# EDGAR Filing Document

**Accession Number:** 0000904333
**File Stem:** 0001410368-26-030041
**Filing Date:** 2026-3
**Character Count:** 179648
**Document Hash:** 087193bd917592377854142334d7e4b7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-030041.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0001410368-26-030041

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB CAPITAL TRUST
- **CENTRAL INDEX KEY:** 0000904333

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031
- **LEGAL ENTITY IDENTIFIER:** 549300PEK1H7N1HLC797

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07704
- **FILM NUMBER:** 26790825

**BUSINESS ADDRESS:**
- **STREET 1:** 9800 SCHWAB WAY
- **CITY:** LONE TREE
- **STATE:** CO
- **ZIP:** 80124
- **BUSINESS PHONE:** 800-648-5300

**MAIL ADDRESS:**
- **STREET 1:** 9800 SCHWAB WAY
- **CITY:** LONE TREE
- **STATE:** CO
- **ZIP:** 80124

## Series and Classes Contracts Data

### Schwab Target 2035 Fund (Series ID: S000020937)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000059133 | Schwab Target 2035 Fund | SWIRX           |

## Nport-Ex

Schwab Capital Trust

Schwab Balanced Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.3% OF NET ASSETS |
| **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** | **U.S. Stocks 50.0%** |
| **Large-Cap 41.0%** | **Large-Cap 41.0%** | **Large-Cap 41.0%** | **Large-Cap 41.0%** | **Large-Cap 41.0%** | **Large-Cap 41.0%** | **Large-Cap 41.0%** | **Large-Cap 41.0%** | **Large-Cap 41.0%** |
| Schwab Core Equity Fund  | $197262691 | $13089161 | ($1592546)<br>| $28585 | ($10603167)<br>| $198184724 | 7943276 | $12089161 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 113849731 | 13705928 |  |  | (18142938)<br>| 109412721 | 4258962 | 13705928 |
|  |  |  |  |  |  | 307597445 |  |  |
| **Small-Cap 9.0%** | **Small-Cap 9.0%** | **Small-Cap 9.0%** | **Small-Cap 9.0%** | **Small-Cap 9.0%** | **Small-Cap 9.0%** | **Small-Cap 9.0%** | **Small-Cap 9.0%** | **Small-Cap 9.0%** |
| Schwab Small-Cap Equity Fund  | 64276186 | 6196376 | (2833570)<br>| (4517)<br>| (541036)<br>| 67093439 | 3126442 | 5196375 |
|  |  |  |  |  |  | 374690884 |  |  |
| **International Stocks 10.4%** | **International Stocks 10.4%** | **International Stocks 10.4%** | **International Stocks 10.4%** | **International Stocks 10.4%** | **International Stocks 10.4%** | **International Stocks 10.4%** | **International Stocks 10.4%** | **International Stocks 10.4%** |
| **Developed Markets 10.4%** | **Developed Markets 10.4%** | **Developed Markets 10.4%** | **Developed Markets 10.4%** | **Developed Markets 10.4%** | **Developed Markets 10.4%** | **Developed Markets 10.4%** | **Developed Markets 10.4%** | **Developed Markets 10.4%** |
| Schwab International Opportunities Fund  | 73060629 | 4381317 | (785648)<br>| 58408 | 1220706 | 77935412 | 3053895 | 4381317 |
| **Fixed Income 36.6%** | **Fixed Income 36.6%** | **Fixed Income 36.6%** | **Fixed Income 36.6%** | **Fixed Income 36.6%** | **Fixed Income 36.6%** | **Fixed Income 36.6%** | **Fixed Income 36.6%** | **Fixed Income 36.6%** |
| **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** | **Intermediate-Term Bond 36.6%** |
| Schwab U.S. Aggregate Bond Index Fund  | 267431509 | 8309363 |  |  | (1223612)<br>| 274517260 | 30434286 | 2808004 |
| **Money Market Funds 2.3%** | **Money Market Funds 2.3%** | **Money Market Funds 2.3%** | **Money Market Funds 2.3%** | **Money Market Funds 2.3%** | **Money Market Funds 2.3%** | **Money Market Funds 2.3%** | **Money Market Funds 2.3%** | **Money Market Funds 2.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| 17481714 | 167074 |  |  |  | 17648788 | 17648788 | 161466 |
| **Total Affiliated Underlying Funds**<br> **(Cost $646,523,564)**<br>| **$733362460** | **$45849219** | **($5211764)**<br>| **$82476** | **($29290047)**<br>| **$744792344** |  | **$38342251** |
| **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 0.7% OF NET ASSETS |
| **Money Market Funds 0.7%** | **Money Market Funds 0.7%** | **Money Market Funds 0.7%** | **Money Market Funds 0.7%** | **Money Market Funds 0.7%** | **Money Market Funds 0.7%** | **Money Market Funds 0.7%** | **Money Market Funds 0.7%** | **Money Market Funds 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government <br> Money Market Fund, Premier Class, <br> 3.65% <sup>(b)</sup> <br>|  |  |  |  |  | $5163697 | 5163697 |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $5,163,697)**<br>|  |  |  |  |  | **$5163697** |  |  |
| **Total Investments in Securities**<br> **(Cost $651,687,261)**<br>|  |  |  |  |  | **$749956041** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**1**

------

Schwab Capital Trust

Schwab MarketTrack All Equity Portfolio

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.6% OF NET ASSETS |
| **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** | **U.S. Stocks 58.7%** |
| **Large-Cap 49.9%** | **Large-Cap 49.9%** | **Large-Cap 49.9%** | **Large-Cap 49.9%** | **Large-Cap 49.9%** | **Large-Cap 49.9%** | **Large-Cap 49.9%** | **Large-Cap 49.9%** | **Large-Cap 49.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large <br> Company Index Fund <br>| $145836508 | $4628353 | ($4914138)<br>| $339311 | $7698162 | $153588196 | 4592948 | $2419528 |
| Schwab S&P 500 Index Fund  | 258083437 | 13193501 | (1584066)<br>| 5513 | 1696391 | 271394776 | 15255468 | 2848487 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab U.S. Large-Cap Growth Index <br> Fund <br>| 133565873 | 13301267 | (655387)<br>| (2227)<br>| (5904210)<br>| 140305316 | 8128929 | 607147 |
|  |  |  |  |  |  | 565288288 |  |  |
| **Small-Cap 8.8%** | **Small-Cap 8.8%** | **Small-Cap 8.8%** | **Small-Cap 8.8%** | **Small-Cap 8.8%** | **Small-Cap 8.8%** | **Small-Cap 8.8%** | **Small-Cap 8.8%** | **Small-Cap 8.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Small <br> Company Index Fund <br>| 36687990 | 1607314 | (2186914)<br>| 27425 | 2778944 | 38914759 | 1953552 | 499242 |
| Schwab Small-Cap Index Fund  | 58730545 | 1130897 | (1353092)<br>| 374055 | 2253079 | 61135484 | 1457342 | 741793 |
|  |  |  |  |  |  | 100050243 |  |  |
|  |  |  |  |  |  | 665338531 |  |  |
| **International Stocks 35.8%** | **International Stocks 35.8%** | **International Stocks 35.8%** | **International Stocks 35.8%** | **International Stocks 35.8%** | **International Stocks 35.8%** | **International Stocks 35.8%** | **International Stocks 35.8%** | **International Stocks 35.8%** |
| **Developed Markets 28.1%** | **Developed Markets 28.1%** | **Developed Markets 28.1%** | **Developed Markets 28.1%** | **Developed Markets 28.1%** | **Developed Markets 28.1%** | **Developed Markets 28.1%** | **Developed Markets 28.1%** | **Developed Markets 28.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International <br> Equity Index Fund <br>| 76522170 | 4596309 | (7056872)<br>| 686485 | 5470135 | 80218227 | 5387389 | 3874279 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International <br> Small Equity Index Fund <br>| 54079938 | 4313626 | (2982928)<br>| 43443 | 1224245 | 56678324 | 3449685 | 4313626 |
| Schwab International Index Fund  | 173817190 | 7128803 | (7836010)<br>| 205144 | 8499572 | 181814699 | 6024344 | 6139907 |
|  |  |  |  |  |  | 318711250 |  |  |
| **Emerging Markets 7.7%** | **Emerging Markets 7.7%** | **Emerging Markets 7.7%** | **Emerging Markets 7.7%** | **Emerging Markets 7.7%** | **Emerging Markets 7.7%** | **Emerging Markets 7.7%** | **Emerging Markets 7.7%** | **Emerging Markets 7.7%** |
| Schwab Emerging Markets Equity ETF  | 29051745 | 1892706 | (973375)<br>| 5075 | 519319 | 30495470 | 886754 | 792417 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental Emerging <br> Markets Equity Index Fund <br>| 54104584 | 3176239 | (3580849)<br>| 348160 | 2603837 | 56651971 | 4647413 | 2079746 |
|  |  |  |  |  |  | 87147441 |  |  |
|  |  |  |  |  |  | 405858691 |  |  |
| **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** |
| **U.S. REITs 5.1%** | **U.S. REITs 5.1%** | **U.S. REITs 5.1%** | **U.S. REITs 5.1%** | **U.S. REITs 5.1%** | **U.S. REITs 5.1%** | **U.S. REITs 5.1%** | **U.S. REITs 5.1%** | **U.S. REITs 5.1%** |
| Schwab U.S. REIT ETF  | 54077650 | 4036270 | (1870121)<br>| (21981)<br>| 919438 | 57141256 | 2668905 | 556147 |
| **Total Affiliated Underlying Funds**<br> **(Cost $551,278,763)**<br>| **$1074557630** | **$59005285** | **($34993752)**<br>| **$2010403** | **$27758912** | **$1128338478** |  | **$24872319** |
| **Total Investments in Securities**<br> **(Cost $551,278,763)**<br>|  |  |  |  |  | **$1128338478** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**1**

------

Schwab MarketTrack All Equity Portfolio

**Portfolio Holdings** (Unaudited) continued

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

ETF — Exchange-Traded Fund <br> REIT — Real Estate Investment Trust

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**2**

------

Schwab Capital Trust

Schwab MarketTrack Growth Portfolio

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS |
| **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** | **U.S. Stocks 50.2%** |
| **Large-Cap 43.3%** | **Large-Cap 43.3%** | **Large-Cap 43.3%** | **Large-Cap 43.3%** | **Large-Cap 43.3%** | **Large-Cap 43.3%** | **Large-Cap 43.3%** | **Large-Cap 43.3%** | **Large-Cap 43.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large <br> Company Index Fund <br>| $126167081 | $2085256 | ($6214284)<br>| $2103028 | $4745661 | $128886742 | 3854269 | $2085256 |
| Schwab S&P 500 Index Fund  | 218194213 | 5901357 | (2873370)<br>| 16503 | 1362399 | 222601102 | 12512710 | 2403612 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab U.S. Large-Cap Growth Index <br> Fund <br>| 110054434 | 7947674 | (1033135)<br>| (3808)<br>| (4808608)<br>| 112156557 | 6498062 | 498184 |
|  |  |  |  |  |  | 463644401 |  |  |
| **Small-Cap 6.9%** | **Small-Cap 6.9%** | **Small-Cap 6.9%** | **Small-Cap 6.9%** | **Small-Cap 6.9%** | **Small-Cap 6.9%** | **Small-Cap 6.9%** | **Small-Cap 6.9%** | **Small-Cap 6.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Small <br> Company Index Fund <br>| 27505819 | 370953 | (1903739)<br>| 93628 | 1968890 | 28035551 | 1407407 | 370953 |
| Schwab Small-Cap Index Fund  | 45252253 | 570561 | (1786369)<br>| 848341 | 1158577 | 46043363 | 1097577 | 570561 |
|  |  |  |  |  |  | 74078914 |  |  |
|  |  |  |  |  |  | 537723315 |  |  |
| **International Stocks 25.8%** | **International Stocks 25.8%** | **International Stocks 25.8%** | **International Stocks 25.8%** | **International Stocks 25.8%** | **International Stocks 25.8%** | **International Stocks 25.8%** | **International Stocks 25.8%** | **International Stocks 25.8%** |
| **Developed Markets 20.7%** | **Developed Markets 20.7%** | **Developed Markets 20.7%** | **Developed Markets 20.7%** | **Developed Markets 20.7%** | **Developed Markets 20.7%** | **Developed Markets 20.7%** | **Developed Markets 20.7%** | **Developed Markets 20.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International <br> Equity Index Fund <br>| 54690169 | 2771177 | (6140282)<br>| 953207 | 3345174 | 55619445 | 3735356 | 2771177 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International <br> Small Equity Index Fund <br>| 35048440 | 2770705 | (2949545)<br>| 47478 | 717319 | 35634397 | 2168862 | 2770705 |
| Schwab International Index Fund  | 127378855 | 4489126 | (8584085)<br>| 728327 | 5542359 | 129554582 | 4292730 | 4489126 |
|  |  |  |  |  |  | 220808424 |  |  |
| **Emerging Markets 5.1%** | **Emerging Markets 5.1%** | **Emerging Markets 5.1%** | **Emerging Markets 5.1%** | **Emerging Markets 5.1%** | **Emerging Markets 5.1%** | **Emerging Markets 5.1%** | **Emerging Markets 5.1%** | **Emerging Markets 5.1%** |
| Schwab Emerging Markets Equity ETF  | 18994275 | 461284 | (583633)<br>| 17183 | 303228 | 19192337 | 558079 | 509300 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental Emerging <br> Markets Equity Index Fund <br>| 34896151 | 1341095 | (2476685)<br>| 481950 | 1375972 | 35618483 | 2921943 | 1341095 |
|  |  |  |  |  |  | 54810820 |  |  |
|  |  |  |  |  |  | 275619244 |  |  |
| **Real Estate 4.0%** | **Real Estate 4.0%** | **Real Estate 4.0%** | **Real Estate 4.0%** | **Real Estate 4.0%** | **Real Estate 4.0%** | **Real Estate 4.0%** | **Real Estate 4.0%** | **Real Estate 4.0%** |
| **U.S. REITs 4.0%** | **U.S. REITs 4.0%** | **U.S. REITs 4.0%** | **U.S. REITs 4.0%** | **U.S. REITs 4.0%** | **U.S. REITs 4.0%** | **U.S. REITs 4.0%** | **U.S. REITs 4.0%** | **U.S. REITs 4.0%** |
| Schwab U.S. REIT ETF  | 42097095 | 1102908 | (1003713)<br>| (5877)<br>| 678766 | 42869179 | 2002297 | 433183 |
| **Fixed Income 16.0%** | **Fixed Income 16.0%** | **Fixed Income 16.0%** | **Fixed Income 16.0%** | **Fixed Income 16.0%** | **Fixed Income 16.0%** | **Fixed Income 16.0%** | **Fixed Income 16.0%** | **Fixed Income 16.0%** |
| **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** | **Intermediate-Term Bond 16.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab U.S. Aggregate Bond Index <br> Fund <br>| 168208939 | 6658198 | (2655397)<br>| (298218)<br>| (445928)<br>| 171467594 | 19009711 | 1729337 |

---

**3**

------

Schwab MarketTrack Growth Portfolio

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, <br> Ultra Shares, 3.55% <sup>(b)</sup> <br>| $34411556 | $1830339 | $— | $— | $— | $36241895 | 36241895 | $321931 |
| **Total Affiliated Underlying Funds**<br> **(Cost $590,908,168)**<br>| **$1042899280** | **$38300633** | **($38204237)**<br>| **$4981742** | **$15943809** | **$1063921227** |  | **$20294420** |
| **Total Investments in Securities**<br> **(Cost $590,908,168)**<br>|  |  |  |  |  | **$1063921227** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

ETF — Exchange-Traded Fund <br> REIT — Real Estate Investment Trust

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**4**

------

Schwab Capital Trust

Schwab MarketTrack Balanced Portfolio

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.4% OF NET ASSETS |
| **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** | **U.S. Stocks 39.0%** |
| **Large-Cap 33.0%** | **Large-Cap 33.0%** | **Large-Cap 33.0%** | **Large-Cap 33.0%** | **Large-Cap 33.0%** | **Large-Cap 33.0%** | **Large-Cap 33.0%** | **Large-Cap 33.0%** | **Large-Cap 33.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| $56446659 | $933723 | ($3487793)<br>| $1396192 | $1659333 | $56948114 | 1702994 | $933723 |
| Schwab S&P 500 Index Fund  | 97368518 | 2098503 | (2032086)<br>| 279953 | 326111 | 98040999 | 5511017 | 1068305 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab U.S. Large-Cap Growth Index <br> Fund <br>| 52866620 | 3255496 | (631686)<br>| (2343)<br>| (2314415)<br>| 53173672 | 3080746 | 239502 |
|  |  |  |  |  |  | 208162785 |  |  |
| **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Small Company <br> Index Fund <br>| 11322409 | 152901 | (920713)<br>| 70532 | 765878 | 11391007 | 571838 | 152901 |
| Schwab Small-Cap Index Fund  | 26464007 | 617383 | (1750724)<br>| 442098 | 721700 | 26494464 | 631572 | 333441 |
|  |  |  |  |  |  | 37885471 |  |  |
|  |  |  |  |  |  | 246048256 |  |  |
| **International Stocks 18.0%** | **International Stocks 18.0%** | **International Stocks 18.0%** | **International Stocks 18.0%** | **International Stocks 18.0%** | **International Stocks 18.0%** | **International Stocks 18.0%** | **International Stocks 18.0%** | **International Stocks 18.0%** |
| **Developed Markets 15.5%** | **Developed Markets 15.5%** | **Developed Markets 15.5%** | **Developed Markets 15.5%** | **Developed Markets 15.5%** | **Developed Markets 15.5%** | **Developed Markets 15.5%** | **Developed Markets 15.5%** | **Developed Markets 15.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 24674434 | 1235394 | (3256450)<br>| 584894 | 1337067 | 24575339 | 1650459 | 1235394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Small <br> Equity Index Fund <br>| 15364320 | 1239433 | (1194858)<br>| 59003 | 293264 | 15761162 | 959292 | 1239433 |
| Schwab International Index Fund  | 57164548 | 2000256 | (4710391)<br>| 595515 | 2209033 | 57258961 | 1897249 | 2000256 |
|  |  |  |  |  |  | 97595462 |  |  |
| **Emerging Markets 2.5%** | **Emerging Markets 2.5%** | **Emerging Markets 2.5%** | **Emerging Markets 2.5%** | **Emerging Markets 2.5%** | **Emerging Markets 2.5%** | **Emerging Markets 2.5%** | **Emerging Markets 2.5%** | **Emerging Markets 2.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental Emerging Markets <br> Equity Index Fund <br>| 15772153 | 606140 | (1446678)<br>| 330827 | 491126 | 15753568 | 1292335 | 606140 |
|  |  |  |  |  |  | 113349030 |  |  |
| **Real Estate 3.0%** | **Real Estate 3.0%** | **Real Estate 3.0%** | **Real Estate 3.0%** | **Real Estate 3.0%** | **Real Estate 3.0%** | **Real Estate 3.0%** | **Real Estate 3.0%** | **Real Estate 3.0%** |
| **U.S. REITs 3.0%** | **U.S. REITs 3.0%** | **U.S. REITs 3.0%** | **U.S. REITs 3.0%** | **U.S. REITs 3.0%** | **U.S. REITs 3.0%** | **U.S. REITs 3.0%** | **U.S. REITs 3.0%** | **U.S. REITs 3.0%** |
| Schwab U.S. REIT ETF  | 18846045 | 442336 | (422005)<br>| (3853)<br>| 302274 | 19164797 | 895133 | 194195 |
| **Fixed Income 36.0%** | **Fixed Income 36.0%** | **Fixed Income 36.0%** | **Fixed Income 36.0%** | **Fixed Income 36.0%** | **Fixed Income 36.0%** | **Fixed Income 36.0%** | **Fixed Income 36.0%** | **Fixed Income 36.0%** |
| **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** | **High-Yield Bond 1.5%** |
| Schwab High Yield Bond ETF  | 9542116 |  |  |  | 39593 | 9581709 | 359944 | 161111 |
| **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** | **Intermediate-Term Bond 30.5%** |
| Schwab U.S. Aggregate Bond Index Fund  | 191384608 | 4994397 | (3281735)<br>| (376502)<br>| (469191)<br>| 192251577 | 21313922 | 1963712 |
| **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** | **Short-Term Bond 4.0%** |
| Schwab Short-Term Bond Index Fund  | 24915422 | 699680 | (315992)<br>| (17576)<br>| 16669 | 25298203 | 2610754 | 259160 |
|  |  |  |  |  |  | 227131489 |  |  |

---

**5**

------

Schwab MarketTrack Balanced Portfolio

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| $21001039 | $200709 | $— | $— | $— | $21201748 | 21201748 | $193972 |
| **Total Affiliated Underlying Funds**<br> **(Cost $409,882,245)**<br>| **$623132898** | **$18476351** | **($23451111)**<br>| **$3358740** | **$5378442** | **$626895320** |  | **$10581245** |
| **Total Investments in Securities**<br> **(Cost $409,882,245)**<br>|  |  |  |  |  | **$626895320** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

ETF — Exchange-Traded Fund <br> REIT — Real Estate Investment Trust

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**6**

------

Schwab Capital Trust

Schwab MarketTrack Conservative Portfolio

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 99.7% OF NET ASSETS |
| **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** | **U.S. Stocks 26.1%** |
| **Large-Cap 22.1%** | **Large-Cap 22.1%** | **Large-Cap 22.1%** | **Large-Cap 22.1%** | **Large-Cap 22.1%** | **Large-Cap 22.1%** | **Large-Cap 22.1%** | **Large-Cap 22.1%** | **Large-Cap 22.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| $12336035 | $307233 | ($858436)<br>| $301539 | $366840 | $12453211 | 372405 | $203906 |
| Schwab S&P 500 Index Fund  | 22385423 | 583930 | (594940)<br>| 126067 | 12526 | 22513006 | 1265487 | 245924 |
| Schwab U.S. Large-Cap Growth Index Fund  | 10465168 | 520109 |  |  | (458393)<br>| 10526884 | 609901 | 47351 |
|  |  |  |  |  |  | 45493101 |  |  |
| **Small-Cap 4.0%** | **Small-Cap 4.0%** | **Small-Cap 4.0%** | **Small-Cap 4.0%** | **Small-Cap 4.0%** | **Small-Cap 4.0%** | **Small-Cap 4.0%** | **Small-Cap 4.0%** | **Small-Cap 4.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Small Company <br> Index Fund <br>| 2398065 | 33301 | (125354)<br>| 27915 | 157294 | 2491221 | 125061 | 33301 |
| Schwab Small-Cap Index Fund  | 5786652 | 72634 | (322030)<br>| 189982 | 66587 | 5793825 | 138113 | 72634 |
|  |  |  |  |  |  | 8285046 |  |  |
|  |  |  |  |  |  | 53778147 |  |  |
| **International Stocks 12.0%** | **International Stocks 12.0%** | **International Stocks 12.0%** | **International Stocks 12.0%** | **International Stocks 12.0%** | **International Stocks 12.0%** | **International Stocks 12.0%** | **International Stocks 12.0%** | **International Stocks 12.0%** |
| **Developed Markets 10.3%** | **Developed Markets 10.3%** | **Developed Markets 10.3%** | **Developed Markets 10.3%** | **Developed Markets 10.3%** | **Developed Markets 10.3%** | **Developed Markets 10.3%** | **Developed Markets 10.3%** | **Developed Markets 10.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 5432172 | 271193 | (746378)<br>| 181747 | 235301 | 5374035 | 360916 | 271193 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Small <br> Equity Index Fund <br>| 3363056 | 271296 | (258934)<br>| 13603 | 64430 | 3453451 | 210192 | 271296 |
| Schwab International Index Fund  | 12557595 | 435712 | (1077553)<br>| 231598 | 380590 | 12527942 | 415107 | 435712 |
|  |  |  |  |  |  | 21355428 |  |  |
| **Emerging Markets 1.7%** | **Emerging Markets 1.7%** | **Emerging Markets 1.7%** | **Emerging Markets 1.7%** | **Emerging Markets 1.7%** | **Emerging Markets 1.7%** | **Emerging Markets 1.7%** | **Emerging Markets 1.7%** | **Emerging Markets 1.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental Emerging Markets <br> Equity Index Fund <br>| 3431578 | 131879 | (313209)<br>| 72694 | 108235 | 3431177 | 281475 | 131879 |
|  |  |  |  |  |  | 24786605 |  |  |
| **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** |
| **U.S. REITs 2.0%** | **U.S. REITs 2.0%** | **U.S. REITs 2.0%** | **U.S. REITs 2.0%** | **U.S. REITs 2.0%** | **U.S. REITs 2.0%** | **U.S. REITs 2.0%** | **U.S. REITs 2.0%** | **U.S. REITs 2.0%** |
| Schwab U.S. REIT ETF  | 4120775 | 113870 | (100711)<br>| (918)<br>| 66106 | 4199122 | 196129 | 42369 |
| **Fixed Income 56.2%** | **Fixed Income 56.2%** | **Fixed Income 56.2%** | **Fixed Income 56.2%** | **Fixed Income 56.2%** | **Fixed Income 56.2%** | **Fixed Income 56.2%** | **Fixed Income 56.2%** | **Fixed Income 56.2%** |
| **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** | **High-Yield Bond 1.7%** |
| Schwab High Yield Bond ETF  | 3513901 |  |  |  | 14580 | 3528481 | 132550 | 59329 |
| **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** | **Intermediate-Term Bond 48.2%** |
| Schwab U.S. Aggregate Bond Index Fund  | 98823517 | 2785784 | (1766624)<br>| (201115)<br>| (235211)<br>| 99406351 | 11020660 | 1014140 |
| **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** | **Short-Term Bond 6.3%** |
| Schwab Short-Term Bond Index Fund  | 12916121 | 283035 | (129521)<br>| (6676)<br>| 6678 | 13069637 | 1348776 | 134186 |
|  |  |  |  |  |  | 116004469 |  |  |

---

**7**

------

Schwab MarketTrack Conservative Portfolio

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** | **Money Market Funds 3.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| $7005827 | $66955 | $— | $— | $— | $7072782 | 7072782 | $64708 |
| **Total Affiliated Underlying Funds**<br> **(Cost $158,690,297)**<br>| **$204535885** | **$5876931** | **($6293690)**<br>| **$936436** | **$785563** | **$205841125** |  | **$3027928** |
| **Total Investments in Securities**<br> **(Cost $158,690,297)**<br>|  |  |  |  |  | **$205841125** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

ETF — Exchange-Traded Fund <br> REIT — Real Estate Investment Trust

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**8**

------

Schwab Capital Trust

Schwab Target 2010 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.1% OF NET ASSETS |
| **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** | **U.S. Stocks 20.6%** |
| **Large-Cap 18.0%** | **Large-Cap 18.0%** | **Large-Cap 18.0%** | **Large-Cap 18.0%** | **Large-Cap 18.0%** | **Large-Cap 18.0%** | **Large-Cap 18.0%** | **Large-Cap 18.0%** | **Large-Cap 18.0%** |
| Schwab Core Equity Fund  | $678673 | $41592 | ($73620)<br>| $14501 | ($51194)<br>| $609952 | 24447 | $41592 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 810981 | 12755 | (88212)<br>| 23883 | 19126 | 778533 | 23282 | 12755 |
| Schwab S&P 500 Index Fund  | 4973013 | 214393 | (497276)<br>| 248082 | (217223)<br>| 4720989 | 265373 | 54393 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 1554803 | 182089 | (41000)<br>| 3153 | (245448)<br>| 1453597 | 56582 | 182089 |
|  |  |  |  |  |  | 7563071 |  |  |
| **Mid-Cap 1.2%** | **Mid-Cap 1.2%** | **Mid-Cap 1.2%** | **Mid-Cap 1.2%** | **Mid-Cap 1.2%** | **Mid-Cap 1.2%** | **Mid-Cap 1.2%** | **Mid-Cap 1.2%** | **Mid-Cap 1.2%** |
| Schwab U.S. Mid-Cap Index Fund  | 492975 | 10371 |  |  | 10032 | 513378 | 34618 | 10371 |
| **Small-Cap 1.4%** | **Small-Cap 1.4%** | **Small-Cap 1.4%** | **Small-Cap 1.4%** | **Small-Cap 1.4%** | **Small-Cap 1.4%** | **Small-Cap 1.4%** | **Small-Cap 1.4%** | **Small-Cap 1.4%** |
| Schwab Small-Cap Equity Fund  | 540020 | 43658 |  |  | (3761)<br>| 579917 | 27023 | 43658 |
|  |  |  |  |  |  | 8656366 |  |  |
| **International Stocks 7.7%** | **International Stocks 7.7%** | **International Stocks 7.7%** | **International Stocks 7.7%** | **International Stocks 7.7%** | **International Stocks 7.7%** | **International Stocks 7.7%** | **International Stocks 7.7%** | **International Stocks 7.7%** |
| **Developed Markets 7.7%** | **Developed Markets 7.7%** | **Developed Markets 7.7%** | **Developed Markets 7.7%** | **Developed Markets 7.7%** | **Developed Markets 7.7%** | **Developed Markets 7.7%** | **Developed Markets 7.7%** | **Developed Markets 7.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 161159 | 8293 | (63934)<br>| 19138 | (5675)<br>| 118981 | 7991 | 8293 |
| Schwab International Core Equity Fund  | 1315685 | 152679 | (102000)<br>| 20363 | 61826 | 1448553 | 90252 | 67679 |
| Schwab International Opportunities Fund  | 1741174 | 104415 | (215000)<br>| 35021 | (10206)<br>| 1655404 | 64867 | 104415 |
|  |  |  |  |  |  | 3222938 |  |  |
| **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** | **Real Estate 2.0%** |
| **Global Real Estate 2.0%** | **Global Real Estate 2.0%** | **Global Real Estate 2.0%** | **Global Real Estate 2.0%** | **Global Real Estate 2.0%** | **Global Real Estate 2.0%** | **Global Real Estate 2.0%** | **Global Real Estate 2.0%** | **Global Real Estate 2.0%** |
| Schwab Global Real Estate Fund  | 862827 | 5035 | (67685)<br>| 349 | 46094 | 846620 | 120430 | 5035 |
| **Fixed Income 43.2%** | **Fixed Income 43.2%** | **Fixed Income 43.2%** | **Fixed Income 43.2%** | **Fixed Income 43.2%** | **Fixed Income 43.2%** | **Fixed Income 43.2%** | **Fixed Income 43.2%** | **Fixed Income 43.2%** |
| **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** | **Inflation-Protected Bond 6.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Treasury Inflation Protected <br> Securities Index Fund <br>| 2968106 | 37292 | (95000)<br>| (6722)<br>| (26762)<br>| 2876914 | 277427 | 37292 |
| **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** | **Intermediate-Term Bond 28.0%** |
| Schwab U.S. Aggregate Bond Index Fund  | 11955376 | 394067 | (529000)<br>| (59836)<br>| 7656 | 11768263 | 1304686 | 122175 |
| **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** | **Short-Term Bond 8.3%** |
| Schwab Short-Term Bond Index Fund  | 3589754 | 35717 | (130000)<br>| (4347)<br>| 4388 | 3495512 | 360734 | 36521 |
|  |  |  |  |  |  | 18140689 |  |  |

---

**1**

------

Schwab Target 2010 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 2.6%** | **Money Market Funds 2.6%** | **Money Market Funds 2.6%** | **Money Market Funds 2.6%** | **Money Market Funds 2.6%** | **Money Market Funds 2.6%** | **Money Market Funds 2.6%** | **Money Market Funds 2.6%** | **Money Market Funds 2.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| $1084913 | $10369 | $— | $— | $— | $1095282 | 1095282 | $10021 |
| **Total Affiliated Underlying Funds**<br> **(Cost $25,808,629)**<br>| **$32729459** | **$1252725** | **($1902727)**<br>| **$293585** | **($411147)**<br>| **$31961895** |  | **$736289** |
| **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.1% OF NET ASSETS |
| **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** | **U.S. Stocks 3.8%** |
| **Large-Cap 3.4%** | **Large-Cap 3.4%** | **Large-Cap 3.4%** | **Large-Cap 3.4%** | **Large-Cap 3.4%** | **Large-Cap 3.4%** | **Large-Cap 3.4%** | **Large-Cap 3.4%** | **Large-Cap 3.4%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $1070472 | 63567 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 360259 | 5073 |  |
|  |  |  |  |  |  | 1430731 |  |  |
| **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 169061 | 5842 |  |
|  |  |  |  |  |  | 1599792 |  |  |
| **Fixed Income 19.3%** | **Fixed Income 19.3%** | **Fixed Income 19.3%** | **Fixed Income 19.3%** | **Fixed Income 19.3%** | **Fixed Income 19.3%** | **Fixed Income 19.3%** | **Fixed Income 19.3%** | **Fixed Income 19.3%** |
| **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** | **Intermediate-Term Bond 17.2%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 387874 | 34174 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 6552854 | 659905 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond Fund, <br> Class Y <br>|  |  |  |  |  | 286568 | 28976 |  |
|  |  |  |  |  |  | 7227296 |  |  |
| **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional Class <br>|  |  |  |  |  | 868807 | 87317 |  |
|  |  |  |  |  |  | 8096103 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $9,412,357)**<br>|  |  |  |  |  | **$9695895** |  |  |
| **Total Investments in Securities**<br> **(Cost $35,220,986)**<br>|  |  |  |  |  | **$41657790** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**2**

------

Schwab Capital Trust

Schwab Target 2015 Fund

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 76.7% OF NET ASSETS |
| **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** | **U.S. Stocks 23.3%** |
| **Large-Cap 20.4%** | **Large-Cap 20.4%** | **Large-Cap 20.4%** | **Large-Cap 20.4%** | **Large-Cap 20.4%** | **Large-Cap 20.4%** | **Large-Cap 20.4%** | **Large-Cap 20.4%** | **Large-Cap 20.4%** |
| Schwab Core Equity Fund  | $835766 | $51220 | ($60000)<br>| $4840 | ($49567)<br>| $782259 | 31353 | $51220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 962957 | 16328 | (80914)<br>| 21951 | 31443 | 951765 | 28462 | 16328 |
| Schwab S&P 500 Index Fund  | 6096055 | 66427 | (317104)<br>| 214955 | (177840)<br>| 5882493 | 330663 | 66427 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 1907834 | 269047 | (123313)<br>| 3417 | (295657)<br>| 1761328 | 68561 | 219047 |
|  |  |  |  |  |  | 9377845 |  |  |
| **Mid-Cap 1.3%** | **Mid-Cap 1.3%** | **Mid-Cap 1.3%** | **Mid-Cap 1.3%** | **Mid-Cap 1.3%** | **Mid-Cap 1.3%** | **Mid-Cap 1.3%** | **Mid-Cap 1.3%** | **Mid-Cap 1.3%** |
| Schwab U.S. Mid-Cap Index Fund  | 600293 | 12629 |  |  | 12216 | 625138 | 42154 | 12629 |
| **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** |
| Schwab Small-Cap Equity Fund  | 760408 | 57368 | (85000)<br>| 11761 | (17113)<br>| 727424 | 33897 | 57368 |
|  |  |  |  |  |  | 10730407 |  |  |
| **International Stocks 9.1%** | **International Stocks 9.1%** | **International Stocks 9.1%** | **International Stocks 9.1%** | **International Stocks 9.1%** | **International Stocks 9.1%** | **International Stocks 9.1%** | **International Stocks 9.1%** | **International Stocks 9.1%** |
| **Developed Markets 9.1%** | **Developed Markets 9.1%** | **Developed Markets 9.1%** | **Developed Markets 9.1%** | **Developed Markets 9.1%** | **Developed Markets 9.1%** | **Developed Markets 9.1%** | **Developed Markets 9.1%** | **Developed Markets 9.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 184938 | 9516 |  |  | 15449 | 209903 | 14097 | 9516 |
| Schwab International Core Equity Fund  | 1731592 | 89972 | (100000)<br>| 21293 | 81184 | 1824041 | 113647 | 89972 |
| Schwab International Opportunities Fund  | 2231866 | 130813 | (262233)<br>| 43402 | (9220)<br>| 2134628 | 83645 | 130813 |
|  |  |  |  |  |  | 4168572 |  |  |
| **Real Estate 2.3%** | **Real Estate 2.3%** | **Real Estate 2.3%** | **Real Estate 2.3%** | **Real Estate 2.3%** | **Real Estate 2.3%** | **Real Estate 2.3%** | **Real Estate 2.3%** | **Real Estate 2.3%** |
| **Global Real Estate 2.3%** | **Global Real Estate 2.3%** | **Global Real Estate 2.3%** | **Global Real Estate 2.3%** | **Global Real Estate 2.3%** | **Global Real Estate 2.3%** | **Global Real Estate 2.3%** | **Global Real Estate 2.3%** | **Global Real Estate 2.3%** |
| Schwab Global Real Estate Fund  | 1110731 | 6455 | (117293)<br>| 13440 | 46166 | 1059499 | 150711 | 6455 |
| **Fixed Income 39.8%** | **Fixed Income 39.8%** | **Fixed Income 39.8%** | **Fixed Income 39.8%** | **Fixed Income 39.8%** | **Fixed Income 39.8%** | **Fixed Income 39.8%** | **Fixed Income 39.8%** | **Fixed Income 39.8%** |
| **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** | **Inflation-Protected Bond 6.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Treasury Inflation Protected <br> Securities Index Fund <br>| 3006301 | 38488 |  |  | (34166)<br>| 3010623 | 290320 | 38488 |
| **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** | **Intermediate-Term Bond 25.7%** |
| Schwab U.S. Aggregate Bond Index Fund  | 11874330 | 168417 | (200000)<br>| (22541)<br>| (29554)<br>| 11790652 | 1307168 | 122363 |
| **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** | **Short-Term Bond 7.6%** |
| Schwab Short-Term Bond Index Fund  | 3555699 | 36005 | (100000)<br>| (3199)<br>| 3163 | 3491668 | 360337 | 36802 |
|  |  |  |  |  |  | 18292943 |  |  |

---

**3**

------

Schwab Target 2015 Fund

continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** | **Money Market Funds 2.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| $995003 | $9510 | $— | $— | $— | $1004513 | 1004513 | $9190 |
| **Total Affiliated Underlying Funds**<br> **(Cost $27,668,170)**<br>| **$35853773** | **$962195** | **($1445857)**<br>| **$309319** | **($423496)**<br>| **$35255934** |  | **$866618** |
| **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.7% OF NET ASSETS |
| **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** | **U.S. Stocks 4.2%** |
| **Large-Cap 3.8%** | **Large-Cap 3.8%** | **Large-Cap 3.8%** | **Large-Cap 3.8%** | **Large-Cap 3.8%** | **Large-Cap 3.8%** | **Large-Cap 3.8%** | **Large-Cap 3.8%** | **Large-Cap 3.8%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $1294465 | 76868 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 435356 | 6130 |  |
|  |  |  |  |  |  | 1729821 |  |  |
| **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** | **Small-Cap 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 195586 | 6758 |  |
|  |  |  |  |  |  | 1925407 |  |  |
| **Fixed Income 18.5%** | **Fixed Income 18.5%** | **Fixed Income 18.5%** | **Fixed Income 18.5%** | **Fixed Income 18.5%** | **Fixed Income 18.5%** | **Fixed Income 18.5%** | **Fixed Income 18.5%** | **Fixed Income 18.5%** |
| **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** | **Intermediate-Term Bond 16.4%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 932849 | 82189 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 6189856 | 623349 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond Fund, <br> Class Y <br>|  |  |  |  |  | 427481 | 43224 |  |
|  |  |  |  |  |  | 7550186 |  |  |
| **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional Class <br>|  |  |  |  |  | 968409 | 97328 |  |
|  |  |  |  |  |  | 8518595 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $10,160,814)**<br>|  |  |  |  |  | **$10444002** |  |  |
| **Total Investments in Securities**<br> **(Cost $37,828,984)**<br>|  |  |  |  |  | **$45699936** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**4**

------

Schwab Capital Trust

Schwab Target 2020 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.5% OF NET ASSETS |
| **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** | **U.S. Stocks 25.2%** |
| **Large-Cap 21.8%** | **Large-Cap 21.8%** | **Large-Cap 21.8%** | **Large-Cap 21.8%** | **Large-Cap 21.8%** | **Large-Cap 21.8%** | **Large-Cap 21.8%** | **Large-Cap 21.8%** | **Large-Cap 21.8%** |
| Schwab Core Equity Fund  | $5598570 | $343106 | ($375000)<br>| $16952 | ($321335)<br>| $5262293 | 210914 | $343106 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 6495059 | 110129 | (500000)<br>| 118722 | 226988 | 6450898 | 192910 | 110129 |
| Schwab S&P 500 Index Fund  | 40928815 | 450495 | (1632789)<br>| 1036960 | (781685)<br>| 40001796 | 2248555 | 450495 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 12408062 | 1457079 | (300000)<br>| 27119 | (1960583)<br>| 11631677 | 452771 | 1457079 |
|  |  |  |  |  |  | 63346664 |  |  |
| **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** |
| Schwab U.S. Mid-Cap Index Fund  | 4126813 | 86822 |  |  | 83980 | 4297615 | 289792 | 86822 |
| **Small-Cap 1.9%** | **Small-Cap 1.9%** | **Small-Cap 1.9%** | **Small-Cap 1.9%** | **Small-Cap 1.9%** | **Small-Cap 1.9%** | **Small-Cap 1.9%** | **Small-Cap 1.9%** | **Small-Cap 1.9%** |
| Schwab Small-Cap Equity Fund  | 5613684 | 423447 | (400000)<br>| 72335 | (84704)<br>| 5624762 | 262104 | 423447 |
|  |  |  |  |  |  | 73269041 |  |  |
| **International Stocks 10.1%** | **International Stocks 10.1%** | **International Stocks 10.1%** | **International Stocks 10.1%** | **International Stocks 10.1%** | **International Stocks 10.1%** | **International Stocks 10.1%** | **International Stocks 10.1%** | **International Stocks 10.1%** |
| **Developed Markets 10.1%** | **Developed Markets 10.1%** | **Developed Markets 10.1%** | **Developed Markets 10.1%** | **Developed Markets 10.1%** | **Developed Markets 10.1%** | **Developed Markets 10.1%** | **Developed Markets 10.1%** | **Developed Markets 10.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 1607130 | 70386 | (250001)<br>| 79404 | 45614 | 1552533 | 104267 | 70386 |
| Schwab International Core Equity Fund  | 11635521 | 622197 | (300000)<br>| 5894 | 698638 | 12662250 | 788925 | 622197 |
| Schwab International Opportunities Fund  | 15763186 | 930063 | (1699823)<br>| 309349 | (63547)<br>| 15239228 | 597148 | 930063 |
|  |  |  |  |  |  | 29454011 |  |  |
| **Real Estate 2.6%** | **Real Estate 2.6%** | **Real Estate 2.6%** | **Real Estate 2.6%** | **Real Estate 2.6%** | **Real Estate 2.6%** | **Real Estate 2.6%** | **Real Estate 2.6%** | **Real Estate 2.6%** |
| **Global Real Estate 2.6%** | **Global Real Estate 2.6%** | **Global Real Estate 2.6%** | **Global Real Estate 2.6%** | **Global Real Estate 2.6%** | **Global Real Estate 2.6%** | **Global Real Estate 2.6%** | **Global Real Estate 2.6%** | **Global Real Estate 2.6%** |
| Schwab Global Real Estate Fund  | 7515970 | 43926 | (579999)<br>| (10678)<br>| 418250 | 7387469 | 1050849 | 43926 |
| **Fixed Income 37.7%** | **Fixed Income 37.7%** | **Fixed Income 37.7%** | **Fixed Income 37.7%** | **Fixed Income 37.7%** | **Fixed Income 37.7%** | **Fixed Income 37.7%** | **Fixed Income 37.7%** | **Fixed Income 37.7%** |
| **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** | **Inflation-Protected Bond 6.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Treasury Inflation Protected <br> Securities Index Fund <br>| 18316317 | 231567 | (230000)<br>| (11347)<br>| (193124)<br>| 18113413 | 1746713 | 231567 |
| **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** | **Intermediate-Term Bond 24.2%** |
| Schwab U.S. Aggregate Bond Index Fund  | 71315136 | 714420 | (1370000)<br>| (155697)<br>| (157767)<br>| 70346092 | 7798902 | 730242 |
| **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** | **Short-Term Bond 7.3%** |
| Schwab Short-Term Bond Index Fund  | 21233562 | 214101 | (300000)<br>| (8960)<br>| 9363 | 21148066 | 2182463 | 218914 |
|  |  |  |  |  |  | 109607571 |  |  |

---

**5**

------

Schwab Target 2020 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| $5317256 | $50817 | $— | $— | $— | $5368073 | 5368073 | $49112 |
| **Total Affiliated Underlying Funds**<br> **(Cost $172,499,651)**<br>| **$227875081** | **$5748555** | **($7937612)**<br>| **$1480053** | **($2079912)**<br>| **$225086165** |  | **$5767485** |
| **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.1% OF NET ASSETS |
| **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** | **U.S. Stocks 4.3%** |
| **Large-Cap 4.1%** | **Large-Cap 4.1%** | **Large-Cap 4.1%** | **Large-Cap 4.1%** | **Large-Cap 4.1%** | **Large-Cap 4.1%** | **Large-Cap 4.1%** | **Large-Cap 4.1%** | **Large-Cap 4.1%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $8713008 | 517400 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 3036183 | 42751 |  |
|  |  |  |  |  |  | 11749191 |  |  |
| **Small-Cap 0.2%** | **Small-Cap 0.2%** | **Small-Cap 0.2%** | **Small-Cap 0.2%** | **Small-Cap 0.2%** | **Small-Cap 0.2%** | **Small-Cap 0.2%** | **Small-Cap 0.2%** | **Small-Cap 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 697361 | 24097 |  |
|  |  |  |  |  |  | 12446552 |  |  |
| **Fixed Income 17.8%** | **Fixed Income 17.8%** | **Fixed Income 17.8%** | **Fixed Income 17.8%** | **Fixed Income 17.8%** | **Fixed Income 17.8%** | **Fixed Income 17.8%** | **Fixed Income 17.8%** | **Fixed Income 17.8%** |
| **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** | **Intermediate-Term Bond 15.7%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 6725554 | 592560 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 35463148 | 3571314 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 3465623 | 350417 |  |
|  |  |  |  |  |  | 45654325 |  |  |
| **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 6268833 | 630033 |  |
|  |  |  |  |  |  | 51923158 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $62,617,718)**<br>|  |  |  |  |  | **$64369710** |  |  |
| **Total Investments in Securities**<br> **(Cost $235,117,369)**<br>|  |  |  |  |  | **$289455875** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**6**

------

Schwab Capital Trust

Schwab Target 2025 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.1% OF NET ASSETS |
| **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** | **U.S. Stocks 25.9%** |
| **Large-Cap 22.6%** | **Large-Cap 22.6%** | **Large-Cap 22.6%** | **Large-Cap 22.6%** | **Large-Cap 22.6%** | **Large-Cap 22.6%** | **Large-Cap 22.6%** | **Large-Cap 22.6%** | **Large-Cap 22.6%** |
| Schwab Core Equity Fund  | $8461396 | $497225 | ($1050000)<br>| $247222 | ($684679)<br>| $7471164 | 299445 | $497225 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 9866541 | 161299 | (1230000)<br>| 346298 | 178747 | 9322885 | 278794 | 161299 |
| Schwab S&P 500 Index Fund  | 61268672 | 669468 | (3910000)<br>| 2581197 | (2194528)<br>| 58414809 | 3283576 | 669468 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 18533790 | 2168686 | (500000)<br>| 34840 | (2924968)<br>| 17312348 | 673894 | 2168686 |
|  |  |  |  |  |  | 92521206 |  |  |
| **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** |
| Schwab U.S. Mid-Cap Index Fund  | 6433519 | 128073 | (350000)<br>| 151707 | (23781)<br>| 6339518 | 427479 | 128073 |
| **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** |
| Schwab Small-Cap Equity Fund  | 6994537 | 532616 | (675000)<br>| 117505 | (180276)<br>| 6789382 | 316374 | 532616 |
|  |  |  |  |  |  | 105650106 |  |  |
| **International Stocks 11.0%** | **International Stocks 11.0%** | **International Stocks 11.0%** | **International Stocks 11.0%** | **International Stocks 11.0%** | **International Stocks 11.0%** | **International Stocks 11.0%** | **International Stocks 11.0%** | **International Stocks 11.0%** |
| **Developed Markets 11.0%** | **Developed Markets 11.0%** | **Developed Markets 11.0%** | **Developed Markets 11.0%** | **Developed Markets 11.0%** | **Developed Markets 11.0%** | **Developed Markets 11.0%** | **Developed Markets 11.0%** | **Developed Markets 11.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 2062932 | 106151 |  |  | 172331 | 2341414 | 157247 | 106151 |
| Schwab International Core Equity Fund  | 18368838 | 982255 | (1160000)<br>| 87431 | 1001507 | 19280031 | 1201248 | 982255 |
| Schwab International Opportunities Fund  | 24821098 | 1431661 | (3330000)<br>| 476462 | (87528)<br>| 23311693 | 913468 | 1431661 |
|  |  |  |  |  |  | 44933138 |  |  |
| **Real Estate 2.7%** | **Real Estate 2.7%** | **Real Estate 2.7%** | **Real Estate 2.7%** | **Real Estate 2.7%** | **Real Estate 2.7%** | **Real Estate 2.7%** | **Real Estate 2.7%** | **Real Estate 2.7%** |
| **Global Real Estate 2.7%** | **Global Real Estate 2.7%** | **Global Real Estate 2.7%** | **Global Real Estate 2.7%** | **Global Real Estate 2.7%** | **Global Real Estate 2.7%** | **Global Real Estate 2.7%** | **Global Real Estate 2.7%** | **Global Real Estate 2.7%** |
| Schwab Global Real Estate Fund  | 11608846 | 66895 | (1340000)<br>| (3008)<br>| 611189 | 10943922 | 1556746 | 66895 |
| **Fixed Income 35.9%** | **Fixed Income 35.9%** | **Fixed Income 35.9%** | **Fixed Income 35.9%** | **Fixed Income 35.9%** | **Fixed Income 35.9%** | **Fixed Income 35.9%** | **Fixed Income 35.9%** | **Fixed Income 35.9%** |
| **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** | **Inflation-Protected Bond 5.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Treasury Inflation Protected <br> Securities Index Fund <br>| 25454999 | 325892 | (1320000)<br>| (107446)<br>| (185046)<br>| 24168399 | 2330607 | 325892 |
| **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** | **Intermediate-Term Bond 23.1%** |
| Schwab U.S. Aggregate Bond Index Fund  | 96985867 | 972064 | (3350000)<br>| (385704)<br>| (41389)<br>| 94180838 | 10441335 | 993580 |
| **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** | **Short-Term Bond 6.9%** |
| Schwab Short-Term Bond Index Fund  | 29366753 | 294487 | (1350000)<br>| (41403)<br>| 42836 | 28312673 | 2921844 | 301067 |
|  |  |  |  |  |  | 146661910 |  |  |

---

**7**

------

Schwab Target 2025 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 1.6%** | **Money Market Funds 1.6%** | **Money Market Funds 1.6%** | **Money Market Funds 1.6%** | **Money Market Funds 1.6%** | **Money Market Funds 1.6%** | **Money Market Funds 1.6%** | **Money Market Funds 1.6%** | **Money Market Funds 1.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| $6537347 | $62478 | $— | $— | $— | $6599825 | 6599825 | $60381 |
| **Total Affiliated Underlying Funds**<br> **(Cost $237,053,244)**<br>| **$326765135** | **$8399250** | **($19565000)**<br>| **$3505101** | **($4315585)**<br>| **$314788901** |  | **$8425249** |
| **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 22.5% OF NET ASSETS |
| **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** | **U.S. Stocks 4.8%** |
| **Large-Cap 4.2%** | **Large-Cap 4.2%** | **Large-Cap 4.2%** | **Large-Cap 4.2%** | **Large-Cap 4.2%** | **Large-Cap 4.2%** | **Large-Cap 4.2%** | **Large-Cap 4.2%** | **Large-Cap 4.2%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $12865269 | 763971 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 4148611 | 58415 |  |
|  |  |  |  |  |  | 17013880 |  |  |
| **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 2468691 | 85304 |  |
|  |  |  |  |  |  | 19482571 |  |  |
| **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** |
| **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** | **Intermediate-Term Bond 15.6%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 12229148 | 1077458 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 45983152 | 4630730 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 5530699 | 559221 |  |
|  |  |  |  |  |  | 63742999 |  |  |
| **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** | **International Bond 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 8720403 | 876422 |  |
|  |  |  |  |  |  | 72463402 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $88,109,288)**<br>|  |  |  |  |  | **$91945973** |  |  |
| **Total Investments in Securities**<br> **(Cost $325,162,532)**<br>|  |  |  |  |  | **$406734874** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**8**

------

Schwab Capital Trust

Schwab Target 2030 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.1% OF NET ASSETS |
| **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** | **U.S. Stocks 31.8%** |
| **Large-Cap 27.6%** | **Large-Cap 27.6%** | **Large-Cap 27.6%** | **Large-Cap 27.6%** | **Large-Cap 27.6%** | **Large-Cap 27.6%** | **Large-Cap 27.6%** | **Large-Cap 27.6%** | **Large-Cap 27.6%** |
| Schwab Core Equity Fund  | $31807133 | $1949287 | ($2950814)<br>| $446186 | ($2152454)<br>| $29099338 | 1166306 | $1949287 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large <br> Company Index Fund <br>| 31395489 | 532337 | (3570425)<br>| 973854 | 737234 | 30068489 | 899177 | 532337 |
| Schwab S&P 500 Index Fund  | 179231053 | 1922618 | (9771262)<br>| 6627602 | (5562104)<br>| 172447907 | 9693530 | 1922618 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 58722674 | 7069395 | (796927)<br>| (52115)<br>| (9305850)<br>| 55637177 | 2165713 | 7069395 |
|  |  |  |  |  |  | 287252911 |  |  |
| **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** | **Mid-Cap 1.5%** |
| Schwab U.S. Mid-Cap Index Fund  | 15303502 | 321963 |  |  | 311424 | 15936889 | 1074639 | 321963 |
| **Small-Cap 2.7%** | **Small-Cap 2.7%** | **Small-Cap 2.7%** | **Small-Cap 2.7%** | **Small-Cap 2.7%** | **Small-Cap 2.7%** | **Small-Cap 2.7%** | **Small-Cap 2.7%** | **Small-Cap 2.7%** |
| Schwab Small-Cap Equity Fund  | 28897887 | 2336235 | (3117076)<br>| 116662 | (320456)<br>| 27913252 | 1300711 | 2336235 |
|  |  |  |  |  |  | 331103052 |  |  |
| **International Stocks 15.3%** | **International Stocks 15.3%** | **International Stocks 15.3%** | **International Stocks 15.3%** | **International Stocks 15.3%** | **International Stocks 15.3%** | **International Stocks 15.3%** | **International Stocks 15.3%** | **International Stocks 15.3%** |
| **Developed Markets 15.3%** | **Developed Markets 15.3%** | **Developed Markets 15.3%** | **Developed Markets 15.3%** | **Developed Markets 15.3%** | **Developed Markets 15.3%** | **Developed Markets 15.3%** | **Developed Markets 15.3%** | **Developed Markets 15.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International <br> Equity Index Fund <br>| 8453463 | 377636 | (1910454)<br>| 463603 | 134930 | 7519178 | 504982 | 377636 |
| Schwab International Core Equity Fund  | 64258985 | 3394206 | (1900000)<br>| 320652 | 3562839 | 69636682 | 4338734 | 3394206 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab International Opportunities <br> Fund <br>| 88067631 | 5281261 | (12391988)<br>| 1577651 | (156035)<br>| 82378520 | 3227998 | 5281261 |
|  |  |  |  |  |  | 159534380 |  |  |
| **Real Estate 3.2%** | **Real Estate 3.2%** | **Real Estate 3.2%** | **Real Estate 3.2%** | **Real Estate 3.2%** | **Real Estate 3.2%** | **Real Estate 3.2%** | **Real Estate 3.2%** | **Real Estate 3.2%** |
| **Global Real Estate 3.2%** | **Global Real Estate 3.2%** | **Global Real Estate 3.2%** | **Global Real Estate 3.2%** | **Global Real Estate 3.2%** | **Global Real Estate 3.2%** | **Global Real Estate 3.2%** | **Global Real Estate 3.2%** | **Global Real Estate 3.2%** |
| Schwab Global Real Estate Fund  | 36177485 | 219998 | (4437691)<br>| (282240)<br>| 2265377 | 33942929 | 4828297 | 219998 |
| **Fixed Income 23.8%** | **Fixed Income 23.8%** | **Fixed Income 23.8%** | **Fixed Income 23.8%** | **Fixed Income 23.8%** | **Fixed Income 23.8%** | **Fixed Income 23.8%** | **Fixed Income 23.8%** | **Fixed Income 23.8%** |
| **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** | **Inflation-Protected Bond 2.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Treasury Inflation Protected <br> Securities Index Fund <br>| 23036475 | 4202364 |  |  | (270905)<br>| 26967934 | 2600572 | 310350 |
| **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** | **Intermediate-Term Bond 16.3%** |
| Schwab U.S. Aggregate Bond Index Fund  | 159674551 | 11063293 |  |  | (709442)<br>| 170028402 | 18850155 | 1651212 |
| **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** | **Short-Term Bond 4.9%** |
| Schwab Short-Term Bond Index Fund  | 46640633 | 3954644 |  |  | (475)<br>| 50594802 | 5221342 | 485794 |
|  |  |  |  |  |  | 247591138 |  |  |
| **Money Market Funds 1.0%** | **Money Market Funds 1.0%** | **Money Market Funds 1.0%** | **Money Market Funds 1.0%** | **Money Market Funds 1.0%** | **Money Market Funds 1.0%** | **Money Market Funds 1.0%** | **Money Market Funds 1.0%** | **Money Market Funds 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| 10474342 | 100104 |  |  |  | 10574446 | 10574446 | 96744 |
| **Total Affiliated Underlying Funds**<br> **(Cost $524,527,579)**<br>| **$782141303** | **$42725341** | **($40846637)**<br>| **$10191855** | **($11465917)**<br>| **$782745945** |  | **$25949036** |

---

**9**

------

Schwab Target 2030 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.3% OF NET ASSETS |
| **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** | **U.S. Stocks 5.9%** |
| **Large-Cap 5.3%** | **Large-Cap 5.3%** | **Large-Cap 5.3%** | **Large-Cap 5.3%** | **Large-Cap 5.3%** | **Large-Cap 5.3%** | **Large-Cap 5.3%** | **Large-Cap 5.3%** | **Large-Cap 5.3%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $41018218 | 2435761 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 13882050 | 195467 |  |
|  |  |  |  |  |  | 54900268 |  |  |
| **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** | **Small-Cap 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 6383701 | 220584 |  |
|  |  |  |  |  |  | 61283969 |  |  |
| **International Stocks 0.7%** | **International Stocks 0.7%** | **International Stocks 0.7%** | **International Stocks 0.7%** | **International Stocks 0.7%** | **International Stocks 0.7%** | **International Stocks 0.7%** | **International Stocks 0.7%** | **International Stocks 0.7%** |
| **Emerging Markets 0.7%** | **Emerging Markets 0.7%** | **Emerging Markets 0.7%** | **Emerging Markets 0.7%** | **Emerging Markets 0.7%** | **Emerging Markets 0.7%** | **Emerging Markets 0.7%** | **Emerging Markets 0.7%** | **Emerging Markets 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets <br> Equity Insights Fund, Institutional <br> Class <br>|  |  |  |  |  | 7287919 | 592032 |  |
| **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** | **Fixed Income 17.7%** |
| **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** | **Intermediate-Term Bond 13.9%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 39409999 | 3472247 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 77549278 | 7809595 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 27179205 | 2748150 |  |
|  |  |  |  |  |  | 144138482 |  |  |
| **International Bond 3.8%** | **International Bond 3.8%** | **International Bond 3.8%** | **International Bond 3.8%** | **International Bond 3.8%** | **International Bond 3.8%** | **International Bond 3.8%** | **International Bond 3.8%** | **International Bond 3.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 39778021 | 3997791 |  |
|  |  |  |  |  |  | 183916503 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $237,847,909)**<br>|  |  |  |  |  | **$252488391** |  |  |
| **Total Investments in Securities**<br> **(Cost $762,375,488)**<br>|  |  |  |  |  | **$1035234336** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**10**

------

Schwab Capital Trust

Schwab Target 2035 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 74.9% OF NET ASSETS |
| **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** | **U.S. Stocks 36.9%** |
| **Large-Cap 31.9%** | **Large-Cap 31.9%** | **Large-Cap 31.9%** | **Large-Cap 31.9%** | **Large-Cap 31.9%** | **Large-Cap 31.9%** | **Large-Cap 31.9%** | **Large-Cap 31.9%** | **Large-Cap 31.9%** |
| Schwab Core Equity Fund  | $24095135 | $1476659 | $— | $— | ($1294985)<br>| $24276809 | 973018 | $1476659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 25691386 | 435619 | (2108606)<br>| 551887 | 874657 | 25444943 | 760913 | 435619 |
| Schwab S&P 500 Index Fund  | 125276331 | 1378890 | (1185234)<br>| 20653 | 783235 | 126273875 | 7098026 | 1378890 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 47368231 | 5702478 |  |  | (7548537)<br>| 45522172 | 1771980 | 5702478 |
|  |  |  |  |  |  | 221517799 |  |  |
| **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** | **Mid-Cap 1.6%** |
| Schwab U.S. Mid-Cap Index Fund  | 10820474 | 227647 |  |  | 220195 | 11268316 | 759832 | 227647 |
| **Small-Cap 3.4%** | **Small-Cap 3.4%** | **Small-Cap 3.4%** | **Small-Cap 3.4%** | **Small-Cap 3.4%** | **Small-Cap 3.4%** | **Small-Cap 3.4%** | **Small-Cap 3.4%** | **Small-Cap 3.4%** |
| Schwab Small-Cap Equity Fund  | 22252900 | 1799025 | (555072)<br>| 18106 | (173094)<br>| 23341865 | 1087692 | 1799025 |
|  |  |  |  |  |  | 256127980 |  |  |
| **International Stocks 18.5%** | **International Stocks 18.5%** | **International Stocks 18.5%** | **International Stocks 18.5%** | **International Stocks 18.5%** | **International Stocks 18.5%** | **International Stocks 18.5%** | **International Stocks 18.5%** | **International Stocks 18.5%** |
| **Developed Markets 18.5%** | **Developed Markets 18.5%** | **Developed Markets 18.5%** | **Developed Markets 18.5%** | **Developed Markets 18.5%** | **Developed Markets 18.5%** | **Developed Markets 18.5%** | **Developed Markets 18.5%** | **Developed Markets 18.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 6904235 | 355269 | (1664126)<br>| 450784 | 125974 | 6172136 | 414515 | 355269 |
| Schwab International Core Equity Fund  | 50530217 | 2702051 | (2039140)<br>| 137213 | 2988943 | 54319284 | 3384379 | 2702051 |
| Schwab International Opportunities Fund  | 67398387 | 4041763 | (4774247)<br>| 354755 | 860980 | 67881638 | 2659939 | 4041763 |
|  |  |  |  |  |  | 128373058 |  |  |
| **Real Estate 3.8%** | **Real Estate 3.8%** | **Real Estate 3.8%** | **Real Estate 3.8%** | **Real Estate 3.8%** | **Real Estate 3.8%** | **Real Estate 3.8%** | **Real Estate 3.8%** | **Real Estate 3.8%** |
| **Global Real Estate 3.8%** | **Global Real Estate 3.8%** | **Global Real Estate 3.8%** | **Global Real Estate 3.8%** | **Global Real Estate 3.8%** | **Global Real Estate 3.8%** | **Global Real Estate 3.8%** | **Global Real Estate 3.8%** | **Global Real Estate 3.8%** |
| Schwab Global Real Estate Fund  | 27695427 | 165097 | (3204970)<br>| (419939)<br>| 1949791 | 26185406 | 3724809 | 165097 |
| **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** |
| **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** | **Inflation-Protected Bond 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Treasury Inflation Protected <br> Securities Index Fund <br>| 2977398 | 1822495 |  |  | (39809)<br>| 4760084 | 459024 | 47106 |
| **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** | **Intermediate-Term Bond 11.2%** |
| Schwab U.S. Aggregate Bond Index Fund  | 71095119 | 6866525 |  |  | (320359)<br>| 77641285 | 8607681 | 742993 |
| **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** | **Short-Term Bond 3.2%** |
| Schwab Short-Term Bond Index Fund  | 20538080 | 2070637 |  |  | (209)<br>| 22608508 | 2333179 | 213918 |
|  |  |  |  |  |  | 105009877 |  |  |

---

**11**

------

Schwab Target 2035 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 0.6%** | **Money Market Funds 0.6%** | **Money Market Funds 0.6%** | **Money Market Funds 0.6%** | **Money Market Funds 0.6%** | **Money Market Funds 0.6%** | **Money Market Funds 0.6%** | **Money Market Funds 0.6%** | **Money Market Funds 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| $4194259 | $40084 | $— | $— | $— | $4234343 | 4234343 | $38739 |
| **Total Affiliated Underlying Funds**<br> **(Cost $346,689,464)**<br>| **$506837579** | **$29084239** | **($15531395)**<br>| **$1113459** | **($1573218)**<br>| **$519930664** |  | **$19327254** |
| **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 24.4% OF NET ASSETS |
| **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** | **U.S. Stocks 7.4%** |
| **Large-Cap 6.4%** | **Large-Cap 6.4%** | **Large-Cap 6.4%** | **Large-Cap 6.4%** | **Large-Cap 6.4%** | **Large-Cap 6.4%** | **Large-Cap 6.4%** | **Large-Cap 6.4%** | **Large-Cap 6.4%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $32794142 | 1947396 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 11696951 | 164699 |  |
|  |  |  |  |  |  | 44491093 |  |  |
| **Small-Cap 1.0%** | **Small-Cap 1.0%** | **Small-Cap 1.0%** | **Small-Cap 1.0%** | **Small-Cap 1.0%** | **Small-Cap 1.0%** | **Small-Cap 1.0%** | **Small-Cap 1.0%** | **Small-Cap 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 7222696 | 249575 |  |
|  |  |  |  |  |  | 51713789 |  |  |
| **International Stocks 1.9%** | **International Stocks 1.9%** | **International Stocks 1.9%** | **International Stocks 1.9%** | **International Stocks 1.9%** | **International Stocks 1.9%** | **International Stocks 1.9%** | **International Stocks 1.9%** | **International Stocks 1.9%** |
| **Emerging Markets 1.9%** | **Emerging Markets 1.9%** | **Emerging Markets 1.9%** | **Emerging Markets 1.9%** | **Emerging Markets 1.9%** | **Emerging Markets 1.9%** | **Emerging Markets 1.9%** | **Emerging Markets 1.9%** | **Emerging Markets 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets Equity <br> Insights Fund, Institutional Class <br>|  |  |  |  |  | 12940178 | 1051192 |  |
| **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** | **Fixed Income 15.1%** |
| **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** | **Intermediate-Term Bond 11.1%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 25560269 | 2252006 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 30700179 | 3091660 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 20650372 | 2088005 |  |
|  |  |  |  |  |  | 76910820 |  |  |
| **International Bond 4.0%** | **International Bond 4.0%** | **International Bond 4.0%** | **International Bond 4.0%** | **International Bond 4.0%** | **International Bond 4.0%** | **International Bond 4.0%** | **International Bond 4.0%** | **International Bond 4.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 28153783 | 2829526 |  |
|  |  |  |  |  |  | 105064603 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $156,927,264)**<br>|  |  |  |  |  | **$169718570** |  |  |
| **Total Investments in Securities**<br> **(Cost $503,616,728)**<br>|  |  |  |  |  | **$689649234** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**12**

------

Schwab Capital Trust

Schwab Target 2040 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 75.8% OF NET ASSETS |
| **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** | **U.S. Stocks 40.7%** |
| **Large-Cap 34.9%** | **Large-Cap 34.9%** | **Large-Cap 34.9%** | **Large-Cap 34.9%** | **Large-Cap 34.9%** | **Large-Cap 34.9%** | **Large-Cap 34.9%** | **Large-Cap 34.9%** | **Large-Cap 34.9%** |
| Schwab Core Equity Fund  | $52502458 | $3217591 | ($1102619)<br>| $14584 | ($2836312)<br>| $51795702 | 2075980 | $3217591 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large <br> Company Index Fund <br>| 61165910 | 1037119 | (3625470)<br>| 859616 | 2531582 | 61968757 | 1853133 | 1037119 |
| Schwab S&P 500 Index Fund  | 254421291 | 2781194 | (2700000)<br>| 1334690 | 238009 | 256075184 | 14394333 | 2781194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Select Large Cap Growth <br> Fund <sup>\*</sup> <br>| 106349890 | 12677058 | (1000000)<br>| 76370 | (16903938)<br>| 101199380 | 3939252 | 12677058 |
|  |  |  |  |  |  | 471039023 |  |  |
| **Mid-Cap 1.7%** | **Mid-Cap 1.7%** | **Mid-Cap 1.7%** | **Mid-Cap 1.7%** | **Mid-Cap 1.7%** | **Mid-Cap 1.7%** | **Mid-Cap 1.7%** | **Mid-Cap 1.7%** | **Mid-Cap 1.7%** |
| Schwab U.S. Mid-Cap Index Fund  | 22345454 | 470115 |  |  | 454727 | 23270296 | 1569137 | 470115 |
| **Small-Cap 4.1%** | **Small-Cap 4.1%** | **Small-Cap 4.1%** | **Small-Cap 4.1%** | **Small-Cap 4.1%** | **Small-Cap 4.1%** | **Small-Cap 4.1%** | **Small-Cap 4.1%** | **Small-Cap 4.1%** |
| Schwab Small-Cap Equity Fund  | 54562103 | 4411046 | (3147950)<br>| 102682 | (482699)<br>| 55445182 | 2583652 | 4411046 |
|  |  |  |  |  |  | 549754501 |  |  |
| **International Stocks 20.9%** | **International Stocks 20.9%** | **International Stocks 20.9%** | **International Stocks 20.9%** | **International Stocks 20.9%** | **International Stocks 20.9%** | **International Stocks 20.9%** | **International Stocks 20.9%** | **International Stocks 20.9%** |
| **Developed Markets 20.9%** | **Developed Markets 20.9%** | **Developed Markets 20.9%** | **Developed Markets 20.9%** | **Developed Markets 20.9%** | **Developed Markets 20.9%** | **Developed Markets 20.9%** | **Developed Markets 20.9%** | **Developed Markets 20.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International <br> Equity Index Fund <br>| 13952215 | 717932 | (2046733)<br>| 430482 | 666892 | 13720788 | 921477 | 717932 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab International Core Equity <br> Fund <br>| 110935637 | 5878764 | (4862407)<br>| 596964 | 6205830 | 118754788 | 7399052 | 5878764 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab International Opportunities <br> Fund <br>| 152335552 | 9135295 | (13325920)<br>| 993303 | 1594924 | 150733154 | 5906472 | 9135295 |
|  |  |  |  |  |  | 283208730 |  |  |
| **Real Estate 4.1%** | **Real Estate 4.1%** | **Real Estate 4.1%** | **Real Estate 4.1%** | **Real Estate 4.1%** | **Real Estate 4.1%** | **Real Estate 4.1%** | **Real Estate 4.1%** | **Real Estate 4.1%** |
| **Global Real Estate 4.1%** | **Global Real Estate 4.1%** | **Global Real Estate 4.1%** | **Global Real Estate 4.1%** | **Global Real Estate 4.1%** | **Global Real Estate 4.1%** | **Global Real Estate 4.1%** | **Global Real Estate 4.1%** | **Global Real Estate 4.1%** |
| Schwab Global Real Estate Fund  | 58380434 | 355017 | (6297729)<br>| (792792)<br>| 4052526 | 55697456 | 7922824 | 355017 |
| **Fixed Income 9.7%** | **Fixed Income 9.7%** | **Fixed Income 9.7%** | **Fixed Income 9.7%** | **Fixed Income 9.7%** | **Fixed Income 9.7%** | **Fixed Income 9.7%** | **Fixed Income 9.7%** | **Fixed Income 9.7%** |
| **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** | **Intermediate-Term Bond 7.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab U.S. Aggregate Bond Index <br> Fund <br>| 94113911 | 7346480 |  |  | (428710)<br>| 101031681 | 11200852 | 981860 |
| **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** | **Short-Term Bond 2.2%** |
| Schwab Short-Term Bond Index Fund  | 27657147 | 1929759 |  |  | (282)<br>| 29586624 | 3053315 | 288068 |
|  |  |  |  |  |  | 130618305 |  |  |

---

**13**

------

Schwab Target 2040 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, <br> Ultra Shares, 3.55% <sup>(b)</sup> <br>| $5246788 | $50143 | $— | $— | $— | $5296931 | 5296931 | $48461 |
| **Total Affiliated Underlying Funds**<br> **(Cost $617,132,904)**<br>| **$1013968790** | **$50007513** | **($38108828)**<br>| **$3615899** | **($4907451)**<br>| **$1024575923** |  | **$41999520** |
| **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 23.5% OF NET ASSETS |
| **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** | **U.S. Stocks 8.5%** |
| **Large-Cap 7.3%** | **Large-Cap 7.3%** | **Large-Cap 7.3%** | **Large-Cap 7.3%** | **Large-Cap 7.3%** | **Large-Cap 7.3%** | **Large-Cap 7.3%** | **Large-Cap 7.3%** | **Large-Cap 7.3%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $71883632 | 4268624 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 26367527 | 371269 |  |
|  |  |  |  |  |  | 98251159 |  |  |
| **Small-Cap 1.2%** | **Small-Cap 1.2%** | **Small-Cap 1.2%** | **Small-Cap 1.2%** | **Small-Cap 1.2%** | **Small-Cap 1.2%** | **Small-Cap 1.2%** | **Small-Cap 1.2%** | **Small-Cap 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 15978847 | 552137 |  |
|  |  |  |  |  |  | 114230006 |  |  |
| **International Stocks 2.9%** | **International Stocks 2.9%** | **International Stocks 2.9%** | **International Stocks 2.9%** | **International Stocks 2.9%** | **International Stocks 2.9%** | **International Stocks 2.9%** | **International Stocks 2.9%** | **International Stocks 2.9%** |
| **Emerging Markets 2.9%** | **Emerging Markets 2.9%** | **Emerging Markets 2.9%** | **Emerging Markets 2.9%** | **Emerging Markets 2.9%** | **Emerging Markets 2.9%** | **Emerging Markets 2.9%** | **Emerging Markets 2.9%** | **Emerging Markets 2.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets <br> Equity Insights Fund, Institutional <br> Class <br>|  |  |  |  |  | 39149583 | 3180307 |  |
| **Fixed Income 12.1%** | **Fixed Income 12.1%** | **Fixed Income 12.1%** | **Fixed Income 12.1%** | **Fixed Income 12.1%** | **Fixed Income 12.1%** | **Fixed Income 12.1%** | **Fixed Income 12.1%** | **Fixed Income 12.1%** |
| **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** | **Intermediate-Term Bond 8.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Core Plus Bond Fund, <br> Class R6 <br>|  |  |  |  |  | 37018748 | 3261564 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, <br> Institutional Class <br>|  |  |  |  |  | 40958490 | 4124722 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 41382738 | 4184301 |  |
|  |  |  |  |  |  | 119359976 |  |  |
| **International Bond 3.3%** | **International Bond 3.3%** | **International Bond 3.3%** | **International Bond 3.3%** | **International Bond 3.3%** | **International Bond 3.3%** | **International Bond 3.3%** | **International Bond 3.3%** | **International Bond 3.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 44654144 | 4487854 |  |
|  |  |  |  |  |  | 164014120 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $288,168,502)**<br>|  |  |  |  |  | **$317393709** |  |  |
| **Total Investments in Securities**<br> **(Cost $905,301,406)**<br>|  |  |  |  |  | **$1341969632** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**14**

------

Schwab Capital Trust

Schwab Target 2045 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 77.4% OF NET ASSETS |
| **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** | **U.S. Stocks 43.4%** |
| **Large-Cap 37.1%** | **Large-Cap 37.1%** | **Large-Cap 37.1%** | **Large-Cap 37.1%** | **Large-Cap 37.1%** | **Large-Cap 37.1%** | **Large-Cap 37.1%** | **Large-Cap 37.1%** | **Large-Cap 37.1%** |
| Schwab Core Equity Fund  | $15630980 | $957939 | ($300000)<br>| ($9545)<br>| ($831987)<br>| $15447387 | 619134 | $957939 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 19526530 | 331088 |  |  | 1084233 | 20941851 | 626252 | 331088 |
| Schwab S&P 500 Index Fund  | 72056677 | 793112 | (690000)<br>| 816 | 450160 | 72610765 | 4081549 | 793112 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 33600237 | 4045002 |  |  | (5354488)<br>| 32290751 | 1256939 | 4045002 |
|  |  |  |  |  |  | 141290754 |  |  |
| **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** |
| Schwab U.S. Mid-Cap Index Fund  | 6579017 | 138413 |  |  | 133882 | 6851312 | 461990 | 138413 |
| **Small-Cap 4.5%** | **Small-Cap 4.5%** | **Small-Cap 4.5%** | **Small-Cap 4.5%** | **Small-Cap 4.5%** | **Small-Cap 4.5%** | **Small-Cap 4.5%** | **Small-Cap 4.5%** | **Small-Cap 4.5%** |
| Schwab Small-Cap Equity Fund  | 16388113 | 1324889 | (300000)<br>| (1018)<br>| (117953)<br>| 17294031 | 805873 | 1324889 |
|  |  |  |  |  |  | 165436097 |  |  |
| **International Stocks 23.2%** | **International Stocks 23.2%** | **International Stocks 23.2%** | **International Stocks 23.2%** | **International Stocks 23.2%** | **International Stocks 23.2%** | **International Stocks 23.2%** | **International Stocks 23.2%** | **International Stocks 23.2%** |
| **Developed Markets 23.2%** | **Developed Markets 23.2%** | **Developed Markets 23.2%** | **Developed Markets 23.2%** | **Developed Markets 23.2%** | **Developed Markets 23.2%** | **Developed Markets 23.2%** | **Developed Markets 23.2%** | **Developed Markets 23.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 4333872 | 223006 | (655427)<br>| 113133 | 248905 | 4263489 | 286332 | 223006 |
| Schwab International Core Equity Fund  | 33821420 | 1808566 | (1130599)<br>| 58962 | 2015120 | 36573469 | 2278721 | 1808566 |
| Schwab International Opportunities Fund  | 46325571 | 2778063 | (2312682)<br>| 96107 | 711855 | 47598914 | 1865161 | 2778063 |
|  |  |  |  |  |  | 88435872 |  |  |
| **Real Estate 4.4%** | **Real Estate 4.4%** | **Real Estate 4.4%** | **Real Estate 4.4%** | **Real Estate 4.4%** | **Real Estate 4.4%** | **Real Estate 4.4%** | **Real Estate 4.4%** | **Real Estate 4.4%** |
| **Global Real Estate 4.4%** | **Global Real Estate 4.4%** | **Global Real Estate 4.4%** | **Global Real Estate 4.4%** | **Global Real Estate 4.4%** | **Global Real Estate 4.4%** | **Global Real Estate 4.4%** | **Global Real Estate 4.4%** | **Global Real Estate 4.4%** |
| Schwab Global Real Estate Fund  | 17746450 | 107917 | (2094428)<br>| (303084)<br>| 1260309 | 16717164 | 2377975 | 107917 |
| **Fixed Income 6.2%** | **Fixed Income 6.2%** | **Fixed Income 6.2%** | **Fixed Income 6.2%** | **Fixed Income 6.2%** | **Fixed Income 6.2%** | **Fixed Income 6.2%** | **Fixed Income 6.2%** | **Fixed Income 6.2%** |
| **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** | **Intermediate-Term Bond 4.8%** |
| Schwab U.S. Aggregate Bond Index Fund  | 16032846 | 2267644 |  |  | (75051)<br>| 18225439 | 2020559 | 173667 |
| **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** | **Short-Term Bond 1.4%** |
| Schwab Short-Term Bond Index Fund  | 4934510 | 407042 |  |  | (50)<br>| 5341502 | 551239 | 51396 |
|  |  |  |  |  |  | 23566941 |  |  |
| **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| 686503 | 6561 |  |  |  | 693064 | 693064 | 6341 |
| **Total Affiliated Underlying Funds**<br> **(Cost $204,142,727)**<br>| **$287662726** | **$15189242** | **($7483136)**<br>| **($44629)**<br>| **($475065)**<br>| **$294849138** |  | **$12739399** |

---

**15**

------

Schwab Target 2045 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 21.8% OF NET ASSETS |
| **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** | **U.S. Stocks 9.4%** |
| **Large-Cap 7.8%** | **Large-Cap 7.8%** | **Large-Cap 7.8%** | **Large-Cap 7.8%** | **Large-Cap 7.8%** | **Large-Cap 7.8%** | **Large-Cap 7.8%** | **Large-Cap 7.8%** | **Large-Cap 7.8%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $21437408 | 1273005 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 8044892 | 113276 |  |
|  |  |  |  |  |  | 29482300 |  |  |
| **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** | **Small-Cap 1.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 6141126 | 212202 |  |
|  |  |  |  |  |  | 35623426 |  |  |
| **International Stocks 3.9%** | **International Stocks 3.9%** | **International Stocks 3.9%** | **International Stocks 3.9%** | **International Stocks 3.9%** | **International Stocks 3.9%** | **International Stocks 3.9%** | **International Stocks 3.9%** | **International Stocks 3.9%** |
| **Emerging Markets 3.9%** | **Emerging Markets 3.9%** | **Emerging Markets 3.9%** | **Emerging Markets 3.9%** | **Emerging Markets 3.9%** | **Emerging Markets 3.9%** | **Emerging Markets 3.9%** | **Emerging Markets 3.9%** | **Emerging Markets 3.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets Equity <br> Insights Fund, Institutional Class <br>|  |  |  |  |  | 14975234 | 1216510 |  |
| **Fixed Income 8.5%** | **Fixed Income 8.5%** | **Fixed Income 8.5%** | **Fixed Income 8.5%** | **Fixed Income 8.5%** | **Fixed Income 8.5%** | **Fixed Income 8.5%** | **Fixed Income 8.5%** | **Fixed Income 8.5%** |
| **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** | **Intermediate-Term Bond 6.2%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 6540026 | 576214 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 6785637 | 683347 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 10486409 | 1060304 |  |
|  |  |  |  |  |  | 23812072 |  |  |
| **International Bond 2.3%** | **International Bond 2.3%** | **International Bond 2.3%** | **International Bond 2.3%** | **International Bond 2.3%** | **International Bond 2.3%** | **International Bond 2.3%** | **International Bond 2.3%** | **International Bond 2.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 8710964 | 875474 |  |
|  |  |  |  |  |  | 32523036 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $73,702,856)**<br>|  |  |  |  |  | **$83121696** |  |  |
| **Total Investments in Securities**<br> **(Cost $277,845,583)**<br>|  |  |  |  |  | **$377970834** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**16**

------

Schwab Capital Trust

Schwab Target 2050 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 78.8% OF NET ASSETS |
| **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** | **U.S. Stocks 45.1%** |
| **Large-Cap 38.4%** | **Large-Cap 38.4%** | **Large-Cap 38.4%** | **Large-Cap 38.4%** | **Large-Cap 38.4%** | **Large-Cap 38.4%** | **Large-Cap 38.4%** | **Large-Cap 38.4%** | **Large-Cap 38.4%** |
| Schwab Core Equity Fund  | $16428658 | $1006823 | $— | $— | ($882952)<br>| $16552529 | 663428 | $1006823 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 19935088 | 338016 |  |  | 1106919 | 21380023 | 639355 | 338016 |
| Schwab S&P 500 Index Fund  | 76473326 | 841726 |  |  | 490723 | 77805775 | 4373568 | 841726 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 35432786 | 5945265 |  |  | (5646521)<br>| 35731530 | 1390873 | 4265616 |
|  |  |  |  |  |  | 151469857 |  |  |
| **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** | **Mid-Cap 1.8%** |
| Schwab U.S. Mid-Cap Index Fund  | 6757853 | 142175 |  |  | 137521 | 7037549 | 474548 | 142175 |
| **Small-Cap 4.9%** | **Small-Cap 4.9%** | **Small-Cap 4.9%** | **Small-Cap 4.9%** | **Small-Cap 4.9%** | **Small-Cap 4.9%** | **Small-Cap 4.9%** | **Small-Cap 4.9%** | **Small-Cap 4.9%** |
| Schwab Small-Cap Equity Fund  | 18217855 | 1472813 |  |  | (126885)<br>| 19563783 | 911639 | 1472813 |
|  |  |  |  |  |  | 178071189 |  |  |
| **International Stocks 25.3%** | **International Stocks 25.3%** | **International Stocks 25.3%** | **International Stocks 25.3%** | **International Stocks 25.3%** | **International Stocks 25.3%** | **International Stocks 25.3%** | **International Stocks 25.3%** | **International Stocks 25.3%** |
| **Developed Markets 25.3%** | **Developed Markets 25.3%** | **Developed Markets 25.3%** | **Developed Markets 25.3%** | **Developed Markets 25.3%** | **Developed Markets 25.3%** | **Developed Markets 25.3%** | **Developed Markets 25.3%** | **Developed Markets 25.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 5070164 | 245181 | (310000)<br>| 81951 | 320733 | 5408029 | 363199 | 245181 |
| Schwab International Core Equity Fund  | 37541060 | 2007469 | (300000)<br>| 13218 | 2301866 | 41563613 | 2589633 | 2007469 |
| Schwab International Opportunities Fund  | 51373898 | 3080802 | (2436324)<br>| 83144 | 827434 | 52928954 | 2074019 | 3080802 |
|  |  |  |  |  |  | 99900596 |  |  |
| **Real Estate 4.6%** | **Real Estate 4.6%** | **Real Estate 4.6%** | **Real Estate 4.6%** | **Real Estate 4.6%** | **Real Estate 4.6%** | **Real Estate 4.6%** | **Real Estate 4.6%** | **Real Estate 4.6%** |
| **Global Real Estate 4.6%** | **Global Real Estate 4.6%** | **Global Real Estate 4.6%** | **Global Real Estate 4.6%** | **Global Real Estate 4.6%** | **Global Real Estate 4.6%** | **Global Real Estate 4.6%** | **Global Real Estate 4.6%** | **Global Real Estate 4.6%** |
| Schwab Global Real Estate Fund  | 18613037 | 113187 | (1656960)<br>| (209772)<br>| 1249051 | 18108543 | 2575895 | 113187 |
| **Fixed Income 3.6%** | **Fixed Income 3.6%** | **Fixed Income 3.6%** | **Fixed Income 3.6%** | **Fixed Income 3.6%** | **Fixed Income 3.6%** | **Fixed Income 3.6%** | **Fixed Income 3.6%** | **Fixed Income 3.6%** |
| **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** |
| Schwab U.S. Aggregate Bond Index Fund  | 10037444 | 1053371 |  |  | (46917)<br>| 11043898 | 1224379 | 105363 |
| **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** | **Short-Term Bond 0.8%** |
| Schwab Short-Term Bond Index Fund  | 3363880 | 34284 |  |  | (35)<br>| 3398129 | 350684 | 35037 |
|  |  |  |  |  |  | 14442027 |  |  |
| **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** | **Money Market Funds 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Government Money Fund, Ultra <br> Shares, 3.55% <sup>(b)</sup> <br>| 295608 | 403216 |  |  |  | 698824 | 698824 | 3823 |
| **Total Affiliated Underlying Funds**<br> **(Cost $215,305,414)**<br>| **$299540657** | **$16684328** | **($4703284)**<br>| **($31459)**<br>| **($269063)**<br>| **$311221179** |  | **$13658031** |

---

**17**

------

Schwab Target 2050 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 20.7% OF NET ASSETS |
| **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** | **U.S. Stocks 9.8%** |
| **Large-Cap 8.1%** | **Large-Cap 8.1%** | **Large-Cap 8.1%** | **Large-Cap 8.1%** | **Large-Cap 8.1%** | **Large-Cap 8.1%** | **Large-Cap 8.1%** | **Large-Cap 8.1%** | **Large-Cap 8.1%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $23345849 | 1386333 |  |
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | 8490311 | 119548 |  |
|  |  |  |  |  |  | 31836160 |  |  |
| **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** | **Small-Cap 1.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 6561006 | 226711 |  |
|  |  |  |  |  |  | 38397166 |  |  |
| **International Stocks 5.3%** | **International Stocks 5.3%** | **International Stocks 5.3%** | **International Stocks 5.3%** | **International Stocks 5.3%** | **International Stocks 5.3%** | **International Stocks 5.3%** | **International Stocks 5.3%** | **International Stocks 5.3%** |
| **Emerging Markets 5.3%** | **Emerging Markets 5.3%** | **Emerging Markets 5.3%** | **Emerging Markets 5.3%** | **Emerging Markets 5.3%** | **Emerging Markets 5.3%** | **Emerging Markets 5.3%** | **Emerging Markets 5.3%** | **Emerging Markets 5.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets Equity <br> Insights Fund, Institutional Class <br>|  |  |  |  |  | 21028451 | 1708241 |  |
| **Fixed Income 5.6%** | **Fixed Income 5.6%** | **Fixed Income 5.6%** | **Fixed Income 5.6%** | **Fixed Income 5.6%** | **Fixed Income 5.6%** | **Fixed Income 5.6%** | **Fixed Income 5.6%** | **Fixed Income 5.6%** |
| **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** | **Intermediate-Term Bond 4.2%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 4237192 | 373321 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 3802122 | 382892 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 8444192 | 853811 |  |
|  |  |  |  |  |  | 16483506 |  |  |
| **International Bond 1.4%** | **International Bond 1.4%** | **International Bond 1.4%** | **International Bond 1.4%** | **International Bond 1.4%** | **International Bond 1.4%** | **International Bond 1.4%** | **International Bond 1.4%** | **International Bond 1.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 5620876 | 564912 |  |
|  |  |  |  |  |  | 22104382 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $70,206,454)**<br>|  |  |  |  |  | **$81529999** |  |  |
| **Total Investments in Securities**<br> **(Cost $285,511,868)**<br>|  |  |  |  |  | **$392751178** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

<sup>(b)</sup> The rate shown is the annualized 7-day yield.

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**18**

------

Schwab Capital Trust

Schwab Target 2055 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 79.8% OF NET ASSETS |
| **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** | **U.S. Stocks 46.2%** |
| **Large-Cap 38.8%** | **Large-Cap 38.8%** | **Large-Cap 38.8%** | **Large-Cap 38.8%** | **Large-Cap 38.8%** | **Large-Cap 38.8%** | **Large-Cap 38.8%** | **Large-Cap 38.8%** | **Large-Cap 38.8%** |
| Schwab Core Equity Fund  | $12307744 | $1254275 | $— | $— | ($662277)<br>| $12899742 | 517024 | $754274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 15870191 | 269092 |  |  | 881212 | 17020495 | 508986 | 269092 |
| Schwab S&P 500 Index Fund  | 54928536 | 599027 | (500000)<br>| 36524 | 307563 | 55371650 | 3112515 | 599027 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 27402334 | 3648861 |  |  | (4366799)<br>| 26684396 | 1038708 | 3298861 |
|  |  |  |  |  |  | 111976283 |  |  |
| **Mid-Cap 1.9%** | **Mid-Cap 1.9%** | **Mid-Cap 1.9%** | **Mid-Cap 1.9%** | **Mid-Cap 1.9%** | **Mid-Cap 1.9%** | **Mid-Cap 1.9%** | **Mid-Cap 1.9%** | **Mid-Cap 1.9%** |
| Schwab U.S. Mid-Cap Index Fund  | 4953439 | 314213 |  |  | 104843 | 5372495 | 362272 | 104213 |
| **Small-Cap 5.5%** | **Small-Cap 5.5%** | **Small-Cap 5.5%** | **Small-Cap 5.5%** | **Small-Cap 5.5%** | **Small-Cap 5.5%** | **Small-Cap 5.5%** | **Small-Cap 5.5%** | **Small-Cap 5.5%** |
| Schwab Small-Cap Equity Fund  | 15136510 | 1195807 | (350000)<br>| (12650)<br>| (85434)<br>| 15884233 | 740179 | 1195807 |
|  |  |  |  |  |  | 133233011 |  |  |
| **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** |
| **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 3405345 | 175227 |  |  | 284473 | 3865045 | 259573 | 175227 |
| Schwab International Core Equity Fund  | 27604604 | 1476128 |  |  | 1707816 | 30788548 | 1918290 | 1476128 |
| Schwab International Opportunities Fund  | 37622507 | 2256156 |  |  | 671264 | 40549927 | 1588947 | 2256156 |
|  |  |  |  |  |  | 75203520 |  |  |
| **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** |
| **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** |
| Schwab Global Real Estate Fund  | 13591304 | 82650 |  |  | 758885 | 14432839 | 2053035 | 82650 |
| **Fixed Income 2.6%** | **Fixed Income 2.6%** | **Fixed Income 2.6%** | **Fixed Income 2.6%** | **Fixed Income 2.6%** | **Fixed Income 2.6%** | **Fixed Income 2.6%** | **Fixed Income 2.6%** | **Fixed Income 2.6%** |
| **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** | **Intermediate-Term Bond 2.0%** |
| Schwab U.S. Aggregate Bond Index Fund  | 4939296 | 856858 |  |  | (22844)<br>| 5773310 | 640057 | 57866 |
| **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** | **Short-Term Bond 0.6%** |
| Schwab Short-Term Bond Index Fund  | 1496016 | 216338 |  |  | (16)<br>| 1712338 | 176712 | 16672 |
|  |  |  |  |  |  | 7485648 |  |  |
| **Total Affiliated Underlying Funds**<br> **(Cost $163,268,874)**<br>| **$219257826** | **$12344632** | **($850000)**<br>| **$23874** | **($421314)**<br>| **$230355018** |  | **$10285973** |
| **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.6% OF NET ASSETS |
| **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** | **U.S. Stocks 10.1%** |
| **Large-Cap 8.3%** | **Large-Cap 8.3%** | **Large-Cap 8.3%** | **Large-Cap 8.3%** | **Large-Cap 8.3%** | **Large-Cap 8.3%** | **Large-Cap 8.3%** | **Large-Cap 8.3%** | **Large-Cap 8.3%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $17420975 | 1034500 |  |

---

**19**

------

Schwab Target 2055 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | $6529868 | 91944 |  |
|  |  |  |  |  |  | 23950843 |  |  |
| **Small-Cap 1.8%** | **Small-Cap 1.8%** | **Small-Cap 1.8%** | **Small-Cap 1.8%** | **Small-Cap 1.8%** | **Small-Cap 1.8%** | **Small-Cap 1.8%** | **Small-Cap 1.8%** | **Small-Cap 1.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 5159547 | 178284 |  |
|  |  |  |  |  |  | 29110390 |  |  |
| **International Stocks 5.7%** | **International Stocks 5.7%** | **International Stocks 5.7%** | **International Stocks 5.7%** | **International Stocks 5.7%** | **International Stocks 5.7%** | **International Stocks 5.7%** | **International Stocks 5.7%** | **International Stocks 5.7%** |
| **Emerging Markets 5.7%** | **Emerging Markets 5.7%** | **Emerging Markets 5.7%** | **Emerging Markets 5.7%** | **Emerging Markets 5.7%** | **Emerging Markets 5.7%** | **Emerging Markets 5.7%** | **Emerging Markets 5.7%** | **Emerging Markets 5.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets Equity <br> Insights Fund, Institutional Class <br>|  |  |  |  |  | 16515631 | 1341643 |  |
| **Fixed Income 3.8%** | **Fixed Income 3.8%** | **Fixed Income 3.8%** | **Fixed Income 3.8%** | **Fixed Income 3.8%** | **Fixed Income 3.8%** | **Fixed Income 3.8%** | **Fixed Income 3.8%** | **Fixed Income 3.8%** |
| **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** | **Intermediate-Term Bond 2.8%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 2202237 | 194030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Baird Aggregate Bond Fund, Institutional <br> Class <br>|  |  |  |  |  | 683363 | 68818 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond <br> Fund, Class Y <br>|  |  |  |  |  | 5118420 | 517535 |  |
|  |  |  |  |  |  | 8004020 |  |  |
| **International Bond 1.0%** | **International Bond 1.0%** | **International Bond 1.0%** | **International Bond 1.0%** | **International Bond 1.0%** | **International Bond 1.0%** | **International Bond 1.0%** | **International Bond 1.0%** | **International Bond 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional <br> Class <br>|  |  |  |  |  | 2855889 | 287024 |  |
|  |  |  |  |  |  | 10859909 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $47,755,404)**<br>|  |  |  |  |  | **$56485930** |  |  |
| **Total Investments in Securities**<br> **(Cost $211,024,278)**<br>|  |  |  |  |  | **$286840948** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**20**

------

Schwab Capital Trust

Schwab Target 2060 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.2% OF NET ASSETS |
| **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** | **U.S. Stocks 47.2%** |
| **Large-Cap 39.6%** | **Large-Cap 39.6%** | **Large-Cap 39.6%** | **Large-Cap 39.6%** | **Large-Cap 39.6%** | **Large-Cap 39.6%** | **Large-Cap 39.6%** | **Large-Cap 39.6%** | **Large-Cap 39.6%** |
| Schwab Core Equity Fund  | $5555064 | $600440 | $— | $— | ($300803)<br>| $5854701 | 234657 | $340440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 7042189 | 251572 |  |  | 395820 | 7689581 | 229952 | 121572 |
| Schwab S&P 500 Index Fund  | 23781340 | 1103403 |  |  | 156399 | 25041142 | 1407597 | 263403 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 12041429 | 2234615 |  |  | (1941516)<br>| 12334528 | 480130 | 1469615 |
|  |  |  |  |  |  | 50919952 |  |  |
| **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** |
| Schwab U.S. Mid-Cap Index Fund  | 2362901 | 179712 |  |  | 46014 | 2588627 | 174553 | 49712 |
| **Small-Cap 5.6%** | **Small-Cap 5.6%** | **Small-Cap 5.6%** | **Small-Cap 5.6%** | **Small-Cap 5.6%** | **Small-Cap 5.6%** | **Small-Cap 5.6%** | **Small-Cap 5.6%** | **Small-Cap 5.6%** |
| Schwab Small-Cap Equity Fund  | 6663726 | 668725 | (100000)<br>| (5788)<br>| (41300)<br>| 7185363 | 334826 | 538726 |
|  |  |  |  |  |  | 60693942 |  |  |
| **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** | **International Stocks 26.0%** |
| **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** | **Developed Markets 26.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 1577440 | 81170 | (120000)<br>| 11788 | 116161 | 1666559 | 111925 | 81170 |
| Schwab International Core Equity Fund  | 12356371 | 760745 | (300000)<br>| 10628 | 752910 | 13580654 | 846147 | 660744 |
| Schwab International Opportunities Fund  | 16590387 | 1472186 | (130000)<br>| (11487)<br>| 318045 | 18239131 | 714699 | 1022187 |
|  |  |  |  |  |  | 33486344 |  |  |
| **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** | **Real Estate 5.1%** |
| **Global Real Estate 5.1%** | **Global Real Estate 5.1%** | **Global Real Estate 5.1%** | **Global Real Estate 5.1%** | **Global Real Estate 5.1%** | **Global Real Estate 5.1%** | **Global Real Estate 5.1%** | **Global Real Estate 5.1%** | **Global Real Estate 5.1%** |
| Schwab Global Real Estate Fund  | 6175478 | 123070 | (130000)<br>| (17505)<br>| 365380 | 6516423 | 926945 | 38070 |
| **Fixed Income 1.9%** | **Fixed Income 1.9%** | **Fixed Income 1.9%** | **Fixed Income 1.9%** | **Fixed Income 1.9%** | **Fixed Income 1.9%** | **Fixed Income 1.9%** | **Fixed Income 1.9%** | **Fixed Income 1.9%** |
| **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** | **Intermediate-Term Bond 1.4%** |
| Schwab U.S. Aggregate Bond Index Fund  | 1696417 | 108062 |  |  | (7937)<br>| 1796542 | 199173 | 18438 |
| **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** |
| Schwab Short-Term Bond Index Fund  | 582704 | 126284 |  |  | (253)<br>| 708735 | 73141 | 6415 |
|  |  |  |  |  |  | 2505277 |  |  |
| **Total Affiliated Underlying Funds**<br> **(Cost $78,492,112)**<br>| **$96425446** | **$7709984** | **($780000)**<br>| **($12364)**<br>| **($141080)**<br>| **$103201986** |  | **$4610492** |
| **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.3% OF NET ASSETS |
| **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** | **U.S. Stocks 10.7%** |
| **Large-Cap 8.6%** | **Large-Cap 8.6%** | **Large-Cap 8.6%** | **Large-Cap 8.6%** | **Large-Cap 8.6%** | **Large-Cap 8.6%** | **Large-Cap 8.6%** | **Large-Cap 8.6%** | **Large-Cap 8.6%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $7989040 | 474409 |  |

---

**21**

------

Schwab Target 2060 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | $3011611 | 42405 |  |
|  |  |  |  |  |  | 11000651 |  |  |
| **Small-Cap 2.1%** | **Small-Cap 2.1%** | **Small-Cap 2.1%** | **Small-Cap 2.1%** | **Small-Cap 2.1%** | **Small-Cap 2.1%** | **Small-Cap 2.1%** | **Small-Cap 2.1%** | **Small-Cap 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 2717702 | 93908 |  |
|  |  |  |  |  |  | 13718353 |  |  |
| **International Stocks 6.2%** | **International Stocks 6.2%** | **International Stocks 6.2%** | **International Stocks 6.2%** | **International Stocks 6.2%** | **International Stocks 6.2%** | **International Stocks 6.2%** | **International Stocks 6.2%** | **International Stocks 6.2%** |
| **Emerging Markets 6.2%** | **Emerging Markets 6.2%** | **Emerging Markets 6.2%** | **Emerging Markets 6.2%** | **Emerging Markets 6.2%** | **Emerging Markets 6.2%** | **Emerging Markets 6.2%** | **Emerging Markets 6.2%** | **Emerging Markets 6.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets Equity <br> Insights Fund, Institutional Class <br>|  |  |  |  |  | 8037204 | 652900 |  |
| **Fixed Income 2.4%** | **Fixed Income 2.4%** | **Fixed Income 2.4%** | **Fixed Income 2.4%** | **Fixed Income 2.4%** | **Fixed Income 2.4%** | **Fixed Income 2.4%** | **Fixed Income 2.4%** | **Fixed Income 2.4%** |
| **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** | **Intermediate-Term Bond 1.7%** |
| Allspring Core Plus Bond Fund, Class R6  |  |  |  |  |  | 527532 | 46479 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond Fund, <br> Class Y <br>|  |  |  |  |  | 1675565 | 169420 |  |
|  |  |  |  |  |  | 2203097 |  |  |
| **International Bond 0.7%** | **International Bond 0.7%** | **International Bond 0.7%** | **International Bond 0.7%** | **International Bond 0.7%** | **International Bond 0.7%** | **International Bond 0.7%** | **International Bond 0.7%** | **International Bond 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional Class <br>|  |  |  |  |  | 883255 | 88769 |  |
|  |  |  |  |  |  | 3086352 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $20,958,301)**<br>|  |  |  |  |  | **$24841909** |  |  |
| **Total Investments in Securities**<br> **(Cost $99,450,413)**<br>|  |  |  |  |  | **$128043895** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**22**

------

Schwab Capital Trust

Schwab Target 2065 Fund

------

**Portfolio Holdings** as of January 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

This section includes a summary of the fund's transactions with its affiliated underlying funds during the period.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup> <br>|
| **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS | **AFFILIATED UNDERLYING FUNDS** 80.4% OF NET ASSETS |
| **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** | **U.S. Stocks 48.0%** |
| **Large-Cap 40.0%** | **Large-Cap 40.0%** | **Large-Cap 40.0%** | **Large-Cap 40.0%** | **Large-Cap 40.0%** | **Large-Cap 40.0%** | **Large-Cap 40.0%** | **Large-Cap 40.0%** | **Large-Cap 40.0%** |
| Schwab Core Equity Fund  | $1860009 | $360184 | $— | $— | ($105082)<br>| $2115111 | 84774 | $120184 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental U.S. Large Company <br> Index Fund <br>| 2450527 | 191552 |  |  | 140252 | 2782331 | 83204 | 41551 |
| Schwab S&P 500 Index Fund  | 7921809 | 1088853 | (225000)<br>| (4364)<br>| 56245 | 8837543 | 496770 | 88853 |
| Schwab Select Large Cap Growth Fund <sup>\*</sup> <br>| 4033614 | 1012771 |  |  | (676051)<br>| 4370334 | 170118 | 512771 |
|  |  |  |  |  |  | 18105319 |  |  |
| **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** | **Mid-Cap 2.0%** |
| Schwab U.S. Mid-Cap Index Fund  | 786959 | 128019 |  |  | 16710 | 931688 | 62825 | 18019 |
| **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** | **Small-Cap 6.0%** |
| Schwab Small-Cap Equity Fund  | 2368392 | 391471 | (40000)<br>| (3361)<br>| (8705)<br>| 2707797 | 126179 | 191471 |
|  |  |  |  |  |  | 21744804 |  |  |
| **International Stocks 26.4%** | **International Stocks 26.4%** | **International Stocks 26.4%** | **International Stocks 26.4%** | **International Stocks 26.4%** | **International Stocks 26.4%** | **International Stocks 26.4%** | **International Stocks 26.4%** | **International Stocks 26.4%** |
| **Developed Markets 26.4%** | **Developed Markets 26.4%** | **Developed Markets 26.4%** | **Developed Markets 26.4%** | **Developed Markets 26.4%** | **Developed Markets 26.4%** | **Developed Markets 26.4%** | **Developed Markets 26.4%** | **Developed Markets 26.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Schwab Fundamental International Equity <br> Index Fund <br>| 519065 | 66710 | (50000)<br>| 514 | 42522 | 578811 | 38872 | 26710 |
| Schwab International Core Equity Fund  | 4298511 | 309858 |  |  | 269968 | 4878337 | 303946 | 229858 |
| Schwab International Opportunities Fund  | 5651505 | 884109 | (160000)<br>| (20067)<br>| 131630 | 6487177 | 254200 | 359109 |
|  |  |  |  |  |  | 11944325 |  |  |
| **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** | **Real Estate 5.0%** |
| **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** | **Global Real Estate 5.0%** |
| Schwab Global Real Estate Fund  | 2139374 | 143191 | (110000)<br>| (8238)<br>| 131330 | 2295657 | 326552 | 13191 |
| **Fixed Income 1.0%** | **Fixed Income 1.0%** | **Fixed Income 1.0%** | **Fixed Income 1.0%** | **Fixed Income 1.0%** | **Fixed Income 1.0%** | **Fixed Income 1.0%** | **Fixed Income 1.0%** | **Fixed Income 1.0%** |
| **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** | **Intermediate-Term Bond 0.5%** |
| Schwab U.S. Aggregate Bond Index Fund  | 231826 | 2347 |  |  | (1030)<br>| 233143 | 25847 | 2192 |
| **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** | **Short-Term Bond 0.5%** |
| Schwab Short-Term Bond Index Fund  | 210489 | 2144 |  |  | (2)<br>| 212631 | 21943 | 2398 |
|  |  |  |  |  |  | 445774 |  |  |
| **Total Affiliated Underlying Funds**<br> **(Cost $29,823,505)**<br>| **$32472080** | **$4581209** | **($585000)**<br>| **($35516)**<br>| **($2213)**<br>| **$36430560** |  | **$1606307** |
| **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS | **UNAFFILIATED UNDERLYING FUNDS** 19.1% OF NET ASSETS |
| **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** | **U.S. Stocks 10.9%** |
| **Large-Cap 8.9%** | **Large-Cap 8.9%** | **Large-Cap 8.9%** | **Large-Cap 8.9%** | **Large-Cap 8.9%** | **Large-Cap 8.9%** | **Large-Cap 8.9%** | **Large-Cap 8.9%** | **Large-Cap 8.9%** |
| Dodge & Cox Stock Fund, Class I  |  |  |  |  |  | $2893682 | 171834 |  |

---

**23**

------

Schwab Target 2065 Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/25<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE IN<br> UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 1/31/26<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 1/31/26<br>| DISTRIBUTIONS<br> RECEIVED <sup>(a)</sup><br>|
| PGIM Jennison Growth Fund, Class R6  |  |  |  |  |  | $1107490 | 15594 |  |
|  |  |  |  |  |  | 4001172 |  |  |
| **Small-Cap 2.0%** | **Small-Cap 2.0%** | **Small-Cap 2.0%** | **Small-Cap 2.0%** | **Small-Cap 2.0%** | **Small-Cap 2.0%** | **Small-Cap 2.0%** | **Small-Cap 2.0%** | **Small-Cap 2.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Driehaus Small Cap Growth Fund, <br> Institutional Class <br>|  |  |  |  |  | 904651 | 31260 |  |
|  |  |  |  |  |  | 4905823 |  |  |
| **International Stocks 6.8%** | **International Stocks 6.8%** | **International Stocks 6.8%** | **International Stocks 6.8%** | **International Stocks 6.8%** | **International Stocks 6.8%** | **International Stocks 6.8%** | **International Stocks 6.8%** | **International Stocks 6.8%** |
| **Emerging Markets 6.8%** | **Emerging Markets 6.8%** | **Emerging Markets 6.8%** | **Emerging Markets 6.8%** | **Emerging Markets 6.8%** | **Emerging Markets 6.8%** | **Emerging Markets 6.8%** | **Emerging Markets 6.8%** | **Emerging Markets 6.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Emerging Markets Equity <br> Insights Fund, Institutional Class <br>|  |  |  |  |  | 3079254 | 250143 |  |
| **Fixed Income 1.4%** | **Fixed Income 1.4%** | **Fixed Income 1.4%** | **Fixed Income 1.4%** | **Fixed Income 1.4%** | **Fixed Income 1.4%** | **Fixed Income 1.4%** | **Fixed Income 1.4%** | **Fixed Income 1.4%** |
| **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** | **Intermediate-Term Bond 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Loomis Sayles Investment Grade Bond Fund, <br> Class Y <br>|  |  |  |  |  | 397521 | 40194 |  |
| **International Bond 0.5%** | **International Bond 0.5%** | **International Bond 0.5%** | **International Bond 0.5%** | **International Bond 0.5%** | **International Bond 0.5%** | **International Bond 0.5%** | **International Bond 0.5%** | **International Bond 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; PIMCO International Bond Fund <br> (U.S. Dollar-Hedged), Institutional Class <br>|  |  |  |  |  | 239669 | 24087 |  |
|  |  |  |  |  |  | 637190 |  |  |
| **Total Unaffiliated Underlying Funds**<br> **(Cost $7,430,569)**<br>|  |  |  |  |  | **$8622267** |  |  |
| **Total Investments in Securities**<br> **(Cost $37,254,074)**<br>|  |  |  |  |  | **$45052827** |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>\*</sup> Non-income producing security.

<sup>(a)</sup> Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only presented for affiliated underlying funds. 

At January 31, 2026, all of the fund's investment securities were classified as Level 1.

**24**

------

Schwab Multi-Asset 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **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.

&nbsp;&nbsp;&nbsp;&nbsp;● **Mutual funds:** Mutual funds are valued at their respective net asset values.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● 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.

REG87628JAN26

**25**

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SCHWAB CAPITAL TRUST

- **b. Investment Company Act file number:** 811-07704

- **c. CIK number of Registrant:** 0000904333

- **d. LEI of Registrant:** 549300PEK1H7N1HLC797

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 9800 Schwab Way

  - **City:** Lone Tree

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80124

  - **Telephone number:** 800-648-5300

**Item A.2. Information about the Series.**

- **a. Name of Series:** Schwab Target 2035 Fund

- **b. EDGAR series identifier (if any):** S000020937

- **c. LEI of Series:** 54930011LKD473S5IH80

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $694703485.26

**Total Liabilities:** $15537.60

**Net Assets:** $694687947.66

**Cash Not Reported:** $3912395.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059133 | 0.51%                | 0.46%                | 2.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $505888.82               | $2151252.86                                |
| Month 2  | $0.00                    | $-19705815.95                              |
| Month 3  | $51895.86                | $14787168.40                               |

### Schedule of Portfolio Investments

| Name                                                      | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Baird Aggregate Bond Fund                                 | Baird Aggregate Bond Fund                                 | CUSIP: 057071854<br>LEI: 549300NWEXVVDQ3ROW37 | Long             | EC               | RF                | US        |   2677103 | NS      | $26583635.24  | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Dodge & Cox Stock Fund                                    | Dodge & Cox Stock Fund                                    | CUSIP: 256219106<br>LEI: 549300N2LAR50107F166 | Long             | EC               | RF                | US        |   1947396 | NS      | $32794142.51  | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Driehaus Small Cap Growth Fund                            | Driehaus Small Cap Growth Fund                            | CUSIP: 262028731<br>LEI: 254900CG1SF0Y3TR2D13 | Long             | EC               | RF                | US        |    277824 | NS      | $8040238.48   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Emerging Markets Equity Insights Fund       | Goldman Sachs Emerging Markets Equity Insights Fund       | CUSIP: 38144N569<br>LEI: 549300UHNMO4HOGWYU58 | Long             | EC               | RF                | US        |   1119098 | NS      | $13776090.16  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Select Large Cap Growth Fund                       | Schwab Select Large Cap Growth Fund                       | CUSIP: 51855Q549<br>LEI: 54930017OMFIVKDL2J78 | Long             | EC               | RF                | US        |   1771980 | NS      | $45522172.08  | 6.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Loomis Sayles Investment Grade Bond Fund                  | Loomis Sayles Investment Grade Bond Fund                  | CUSIP: 543487136<br>LEI: LXBMZ6T88WCKRZUWOE84 | Long             | EC               | RF                | US        |   2088005 | NS      | $20650372.53  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO International Bond Fund U.S. Dollar-Hedged          | PIMCO International Bond Fund U.S. Dollar-Hedged          | CUSIP: 693390882<br>LEI: 549300NKY72DZUNDF872 | Long             | EC               | RF                | US        |   2817271 | NS      | $28031851.25  | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PGIM Jennison Growth Fund                                 | PGIM Jennison Growth Fund                                 | CUSIP: 74437E479<br>LEI: KCDD6FT9SI6B73TVJD56 | Long             | EC               | RF                | US        |    164699 | NS      | $11696950.96  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab International Core Equity Fund                     | Schwab International Core Equity Fund                     | CUSIP: 808509210<br>LEI: 549300O8SH1VZD5EOI67 | Long             | EC               | RF                | US        |   3511428 | NS      | $56358424.07  | 8.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Fundamental International Equity Index Fund        | Schwab Fundamental International Equity Index Fund        | CUSIP: 808509376<br>LEI: 549300LG0X7BXJAT9753 | Long             | EC               | RF                | US        |    526277 | NS      | $7836261.54   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Fundamental U.S. Large Company Index Fund          | Schwab Fundamental U.S. Large Company Index Fund          | CUSIP: 808509442<br>LEI: 5493000DZZS8PWI2NO50 | Long             | EC               | RF                | US        |    823970 | NS      | $27553548.64  | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab International Opportunities Fund                   | Schwab International Opportunities Fund                   | CUSIP: 808509640<br>LEI: 5493000Y9R7KH3YK4711 | Long             | EC               | RF                | US        |   2822919 | NS      | $72040884.53  | 10.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Small-Cap Equity Fund                              | Schwab Small-Cap Equity Fund                              | CUSIP: 808509673<br>LEI: 54930086LYMXICNS1162 | Long             | EC               | RF                | US        |   1113557 | NS      | $23896936.29  | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Core Equity Fund                                   | Schwab Core Equity Fund                                   | CUSIP: 808509806<br>LEI: 549300L2MFZ33S0CO521 | Long             | EC               | RF                | US        |    973018 | NS      | $24276809.35  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab S&P 500 Index Fund                                 | Schwab S&P 500 Index Fund                                 | CUSIP: 808509855<br>LEI: 549300QXTQYX6BJFPP75 | Long             | EC               | RF                | US        |   7164649 | NS      | $127459109.62 | 18.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Schwab U.S. Mid-Cap Index Fund                            | Schwab U.S. Mid-Cap Index Fund                            | CUSIP: 80850L726<br>LEI: 54930023JW7XDBK5VU88 | Long             | EC               | RF                | US        |    759832 | NS      | $11268315.77  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Government Money Fund                              | Schwab Government Money Fund                              | CUSIP: 808515498<br>LEI: 549300622ITN50PWDE20 | Long             | EC               | RF                | US        |   4234343 | NS      | $4234343.27   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Short-Term Bond Index Fund                         | Schwab Short-Term Bond Index Fund                         | CUSIP: 808517692<br>LEI: 549300P4KD6GXEL7FV90 | Long             | EC               | RF                | US        |   2133754 | NS      | $20676074.35  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab U.S. Aggregate Bond Index Fund                     | Schwab U.S. Aggregate Bond Index Fund                     | CUSIP: 808517718<br>LEI: 549300TE25ZKVNXKCS55 | Long             | EC               | RF                | US        |   8082233 | NS      | $72901740.43  | 10.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Global Real Estate Fund                            | Schwab Global Real Estate Fund                            | CUSIP: 808517759<br>LEI: 54930056NJ1FRH4T9924 | Long             | EC               | RF                | US        |   4101049 | NS      | $28830376.83  | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Schwab Treasury Inflation Protected Securities Index Fund | Schwab Treasury Inflation Protected Securities Index Fund | CUSIP: 808517817<br>LEI: 5493000LZN1FM8F1C238 | Long             | EC               | RF                | US        |    355323 | NS      | $3684695.49   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Allspring Core Plus Bond Fund                             | Allspring Core Plus Bond Fund                             | CUSIP: 94990B308<br>LEI: 549300CQQ2DZO0F86234 | Long             | EC               | RF                | US        |   1959374 | NS      | $22238893.47  | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** SCHWAB CAPITAL TRUST

**Signature:** Dana Smith

**Name of Signer:** Dana Smith

**Title:** CFO