# EDGAR Filing Document

**Accession Number:** 0000904333
**File Stem:** 0001752724-23-015263
**Filing Date:** 2023-1
**Character Count:** 211414
**Document Hash:** e0eed648066b72e60dd46936d6b41bf1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015263.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015263

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB CAPITAL TRUST
- **CENTRAL INDEX KEY:** 0000904333
- **IRS NUMBER:** 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:** 23558754

**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 Global Real Estate Index Fund (Series ID: S000046499)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000145193 | Schwab Fundamental Global Real Estate Index Fund | SFREX           |

## Nport-Ex

Schwab Capital Trust <br>Schwab Fundamental Global Real Estate Index Fund

------

**Portfolio Holdings** as of November 30, 2022 (Unaudited)

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

The following are the portfolio holdings as of the report date. For more information, please refer to the fund's semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.

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

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| **COMMON STOCKS** 99.1% OF NET ASSETS | **COMMON STOCKS** 99.1% OF NET ASSETS | **COMMON STOCKS** 99.1% OF NET ASSETS |
| **Australia 3.7%** | **Australia 3.7%** | **Australia 3.7%** |
| Charter Hall Group  | &nbsp;&nbsp;&nbsp;&nbsp; 11274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108895 |
| Charter Hall Retail REIT  | &nbsp;&nbsp;&nbsp;&nbsp; 24954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69318 |
| Cromwell Property Group  | &nbsp;&nbsp;&nbsp; 117012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56261 |
| Dexus  | &nbsp;&nbsp;&nbsp;&nbsp; 49931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 274126 |
| Goodman Group  | &nbsp;&nbsp;&nbsp;&nbsp; 37183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 491929 |
| Mirvac Group  | &nbsp;&nbsp;&nbsp; 365622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 561054 |
| REA Group Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80943 |
| Region RE Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 45556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86458 |
| Scentre Group  | &nbsp;&nbsp;&nbsp; 471207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 961115 |
| Stockland  | &nbsp;&nbsp;&nbsp; 276153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 721000 |
| The GPT Group  | &nbsp;&nbsp;&nbsp;&nbsp; 91371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 281691 |
| Vicinity Ltd.  | &nbsp;&nbsp;&nbsp; 330927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 460745 |
| Waypoint REIT Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 24720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47116 |
|  |  | **4200651** |
| **Austria 0.1%** | **Austria 0.1%** | **Austria 0.1%** |
| CA Immobilien Anlagen AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71240 |
| IMMOFINANZ AG \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34628 |
| S IMMO AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8652 |
|  |  | **114520** |
| **Belgium 0.2%** | **Belgium 0.2%** | **Belgium 0.2%** |
| Aedifica S.A.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35146 |
| Cofinimmo S.A.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113954 |
| Warehouses De Pauw CVA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64316 |
|  |  | **213416** |
| **Brazil 0.3%** | **Brazil 0.3%** | **Brazil 0.3%** |
| BR Malls Participacoes S.A.  | &nbsp;&nbsp;&nbsp;&nbsp; 72422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cyrela Brazil Realty S.A. Empreendimentos <br> e Participacoes <br>| &nbsp;&nbsp;&nbsp;&nbsp; 43781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121151 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multiplan Empreendimentos Imobiliarios <br> S.A. <br>| &nbsp;&nbsp;&nbsp;&nbsp; 15900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70257 |
|  |  | **313522** |
| **Canada 2.5%** | **Canada 2.5%** | **Canada 2.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Allied Properties Real Estate Investment <br> Trust <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123808 |
| Altus Group Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67549 |
| Artis Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 15181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104619 |
| Boardwalk Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99817 |
| Canadian Apartment Properties REIT  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 234232 |
| Chartwell Retirement Residences  | &nbsp;&nbsp;&nbsp;&nbsp; 18077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111810 |
| &nbsp;&nbsp;&nbsp;&nbsp; Choice Properties Real Estate Investment <br> Trust <br>| &nbsp;&nbsp;&nbsp;&nbsp; 11877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130058 |
| Colliers International Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102266 |
| Crombie Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76878 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; Dream Industrial Real Estate Investment <br> Trust <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42944 |
| Dream Office Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78542 |
| First Capital Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 20359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259567 |
| FirstService Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121651 |
| Granite Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88094 |
| H&R Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 35585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 329091 |
| &nbsp;&nbsp;&nbsp;&nbsp; Killam Apartment Real Estate Investment <br> Trust <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68890 |
| &nbsp;&nbsp;&nbsp;&nbsp; NorthWest Healthcare Properties Real <br> Estate Investment Trust <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73354 |
| RioCan Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 28333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 445273 |
| SmartCentres Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199757 |
| Tricon Residential, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52518 |
|  |  | **2810718** |
| **China 11.5%** | **China 11.5%** | **China 11.5%** |
| Agile Group Holdings Ltd. \**(a)* | 1243000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 409370 |
| C&D International Investment Group Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 23719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56253 |
| China Aoyuan Group Ltd. \**(a)(b)* | &nbsp;&nbsp;&nbsp; 729127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55075 |
| China Evergrande Group \**(b)* | 4094000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 432412 |
| China Jinmao Holdings Group Ltd.  | 1757000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 416169 |
| &nbsp;&nbsp;&nbsp;&nbsp; China Merchants Shekou Industrial Zone <br> Holdings Co., Ltd., A Shares <br>| &nbsp;&nbsp;&nbsp;&nbsp; 68100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 148729 |
| China Overseas Grand Oceans Group Ltd.  | &nbsp;&nbsp;&nbsp; 294000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136255 |
| China Overseas Land & Investment Ltd.  | &nbsp;&nbsp;&nbsp; 741500 | &nbsp;&nbsp;&nbsp;&nbsp; 2026168 |
| China Resources Land Ltd.  | &nbsp;&nbsp;&nbsp; 376000 | &nbsp;&nbsp;&nbsp;&nbsp; 1746488 |
| China SCE Group Holdings Ltd. \* | 1237000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113957 |
| China South City Holdings Ltd. \* | 1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102943 |
| China Vanke Co., Ltd., A Shares  | &nbsp;&nbsp;&nbsp; 153900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 411491 |
| China Vanke Co., Ltd., H Shares  | &nbsp;&nbsp;&nbsp; 437500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 908063 |
| CIFI Holdings Group Co., Ltd. \**(a)* | &nbsp;&nbsp;&nbsp; 791440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122411 |
| Country Garden Holdings Co., Ltd. \**(a)* | 3232000 | &nbsp;&nbsp;&nbsp;&nbsp; 1264041 |
| Country Garden Services Holdings Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 30400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76014 |
| &nbsp;&nbsp;&nbsp;&nbsp; Evergrande Property Services Group <br> Ltd. \**(b)*<br>| &nbsp;&nbsp;&nbsp;&nbsp; 51000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7509 |
| Fantasia Holdings Group Co., Ltd. \**(b)* | 2614500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33472 |
| Gemdale Corp., A Shares  | &nbsp;&nbsp;&nbsp;&nbsp; 46000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gemdale Properties & Investment Corp., <br> Ltd. <br>| 1310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102953 |
| Greentown China Holdings Ltd.  | &nbsp;&nbsp;&nbsp; 114000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195939 |
| &nbsp;&nbsp;&nbsp;&nbsp; Guangzhou R&F Properties Co., Ltd., <br> H Shares \*<br>| 2706622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 684831 |
| Hopson Development Holdings Ltd. \* | &nbsp;&nbsp;&nbsp; 141082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160699 |
| Kaisa Group Holdings Ltd. \**(b)* | 1271000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68343 |
| KE Holdings, Inc., ADR \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66986 |
| KWG Group Holdings Ltd. \* | &nbsp;&nbsp;&nbsp; 648000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150244 |
| Longfor Group Holdings Ltd.  | &nbsp;&nbsp;&nbsp; 206500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 629161 |
| Midea Real Estate Holding Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 52000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74753 |
| &nbsp;&nbsp;&nbsp;&nbsp; Poly Developments and Holdings Group <br> Co., Ltd., A Shares <br>| &nbsp;&nbsp;&nbsp; 107400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 253710 |
| Poly Property Group Co., Ltd  | 1135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 283239 |
| &nbsp;&nbsp;&nbsp;&nbsp; RiseSun Real Estate Development Co., Ltd., <br> A Shares \*<br>| &nbsp;&nbsp;&nbsp; 108100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40047 |

---

**1**

------

Schwab Fundamental Global Real Estate Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Ronshine China Holdings Ltd. \* | &nbsp;&nbsp;&nbsp; 617000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58186 |
| Seazen Group Ltd. \* | &nbsp;&nbsp;&nbsp; 794000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 361401 |
| Seazen Holdings Co., Ltd., A Shares \* | &nbsp;&nbsp;&nbsp;&nbsp; 21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68657 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shanghai Lujiazui Finance & Trade Zone <br> Development Co., Ltd., A Shares <br>| &nbsp;&nbsp;&nbsp;&nbsp; 77300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111643 |
| Shenzhen Investment Ltd.  | &nbsp;&nbsp;&nbsp; 861563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140896 |
| Shinsun Holdings Group Co., Ltd. \**(a)* | &nbsp;&nbsp;&nbsp; 858000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42205 |
| Sino-Ocean Group Holding Ltd.  | 1937500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 246982 |
| Times China Holdings Ltd. \**(a)* | &nbsp;&nbsp;&nbsp; 813498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147230 |
| Yuexiu Property Co., Ltd.  | &nbsp;&nbsp;&nbsp; 275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 349028 |
| Yuzhou Group Holdings Co., Ltd. \**(a)* | 2715963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121077 |
| Zhenro Properties Group Ltd. \* | 1510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65380 |
|  |  | **12966850** |
| **France 1.5%** | **France 1.5%** | **France 1.5%** |
| Altarea S.C.A.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45388 |
| Carmila S.A.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41473 |
| Covivio  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244188 |
| Gecina S.A.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 274705 |
| ICADE  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 189286 |
| Klepierre S.A. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 516092 |
| Mercialys S.A.  | &nbsp;&nbsp;&nbsp;&nbsp; 12561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120534 |
| Nexity S.A.  | &nbsp;&nbsp;&nbsp;&nbsp; 11268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 284310 |
|  |  | **1715976** |
| **Germany 1.6%** | **Germany 1.6%** | **Germany 1.6%** |
| ADLER Group S.A. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28689 |
| Aroundtown S.A.  | &nbsp;&nbsp;&nbsp;&nbsp; 64889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157289 |
| Deutsche Euroshop AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36400 |
| Deutsche Wohnen SE  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115832 |
| DIC Asset AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27006 |
| Grand City Properties S.A.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88684 |
| LEG Immobilien SE  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 204874 |
| PATRIZIA SE  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30911 |
| TAG Immobilien AG  | &nbsp;&nbsp;&nbsp;&nbsp; 13469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81230 |
| Vonovia SE  | &nbsp;&nbsp;&nbsp;&nbsp; 40963 | &nbsp;&nbsp;&nbsp;&nbsp; 1017476 |
|  |  | **1788391** |
| **Hong Kong 7.9%** | **Hong Kong 7.9%** | **Hong Kong 7.9%** |
| CK Asset Holdings Ltd.  | &nbsp;&nbsp;&nbsp; 271250 | &nbsp;&nbsp;&nbsp;&nbsp; 1623565 |
| Fortune Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp; 107000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76191 |
| Hang Lung Properties Ltd.  | &nbsp;&nbsp;&nbsp; 175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 323425 |
| Henderson Land Development Co., Ltd.  | &nbsp;&nbsp;&nbsp; 118866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 391846 |
| Hongkong Land Holdings Ltd.  | &nbsp;&nbsp;&nbsp; 109127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 440316 |
| Hysan Development Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 51500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135993 |
| Kerry Properties Ltd.  | &nbsp;&nbsp;&nbsp; 149500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 285799 |
| Link REIT  | &nbsp;&nbsp;&nbsp;&nbsp; 87400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 590369 |
| New World Development Co., Ltd.  | &nbsp;&nbsp;&nbsp; 328460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 781517 |
| Powerlong Real Estate Holdings Ltd.  | &nbsp;&nbsp;&nbsp; 979000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 159403 |
| Sino Land Co., Ltd.  | &nbsp;&nbsp;&nbsp; 294583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 368435 |
| Sun Hung Kai Properties Ltd.  | &nbsp;&nbsp;&nbsp; 195642 | &nbsp;&nbsp;&nbsp;&nbsp; 2360081 |
| Swire Properties Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 84400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190090 |
| The Wharf Holdings Ltd.  | &nbsp;&nbsp;&nbsp; 188000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 508618 |
| Wharf Real Estate Investment Co., Ltd.  | &nbsp;&nbsp;&nbsp; 139200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 645979 |
|  |  | **8881627** |
| **Japan 11.6%** | **Japan 11.6%** | **Japan 11.6%** |
| Activia Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83827 |
| Advance Residence Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115068 |
| Aeon Mall Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 21800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 263276 |
| AEON REIT Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87056 |
| Comforia Residential REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43560 |
| Daito Trust Construction Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 14770 | &nbsp;&nbsp;&nbsp;&nbsp; 1648106 |
| Daiwa House REIT Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134033 |
| Daiwa Office Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49305 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Daiwa Securities Living Investments Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51448 |
| Frontier Real Estate Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65385 |
| Fukuoka REIT Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57008 |
| GLP J-REIT  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111248 |
| Heiwa Real Estate Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80614 |
| Hulic Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 36100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 304846 |
| Hulic REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46421 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial & Infrastructure Fund Investment <br> Corp. <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53269 |
| Invincible Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67123 |
| Japan Excellent, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67548 |
| Japan Hotel REIT Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88333 |
| Japan Logistics Fund, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58360 |
| Japan Metropolitan Fund Invest  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244666 |
| Japan Prime Realty Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105919 |
| Japan Real Estate Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225966 |
| Kenedix Office Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86015 |
| Kenedix Residential Next Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42553 |
| Kenedix Retail REIT Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44425 |
| Mitsubishi Estate Co., Ltd.  | &nbsp;&nbsp;&nbsp; 126400 | &nbsp;&nbsp;&nbsp;&nbsp; 1784838 |
| Mitsui Fudosan Co., Ltd.  | &nbsp;&nbsp;&nbsp; 110900 | &nbsp;&nbsp;&nbsp;&nbsp; 2248284 |
| Mori Hills Reit Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52899 |
| Mori Trust Sogo REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44775 |
| Nippon Accommodations Fund, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63798 |
| Nippon Building Fund, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 242556 |
| Nippon Kanzai Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38925 |
| Nippon Prologis REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118060 |
| NIPPON REIT Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47966 |
| Nomura Real Estate Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 20400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 494137 |
| Nomura Real Estate Master Fund, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 268338 |
| NTT UD REIT Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54664 |
| Open House Group Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 241717 |
| Orix JREIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 163266 |
| Pressance Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40768 |
| Relo Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 131669 |
| SAMTY Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61433 |
| Sekisui House REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64439 |
| Starts Corp., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 132939 |
| Sumitomo Realty & Development Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 43400 | &nbsp;&nbsp;&nbsp;&nbsp; 1181927 |
| Sun Frontier Fudousan Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43690 |
| Takara Leben Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 30400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86438 |
| Tokyo Tatemono Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 25900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 363660 |
| Tokyu Fudosan Holdings Corp.  | &nbsp;&nbsp;&nbsp; 123300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 669578 |
| Tokyu REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51762 |
| United Urban Investment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188628 |
|  |  | **13106532** |
| **Mexico 0.6%** | **Mexico 0.6%** | **Mexico 0.6%** |
| Corp. Inmobiliaria Vesta S.A.B. de C.V.  | &nbsp;&nbsp;&nbsp;&nbsp; 24800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55464 |
| FIBRA Macquarie Mexico  | &nbsp;&nbsp;&nbsp;&nbsp; 80900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120759 |
| Fibra Uno Administracion S.A. de C.V.  | &nbsp;&nbsp;&nbsp; 341000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 423643 |
| &nbsp;&nbsp;&nbsp;&nbsp; PLA Administradora Industrial S. de R.L de <br> C.V. <br>| &nbsp;&nbsp;&nbsp;&nbsp; 76700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111229 |
|  |  | **711095** |
| **Netherlands 1.0%** | **Netherlands 1.0%** | **Netherlands 1.0%** |
| Eurocommercial Properties N.V. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124348 |
| Unibail-Rodamco-Westfield \* | &nbsp;&nbsp;&nbsp;&nbsp; 17099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 921652 |
| Wereldhave N.V.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 109001 |
|  |  | **1155001** |
| **Philippines 1.0%** | **Philippines 1.0%** | **Philippines 1.0%** |
| AC Energy Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 84210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10628 |
| Ayala Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 27230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 338111 |
| Ayala Land, Inc.  | &nbsp;&nbsp;&nbsp; 536132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 303203 |
| GT Capital Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 20470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 159530 |

---

**2** 

------

Schwab Fundamental Global Real Estate Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Megaworld Corp.  | 1402000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55786 |
| Robinsons Land Corp.  | &nbsp;&nbsp;&nbsp; 192900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55025 |
| SM Prime Holdings, Inc.  | &nbsp;&nbsp;&nbsp; 297000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192530 |
|  |  | **1114813** |
| **Singapore 1.7%** | **Singapore 1.7%** | **Singapore 1.7%** |
| CapitaLand Ascendas REIT  | &nbsp;&nbsp;&nbsp; 133688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275496 |
| CapitaLand Ascott Trust  | &nbsp;&nbsp;&nbsp; 128500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89817 |
| CapitaLand China Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 55100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45980 |
| CapitaLand Integrated Commercial Trust  | &nbsp;&nbsp;&nbsp; 132005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 202474 |
| CapitaLand Investment Ltd.  | &nbsp;&nbsp;&nbsp; 106138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 288253 |
| City Developments Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 48800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 299808 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cromwell European Real Estate Investment <br> Trust <br>| &nbsp;&nbsp;&nbsp;&nbsp; 21500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34439 |
| Frasers Logistics & Commercial Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 52000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43800 |
| Manulife US Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 76200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29868 |
| Mapletree Industrial Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 58244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95959 |
| Mapletree Logistics Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 85031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101336 |
| Mapletree Pan Asia Commercial Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 82727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104675 |
| Suntec Real Estate Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85329 |
| UOL Group Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 41580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205050 |
|  |  | **1902284** |
| **South Africa 1.1%** | **South Africa 1.1%** | **South Africa 1.1%** |
| Fortress REIT Ltd., Class A \* | &nbsp;&nbsp;&nbsp; 136892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87871 |
| Growthpoint Properties Ltd.  | &nbsp;&nbsp;&nbsp; 479176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 393838 |
| Hyprop Investments Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 54811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108912 |
| NEPI Rockcastle NV  | &nbsp;&nbsp;&nbsp;&nbsp; 35524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210118 |
| Redefine Properties Ltd.  | 1047268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244285 |
| Resilient REIT Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 29544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91162 |
| Vukile Property Fund Ltd.  | &nbsp;&nbsp;&nbsp; 120926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96050 |
|  |  | **1232236** |
| **Sweden 0.7%** | **Sweden 0.7%** | **Sweden 0.7%** |
| Castellum AB  | &nbsp;&nbsp;&nbsp;&nbsp; 13764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169890 |
| Fabege AB  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78934 |
| Fastighets AB Balder, B Shares \* | &nbsp;&nbsp;&nbsp;&nbsp; 12319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55380 |
| Hufvudstaden AB, A Shares  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50078 |
| JM AB  | &nbsp;&nbsp;&nbsp;&nbsp; 11662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188244 |
| Pandox AB \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83597 |
| Samhallsbyggnadsbolaget i Norden AB  | &nbsp;&nbsp;&nbsp;&nbsp; 23547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43077 |
| Wallenstam AB, B Shares  | &nbsp;&nbsp;&nbsp;&nbsp; 11196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44710 |
| Wihlborgs Fastigheter AB  | &nbsp;&nbsp;&nbsp;&nbsp; 12002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94814 |
|  |  | **808724** |
| **Switzerland 0.8%** | **Switzerland 0.8%** | **Switzerland 0.8%** |
| Allreal Holding AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169810 |
| Mobimo Holding AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102097 |
| PSP Swiss Property AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158758 |
| Swiss Prime Site AG  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 461093 |
|  |  | **891758** |
| **Taiwan 0.4%** | **Taiwan 0.4%** | **Taiwan 0.4%** |
| Chong Hong Construction Co., Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 27000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63099 |
| Farglory Land Development Co. Ltd  | &nbsp;&nbsp;&nbsp;&nbsp; 34000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60351 |
| Highwealth Construction Corp.  | &nbsp;&nbsp;&nbsp; 107533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 156456 |
| Huaku Development Co., Ltd  | &nbsp;&nbsp;&nbsp;&nbsp; 28000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81004 |
| Ruentex Development Co., Ltd  | &nbsp;&nbsp;&nbsp;&nbsp; 56082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84657 |
|  |  | **445567** |
| **Thailand 0.9%** | **Thailand 0.9%** | **Thailand 0.9%** |
| AP Thailand PCL NVDR  | &nbsp;&nbsp;&nbsp; 328861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94667 |
| Bangkok Land PCL, NVDR  | 1737400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51970 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Central Pattana PCL NVDR  | &nbsp;&nbsp;&nbsp; 123800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 256110 |
| Land & Houses PCL NVDR  | &nbsp;&nbsp;&nbsp; 922911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 252020 |
| LPN Development PCL, NVDR  | &nbsp;&nbsp;&nbsp; 384000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49996 |
| Quality Houses PCL NVDR  | 1007400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63638 |
| Sansiri PCL NVDR  | 3393483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151890 |
| Supalai PCL NVDR  | &nbsp;&nbsp;&nbsp; 207182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135405 |
|  |  | **1055696** |
| **United Arab Emirates 1.2%** | **United Arab Emirates 1.2%** | **United Arab Emirates 1.2%** |
| Aldar Properties PJSC  | &nbsp;&nbsp;&nbsp; 265225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 344254 |
| Emaar Development PJSC \* | &nbsp;&nbsp;&nbsp;&nbsp; 97520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111817 |
| Emaar Properties PJSC  | &nbsp;&nbsp;&nbsp; 514388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 855226 |
|  |  | **1311297** |
| **United Kingdom 1.8%** | **United Kingdom 1.8%** | **United Kingdom 1.8%** |
| Assura plc  | &nbsp;&nbsp;&nbsp;&nbsp; 57526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37163 |
| Big Yellow Group plc  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63089 |
| Derwent London plc  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115073 |
| Grainger plc  | &nbsp;&nbsp;&nbsp;&nbsp; 32252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94303 |
| Great Portland Estates plc  | &nbsp;&nbsp;&nbsp;&nbsp; 13408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80910 |
| Hammerson plc  | &nbsp;&nbsp;&nbsp; 344900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100761 |
| Intu Properties plc \**(b)* | &nbsp;&nbsp;&nbsp; 184056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Land Securities Group plc  | &nbsp;&nbsp;&nbsp;&nbsp; 50899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 379777 |
| LondonMetric Property plc  | &nbsp;&nbsp;&nbsp;&nbsp; 15739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33576 |
| LSL Property Services plc  | &nbsp;&nbsp;&nbsp;&nbsp; 11098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31433 |
| NewRiver REIT plc  | &nbsp;&nbsp;&nbsp;&nbsp; 70144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67295 |
| Primary Health Properties plc  | &nbsp;&nbsp;&nbsp;&nbsp; 28275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38227 |
| Rightmove plc  | &nbsp;&nbsp;&nbsp;&nbsp; 19029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129126 |
| Safestore Holdings plc  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63813 |
| Savills plc  | &nbsp;&nbsp;&nbsp;&nbsp; 14721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169065 |
| Segro plc  | &nbsp;&nbsp;&nbsp;&nbsp; 18579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 179795 |
| Sirius Real Estate Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 37384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37127 |
| The British Land Co., plc  | &nbsp;&nbsp;&nbsp;&nbsp; 62025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 297436 |
| The Unite Group plc  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63598 |
| Tritax Big Box REIT plc  | &nbsp;&nbsp;&nbsp;&nbsp; 34148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59682 |
| Workspace Group plc  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43314 |
|  |  | **2084563** |
| **United States 47.0%** | **United States 47.0%** | **United States 47.0%** |
| Acadia Realty Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94449 |
| Agree Realty Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63794 |
| Alexander & Baldwin, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 187131 |
| Alexandria Real Estate Equities, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 589139 |
| American Assets Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99088 |
| American Homes 4 Rent, Class A  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 243362 |
| American Tower Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 10910 | &nbsp;&nbsp;&nbsp;&nbsp; 2413837 |
| Americold Realty Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 10141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 302709 |
| Anywhere Real Estate, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 45764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 345518 |
| Apartment Income REIT Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 317109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Apartment Investment & Management Co., <br> Class A <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59297 |
| Apple Hospitality REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 26346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 449463 |
| Ashford Hospitality Trust, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46742 |
| AvalonBay Communities, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 949357 |
| Boston Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 10551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 760516 |
| Brandywine Realty Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 24250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167567 |
| Brixmor Property Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 24343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 564271 |
| Broadstone Net Lease, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46600 |
| Camden Property Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 396728 |
| CareTrust REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79240 |
| CBRE Group, Inc., Class A  | &nbsp;&nbsp;&nbsp;&nbsp; 22168 | &nbsp;&nbsp;&nbsp;&nbsp; 1764573 |
| Centerspace  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59404 |
| Chatham Lodging Trust \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94178 |
| Corporate Office Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 258150 |
| CoStar Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 361357 |
| Cousins Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 189962 |

---

**3**

------

Schwab Fundamental Global Real Estate Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Crown Castle, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 13585 | &nbsp;&nbsp;&nbsp;&nbsp; 1921327 |
| CubeSmart  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262868 |
| Cushman & Wakefield plc \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108650 |
| DiamondRock Hospitality Co.  | &nbsp;&nbsp;&nbsp;&nbsp; 23932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225200 |
| Digital Realty Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9606 | &nbsp;&nbsp;&nbsp;&nbsp; 1080291 |
| DigitalBridge Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 25137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 362723 |
| Diversified Healthcare Trust  | &nbsp;&nbsp;&nbsp; 204063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 202022 |
| Douglas Emmett, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 11923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 206506 |
| Easterly Government Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67494 |
| EastGroup Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134904 |
| Elme Communities \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140395 |
| Empire State Realty Trust, Inc., Class A  | &nbsp;&nbsp;&nbsp;&nbsp; 21584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 166413 |
| EPR Properties  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 243918 |
| Equinix, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2483 | &nbsp;&nbsp;&nbsp;&nbsp; 1714884 |
| Equity Commonwealth  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142141 |
| Equity LifeStyle Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 333428 |
| Equity Residential  | &nbsp;&nbsp;&nbsp;&nbsp; 16753 | &nbsp;&nbsp;&nbsp;&nbsp; 1086600 |
| Essential Properties Realty Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47186 |
| Essex Property Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 526708 |
| Extra Space Storage, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 472911 |
| Federal Realty Investment Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 418180 |
| First Industrial Realty Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182789 |
| Four Corners Property Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57672 |
| Gaming & Leisure Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 10061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 529309 |
| Getty Realty Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53922 |
| Global Net Lease, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129807 |
| Healthcare Realty Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 19285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 395921 |
| Healthpeak Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 28732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 754502 |
| Hersha Hospitality Trust, Class A  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80844 |
| Highwoods Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 270942 |
| Host Hotels & Resorts, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 84872 | &nbsp;&nbsp;&nbsp;&nbsp; 1607476 |
| Hudson Pacific Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 13489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155933 |
| Industrial Logistics Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28938 |
| Invitation Homes, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 15218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 496563 |
| Iron Mountain, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 22823 | &nbsp;&nbsp;&nbsp;&nbsp; 1239974 |
| JBG SMITH Properties  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175494 |
| Jones Lang LaSalle, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6054 | &nbsp;&nbsp;&nbsp;&nbsp; 1018101 |
| Kennedy-Wilson Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160924 |
| Kilroy Realty Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262216 |
| Kimco Realty Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 26922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 617052 |
| Kite Realty Group Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 11313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 257936 |
| Lamar Advertising Co., Class A  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 490786 |
| Life Storage, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 242390 |
| LTC Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95082 |
| LXP Industrial Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 15801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 170019 |
| Marcus & Millichap, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70756 |
| Medical Properties Trust, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 22287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 292405 |
| Mid-America Apartment Communities, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 647814 |
| National Health Investors, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 143182 |
| National Retail Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335878 |
| National Storage Affiliates Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47971 |
| Newmark Group, Inc., Class A  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78864 |
| Office Properties Income Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141387 |
| Omega Healthcare Investors, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 15600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 472368 |
| Outfront Media, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 16255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 297304 |
| Paramount Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 31617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 206143 |
| Park Hotels & Resorts, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 40884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 524542 |
| Pebblebrook Hotel Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 11475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 191059 |
| Physicians Realty Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 10952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 163513 |
| Piedmont Office Realty Trust, Inc., Class A  | &nbsp;&nbsp;&nbsp;&nbsp; 19043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 198238 |
| Prologis, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 16335 | &nbsp;&nbsp;&nbsp;&nbsp; 1924100 |
| Public Storage  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3588 | &nbsp;&nbsp;&nbsp;&nbsp; 1069080 |
| Realty Income Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 12454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 785474 |
| Regency Centers Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 511976 |
| Retail Opportunity Investments Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112164 |
| Rexford Industrial Realty, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89902 |
| RLJ Lodging Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 31291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 379247 |
| RPT Realty  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101349 |
| Ryman Hospitality Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 266078 |

---

---

| | | |
|:---|:---|:---|
| SECURITY | NUMBER<br> OF SHARES<br>| VALUE ($) |
| Sabra Health Care REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 18924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244309 |
| SBA Communications Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 396572 |
| Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 81515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 639893 |
| Simon Property Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 19726 | &nbsp;&nbsp;&nbsp;&nbsp; 2356073 |
| SITE Centers Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 17279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 234822 |
| SL Green Realty Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 10053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 421824 |
| Spirit Realty Capital, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230916 |
| STAG Industrial, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 166656 |
| STORE Capital Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282730 |
| Summit Hotel Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 14402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123137 |
| Sun Communities, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 409998 |
| Sunstone Hotel Investors, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 27980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 307500 |
| Tanger Factory Outlet Centers, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 12241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 238087 |
| Terreno Realty Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72010 |
| The GEO Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 54360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 642535 |
| The Howard Hughes Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113673 |
| The Macerich Co.  | &nbsp;&nbsp;&nbsp;&nbsp; 35017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 444716 |
| The Necessity Retail REIT, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 10327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68984 |
| UDR, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 10502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 435518 |
| Uniti Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 31100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236982 |
| Urban Edge Properties  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151574 |
| Ventas, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 36544 | &nbsp;&nbsp;&nbsp;&nbsp; 1700392 |
| Veris Residential, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154883 |
| VICI Properties, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 14068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 481126 |
| Vornado Realty Trust  | &nbsp;&nbsp;&nbsp;&nbsp; 21003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 531166 |
| Welltower, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 26281 | &nbsp;&nbsp;&nbsp;&nbsp; 1866739 |
| WP Carey, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 521498 |
| Xenia Hotels & Resorts, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 15761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 243035 |
| Zillow Group, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26105 |
| Zillow Group, Inc., Class C \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80328 |
|  |  | **53117457** |
| **Total Common Stocks**<br> **(Cost $105,518,600)** | **Total Common Stocks**<br> **(Cost $105,518,600)** | **111942694** |
| **INVESTMENT COMPANIES** 0.0% OF NET ASSETS | **INVESTMENT COMPANIES** 0.0% OF NET ASSETS | **INVESTMENT COMPANIES** 0.0% OF NET ASSETS |
| **United States 0.0%** | **United States 0.0%** | **United States 0.0%** |
| iShares Core US REIT ETF  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 448 | **23601** |
| **Total Investment Companies**<br> **(Cost $23,069)** | **Total Investment Companies**<br> **(Cost $23,069)** | **23601** |

---

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

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS** 1.9% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 1.9% OF NET ASSETS | **SHORT-TERM INVESTMENTS** 1.9% OF NET ASSETS |
| **Money Market Funds 1.9%** | **Money Market Funds 1.9%** | **Money Market Funds 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government <br> Money Market Fund, Premier Class <br> 3.66% *(c)(d)*<br>| 2153836 | **2153836** |
| **Total Short-Term Investments**<br> **(Cost $2,153,836)** | **Total Short-Term Investments**<br> **(Cost $2,153,836)** | **2153836** |
| **Total Investments in Securities**<br> **(Cost $107,695,505)** | **Total Investments in Securities**<br> **(Cost $107,695,505)** | **114120131** |

---

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

**4** 

------

Schwab Fundamental Global Real Estate Index Fund

**Portfolio Holdings** (Unaudited) continued

------

---

| | | | |
|:---|:---|:---|:---|
|  | 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; Dow Jones U.S. Real Estate <br> Index, expires 12/16/22<br>| 15 | 519150 | &nbsp;&nbsp; 7329 |
| &nbsp;&nbsp;&nbsp;&nbsp; MSCI EAFE Index, expires <br> 12/16/22<br>| &nbsp;&nbsp; 2 | 197980 | &nbsp;&nbsp; 4288 |
| &nbsp;&nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index, <br> expires 12/16/22<br>| &nbsp;&nbsp; 5 | 245625 | &nbsp;&nbsp; 8959 |
| **Net Unrealized Appreciation** | **Net Unrealized Appreciation** | **Net Unrealized Appreciation** | **20576** |

---

&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 $1,979,711. 

*(b)* Fair-valued using significant unobservable inputs (see Notes for additional information). 

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

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

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

---

| | |
|:---|:---|
| ADR — | American Depositary Receipt |
| CVA — | Dutch Certificate |
| ETF — | Exchange traded fund |
| NVDR — | Non-Voting 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 November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| 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>| $56952792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; $56952792 |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4200651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4200651 |
| &nbsp;&nbsp;&nbsp;&nbsp; Austria | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114520 |
| &nbsp;&nbsp;&nbsp;&nbsp; Belgium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213416 |
| &nbsp;&nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66986 | &nbsp;&nbsp; 12303053 | &nbsp;&nbsp; 596811 | &nbsp;&nbsp;&nbsp;&nbsp; 12966850 |
| &nbsp;&nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1715976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1715976 |
| &nbsp;&nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1788391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1788391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8881627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8881627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 13106532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13106532 |
| &nbsp;&nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1155001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1155001 |
| &nbsp;&nbsp;&nbsp;&nbsp; Philippines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1114813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1114813 |
| &nbsp;&nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1902284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1902284 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 926068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 306168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1232236 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 808724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 808724 |
| &nbsp;&nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 891758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 891758 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 445567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 445567 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thailand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1055696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1055696 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1311297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1311297 |
| &nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300897 | &nbsp;&nbsp;&nbsp;&nbsp; 1783666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2084563 |
| Investment Companies<sup>1</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23601 |
| Short-Term Investments<sup>1</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2153836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2153836 |
| Futures Contracts<sup>2</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20576 |
| **Total** | **$60444756** | **$53099140** | **$596811** | **$114140707** |

---

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

<sup>\*</sup> Level 3 amount shown includes securities determined to have no value at November 30, 2022.

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

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

Fund investments in mutual funds and ETFs are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds and ETF, which could be Level 1, Level 2 or Level 3.

**5**

------

Schwab Fundamental Global Real Estate Index Fund

**Notes to Portfolio Holdings (Unaudited)** 

------

Pursuant to Rule 2a-5 under the 1940 Act, the Board of Trustees (the Board) has designated authority to a Valuation Designee, the fund's 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 and 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 fund's portfolio are valued every business day. The following valuation policies and procedures are used by the Valuation Designee to value various types of securities:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Securities traded on an exchange or over-the-counter:** Traded securities are valued at the closing value for the day, or, on days when no closing value has been reported, at the mean of the most recent bid and ask quotes. 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 the 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 the fund's portfolio holdings and the net asset value (NAV) of the fund's shares and seeks to help ensure that the prices at which the 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 the fund and that of its comparative index or benchmark.

• **Futures contracts:** Futures contracts are valued at their settlement prices as of the close of their exchanges.

• **Mutual funds:** Mutual funds are valued at their respective 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 the fund's securities when market prices are not "readily available" or are unreliable. For example, a security may be fair valued when it is 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 the 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 fund discloses the fair value of its 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, and whose values are therefore classified as Level 1 prices, include active listed equities, mutual funds, ETFs and futures contracts. Investments in mutual funds are valued daily at their NAVs and investments in ETFs are valued daily at the last reported sale price or the official closing price. Mutual funds and ETFs are classified as Level 1 prices, without consideration to the classification level of the underlying securities held by an underlying fund.

&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 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 hours before the valuation of the fund's holdings

**6** 

------

Schwab Fundamental Global Real Estate Index Fund

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

------

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 the 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.

REG84516NOV22

**7**

------

## 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 Global Real Estate Index Fund

- **b. EDGAR series identifier (if any):** S000046499

- **c. LEI of Series:** 549300TU2GMF2KO3ET09

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $113225082.38

**Total Liabilities:** $361500.84

**Net Assets:** $112863581.54

**Cash Not Reported:** $577017.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000145193 | -11.64%              | -0.58%               | 13.13%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-989156.64              | $-13224067.41                              |
| Month 2  | $-1887737.20             | $1179154.28                                |
| Month 3  | $-769170.64              | $13419203.35                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LondonMetric Property PLC                                    | LondonMetric Property PLC                                    | CUSIP: 000000000<br>LEI: 213800OCERWWPQDURL87 | Long             | EC               |  | GB        |     15739 | NS      | $33575.91     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Starts Corp Inc                                              | Starts Corp Inc                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6600 | NS      | $132938.84    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMTY Co Ltd                                                 | SAMTY Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3700 | NS      | $61432.74     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Properties Ltd                                         | Kerry Properties Ltd                                         | CUSIP: 000000000<br>LEI: 5299006T5ULIIRZ7LK49 | Long             | EC               | CORP              | BM        |    149500 | NS      | $285798.69    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Great Portland Estates PLC                                   | Great Portland Estates PLC                                   | CUSIP: 000000000<br>LEI: 213800JMEDD2Q4N1MC42 | Long             | EC               |  | GB        |     13408 | NS      | $80910.21     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Securities Living Investments Corp                     | Daiwa Securities Living Investments Corp                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        60 | NS      | $51448.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors Inc                               | Omega Healthcare Investors Inc                               | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |     15600 | NS      | $472368.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| LEG Immobilien SE                                            | LEG Immobilien SE                                            | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |      3193 | NS      | $204873.63    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Castellum AB                                                 | Castellum AB                                                 | CUSIP: 000000000<br>LEI: 549300GU5OHTR1T5IY68 | Long             | EC               | CORP              | SE        |     13764 | NS      | $169889.91    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity Residential                                           | Equity Residential                                           | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               |  | US        |     16753 | NS      | $1086599.58   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AEON REIT Investment Corp                                    | AEON REIT Investment Corp                                    | CUSIP: 000000000<br>LEI: 353800P59F8MJB4FE788 | Long             | EC               |  | JP        |        75 | NS      | $87056.29     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Pan Asia Commercial Trust                          | Mapletree Pan Asia Commercial Trust                          | CUSIP: 000000000<br>LEI: 549300BF18K4IC5LZ208 | Long             | EC               |  | SG        |     82727 | NS      | $104674.72    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Derwent London PLC                                           | Derwent London PLC                                           | CUSIP: 000000000<br>LEI: 213800BXKQ9KZNUR1M61 | Long             | EC               |  | GB        |      4026 | NS      | $115073.09    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Orix JREIT Inc                                               | Orix JREIT Inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       116 | NS      | $163265.76    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Corp Inmobiliaria Vesta SAB de CV                            | Corp Inmobiliaria Vesta SAB de CV                            | CUSIP: 000000000<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |     24800 | NS      | $55463.87     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| STORE Capital Corp                                           | STORE Capital Corp                                           | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | EC               |  | US        |      8863 | NS      | $282729.70    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Wihlborgs Fastigheter AB                                     | Wihlborgs Fastigheter AB                                     | CUSIP: 000000000<br>LEI: 549300RC1YDJPITF8X06 | Long             | EC               | CORP              | SE        |     12002 | NS      | $94813.69     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Lujiazui Finance & Trade Zone Development Co Ltd    | Shanghai Lujiazui Finance & Trade Zone Development Co Ltd    | CUSIP: 000000000<br>LEI: 300300M6JC23UUM9IN72 | Long             | EC               | CORP              | CN        |     77300 | NS      | $111643.21    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Welltower Inc                                                | Welltower Inc                                                | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               |  | US        |     26281 | NS      | $1866739.43   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenedix Residential Next Investment Corp                     | Kenedix Residential Next Investment Corp                     | CUSIP: 000000000<br>LEI: 353800CYD58GUMFQME07 | Long             | EC               |  | JP        |        28 | NS      | $42553.19     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Chartwell Retirement Residences                              | Chartwell Retirement Residences                              | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |     18077 | NS      | $111809.57    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Growthpoint Properties Ltd                                   | Growthpoint Properties Ltd                                   | CUSIP: 000000000<br>LEI: 37890019DD1E46632291 | Long             | EC               |  | ZA        |    479176 | NS      | $393837.97    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Factory Outlet Centers Inc                            | Tanger Factory Outlet Centers Inc                            | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               |  | US        |     12241 | NS      | $238087.45    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Inc                                       | Jones Lang LaSalle Inc                                       | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      6054 | NS      | $1018101.18   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Swire Properties Ltd                                         | Swire Properties Ltd                                         | CUSIP: 000000000<br>LEI: 5299001L12PHYVQ92465 | Long             | EC               | CORP              | HK        |     84400 | NS      | $190089.81    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Highwoods Properties Inc                                     | Highwoods Properties Inc                                     | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               |  | US        |      9092 | NS      | $270941.60    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| REA Group Ltd                                                | REA Group Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |       950 | NS      | $80942.54     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Realty Income Corp                                           | Realty Income Corp                                           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               |  | US        |     12454 | NS      | $785473.78    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Sirius Real Estate Ltd                                       | Sirius Real Estate Ltd                                       | CUSIP: 000000000<br>LEI: 213800NURUF5W8QSK566 | Long             | EC               | CORP              | GG        |     37384 | NS      | $37127.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hulic Reit Inc                                               | Hulic Reit Inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        37 | NS      | $46420.98     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobimo Holding AG                                            | Mobimo Holding AG                                            | CUSIP: 000000000<br>LEI: 50670018HN8O1GD3O385 | Long             | EC               | CORP              | CH        |       418 | NS      | $102097.28    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Excellent Inc                                          | Japan Excellent Inc                                          | CUSIP: 000000000<br>LEI: 35380015J62221TE0D86 | Long             | EC               |  | JP        |        68 | NS      | $67548.09     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Howard Hughes Corp/The                                       | Howard Hughes Corp/The                                       | CUSIP: 44267D107<br>LEI: 549300BVHY25JZC1KI49 | Long             | EC               | CORP              | US        |      1525 | NS      | $113673.50    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Agile Group Holdings Ltd                                     | Agile Group Holdings Ltd                                     | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | EC               | CORP              | KY        |   1243000 | NS      | $409370.05    | 0.36%             |  |  |  | No            |                  2 | On Loan: —       |
| Nomura Real Estate Master Fund Inc                           | Nomura Real Estate Master Fund Inc                           | CUSIP: 000000000<br>LEI: 353800TNNZOQ1CPZE086 | Long             | EC               |  | JP        |       214 | NS      | $268337.48    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Essential Properties Realty Trust Inc                        | Essential Properties Realty Trust Inc                        | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               |  | US        |      2033 | NS      | $47185.93     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Land Securities Group PLC                                    | Land Securities Group PLC                                    | CUSIP: 000000000<br>LEI: 213800V8IAVKS37D6B88 | Long             | EC               |  | GB        |     50899 | NS      | $379777.19    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Rightmove PLC                                                | Rightmove PLC                                                | CUSIP: 000000000<br>LEI: 2138001JXGCFKBXYB828 | Long             | EC               | CORP              | GB        |     19029 | NS      | $129126.45    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Scentre Group                                                | Scentre Group                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    471207 | NS      | $961115.19    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Dream Office Real Estate Investment Trust                    | Dream Office Real Estate Investment Trust                    | CUSIP: 26153P104<br>LEI: 549300WQI5VPNY3ILE95 | Long             | EC               |  | CA        |      6825 | NS      | $78542.17     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmila SA                                                   | Carmila SA                                                   | CUSIP: 000000000<br>LEI: 222100P6D3QKU33LZQ72 | Long             | EC               |  | FR        |      2897 | NS      | $41472.99     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Four Corners Property Trust Inc                              | Four Corners Property Trust Inc                              | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               |  | US        |      2125 | NS      | $57672.50     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                                                 | WP Carey Inc                                                 | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               |  | US        |      6618 | NS      | $521498.40    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                                      | UDR Inc                                                      | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               |  | US        |     10502 | NS      | $435517.94    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Prime Holdings Inc                                        | SM Prime Holdings Inc                                        | CUSIP: 000000000<br>LEI: 254900SZK83MIAB8CU32 | Long             | EC               | CORP              | PH        |    297000 | NS      | $192530.48    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Lung Properties Ltd                                     | Hang Lung Properties Ltd                                     | CUSIP: 000000000<br>LEI: 529900CIVTNMXQT59E61 | Long             | EC               | CORP              | HK        |    175000 | NS      | $323425.30    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Supalai PCL                                                  | Supalai PCL                                                  | CUSIP: 000000000<br>LEI: 9845000F0E39B2C16696 | Long             | EC               | CORP              | TH        |    207182 | NS      | $135405.47    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Robinsons Land Corp                                          | Robinsons Land Corp                                          | CUSIP: 000000000<br>LEI: 254900BUUS5N9MUSIS52 | Long             | EC               | CORP              | PH        |    192900 | NS      | $55025.19     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Cushman & Wakefield PLC                                      | Cushman & Wakefield PLC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      9514 | NS      | $108649.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                                   | Ventas Inc                                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     36544 | NS      | $1700392.32   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Greentown China Holdings Ltd                                 | Greentown China Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 529900BLBC6YDNWS8530 | Long             | EC               | CORP              | KY        |    114000 | NS      | $195938.90    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| NTT UD REIT Investment Corp                                  | NTT UD REIT Investment Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        51 | NS      | $54663.94     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa House REIT Investment Corp                             | Daiwa House REIT Investment Corp                             | CUSIP: 000000000<br>LEI: 3538001FWU534P8JMO05 | Long             | EC               |  | JP        |        60 | NS      | $134033.39    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Fibra Uno Administracion SA de CV                            | Fibra Uno Administracion SA de CV                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | MX        |    341000 | NS      | $423643.10    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co Ltd                                        | Tokyo Tatemono Co Ltd                                        | CUSIP: 000000000<br>LEI: 529900RQA4JTW1869J86 | Long             | EC               | CORP              | JP        |     25900 | NS      | $363659.61    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SmartCentres Real Estate Investment Trust                    | SmartCentres Real Estate Investment Trust                    | CUSIP: 83179X108<br>LEI: 549300HKEP2IYWZ14H97 | Long             | EC               |  | CA        |      9771 | NS      | $199756.53    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand China Trust                                       | CapitaLand China Trust                                       | CUSIP: 000000000<br>LEI: 5493007T7JU82E186P49 | Long             | EC               |  | SG        |     55100 | NS      | $45980.19     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Seazen Holdings Co Ltd                                       | Seazen Holdings Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     21000 | NS      | $68657.27     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Altarea SCA                                                  | Altarea SCA                                                  | CUSIP: 000000000<br>LEI: 969500ICGCY1PD6OT783 | Long             | EC               |  | FR        |       322 | NS      | $45388.15     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NorthWest Healthcare Properties Real Estate Investment Trust | NorthWest Healthcare Properties Real Estate Investment Trust | CUSIP: 667495105<br>LEI: 254900P6YIXMWDQDD912 | Long             | EC               |  | CA        |      9731 | NS      | $73354.15     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenedix Office Investment Corp                               | Kenedix Office Investment Corp                               | CUSIP: 000000000<br>LEI: 353800FFT483NCIHFY42 | Long             | EC               |  | JP        |        35 | NS      | $86014.91     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Highwealth Construction Corp                                 | Highwealth Construction Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    107533 | NS      | $156456.32    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Americold Realty Trust Inc                                   | Americold Realty Trust Inc                                   | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               |  | US        |     10141 | NS      | $302708.85    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Shekou Industrial Zone Holdings Co Ltd       | China Merchants Shekou Industrial Zone Holdings Co Ltd       | CUSIP: 000000000<br>LEI: 300300T3ACALX7NIPW13 | Long             | EC               | CORP              | CN        |     68100 | NS      | $148729.33    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Regency Centers Corp                                         | Regency Centers Corp                                         | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               |  | US        |      7707 | NS      | $511976.01    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Covivio                                                      | Covivio                                                      | CUSIP: 000000000<br>LEI: 969500P8M3W2XX376054 | Long             | EC               |  | FR        |      4217 | NS      | $244188.10    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                                        | Mitsui Fudosan Co Ltd                                        | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    110900 | NS      | $2248283.96   | 1.99%             |  |  |  | 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        |   2706622 | NS      | $684831.38    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Easterly Government Properties Inc                           | Easterly Government Properties Inc                           | CUSIP: 27616P103<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               |  | US        |      4261 | NS      | $67494.24     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TAG Immobilien AG                                            | TAG Immobilien AG                                            | CUSIP: 000000000<br>LEI: 529900TAE68USJNXLR59 | Long             | EC               | CORP              | DE        |     13469 | NS      | $81230.46     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergrande Property Services Group Ltd                       | Evergrande Property Services Group Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     51000 | NS      | $7508.69      | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Global Net Lease Inc                                         | Global Net Lease Inc                                         | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               |  | US        |      9594 | NS      | $129806.82    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| British Land Co PLC/The                                      | British Land Co PLC/The                                      | CUSIP: 000000000<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               |  | GB        |     62025 | NS      | $297435.60    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Pressance Corp                                               | Pressance Corp                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3500 | NS      | $40767.90     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| TF Administradora Industrial S de RL de CV                   | TF Administradora Industrial S de RL de CV                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | MX        |     76700 | NS      | $111229.71    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Artis Real Estate Investment Trust                           | Artis Real Estate Investment Trust                           | CUSIP: 04315L105<br>LEI: 549300OG2O5VI2N1XS44 | Long             | EC               |  | CA        |     15181 | NS      | $104618.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| RiseSun Real Estate Development Co Ltd                       | RiseSun Real Estate Development Co Ltd                       | CUSIP: 000000000<br>LEI: 3003009NURYQJKU6MT26 | Long             | EC               | CORP              | CN        |    108100 | NS      | $40046.94     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| UOL Group Ltd                                                | UOL Group Ltd                                                | CUSIP: 000000000<br>LEI: 254900O9PRCWTMR86R25 | Long             | EC               | CORP              | SG        |     41580 | NS      | $205049.64    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Logistics Trust                                    | Mapletree Logistics Trust                                    | CUSIP: 000000000<br>LEI: 549300M9EBZIYH387075 | Long             | EC               |  | SG        |     85031 | NS      | $101336.45    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Dexus                                                        | Dexus                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     49931 | NS      | $274126.05    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| United Urban Investment Corp                                 | United Urban Investment Corp                                 | CUSIP: 000000000<br>LEI: 353800GYZWBD7BDCN841 | Long             | EC               |  | JP        |       168 | NS      | $188628.00    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Quality Houses PCL                                           | Quality Houses PCL                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |   1007400 | NS      | $63637.51     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Real Estate Holdings Inc                              | Nomura Real Estate Holdings Inc                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     20400 | NS      | $494136.80    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| CubeSmart                                                    | CubeSmart                                                    | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               |  | US        |      6351 | NS      | $262867.89    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuzhou Group Holdings Co Ltd                                 | Yuzhou Group Holdings Co Ltd                                 | CUSIP: 000000000<br>LEI: 213800MP59KHGJSPHE82 | Long             | EC               | CORP              | KY        |   2715963 | NS      | $121077.23    | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| Sun Communities Inc                                          | Sun Communities Inc                                          | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |      2791 | NS      | $409997.90    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                                  | Centerspace                                                  | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               |  | US        |       921 | NS      | $59404.50     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust                                            | RLJ Lodging Trust                                            | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               |  | US        |     31291 | NS      | $379246.92    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand City Properties SA                                     | Grand City Properties SA                                     | CUSIP: 000000000<br>LEI: 5299002QLUYKK2WBMB18 | Long             | EC               | CORP              | LU        |      8851 | NS      | $88684.25     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Killam Apartment Real Estate Investment Trust                | Killam Apartment Real Estate Investment Trust                | CUSIP: 49410M102<br>LEI: N/A                  | Long             | EC               |  | CA        |      5451 | NS      | $68889.71     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| China Overseas Land & Investment Ltd                         | China Overseas Land & Investment Ltd                         | CUSIP: 000000000<br>LEI: 529900I6W35GYKRIZ151 | Long             | EC               | CORP              | HK        |    741500 | NS      | $2026167.65   | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Megaworld Corp                                               | Megaworld Corp                                               | CUSIP: 000000000<br>LEI: 254900P57OOZ5AY5C521 | Long             | EC               | CORP              | PH        |   1402000 | NS      | $55785.72     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenedix Retail REIT Corp                                     | Kenedix Retail REIT Corp                                     | CUSIP: 000000000<br>LEI: 353800IOH9ONLGE3AQ55 | Long             | EC               |  | JP        |        23 | NS      | $44424.72     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| China Vanke Co Ltd                                           | China Vanke Co Ltd                                           | CUSIP: 000000000<br>LEI: 529900E66UJ2DWY7KW55 | Long             | EC               | CORP              | CN        |    153900 | NS      | $411491.11    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| GT Capital Holdings Inc                                      | GT Capital Holdings Inc                                      | CUSIP: 000000000<br>LEI: 254900P0ZPSRAHUO2131 | Long             | EC               | CORP              | PH        |     20470 | NS      | $159529.92    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Hotel REIT Investment Corp                             | Japan Hotel REIT Investment Corp                             | CUSIP: 000000000<br>LEI: 353800L8KG849FP1JI68 | Long             | EC               |  | JP        |       162 | NS      | $88333.38     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Retail REIT                                     | Charter Hall Retail REIT                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     24954 | NS      | $69317.57     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Boston Properties Inc                                        | Boston Properties Inc                                        | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               |  | US        |     10551 | NS      | $760516.08    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                                 | Prologis Inc                                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |     16335 | NS      | $1924099.65   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Daito Trust Construction Co Ltd                              | Daito Trust Construction Co Ltd                              | CUSIP: 000000000<br>LEI: 353800QQ4DRI3KXS3038 | Long             | EC               | CORP              | JP        |     14770 | NS      | $1648106.26   | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Aeon Mall Co Ltd                                             | Aeon Mall Co Ltd                                             | CUSIP: 000000000<br>LEI: 353800IDE3ULLSB2R846 | Long             | EC               | CORP              | JP        |     21800 | NS      | $263276.11    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| CA Immobilien Anlagen AG                                     | CA Immobilien Anlagen AG                                     | CUSIP: 000000000<br>LEI: 5299003ICAPV07J0R180 | Long             | EC               | CORP              | AT        |      2155 | NS      | $71239.58     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JM AB                                                        | JM AB                                                        | CUSIP: 000000000<br>LEI: 529900X0UEM9DOM6FK12 | Long             | EC               | CORP              | SE        |     11662 | NS      | $188244.48    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Powerlong Real Estate Holdings Ltd                           | Powerlong Real Estate Holdings Ltd                           | CUSIP: 000000000<br>LEI: 549300R3K12EPXCGDP22 | Long             | EC               | CORP              | KY        |    979000 | NS      | $159402.68    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                                        | American Homes 4 Rent                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               |  | US        |      7359 | NS      | $243362.13    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Development PJSC                                       | Emaar Development PJSC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |     97520 | NS      | $111817.51    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CBRE Group Inc                                               | CBRE Group Inc                                               | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     22168 | NS      | $1764572.80   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc                            | Gaming and Leisure Properties Inc                            | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     10061 | NS      | $529309.21    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings Inc                                  | Kennedy-Wilson Holdings Inc                                  | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |      9455 | NS      | $160924.10    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd                         | Sumitomo Realty & Development Co Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     43400 | NS      | $1181926.81   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| DiamondRock Hospitality Co                                   | DiamondRock Hospitality Co                                   | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               |  | US        |     23932 | NS      | $225200.12    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                                          | Acadia Realty Trust                                          | CUSIP: 004239109<br>LEI: N/A                  | Long             | EC               |  | US        |      6141 | NS      | $94448.58     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc                                | Empire State Realty Trust Inc                                | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               |  | US        |     21584 | NS      | $166412.64    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                                          | Terreno Realty Corp                                          | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               |  | US        |      1228 | NS      | $72009.92     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| China SCE Group Holdings Ltd                                 | China SCE Group Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 549300Q8UEI2ERAP6P49 | Long             | EC               | CORP              | KY        |   1237000 | NS      | $113957.24    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                                                | Goodman Group                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     37183 | NS      | $491928.48    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Big Yellow Group PLC                                         | Big Yellow Group PLC                                         | CUSIP: 000000000<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               |  | GB        |      4762 | NS      | $63089.06     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Physicians Realty Trust                                      | Physicians Realty Trust                                      | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               |  | US        |     10952 | NS      | $163513.36    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts Inc                                   | Xenia Hotels & Resorts Inc                                   | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               |  | US        |     15761 | NS      | $243034.62    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Necessity Retail REIT Inc/The                                | Necessity Retail REIT Inc/The                                | CUSIP: 02607T109<br>LEI: 549300GN4H0K3IUS8983 | Long             | EC               |  | US        |     10327 | NS      | $68984.36     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gemdale Corp                                                 | Gemdale Corp                                                 | CUSIP: 000000000<br>LEI: 300300VAI0OCY3OKWO66 | Long             | EC               | CORP              | CN        |     46000 | NS      | $76439.68     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| American Tower Corp                                          | American Tower Corp                                          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |     10910 | NS      | $2413837.50   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Residence Investment Corp                            | Advance Residence Investment Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        46 | NS      | $115068.06    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Workspace Group PLC                                          | Workspace Group PLC                                          | CUSIP: 000000000<br>LEI: 2138003GUZRFIN3UT430 | Long             | EC               |  | GB        |      8362 | NS      | $43313.49     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CIFI Holdings Group Co Ltd                                   | CIFI Holdings Group Co Ltd                                   | CUSIP: 000000000<br>LEI: 549300WGKSV867C0JF48 | Long             | EC               | CORP              | KY        |    791440 | NS      | $122410.95    | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| Manulife US Real Estate Investment Trust                     | Manulife US Real Estate Investment Trust                     | CUSIP: 000000000<br>LEI: 254900OMIOIPNIC1T502 | Long             | EC               |  | SG        |     76200 | NS      | $29868.27     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Seazen Group Ltd                                             | Seazen Group Ltd                                             | CUSIP: 000000000<br>LEI: 5493006M8GRAQRCSCD67 | Long             | EC               | CORP              | KY        |    794000 | NS      | $361401.41    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kite Realty Group Trust                                      | Kite Realty Group Trust                                      | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               |  | US        |     11313 | NS      | $257936.40    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pattana PCL                                          | Central Pattana PCL                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    123800 | NS      | $256109.84    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Allied Properties Real Estate Investment Trust               | Allied Properties Real Estate Investment Trust               | CUSIP: 019456102<br>LEI: 549300AMZMPKVHA0MY77 | Long             | EC               |  | CA        |      6342 | NS      | $123808.44    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ACEN Corp                                                    | ACEN Corp                                                    | CUSIP: 000000000<br>LEI: 549300LGUZQ61GQQXQ60 | Long             | EC               | CORP              | PH        |     84210 | NS      | $10627.80     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                              | Federal Realty Investment Trust                              | CUSIP: 313745101<br>LEI: 549300LI6XZ51GOCJ427 | Long             | EC               |  | US        |      3764 | NS      | $418180.40    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Aroundtown SA                                                | Aroundtown SA                                                | CUSIP: 000000000<br>LEI: 529900H4DWG3KWMBMQ39 | Long             | EC               | CORP              | LU        |     64889 | NS      | $157289.03    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| C&D International Investment Group Ltd                       | C&D International Investment Group Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     23719 | NS      | $56252.99     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                          | Alexandria Real Estate Equities Inc                          | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               |  | US        |      3786 | NS      | $589139.46    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitaland Investment Ltd/Singapore                          | Capitaland Investment Ltd/Singapore                          | CUSIP: 000000000<br>LEI: 254900AT4UQDU7SNXX49 | Long             | EC               | CORP              | SG        |    106138 | NS      | $288252.95    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Land & Houses PCL                                            | Land & Houses PCL                                            | CUSIP: 000000000<br>LEI: 529900O7AEACUWP7KS87 | Long             | EC               | CORP              | TH        |    922911 | NS      | $252020.16    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Farglory Land Development Co Ltd                             | Farglory Land Development Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     34000 | NS      | $60350.72     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Brandywine Realty Trust                                      | Brandywine Realty Trust                                      | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               |  | US        |     24250 | NS      | $167567.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc                             | Ryman Hospitality Properties Inc                             | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               |  | US        |      2907 | NS      | $266077.71    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Sino Land Co Ltd                                             | Sino Land Co Ltd                                             | CUSIP: 000000000<br>LEI: 529900G5P51053HJVZ92 | Long             | EC               | CORP              | HK        |    294583 | NS      | $368435.25    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Marcus & Millichap Inc                                       | Marcus & Millichap Inc                                       | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |      1900 | NS      | $70756.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wharf Holdings Ltd/The                                       | Wharf Holdings Ltd/The                                       | CUSIP: 000000000<br>LEI: 254900JCV4TBBPX9IW91 | Long             | EC               | CORP              | HK        |    188000 | NS      | $508617.56    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                 | Diversified Healthcare Trust                                 | CUSIP: 25525P107<br>LEI: N/A                  | Long             | EC               |  | US        |    204063 | NS      | $202022.37    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| LSL Property Services PLC                                    | LSL Property Services PLC                                    | CUSIP: 000000000<br>LEI: 213800T4VM5VR3C7S706 | Long             | EC               | CORP              | GB        |     11098 | NS      | $31433.30     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Safestore Holdings PLC                                       | Safestore Holdings PLC                                       | CUSIP: 000000000<br>LEI: 213800WGA3YSJC1YOH73 | Long             | EC               | CORP              | GB        |      5780 | NS      | $63812.70     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Choice Properties Real Estate Investment Trust               | Choice Properties Real Estate Investment Trust               | CUSIP: 17039A106<br>LEI: 5493007MYGFSLOZGT937 | Long             | EC               |  | CA        |     11877 | NS      | $130058.51    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                                         | JBG SMITH Properties                                         | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               |  | US        |      8515 | NS      | $175494.15    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| S IMMO AG                                                    | S IMMO AG                                                    | CUSIP: 000000000<br>LEI: 5299001QKV44IT3WPL26 | Long             | EC               | CORP              | AT        |       576 | NS      | $8652.37      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| American Assets Trust Inc                                    | American Assets Trust Inc                                    | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               |  | US        |      3383 | NS      | $99088.07     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Open House Group Co Ltd                                      | Open House Group Co Ltd                                      | CUSIP: 000000000<br>LEI: 529900WQOGPBIJEHW865 | Long             | EC               | CORP              | JP        |      5700 | NS      | $241717.33    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Stockland                                                    | Stockland                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    276153 | NS      | $721000.34    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Lamar Advertising Co                                         | Lamar Advertising Co                                         | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               |  | US        |      4901 | NS      | $490786.14    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cofinimmo SA                                                 | Cofinimmo SA                                                 | CUSIP: 000000000<br>LEI: 549300TM914CSF6KI389 | Long             | EC               |  | BE        |      1305 | NS      | $113954.18    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Fudosan Holdings Corp                                  | Tokyu Fudosan Holdings Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    123300 | NS      | $669577.43    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| GLP J-Reit                                                   | GLP J-Reit                                                   | CUSIP: 000000000<br>LEI: 353800E27V9KA51K2I90 | Long             | EC               |  | JP        |        99 | NS      | $111248.10    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Crown Castle Inc                                             | Crown Castle Inc                                             | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |     13585 | NS      | $1921326.55   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                                   | Brixmor Property Group Inc                                   | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |     24343 | NS      | $564270.74    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Wharf Real Estate Investment Co Ltd                          | Wharf Real Estate Investment Co Ltd                          | CUSIP: 000000000<br>LEI: 529900QLPKS8U9QOPB59 | Long             | EC               | CORP              | KY        |    139200 | NS      | $645978.67    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Accommodations Fund Inc                               | Nippon Accommodations Fund Inc                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        14 | NS      | $63797.99     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hersha Hospitality Trust                                     | Hersha Hospitality Trust                                     | CUSIP: 427825500<br>LEI: 549300DNC58BIN1VO064 | Long             | EC               |  | US        |      8395 | NS      | $80843.85     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gemdale Properties & Investment Corp Ltd                     | Gemdale Properties & Investment Corp Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |   1310000 | NS      | $102952.64    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd                                  | Sun Hung Kai Properties Ltd                                  | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |    195642 | NS      | $2360081.37   | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Samhallsbyggnadsbolaget i Norden AB                          | Samhallsbyggnadsbolaget i Norden AB                          | CUSIP: 000000000<br>LEI: 549300HX9MRFY47AH564 | Long             | EC               | CORP              | SE        |     23547 | NS      | $43077.38     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| LTC Properties Inc                                           | LTC Properties Inc                                           | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               |  | US        |      2420 | NS      | $95081.80     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhenro Properties Group Ltd                                  | Zhenro Properties Group Ltd                                  | CUSIP: 000000000<br>LEI: 549300I66TVJEL841P38 | Long             | EC               | CORP              | KY        |   1510000 | NS      | $65379.88     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Ascendas Real Estate Investment Trust                        | CapitaLand Ascendas REIT                                     | CUSIP: 000000000<br>LEI: 549300ILIBAEMQZK3L20 | Long             | EC               |  | SG        |    133688 | NS      | $275496.02    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| NEPI Rockcastle NV                                           | NEPI Rockcastle NV                                           | CUSIP: 000000000<br>LEI: 549300FMWM53K9ULYT15 | Long             | EC               | CORP              | NL        |     35524 | NS      | $210117.93    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Corporate Office Properties Trust                            | Corporate Office Properties Trust                            | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               |  | US        |      9296 | NS      | $258149.92    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                               | Public Storage                                               | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               |  | US        |      3588 | NS      | $1069080.48   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| LPN Development PCL                                          | LPN Development PCL                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    384000 | NS      | $49995.72     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PATRIZIA SE                                                  | PATRIZIA SE                                                  | CUSIP: 000000000<br>LEI: 5299002NZCMF1NIHZ018 | Long             | EC               | CORP              | DE        |      3129 | NS      | $30910.77     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Land PCL                                             | Bangkok Land PCL                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |   1737400 | NS      | $51970.41     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexity SA                                                    | Nexity SA                                                    | CUSIP: 000000000<br>LEI: 969500JJ71T2DIPDVV84 | Long             | EC               | CORP              | FR        |     11268 | NS      | $284310.16    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Cromwell Property Group                                      | Cromwell Property Group                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    117012 | NS      | $56261.10     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Frontier Fudousan Co Ltd                                 | Sun Frontier Fudousan Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5100 | NS      | $43690.22     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts Inc                                    | Host Hotels & Resorts Inc                                    | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     84872 | NS      | $1607475.68   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| China South City Holdings Ltd                                | China South City Holdings Ltd                                | CUSIP: 000000000<br>LEI: 254900BV844D9H1E0W44 | Long             | EC               | CORP              | HK        |   1400000 | NS      | $102943.05    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Comforia Residential REIT Inc                                | Comforia Residential REIT Inc                                | CUSIP: 000000000<br>LEI: 353800BJ2SV3UPG9JU05 | Long             | EC               |  | JP        |        19 | NS      | $43560.38     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sansiri PCL                                                  | Sansiri PCL                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |   3393483 | NS      | $151889.76    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunstone Hotel Investors Inc                                 | Sunstone Hotel Investors Inc                                 | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               |  | US        |     27980 | NS      | $307500.20    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                                               | EPR Properties                                               | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               |  | US        |      5862 | NS      | $243917.82    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KWG Group Holdings Ltd                                       | KWG Group Holdings Ltd                                       | CUSIP: 000000000<br>LEI: 549300LK82ZOM9ZE7H90 | Long             | EC               | CORP              | KY        |    648000 | NS      | $150244.05    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu REIT Inc                                               | Tokyu REIT Inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        33 | NS      | $51762.04     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadstone Net Lease Inc                                     | Broadstone Net Lease Inc                                     | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               |  | US        |      2746 | NS      | $46599.62     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                                           | Douglas Emmett Inc                                           | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               |  | US        |     11923 | NS      | $206506.36    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vukile Property Fund Ltd                                     | Vukile Property Fund Ltd                                     | CUSIP: 000000000<br>LEI: 549300BDQAETROOTKO37 | Long             | EC               | CORP              | ZA        |    120926 | NS      | $96050.63     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche EuroShop AG                                         | Deutsche EuroShop AG                                         | CUSIP: 000000000<br>LEI: 529900Y9QTEFHFEKQ736 | Long             | EC               | CORP              | DE        |      1641 | NS      | $36400.14     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| NewRiver REIT PLC                                            | NewRiver REIT PLC                                            | CUSIP: 000000000<br>LEI: 2138004GX1VAUMH66L31 | Long             | EC               |  | GB        |     70144 | NS      | $67294.71     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Link REIT                                                    | Link REIT                                                    | CUSIP: 000000000<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               |  | HK        |     87400 | NS      | $590369.43    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| CoStar Group Inc                                             | CoStar Group Inc                                             | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4459 | NS      | $361357.36    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ICADE                                                        | ICADE                                                        | CUSIP: 000000000<br>LEI: 969500UDH342QLTE1M42 | Long             | EC               |  | FR        |      4569 | NS      | $189285.62    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Washington Real Estate Investment Trust                      | Elme Communities                                             | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               |  | US        |      7105 | NS      | $140394.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Properties PJSC                                        | Emaar Properties PJSC                                        | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |    514388 | NS      | $855225.96    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Ascott Trust                                      | CapitaLand Ascott Trust                                      | CUSIP: 000000000<br>LEI: 549300W6RTG7Y32IWY65 | Long             | EC               |  | SG        |    128500 | NS      | $89816.66     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| City Developments Ltd                                        | City Developments Ltd                                        | CUSIP: 000000000<br>LEI: 254900BPLPJS0RJ72373 | Long             | EC               | CORP              | SG        |     48800 | NS      | $299807.87    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Life Storage Inc                                             | Life Storage Inc                                             | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               |  | US        |      2255 | NS      | $242389.95    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mori Trust Sogo Reit Inc                                     | Mori Trust Sogo Reit Inc                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        42 | NS      | $44775.28     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sabra Health Care REIT Inc                                   | Sabra Health Care REIT Inc                                   | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               |  | US        |     18924 | NS      | $244308.84    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Real Estate Investment Corp                            | Japan Real Estate Investment Corp                            | CUSIP: 000000000<br>LEI: 3538003YAIR3CBGJJ928 | Long             | EC               |  | JP        |        51 | NS      | $225966.43    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Grainger PLC                                                 | Grainger PLC                                                 | CUSIP: 000000000<br>LEI: 2138007CEIRKZMNI2979 | Long             | EC               | CORP              | GB        |     32252 | NS      | $94302.84     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                                            | Kimco Realty Corp                                            | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               |  | US        |     26922 | NS      | $617052.24    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ADLER Group SA                                               | ADLER Group SA                                               | CUSIP: 000000000<br>LEI: 391200OYYFJ3DWAMEC69 | Long             | EC               | CORP              | LU        |     15216 | NS      | $28689.62     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Pebblebrook Hotel Trust                                      | Pebblebrook Hotel Trust                                      | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               |  | US        |     11475 | NS      | $191058.75    | 0.17%             |  |  |  | No            |                  1 | 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        |   2153836 | NS      | $2153836.38   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Hall Group                                           | Charter Hall Group                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     11274 | NS      | $108895.46    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Alexander & Baldwin Inc                                      | Alexander & Baldwin Inc                                      | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9475 | NS      | $187131.25    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Waypoint REIT Ltd                                            | Waypoint REIT Ltd                                            | CUSIP: 000000000<br>LEI: 5493003CS5K82RREKA54 | Long             | EC               |  | AU        |     24720 | NS      | $47116.43     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen Investment Ltd                                      | Shenzhen Investment Ltd                                      | CUSIP: 000000000<br>LEI: 529900QMH55P3EJRQC98 | Long             | EC               | CORP              | HK        |    861563 | NS      | $140895.74    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| First Industrial Realty Trust Inc                            | First Industrial Realty Trust Inc                            | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               |  | US        |      3616 | NS      | $182788.80    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors Inc                                | National Health Investors Inc                                | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               |  | US        |      2545 | NS      | $143181.70    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Metropolitan Fund Invest                               | Japan Metropolitan Fund Invest                               | CUSIP: 000000000<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               |  | JP        |       305 | NS      | $244666.13    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Aedifica SA                                                  | Aedifica SA                                                  | CUSIP: 000000000<br>LEI: 529900DTKNXL0AXQFN28 | Long             | EC               |  | BE        |       446 | NS      | $35146.04     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Hudson Pacific Properties Inc                                | Hudson Pacific Properties Inc                                | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               |  | US        |     13489 | NS      | $155932.84    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Frasers Logistics & Commercial Trust                         | Frasers Logistics & Commercial Trust                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |     52000 | NS      | $43799.88     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Cromwell European Real Estate Investment Trust               | Cromwell European Real Estate Investment Trust               | CUSIP: 000000000<br>LEI: 21380093RFHTC319NL93 | Long             | EC               |  | SG        |     21500 | NS      | $34439.12     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Cyrela Brazil Realty SA Empreendimentos e Participacoes      | Cyrela Brazil Realty SA Empreendimentos e Participacoes      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     43781 | NS      | $121151.04    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc                                     | Essex Property Trust Inc                                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               |  | US        |      2390 | NS      | $526708.20    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| China Evergrande Group                                       | China Evergrande Group                                       | CUSIP: 000000000<br>LEI: 549300CUF7B1LAB15T90 | Long             | EC               | CORP              | KY        |   4094000 | NS      | $432412.19    | 0.38%             |  |  |  | No            |                  3 | On Loan: No      |
| Colliers International Group Inc                             | Colliers International Group Inc                             | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |      1083 | NS      | $102265.67    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Building Fund Inc                                     | Nippon Building Fund Inc                                     | CUSIP: 000000000<br>LEI: 52990053R8NL2MB32172 | Long             | EC               |  | JP        |        52 | NS      | $242555.50    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| GPT Group/The                                                | GPT Group/The                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     91371 | NS      | $281691.42    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Prologis REIT Inc                                     | Nippon Prologis REIT Inc                                     | CUSIP: 000000000<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               |  | JP        |        48 | NS      | $118060.21    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Spirit Realty Capital Inc                                    | Spirit Realty Capital Inc                                    | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               |  | US        |      5575 | NS      | $230916.50    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldar Properties PJSC                                        | Aldar Properties PJSC                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    265225 | NS      | $344253.83    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortune Real Estate Investment Trust                         | Fortune Real Estate Investment Trust                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | HK        |    107000 | NS      | $76191.19     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashford Hospitality Trust Inc                                | Ashford Hospitality Trust Inc                                | CUSIP: 044103869<br>LEI: N/A                  | Long             | EC               |  | US        |      7180 | NS      | $46741.80     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Country Garden Holdings Co Ltd                               | Country Garden Holdings Co Ltd                               | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | EC               | CORP              | KY        |   3232000 | NS      | $1264040.77   | 1.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Camden Property Trust                                        | Camden Property Trust                                        | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               |  | US        |      3297 | NS      | $396728.01    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield                                    | Unibail-Rodamco-Westfield                                    | CUSIP: 000000000<br>LEI: 969500SHQITWXSIS7N89 | Long             | EC               |  | FR        |     17099 | NS      | $921652.05    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP Swiss Property AG                                        | PSP Swiss Property AG                                        | CUSIP: 000000000<br>LEI: 50670042Y437P8X44F56 | Long             | EC               | CORP              | CH        |      1433 | NS      | $158757.63    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commercial Trust                       | CapitaLand Integrated Commercial Trust                       | CUSIP: 000000000<br>LEI: 54930031292WUTXF0L29 | Long             | EC               |  | SG        |    132005 | NS      | $202474.28    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Anywhere Real Estate Inc                                     | Anywhere Real Estate Inc                                     | CUSIP: 75605Y106<br>LEI: 5493004HBTOTE9DI9P12 | Long             | EC               | CORP              | US        |     45764 | NS      | $345518.20    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Crombie Real Estate Investment Trust                         | Crombie Real Estate Investment Trust                         | CUSIP: 227107109<br>LEI: 549300OGQML2MCFAPT83 | Long             | EC               |  | CA        |      6356 | NS      | $76877.76     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                                            | Iron Mountain Inc                                            | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |     22823 | NS      | $1239973.59   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                                         | Vornado Realty Trust                                         | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |     21003 | NS      | $531165.87    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc/The                                            | GEO Group Inc/The                                            | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               |  | US        |     54360 | NS      | $642535.20    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial & Infrastructure Fund Investment Corp             | Industrial & Infrastructure Fund Investment Corp             | CUSIP: 000000000<br>LEI: 353800WCHFY04YKYCI19 | Long             | EC               |  | JP        |        46 | NS      | $53269.22     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares Core US REIT ETF                                     | iShares Core US REIT ETF                                     | CUSIP: 464288521<br>LEI: 5493007O5MQ5SB3U7346 | Long             | EC               | RF                | US        |       469 | NS      | $24706.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| New World Development Co Ltd                                 | New World Development Co Ltd                                 | CUSIP: 000000000<br>LEI: 2549008GWMWXTIRL4S48 | Long             | EC               | CORP              | HK        |    328460 | NS      | $781516.68    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Macerich Co/The                                              | Macerich Co/The                                              | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               |  | US        |     35017 | NS      | $444715.90    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| China Jinmao Holdings Group Ltd                              | China Jinmao Holdings Group Ltd                              | CUSIP: 000000000<br>LEI: 3003000CW9WBO3PJ7R66 | Long             | EC               | CORP              | HK        |   1757000 | NS      | $416168.96    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| SBA Communications Corp                                      | SBA Communications Corp                                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               |  | US        |      1325 | NS      | $396572.50    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| First Capital Real Estate Investment Trust                   | First Capital Real Estate Investment Trust                   | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               |  | CA        |     20359 | NS      | $259567.22    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirvac Group                                                 | Mirvac Group                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    365622 | NS      | $561053.85    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Summit Hotel Properties Inc                                  | Summit Hotel Properties Inc                                  | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               |  | US        |     14402 | NS      | $123137.10    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc                                            | Newmark Group Inc                                            | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9300 | NS      | $78864.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sino-Ocean Group Holding Ltd                                 | Sino-Ocean Group Holding Ltd                                 | CUSIP: 000000000<br>LEI: 529900OLNN3N4AB8ME83 | Long             | EC               | CORP              | HK        |   1937500 | NS      | $246981.61    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Apartment Investment and Management Co                       | Apartment Investment and Management Co                       | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               |  | US        |      7076 | NS      | $59296.88     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SITE Centers Corp                                            | SITE Centers Corp                                            | CUSIP: 82981J109<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               |  | US        |     17279 | NS      | $234821.61    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DIC Asset AG                                                 | DIC Asset AG                                                 | CUSIP: 000000000<br>LEI: 52990044JL2ZPWONU738 | Long             | EC               | CORP              | DE        |      3416 | NS      | $27005.63     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Piedmont Office Realty Trust Inc                             | Piedmont Office Realty Trust Inc                             | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               |  | US        |     19043 | NS      | $198237.63    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Allreal Holding AG                                           | Allreal Holding AG                                           | CUSIP: 000000000<br>LEI: 5067006XH174LA44H658 | Long             | EC               | CORP              | CH        |      1114 | NS      | $169810.21    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Co Ltd                                     | Mitsubishi Estate Co Ltd                                     | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |    126400 | NS      | $1784838.28   | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| FIBRA Macquarie Mexico                                       | FIBRA Macquarie Mexico                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | MX        |     80900 | NS      | $120758.79    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wallenstam AB                                                | Wallenstam AB                                                | CUSIP: 000000000<br>LEI: 21380081R2P9MKFQBD25 | Long             | EC               | CORP              | SE        |     11196 | NS      | $44710.12     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                    | AvalonBay Communities Inc                                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               |  | US        |      5428 | NS      | $949357.20    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                                            | Getty Realty Corp                                            | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               |  | US        |      1633 | NS      | $53921.66     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                                        | Urban Edge Properties                                        | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               |  | US        |      9636 | NS      | $151574.28    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| RPT Realty                                                   | RPT Realty                                                   | CUSIP: 74971D101<br>LEI: 549300T03GDH1L37S188 | Long             | EC               |  | US        |      9049 | NS      | $101348.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastighets AB Balder                                         | Fastighets AB Balder                                         | CUSIP: 000000000<br>LEI: 549300GHKJCEZOAEUU82 | Long             | EC               | CORP              | SE        |     12319 | NS      | $55380.17     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Apple Hospitality REIT Inc                                   | Apple Hospitality REIT Inc                                   | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               |  | US        |     26346 | NS      | $449462.76    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Redefine Properties Ltd                                      | Redefine Properties Ltd                                      | CUSIP: 000000000<br>LEI: 37890061EC026A7DA532 | Long             | EC               | CORP              | ZA        |   1047268 | NS      | $244285.15    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ayala Corp                                                   | Ayala Corp                                                   | CUSIP: 000000000<br>LEI: 254900QJ68UH8GKNGI69 | Long             | EC               | CORP              | PH        |     27230 | NS      | $338110.67    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Hopson Development Holdings Ltd                              | Hopson Development Holdings Ltd                              | CUSIP: 000000000<br>LEI: 549300HYMKPTC1DTZS42 | Long             | EC               | CORP              | BM        |    141082 | NS      | $160698.88    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Outfront Media Inc                                           | Outfront Media Inc                                           | CUSIP: 69007J106<br>LEI: 549300RZWDYU5722I639 | Long             | EC               |  | US        |     16255 | NS      | $297303.95    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Office Investment Corp                                 | Daiwa Office Investment Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        10 | NS      | $49304.56     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fabege AB                                                    | Fabege AB                                                    | CUSIP: 000000000<br>LEI: 549300JNPI46XNH0PM97 | Long             | EC               | CORP              | SE        |      9455 | NS      | $78934.32     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial Logistics Properties Trust                        | Industrial Logistics Properties Trust                        | CUSIP: 456237106<br>LEI: 5493004XH9PJW009HR47 | Long             | EC               |  | US        |      7110 | NS      | $28937.70     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gecina SA                                                    | Gecina SA                                                    | CUSIP: 000000000<br>LEI: 9695003E4MMA10IBTR26 | Long             | EC               |  | FR        |      2808 | NS      | $274704.73    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Ruentex Development Co Ltd                                   | Ruentex Development Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     56082 | NS      | $84657.51     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| National Storage Affiliates Trust                            | National Storage Affiliates Trust                            | CUSIP: 637870106<br>LEI: N/A                  | Long             | EC               |  | US        |      1205 | NS      | $47971.05     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Wereldhave NV                                                | Wereldhave NV                                                | CUSIP: 000000000<br>LEI: 724500YRQCY3BD9RJZ92 | Long             | EC               |  | NL        |      7813 | NS      | $109000.84    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Chong Hong Construction Co Ltd                               | Chong Hong Construction Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     27000 | NS      | $63098.58     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Assura PLC                                                   | Assura PLC                                                   | CUSIP: 000000000<br>LEI: 21380026T19N2Y52XF72 | Long             | EC               |  | GB        |     57526 | NS      | $37162.62     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tritax Big Box REIT PLC                                      | Tritax Big Box REIT PLC                                      | CUSIP: 000000000<br>LEI: 213800L6X88MIYPVR714 | Long             | EC               |  | GB        |     34148 | NS      | $59682.36     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Granite Real Estate Investment Trust                         | Granite Real Estate Investment Trust                         | CUSIP: 387437114<br>LEI: 549300A6I7CLE0ZC0396 | Long             | EC               |  | CA        |      1487 | NS      | $88093.54     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                                           | Kilroy Realty Corp                                           | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               |  | US        |      6067 | NS      | $262215.74    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fantasia Holdings Group Co Ltd                               | Fantasia Holdings Group Co Ltd                               | CUSIP: 000000000<br>LEI: 5493005JQNLB3I01JW62 | Long             | EC               | CORP              | KY        |   2614500 | NS      | $33472.24     | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| Paramount Group Inc                                          | Paramount Group Inc                                          | CUSIP: 69924R108<br>LEI: 5493006GJU1CFI7Z5J17 | Long             | EC               |  | US        |     31617 | NS      | $206142.84    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC/The                                          | UNITE Group PLC/The                                          | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               |  | GB        |      5679 | NS      | $63597.85     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| VICI Properties Inc                                          | VICI Properties Inc                                          | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |     14068 | NS      | $481125.60    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| China Overseas Grand Oceans Group Ltd                        | China Overseas Grand Oceans Group Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    294000 | NS      | $136255.32    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Savills PLC                                                  | Savills PLC                                                  | CUSIP: 000000000<br>LEI: 213800WXICGMBWHTA933 | Long             | EC               | CORP              | GB        |     14721 | NS      | $169065.48    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Wohnen SE                                           | Deutsche Wohnen SE                                           | CUSIP: 000000000<br>LEI: 529900QE24Q67I3FWZ10 | Long             | EC               | CORP              | DE        |      5347 | NS      | $115831.89    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Simon Property Group Inc                                     | Simon Property Group Inc                                     | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |     19726 | NS      | $2356073.44   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| China Vanke Co Ltd                                           | China Vanke Co Ltd                                           | CUSIP: 000000000<br>LEI: 529900E66UJ2DWY7KW55 | Long             | EC               | CORP              | CN        |    437500 | NS      | $908062.46    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| BR Malls Participacoes SA                                    | BR Malls Participacoes SA                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     72422 | NS      | $122114.04    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Logistics Fund Inc                                     | Japan Logistics Fund Inc                                     | CUSIP: 000000000<br>LEI: 3538004KZWISCQO70151 | Long             | EC               |  | JP        |        25 | NS      | $58359.94     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Country Garden Services Holdings Co Ltd                      | Country Garden Services Holdings Co Ltd                      | CUSIP: 000000000<br>LEI: 549300P2JRKENZSEBB42 | Long             | EC               | CORP              | KY        |     30400 | NS      | $76014.34     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Real Estate Holding Ltd                                | Midea Real Estate Holding Ltd                                | CUSIP: 000000000<br>LEI: 300300CW5XG771ZXV614 | Long             | EC               | CORP              | KY        |     52000 | NS      | $74753.26     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Service Properties Trust                                     | Service Properties Trust                                     | CUSIP: 81761L102<br>LEI: 529900IS770AG1K9QG27 | Long             | EC               |  | US        |     81515 | NS      | $639892.75    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Primary Health Properties PLC                                | Primary Health Properties PLC                                | CUSIP: 000000000<br>LEI: 213800Y5CJHXOATK7X11 | Long             | EC               |  | GB        |     28275 | NS      | $38227.10     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Intu Properties PLC                                          | Intu Properties PLC                                          | CUSIP: 000000000<br>LEI: 213800JSNTERD5CJZO95 | Long             | EC               |  | GB        |    184056 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Tricon Residential Inc                                       | Tricon Residential Inc                                       | CUSIP: 89612W102<br>LEI: 984500EFFDE9C3A9G721 | Long             | EC               | CORP              | CA        |      6127 | NS      | $52517.79     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                                                 | Klepierre SA                                                 | CUSIP: 000000000<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               |  | FR        |     22272 | NS      | $516092.25    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Fukuoka REIT Corp                                            | Fukuoka REIT Corp                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        45 | NS      | $57008.08     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Longfor Group Holdings Ltd                                   | Longfor Group Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | EC               | CORP              | KY        |    206500 | NS      | $629161.15    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Hammerson PLC                                                | Hammerson PLC                                                | CUSIP: 000000000<br>LEI: 213800G1C9KKVVDN1A60 | Long             | EC               |  | GB        |    344900 | NS      | $100761.40    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| IMMOFINANZ AG                                                | IMMOFINANZ AG                                                | CUSIP: 000000000<br>LEI: 5299000DUMZ99SBBX121 | Long             | EC               | CORP              | AT        |      2682 | NS      | $34627.69     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Heiwa Real Estate Co Ltd                                     | Heiwa Real Estate Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2700 | NS      | $80614.14     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| FirstService Corp                                            | FirstService Corp                                            | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |       939 | NS      | $121651.51    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyprop Investments Ltd                                       | Hyprop Investments Ltd                                       | CUSIP: 000000000<br>LEI: 3789003E3E1AD1E96166 | Long             | EC               |  | ZA        |     54811 | NS      | $108911.99    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Henderson Land Development Co Ltd                            | Henderson Land Development Co Ltd                            | CUSIP: 000000000<br>LEI: 529900SYQB7IVR9QGN76 | Long             | EC               | CORP              | HK        |    118866 | NS      | $391846.19    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Chatham Lodging Trust                                        | Chatham Lodging Trust                                        | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               |  | US        |      7044 | NS      | $94178.28     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ronshine China Holdings Ltd                                  | Ronshine China Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 549300GNBBT32SFSEC47 | Long             | EC               | CORP              | KY        |    617000 | NS      | $58185.74     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hufvudstaden AB                                              | Hufvudstaden AB                                              | CUSIP: 000000000<br>LEI: 213800UEV5ZAFFVQ4J85 | Long             | EC               | CORP              | SE        |      3537 | NS      | $50077.60     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| RioCan Real Estate Investment Trust                          | RioCan Real Estate Investment Trust                          | CUSIP: 766910103<br>LEI: 549300S8HVUSEU3JBY60 | Long             | EC               |  | CA        |     28333 | NS      | $445273.48    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                                         | LXP Industrial Trust                                         | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               |  | US        |     15801 | NS      | $170018.76    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hysan Development Co Ltd                                     | Hysan Development Co Ltd                                     | CUSIP: 000000000<br>LEI: 5299007BABFLKIH9HL03 | Long             | EC               | CORP              | HK        |     51500 | NS      | $135992.99    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Resilient REIT Ltd                                           | Resilient REIT Ltd                                           | CUSIP: 000000000<br>LEI: 378900F37FF47D486C58 | Long             | EC               |  | ZA        |     29544 | NS      | $91161.65     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| China Aoyuan Group Ltd                                       | China Aoyuan Group Ltd                                       | CUSIP: 000000000<br>LEI: 549300YSOKQO5QD6MP25 | Long             | EC               | CORP              | KY        |    729127 | NS      | $55074.60     | 0.05%             |  |  |  | No            |                  3 | On Loan: —       |
| Office Properties Income Trust                               | Office Properties Income Trust                               | CUSIP: 67623C109<br>LEI: N/A                  | Long             | EC               |  | US        |      9247 | NS      | $141386.63    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Activia Properties Inc                                       | Activia Properties Inc                                       | CUSIP: 000000000<br>LEI: 353800RPGYN3ML8CXV54 | Long             | EC               |  | JP        |        27 | NS      | $83827.08     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Shinsun Holdings Group Co Ltd                                | Shinsun Holdings Group Co Ltd                                | CUSIP: 000000000<br>LEI: 549300DO71RQ0W5CER62 | Long             | EC               | CORP              | KY        |    858000 | NS      | $42205.39     | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Kaisa Group Holdings Ltd                                     | Kaisa Group Holdings Ltd                                     | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | EC               | CORP              | KY        |   1271000 | NS      | $68342.52     | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| Hulic Co Ltd                                                 | Hulic Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3538002E12E7IHAKTB10 | Long             | EC               | CORP              | JP        |     36100 | NS      | $304846.29    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Agree Realty Corp                                            | Agree Realty Corp                                            | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               |  | US        |       912 | NS      | $63794.40     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| National Retail Properties Inc                               | National Retail Properties Inc                               | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               |  | US        |      7245 | NS      | $335878.20    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Multiplan Empreendimentos Imobiliarios SA                    | Multiplan Empreendimentos Imobiliarios SA                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     15900 | NS      | $70256.78     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Apartment Properties REIT                           | Canadian Apartment Properties REIT                           | CUSIP: 134921105<br>LEI: 549300B1MYVTQEB2DI90 | Long             | EC               |  | CA        |      7210 | NS      | $234231.87    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mapletree Industrial Trust                                   | Mapletree Industrial Trust                                   | CUSIP: 000000000<br>LEI: 549300R7WZFHXNKDJF41 | Long             | EC               |  | SG        |     58244 | NS      | $95959.23     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| EastGroup Properties Inc                                     | EastGroup Properties Inc                                     | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |       869 | NS      | $134903.56    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirarth Holdings Inc                                         | Mirarth Holdings Inc                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     30400 | NS      | $86437.96     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Apartment Income REIT Corp                                   | Apartment Income REIT Corp                                   | CUSIP: 03750L109<br>LEI: N/A                  | Long             | EC               |  | US        |      8334 | NS      | $317108.70    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongkong Land Holdings Ltd                                   | Hongkong Land Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | BM        |    109127 | NS      | $440315.44    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| H&R Real Estate Investment Trust                             | H&R Real Estate Investment Trust                             | CUSIP: 403925407<br>LEI: 549300TGNP6B6GUVGW10 | Long             | EC               |  | CA        |     35585 | NS      | $329091.48    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                                       | MSCI EAFE DEC22                                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         2 | NC      | $4288.17      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Real Estate Investment Corp                         | Frontier Real Estate Investment Corp                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        17 | NS      | $65385.15     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Kanzai Co Ltd                                         | Nippon Kanzai Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2100 | NS      | $38925.41     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Medical Properties Trust Inc                                 | Medical Properties Trust Inc                                 | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               |  | US        |     22287 | NS      | $292405.44    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Reit Inc                                       | Sekisui House Reit Inc                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       110 | NS      | $64438.54     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Vonovia SE                                                   | Vonovia SE                                                   | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |     40963 | NS      | $1017475.88   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Altus Group Ltd/Canada                                       | Altus Group Ltd/Canada                                       | CUSIP: 02215R107<br>LEI: 54930041VO1EIY4IV355 | Long             | EC               | CORP              | CA        |      1707 | NS      | $67549.05     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc                        | Mid-America Apartment Communities Inc                        | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               |  | US        |      3929 | NS      | $647813.52    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                     | Digital Realty Trust Inc                                     | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |      9606 | NS      | $1080290.76   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential Inc                                        | Veris Residential Inc                                        | CUSIP: 554489104<br>LEI: N/A                  | Long             | EC               |  | US        |      9644 | NS      | $154882.64    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                                          | STAG Industrial Inc                                          | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               |  | US        |      5064 | NS      | $166656.24    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Uniti Group Inc                                              | Uniti Group Inc                                              | CUSIP: 91325V108<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               |  | US        |     31100 | NS      | $236982.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurocommercial Properties NV                                 | Eurocommercial Properties NV                                 | CUSIP: 000000000<br>LEI: 724500SFK53FPNM68L95 | Long             | EC               |  | NL        |      5155 | NS      | $124348.61    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Invincible Investment Corp                                   | Invincible Investment Corp                                   | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               |  | JP        |       193 | NS      | $67122.70     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Suntec Real Estate Investment Trust                          | Suntec Real Estate Investment Trust                          | CUSIP: 000000000<br>LEI: 549300C46QFXSI2F4K13 | Long             | EC               |  | SG        |     83000 | NS      | $85328.52     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Warehouses De Pauw CVA                                       | Warehouses De Pauw CVA                                       | CUSIP: 000000000<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               |  | BE        |      2407 | NS      | $64315.44     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro PLC                                                    | Segro PLC                                                    | CUSIP: 000000000<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               |  | GB        |     18579 | NS      | $179795.07    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Poly Property Group Co Ltd                                   | Poly Property Group Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1135000 | NS      | $283238.88    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Extra Space Storage Inc                                      | Extra Space Storage Inc                                      | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               |  | US        |      2943 | NS      | $472910.67    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON REIT Investment Corp                                  | NIPPON REIT Investment Corp                                  | CUSIP: 000000000<br>LEI: 3538004O49OJ90PEXX85 | Long             | EC               |  | JP        |        18 | NS      | $47965.97     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd                                        | CK Asset Holdings Ltd                                        | CUSIP: 000000000<br>LEI: 5299006GJZSGP78B8S35 | Long             | EC               | CORP              | KY        |    271250 | NS      | $1623565.41   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| AP Thailand PCL                                              | AP Thailand PCL                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    328861 | NS      | $94666.64     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Ayala Land Inc                                               | Ayala Land Inc                                               | CUSIP: 000000000<br>LEI: 254900EWT10TQ6DKTV34 | Long             | EC               | CORP              | PH        |    536132 | NS      | $303202.75    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                                              | KE Holdings Inc                                              | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |      3959 | NS      | $66986.28     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                                | Rexford Industrial Realty Inc                                | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |      1626 | NS      | $89901.54     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Retail Opportunity Investments Corp                          | Retail Opportunity Investments Corp                          | CUSIP: 76131N101<br>LEI: N/A                  | Long             | EC               |  | US        |      7355 | NS      | $112163.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicinity Ltd                                                 | Vicinity Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    330927 | NS      | $460744.85    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| SL Green Realty Corp                                         | SL Green Realty Corp                                         | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               |  | US        |     10053 | NS      | $421823.88    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Pandox AB                                                    | Pandox AB                                                    | CUSIP: 000000000<br>LEI: 549300K4HA8EBLSL3B97 | Long             | EC               | CORP              | SE        |      6697 | NS      | $83596.63     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Dream Industrial Real Estate Investment Trust                | Dream Industrial Real Estate Investment Trust                | CUSIP: 26153W109<br>LEI: 549300QOI0TM3CBYUH79 | Long             | EC               |  | CA        |      4778 | NS      | $42943.92     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercialys SA                                                 | Mercialys SA                                                 | CUSIP: 000000000<br>LEI: 969500081CGAXB7YS433 | Long             | EC               |  | FR        |     12561 | NS      | $120533.87    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Healthcare Realty Trust Inc                                  | Healthcare Realty Trust Inc                                  | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               |  | US        |     19285 | NS      | $395921.05    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                  | Equinix Inc                                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      2483 | NS      | $1714883.95   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                                    | Healthpeak Properties Inc                                    | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               |  | US        |     28732 | NS      | $754502.32    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                                       | Cousins Properties Inc                                       | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               |  | US        |      7201 | NS      | $189962.38    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Prime Site AG                                          | Swiss Prime Site AG                                          | CUSIP: 000000000<br>LEI: 506700XI9H64OPR34158 | Long             | EC               | CORP              | CH        |      5527 | NS      | $461092.43    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortress REIT Ltd                                            | Fortress REIT Ltd                                            | CUSIP: 000000000<br>LEI: 378900FE98E30F24D975 | Long             | EC               |  | ZA        |    136892 | NS      | $87870.64     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc                              | Equity LifeStyle Properties Inc                              | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |      5020 | NS      | $333428.40    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Region RE Ltd                                                | Region RE Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     45556 | NS      | $86457.54     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Relo Group Inc                                               | Relo Group Inc                                               | CUSIP: 000000000<br>LEI: 353800T595XRZDA8IB59 | Long             | EC               | CORP              | JP        |      7900 | NS      | $131669.28    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Zillow Group Inc                                             | Zillow Group Inc                                             | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      2115 | NS      | $80327.70     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                                           | CareTrust REIT Inc                                           | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               |  | US        |      4002 | NS      | $79239.60     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Prime Realty Investment Corp                           | Japan Prime Realty Investment Corp                           | CUSIP: 000000000<br>LEI: 353800NJOQJAY1ODEX72 | Long             | EC               |  | JP        |        37 | NS      | $105918.90    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| DigitalBridge Group Inc                                      | DigitalBridge Group Inc                                      | CUSIP: 25401T603<br>LEI: 549300XG87L902AGBO89 | Long             | EC               | CORP              | US        |     25137 | NS      | $362723.30    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Boardwalk Real Estate Investment Trust                       | Boardwalk Real Estate Investment Trust                       | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             | EC               |  | CA        |      2694 | NS      | $99817.09     | 0.09%             |  |  |  | No            |                  1 | 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        |    107400 | NS      | $253710.38    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Park Hotels & Resorts Inc                                    | Park Hotels & Resorts Inc                                    | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               |  | US        |     40884 | NS      | $524541.72    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                                         | Invitation Homes Inc                                         | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               |  | US        |     15218 | NS      | $496563.34    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Mori Hills REIT Investment Corp                              | Mori Hills REIT Investment Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        45 | NS      | $52898.50     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity Commonwealth                                          | Equity Commonwealth                                          | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               |  | US        |      5247 | NS      | $142141.23    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Times China Holdings Ltd                                     | Times China Holdings Ltd                                     | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | EC               | CORP              | KY        |    813498 | NS      | $147230.02    | 0.13%             |  |  |  | No            |                  2 | On Loan: —       |
| Yuexiu Property Co Ltd                                       | Yuexiu Property Co Ltd                                       | CUSIP: 000000000<br>LEI: 529900GASK6R1FD08W10 | Long             | EC               | CORP              | HK        |    275000 | NS      | $349027.72    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Land Ltd                                     | China Resources Land Ltd                                     | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | KY        |    376000 | NS      | $1746487.90   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                       | DJ US REAL ESTATE DEC22                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DE               |  | US        |        15 | NC      | $7329.40      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                                       | MSCI EMGMKT DEC22                                            | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         5 | NC      | $8958.90      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaku Development Co Ltd                                     | Huaku Development Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     28000 | NS      | $81004.09     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Zillow Group Inc                                             | Zillow Group Inc                                             | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |       698 | NS      | $26105.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-27

**Name of Applicant:** SCHWAB CAPITAL TRUST

**Signature:** Mark Fischer

**Name of Signer:** Mark Fischer

**Title:** CFO