Schwab Capital Trust
Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.7% OF NET ASSETS
 
Automobiles & Components 1.7%
Adient PLC *
133,107
2,800,571
Aptiv PLC *
75,963
4,289,631
BorgWarner, Inc.
139,616
8,899,124
Dana, Inc.
104,742
2,820,702
Ford Motor Co.
4,530,812
66,512,320
General Motors Co.
986,202
87,633,910
Gentex Corp.
125,000
2,920,000
Goodyear Tire & Rubber Co. *
632,133
4,393,324
Harley-Davidson, Inc.
116,956
2,870,100
Lear Corp.
67,319
8,794,554
Tesla, Inc. *
104,363
32,478,809
Thor Industries, Inc.
56,117
4,207,092
Versigent PLC *
7,971
329,601
 
228,949,738
 
Banks 5.6%
Bank of America Corp.
2,191,360
135,754,752
Citigroup, Inc.
789,953
104,629,275
Citizens Financial Group, Inc.
164,198
11,764,787
East West Bancorp, Inc.
30,643
4,014,233
Fifth Third Bancorp
291,707
16,481,446
First Citizens BancShares, Inc.,
Class A
2,137
4,672,871
First Horizon Corp.
143,123
3,669,674
Flagstar Bank NA
95,345
1,355,806
Huntington Bancshares, Inc.
487,629
8,309,198
JPMorgan Chase & Co.
613,975
215,990,265
KeyCorp
365,529
8,257,300
M&T Bank Corp.
43,167
10,631,600
PNC Financial Services Group, Inc.
122,732
30,667,045
Popular, Inc.
12,016
2,105,323
Regions Financial Corp.
299,091
9,256,866
Truist Financial Corp.
516,147
26,757,060
U.S. Bancorp
547,674
34,508,939
Webster Financial Corp.
39,797
3,073,124
Wells Fargo & Co.
1,174,706
101,553,334
Zions Bancorp NA
73,081
5,093,746
 
738,546,644
 
Capital Goods 6.5%
3M Co.
156,797
27,640,175
A.O. Smith Corp.
44,119
2,652,875
Acuity, Inc.
10,626
3,489,472
Advanced Drainage Systems, Inc.
9,207
1,274,985
AECOM
48,485
3,509,829
AerCap Holdings NV
23,562
3,555,506
AGCO Corp.
47,083
4,809,999
Allegion PLC
10,169
1,600,601
Allison Transmission Holdings, Inc.
31,504
3,608,468
AMETEK, Inc.
29,246
7,069,051
Atkore, Inc.
40,400
2,947,584
Boeing Co. *
12,083
2,611,620
Boise Cascade Co.
50,190
3,833,512
Builders FirstSource, Inc. *
127,315
8,458,809
Carlisle Cos., Inc.
14,449
5,200,484
SECURITY
NUMBER
OF SHARES
VALUE ($)
Carrier Global Corp.
179,291
11,081,977
Caterpillar, Inc.
74,950
61,070,010
CNH Industrial NV
633,297
6,491,294
Cummins, Inc.
30,497
19,341,197
Deere & Co.
68,906
40,838,519
Donaldson Co., Inc.
28,963
2,729,473
Dover Corp.
32,684
6,687,800
Eaton Corp. PLC
48,472
20,125,574
EMCOR Group, Inc.
6,801
5,423,321
Emerson Electric Co.
127,415
19,089,315
Fastenal Co.
186,701
8,907,505
Ferguson Enterprises, Inc.
55,983
13,118,496
Fluor Corp. *
86,948
4,362,181
Fortive Corp.
70,782
4,191,002
Fortune Brands Innovations, Inc.
82,381
4,058,088
Gates Industrial Corp. Ltd. *
95,094
2,660,730
GE Vernova, Inc.
7,041
6,972,632
Generac Holdings, Inc. *
13,334
2,628,265
General Dynamics Corp.
68,582
26,295,710
General Electric Co.
64,729
23,306,971
Graco, Inc.
31,850
2,528,253
Herc Holdings, Inc.
8,602
1,291,504
Honeywell Aerospace, Inc. *
79,867
16,511,704
Honeywell International, Inc.
79,867
19,411,674
Howmet Aerospace, Inc.
22,009
6,212,260
Hubbell, Inc., Class B
8,157
3,854,590
Huntington Ingalls Industries, Inc.
15,288
4,990,768
IDEX Corp.
17,091
3,938,621
Illinois Tool Works, Inc.
61,166
17,551,584
Ingersoll Rand, Inc.
64,293
5,360,750
ITT, Inc.
15,263
2,991,243
Johnson Controls International PLC
114,912
16,852,994
L3Harris Technologies, Inc.
61,635
17,076,593
Lennox International, Inc.
2,579
1,072,555
Lincoln Electric Holdings, Inc.
11,165
2,917,526
Lockheed Martin Corp.
88,184
51,388,344
Louisiana-Pacific Corp.
36,864
2,670,060
Masco Corp.
75,747
5,414,396
MasTec, Inc. *
11,292
2,970,925
Middleby Corp. *
17,862
2,386,006
Midera Food Processing, Inc. *
17,862
856,483
MSC Industrial Direct Co., Inc.,
Class A
25,175
3,106,595
Mueller Industries, Inc.
56,935
3,781,053
Nordson Corp.
9,818
2,923,604
Northrop Grumman Corp.
42,389
22,995,185
nVent Electric PLC
21,404
3,292,577
Oshkosh Corp.
30,253
4,308,330
Otis Worldwide Corp.
79,807
5,742,114
Owens Corning
63,023
8,753,895
PACCAR, Inc.
177,357
23,531,727
Parker-Hannifin Corp.
14,089
13,758,331
Pentair PLC
34,375
2,249,500
Quanta Services, Inc.
14,225
9,493,196
Regal Rexnord Corp.
20,445
4,195,927
Resideo Technologies, Inc. *
74,040
2,539,572
Rockwell Automation, Inc.
16,635
7,986,131
RTX Corp.
265,440
57,127,997
Rush Enterprises, Inc., Class A
45,633
3,641,057
Sensata Technologies Holding PLC
90,410
4,185,079
Snap-on, Inc.
15,917
6,532,496
  
1

Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Stanley Black & Decker, Inc.
117,610
11,123,554
Textron, Inc.
70,680
6,026,177
Timken Co.
28,940
3,980,697
Toro Co.
34,904
3,206,630
Trane Technologies PLC
12,219
5,559,034
TransDigm Group, Inc.
5,568
6,984,388
UFP Industries, Inc.
45,039
3,906,683
United Rentals, Inc.
15,669
16,910,925
Vertiv Holdings Co., Class A
5,145
1,242,878
Watsco, Inc.
10,308
3,188,264
WESCO International, Inc.
23,470
8,061,710
Westinghouse Air Brake
Technologies Corp.
32,545
9,466,039
WillScot Holdings Corp.
119,045
2,890,413
WW Grainger, Inc.
9,150
12,647,313
Xylem, Inc.
40,033
4,682,660
 
849,913,594
 
Commercial & Professional Services 1.0%
ABM Industries, Inc.
57,766
2,767,569
Automatic Data Processing, Inc.
69,346
18,477,935
Booz Allen Hamilton Holding Corp.,
Class A
51,495
3,590,231
Broadridge Financial Solutions, Inc.
19,986
3,076,845
CACI International, Inc., Class A *
6,925
3,446,919
Cintas Corp.
44,967
9,201,597
Clean Harbors, Inc. *
4,594
1,437,371
Concentrix Corp.
87,888
2,162,045
Copart, Inc. *
101,121
2,944,644
Equifax, Inc.
21,328
3,681,639
Genpact Ltd.
84,686
2,978,407
Jacobs Solutions, Inc.
45,726
6,169,809
KBR, Inc.
66,019
2,416,956
Leidos Holdings, Inc.
45,411
5,249,512
ManpowerGroup, Inc.
137,666
7,216,452
Maximus, Inc.
32,859
1,979,755
Mobility Global, Inc. *
45,200
921,176
Paychex, Inc.
68,904
8,050,743
Republic Services, Inc., Class A
33,816
7,119,959
Robert Half, Inc.
166,586
6,296,951
Science Applications International
Corp.
39,203
4,591,847
SS&C Technologies Holdings, Inc.
65,161
5,020,655
TransUnion
37,144
2,920,261
Veralto Corp.
32,754
3,084,444
Verisk Analytics, Inc., Class A
23,265
4,533,185
Waste Management, Inc.
76,173
17,256,993
 
136,593,900
 
Consumer Discretionary Distribution & Retail 4.5%
Academy Sports & Outdoors, Inc.
70,273
3,334,454
Advance Auto Parts, Inc.
82,258
4,568,609
Amazon.com, Inc. *
926,160
251,526,533
American Eagle Outfitters, Inc.
144,361
2,480,122
Asbury Automotive Group, Inc. *
18,701
4,333,022
AutoNation, Inc. *
33,007
7,010,687
AutoZone, Inc. *
1,726
5,206,047
Bath & Body Works, Inc.
159,041
3,199,905
Best Buy Co., Inc.
236,926
20,437,237
Burlington Stores, Inc. *
8,850
3,261,048
CarMax, Inc. *
145,742
8,345,187
Coupang, Inc., Class A *
126,479
2,067,932
Dick's Sporting Goods, Inc.
24,606
4,820,561
eBay, Inc.
175,998
20,065,532
Gap, Inc.
143,997
2,892,900
Genuine Parts Co.
66,281
8,243,368
Group 1 Automotive, Inc.
14,378
4,123,179
SECURITY
NUMBER
OF SHARES
VALUE ($)
Home Depot, Inc.
235,411
78,147,035
Kohl's Corp.
415,143
7,945,837
Lithia Motors, Inc., Class A
26,908
10,370,881
LKQ Corp.
255,262
5,730,632
Lowe's Cos., Inc.
208,418
43,311,345
Macy's, Inc.
463,549
11,505,286
Murphy USA, Inc.
10,646
6,470,213
O'Reilly Automotive, Inc. *
126,566
11,308,672
Penske Automotive Group, Inc.
15,061
3,272,906
Pool Corp.
12,513
2,323,789
Ross Stores, Inc.
51,966
13,047,104
Signet Jewelers Ltd.
34,908
3,242,953
TJX Cos., Inc.
169,720
26,703,745
Tractor Supply Co.
164,049
5,047,788
Ulta Beauty, Inc. *
9,510
4,877,013
Williams-Sonoma, Inc.
26,979
6,169,018
 
595,390,540
 
Consumer Durables & Apparel 1.3%
Brunswick Corp.
55,723
4,402,117
Capri Holdings Ltd. *
178,367
2,841,386
Carter's, Inc.
65,607
2,530,462
Crocs, Inc. *
32,292
4,133,699
Deckers Outdoor Corp. *
38,757
3,754,778
Dr. Horton, Inc.
156,063
22,326,373
Hasbro, Inc.
47,919
4,501,511
KB Home
56,251
3,092,118
Leggett & Platt, Inc.
253,667
2,485,937
Lennar Corp., Class A
189,767
15,627,312
M/I Homes, Inc. *
18,484
2,701,067
Mattel, Inc. *
159,174
2,401,936
Meritage Homes Corp.
63,881
4,484,446
Mohawk Industries, Inc. *
53,211
6,550,274
Newell Brands, Inc.
886,648
4,965,229
NIKE, Inc., Class B
523,082
21,817,750
NVR, Inc. *
1,377
8,464,488
Polaris, Inc.
57,292
3,843,147
PulteGroup, Inc.
113,075
14,300,595
PVH Corp.
71,756
6,218,375
Ralph Lauren Corp., Class A
9,002
3,423,821
Somnigroup International, Inc.
30,465
1,990,278
Tapestry, Inc.
45,146
6,878,896
Toll Brothers, Inc.
44,135
6,438,855
VF Corp.
354,186
5,071,944
Whirlpool Corp.
108,244
4,059,150
 
169,305,944
 
Consumer Services 1.3%
ADT, Inc.
393,221
3,004,208
Airbnb, Inc., Class A *
12,988
1,967,942
Aramark
80,066
4,561,360
Booking Holdings, Inc.
112,690
21,737,901
Boyd Gaming Corp.
15,316
1,302,779
Caesars Entertainment, Inc. *
221,735
6,596,616
Carnival Corp. Ltd.
85,230
2,370,246
Chipotle Mexican Grill, Inc., Class A *
168,428
6,268,890
Darden Restaurants, Inc.
32,718
6,660,731
Domino's Pizza, Inc.
8,070
2,803,841
Expedia Group, Inc.
19,510
5,750,377
Flutter Entertainment PLC *
28,932
3,022,526
Hilton Worldwide Holdings, Inc.
18,925
6,065,273
Las Vegas Sands Corp.
48,846
2,388,081
Marriott International, Inc., Class A
20,497
7,641,897
Marriott Vacations Worldwide Corp.
38,442
3,748,479
McDonald's Corp.
124,906
33,804,560
MGM Resorts International *
144,016
6,418,793
Penn Entertainment, Inc. *
180,871
3,713,282
2
  

Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Royal Caribbean Cruises Ltd.
9,478
3,016,847
Service Corp. International
41,220
3,552,752
Starbucks Corp.
236,767
24,919,727
Texas Roadhouse, Inc., Class A
13,658
2,805,900
Vail Resorts, Inc.
17,872
2,669,719
Yum! Brands, Inc.
51,590
7,907,715
 
174,700,442
 
Consumer Staples Distribution & Retail 3.0%
Albertsons Cos., Inc., Class A
494,568
5,727,097
Andersons, Inc.
48,758
3,451,091
BJ's Wholesale Club Holdings, Inc. *
47,461
4,640,737
Casey's General Stores, Inc.
9,276
8,079,396
Costco Wholesale Corp.
79,085
75,280,221
Dollar General Corp.
148,910
18,919,016
Dollar Tree, Inc. *
101,535
12,916,267
Kroger Co.
493,257
28,480,659
Performance Food Group Co. *
99,124
11,338,794
Sprouts Farmers Market, Inc. *
33,363
2,907,919
Sysco Corp.
168,011
14,321,258
Target Corp.
408,218
58,983,419
U.S. Foods Holding Corp. *
113,832
11,450,361
United Natural Foods, Inc. *
118,128
6,004,446
Walmart, Inc.
1,129,491
125,599,399
 
388,100,080
 
Energy 9.8%
Antero Resources Corp. *
149,095
5,388,293
APA Corp.
381,432
14,235,042
Baker Hughes Co., Class A
286,947
17,357,424
California Resources Corp.
48,024
2,527,023
Cheniere Energy, Inc.
63,742
16,800,479
Chevron Corp.
1,045,375
205,761,161
Chord Energy Corp.
44,471
6,242,839
CNX Resources Corp. *
84,203
3,014,467
ConocoPhillips
754,486
90,900,473
Devon Energy Corp.
699,985
31,590,323
Diamondback Energy, Inc.
52,224
10,598,861
EOG Resources, Inc.
300,593
44,695,173
EQT Corp.
155,339
8,278,015
Expand Energy Corp.
116,360
10,941,331
ExxonMobil Holdings Corp.
2,011,597
312,682,638
Halliburton Co.
411,377
13,266,908
Helmerich & Payne, Inc.
81,844
2,829,347
HF Sinclair Corp.
214,275
19,599,734
Kinder Morgan, Inc.
680,829
21,909,077
Liberty Energy, Inc., Class A
47,290
884,796
Marathon Petroleum Corp.
286,879
90,788,597
Matador Resources Co.
55,041
2,745,996
Murphy Oil Corp.
135,407
5,381,074
NOV, Inc.
238,715
4,638,233
Occidental Petroleum Corp.
488,005
27,850,445
ONEOK, Inc.
185,135
16,812,109
Ovintiv, Inc.
283,185
17,687,735
Patterson-UTI Energy, Inc.
362,591
3,799,954
PBF Energy, Inc., Class A
287,019
20,745,733
Peabody Energy Corp.
139,950
2,983,734
Permian Resources Corp., Class A
85,753
1,827,397
Phillips 66
314,452
66,563,199
Range Resources Corp.
98,063
3,936,249
SLB Ltd.
543,426
26,948,495
SM Energy Co.
217,922
7,086,824
Targa Resources Corp.
40,205
10,870,226
TechnipFMC PLC
66,666
4,777,286
Valero Energy Corp.
340,973
106,690,452
SECURITY
NUMBER
OF SHARES
VALUE ($)
Williams Cos., Inc.
241,790
17,297,657
World Kinect Corp.
186,172
7,420,816
 
1,286,355,615
 
Equity Real Estate Investment Trusts (REITs) 1.5%
Alexandria Real Estate Equities, Inc.
96,540
4,966,983
American Tower Corp.
82,060
14,225,922
AvalonBay Communities, Inc.
29,295
5,437,445
BXP, Inc.
75,729
5,310,117
Camden Property Trust
25,996
2,880,617
Crown Castle, Inc.
124,235
9,479,130
Digital Realty Trust, Inc.
54,213
10,220,235
Equinix, Inc.
9,604
9,789,165
Equity Residential
103,038
6,846,875
Essex Property Trust, Inc.
13,657
3,880,500
Extra Space Storage, Inc.
28,788
4,261,776
Gaming & Leisure Properties, Inc.
53,040
2,375,662
Healthpeak Properties, Inc.
228,647
4,991,364
Host Hotels & Resorts, Inc.
227,116
5,707,425
Invitation Homes, Inc.
129,574
3,850,939
Iron Mountain, Inc.
47,203
5,773,871
Kimco Realty Corp.
140,804
3,587,686
Lamar Advertising Co., Class A
18,550
2,967,258
Mid-America Apartment
Communities, Inc.
29,892
3,955,907
Prologis, Inc.
111,929
16,186,053
Public Storage
22,171
7,187,173
Realty Income Corp.
103,129
6,586,849
Regency Centers Corp.
34,200
2,745,918
SBA Communications Corp., Class A
18,986
3,436,086
Simon Property Group, Inc.
48,243
11,065,497
Sun Communities, Inc.
27,099
3,346,185
UDR, Inc.
81,328
3,103,476
Ventas, Inc.
77,266
7,225,144
VICI Properties, Inc., Class A
161,590
4,257,897
Vornado Realty Trust
29,170
1,149,006
Welltower, Inc.
48,026
11,259,215
Weyerhaeuser Co.
464,033
11,614,746
WP Carey, Inc.
44,147
3,249,219
 
202,921,341
 
Financial Services 7.3%
Affiliated Managers Group, Inc.
12,055
4,420,930
AGNC Investment Corp.
263,087
2,804,507
Ally Financial, Inc.
261,033
11,310,560
American Express Co.
91,381
30,726,861
Ameriprise Financial, Inc.
25,520
13,929,837
Annaly Capital Management, Inc.
253,728
5,764,700
Apollo Global Management, Inc.
38,524
4,838,229
ARES Management Corp., Class A
10,212
1,308,055
Bank of New York Mellon Corp.
186,038
29,083,321
Berkshire Hathaway, Inc., Class A *
73
55,961,801
Berkshire Hathaway, Inc., Class B *
317,090
162,204,219
Blackrock, Inc.
21,763
23,730,158
Blackstone, Inc.
83,357
10,648,857
Block, Inc. *
116,821
9,490,538
Bread Financial Holdings, Inc.
44,559
4,815,491
Capital One Financial Corp.
247,311
51,690,472
Carlyle Group, Inc.
66,890
3,078,278
Cboe Global Markets, Inc.
6,418
1,991,056
Charles Schwab Corp. (a)
188,451
19,832,583
CME Group, Inc.
45,461
12,174,001
Corebridge Financial, Inc.
205,642
6,413,974
Corpay, Inc. *
17,666
6,750,355
Equitable Holdings, Inc.
100,215
4,775,245
Evercore, Inc., Class A
10,584
3,392,807
  
3

Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Fidelity National Information
Services, Inc.
302,390
13,538,000
Fiserv, Inc. *
304,922
16,447,493
Franklin Resources, Inc.
184,705
6,254,111
Global Payments, Inc.
169,509
14,252,317
Goldman Sachs Group, Inc.
69,713
70,994,325
Intercontinental Exchange, Inc.
79,240
12,082,515
Invesco Ltd.
187,515
5,550,444
Jack Henry & Associates, Inc.
16,854
2,596,190
Jackson Financial, Inc., Class A
40,245
4,921,159
Jefferies Financial Group, Inc.
63,853
3,486,374
KKR & Co., Inc.
57,283
5,810,215
LPL Financial Holdings, Inc.
13,938
4,929,871
Mastercard, Inc., Class A
64,767
37,117,968
MGIC Investment Corp.
96,058
2,885,582
Moody's Corp.
16,730
8,003,297
Morgan Stanley
263,979
55,546,461
MSCI, Inc., Class A
6,315
3,613,696
Nasdaq, Inc.
59,019
5,559,000
Northern Trust Corp.
48,428
8,823,097
OneMain Holdings, Inc.
124,303
7,778,882
PayPal Holdings, Inc.
470,886
26,939,388
PROG Holdings, Inc.
74,161
3,264,567
Raymond James Financial, Inc.
36,865
6,487,503
Rithm Capital Corp.
339,413
3,353,400
Rocket Cos., Inc., Class A *
95,711
1,234,672
S&P Global, Inc.
45,474
18,732,105
SEI Investments Co.
35,626
3,668,765
SLM Corp.
151,385
3,935,253
Starwood Property Trust, Inc.
156,124
2,494,862
State Street Corp.
106,090
19,537,534
StoneX Group, Inc. *
50,172
3,841,670
Synchrony Financial
326,399
24,737,780
T. Rowe Price Group, Inc.
140,474
15,697,969
Visa, Inc., Class A
145,150
53,143,769
Voya Financial, Inc.
35,797
3,559,296
Western Union Co.
464,406
2,953,622
 
964,909,987
 
Food, Beverage & Tobacco 3.2%
Altria Group, Inc.
548,031
37,446,958
Archer-Daniels-Midland Co.
481,041
38,132,120
Brown-Forman Corp., Class B
119,376
3,429,673
Bunge Global SA
192,393
20,437,908
Campbell's Co. (b)
150,678
3,311,902
Coca-Cola Co.
573,080
50,196,077
Coca-Cola Consolidated, Inc.
7,764
1,458,856
Conagra Brands, Inc.
524,472
7,610,089
Constellation Brands, Inc., Class A
67,452
8,784,274
Darling Ingredients, Inc. *
76,408
4,633,381
Flowers Foods, Inc.
232,647
1,633,182
General Mills, Inc.
385,461
13,780,231
Hershey Co.
35,458
6,206,923
Hormel Foods Corp.
193,705
4,844,562
Ingredion, Inc.
41,691
4,146,587
J.M. Smucker Co.
66,215
7,896,801
Keurig Dr. Pepper, Inc.
434,197
13,512,211
Kraft Heinz Co.
770,559
19,918,950
Lamb Weston Holdings, Inc.
67,450
3,544,498
McCormick & Co., Inc. - Non Voting
Shares
79,246
4,033,621
Molson Coors Beverage Co., Class B
155,923
6,480,160
Mondelez International, Inc., Class A
481,859
30,024,634
Monster Beverage Corp. *
65,577
6,320,311
PepsiCo, Inc.
377,588
52,696,181
Philip Morris International, Inc.
268,289
51,194,907
SECURITY
NUMBER
OF SHARES
VALUE ($)
Post Holdings, Inc. *
25,149
2,298,870
Tyson Foods, Inc., Class A
330,437
19,152,129
 
423,125,996
 
Health Care Equipment & Services 6.6%
Abbott Laboratories
427,052
45,139,396
Align Technology, Inc. *
26,625
4,503,885
AMN Healthcare Services, Inc. *
110,303
3,709,490
Baxter International, Inc.
459,746
12,026,955
Becton Dickinson & Co.
86,393
14,308,409
Boston Scientific Corp. *
144,071
6,732,438
Cardinal Health, Inc.
43,345
9,970,650
Cencora, Inc.
27,755
8,641,242
Centene Corp. *
924,792
57,540,558
Cigna Group
209,746
58,529,621
Community Health Systems, Inc. *
459,234
1,281,263
Cooper Cos., Inc. *
48,689
3,521,189
CVS Health Corp.
1,129,461
117,949,612
DaVita, Inc. *
27,094
6,504,998
Dentsply Sirona, Inc.
272,462
3,642,817
Edwards Lifesciences Corp. *
97,490
8,390,964
Elevance Health, Inc.
171,362
64,404,694
Encompass Health Corp.
22,332
2,480,415
GE HealthCare Technologies, Inc.
128,351
8,730,435
HCA Healthcare, Inc.
53,887
21,694,367
Henry Schein, Inc. *
71,389
6,121,607
Humana, Inc.
140,999
51,303,896
IDEXX Laboratories, Inc. *
6,312
3,528,850
Intuitive Surgical, Inc. *
17,246
6,093,529
Labcorp Holdings, Inc.
52,493
16,230,836
McKesson Corp.
20,019
17,140,068
Medtronic PLC
258,414
22,065,972
Molina Healthcare, Inc. *
60,410
11,817,404
Quest Diagnostics, Inc.
40,639
9,469,293
QuidelOrtho Corp. *
124,955
2,095,495
ResMed, Inc.
18,031
3,804,180
Solventum Corp. *
84,983
7,260,948
STERIS PLC
19,934
4,552,926
Stryker Corp.
46,509
15,147,981
Teleflex, Inc.
23,849
3,260,397
Tenet Healthcare Corp. *
34,536
8,799,082
UnitedHealth Group, Inc.
497,154
206,020,618
Universal Health Services, Inc.,
Class B
40,458
6,814,746
Zimmer Biomet Holdings, Inc.
83,314
7,825,684
 
869,056,910
 
Household & Personal Products 1.2%
Church & Dwight Co., Inc.
54,866
5,421,310
Clorox Co.
36,327
3,470,318
Colgate-Palmolive Co.
174,117
15,896,882
Estee Lauder Cos., Inc., Class A
83,196
6,980,144
Kenvue, Inc.
675,338
12,993,503
Kimberly-Clark Corp.
113,210
12,374,985
Procter & Gamble Co.
646,088
93,353,255
Spectrum Brands Holdings, Inc.
16,537
1,467,990
 
151,958,387
 
Insurance 2.8%
Aflac, Inc.
173,807
22,156,916
Allstate Corp.
96,691
25,534,159
American Financial Group, Inc.
41,424
5,870,609
American International Group, Inc.
402,241
31,608,098
Aon PLC, Class A
45,223
16,305,153
Arch Capital Group Ltd. *
45,312
4,555,215
Arthur J Gallagher & Co.
29,716
7,411,765
4
  

Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Assurant, Inc.
14,092
3,934,346
Brown & Brown, Inc.
39,799
2,801,850
Chubb Ltd.
76,697
26,896,104
Cincinnati Financial Corp.
45,974
8,168,660
CNO Financial Group, Inc.
61,780
3,403,460
Everest Group Ltd.
8,489
3,176,159
F&G Annuities & Life, Inc.
4,203
120,080
Fidelity National Financial, Inc.
112,259
5,791,442
First American Financial Corp.
63,457
4,758,640
Genworth Financial, Inc., Class A *
299,225
2,941,382
Globe Life, Inc.
21,214
3,866,252
Hartford Insurance Group, Inc.
86,338
12,252,226
Lincoln National Corp.
122,206
5,573,816
Loews Corp.
50,243
5,828,690
Markel Group, Inc. *
3,427
6,450,779
Marsh & McLennan Cos., Inc.
100,489
19,061,758
MetLife, Inc.
269,344
25,892,039
Old Republic International Corp.
123,220
5,324,336
Primerica, Inc.
9,514
3,044,100
Principal Financial Group, Inc.
102,377
11,640,265
Progressive Corp.
105,972
22,404,600
Prudential Financial, Inc.
154,665
18,881,503
Reinsurance Group of America, Inc.
17,698
4,191,771
RenaissanceRe Holdings Ltd.
5,788
1,852,044
Travelers Cos., Inc.
68,926
25,803,137
Unum Group
66,417
5,719,168
W.R. Berkley Corp.
64,974
4,713,214
Willis Towers Watson PLC
25,529
8,575,702
 
366,509,438
 
Materials 3.7%
Air Products & Chemicals, Inc.
48,327
14,251,149
Albemarle Corp.
36,238
4,263,038
Alcoa Corp.
131,420
5,948,069
Alpha Metallurgical Resources, Inc. *
15,436
2,117,202
Amcor PLC
196,248
8,807,610
AptarGroup, Inc.
19,831
2,656,561
Ashland, Inc.
47,160
3,424,288
Avery Dennison Corp.
27,786
4,716,118
Axalta Coating Systems Ltd. *
83,243
2,980,932
Ball Corp.
133,311
8,651,884
Celanese Corp., Class A
134,644
6,021,280
CF Industries Holdings, Inc.
101,521
12,709,414
Chemours Co.
171,592
2,850,143
Cleveland-Cliffs, Inc. *
823,896
9,491,282
Commercial Metals Co.
79,674
5,475,197
Corteva, Inc.
196,768
15,487,609
CRH PLC
202,013
19,193,255
Crown Holdings, Inc.
49,644
5,850,545
Dow, Inc.
1,146,103
34,715,460
DuPont de Nemours, Inc.
65,353
8,953,361
Eagle Materials, Inc.
11,926
2,444,114
Eastman Chemical Co.
115,238
8,060,898
Ecolab, Inc.
35,554
9,870,857
FMC Corp.
276,514
2,961,465
Freeport-McMoRan, Inc.
396,769
24,849,643
Graphic Packaging Holding Co.
323,135
3,467,239
Huntsman Corp.
407,253
3,974,789
International Flavors & Fragrances,
Inc.
106,161
8,410,074
International Paper Co.
310,381
12,672,856
James Hardie Industries PLC, ADR *
79,738
2,096,312
Linde PLC
78,980
37,782,452
LyondellBasell Industries NV, Class A
374,449
23,245,794
Martin Marietta Materials, Inc.
9,197
4,829,713
Mosaic Co.
468,747
10,368,684
Newmont Corp.
168,065
15,749,371
Nucor Corp.
182,904
47,059,370
SECURITY
NUMBER
OF SHARES
VALUE ($)
O-I Glass, Inc. *
176,510
1,262,047
Olin Corp.
260,044
4,813,414
Packaging Corp. of America
31,459
7,733,881
PPG Industries, Inc.
94,103
10,400,264
Reliance, Inc.
35,864
14,564,370
RPM International, Inc.
37,791
4,046,282
Sherwin-Williams Co.
28,562
9,735,358
Smurfit Westrock PLC
101,897
4,684,205
Solstice Advanced Materials, Inc.
51,360
3,090,331
Sonoco Products Co.
71,841
4,048,959
Steel Dynamics, Inc.
90,101
22,638,777
Vulcan Materials Co.
19,520
5,242,486
Westlake Corp.
30,577
2,155,679
 
490,824,081
 
Media & Entertainment 6.1%
Alphabet, Inc., Class A
702,133
250,050,625
Alphabet, Inc., Class C
564,316
201,263,301
Charter Communications, Inc.,
Class A *
164,463
23,843,846
Electronic Arts, Inc.
52,174
10,949,236
Fox Corp., Class A
168,391
9,805,408
Meta Platforms, Inc., Class A
282,989
157,542,806
Netflix, Inc. *
429,952
30,831,858
News Corp., Class A
209,323
5,768,942
Nexstar Media Group, Inc., Class A
25,602
4,877,949
Omnicom Group, Inc.
151,775
11,944,693
Optimum Communications, Inc.,
Class A *(b)
1,157,683
882,386
Paramount Skydance Corp.,
Class B (b)
692,070
5,508,877
Sirius XM Holdings, Inc.
189,739
5,620,069
Take-Two Interactive Software, Inc. *
12,276
2,982,086
Versant Media Group, Inc.
55,911
2,012,237
Walt Disney Co.
471,170
45,321,842
Warner Bros Discovery, Inc. *
1,283,727
33,762,020
 
802,968,181
 
Pharmaceuticals, Biotechnology & Life Sciences 6.5%
AbbVie, Inc.
332,915
83,541,690
Agilent Technologies, Inc.
62,767
8,685,070
Amgen, Inc.
135,304
52,113,689
Avantor, Inc. *
432,164
5,955,220
Biogen, Inc. *
72,856
14,786,125
Bristol-Myers Squibb Co.
1,180,567
77,102,831
Charles River Laboratories
International, Inc. *
16,000
3,720,160
Danaher Corp.
116,244
22,665,255
Elanco Animal Health, Inc. *
133,950
3,532,262
Eli Lilly & Co.
32,272
37,075,364
Gilead Sciences, Inc.
305,658
39,799,728
ICON PLC *
24,332
3,979,864
Illumina, Inc. *
24,523
5,029,667
Incyte Corp. *
15,585
1,862,719
IQVIA Holdings, Inc. *
48,921
11,497,413
Jazz Pharmaceuticals PLC *
18,708
4,730,505
Johnson & Johnson
534,577
137,038,814
Merck & Co., Inc.
718,652
93,568,490
Mettler-Toledo International, Inc. *
3,417
4,839,497
Moderna, Inc. *
366,891
20,112,965
Organon & Co.
491,060
6,653,863
Perrigo Co. PLC
109,887
1,110,958
Pfizer, Inc.
3,513,453
87,871,460
Regeneron Pharmaceuticals, Inc.
27,896
21,274,326
Revvity, Inc.
40,448
4,551,209
Thermo Fisher Scientific, Inc.
80,535
46,251,251
United Therapeutics Corp. *
6,806
3,523,534
  
5

Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Vertex Pharmaceuticals, Inc. *
28,354
13,527,693
Viatris, Inc.
1,112,195
19,530,144
Waters Corp. *
17,267
6,515,012
West Pharmaceutical Services, Inc.
12,185
4,154,598
Zoetis, Inc.
95,574
7,386,914
 
853,988,290
 
Real Estate Management & Development 0.2%
CBRE Group, Inc., Class A *
85,733
12,586,462
Cushman & Wakefield Ltd. *
196,002
2,630,347
Jones Lang LaSalle, Inc. *
22,504
7,989,595
 
23,206,404
 
Semiconductors & Semiconductor Equipment 5.9%
Advanced Micro Devices, Inc. *
76,219
36,291,677
Analog Devices, Inc.
68,261
25,079,774
Applied Materials, Inc.
114,583
58,170,352
Broadcom, Inc.
174,086
67,768,198
First Solar, Inc. *
11,616
2,451,324
Intel Corp. *
2,123,598
191,548,540
KLA Corp.
101,544
18,564,274
Lam Research Corp.
126,823
37,161,675
Marvell Technology, Inc.
51,019
9,569,124
Microchip Technology, Inc.
135,435
10,061,466
Micron Technology, Inc.
135,574
111,581,469
Monolithic Power Systems, Inc.
946
1,349,024
NVIDIA Corp.
380,250
76,335,188
ON Semiconductor Corp. *
118,643
9,682,455
Qnity Electronics, Inc.
88,550
11,615,989
Qorvo, Inc. *
58,156
5,267,189
QUALCOMM, Inc.
271,324
40,050,136
Skyworks Solutions, Inc.
95,508
5,948,238
Teradyne, Inc.
23,780
8,743,668
Texas Instruments, Inc.
171,905
47,401,085
 
774,640,845
 
Software & Services 4.6%
Accenture PLC, Class A
222,641
36,940,595
Adobe, Inc. *
106,338
26,628,099
Akamai Technologies, Inc. *
45,793
5,274,438
Amdocs Ltd.
68,572
3,820,832
Autodesk, Inc. *
17,546
4,109,273
Cadence Design Systems, Inc. *
14,876
5,058,138
Cognizant Technology Solutions
Corp., Class A
320,249
17,725,782
DXC Technology Co. *
367,647
4,132,352
EPAM Systems, Inc. *
23,204
2,449,414
Everforth, Inc. *
58,592
1,666,356
Fortinet, Inc. *
48,153
7,798,378
Gartner, Inc. *
23,655
3,572,378
Gen Digital, Inc.
177,638
4,876,163
GoDaddy, Inc., Class A *
33,614
2,781,222
International Business Machines
Corp.
178,034
39,817,304
Intuit, Inc.
30,947
9,781,418
Kyndryl Holdings, Inc. *
198,683
2,692,155
Microsoft Corp.
744,630
346,044,454
Oracle Corp.
215,653
28,006,855
Palo Alto Networks, Inc. *
18,292
6,069,834
Roper Technologies, Inc.
17,607
6,901,416
Salesforce, Inc.
133,172
24,506,311
ServiceNow, Inc. *
33,960
3,777,371
Synopsys, Inc. *
10,966
4,263,142
Trimble, Inc. *
45,191
2,556,907
SECURITY
NUMBER
OF SHARES
VALUE ($)
Workday, Inc., Class A *
10,659
1,709,064
Zoom Communications, Inc. *
40,336
3,875,080
 
606,834,731
 
Technology Hardware & Equipment 7.5%
Amphenol Corp., Class A
75,601
12,149,081
Apple, Inc.
1,884,076
582,009,917
Arista Networks, Inc. *
34,250
6,176,987
Arrow Electronics, Inc. *
63,149
13,676,179
Avnet, Inc.
138,996
12,348,405
CDW Corp.
58,746
8,683,246
Ciena Corp. *
15,372
5,796,013
Cisco Systems, Inc.
880,271
102,102,633
Corning, Inc.
109,171
15,092,891
Dell Technologies, Inc., Class C
59,150
23,977,635
F5, Inc. *
9,968
4,012,818
Flex Ltd. *
95,333
10,844,129
Hewlett Packard Enterprise Co.
779,068
37,317,357
HP, Inc.
929,862
25,357,337
Insight Enterprises, Inc. *
30,167
3,889,431
Jabil, Inc.
31,954
10,067,108
Keysight Technologies, Inc. *
26,702
8,520,074
Motorola Solutions, Inc.
17,424
7,592,508
NetApp, Inc.
54,451
9,719,503
Sandisk Corp. *
2,600
3,158,558
Sanmina Corp. *
22,286
4,135,390
Seagate Technology Holdings PLC
26,570
22,747,374
Super Micro Computer, Inc. *
49,712
1,411,821
TD SYNNEX Corp.
50,580
12,933,306
TE Connectivity PLC
65,689
13,511,570
Teledyne Technologies, Inc. *
6,835
4,480,821
Vishay Intertechnology, Inc.
122,067
4,177,133
Western Digital Corp.
36,403
19,833,811
Xerox Holdings Corp.
721,761
2,129,195
Zebra Technologies Corp., Class A *
15,156
4,453,136
 
992,305,367
 
Telecommunication Services 2.6%
AT&T, Inc.
4,242,020
98,626,965
Comcast Corp., Class A
3,036,702
72,759,380
Liberty Global Ltd., Class C *
334,465
3,465,057
Liberty Latin America Ltd., Class C *
219,366
1,770,284
Lumen Technologies, Inc. *
2,119,682
13,523,571
Telephone & Data Systems, Inc.
62,861
2,110,872
T-Mobile U.S., Inc.
140,767
24,311,869
Verizon Communications, Inc.
2,704,411
126,593,479
 
343,161,477
 
Transportation 2.2%
Alaska Air Group, Inc. *
58,880
2,793,856
Avis Budget Group, Inc. *
33,779
4,642,586
CH Robinson Worldwide, Inc.
48,389
7,148,507
CSX Corp.
637,911
32,150,714
Delta Air Lines, Inc.
43,340
3,789,650
Expeditors International of
Washington, Inc.
69,607
11,686,319
FedEx Corp.
128,928
39,632,467
Fedex Freight Holding Co., Inc. *
64,531
9,068,541
GXO Logistics, Inc. *
51,371
2,576,769
Hertz Global Holdings, Inc. *(b)
423,970
671,992
Hub Group, Inc., Class A
63,852
2,971,034
JB Hunt Transport Services, Inc.
33,772
9,177,541
Knight-Swift Transportation
Holdings, Inc.
101,321
7,044,849
Landstar System, Inc.
24,523
4,285,885
Matson, Inc.
24,246
4,911,997
6
  

Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Norfolk Southern Corp.
68,297
22,912,278
Old Dominion Freight Line, Inc.
44,332
9,404,590
Ryder System, Inc.
31,836
8,163,387
Uber Technologies, Inc. *
80,710
5,678,756
U-Haul Holding Co., Non Voting
Shares
54,957
3,439,209
Union Pacific Corp.
172,950
50,523,884
United Parcel Service, Inc., Class B
453,264
47,239,174
 
289,913,985
 
Utilities 3.1%
AES Corp.
519,981
7,633,321
Alliant Energy Corp.
67,441
4,773,474
Ameren Corp.
71,972
7,888,851
American Electric Power Co., Inc.
153,866
19,671,768
American Water Works Co., Inc.
42,083
5,646,276
Atmos Energy Corp.
27,338
4,723,460
CenterPoint Energy, Inc.
185,204
7,785,976
CMS Energy Corp.
90,025
6,480,900
Consolidated Edison, Inc.
132,058
14,374,513
Constellation Energy Corp.
32,331
8,494,970
Dominion Energy, Inc.
336,831
23,298,600
DTE Energy Co.
61,663
8,748,130
Duke Energy Corp.
278,119
34,884,466
Edison International
226,790
16,639,582
Entergy Corp.
118,068
12,706,478
Essential Utilities, Inc.
72,360
2,883,546
Evergy, Inc.
88,710
7,363,817
Eversource Energy
143,390
10,265,290
Exelon Corp.
415,181
19,023,594
FirstEnergy Corp.
210,732
10,180,463
National Fuel Gas Co.
30,042
2,472,757
NextEra Energy, Inc.
362,601
31,517,279
NiSource, Inc.
121,537
5,399,889
NRG Energy, Inc.
42,635
5,725,454
OGE Energy Corp.
74,918
3,547,367
PG&E Corp.
875,725
15,220,101
Pinnacle West Capital Corp.
47,546
4,801,671
Portland General Electric Co.
48,822
2,408,389
PPL Corp.
258,966
9,118,193
Public Service Enterprise Group, Inc.
138,949
10,654,609
Sempra
171,071
15,148,337
Southern Co.
311,223
29,423,023
Southwest Gas Holdings, Inc.
15,599
1,394,551
UGI Corp.
143,858
5,196,151
SECURITY
NUMBER
OF SHARES
VALUE ($)
Vistra Corp.
59,521
8,820,417
WEC Energy Group, Inc.
83,305
9,115,233
Xcel Energy, Inc.
171,030
13,374,546
 
406,805,442
Total Common Stocks
(Cost $7,539,337,686)
13,130,987,359
 
 
 
 
SHORT-TERM INVESTMENTS 0.3% OF NET ASSETS
 
Money Market Funds 0.3%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 3.62% (c)
39,231,520
39,231,520
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 3.62% (c)(d)
8,208,700
8,208,700
 
47,440,220
Total Short-Term Investments
(Cost $47,440,220)
47,440,220
Total Investments in Securities
(Cost $7,586,777,906)
13,178,427,579
 
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 500 Index, e-mini, expires
09/18/26
125
46,995,313
(177,558
)
 
*
Non-income producing security.
(a)
Issuer is affiliated with the fund’s investment adviser.
(b)
All or a portion of this security is on loan.
(c)
The rate shown is the annualized 7-day yield.
(d)
Security purchased with cash collateral received for securities on loan.
Securities on loan were valued at $7,760,034.
 
ADR —
American Depositary Receipt
REIT —
Real Estate Investment Trust
 
Below is a summary of the fund’s transactions with affiliated issuers and companies which are or were affiliates during the period ended July 31, 2026. An affiliated company is a company in which the investment adviser has or had an ownership of at least 5% of the voting securities of a security issue during the report period. A dash in the Value at October 31, 2025, and/or Value and Balance of Shares Held at July 31, 2026, columns means either the issuer was not held or not held as an affiliate on the stated date. 
SECURITY
VALUE AT
10/31/25
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/26
BALANCE
OF SHARES
HELD AT
7/31/26
DIVIDENDS
RECEIVED
COMMON STOCKS 0.2% OF NET ASSETS
 
Consumer Discretionary Distribution & Retail 0.0%
QVC Group, Inc. *
$2,659,121
$1,017,073
($386,445
)
($3,146,915
)
($142,834
)
$—
—
$—
 
  
7

Schwab Fundamental U.S. Large Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
VALUE AT
10/31/25
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/26
BALANCE
OF SHARES
HELD AT
7/31/26
DIVIDENDS
RECEIVED
Financial Services 0.2%
Charles Schwab Corp. (a)
$15,206,094
$3,037,119
($470,429
)
$9,472
$2,050,327
$19,832,583
188,451
$149,459
Total
$17,865,215
$4,054,192
($856,874
)
($3,137,443
)
$1,907,493
$19,832,583
$149,459
 
*
Non-income producing security.
(a)
Issuer is affiliated with the fund’s investment adviser.
 
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2026:  
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks 1
$13,130,987,359
$—
$—
$13,130,987,359
Short-Term Investments 1
47,440,220
—
—
47,440,220
Liabilities
Futures Contracts 2
(177,558
)
—
—
(177,558
)
Total
$13,178,250,021
$—
$—
$13,178,250,021
 
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
8
  

Schwab Capital Trust
Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.7% OF NET ASSETS
 
Automobiles & Components 1.2%
Dauch Corp. *
589,720
3,331,918
Dorman Products, Inc. *
17,564
2,338,822
Fox Factory Holding Corp. *
83,384
1,500,912
Gentherm, Inc. *
35,509
1,440,955
LCI Industries
38,604
3,951,505
Patrick Industries, Inc.
41,356
3,413,938
Phinia, Inc.
52,527
3,865,462
Rivian Automotive, Inc., Class A *
87,527
1,332,161
Standard Motor Products, Inc.
25,905
990,348
Visteon Corp.
34,514
3,608,094
Winnebago Industries, Inc.
98,049
2,968,924
 
28,743,039
 
Banks 8.5%
Ameris Bancorp
35,528
3,098,397
Associated Banc-Corp.
114,319
3,530,171
Atlantic Union Bankshares Corp.
77,912
3,305,806
Axos Financial, Inc. *
23,709
2,404,330
BancFirst Corp.
5,959
672,294
Bancorp, Inc. *
19,340
1,297,134
Bank of Hawaii Corp.
29,775
2,379,022
Bank OZK
105,917
5,433,542
BankUnited, Inc.
92,649
4,322,076
Banner Corp.
26,115
1,838,757
Beacon Financial Corp.
52,080
1,641,041
BOK Financial Corp.
16,668
2,355,022
Capitol Federal Financial, Inc.
112,033
990,372
Cathay General Bancorp
48,841
3,086,263
City Holding Co.
8,493
1,232,419
Columbia Banking System, Inc.
165,320
5,169,556
Commerce Bancshares, Inc.
73,684
4,367,251
Community Financial System, Inc.
27,591
1,788,173
Cullen/Frost Bankers, Inc.
32,225
5,360,306
Customers Bancorp, Inc. *
24,313
1,912,947
CVB Financial Corp.
114,090
2,552,193
Dime Commercial Bancshares, Inc.
30,407
1,239,389
Eagle Bancorp, Inc.
58,553
1,624,846
Eastern Bankshares, Inc.
53,118
1,219,589
Enterprise Financial Services Corp.
21,493
1,425,201
FB Financial Corp.
18,703
1,129,287
First BanCorp
68,990
1,995,881
First Bancorp/Southern Pines NC
18,406
1,157,185
First Busey Corp.
47,934
1,479,243
First Commonwealth Financial Corp.
73,870
1,590,421
First Financial Bancorp
79,334
2,683,869
First Financial Bankshares, Inc.
49,658
1,744,982
First Hawaiian, Inc.
119,638
3,324,740
First Interstate BancSystem, Inc.,
Class A
85,875
3,264,967
First Merchants Corp.
39,281
1,694,582
Flagstar Bank NA
202,142
2,874,459
FNB Corp.
265,711
5,021,938
Fulton Financial Corp.
133,448
3,246,790
Glacier Bancorp, Inc.
60,227
2,968,589
Hancock Whitney Corp.
56,304
4,335,408
Hilltop Holdings, Inc.
52,104
2,054,982
SECURITY
NUMBER
OF SHARES
VALUE ($)
Home BancShares, Inc.
122,986
3,821,175
Hope Bancorp, Inc.
132,934
1,862,405
Independent Bank Corp.
28,086
2,354,449
International Bancshares Corp.
29,133
2,229,840
Lakeland Financial Corp.
14,297
895,707
Mechanics Bancorp, Class A
30,691
515,302
National Bank Holdings Corp., Class A
23,836
1,029,477
NBT Bancorp, Inc.
26,488
1,394,593
Northwest Bancshares, Inc.
116,150
1,828,201
OceanFirst Financial Corp.
62,392
1,204,790
OFG Bancorp
16,528
873,670
Old National Bancorp
172,912
4,606,376
Park National Corp.
7,442
1,549,052
Pathward Financial, Inc.
10,721
946,021
Pinnacle Financial Partners, Inc.
44,807
4,715,041
Preferred Bank
9,674
1,010,353
Prosperity Bancshares, Inc.
71,595
5,360,318
Provident Financial Services, Inc.
79,555
1,963,417
Renasant Corp.
43,833
1,909,804
S&T Bancorp, Inc.
25,274
1,318,039
Seacoast Banking Corp. of Florida
38,446
1,335,614
ServisFirst Bancshares, Inc.
19,011
1,701,485
Simmons First National Corp., Class A
133,736
3,154,832
Southside Bancshares, Inc.
21,046
684,205
Southstate Bank Corp.
52,112
5,476,450
Texas Capital Bancshares, Inc.
22,269
2,201,291
Towne Bank
44,565
1,689,459
TriCo Bancshares
16,126
927,890
Triumph Financial, Inc. *
15,061
1,143,582
Trustmark Corp.
37,716
1,789,624
UMB Financial Corp.
25,663
3,739,869
United Bankshares, Inc.
90,618
4,390,442
United Community Banks, Inc.
75,829
2,687,380
Valley National Bancorp
386,480
5,522,799
WaFd, Inc.
66,904
2,460,060
WesBanco, Inc.
60,234
2,492,483
Westamerica BanCorp
16,417
987,483
Western Alliance Bancorp
68,185
5,488,211
Wintrust Financial Corp.
33,130
5,285,560
WSFS Financial Corp.
38,991
3,127,078
 
202,487,247
 
Capital Goods 11.6%
AAON, Inc.
15,993
1,424,337
AAR Corp. *
24,467
3,426,359
Advanced Drainage Systems, Inc.
17,144
2,374,101
AeroVironment, Inc. *
4,269
637,661
Alamo Group, Inc.
11,530
1,834,192
Albany International Corp., Class A
34,782
2,591,607
API Group Corp. *
105,548
4,188,145
Apogee Enterprises, Inc.
39,536
1,565,626
Applied Industrial Technologies, Inc.
20,807
7,182,784
Arcosa, Inc.
30,007
4,357,016
Armstrong World Industries, Inc.
16,721
2,920,490
Astec Industries, Inc.
27,055
1,370,606
ATI, Inc. *
36,188
6,783,079
Atmus Filtration Technologies, Inc.
28,373
1,464,898
Axon Enterprise, Inc. *
2,577
1,360,038
AZZ, Inc.
14,907
2,157,341
BlueLinx Holdings, Inc. *
31,433
1,704,297
  
9

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Boeing Co. *
6,288
1,359,088
BWX Technologies, Inc.
20,883
3,522,962
Carpenter Technology Corp.
8,608
4,473,233
Centuri Holdings, Inc. *
27,914
777,126
Columbus McKinnon Corp.
60,401
1,157,887
Comfort Systems USA, Inc.
4,163
7,200,699
Construction Partners, Inc., Class A *
8,815
911,030
Core & Main, Inc., Class A *
111,412
4,898,786
Crane Co.
19,306
4,121,059
CSW Industrials, Inc.
5,406
1,724,136
Curtiss-Wright Corp.
9,602
6,951,848
DNOW, Inc. *
260,726
3,681,451
Douglas Dynamics, Inc.
23,762
1,048,617
Ducommun, Inc. *
9,080
1,625,502
DXP Enterprises, Inc. *
9,705
1,523,879
Dycom Industries, Inc. *
12,926
5,184,231
Enerpac Tool Group Corp., Class A
24,299
868,446
EnerSys
35,161
6,541,704
Enpro, Inc.
8,262
2,593,607
Esab Corp.
30,728
2,658,894
ESCO Technologies, Inc.
7,081
2,232,568
Everus Construction Group, Inc. *
25,040
3,140,767
Federal Signal Corp.
23,359
2,918,707
Flowserve Corp.
78,013
5,928,208
Franklin Electric Co., Inc.
30,089
3,150,920
FTAI Aviation Ltd.
11,780
2,426,680
GATX Corp.
20,966
3,750,188
Gibraltar Industries, Inc. *
33,929
1,433,840
GrafTech International Ltd. *
104,635
703,147
Granite Construction, Inc.
26,964
3,261,835
Greenbrier Cos., Inc.
51,070
2,515,197
Griffon Corp.
30,422
2,621,464
Hayward Holdings, Inc. *
128,040
1,937,245
HEICO Corp.
13,006
4,634,818
Helios Technologies, Inc.
24,771
1,929,909
Herc Holdings, Inc.
20,916
3,140,328
Hexcel Corp.
45,683
4,703,065
Hillman Solutions Corp. *
169,704
1,335,570
Hyster-Yale, Inc.
5,013
167,585
IES Holdings, Inc. *
1,097
816,760
Insteel Industries, Inc.
25,770
789,851
Janus International Group, Inc. *
143,068
733,939
JBT Marel Corp.
17,537
2,428,348
JELD-WEN Holding, Inc. *
524,753
745,149
Kadant, Inc.
5,547
1,705,702
Kennametal, Inc.
131,395
4,463,488
Kratos Defense & Security Solutions,
Inc. *
17,808
829,853
Lennox International, Inc.
4,515
1,877,698
Lindsay Corp.
9,536
1,056,780
Manitowoc Co., Inc. *
80,369
1,113,111
Masterbrand, Inc. *
236,981
1,955,093
McGrath RentCorp
16,307
1,877,751
Mercury Systems, Inc. *
18,893
1,834,510
Miller Industries, Inc.
16,983
854,245
Modine Manufacturing Co. *
14,466
2,908,534
Moog, Inc., Class A
15,784
6,153,392
Mueller Water Products, Inc., Class A
82,116
2,072,608
MYR Group, Inc. *
10,334
3,443,495
Nextpower, Inc., Class A *
20,922
1,880,260
NPK International, Inc. *
66,124
825,889
Primoris Services Corp.
31,190
2,632,748
Proto Labs, Inc. *
20,757
1,557,813
Quanex Building Products Corp.
81,248
1,449,464
RBC Bearings, Inc. *
4,898
2,700,316
Simpson Manufacturing Co., Inc.
23,698
4,449,063
SiteOne Landscape Supply, Inc. *
35,794
3,380,385
SPX Technologies, Inc. *
9,946
2,184,341
StandardAero, Inc. *
47,578
1,394,511
SECURITY
NUMBER
OF SHARES
VALUE ($)
Standex International Corp.
6,257
1,855,200
Sterling Infrastructure, Inc. *
4,247
2,534,482
Tennant Co.
18,793
1,579,176
Terex Corp.
116,126
7,297,358
Titan International, Inc. *
104,259
752,750
Titan Machinery, Inc. *
48,731
827,940
Trex Co., Inc. *
83,114
3,603,823
Trinity Industries, Inc.
94,723
2,959,147
Tutor Perini Corp.
34,053
2,851,939
V2X, Inc. *
27,394
2,472,035
Valmont Industries, Inc.
12,401
5,973,562
Vertiv Holdings Co., Class A
11,716
2,830,234
VSE Corp.
5,677
1,103,552
Wabash National Corp.
160,381
2,014,385
Watts Water Technologies, Inc., Class A
11,840
4,094,154
Woodward, Inc.
17,384
6,271,278
Worthington Enterprises, Inc.
22,808
1,282,038
Zurn Elkay Water Solutions Corp.,
Class C
50,464
2,548,937
 
275,065,890
 
Commercial & Professional Services 5.0%
ACCO Brands Corp.
313,021
1,320,949
Alight, Inc., Class A
72,610
1,232,918
Amentum Holdings, Inc. *
106,468
2,363,590
Barrett Business Services, Inc.
19,437
758,820
Brady Corp., Class A
27,521
2,594,405
BrightView Holdings, Inc. *
88,153
1,149,515
Brink's Co.
32,923
3,899,729
Casella Waste Systems, Inc., Class A *
18,439
1,654,163
CBIZ, Inc. *
53,694
2,957,465
Cimpress PLC *
7,148
705,508
Civeo Corp. *
21,294
670,974
Clarivate PLC *
624,807
1,237,118
Clean Harbors, Inc. *
10,818
3,384,736
Conduent, Inc. *
730,599
1,147,040
CoreCivic, Inc. *
137,593
4,114,031
Deluxe Corp.
86,119
2,227,898
Ennis, Inc.
36,336
792,125
Enviri Corp. *
36,474
808,993
ExlService Holdings, Inc. *
91,522
3,105,341
Exponent, Inc.
24,176
1,616,166
FTI Consulting, Inc. *
30,694
4,892,010
GEO Group, Inc. *
192,086
5,933,537
Healthcare Services Group, Inc. *
103,873
2,420,241
HNI Corp.
87,491
3,937,970
Huron Consulting Group, Inc. *
10,589
1,607,093
ICF International, Inc.
23,991
1,941,352
Insperity, Inc.
71,770
3,632,280
Interface, Inc., Class A
50,505
1,730,301
Kelly Services, Inc., Class A
200,449
2,974,663
Kforce, Inc.
42,976
2,439,747
Korn Ferry
53,879
4,432,625
MillerKnoll, Inc.
137,208
3,089,924
MSA Safety, Inc.
17,587
3,346,278
OPENLANE, Inc. *
84,738
3,369,183
Parsons Corp. *
44,065
1,948,114
Paycom Software, Inc.
20,208
3,313,304
Paylocity Holding Corp. *
5,767
795,240
Pitney Bowes, Inc.
123,049
2,157,049
Resources Connection, Inc.
123,359
539,079
Rollins, Inc.
75,425
2,863,887
Tetra Tech, Inc.
137,756
4,567,989
TIC Solutions, Inc. *
86,434
631,833
TriNet Group, Inc.
49,365
3,249,698
TrueBlue, Inc. *
193,874
1,372,628
TTEC Holdings, Inc. *
201,824
502,542
UL Solutions, Inc., Class A
16,130
1,478,153
10
  

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
UniFirst Corp.
17,144
5,022,849
Verra Mobility Corp., Class A *
75,774
400,844
Vestis Corp. *
376,976
5,451,073
 
117,782,970
 
Consumer Discretionary Distribution & Retail 4.1%
1-800-Flowers.com, Inc., Class A *(a)
127,750
498,225
Abercrombie & Fitch Co., Class A *
59,787
5,951,198
America's Car-Mart, Inc. *
25,200
80,388
Arko Corp.
126,074
1,007,331
Boot Barn Holdings, Inc. *
13,774
2,052,188
Buckle, Inc.
39,887
1,745,854
Caleres, Inc.
128,810
1,653,920
Camping World Holdings, Inc., Class A
148,931
921,883
Carvana Co., Class A *
9,875
615,805
Chewy, Inc., Class A *
50,199
1,134,497
Coupang, Inc., Class A *
84,428
1,380,398
Designer Brands, Inc., Class A
247,004
1,491,904
Dillard's, Inc., Class A
4,261
2,506,917
Etsy, Inc. *
81,794
6,680,934
Five Below, Inc. *
24,358
5,288,852
Floor & Decor Holdings, Inc., Class A *
73,226
4,215,621
GameStop Corp., Class A *
237,732
5,163,539
Genesco, Inc. *
44,321
1,693,949
Gold.com, Inc.
115,946
4,795,527
Haverty Furniture Cos., Inc.
29,098
716,975
MarineMax, Inc. *
59,540
2,052,344
Monro, Inc.
91,490
1,120,752
National Vision Holdings, Inc. *
95,930
2,114,297
Ollie's Bargain Outlet Holdings, Inc. *
34,554
2,538,682
OneWater Marine, Inc., Class A *
36,245
444,001
Petco Health & Wellness Co., Inc.,
Class A *
287,472
802,047
RH *
29,190
4,831,529
Sally Beauty Holdings, Inc. *
204,571
3,062,428
Shoe Station Group, Inc.
50,734
771,157
Sonic Automotive, Inc., Class A
29,791
2,728,260
Stitch Fix, Inc., Class A *
213,398
857,860
Upbound Group, Inc.
126,781
2,458,284
Urban Outfitters, Inc. *
69,329
5,142,825
Valvoline, Inc. *
148,812
5,715,869
Victoria's Secret & Co. *
126,267
11,197,357
Wayfair, Inc., Class A *
24,094
2,045,581
Zumiez, Inc. *
44,174
868,903
 
98,348,081
 
Consumer Durables & Apparel 3.4%
Acushnet Holdings Corp.
21,918
2,219,636
Beazer Homes USA, Inc. *
68,525
2,199,652
Callaway Golf Co. *
224,863
4,150,971
Cavco Industries, Inc. *
6,848
3,746,061
Century Communities, Inc.
54,494
3,659,817
Champion Homes, Inc. *
50,691
4,035,511
Columbia Sportswear Co.
63,393
3,764,276
Dream Finders Homes, Inc., Class A *
28,416
363,441
Ethan Allen Interiors, Inc.
43,354
971,130
G-III Apparel Group Ltd.
80,531
2,932,134
GoPro, Inc., Class A *(a)
685,887
513,729
Green Brick Partners, Inc. *
24,345
1,721,922
Helen of Troy Ltd. *
124,633
3,443,610
Hooker Furnishings Corp.
40,157
560,993
Hovnanian Enterprises, Inc., Class A *
11,006
1,363,643
Installed Building Products, Inc.
11,531
2,570,721
Kontoor Brands, Inc.
47,364
3,966,261
La-Z-Boy, Inc.
65,182
2,566,867
Levi Strauss & Co., Class A
94,078
2,306,793
LGI Homes, Inc. *
52,972
2,890,682
SECURITY
NUMBER
OF SHARES
VALUE ($)
Malibu Boats, Inc., Class A *
42,032
1,158,822
MasterCraft Boat Holdings, Inc. *
28,128
672,822
Movado Group, Inc.
33,607
1,283,115
Oxford Industries, Inc.
43,904
1,664,840
SharkNinja, Inc. *
28,021
4,532,957
Smith & Wesson Brands, Inc.
127,553
1,855,896
Sonos, Inc. *
126,415
1,853,244
Steven Madden Ltd.
112,944
5,204,460
Sturm Ruger & Co., Inc.
34,408
1,278,945
Under Armour, Inc., Class A *
792,764
5,271,881
Wolverine World Wide, Inc.
96,975
1,908,468
YETI Holdings, Inc. *
68,020
3,328,899
 
79,962,199
 
Consumer Services 4.3%
Airbnb, Inc., Class A *
11,319
1,715,055
BJ's Restaurants, Inc. *
26,403
1,785,107
Bloomin' Brands, Inc.
320,166
2,772,638
Boyd Gaming Corp.
28,208
2,399,372
Bright Horizons Family Solutions, Inc. *
29,943
2,231,951
Brightstar Lottery PLC
59,253
594,900
Brinker International, Inc. *
11,643
2,488,109
Cheesecake Factory, Inc.
27,229
2,761,565
Chegg, Inc. *
391,675
385,017
Choice Hotels International, Inc.
14,183
1,581,263
Churchill Downs, Inc.
35,595
3,000,659
Covista, Inc. *
28,640
3,575,704
Cracker Barrel Old Country Store,
Inc. (a)
92,428
5,212,015
Dave & Buster's Entertainment, Inc. *
114,806
1,244,497
Dine Brands Global, Inc.
44,932
1,614,856
DoorDash, Inc., Class A *
30,062
5,896,962
Frontdoor, Inc. *
36,498
2,650,850
Graham Holdings Co., Class B
2,720
3,273,629
Grand Canyon Education, Inc. *
24,485
3,558,650
H&R Block, Inc.
123,645
5,444,089
Hilton Grand Vacations, Inc. *
80,504
3,714,455
Hyatt Hotels Corp., Class A
12,868
2,239,804
Jack in the Box, Inc. *
102,085
1,671,131
Laureate Education, Inc. *
132,543
5,077,722
Life Time Group Holdings, Inc. *
23,910
1,078,341
Matthews International Corp., Class A
42,899
1,190,447
Papa John's International, Inc.
40,437
1,209,066
Perdoceo Education Corp.
52,331
1,664,649
Planet Fitness, Inc., Class A *
27,817
1,555,248
Red Rock Resorts, Inc., Class A
37,770
2,433,899
Six Flags Entertainment Corp. *
120,211
2,083,257
Strategic Education, Inc.
26,133
2,142,906
Stride, Inc. *
27,549
2,211,909
Travel & Leisure Co.
75,886
5,768,854
United Parks & Resorts, Inc. *
50,793
2,266,892
Wendy's Co.
408,909
3,009,570
Wingstop, Inc.
6,339
820,837
WW International, Inc. *
16,708
239,927
Wyndham Hotels & Resorts, Inc.
63,912
4,784,452
Wynn Resorts Ltd.
27,612
2,742,148
 
102,092,402
 
Consumer Staples Distribution & Retail 0.8%
Chefs' Warehouse, Inc. *
18,545
2,139,166
Grocery Outlet Holding Corp. *
232,762
2,139,083
Ingles Markets, Inc., Class A
41,859
3,767,729
Maplebear, Inc. *
55,401
2,470,885
PriceSmart, Inc.
27,531
5,338,536
  
11

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Village Super Market, Inc., Class A
16,792
737,840
Weis Markets, Inc.
31,206
2,404,422
 
18,997,661
 
Energy 5.5%
Antero Midstream Corp.
162,897
3,578,847
Archrock, Inc.
96,565
3,453,164
Ardmore Shipping Corp.
34,696
603,363
Bristow Group, Inc.
22,848
1,035,471
Cactus, Inc., Class A
35,117
2,282,956
Comstock Resources, Inc. *
82,162
1,089,468
Core Laboratories, Inc.
30,069
319,934
Core Natural Resources, Inc.
58,653
4,682,856
Crescent Energy Co., Class A
566,884
6,502,160
CVR Energy, Inc.
77,582
2,763,471
Delek U.S. Holdings, Inc.
124,697
8,463,185
DHT Holdings, Inc.
74,825
1,389,500
Diversified Energy Co.
44,389
597,476
Dorian LPG Ltd.
55,998
2,655,425
DT Midstream, Inc.
33,668
4,646,184
Expro Ltd. *
106,189
1,693,715
Golar LNG Ltd.
16,020
787,383
Green Plains, Inc. *
197,900
3,334,615
Gulfport Energy Corp. *
20,351
3,284,041
Helix Energy Solutions Group, Inc. *
206,606
1,964,823
International Seaways, Inc.
48,355
4,650,784
Kodiak Gas Services, Inc.
36,690
2,154,070
Kosmos Energy Ltd. *
1,808,769
4,865,589
Liberty Energy, Inc., Class A
172,811
3,233,294
Magnolia Oil & Gas Corp., Class A
185,749
4,775,607
Nabors Industries Ltd. *
52,417
4,490,564
New Fortress Energy, Inc. *
1,074,559
346,545
Noble Corp. PLC
95,979
4,069,510
Northern Oil & Gas, Inc.
168,666
3,567,286
Oceaneering International, Inc. *
70,156
3,422,210
Oil States International, Inc. *
133,464
1,082,393
Par Pacific Holdings, Inc. *
103,233
8,881,135
Permian Resources Corp., Class A
122,301
2,606,234
ProPetro Holding Corp. *
254,138
2,820,932
REX American Resources Corp. *
24,879
1,070,792
RPC, Inc.
217,784
1,221,768
Scorpio Tankers, Inc.
35,442
2,759,514
Select Water Solutions, Inc.
126,416
2,341,224
Summit Midstream Corp. *
19,969
615,445
Talos Energy, Inc. *
229,120
3,478,042
Teekay Corp. Ltd.
29,828
347,496
Texas Pacific Land Corp.
7,204
2,900,186
Tidewater, Inc. *
18,949
1,422,312
VAALCO Energy, Inc.
72,165
384,639
Valaris Ltd. *
27,014
2,139,239
W&T Offshore, Inc.
334,547
1,201,024
Weatherford International PLC
61,023
5,357,209
 
131,333,080
 
Equity Real Estate Investment Trusts (REITs) 8.3%
Acadia Realty Trust
54,568
1,226,143
Agree Realty Corp.
28,104
2,186,491
American Assets Trust, Inc.
50,438
1,189,832
American Healthcare REIT, Inc.
36,383
2,022,895
American Homes 4 Rent, Class A
157,825
5,274,512
Americold Realty Trust, Inc.
424,949
5,987,531
Apple Hospitality REIT, Inc.
248,851
4,108,530
Brandywine Realty Trust
450,823
1,370,502
Brixmor Property Group, Inc.
192,424
6,063,280
Broadstone Net Lease, Inc.
115,131
2,464,955
CareTrust REIT, Inc.
29,584
1,240,753
Centerspace
13,104
718,623
SECURITY
NUMBER
OF SHARES
VALUE ($)
COPT Defense Properties
86,732
3,292,347
Cousins Properties, Inc.
155,386
4,902,428
CubeSmart
116,640
4,835,894
DiamondRock Hospitality Co.
159,249
2,108,457
Diversified Healthcare Trust
345,052
3,070,963
Douglas Emmett, Inc.
251,733
2,975,484
Easterly Government Properties, Inc.
48,300
1,176,588
EastGroup Properties, Inc.
14,093
2,945,578
Empire State Realty Trust, Inc., Class A
194,856
985,971
EPR Properties
53,234
3,304,234
Equity LifeStyle Properties, Inc.
70,142
4,564,140
Essential Properties Realty Trust, Inc.
49,276
1,541,846
Federal Realty Investment Trust
51,533
6,394,730
First Industrial Realty Trust, Inc.
53,410
3,516,514
Four Corners Property Trust, Inc.
44,130
1,129,728
Global Net Lease, Inc.
188,621
1,644,775
Healthcare Realty Trust, Inc., Class A
297,154
6,243,206
Highwoods Properties, Inc.
120,631
3,996,505
Hudson Pacific Properties, Inc. *
149,763
2,062,237
Independence Realty Trust, Inc.
120,065
1,996,681
Innovative Industrial Properties, Inc.
25,188
1,481,306
InvenTrust Properties Corp.
41,384
1,465,407
JBG SMITH Properties
97,894
1,375,411
Kilroy Realty Corp.
141,267
5,483,985
Kite Realty Group Trust
115,781
3,313,652
Lineage, Inc.
57,805
2,449,198
LTC Properties, Inc.
27,238
1,096,057
LXP Industrial Trust
50,731
3,070,747
Macerich Co.
176,566
4,562,465
Medical Properties Trust, Inc.
854,505
3,956,358
National Health Investors, Inc.
20,609
1,579,680
NNN REIT, Inc.
92,949
4,416,937
Omega Healthcare Investors, Inc.
106,903
5,412,499
Outfront Media, Inc.
116,264
3,705,334
Park Hotels & Resorts, Inc.
419,484
6,317,429
Pebblebrook Hotel Trust
171,614
3,277,827
Phillips Edison & Co., Inc.
60,578
2,573,959
Piedmont Realty Trust, Inc., Class A *
203,846
1,975,268
Rayonier, Inc.
252,547
5,500,474
Rexford Industrial Realty, Inc.
86,278
3,258,720
RLJ Lodging Trust
275,638
3,376,566
Ryman Hospitality Properties, Inc.
25,566
3,416,896
Sabra Health Care REIT, Inc.
156,207
3,306,902
Service Properties Trust (b)
196,131
1,574,932
SITE Centers Corp.
48,926
209,403
SL Green Realty Corp.
92,865
4,915,345
STAG Industrial, Inc.
92,293
3,531,130
Summit Hotel Properties, Inc.
119,232
820,316
Sunstone Hotel Investors, Inc.
202,803
2,386,991
Tanger, Inc.
49,421
2,009,458
Terreno Realty Corp.
27,055
1,938,491
Urban Edge Properties
92,960
2,106,474
Vornado Realty Trust
83,587
3,292,492
Xenia Hotels & Resorts, Inc.
94,334
1,941,394
 
197,641,856
 
Financial Services 6.6%
Acadian Asset Management, Inc.
26,082
2,255,832
Adamas Trust, Inc.
123,896
1,123,737
Apollo Commercial Real Estate Finance,
Inc.
166,057
1,099,297
Arbor Realty Trust, Inc.
333,986
1,673,270
ARES Management Corp., Class A
12,200
1,562,698
Artisan Partners Asset Management,
Inc., Class A
64,857
2,544,989
BGC Group, Inc., Class A
161,398
1,859,305
Blackstone Mortgage Trust, Inc., Class A
175,976
2,558,691
Blue Owl Capital, Inc., Class A
52,774
543,572
12
  

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
BRC Group Holdings, Inc. *
130,500
934,380
BrightSpire Capital, Inc., Class A
152,603
764,541
Chimera Investment Corp.
141,018
1,759,905
Claros Mortgage Trust, Inc. *
254,339
450,180
Cohen & Steers, Inc.
18,063
1,486,043
Coinbase Global, Inc., Class A *
21,198
3,100,420
Credit Acceptance Corp. *
7,019
3,993,179
DigitalBridge Group, Inc.
180,285
2,861,123
Donnelley Financial Solutions, Inc. *
28,313
1,339,205
Enact Holdings, Inc.
24,178
1,144,103
Encore Capital Group, Inc. *
38,890
3,658,771
Enova International, Inc. *
22,479
5,712,813
Essent Group Ltd.
62,548
4,125,666
Euronet Worldwide, Inc. *
59,514
4,245,134
EVERTEC, Inc.
22,515
685,357
EZCORP, Inc., Class A *
53,921
1,605,228
FactSet Research Systems, Inc.
23,271
6,124,927
Federal Agricultural Mortgage Corp.,
Class C
6,897
1,569,757
Federated Hermes, Inc.
75,090
4,502,396
FirstCash Holdings, Inc.
20,254
4,132,019
Franklin BSP Realty Trust, Inc.
89,932
682,584
Green Dot Corp., Class A *
84,879
1,112,764
Hamilton Lane, Inc., Class A
10,711
952,315
Happen, Inc. *
71,829
1,374,807
Houlihan Lokey, Inc., Class A
24,523
3,077,391
Interactive Brokers Group, Inc., Class A
34,807
3,062,668
KKR Real Estate Finance Trust, Inc.
112,775
784,914
Ladder Capital Corp., Class A
96,138
919,079
loanDepot, Inc., Class A *
355,730
349,042
MarketAxess Holdings, Inc.
19,144
3,107,071
MFA Financial, Inc.
139,229
1,268,376
Moelis & Co., Class A
64,577
4,331,825
Morningstar, Inc.
11,828
2,277,718
Navient Corp.
236,450
1,983,816
NCR Atleos Corp. *
83,860
3,943,936
Nelnet, Inc., Class A
10,097
1,371,879
NMI Holdings, Inc., Class A *
41,695
1,847,089
Oppenheimer Holdings, Inc., Class A
10,252
1,093,273
Paysafe Ltd. *
85,163
688,117
PennyMac Financial Services, Inc.
46,001
3,468,935
PennyMac Mortgage Investment Trust
130,065
1,226,513
Piper Sandler Cos.
36,688
2,780,950
PJT Partners, Inc., Class A
7,621
1,282,691
PRA Group, Inc. *
59,981
1,041,870
Radian Group, Inc.
126,235
4,921,903
Ready Capital Corp.
354,485
506,914
Redwood Trust, Inc.
163,764
748,401
Regional Management Corp.
15,726
507,478
Rocket Cos., Inc., Class A *
173,512
2,238,305
Shift4 Payments, Inc., Class A *
22,368
1,185,504
SoFi Technologies, Inc. *
41,681
679,817
Stifel Financial Corp.
73,221
6,070,753
Toast, Inc., Class A *
76,447
2,466,945
TPG RE Finance Trust, Inc.
86,555
689,843
TPG, Inc.
49,626
2,166,671
Tradeweb Markets, Inc., Class A
22,024
2,213,412
Two Harbors Investment Corp.
48,945
591,745
Victory Capital Holdings, Inc., Class A
31,450
3,114,494
Virtu Financial, Inc., Class A
91,426
5,369,449
Virtus Investment Partners, Inc.
8,740
1,392,719
Walker & Dunlop, Inc.
32,229
1,601,459
WEX, Inc. *
33,218
6,210,437
WisdomTree, Inc.
34,762
673,340
World Acceptance Corp. *
7,242
1,302,184
 
158,097,934
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Food, Beverage & Tobacco 1.5%
B&G Foods, Inc.
378,969
1,337,761
Boston Beer Co., Inc., Class A *
12,868
2,357,418
Cal-Maine Foods, Inc.
61,313
5,382,055
Coca-Cola Consolidated, Inc.
12,098
2,273,214
Del Monte Corp.
69,848
2,075,184
Dole PLC
40,269
569,404
Hain Celestial Group, Inc. *
555,125
276,674
J&J Snack Foods Corp.
20,617
1,577,201
John B Sanfilippo & Son, Inc.
13,474
1,115,108
Marzetti Co.
17,900
1,912,973
MGP Ingredients, Inc.
28,316
501,193
Nomad Foods Ltd.
225,338
2,681,522
Pilgrim's Pride Corp.
69,736
1,907,977
Primo Brands Corp.
79,899
1,813,707
Seaboard Corp.
778
3,433,516
Seneca Foods Corp., Class A *
9,632
1,594,000
Simply Good Foods Co. *
120,967
1,231,444
Smithfield Foods, Inc.
47,755
1,243,540
Universal Corp.
39,136
2,062,076
 
35,345,967
 
Health Care Equipment & Services 4.7%
Acadia Healthcare Co., Inc. *
243,740
7,219,578
Accendra Health, Inc. *
450,715
1,392,709
AdaptHealth Corp., Class A *
177,604
1,918,123
Addus HomeCare Corp. *
13,719
1,584,270
agilon health, Inc. *
49,983
4,578,943
Astrana Health, Inc. *
49,436
1,757,944
BrightSpring Health Services, Inc. *
52,716
3,147,672
Brookdale Senior Living, Inc. *
160,654
2,345,548
Chemed Corp.
12,795
6,810,139
Claritev Corp. *
20,311
461,263
Clover Health Investments Corp.,
Class A *
423,850
1,767,455
Concentra Group Holdings Parent, Inc.
149,328
4,726,231
CONMED Corp.
40,708
1,884,780
Dexcom, Inc. *
74,569
6,222,783
Embecta Corp.
106,924
389,203
Enovis Corp. *
102,033
2,974,262
Ensign Group, Inc.
19,455
3,466,103
Envista Holdings Corp. *
195,768
5,346,424
Evolent Health, Inc., Class A *
238,829
737,982
Fulgent Genetics, Inc. *
37,983
628,619
Globus Medical, Inc., Class A *
36,799
2,899,393
Haemonetics Corp. *
39,295
3,361,294
HealthEquity, Inc. *
22,347
2,248,332
ICU Medical, Inc. *
19,673
3,315,097
Insulet Corp. *
7,221
1,193,992
Integer Holdings Corp. *
26,426
3,203,096
Integra LifeSciences Holdings Corp. *
149,804
2,494,237
Lantheus Holdings, Inc. *
24,890
2,480,040
LivaNova PLC *
24,550
1,967,437
Merit Medical Systems, Inc. *
25,043
2,128,906
National HealthCare Corp.
10,664
2,410,384
Neogen Corp. *
184,092
2,216,468
OmniAb, Inc., Class A *(c)
2,660
0
OmniAb, Inc., Class B *(c)
2,660
0
Omnicell, Inc. *
42,363
1,498,379
Option Care Health, Inc. *
147,047
3,386,493
Pediatrix Medical Group, Inc. *
101,591
2,693,177
Penumbra, Inc. *
4,606
1,479,401
Privia Health Group, Inc. *
51,390
1,216,401
Progyny, Inc. *
42,000
1,307,460
RadNet, Inc. *
19,314
1,231,847
Surgery Partners, Inc. *
107,215
1,651,111
Teladoc Health, Inc. *
284,523
1,909,149
  
13

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Varex Imaging Corp. *
61,146
684,224
Veeva Systems, Inc., Class A *
23,099
4,707,114
Waystar Holding Corp. *
42,767
902,811
 
111,946,274
 
Household & Personal Products 1.1%
BellRing Brands, Inc. *
66,346
822,027
Central Garden & Pet Co. *
9,358
402,862
Central Garden & Pet Co., Class A *
59,600
2,259,436
Coty, Inc., Class A *
725,756
1,995,829
Edgewell Personal Care Co.
108,641
2,953,949
elf Beauty, Inc. *
15,243
1,263,492
Energizer Holdings, Inc.
118,422
2,483,309
Herbalife Ltd. *
222,317
2,761,177
Interparfums, Inc.
12,059
1,501,949
Medifast, Inc. *
67,482
663,348
Nu Skin Enterprises, Inc., Class A
215,733
1,119,654
Reynolds Consumer Products, Inc.
73,068
1,822,316
Spectrum Brands Holdings, Inc.
40,543
3,599,002
USANA Health Sciences, Inc. *
37,207
822,647
WD-40 Co.
5,635
1,279,934
 
25,750,931
 
Insurance 2.0%
AMERISAFE, Inc.
22,067
640,826
Assured Guaranty Ltd.
16,617
1,374,558
Axis Capital Holdings Ltd.
28,881
3,041,747
Brighthouse Financial, Inc. *
48,391
2,995,887
CNA Financial Corp.
25,575
1,341,920
Employers Holdings, Inc.
33,478
1,692,313
Erie Indemnity Co., Class A
12,652
3,062,290
F&G Annuities & Life, Inc.
25,370
724,821
Hanover Insurance Group, Inc.
26,204
6,095,836
Horace Mann Educators Corp.
26,545
1,383,260
Kemper Corp.
86,278
2,448,570
Kinsale Capital Group, Inc.
4,192
1,494,113
Mercury General Corp.
18,992
2,034,423
Oscar Health, Inc., Class A *
45,865
1,431,905
Pelagos Insurance Capital Ltd.
22,167
560,603
RLI Corp.
57,978
3,550,573
Ryan Specialty Holdings, Inc., Class A
16,794
741,623
Safety Insurance Group, Inc.
13,051
1,349,343
Selective Insurance Group, Inc.
46,688
4,425,556
SiriusPoint Ltd. *
29,982
709,074
Stewart Information Services Corp.
35,456
2,396,471
White Mountains Insurance Group Ltd.
1,725
3,618,584
 
47,114,296
 
Materials 4.9%
AdvanSix, Inc.
74,705
1,498,582
Alto Ingredients, Inc. *
67,650
322,014
Ardagh Metal Packaging SA
160,860
760,868
Avient Corp.
106,891
3,882,281
Balchem Corp.
12,283
2,058,078
Cabot Corp.
55,099
4,849,814
Clearwater Paper Corp. *
57,940
1,218,478
Coeur Mining, Inc.
84,960
1,266,754
Compass Minerals International, Inc. *
67,177
1,970,973
Ecovyst, Inc. *
201,150
2,425,869
Element Solutions, Inc.
146,789
5,391,560
Ferroglobe PLC
192,468
612,048
Greif, Inc., Class A
42,517
3,679,846
Hawkins, Inc.
8,878
1,136,650
HB Fuller Co.
57,090
3,157,077
Hecla Mining Co.
130,122
1,837,323
Ingevity Corp. *
41,661
3,045,836
SECURITY
NUMBER
OF SHARES
VALUE ($)
Innospec, Inc.
26,633
2,289,905
Kaiser Aluminum Corp.
20,749
3,313,200
Knife River Corp. *
44,652
3,267,187
Koppers Holdings, Inc.
34,175
1,675,258
LSB Industries, Inc. *
83,703
910,689
Magnera Corp. *
66,092
875,719
Materion Corp.
14,407
3,037,572
Mativ Holdings, Inc.
106,559
930,260
Metallus, Inc. *
66,986
1,347,758
Minerals Technologies, Inc.
34,692
2,644,918
MP Materials Corp. *
9,296
384,576
Myers Industries, Inc.
43,489
1,485,584
NewMarket Corp.
6,451
5,484,382
Orion SA
162,242
1,095,134
Quaker Chemical Corp.
14,730
2,364,460
Rayonier Advanced Materials, Inc. *
192,943
1,726,840
Royal Gold, Inc.
12,720
2,523,012
Ryerson Holding Corp.
161,903
4,499,284
Scotts Miracle-Gro Co.
50,030
3,285,970
Sensient Technologies Corp.
26,431
3,268,722
Silgan Holdings, Inc.
106,412
4,254,352
Southern Copper Corp.
33,683
6,154,221
Stepan Co.
39,618
2,541,099
SunCoke Energy, Inc.
210,795
1,787,542
Sylvamo Corp.
54,442
2,036,675
Tredegar Corp. *
57,072
433,176
TriMas Corp.
38,674
1,544,253
Trinseo PLC *(b)(c)
328,493
163
Tronox Holdings PLC
798,865
4,665,372
Warrior Met Coal, Inc.
57,944
4,601,333
Worthington Steel, Inc.
60,699
2,185,771
 
115,728,438
 
Media & Entertainment 3.3%
Advantage Solutions, Inc. *
13,287
521,382
AMC Global Media, Inc., Class A *
202,289
2,265,637
Angi, Inc. *
49,624
281,368
Cable One, Inc. *
21,178
846,908
Cargurus, Inc. *
61,689
2,235,609
Cars.com, Inc. *
95,102
1,126,959
Cinemark Holdings, Inc.
49,257
1,802,314
Clear Channel Outdoor Holdings, Inc. *
499,723
1,209,330
EchoStar Corp., Class A *
59,473
5,001,085
EW Scripps Co., Class A *
386,986
1,087,431
Gray Media, Inc.
478,514
1,933,197
iHeartMedia, Inc., Class A *
500,782
1,797,807
John Wiley & Sons, Inc., Class A
59,704
3,116,549
Liberty Broadband Corp., Class C *
59,036
2,009,585
Liberty Media Corp.-Liberty Formula
One, Class C *
48,450
4,754,398
Live Nation Entertainment, Inc. *
11,469
1,997,097
Match Group, Inc.
150,689
5,938,653
New York Times Co., Class A
65,247
4,886,348
NIQ Global Intelligence PLC *
45,780
511,363
People, Inc. *
78,773
3,274,594
Pinterest, Inc., Class A *
227,582
5,464,244
Roku, Inc. *
24,951
3,618,144
Scholastic Corp.
58,575
2,381,074
Shutterstock, Inc.
35,893
193,822
Sinclair, Inc.
188,106
2,584,576
Snap, Inc., Class A *
323,616
1,517,759
TKO Group Holdings, Inc.
7,694
1,398,846
Trade Desk, Inc., Class A *
79,156
1,427,974
TripAdvisor, Inc. *
141,825
2,008,951
USA TODAY Co., Inc. *
280,835
2,440,456
Warner Music Group Corp., Class A
52,170
1,354,333
Yelp, Inc., Class A *
109,272
2,888,059
14
  

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ziff Davis, Inc. *
82,184
4,362,327
ZoomInfo Technologies, Inc., Class A *
255,880
844,404
 
79,082,583
 
Pharmaceuticals, Biotechnology & Life Sciences 3.0%
Alkermes PLC *
42,712
2,092,461
Amneal Pharmaceuticals, Inc. *
86,315
1,581,291
Azenta, Inc. *
39,594
1,113,779
BioMarin Pharmaceutical, Inc. *
78,105
4,687,862
Bio-Rad Laboratories, Inc., Class A *
17,227
5,607,044
Bio-Techne Corp.
58,300
4,202,847
Bruker Corp.
83,241
5,230,864
Collegium Pharmaceutical, Inc. *
26,201
927,253
Corcept Therapeutics, Inc. *
28,925
3,311,623
Emergent BioSolutions, Inc. *
140,883
1,017,175
Exelixis, Inc. *
104,250
5,528,378
Fortrea Holdings, Inc. *
308,751
5,918,757
Halozyme Therapeutics, Inc. *
36,222
2,989,764
Incyte Corp. *
26,266
3,139,312
Innoviva, Inc. *
65,577
1,375,150
Ironwood Pharmaceuticals, Inc.,
Class A *
420,307
1,777,899
Medpace Holdings, Inc. *
3,865
2,230,530
Myriad Genetics, Inc. *
116,220
332,389
Neurocrine Biosciences, Inc. *
25,689
4,284,925
Pacira BioSciences, Inc. *
49,285
1,301,617
Prestige Consumer Healthcare, Inc. *
42,833
2,151,073
Repligen Corp. *
10,682
1,506,269
Royalty Pharma PLC, Class A
122,138
7,136,523
Sotera Health Co. *
85,257
1,522,690
Supernus Pharmaceuticals, Inc. *
27,420
1,223,755
 
72,191,230
 
Real Estate Management & Development 1.0%
AGNT, Inc.
175,844
712,168
Compass, Inc., Class A *
949,696
10,817,037
CoStar Group, Inc. *
102,410
2,945,312
Marcus & Millichap, Inc.
31,694
974,590
Newmark Group, Inc., Class A
107,053
1,605,260
Opendoor Technologies, Inc. *
660,927
2,491,695
Zillow Group, Inc., Class C *
90,615
3,086,347
 
22,632,409
 
Semiconductors & Semiconductor Equipment 3.8%
Allegro MicroSystems, Inc. *
35,711
1,482,007
Alpha & Omega Semiconductor Ltd. *
34,836
1,105,695
Amkor Technology, Inc.
134,939
6,729,408
Axcelis Technologies, Inc. *
19,541
2,547,756
Cirrus Logic, Inc. *
36,518
4,723,603
Cohu, Inc. *
51,238
2,458,912
Diodes, Inc. *
54,838
4,514,264
Enphase Energy, Inc. *
103,837
3,898,041
Entegris, Inc.
51,068
6,079,645
FormFactor, Inc. *
28,151
2,989,636
GLOBALFOUNDRIES, Inc.
65,457
3,272,195
Ichor Holdings Ltd. *
48,419
3,644,498
Lattice Semiconductor Corp. *
21,847
2,714,927
MACOM Technology Solutions Holdings,
Inc. *
5,748
1,445,277
MaxLinear, Inc. *
53,978
3,606,810
MKS, Inc.
29,645
8,817,905
Monolithic Power Systems, Inc.
2,049
2,921,935
Onto Innovation, Inc. *
13,088
3,384,295
Penguin Solutions, Inc. *
46,553
2,450,084
Photronics, Inc. *
64,170
1,943,709
Power Integrations, Inc.
47,688
2,895,139
SECURITY
NUMBER
OF SHARES
VALUE ($)
Rambus, Inc. *
16,430
1,495,623
Semtech Corp. *
6,884
811,073
Silicon Laboratories, Inc. *
21,833
4,748,678
Synaptics, Inc. *
28,673
3,077,186
Ultra Clean Holdings, Inc. *
58,422
4,867,137
Universal Display Corp.
19,265
1,544,282
Veeco Instruments, Inc. *
13,701
685,050
 
90,854,770
 
Software & Services 4.1%
ACI Worldwide, Inc. *
64,544
3,700,308
Alarm.com Holdings, Inc. *
23,632
1,293,852
AppLovin Corp., Class A *
8,783
3,477,190
Blackbaud, Inc. *
34,894
1,493,463
BlackLine, Inc. *
28,767
903,284
Box, Inc., Class A *
31,412
991,049
CCC Intelligent Solutions Holdings, Inc. *
277,679
1,691,065
Commvault Systems, Inc. *
19,128
2,253,278
Consensus Cloud Solutions, Inc. *
25,121
914,404
CoreWeave, Inc., Class A *
4,990
358,132
Crowdstrike Holdings, Inc., Class A *
15,123
2,886,376
Datadog, Inc., Class A *
7,609
2,038,984
DigitalOcean Holdings, Inc. *
18,642
2,190,435
Docusign, Inc., Class A *
37,749
2,069,778
Dolby Laboratories, Inc., Class A
55,319
3,253,310
Dropbox, Inc., Class A *
171,951
5,598,725
Dynatrace, Inc. *
45,056
1,996,882
Fair Isaac Corp. *
3,806
4,274,024
Globant SA *
60,306
2,207,200
Guidewire Software, Inc. *
12,559
1,908,214
HubSpot, Inc. *
5,177
1,228,813
InterDigital, Inc.
6,595
2,010,321
LiveRamp Holdings, Inc. *
59,074
2,237,132
Manhattan Associates, Inc. *
15,325
2,932,592
MongoDB, Inc., Class A *
2,365
798,140
NCR Voyix Corp. *
215,344
1,780,895
Okta, Inc. *
22,656
3,215,566
Palantir Technologies, Inc., Class A *
15,003
1,846,269
Progress Software Corp. *
42,733
1,734,532
PTC, Inc. *
22,770
3,124,044
Qualys, Inc. *
17,974
2,601,736
Snowflake, Inc., Class A *
8,464
2,482,322
SPS Commerce, Inc. *
15,326
1,124,775
Teradata Corp. *
117,739
3,648,732
Thryv Holdings, Inc. *
138,849
562,338
Twilio, Inc., Class A *
33,801
6,670,627
Tyler Technologies, Inc. *
8,913
2,759,465
Unisys Corp. *
191,071
548,374
Unity Software, Inc. *
109,941
3,486,229
VeriSign, Inc.
20,379
5,910,318
Workday, Inc., Class A *
8,651
1,387,101
 
97,590,274
 
Technology Hardware & Equipment 4.7%
Advanced Energy Industries, Inc.
11,393
3,298,501
Badger Meter, Inc.
9,893
1,329,125
Belden, Inc.
28,201
3,498,334
Benchmark Electronics, Inc.
47,410
3,781,896
Calix, Inc. *
26,587
954,473
Cognex Corp.
76,494
4,990,469
Coherent Corp. *
26,792
7,043,349
Crane NXT Co.
34,718
1,803,600
CTS Corp.
23,617
1,514,322
Diebold Nixdorf, Inc. *
14,454
1,063,670
ePlus, Inc.
22,816
2,108,427
Everpure, Inc., Class A *
32,639
2,518,752
Ingram Micro Holding Corp.
73,509
2,073,689
  
15

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
IPG Photonics Corp. *
29,401
2,500,849
Itron, Inc. *
29,058
2,895,920
Kimball Electronics, Inc. *
34,868
862,286
Knowles Corp. *
69,010
2,525,076
Littelfuse, Inc.
14,799
6,543,082
Lumentum Holdings, Inc. *
14,097
10,064,412
Methode Electronics, Inc.
137,907
1,929,319
Mirion Technologies, Inc., Class A *
29,973
448,995
NETGEAR, Inc. *
50,564
1,221,626
NetScout Systems, Inc. *
68,738
2,795,574
Novanta, Inc. *
10,901
1,553,937
OSI Systems, Inc. *
7,929
1,755,401
PC Connection, Inc.
17,637
1,476,570
Plexus Corp. *
22,262
5,595,331
Ralliant Corp.
65,626
4,289,972
Rogers Corp. *
19,048
2,351,857
ScanSource, Inc. *
42,379
2,399,499
Super Micro Computer, Inc. *
52,923
1,503,013
TTM Technologies, Inc. *
41,097
4,744,238
Viasat, Inc. *
104,350
8,027,645
Viavi Solutions, Inc. *
111,112
4,105,588
Vistance Networks, Inc. *
277,278
3,255,244
Vontier Corp.
110,997
3,566,334
 
112,390,375
 
Telecommunication Services 0.6%
Array Digital Infrastructure, Inc.
19,543
680,878
Cogent Communications Holdings, Inc.
78,103
1,054,390
IDT Corp., Class B
15,478
1,019,381
IHS Holding Ltd. *
176,190
1,444,758
Iridium Communications, Inc.
110,090
5,211,661
Liberty Capital Corp., Class C *
27,154
629,158
Shenandoah Telecommunications Co.
56,215
674,018
Uniti Group, Inc.
350,294
3,404,858
 
14,119,102
 
Transportation 3.0%
Allegiant Travel Co. *
36,657
3,595,319
American Airlines Group, Inc. *
312,063
4,765,202
ArcBest Corp.
49,054
7,080,945
Costamare, Inc.
25,508
397,415
Covenant Logistics Group, Inc., Class A
27,687
983,442
Forward Air Corp. *
52,540
738,187
Genco Shipping & Trading Ltd.
59,610
1,522,439
Global Ship Lease, Inc., Class A
37,021
1,641,511
Heartland Express, Inc.
83,636
1,022,868
JetBlue Airways Corp. *
540,602
3,259,830
Kirby Corp. *
40,386
5,296,220
Marten Transport Ltd.
119,347
1,765,142
RXO, Inc. *
213,505
4,323,476
Saia, Inc. *
15,983
5,556,170
Schneider National, Inc., Class B
94,493
3,377,180
SkyWest, Inc. *
35,155
3,760,530
Southwest Airlines Co.
100,518
4,520,295
United Airlines Holdings, Inc. *
50,011
6,067,835
Werner Enterprises, Inc.
153,038
5,726,682
XPO, Inc. *
31,359
6,302,218
 
71,702,906
 
Utilities 2.7%
American States Water Co.
20,377
1,745,086
Avista Corp.
73,638
2,978,657
SECURITY
NUMBER
OF SHARES
VALUE ($)
Black Hills Corp.
75,389
5,368,451
California Water Service Group
37,523
1,880,278
Chesapeake Utilities Corp.
11,425
1,517,012
Clearway Energy, Inc., Class C
72,132
2,288,748
H2O America
27,531
1,688,476
Hawaiian Electric Industries, Inc. *
298,549
3,857,253
IDACORP, Inc.
31,117
4,446,930
MDU Resources Group, Inc.
156,060
3,113,397
MGE Energy, Inc.
17,200
1,367,916
New Jersey Resources Corp.
64,658
3,743,052
Northwest Natural Holding Co.
34,129
1,669,591
Northwestern Energy Group, Inc.
55,343
3,804,278
ONE Gas, Inc.
48,719
3,783,030
Ormat Technologies, Inc.
21,315
2,079,918
Otter Tail Corp.
27,713
2,450,383
Southwest Gas Holdings, Inc.
29,648
2,650,531
Spire, Inc.
43,280
3,456,341
Talen Energy Corp. *
11,960
3,995,836
TXNM Energy, Inc.
76,807
4,448,661
Unitil Corp.
14,287
770,641
 
63,104,466
Total Common Stocks
(Cost $1,630,171,344)
2,370,106,380
 
 
 
 
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS
 
Money Market Funds 0.2%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 3.62% (d)
5,786,965
5,786,965
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 3.62% (d)(e)
297,199
297,199
 
6,084,164
Total Short-Term Investments
(Cost $6,084,164)
6,084,164
Total Investments in Securities
(Cost $1,636,255,508)
2,376,190,544
 
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 2000 Index, e-mini,
expires 09/18/26
53
7,785,700
(74,954
)
 
*
Non-income producing security.
(a)
All or a portion of this security is on loan.
(b)
Issuer is an affiliated company, as the investment adviser owns at least 5% of
the voting securities of such company.
(c)
Fair valued using significant unobservable inputs.
(d)
The rate shown is the annualized 7-day yield.
(e)
Security purchased with cash collateral received for securities on loan.
Securities on loan were valued at $226,498.
 
REIT —
Real Estate Investment Trust
 
16
  

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
Below is a summary of the fund’s transactions with affiliated issuers and companies which are or were affiliates during the period ended July 31, 2026. An affiliated company is a company in which the investment adviser has or had an ownership of at least 5% of the voting securities of a security issue during the report period. A dash in the Value at October 31, 2025, and/or Value and Balance of Shares Held at July 31, 2026, columns means either the issuer was not held or not held as an affiliate on the stated date. 
SECURITY
VALUE AT
10/31/25
PURCHASES
SALES
NET REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/26
BALANCE
OF SHARES
HELD AT
7/31/26
DIVIDENDS
RECEIVED
COMMON STOCKS 0.1% OF NET ASSETS
 
Capital Goods 0.0%
JELD-WEN Holding, Inc. *
$—
$641,355
($381,453
)
($2,043,259
)
$462,132
$—
—
$—
 
Commercial & Professional Services 0.0%
TrueBlue, Inc. *
994,556
688,600
(874,173
)
(360,962
)
924,607
—
—
—
 
Consumer Durables & Apparel 0.0%
Oxford Industries, Inc.
—
674,614
(122,663
)
(142,289
)
210,149
—
—
84,988
 
Equity Real Estate Investment Trusts (REITs) 0.1%
Service Properties Trust (a)
2,191,677
570,795
(573,702
)
(1,387,565
)
773,727
1,574,932
196,131
30,059
 
Food, Beverage & Tobacco 0.0%
Hain Celestial Group, Inc. *
—
411,655
(288,116
)
(950,382
)
404,502
—
—
—
 
Health Care Equipment & Services 0.0%
Accendra Health, Inc. *
—
658,980
(629,545
)
(4,359,386
)
3,977,603
—
—
—
 
Household & Personal Products 0.0%
Medifast, Inc. *
994,643
616,512
(738,940
)
(300,268
)
91,401
—
—
—
Nu Skin Enterprises, Inc., Class A
—
1,410,982
(1,394,760
)
(1,105,182
)
(852,557
)
—
—
58,643
 
—
 
Materials 0.0%
Trinseo PLC *,(a),(b)
—
48,296
—
—
(388,106
)
163
328,493
—
 
Media & Entertainment 0.0%
AMC Global Media, Inc., Class A *
—
1,275,387
(1,386,395
)
(211,575
)
871,941
—
—
—
EW Scripps Co., Class A *
1,323,422
1,296,724
(1,388,970
)
(411,040
)
267,295
—
—
—
Gray Media, Inc.
—
1,646,254
(1,608,408
)
(545,994
)
(29,010
)
—
—
159,300
 
—
Total
$5,504,298
$9,940,154
($9,387,125
)
($11,817,902
)
$6,713,684
$1,575,095
$332,990
 
*
Non-income producing security.
(a)
Issuer is an affiliated company, as the investment adviser owns at least 5% of the voting securities of such company.
(b)
Fair valued using significant unobservable inputs.
 
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2026:  
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks 1
$2,142,431,668
$—
$—
$2,142,431,668
Health Care Equipment & Services
111,946,274
—
0
*
111,946,274
Materials
115,728,275
—
163
115,728,438
  
17

Schwab Fundamental U.S. Small Company Index Fund
Portfolio Holdings (Unaudited) continued
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Short-Term Investments 1
$6,084,164
$—
$—
$6,084,164
Liabilities
Futures Contracts 2
(74,954
)
—
—
(74,954
)
Total
$2,376,115,427
$—
$163
$2,376,115,590
 
*
Level 3 amount shown includes securities determined to have no value.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
18
  

Schwab Capital Trust
Schwab Fundamental International Equity Index Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 98.5% OF NET ASSETS
 
Australia 4.8%
AGL Energy Ltd.
340,656
1,982,219
Ampol Ltd.
135,570
3,824,994
ANZ Group Holdings Ltd.
465,513
12,166,215
APA Group
242,648
1,735,760
Aristocrat Leisure Ltd.
57,668
2,591,891
Aurizon Holdings Ltd.
722,152
2,123,676
BHP Group Ltd.
1,418,815
59,803,841
BlueScope Steel Ltd.
227,240
5,212,036
Brambles Ltd.
183,689
2,521,627
Coles Group Ltd.
316,368
5,344,396
Commonwealth Bank of Australia
142,429
17,804,310
Computershare Ltd.
52,932
1,520,899
CSL Ltd.
60,697
5,247,878
Downer EDI Ltd.
215,363
1,171,660
Dyno Nobel Ltd.
532,024
1,408,223
Endeavour Group Ltd.
566,908
1,383,666
Fortescue Ltd.
605,806
7,861,093
Goodman Group
56,970
1,186,054
Insurance Australia Group Ltd.
327,530
1,951,485
JB Hi-Fi Ltd.
31,883
1,834,136
Lendlease Corp. Ltd.
167,594
355,417
Macquarie Group Ltd.
37,075
6,581,506
Medibank Pvt Ltd.
514,712
1,865,698
Metcash Ltd.
504,660
1,077,551
Mineral Resources Ltd. *
35,346
1,436,533
National Australia Bank Ltd.
396,371
11,477,303
Northern Star Resources Ltd.
99,460
1,378,396
Orica Ltd.
93,827
1,532,722
Origin Energy Ltd.
315,608
2,381,079
QBE Insurance Group Ltd.
233,012
4,041,538
Ramsay Health Care Ltd.
61,240
1,903,202
Rio Tinto Ltd.
124,301
14,814,402
Santos Ltd.
927,104
5,148,903
Scentre Group
579,691
1,591,550
Sonic Healthcare Ltd.
185,551
2,839,765
South32 Ltd.
1,435,365
4,576,091
Stockland
433,435
1,297,431
Suncorp Group Ltd.
208,340
2,803,161
Telstra Group Ltd.
890,620
3,144,221
Transurban Group
253,473
2,632,256
Viva Energy Group Ltd.
402,735
809,732
Wesfarmers Ltd.
138,523
8,676,434
Westpac Banking Corp.
454,720
12,057,932
Whitehaven Coal Ltd.
412,988
2,039,561
Woodside Energy Group Ltd.
524,025
12,264,766
Woolworths Group Ltd.
302,207
8,433,271
Worley Ltd.
228,718
1,697,643
 
257,534,123
 
Austria 0.5%
ams-OSRAM AG *
92,676
1,841,240
BAWAG Group AG
10,016
2,031,200
Erste Group Bank AG
40,903
5,346,966
OMV AG
98,556
7,206,922
Raiffeisen Bank International AG
44,731
3,071,165
SECURITY
NUMBER
OF SHARES
VALUE ($)
voestalpine AG
63,526
3,309,083
Wienerberger AG
47,846
1,177,604
 
23,984,180
 
Belgium 0.6%
Ageas SA
32,505
2,690,019
Anheuser-Busch InBev SA
194,582
16,900,218
KBC Group NV
34,663
4,986,575
Proximus SADP
122,926
910,757
Syensqo SA
29,288
2,605,379
UCB SA
6,718
1,724,399
Umicore SA
170,536
4,256,556
 
34,073,903
 
Canada 8.9%
Agnico Eagle Mines Ltd.
24,656
3,579,548
Algonquin Power & Utilities Corp.
219,532
1,284,133
Alimentation Couche-Tard, Inc.
235,272
15,274,177
AltaGas Ltd.
68,219
2,714,453
ARC Resources Ltd.
163,920
3,920,703
Atco Ltd., Class I
32,594
1,855,639
B2Gold Corp.
328,758
1,231,216
Bank of Montreal (a)
89,279
16,015,258
Bank of Nova Scotia
236,763
20,768,803
Barrick Mining Corp.
244,322
8,966,984
Bausch Health Cos., Inc. *
287,988
1,982,440
BCE, Inc.
239,060
5,185,872
Brookfield Corp.
219,217
9,316,938
Canadian Imperial Bank of Commerce
119,140
14,111,357
Canadian National Railway Co.
87,193
11,086,887
Canadian Natural Resources Ltd.
547,853
26,098,101
Canadian Pacific Kansas City Ltd.
73,828
6,557,808
Canadian Tire Corp. Ltd., Class A (a)
25,887
3,778,208
Capital Power Corp.
26,682
1,253,731
CCL Industries, Inc., Class B
26,276
1,742,236
Cenovus Energy, Inc.
626,200
18,881,816
CGI, Inc.
55,442
4,058,140
Constellation Software, Inc.
918
1,966,505
Dollarama, Inc.
12,649
1,723,137
Element Fleet Management Corp.
53,556
1,201,892
Emera, Inc.
51,814
2,768,760
Empire Co. Ltd., Class A
68,451
2,505,418
Enbridge, Inc.
390,686
21,258,714
Fairfax Financial Holdings Ltd.
3,644
6,102,300
Finning International, Inc.
31,635
2,096,438
First Quantum Minerals Ltd. *
124,308
3,445,881
Fortis, Inc. (a)
86,434
4,920,236
Franco-Nevada Corp.
6,156
1,309,673
George Weston Ltd.
47,331
3,537,375
Gildan Activewear, Inc.
26,882
1,488,064
Great-West Lifeco, Inc.
33,252
2,204,545
Hydro One Ltd.
43,761
1,823,050
iA Financial Corp., Inc.
14,917
2,205,547
Imperial Oil Ltd.
42,274
5,480,829
Intact Financial Corp.
23,603
4,634,394
Keyera Corp.
51,015
2,167,460
Kinross Gold Corp.
68,012
1,568,034
Linamar Corp.
19,934
1,470,183
Loblaw Cos. Ltd.
112,286
5,271,278
  
19

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Lundin Mining Corp.
79,724
1,973,977
Magna International, Inc.
179,383
12,302,230
Manulife Financial Corp.
252,716
11,223,810
Methanex Corp.
26,899
1,494,954
Metro, Inc.
60,749
4,037,944
National Bank of Canada
38,107
6,163,828
Nutrien Ltd.
229,239
15,822,781
Open Text Corp.
66,684
1,690,587
Pembina Pipeline Corp.
115,827
5,663,076
Power Corp. of Canada
90,292
6,170,399
Quebecor, Inc., Class B
39,360
1,821,367
Restaurant Brands International, Inc.
42,986
3,179,219
Rogers Communications, Inc., Class B
141,278
4,783,004
Royal Bank of Canada
144,509
30,246,022
Saputo, Inc.
70,157
1,973,314
Shopify, Inc., Class A *
12,660
1,482,697
Sun Life Financial, Inc.
78,542
6,516,546
Suncor Energy, Inc.
423,315
28,427,345
TC Energy Corp.
142,193
9,575,218
Teck Resources Ltd., Class B
129,945
7,819,781
TELUS Corp.
239,679
2,287,624
TFI International, Inc.
20,170
2,724,968
Thomson Reuters Corp.
16,836
1,651,548
Toromont Industries Ltd.
10,138
1,524,985
Toronto-Dominion Bank
229,860
27,553,358
Tourmaline Oil Corp.
81,125
3,582,729
Vermilion Energy, Inc.
119,467
1,421,486
Waste Connections, Inc.
22,336
3,741,760
West Fraser Timber Co. Ltd.
56,267
3,643,698
Wheaton Precious Metals Corp.
10,128
1,101,628
Whitecap Resources, Inc.
259,564
3,062,516
WSP Global, Inc.
14,392
1,758,332
 
477,236,892
 
China 0.1%
China Gas Holdings Ltd.
1,036,800
808,690
Kingboard Holdings Ltd.
328,500
1,642,828
SITC International Holdings Co. Ltd.
334,000
1,683,960
 
4,135,478
 
Denmark 1.1%
AP Moller - Maersk AS, Class A
3,073
8,011,987
AP Moller - Maersk AS, Class B
3,435
9,223,415
Carlsberg AS, Class B
21,360
3,145,360
Coloplast AS, Class B
17,255
1,141,068
Danske Bank AS
69,854
4,020,074
DSV AS
25,174
5,440,627
Genmab AS *
5,128
1,476,035
ISS AS
36,044
1,597,518
Novo Nordisk AS, Class B
324,133
15,332,001
Novonesis Novozymes B, Class B
26,107
1,699,654
Orsted AS *
117,143
2,611,744
Pandora AS
16,523
2,069,151
Rockwool AS, B Shares
28,971
925,653
Vestas Wind Systems AS
91,757
2,469,865
 
59,164,152
 
Finland 1.1%
Elisa OYJ
27,510
1,109,445
Fortum OYJ (a)
139,308
3,166,994
Kesko OYJ, B Shares
91,269
2,274,179
Kone OYJ, B Shares
46,300
2,671,369
Metso OYJ
84,219
1,576,429
Neste OYJ
195,059
6,912,575
Nokia OYJ
1,177,321
10,881,896
Nordea Bank Abp
614,781
12,408,217
SECURITY
NUMBER
OF SHARES
VALUE ($)
Outokumpu OYJ
418,070
2,517,715
Sampo OYJ, A Shares
447,664
4,956,421
Stora Enso OYJ, R Shares
257,463
2,960,712
UPM-Kymmene OYJ
185,484
5,046,237
Wartsila OYJ Abp
36,091
1,223,928
 
57,706,117
 
France 8.3%
Accor SA
21,988
1,143,508
Air Liquide SA
78,299
15,425,566
Alstom SA *
97,546
1,807,130
Arkema SA
49,784
3,390,918
AXA SA
323,966
16,791,028
Ayvens SA
197,307
2,659,248
BNP Paribas SA
248,266
31,546,813
Bollore SE
89,971
401,801
Bouygues SA
70,218
3,955,362
Bureau Veritas SA
47,892
1,532,066
Capgemini SE
57,165
6,794,673
Carrefour SA
588,173
10,794,137
Cie de Saint-Gobain SA
118,372
11,125,439
Cie Generale des Etablissements
Michelin SCA
292,751
11,833,129
Credit Agricole SA
163,659
3,657,035
Danone SA
123,390
9,598,025
Dassault Systemes SE
65,236
1,517,715
Eiffage SA
35,317
5,019,589
Elis SA
42,765
1,226,667
Emeis SA *
68,323
1,153,259
Engie SA
455,547
14,199,904
EssilorLuxottica SA
29,799
5,641,600
Forvia SE *
224,640
2,320,744
Hermes International SCA
1,341
2,376,082
Kering SA
20,411
6,737,127
Legrand SA
24,547
3,731,861
L'Oreal SA
25,988
11,574,931
LVMH Moet Hennessy Louis Vuitton SE
36,930
20,279,555
Orange SA
833,335
15,923,109
Pernod Ricard SA
55,257
4,306,360
Publicis Groupe SA
47,145
5,031,810
Renault SA
202,648
6,398,865
Rexel SA
113,513
4,710,301
Rubis SCA
37,269
1,440,729
Safran SA
14,864
5,841,274
Sanofi SA
287,098
24,722,483
Schneider Electric SE
50,357
16,919,211
SCOR SE
54,801
2,167,990
SEB SA
19,682
1,325,666
Societe Generale SA
200,963
18,889,847
Sodexo SA
27,777
1,826,525
Teleperformance SE (a)
38,928
3,097,397
Thales SA
8,055
2,293,101
TotalEnergies SE
1,055,146
93,022,154
Unibail-Rodamco-Westfield *
15,632
1,904,578
Valeo SE
224,834
3,890,053
Veolia Environnement SA
202,818
8,070,809
Vinci SA
111,539
15,748,497
Worldline SA *(a)
23,723
337,391
 
446,103,062
 
Germany 7.4%
adidas AG
33,655
6,226,950
Allianz SE
58,567
29,172,335
Aumovio SE *
28,551
1,318,287
Aurubis AG (a)
15,594
3,281,317
BASF SE
478,253
27,764,308
Bayer AG
556,222
30,867,946
20
  

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Bayerische Motoren Werke AG
243,672
16,702,117
Beiersdorf AG
14,103
1,310,043
BioNTech SE, ADR *
38,329
3,471,841
Brenntag SE
51,452
3,628,214
Commerzbank AG
77,294
3,371,100
Continental AG
45,757
3,805,301
Daimler Truck Holding AG
131,330
7,428,112
Deutsche Bank AG
249,929
9,198,881
Deutsche Boerse AG
12,840
3,867,628
Deutsche Lufthansa AG
334,690
3,511,912
Deutsche Post AG
364,964
24,380,236
Deutsche Telekom AG
1,173,862
36,226,525
E.ON SE
542,628
11,689,976
Evonik Industries AG
169,459
3,428,102
Freenet AG
16,044
450,853
Fresenius Medical Care AG
113,403
5,820,050
Fresenius SE & Co. KGaA
154,177
7,924,269
FUCHS SE
10,343
412,897
GEA Group AG
21,512
1,528,245
Hannover Rueck SE
6,635
1,912,516
Hapag-Lloyd AG
10,543
1,545,238
Heidelberg Materials AG
25,077
4,668,457
Henkel AG & Co. KGaA
25,749
2,109,880
Infineon Technologies AG
131,886
9,464,605
K&S AG
117,290
1,967,310
KION Group AG
26,265
1,188,556
Lanxess AG
89,263
1,705,060
Mercedes-Benz Group AG
647,693
35,020,211
Merck KGaA
23,289
3,848,931
MTU Aero Engines AG
3,545
1,486,341
Muenchener
Rueckversicherungs-Gesellschaft AG
in Muenchen
18,230
10,950,752
Puma SE *
58,625
1,870,129
Rheinmetall AG
1,100
1,454,143
RWE AG
89,525
5,889,218
SAP SE
80,448
14,745,725
Schaeffler AG
60,065
495,096
Siemens AG
85,191
27,912,521
Siemens Energy AG
19,726
3,370,048
Siemens Healthineers AG
48,269
2,055,515
Symrise AG
19,345
1,985,184
thyssenkrupp AG
326,215
4,577,736
Tkms AG& Co. KGaA *
7,447
709,464
Volkswagen AG
32,887
2,887,542
Vonovia SE
96,075
2,330,841
Zalando SE *
64,326
2,098,005
 
395,036,469
 
Hong Kong 0.9%
AIA Group Ltd.
1,426,600
14,381,398
CK Asset Holdings Ltd.
507,000
3,088,146
CLP Holdings Ltd.
403,000
4,006,764
HKT Trust & HKT Ltd.
880,000
1,489,704
Hong Kong & China Gas Co. Ltd.
2,061,676
1,845,688
Hong Kong Exchanges & Clearing Ltd.
35,406
1,844,752
Link REIT
339,100
1,690,241
New World Development Co. Ltd. *
1,675,422
1,470,284
Pacific Basin Shipping Ltd.
2,954,000
1,234,288
Sun Hung Kai Properties Ltd.
215,564
3,383,245
Swire Pacific Ltd., A Shares
143,300
1,819,825
Swire Pacific Ltd., B Shares
305,000
581,573
Techtronic Industries Co. Ltd.
223,706
3,758,251
WH Group Ltd.
3,646,999
3,924,054
Yue Yuen Industrial Holdings Ltd.
548,500
992,682
 
45,510,895
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Indonesia 0.1%
Jardine Matheson Holdings Ltd.
46,746
3,104,632
 
Ireland 0.5%
AerCap Holdings NV
11,007
1,660,956
AIB Group PLC
221,186
2,630,702
Allegion PLC
3,936
619,526
Bank of Ireland Group PLC
117,763
2,473,010
DCC Energy PLC
55,995
4,787,895
Glanbia PLC
33,938
900,995
ICON PLC *
5,505
900,425
James Hardie Industries PLC, CDI *
36,560
943,786
Kerry Group PLC, Class A
34,320
3,276,515
Kingspan Group PLC
22,406
2,082,498
Octave Intelligence PLC *
25,378
454,940
Ryanair Holdings PLC
105,074
2,946,432
Smurfit Westrock PLC
49,336
2,267,976
Trane Technologies PLC
5,276
2,400,316
 
28,345,972
 
Isle Of Man 0.0%
Entain PLC
176,298
1,290,699
 
Israel 0.5%
Bank Hapoalim BM
133,712
3,246,254
Bank Leumi Le-Israel BM
140,946
3,330,317
Check Point Software Technologies
Ltd. *
11,040
1,403,515
ICL Group Ltd.
324,140
1,656,375
Israel Discount Bank Ltd., A Shares
159,833
1,668,096
Mizrahi Tefahot Bank Ltd.
17,513
1,303,284
Oil Refineries Ltd.
2,389,529
1,522,919
Teva Pharmaceutical Industries Ltd.,
ADR *
195,080
6,829,751
ZIM Integrated Shipping Services Ltd.
282,078
7,105,545
 
28,066,056
 
Italy 2.3%
A2A SpA
578,499
1,511,145
Banco BPM SpA
155,527
2,839,642
BPER Banca SpA
127,032
2,064,169
Enel SpA
1,913,302
21,607,681
Eni SpA
1,063,520
29,583,593
Generali
199,693
10,120,246
Hera SpA
190,836
833,037
Intesa Sanpaolo SpA
1,795,202
13,570,480
Leonardo SpA
30,271
1,929,307
Moncler SpA
24,780
1,409,455
Poste Italiane SpA
59,781
1,808,528
Prysmian SpA
24,705
3,409,122
Snam SpA
296,398
2,009,821
Telecom Italia SpA *
937,295
7,959,373
Terna - Rete Elettrica Nazionale
165,426
1,896,464
UniCredit SpA
195,127
18,402,785
Unipol Assicurazioni SpA
69,814
2,184,445
 
123,139,293
 
Japan 22.4%
Advantest Corp.
16,500
3,260,102
Aeon Co. Ltd.
435,500
3,736,468
AGC, Inc.
127,600
4,812,178
Air Water, Inc.
90,400
1,417,780
Aisin Corp.
285,500
3,936,105
  
21

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ajinomoto Co., Inc.
122,500
3,777,699
Alfresa Holdings Corp.
99,400
1,441,798
Alps Alpine Co. Ltd.
121,200
1,660,192
Amada Co. Ltd.
89,300
1,532,044
ANA Holdings, Inc.
95,500
1,865,284
Asahi Group Holdings Ltd.
561,800
5,863,054
Asahi Kasei Corp.
629,100
6,715,606
Astellas Pharma, Inc.
420,800
5,779,605
Bandai Namco Holdings, Inc.
112,500
3,259,037
Bridgestone Corp.
431,252
10,649,948
Brother Industries Ltd.
99,500
2,477,868
Canon, Inc.
280,600
7,810,530
Central Japan Railway Co.
176,400
4,389,686
Chubu Electric Power Co., Inc.
369,685
6,401,119
Chugai Pharmaceutical Co. Ltd.
53,100
2,304,080
Chugoku Electric Power Co., Inc.
189,600
1,111,103
Coca-Cola Bottlers Japan Holdings, Inc.
33,700
809,842
COMSYS Holdings Corp.
47,300
1,552,551
Cosmo Energy Holdings Co. Ltd.
78,500
1,953,476
Dai Nippon Printing Co. Ltd.
148,900
2,699,887
Daifuku Co. Ltd.
40,070
1,476,026
Daiichi Life Group, Inc.
683,000
8,235,179
Daiichi Sankyo Co. Ltd.
200,160
3,234,891
Daikin Industries Ltd.
68,500
9,922,552
Daito Trust Construction Co. Ltd.
138,900
2,941,165
Daiwa House Industry Co. Ltd.
208,081
6,110,619
Daiwa Securities Group, Inc.
175,000
1,957,661
Daiwabo Holdings Co. Ltd.
42,570
948,843
Denso Corp.
708,100
8,694,692
Dentsu Group, Inc.
91,501
2,030,293
DIC Corp.
54,200
1,490,498
Disco Corp.
3,400
1,215,276
Dowa Holdings Co. Ltd.
33,670
1,717,882
East Japan Railway Co.
209,754
4,826,134
Ebara Corp.
60,500
2,053,829
Eisai Co. Ltd.
81,700
2,456,134
Electric Power Development Co. Ltd.,
Class C
117,100
2,770,158
ENEOS Holdings, Inc.
1,576,350
13,018,327
EXEO Group, Inc.
68,002
1,110,395
FANUC Corp.
109,400
4,408,325
Fast Retailing Co. Ltd.
11,600
5,680,163
Fuji Electric Co. Ltd.
30,600
2,670,440
FUJIFILM Holdings Corp.
389,000
9,156,913
Fujikura Ltd.
70,800
1,796,645
Fujitsu Ltd.
372,600
8,588,159
Furukawa Electric Co. Ltd.
144,700
2,761,154
Hankyu Hanshin Holdings, Inc.
58,300
1,724,975
Hanwa Co. Ltd.
119,100
1,264,968
Haseko Corp.
86,200
1,499,854
Hitachi Construction Machinery Co. Ltd.
37,450
1,248,219
Hitachi Ltd.
711,600
23,319,513
Honda Motor Co. Ltd.
2,480,000
24,997,463
Hoya Corp.
23,750
3,631,777
Idemitsu Kosan Co. Ltd.
642,445
5,259,395
IHI Corp.
74,800
1,307,874
Iida Group Holdings Co. Ltd.
83,400
1,194,025
Inpex Corp.
332,400
7,661,377
Isetan Mitsukoshi Holdings Ltd.
32,900
734,306
Isuzu Motors Ltd.
273,300
4,077,510
ITOCHU Corp.
1,634,900
20,517,358
Iwatani Corp.
101,104
1,286,952
Japan Airlines Co. Ltd.
91,000
1,678,453
Japan Post Bank Co. Ltd.
195,400
3,778,084
Japan Post Holdings Co. Ltd.
541,600
8,012,625
Japan Post Insurance Co. Ltd.
164,300
1,809,124
Japan Tobacco, Inc.
193,300
8,618,643
JFE Holdings, Inc.
551,100
6,252,847
JTEKT Corp.
159,600
2,185,434
SECURITY
NUMBER
OF SHARES
VALUE ($)
JX Advanced Metals Corp.
31,600
732,114
Kajima Corp.
91,000
3,040,694
Kaneka Corp.
33,300
1,184,691
Kansai Electric Power Co., Inc.
368,800
5,585,283
Kao Corp.
231,494
4,758,605
Kawasaki Heavy Industries Ltd.
116,000
1,981,819
Kawasaki Kisen Kaisha Ltd.
102,600
1,828,213
KDDI Corp.
885,900
16,321,570
Keyence Corp.
10,792
5,413,123
Kikkoman Corp.
150,400
1,548,964
Kintetsu Group Holdings Co. Ltd.
66,300
1,440,135
Kioxia Holdings Corp. *
5,000
1,393,682
Kirin Holdings Co. Ltd.
283,900
5,252,079
Kobe Steel Ltd.
261,100
3,379,499
Koito Manufacturing Co. Ltd.
98,300
1,642,889
Komatsu Ltd.
248,700
10,791,150
Konica Minolta, Inc.
368,000
1,344,534
K's Holdings Corp.
90,400
1,070,821
Kubota Corp.
378,100
6,414,649
Kuraray Co. Ltd.
177,900
2,040,418
Kyocera Corp.
376,400
8,584,474
Kyushu Electric Power Co., Inc.
221,200
2,450,682
Lixil Corp.
215,800
2,343,768
LY Corp.
577,300
1,608,498
Makita Corp.
63,290
2,038,596
Marubeni Corp.
422,800
13,665,177
MatsukiyoCocokara & Co.
104,200
1,659,878
Mazda Motor Corp.
752,600
5,486,896
Medipal Holdings Corp.
106,572
1,918,988
MEIJI Holdings Co. Ltd.
126,600
3,014,911
Minebea Mitsumi, Inc.
124,600
2,837,656
MISUMI Group, Inc.
77,600
1,846,178
Mitsubishi Chemical Group Corp.
897,900
6,607,511
Mitsubishi Corp.
1,014,000
30,311,267
Mitsubishi Electric Corp.
395,900
14,261,541
Mitsubishi Estate Co. Ltd.
167,800
4,073,709
Mitsubishi Gas Chemical Co., Inc.
83,087
2,146,162
Mitsubishi HC Capital, Inc.
274,600
2,528,297
Mitsubishi Heavy Industries Ltd.
230,500
5,385,016
Mitsubishi Materials Corp.
91,500
2,374,833
Mitsubishi Motors Corp. (a)
770,300
1,763,615
Mitsubishi UFJ Financial Group, Inc.
952,234
21,269,573
Mitsui & Co. Ltd.
725,100
22,249,168
Mitsui Chemicals, Inc.
226,500
2,977,971
Mitsui Fudosan Co. Ltd.
464,300
4,522,936
Mitsui Kinzoku Co. Ltd.
11,800
2,221,621
Mitsui OSK Lines Ltd.
122,600
4,529,079
Mizuho Financial Group, Inc.
250,221
12,972,505
MS&AD Insurance Group Holdings, Inc.
263,170
8,101,311
Murata Manufacturing Co. Ltd.
371,800
16,940,813
Nagase & Co. Ltd.
154,400
1,089,024
NEC Corp.
230,000
6,835,291
NGK Corp.
86,600
2,962,965
NH Foods Ltd.
55,000
2,160,523
Nichirei Corp.
114,000
1,578,825
NIDEC Corp.
286,500
4,600,569
Nikon Corp.
136,100
1,617,187
Nintendo Co. Ltd.
146,900
7,007,443
Nippon Express Holdings, Inc.
134,300
4,432,323
Nippon Paper Industries Co. Ltd.
122,300
1,053,283
Nippon Sanso Holdings Corp.
37,600
1,351,691
Nippon Steel Corp.
2,916,100
11,879,665
Nippon Yusen KK
218,800
8,401,367
Nissan Motor Co. Ltd. *
3,367,900
7,110,566
Nisshin Seifun Group, Inc.
107,730
1,362,664
Nissin Foods Holdings Co. Ltd.
62,600
1,131,694
Nissui Corp.
138,357
1,091,023
Niterra Co. Ltd.
44,000
2,569,539
Nitori Holdings Co. Ltd.
124,200
2,003,718
22
  

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Nitto Denko Corp.
162,400
3,429,305
Nomura Holdings, Inc.
397,700
3,847,545
Nomura Research Institute Ltd.
62,500
1,848,972
NSK Ltd.
261,900
1,865,499
NTT, Inc.
14,741,225
14,129,659
Obayashi Corp.
158,102
3,107,382
Oji Holdings Corp.
459,300
2,525,596
Olympus Corp.
246,300
2,815,056
Omron Corp.
70,983
2,373,630
Ono Pharmaceutical Co. Ltd.
134,200
2,005,618
ORIX Corp.
189,800
7,660,201
Osaka Gas Co. Ltd.
117,300
4,024,435
Otsuka Corp.
71,100
1,467,116
Otsuka Holdings Co. Ltd.
87,300
6,053,330
Pan Pacific International Holdings Corp.
285,000
1,616,084
Panasonic Holdings Corp.
1,138,950
30,116,642
Persol Holdings Co. Ltd.
706,100
1,170,731
Recruit Holdings Co. Ltd.
178,700
14,131,742
Renesas Electronics Corp.
274,100
5,493,992
Rengo Co. Ltd.
152,317
1,423,725
Resona Holdings, Inc.
229,258
3,108,922
Resonac Holdings Corp.
47,100
3,923,386
Ricoh Co. Ltd.
313,400
3,075,389
Rohm Co. Ltd.
94,200
2,497,858
Ryohin Keikaku Co. Ltd.
53,300
1,398,073
Sankyu, Inc.
9,200
544,206
Sanwa Holdings Corp.
49,130
1,053,154
SBI Holdings, Inc.
59,700
1,127,033
SCREEN Holdings Co. Ltd.
12,100
923,044
Secom Co. Ltd.
95,400
4,109,453
Seiko Epson Corp.
171,100
3,134,048
Sekisui Chemical Co. Ltd.
176,300
2,934,237
Sekisui House Ltd.
276,983
6,063,786
Seven & i Holdings Co. Ltd.
832,000
11,032,417
SG Holdings Co. Ltd.
210,900
2,096,341
Shimadzu Corp.
57,600
1,464,913
Shimamura Co. Ltd.
59,100
1,244,367
Shimano, Inc.
21,700
2,739,194
Shimizu Corp.
107,700
1,586,510
Shin-Etsu Chemical Co. Ltd.
359,800
12,826,908
Shionogi & Co. Ltd.
124,500
2,251,121
Shiseido Co. Ltd.
134,600
2,658,838
SMC Corp.
9,500
4,104,573
SoftBank Corp.
7,812,200
10,965,029
SoftBank Group Corp.
360,900
11,241,125
Sojitz Corp.
92,860
3,102,499
Sompo Holdings, Inc.
177,500
7,880,397
Sony Financial Group, Inc.
180,535
175,026
Sony Group Corp.
864,435
20,200,864
Stanley Electric Co. Ltd.
26,575
579,088
Subaru Corp.
345,000
5,872,742
SUMCO Corp.
160,100
3,254,836
Sumitomo Chemical Co. Ltd.
1,167,900
3,779,100
Sumitomo Corp.
1,226,800
12,734,131
Sumitomo Electric Industries Ltd.
724,800
9,592,794
Sumitomo Forestry Co. Ltd.
254,000
2,142,342
Sumitomo Heavy Industries Ltd.
72,200
2,334,004
Sumitomo Metal Mining Co. Ltd.
81,200
4,081,553
Sumitomo Mitsui Financial Group, Inc.
484,030
20,798,240
Sumitomo Mitsui Trust Group, Inc.
334,000
3,434,416
Sumitomo Realty & Development Co.
Ltd.
85,700
1,920,908
Sumitomo Rubber Industries Ltd.
122,600
1,734,634
Suntory Beverage & Food Ltd.
57,500
1,667,042
Suzuken Co. Ltd.
32,130
1,025,043
Suzuki Motor Corp.
665,900
8,692,355
Sysmex Corp.
128,100
1,293,490
T&D Holdings, Inc.
54,050
1,703,430
Taiheiyo Cement Corp.
63,442
1,606,522
SECURITY
NUMBER
OF SHARES
VALUE ($)
Taisei Corp.
29,700
2,405,772
Taiyo Yuden Co. Ltd.
26,300
1,626,421
Takeda Pharmaceutical Co. Ltd.
511,621
17,566,827
TDK Corp.
345,400
6,641,509
Teijin Ltd.
148,300
1,511,403
Terumo Corp.
222,100
3,258,184
TISI, Inc.
53,900
1,292,218
Tobu Railway Co. Ltd.
66,300
1,286,055
Toho Gas Co. Ltd.
112,500
814,778
Tohoku Electric Power Co., Inc.
307,000
2,255,918
Tokio Marine Holdings, Inc.
235,100
11,982,190
Tokyo Electric Power Co. Holdings, Inc. *
1,394,300
4,501,248
Tokyo Electron Ltd.
42,200
14,109,024
Tokyo Gas Co. Ltd.
131,500
5,076,539
Tokyu Corp.
143,400
1,574,237
Tokyu Fudosan Holdings Corp.
204,300
1,698,024
TOPPAN Holdings, Inc.
103,400
2,899,424
Toray Industries, Inc.
616,700
4,429,913
Tosoh Corp.
136,200
2,290,676
TOTO Ltd.
54,600
2,369,595
Toyo Seikan Group Holdings Ltd.
45,300
1,151,026
Toyo Suisan Kaisha Ltd.
19,247
1,248,847
Toyoda Gosei Co. Ltd.
27,400
945,942
Toyota Boshoku Corp.
71,700
1,000,478
Toyota Motor Corp.
2,613,190
49,453,746
Toyota Tsusho Corp.
228,800
9,496,421
Tsuruha Holdings, Inc.
38,900
592,650
UBE Corp.
75,300
1,491,173
Unicharm Corp.
292,000
1,852,142
West Japan Railway Co.
127,526
2,406,392
Yakult Honsha Co. Ltd.
69,500
1,229,986
Yamada Holdings Co. Ltd.
456,100
2,037,251
Yamaha Corp.
185,700
1,439,476
Yamaha Motor Co. Ltd.
594,300
4,971,248
Yamato Holdings Co. Ltd.
152,900
1,984,209
Yamazaki Baking Co. Ltd.
56,700
1,198,229
Yaskawa Electric Corp.
47,500
1,414,445
Yokogawa Electric Corp.
45,500
1,622,744
Yokohama Rubber Co. Ltd.
45,600
2,166,039
 
1,200,755,133
 
Jersey 1.2%
B&M European Value Retail PLC
838,004
2,519,077
Experian PLC
94,271
3,556,818
Glencore PLC *
7,573,165
55,779,008
International Workplace Group PLC
171,348
456,984
WPP PLC
1,008,684
4,074,359
 
66,386,246
 
Luxembourg 0.6%
Aperam SA
31,276
1,652,086
ArcelorMittal SA
280,626
19,822,671
Eurofins Scientific SE
24,319
1,917,814
Millicom International Cellular SA
27,226
2,599,539
SES SA, Class A
197,359
1,309,749
Spotify Technology SA *
1,736
867,896
Subsea 7 SA
55,145
1,863,283
Tenaris SA
81,137
2,327,789
 
32,360,827
 
Mauritius 0.0%
Golden Agri-Resources Ltd.
4,111,600
913,724
 
  
23

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Netherlands 3.1%
Aalberts NV
34,558
1,711,524
ABN AMRO Bank NV, GDR
144,822
6,551,386
Airbus SE
40,269
9,453,490
Akzo Nobel NV
76,864
5,383,747
ASM International NV
1,935
1,792,098
ASML Holding NV
12,615
20,788,825
ASR Nederland NV
18,400
1,504,326
Ferrari NV
5,194
2,042,244
Heineken Holding NV
46,721
3,930,450
Heineken NV
69,276
6,272,271
IMCD NV
11,628
1,270,889
ING Groep NV, Series N
524,802
18,442,353
Iveco Group NV
74,537
1,195,164
Koninklijke Ahold Delhaize NV
460,511
18,246,472
Koninklijke KPN NV
788,602
3,723,652
Koninklijke Philips NV
201,465
5,308,167
Magnum Ice Cream Co. NV *(b)
80,100
1,496,901
Magnum Ice Cream Co. NV *(b)
51,559
958,568
NN Group NV
46,825
4,413,777
NXP Semiconductors NV
26,329
6,033,554
Prosus NV *
32,705
1,519,893
Randstad NV
93,617
3,957,741
SBM Offshore NV
38,489
1,437,406
Signify NV
89,056
1,522,198
Stellantis NV *
3,752,484
21,605,171
STMicroelectronics NV
171,219
9,112,505
Universal Music Group NV
77,509
1,278,864
Wolters Kluwer NV
30,173
2,368,840
 
163,322,476
 
New Zealand 0.0%
EBOS Group Ltd.
17,349
224,925
Fletcher Building Ltd. *
442,926
949,777
Spark New Zealand Ltd.
626,022
707,756
 
1,882,458
 
Norway 1.0%
Aker BP ASA
142,668
5,086,742
DNB Bank ASA
147,821
4,759,630
Equinor ASA
675,644
27,735,799
Mowi ASA
91,104
1,951,013
Norsk Hydro ASA
506,734
4,674,127
Orkla ASA
135,170
1,501,461
Telenor ASA
203,133
2,867,760
Var Energi ASA
337,185
1,694,020
Wallenius Wilhelmsen ASA
56,975
887,914
Yara International ASA
102,973
4,857,422
 
56,015,888
 
Poland 0.4%
Bank Polska Kasa Opieki SA
26,193
1,726,506
KGHM Polska Miedz SA
34,182
2,833,495
ORLEN SA
264,383
10,491,059
PGE Polska Grupa Energetyczna SA *
395,586
1,069,144
Powszechna Kasa Oszczednosci Bank
Polski SA
69,265
2,074,686
Powszechny Zaklad Ubezpieczen SA
162,472
3,094,054
Tauron Polska Energia SA
385,688
931,513
 
22,220,457
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Portugal 0.2%
EDP SA
896,321
4,615,426
Galp Energia SGPS SA
159,762
3,628,292
Jeronimo Martins SGPS SA
83,388
1,672,338
 
9,916,056
 
Republic of Korea 7.6%
BNK Financial Group, Inc.
108,423
1,136,357
CJ CheilJedang Corp.
10,377
1,379,701
CJ Corp.
15,561
1,395,728
DB Insurance Co. Ltd.
12,363
1,338,784
Doosan Enerbility Co. Ltd. *
22,307
1,022,304
E-MART, Inc.
31,316
1,723,668
GS Holdings Corp.
65,765
4,068,807
Hana Financial Group, Inc.
60,430
5,223,509
Hankook Tire & Technology Co. Ltd.
36,958
1,721,706
Hanwha Corp. (c)
12,897
788,687
Hanwha Solutions Corp. *
26,342
463,661
HD Hyundai Co. Ltd.
13,436
1,844,958
HMM Co. Ltd.
146,334
2,132,256
Hyundai Engineering & Construction Co.
Ltd.
25,615
1,659,712
Hyundai Glovis Co. Ltd.
13,760
1,887,121
Hyundai Mobis Co. Ltd.
27,542
8,907,245
Hyundai Motor Co.
49,731
13,176,571
Hyundai Steel Co.
129,774
2,356,716
KB Financial Group, Inc.
65,715
7,691,071
Kia Corp.
120,016
10,820,669
Korea Electric Power Corp.
97,712
2,348,054
Korea Gas Corp.
52,499
1,266,011
Korea Zinc Co. Ltd.
1,647
1,123,027
Korean Air Lines Co. Ltd.
133,275
2,361,088
KT Corp.
34,209
1,233,207
KT&G Corp.
19,102
2,377,022
Kumho Petrochemical Co. Ltd.
13,801
1,096,890
LG Chem Ltd.
23,615
4,182,639
LG Corp.
26,486
1,836,319
LG Display Co. Ltd. *
308,725
1,942,314
LG Electronics, Inc.
106,649
11,821,161
LG H&H Co. Ltd.
7,628
1,524,112
LG Innotek Co. Ltd.
9,643
3,330,577
LG Uplus Corp.
165,642
1,698,415
Lotte Chemical Corp.
23,121
901,379
NAVER Corp.
14,838
2,124,218
POSCO Holdings, Inc.
61,495
13,278,164
Samsung C&T Corp.
16,663
3,881,856
Samsung Electro-Mechanics Co. Ltd.
11,137
8,510,302
Samsung Electronics Co. Ltd.
1,099,865
191,436,770
Samsung Fire & Marine Insurance Co.
Ltd.
5,375
2,326,310
Samsung SDI Co. Ltd. *
12,611
3,438,785
Samsung SDS Co. Ltd.
14,681
2,069,547
Shinhan Financial Group Co. Ltd.
111,679
7,752,748
SK Hynix, Inc.
33,485
38,027,408
SK Innovation Co. Ltd. *
33,702
2,581,510
SK Telecom Co. Ltd.
67,693
3,825,223
SK, Inc.
29,414
10,988,950
S-Oil Corp.
26,126
2,339,742
Woori Financial Group, Inc.
177,832
4,116,692
 
406,479,671
 
Singapore 0.8%
DBS Group Holdings Ltd.
191,308
11,037,840
Keppel Ltd.
149,700
1,336,964
Keppel REIT
16,633
11,932
Olam Group Ltd.
1,094,100
1,194,107
24
  

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Oversea-Chinese Banking Corp. Ltd.
446,244
10,135,639
Singapore Airlines Ltd.
458,770
2,752,070
Singapore Telecommunications Ltd.
909,186
3,145,690
United Overseas Bank Ltd.
223,552
7,560,321
Wilmar International Ltd.
1,104,866
3,378,790
 
40,553,353
 
Spain 3.1%
Acerinox SA
87,357
1,758,973
ACS Actividades de Construccion y
Servicios SA
27,373
3,489,260
Aena SME SA
51,463
1,586,493
Amadeus IT Group SA
31,848
1,965,562
Banco Bilbao Vizcaya Argentaria SA
977,701
27,406,804
Banco de Sabadell SA
719,494
2,762,297
Banco Santander SA
3,129,081
44,502,630
CaixaBank SA
343,742
4,993,311
Cellnex Telecom SA *
42,263
1,312,860
Endesa SA
75,830
3,692,536
Grifols SA
108,168
1,243,148
Iberdrola SA
828,544
19,680,889
Industria de Diseno Textil SA
119,456
7,796,129
International Consolidated Airlines
Group SA
436,849
2,560,771
Mapfre SA
302,216
1,545,354
Naturgy Energy Group SA
38,263
1,276,448
Redeia Corp. SA
94,250
1,662,291
Repsol SA
757,241
23,111,772
Telefonica SA
2,733,287
11,284,893
 
163,632,421
 
Sweden 1.8%
Alfa Laval AB
27,381
1,620,354
Assa Abloy AB, B Shares
109,744
4,072,134
Atlas Copco AB, A Shares
226,278
4,781,213
Atlas Copco AB, B Shares
128,963
2,382,920
Boliden AB
75,482
3,798,071
Electrolux AB, Class B *
372,779
1,091,433
Epiroc AB, A Shares
58,697
1,504,793
Epiroc AB, B Shares
33,581
736,283
Essity AB, B Shares
154,556
4,489,958
H & M Hennes & Mauritz AB, B Shares
138,914
2,544,035
Hexagon AB, B Shares
232,321
2,293,140
Husqvarna AB, B Shares
247,549
1,011,930
Sandvik AB
125,541
4,694,572
Securitas AB, B Shares
133,213
2,139,981
Skandinaviska Enskilda Banken AB,
A Shares
230,593
5,403,371
Skanska AB, B Shares
111,552
3,130,176
SKF AB, B Shares
109,461
2,962,807
SSAB AB, A Shares
128,255
1,350,250
SSAB AB, B Shares
370,026
3,897,425
Svenska Handelsbanken AB, A Shares
246,371
3,767,150
Swedbank AB, A Shares
145,510
5,820,394
Tele2 AB, B Shares
126,258
2,187,304
Telefonaktiebolaget LM Ericsson,
B Shares
697,084
6,856,996
Telia Co. AB
681,391
3,157,705
Trelleborg AB, B Shares
38,195
1,697,922
Volvo AB, A Shares
48,206
1,847,962
Volvo AB, B Shares
352,152
13,470,423
Volvo Car AB, B Shares *(a)
553,551
1,174,007
 
93,884,709
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Switzerland 4.9%
ABB Ltd.
112,409
11,090,148
Adecco Group AG
141,654
3,959,404
Alcon AG
55,315
3,798,991
Amrize Ltd. *
56,398
2,764,468
Barry Callebaut AG
835
1,163,341
Bucher Industries AG
1,117
438,860
Chocoladefabriken Lindt & Spruengli AG
10
1,177,506
Chocoladefabriken Lindt & Spruengli AG,
Participation Certificates
69
796,403
Cie Financiere Richemont SA, Class A
47,254
11,168,092
Coca-Cola HBC AG *
28,181
1,900,239
DSM-Firmenich AG
47,603
5,131,973
Garmin Ltd.
13,716
4,029,487
Geberit AG
2,858
1,883,137
Givaudan SA
715
2,857,751
Holcim AG *
56,687
5,148,547
Julius Baer Group Ltd.
26,999
2,373,768
Kuehne & Nagel International AG
16,991
4,326,956
Logitech International SA
21,841
2,230,628
Lonza Group AG
5,564
3,877,984
Nestle SA
404,067
40,386,892
Novartis AG
223,168
34,901,635
Partners Group Holding AG
1,501
1,251,126
Roche Holding AG
110,846
48,449,941
Roche Holding AG, Bearer Shares
4,812
2,133,138
Sandoz Group AG
49,934
4,070,512
Schindler Holding AG
2,090
639,276
Schindler Holding AG, Participation
Certificates
4,349
1,368,978
SGS SA
14,821
1,756,235
Sika AG
20,596
4,633,906
Sonova Holding AG
5,947
1,620,283
Sunrise Communications AG, Class A *
25,676
1,356,098
Swatch Group AG
18,217
816,278
Swatch Group AG, Bearer Shares
7,461
1,668,104
Swiss Life Holding AG
3,175
3,746,493
Swiss Re AG
39,580
6,586,707
Swisscom AG
4,911
3,773,837
Transocean Ltd. *
263,713
1,402,953
UBS Group AG
307,919
16,275,869
Zurich Insurance Group AG
21,765
16,579,012
 
263,534,956
 
United Kingdom 13.9%
3i Group PLC
59,173
2,278,030
Aberdeen Group PLC
535,750
1,743,904
Admiral Group PLC
36,428
1,846,625
Anglo American PLC
369,560
18,707,682
Anglogold Ashanti PLC
28,516
2,261,889
Antofagasta PLC
40,724
2,029,716
ARM Holdings PLC, ADR *
500
119,845
Associated British Foods PLC
120,281
3,379,235
AstraZeneca PLC
118,667
20,186,479
Aviva PLC
427,100
3,997,314
BAE Systems PLC
346,661
9,813,741
Balfour Beatty PLC
147,152
1,715,459
Barclays PLC
3,065,567
21,071,291
Barratt Redrow PLC
609,723
2,423,170
Bellway PLC
53,449
1,432,074
Berkeley Group Holdings PLC *
30,793
1,454,436
BP PLC
8,221,549
61,769,869
British American Tobacco PLC
513,267
31,135,254
BT Group PLC
3,383,813
9,162,145
Bunzl PLC
110,867
4,183,802
Burberry Group PLC *
129,002
2,079,307
Centrica PLC
2,070,493
4,325,288
  
25

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
CK Hutchison Holdings Ltd.
1,309,588
12,269,890
Coca-Cola Europacific Partners PLC
31,396
3,436,606
Compass Group PLC
232,231
7,374,693
Croda International PLC
35,513
1,537,449
Currys PLC
871,990
1,974,160
Diageo PLC
436,496
9,589,092
Drax Group PLC
172,040
1,710,019
Endeavour Mining PLC
11,266
533,143
Firstgroup PLC
253,518
630,056
GSK PLC
794,518
20,659,747
Haleon PLC
1,498,195
7,334,504
Hays PLC
1,295,201
984,523
HSBC Holdings PLC
2,966,582
63,174,278
Imperial Brands PLC
234,531
8,900,654
Inchcape PLC
158,833
1,794,954
Informa PLC
142,975
1,712,786
Intertek Group PLC
26,239
2,072,440
Investec PLC
158,643
1,388,473
ITV PLC
1,328,405
1,331,814
J Sainsbury PLC
1,412,406
6,811,057
JD Sports Fashion PLC
1,282,468
1,554,866
Johnson Matthey PLC
104,411
2,820,611
Kingfisher PLC
1,260,200
5,257,478
Legal & General Group PLC
1,272,580
5,167,127
Lloyds Banking Group PLC
11,527,244
17,816,685
London Stock Exchange Group PLC
39,673
4,462,917
M&G PLC
851,514
4,113,410
Marks & Spencer Group PLC
683,067
3,733,897
Melrose Industries PLC
264,936
1,629,695
Mondi PLC
266,316
3,210,963
National Grid PLC
737,307
11,801,226
NatWest Group PLC
1,455,161
13,726,000
Next PLC
16,751
3,354,523
Pearson PLC
159,194
2,686,342
Persimmon PLC
182,733
2,742,854
Prudential PLC
308,634
4,638,321
Reckitt Benckiser Group PLC
118,867
8,389,319
RELX PLC
170,573
5,999,384
Rentokil Initial PLC
319,575
1,471,725
Rio Tinto PLC
389,063
37,805,104
Rolls-Royce Holdings PLC
120,256
2,399,067
RS Group PLC
144,972
1,380,405
Sage Group PLC
122,212
1,609,895
Serco Group PLC
375,585
1,222,967
Severn Trent PLC
42,232
1,712,674
Shell PLC
2,911,755
133,275,950
Smith & Nephew PLC
166,277
2,601,065
Smiths Group PLC
55,486
1,981,382
SSE PLC
167,584
5,294,555
St. James's Place PLC
74,932
1,064,700
Standard Chartered PLC
388,589
11,489,647
Standard Life PLC
126,778
1,579,820
Taylor Wimpey PLC
1,835,758
1,932,873
Tesco PLC
2,608,407
17,168,948
Travis Perkins PLC
164,049
1,229,101
Unilever PLC
354,426
22,551,273
United Utilities Group PLC
105,980
1,973,811
Vodafone Group PLC
17,217,651
27,324,238
Whitbread PLC
41,714
1,413,190
 
743,924,901
 
United States 0.4%
Aegon Ltd.
184,077
1,749,357
Aptiv PLC *
43,699
2,467,683
Autoliv, Inc.
17,953
2,211,271
Coronado Global Resources, Inc.,
CDI *(a)
3,448,453
413,532
JBS NV, Class A
125,410
1,758,248
SECURITY
NUMBER
OF SHARES
VALUE ($)
Lululemon Athletica, Inc. *
23,864
2,836,714
Medtronic PLC
101,219
8,643,090
Perrigo Co. PLC
40,123
405,644
Versigent PLC *
16,387
677,602
 
21,163,141
Total Common Stocks
(Cost $3,296,636,704)
5,271,378,340
 
PREFERRED STOCKS 1.1% OF NET ASSETS
 
Germany 0.6%
Dr. Ing hc F Porsche AG
37,237
1,822,988
FUCHS SE
18,537
859,205
Henkel AG & Co. KGaA
42,692
3,721,833
Porsche Automobil Holding SE
62,173
2,063,590
Volkswagen AG
235,469
20,349,705
 
28,817,321
 
Republic of Korea 0.5%
Hanwha Corp. (c)
13,253
276,383
Hyundai Motor Co.
9,132
1,249,240
Hyundai Motor Co. 2nd
14,295
1,969,187
LG Chem Ltd.
5,816
478,630
Samsung Electronics Co. Ltd.
184,541
23,190,331
Samsung Fire & Marine Insurance Co.
Ltd.
719
190,914
 
27,354,685
 
Spain 0.0%
Grifols SA, B Shares
31,031
242,049
Total Preferred Stocks
(Cost $44,835,841)
56,414,055
 
WARRANTS 0.0% OF NET ASSETS
 
Canada 0.0%
Constellation Software, Inc.
expires 03/31/40 *(c)
290
0
Total Warrants
(Cost $0)
0
 
 
 
 
SHORT-TERM INVESTMENTS 0.6% OF NET ASSETS
 
Money Market Funds 0.6%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 3.62% (d)(e)
32,894,882
32,894,882
Total Short-Term Investments
(Cost $32,894,882)
32,894,882
Total Investments in Securities
(Cost $3,374,367,427)
5,360,687,277
 
26
  

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
MSCI EAFE Index, expires
09/18/26
135
21,480,525
384,959
 
*
Non-income producing security.
(a)
All or a portion of this security is on loan.
(b)
Security is traded on separate exchanges for the same issuer.
(c)
Fair valued using significant unobservable inputs.
(d)
The rate shown is the annualized 7-day yield.
(e)
Security purchased with cash collateral received for securities on loan.
Securities on loan were valued at $31,492,987.
 
ADR —
American Depositary Receipt
CDI —
CHESS Depositary Interest
GDR —
Global Depositary Receipt
REIT —
Real Estate Investment Trust
 
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2026:  
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$—
$914,881,117
$—
$914,881,117
Belgium
910,757
33,163,146
—
34,073,903
Canada
477,236,892
—
—
477,236,892
Denmark
18,935,056
40,229,096
—
59,164,152
France
19,020,506
427,082,556
—
446,103,062
Germany
5,017,079
390,019,390
—
395,036,469
Ireland
8,304,139
20,041,833
—
28,345,972
Israel
16,861,730
11,204,326
—
28,066,056
Japan
19,438,139
1,181,316,994
—
1,200,755,133
Luxembourg
4,777,184
27,583,643
—
32,360,827
Mauritius
913,724
—
—
913,724
Netherlands
25,550,915
137,771,561
—
163,322,476
Norway
3,755,674
52,260,214
—
56,015,888
Republic of Korea
—
405,690,984
788,687
406,479,671
Switzerland
5,432,440
258,102,516
—
263,534,956
United Kingdom
18,451,364
725,473,537
—
743,924,901
United States
19,000,252
2,162,889
—
21,163,141
Preferred Stocks1
—
29,059,370
—
29,059,370
Republic of Korea
—
27,078,302
276,383
27,354,685
Warrants
Canada
—
—
0
*
0
  
27

Schwab Fundamental International Equity Index Fund
Portfolio Holdings (Unaudited) continued
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Short-Term Investments1
$32,894,882
$—
$—
$32,894,882
Futures Contracts2
384,959
—
—
384,959
Total
$676,885,692
$4,683,121,474
$1,065,070
$5,361,072,236
 
*
Level 3 amount shown includes securities determined to have no value.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
28
  

Schwab Capital Trust
Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.4% OF NET ASSETS
 
Australia 5.1%
Accent Group Ltd.
98,226
47,818
ALS Ltd.
45,668
689,278
Amotiv Ltd.
28,028
138,320
AMP Ltd.
502,958
757,846
Ansell Ltd.
30,752
706,243
ARB Corp. Ltd.
13,839
191,590
ASX Ltd.
17,041
657,335
Austal Ltd. *
58,596
147,778
Bank of Queensland Ltd.
137,648
641,145
Bapcor Ltd.
139,728
43,086
Beach Energy Ltd.
775,641
498,817
Bega Cheese Ltd.
62,552
266,979
Bendigo & Adelaide Bank Ltd.
92,977
747,477
Breville Group Ltd.
11,490
264,156
CAR Group Ltd.
21,027
383,929
Challenger Ltd.
50,955
350,160
Champion Iron Ltd.
161,896
384,965
Charter Hall Group
36,569
597,964
Cleanaway Waste Management Ltd.
405,015
665,114
Cochlear Ltd.
6,585
551,879
Collins Foods Ltd.
11,018
63,473
Credit Corp. Group Ltd.
10,007
96,818
Dexus
153,209
643,421
Domino's Pizza Enterprises Ltd.
23,140
301,166
Eagers Automotive Ltd.
41,269
678,493
Elders Ltd.
63,456
250,392
Evolution Mining Ltd.
124,786
989,469
Flight Centre Travel Group Ltd.
22,043
203,731
G8 Education Ltd.
130,323
13,700
GPT Group
181,223
652,744
GrainCorp Ltd., Class A
118,511
464,987
Harvey Norman Holdings Ltd.
144,715
498,413
Healius Ltd. *
387,882
101,906
Helia Group Ltd.
65,053
228,812
IDP Education Ltd.
86,052
138,846
IGO Ltd. *
110,566
532,134
Iluka Resources Ltd.
143,863
608,306
Inghams Group Ltd.
83,762
132,359
IPH Ltd.
26,336
76,953
IRESS Ltd.
39,522
189,418
Karoon Energy Ltd.
116,536
144,459
Lendlease Corp. Ltd.
86,811
184,100
Lottery Corp. Ltd.
142,428
558,031
Lynas Rare Earths Ltd. *
25,374
249,040
Macmahon Holdings Ltd.
216,484
140,319
Magellan Financial Group Ltd.
55,026
368,293
Mirvac Group
827,906
1,038,336
Monadelphous Group Ltd.
17,427
356,802
Myer Holdings Ltd.
320,707
47,258
New Hope Corp. Ltd.
212,605
776,421
nib holdings Ltd.
76,057
400,214
Nickel Industries Ltd. *
650,362
370,560
Nine Entertainment Co. Holdings Ltd.
500,587
336,557
NRW Holdings Ltd.
108,711
532,570
Nufarm Ltd. *
146,756
308,531
Orora Ltd.
365,478
373,083
Perenti Ltd.
249,124
369,669
SECURITY
NUMBER
OF SHARES
VALUE ($)
Perpetual Ltd.
19,224
255,385
Perseus Mining Ltd.
151,678
519,235
PLS Group Ltd. *
276,539
803,520
Premier Investments Ltd.
22,810
218,741
Qantas Airways Ltd.
102,215
711,316
Ramelius Resources Ltd.
126,329
271,687
REA Group Ltd.
2,275
256,926
Reece Ltd.
61,739
693,208
Region Group
158,895
265,649
Regis Resources Ltd.
106,014
454,291
Reliance Worldwide Corp. Ltd.
192,672
473,886
Resolute Mining Ltd. *
172,346
112,765
Sandfire Resources Ltd. *
40,854
540,800
SEEK Ltd.
41,062
423,665
Service Stream Ltd.
105,943
181,080
SGH Ltd.
22,451
694,313
Sigma Healthcare Ltd.
150,766
310,879
Sims Ltd.
83,060
1,483,584
Stanmore Resources Ltd.
138,729
224,682
Steadfast Group Ltd.
124,602
445,296
Super Retail Group Ltd.
42,567
397,008
Tabcorp Holdings Ltd.
578,028
362,183
TPG Telecom Ltd.
181,686
456,136
Treasury Wine Estates Ltd.
252,509
873,319
Ventia Services Group Pty. Ltd.
135,854
554,055
Vicinity Ltd.
533,097
1,001,874
Viva Energy Group Ltd.
256,912
516,543
West African Resources Ltd. *
53,847
107,313
Yancoal Australia Ltd.
82,457
324,906
 
36,085,908
 
Austria 0.7%
ANDRITZ AG
13,174
1,240,961
EVN AG
7,367
249,609
Kontron AG *
8,530
220,426
Lenzing AG *
6,662
181,014
Mayr Melnhof Karton AG
4,657
446,435
Oesterreichische Post AG
6,564
246,630
Palfinger AG
4,514
152,609
Strabag SE
5,395
520,714
Telekom Austria AG
17,445
203,983
UNIQA Insurance Group AG
20,089
418,084
Verbund AG
6,413
440,182
Vienna Insurance Group AG Wiener
Versicherung Gruppe
7,354
602,658
 
4,923,305
 
Belgium 1.1%
Ackermans & van Haaren NV
3,232
1,003,077
Aedifica SA
8,312
672,144
Azelis Group NV
59,780
780,668
Barco NV
17,413
157,772
Bekaert SA
12,965
595,827
Colruyt Group NV
12,655
567,330
Deme Group NV
1,281
244,390
D'ieteren Group
3,104
640,681
Elia Group SA
4,348
623,002
Fagron
9,552
255,140
KBC Ancora
2,529
258,405
  
29

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Lotus Bakeries NV
19
243,698
Melexis NV
4,023
315,903
Ontex Group NV *(a)
22,664
60,370
Solvay SA
24,116
739,142
Tessenderlo Group SA
4,588
112,979
Titan SA (a)
6,067
365,158
Viohalco SA
5,132
104,780
Warehouses De Pauw CVA
10,959
282,029
 
8,022,495
 
British Virgin Islands 0.0%
Etoro Group Ltd., Class A *
5,353
190,942
 
Canada 8.9%
ADENTRA, Inc.
1,959
48,519
Advantage Energy Ltd. *
41,792
327,932
Aecon Group, Inc.
23,074
744,471
Air Canada *
56,054
1,014,438
AKITA Drilling Ltd., Class B *
3,190
8,033
Alamos Gold, Inc., Class A
19,072
530,046
Algoma Steel Group, Inc. *
84,238
323,888
Allied Properties Real Estate Investment
Trust
47,457
332,438
Altus Group Ltd.
5,613
187,467
Aris Mining Corp. *
16,737
223,622
Aritzia, Inc. *
4,760
474,285
Athabasca Oil Corp. *
92,101
680,648
AtkinsRealis Group, Inc.
17,800
1,103,286
ATS Corp. *
13,322
363,496
Badger Infrastructure Solutions Ltd.
4,194
265,848
Baytex Energy Corp.
346,090
1,577,569
Birchcliff Energy Ltd.
113,158
515,804
Bird Construction, Inc.
9,534
454,784
Bombardier, Inc., Class B *
4,227
1,018,388
Boralex, Inc., Class A
18,492
489,128
Boyd Group Services, Inc.
4,029
416,480
Brookfield Business Corp., Class A
9,071
269,053
Brookfield Infrastructure Corp., Class A
25,988
1,098,583
Brookfield Renewable Corp.
21,924
731,608
Brookfield Wealth Solutions Ltd. *
4,440
192,157
BRP, Inc.
12,313
760,818
CAE, Inc. *
34,739
896,075
Cameco Corp.
6,940
598,924
Canaccord Genuity Group, Inc.
20,042
205,874
Canada Goose Holdings, Inc. *
14,707
131,454
Canada Packers, Inc.
957
13,019
Canadian Apartment Properties REIT
26,539
656,163
Canadian Solar, Inc. *(a)
34,939
526,880
Canadian Utilities Ltd., Class A
29,041
1,154,306
Canfor Corp. *
52,465
561,757
Capstone Copper Corp. *
44,074
418,465
Cardinal Energy Ltd.
33,047
271,335
Cargojet, Inc.
4,811
289,961
Cascades, Inc.
47,243
453,945
Celestica, Inc. *
4,112
1,360,654
Centerra Gold, Inc.
51,199
880,191
CES Energy Solutions Corp.
43,492
506,944
Chartwell Retirement Residences
23,326
375,885
Chemtrade Logistics Income Fund
41,228
481,143
China Gold International Resources Corp.
Ltd.
21,400
483,131
Choice Properties Real Estate Investment
Trust
33,049
376,261
Cogeco Communications, Inc.
16,857
710,667
Colliers International Group, Inc.
5,043
495,864
Crombie Real Estate Investment Trust
23,751
295,987
Definity Financial Corp.
10,432
595,551
SECURITY
NUMBER
OF SHARES
VALUE ($)
Descartes Systems Group, Inc. *
4,209
316,099
DPM Metals, Inc.
17,760
624,327
Dream Industrial Real Estate Investment
Trust
28,011
287,533
Eldorado Gold Corp.
20,926
631,579
Enerflex Ltd.
26,452
589,101
Enghouse Systems Ltd.
5,281
64,720
EQB, Inc.
3,282
332,660
Equinox Gold Corp.
44,866
401,981
ERO Copper Corp. *
10,737
288,291
Exchange Income Corp.
8,522
763,232
First Capital Real Estate Investment Trust
29,783
487,159
First Majestic Silver Corp.
16,994
255,059
FirstService Corp.
4,328
609,659
Fortuna Mining Corp. *
43,087
362,990
GFL Environmental, Inc.
23,370
965,074
Gibson Energy, Inc.
53,606
1,227,105
goeasy Ltd.
7,042
239,213
Granite Real Estate Investment Trust
6,735
462,228
H&R Real Estate Investment Trust
78,913
620,338
Hudbay Minerals, Inc.
42,841
972,124
IAMGOLD Corp. *
39,447
558,283
IGM Financial, Inc.
15,311
951,961
International Petroleum Corp. *
15,003
342,523
Killam Apartment Real Estate Investment
Trust
15,276
202,576
Labrador Iron Ore Royalty Corp.
9,711
185,305
Lassonde Industries, Inc., Class A
654
101,320
Laurentian Bank of Canada
14,056
403,878
Leon's Furniture Ltd.
4,909
86,179
Lightspeed Commerce, Inc. *
13,528
136,453
Lundin Gold, Inc.
2,149
120,323
Major Drilling Group International, Inc. *
10,329
102,564
Maple Leaf Foods, Inc.
20,884
426,067
Mullen Group Ltd.
34,274
673,084
NFI Group, Inc. *
21,491
386,634
North West Co., Inc.
15,918
577,402
Northland Power, Inc.
78,862
1,227,499
OceanaGold Corp.
21,361
515,035
Onex Corp.
3,709
283,999
OR Royalties, Inc.
5,451
161,992
Pan American Silver Corp.
23,635
1,017,661
Paramount Resources Ltd., Class A
24,176
510,303
Parex Resources, Inc.
70,033
1,212,969
Pason Systems, Inc.
20,133
178,086
Peyto Exploration & Development Corp.
31,280
574,123
Precision Drilling Corp. *
6,590
512,401
Premium Brands Holdings Corp.
12,871
851,211
RB Global, Inc.
10,967
1,202,900
Richelieu Hardware Ltd.
11,911
301,290
RioCan Real Estate Investment Trust
63,302
1,001,561
Russel Metals, Inc.
25,598
1,228,178
Sagicor Financial Co. Ltd.
22,375
139,978
Secure Waste Infrastructure Corp.
71,914
1,239,392
Sienna Senior Living, Inc.
12,727
202,365
SmartCentres Real Estate Investment Trust
19,290
406,619
South Bow Corp.
19,074
707,256
Spartan Delta Corp. *
29,856
253,441
Spin Master Corp.
14,787
217,082
SSR Mining, Inc. *
35,431
905,837
Stantec, Inc.
11,650
822,153
Stella-Jones, Inc.
13,007
717,596
Superior Plus Corp.
97,037
552,381
Tamarack Valley Energy Ltd.
73,141
699,662
Teekay Tankers Ltd., Class A
6,781
538,208
TMX Group Ltd.
18,570
678,765
Torex Gold Resources, Inc.
15,844
609,754
TransAlta Corp.
62,078
777,608
Transcontinental, Inc., Class A
46,544
177,298
30
  

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Trican Well Service Ltd.
32,550
137,458
Vital Infrastructure Property Trust
48,400
192,999
Winpak Ltd.
7,068
221,693
 
63,625,002
 
China 1.2%
Alibaba Health Information Technology
Ltd. *
574,000
263,536
Bosideng International Holdings Ltd.
1,192,000
751,177
Budweiser Brewing Co. APAC Ltd.
503,600
421,872
China Medical System Holdings Ltd.
260,000
396,182
China Water Affairs Group Ltd.
240,000
142,961
Chow Tai Fook Jewellery Group Ltd.
389,800
613,920
Deep Source Holdings Ltd. *
990,000
65,814
FIH Mobile Ltd.
112,500
276,225
GCL Technology Holdings Ltd. *
8,483,000
659,852
Hopson Development Holdings Ltd. *(b)
728,600
183,952
JOYY, Inc., ADR
14,775
1,086,997
Lee & Man Paper Manufacturing Ltd.
620,000
317,414
Nine Dragons Paper Holdings Ltd. *
831,000
800,813
Sino Biopharmaceutical Ltd.
1,165,000
747,448
Towngas Smart Energy Co. Ltd. *(a)
249,000
111,137
VSTECS Holdings Ltd.
306,000
365,922
Want Want China Holdings Ltd.
690,000
297,383
Xinyi Glass Holdings Ltd.
675,000
801,527
 
8,304,132
 
Cyprus 0.1%
Frontline PLC
25,824
1,016,691
 
Denmark 1.4%
AL Sydbank
7,126
686,190
Alm Brand AS
168,965
443,918
Bavarian Nordic AS *
5,480
150,217
D/S Norden AS
15,056
784,012
Demant AS *
15,864
686,655
Dfds AS *
21,485
412,114
FLSmidth & Co. AS
8,756
657,076
GN Store Nord AS *
43,019
649,019
H Lundbeck AS
70,737
452,564
Jyske Bank AS
5,529
877,592
Matas AS (a)
4,710
65,634
Netcompany Group AS *(a)
4,993
249,190
NKT AS *
4,009
547,178
NTG Nordic Transport Group AS, Class A *
2,657
104,301
Per Aarsleff Holding AS
3,176
353,747
Ringkjoebing Landbobank AS
1,154
310,089
Rockwool AS, B Shares
13,208
422,009
Royal Unibrew AS
8,641
648,214
Scandinavian Tobacco Group AS, A Shares
28,937
321,223
Schouw & Co. AS
3,514
336,184
Tryg AS
44,555
1,060,302
 
10,217,428
 
Faeroe Islands 0.0%
Bakkafrost P
5,359
255,920
 
Finland 1.3%
Amer Sports, Inc. *
3,806
135,151
Hiab OYJ, B shares
5,436
369,416
Huhtamaki OYJ
31,764
1,132,801
Kalmar OYJ, B Shares
8,470
376,650
Kemira OYJ
33,316
653,922
Konecranes OYJ
27,413
855,169
SECURITY
NUMBER
OF SHARES
VALUE ($)
Lumo Kodit OYJ
18,615
169,106
Mandatum OYJ
57,508
393,998
Metsa Board OYJ, B Shares *(a)
90,349
306,331
Nokian Renkaat OYJ
67,232
1,183,145
Olvi OYJ, Class A
3,200
122,239
Orion OYJ, B Shares
12,004
1,122,220
Sanoma OYJ
15,693
160,237
Terveystalo OYJ
24,609
214,633
Tieto OYJ
48,549
1,039,154
Tokmanni Group Corp.
12,823
108,071
Valmet OYJ
39,478
1,190,374
YIT OYJ *
9,870
33,353
 
9,565,970
 
France 4.2%
Aeroports de Paris SA (a)
5,055
700,651
Air France-KLM *
64,178
896,378
Alten SA
12,410
1,079,213
Amundi SA
11,615
1,269,165
Atos Group *(a)
9,149
338,952
Beneteau SACA
8,322
57,868
BioMerieux
6,555
522,486
Bollore SE
88,873
396,897
Canal & SA
54,723
194,669
Carmila SA
13,600
265,567
Cie de L'Odet SE
145
225,966
Clariane SE *
135,508
624,959
Coface SA
26,852
490,103
Constellium SE, Class A *
52,829
1,467,590
Covivio SA
8,876
541,854
Dassault Aviation SA
936
323,341
Derichebourg SA
49,240
530,119
Edenred SE
44,541
1,466,502
Eramet SA *(a)
5,532
276,148
Eutelsat Communications SACA *(a)
69,938
165,429
FDJ UNITED (a)
22,981
581,465
Fnac Darty SA
12,143
483,929
Gaztransport Et Technigaz SA
2,080
470,120
Gecina SA
6,816
590,490
Getlink SE
28,777
613,892
ICADE
16,398
365,806
ID Logistics Group SACA *
514
214,111
Imerys SA
17,448
475,077
Ipsen SA
5,028
971,537
IPSOS SA
14,763
609,930
JCDecaux SE
25,399
665,381
Klepierre SA
27,315
1,240,675
Louis Hachette Group
45,240
91,931
Mercialys SA
14,893
206,447
Metropole Television SA
23,561
329,609
Nexans SA
6,938
1,056,805
Nexity SA *(a)
33,560
274,104
Opmobility
26,653
395,792
Pierre Et Vacances SA *
43,217
93,563
Remy Cointreau SA (a)
6,218
347,329
Sartorius Stedim Biotech
2,120
409,881
Societe BIC SA
7,036
551,662
Societe LDC SADIR
187
24,663
SOITEC *
5,775
703,544
Sopra Steria Group
6,148
1,304,987
SPIE SA
20,698
1,113,154
Stef SA
718
112,399
Television Francaise 1 SA
48,376
396,573
Trigano SA
2,407
420,452
Ubisoft Entertainment SA *(a)
41,379
273,750
Vallourec SACA *
46,124
1,112,099
Verallia SA
13,480
283,630
Vicat SACA
6,619
501,081
  
31

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Virbac SACA
624
242,990
Viridien *
1,901
204,414
Vivendi SE
164,260
303,139
 
29,870,268
 
Germany 3.5%
AIXTRON SE
10,803
455,683
Auto1 Group SE *
16,165
424,508
Bechtle AG
26,555
1,112,013
Bilfinger SE
5,461
522,268
CANCOM SE
10,159
280,913
Carl Zeiss Meditec AG, Bearer Shares
11,672
411,292
Cewe Stiftung & Co. KGaA
1,536
170,121
CTS Eventim AG & Co. KGaA
3,226
217,661
Delivery Hero SE *
16,770
731,051
Deutsche Pfandbriefbank AG *(a)
38,671
152,772
Deutz AG (a)
44,899
512,302
Duerr AG
17,383
358,921
DWS Group GmbH & Co. KGaA
5,541
467,375
Fielmann Group AG
3,935
184,438
Fraport AG Frankfurt Airport Services
Worldwide
3,997
312,254
Freenet AG
17,229
484,153
Gerresheimer AG *
7,458
237,237
Grenke AG
4,605
62,558
Hella GmbH & Co. KGaA
1,558
127,219
HelloFresh SE *
128,506
506,251
Hensoldt AG
2,536
232,954
HOCHTIEF AG
871
446,409
Hornbach Holding AG & Co. KGaA
3,823
368,286
HUGO BOSS AG (a)
14,837
651,551
Indus Holding AG
1,498
54,919
Jenoptik AG
11,908
515,927
JOST Werke SE
4,381
293,041
Kloeckner & Co. SE
92,179
1,313,821
Knorr-Bremse AG
9,421
1,120,493
Krones AG
3,104
400,031
LEG Immobilien SE
10,223
613,774
Mutares SE & Co. KGaA
3,535
108,883
Nemetschek SE
2,585
174,241
Nordex SE *
6,274
280,320
Rational AG
464
361,250
RENK Group AG
2,052
113,879
SAF-Holland SE
14,801
370,011
Salzgitter AG
21,495
1,287,783
Schaeffler AG
41,543
342,426
Scout24 SE
5,217
447,272
Siltronic AG *
6,091
538,348
Sixt SE
3,819
316,136
SMA Solar Technology AG *(a)
2,074
127,253
Stabilus SE
8,265
137,497
Stroeer SE & Co. KGaA
8,344
381,944
Suedzucker AG *
33,531
438,094
TAG Immobilien AG
23,596
377,049
Talanx AG
8,057
1,070,893
TeamViewer SE *
35,721
249,442
Traton SE (a)
27,755
1,304,800
TUI AG
87,814
764,798
United Internet AG
28,388
775,507
Wacker Chemie AG *
10,334
1,058,452
Wacker Neuson SE
9,167
231,555
Wuestenrot & Wuerttembergische AG
8,949
150,804
 
25,150,833
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Guernsey 0.0%
Burford Capital Ltd.
37,203
151,317
Sirius Real Estate Ltd.
90,650
120,891
 
272,208
 
Hong Kong 2.2%
ASMPT Ltd.
64,300
1,233,889
Bank of East Asia Ltd.
165,200
350,931
Brightoil Petroleum Holdings Ltd. *(b)
1,150,000
0
Cathay Pacific Airways Ltd.
329,363
612,736
CK Infrastructure Holdings Ltd.
29,000
231,320
Crystal International Group Ltd.
230,000
189,621
CTF Services Ltd.
180,633
188,849
Dah Sing Financial Holdings Ltd.
34,400
218,536
DFI Retail Group Holdings Ltd.
84,600
334,487
Fortune Real Estate Investment Trust
218,000
134,250
Futu Holdings Ltd., ADR
3,289
345,740
Galaxy Entertainment Group Ltd.
178,000
776,257
Grand Pharmaceutical Group Ltd.
253,000
166,528
Hang Lung Group Ltd.
159,000
279,856
Hang Lung Properties Ltd.
333,614
310,045
Henderson Land Development Co. Ltd.
209,000
757,702
HK Electric Investments & HK Electric
Investments Ltd.
288,500
237,599
HKBN Ltd.
291,000
224,491
Hongkong Land Holdings Ltd.
139,100
1,127,925
Hysan Development Co. Ltd.
113,000
268,705
Johnson Electric Holdings Ltd.
125,000
296,525
Kerry Properties Ltd.
161,000
401,711
Kingboard Laminates Holdings Ltd.
219,500
817,715
Luk Fook Holdings International Ltd.
112,000
351,082
Man Wah Holdings Ltd.
414,400
166,427
Melco Resorts & Entertainment Ltd., ADR *
48,635
278,679
MTR Corp. Ltd.
235,500
993,614
PAX Global Technology Ltd.
161,000
80,886
PCCW Ltd.
817,000
612,371
Sino Land Co. Ltd.
395,086
538,123
Skyworth Group Ltd. *
522,000
290,683
Stella International Holdings Ltd.
130,000
241,596
Swire Properties Ltd.
127,600
388,615
United Laboratories International Holdings
Ltd.
280,000
318,595
Vitasoy International Holdings Ltd.
140,000
115,599
VTech Holdings Ltd.
56,300
371,168
Wharf Holdings Ltd.
134,000
335,488
Wharf Real Estate Investment Co. Ltd.
296,000
1,001,068
 
15,589,412
 
Indonesia 0.1%
First Pacific Co. Ltd.
600,000
428,263
 
Iraq 0.0%
United Energy Group Ltd. *
2,332,000
107,548
 
Ireland 0.4%
Cairn Homes PLC
112,258
315,452
Cimpress PLC *
2,068
204,111
Glanbia PLC
31,336
831,917
Glenveagh Properties PLC *
113,067
312,544
Grafton Group PLC, CDI
57,662
754,500
Greencore Group PLC
150,615
528,590
Uniphar PLC
13,868
67,910
 
3,015,024
 
32
  

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Isle Of Man 0.0%
Playtech PLC *
52,743
269,126
 
Israel 2.0%
Alony Hetz Properties & Investments Ltd.
22,136
229,884
Azrieli Group Ltd.
1,460
192,737
Bezeq The Israeli Telecommunication Corp.
Ltd.
384,277
920,739
Cellcom Israel Ltd.
18,300
197,455
Clal Insurance Enterprises Holdings Ltd.
5,150
389,740
Delek Automotive Systems Ltd. *
10,484
58,055
Delek Group Ltd.
24,908
657,574
Delek Yizum Nechasim Ltd. *
2,490
54,948
Delta Galil Ltd.
2,426
140,249
Elbit Systems Ltd.
1,150
929,008
Elco Ltd.
2,488
120,267
Electra Ltd.
4,741
184,583
Equital Ltd. *
3,403
127,596
Fattal Holdings 1998 Ltd. *
852
188,692
FIBI Holdings Ltd.
3,156
309,761
First International Bank of Israel Ltd.
6,258
483,265
Formula Systems 1985 Ltd.
1,718
181,170
Fox Wizel Ltd.
573
56,672
Harel Insurance Investments & Financial
Services Ltd.
7,812
447,843
Inmode Ltd. *
20,241
306,449
Isracard Ltd. *
27,099
94,730
Israel Corp. Ltd.
19,610
512,809
Migdal Insurance & Financial Holdings Ltd. *
25,122
142,699
Mivne Real Estate KD Ltd.
38,474
169,778
Neto Malinda Trading Ltd.
889
41,002
Nice Ltd. *
3,317
323,202
Nice Ltd. ADR *
7,618
752,582
Nova Ltd. *
602
235,304
Partner Communications Co. Ltd.
21,031
258,620
Paz Retail & Energy Ltd.
1,100
310,586
Phoenix Financial Ltd.
16,225
909,727
Plus500 Ltd.
16,317
859,858
Rami Levy Chain Stores Hashikma
Marketing 2006 Ltd.
1,561
175,606
Shikun & Binui Ltd. *
32,895
188,267
Shufersal Ltd.
31,788
454,716
Strauss Group Ltd.
7,901
299,223
Taboola.com Ltd. *
56,611
283,621
Tower Semiconductor Ltd. *
8,200
1,796,343
Wix.com Ltd. *
2,883
158,651
 
14,144,011
 
Italy 2.4%
ACEA SpA
12,287
298,566
Amplifon SpA
30,130
421,796
Azimut Holding SpA
23,558
1,000,625
Banca Generali SpA
7,395
558,671
Banca Mediolanum SpA
41,251
1,105,318
Banca Monte dei Paschi di Siena SpA
55,412
742,154
BFF Bank SpA *(a)
77,678
262,374
Buzzi SpA
17,118
811,998
CIR SpA-Compagnie Industriali *
17,716
14,689
Danieli & C Officine Meccaniche SpA
1,949
146,353
De' Longhi SpA
13,493
633,352
DiaSorin SpA (a)
4,259
352,582
Enav SpA
44,740
261,283
ERG SpA
10,661
270,628
FinecoBank Banca Fineco SpA
41,570
1,138,887
Hera SpA
109,062
476,077
Infrastrutture Wireless Italiane SpA (a)
30,999
229,996
SECURITY
NUMBER
OF SHARES
VALUE ($)
Interpump Group SpA
13,585
546,894
Iren SpA
181,104
526,686
Italgas SpA
89,727
925,631
Lottomatica Group SpA
14,313
386,940
Nexi SpA (a)
188,045
921,587
OVS SpA
48,755
352,448
Piaggio & C SpA (a)
42,839
96,084
Pirelli & C SpA
118,414
902,032
PRADA SpA
92,600
508,615
Recordati Industria Chimica e Farmaceutica
SpA
11,524
686,473
Reply SpA
3,411
432,862
Saipem SpA
225,432
1,093,671
Salvatore Ferragamo SpA *
24,892
292,564
Sesa SpA
1,898
202,731
SOL SpA
3,788
248,547
Technogym SpA
10,488
164,090
Webuild SpA (a)
54,939
142,624
 
17,155,828
 
Japan 30.2%
& ST HD Co. Ltd.
13,580
288,491
77 Bank Ltd.
21,700
470,162
ABC-Mart, Inc.
26,500
453,534
Acom Co. Ltd.
89,100
265,254
Activia Properties, Inc.
252
225,709
ADEKA Corp.
29,000
707,809
Advance Residence Investment Corp.
299
277,422
AEON Financial Service Co. Ltd.
36,700
360,839
AEON REIT Investment Corp.
286
218,613
Aica Kogyo Co. Ltd.
16,600
382,734
Aichi Steel Corp.
15,000
275,207
Ain Holdings, Inc.
10,000
369,153
Aisan Industry Co. Ltd.
12,800
190,997
ALSOK Co. Ltd.
86,700
637,289
Amano Corp.
15,400
373,048
Anritsu Corp.
28,500
622,874
AOKI Holdings, Inc.
11,400
123,171
Aoyama Trading Co. Ltd.
51,500
242,138
Aozora Bank Ltd.
20,200
383,309
Arata Corp.
19,200
314,258
ARCHION Corp. *(a)
211,900
355,597
ARCLANDS Corp.
21,500
258,225
Arcs Co. Ltd.
22,400
508,947
ARE Holdings, Inc.
24,300
467,587
Artience Co. Ltd.
12,700
351,851
As One Corp.
10,660
160,625
Asahi Intecc Co. Ltd.
17,100
385,796
Asics Corp.
37,500
1,105,666
ASKUL Corp.
10,000
79,092
Autobacs Seven Co. Ltd.
26,400
257,356
Azbil Corp.
81,500
843,934
BayCurrent, Inc.
9,900
446,531
Belc Co. Ltd.
3,900
163,251
Bic Camera, Inc.
38,400
420,060
BIPROGY, Inc.
20,800
638,298
Blue Zones Holdings Co. Ltd.
25,860
290,692
BML, Inc.
8,200
183,919
Bunka Shutter Co. Ltd.
13,500
160,474
Calbee, Inc.
24,300
443,526
Canon Marketing Japan, Inc.
31,400
705,585
Capcom Co. Ltd.
21,200
532,552
Casio Computer Co. Ltd.
80,300
882,372
CCI Group, Inc.
38,900
267,226
Chiba Bank Ltd.
65,500
1,064,706
Chudenko Corp.
7,600
234,086
Chugin Financial Group, Inc.
17,500
360,594
Chugoku Marine Paints Ltd.
7,500
167,267
  
33

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Citizen Watch Co. Ltd.
74,000
979,638
CKD Corp.
14,700
536,445
Coca-Cola Bottlers Japan Holdings, Inc.
25,600
615,192
Colowide Co. Ltd.
16,400
212,090
Cosmos Pharmaceutical Corp.
17,840
719,576
Create SD Holdings Co. Ltd.
9,800
205,110
Credit Saison Co. Ltd.
30,500
863,980
CyberAgent, Inc.
108,300
989,461
Daicel Corp.
89,300
805,764
Dai-Dan Co. Ltd.
16,900
254,830
Daido Steel Co. Ltd.
81,700
1,148,341
Daihen Corp.
4,300
359,785
Daiichi Jitsugyo Co. Ltd.
800
15,877
Daiichikosho Co. Ltd.
20,400
232,137
Daio Paper Corp.
53,500
332,973
Daiseki Co. Ltd.
9,560
227,325
Daishi Hokuetsu Financial Group, Inc.
28,300
406,526
Daiwa House REIT Investment Corp.
556
430,485
Daiwa Office Investment Corp.
82
175,371
Daiwa Securities Living Investments Corp.
279
170,061
DCM Holdings Co. Ltd.
40,000
385,270
DeNA Co. Ltd.
15,086
234,428
Denka Co. Ltd.
54,900
1,162,996
Dexerials Corp.
24,600
496,572
DMG Mori Co. Ltd.
36,700
839,692
Doshisha Co. Ltd.
2,800
52,276
Doutor Nichires Holdings Co. Ltd.
11,000
220,676
DTS Corp.
26,400
192,000
Duskin Co. Ltd.
10,300
287,610
DyDo Group Holdings, Inc.
4,900
92,700
Eagle Industry Co. Ltd.
8,500
158,346
Earth Corp.
5,200
154,590
EDION Corp.
45,500
691,464
Elecom Co. Ltd.
11,927
138,781
Exedy Corp.
12,000
452,174
Ezaki Glico Co. Ltd.
15,600
495,537
FCC Co. Ltd.
11,700
271,920
Ferrotec Corp.
11,900
600,226
Food & Life Cos. Ltd.
14,500
506,245
FP Corp.
14,960
237,303
Fuji Co. Ltd.
14,600
186,001
Fuji Corp.
21,038
939,900
Fuji Media Holdings, Inc.
19,800
494,983
Fuji Oil Co. Ltd.
20,500
510,744
Fuji Seal International, Inc.
12,600
237,376
Fukuda Denshi Co. Ltd.
4,500
319,505
Fukuoka Financial Group, Inc.
22,100
1,010,196
Fukuyama Transporting Co. Ltd.
11,999
447,224
Furukawa Co. Ltd.
9,800
214,759
Furuno Electric Co. Ltd.
2,400
108,057
Fuyo General Lease Co. Ltd.
17,135
486,444
Glory Ltd.
14,900
423,584
GLP J-Reit
467
424,387
GMO internet group, Inc.
11,200
299,003
Goldwin, Inc.
20,300
291,589
GS Yuasa Corp.
36,500
1,229,207
GungHo Online Entertainment, Inc.
14,950
227,677
Gunma Bank Ltd.
34,200
537,465
Gunze Ltd.
7,200
181,163
H.U. Group Holdings, Inc.
21,400
457,336
H2O Retailing Corp.
36,300
649,404
Hachijuni Nagano Bank Ltd.
34,300
532,954
Hakuhodo DY Holdings, Inc.
86,500
705,964
Hamakyorex Co. Ltd.
15,500
177,817
Hamamatsu Photonics KK
75,000
1,067,781
Happinet Corp.
12,000
248,403
Hazama Ando Corp.
48,100
548,017
Heiwa Corp.
17,600
235,729
Heiwado Co. Ltd.
17,400
291,230
SECURITY
NUMBER
OF SHARES
VALUE ($)
Hikari Tsushin, Inc.
3,250
794,679
HI-LEX Corp.
2,400
34,135
Hirogin Holdings, Inc.
36,600
500,917
Hirose Electric Co. Ltd.
6,039
1,017,624
Hokkaido Electric Power Co., Inc. (a)
162,700
1,037,714
Hokuetsu Corp.
38,400
219,762
Hokuhoku Financial Group, Inc.
12,500
578,360
Hokuriku Electric Power Co.
83,300
498,506
Horiba Ltd.
7,600
1,192,830
Hoshizaki Corp.
20,900
745,367
Hosiden Corp.
21,000
372,878
House Foods Group, Inc.
19,100
464,940
Hulic Co. Ltd.
98,900
1,087,380
Hyakugo Bank Ltd.
27,600
345,022
Ibiden Co. Ltd.
26,200
2,621,123
IDOM, Inc.
42,100
338,421
Iino Kaiun Kaisha Ltd.
22,700
210,496
Inaba Denki Sangyo Co. Ltd.
27,500
490,432
Inabata & Co. Ltd.
21,900
541,601
Industrial & Infrastructure Fund Investment
Corp.
285
252,172
INFRONEER Holdings, Inc.
82,100
1,328,261
Internet Initiative Japan, Inc.
27,900
612,459
Invincible Investment Corp.
515
197,361
Isetan Mitsukoshi Holdings Ltd.
31,600
705,291
Ishihara Sangyo Kaisha Ltd.
6,100
112,253
Ito En Ltd.
27,200
508,896
Itochu Enex Co. Ltd.
21,800
295,696
Itoham Yonekyu Holdings, Inc.
16,600
510,881
Itoki Corp.
4,500
82,444
Iyogin Holdings, Inc.
22,100
497,238
Izumi Co. Ltd.
74,200
465,934
J Front Retailing Co. Ltd.
56,400
1,049,477
Jaccs Co. Ltd.
8,100
189,941
JAFCO Group Co. Ltd.
17,500
245,566
Japan Airport Terminal Co. Ltd.
5,800
205,178
Japan Aviation Electronics Industry Ltd.
21,700
320,186
Japan Excellent, Inc.
192
173,590
Japan Exchange Group, Inc.
84,500
1,149,462
Japan Hotel REIT Investment Corp.
310
157,965
Japan Lifeline Co. Ltd.
9,300
91,585
Japan Logistics Fund, Inc.
285
176,729
Japan Metropolitan Fund Invest
887
655,197
Japan Petroleum Exploration Co. Ltd.
61,600
685,420
Japan Prime Realty Investment Corp.
406
249,473
Japan Pulp & Paper Co. Ltd.
9,600
66,906
Japan Real Estate Investment Corp.
829
634,392
Japan Steel Works Ltd.
7,900
366,029
Japan Wool Textile Co. Ltd.
14,700
175,308
Jeol Ltd.
11,000
558,435
JGC Holdings Corp.
76,500
1,069,942
Joyful Honda Co. Ltd.
15,800
247,396
Juroku Financial Group, Inc.
25,700
377,203
JVCKenwood Corp.
55,700
391,503
Kadokawa Corp.
18,700
409,200
Kaga Electronics Co. Ltd.
17,100
496,634
Kagome Co. Ltd.
20,100
329,226
Kakaku.com, Inc.
16,800
390,253
Kaken Pharmaceutical Co. Ltd.
8,982
213,717
Kamigumi Co. Ltd.
19,200
623,507
Kanadevia Corp.
72,200
531,115
Kanamoto Co. Ltd.
12,800
417,009
Kandenko Co. Ltd.
20,000
665,241
Kanematsu Corp.
60,700
792,324
Kansai Paint Co. Ltd.
57,560
1,018,902
Katitas Co. Ltd.
10,161
215,290
Kato Sangyo Co. Ltd.
10,900
435,232
KDX Realty Investment Corp.
303
296,138
Keihan Holdings Co. Ltd.
18,100
370,958
34
  

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Keikyu Corp.
40,500
395,348
Keio Corp.
118,600
602,543
Keisei Electric Railway Co. Ltd.
76,400
614,015
Kewpie Corp.
28,800
824,150
KH Neochem Co. Ltd.
6,900
141,976
Kinden Corp.
21,700
954,982
Kitz Corp.
24,000
325,835
Kiyo Bank Ltd.
7,800
226,852
Kobayashi Pharmaceutical Co. Ltd.
11,600
407,235
Kobe Bussan Co. Ltd.
21,400
374,150
Koei Tecmo Holdings Co. Ltd.
20,160
204,108
Kohnan Shoji Co. Ltd.
10,200
268,464
Kokusai Electric Corp.
16,600
747,244
Kokuyo Co. Ltd.
74,500
424,176
Komeri Co. Ltd.
12,700
307,287
Konami Group Corp.
7,800
1,004,792
Konoike Transport Co. Ltd.
9,000
168,305
Kose Holdings Corp.
14,100
501,827
Kraftia Corp.
12,900
678,382
Kumagai Gumi Co. Ltd.
56,500
503,169
Kumiai Chemical Industry Co. Ltd.
19,700
90,438
Kurabo Industries Ltd.
4,000
246,681
Kureha Corp.
17,100
457,392
Kurita Water Industries Ltd.
23,700
1,273,575
Kusuri No. Aoki Holdings Co. Ltd.
10,500
265,297
KYB Corp.
12,900
361,952
Kyokuto Kaihatsu Kogyo Co. Ltd.
11,400
167,483
Kyoritsu Maintenance Co. Ltd.
11,800
256,442
Kyoto Financial Group, Inc.
17,300
476,857
Kyowa Kirin Co. Ltd.
53,800
863,626
Kyushu Financial Group, Inc.
51,000
468,782
Kyushu Railway Co.
32,900
742,413
Lasertec Corp.
2,200
505,411
Leopalace21 Corp.
62,900
266,114
Life Corp.
20,100
325,510
Lintec Corp.
15,400
590,364
Lion Corp.
70,600
756,840
M3, Inc.
56,200
629,619
Mabuchi Motor Co. Ltd.
52,600
544,872
Macnica Holdings, Inc.
50,100
1,014,256
Makino Milling Machine Co. Ltd.
5,550
482,136
Marui Group Co. Ltd.
29,500
550,211
Maruichi Steel Tube Ltd.
48,400
540,505
Maruwa Co. Ltd.
600
203,163
Maruzen Showa Unyu Co. Ltd.
3,700
177,558
Matsuda Sangyo Co. Ltd.
4,200
141,211
Max Co. Ltd.
19,800
226,990
McDonald's Holdings Co. Japan Ltd.
17,300
878,564
Mebuki Financial Group, Inc.
97,676
905,065
Megmilk Snow Brand Co. Ltd.
25,800
608,192
Meidensha Corp.
9,100
536,528
Meiko Electronics Co. Ltd.
2,600
326,585
MEITEC Group Holdings, Inc.
16,900
353,754
Menicon Co. Ltd.
20,000
217,384
Milbon Co. Ltd.
4,800
83,716
Mirait One Corp.
27,700
611,889
Mitsubishi Logistics Corp.
69,900
700,855
Mitsubishi Pencil Co. Ltd.
9,000
156,106
Mitsuboshi Belting Ltd.
6,400
163,442
Mitsui E&S Co. Ltd.
12,500
376,992
Mitsui Fudosan Accommodations Fund, Inc.
256
197,235
Mitsui Fudosan Retail Fund Investment
Corp.
286
147,159
Mitsui High-Tec, Inc.
40,850
228,286
Mitsui-Soko Holdings Co. Ltd.
14,700
331,796
Mitsuuroko Group Holdings Co. Ltd.
10,800
142,644
Miura Co. Ltd.
21,100
423,063
MIXI, Inc.
14,600
265,644
Mizuho Leasing Co. Ltd.
30,900
264,172
SECURITY
NUMBER
OF SHARES
VALUE ($)
Mizuno Corp.
15,700
362,055
Mochida Pharmaceutical Co. Ltd.
6,700
130,695
Modec, Inc.
3,300
213,136
MonotaRO Co. Ltd.
25,400
320,528
Morinaga & Co. Ltd.
21,500
356,881
Morinaga Milk Industry Co. Ltd.
119,600
895,280
Morita Holdings Corp.
8,600
135,343
Musashi Seimitsu Industry Co. Ltd.
18,600
367,544
Nabtesco Corp.
32,000
919,774
Nachi-Fujikoshi Corp.
4,000
135,273
Nagoya Railroad Co. Ltd.
64,400
765,539
Nakanishi, Inc.
11,500
218,543
NANKAI Co. Ltd.
23,700
443,704
Nexon Co. Ltd.
46,422
727,546
Nextage Co. Ltd.
14,100
293,816
NHK Spring Co. Ltd.
55,800
1,237,061
Nichias Corp.
43,000
891,229
Nichicon Corp.
24,600
437,162
Nichiha Corp.
8,600
165,462
Nifco, Inc.
21,400
692,767
Nihon Kohden Corp.
47,300
470,945
Nihon M&A Center Holdings, Inc.
54,900
219,220
Nihon Parkerizing Co. Ltd.
20,800
215,361
Nikkiso Co. Ltd.
8,300
191,893
Nikkon Holdings Co. Ltd.
18,900
596,540
Nippn Corp.
25,900
456,446
Nippon Building Fund, Inc.
892
752,408
Nippon Densetsu Kogyo Co. Ltd.
10,800
270,198
Nippon Electric Glass Co. Ltd.
24,700
813,684
Nippon Gas Co. Ltd.
19,800
352,782
Nippon Kayaku Co. Ltd.
44,400
533,560
Nippon Light Metal Holdings Co. Ltd.
39,600
666,156
Nippon Paint Holdings Co. Ltd.
177,900
1,342,422
Nippon Prologis REIT, Inc.
712
404,634
Nippon Seiki Co. Ltd.
7,600
115,082
Nippon Shinyaku Co. Ltd.
22,100
470,083
Nippon Shokubai Co. Ltd.
53,484
719,473
Nippon Soda Co. Ltd.
11,400
272,197
Nippon Television Holdings, Inc.
27,700
505,812
Nipro Corp.
52,700
537,623
Nishimatsu Construction Co. Ltd.
10,000
331,387
Nishimatsuya Chain Co. Ltd.
16,300
204,123
Nishi-Nippon Financial Holdings, Inc.
15,200
401,703
Nishi-Nippon Railroad Co. Ltd.
22,700
444,038
Nissan Chemical Corp.
26,700
1,241,086
Nisshin Oillio Group Ltd.
31,600
377,260
Nisshinbo Holdings, Inc.
74,600
1,002,282
Nittetsu Mining Co. Ltd.
8,000
149,873
Nitto Boseki Co. Ltd.
12,200
209,538
Nitto Kogyo Corp.
7,500
202,298
NOF Corp.
37,800
656,790
Nojima Corp.
51,800
424,109
NOK Corp.
35,200
665,187
Nomura Co. Ltd.
23,800
174,138
Nomura Real Estate Holdings, Inc.
142,400
818,298
Nomura Real Estate Master Fund, Inc.
553
528,912
Noritake Co. Ltd.
13,700
287,686
Noritz Corp.
3,400
50,586
North Pacific Bank Ltd.
46,200
331,230
NPR-RIKEN Corp.
2,100
53,128
NS Solutions Corp.
13,300
328,044
NS United Kaiun Kaisha Ltd.
1,600
80,261
NSD Co. Ltd.
11,600
207,241
NTN Corp.
280,103
677,190
NTT UD REIT Investment Corp.
186
160,128
Obic Co. Ltd.
18,600
533,514
Odakyu Electric Railway Co. Ltd.
66,000
730,489
Okamura Corp.
19,500
284,665
Oki Electric Industry Co. Ltd.
16,800
283,772
  
35

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
OKUMA Corp.
18,200
555,864
Okumura Corp.
9,800
353,617
Onward Holdings Co. Ltd.
20,800
99,385
Open House Group Co. Ltd.
17,200
913,967
Open Up Group, Inc.
14,200
179,209
Oracle Corp. Japan
5,800
325,865
Organo Corp.
2,100
188,940
Oriental Land Co. Ltd.
61,800
1,233,507
Orix JREIT, Inc.
637
412,202
Osaka Soda Co. Ltd.
18,200
199,283
OSG Corp.
23,800
542,988
Park24 Co. Ltd.
34,900
431,965
Penta-Ocean Construction Co. Ltd.
72,500
674,825
Pigeon Corp.
39,500
500,644
Pilot Corp.
26,100
296,458
Pola Orbis Holdings, Inc.
33,800
284,416
Prima Meat Packers Ltd.
14,800
230,297
Raito Kogyo Co. Ltd.
11,900
280,363
Raiznext Corp.
2,900
52,533
Rakuten Group, Inc. *
41,383
215,777
Relo Group, Inc.
20,400
257,385
Resorttrust, Inc.
25,176
282,376
Ricoh Leasing Co. Ltd.
3,600
151,312
Rinnai Corp.
24,400
545,640
Rohto Pharmaceutical Co. Ltd.
37,400
560,110
Round One Corp.
32,800
249,233
Ryoyo Ryosan Holdings, Inc.
6,300
115,100
S&B Foods, Inc.
1,100
45,353
Saizeriya Co. Ltd.
6,600
327,477
Sakata INX Corp.
16,200
252,691
Sakata Seed Corp.
7,700
207,690
San-A Co. Ltd.
15,200
310,964
San-Ai Obbli Co. Ltd.
29,300
426,142
Sangetsu Corp.
12,400
240,219
San-In Godo Bank Ltd.
24,400
353,633
Sanken Electric Co. Ltd. *
5,200
265,807
Sanki Engineering Co. Ltd.
29,000
412,515
Sankyo Co. Ltd.
35,500
411,970
Sankyu, Inc.
5,200
307,594
Sanrio Co. Ltd.
21,600
172,754
Santen Pharmaceutical Co. Ltd.
77,200
911,439
Sanyo Chemical Industries Ltd.
2,400
72,643
Sanyo Denki Co. Ltd.
6,300
213,270
Sapporo Breweries Ltd.
53,400
674,265
Sawai Group Holdings Co. Ltd.
27,900
288,187
SBI Holdings, Inc.
12,800
241,642
SBS Holdings, Inc.
1,900
52,946
SCREEN Holdings Co. Ltd.
11,900
907,787
Sega Sammy Holdings, Inc.
44,300
765,289
Seibu Holdings, Inc.
25,355
567,822
Seiko Group Corp.
12,300
601,385
Seino Holdings Co. Ltd.
47,500
784,322
Seiren Co. Ltd.
12,200
241,314
Sekisui House Reit, Inc.
516
245,410
Senko Group Holdings Co. Ltd.
38,100
526,642
Seria Co. Ltd.
18,600
450,665
Seven Bank Ltd.
159,800
319,015
Sharp Corp. *
149,400
577,142
Shibuya Corp.
5,500
149,909
Shiga Bank Ltd.
19,700
292,716
Shikoku Electric Power Co., Inc.
63,200
655,841
Shinmaywa Industries Ltd.
20,100
246,217
Ship Healthcare Holdings, Inc.
24,000
384,479
Shizuoka Financial Group, Inc.
49,600
978,361
SHO-BOND Holdings Co. Ltd.
37,800
312,858
Showa Sangyo Co. Ltd.
2,900
64,453
SKY Perfect JSAT Corp.
21,300
277,441
Skylark Holdings Co. Ltd.
35,200
693,663
Socionext, Inc.
37,900
444,985
SECURITY
NUMBER
OF SHARES
VALUE ($)
Sony Financial Group, Inc.
620,600
601,664
Sotetsu Holdings, Inc.
18,400
304,023
Square Enix Holdings Co. Ltd.
53,300
926,104
Stanley Electric Co. Ltd.
17,500
381,337
Starts Corp., Inc.
7,500
222,395
Sugi Holdings Co. Ltd.
34,500
612,025
Sumitomo Bakelite Co. Ltd.
20,400
816,851
Sumitomo Osaka Cement Co. Ltd.
15,500
523,991
Sumitomo Pharma Co. Ltd. *
24,131
188,056
Sumitomo Warehouse Co. Ltd.
12,400
315,451
Sundrug Co. Ltd.
26,000
617,705
Suruga Bank Ltd.
16,700
270,447
SWCC Corp.
4,500
310,195
T Hasegawa Co. Ltd.
7,300
148,228
Tadano Ltd.
41,500
344,881
Taihei Dengyo Kaisha Ltd.
13,100
196,557
Taikisha Ltd.
12,200
319,698
Taiyo Holdings Co. Ltd.
8,400
247,781
Taiyo Yuden Co. Ltd.
18,700
1,156,429
Takamatsu Construction Group Co. Ltd.
1,500
34,955
Takara Holdings, Inc.
50,563
659,642
Takara Standard Co. Ltd.
14,200
267,418
Takasago International Corp.
19,600
147,707
Takasago Thermal Engineering Co. Ltd.
16,600
439,605
Takashimaya Co. Ltd.
85,600
1,223,725
Takeuchi Manufacturing Co. Ltd.
8,700
402,865
Takuma Co. Ltd.
14,200
299,567
TBS Holdings, Inc.
13,600
511,877
THK Co. Ltd.
28,900
1,189,220
TKC Corp.
6,300
152,891
Toa Corp.
14,900
186,917
Toagosei Co. Ltd.
31,300
349,891
Tocalo Co. Ltd.
11,600
208,058
Toda Corp.
59,800
555,150
Toei Co. Ltd.
4,500
171,081
Toenec Corp.
7,100
90,421
Toho Co. Ltd.
61,000
583,527
Toho Holdings Co. Ltd.
17,400
438,798
Tokai Carbon Co. Ltd.
108,600
1,035,710
TOKAI Holdings Corp.
38,400
279,503
Tokai Rika Co. Ltd.
22,269
439,134
Token Corp.
2,850
238,860
Tokuyama Corp.
33,800
792,831
Tokyo Century Corp.
47,600
777,837
Tokyo Kiraboshi Financial Group, Inc.
31,000
325,910
Tokyo Metro Co. Ltd.
49,800
456,199
Tokyo Ohka Kogyo Co. Ltd.
11,300
611,984
Tokyo Seimitsu Co. Ltd.
6,100
635,182
Tokyo Steel Manufacturing Co. Ltd.
37,300
413,937
Tokyo Tatemono Co. Ltd.
41,300
871,482
Tokyu Construction Co. Ltd.
9,500
68,993
Tomy Co. Ltd.
23,100
525,477
Topre Corp.
19,600
343,336
Toshiba TEC Corp.
10,800
211,932
Totetsu Kogyo Co. Ltd.
6,200
161,530
Towa Pharmaceutical Co. Ltd.
8,000
200,110
Toyo Tire Corp.
40,900
1,084,848
Toyobo Co. Ltd.
13,500
126,993
Toyoda Gosei Co. Ltd.
20,600
711,183
Transcosmos, Inc.
9,000
214,081
Trend Micro, Inc.
25,900
1,043,559
Trusco Nakayama Corp.
16,400
247,282
TS Tech Co. Ltd.
37,500
430,156
TSI Holdings Co. Ltd.
18,100
139,512
Tsubakimoto Chain Co.
24,200
388,287
Tsugami Corp.
4,900
179,813
Tsumura & Co.
17,890
428,129
Tsuruha Holdings, Inc.
34,700
528,662
TV Asahi Holdings Corp.
14,890
291,892
36
  

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Tv Tokyo Holdings Corp.
4,800
103,607
UACJ Corp.
59,620
870,234
Ulvac, Inc.
12,900
680,368
Umios Corp.
74,600
611,313
United Super Markets Holdings, Inc.
54,412
280,729
United Urban Investment Corp.
380
388,325
Ushio, Inc.
22,600
524,481
USS Co. Ltd.
48,046
606,767
UT Group Co. Ltd.
178,300
205,340
Valor Holdings Co. Ltd.
23,400
477,623
Wacoal Holdings Corp.
9,500
261,965
Wacom Co. Ltd.
32,800
158,212
Wakita & Co. Ltd.
7,100
85,305
World Co. Ltd.
10,100
101,583
YAMABIKO Corp.
12,500
300,955
Yamaguchi Financial Group, Inc.
21,400
395,712
Yamato Kogyo Co. Ltd.
6,300
530,360
Yamazen Corp.
27,000
299,115
Yellow Hat Ltd.
18,600
210,611
Yodoko Ltd.
29,800
258,079
Yokogawa Bridge Holdings Corp.
10,900
201,669
Yokohama Financial Group, Inc.
111,100
1,264,629
Yoshinoya Holdings Co. Ltd.
17,300
417,862
Yuasa Co. Ltd.
7,600
275,674
Yurtec Corp.
11,700
174,259
Zenkoku Hosho Co. Ltd.
17,100
336,400
Zensho Holdings Co. Ltd.
10,700
668,124
Zeon Corp.
53,900
755,867
ZOZO, Inc.
53,100
381,467
 
215,788,912
 
Jersey 0.4%
CVC Capital Partners PLC
12,559
210,867
International Workplace Group PLC
118,280
315,452
Man Group PLC
327,127
1,339,439
TP ICAP Group PLC
179,386
828,515
 
2,694,273
 
Luxembourg 0.5%
Allegro.eu SA *
43,260
521,117
Aroundtown SA *
184,923
465,153
Befesa SA
10,097
407,177
Criteo SA *
24,844
542,096
InPost SA *
19,372
345,511
RTL Group SA
17,611
659,298
Samsonite Group SA
250,457
450,713
Spotify Technology SA *
526
262,968
Zabka Group SA
26,451
225,436
 
3,879,469
 
Macau 0.0%
Sands China Ltd.
143,200
268,543
 
Netherlands 2.1%
Adyen NV *
997
1,014,164
Arcadis NV
16,086
757,035
Argenx SE, ADR *
233
198,940
Basic-Fit NV *
9,557
382,361
BE Semiconductor Industries NV
3,226
739,783
Brembo NV
47,308
579,286
Cementir Holding NV
12,406
216,709
Corbion NV
17,390
380,041
CTP NV
12,720
229,845
Davide Campari-Milano NV
82,547
562,204
Eurocommercial Properties NV
7,077
228,921
SECURITY
NUMBER
OF SHARES
VALUE ($)
Euronext NV
4,701
859,558
Ferrovial NV
13,913
911,385
Flow Traders Ltd. *
4,937
150,646
Fugro NV
47,656
465,855
Havas NV
8,709
186,484
Koninklijke BAM Groep NV
83,533
1,120,226
Koninklijke Heijmans NV
4,252
459,975
Koninklijke Vopak NV
11,337
641,784
MFE-MediaForEurope NV, Class A
173,026
525,870
MFE-MediaForEurope NV, Class B (a)
28,805
117,047
OCI NV *
59,958
279,886
Pepco Group NV
35,641
439,035
Qiagen NV
26,039
1,071,475
Redcare Pharmacy NV *(a)
2,073
147,460
RHI Magnesita NV
4,999
190,332
Technip Energies NV
23,073
798,019
TKH Group NV
12,428
612,774
Van Lanschot Kempen NV
5,283
397,019
 
14,664,119
 
New Zealand 0.6%
a2 Milk Co. Ltd.
80,396
390,697
Air New Zealand Ltd.
483,496
118,193
Auckland International Airport Ltd.
62,402
319,948
Chorus Ltd.
57,487
319,325
Contact Energy Ltd.
95,508
510,742
EBOS Group Ltd.
24,227
314,096
Fisher & Paykel Healthcare Corp. Ltd.,
Class C
39,697
949,425
Freightways Group Ltd.
16,003
130,412
Genesis Energy Ltd.
156,738
235,980
Mercury NZ Ltd.
65,616
258,930
Meridian Energy Ltd.
132,371
443,878
SKYCITY Entertainment Group Ltd. *
251,265
91,608
Xero Ltd. *
4,957
247,478
 
4,330,712
 
Norway 2.0%
AF Gruppen ASA
6,615
132,388
Aker Solutions ASA
115,644
514,823
Atea ASA *
20,030
363,461
Austevoll Seafood ASA
28,493
255,902
Bluenord ASA *
5,571
303,767
Bonheur ASA
4,839
114,625
Borregaard ASA
12,529
208,872
BW Offshore Ltd.
6,925
34,086
DNO ASA
347,883
618,644
DOF Group ASA
26,040
342,071
Elkem ASA *
163,152
535,739
Europris ASA
34,414
310,043
Gjensidige Forsikring ASA
22,375
667,467
Hoegh Autoliners ASA
50,035
889,570
Kongsberg Gruppen ASA
16,488
515,299
Leroy Seafood Group ASA
88,505
388,437
MPC Container Ships ASA
219,966
565,378
Norconsult Norge AS
46,460
190,505
Nordic Semiconductor ASA *
13,342
225,425
Norwegian Air Shuttle ASA
149,375
206,136
Odfjell Drilling Ltd.
24,190
232,265
Opera Ltd., ADR
14,951
282,574
Salmar ASA
9,814
535,041
Scatec ASA *
17,882
172,919
SFL Corp. Ltd.
43,057
531,323
SpareBank 1 Nord Norge
17,724
296,231
SpareBank 1 SMN
18,894
391,947
SpareBank 1 Sor-Norge ASA
31,352
702,345
Sparebanken Norge
17,647
366,849
  
37

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Stolt-Nielsen Ltd.
9,539
320,293
Storebrand ASA
41,158
876,062
TGS ASA
57,532
779,651
TOMRA Systems ASA
31,381
348,787
Veidekke ASA
18,516
368,394
Wallenius Wilhelmsen ASA
54,167
844,154
 
14,431,473
 
Poland 1.1%
Alior Bank SA
13,480
497,432
Asseco Poland SA
11,469
614,254
Bank Millennium SA *
55,287
305,535
BNPP Bank Polska SA
711
29,582
Budimex SA
1,372
266,100
CD Projekt SA *
3,100
207,359
Cyfrowy Polsat SA *
113,267
517,269
Dino Polska SA *
58,338
500,212
Enea SA
66,855
350,950
Erste Bank Polska SA
5,369
1,058,529
Eurocash SA *
52,133
67,991
Grupa Azoty SA *
34,188
179,901
Grupa Kety SA
1,415
474,125
Jastrzebska Spolka Weglowa SA *
70,397
472,232
KRUK SA
2,220
253,273
LPP SA
135
785,279
mBank SA *
1,201
435,461
Orange Polska SA
156,475
638,776
 
7,654,260
 
Portugal 0.4%
Banco Comercial Portugues SA, Class R
865,998
1,067,001
Navigator Co. SA
82,393
309,713
NOS SGPS SA
81,758
455,052
REN - Redes Energeticas Nacionais SGPS
SA
104,843
417,364
Sonae SGPS SA
343,492
806,851
 
3,055,981
 
Republic of Korea 7.5%
Amorepacific Corp.
8,066
727,351
Amorepacific Holdings Corp.
18,106
321,513
Asiana Airlines, Inc. *
60,728
293,460
BGF retail Co. Ltd.
4,671
404,846
BH Co. Ltd.
13,825
143,271
Binggrae Co. Ltd.
3,218
152,104
Celltrion, Inc. *
6,427
828,260
Cheil Worldwide, Inc.
27,656
365,293
CJ ENM Co. Ltd. *
8,556
187,223
CJ Logistics Corp.
6,424
331,776
Coway Co. Ltd.
16,784
1,063,332
Daeduck Electronics Co. Ltd.
6,594
431,910
Daesang Corp.
16,048
198,134
Daewoo Engineering & Construction Co.
Ltd. *
164,602
1,412,372
Daishin Securities Co. Ltd. *
7,916
141,169
Daou Technology, Inc.
10,044
255,945
DB HiTek Co. Ltd.
7,444
422,700
DL E&C Co. Ltd.
30,348
1,213,729
DL Holdings Co. Ltd. *
8,656
258,203
Dongjin Semichem Co. Ltd.
7,666
204,530
Dongwon Industries Co. Ltd.
6,340
156,284
Doosan Bobcat, Inc.
21,471
883,888
Doosan Co. Ltd.
1,019
804,588
DoubleDown Interactive Co. Ltd., ADR *
12,222
141,531
E1 Corp.
938
57,555
Ecopro BM Co. Ltd.
1,941
138,649
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ecopro Co. Ltd. *
4,796
262,548
F&F Co. Ltd.
4,915
275,919
Gravity Co. Ltd., ADR
2,047
126,812
GS Engineering & Construction Corp.
65,332
1,038,511
GS Retail Co. Ltd.
18,806
322,279
Hanon Systems *
138,723
314,230
Hansol Chemical Co. Ltd.
1,425
202,621
Hanwha Aerospace Co. Ltd.
749
480,849
Hanwha General Insurance Co. Ltd. *
19,167
75,331
Hanwha Life Insurance Co. Ltd. *
87,526
264,681
Hanwha Solutions Corp. *
20,859
367,151
Harim Holdings Co. Ltd.
94,238
625,315
HD Construction Equipment Co. Ltd.
8,726
744,421
HD Hyundai Electric Co. Ltd.
204
94,335
HD Hyundai Heavy Industries Co. Ltd.
385
128,904
HD Korea Shipbuilding & Offshore
Engineering Co. Ltd.
4,115
1,092,779
HDC Holdings Co. Ltd.
17,541
242,711
Hite Jinro Co. Ltd.
15,278
163,977
HL Mando Co. Ltd.
20,377
626,099
Hotel Shilla Co. Ltd. *
13,313
402,071
HS Hyosung Advanced Materials Corp.
1,761
196,636
HYBE Co. Ltd. *
1,077
126,075
Hyosung Heavy Industries Corp.
59
95,888
Hyosung TNC Corp.
3,115
663,233
Hyundai Department Store Co. Ltd.
6,106
498,780
Hyundai Elevator Co. Ltd.
3,634
170,069
Hyundai Green Food
11,733
148,015
Hyundai Marine & Fire Insurance Co. Ltd. *
37,592
999,935
Hyundai Rotem Co. Ltd.
1,917
178,146
Hyundai Wia Corp.
15,454
620,175
iM Financial Group Co. Ltd.
63,500
744,546
Industrial Bank of Korea
62,191
891,630
IPARK Hyundai Development Co., Class E
22,375
308,029
JB Financial Group Co. Ltd.
35,348
644,681
Kakao Corp.
25,242
650,511
Kangwon Land, Inc.
18,912
193,995
KCC Corp.
1,954
514,363
KCC Glass Corp. *
4,849
74,421
KEPCO Plant Service & Engineering Co. Ltd.
6,151
191,894
KIWOOM Securities Co. Ltd.
1,510
301,510
Kolon Corp.
3,362
53,784
Kolon Industries, Inc.
15,952
525,827
Korea Aerospace Industries Ltd.
3,335
296,930
Korea Investment Holdings Co. Ltd.
5,259
742,433
Korea Petrochemical Ind Co. Ltd.
3,769
222,246
Korean Reinsurance Co.
45,649
438,595
Krafton, Inc. *
3,800
642,183
Kumho Tire Co., Inc. *
53,047
264,879
LF Corp.
10,694
166,458
LG CNS Co. Ltd.
6,477
278,087
LG Energy Solution Ltd. *
1,835
415,132
Lotte Chilsung Beverage Co. Ltd.
2,110
148,416
Lotte Corp.
21,466
335,977
LOTTE Fine Chemical Co. Ltd.
7,995
247,017
Lotte Rental Co. Ltd.
8,537
234,306
Lotte Shopping Co. Ltd.
12,814
1,035,101
LS Corp.
6,130
1,106,268
LS Electric Co. Ltd.
3,735
470,296
LX International Corp.
31,020
809,263
LX Semicon Co. Ltd.
8,614
204,621
Macquarie Korea Infrastructure Fund
45,468
321,793
Meritz Financial Group, Inc. *
12,547
1,076,688
Mirae Asset Securities Co. Ltd.
18,765
445,776
Misto Holdings Corp.
9,075
284,755
NC Corp.
4,260
692,622
Netmarble Corp.
5,053
135,017
NH Investment & Securities Co. Ltd.,
Class C
22,539
441,461
38
  

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
NHN Corp. *
8,017
205,923
NICE Holdings Co. Ltd. *
1,452
13,017
NongShim Co. Ltd.
1,428
381,708
OCI Holdings Co. Ltd.
3,917
516,453
Orion Corp.
6,291
576,936
Orion Holdings Corp.
16,004
283,787
Otoki Corp.
785
177,997
Pan Ocean Co. Ltd.
173,856
658,723
Poongsan Corp.
6,063
304,753
Posco International Corp.
21,397
780,097
S-1 Corp.
5,286
261,788
Samchully Co. Ltd.
769
63,490
Samsung Biologics Co. Ltd. *
192
197,543
Samsung E&A Co. Ltd.
52,087
1,541,872
Samsung Episholdings Co. Ltd. *
33
8,569
Samsung Heavy Industries Co. Ltd. *
19,674
292,515
Samsung Life Insurance Co. Ltd.
8,564
1,795,188
Samsung Securities Co. Ltd.
7,829
530,655
Samyang Biopharmaceuticals Corp. *
2,326
62,336
Samyang Holdings Corp.
2,886
116,167
SD Biosensor, Inc. *
25,399
112,507
SeAH Besteel Holdings Corp.
2,574
59,269
SeAH Steel Holdings Corp.
713
52,311
Seegene, Inc.
18,649
348,925
SFA Engineering Corp.
9,135
126,111
Shinsegae, Inc.
3,826
1,107,020
SIMMTECH Co. Ltd.
5,746
320,260
SK Chemicals Co. Ltd.
5,209
141,961
SK Discovery Co. Ltd.
5,962
213,292
SK Gas Ltd.
1,162
183,082
SK Networks Co. Ltd.
96,523
486,991
SKC Co. Ltd. *
2,422
118,913
SL Corp.
7,229
262,946
Soulbrain Co. Ltd.
874
151,350
Sungwoo Hitech Co. Ltd.
36,943
143,327
Taihan Cable & Solution Co. Ltd. *
12,900
205,262
WONIK IPS Co. Ltd.
4,495
294,958
Youngone Corp.
6,435
399,749
Youngone Holdings Co. Ltd.
2,096
279,193
Yuhan Corp.
4,337
221,461
 
53,638,028
 
Singapore 2.1%
BW LPG Ltd.
39,491
905,297
CapitaLand Ascendas REIT *
417,100
835,441
CapitaLand Ascott Trust
342,604
241,703
CapitaLand Integrated Commercial Trust *
418,080
811,383
CapitaLand Investment Ltd.
217,598
450,938
City Developments Ltd.
84,000
513,738
ComfortDelGro Corp. Ltd.
658,800
688,617
Frasers Logistics & Commercial Trust *
470,800
363,419
Genting Singapore Ltd.
1,041,700
515,590
Grab Holdings Ltd., A Shares *
71,743
251,101
Hafnia Ltd.
101,343
777,917
Hutchison Port Holdings Trust, U Shares
1,721,200
332,192
IGG, Inc.
179,900
76,602
Jardine Cycle & Carriage Ltd.
20,300
465,212
Keppel Infrastructure Trust
846,515
359,742
Mapletree Industrial Trust *
232,966
350,570
Mapletree Logistics Trust
375,332
362,588
Mapletree Pan Asia Commercial Trust
283,092
293,580
Netlink NBN Trust
333,900
262,736
SATS Ltd.
112,249
413,852
Sea Ltd., ADR *
10,018
1,069,321
Seatrium Ltd.
149,973
251,249
Sembcorp Industries Ltd.
140,400
603,872
Sheng Siong Group Ltd.
99,400
258,698
Singapore Exchange Ltd.
61,600
1,174,354
SECURITY
NUMBER
OF SHARES
VALUE ($)
Singapore Post Ltd.
399,400
105,888
Singapore Technologies Engineering Ltd.
114,800
902,074
UOL Group Ltd.
84,501
652,037
Venture Corp. Ltd.
69,500
865,955
Yanlord Land Group Ltd.
89,600
47,863
 
15,203,529
 
Spain 1.5%
Abengoa SA, B Shares *(b)
66,135,341
0
Acciona SA
3,288
904,348
Atresmedia Corp. de Medios de
Comunicacion SA
34,509
206,969
Bankinter SA
72,677
1,336,887
CIE Automotive SA
9,177
280,259
Colonial SFL Socimi SA
48,460
310,189
Construcciones y Auxiliar de Ferrocarriles
SA
3,920
310,000
Corp. ACCIONA Energias Renovables SA
8,004
200,383
Ebro Foods SA
11,398
240,707
EDP Renewables SA
31,681
491,592
Elecnor SA
7,937
313,868
Enagas SA
58,179
1,134,060
Faes Farma SA
32,515
170,746
Fluidra SA
15,286
339,904
Gestamp Automocion SA
76,831
259,335
Indra Sistemas SA
6,829
448,983
Linea Directa Aseguradora SA Cia de
Seguros y Reaseguros
129,848
191,775
Logista Integral SA
13,804
588,901
Merlin Properties Socimi SA
28,278
491,475
Puig Brands SA, Class B
12,956
249,473
Sacyr SA
125,637
682,975
Unicaja Banco SA
83,382
320,625
Vidrala SA
3,722
376,446
Viscofan SA
9,550
632,785
 
10,482,685
 
Sweden 3.6%
AAK AB
30,966
668,192
AcadeMedia AB
25,280
264,954
AddLife AB, B Shares
12,984
220,707
AddTech AB, B Shares
13,276
483,062
AFRY AB
29,109
314,661
Alleima AB
50,268
597,418
Ambea AB
18,602
281,968
Arjo AB, B Shares
66,276
188,518
Asmodee Group AB, Class B *
22,752
355,061
Attendo AB
27,659
318,129
Avanza Bank Holding AB
6,302
258,609
Axfood AB
19,990
510,172
Beijer Ref AB, Class B
40,819
576,050
Betsson AB, Class B
35,678
344,839
Bilia AB, A Shares
24,156
391,328
Billerud AB
85,481
681,604
Bravida Holding AB
50,356
693,845
Castellum AB
48,262
677,372
Coffee Stain Group AB, Class B *
10,280
19,437
Dometic Group AB *
122,716
306,547
Electrolux Professional AB, B Shares
30,593
152,514
Elekta AB, B Shares
102,652
522,231
Embracer Group AB *
33,586
238,135
EQT AB
20,958
711,854
Evolution AB *
15,736
1,200,992
Fabege AB
23,596
185,057
Fastighets AB Balder, B Shares *
49,179
269,168
Getinge AB, B Shares
48,795
1,216,233
Granges AB
28,841
543,163
  
39

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Hexpol AB
67,277
626,212
Holmen AB, B Shares
18,123
614,606
Indutrade AB
28,757
722,004
Intrum AB *
268,552
90,391
Inwido AB
15,419
278,072
JM AB
29,008
375,362
Lagercrantz Group AB, B Shares
8,049
189,269
Lifco AB, B Shares
12,267
417,790
Lindab International AB
12,374
161,270
Loomis AB
17,437
962,252
MEKO AB
10,987
88,699
Mycronic AB
9,090
300,352
NCC AB, B Shares
28,239
504,077
New Wave Group AB, B Shares
18,085
179,431
Nibe Industrier AB, B Shares
236,404
947,633
Nolato AB, B Shares
28,442
145,710
Norion Bank AB *
3,147
19,345
Peab AB, B Shares
57,160
566,196
Ratos AB, B Shares
66,450
251,184
Saab AB, B Shares
12,561
789,305
Sagax AB, B Shares
11,071
194,611
Samhallsbyggnadsbolaget i Norden AB *(a)
623,578
214,922
Scandic Hotels Group AB
42,323
376,593
Sinch AB *
181,267
766,625
Svenska Cellulosa AB SCA, B Shares
70,106
797,046
Sweco AB, B Shares
30,113
425,129
Swedish Orphan Biovitrum AB *
15,580
772,086
Thule Group AB
20,322
467,817
Wihlborgs Fastigheter AB
28,588
232,511
 
25,668,320
 
Switzerland 3.7%
Accelleron Industries AG
3,768
341,141
Allreal Holding AG
1,560
408,079
ALSO Holding AG
2,528
604,839
Aryzta AG *
6,845
449,695
Avolta AG *
17,132
1,028,507
Banque Cantonale Vaudoise
2,702
424,459
Belimo Holding AG
554
577,707
Bell Food Group AG
588
132,146
Berner Kantonalbank AG
324
154,176
BKW AG
3,140
518,734
Bossard Holding AG, Class A
1,214
340,133
Bucher Industries AG
895
351,638
Burckhardt Compression Holding AG
325
194,812
Cembra Money Bank AG
4,152
461,616
Clariant AG *
99,492
1,130,566
Comet Holding AG
653
264,949
Daetwyler Holding AG
982
167,100
DKSH Holding AG
11,918
989,381
dormakaba Holding AG
5,010
360,998
EFG International AG *
5,730
114,005
Emmi AG
468
502,706
EMS-Chemie Holding AG
761
770,618
Flughafen Zurich AG
1,600
470,323
Forbo Holding AG
300
339,974
Galderma Group AG *
3,493
760,116
Galenica AG
9,587
1,018,443
Georg Fischer AG
8,482
543,870
Helvetia Baloise Holding AG
6,109
1,638,247
Huber & Suhner AG
1,941
457,525
Implenia AG
2,239
177,652
Inficon Holding AG
1,501
302,822
Interroll Holding AG
118
197,864
Kardex Holding AG
576
169,509
Landis & Gyr Group AG *
7,188
407,187
Luzerner Kantonalbank AG
1,724
237,784
Mobimo Holding AG
456
197,261
SECURITY
NUMBER
OF SHARES
VALUE ($)
OC Oerlikon Corp. AG Pfaeffikon
90,830
535,814
On Holding AG, Class A *
7,083
256,688
PSP Swiss Property AG
2,429
438,230
SFS Group AG *
2,512
411,238
Siegfried Holding AG *
3,256
305,502
SIG Group AG *
64,418
1,170,574
Softwareone Holding AG *
28,004
304,478
St. Galler Kantonalbank AG
271
218,035
Stadler Rail AG
13,147
399,224
Straumann Holding AG
7,744
959,019
Sulzer AG
2,096
380,657
Swiss Prime Site AG
5,241
854,807
Swissquote Group Holding SA
4,232
220,485
Tecan Group AG
2,765
638,986
Temenos AG
4,656
387,308
Valiant Holding AG
1,807
353,152
VAT Group AG
1,267
948,321
Vontobel Holding AG
5,606
599,911
 
26,589,011
 
Taiwan 0.0%
FIT Hon Teng Ltd. *
417,000
249,445
 
United Kingdom 8.4%
4imprint Group PLC
5,829
323,512
AG Barr PLC
18,959
166,088
Airtel Africa PLC
240,264
1,084,527
Allfunds Group PLC
46,356
473,245
ARM Holdings PLC, ADR *
690
165,386
Ashmore Group PLC
101,798
283,177
Autotrader Group PLC
74,616
526,877
Babcock International Group PLC
51,965
788,856
Beazley PLC
60,067
1,043,966
Big Yellow Group PLC
19,377
231,988
Bodycote PLC
42,308
412,956
Breedon Group PLC
101,979
454,934
Bridgepoint Group PLC
37,588
162,452
Brightstar Lottery PLC
44,923
451,027
British Land Co. PLC
115,940
693,278
Chemring Group PLC
38,362
305,786
Clarkson PLC
5,551
353,869
Close Brothers Group PLC *
74,197
425,596
Coats Group PLC
340,983
369,520
Computacenter PLC
18,640
1,155,113
Convatec Group PLC
285,457
862,557
Cranswick PLC
11,805
851,195
CVS Group PLC
13,899
234,866
Derwent London PLC
16,124
457,223
Diploma PLC
7,211
714,126
Domino's Pizza Group PLC
124,622
339,811
Dr. Martens PLC
199,094
207,687
Dunelm Group PLC
25,147
294,125
easyJet PLC
185,501
1,579,267
Elementis PLC
103,444
249,354
Endava PLC, ADR *
13,559
40,541
Endeavour Mining PLC
9,901
468,547
Energean PLC
32,769
336,975
Frasers Group PLC *
34,449
376,025
Fresnillo PLC
12,608
424,712
Future PLC
16,996
70,048
Games Workshop Group PLC
2,648
682,607
Gamma Communications PLC
22,968
289,740
Genuit Group PLC
74,671
274,635
Genus PLC
8,722
258,418
Grainger PLC
97,581
230,268
Greggs PLC
33,906
858,210
Halma PLC
22,326
1,066,673
40
  

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Harbour Energy PLC
296,873
963,026
Helios Towers PLC *
45,882
121,399
Hikma Pharmaceuticals PLC
44,288
945,454
Hill & Smith PLC
12,967
500,599
Hilton Food Group PLC
26,668
215,291
Hiscox Ltd.
25,132
613,570
Howden Joinery Group PLC
107,522
1,145,710
Hunting PLC
47,563
284,297
Ibstock PLC
131,149
164,648
ICG PLC
39,468
1,007,695
IG Group Holdings PLC
66,698
1,312,427
IMI PLC
33,742
1,340,857
InterContinental Hotels Group PLC
7,057
1,141,167
International Personal Finance PLC
41,340
139,011
Ithaca Energy PLC
35,556
116,111
J D Wetherspoon PLC
24,823
260,282
James Halstead PLC
66,132
106,955
JET2 PLC
39,030
810,031
Johnson Service Group PLC
85,805
173,928
Jupiter Fund Management PLC
72,715
154,369
Keller Group PLC
23,573
960,741
Kier Group PLC
144,309
470,005
Lancashire Holdings Ltd.
45,529
369,815
Land Securities Group PLC
119,964
1,142,649
Lion Finance Group PLC
4,415
693,513
LondonMetric Property PLC
90,103
238,197
Marshalls PLC
56,781
123,326
Michael Page PLC
130,055
319,661
Mitchells & Butlers PLC *
58,738
217,455
Mitie Group PLC
293,522
818,881
MONY Group PLC
134,436
357,571
Morgan Advanced Materials PLC
104,126
317,369
Morgan Sindall Group PLC
9,101
543,378
Ninety One PLC
84,060
242,214
Ocado Group PLC *
79,620
227,578
OSB Group PLC
88,888
669,146
Oxford Instruments PLC
7,081
260,726
Paragon Banking Group PLC
38,137
432,122
Pennon Group PLC
128,661
801,439
Pets at Home Group PLC
157,444
449,466
Polar Capital Holdings PLC
22,926
238,228
Premier Foods PLC
136,741
358,081
Primary Health Properties PLC
204,844
261,079
QinetiQ Group PLC
96,058
657,646
Quilter PLC
376,052
979,185
Renew Holdings PLC
16,408
200,411
Renishaw PLC
4,630
308,759
Rightmove PLC
57,948
363,307
Rotork PLC
131,505
866,342
RWS Holdings PLC
140,756
182,780
Safestore Holdings PLC
28,412
237,010
Savills PLC
46,073
571,273
Schroders PLC
164,765
1,306,919
Segro PLC
94,374
1,232,780
Senior PLC
93,166
364,765
Serica Energy PLC
110,781
351,289
Softcat PLC
15,969
419,033
Spirax Group PLC
10,278
963,634
Spire Healthcare Group PLC
90,743
285,568
SSP Group PLC
206,265
554,601
Tate & Lyle PLC
150,008
1,117,842
Telecom Plus PLC
16,846
193,213
THG PLC *(a)
398,481
162,727
TORM PLC, Class A
24,117
736,309
Tritax Big Box REIT PLC
137,974
317,219
UNITE Group PLC
39,132
284,262
Vesuvius PLC
90,245
451,239
Victrex PLC
34,036
359,178
Vistry Group PLC *
144,493
571,958
SECURITY
NUMBER
OF SHARES
VALUE ($)
Watches of Switzerland Group PLC *
70,553
696,867
Weir Group PLC
30,909
1,102,750
WH Smith PLC
41,545
243,138
Wickes Group PLC
24,344
64,635
Zegona Communications PLC
5,899
116,418
Zigup PLC
95,783
597,049
 
59,929,336
 
United States 0.7%
Alkermes PLC *
5,364
262,782
Atlassian Corp., Class A *
1,903
192,232
Carnival Corp. Ltd.
11,624
323,263
Diversified Energy Co.
14,920
198,220
Dole PLC
18,150
256,641
Garrett Motion, Inc.
21,654
674,522
Kulicke & Soffa Industries, Inc.
12,680
1,131,056
Lionsgate Studios Corp. *
60,566
804,316
Nordic American Tankers Ltd.
27,028
176,493
SolarEdge Technologies, Inc. *
14,054
579,025
 
4,598,550
Total Common Stocks
(Cost $476,898,015)
711,336,960
 
PREFERRED STOCKS 0.4% OF NET ASSETS
 
Germany 0.3%
Draegerwerk AG & Co. KGaA
4,618
585,488
Jungheinrich AG
19,383
546,051
KSB SE & Co. KGaA
224
215,462
Sartorius AG
2,546
641,678
Sixt SE
4,676
323,681
STO SE & Co. KGaA
745
83,473
 
2,395,833
 
Italy 0.1%
Danieli & C Officine Meccaniche SpA - RSP
6,801
349,672
 
Republic of Korea 0.0%
Daishin Securities Co. Ltd. *
5,962
81,220
Total Preferred Stocks
(Cost $2,098,877)
2,826,725
 
RIGHTS 0.0% OF NET ASSETS
 
United Kingdom 0.0%
Greencore Group PLC
CVR *(b)
103,749
1,258
Total Rights
(Cost $2,926)
1,258
 
WARRANTS 0.0% OF NET ASSETS
 
Italy 0.0%
Webuild SpA
expires 08/02/30 *(b)
9,173
23,890
Total Warrants
(Cost $0)
23,890
 
  
41

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 1.4% OF NET ASSETS
 
Money Market Funds 1.4%
State Street Institutional U.S. Government
Money Market Fund, Premier Class
3.62% (c)(d)
9,737,226
9,737,226
Total Short-Term Investments
(Cost $9,737,226)
9,737,226
Total Investments in Securities
(Cost $488,737,044)
723,926,059
 
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
MSCI EAFE Index, expires
09/18/26
7
1,113,805
20,917
 
*
Non-income producing security.
(a)
All or a portion of this security is on loan.
(b)
Fair valued using significant unobservable inputs.
(c)
The rate shown is the annualized 7-day yield.
(d)
Security purchased with cash collateral received for securities on loan.
Securities on loan were valued at $9,294,230.
 
ADR —
American Depositary Receipt
CDI —
CHESS Depositary Interest
CVA —
Dutch Certificate
CVR —
Contingent Value Rights
REIT —
Real Estate Investment Trust
RSP —
Risparmio (Savings Shares)
 
42
  

Schwab Fundamental International Small Equity Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2026:  
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$—
$14,826,548
$—
$14,826,548
Australia
776,421
35,309,487
—
36,085,908
Austria
203,983
4,719,322
—
4,923,305
British Virgin Islands
190,942
—
—
190,942
Canada
62,799,348
825,654
—
63,625,002
China
1,384,380
6,735,800
183,952
8,304,132
Cyprus
1,016,691
—
—
1,016,691
Denmark
443,918
9,773,510
—
10,217,428
Faeroe Islands
255,920
—
—
255,920
Finland
135,151
9,430,819
—
9,565,970
France
1,467,590
28,402,678
—
29,870,268
Germany
1,313,821
23,837,012
—
25,150,833
Guernsey
120,891
151,317
—
272,208
Hong Kong
929,796
14,659,616
0
*
15,589,412
Ireland
1,048,153
1,966,871
—
3,015,024
Isle Of Man
269,126
—
—
269,126
Israel
2,892,668
11,251,343
—
14,144,011
Italy
1,188,867
15,966,961
—
17,155,828
Japan
14,065,078
201,723,834
—
215,788,912
Luxembourg
805,064
3,074,405
—
3,879,469
Netherlands
389,272
14,274,847
—
14,664,119
New Zealand
828,215
3,502,497
—
4,330,712
Norway
4,560,217
9,871,256
—
14,431,473
Poland
1,057,717
6,596,543
—
7,654,260
Republic of Korea
320,654
53,317,374
—
53,638,028
Singapore
2,896,161
12,307,368
—
15,203,529
Spain
—
10,482,685
0
*
10,482,685
Sweden
264,954
25,403,366
—
25,668,320
Switzerland
1,338,777
25,250,234
—
26,589,011
United Kingdom
17,594,212
42,335,124
—
59,929,336
United States
4,400,330
198,220
—
4,598,550
Preferred Stocks1
—
2,826,725
—
2,826,725
Rights
United Kingdom
—
—
1,258
1,258
Warrants
Italy
—
—
23,890
23,890
Short-Term Investments1
9,737,226
—
—
9,737,226
Futures Contracts2
20,917
—
—
20,917
Total
$134,716,460
$589,021,416
$209,100
$723,946,976
 
*
Level 3 amount shown includes securities determined to have no value.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
  
43

Schwab Capital Trust
Schwab Fundamental Emerging Markets Equity Index Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 95.4% OF NET ASSETS
 
Brazil 8.4%
Ambev SA
1,449,823
4,573,285
Axia Energia SA
309,263
3,222,492
B3 SA - Brasil Bolsa Balcao
862,424
2,676,174
Banco Bradesco SA
692,372
2,184,001
Banco do Brasil SA
2,569,765
10,823,212
Cia de Saneamento Basico do Estado de
Sao Paulo SABESP
467,081
2,552,330
Cia Energetica de Minas Gerais
186,543
601,306
Cia Paranaense de Energia - Copel
525,467
1,537,275
Cia Siderurgica Nacional SA *
1,802,773
1,721,279
Cosan SA *
719,318
577,537
Equatorial SA
356,812
2,721,236
Itau Unibanco Holding SA
146,160
1,315,949
Klabin SA
522,703
1,881,840
Localiza Rent a Car SA
231,751
1,719,451
MBRF Global Foods Co. SA
311,688
1,078,486
Petroleo Brasileiro SA - Petrobras
4,597,537
44,477,519
Suzano SA
387,841
3,314,416
Telefonica Brasil SA
326,259
2,100,122
Ultrapar Participacoes SA
850,967
5,548,161
Vale SA
3,274,386
49,272,593
Vibra Energia SA
1,429,351
10,165,038
 
154,063,702
 
Chile 0.4%
Banco de Chile
10,741,288
2,237,908
Cencosud SA
619,718
1,303,024
Empresas Copec SA
252,062
1,721,531
Enel Americas SA
8,756,680
828,718
Falabella SA
160,607
1,073,765
 
7,164,946
 
China 31.0%
Agricultural Bank of China Ltd., A Shares
1,818,500
1,858,101
Agricultural Bank of China Ltd.,
H Shares
11,163,600
8,975,304
Alibaba Group Holding Ltd.
3,628,092
55,268,151
Aluminum Corp. of China Ltd., A Shares
601,600
854,996
Aluminum Corp. of China Ltd., H Shares
1,506,000
1,639,869
Anhui Conch Cement Co. Ltd., A Shares
410,500
1,128,079
Anhui Conch Cement Co. Ltd., H Shares
1,229,500
2,896,843
ANTA Sports Products Ltd.
257,600
2,592,593
BAIC Motor Corp. Ltd., H Shares *
5,941,000
659,823
Baidu, Inc., A Shares *
659,250
9,132,326
Bank of Beijing Co. Ltd., A Shares
2,303,400
1,780,650
Bank of China Ltd., A Shares
1,066,500
957,016
Bank of China Ltd., H Shares
34,890,234
24,475,666
Bank of Communications Co. Ltd.,
A Shares
1,981,000
2,105,289
Bank of Communications Co. Ltd.,
H Shares
4,145,000
3,993,603
BOE Technology Group Co. Ltd.,
A Shares
3,809,300
3,098,930
BYD Co. Ltd., A Shares
56,300
798,236
BYD Co. Ltd., H Shares
450,400
5,384,456
SECURITY
NUMBER
OF SHARES
VALUE ($)
CGN Power Co. Ltd., A Shares
363,300
222,110
CGN Power Co. Ltd., H Shares
4,105,000
1,513,697
China CITIC Bank Corp. Ltd., A Shares
322,300
373,255
China CITIC Bank Corp. Ltd., H Shares
5,298,000
5,223,978
China Coal Energy Co. Ltd., A Shares
139,500
285,268
China Coal Energy Co. Ltd., H Shares
1,391,000
1,906,536
China Construction Bank Corp.,
A Shares
642,200
1,031,652
China Construction Bank Corp.,
H Shares
40,884,960
47,975,470
China Everbright Bank Co. Ltd.,
A Shares
3,152,200
1,480,233
China Everbright Bank Co. Ltd.,
H Shares
6,249,000
2,541,616
China Hongqiao Group Ltd.
1,062,000
3,341,754
China Life Insurance Co. Ltd., A Shares
13,000
75,968
China Life Insurance Co. Ltd., H Shares
723,000
2,691,686
China Mengniu Dairy Co. Ltd.
1,624,000
3,918,432
China Merchants Bank Co. Ltd.,
A Shares
797,100
4,675,614
China Merchants Bank Co. Ltd.,
H Shares
1,463,150
9,493,028
China Minsheng Banking Corp. Ltd.,
A Shares
5,061,800
2,713,427
China Minsheng Banking Corp. Ltd.,
H Shares
7,130,910
3,299,482
China National Building Material Co.
Ltd., H Shares
7,328,562
3,478,396
China Pacific Insurance Group Co. Ltd.,
A Shares
156,100
746,364
China Pacific Insurance Group Co. Ltd.,
H Shares
807,800
3,152,901
China Petroleum & Chemical Corp.,
A Shares
2,602,600
2,031,518
China Petroleum & Chemical Corp.,
H Shares
32,706,400
18,483,257
China Railway Group Ltd., A Shares
2,017,400
1,375,972
China Railway Group Ltd., H Shares
5,561,000
2,560,247
China Resources Land Ltd.
1,611,000
6,815,523
China Shenhua Energy Co. Ltd.,
A Shares
144,800
978,604
China Shenhua Energy Co. Ltd.,
H Shares
1,401,500
7,764,135
China State Construction Engineering
Corp. Ltd., A Shares
4,998,400
3,479,828
China Tower Corp. Ltd., H Shares
2,112,900
2,700,959
China United Network Communications
Ltd., A Shares
3,008,150
1,985,550
China Vanke Co. Ltd., A Shares *
3,211,100
1,589,197
China Vanke Co. Ltd., H Shares *
5,328,000
1,686,038
China Yongda Automobiles Services
Holdings Ltd.
4,694,500
520,006
China Zheshang Bank Co. Ltd., H Shares
3,070,000
935,963
CITIC Securities Co. Ltd., A Shares
324,800
1,366,198
CITIC Securities Co. Ltd., H Shares
296,000
1,033,302
CMOC Group Ltd., H Shares
429,000
924,592
Contemporary Amperex Technology Co.
Ltd., A Shares
21,900
1,282,949
COSCO SHIPPING Holdings Co. Ltd.,
A Shares
915,100
2,115,684
44
  

Schwab Fundamental Emerging Markets Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
COSCO SHIPPING Holdings Co. Ltd.,
H Shares
2,480,000
4,989,062
Country Garden Services Holdings Co.
Ltd.
581,000
414,560
CRRC Corp. Ltd., A Shares
789,430
720,093
CRRC Corp. Ltd., H Shares
1,957,000
1,313,257
Daqo New Energy Corp., ADR *
81,599
993,060
ENN Energy Holdings Ltd.
457,800
2,739,442
Geely Automobile Holdings Ltd.
1,849,000
4,668,239
Gree Electric Appliances, Inc. of Zhuhai,
A Shares
367,600
2,302,577
Haier Smart Home Co. Ltd., A Shares
297,800
1,021,580
Haier Smart Home Co. Ltd., H Shares
1,276,400
3,679,650
Hello Group, Inc., ADR
115,017
688,952
Huaneng Power International, Inc.,
A Shares
305,000
324,650
Huaneng Power International, Inc.,
H Shares
2,282,000
1,753,739
Industrial & Commercial Bank of China
Ltd., A Shares
1,579,900
1,869,053
Industrial & Commercial Bank of China
Ltd., H Shares
31,119,172
29,768,208
Industrial Bank Co. Ltd., A Shares
1,794,200
5,021,937
iQIYI, Inc., ADR *
1,164,988
1,479,535
JD Logistics, Inc. *
698,900
1,340,171
JD.com, Inc., ADR
1,017,756
33,596,126
Jiangxi Copper Co. Ltd., A Shares
143,900
925,004
Jiangxi Copper Co. Ltd., H Shares
989,000
4,449,912
JinkoSolar Holding Co. Ltd., ADR
77,141
1,167,915
KE Holdings, Inc., ADR
165,512
2,805,428
Kunlun Energy Co. Ltd.
3,222,000
2,979,778
Kweichow Moutai Co. Ltd., A Shares
10,600
2,120,173
Li Ning Co. Ltd.
949,500
1,834,263
Longfor Group Holdings Ltd.
3,061,500
2,679,273
Lufax Holding Ltd., ADR *
583,906
910,893
Meituan, B Shares *
639,470
7,549,888
Midea Group Co. Ltd., A Shares
301,600
3,911,731
NetEase, Inc.
258,643
6,881,510
PDD Holdings, Inc., ADR *
121,513
10,761,191
PetroChina Co. Ltd., A Shares
1,232,900
2,028,310
PetroChina Co. Ltd., H Shares
16,450,000
20,931,952
PICC Property & Casualty Co. Ltd.,
H Shares
3,090,000
6,448,971
Ping An Bank Co. Ltd., A Shares
1,272,400
2,191,156
Ping An Insurance Group Co. of China
Ltd., A Shares
723,700
5,874,337
Ping An Insurance Group Co. of China
Ltd., H Shares
2,706,500
20,219,640
Poly Developments & Holdings Group
Co. Ltd., A Shares
867,200
678,051
Postal Savings Bank of China Co. Ltd.,
A Shares
932,300
715,194
Postal Savings Bank of China Co. Ltd.,
H Shares
5,059,000
3,276,678
Shanghai Pudong Development Bank
Co. Ltd., A Shares
2,211,500
3,114,627
Shenzhou International Group Holdings
Ltd.
238,700
1,356,608
Sinopharm Group Co. Ltd., H Shares
1,450,000
3,215,512
Sunac China Holdings Ltd. *
4,682,000
328,735
Tencent Holdings Ltd.
606,000
37,028,409
Trip.com Group Ltd. *
22,550
1,056,478
Vipshop Holdings Ltd., ADR
331,434
5,084,198
Weichai Power Co. Ltd., A Shares
314,000
1,299,578
Weichai Power Co. Ltd., H Shares
653,000
2,730,324
Xiaomi Corp., B Shares *
1,993,600
7,315,481
Yankuang Energy Group Co. Ltd.,
A Shares
195,385
584,163
SECURITY
NUMBER
OF SHARES
VALUE ($)
Yankuang Energy Group Co. Ltd.,
H Shares
1,805,600
2,748,494
Zhongsheng Group Holdings Ltd. *
1,312,000
759,016
Zijin Mining Group Co. Ltd., A Shares
351,000
1,716,091
Zijin Mining Group Co. Ltd., H Shares
796,000
3,379,799
ZTO Express Cayman, Inc.
99,500
2,381,153
 
571,494,125
 
Colombia 0.4%
Ecopetrol SA, ADR (a)
298,768
5,010,339
Grupo Cibest SA
65,477
1,855,758
 
6,866,097
 
Czech Republic 0.1%
CEZ AS
34,461
2,220,009
 
Greece 0.4%
Eurobank SA, Class A
256,345
1,324,674
Motor Oil Hellas Corinth Refineries SA
49,596
2,905,334
National Bank of Greece SA
134,312
2,513,118
Piraeus Bank SA *
104,054
1,213,693
 
7,956,819
 
Hong Kong 2.5%
BOC Hong Kong Holdings Ltd.
784,500
5,216,973
China Everbright Environment Group
Ltd.
2,340,000
1,523,826
China Overseas Land & Investment Ltd.
3,966,500
6,822,296
China Resources Power Holdings Co.
Ltd.
1,232,000
3,035,257
China Taiping Insurance Holdings Co.
Ltd.
695,000
1,949,946
CITIC Ltd.
4,863,000
7,654,491
CSPC Pharmaceutical Group Ltd.
2,244,000
2,454,745
Lenovo Group Ltd.
4,510,000
13,792,449
Orient Overseas International Ltd.
143,000
2,796,306
Sinotruk Hong Kong Ltd.
227,000
1,176,548
 
46,422,837
 
Hungary 0.6%
MOL Hungarian Oil & Gas PLC *
395,045
5,656,088
OTP Bank Nyrt
34,013
5,038,747
 
10,694,835
 
India 9.5%
Axis Bank Ltd.
406,273
5,231,709
Bajaj Finserv Ltd.
107,118
2,276,762
Bank of Baroda
394,237
1,002,057
Bharat Petroleum Corp. Ltd.
1,563,451
5,225,014
Bharti Airtel Ltd.
297,367
6,143,401
Coal India Ltd.
695,092
3,017,716
GAIL India Ltd.
1,742,463
3,310,458
Grasim Industries Ltd.
95,055
3,087,442
HCL Technologies Ltd.
233,936
3,307,977
HDFC Bank Ltd.
1,289,953
10,102,660
Hindalco Industries Ltd.
661,217
6,775,395
Hindustan Petroleum Corp. Ltd.
862,492
3,509,881
Hindustan Unilever Ltd.
87,169
1,918,829
ICICI Bank Ltd.
708,488
10,647,971
Indian Oil Corp. Ltd.
2,579,484
3,781,294
IndusInd Bank Ltd.
211,745
2,245,551
Infosys Ltd.
837,021
9,943,013
ITC Ltd.
1,658,277
4,881,897
  
45

Schwab Fundamental Emerging Markets Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
JSW Steel Ltd.
216,690
2,884,310
Kotak Mahindra Bank Ltd.
690,318
2,821,991
Larsen & Toubro Ltd.
133,997
5,526,826
Mahindra & Mahindra Ltd.
105,864
3,769,565
Maruti Suzuki India Ltd.
19,908
2,968,778
NTPC Ltd.
1,376,266
5,004,938
Oil & Natural Gas Corp. Ltd.
2,464,083
6,277,581
Power Finance Corp. Ltd.
668,446
2,971,349
Power Grid Corp. of India Ltd.
1,036,813
3,086,364
Rajesh Exports Ltd. *
817,043
726,191
Reliance Industries Ltd.
1,222,954
16,744,008
Shriram Finance Ltd.
211,630
2,319,493
State Bank of India
611,368
6,579,801
Steel Authority of India Ltd.
1,125,508
1,995,277
Sun Pharmaceutical Industries Ltd.
104,381
2,176,377
Tata Consultancy Services Ltd.
208,905
5,182,840
Tata Motors Ltd.
126,982
580,869
Tata Motors Passenger Vehicles Ltd.
897,413
3,194,390
Tata Steel Ltd.
3,477,239
6,918,636
Tech Mahindra Ltd.
141,633
2,459,222
Vedanta Ltd.
664,856
1,845,786
Wipro Ltd.
916,876
1,768,493
 
174,212,112
 
Indonesia 1.1%
Alamtri Resources Indonesia Tbk. PT
14,419,500
1,971,409
Astra International Tbk. PT
9,355,100
2,651,495
Bank Central Asia Tbk. PT
7,778,000
2,725,992
Bank Mandiri Persero Tbk. PT
13,966,000
3,249,467
Bank Rakyat Indonesia Persero Tbk. PT
26,124,596
4,393,526
Telkom Indonesia Persero Tbk. PT,
Class B
26,651,900
3,890,930
United Tractors Tbk. PT
1,066,800
1,419,910
 
20,302,729
 
Kuwait 0.4%
Kuwait Finance House KSCP
1,271,081
3,224,589
Mobile Telecommunications Co. KSCP
899,502
1,737,321
National Bank of Kuwait SAKP
1,208,762
3,355,178
 
8,317,088
 
Malaysia 0.9%
Axiata Group Bhd.
1,829,213
888,739
CIMB Group Holdings Bhd.
1,556,053
3,005,030
Malayan Banking Bhd.
1,474,940
3,932,177
Public Bank Bhd.
2,739,125
3,462,857
Sime Darby Bhd.
3,154,300
1,665,836
Tenaga Nasional Bhd.
984,700
3,517,809
 
16,472,448
 
Mexico 3.7%
America Movil SAB de CV, Series B
9,747,487
12,421,088
Cemex SAB de CV, Series CPO
6,829,483
8,087,572
Fomento Economico Mexicano SAB de
CV
901,375
11,525,130
Grupo Bimbo SAB de CV, Series A
576,035
2,060,748
Grupo Comercial Chedraui SA de CV
232,072
1,211,982
Grupo Financiero Banorte SAB de CV,
O Shares
872,557
10,105,227
Grupo Mexico SAB de CV, Series B
893,126
10,711,633
Grupo Televisa SAB, Series CPO *
3,542,994
2,006,800
Orbia Advance Corp. SAB de CV *
1,271,572
1,794,349
SECURITY
NUMBER
OF SHARES
VALUE ($)
Sigma Foods SAB de CV, A Shares
2,250,467
2,294,711
Wal-Mart de Mexico SAB de CV
1,867,718
5,418,911
 
67,638,151
 
Netherlands 0.2%
JBS NV
330,186
4,605,141
 
Qatar 0.4%
Ooredoo QPSC
443,295
1,522,446
Qatar Fuel QSC
311,489
1,189,151
Qatar Islamic Bank QPSC
208,629
1,245,887
Qatar National Bank QPSC
735,111
3,348,660
 
7,306,144
 
Saudi Arabia 2.1%
Al Rajhi Bank
191,771
3,200,421
Riyad Bank
363,091
1,969,355
Saudi Arabian Mining Co. *
121,229
1,831,006
Saudi Arabian Oil Co.
1,917,372
13,527,499
Saudi Basic Industries Corp.
432,649
5,729,260
Saudi Energy Co.
472,483
2,137,842
Saudi National Bank
382,733
4,005,076
Saudi Telecom Co.
491,847
5,649,921
 
38,050,380
 
South Africa 4.7%
Absa Group Ltd.
364,521
5,024,143
Bid Corp. Ltd.
120,402
3,299,727
Bidvest Group Ltd.
149,598
2,244,592
FirstRand Ltd.
1,417,522
8,477,591
Gold Fields Ltd.
108,252
3,495,775
Impala Platinum Holdings Ltd.
499,621
5,448,963
MTN Group Ltd.
792,059
9,819,208
Nedbank Group Ltd.
242,145
4,098,566
Pepkor Holdings Ltd.
890,703
1,146,425
Sanlam Ltd.
472,314
2,512,337
Sappi Ltd. *
939,580
675,627
Sasol Ltd. *
1,042,827
12,357,924
Shoprite Holdings Ltd.
170,389
2,963,571
Sibanye Stillwater Ltd.
1,350,467
2,918,647
Standard Bank Group Ltd.
430,328
8,568,699
Valterra Platinum Ltd.
149,513
11,195,629
Vodacom Group Ltd.
226,818
2,197,167
 
86,444,591
 
Taiwan 22.8%
Acer, Inc.
2,643,496
2,342,425
ASE Technology Holding Co. Ltd.
947,000
16,160,076
Asustek Computer, Inc.
313,041
7,767,332
AUO Corp.
7,456,440
5,459,878
Catcher Technology Co. Ltd.
124,000
696,614
Cathay Financial Holding Co. Ltd.
1,682,622
5,236,791
Chailease Holding Co. Ltd.
694,102
2,382,813
China Steel Corp.
7,926,198
4,637,413
Chunghwa Telecom Co. Ltd.
1,158,956
4,982,871
Compal Electronics, Inc.
5,631,305
6,192,930
CTBC Financial Holding Co. Ltd.
3,934,201
7,852,404
Delta Electronics, Inc.
130,590
6,424,717
Eva Airways Corp.
1,944,000
2,593,637
Evergreen Marine Corp. Taiwan Ltd.
1,710,000
10,746,720
Far Eastern New Century Corp.
1,972,817
1,653,159
First Financial Holding Co. Ltd.
2,364,605
2,686,331
Formosa Chemicals & Fibre Corp.
3,063,442
5,334,487
Formosa Plastics Corp.
3,204,732
5,388,670
46
  

Schwab Fundamental Emerging Markets Equity Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Fubon Financial Holding Co. Ltd.
1,885,134
7,514,089
Hon Hai Precision Industry Co. Ltd.
6,541,572
49,958,026
Innolux Corp.
8,500,411
11,665,578
Inventec Corp.
1,584,639
2,975,346
KGI Financial Holding Co. Ltd.
4,387,760
4,145,472
Lite-On Technology Corp., ADR
469,167
2,973,243
MediaTek, Inc.
222,838
23,738,416
Mega Financial Holding Co. Ltd.
1,846,213
3,026,263
Micro-Star International Co. Ltd.
637,000
2,759,968
Nan Ya Plastics Corp.
2,446,622
11,624,714
Novatek Microelectronics Corp.
256,000
4,045,974
Pegatron Corp.
2,043,264
5,287,103
Pou Chen Corp.
1,934,267
1,431,047
Powertech Technology, Inc.
333,000
2,380,821
Quanta Computer, Inc.
640,500
5,697,827
Realtek Semiconductor Corp.
111,000
2,301,784
Synnex Technology International Corp.
1,032,850
2,962,251
Taiwan Mobile Co. Ltd. *
597,196
2,074,079
Taiwan Semiconductor Manufacturing
Co. Ltd.
1,470,803
108,788,295
TCC Group Holdings Co. Ltd. *
3,680,926
2,756,142
TS Financial Holding Co. Ltd.
3,106,760
3,420,866
Unimicron Technology Corp.
231,683
5,435,971
Uni-President Enterprises Corp.
1,662,678
3,780,871
United Microelectronics Corp.
4,497,965
16,827,325
Wan Hai Lines Ltd.
1,078,000
2,811,892
Wistron Corp.
1,223,682
6,562,598
WPG Holdings Ltd. *
1,370,880
4,700,050
WT Microelectronics Co. Ltd.
376,000
2,269,331
Yageo Corp.
288,068
4,335,798
Yang Ming Marine Transport Corp.
2,792,000
4,367,908
Yuanta Financial Holding Co. Ltd.
2,884,917
6,018,478
Zhen Ding Technology Holding Ltd.
312,000
3,914,649
 
421,091,443
 
Thailand 3.0%
Advanced Info Service PCL NVDR
204,475
2,322,606
Bangkok Bank PCL NVDR
730,300
4,180,689
Banpu PCL NVDR (b)
17,565,000
3,050,895
Charoen Pokphand Foods PCL NVDR
3,649,000
2,449,109
CP ALL PCL NVDR
1,536,500
2,202,886
Kasikornbank PCL NVDR
844,700
6,162,996
PTT Exploration & Production PCL
NVDR
768,100
3,439,987
PTT Global Chemical PCL NVDR
3,202,000
3,508,445
PTT PCL NVDR
14,083,770
16,235,317
SCB X PCL NVDR
999,500
4,571,054
Siam Cement PCL NVDR
573,500
4,352,163
Thai Oil PCL NVDR
1,488,685
2,913,028
 
55,389,175
 
Turkey 1.7%
Akbank TAS
1,908,684
2,539,231
BIM Birlesik Magazalar AS
446,064
3,663,725
Eregli Demir ve Celik Fabrikalari TAS
3,841,258
3,433,504
KOC Holding AS
1,398,154
5,784,594
Turk Hava Yollari AO
599,088
3,954,619
Turkcell Iletisim Hizmetleri AS
810,488
1,708,165
Turkiye Is Bankasi AS, Class C
6,123,439
1,604,466
Turkiye Petrol Rafinerileri AS
1,003,815
6,252,858
Yapi ve Kredi Bankasi AS *
2,626,234
1,807,049
 
30,748,211
 
United Arab Emirates 0.7%
Dubai Electricity & Water Authority PJSC
1,810,950
1,350,722
Emaar Properties PJSC
970,109
2,895,358
SECURITY
NUMBER
OF SHARES
VALUE ($)
Emirates NBD Bank PJSC
354,884
2,914,733
Emirates Telecommunications Group Co.
PJSC
761,385
4,217,308
First Abu Dhabi Bank PJSC
385,234
2,029,004
 
13,407,125
 
United Kingdom 0.1%
Metlen Energy & Metals PLC
22,403
1,195,334
 
United States 0.3%
Yum China Holdings, Inc.
106,194
5,116,427
Total Common Stocks
(Cost $1,206,348,014)
1,757,179,869
 
PREFERRED STOCKS 5.0% OF NET ASSETS
 
Brazil 4.6%
Axia Energia SA, Class C *
48,789
500,576
Banco Bradesco SA
2,418,326
8,792,351
Cia Energetica de Minas Gerais
1,120,461
2,506,540
Gerdau SA
1,679,203
8,274,857
Itau Unibanco Holding SA
1,591,913
13,469,151
Localiza Rent a Car SA
10,823
77,994
Metalurgica Gerdau SA
2,155,856
4,644,161
Petroleo Brasileiro SA - Petrobras
5,447,415
46,660,044
 
84,925,674
 
Chile 0.2%
Sociedad Quimica y Minera de Chile SA,
B Shares
56,387
3,802,597
 
Colombia 0.2%
Grupo Cibest SA
128,899
3,043,713
Total Preferred Stocks
(Cost $57,064,977)
91,771,984
 
 
 
 
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS
 
Money Market Funds 0.2%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 3.62% (c)(d)
4,941,610
4,941,610
Total Short-Term Investments
(Cost $4,941,610)
4,941,610
Total Investments in Securities
(Cost $1,268,354,601)
1,853,893,463
 
*
Non-income producing security.
(a)
All or a portion of this security is on loan.
(b)
Fair valued using significant unobservable inputs.
(c)
The rate shown is the annualized 7-day yield.
(d)
Security purchased with cash collateral received for securities on loan.
Securities on loan were valued at $4,745,910.
 
ADR —
American Depositary Receipt
NVDR —
Non-Voting Depositary Receipt
 
  
47

Schwab Fundamental Emerging Markets Equity Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2026:  
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$—
$711,866,598
$—
$711,866,598
Brazil
154,063,702
—
—
154,063,702
Chile
7,164,946
—
—
7,164,946
China
75,281,373
496,212,752
—
571,494,125
Colombia
6,866,097
—
—
6,866,097
Czech Republic
2,220,009
—
—
2,220,009
Greece
2,905,334
5,051,485
—
7,956,819
Hungary
5,656,088
5,038,747
—
10,694,835
Indonesia
4,071,405
16,231,324
—
20,302,729
Mexico
67,638,151
—
—
67,638,151
Netherlands
4,605,141
—
—
4,605,141
Qatar
1,189,151
6,116,993
—
7,306,144
Saudi Arabia
5,649,921
32,400,459
—
38,050,380
South Africa
12,783,424
73,661,167
—
86,444,591
Thailand
—
52,338,280
3,050,895
55,389,175
United States
5,116,427
—
—
5,116,427
Preferred Stocks1
91,771,984
—
—
91,771,984
Short-Term Investments1
4,941,610
—
—
4,941,610
Total
$451,924,763
$1,398,917,805
$3,050,895
$1,853,893,463
 
1
As categorized in the Portfolio Holdings.
48
  

Schwab Fundamental 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. Securities that are primarily traded on foreign exchanges are valued at the official closing price or the last sales price on the exchange where the securities are principally traded with these values then translated into U.S. dollars at the current exchange rate, unless these securities are fair valued as discussed below.
● Foreign equity security fair valuation: The Valuation Designee has adopted procedures to fair value foreign equity securities that are traded in markets that close prior to the valuation of a fund’s holdings. By fair valuing securities whose prices may have been affected by events occurring after the close of trading, the Valuation Designee seeks to establish prices that investors might expect to realize upon the current sales of these securities. This methodology is designed to deter “arbitrage” market timers, who seek to exploit delays between the change in the value of a fund’s portfolio holdings and the net asset value of a fund’s shares and seeks to help ensure that the prices at which a fund’s shares are purchased and redeemed are fair and do not result in dilution of shareholder interest or other harm to shareholders. When fair value pricing is used at the open or close of a reporting period, it may cause a temporary divergence between the return of a fund and that of its comparative index or benchmark.
● Futures contracts: Futures contracts are valued at their settlement prices as of the close of their exchanges.
● 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. In addition, international securities whose markets close
  
49

Schwab Fundamental Index Funds
Notes to Portfolio Holdings (Unaudited) (continued)
hours before the valuation of a fund’s holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of foreign markets. The Valuation Designee has approved a vendor that calculates fair valuations of international equity securities based on a number of factors that appear to correlate to the movements in the U.S. markets.
● 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.
REG87631JUL26
50