Schwab Capital Trust
Schwab Core Equity Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.8% OF NET ASSETS
 
Banks 1.8%
JPMorgan Chase & Co.
48,793
17,164,890
PNC Financial Services Group, Inc.
35,315
8,824,159
 
25,989,049
 
Capital Goods 7.8%
Caterpillar, Inc.
34,093
27,779,317
Fastenal Co.
158,636
7,568,524
GE Vernova, Inc.
19,266
19,078,927
Parker-Hannifin Corp.
12,337
12,047,451
Rockwell Automation, Inc.
41,948
20,138,396
RTX Corp.
93,611
20,146,959
WESCO International, Inc.
25,447
8,740,790
 
115,500,364
 
Commercial & Professional Services 2.5%
Cintas Corp.
41,793
8,552,102
Republic Services, Inc., Class A
80,544
16,958,539
Rollins, Inc.
300,160
11,397,075
 
36,907,716
 
Consumer Discretionary Distribution & Retail 6.1%
Amazon.com, Inc. *
239,000
64,907,620
TJX Cos., Inc.
161,534
25,415,760
 
90,323,380
 
Consumer Services 0.5%
Booking Holdings, Inc.
41,525
8,010,173
 
Consumer Staples Distribution & Retail 0.7%
Walmart, Inc.
91,185
10,139,772
 
Energy 2.5%
EOG Resources, Inc.
55,679
8,278,910
ExxonMobil Holdings Corp.
188,708
29,332,772
 
37,611,682
 
Financial Services 9.3%
Blackrock, Inc.
18,051
19,682,630
Fidelity National Information Services,
Inc.
873,317
39,098,402
Interactive Brokers Group, Inc., Class A
114,796
10,100,900
Morgan Stanley
81,764
17,204,781
MSCI, Inc., Class A
16,026
9,170,718
Visa, Inc., Class A
114,272
41,838,408
 
137,095,839
 
Food, Beverage & Tobacco 0.7%
Constellation Brands, Inc., Class A
77,010
10,029,012
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Health Care Equipment & Services 3.3%
Abbott Laboratories
129,177
13,654,009
Becton Dickinson & Co.
104,044
17,231,768
Boston Scientific Corp. *
185,329
8,660,424
Intuitive Surgical, Inc. *
28,025
9,902,073
 
49,448,274
 
Household & Personal Products 1.2%
Procter & Gamble Co.
120,494
17,410,178
 
Insurance 0.5%
Marsh & McLennan Cos., Inc.
34,710
6,584,140
 
Materials 1.3%
Ecolab, Inc.
71,472
19,842,771
 
Media & Entertainment 12.1%
Alphabet, Inc., Class A
350,004
124,646,924
Meta Platforms, Inc., Class A
97,336
54,187,925
 
178,834,849
 
Pharmaceuticals, Biotechnology & Life Sciences 4.7%
Eli Lilly & Co.
36,229
41,621,324
Thermo Fisher Scientific, Inc.
30,522
17,528,785
Zoetis, Inc.
137,201
10,604,265
 
69,754,374
 
Semiconductors & Semiconductor Equipment 20.9%
ASML Holding NV, Registry Shares
13,768
22,428,072
Broadcom, Inc.
200,530
78,062,319
KLA Corp.
39,550
7,230,531
Micron Technology, Inc.
40,841
33,613,368
NVIDIA Corp.
777,296
156,042,172
Taiwan Semiconductor Manufacturing
Co. Ltd., ADR
28,389
11,476,253
 
308,852,715
 
Software & Services 10.6%
International Business Machines Corp.
82,580
18,469,017
Microsoft Corp.
283,416
131,709,084
Palo Alto Networks, Inc. *
20,458
6,788,578
 
156,966,679
 
Technology Hardware & Equipment 11.0%
Apple, Inc.
377,891
116,734,309
Arista Networks, Inc. *
125,580
22,648,353
Motorola Solutions, Inc.
25,666
11,183,959
Sandisk Corp. *
9,482
11,519,018
 
162,085,639
 
  
1
Schwab Core Equity Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Transportation 1.3%
Uber Technologies, Inc. *
265,879
18,707,246
 
Utilities 1.0%
Duke Energy Corp.
119,908
15,040,060
Total Common Stocks
(Cost $719,757,600)
1,475,133,912
 
 
 
 
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% (a)
4,778,236
4,778,236
Total Short-Term Investments
(Cost $4,778,236)
4,778,236
Total Investments in Securities
(Cost $724,535,836)
1,479,912,148
 
*
Non-income producing security.
(a)
The rate shown is the annualized 7-day yield.
 
ADR —
American Depositary Receipt
 
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
$1,475,133,912
$—
$—
$1,475,133,912
Short-Term Investments1
4,778,236
—
—
4,778,236
Total
$1,479,912,148
$—
$—
$1,479,912,148
 
1
As categorized in the Portfolio Holdings.
2
  
Schwab Capital Trust
Schwab Dividend Equity Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.3% OF NET ASSETS
 
Banks 8.3%
Bank of America Corp.
215,000
13,319,250
JPMorgan Chase & Co.
75,000
26,384,250
PNC Financial Services Group, Inc.
35,000
8,745,450
Truist Financial Corp.
130,000
6,739,200
 
55,188,150
 
Capital Goods 9.8%
Caterpillar, Inc.
9,000
7,333,290
Fastenal Co.
124,000
5,916,040
General Dynamics Corp.
15,000
5,751,300
Illinois Tool Works, Inc.
18,500
5,308,575
Lockheed Martin Corp.
20,000
11,654,800
Parker-Hannifin Corp.
13,000
12,694,890
Rockwell Automation, Inc.
9,750
4,680,780
RTX Corp.
43,000
9,254,460
Watsco, Inc.
8,000
2,474,400
 
65,068,535
 
Consumer Discretionary Distribution & Retail 4.4%
Genuine Parts Co.
35,000
4,352,950
Home Depot, Inc.
36,000
11,950,560
TJX Cos., Inc.
80,000
12,587,200
 
28,890,710
 
Consumer Services 3.5%
Booking Holdings, Inc.
35,000
6,751,500
McDonald's Corp.
47,000
12,720,080
Service Corp. International
40,000
3,447,600
 
22,919,180
 
Consumer Staples Distribution & Retail 2.6%
Walmart, Inc.
155,000
17,236,000
 
Energy 8.6%
Chevron Corp.
85,000
16,730,550
EOG Resources, Inc.
60,000
8,921,400
ExxonMobil Holdings Corp.
150,000
23,316,000
Kinder Morgan, Inc.
260,000
8,366,800
 
57,334,750
 
Equity Real Estate Investment Trusts (REITs) 2.7%
AvalonBay Communities, Inc.
20,000
3,712,200
Lamar Advertising Co., Class A
40,000
6,398,400
Public Storage
25,000
8,104,250
 
18,214,850
 
Financial Services 8.6%
Blackrock, Inc.
14,000
15,265,460
CME Group, Inc.
14,000
3,749,060
Fidelity National Information Services, Inc.
155,000
6,939,350
SECURITY
NUMBER
OF SHARES
VALUE ($)
Morgan Stanley
113,000
23,777,460
Visa, Inc., Class A
19,000
6,956,470
 
56,687,800
 
Food, Beverage & Tobacco 7.1%
Altria Group, Inc.
85,000
5,808,050
Coca-Cola Co.
245,000
21,459,550
Philip Morris International, Inc.
105,000
20,036,100
 
47,303,700
 
Health Care Equipment & Services 4.9%
Abbott Laboratories
72,000
7,610,400
Becton Dickinson & Co.
31,000
5,134,220
CVS Health Corp.
50,000
5,221,500
Elevance Health, Inc.
20,000
7,516,800
Medtronic PLC
85,000
7,258,150
 
32,741,070
 
Household & Personal Products 1.8%
Procter & Gamble Co.
82,000
11,848,180
 
Insurance 1.8%
Allstate Corp.
26,000
6,866,080
Cincinnati Financial Corp.
30,000
5,330,400
 
12,196,480
 
Materials 0.6%
PPG Industries, Inc.
35,000
3,868,200
 
Media & Entertainment 3.1%
Alphabet, Inc., Class A
45,000
16,025,850
Meta Platforms, Inc., Class A
5,000
2,783,550
Omnicom Group, Inc.
20,000
1,574,000
 
20,383,400
 
Pharmaceuticals, Biotechnology & Life Sciences 7.1%
AbbVie, Inc.
70,000
17,565,800
Johnson & Johnson
72,310
18,536,669
Merck & Co., Inc.
50,000
6,510,000
Pfizer, Inc.
170,000
4,251,700
 
46,864,169
 
Semiconductors & Semiconductor Equipment 5.2%
Broadcom, Inc.
60,000
23,356,800
NVIDIA Corp.
15,000
3,011,250
Texas Instruments, Inc.
30,000
8,272,200
 
34,640,250
 
  
3
Schwab Dividend Equity Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Software & Services 5.9%
Accenture PLC, Class A
30,000
4,977,600
International Business Machines Corp.
55,000
12,300,750
Microsoft Corp.
47,000
21,841,840
 
39,120,190
 
Technology Hardware & Equipment 4.9%
Apple, Inc.
26,000
8,031,660
Cisco Systems, Inc.
150,000
17,398,500
Dell Technologies, Inc., Class C
9,000
3,648,330
NetApp, Inc.
20,000
3,570,000
 
32,648,490
 
Telecommunication Services 2.9%
Comcast Corp., Class A
260,000
6,229,600
Verizon Communications, Inc.
275,000
12,872,750
 
19,102,350
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Transportation 0.9%
Union Pacific Corp.
20,000
5,842,600
 
Utilities 4.6%
Duke Energy Corp.
127,500
15,992,325
Eversource Energy
80,000
5,727,200
NextEra Energy, Inc.
100,000
8,692,000
 
30,411,525
Total Common Stocks
(Cost $392,022,528)
658,510,579
Total Investments in Securities
(Cost $392,022,528)
658,510,579
 
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
$658,510,579
$—
$—
$658,510,579
Total
$658,510,579
$—
$—
$658,510,579
 
1
As categorized in the Portfolio Holdings.
4
  
Schwab Capital Trust
Schwab Large-Cap Growth Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.8% OF NET ASSETS
 
Automobiles & Components 2.6%
Tesla, Inc. *
50,076
15,584,152
 
Banks 0.7%
Citigroup, Inc.
32,348
4,284,493
 
Capital Goods 7.2%
Caterpillar, Inc.
9,110
7,422,919
GE Vernova, Inc.
6,797
6,731,001
General Electric Co.
33,153
11,937,401
Howmet Aerospace, Inc.
11,170
3,152,844
Parker-Hannifin Corp.
3,213
3,137,591
Quanta Services, Inc.
8,644
5,768,660
Vertiv Holdings Co., Class A
21,251
5,133,604
 
43,284,020
 
Consumer Discretionary Distribution & Retail 7.1%
Amazon.com, Inc. *
113,179
30,737,153
Home Depot, Inc.
18,915
6,279,024
TJX Cos., Inc.
36,157
5,688,942
 
42,705,119
 
Consumer Services 1.7%
Booking Holdings, Inc.
16,430
3,169,347
Marriott International, Inc., Class A
12,822
4,780,426
Royal Caribbean Cruises Ltd.
6,321
2,011,975
 
9,961,748
 
Consumer Staples Distribution & Retail 1.7%
Costco Wholesale Corp.
8,843
8,417,563
Walmart, Inc.
17,480
1,943,776
 
10,361,339
 
Energy 0.4%
TechnipFMC PLC
32,388
2,320,924
 
Financial Services 4.7%
American Express Co.
18,405
6,188,681
Interactive Brokers Group, Inc., Class A
37,736
3,320,390
Mastercard, Inc., Class A
14,260
8,172,406
Visa, Inc., Class A
29,259
10,712,598
 
28,394,075
 
Food, Beverage & Tobacco 0.6%
Coca-Cola Co.
40,650
3,560,533
 
Health Care Equipment & Services 0.5%
CVS Health Corp.
26,987
2,818,252
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Media & Entertainment 13.4%
Alphabet, Inc., Class A
133,454
47,526,973
Meta Platforms, Inc., Class A
38,871
21,639,875
Netflix, Inc. *
93,209
6,684,017
Spotify Technology SA *
9,137
4,567,952
 
80,418,817
 
Pharmaceuticals, Biotechnology & Life Sciences 5.2%
AbbVie, Inc.
29,201
7,327,699
Eli Lilly & Co.
20,541
23,598,322
 
30,926,021
 
Semiconductors & Semiconductor Equipment 25.2%
Advanced Micro Devices, Inc. *
29,609
14,098,325
Broadcom, Inc.
82,306
32,040,080
KLA Corp.
43,396
7,933,657
Lam Research Corp.
39,699
11,632,601
Micron Technology, Inc.
20,062
16,511,628
NVIDIA Corp.
322,560
64,753,920
Texas Instruments, Inc.
13,210
3,642,525
 
150,612,736
 
Software & Services 12.6%
Cadence Design Systems, Inc. *
18,873
6,417,198
Crowdstrike Holdings, Inc., Class A *
51,012
9,736,150
Microsoft Corp.
75,168
34,932,073
Palantir Technologies, Inc., Class A *
52,055
6,405,888
Palo Alto Networks, Inc. *
43,500
14,434,605
ServiceNow, Inc. *
29,555
3,287,403
 
75,213,317
 
Technology Hardware & Equipment 15.4%
Amphenol Corp., Class A
64,479
10,361,775
Apple, Inc.
148,119
45,755,440
Arista Networks, Inc. *
57,793
10,422,968
Corning, Inc.
31,750
4,389,438
Dell Technologies, Inc., Class C
18,154
7,359,087
Lumentum Holdings, Inc. *
2,948
2,104,695
Motorola Solutions, Inc.
6,155
2,682,041
Sandisk Corp. *
4,867
5,912,578
Western Digital Corp.
5,748
3,131,740
 
92,119,762
 
Telecommunication Services 0.2%
Space Exploration Technologies Corp.,
Class A *(a)
9,101
986,275
 
Transportation 0.6%
Uber Technologies, Inc. *
52,644
3,704,032
Total Common Stocks
(Cost $249,361,575)
597,255,615
 
  
5
Schwab Large-Cap Growth Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS
 
Money Market Funds 0.1%
State Street Institutional U.S. Government
Money Market Fund, Premier Class
3.62% (b)(c)
989,438
989,438
Total Short-Term Investments
(Cost $989,438)
989,438
Total Investments in Securities
(Cost $250,351,013)
598,245,053
 
*
Non-income producing security.
(a)
All or a portion of this security is on loan.
(b)
The rate shown is the annualized 7-day yield.
(c)
Security purchased with cash collateral received for securities on loan.
Securities on loan were valued at $936,859.
 
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
$597,255,615
$—
$—
$597,255,615
Short-Term Investments1
989,438
—
—
989,438
Total
$598,245,053
$—
$—
$598,245,053
 
1
As categorized in the Portfolio Holdings.
6
  
Schwab Capital Trust
Schwab Small-Cap Equity Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 97.5% OF NET ASSETS
 
Automobiles & Components 1.4%
Adient PLC *
182,575
3,841,378
Dana, Inc.
14,116
380,144
Garrett Motion, Inc.
62,188
1,937,156
Phinia, Inc.
9,734
716,325
Strattec Security Corp. *
17,272
1,518,036
Versigent PLC *
27,372
1,131,832
 
9,524,871
 
Banks 10.1%
Ameris Bancorp
6,048
527,446
Associated Banc-Corp.
304,563
9,404,906
Axos Financial, Inc. *
93,175
9,448,877
BankUnited, Inc.
122,514
5,715,278
Customers Bancorp, Inc. *
66,466
5,229,545
Enterprise Financial Services Corp.
28,917
1,917,486
First Financial Corp.
74,187
5,975,763
Great Southern Bancorp, Inc.
81,740
6,564,540
Hancock Whitney Corp.
10,992
846,384
Hope Bancorp, Inc.
66,238
927,994
International Bancshares Corp.
96,459
7,382,972
OceanFirst Financial Corp.
17,636
340,551
Pathward Financial, Inc.
8,910
786,218
Red River Bancshares, Inc.
8,237
828,230
Texas Capital Bancshares, Inc.
20,246
2,001,317
UMB Financial Corp.
5,957
868,114
Valley National Bancorp
100,945
1,442,504
WaFd, Inc.
26,338
968,448
WSFS Financial Corp.
65,022
5,214,764
 
66,391,337
 
Capital Goods 12.4%
AAR Corp. *
41,811
5,855,212
Allient, Inc.
29,487
2,578,933
Apogee Enterprises, Inc.
27,854
1,103,018
Applied Industrial Technologies, Inc.
4,602
1,588,656
Argan, Inc.
2,422
1,381,581
Astronics Corp. *
31,718
2,204,084
Astronics Corp., Class B *
6,102
421,160
Atkore, Inc.
51,037
3,723,660
Atmus Filtration Technologies, Inc.
76,485
3,948,921
Bloom Energy Corp., Class A *
3,693
760,056
Blue Bird Corp. *
29,115
2,165,865
CECO Environmental Corp. *
11,459
755,033
Comfort Systems USA, Inc.
1,699
2,938,743
Douglas Dynamics, Inc.
32,801
1,447,508
Ducommun, Inc. *
11,337
2,029,550
EnerSys
29,926
5,567,732
ESCO Technologies, Inc.
1,451
457,486
Federal Signal Corp.
14,971
1,870,626
Griffon Corp.
34,869
3,004,662
Helios Technologies, Inc.
11,592
903,133
Innovative Solutions & Support, Inc. *
40,996
749,817
Kennametal, Inc.
43,919
1,491,928
Legence Corp., Class A *
6,960
444,953
Leonardo DRS, Inc.
26,379
1,214,753
SECURITY
NUMBER
OF SHARES
VALUE ($)
LSI Industries, Inc.
25,245
590,481
Mercury Systems, Inc. *
22,173
2,152,998
Modine Manufacturing Co. *
6,128
1,232,096
Moog, Inc., Class A
16,426
6,403,676
Mueller Water Products, Inc., Class A
52,079
1,314,474
MYR Group, Inc. *
6,572
2,189,922
Nextpower, Inc., Class A *
12,091
1,086,618
NWPX Infrastructure, Inc. *
1,707
210,098
Powell Industries, Inc.
5,088
1,061,764
Power Solutions International, Inc. *
23,072
637,018
Proto Labs, Inc. *
12,569
943,303
Resideo Technologies, Inc. *
17,933
615,102
SPX Technologies, Inc. *
3,053
670,500
Sterling Infrastructure, Inc. *
3,321
1,981,873
Tutor Perini Corp.
14,144
1,184,560
V2X, Inc. *
43,445
3,920,477
Vicor Corp. *
4,540
941,460
Watts Water Technologies, Inc., Class A
7,545
2,608,986
Xometry, Inc., Class A *
9,037
774,652
Zurn Elkay Water Solutions Corp., Class C
43,465
2,195,417
 
81,322,545
 
Commercial & Professional Services 1.8%
Brink's Co.
8,263
978,752
Cimpress PLC *
9,153
903,401
Concentrix Corp.
22,675
557,805
ExlService Holdings, Inc. *
20,242
686,811
IBEX Holdings Ltd. *
122,313
4,322,541
Legalzoom.com, Inc. *
106,076
834,818
Maximus, Inc.
12,463
750,896
TriNet Group, Inc.
23,153
1,524,162
Verra Mobility Corp., Class A *
201,357
1,065,179
 
11,624,365
 
Consumer Discretionary Distribution & Retail 1.5%
Designer Brands, Inc., Class A
76,484
461,963
Kohl's Corp.
65,421
1,252,158
RealReal, Inc. *
88,594
1,071,101
Revolve Group, Inc. *
28,309
710,839
Sally Beauty Holdings, Inc. *
201,481
3,016,171
Signet Jewelers Ltd.
20,465
1,901,199
Victoria's Secret & Co. *
20,127
1,784,862
 
10,198,293
 
Consumer Durables & Apparel 1.9%
Callaway Golf Co. *
25,430
469,438
Cavco Industries, Inc. *
1,573
860,478
Champion Homes, Inc. *
26,327
2,095,892
Installed Building Products, Inc.
14,735
3,285,021
Peloton Interactive, Inc., Class A *
232,929
1,488,416
Polaris, Inc.
23,646
1,586,174
Sonos, Inc. *
198,478
2,909,688
 
12,695,107
 
Consumer Services 4.2%
Accel Entertainment, Inc., Class A *
214,168
2,574,299
American Public Education, Inc. *
26,845
1,302,251
  
7
Schwab Small-Cap Equity Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
BJ's Restaurants, Inc. *
24,026
1,624,398
Brinker International, Inc. *
21,966
4,694,134
Cheesecake Factory, Inc.
28,675
2,908,219
Covista, Inc. *
2,146
267,928
El Pollo Loco Holdings, Inc. *
75,392
1,240,952
Frontdoor, Inc. *
32,939
2,392,360
Hilton Grand Vacations, Inc. *
44,893
2,071,363
Marriott Vacations Worldwide Corp.
5,924
577,649
Monarch Casino & Resort, Inc.
37,259
4,573,542
Navan, Inc., Class A *
32,641
868,904
Penn Entertainment, Inc. *
27,512
564,821
Rush Street Interactive, Inc. *
27,000
726,570
Super Group SGHC Ltd.
66,698
933,772
 
27,321,162
 
Consumer Staples Distribution & Retail 0.5%
Ingles Markets, Inc., Class A
5,587
502,886
United Natural Foods, Inc. *
54,083
2,749,039
 
3,251,925
 
Energy 5.7%
California Resources Corp.
42,760
2,250,031
CNX Resources Corp. *
11,890
425,662
CVR Energy, Inc.
39,542
1,408,486
Delek U.S. Holdings, Inc.
50,386
3,419,698
Forum Energy Technologies, Inc. *
35,499
2,224,722
Gulfport Energy Corp. *
13,025
2,101,844
Helix Energy Solutions Group, Inc. *
172,085
1,636,528
Helmerich & Payne, Inc.
66,960
2,314,807
Murphy Oil Corp.
121,071
4,811,362
National Energy Services Reunited Corp. *
16,111
434,353
Northern Oil & Gas, Inc.
35,879
758,841
Oil States International, Inc. *
232,450
1,885,170
Par Pacific Holdings, Inc. *
32,464
2,792,878
Patterson-UTI Energy, Inc.
74,326
778,936
PBF Energy, Inc., Class A
45,743
3,306,304
ProFrac Holding Corp., Class A *
245,388
991,368
Ranger Energy Services, Inc., Class A
56,689
909,858
Scorpio Tankers, Inc.
26,740
2,081,976
Teekay Corp. Ltd.
79,984
931,814
Transocean Ltd. *
190,931
1,015,753
W&T Offshore, Inc.
94,193
338,153
World Kinect Corp.
9,654
384,808
 
37,203,352
 
Equity Real Estate Investment Trusts (REITs) 6.5%
American Assets Trust, Inc.
124,994
2,948,609
CBL & Associates Properties, Inc.
117,917
6,922,907
COPT Defense Properties
57,461
2,181,220
CTO Realty Growth, Inc.
149,585
3,286,382
DiamondRock Hospitality Co.
144,006
1,906,639
Innovative Industrial Properties, Inc.
45,467
2,673,914
Outfront Media, Inc.
202,795
6,463,077
Pebblebrook Hotel Trust
284,666
5,437,121
Piedmont Realty Trust, Inc., Class A *
357,657
3,465,696
Xenia Hotels & Resorts, Inc.
348,378
7,169,619
 
42,455,184
 
Financial Services 7.4%
Artisan Partners Asset Management, Inc.,
Class A
62,234
2,442,062
Atlanticus Holdings Corp. *
23,007
2,427,009
BGC Group, Inc., Class A
311,156
3,584,517
Bread Financial Holdings, Inc.
64,417
6,961,545
Donnelley Financial Solutions, Inc. *
65,491
3,097,724
SECURITY
NUMBER
OF SHARES
VALUE ($)
Enova International, Inc. *
25,031
6,361,378
Essent Group Ltd.
66,955
4,416,352
EVERTEC, Inc.
75,851
2,308,905
Jackson Financial, Inc., Class A
7,707
942,412
Marex Group Ltd.
30,126
1,955,780
NMI Holdings, Inc., Class A *
82,356
3,648,371
Pagseguro Digital Ltd., Class A
179,844
1,733,696
PROG Holdings, Inc.
22,686
998,638
Radian Group, Inc.
18,670
727,943
Regional Management Corp.
20,875
673,636
StoneX Group, Inc. *
21,717
1,662,871
Victory Capital Holdings, Inc., Class A
11,145
1,103,689
Virtus Investment Partners, Inc.
15,755
2,510,559
World Acceptance Corp. *
7,468
1,342,821
 
48,899,908
 
Food, Beverage & Tobacco 0.3%
Vita Coco Co., Inc. *
30,669
2,022,314
 
Health Care Equipment & Services 4.4%
agilon health, Inc. *
2,563
234,796
AMN Healthcare Services, Inc. *
38,084
1,280,765
AngioDynamics, Inc. *
34,907
516,275
BrightSpring Health Services, Inc. *
56,720
3,386,751
Concentra Group Holdings Parent, Inc.
27,211
861,228
Enovis Corp. *
29,701
865,784
Glaukos Corp. *
10,290
1,715,549
Haemonetics Corp. *
10,778
921,950
HealthEquity, Inc. *
31,642
3,183,502
HealthStream, Inc.
40,085
1,123,983
IRhythm Holdings, Inc. *
5,160
604,597
LivaNova PLC *
38,432
3,079,940
Merit Medical Systems, Inc. *
33,259
2,827,348
Novocure Ltd. *
28,953
429,663
OmniAb, Inc., Class A *(a)
5,508
0
OmniAb, Inc., Class B *(a)
5,508
0
Progyny, Inc. *
68,740
2,139,876
Tactile Systems Technology, Inc. *
87,523
2,465,523
Teladoc Health, Inc. *
193,482
1,298,264
Tenet Healthcare Corp. *
2,824
719,499
Varex Imaging Corp. *
100,299
1,122,346
 
28,777,639
 
Household & Personal Products 0.4%
Herbalife Ltd. *
208,491
2,589,458
 
Insurance 1.0%
CNO Financial Group, Inc.
52,433
2,888,534
Pelagos Insurance Capital Ltd.
74,137
1,874,925
Slide Insurance Holdings, Inc. *
26,564
530,483
Universal Insurance Holdings, Inc.
35,935
1,570,719
 
6,864,661
 
Materials 3.8%
Ashland, Inc.
14,743
1,070,489
Century Aluminum Co. *
19,775
885,327
Chemours Co.
93,090
1,546,225
Coeur Mining, Inc.
38,141
568,682
Commercial Metals Co.
51,148
3,514,890
Compass Minerals International, Inc. *
41,475
1,216,876
Constellium SE, Class A *
131,968
3,666,071
HB Fuller Co.
26,556
1,468,547
Hecla Mining Co.
70,340
993,201
Kaiser Aluminum Corp.
3,576
571,016
8
  
Schwab Small-Cap Equity Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Koppers Holdings, Inc.
22,883
1,121,725
Materion Corp.
3,187
671,947
Mativ Holdings, Inc.
178,260
1,556,210
Minerals Technologies, Inc.
10,159
774,522
Myers Industries, Inc.
20,092
686,343
Novagold Resources, Inc. *
92,535
539,479
O-I Glass, Inc. *
125,656
898,440
Quaker Chemical Corp.
2,929
470,163
SSR Mining, Inc. *
77,809
1,993,467
Warrior Met Coal, Inc.
13,481
1,070,526
 
25,284,146
 
Media & Entertainment 1.2%
AMC Global Media, Inc., Class A *
49,292
552,071
Cargurus, Inc. *
31,488
1,141,125
IMAX Corp. *
11,606
555,231
John Wiley & Sons, Inc., Class A
30,420
1,587,924
Madison Square Garden Entertainment
Corp., Class A *
16,220
1,253,157
Stagwell, Inc., Class A *
138,906
1,173,756
Stubhub Holdings, Inc., Class A *
87,070
734,871
ZoomInfo Technologies, Inc., Class A *
324,614
1,071,226
 
8,069,361
 
Pharmaceuticals, Biotechnology & Life Sciences 15.5%
10X Genomics, Inc., Class A *
35,690
1,687,066
Adaptive Biotechnologies Corp. *
59,058
1,332,939
Agios Pharmaceuticals, Inc. *
17,298
519,286
Alkermes PLC *
51,711
2,533,322
Amneal Pharmaceuticals, Inc. *
160,931
2,948,256
AnaptysBio, Inc. *
18,739
999,913
ANI Pharmaceuticals, Inc. *
35,936
2,847,569
Arcus Biosciences, Inc. *
77,892
2,195,775
Arcutis Biotherapeutics, Inc. *
111,228
2,987,584
Ardelyx, Inc. *
257,774
1,275,981
Arrowhead Pharmaceuticals, Inc. *
13,006
1,100,958
Aurinia Pharmaceuticals, Inc. *
113,136
1,683,464
Axsome Therapeutics, Inc. *
6,311
1,375,735
Beam Therapeutics, Inc. *
75,850
1,935,692
BioCryst Pharmaceuticals, Inc. *
208,328
1,870,785
Bridgebio Pharma, Inc. *
45,696
3,659,793
C4 Therapeutics, Inc. *
215,096
748,534
CareDx, Inc. *
86,362
3,774,883
Cogent Biosciences, Inc. *
20,250
788,333
Collegium Pharmaceutical, Inc. *
55,392
1,960,323
Dianthus Therapeutics, Inc. *
11,468
1,226,159
Emergent BioSolutions, Inc. *
105,235
759,797
Enanta Pharmaceuticals, Inc. *
76,714
966,596
Erasca, Inc. *
45,513
826,061
First Tracks Biotherapeutics, Inc. *
28,485
1,254,479
Fortrea Holdings, Inc. *
63,024
1,208,170
GRAIL, Inc. *
8,432
578,098
Harmony Biosciences Holdings, Inc. *
46,531
1,639,752
Indivior Pharmaceuticals, Inc. *
117,152
4,687,252
Intellia Therapeutics, Inc. *
126,571
1,351,778
Kiniksa Pharmaceuticals International PLC *
23,745
1,765,203
Kodiak Sciences, Inc. *
15,531
645,779
Krystal Biotech, Inc. *
6,381
2,176,687
Ligand Pharmaceuticals, Inc. *
2,087
600,096
Liquidia Corp. *
10,293
865,744
Madrigal Pharmaceuticals, Inc. *
3,186
1,488,882
Medpace Holdings, Inc. *
1,894
1,093,046
Mesa Laboratories, Inc.
4,588
462,516
MiMedx Group, Inc. *
438,707
1,811,860
Mirum Pharmaceuticals, Inc. *
36,305
3,846,515
Myriad Genetics, Inc. *
408,752
1,169,031
Organogenesis Holdings, Inc., Class A *
341,648
809,706
SECURITY
NUMBER
OF SHARES
VALUE ($)
Oruka Therapeutics, Inc. *
8,672
836,935
Pacira BioSciences, Inc. *
89,675
2,368,317
Phibro Animal Health Corp., Class A
64,996
2,361,305
Praxis Precision Medicines, Inc. *
2,548
784,351
PTC Therapeutics, Inc. *
13,086
889,979
Relay Therapeutics, Inc. *
63,798
1,201,316
Rhythm Pharmaceuticals, Inc. *
20,260
2,010,805
Spyre Therapeutics, Inc. *
13,994
1,376,030
Supernus Pharmaceuticals, Inc. *
45,061
2,011,072
Sutro Biopharma, Inc. *
28,234
682,416
Syndax Pharmaceuticals, Inc. *
78,239
1,490,453
TG Therapeutics, Inc. *
23,081
1,200,904
Travere Therapeutics, Inc. *
48,336
2,701,499
Twist Bioscience Corp. *
29,847
2,732,493
Ultragenyx Pharmaceutical, Inc. *
25,242
628,778
UroGen Pharma Ltd. *
23,370
893,669
Vanda Pharmaceuticals, Inc. *
163,407
833,376
Veracyte, Inc. *
72,792
3,371,725
Vericel Corp. *
37,860
1,740,046
Vir Biotechnology, Inc. *
128,943
1,116,646
Xenon Pharmaceuticals, Inc. *
11,169
699,961
Zymeworks, Inc. *
25,477
558,965
 
101,950,439
 
Real Estate Management & Development 0.2%
Newmark Group, Inc., Class A
68,890
1,033,006
 
Semiconductors & Semiconductor Equipment 3.2%
ACM Research, Inc., Class A *
12,329
967,457
Aehr Test Systems *
9,818
785,244
Ambarella, Inc. *
23,142
1,990,212
Axcelis Technologies, Inc. *
20,188
2,632,111
Credo Technology Group Holding Ltd. *
2,238
463,244
Diodes, Inc. *
20,086
1,653,480
FormFactor, Inc. *
16,735
1,777,257
Impinj, Inc. *
4,417
668,557
PDF Solutions, Inc. *
19,246
887,048
Penguin Solutions, Inc. *
28,567
1,503,481
Photronics, Inc. *
98,132
2,972,418
Rigetti Computing, Inc. *
54,413
813,474
Semtech Corp. *
13,618
1,604,473
SiTime Corp. *
1,724
922,685
Ultra Clean Holdings, Inc. *
14,188
1,182,002
 
20,823,143
 
Software & Services 6.4%
8x8, Inc. *
264,099
501,788
Adeia, Inc.
23,060
614,549
Alarm.com Holdings, Inc. *
62,012
3,395,157
Appian Corp., Class A *
23,271
627,386
Asana, Inc., Class A *
201,498
1,676,463
Blackbaud, Inc. *
96,802
4,143,126
BlackLine, Inc. *
27,431
861,333
Box, Inc., Class A *
105,058
3,314,580
Clear Secure, Inc., Class A
5,283
291,833
Commvault Systems, Inc. *
9,612
1,132,294
Consensus Cloud Solutions, Inc. *
30,115
1,096,186
D-Wave Quantum, Inc. *
48,146
870,480
DXC Technology Co. *
79,916
898,256
eGain Corp. *
67,803
462,416
Everforth, Inc. *
24,626
700,363
Intapp, Inc. *
16,517
539,941
JFrog Ltd. *
19,778
1,578,087
Ooma, Inc. *
59,669
1,297,801
Progress Software Corp. *
57,292
2,325,482
Qualys, Inc. *
26,450
3,828,638
  
9
Schwab Small-Cap Equity Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Red Violet, Inc. *
20,210
1,402,170
RingCentral, Inc., Class A
48,733
2,710,529
Sprout Social, Inc., Class A *
91,752
787,232
Tenable Holdings, Inc. *
83,625
2,729,520
Teradata Corp. *
134,757
4,176,119
 
41,961,729
 
Technology Hardware & Equipment 4.8%
ADTRAN Holdings, Inc. *
107,683
916,382
Advanced Energy Industries, Inc.
7,843
2,270,705
Arlo Technologies, Inc. *
97,498
1,435,171
Bel Fuse, Inc., Class A
2,872
640,829
Belden, Inc.
23,727
2,943,334
Calix, Inc. *
23,076
828,428
Crane NXT Co.
10,095
524,435
Diebold Nixdorf, Inc. *
8,642
635,965
Extreme Networks, Inc. *
107,623
3,243,757
Fabrinet *
2,295
999,266
Insight Enterprises, Inc. *
6,341
817,545
IonQ, Inc. *
30,727
1,119,692
Itron, Inc. *
18,843
1,877,893
Knowles Corp. *
17,945
656,608
Napco Security Technologies, Inc.
60,354
2,237,926
nLight, Inc. *
26,585
1,829,048
Novanta, Inc. *
7,280
1,037,764
OSI Systems, Inc. *
5,063
1,120,898
Plexus Corp. *
4,159
1,045,323
Sanmina Corp. *
9,251
1,716,616
TTM Technologies, Inc. *
3,949
455,873
Viasat, Inc. *
22,092
1,699,538
Vishay Intertechnology, Inc.
46,219
1,581,614
 
31,634,610
 
Telecommunication Services 0.4%
IDT Corp., Class B
12,188
802,702
Lumen Technologies, Inc. *
245,043
1,563,374
 
2,366,076
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Transportation 1.0%
ArcBest Corp.
4,409
636,439
Costamare Bulkers Holdings Ltd. *
35,459
693,578
Matson, Inc.
20,109
4,073,882
SkyWest, Inc. *
14,054
1,503,357
 
6,907,256
 
Utilities 1.5%
Hallador Energy Co. *
67,963
966,434
Hawaiian Electric Industries, Inc. *
50,548
653,080
New Jersey Resources Corp.
73,383
4,248,142
Ormat Technologies, Inc.
3,749
365,827
Portland General Electric Co.
67,390
3,324,349
 
9,557,832
Total Common Stocks
(Cost $495,296,795)
640,729,719
Total Investments in Securities
(Cost $495,296,795)
640,729,719
 
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 2000 Index, e-mini,
expires 09/18/26
110
16,159,000
(207,408
)
 
*
Non-income producing security.
(a)
Fair valued using significant unobservable inputs.
 
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 0.0% OF NET ASSETS
 
Household & Personal Products 0.0%
Nu Skin Enterprises, Inc., Class A
$—
$—
($284,127
)
($20,668
)
($1,358
)
$—
—
$1,714
 
Media & Entertainment 0.0%
AMC Global Media, Inc., Class A *
—
—
(918,901
)
230,169
30,610
—
—
—
Gray Media, Inc.
—
255,780
(1,204,115
)
(130,645
)
192,501
—
—
28,599
 
—
Total
$—
$255,780
($2,407,143
)
$78,856
$221,753
$—
$30,313
 
*
Non-income producing security.
 
10
  
Schwab Small-Cap Equity 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 Stocks 1
$611,952,080
$—
$—
$611,952,080
Health Care Equipment & Services
28,777,639
—
0
*
28,777,639
Liabilities
Futures Contracts 2
(207,408
)
—
—
(207,408
)
Total
$640,522,311
$—
$0
$640,522,311
 
*
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.
  
11
Schwab Capital Trust
Schwab Health Care Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.0% OF NET ASSETS
 
Canada 0.2%
Aurinia Pharmaceuticals, Inc. *
75,100
1,117,488
 
China 0.1%
Consun Pharmaceutical Group Ltd.
193,000
337,347
 
Denmark 0.7%
Ascendis Pharma AS *
9,761
2,380,805
Novo Nordisk AS, Class B
45,699
2,161,635
 
4,542,440
 
France 2.6%
Ipsen SA
44,466
8,591,962
Sanofi SA
97,498
8,395,714
 
16,987,676
 
Ireland 1.2%
Jazz Pharmaceuticals PLC *
29,378
7,428,521
 
Japan 2.3%
Asahi Intecc Co. Ltd.
90,900
2,050,808
Astellas Pharma, Inc.
555,400
7,628,309
Chugai Pharmaceutical Co. Ltd.
28,000
1,214,958
Hoya Corp.
24,000
3,670,006
Medipal Holdings Corp.
17,900
322,316
 
14,886,397
 
Netherlands 0.7%
Koninklijke Philips NV
174,278
4,591,849
 
New Zealand 0.1%
Fisher & Paykel Healthcare Corp. Ltd.,
Class C
40,000
956,672
 
Republic of Korea 0.1%
Hugel, Inc. *
3,776
608,979
 
Sweden 0.3%
Ambea AB
94,458
1,431,787
Attendo AB
25,000
287,546
Elekta AB, B Shares
49,962
254,176
 
1,973,509
 
Switzerland 5.2%
Novartis AG
120,049
18,774,674
Roche Holding AG
33,618
14,694,171
 
33,468,845
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Taiwan 0.2%
Pegavision Corp. *
120,000
1,193,920
 
United Kingdom 3.4%
AstraZeneca PLC
42,820
7,284,123
GSK PLC
427,052
11,104,572
Hikma Pharmaceuticals PLC
30,760
656,660
Smith & Nephew PLC
168,675
2,638,577
 
21,683,932
 
United States 81.9%
Abbott Laboratories
97,408
10,296,026
AbbVie, Inc.
148,742
37,325,318
Agilent Technologies, Inc.
27,455
3,798,948
Align Technology, Inc. *
13,600
2,300,576
Amgen, Inc.
43,091
16,596,930
Amneal Pharmaceuticals, Inc. *
50,864
931,829
AnaptysBio, Inc. *
11,939
637,065
ANI Pharmaceuticals, Inc. *
43,420
3,440,601
Axsome Therapeutics, Inc. *
12,357
2,693,702
Becton Dickinson & Co.
48,036
7,955,722
BioCryst Pharmaceuticals, Inc. *
175,900
1,579,582
Biogen, Inc. *
5,732
1,163,309
BioMarin Pharmaceutical, Inc. *
49,405
2,965,288
Boston Scientific Corp. *
220,408
10,299,666
BrightSpring Health Services, Inc. *
79,281
4,733,869
Bristol-Myers Squibb Co.
240,303
15,694,189
Cardinal Health, Inc.
28,069
6,456,712
Cigna Group
34,774
9,703,685
CVS Health Corp.
58,631
6,122,835
Danaher Corp.
48,332
9,423,773
Dexcom, Inc. *
9,200
767,740
Elevance Health, Inc.
24,845
9,337,745
Eli Lilly & Co.
77,841
89,426,854
Exelixis, Inc. *
111,637
5,920,110
GE HealthCare Technologies, Inc.
2,800
190,456
Gilead Sciences, Inc.
159,968
20,829,433
Halozyme Therapeutics, Inc. *
8,998
742,695
HCA Healthcare, Inc.
12,961
5,217,969
HealthEquity, Inc. *
62,072
6,245,064
IDEXX Laboratories, Inc. *
10,363
5,793,642
Incyte Corp. *
73,854
8,827,030
Innoviva, Inc. *
131,747
2,762,735
Intuitive Surgical, Inc. *
7,152
2,527,016
IQVIA Holdings, Inc. *
27,860
6,547,657
Johnson & Johnson
173,926
44,585,930
Krystal Biotech, Inc. *
3,714
1,266,920
Liquidia Corp. *
8,240
693,066
McKesson Corp.
8,050
6,892,330
Medtronic PLC
172,333
14,715,515
Merck & Co., Inc.
245,830
32,007,066
Mirum Pharmaceuticals, Inc. *
2,435
257,988
Natera, Inc. *
9,725
2,603,966
Neurocrine Biosciences, Inc. *
26,394
4,402,519
Regeneron Pharmaceuticals, Inc.
6,059
4,620,775
ResMed, Inc.
25,092
5,293,910
STERIS PLC
28,872
6,594,365
Stryker Corp.
41,586
13,544,560
12
  
Schwab Health Care Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Thermo Fisher Scientific, Inc.
24,108
13,845,224
Travere Therapeutics, Inc. *
22,405
1,252,216
United Therapeutics Corp. *
11,322
5,861,513
UnitedHealth Group, Inc.
73,427
30,428,149
Universal Health Services, Inc., Class B
8,100
1,364,364
Veracyte, Inc. *
87,202
4,039,197
Vertex Pharmaceuticals, Inc. *
25,379
12,108,321
Xeris Biopharma Holdings, Inc. *
51,241
414,027
 
526,047,692
Total Common Stocks
(Cost $366,568,930)
635,825,267
Total Investments in Securities
(Cost $366,568,930)
635,825,267
 
*
Non-income producing security.
 
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
$534,593,701
$—
$—
$534,593,701
China
—
337,347
—
337,347
Denmark
2,380,805
2,161,635
—
4,542,440
France
—
16,987,676
—
16,987,676
Japan
—
14,886,397
—
14,886,397
Netherlands
—
4,591,849
—
4,591,849
New Zealand
—
956,672
—
956,672
Republic of Korea
—
608,979
—
608,979
Sweden
—
1,973,509
—
1,973,509
Switzerland
—
33,468,845
—
33,468,845
Taiwan
—
1,193,920
—
1,193,920
United Kingdom
—
21,683,932
—
21,683,932
Total
$536,974,506
$98,850,761
$—
$635,825,267
 
1
As categorized in the Portfolio Holdings.
  
13
Schwab Capital Trust
Schwab International Core Equity Fund
Portfolio Holdings as of July 31, 2026 (Unaudited)
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 98.7% OF NET ASSETS
 
Australia 4.6%
Aristocrat Leisure Ltd.
117,985
5,302,841
BHP Group Ltd.
242,566
10,224,292
Commonwealth Bank of Australia
39,338
4,917,439
Evolution Mining Ltd.
335,872
2,663,239
Fortescue Ltd.
227,600
2,953,395
Perseus Mining Ltd.
1,585,124
5,426,310
QBE Insurance Group Ltd.
131
2,272
Ramelius Resources Ltd.
707,740
1,522,089
Telstra Group Ltd.
3,328,343
11,750,291
 
44,762,168
 
Belgium 0.4%
Umicore SA
137,122
3,422,547
 
Canada 2.5%
Cenovus Energy, Inc.
133,000
4,010,351
IAMGOLD Corp. *
79,800
1,129,387
OceanaGold Corp.
53,000
1,277,883
Suncor Energy, Inc.
140,100
9,408,292
Toronto-Dominion Bank
71,900
8,618,665
 
24,444,578
 
China 2.9%
Aluminum Corp. of China Ltd., H Shares
820,000
892,890
China Life Insurance Co. Ltd., H Shares
859,000
3,198,006
China Resources Land Ltd.
1,207,000
5,106,354
NetEase, Inc.
378,100
10,059,809
New China Life Insurance Co. Ltd.,
H Shares
550,400
3,393,949
PetroChina Co. Ltd., H Shares
5,000
6,362
SITC International Holdings Co. Ltd.
1,103,000
5,561,100
 
28,218,470
 
Denmark 1.6%
Danske Bank AS
172,919
9,951,430
ISS AS
54,758
2,426,947
Pandora AS
23,446
2,936,108
 
15,314,485
 
Finland 2.2%
Konecranes OYJ
143,730
4,483,767
Nordea Bank Abp
467,547
9,443,374
Wartsila OYJ Abp
216,880
7,354,895
 
21,282,036
 
France 7.8%
AXA SA
67,991
3,523,947
BNP Paribas SA
144,115
18,312,491
Christian Dior SE
4,321
2,165,306
Credit Agricole SA
279,409
6,243,521
Ipsen SA
67,349
13,013,539
SECURITY
NUMBER
OF SHARES
VALUE ($)
Safran SA
209
82,133
Sanofi SA
91,682
7,894,889
Schneider Electric SE
11,900
3,998,225
Societe Generale SA
145,952
13,718,998
Thales SA
4,514
1,285,048
TotalEnergies SE
1,909
168,298
Veolia Environnement SA
141,463
5,629,287
 
76,035,682
 
Germany 7.8%
Allianz SE
14,249
7,097,454
Continental AG
79,713
6,629,192
Deutsche Bank AG
74,879
2,755,995
Deutsche Post AG
30,136
2,013,138
Deutsche Telekom AG
489,598
15,109,471
Heidelberg Materials AG
13,374
2,489,769
Infineon Technologies AG
46,332
3,324,948
IONOS Group SE *
17,983
655,543
Mercedes-Benz Group AG
105,688
5,714,461
Muenchener
Rueckversicherungs-Gesellschaft AG in
Muenchen
13,118
7,879,976
Siemens AG
18,887
6,188,257
Siemens Energy AG
68,399
11,685,488
Talanx AG
28,110
3,736,228
 
75,279,920
 
Greece 1.4%
Hellenic Telecommunications Organization
SA
573,241
13,229,906
 
Hong Kong 0.7%
Sun Hung Kai Properties Ltd.
356,000
5,587,367
WH Group Ltd.
581,500
625,675
Wharf Real Estate Investment Co. Ltd.
253,000
855,642
 
7,068,684
 
Indonesia 0.4%
Jardine Matheson Holdings Ltd.
63,600
4,223,989
 
Ireland 0.2%
AerCap Holdings NV
15,300
2,308,770
 
Israel 0.1%
Elbit Systems Ltd.
1,321
1,067,147
 
Italy 2.9%
Banca Mediolanum SpA
273,843
7,337,609
Enel SpA
938,682
10,600,910
UniCredit SpA
104,762
9,880,296
 
27,818,815
 
14
  
Schwab International Core Equity Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Japan 20.4%
Asahi Intecc Co. Ltd.
192,600
4,345,276
Asics Corp.
108,700
3,204,957
Astellas Pharma, Inc.
1,214,600
16,682,292
Central Japan Railway Co.
372,000
9,257,160
Fast Retailing Co. Ltd.
9,400
4,602,891
Fujikura Ltd.
33,000
837,419
Hachijuni Nagano Bank Ltd.
162,000
2,517,161
Hitachi Construction Machinery Co. Ltd.
167,400
5,579,489
Hitachi Ltd.
315,000
10,322,719
Hoya Corp.
69,103
10,567,018
Inpex Corp.
477,372
11,002,788
Japan Airlines Co. Ltd.
470,900
8,685,533
Japan Post Holdings Co. Ltd.
530,500
7,848,408
Japan Post Insurance Co. Ltd.
310,900
3,423,351
Japan Tobacco, Inc.
100,600
4,485,440
Kandenko Co. Ltd.
33,000
1,097,647
KDDI Corp.
286,500
5,278,394
Kirin Holdings Co. Ltd.
155,000
2,867,461
Lasertec Corp.
5,200
1,194,607
Mitsubishi Corp.
109,700
3,279,237
Mitsubishi Electric Corp.
16,000
576,369
Mitsubishi Heavy Industries Ltd.
146,000
3,410,900
Mitsubishi UFJ Financial Group, Inc.
913,819
20,411,516
Murata Manufacturing Co. Ltd.
88,100
4,014,216
Ono Pharmaceutical Co. Ltd.
47,600
711,382
ORIX Corp.
281,500
11,361,152
Otsuka Holdings Co. Ltd.
19,900
1,379,854
Recruit Holdings Co. Ltd.
87,000
6,880,031
Sanrio Co. Ltd.
31,500
251,933
SCREEN Holdings Co. Ltd.
2,000
152,569
Sony Group Corp.
326,600
7,632,271
Sumitomo Electric Industries Ltd.
191,800
2,538,490
Sumitomo Mitsui Financial Group, Inc.
172,500
7,412,136
Tokyo Century Corp.
468,300
7,652,540
Tokyo Electron Ltd.
12,900
4,312,948
USS Co. Ltd.
157,580
1,990,058
 
197,767,613
 
Netherlands 7.3%
ABN AMRO Bank NV, GDR
40,398
1,827,505
ASM International NV
5,007
4,637,227
ASML Holding NV
26,187
43,154,733
ING Groep NV, Series N
69,545
2,443,919
Koninklijke Ahold Delhaize NV
241,147
9,554,781
SBM Offshore NV
118,087
4,410,065
Wolters Kluwer NV
58,532
4,595,265
 
70,623,495
 
Norway 0.8%
Yara International ASA
169,479
7,994,630
 
Republic of Korea 2.2%
Samsung Electronics Co. Ltd.
68,811
11,976,884
SK Hynix, Inc.
8,620
9,789,346
 
21,766,230
 
Singapore 0.7%
Oversea-Chinese Banking Corp. Ltd.
91,000
2,066,903
Yangzijiang Shipbuilding Holdings Ltd.
1,557,800
4,755,206
 
6,822,109
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
South Africa 0.2%
Gold Fields Ltd.
46,222
1,492,644
 
Spain 5.8%
Aena SME SA
164,697
5,077,254
Banco Santander SA
1,306,219
18,577,397
Industria de Diseno Textil SA
113,550
7,410,682
International Consolidated Airlines Group
SA
2,223,629
13,034,721
Naturgy Energy Group SA (a)
366,579
12,229,022
 
56,329,076
 
Sweden 2.2%
Atlas Copco AB, A Shares
583,717
12,333,834
Boliden AB
30,005
1,509,779
Svenska Handelsbanken AB, A Shares
101,000
1,544,346
Telefonaktiebolaget LM Ericsson, B Shares
588,727
5,791,122
 
21,179,081
 
Switzerland 9.3%
ABB Ltd.
162,087
15,991,325
Galderma Group AG *
8,521
1,854,266
Logitech International SA
32,623
3,331,796
Nestle SA
253,242
25,311,785
Novartis AG
141,823
22,179,948
Roche Holding AG
40,103
17,528,716
Schindler Holding AG, Participation
Certificates
12,659
3,984,800
 
90,182,636
 
Taiwan 2.3%
Asia Vital Components Co. Ltd.
40,000
2,813,113
King Slide Works Co. Ltd.
12,000
2,875,457
Taiwan Semiconductor Manufacturing Co.
Ltd.
228,000
16,864,074
 
22,552,644
 
United Kingdom 12.0%
AstraZeneca PLC
16,978
2,888,133
Barclays PLC
1,074,346
7,384,558
British American Tobacco PLC
97,309
5,902,855
Centrica PLC
557,140
1,163,873
Fresnillo PLC
109,846
3,700,264
Games Workshop Group PLC
29,282
7,548,370
GSK PLC
458,149
11,913,182
Howden Joinery Group PLC
45,863
488,697
HSBC Holdings PLC
822,079
17,506,426
IMI PLC
91,214
3,624,710
Imperial Brands PLC
290,245
11,015,048
NatWest Group PLC
170,768
1,610,792
Prudential PLC
186,782
2,807,062
Rio Tinto PLC
30,996
3,011,870
Rolls-Royce Holdings PLC
842,118
16,799,969
Shell PLC
412,231
18,868,510
 
116,234,319
Total Common Stocks
(Cost $715,843,400)
957,421,674
 
  
15
Schwab International Core Equity Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 2.2% OF NET ASSETS
 
Money Market Funds 2.2%
State Street Institutional U.S. Government
Money Market Fund, Premier Class
3.62% (b)
9,893,787
9,893,787
State Street Institutional U.S. Government
Money Market Fund, Premier Class
3.62% (b)(c)
11,934,000
11,934,000
 
21,827,787
Total Short-Term Investments
(Cost $21,827,787)
21,827,787
Total Investments in Securities
(Cost $737,671,187)
979,249,461
 
*
Non-income producing security.
(a)
All or a portion of this security is on loan.
(b)
The rate shown is the annualized 7-day yield.
(c)
Security purchased with cash collateral received for securities on loan.
Securities on loan were valued at $11,342,350.
 
GDR —
Global Depositary Receipt
 
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
$—
$546,042,899
$—
$546,042,899
Canada
24,444,578
—
—
24,444,578
Ireland
2,308,770
—
—
2,308,770
Japan
251,933
197,515,680
—
197,767,613
Netherlands
9,554,781
61,068,714
—
70,623,495
United Kingdom
1,163,873
115,070,446
—
116,234,319
Short-Term Investments1
21,827,787
—
—
21,827,787
Total
$59,551,722
$919,697,739
$—
$979,249,461
 
1
As categorized in the Portfolio Holdings.
16
  
Schwab Active Equity 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
  
17
Schwab Active Equity 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.
REG87636JUL26
18