# EDGAR Filing Document

**Accession Number:** 0000904333
**File Stem:** 0001410368-25-010424
**Filing Date:** 2025-9
**Character Count:** 422678
**Document Hash:** 74c5e0c3536b6e8fd5f6651cda638df8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010424.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-010424

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20251031

**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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07704
- **FILM NUMBER:** 251339191

**BUSINESS ADDRESS:**
- **STREET 1:** 211 MAIN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 1-415-667-7000

**MAIL ADDRESS:**
- **STREET 1:** 211 MAIN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

## Series and Classes Contracts Data

### Schwab Fundamental Emerging Markets Equity Index Fund (Series ID: S000019900)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000055852 | Schwab Fundamental Emerging Markets Equity Index Fund | SFENX           |

## Nport-Ex

Schwab Capital Trust

Schwab Fundamental U.S. Large Company Index Fund

------

**Portfolio Holdings** as of July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **COMMON STOCKS** 99.7% OF NET ASSETS | **COMMON STOCKS** 99.7% OF NET ASSETS | **COMMON STOCKS** 99.7% OF NET ASSETS |
| **Automobiles & Components 1.8%** | **Automobiles & Components 1.8%** | **Automobiles & Components 1.8%** |
| Adient PLC \* | 154302 | 3308235 |
| Aptiv PLC \* | 9936 | 682007 |
| BorgWarner, Inc.  | 182716 | 6723949 |
| Dana, Inc.  | 189022 | 3009230 |
| Ford Motor Co.  | 4126929 | 45685104 |
| General Motors Co.  | 1237330 | 65999182 |
| Gentex Corp.  | 104438 | 2759252 |
| Goodyear Tire & Rubber Co. \* | 497731 | 5116675 |
| Harley-Davidson, Inc.  | 80455 | 1957470 |
| Lear Corp.  | 71716 | 6762102 |
| Tesla, Inc. \* | 90754 | 27976735 |
| Thor Industries, Inc.  | 49738 | 4525661 |
|  |  | **174505602** |
| **Banks 6.5%** | **Banks 6.5%** | **Banks 6.5%** |
| Bank of America Corp.  | 2241047 | 105934292 |
| Citigroup, Inc.  | 1146031 | 107383105 |
| Citizens Financial Group, Inc.  | 180311 | 8604441 |
| Comerica, Inc.  | 72735 | 4914704 |
| East West Bancorp, Inc.  | 26847 | 2691412 |
| Fifth Third Bancorp  | 207421 | 8622491 |
| First Citizens BancShares, Inc., Class A  | 1242 | 2477492 |
| First Horizon Corp.  | 134762 | 2939159 |
| Flagstar Financial, Inc.  | 179503 | 2026589 |
| Huntington Bancshares, Inc.  | 397625 | 6532979 |
| JPMorgan Chase & Co.  | 633784 | 187752172 |
| KeyCorp  | 418244 | 7494932 |
| M&T Bank Corp.  | 36939 | 6970389 |
| PNC Financial Services Group, Inc.  | 119721 | 22779315 |
| Regions Financial Corp.  | 292369 | 7405707 |
| Synovus Financial Corp.  | 39821 | 1881144 |
| Truist Financial Corp.  | 458917 | 20059262 |
| U.S. Bancorp  | 550961 | 24771206 |
| Webster Financial Corp.  | 17980 | 1036547 |
| Wells Fargo & Co.  | 1308699 | 105520400 |
| Zions Bancorp NA  | 75024 | 4022787 |
|  |  | **641820525** |
| **Capital Goods 6.9%** | **Capital Goods 6.9%** | **Capital Goods 6.9%** |
| 3M Co.  | 178258 | 26599659 |
| A.O. Smith Corp.  | 35003 | 2477862 |
| Acuity, Inc.  | 10176 | 3168298 |
| AECOM  | 39160 | 4414898 |
| AGCO Corp.  | 45932 | 5418598 |
| Air Lease Corp., Class A  | 40211 | 2227689 |
| Allison Transmission Holdings, Inc.  | 27110 | 2441798 |
| AMETEK, Inc.  | 27907 | 5158609 |
| Atkore, Inc.  | 15485 | 1192655 |
| Boeing Co. \* | 53274 | 11818304 |
| Boise Cascade Co.  | 33180 | 2780816 |
| Builders FirstSource, Inc. \* | 65345 | 8307310 |
| Carlisle Cos., Inc.  | 9968 | 3535749 |
| Carrier Global Corp.  | 135737 | 9314273 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Caterpillar, Inc.  | 102610 | 44945232 |
| CNH Industrial NV  | 231874 | 3005087 |
| Cummins, Inc.  | 41619 | 15299977 |
| Curtiss-Wright Corp.  | 2911 | 1427030 |
| Deere & Co.  | 64319 | 33726954 |
| Donaldson Co., Inc.  | 28621 | 2059853 |
| Dover Corp.  | 29046 | 5261392 |
| Eaton Corp. PLC  | 50359 | 19374114 |
| EMCOR Group, Inc.  | 8925 | 5600348 |
| Emerson Electric Co.  | 121326 | 17654146 |
| Everus Construction Group, Inc. \* | 5190 | 385409 |
| Fastenal Co.  | 173036 | 7982151 |
| Ferguson Enterprises, Inc.  | 29139 | 6507613 |
| Fluor Corp. \* | 58412 | 3316049 |
| Fortive Corp.  | 53014 | 2540961 |
| Fortune Brands Innovations, Inc.  | 50717 | 2766105 |
| Gates Industrial Corp. PLC \* | 42732 | 1059754 |
| GE Vernova, Inc.  | 5519 | 3644140 |
| Generac Holdings, Inc. \* | 14025 | 2730527 |
| General Dynamics Corp.  | 70009 | 21815504 |
| General Electric Co.  | 66848 | 18121156 |
| Graco, Inc.  | 25642 | 2153415 |
| Honeywell International, Inc.  | 156148 | 34719508 |
| Howmet Aerospace, Inc.  | 35158 | 6320354 |
| Hubbell, Inc., Class B  | 7694 | 3365971 |
| Huntington Ingalls Industries, Inc.  | 20052 | 5591701 |
| IDEX Corp.  | 13021 | 2129064 |
| Illinois Tool Works, Inc.  | 54348 | 13911458 |
| Ingersoll Rand, Inc.  | 40916 | 3462721 |
| ITT, Inc.  | 16209 | 2754882 |
| Johnson Controls International PLC  | 149394 | 15686370 |
| L3Harris Technologies, Inc.  | 67846 | 18645438 |
| Lennox International, Inc.  | 1698 | 1034082 |
| Lincoln Electric Holdings, Inc.  | 11321 | 2756663 |
| Lockheed Martin Corp.  | 75807 | 31913231 |
| Masco Corp.  | 62566 | 4262622 |
| MasTec, Inc. \* | 17357 | 3284118 |
| Middleby Corp. \* | 13788 | 2002018 |
| MSC Industrial Direct Co., Inc., Class A  | 12217 | 1058237 |
| Mueller Industries, Inc.  | 30482 | 2602248 |
| Nordson Corp.  | 9188 | 1968161 |
| Northrop Grumman Corp.  | 42012 | 24224539 |
| nVent Electric PLC  | 30468 | 2389301 |
| Oshkosh Corp.  | 33983 | 4299869 |
| Otis Worldwide Corp.  | 52569 | 4504638 |
| Owens Corning  | 35918 | 5008047 |
| PACCAR, Inc.  | 145656 | 14384987 |
| Parker-Hannifin Corp.  | 14751 | 10796257 |
| Pentair PLC  | 28211 | 2883164 |
| Quanta Services, Inc.  | 18633 | 7567420 |
| Regal Rexnord Corp.  | 19728 | 3016017 |
| Resideo Technologies, Inc. \* | 101907 | 2782061 |
| Rockwell Automation, Inc.  | 20361 | 7161167 |
| RTX Corp.  | 278323 | 43855355 |
| Rush Enterprises, Inc., Class A  | 39715 | 2150170 |
| Sensata Technologies Holding PLC  | 85447 | 2628350 |
| Snap-on, Inc.  | 14359 | 4611967 |
| Stanley Black & Decker, Inc.  | 90331 | 6110892 |
| Textron, Inc.  | 69730 | 5422902 |
| Timken Co.  | 28245 | 2149162 |
| Toro Co.  | 28223 | 2095558 |

---

**1**

------

Schwab Fundamental U.S. Large Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| TransDigm Group, Inc.  | 4302 | 6919595 |
| UFP Industries, Inc.  | 34102 | 3341996 |
| United Rentals, Inc.  | 14036 | 12392946 |
| Watsco, Inc.  | 6359 | 2867146 |
| WESCO International, Inc.  | 25060 | 5186418 |
| &nbsp;&nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies <br> Corp. <br>| 29620 | 5688521 |
| WillScot Holdings Corp.  | 32666 | 958747 |
| WW Grainger, Inc.  | 6683 | 6947246 |
| Xylem, Inc.  | 28786 | 4163031 |
|  |  | **674209751** |
| **Commercial & Professional Services 1.0%** | **Commercial & Professional Services 1.0%** | **Commercial & Professional Services 1.0%** |
| ABM Industries, Inc.  | 41982 | 1936630 |
| Amentum Holdings, Inc. \* | 11528 | 287854 |
| Automatic Data Processing, Inc.  | 44415 | 13746443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp., <br> Class A <br>| 23030 | 2471810 |
| Broadridge Financial Solutions, Inc.  | 13514 | 3344850 |
| CACI International, Inc., Class A \* | 6220 | 2864745 |
| Cintas Corp.  | 31681 | 7050607 |
| Concentrix Corp.  | 43068 | 2238244 |
| Copart, Inc. \* | 51566 | 2337487 |
| Equifax, Inc.  | 11670 | 2803484 |
| Genpact Ltd.  | 55852 | 2460281 |
| Jacobs Solutions, Inc.  | 38940 | 5524418 |
| KBR, Inc.  | 35518 | 1660111 |
| Leidos Holdings, Inc.  | 37993 | 6065582 |
| ManpowerGroup, Inc.  | 92047 | 3796939 |
| Maximus, Inc.  | 13494 | 996667 |
| Paychex, Inc.  | 41039 | 5923159 |
| Republic Services, Inc., Class A  | 26171 | 6036341 |
| Robert Half, Inc.  | 69420 | 2562292 |
| Science Applications International Corp.  | 23409 | 2609635 |
| SS&C Technologies Holdings, Inc.  | 47984 | 4101672 |
| TransUnion  | 24956 | 2375562 |
| Veralto Corp.  | 14569 | 1527268 |
| Verisk Analytics, Inc., Class A  | 14296 | 3984438 |
| Waste Management, Inc.  | 63332 | 14513161 |
|  |  | **103219680** |
| **Consumer Discretionary Distribution & Retail 4.6%** | **Consumer Discretionary Distribution & Retail 4.6%** | **Consumer Discretionary Distribution & Retail 4.6%** |
| Academy Sports & Outdoors, Inc.  | 55876 | 2837942 |
| Advance Auto Parts, Inc.  | 108309 | 5747959 |
| Amazon.com, Inc. \* | 729768 | 170845986 |
| American Eagle Outfitters, Inc.  | 80236 | 866549 |
| Asbury Automotive Group, Inc. \* | 12475 | 2770947 |
| AutoNation, Inc. \* | 29551 | 5692705 |
| AutoZone, Inc. \* | 1741 | 6560750 |
| Bath & Body Works, Inc.  | 101907 | 2951227 |
| Best Buy Co., Inc.  | 163074 | 10609594 |
| Burlington Stores, Inc. \* | 8237 | 2248372 |
| CarMax, Inc. \* | 76743 | 4344421 |
| Dick's Sporting Goods, Inc.  | 18837 | 3984214 |
| eBay, Inc.  | 210806 | 19341450 |
| Foot Locker, Inc. \**(a)* | 198625 | 4973570 |
| Gap, Inc.  | 127529 | 2481714 |
| Genuine Parts Co.  | 52865 | 6813241 |
| Group 1 Automotive, Inc.  | 10590 | 4364668 |
| Home Depot, Inc.  | 183394 | 67399129 |
| Kohl's Corp. *(a)* | 546846 | 5927811 |
| Lithia Motors, Inc., Class A  | 19058 | 5488704 |
| LKQ Corp.  | 181208 | 5340200 |
| Lowe's Cos., Inc.  | 167566 | 37462731 |
| Macy's, Inc.  | 471829 | 5959200 |
| Murphy USA, Inc.  | 7150 | 2591732 |
| ODP Corp. \* | 117452 | 2095344 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| O'Reilly Automotive, Inc. \* | 117073 | 11510617 |
| Penske Automotive Group, Inc.  | 12818 | 2145861 |
| Pool Corp.  | 7410 | 2283317 |
| QVC Group, Inc. \**(b)* | 147903 | 573864 |
| Ross Stores, Inc.  | 52383 | 7152375 |
| Signet Jewelers Ltd.  | 20792 | 1644647 |
| TJX Cos., Inc.  | 164127 | 20438735 |
| Tractor Supply Co.  | 105323 | 5998145 |
| Ulta Beauty, Inc. \* | 10914 | 5620819 |
| Williams-Sonoma, Inc.  | 25692 | 4805689 |
|  |  | **451874229** |
| **Consumer Durables & Apparel 1.5%** | **Consumer Durables & Apparel 1.5%** | **Consumer Durables & Apparel 1.5%** |
| Brunswick Corp.  | 49252 | 2870899 |
| Capri Holdings Ltd. \* | 158425 | 2881751 |
| Carter's, Inc.  | 40623 | 984702 |
| Crocs, Inc. \* | 9036 | 901160 |
| Deckers Outdoor Corp. \* | 18547 | 1969135 |
| DR Horton, Inc.  | 117322 | 16758274 |
| Hanesbrands, Inc. \* | 315010 | 1288391 |
| Hasbro, Inc.  | 52352 | 3934776 |
| KB Home  | 37757 | 2086452 |
| Leggett & Platt, Inc.  | 218810 | 2089635 |
| Lennar Corp., Class A  | 117618 | 13194387 |
| M/I Homes, Inc. \* | 8490 | 1020413 |
| Mattel, Inc. \* | 54608 | 928882 |
| Meritage Homes Corp.  | 41862 | 2818987 |
| Mohawk Industries, Inc. \* | 39964 | 4576278 |
| Newell Brands, Inc.  | 549055 | 3080199 |
| NIKE, Inc., Class B  | 358896 | 26805942 |
| NVR, Inc. \* | 906 | 6839838 |
| Polaris, Inc.  | 56794 | 3004971 |
| PulteGroup, Inc.  | 89328 | 10086918 |
| PVH Corp.  | 52310 | 3840600 |
| Ralph Lauren Corp., Class A  | 10577 | 3159879 |
| Skechers USA, Inc., Class A \* | 42220 | 2670415 |
| Somnigroup International, Inc.  | 34174 | 2473514 |
| Tapestry, Inc.  | 74583 | 8057201 |
| Taylor Morrison Home Corp., Class A \* | 59323 | 3516667 |
| Toll Brothers, Inc.  | 35460 | 4197046 |
| TopBuild Corp. \* | 3565 | 1320583 |
| Tri Pointe Homes, Inc. \* | 68555 | 2111494 |
| VF Corp.  | 287629 | 3371012 |
| Whirlpool Corp.  | 72000 | 5978880 |
|  |  | **148819281** |
| **Consumer Services 1.5%** | **Consumer Services 1.5%** | **Consumer Services 1.5%** |
| ADT, Inc.  | 139949 | 1168574 |
| Aramark  | 70446 | 2998182 |
| Booking Holdings, Inc.  | 3743 | 20601697 |
| Caesars Entertainment, Inc. \* | 87899 | 2345145 |
| Carnival Corp. \* | 129292 | 3849023 |
| Chipotle Mexican Grill, Inc., Class A \* | 73378 | 3146449 |
| Darden Restaurants, Inc.  | 28427 | 5732873 |
| Domino's Pizza, Inc.  | 6275 | 2906643 |
| Expedia Group, Inc.  | 18023 | 3248105 |
| Flutter Entertainment PLC \* | 6820 | 2061413 |
| Hilton Worldwide Holdings, Inc.  | 19860 | 5324069 |
| Las Vegas Sands Corp.  | 73485 | 3850614 |
| Marriott International, Inc., Class A  | 24206 | 6386269 |
| Marriott Vacations Worldwide Corp.  | 25882 | 1927433 |
| McDonald's Corp.  | 109547 | 32871768 |
| MGM Resorts International \* | 149547 | 5450988 |
| Penn Entertainment, Inc. \* | 119394 | 2156256 |
| Royal Caribbean Cruises Ltd.  | 3698 | 1175483 |
| Service Corp. International  | 32271 | 2462600 |
| Starbucks Corp.  | 258078 | 23010234 |

---

**2**

------

Schwab Fundamental U.S. Large Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Texas Roadhouse, Inc., Class A  | 5318 | 984521 |
| Vail Resorts, Inc.  | 12244 | 1839783 |
| Yum! Brands, Inc.  | 50791 | 7321523 |
|  |  | **142819645** |
| **Consumer Staples Distribution & Retail 3.7%** | **Consumer Staples Distribution & Retail 3.7%** | **Consumer Staples Distribution & Retail 3.7%** |
| Albertsons Cos., Inc., Class A  | 269145 | 5172967 |
| Andersons, Inc.  | 33973 | 1220310 |
| BJ's Wholesale Club Holdings, Inc. \* | 30434 | 3222961 |
| Casey's General Stores, Inc.  | 10910 | 5674618 |
| Costco Wholesale Corp.  | 58966 | 55406812 |
| Dollar General Corp.  | 177983 | 18670417 |
| Dollar Tree, Inc. \* | 131444 | 14925466 |
| Kroger Co.  | 454969 | 31893327 |
| Performance Food Group Co. \* | 79668 | 7998667 |
| SpartanNash Co.  | 55232 | 1465857 |
| Sprouts Farmers Market, Inc. \* | 17126 | 2595274 |
| Sysco Corp.  | 140042 | 11147343 |
| Target Corp.  | 293764 | 29523282 |
| U.S. Foods Holding Corp. \* | 105798 | 8816147 |
| United Natural Foods, Inc. \* | 72646 | 2007936 |
| Walgreens Boots Alliance, Inc.  | 3134393 | 36484335 |
| Walmart, Inc.  | 1261572 | 123608825 |
|  |  | **359834544** |
| **Energy 8.2%** | **Energy 8.2%** | **Energy 8.2%** |
| Antero Resources Corp. \* | 105173 | 3673693 |
| APA Corp.  | 304198 | 5867979 |
| Baker Hughes Co., Class A  | 296467 | 13355838 |
| California Resources Corp.  | 24532 | 1181952 |
| Cheniere Energy, Inc.  | 37909 | 8941975 |
| Chevron Corp.  | 984455 | 149282756 |
| Chord Energy Corp.  | 17201 | 1897786 |
| Civitas Resources, Inc.  | 35463 | 1076657 |
| CNX Resources Corp. \* | 39418 | 1194760 |
| ConocoPhillips  | 640629 | 61077569 |
| Coterra Energy, Inc.  | 291436 | 7108124 |
| Delek U.S. Holdings, Inc.  | 51154 | 1144315 |
| Devon Energy Corp.  | 402528 | 13371980 |
| Diamondback Energy, Inc.  | 36348 | 5403494 |
| EOG Resources, Inc.  | 215485 | 25862510 |
| EQT Corp.  | 126767 | 6813726 |
| Expand Energy Corp.  | 103367 | 10830794 |
| Exxon Mobil Corp.  | 1849181 | 206442567 |
| Halliburton Co.  | 341252 | 7644045 |
| Helmerich & Payne, Inc.  | 44261 | 717471 |
| HF Sinclair Corp.  | 226236 | 9940810 |
| Kinder Morgan, Inc.  | 666343 | 18697584 |
| Marathon Petroleum Corp.  | 333678 | 56788659 |
| Matador Resources Co.  | 19860 | 990617 |
| Murphy Oil Corp.  | 111025 | 2754530 |
| NOV, Inc.  | 182764 | 2299171 |
| Occidental Petroleum Corp.  | 331888 | 14583159 |
| ONEOK, Inc.  | 118968 | 9768462 |
| Ovintiv, Inc.  | 212063 | 8732754 |
| Patterson-UTI Energy, Inc.  | 137643 | 813470 |
| PBF Energy, Inc., Class A  | 266652 | 6026335 |
| Peabody Energy Corp.  | 148888 | 2404541 |
| Phillips 66  | 332155 | 41047715 |
| Range Resources Corp.  | 39537 | 1451799 |
| Schlumberger NV  | 410906 | 13888623 |
| SM Energy Co.  | 69747 | 1924320 |
| Targa Resources Corp.  | 30457 | 5068349 |
| TechnipFMC PLC  | 45175 | 1643015 |
| Valero Energy Corp.  | 360297 | 49472381 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Williams Cos., Inc.  | 237960 | 14265702 |
| World Kinect Corp.  | 251407 | 6855869 |
|  |  | **802307856** |
| **Equity Real Estate Investment Trusts (REITs) 1.5%** | **Equity Real Estate Investment Trusts (REITs) 1.5%** | **Equity Real Estate Investment Trusts (REITs) 1.5%** |
| Alexandria Real Estate Equities, Inc.  | 39527 | 3021049 |
| American Tower Corp.  | 60259 | 12557373 |
| AvalonBay Communities, Inc.  | 20290 | 3779621 |
| Brixmor Property Group, Inc.  | 36572 | 955626 |
| BXP, Inc.  | 54756 | 3582685 |
| Camden Property Trust  | 18326 | 2001199 |
| Crown Castle, Inc.  | 98368 | 10337493 |
| Digital Realty Trust, Inc.  | 42949 | 7577922 |
| Equinix, Inc.  | 8401 | 6596213 |
| Equity Residential  | 71506 | 4519179 |
| Essex Property Trust, Inc.  | 9472 | 2464425 |
| Extra Space Storage, Inc.  | 17629 | 2368632 |
| Gaming & Leisure Properties, Inc.  | 41544 | 1893575 |
| Healthpeak Properties, Inc.  | 149716 | 2536189 |
| Host Hotels & Resorts, Inc.  | 234154 | 3680901 |
| Invitation Homes, Inc.  | 84721 | 2596699 |
| Iron Mountain, Inc.  | 40487 | 3941814 |
| Kimco Realty Corp.  | 109177 | 2317828 |
| Lamar Advertising Co., Class A  | 16495 | 2016514 |
| Medical Properties Trust, Inc. *(a)* | 225917 | 930778 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, <br> Inc. <br>| 20308 | 2892468 |
| Millrose Properties, Inc., Class A  | 23619 | 708334 |
| Park Hotels & Resorts, Inc.  | 80322 | 856233 |
| Prologis, Inc.  | 83941 | 8963220 |
| Public Storage  | 16336 | 4442412 |
| Realty Income Corp.  | 73037 | 4099567 |
| Regency Centers Corp.  | 28608 | 2042611 |
| SBA Communications Corp., Class A  | 12203 | 2742258 |
| Simon Property Group, Inc.  | 45514 | 7454738 |
| Sun Communities, Inc.  | 21919 | 2718614 |
| UDR, Inc.  | 54709 | 2149517 |
| Ventas, Inc.  | 88898 | 5972168 |
| VICI Properties, Inc., Class A  | 100975 | 3291785 |
| Vornado Realty Trust  | 57491 | 2208804 |
| Welltower, Inc.  | 55693 | 9193243 |
| Weyerhaeuser Co.  | 337195 | 8446735 |
| WP Carey, Inc.  | 40696 | 2611055 |
|  |  | **150469477** |
| **Financial Services 8.1%** | **Financial Services 8.1%** | **Financial Services 8.1%** |
| Affiliated Managers Group, Inc.  | 16942 | 3555618 |
| AGNC Investment Corp.  | 96034 | 905601 |
| Ally Financial, Inc.  | 244845 | 9267383 |
| American Express Co.  | 89947 | 26922037 |
| Ameriprise Financial, Inc.  | 20386 | 10563821 |
| Annaly Capital Management, Inc.  | 164562 | 3345545 |
| Apollo Global Management, Inc.  | 10566 | 1535451 |
| Bank of New York Mellon Corp.  | 236676 | 24010780 |
| Berkshire Hathaway, Inc., Class A \* | 70 | 50389500 |
| Berkshire Hathaway, Inc., Class B \* | 273221 | 128927526 |
| Blackrock, Inc.  | 22742 | 25152879 |
| Blackstone, Inc.  | 58116 | 10051743 |
| Block, Inc. \* | 60085 | 4642167 |
| Bread Financial Holdings, Inc.  | 59841 | 3668253 |
| Capital One Financial Corp.  | 307669 | 66148835 |
| Carlyle Group, Inc.  | 62364 | 3783000 |
| Charles Schwab Corp. *(c)* | 166102 | 16233149 |
| CME Group, Inc.  | 37056 | 10311944 |
| Corebridge Financial, Inc.  | 149720 | 5324043 |
| Corpay, Inc. \* | 13150 | 4248108 |
| Equitable Holdings, Inc.  | 78452 | 4028510 |

---

**3**

------

Schwab Fundamental U.S. Large Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Evercore, Inc., Class A  | 10802 | 3252914 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fidelity National Information Services, <br> Inc. <br>| 122358 | 9716449 |
| Fiserv, Inc. \* | 59857 | 8316532 |
| Franklin Resources, Inc.  | 217750 | 5226000 |
| Global Payments, Inc.  | 101521 | 8116604 |
| Goldman Sachs Group, Inc.  | 80302 | 58105724 |
| Intercontinental Exchange, Inc.  | 60395 | 11162808 |
| Invesco Ltd.  | 260516 | 5473441 |
| Jack Henry & Associates, Inc.  | 12469 | 2117423 |
| Jackson Financial, Inc., Class A  | 36765 | 3219143 |
| Janus Henderson Group PLC  | 28449 | 1231842 |
| Jefferies Financial Group, Inc.  | 49349 | 2845463 |
| KKR & Co., Inc.  | 49411 | 7242664 |
| LPL Financial Holdings, Inc.  | 12219 | 4835425 |
| Mastercard, Inc., Class A  | 50334 | 28512701 |
| MGIC Investment Corp.  | 87143 | 2257004 |
| Moody's Corp.  | 12849 | 6626615 |
| Morgan Stanley  | 301209 | 42910234 |
| MSCI, Inc., Class A  | 4882 | 2740560 |
| Nasdaq, Inc.  | 42086 | 4049515 |
| Navient Corp.  | 67866 | 878186 |
| Northern Trust Corp.  | 58034 | 7544420 |
| OneMain Holdings, Inc.  | 111528 | 6445203 |
| PayPal Holdings, Inc. \* | 243896 | 16770289 |
| PROG Holdings, Inc.  | 40560 | 1291430 |
| Raymond James Financial, Inc.  | 30723 | 5134735 |
| Rithm Capital Corp.  | 241116 | 2900626 |
| S&P Global, Inc.  | 30763 | 16953489 |
| SEI Investments Co.  | 33647 | 2964974 |
| SLM Corp.  | 126521 | 4023368 |
| Starwood Property Trust, Inc.  | 120953 | 2353745 |
| State Street Corp.  | 105271 | 11764034 |
| StoneX Group, Inc. \* | 11177 | 1086852 |
| Synchrony Financial  | 357051 | 24875743 |
| T. Rowe Price Group, Inc.  | 113669 | 11531720 |
| Visa, Inc., Class A  | 113267 | 39130351 |
| Voya Financial, Inc.  | 32988 | 2309160 |
| Western Union Co.  | 347929 | 2800828 |
|  |  | **791734107** |
| **Food, Beverage & Tobacco 3.5%** | **Food, Beverage & Tobacco 3.5%** | **Food, Beverage & Tobacco 3.5%** |
| Altria Group, Inc.  | 565272 | 35012948 |
| Archer-Daniels-Midland Co.  | 581708 | 31516939 |
| Brown-Forman Corp., Class B  | 78577 | 2266946 |
| Bunge Global SA  | 199901 | 15944104 |
| Campbell's Co.  | 79803 | 2547312 |
| Coca-Cola Co.  | 520791 | 35356501 |
| Conagra Brands, Inc.  | 273626 | 4996411 |
| Constellation Brands, Inc., Class A  | 40821 | 6818740 |
| Darling Ingredients, Inc. \* | 73877 | 2392137 |
| Flowers Foods, Inc.  | 102945 | 1631678 |
| General Mills, Inc.  | 223510 | 10947520 |
| Hershey Co.  | 28264 | 5260778 |
| Hormel Foods Corp.  | 126124 | 3542823 |
| Ingredion, Inc.  | 28185 | 3707455 |
| J.M. Smucker Co.  | 54450 | 5844663 |
| Kellanova  | 66153 | 5280994 |
| Keurig Dr. Pepper, Inc.  | 265885 | 8681145 |
| Kraft Heinz Co.  | 448431 | 12313915 |
| Lamb Weston Holdings, Inc.  | 39248 | 2239883 |
| &nbsp;&nbsp;&nbsp;&nbsp; McCormick & Co., Inc. - Non Voting <br> Shares <br>| 50922 | 3596621 |
| Molson Coors Beverage Co., Class B  | 102416 | 4989708 |
| Mondelez International, Inc., Class A  | 353182 | 22847344 |
| Monster Beverage Corp. \* | 85647 | 5031761 |
| PepsiCo, Inc.  | 314250 | 43341360 |
| Philip Morris International, Inc.  | 280335 | 45988957 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Post Holdings, Inc. \* | 17726 | 1875588 |
| Tyson Foods, Inc., Class A  | 327533 | 17129976 |
|  |  | **341104207** |
| **Health Care Equipment & Services 5.1%** | **Health Care Equipment & Services 5.1%** | **Health Care Equipment & Services 5.1%** |
| Abbott Laboratories  | 298937 | 37722860 |
| Align Technology, Inc. \* | 15202 | 1961210 |
| AMN Healthcare Services, Inc. \* | 40946 | 750950 |
| Baxter International, Inc.  | 239024 | 5201162 |
| Becton Dickinson & Co.  | 64400 | 11479300 |
| Boston Scientific Corp. \* | 86077 | 9031199 |
| Cardinal Health, Inc.  | 50125 | 7780403 |
| Cencora, Inc.  | 16694 | 4775820 |
| Centene Corp. \* | 473962 | 12356189 |
| Cigna Group  | 181900 | 48636422 |
| Community Health Systems, Inc. \* | 280279 | 728725 |
| Cooper Cos., Inc. \* | 29650 | 2095959 |
| CVS Health Corp.  | 1440462 | 89452690 |
| DaVita, Inc. \* | 26536 | 3724858 |
| DENTSPLY SIRONA, Inc.  | 136801 | 1957622 |
| Edwards Lifesciences Corp. \* | 85490 | 6780212 |
| Elevance Health, Inc.  | 117839 | 33357864 |
| Encompass Health Corp.  | 19828 | 2183261 |
| GE HealthCare Technologies, Inc.  | 141950 | 10123874 |
| HCA Healthcare, Inc.  | 57455 | 20338495 |
| Henry Schein, Inc. \* | 67691 | 4579296 |
| Hologic, Inc. \* | 68803 | 4597416 |
| Humana, Inc.  | 100442 | 25097443 |
| IDEXX Laboratories, Inc. \* | 6221 | 3323943 |
| Intuitive Surgical, Inc. \* | 12684 | 6102146 |
| Labcorp Holdings, Inc.  | 69174 | 17990774 |
| McKesson Corp.  | 18219 | 12635605 |
| Molina Healthcare, Inc. \* | 20738 | 3273908 |
| Quest Diagnostics, Inc.  | 40155 | 6722349 |
| QuidelOrtho Corp. \* | 24257 | 558396 |
| ResMed, Inc.  | 13994 | 3805528 |
| Solventum Corp. \* | 40893 | 2918125 |
| STERIS PLC  | 15183 | 3438798 |
| Stryker Corp.  | 32639 | 12818315 |
| Teleflex, Inc.  | 12987 | 1551947 |
| Tenet Healthcare Corp. \* | 32948 | 5313853 |
| UnitedHealth Group, Inc.  | 239629 | 59801813 |
| Universal Health Services, Inc., Class B  | 34452 | 5734535 |
| Zimmer Biomet Holdings, Inc.  | 56276 | 5157695 |
|  |  | **495860960** |
| **Household & Personal Products 1.2%** | **Household & Personal Products 1.2%** | **Household & Personal Products 1.2%** |
| Church & Dwight Co., Inc.  | 40452 | 3793184 |
| Clorox Co.  | 23434 | 2942373 |
| Colgate-Palmolive Co.  | 135098 | 11327967 |
| Estee Lauder Cos., Inc., Class A  | 97268 | 9078995 |
| Kenvue, Inc.  | 454139 | 9736740 |
| Kimberly-Clark Corp.  | 75479 | 9406193 |
| Procter & Gamble Co.  | 485821 | 73101486 |
|  |  | **119386938** |
| **Insurance 2.8%** | **Insurance 2.8%** | **Insurance 2.8%** |
| Aflac, Inc.  | 158905 | 15788801 |
| Allstate Corp.  | 99985 | 20321951 |
| American Financial Group, Inc.  | 35059 | 4378869 |
| American International Group, Inc.  | 365597 | 28381295 |
| Aon PLC, Class A  | 32543 | 11575871 |
| Arthur J Gallagher & Co.  | 15780 | 4532805 |
| Assurant, Inc.  | 12710 | 2380583 |
| Brown & Brown, Inc.  | 19068 | 1742243 |
| Chubb Ltd.  | 75496 | 20084956 |

---

**4**

------

Schwab Fundamental U.S. Large Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Cincinnati Financial Corp.  | 41801 | 6166066 |
| CNO Financial Group, Inc.  | 63634 | 2344277 |
| Fidelity National Financial, Inc.  | 91370 | 5156009 |
| First American Financial Corp.  | 61064 | 3666893 |
| Genworth Financial, Inc., Class A \* | 377942 | 2970624 |
| Globe Life, Inc.  | 26648 | 3743245 |
| Hanover Insurance Group, Inc.  | 7039 | 1208104 |
| Hartford Insurance Group, Inc.  | 90771 | 11291005 |
| Lincoln National Corp.  | 107666 | 4103151 |
| Loews Corp.  | 52486 | 4752082 |
| Markel Group, Inc. \* | 2809 | 5641287 |
| Marsh & McLennan Cos., Inc.  | 63037 | 12556970 |
| MetLife, Inc.  | 250139 | 18998057 |
| Old Republic International Corp.  | 112754 | 4078312 |
| Primerica, Inc.  | 7368 | 1957162 |
| Principal Financial Group, Inc.  | 101933 | 7933445 |
| Progressive Corp.  | 67785 | 16406681 |
| Prudential Financial, Inc.  | 143387 | 14852026 |
| Reinsurance Group of America, Inc.  | 14077 | 2709119 |
| Travelers Cos., Inc.  | 85472 | 22243233 |
| Unum Group  | 58256 | 4183363 |
| W.R. Berkley Corp.  | 53010 | 3647618 |
| Willis Towers Watson PLC  | 19799 | 6252722 |
|  |  | **276048825** |
| **Materials 3.6%** | **Materials 3.6%** | **Materials 3.6%** |
| Air Products & Chemicals, Inc.  | 38414 | 11058622 |
| Albemarle Corp.  | 50069 | 3397182 |
| Alcoa Corp.  | 147997 | 4435470 |
| Alpha Metallurgical Resources, Inc. \* | 7701 | 909257 |
| Amcor PLC  | 986780 | 9226393 |
| AptarGroup, Inc.  | 13556 | 2130190 |
| Ashland, Inc.  | 18685 | 963399 |
| Avery Dennison Corp.  | 20911 | 3508238 |
| Axalta Coating Systems Ltd. \* | 59845 | 1694810 |
| Ball Corp.  | 108512 | 6213397 |
| Celanese Corp., Class A  | 79823 | 4169155 |
| CF Industries Holdings, Inc.  | 92609 | 8596893 |
| Chemours Co.  | 171239 | 2051443 |
| Cleveland-Cliffs, Inc. \* | 610708 | 6424648 |
| Commercial Metals Co.  | 72461 | 3757827 |
| Corteva, Inc.  | 173686 | 12527971 |
| CRH PLC  | 190987 | 18229709 |
| Crown Holdings, Inc.  | 45401 | 4511043 |
| Dow, Inc.  | 659498 | 15359708 |
| DuPont de Nemours, Inc.  | 238304 | 17134058 |
| Eagle Materials, Inc.  | 8023 | 1799479 |
| Eastman Chemical Co.  | 74470 | 5407267 |
| Ecolab, Inc.  | 30569 | 8001741 |
| FMC Corp.  | 82274 | 3211977 |
| Freeport-McMoRan, Inc.  | 370066 | 14891456 |
| Graphic Packaging Holding Co.  | 126227 | 2822436 |
| Huntsman Corp.  | 252773 | 2451898 |
| International Flavors & Fragrances, Inc.  | 67159 | 4770304 |
| International Paper Co.  | 230797 | 10787452 |
| Linde PLC  | 70847 | 32608040 |
| Louisiana-Pacific Corp.  | 24529 | 2217667 |
| LyondellBasell Industries NV, Class A  | 229633 | 13302640 |
| Magnera Corp. \* | 4213 | 52452 |
| Martin Marietta Materials, Inc.  | 7900 | 4541552 |
| Mosaic Co.  | 345314 | 12434757 |
| Newmont Corp.  | 262060 | 16273926 |
| Nucor Corp.  | 182964 | 26176660 |
| O-I Glass, Inc. \* | 182132 | 2369537 |
| Olin Corp.  | 157542 | 2983846 |
| Packaging Corp. of America  | 27403 | 5309331 |
| PPG Industries, Inc.  | 74933 | 7905432 |
| Reliance, Inc.  | 31530 | 9147799 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| RPM International, Inc.  | 27254 | 3199892 |
| Sealed Air Corp.  | 66041 | 1933020 |
| Sherwin-Williams Co.  | 20478 | 6775761 |
| Sonoco Products Co.  | 62212 | 2803895 |
| Steel Dynamics, Inc.  | 88965 | 11348375 |
| Vulcan Materials Co.  | 16647 | 4572432 |
| Westlake Corp.  | 18135 | 1438106 |
|  |  | **357838543** |
| **Media & Entertainment 7.3%** | **Media & Entertainment 7.3%** | **Media & Entertainment 7.3%** |
| Alphabet, Inc., Class A  | 840995 | 161386940 |
| Alphabet, Inc., Class C  | 684459 | 132004763 |
| Altice USA, Inc., Class A \* | 654210 | 1700946 |
| Charter Communications, Inc., Class A \* | 79007 | 21281326 |
| Comcast Corp., Class A  | 2190052 | 72775428 |
| Electronic Arts, Inc.  | 54277 | 8276700 |
| Fox Corp., Class A  | 165897 | 9250417 |
| Interpublic Group of Cos., Inc.  | 161162 | 3964585 |
| Lionsgate Studios Corp. \* | 47579 | 281668 |
| Meta Platforms, Inc., Class A  | 229073 | 177174221 |
| Netflix, Inc. \* | 23176 | 26870254 |
| News Corp., Class A  | 147389 | 4321445 |
| Nexstar Media Group, Inc., Class A  | 24223 | 4532366 |
| Omnicom Group, Inc.  | 78609 | 5663778 |
| Paramount Global, Class B *(a)* | 1032865 | 12983113 |
| Sirius XM Holdings, Inc.  | 71915 | 1518845 |
| Starz Entertainment Corp. \* | 4212 | 61285 |
| Take-Two Interactive Software, Inc. \* | 13932 | 3103074 |
| TEGNA, Inc.  | 135560 | 2263852 |
| Walt Disney Co.  | 419742 | 49995470 |
| Warner Bros Discovery, Inc. \* | 1521420 | 20037101 |
|  |  | **719447577** |
| **Pharmaceuticals, Biotechnology & Life Sciences 5.6%** | **Pharmaceuticals, Biotechnology & Life Sciences 5.6%** | **Pharmaceuticals, Biotechnology & Life Sciences 5.6%** |
| AbbVie, Inc.  | 291414 | 55083074 |
| Agilent Technologies, Inc.  | 49263 | 5655885 |
| Amgen, Inc.  | 128206 | 37833591 |
| Avantor, Inc. \* | 180545 | 2426525 |
| Biogen, Inc. \* | 78657 | 10068096 |
| Bristol-Myers Squibb Co.  | 956127 | 41409860 |
| &nbsp;&nbsp;&nbsp;&nbsp; Charles River Laboratories International, <br> Inc. \*<br>| 7059 | 1197489 |
| Danaher Corp.  | 78349 | 15447289 |
| Elanco Animal Health, Inc. \* | 99642 | 1363103 |
| Eli Lilly & Co.  | 25164 | 18623122 |
| Gilead Sciences, Inc.  | 346339 | 38890406 |
| Illumina, Inc. \* | 22676 | 2329052 |
| IQVIA Holdings, Inc. \* | 37831 | 7031270 |
| Jazz Pharmaceuticals PLC \* | 10107 | 1158565 |
| Johnson & Johnson  | 610801 | 100623357 |
| Merck & Co., Inc.  | 625434 | 48858904 |
| Mettler-Toledo International, Inc. \* | 2817 | 3475277 |
| Moderna, Inc. \* | 256975 | 7596181 |
| Organon & Co.  | 323218 | 3135215 |
| Pfizer, Inc.  | 3161559 | 73632709 |
| Regeneron Pharmaceuticals, Inc.  | 19924 | 10867745 |
| Revvity, Inc.  | 26786 | 2354489 |
| Thermo Fisher Scientific, Inc.  | 59843 | 27987374 |
| United Therapeutics Corp. \* | 3244 | 891127 |
| Vertex Pharmaceuticals, Inc. \* | 18008 | 8227315 |
| Viatris, Inc.  | 984914 | 8608148 |
| Waters Corp. \* | 9319 | 2690954 |
| West Pharmaceutical Services, Inc.  | 9728 | 2327521 |
| Zoetis, Inc.  | 48365 | 7051133 |
|  |  | **546844776** |

---

**5**

------

Schwab Fundamental U.S. Large Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **Real Estate Management & Development 0.2%** | **Real Estate Management & Development 0.2%** | **Real Estate Management & Development 0.2%** |
| CBRE Group, Inc., Class A \* | 80189 | 12488635 |
| Cushman & Wakefield PLC \* | 81756 | 996605 |
| Jones Lang LaSalle, Inc. \* | 23786 | 6430783 |
|  |  | **19916023** |
| **Semiconductors & Semiconductor Equipment 4.3%** | **Semiconductors & Semiconductor Equipment 4.3%** | **Semiconductors & Semiconductor Equipment 4.3%** |
| Advanced Micro Devices, Inc. \* | 105246 | 18555922 |
| Analog Devices, Inc.  | 70119 | 15750831 |
| Applied Materials, Inc.  | 143864 | 25904152 |
| Broadcom, Inc.  | 235613 | 69199538 |
| First Solar, Inc. \* | 6406 | 1119320 |
| Intel Corp.  | 4050562 | 80201128 |
| KLA Corp.  | 13462 | 11833502 |
| Lam Research Corp.  | 224792 | 21319273 |
| Marvell Technology, Inc.  | 46729 | 3755610 |
| Microchip Technology, Inc.  | 121487 | 8211306 |
| Micron Technology, Inc.  | 343634 | 37504215 |
| MKS, Inc.  | 8663 | 824544 |
| NVIDIA Corp.  | 238475 | 42417548 |
| ON Semiconductor Corp. \* | 97780 | 5510881 |
| Qorvo, Inc. \* | 58017 | 4850221 |
| QUALCOMM, Inc.  | 240396 | 35280517 |
| Skyworks Solutions, Inc.  | 65957 | 4520693 |
| Teradyne, Inc.  | 39298 | 4221784 |
| Texas Instruments, Inc.  | 160424 | 29046370 |
|  |  | **420027355** |
| **Software & Services 5.8%** | **Software & Services 5.8%** | **Software & Services 5.8%** |
| Accenture PLC, Class A  | 107858 | 28808872 |
| Adobe, Inc. \* | 48260 | 17262119 |
| Akamai Technologies, Inc. \* | 41179 | 3142369 |
| Amdocs Ltd.  | 46417 | 3962155 |
| ASGN, Inc. \* | 29039 | 1456015 |
| Autodesk, Inc. \* | 10837 | 3284803 |
| Cadence Design Systems, Inc. \* | 12494 | 4554938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., <br> Class A <br>| 213830 | 15344441 |
| DXC Technology Co. \* | 272965 | 3715054 |
| EPAM Systems, Inc. \* | 10977 | 1731183 |
| Fortinet, Inc. \* | 33262 | 3322874 |
| Gartner, Inc. \* | 6430 | 2177520 |
| Gen Digital, Inc.  | 129155 | 3808781 |
| GoDaddy, Inc., Class A \* | 13689 | 2211869 |
| International Business Machines Corp.  | 183759 | 46518591 |
| Intuit, Inc.  | 17291 | 13575683 |
| Kyndryl Holdings, Inc. \* | 107307 | 4052985 |
| Microsoft Corp.  | 608123 | 324433620 |
| Oracle Corp.  | 219591 | 55725608 |
| Palo Alto Networks, Inc. \* | 13574 | 2356446 |
| Roper Technologies, Inc.  | 9666 | 5320166 |
| Salesforce, Inc.  | 54799 | 14156226 |
| ServiceNow, Inc. \* | 1348 | 1271326 |
| Synopsys, Inc. \* | 9037 | 5724668 |
| Zoom Communications, Inc. \* | 14319 | 1060322 |
|  |  | **568978634** |
| **Technology Hardware & Equipment 6.6%** | **Technology Hardware & Equipment 6.6%** | **Technology Hardware & Equipment 6.6%** |
| Amphenol Corp., Class A  | 105519 | 11238829 |
| Apple, Inc.  | 1808570 | 375404875 |
| Arista Networks, Inc. \* | 32310 | 3981238 |
| Arrow Electronics, Inc. \* | 69292 | 8037872 |
| Avnet, Inc.  | 136115 | 7205928 |
| CDW Corp.  | 30555 | 5328181 |
| Ciena Corp. \* | 36809 | 3417348 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Cisco Systems, Inc.  | 1188149 | 80889184 |
| Coherent Corp. \* | 11767 | 1266129 |
| Corning, Inc.  | 217137 | 13731744 |
| Dell Technologies, Inc., Class C  | 50368 | 6683330 |
| F5, Inc. \* | 9503 | 2978430 |
| Flex Ltd. \* | 130547 | 6510379 |
| Hewlett Packard Enterprise Co.  | 869060 | 17980851 |
| HP, Inc.  | 562755 | 13956324 |
| Insight Enterprises, Inc. \* | 14878 | 1764233 |
| Jabil, Inc.  | 44316 | 9890002 |
| Keysight Technologies, Inc. \* | 28335 | 4644390 |
| Motorola Solutions, Inc.  | 12308 | 5402966 |
| NetApp, Inc.  | 47799 | 4977310 |
| Ralliant Corp. \* | 17671 | 807918 |
| Sandisk Corp. \* | 37859 | 1624908 |
| Sanmina Corp. \* | 35513 | 4120928 |
| Seagate Technology Holdings PLC  | 72760 | 11424048 |
| TD SYNNEX Corp.  | 37578 | 5425887 |
| TE Connectivity PLC  | 75272 | 15487214 |
| Teledyne Technologies, Inc. \* | 6052 | 3334773 |
| Trimble, Inc. \* | 40607 | 3406521 |
| Vishay Intertechnology, Inc.  | 59912 | 981958 |
| Western Digital Corp.  | 146882 | 11558145 |
| Xerox Holdings Corp.  | 411828 | 1667903 |
| Zebra Technologies Corp., Class A \* | 9897 | 3355281 |
|  |  | **648485027** |
| **Telecommunication Services 2.8%** | **Telecommunication Services 2.8%** | **Telecommunication Services 2.8%** |
| AT&T, Inc.  | 4291879 | 117640403 |
| Frontier Communications Parent, Inc. \* | 117510 | 4317318 |
| Liberty Global Ltd., Class C \* | 414361 | 4238913 |
| Liberty Latin America Ltd., Class C \* | 183030 | 1306834 |
| Lumen Technologies, Inc. \* | 2498271 | 11117306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunrise Communications AG, Class A, <br> ADR \*<br>| 47868 | 2539876 |
| Telephone & Data Systems, Inc.  | 85905 | 3353731 |
| T-Mobile U.S., Inc.  | 85983 | 20499207 |
| Verizon Communications, Inc.  | 2584630 | 110518779 |
|  |  | **275532367** |
| **Transportation 2.0%** | **Transportation 2.0%** | **Transportation 2.0%** |
| Alaska Air Group, Inc. \* | 47800 | 2531488 |
| American Airlines Group, Inc. \* | 86858 | 997998 |
| Avis Budget Group, Inc. \* | 40845 | 6953453 |
| CH Robinson Worldwide, Inc.  | 63210 | 7289377 |
| CSX Corp.  | 646320 | 22970213 |
| Delta Air Lines, Inc.  | 40620 | 2161390 |
| &nbsp;&nbsp;&nbsp;&nbsp; Expeditors International of Washington, <br> Inc. <br>| 68391 | 7949770 |
| FedEx Corp.  | 119009 | 26597321 |
| GXO Logistics, Inc. \* | 47718 | 2372062 |
| Hertz Global Holdings, Inc. \* | 570052 | 3654033 |
| Hub Group, Inc., Class A  | 49116 | 1720042 |
| JB Hunt Transport Services, Inc.  | 30875 | 4447544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Knight-Swift Transportation Holdings, <br> Inc. <br>| 87543 | 3720578 |
| Landstar System, Inc.  | 17017 | 2269557 |
| Matson, Inc.  | 19777 | 2111788 |
| Norfolk Southern Corp.  | 73801 | 20516678 |
| Old Dominion Freight Line, Inc.  | 29245 | 4364816 |
| Ryder System, Inc.  | 35173 | 6250594 |
| Southwest Airlines Co.  | 38356 | 1186351 |
| Uber Technologies, Inc. \* | 45826 | 4021232 |
| U-Haul Holding Co., Non Voting Shares  | 34582 | 1798264 |
| Union Pacific Corp.  | 150243 | 33349439 |

---

**6**

------

Schwab Fundamental U.S. Large Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| United Parcel Service, Inc., Class B  | 318498 | 27441788 |
| Werner Enterprises, Inc.  | 27163 | 752958 |
|  |  | **197428734** |
| **Utilities 3.6%** | **Utilities 3.6%** | **Utilities 3.6%** |
| AES Corp.  | 516348 | 6789976 |
| Alliant Energy Corp.  | 65618 | 4265826 |
| Ameren Corp.  | 70332 | 7112675 |
| American Electric Power Co., Inc.  | 155629 | 17607865 |
| American Water Works Co., Inc.  | 33244 | 4662139 |
| Atmos Energy Corp.  | 25723 | 4010730 |
| CenterPoint Energy, Inc.  | 200410 | 7779916 |
| CMS Energy Corp.  | 82283 | 6072485 |
| Consolidated Edison, Inc.  | 120497 | 12471439 |
| Constellation Energy Corp.  | 32525 | 11313496 |
| Dominion Energy, Inc.  | 304951 | 17824386 |
| DTE Energy Co.  | 56068 | 7760372 |
| Duke Energy Corp.  | 249872 | 30394430 |
| Edison International  | 163589 | 8526259 |
| Entergy Corp.  | 129130 | 11677226 |
| Essential Utilities, Inc.  | 28943 | 1065102 |
| Evergy, Inc.  | 101882 | 7213246 |
| Eversource Energy  | 133687 | 8836711 |
| Exelon Corp.  | 412255 | 18526740 |
| FirstEnergy Corp.  | 201649 | 8612429 |
| MDU Resources Group, Inc.  | 32946 | 568319 |
| National Fuel Gas Co.  | 29956 | 2599881 |
| NextEra Energy, Inc.  | 334439 | 23765235 |
| NiSource, Inc.  | 114710 | 4869440 |
| NRG Energy, Inc.  | 67871 | 11348031 |
| OGE Energy Corp.  | 66969 | 3041732 |
| PG&E Corp.  | 413279 | 5794172 |
| Pinnacle West Capital Corp.  | 42296 | 3832864 |
| Portland General Electric Co.  | 43801 | 1801097 |
| PPL Corp.  | 266099 | 9497073 |
| Public Service Enterprise Group, Inc.  | 113277 | 10171142 |
| Sempra  | 148947 | 12165991 |
| Southern Co.  | 272505 | 25746272 |
| UGI Corp.  | 175253 | 6340654 |
| Vistra Corp.  | 56317 | 11744347 |
| WEC Energy Group, Inc.  | 78586 | 8572161 |
| Xcel Energy, Inc.  | 170219 | 12500883 |
|  |  | **356882742** |
| **Total Common Stocks**<br> **(Cost $5,858,709,646)** | **Total Common Stocks**<br> **(Cost $5,858,709,646)** | **9785397405** |

---

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

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **SHORT-TERM INVESTMENTS** 0.4% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.4% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.4% OF NET ASSETS |
| **Money Market Funds 0.4%** | **Money Market Funds 0.4%** | **Money Market Funds 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.25% *(d)*<br>| 18401645 | 18401645 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.25% *(d)(e)*<br>| 15712665 | 15712665 |
|  |  | **34114310** |
| **Total Short-Term Investments**<br> **(Cost $34,114,310)** | **Total Short-Term Investments**<br> **(Cost $34,114,310)** | **34114310** |
| **Total Investments in Securities**<br> **(Cost $5,892,823,956)** | **Total Investments in Securities**<br> **(Cost $5,892,823,956)** | **9819511715** |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | NUMBER OF<br> CONTRACTS<br>| NOTIONAL<br> AMOUNT<br> ($)<br>| CURRENT VALUE/<br> UNREALIZED<br> APPRECIATION<br> ($)<br>|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Long** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; S&P 500 Index, e-mini, expires <br> 09/19/25<br>| 94 | 29958975 | **195287** |

---

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

\* Non-income producing security.

*(a)* All or a portion of this security is on loan. Securities on loan were valued at $14,600,283. 

*(b)* Issuer is an affiliated company, as the investment adviser owns at least 5% of the voting securities of such company. 

*(c)* Issuer is affiliated with the fund's investment adviser.

*(d)* The rate shown is the annualized 7-day yield.

*(e)* Security purchased with cash collateral received for securities on loan.

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

ADR — American Depositary Receipt <br> REIT — Real Estate Investment Trust

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

Below is a summary of the fund's transactions with affiliated issuers and companies which are or were affiliates during the period ended July 31, 2025. An affiliated company is a company in which the investment adviser has or had an ownership of at least 5% of the voting securities of a security issue during the report period. A dash in the Value at October 31, 2024, and/or Value and Balance of Shares Held at July 31, 2025, columns means either the issuer was not held or not held as an affiliate on the stated date.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/24<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE<br> IN UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 7/31/25<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 7/31/25<br>| DIVIDENDS<br> RECEIVED<br>|
| **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS |
| **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** | **Consumer Discretionary Distribution & Retail 0.0%** |
| QVC Group Inc | $— | $499519 | ($396790)<br>| ($770464)<br>| ($130415)<br>| $573864 | 147903 | $— |
| **Financial Services 0.2%** | **Financial Services 0.2%** | **Financial Services 0.2%** | **Financial Services 0.2%** | **Financial Services 0.2%** | **Financial Services 0.2%** | **Financial Services 0.2%** | **Financial Services 0.2%** | **Financial Services 0.2%** |
| Charles Schwab Corp. | 10859939 | 1206091 | (180807)<br>| 4697 | 4343229 | 16233149 | 166102 | 124277 |
| **Total** | **$10859939** | **$1705610** | **($577597)**<br>| **($765767)**<br>| **$4212814** | **$16807013** |  | **$124277** |

---

------

**7**

------

Schwab Fundamental U.S. Large Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

The following is a summary of the inputs used to value the fund's investments as of July 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Common Stocks <sup>1</sup> <br>| $9785397405 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $9785397405 |
| Short-Term Investments <sup>1</sup> <br>| 34114310 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 34114310 |
| Futures Contracts <sup>2</sup> <br>| 195287 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 195287 |
| **Total** | **$9819707002** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$9819707002** |

---

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

<sup>1</sup> As categorized in the Portfolio Holdings. <br> <sup>2</sup> Futures contracts are reported at cumulative unrealized appreciation or depreciation.

**8**

------

Schwab Capital Trust

Schwab Fundamental U.S. Small Company Index Fund

------

**Portfolio Holdings** as of July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **COMMON STOCKS** 99.9% OF NET ASSETS | **COMMON STOCKS** 99.9% OF NET ASSETS | **COMMON STOCKS** 99.9% OF NET ASSETS |
| **Automobiles & Components 1.5%** | **Automobiles & Components 1.5%** | **Automobiles & Components 1.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; American Axle & Manufacturing <br> Holdings, Inc. \*<br>| 338429 | 1506009 |
| Dorman Products, Inc. \* | 12810 | 1545142 |
| Fox Factory Holding Corp. \* | 58499 | 1776615 |
| Gentherm, Inc. \* | 42237 | 1353274 |
| LCI Industries  | 38254 | 3634130 |
| Modine Manufacturing Co. \* | 16763 | 2255629 |
| Patrick Industries, Inc.  | 37263 | 3623454 |
| Phinia, Inc.  | 59666 | 3025066 |
| Rivian Automotive, Inc., Class A \* | 28229 | 363307 |
| Standard Motor Products, Inc.  | 20020 | 607807 |
| Visteon Corp. \* | 26790 | 2977709 |
| Winnebago Industries, Inc.  | 82037 | 2438140 |
|  |  | **25106282** |
| **Banks 8.0%** | **Banks 8.0%** | **Banks 8.0%** |
| Ameris Bancorp  | 31308 | 2139902 |
| Associated Banc-Corp.  | 119030 | 2944802 |
| Atlantic Union Bankshares Corp.  | 80716 | 2558697 |
| Axos Financial, Inc. \* | 19600 | 1692460 |
| Bancorp, Inc. \* | 6732 | 425193 |
| Bank of Hawaii Corp.  | 26095 | 1614759 |
| Bank OZK  | 81277 | 4006956 |
| BankUnited, Inc.  | 99774 | 3638758 |
| Banner Corp.  | 22530 | 1398550 |
| Berkshire Hills Bancorp, Inc.  | 15799 | 389287 |
| BOK Financial Corp.  | 14684 | 1490867 |
| Brookline Bancorp, Inc.  | 32382 | 334182 |
| Cadence Bank  | 94367 | 3288690 |
| Capitol Federal Financial, Inc.  | 55777 | 335778 |
| Cathay General Bancorp  | 53509 | 2419677 |
| City Holding Co.  | 6425 | 784493 |
| Columbia Banking System, Inc.  | 80784 | 1922659 |
| Commerce Bancshares, Inc.  | 47569 | 2911223 |
| Community Financial System, Inc.  | 24685 | 1300900 |
| Cullen/Frost Bankers, Inc.  | 26034 | 3316992 |
| Customers Bancorp, Inc. \* | 22243 | 1417991 |
| CVB Financial Corp.  | 86599 | 1618535 |
| Dime Community Bancshares, Inc.  | 12678 | 351307 |
| Eagle Bancorp, Inc.  | 25448 | 409458 |
| Eastern Bankshares, Inc.  | 53784 | 830963 |
| Enterprise Financial Services Corp.  | 17367 | 958485 |
| FB Financial Corp.  | 6742 | 328740 |
| First Bancorp/Southern Pines NC  | 18489 | 926114 |
| First Busey Corp.  | 40470 | 903290 |
| First Commonwealth Financial Corp.  | 60272 | 995091 |
| First Financial Bancorp  | 65125 | 1578630 |
| First Financial Bankshares, Inc.  | 35265 | 1220874 |
| First Hawaiian, Inc.  | 107829 | 2614853 |
| &nbsp;&nbsp;&nbsp;&nbsp; First Interstate BancSystem, Inc., <br> Class A <br>| 69107 | 1989591 |
| First Merchants Corp.  | 35362 | 1347999 |
| FNB Corp.  | 238809 | 3658554 |
| Fulton Financial Corp.  | 105032 | 1885324 |
| Glacier Bancorp, Inc.  | 46788 | 2050718 |
| Hancock Whitney Corp.  | 53651 | 3204038 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Hilltop Holdings, Inc.  | 65100 | 1926960 |
| Home BancShares, Inc.  | 90193 | 2539835 |
| HomeStreet, Inc. \* | 31158 | 407547 |
| Hope Bancorp, Inc.  | 139176 | 1390368 |
| Independent Bank Corp.  | 23067 | 1465908 |
| International Bancshares Corp.  | 26852 | 1830769 |
| Lakeland Financial Corp.  | 10444 | 661836 |
| National Bank Holdings Corp., Class A  | 8451 | 313194 |
| NBT Bancorp, Inc.  | 23675 | 979672 |
| Northwest Bancshares, Inc.  | 96540 | 1129518 |
| OceanFirst Financial Corp.  | 23416 | 392920 |
| Old National Bancorp  | 135208 | 2854241 |
| Pacific Premier Bancorp, Inc.  | 76005 | 1647028 |
| Park National Corp.  | 6237 | 1009583 |
| Pathward Financial, Inc.  | 11848 | 896005 |
| Pinnacle Financial Partners, Inc.  | 27548 | 2421194 |
| Preferred Bank  | 4050 | 367821 |
| Prosperity Bancshares, Inc.  | 48633 | 3239930 |
| Provident Financial Services, Inc.  | 72695 | 1324503 |
| Renasant Corp.  | 38812 | 1422072 |
| S&T Bancorp, Inc.  | 23630 | 865803 |
| Seacoast Banking Corp. of Florida  | 28390 | 800314 |
| ServisFirst Bancshares, Inc.  | 12913 | 1015607 |
| Simmons First National Corp., Class A  | 114334 | 2191783 |
| Southside Bancshares, Inc.  | 12203 | 359256 |
| SouthState Corp.  | 44243 | 4166363 |
| Texas Capital Bancshares, Inc. \* | 24994 | 2098746 |
| Towne Bank  | 37051 | 1297897 |
| TriCo Bancshares  | 7908 | 325177 |
| Triumph Financial, Inc. \* | 5326 | 302091 |
| Trustmark Corp.  | 38162 | 1421535 |
| UMB Financial Corp.  | 26120 | 2872939 |
| United Bankshares, Inc.  | 79799 | 2834460 |
| United Community Banks, Inc.  | 57365 | 1749633 |
| Valley National Bancorp  | 370099 | 3430818 |
| Veritex Holdings, Inc.  | 35108 | 1113626 |
| WaFd, Inc.  | 67182 | 1955332 |
| Webster Financial Corp.  | 43315 | 2497110 |
| WesBanco, Inc.  | 52264 | 1574714 |
| Westamerica BanCorp  | 6360 | 304644 |
| Western Alliance Bancorp  | 48482 | 3760264 |
| Wintrust Financial Corp.  | 28108 | 3597262 |
| WSFS Financial Corp.  | 31004 | 1700259 |
|  |  | **137661917** |
| **Capital Goods 13.4%** | **Capital Goods 13.4%** | **Capital Goods 13.4%** |
| AAON, Inc.  | 9836 | 821306 |
| AAR Corp. \* | 33298 | 2487694 |
| Advanced Drainage Systems, Inc.  | 29549 | 3390748 |
| Aebi Schmidt Holding AG \* | 36985 | 380943 |
| AeroVironment, Inc. \* | 2247 | 601387 |
| Alamo Group, Inc.  | 8098 | 1802453 |
| Albany International Corp., Class A  | 24719 | 1339523 |
| American Woodmark Corp. \* | 29084 | 1530109 |
| API Group Corp. \* | 108783 | 3923803 |
| Apogee Enterprises, Inc.  | 31506 | 1322937 |
| Applied Industrial Technologies, Inc.  | 16756 | 4549254 |
| Arcosa, Inc.  | 32612 | 2800719 |
| Armstrong World Industries, Inc.  | 18404 | 3463081 |
| Astec Industries, Inc.  | 17080 | 677393 |

---

**9**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| ATI, Inc. \* | 36102 | 2777688 |
| Atkore, Inc.  | 22524 | 1734798 |
| Atmus Filtration Technologies, Inc.  | 15076 | 586607 |
| Axon Enterprise, Inc. \* | 504 | 380767 |
| AZZ, Inc.  | 15690 | 1718055 |
| BlueLinx Holdings, Inc. \* | 30469 | 2232464 |
| BWX Technologies, Inc.  | 29368 | 4461880 |
| Chart Industries, Inc. \* | 10938 | 2174803 |
| Columbus McKinnon Corp.  | 41876 | 613483 |
| Comfort Systems USA, Inc.  | 7803 | 5487850 |
| Construction Partners, Inc., Class A \* | 10217 | 1030384 |
| Core & Main, Inc., Class A \* | 81095 | 5160886 |
| Crane Co.  | 19037 | 3726873 |
| CSW Industrials, Inc.  | 2904 | 753530 |
| Curtiss-Wright Corp.  | 5732 | 2809941 |
| DNOW, Inc. \* | 160846 | 2502764 |
| Douglas Dynamics, Inc.  | 12637 | 361418 |
| Ducommun, Inc. \* | 5512 | 501482 |
| DXP Enterprises, Inc. \* | 4503 | 510010 |
| Dycom Industries, Inc. \* | 17666 | 4748797 |
| Enerpac Tool Group Corp., Class A  | 17645 | 679509 |
| EnerSys  | 39306 | 3630695 |
| Enpro, Inc.  | 9015 | 1914876 |
| Esab Corp.  | 21514 | 2886533 |
| ESCO Technologies, Inc.  | 9091 | 1760927 |
| Everus Construction Group, Inc. \* | 19113 | 1419331 |
| Federal Signal Corp.  | 21265 | 2691511 |
| Flowserve Corp.  | 78798 | 4415840 |
| Franklin Electric Co., Inc.  | 22913 | 2152676 |
| FTAI Aviation Ltd.  | 13637 | 1876588 |
| Gates Industrial Corp. PLC \* | 80366 | 1993077 |
| GATX Corp.  | 22619 | 3453695 |
| Gibraltar Industries, Inc. \* | 28668 | 1892948 |
| GMS, Inc. \* | 46409 | 5088283 |
| GrafTech International Ltd. \* | 1078047 | 1498485 |
| Granite Construction, Inc.  | 32230 | 3044768 |
| Greenbrier Cos., Inc.  | 46466 | 2114203 |
| Griffon Corp.  | 21792 | 1771036 |
| Hayward Holdings, Inc. \* | 92931 | 1429279 |
| HEICO Corp.  | 13573 | 4435656 |
| Helios Technologies, Inc.  | 27920 | 1024385 |
| Herc Holdings, Inc.  | 28542 | 3333991 |
| Hexcel Corp.  | 53939 | 3231485 |
| Hillenbrand, Inc.  | 95477 | 1977329 |
| Hillman Solutions Corp. \* | 157202 | 1240324 |
| Insteel Industries, Inc.  | 14678 | 529876 |
| Janus International Group, Inc. \* | 52537 | 450242 |
| JBT Marel Corp.  | 17756 | 2446777 |
| JELD-WEN Holding, Inc. \* | 401963 | 1808834 |
| Kadant, Inc.  | 3633 | 1208953 |
| Kennametal, Inc.  | 131132 | 3246828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, <br> Inc. \*<br>| 34645 | 2033662 |
| Lennox International, Inc.  | 3315 | 2018835 |
| Leonardo DRS, Inc.  | 19524 | 812198 |
| Lindsay Corp.  | 6487 | 885540 |
| Manitowoc Co., Inc. \* | 57816 | 737154 |
| Masterbrand, Inc. \* | 222987 | 2459547 |
| McGrath RentCorp  | 13800 | 1722102 |
| Mercury Systems, Inc. \* | 27320 | 1436759 |
| Miller Industries, Inc.  | 7783 | 317157 |
| Moog, Inc., Class A  | 15909 | 3079664 |
| MRC Global, Inc. \* | 59798 | 877835 |
| MSC Industrial Direct Co., Inc., Class A  | 28488 | 2467631 |
| Mueller Water Products, Inc., Class A  | 68801 | 1703513 |
| MYR Group, Inc. \* | 15732 | 3044142 |
| NEXTracker, Inc., Class A \* | 7736 | 450699 |
| NPK International, Inc. \* | 44925 | 405224 |
| Primoris Services Corp.  | 40539 | 3817558 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Proto Labs, Inc. \* | 11032 | 475700 |
| Quanex Building Products Corp.  | 59863 | 1166131 |
| RBC Bearings, Inc. \* | 4920 | 1905713 |
| REV Group, Inc.  | 37564 | 1861296 |
| Simpson Manufacturing Co., Inc.  | 17794 | 3192777 |
| SiteOne Landscape Supply, Inc. \* | 25136 | 3464495 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spirit AeroSystems Holdings, Inc., <br> Class A \*<br>| 39691 | 1563825 |
| SPX Technologies, Inc. \* | 9820 | 1791070 |
| Standex International Corp.  | 6249 | 1029460 |
| Sterling Infrastructure, Inc. \* | 8139 | 2177915 |
| Sunrun, Inc. \* | 30415 | 312058 |
| Tennant Co.  | 15422 | 1272932 |
| Terex Corp.  | 83034 | 4223109 |
| Titan International, Inc. \* | 58360 | 493726 |
| Titan Machinery, Inc. \* | 30973 | 598398 |
| Trex Co., Inc. \* | 39825 | 2558358 |
| Trinity Industries, Inc.  | 86308 | 2010976 |
| Tutor Perini Corp. \* | 32834 | 1580957 |
| V2X, Inc. \* | 7521 | 356345 |
| Valmont Industries, Inc.  | 12789 | 4654557 |
| Vertiv Holdings Co., Class A  | 29690 | 4322864 |
| Wabash National Corp.  | 139513 | 1389549 |
| Watts Water Technologies, Inc., Class A  | 12295 | 3225224 |
| WillScot Holdings Corp.  | 35173 | 1032328 |
| Woodward, Inc.  | 23479 | 6035981 |
| Worthington Enterprises, Inc.  | 36865 | 2284524 |
| Zurn Elkay Water Solutions Corp.  | 39828 | 1762389 |
|  |  | **229026647** |
| **Commercial & Professional Services 5.2%** | **Commercial & Professional Services 5.2%** | **Commercial & Professional Services 5.2%** |
| ACCO Brands Corp.  | 178029 | 667609 |
| Alight, Inc., Class A  | 403282 | 2161591 |
| Amentum Holdings, Inc. \* | 33702 | 841539 |
| Barrett Business Services, Inc.  | 7962 | 366013 |
| Brady Corp., Class A  | 29365 | 2072288 |
| BrightView Holdings, Inc. \* | 41724 | 665498 |
| Brink's Co.  | 30474 | 2661599 |
| Casella Waste Systems, Inc., Class A \* | 10082 | 1096216 |
| CBIZ, Inc. \* | 19254 | 1176804 |
| Civeo Corp.  | 15520 | 387845 |
| Clarivate PLC \* | 196815 | 757738 |
| Clean Harbors, Inc. \* | 17746 | 4184684 |
| Conduent, Inc. \* | 416851 | 1108824 |
| CoreCivic, Inc. \* | 172139 | 3449665 |
| CSG Systems International, Inc.  | 26244 | 1639200 |
| Dayforce, Inc. \* | 6565 | 378603 |
| Deluxe Corp.  | 59926 | 964809 |
| Dun & Bradstreet Holdings, Inc.  | 231416 | 2105886 |
| Ennis, Inc.  | 19804 | 352511 |
| Enviri Corp. \* | 70130 | 631170 |
| ExlService Holdings, Inc. \* | 46378 | 2014196 |
| Exponent, Inc.  | 13660 | 941994 |
| FTI Consulting, Inc. \* | 21016 | 3496012 |
| GEO Group, Inc. \* | 160035 | 4148107 |
| Healthcare Services Group, Inc. \* | 76312 | 992819 |
| Heidrick & Struggles International, Inc.  | 9203 | 409810 |
| HNI Corp.  | 48148 | 2476733 |
| Huron Consulting Group, Inc. \* | 8257 | 1090585 |
| ICF International, Inc.  | 13001 | 1090654 |
| Insperity, Inc.  | 23953 | 1427120 |
| Interface, Inc., Class A  | 24921 | 513871 |
| Kelly Services, Inc., Class A  | 126371 | 1548045 |
| Kforce, Inc.  | 33075 | 1152664 |
| Korn Ferry  | 48670 | 3449243 |
| Maximus, Inc.  | 26689 | 1971249 |
| MillerKnoll, Inc.  | 131441 | 2494750 |
| MSA Safety, Inc.  | 12304 | 2188512 |

---

**10**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| NV5 Global, Inc. \* | 42700 | 958615 |
| OPENLANE, Inc. \* | 108920 | 2683789 |
| Parsons Corp. \* | 22231 | 1649540 |
| Paycom Software, Inc.  | 9214 | 2133410 |
| Pitney Bowes, Inc.  | 48510 | 551074 |
| Resources Connection, Inc.  | 75948 | 384297 |
| Rollins, Inc.  | 59421 | 3403041 |
| Steelcase, Inc., Class A  | 194684 | 2011086 |
| Tetra Tech, Inc.  | 92505 | 3398634 |
| TriNet Group, Inc.  | 31239 | 2118317 |
| TrueBlue, Inc. \* | 136361 | 984526 |
| TTEC Holdings, Inc. \* | 125495 | 624965 |
| UL Solutions, Inc., Class A  | 6440 | 470893 |
| UniFirst Corp.  | 14784 | 2528507 |
| Veralto Corp.  | 19722 | 2067457 |
| Verra Mobility Corp., Class A \* | 40929 | 1033866 |
| Vestis Corp.  | 297805 | 1804698 |
| VSE Corp.  | 6920 | 1083257 |
|  |  | **88966428** |
| **Consumer Discretionary Distribution & Retail 4.2%** | **Consumer Discretionary Distribution & Retail 4.2%** | **Consumer Discretionary Distribution & Retail 4.2%** |
| 1-800-Flowers.com, Inc., Class A \**(a)* | 51368 | 303585 |
| Abercrombie & Fitch Co., Class A \* | 29052 | 2789573 |
| A-Mark Precious Metals, Inc.  | 64140 | 1364899 |
| American Eagle Outfitters, Inc.  | 123285 | 1331478 |
| America's Car-Mart, Inc. \* | 7447 | 335413 |
| Arko Corp.  | 60139 | 250780 |
| Boot Barn Holdings, Inc. \* | 12208 | 2098555 |
| Buckle, Inc.  | 39120 | 1931354 |
| Caleres, Inc.  | 77692 | 1066711 |
| Camping World Holdings, Inc., Class A  | 49009 | 678285 |
| Coupang, Inc., Class A \* | 138461 | 4074907 |
| Designer Brands, Inc., Class A  | 140271 | 395564 |
| Dillard's, Inc., Class A  | 4397 | 2053091 |
| Etsy, Inc. \* | 57870 | 3372085 |
| Five Below, Inc. \* | 36444 | 4975335 |
| Floor & Decor Holdings, Inc., Class A \* | 32569 | 2496088 |
| GameStop Corp., Class A \* | 155767 | 3496969 |
| Genesco, Inc. \* | 26125 | 628567 |
| Guess?, Inc.  | 47578 | 618514 |
| Haverty Furniture Cos., Inc.  | 21987 | 453592 |
| MarineMax, Inc. \* | 31928 | 724127 |
| Monro, Inc.  | 44721 | 630342 |
| National Vision Holdings, Inc. \* | 155596 | 3774759 |
| Ollie's Bargain Outlet Holdings, Inc. \* | 27520 | 3760058 |
| OneWater Marine, Inc., Class A \* | 20192 | 309745 |
| &nbsp;&nbsp;&nbsp;&nbsp; Petco Health & Wellness Co., Inc., <br> Class A \*<br>| 156222 | 470228 |
| RH \* | 12209 | 2510415 |
| Sally Beauty Holdings, Inc. \* | 279139 | 2718814 |
| Shoe Carnival, Inc.  | 19995 | 409098 |
| Signet Jewelers Ltd.  | 24556 | 1942380 |
| Sleep Number Corp. \* | 57903 | 424429 |
| Sonic Automotive, Inc., Class A  | 34597 | 2503093 |
| Stitch Fix, Inc., Class A \* | 86693 | 410058 |
| Upbound Group, Inc.  | 92592 | 1910636 |
| Urban Outfitters, Inc. \* | 82171 | 6185833 |
| Valvoline, Inc. \* | 91429 | 3222872 |
| Victoria's Secret & Co. \* | 133044 | 2501227 |
| Wayfair, Inc., Class A \* | 33058 | 2169927 |
| Zumiez, Inc. \* | 37463 | 513618 |
|  |  | **71807004** |
| **Consumer Durables & Apparel 3.2%** | **Consumer Durables & Apparel 3.2%** | **Consumer Durables & Apparel 3.2%** |
| Acushnet Holdings Corp.  | 20375 | 1622257 |
| Beazer Homes USA, Inc. \* | 36395 | 855283 |
| Cavco Industries, Inc. \* | 5078 | 2049836 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Century Communities, Inc.  | 54622 | 3074672 |
| Champion Homes, Inc. \* | 30102 | 1833212 |
| Columbia Sportswear Co.  | 41872 | 2368699 |
| Crocs, Inc. \* | 16533 | 1648836 |
| Ethan Allen Interiors, Inc.  | 18721 | 557324 |
| G-III Apparel Group Ltd. \* | 99677 | 2352377 |
| GoPro, Inc., Class A \**(a)* | 735077 | 948249 |
| Green Brick Partners, Inc. \* | 20854 | 1291697 |
| Helen of Troy Ltd. \* | 67512 | 1483914 |
| Hooker Furnishings Corp.  | 28973 | 273795 |
| Hovnanian Enterprises, Inc., Class A \* | 4345 | 519097 |
| Installed Building Products, Inc.  | 10049 | 2032812 |
| iRobot Corp. \* | 102362 | 430944 |
| Kontoor Brands, Inc.  | 28840 | 1605234 |
| La-Z-Boy, Inc.  | 59828 | 2152013 |
| Levi Strauss & Co., Class A  | 80626 | 1587526 |
| LGI Homes, Inc. \* | 36437 | 1940999 |
| M/I Homes, Inc. \* | 13890 | 1669439 |
| Malibu Boats, Inc., Class A \* | 20488 | 682455 |
| MasterCraft Boat Holdings, Inc. \* | 19330 | 373842 |
| Mattel, Inc. \* | 118197 | 2010531 |
| Movado Group, Inc.  | 21631 | 335497 |
| Oxford Industries, Inc.  | 23100 | 881958 |
| Peloton Interactive, Inc., Class A \* | 99362 | 709445 |
| SharkNinja, Inc. \* | 20849 | 2420569 |
| Smith & Wesson Brands, Inc.  | 69407 | 551786 |
| Sonos, Inc. \* | 113702 | 1229119 |
| Steven Madden Ltd.  | 85825 | 2060229 |
| Sturm Ruger & Co., Inc.  | 18520 | 632643 |
| TopBuild Corp. \* | 6577 | 2436318 |
| Topgolf Callaway Brands Corp. \* | 221103 | 2045203 |
| Under Armour, Inc., Class A \* | 497823 | 3305545 |
| Wolverine World Wide, Inc.  | 43048 | 972024 |
| YETI Holdings, Inc. \* | 49408 | 1815250 |
|  |  | **54760629** |
| **Consumer Services 5.6%** | **Consumer Services 5.6%** | **Consumer Services 5.6%** |
| ADT, Inc.  | 283746 | 2369279 |
| Adtalem Global Education, Inc. \* | 25042 | 2861549 |
| Airbnb, Inc., Class A \* | 21094 | 2793057 |
| BJ's Restaurants, Inc. \* | 10014 | 354796 |
| Bloomin' Brands, Inc.  | 196840 | 1793212 |
| Boyd Gaming Corp.  | 55877 | 4743957 |
| Bright Horizons Family Solutions, Inc. \* | 16344 | 1848506 |
| Brightstar Lottery PLC  | 170009 | 2522934 |
| Brinker International, Inc. \* | 13025 | 2052740 |
| Cheesecake Factory, Inc. *(a)* | 22877 | 1462069 |
| Chegg, Inc. \* | 383279 | 502095 |
| Choice Hotels International, Inc. *(a)* | 10467 | 1336741 |
| Churchill Downs, Inc.  | 19839 | 2123567 |
| Cracker Barrel Old Country Store, Inc.  | 69590 | 4314580 |
| Dave & Buster's Entertainment, Inc. \* | 46208 | 1351122 |
| Dine Brands Global, Inc.  | 20292 | 458802 |
| DoorDash, Inc., Class A \* | 18115 | 4533279 |
| Frontdoor, Inc. \* | 24118 | 1410903 |
| Golden Entertainment, Inc.  | 27701 | 778952 |
| Graham Holdings Co., Class B  | 3665 | 3497070 |
| Grand Canyon Education, Inc. \* | 20640 | 3480523 |
| H&R Block, Inc.  | 70775 | 3845914 |
| Hilton Grand Vacations, Inc. \* | 63581 | 2849700 |
| Hyatt Hotels Corp., Class A  | 12421 | 1750988 |
| Jack in the Box, Inc.  | 50569 | 996209 |
| Laureate Education, Inc. \* | 162699 | 3676997 |
| Light & Wonder, Inc. \* | 33105 | 3188674 |
| Matthews International Corp., Class A  | 28458 | 668478 |
| Papa John's International, Inc.  | 17399 | 737892 |
| Perdoceo Education Corp.  | 49917 | 1436611 |
| Planet Fitness, Inc., Class A \* | 19433 | 2121889 |

---

**11**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Red Rock Resorts, Inc., Class A  | 29780 | 1827003 |
| Royal Caribbean Cruises Ltd.  | 9652 | 3068081 |
| Sabre Corp. \* | 146737 | 444613 |
| Six Flags Entertainment Corp. \* | 17700 | 530292 |
| Strategic Education, Inc.  | 19573 | 1451240 |
| Stride, Inc. \* | 14160 | 1815737 |
| Texas Roadhouse, Inc., Class A  | 12482 | 2310793 |
| Travel & Leisure Co.  | 88583 | 5248543 |
| United Parks & Resorts, Inc. \* | 28742 | 1360359 |
| Wendy's Co.  | 171710 | 1691344 |
| Wingstop, Inc.  | 2430 | 916936 |
| Wyndham Hotels & Resorts, Inc.  | 43148 | 3710728 |
| Wynn Resorts Ltd.  | 32420 | 3534753 |
|  |  | **95773507** |
| **Consumer Staples Distribution & Retail 0.9%** | **Consumer Staples Distribution & Retail 0.9%** | **Consumer Staples Distribution & Retail 0.9%** |
| Andersons, Inc.  | 51445 | 1847904 |
| Chefs' Warehouse, Inc. \* | 17969 | 1231955 |
| Grocery Outlet Holding Corp. \* | 132822 | 1749266 |
| Ingles Markets, Inc., Class A  | 61435 | 3866105 |
| Maplebear, Inc. \* | 7950 | 381362 |
| PriceSmart, Inc.  | 34593 | 3718747 |
| Village Super Market, Inc., Class A  | 12013 | 413247 |
| Weis Markets, Inc.  | 42610 | 3085390 |
|  |  | **16293976** |
| **Energy 4.4%** | **Energy 4.4%** | **Energy 4.4%** |
| Antero Midstream Corp.  | 130915 | 2402290 |
| Archrock, Inc.  | 90360 | 2110810 |
| Berry Corp.  | 188670 | 569783 |
| Bristow Group, Inc. \* | 12195 | 421581 |
| Cactus, Inc., Class A  | 19062 | 806513 |
| California Resources Corp.  | 33396 | 1609019 |
| Chord Energy Corp.  | 14688 | 1620527 |
| Civitas Resources, Inc.  | 37447 | 1136891 |
| CNX Resources Corp. \* | 70629 | 2140765 |
| Comstock Resources, Inc. \* | 81179 | 1450669 |
| Core Laboratories, Inc.  | 22182 | 242671 |
| Core Natural Resources, Inc.  | 32911 | 2429161 |
| Crescent Energy Co., Class A  | 152902 | 1412815 |
| CVR Energy, Inc.  | 92132 | 2467295 |
| Delek U.S. Holdings, Inc.  | 105797 | 2366679 |
| Dorian LPG Ltd.  | 46205 | 1330242 |
| DT Midstream, Inc.  | 32540 | 3342834 |
| Expro Group Holdings NV \* | 79849 | 860772 |
| Green Plains, Inc. \* | 255530 | 2113233 |
| Gulfport Energy Corp. \* | 7148 | 1244681 |
| Helix Energy Solutions Group, Inc. \* | 144366 | 856090 |
| Helmerich & Payne, Inc.  | 57551 | 932902 |
| International Seaways, Inc.  | 36915 | 1472909 |
| Kodiak Gas Services, Inc.  | 9762 | 315606 |
| Kosmos Energy Ltd. \* | 845929 | 1818747 |
| Liberty Energy, Inc., Class A  | 219655 | 2710543 |
| Magnolia Oil & Gas Corp., Class A  | 109697 | 2612983 |
| Matador Resources Co.  | 36190 | 1805157 |
| Nabors Industries Ltd. \* | 31980 | 1112264 |
| New Fortress Energy, Inc. *(a)* | 86179 | 234838 |
| Noble Corp. PLC  | 57724 | 1547580 |
| Northern Oil & Gas, Inc.  | 56506 | 1591209 |
| Oceaneering International, Inc. \* | 54679 | 1186534 |
| Oil States International, Inc. \* | 78605 | 392239 |
| Par Pacific Holdings, Inc. \* | 131343 | 4121543 |
| Patterson-UTI Energy, Inc.  | 243449 | 1438784 |
| Permian Resources Corp., Class A  | 164420 | 2328187 |
| ProPetro Holding Corp. \* | 129677 | 695069 |
| Range Resources Corp.  | 51055 | 1874740 |
| REX American Resources Corp. \* | 8862 | 463305 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| RPC, Inc.  | 162046 | 753514 |
| Select Water Solutions, Inc.  | 55766 | 537027 |
| Summit Midstream Corp. \* | 11759 | 299619 |
| Talos Energy, Inc. \* | 191950 | 1641173 |
| TechnipFMC PLC  | 88381 | 3214417 |
| Texas Pacific Land Corp.  | 1607 | 1555785 |
| Tidewater, Inc. \* | 8244 | 412282 |
| Transocean Ltd. \* | 408839 | 1193810 |
| Valaris Ltd. \* | 23222 | 1129286 |
| Vital Energy, Inc. \* | 78552 | 1468137 |
| W&T Offshore, Inc. *(a)* | 202720 | 358814 |
| Weatherford International PLC  | 31908 | 1804397 |
|  |  | **75958721** |
| **Equity Real Estate Investment Trusts (REITs) 7.5%** | **Equity Real Estate Investment Trusts (REITs) 7.5%** | **Equity Real Estate Investment Trusts (REITs) 7.5%** |
| Acadia Realty Trust  | 44323 | 829727 |
| Agree Realty Corp.  | 18408 | 1319854 |
| Alexander & Baldwin, Inc.  | 60862 | 1094299 |
| American Assets Trust, Inc.  | 41606 | 791762 |
| American Healthcare REIT, Inc.  | 17017 | 657537 |
| American Homes 4 Rent, Class A  | 95015 | 3296070 |
| Americold Realty Trust, Inc.  | 185863 | 2988677 |
| Apple Hospitality REIT, Inc.  | 194203 | 2281885 |
| Brandywine Realty Trust  | 200650 | 802600 |
| Brixmor Property Group, Inc.  | 73608 | 1923377 |
| Broadstone Net Lease, Inc.  | 84956 | 1379685 |
| CareTrust REIT, Inc.  | 27863 | 886043 |
| Centerspace  | 5446 | 296426 |
| COPT Defense Properties  | 75541 | 2060758 |
| Cousins Properties, Inc.  | 101586 | 2752981 |
| CubeSmart  | 73286 | 2851558 |
| Curbline Properties Corp.  | 17113 | 378197 |
| DiamondRock Hospitality Co.  | 189724 | 1464669 |
| Diversified Healthcare Trust  | 311304 | 1017964 |
| Douglas Emmett, Inc.  | 181005 | 2744036 |
| Easterly Government Properties, Inc.  | 34635 | 761970 |
| EastGroup Properties, Inc.  | 10020 | 1635665 |
| Elme Communities  | 57233 | 863074 |
| Empire State Realty Trust, Inc., Class A  | 161465 | 1169007 |
| EPR Properties  | 51222 | 2819259 |
| Equity LifeStyle Properties, Inc.  | 50818 | 3045015 |
| Essential Properties Realty Trust, Inc.  | 30022 | 915371 |
| Federal Realty Investment Trust  | 37614 | 3466506 |
| First Industrial Realty Trust, Inc.  | 40123 | 1954793 |
| Four Corners Property Trust, Inc.  | 29020 | 732465 |
| Global Net Lease, Inc.  | 169618 | 1185630 |
| Healthcare Realty Trust, Inc., Class A  | 214148 | 3289313 |
| Highwoods Properties, Inc.  | 100079 | 2903292 |
| HomeBanc Corp. \**(b)* | 6875 | 0 |
| Hudson Pacific Properties, Inc. \* | 762856 | 1868997 |
| Independence Realty Trust, Inc.  | 65158 | 1092700 |
| Innovative Industrial Properties, Inc.  | 6301 | 325762 |
| InvenTrust Properties Corp.  | 34810 | 959712 |
| JBG SMITH Properties  | 146803 | 3109288 |
| Kilroy Realty Corp.  | 106120 | 3911583 |
| Kite Realty Group Trust  | 78132 | 1717341 |
| Lineage, Inc.  | 12924 | 557671 |
| LTC Properties, Inc.  | 20996 | 714704 |
| LXP Industrial Trust  | 189962 | 1474105 |
| Macerich Co.  | 186879 | 3122748 |
| Medical Properties Trust, Inc. *(a)* | 382285 | 1575014 |
| National Health Investors, Inc.  | 17363 | 1212979 |
| National Storage Affiliates Trust  | 27996 | 824762 |
| NNN REIT, Inc.  | 71628 | 2955371 |
| Omega Healthcare Investors, Inc.  | 101367 | 3943176 |
| Outfront Media, Inc.  | 131624 | 2307369 |
| Paramount Group, Inc. \* | 170419 | 1042964 |
| Park Hotels & Resorts, Inc.  | 145650 | 1552629 |

---

**12**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Peakstone Realty Trust  | 55603 | 756201 |
| Pebblebrook Hotel Trust  | 140874 | 1412966 |
| Phillips Edison & Co., Inc.  | 49862 | 1684837 |
| Piedmont Realty Trust, Inc., Class A  | 142407 | 1076597 |
| PotlatchDeltic Corp.  | 85038 | 3477204 |
| Rayonier, Inc.  | 96868 | 2257993 |
| Rexford Industrial Realty, Inc.  | 48686 | 1778500 |
| RLJ Lodging Trust  | 252471 | 1868285 |
| Ryman Hospitality Properties, Inc.  | 16223 | 1542158 |
| Sabra Health Care REIT, Inc.  | 146419 | 2639935 |
| Service Properties Trust *(c)* | 1006430 | 2646911 |
| Sila Realty Trust, Inc.  | 13616 | 332775 |
| SITE Centers Corp.  | 10770 | 115993 |
| SL Green Realty Corp.  | 59057 | 3381013 |
| STAG Industrial, Inc.  | 64919 | 2228669 |
| Summit Hotel Properties, Inc.  | 62690 | 327242 |
| Sunstone Hotel Investors, Inc.  | 183179 | 1602816 |
| Tanger, Inc.  | 45675 | 1371164 |
| Terreno Realty Corp.  | 16803 | 932398 |
| Uniti Group, Inc. \* | 558650 | 2972018 |
| Urban Edge Properties  | 71390 | 1407811 |
| Veris Residential, Inc.  | 46081 | 648820 |
| Xenia Hotels & Resorts, Inc.  | 114868 | 1459972 |
|  |  | **128750618** |
| **Financial Services 7.5%** | **Financial Services 7.5%** | **Financial Services 7.5%** |
| Acadian Asset Management, Inc.  | 19366 | 809305 |
| AGNC Investment Corp.  | 177129 | 1670326 |
| &nbsp;&nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance, <br> Inc. <br>| 176342 | 1696410 |
| Apollo Global Management, Inc.  | 16273 | 2364792 |
| Arbor Realty Trust, Inc. *(a)* | 156560 | 1747210 |
| ARES Management Corp., Class A  | 17910 | 3322842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Artisan Partners Asset Management, <br> Inc., Class A <br>| 59973 | 2713778 |
| B Riley Financial, Inc. \**(a)* | 101601 | 545597 |
| BGC Group, Inc., Class A  | 159061 | 1474495 |
| Blackstone Mortgage Trust, Inc., Class A  | 160874 | 2972952 |
| BrightSpire Capital, Inc., Class A  | 93329 | 483444 |
| Chimera Investment Corp.  | 174359 | 2331180 |
| Claros Mortgage Trust, Inc.  | 318075 | 906514 |
| Cohen & Steers, Inc.  | 11377 | 836892 |
| Coinbase Global, Inc., Class A \* | 5425 | 2049348 |
| Credit Acceptance Corp. \* | 5639 | 2764689 |
| DigitalBridge Group, Inc.  | 247581 | 2659020 |
| Donnelley Financial Solutions, Inc. \* | 21733 | 1150980 |
| Enact Holdings, Inc.  | 9490 | 329872 |
| Encore Capital Group, Inc. \* | 46292 | 1707249 |
| Enova International, Inc. \* | 23664 | 2474308 |
| Essent Group Ltd.  | 53940 | 3020101 |
| Euronet Worldwide, Inc. \* | 33546 | 3260000 |
| EZCORP, Inc., Class A \* | 27973 | 400573 |
| FactSet Research Systems, Inc.  | 8455 | 3406520 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federal Agricultural Mortgage Corp., <br> Class C <br>| 4083 | 703378 |
| Federated Hermes, Inc.  | 86314 | 4278585 |
| FirstCash Holdings, Inc.  | 26250 | 3498862 |
| Franklin BSP Realty Trust, Inc.  | 81115 | 819262 |
| Green Dot Corp., Class A \* | 42607 | 431183 |
| Hamilton Lane, Inc., Class A  | 2512 | 382578 |
| Houlihan Lokey, Inc., Class A  | 16658 | 3176014 |
| Interactive Brokers Group, Inc., Class A  | 37121 | 2433653 |
| Janus Henderson Group PLC  | 46363 | 2007518 |
| KKR Real Estate Finance Trust, Inc.  | 40779 | 368642 |
| Ladder Capital Corp., Class A  | 108439 | 1184154 |
| LendingClub Corp. \* | 30943 | 482401 |
| loanDepot, Inc., Class A \* | 230057 | 365791 |
| MarketAxess Holdings, Inc.  | 10286 | 2113773 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| MFA Financial, Inc.  | 137477 | 1249666 |
| Moelis & Co., Class A  | 45477 | 3189757 |
| Morningstar, Inc.  | 5593 | 1546241 |
| Mr. Cooper Group, Inc. \* | 37331 | 5813183 |
| Navient Corp.  | 142425 | 1842980 |
| NCR Atleos Corp. \* | 57636 | 1763662 |
| Nelnet, Inc., Class A  | 9332 | 1164354 |
| New York Mortgage Trust, Inc.  | 81700 | 517161 |
| NMI Holdings, Inc., Class A \* | 33077 | 1234434 |
| Oppenheimer Holdings, Inc., Class A  | 6450 | 488975 |
| Paysafe Ltd. \* | 25487 | 309667 |
| PennyMac Financial Services, Inc.  | 31436 | 2927949 |
| PennyMac Mortgage Investment Trust  | 117018 | 1379642 |
| Piper Sandler Cos.  | 7623 | 2403684 |
| PJT Partners, Inc., Class A  | 5628 | 1005273 |
| PRA Group, Inc. \* | 31304 | 475821 |
| PROG Holdings, Inc.  | 40070 | 1275829 |
| Radian Group, Inc.  | 121399 | 3958821 |
| Ready Capital Corp. *(a)* | 192924 | 812210 |
| Redwood Trust, Inc.  | 73602 | 401867 |
| Regional Management Corp.  | 12001 | 398913 |
| Rocket Cos., Inc., Class A *(a)* | 80153 | 1183860 |
| Shift4 Payments, Inc., Class A \* | 3086 | 317858 |
| Stifel Financial Corp.  | 42160 | 4811299 |
| Toast, Inc., Class A \* | 35631 | 1740218 |
| TPG RE Finance Trust, Inc.  | 43763 | 380738 |
| TPG, Inc.  | 24911 | 1421671 |
| Tradeweb Markets, Inc., Class A  | 12531 | 1736170 |
| Two Harbors Investment Corp.  | 85353 | 832192 |
| Victory Capital Holdings, Inc., Class A  | 20617 | 1420717 |
| Virtu Financial, Inc., Class A  | 85895 | 3791405 |
| Virtus Investment Partners, Inc.  | 6569 | 1269853 |
| Walker & Dunlop, Inc.  | 28218 | 2116632 |
| WEX, Inc. \* | 19220 | 3261250 |
| World Acceptance Corp. \* | 2672 | 420359 |
|  |  | **128208502** |
| **Food, Beverage & Tobacco 2.0%** | **Food, Beverage & Tobacco 2.0%** | **Food, Beverage & Tobacco 2.0%** |
| B&G Foods, Inc.  | 192701 | 790074 |
| Boston Beer Co., Inc., Class A \* | 7713 | 1597208 |
| Calavo Growers, Inc.  | 18994 | 499542 |
| Cal-Maine Foods, Inc.  | 35626 | 3959474 |
| Coca-Cola Consolidated, Inc.  | 20607 | 2302832 |
| Fresh Del Monte Produce, Inc.  | 119309 | 4484825 |
| Hain Celestial Group, Inc. \* | 371797 | 583721 |
| J&J Snack Foods Corp.  | 8389 | 947034 |
| John B Sanfilippo & Son, Inc.  | 13250 | 838858 |
| Marzetti Co.  | 11231 | 1996423 |
| MGP Ingredients, Inc.  | 9715 | 274740 |
| Nomad Foods Ltd.  | 188824 | 3179796 |
| Pilgrim's Pride Corp.  | 35644 | 1689169 |
| Seaboard Corp.  | 925 | 2929642 |
| Seneca Foods Corp., Class A \* | 5434 | 569103 |
| Simply Good Foods Co. \* | 36372 | 1107891 |
| TreeHouse Foods, Inc. \* | 93008 | 1787614 |
| Universal Corp.  | 53688 | 2924385 |
| WK Kellogg Co.  | 115089 | 2652802 |
|  |  | **35115133** |
| **Health Care Equipment & Services 4.3%** | **Health Care Equipment & Services 4.3%** | **Health Care Equipment & Services 4.3%** |
| Acadia Healthcare Co., Inc. \* | 92732 | 2018776 |
| AdaptHealth Corp., Class A \* | 104716 | 939303 |
| Addus HomeCare Corp. \* | 8577 | 915852 |
| agilon health, Inc. \* | 409584 | 733155 |
| Amedisys, Inc. \* | 26016 | 2565178 |
| AMN Healthcare Services, Inc. \* | 59878 | 1098163 |
| Astrana Health, Inc. \* | 22964 | 547921 |

---

**13**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Avanos Medical, Inc. \* | 35187 | 393039 |
| BrightSpring Health Services, Inc. \* | 15896 | 328252 |
| Brookdale Senior Living, Inc. \* | 229074 | 1775324 |
| Chemed Corp.  | 7437 | 3066275 |
| Claritev Corp. \* | 21904 | 873312 |
| &nbsp;&nbsp;&nbsp;&nbsp; Clover Health Investments Corp., <br> Class A \*<br>| 80729 | 233307 |
| Concentra Group Holdings Parent, Inc.  | 111712 | 2230889 |
| CONMED Corp.  | 19522 | 998550 |
| Cross Country Healthcare, Inc. \* | 51103 | 687335 |
| Dexcom, Inc. \* | 42765 | 3454129 |
| Embecta Corp.  | 57408 | 583265 |
| Enhabit, Inc. \* | 54302 | 364909 |
| Enovis Corp. \* | 60172 | 1612610 |
| Ensign Group, Inc.  | 17442 | 2616300 |
| Envista Holdings Corp. \* | 203478 | 3843699 |
| Evolent Health, Inc., Class A \* | 42823 | 430371 |
| Fulgent Genetics, Inc. \* | 21716 | 373081 |
| Globus Medical, Inc., Class A \* | 25554 | 1344907 |
| Haemonetics Corp. \* | 24520 | 1815461 |
| HealthEquity, Inc. \* | 13283 | 1288451 |
| ICU Medical, Inc. \* | 11986 | 1539122 |
| Insulet Corp. \* | 3297 | 950855 |
| Integer Holdings Corp. \* | 13809 | 1498415 |
| Integra LifeSciences Holdings Corp. \* | 108166 | 1421301 |
| Lantheus Holdings, Inc. \* | 5550 | 395105 |
| LivaNova PLC \* | 21454 | 905144 |
| Masimo Corp. \* | 16279 | 2503547 |
| Merit Medical Systems, Inc. \* | 14903 | 1264669 |
| National HealthCare Corp.  | 11736 | 1127008 |
| Neogen Corp. \* | 93235 | 433543 |
| OmniAb, Inc., Class A \**(b)* | 2660 | 0 |
| OmniAb, Inc., Class B \**(b)* | 2660 | 0 |
| Omnicell, Inc. \* | 31983 | 991793 |
| Option Care Health, Inc. \* | 101246 | 2971570 |
| Owens & Minor, Inc. \* | 390029 | 2702901 |
| Pediatrix Medical Group, Inc. \* | 66403 | 813437 |
| Penumbra, Inc. \* | 3643 | 919020 |
| Premier, Inc., Class A  | 187479 | 4027049 |
| Privia Health Group, Inc. \* | 35841 | 699616 |
| QuidelOrtho Corp. \* | 40141 | 924046 |
| RadNet, Inc. \* | 6633 | 363024 |
| Select Medical Holdings Corp.  | 105823 | 1565122 |
| Surgery Partners, Inc. \* | 46054 | 1010885 |
| Teladoc Health, Inc. \* | 173463 | 1250668 |
| Varex Imaging Corp. \* | 42684 | 310740 |
| Veeva Systems, Inc., Class A \* | 13542 | 3848636 |
| Waystar Holding Corp. \* | 7495 | 277165 |
| Zimvie, Inc. \* | 60655 | 1139707 |
|  |  | **72985902** |
| **Household & Personal Products 1.2%** | **Household & Personal Products 1.2%** | **Household & Personal Products 1.2%** |
| BellRing Brands, Inc. \* | 11658 | 636294 |
| Central Garden & Pet Co. \* | 9083 | 354419 |
| Central Garden & Pet Co., Class A \* | 71328 | 2533571 |
| Coty, Inc., Class A \* | 294998 | 1430740 |
| Edgewell Personal Care Co.  | 75813 | 1912762 |
| elf Beauty, Inc. \* | 4716 | 571532 |
| Energizer Holdings, Inc.  | 74473 | 1677132 |
| Herbalife Ltd. \* | 365179 | 3359647 |
| Interparfums, Inc.  | 6103 | 736022 |
| Medifast, Inc. \* | 54840 | 755147 |
| Nu Skin Enterprises, Inc., Class A  | 206843 | 1733344 |
| Reynolds Consumer Products, Inc.  | 48139 | 1082646 |
| Spectrum Brands Holdings, Inc.  | 51248 | 2742280 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| USANA Health Sciences, Inc. \* | 18988 | 558057 |
| WD-40 Co.  | 3841 | 823510 |
|  |  | **20907103** |
| **Insurance 1.5%** | **Insurance 1.5%** | **Insurance 1.5%** |
| AMERISAFE, Inc.  | 9184 | 411260 |
| Brighthouse Financial, Inc. \* | 12268 | 587024 |
| CNA Financial Corp.  | 19363 | 858362 |
| Employers Holdings, Inc.  | 28549 | 1178503 |
| Erie Indemnity Co., Class A  | 6147 | 2189807 |
| Hanover Insurance Group, Inc.  | 11271 | 1934442 |
| Horace Mann Educators Corp.  | 28284 | 1202919 |
| Kemper Corp.  | 55253 | 3403032 |
| Kinsale Capital Group, Inc.  | 1799 | 792801 |
| Mercury General Corp.  | 22122 | 1531948 |
| ProAssurance Corp. \* | 17742 | 421550 |
| RLI Corp.  | 32071 | 2116365 |
| Safety Insurance Group, Inc.  | 16014 | 1126585 |
| Selective Insurance Group, Inc.  | 33352 | 2600455 |
| Stewart Information Services Corp.  | 42915 | 2786471 |
| White Mountains Insurance Group Ltd.  | 1512 | 2703154 |
|  |  | **25844678** |
| **Materials 5.1%** | **Materials 5.1%** | **Materials 5.1%** |
| AdvanSix, Inc.  | 29547 | 594486 |
| Alpha Metallurgical Resources, Inc. \* | 7836 | 925197 |
| Ardagh Metal Packaging SA  | 103894 | 411420 |
| Ashland, Inc.  | 25476 | 1313543 |
| Avient Corp.  | 79253 | 2502017 |
| Balchem Corp.  | 9066 | 1382293 |
| Cabot Corp.  | 40456 | 2920114 |
| Carpenter Technology Corp.  | 12830 | 3199674 |
| Clearwater Paper Corp. \* | 29770 | 671611 |
| Coeur Mining, Inc. \* | 135073 | 1173784 |
| Compass Minerals International, Inc. \* | 48790 | 972385 |
| Ecovyst, Inc. \* | 217724 | 1874604 |
| Element Solutions, Inc.  | 136393 | 3218875 |
| Ferroglobe PLC  | 107179 | 453367 |
| Greif, Inc., Class A  | 55085 | 3494042 |
| Hawkins, Inc.  | 7996 | 1305587 |
| HB Fuller Co.  | 51032 | 2867998 |
| Hecla Mining Co.  | 252413 | 1448851 |
| Ingevity Corp. \* | 55890 | 2335643 |
| Innospec, Inc.  | 21896 | 1749490 |
| Kaiser Aluminum Corp.  | 25156 | 1944810 |
| Knife River Corp. \* | 30130 | 2485122 |
| Koppers Holdings, Inc.  | 42432 | 1394316 |
| LSB Industries, Inc. \* | 45795 | 353995 |
| Magnera Corp. \* | 18969 | 236164 |
| Materion Corp.  | 15127 | 1592873 |
| Mativ Holdings, Inc.  | 113215 | 749483 |
| Metallus, Inc. \* | 47992 | 758274 |
| Minerals Technologies, Inc.  | 37529 | 2182311 |
| MP Materials Corp. \* | 28977 | 1782086 |
| Myers Industries, Inc.  | 32895 | 481912 |
| NewMarket Corp.  | 5237 | 3597819 |
| Olympic Steel, Inc.  | 24298 | 755668 |
| Orion SA  | 105741 | 1025688 |
| Perimeter Solutions, Inc. \* | 2717 | 43825 |
| Quaker Chemical Corp.  | 10691 | 1223264 |
| Rayonier Advanced Materials, Inc. \* | 124679 | 478767 |
| Royal Gold, Inc.  | 14288 | 2163489 |
| Ryerson Holding Corp.  | 153653 | 3165252 |
| Scotts Miracle-Gro Co.  | 40323 | 2526639 |
| Sensient Technologies Corp.  | 29695 | 3334452 |
| Silgan Holdings, Inc.  | 76100 | 3540933 |
| Southern Copper Corp.  | 37871 | 3565933 |

---

**14**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Stepan Co.  | 40187 | 2040294 |
| SunCoke Energy, Inc.  | 96162 | 710637 |
| Sylvamo Corp.  | 39277 | 1809491 |
| Tredegar Corp. \* | 42531 | 370445 |
| TriMas Corp.  | 46747 | 1670270 |
| Trinseo PLC *(a)* | 145324 | 388015 |
| Tronox Holdings PLC  | 401584 | 1281053 |
| Warrior Met Coal, Inc.  | 67123 | 3448780 |
| Worthington Steel, Inc.  | 43289 | 1321180 |
|  |  | **87238221** |
| **Media & Entertainment 3.2%** | **Media & Entertainment 3.2%** | **Media & Entertainment 3.2%** |
| Advantage Solutions, Inc. \* | 206426 | 282804 |
| &nbsp;&nbsp;&nbsp;&nbsp; AMC Entertainment Holdings, Inc., <br> Class A \*<br>| 85233 | 247176 |
| AMC Networks, Inc., Class A \* | 146786 | 879248 |
| Angi, Inc. \* | 21966 | 356289 |
| Cable One, Inc.  | 9877 | 1264058 |
| Cargurus, Inc. \* | 38100 | 1250442 |
| Cars.com, Inc. \* | 57733 | 743024 |
| Cinemark Holdings, Inc.  | 39661 | 1065691 |
| Clear Channel Outdoor Holdings, Inc. \* | 304320 | 322579 |
| EchoStar Corp., Class A \* | 98254 | 3202098 |
| EW Scripps Co., Class A \* | 389189 | 1163675 |
| Gannett Co., Inc. \* | 161523 | 615403 |
| Gray Media, Inc.  | 367547 | 1657637 |
| IAC, Inc. \* | 55703 | 2189128 |
| iHeartMedia, Inc., Class A \* | 554226 | 1036403 |
| John Wiley & Sons, Inc., Class A  | 46862 | 1808873 |
| Liberty Broadband Corp., Class C \* | 20169 | 1236763 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty Formula <br> One, Class C \*<br>| 37022 | 3715158 |
| Lionsgate Studios Corp. \* | 77700 | 459984 |
| Live Nation Entertainment, Inc. \* | 7249 | 1070677 |
| Match Group, Inc.  | 112815 | 3866170 |
| New York Times Co., Class A  | 58551 | 3038211 |
| Pinterest, Inc., Class A \* | 69904 | 2698294 |
| Roku, Inc. \* | 24753 | 2330742 |
| Scholastic Corp.  | 69912 | 1724729 |
| Shutterstock, Inc.  | 30498 | 584342 |
| Sinclair, Inc.  | 127160 | 1838734 |
| Sirius XM Holdings, Inc.  | 16687 | 352429 |
| Snap, Inc., Class A \* | 155850 | 1469665 |
| Starz Entertainment Corp. \* | 5219 | 75936 |
| Thryv Holdings, Inc. \* | 39879 | 524808 |
| TKO Group Holdings, Inc.  | 6271 | 1053591 |
| Trade Desk, Inc., Class A \* | 15114 | 1314313 |
| TripAdvisor, Inc. \* | 89489 | 1565163 |
| Warner Music Group Corp., Class A  | 29440 | 861414 |
| WideOpenWest, Inc. \* | 76267 | 257020 |
| Yelp, Inc., Class A \* | 76340 | 2628386 |
| Ziff Davis, Inc. \* | 68506 | 2131907 |
| ZoomInfo Technologies, Inc., Class A \* | 117317 | 1270543 |
|  |  | **54153507** |
| **Pharmaceuticals, Biotechnology & Life Sciences 2.7%** | **Pharmaceuticals, Biotechnology & Life Sciences 2.7%** | **Pharmaceuticals, Biotechnology & Life Sciences 2.7%** |
| Amneal Pharmaceuticals, Inc. \* | 45101 | 352690 |
| Azenta, Inc. \* | 23807 | 778489 |
| BioMarin Pharmaceutical, Inc. \* | 38335 | 2217680 |
| Bio-Rad Laboratories, Inc., Class A \* | 11809 | 2857188 |
| Bio-Techne Corp.  | 35300 | 1931969 |
| Bruker Corp.  | 48794 | 1875153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Charles River Laboratories International, <br> Inc. \*<br>| 11503 | 1951369 |
| Collegium Pharmaceutical, Inc. \* | 10600 | 316516 |
| Corcept Therapeutics, Inc. \* | 20270 | 1361536 |
| Elanco Animal Health, Inc. \* | 168884 | 2310333 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Emergent BioSolutions, Inc. \* | 109808 | 645671 |
| Exact Sciences Corp. \* | 21181 | 994448 |
| Exelixis, Inc. \* | 82454 | 2986484 |
| Fortrea Holdings, Inc. \* | 175855 | 1009408 |
| Halozyme Therapeutics, Inc. \* | 22533 | 1351304 |
| Incyte Corp. \* | 58491 | 4380391 |
| Innoviva, Inc. \* | 26777 | 486538 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ironwood Pharmaceuticals, Inc., <br> Class A \*<br>| 442210 | 337848 |
| Jazz Pharmaceuticals PLC \* | 20644 | 2366422 |
| Medpace Holdings, Inc. \* | 3387 | 1446926 |
| Myriad Genetics, Inc. \* | 71306 | 273815 |
| Neurocrine Biosciences, Inc. \* | 15926 | 2042191 |
| Pacira BioSciences, Inc. \* | 15125 | 318986 |
| Prestige Consumer Healthcare, Inc. \* | 23275 | 1721186 |
| Repligen Corp. \* | 7175 | 839977 |
| Royalty Pharma PLC, Class A  | 138074 | 5081123 |
| Sotera Health Co. \* | 28271 | 324834 |
| Supernus Pharmaceuticals, Inc. \* | 26961 | 946331 |
| United Therapeutics Corp. \* | 6191 | 1700668 |
| Vir Biotechnology, Inc. \* | 54089 | 274231 |
|  |  | **45481705** |
| **Real Estate Management & Development 1.4%** | **Real Estate Management & Development 1.4%** | **Real Estate Management & Development 1.4%** |
| Anywhere Real Estate, Inc. \* | 454843 | 2101375 |
| Compass, Inc., Class A \* | 383105 | 3041854 |
| CoStar Group, Inc. \* | 51617 | 4913422 |
| Cushman & Wakefield PLC \* | 145598 | 1774840 |
| eXp World Holdings, Inc.  | 180237 | 1942955 |
| Howard Hughes Holdings, Inc. \* | 7318 | 502966 |
| Kennedy-Wilson Holdings, Inc.  | 148564 | 1087488 |
| Marcus & Millichap, Inc.  | 26365 | 821533 |
| Newmark Group, Inc., Class A  | 115394 | 1750527 |
| Opendoor Technologies, Inc. \**(a)* | 1483824 | 2730236 |
| Zillow Group, Inc., Class C \* | 48621 | 3867801 |
|  |  | **24534997** |
| **Semiconductors & Semiconductor Equipment 2.6%** | **Semiconductors & Semiconductor Equipment 2.6%** | **Semiconductors & Semiconductor Equipment 2.6%** |
| Allegro MicroSystems, Inc. \* | 19563 | 614474 |
| Alpha & Omega Semiconductor Ltd. \* | 12117 | 308620 |
| Amkor Technology, Inc.  | 167746 | 3784350 |
| Axcelis Technologies, Inc. \* | 16889 | 1143216 |
| Cirrus Logic, Inc. \* | 33937 | 3417795 |
| Cohu, Inc. \* | 51779 | 924773 |
| Diodes, Inc. \* | 54017 | 2666819 |
| Enphase Energy, Inc. \* | 31215 | 1010117 |
| Entegris, Inc.  | 38069 | 2986894 |
| First Solar, Inc. \* | 11653 | 2036129 |
| FormFactor, Inc. \* | 34473 | 979378 |
| GLOBALFOUNDRIES, Inc. \* | 44459 | 1662322 |
| Ichor Holdings Ltd. \* | 38711 | 766091 |
| Lattice Semiconductor Corp. \* | 23490 | 1170507 |
| &nbsp;&nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, <br> Inc. \*<br>| 3148 | 431717 |
| MaxLinear, Inc. \* | 67036 | 1060509 |
| MKS, Inc.  | 20588 | 1959566 |
| Monolithic Power Systems, Inc.  | 4076 | 2899014 |
| Onto Innovation, Inc. \* | 10382 | 983694 |
| Penguin Solutions, Inc. \* | 47045 | 1108851 |
| Photronics, Inc. \* | 64777 | 1318860 |
| Power Integrations, Inc.  | 31956 | 1550505 |
| Rambus, Inc. \* | 18077 | 1336433 |
| Semtech Corp. \* | 26969 | 1378116 |
| Silicon Laboratories, Inc. \* | 25737 | 3391364 |
| Synaptics, Inc. \* | 25969 | 1628256 |

---

**15**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Ultra Clean Holdings, Inc. \* | 53130 | 1196488 |
| Universal Display Corp.  | 9570 | 1381908 |
|  |  | **45096766** |
| **Software & Services 4.0%** | **Software & Services 4.0%** | **Software & Services 4.0%** |
| ACI Worldwide, Inc. \* | 43598 | 1855531 |
| Alarm.com Holdings, Inc. \* | 13211 | 721717 |
| AppLovin Corp., Class A \* | 7177 | 2804054 |
| Bentley Systems, Inc., Class B  | 14530 | 842449 |
| Blackbaud, Inc. \* | 14314 | 965050 |
| CCC Intelligent Solutions Holdings, Inc. \* | 49516 | 478820 |
| Commvault Systems, Inc. \* | 8885 | 1687706 |
| Consensus Cloud Solutions, Inc. \* | 12657 | 255418 |
| Crowdstrike Holdings, Inc., Class A \* | 1014 | 460934 |
| Datadog, Inc., Class A \* | 2809 | 393204 |
| DigitalOcean Holdings, Inc. \* | 9673 | 269490 |
| Docusign, Inc., Class A \* | 4393 | 332287 |
| Dolby Laboratories, Inc., Class A  | 37565 | 2830147 |
| Dropbox, Inc., Class A \* | 136772 | 3716095 |
| Dynatrace, Inc. \* | 18372 | 966551 |
| Fair Isaac Corp. \* | 1826 | 2623451 |
| Globant SA \* | 5822 | 490562 |
| Guidewire Software, Inc. \* | 5770 | 1305289 |
| HubSpot, Inc. \* | 509 | 264502 |
| InterDigital, Inc.  | 7985 | 2061727 |
| LiveRamp Holdings, Inc. \* | 59494 | 1952593 |
| Manhattan Associates, Inc. \* | 7622 | 1674248 |
| NCR Voyix Corp. \* | 222091 | 3024879 |
| Okta, Inc. \* | 12364 | 1209199 |
| Palantir Technologies, Inc., Class A \* | 21616 | 3422894 |
| Progress Software Corp.  | 17134 | 823803 |
| PTC, Inc. \* | 13868 | 2978985 |
| Qualys, Inc. \* | 10174 | 1353854 |
| RingCentral, Inc., Class A \* | 22395 | 570849 |
| ServiceNow, Inc. \* | 2719 | 2564343 |
| Snowflake, Inc., Class A \* | 6744 | 1507284 |
| SPS Commerce, Inc. \* | 4533 | 493485 |
| Teradata Corp. \* | 110703 | 2317014 |
| Twilio, Inc., Class A \* | 30844 | 3978876 |
| Tyler Technologies, Inc. \* | 3752 | 2193269 |
| Unisys Corp. \* | 70156 | 289744 |
| Unity Software, Inc. \* | 43502 | 1451227 |
| Verint Systems, Inc. \* | 35403 | 753376 |
| VeriSign, Inc.  | 19475 | 5236243 |
| Workday, Inc., Class A \* | 11686 | 2680535 |
| Zoom Communications, Inc. \* | 28168 | 2085840 |
|  |  | **67887524** |
| **Technology Hardware & Equipment 4.4%** | **Technology Hardware & Equipment 4.4%** | **Technology Hardware & Equipment 4.4%** |
| Advanced Energy Industries, Inc.  | 18084 | 2512229 |
| Badger Meter, Inc.  | 4893 | 923603 |
| Belden, Inc.  | 22582 | 2792264 |
| Benchmark Electronics, Inc.  | 59478 | 2289903 |
| Calix, Inc. \* | 22514 | 1276319 |
| Cognex Corp.  | 82688 | 3371190 |
| Coherent Corp. \* | 21173 | 2278215 |
| CommScope Holding Co., Inc. \* | 332891 | 2729706 |
| Crane NXT Co.  | 25039 | 1485814 |
| CTS Corp.  | 20381 | 798731 |
| ePlus, Inc. \* | 24933 | 1615160 |
| Ingram Micro Holding Corp.  | 30787 | 607120 |
| IPG Photonics Corp. \* | 35771 | 2678890 |
| Itron, Inc. \* | 19754 | 2460163 |
| Kimball Electronics, Inc. \* | 29284 | 549368 |
| Knowles Corp. \* | 75958 | 1542707 |
| Littelfuse, Inc.  | 15240 | 3921709 |
| Lumentum Holdings, Inc. \* | 45467 | 5005007 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Methode Electronics, Inc.  | 77663 | 509469 |
| NETGEAR, Inc. \* | 18109 | 421034 |
| NetScout Systems, Inc. \* | 83542 | 1789470 |
| Novanta, Inc. \* | 6355 | 781792 |
| OSI Systems, Inc. \* | 9047 | 1999477 |
| PC Connection, Inc.  | 21669 | 1334594 |
| Plexus Corp. \* | 22718 | 2896545 |
| Pure Storage, Inc., Class A \* | 22697 | 1350925 |
| Rogers Corp. \* | 17323 | 1136042 |
| ScanSource, Inc. \* | 27972 | 1086433 |
| Super Micro Computer, Inc. \* | 95242 | 5616421 |
| TTM Technologies, Inc. \* | 117891 | 5570350 |
| Viasat, Inc. \* | 268809 | 4416532 |
| Viavi Solutions, Inc. \* | 191799 | 1927580 |
| Vishay Intertechnology, Inc.  | 129405 | 2120948 |
| Vontier Corp.  | 87367 | 3623110 |
|  |  | **75418820** |
| **Telecommunication Services 0.4%** | **Telecommunication Services 0.4%** | **Telecommunication Services 0.4%** |
| Cogent Communications Holdings, Inc.  | 19090 | 870313 |
| GCI Liberty, Inc. \**(b)* | 14650 | 0 |
| GCI Liberty, Inc., Class C \* | 4053 | 134762 |
| IDT Corp., Class B  | 7018 | 413430 |
| IHS Holding Ltd. \* | 128180 | 833170 |
| Iridium Communications, Inc.  | 64497 | 1577597 |
| Liberty Latin America Ltd., Class C \* | 268565 | 1917554 |
| Shenandoah Telecommunications Co.  | 31810 | 466971 |
| U.S. Cellular Corp. \* | 15145 | 1104525 |
|  |  | **7318322** |
| **Transportation 2.3%** | **Transportation 2.3%** | **Transportation 2.3%** |
| Allegiant Travel Co. \* | 28265 | 1459605 |
| American Airlines Group, Inc. \* | 126130 | 1449234 |
| ArcBest Corp.  | 41320 | 3021732 |
| Covenant Logistics Group, Inc., Class A  | 13593 | 328271 |
| Forward Air Corp. \* | 65412 | 1987871 |
| Genco Shipping & Trading Ltd.  | 39605 | 630908 |
| Global Ship Lease, Inc., Class A  | 23052 | 657443 |
| Heartland Express, Inc.  | 78987 | 617678 |
| JetBlue Airways Corp. \* | 591021 | 2624133 |
| Kirby Corp. \* | 28427 | 2709377 |
| Lyft, Inc., Class A \* | 31797 | 447066 |
| Marten Transport Ltd.  | 92369 | 1123207 |
| RXO, Inc. \* | 123200 | 1903440 |
| Saia, Inc. \* | 9899 | 2991874 |
| Schneider National, Inc., Class B  | 69223 | 1692502 |
| SkyWest, Inc. \* | 39772 | 4611961 |
| Southwest Airlines Co.  | 46945 | 1452009 |
| Sun Country Airlines Holdings, Inc. \* | 23423 | 271472 |
| United Airlines Holdings, Inc. \* | 55301 | 4883631 |
| Werner Enterprises, Inc.  | 64329 | 1783200 |
| XPO, Inc. \* | 29159 | 3507536 |
|  |  | **40154150** |
| **Utilities 3.4%** | **Utilities 3.4%** | **Utilities 3.4%** |
| ALLETE, Inc.  | 46433 | 3061328 |
| American States Water Co.  | 14463 | 1064332 |
| Avista Corp.  | 78869 | 2941814 |
| Black Hills Corp.  | 69621 | 4022701 |
| California Water Service Group  | 29519 | 1342229 |
| Chesapeake Utilities Corp.  | 9421 | 1129389 |
| Clearway Energy, Inc., Class C  | 67914 | 2216034 |
| Essential Utilities, Inc.  | 60903 | 2241230 |
| H2O America  | 19279 | 930983 |
| Hawaiian Electric Industries, Inc. \* | 324085 | 3474191 |
| IDACORP, Inc.  | 30858 | 3867433 |

---

**16**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| MDU Resources Group, Inc.  | 68235 | 1177054 |
| MGE Energy, Inc.  | 15471 | 1314107 |
| New Jersey Resources Corp.  | 68760 | 3156771 |
| Northwest Natural Holding Co.  | 39549 | 1578796 |
| Northwestern Energy Group, Inc.  | 57021 | 3062028 |
| ONE Gas, Inc.  | 47988 | 3488727 |
| Ormat Technologies, Inc.  | 23421 | 2094072 |
| Otter Tail Corp.  | 26744 | 2064102 |
| Southwest Gas Holdings, Inc.  | 58328 | 4557750 |
| Spire, Inc.  | 50841 | 3786129 |
| Talen Energy Corp. \* | 3989 | 1506127 |
| TXNM Energy, Inc.  | 73828 | 4192692 |
| Unitil Corp.  | 6470 | 333723 |
|  |  | **58603742** |
| **Total Common Stocks**<br> **(Cost $1,286,971,854)** | **Total Common Stocks**<br> **(Cost $1,286,971,854)** | **1713054801** |

---

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

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS** 0.8% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.8% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.8% OF NET ASSETS |
| **Money Market Funds 0.8%** | **Money Market Funds 0.8%** | **Money Market Funds 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.25% *(d)*<br>| 2182219 | 2182219 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.25% *(d)(e)*<br>| 11962181 | 11962181 |
|  |  | **14144400** |
| **Total Short-Term Investments**<br> **(Cost $14,144,400)** | **Total Short-Term Investments**<br> **(Cost $14,144,400)** | **14144400** |
| **Total Investments in Securities**<br> **(Cost $1,301,116,254)** | **Total Investments in Securities**<br> **(Cost $1,301,116,254)** | **1727199201** |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | NUMBER OF<br> CONTRACTS<br>| NOTIONAL<br> AMOUNT<br> ($)<br>| CURRENT VALUE/<br> UNREALIZED<br> DEPRECIATION<br> ($)<br>|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Long** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Russell 2000 Index, e-mini, <br> expires 09/19/25<br>| 15 | 1665150 | **(28395)**<br>|

---

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

\* Non-income producing security.

*(a)* All or a portion of this security is on loan. Securities on loan were valued at $10,944,578. 

*(b)* Fair valued using significant unobservable inputs (see notes to portfolio holdings for additional information). 

*(c)* Issuer is an affiliated company, as the investment adviser owns at least 5% of the voting securities of such company. 

*(d)* The rate shown is the annualized 7-day yield.

*(e)* Security purchased with cash collateral received for securities on loan.

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

REIT — Real Estate Investment Trust

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

Below is a summary of the fund's transactions with affiliated issuers and companies which are or were affiliates during the period ended July 31, 2025. An affiliated company is a company in which the investment adviser has or had an ownership of at least 5% of the voting securities of a security issue during the report period. A dash in the Value at October 31, 2024, and/or Value and Balance of Shares Held at July 31, 2025, columns means either the issuer was not held or not held as an affiliate on the stated date.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SECURITY | VALUE AT<br> 10/31/24<br>| PURCHASES | SALES | NET REALIZED<br> GAINS (LOSSES)<br>| NET CHANGE<br> IN UNREALIZED<br> APPRECIATION<br> (DEPRECIATION)<br>| VALUE AT<br> 7/31/25<br>| BALANCE<br> OF SHARES<br> HELD AT<br> 7/31/25<br>| DIVIDENDS<br> RECEIVED<br>|
| **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS | **COMMON STOCKS** 0.2% OF NET ASSETS |
| **Consumer Services 0.0%** | **Consumer Services 0.0%** | **Consumer Services 0.0%** | **Consumer Services 0.0%** | **Consumer Services 0.0%** | **Consumer Services 0.0%** | **Consumer Services 0.0%** | **Consumer Services 0.0%** | **Consumer Services 0.0%** |
| Cracker Barrel Old Country Store, Inc. | $— | $1066950 | ($430626)<br>| ($494463)<br>| $1520121 | $— |  | $52600 |
| **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** | **Equity Real Estate Investment Trusts (REITs) 0.2%** |
| Diversified Healthcare Trust | 2705178 | 603685 | (1456309)<br>| 447388 | (1281978)<br>|  |  | 8587 |
| Service Properties Trust |  | 1087131 | (297018)<br>| (128328)<br>| 1315 | 2646911 | 1006430 | 27554 |
|  |  |  |  |  |  | **2646911** |  |  |
| **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** | **Pharmaceuticals, Biotechnology & Life Sciences 0.0%** |
| Emergent BioSolutions, Inc. | 2807241 | 491419 | (1971090)<br>| 1234713 | (1916612)<br>|  |  |  |
| **Total** | **$5512419** | **$3249185** | **($4155043)**<br>| **$1059310** | **($1677154)**<br>| **$2646911** |  | **$88741** |

---

------

**17**

------

Schwab Fundamental U.S. Small Company Index Fund

**Portfolio Holdings** (Unaudited) continued

------

The following is a summary of the inputs used to value the fund's investments as of July 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Common Stocks <sup>1</sup> <br>| $1503999959 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $1503999959 |
| &nbsp;&nbsp;&nbsp;&nbsp; Equity Real Estate Investment Trusts (REITs) | 128750618 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 128750618 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Services | 72985902 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 72985902 |
| &nbsp;&nbsp;&nbsp;&nbsp; Telecommunication Services | 7318322 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 7318322 |
| Short-Term Investments <sup>1</sup> <br>| 14144400 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 14144400 |
| **Liabilities** |  |  |  |  |
| Futures Contracts <sup>2</sup> <br>| (28395)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (28395)<br>|
| **Total** | **$1727170806** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$0** | &nbsp;&nbsp; **$1727170806** |

---

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

<sup>\*</sup> Level 3 amount shown includes securities determined to have no value at July 31, 2025.

<sup>1</sup> As categorized in the Portfolio Holdings. 

<sup>2</sup> Futures contracts are reported at cumulative unrealized appreciation or depreciation.

**18**

------

Schwab Capital Trust

Schwab Fundamental International Equity Index Fund

------

**Portfolio Holdings** as of July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **COMMON STOCKS** 98.2% OF NET ASSETS | **COMMON STOCKS** 98.2% OF NET ASSETS | **COMMON STOCKS** 98.2% OF NET ASSETS |
| **Australia 4.5%** | **Australia 4.5%** | **Australia 4.5%** |
| AGL Energy Ltd.  | 246691 | 1537402 |
| Ampol Ltd.  | 102600 | 1793843 |
| ANZ Group Holdings Ltd.  | 409070 | 8027384 |
| APA Group  | 213831 | 1150066 |
| Aristocrat Leisure Ltd.  | 29533 | 1322396 |
| Aurizon Holdings Ltd.  | 618890 | 1284709 |
| BHP Group Ltd.  | 1134373 | 28648833 |
| BlueScope Steel Ltd.  | 198391 | 3007665 |
| Brambles Ltd.  | 160463 | 2454994 |
| Coles Group Ltd.  | 227644 | 3030844 |
| Commonwealth Bank of Australia  | 114276 | 12973699 |
| Computershare Ltd.  | 36112 | 972113 |
| CSL Ltd.  | 23629 | 4087444 |
| Downer EDI Ltd.  | 312058 | 1376058 |
| Dyno Nobel Ltd.  | 498187 | 936822 |
| Endeavour Group Ltd.  | 358064 | 937657 |
| Fortescue Ltd.  | 469292 | 5309690 |
| Goodman Group  | 36729 | 821204 |
| Insurance Australia Group Ltd.  | 216101 | 1213065 |
| JB Hi-Fi Ltd.  | 20216 | 1439824 |
| Lendlease Corp. Ltd.  | 270991 | 910802 |
| Macquarie Group Ltd.  | 28282 | 3916644 |
| Medibank Pvt Ltd.  | 458941 | 1500004 |
| Metcash Ltd.  | 431901 | 1078243 |
| Mineral Resources Ltd. \* | 37763 | 682083 |
| Mirvac Group  | 300842 | 431645 |
| National Australia Bank Ltd.  | 308465 | 7655066 |
| Northern Star Resources Ltd.  | 76327 | 758334 |
| Orica Ltd.  | 76389 | 1043173 |
| Origin Energy Ltd.  | 240911 | 1801487 |
| QBE Insurance Group Ltd.  | 144698 | 2146481 |
| Ramsay Health Care Ltd.  | 42898 | 1061926 |
| Rio Tinto Ltd.  | 109279 | 7771695 |
| Santos Ltd.  | 595531 | 2996644 |
| Scentre Group  | 496211 | 1187551 |
| Sims Ltd.  | 50488 | 489905 |
| Sonic Healthcare Ltd.  | 97875 | 1728359 |
| South32 Ltd.  | 1211071 | 2264751 |
| Stockland  | 307823 | 1091320 |
| Suncorp Group Ltd.  | 139288 | 1867123 |
| Telstra Group Ltd.  | 884160 | 2817889 |
| Transurban Group  | 194614 | 1722299 |
| Treasury Wine Estates Ltd.  | 49089 | 237376 |
| Viva Energy Group Ltd.  | 531328 | 711036 |
| Wesfarmers Ltd.  | 108502 | 5935005 |
| Westpac Banking Corp.  | 401502 | 8668479 |
| Whitehaven Coal Ltd.  | 303557 | 1244978 |
| Woodside Energy Group Ltd.  | 366219 | 6197296 |
| Woolworths Group Ltd.  | 199227 | 4022014 |
| Worley Ltd.  | 138191 | 1176017 |
|  |  | **157441337** |
| **Austria 0.5%** | **Austria 0.5%** | **Austria 0.5%** |
| ams-OSRAM AG \* | 93045 | 1226409 |
| BAWAG Group AG \* | 11678 | 1473850 |
| Erste Group Bank AG  | 42300 | 3868076 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| OMV AG  | 87125 | 4437134 |
| Raiffeisen Bank International AG  | 56044 | 1618238 |
| voestalpine AG  | 81815 | 2252408 |
| Wienerberger AG  | 30550 | 1024109 |
|  |  | **15900224** |
| **Belgium 0.6%** | **Belgium 0.6%** | **Belgium 0.6%** |
| Ageas SA  | 34249 | 2328667 |
| Anheuser-Busch InBev SA  | 144942 | 8333100 |
| KBC Group NV  | 34881 | 3638224 |
| Proximus SADP  | 142867 | 1187043 |
| Syensqo SA  | 15736 | 1247169 |
| UCB SA  | 6957 | 1494745 |
| Umicore SA  | 219070 | 3462133 |
|  |  | **21691081** |
| **Canada 8.2%** | **Canada 8.2%** | **Canada 8.2%** |
| Agnico Eagle Mines Ltd.  | 20461 | 2540052 |
| Algonquin Power & Utilities Corp.  | 182306 | 1074942 |
| Alimentation Couche-Tard, Inc.  | 153666 | 7984954 |
| AltaGas Ltd.  | 48495 | 1431820 |
| ARC Resources Ltd.  | 89747 | 1752061 |
| Atco Ltd., Class I  | 32421 | 1174138 |
| AtkinsRealis Group, Inc.  | 9342 | 661478 |
| B2Gold Corp.  | 315334 | 1060520 |
| Bank of Montreal  | 83016 | 9163155 |
| Bank of Nova Scotia  | 212088 | 11799844 |
| Barrick Mining Corp.  | 298081 | 6292486 |
| Bausch Health Cos., Inc. \* | 189654 | 1118269 |
| BCE, Inc.  | 145066 | 3383757 |
| Brookfield Corp.  | 141751 | 9494739 |
| Brookfield Infrastructure Corp., Class A  | 2220 | 86663 |
| Canadian Imperial Bank of Commerce  | 111753 | 7987081 |
| Canadian National Railway Co.  | 58043 | 5419748 |
| Canadian Natural Resources Ltd.  | 382398 | 12104486 |
| Canadian Pacific Kansas City Ltd.  | 49101 | 3610993 |
| Canadian Tire Corp. Ltd., Class A  | 18915 | 2533376 |
| Capital Power Corp.  | 10523 | 441091 |
| CCL Industries, Inc., Class B  | 18884 | 1055547 |
| Cenovus Energy, Inc.  | 417035 | 6347624 |
| CGI, Inc.  | 24104 | 2323768 |
| Constellation Software, Inc.  | 319 | 1100541 |
| Dollarama, Inc.  | 10119 | 1383037 |
| Element Fleet Management Corp.  | 18683 | 485952 |
| Emera, Inc.  | 45472 | 2135110 |
| Empire Co. Ltd., Class A  | 56039 | 2231692 |
| Enbridge, Inc.  | 301731 | 13664564 |
| Fairfax Financial Holdings Ltd.  | 2398 | 4241428 |
| Finning International, Inc.  | 38423 | 1674351 |
| First Quantum Minerals Ltd. \* | 137924 | 2318310 |
| Fortis, Inc.  | 67884 | 3321691 |
| Franco-Nevada Corp.  | 5763 | 918021 |
| George Weston Ltd.  | 13121 | 2493236 |
| Gildan Activewear, Inc.  | 21788 | 1100564 |
| Great-West Lifeco, Inc.  | 31245 | 1173266 |
| Hydro One Ltd.  | 33570 | 1187161 |
| iA Financial Corp., Inc.  | 11622 | 1137624 |
| Imperial Oil Ltd.  | 38057 | 3173156 |
| Intact Financial Corp.  | 12251 | 2532251 |

---

**19**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Keyera Corp.  | 34396 | 1079840 |
| Kinross Gold Corp.  | 152849 | 2445628 |
| Linamar Corp.  | 21540 | 1041556 |
| Loblaw Cos. Ltd.  | 23786 | 3846513 |
| Lundin Mining Corp.  | 108528 | 1108308 |
| Magna International, Inc.  | 180532 | 7403167 |
| Manulife Financial Corp.  | 211316 | 6538046 |
| MEG Energy Corp.  | 61046 | 1203209 |
| Methanex Corp.  | 21823 | 729533 |
| Metro, Inc.  | 40748 | 3115799 |
| National Bank of Canada  | 32222 | 3351730 |
| Northland Power, Inc.  | 23214 | 379305 |
| Nutrien Ltd.  | 190067 | 11276998 |
| Onex Corp.  | 11308 | 919918 |
| Open Text Corp.  | 40084 | 1179724 |
| Parkland Corp.  | 50219 | 1417483 |
| Pembina Pipeline Corp.  | 75775 | 2816406 |
| Power Corp. of Canada  | 85782 | 3457034 |
| Quebecor, Inc., Class B  | 37090 | 1043424 |
| Restaurant Brands International, Inc.  | 24467 | 1660210 |
| Rogers Communications, Inc., Class B  | 89437 | 2987258 |
| Royal Bank of Canada  | 126587 | 16242713 |
| Saputo, Inc.  | 72516 | 1520868 |
| Shopify, Inc., Class A \* | 3691 | 451173 |
| South Bow Corp.  | 7855 | 206296 |
| Sun Life Financial, Inc.  | 60051 | 3661308 |
| Suncor Energy, Inc.  | 353219 | 13931451 |
| TC Energy Corp.  | 120429 | 5750276 |
| Teck Resources Ltd., Class B  | 95510 | 3097044 |
| TELUS Corp.  | 141364 | 2277168 |
| TFI International, Inc.  | 10839 | 942624 |
| Thomson Reuters Corp.  | 6912 | 1387189 |
| Toromont Industries Ltd.  | 9508 | 964044 |
| Toronto-Dominion Bank  | 229538 | 16718371 |
| Tourmaline Oil Corp.  | 43611 | 1856048 |
| Vermilion Energy, Inc.  | 92051 | 755355 |
| Waste Connections, Inc.  | 11513 | 2149880 |
| West Fraser Timber Co. Ltd.  | 31355 | 2173760 |
| Wheaton Precious Metals Corp.  | 11499 | 1051641 |
| Whitecap Resources, Inc.  | 329879 | 2490282 |
| WSP Global, Inc.  | 8584 | 1767476 |
|  |  | **285510603** |
| **China 0.1%** | **China 0.1%** | **China 0.1%** |
| China Gas Holdings Ltd.  | 1217600 | 1278965 |
| GCL Technology Holdings Ltd. \**(a)* | 2596000 | 384641 |
| Kingboard Holdings Ltd.  | 432000 | 1547479 |
| SITC International Holdings Co. Ltd.  | 316000 | 1024484 |
|  |  | **4235569** |
| **Denmark 0.8%** | **Denmark 0.8%** | **Denmark 0.8%** |
| AP Moller - Maersk AS, Class A  | 1834 | 3598618 |
| AP Moller - Maersk AS, Class B  | 2766 | 5462189 |
| Carlsberg AS, Class B  | 15407 | 1920747 |
| Coloplast AS, Class B  | 7365 | 672660 |
| Danske Bank AS  | 61038 | 2421467 |
| DSV AS  | 18415 | 4126524 |
| Genmab AS \* | 1926 | 414663 |
| ISS AS  | 18494 | 531635 |
| Novo Nordisk AS, Class B  | 99234 | 4615172 |
| Novonesis Novozymes B, Class B  | 16384 | 1060004 |
| Orsted AS \* | 27223 | 1283061 |
| Pandora AS  | 6992 | 1154348 |
| Rockwool AS, Class B  | 8771 | 384351 |
| Vestas Wind Systems AS  | 97105 | 1772952 |
|  |  | **29418391** |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **Finland 1.0%** | **Finland 1.0%** | **Finland 1.0%** |
| Elisa OYJ  | 20487 | 1054111 |
| Fortum OYJ  | 118196 | 2168391 |
| Kesko OYJ, B Shares  | 78047 | 1697477 |
| Kone OYJ, B Shares  | 35843 | 2201063 |
| Metso OYJ  | 36666 | 460499 |
| Neste OYJ  | 254812 | 4021601 |
| Nokia OYJ  | 1087455 | 4431755 |
| Nordea Bank Abp  | 538601 | 7859148 |
| Outokumpu OYJ  | 370917 | 1395652 |
| Sampo OYJ, A Shares  | 325664 | 3495570 |
| Stora Enso OYJ, R Shares  | 217642 | 2239423 |
| UPM-Kymmene OYJ  | 125583 | 3254830 |
| Wartsila OYJ Abp  | 49866 | 1377718 |
|  |  | **35657238** |
| **France 8.5%** | **France 8.5%** | **France 8.5%** |
| Accor SA  | 18436 | 934408 |
| Air Liquide SA  | 48641 | 9569457 |
| Alstom SA \* | 73270 | 1718645 |
| Arkema SA  | 25971 | 1766063 |
| AXA SA  | 271174 | 13170688 |
| Ayvens SA  | 153438 | 1648768 |
| BNP Paribas SA  | 232840 | 21229939 |
| Bollore SE  | 138574 | 799303 |
| Bouygues SA  | 95077 | 3914939 |
| Bureau Veritas SA  | 28399 | 874579 |
| Capgemini SE  | 22177 | 3301630 |
| Carrefour SA  | 415469 | 5954088 |
| Cie de Saint-Gobain SA  | 82473 | 9461063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cie Generale des Etablissements <br> Michelin SCA <br>| 191096 | 6798521 |
| Credit Agricole SA  | 193015 | 3552347 |
| Danone SA  | 93743 | 7671628 |
| Dassault Systemes SE  | 26521 | 871247 |
| Eiffage SA  | 31671 | 4251369 |
| Elis SA  | 35432 | 976862 |
| Emeis SA \* | 40515 | 630138 |
| Engie SA  | 448964 | 10091909 |
| EssilorLuxottica SA  | 18775 | 5582828 |
| Eurazeo SE  | 5368 | 314993 |
| Forvia SE \* | 215632 | 2741382 |
| Hermes International SCA  | 614 | 1501530 |
| Kering SA  | 17277 | 4242286 |
| Klepierre SA  | 11777 | 449551 |
| Legrand SA  | 22738 | 3358555 |
| L'Oreal SA  | 17845 | 7896108 |
| Louis Hachette Group  | 66402 | 123728 |
| LVMH Moet Hennessy Louis Vuitton SE  | 20273 | 10882785 |
| Orange SA  | 968456 | 14731244 |
| Pernod Ricard SA  | 27384 | 2814218 |
| Publicis Groupe SA  | 25839 | 2361212 |
| Renault SA  | 102610 | 3796650 |
| Rexel SA  | 100764 | 3045534 |
| Rubis SCA  | 36064 | 1141998 |
| Safran SA  | 15686 | 5172477 |
| Sanofi SA  | 166573 | 14953363 |
| Schneider Electric SE  | 37353 | 9666703 |
| SCOR SE  | 55133 | 1796070 |
| SEB SA  | 8185 | 597892 |
| Societe Generale SA  | 278543 | 17778983 |
| Sodexo SA  | 12602 | 749484 |
| Teleperformance SE  | 15215 | 1483327 |
| Thales SA  | 7858 | 2113752 |
| TotalEnergies SE  | 775686 | 46126527 |
| Unibail-Rodamco-Westfield \* | 13880 | 1345517 |
| Valeo SE  | 189363 | 2060168 |

---

**20**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Veolia Environnement SA  | 146363 | 4960103 |
| Vinci SA  | 87064 | 12093953 |
| Vivendi SE \* | 56746 | 215113 |
| Worldline SA \**(a)* | 58961 | 214793 |
|  |  | **295500418** |
| **Germany 8.1%** | **Germany 8.1%** | **Germany 8.1%** |
| adidas AG  | 18842 | 3601249 |
| Allianz SE  | 48616 | 19211956 |
| Aurubis AG  | 19110 | 1906118 |
| BASF SE  | 388140 | 19022499 |
| Bayer AG  | 488480 | 15192569 |
| Bayerische Motoren Werke AG  | 158867 | 15116415 |
| Beiersdorf AG  | 7096 | 881764 |
| BioNTech SE, ADR \* | 46860 | 5037450 |
| Brenntag SE  | 31951 | 1982212 |
| Commerzbank AG  | 94845 | 3458601 |
| Continental AG  | 50520 | 4314942 |
| Daimler Truck Holding AG  | 89373 | 4347573 |
| Deutsche Bank AG  | 255364 | 8410803 |
| Deutsche Boerse AG  | 7893 | 2284133 |
| Deutsche Lufthansa AG  | 324947 | 2786366 |
| Deutsche Post AG  | 317761 | 14237506 |
| Deutsche Telekom AG  | 688652 | 24699122 |
| E.ON SE  | 474060 | 8648387 |
| Evonik Industries AG  | 94708 | 1880717 |
| Freenet AG  | 25746 | 835016 |
| Fresenius Medical Care AG  | 76121 | 3860965 |
| Fresenius SE & Co. KGaA  | 151493 | 7230856 |
| FUCHS SE  | 5781 | 203326 |
| GEA Group AG  | 19060 | 1369084 |
| Hannover Rueck SE  | 4912 | 1490023 |
| Hapag-Lloyd AG *(a)* | 10807 | 1559904 |
| Heidelberg Materials AG  | 28469 | 6567641 |
| Henkel AG & Co. KGaA  | 12363 | 879137 |
| Infineon Technologies AG  | 107760 | 4233148 |
| K&S AG  | 98822 | 1494955 |
| KION Group AG  | 27878 | 1713796 |
| Lanxess AG  | 51376 | 1410884 |
| Mercedes-Benz Group AG  | 396419 | 22445342 |
| Merck KGaA  | 13113 | 1638920 |
| MTU Aero Engines AG  | 2857 | 1232390 |
| &nbsp;&nbsp;&nbsp;&nbsp; Muenchener <br> Rueckversicherungs-Gesellschaft AG <br> in Muenchen <br>| 11542 | 7556208 |
| Puma SE  | 25762 | 544569 |
| Rheinmetall AG  | 1640 | 3246373 |
| RWE AG  | 71574 | 2936336 |
| SAP SE  | 42318 | 12101066 |
| Schaeffler AG  | 121803 | 704213 |
| Siemens AG  | 75365 | 19195701 |
| Siemens Energy AG \* | 51757 | 5992356 |
| Siemens Healthineers AG  | 22285 | 1200329 |
| Symrise AG  | 9916 | 898858 |
| thyssenkrupp AG  | 647573 | 7495757 |
| Volkswagen AG  | 29287 | 3123285 |
| Vonovia SE  | 71345 | 2214233 |
| Zalando SE \* | 30973 | 903112 |
|  |  | **283298165** |
| **Hong Kong 1.2%** | **Hong Kong 1.2%** | **Hong Kong 1.2%** |
| AIA Group Ltd.  | 1167400 | 10885031 |
| CK Asset Holdings Ltd.  | 484500 | 2220075 |
| CLP Holdings Ltd.  | 323000 | 2803567 |
| Galaxy Entertainment Group Ltd.  | 84000 | 409640 |
| Hang Seng Bank Ltd.  | 108900 | 1586313 |
| HKT Trust & HKT Ltd.  | 688000 | 1083309 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Hong Kong & China Gas Co. Ltd.  | 1591676 | 1420672 |
| Hong Kong Exchanges & Clearing Ltd.  | 31906 | 1726714 |
| Jardine Matheson Holdings Ltd.  | 59846 | 3249719 |
| Link REIT  | 250600 | 1396282 |
| MTR Corp. Ltd.  | 109147 | 392631 |
| New World Development Co. Ltd. \**(a)* | 2011422 | 1647123 |
| Pacific Basin Shipping Ltd.  | 3754000 | 1084740 |
| Sun Hung Kai Properties Ltd.  | 289564 | 3439287 |
| Swire Pacific Ltd., A Shares  | 133300 | 1204943 |
| Swire Pacific Ltd., B Shares  | 250000 | 392764 |
| Techtronic Industries Co. Ltd.  | 130206 | 1556958 |
| WH Group Ltd.  | 4628499 | 4633766 |
| Wharf Real Estate Investment Co. Ltd.  | 132000 | 419075 |
| Yue Yuen Industrial Holdings Ltd.  | 467000 | 730420 |
|  |  | **42283029** |
| **Ireland 1.0%** | **Ireland 1.0%** | **Ireland 1.0%** |
| AIB Group PLC  | 81392 | 642073 |
| Allegion PLC  | 6790 | 1126597 |
| Bank of Ireland Group PLC  | 100391 | 1346240 |
| DCC PLC  | 37676 | 2359687 |
| Flutter Entertainment PLC \* | 2473 | 748983 |
| Glanbia PLC  | 21923 | 318539 |
| ICON PLC \* | 6333 | 1071480 |
| James Hardie Industries PLC, CDI \* | 33724 | 885168 |
| Kerry Group PLC, Class A  | 17521 | 1618414 |
| Kingspan Group PLC  | 14727 | 1222221 |
| Medtronic PLC  | 160162 | 14453019 |
| Perrigo Co. PLC  | 41179 | 1098244 |
| Ryanair Holdings PLC  | 81070 | 2383676 |
| Smurfit WestRock PLC *(b)* | 15782 | 708906 |
| Smurfit WestRock PLC *(b)* | 27817 | 1234518 |
| Trane Technologies PLC  | 8169 | 3578675 |
|  |  | **34796440** |
| **Isle Of Man 0.0%** | **Isle Of Man 0.0%** | **Isle Of Man 0.0%** |
| Entain PLC  | 125815 | **1689534** |
| **Israel 0.4%** | **Israel 0.4%** | **Israel 0.4%** |
| Bank Hapoalim BM  | 131851 | 2472611 |
| Bank Leumi Le-Israel BM  | 163601 | 3026418 |
| &nbsp;&nbsp;&nbsp;&nbsp; Check Point Software Technologies <br> Ltd. \*<br>| 5787 | 1077539 |
| ICL Group Ltd.  | 267554 | 1666837 |
| Israel Discount Bank Ltd., A Shares  | 139694 | 1335968 |
| Mizrahi Tefahot Bank Ltd.  | 8551 | 528228 |
| Oil Refineries Ltd.  | 1477864 | 386611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Teva Pharmaceutical Industries Ltd., <br> ADR \*<br>| 136792 | 2113437 |
| ZIM Integrated Shipping Services Ltd. *(a)* | 181226 | 2872432 |
|  |  | **15480081** |
| **Italy 2.5%** | **Italy 2.5%** | **Italy 2.5%** |
| A2A SpA  | 382547 | 932172 |
| Banco BPM SpA  | 140218 | 1788221 |
| BPER Banca SpA  | 129002 | 1269446 |
| Enel SpA  | 1880609 | 16583745 |
| Eni SpA  | 1010749 | 17250790 |
| Generali  | 166352 | 6205889 |
| Hera SpA  | 115806 | 495529 |
| Intesa Sanpaolo SpA  | 1863317 | 11226968 |
| Leonardo SpA  | 41284 | 2225337 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mediobanca Banca di Credito <br> Finanziario SpA *(a)*<br>| 53398 | 1175629 |
| Moncler SpA  | 14437 | 769962 |

---

**21**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Poste Italiane SpA  | 62126 | 1342227 |
| Prysmian SpA  | 26457 | 2112947 |
| Snam SpA  | 265290 | 1537425 |
| Telecom Italia SpA \* | 8908507 | 4093748 |
| Terna - Rete Elettrica Nazionale  | 132411 | 1281202 |
| UniCredit SpA  | 190332 | 14003442 |
| Unipol Assicurazioni SpA  | 67175 | 1347376 |
|  |  | **85642055** |
| **Japan 23.8%** | **Japan 23.8%** | **Japan 23.8%** |
| Advantest Corp.  | 24600 | 1635878 |
| Aeon Co. Ltd.  | 147100 | 4698790 |
| AGC, Inc.  | 107000 | 3220130 |
| Air Water, Inc.  | 88100 | 1301475 |
| Aisin Corp.  | 335400 | 4635231 |
| Ajinomoto Co., Inc.  | 113000 | 2989576 |
| Alfresa Holdings Corp.  | 133300 | 1934982 |
| Alps Alpine Co. Ltd.  | 112600 | 1192917 |
| Amada Co. Ltd.  | 82300 | 928009 |
| ANA Holdings, Inc.  | 65900 | 1221954 |
| Asahi Group Holdings Ltd.  | 339700 | 4309461 |
| Asahi Kasei Corp.  | 625600 | 4352771 |
| Astellas Pharma, Inc.  | 378600 | 3925560 |
| Bandai Namco Holdings, Inc.  | 76600 | 2477008 |
| Bridgestone Corp.  | 182476 | 7381185 |
| Brother Industries Ltd.  | 93500 | 1590981 |
| Canon, Inc.  | 186100 | 5285731 |
| Central Japan Railway Co.  | 164100 | 3825528 |
| Chubu Electric Power Co., Inc.  | 353185 | 4319716 |
| Chugai Pharmaceutical Co. Ltd.  | 34400 | 1649030 |
| Chugoku Electric Power Co., Inc.  | 131000 | 713269 |
| Coca-Cola Bottlers Japan Holdings, Inc.  | 57000 | 871550 |
| COMSYS Holdings Corp.  | 47400 | 1086638 |
| Cosmo Energy Holdings Co. Ltd.  | 36400 | 1615526 |
| Dai Nippon Printing Co. Ltd.  | 118100 | 1818676 |
| Daifuku Co. Ltd.  | 46570 | 1178975 |
| Dai-ichi Life Holdings, Inc.  | 539000 | 4264666 |
| Daiichi Sankyo Co. Ltd.  | 89860 | 2204438 |
| Daikin Industries Ltd.  | 50500 | 6209266 |
| Daito Trust Construction Co. Ltd.  | 17800 | 1822322 |
| Daiwa House Industry Co. Ltd.  | 191881 | 6343760 |
| Daiwa Securities Group, Inc.  | 144600 | 1006684 |
| Daiwabo Holdings Co. Ltd.  | 47470 | 872955 |
| Denka Co. Ltd.  | 29700 | 418780 |
| Denso Corp.  | 525900 | 7135105 |
| Dentsu Group, Inc.  | 47501 | 936748 |
| DIC Corp.  | 44100 | 870471 |
| Disco Corp.  | 3000 | 886579 |
| Dowa Holdings Co. Ltd.  | 33470 | 1093037 |
| East Japan Railway Co.  | 188754 | 4045784 |
| Ebara Corp.  | 68100 | 1243562 |
| Eisai Co. Ltd.  | 56700 | 1590172 |
| Electric Power Development Co. Ltd.  | 107900 | 1867276 |
| ENEOS Holdings, Inc.  | 2018650 | 10595152 |
| EXEO Group, Inc.  | 77402 | 1016682 |
| FANUC Corp.  | 102100 | 2842153 |
| Fast Retailing Co. Ltd.  | 8900 | 2714764 |
| Fuji Electric Co. Ltd.  | 28600 | 1421940 |
| Fuji Media Holdings, Inc.  | 34600 | 815644 |
| FUJIFILM Holdings Corp.  | 240400 | 4986431 |
| Fujikura Ltd.  | 27000 | 1832826 |
| Fujitsu Ltd.  | 308200 | 6713803 |
| Furukawa Electric Co. Ltd.  | 28800 | 1739569 |
| Hakuhodo DY Holdings, Inc.  | 47700 | 375372 |
| Hankyu Hanshin Holdings, Inc.  | 47000 | 1224897 |
| Hanwa Co. Ltd.  | 31200 | 1256874 |
| Haseko Corp.  | 93000 | 1383545 |
| Hino Motors Ltd. \* | 152165 | 369823 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Hitachi Construction Machinery Co. Ltd.  | 34250 | 991949 |
| Hitachi Ltd.  | 564200 | 17264883 |
| Honda Motor Co. Ltd.  | 2245600 | 23248479 |
| Hoya Corp.  | 19350 | 2441248 |
| Ibiden Co. Ltd.  | 11200 | 473660 |
| Idemitsu Kosan Co. Ltd.  | 641245 | 4122315 |
| IHI Corp.  | 21800 | 2427577 |
| Iida Group Holdings Co. Ltd.  | 89900 | 1260922 |
| Inpex Corp.  | 303500 | 4321461 |
| Isetan Mitsukoshi Holdings Ltd.  | 60000 | 847949 |
| Isuzu Motors Ltd.  | 222400 | 2850280 |
| ITOCHU Corp.  | 293400 | 15389592 |
| Iwatani Corp.  | 71904 | 756314 |
| Japan Airlines Co. Ltd.  | 80300 | 1594556 |
| Japan Post Bank Co. Ltd.  | 167000 | 1863936 |
| Japan Post Holdings Co. Ltd.  | 464400 | 4300654 |
| Japan Post Insurance Co. Ltd.  | 62100 | 1590046 |
| Japan Tobacco, Inc.  | 174900 | 4995077 |
| JFE Holdings, Inc.  | 445300 | 5153483 |
| JTEKT Corp.  | 194500 | 1680842 |
| Kajima Corp.  | 115300 | 2888340 |
| Kaneka Corp.  | 41100 | 1163405 |
| Kansai Electric Power Co., Inc.  | 266200 | 3196114 |
| Kansai Paint Co. Ltd.  | 23100 | 327094 |
| Kao Corp.  | 82947 | 3732320 |
| Kawasaki Heavy Industries Ltd.  | 32400 | 2366270 |
| Kawasaki Kisen Kaisha Ltd.  | 69000 | 974755 |
| KDDI Corp.  | 684100 | 11227177 |
| Kewpie Corp.  | 21600 | 590283 |
| Keyence Corp.  | 6392 | 2312186 |
| Kikkoman Corp.  | 83000 | 729152 |
| Kintetsu Group Holdings Co. Ltd.  | 41400 | 794486 |
| Kirin Holdings Co. Ltd.  | 224100 | 2953115 |
| Kobe Steel Ltd.  | 196200 | 2155669 |
| Koito Manufacturing Co. Ltd.  | 99500 | 1272290 |
| Komatsu Ltd.  | 217100 | 6994502 |
| Konica Minolta, Inc. \* | 364700 | 1185673 |
| K's Holdings Corp.  | 102200 | 1022337 |
| Kubota Corp.  | 308500 | 3459595 |
| Kuraray Co. Ltd.  | 116800 | 1444053 |
| Kyocera Corp.  | 364300 | 4300331 |
| Kyushu Electric Power Co., Inc.  | 194400 | 1723374 |
| Lixil Corp.  | 166500 | 1928922 |
| LY Corp.  | 350800 | 1282232 |
| Makita Corp.  | 47090 | 1457818 |
| Marubeni Corp.  | 472200 | 9667697 |
| MatsukiyoCocokara & Co.  | 77300 | 1587331 |
| Mazda Motor Corp.  | 608500 | 3648870 |
| Medipal Holdings Corp.  | 137872 | 2282826 |
| MEIJI Holdings Co. Ltd.  | 94100 | 1902794 |
| Minebea Mitsumi, Inc.  | 103500 | 1628921 |
| MISUMI Group, Inc.  | 59300 | 853922 |
| Mitsubishi Chemical Group Corp.  | 850700 | 4633569 |
| Mitsubishi Corp.  | 1027800 | 20271686 |
| Mitsubishi Electric Corp.  | 507800 | 11421558 |
| Mitsubishi Estate Co. Ltd.  | 180900 | 3386885 |
| Mitsubishi Gas Chemical Co., Inc.  | 71787 | 1240130 |
| Mitsubishi HC Capital, Inc.  | 110500 | 816775 |
| Mitsubishi Heavy Industries Ltd.  | 303000 | 7234548 |
| Mitsubishi Materials Corp.  | 101000 | 1542638 |
| Mitsubishi Motors Corp.  | 392000 | 1030050 |
| Mitsubishi UFJ Financial Group, Inc.  | 909934 | 12541410 |
| Mitsui & Co. Ltd.  | 667600 | 13590092 |
| Mitsui Chemicals, Inc.  | 88000 | 1964439 |
| Mitsui Fudosan Co. Ltd.  | 382900 | 3422475 |
| Mitsui Mining & Smelting Co. Ltd.  | 28200 | 1192738 |
| Mitsui OSK Lines Ltd.  | 78400 | 2635203 |
| Mizuho Financial Group, Inc.  | 272721 | 7999359 |
| MS&AD Insurance Group Holdings, Inc.  | 167370 | 3576038 |

---

**22**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Murata Manufacturing Co. Ltd.  | 334600 | 4980212 |
| Nagase & Co. Ltd.  | 45700 | 900640 |
| Nagoya Railroad Co. Ltd.  | 32000 | 348971 |
| NEC Corp.  | 219800 | 6311749 |
| NGK Insulators Ltd.  | 101600 | 1286280 |
| NH Foods Ltd.  | 53500 | 1797405 |
| NHK Spring Co. Ltd.  | 33200 | 373820 |
| Nichirei Corp.  | 66600 | 801535 |
| NIDEC Corp.  | 162700 | 3121607 |
| Nikon Corp.  | 96100 | 933294 |
| Nintendo Co. Ltd.  | 98900 | 8265951 |
| Nippon Express Holdings, Inc.  | 157600 | 3461990 |
| Nippon Paper Industries Co. Ltd.  | 155200 | 1141848 |
| Nippon Sanso Holdings Corp.  | 12800 | 453037 |
| Nippon Steel Corp.  | 422700 | 8140362 |
| Nippon Yusen KK  | 140400 | 4923796 |
| Nissan Motor Co. Ltd. \**(a)* | 2659800 | 5639572 |
| Nisshin Seifun Group, Inc.  | 88330 | 1023905 |
| Nissin Foods Holdings Co. Ltd.  | 31900 | 605083 |
| Nissui Corp.  | 138657 | 809516 |
| Niterra Co. Ltd.  | 41800 | 1441000 |
| Nitori Holdings Co. Ltd.  | 12600 | 1067053 |
| Nitto Denko Corp.  | 145500 | 3010962 |
| Nomura Holdings, Inc.  | 326200 | 2154974 |
| Nomura Research Institute Ltd.  | 34400 | 1361222 |
| NSK Ltd.  | 292900 | 1401686 |
| NTT Data Group Corp.  | 89500 | 2333978 |
| NTT, Inc.  | 10148325 | 10248402 |
| Obayashi Corp.  | 168602 | 2482708 |
| Oji Holdings Corp.  | 503800 | 2455449 |
| Olympus Corp.  | 117900 | 1408557 |
| Omron Corp.  | 50583 | 1303764 |
| Ono Pharmaceutical Co. Ltd.  | 102900 | 1150707 |
| ORIX Corp.  | 166600 | 3742343 |
| Osaka Gas Co. Ltd.  | 128400 | 3248691 |
| Otsuka Corp.  | 42300 | 801465 |
| Otsuka Holdings Co. Ltd.  | 63400 | 3018455 |
| Pan Pacific International Holdings Corp.  | 40900 | 1368360 |
| Panasonic Holdings Corp.  | 1051250 | 9944108 |
| Persol Holdings Co. Ltd.  | 613700 | 1173056 |
| Recruit Holdings Co. Ltd.  | 89800 | 5327934 |
| Renesas Electronics Corp.  | 167000 | 2031230 |
| Rengo Co. Ltd.  | 139417 | 808614 |
| Resona Holdings, Inc.  | 242458 | 2207338 |
| Resonac Holdings Corp.  | 70200 | 1688179 |
| Ricoh Co. Ltd.  | 265800 | 2330664 |
| Rohm Co. Ltd.  | 111400 | 1401843 |
| Ryohin Keikaku Co. Ltd.  | 37800 | 1769712 |
| Sankyu, Inc.  | 22600 | 1330404 |
| Sanwa Holdings Corp.  | 30430 | 830186 |
| SBI Holdings, Inc.  | 28900 | 1073573 |
| Secom Co. Ltd.  | 69800 | 2506742 |
| Seiko Epson Corp.  | 103000 | 1306895 |
| Seino Holdings Co. Ltd.  | 24500 | 372640 |
| Sekisui Chemical Co. Ltd.  | 125600 | 2178547 |
| Sekisui House Ltd.  | 187583 | 3934895 |
| Seven & i Holdings Co. Ltd.  | 607900 | 8014063 |
| SG Holdings Co. Ltd.  | 165100 | 1831687 |
| Sharp Corp. \* | 64600 | 305401 |
| Shimadzu Corp.  | 36400 | 805775 |
| Shimamura Co. Ltd.  | 16000 | 1158505 |
| Shimano, Inc.  | 10500 | 1148657 |
| Shimizu Corp.  | 185100 | 2050530 |
| Shin-Etsu Chemical Co. Ltd.  | 243700 | 7012931 |
| Shionogi & Co. Ltd.  | 113500 | 1898210 |
| Shiseido Co. Ltd.  | 102600 | 1667817 |
| SMC Corp.  | 6800 | 2366219 |
| SoftBank Corp.  | 5888300 | 8507627 |
| SoftBank Group Corp.  | 177600 | 13561347 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Sojitz Corp.  | 90960 | 2164836 |
| Sompo Holdings, Inc.  | 127900 | 3771391 |
| Sony Group Corp.  | 671635 | 16155038 |
| Stanley Electric Co. Ltd.  | 48475 | 914214 |
| Subaru Corp.  | 286000 | 5261202 |
| SUMCO Corp.  | 140900 | 1101951 |
| Sumitomo Chemical Co. Ltd.  | 1113400 | 2784713 |
| Sumitomo Corp.  | 320600 | 8194457 |
| Sumitomo Electric Industries Ltd.  | 309800 | 7687590 |
| Sumitomo Forestry Co. Ltd.  | 143400 | 1440545 |
| Sumitomo Heavy Industries Ltd.  | 67600 | 1497106 |
| Sumitomo Metal Mining Co. Ltd.  | 96000 | 2111548 |
| Sumitomo Mitsui Financial Group, Inc.  | 396630 | 10005628 |
| Sumitomo Mitsui Trust Group, Inc.  | 75400 | 1976593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sumitomo Realty & Development Co. <br> Ltd. <br>| 44800 | 1636507 |
| Sumitomo Rubber Industries Ltd.  | 103100 | 1178378 |
| Suntory Beverage & Food Ltd.  | 33900 | 1023635 |
| Suzuken Co. Ltd.  | 41530 | 1569717 |
| Suzuki Motor Corp.  | 487900 | 5360837 |
| Sysmex Corp.  | 45900 | 745685 |
| T&D Holdings, Inc.  | 55750 | 1361344 |
| Taiheiyo Cement Corp.  | 51542 | 1259524 |
| Taisei Corp.  | 43300 | 2589075 |
| Taiyo Yuden Co. Ltd.  | 47000 | 878109 |
| Takeda Pharmaceutical Co. Ltd.  | 356921 | 9804542 |
| TDK Corp.  | 285900 | 3483100 |
| Teijin Ltd.  | 140200 | 1191659 |
| Terumo Corp.  | 109000 | 1848342 |
| TIS, Inc.  | 37200 | 1186751 |
| Tobu Railway Co. Ltd.  | 50300 | 856197 |
| Toho Gas Co. Ltd.  | 33800 | 943837 |
| Tohoku Electric Power Co., Inc.  | 258500 | 1813557 |
| Tokio Marine Holdings, Inc.  | 163900 | 6581059 |
| Tokyo Electric Power Co. Holdings, Inc. \* | 1387700 | 5254585 |
| Tokyo Electron Ltd.  | 36900 | 5866313 |
| Tokyo Gas Co. Ltd.  | 136300 | 4564496 |
| Tokyu Corp.  | 101800 | 1145934 |
| Tokyu Fudosan Holdings Corp.  | 160500 | 1131790 |
| TOPPAN Holdings, Inc.  | 72400 | 1951051 |
| Toray Industries, Inc.  | 572700 | 3917185 |
| Tosoh Corp.  | 142700 | 2148267 |
| TOTO Ltd.  | 44000 | 1120073 |
| Toyo Seikan Group Holdings Ltd.  | 66400 | 1375197 |
| Toyo Suisan Kaisha Ltd.  | 13647 | 871888 |
| Toyota Boshoku Corp.  | 29500 | 419210 |
| Toyota Industries Corp.  | 31300 | 3346990 |
| Toyota Motor Corp.  | 2184190 | 38851502 |
| Toyota Tsusho Corp.  | 274400 | 6288791 |
| Tsuruha Holdings, Inc.  | 16000 | 1177673 |
| UBE Corp.  | 64500 | 987356 |
| Unicharm Corp.  | 127000 | 878478 |
| West Japan Railway Co.  | 93926 | 2056437 |
| Yakult Honsha Co. Ltd.  | 42900 | 690155 |
| Yamada Holdings Co. Ltd.  | 446400 | 1360503 |
| Yamaha Corp.  | 141500 | 1019806 |
| Yamaha Motor Co. Ltd.  | 343400 | 2483751 |
| Yamato Holdings Co. Ltd.  | 178900 | 2586748 |
| Yamazaki Baking Co. Ltd.  | 46000 | 982667 |
| Yaskawa Electric Corp.  | 35100 | 734144 |
| Yokogawa Electric Corp.  | 39400 | 1050171 |
| Yokohama Rubber Co. Ltd.  | 51500 | 1472483 |
|  |  | **829368286** |
| **Jersey 1.0%** | **Jersey 1.0%** | **Jersey 1.0%** |
| Aptiv PLC \* | 50722 | 3481558 |
| Experian PLC  | 45887 | 2417819 |
| Glencore PLC \* | 6721278 | 26974649 |

---

**23**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| International Workplace Group PLC  | 158339 | 461989 |
| Man Group PLC  | 143752 | 312192 |
| WPP PLC  | 265051 | 1435089 |
|  |  | **35083296** |
| **Luxembourg 0.5%** | **Luxembourg 0.5%** | **Luxembourg 0.5%** |
| Aperam SA  | 27291 | 802738 |
| ArcelorMittal SA  | 338360 | 10548769 |
| B&M European Value Retail SA  | 266311 | 787181 |
| Eurofins Scientific SE  | 20020 | 1533199 |
| Millicom International Cellular SA  | 36056 | 1447648 |
| SES SA, Class A  | 257616 | 1771547 |
| Subsea 7 SA  | 26326 | 510171 |
| Tenaris SA  | 71493 | 1248637 |
|  |  | **18649890** |
| **Mauritius 0.0%** | **Mauritius 0.0%** | **Mauritius 0.0%** |
| Golden Agri-Resources Ltd.  | 5440300 | **1064960** |
| **Netherlands 3.0%** | **Netherlands 3.0%** | **Netherlands 3.0%** |
| Aalberts NV  | 23085 | 737849 |
| ABN AMRO Bank NV, GDR  | 185190 | 5353553 |
| Aegon Ltd.  | 171827 | 1227966 |
| AerCap Holdings NV  | 19396 | 2080221 |
| Airbus SE  | 33045 | 6643865 |
| Akzo Nobel NV  | 70675 | 4438488 |
| ASM International NV  | 749 | 362559 |
| ASML Holding NV  | 11904 | 8250340 |
| ASR Nederland NV  | 23575 | 1565944 |
| Ferrari NV  | 2354 | 1032246 |
| Ferrovial SE  | 10594 | 543079 |
| Heineken Holding NV  | 30130 | 2033506 |
| Heineken NV  | 40238 | 3158347 |
| IMCD NV  | 2649 | 290359 |
| ING Groep NV, Series N  | 513863 | 11975797 |
| Iveco Group NV  | 65518 | 1354246 |
| Koninklijke Ahold Delhaize NV  | 364489 | 14396003 |
| Koninklijke KPN NV  | 650659 | 2906818 |
| Koninklijke Philips NV  | 144991 | 3786488 |
| NN Group NV  | 60015 | 4041146 |
| NXP Semiconductors NV  | 17420 | 3723873 |
| Prosus NV \* | 31138 | 1778781 |
| Randstad NV  | 57023 | 2710271 |
| SBM Offshore NV  | 19572 | 510423 |
| Signify NV  | 61470 | 1470521 |
| Stellantis NV  | 1472530 | 12995229 |
| STMicroelectronics NV  | 122619 | 3120533 |
| Universal Music Group NV  | 30542 | 878598 |
| Wolters Kluwer NV  | 10708 | 1667866 |
|  |  | **105034915** |
| **New Zealand 0.1%** | **New Zealand 0.1%** | **New Zealand 0.1%** |
| Fletcher Building Ltd. \* | 536570 | 957195 |
| Spark New Zealand Ltd.  | 547512 | 783770 |
|  |  | **1740965** |
| **Norway 0.8%** | **Norway 0.8%** | **Norway 0.8%** |
| Aker BP ASA  | 98875 | 2378598 |
| DNB Bank ASA  | 118514 | 2998372 |
| Equinor ASA  | 422554 | 10854385 |
| Mowi ASA  | 73865 | 1375919 |
| Norsk Hydro ASA  | 471699 | 2795756 |
| Orkla ASA  | 113978 | 1198596 |
| Telenor ASA  | 173992 | 2669193 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Var Energi ASA  | 132917 | 455288 |
| Yara International ASA  | 95245 | 3520935 |
|  |  | **28247042** |
| **Poland 0.4%** | **Poland 0.4%** | **Poland 0.4%** |
| Bank Polska Kasa Opieki SA  | 21603 | 1173115 |
| KGHM Polska Miedz SA \* | 39153 | 1323733 |
| ORLEN SA  | 290716 | 6473806 |
| PGE Polska Grupa Energetyczna SA \* | 693605 | 2233235 |
| &nbsp;&nbsp;&nbsp;&nbsp; Powszechna Kasa Oszczednosci Bank <br> Polski SA <br>| 57959 | 1269099 |
| Powszechny Zaklad Ubezpieczen SA  | 125991 | 2111732 |
| Tauron Polska Energia SA \* | 284824 | 631820 |
|  |  | **15216540** |
| **Portugal 0.2%** | **Portugal 0.2%** | **Portugal 0.2%** |
| EDP SA  | 800350 | 3459401 |
| Galp Energia SGPS SA  | 117384 | 2241475 |
| Jeronimo Martins SGPS SA  | 56733 | 1383018 |
|  |  | **7083894** |
| **Republic of Korea 6.5%** | **Republic of Korea 6.5%** | **Republic of Korea 6.5%** |
| BNK Financial Group, Inc.  | 124203 | 1300775 |
| CJ CheilJedang Corp.  | 5669 | 1020790 |
| CJ Corp.  | 18494 | 2055817 |
| DB Insurance Co. Ltd.  | 12276 | 1128342 |
| DL E&C Co. Ltd.  | 19408 | 655350 |
| Doosan Enerbility Co. Ltd. \* | 57020 | 2671308 |
| E-MART, Inc.  | 28293 | 1814155 |
| GS Engineering & Construction Corp.  | 34082 | 472689 |
| GS Holdings Corp.  | 89160 | 3154795 |
| Hana Financial Group, Inc.  | 70033 | 4281753 |
| Hankook Tire & Technology Co. Ltd.  | 35520 | 1132989 |
| Hanwha Corp.  | 27340 | 1952649 |
| Hanwha Solutions Corp.  | 45120 | 987772 |
| HD Hyundai Co. Ltd.  | 19002 | 1944351 |
| HMM Co. Ltd.  | 168596 | 2834564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hyundai Engineering & Construction Co. <br> Ltd. <br>| 48141 | 2329821 |
| Hyundai Glovis Co. Ltd.  | 15079 | 1592841 |
| Hyundai Mobis Co. Ltd.  | 26976 | 5692465 |
| Hyundai Motor Co.  | 46816 | 7121991 |
| Hyundai Steel Co.  | 122512 | 3118148 |
| Industrial Bank of Korea  | 44268 | 617603 |
| KB Financial Group, Inc.  | 64574 | 5130285 |
| Kia Corp.  | 96550 | 7064637 |
| Korea Electric Power Corp.  | 141801 | 3916806 |
| Korea Gas Corp.  | 38658 | 1190616 |
| Korea Zinc Co. Ltd.  | 1937 | 1110448 |
| Korean Air Lines Co. Ltd.  | 87729 | 1485285 |
| KT Corp.  | 34209 | 1357409 |
| KT&G Corp.  | 19122 | 1792187 |
| Kumho Petrochemical Co. Ltd.  | 9823 | 859867 |
| LG Chem Ltd.  | 21939 | 4716991 |
| LG Corp.  | 19950 | 1132656 |
| LG Display Co. Ltd. \* | 288839 | 2236370 |
| LG Electronics, Inc.  | 86808 | 4804759 |
| LG H&H Co. Ltd.  | 4583 | 1038857 |
| LG Innotek Co. Ltd.  | 8638 | 963789 |
| LG Uplus Corp.  | 216736 | 2281492 |
| Lotte Chemical Corp.  | 24481 | 1165586 |
| NAVER Corp.  | 10856 | 1827012 |
| POSCO Holdings, Inc.  | 51912 | 11415929 |
| Posco International Corp.  | 17374 | 607450 |
| Samsung C&T Corp.  | 21018 | 2535713 |
| Samsung Electro-Mechanics Co. Ltd.  | 16044 | 1704631 |

---

**24**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Samsung Electronics Co. Ltd.  | 1535747 | 78267715 |
| &nbsp;&nbsp;&nbsp;&nbsp; Samsung Fire & Marine Insurance Co. <br> Ltd. <br>| 5345 | 1687359 |
| Samsung Life Insurance Co. Ltd.  | 7877 | 711013 |
| Samsung SDI Co. Ltd.  | 11981 | 1719227 |
| Samsung SDS Co. Ltd.  | 11729 | 1343767 |
| Shinhan Financial Group Co. Ltd.  | 116741 | 5684574 |
| SK Hynix, Inc.  | 69542 | 13478339 |
| SK Innovation Co. Ltd.  | 30901 | 2390852 |
| SK Telecom Co. Ltd.  | 55564 | 2244312 |
| SK, Inc.  | 39404 | 5718780 |
| S-Oil Corp.  | 26549 | 1197546 |
| Woori Financial Group, Inc.  | 196206 | 3481318 |
|  |  | **226144545** |
| **Singapore 0.7%** | **Singapore 0.7%** | **Singapore 0.7%** |
| ComfortDelGro Corp. Ltd.  | 374300 | 440037 |
| DBS Group Holdings Ltd.  | 160408 | 5887690 |
| Keppel Ltd.  | 76700 | 498307 |
| Olam Group Ltd.  | 1110200 | 889254 |
| Oversea-Chinese Banking Corp. Ltd.  | 357944 | 4638653 |
| Singapore Airlines Ltd.  | 274470 | 1433602 |
| Singapore Telecommunications Ltd.  | 929486 | 2770005 |
| United Overseas Bank Ltd.  | 146652 | 4074394 |
| Venture Corp. Ltd.  | 40200 | 398753 |
| Wilmar International Ltd.  | 987166 | 2234309 |
|  |  | **23265004** |
| **South Africa 0.1%** | **South Africa 0.1%** | **South Africa 0.1%** |
| Valterra Platinum Ltd.  | 42966 | **1917915** |
| **Spain 3.2%** | **Spain 3.2%** | **Spain 3.2%** |
| Acciona SA  | 3062 | 587276 |
| Acerinox SA  | 75901 | 875859 |
| &nbsp;&nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y <br> Servicios SA <br>| 45213 | 3120364 |
| Aena SME SA  | 44200 | 1190222 |
| Amadeus IT Group SA  | 21039 | 1689300 |
| Banco Bilbao Vizcaya Argentaria SA  | 1031407 | 17202070 |
| Banco de Sabadell SA  | 737918 | 2723582 |
| Banco Santander SA  | 3851150 | 33084390 |
| CaixaBank SA  | 252596 | 2376500 |
| Cellnex Telecom SA \* | 11509 | 406147 |
| Enagas SA  | 25948 | 388636 |
| Endesa SA  | 74234 | 2147546 |
| Grifols SA \* | 74936 | 1116556 |
| Iberdrola SA  | 822954 | 14464501 |
| Industria de Diseno Textil SA  | 80547 | 3847491 |
| &nbsp;&nbsp;&nbsp;&nbsp; International Consolidated Airlines <br> Group SA <br>| 415221 | 2074689 |
| Mapfre SA  | 130241 | 530416 |
| Naturgy Energy Group SA  | 14367 | 450551 |
| Redeia Corp. SA  | 63289 | 1226919 |
| Repsol SA  | 728148 | 11039999 |
| Telefonica SA  | 2256276 | 11644173 |
|  |  | **112187187** |
| **Sweden 1.7%** | **Sweden 1.7%** | **Sweden 1.7%** |
| Alfa Laval AB  | 22329 | 970142 |
| Assa Abloy AB, B Shares  | 87885 | 2908135 |
| Atlas Copco AB, A Shares  | 155262 | 2364389 |
| Atlas Copco AB, B Shares  | 88409 | 1196452 |
| Boliden AB \* | 75530 | 2311915 |
| Electrolux AB, B Shares \* | 134915 | 821713 |
| Epiroc AB, A Shares  | 48051 | 977989 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Epiroc AB, B Shares  | 25839 | 463190 |
| Essity AB, B Shares  | 101133 | 2493688 |
| &nbsp;&nbsp;&nbsp;&nbsp; H & M Hennes & Mauritz AB, <br> B Shares *(a)*<br>| 133220 | 1794692 |
| Hexagon AB, B Shares  | 147189 | 1617324 |
| Husqvarna AB, B Shares  | 144657 | 783477 |
| Sandvik AB  | 134594 | 3284048 |
| Securitas AB, B Shares  | 107025 | 1588394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB, <br> A Shares <br>| 170517 | 2982773 |
| Skanska AB, B Shares  | 94253 | 2198592 |
| SKF AB, B Shares  | 96537 | 2248582 |
| SSAB AB, A Shares  | 116134 | 669704 |
| SSAB AB, B Shares  | 308565 | 1743908 |
| Svenska Cellulosa AB SCA, B Shares  | 39509 | 495488 |
| Svenska Handelsbanken AB, A Shares  | 187492 | 2284473 |
| &nbsp;&nbsp;&nbsp;&nbsp; Svenska Handelsbanken AB, <br> B Shares *(a)*<br>| 1401 | 27376 |
| Swedbank AB, A Shares  | 137106 | 3650862 |
| Tele2 AB, B Shares  | 113235 | 1750059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson, <br> B Shares <br>| 593897 | 4313819 |
| Telia Co. AB  | 622151 | 2197257 |
| Trelleborg AB, B Shares  | 25501 | 926573 |
| Volvo AB, A Shares  | 30974 | 888025 |
| Volvo AB, B Shares  | 269117 | 7728983 |
| Volvo Car AB, B Shares \**(a)* | 424058 | 810975 |
|  |  | **58492997** |
| **Switzerland 4.6%** | **Switzerland 4.6%** | **Switzerland 4.6%** |
| ABB Ltd.  | 104034 | 6793221 |
| Adecco Group AG  | 104817 | 3300492 |
| Alcon AG  | 26520 | 2324954 |
| Amrize Ltd. \* | 74035 | 3742539 |
| Baloise Holding AG  | 2493 | 597485 |
| Barry Callebaut AG  | 714 | 869508 |
| Bucher Industries AG  | 868 | 409912 |
| Chocoladefabriken Lindt & Spruengli AG  | 6 | 877333 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG, <br> Participation Certificates <br>| 55 | 809081 |
| Cie Financiere Richemont SA, Class A  | 31774 | 5187937 |
| Coca-Cola HBC AG \* | 25153 | 1307256 |
| DSM-Firmenich AG  | 10733 | 1031221 |
| Garmin Ltd.  | 8780 | 1920713 |
| Geberit AG  | 2363 | 1810290 |
| Givaudan SA  | 371 | 1550909 |
| Holcim AG \* | 74973 | 5979091 |
| Julius Baer Group Ltd.  | 21425 | 1449707 |
| Kuehne & Nagel International AG  | 8752 | 1784348 |
| Logitech International SA  | 15934 | 1477510 |
| Lonza Group AG  | 3432 | 2391997 |
| Nestle SA  | 276169 | 24130836 |
| Novartis AG  | 179233 | 20412317 |
| Partners Group Holding AG  | 835 | 1122488 |
| Roche Holding AG  | 86941 | 27131941 |
| Roche Holding AG, Bearer Shares  | 3627 | 1205379 |
| Sandoz Group AG  | 49246 | 2816324 |
| Schindler Holding AG  | 1535 | 538369 |
| &nbsp;&nbsp;&nbsp;&nbsp; Schindler Holding AG, Participation <br> Certificates <br>| 3208 | 1160128 |
| SGS SA  | 11725 | 1191417 |
| Sika AG  | 9225 | 2176911 |
| Sonova Holding AG  | 2732 | 743672 |
| Sunrise Communications AG, Class A  | 9022 | 480674 |
| Swatch Group AG  | 14719 | 536115 |
| Swatch Group AG, Bearer Shares  | 8048 | 1423347 |
| Swiss Life Holding AG  | 2881 | 2984133 |

---

**25**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Swiss Re AG  | 24452 | 4376941 |
| Swisscom AG  | 4393 | 3052407 |
| Transocean Ltd. \* | 137729 | 402169 |
| UBS Group AG  | 258054 | 9590321 |
| Zurich Insurance Group AG  | 15423 | 10520124 |
|  |  | **161611517** |
| **United Kingdom 13.9%** | **United Kingdom 13.9%** | **United Kingdom 13.9%** |
| 3i Group PLC  | 41335 | 2258632 |
| Aberdeen Group PLC  | 649664 | 1714291 |
| Admiral Group PLC  | 24388 | 1099325 |
| Anglo American PLC  | 372795 | 10489740 |
| Anglogold Ashanti PLC  | 41550 | 1921688 |
| Antofagasta PLC  | 47305 | 1166617 |
| ARM Holdings PLC, ADR \* | 5947 | 840757 |
| Ashtead Group PLC  | 50611 | 3381387 |
| Associated British Foods PLC  | 75092 | 2174325 |
| AstraZeneca PLC  | 85332 | 12449225 |
| Aviva PLC  | 544457 | 4651843 |
| BAE Systems PLC  | 310566 | 7410296 |
| Balfour Beatty PLC  | 147145 | 1051571 |
| Barclays PLC  | 2944131 | 14390966 |
| Barratt Redrow PLC  | 366599 | 1805298 |
| Bellway PLC  | 36938 | 1208906 |
| Berkeley Group Holdings PLC  | 19896 | 956834 |
| BP PLC  | 6514633 | 34920256 |
| British American Tobacco PLC  | 524192 | 28084806 |
| BT Group PLC  | 3396257 | 9275302 |
| Bunzl PLC  | 50333 | 1493756 |
| Burberry Group PLC \* | 137565 | 2333499 |
| Centrica PLC  | 1315269 | 2859069 |
| CK Hutchison Holdings Ltd.  | 1480588 | 9637149 |
| Coca-Cola Europacific Partners PLC  | 16331 | 1582801 |
| Compass Group PLC  | 139611 | 4905855 |
| Croda International PLC  | 20737 | 713719 |
| Currys PLC \* | 1046786 | 1560772 |
| Diageo PLC  | 227225 | 5507376 |
| Dowlais Group PLC  | 1271818 | 1175103 |
| Drax Group PLC  | 68439 | 639189 |
| Firstgroup PLC  | 427282 | 1266267 |
| GSK PLC  | 616397 | 11338002 |
| Haleon PLC  | 897859 | 4211559 |
| Harbour Energy PLC  | 96272 | 253189 |
| Hays PLC  | 1098180 | 923127 |
| HSBC Holdings PLC  | 2547766 | 31039359 |
| Imperial Brands PLC  | 187001 | 7289183 |
| Inchcape PLC  | 110563 | 1023245 |
| Informa PLC  | 90232 | 1031806 |
| Intertek Group PLC  | 17543 | 1140646 |
| Investec PLC  | 62701 | 464956 |
| ITV PLC  | 1076780 | 1167973 |
| J Sainsbury PLC  | 1260563 | 5040477 |
| JD Sports Fashion PLC  | 402213 | 451479 |
| John Wood Group PLC \**(c)* | 672569 | 163789 |
| Johnson Matthey PLC  | 127899 | 2980149 |
| Kingfisher PLC  | 985691 | 3504923 |
| Legal & General Group PLC  | 1046824 | 3541474 |
| Lloyds Banking Group PLC  | 11599863 | 11895052 |
| London Stock Exchange Group PLC  | 16221 | 1977258 |
| M&G PLC  | 996436 | 3429628 |
| Marks & Spencer Group PLC  | 435248 | 1998915 |
| Melrose Industries PLC  | 205779 | 1389344 |
| Mondi PLC  | 134821 | 1822542 |
| National Grid PLC  | 609155 | 8559888 |
| NatWest Group PLC  | 1114306 | 7735040 |
| Next PLC  | 11812 | 1917335 |
| Pearson PLC  | 95977 | 1357206 |
| Persimmon PLC  | 133197 | 2008443 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Phoenix Group Holdings PLC  | 113104 | 989102 |
| Prudential PLC  | 342080 | 4339687 |
| Reckitt Benckiser Group PLC  | 82266 | 6165488 |
| RELX PLC  | 80121 | 4163173 |
| Rentokil Initial PLC  | 195786 | 976668 |
| Rio Tinto PLC  | 329938 | 19650904 |
| Rolls-Royce Holdings PLC  | 58812 | 834717 |
| RS Group PLC  | 50911 | 374652 |
| Sage Group PLC  | 65484 | 1051453 |
| Serco Group PLC  | 191912 | 528806 |
| Severn Trent PLC  | 32123 | 1126467 |
| Shell PLC  | 2256369 | 81078339 |
| Smith & Nephew PLC  | 132817 | 2029835 |
| Smiths Group PLC  | 48624 | 1506185 |
| SSE PLC  | 168497 | 4130237 |
| St. James's Place PLC  | 30587 | 526429 |
| Standard Chartered PLC  | 405838 | 7275441 |
| Taylor Wimpey PLC  | 1071290 | 1441404 |
| Tesco PLC  | 2272998 | 12770659 |
| Travis Perkins PLC  | 130617 | 935807 |
| Unilever PLC  | 271028 | 15725166 |
| United Utilities Group PLC  | 92093 | 1374751 |
| Vodafone Group PLC  | 19324053 | 20951075 |
| Whitbread PLC  | 17571 | 705841 |
|  |  | **485234893** |
| **United States 0.3%** | **United States 0.3%** | **United States 0.3%** |
| Autoliv, Inc.  | 14206 | 1584680 |
| Coronado Global Resources, Inc., CDI  | 2524060 | 312422 |
| Ferguson Enterprises, Inc.  | 26652 | 5934761 |
| Lululemon Athletica, Inc. \* | 6591 | 1321693 |
|  |  | **9153556** |
| **Total Common Stocks**<br> **(Cost $2,506,867,045)** | **Total Common Stocks**<br> **(Cost $2,506,867,045)** | **3428041567** |
| **PREFERRED STOCKS** 1.3% OF NET ASSETS | **PREFERRED STOCKS** 1.3% OF NET ASSETS | **PREFERRED STOCKS** 1.3% OF NET ASSETS |
| **Germany 0.8%** | **Germany 0.8%** | **Germany 0.8%** |
| Bayerische Motoren Werke AG  | 30247 | 2644356 |
| Dr. Ing hc F Porsche AG  | 14073 | 713592 |
| FUCHS SE  | 12396 | 567244 |
| Henkel AG & Co. KGaA  | 20711 | 1595971 |
| Porsche Automobil Holding SE  | 20906 | 839043 |
| Volkswagen AG  | 204900 | 21425513 |
|  |  | **27785719** |
| **Italy 0.1%** | **Italy 0.1%** | **Italy 0.1%** |
| Telecom Italia SpA \* | 5274582 | **2716286** |
| **Republic of Korea 0.4%** | **Republic of Korea 0.4%** | **Republic of Korea 0.4%** |
| Hanwha Corp.  | 18960 | 567501 |
| Hyundai Motor Co.  | 8695 | 1006633 |
| Hyundai Motor Co. 2nd  | 13639 | 1614126 |
| LG Chem Ltd.  | 4193 | 455295 |
| Samsung Electronics Co. Ltd.  | 257412 | 10598797 |
| &nbsp;&nbsp;&nbsp;&nbsp; Samsung Fire & Marine Insurance Co. <br> Ltd. <br>| 719 | 171554 |
|  |  | **14413906** |
| **Spain 0.0%** | **Spain 0.0%** | **Spain 0.0%** |
| Grifols SA, B Shares \* | 51821 | **555059** |
| **Total Preferred Stocks**<br> **(Cost $43,498,668)** | **Total Preferred Stocks**<br> **(Cost $43,498,668)** | **45470970** |

---

**26**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **WARRANTS** 0.0% OF NET ASSETS | **WARRANTS** 0.0% OF NET ASSETS | **WARRANTS** 0.0% OF NET ASSETS |
| **Canada 0.0%** | **Canada 0.0%** | **Canada 0.0%** |
| Constellation Software, Inc. | Constellation Software, Inc. | Constellation Software, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; expires 03/31/40 \**(c)* | 290 | **1452** |
| **Total Warrants**<br> **(Cost $0)** | **Total Warrants**<br> **(Cost $0)** | **1452** |

---

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

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS** 0.3% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.3% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.3% OF NET ASSETS |
| **Money Market Funds 0.3%** | **Money Market Funds 0.3%** | **Money Market Funds 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.25% *(d)(e)*<br>| 11539807 | **11539807** |
| **Total Short-Term Investments**<br> **(Cost $11,539,807)** | **Total Short-Term Investments**<br> **(Cost $11,539,807)** | **11539807** |
| **Total Investments in Securities**<br> **(Cost $2,561,905,520)** | **Total Investments in Securities**<br> **(Cost $2,561,905,520)** | **3485053796** |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | NUMBER OF<br> CONTRACTS<br>| NOTIONAL<br> AMOUNT<br> ($)<br>| CURRENT VALUE/<br> UNREALIZED<br> DEPRECIATION<br> ($)<br>|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Long** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; MSCI EAFE Index, expires <br> 09/19/25<br>| 143 | 18685810 | **(322562)**<br>|

---

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

\* Non-income producing security.

*(a)* All or a portion of this security is on loan. Securities on loan were valued at $10,524,371. 

*(b)* Security is traded on separate exchanges for the same issuer.

*(c)* Fair valued using significant unobservable inputs (see notes to portfolio holdings for additional information). 

*(d)* The rate shown is the annualized 7-day yield.

*(e)* Security purchased with cash collateral received for securities on loan.

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

---

| | |
|:---|:---|
| ADR — | American Depositary Receipt |
| CDI — | CHESS Depositary Interest |
| GDR — | Global Depositary Receipt |
| REIT — | Real Estate Investment Trust |

---

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

------

The following is a summary of the inputs used to value the fund's investments as of July 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Common Stocks<sup>1</sup> <br>| $— | &nbsp;&nbsp;&nbsp; $1850841571 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $1850841571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | 285510603 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 285510603 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | 1024484 | &nbsp;&nbsp;&nbsp; 3211085 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4235569 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | 5037450 | &nbsp;&nbsp;&nbsp; 278260715 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 283298165 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 22562533 | &nbsp;&nbsp;&nbsp; 12233907 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 34796440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 6063408 | &nbsp;&nbsp;&nbsp; 9416673 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 15480081 |
| &nbsp;&nbsp;&nbsp;&nbsp; Jersey | 3481558 | &nbsp;&nbsp;&nbsp; 31601738 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 35083296 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | 1447648 | &nbsp;&nbsp;&nbsp; 17202242 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 18649890 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 5804094 | &nbsp;&nbsp;&nbsp; 99230821 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 105034915 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand | 783770 | &nbsp;&nbsp;&nbsp; 957195 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1740965 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore | 889254 | &nbsp;&nbsp;&nbsp; 22375750 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 23265004 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa | 1917915 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1917915 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | 2598097 | &nbsp;&nbsp;&nbsp; 109589090 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 112187187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 6065421 | &nbsp;&nbsp;&nbsp; 155546096 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 161611517 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 7637241 | &nbsp;&nbsp;&nbsp; 477433863 | &nbsp;&nbsp;&nbsp; 163789 | &nbsp;&nbsp;&nbsp; 485234893 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | 2906373 | &nbsp;&nbsp;&nbsp; 6247183 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 9153556 |
| Preferred Stocks<sup>1</sup> <br>|  | &nbsp;&nbsp;&nbsp; 45470970 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 45470970 |
| Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada |  | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1452 | &nbsp;&nbsp;&nbsp; 1452 |
| Short-Term Investments<sup>1</sup> <br>| 11539807 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 11539807 |

---

**27**

------

Schwab Fundamental International Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Liabilities** |  |  |  |  |
| Futures Contracts<sup>2</sup> <br>| ($322562)<br>| &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; ($322562)<br>|
| **Total** | **$364947094** | &nbsp;&nbsp; **$3119618899** | &nbsp;&nbsp; **$165241** | &nbsp;&nbsp; **$3484731234** |

---

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

<sup>1</sup> As categorized in the Portfolio Holdings. <br> <sup>2</sup> Futures contracts are reported at cumulative unrealized appreciation or depreciation.

**28**

------

Schwab Capital Trust

Schwab Fundamental International Small Equity Index Fund

------

**Portfolio Holdings** as of July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **COMMON STOCKS** 98.9% OF NET ASSETS | **COMMON STOCKS** 98.9% OF NET ASSETS | **COMMON STOCKS** 98.9% OF NET ASSETS |
| **Australia 4.6%** | **Australia 4.6%** | **Australia 4.6%** |
| Accent Group Ltd.  | 60300 | 57440 |
| ALS Ltd.  | 43484 | 505522 |
| Amotiv Ltd.  | 22321 | 125629 |
| AMP Ltd.  | 464637 | 475377 |
| Ansell Ltd.  | 30824 | 590115 |
| ARB Corp. Ltd.  | 6896 | 147883 |
| ASX Ltd.  | 11339 | 508261 |
| Austal Ltd. \* | 80083 | 336073 |
| Bank of Queensland Ltd.  | 112403 | 547609 |
| Bapcor Ltd.  | 96077 | 237085 |
| Beach Energy Ltd.  | 543088 | 407083 |
| Bega Cheese Ltd.  | 73615 | 245113 |
| Bendigo & Adelaide Bank Ltd.  | 73435 | 575309 |
| Breville Group Ltd.  | 8067 | 168709 |
| Brickworks Ltd.  | 4118 | 86423 |
| CAR Group Ltd.  | 10913 | 265617 |
| Challenger Ltd.  | 57217 | 300710 |
| Champion Iron Ltd.  | 104300 | 275587 |
| Charter Hall Group  | 38037 | 490044 |
| Cleanaway Waste Management Ltd.  | 263790 | 486144 |
| Cochlear Ltd.  | 2891 | 590206 |
| Collins Foods Ltd.  | 13303 | 79012 |
| Credit Corp. Group Ltd.  | 15105 | 148859 |
| Cromwell Property Group  | 246211 | 65467 |
| Dexus  | 108806 | 491216 |
| Domino's Pizza Enterprises Ltd.  | 12068 | 140850 |
| Eagers Automotive Ltd.  | 65437 | 819513 |
| Elders Ltd.  | 62086 | 287640 |
| Evolution Mining Ltd.  | 196028 | 887168 |
| FleetPartners Group Ltd. \* | 51218 | 90188 |
| Flight Centre Travel Group Ltd.  | 15462 | 117925 |
| G8 Education Ltd.  | 299549 | 172689 |
| GPT Group  | 153235 | 499179 |
| GrainCorp Ltd., Class A  | 126107 | 611964 |
| Harvey Norman Holdings Ltd.  | 145052 | 537829 |
| Healius Ltd.  | 451649 | 221559 |
| Helia Group Ltd.  | 68570 | 221996 |
| IDP Education Ltd.  | 20832 | 47132 |
| IGO Ltd.  | 113186 | 318411 |
| Iluka Resources Ltd.  | 133312 | 436734 |
| Inghams Group Ltd.  | 115317 | 255424 |
| Insignia Financial Ltd. \* | 117276 | 337846 |
| IPH Ltd.  | 38586 | 129481 |
| IRESS Ltd.  | 27164 | 137819 |
| Lottery Corp. Ltd.  | 106601 | 369733 |
| Lynas Rare Earths Ltd. \* | 41780 | 280737 |
| Magellan Financial Group Ltd.  | 58269 | 396233 |
| Mirvac Group  | 296436 | 425323 |
| Monadelphous Group Ltd.  | 27291 | 340256 |
| Myer Holdings Ltd.  | 178216 | 68794 |
| New Hope Corp. Ltd.  | 150600 | 402215 |
| nib holdings Ltd.  | 93975 | 446171 |
| Nickel Industries Ltd.  | 434082 | 203927 |
| Nine Entertainment Co. Holdings Ltd.  | 544663 | 591679 |
| NRW Holdings Ltd.  | 149938 | 309599 |
| Nufarm Ltd. \* | 149912 | 247555 |
| oOh!media Ltd.  | 98181 | 113323 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Orora Ltd.  | 378610 | 502497 |
| Perenti Ltd.  | 428021 | 480204 |
| Perpetual Ltd.  | 17920 | 240651 |
| Perseus Mining Ltd.  | 143305 | 299179 |
| Pilbara Minerals Ltd. \* | 198532 | 201452 |
| Premier Investments Ltd.  | 13370 | 180793 |
| Qantas Airways Ltd.  | 88940 | 616829 |
| Qube Holdings Ltd.  | 192057 | 535570 |
| Ramelius Resources Ltd.  | 119005 | 191465 |
| REA Group Ltd.  | 1207 | 183863 |
| Reece Ltd.  | 38068 | 329614 |
| Region Group  | 130629 | 195495 |
| Regis Resources Ltd. \* | 192658 | 502379 |
| Reliance Worldwide Corp. Ltd.  | 116502 | 320264 |
| Ridley Corp. Ltd.  | 40638 | 75719 |
| Sandfire Resources Ltd. \* | 48468 | 326072 |
| SEEK Ltd.  | 24781 | 382264 |
| Service Stream Ltd.  | 64867 | 82467 |
| SGH Ltd.  | 16194 | 529662 |
| Sigma Healthcare Ltd.  | 176615 | 326228 |
| Sims Ltd.  | 44658 | 433335 |
| SmartGroup Corp. Ltd.  | 11566 | 58527 |
| Stanmore Resources Ltd.  | 61935 | 83884 |
| Star Entertainment Group Ltd. \* | 1249883 | 87528 |
| Steadfast Group Ltd.  | 61709 | 234857 |
| Super Retail Group Ltd.  | 45941 | 449374 |
| Tabcorp Holdings Ltd.  | 742942 | 367019 |
| TPG Telecom Ltd.  | 126706 | 449424 |
| Treasury Wine Estates Ltd.  | 63733 | 308189 |
| Ventia Services Group Pty. Ltd.  | 107207 | 356977 |
| Vicinity Ltd.  | 497110 | 782699 |
| Virgin Australia Holdings Pty. Ltd. \**(a)* | 176214 | 0 |
| West African Resources Ltd. \* | 58751 | 87962 |
| Westgold Resources Ltd. \* | 33494 | 54689 |
|  |  | **28930516** |
| **Austria 0.8%** | **Austria 0.8%** | **Austria 0.8%** |
| ANDRITZ AG  | 12503 | 870095 |
| &nbsp;&nbsp;&nbsp;&nbsp; AT&S Austria Technologie & Systemtechnik <br> AG \*<br>| 5975 | 120128 |
| EVN AG  | 7230 | 195378 |
| Kontron AG  | 7489 | 241596 |
| Lenzing AG \* | 7778 | 217571 |
| Mayr Melnhof Karton AG  | 6548 | 558002 |
| Oesterreichische Post AG  | 6847 | 238828 |
| Palfinger AG  | 6313 | 262562 |
| Strabag SE  | 7487 | 703852 |
| Telekom Austria AG  | 34486 | 366005 |
| UNIQA Insurance Group AG  | 27048 | 389672 |
| Verbund AG  | 3229 | 240430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Vienna Insurance Group AG Wiener <br> Versicherung Gruppe <br>| 8046 | 424544 |
|  |  | **4828663** |
| **Belgium 1.0%** | **Belgium 1.0%** | **Belgium 1.0%** |
| Ackermans & van Haaren NV  | 3303 | 810213 |
| Aedifica SA  | 2882 | 212081 |
| Azelis Group NV  | 19428 | 301845 |
| Barco NV  | 16781 | 261547 |

---

**29**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Bekaert SA  | 18430 | 759082 |
| bpost SA \* | 80180 | 200717 |
| Cofinimmo SA  | 4127 | 358233 |
| Colruyt Group NV  | 14422 | 616062 |
| Deme Group NV  | 1141 | 170772 |
| D'ieteren Group  | 1660 | 327905 |
| Elia Group SA  | 4522 | 521718 |
| Fagron  | 7614 | 188270 |
| KBC Ancora  | 3138 | 228120 |
| Lotus Bakeries NV  | 7 | 59181 |
| Melexis NV  | 3176 | 242916 |
| Ontex Group NV \**(b)* | 31209 | 241973 |
| Solvay SA  | 13872 | 434646 |
| Tessenderlo Group SA  | 6964 | 207169 |
| Titan SA  | 4874 | 194710 |
| Warehouses De Pauw CVA  | 8409 | 196234 |
|  |  | **6533394** |
| **Canada 7.8%** | **Canada 7.8%** | **Canada 7.8%** |
| ADENTRA, Inc.  | 2969 | 63018 |
| Advantage Energy Ltd. \* | 32505 | 259224 |
| Aecon Group, Inc.  | 24701 | 334255 |
| Air Canada \* | 37840 | 527073 |
| Alamos Gold, Inc., Class A  | 19265 | 468138 |
| Algoma Steel Group, Inc.  | 69887 | 373242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Allied Properties Real Estate Investment <br> Trust <br>| 25613 | 319793 |
| Altus Group Ltd.  | 1704 | 71156 |
| Aris Mining Corp. \* | 16352 | 113883 |
| Aritzia, Inc. \* | 5911 | 317264 |
| Artis Real Estate Investment Trust  | 14542 | 78188 |
| Athabasca Oil Corp. \* | 74875 | 316662 |
| AtkinsRealis Group, Inc.  | 8312 | 588547 |
| ATS Corp. \* | 8730 | 264937 |
| Badger Infrastructure Solutions Ltd.  | 5668 | 213900 |
| Bausch & Lomb Corp. \* | 3839 | 52476 |
| Baytex Energy Corp.  | 278067 | 590009 |
| Birchcliff Energy Ltd.  | 91097 | 443782 |
| Bird Construction, Inc.  | 8163 | 169964 |
| Boardwalk Real Estate Investment Trust  | 1419 | 73172 |
| Bombardier, Inc., Class B \* | 7667 | 894022 |
| Boralex, Inc., Class A  | 12304 | 278474 |
| Boyd Group Services, Inc.  | 2313 | 320592 |
| Brookfield Business Corp., Class A  | 11605 | 356626 |
| Brookfield Infrastructure Corp., Class A  | 17693 | 690686 |
| Brookfield Renewable Corp.  | 17688 | 646832 |
| Brookfield Wealth Solutions Ltd. \* | 4303 | 287819 |
| BRP, Inc.  | 10652 | 538596 |
| CAE, Inc. \* | 33793 | 963598 |
| Cameco Corp.  | 9231 | 693058 |
| Canaccord Genuity Group, Inc.  | 29127 | 226188 |
| Canada Goose Holdings, Inc. \* | 7211 | 78844 |
| Canadian Apartment Properties REIT  | 16053 | 512663 |
| Canadian Solar, Inc. \**(b)* | 43614 | 501125 |
| Canadian Utilities Ltd., Class A  | 27861 | 775749 |
| Canfor Corp. \* | 62118 | 608807 |
| Capital Power Corp.  | 9057 | 379641 |
| Capstone Copper Corp. \* | 44759 | 250994 |
| Cardinal Energy Ltd.  | 30406 | 157779 |
| Cargojet, Inc.  | 2526 | 180353 |
| Cascades, Inc.  | 70486 | 459360 |
| Celestica, Inc. \* | 9545 | 1908242 |
| Centerra Gold, Inc.  | 77512 | 527525 |
| CES Energy Solutions Corp.  | 43008 | 225035 |
| Chartwell Retirement Residences  | 22080 | 282215 |
| Chemtrade Logistics Income Fund  | 41345 | 335689 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Gold International Resources Corp. <br> Ltd. <br>| 43500 | 373968 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; Choice Properties Real Estate Investment <br> Trust <br>| 26678 | 273211 |
| CI Financial Corp.  | 39017 | 899114 |
| Cogeco Communications, Inc.  | 13198 | 594272 |
| Colliers International Group, Inc.  | 2483 | 374439 |
| Crombie Real Estate Investment Trust  | 21940 | 227697 |
| CT Real Estate Investment Trust  | 5735 | 63823 |
| Curaleaf Holdings, Inc. \* | 33672 | 45930 |
| Definity Financial Corp.  | 5331 | 287211 |
| Descartes Systems Group, Inc. \* | 1838 | 194187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dream Industrial Real Estate Investment <br> Trust <br>| 18068 | 150219 |
| Dundee Precious Metals, Inc.  | 27329 | 441808 |
| E-L Financial Corp. Ltd.  | 13983 | 148246 |
| Eldorado Gold Corp. \* | 22711 | 465333 |
| Element Fleet Management Corp.  | 14258 | 370856 |
| Enerflex Ltd.  | 39077 | 311635 |
| Enghouse Systems Ltd.  | 7338 | 121541 |
| EQB, Inc.  | 2454 | 182421 |
| Equinox Gold Corp. \* | 54883 | 334305 |
| ERO Copper Corp. \* | 10274 | 139028 |
| Exchange Income Corp.  | 8980 | 425020 |
| Fiera Capital Corp.  | 10510 | 49683 |
| First Capital Real Estate Investment Trust  | 31115 | 417457 |
| First Majestic Silver Corp.  | 15892 | 126393 |
| FirstService Corp.  | 2343 | 461836 |
| Fortuna Mining Corp. \* | 40388 | 260587 |
| GFL Environmental, Inc.  | 11985 | 603575 |
| Gibson Energy, Inc.  | 43658 | 787079 |
| goeasy Ltd.  | 1691 | 223335 |
| Granite Real Estate Investment Trust  | 5178 | 273138 |
| H&R Real Estate Investment Trust  | 71938 | 601733 |
| Hudbay Minerals, Inc.  | 54531 | 506112 |
| IAMGOLD Corp. \* | 56309 | 380378 |
| IGM Financial, Inc.  | 16965 | 561745 |
| Interfor Corp. \* | 28260 | 254128 |
| International Petroleum Corp. \* | 17403 | 291461 |
| &nbsp;&nbsp;&nbsp;&nbsp; Killam Apartment Real Estate Investment <br> Trust <br>| 10642 | 140705 |
| Labrador Iron Ore Royalty Corp.  | 6805 | 130884 |
| Lassonde Industries, Inc., Class A  | 1165 | 180560 |
| Laurentian Bank of Canada  | 14015 | 311635 |
| Leon's Furniture Ltd.  | 7346 | 144471 |
| Maple Leaf Foods, Inc.  | 21534 | 454427 |
| Martinrea International, Inc.  | 30916 | 185639 |
| Mattr Corp. \* | 7270 | 64483 |
| Mullen Group Ltd.  | 32242 | 306457 |
| New Gold, Inc. \* | 26952 | 112819 |
| NFI Group, Inc. \* | 21062 | 290332 |
| North West Co., Inc.  | 12547 | 430669 |
| Northland Power, Inc.  | 34380 | 561752 |
| &nbsp;&nbsp;&nbsp;&nbsp; Northwest Healthcare Properties Real <br> Estate Investment Trust <br>| 43223 | 147862 |
| NuVista Energy Ltd. \* | 31898 | 337029 |
| Obsidian Energy Ltd. \* | 13553 | 82946 |
| OceanaGold Corp.  | 39798 | 541421 |
| Onex Corp.  | 1487 | 120969 |
| OR Royalties, Inc.  | 3452 | 95618 |
| Pan American Silver Corp.  | 27071 | 731284 |
| Paramount Resources Ltd., Class A  | 16364 | 251672 |
| Parex Resources, Inc.  | 74144 | 879711 |
| Pason Systems, Inc.  | 14751 | 124451 |
| Peyto Exploration & Development Corp.  | 27672 | 388239 |
| Precision Drilling Corp. \* | 5663 | 318912 |
| Premium Brands Holdings Corp.  | 10091 | 639718 |
| RB Global, Inc.  | 6311 | 683342 |
| Richelieu Hardware Ltd.  | 11279 | 282219 |
| RioCan Real Estate Investment Trust  | 54491 | 694115 |
| Russel Metals, Inc.  | 27577 | 883276 |

---

**30**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Sagicor Financial Co. Ltd.  | 18841 | 104702 |
| Secure Waste Infrastructure Corp.  | 56629 | 618767 |
| Shopify, Inc., Class A \* | 4093 | 500311 |
| Sienna Senior Living, Inc.  | 11833 | 152866 |
| SmartCentres Real Estate Investment Trust  | 15418 | 282634 |
| Spin Master Corp.  | 8560 | 140855 |
| SSR Mining, Inc. \* | 74946 | 895176 |
| Stantec, Inc.  | 8699 | 950888 |
| Stella-Jones, Inc.  | 11258 | 641794 |
| Superior Plus Corp.  | 92237 | 460652 |
| Tamarack Valley Energy Ltd.  | 74750 | 293476 |
| Teekay Tankers Ltd., Class A  | 5251 | 222380 |
| TELUS International CDA, Inc. \* | 28506 | 107597 |
| TMX Group Ltd.  | 12560 | 510703 |
| Torex Gold Resources, Inc. \* | 20207 | 569197 |
| TransAlta Corp.  | 56100 | 674933 |
| Transcontinental, Inc., Class A  | 43757 | 608543 |
| Trican Well Service Ltd.  | 19774 | 81202 |
| Wajax Corp.  | 6247 | 106401 |
| Winpak Ltd.  | 5561 | 164310 |
|  |  | **49547103** |
| **China 1.2%** | **China 1.2%** | **China 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Alibaba Health Information Technology <br> Ltd. \**(b)*<br>| 384000 | 238133 |
| Bosideng International Holdings Ltd.  | 716000 | 408618 |
| Budweiser Brewing Co. APAC Ltd.  | 354800 | 372449 |
| China Medical System Holdings Ltd.  | 383000 | 650298 |
| China Water Affairs Group Ltd.  | 412000 | 323280 |
| Chow Tai Fook Jewellery Group Ltd.  | 469600 | 784275 |
| FIH Mobile Ltd. \* | 325500 | 582168 |
| GCL Technology Holdings Ltd. \**(b)* | 3102000 | 459613 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health & Happiness H&H International <br> Holdings Ltd. <br>| 53000 | 77262 |
| Hopson Development Holdings Ltd. \* | 924200 | 445029 |
| JOYY, Inc., ADR  | 17878 | 897475 |
| KLN Logistics Group Ltd.  | 143000 | 150379 |
| Lee & Man Paper Manufacturing Ltd.  | 955000 | 316434 |
| Shangri-La Asia Ltd.  | 108000 | 62599 |
| Towngas Smart Energy Co. Ltd. \* | 376000 | 190949 |
| VSTECS Holdings Ltd.  | 474000 | 548566 |
| Want Want China Holdings Ltd.  | 944000 | 682299 |
| Xinyi Glass Holdings Ltd.  | 597000 | 615381 |
|  |  | **7805207** |
| **Cyprus 0.1%** | **Cyprus 0.1%** | **Cyprus 0.1%** |
| Frontline PLC *(b)* | 21719 | **400064** |
| **Denmark 1.4%** | **Denmark 1.4%** | **Denmark 1.4%** |
| Alm Brand AS  | 152692 | 421606 |
| D/S Norden AS  | 19829 | 689590 |
| Demant AS \* | 8906 | 337427 |
| Dfds AS \* | 21639 | 388485 |
| FLSmidth & Co. AS  | 8372 | 492494 |
| Genmab AS \* | 1452 | 312612 |
| GN Store Nord AS \* | 25633 | 367207 |
| H Lundbeck AS  | 63197 | 329241 |
| ISS AS  | 19946 | 573374 |
| Jyske Bank AS  | 5839 | 586191 |
| Matas AS  | 3938 | 80777 |
| Netcompany Group AS \* | 3881 | 142315 |
| NKT AS \* | 3683 | 324004 |
| NTG Nordic Transport Group AS \* | 1886 | 56523 |
| Per Aarsleff Holding AS  | 4650 | 500791 |
| Ringkjoebing Landbobank AS  | 971 | 214058 |
| Rockwool AS, Class B  | 10210 | 447408 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Royal Unibrew AS  | 6121 | 458742 |
| Scandinavian Tobacco Group AS, A Shares  | 33112 | 433849 |
| Schouw & Co. AS  | 4047 | 381166 |
| Sydbank AS  | 6525 | 483419 |
| Tryg AS  | 30124 | 726648 |
|  |  | **8747927** |
| **Finland 1.3%** | **Finland 1.3%** | **Finland 1.3%** |
| Finnair OYJ \* | 36293 | 118968 |
| Fiskars OYJ Abp  | 4152 | 68066 |
| Hiab OYJ, B shares  | 3372 | 230120 |
| Huhtamaki OYJ  | 20681 | 711827 |
| Kalmar OYJ, B Shares  | 7041 | 317746 |
| Kemira OYJ  | 27735 | 590239 |
| Kojamo OYJ \* | 15222 | 193517 |
| Konecranes OYJ  | 8466 | 705489 |
| Mandatum OYJ  | 76911 | 521696 |
| Metsa Board OYJ, B Shares  | 70405 | 259013 |
| Metso OYJ  | 36876 | 463136 |
| Nokian Renkaat OYJ *(b)* | 85946 | 771598 |
| Olvi OYJ, Class A  | 1830 | 69688 |
| Orion OYJ, B Shares  | 12376 | 990807 |
| Sanoma OYJ  | 27783 | 321281 |
| Terveystalo OYJ  | 20702 | 253612 |
| TietoEVRY OYJ  | 39315 | 676765 |
| Tokmanni Group Corp. *(b)* | 15254 | 149373 |
| Valmet OYJ  | 29838 | 1076609 |
|  |  | **8489550** |
| **France 3.9%** | **France 3.9%** | **France 3.9%** |
| Aeroports de Paris SA  | 3887 | 471782 |
| Air France-KLM \* | 69076 | 906589 |
| Altarea SCA  | 626 | 77264 |
| Alten SA  | 7279 | 591602 |
| Amundi SA  | 10000 | 739005 |
| Beneteau SACA  | 14434 | 133998 |
| BioMerieux  | 4044 | 578633 |
| Carmila SA \* | 10994 | 216002 |
| Cie de L'Odet SE  | 223 | 374545 |
| Clariane SE \* | 111597 | 578595 |
| Coface SA  | 21185 | 393886 |
| Constellium SE, Class A \* | 60084 | 823752 |
| Covivio SA  | 8155 | 527969 |
| Criteo SA, ADR \* | 13280 | 323235 |
| Dassault Aviation SA  | 1180 | 367401 |
| Derichebourg SA  | 62756 | 412677 |
| Edenred SE  | 22553 | 644070 |
| Emeis SA \* | 29700 | 461930 |
| Eramet SA  | 4112 | 227385 |
| Eurazeo SE  | 4089 | 239942 |
| Eutelsat Communications SACA \**(b)* | 53031 | 189778 |
| FDJ UNITED  | 10621 | 331288 |
| Fnac Darty SA  | 8165 | 276401 |
| Gaztransport Et Technigaz SA  | 1838 | 345701 |
| Gecina SA  | 5755 | 565559 |
| Getlink SE  | 23297 | 422512 |
| ICADE  | 15647 | 371861 |
| ID Logistics Group SACA \* | 328 | 164654 |
| Imerys SA  | 14851 | 365609 |
| Ipsen SA  | 4737 | 558171 |
| IPSOS SA  | 10252 | 460339 |
| JCDecaux SE  | 24143 | 396927 |
| Klepierre SA  | 12191 | 465354 |
| LISI SA  | 2728 | 147448 |
| Mercialys SA  | 16627 | 205572 |
| Mersen SA  | 4062 | 111241 |
| Metropole Television SA  | 22988 | 335796 |

---

**31**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Nexans SA  | 6356 | 913486 |
| Nexity SA \* | 54970 | 716268 |
| Opmobility  | 46656 | 714387 |
| Pierre Et Vacances SA \* | 41309 | 80038 |
| Quadient SA  | 8853 | 162737 |
| Remy Cointreau SA  | 4242 | 251842 |
| Sartorius Stedim Biotech  | 1460 | 291752 |
| Societe BIC SA  | 6664 | 405192 |
| Societe LDC SADIR  | 1286 | 135898 |
| SOITEC \* | 3103 | 134404 |
| Sopra Steria Group  | 3661 | 788825 |
| SPIE SA  | 20986 | 1235055 |
| Stef SA  | 702 | 105924 |
| Television Francaise 1 SA  | 50723 | 484986 |
| Trigano SA  | 2708 | 461808 |
| Ubisoft Entertainment SA \* | 45700 | 481975 |
| Vallourec SACA  | 32064 | 599246 |
| Verallia SA  | 17004 | 547086 |
| Vicat SACA  | 8431 | 546023 |
| Virbac SACA  | 542 | 214644 |
| Vivendi SE \* | 49089 | 186087 |
| Worldline SA \**(b)* | 39784 | 144932 |
|  |  | **24407068** |
| **Germany 3.8%** | **Germany 3.8%** | **Germany 3.8%** |
| AIXTRON SE  | 10854 | 182772 |
| Auto1 Group SE \* | 23015 | 689941 |
| BayWa AG \**(b)* | 14543 | 161329 |
| Bechtle AG  | 19542 | 848198 |
| Bilfinger SE  | 6515 | 700918 |
| CANCOM SE  | 8890 | 260431 |
| Carl Zeiss Meditec AG, Bearer Shares  | 4607 | 254039 |
| Ceconomy AG \* | 141231 | 713602 |
| Cewe Stiftung & Co. KGaA  | 1536 | 175904 |
| CTS Eventim AG & Co. KGaA  | 1708 | 192875 |
| Delivery Hero SE \* | 9056 | 270271 |
| Deutsche Pfandbriefbank AG  | 62070 | 386432 |
| Deutz AG  | 63659 | 558254 |
| Duerr AG  | 17116 | 439927 |
| DWS Group GmbH & Co. KGaA  | 5473 | 327745 |
| Evotec SE \* | 11160 | 89162 |
| Fielmann Group AG  | 3361 | 212961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fraport AG Frankfurt Airport Services <br> Worldwide \*<br>| 5115 | 380637 |
| Gerresheimer AG  | 5717 | 281871 |
| Grenke AG  | 8145 | 165882 |
| Hella GmbH & Co. KGaA  | 1419 | 140640 |
| HelloFresh SE \* | 73005 | 768207 |
| Hensoldt AG  | 3234 | 354670 |
| HOCHTIEF AG  | 2304 | 502026 |
| Hornbach Holding AG & Co. KGaA  | 6034 | 709500 |
| HUGO BOSS AG  | 12840 | 597998 |
| Indus Holding AG  | 7970 | 215314 |
| Jenoptik AG  | 9724 | 206071 |
| JOST Werke SE  | 4401 | 259075 |
| Kloeckner & Co. SE  | 136123 | 992619 |
| Knorr-Bremse AG  | 9474 | 945557 |
| Krones AG  | 2617 | 387514 |
| LEG Immobilien SE  | 6567 | 521246 |
| Mutares SE & Co. KGaA  | 7620 | 262515 |
| Nemetschek SE  | 1424 | 212166 |
| Nordex SE \* | 11907 | 292268 |
| ProSiebenSat.1 Media SE  | 97738 | 890890 |
| Rational AG  | 228 | 176004 |
| SAF-Holland SE  | 13684 | 246848 |
| Salzgitter AG  | 32320 | 837996 |
| Scout24 SE  | 3680 | 491801 |
| Siltronic AG *(b)* | 6677 | 288688 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Sixt SE  | 3432 | 355869 |
| Stabilus SE  | 9753 | 279587 |
| Stroeer SE & Co. KGaA  | 4520 | 242870 |
| Suedzucker AG  | 28609 | 327619 |
| TAG Immobilien AG  | 25105 | 403639 |
| Takkt AG  | 6807 | 41785 |
| Talanx AG  | 8136 | 1078403 |
| TeamViewer SE \* | 11443 | 117027 |
| Traton SE *(b)* | 19204 | 656986 |
| TUI AG \* | 62573 | 564537 |
| United Internet AG  | 38676 | 1108569 |
| Wacker Chemie AG *(b)* | 8435 | 627825 |
| Wacker Neuson SE  | 10110 | 264476 |
| Wuestenrot & Wuerttembergische AG  | 18766 | 300325 |
|  |  | **23962281** |
| **Guernsey 0.0%** | **Guernsey 0.0%** | **Guernsey 0.0%** |
| Burford Capital Ltd.  | 13041 | 165441 |
| Sirius Real Estate Ltd.  | 60720 | 83477 |
|  |  | **248918** |
| **Hong Kong 3.0%** | **Hong Kong 3.0%** | **Hong Kong 3.0%** |
| ASMPT Ltd.  | 70300 | 594718 |
| Bank of East Asia Ltd.  | 305800 | 472919 |
| Brightoil Petroleum Holdings Ltd. \**(a)* | 1150000 | 0 |
| Cafe de Coral Holdings Ltd.  | 76000 | 70020 |
| Cathay Pacific Airways Ltd.  | 250363 | 372119 |
| CK Infrastructure Holdings Ltd.  | 27000 | 190161 |
| Cowell e Holdings, Inc. \* | 22000 | 74017 |
| Crystal International Group Ltd.  | 115000 | 82624 |
| CTF Services Ltd.  | 191000 | 187248 |
| Dah Sing Financial Holdings Ltd.  | 60800 | 225553 |
| DFI Retail Group Holdings Ltd.  | 107000 | 368877 |
| Fortune Real Estate Investment Trust  | 300000 | 192811 |
| Futu Holdings Ltd., ADR  | 3350 | 514828 |
| Galaxy Entertainment Group Ltd.  | 89000 | 434023 |
| Grand Pharmaceutical Group Ltd.  | 252000 | 278702 |
| Hang Lung Group Ltd.  | 354000 | 639550 |
| Hang Lung Properties Ltd.  | 402614 | 414635 |
| Henderson Land Development Co. Ltd.  | 193000 | 675360 |
| &nbsp;&nbsp;&nbsp;&nbsp; HK Electric Investments & HK Electric <br> Investments Ltd. <br>| 386000 | 300932 |
| HKBN Ltd.  | 513000 | 325874 |
| Hongkong Land Holdings Ltd.  | 179600 | 1086580 |
| Hysan Development Co. Ltd.  | 140000 | 278579 |
| Johnson Electric Holdings Ltd.  | 243500 | 717683 |
| Kerry Properties Ltd.  | 255500 | 682211 |
| Kingboard Laminates Holdings Ltd.  | 365500 | 469282 |
| Luk Fook Holdings International Ltd.  | 162000 | 422717 |
| Man Wah Holdings Ltd.  | 443600 | 250238 |
| Melco Resorts & Entertainment Ltd., ADR \* | 62868 | 543808 |
| MTR Corp. Ltd.  | 108500 | 390304 |
| Nine Dragons Paper Holdings Ltd. \* | 1657000 | 908682 |
| PAX Global Technology Ltd.  | 320000 | 277605 |
| PCCW Ltd.  | 1240000 | 888395 |
| Sino Biopharmaceutical Ltd.  | 1742000 | 1668315 |
| Sino Land Co. Ltd.  | 478000 | 550990 |
| SJM Holdings Ltd. \* | 187500 | 74166 |
| Skyworth Group Ltd. \* | 972000 | 382093 |
| Stella International Holdings Ltd.  | 157000 | 312000 |
| Swire Properties Ltd.  | 151800 | 406856 |
| United Energy Group Ltd.  | 1676000 | 121423 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Laboratories International Holdings <br> Ltd. <br>| 182000 | 341169 |
| Vitasoy International Holdings Ltd.  | 172000 | 200802 |
| VTech Holdings Ltd.  | 52300 | 387541 |

---

**32**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Wharf Holdings Ltd.  | 145000 | 412834 |
| Wharf Real Estate Investment Co. Ltd.  | 162000 | 514320 |
|  |  | **18703564** |
| **Indonesia 0.2%** | **Indonesia 0.2%** | **Indonesia 0.2%** |
| First Pacific Co. Ltd.  | 1286000 | **1011858** |
| **Ireland 0.5%** | **Ireland 0.5%** | **Ireland 0.5%** |
| AIB Group PLC  | 57756 | 455617 |
| Alkermes PLC \* | 6743 | 178622 |
| Cairn Homes PLC  | 106918 | 264627 |
| Cimpress PLC \* | 3577 | 197844 |
| Dalata Hotel Group PLC  | 13216 | 96224 |
| Dole PLC  | 31530 | 448987 |
| Glanbia PLC  | 31473 | 457299 |
| Glenveagh Properties PLC \* | 63707 | 135879 |
| Grafton Group PLC, CDI  | 60962 | 714678 |
| Greencore Group PLC  | 63337 | 214970 |
| Uniphar PLC  | 33341 | 151141 |
|  |  | **3315888** |
| **Israel 2.2%** | **Israel 2.2%** | **Israel 2.2%** |
| Alony Hetz Properties & Investments Ltd.  | 23248 | 242340 |
| Ashtrom Group Ltd.  | 4752 | 99028 |
| Azrieli Group Ltd.  | 1798 | 176652 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bezeq The Israeli Telecommunication Corp. <br> Ltd. <br>| 401874 | 747566 |
| Cellcom Israel Ltd. \* | 34834 | 314853 |
| Clal Insurance Enterprises Holdings Ltd.  | 9686 | 464387 |
| Delek Automotive Systems Ltd.  | 24737 | 193410 |
| Delek Group Ltd.  | 3495 | 709749 |
| Delta Galil Ltd.  | 2860 | 151760 |
| Elbit Systems Ltd.  | 1729 | 797644 |
| Elco Ltd.  | 3582 | 201883 |
| Electra Ltd.  | 293 | 177522 |
| Equital Ltd. \* | 5693 | 247031 |
| Fattal Holdings 1998 Ltd. \* | 465 | 83694 |
| FIBI Holdings Ltd.  | 5268 | 383291 |
| First International Bank of Israel Ltd.  | 6098 | 423552 |
| Formula Systems 1985 Ltd.  | 2395 | 288302 |
| Fox Wizel Ltd.  | 1021 | 105879 |
| G City Ltd.  | 25659 | 91921 |
| &nbsp;&nbsp;&nbsp;&nbsp; Harel Insurance Investments & Financial <br> Services Ltd. <br>| 19965 | 601860 |
| Inmode Ltd. \* | 4824 | 65896 |
| Isracard Ltd.  | 40646 | 166488 |
| Israel Corp. Ltd.  | 3210 | 994964 |
| Melisron Ltd.  | 742 | 85432 |
| Mivne Real Estate KD Ltd.  | 51998 | 196002 |
| Mizrahi Tefahot Bank Ltd.  | 8216 | 507534 |
| Nice Ltd. \* | 4185 | 653325 |
| Nova Ltd. \* | 336 | 88230 |
| Oil Refineries Ltd.  | 1635028 | 427725 |
| Partner Communications Co. Ltd.  | 31536 | 290431 |
| Paz Retail & Energy Ltd.  | 1955 | 361481 |
| Phoenix Financial Ltd.  | 29021 | 988835 |
| Plus500 Ltd.  | 17049 | 756662 |
| &nbsp;&nbsp;&nbsp;&nbsp; Rami Levy Chain Stores Hashikma <br> Marketing 2006 Ltd. <br>| 1879 | 175261 |
| Shikun & Binui Ltd. \* | 52401 | 249435 |
| Shufersal Ltd.  | 50907 | 615454 |
| Strauss Group Ltd.  | 10087 | 270858 |
| Taboola.com Ltd. \* | 20794 | 66749 |
| Tower Semiconductor Ltd. \* | 14320 | 664474 |
|  |  | **14127560** |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **Italy 2.0%** | **Italy 2.0%** | **Italy 2.0%** |
| ACEA SpA  | 12336 | 273764 |
| Alitalia - Linee Aeree Italiane SpA \**(a)* | 14782 | 0 |
| Amplifon SpA  | 11449 | 192731 |
| Azimut Holding SpA  | 19466 | 661698 |
| Banca Generali SpA  | 7165 | 400182 |
| Banca Mediolanum SpA  | 32253 | 568904 |
| Banca Monte dei Paschi di Siena SpA  | 57853 | 492527 |
| Banca Popolare di Sondrio SpA  | 40844 | 559282 |
| BFF Bank SpA \* | 25815 | 306481 |
| Buzzi SpA  | 13940 | 727941 |
| CIR SpA-Compagnie Industriali \* | 169455 | 130580 |
| Danieli & C Officine Meccaniche SpA  | 2666 | 114563 |
| De' Longhi SpA  | 9491 | 311290 |
| DiaSorin SpA  | 2145 | 209706 |
| Enav SpA  | 44699 | 196096 |
| ERG SpA  | 9419 | 204057 |
| FinecoBank Banca Fineco SpA  | 34435 | 733259 |
| Hera SpA  | 102268 | 437601 |
| Infrastrutture Wireless Italiane SpA  | 20222 | 239070 |
| Interpump Group SpA  | 10076 | 413400 |
| Iren SpA  | 246224 | 705104 |
| Italgas SpA  | 109277 | 906711 |
| Lottomatica Group SpA  | 4089 | 110313 |
| Maire SpA  | 8345 | 115916 |
| Nexi SpA  | 75982 | 433875 |
| OVS SpA  | 58950 | 244033 |
| Piaggio & C SpA *(b)* | 70376 | 151921 |
| Pirelli & C SpA  | 101948 | 687269 |
| PRADA SpA  | 41800 | 227512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Recordati Industria Chimica e Farmaceutica <br> SpA <br>| 7586 | 435085 |
| Reply SpA  | 1578 | 247168 |
| Saipem SpA  | 147352 | 393876 |
| Salvatore Ferragamo SpA \* | 22652 | 128104 |
| Sesa SpA  | 1560 | 117471 |
| SOL SpA  | 3598 | 192163 |
| Technogym SpA  | 12218 | 188515 |
| Webuild SpA  | 68421 | 307939 |
|  |  | **12766107** |
| **Japan 31.7%** | **Japan 31.7%** | **Japan 31.7%** |
| 77 Bank Ltd.  | 7800 | 269425 |
| ABC-Mart, Inc.  | 18400 | 344326 |
| Acom Co. Ltd.  | 101500 | 293530 |
| Activia Properties, Inc.  | 240 | 205044 |
| Adastria Co. Ltd.  | 9980 | 198197 |
| ADEKA Corp.  | 32200 | 635476 |
| Advance Residence Investment Corp.  | 234 | 241338 |
| AEON Financial Service Co. Ltd.  | 39300 | 353406 |
| AEON REIT Investment Corp.  | 252 | 214846 |
| Aica Kogyo Co. Ltd.  | 17500 | 430899 |
| Aichi Steel Corp.  | 9600 | 146111 |
| Aiful Corp.  | 41300 | 122034 |
| Ain Holdings, Inc.  | 13000 | 500367 |
| Aisan Industry Co. Ltd.  | 17800 | 196786 |
| ALSOK Co. Ltd.  | 111300 | 775271 |
| Amano Corp.  | 12800 | 357168 |
| Anritsu Corp.  | 42800 | 461328 |
| AOKI Holdings, Inc.  | 17200 | 195503 |
| Aoyama Trading Co. Ltd.  | 23100 | 350414 |
| Aozora Bank Ltd.  | 22700 | 333040 |
| Arata Corp.  | 27200 | 579993 |
| ARCLANDS Corp.  | 21900 | 252863 |
| Arcs Co. Ltd.  | 40200 | 808889 |
| ARE Holdings, Inc.  | 28200 | 332407 |
| Artience Co. Ltd.  | 17100 | 362111 |

---

**33**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| As One Corp.  | 10060 | 158090 |
| Asahi Intecc Co. Ltd.  | 13500 | 210088 |
| Asics Corp.  | 32200 | 756999 |
| ASKUL Corp.  | 14200 | 141827 |
| Autobacs Seven Co. Ltd.  | 36700 | 358049 |
| Axial Retailing, Inc.  | 28000 | 211889 |
| Azbil Corp.  | 85700 | 800815 |
| Bando Chemical Industries Ltd.  | 7900 | 94056 |
| BayCurrent, Inc.  | 5000 | 287100 |
| Belc Co. Ltd.  | 6000 | 287044 |
| Bic Camera, Inc.  | 37300 | 389461 |
| BIPROGY, Inc.  | 16000 | 645202 |
| BML, Inc.  | 13200 | 306549 |
| Bunka Shutter Co. Ltd.  | 22000 | 372372 |
| Calbee, Inc.  | 22000 | 403759 |
| Canon Marketing Japan, Inc.  | 16800 | 606955 |
| Capcom Co. Ltd.  | 13700 | 348744 |
| Casio Computer Co. Ltd.  | 82300 | 652010 |
| Central Glass Co. Ltd.  | 9000 | 194406 |
| Chiba Bank Ltd.  | 69000 | 643129 |
| Chudenko Corp.  | 10500 | 254826 |
| Chugin Financial Group, Inc.  | 20800 | 270041 |
| Chugoku Marine Paints Ltd.  | 9700 | 199241 |
| Citizen Watch Co. Ltd.  | 84800 | 509004 |
| CKD Corp.  | 16100 | 287437 |
| Colowide Co. Ltd.  | 11700 | 151049 |
| Concordia Financial Group Ltd.  | 125400 | 831556 |
| Cosmos Pharmaceutical Corp.  | 12840 | 797639 |
| Create SD Holdings Co. Ltd.  | 12500 | 285042 |
| Credit Saison Co. Ltd.  | 28900 | 762484 |
| CyberAgent, Inc.  | 102100 | 1022566 |
| Daicel Corp.  | 93700 | 806014 |
| Dai-Dan Co. Ltd.  | 8200 | 249367 |
| Daido Steel Co. Ltd.  | 89800 | 691499 |
| Daihen Corp.  | 5100 | 240812 |
| Daiichikosho Co. Ltd.  | 21200 | 227606 |
| Daio Paper Corp.  | 80300 | 447355 |
| Daiseki Co. Ltd.  | 7160 | 166691 |
| Daishi Hokuetsu Financial Group, Inc.  | 11500 | 281451 |
| Daiwa House REIT Investment Corp.  | 223 | 372928 |
| Daiwa Office Investment Corp.  | 71 | 164953 |
| Daiwa Securities Living Investments Corp.  | 235 | 159222 |
| DCM Holdings Co. Ltd.  | 57700 | 548562 |
| DeNA Co. Ltd.  | 11486 | 179003 |
| Denka Co. Ltd.  | 30100 | 424420 |
| Dexerials Corp.  | 17900 | 258792 |
| DMG Mori Co. Ltd.  | 28100 | 649313 |
| Doshisha Co. Ltd.  | 5100 | 85072 |
| Doutor Nichires Holdings Co. Ltd.  | 10900 | 181052 |
| DTS Corp.  | 7600 | 252152 |
| Duskin Co. Ltd.  | 12800 | 337934 |
| DyDo Group Holdings, Inc.  | 7700 | 135984 |
| Eagle Industry Co. Ltd.  | 12300 | 196691 |
| Earth Corp.  | 6300 | 203570 |
| EDION Corp.  | 64400 | 856317 |
| Eizo Corp.  | 5400 | 76832 |
| Elecom Co. Ltd.  | 14227 | 184013 |
| Exedy Corp.  | 16700 | 524248 |
| Ezaki Glico Co. Ltd.  | 19400 | 599038 |
| FCC Co. Ltd.  | 17200 | 345239 |
| Ferrotec Corp.  | 18800 | 450907 |
| Food & Life Cos. Ltd.  | 12500 | 629580 |
| FP Corp.  | 12260 | 218560 |
| Frontier Real Estate Investment Corp.  | 260 | 148301 |
| Fuji Co. Ltd.  | 16300 | 219316 |
| Fuji Corp.  | 30038 | 563693 |
| Fuji Media Holdings, Inc.  | 19200 | 452612 |
| Fuji Oil Co. Ltd.  | 17700 | 333063 |
| Fuji Seal International, Inc.  | 15800 | 290273 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Fujimi, Inc.  | 5300 | 79032 |
| Fujitec Co. Ltd.  | 8900 | 329439 |
| Fukuda Denshi Co. Ltd.  | 5200 | 242021 |
| Fukuoka Financial Group, Inc.  | 22600 | 616235 |
| Fukuyama Transporting Co. Ltd.  | 15099 | 359491 |
| Furukawa Co. Ltd.  | 13500 | 214757 |
| Futaba Industrial Co. Ltd.  | 39500 | 212381 |
| Fuyo General Lease Co. Ltd.  | 14935 | 403433 |
| Geo Holdings Corp.  | 12000 | 130457 |
| Glory Ltd.  | 25500 | 655705 |
| GLP J-Reit  | 352 | 308459 |
| GMO internet group, Inc.  | 9900 | 253612 |
| Godo Steel Ltd.  | 2700 | 68129 |
| Goldwin, Inc.  | 3900 | 200814 |
| GS Yuasa Corp.  | 42400 | 760922 |
| G-Tekt Corp.  | 12600 | 155263 |
| GungHo Online Entertainment, Inc.  | 12650 | 242169 |
| Gunma Bank Ltd.  | 41000 | 383921 |
| Gunze Ltd.  | 8100 | 205234 |
| H.U. Group Holdings, Inc.  | 31400 | 674698 |
| H2O Retailing Corp.  | 42500 | 561597 |
| Hachijuni Bank Ltd.  | 43500 | 391354 |
| Hakuhodo DY Holdings, Inc.  | 56500 | 444623 |
| Hamakyorex Co. Ltd.  | 11300 | 109341 |
| Hamamatsu Photonics KK  | 51600 | 629783 |
| Happinet Corp.  | 7500 | 281835 |
| Hazama Ando Corp.  | 62500 | 662768 |
| Heiwa Corp.  | 14300 | 198120 |
| Heiwa Real Estate Co. Ltd.  | 4800 | 70277 |
| Heiwado Co. Ltd.  | 27300 | 526750 |
| Hikari Tsushin, Inc.  | 2550 | 685590 |
| Hino Motors Ltd. \* | 116700 | 283629 |
| Hirogin Holdings, Inc.  | 34800 | 303553 |
| Hirose Electric Co. Ltd.  | 4839 | 607610 |
| Hisamitsu Pharmaceutical Co., Inc.  | 10400 | 279968 |
| Hogy Medical Co. Ltd.  | 5200 | 164194 |
| Hokkaido Electric Power Co., Inc.  | 143000 | 856631 |
| Hokkoku Financial Holdings, Inc.  | 4400 | 162801 |
| Hokuetsu Corp.  | 38100 | 256387 |
| Hokuhoku Financial Group, Inc.  | 21300 | 449908 |
| Hokuriku Electric Power Co.  | 98400 | 510298 |
| Horiba Ltd.  | 8500 | 625117 |
| Hoshizaki Corp.  | 16500 | 565006 |
| Hosiden Corp.  | 28000 | 435287 |
| House Foods Group, Inc.  | 21600 | 399439 |
| Hulic Co. Ltd.  | 79900 | 762062 |
| Hyakugo Bank Ltd.  | 35200 | 174103 |
| Ibiden Co. Ltd.  | 15400 | 651283 |
| Idec Corp.  | 4300 | 64821 |
| IDOM, Inc.  | 32500 | 209928 |
| Iino Kaiun Kaisha Ltd.  | 27000 | 185116 |
| Inaba Denki Sangyo Co. Ltd.  | 20600 | 540224 |
| Inabata & Co. Ltd.  | 34200 | 742021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial & Infrastructure Fund Investment <br> Corp. <br>| 233 | 190646 |
| INFRONEER Holdings, Inc.  | 98800 | 834965 |
| Internet Initiative Japan, Inc.  | 17800 | 327814 |
| Invincible Investment Corp.  | 388 | 172570 |
| Ito En Ltd.  | 19700 | 427859 |
| Itochu Enex Co. Ltd.  | 38400 | 515555 |
| Itoham Yonekyu Holdings, Inc.  | 26900 | 907419 |
| Iyogin Holdings, Inc.  | 24700 | 287025 |
| Izumi Co. Ltd.  | 30700 | 646284 |
| J Front Retailing Co. Ltd.  | 57800 | 779130 |
| Jaccs Co. Ltd.  | 11400 | 309088 |
| JAFCO Group Co. Ltd.  | 14800 | 243201 |
| Japan Airport Terminal Co. Ltd.  | 4300 | 130589 |
| Japan Aviation Electronics Industry Ltd.  | 21200 | 339777 |
| Japan Excellent, Inc.  | 160 | 148025 |

---

**34**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Japan Exchange Group, Inc.  | 62300 | 608819 |
| Japan Hotel REIT Investment Corp.  | 272 | 149484 |
| Japan Lifeline Co. Ltd.  | 7500 | 71660 |
| Japan Logistics Fund, Inc.  | 235 | 145871 |
| Japan Metropolitan Fund Invest  | 786 | 571676 |
| Japan Petroleum Exploration Co. Ltd.  | 64900 | 471347 |
| Japan Prime Realty Investment Corp.  | 392 | 257520 |
| Japan Pulp & Paper Co. Ltd.  | 34400 | 149197 |
| Japan Real Estate Investment Corp.  | 651 | 528029 |
| Japan Steel Works Ltd.  | 10000 | 616776 |
| Japan Wool Textile Co. Ltd.  | 21100 | 194877 |
| Jeol Ltd.  | 7100 | 203126 |
| JGC Holdings Corp.  | 94300 | 843084 |
| Joyful Honda Co. Ltd.  | 19200 | 264990 |
| Juroku Financial Group, Inc.  | 6100 | 210375 |
| JVCKenwood Corp.  | 43700 | 345576 |
| Kadokawa Corp.  | 14500 | 352169 |
| Kaga Electronics Co. Ltd.  | 26600 | 510571 |
| Kagome Co. Ltd.  | 16200 | 309566 |
| Kakaku.com, Inc.  | 11600 | 197159 |
| Kaken Pharmaceutical Co. Ltd.  | 8382 | 218427 |
| Kameda Seika Co. Ltd.  | 3400 | 90929 |
| Kamigumi Co. Ltd.  | 29200 | 820621 |
| Kanadevia Corp.  | 75600 | 510235 |
| Kanamoto Co. Ltd.  | 19600 | 439590 |
| Kandenko Co. Ltd.  | 34400 | 814902 |
| Kanematsu Corp.  | 39000 | 732737 |
| Kansai Paint Co. Ltd.  | 25760 | 364759 |
| Katitas Co. Ltd.  | 11261 | 188827 |
| Kato Sangyo Co. Ltd.  | 23000 | 873017 |
| KDX Realty Investment Corp.  | 214 | 229978 |
| Keihan Holdings Co. Ltd.  | 21200 | 434860 |
| Keikyu Corp.  | 47500 | 488197 |
| Keio Corp.  | 21200 | 494985 |
| Keisei Electric Railway Co. Ltd.  | 44800 | 375842 |
| Kewpie Corp.  | 18300 | 500101 |
| KH Neochem Co. Ltd.  | 7500 | 141951 |
| Kinden Corp.  | 33800 | 1064250 |
| Kitz Corp.  | 33800 | 283506 |
| Kiyo Bank Ltd.  | 10900 | 198294 |
| Kobayashi Pharmaceutical Co. Ltd.  | 8800 | 309474 |
| Kobe Bussan Co. Ltd.  | 12800 | 340855 |
| Koei Tecmo Holdings Co. Ltd.  | 11360 | 148748 |
| Kohnan Shoji Co. Ltd.  | 13500 | 348599 |
| Kokusai Electric Corp.  | 14100 | 311205 |
| Kokuyo Co. Ltd.  | 105600 | 622170 |
| Komeri Co. Ltd.  | 17000 | 350205 |
| Konami Group Corp.  | 6700 | 909583 |
| Konishi Co. Ltd.  | 11200 | 90158 |
| Konoike Transport Co. Ltd.  | 14400 | 308173 |
| Kose Corp.  | 9200 | 353066 |
| Kumagai Gumi Co. Ltd.  | 17900 | 532507 |
| Kumiai Chemical Industry Co. Ltd.  | 32900 | 177328 |
| Kurabo Industries Ltd.  | 2800 | 148605 |
| Kureha Corp.  | 20400 | 465227 |
| Kurita Water Industries Ltd.  | 20500 | 790219 |
| Kusuri No. Aoki Holdings Co. Ltd.  | 10000 | 266180 |
| KYB Corp.  | 22500 | 483621 |
| Kyoei Steel Ltd.  | 8600 | 123581 |
| Kyokuto Kaihatsu Kogyo Co. Ltd.  | 12800 | 221792 |
| Kyorin Pharmaceutical Co. Ltd.  | 9600 | 96468 |
| Kyoritsu Maintenance Co. Ltd.  | 8300 | 199832 |
| Kyoto Financial Group, Inc.  | 17900 | 323824 |
| Kyowa Kirin Co. Ltd.  | 39700 | 677663 |
| Kyudenko Corp.  | 15700 | 670786 |
| Kyushu Financial Group, Inc.  | 50300 | 256874 |
| Kyushu Railway Co.  | 27900 | 674698 |
| Lasertec Corp.  | 1900 | 191422 |
| Leopalace21 Corp.  | 24800 | 116861 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Life Corp.  | 34200 | 546597 |
| Lintec Corp.  | 18500 | 370939 |
| Lion Corp.  | 66900 | 651791 |
| M3, Inc.  | 45700 | 562055 |
| Mabuchi Motor Co. Ltd.  | 25500 | 368689 |
| Macnica Holdings, Inc.  | 62400 | 814965 |
| Makino Milling Machine Co. Ltd.  | 6150 | 470342 |
| Maruha Nichiro Corp.  | 35400 | 735216 |
| Marui Group Co. Ltd.  | 25600 | 521369 |
| Maruichi Steel Tube Ltd.  | 21300 | 514936 |
| Maruwa Co. Ltd.  | 600 | 180851 |
| Maruzen Showa Unyu Co. Ltd.  | 5500 | 262143 |
| Max Co. Ltd.  | 6500 | 217766 |
| Maxell Ltd.  | 8800 | 116947 |
| McDonald's Holdings Co. Japan Ltd.  | 13600 | 543092 |
| MCJ Co. Ltd.  | 27100 | 251942 |
| Mebuki Financial Group, Inc.  | 123976 | 672205 |
| Megachips Corp.  | 2100 | 75805 |
| Megmilk Snow Brand Co. Ltd.  | 39000 | 737031 |
| Meidensha Corp.  | 11200 | 421809 |
| Meiko Electronics Co. Ltd.  | 3900 | 191114 |
| MEITEC Group Holdings, Inc.  | 12800 | 267745 |
| Menicon Co. Ltd.  | 19100 | 147735 |
| Milbon Co. Ltd.  | 3400 | 57338 |
| Mirait One Corp.  | 48400 | 866013 |
| Mitsubishi HC Capital, Inc.  | 41900 | 309709 |
| Mitsubishi Logisnext Co. Ltd.  | 5400 | 69466 |
| Mitsubishi Logistics Corp.  | 67700 | 578726 |
| Mitsubishi Pencil Co. Ltd.  | 9900 | 135726 |
| Mitsuboshi Belting Ltd.  | 7000 | 166742 |
| Mitsui E&S Co. Ltd.  | 26700 | 556279 |
| Mitsui High-Tec, Inc.  | 14250 | 71595 |
| Mitsui-Soko Holdings Co. Ltd.  | 24200 | 628816 |
| Mitsuuroko Group Holdings Co. Ltd.  | 20700 | 292792 |
| Miura Co. Ltd.  | 14900 | 297096 |
| MIXI, Inc.  | 11500 | 263175 |
| Mizuho Leasing Co. Ltd.  | 31800 | 244258 |
| Mizuno Corp.  | 14700 | 267777 |
| Mochida Pharmaceutical Co. Ltd.  | 8500 | 173604 |
| Modec, Inc.  | 6400 | 272676 |
| MonotaRO Co. Ltd.  | 13000 | 231490 |
| Morinaga & Co. Ltd.  | 21200 | 338414 |
| Morinaga Milk Industry Co. Ltd.  | 37500 | 815518 |
| Morita Holdings Corp.  | 5900 | 89644 |
| MOS Food Services, Inc.  | 3700 | 93748 |
| Musashi Seimitsu Industry Co. Ltd.  | 17800 | 383222 |
| Nabtesco Corp.  | 38800 | 713783 |
| Nachi-Fujikoshi Corp.  | 6500 | 139032 |
| Nagoya Railroad Co. Ltd.  | 33500 | 365329 |
| Nakanishi, Inc.  | 9100 | 117138 |
| Nankai Electric Railway Co. Ltd.  | 27200 | 436906 |
| Nexon Co. Ltd.  | 42622 | 779899 |
| Nextage Co. Ltd.  | 17400 | 215982 |
| NHK Spring Co. Ltd.  | 33500 | 377198 |
| Nichias Corp.  | 14200 | 543298 |
| Nichicon Corp.  | 26500 | 226962 |
| Nichiha Corp.  | 10800 | 224923 |
| Nichireki Group Co. Ltd.  | 5100 | 99883 |
| Nifco, Inc.  | 27400 | 668560 |
| Nihon Kohden Corp.  | 39400 | 433343 |
| Nihon M&A Center Holdings, Inc.  | 44400 | 221965 |
| Nihon Parkerizing Co. Ltd.  | 29900 | 272751 |
| Nikkiso Co. Ltd.  | 16800 | 150227 |
| Nikkon Holdings Co. Ltd.  | 28200 | 635168 |
| Nippn Corp.  | 29400 | 423953 |
| Nippon Accommodations Fund, Inc.  | 195 | 152773 |
| Nippon Building Fund, Inc.  | 675 | 619196 |
| Nippon Densetsu Kogyo Co. Ltd.  | 16600 | 315189 |
| Nippon Electric Glass Co. Ltd.  | 30300 | 811020 |

---

**35**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Nippon Gas Co. Ltd.  | 22800 | 414767 |
| Nippon Kayaku Co. Ltd.  | 58400 | 545336 |
| Nippon Light Metal Holdings Co. Ltd.  | 67300 | 780945 |
| Nippon Paint Holdings Co. Ltd.  | 121200 | 1027477 |
| Nippon Prologis REIT, Inc.  | 542 | 292497 |
| Nippon Sanso Holdings Corp.  | 12600 | 445958 |
| Nippon Seiki Co. Ltd.  | 23500 | 240776 |
| Nippon Shinyaku Co. Ltd.  | 18400 | 396171 |
| Nippon Shokubai Co. Ltd.  | 55484 | 630796 |
| Nippon Soda Co. Ltd.  | 17900 | 405815 |
| Nippon Television Holdings, Inc.  | 39000 | 843491 |
| Nipro Corp.  | 64800 | 596661 |
| Nishimatsu Construction Co. Ltd.  | 10900 | 362477 |
| Nishimatsuya Chain Co. Ltd.  | 14200 | 209193 |
| Nishi-Nippon Financial Holdings, Inc.  | 19100 | 301697 |
| Nishi-Nippon Railroad Co. Ltd.  | 28900 | 411104 |
| Nissan Chemical Corp.  | 24700 | 805189 |
| Nissha Co. Ltd.  | 10200 | 90570 |
| Nisshin Oillio Group Ltd.  | 13800 | 469220 |
| Nisshinbo Holdings, Inc.  | 110500 | 702120 |
| Nitta Corp.  | 2700 | 73784 |
| Nittetsu Mining Co. Ltd.  | 3500 | 171928 |
| Nitto Boseki Co. Ltd.  | 4500 | 196874 |
| Nitto Kogyo Corp.  | 11000 | 243063 |
| NOF Corp.  | 38100 | 758377 |
| Nojima Corp.  | 29200 | 667514 |
| NOK Corp.  | 49200 | 746518 |
| Nomura Co. Ltd.  | 31500 | 191647 |
| Nomura Real Estate Holdings, Inc.  | 136800 | 758093 |
| Nomura Real Estate Master Fund, Inc.  | 511 | 538178 |
| Noritake Co. Ltd.  | 10200 | 290213 |
| Noritz Corp.  | 9000 | 114194 |
| North Pacific Bank Ltd.  | 58400 | 251285 |
| NPR-RIKEN Corp.  | 6200 | 104306 |
| NS Solutions Corp.  | 9000 | 211090 |
| NS United Kaiun Kaisha Ltd.  | 3300 | 91582 |
| NSD Co. Ltd.  | 8100 | 193737 |
| NTN Corp.  | 403103 | 687753 |
| NTT UD REIT Investment Corp.  | 165 | 142140 |
| Obic Co. Ltd.  | 11600 | 412990 |
| Odakyu Electric Railway Co. Ltd.  | 68600 | 739291 |
| Okamoto Industries, Inc.  | 2100 | 71119 |
| Okamura Corp.  | 28400 | 447653 |
| Oki Electric Industry Co. Ltd.  | 31800 | 330895 |
| Okinawa Cellular Telephone Co.  | 2500 | 84880 |
| OKUMA Corp.  | 17400 | 473389 |
| Okumura Corp.  | 11800 | 348551 |
| Onward Holdings Co. Ltd.  | 26500 | 107838 |
| Open House Group Co. Ltd.  | 19300 | 853454 |
| Open Up Group, Inc.  | 6700 | 82103 |
| Oracle Corp. Japan  | 3100 | 335248 |
| Organo Corp.  | 1500 | 92423 |
| Orient Corp.  | 16760 | 110869 |
| Oriental Land Co. Ltd.  | 32200 | 663015 |
| Orix JREIT, Inc.  | 312 | 407856 |
| Osaka Soda Co. Ltd.  | 17900 | 217984 |
| OSG Corp.  | 27700 | 358419 |
| Pacific Industrial Co. Ltd.  | 18500 | 252387 |
| PALTAC Corp.  | 24800 | 709701 |
| Paramount Bed Holdings Co. Ltd.  | 11400 | 187047 |
| Park24 Co. Ltd.  | 23100 | 291716 |
| Pasona Group, Inc.  | 5100 | 69855 |
| Penta-Ocean Construction Co. Ltd.  | 134700 | 871696 |
| Pigeon Corp.  | 36000 | 397973 |
| Pilot Corp.  | 9800 | 285319 |
| Piolax, Inc.  | 4400 | 51000 |
| Pola Orbis Holdings, Inc.  | 26600 | 224526 |
| Prima Meat Packers Ltd.  | 21500 | 339434 |
| Raito Kogyo Co. Ltd.  | 16200 | 334726 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Raiznext Corp.  | 10300 | 127589 |
| Rakuten Group, Inc. \* | 52383 | 265043 |
| Relo Group, Inc.  | 15800 | 181435 |
| Resorttrust, Inc.  | 22276 | 275943 |
| Restar Corp.  | 5900 | 105956 |
| Retail Partners Co. Ltd.  | 12500 | 119365 |
| Ricoh Leasing Co. Ltd.  | 2200 | 80055 |
| Rinnai Corp.  | 27700 | 683690 |
| Rohto Pharmaceutical Co. Ltd.  | 26700 | 381118 |
| Round One Corp.  | 20700 | 212571 |
| Ryobi Ltd.  | 13100 | 197957 |
| S Foods, Inc.  | 8600 | 151413 |
| Saizeriya Co. Ltd.  | 5200 | 182426 |
| Sakai Moving Service Co. Ltd.  | 4000 | 70794 |
| Sakata INX Corp.  | 21800 | 310088 |
| Sakata Seed Corp.  | 6900 | 155149 |
| San-A Co. Ltd.  | 16000 | 318797 |
| San-Ai Obbli Co. Ltd.  | 49900 | 672642 |
| Sangetsu Corp.  | 15600 | 310472 |
| San-In Godo Bank Ltd.  | 21500 | 181043 |
| Sanken Electric Co. Ltd. \* | 5900 | 334678 |
| Sanki Engineering Co. Ltd.  | 15700 | 461936 |
| Sankyo Co. Ltd.  | 24800 | 462775 |
| Santen Pharmaceutical Co. Ltd.  | 73700 | 814305 |
| Sanyo Chemical Industries Ltd.  | 3650 | 95655 |
| Sanyo Denki Co. Ltd.  | 2800 | 173616 |
| Sapporo Holdings Ltd.  | 9900 | 458095 |
| Sawai Group Holdings Co. Ltd.  | 29900 | 383811 |
| SBI Holdings, Inc.  | 9300 | 345475 |
| SBS Holdings, Inc.  | 3800 | 80908 |
| SCREEN Holdings Co. Ltd.  | 11700 | 912716 |
| SCSK Corp.  | 23228 | 722737 |
| Sega Sammy Holdings, Inc.  | 30000 | 613267 |
| Seibu Holdings, Inc.  | 22855 | 638676 |
| Seiko Group Corp.  | 8200 | 227950 |
| Seino Holdings Co. Ltd.  | 28500 | 433479 |
| Seiren Co. Ltd.  | 13000 | 212373 |
| Sekisui House Reit, Inc.  | 378 | 196369 |
| Sekisui Jushi Corp.  | 6000 | 85912 |
| Senko Group Holdings Co. Ltd.  | 58200 | 783326 |
| Seria Co. Ltd.  | 17900 | 329657 |
| Seven Bank Ltd.  | 132000 | 237099 |
| Sharp Corp. \* | 47300 | 223614 |
| Shibaura Machine Co. Ltd.  | 3300 | 84935 |
| Shibuya Corp.  | 5400 | 129853 |
| Shiga Bank Ltd.  | 4900 | 196786 |
| Shikoku Electric Power Co., Inc.  | 86400 | 718957 |
| Shinmaywa Industries Ltd.  | 29000 | 350014 |
| Ship Healthcare Holdings, Inc.  | 33300 | 464674 |
| Shizuoka Financial Group, Inc.  | 56400 | 667109 |
| SHO-BOND Holdings Co. Ltd.  | 6500 | 207544 |
| Shoei Foods Corp.  | 2200 | 59970 |
| Showa Sangyo Co. Ltd.  | 7000 | 140584 |
| Siix Corp.  | 12700 | 103518 |
| SKY Perfect JSAT Holdings, Inc.  | 37000 | 350399 |
| Skylark Holdings Co. Ltd.  | 35200 | 669076 |
| Socionext, Inc.  | 24500 | 461698 |
| Sotetsu Holdings, Inc.  | 20600 | 325296 |
| Square Enix Holdings Co. Ltd.  | 16700 | 1129023 |
| Starts Corp., Inc.  | 11100 | 335635 |
| Sugi Holdings Co. Ltd.  | 34000 | 824072 |
| Sumitomo Bakelite Co. Ltd.  | 18200 | 527782 |
| Sumitomo Densetsu Co. Ltd.  | 4700 | 204247 |
| Sumitomo Osaka Cement Co. Ltd.  | 19100 | 497139 |
| Sumitomo Pharma Co. Ltd. \* | 86031 | 740171 |
| Sumitomo Riko Co. Ltd.  | 10600 | 134234 |
| Sumitomo Warehouse Co. Ltd.  | 17600 | 365045 |
| Sundrug Co. Ltd.  | 28300 | 838785 |
| Suruga Bank Ltd.  | 9600 | 88394 |

---

**36**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| SWCC Corp.  | 6500 | 389122 |
| T Hasegawa Co. Ltd.  | 6600 | 136176 |
| Tachibana Eletech Co. Ltd.  | 5900 | 111693 |
| Tadano Ltd.  | 48400 | 348230 |
| Taihei Dengyo Kaisha Ltd.  | 6100 | 262262 |
| Taikisha Ltd.  | 17800 | 318912 |
| Taiyo Holdings Co. Ltd.  | 6000 | 260563 |
| Takamatsu Construction Group Co. Ltd.  | 5500 | 112133 |
| Takara Holdings, Inc.  | 67963 | 572125 |
| Takara Standard Co. Ltd.  | 26600 | 454805 |
| Takasago International Corp.  | 3200 | 153414 |
| Takasago Thermal Engineering Co. Ltd.  | 9300 | 451241 |
| Takashimaya Co. Ltd.  | 97700 | 755046 |
| Takeuchi Manufacturing Co. Ltd.  | 8600 | 307416 |
| Takuma Co. Ltd.  | 21400 | 309546 |
| Tamron Co. Ltd.  | 9600 | 57689 |
| TBS Holdings, Inc.  | 16000 | 526306 |
| TechnoPro Holdings, Inc.  | 18000 | 570063 |
| THK Co. Ltd.  | 33700 | 947272 |
| TKC Corp.  | 6800 | 204259 |
| Toa Corp.  | 24300 | 303567 |
| Toagosei Co. Ltd.  | 40700 | 398967 |
| TOBISHIMA HOLDINGS, Inc.  | 1000 | 12978 |
| Tocalo Co. Ltd.  | 12500 | 167265 |
| Toda Corp.  | 78600 | 501245 |
| Toei Co. Ltd.  | 4200 | 145063 |
| Toho Co. Ltd.  | 11000 | 694025 |
| Toho Holdings Co. Ltd.  | 24900 | 840312 |
| Tokai Carbon Co. Ltd.  | 114800 | 783926 |
| Tokai Corp.  | 7800 | 108841 |
| TOKAI Holdings Corp.  | 55300 | 391565 |
| Tokai Rika Co. Ltd.  | 42669 | 683167 |
| Token Corp.  | 3850 | 355669 |
| Tokuyama Corp.  | 35600 | 762362 |
| Tokyo Century Corp.  | 46500 | 532181 |
| Tokyo Kiraboshi Financial Group, Inc.  | 2300 | 99166 |
| Tokyo Metro Co. Ltd.  | 15700 | 169173 |
| Tokyo Ohka Kogyo Co. Ltd.  | 15000 | 410844 |
| Tokyo Seimitsu Co. Ltd.  | 6700 | 416805 |
| Tokyo Steel Manufacturing Co. Ltd.  | 31200 | 324631 |
| Tokyo Tatemono Co. Ltd.  | 40900 | 684456 |
| Tokyu Construction Co. Ltd.  | 25900 | 177936 |
| Tomy Co. Ltd.  | 12900 | 272613 |
| Topcon Corp.  | 25300 | 550841 |
| Topre Corp.  | 35600 | 487713 |
| Toshiba TEC Corp.  | 11000 | 219908 |
| Totetsu Kogyo Co. Ltd.  | 9800 | 271197 |
| Towa Pharmaceutical Co. Ltd.  | 8500 | 184408 |
| Toyo Construction Co. Ltd.  | 23500 | 256830 |
| Toyo Tire Corp.  | 49300 | 1044226 |
| Toyobo Co. Ltd.  | 41900 | 271317 |
| Toyoda Gosei Co. Ltd.  | 45900 | 968675 |
| Toyota Boshoku Corp.  | 31200 | 443368 |
| Transcosmos, Inc.  | 12700 | 302495 |
| Trend Micro, Inc.  | 12100 | 737839 |
| Trusco Nakayama Corp.  | 22400 | 326237 |
| TS Tech Co. Ltd.  | 54000 | 648389 |
| TSI Holdings Co. Ltd.  | 13200 | 92329 |
| Tsubakimoto Chain Co.  | 37100 | 520729 |
| Tsumura & Co.  | 12690 | 313035 |
| TV Asahi Holdings Corp.  | 18690 | 351178 |
| Tv Tokyo Holdings Corp.  | 6700 | 162394 |
| UACJ Corp.  | 19830 | 780348 |
| Uchida Yoko Co. Ltd.  | 2300 | 157398 |
| Ulvac, Inc.  | 12400 | 455476 |
| United Super Markets Holdings, Inc.  | 77012 | 480108 |
| United Urban Investment Corp.  | 342 | 375508 |
| Ushio, Inc.  | 22900 | 280891 |
| USS Co. Ltd.  | 44546 | 484165 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| UT Group Co. Ltd.  | 5400 | 91163 |
| Valor Holdings Co. Ltd.  | 43900 | 775312 |
| Valqua Ltd.  | 2800 | 65440 |
| Wacoal Holdings Corp.  | 10900 | 393935 |
| Wacom Co. Ltd.  | 45200 | 194622 |
| Wakita & Co. Ltd.  | 7400 | 86277 |
| Welcia Holdings Co. Ltd.  | 43600 | 731593 |
| YAMABIKO Corp.  | 8000 | 116210 |
| Yamae Group Holdings Co. Ltd.  | 13400 | 230177 |
| Yamaguchi Financial Group, Inc.  | 20400 | 230903 |
| Yamato Kogyo Co. Ltd.  | 6400 | 359127 |
| Yamazen Corp.  | 38500 | 341253 |
| Yaoko Co. Ltd.  | 6892 | 446032 |
| Yellow Hat Ltd.  | 28700 | 303809 |
| Yodogawa Steel Works Ltd.  | 36700 | 282494 |
| Yokogawa Bridge Holdings Corp.  | 14300 | 253477 |
| Yoshinoya Holdings Co. Ltd.  | 13200 | 286091 |
| Yuasa Trading Co. Ltd.  | 12200 | 379041 |
| Yurtec Corp.  | 20200 | 330672 |
| Zacros Corp.  | 3600 | 93814 |
| Zenkoku Hosho Co. Ltd.  | 14200 | 302959 |
| Zensho Holdings Co. Ltd.  | 8100 | 426250 |
| Zeon Corp.  | 62300 | 661221 |
| Zojirushi Corp.  | 6600 | 78738 |
| ZOZO, Inc.  | 25100 | 248474 |
|  |  | **201215093** |
| **Jersey 0.3%** | **Jersey 0.3%** | **Jersey 0.3%** |
| boohoo Group PLC \**(b)* | 196987 | 45318 |
| CVC Capital Partners PLC  | 4159 | 79752 |
| International Workplace Group PLC  | 150181 | 438187 |
| Man Group PLC  | 148911 | 323396 |
| TP ICAP Group PLC  | 176839 | 713862 |
|  |  | **1600515** |
| **Kampuchea, Democratic 0.0%** | **Kampuchea, Democratic 0.0%** | **Kampuchea, Democratic 0.0%** |
| NagaCorp Ltd. \* | 178000 | **93755** |
| **Luxembourg 0.6%** | **Luxembourg 0.6%** | **Luxembourg 0.6%** |
| Allegro.eu SA \* | 29863 | 292938 |
| Aroundtown SA \* | 175019 | 631135 |
| Befesa SA  | 10351 | 310384 |
| Espirito Santo Financial Group SA \**(a)* | 69773 | 0 |
| Grand City Properties SA  | 6697 | 84436 |
| InPost SA \* | 4667 | 67031 |
| RTL Group SA  | 18357 | 723578 |
| Samsonite Group SA  | 172457 | 351762 |
| Spotify Technology SA \* | 1128 | 706737 |
| Subsea 7 SA  | 22065 | 427597 |
|  |  | **3595598** |
| **Macau 0.1%** | **Macau 0.1%** | **Macau 0.1%** |
| Sands China Ltd. \* | 175600 | 425087 |
| Wynn Macau Ltd.  | 93200 | 77245 |
|  |  | **502332** |
| **Netherlands 2.0%** | **Netherlands 2.0%** | **Netherlands 2.0%** |
| Adyen NV \* | 501 | 859290 |
| Arcadis NV  | 8380 | 418226 |
| ASM International NV  | 653 | 316089 |
| Basic-Fit NV \* | 7680 | 216811 |
| BE Semiconductor Industries NV  | 3686 | 498022 |
| Brembo NV  | 39673 | 380335 |
| Cementir Holding NV  | 11664 | 173280 |

---

**37**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Corbion NV  | 12432 | 235932 |
| CTP NV  | 4883 | 103562 |
| Davide Campari-Milano NV  | 59711 | 411279 |
| Eurocommercial Properties NV  | 7034 | 214699 |
| Euronext NV  | 4036 | 650558 |
| Ferrovial SE  | 6371 | 326596 |
| Flow Traders Ltd. \* | 3976 | 119089 |
| Fugro NV  | 24214 | 347105 |
| IMCD NV  | 2442 | 267669 |
| JDE Peet's NV  | 29485 | 874380 |
| Just Eat Takeaway.com NV \* | 36034 | 823103 |
| Koninklijke BAM Groep NV  | 52553 | 458800 |
| Koninklijke Heijmans NV  | 2814 | 179355 |
| Koninklijke Vopak NV  | 9330 | 445703 |
| MFE-MediaForEurope NV, Class A  | 82268 | 260724 |
| MFE-MediaForEurope NV, Class B  | 31712 | 142510 |
| OCI NV \* | 48514 | 404093 |
| Pepco Group NV  | 41355 | 256237 |
| Qiagen NV  | 16899 | 837948 |
| RHI Magnesita NV  | 4987 | 157014 |
| SBM Offshore NV  | 20844 | 543596 |
| Technip Energies NV  | 22313 | 963505 |
| TKH Group NV  | 11629 | 478338 |
| Van Lanschot Kempen NV  | 4142 | 269791 |
|  |  | **12633639** |
| **New Zealand 0.8%** | **New Zealand 0.8%** | **New Zealand 0.8%** |
| a2 Milk Co. Ltd.  | 78454 | 406138 |
| Air New Zealand Ltd.  | 739392 | 252634 |
| Auckland International Airport Ltd.  | 57251 | 253961 |
| Chorus Ltd.  | 66601 | 341930 |
| Contact Energy Ltd.  | 125819 | 674309 |
| EBOS Group Ltd.  | 33784 | 813998 |
| Fisher & Paykel Healthcare Corp. Ltd.  | 28920 | 626953 |
| Freightways Group Ltd.  | 10158 | 66643 |
| Genesis Energy Ltd.  | 196249 | 275152 |
| Mercury NZ Ltd.  | 79806 | 290797 |
| Meridian Energy Ltd.  | 151447 | 508539 |
| Ryman Healthcare Ltd. \* | 25791 | 37911 |
| SKYCITY Entertainment Group Ltd. \* | 297573 | 178731 |
| Xero Ltd. \* | 1574 | 181263 |
|  |  | **4908959** |
| **Norway 1.9%** | **Norway 1.9%** | **Norway 1.9%** |
| AF Gruppen ASA \* | 10172 | 155256 |
| Aker Solutions ASA  | 65755 | 194484 |
| Atea ASA \* | 22796 | 314863 |
| Austevoll Seafood ASA  | 32009 | 294550 |
| Bluenord ASA \* | 1387 | 66221 |
| Bonheur ASA  | 2948 | 68176 |
| Borregaard ASA  | 12765 | 246689 |
| DNO ASA  | 456610 | 623546 |
| DOF Group ASA  | 10495 | 96096 |
| Elkem ASA \* | 272227 | 632511 |
| Europris ASA  | 35005 | 327901 |
| Gjensidige Forsikring ASA  | 22527 | 592542 |
| Golden Ocean Group Ltd. *(c)* | 25054 | 207436 |
| Golden Ocean Group Ltd. *(b)(c)* | 11689 | 95382 |
| Hoegh Autoliners ASA  | 29718 | 298640 |
| Kongsberg Gruppen ASA  | 14548 | 434740 |
| Leroy Seafood Group ASA  | 79293 | 360709 |
| MPC Container Ships ASA  | 150839 | 277862 |
| Norconsult Norge AS  | 43456 | 182420 |
| Nordic Semiconductor ASA \* | 13202 | 179482 |
| Norwegian Air Shuttle ASA  | 79886 | 130667 |
| Odfjell Drilling Ltd.  | 15427 | 109616 |
| Opera Ltd., ADR  | 8528 | 141309 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Salmar ASA  | 6395 | 259791 |
| Scatec ASA \* | 8728 | 86597 |
| SFL Corp. Ltd.  | 29491 | 270727 |
| SpareBank 1 Nord Norge  | 22998 | 329101 |
| SpareBank 1 SMN  | 16991 | 315715 |
| SpareBank 1 Sor-Norge ASA  | 25974 | 454920 |
| Sparebanken Norge  | 19132 | 299403 |
| Stolt-Nielsen Ltd.  | 9213 | 269594 |
| Storebrand ASA  | 38400 | 545291 |
| TGS ASA  | 49049 | 360355 |
| TOMRA Systems ASA  | 18775 | 260786 |
| Var Energi ASA  | 87370 | 299273 |
| Veidekke ASA  | 29377 | 466905 |
| Vend Marketplaces ASA, A Shares  | 7089 | 279817 |
| Vend Marketplaces ASA, B Shares  | 14801 | 556129 |
| Wallenius Wilhelmsen ASA  | 90623 | 810730 |
| Wilh Wilhelmsen Holding ASA, Class A  | 1476 | 68027 |
| Wilh Wilhelmsen Holding ASA, Class B  | 850 | 36421 |
|  |  | **12000680** |
| **Poland 1.2%** | **Poland 1.2%** | **Poland 1.2%** |
| Alior Bank SA  | 11990 | 323045 |
| Asseco Poland SA  | 17460 | 941970 |
| Bank Millennium SA \* | 36052 | 140214 |
| Budimex SA  | 1189 | 177941 |
| CD Projekt SA  | 2795 | 186678 |
| Cognor Holding SA \* | 44005 | 82138 |
| Cyfrowy Polsat SA \* | 155456 | 624058 |
| Dino Polska SA \* | 28950 | 381797 |
| Enea SA  | 170267 | 860175 |
| Eurocash SA  | 67782 | 146143 |
| Grupa Azoty SA \* | 58878 | 292631 |
| Grupa Kety SA  | 1861 | 433078 |
| Jastrzebska Spolka Weglowa SA \* | 74260 | 464798 |
| KRUK SA  | 1983 | 217260 |
| LPP SA  | 84 | 373074 |
| mBank SA \* | 1145 | 270750 |
| Orange Polska SA  | 237154 | 553595 |
| Santander Bank Polska SA  | 3554 | 518240 |
| Tauron Polska Energia SA \* | 354544 | 786478 |
|  |  | **7774063** |
| **Portugal 0.4%** | **Portugal 0.4%** | **Portugal 0.4%** |
| Banco Comercial Portugues SA, Class R  | 836793 | 687128 |
| Navigator Co. SA  | 64306 | 227120 |
| NOS SGPS SA  | 76388 | 314881 |
| &nbsp;&nbsp;&nbsp;&nbsp; REN - Redes Energeticas Nacionais SGPS <br> SA <br>| 117042 | 397182 |
| Sonae SGPS SA  | 529116 | 763237 |
|  |  | **2389548** |
| **Republic of Korea 8.1%** | **Republic of Korea 8.1%** | **Republic of Korea 8.1%** |
| Amorepacific Corp.  | 7233 | 696993 |
| Amorepacific Holdings Corp.  | 22411 | 498115 |
| Asiana Airlines, Inc. \* | 66520 | 452853 |
| BGF retail Co. Ltd.  | 4201 | 340295 |
| BH Co. Ltd.  | 11631 | 121860 |
| Binggrae Co. Ltd.  | 1050 | 61334 |
| Celltrion, Inc.  | 4788 | 613836 |
| Cheil Worldwide, Inc.  | 23129 | 330422 |
| CJ ENM Co. Ltd. \* | 9836 | 463615 |
| CJ Logistics Corp.  | 6038 | 385126 |
| Coway Co. Ltd.  | 15453 | 1205267 |
| Daeduck Electronics Co. Ltd.  | 13249 | 225637 |
| Daesang Corp.  | 14241 | 240477 |

---

**38**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; Daewoo Engineering & Construction Co. <br> Ltd. \*<br>| 188476 | 507061 |
| Daishin Securities Co. Ltd.  | 7980 | 146545 |
| Daou Data Corp.  | 13146 | 151830 |
| Daou Technology, Inc.  | 19122 | 481120 |
| DB HiTek Co. Ltd.  | 9971 | 325209 |
| DL E&C Co. Ltd.  | 14746 | 497929 |
| DL Holdings Co. Ltd.  | 7195 | 259845 |
| Dongjin Semichem Co. Ltd.  | 8116 | 182916 |
| Dongwon Industries Co. Ltd.  | 2960 | 97573 |
| Doosan Bobcat, Inc. \* | 19916 | 789532 |
| Doosan Co. Ltd.  | 3018 | 1289612 |
| DoubleDown Interactive Co. Ltd., ADR \* | 7511 | 71430 |
| E1 Corp.  | 2341 | 138960 |
| Ecopro BM Co. Ltd. \* | 1072 | 84804 |
| Ecopro Co. Ltd.  | 4773 | 167813 |
| F&F Co. Ltd.  | 4643 | 232674 |
| Gravity Co. Ltd., ADR \* | 1133 | 70269 |
| GS Engineering & Construction Corp.  | 31944 | 443037 |
| GS P&L Co. Ltd. \* | 2751 | 76005 |
| GS Retail Co. Ltd.  | 27696 | 324000 |
| Handsome Co. Ltd.  | 7093 | 83336 |
| Hanjin Transportation Co. Ltd.  | 5556 | 83706 |
| Hanon Systems \* | 95525 | 224527 |
| Hansol Chemical Co. Ltd.  | 1966 | 255072 |
| Hanwha Aerospace Co. Ltd.  | 1109 | 791218 |
| Hanwha General Insurance Co. Ltd. \* | 23943 | 103406 |
| Hanwha Life Insurance Co. Ltd. \* | 193610 | 483327 |
| Hanwha Vision Co. Ltd. \* | 929 | 40830 |
| Harim Holdings Co. Ltd.  | 141287 | 952034 |
| &nbsp;&nbsp;&nbsp;&nbsp; HD Hyundai Construction Equipment Co. <br> Ltd. <br>| 5163 | 343510 |
| HD Hyundai Infracore Co. Ltd. \* | 49305 | 544171 |
| HD Hyundai Mipo  | 1979 | 301154 |
| &nbsp;&nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore <br> Engineering Co. Ltd. <br>| 4684 | 1203705 |
| HDC Holdings Co. Ltd.  | 23837 | 395705 |
| &nbsp;&nbsp;&nbsp;&nbsp; HDC Hyundai Development <br> Co-Engineering & Construction, Class E <br>| 18194 | 306932 |
| Hite Jinro Co. Ltd.  | 11060 | 160893 |
| HL Mando Co. Ltd.  | 17501 | 435005 |
| Hotel Shilla Co. Ltd. \* | 10390 | 349300 |
| HS Hyosung Advanced Materials Corp.  | 1277 | 180728 |
| HYBE Co. Ltd. \* | 398 | 73973 |
| Hyosung Corp.  | 1480 | 92423 |
| Hyosung TNC Corp.  | 2468 | 416922 |
| Hyundai Department Store Co. Ltd.  | 9617 | 488067 |
| Hyundai Elevator Co. Ltd.  | 4067 | 248233 |
| Hyundai Green Food  | 22623 | 284209 |
| Hyundai Home Shopping Network Corp.  | 2893 | 119372 |
| Hyundai Marine & Fire Insurance Co. Ltd. \* | 36553 | 689907 |
| Hyundai Rotem Co. Ltd.  | 1140 | 164796 |
| Hyundai Wia Corp.  | 16823 | 600353 |
| iM Financial Group Co. Ltd.  | 92677 | 922089 |
| Industrial Bank of Korea  | 32529 | 453827 |
| IS Dongseo Co. Ltd.  | 4290 | 62746 |
| JB Financial Group Co. Ltd.  | 39629 | 657727 |
| Kakao Corp.  | 23249 | 964331 |
| Kangwon Land, Inc.  | 16961 | 227671 |
| KCC Corp.  | 1859 | 493139 |
| KCC Glass Corp.  | 6557 | 152651 |
| KEPCO Plant Service & Engineering Co. Ltd.  | 5332 | 199528 |
| KG Chemical Corp.  | 38260 | 123950 |
| KG Dongbusteel  | 18423 | 78379 |
| KIWOOM Securities Co. Ltd.  | 2751 | 424216 |
| Kolon Industries, Inc.  | 20314 | 599606 |
| Korea Aerospace Industries Ltd.  | 4549 | 308059 |
| Korea Investment Holdings Co. Ltd.  | 10186 | 1042782 |
| Korea Petrochemical Ind Co. Ltd.  | 4360 | 319185 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Korean Reinsurance Co.  | 57311 | 439920 |
| Krafton, Inc. \* | 1805 | 424998 |
| Kumho Tire Co., Inc. \* | 44616 | 148779 |
| Kwang Dong Pharmaceutical Co. Ltd.  | 15230 | 67790 |
| LF Corp.  | 17876 | 255542 |
| LG Energy Solution Ltd. \* | 1432 | 391457 |
| Lotte Chilsung Beverage Co. Ltd.  | 961 | 89675 |
| Lotte Corp.  | 20422 | 411778 |
| LOTTE Fine Chemical Co. Ltd.  | 8897 | 274312 |
| Lotte Rental Co. Ltd.  | 11344 | 256544 |
| Lotte Shopping Co. Ltd.  | 15753 | 810709 |
| LS Corp.  | 7962 | 982027 |
| LS Electric Co. Ltd.  | 1527 | 337028 |
| LX Hausys Ltd.  | 4180 | 92673 |
| LX International Corp.  | 39706 | 915141 |
| LX Semicon Co. Ltd.  | 5489 | 216356 |
| Macquarie Korea Infrastructure Fund  | 31267 | 265728 |
| Mcnex Co. Ltd.  | 5254 | 111067 |
| Meritz Financial Group, Inc.  | 7639 | 634401 |
| Mirae Asset Securities Co. Ltd.  | 48156 | 657289 |
| Misto Holdings Corp.  | 10656 | 274336 |
| NCSoft Corp.  | 4229 | 587160 |
| Netmarble Corp.  | 1976 | 84388 |
| NH Investment & Securities Co. Ltd.  | 28905 | 419037 |
| NHN Corp.  | 12942 | 267088 |
| NICE Holdings Co. Ltd. \* | 12250 | 117284 |
| NongShim Co. Ltd.  | 944 | 261952 |
| OCI Holdings Co. Ltd.  | 5763 | 386391 |
| Orion Corp.  | 4872 | 389004 |
| Orion Holdings Corp.  | 18056 | 289192 |
| Otoki Corp.  | 812 | 232524 |
| Pan Ocean Co. Ltd.  | 153849 | 464939 |
| Partron Co. Ltd.  | 16792 | 79931 |
| Poongsan Corp.  | 7041 | 812106 |
| POSCO Future M Co. Ltd. \* | 425 | 43235 |
| Posco International Corp.  | 10264 | 358862 |
| S-1 Corp.  | 7119 | 379389 |
| Samchully Co. Ltd.  | 1447 | 143911 |
| Samsung Biologics Co. Ltd. \* | 88 | 67234 |
| Samsung Card Co. Ltd.  | 3719 | 133140 |
| Samsung E&A Co. Ltd.  | 52945 | 1003951 |
| Samsung Heavy Industries Co. Ltd. \* | 33368 | 455454 |
| Samsung Life Insurance Co. Ltd.  | 6768 | 610910 |
| Samsung Securities Co. Ltd.  | 11008 | 558044 |
| Samyang Holdings Corp. \* | 2939 | 177463 |
| SD Biosensor, Inc.  | 30556 | 219580 |
| SeAH Besteel Holdings Corp.  | 5127 | 115089 |
| SeAH Steel Holdings Corp.  | 1302 | 188379 |
| Seegene, Inc.  | 14296 | 304310 |
| Seoul Semiconductor Co. Ltd. \* | 11393 | 58198 |
| Seoyon E-Hwa Co. Ltd.  | 6227 | 55244 |
| SFA Engineering Corp.  | 11693 | 206228 |
| Shinsegae, Inc.  | 5604 | 692381 |
| SIMMTECH Co. Ltd.  | 12926 | 211506 |
| SK Chemicals Co. Ltd.  | 6525 | 318258 |
| SK Discovery Co. Ltd.  | 11595 | 455649 |
| SK Gas Ltd.  | 1063 | 202586 |
| SK Networks Co. Ltd.  | 124848 | 409525 |
| SKC Co. Ltd. \* | 2073 | 149171 |
| SL Corp.  | 6499 | 154901 |
| Soulbrain Co. Ltd.  | 1126 | 190952 |
| Sungwoo Hitech Co. Ltd.  | 27432 | 116851 |
| Taekwang Industrial Co. Ltd.  | 173 | 124945 |
| Taihan Electric Wire Co. Ltd. \* | 18811 | 211118 |
| WONIK IPS Co. Ltd.  | 8943 | 208846 |
| Young Poong Corp.  | 3108 | 94819 |
| Youngone Corp.  | 9180 | 399021 |

---

**39**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Youngone Holdings Co. Ltd.  | 4079 | 413373 |
| Yuhan Corp.  | 2966 | 249752 |
|  |  | **51551515** |
| **Singapore 2.1%** | **Singapore 2.1%** | **Singapore 2.1%** |
| BW LPG Ltd.  | 28897 | 384148 |
| CapitaLand Ascendas REIT  | 287321 | 615191 |
| CapitaLand Ascott Trust  | 276004 | 189983 |
| CapitaLand Integrated Commercial Trust  | 352480 | 595148 |
| CapitaLand Investment Ltd.  | 188698 | 401889 |
| City Developments Ltd.  | 109600 | 518865 |
| ComfortDelGro Corp. Ltd.  | 381900 | 448972 |
| Frasers Logistics & Commercial Trust  | 293900 | 198489 |
| Genting Singapore Ltd.  | 758100 | 427632 |
| Grab Holdings Ltd., Class A \* | 19813 | 96885 |
| Hafnia Ltd.  | 55271 | 303746 |
| Hutchison Port Holdings Trust, U Shares  | 3583400 | 714311 |
| IGG, Inc.  | 451900 | 236670 |
| Jardine Cycle & Carriage Ltd.  | 33300 | 674318 |
| Keppel Infrastructure Trust  | 978215 | 330771 |
| Keppel Ltd.  | 72800 | 472970 |
| Mapletree Industrial Trust  | 152766 | 238147 |
| Mapletree Logistics Trust  | 271432 | 241375 |
| Mapletree Pan Asia Commercial Trust  | 232192 | 230080 |
| Netlink NBN Trust  | 256200 | 176601 |
| SATS Ltd.  | 84849 | 207035 |
| Sea Ltd., ADR \* | 7055 | 1105166 |
| Seatrium Ltd.  | 105373 | 183134 |
| Sembcorp Industries Ltd.  | 110100 | 654664 |
| Sheng Siong Group Ltd.  | 112000 | 180800 |
| Singapore Exchange Ltd.  | 65400 | 801909 |
| Singapore Post Ltd.  | 566900 | 212990 |
| Singapore Technologies Engineering Ltd.  | 151200 | 1017165 |
| StarHub Ltd.  | 82200 | 77870 |
| UOL Group Ltd.  | 108301 | 572500 |
| Venture Corp. Ltd.  | 48600 | 482075 |
|  |  | **12991499** |
| **Spain 1.6%** | **Spain 1.6%** | **Spain 1.6%** |
| Abengoa SA, B Shares \**(a)* | 66135341 | 0 |
| Acciona SA  | 2252 | 431922 |
| Almirall SA  | 7248 | 87245 |
| &nbsp;&nbsp;&nbsp;&nbsp; Atresmedia Corp. de Medios de <br> Comunicacion SA <br>| 12755 | 72080 |
| Bankinter SA  | 69495 | 991987 |
| Caja de Ahorros del Mediterraneo \**(a)* | 5382 | 0 |
| Cellnex Telecom SA \* | 9712 | 342732 |
| CIE Automotive SA  | 11176 | 335546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Construcciones y Auxiliar de Ferrocarriles <br> SA <br>| 5006 | 303145 |
| Corp. ACCIONA Energias Renovables SA  | 9220 | 248228 |
| Ebro Foods SA  | 15082 | 294440 |
| EDP Renovaveis SA  | 29074 | 341349 |
| Elecnor SA  | 8030 | 218353 |
| Enagas SA  | 28975 | 433973 |
| Ence Energia y Celulosa SA *(b)* | 21255 | 66962 |
| Faes Farma SA  | 46063 | 228174 |
| Fluidra SA  | 10469 | 261103 |
| Gestamp Automocion SA  | 125311 | 471044 |
| Grupo Catalana Occidente SA  | 8128 | 453580 |
| Indra Sistemas SA *(b)* | 13909 | 576166 |
| Inmobiliaria Colonial Socimi SA  | 35447 | 234746 |
| &nbsp;&nbsp;&nbsp;&nbsp; Linea Directa Aseguradora SA Cia de <br> Seguros y Reaseguros <br>| 163812 | 252378 |
| Logista Integral SA  | 10183 | 322297 |
| Mapfre SA  | 132903 | 541258 |
| Merlin Properties Socimi SA  | 37217 | 515308 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Naturgy Energy Group SA  | 14818 | 464695 |
| Prosegur Cia de Seguridad SA  | 54117 | 160264 |
| Puig Brands SA, Class B  | 3873 | 71979 |
| Sacyr SA  | 124735 | 510760 |
| Unicaja Banco SA  | 120321 | 316131 |
| Vidrala SA  | 2592 | 279020 |
| Viscofan SA  | 7329 | 501506 |
|  |  | **10328371** |
| **Sweden 3.2%** | **Sweden 3.2%** | **Sweden 3.2%** |
| AAK AB  | 20441 | 525833 |
| AcadeMedia AB  | 30472 | 279026 |
| AddLife AB, B Shares  | 8529 | 150197 |
| AddTech AB, B Shares  | 9686 | 325626 |
| AFRY AB  | 22391 | 346581 |
| Alleima AB  | 51379 | 363093 |
| Ambea AB  | 6327 | 79597 |
| Arjo AB, B Shares  | 51580 | 179744 |
| Asmodee Group AB, Class B \* | 6551 | 82501 |
| Attendo AB  | 30499 | 213108 |
| Avanza Bank Holding AB  | 5298 | 195176 |
| Axfood AB  | 18703 | 557318 |
| Beijer Ref AB  | 19159 | 321620 |
| Betsson AB, Class B  | 19606 | 331976 |
| Bilia AB, A Shares  | 32407 | 380760 |
| Billerud Aktiebolag  | 79211 | 672559 |
| Bravida Holding AB  | 46410 | 435509 |
| Castellum AB  | 38121 | 433953 |
| Clas Ohlson AB, B Shares  | 4001 | 139213 |
| Corem Property Group AB, B Shares  | 80812 | 36045 |
| Dometic Group AB  | 112127 | 566401 |
| Electrolux Professional AB, B Shares  | 21142 | 143654 |
| Elekta AB, B Shares  | 72545 | 357728 |
| Embracer Group AB \* | 17625 | 182323 |
| EQT AB  | 15594 | 521215 |
| Evolution AB  | 8881 | 790063 |
| Fabege AB  | 20328 | 170382 |
| Fastighets AB Balder, B Shares \* | 31237 | 210915 |
| Getinge AB, B Shares  | 36873 | 727809 |
| Granges AB  | 29410 | 394363 |
| Hexpol AB  | 48412 | 416875 |
| Holmen AB, B Shares  | 15410 | 572738 |
| Indutrade AB  | 16082 | 390542 |
| Investment AB Latour, B Shares  | 2742 | 70001 |
| Inwido AB  | 10487 | 194985 |
| JM AB  | 22697 | 325248 |
| Lagercrantz Group AB, B Shares  | 2986 | 69326 |
| Lifco AB, B Shares  | 7073 | 251948 |
| Lindab International AB  | 11589 | 243584 |
| Loomis AB  | 17121 | 676952 |
| MEKO AB  | 12488 | 109326 |
| Mycronic AB  | 8098 | 175717 |
| NCAB Group AB \* | 12860 | 69495 |
| NCC AB, B Shares  | 32161 | 608978 |
| New Wave Group AB, B Shares  | 13199 | 158071 |
| Nibe Industrier AB, B Shares  | 173243 | 799414 |
| Nolato AB, B Shares  | 27851 | 164751 |
| Pandox AB  | 3365 | 60086 |
| Peab AB, B Shares  | 73712 | 554356 |
| Ratos AB, B Shares  | 90390 | 319988 |
| Saab AB, B Shares  | 19754 | 1074499 |
| Sagax AB, B Shares  | 5833 | 123459 |
| Samhallsbyggnadsbolaget i Norden AB \**(b)* | 493436 | 247401 |
| Scandic Hotels Group AB  | 34908 | 289470 |
| Sinch AB \* | 129061 | 443060 |
| Stillfront Group AB \* | 101985 | 52857 |
| Svenska Cellulosa AB SCA, B Shares  | 24620 | 308763 |
| Sweco AB, B Shares  | 19516 | 307856 |

---

**40**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Swedish Orphan Biovitrum AB \* | 12995 | 357317 |
| Thule Group AB  | 13214 | 373715 |
| Wihlborgs Fastigheter AB  | 18137 | 178233 |
|  |  | **20103299** |
| **Switzerland 3.1%** | **Switzerland 3.1%** | **Switzerland 3.1%** |
| Accelleron Industries AG  | 4596 | 418612 |
| Allreal Holding AG  | 1540 | 348324 |
| ALSO Holding AG  | 2123 | 641208 |
| Aryzta AG \* | 3802 | 356829 |
| Avolta AG \* | 14541 | 755893 |
| Baloise Holding AG  | 1875 | 449372 |
| Banque Cantonale Vaudoise  | 2211 | 255866 |
| Belimo Holding AG  | 552 | 642378 |
| Bell Food Group AG  | 975 | 308688 |
| BeOne Medicines Ltd. \* | 2100 | 47742 |
| BKW AG  | 2278 | 508615 |
| Bossard Holding AG, Class A  | 764 | 161919 |
| Bucher Industries AG  | 996 | 470360 |
| Burckhardt Compression Holding AG  | 106 | 94403 |
| Bystronic AG  | 375 | 185826 |
| Cembra Money Bank AG  | 3360 | 377093 |
| Clariant AG \* | 57965 | 594892 |
| Comet Holding AG  | 491 | 123624 |
| Daetwyler Holding AG  | 859 | 152983 |
| DKSH Holding AG  | 10425 | 720891 |
| DocMorris AG \* | 3470 | 32493 |
| dormakaba Holding AG  | 410 | 395783 |
| DSM-Firmenich AG  | 1459 | 140180 |
| Emmi AG  | 352 | 320409 |
| EMS-Chemie Holding AG  | 582 | 457912 |
| Flughafen Zurich AG  | 1427 | 402181 |
| Forbo Holding AG  | 259 | 245665 |
| Galderma Group AG  | 928 | 143022 |
| Galenica AG  | 8895 | 944023 |
| Georg Fischer AG  | 9059 | 708673 |
| Helvetia Holding AG  | 3971 | 954952 |
| Huber & Suhner AG  | 3357 | 448246 |
| Inficon Holding AG  | 1190 | 143188 |
| Interroll Holding AG  | 77 | 216830 |
| Kardex Holding AG  | 241 | 92801 |
| Landis & Gyr Group AG \* | 5602 | 457428 |
| Luzerner Kantonalbank AG  | 829 | 74785 |
| Mobimo Holding AG \* | 514 | 201310 |
| OC Oerlikon Corp. AG Pfaffikon  | 83610 | 408482 |
| On Holding AG, Class A \* | 1714 | 83249 |
| PSP Swiss Property AG  | 2123 | 360197 |
| SFS Group AG  | 1913 | 247209 |
| Siegfried Holding AG \* | 1850 | 206841 |
| SIG Group AG \* | 28425 | 459882 |
| Softwareone Holding AG  | 25948 | 211773 |
| St. Galler Kantonalbank AG  | 267 | 162913 |
| Stadler Rail AG  | 9941 | 262708 |
| Straumann Holding AG  | 4183 | 509656 |
| Sulzer AG  | 1695 | 326136 |
| Swiss Prime Site AG  | 5726 | 791956 |
| Swissquote Group Holding SA  | 141 | 93687 |
| Tecan Group AG \* | 1319 | 261151 |
| Temenos AG  | 4653 | 416186 |
| Valiant Holding AG  | 1834 | 288667 |
| VAT Group AG  | 1107 | 387659 |
| Vontobel Holding AG  | 5300 | 386444 |
|  |  | **19860195** |
| **Taiwan 0.0%** | **Taiwan 0.0%** | **Taiwan 0.0%** |
| FIT Hon Teng Ltd. \* | 320000 | **107714** |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **United Kingdom 7.8%** | **United Kingdom 7.8%** | **United Kingdom 7.8%** |
| 4imprint Group PLC  | 3528 | 167110 |
| AG Barr PLC  | 15881 | 144267 |
| Airtel Africa PLC  | 368686 | 992491 |
| Allfunds Group PLC  | 27158 | 188048 |
| Ashmore Group PLC  | 101587 | 234513 |
| ASOS PLC \**(b)* | 32375 | 132544 |
| Assura PLC  | 260260 | 171383 |
| Auto Trader Group PLC  | 36680 | 404939 |
| Babcock International Group PLC  | 52255 | 716433 |
| Bakkavor Group PLC  | 57517 | 178506 |
| Beazley PLC  | 51445 | 606162 |
| Big Yellow Group PLC  | 12853 | 158473 |
| Bodycote PLC  | 50026 | 420515 |
| Breedon Group PLC  | 61641 | 295179 |
| British Land Co. PLC  | 98793 | 454046 |
| Carnival PLC, ADR \* | 12408 | 337498 |
| Chemring Group PLC  | 37343 | 270442 |
| Clarkson PLC  | 3616 | 164652 |
| Close Brothers Group PLC \* | 125740 | 668252 |
| Coats Group PLC  | 275493 | 269234 |
| Computacenter PLC  | 16375 | 494905 |
| ConvaTec Group PLC  | 176324 | 543259 |
| Cranswick PLC  | 10532 | 737588 |
| Crest Nicholson Holdings PLC  | 57529 | 138468 |
| CVS Group PLC  | 10870 | 175968 |
| Deliveroo PLC \* | 48357 | 113030 |
| Derwent London PLC  | 9810 | 250043 |
| Diploma PLC  | 5844 | 413696 |
| Diversified Energy Co. PLC  | 14208 | 213108 |
| Domino's Pizza Group PLC  | 52735 | 166927 |
| Dr. Martens PLC  | 321833 | 343636 |
| Drax Group PLC  | 45190 | 422054 |
| Dunelm Group PLC  | 19686 | 315791 |
| easyJet PLC  | 101848 | 660409 |
| Elementis PLC  | 110247 | 252273 |
| Endava PLC, ADR \* | 7108 | 90982 |
| Endeavour Mining PLC  | 23815 | 715000 |
| Energean PLC  | 10396 | 125693 |
| Essentra PLC  | 61894 | 85500 |
| FDM Group Holdings PLC  | 13206 | 21173 |
| Fevertree Drinks PLC  | 6990 | 87681 |
| Frasers Group PLC \* | 39170 | 354645 |
| Fresnillo PLC  | 33834 | 623854 |
| Future PLC  | 19205 | 179617 |
| Games Workshop Group PLC  | 2198 | 470948 |
| Gamma Communications PLC  | 10176 | 146216 |
| Genuit Group PLC  | 42187 | 216694 |
| Genus PLC  | 8320 | 272487 |
| Grainger PLC  | 67351 | 182088 |
| Greggs PLC  | 15978 | 332254 |
| Halfords Group PLC  | 100021 | 189643 |
| Halma PLC  | 21635 | 925729 |
| Harbour Energy PLC  | 136243 | 358310 |
| Hikma Pharmaceuticals PLC  | 24560 | 634808 |
| Hill & Smith PLC  | 9969 | 268313 |
| Hilton Food Group PLC  | 29733 | 333768 |
| Howden Joinery Group PLC  | 74508 | 862547 |
| Hunting PLC  | 50331 | 209379 |
| Ibstock PLC  | 91847 | 182189 |
| ICG PLC  | 22788 | 652479 |
| IG Group Holdings PLC  | 65595 | 976763 |
| IMI PLC  | 33311 | 973179 |
| InterContinental Hotels Group PLC  | 6584 | 757424 |
| Investec PLC  | 25987 | 192705 |
| J D Wetherspoon PLC  | 19049 | 188801 |
| James Halstead PLC  | 32806 | 63657 |
| JD Sports Fashion PLC  | 231160 | 259474 |

---

**41**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| JET2 PLC  | 19244 | 412194 |
| Johnson Service Group PLC  | 77703 | 144897 |
| Jupiter Fund Management PLC  | 123517 | 210102 |
| Just Group PLC  | 123309 | 343609 |
| Keller Group PLC  | 24526 | 428383 |
| Kier Group PLC  | 189706 | 495911 |
| Lancashire Holdings Ltd.  | 23071 | 190734 |
| Land Securities Group PLC  | 91626 | 696810 |
| Lion Finance Group PLC  | 4767 | 477912 |
| LondonMetric Property PLC  | 55342 | 139277 |
| Marshalls PLC  | 62468 | 170772 |
| Mitchells & Butlers PLC \* | 74155 | 270251 |
| Mitie Group PLC  | 248942 | 461607 |
| Mobico Group PLC \* | 259581 | 124198 |
| MONY Group PLC  | 102884 | 272209 |
| Morgan Advanced Materials PLC  | 93849 | 287545 |
| Morgan Sindall Group PLC  | 10187 | 618037 |
| Ninety One PLC  | 79146 | 196819 |
| Ocado Group PLC \* | 57108 | 236688 |
| OSB Group PLC  | 90987 | 665546 |
| Oxford Instruments PLC  | 5820 | 139581 |
| Pagegroup PLC  | 119053 | 416418 |
| Paragon Banking Group PLC  | 27199 | 324361 |
| Pennon Group PLC  | 99364 | 656440 |
| Pets at Home Group PLC  | 154549 | 465537 |
| Pinewood Technologies Group PLC \* | 27486 | 175326 |
| Polar Capital Holdings PLC  | 20724 | 129727 |
| Premier Foods PLC  | 111963 | 285082 |
| Primary Health Properties PLC  | 112444 | 142416 |
| PZ Cussons PLC  | 81031 | 75040 |
| QinetiQ Group PLC  | 75846 | 497254 |
| Quilter PLC  | 306311 | 684464 |
| Renew Holdings PLC  | 14672 | 163841 |
| Renishaw PLC  | 4324 | 169887 |
| Rightmove PLC  | 33229 | 358590 |
| Rolls-Royce Holdings PLC  | 53213 | 755251 |
| Rotork PLC  | 103252 | 442869 |
| RS Group PLC  | 40342 | 296875 |
| RWS Holdings PLC  | 139207 | 164908 |
| Safestore Holdings PLC  | 20270 | 179742 |
| Savills PLC  | 34879 | 450956 |
| Schroders PLC  | 174015 | 894463 |
| Segro PLC  | 60556 | 516103 |
| Senior PLC  | 109692 | 292627 |
| Serco Group PLC  | 175240 | 482867 |
| Serica Energy PLC  | 100734 | 223899 |
| Softcat PLC  | 9405 | 202282 |
| Spectris PLC  | 24859 | 1305339 |
| Spirax Group PLC  | 7837 | 654928 |
| Spire Healthcare Group PLC  | 62494 | 178934 |
| Spirent Communications PLC  | 97186 | 249887 |
| SSP Group PLC  | 163738 | 367971 |
| St. James's Place PLC  | 38527 | 663083 |
| SThree PLC  | 28841 | 80440 |
| Tate & Lyle PLC  | 96163 | 678982 |
| Telecom Plus PLC  | 12037 | 293258 |
| THG PLC \**(b)* | 367490 | 146514 |
| TORM PLC, Class A  | 13718 | 253146 |
| Tritax Big Box REIT PLC  | 104019 | 193488 |
| Tullow Oil PLC \**(b)* | 385591 | 72820 |
| UNITE Group PLC  | 17125 | 168842 |
| Vesuvius PLC  | 122262 | 575462 |
| Victrex PLC  | 24005 | 217318 |
| Vistry Group PLC \* | 77203 | 591686 |
| Watches of Switzerland Group PLC \* | 55801 | 256634 |
| Weir Group PLC  | 28017 | 984262 |
| WH Smith PLC  | 16543 | 223303 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Whitbread PLC  | 10311 | 414201 |
| Zigup PLC  | 119109 | 527182 |
|  |  | **49677829** |
| **United States 0.2%** | **United States 0.2%** | **United States 0.2%** |
| Coronado Global Resources, Inc., CDI  | 505641 | 62587 |
| Garrett Motion, Inc.  | 20326 | 265051 |
| Kulicke & Soffa Industries, Inc.  | 12600 | 412776 |
| Magnachip Semiconductor Corp. \* | 17174 | 70413 |
| Mercer International, Inc.  | 18535 | 68765 |
| SolarEdge Technologies, Inc. \* | 24307 | 623718 |
|  |  | **1503310** |
| **Total Common Stocks**<br> **(Cost $452,596,440)** | **Total Common Stocks**<br> **(Cost $452,596,440)** | **626663582** |
| **PREFERRED STOCKS** 0.4% OF NET ASSETS | **PREFERRED STOCKS** 0.4% OF NET ASSETS | **PREFERRED STOCKS** 0.4% OF NET ASSETS |
| **Germany 0.4%** | **Germany 0.4%** | **Germany 0.4%** |
| Draegerwerk AG & Co. KGaA  | 7355 | 586840 |
| Jungheinrich AG  | 16058 | 615633 |
| KSB SE & Co. KGaA  | 297 | 317121 |
| Sartorius AG  | 1572 | 334760 |
| Sixt SE  | 4530 | 315916 |
| STO SE & Co. KGaA  | 1319 | 187794 |
|  |  | **2358064** |
| **Italy 0.0%** | **Italy 0.0%** | **Italy 0.0%** |
| Danieli & C Officine Meccaniche SpA - RSP  | 9329 | **303303** |
| **Republic of Korea 0.0%** | **Republic of Korea 0.0%** | **Republic of Korea 0.0%** |
| Daesang Corp.  | 59 | 741 |
| Daishin Securities Co. Ltd.  | 7876 | 110195 |
|  |  | **110936** |
| **Total Preferred Stocks**<br> **(Cost $2,154,213)** | **Total Preferred Stocks**<br> **(Cost $2,154,213)** | **2772303** |
| **WARRANTS** 0.0% OF NET ASSETS | **WARRANTS** 0.0% OF NET ASSETS | **WARRANTS** 0.0% OF NET ASSETS |
| **Italy 0.0%** | **Italy 0.0%** | **Italy 0.0%** |
| Webuild SpA | Webuild SpA | Webuild SpA |
| &nbsp;&nbsp;&nbsp;&nbsp; expires 08/02/30 \**(a)* | 9173 | **41285** |
| **Total Warrants**<br> **(Cost $0)** | **Total Warrants**<br> **(Cost $0)** | **41285** |

---

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

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS** 0.9% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.9% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.9% OF NET ASSETS |
| **Money Market Funds 0.9%** | **Money Market Funds 0.9%** | **Money Market Funds 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government <br> Money Market Fund, Premier Class <br> 4.25% *(d)(e)*<br>| 5650039 | **5650039** |
| **Total Short-Term Investments**<br> **(Cost $5,650,039)** | **Total Short-Term Investments**<br> **(Cost $5,650,039)** | **5650039** |
| **Total Investments in Securities**<br> **(Cost $460,400,692)** | **Total Investments in Securities**<br> **(Cost $460,400,692)** | **635127209** |

---

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

**42**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | |
|:---|:---|:---|:---|
|  | NUMBER OF<br> CONTRACTS<br>| NOTIONAL<br> AMOUNT<br> ($)<br>| CURRENT VALUE/<br> UNREALIZED<br> DEPRECIATION<br> ($)<br>|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Long** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; MSCI EAFE Index, expires <br> 09/19/25<br>| 37 | 4834790 | **(83382)**<br>|

---

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

\* Non-income producing security.

*(a)* Fair valued using significant unobservable inputs (see notes to portfolio holdings for additional information). 

*(b)* All or a portion of this security is on loan. Securities on loan were valued at $5,160,956. 

*(c)* Security is traded on separate exchanges for the same issuer.

*(d)* The rate shown is the annualized 7-day yield.

*(e)* Security purchased with cash collateral received for securities on loan.

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

---

| | |
|:---|:---|
| ADR — | American Depositary Receipt |
| CDI — | CHESS Depositary Interest |
| CVA — | Dutch Certificate |
| REIT — | Real Estate Investment Trust |
| RSP — | Risparmio (Savings Shares) |

---

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

------

**43**

------

Schwab Fundamental International Small Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

The following is a summary of the inputs used to value the fund's investments as of July 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Common Stocks<sup>1</sup> <br>| $— | &nbsp;&nbsp;&nbsp; $20882692 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $20882692 |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | 90188 | &nbsp;&nbsp;&nbsp; 28840328 | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 28930516 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria | 366005 | &nbsp;&nbsp;&nbsp; 4462658 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4828663 |
| &nbsp;&nbsp;&nbsp;&nbsp; Canada | 48881674 | &nbsp;&nbsp;&nbsp; 665429 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 49547103 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | 1987271 | &nbsp;&nbsp;&nbsp; 5817936 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7805207 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cyprus | 400064 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 400064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Denmark | 1314197 | &nbsp;&nbsp;&nbsp; 7433730 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 8747927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Finland | 193517 | &nbsp;&nbsp;&nbsp; 8296033 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 8489550 |
| &nbsp;&nbsp;&nbsp;&nbsp; France | 1282885 | &nbsp;&nbsp;&nbsp; 23124183 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 24407068 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | 354670 | &nbsp;&nbsp;&nbsp; 23607611 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 23962281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Guernsey | 83477 | &nbsp;&nbsp;&nbsp; 165441 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 248918 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong | 3921506 | &nbsp;&nbsp;&nbsp; 14782058 | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 18703564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ireland | 1136647 | &nbsp;&nbsp;&nbsp; 2179241 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3315888 |
| &nbsp;&nbsp;&nbsp;&nbsp; Israel | 220875 | &nbsp;&nbsp;&nbsp; 13906685 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 14127560 |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy | 302476 | &nbsp;&nbsp;&nbsp; 12463631 | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 12766107 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | 824072 | &nbsp;&nbsp;&nbsp; 200391021 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 201215093 |
| &nbsp;&nbsp;&nbsp;&nbsp; Jersey | 45318 | &nbsp;&nbsp;&nbsp; 1555197 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1600515 |
| &nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | 706737 | &nbsp;&nbsp;&nbsp; 2888861 | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 3595598 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Zealand | 3073167 | &nbsp;&nbsp;&nbsp; 1835792 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4908959 |
| &nbsp;&nbsp;&nbsp;&nbsp; Norway | 2256183 | &nbsp;&nbsp;&nbsp; 9744497 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 12000680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poland | 635733 | &nbsp;&nbsp;&nbsp; 7138330 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7774063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Portugal | 763237 | &nbsp;&nbsp;&nbsp; 1626311 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2389548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Republic of Korea | 141699 | &nbsp;&nbsp;&nbsp; 51409816 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 51551515 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore | 1456522 | &nbsp;&nbsp;&nbsp; 11534977 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 12991499 |
| &nbsp;&nbsp;&nbsp;&nbsp; Spain | 918275 | &nbsp;&nbsp;&nbsp; 9410096 | &nbsp;&nbsp;&nbsp; 0 <br><sup>\*</sup><br>| &nbsp;&nbsp;&nbsp; 10328371 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden | 339794 | &nbsp;&nbsp;&nbsp; 19763505 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 20103299 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | 269075 | &nbsp;&nbsp;&nbsp; 19591120 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 19860195 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 9373010 | &nbsp;&nbsp;&nbsp; 40304819 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 49677829 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | 1440723 | &nbsp;&nbsp;&nbsp; 62587 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1503310 |
| Preferred Stocks<sup>1</sup> <br>|  | &nbsp;&nbsp;&nbsp; 2772303 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2772303 |
| Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Italy |  | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 41285 | &nbsp;&nbsp;&nbsp; 41285 |
| Short-Term Investments<sup>1</sup> <br>| 5650039 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5650039 |
| **Liabilities** |  |  |  |  |
| Futures Contracts<sup>2</sup> <br>| (83382)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (83382)<br>|
| **Total** | **$88345654** | &nbsp;&nbsp; **$546656888** | &nbsp;&nbsp; **$41285** | &nbsp;&nbsp; **$635043827** |

---

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

<sup>\*</sup> Level 3 amount shown includes securities determined to have no value at July 31, 2025.

<sup>1</sup> As categorized in the Portfolio Holdings. 

<sup>2</sup> Futures contracts are reported at cumulative unrealized appreciation or depreciation.

**44**

------

Schwab Capital Trust

Schwab Fundamental Emerging Markets Equity Index Fund

------

**Portfolio Holdings** as of July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **COMMON STOCKS** 94.5% OF NET ASSETS | **COMMON STOCKS** 94.5% OF NET ASSETS | **COMMON STOCKS** 94.5% OF NET ASSETS |
| **Brazil 6.6%** | **Brazil 6.6%** | **Brazil 6.6%** |
| Ambev SA  | 1196580 | 2662605 |
| B3 SA - Brasil Bolsa Balcao  | 746559 | 1677226 |
| Banco Bradesco SA  | 581788 | 1392247 |
| Banco do Brasil SA  | 1050022 | 3694124 |
| Banco Santander Brasil SA  | 117322 | 553762 |
| Centrais Eletricas Brasileiras SA  | 201682 | 1361823 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de <br> Sao Paulo SABESP <br>| 71932 | 1391354 |
| Cia Energetica de Minas Gerais  | 110338 | 290055 |
| Cia Paranaense de Energia - Copel  | 289174 | 570132 |
| Cia Siderurgica Nacional SA  | 895992 | 1283292 |
| Cosan SA \* | 434548 | 460192 |
| Equatorial Energia SA  | 229197 | 1394530 |
| Itau Unibanco Holding SA  | 113518 | 635144 |
| Klabin SA  | 303034 | 1006587 |
| Localiza Rent a Car SA  | 87304 | 539925 |
| Marfrig Global Foods SA  | 267986 | 1019386 |
| Natura Cosmeticos SA \* | 275483 | 444252 |
| Petroleo Brasileiro SA  | 3014307 | 19266200 |
| Suzano SA  | 227056 | 2114629 |
| Telefonica Brasil SA  | 331037 | 1861050 |
| Ultrapar Participacoes SA  | 619713 | 1900237 |
| Vale SA  | 2600097 | 24823635 |
| Vibra Energia SA  | 1136209 | 4303737 |
|  |  | **74646124** |
| **Chile 0.5%** | **Chile 0.5%** | **Chile 0.5%** |
| Banco de Chile  | 8404573 | 1157756 |
| Cencosud SA  | 603164 | 1817039 |
| Empresas CMPC SA  | 373766 | 526518 |
| Empresas Copec SA  | 281540 | 1863888 |
| Enel Americas SA  | 5462639 | 544798 |
|  |  | **5909999** |
| **China 35.5%** | **China 35.5%** | **China 35.5%** |
| Agile Group Holdings Ltd. \* | 7120000 | 429800 |
| Agricultural Bank of China Ltd., A Shares  | 1509900 | 1318552 |
| &nbsp;&nbsp;&nbsp;&nbsp; Agricultural Bank of China Ltd., <br> H Shares <br>| 9265600 | 6070043 |
| Alibaba Group Holding Ltd.  | 2480892 | 37299629 |
| Aluminum Corp. of China Ltd., A Shares  | 526700 | 540214 |
| Aluminum Corp. of China Ltd., H Shares  | 1428000 | 1128643 |
| Anhui Conch Cement Co. Ltd., A Shares  | 273500 | 892425 |
| Anhui Conch Cement Co. Ltd., H Shares  | 788500 | 2282809 |
| ANTA Sports Products Ltd.  | 130600 | 1499038 |
| BAIC Motor Corp. Ltd., H Shares \* | 6909500 | 1887367 |
| Baidu, Inc., A Shares \* | 476900 | 5217922 |
| Bank of Beijing Co. Ltd., A Shares  | 1384100 | 1237681 |
| Bank of China Ltd., A Shares  | 816500 | 628516 |
| Bank of China Ltd., H Shares  | 26935234 | 15547374 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank of Communications Co. Ltd., <br> A Shares <br>| 1397900 | 1482239 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank of Communications Co. Ltd., <br> H Shares <br>| 2902000 | 2614317 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; BOE Technology Group Co. Ltd., <br> A Shares <br>| 2213000 | 1237939 |
| BYD Co. Ltd., A Shares  | 26400 | 382946 |
| BYD Co. Ltd., H Shares  | 179000 | 2613552 |
| CGN Power Co. Ltd., A Shares  | 176600 | 90045 |
| CGN Power Co. Ltd., H Shares  | 1588000 | 596567 |
| China CITIC Bank Corp. Ltd., A Shares  | 241100 | 273822 |
| China CITIC Bank Corp. Ltd., H Shares  | 4162000 | 3867003 |
| China Coal Energy Co. Ltd., A Shares  | 92300 | 151023 |
| China Coal Energy Co. Ltd., H Shares  | 944000 | 1159900 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Communications Services Corp. <br> Ltd., H Shares <br>| 1084000 | 631364 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Construction Bank Corp., <br> A Shares <br>| 592100 | 772436 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Construction Bank Corp., <br> H Shares <br>| 38120960 | 38990239 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Everbright Bank Co. Ltd., <br> A Shares <br>| 2116000 | 1187794 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Everbright Bank Co. Ltd., <br> H Shares <br>| 4303000 | 2022043 |
| China Hongqiao Group Ltd.  | 1364500 | 3599409 |
| China Life Insurance Co. Ltd., A Shares  | 13400 | 75914 |
| China Life Insurance Co. Ltd., H Shares  | 718000 | 2074022 |
| China Mengniu Dairy Co. Ltd.  | 961000 | 1999856 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Merchants Bank Co. Ltd., <br> A Shares <br>| 556300 | 3427172 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Merchants Bank Co. Ltd., <br> H Shares <br>| 955650 | 6201349 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Minsheng Banking Corp. Ltd., <br> A Shares <br>| 3747500 | 2538727 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Minsheng Banking Corp. Ltd., <br> H Shares <br>| 5745910 | 3458397 |
| &nbsp;&nbsp;&nbsp;&nbsp; China National Building Material Co. <br> Ltd., H Shares <br>| 10196562 | 6066386 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Pacific Insurance Group Co. Ltd., <br> A Shares <br>| 117400 | 608764 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Pacific Insurance Group Co. Ltd., <br> H Shares <br>| 608600 | 2451085 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Petroleum & Chemical Corp., <br> A Shares <br>| 1650500 | 1374016 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Petroleum & Chemical Corp., <br> H Shares <br>| 22342400 | 13111018 |
| China Railway Group Ltd., A Shares  | 1170200 | 922585 |
| China Railway Group Ltd., H Shares  | 3232000 | 1626121 |
| China Resources Gas Group Ltd.  | 144900 | 366786 |
| China Resources Land Ltd.  | 1316000 | 4825729 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Shenhua Energy Co. Ltd., <br> A Shares <br>| 106200 | 561118 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Shenhua Energy Co. Ltd., <br> H Shares <br>| 965000 | 4182453 |
| &nbsp;&nbsp;&nbsp;&nbsp; China State Construction Engineering <br> Corp. Ltd., A Shares <br>| 2887700 | 2263738 |
| China Tower Corp. Ltd., H Shares  | 1679900 | 2350709 |
| &nbsp;&nbsp;&nbsp;&nbsp; China United Network Communications <br> Ltd., A Shares <br>| 1787250 | 1326031 |
| China Vanke Co. Ltd., A Shares \* | 1556500 | 1387489 |
| China Vanke Co. Ltd., H Shares \* | 2698900 | 1712414 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Yongda Automobiles Services <br> Holdings Ltd. <br>| 5599000 | 1594952 |
| CITIC Securities Co. Ltd., A Shares  | 213600 | 857383 |

---

**45**

------

Schwab Fundamental Emerging Markets Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| CITIC Securities Co. Ltd., H Shares  | 239500 | 841505 |
| &nbsp;&nbsp;&nbsp;&nbsp; COSCO SHIPPING Holdings Co. Ltd., <br> A Shares <br>| 557400 | 1205372 |
| &nbsp;&nbsp;&nbsp;&nbsp; COSCO SHIPPING Holdings Co. Ltd., <br> H Shares <br>| 1662500 | 3038951 |
| CRRC Corp. Ltd., A Shares  | 487630 | 498023 |
| CRRC Corp. Ltd., H Shares  | 1192000 | 826005 |
| Daqo New Energy Corp., ADR \* | 36897 | 802879 |
| ENN Energy Holdings Ltd.  | 296400 | 2415665 |
| Geely Automobile Holdings Ltd.  | 1626000 | 3647147 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gree Electric Appliances, Inc. of Zhuhai, <br> A Shares <br>| 102000 | 644631 |
| &nbsp;&nbsp;&nbsp;&nbsp; Guangzhou R&F Properties Co. Ltd., <br> H Shares \**(a)*<br>| 3626946 | 414763 |
| Haier Smart Home Co. Ltd., A Shares  | 162400 | 557941 |
| Haier Smart Home Co. Ltd., H Shares  | 704800 | 2220385 |
| Hello Group, Inc., ADR  | 76552 | 630023 |
| &nbsp;&nbsp;&nbsp;&nbsp; Huaneng Power International, Inc., <br> A Shares <br>| 123200 | 125153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Huaneng Power International, Inc., <br> H Shares <br>| 780000 | 529484 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China <br> Ltd., A Shares <br>| 1261500 | 1322078 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China <br> Ltd., H Shares <br>| 23098172 | 17698390 |
| Industrial Bank Co. Ltd., A Shares  | 1134000 | 3555201 |
| iQIYI, Inc., ADR \* | 431297 | 793587 |
| JD.com, Inc., ADR  | 467488 | 14721197 |
| Jiangxi Copper Co. Ltd., A Shares  | 153700 | 477636 |
| Jiangxi Copper Co. Ltd., H Shares  | 1133000 | 2264560 |
| JinkoSolar Holding Co. Ltd., ADR  | 27009 | 592577 |
| KE Holdings, Inc., ADR  | 85531 | 1575481 |
| Kunlun Energy Co. Ltd.  | 2634000 | 2537465 |
| Kweichow Moutai Co. Ltd., A Shares  | 5700 | 1121743 |
| Li Ning Co. Ltd.  | 599500 | 1270154 |
| Longfor Group Holdings Ltd.  | 2207000 | 2746960 |
| Lufax Holding Ltd., ADR \* | 695964 | 2011336 |
| Meituan, B Shares \* | 177570 | 2739468 |
| Midea Group Co. Ltd., A Shares  | 180100 | 1749137 |
| NetEase, Inc.  | 192443 | 5030891 |
| PDD Holdings, Inc., ADR \* | 29313 | 3325560 |
| &nbsp;&nbsp;&nbsp;&nbsp; People's Insurance Co. Group of China <br> Ltd., A Shares <br>| 83900 | 95001 |
| &nbsp;&nbsp;&nbsp;&nbsp; People's Insurance Co. Group of China <br> Ltd., H Shares <br>| 1082000 | 831266 |
| PetroChina Co. Ltd., A Shares  | 913400 | 1123012 |
| PetroChina Co. Ltd., H Shares  | 12584000 | 12297478 |
| &nbsp;&nbsp;&nbsp;&nbsp; PICC Property & Casualty Co. Ltd., <br> H Shares <br>| 2334000 | 4844408 |
| Ping An Bank Co. Ltd., A Shares  | 859500 | 1456620 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ping An Insurance Group Co. of China <br> Ltd., A Shares <br>| 653900 | 5312359 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ping An Insurance Group Co. of China <br> Ltd., H Shares <br>| 2526000 | 17341901 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poly Developments & Holdings Group <br> Co. Ltd., A Shares \*<br>| 533500 | 589523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Postal Savings Bank of China Co. Ltd., <br> A Shares <br>| 495200 | 393969 |
| &nbsp;&nbsp;&nbsp;&nbsp; Postal Savings Bank of China Co. Ltd., <br> H Shares <br>| 3508000 | 2478087 |
| Seazen Group Ltd. \* | 2454000 | 782252 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shanghai Pudong Development Bank <br> Co. Ltd., A Shares <br>| 1661400 | 2947287 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shenzhou International Group Holdings <br> Ltd. <br>| 139900 | 1006827 |
| Sinopharm Group Co. Ltd., H Shares  | 1375200 | 3305467 |
| Sunac China Holdings Ltd. \**(a)* | 6306000 | 1249992 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunny Optical Technology Group Co. <br> Ltd. <br>| 94400 | 874647 |
| Tencent Holdings Ltd.  | 462100 | 32352636 |
| Vipshop Holdings Ltd., ADR  | 266847 | 4026721 |
| Weichai Power Co. Ltd., A Shares  | 306800 | 642434 |
| Weichai Power Co. Ltd., H Shares  | 674000 | 1428790 |
| Xiaomi Corp., B Shares \* | 1436200 | 9662682 |
| &nbsp;&nbsp;&nbsp;&nbsp; Yankuang Energy Group Co. Ltd., <br> A Shares <br>| 141585 | 247358 |
| &nbsp;&nbsp;&nbsp;&nbsp; Yankuang Energy Group Co. Ltd., <br> H Shares <br>| 1355600 | 1545565 |
| Zhongsheng Group Holdings Ltd.  | 1036500 | 1743508 |
| Zijin Mining Group Co. Ltd., A Shares  | 333700 | 883032 |
| Zijin Mining Group Co. Ltd., H Shares  | 742000 | 1967531 |
| ZTO Express Cayman, Inc.  | 20450 | 398665 |
| ZTO Express Cayman, Inc., ADR  | 39494 | 777637 |
|  |  | **401554868** |
| **Colombia 0.2%** | **Colombia 0.2%** | **Colombia 0.2%** |
| Ecopetrol SA, ADR *(a)* | 163377 | 1372367 |
| Grupo Cibest SA  | 78419 | 1021046 |
|  |  | **2393413** |
| **Czech Republic 0.2%** | **Czech Republic 0.2%** | **Czech Republic 0.2%** |
| CEZ AS  | 38725 | **2243703** |
| **Greece 0.4%** | **Greece 0.4%** | **Greece 0.4%** |
| Alpha Bank SA  | 313988 | 1175298 |
| Motor Oil Hellas Corinth Refineries SA  | 28225 | 808574 |
| National Bank of Greece SA  | 137420 | 1916810 |
|  |  | **3900682** |
| **Hong Kong 2.8%** | **Hong Kong 2.8%** | **Hong Kong 2.8%** |
| BOC Hong Kong Holdings Ltd.  | 739000 | 3318298 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Everbright Environment Group <br> Ltd. <br>| 2619000 | 1401664 |
| China Jinmao Holdings Group Ltd.  | 5132000 | 933797 |
| China Overseas Land & Investment Ltd.  | 3025000 | 5231734 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Resources Power Holdings Co. <br> Ltd. <br>| 676000 | 1675188 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Taiping Insurance Holdings Co. <br> Ltd. <br>| 386600 | 859026 |
| CITIC Ltd.  | 5947000 | 8921530 |
| CSPC Pharmaceutical Group Ltd.  | 2190000 | 2752380 |
| Fosun International Ltd.  | 1262500 | 871271 |
| Lenovo Group Ltd.  | 2838000 | 3639023 |
| Orient Overseas International Ltd.  | 102500 | 1844208 |
|  |  | **31448119** |
| **Hungary 0.6%** | **Hungary 0.6%** | **Hungary 0.6%** |
| MOL Hungarian Oil & Gas PLC  | 477500 | 4148769 |
| OTP Bank Nyrt  | 32671 | 2651117 |
|  |  | **6799886** |
| **India 9.7%** | **India 9.7%** | **India 9.7%** |
| Axis Bank Ltd.  | 250420 | 3041119 |
| Bajaj Finserv Ltd.  | 26501 | 586402 |
| Bharat Petroleum Corp. Ltd.  | 1060205 | 3961918 |
| Bharti Airtel Ltd.  | 161199 | 3509163 |
| Coal India Ltd.  | 357178 | 1527452 |
| GAIL India Ltd.  | 787043 | 1585428 |
| Grasim Industries Ltd.  | 59386 | 1855423 |
| HCL Technologies Ltd.  | 116446 | 1941167 |

---

**46**

------

Schwab Fundamental Emerging Markets Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| HDFC Bank Ltd.  | 346662 | 7955303 |
| Hindalco Industries Ltd.  | 442490 | 3425588 |
| Hindustan Petroleum Corp. Ltd.  | 516852 | 2453931 |
| Hindustan Unilever Ltd.  | 48945 | 1405680 |
| ICICI Bank Ltd.  | 367625 | 6190545 |
| Indian Oil Corp. Ltd. \* | 1849795 | 3055925 |
| IndusInd Bank Ltd. \* | 104433 | 947478 |
| Infosys Ltd.  | 356244 | 6058623 |
| ITC Hotels Ltd. \* | 27078 | 70979 |
| ITC Ltd.  | 692808 | 3249058 |
| JSW Steel Ltd.  | 144430 | 1722871 |
| Kotak Mahindra Bank Ltd.  | 75938 | 1710909 |
| Larsen & Toubro Ltd.  | 84388 | 3489920 |
| Mahindra & Mahindra Ltd.  | 64284 | 2341775 |
| Maruti Suzuki India Ltd.  | 12463 | 1787679 |
| NTPC Ltd.  | 774321 | 2938794 |
| Oil & Natural Gas Corp. Ltd.  | 1426064 | 3907043 |
| Power Finance Corp. Ltd.  | 341832 | 1591176 |
| Power Grid Corp. of India Ltd.  | 567738 | 1876810 |
| Rajesh Exports Ltd. \* | 900209 | 1925845 |
| Reliance Industries Ltd.  | 721107 | 11388071 |
| Shriram Finance Ltd.  | 99606 | 713387 |
| State Bank of India  | 373587 | 3384863 |
| Steel Authority of India Ltd.  | 479072 | 676505 |
| Sun Pharmaceutical Industries Ltd.  | 55245 | 1072860 |
| Tata Consultancy Services Ltd.  | 89975 | 3102918 |
| Tata Motors Ltd.  | 312509 | 2362150 |
| Tata Steel Ltd.  | 2677292 | 4807963 |
| Tech Mahindra Ltd.  | 78627 | 1304426 |
| UltraTech Cement Ltd.  | 3990 | 555543 |
| UPL Ltd.  | 83646 | 669197 |
| Vedanta Ltd.  | 428714 | 2070414 |
| Wipro Ltd.  | 399404 | 1123506 |
|  |  | **109345807** |
| **Indonesia 1.3%** | **Indonesia 1.3%** | **Indonesia 1.3%** |
| Alamtri Resources Indonesia Tbk. PT  | 7738000 | 867409 |
| Astra International Tbk. PT  | 8981800 | 2776458 |
| Bank Central Asia Tbk. PT  | 3249900 | 1628835 |
| Bank Mandiri Persero Tbk. PT  | 6124900 | 1667386 |
| Bank Rakyat Indonesia Persero Tbk. PT  | 12225996 | 2737773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Telkom Indonesia Persero Tbk. PT, <br> Class B <br>| 20995000 | 3686616 |
| United Tractors Tbk. PT  | 907100 | 1329190 |
|  |  | **14693667** |
| **Kuwait 0.6%** | **Kuwait 0.6%** | **Kuwait 0.6%** |
| Kuwait Finance House KSCP  | 697276 | 1836085 |
| Mobile Telecommunications Co. KSCP  | 999604 | 1735328 |
| National Bank of Kuwait SAKP  | 923025 | 3159308 |
|  |  | **6730721** |
| **Malaysia 0.8%** | **Malaysia 0.8%** | **Malaysia 0.8%** |
| Axiata Group Bhd.  | 1142213 | 721333 |
| CIMB Group Holdings Bhd.  | 831653 | 1271278 |
| Malayan Banking Bhd.  | 1053240 | 2316517 |
| Public Bank Bhd.  | 1651025 | 1626042 |
| Sime Darby Bhd.  | 1313400 | 500677 |
| Tenaga Nasional Bhd.  | 691500 | 2106272 |
|  |  | **8542119** |
| **Mexico 3.8%** | **Mexico 3.8%** | **Mexico 3.8%** |
| Alfa SAB de CV, A Shares  | 3248034 | 2379424 |
| America Movil SAB de CV, Series B  | 8478807 | 7654073 |
| Cemex SAB de CV, Series CPO  | 6543455 | 5712733 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Controladora Alpek SAB de CV \* | 2837274 | 407581 |
| Fibra Uno Administracion SA de CV  | 459680 | 654736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fomento Economico Mexicano SAB de <br> CV <br>| 514599 | 4645712 |
| Grupo Bimbo SAB de CV, Series A  | 445410 | 1292433 |
| Grupo Comercial Chedraui SA de CV  | 136381 | 1104711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Grupo Financiero Banorte SAB de CV, <br> O Shares <br>| 637223 | 5678767 |
| Grupo Mexico SAB de CV, Series B  | 881496 | 5517936 |
| Grupo Televisa SAB, Series CPO  | 4853049 | 2693423 |
| Nemak SAB de CV \* | 4987420 | 909447 |
| Orbia Advance Corp. SAB de CV  | 1662108 | 1137440 |
| Wal-Mart de Mexico SAB de CV  | 1183621 | 3489062 |
|  |  | **43277478** |
| **Netherlands 0.3%** | **Netherlands 0.3%** | **Netherlands 0.3%** |
| JBS NV \* | 256971 | **3528587** |
| **Qatar 0.8%** | **Qatar 0.8%** | **Qatar 0.8%** |
| Industries Qatar QSC  | 166653 | 608299 |
| Ooredoo QPSC  | 381713 | 1410652 |
| Qatar Fuel QSC  | 361055 | 1507288 |
| Qatar Islamic Bank QPSC  | 202739 | 1365892 |
| Qatar National Bank QPSC  | 794997 | 4089963 |
|  |  | **8982094** |
| **Saudi Arabia 2.1%** | **Saudi Arabia 2.1%** | **Saudi Arabia 2.1%** |
| Al Rajhi Bank  | 77624 | 1957217 |
| Riyad Bank  | 149337 | 1120551 |
| Saudi Arabian Mining Co. \* | 41282 | 570746 |
| Saudi Arabian Oil Co.  | 1044514 | 6758685 |
| Saudi Basic Industries Corp.  | 339014 | 4939115 |
| Saudi Electricity Co.  | 376830 | 1481775 |
| Saudi National Bank  | 234090 | 2336006 |
| Saudi Telecom Co.  | 379103 | 4243559 |
|  |  | **23407654** |
| **South Africa 4.7%** | **South Africa 4.7%** | **South Africa 4.7%** |
| Absa Group Ltd.  | 287268 | 2835572 |
| Bid Corp. Ltd.  | 68992 | 1734624 |
| Bidvest Group Ltd.  | 87196 | 1134315 |
| Exxaro Resources Ltd.  | 55330 | 483797 |
| FirstRand Ltd.  | 993546 | 4219150 |
| Gold Fields Ltd.  | 129347 | 3154375 |
| Impala Platinum Holdings Ltd. \* | 646238 | 6107866 |
| MTN Group Ltd.  | 946783 | 7957734 |
| Naspers Ltd., N Shares  | 2649 | 817699 |
| Nedbank Group Ltd.  | 149975 | 2046485 |
| Old Mutual Ltd.  | 892716 | 625814 |
| Sanlam Ltd.  | 317795 | 1528940 |
| Sappi Ltd.  | 547239 | 829345 |
| Sasol Ltd. \* | 833070 | 4285392 |
| Shoprite Holdings Ltd.  | 116477 | 1697704 |
| Sibanye Stillwater Ltd. \* | 2908441 | 6117276 |
| Standard Bank Group Ltd.  | 325523 | 4188658 |
| Valterra Platinum Ltd.  | 40438 | 1816067 |
| Vodacom Group Ltd.  | 192556 | 1470154 |
|  |  | **53050967** |
| **Taiwan 18.1%** | **Taiwan 18.1%** | **Taiwan 18.1%** |
| Acer, Inc.  | 1180496 | 1261196 |
| ASE Technology Holding Co. Ltd.  | 1068000 | 5179143 |
| Asia Cement Corp.  | 376000 | 508265 |
| Asustek Computer, Inc.  | 186041 | 4083862 |

---

**47**

------

Schwab Fundamental Emerging Markets Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| AUO Corp. \* | 5113440 | 2038582 |
| Catcher Technology Co. Ltd.  | 191000 | 1348866 |
| Cathay Financial Holding Co. Ltd.  | 1358622 | 2753704 |
| Chailease Holding Co. Ltd.  | 328493 | 1268197 |
| China Steel Corp.  | 5077198 | 3297144 |
| Chunghwa Telecom Co. Ltd.  | 795956 | 3439548 |
| Compal Electronics, Inc.  | 3426305 | 3352990 |
| CTBC Financial Holding Co. Ltd.  | 2678201 | 3680107 |
| Delta Electronics, Inc.  | 212590 | 4004791 |
| E.Sun Financial Holding Co. Ltd.  | 643680 | 688411 |
| Eva Airways Corp.  | 450000 | 567405 |
| Evergreen Marine Corp. Taiwan Ltd.  | 1219000 | 8044052 |
| Far Eastern New Century Corp.  | 1235817 | 1184461 |
| &nbsp;&nbsp;&nbsp;&nbsp; Far EasTone Telecommunications Co. <br> Ltd. <br>| 196000 | 534570 |
| First Financial Holding Co. Ltd.  | 1480591 | 1462578 |
| Formosa Chemicals & Fibre Corp.  | 2372442 | 2278410 |
| Formosa Petrochemical Corp.  | 330330 | 482684 |
| Formosa Plastics Corp.  | 2324732 | 3306915 |
| Fubon Financial Holding Co. Ltd.  | 1298351 | 3563544 |
| Hon Hai Precision Industry Co. Ltd.  | 5093572 | 29952646 |
| Innolux Corp.  | 6539411 | 2508063 |
| Inventec Corp.  | 969639 | 1432083 |
| KGI Financial Holding Co. Ltd.  | 2960000 | 1499404 |
| Largan Precision Co. Ltd.  | 8050 | 631387 |
| Lite-On Technology Corp., ADR  | 472167 | 1866710 |
| MediaTek, Inc.  | 175838 | 7962747 |
| Mega Financial Holding Co. Ltd.  | 1190213 | 1693072 |
| Micro-Star International Co. Ltd.  | 247000 | 1180000 |
| Nan Ya Plastics Corp.  | 2638622 | 3598810 |
| Novatek Microelectronics Corp.  | 119000 | 1880637 |
| Pegatron Corp.  | 1404264 | 3738390 |
| Pou Chen Corp.  | 1325267 | 1246294 |
| Powertech Technology, Inc.  | 301000 | 1257256 |
| Quanta Computer, Inc.  | 402500 | 3748949 |
| Realtek Semiconductor Corp.  | 32000 | 611868 |
| Synnex Technology International Corp.  | 665850 | 1475640 |
| Taishin Financial Holding Co. Ltd.  | 1076000 | 587265 |
| Taiwan Mobile Co. Ltd.  | 383196 | 1350881 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing <br> Co. Ltd. <br>| 1347803 | 51889408 |
| TCC Group Holdings Co. Ltd.  | 1872926 | 1519265 |
| Unimicron Technology Corp.  | 161000 | 730826 |
| Uni-President Enterprises Corp.  | 1137678 | 3002632 |
| United Microelectronics Corp.  | 3103965 | 4301080 |
| Wan Hai Lines Ltd.  | 627000 | 1854298 |
| Wistron Corp.  | 866682 | 3527275 |
| WPG Holdings Ltd.  | 993880 | 2202202 |
| WT Microelectronics Co. Ltd.  | 162000 | 742926 |
| Yageo Corp.  | 75517 | 1326957 |
| Yang Ming Marine Transport Corp.  | 1930000 | 3915415 |
| Yuanta Financial Holding Co. Ltd.  | 1900891 | 1971761 |
| Zhen Ding Technology Holding Ltd.  | 299000 | 1247029 |
|  |  | **204782601** |
| **Thailand 2.9%** | **Thailand 2.9%** | **Thailand 2.9%** |
| Advanced Info Service PCL NVDR  | 152775 | 1357368 |
| Bangkok Bank PCL NVDR  | 539200 | 2437221 |
| Banpu PCL NVDR  | 11053100 | 1702754 |
| Charoen Pokphand Foods PCL NVDR  | 2313400 | 1613408 |
| CP ALL PCL NVDR  | 870600 | 1257876 |
| Kasikornbank PCL NVDR  | 728600 | 3602808 |
| &nbsp;&nbsp;&nbsp;&nbsp; PTT Exploration & Production PCL <br> NVDR <br>| 485400 | 1868658 |
| PTT Global Chemical PCL NVDR  | 2632000 | 1898027 |
| PTT PCL NVDR  | 9624070 | 9785498 |
| SCB X PCL NVDR  | 760600 | 2938303 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Siam Cement PCL NVDR  | 492200 | 3022724 |
| Thai Oil PCL NVDR  | 1183585 | 1244951 |
|  |  | **32729596** |
| **Turkey 1.5%** | **Turkey 1.5%** | **Turkey 1.5%** |
| Akbank TAS  | 1253273 | 2077874 |
| BIM Birlesik Magazalar AS  | 112760 | 1473569 |
| Eregli Demir ve Celik Fabrikalari TAS  | 2710027 | 1777215 |
| Haci Omer Sabanci Holding AS  | 363378 | 851355 |
| KOC Holding AS  | 632191 | 2785041 |
| Turk Hava Yollari AO  | 261600 | 1852033 |
| Turkcell Iletisim Hizmetleri AS  | 440563 | 1010029 |
| Turkiye Is Bankasi AS, Class C  | 3944169 | 1435839 |
| Turkiye Petrol Rafinerileri AS  | 572241 | 2377451 |
| Yapi ve Kredi Bankasi AS \* | 1831608 | 1514780 |
|  |  | **17155186** |
| **United Arab Emirates 0.8%** | **United Arab Emirates 0.8%** | **United Arab Emirates 0.8%** |
| Dubai Electricity & Water Authority PJSC  | 755227 | 568647 |
| Emaar Properties PJSC  | 677410 | 2805358 |
| Emirates NBD Bank PJSC  | 279891 | 2038384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Emirates Telecommunications Group Co. <br> PJSC <br>| 407115 | 2099279 |
| First Abu Dhabi Bank PJSC  | 352297 | 1723471 |
|  |  | **9235139** |
| **United States 0.3%** | **United States 0.3%** | **United States 0.3%** |
| Yum China Holdings, Inc.  | 71820 | **3352558** |
| **Total Common Stocks**<br> **(Cost $769,296,742)** | **Total Common Stocks**<br> **(Cost $769,296,742)** | **1067710968** |
| **PREFERRED STOCKS** 4.1% OF NET ASSETS | **PREFERRED STOCKS** 4.1% OF NET ASSETS | **PREFERRED STOCKS** 4.1% OF NET ASSETS |
| **Brazil 3.8%** | **Brazil 3.8%** | **Brazil 3.8%** |
| Banco Bradesco SA  | 2065080 | 5727370 |
| &nbsp;&nbsp;&nbsp;&nbsp; Centrais Eletricas Brasileiras SA, <br> B Shares <br>| 39725 | 290158 |
| Cia Energetica de Minas Gerais  | 667281 | 1230994 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cia Paranaense de Energia - Copel, <br> B Shares <br>| 360969 | 764542 |
| Gerdau SA  | 1227498 | 3691559 |
| Itau Unibanco Holding SA  | 1284336 | 8064443 |
| Metalurgica Gerdau SA  | 1400411 | 2343376 |
| Petroleo Brasileiro SA  | 3555873 | 20727325 |
| Raizen SA  | 616420 | 156319 |
|  |  | **42996086** |
| **Chile 0.2%** | **Chile 0.2%** | **Chile 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Sociedad Quimica y Minera de Chile SA, <br> B Shares \*<br>| 52148 | **1917864** |
| **Colombia 0.1%** | **Colombia 0.1%** | **Colombia 0.1%** |
| Grupo Cibest SA  | 162830 | **1781672** |
| **Total Preferred Stocks**<br> **(Cost $37,844,686)** | **Total Preferred Stocks**<br> **(Cost $37,844,686)** | **46695622** |

---

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

**48**

------

Schwab Fundamental Emerging Markets Equity Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **SHORT-TERM INVESTMENTS** 0.3% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.3% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 0.3% OF NET ASSETS |
| **Money Market Funds 0.3%** | **Money Market Funds 0.3%** | **Money Market Funds 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund, Premier Class 4.25% *(b)(c)*<br>| 3293625 | **3293625** |
| **Total Short-Term Investments**<br> **(Cost $3,293,625)** | **Total Short-Term Investments**<br> **(Cost $3,293,625)** | **3293625** |
| **Total Investments in Securities**<br> **(Cost $810,435,053)** | **Total Investments in Securities**<br> **(Cost $810,435,053)** | **1117700215** |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | NUMBER OF<br> CONTRACTS<br>| NOTIONAL<br> AMOUNT<br> ($)<br>| CURRENT VALUE/<br> UNREALIZED<br> DEPRECIATION<br> ($)<br>|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Long** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index, <br> expires 09/19/25<br>| 222 | 13745130 | **(106140)**<br>|

---

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

\* Non-income producing security.

*(a)* All or a portion of this security is on loan. Securities on loan were valued at $2,841,899. 

*(b)* The rate shown is the annualized 7-day yield.

*(c)* Security purchased with cash collateral received for securities on loan.

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

ADR — American Depositary Receipt <br> NVDR — Non-Voting Depositary Receipt

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

------

The following is a summary of the inputs used to value the fund's investments as of July 31, 2025 (see notes to portfolio holdings for additional information):

---

| | | | | |
|:---|:---|:---|:---|:---|
| DESCRIPTION | QUOTED PRICES IN<br> ACTIVE MARKETS FOR<br> IDENTICAL ASSETS<br> (LEVEL 1)<br>| &nbsp;&nbsp; OTHER SIGNIFICANT<br> OBSERVABLE INPUTS<br> (LEVEL 2)<br>| &nbsp;&nbsp; SIGNIFICANT<br> UNOBSERVABLE INPUTS<br> (LEVEL 3)<br>| TOTAL |
| **Assets** |  |  |  |  |
| Common Stocks<sup>1</sup> <br>| $— | &nbsp;&nbsp;&nbsp; $421216901 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $421216901 |
| &nbsp;&nbsp;&nbsp;&nbsp; Brazil | 74646124 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 74646124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chile | 5909999 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5909999 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | 29256998 | &nbsp;&nbsp;&nbsp; 372297870 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 401554868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colombia | 2393413 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2393413 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mexico | 43277478 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 43277478 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 3528587 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3528587 |
| &nbsp;&nbsp;&nbsp;&nbsp; Qatar | 2115587 | &nbsp;&nbsp;&nbsp; 6866507 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 8982094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Saudi Arabia | 4939115 | &nbsp;&nbsp;&nbsp; 18468539 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 23407654 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa | 9587518 | &nbsp;&nbsp;&nbsp; 43463449 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 53050967 |
| &nbsp;&nbsp;&nbsp;&nbsp; Turkey | 1473569 | &nbsp;&nbsp;&nbsp; 15681617 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 17155186 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates | 4137663 | &nbsp;&nbsp;&nbsp; 5097476 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 9235139 |
| &nbsp;&nbsp;&nbsp;&nbsp; United States | 3352558 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3352558 |
| Preferred Stocks<sup>1</sup> <br>| 46695622 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 46695622 |
| Short-Term Investments<sup>1</sup> <br>| 3293625 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3293625 |
| **Liabilities** |  |  |  |  |
| Futures Contracts<sup>2</sup> <br>| (106140)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (106140)<br>|
| **Total** | **$234501716** | &nbsp;&nbsp; **$883092359** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$1117594075** |

---

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

<sup>1</sup> As categorized in the Portfolio Holdings. <br> <sup>2</sup> Futures contracts are reported at cumulative unrealized appreciation or depreciation.

**49**

------

Schwab Fundamental Index Funds

**Notes to Portfolio Holdings (Unaudited)** 

------

Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the 1940 Act), the Board of Trustees (the Board) has designated authority to a Valuation Designee, the funds' investment adviser, to make fair valuation determinations under adopted procedures, subject to Board 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 the funds' 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. Securities that are primarily traded on foreign exchanges are valued at the official closing price or the last sales price on the exchange where the securities are principally traded with these values then translated into U.S. dollars at the current exchange rate, unless these securities are fair valued as discussed below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Foreign equity security fair valuation:** The Valuation Designee has adopted procedures to fair value foreign equity securities that are traded in markets that close prior to the valuation of a fund's holdings. By fair valuing securities whose prices may have been affected by events occurring after the close of trading, the Valuation Designee seeks to establish prices that investors might expect to realize upon the current sales of these securities. This methodology is designed to deter "arbitrage" market timers, who seek to exploit delays between the change in the value of a fund's portfolio holdings and the net asset value (NAV) of a fund's shares and seeks to help ensure that the prices at which a fund's shares are purchased and redeemed are fair and do not result in dilution of shareholder interest or other harm to shareholders. When fair value pricing is used at the open or close of a reporting period, it may cause a temporary divergence between the return of a fund and that of its comparative index or benchmark.

&nbsp;&nbsp;&nbsp;&nbsp;● **Futures contracts:** Futures contracts are valued at their settlement prices as of the close of their exchanges.

&nbsp;&nbsp;&nbsp;&nbsp;● **Mutual funds:** Mutual funds are valued at their respective NAVs.

&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 (ETFs) and futures contracts. Mutual funds and ETFs 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. In addition, international securities whose markets close

**50**

------

Schwab Fundamental Index Funds

**Notes to Portfolio Holdings (Unaudited) (continued)**

------

hours before the valuation of a fund's holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of foreign markets. The Valuation Designee has approved a vendor that calculates fair valuations of international equity securities based on a number of factors that appear to correlate to the movements in the U.S. markets.

&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.

REG87631JUL25

**51**

------

## 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:** 211 MAIN STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** Schwab Fundamental Emerging Markets Equity Index Fund

- **b. EDGAR series identifier (if any):** S000019900

- **c. LEI of Series:** 549300N1SG6LIZ07FT30

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1134991622.57

**Total Liabilities:** $7723778.49

**Net Assets:** $1127267844.08

**Cash Not Reported:** $11556388.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055852 | 3.91%                | 5.39%                | 1.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $113803.81               | $35850372.48                               |
| Month 2  | $4630869.16              | $41428360.38                               |
| Month 3  | $-39955.38               | $13216993.53                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AUO Corp                                                   | AUO Corp                                                   | CUSIP: 000000000<br>LEI: 391200L7PIS4QXYJUQ72 | Long             | EC               | CORP              | TW        |   5113440 | NS      | $2038582.18   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| HCL Technologies Ltd                                       | HCL Technologies Ltd                                       | CUSIP: 000000000<br>LEI: 549300C1F8OLYSOQYB65 | Long             | EC               | CORP              | IN        |    116446 | NS      | $1941166.74   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SCB X PCL                                                  | SCB X PCL                                                  | CUSIP: 000000000<br>LEI: 254900TG41KIWX7VDO42 | Long             | EC               | CORP              | TH        |    760600 | NS      | $2938303.44   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| China Steel Corp                                           | China Steel Corp                                           | CUSIP: 000000000<br>LEI: 529900D3N7UIJMVJ9120 | Long             | EC               | CORP              | TW        |   5077198 | NS      | $3297143.69   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodacom Group Ltd                                          | Vodacom Group Ltd                                          | CUSIP: 000000000<br>LEI: 37890012A8DC24B8D663 | Long             | EC               | CORP              | ZA        |    192556 | NS      | $1470153.76   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Emirates NBD Bank PJSC                                     | Emirates NBD Bank PJSC                                     | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | EC               | CORP              | AE        |    279891 | NS      | $2038383.43   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zijin Mining Group Co Ltd                                  | Zijin Mining Group Co Ltd                                  | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |    742000 | NS      | $1967530.77   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Orient Overseas International Ltd                          | Orient Overseas International Ltd                          | CUSIP: 000000000<br>LEI: 529900DQ426GJO276W95 | Long             | EC               | CORP              | BM        |    102500 | NS      | $1844208.16   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Arabian Mining Co                                    | Saudi Arabian Mining Co                                    | CUSIP: 000000000<br>LEI: 254900R4HAVLB4GY9713 | Long             | EC               | CORP              | SA        |     41282 | NS      | $570746.17    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd                    | Ping An Insurance Group Co of China Ltd                    | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |   2526000 | NS      | $17341901.29  | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco do Brasil SA                                         | Banco do Brasil SA                                         | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | EC               | CORP              | BR        |   1050022 | NS      | $3694124.24   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lite-On Technology Corp                                    | Lite-On Technology Corp                                    | CUSIP: 000000000<br>LEI: 2549005GU1PQ73SZBT32 | Long             | EC               | CORP              | TW        |    472167 | NS      | $1866709.95   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC Hong Kong Holdings Ltd                                 | BOC Hong Kong Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |    739000 | NS      | $3318298.00   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Fields Ltd                                            | Gold Fields Ltd                                            | CUSIP: 000000000<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |    129347 | NS      | $3154375.00   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Pegatron Corp                                              | Pegatron Corp                                              | CUSIP: 000000000<br>LEI: 529900M87JQS8TUO0L66 | Long             | EC               | CORP              | TW        |   1404264 | NS      | $3738389.54   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Empresas Copec SA                                          | Empresas Copec SA                                          | CUSIP: 000000000<br>LEI: 549300Q3IDJYG6Z7PA50 | Long             | EC               | CORP              | CL        |    281540 | NS      | $1863887.95   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                                                | Xiaomi Corp                                                | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |   1436200 | NS      | $9662682.25   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIC Securities Co Ltd                                    | CITIC Securities Co Ltd                                    | CUSIP: 000000000<br>LEI: 300300E1006744000068 | Long             | EC               | CORP              | CN        |    239500 | NS      | $841505.40    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Basic Industries Corp                                | Saudi Basic Industries Corp                                | CUSIP: 000000000<br>LEI: 213800ZCTFZZZJSK8645 | Long             | EC               | CORP              | SA        |    339014 | NS      | $4939115.22   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TCC Group Holdings Co Ltd                                  | TCC Group Holdings Co Ltd                                  | CUSIP: 000000000<br>LEI: 529900C56C3PB9X9ZO58 | Long             | EC               | CORP              | TW        |   1872926 | NS      | $1519264.74   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| China Coal Energy Co Ltd                                   | China Coal Energy Co Ltd                                   | CUSIP: 000000000<br>LEI: 529900KRC89344UI3Z10 | Long             | EC               | CORP              | CN        |    944000 | NS      | $1159900.02   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel Americas SA                                           | Enel Americas SA                                           | CUSIP: 000000000<br>LEI: 549300LKH11TFCJLZK20 | Long             | EC               | CORP              | CL        |   5462639 | NS      | $544798.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WPG Holdings Ltd                                           | WPG Holdings Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    993880 | NS      | $2202202.36   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Mexico SAB de CV                                     | Grupo Mexico SAB de CV                                     | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |    881496 | NS      | $5517936.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd                             | COSCO SHIPPING Holdings Co Ltd                             | CUSIP: 000000000<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               | CORP              | CN        |    557400 | NS      | $1205372.15   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Chailease Holding Co Ltd                                   | Chailease Holding Co Ltd                                   | CUSIP: 000000000<br>LEI: 529900L76E6T0JCM3J27 | Long             | EC               | CORP              | KY        |    328493 | NS      | $1268197.09   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| China United Network Communications Ltd                    | China United Network Communications Ltd                    | CUSIP: 000000000<br>LEI: 300300UTFDNZL9GJRR78 | Long             | EC               | CORP              | CN        |   1787250 | NS      | $1326031.24   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                                              | Axis Bank Ltd                                              | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |    250420 | NS      | $3041119.52   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| GAIL India Ltd                                             | GAIL India Ltd                                             | CUSIP: 000000000<br>LEI: 335800N82LJD42ZA5L32 | Long             | EC               | CORP              | IN        |    787043 | NS      | $1585427.95   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Larsen & Toubro Ltd                                        | Larsen & Toubro Ltd                                        | CUSIP: 000000000<br>LEI: 3358003FR3JIC5FRXA90 | Long             | EC               | CORP              | IN        |     84388 | NS      | $3489920.47   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunny Optical Technology Group Co Ltd                      | Sunny Optical Technology Group Co Ltd                      | CUSIP: 000000000<br>LEI: 3003004QIVP0DFVVWM94 | Long             | EC               | CORP              | KY        |     94400 | NS      | $874646.97    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd                                     | Kweichow Moutai Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5700 | NS      | $1121743.29   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Cibest SA                                            | Grupo Cibest SA                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CO        |     78419 | NS      | $1021046.58   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindalco Industries Ltd                                    | Hindalco Industries Ltd                                    | CUSIP: 000000000<br>LEI: 335800KXLE5NO5B4GF90 | Long             | EC               | CORP              | IN        |    442490 | NS      | $3425587.97   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzano SA                                                  | Suzano SA                                                  | CUSIP: 000000000<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |    227056 | NS      | $2114628.93   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Aluminum Corp of China Ltd                                 | Aluminum Corp of China Ltd                                 | CUSIP: 000000000<br>LEI: 529900TKZUWQLIQN6T48 | Long             | EC               | CORP              | CN        |    526700 | NS      | $540213.61    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ultrapar Participacoes SA                                  | Ultrapar Participacoes SA                                  | CUSIP: 000000000<br>LEI: 529900FU4XBXGQMLRE72 | Long             | EC               | CORP              | BR        |    619713 | NS      | $1900237.02   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Riyad Bank                                                 | Riyad Bank                                                 | CUSIP: 000000000<br>LEI: 54930037RJ782ISGGM71 | Long             | EC               | CORP              | SA        |    149337 | NS      | $1120550.66   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| China Shenhua Energy Co Ltd                                | China Shenhua Energy Co Ltd                                | CUSIP: 000000000<br>LEI: 529900N9JOX4C108MA40 | Long             | EC               | CORP              | CN        |    106200 | NS      | $561117.83    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT PCL                                                    | PTT PCL                                                    | CUSIP: 000000000<br>LEI: 549300QOGMPTKB6W7G56 | Long             | EC               | CORP              | TH        |   9624070 | NS      | $9785498.17   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| CP ALL PCL                                                 | CP ALL PCL                                                 | CUSIP: 000000000<br>LEI: 894500LSBZLM09TY1A91 | Long             | EC               | CORP              | TH        |    870600 | NS      | $1257875.89   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| PDD Holdings Inc                                           | PDD Holdings Inc                                           | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |     29313 | NS      | $3325559.85   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd                                | China Merchants Bank Co Ltd                                | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |    556300 | NS      | $3427172.29   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Nemak SAB de CV                                            | Nemak SAB de CV                                            | CUSIP: 000000000<br>LEI: 5493000MY3DAIB0BP706 | Long             | EC               | CORP              | MX        |   4987420 | NS      | $909447.38    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Telecom Co                                           | Saudi Telecom Co                                           | CUSIP: 000000000<br>LEI: 21380028ATJ79OTA9W17 | Long             | EC               | CORP              | SA        |    379103 | NS      | $4243559.08   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Finance Corp Ltd                                     | Power Finance Corp Ltd                                     | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | EC               | CORP              | IN        |    341832 | NS      | $1591175.81   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Agile Group Holdings Ltd                                   | Agile Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | EC               | CORP              | KY        |   7120000 | NS      | $429800.39    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Paranaense de Energia - Copel                          | Cia Paranaense de Energia - Copel                          | CUSIP: 000000000<br>LEI: 2549001AS1I9A71VG663 | Long             | EP               | CORP              | BR        |    360969 | NS      | $764542.21    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Mobile Co Ltd                                       | Taiwan Mobile Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    383196 | NS      | $1350880.63   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bradesco SA                                          | Banco Bradesco SA                                          | CUSIP: 000000000<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EP               | CORP              | BR        |   2065080 | NS      | $5727369.59   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd                                    | Haier Smart Home Co Ltd                                    | CUSIP: 000000000<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |    162400 | NS      | $557940.49    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Turk Hava Yollari AO                                       | Turk Hava Yollari AO                                       | CUSIP: 000000000<br>LEI: 789000EV8M3BL7ZPFB03 | Long             | EC               | CORP              | TR        |    261600 | NS      | $1852032.85   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Huaneng Power International Inc                            | Huaneng Power International Inc                            | CUSIP: 000000000<br>LEI: 529900WU0SMVKMPG4V21 | Long             | EC               | CORP              | CN        |    780000 | NS      | $529483.77    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Unilever Ltd                                     | Hindustan Unilever Ltd                                     | CUSIP: 000000000<br>LEI: 5493007IW5N37IKRPM32 | Long             | EC               | CORP              | IN        |     48945 | NS      | $1405680.00   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkcell Iletisim Hizmetleri AS                            | Turkcell Iletisim Hizmetleri AS                            | CUSIP: 000000000<br>LEI: 7890003EX1LTLS2FFL84 | Long             | EC               | CORP              | TR        |    440563 | NS      | $1010029.52   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Anhui Conch Cement Co Ltd                                  | Anhui Conch Cement Co Ltd                                  | CUSIP: 000000000<br>LEI: 300300JVKW56SSAEQZ33 | Long             | EC               | CORP              | CN        |    273500 | NS      | $892424.78    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Far EasTone Telecommunications Co Ltd                      | Far EasTone Telecommunications Co Ltd                      | CUSIP: 000000000<br>LEI: 529900L7W7BWDLVZL253 | Long             | EC               | CORP              | TW        |    196000 | NS      | $534570.21    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bradesco SA                                          | Banco Bradesco SA                                          | CUSIP: 000000000<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |    581788 | NS      | $1392247.45   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Bimbo SAB de CV                                      | Grupo Bimbo SAB de CV                                      | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | EC               | CORP              | MX        |    445410 | NS      | $1292432.73   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                                             | Banco de Chile                                             | CUSIP: 000000000<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |   8404573 | NS      | $1157755.62   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                                         | Midea Group Co Ltd                                         | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |    180100 | NS      | $1749137.00   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp                               | China Construction Bank Corp                               | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |    592100 | NS      | $772436.32    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| China National Building Material Co Ltd                    | China National Building Material Co Ltd                    | CUSIP: 000000000<br>LEI: 52990085PGF8YEPLBZ26 | Long             | EC               | CORP              | CN        |  10196562 | NS      | $6066385.46   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Klabin SA                                                  | Klabin SA                                                  | CUSIP: 000000000<br>LEI: 254900C8UYA6YUPSDU10 | Long             | EC               | CORP              | BR        |    303034 | NS      | $1006586.67   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PICC Property & Casualty Co Ltd                            | PICC Property & Casualty Co Ltd                            | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |   2334000 | NS      | $4844407.58   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| China Communications Services Corp Ltd                     | China Communications Services Corp Ltd                     | CUSIP: 000000000<br>LEI: 529900JCDRVQE6YZKT86 | Long             | EC               | CORP              | CN        |   1084000 | NS      | $631363.72    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Alfa SAB de CV                                             | Alfa SAB de CV                                             | CUSIP: 000000000<br>LEI: 549300ZCGJ6T8YDJ4M34 | Long             | EC               | CORP              | MX        |   3248034 | NS      | $2379423.79   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Fibra Uno Administracion SA de CV                          | Fibra Uno Administracion SA de CV                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | MX        |    459680 | NS      | $654736.37    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IndusInd Bank Ltd                                          | IndusInd Bank Ltd                                          | CUSIP: 000000000<br>LEI: 335800JDVJ8HSXG9G512 | Long             | EC               | CORP              | IN        |    104433 | NS      | $947478.47    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Akbank TAS                                                 | Akbank TAS                                                 | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | EC               | CORP              | TR        |   1253273 | NS      | $2077873.83   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergreen Marine Corp Taiwan Ltd                           | Evergreen Marine Corp Taiwan Ltd                           | CUSIP: 000000000<br>LEI: 254900EIJA0A39C5SO15 | Long             | EC               | CORP              | TW        |   1219000 | NS      | $8044052.25   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Formosa Petrochemical Corp                                 | Formosa Petrochemical Corp                                 | CUSIP: 000000000<br>LEI: 529900UWWAOQ8470E792 | Long             | EC               | CORP              | TW        |    330330 | NS      | $482683.81    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd                                                | Infosys Ltd                                                | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    356244 | NS      | $6058623.29   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Vedanta Ltd                                                | Vedanta Ltd                                                | CUSIP: 000000000<br>LEI: 335800XDKX9KB5EMCO07 | Long             | EC               | CORP              | IN        |    428714 | NS      | $2070414.11   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Formosa Plastics Corp                                      | Formosa Plastics Corp                                      | CUSIP: 000000000<br>LEI: 254900KM6G17UTG1QN82 | Long             | EC               | CORP              | TW        |   2324732 | NS      | $3306915.09   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Guangzhou R&F Properties Co Ltd                            | Guangzhou R&F Properties Co Ltd                            | CUSIP: 000000000<br>LEI: 529900ICJ8CK8LFWH863 | Long             | EC               | CORP              | CN        |   3626946 | NS      | $414763.22    | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Tenaga Nasional Bhd                                        | Tenaga Nasional Bhd                                        | CUSIP: 000000000<br>LEI: 549300FV8X6UID6I1413 | Long             | EC               | CORP              | MY        |    691500 | NS      | $2106272.52   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Cemex SAB de CV                                            | Cemex SAB de CV                                            | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |   6543455 | NS      | $5712732.78   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BIM Birlesik Magazalar AS                                  | BIM Birlesik Magazalar AS                                  | CUSIP: 000000000<br>LEI: 7890001GCDJQD8DJKE29 | Long             | EC               | CORP              | TR        |    112760 | NS      | $1473569.37   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangxi Copper Co Ltd                                      | Jiangxi Copper Co Ltd                                      | CUSIP: 000000000<br>LEI: 3003002E74YFQ6MEZY56 | Long             | EC               | CORP              | CN        |   1133000 | NS      | $2264559.86   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                                 | BYD Co Ltd                                                 | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     26400 | NS      | $382946.01    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Yankuang Energy Group Co Ltd                               | Yankuang Energy Group Co Ltd                               | CUSIP: 000000000<br>LEI: 3003005N7A6HYZ4Z0K39 | Long             | EC               | CORP              | CN        |    141585 | NS      | $247357.77    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Novatek Microelectronics Corp                              | Novatek Microelectronics Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    119000 | NS      | $1880637.27   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| MOL Hungarian Oil & Gas PLC                                | MOL Hungarian Oil & Gas PLC                                | CUSIP: 000000000<br>LEI: 213800R83KX5FQFGXS67 | Long             | EC               | CORP              | HU        |    477500 | NS      | $4148769.37   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Vale SA                                                    | Vale SA                                                    | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |   2600097 | NS      | $24823635.05  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Bank Co Ltd                                        | Ping An Bank Co Ltd                                        | CUSIP: 000000000<br>LEI: 549300W9MKNIVWXFM679 | Long             | EC               | CORP              | CN        |    859500 | NS      | $1456619.53   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sibanye Stillwater Ltd                                     | Sibanye Stillwater Ltd                                     | CUSIP: 000000000<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |   2908441 | NS      | $6117276.44   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consultancy Services Ltd                              | Tata Consultancy Services Ltd                              | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |     89975 | NS      | $3102917.57   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Wistron Corp                                               | Wistron Corp                                               | CUSIP: 000000000<br>LEI: 254900DIEONKUALBFM06 | Long             | EC               | CORP              | TW        |    866682 | NS      | $3527275.06   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Taishin Financial Holding Co Ltd                           | Taishin Financial Holding Co Ltd                           | CUSIP: 000000000<br>LEI: 254900NDEO99JV07HK17 | Long             | EC               | CORP              | TW        |   1076000 | NS      | $587264.81    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| China Railway Group Ltd                                    | China Railway Group Ltd                                    | CUSIP: 000000000<br>LEI: 529900TFRLG8UDJ7QA89 | Long             | EC               | CORP              | CN        |   3232000 | NS      | $1626120.48   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                         | Petroleo Brasileiro SA - Petrobras                         | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EP               | CORP              | BR        |   3555873 | NS      | $20727325.36  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co Ltd                                       | Weichai Power Co Ltd                                       | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |    674000 | NS      | $1428789.68   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                                    | Reliance Industries Ltd                                    | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    721107 | NS      | $11388071.29  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| China Overseas Land & Investment Ltd                       | China Overseas Land & Investment Ltd                       | CUSIP: 000000000<br>LEI: 529900I6W35GYKRIZ151 | Long             | EC               | CORP              | HK        |   3025000 | NS      | $5231734.42   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| China Petroleum & Chemical Corp                            | China Petroleum & Chemical Corp                            | CUSIP: 000000000<br>LEI: 529900A2OB24EZ5B3J19 | Long             | EC               | CORP              | CN        |   1650500 | NS      | $1374015.56   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Yankuang Energy Group Co Ltd                               | Yankuang Energy Group Co Ltd                               | CUSIP: 000000000<br>LEI: 3003005N7A6HYZ4Z0K39 | Long             | EC               | CORP              | CN        |   1355600 | NS      | $1545564.46   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Bank PCL                                           | Bangkok Bank PCL                                           | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | EC               | CORP              | TH        |    539200 | NS      | $2437220.96   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Kuwait SAKP                               | National Bank of Kuwait SAKP                               | CUSIP: 000000000<br>LEI: 549300NB7FE83IH6BW96 | Long             | EC               | CORP              | KW        |    923025 | NS      | $3159308.21   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Exxaro Resources Ltd                                       | Exxaro Resources Ltd                                       | CUSIP: 000000000<br>LEI: 378900BC3D9BFF4E4A37 | Long             | EC               | CORP              | ZA        |     55330 | NS      | $483796.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| China Vanke Co Ltd                                         | China Vanke Co Ltd                                         | CUSIP: 000000000<br>LEI: 529900E66UJ2DWY7KW55 | Long             | EC               | CORP              | CN        |   1556500 | NS      | $1387489.08   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Acer Inc                                                   | Acer Inc                                                   | CUSIP: 000000000<br>LEI: 2549006Z3IVAZIQEUM25 | Long             | EC               | CORP              | TW        |   1180496 | NS      | $1261196.21   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Siderurgica Nacional SA                                | Cia Siderurgica Nacional SA                                | CUSIP: 000000000<br>LEI: 529900K40TEND42S0T46 | Long             | EC               | CORP              | BR        |    895992 | NS      | $1283291.66   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman Inc                                     | ZTO Express Cayman Inc                                     | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | KY        |     39494 | NS      | $777636.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chunghwa Telecom Co Ltd                                    | Chunghwa Telecom Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    795956 | NS      | $3439547.55   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Bank Bhd                                            | Public Bank Bhd                                            | CUSIP: 000000000<br>LEI: 549300L2RSQCVMOHGM20 | Long             | EC               | CORP              | MY        |   1651025 | NS      | $1626042.46   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Compal Electronics Inc                                     | Compal Electronics Inc                                     | CUSIP: 000000000<br>LEI: 529900ZPKWFDL21LW166 | Long             | EC               | CORP              | TW        |   3426305 | NS      | $3352990.28   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Industries Qatar QSC                                       | Industries Qatar QSC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | QA        |    166653 | NS      | $608299.47    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Telekomunikasi Indonesia Persero Tbk PT                    | Telkom Indonesia Persero Tbk PT                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |  20995000 | NS      | $3686615.74   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co Ltd                              | ASE Technology Holding Co Ltd                              | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |   1068000 | NS      | $5179143.22   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| OTP Bank Nyrt                                              | OTP Bank Nyrt                                              | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |     32671 | NS      | $2651116.78   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Cencosud SA                                                | Cencosud SA                                                | CUSIP: 000000000<br>LEI: 549300NLTGCFV7482429 | Long             | EC               | CORP              | CL        |    603164 | NS      | $1817039.22   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hello Group Inc                                            | Hello Group Inc                                            | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | KY        |     76552 | NS      | $630022.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sime Darby Bhd                                             | Sime Darby Bhd                                             | CUSIP: 000000000<br>LEI: 2549004CE1XFEGY1IW40 | Long             | EC               | CORP              | MY        |   1313400 | NS      | $500676.70    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Innolux Corp                                               | Innolux Corp                                               | CUSIP: 000000000<br>LEI: 3003007EXL0825P1MJ10 | Long             | EC               | CORP              | TW        |   6539411 | NS      | $2508063.00   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sasol Ltd                                                  | Sasol Ltd                                                  | CUSIP: 000000000<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |    833070 | NS      | $4285391.61   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Gree Electric Appliances Inc of Zhuhai                     | Gree Electric Appliances Inc of Zhuhai                     | CUSIP: 000000000<br>LEI: 655600UY069MU9JRAN62 | Long             | EC               | CORP              | CN        |    102000 | NS      | $644631.41    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Communications Co Ltd                              | Bank of Communications Co Ltd                              | CUSIP: 000000000<br>LEI: 549300AX1UM10U30HK09 | Long             | EC               | CORP              | CN        |   1397900 | NS      | $1482239.07   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| People's Insurance Co Group of China Ltd/The               | People's Insurance Co Group of China Ltd/The               | CUSIP: 000000000<br>LEI: 3003000P2JHYHQ524P66 | Long             | EC               | CORP              | CN        |   1082000 | NS      | $831265.87    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Pudong Development Bank Co Ltd                    | Shanghai Pudong Development Bank Co Ltd                    | CUSIP: 000000000<br>LEI: 300300C1031031001330 | Long             | EC               | CORP              | CN        |   1661400 | NS      | $2947286.60   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| CSPC Pharmaceutical Group Ltd                              | CSPC Pharmaceutical Group Ltd                              | CUSIP: 000000000<br>LEI: 529900M3XQCW234H8O91 | Long             | EC               | CORP              | HK        |   2190000 | NS      | $2752379.72   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                                               | MediaTek Inc                                               | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |    175838 | NS      | $7962747.26   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                                   | Itau Unibanco Holding SA                                   | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |   1284336 | NS      | $8064443.35   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of China Ltd                                          | Bank of China Ltd                                          | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        |    816500 | NS      | $628516.36    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial Bank Co Ltd                                     | Industrial Bank Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300C1030935001303 | Long             | EC               | CORP              | CN        |   1134000 | NS      | $3555200.95   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Unimicron Technology Corp                                  | Unimicron Technology Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    161000 | NS      | $730826.38    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JSW Steel Ltd                                              | JSW Steel Ltd                                              | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | EC               | CORP              | IN        |    144430 | NS      | $1722870.68   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Powertech Technology Inc                                   | Powertech Technology Inc                                   | CUSIP: 000000000<br>LEI: 254900O6KNZXH2RI9Q14 | Long             | EC               | CORP              | TW        |    301000 | NS      | $1257256.27   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA                                 | National Bank of Greece SA                                 | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |    137420 | NS      | $1916810.07   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Ltd                                                    | ITC Ltd                                                    | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |    692808 | NS      | $3249057.82   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| FirstRand Ltd                                              | FirstRand Ltd                                              | CUSIP: 000000000<br>LEI: 529900XYOP8CUZU7R671 | Long             | EC               | CORP              | ZA        |    993546 | NS      | $4219150.49   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| ENN Energy Holdings Ltd                                    | ENN Energy Holdings Ltd                                    | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | EC               | CORP              | KY        |    296400 | NS      | $2415664.64   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                               | Wal-Mart de Mexico SAB de CV                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |   1183621 | NS      | $3489062.49   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuwait Finance House KSCP                                  | Kuwait Finance House KSCP                                  | CUSIP: 000000000<br>LEI: 2549007KX0N057S9BC98 | Long             | EC               | CORP              | KW        |    697276 | NS      | $1836084.96   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Postal Savings Bank of China Co Ltd                        | Postal Savings Bank of China Co Ltd                        | CUSIP: 000000000<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |    495200 | NS      | $393969.30    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Gerdau SA                                                  | Gerdau SA                                                  | CUSIP: 000000000<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EP               | CORP              | BR        |   1227498 | NS      | $3691558.49   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| People's Insurance Co Group of China Ltd/The               | People's Insurance Co Group of China Ltd/The               | CUSIP: 000000000<br>LEI: 3003000P2JHYHQ524P66 | Long             | EC               | CORP              | CN        |     83900 | NS      | $95001.27     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Sappi Ltd                                                  | Sappi Ltd                                                  | CUSIP: 000000000<br>LEI: 549300SSI7XQH8ESJG95 | Long             | EC               | CORP              | ZA        |    547239 | NS      | $829345.45    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Synnex Technology International Corp                       | Synnex Technology International Corp                       | CUSIP: 000000000<br>LEI: 529900GMBJ3R4A2WBC71 | Long             | EC               | CORP              | TW        |    665850 | NS      | $1475640.07   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Pharmaceutical Industries Ltd                          | Sun Pharmaceutical Industries Ltd                          | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |     55245 | NS      | $1072859.52   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk PT                       | Bank Rakyat Indonesia Persero Tbk PT                       | CUSIP: 000000000<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |  12225996 | NS      | $2737772.90   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                                              | HDFC Bank Ltd                                              | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    346662 | NS      | $7955302.95   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Seazen Group Ltd                                           | Seazen Group Ltd                                           | CUSIP: 000000000<br>LEI: 5493006M8GRAQRCSCD67 | Long             | EC               | CORP              | KY        |   2454000 | NS      | $782252.36    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Yang Ming Marine Transport Corp                            | Yang Ming Marine Transport Corp                            | CUSIP: 000000000<br>LEI: 254900WG2ACWNVSP6E13 | Long             | EC               | CORP              | TW        |   1930000 | NS      | $3915415.10   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| China Taiping Insurance Holdings Co Ltd                    | China Taiping Insurance Holdings Co Ltd                    | CUSIP: 000000000<br>LEI: 529900C2G37NOIADYW07 | Long             | EC               | CORP              | HK        |    386600 | NS      | $859026.28    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Wan Hai Lines Ltd                                          | Wan Hai Lines Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    627000 | NS      | $1854298.30   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Electricity Co                                       | Saudi Electricity Co                                       | CUSIP: 000000000<br>LEI: 549300FXO4ZXUIAXGP41 | Long             | EC               | CORP              | SA        |    376830 | NS      | $1481775.30   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| China Everbright Bank Co Ltd                               | China Everbright Bank Co Ltd                               | CUSIP: 000000000<br>LEI: 549300U6PKQ4H1P34E17 | Long             | EC               | CORP              | CN        |   4303000 | NS      | $2022042.74   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Communications Co Ltd                              | Bank of Communications Co Ltd                              | CUSIP: 000000000<br>LEI: 549300AX1UM10U30HK09 | Long             | EC               | CORP              | CN        |   2902000 | NS      | $2614317.16   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| NTPC Ltd                                                   | NTPC Ltd                                                   | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | EC               | CORP              | IN        |    774321 | NS      | $2938794.36   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobile Telecommunications Co KSCP                          | Mobile Telecommunications Co KSCP                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    999604 | NS      | $1735327.55   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of China Ltd                                          | Bank of China Ltd                                          | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        |  26935234 | NS      | $15547373.91  | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Nan Ya Plastics Corp                                       | Nan Ya Plastics Corp                                       | CUSIP: 000000000<br>LEI: 254900L66RP14M9UOM28 | Long             | EC               | CORP              | TW        |   2638622 | NS      | $3598809.63   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Quanta Computer Inc                                        | Quanta Computer Inc                                        | CUSIP: 000000000<br>LEI: 529900DE8BIV3XOXIK04 | Long             | EC               | CORP              | TW        |    402500 | NS      | $3748948.62   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| China Yongda Automobiles Services Holdings Ltd             | China Yongda Automobiles Services Holdings Ltd             | CUSIP: 000000000<br>LEI: 529900G4APWIO18G0C95 | Long             | EC               | CORP              | KY        |   5599000 | NS      | $1594951.82   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica Brasil SA                                       | Telefonica Brasil SA                                       | CUSIP: 000000000<br>LEI: 529900MTGG2HSDBIWG79 | Long             | EC               | CORP              | BR        |    331037 | NS      | $1861050.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| China Railway Group Ltd                                    | China Railway Group Ltd                                    | CUSIP: 000000000<br>LEI: 529900TFRLG8UDJ7QA89 | Long             | EC               | CORP              | CN        |   1170200 | NS      | $922585.43    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Absa Group Ltd                                             | Absa Group Ltd                                             | CUSIP: 000000000<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |    287268 | NS      | $2835571.94   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Siam Cement PCL/The                                        | Siam Cement PCL/The                                        | CUSIP: 000000000<br>LEI: 254900RMCZY0X6F2KB70 | Long             | EC               | CORP              | TH        |    492200 | NS      | $3022723.82   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co Ltd                       | China Pacific Insurance Group Co Ltd                       | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |    117400 | NS      | $608764.29    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd                                   | Sunac China Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | EC               | CORP              | KY        |   6306000 | NS      | $1249992.19   | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| COSCO SHIPPING Holdings Co Ltd                             | COSCO SHIPPING Holdings Co Ltd                             | CUSIP: 000000000<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               | CORP              | CN        |   1662500 | NS      | $3038950.46   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Oil & Natural Gas Corp Ltd                                 | Oil & Natural Gas Corp Ltd                                 | CUSIP: 000000000<br>LEI: 335800FPDZ9MRSNO7N41 | Long             | EC               | CORP              | IN        |   1426064 | NS      | $3907042.66   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Vibra Energia SA                                           | Vibra Energia SA                                           | CUSIP: 000000000<br>LEI: 549300U7VLJ3SYVNY689 | Long             | EC               | CORP              | BR        |   1136209 | NS      | $4303737.42   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India                                        | State Bank of India                                        | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |    373587 | NS      | $3384862.59   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Central Asia Tbk PT                                   | Bank Central Asia Tbk PT                                   | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |   3249900 | NS      | $1628835.10   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| E.Sun Financial Holding Co Ltd                             | E.Sun Financial Holding Co Ltd                             | CUSIP: 000000000<br>LEI: 549300X6CNQE512OPC90 | Long             | EC               | CORP              | TW        |    643680 | NS      | $688411.48    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                                   | Itau Unibanco Holding SA                                   | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |    113518 | NS      | $635143.71    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Grid Corp of India Ltd                               | Power Grid Corp of India Ltd                               | CUSIP: 000000000<br>LEI: 3358009SHWZ3DZEQ4Z56 | Long             | EC               | CORP              | IN        |    567738 | NS      | $1876809.72   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Thai Oil PCL                                               | Thai Oil PCL                                               | CUSIP: 000000000<br>LEI: 549300HG5527UPZLTT69 | Long             | EC               | CORP              | TH        |   1183585 | NS      | $1244951.24   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| China Petroleum & Chemical Corp                            | China Petroleum & Chemical Corp                            | CUSIP: 000000000<br>LEI: 529900A2OB24EZ5B3J19 | Long             | EC               | CORP              | CN        |  22342400 | NS      | $13111018.40  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Motor Oil Hellas Corinth Refineries SA                     | Motor Oil Hellas Corinth Refineries SA                     | CUSIP: 000000000<br>LEI: 213800U3Y9UL7Y4QVM11 | Long             | EC               | CORP              | GR        |     28225 | NS      | $808574.09    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT Exploration & Production PCL                           | PTT Exploration & Production PCL                           | CUSIP: 000000000<br>LEI: 2549001O8YYGP5N7Q076 | Long             | EC               | CORP              | TH        |    485400 | NS      | $1868657.96   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanlam Ltd                                                 | Sanlam Ltd                                                 | CUSIP: 000000000<br>LEI: 37890014418406D9FC23 | Long             | EC               | CORP              | ZA        |    317795 | NS      | $1528940.03   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinopharm Group Co Ltd                                     | Sinopharm Group Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900N54X78YH9JYK92 | Long             | EC               | CORP              | CN        |   1375200 | NS      | $3305467.16   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial & Commercial Bank of China Ltd                  | Industrial & Commercial Bank of China Ltd                  | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |  23098172 | NS      | $17698390.22  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander Brasil SA                                  | Banco Santander Brasil SA                                  | CUSIP: 000000000<br>LEI: 549300D1H731B30TSI43 | Long             | EC               | CORP              | BR        |    117322 | NS      | $553762.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| China Mengniu Dairy Co Ltd                                 | China Mengniu Dairy Co Ltd                                 | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | EC               | CORP              | KY        |    961000 | NS      | $1999855.69   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Localiza Rent a Car SA                                     | Localiza Rent a Car SA                                     | CUSIP: 000000000<br>LEI: 984500C442A7E0CD4D11 | Long             | EC               | CORP              | BR        |     87304 | NS      | $539925.09    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                                     | MSCI EMGMKT SEP25                                          | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |       200 | NC      | $-105048.91   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| China Life Insurance Co Ltd                                | China Life Insurance Co Ltd                                | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |     13400 | NS      | $75914.10     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Malayan Banking Bhd                                        | Malayan Banking Bhd                                        | CUSIP: 000000000<br>LEI: 5493004OT3TOY404V310 | Long             | EC               | CORP              | MY        |   1053240 | NS      | $2316516.80   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| iQIYI Inc                                                  | iQIYI Inc                                                  | CUSIP: 46267X108<br>LEI: 222100XL8T2Q5B8MS302 | Long             | EC               | CORP              | KY        |    431297 | NS      | $793586.48    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT                                | Bank Mandiri Persero Tbk PT                                | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |   6124900 | NS      | $1667386.31   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Metalurgica Gerdau SA                                      | Metalurgica Gerdau SA                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BR        |   1400411 | NS      | $2343376.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Geely Automobile Holdings Ltd                              | Geely Automobile Holdings Ltd                              | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | KY        |   1626000 | NS      | $3647146.58   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Charoen Pokphand Foods PCL                                 | Charoen Pokphand Foods PCL                                 | CUSIP: 000000000<br>LEI: 529900FJ3AI2GKGIWK15 | Long             | EC               | CORP              | TH        |   2313400 | NS      | $1613407.63   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Agricultural Bank of China Ltd                             | Agricultural Bank of China Ltd                             | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |   1509900 | NS      | $1318551.91   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Maruti Suzuki India Ltd                                    | Maruti Suzuki India Ltd                                    | CUSIP: 000000000<br>LEI: 335800D27PBEESKKD357 | Long             | EC               | CORP              | IN        |     12463 | NS      | $1787679.21   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Naspers Ltd                                                | Naspers Ltd                                                | CUSIP: 000000000<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |      2649 | NS      | $817698.88    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosan SA                                                   | Cosan SA                                                   | CUSIP: 000000000<br>LEI: 549300PGFCX2JMKKLC96 | Long             | EC               | CORP              | BR        |    434548 | NS      | $460192.27    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                                                | NetEase Inc                                                | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |    192443 | NS      | $5030890.95   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| China State Construction Engineering Corp Ltd              | China State Construction Engineering Corp Ltd              | CUSIP: 000000000<br>LEI: 300300CWW8WOEV3BR645 | Long             | EC               | CORP              | CN        |   2887700 | NS      | $2263738.31   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Haci Omer Sabanci Holding AS                               | Haci Omer Sabanci Holding AS                               | CUSIP: 000000000<br>LEI: 78900090FFOWNLGP0F20 | Long             | EC               | CORP              | TR        |    363378 | NS      | $851354.83    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu Inc                                                  | Baidu Inc                                                  | CUSIP: 000000000<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |    476900 | NS      | $5217922.25   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| CGN Power Co Ltd                                           | CGN Power Co Ltd                                           | CUSIP: 000000000<br>LEI: 529900D2UINCGWQYBK45 | Long             | EC               | CORP              | CN        |    176600 | NS      | $90044.94     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd                                   | ANTA Sports Products Ltd                                   | CUSIP: 000000000<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | KY        |    130600 | NS      | $1499037.78   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd                                           | Lenovo Group Ltd                                           | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | HK        |   2838000 | NS      | $3639022.79   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhongsheng Group Holdings Ltd                              | Zhongsheng Group Holdings Ltd                              | CUSIP: 000000000<br>LEI: 3003005VYMEBAJNJ2Y26 | Long             | EC               | CORP              | KY        |   1036500 | NS      | $1743507.74   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Emaar Properties PJSC                                      | Emaar Properties PJSC                                      | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |    677410 | NS      | $2805358.41   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| United Tractors Tbk PT                                     | United Tractors Tbk PT                                     | CUSIP: 000000000<br>LEI: 529900N9ELYOWQV4FW14 | Long             | EC               | CORP              | ID        |    907100 | NS      | $1329190.57   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| China Life Insurance Co Ltd                                | China Life Insurance Co Ltd                                | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |    718000 | NS      | $2074021.57   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CTBC Financial Holding Co Ltd                              | CTBC Financial Holding Co Ltd                              | CUSIP: 000000000<br>LEI: 549300IWDYIFW6JXM387 | Long             | EC               | CORP              | TW        |   2678201 | NS      | $3680106.86   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Dubai Electricity & Water Authority PJSC                   | Dubai Electricity & Water Authority PJSC                   | CUSIP: 000000000<br>LEI: 213800K4OJF8DKATLT41 | Long             | EC               | CORP              | AE        |    755227 | NS      | $568646.53    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| KGI Financial Holding Co Ltd                               | KGI Financial Holding Co Ltd                               | CUSIP: 000000000<br>LEI: 213800CVM61O866CGD19 | Long             | EC               | CORP              | TW        |   2960000 | NS      | $1499403.66   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                         | Grupo Financiero Banorte SAB de CV                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    637223 | NS      | $5678766.54   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotak Mahindra Bank Ltd                                    | Kotak Mahindra Bank Ltd                                    | CUSIP: 000000000<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |     75938 | NS      | $1710909.08   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Qatar National Bank QPSC                                   | Qatar National Bank QPSC                                   | CUSIP: 000000000<br>LEI: 549300FFSRVBS0SQXY75 | Long             | EC               | CORP              | QA        |    794997 | NS      | $4089963.05   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Equatorial Energia SA                                      | Equatorial Energia SA                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    229197 | NS      | $1394530.24   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Banpu PCL                                                  | Banpu PCL                                                  | CUSIP: 000000000<br>LEI: 529900AJ2Z6SUR6TSW75 | Long             | EC               | CORP              | TH        |  11053100 | NS      | $1702754.07   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd                                          | Bharti Airtel Ltd                                          | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |    161199 | NS      | $3509162.93   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Gas Group Ltd                              | China Resources Gas Group Ltd                              | CUSIP: 000000000<br>LEI: 529900A0E1J5JSOKEK83 | Long             | EC               | CORP              | BM        |    144900 | NS      | $366786.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Is Bankasi AS                                      | Turkiye Is Bankasi AS                                      | CUSIP: 000000000<br>LEI: 789000FIRX9MDN0KTM91 | Long             | EC               | CORP              | TR        |   3944169 | NS      | $1435838.70   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Wipro Ltd                                                  | Wipro Ltd                                                  | CUSIP: 000000000<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |    399404 | NS      | $1123505.88   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Uni-President Enterprises Corp                             | Uni-President Enterprises Corp                             | CUSIP: 000000000<br>LEI: 254900DAXBDMVEXU5959 | Long             | EC               | CORP              | TW        |   1137678 | NS      | $3002631.66   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS NV                                                     | JBS NV                                                     | CUSIP: 000000000<br>LEI: 254900JSFON4WL81TW77 | Long             | EC               | CORP              | NL        |    256971 | NS      | $3528587.15   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Motors Ltd                                            | Tata Motors Ltd                                            | CUSIP: 000000000<br>LEI: 335800BO2LHWJJ8TZI32 | Long             | EC               | CORP              | IN        |    312509 | NS      | $2362150.26   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Formosa Chemicals & Fibre Corp                             | Formosa Chemicals & Fibre Corp                             | CUSIP: 000000000<br>LEI: 254900OJX8UZOAIVSU82 | Long             | EC               | CORP              | TW        |   2372442 | NS      | $2278410.23   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd                                    | Mahindra & Mahindra Ltd                                    | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     64284 | NS      | $2341774.77   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Raizen SA                                                  | Raizen SA                                                  | CUSIP: 000000000<br>LEI: 5493000WQL3QP7QXX484 | Long             | EP               | CORP              | BR        |    616420 | NS      | $156319.06    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Qatar Islamic Bank QPSC                                    | Qatar Islamic Bank QPSC                                    | CUSIP: 000000000<br>LEI: 254900CFGPXJI71OHT95 | Long             | EC               | CORP              | QA        |    202739 | NS      | $1365891.90   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Coal India Ltd                                             | Coal India Ltd                                             | CUSIP: 000000000<br>LEI: 335800NLJQZNHM9LBB31 | Long             | EC               | CORP              | IN        |    357178 | NS      | $1527452.18   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Petroleum Corp Ltd                               | Hindustan Petroleum Corp Ltd                               | CUSIP: 000000000<br>LEI: 335800DWLXIP7HFFY564 | Long             | EC               | CORP              | IN        |    516852 | NS      | $2453931.41   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia de Saneamento Basico do Estado de Sao Paulo            | Cia de Saneamento Basico do Estado de Sao Paulo SABESP     | CUSIP: 000000000<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |     71932 | NS      | $1391353.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc                                     | Yum China Holdings Inc                                     | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     71820 | NS      | $3352557.60   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Mutual Ltd                                             | Old Mutual Ltd                                             | CUSIP: 000000000<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |    892716 | NS      | $625813.95    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharat Petroleum Corp Ltd                                  | Bharat Petroleum Corp Ltd                                  | CUSIP: 000000000<br>LEI: 8GRDBX1TJ0PU5NCSHT72 | Long             | EC               | CORP              | IN        |   1060205 | NS      | $3961917.63   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Comercial Chedraui SA de CV                          | Grupo Comercial Chedraui SA de CV                          | CUSIP: 000000000<br>LEI: 4469000001BRXSV0JO96 | Long             | EC               | CORP              | MX        |    136381 | NS      | $1104711.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamtri Resources Indonesia Tbk PT                         | Alamtri Resources Indonesia Tbk PT                         | CUSIP: 000000000<br>LEI: 529900P2WAH7XA87OI24 | Long             | EC               | CORP              | ID        |   7738000 | NS      | $867408.87    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Ooredoo QPSC                                               | Ooredoo QPSC                                               | CUSIP: 000000000<br>LEI: 549300D3EIDZJB62TR20 | Long             | EC               | CORP              | QA        |    381713 | NS      | $1410651.47   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Yageo Corp                                                 | Yageo Corp                                                 | CUSIP: 000000000<br>LEI: 5493001P0TOZH7GGNQ21 | Long             | EC               | CORP              | TW        |     75517 | NS      | $1326957.35   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Beijing Co Ltd                                     | Bank of Beijing Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300C1080211000042 | Long             | EC               | CORP              | CN        |   1384100 | NS      | $1237680.88   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                               | Ecopetrol SA                                               | CUSIP: 279158109<br>LEI: 254900IDGKCJICKBPA66 | Long             | EC               | CORP              | CO        |    163377 | NS      | $1372366.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Fomento Economico Mexicano SAB de CV                       | Fomento Economico Mexicano SAB de CV                       | CUSIP: 000000000<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |    514599 | NS      | $4645711.94   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CIMB Group Holdings Bhd                                    | CIMB Group Holdings Bhd                                    | CUSIP: 000000000<br>LEI: 549300FYDN5UD7USZW18 | Long             | EC               | CORP              | MY        |    831653 | NS      | $1271278.42   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Li Ning Co Ltd                                             | Li Ning Co Ltd                                             | CUSIP: 000000000<br>LEI: 529900T77L2FV3FZ3U81 | Long             | EC               | CORP              | KY        |    599500 | NS      | $1270154.23   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT Global Chemical PCL                                    | PTT Global Chemical PCL                                    | CUSIP: 000000000<br>LEI: 5493007X3230PPPZFF40 | Long             | EC               | CORP              | TH        |   2632000 | NS      | $1898026.93   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Far Eastern New Century Corp                               | Far Eastern New Century Corp                               | CUSIP: 000000000<br>LEI: 254900CDLU5OS06M6K24 | Long             | EC               | CORP              | TW        |   1235817 | NS      | $1184461.29   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Micro-Star International Co Ltd                            | Micro-Star International Co Ltd                            | CUSIP: 000000000<br>LEI: 254900F4E0BDGJSSD870 | Long             | EC               | CORP              | TW        |    247000 | NS      | $1179999.61   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| China CITIC Bank Corp Ltd                                  | China CITIC Bank Corp Ltd                                  | CUSIP: 000000000<br>LEI: 300300C1030211000384 | Long             | EC               | CORP              | CN        |   4162000 | NS      | $3867003.27   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| First Financial Holding Co Ltd                             | First Financial Holding Co Ltd                             | CUSIP: 000000000<br>LEI: 529900BC1U046Q2GUZ64 | Long             | EC               | CORP              | TW        |   1480591 | NS      | $1462578.46   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| China Jinmao Holdings Group Ltd                            | China Jinmao Holdings Group Ltd                            | CUSIP: 000000000<br>LEI: 3003000CW9WBO3PJ7R66 | Long             | EC               | CORP              | HK        |   5132000 | NS      | $933796.49    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Nedbank Group Ltd                                          | Nedbank Group Ltd                                          | CUSIP: 000000000<br>LEI: 3789009E42FA3CB31065 | Long             | EC               | CORP              | ZA        |    149975 | NS      | $2046485.18   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mega Financial Holding Co Ltd                              | Mega Financial Holding Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1190213 | NS      | $1693072.42   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| First Abu Dhabi Bank PJSC                                  | First Abu Dhabi Bank PJSC                                  | CUSIP: 000000000<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | EC               | CORP              | AE        |    352297 | NS      | $1723470.82   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Pou Chen Corp                                              | Pou Chen Corp                                              | CUSIP: 000000000<br>LEI: 25490027LIXQ7W4PBH18 | Long             | EC               | CORP              | TW        |   1325267 | NS      | $1246293.70   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Largan Precision Co Ltd                                    | Largan Precision Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8050 | NS      | $631386.76    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Power Holdings Co Ltd                      | China Resources Power Holdings Co Ltd                      | CUSIP: 000000000<br>LEI: 529900K60FC0AI053735 | Long             | EC               | CORP              | HK        |    676000 | NS      | $1675187.76   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   3293625 | NS      | $3293625.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Eregli Demir ve Celik Fabrikalari TAS                      | Eregli Demir ve Celik Fabrikalari TAS                      | CUSIP: 000000000<br>LEI: 789000VYQF5IDGG49908 | Long             | EC               | CORP              | TR        |   2710027 | NS      | $1777214.74   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                                          | PetroChina Co Ltd                                          | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |  12584000 | NS      | $12297477.55  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                         | Petroleo Brasileiro SA - Petrobras                         | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |   3014307 | NS      | $19266199.52  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Qatar Fuel QSC                                             | Qatar Fuel QSC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | QA        |    361055 | NS      | $1507288.11   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rajesh Exports Ltd                                         | Rajesh Exports Ltd                                         | CUSIP: 000000000<br>LEI: 335800DB4QZUYAYRHG76 | Long             | EC               | CORP              | IN        |    900209 | NS      | $1925844.74   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Marfrig Global Foods SA                                    | Marfrig Global Foods SA                                    | CUSIP: 000000000<br>LEI: 391200219USWMOBN3F92 | Long             | EC               | CORP              | BR        |    267986 | NS      | $1019385.81   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc                                      | Delta Electronics Inc                                      | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    212590 | NS      | $4004790.94   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| China Shenhua Energy Co Ltd                                | China Shenhua Energy Co Ltd                                | CUSIP: 000000000<br>LEI: 529900N9JOX4C108MA40 | Long             | EC               | CORP              | CN        |    965000 | NS      | $4182453.34   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Axiata Group Bhd                                           | Axiata Group Bhd                                           | CUSIP: 000000000<br>LEI: 254900DM0V7OCPDUUC55 | Long             | EC               | CORP              | MY        |   1142213 | NS      | $721332.55    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| China CITIC Bank Corp Ltd                                  | China CITIC Bank Corp Ltd                                  | CUSIP: 000000000<br>LEI: 300300C1030211000384 | Long             | EC               | CORP              | CN        |    241100 | NS      | $273821.61    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Hotels Ltd                                             | ITC Hotels Ltd                                             | CUSIP: 000000000<br>LEI: 335800IFHF7F1488ND22 | Long             | EC               | CORP              | IN        |     27078 | NS      | $70978.87     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kasikornbank PCL                                           | Kasikornbank PCL                                           | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |    728600 | NS      | $3602808.12   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| CEZ AS                                                     | CEZ AS                                                     | CUSIP: 000000000<br>LEI: 529900S5R9YHJHYKKG94 | Long             | EC               | CORP              | CZ        |     38725 | NS      | $2243702.50   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd                                  | Zijin Mining Group Co Ltd                                  | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |    333700 | NS      | $883031.50    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| UPL Ltd                                                    | UPL Ltd                                                    | CUSIP: 000000000<br>LEI: 335800RJSM1SLHO4UA95 | Long             | EC               | CORP              | IN        |     83646 | NS      | $669196.75    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| China Everbright Environment Group Ltd                     | China Everbright Environment Group Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   2619000 | NS      | $1401664.44   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| CRRC Corp Ltd                                              | CRRC Corp Ltd                                              | CUSIP: 000000000<br>LEI: 30030099HATQH2XC0B72 | Long             | EC               | CORP              | CN        |   1192000 | NS      | $826005.43    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Energetica de Minas Gerais                             | Cia Energetica de Minas Gerais                             | CUSIP: 000000000<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |    110338 | NS      | $290054.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Info Service PCL                                  | Advanced Info Service PCL                                  | CUSIP: 000000000<br>LEI: 529900DU2YW1NO5RMU78 | Long             | EC               | CORP              | TH        |    152775 | NS      | $1357367.96   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Vipshop Holdings Ltd                                       | Vipshop Holdings Ltd                                       | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | KY        |    266847 | NS      | $4026721.23   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| China Minsheng Banking Corp Ltd                            | China Minsheng Banking Corp Ltd                            | CUSIP: 000000000<br>LEI: 549300HBUGSQD1VCXG94 | Long             | EC               | CORP              | CN        |   3747500 | NS      | $2538727.14   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Tech Mahindra Ltd                                          | Tech Mahindra Ltd                                          | CUSIP: 000000000<br>LEI: 3358005FZUZ1I25XQH69 | Long             | EC               | CORP              | IN        |     78627 | NS      | $1304426.37   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Orbia Advance Corp SAB de CV                               | Orbia Advance Corp SAB de CV                               | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | EC               | CORP              | MX        |   1662108 | NS      | $1137440.46   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIC Securities Co Ltd                                    | CITIC Securities Co Ltd                                    | CUSIP: 000000000<br>LEI: 300300E1006744000068 | Long             | EC               | CORP              | CN        |    213600 | NS      | $857382.50    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| KOC Holding AS                                             | KOC Holding AS                                             | CUSIP: 000000000<br>LEI: 7890005U0H950VH19H45 | Long             | EC               | CORP              | TR        |    632191 | NS      | $2785040.87   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                                                 | JD.com Inc                                                 | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |    467488 | NS      | $14721197.12  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| China Hongqiao Group Ltd                                   | China Hongqiao Group Ltd                                   | CUSIP: 000000000<br>LEI: 3003009Q4IBFSDE24571 | Long             | EC               | CORP              | KY        |   1364500 | NS      | $3599408.64   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| MTN Group Ltd                                              | MTN Group Ltd                                              | CUSIP: 000000000<br>LEI: 2549009JD6Q6XHZS5E05 | Long             | EC               | CORP              | ZA        |    946783 | NS      | $7957733.55   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| China Everbright Bank Co Ltd                               | China Everbright Bank Co Ltd                               | CUSIP: 000000000<br>LEI: 549300U6PKQ4H1P34E17 | Long             | EC               | CORP              | CN        |   2116000 | NS      | $1187793.50   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao                                | B3 SA - Brasil Bolsa Balcao                                | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |    746559 | NS      | $1677226.24   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| America Movil SAB de CV                                    | America Movil SAB de CV                                    | CUSIP: 000000000<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |   8478807 | NS      | $7654072.79   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BAIC Motor Corp Ltd                                        | BAIC Motor Corp Ltd                                        | CUSIP: 000000000<br>LEI: 5299003EYHISIDNLZQ19 | Long             | EC               | CORP              | CN        |   6909500 | NS      | $1887367.33   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Valterra Platinum Ltd                                      | Valterra Platinum Ltd                                      | CUSIP: 000000000<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |     40438 | NS      | $1816066.95   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co Ltd                                       | Weichai Power Co Ltd                                       | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |    306800 | NS      | $642433.77    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangxi Copper Co Ltd                                      | Jiangxi Copper Co Ltd                                      | CUSIP: 000000000<br>LEI: 3003002E74YFQ6MEZY56 | Long             | EC               | CORP              | CN        |    153700 | NS      | $477636.42    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| JinkoSolar Holding Co Ltd                                  | JinkoSolar Holding Co Ltd                                  | CUSIP: 47759T100<br>LEI: 529900Y93WNCS05FG852 | Long             | EC               | CORP              | KY        |     27009 | NS      | $592577.46    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| China Vanke Co Ltd                                         | China Vanke Co Ltd                                         | CUSIP: 000000000<br>LEI: 529900E66UJ2DWY7KW55 | Long             | EC               | CORP              | CN        |   2698900 | NS      | $1712413.54   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| China Coal Energy Co Ltd                                   | China Coal Energy Co Ltd                                   | CUSIP: 000000000<br>LEI: 529900KRC89344UI3Z10 | Long             | EC               | CORP              | CN        |     92300 | NS      | $151022.51    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial & Commercial Bank of China Ltd                  | Industrial & Commercial Bank of China Ltd                  | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |   1261500 | NS      | $1322078.03   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| China Minsheng Banking Corp Ltd                            | China Minsheng Banking Corp Ltd                            | CUSIP: 000000000<br>LEI: 549300HBUGSQD1VCXG94 | Long             | EC               | CORP              | CN        |   5745910 | NS      | $3458397.35   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhou International Group Holdings Ltd                  | Shenzhou International Group Holdings Ltd                  | CUSIP: 000000000<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | KY        |    139900 | NS      | $1006826.85   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Steel Authority of India Ltd                               | Steel Authority of India Ltd                               | CUSIP: 000000000<br>LEI: 335800ZJXMF183ZCQI90 | Long             | EC               | CORP              | IN        |    479072 | NS      | $676505.24    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Cathay Financial Holding Co Ltd                            | Cathay Financial Holding Co Ltd                            | CUSIP: 000000000<br>LEI: 5299009XR1QLFAMQ3X77 | Long             | EC               | CORP              | TW        |   1358622 | NS      | $2753704.05   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Longfor Group Holdings Ltd                                 | Longfor Group Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | EC               | CORP              | KY        |   2207000 | NS      | $2746960.40   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Realtek Semiconductor Corp                                 | Realtek Semiconductor Corp                                 | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |     32000 | NS      | $611867.58    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BOE Technology Group Co Ltd                                | BOE Technology Group Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   2213000 | NS      | $1237938.56   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Energetica de Minas Gerais                             | Cia Energetica de Minas Gerais                             | CUSIP: 000000000<br>LEI: 254900W703PXLDSEM056 | Long             | EP               | CORP              | BR        |    667281 | NS      | $1230994.05   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Inventec Corp                                              | Inventec Corp                                              | CUSIP: 000000000<br>LEI: 391200XSJU5WEVAXB086 | Long             | EC               | CORP              | TW        |    969639 | NS      | $1432083.50   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| CRRC Corp Ltd                                              | CRRC Corp Ltd                                              | CUSIP: 000000000<br>LEI: 30030099HATQH2XC0B72 | Long             | EC               | CORP              | CN        |    487630 | NS      | $498023.34    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Astra International Tbk PT                                 | Astra International Tbk PT                                 | CUSIP: 000000000<br>LEI: 529900L49TRJOMG4DK47 | Long             | EC               | CORP              | ID        |   8981800 | NS      | $2776457.95   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                                  | Alibaba Group Holding Ltd                                  | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |   2480892 | NS      | $37299629.08  | 3.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrais Eletricas Brasileiras SA                          | Centrais Eletricas Brasileiras SA                          | CUSIP: 000000000<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EC               | CORP              | BR        |    201682 | NS      | $1361823.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lufax Holding Ltd                                          | Lufax Holding Ltd                                          | CUSIP: 54975P201<br>LEI: 254900TYH7RTK8E9NH16 | Long             | EC               | CORP              | KY        |    695964 | NS      | $2011335.96   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest SA                                            | Grupo Cibest SA                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | CO        |    162830 | NS      | $1781671.58   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bidvest Group Ltd                                          | Bidvest Group Ltd                                          | CUSIP: 000000000<br>LEI: 5299002ARE4TRMIRGM72 | Long             | EC               | CORP              | ZA        |     87196 | NS      | $1134314.50   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Yapi ve Kredi Bankasi AS                                   | Yapi ve Kredi Bankasi AS                                   | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | EC               | CORP              | TR        |   1831608 | NS      | $1514780.19   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| China Tower Corp Ltd                                       | China Tower Corp Ltd                                       | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |   1679900 | NS      | $2350709.11   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Alpha Bank SA                                              | Alpha Bank SA                                              | CUSIP: 000000000<br>LEI: 213800DBQIB6VBNU5C64 | Long             | EC               | CORP              | GR        |    313988 | NS      | $1175297.45   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Natura Cosmeticos SA                                       | Natura Cosmeticos SA                                       | CUSIP: 000000000<br>LEI: 98450085D7XCFF5A9N75 | Long             | EC               | CORP              | BR        |    275483 | NS      | $444252.04    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Steel Ltd                                             | Tata Steel Ltd                                             | CUSIP: 000000000<br>LEI: 335800E6C75YGSGD5T66 | Long             | EC               | CORP              | IN        |   2677292 | NS      | $4807962.54   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                         | Grupo Televisa SAB                                         | CUSIP: 000000000<br>LEI: 549300O4AF0C816ILN62 | Long             | EC               | CORP              | MX        |   4853049 | NS      | $2693422.90   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd                                    | Haier Smart Home Co Ltd                                    | CUSIP: 000000000<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |    704800 | NS      | $2220385.31   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| United Microelectronics Corp                               | United Microelectronics Corp                               | CUSIP: 000000000<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |   3103965 | NS      | $4301079.99   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                                              | Al Rajhi Bank                                              | CUSIP: 000000000<br>LEI: 558600BQZS4Y1DTU8589 | Long             | EC               | CORP              | SA        |     77624 | NS      | $1957216.85   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                  | Taiwan Semiconductor Manufacturing Co Ltd                  | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   1347803 | NS      | $51889408.06  | 4.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Sociedad Quimica y Minera de Chile SA                      | Sociedad Quimica y Minera de Chile SA                      | CUSIP: 000000000<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EP               | CORP              | CL        |     52148 | NS      | $1917864.26   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| UltraTech Cement Ltd                                       | UltraTech Cement Ltd                                       | CUSIP: 000000000<br>LEI: 335800PC9O9B4BQHG814 | Long             | EC               | CORP              | IN        |      3990 | NS      | $555542.96    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ZTO Express Cayman Inc                                     | ZTO Express Cayman Inc                                     | CUSIP: 000000000<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | KY        |     20450 | NS      | $398664.85    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi National Bank/The                                    | Saudi National Bank/The                                    | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |    234090 | NS      | $2336005.83   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Grasim Industries Ltd                                      | Grasim Industries Ltd                                      | CUSIP: 000000000<br>LEI: 335800WLY7FOIT3ERV21 | Long             | EC               | CORP              | IN        |     59386 | NS      | $1855423.05   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Postal Savings Bank of China Co Ltd                        | Postal Savings Bank of China Co Ltd                        | CUSIP: 000000000<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |   3508000 | NS      | $2478087.40   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrais Eletricas Brasileiras SA                          | Centrais Eletricas Brasileiras SA                          | CUSIP: 000000000<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EP               | CORP              | BR        |     39725 | NS      | $290157.69    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fosun International Ltd                                    | Fosun International Ltd                                    | CUSIP: 000000000<br>LEI: 213800Z99WQEXDF82F09 | Long             | EC               | CORP              | HK        |   1262500 | NS      | $871271.19    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Kunlun Energy Co Ltd                                       | Kunlun Energy Co Ltd                                       | CUSIP: 000000000<br>LEI: 5299007GRIKP15GM4927 | Long             | EC               | CORP              | BM        |   2634000 | NS      | $2537465.07   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co Ltd                       | China Pacific Insurance Group Co Ltd                       | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |    608600 | NS      | $2451085.41   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Finserv Ltd                                          | Bajaj Finserv Ltd                                          | CUSIP: 000000000<br>LEI: 3358001EH4I4IDMGQ326 | Long             | EC               | CORP              | IN        |     26501 | NS      | $586402.20    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                             | ICICI Bank Ltd                                             | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    367625 | NS      | $6190545.38   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd                                | China Merchants Bank Co Ltd                                | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |    955650 | NS      | $6201349.08   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Indian Oil Corp Ltd                                        | Indian Oil Corp Ltd                                        | CUSIP: 000000000<br>LEI: 335800J8OBWE4VFUDG88 | Long             | EC               | CORP              | IN        |   1849795 | NS      | $3055924.71   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Agricultural Bank of China Ltd                             | Agricultural Bank of China Ltd                             | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |   9265600 | NS      | $6070043.28   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Aluminum Corp of China Ltd                                 | Aluminum Corp of China Ltd                                 | CUSIP: 000000000<br>LEI: 529900TKZUWQLIQN6T48 | Long             | EC               | CORP              | CN        |   1428000 | NS      | $1128643.18   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Huaneng Power International Inc                            | Huaneng Power International Inc                            | CUSIP: 000000000<br>LEI: 529900WU0SMVKMPG4V21 | Long             | EC               | CORP              | CN        |    123200 | NS      | $125153.44    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                                          | PetroChina Co Ltd                                          | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |    913400 | NS      | $1123012.18   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd                          | Hon Hai Precision Industry Co Ltd                          | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |   5093572 | NS      | $29952645.75  | 2.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Fubon Financial Holding Co Ltd                             | Fubon Financial Holding Co Ltd                             | CUSIP: 000000000<br>LEI: 549300G7Y2TS2XNIB476 | Long             | EC               | CORP              | TW        |   1298351 | NS      | $3563543.52   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                       | Tencent Holdings Ltd                                       | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    462100 | NS      | $32352636.44  | 2.87%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                                            | KE Holdings Inc                                            | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |     85531 | NS      | $1575481.02   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Daqo New Energy Corp                                       | Daqo New Energy Corp                                       | CUSIP: 23703Q203<br>LEI: 529900711JBZ5O7VA827 | Long             | EC               | CORP              | KY        |     36897 | NS      | $802878.72    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIC Ltd                                                  | CITIC Ltd                                                  | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | EC               | CORP              | HK        |   5947000 | NS      | $8921529.55   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Controladora Alpek SAB de CV                               | Controladora Alpek SAB de CV                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |   2837274 | NS      | $407580.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Catcher Technology Co Ltd                                  | Catcher Technology Co Ltd                                  | CUSIP: 000000000<br>LEI: 5299006PRSCU66N5JF55 | Long             | EC               | CORP              | TW        |    191000 | NS      | $1348865.54   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Bid Corp Ltd                                               | Bid Corp Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     68992 | NS      | $1734623.54   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tupras Turkiye Petrol Rafinerileri AS                      | Turkiye Petrol Rafinerileri AS                             | CUSIP: 000000000<br>LEI: 789000RCNG97UV50EE03 | Long             | EC               | CORP              | TR        |    572241 | NS      | $2377451.19   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhen Ding Technology Holding Ltd                           | Zhen Ding Technology Holding Ltd                           | CUSIP: 000000000<br>LEI: 549300H7R4K33675UP38 | Long             | EC               | CORP              | KY        |    299000 | NS      | $1247029.12   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Ambev SA                                                   | Ambev SA                                                   | CUSIP: 000000000<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |   1196580 | NS      | $2662604.46   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Bank Group Ltd                                    | Standard Bank Group Ltd                                    | CUSIP: 000000000<br>LEI: 2549003PEZXUT7MDBU41 | Long             | EC               | CORP              | ZA        |    325523 | NS      | $4188658.45   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd                    | Ping An Insurance Group Co of China Ltd                    | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    653900 | NS      | $5312359.27   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Arabian Oil Co                                       | Saudi Arabian Oil Co                                       | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | EC               | CORP              | SA        |   1044514 | NS      | $6758684.46   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| CGN Power Co Ltd                                           | CGN Power Co Ltd                                           | CUSIP: 000000000<br>LEI: 529900D2UINCGWQYBK45 | Long             | EC               | CORP              | CN        |   1588000 | NS      | $596567.30    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Empresas CMPC SA                                           | Empresas CMPC SA                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |    373766 | NS      | $526518.13    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                                    | Meituan                                                    | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | KY        |    177570 | NS      | $2739468.12   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Anhui Conch Cement Co Ltd                                  | Anhui Conch Cement Co Ltd                                  | CUSIP: 000000000<br>LEI: 300300JVKW56SSAEQZ33 | Long             | EC               | CORP              | CN        |    788500 | NS      | $2282809.25   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Shriram Finance Ltd                                        | Shriram Finance Ltd                                        | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |     99606 | NS      | $713387.46    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Poly Developments and Holdings Group Co Ltd                | Poly Developments and Holdings Group Co Ltd                | CUSIP: 000000000<br>LEI: 300300W9OF1ZRGUDVU96 | Long             | EC               | CORP              | CN        |    533500 | NS      | $589523.46    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuanta Financial Holding Co Ltd                            | Yuanta Financial Holding Co Ltd                            | CUSIP: 000000000<br>LEI: 21380045JG57LJEFFE13 | Long             | EC               | CORP              | TW        |   1900891 | NS      | $1971761.01   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Impala Platinum Holdings Ltd                               | Impala Platinum Holdings Ltd                               | CUSIP: 000000000<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |    646238 | NS      | $6107866.13   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Asustek Computer Inc                                       | Asustek Computer Inc                                       | CUSIP: 000000000<br>LEI: 254900B3WB4OGRB7HM13 | Long             | EC               | CORP              | TW        |    186041 | NS      | $4083861.83   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                                 | BYD Co Ltd                                                 | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    179000 | NS      | $2613551.96   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Asia Cement Corp                                           | Asia Cement Corp                                           | CUSIP: 000000000<br>LEI: 213800EFQXH43HMGJL59 | Long             | EC               | CORP              | TW        |    376000 | NS      | $508264.95    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates Telecommunications Group Co PJSC                  | Emirates Telecommunications Group Co PJSC                  | CUSIP: 000000000<br>LEI: 529900XDPQPWEQ9BGB80 | Long             | EC               | CORP              | AE        |    407115 | NS      | $2099279.37   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoprite Holdings Ltd                                      | Shoprite Holdings Ltd                                      | CUSIP: 000000000<br>LEI: 529900Q4O1EYP6NH5150 | Long             | EC               | CORP              | ZA        |    116477 | NS      | $1697704.43   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Land Ltd                                   | China Resources Land Ltd                                   | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | KY        |   1316000 | NS      | $4825728.92   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Paranaense de Energia - Copel                          | Cia Paranaense de Energia - Copel                          | CUSIP: 000000000<br>LEI: 2549001AS1I9A71VG663 | Long             | EC               | CORP              | BR        |    289174 | NS      | $570131.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp                               | China Construction Bank Corp                               | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |  38120960 | NS      | $38990239.29  | 3.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Eva Airways Corp                                           | Eva Airways Corp                                           | CUSIP: 000000000<br>LEI: 254900S1P4XOXV67GC07 | Long             | EC               | CORP              | TW        |    450000 | NS      | $567404.94    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| WT Microelectronics Co Ltd                                 | WT Microelectronics Co Ltd                                 | CUSIP: 000000000<br>LEI: 549300B9CGCS0W06W129 | Long             | EC               | CORP              | TW        |    162000 | NS      | $742926.26    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** SCHWAB CAPITAL TRUST

**Signature:** Dana Smith

**Name of Signer:** Dana Smith

**Title:** CFO