788
1,380,059
(109,944
)
(2,537
)
(29,577
)
5,231,789
197,426
59,148
Intermediate-Term Bond 49.4%
Schwab U.S. Aggregate Bond ETF
29,621,174
10,611,384
(1,239,454
)
(99,039
)
(31,501
)
38,862,564
1,680,180
342,752
Treasury Bond 7.2%
Schwab Short-Term U.S. Treasury ETF
4,308,459
1,550,040
(173,999
)
(4,462
)
(22,588
)
5,657,450
234,360
44,792
 
49,751,803
 
Money Market Funds 2.0%
Schwab Government Money Fund, Ultra
Shares, 3.52% (b)
1,539,031
13,513
—
—
—
1,552,544
1,552,544
13,529
Total Affiliated Underlying Funds
(Cost $65,258,775)
$59,567,695
$19,924,007
($4,461,972
)
$12,766
$2,607,083
$77,649,579
$554,736
Total Investments in Securities
(Cost $65,258,775)
$77,649,579
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
TIPS —
Treasury Inflation Protected Securities
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
  
1
Schwab Capital Trust
Schwab Target 2015 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 27.2%
Large-Cap 25.7%
Schwab U.S. Large-Cap ETF
$22,795,088
$787,375
($3,459,195
)
$928,180
$2,364,355
$23,415,803
795,644
$59,954
Small-Cap 1.5%
Schwab U.S. Small-Cap ETF
1,344,863
45,840
(315,657
)
90,202
216,110
1,381,358
38,233
4,038
 
24,797,161
 
International Stocks 8.8%
Developed Markets 8.8%
Schwab International Equity ETF
7,792,241
258,726
(984,498
)
145,722
760,423
7,972,614
287,820
47,223
 
Real Estate 2.3%
U.S. REITs 2.3%
Schwab U.S. REIT ETF
2,025,368
—
(141,430
)
17,306
187,261
2,088,505
88,197
14,844
 
Fixed Income 59.0%
Inflation-Protected Bond 6.1%
Schwab U.S. TIPS ETF
5,470,351
351,813
(193,584
)
(2,013
)
(22,373
)
5,604,194
211,479
68,101
Intermediate-Term Bond 46.3%
Schwab U.S. Aggregate Bond ETF
40,935,072
2,773,305
(1,415,808
)
(113,962
)
(51,152
)
42,127,455
1,821,334
428,560
Treasury Bond 6.6%
Schwab Short-Term U.S. Treasury ETF
5,854,215
303,305
(82,598
)
(2,440
)
(30,047
)
6,042,435
250,308
55,273
 
53,774,084
 
Money Market Funds 2.1%
Schwab Government Money Fund, Ultra
Shares, 3.52% (b)
1,876,377
16,476
—
—
—
1,892,853
1,892,853
16,494
Total Affiliated Underlying Funds
(Cost $70,460,085)
$88,093,575
$4,536,840
($6,592,770
)
$1,062,995
$3,424,577
$90,525,217
$694,487
Total Investments in Securities
(Cost $70,460,085)
$90,525,217
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
TIPS —
Treasury Inflation Protected Securities
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
2
  
Schwab Capital Trust
Schwab Target 2020 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 29.2%
Large-Cap 27.5%
Schwab U.S. Large-Cap ETF
$78,673,212
$1,492,981
($9,883,893
)
$4,007,758
$7,397,057
$81,687,115
2,775,641
$208,732
Small-Cap 1.7%
Schwab U.S. Small-Cap ETF
4,812,944
—
(926,822
)
391,541
716,153
4,993,816
138,218
14,701
 
86,680,931
 
International Stocks 9.8%
Developed Markets 9.8%
Schwab International Equity ETF
28,221,608
148,144
(2,467,121
)
391,426
2,911,881
29,205,938
1,054,366
173,074
 
Real Estate 2.5%
U.S. REITs 2.5%
Schwab U.S. REIT ETF
7,084,931
189,161
(661,693
)
72,618
643,517
7,328,534
309,482
52,941
 
Fixed Income 56.2%
Inflation-Protected Bond 5.9%
Schwab U.S. TIPS ETF
16,709,297
849,600
(148,625
)
(6,212
)
(71,921
)
17,332,139
654,043
210,661
Intermediate-Term Bond 44.1%
Schwab U.S. Aggregate Bond ETF
125,848,313
8,320,791
(2,751,204
)
(334,858
)
(172,122
)
130,910,920
5,659,789
1,325,623
Treasury Bond 6.2%
Schwab Short-Term U.S. Treasury ETF
17,814,690
1,075,147
(319,187
)
(11,009
)
(88,413
)
18,471,228
765,171
168,932
 
166,714,287
 
Money Market Funds 1.7%
Schwab Government Money Fund, Ultra
Shares, 3.52% (b)
5,050,063
44,343
—
—
—
5,094,406
5,094,406
44,392
Total Affiliated Underlying Funds
(Cost $227,697,265)
$284,215,058
$12,120,167
($17,158,545
)
$4,511,264
$11,336,152
$295,024,096
$2,199,056
Total Investments in Securities
(Cost $227,697,265)
$295,024,096
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
TIPS —
Treasury Inflation Protected Securities
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
  
3
Schwab Capital Trust
Schwab Target 2025 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.5% OF NET ASSETS
 
U.S. Stocks 30.4%
Large-Cap 28.6%
Schwab U.S. Large-Cap ETF
$182,043,077
$3,379,104
($21,014,468
)
$8,147,083
$18,277,211
$190,832,007
6,484,268
$488,757
Small-Cap 1.8%
Schwab U.S. Small-Cap ETF
11,362,050
—
(2,054,803
)
934,873
1,697,725
11,939,845
330,469
35,300
 
202,771,852
 
International Stocks 10.7%
Developed Markets 10.7%
Schwab International Equity ETF
68,482,087
947,552
(5,999,573
)
800,484
7,227,888
71,458,438
2,579,727
423,641
 
Real Estate 2.6%
U.S. REITs 2.6%
Schwab U.S. REIT ETF
16,611,663
695,036
(1,636,958
)
104,785
1,573,182
17,347,708
732,589
123,646
 
Fixed Income 54.3%
Inflation-Protected Bond 5.6%
Schwab U.S. TIPS ETF
35,797,528
2,104,888
(332,539
)
(24,472
)
(150,062
)
37,395,343
1,411,145
455,998
Intermediate-Term Bond 42.7%
Schwab U.S. Aggregate Bond ETF
271,352,380
20,640,896
(5,913,935
)
(812,896
)
(287,521
)
284,978,924
12,320,749
2,877,500
Treasury Bond 6.0%
Schwab Short-Term U.S. Treasury ETF
37,614,568
2,186,065
—
—
(210,816
)
39,589,817
1,640,009
359,055
 
361,964,084
 
Money Market Funds 1.5%
Schwab Government Money Fund, Ultra
Shares, 3.52% (b)
9,823,920
86,260
—
—
—
9,910,180
9,910,180
86,356
Total Affiliated Underlying Funds
(Cost $504,755,031)
$633,087,273
$30,039,801
($36,952,276
)
$9,149,857
$28,127,607
$663,452,262
$4,850,253
Total Investments in Securities
(Cost $504,755,031)
$663,452,262
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
TIPS —
Treasury Inflation Protected Securities
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
4
  
Schwab Capital Trust
Schwab Target 2030 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.3% OF NET ASSETS
 
U.S. Stocks 37.4%
Large-Cap 34.9%
Schwab U.S. Large-Cap ETF
$588,577,584
$17,387,930
($49,467,677
)
$3,002,112
$83,026,376
$642,526,325
21,832,359
$1,639,507
Small-Cap 2.5%
Schwab U.S. Small-Cap ETF
42,203,484
1,639,151
(7,388,888
)
1,590,088
8,368,980
46,412,815
1,284,606
135,742
 
688,939,140
 
International Stocks 15.6%
Developed Markets 14.0%
Schwab International Equity ETF
237,154,154
5,205,621
(13,050,857
)
906,007
27,148,406
257,363,331
9,291,095
1,525,782
Emerging Markets 1.6%
Schwab Emerging Markets Equity
ETF
27,971,848
1,423,080
(1,631,228
)
98,721
2,743,340
30,605,761
844,064
37,392
 
287,969,092
 
Real Estate 3.2%
U.S. REITs 3.2%
Schwab U.S. REIT ETF
54,390,416
2,831,640
(3,595,686
)
188,438
5,336,246
59,151,054
2,497,933
424,516
 
Fixed Income 42.1%
Inflation-Protected Bond 2.6%
Schwab U.S. TIPS ETF
43,917,863
5,121,619
(710,966
)
(99,179
)
(131,466
)
48,097,871
1,815,014
572,422
Intermediate-Term Bond 36.3%
Schwab U.S. Aggregate Bond ETF
610,889,639
62,949,808
(3,248,345
)
(527,331
)
(1,948,308
)
668,115,463
28,885,234
6,577,643
Treasury Bond 3.2%
Schwab Short-Term U.S. Treasury
ETF
54,848,817
4,937,890
—
—
(314,824
)
59,471,883
2,463,624
531,519
 
775,685,217
 
Money Market Funds 1.0%
Schwab Government Money Fund,
Ultra Shares, 3.52% (b)
17,090,195
150,062
—
—
—
17,240,257
17,240,257
150,229
Total Affiliated Underlying Funds
(Cost $1,361,079,405)
$1,677,044,000
$101,646,801
($79,093,647
)
$5,158,856
$124,228,750
$1,828,984,760
$11,594,752
Total Investments in Securities
(Cost $1,361,079,405)
$1,828,984,760
 
  
5
Schwab Target 2030 Index Fund
Portfolio Holdings (Unaudited) continued
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
TIPS —
Treasury Inflation Protected Securities
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
6
  
Schwab Capital Trust
Schwab Target 2035 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.3% OF NET ASSETS
 
U.S. Stocks 44.1%
Large-Cap 40.8%
Schwab U.S. Large-Cap ETF
$586,307,265
$35,820,465
($35,776,605
)
$1,380,803
$85,103,942
$672,835,870
22,862,245
$1,713,897
Small-Cap 3.3%
Schwab U.S. Small-Cap ETF
47,320,313
2,820,290
(6,881,141
)
939,874
10,439,413
54,638,749
1,512,282
159,550
 
727,474,619
 
International Stocks 20.0%
Developed Markets 17.0%
Schwab International Equity ETF
245,561,357
13,350,804
(8,136,909
)
168,230
29,226,645
280,170,127
10,114,445
1,653,671
Emerging Markets 3.0%
Schwab Emerging Markets Equity
ETF
43,434,460
3,536,754
(1,561,867
)
54,292
4,370,908
49,834,547
1,374,367
60,068
 
330,004,674
 
Real Estate 3.7%
U.S. REITs 3.7%
Schwab U.S. REIT ETF
53,641,297
5,037,078
(2,852,419
)
30,435
5,468,439
61,324,830
2,589,731
443,418
 
Fixed Income 30.9%
Inflation-Protected Bond 0.7%
Schwab U.S. TIPS ETF
9,890,006
1,259,636
—
—
(48,845
)
11,100,797
418,898
125,974
Intermediate-Term Bond 28.8%
Schwab U.S. Aggregate Bond ETF
413,656,010
66,563,571
(2,931,100
)
(397,497
)
(1,309,387
)
475,581,597
20,561,245
4,540,617
Treasury Bond 1.4%
Schwab Short-Term U.S. Treasury
ETF
20,938,020
3,282,718
—
—
(122,717
)
24,098,021
998,261
208,493
 
510,780,415
 
Money Market Funds 0.6%
Schwab Government Money Fund,
Ultra Shares, 3.52% (b)
10,058,716
88,321
—
—
—
10,147,037
10,147,037
88,421
Total Affiliated Underlying Funds
(Cost $1,209,083,504)
$1,430,807,444
$131,759,637
($58,140,041
)
$2,176,137
$133,128,398
$1,639,731,575
$8,994,109
Total Investments in Securities
(Cost $1,209,083,504)
$1,639,731,575
 
  
7
Schwab Target 2035 Index Fund
Portfolio Holdings (Unaudited) continued
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
TIPS —
Treasury Inflation Protected Securities
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
8
  
Schwab Capital Trust
Schwab Target 2040 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 48.9%
Large-Cap 44.7%
Schwab U.S. Large-Cap ETF
$695,940,110
$34,141,186
($30,002,161
)
$1,209,364
$101,614,463
$802,902,962
27,281,786
$2,046,105
Small-Cap 4.2%
Schwab U.S. Small-Cap ETF
64,775,526
2,493,302
(8,236,230
)
1,379,805
14,120,391
74,532,794
2,062,906
219,176
 
877,435,756
 
International Stocks 23.5%
Developed Markets 19.3%
Schwab International Equity ETF
302,530,041
12,383,397
(3,994,937
)
77,273
36,170,764
347,166,538
12,533,088
2,046,705
Emerging Markets 4.2%
Schwab Emerging Markets Equity
ETF
65,050,088
4,277,346
(1,573,314
)
2,853
6,516,125
74,273,098
2,048,348
90,742
 
421,439,636
 
Real Estate 4.1%
U.S. REITs 4.1%
Schwab U.S. REIT ETF
63,151,782
5,734,123
(2,524,882
)
132
6,502,750
72,863,905
3,077,023
522,299
 
Fixed Income 22.5%
Intermediate-Term Bond 21.8%
Schwab U.S. Aggregate Bond ETF
338,176,219
54,694,529
—
—
(1,399,708
)
391,471,040
16,924,818
3,735,077
Treasury Bond 0.7%
Schwab Short-Term U.S. Treasury
ETF
11,392,799
1,611,528
—
—
(67,532
)
12,936,795
535,907
113,218
 
404,407,835
 
Money Market Funds 0.4%
Schwab Government Money Fund,
Ultra Shares, 3.52% (b)
7,658,550
67,246
—
—
—
7,725,796
7,725,796
67,322
Total Affiliated Underlying Funds
(Cost $1,227,385,323)
$1,548,675,115
$115,402,657
($46,331,524
)
$2,669,427
$163,457,253
$1,783,872,928
$8,840,644
Total Investments in Securities
(Cost $1,227,385,323)
$1,783,872,928
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
  
9
Schwab Capital Trust
Schwab Target 2045 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 52.8%
Large-Cap 47.8%
Schwab U.S. Large-Cap ETF
$503,944,611
$32,808,705
($20,001,394
)
$476,008
$74,450,801
$591,678,731
20,104,612
$1,508,082
Small-Cap 5.0%
Schwab U.S. Small-Cap ETF
52,558,029
2,080,360
(5,882,440
)
904,293
11,788,615
61,448,857
1,700,771
180,218
 
653,127,588
 
International Stocks 26.6%
Developed Markets 21.3%
Schwab International Equity ETF
225,544,720
13,958,411
(2,995,492
)
18,912
27,230,688
263,757,239
9,521,922
1,553,246
Emerging Markets 5.3%
Schwab Emerging Markets Equity ETF
55,899,906
4,106,732
(731,569
)
12,358
5,700,320
64,987,747
1,792,271
79,398
 
328,744,986
 
Real Estate 4.3%
U.S. REITs 4.3%
Schwab U.S. REIT ETF
45,728,464
4,148,404
(1,107,803
)
(10,084
)
4,727,248
53,486,229
2,258,709
388,017
 
Fixed Income 15.5%
Intermediate-Term Bond 15.0%
Schwab U.S. Aggregate Bond ETF
157,407,776
28,441,773
—
—
(656,544
)
185,193,005
8,006,615
1,758,022
Treasury Bond 0.5%
Schwab Short-Term U.S. Treasury ETF
5,505,431
966,753
—
—
(30,353
)
6,441,831
266,853
52,289
 
191,634,836
 
Money Market Funds 0.2%
Schwab Government Money Fund,
Ultra Shares, 3.52% (b)
2,906,431
25,520
—
—
—
2,931,951
2,931,951
25,549
Total Affiliated Underlying Funds
(Cost $837,668,512)
$1,049,495,368
$86,536,658
($30,718,698
)
$1,401,487
$123,210,775
$1,229,925,590
$5,544,821
Total Investments in Securities
(Cost $837,668,512)
$1,229,925,590
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
10
  
Schwab Capital Trust
Schwab Target 2050 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 55.6%
Large-Cap 49.9%
Schwab U.S. Large-Cap ETF
$712,216,818
$33,842,879
($20,683,679
)
$583,616
$105,271,498
$831,231,132
28,244,347
$2,122,199
Small-Cap 5.7%
Schwab U.S. Small-Cap ETF
81,945,840
1,928,514
(8,482,537
)
1,571,864
18,136,983
95,100,664
2,632,180
279,587
 
926,331,796
 
International Stocks 29.2%
Developed Markets 22.9%
Schwab International Equity ETF
327,810,409
16,696,044
(3,070,178
)
13,745
39,555,890
381,005,910
13,754,726
2,249,936
Emerging Markets 6.3%
Schwab Emerging Markets Equity ETF
91,281,747
6,418,582
(966,374
)
11,013
9,281,448
106,026,416
2,924,060
129,536
 
487,032,326
 
Real Estate 4.5%
U.S. REITs 4.5%
Schwab U.S. REIT ETF
64,664,162
5,384,728
(1,507,860
)
(612
)
6,680,499
75,220,917
3,176,559
539,012
 
Fixed Income 10.0%
Intermediate-Term Bond 10.0%
Schwab U.S. Aggregate Bond ETF
142,614,338
24,646,861
—
—
(592,132
)
166,669,067
7,205,753
1,593,004
 
Money Market Funds 0.1%
Schwab Government Money Fund,
Ultra Shares, 3.52% (b)
1,154,729
10,139
—
—
—
1,164,868
1,164,868
10,151
Total Affiliated Underlying Funds
(Cost $1,114,528,926)
$1,421,688,043
$88,927,747
($34,710,628
)
$2,179,626
$178,334,186
$1,656,418,974
$6,923,425
Total Investments in Securities
(Cost $1,114,528,926)
$1,656,418,974
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
  
11
Schwab Capital Trust
Schwab Target 2055 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 57.1%
Large-Cap 50.9%
Schwab U.S. Large-Cap ETF
$500,932,039
$30,168,452
($11,319,466
)
$220,620
$74,346,211
$594,347,856
20,195,306
$1,515,062
Small-Cap 6.2%
Schwab U.S. Small-Cap ETF
60,544,385
2,636,346
(6,107,636
)
940,421
13,813,285
71,826,801
1,988,010
211,020
 
666,174,657
 
International Stocks 30.8%
Developed Markets 23.8%
Schwab International Equity ETF
234,621,981
15,097,800
(980,663
)
(903
)
28,376,685
277,114,900
10,004,148
1,634,344
Emerging Markets 7.0%
Schwab Emerging Markets Equity ETF
69,696,927
5,907,353
(494,294
)
7,797
7,122,181
82,239,964
2,268,063
99,729
 
359,354,864
 
Real Estate 4.6%
U.S. REITs 4.6%
Schwab U.S. REIT ETF
45,413,055
5,000,955
(1,249,409
)
(6,744
)
4,706,589
53,864,446
2,274,681
386,570
 
Fixed Income 6.9%
Intermediate-Term Bond 6.9%
Schwab U.S. Aggregate Bond ETF
67,563,931
12,900,247
—
—
(283,709
)
80,180,469
3,466,514
758,182
 
Money Market Funds 0.0%
Schwab Government Money Fund, Ultra
Shares, 3.52% (b)
582,181
5,112
—
—
—
587,293
587,293
5,118
Total Affiliated Underlying Funds
(Cost $787,249,758)
$979,354,499
$71,716,265
($20,151,468
)
$1,161,191
$128,081,242
$1,160,161,729
$4,610,025
Total Investments in Securities
(Cost $787,249,758)
$1,160,161,729
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for
affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
At June 30, 2026, all of the fund’s investment securities were classified as Level 1.
12
  
Schwab Capital Trust
Schwab Target 2060 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.5% OF NET ASSETS
 
U.S. Stocks 58.0%
Large-Cap 51.6%
Schwab U.S. Large-Cap ETF
$590,130,753
$36,229,858
($12,383,753
)
$251,518
$87,747,374
$701,975,750
23,852,387
$1,791,855
Small-Cap 6.4%
Schwab U.S. Small-Cap ETF
73,765,084
3,708,038
(7,717,573
)
1,099,462
16,880,407
87,735,418
2,428,326
257,122
 
789,711,168
 
International Stocks 31.9%
Developed Markets 24.4%
Schwab International Equity ETF
279,545,409
17,803,700
—
—
33,855,608
331,204,717
11,956,849
1,954,969
Emerging Markets 7.5%
Schwab Emerging Markets Equity ETF
86,123,491
7,833,509
(589,554
)
(1,585
)
8,793,861
102,159,722
2,817,422
124,146
 
433,364,439
 
Real Estate 4.7%
U.S. REITs 4.7%
Schwab U.S. REIT ETF
53,809,370
5,969,974
(1,569,265
)
(6,274
)
5,585,995
63,789,800
2,693,826
460,780
 
Fixed Income 4.9%
Intermediate-Term Bond 4.9%
Schwab U.S. Aggregate Bond ETF
55,813,031
10,870,014
—
—
(236,777
)
66,446,268
2,872,731
627,284
Total Affiliated Underlying Funds
(Cost $913,280,389)
$1,139,187,138
$82,415,093
($22,260,145
)
$1,343,121
$152,626,468
$1,353,311,675
$5,216,156
Total Investments in Securities
(Cost $913,280,389)
$1,353,311,675
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated
underlying funds.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
At June 30, 2026, all of the fund’s investment securities were classified as Level 1. 
  
13
Schwab Capital Trust
Schwab Target 2065 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 58.9%
Large-Cap 52.2%
Schwab U.S. Large-Cap ETF
$199,196,083
$18,725,945
($2,895,923
)
$35,211
$29,914,975
$244,976,291
8,324,033
$623,266
Small-Cap 6.7%
Schwab U.S. Small-Cap ETF
25,716,200
2,225,048
(2,684,245
)
201,811
6,163,969
31,622,783
875,250
92,577
 
276,599,074
 
International Stocks 32.8%
Developed Markets 24.9%
Schwab International Equity ETF
95,416,794
10,024,418
(291,472
)
(268
)
11,705,554
116,855,026
4,218,593
686,106
Emerging Markets 7.9%
Schwab Emerging Markets Equity ETF
30,592,493
3,657,772
—
—
3,137,747
37,388,012
1,031,109
45,429
 
154,243,038
 
Real Estate 4.8%
U.S. REITs 4.8%
Schwab U.S. REIT ETF
18,286,443
2,678,307
(410,449
)
(6,045
)
1,924,467
22,472,723
949,017
161,351
 
Fixed Income 2.9%
Intermediate-Term Bond 2.9%
Schwab U.S. Aggregate Bond ETF
11,022,650
2,469,939
—
—
(46,588
)
13,446,001
581,323
125,521
Total Affiliated Underlying Funds
(Cost $356,662,536)
$380,230,663
$39,781,429
($6,282,089
)
$230,709
$52,800,124
$466,760,836
$1,734,250
Total Investments in Securities
(Cost $356,662,536)
$466,760,836
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated
underlying funds.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
At June 30, 2026, all of the fund’s investment securities were classified as Level 1. 
14
  
Schwab Capital Trust
Schwab Target 2070 Index Fund
Portfolio Holdings as of June 30, 2026 (Unaudited)
 
This section includes a summary of the fund’s transactions with its affiliated underlying funds during the period.    
SECURITY
VALUE AT
3/31/26
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
6/30/26
BALANCE
OF SHARES
HELD AT
6/30/26
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 99.4% OF NET ASSETS
 
U.S. Stocks 59.1%
Large-Cap 52.3%
Schwab U.S. Large-Cap ETF
$15,752,241
$8,633,788
($48,972
)
$85
$2,462,022
$26,799,164
910,607
$65,168
Small-Cap 6.8%
Schwab U.S. Small-Cap ETF
2,059,155
974,939
(111,941
)
1,533
557,765
3,481,451
96,359
9,737
 
30,280,615
 
International Stocks 33.0%
Developed Markets 25.0%
Schwab International Equity ETF
7,562,462
4,303,649
—
—
948,685
12,814,796
462,628
72,003
Emerging Markets 8.0%
Schwab Emerging Markets Equity ETF
2,432,105
1,452,204
—
—
247,989
4,132,298
113,963
4,763
 
16,947,094
 
Real Estate 4.8%
U.S. REITs 4.8%
Schwab U.S. REIT ETF
1,443,591
855,291
—
—
154,555
2,453,437
103,608
16,934
 
Fixed Income 2.5%
Intermediate-Term Bond 2.5%
Schwab U.S. Aggregate Bond ETF
749,774
531,551
—
—
(3,416
)
1,277,909
55,249
9,200
Total Affiliated Underlying Funds
(Cost $48,662,320)
$29,999,328
$16,751,422
($160,913
)
$1,618
$4,367,600
$50,959,055
$177,805
Total Investments in Securities
(Cost $48,662,320)
$50,959,055
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated
underlying funds.
 
ETF —
Exchange-Traded Fund
REIT —
Real Estate Investment Trust
At June 30, 2026, all of the fund’s investment securities were classified as Level 1. 
  
15
Schwab Target Index Funds
Notes to Portfolio Holdings (Unaudited)
Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the 1940 Act), the Board of Trustees has designated authority to a Valuation Designee, the funds’ investment adviser, to make fair valuation determinations under adopted procedures, subject to Board of Trustees oversight. The investment adviser has formed a Pricing Committee to administer the pricing and valuation of portfolio securities and other assets and liabilities as well as to ensure that prices used for internal purposes or provided by third parties reasonably reflect fair value. The Valuation Designee may utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.
Securities held in each fund’s portfolio are valued every business day. The following valuation policies and procedures are used by the Valuation Designee to value various types of securities:
● Securities traded on an exchange or over-the-counter: Traded securities are valued at the closing value for the day, or, on days when no closing value has been reported, at the mean of the most recent bid and ask quotes.
● Mutual funds: Mutual funds are valued at their respective net asset values.
● Securities for which no quoted value is available: The Valuation Designee has adopted procedures to fair value a fund’s securities when market prices are not “readily available” or are unreliable. For example, a security may be fair valued when it’s de-listed or its trading is halted or suspended; when a security’s primary pricing source is unable or unwilling to provide a price; or when a security’s primary trading market is closed during regular market hours. Fair value determinations are made in good faith in accordance with adopted valuation procedures. The Valuation Designee considers a number of factors, including unobservable market inputs, when arriving at fair value. The Valuation Designee may employ methods such as the review of related or comparable assets or liabilities, related market activities, recent transactions, market multiples, book values, transactional back-testing, disposition analysis and other relevant information. Due to the subjective and variable nature of fair value pricing, there can be no assurance that a fund could obtain the fair value assigned to the security upon the sale of such security.
In accordance with the authoritative guidance on fair value measurements and disclosures under generally accepted accounting principles in the United States of America (GAAP), the funds disclose the fair value of their investments in a hierarchy that prioritizes the significant inputs to valuation methods used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurements). If inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the valuation. If it is determined that either the volume and/or level of activity for an asset or liability has significantly decreased (from normal conditions for that asset or liability) or price quotations or observable inputs are not associated with orderly transactions, increased analysis and the Valuation Designee’s judgment will be required to estimate fair value.
The three levels of the fair value hierarchy are as follows:
● Level 1 — quoted prices in active markets for identical investments — Investments whose values are based on quoted market prices in active markets. These generally include active listed equities, mutual funds, exchange-traded funds and futures contracts. Mutual funds and exchange-traded funds are classified as Level 1 prices, without consideration to the classification level of the underlying securities held which could be Level 1, Level 2, or Level 3 in the fair value hierarchy.
● Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) — Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include forward foreign currency exchange contracts, U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain mortgage products, less liquid listed equities, and state, municipal and provincial obligations.
● Level 3 — significant unobservable inputs (including the Valuation Designee’s assumptions in determining the fair value of investments) — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not readily available for these securities, one or more valuation methods are used for which sufficient and reliable data is available. The inputs used in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated in the absence of market information. Assumptions used due to the lack of observable inputs may significantly impact the resulting fair value and therefore a fund’s results of operations.
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The levels associated with valuing the funds’ investments are disclosed in each fund’s Portfolio Holdings.
REG98260JUN26
16