# EDGAR Filing Document

**Accession Number:** 0000832545
**File Stem:** 0001104659-25-081325
**Filing Date:** 2025-8
**Character Count:** 34946
**Document Hash:** d5137d5fd8bcda75508a8d1a3a885eff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-081325.hdr.sgml**: 20250922

**ACCESSION NUMBER**: 0001104659-25-081325

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250821

**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:** CORRESP

**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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CHARLES SCHWAB FAMILY OF FUNDS
- **CENTRAL INDEX KEY:** 0000857156

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCHWAB CHARLES FAMILY OF FUNDS
- **DATE OF NAME CHANGE:** 19920703
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB STRATEGIC TRUST
- **CENTRAL INDEX KEY:** 0001454889

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Schwab Strategic Trust
- **DATE OF NAME CHANGE:** 20090127
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB ANNUITY PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000918266

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LAUDUS TRUST
- **CENTRAL INDEX KEY:** 0000832545

**ORGANIZATION NAME:**
- **EIN:** 680163788
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARR ROSENBERG SERIES TRUST
- **DATE OF NAME CHANGE:** 19961003

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ROSENBERG SERIES TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ROSENBERG SMALL CAPITALIZATION FUND
- **DATE OF NAME CHANGE:** 19881030
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB INVESTMENTS
- **CENTRAL INDEX KEY:** 0000869365

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**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

---

| | |
|:---|:---|
| ![](tm2523994d1_corresp001.jpg) | 1900 K Street, NW<br> Washington, DC 20006<br> +1 202 261 3300 Main<br> +1 202 261 3333 Fax<br> www.dechert.com<br>|

---

August 21, 2025

**Via EDGAR**

Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549

Attn: Ms. Christina Fettig

---

| | |
|:---|:---|
| Re: | Sarbanes-Oxley Review of Select Series of Charles Schwab Family of Funds (File No. 811-05954); Laudus Trust (File No. 811-05547); Schwab Annuity Portfolios (File No. 811-08314); Schwab Capital Trust (File No. 811-07704); Schwab Investments (File No. 811-06200); and Schwab Strategic Trust (File No. 811-22311) (each, a "Registrant" and collectively, the "Registrants") |

---

Dear Ms. Fettig:

This letter responds to comments that you conveyed orally via a telephone conference with Dana Smith and Alexandra Riedel of Charles Schwab Investment Management, Inc., dba Schwab Asset Management ("Schwab"), and Stephen Cohen and Phillip Garber of Dechert LLP on July 22, 2025, in connection with your review of certain filings and other materials of select series of the Registrants as set forth in Appendix A (each, a "Fund") pursuant to the Sarbanes-Oxley Act of 2002. A summary of your comments, followed by the Registrants' responses, is set forth below:

***Shareholder Reports***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.**  **<u>Comment</u>:** The fund statistics section for the Schwab Value Advantage Money Fund's shareholder
report includes net assets on a per class basis. The staff ("Staff") of the Securities and Exchange Commission ("SEC")
notes that Form N-1A Item 27A(e) requires disclosure of net assets of the Fund in this section.

**<u>Response</u>:** The Registrant will disclose Fund net assets in future shareholder reports.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.**  **<u>Comment</u>:** For each Fund listed below, the 1-year total average annual return disclosed in
the Fund's shareholder report did not align with the 1-year total return disclosed in the Fund's financial highlights. The
Staff notes that Form N-1A Item 27A(d)(2) Instruction 5 requires a fund to use the 1-year total return in the fund's most recent
audited financial highlights for the 1-year annual total return without sales charges.

· Schwab Health Care Fund

· Schwab U.S. Dividend Equity ETF

![](tm2523994d1_corresp001.jpg)

· Schwab Short-Term U.S. Treasury ETF

· Schwab VIT Balanced Portfolio

· Schwab Crypto Thematic ETF

· Schwab Target 2045 Index Fund

· Schwab Target 2065 Index Fund

· Schwab Fundamental U.S. Small Company ETF

**<u>Response</u>:** Registrants note that performance in the shareholder reports for these Funds was based on a shareholder's transactional net asset value to better reflect the performance that shareholders would receive in their accounts, consistent with the methodology used to report performance in the management discussion of fund performance reporting section prior to the tailored shareholder report amendments. The Registrants confirm that they will disclose the 1-year total average annual returns based on the most recent audited financial highlights in future shareholder reports.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.**  **<u>Comment</u>:** The Staff notes that Rule 30e-1(b)(2) of the Investment Company Act of 1940, as
amended (the "1940 Act"), requires open-end management investment companies to make Items 8 through 11 of Form N-CSR publicly
accessible, free of charge, at the website address specified at the beginning of the shareholder report. Please confirm how the Registrants
comply with this requirement.

**<u>Response</u>:** Registrants note that each Fund makes available Items 8 through 11 on its website. The information can be accessed from the link provided in the regulatory document which brings the user to a landing page on which the various regulatory documents are available. Any disclosures filed on Form N-CSR in response to Items 8 through 11 would be included in the document entitled "Annual Holdings and Financial Statements" and "Semiannual Holdings and Financial Statements" on this landing page. The Registrants will enhance the way they make these available on their website by including references to Items 7 through 11 in future holdings and financial statements reports.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.**  **<u>Comment</u>:** The Staff notes that Items 10 and 11 of the Registrants' Form N-CSRs include
a cross-reference to Item 7. When referring to Item 7, please consider ways to make it easier for investors to locate the required disclosure.

**<u>Response</u>:** The Registrants confirm that they will consider adding more specificity to the cross-references to make it easier for investors to locate the required disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.**  **<u>Comment</u>:** The Staff notes that Item 11 of the Form N-CSRs filed by Schwab Annuity Portfolios
and Schwab Capital Trust for the fiscal year ended December 31, 2024 includes

![](tm2523994d1_corresp001.jpg)

a cross-reference to a report filed under Item 7, but the report filed under Item 7 does not contain a statement regarding the basis for approval of the investment advisory contract.

**<u>Response</u>:** The Registrants confirm the statement regarding the basis for approval of the investment advisory contract was included in the N-CSR filed for the period ended June 30, 2024. The Registrants will enhance this disclosure in future filings.

***Financial Statements***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.**  **<u>Comment</u>:** The Staff notes that in the Schedule of Investments in the Schwab Municipal Bond
ETF's financial statements indicate that the Fund invests in zero coupon securities. Please consider showing a yield or some other
indicator of the rate at which the income from these investments is recognized.

**<u>Response</u>:** The Registrants will add the requested disclosure in future filings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.**  **<u>Comment</u>:** The Staff notes that the Schedule of Investments for certain Funds showed investments
in preferred stocks. If the dividend rate for preferred stocks is known, please disclose the rate as required by footnote 4 of Regulation
S-X rule 12-12.

**<u>Response</u>:** It is the Registrants' practice to disclose the dividend rate, if known, with each filing cycle. The Registrants note that the Schedules of Investments for the Funds reviewed showed preferred stocks for which the Registrant did not know the dividend rate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.**  **<u>Comment</u>:** The Staff notes that closed-end funds that are disclosed on the Schedule of Investments
in the financial statements of the Schwab Municipal Money Fund and Schwab AMT Tax-Free Money Fund are categorized based on the state of
organization of the closed-end fund rather than the state in which the investments are made by the closed-end fund. Please explain the
categorizations of the variable rate demand preferred shares held by the closed-end funds.

**<u>Response</u>:** It is the Registrants' practice to categorize closed-end fund investments based on the state in which the investments are made by the closed-end funds. Closed-end funds that hold investments across multiple states are categorized as multiple states. Closed-end fund investments are not classified by the state of organization of the closed-end fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.**  **<u>Comment</u>:** The Staff notes that the notes to the financial statements for the exchange-traded
funds ("ETFs") indicate there are variable charges paid to the ETFs. Please disclose the accounting policy for these variable
charges paid to the ETFs.

**<u>Response</u>:** The Registrants will add the requested disclosure in future filings.

![](tm2523994d1_corresp001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.**  **<u>Comment</u>:** In future Form N-CSR filings, please disclose more detail in your response to Item
4(b) and 4(c) about the nature of the services rendered by the principal accountant for the audit-related fees and the tax fees.

**<u>Response</u>:** The Registrants will further enhance their disclosure to include more detail in future Form N-CSR filings for Item 4(b) and 4(c) consistent with industry practice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.**  **<u>Comment</u>:** The Staff notes that the website for the money market funds include references
to the daily liquid asset and weekly liquid asset requirements that applied before the recent amendments to rule 2a-7 under the 1940 Act
(10 and 30 percent, respectively). Please update these references to reflect the daily liquid asset and weekly liquid asset requirements
under the amended rule 2a-7 (25 and 50 percent, respectively).

**<u>Response</u>:** The Registrants confirm that these changes have been incorporated.

***Prospectus***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.**  **<u>Comment</u>:** The Staff notes that the Schwab High Yield Bond ETF's fee table includes
a footnote indicating that the Fund's other expenses are estimated. The Staff notes that the Fund had at least one year of operating
history at the time of the prospectus update. Please confirm whether other expenses are estimated.

**<u>Response</u>:** The Registrant confirms that other expenses are based on actual amounts for the most recent fiscal year. The Registrant will remove the footnote at the next opportunity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.**  **<u>Comment</u>:** The Staff notes that some of the international ETFs incurred professional fees
relating to tax reclaims, but the expense table for these Funds indicate "None" in the other expenses line item. Please consider
whether the fee table should state "None" for other expenses when these Funds are incurring other expenses.

**<u>Response</u>:** As noted on the telephone conference held on April 29, 2022 and our response to the Staff's comments dated May 26, 2022, Schwab generally views professional fees and reimbursements made to the investment adviser in the amounts of less than 0.01% (*i.e.*, one basis point) of the average net assets of a Fund to be immaterial. In this case, the total amount of professional fees and reimbursements associated with tax reclaims for any Fund amounted to less than one basis point, and in relation to the size of the Funds, Schwab deemed such amounts to be immaterial. These fees are paid upfront by the Funds and are contractually waived by the investment adviser. In addition, these are non-routine fees, infrequent in occurrence and subject to repayment to the investment adviser only if the Fund successfully recovers income related to foreign tax reclaims. Professional fees

![](tm2523994d1_corresp001.jpg)

associated with upfront professional fees for tax reclaims are presented as an expense and expense reduction along with an explanatory footnote in the Statement of Operations, and all details are presented on a gross basis in the notes to financial statements, affiliated transaction section. Repayment made to the investment adviser for previously waived upfront professional fees occurs when the Fund recognizes income. When income recognition occurs, the investment adviser is repaid for previously waived professional fees associated with foreign tax reclaims. Repayment of previously waived fee amounts are presented net of dividend income and are measured for separate disclosure when the amount exceeds one basis point of average net assets. All details related to a Fund's foreign tax reclaim activities during the period are disclosed on a gross basis in the notes to financial statements, affiliated transaction section.

Because the professional fees relating to tax reclaims were less than one basis point and immaterial to the Funds, they did not impact the Total Annual Fund Operating Expenses shown for the Funds. However, going forward, the Registrant will update the Fund Fees and Expenses tables for these Funds to show a number (*i.e.*, 0.00%) rather than "None" at each Fund's next annual update.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.**  **<u>Comment</u>:** Please confirm whether the Schwab Core Equity Fund, Schwab Large-Cap Growth Fund,
and Schwab Select Large Cap Growth Fund meet the diversification requirements for a "diversified" fund.

**<u>Response</u>:** The Registrants confirm that the Schwab Core Equity Fund, Schwab Large-Cap Growth Fund, and Schwab Select Large Cap Growth Fund meet the requirements for a "diversified" fund under Section 5(b)(1) and 5(c) of the 1940 Act. The Registrants note that Section 5(c) of the 1940 Act states that "a registered diversified company which at the time of its qualification as such meets the requirements of paragraph (1) of subsection (b) shall not lose its status as a diversified company because of any subsequent discrepancy between the value of its various investments and the requirements of said paragraph, so long as any such discrepancy existing immediately after its acquisition of any security or other property is neither wholly nor partly the result of such acquisition."

***N-CEN***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.**  **<u>Comment</u>:** The Staff notes that the Schwab U.S. Broad Market ETF checked Item C.6.b(i)(1)
on Form N-CEN, indicating that the Fund liquidated collateral pledged for securities lending. Please provide additional information describing
the resolution of the issue and any impact to the Fund's NAV and/or control structure.

**<u>Response</u>:** The Registrant notes that the Schwab U.S. Broad Market ETF's response to Item C.6.b(i)(1) on Form N-CEN, indicating that the fund liquidated collateral pledged for

![](tm2523994d1_corresp001.jpg)

securities lending, is correct. There was one instance during the period covered by the report where the Fund forced a purchase from a lender as a result of the Fund selling out of a security position in which the collateral was liquidated to make the Fund whole. The amount of collateral liquidated was less than $100,000, and there was no impact to the Fund's controls related to the securities lending program oversight or its net asset value.

\* \* \*

Should you have any questions or comments, please contact me at 202.261.3304.

Sincerely,

<u>/s/ Stephen T. Cohen</u>

Stephen T. Cohen

![](tm2523994d1_corresp001.jpg)

**<u>Appendix A</u>**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**File #** | &nbsp;&nbsp;**Registrant Name** | &nbsp;&nbsp;**Series Name** | &nbsp;&nbsp;**FYE <br> Reviewed** |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab AMT Tax-Free Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab California Municipal Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab Government Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab Municipal Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab New York Municipal Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab Retirement Government Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab Treasury Obligations Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab U.S. Treasury Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05954 | &nbsp;&nbsp;CHARLES SCHWAB FAMILY OF FUNDS | &nbsp;&nbsp;Schwab Value Advantage Money Fund | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-05547 | &nbsp;&nbsp;LAUDUS TRUST | &nbsp;&nbsp;Schwab Select Large Cap Growth Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-08314 | &nbsp;&nbsp;SCHWAB ANNUITY PORTFOLIOS | &nbsp;&nbsp;Schwab Government Money Market Portfolio | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-08314 | &nbsp;&nbsp;SCHWAB ANNUITY PORTFOLIOS | &nbsp;&nbsp;Schwab S&P 500 Index Portfolio | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-08314 | &nbsp;&nbsp;SCHWAB ANNUITY PORTFOLIOS | &nbsp;&nbsp;Schwab VIT Balanced Portfolio | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-08314 | &nbsp;&nbsp;SCHWAB ANNUITY PORTFOLIOS | &nbsp;&nbsp;Schwab VIT Balanced with Growth Portfolio | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-08314 | &nbsp;&nbsp;SCHWAB ANNUITY PORTFOLIOS | &nbsp;&nbsp;Schwab VIT Growth Portfolio | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Balanced Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Core Equity Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Dividend Equity Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Fundamental Emerging Markets Equity Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Fundamental International Equity Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Fundamental International Small Equity Index Fund | &nbsp;&nbsp;10/31/2024 |

---

![](tm2523994d1_corresp001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**File #** | &nbsp;&nbsp;**Registrant Name** | &nbsp;&nbsp;**Series Name** | &nbsp;&nbsp;**FYE <br> Reviewed** |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Fundamental U.S. Large Company Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Fundamental U.S. Small Company Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Health Care Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab International Core Equity Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab International Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab International Opportunities Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Large-Cap Growth Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab MarketTrack All Equity Portfolio | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab MarketTrack Balanced Portfolio | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab MarketTrack Conservative Portfolio | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab MarketTrack Growth Portfolio | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab S&P 500 Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Small-Cap Equity Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Small-Cap Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2010 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2015 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2020 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2025 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2030 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2035 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2040 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2045 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2050 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2055 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2060 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2065 Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Total Stock Market Index Fund | &nbsp;&nbsp;10/31/2024 |

---

![](tm2523994d1_corresp001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**File #** | &nbsp;&nbsp;**Registrant Name** | &nbsp;&nbsp;**Series Name** | &nbsp;&nbsp;**FYE <br> Reviewed** |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab U.S. Large-Cap Growth Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab U.S. Large-Cap Value Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab U.S. Mid-Cap Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Monthly Income Fund - Flexible Payout | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Monthly Income Fund - Income Payout | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Monthly Income Fund - Target Payout | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Fundamental Global Real Estate Index Fund | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2010 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2015 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2020 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2025 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2030 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2035 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2040 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2045 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2050 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2055 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2060 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-07704 | &nbsp;&nbsp;SCHWAB CAPITAL TRUST | &nbsp;&nbsp;Schwab Target 2065 Index Fund | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab 1000 Index Fund | &nbsp;&nbsp;10/31/2024 |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab Global Real Estate Fund | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab California Tax-Free Bond Fund | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab Opportunistic Municipal Bond Fund | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab Short-Term Bond Index Fund | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab Tax-Free Bond Fund | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab Treasury Inflation Protected Securities Index Fund | &nbsp;&nbsp;8/31/2024 |

---

![](tm2523994d1_corresp001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**File #** | &nbsp;&nbsp;**Registrant Name** | &nbsp;&nbsp;**Series Name** | &nbsp;&nbsp;**FYE <br> Reviewed** |
| &nbsp;&nbsp;811-06200 | &nbsp;&nbsp;SCHWAB INVESTMENTS | &nbsp;&nbsp;Schwab U.S. Aggregate Bond Index Fund | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab 1-5 Year Corporate Bond ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab 5-10 Year Corporate Bond ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Intermediate-Term U.S. Treasury ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Long-Term U.S. Treasury ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Municipal Bond ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Short-Term U.S. Treasury ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Aggregate Bond ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. TIPS ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Ultra-Short Income ETF | &nbsp;&nbsp;12/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Fundamental Emerging Markets Equity ETF | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Fundamental International Equity ETF | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Fundamental International Small Equity ETF | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Fundamental U.S. Broad Market ETF | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Fundamental U.S. Large Company ETF | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Fundamental U.S. Small Company ETF | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. REIT ETF | &nbsp;&nbsp;2/28/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Ariel ESG ETF | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Crypto Thematic ETF | &nbsp;&nbsp;3/31/2025 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab 1000 Index ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab Emerging Markets Equity ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab High Yield Bond ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab International Dividend Equity ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab International Equity ETF | &nbsp;&nbsp;8/31/2024 |

---

![](tm2523994d1_corresp001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**File #** | &nbsp;&nbsp;**Registrant Name** | &nbsp;&nbsp;**Series Name** | &nbsp;&nbsp;**FYE <br> Reviewed** |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab International Small-Cap Equity ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Broad Market ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Dividend Equity ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Large-Cap ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Large-Cap Growth ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Large-Cap Value ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Mid-Cap ETF | &nbsp;&nbsp;8/31/2024 |
| &nbsp;&nbsp;811-22311 | &nbsp;&nbsp;SCHWAB STRATEGIC TRUST | &nbsp;&nbsp;Schwab U.S. Small-Cap ETF | &nbsp;&nbsp;8/31/2024 |

---