SCHWAB CAPITAL TRUST (Form Type: N-Q, Filing Date: 09/28/2011)

Schwab Capital Trust
Laudus Small-Cap MarketMasters Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	96	.3%	Common Stock		248,390,726		297,852,232
	0	.5%	Foreign Common Stock		1,163,465		1,723,697
	3	.3%	Other Investment Company		10,117,958		10,117,958


	100	.1%	Total Investments		259,672,149		309,693,887
	(0	.1)%	Other Assets and Liabilities, Net				(399,440	)


	100	.0%	Net Assets				309,294,447


	Number		Value
Security	of Shares		($)

Common Stock 96.3% of net assets

Automobiles & Components 1.0%
Dana Holding Corp. *		83,500		1,391,945
Tenneco, Inc. *		14,000		559,160
Winnebago Industries, Inc. *		127,704		1,071,437

				3,022,542

Banks 8.2%
Bank of the Ozarks, Inc.		56,924		2,957,202
Comerica, Inc.		43,900		1,406,117
East West Bancorp, Inc.		121,520		2,255,411
First Horizon National Corp.		135,039		1,214,001
Fulton Financial Corp.		134,500		1,365,175
Glacier Bancorp, Inc.		45,322		595,531
IBERIABANK Corp.		69,165		3,525,340
KeyCorp		138,100		1,110,324
MB Financial, Inc.		56,500		1,140,735
Pinnacle Financial Partners, Inc. *		128,800		1,964,200
Susquehanna Bancshares, Inc.		129,900		978,147
Synovus Financial Corp.		550,940		1,008,220
TCF Financial Corp.		91,200		1,160,064
Texas Capital Bancshares, Inc. *		25,100		685,983
UMB Financial Corp.		46,864		1,944,856
Umpqua Holdings Corp.		169,100		1,920,976

				25,232,282

Capital Goods 10.1%
Actuant Corp., Class A		26,100		644,931
Aerovironment, Inc. *		59,970		1,728,935
Ceradyne, Inc. *		20,000		648,200
Chicago Bridge & Iron Co., N.V., NY Shares		60,997		2,516,126
Colfax Corp. *		86,663		2,345,967
Dover Corp.		17,400		1,052,178
ESCO Technologies, Inc.		59,898		2,077,263
Franklin Electric Co., Inc.		46,088		2,011,741
HEICO Corp.		33,956		1,774,541
Jacobs Engineering Group, Inc. *		27,007		1,057,054
Joy Global, Inc.		8,400		788,928
Kaman Corp.		20,100		715,962
Kennametal, Inc.		36,300		1,431,309
Layne Christensen Co. *		10,125		296,764
MSC Industrial Direct Co., Inc., Class A		10,400		642,512
Polypore International, Inc. *		14,200		965,600
Rockwell Collins, Inc.		13,500		743,715
SPX Corp.		21,260		1,599,602
Terex Corp. *		126,765		2,815,451
Textron, Inc.		57,900		1,339,227
The Gorman-Rupp Co.		20,416		665,153
Triumph Group, Inc.		16,900		909,896
Wabtec Corp.		38,825		2,504,989

				31,276,044

Commercial & Professional Supplies 3.6%
EnergySolutions, Inc.		242,790		1,228,517
Higher One Holdings, Inc. *		30,400		603,440
Insperity, Inc.		65,100		1,902,222
Interface, Inc., Class A		37,100		594,342
The Advisory Board Co. *		57,408		3,073,624
The Brink’s Co.		38,100		1,136,904
The Corporate Executive Board Co.		66,307		2,695,380

				11,234,429

Consumer Durables & Apparel 2.9%
Brunswick Corp.		37,200		812,076
Deckers Outdoor Corp. *		7,800		774,150
Fortune Brands, Inc.		13,900		836,919
Harman International Industries, Inc.		46,088		1,917,261
Jarden Corp.		51,200		1,586,688
Lennar Corp., Class A		87,900		1,554,951
Toll Brothers, Inc. *		75,700		1,510,972

				8,993,017

Consumer Services 3.8%
BJ’s Restaurants, Inc. *		45,765		2,122,123
Grand Canyon Education, Inc. *		121,058		1,863,082
International Speedway Corp., Class A		53,312		1,491,137
Jack in the Box, Inc. *		48,000		1,090,560
Krispy Kreme Doughnuts, Inc. *		34,559		282,693
Marriott International, Inc., Class A		20,943		680,647
Orient-Express Hotels Ltd., Class A *		62,900		622,081
Peet’s Coffee & Tea, Inc. *		9,700		566,480
Red Robin Gourmet Burgers, Inc. *		8,450		290,849
Steiner Leisure Ltd. *		16,600		807,092

Laudus Small-Cap MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Texas Roadhouse, Inc.		119,265		1,970,258

				11,787,002

Diversified Financials 2.7%
First Cash Financial Services, Inc. *		23,700		1,025,499
GAMCO Investors, Inc., Class A		19,718		953,760
HFF, Inc., Class A *		51,300		774,630
Invesco Ltd.		36,705		814,117
KBW, Inc.		25,600		437,760
Knight Capital Group, Inc., Class A *		105,960		1,198,407
Portfolio Recovery Associates, Inc. *		7,300		590,789
Stifel Financial Corp. *		64,729		2,457,113

				8,252,075

Energy 10.3%
Arch Coal, Inc.		7,800		199,680
Atwood Oceanics, Inc. *		42,860		2,001,562
Berry Petroleum Co., Class A		13,300		762,755
Bill Barrett Corp. *		60,382		3,004,608
Brigham Exploration Co. *		20,700		658,260
C&J Energy Services, Inc. *		6,100		186,050
CARBO Ceramics, Inc.		4,300		671,101
Complete Production Services, Inc. *		21,100		820,368
Comstock Resources, Inc. *		91,691		2,924,943
CONSOL Energy, Inc.		15,600		836,160
Contango Oil & Gas Co. *		29,396		1,854,300
Denbury Resources, Inc. *		70,000		1,352,400
Gastar Exploration Ltd. *		509,100		2,418,225
Global Geophysical Services, Inc. *		55,633		949,099
Murphy Oil Corp.		13,850		889,447
Nabors Industries Ltd. *		44,400		1,172,604
Overseas Shipholding Group, Inc.		36,016		876,629
Petrohawk Energy Corp. *		28,600		1,092,234
Precision Drilling Corp. *		142,960		2,463,201
Rosetta Resources, Inc. *		19,800		1,025,046
Superior Energy Services, Inc. *		18,400		763,416
Tesoro Corp. *		26,900		653,401
Unit Corp. *		23,500		1,410,235
VAALCO Energy, Inc. *		265,500		1,768,230
Weatherford International Ltd. *		19,400		425,248
World Fuel Services Corp.		14,200		534,346

				31,713,548

Food & Staples Retailing 1.3%
BJ’s Wholesale Club, Inc. *		10,000		503,500
PriceSmart, Inc.		17,900		1,047,508
United Natural Foods, Inc. *		46,918		1,958,826
Winn-Dixie Stores, Inc. *		68,200		612,436

				4,122,270

Food, Beverage & Tobacco 1.4%
Diamond Foods, Inc.		10,000		715,900
Molson Coors Brewing Co., Class B		17,900		806,395
The Hain Celestial Group, Inc. *		20,800		672,464
TreeHouse Foods, Inc. *		39,770		2,053,723

				4,248,482

Health Care Equipment & Services 9.1%
Accretive Health, Inc. *		21,200		636,848
Air Methods Corp. *		23,600		1,654,360
Allscripts Healthcare Solutions, Inc. *		73,900		1,341,285
Analogic Corp.		33,054		1,777,975
athenahealth, Inc. *		62,964		3,701,654
Catalyst Health Solutions, Inc. *		11,100		727,383
Computer Programs & Systems, Inc.		10,200		748,680
Coventry Health Care, Inc. *		33,500		1,072,000
Health Management Associates, Inc., Class A *		153,745		1,460,577
HMS Holdings Corp. *		7,600		574,560
Hologic, Inc. *		62,200		1,155,054
Neogen Corp. *		17,100		707,256
NuVasive, Inc. *		58,768		1,681,940
Quality Systems, Inc.		30,149		2,754,413
Sirona Dental Systems, Inc. *		15,900		804,222
Stereotaxis, Inc. *		161,300		524,225
SXC Health Solutions Corp. *		14,200		896,446
Teleflex, Inc.		35,805		2,156,535
Tenet Healthcare Corp. *		148,300		824,548
U.S. Physical Therapy, Inc.		39,000		939,120
Volcano Corp. *		27,100		851,211
Zoll Medical Corp. *		15,200		1,058,832

				28,049,124

Household & Personal Products 0.5%
Energizer Holdings, Inc. *		20,070		1,618,445

Insurance 0.7%
Arch Capital Group Ltd. *		40,262		1,360,856
PartnerRe Ltd.		12,300		821,886

				2,182,742

Materials 7.1%
Albemarle Corp.		10,700		712,406
Calgon Carbon Corp. *		83,700		1,246,293
Celanese Corp., Series A		24,870		1,371,083
Commercial Metals Co.		88,500		1,284,135
Cytec Industries, Inc.		29,850		1,671,600
Ferro Corp. *		64,900		844,998
Globe Specialty Metals, Inc.		36,200		835,496
Horsehead Holding Corp. *		158,500		1,770,445
International Flavors & Fragrances, Inc.		21,500		1,315,155
Materion Corp. *		39,800		1,517,176
Minerals Technologies, Inc.		27,900		1,807,362
Royal Gold, Inc.		38,771		2,485,221
Texas Industries, Inc.		53,811		2,077,643
United States Steel Corp.		32,200		1,287,678
Worthington Industries, Inc.		48,800		1,023,336
Zagg, Inc. *		37,000		567,950

				21,817,977

Media 2.1%
DreamWorks Animation SKG, Inc., Class A *		48,200		1,053,652
MDC Partners, Inc., Class A		45,200		902,644

Laudus Small-Cap MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Morningstar, Inc.		42,076		2,623,860
The E.W. Scripps Co., Class A *		212,294		1,829,974

				6,410,130

Pharmaceuticals, Biotechnology & Life Sciences 2.8%
Covance, Inc. *		32,500		1,860,625
eResearch Technology, Inc. *		285,650		1,819,590
Isis Pharmaceuticals, Inc. *		82,500		712,800
Medicis Pharmaceutical Corp., Class A		12,900		479,622
PAREXEL International Corp. *		67,100		1,377,563
Pharmaceutical Product Development, Inc.		66,300		1,911,429
United Therapeutics Corp. *		11,505		660,157

				8,821,786

Real Estate 3.5%
Colonial Properties Trust		135,658		2,923,430
Digital Realty Trust, Inc.		14,160		866,734
Health Care REIT, Inc.		15,000		791,700
Home Properties, Inc.		21,000		1,375,920
Kilroy Realty Corp.		28,060		1,082,555
LaSalle Hotel Properties		64,530		1,613,895
Liberty Property Trust		31,605		1,073,306
Regency Centers Corp.		23,660		1,062,807

				10,790,347

Retailing 3.3%
Aaron’s, Inc.		86,019		2,168,539
American Eagle Outfitters, Inc.		99,765		1,310,912
Expedia, Inc.		28,300		896,827
Foot Locker, Inc.		34,100		740,993
GNC Acquisition Holdings, Inc., Class A *		37,400		942,480
Hibbett Sports, Inc. *		20,200		792,648
Sally Beauty Holdings, Inc. *		54,300		933,960
Shutterfly, Inc. *		13,500		734,400
Tractor Supply Co.		14,400		949,248
Vitamin Shoppe, Inc. *		15,400		670,824

				10,140,831

Semiconductors & Semiconductor Equipment 1.8%
Avago Technologies Ltd.		30,700		1,032,441
Cymer, Inc. *		9,100		400,673
IXYS Corp. *		50,500		688,820
Maxim Integrated Products, Inc.		25,675		589,498
Rudolph Technologies, Inc. *		100,100		859,859
Ultratech, Inc. *		78,300		2,063,205

				5,634,496

Software & Services 9.3%
ACI Worldwide, Inc. *		17,100		618,336
Blackboard, Inc. *		31,014		1,350,970
BroadSoft, Inc. *		9,400		274,574
DemandTec, Inc. *		114,470		819,605
Digital River, Inc. *		52,200		1,331,100
Echo Global Logistics, Inc. *		39,100		584,936
Fortinet, Inc. *		37,700		766,064
Heartland Payment Systems, Inc.		28,400		597,536
Keynote Systems, Inc.		54,200		1,298,090
Lionbridge Technologies, Inc. *		374,935		1,218,539
LivePerson, Inc. *		69,500		855,545
Openwave Systems, Inc. *		412,500		928,125
Parametric Technology Corp. *		59,700		1,241,163
QLIK Technologies, Inc. *		11,600		351,596
Rackspace Hosting, Inc. *		16,400		656,000
RightNow Technologies, Inc. *		74,215		2,518,857
Rosetta Stone, Inc. *		70,780		976,764
ServiceSource International, Inc. *		31,100		580,326
Smith Micro Software, Inc. *		177,918		633,388
SS&C Technologies Holdings, Inc. *		37,500		694,500
Tangoe, Inc. *		2,700		31,320
TeleCommunication Systems, Inc., Class A *		306,000		1,554,480
The Ultimate Software Group, Inc. *		40,200		2,186,076
TIBCO Software, Inc. *		30,700		799,428
VASCO Data Security International, Inc. *		199,290		1,929,127
Velti plc *		76,200		1,258,062
Websense, Inc. *		95,057		2,155,893
Wright Express Corp. *		13,000		639,600

				28,850,000

Technology Hardware & Equipment 6.1%
Aviat Networks, Inc. *		279,600		1,082,052
Avnet, Inc. *		38,400		1,125,120
Blue Coat Systems, Inc. *		71,764		1,446,045
Brocade Communications Systems, Inc. *		259,500		1,422,060
Ceragon Networks Ltd. *		109,269		1,362,584
Echelon Corp. *		107,000		887,030
Electro Scientific Industries, Inc. *		97,300		1,869,133
Ixia *		157,198		1,571,980
Meru Networks, Inc. *		88,855		763,265
NETGEAR, Inc. *		73,754		2,427,244
QLogic Corp. *		89,200		1,353,164
Riverbed Technology, Inc. *		25,600		732,928
SeaChange International, Inc. *		162,586		1,554,322
Seagate Technology plc		102,300		1,420,947

				19,017,874

Telecommunication Services 1.6%
Cbeyond, Inc. *		147,485		1,656,256
Cogent Communications Group, Inc. *		119,400		1,799,358
Windstream Corp.		120,500		1,471,305

				4,926,919

Transportation 1.5%
Arkansas Best Corp.		47,700		1,147,662
Forward Air Corp.		70,503		2,196,873
Hub Group, Inc., Class A *		18,300		649,284
Old Dominion Freight Line, Inc. *		21,700		803,985

				4,797,804

Laudus Small-Cap MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Utilities 1.6%
Hawaiian Electric Industries, Inc.		68,935		1,613,079
Portland General Electric Co.		72,400		1,794,072
Wisconsin Energy Corp.		49,100		1,504,915

				4,912,066

Total Common Stock
(Cost $248,390,726)				297,852,232




Foreign Common Stock 0.5% of net assets

United Kingdom 0.5%


Insurance 0.5%
Willis Group Holdings plc		42,103		1,723,697

Total Foreign Common Stock
(Cost $1,163,465)				1,723,697




Other Investment Company 3.3% of net assets

Money Fund 3.3%
State Street Institutional Liquid Reserves Fund - Institutional Class		10,117,958		10,117,958

Total Other Investment Company
(Cost $10,117,958)				10,117,958



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $265,361,714, and the unrealized appreciation and depreciation were $56,897,160 and ($12,564,987) respectively, with a net appreciation of $44,332,173.


*		Non-income producing security.


REIT —		Real Estate Investment Trust

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

Russell 2000 Index, mini, Long, expires 09/16/11

3,579,750

87,671

Various inputs are used in determining the value of the fund’s investments. The fair value measurements and disclosures establish a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. These inputs are summarized in the three broad levels listed below:


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets,

Laudus Small-Cap MarketMasters Fund

Portfolio Holdings (Unaudited) continued


		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 by the fund in the absence of market information. Assumptions used by the fund 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. The following is a summary of the inputs used to value the fund’s investments as of July 31, 2011:


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$297,852,232		$—		$—		$297,852,232
Foreign Common Stock(a)		1,723,697		—		—		1,723,697
Other Investment Company(a)		10,117,958		—		—		10,117,958

Total		$309,693,887		$—		$—		$309,693,887

Other Financial Instruments
Futures Contracts*		$87,671		$—		$—		$87,671


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

On July 31, 2011, the fund had open equity index futures contracts (“futures”). The fund invests in futures to seek returns on the fund’s otherwise uninvested cash assets. The primary risk associated with investing in futures contracts is market risk.

REG46829JUL11

Schwab Capital Trust
Laudus International MarketMasters Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	96	.7%	Common Stock		1,453,091,921		1,798,681,321
	0	.1%	Preferred Stock		1,133,541		1,605,041
	3	.8%	Other Investment Companies		71,909,602		71,779,916
	0	.0%	Corporate Bond		117,576		149,351


	100	.6%	Total Investments		1,526,252,640		1,872,215,629
	(0	.6)%	Other Assets and Liabilities, Net				(11,703,450	)


	100	.0%	Net Assets				1,860,512,179


	Number		Value
Security	of Shares		($)

Common Stock 96.7% of net assets

Australia 5.1%


Capital Goods 0.3%
Boart Longyear Group		241,200		1,069,711
Monadelphous Group Ltd.		207,078		4,350,789

				5,420,500


Commercial & Professional Supplies 1.2%
Brambles Ltd.		172,200		1,307,402
Campbell Brothers Ltd.		158,066		7,988,774
Transfield Services Ltd.		3,382,126		12,406,399

				21,702,575


Energy 0.1%
Bandanna Energy Ltd. *		1,164,297		2,796,522


Food, Beverage & Tobacco 0.0%
Treasury Wine Estates *		134,333		507,669


Materials 2.3%
Amcor Ltd.		1,152,300		8,894,252
Atlas Iron Ltd. *		1,108,806		4,925,779
BHP Billiton Ltd. ADR		170,475		15,606,986
Iluka Resources Ltd.		203,793		3,972,859
Medusa Mining Ltd.		293,176		2,271,756
Orica Ltd.		150,100		4,229,885
PanAust Ltd. *		706,300		3,178,373

				43,079,890


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
Mesoblast Ltd. *		301,446		3,005,053


Real Estate 0.7%
Commonwealth Property Office Fund		13,182,186		13,771,341


Retailing 0.3%
David Jones Ltd.		1,444,295		4,751,713

				95,035,263

Austria 0.2%


Capital Goods 0.1%
Andritz AG		11,900		1,154,339


Energy 0.1%
Schoeller-Bleckmann Oilfield Equipment AG		27,188		2,654,563

				3,808,902

Belgium 0.1%


Food & Staples Retailing 0.0%
Colruyt S.A.		9,992		486,719


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
UCB S.A.		14,800		680,695

				1,167,414

Brazil 1.6%


Capital Goods 0.3%
Iochpe-Maxion S.A.		37,300		485,837
Mills Estruturas e Servicos de Engenharia S.A.		305,796		4,140,772

				4,626,609


Diversified Financials 0.3%
CETIP SA - Balcao Organizado de Ativos e Derivativos		377,624		6,452,614


Energy 0.0%
OGX Petroleo e Gas Participacoes S.A. *		101,100		842,256


Food & Staples Retailing 0.0%
Drogasil S.A.		14,200		114,453


Health Care Equipment & Services 0.1%
OdontoPrev S.A.		53,800		921,037


Insurance 0.0%
Sul America S.A.		57,900		675,752


Materials 0.6%
Vale S.A. ADR		343,500		11,143,140


Media 0.0%
T4F Entretenimento S.A. *		27,800		259,922


Real Estate 0.1%
BR Malls Participacoes S.A.		96,100		1,119,106
BR Properties S.A.		62,400		692,864

				1,811,970


Retailing 0.1%
Cia. Hering		61,700		1,322,441


Transportation 0.1%
CCR S.A.		47,000		1,414,985

				29,585,179

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Canada 8.0%


Banks 0.4%
Canadian Western Bank		144,617		4,608,915
Home Capital Group, Inc.		6,868		370,266
Laurentian Bank of Canada		9,281		416,331
National Bank of Canada		25,719		1,993,293

				7,388,805


Capital Goods 0.1%
Finning International, Inc.		51,150		1,466,859


Consumer Durables & Apparel 0.1%
Gildan Activewear, Inc.		57,400		1,720,588


Consumer Services 0.1%
Tim Hortons, Inc.		38,276		1,836,783


Diversified Financials 0.1%
CI Financial Corp.		52,537		1,217,954


Energy 2.2%
Bankers Petroleum Ltd. *		4,739		29,760
Canadian Natural Resources Ltd.		116,550		4,695,799
Crescent Point Energy Corp.		30,546		1,373,123
Legacy Oil + Gas, Inc. *		377,244		4,465,571
Pacific Rubiales Energy Corp.		36,473		1,049,012
Pason Systems, Inc.		595,500		9,193,181
Petrominerales Ltd.		86,267		2,752,021
Peyto Exploration & Development Corp.		41,773		1,018,694
Precision Drilling Corp. *		48,600		839,290
Suncor Energy, Inc.		181,975		6,955,084
Trican Well Service Ltd.		304,778		7,977,914

				40,349,449


Food & Staples Retailing 0.1%
Alimentation Couche-Tard, Inc., Class B		63,161		1,993,097


Food, Beverage & Tobacco 0.1%
Saputo, Inc.		37,768		1,768,924


Health Care Equipment & Services 0.5%
SXC Health Solutions Corp. *		138,395		8,758,957


Insurance 0.1%
Intact Financial Corp.		15,312		888,639
Intact Financial Corp. (Subscription Receipt)		6,173		351,857
Manulife Financial Corp.		52,625		836,211

				2,076,707


Materials 2.0%
AuRico Gold, Inc. *		171,227		2,078,846
Copper Mountain Mining Corp. *		369,211		2,704,984
Detour Gold Corp. *		132,551		4,166,107
First Quantum Minerals Ltd.		12,700		1,760,680
IAMGOLD Corp.		43,400		868,500
Major Drilling Group International, Inc.		458,583		6,844,307
New Gold, Inc. *		83,642		904,309
Potash Corp. of Saskatchewan, Inc.		312,675		18,075,742

				37,403,475


Media 0.2%
Thomson Reuters Corp.		110,400		3,796,896


Real Estate 0.8%
Brookfield Asset Management, Inc., Class A		172,554		5,440,628
Morguard REIT		223,790		3,660,932
Northern Property REIT		160,700		5,168,571

				14,270,131


Retailing 0.2%
Dollarama, Inc. *		140,714		4,706,912


Software & Services 0.1%
CGI Group, Inc., Class A *		34,800		748,121
Open Text Corp. *		22,600		1,526,856

				2,274,977


Transportation 0.9%
Canadian National Railway Co.		129,925		9,726,185
Canadian Pacific Railway Ltd.		116,725		7,454,059

				17,180,244

				148,210,758

Chile 0.1%


Banks 0.1%
Banco Santander Chile ADR		13,935		1,295,676


Pharmaceuticals, Biotechnology & Life Sciences 0.0%
CFR Pharmaceuticals S.A. *		2,118,794		530,278


Real Estate 0.0%
Parque Arauco S.A.		237,511		493,192

				2,319,146

China 2.1%


Banks 0.3%
Industrial & Commercial Bank of China Ltd., Class H		6,807,000		5,169,571


Capital Goods 0.0%
Haitian International Holdings Ltd.		407,000		492,969
Lonking Holdings Ltd.		115,000		58,276

				551,245


Commercial & Professional Supplies 0.1%
51job, Inc. *		31,713		2,094,644


Consumer Durables & Apparel 0.3%
Haier Electronics Group Co., Ltd. *		4,512,000		5,491,013


Consumer Services 0.1%
Ajisen China Holdings Ltd.		258,000		507,568
New Oriental Education & Technology Group, Inc. ADR *		8,100		1,034,613

				1,542,181


Energy 0.1%
China Shenhua Energy Co., Ltd., Class H		411,000		2,060,796


Food & Staples Retailing 0.0%
Sun Art Retail Group Ltd. *		12,000		15,428

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Food, Beverage & Tobacco 0.2%
China Minzhong Food Corp., Ltd. *		204,000		240,146
Shenguan Holdings Group Ltd.		3,990,000		2,554,200

				2,794,346


Materials 0.3%
AMVIG Holdings Ltd.		6,818,000		4,189,809
China Lumena New Materials Corp.		2,252,310		795,329
Dongyue Group		422,000		459,205

				5,444,343


Media 0.1%
Focus Media Holding Ltd. ADR *		65,200		2,144,428


Real Estate 0.0%
Evergrande Real Estate Group Ltd.		186,000		139,494


Retailing 0.3%
China ZhengTong Auto Services Holdings Ltd. *		1,682,000		2,225,466
Intime Department Store Group Co Ltd.		1,704,000		2,852,829

				5,078,295


Semiconductors & Semiconductor Equipment 0.0%
Spreadtrum Communications, Inc.		47,000		636,850


Software & Services 0.3%
21Vianet Group Inc. ADR *		66,203		870,570
Kingdee International Software Group Co., Ltd.		7,980,800		4,679,651

				5,550,221


Technology Hardware & Equipment 0.0%
AAC Technologies Holdings, Inc.		194,000		447,080
Hollysys Automation Technologies Ltd. *		28,983		202,011

				649,091

				39,361,946

Denmark 0.8%


Capital Goods 0.0%
FLSmidth & Co. A/S		6,900		535,062


Health Care Equipment & Services 0.1%
Coloplast A/S, Class B		11,684		1,796,309


Materials 0.5%
Christian Hansen Holding A/S		411,015		9,478,161


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
Novo Nordisk A/S, Class B		19,750		2,415,836


Software & Services 0.0%
SimCorp A/S		2,812		520,655

				14,746,023

Egypt 0.1%


Banks 0.0%
Commercial International Bank Egypt S.A.E.		112,700		513,184


Diversified Financials 0.1%
Egyptian Financial Group-Hermes Holding S.A.E. *		163,870		524,250

				1,037,434

Finland 0.5%


Automobiles & Components 0.1%
Nokian Renkaat Oyj		65,593		3,068,095


Capital Goods 0.3%
Kone Oyj, Class B		34,859		2,020,899
Metso Corp. Oyj		13,200		645,244
Outotec Oyj		55,529		2,727,176

				5,393,319


Materials 0.1%
M-real Oyj, Class B *		27,071		99,684
UPM-Kymmene Oyj		94,459		1,471,991

				1,571,675

				10,033,089

France 6.3%


Automobiles & Components 0.1%
Faurecia		27,200		1,049,199


Banks 0.7%
BNP Paribas S.A.		206,803		13,411,964


Capital Goods 1.0%
Haulotte Group *		4,600		87,434
Mersen S.A.		131,094		7,084,381
Nexans S.A.		76,015		6,558,808
Safran S.A.		69,600		2,893,166
Schneider Electric S.A.		17,337		2,505,448

				19,129,237


Commercial & Professional Supplies 0.1%
Edenred		42,400		1,220,901


Consumer Durables & Apparel 0.0%
SEB S.A.		8,898		876,990


Consumer Services 0.0%
Sodexo		2,800		213,966


Energy 0.1%
Technip S.A.		22,700		2,485,555


Food, Beverage & Tobacco 0.1%
DANONE S.A.		34,200		2,438,278


Health Care Equipment & Services 0.3%
Essilor International S.A.		43,266		3,467,281
Medica S.A.		111,914		2,341,907

				5,809,188


Household & Personal Products 0.2%
L’Oreal S.A.		36,108		4,344,341


Insurance 0.4%
AXA S.A.		221,186		4,138,163

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Euler Hermes S.A.		32,831		2,882,641

				7,020,804


Materials 0.2%
Air Liquide S.A.		13,562		1,862,917
Arkema		17,054		1,663,767

				3,526,684


Media 1.1%
Ipsos		131,689		6,230,699
Publicis Groupe		168,000		8,543,406
Societe Television Francaise 1		259,500		4,948,263

				19,722,368


Pharmaceuticals, Biotechnology & Life Sciences 0.4%
Boiron S.A.		78,450		3,349,052
Eurofins Scientific		39,530		3,566,021

				6,915,073


Software & Services 0.2%
Alten		85,144		3,176,410


Technology Hardware & Equipment 1.1%
Gemalto N.V.		10,500		500,248
Ingenico S.A.		195,200		8,226,374
Neopost S.A.		158,235		12,644,425

				21,371,047


Utilities 0.3%
Rubis		55,630		3,246,172
Suez Environnement Co.		111,456		2,066,089

				5,312,261

				118,024,266

Germany 6.9%


Automobiles & Components 0.8%
Bayerische Motoren Werke AG		40,583		4,057,154
Daimler AG - Reg’d		50,100		3,632,025
ElringKlinger AG		183,467		5,483,371
SAF-Holland S.A. *		168,594		1,901,683

				15,074,233


Capital Goods 1.4%
Bilfinger Berger SE		111,789		11,025,198
GEA Group AG		8,700		303,337
Gildemeister AG *		117,368		2,151,293
Kloeckner & Co., SE		34,950		851,080
MTU Aero Engines Holding AG		88,892		6,562,513
Rational AG		19,610		5,310,798

				26,204,219


Consumer Durables & Apparel 0.3%
Gerry Weber International AG		161,124		5,338,445


Insurance 0.5%
Allianz SE - Reg’d		67,100		8,744,131


Materials 1.5%
BASF SE		53,168		4,801,664
BASF SE ADR		76,750		6,955,085
Lanxess AG		39,109		3,139,139
Symrise AG		420,669		11,492,098
Wacker Chemie AG		10,100		1,909,937

				28,297,923


Media 0.4%
GfK SE		101,386		5,099,580
Kabel Deutschland Holding AG *		21,700		1,221,429

				6,321,009


Pharmaceuticals, Biotechnology & Life Sciences 0.5%
Bayer AG - Reg’d		63,230		5,058,412
QIAGEN N.V. *		271,115		4,560,097

				9,618,509


Retailing 0.3%
Fielmann AG		59,597		6,224,101


Semiconductors & Semiconductor Equipment 0.2%
Aixtron SE		24,163		649,133
Infineon Technologies AG		203,308		2,040,007

				2,689,140


Software & Services 0.7%
SAP AG		180,147		11,263,174
XING AG *		26,411		2,315,326

				13,578,500


Technology Hardware & Equipment 0.2%
Wincor Nixdorf AG		67,710		4,234,444


Transportation 0.1%
Fraport AG		14,000		1,121,722

				127,446,376

Hong Kong 1.9%


Automobiles & Components 0.1%
Brilliance China Automotive Holdings Ltd. *		1,334,000		1,696,979


Capital Goods 0.2%
Noble Group Ltd.		1,200,000		1,860,822
Singamas Container Holdings Ltd.		2,474,000		855,421

				2,716,243


Consumer Durables & Apparel 0.0%
Arts Optical International Holdings Ltd.		1,698,000		686,281


Diversified Financials 0.0%
Value Partners Group Ltd.		828,000		655,423


Energy 0.2%
CNOOC Ltd.		1,443,000		3,212,135


Household & Personal Products 0.2%
Biostime International Holdings Ltd.		1,621,000		3,539,486


Materials 0.3%
China Resources Cement Holdings Ltd.		308,000		295,416
China Shanshui Cement Group		4,355,000		5,281,822

				5,577,238


Real Estate 0.0%
Country Garden Holdings Co.		550,000		281,670


Retailing 0.2%
Giordano International Ltd.		3,180,000		2,422,325
Luk Fook Holdings International Ltd.		359,000		1,885,226

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Sa Sa International Holdings Ltd.		150,000		118,822

				4,426,373


Semiconductors & Semiconductor Equipment 0.3%
ASM Pacific Technology Ltd.		488,400		5,356,842


Technology Hardware & Equipment 0.0%
China High Precision Automation Group Ltd.		429,000		297,612


Telecommunication Services 0.1%
Hutchison Telecommunications Hong Kong Holdings Ltd.		1,932,000		686,081
SmarTone Telecommunications Holdings Ltd.		286,500		442,393

				1,128,474


Transportation 0.3%
Pacific Basin Shipping Ltd.		10,483,000		5,744,676

				35,319,432

India 0.8%


Banks 0.3%
Axis Bank Ltd.		38,377		1,162,432
HDFC Bank Ltd.		83,195		919,953
Indian Bank		505,223		2,577,694

				4,660,079


Consumer Durables & Apparel 0.2%
Titan Industries Ltd.		164,000		846,486
TTK Prestige Ltd.		28,514		1,905,379

				2,751,865


Consumer Services 0.1%
Jubilant Foodworks Ltd. *		136,268		2,626,019


Diversified Financials 0.0%
Shriram Transport Finance Co., Ltd.		46,131		667,125


Media 0.1%
Dish TV India Ltd. *		945,547		1,814,799


Software & Services 0.1%
Tata Consultancy Services Ltd.		55,829		1,438,218

				13,958,105

Indonesia 0.4%


Banks 0.1%
PT Bank Rakyat Indonesia (Persero) Tbk		1,993,500		1,613,661


Capital Goods 0.1%
PT United Tractors Tbk		863,893		2,771,029


Energy 0.1%
Indo Tambangraya Megah PT		202,000		1,196,777


Food, Beverage & Tobacco 0.1%
PT Indofood Sukses Makmur Tbk		2,361,000		1,758,805


Pharmaceuticals, Biotechnology & Life Sciences 0.0%
PT Kalbe Farma Tbk		2,072,500		846,827

				8,187,099

Ireland 1.8%


Banks 0.3%
The Governor & Company of the Bank of Ireland *		36,132,080		5,460,285


Capital Goods 0.4%
Cooper Industries plc		117,800		6,162,118
Ingersoll-Rand plc		43,200		1,616,544

				7,778,662


Commercial & Professional Supplies 0.3%
Experian plc		353,773		4,650,485


Consumer Services 0.0%
Paddy Power plc		15,429		754,886


Food, Beverage & Tobacco 0.3%
Glanbia plc		673,843		4,551,233


Materials 0.3%
Kenmare Resources plc *		6,971,259		6,339,412


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
Elan Corp. plc *		70,100		775,306
Shire plc		81,291		2,821,503

				3,596,809

				33,131,772

Israel 0.6%


Materials 0.1%
Israel Chemicals Ltd.		131,548		2,211,787


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Teva Pharmaceutical Industries Ltd. ADR		48,566		2,265,118


Semiconductors & Semiconductor Equipment 0.3%
Mellanox Technologies Ltd. *		141,762		4,940,406


Software & Services 0.1%
Check Point Software Technologies Ltd. *		27,085		1,561,450


Technology Hardware & Equipment 0.0%
Orbotech Ltd. *		25,000		280,750

				11,259,511

Italy 2.0%


Automobiles & Components 0.5%
Pirelli & C. S.p.A.		984,326		10,206,083


Banks 0.6%
Intesa Sanpaolo		4,468,570		10,308,070


Capital Goods 0.2%
Interpump Group S.p.A.		351,364		2,848,702


Consumer Durables & Apparel 0.2%
Salvatore Ferragamo Italia S.p.A. *		178,658		3,401,455


Consumer Services 0.1%
Lottomatica S.p.A. *		99,682		1,976,863


Diversified Financials 0.2%
Banca Generali S.p.A		289,917		3,464,808


Energy 0.1%
Saipem S.p.A.		52,102		2,715,059

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Food, Beverage & Tobacco 0.1%
Davide Campari-Milano S.p.A		123,400		1,017,971


Health Care Equipment & Services 0.0%
DiaSorin S.p.A.		17,769		878,341


Transportation 0.0%
Ansaldo STS S.p.A.		44,488		429,962

				37,247,314

Japan 15.2%


Automobiles & Components 2.3%
EXEDY Corp.		32,900		1,243,120
F.C.C. Co., Ltd.		513,111		12,317,339
Honda Motor Co., Ltd.		209,500		8,312,107
Nifco, Inc.		373,200		9,982,995
Toyota Boshoku Corp.		30,300		509,127
Toyota Motor Corp.		258,000		10,532,588

				42,897,276


Banks 0.6%
Sumitomo Mitsui Financial Group, Inc.		324,500		10,208,426


Capital Goods 2.1%
Chiyoda Corp.		83,000		1,060,183
Fanuc Ltd.		22,800		4,313,122
JGC Corp.		29,000		905,698
Komatsu Ltd.		113,400		3,540,163
Makino Milling Machine Co., Ltd.		580,000		5,704,783
Makita Corp.		63,700		2,996,788
Misumi Group, Inc.		36,300		1,013,165
Miura Co., Ltd.		110,000		3,167,982
Nabtesco Corp.		128,900		3,274,375
NGK Insulators Ltd.		32,000		586,094
SMC Corp.		13,500		2,482,770
THK Co., Ltd.		99,900		2,589,939
Tsubakimoto Chain Co.		468,000		3,005,128
Ushio, Inc.		251,200		4,724,684

				39,364,874


Commercial & Professional Supplies 0.6%
Meitec Corp.		120,000		2,673,469
Secom Co., Ltd.		159,400		7,951,734

				10,625,203


Consumer Durables & Apparel 0.3%
Asics Corp.		58,000		879,461
Shimano, Inc.		13,500		710,590
Tamron Co., Ltd.		124,700		3,257,485

				4,847,536


Consumer Services 0.1%
Round One Corp.		342,200		2,754,496


Diversified Financials 0.8%
Daiwa Securities Group, Inc.		2,726,000		11,856,889
ORIX Corp.		30,730		3,314,921
Osaka Securities Exchange Co., Ltd.		78		389,764

				15,561,574


Food, Beverage & Tobacco 0.4%
Ariake Japan Co., Ltd.		216,700		4,425,291
Japan Tobacco, Inc.		770		3,489,532

				7,914,823


Health Care Equipment & Services 1.6%
Hogy Medical Co., Ltd.		156,500		7,010,062
M3, Inc.		262		2,364,947
Miraca Holdings, Inc.		173,300		7,283,769
Nihon Kohden Corp.		142,400		3,957,932
Olympus Corp.		249,200		8,861,887

				29,478,597


Household & Personal Products 0.2%
Dr. Ci:Labo Co., Ltd.		645		3,495,646


Materials 1.0%
Nippon Shokubai Co., Ltd.		462,000		6,043,232
Nitto Denko Corp.		27,500		1,325,187
Taiyo Holdings Co., Ltd.		108,300		3,299,474
Teijin Ltd.		217,000		969,488
Zeon Corp.		555,000		6,020,984

				17,658,365


Media 0.4%
CyberAgent, Inc.		2,219		7,733,434


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Kaken Pharmaceutical Co., Ltd.		39,000		551,299
Sawai Pharmaceutical Co., Ltd.		7,100		733,624

				1,284,923


Real Estate 0.1%
Daito Trust Construction Co., Ltd.		19,200		1,848,137


Retailing 1.0%
Fast Retailing Co., Ltd.		17,600		3,115,016
K’s Holdings Corp.		36,800		1,721,410
Nitori Co., Ltd.		25,560		2,486,882
Sanrio Co., Ltd.		71,900		3,112,150
Start Today Co., Ltd.		139,700		3,482,105
United Arrows Ltd.		115,600		2,342,565
Yamada Denki Co., Ltd.		25,150		2,013,634

				18,273,762


Semiconductors & Semiconductor Equipment 0.5%
Rohm Co., Ltd.		167,200		9,743,407


Software & Services 0.7%
Capcom Co., Ltd.		11,800		309,114
DeNA Co., Ltd.		28,300		1,409,110
Gree, Inc. *		93,600		2,143,329
Kakaku.com, Inc.		121,600		4,809,996
Yahoo Japan Corp.		11,572		4,104,191

				12,775,740


Technology Hardware & Equipment 2.1%
Anritsu Corp.		562,000		6,091,456
Canon, Inc.		234,600		11,310,407
Horiba Ltd.		273,800		9,085,992
Keyence Corp.		13,200		3,732,089
Murata Manufacturing Co., Ltd.		31,000		2,007,775
OMRON Corp.		263,200		7,408,402

				39,636,121


Telecommunication Services 0.3%
SOFTBANK Corp.		154,700		6,041,090

				282,143,430

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Luxembourg 0.8%


Energy 0.5%
Subsea 7 S.A. *		69,700		1,835,442
Tenaris S.A. ADR		176,900		7,818,980

				9,654,422


Materials 0.2%
ArcelorMittal		81,500		2,540,443


Retailing 0.0%
L’Occitane International S.A. *		126,750		348,614


Telecommunication Services 0.1%
Millicom International Cellular S.A.		15,715		1,880,012

				14,423,491

Mexico 0.5%


Diversified Financials 0.0%
Compartamos S.A.B. de C.V.		464,667		836,118


Food, Beverage & Tobacco 0.0%
Fomento Economico Mexicano S.A.B. de C.V. ADR		7,100		513,827


Media 0.2%
Grupo Televisa S.A. ADR		128,200		2,844,758


Pharmaceuticals, Biotechnology & Life Sciences 0.3%
Genomma Lab Internacional S.A., Class B *		2,572,905		5,892,299

				10,087,002

Netherlands 3.8%


Capital Goods 1.4%
Aalberts Industries N.V.		105,470		2,054,781
Koninklijke Boskalis Westminster N.V.		400,899		16,865,420
Koninklijke Philips Electronics N.V.		236,800		5,881,517

				24,801,718


Energy 1.5%
Core Laboratories N.V.		46,100		5,010,148
Royal Dutch Shell plc, B Shares		170,973		6,260,287
SBM Offshore N.V.		170,472		4,075,119
Schlumberger Ltd.		138,325		12,500,430

				27,845,984


Food & Staples Retailing 0.2%
Koninklijke Ahold N.V.		323,800		4,311,526


Food, Beverage & Tobacco 0.3%
Heineken Holding N.V.		89,300		4,537,418
Unilever N.V., NY Shares		43,850		1,424,248

				5,961,666


Materials 0.3%
Akzo Nobel N.V.		100,300		6,126,599


Semiconductors & Semiconductor Equipment 0.1%
ASML Holding N.V.		59,502		2,119,690

				71,167,183

New Zealand 0.8%


Consumer Services 0.3%
Sky City Entertainment Group Ltd.		1,690,929		5,464,010


Health Care Equipment & Services 0.3%
Fisher & Paykel Healthcare Corp., Ltd.		2,369,299		5,212,214


Transportation 0.2%
Auckland International Airport Ltd.		2,088,250		4,143,054

				14,819,278

Norway 0.8%


Commercial & Professional Supplies 0.4%
Tomra Systems A.S.A.		718,190		6,493,886


Energy 0.4%
Aker Solutions A.S.A.		76,700		1,342,233
Farstad Shipping A.S.A.		107,898		3,216,320
TGS Nopec Geophysical Co., A.S.A.		104,936		3,060,853

				7,619,406


Materials 0.0%
Yara International A.S.A. ADR		14,200		810,820


Software & Services 0.0%
Opera Software A.S.A.		46,492		298,174


Transportation 0.0%
Norwegian Air Shuttle A.S.A. *		28,700		558,970

				15,781,256

Peru 0.1%


Banks 0.1%
Credicorp Ltd.		17,103		1,670,963

Philippines 0.1%


Capital Goods 0.0%
Alliance Global Group, Inc. *		3,331,000		915,383


Transportation 0.1%
International Container Terminal Services, Inc.		974,500		1,261,234

				2,176,617

Republic of Korea 1.9%


Automobiles & Components 0.4%
Halla Climate Control Corp.		4,469		108,992
Hyundai Mobis		4,948		1,781,277
Hyundai Motor Co.		12,336		2,746,349
Mando Corp.		18,600		3,673,410

				8,310,028


Capital Goods 0.3%
Samsung Engineering Co., Ltd.		7,594		1,871,621
Samsung Heavy Industries Co., Ltd.		80,220		3,263,699

				5,135,320

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Consumer Durables & Apparel 0.2%
Handsome Co., Ltd.		119,470		3,188,001


Insurance 0.4%
Dongbu Insurance Co., Ltd.		12,900		640,117
Hyundai Marine & Fire Insurance Co., Ltd.		181,190		5,803,315
Samsung Fire & Marine Insurance Co., Ltd.		7,280		1,646,793

				8,090,225


Materials 0.1%
Hyundai Steel Co.		7,200		887,419


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Celltrion, Inc.		53,100		2,415,606


Semiconductors & Semiconductor Equipment 0.3%
Samsung Electronics Co., Ltd.		7,280		5,829,551


Software & Services 0.1%
NCSoft Corp.		5,900		1,815,520

				35,671,670

Singapore 3.6%


Capital Goods 0.2%
Keppel Corp., Ltd.		247,500		2,274,803
SembCorp Marine Ltd.		198,000		885,311

				3,160,114


Energy 0.2%
Ezra Holdings Ltd.		2,713,000		2,824,120


Health Care Equipment & Services 0.1%
Biosensors International Group Ltd. *		2,003,000		2,268,148


Real Estate 1.3%
Ascendas REIT		4,307,000		7,294,057
CapitaMall Trust		8,301,200		12,984,418
CapitaMalls Asia Ltd.		1,081,000		1,287,128
Global Logistic Properties Ltd. *		1,090,000		1,824,852

				23,390,455


Telecommunication Services 0.4%
StarHub Ltd.		3,432,000		8,037,062


Transportation 1.1%
SATS Ltd.		4,027,000		8,411,223
SIA Engineering Co., Ltd.		2,926,000		9,840,295
SMRT Corp., Ltd.		1,885,553		2,882,380

				21,133,898


Utilities 0.3%
Hyflux Ltd.		3,642,000		5,920,399

				66,734,196

South Africa 0.3%


Capital Goods 0.0%
Wilson Bayly Holmes-Ovcon Ltd.		36,458		588,488


Energy 0.1%
Sasol Ltd.		29,737		1,491,616


Food & Staples Retailing 0.1%
Shoprite Holdings Ltd.		89,224		1,386,604


Health Care Equipment & Services 0.0%
Life Healthcare Group Holdings Pte Ltd.		294,756		766,286


Retailing 0.1%
Clicks Group Ltd.		134,556		803,760
The Foschini Group Ltd.		82,504		1,085,033

				1,888,793

				6,121,787

Spain 1.0%


Banks 0.6%
Banco Santander S.A.		1,048,190		11,032,501


Commercial & Professional Supplies 0.2%
Prosegur, Compania de Seguridad S.A. - Reg’d		102,920		4,736,778


Consumer Services 0.1%
NH Hoteles S.A. *		242,744		1,521,129


Energy 0.0%
Tecnicas Reunidas S.A.		5,901		260,178


Food, Beverage & Tobacco 0.0%
Viscofan S.A.		15,443		575,831


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Grifols S.A. *		51,500		1,125,641

				19,252,058

Sweden 1.6%


Capital Goods 0.9%
Assa Abloy AB, B Shares		363,500		9,332,608
Atlas Copco AB, A Shares		107,937		2,547,255
Hexagon AB, Class B		172,182		3,504,321
NIBE Industrier AB, B Shares		24,352		410,001

				15,794,185


Commercial & Professional Supplies 0.2%
AF AB, B Shares		218,592		4,056,684


Consumer Durables & Apparel 0.0%
JM AB		27,447		531,650


Diversified Financials 0.0%
Kinnevik Investment AB, B Shares		17,700		407,493


Energy 0.1%
Lundin Petroleum AB *		104,600		1,435,924


Food, Beverage & Tobacco 0.1%
Swedish Match AB		48,900		1,818,517


Health Care Equipment & Services 0.2%
Elekta AB, B Shares		26,384		1,214,195
Getinge AB, B Shares		67,406		1,817,978

				3,032,173


Retailing 0.1%
Hennes & Mauritz AB, B Shares		53,700		1,835,978

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Mekonomen AB		9,654		312,341

				2,148,319

				29,224,945

Switzerland 7.8%


Capital Goods 0.7%
ABB Ltd. - Reg’d *		271,575		6,504,682
Geberit AG - Reg’d *		13,900		3,280,065
Meyer Burger Technology AG *		12,911		453,220
Sulzer AG - Reg’d		16,100		2,339,342

				12,577,309


Commercial & Professional Supplies 0.6%
Adecco S.A. - Reg’d *		161,800		9,722,922
SGS S.A. - Reg’d		898		1,744,296

				11,467,218


Consumer Durables & Apparel 0.2%
Compagnie Financiere Richemont S.A., Series A		56,820		3,669,681


Consumer Services 0.0%
Orascom Development Holding AG *		14,366		481,878


Diversified Financials 1.3%
Credit Suisse Group AG - Reg’d *		331,700		11,925,443
Julius Baer Group Ltd. *		29,005		1,232,396
Partners Group Holding AG		8,154		1,549,653
UBS AG - Reg’d *		528,500		8,724,762

				23,432,254


Energy 1.3%
Noble Corp.		270,400		9,969,648
Transocean Ltd.		114,121		7,025,289
Weatherford International Ltd. *		362,125		7,937,780

				24,932,717


Food, Beverage & Tobacco 1.3%
Aryzta AG		19,300		1,054,008
Nestle S.A. - Reg’d		140,800		8,969,174
Nestle S.A. - Reg’d ADR		207,512		13,228,890

				23,252,072


Health Care Equipment & Services 0.1%
Nobel Biocare Holding AG - Reg’d *		89,076		1,704,050


Materials 1.0%
Givaudan S.A. - Reg’d *		7,740		8,475,121
Glencore International plc *		325,995		2,545,494
Holcim Ltd. - Reg’d *		92,600		6,349,155
Sika AG - Bearer Shares		499		1,167,626

				18,537,396


Pharmaceuticals, Biotechnology & Life Sciences 0.9%
Novartis AG - Reg’d		95,600		5,860,479
Novartis AG ADR		59,775		3,658,230
Roche Holding AG		43,900		7,877,671

				17,396,380


Transportation 0.4%
Kuehne & Nagel International AG - Reg’d		55,600		7,773,037

				145,223,992

Taiwan 1.4%


Capital Goods 0.4%
AirTac International Group		524,000		4,092,382
Yungtay Engineering Co., Ltd.		1,685,000		3,210,877

				7,303,259


Health Care Equipment & Services 0.1%
St. Shine Optical Co., Ltd.		187,000		2,884,074


Materials 0.3%
Taiwan Hon Chuan Enterprise Co., Ltd.		1,597,000		4,801,933


Semiconductors & Semiconductor Equipment 0.0%
Powertech Technology, Inc.		2,100		6,042


Technology Hardware & Equipment 0.6%
Catcher Technology Co., Ltd.		207,490		1,812,149
HTC Corp.		47,250		1,405,568
Largan Precision Co., Ltd.		167,000		5,623,402
TPK Holding Co Ltd. *		52,000		1,535,630

				10,376,749

				25,372,057

Thailand 0.1%


Banks 0.1%
Kasikornbank Public Co., Ltd.		317,500		1,506,995


Energy 0.0%
Banpu Public Co., Ltd. - Reg’d		9,800		239,228


Health Care Equipment & Services 0.0%
Bangkok Dusit Medical Services PCL		192,300		372,350

				2,118,573

Turkey 0.1%


Automobiles & Components 0.0%
Tofas Turk Otomobil Fabrikasi A/S		94,702		390,671


Banks 0.1%
Turkiye Halk Bankasi A/S		131,688		919,531

				1,310,202

United Kingdom 17.2%


Capital Goods 3.5%
Ashtead Group plc		1,471,578		3,870,330
BAE Systems plc		398,400		1,983,444
Bodycote plc		675,095		4,270,754
Cobham plc		1,539,624		5,131,973
IMI plc		407,181		6,988,604
Interserve plc		695,524		3,798,903
Meggitt plc		137,232		872,142
Rolls-Royce Holdings plc *		251,024		2,679,992
Rotork plc		537,610		13,945,538

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Spirax-Sarco Engineering plc		230,945		7,097,316
The Weir Group plc		77,481		2,689,025
Ultra Electronics Holdings plc		323,123		8,343,045
Wolseley plc		103,800		3,081,596

				64,752,662


Commercial & Professional Supplies 1.4%
Aggreko plc		103,471		3,276,889
Babcock International Group plc		191,096		2,110,690
De La Rue plc		703,812		9,016,906
G4S plc		1,532,900		6,886,492
Michael Page International plc		65,495		537,211
RPS Group plc		169,672		650,310
Serco Group plc		423,957		3,750,903

				26,229,401


Consumer Durables & Apparel 0.5%
Bellway plc		317,850		3,435,832
Burberry Group plc		115,406		2,821,352
Persimmon plc		122,400		923,695
The Berkeley Group Holdings plc *		74,483		1,502,020

				8,682,899


Consumer Services 0.2%
Greene King plc		344,905		2,763,897
Restaurant Group plc		72,302		347,021
Whitbread plc		59,034		1,504,579

				4,615,497


Diversified Financials 0.6%
Aberdeen Asset Management plc		1,945,411		7,016,342
Ashmore Group plc		142,997		944,726
Hargreaves Lansdown plc		69,746		651,502
IG Group Holdings plc		127,916		926,181
Jupiter Fund Management plc		114,174		436,923
Schroders plc		75,600		2,012,316

				11,987,990


Energy 0.9%
Afren plc *		973,775		2,230,765
AMEC plc		118,669		2,045,952
BG Group plc		158,669		3,740,868
Cairn Energy plc *		121,135		732,309
Enquest plc *		107,155		218,821
John Wood Group plc		359,730		3,924,471
Petrofac Ltd.		140,915		3,224,022
Tullow Oil plc		52,969		1,064,141

				17,181,349


Food & Staples Retailing 0.0%
Tesco plc		82,000		515,074


Food, Beverage & Tobacco 1.3%
British American Tobacco plc ADR		76,850		7,025,627
Britvic plc		112,223		644,815
Diageo plc		622,685		12,665,958
Diageo plc ADR		42,525		3,454,731

				23,791,131


Insurance 0.3%
Admiral Group plc		53,855		1,366,080
Amlin plc		189,796		1,253,734
Hiscox Ltd.		95,007		634,572
Lancashire Holdings Ltd.		94,109		1,076,013
St. James’s Place plc		86,176		521,493
Willis Group Holdings plc		22,300		912,962

				5,764,854


Materials 4.0%
Antofagasta plc		72,240		1,659,060
AZ Electronic Materials S.A. *		1,301,842		5,641,276
BHP Billiton plc		152,386		5,692,384
Croda International plc		773,165		24,065,583
Johnson Matthey plc		87,012		2,900,241
Randgold Resources Ltd. ADR		6,095		553,487
Rexam plc		2,080,232		12,639,898
Rio Tinto plc ADR		170,750		12,119,835
Victrex plc		294,066		7,022,420
Xstrata plc		146,865		3,098,612

				75,392,796


Media 0.5%
Reed Elsevier plc		457,300		4,146,511
Rightmove plc		226,260		4,528,727

				8,675,238


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
Abcam plc		167,439		1,099,372
GlaxoSmithKline plc		114,500		2,552,793

				3,652,165


Real Estate 0.1%
Shaftesbury plc		249,111		2,085,440


Retailing 0.7%
ASOS plc *		116,524		4,332,668
Carphone Warehouse Group plc		208,546		1,412,918
Dunelm Group plc		103,193		796,115
Next plc		55,695		2,164,906
Ocado Group plc *		237,846		664,873
Signet Jewelers Ltd. *		73,300		3,140,172

				12,511,652


Semiconductors & Semiconductor Equipment 0.1%
ARM Holdings plc		131,671		1,255,497


Software & Services 0.1%
Autonomy Corp. plc *		47,178		1,298,285
Telecity Group plc *		101,168		915,403

				2,213,688


Technology Hardware & Equipment 2.3%
Diploma plc		749,601		4,471,876
Halma plc		1,138,944		7,553,183
Imagination Technologies Group plc *		383,253		2,486,156
Laird plc		1,849,102		5,697,091
Spectris plc		705,316		18,144,955
TT electronics plc		1,164,116		3,687,921

				42,041,182


Utilities 0.5%
Centrica plc		997,201		5,006,086
Scottish & Southern Energy plc		197,900		4,240,266

				9,246,352

				320,594,867

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

United States 0.3%


Food, Beverage & Tobacco 0.1%
Bunge Ltd.		31,150		2,143,431


Household & Personal Products 0.1%
Herbalife Ltd.		16,800		936,096


Insurance 0.1%
PartnerRe Ltd.		27,375		1,829,198

				4,908,725

Total Common Stock
(Cost $1,453,091,921)				1,798,681,321




Preferred Stock 0.1% of net assets

Germany 0.1%
Hugo Boss AG		14,750		1,605,041

Total Preferred Stock
(Cost $1,133,541)				1,605,041




Other Investment Companies 3.8% of net assets

Equity Funds 0.1%
iShares Asia Trust - iShares FTSE/Xinhua A50 China Index ETF		1,719,400		2,762,071

Money Fund 3.7%
State Street Institutional Liquid Reserves Fund - Institutional Class		69,017,845		69,017,845

Total Other Investment Companies
(Cost $71,909,602)				71,779,916



Security	Face Amount		Value
Rate, Maturity Date	Local Currency		($)

Corporate Bond 0.0% of net assets

Brazil 0.0%
Lupatech S.A. (a)(b)
6.50%, 04/15/18		226,000		149,351

Total Corporate Bond
(Cost $117,576)				149,351



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $1,556,515,198 and the unrealized appreciation and depreciation were $355,656,263 and ($39,955,832), respectively, with a net unrealized appreciation of $315,700,431.

At 07/31/11, the values of certain foreign securities held by the fund aggregating $1,353,458,393 were adjusted from their closing market values in accordance with procedures approved by the Board of Trustees.


*		Non-income producing security.
(a)		Fair-valued by management in accordance with procedures approved by the Board of Trustees.
(b)		Illiquid security. At the period end, the value of these amounted to $149,351 or 0.0% of net assets.


ADR —		American Depositary Receipt
Reg’d —		Registered
REIT —		Real Estate Investment Trust

In addition to the above the fund held the following at 07/31/11.


			Contract		Unrealized
	Number of		Value		Gains
	Contracts		($)		($)

Futures Contracts


Russell 2000 Index, mini, Long, expires 09/16/11		324		25,774,200		631,233
S&P 500 Index, e-mini, Long, expires 09/16/11		235		15,138,700		288,639

Net unrealized gains						919,872

Amount of

Unrealized

Currency

Gains /

Expiration

to be

(Losses)

Date

Counterparty

Received

Delivered

($)

Forward Foreign Currency Contracts

08/03/2011

State Street Bank & Trust Co.

CHF

3,600,000

USD

4,574,042

182,229

09/19/2011

State Street Bank & Trust Co.

EUR

4,071,295

USD

5,843,564

52,635

09/23/2011

Morgan Stanley

GBP

5,688,000

USD

9,331,459

246,813

08/03/2011

State Street Bank & Trust Co.

JPY

310,000,000

USD

4,026,812

107,024

08/12/2011

State Street Bank & Trust Co.

USD

1,327,800

AUD

1,210,000

(276,552

)

09/12/2011

State Street Bank & Trust Co.

USD

748,758

AUD

685,000

(147,211

)

09/16/2011

State Street Bank & Trust Co.

USD

803,003

AUD

735,000

(140,842

)

09/16/2011

State Street Bank & Trust Co.

USD

1,259,677

AUD

1,153,000

(171,591

)

09/21/2011

State Street Bank & Trust Co.

USD

2,380,186

AUD

2,180,000

(83,556

)

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


				Amount of				Amount of		Unrealized
		Currency		Currency		Currency		Currency		Gains /
Expiration		to be		to be		to be		to be		(Losses)
Date	Counterparty	Received		Received		Delivered		Delivered		($)
09/21/2011	State Street Bank & Trust Co.		USD		1,069,992		AUD		980,000		(144,294	)
09/21/2011	State Street Bank & Trust Co.		USD		1,435,754		AUD		1,315,000		(175,261	)
09/21/2011	State Street Bank & Trust Co.		USD		1,091,828		AUD		1,000,000		(113,078	)
09/21/2011	State Street Bank & Trust Co.		USD		928,054		AUD		850,000		(97,434	)
09/21/2011	State Street Bank & Trust Co.		USD		1,976,210		AUD		1,810,000		(32,234	)
10/31/2011	State Street Bank & Trust Co.		USD		22,223,414		AUD		20,457,500		98,174
09/22/2011	State Street Bank & Trust Co.		USD		5,140,513		CAD		4,917,000		(131,855	)
08/03/2011	State Street Bank & Trust Co.		USD		4,574,042		CHF		3,600,000		(1,111,105	)
09/20/2011	Northern Trust Co.		USD		5,121,590		CHF		4,028,000		(329,376	)
03/21/2012	State Street Bank & Trust Co.		USD		6,472,984		CHF		5,077,000		(392,453	)
03/21/2012	State Street Bank & Trust Co.		USD		14,152,082		CHF		11,100,000		(576,093	)
03/21/2012	State Street Bank & Trust Co.		USD		3,697,391		CHF		2,900,000		(310,332	)
03/21/2012	State Street Bank & Trust Co.		USD		28,036,422		CHF		21,990,000		(1,881,981	)
03/21/2012	State Street Bank & Trust Co.		USD		14,407,075		CHF		11,300,000		(1,367,806	)
09/19/2011	State Street Bank & Trust Co.		USD		26,881,891		EUR		18,729,000		101,822
09/19/2011	State Street Bank & Trust Co.		USD		3,229,444		EUR		2,250,000		49,458
03/21/2012	State Street Bank & Trust Co.		USD		4,143,513		EUR		2,900,000		71,869
03/21/2012	State Street Bank & Trust Co.		USD		15,716,775		EUR		11,000,000		(10,931	)
09/23/2011	Morgan Stanley		USD		32,996,419		GBP		20,113,000		(154,807	)
08/03/2011	State Street Bank & Trust Co.		USD		4,026,812		JPY		310,000,000		(429,815	)
08/15/2011	State Street Bank & Trust Co.		USD		5,183,731		JPY		399,000,000		(486,851	)
09/07/2011	State Street Bank & Trust Co.		USD		8,460,168		JPY		651,000,000		(695,841	)
09/16/2011	State Street Bank & Trust Co.		USD		3,028,282		JPY		233,000,000		(179,244	)
09/21/2011	Bank of New York Mellon		USD		12,097,640		JPY		930,758,000		(589,922	)
09/21/2011	Bank of New York Mellon		USD		11,223,511		JPY		863,505,000		(450,275	)
09/21/2011	State Street Bank & Trust Co.		USD		1,624,703		JPY		125,000,000		(79,778	)
09/21/2011	State Street Bank & Trust Co.		USD		17,936,717		JPY		1,380,000,000		(483,055	)
09/21/2011	Bank of New York Mellon		USD		5,652,691		JPY		434,902,000		(204,976	)
09/21/2011	State Street Bank & Trust Co.		USD		7,018,715		JPY		540,000,000		(319,462	)
09/21/2011	State Street Bank & Trust Co.		USD		2,807,486		JPY		216,000,000		(173,019	)
09/21/2011	State Street Bank & Trust Co.		USD		7,642,601		JPY		588,000,000		(440,161	)
09/21/2011	State Street Bank & Trust Co.		USD		3,119,429		JPY		240,000,000		(72,003	)
12/21/2011	State Street Bank & Trust Co.		USD		2,135,882		SEK		13,541,000		(56,618	)
12/21/2011	State Street Bank & Trust Co.		USD		536,297		SEK		3,400,000		(6,908	)
12/21/2011	State Street Bank & Trust Co.		USD		599,391		SEK		3,800,000		23,152

Net unrealized losses on Forward Foreign Currency Contracts											(11,383,544	)


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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 funds value their holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of the foreign markets. The Board of Trustees 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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


		subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.


	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$—		$178,262,313		$—		$178,262,313
Australia(a)		—		51,447,704		—		51,447,704
Food, Beverage & Tobacco		507,669		—		—		507,669
Materials		15,606,986		27,472,904		—		43,079,890
Austria(a)		—		1,154,339		—		1,154,339
Energy		2,654,563		—		—		2,654,563
Belgium(a)		—		680,695		—		680,695
Food & Staples Retailing		486,719		—		—		486,719
Brazil(a)		29,585,179		—		—		29,585,179
Canada(a)		148,210,758		—		—		148,210,758
Chile(a)		2,319,146		—		—		2,319,146
China(a)		—		26,177,858		—		26,177,858
Capital Goods		492,969		58,276		—		551,245
Commercial & Professional Supplies		2,094,644		—		—		2,094,644
Consumer Services		1,034,613		507,568		—		1,542,181
Food & Staples Retailing		15,428		—		—		15,428
Media		2,144,428		—		—		2,144,428
Semiconductors & Semiconductor Equipment		636,850		—		—		636,850
Software & Services		870,570		4,679,651		—		5,550,221
Technology Hardware & Equipment		202,011		447,080		—		649,091
Denmark(a)		—		14,225,368		—		14,225,368
Software & Services		520,655		—		—		520,655
Egypt(a)		—		524,250		—		524,250
Banks		513,184		—		—		513,184
France(a)		—		111,109,193		—		111,109,193
Pharmaceuticals, Biotechnology & Life Sciences		3,349,052		3,566,021		—		6,915,073

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Germany(a)		$—		$37,970,492		$—		$37,970,492
Automobiles & Components		7,385,054		7,689,179		—		15,074,233
Capital Goods		303,337		25,900,882		—		26,204,219
Materials		6,955,085		21,342,838		—		28,297,923
Media		5,099,580		1,221,429		—		6,321,009
Software & Services		2,315,326		11,263,174		—		13,578,500
Hong Kong(a)		—		34,633,151		—		34,633,151
Consumer Durables & Apparel		686,281		—		—		686,281
Ireland(a)		—		10,110,770		—		10,110,770
Capital Goods		7,778,662		—		—		7,778,662
Consumer Services		754,886		—		—		754,886
Food, Beverage & Tobacco		4,551,233		—		—		4,551,233
Materials		6,339,412		—		—		6,339,412
Pharmaceuticals, Biotechnology & Life Sciences		775,306		2,821,503		—		3,596,809
Israel(a)		—		2,211,787		—		2,211,787
Pharmaceuticals, Biotechnology & Life Sciences		2,265,118		—		—		2,265,118
Semiconductors & Semiconductor Equipment		4,940,406		—		—		4,940,406
Software & Services		1,561,450		—		—		1,561,450
Technology Hardware & Equipment		280,750		—		—		280,750
Italy(a)		—		33,845,859		—		33,845,859
Consumer Durables & Apparel		3,401,455		—		—		3,401,455
Japan(a)		—		269,367,690		—		269,367,690
Software & Services		309,114		12,466,626		—		12,775,740
Luxembourg(a)		—		4,769,069		—		4,769,069
Energy		7,818,980		1,835,442		—		9,654,422
Mexico(a)		10,087,002		—		—		10,087,002
Netherlands(a)		—		37,359,533		—		37,359,533
Energy		17,510,578		10,335,406		—		27,845,984
Food, Beverage & Tobacco		1,424,248		4,537,418		—		5,961,666
Norway(a)		—		7,351,030		—		7,351,030
Energy		3,216,320		4,403,086		—		7,619,406
Materials		810,820		—		—		810,820
Peru(a)		1,670,963		—		—		1,670,963
South Africa(a)		—		4,232,994		—		4,232,994
Retailing		1,085,033		803,760		—		1,888,793
Spain(a)		—		2,906,948		—		2,906,948
Banks		11,032,501		—		—		11,032,501
Commercial & Professional Supplies		4,736,778		—		—		4,736,778
Food, Beverage & Tobacco		575,831		—		—		575,831
Sweden(a)		—		27,076,626		—		27,076,626
Retailing		1,835,978		312,341		—		2,148,319

Laudus International MarketMasters Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in					Significant
	Active Markets for			Significant Other		Unobservable
	Identical Assets			Observable Inputs		Inputs
Description	(Level 1)			(Level 2)		(Level 3)		Total

Switzerland(a)		$—			$60,623,549		$—		$60,623,549
Consumer Services		481,878			—		—		481,878
Energy		24,932,717			—		—		24,932,717
Food, Beverage & Tobacco		13,228,890			10,023,182		—		23,252,072
Materials		2,545,494			15,991,902		—		18,537,396
Pharmaceuticals, Biotechnology & Life Sciences		3,658,230			13,738,150		—		17,396,380
Thailand(a)		—			1,746,223		—		1,746,223
Health Care Equipment & Services		372,350			—		—		372,350
United Kingdom(a)		—			61,843,527		—		61,843,527
Capital Goods		16,412,702			48,339,960		—		64,752,662
Commercial & Professional Supplies		9,016,906			17,212,495		—		26,229,401
Consumer Services		347,021			4,268,476		—		4,615,497
Food, Beverage & Tobacco		10,480,358			13,310,773		—		23,791,131
Insurance		912,962			4,851,892		—		5,764,854
Materials		12,673,322			62,719,474		—		75,392,796
Pharmaceuticals, Biotechnology & Life Sciences		1,099,372			2,552,793		—		3,652,165
Retailing		6,014,078			6,497,574		—		12,511,652
Technology Hardware & Equipment		9,385,012			32,656,170		—		42,041,182
United States(a)		4,908,725			—		—		4,908,725
Preferred Stock(a)		1,605,041			—		—		1,605,041
Other Investment Companies(a)		71,779,916			—		—		71,779,916
Corporate Bond(a)		—			—		149,351		149,351

Total		$518,607,885			$1,353,458,393		$149,351		$1,872,215,629

Other Financial Instruments
Futures Contracts*		$919,872			$—		$—		$919,872
Forward Foreign Currency Contracts*		933,176			—		—		933,176


Liabilities Valuation Input


Other Financial Instruments
Forward Foreign Currency Contracts*		($12,316,720	)		$—		$—		($12,316,720	)


*		Futures Contracts and Forward Foreign Currency Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

The following is a reconciliation of Level 3 Investments for which significant unobservable inputs were used to determine fair value:


	Balance							Change in										Balance
	as of		Accrued			Realized		Unrealized			Net			Gross		Gross		as of
	October 31,		Discounts			Gain		Gains			Purchases			Transfers		Transfers		July 31,
Investments in Securities	2010		(Premiums)			(Loss)		(Losses)			(Sales)			in		out		2011

Common Stock
United Kingdom		$42,232		$—			$9		($683	)		($41,558	)		$—		$—		$—
Corporate Bonds
Brazil		136,224		(246	)		—		13,373			—			—		—		149,351

Total		$178,456		($246	)		$9		$12,690			($41,558	)		$—		$—		$149,351

Schwab Capital Trust
Schwab S&P 500 Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.7%

Common Stock

8,802,154,082

11,084,888,429

.7%

Total Investments

8,802,154,082

11,084,888,429

.1%

Collateral Invested for Securities on Loan

12,444,957

.2%

Other Assets and Liabilities, Net

26,145,961

100

.0%

Net Assets

11,123,479,347


	Number		Value
Security	of Shares		($)

Common Stock 99.7% of net assets

Automobiles & Components 0.7%
Ford Motor Co. *		3,538,797		43,208,712
Harley-Davidson, Inc.		231,470		10,043,483
Johnson Controls, Inc.		627,159		23,173,525
The Goodyear Tire & Rubber Co. *		197,636		3,195,774

				79,621,494

Banks 2.7%
BB&T Corp.		650,513		16,705,174
Comerica, Inc.		164,570		5,271,177
Fifth Third Bancorp		866,629		10,962,857
First Horizon National Corp.		238,860		2,147,351
Hudson City Bancorp, Inc.		481,992		3,976,434
Huntington Bancshares, Inc.		768,693		4,646,749
KeyCorp		874,798		7,033,376
M&T Bank Corp.		117,498		10,133,028
People’s United Financial, Inc.		343,300		4,353,044
PNC Financial Services Group, Inc.		491,178		26,666,054
Regions Financial Corp.		1,177,945		7,173,685
SunTrust Banks, Inc.		501,716		12,287,025
U.S. Bancorp		1,800,028		46,908,730
Wells Fargo & Co.		4,954,909		138,440,157
Zions Bancorp		154,698		3,387,886

				300,092,727

Capital Goods 8.1%
3M Co.		667,919		58,202,462
Caterpillar, Inc.		597,262		59,003,513
Cummins, Inc.		182,562		19,147,103
Danaher Corp.		507,774		24,936,781
Deere & Co.		404,286		31,740,494
Dover Corp.		174,270		10,538,107
Eaton Corp.		313,078		15,012,090
Emerson Electric Co.		713,815		35,041,178
Fastenal Co.		271,898		9,149,368
Flowserve Corp.		50,100		4,978,938
Fluor Corp.		160,582		10,201,775
General Dynamics Corp.		358,660		24,439,092
General Electric Co.		9,963,752		178,450,798
Goodrich Corp.		114,696		10,912,177
Honeywell International, Inc.		733,229		38,934,460
Illinois Tool Works, Inc.		466,036		23,208,593
Ingersoll-Rand plc		300,000		11,226,000
ITT Corp.		169,678		9,050,625
Jacobs Engineering Group, Inc. *		105,034		4,111,031
Joy Global, Inc.		100,000		9,392,000
L-3 Communications Holdings, Inc.		110,383		8,733,503
Lockheed Martin Corp.		273,691		20,726,619
Masco Corp.		347,388		3,664,943
Northrop Grumman Corp.		283,467		17,152,588
PACCAR, Inc.		343,250		14,694,533
Pall Corp.		107,030		5,306,547
Parker Hannifin Corp.		155,336		12,274,651
Precision Castparts Corp.		129,927		20,967,619
Quanta Services, Inc. *		181,000		3,352,120
Raytheon Co.		353,488		15,811,518
Rockwell Automation, Inc.		132,521		9,509,707
Rockwell Collins, Inc.		147,405		8,120,542
Roper Industries, Inc.		85,000		6,938,550
Snap-on, Inc.		58,282		3,313,915
Stanley Black & Decker, Inc.		148,581		9,772,172
Textron, Inc.		230,904		5,340,810
The Boeing Co.		689,254		48,571,729
Tyco International Ltd.		454,500		20,129,805
United Technologies Corp.		865,135		71,667,783
W.W. Grainger, Inc.		57,927		8,594,629

				902,320,868

Commercial & Professional Supplies 0.5%
Avery Dennison Corp.		103,076		3,252,048
Cintas Corp.		122,876		3,999,613
Equifax, Inc.		119,661		4,111,552
Iron Mountain, Inc.		171,400		5,421,382
Pitney Bowes, Inc.		196,591		4,236,536
R.R. Donnelley & Sons Co.		194,869		3,665,486
Republic Services, Inc.		281,634		8,175,835
Robert Half International, Inc.		123,342		3,377,104
Stericycle, Inc. *		74,600		6,126,152
The Dun & Bradstreet Corp.		40,100		2,909,255
Waste Management, Inc.		454,916		14,325,305

				59,600,268

Consumer Durables & Apparel 1.0%
Coach, Inc.		283,028		18,272,288
D.R. Horton, Inc.		202,516		2,405,890
Fortune Brands, Inc.		138,179		8,319,758

Schwab S&P 500 Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Harman International Industries, Inc.		64,756		2,693,850
Hasbro, Inc.		134,117		5,305,668
Leggett & Platt, Inc.		157,894		3,426,300
Lennar Corp., Class A		151,118		2,673,277
Mattel, Inc.		358,794		9,565,448
Newell Rubbermaid, Inc.		250,050		3,880,776
NIKE, Inc., Class B		361,462		32,585,799
Polo Ralph Lauren Corp.		60,526		8,175,247
PulteGroup, Inc. *		293,286		2,014,875
VF Corp.		80,391		9,389,669
Whirlpool Corp.		76,122		5,269,926

				113,978,771

Consumer Services 2.0%
Apollo Group, Inc., Class A *		109,790		5,580,626
Carnival Corp.		416,421		13,866,819
Chipotle Mexican Grill, Inc. *		29,000		9,412,820
Darden Restaurants, Inc.		128,248		6,514,998
DeVry, Inc.		46,800		2,908,152
H&R Block, Inc.		262,105		3,921,091
International Game Technology		280,660		5,217,469
Marriott International, Inc., Class A		267,172		8,683,090
McDonald’s Corp.		982,538		84,969,886
Starbucks Corp.		714,662		28,650,800
Starwood Hotels & Resorts Worldwide, Inc.		180,068		9,896,537
Wyndham Worldwide Corp.		178,464		6,173,070
Wynn Resorts Ltd.		74,700		11,479,896
Yum! Brands, Inc.		444,985		23,504,108

				220,779,362

Diversified Financials 6.7%
American Express Co.		975,741		48,826,080
Ameriprise Financial, Inc.		238,214		12,887,377
Bank of America Corp.		9,478,911		92,040,226
Bank of New York Mellon Corp.		1,163,073		29,204,763
BlackRock, Inc.		89,000		15,882,940
Capital One Financial Corp.		428,374		20,476,277
Citigroup, Inc.		2,716,547		104,152,412
CME Group, Inc.		63,537		18,374,265
Discover Financial Services		500,773		12,824,797
ETRADE Financial Corp.		195,319		3,101,666
Federated Investors, Inc., Class B (b)		76,906		1,643,481
Franklin Resources, Inc.		139,335		17,689,972
IntercontinentalExchange, Inc. *		67,958		8,379,221
Invesco Ltd.		436,147		9,673,740
Janus Capital Group, Inc.		171,695		1,449,106
JPMorgan Chase & Co.		3,742,231		151,373,244
Legg Mason, Inc.		153,698		4,521,795
Leucadia National Corp.		177,151		5,964,674
Moody’s Corp.		188,529		6,713,518
Morgan Stanley		1,415,454		31,493,852
Northern Trust Corp.		225,818		10,140,357
NYSE Euronext		245,500		8,214,430
SLM Corp.		494,418		7,707,977
State Street Corp.		466,026		19,326,098
T. Rowe Price Group, Inc.		243,179		13,812,567
The Charles Schwab Corp. (a)		935,381		13,965,238
The Goldman Sachs Group, Inc.		487,469		65,793,691
The NASDAQ OMX Group, Inc. *		173,600		4,178,552

				739,812,316

Energy 12.9%
Alpha Natural Resources, Inc. *		196,430		8,389,525
Anadarko Petroleum Corp.		460,909		38,052,647
Apache Corp.		357,906		44,280,130
Baker Hughes, Inc.		400,863		31,018,779
Cabot Oil & Gas Corp.		92,200		6,830,176
Cameron International Corp. *		228,900		12,804,666
Chesapeake Energy Corp.		609,566		20,938,592
Chevron Corp.		1,881,534		195,717,167
ConocoPhillips		1,333,090		95,969,149
CONSOL Energy, Inc.		212,018		11,364,165
Denbury Resources, Inc. *		377,200		7,287,504
Devon Energy Corp.		404,258		31,815,105
Diamond Offshore Drilling, Inc.		65,300		4,429,299
El Paso Corp.		717,471		14,744,029
EOG Resources, Inc.		247,406		25,235,412
EQT Corp.		140,100		8,893,548
Exxon Mobil Corp.		4,629,641		369,399,055
FMC Technologies, Inc. *		230,000		10,488,000
Halliburton Co.		857,068		46,907,332
Helmerich & Payne, Inc.		95,000		6,559,750
Hess Corp.		293,240		20,104,534
Marathon Oil Corp.		670,652		20,770,092
Marathon Petroleum Corp. *		335,326		14,683,925
Murphy Oil Corp.		174,292		11,193,032
Nabors Industries Ltd. *		287,890		7,603,175
National Oilwell Varco, Inc.		401,424		32,342,732
Newfield Exploration Co. *		120,000		8,090,400
Noble Corp.		230,000		8,480,100
Noble Energy, Inc.		160,284		15,977,109
Occidental Petroleum Corp.		759,350		74,552,983
Peabody Energy Corp.		261,564		15,032,083
Pioneer Natural Resources Co.		119,800		11,140,202
QEP Resources, Inc.		162,691		7,130,746
Range Resources Corp.		139,500		9,089,820
Rowan Cos., Inc. *		126,263		4,945,722
Schlumberger Ltd.		1,277,115		115,412,883
Southwestern Energy Co. *		312,100		13,907,176
Spectra Energy Corp.		595,509		16,090,653
Sunoco, Inc.		109,001		4,430,891
Tesoro Corp. *		164,807		4,003,162
The Williams Cos., Inc.		546,298		17,317,647
Valero Energy Corp.		549,440		13,801,933

				1,437,225,030

Food & Staples Retailing 2.3%
Costco Wholesale Corp.		405,892		31,761,049
CVS Caremark Corp.		1,285,351		46,722,509
Safeway, Inc.		355,696		7,174,388
SUPERVALU, Inc.		229,681		1,975,257
Sysco Corp.		544,957		16,670,235
The Kroger Co.		603,247		15,002,753
Wal-Mart Stores, Inc.		1,809,702		95,389,392
Walgreen Co.		866,811		33,840,301

Schwab S&P 500 Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Whole Foods Market, Inc.		139,416		9,299,047

				257,834,931

Food, Beverage & Tobacco 6.0%
Altria Group, Inc.		1,955,891		51,439,933
Archer-Daniels-Midland Co.		600,599		18,246,198
Brown-Forman Corp., Class B		84,728		6,232,592
Campbell Soup Co.		198,711		6,567,399
Coca-Cola Enterprises, Inc.		283,362		7,965,306
ConAgra Foods, Inc.		401,749		10,288,792
Constellation Brands, Inc., Class A *		175,065		3,569,575
Dean Foods Co. *		119,970		1,322,069
Dr Pepper Snapple Group, Inc.		216,800		8,186,368
General Mills, Inc.		606,680		22,659,498
H.J. Heinz Co.		303,643		15,983,768
Hormel Foods Corp.		103,200		2,989,704
Kellogg Co.		234,434		13,076,729
Kraft Foods, Inc., Class A		1,635,154		56,216,595
Lorillard, Inc.		143,597		15,252,873
McCormick & Co., Inc. - Non Voting Shares		132,602		6,451,087
Mead Johnson Nutrition Co.		180,000		12,846,600
Molson Coors Brewing Co., Class B		147,030		6,623,701
PepsiCo, Inc.		1,480,863		94,834,467
Philip Morris International, Inc.		1,675,346		119,234,375
Reynolds American, Inc.		327,596		11,531,379
Sara Lee Corp.		573,042		10,950,833
The Coca-Cola Co.		2,148,728		146,134,991
The Hershey Co.		154,428		8,715,916
The JM Smucker Co.		118,675		9,247,156
Tyson Foods, Inc., Class A		327,690		5,754,236

				672,322,140

Health Care Equipment & Services 4.2%
Aetna, Inc.		372,480		15,454,195
AmerisourceBergen Corp.		271,046		10,383,772
Baxter International, Inc.		544,689		31,684,559
Becton, Dickinson & Co.		214,690		17,950,231
Boston Scientific Corp. *		1,305,674		9,348,626
C.R. Bard, Inc.		84,773		8,365,400
Cardinal Health, Inc.		330,733		14,472,876
CareFusion Corp. *		207,066		5,464,472
Cerner Corp. *		137,400		9,135,726
CIGNA Corp.		252,508		12,567,323
Coventry Health Care, Inc. *		138,985		4,447,520
Covidien plc		447,000		22,703,130
DaVita, Inc. *		90,400		7,552,016
DENTSPLY International, Inc.		112,400		4,258,836
Edwards Lifesciences Corp. *		105,000		7,491,750
Express Scripts, Inc. *		495,972		26,911,441
Humana, Inc.		159,403		11,888,276
Intuitive Surgical, Inc. *		34,400		13,778,920
Laboratory Corp. of America Holdings *		100,891		9,156,867
McKesson Corp.		238,675		19,361,316
Medco Health Solutions, Inc. *		387,382		24,358,580
Medtronic, Inc.		1,011,939		36,480,401
Patterson Cos., Inc.		107,947		3,329,085
Quest Diagnostics, Inc.		136,380		7,365,884
St. Jude Medical, Inc.		319,387		14,851,495
Stryker Corp.		317,640		17,260,558
Tenet Healthcare Corp. *		451,617		2,510,991
UnitedHealth Group, Inc.		1,025,010		50,871,246
Varian Medical Systems, Inc. *		110,706		6,947,909
WellPoint, Inc.		356,129		24,056,514
Zimmer Holdings, Inc. *		194,823		11,693,276

				462,103,191

Household & Personal Products 2.3%
Avon Products, Inc.		391,020		10,256,454
Colgate-Palmolive Co.		459,397		38,763,919
Kimberly-Clark Corp.		383,395		25,058,697
The Clorox Co.		127,857		9,153,283
The Estee Lauder Cos., Inc., Class A		104,026		10,913,368
The Procter & Gamble Co.		2,626,390		161,496,721

				255,642,442

Insurance 3.6%
ACE Ltd.		312,000		20,897,760
Aflac, Inc.		429,773		19,795,344
American International Group, Inc. *		409,577		11,754,860
Aon Corp.		311,450		14,986,974
Assurant, Inc.		89,346		3,182,505
Berkshire Hathaway, Inc., Class B *		1,606,530		119,156,330
Cincinnati Financial Corp.		155,203		4,241,698
Genworth Financial, Inc., Class A *		496,064		4,127,252
Lincoln National Corp.		294,671		7,808,782
Loews Corp.		311,016		12,400,208
Marsh & McLennan Cos., Inc.		485,779		14,325,623
MetLife, Inc.		972,877		40,092,261
Principal Financial Group, Inc.		313,367		8,658,330
Prudential Financial, Inc.		451,431		26,489,971
The Allstate Corp.		502,110		13,918,489
The Chubb Corp.		285,893		17,862,595
The Hartford Financial Services Group, Inc.		413,495		9,684,053
The Progressive Corp.		641,620		12,627,082
The Travelers Cos., Inc.		400,660		22,088,385
Torchmark Corp.		119,711		4,835,127
Unum Group		316,540		7,720,411
XL Group plc		312,199		6,406,323

				403,060,363

Materials 3.6%
Air Products & Chemicals, Inc.		203,601		18,065,517
Airgas, Inc.		76,600		5,262,420
AK Steel Holding Corp.		140,900		1,711,935
Alcoa, Inc.		996,064		14,672,023
Allegheny Technologies, Inc.		92,070		5,357,553
Ball Corp.		180,138		6,989,354
Bemis Co., Inc.		88,735		2,804,026
CF Industries Holdings, Inc.		66,225		10,286,067
Cliffs Natural Resources, Inc.		120,000		10,778,400

Schwab S&P 500 Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
E.I. du Pont de Nemours & Co.		853,204		43,871,750
Eastman Chemical Co.		74,058		7,153,262
Ecolab, Inc.		218,528		10,926,400
FMC Corp.		59,500		5,210,415
Freeport-McMoRan Copper & Gold, Inc.		880,840		46,649,286
International Flavors & Fragrances, Inc.		71,843		4,394,636
International Paper Co.		419,089		12,446,943
MeadWestvaco Corp.		155,750		4,850,055
Monsanto Co.		504,200		37,048,616
Newmont Mining Corp.		457,546		25,444,133
Nucor Corp.		296,100		11,515,329
Owens-Illinois, Inc. *		157,500		3,649,275
PPG Industries, Inc.		153,048		12,886,642
Praxair, Inc.		287,779		29,825,416
Sealed Air Corp.		145,968		3,142,691
Sigma-Aldrich Corp.		116,454		7,814,063
The Dow Chemical Co.		1,079,435		37,639,899
The Sherwin-Williams Co.		88,636		6,840,040
Titanium Metals Corp.		82,800		1,473,012
United States Steel Corp.		134,613		5,383,174
Vulcan Materials Co.		106,571		3,654,320

				397,746,652

Media 3.2%
Cablevision Systems Corp., Class A		220,000		5,359,200
CBS Corp., Class B - Non Voting Shares		633,936		17,350,828
Comcast Corp., Class A		2,583,964		62,066,815
DIRECTV, Class A *		730,502		37,021,841
Discovery Communications, Inc., Class A *		255,000		10,149,000
Gannett Co., Inc.		207,114		2,642,775
News Corp., Class A		2,142,001		34,314,856
Omnicom Group, Inc.		279,747		13,125,729
Scripps Networks Interactive, Class A		91,193		4,225,884
The Interpublic Group of Cos., Inc.		454,565		4,459,283
The McGraw-Hill Cos., Inc.		294,267		12,241,507
The Walt Disney Co.		1,762,583		68,070,956
The Washington Post Co., Class B		5,369		2,159,949
Time Warner Cable, Inc.		323,701		23,730,520
Time Warner, Inc.		1,019,474		35,844,706
Viacom Inc., Class B		556,253		26,933,770

				359,697,619

Pharmaceuticals, Biotechnology & Life Sciences 7.3%
Abbott Laboratories		1,453,886		74,613,429
Agilent Technologies, Inc. *		322,966		13,616,247
Allergan, Inc.		283,958		23,088,625
Amgen, Inc. *		884,359		48,374,437
Biogen Idec, Inc. *		219,591		22,369,735
Bristol-Myers Squibb Co.		1,592,364		45,637,152
Celgene Corp. *		434,613		25,772,551
Cephalon, Inc. *		67,600		5,403,944
Eli Lilly & Co.		941,823		36,071,821
Forest Laboratories, Inc. *		277,864		10,297,640
Gilead Sciences, Inc. *		759,275		32,162,889
Hospira, Inc. *		141,382		7,227,448
Johnson & Johnson		2,566,525		166,285,155
Life Technologies Corp. *		173,435		7,809,778
Merck & Co., Inc.		2,900,114		98,980,891
Mylan, Inc. *		404,751		9,220,228
PerkinElmer, Inc.		105,660		2,584,444
Pfizer, Inc.		7,459,733		143,525,263
Thermo Fisher Scientific, Inc. *		371,337		22,313,640
Waters Corp. *		81,252		7,141,238
Watson Pharmaceuticals, Inc. *		125,746		8,441,329

				810,937,884

Real Estate 1.8%
Apartment Investment & Management Co., Class A		127,314		3,475,672
AvalonBay Communities, Inc.		80,599		10,815,580
Boston Properties, Inc.		133,576		14,340,719
CB Richard Ellis Group, Inc., Class A *		280,140		6,107,052
Equity Residential		275,322		17,020,406
HCP, Inc.		368,500		13,535,005
Health Care REIT, Inc.		165,500		8,735,090
Host Hotels & Resorts, Inc.		637,211		10,099,794
Kimco Realty Corp.		378,159		7,196,366
Plum Creek Timber Co., Inc.		158,777		6,068,457
ProLogis, Inc.		391,389		13,945,190
Public Storage		130,878		15,656,935
Simon Property Group, Inc.		278,153		33,520,218
Ventas, Inc.		270,300		14,631,339
Vornado Realty Trust		153,056		14,318,389
Weyerhaeuser Co.		494,240		9,879,858

				199,346,070

Retailing 3.8%
Abercrombie & Fitch Co., Class A		91,645		6,701,082
Amazon.com, Inc. *		333,190		74,141,439
AutoNation, Inc. (b)*		64,533		2,427,086
AutoZone, Inc. *		27,098		7,735,124
Bed Bath & Beyond, Inc. *		242,369		14,176,163
Best Buy Co., Inc.		328,157		9,057,133
Big Lots, Inc. *		72,567		2,527,509
CarMax, Inc. *		200,000		6,394,000
Expedia, Inc.		190,226		6,028,262
Family Dollar Stores, Inc.		124,230		6,597,855
GameStop Corp., Class A *		146,800		3,461,544
Genuine Parts Co.		142,838		7,593,268
J.C. Penney Co., Inc.		207,121		6,371,042
Kohl’s Corp.		275,510		15,073,152
Limited Brands, Inc.		249,435		9,443,609
Lowe’s Cos., Inc.		1,244,688		26,860,367
Macy’s, Inc.		399,926		11,545,864
Netflix, Inc. *		40,000		10,639,600
Nordstrom, Inc.		169,996		8,526,999
O’Reilly Automotive, Inc. *		121,200		7,211,400
Priceline.com, Inc. *		45,900		24,678,135
Ross Stores, Inc.		115,000		8,713,550
Sears Holdings Corp. (b)*		44,826		3,123,028
Staples, Inc.		653,469		10,494,712

Schwab S&P 500 Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Target Corp.		658,408		33,901,428
The Gap, Inc.		388,062		7,485,716
The Home Depot, Inc.		1,506,050		52,606,326
The TJX Cos., Inc.		375,453		20,762,551
Tiffany & Co.		129,028		10,269,339
Urban Outfitters, Inc. *		90,000		2,928,600

				417,475,883

Semiconductors & Semiconductor Equipment 2.4%
Advanced Micro Devices, Inc. *		484,339		3,555,048
Altera Corp.		301,746		12,335,377
Analog Devices, Inc.		296,254		10,191,138
Applied Materials, Inc.		1,215,472		14,974,615
Broadcom Corp., Class A *		435,018		16,126,117
First Solar, Inc. (b)*		47,800		5,651,394
Intel Corp.		5,012,005		111,918,072
KLA-Tencor Corp.		160,681		6,398,317
Linear Technology Corp.		214,968		6,298,562
LSI Corp. *		573,376		4,220,047
MEMC Electronic Materials, Inc. *		164,927		1,223,758
Microchip Technology, Inc.		161,223		5,441,276
Micron Technology, Inc. *		756,775		5,577,432
National Semiconductor Corp.		214,375		5,299,350
Novellus Systems, Inc. *		101,311		3,144,694
NVIDIA Corp. *		523,282		7,236,990
Teradyne, Inc. *		168,449		2,272,377
Texas Instruments, Inc.		1,120,654		33,339,457
Xilinx, Inc.		269,163		8,640,132

				263,844,153

Software & Services 9.2%
Accenture plc, Class A		610,000		36,075,400
Adobe Systems, Inc. *		501,976		13,914,775
Akamai Technologies, Inc. *		169,341		4,101,439
Autodesk, Inc. *		187,681		6,456,226
Automatic Data Processing, Inc.		476,173		24,518,148
BMC Software, Inc. *		186,239		8,049,250
CA, Inc.		370,925		8,271,628
Citrix Systems, Inc. *		160,708		11,577,404
Cognizant Technology Solutions Corp., Class A *		281,348		19,657,785
Computer Sciences Corp.		144,040		5,081,731
Compuware Corp. *		278,185		2,687,267
eBay, Inc. *		1,065,169		34,884,285
Electronic Arts, Inc. *		305,892		6,806,097
Fidelity National Information Services, Inc.		268,634		8,064,393
Fiserv, Inc. *		150,352		9,075,247
Google, Inc., Class A *		235,862		142,387,531
International Business Machines Corp.		1,139,590		207,234,441
Intuit, Inc. *		272,809		12,740,180
MasterCard, Inc., Class A		88,000		26,686,000
Microsoft Corp.		6,995,831		191,685,769
Monster Worldwide, Inc. *		89,138		1,046,480
Oracle Corp.		3,659,486		111,907,082
Paychex, Inc.		305,065		8,611,985
Red Hat, Inc. *		157,500		6,627,600
SAIC, Inc. *		212,000		3,398,360
Salesforce.com, Inc. *		102,071		14,770,694
Symantec Corp. *		743,450		14,170,157
Teradata Corp. *		161,371		8,868,950
Total System Services, Inc.		177,100		3,295,831
VeriSign, Inc.		180,525		5,634,185
Visa, Inc., Class A		450,100		38,501,554
Western Union Co.		630,625		12,240,431
Yahoo!, Inc. *		1,162,255		15,225,541

				1,024,253,846

Technology Hardware & Equipment 7.1%
Amphenol Corp., Class A		161,800		7,910,402
Apple, Inc. *		869,440		339,498,931
Cisco Systems, Inc.		5,221,128		83,381,414
Corning, Inc.		1,450,987		23,085,203
Dell, Inc. *		1,577,085		25,611,860
EMC Corp. *		1,949,545		50,844,134
F5 Networks, Inc. *		74,000		6,917,520
FLIR Systems, Inc.		129,500		3,556,070
Harris Corp.		129,300		5,155,191
Hewlett-Packard Co.		1,959,508		68,896,301
Jabil Circuit, Inc.		170,686		3,125,261
JDS Uniphase Corp. *		191,981		2,524,550
Juniper Networks, Inc. *		491,565		11,497,705
Lexmark International, Inc., Class A *		83,508		2,803,364
Molex, Inc.		126,666		2,974,118
Motorola Mobility Holdings, Inc. *		266,281		5,959,369
Motorola Solutions, Inc. *		304,322		13,661,014
NetApp, Inc. *		332,174		15,784,908
QUALCOMM, Inc.		1,542,065		84,474,321
SanDisk Corp. *		218,124		9,276,814
Tellabs, Inc.		436,856		1,808,584
Western Digital Corp. *		206,000		7,098,760
Xerox Corp.		1,284,866		11,987,800

				787,833,594

Telecommunication Services 2.9%
American Tower Corp., Class A *		368,100		19,336,293
AT&T, Inc.		5,540,736		162,121,935
CenturyLink, Inc.		562,543		20,875,971
Frontier Communications Corp.		937,945		7,025,208
MetroPCS Communications, Inc. *		243,900		3,970,692
Sprint Nextel Corp. *		2,882,208		12,191,740
Verizon Communications, Inc.		2,648,178		93,454,201
Windstream Corp.		473,774		5,784,781

				324,760,821

Transportation 2.0%
C.H. Robinson Worldwide, Inc.		155,995		11,279,998
CSX Corp.		1,057,891		25,992,382
Expeditors International of Washington, Inc.		199,300		9,510,596
FedEx Corp.		291,868		25,357,492
Norfolk Southern Corp.		338,892		25,654,124
Ryder System, Inc.		60,702		3,418,737
Southwest Airlines Co.		697,736		6,949,451
Union Pacific Corp.		458,375		46,974,270

Schwab S&P 500 Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
United Parcel Service, Inc., Class B		923,318		63,912,072

				219,049,122

Utilities 3.4%
Ameren Corp.		217,420		6,266,044
American Electric Power Co., Inc.		445,802		16,432,262
CenterPoint Energy, Inc.		375,466		7,351,624
CMS Energy Corp.		237,984		4,555,014
Consolidated Edison, Inc.		271,565		14,284,319
Constellation Energy Group, Inc.		182,265		7,077,350
Dominion Resources, Inc.		551,564		26,723,276
DTE Energy Co.		153,312		7,641,070
Duke Energy Corp.		1,234,298		22,957,943
Edison International		306,093		11,652,961
Entergy Corp.		173,453		11,586,660
Exelon Corp.		615,890		27,142,272
FirstEnergy Corp.		390,694		17,444,487
Integrys Energy Group, Inc.		71,494		3,589,714
NextEra Energy, Inc.		394,238		21,781,649
Nicor, Inc.		34,408		1,882,118
NiSource, Inc.		256,762		5,168,619
Northeast Utilities		163,700		5,565,800
NRG Energy, Inc. *		240,000		5,884,800
ONEOK, Inc.		100,200		7,293,558
Pepco Holdings, Inc.		205,700		3,842,476
PG&E Corp.		371,106		15,374,922
Pinnacle West Capital Corp.		94,461		4,000,423
PPL Corp.		528,970		14,758,263
Progress Energy, Inc.		280,959		13,132,024
Public Service Enterprise Group, Inc.		472,170		15,463,567
SCANA Corp.		113,900		4,463,741
Sempra Energy		240,269		12,179,236
Southern Co.		791,925		31,312,714
TECO Energy, Inc.		194,819		3,609,996
The AES Corp. *		623,349		7,673,426
Wisconsin Energy Corp.		218,600		6,700,090
Xcel Energy, Inc.		448,186		10,756,464

				375,548,882

Total Common Stock
(Cost $8,802,154,082)				11,084,888,429



End of Investments.



Collateral Invested for Securities on Loan 0.1% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		12,444,957		12,444,957

Total Collateral Invested for Securities on Loan
(Cost $12,444,957)				12,444,957



End of Collateral Invested for Securities on Loan.

At 07/31/11 tax basis cost of the fund’s investments was $8,852,200,028 and the unrealized appreciation and depreciation were $3,462,306,622 and ($1,229,618,221), respectively, with a net unrealized appreciation of $2,232,688,401.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.
(b)		All or a portion of this security is on loan.


REIT —		Real Estate Investment Trust

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Losses

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

360

23,191,200

(67,080

)


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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. As investments whose values are classified as Level 2 prices include positions

Schwab S&P 500 Index Fund

Portfolio Holdings (Unaudited) continued


		that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.


	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Assets Valuation Input


	Quoted Prices in					Significant
	Active Markets for			Significant Other		Unobservable
	Identical Assets			Observable Inputs		Inputs
Description	(Level 1)			(Level 2)		(Level 3)		Total

Common Stock(a)		$11,084,888,429			$—		$—		$11,084,888,429

Total		$11,084,888,429			$—		$—		$11,084,888,429

Other Financial Instruments
Collateral Invested for Securities on Loan		$12,444,957			$—		$—		$12,444,957


Liabilities Valuation Input


Other Financial Instruments
Futures Contracts*		($67,080	)		$—		$—		($67,080	)


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

On July 31, 2011, the fund had open equity index futures contracts (“futures”). The fund invests in futures to gain market exposure while still keeping a small portion of assets in cash for business operations. The primary risk associated with investing in futures contracts is market risk.

REG46816JUL11

Schwab Capital Trust
Schwab Small-Cap Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	98	.9%	Common Stock		1,343,174,781		1,587,172,453
	0	.0%	Rights		—		—
	0	.7%	Short-Term Investment		10,353,677		10,353,677


	99	.6%	Total Investments		1,353,528,458		1,597,526,130
	2	.4%	Collateral Invested for Securities on Loan		39,033,176		39,033,176
	(2	.0)%	Other Assets and Liabilities, Net				(32,134,250	)


	100	.0%	Net Assets				1,604,425,056


	Number		Value
Security	of Shares		($)

Common Stock 98.9% of net assets

Automobiles & Components 0.6%
American Axle & Manufacturing Holdings, Inc. *		107,400		1,231,878
Cooper Tire & Rubber Co.		107,723		1,816,210
Dorman Products, Inc. *		23,300		832,509
Drew Industries, Inc.		33,200		707,160
Exide Technologies *		134,600		963,736
Fuel Systems Solutions, Inc. *		27,600		586,224
Modine Manufacturing Co. *		81,000		1,207,710
Superior Industries International, Inc.		42,700		864,248
Thor Industries, Inc.		73,800		1,825,074

				10,034,749

Banks 6.0%
1st Source Corp.		19,921		459,179
Astoria Financial Corp.		155,200		1,808,080
BancFirst Corp.		9,216		351,498
BancorpSouth, Inc.		127,700		1,729,058
Bank of the Ozarks, Inc.		22,300		1,158,485
Beneficial Mutual Bancorp, Inc. *		60,203		471,389
Boston Private Financial Holdings, Inc.		133,200		923,076
Brookline Bancorp, Inc.		102,992		880,582
Capitol Federal Financial, Inc.		87,400		999,856
Cathay General Bancorp		145,022		2,010,005
Chemical Financial Corp.		46,903		889,750
City Holding Co.		26,300		822,401
Columbia Banking System, Inc.		71,800		1,264,398
Community Bank System, Inc.		60,200		1,514,632
Community Trust Bancorp, Inc.		26,500		718,680
CVB Financial Corp.		156,319		1,514,731
Dime Community Bancshares		44,400		623,820
F.N.B. Corp.		222,137		2,221,370
First Commonwealth Financial Corp.		176,656		908,012
First Financial Bancorp		100,989		1,616,834
First Financial Bankshares, Inc. (c)		54,331		1,751,088
First Interstate BancSystem, Inc.		33,500		448,230
First Midwest Bancorp, Inc.		130,963		1,561,079
Flagstar Bancorp, Inc. *		336,700		245,825
Glacier Bancorp, Inc.		130,811		1,718,856
Hancock Holding Co.		147,149		4,848,559
Home Bancshares, Inc.		39,490		930,779
IBERIABANK Corp.		45,800		2,334,426
Independent Bank Corp.		38,500		1,022,175
International Bancshares Corp.		95,400		1,604,628
Investors Bancorp, Inc. *		86,400		1,195,776
Kearny Financial Corp.		29,200		273,604
MB Financial, Inc.		93,024		1,878,155
MGIC Investment Corp. *		302,400		1,203,552
National Penn Bancshares, Inc.		215,078		1,729,227
NBT Bancorp, Inc.		59,985		1,322,069
Northfield Bancorp, Inc.		33,300		456,210
Northwest Bancshares, Inc.		186,709		2,294,654
Ocwen Financial Corp. *		152,000		1,959,280
Old National Bancorp		160,383		1,635,907
Oriental Financial Group, Inc.		80,500		999,810
Oritani Financial Corp.		97,750		1,264,885
PacWest Bancorp		54,816		1,088,098
Park National Corp.		20,953		1,291,543
Pinnacle Financial Partners, Inc. *		60,632		924,638
PrivateBancorp, Inc.		107,676		1,269,500
Prosperity Bancshares, Inc.		81,100		3,368,083
Provident Financial Services, Inc.		94,551		1,310,477
Radian Group, Inc.		242,300		768,091
S&T Bancorp, Inc.		43,681		830,813
Signature Bank *		70,609		4,177,228
Simmons First National Corp., Class A		27,600		666,816
Susquehanna Bancshares, Inc.		243,608		1,834,368
Texas Capital Bancshares, Inc. *		63,900		1,746,387
The PMI Group, Inc. *		280,200		280,200
TrustCo Bank Corp. NY		131,602		608,001
Trustmark Corp.		102,477		2,232,974
UMB Financial Corp.		52,000		2,158,000
Umpqua Holdings Corp.		213,195		2,421,895
United Bankshares, Inc.		72,322		1,725,603
Washington Federal, Inc.		195,700		3,309,287
Webster Financial Corp.		127,400		2,601,508
WesBanco, Inc.		46,698		959,644
Westamerica Bancorp		50,600		2,374,658
Western Alliance Bancorp *		121,900		856,957
Wintrust Financial Corp.		60,955		2,083,442

				96,452,821

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Capital Goods 10.1%
3D Systems Corp. *		71,300		1,526,533
A.O. Smith Corp.		58,195		2,413,347
A123 Systems, Inc. (c)*		172,000		882,360
AAON, Inc.		34,650		785,862
AAR CORP.		71,597		2,100,656
Actuant Corp., Class A		118,548		2,929,321
Aerovironment, Inc. *		24,400		703,452
Aircastle Ltd.		80,100		917,145
Albany International Corp., Class A		48,200		1,280,674
Altra Holdings, Inc. *		46,500		1,034,160
American Science & Engineering, Inc.		15,700		1,273,741
American Superconductor Corp. *		77,500		567,300
Ameron International Corp.		15,500		1,318,895
Applied Industrial Technologies, Inc.		68,466		2,185,435
Astec Industries, Inc. *		35,595		1,335,524
AZZ, Inc.		22,600		1,130,678
Badger Meter, Inc.		24,303		886,816
Barnes Group, Inc.		76,840		1,871,054
Beacon Roofing Supply, Inc. *		79,382		1,697,187
Belden, Inc.		83,200		3,065,920
Blount International, Inc. *		83,662		1,391,299
Brady Corp., Class A		92,429		2,735,898
Briggs & Stratton Corp.		87,493		1,499,630
Cascade Corp.		16,000		799,840
Ceradyne, Inc. *		43,612		1,413,465
Chart Industries, Inc. *		51,200		2,716,672
CIRCOR International, Inc.		28,200		1,219,650
Colfax Corp. *		60,400		1,635,028
Comfort Systems USA, Inc.		70,700		738,108
Commercial Vehicle Group, Inc. *		40,200		426,120
Cubic Corp.		28,515		1,384,118
Curtiss-Wright Corp.		83,400		2,665,464
DigitalGlobe, Inc. *		80,000		2,089,600
Dycom Industries, Inc. *		61,100		1,041,144
EMCOR Group, Inc. *		115,500		3,224,760
Encore Wire Corp.		31,541		694,217
Ener1, Inc. *		158,400		136,224
EnerSys *		87,678		2,803,942
EnPro Industries, Inc. *		36,200		1,673,888
ESCO Technologies, Inc.		48,669		1,687,841
Franklin Electric Co., Inc.		32,718		1,428,141
GATX Corp.		80,700		3,182,001
Generac Holdings, Inc. *		44,600		827,330
General Cable Corp. *		95,500		3,798,035
GeoEye, Inc. *		38,400		1,534,464
Granite Construction, Inc.		61,900		1,447,222
Great Lakes Dredge & Dock Co.		102,100		607,495
Griffon Corp. *		77,421		731,628
HEICO Corp.		73,056		3,817,907
Hexcel Corp. *		171,083		4,095,727
II-VI, Inc. *		88,400		2,212,652
Insituform Technologies, Inc., Class A *		71,500		1,433,575
Interline Brands, Inc. *		57,534		962,544
John Bean Technologies Corp.		49,900		881,234
Kaman Corp.		46,549		1,658,075
Kaydon Corp.		59,535		2,122,423
Layne Christensen Co. *		33,911		993,931
Lindsay Corp.		22,200		1,405,260
MasTec, Inc. *		97,573		2,037,324
Meritor, Inc. *		163,700		2,209,950
Moog, Inc., Class A *		79,700		3,263,715
Mueller Industries, Inc.		65,824		2,470,375
Mueller Water Products, Inc., Class A		283,100		925,737
NACCO Industries, Inc., Class A		10,777		979,414
National Presto Industries, Inc.		8,600		874,964
Orbital Sciences Corp. *		100,836		1,746,480
Polypore International, Inc. *		43,900		2,985,200
Powell Industries, Inc. *		16,000		616,640
Quanex Building Products Corp.		67,404		1,056,221
Raven Industries, Inc.		31,500		1,664,145
RBC Bearings, Inc. *		37,300		1,416,281
Robbins & Myers, Inc.		83,000		4,003,920
RSC Holdings, Inc. *		104,400		1,246,536
Rush Enterprises, Inc., Class A *		58,987		1,179,150
Satcon Technology Corp. (c)*		200,900		377,692
Sauer-Danfoss, Inc. *		20,200		959,500
Simpson Manufacturing Co., Inc.		70,694		2,000,640
Sun Hydraulics Corp.		44,250		1,261,568
TAL International Group, Inc.		39,100		1,209,754
Teledyne Technologies, Inc. *		67,200		3,644,256
Tennant Co.		35,700		1,528,317
The Gorman-Rupp Co.		26,625		867,443
The Greenbrier Cos., Inc. *		43,300		871,196
The Manitowoc Co., Inc.		233,200		3,262,468
The Middleby Corp. *		33,052		2,792,233
The Toro Co.		55,135		2,967,917
Titan International, Inc.		73,600		1,859,872
Tredegar Corp.		39,900		760,494
TriMas Corp. *		48,600		1,164,942
Tutor Perini Corp.		44,230		697,949
United Rentals, Inc. *		106,500		2,450,565
Universal Forest Products, Inc.		35,562		1,048,012
USG Corp. (c)*		149,400		1,700,172
Vicor Corp. *		34,100		479,787
Wabash National Corp. *		118,800		892,188
Watsco, Inc.		50,400		2,982,672
Watts Water Technologies, Inc., Class A		50,907		1,706,912

				161,185,213

Commercial & Professional Supplies 4.2%
ABM Industries, Inc.		81,709		1,838,452
Acacia Research *		66,200		2,841,304
Acco Brands Corp. *		100,400		860,428
Consolidated Graphics, Inc. *		17,100		882,189
CoStar Group, Inc. *		42,583		2,502,177
Deluxe Corp.		92,646		2,180,887
EnergySolutions, Inc.		136,500		690,690
EnerNOC, Inc. (c)*		31,200		522,288
Exponent, Inc. *		25,300		1,057,793
FTI Consulting, Inc. *		80,800		2,932,232
G & K Services, Inc., Class A		32,530		1,108,297
Healthcare Services Group, Inc.		119,925		1,881,623
Heidrick & Struggles International, Inc.		30,500		811,300
Herman Miller, Inc.		106,100		2,441,361
Higher One Holdings, Inc. *		17,400		345,390

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
HNI Corp.		78,700		1,645,617
Huron Consulting Group, Inc. *		37,500		1,213,875
ICF International, Inc. *		33,700		787,232
Insperity, Inc.		42,810		1,250,908
Interface, Inc., Class A		111,800		1,791,036
KAR Auction Services, Inc. *		58,800		1,045,464
Kelly Services, Inc., Class A *		51,223		801,640
Kforce, Inc. *		59,400		818,532
Knoll, Inc.		86,303		1,575,030
Korn/Ferry International *		78,461		1,690,050
M&F Worldwide Corp. *		19,070		477,894
McGrath Rentcorp		39,398		1,025,530
Mine Safety Appliances Co.		55,589		1,896,697
Mobile Mini, Inc. *		74,168		1,565,686
Navigant Consulting, Inc. *		91,948		1,082,228
Quad Graphics, Inc.		71,200		2,396,592
Resources Connection, Inc.		79,350		1,033,137
Schawk, Inc.		17,700		279,483
SFN Group, Inc. *		92,000		1,280,640
Steelcase, Inc., Class A		153,442		1,523,679
Sykes Enterprises, Inc. *		70,893		1,368,235
Team, Inc. *		33,000		882,750
Tetra Tech, Inc. *		108,700		2,391,400
The Advisory Board Co. *		27,176		1,455,003
The Brink’s Co.		80,700		2,408,088
The Corporate Executive Board Co.		59,600		2,422,740
The Geo Group, Inc. *		111,500		2,319,200
TrueBlue, Inc. *		80,576		1,209,446
UniFirst Corp.		26,335		1,444,475
United Stationers, Inc.		81,134		2,603,590
Viad Corp.		33,896		702,664

				67,284,952

Consumer Durables & Apparel 2.8%
American Greetings Corp., Class A		76,311		1,691,815
Brunswick Corp.		154,200		3,366,186
Callaway Golf Co.		108,369		688,143
Carter’s, Inc. *		99,814		3,343,769
Crocs, Inc. *		155,700		4,878,081
Eastman Kodak Co. (c)*		467,500		1,122,000
Ethan Allen Interiors, Inc.		49,979		919,614
G-III Apparel Group Ltd. *		26,600		821,142
Helen of Troy Ltd. *		54,100		1,744,725
Iconix Brand Group, Inc. *		127,900		2,983,907
iRobot Corp. *		39,800		1,391,408
JAKKS Pacific, Inc. *		48,000		837,600
KB HOME		125,500		1,065,495
M.D.C. Holdings, Inc.		65,600		1,483,216
Maidenform Brands, Inc. *		40,700		1,052,095
Meritage Homes Corp. *		59,885		1,308,487
Quiksilver, Inc. *		225,200		1,184,552
Skechers U.S.A., Inc., Class A *		61,478		1,023,609
Standard Pacific Corp. *		179,000		511,940
Steven Madden Ltd. *		61,200		2,331,720
The Jones Group, Inc.		157,100		2,032,874
The Ryland Group, Inc.		76,500		1,126,845
The Timberland Co., Class A *		69,160		2,959,356
True Religion Apparel, Inc. *		46,600		1,569,954
Wolverine World Wide, Inc.		86,736		3,284,692

				44,723,225

Consumer Services 5.0%
American Public Education, Inc. *		33,500		1,526,595
Ameristar Casinos, Inc.		43,975		976,245
Biglari Holdings, Inc. *		2,600		957,242
BJ’s Restaurants, Inc. *		38,900		1,803,793
Bob Evans Farms, Inc.		51,646		1,783,853
Boyd Gaming Corp. *		93,600		818,064
Bridgepoint Education, Inc. (c)*		33,300		824,508
Brinker International, Inc.		169,500		4,071,390
Buffalo Wild Wings, Inc. *		31,900		2,026,607
Capella Education Co. *		28,800		1,231,200
Career Education Corp. *		114,400		2,595,736
CEC Entertainment, Inc.		35,738		1,383,061
Churchill Downs, Inc.		20,261		890,066
Coinstar, Inc. (c)*		58,100		2,838,766
Corinthian Colleges, Inc. (c)*		161,100		670,176
Cracker Barrel Old Country Store, Inc.		42,053		1,897,011
DineEquity, Inc. *		27,800		1,448,380
Domino’s Pizza, Inc. *		89,779		2,412,362
Gaylord Entertainment Co. *		82,035		2,406,907
Grand Canyon Education, Inc. *		50,900		783,351
Hillenbrand, Inc.		106,000		2,320,340
International Speedway Corp., Class A		50,400		1,409,688
Interval Leisure Group, Inc. *		72,800		935,480
Jack in the Box, Inc. *		91,988		2,089,967
K12, Inc. *		54,500		1,748,360
Krispy Kreme Doughnuts, Inc. *		117,300		959,514
LIFE TIME FITNESS, Inc. *		71,877		3,001,583
Matthews International Corp., Class A		50,984		1,845,111
Orient-Express Hotels Ltd., Class A *		163,400		1,616,026
P.F. Chang’s China Bistro, Inc.		40,742		1,341,634
Papa John’s International, Inc. *		34,955		1,090,946
Peet’s Coffee & Tea, Inc. *		23,900		1,395,760
Pinnacle Entertainment, Inc. *		107,285		1,548,122
Regis Corp.		94,849		1,408,508
Ruby Tuesday, Inc. *		118,600		1,078,074
Scientific Games Corp., Class A *		103,000		941,420
Shuffle Master, Inc. *		98,600		918,952
Six Flags Entertainment Corp.		100,000		3,521,000
Sonic Corp. *		99,229		1,061,750
Speedway Motorsports, Inc.		21,584		293,542
Steiner Leisure Ltd. *		25,809		1,254,834
Stewart Enterprises, Inc., Class A		144,000		1,000,800
Strayer Education, Inc.		23,600		2,870,940
Texas Roadhouse, Inc.		101,096		1,670,106
The Cheesecake Factory, Inc. *		103,000		2,969,490
The Wendy’s Co.		559,600		2,949,092
Universal Technical Institute, Inc. *		38,600		667,780
Vail Resorts, Inc.		62,571		2,862,623

				80,116,755

Diversified Financials 2.6%
BGC Partners, Inc., Class A		117,000		958,230
BlackRock Kelso Capital Corp.		91,300		787,919
Cash America International, Inc.		53,170		2,975,393
Cohen & Steers, Inc.		30,628		1,210,725

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Credit Acceptance Corp. *		16,500		1,308,615
Dollar Financial Corp. *		78,800		1,702,868
Duff & Phelps Corp., Class A		51,300		584,307
Encore Capital Group, Inc. *		24,700		675,545
Evercore Partners, Inc., Class A		31,200		887,016
EZCORP, Inc., Class A *		89,500		2,978,560
Fifth Street Finance Corp.		116,300		1,223,476
Financial Engines, Inc. *		48,200		1,145,232
First Cash Financial Services, Inc. *		55,100		2,384,177
GAMCO Investors, Inc., Class A		8,700		420,819
GFI Group, Inc.		119,868		544,201
Interactive Brokers Group, Inc., Class A		72,700		1,100,678
Investment Technology Group, Inc. *		71,265		867,295
KBW, Inc.		47,000		803,700
Knight Capital Group, Inc., Class A *		171,400		1,938,534
MarketAxess Holdings, Inc.		65,260		1,705,244
MCG Capital Corp.		136,200		758,634
MF Global Holdings Ltd. *		283,600		2,090,132
Nelnet, Inc., Class A		35,600		717,696
NewStar Financial, Inc. *		46,600		495,824
optionsXpress Holdings, Inc.		78,547		1,186,059
PHH Corp. *		99,363		1,864,050
PICO Holdings, Inc. *		41,600		1,136,096
Piper Jaffray Cos., Inc. *		29,439		867,862
Portfolio Recovery Associates, Inc. *		29,643		2,399,008
Prospect Capital Corp.		188,900		1,756,770
World Acceptance Corp. *		27,200		1,733,184

				41,207,849

Energy 6.0%
Apco Oil & Gas International, Inc.		15,900		1,401,426
Approach Resources, Inc. *		47,400		1,230,504
ATP Oil & Gas Corp. (c)*		70,100		1,015,749
Basic Energy Services, Inc. *		45,500		1,473,745
Bill Barrett Corp. *		81,900		4,075,344
BPZ Resources, Inc. (c)*		179,900		651,238
Bristow Group, Inc.		67,087		3,252,378
Cal Dive International, Inc. *		163,800		914,004
Carrizo Oil & Gas, Inc. *		66,800		2,565,120
Clayton Williams Energy, Inc. *		11,000		729,520
Clean Energy Fuels Corp. (c)*		81,700		1,308,017
Cloud Peak Energy, Inc. *		106,500		2,374,950
Comstock Resources, Inc. *		82,300		2,625,370
Contango Oil & Gas Co. *		23,200		1,463,456
CVR Energy, Inc. *		55,500		1,490,175
Energy Partners Ltd. *		62,700		1,066,527
Energy XXI (Bermuda) Ltd. *		130,700		4,288,267
Exterran Holdings, Inc. *		108,100		1,997,688
GeoResources, Inc. *		30,800		786,016
Global Industries Ltd. *		174,282		894,067
Goodrich Petroleum Corp. (c)*		44,700		886,401
GulfMark Offshore, Inc., Class A *		44,800		2,183,552
Gulfport Energy Corp. *		65,100		2,373,546
Helix Energy Solutions Group, Inc. *		194,300		3,804,394
Hornbeck Offshore Services, Inc. *		40,445		1,125,989
Houston American Energy Corp. (c)		28,600		470,756
Hyperdynamics Corp. (c)*		271,400		1,438,420
ION Geophysical Corp. *		268,900		2,726,646
James River Coal Co. *		62,100		1,177,416
Key Energy Services, Inc. *		219,900		4,285,851
Knightsbridge Tankers Ltd. (c)		41,400		852,426
Lufkin Industries, Inc.		55,090		4,488,733
Magnum Hunter Resources Corp. *		197,000		1,414,460
Newpark Resources, Inc. *		157,210		1,460,481
Nordic American Tanker Shipping Ltd. (c)		83,000		1,699,840
Northern Oil & Gas, Inc. (c)*		101,300		2,242,782
Overseas Shipholding Group, Inc. (c)		47,800		1,163,452
OYO Geospace Corp. *		7,600		770,868
Parker Drilling Co. *		203,165		1,288,066
Penn Virginia Corp.		73,678		966,655
Petroleum Development Corp. *		40,703		1,478,333
PetroQuest Energy, Inc. *		97,000		788,610
Pioneer Drilling Co. *		99,600		1,620,492
Rex Energy Corp. *		54,300		601,101
Rosetta Resources, Inc. *		91,700		4,747,309
SemGroup Corp. *		72,200		1,680,816
Stone Energy Corp. *		89,868		2,917,115
Swift Energy Co. *		73,401		2,796,578
TETRA Technologies, Inc. *		135,774		1,747,411
USEC, Inc. *		184,023		627,518
Vantage Drilling Co. *		341,800		557,134
Venoco, Inc. *		38,600		490,606
W&T Offshore, Inc.		63,200		1,712,720
Western Refining, Inc. *		87,522		1,788,075
Willbros Group, Inc. *		83,200		765,440

				96,743,553

Food & Staples Retailing 1.2%
Casey’s General Stores, Inc.		65,800		2,961,000
Ingles Markets, Inc., Class A		23,631		363,917
Nash Finch Co.		22,900		819,820
PriceSmart, Inc.		29,900		1,749,748
Rite Aid Corp. *		1,051,400		1,366,820
Ruddick Corp.		75,100		3,146,690
SUPERVALU, Inc.		368,900		3,172,540
The Andersons, Inc.		34,500		1,418,295
United Natural Foods, Inc. *		83,782		3,497,899
Weis Markets, Inc.		20,000		803,800

				19,300,529

Food, Beverage & Tobacco 2.2%
B&G Foods, Inc.		87,100		1,636,609
Cal-Maine Foods, Inc. (c)		22,300		753,963
Central European Distribution Corp. *		106,900		1,034,792
Chiquita Brands International, Inc. *		79,302		938,936
Coca-Cola Bottling Co.		3,700		238,724
Darling International, Inc. *		204,100		3,445,208
Dean Foods Co. *		316,800		3,491,136
Diamond Foods, Inc.		39,000		2,792,010

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Dole Food Co., Inc. (c)*		65,900		935,121
Fresh Del Monte Produce, Inc.		70,300		1,723,053
J & J Snack Foods Corp.		24,900		1,287,081
Lancaster Colony Corp.		33,400		2,008,342
National Beverage Corp.		18,401		271,967
Pilgrim’s Pride Corp. *		134,100		643,680
Sanderson Farms, Inc.		35,700		1,650,054
Snyders-Lance, Inc.		80,400		1,640,964
The Boston Beer Co., Inc., Class A *		15,300		1,379,295
The Hain Celestial Group, Inc. *		75,531		2,441,917
Tootsie Roll Industries, Inc.		42,895		1,203,205
TreeHouse Foods, Inc. *		63,600		3,284,304
Universal Corp.		40,945		1,503,500
Vector Group Ltd. (c)		97,182		1,701,657

				36,005,518

Health Care Equipment & Services 7.4%
Abaxis, Inc. *		40,500		960,660
Accretive Health, Inc. (c)*		49,800		1,495,992
Air Methods Corp. *		20,100		1,409,010
Align Technology, Inc. *		120,000		2,638,800
Amedisys, Inc. *		51,800		1,339,548
AmSurg Corp. *		55,300		1,406,279
Analogic Corp.		22,254		1,197,043
ArthroCare Corp. *		47,800		1,579,790
athenahealth, Inc. *		61,000		3,586,190
Bio-Reference Laboratories, Inc. *		41,400		825,516
Catalyst Health Solutions, Inc. *		90,100		5,904,253
Centene Corp. *		88,092		2,890,298
Chemed Corp.		40,100		2,438,481
Computer Programs & Systems, Inc.		18,800		1,379,920
CONMED Corp. *		51,500		1,339,000
CorVel Corp. *		9,900		456,885
Cyberonics, Inc. *		42,800		1,161,592
Dexcom, Inc. *		117,000		1,659,060
Emdeon, Inc., Class A *		42,200		654,100
Emeritus Corp. *		47,800		939,270
Ensign Group, Inc.		22,800		647,520
Gentiva Health Services, Inc. *		53,896		969,589
Greatbatch, Inc. *		41,000		1,021,720
Haemonetics Corp. *		44,600		2,921,300
Hanger Orthopedic Group, Inc. *		58,300		1,224,883
Healthspring, Inc. *		118,244		4,852,734
HeartWare International, Inc. *		12,400		823,856
HMS Holdings Corp. *		49,300		3,727,080
ICU Medical, Inc. *		20,800		883,584
Immucor, Inc. *		129,400		3,429,100
Insulet Corp. *		80,800		1,588,528
Integra LifeSciences Holdings *		38,348		1,728,344
Invacare Corp.		56,911		1,706,192
IPC The Hospitalist Co. *		28,300		1,280,009
Kindred Healthcare, Inc. *		93,275		1,757,301
Landauer, Inc.		16,700		942,715
LHC Group, Inc. *		26,400		601,392
LifePoint Hospitals, Inc. *		91,600		3,398,360
Magellan Health Services, Inc. *		58,300		3,037,430
MAKO Surgical Corp. *		59,700		1,719,957
Masimo Corp.		102,400		2,844,672
MedAssets, Inc. *		80,500		1,019,935
Medidata Solutions, Inc. *		33,500		684,405
Meridian Bioscience, Inc.		72,150		1,558,440
Molina Healthcare, Inc. *		44,100		998,865
MWI Veterinary Supply, Inc. *		22,500		2,003,850
National Healthcare Corp.		13,688		651,138
Neogen Corp. *		40,950		1,693,692
NuVasive, Inc. *		70,300		2,011,986
NxStage Medical, Inc. *		65,500		1,205,200
Omnicell, Inc. *		58,300		997,513
Orthofix International N.V. *		30,800		1,300,684
Owens & Minor, Inc.		110,100		3,358,050
PSS World Medical, Inc. *		97,066		2,322,789
Select Medical Holdings Corp. *		80,700		633,495
SonoSite, Inc. *		23,800		777,308
Team Health Holdings, Inc. *		29,200		642,692
Thoratec Corp. *		101,700		3,426,273
Triple-S Management Corp., Class B *		37,900		817,503
Universal American Corp.		86,602		823,585
VCA Antech, Inc. *		149,800		2,927,092
Volcano Corp. *		89,600		2,814,336
WellCare Health Plans, Inc. *		74,600		3,271,210
West Pharmaceutical Services, Inc.		58,465		2,564,860
Wright Medical Group, Inc. *		69,300		1,083,852
Zoll Medical Corp. *		37,700		2,626,182

				118,582,888

Household & Personal Products 0.6%
Central Garden & Pet Co., Class A *		94,700		829,572
Elizabeth Arden, Inc. *		42,598		1,372,507
Inter Parfums, Inc.		26,000		521,040
Nu Skin Enterprises, Inc., Class A		93,622		3,514,570
Prestige Brands Holdings, Inc. *		87,000		1,063,140
Revlon, Inc., Class A *		22,402		377,250
Spectrum Brands Holdings, Inc. *		31,246		834,268
Synutra International, Inc. (c)*		32,900		263,200
USANA Health Sciences, Inc. *		10,400		284,440
WD-40 Co.		29,500		1,292,100

				10,352,087

Insurance 3.0%
American Equity Investment Life Holding Co.		107,264		1,273,224
AmTrust Financial Services, Inc.		40,705		945,170
Argo Group International Holdings Ltd.		54,338		1,597,537
CNO Financial Group, Inc. *		465,800		3,423,630
Delphi Financial Group, Inc., Class A		95,680		2,575,705
Employers Holdings, Inc.		69,300		1,029,798
Enstar Group Ltd. *		13,194		1,393,814
FBL Financial Group, Inc., Class A		27,168		855,249
First American Financial Corp.		183,600		2,935,764
Flagstone Reinsurance Holdings S.A.		80,829		720,186
Global Indemnity plc *		22,055		459,406
Greenlight Capital Re Ltd., Class A *		49,389		1,222,872
Harleysville Group, Inc.		21,063		636,524

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Hilltop Holdings, Inc. *		73,739		645,216
Horace Mann Educators Corp.		68,378		995,584
Infinity Property & Casualty Corp.		21,792		1,104,201
Maiden Holdings Ltd.		90,400		838,008
Meadowbrook Insurance Group, Inc.		91,800		862,920
Montpelier Re Holdings Ltd.		115,000		1,984,900
National Financial Partners Corp. *		75,900		859,947
National Western Life Insurance Co., Class A		4,494		769,957
OneBeacon Insurance Group Ltd., Class A		44,200		563,108
Platinum Underwriters Holdings Ltd.		68,300		2,346,105
Primerica, Inc.		93,600		2,023,632
ProAssurance Corp. *		53,400		3,719,310
RLI Corp.		29,455		1,860,083
Safety Insurance Group, Inc.		26,870		1,090,922
Selective Insurance Group, Inc.		94,614		1,550,723
State Auto Financial Corp.		26,600		441,028
Symetra Financial Corp.		133,600		1,678,016
The Navigators Group, Inc. *		22,485		1,059,943
Tower Group, Inc.		74,065		1,693,126
United Fire & Casualty Co.		37,200		637,980
Unitrin, Inc.		88,100		2,481,777

				48,275,365

Materials 5.7%
A. Schulman, Inc.		57,609		1,276,039
AK Steel Holding Corp.		191,300		2,324,295
AMCOL International Corp.		45,652		1,399,690
Arch Chemicals, Inc.		44,572		2,100,233
Balchem Corp.		51,500		2,254,155
Boise, Inc.		214,400		1,485,792
Buckeye Technologies, Inc.		71,300		1,917,257
Calgon Carbon Corp. *		96,700		1,439,863
Carpenter Technology Corp.		77,400		4,445,856
Century Aluminum Co. *		110,500		1,438,710
Chemtura Corp. *		165,900		2,919,840
Clearwater Paper Corp. *		20,900		1,580,876
Coeur d’Alene Mines Corp. *		156,650		4,274,978
Commercial Metals Co.		198,800		2,884,588
Deltic Timber Corp.		19,104		990,542
Eagle Materials, Inc.		77,890		1,935,567
Ferro Corp. *		160,800		2,093,616
Georgia Gulf Corp. *		59,100		1,184,364
Globe Specialty Metals, Inc.		105,400		2,432,632
Graham Packaging Co., Inc. *		43,400		1,100,190
Graphic Packaging Holding Co. *		175,415		868,304
H.B. Fuller Co.		88,616		2,025,762
Hawkins, Inc.		14,900		512,858
Haynes International, Inc.		20,625		1,291,950
Horsehead Holding Corp. *		79,700		890,249
Innophos Holdings, Inc.		37,300		1,797,860
Innospec, Inc. *		41,400		1,329,768
Kaiser Aluminum Corp.		25,850		1,442,947
KapStone Paper & Packaging Corp. *		66,400		1,035,176
Koppers Holdings, Inc.		36,500		1,351,230
Kraton Performance Polymers, Inc. *		54,300		1,960,230
Louisiana-Pacific Corp. *		229,100		1,775,525
LSB Industries, Inc. *		28,300		1,124,642
Materion Corp. *		37,200		1,418,064
Metals USA Holdings Corp. *		20,000		307,600
Minerals Technologies, Inc.		34,461		2,232,384
NewMarket Corp.		17,700		2,903,154
Olin Corp.		135,700		2,837,487
OM Group, Inc. *		54,500		1,977,260
P.H. Glatfelter Co.		83,900		1,266,051
PolyOne Corp.		172,875		2,679,563
Quaker Chemical Corp.		20,700		839,178
RTI International Metals, Inc. *		50,466		1,618,445
Schnitzer Steel Industries, Inc., Class A		39,200		1,990,968
Schweitzer-Mauduit International, Inc.		32,600		1,829,186
Sensient Technologies Corp.		87,225		3,237,792
Stepan Co.		12,900		1,022,970
STR Holdings, Inc. *		71,900		989,344
Texas Industries, Inc. (c)		46,751		1,805,056
US Gold Corp. *		184,000		1,168,400
Worthington Industries, Inc.		96,560		2,024,863

				91,033,349

Media 1.6%
Arbitron, Inc.		46,756		1,829,095
Ascent Capital Group, Inc., Class A *		25,200		1,212,372
Belo Corp., Class A *		166,000		1,160,340
Central European Media Enterprises Ltd., Class A *		68,200		1,303,984
Cinemark Holdings, Inc.		74,900		1,459,801
Harte-Hanks, Inc.		71,716		585,920
Knology, Inc. *		54,100		742,793
Live Nation Entertainment, Inc. *		274,100		3,042,510
Meredith Corp. (c)		64,700		1,931,295
National CineMedia, Inc.		94,200		1,387,566
Regal Entertainment Group, Class A (c)		136,800		1,749,672
Scholastic Corp.		41,269		1,185,245
Sinclair Broadcast Group, Inc., Class A		83,800		830,458
The E.W. Scripps Co., Class A *		53,300		459,446
The Madison Square Garden, Inc., Class A *		105,500		2,795,750
The New York Times Co., Class A *		224,100		1,922,778
Valassis Communications, Inc. *		83,000		2,224,400
World Wrestling Entertainment, Inc., Class A (c)		49,000		493,430

				26,316,855

Pharmaceuticals, Biotechnology & Life Sciences 5.2%
Acorda Therapeutics, Inc. *		70,100		1,990,840
Akorn, Inc. *		104,300		722,799
Alkermes, Inc. *		164,942		2,843,600
Ardea Biosciences, Inc. *		27,500		643,500
ARIAD Pharmaceuticals, Inc. *		232,100		2,759,669
Auxilium Pharmaceuticals, Inc. *		86,700		1,624,758

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
AVANIR Pharmaceuticals, Inc., Class A (c)*		187,200		702,000
Cadence Pharmaceuticals, Inc. (c)*		45,500		393,575
Cepheid, Inc. *		108,100		4,081,856
Cubist Pharmaceuticals, Inc. *		104,932		3,564,540
Emergent Biosolutions, Inc. *		37,400		772,310
Enzon Pharmaceuticals, Inc. *		107,400		1,043,928
Exelixis, Inc. *		215,872		1,662,214
Genomic Health, Inc. *		26,900		722,265
Geron Corp. *		261,700		1,007,545
Halozyme Therapeutics, Inc. *		128,100		889,014
ImmunoGen, Inc. *		111,800		1,512,654
Impax Laboratories, Inc. *		113,300		2,399,694
Incyte Corp. *		215,463		3,757,675
Ironwood Pharmaceuticals, Inc. *		106,500		1,592,175
Isis Pharmaceuticals, Inc. *		181,000		1,563,840
Jazz Pharmaceuticals, Inc. *		35,200		1,424,544
Lexicon Pharmaceuticals, Inc. *		457,800		769,104
Luminex Corp. *		65,500		1,332,925
MannKind Corp. (c)*		112,100		372,172
MAP Pharmaceuticals, Inc. *		33,000		506,880
Medicis Pharmaceutical Corp., Class A		111,749		4,154,828
Medivation, Inc. *		61,000		1,294,420
Micromet, Inc. *		158,100		894,846
Momenta Pharmaceuticals, Inc. *		79,844		1,410,045
Myriad Genetics, Inc. *		160,600		3,415,962
Nektar Therapeutics *		195,771		1,260,765
NPS Pharmacuticals, Inc. *		150,500		1,453,830
Opko Health, Inc. *		195,400		849,990
Par Pharmaceutical Cos., Inc. *		68,680		2,224,545
PAREXEL International Corp. *		99,718		2,047,211
Pharmasset, Inc. *		56,600		6,870,108
Questcor Pharmaceuticals, Inc. *		108,100		3,356,505
Savient Pharmaceuticals, Inc. *		122,600		858,200
Seattle Genetics, Inc. (c)*		177,398		3,021,088
Sequenom, Inc. *		182,200		1,286,332
SIGA Technologies, Inc. *		56,600		430,726
Targacept, Inc. *		41,800		854,392
The Medicines Co. *		94,108		1,409,738
Theravance, Inc. *		117,638		2,515,100
ViroPharma, Inc. *		138,474		2,503,610
VIVUS, Inc. *		148,200		1,216,722

				83,985,039

Real Estate 6.5%
Acadia Realty Trust		73,136		1,535,125
Ashford Hospitality Trust		125,100		1,363,590
Associated Estates Realty Corp.		71,900		1,304,985
Brandywine Realty Trust		236,530		2,835,995
Colonial Properties Trust		143,100		3,083,805
CommonWealth REIT		142,400		3,363,488
Cousins Properties, Inc.		187,973		1,599,650
DCT Industrial Trust, Inc.		425,400		2,305,668
DiamondRock Hospitality Co.		288,717		2,950,688
DuPont Fabros Technology, Inc.		112,000		2,854,880
EastGroup Properties, Inc.		46,590		2,074,187
Education Realty Trust, Inc.		125,500		1,101,890
Equity Lifestyle Properties, Inc.		66,759		4,350,016
Equity One, Inc.		108,337		2,101,738
Extra Space Storage, Inc.		162,958		3,464,487
FelCor Lodging Trust, Inc. *		211,300		1,086,082
First Industrial Realty Trust, Inc. *		151,100		1,790,535
First Potomac Realty Trust		88,500		1,382,370
Forestar Group, Inc. *		61,600		1,004,080
Franklin Street Properties Corp.		124,565		1,570,765
Getty Realty Corp.		44,642		1,035,694
Glimcher Realty Trust		174,200		1,715,870
Healthcare Realty Trust, Inc.		126,881		2,486,868
Hersha Hospitality Trust		261,700		1,371,308
Home Properties, Inc.		68,665		4,498,931
Inland Real Estate Corp.		130,436		1,150,445
Investors Real Estate Trust		135,100		1,098,363
iStar Financial, Inc. *		189,500		1,328,395
Kilroy Realty Corp.		100,800		3,888,864
LaSalle Hotel Properties		148,726		3,719,637
Lexington Realty Trust		235,984		1,982,266
LTC Properties, Inc.		52,867		1,435,339
Medical Properties Trust, Inc.		201,200		2,366,112
National Health Investors, Inc.		47,068		2,141,123
Pebblebrook Hotel Trust		88,600		1,751,622
Pennsylvania REIT		92,112		1,344,835
Post Properties, Inc.		87,667		3,717,081
Potlatch Corp.		68,603		2,278,992
PS Business Parks, Inc.		33,238		1,888,251
Ramco-Gershenson Properties Trust		66,000		809,820
Sabra Health Care REIT, Inc.		43,366		624,904
Saul Centers, Inc.		19,900		785,055
Sovran Self Storage, Inc.		50,526		2,048,829
Strategic Hotel & Resorts, Inc. *		305,900		2,080,120
Sun Communities, Inc.		35,200		1,347,104
Sunstone Hotel Investors, Inc. *		205,210		1,828,421
Tanger Factory Outlet Centers, Inc.		75,900		2,083,455
Tejon Ranch Co. *		22,192		712,141
U-Store-It Trust		164,500		1,751,925
Universal Health Realty Income Trust		21,900		902,499
Urstadt Biddle Properties, Class A		39,400		698,956
Washington REIT		115,400		3,695,108

				103,692,357

Retailing 4.9%
99 Cents Only Stores *		80,806		1,595,918
Aaron’s, Inc.		126,900		3,199,149
Ann, Inc. *		100,300		2,601,782
Asbury Automotive Group, Inc. *		59,400		1,278,882
Barnes & Noble, Inc.		72,900		1,268,460
bebe stores, Inc.		43,149		319,734
Blue Nile, Inc. *		23,800		1,008,168
Brown Shoe Co., Inc.		71,175		718,867
Cabela’s, Inc. *		75,236		2,058,457
Chico’s FAS, Inc.		311,500		4,700,535
Collective Brands, Inc. *		114,500		1,348,810
DSW, Inc., Class A *		44,922		2,379,968
Express, Inc.		27,800		623,832
Fred’s, Inc., Class A		71,500		942,370
Genesco, Inc. *		41,744		2,162,339
Group 1 Automotive, Inc.		40,000		1,905,200
hhgregg, Inc. (c)*		30,400		374,832
Hibbett Sports, Inc. *		47,475		1,862,919
HSN, Inc. *		65,300		2,134,657

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Jos. A. Bank Clothiers, Inc. *		46,418		2,381,708
Lumber Liquidators Holdings, Inc. *		40,500		636,255
Monro Muffler Brake, Inc.		51,350		1,836,276
Nutrisystem, Inc.		45,548		680,487
Office Depot, Inc. *		481,800		1,821,204
OfficeMax, Inc. *		143,400		1,015,272
Orbitz Worldwide, Inc. *		77,000		251,020
Penske Automotive Group, Inc.		78,516		1,737,559
Pier 1 Imports, Inc. *		211,900		2,328,781
Pool Corp.		90,077		2,409,560
RadioShack Corp.		197,900		2,754,768
Rent-A-Center, Inc.		118,505		3,205,560
Rue21, Inc. *		26,200		861,194
Saks, Inc. *		296,300		3,182,262
Select Comfort Corp. *		99,200		1,668,544
Shutterfly, Inc. *		48,100		2,616,640
Sonic Automotive, Inc., Class A		72,500		1,136,075
Stage Stores, Inc.		64,227		1,143,241
Systemax, Inc. *		20,600		335,574
The Buckle, Inc.		46,864		2,076,544
The Cato Corp., Class A		54,604		1,519,083
The Children’s Place Retail Stores, Inc. *		45,213		2,184,692
The Finish Line, Inc., Class A		98,219		2,092,065
The Men’s Wearhouse, Inc.		92,700		3,039,633
The Pep Boys - Manny, Moe & Jack		97,200		1,044,900
Vitamin Shoppe, Inc. *		37,500		1,633,500
Zumiez, Inc. *		38,400		1,020,288

				79,097,564

Semiconductors & Semiconductor Equipment 3.9%
Advanced Energy Industries, Inc. *		61,700		654,637
Amkor Technology, Inc. *		251,818		1,342,190
ANADIGICS, Inc. *		113,600		356,704
Applied Micro Circuits Corp. *		97,565		615,635
ATMI, Inc. *		51,954		968,942
Brooks Automation, Inc. *		118,431		1,126,279
Cabot Microelectronics Corp. *		41,400		1,601,766
Cavium, Inc. *		84,500		2,914,405
CEVA, Inc. *		38,300		1,157,426
Cirrus Logic, Inc. *		120,100		1,823,118
Cymer, Inc. *		53,265		2,345,258
Diodes, Inc. *		64,181		1,511,463
Entegris, Inc. *		241,800		2,072,226
Entropic Communications, Inc. *		121,300		810,284
FEI Co. *		67,700		2,236,808
FormFactor, Inc. *		91,473		840,637
GT Solar International, Inc. *		220,400		3,006,256
Hittite Microwave Corp. *		42,909		2,402,475
Integrated Device Technology, Inc. *		266,900		1,825,596
Intersil Corp., Class A		216,200		2,605,210
Kulicke & Soffa Industries, Inc. *		127,500		1,173,000
Lattice Semiconductor Corp. *		204,800		1,269,760
Micrel, Inc.		86,405		877,011
Microsemi Corp. *		150,419		2,985,817
MIPS Technologies, Inc. *		87,100		625,378
MKS Instruments, Inc.		93,699		2,337,790
Monolithic Power Systems *		64,200		866,058
OmniVision Technologies, Inc. *		74,973		2,192,210
Power Integrations, Inc.		48,562		1,723,465
Rubicon Technology, Inc. (c)*		28,300		416,576
Semtech Corp. *		113,829		2,652,216
Sigma Designs, Inc. *		48,000		410,400
Silicon Image, Inc. *		134,900		772,977
Spansion, Inc. *		99,900		1,816,182
Standard Microsystems Corp. *		39,792		941,479
SunPower Corp., Class A (c)*		78,400		1,538,992
Tessera Technologies, Inc. *		91,590		1,438,879
Ultratech, Inc. *		44,000		1,159,400
Veeco Instruments, Inc. (c)*		70,900		2,821,111
Volterra Semiconductor Corp. *		46,400		1,195,728
Zoran Corp. *		88,924		738,069

				62,169,813

Software & Services 7.1%
Accelrys, Inc. *		96,800		703,736
ACI Worldwide, Inc. *		60,759		2,197,046
Acxiom Corp. *		140,976		1,937,010
Advent Software, Inc. *		56,228		1,306,176
Ancestry.com, Inc. *		28,900		1,029,129
Aspen Technology, Inc. *		108,200		1,677,100
Blackbaud, Inc.		76,269		1,937,233
Blackboard, Inc. *		59,861		2,607,545
Bottomline Technologies, Inc. *		57,900		1,348,491
CACI International, Inc., Class A *		55,900		3,302,572
Cardtronics, Inc. *		53,600		1,231,728
CommVault Systems, Inc. *		76,800		2,973,696
comScore, Inc. *		44,600		972,726
Constant Contact, Inc. *		44,000		832,920
Convergys Corp. *		221,300		2,752,972
CSG Systems International, Inc. *		62,600		1,111,776
DealerTrack Holdings, Inc. *		73,036		1,693,705
Deltek, Inc. *		87,200		624,352
Dice Holdings, Inc. *		30,600		421,974
Digital River, Inc. *		71,100		1,813,050
EarthLink, Inc.		193,881		1,558,803
Ebix, Inc. (c)*		69,100		1,360,579
EPIQ Systems, Inc.		53,800		695,096
Euronet Worldwide, Inc. *		90,036		1,545,018
Exlservice Holdings, Inc. *		26,500		618,510
Fair Isaac Corp.		70,300		2,091,425
Forrester Research, Inc.		25,317		800,017
Heartland Payment Systems, Inc.		68,900		1,449,656
iGATE Corp.		50,540		757,595
Interactive Intelligence Group *		23,200		881,832
j2 Global Communications, Inc. *		81,728		2,185,407
JDA Software Group, Inc. *		76,069		2,126,889
Kenexa Corp. *		41,300		1,056,041
KIT Digital, Inc. *		53,200		619,780
Limelight Networks, Inc. *		86,200		355,144
LivePerson, Inc. *		78,100		961,411
LogMeIn, Inc. *		28,400		1,009,620
Manhattan Associates, Inc. *		39,147		1,460,183
ManTech International Corp., Class A		39,200		1,599,360
MAXIMUS, Inc.		64,148		2,478,037
Mentor Graphics Corp. *		193,267		2,209,042
MicroStrategy, Inc., Class A *		15,062		2,400,431
NetScout Systems, Inc. *		59,100		901,275

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
NetSuite, Inc. *		28,800		1,129,248
NeuStar, Inc., Class A *		128,300		3,340,932
NIC, Inc.		94,200		1,202,934
OpenTable, Inc. *		26,600		1,884,876
OPNET Technologies, Inc.		37,500		1,286,625
Pegasystems, Inc.		28,300		1,142,188
Progress Software Corp. *		117,720		2,837,052
QLIK Technologies, Inc. *		23,000		697,130
QuinStreet, Inc. *		48,600		607,014
Radiant Systems, Inc. *		57,600		1,623,744
RealD, Inc. (c)*		58,100		899,388
RealNetworks, Inc. *		139,430		471,273
RightNow Technologies, Inc. *		42,700		1,449,238
Sapient Corp. *		212,363		2,956,093
Smith Micro Software, Inc. *		52,500		186,900
Solarwinds, Inc. *		59,300		1,275,543
Sourcefire, Inc. *		48,700		1,197,046
SS&C Technologies Holdings, Inc. *		22,500		416,700
Synchronoss Technologies, Inc. *		41,700		1,219,725
Take-Two Interactive Software, Inc. *		149,304		2,014,111
Taleo Corp., Class A *		70,600		2,336,860
TeleTech Holdings, Inc. *		54,500		1,078,555
The Ultimate Software Group, Inc. *		46,100		2,506,918
TiVo, Inc. *		223,603		2,101,868
TNS, Inc. *		47,300		799,370
Tyler Technologies, Inc. *		45,200		1,152,148
Unisys Corp. *		69,550		1,444,554
United Online, Inc.		154,387		921,690
ValueClick, Inc. *		140,400		2,535,624
Virnetx Holding Corp. (c)*		64,900		1,973,609
Vocus, Inc. *		28,700		819,959
Websense, Inc. *		75,404		1,710,163
Wright Express Corp. *		66,576		3,275,539

				114,090,705

Technology Hardware & Equipment 4.8%
Arris Group, Inc. *		214,860		2,578,320
Avid Technology, Inc. *		50,405		659,801
Benchmark Electronics, Inc. *		105,894		1,551,347
Black Box Corp.		31,192		888,660
Blue Coat Systems, Inc. *		74,600		1,503,190
Brightpoint, Inc. *		128,695		1,169,838
Calix, Inc. *		34,400		630,896
Checkpoint Systems, Inc. *		71,644		1,124,811
Cognex Corp.		72,309		2,454,891
Coherent, Inc. *		43,251		2,077,345
Comtech Telecommunications Corp.		52,500		1,414,875
Daktronics, Inc.		61,300		608,709
DG Fastchannel, Inc. *		44,100		1,246,266
Diebold, Inc.		115,500		3,492,720
DTS, Inc. *		29,800		1,034,656
Electronics for Imaging, Inc. *		80,109		1,378,676
Emulex Corp. *		150,990		1,275,865
FARO Technologies, Inc. *		28,100		1,145,356
Harmonic, Inc. *		166,800		905,724
Hypercom Corp. *		106,700		865,337
Infinera Corp. *		54,400		349,792
Insight Enterprises, Inc. *		84,400		1,420,452
Intermec, Inc. *		83,640		901,639
IPG Photonics Corp. *		46,018		2,769,823
Ixia *		80,364		803,640
KEMET Corp. *		77,300		943,060
Littelfuse, Inc.		39,600		2,023,164
Maxwell Technologies, Inc. *		48,100		811,447
MTS Systems Corp.		26,475		1,043,380
Multi-Fineline Electronix, Inc. *		18,600		377,766
NETGEAR, Inc. *		64,300		2,116,113
Newport Corp. *		63,900		993,006
Oclaro, Inc. *		86,100		404,670
OSI Systems, Inc. *		33,300		1,374,957
Park Electrochemical Corp.		37,800		988,848
Plantronics, Inc.		85,793		2,938,410
Plexus Corp. *		67,462		1,990,804
Power-One, Inc. (c)*		184,800		1,332,408
Powerwave Technologies, Inc. *		296,100		642,537
QLogic Corp. *		183,700		2,786,729
Quantum Corp. *		391,800		1,030,434
Rofin-Sinar Technologies, Inc. *		50,236		1,576,406
Rogers Corp. *		28,467		1,380,080
Sanmina-SCI Corp. *		147,200		1,678,080
ScanSource, Inc. *		46,478		1,717,362
Sonus Networks, Inc. *		480,758		1,423,044
STEC, Inc. *		88,500		900,045
Stratasys, Inc. *		37,300		951,150
Super Micro Computer, Inc. *		42,800		603,052
Sycamore Networks, Inc.		35,711		703,507
Synaptics, Inc. *		58,300		1,432,431
SYNNEX Corp. *		41,000		1,161,120
Tekelec *		123,827		972,042
TTM Technologies, Inc. *		79,400		1,099,690
Universal Display Corp. *		65,500		1,959,105
ViaSat, Inc. *		72,919		3,276,251

				76,883,727

Telecommunication Services 1.4%
AboveNet, Inc.		44,500		2,709,605
Atlantic Tele-Network, Inc.		17,400		657,198
Cbeyond, Inc. *		53,600		601,928
Cincinnati Bell, Inc. *		373,345		1,291,774
Cogent Communications Group, Inc. *		82,000		1,235,740
Consolidated Communications Holdings, Inc.		42,200		760,444
General Communication, Inc., Class A *		67,800		769,530
Global Crossing Ltd. *		51,524		1,773,971
IDT Corp., Class B		26,000		627,380
Iridium Communications, Inc. *		73,300		625,249
Leap Wireless International, Inc. *		89,900		1,210,054
Level 3 Communications, Inc. *		2,997,200		6,533,896
Neutral Tandem, Inc. *		61,700		945,861
NTELOS Holdings Corp.		50,100		972,942
PAETEC Holding Corp. *		205,100		906,542
Vonage Holdings Corp. *		225,500		904,255

				22,526,369

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Transportation 2.6%
Alexander & Baldwin, Inc.		75,700		3,649,497
Allegiant Travel Co. *		27,900		1,200,537
AMERCO *		11,904		1,073,027
Arkansas Best Corp.		46,272		1,113,304
Atlas Air Worldwide Holdings, Inc. *		45,500		2,383,745
Avis Budget Group, Inc. *		184,500		2,787,795
Con-way, Inc.		97,000		3,552,140
Dollar Thrifty Automotive Group, Inc. *		50,800		3,659,632
Forward Air Corp.		48,682		1,516,931
Genco Shipping & Trading Ltd. (c)*		28,100		175,906
Heartland Express, Inc.		86,200		1,320,584
Hub Group, Inc., Class A *		64,792		2,298,820
JetBlue Airways Corp. *		357,600		1,712,904
Knight Transportation, Inc.		107,600		1,693,624
Landstar System, Inc.		85,400		3,830,190
Old Dominion Freight Line, Inc. *		73,783		2,733,660
RailAmerica, Inc. *		42,000		624,960
Seaspan Corp.		84,200		1,170,380
SkyWest, Inc.		95,412		1,226,998
US Airways Group, Inc. *		284,000		1,772,160
Werner Enterprises, Inc.		80,543		1,896,788

				41,393,582

Utilities 3.5%
ALLETE, Inc.		54,590		2,197,248
American States Water Co.		34,100		1,165,879
Avista Corp.		104,412		2,632,227
Black Hills Corp.		68,198		2,037,756
California Water Service Group		69,974		1,281,224
CH Energy Group, Inc.		26,297		1,342,988
Cleco Corp.		106,900		3,711,568
Dynegy, Inc. *		185,600		1,061,632
El Paso Electric Co.		77,416		2,589,565
IDACORP, Inc.		87,700		3,438,717
MGE Energy, Inc.		39,860		1,637,449
New Jersey Resources Corp.		71,700		3,126,837
Northwest Natural Gas Co.		45,695		2,038,454
NorthWestern Corp.		65,912		2,110,502
Ormat Technologies, Inc.		34,800		725,928
Otter Tail Corp.		63,309		1,315,561
PNM Resources, Inc.		157,200		2,361,144
Portland General Electric Co.		132,100		3,273,438
SJW Corp.		19,400		456,288
South Jersey Industries, Inc.		51,560		2,603,780
Southwest Gas Corp.		83,396		3,109,837
The Empire District Electric Co.		72,000		1,469,520
The Laclede Group, Inc.		38,777		1,444,443
UIL Holdings Corp.		87,710		2,800,580
Unisource Energy Corp.		63,517		2,338,696
WGL Holdings, Inc.		88,800		3,446,328

				55,717,589

Total Common Stock
(Cost $1,343,174,781)				1,587,172,453




Rights 0.0% of net assets

Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Indevus Pharmaceuticals, Inc. (a)(b)*		138,800		—

Total Rights
(Cost $—)				—



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.7% of net assets

Time Deposit 0.7%
Citibank
0.03%, 08/01/11		10,353,677		10,353,677

Total Short-Term Investment
(Cost $10,353,677)				10,353,677



End of Investments.


	Number		Value
Security	of Shares		($)

Collateral Invested for Securities on Loan 2.4% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		39,033,176		39,033,176

Total Collateral Invested for Securities on Loan
(Cost $39,033,176)				39,033,176



End of Collateral Invested for Securities on Loan.

At 07/31/11 tax basis cost of the fund’s investments was $1,362,813,965 and the unrealized appreciation and depreciation were $366,299,276 and ($131,587,111), respectively, with a net unrealized appreciation of $234,712,165.


*		Non-income producing security.
(a)		Fair-valued by management in accordance with procedures approved by the Board of Trustees.
(b)		Illiquid security. At the period end, the value of these securities amounted to $0 or 0.0% of net assets.
(c)		All or a portion of this security is on loan.


REIT —		Real Estate Investment Trust

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

Russell 2000 Index, mini, Long, expires 09/16/11

185

14,716,750

303,336


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Schwab Small-Cap Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$1,587,172,453		$—		$—		$1,587,172,453
Rights(a)		—		—		—		—
Short-Term Investment(a)		—		10,353,677		—		10,353,677

Total		$1,587,172,453		$10,353,677		$—		$1,597,526,130

Other Financial Instruments
Collateral Invested for Securities on Loan		$39,033,176		$—		$—		$39,033,176
Futures Contracts*		303,336		—		—		303,336


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

REG46818JUL11

Schwab Capital Trust
Schwab Total Stock Market Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	99	.4%	Common Stock		1,410,831,745		1,788,212,944
	0	.0%	Rights		—		—
	0	.4%	Short-Term Investment		7,133,413		7,133,413


	99	.8%	Total Investments		1,417,965,158		1,795,346,357
	0	.3%	Collateral Invested for Securities on Loan		4,649,263		4,649,263
	(0	.1)%	Other Assets and Liabilities, Net				(1,461,889	)


	100	.0%	Net Assets				1,798,533,731


	Number		Value
Security	of Shares		($)

Common Stock 99.4% of net assets

Automobiles & Components 0.9%
American Axle & Manufacturing Holdings, Inc. *		5,300		60,791
BorgWarner, Inc. *		13,800		1,098,756
Cooper Tire & Rubber Co.		8,900		150,054
Dana Holding Corp. *		16,500		275,055
Drew Industries, Inc.		2,400		51,120
Exide Technologies *		7,500		53,700
Federal-Mogul Corp. *		9,200		176,364
Ford Motor Co. *		466,736		5,698,847
General Motors Co. *		71,000		1,965,280
Gentex Corp.		18,000		510,120
Harley-Davidson, Inc.		28,500		1,236,615
Johnson Controls, Inc.		82,000		3,029,900
Lear Corp.		12,000		588,000
Modine Manufacturing Co. *		5,000		74,550
Standard Motor Products, Inc.		7,500		106,500
Stoneridge, Inc. *		8,200		102,336
Strattec Security Corp.		1,500		38,325
Tenneco, Inc. *		7,480		298,751
Tesla Motors, Inc. *		4,500		126,765
The Goodyear Tire & Rubber Co. *		29,000		468,930
Thor Industries, Inc.		4,500		111,285
TRW Automotive Holdings Corp. *		12,800		646,016
Visteon Corp. *		5,000		313,500
Winnebago Industries, Inc. *		5,100		42,789

				17,224,349

Banks 3.1%
1st Source Corp.		5,528		127,420
Ameris Bancorp *		1,848		18,702
Arrow Financial Corp.		1,146		27,619
Associated Banc-Corp		21,500		293,475
Astoria Financial Corp.		11,300		131,645
BancFirst Corp.		2,300		87,722
BancorpSouth, Inc.		7,612		103,066
BancTrust Financial Group, Inc. (d)*		2,100		4,977
Bank Mutual Corp.		6,168		22,883
Bank of Hawaii Corp.		6,500		291,265
Bank of the Ozarks, Inc.		2,800		145,460
BankUnited, Inc.		3,000		74,730
Banner Corp.		171		3,167
BB&T Corp.		83,458		2,143,201
Beneficial Mutual Bancorp, Inc. *		7,500		58,725
Berkshire Bancorp, Inc. *		3,600		22,896
Berkshire Hills Bancorp, Inc.		1,400		30,688
BOK Financial Corp.		7,540		410,628
Boston Private Financial Holdings, Inc.		12,129		84,054
Brookline Bancorp, Inc.		8,405		71,863
Bryn Mawr Bank Corp.		2,400		48,288
Camco Financial Corp. *		700		1,127
Camden National Corp.		700		22,379
Capital City Bank Group, Inc.		4,375		45,106
CapitalSource, Inc.		32,900		212,534
Capitol Federal Financial, Inc.		18,963		216,937
Cathay General Bancorp		9,200		127,512
Central Pacific Financial Corp. *		3,169		42,718
Century Bancorp Inc., Class A		800		21,624
Chemical Financial Corp.		5,383		102,116
CIT Group, Inc. *		25,000		993,500
Citizens South Banking Corp.		1,050		4,316
City Holding Co.		4,800		150,096
City National Corp.		6,100		327,448
Columbia Banking System, Inc.		4,951		87,187
Comerica, Inc.		23,160		741,814
Commerce Bancshares, Inc.		17,011		695,920
Community Bank System, Inc.		4,400		110,704
Community Trust Bancorp, Inc.		2,487		67,447
Cullen/Frost Bankers, Inc.		6,300		339,444
CVB Financial Corp.		10,311		99,914
Dime Community Bancshares		6,875		96,594
East West Bancorp, Inc.		16,600		308,096
F.N.B. Corp.		12,161		121,610
Fifth Third Bancorp		110,714		1,400,532
First BanCorp Puerto Rico (d)*		479		2,108
First Busey Corp.		10,300		53,457
First Citizens BancShares, Inc., Class A		900		162,108
First Commonwealth Financial Corp.		13,504		69,411
First Financial Bancorp		5,339		85,477
First Financial Bankshares, Inc.		6,000		193,380
First Financial Corp.		2,600		86,034
First Financial Holdings, Inc.		3,900		32,409
First Horizon National Corp.		29,316		263,551
First M&F Corp.		2,000		8,080
First Merchants Corp.		6,041		54,067
First Midwest Bancorp, Inc.		9,125		108,770

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
First Niagara Financial Group, Inc.		37,165		455,271
First Place Financial Corp. *		2,900		2,204
First Republic Bank *		9,000		254,880
First United Corp. (d)		2,200		11,022
FirstMerit Corp.		13,406		195,862
Flagstar Bancorp, Inc. *		54,100		39,498
Flushing Financial Corp.		6,800		83,776
Fulton Financial Corp.		21,762		220,884
Glacier Bancorp, Inc.		7,697		101,139
Great Southern Bancorp, Inc.		3,400		62,084
Hancock Holding Co.		9,144		301,295
Hawthorn Bancshares, Inc.		843		5,834
Heritage Financial Corp.		3,735		48,667
Home Bancshares, Inc.		3,300		77,781
Hudson City Bancorp, Inc.		59,231		488,656
Huntington Bancshares, Inc.		101,099		611,143
IBERIABANK Corp.		3,875		197,509
Independent Bank Corp.		3,000		79,650
Independent Bank Corp., Michigan (d)*		431		940
Indiana Community Bancorp		800		13,576
International Bancshares Corp.		7,784		130,927
Investors Bancorp, Inc. *		9,600		132,864
Kearny Financial Corp.		6,500		60,905
KeyCorp		116,790		938,992
Lakeland Financial Corp.		3,700		83,435
M&T Bank Corp.		13,949		1,202,962
MainSource Financial Group, Inc.		3,235		29,891
MB Financial, Inc.		5,133		103,635
Merchants Bancshares, Inc.		1,450		38,338
MGIC Investment Corp. *		21,800		86,764
MutualFirst Financial, Inc.		2,000		17,880
Nara Bancorp, Inc. *		7,000		56,210
National Penn Bancshares, Inc.		13,175		105,927
NBT Bancorp, Inc.		4,400		96,976
New York Community Bancorp, Inc.		51,585		697,945
North Valley Bancorp *		300		3,219
Northrim BanCorp, Inc.		4,281		84,507
Northwest Bancshares, Inc.		11,250		138,262
OceanFirst Financial Corp.		5,050		67,922
Ocwen Financial Corp. *		8,420		108,534
Old National Bancorp		9,244		94,289
Oriental Financial Group, Inc.		5,163		64,124
Oritani Financial Corp.		13,200		170,808
Pacific Capital Bancorp NA (d)*		3,117		93,448
PacWest Bancorp		6,000		119,100
Park National Corp.		845		52,086
People’s United Financial, Inc.		44,187		560,291
Peoples Financial Corp.		3,000		41,250
Pinnacle Financial Partners, Inc. *		6,475		98,744
PNC Financial Services Group, Inc.		63,532		3,449,152
Popular, Inc. *		125,200		300,480
Premier Financial Bancorp, Inc. *		245		1,769
PrivateBancorp, Inc.		8,000		94,320
Prosperity Bancshares, Inc.		6,400		265,792
Provident Financial Holdings, Inc.		2,750		23,348
Provident Financial Services, Inc.		5,217		72,308
Radian Group, Inc.		15,000		47,550
Regions Financial Corp.		153,962		937,629
Renasant Corp.		4,125		63,113
Republic Bancorp, Inc., Class A		6,521		118,095
Roma Financial Corp.		4,000		39,080
S&T Bancorp, Inc.		4,400		83,688
S.Y. Bancorp, Inc.		1,470		33,384
Sandy Spring Bancorp, Inc.		5,900		105,433
SCBT Financial Corp.		3,000		87,840
Seacoast Banking Corp. of Florida *		1,980		3,128
Shore Bancshares, Inc.		1,250		7,700
Signature Bank *		5,000		295,800
Simmons First National Corp., Class A		4,000		96,640
Southwest Bancorp, Inc. *		3,300		20,460
State Bancorp, Inc.		3,558		46,254
StellarOne Corp.		3,000		37,320
Sterling Bancorp		1,918		18,125
Sterling Financial Corp. *		5,000		86,700
Suffolk Bancorp		2,400		29,088
Sun Bancorp, Inc. *		4,218		13,160
SunTrust Banks, Inc.		65,342		1,600,226
Susquehanna Bancshares, Inc.		13,468		101,414
SVB Financial Group *		5,200		317,304
Synovus Financial Corp.		87,200		159,576
TCF Financial Corp.		16,100		204,792
Texas Capital Bancshares, Inc. *		4,000		109,320
TF Financial Corp.		735		14,762
TFS Financial Corp. *		19,500		184,080
The First of Long Island Corp.		4,000		106,280
The PMI Group, Inc. *		20,600		20,600
Timberland Bancorp, Inc. *		2,000		11,180
Tompkins Financial Corp.		4,024		162,570
Tree.com, Inc. *		1,044		5,815
TriCo Bancshares		400		5,928
TrustCo Bank Corp. NY		10,357		47,849
Trustmark Corp.		8,300		180,857
U.S. Bancorp		235,031		6,124,908
UMB Financial Corp.		3,574		148,321
Umpqua Holdings Corp.		12,343		140,216
Union First Market Bankshares Corp.		7,050		87,772
United Bankshares, Inc.		7,400		176,564
United Community Banks, Inc. *		5,378		58,782
Valley National Bancorp		20,768		273,099
Washington Federal, Inc.		11,942		201,939
Washington Trust Bancorp, Inc.		2,500		56,950
Webster Financial Corp.		8,663		176,898
Wells Fargo & Co.		610,906		17,068,714
WesBanco, Inc.		4,456		91,571
West Coast Bancorp *		916		14,912
Westamerica Bancorp		5,200		244,036
Western Alliance Bancorp *		6,100		42,883
Wintrust Financial Corp.		5,800		198,244
WSFS Financial Corp.		2,000		79,420
Zions Bancorp		22,725		497,677

				55,682,722

Capital Goods 8.1%
3D Systems Corp. *		6,800		145,588
3M Co.		80,000		6,971,200
A.O. Smith Corp.		4,950		205,276
AAON, Inc.		9,169		207,953
AAR CORP.		5,000		146,700
Aceto Corp.		5,000		30,500
Actuant Corp., Class A		8,680		214,483

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Acuity Brands, Inc.		5,200		253,188
Aecom Technology Corp. *		11,000		272,140
Aerosonic Corp. *		300		1,005
AGCO Corp. *		12,762		605,174
Aircastle Ltd.		5,500		62,975
Alamo Group, Inc.		2,500		59,775
Albany International Corp., Class A		3,918		104,101
Alliant Techsystems, Inc.		4,437		289,425
American Science & Engineering, Inc.		500		40,565
American Superconductor Corp. *		5,200		38,064
American Woodmark Corp.		4,000		66,480
Ameron International Corp.		900		76,581
AMETEK, Inc.		18,950		805,375
Ampco-Pittsburgh Corp.		2,800		72,940
Apogee Enterprises, Inc.		1,200		13,740
Applied Industrial Technologies, Inc.		6,525		208,278
Armstrong World Industries, Inc.		3,500		138,250
Astronics Corp. *		3,438		109,638
Badger Meter, Inc.		4,000		145,960
Barnes Group, Inc.		6,600		160,710
BE Aerospace, Inc. *		13,200		525,360
Beacon Roofing Supply, Inc. *		5,000		106,900
Belden, Inc.		4,400		162,140
Blount International, Inc. *		4,200		69,846
Brady Corp., Class A		6,400		189,440
Breeze-Eastern Corp. *		500		5,550
Briggs & Stratton Corp.		6,500		111,410
Carlisle Cos., Inc.		6,200		268,026
Cascade Corp.		4,400		219,956
Caterpillar, Inc.		71,100		7,023,969
Ceradyne, Inc. *		2,500		81,025
Chart Industries, Inc. *		3,000		159,180
CIRCOR International, Inc.		3,750		162,187
CLARCOR, Inc.		6,400		281,984
Coleman Cable, Inc. *		1,500		19,770
Columbus McKinnon Corp. *		2,400		39,480
Cooper Industries plc		19,000		993,890
Crane Co.		5,000		231,600
Cubic Corp.		2,000		97,080
Cummins, Inc.		22,000		2,307,360
Curtiss-Wright Corp.		6,600		210,936
Danaher Corp.		68,000		3,339,480
Deere & Co.		51,000		4,004,010
DigitalGlobe, Inc. *		3,500		91,420
Donaldson Co., Inc.		9,000		498,420
Dover Corp.		23,700		1,433,139
Ducommun, Inc.		3,200		70,400
Dycom Industries, Inc. *		5,300		90,312
Eaton Corp.		41,800		2,004,310
EMCOR Group, Inc. *		7,800		217,776
Emerson Electric Co.		92,000		4,516,280
EnerSys *		4,500		143,910
EnPro Industries, Inc. *		3,000		138,720
ESCO Technologies, Inc.		2,800		97,104
Esterline Technologies Corp. *		2,400		183,288
Fastenal Co.		38,400		1,292,160
Federal Signal Corp.		5,300		30,634
Flow International Corp. *		900		3,069
Flowserve Corp.		6,900		685,722
Fluor Corp.		23,200		1,473,896
Foster Wheeler AG *		8,000		216,800
Franklin Electric Co., Inc.		1,300		56,745
FreightCar America, Inc. *		2,500		61,700
FuelCell Energy, Inc. *		1,200		1,596
Furmanite Corp. *		1,400		10,976
Gardner Denver, Inc.		6,400		545,856
GATX Corp.		4,000		157,720
GenCorp, Inc. *		2,500		14,150
General Cable Corp. *		6,700		266,459
General Dynamics Corp.		38,400		2,616,576
General Electric Co.		1,311,366		23,486,565
GeoEye, Inc. *		6,000		239,760
Gibraltar Industries, Inc. *		2,500		25,700
Goodrich Corp.		16,404		1,560,677
Graco, Inc.		7,012		308,037
GrafTech International Ltd. *		13,100		252,306
Granite Construction, Inc.		4,850		113,393
Griffon Corp. *		5,500		51,975
Hardinge, Inc.		4,800		52,560
Harsco Corp.		9,200		252,172
HEICO Corp., Class A		3,571		132,127
Hexcel Corp. *		10,000		239,400
Honeywell International, Inc.		87,562		4,649,542
Hubbell, Inc., Class B		6,800		404,396
Huntington Ingalls Industries, Inc. *		5,172		173,159
IDEX Corp.		10,225		424,133
II-VI, Inc. *		7,600		190,228
Illinois Tool Works, Inc.		51,700		2,574,660
Ingersoll-Rand plc		41,000		1,534,220
Insituform Technologies, Inc., Class A *		4,300		86,215
Integrated Electrical Services, Inc. *		5,105		16,898
Interline Brands, Inc. *		4,000		66,920
ITT Corp.		23,400		1,248,156
Jacobs Engineering Group, Inc. *		16,600		649,724
John Bean Technologies Corp.		4,983		88,000
Joy Global, Inc.		16,350		1,535,592
Kadant, Inc. *		3,001		78,956
Kaman Corp.		3,000		106,860
Kaydon Corp.		3,300		117,645
KBR, Inc.		19,000		677,350
Kennametal, Inc.		10,000		394,300
Kratos Defense & Security Solutions, Inc. *		3,180		34,567
L-3 Communications Holdings, Inc.		15,100		1,194,712
Lawson Products, Inc.		3,000		56,010
Lennox International, Inc.		4,771		176,432
Lincoln Electric Holdings, Inc.		11,800		403,796
Lockheed Martin Corp.		36,052		2,730,218
Lydall, Inc. *		5,500		66,440
Magnetek, Inc. *		16,500		29,700
Masco Corp.		43,300		456,815
MasTec, Inc. *		5,350		111,708
Meritor, Inc. *		9,900		133,650
Michael Baker Corp. *		3,000		62,580
Moog, Inc., Class A *		5,787		236,978
MSC Industrial Direct Co., Inc., Class A		4,300		265,654
Mueller Industries, Inc.		4,200		157,626
Mueller Water Products, Inc., Class A		16,139		52,774
NACCO Industries, Inc., Class A		1,300		118,144
Navistar International Corp. *		9,500		487,445

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
NCI Building Systems, Inc. *		580		6,548
NN, Inc. *		1,800		21,204
Nordson Corp.		8,000		408,240
Northrop Grumman Corp.		34,032		2,059,276
Omega Flex, Inc. *		700		9,079
Orbital Sciences Corp. *		7,600		131,632
Oshkosh Corp. *		11,000		273,020
Owens Corning, Inc. *		14,000		498,120
PACCAR, Inc.		44,725		1,914,677
Pall Corp.		12,900		639,582
Parker Hannifin Corp.		19,500		1,540,890
Pentair, Inc.		12,500		460,125
Powell Industries, Inc. *		4,000		154,160
Precision Castparts Corp.		17,602		2,840,611
Quanex Building Products Corp.		5,625		88,144
Quanta Services, Inc. *		27,371		506,911
Raven Industries, Inc.		2,800		147,924
Raytheon Co.		44,900		2,008,377
RBC Bearings, Inc. *		3,000		113,910
Regal-Beloit Corp.		4,500		272,835
Robbins & Myers, Inc.		6,970		336,233
Rockwell Automation, Inc.		18,700		1,341,912
Rockwell Collins, Inc.		20,100		1,107,309
Roper Industries, Inc.		12,500		1,020,375
Sauer-Danfoss, Inc. *		3,800		180,500
Seaboard Corp.		200		523,000
Simpson Manufacturing Co., Inc.		3,200		90,560
Snap-on, Inc.		7,000		398,020
Spirit AeroSystems Holdings, Inc., Class A *		11,000		225,390
SPX Corp.		8,610		647,816
Standex International Corp.		3,000		96,570
Stanley Black & Decker, Inc.		21,652		1,424,052
Taser International, Inc. *		1,700		6,987
Tecumseh Products Co., Class A *		3,200		32,704
Teledyne Technologies, Inc. *		12,157		659,274
Tennant Co.		4,200		179,802
Terex Corp. *		14,400		319,824
Textainer Group Holdings Ltd.		2,500		64,875
Textron, Inc.		35,100		811,863
The Babcock & Wilcox Co. *		15,500		387,190
The Boeing Co.		80,300		5,658,741
The Gorman-Rupp Co.		5,613		182,871
The Greenbrier Cos., Inc. *		4,100		82,492
The Manitowoc Co., Inc.		14,600		204,254
The Middleby Corp. *		5,000		422,400
The Shaw Group, Inc. *		11,500		297,620
The Timken Co.		9,600		419,232
The Toro Co.		4,100		220,703
Thomas & Betts Corp. *		7,300		356,094
Titan International, Inc.		4,125		104,239
TransDigm Group, Inc. *		3,600		324,252
Tredegar Corp.		5,100		97,206
Trinity Industries, Inc.		13,650		406,633
Triumph Group, Inc.		2,400		129,216
Tutor Perini Corp.		5,000		78,900
Tyco International Ltd.		57,733		2,556,995
United Rentals, Inc. *		5,900		135,759
United Technologies Corp.		97,068		8,041,113
Universal Forest Products, Inc.		2,500		73,675
URS Corp. *		10,700		436,881
USG Corp. (d)*		7,400		84,212
Valmont Industries, Inc.		2,400		233,640
Vicor Corp. *		4,200		59,094
W.W. Grainger, Inc.		7,300		1,083,101
Wabash National Corp. *		8,000		60,080
WABCO Holdings, Inc. *		8,133		512,786
Wabtec Corp.		5,828		376,023
Watsco, Inc.		3,400		201,212
Watts Water Technologies, Inc., Class A		4,000		134,120
WESCO International, Inc. *		4,800		243,312
Woodward, Inc.		8,000		276,000

				144,925,033

Commercial & Professional Supplies 1.0%
A.T. Cross Co., Class A *		2,900		42,833
ABM Industries, Inc.		4,900		110,250
American Reprographics Co. *		7,000		47,810
AMREP Corp. *		2,500		22,050
Avery Dennison Corp.		12,700		400,685
Casella Waste Systems, Inc., Class A *		6,500		40,885
CDI Corp.		3,700		47,952
Cenveo, Inc. *		7,300		42,267
Cintas Corp.		15,350		499,642
Clean Harbors, Inc. *		5,000		263,750
CompX International, Inc.		2,000		27,200
Consolidated Graphics, Inc. *		3,900		201,201
Copart, Inc. *		8,809		382,751
Corrections Corp. of America *		14,484		310,827
CoStar Group, Inc. *		3,800		223,288
Covanta Holding Corp.		14,700		254,016
CRA International, Inc. *		2,500		67,200
Deluxe Corp.		6,800		160,072
EnergySolutions, Inc.		10,500		53,130
Ennis, Inc.		4,500		78,930
Equifax, Inc.		15,595		535,844
Exponent, Inc. *		6,000		250,860
FTI Consulting, Inc. *		5,700		206,853
G & K Services, Inc., Class A		4,100		139,687
GP Strategies Corp. *		1,500		19,425
Healthcare Services Group, Inc.		12,656		198,573
Heidrick & Struggles International, Inc.		3,100		82,460
Herman Miller, Inc.		5,700		131,157
HNI Corp.		4,000		83,640
Hudson Highland Group, Inc. *		3,220		19,288
IHS, Inc., Class A *		6,600		486,354
Insperity, Inc.		2,800		81,816
Interface, Inc., Class A		5,800		92,916
Iron Mountain, Inc.		23,180		733,183
KAR Auction Services, Inc. *		6,000		106,680
Kelly Services, Inc., Class A *		5,700		89,205
Kforce, Inc. *		4,905		67,591
Kimball International, Inc., Class B		9,100		54,600
Knoll, Inc.		7,000		127,750
Korn/Ferry International *		6,600		142,164
M&F Worldwide Corp. *		4,200		105,252
Manpower, Inc.		9,991		504,745
McGrath Rentcorp		4,600		119,738
Mine Safety Appliances Co.		2,700		92,124
Mobile Mini, Inc. *		1,200		25,332

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Multi-Color Corp.		4,625		124,551
Navigant Consulting, Inc. *		5,000		58,850
Nielsen Holdings N.V. *		8,000		239,680
On Assignment, Inc. *		4,700		47,940
Pitney Bowes, Inc.		25,000		538,750
Quad Graphics, Inc.		2,500		84,150
R.R. Donnelley & Sons Co.		23,500		442,035
Republic Services, Inc.		39,645		1,150,894
Resources Connection, Inc.		3,700		48,174
Robert Half International, Inc.		17,000		465,460
Rollins, Inc.		15,018		286,694
School Specialty, Inc. *		2,600		31,252
SFN Group, Inc. *		6,830		95,074
Steelcase, Inc., Class A		11,500		114,195
Stericycle, Inc. *		9,400		771,928
Superior Uniform Group, Inc.		1,600		18,704
Sykes Enterprises, Inc. *		4,026		77,702
Tetra Tech, Inc. *		12,031		264,682
The Advisory Board Co. *		1,000		53,540
The Brink’s Co.		5,600		167,104
The Corporate Executive Board Co.		3,700		150,405
The Dun & Bradstreet Corp.		5,640		409,182
The Geo Group, Inc. *		17,380		361,504
The Standard Register Co.		4,100		12,300
Towers Watson & Co., Class A		6,600		403,590
TRC Cos., Inc. *		3,350		18,693
TrueBlue, Inc. *		6,000		90,060
UniFirst Corp.		1,500		82,275
United Stationers, Inc.		5,800		186,122
Verisk Analytics, Inc., Class A *		13,000		432,900
Viad Corp.		3,625		75,146
Virco Mfg. Corp.		1,170		2,972
Waste Connections, Inc.		13,712		442,075
Waste Management, Inc.		54,100		1,703,609

				17,226,168

Consumer Durables & Apparel 1.4%
American Greetings Corp., Class A		8,500		188,445
Blyth, Inc.		2,700		170,802
Brookfield Residential Properties, Inc. *		2,350		23,429
Brunswick Corp.		9,900		216,117
Callaway Golf Co.		8,100		51,435
Carter’s, Inc. *		8,000		268,000
Cavco Industries, Inc. *		410		17,450
Coach, Inc.		36,008		2,324,676
Columbia Sportswear Co.		4,350		249,690
CSS Industries, Inc.		3,400		67,456
D.R. Horton, Inc.		32,104		381,396
Deckers Outdoor Corp. *		7,500		744,375
DGSE Cos., Inc. (d)*		700		6,202
Eastman Kodak Co. (d)*		30,200		72,480
Ethan Allen Interiors, Inc.		4,200		77,280
Flexsteel Industries, Inc.		600		9,150
Foamex International, Inc. (a)(c)*		2,278		—
Fortune Brands, Inc.		19,000		1,143,990
Fossil, Inc. *		5,462		686,410
Furniture Brands International, Inc. *		4,700		18,941
Garmin Ltd. (d)		16,000		522,080
Hanesbrands, Inc. *		11,047		337,044
Harman International Industries, Inc.		8,800		366,080
Hasbro, Inc.		14,500		573,620
Helen of Troy Ltd. *		5,000		161,250
Hovnanian Enterprises, Inc., Class A (d)*		3,700		7,104
Iconix Brand Group, Inc. *		3,200		74,656
iRobot Corp. *		3,000		104,880
Jarden Corp.		11,059		342,718
K-Swiss, Inc., Class A *		2,400		25,584
KB HOME		7,800		66,222
Kenneth Cole Productions, Inc., Class A *		3,100		39,556
Kid Brands, Inc. *		3,000		13,770
Leggett & Platt, Inc.		19,200		416,640
Lennar Corp., Class A		12,190		215,641
Liz Claiborne, Inc. *		8,600		55,040
M.D.C. Holdings, Inc.		4,403		99,552
M/I Homes, Inc. *		1,800		20,340
Maidenform Brands, Inc. *		5,000		129,250
Marine Products Corp. *		405		2,207
Mattel, Inc.		44,800		1,194,368
Meritage Homes Corp. *		1,000		21,850
Mohawk Industries, Inc. *		6,819		354,793
Movado Group, Inc.		3,300		53,394
Nautilus, Inc. *		4,125		7,755
Newell Rubbermaid, Inc.		35,900		557,168
NIKE, Inc., Class B		39,100		3,524,865
NVR, Inc. *		600		408,054
Oxford Industries, Inc.		2,500		97,950
Perry Ellis International, Inc. *		5,500		128,535
Polaris Industries, Inc.		4,100		486,055
Polo Ralph Lauren Corp.		8,000		1,080,560
PulteGroup, Inc. *		38,376		263,643
PVH Corp.		8,600		615,330
Quiksilver, Inc. *		17,000		89,420
Skechers U.S.A., Inc., Class A *		6,500		108,225
Skyline Corp.		2,600		35,178
Standard Pacific Corp. *		9,300		26,598
Stanley Furniture Co., Inc. *		6,875		28,394
Steven Madden Ltd. *		6,075		231,457
Sturm, Ruger & Co., Inc.		6,000		163,920
Tandy Brands Accessories, Inc. *		1,000		2,090
Tempur-Pedic International, Inc. *		8,000		576,080
The Jones Group, Inc.		12,156		157,299
The Ryland Group, Inc.		3,700		54,501
The Timberland Co., Class A *		5,300		226,787
The Warnaco Group, Inc. *		5,500		293,150
Toll Brothers, Inc. *		13,700		273,452
Tupperware Brands Corp.		7,800		487,422
Universal Electronics, Inc. *		5,200		121,732
VF Corp.		13,500		1,576,800
Whirlpool Corp.		9,849		681,846
Wolverine World Wide, Inc.		7,800		295,386

				24,515,015

Consumer Services 2.3%
Ambassadors Group, Inc.		3,400		28,968
American Public Education, Inc. *		2,500		113,925
Ameristar Casinos, Inc.		6,400		142,080
Apollo Group, Inc., Class A *		14,550		739,576
Bally Technologies, Inc. *		5,000		197,150
Biglari Holdings, Inc. *		179		65,902

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
BJ’s Restaurants, Inc. *		3,000		139,110
Bob Evans Farms, Inc.		4,200		145,068
Boyd Gaming Corp. *		7,800		68,172
Brinker International, Inc.		12,350		296,647
Buffalo Wild Wings, Inc. *		3,000		190,590
Career Education Corp. *		8,614		195,452
Carnival Corp.		50,000		1,665,000
CEC Entertainment, Inc.		2,025		78,368
Chipotle Mexican Grill, Inc. *		3,800		1,233,404
Choice Hotels International, Inc.		6,800		207,332
Churchill Downs, Inc.		2,900		127,397
Coinstar, Inc. *		5,000		244,300
Corinthian Colleges, Inc. *		9,200		38,272
CPI Corp.		2,900		32,306
Cracker Barrel Old Country Store, Inc.		3,446		155,449
Darden Restaurants, Inc.		16,300		828,040
DeVry, Inc.		7,800		484,692
DineEquity, Inc. *		3,000		156,300
Domino’s Pizza, Inc. *		5,100		137,037
Dover Downs Gaming & Entertainment, Inc.		5,899		18,287
Dover Motorsports, Inc. *		1,400		2,590
Education Management Corp. (d)*		3,700		82,547
Gaylord Entertainment Co. *		4,625		135,698
H&R Block, Inc.		36,200		541,552
Hillenbrand, Inc.		8,800		192,632
Hyatt Hotels Corp., Class A *		5,000		193,950
International Game Technology		35,600		661,804
International Speedway Corp., Class A		3,245		90,763
Interval Leisure Group, Inc. *		6,269		80,557
Isle of Capri Casinos, Inc. *		7,400		62,752
ITT Educational Services, Inc. *		6,000		514,020
Jack in the Box, Inc. *		8,400		190,848
Krispy Kreme Doughnuts, Inc. *		2,100		17,178
Lakes Entertainment, Inc. *		6,800		14,824
Las Vegas Sands Corp. *		59,000		2,783,620
Learning Tree International, Inc.		1,400		14,042
LIFE TIME FITNESS, Inc. *		5,500		229,680
Luby’s, Inc. *		2,400		13,128
Marriott International, Inc., Class A		37,808		1,228,760
Matthews International Corp., Class A		2,900		104,951
McDonald’s Corp.		127,709		11,044,274
MGM Resorts International *		37,500		566,625
Monarch Casino & Resort, Inc. *		8,000		92,400
MTR Gaming Group, Inc. *		5,800		17,110
Multimedia Games Holding Co., Inc. *		5,500		23,870
Nobel Learning Communities, Inc. *		500		5,860
O’Charley’s, Inc. *		400		2,436
Orient-Express Hotels Ltd., Class A *		8,600		85,054
P.F. Chang’s China Bistro, Inc.		3,800		125,134
Panera Bread Co., Class A *		3,800		438,178
Papa John’s International, Inc. *		3,400		106,114
Peet’s Coffee & Tea, Inc. *		1,800		105,120
Penn National Gaming, Inc. *		9,800		410,914
Pinnacle Entertainment, Inc. *		6,800		98,124
Regis Corp.		6,900		102,465
Royal Caribbean Cruises Ltd. *		19,500		597,090
Ruby Tuesday, Inc. *		5,600		50,904
Scientific Games Corp., Class A *		9,500		86,830
Service Corp. International		30,100		315,147
Shuffle Master, Inc. *		2,812		26,208
Six Flags Entertainment Corp.		6,000		211,260
Sonic Corp. *		7,968		85,258
Sotheby’s		8,438		357,349
Speedway Motorsports, Inc.		4,800		65,280
Starbucks Corp.		90,900		3,644,181
Starwood Hotels & Resorts Worldwide, Inc.		24,230		1,331,681
Steiner Leisure Ltd. *		3,000		145,860
Stewart Enterprises, Inc., Class A		10,000		69,500
Strayer Education, Inc.		1,000		121,650
Texas Roadhouse, Inc.		5,900		97,468
The Cheesecake Factory, Inc. *		5,887		169,722
The Wendy’s Co.		50,775		267,584
Vail Resorts, Inc.		3,800		173,850
Weight Watchers International, Inc.		8,700		671,553
WMS Industries, Inc. *		8,250		227,452
Wyndham Worldwide Corp.		21,744		752,125
Wynn Resorts Ltd.		11,000		1,690,480
Yum! Brands, Inc.		56,500		2,984,330

				42,251,160

Diversified Financials 5.7%
Advance America Cash Advance Centers, Inc.		12,500		88,125
Affiliated Managers Group, Inc. *		5,300		552,949
American Express Co.		129,650		6,487,686
Ameriprise Financial, Inc.		30,530		1,651,673
Asset Acceptance Capital Corp. *		2,500		12,350
ASTA Funding, Inc.		6,000		47,220
Bank of America Corp.		1,236,456		12,005,988
Bank of New York Mellon Corp.		153,234		3,847,706
BGC Partners, Inc., Class A		28,300		231,777
BlackRock, Inc.		11,600		2,070,136
Calamos Asset Management, Inc., Class A		5,000		68,100
Capital One Financial Corp.		55,210		2,639,038
Cash America International, Inc.		6,500		363,740
CBOE Holdings, Inc.		3,000		69,120
Citigroup, Inc.		355,528		13,630,944
CME Group, Inc.		8,330		2,408,953
Cohen & Steers, Inc.		5,400		213,462
CompuCredit Holdings Corp. *		7,277		21,758
Cowen Group, Inc., Class A *		11,889		46,962
Credit Acceptance Corp. *		2,400		190,344
Discover Financial Services		66,150		1,694,101
Dollar Financial Corp. *		9,750		210,697
ETRADE Financial Corp.		21,933		348,296
Eaton Vance Corp.		14,600		391,572
Encore Capital Group, Inc. *		2,000		54,700
Evercore Partners, Inc., Class A		6,500		184,795
EZCORP, Inc., Class A *		8,500		282,880
FBR & Co. *		4,000		11,640
Federated Investors, Inc., Class B (d)		9,950		212,631
Financial Engines, Inc. *		3,500		83,160
First Cash Financial Services, Inc. *		3,000		129,810
Franklin Resources, Inc.		18,900		2,399,544

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
GAMCO Investors, Inc., Class A		3,200		154,784
GFI Group, Inc.		9,900		44,946
Greenhill & Co., Inc.		2,500		110,100
ICG Group, Inc. *		350		3,868
Interactive Brokers Group, Inc., Class A		3,400		51,476
IntercontinentalExchange, Inc. *		8,900		1,097,370
INTL FCStone, Inc. *		737		16,936
Invesco Ltd.		48,000		1,064,640
Investment Technology Group, Inc. *		4,750		57,808
Janus Capital Group, Inc.		19,200		162,048
Jefferies Group, Inc.		14,200		268,522
JPMorgan Chase & Co.		487,444		19,717,110
Knight Capital Group, Inc., Class A *		9,700		109,707
Legg Mason, Inc.		19,050		560,451
Leucadia National Corp.		24,908		838,652
LPL Investment Holdings, Inc. *		3,000		99,150
MarketAxess Holdings, Inc.		4,000		104,520
MF Global Holdings Ltd. *		14,000		103,180
MicroFinancial, Inc.		1,900		11,343
Moody’s Corp.		26,600		947,226
Morgan Stanley		171,700		3,820,325
MSCI, Inc., Class A *		16,000		567,840
Nelnet, Inc., Class A		5,363		108,118
NewStar Financial, Inc. *		4,000		42,560
Northern Trust Corp.		28,500		1,279,792
NYSE Euronext		31,600		1,057,336
optionsXpress Holdings, Inc.		5,300		80,030
Penson Worldwide, Inc. (d)*		8,000		24,480
PHH Corp. *		7,186		134,809
Piper Jaffray Cos., Inc. *		3,950		116,446
Portfolio Recovery Associates, Inc. *		2,000		161,860
Raymond James Financial, Inc.		10,350		328,716
Resource America, Inc., Class A		4,000		23,480
SEI Investments Co.		19,400		383,732
SLM Corp.		60,300		940,077
State Street Corp.		60,983		2,528,965
Stifel Financial Corp. *		4,500		170,820
SWS Group, Inc.		8,211		44,750
T. Rowe Price Group, Inc.		32,400		1,840,320
TD Ameritrade Holding Corp.		38,800		712,368
The Charles Schwab Corp. (b)		120,620		1,800,857
The First Marblehead Corp. *		7,500		12,375
The Goldman Sachs Group, Inc.		53,500		7,220,895
The NASDAQ OMX Group, Inc. *		17,100		411,597
Virtus Investment Partners, Inc. *		475		37,316
Waddell & Reed Financial, Inc., Class A		10,250		376,175
Westwood Holdings Group, Inc.		4,285		161,459
World Acceptance Corp. *		5,000		318,600

				102,881,792

Energy 12.1%
Abraxas Petroleum Corp. *		8,500		39,015
Adams Resources & Energy, Inc.		1,400		36,120
Alon USA Energy, Inc.		8,700		105,792
Alpha Natural Resources, Inc. *		29,330		1,252,684
Anadarko Petroleum Corp.		69,660		5,751,130
Apache Corp.		47,472		5,873,236
Apco Oil & Gas International, Inc.		1,800		158,652
Approach Resources, Inc. *		4,000		103,840
Arch Coal, Inc.		18,500		473,600
ATP Oil & Gas Corp. (d)*		6,600		95,634
Atwood Oceanics, Inc. *		4,800		224,160
Baker Hughes, Inc.		58,750		4,546,076
Basic Energy Services, Inc. *		6,000		194,340
Berry Petroleum Co., Class A		4,000		229,400
Bill Barrett Corp. *		3,700		184,112
Brigham Exploration Co. *		13,500		429,300
Bristow Group, Inc.		6,800		329,664
Cabot Oil & Gas Corp.		11,200		829,696
Cal Dive International, Inc. *		9,000		50,220
Callon Petroleum Co. *		8,000		55,760
Cameron International Corp. *		30,047		1,680,829
CARBO Ceramics, Inc.		2,200		343,354
Carrizo Oil & Gas, Inc. *		3,000		115,200
Chesapeake Energy Corp.		79,500		2,730,825
Chevron Corp.		246,739		25,665,791
Cimarex Energy Co.		11,008		970,025
Clayton Williams Energy, Inc. *		2,500		165,800
Clean Energy Fuels Corp. (d)*		4,000		64,040
Cloud Peak Energy, Inc. *		6,500		144,950
Cobalt International Energy, Inc. *		7,000		86,240
Complete Production Services, Inc. *		9,100		353,808
Comstock Resources, Inc. *		4,500		143,550
Concho Resources, Inc. *		12,400		1,160,392
ConocoPhillips		165,723		11,930,399
CONSOL Energy, Inc.		27,600		1,479,360
Contango Oil & Gas Co. *		2,000		126,160
Continental Resources, Inc. *		10,000		685,900
CREDO Petroleum Corp. *		6,700		65,660
Crosstex Energy, Inc.		6,200		90,520
CVR Energy, Inc. *		9,900		265,815
Delek US Holdings, Inc.		7,000		116,340
Denbury Resources, Inc. *		48,725		941,367
Devon Energy Corp.		49,560		3,900,372
Diamond Offshore Drilling, Inc.		8,200		556,206
Dresser-Rand Group, Inc. *		9,000		480,780
Dril-Quip, Inc. *		3,100		218,581
El Paso Corp.		100,587		2,067,063
Energen Corp.		8,200		482,242
ENGlobal Corp. *		4,000		16,000
EOG Resources, Inc.		33,700		3,437,400
EQT Corp.		19,300		1,225,164
EXCO Resources, Inc.		22,000		350,020
Exterran Holdings, Inc. *		10,720		198,106
Exxon Mobil Corp.		610,034		48,674,613
FMC Technologies, Inc. *		29,364		1,338,998
Forest Oil Corp. *		12,450		323,700
General Maritime Corp.		14,720		16,045
Geomet, Inc. *		4,000		4,440
Global Industries Ltd. *		14,400		73,872
Goodrich Petroleum Corp. (d)*		3,500		69,405
Gulf Island Fabrication, Inc.		2,800		96,880
GulfMark Offshore, Inc., Class A *		4,100		199,834
Gulfport Energy Corp. *		5,000		182,300
Halliburton Co.		112,200		6,140,706
Harvest Natural Resources, Inc. *		6,000		82,200
Helix Energy Solutions Group, Inc. *		11,564		226,423
Helmerich & Payne, Inc.		12,600		870,030
Hercules Offshore, Inc. *		12,900		60,630
Hess Corp.		41,700		2,858,952
HollyFrontier Corp.		14,927		1,125,346

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Hornbeck Offshore Services, Inc. *		5,000		139,200
Houston American Energy Corp. (d)		4,000		65,840
ION Geophysical Corp. *		13,900		140,946
James River Coal Co. *		5,500		104,280
Key Energy Services, Inc. *		16,300		317,687
Kinder Morgan, Inc. *		11,500		324,645
Lufkin Industries, Inc.		7,000		570,360
Magnum Hunter Resources Corp. *		339		2,434
Marathon Oil Corp.		86,808		2,688,444
Marathon Petroleum Corp. *		43,404		1,900,661
Matrix Service Co. *		8,000		111,520
McDermott International, Inc. *		28,000		564,760
McMoRan Exploration Co. *		4,500		75,780
Murphy Oil Corp.		22,500		1,444,950
Nabors Industries Ltd. *		34,634		914,684
National Oilwell Varco, Inc.		52,122		4,199,469
Natural Gas Services Group *		7,500		119,325
Newfield Exploration Co. *		17,100		1,152,882
Newpark Resources, Inc. *		11,500		106,835
Noble Corp.		29,500		1,087,665
Noble Energy, Inc.		21,718		2,164,850
Occidental Petroleum Corp.		98,820		9,702,148
Oceaneering International, Inc.		10,400		449,280
Oil States International, Inc. *		6,600		532,620
Overseas Shipholding Group, Inc. (d)		3,700		90,058
OYO Geospace Corp. *		500		50,715
Panhandle Oil & Gas, Inc., Class A		2,000		65,560
Parker Drilling Co. *		18,300		116,022
Patriot Coal Corp. *		9,700		183,427
Patterson-UTI Energy, Inc.		18,200		592,046
Peabody Energy Corp.		31,700		1,821,799
Penn Virginia Corp.		5,000		65,600
Petrohawk Energy Corp. *		35,600		1,359,564
Petroleum Development Corp. *		4,000		145,280
PetroQuest Energy, Inc. *		7,200		58,536
PHI, Inc. - Non Voting Shares *		4,000		86,120
Pioneer Drilling Co. *		9,200		149,684
Pioneer Natural Resources Co.		13,133		1,221,238
Plains Exploration & Production Co. *		15,765		614,993
QEP Resources, Inc.		22,200		973,026
Quicksilver Resources, Inc. *		14,900		210,835
Range Resources Corp.		17,600		1,146,816
Resolute Energy Corp. *		5,000		81,450
REX American Resources Corp. *		4,875		83,996
Rex Energy Corp. *		8,000		88,560
Rosetta Resources, Inc. *		6,600		341,682
Rowan Cos., Inc. *		14,400		564,048
RPC, Inc.		17,212		406,547
SandRidge Energy, Inc. *		41,331		476,133
Schlumberger Ltd.		170,260		15,386,396
SEACOR Holdings, Inc.		1,250		125,450
SemGroup Corp. *		3,000		69,840
Ship Finance International Ltd.		6,100		96,990
SM Energy Co.		7,400		557,590
Southern Union Co.		15,874		682,582
Southwestern Energy Co. *		42,000		1,871,520
Spectra Energy Corp.		77,678		2,098,859
Stone Energy Corp. *		4,383		142,272
Sunoco, Inc.		17,000		691,050
Superior Energy Services, Inc. *		9,900		410,751
Swift Energy Co. *		5,500		209,550
Teekay Corp.		6,000		166,500
Tesoro Corp. *		17,600		427,504
TETRA Technologies, Inc. *		8,300		106,821
The Williams Cos., Inc.		70,360		2,230,412
Tidewater, Inc.		7,700		418,418
Ultra Petroleum Corp. *		13,000		608,660
Union Drilling, Inc. *		2,500		27,875
Unit Corp. *		4,400		264,044
USEC, Inc. *		14,300		48,763
VAALCO Energy, Inc. *		9,000		59,940
Valero Energy Corp.		68,980		1,732,778
Verenium Corp. (d)*		91		146
W&T Offshore, Inc.		7,500		203,250
Warren Resources, Inc. *		5,000		20,350
Weatherford International Ltd. *		90,000		1,972,800
Western Refining, Inc. *		5,600		114,408
Westmoreland Coal Co. *		6,500		99,905
Whiting Petroleum Corp. *		13,600		796,960
World Fuel Services Corp.		8,200		308,566

				217,391,014

Food & Staples Retailing 1.9%
Arden Group, Inc., Class A		600		53,256
BJ’s Wholesale Club, Inc. *		6,100		307,135
Casey’s General Stores, Inc.		5,100		229,500
Costco Wholesale Corp.		53,600		4,194,200
CVS Caremark Corp.		165,140		6,002,839
Ingles Markets, Inc., Class A		300		4,620
Nash Finch Co.		1,700		60,860
PriceSmart, Inc.		3,500		204,820
Rite Aid Corp. *		75,000		97,500
Ruddick Corp.		6,100		255,590
Safeway, Inc.		44,900		905,633
Spartan Stores, Inc.		500		8,830
SUPERVALU, Inc.		24,332		209,255
Sysco Corp.		71,136		2,176,050
The Andersons, Inc.		1,000		41,110
The Fresh Market, Inc. *		4,000		142,120
The Kroger Co.		71,800		1,785,666
The Pantry, Inc. *		1,000		17,820
United Natural Foods, Inc. *		5,600		233,800
Wal-Mart Stores, Inc.		218,100		11,496,051
Walgreen Co.		115,400		4,505,216
Weis Markets, Inc.		1,700		68,323
Whole Foods Market, Inc.		16,400		1,093,880
Winn-Dixie Stores, Inc. *		5,000		44,900

				34,138,974

Food, Beverage & Tobacco 5.2%
Alico, Inc.		500		12,205
Alliance One International, Inc. *		16,800		55,272
Altria Group, Inc.		253,300		6,661,790
Archer-Daniels-Midland Co.		71,458		2,170,894
B&G Foods, Inc.		3,000		56,370
Bridgford Foods Corp.		300		3,315
Brown-Forman Corp., Class B		12,390		911,408
Bunge Ltd.		18,000		1,238,580
Campbell Soup Co.		20,400		674,220
Chiquita Brands International, Inc. *		6,200		73,408

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Coca-Cola Bottling Co.		3,400		219,368
Coca-Cola Enterprises, Inc.		41,000		1,152,510
ConAgra Foods, Inc.		54,293		1,390,444
Constellation Brands, Inc., Class A *		21,100		430,229
Corn Products International, Inc.		11,800		600,502
Darling International, Inc. *		12,500		211,000
Dean Foods Co. *		19,113		210,625
Diamond Foods, Inc.		3,000		214,770
Dole Food Co., Inc. *		6,000		85,140
Dr Pepper Snapple Group, Inc.		31,500		1,189,440
Flowers Foods, Inc.		10,737		235,355
Fresh Del Monte Produce, Inc.		4,200		102,942
General Mills, Inc.		73,100		2,730,285
Green Mountain Coffee Roasters, Inc. *		15,150		1,574,843
Griffin Land & Nurseries, Inc.		300		8,373
H.J. Heinz Co.		39,900		2,100,336
Hansen Natural Corp. *		10,000		766,200
Harbinger Group, Inc. *		8,000		42,480
Hormel Foods Corp.		23,000		666,310
J & J Snack Foods Corp.		5,693		294,271
John B. Sanfilippo & Son, Inc. *		5,000		41,850
Kellogg Co.		29,400		1,639,932
Kraft Foods, Inc., Class A		197,513		6,790,497
Lancaster Colony Corp.		3,400		204,442
Lorillard, Inc.		17,048		1,810,839
McCormick & Co., Inc. - Non Voting Shares		14,300		695,695
Mead Johnson Nutrition Co.		24,500		1,748,565
Molson Coors Brewing Co., Class B		17,000		765,850
National Beverage Corp.		4,500		66,510
PepsiCo, Inc.		192,858		12,350,626
Philip Morris International, Inc.		220,300		15,678,751
Pilgrim’s Pride Corp. *		9,000		43,200
Primo Water Corp. *		1,000		14,400
Ralcorp Holdings, Inc. *		6,700		579,550
Reynolds American, Inc.		42,328		1,489,946
Rocky Mountain Chocolate Factory, Inc.		3,427		31,494
Sanderson Farms, Inc.		1,750		80,885
Sara Lee Corp.		72,378		1,383,144
Smithfield Foods, Inc. *		16,800		369,936
Snyders-Lance, Inc.		2,900		59,189
The Boston Beer Co., Inc., Class A *		2,500		225,375
The Coca-Cola Co.		262,700		17,866,227
The Hain Celestial Group, Inc. *		4,406		142,446
The Hershey Co.		19,400		1,094,936
The JM Smucker Co.		15,246		1,187,968
Tootsie Roll Industries, Inc.		2,769		77,671
TreeHouse Foods, Inc. *		3,722		192,204
Tyson Foods, Inc., Class A		33,340		585,450
Universal Corp.		4,800		176,256
Vector Group Ltd. (d)		4,536		79,425

				93,556,144

Health Care Equipment & Services 4.4%
ABIOMED, Inc. *		3,800		62,738
Accretive Health, Inc. (d)*		3,700		111,148
Aetna, Inc.		49,200		2,041,308
Alere, Inc. *		9,441		278,415
Align Technology, Inc. *		8,700		191,313
Alliance HealthCare Services, Inc. *		1,800		6,498
Allied Healthcare International, Inc. *		6,000		22,920
Allscripts Healthcare Solutions, Inc. *		21,460		389,499
Amedisys, Inc. *		3,334		86,217
American Dental Partners, Inc. *		3,000		34,860
AMERIGROUP Corp. *		7,300		401,500
AmerisourceBergen Corp.		33,796		1,294,725
AMN Healthcare Services, Inc. *		7,110		57,307
AmSurg Corp. *		4,300		109,349
Analogic Corp.		1,400		75,306
ArthroCare Corp. *		3,000		99,150
Assisted Living Concepts, Inc., Class A		4,000		62,680
athenahealth, Inc. *		4,000		235,160
Baxter International, Inc.		70,418		4,096,215
Becton, Dickinson & Co.		26,300		2,198,943
BioScrip, Inc. *		2,172		15,595
Boston Scientific Corp. *		184,568		1,321,507
Brookdale Senior Living, Inc. *		11,300		241,707
C.R. Bard, Inc.		11,300		1,115,084
Cantel Medical Corp.		3,571		89,025
Cardinal Health, Inc.		42,260		1,849,298
CareFusion Corp. *		27,080		714,641
Catalyst Health Solutions, Inc. *		4,900		321,097
Centene Corp. *		7,000		229,670
Cerner Corp. *		16,800		1,117,032
Chemed Corp.		3,900		237,159
Chindex International, Inc. *		3,300		37,719
CIGNA Corp.		34,400		1,712,088
Community Health Systems, Inc. *		12,100		312,664
CONMED Corp. *		4,200		109,200
CorVel Corp. *		2,850		131,527
Coventry Health Care, Inc. *		23,937		765,984
Covidien plc		60,500		3,072,795
Cross Country Healthcare, Inc. *		7,100		49,061
CryoLife, Inc. *		4,250		24,523
Cyberonics, Inc. *		4,200		113,988
DaVita, Inc. *		14,250		1,190,445
DENTSPLY International, Inc.		18,100		685,809
Dexcom, Inc. *		5,600		79,408
Edwards Lifesciences Corp. *		13,800		984,630
Emdeon, Inc., Class A *		5,000		77,500
Emeritus Corp. *		3,400		66,810
Ensign Group, Inc.		3,000		85,200
Express Scripts, Inc. *		60,400		3,277,304
Five Star Quality Care, Inc. *		3,635		17,993
Gen-Probe, Inc. *		6,400		387,520
Gentiva Health Services, Inc. *		3,250		58,467
Greatbatch, Inc. *		4,100		102,172
Haemonetics Corp. *		3,700		242,350
Hanger Orthopedic Group, Inc. *		5,400		113,454
HCA Holdings, Inc. *		15,500		413,540
Health Management Associates, Inc., Class A *		27,900		265,050
Health Net, Inc. *		11,100		312,132
HEALTHSOUTH Corp. *		20,000		488,000
Healthspring, Inc. *		7,100		291,384
HealthStream, Inc. *		1,500		20,310
Healthways, Inc. *		3,100		46,283
Henry Schein, Inc. *		10,600		704,476
Hill-Rom Holdings, Inc.		7,800		290,862

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
HMS Holdings Corp. *		2,000		151,200
Hologic, Inc. *		32,512		603,748
Humana, Inc.		20,900		1,558,722
ICU Medical, Inc. *		3,550		150,804
IDEXX Laboratories, Inc. *		8,000		663,520
Immucor, Inc. *		6,795		180,067
Insulet Corp. *		4,500		88,470
Integra LifeSciences Holdings *		3,100		139,717
Intuitive Surgical, Inc. *		5,050		2,022,777
Invacare Corp.		4,000		119,920
IPC The Hospitalist Co. *		2,000		90,460
Kindred Healthcare, Inc. *		6,508		122,611
Kinetic Concepts, Inc. *		8,600		575,684
Laboratory Corp. of America Holdings *		12,800		1,161,728
Landauer, Inc.		1,100		62,095
LCA-Vision, Inc. *		2,500		10,525
LeMaitre Vascular, Inc.		2,000		13,240
LifePoint Hospitals, Inc. *		6,707		248,830
Lincare Holdings, Inc.		12,650		323,713
Magellan Health Services, Inc. *		3,007		156,665
MAKO Surgical Corp. *		5,000		144,050
Masimo Corp.		5,500		152,790
McKesson Corp.		30,500		2,474,160
MedAssets, Inc. *		6,000		76,020
MedCath Corp. *		4,500		59,040
Medco Health Solutions, Inc. *		53,066		3,336,790
Medical Action Industries, Inc. *		6,250		47,625
MEDNAX, Inc. *		6,000		408,960
Medtronic, Inc.		131,874		4,754,058
Meridian Bioscience, Inc.		11,250		243,000
Merit Medical Systems, Inc. *		2,777		43,516
Molina Healthcare, Inc. *		3,750		84,937
MWI Veterinary Supply, Inc. *		3,000		267,180
National Healthcare Corp.		2,100		99,897
Neogen Corp. *		1,405		58,111
NuVasive, Inc. *		10,000		286,200
NxStage Medical, Inc. *		6,000		110,400
Omnicare, Inc.		15,000		457,500
Omnicell, Inc. *		3,000		51,330
OraSure Technologies, Inc. *		1,500		13,800
Owens & Minor, Inc.		7,500		228,750
Patterson Cos., Inc.		13,100		404,004
PDI, Inc. *		2,900		21,663
PharMerica Corp. *		3,413		43,584
Providence Service Corp. *		3,000		35,550
PSS World Medical, Inc. *		5,800		138,794
Quality Systems, Inc.		2,000		182,720
Quest Diagnostics, Inc.		19,820		1,070,478
ResMed, Inc. *		18,000		545,220
RTI Biologics, Inc. *		1,700		5,593
Sirona Dental Systems, Inc. *		7,000		354,060
SonoSite, Inc. *		2,800		91,448
St. Jude Medical, Inc.		42,300		1,966,950
STERIS Corp.		6,100		213,439
Stryker Corp.		37,100		2,016,014
Sunrise Senior Living, Inc. *		6,400		56,448
Symmetry Medical, Inc. *		3,000		28,890
Teleflex, Inc.		4,300		258,989
Tenet Healthcare Corp. *		55,650		309,414
The Cooper Cos., Inc.		5,781		442,189
Thoratec Corp. *		5,636		189,877
U.S. Physical Therapy, Inc.		3,500		84,280
UnitedHealth Group, Inc.		134,080		6,654,390
Universal American Corp.		4,000		38,040
Universal Health Services, Inc., Class B		12,000		595,680
Utah Medical Products, Inc.		2,500		63,125
Varian Medical Systems, Inc. *		14,900		935,124
VCA Antech, Inc. *		9,900		193,446
Volcano Corp. *		7,500		235,575
WellCare Health Plans, Inc. *		6,200		271,870
WellPoint, Inc.		47,023		3,176,404
West Pharmaceutical Services, Inc.		4,600		201,802
Wright Medical Group, Inc. *		4,200		65,688
Young Innovations, Inc.		2,000		57,960
Zimmer Holdings, Inc. *		23,300		1,398,466
Zoll Medical Corp. *		3,000		208,980

				80,036,478

Household & Personal Products 2.0%
Avon Products, Inc.		53,500		1,403,305
Central Garden & Pet Co., Class A *		6,200		54,312
Church & Dwight Co., Inc.		15,900		641,406
Colgate-Palmolive Co.		60,500		5,104,990
Elizabeth Arden, Inc. *		3,500		112,770
Energizer Holdings, Inc. *		9,333		752,613
Herbalife Ltd.		15,600		869,232
Inter Parfums, Inc.		4,013		80,421
Kimberly-Clark Corp.		49,139		3,211,725
Medifast, Inc. (d)*		3,500		67,550
Nu Skin Enterprises, Inc., Class A		6,500		244,010
Nutraceutical International Corp. *		5,000		74,000
Oil-Dri Corp. of America		500		10,345
Orchids Paper Products Co.		2,500		32,125
Prestige Brands Holdings, Inc. *		6,500		79,430
Revlon, Inc., Class A *		3,500		58,940
Schiff Nutrition International, Inc.		3,500		40,495
Spectrum Brands Holdings, Inc. *		2,000		53,400
The Clorox Co.		14,700		1,052,373
The Estee Lauder Cos., Inc., Class A		13,000		1,363,830
The Female Health Co.		3,500		16,135
The Procter & Gamble Co.		341,715		21,012,055
USANA Health Sciences, Inc. *		3,500		95,725
WD-40 Co.		1,600		70,080

				36,501,267

Insurance 3.7%
21st Century Holding Co. *		1,500		3,990
ACE Ltd.		41,000		2,746,180
Aflac, Inc.		56,600		2,606,996
Alleghany Corp. *		240		79,058
Allied World Assurance Co. Holdings Ltd.		4,900		266,805
American Equity Investment Life Holding Co.		6,400		75,968
American Financial Group, Inc.		10,750		365,285
American International Group, Inc. *		25,596		734,605
American National Insurance Co.		1,300		97,422
American Safety Insurance Holdings Ltd. *		3,000		56,250
AmTrust Financial Services, Inc.		7,500		174,150

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Aon Corp.		35,996		1,732,128
Arch Capital Group Ltd. *		20,700		699,660
Argo Group International Holdings Ltd.		4,556		133,946
Arthur J. Gallagher & Co.		12,800		359,936
Aspen Insurance Holdings Ltd.		9,000		233,100
Assurant, Inc.		13,500		480,870
Assured Guaranty Ltd.		20,500		290,075
Axis Capital Holdings Ltd.		15,200		484,424
Baldwin & Lyons, Inc., Class B		750		18,173
Berkshire Hathaway, Inc., Class B *		234,774		17,413,188
Brown & Brown, Inc.		14,000		305,340
Cincinnati Financial Corp.		19,450		531,568
Citizens, Inc. *		5,000		34,400
CNA Financial Corp.		23,900		658,206
CNO Financial Group, Inc. *		25,000		183,750
Crawford & Co., Class B		1,600		11,488
Delphi Financial Group, Inc., Class A		6,772		182,302
Eastern Insurance Holdings, Inc.		2,500		33,450
EMC Insurance Group, Inc.		1,200		22,404
Employers Holdings, Inc.		4,200		62,412
Endurance Specialty Holdings Ltd.		5,000		203,700
Erie Indemnity Co., Class A		5,500		405,350
Everest Re Group Ltd.		5,900		484,508
FBL Financial Group, Inc., Class A		5,090		160,233
Fidelity National Financial, Inc., Class A		27,727		451,950
First American Financial Corp.		10,800		172,692
Flagstone Reinsurance Holdings S.A.		7,500		66,825
FPIC Insurance Group, Inc. *		600		25,032
Genworth Financial, Inc., Class A *		58,500		486,720
Greenlight Capital Re Ltd., Class A *		3,000		74,280
Hanover Insurance Group, Inc.		4,900		177,429
Harleysville Group, Inc.		1,800		54,396
HCC Insurance Holdings, Inc.		13,950		420,314
Hilltop Holdings, Inc. *		3,726		32,603
Horace Mann Educators Corp.		4,300		62,608
Independence Holding Co.		2,700		24,246
Infinity Property & Casualty Corp.		2,500		126,675
Lincoln National Corp.		38,426		1,018,289
Loews Corp.		41,645		1,660,386
Markel Corp. *		1,200		480,504
Marsh & McLennan Cos., Inc.		66,500		1,961,085
MBIA, Inc. (d)*		25,250		232,300
Mercury General Corp.		5,400		200,556
MetLife, Inc.		100,000		4,121,000
Montpelier Re Holdings Ltd.		8,100		139,806
National Financial Partners Corp. *		2,500		28,325
National Western Life Insurance Co., Class A		300		51,399
Old Republic International Corp.		20,822		217,382
OneBeacon Insurance Group Ltd., Class A		8,200		104,468
PartnerRe Ltd.		8,900		594,698
Platinum Underwriters Holdings Ltd.		4,500		154,575
Presidential Life Corp.		1,000		11,360
Primerica, Inc.		4,500		97,290
Principal Financial Group, Inc.		36,900		1,019,547
ProAssurance Corp. *		3,670		255,616
Protective Life Corp.		10,500		223,230
Prudential Financial, Inc.		60,000		3,520,800
Reinsurance Group of America, Inc.		10,100		587,921
RenaissanceRe Holdings Ltd.		5,800		403,622
RLI Corp.		2,800		176,820
Safety Insurance Group, Inc.		1,000		40,600
Selective Insurance Group, Inc.		5,400		88,506
StanCorp Financial Group, Inc.		5,000		166,300
State Auto Financial Corp.		3,800		63,004
Stewart Information Services Corp.		1,400		14,840
Symetra Financial Corp.		11,500		144,440
The Allstate Corp.		60,874		1,687,427
The Chubb Corp.		37,094		2,317,633
The Hartford Financial Services Group, Inc.		53,400		1,250,628
The Navigators Group, Inc. *		1,500		70,710
The Phoenix Cos., Inc. *		9,500		22,800
The Progressive Corp.		78,700		1,548,816
The Travelers Cos., Inc.		55,050		3,034,906
Torchmark Corp.		15,900		642,201
Tower Group, Inc.		4,000		91,440
Transatlantic Holdings, Inc.		8,437		432,059
United Fire & Casualty Co.		5,000		85,750
Unitrin, Inc.		5,600		157,752
Unum Group		38,914		949,112
Validus Holdings Ltd.		10,920		290,363
W. R. Berkley Corp.		22,950		706,630
White Mountains Insurance Group Ltd.		300		126,417
XL Group plc		40,200		824,904

				66,525,307

Materials 4.3%
A. M. Castle & Co. *		4,000		69,440
A. Schulman, Inc.		5,300		117,395
AbitibiBowater, Inc. *		8,500		155,380
AEP Industries, Inc. *		1,900		51,452
Air Products & Chemicals, Inc.		25,700		2,280,361
Airgas, Inc.		7,500		515,250
AK Steel Holding Corp.		11,527		140,053
Albemarle Corp.		11,000		732,380
Alcoa, Inc.		127,664		1,880,491
Allegheny Technologies, Inc.		11,292		657,081
Allied Nevada Gold Corp. *		4,000		152,400
AMCOL International Corp.		3,000		91,980
AptarGroup, Inc.		6,900		352,245
Arch Chemicals, Inc.		2,700		127,224
Ashland, Inc.		14,523		889,389
Balchem Corp.		3,000		131,310
Ball Corp.		21,400		830,320
Bemis Co., Inc.		13,400		423,440
Boise, Inc.		9,500		65,835
Buckeye Technologies, Inc.		7,700		207,053
Cabot Corp.		13,200		516,120
Calgon Carbon Corp. *		7,000		104,230
Carpenter Technology Corp.		5,000		287,200
Celanese Corp., Series A		18,500		1,019,905
Century Aluminum Co. *		7,100		92,442
CF Industries Holdings, Inc.		8,400		1,304,688
Chase Corp.		200		2,804
Chemtura Corp. *		11,500		202,400
Clearwater Paper Corp. *		786		59,453

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Cliffs Natural Resources, Inc.		16,300		1,464,066
Coeur d’Alene Mines Corp. *		11,500		313,835
Commercial Metals Co.		12,000		174,120
Compass Minerals International, Inc.		5,000		393,700
Crown Holdings, Inc. *		19,900		764,359
Cytec Industries, Inc.		6,600		369,600
Deltic Timber Corp.		3,700		191,845
Domtar Corp.		5,250		419,737
E.I. du Pont de Nemours & Co.		112,695		5,794,777
Eagle Materials, Inc.		4,143		102,954
Eastman Chemical Co.		8,100		782,379
Ecolab, Inc.		27,000		1,350,000
Ferro Corp. *		8,200		106,764
FMC Corp.		9,200		805,644
Freeport-McMoRan Copper & Gold, Inc.		116,244		6,156,282
Graphic Packaging Holding Co. *		4,000		19,800
Greif, Inc., Class A		7,400		451,770
H.B. Fuller Co.		6,500		148,590
Hawkins, Inc.		1,900		65,398
Headwaters, Inc. *		12,000		27,480
Hecla Mining Co. *		28,500		221,445
Horsehead Holding Corp. *		4,000		44,680
Huntsman Corp.		24,500		467,950
Innophos Holdings, Inc.		6,500		313,300
International Flavors & Fragrances, Inc.		9,900		605,583
International Paper Co.		50,304		1,494,029
Intrepid Potash, Inc. *		6,500		216,125
Koppers Holdings, Inc.		2,500		92,550
Kraton Performance Polymers, Inc. *		3,500		126,350
Kronos Worldwide, Inc.		12,120		375,235
Landec Corp. *		6,500		40,170
Louisiana-Pacific Corp. *		13,800		106,950
LSB Industries, Inc. *		3,000		119,220
LyondellBasell Industries N.V., Class A		40,500		1,598,130
Martin Marietta Materials, Inc.		4,200		317,604
Materion Corp. *		4,000		152,480
MeadWestvaco Corp.		19,974		621,990
Minerals Technologies, Inc.		3,100		200,818
Mod-Pac Corp. *		500		2,990
Molycorp, Inc. *		3,500		222,705
Monsanto Co.		69,290		5,091,429
Myers Industries, Inc.		8,080		96,152
Nalco Holding Co.		16,100		569,135
Neenah Paper, Inc.		4,231		85,424
NewMarket Corp.		2,000		328,040
Newmont Mining Corp.		59,251		3,294,948
NL Industries, Inc.		7,800		140,400
Nucor Corp.		33,500		1,302,815
Olin Corp.		7,320		153,061
OM Group, Inc. *		2,400		87,072
Omnova Solutions, Inc. *		6,400		43,264
Owens-Illinois, Inc. *		20,200		468,034
P.H. Glatfelter Co.		7,000		105,630
Packaging Corp. of America		11,000		293,370
Penford Corp. *		6,200		36,022
PolyOne Corp.		15,200		235,600
PPG Industries, Inc.		20,400		1,717,680
Praxair, Inc.		37,300		3,865,772
Reliance Steel & Aluminum Co.		8,500		399,585
Rock-Tenn Co., Class A		7,713		474,041
Rockwood Holdings, Inc. *		5,900		356,773
Royal Gold, Inc.		5,200		333,320
RPM International, Inc.		15,600		328,848
RTI International Metals, Inc. *		4,500		144,315
Schnitzer Steel Industries, Inc., Class A		1,650		83,804
Schweitzer-Mauduit International, Inc.		3,300		185,163
Sealed Air Corp.		18,500		398,305
Sensient Technologies Corp.		4,800		178,176
Sigma-Aldrich Corp.		12,600		845,460
Silgan Holdings, Inc.		11,600		449,848
Solutia, Inc. *		14,000		300,160
Sonoco Products Co.		13,500		432,675
Southern Copper Corp.		25,900		884,744
Spartech Corp. *		8,200		47,150
Steel Dynamics, Inc.		26,000		406,120
Stepan Co.		1,200		95,160
Stillwater Mining Co. *		11,233		171,865
Temple-Inland, Inc.		11,800		354,236
Texas Industries, Inc. (d)		4,000		154,440
The Dow Chemical Co.		139,266		4,856,205
The Lubrizol Corp.		7,900		1,063,340
The Mosaic Co.		16,500		1,166,880
The Scotts Miracle-Gro Co., Class A		5,600		282,576
The Sherwin-Williams Co.		13,000		1,003,210
The Valspar Corp.		10,400		341,848
Titanium Metals Corp.		16,307		290,102
United States Steel Corp.		14,900		595,851
Valhi, Inc.		9,600		520,512
Vulcan Materials Co.		19,592		671,810
W.R. Grace & Co. *		7,000		353,080
Walter Energy, Inc.		7,600		931,532
Wausau Paper Corp.		8,700		64,206
Westlake Chemical Corp.		2,100		108,675
Worthington Industries, Inc.		7,200		150,984
Zep, Inc.		6,600		123,750

				78,165,722

Media 3.1%
AH Belo Corp., Class A		7,880		50,432
AMC Networks, Inc., Class A *		7,400		275,206
Arbitron, Inc.		2,120		82,934
Ascent Capital Group, Inc., Class A *		1,116		53,691
Belo Corp., Class A *		9,400		65,706
Cablevision Systems Corp., Class A		29,600		721,056
Carmike Cinemas, Inc. *		2,500		15,525
CBS Corp., Class B - Non Voting Shares		77,106		2,110,391
Charter Communications, Inc., Class A *		4,500		243,000
Cinemark Holdings, Inc.		6,500		126,685
Clear Channel Outdoor Holdings, Inc., Class A *		28,700		337,225
Comcast Corp., Class A		277,004		6,653,636
Comcast Corp., Special Class A		64,200		1,498,428
Crown Media Holdings, Inc., Class A (d)*		6,000		10,200
Cumulus Media Inc., Class A (d)*		4,351		15,359

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
DIRECTV, Class A *		102,626		5,201,086
Discovery Communications, Inc., Class A *		36,561		1,455,128
DISH Network Corp., Class A *		25,700		761,491
DreamWorks Animation SKG, Inc., Class A *		8,200		179,252
Entercom Communications Corp., Class A *		3,000		23,820
Gannett Co., Inc.		27,000		344,520
Harte-Hanks, Inc.		8,100		66,177
John Wiley & Sons, Inc., Class A		6,300		315,378
Journal Communications, Inc., Class A *		11,500		57,040
Lamar Advertising Co., Class A *		9,200		234,232
Liberty Global, Inc., Series A *		27,575		1,152,635
Liberty Media Corp - Capital, Series A *		11,161		890,759
Liberty Media-Starz, Series A *		4,464		342,657
Live Nation Entertainment, Inc. *		15,457		171,573
Martha Stewart Living Omnimedia, Inc., Class A (d)*		3,900		15,990
Media General, Inc., Class A *		5,000		13,650
Meredith Corp.		3,800		113,430
Morningstar, Inc.		3,200		199,552
News Corp., Class A		282,150		4,520,043
Omnicom Group, Inc.		36,600		1,717,272
Regal Entertainment Group, Class A (d)		12,100		154,759
Salem Communications Corp., Class A		900		2,934
Scholastic Corp.		2,200		63,184
Scripps Networks Interactive, Class A		12,000		556,080
Sinclair Broadcast Group, Inc., Class A		7,300		72,343
Sirius XM Radio, Inc. *		472,800		997,608
The E.W. Scripps Co., Class A *		7,000		60,340
The Interpublic Group of Cos., Inc.		55,937		548,742
The Madison Square Garden, Inc., Class A *		7,275		192,787
The McGraw-Hill Cos., Inc.		39,600		1,647,360
The New York Times Co., Class A *		13,200		113,256
The Walt Disney Co.		215,893		8,337,788
The Washington Post Co., Class B		600		241,380
Time Warner Cable, Inc.		42,711		3,131,143
Time Warner, Inc.		135,350		4,758,906
Valassis Communications, Inc. *		5,700		152,760
Viacom Inc., Class B		65,106		3,152,433
Virgin Media, Inc.		35,000		926,100
World Wrestling Entertainment, Inc., Class A		4,900		49,343

				55,194,405

Pharmaceuticals, Biotechnology & Life Sciences 7.0%
Abbott Laboratories		189,805		9,740,793
Acorda Therapeutics, Inc. *		5,000		142,000
Acura Pharmaceuticals, Inc. (d)*		4,500		13,680
Adolor Corp. *		8,700		19,314
Affymax, Inc. *		2,900		19,169
Affymetrix, Inc. *		13,400		75,710
Agilent Technologies, Inc. *		43,317		1,826,245
Albany Molecular Research, Inc. *		8,600		41,108
Alexion Pharmaceuticals, Inc. *		22,400		1,272,320
Alkermes, Inc. *		11,500		198,260
Allergan, Inc.		37,468		3,046,523
Allos Therapeutics, Inc. *		11,000		20,460
Alnylam Pharmaceuticals, Inc. *		7,400		69,412
AMAG Pharmaceuticals, Inc. *		3,000		44,430
Amgen, Inc. *		115,268		6,305,160
Amicus Therapeutics, Inc. *		500		3,470
Amylin Pharmaceuticals, Inc. *		15,400		183,414
Arena Pharmaceuticals, Inc. *		6,300		10,143
ARIAD Pharmaceuticals, Inc. *		14,500		172,405
ArQule, Inc. *		8,800		49,280
Auxilium Pharmaceuticals, Inc. *		5,000		93,700
AVEO Pharmaceuticals, Inc. *		5,000		95,550
Bio-Rad Laboratories, Inc., Class A *		3,000		327,000
BioCryst Pharmaceuticals, Inc. *		4,900		16,660
Biogen Idec, Inc. *		31,125		3,170,704
BioMarin Pharmaceuticals, Inc. *		12,800		399,744
Bristol-Myers Squibb Co.		212,450		6,088,817
Bruker Corp. *		14,600		251,412
Caliper Life Sciences, Inc. *		11,200		91,280
Cambrex Corp. *		16,400		72,324
Celgene Corp. *		58,445		3,465,789
Cephalon, Inc. *		9,000		719,460
Cepheid, Inc. *		6,500		245,440
Charles River Laboratories International, Inc. *		7,416		293,303
Codexis, Inc. *		1,870		16,830
Covance, Inc. *		8,800		503,800
Cubist Pharmaceuticals, Inc. *		8,900		302,333
Dendreon Corp. *		16,900		623,610
Durect Corp. *		14,500		29,870
Dyax Corp. *		7,000		11,480
Eli Lilly & Co.		119,900		4,592,170
Emergent Biosolutions, Inc. *		6,000		123,900
Endo Pharmaceuticals Holdings, Inc. *		13,000		484,250
Enzo Biochem, Inc. *		9,281		35,639
Enzon Pharmaceuticals, Inc. *		10,900		105,948
eResearch Technology, Inc. *		9,125		58,126
Exelixis, Inc. *		14,800		113,960
Forest Laboratories, Inc. *		34,300		1,271,158
Furiex Pharmaceuticals, Inc. *		1,000		18,960
Genomic Health, Inc. *		5,000		134,250
Geron Corp. *		11,500		44,275
Gilead Sciences, Inc. *		99,640		4,220,750
GTX, Inc. *		3,000		12,570
Halozyme Therapeutics, Inc. *		9,000		62,460
Harvard Bioscience, Inc. *		6,500		32,890
Hospira, Inc. *		21,070		1,077,098
Human Genome Sciences, Inc. *		22,600		474,826
Illumina, Inc. *		15,200		949,240
ImmunoGen, Inc. *		10,000		135,300
Impax Laboratories, Inc. *		8,500		180,030
Incyte Corp. *		15,100		263,344
InterMune, Inc. *		4,600		153,548
Ironwood Pharmaceuticals, Inc. *		6,000		89,700
Isis Pharmaceuticals, Inc. *		10,300		88,992
Jazz Pharmaceuticals, Inc. *		5,000		202,350
Johnson & Johnson		335,670		21,748,059
Lexicon Pharmaceuticals, Inc. *		42,400		71,232

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Life Technologies Corp. *		23,362		1,051,991
Ligand Pharmaceuticals, Inc. *		448		6,102
Luminex Corp. *		7,800		158,730
MannKind Corp. (d)*		7,000		23,240
MAP Pharmaceuticals, Inc. *		4,000		61,440
Maxygen, Inc.		10,000		54,300
Medicis Pharmaceutical Corp., Class A		7,900		293,722
Medivation, Inc. *		5,000		106,100
Merck & Co., Inc.		377,970		12,900,116
Mettler-Toledo International, Inc. *		4,800		743,088
Momenta Pharmaceuticals, Inc. *		4,000		70,640
Mylan, Inc. *		52,900		1,205,062
Myrexis, Inc. *		7,200		24,408
Myriad Genetics, Inc. *		14,800		314,796
Nabi Biopharmaceuticals *		10,300		20,291
Nektar Therapeutics *		13,300		85,652
Neurocrine Biosciences, Inc. *		10,900		84,257
NPS Pharmacuticals, Inc. *		7,500		72,450
Onyx Pharmaceuticals, Inc. *		7,500		247,350
Pain Therapeutics, Inc. *		7,400		35,668
Par Pharmaceutical Cos., Inc. *		8,900		288,271
PAREXEL International Corp. *		7,800		160,134
PDL BioPharma, Inc.		16,000		99,040
PerkinElmer, Inc.		14,477		354,107
Perrigo Co.		10,300		930,193
Pfizer, Inc.		987,801		19,005,291
Pharmaceutical Product Development, Inc.		14,000		403,620
Pharmasset, Inc. *		4,500		546,210
POZEN, Inc. *		4,800		21,360
Questcor Pharmaceuticals, Inc. *		8,000		248,400
Regeneron Pharmaceuticals, Inc. *		9,200		488,152
Salix Pharmaceuticals Ltd. *		7,000		271,460
Sangamo BioSciences, Inc. (d)*		4,700		25,474
Savient Pharmaceuticals, Inc. *		6,800		47,600
Seattle Genetics, Inc. *		11,500		195,845
Sequenom, Inc. *		15,000		105,900
Sucampo Pharmaceuticals, Inc., Class A *		6,500		26,130
SuperGen, Inc. *		5,900		18,054
Synta Pharmaceuticals Corp. *		8,500		39,695
Techne Corp.		3,800		288,002
The Medicines Co. *		8,300		124,334
Theravance, Inc. *		9,700		207,386
Thermo Fisher Scientific, Inc. *		48,602		2,920,494
United Therapeutics Corp. *		6,000		344,280
Vertex Pharmaceuticals, Inc. *		25,144		1,303,968
Vical, Inc. *		6,600		31,746
ViroPharma, Inc. *		13,000		235,040
VIVUS, Inc. *		8,500		69,785
Warner Chilcott plc, Class A		17,000		357,340
Waters Corp. *		10,700		940,423
Watson Pharmaceuticals, Inc. *		15,732		1,056,089
XenoPort, Inc. *		2,500		17,725
Zalicus, Inc. *		10,500		24,150

				125,572,528

Real Estate 3.1%
Acadia Realty Trust		6,000		125,940
Alexander’s, Inc.		700		280,700
Alexandria Real Estate Equities, Inc.		7,500		615,000
American Assets Trust, Inc.		3,000		65,970
American Campus Communities, Inc.		7,500		279,150
American Capital Agency Corp.		16,700		466,264
American Realty Investors, Inc. *		1,537		3,228
Annaly Capital Management, Inc.		96,600		1,620,948
Anworth Mortgage Asset Corp.		24,200		167,706
Apartment Investment & Management Co., Class A		13,711		374,310
Ashford Hospitality Trust		6,000		65,400
AvalonBay Communities, Inc.		10,292		1,381,083
Avatar Holdings, Inc. *		4,500		68,850
BioMed Realty Trust, Inc.		17,000		333,540
Boston Properties, Inc.		17,900		1,921,744
Brandywine Realty Trust		14,863		178,207
BRE Properties, Inc.		8,000		419,840
Brookfield Office Properties		35,200		667,040
Camden Property Trust		7,800		523,146
Capstead Mortgage Corp.		9,240		116,794
CB Richard Ellis Group, Inc., Class A *		36,500		795,700
CBL & Associates Properties, Inc.		16,485		292,774
Chimera Investment Corp.		119,900		369,292
Colonial Properties Trust		10,067		216,944
CommonWealth REIT		8,850		209,037
Consolidated-Tomoka Land Co.		1,100		32,098
Corporate Office Properties Trust		9,000		279,630
Cousins Properties, Inc.		9,145		77,824
CreXus Investment Corp.		9,000		94,590
Cypress Sharpridge Investments, Inc.		8,500		104,635
DCT Industrial Trust, Inc.		29,300		158,806
Developers Diversified Realty Corp.		27,784		405,924
DiamondRock Hospitality Co.		19,786		202,213
Digital Realty Trust, Inc.		12,000		734,520
Douglas Emmett, Inc.		14,000		280,000
Duke Realty Corp.		30,290		425,272
DuPont Fabros Technology, Inc.		7,500		191,175
EastGroup Properties, Inc.		3,900		173,628
Entertainment Properties Trust		5,200		241,748
Equity Lifestyle Properties, Inc.		6,000		390,960
Equity One, Inc.		12,100		234,740
Equity Residential		37,500		2,318,250
Essex Property Trust, Inc.		3,800		533,368
Extra Space Storage, Inc.		11,000		233,860
Federal Realty Investment Trust		8,200		716,188
FelCor Lodging Trust, Inc. *		12,200		62,708
First Industrial Realty Trust, Inc. *		15,900		188,415
First Potomac Realty Trust		6,000		93,720
Forest City Enterprises, Inc., Class A *		15,400		277,354
Forestar Group, Inc. *		2,933		47,808
Franklin Street Properties Corp.		14,000		176,540
General Growth Properties, Inc.		48,409		813,755
Getty Realty Corp.		2,000		46,400
Glimcher Realty Trust		12,300		121,155
Government Properties Income Trust		3,000		74,190
Gramercy Capital Corp. *		9,528		26,107
Hatteras Financial Corp.		9,000		241,380
HCP, Inc.		50,048		1,838,263

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Health Care REIT, Inc.		23,200		1,224,496
Healthcare Realty Trust, Inc.		7,900		154,840
Hersha Hospitality Trust		13,500		70,740
Highwoods Properties, Inc.		8,600		296,098
Home Properties, Inc.		5,500		360,360
Hospitality Properties Trust		14,600		368,650
Host Hotels & Resorts, Inc.		82,263		1,303,868
Howard Hughes Corp. *		3,500		211,610
Inland Real Estate Corp.		8,500		74,970
Invesco Mortgage Capital, Inc.		9,000		176,220
Investors Real Estate Trust		8,000		65,040
iStar Financial, Inc. *		9,390		65,824
Jones Lang LaSalle, Inc.		5,300		451,136
Kilroy Realty Corp.		6,800		262,344
Kimco Realty Corp.		49,595		943,793
LaSalle Hotel Properties		8,600		215,086
Lexington Realty Trust		14,367		120,683
Liberty Property Trust		13,300		451,668
LTC Properties, Inc.		2,800		76,020
Mack-Cali Realty Corp.		11,400		379,278
Maui Land & Pineapple Co., Inc. *		800		4,152
Medical Properties Trust, Inc.		12,300		144,648
MFA Financial, Inc.		41,000		307,090
Mid-America Apartment Communities, Inc.		5,500		389,345
Mission West Properties, Inc.		3,500		28,350
MPG Office Trust, Inc. *		18,500		61,235
National Health Investors, Inc.		6,100		277,489
National Retail Properties, Inc.		9,320		233,839
New Century Financial Corp. (a)(c)*		3,600		—
OMEGA Healthcare Investors, Inc.		12,284		241,258
Parkway Properties, Inc.		3,500		61,705
Pebblebrook Hotel Trust		5,000		98,850
Pennsylvania REIT		5,500		80,300
PennyMac Mortgage Investment Trust		6,000		96,060
Piedmont Office Realty Trust, Inc., Class A		20,000		411,000
Plum Creek Timber Co., Inc.		20,547		785,306
PMC Commercial Trust		4,500		38,520
Post Properties, Inc.		5,200		220,480
Potlatch Corp.		5,753		191,115
ProLogis, Inc.		51,534		1,836,156
PS Business Parks, Inc.		3,000		170,430
Public Storage		17,090		2,044,477
RAIT Financial Trust (d)		5,599		31,130
Ramco-Gershenson Properties Trust		4,900		60,123
Rayonier, Inc.		9,388		605,057
Realty Income Corp.		16,600		538,836
Redwood Trust, Inc.		8,500		121,805
Regency Centers Corp.		10,700		480,644
Sabra Health Care REIT, Inc.		8,000		115,280
Saul Centers, Inc.		5,100		201,195
Senior Housing Properties Trust		17,450		417,753
Simon Property Group, Inc.		35,783		4,312,209
SL Green Realty Corp.		9,750		799,695
Sovran Self Storage, Inc.		3,800		154,090
Starwood Property Trust, Inc.		11,300		219,220
Strategic Hotel & Resorts, Inc. *		15,000		102,000
Sun Communities, Inc.		3,000		114,810
Sunstone Hotel Investors, Inc. *		13,000		115,830
Tanger Factory Outlet Centers, Inc.		9,200		252,540
Taubman Centers, Inc.		7,100		425,290
Tejon Ranch Co. *		3,674		117,899
The Macerich Co.		14,805		786,590
The St. Joe Co. (d)*		12,900		228,459
Two Harbors Investment Corp.		10,200		99,960
U-Store-It Trust		8,000		85,200
UDR, Inc.		23,861		627,783
UMH Properties, Inc.		4,100		43,788
Universal Health Realty Income Trust		3,900		160,719
Urstadt Biddle Properties		500		8,385
Urstadt Biddle Properties, Class A		4,500		79,830
Ventas, Inc.		32,750		1,772,757
Vornado Realty Trust		21,641		2,024,515
Walter Investment Management Corp.		5,289		127,941
Washington REIT		8,100		259,362
Weingarten Realty Investors		14,475		372,297
Weyerhaeuser Co.		66,592		1,331,174
Winthrop Realty Trust		10,000		110,600

				55,695,126

Retailing 3.8%
99 Cents Only Stores *		6,066		119,804
Aaron’s, Inc.		9,375		236,344
Abercrombie & Fitch Co., Class A		11,800		862,816
Advance Auto Parts, Inc.		9,540		524,414
Aeropostale, Inc. *		9,900		166,815
Amazon.com, Inc. *		42,400		9,434,848
America’s Car-Mart, Inc. *		3,750		126,900
American Eagle Outfitters, Inc.		24,150		317,331
Ann, Inc. *		9,825		254,860
Asbury Automotive Group, Inc. *		4,100		88,273
Ascena Retail Group, Inc. *		6,818		220,358
Audiovox Corp., Class A *		1,600		11,504
AutoNation, Inc. (d)*		6,600		248,226
AutoZone, Inc. *		4,100		1,170,345
Barnes & Noble, Inc.		7,400		128,760
Bed Bath & Beyond, Inc. *		30,700		1,795,643
Best Buy Co., Inc.		39,225		1,082,610
Big Lots, Inc. *		11,100		386,613
Brown Shoe Co., Inc.		6,675		67,418
Cabela’s, Inc. *		3,500		95,760
CarMax, Inc. *		27,546		880,646
Charming Shoppes, Inc. *		10,200		41,820
Chico’s FAS, Inc.		19,800		298,782
Christopher & Banks Corp.		2,900		18,270
Coldwater Creek, Inc. *		8,502		10,713
Collective Brands, Inc. *		5,906		69,573
Destination Maternity Corp.		5,000		82,100
Dick’s Sporting Goods, Inc. *		11,000		407,000
Dillard’s, Inc., Class A		8,500		478,210
Dollar Tree, Inc. *		14,975		991,794
DSW, Inc., Class A *		9,980		528,740
Duckwall-ALCO Stores, Inc. *		1,800		20,160
Expedia, Inc.		31,345		993,323
Family Dollar Stores, Inc.		15,700		833,827
Foot Locker, Inc.		20,100		436,773
GameStop Corp., Class A *		17,548		413,782
Geeknet, Inc. *		452		11,137

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Genesco, Inc. *		4,300		222,740
Genuine Parts Co.		20,500		1,089,780
Group 1 Automotive, Inc.		1,400		66,682
Guess?, Inc.		7,900		301,148
Hibbett Sports, Inc. *		3,543		139,027
HSN, Inc. *		6,269		204,934
J.C. Penney Co., Inc.		27,400		842,824
Kirkland’s, Inc. *		6,000		64,740
Kohl’s Corp.		33,300		1,821,843
Liberty Media Corp. - Interactive, Class A *		72,309		1,186,591
Limited Brands, Inc.		33,520		1,269,067
Lithia Motors, Inc., Class A		700		14,448
LKQ Corp. *		18,000		442,260
Lowe’s Cos., Inc.		170,000		3,668,600
Macy’s, Inc.		51,452		1,485,419
MarineMax, Inc. *		800		7,352
Midas, Inc. *		6,800		37,128
Monro Muffler Brake, Inc.		2,362		84,465
Netflix, Inc. *		6,000		1,595,940
Nordstrom, Inc.		20,600		1,033,296
O’Reilly Automotive, Inc. *		17,899		1,064,990
Office Depot, Inc. *		26,000		98,280
OfficeMax, Inc. *		9,400		66,552
Pacific Sunwear of California, Inc. *		7,475		20,855
Penske Automotive Group, Inc.		5,000		110,650
PetSmart, Inc.		14,100		606,582
Pool Corp.		5,662		151,459
Priceline.com, Inc. *		5,983		3,216,760
RadioShack Corp.		13,700		190,704
Rent-A-Center, Inc.		7,750		209,637
Ross Stores, Inc.		13,400		1,015,318
Saks, Inc. *		10,800		115,992
Sally Beauty Holdings, Inc. *		9,950		171,140
Sears Holdings Corp. (d)*		6,385		444,843
Shoe Carnival, Inc. *		4,200		132,678
Signet Jewelers Ltd. *		9,500		406,980
Sonic Automotive, Inc., Class A		4,400		68,948
Stage Stores, Inc.		5,700		101,460
Staples, Inc.		87,300		1,402,038
Stein Mart, Inc.		6,800		64,600
Systemax, Inc. *		2,500		40,725
Target Corp.		78,300		4,031,667
The Buckle, Inc.		5,875		260,321
The Cato Corp., Class A		7,300		203,086
The Children’s Place Retail Stores, Inc. *		1,800		86,976
The Finish Line, Inc., Class A		5,061		107,799
The Gap, Inc.		48,900		943,281
The Home Depot, Inc.		201,570		7,040,840
The Men’s Wearhouse, Inc.		6,600		216,414
The Pep Boys - Manny, Moe & Jack		5,000		53,750
The Talbots, Inc. *		5,700		19,722
The TJX Cos., Inc.		48,400		2,676,520
Tiffany & Co.		14,500		1,154,055
Tractor Supply Co.		8,000		527,360
Trans World Entertainment Corp. *		1,500		3,075
Tuesday Morning Corp. *		2,500		10,750
Ulta Salon, Cosmetics & Fragrance, Inc. *		7,000		441,210
Urban Outfitters, Inc. *		15,800		514,132
West Marine, Inc. *		5,500		56,375
Wet Seal, Inc., Class A *		11,500		56,235
Williams-Sonoma, Inc.		12,200		451,644
Winmark Corp.		1,200		54,252
Zale Corp. *		10,520		59,017

				68,104,248

Semiconductors & Semiconductor Equipment 2.6%
Advanced Energy Industries, Inc. *		6,900		73,209
Advanced Micro Devices, Inc. *		68,200		500,588
Altera Corp.		39,900		1,631,112
Amkor Technology, Inc. *		14,400		76,752
Amtech Systems, Inc. *		3,500		62,825
ANADIGICS, Inc. *		8,150		25,591
Analog Devices, Inc.		35,200		1,210,880
Applied Materials, Inc.		160,098		1,972,407
Applied Micro Circuits Corp. *		7,000		44,170
Atmel Corp. *		56,400		682,440
ATMI, Inc. *		4,400		82,060
AXT, Inc. *		3,500		30,555
Broadcom Corp., Class A *		57,200		2,120,404
Brooks Automation, Inc. *		8,085		76,888
Cabot Microelectronics Corp. *		2,160		83,570
Cavium, Inc. *		4,000		137,960
CEVA, Inc. *		3,433		103,745
Cirrus Logic, Inc. *		6,800		103,224
Cohu, Inc.		4,600		57,592
Cree, Inc. *		12,000		394,320
Cymer, Inc. *		4,200		184,926
Cypress Semiconductor Corp. *		19,500		401,310
Diodes, Inc. *		6,412		151,003
DSP Group, Inc. *		6,300		47,817
Energy Conversion Devices, Inc. (d)*		600		630
Entegris, Inc. *		14,299		122,542
Entropic Communications, Inc. *		8,000		53,440
Evergreen Solar, Inc. (d)*		167		53
Exar Corp. *		9,834		65,003
Fairchild Semiconductor International, Inc. *		14,600		219,146
FEI Co. *		4,500		148,680
First Solar, Inc. (d)*		6,900		815,787
FormFactor, Inc. *		8,500		78,115
GSI Technology, Inc. *		8,500		54,570
GT Solar International, Inc. *		7,500		102,300
Hittite Microwave Corp. *		4,500		251,955
Integrated Device Technology, Inc. *		16,120		110,261
Integrated Silicon Solutions, Inc. *		6,038		53,678
Intel Corp.		673,832		15,046,669
International Rectifier Corp. *		8,600		220,934
Intersil Corp., Class A		15,364		185,136
IXYS Corp. *		6,900		94,116
KLA-Tencor Corp.		19,500		776,490
Kopin Corp. *		2,500		10,750
Kulicke & Soffa Industries, Inc. *		10,400		95,680
Lam Research Corp. *		15,600		637,728
Lattice Semiconductor Corp. *		12,100		75,020
Linear Technology Corp.		25,000		732,500
LSI Corp. *		73,387		540,128
Marvell Technology Group Ltd. *		65,400		969,228
Maxim Integrated Products, Inc.		38,000		872,480
MEMC Electronic Materials, Inc. *		27,300		202,566
Micrel, Inc.		6,800		69,020

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Microchip Technology, Inc.		21,975		741,656
Micron Technology, Inc. *		116,199		856,387
Microsemi Corp. *		10,652		211,442
MIPS Technologies, Inc. *		7,100		50,978
MKS Instruments, Inc.		6,300		157,185
Monolithic Power Systems *		6,500		87,685
MoSys, Inc. *		1,200		6,396
Nanometrics, Inc. *		3,300		55,737
National Semiconductor Corp.		29,200		721,824
Netlogic Microsystems, Inc. *		9,000		310,950
Novellus Systems, Inc. *		11,171		346,748
NVIDIA Corp. *		72,000		995,760
OmniVision Technologies, Inc. *		7,800		228,072
ON Semiconductor Corp. *		54,665		475,039
Pericom Semiconductor Corp. *		6,600		53,988
Photronics, Inc. *		12,900		96,492
PLX Technology, Inc. *		1,300		4,433
PMC-Sierra, Inc. *		27,300		190,827
Power Integrations, Inc.		3,000		106,470
Rambus, Inc. *		13,700		190,156
RF Micro Devices, Inc. *		30,020		202,635
Rudolph Technologies, Inc. *		4,318		37,092
Semtech Corp. *		8,000		186,400
Silicon Image, Inc. *		9,000		51,570
Silicon Laboratories, Inc. *		5,000		177,050
Skyworks Solutions, Inc. *		22,689		574,259
Spansion, Inc. *		4,000		72,720
Standard Microsystems Corp. *		3,600		85,176
SunPower Corp., Class A (d)*		13,300		261,079
Supertex, Inc. *		4,900		94,962
Teradyne, Inc. *		21,559		290,831
Tessera Technologies, Inc. *		6,000		94,260
Texas Instruments, Inc.		143,397		4,266,061
TriQuint Semiconductor, Inc. *		19,310		145,211
Ultratech, Inc. *		4,800		126,480
Varian Semiconductor Equipment Associates, Inc. *		9,875		599,808
Veeco Instruments, Inc. (d)*		5,500		218,845
Volterra Semiconductor Corp. *		3,000		77,310
Xilinx, Inc.		31,600		1,014,360
Zoran Corp. *		7,261		60,266

				47,384,553

Software & Services 8.9%
Accelrys, Inc. *		13,264		96,429
Accenture plc, Class A		85,500		5,056,470
ACI Worldwide, Inc. *		5,200		188,032
Activision Blizzard, Inc.		99,732		1,180,827
Actuate Corp. *		5,862		35,582
Acxiom Corp. *		13,300		182,742
Adobe Systems, Inc. *		62,210		1,724,461
Advent Software, Inc. *		8,200		190,486
Akamai Technologies, Inc. *		22,138		536,182
Alliance Data Systems Corp. *		6,600		649,044
Ancestry.com, Inc. *		3,000		106,830
ANSYS, Inc. *		10,786		545,772
AOL, Inc. *		14,122		242,616
Ariba, Inc. *		11,570		382,620
Aspen Technology, Inc. *		11,500		178,250
Autodesk, Inc. *		27,300		939,120
Automatic Data Processing, Inc.		59,600		3,068,804
Blackbaud, Inc.		6,000		152,400
Blackboard, Inc. *		3,000		130,680
BMC Software, Inc. *		29,000		1,253,380
Bottomline Technologies, Inc. *		5,000		116,450
Broadridge Financial Solutions, Inc.		15,025		346,477
CA, Inc.		50,508		1,126,328
CACI International, Inc., Class A *		4,100		242,228
Cadence Design Systems, Inc. *		30,100		310,933
Cardtronics, Inc. *		5,000		114,900
CIBER, Inc. *		7,300		36,646
Citrix Systems, Inc. *		22,000		1,584,880
Cognizant Technology Solutions Corp., Class A *		38,200		2,669,034
Computer Sciences Corp.		18,238		643,437
Compuware Corp. *		27,900		269,514
Constant Contact, Inc. *		3,000		56,790
Convergys Corp. *		13,500		167,940
CoreLogic, Inc. *		13,800		217,764
CSG Systems International, Inc. *		5,400		95,904
DealerTrack Holdings, Inc. *		6,100		141,459
Deltek, Inc. *		3,000		21,480
Digimarc Corp. *		2,142		85,059
Digital River, Inc. *		5,100		130,050
DST Systems, Inc.		8,100		414,639
Dynamics Research Corp. *		1,200		14,508
EarthLink, Inc.		17,050		137,082
EasyLink Services International Corp., Class A *		12,500		66,250
eBay, Inc. *		136,848		4,481,772
Ebix, Inc. (d)*		3,000		59,070
Edgewater Technology, Inc. *		767		2,102
Electronic Arts, Inc. *		40,400		898,900
EPIQ Systems, Inc.		3,825		49,419
Equinix, Inc. *		5,565		581,376
Euronet Worldwide, Inc. *		5,500		94,380
Exlservice Holdings, Inc. *		8,000		186,720
FactSet Research Systems, Inc.		5,250		483,473
Fair Isaac Corp.		7,744		230,384
FalconStor Software, Inc. *		1,200		5,160
Fidelity National Information Services, Inc.		38,506		1,155,950
Fiserv, Inc. *		18,300		1,104,588
Forrester Research, Inc.		4,100		129,560
Fortinet, Inc. *		10,000		203,200
Gartner, Inc. *		10,300		380,173
Genpact Ltd. *		15,000		247,500
Global Cash Access Holdings, Inc. *		21,600		60,696
Global Payments, Inc.		9,240		438,068
Google, Inc., Class A *		31,450		18,986,050
GSE Systems, Inc. *		2,424		5,381
Hackett Group, Inc. *		1,700		7,429
IAC/InterActiveCorp *		15,672		648,664
iGATE Corp.		9,600		143,904
Informatica Corp. *		12,200		623,786
Information Services Group, Inc. *		7,500		12,225
InfoSpace, Inc. *		3,872		36,900
Interactive Intelligence Group *		7,500		285,075
Internap Network Services Corp. *		9,500		59,090
International Business Machines Corp.		149,510		27,188,393
IntraLinks Holdings, Inc. *		3,000		45,840
Intuit, Inc. *		36,430		1,701,281

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
j2 Global Communications, Inc. *		6,000		160,440
Jack Henry & Associates, Inc.		9,300		269,235
JDA Software Group, Inc. *		4,500		125,820
Lender Processing Services, Inc.		11,157		210,086
Lionbridge Technologies, Inc. *		12,400		40,300
LookSmart Ltd. *		480		701
Magma Design Automation, Inc. *		10,700		79,608
Manhattan Associates, Inc. *		4,300		160,390
ManTech International Corp., Class A		5,000		204,000
Mastech Holdings, Inc. *		640		2,848
MasterCard, Inc., Class A		12,800		3,881,600
Mattersight Corp. *		190		1,393
MAXIMUS, Inc.		8,400		324,492
Mentor Graphics Corp. *		11,200		128,016
MICROS Systems, Inc. *		22,000		1,077,340
Microsoft Corp.		912,750		25,009,350
MicroStrategy, Inc., Class A *		856		136,421
ModusLink Global Solutions, Inc.		10,450		43,786
MoneyGram International, Inc. *		15,500		52,080
Monotype Imaging Holdings, Inc. *		4,500		61,650
Monster Worldwide, Inc. *		14,300		167,882
Move, Inc. *		34,520		70,766
NetScout Systems, Inc. *		7,300		111,325
NetSuite, Inc. *		3,500		137,235
NeuStar, Inc., Class A *		9,300		242,172
Nuance Communications, Inc. *		28,474		569,765
OpenTable, Inc. *		2,500		177,150
Openwave Systems, Inc. *		7,771		17,485
OPNET Technologies, Inc.		5,100		174,981
Oracle Corp.		467,949		14,309,880
Parametric Technology Corp. *		12,680		263,617
Paychex, Inc.		38,900		1,098,147
PRGX Global, Inc. *		2,000		13,040
Progress Software Corp. *		9,300		224,130
Quest Software, Inc. *		7,700		146,146
Rackspace Hosting, Inc. *		12,500		500,000
Radiant Systems, Inc. *		6,800		191,692
RealNetworks, Inc. *		18,900		63,882
Red Hat, Inc. *		22,600		951,008
Reis, Inc. *		1,400		14,840
Renaissance Learning, Inc.		2,100		26,985
RightNow Technologies, Inc. *		3,000		101,820
Rovi Corp. *		12,812		678,652
S1 Corp. *		12,930		121,542
Saba Software, Inc. *		4,549		35,300
SAIC, Inc. *		44,000		705,320
Salesforce.com, Inc. *		14,300		2,069,353
Sapient Corp. *		12,100		168,432
Solera Holdings, Inc.		8,000		447,040
StarTek, Inc. *		3,900		14,040
Support.com, Inc. *		11,600		37,352
Symantec Corp. *		93,673		1,785,407
Synopsys, Inc. *		18,684		447,855
Syntel, Inc.		2,500		137,425
Take-Two Interactive Software, Inc. *		9,000		121,410
Taleo Corp., Class A *		4,500		148,950
TeleCommunication Systems, Inc., Class A *		10,800		54,864
TeleTech Holdings, Inc. *		5,000		98,950
Teradata Corp. *		23,800		1,308,048
The Ultimate Software Group, Inc. *		3,000		163,140
THQ, Inc. *		11,925		31,780
TIBCO Software, Inc. *		21,000		546,840
TiVo, Inc. *		13,000		122,200
Total System Services, Inc.		28,204		524,876
Tyler Technologies, Inc. *		4,000		101,960
Unisys Corp. *		4,000		83,080
United Online, Inc.		12,150		72,536
ValueClick, Inc. *		8,500		153,510
VeriFone Systems, Inc. *		11,600		456,692
VeriSign, Inc.		20,875		651,509
Virtusa Corp. *		3,000		58,980
Visa, Inc., Class A		59,900		5,123,846
VistaPrint N.V. *		4,500		120,150
VMware, Inc., Class A *		13,100		1,314,454
Web.com Group, Inc. *		223		1,938
WebMD Health Corp. *		7,074		249,359
Websense, Inc. *		7,500		170,100
Western Union Co.		81,932		1,590,300
Wright Express Corp. *		4,500		221,400
Yahoo!, Inc. *		150,144		1,966,886

				160,035,968

Technology Hardware & Equipment 6.7%
Acme Packet, Inc. *		4,000		235,680
ADTRAN, Inc.		7,000		231,630
Agilysys, Inc. *		4,860		46,510
Amphenol Corp., Class A		21,600		1,056,024
Anaren, Inc. *		5,300		106,053
Anixter International, Inc.		3,300		205,986
Apple, Inc. *		112,200		43,811,856
Arris Group, Inc. *		12,775		153,300
Arrow Electronics, Inc. *		14,000		486,500
Aruba Networks, Inc. *		10,200		234,090
Aviat Networks, Inc. *		10,677		41,320
Avid Technology, Inc. *		3,756		49,166
Avnet, Inc. *		17,788		521,188
AVX Corp.		14,000		194,880
Benchmark Electronics, Inc. *		7,830		114,710
Black Box Corp.		1,700		48,433
Blue Coat Systems, Inc. *		4,180		84,227
Brightpoint, Inc. *		7,454		67,757
Brocade Communications Systems, Inc. *		56,535		309,812
Checkpoint Systems, Inc. *		4,600		72,220
Ciena Corp. *		9,970		154,136
Cisco Systems, Inc.		676,009		10,795,864
Cognex Corp.		4,900		166,355
Coherent, Inc. *		2,800		134,484
Comtech Telecommunications Corp.		2,175		58,616
Corning, Inc.		191,807		3,051,649
CTS Corp.		8,800		86,504
Daktronics, Inc.		8,700		86,391
DDi Corp.		5,501		45,273
Dell, Inc. *		206,400		3,351,936
DG Fastchannel, Inc. *		3,000		84,780
Diebold, Inc.		7,300		220,752
Digi International, Inc. *		6,000		85,740
Dolby Laboratories, Inc., Class A *		8,800		372,768
DTS, Inc. *		2,000		69,440
Echelon Corp. *		7,200		59,688
EchoStar Corp., Class A *		7,540		252,288

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Electro Rent Corp.		5,100		82,416
Electro Scientific Industries, Inc. *		4,800		92,208
Electronics for Imaging, Inc. *		6,400		110,144
EMC Corp. *		247,686		6,459,651
EMS Technologies, Inc. *		4,500		147,960
Emulex Corp. *		8,900		75,205
Extreme Networks, Inc. *		19,500		66,105
F5 Networks, Inc. *		9,700		906,756
Finisar Corp. *		9,000		153,360
FLIR Systems, Inc.		18,600		510,756
Frequency Electronics, Inc. *		500		5,235
Gerber Scientific, Inc. *		8,900		98,078
Harmonic, Inc. *		9,842		53,442
Harris Corp.		17,000		677,790
Hewlett-Packard Co.		265,636		9,339,762
Hutchinson Technology, Inc. *		6,000		18,780
I.D. Systems, Inc. *		5,500		27,170
Identive Group, Inc. (d)*		1,200		2,544
Imation Corp. *		5,500		45,760
Immersion Corp. *		4,300		39,345
Infinera Corp. *		10,500		67,515
Ingram Micro, Inc., Class A *		19,900		369,145
Insight Enterprises, Inc. *		4,650		78,260
Intellicheck Mobilisa, Inc. *		500		620
InterDigital, Inc.		4,500		307,125
Intermec, Inc. *		5,600		60,368
IPG Photonics Corp. *		2,900		174,551
Itron, Inc. *		4,500		193,680
Ixia *		8,200		82,000
Jabil Circuit, Inc.		25,400		465,074
JDS Uniphase Corp. *		26,053		342,597
Juniper Networks, Inc. *		63,565		1,486,785
LeCroy Corp. *		5,400		54,918
Lexmark International, Inc., Class A *		10,900		365,913
LightPath Technologies, Inc., Class A *		75		156
Littelfuse, Inc.		2,000		102,180
Maxwell Technologies, Inc. *		4,500		75,915
Measurement Specialties, Inc. *		3,200		104,512
Mercury Computer Systems, Inc. *		3,600		60,444
Methode Electronics, Inc.		6,600		69,828
MOCON, Inc.		600		10,134
Molex, Inc.		16,125		378,615
Motorola Mobility Holdings, Inc. *		35,556		795,743
Motorola Solutions, Inc. *		38,779		1,740,789
MTS Systems Corp.		3,781		149,009
Multi-Fineline Electronix, Inc. *		2,500		50,775
National Instruments Corp.		11,512		297,470
NCR Corp. *		23,800		474,810
NetApp, Inc. *		44,500		2,114,640
NETGEAR, Inc. *		3,000		98,730
Network Equipment Technologies, Inc. *		8,500		22,015
Newport Corp. *		4,200		65,268
Oplink Communications, Inc. *		4,157		70,170
OSI Systems, Inc. *		3,700		152,773
Park Electrochemical Corp.		3,600		94,176
PC Connection, Inc. *		7,000		54,740
PC-Tel, Inc. *		8,900		57,850
Performance Technologies, Inc. *		1,600		3,424
Plantronics, Inc.		6,000		205,500
Plexus Corp. *		3,700		109,187
Polycom, Inc. *		22,400		605,472
Power-One, Inc. (d)*		9,500		68,495
Presstek, Inc. *		5,100		9,282
Pulse Electronics Corp.		11,500		48,070
QLogic Corp. *		17,044		258,557
QUALCOMM, Inc.		214,100		11,728,398
RadiSys Corp. *		7,200		57,168
Research Frontiers, Inc. (d)*		2,800		12,208
Richardson Electronics Ltd.		4,800		71,184
Riverbed Technology, Inc. *		18,500		529,655
Rofin-Sinar Technologies, Inc. *		3,800		119,244
Rogers Corp. *		2,500		121,200
SanDisk Corp. *		28,000		1,190,840
Sanmina-SCI Corp. *		8,500		96,900
ScanSource, Inc. *		3,200		118,240
SeaChange International, Inc. *		6,350		60,706
Seagate Technology plc		57,066		792,647
Sonus Networks, Inc. *		19,400		57,424
STEC, Inc. *		3,500		35,595
Stratasys, Inc. *		2,700		68,850
Sycamore Networks, Inc.		2,790		54,963
Symmetricom, Inc. *		11,950		67,757
Synaptics, Inc. *		5,250		128,993
SYNNEX Corp. *		3,000		84,960
TE Connectivity Ltd.		55,200		1,900,536
Tech Data Corp. *		5,300		247,351
Tekelec *		8,700		68,295
Tellabs, Inc.		38,064		157,585
TESSCO Technologies, Inc.		4,025		59,771
TransAct Technologies, Inc. *		1,500		17,415
Trimble Navigation Ltd. *		14,792		526,299
TTM Technologies, Inc. *		7,900		109,415
UTStarcom Holdings Corp. *		36,000		49,320
ViaSat, Inc. *		5,500		247,115
Vishay Intertechnology, Inc. *		36,688		505,194
Vishay Precision Group, Inc. *		5,620		95,821
Western Digital Corp. *		28,200		971,772
Xerox Corp.		167,056		1,558,633
Xybernaut Corp. (a)(c)		1,400		—
Zebra Technologies Corp., Class A *		6,375		255,000
Zygo Corp. *		7,000		84,000

				120,708,207

Telecommunication Services 2.7%
AboveNet, Inc.		3,000		182,670
Alaska Communication Systems Group, Inc.		5,000		36,150
American Tower Corp., Class A *		48,800		2,563,464
AT&T, Inc.		729,556		21,346,809
Atlantic Tele-Network, Inc.		3,250		122,753
CenturyLink, Inc.		74,778		2,775,012
Cincinnati Bell, Inc. *		22,268		77,047
Clearwire Corp., Class A (d)*		23,100		50,127
Cogent Communications Group, Inc. *		3,900		58,773
Consolidated Communications Holdings, Inc.		5,622		101,308
Crown Castle International Corp. *		30,776		1,335,678
Frontier Communications Corp.		118,368		886,576

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
General Communication, Inc., Class A *		10,500		119,175
Global Crossing Ltd. *		4,600		158,378
HickoryTech Corp.		4,600		49,128
Leap Wireless International, Inc. *		7,700		103,642
Level 3 Communications, Inc. *		192,000		418,560
MetroPCS Communications, Inc. *		33,000		537,240
NII Holdings, Inc. *		19,900		842,765
NTELOS Holdings Corp.		3,000		58,260
PAETEC Holding Corp. *		8,500		37,570
Premiere Global Services, Inc. *		5,100		43,146
SBA Communications Corp., Class A *		12,800		488,576
Shenandoah Telecommunications Co.		2,500		39,650
Sprint Nextel Corp. *		364,330		1,541,116
SureWest Communications		5,500		72,160
Telephone & Data Systems, Inc.		10,600		300,616
tw telecom, Inc. *		17,000		335,750
United States Cellular Corp. *		9,100		402,129
USA Mobility, Inc.		5,500		90,805
Verizon Communications, Inc.		348,072		12,283,461
Warwick Valley Telephone Co.		1,100		15,433
Windstream Corp.		58,209		710,732

				48,184,659

Transportation 1.9%
Alaska Air Group, Inc. *		4,400		268,928
Alexander & Baldwin, Inc.		3,400		163,914
AMERCO *		3,900		351,546
AMR Corp. *		35,700		151,368
Arkansas Best Corp.		1,100		26,466
Atlas Air Worldwide Holdings, Inc. *		3,000		157,170
Avis Budget Group, Inc. *		3,000		45,330
C.H. Robinson Worldwide, Inc.		21,000		1,518,510
Con-way, Inc.		5,500		201,410
Covenant Transport Group, Inc., Class A *		3,000		17,610
CSX Corp.		137,100		3,368,547
Delta Air Lines, Inc. *		101,100		797,679
Dollar Thrifty Automotive Group, Inc. *		3,500		252,140
Expeditors International of Washington, Inc.		27,200		1,297,984
FedEx Corp.		35,563		3,089,713
Forward Air Corp.		2,600		81,016
Genco Shipping & Trading Ltd. (d)*		5,500		34,430
Genesee & Wyoming, Inc., Class A *		3,000		165,120
Heartland Express, Inc.		8,941		136,976
Hertz Global Holdings, Inc. *		37,000		520,590
Horizon Lines, Inc., Class A		5,200		5,460
Hub Group, Inc., Class A *		4,400		156,112
J.B. Hunt Transport Services, Inc.		13,000		588,120
JetBlue Airways Corp. *		23,462		112,383
Kansas City Southern *		13,550		804,192
Kirby Corp. *		5,600		326,592
Knight Transportation, Inc.		9,050		142,447
Landstar System, Inc.		15,200		681,720
MAIR Holdings, Inc. (a)(c)		1,100		1,793
Norfolk Southern Corp.		44,000		3,330,800
Old Dominion Freight Line, Inc. *		6,075		225,079
Pacer International, Inc. *		2,800		14,952
Park-Ohio Holdings Corp. *		2,600		49,426
Pinnacle Airlines Corp. *		7,500		29,925
Republic Airways Holdings, Inc. *		7,500		32,475
Ryder System, Inc.		6,400		360,448
Saia, Inc. *		6,100		91,927
SkyWest, Inc.		7,000		90,020
Southwest Airlines Co.		89,715		893,561
Swift Transporation Co. *		8,000		90,720
Union Pacific Corp.		60,400		6,189,792
United Continental Holdings, Inc. *		38,900		704,868
United Parcel Service, Inc., Class B		87,380		6,048,444
US Airways Group, Inc. *		17,400		108,576
UTI Worldwide, Inc.		11,300		182,721
Werner Enterprises, Inc.		5,832		137,344

				34,046,344

Utilities 3.5%
AGL Resources, Inc.		9,800		399,840
ALLETE, Inc.		5,233		210,628
Alliant Energy Corp.		14,800		583,268
Ameren Corp.		28,100		809,842
American Electric Power Co., Inc.		57,520		2,120,187
American States Water Co.		2,000		68,380
American Water Works Co., Inc.		22,200		621,600
Aqua America, Inc.		15,094		319,238
Atmos Energy Corp.		9,200		307,556
Avista Corp.		7,800		196,638
Black Hills Corp.		3,900		116,532
California Water Service Group		6,000		109,860
Calpine Corp. *		42,900		697,125
CenterPoint Energy, Inc.		48,500		949,630
Central Vermont Public Service Corp.		6,200		217,558
CH Energy Group, Inc.		1,900		97,033
Chesapeake Utilities Corp.		647		24,981
Cleco Corp.		6,400		222,208
CMS Energy Corp.		29,900		572,286
Consolidated Edison, Inc.		34,400		1,809,440
Constellation Energy Group, Inc.		21,500		834,845
Dominion Resources, Inc.		71,580		3,468,051
DPL, Inc.		14,452		437,173
DTE Energy Co.		20,301		1,011,802
Duke Energy Corp.		160,556		2,986,342
Dynegy, Inc. *		15,416		88,180
Edison International		37,710		1,435,620
El Paso Electric Co.		5,300		177,285
Entergy Corp.		21,700		1,449,560
Exelon Corp.		82,474		3,634,629
FirstEnergy Corp.		52,656		2,351,090
GenOn Energy, Inc. *		86,304		335,723
Great Plains Energy, Inc.		14,341		289,258
Hawaiian Electric Industries, Inc.		10,700		250,380
IDACORP, Inc.		4,200		164,682
Integrys Energy Group, Inc.		10,540		529,213
ITC Holdings Corp.		5,000		351,300
MDU Resources Group, Inc.		19,425		418,803
MGE Energy, Inc.		2,000		82,160
Middlesex Water Co.		3,000		54,870
National Fuel Gas Co.		8,800		636,944
New Jersey Resources Corp.		6,225		271,472

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
NextEra Energy, Inc.		50,900		2,812,225
Nicor, Inc.		6,000		328,200
NiSource, Inc.		36,864		742,072
Northeast Utilities		20,124		684,216
Northwest Natural Gas Co.		5,700		254,277
NorthWestern Corp.		7,100		227,342
NRG Energy, Inc. *		30,600		750,312
NSTAR		13,734		608,828
NV Energy, Inc.		27,976		415,164
OGE Energy Corp.		12,500		625,500
ONEOK, Inc.		12,900		938,991
Ormat Technologies, Inc.		2,800		58,408
Otter Tail Corp.		4,100		85,198
Pepco Holdings, Inc.		26,300		491,284
PG&E Corp.		48,000		1,988,640
Piedmont Natural Gas Co., Inc.		6,300		183,771
Pinnacle West Capital Corp.		17,800		753,830
PNM Resources, Inc.		8,500		127,670
Portland General Electric Co.		8,200		203,196
PPL Corp.		70,200		1,958,580
Progress Energy, Inc.		34,959		1,633,984
Public Service Enterprise Group, Inc.		63,300		2,073,075
Questar Corp.		19,200		353,856
SCANA Corp.		15,405		603,722
Sempra Energy		26,675		1,352,156
South Jersey Industries, Inc.		2,500		126,250
Southern Co.		102,100		4,037,034
Southwest Gas Corp.		11,600		432,564
TECO Energy, Inc.		26,700		494,751
The AES Corp. *		96,396		1,186,635
The Empire District Electric Co.		3,500		71,435
The Laclede Group, Inc.		3,300		122,925
UGI Corp.		13,700		415,110
UIL Holdings Corp.		6,166		196,880
Unisource Energy Corp.		3,800		139,916
Unitil Corp.		600		15,330
Vectren Corp.		8,766		231,510
Westar Energy, Inc.		11,700		301,977
WGL Holdings, Inc.		6,000		232,860
Wisconsin Energy Corp.		28,300		867,395
Xcel Energy, Inc.		59,395		1,425,480

				62,265,761

Total Common Stock
(Cost $1,410,831,745)				1,788,212,944




Rights 0.0% of net assets

Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Indevus Pharmaceuticals, Inc. (a)(c)*		1,800		—

Total Rights
(Cost $—)				—



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.4% of net assets

Time Deposit 0.4%
Citibank
0.03%, 08/01/11		7,133,413		7,133,413

Total Short-Term Investment
(Cost $7,133,413)				7,133,413



End of Investments.


	Number		Value
Security	of Shares		($)

Collateral Invested for Securities on Loan 0.3% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		4,649,263		4,649,263

Total Collateral Invested for Securities on Loan
(Cost $4,649,263)				4,649,263



End of collateral invested for securities on loan.

At 07/31/11 tax basis cost of the fund’s investments was $1,429,649,675 and the unrealized appreciation and depreciation were $544,688,010 and ($178,991,328), respectively, with a net unrealized appreciation of $365,696,682.


*		Non-income producing security.
(a)		Fair-valued by Management in accordance with procedures approved by the Board of Trustees.
(b)		Issuer is affiliated with the fund’s adviser.
(c)		Illiquid security. At the period end, the value of these amounted to $1,793 or 0.0% of net assets.
(d)		All or a portion of this security is on loan.


REIT —		Real Estate Investment Trust

In addition to the above, the fund held the following at 07/31/11.


			Contract		Unrealized
	Number of		Value		Gains
	Contracts		($)		($)

Futures Contracts


Russell 2000 Index, mini, Long, expires 09/16/11		40		3,182,000		77,930
S&P 500 Index, e-mini, Long, expires 09/16/11		90		5,797,800		113,168

Net unrealized gains						191,098

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$1,754,166,600		$—		$—		$1,754,166,600
Transportation		34,044,551		—		1,793		34,046,344
Rights(a)		—		—		—		—
Short-Term Investment(a)		—		7,133,413		—		7,133,413

Total		$1,788,211,151		$7,133,413		$1,793		$1,795,346,357

Other Financial Instruments
Collateral Invested for Securities on Loan		$4,649,263		$—		$—		$4,649,263
Futures Contracts*		191,098		—		—		191,098


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

Schwab Total Stock Market Index Fund

Portfolio Holdings (Unaudited) continued

The following is a reconciliation of Level 3 Investments for which significant unobservable inputs were used to determine fair value:


	Balance							Change in									Balance
	as of		Accrued		Realized			Unrealized			Net		Gross		Gross		as of
	October 31,		Discounts		Gain			Gains			Purchases		Transfers		Transfers		July 31,
Investments in Securities	2010		(Premiums)		(Loss)			(Losses)			(Sales)		in		out		2011

Common Stock		$3,300		$—		($19,049	)		$17,542			$—		$—		$—		$1,793
Rights		46,179		—		—			(46,179	)		—		—		—		—

Total		$49,479		$—		($19,049	)		($28,637	)		$—		$—		$—		$1,793

REG46819JUL11

Schwab Capital Trust
Schwab International Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	98	.9%	Common Stock		1,085,919,961		1,528,811,274
	0	.3%	Preferred Stock		2,691,038		4,164,393
	0	.6%	Other Investment Company		9,289,350		9,090,750


	99	.8%	Total Investments		1,097,900,349		1,542,066,417
	0	.4%	Collateral Invested for Securities on Loan		6,893,576		6,893,576
	(0	.2)%	Other Assets and Liabilities, Net				(3,396,115	)


	100	.0%	Total Net Assets				1,545,563,878


	Number		Value
Security	of Shares		($)

Common Stock 98.9% of net assets

Australia 7.4%


Banks 2.7%
Australia & New Zealand Banking Group Ltd. *		411,768		9,411,868
Commonwealth Bank of Australia		247,474		13,382,210
National Australia Bank Ltd.		344,547		9,071,641
Westpac Banking Corp.		476,406		10,666,736

				42,532,455


Diversified Financials 0.1%
Macquarie Group Ltd.		53,287		1,614,097


Energy 0.4%
Origin Energy Ltd.		164,755		2,654,876
Woodside Petroleum Ltd.		95,398		4,019,791

				6,674,667


Food & Staples Retailing 0.8%
Wesfarmers Ltd.		182,395		5,866,001
Woolworths Ltd.		198,156		5,862,520

				11,728,521


Food, Beverage & Tobacco 0.1%
Foster’s Group Ltd.		304,146		1,687,382
Treasury Wine Estates *		101,382		383,141

				2,070,523


Insurance 0.3%
QBE Insurance Group Ltd.		173,523		3,122,830
Suncorp Group Ltd.		198,080		1,611,790

				4,734,620


Materials 2.4%
BHP Billiton Ltd.		521,706		23,855,291
Fortescue Metals Group Ltd.		197,732		1,369,826
Newcrest Mining Ltd.		120,481		5,253,828
Rio Tinto Ltd.		70,508		6,177,377

				36,656,322


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
CSL Ltd.		88,346		2,978,282


Real Estate 0.3%
Westfield Group		341,822		2,986,486
Westfield Retail Trust		341,822		915,074

				3,901,560


Telecommunication Services 0.1%
Telstra Corp., Ltd.		350,763		1,150,596

				114,041,643

Austria 0.2%


Banks 0.1%
Erste Group Bank AG		36,594		1,749,571


Energy 0.1%
OMV AG		23,936		954,142


Utilities 0.0%
Verbund AG		11,898		486,730

				3,190,443

Belgium 0.6%


Banks 0.1%
KBC GROEP N.V.		31,902		1,125,667


Diversified Financials 0.1%
Groupe Bruxelles Lambert S.A.		12,176		1,026,791


Food, Beverage & Tobacco 0.3%
Anheuser-Busch InBev N.V.		119,225		6,861,940


Telecommunication Services 0.1%
Belgacom S.A.		25,283		881,917

				9,896,315

Canada 9.6%


Banks 2.9%
Bank of Montreal (a)		100,975		6,344,162
Bank of Nova Scotia		171,904		9,748,034
Canadian Imperial Bank of Commerce		62,310		4,759,416
Royal Bank of Canada		227,968		12,263,912
The Toronto-Dominion Bank		140,932		11,282,525

				44,398,049


Energy 2.8%
Cameco Corp.		63,109		1,678,371
Canadian Natural Resources Ltd.		173,876		7,020,918
Canadian Oil Sands Ltd.		37,447		1,023,331
Cenovus Energy, Inc.		118,700		4,563,139
Enbridge, Inc.		122,960		4,037,108
Encana Corp.		115,562		3,390,238

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Husky Energy, Inc.		41,310		1,156,568
Imperial Oil Ltd.		41,159		1,809,281
Nexen, Inc.		79,674		1,858,740
Suncor Energy, Inc.		248,999		9,543,507
Talisman Energy, Inc.		163,642		2,980,136
TransCanada Corp.		111,582		4,687,740

				43,749,077


Food & Staples Retailing 0.0%
Loblaw Cos., Ltd.		15,800		611,197


Insurance 0.7%
Great-West Lifeco, Inc.		41,000		1,024,302
Manulife Financial Corp.		283,197		4,499,378
Power Corp. of Canada		50,603		1,342,599
Power Financial Corp.		36,366		1,072,958
Sun Life Financial, Inc.		91,857		2,539,058

				10,478,295


Materials 2.1%
Agnico-Eagle Mines Ltd.		26,140		1,453,849
Agrium, Inc.		24,800		2,170,211
Barrick Gold Corp.		156,421		7,457,195
Goldcorp, Inc.		126,851		6,066,065
Ivanhoe Mines Ltd. *		44,390		1,162,424
Kinross Gold Corp.		180,391		2,945,313
Potash Corp. of Saskatchewan, Inc.		140,940		8,136,742
Teck Resources Ltd., Class B		75,200		3,725,959

				33,117,758


Media 0.1%
Thomson Reuters Corp.		59,900		2,060,091


Real Estate 0.2%
Brookfield Asset Management, Inc., Class A		83,829		2,640,905


Technology Hardware & Equipment 0.1%
Research In Motion Ltd. *		73,648		1,844,572


Telecommunication Services 0.3%
BCE, Inc.		39,549		1,509,191
Rogers Communications, Inc., Class B		75,678		2,889,459

				4,398,650


Transportation 0.4%
Canadian National Railway Co.		75,278		5,644,373

				148,942,967

China 0.2%


Household & Personal Products 0.1%
Hengan International Group Co., Ltd.		122,000		1,059,413


Retailing 0.1%
Belle International Holdings Ltd.		696,000		1,519,186

				2,578,599

Denmark 0.9%


Banks 0.1%
Danske Bank A/S *		114,220		2,209,745


Food, Beverage & Tobacco 0.1%
Carlsberg A/S, Class B		16,473		1,618,116


Pharmaceuticals, Biotechnology & Life Sciences 0.6%
Novo Nordisk A/S, Class B		68,621		8,393,777


Transportation 0.1%
AP Moller - Maersk A/S, Series A		85		629,383
AP Moller - Maersk A/S, Series B		168		1,287,220

				1,916,603

				14,138,241

Finland 0.6%


Capital Goods 0.1%
Kone Oyj, Class B		32,328		1,874,168


Insurance 0.2%
Sampo Oyj, Class A		76,399		2,327,023


Technology Hardware & Equipment 0.2%
Nokia Corp. Oyj		598,961		3,483,012


Utilities 0.1%
Fortum Oyj		68,837		1,821,587

				9,505,790

France 10.0%


Automobiles & Components 0.3%
Cie Generale des Etablissements Michelin, Class B		28,013		2,352,447
Renault S.A.		31,415		1,676,148

				4,028,595


Banks 1.3%
BNP Paribas S.A.		168,686		10,939,931
Credit Agricole S.A.		168,718		2,071,188
Natixis (a)		134,252		609,016
Societe Generale		118,741		5,877,630

				19,497,765


Capital Goods 1.5%
Alstom S.A.		31,808		1,674,436
Areva S.A. *		7,200		263,970
Bouygues S.A.		35,016		1,323,560
Compagnie de Saint-Gobain		69,118		3,994,098
European Aeronautic Defence & Space Co.		65,102		2,257,188
Safran S.A.		32,911		1,368,060
Schneider Electric S.A.		42,444		6,133,773
Vallourec S.A.		16,512		1,673,227
Vinci S.A.		88,295		5,116,842

				23,805,154


Consumer Durables & Apparel 0.8%
Christian Dior S.A.		8,936		1,428,187
Hermes International		11,517		3,975,746
LVMH Moet Hennessy Louis Vuitton S.A.		41,214		7,554,234

				12,958,167


Energy 1.3%
Total S.A.		372,949		20,157,273


Food & Staples Retailing 0.2%
Carrefour S.A.		95,694		2,823,490


Food, Beverage & Tobacco 0.6%
DANONE S.A.		102,914		7,337,221

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Pernod Ricard S.A.		26,749		2,649,935

				9,987,156


Health Care Equipment & Services 0.2%
Essilor International S.A.		33,033		2,647,221


Household & Personal Products 0.3%
L’Oreal S.A.		38,849		4,674,125


Insurance 0.4%
AXA S.A.		290,096		5,427,399
CNP Assurances		18,752		360,931

				5,788,330


Materials 0.5%
Air Liquide S.A.		45,119		6,197,680
Lafarge S.A.		28,029		1,498,978

				7,696,658


Media 0.3%
Vivendi		194,034		4,640,118


Pharmaceuticals, Biotechnology & Life Sciences 0.9%
Sanofi		174,204		13,535,738


Real Estate 0.2%
Unibail-Rodamco SE		14,287		3,180,649


Retailing 0.1%
PPR		11,455		2,116,988


Telecommunication Services 0.4%
France Telecom S.A.		307,725		6,367,533


Utilities 0.7%
EDF S.A.		44,728		1,698,964
GDF Suez		227,999		7,455,775
Veolia Environnement		79,396		1,787,399

				10,942,138

				154,847,098

Germany 8.5%


Automobiles & Components 1.1%
Bayerische Motoren Werke AG		50,462		5,044,775
Continental AG *		7,851		781,978
Daimler AG - Reg’d		141,411		10,251,664
Volkswagen AG		5,252		959,831

				17,038,248


Capital Goods 1.2%
MAN SE		16,017		1,904,801
Siemens AG - Reg’d		128,695		16,448,012

				18,352,813


Consumer Durables & Apparel 0.1%
Adidas AG		31,986		2,374,357


Diversified Financials 0.7%
Deutsche Bank AG - Reg’d		147,521		8,111,090
Deutsche Boerse AG		29,888		2,210,047

				10,321,137


Food & Staples Retailing 0.1%
Metro AG		20,225		1,116,416


Health Care Equipment & Services 0.1%
Fresenius Medical Care AG & Co. KGaA		29,500		2,264,033


Household & Personal Products 0.1%
Beiersdorf AG		16,031		1,032,757
Henkel AG & Co. KGaA		19,449		1,061,151

				2,093,908


Insurance 0.9%
Allianz SE - Reg’d		72,345		9,427,633
Muenchener Rueckversicherungs-Gesellschaft AG - Reg’d		29,539		4,359,085

				13,786,718


Materials 1.4%
BASF SE		145,851		13,171,974
K&S AG - Reg’d		25,879		2,064,809
Linde AG		27,045		4,846,693
ThyssenKrupp AG		50,861		2,248,688

				22,332,164


Pharmaceuticals, Biotechnology & Life Sciences 0.7%
Bayer AG - Reg’d		131,729		10,538,346
Merck KGaA		10,200		1,088,603

				11,626,949


Software & Services 0.6%
SAP AG		138,629		8,667,380


Telecommunication Services 0.5%
Deutsche Telekom AG - Reg’d		469,844		7,323,802


Transportation 0.2%
Deutsche Post AG - Reg’d		135,202		2,387,077


Utilities 0.8%
E.ON AG		317,775		8,762,050
RWE AG		64,238		3,367,657

				12,129,707

				131,814,709

Hong Kong 2.5%


Banks 0.2%
BOC Hong Kong (Holdings) Ltd.		582,000		1,737,251
Hang Seng Bank Ltd.		117,136		1,838,475

				3,575,726


Capital Goods 0.5%
Hutchison Whampoa Ltd.		333,370		3,883,420
Jardine Matheson Holdings Ltd.		46,800		2,674,075
Jardine Strategic Holdings Ltd.		32,000		1,046,695

				7,604,190


Consumer Services 0.1%
Sands China Ltd. *		377,200		1,135,281


Diversified Financials 0.2%
Hong Kong Exchanges & Clearing Ltd.		168,818		3,482,616


Real Estate 0.9%
Cheung Kong (Holdings) Ltd.		210,656		3,211,837
Hang Lung Properties Ltd.		343,000		1,265,123
Henderson Land Development Co., Ltd.		159,000		1,006,542
Hongkong Land Holdings Ltd.		177,000		1,187,349
Sun Hung Kai Properties Ltd.		236,604		3,596,137
Swire Pacific Ltd., Class A		105,590		1,485,353

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
The Wharf Holdings Ltd.		243,100		1,785,611

				13,537,952


Retailing 0.1%
Li & Fung Ltd.		908,000		1,509,819


Transportation 0.1%
Cathay Pacific Airways Ltd.		174,000		403,531
MTR Corp., Ltd.		213,500		724,217

				1,127,748


Utilities 0.4%
CLP Holdings Ltd.		314,080		2,904,638
Hong Kong & China Gas Co., Ltd.		774,392		1,894,167
Power Assets Holdings Ltd.		211,000		1,746,207

				6,545,012

				38,518,344

Ireland 0.2%


Materials 0.2%
CRH plc		115,056		2,257,071

Israel 0.5%


Materials 0.1%
Israel Chemicals Ltd.		67,342		1,132,257


Pharmaceuticals, Biotechnology & Life Sciences 0.4%
Teva Pharmaceutical Industries Ltd.		147,169		6,864,912

				7,997,169

Italy 2.7%


Automobiles & Components 0.1%
Fiat S.p.A.		121,350		1,198,990


Banks 0.7%
Intesa Sanpaolo		2,177,478		5,022,993
UniCredit S.p.A.		3,071,213		5,478,641

				10,501,634


Capital Goods 0.1%
Fiat Industrial S.p.A. *		121,350		1,601,781


Consumer Durables & Apparel 0.0%
Luxottica Group S.p.A.		22,503		713,434


Energy 0.9%
Eni S.p.A.		443,295		9,633,258
Saipem S.p.A.		39,992		2,084,001
Tenaris S.A.		74,437		1,631,708

				13,348,967


Insurance 0.2%
Assicurazioni Generali S.p.A.		208,200		3,951,625


Telecommunication Services 0.1%
Telecom Italia S.p.A.		1,525,211		1,919,153


Transportation 0.1%
Atlantia S.p.A.		49,252		911,921


Utilities 0.5%
Enel S.p.A.		1,034,503		5,958,056
Snam Rete Gas S.p.A.		283,361		1,635,887

				7,593,943

				41,741,448

Japan 14.8%


Automobiles & Components 2.4%
Bridgestone Corp.		96,657		2,404,402
Denso Corp.		77,700		2,761,138
Honda Motor Co., Ltd.		247,439		9,817,372
Nissan Motor Co., Ltd.		344,996		3,671,267
Suzuki Motor Corp.		57,800		1,338,706
Toyota Motor Corp.		423,203		17,276,832

				37,269,717


Banks 1.5%
Mitsubishi UFJ Financial Group, Inc.		2,230,009		11,323,702
Mizuho Financial Group, Inc.		3,459,234		5,658,723
Sumitomo Mitsui Financial Group, Inc.		224,646		7,067,125

				24,049,550


Capital Goods 2.5%
Asahi Glass Co., Ltd.		152,000		1,756,154
Fanuc Corp.		29,500		5,580,575
ITOCHU Corp.		216,000		2,492,088
Komatsu Ltd.		140,609		4,389,584
Kubota Corp.		156,000		1,415,869
Marubeni Corp.		242,000		1,815,863
Mitsubishi Corp.		227,800		6,092,770
Mitsubishi Electric Corp.		305,000		3,601,451
Mitsubishi Heavy Industries Ltd.		547,000		2,549,450
Mitsui & Co., Ltd.		268,100		5,047,484
Nidec Corp.		15,300		1,522,275
Sumitomo Corp.		183,000		2,579,054

				38,842,617


Consumer Durables & Apparel 0.6%
Panasonic Corp.		293,912		3,494,777
Sharp Corp.		128,785		1,186,367
Sony Corp.		160,500		4,025,717

				8,706,861


Diversified Financials 0.2%
Nomura Holdings, Inc.		588,200		2,855,543


Energy 0.3%
Inpex Corp.		337		2,615,965
JX Holdings, Inc.		348,000		2,516,068

				5,132,033


Food & Staples Retailing 0.2%
Seven & i Holdings Co., Ltd.		116,803		3,330,602


Food, Beverage & Tobacco 0.3%
Japan Tobacco, Inc.		704		3,190,429
Kirin Holdings Co., Ltd.		136,000		2,002,807

				5,193,236


Health Care Equipment & Services 0.1%
Terumo Corp.		22,500		1,263,594


Household & Personal Products 0.2%
Kao Corp.		85,619		2,421,237


Insurance 0.6%
MS&AD Insurance Group Holdings, Inc.		88,262		2,205,791
NKSJ Holdings, Inc.		242,000		1,596,798
The Dai-ichi Life Insurance Co., Ltd.		1,389		1,965,987

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Tokio Marine Holdings, Inc.		117,099		3,453,137

				9,221,713


Materials 0.6%
JFE Holdings, Inc.		71,700		1,950,706
Nippon Steel Corp.		832,000		2,802,283
Shin-Etsu Chemical Co., Ltd.		57,560		3,104,880
Sumitomo Metal Industries Ltd.		559,000		1,340,059

				9,197,928


Pharmaceuticals, Biotechnology & Life Sciences 0.7%
Astellas Pharma, Inc.		67,270		2,613,437
Daiichi Sankyo Co., Ltd.		101,300		2,093,351
Takeda Pharmaceutical Co., Ltd.		114,100		5,442,337

				10,149,125


Real Estate 0.4%
Mitsubishi Estate Co., Ltd.		196,502		3,523,725
Mitsui Fudosan Co., Ltd.		132,777		2,536,874

				6,060,599


Retailing 0.1%
Fast Retailing Co., Ltd.		9,000		1,592,906


Software & Services 0.2%
Nintendo Co., Ltd.		17,239		2,733,871
Yahoo Japan Corp.		2,178		772,462

				3,506,333


Technology Hardware & Equipment 1.9%
Canon, Inc.		176,795		8,523,544
FUJIFILM Holdings Corp.		69,011		2,084,136
Fujitsu Ltd.		293,000		1,724,355
Hitachi Ltd.		718,079		4,428,001
Hoya Corp.		67,307		1,633,454
Keyence Corp.		6,200		1,752,951
Kyocera Corp.		25,100		2,680,325
Murata Manufacturing Co., Ltd.		29,174		1,889,511
Ricoh Co., Ltd.		102,000		1,097,246
Toshiba Corp.		609,178		3,160,287

				28,973,810


Telecommunication Services 1.1%
KDDI Corp.		484		3,596,503
Nippon Telegraph & Telephone Corp.		81,678		4,039,417
NTT DOCOMO, Inc.		2,238		4,141,198
SOFTBANK Corp.		134,200		5,240,558

				17,017,676


Transportation 0.4%
Central Japan Railway Co.		268		2,309,361
East Japan Railway Co.		53,360		3,358,183

				5,667,544


Utilities 0.5%
Chubu Electric Power Co., Inc.		102,300		1,756,872
The Kansai Electric Power Co., Inc.		111,300		1,874,907
The Tokyo Electric Power Co., Inc.		213,190		1,183,122
Tohoku Electric Power Co., Inc.		72,800		940,842
Tokyo Gas Co., Ltd.		365,201		1,744,726

				7,500,469

				227,953,093

Netherlands 2.2%


Capital Goods 0.3%
Koninklijke Philips Electronics N.V.		160,869		3,995,582


Diversified Financials 0.4%
ING Groep N.V. CVA *		606,251		6,505,666


Food & Staples Retailing 0.2%
Koninklijke Ahold N.V.		184,569		2,457,610


Food, Beverage & Tobacco 0.8%
Heineken Holding N.V.		14,909		757,541
Heineken N.V.		45,420		2,687,536
Unilever N.V. CVA		270,644		8,789,194

				12,234,271


Materials 0.1%
Akzo Nobel N.V.		36,795		2,247,539


Semiconductors & Semiconductor Equipment 0.2%
ASML Holding N.V.		69,218		2,465,811


Telecommunication Services 0.2%
Koninklijke (Royal) KPN N.V.		245,485		3,500,865

				33,407,344

Norway 0.8%


Banks 0.2%
DnB NOR A.S.A.		143,336		2,084,407


Energy 0.4%
Seadrill Ltd.		55,800		1,942,292
Statoil A.S.A.		164,911		4,064,508

				6,006,800


Materials 0.1%
Yara International A.S.A.		29,350		1,676,476


Telecommunication Services 0.1%
Telenor A.S.A.		120,638		2,016,246

				11,783,929

Portugal 0.3%


Energy 0.1%
Galp Energia, SGPS, S.A., B Shares		44,444		1,003,825


Telecommunication Services 0.1%
Portugal Telecom, SGPS, S.A. - Reg’d		142,374		1,227,553


Utilities 0.1%
EDP - Energias de Portugal S.A.		451,730		1,569,371

				3,800,749

Singapore 1.3%


Banks 0.6%
DBS Group Holdings Ltd.		264,246		3,405,283
Oversea-Chinese Banking Corp., Ltd.		423,552		3,493,231
United Overseas Bank Ltd.		171,233		2,904,187

				9,802,701


Capital Goods 0.1%
Keppel Corp., Ltd.		217,800		2,001,827

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Consumer Services 0.1%
Genting Singapore plc *		927,000		1,460,293


Food, Beverage & Tobacco 0.1%
Wilmar International Ltd.		339,000		1,658,427


Real Estate 0.1%
Capitaland Ltd.		503,000		1,209,451


Telecommunication Services 0.2%
Singapore Telecommunications Ltd.		1,178,237		3,282,849


Transportation 0.1%
Singapore Airlines Ltd.		87,000		1,024,316

				20,439,864

Spain 3.4%


Banks 1.4%
Banco Bilbao Vizcaya Argentaria S.A.		721,901		7,561,896
Banco Santander S.A.		1,336,022		14,062,015
CaixaBank		111,160		642,034

				22,265,945


Capital Goods 0.1%
ACS, Actividades de Construccion y Servicios S.A.		28,975		1,224,001


Energy 0.3%
Repsol YPF S.A.		129,353		4,079,545


Food & Staples Retailing 0.0%
Distribuidora Internacional de Alimentacion S.A. (a)*		95,694		405,633


Retailing 0.2%
Industria de Diseno Textil S.A.		34,961		3,161,262


Telecommunication Services 0.9%
Telefonica S.A.		631,033		14,065,430


Transportation 0.1%
Abertis Infraestructuras S.A.		47,351		871,070


Utilities 0.4%
Gas Natural SDG S.A.		42,673		857,871
Iberdrola S.A.		734,215		5,965,982

				6,823,853

				52,896,739

Sweden 2.2%


Banks 0.8%
Nordea Bank AB		508,535		5,408,790
Skandinaviska Enskilda Banken AB, A Shares		271,211		2,064,042
Svenska Handelsbanken AB, A Shares		76,520		2,409,102
Swedbank AB, A Shares		150,308		2,632,050

				12,513,984


Capital Goods 0.5%
Atlas Copco AB, A Shares		107,348		2,533,355
Sandvik AB		171,265		2,730,627
Volvo AB, B Shares		179,083		2,887,454

				8,151,436


Retailing 0.3%
Hennes & Mauritz AB, B Shares		150,369		5,141,045


Technology Hardware & Equipment 0.4%
Telefonaktiebolaget LM Ericsson, B Shares		480,667		6,037,499


Telecommunication Services 0.2%
TeliaSonera AB		356,757		2,728,193

				34,572,157

Switzerland 8.8%


Capital Goods 0.6%
ABB Ltd. - Reg’d *		370,075		8,863,924


Commercial & Professional Supplies 0.1%
SGS S.A. - Reg’d		865		1,680,196


Consumer Durables & Apparel 0.3%
Compagnie Financiere Richemont S.A., Series A		46,837		3,024,936
Swatch Group AG - Bearer Shares		4,868		2,640,037

				5,664,973


Diversified Financials 1.0%
Credit Suisse Group AG - Reg’d *		158,744		5,707,243
UBS AG - Reg’d *		604,632		9,981,590

				15,688,833


Food, Beverage & Tobacco 2.3%
Nestle S.A. - Reg’d		550,271		35,053,101


Health Care Equipment & Services 0.1%
Synthes, Inc. - Reg’d		9,804		1,767,597


Insurance 0.6%
Swiss Re Ltd. *		58,347		3,284,868
Zurich Financial Services AG *		23,450		5,576,464

				8,861,332


Materials 0.5%
Holcim Ltd. - Reg’d *		42,300		2,900,316
Syngenta AG - Reg’d *		15,116		4,811,944

				7,712,260


Pharmaceuticals, Biotechnology & Life Sciences 3.1%
Novartis AG - Reg’d		449,802		27,573,797
Roche Holding AG		111,580		20,022,564
Roche Holding AG - Bearer Shares		4,345		810,986

				48,407,347


Telecommunication Services 0.1%
Swisscom AG - Reg’d		3,444		1,657,693


Transportation 0.1%
Kuehne & Nagel International AG - Reg’d		8,541		1,194,056

				136,551,312

United Kingdom 21.2%


Banks 3.1%
Barclays plc		1,910,729		6,933,181
HSBC Holdings plc		2,829,553		27,586,225
Lloyds Banking Group plc *		6,308,359		4,456,278
Royal Bank of Scotland Group plc *		2,557,366		1,483,898

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Standard Chartered plc		308,498		7,858,668

				48,318,250


Capital Goods 0.4%
BAE Systems plc		528,238		2,629,845
Rolls-Royce Holdings plc *		297,319		3,174,249

				5,804,094


Commercial & Professional Supplies 0.1%
Experian plc		160,692		2,112,359


Consumer Services 0.2%
Compass Group plc		300,866		2,829,451


Energy 4.9%
BG Group plc		533,772		12,584,503
BP plc		2,996,366		22,582,506
Royal Dutch Shell plc, A Shares		588,320		21,593,972
Royal Dutch Shell plc, B Shares		425,492		15,579,665
Tullow Oil plc		139,314		2,798,803

				75,139,449


Food & Staples Retailing 0.7%
J Sainsbury plc		217,364		1,082,381
Tesco plc		1,274,021		8,002,617
William Morrison Supermarkets plc		351,417		1,673,927

				10,758,925


Food, Beverage & Tobacco 2.7%
Associated British Foods plc		56,501		990,653
British American Tobacco plc		315,160		14,548,180
Diageo plc		394,892		8,032,449
Imperial Tobacco Group plc		160,071		5,541,098
SABMiller plc		147,821		5,522,113
Unilever plc		204,692		6,533,891

				41,168,384


Household & Personal Products 0.3%
Reckitt Benckiser Group plc		97,667		5,526,593


Insurance 0.6%
Aviva plc		454,657		2,960,941
Old Mutual plc		858,967		1,782,293
Prudential plc		401,870		4,526,756

				9,269,990


Materials 3.1%
Anglo American plc		209,439		9,913,325
Antofagasta plc		55,917		1,284,187
BHP Billiton plc		351,291		13,122,487
Fresnillo plc		13,776		395,239
Rio Tinto plc		240,850		17,001,302
Xstrata plc		307,268		6,482,853

				48,199,393


Media 0.4%
British Sky Broadcasting Group plc		159,997		1,869,906
Pearson plc		122,113		2,343,249
WPP plc		196,368		2,225,549

				6,438,704


Pharmaceuticals, Biotechnology & Life Sciences 2.1%
AstraZeneca plc		226,301		10,995,715
GlaxoSmithKline plc		819,583		18,272,713
Shire plc		88,185		3,060,785

				32,329,213


Telecommunication Services 1.8%
BT Group plc		1,219,910		4,012,871
Vodafone Group plc		8,325,405		23,347,381

				27,360,252


Utilities 0.8%
Centrica plc		804,153		4,036,958
National Grid plc		557,631		5,456,086
Scottish & Southern Energy plc		148,796		3,188,149

				12,681,193

				327,936,250

Total Common Stock
(Cost $1,085,919,961)				1,528,811,274




Preferred Stock 0.3% of net assets

Germany 0.3%


Automobiles & Components 0.3%
Volkswagen AG		20,862		4,164,393

Total Preferred Stock
(Cost $2,691,038)				4,164,393




Other Investment Company 0.6% of net assets

United States 0.6%
iShares MSCI EAFE Index Fund		155,000		9,090,750

Total Other Investment Company
(Cost $9,289,350)				9,090,750



End of Investments.



Collateral Invested for Securities on Loan 0.4% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		6,893,576		6,893,576

Total Collateral Invested for Securities on Loan
(Cost $6,893,576)				6,893,576



End of collateral invested for securities on loan.

At 07/31/11, the tax basis cost of the fund’s investments was $1,106,818,658 and the unrealized appreciation and depreciation were $575,497,871 and ($140,250,112), respectively, with a net unrealized appreciation of $435,247,759.

At 07/31/11, the values of certain foreign securities held by the fund aggregating $1,352,934,206 were adjusted from their closing market values in accordance with procedures approved by the Board of Trustees.


*		Non-income producing security.
(a)		All or a portion of this security is on loan.

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


CVA —		Dutch Certificate
Reg’d —		Registered


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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 funds value their holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of the foreign markets. The Board of Trustees 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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Schwab International Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$—		$517,314,321		$—		$517,314,321
Australia(a)		—		111,971,120		—		111,971,120
Food, Beverage & Tobacco		2,070,523		—		—		2,070,523
Austria(a)		—		2,703,713		—		2,703,713
Utilities		486,730		—		—		486,730
Canada(a)		148,942,967		—		—		148,942,967
France(a)		—		131,041,944		—		131,041,944
Capital Goods		263,970		23,541,184		—		23,805,154
Hong Kong(a)		—		31,973,332		—		31,973,332
Utilities		1,746,207		4,798,805		—		6,545,012
Spain(a)		—		30,225,161		—		30,225,161
Banks		14,062,015		8,203,930		—		22,265,945
Food & Staples Retailing		405,633		—		—		405,633
Sweden(a)		—		29,431,112		—		29,431,112
Retailing		5,141,045		—		—		5,141,045
Switzerland(a)		—		125,922,383		—		125,922,383
Health Care Equipment & Services		1,767,597		—		—		1,767,597
Insurance		3,284,868		5,576,464		—		8,861,332
United Kingdom(a)		—		321,497,546		—		321,497,546
Media		1,869,906		4,568,798		—		6,438,704
Preferred Stock(a)		—		4,164,393		—		4,164,393
Other Investment Company(a)		9,090,750		—		—		9,090,750

Total		$189,132,211		$1,352,934,206		$—		$1,542,066,417

Other Financial Instruments
Collateral Invested for Securities on Loan		$6,893,576		$—		$—		$6,893,576


(a)		As categorized in Portfolio Holdings.

The following is a reconciliation of Level 3 Investments for which significant unobservable inputs were used to determine fair value:

Balance

Change in

Balance

as of

Accrued

Realized

Unrealized

Net

Gross

as of

October 31,

Discounts

Gain

Gains

Purchases

Transfers

July 31,

Investments in Securities

2010

(Premiums)

(Loss)

(Losses)

(Sales)

out

2011

Common Stock

United Kingdom

$71,780

$—

$1,063

($2,208

)

($70,635

)

$—

Total

$71,780

$—

$1,063

($2,208

)

($70,635

)

$—

REG46820JUL11

Schwab Capital Trust
Schwab Premier Equity Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.4%

Common Stock

227,560,885

250,284,640

.5%

Other Investment Company

11,922,202

.9%

Total Investments

239,483,087

262,206,842

.1%

Other Assets and Liabilities, Net

160,164

100

.0%

Total Net Assets

262,367,006


	Number		Value
Security	of Shares		($)

Common Stock 95.4% of net assets

Automobiles & Components 2.0%
Ford Motor Co. *		206,000		2,515,260
The Goodyear Tire & Rubber Co. *		170,000		2,748,900

				5,264,160

Banks 3.4%
Commerce Bancshares, Inc.		37,000		1,513,670
Fifth Third Bancorp		165,000		2,087,250
PNC Financial Services Group, Inc.		44,000		2,388,760
Wells Fargo & Co.		109,000		3,045,460

				9,035,140

Capital Goods 7.8%
Caterpillar, Inc.		27,000		2,667,330
Cubic Corp.		30,000		1,456,200
Eaton Corp.		56,000		2,685,200
General Electric Co.		166,000		2,973,060
KBR, Inc.		65,000		2,317,250
Parker Hannifin Corp.		33,000		2,607,660
The Timken Co.		64,000		2,794,880
Tyco International Ltd.		64,000		2,834,560

				20,336,140

Commercial & Professional Supplies 1.7%
Avery Dennison Corp.		44,000		1,388,200
R.R. Donnelley & Sons Co.		161,000		3,028,410

				4,416,610

Consumer Durables & Apparel 1.3%
Harman International Industries, Inc.		43,000		1,788,800
Jarden Corp.		55,000		1,704,450

				3,493,250

Consumer Services 1.5%
Ameristar Casinos, Inc.		82,000		1,820,400
Hyatt Hotels Corp., Class A *		54,000		2,094,660

				3,915,060

Diversified Financials 4.0%
Capital One Financial Corp.		53,000		2,533,400
Interactive Brokers Group, Inc., Class A		173,000		2,619,220
JPMorgan Chase & Co.		75,000		3,033,750
Legg Mason, Inc.		75,000		2,206,500

				10,392,870

Energy 10.0%
Anadarko Petroleum Corp.		37,000		3,054,720
Chevron Corp.		29,000		3,016,580
Exxon Mobil Corp.		34,000		2,712,860
Hess Corp.		43,000		2,948,080
Murphy Oil Corp.		42,000		2,697,240
Nabors Industries Ltd. *		102,000		2,693,820
Oceaneering International, Inc.		55,000		2,376,000
SEACOR Holdings, Inc.		13,000		1,304,680
Sunoco, Inc.		62,000		2,520,300
Valero Energy Corp.		119,000		2,989,280

				26,313,560

Food & Staples Retailing 5.2%
CVS Caremark Corp.		59,000		2,144,650
Ruddick Corp.		71,000		2,974,900
Safeway, Inc.		115,000		2,319,550
The Kroger Co.		122,000		3,034,140
Whole Foods Market, Inc.		48,000		3,201,600

				13,674,840

Food, Beverage & Tobacco 4.3%
Constellation Brands, Inc., Class A *		123,000		2,507,970
Corn Products International, Inc.		54,000		2,748,060
Smithfield Foods, Inc. *		138,000		3,038,760
Tyson Foods, Inc., Class A		171,000		3,002,760

				11,297,550

Health Care Equipment & Services 6.9%
Cardinal Health, Inc.		69,000		3,019,440
DaVita, Inc. *		30,000		2,506,200
Hologic, Inc. *		100,000		1,857,000
Humana, Inc.		40,000		2,983,200
Integra LifeSciences Holdings *		35,000		1,577,450
McKesson Corp.		38,000		3,082,560
UnitedHealth Group, Inc.		60,000		2,977,800

				18,003,650

Schwab Premier Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Insurance 5.9%
Aflac, Inc.		50,000		2,303,000
American Financial Group, Inc.		91,000		3,092,180
Fidelity National Financial, Inc., Class A		146,000		2,379,800
Loews Corp.		66,000		2,631,420
Prudential Financial, Inc.		52,000		3,051,360
Reinsurance Group of America, Inc.		35,000		2,037,350

				15,495,110

Materials 5.6%
Alcoa, Inc.		172,000		2,533,560
International Paper Co.		103,000		3,059,100
MeadWestvaco Corp.		95,000		2,958,300
PolyOne Corp.		147,000		2,278,500
PPG Industries, Inc.		25,000		2,105,000
The Dow Chemical Co.		51,000		1,778,370

				14,712,830

Media 0.9%
The Interpublic Group of Cos., Inc.		250,000		2,452,500

Pharmaceuticals, Biotechnology & Life Sciences 6.9%
Agilent Technologies, Inc. *		55,000		2,318,800
Bio-Rad Laboratories, Inc., Class A *		12,000		1,308,000
Eli Lilly & Co.		72,000		2,757,600
Life Technologies Corp. *		55,000		2,476,650
Merck & Co., Inc.		43,000		1,467,590
Par Pharmaceutical Cos., Inc. *		66,000		2,137,740
Pfizer, Inc.		133,000		2,558,920
Watson Pharmaceuticals, Inc. *		44,000		2,953,720

				17,979,020

Retailing 1.1%
Macy’s, Inc.		104,000		3,002,480

Semiconductors & Semiconductor Equipment 1.7%
Diodes, Inc. *		79,000		1,860,450
Fairchild Semiconductor International, Inc. *		175,000		2,626,750

				4,487,200

Software & Services 7.4%
Accenture plc, Class A		51,000		3,016,140
Computer Sciences Corp.		68,000		2,399,040
International Business Machines Corp.		17,000		3,091,450
MasterCard, Inc., Class A		9,000		2,729,250
Symantec Corp. *		154,000		2,935,240
Synopsys, Inc. *		102,000		2,444,940
TeleTech Holdings, Inc. *		135,000		2,671,650

				19,287,710

Technology Hardware & Equipment 5.8%
AVX Corp.		150,000		2,088,000
Brocade Communications Systems, Inc. *		441,000		2,416,680
Dell, Inc. *		155,000		2,517,200
NCR Corp. *		148,000		2,952,600
Tech Data Corp. *		65,000		3,033,550
Xerox Corp.		247,000		2,304,510

				15,312,540

Telecommunication Services 2.1%
Telephone & Data Systems, Inc.		95,000		2,694,200
Verizon Communications, Inc.		80,000		2,823,200

				5,517,400

Transportation 3.7%
Alaska Air Group, Inc. *		47,000		2,872,640
CSX Corp.		114,000		2,800,980
Delta Air Lines, Inc. *		291,000		2,295,990
FedEx Corp.		19,000		1,650,720

				9,620,330

Utilities 6.2%
Ameren Corp.		85,000		2,449,700
CMS Energy Corp.		134,000		2,564,760
Edison International		40,000		1,522,800
FirstEnergy Corp.		44,000		1,964,600
Integrys Energy Group, Inc.		53,000		2,661,130
NiSource, Inc.		115,000		2,314,950
Southwest Gas Corp.		75,000		2,796,750

				16,274,690

Total Common Stock
(Cost $227,560,885)				250,284,640




Other Investment Company 4.5% of net assets

Money Fund 4.5%
State Street Institutional Liquid Reserves Fund - Institutional Class		11,922,202		11,922,202

Total Other Investment Company
(Cost $11,922,202)				11,922,202



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $239,962,911 and the unrealized appreciation and depreciation were $33,504,054 and ($11,260,123), respectively, with a net unrealized appreciation of $22,243,931.


*		Non-income producing security.

Schwab Premier Equity Fund

Portfolio Holdings (Unaudited) continued

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

135

8,696,700

53,426


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund 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. At July 31, 2011, all of the fund’s investment securities were classified as Level 2. The breakdown of the fund’s investments into major categories is disclosed on the portfolio holdings.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$250,284,640		$—		$—		$250,284,640
Other Investment Company(a)		11,922,202		—		—		11,922,202

Total		$262,206,842		$—		$—		$262,206,842

Other Financial Instruments
Futures Contracts*		$53,426		$—		$—		$53,426


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

Schwab Capital Trust
Schwab Core Equity Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.2%

Common Stock

1,505,164,697

1,776,312,204

.7%

Other Investment Company

30,979,980

.9%

Total Investments

1,536,144,677

1,807,292,184

.1%

Other Assets and Liabilities, Net

2,548,556

100

.0%

Total Net Assets

1,809,840,740


	Number		Value
Security	of Shares		($)

Common Stock 98.2% of net assets

Automobiles & Components 0.2%
TRW Automotive Holdings Corp. *		69,500		3,507,665

Banks 4.7%
Fifth Third Bancorp		30,327		383,637
KeyCorp		900,000		7,236,000
PNC Financial Services Group, Inc.		350,000		19,001,500
SunTrust Banks, Inc.		83,600		2,047,364
Wells Fargo & Co.		1,994,500		55,726,330

				84,394,831

Capital Goods 6.0%
Caterpillar, Inc.		175,000		17,288,250
Dover Corp.		10,750		650,052
Eaton Corp.		400,000		19,180,000
General Electric Co.		1,925,000		34,476,750
Northrop Grumman Corp.		75,000		4,538,250
Parker Hannifin Corp.		70,000		5,531,400
The Timken Co.		110,000		4,803,700
Tyco International Ltd.		148,700		6,585,923
United Technologies Corp.		150,000		12,426,000
URS Corp. *		52,500		2,143,575

				107,623,900

Commercial & Professional Supplies 2.0%
Avery Dennison Corp.		551,000		17,384,050
R.R. Donnelley & Sons Co.		1,015,000		19,092,150

				36,476,200

Consumer Durables & Apparel 0.5%
Jarden Corp.		135,000		4,183,650
Whirlpool Corp.		65,000		4,499,950

				8,683,600

Consumer Services 1.9%
Hyatt Hotels Corp., Class A *		95,000		3,685,050
McDonald’s Corp.		175,000		15,134,000
Starbucks Corp.		110,000		4,409,900
Wynn Resorts Ltd.		50,500		7,760,840
Yum! Brands, Inc.		65,000		3,433,300

				34,423,090

Diversified Financials 6.3%
American Express Co.		260,500		13,035,420
Capital One Financial Corp.		75,000		3,585,000
Discover Financial Services		752,050		19,260,000
JPMorgan Chase & Co.		1,463,540		59,200,193
Lazard Ltd., Class A		155,000		5,208,000
Legg Mason, Inc.		350,000		10,297,000
State Street Corp.		85,000		3,524,950

				114,110,563

Energy 14.0%
Anadarko Petroleum Corp.		539,600		44,549,376
Chevron Corp.		245,000		25,484,900
ConocoPhillips		200,000		14,398,000
El Paso Corp.		1,200,000		24,660,000
Exxon Mobil Corp.		205,000		16,356,950
Hess Corp.		50,000		3,428,000
Murphy Oil Corp.		351,365		22,564,660
Nabors Industries Ltd. *		210,000		5,546,100
National Oilwell Varco, Inc.		148,950		12,000,902
Occidental Petroleum Corp.		464,490		45,603,628
The Williams Cos., Inc.		807,500		25,597,750
Valero Energy Corp.		550,000		13,816,000

				254,006,266

Food & Staples Retailing 3.7%
Costco Wholesale Corp.		200,000		15,650,000
The Kroger Co.		1,500,000		37,305,000
Wal-Mart Stores, Inc.		56,800		2,993,928
Whole Foods Market, Inc.		150,000		10,005,000

				65,953,928

Food, Beverage & Tobacco 4.8%
Archer-Daniels-Midland Co.		153,000		4,648,140
Bunge Ltd.		61,900		4,259,339
Corn Products International, Inc.		185,000		9,414,650
H.J. Heinz Co.		198,350		10,441,144
Kraft Foods, Inc., Class A		125,000		4,297,500
Smithfield Foods, Inc. *		650,000		14,313,000
The JM Smucker Co.		60,000		4,675,200
Tyson Foods, Inc., Class A		2,016,400		35,407,984

				87,456,957

Schwab Core Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Health Care Equipment & Services 3.1%
AmerisourceBergen Corp.		150,000		5,746,500
Cardinal Health, Inc.		190,000		8,314,400
CIGNA Corp.		101,760		5,064,595
Hologic, Inc. *		125,000		2,321,250
Humana, Inc.		287,240		21,422,359
McKesson Corp.		57,150		4,636,008
UnitedHealth Group, Inc.		175,000		8,685,250

				56,190,362

Household & Personal Products 0.6%
Energizer Holdings, Inc. *		132,300		10,668,672

Insurance 2.7%
Aflac, Inc.		65,000		2,993,900
American Financial Group, Inc.		79,290		2,694,274
Berkshire Hathaway, Inc., Class B *		140,000		10,383,800
Loews Corp.		9,700		386,739
Prudential Financial, Inc.		241,090		14,147,161
The Travelers Cos., Inc.		317,540		17,505,981

				48,111,855

Materials 5.3%
Ashland, Inc.		458,000		28,047,920
Ball Corp.		200,000		7,760,000
Crown Holdings, Inc. *		85,000		3,264,850
International Paper Co.		925,000		27,472,500
MeadWestvaco Corp.		115,000		3,581,100
PPG Industries, Inc.		267,200		22,498,240
Sonoco Products Co.		125,000		4,006,250

				96,630,860

Media 1.4%
Time Warner, Inc.		692,266		24,340,073

Pharmaceuticals, Biotechnology & Life Sciences 9.7%
Agilent Technologies, Inc. *		190,000		8,010,400
Allergan, Inc.		55,000		4,472,050
Amgen, Inc. *		200,000		10,940,000
Bristol-Myers Squibb Co.		925,000		26,510,500
Eli Lilly & Co.		337,505		12,926,442
Johnson & Johnson		146,400		9,485,256
Life Technologies Corp. *		271,637		12,231,814
Merck & Co., Inc.		317,080		10,821,940
Mylan, Inc. *		100,000		2,278,000
Pfizer, Inc.		1,000,000		19,240,000
Thermo Fisher Scientific, Inc. *		245,400		14,746,086
Waters Corp. *		190,000		16,699,100
Watson Pharmaceuticals, Inc. *		411,000		27,590,430

				175,952,018

Real Estate 3.1%
CB Richard Ellis Group, Inc., Class A *		957,800		20,880,040
Jones Lang LaSalle, Inc.		145,000		12,342,400
Rayonier, Inc.		239,500		15,435,775
Vornado Realty Trust		75,000		7,016,250

				55,674,465

Retailing 4.5%
Dollar Tree, Inc. *		160,000		10,596,800
Macy’s, Inc.		480,000		13,857,600
O’Reilly Automotive, Inc. *		100,000		5,950,000
PetSmart, Inc.		190,000		8,173,800
Target Corp.		175,000		9,010,750
The Gap, Inc.		480,000		9,259,200
The Home Depot, Inc.		100,000		3,493,000
The TJX Cos., Inc.		385,000		21,290,500

				81,631,650

Semiconductors & Semiconductor Equipment 1.7%
Intel Corp.		754,685		16,852,116
Lam Research Corp. *		135,000		5,518,800
Micron Technology, Inc. *		900,000		6,633,000
ON Semiconductor Corp. *		225,011		1,955,346

				30,959,262

Software & Services 11.2%
Activision Blizzard, Inc.		775,000		9,176,000
BMC Software, Inc. *		400,640		17,315,661
CA, Inc.		650,000		14,495,000
Computer Sciences Corp.		400,000		14,112,000
International Business Machines Corp.		400,900		72,903,665
Intuit, Inc. *		150,000		7,005,000
Microsoft Corp.		450,000		12,330,000
Oracle Corp.		689,800		21,094,084
Symantec Corp. *		1,625,000		30,972,500
Synopsys, Inc. *		160,342		3,843,398

				203,247,308

Technology Hardware & Equipment 4.3%
Avnet, Inc. *		100,000		2,930,000
EMC Corp. *		782,000		20,394,560
Hewlett-Packard Co.		1,085,000		38,148,600
Western Digital Corp. *		265,000		9,131,900
Xerox Corp.		844,533		7,879,493

				78,484,553

Telecommunication Services 3.8%
AT&T, Inc.		1,000,000		29,260,000
Telephone & Data Systems, Inc.		204,390		5,796,500
Verizon Communications, Inc.		935,000		32,996,150

				68,052,650

Transportation 1.3%
FedEx Corp.		165,000		14,335,200
Ryder System, Inc.		100,000		5,632,000
United Parcel Service, Inc., Class B		55,000		3,807,100

				23,774,300

Schwab Core Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Utilities 1.4%
Ameren Corp.		80,000		2,305,600
CMS Energy Corp.		200,000		3,828,000
DTE Energy Co.		123,900		6,175,176
NiSource, Inc.		275,000		5,535,750
Pinnacle West Capital Corp.		100,000		4,235,000
The AES Corp. *		315,000		3,877,650

				25,957,176

Total Common Stock
(Cost $1,505,164,697)				1,776,312,204




Other Investment Company 1.7% of net assets

Money Fund 1.7%
State Street Institutional Liquid Reserves Fund - Institutional Class		30,979,980		30,979,980

Total Other Investment Company
(Cost $30,979,980)				30,979,980



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $1,540,021,722 and the unrealized appreciation and depreciation were $317,375,339 and ($50,104,877), respectively, with a net unrealized appreciation of $267,270,462.


*		Non-income producing security.

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

300

19,326,000

164,713


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Schwab Core Equity Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$1,776,312,204		$—		$—		$1,776,312,204
Other Investment Company(a)		30,979,980		—		—		30,979,980

Total		$1,807,292,184		$—		$—		$1,807,292,184

Other Financial Instruments
Futures Contracts*		$164,713		$—		$—		$164,713


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

REG46823JUL11

Schwab Capital Trust
Schwab Dividend Equity Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.3%

Common Stock

1,134,409,906

1,338,979,546

.5%

Short-Term Investment

20,049,713

.8%

Total Investments

1,154,459,619

1,359,029,259

.2%

Other Assets and Liabilities, Net

3,165,996

100

.0%

Total Net Assets

1,362,195,255


	Number		Value
Security	of Shares		($)

Common Stock 98.3% of net assets

Automobiles & Components 0.2%
Johnson Controls, Inc.		65,000		2,401,750

Banks 3.4%
Commerce Bancshares, Inc.		169,750		6,944,472
Fifth Third Bancorp		225,000		2,846,250
M&T Bank Corp.		50,000		4,312,000
PNC Financial Services Group, Inc.		250,000		13,572,500
Wells Fargo & Co.		650,000		18,161,000

				45,836,222

Capital Goods 6.0%
Caterpillar, Inc.		100,000		9,879,000
Eaton Corp.		520,000		24,934,000
General Electric Co.		1,000,000		17,910,000
KBR, Inc.		80,000		2,852,000
Northrop Grumman Corp.		30,400		1,839,504
The Timken Co.		125,000		5,458,750
Tyco International Ltd.		40,000		1,771,600
United Technologies Corp.		200,000		16,568,000

				81,212,854

Commercial & Professional Supplies 2.1%
Avery Dennison Corp.		350,000		11,042,500
R.R. Donnelley & Sons Co.		955,600		17,974,836

				29,017,336

Consumer Durables & Apparel 0.8%
Whirlpool Corp.		166,000		11,492,180

Consumer Services 1.9%
McDonald’s Corp.		300,000		25,944,000

Diversified Financials 5.1%
American Express Co.		330,000		16,513,200
Capital One Financial Corp.		277,000		13,240,600
JPMorgan Chase & Co.		912,084		36,893,798
Legg Mason, Inc.		75,000		2,206,500

				68,854,098

Energy 12.4%
Anadarko Petroleum Corp.		310,000		25,593,600
Apache Corp.		50,000		6,186,000
Chevron Corp.		400,500		41,660,010
ConocoPhillips		200,000		14,398,000
Exxon Mobil Corp.		80,000		6,383,200
Murphy Oil Corp.		175,000		11,238,500
Occidental Petroleum Corp.		309,000		30,337,620
The Williams Cos., Inc.		500,000		15,850,000
Valero Energy Corp.		675,000		16,956,000

				168,602,930

Food & Staples Retailing 3.0%
Costco Wholesale Corp.		300,000		23,475,000
The Kroger Co.		275,000		6,839,250
Wal-Mart Stores, Inc.		200,000		10,542,000

				40,856,250

Food, Beverage & Tobacco 6.3%
Archer-Daniels-Midland Co.		100,000		3,038,000
Corn Products International, Inc.		222,600		11,328,114
H.J. Heinz Co.		549,500		28,925,680
Hormel Foods Corp.		110,000		3,186,700
Kraft Foods, Inc., Class A		300,000		10,314,000
The Hershey Co.		200,000		11,288,000
Tyson Foods, Inc., Class A		975,000		17,121,000

				85,201,494

Health Care Equipment & Services 4.3%
AmerisourceBergen Corp.		150,000		5,746,500
Becton, Dickinson & Co.		214,600		17,942,706
Cardinal Health, Inc.		275,000		12,034,000
McKesson Corp.		250,000		20,280,000
UnitedHealth Group, Inc.		50,000		2,481,500

				58,484,706

Household & Personal Products 0.6%
Herbalife Ltd.		120,000		6,686,400
Nu Skin Enterprises, Inc., Class A		50,000		1,877,000

				8,563,400

Schwab Dividend Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Insurance 3.8%
HCC Insurance Holdings, Inc.		250,000		7,532,500
Marsh & McLennan Cos., Inc.		57,500		1,695,675
Prudential Financial, Inc.		180,000		10,562,400
The Chubb Corp.		201,000		12,558,480
The Travelers Cos., Inc.		358,000		19,736,540

				52,085,595

Materials 5.4%
Ashland, Inc.		25,000		1,531,000
Ball Corp.		150,000		5,820,000
Celanese Corp., Series A		77,900		4,294,627
Eastman Chemical Co.		75,000		7,244,250
International Paper Co.		500,000		14,850,000
MeadWestvaco Corp.		486,500		15,149,610
PPG Industries, Inc.		256,000		21,555,200
Sonoco Products Co.		100,000		3,205,000

				73,649,687

Media 1.0%
Gannett Co., Inc.		100,000		1,276,000
Time Warner, Inc.		365,000		12,833,400

				14,109,400

Pharmaceuticals, Biotechnology & Life Sciences 8.1%
Abbott Laboratories		375,000		19,245,000
Bristol-Myers Squibb Co.		935,000		26,797,100
Eli Lilly & Co.		590,000		22,597,000
Johnson & Johnson		230,000		14,901,700
Merck & Co., Inc.		460,000		15,699,800
Pfizer, Inc.		600,000		11,544,000

				110,784,600

Real Estate 1.7%
Jones Lang LaSalle, Inc.		50,000		4,256,000
Rayonier, Inc.		286,200		18,445,590

				22,701,590

Retailing 4.4%
Limited Brands, Inc.		37,000		1,400,820
Macy’s, Inc.		548,500		15,835,195
PetSmart, Inc.		68,000		2,925,360
The Home Depot, Inc.		450,000		15,718,500
The TJX Cos., Inc.		400,000		22,120,000
Williams-Sonoma, Inc.		45,000		1,665,900

				59,665,775

Semiconductors & Semiconductor Equipment 2.7%
Analog Devices, Inc.		100,000		3,440,000
Intel Corp.		1,125,000		25,121,250
Microchip Technology, Inc.		260,000		8,775,000

				37,336,250

Software & Services 8.9%
Activision Blizzard, Inc.		250,000		2,960,000
Automatic Data Processing, Inc.		300,000		15,447,000
CA, Inc.		650,000		14,495,000
Computer Sciences Corp.		275,000		9,702,000
Fidelity National Information Services, Inc.		50,000		1,501,000
International Business Machines Corp.		307,500		55,918,875
Microsoft Corp.		295,000		8,083,000
Oracle Corp.		450,000		13,761,000

				121,867,875

Technology Hardware & Equipment 4.2%
Harris Corp.		100,000		3,987,000
Hewlett-Packard Co.		450,000		15,822,000
Jabil Circuit, Inc.		490,000		8,971,900
Molex, Inc.		300,000		7,044,000
TE Connectivity Ltd.		276,000		9,502,680
Tellabs, Inc.		194,000		803,160
Xerox Corp.		1,258,000		11,737,140

				57,867,880

Telecommunication Services 5.1%
AT&T, Inc.		1,090,407		31,905,309
Verizon Communications, Inc.		1,049,500		37,036,855

				68,942,164

Transportation 1.1%
Ryder System, Inc.		75,000		4,224,000
United Parcel Service, Inc., Class B		150,000		10,383,000

				14,607,000

Utilities 5.8%
Ameren Corp.		300,000		8,646,000
DTE Energy Co.		568,700		28,344,008
Edison International		175,000		6,662,250
Integrys Energy Group, Inc.		201,200		10,102,252
NiSource, Inc.		625,000		12,581,250
Pinnacle West Capital Corp.		225,000		9,528,750
UGI Corp.		100,000		3,030,000

				78,894,510

Total Common Stock
(Cost $1,134,409,906)				1,338,979,546

Schwab Dividend Equity Fund

Portfolio Holdings (Unaudited) continued


	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 1.5% of net assets

Time Deposit 1.5%
Citibank
0.03%, 08/01/11		20,049,713		20,049,713

Total Short-Term Investment
(Cost $20,049,713)				20,049,713



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $1,154,459,619 and the unrealized appreciation and depreciation were $242,575,260 and ($38,005,620), respectively, with a net unrealized appreciation of $204,569,640.

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Losses

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

200

12,884,000

(25,700

)


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Schwab Dividend Equity Fund

Portfolio Holdings (Unaudited) continued

Assets Valuation Input


	Quoted Prices in					Significant
	Active Markets for			Significant Other		Unobservable
	Identical Assets			Observable Inputs		Inputs
Description	(Level 1)			(Level 2)		(Level 3)		Total

Common Stock(a)		$1,338,979,546			$—		$—		$1,338,979,546
Short-Term Investment(a)		—			20,049,713		—		20,049,713

Total		$1,338,979,546			$20,049,713		$—		$1,359,029,259



Liabilities Valuation Input


Other Financial Instruments
Futures Contracts*		($25,700	)		$—		$—		($25,700	)


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

REG46824JUL11

Schwab Capital Trust
Schwab Large-Cap Growth Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.9%

Common Stock

184,586,901

225,217,118

.0%

Short-Term Investment

2,339,888

.9%

Total Investments

186,926,789

227,557,006

.1%

Other Assets and Liabilities, Net

299,770

100

.0%

Total Net Assets

227,856,776


	Number		Value
Security	of Shares		($)

Common Stock 98.9% of net assets

Automobiles & Components 0.3%
Ford Motor Co. *		50,000		610,500

Banks 0.9%
Wells Fargo & Co.		70,000		1,955,800

Capital Goods 8.5%
AGCO Corp. *		92,000		4,362,640
Caterpillar, Inc.		30,000		2,963,700
Deere & Co.		10,000		785,100
Eaton Corp.		59,400		2,848,230
General Electric Co.		75,000		1,343,250
Honeywell International, Inc.		40,000		2,124,000
KBR, Inc.		10,000		356,500
Parker Hannifin Corp.		23,500		1,856,970
The Timken Co.		35,000		1,528,450
Tyco International Ltd.		26,000		1,151,540

				19,320,380

Commercial & Professional Supplies 2.4%
Avery Dennison Corp.		108,300		3,416,865
R.R. Donnelley & Sons Co.		110,000		2,069,100

				5,485,965

Consumer Durables & Apparel 1.1%
NIKE, Inc., Class B		15,000		1,352,250
Tempur-Pedic International, Inc. *		12,200		878,522
Whirlpool Corp.		5,000		346,150

				2,576,922

Consumer Services 2.6%
McDonald’s Corp.		38,400		3,320,832
Wynn Resorts Ltd.		10,000		1,536,800
Yum! Brands, Inc.		20,000		1,056,400

				5,914,032

Diversified Financials 0.8%
American Express Co.		10,800		540,432
JPMorgan Chase & Co.		18,300		740,235
State Street Corp.		15,000		622,050

				1,902,717

Energy 12.4%
Anadarko Petroleum Corp.		39,200		3,236,352
Chevron Corp.		45,500		4,732,910
ConocoPhillips		17,000		1,223,830
El Paso Corp.		225,000		4,623,750
Exxon Mobil Corp.		91,000		7,260,890
Halliburton Co.		15,000		820,950
Hess Corp.		20,000		1,371,200
Murphy Oil Corp.		28,000		1,798,160
National Oilwell Varco, Inc.		3,400		273,938
Peabody Energy Corp.		32,600		1,873,522
Valero Energy Corp.		45,000		1,130,400

				28,345,902

Food & Staples Retailing 1.8%
Costco Wholesale Corp.		30,000		2,347,500
Whole Foods Market, Inc.		25,000		1,667,500

				4,015,000

Food, Beverage & Tobacco 5.0%
Archer-Daniels-Midland Co.		17,500		531,650
ConAgra Foods, Inc.		39,500		1,011,595
Dr Pepper Snapple Group, Inc.		23,000		868,480
H.J. Heinz Co.		39,300		2,068,752
The Hershey Co.		80,000		4,515,200
Tyson Foods, Inc., Class A		136,600		2,398,696

				11,394,373

Health Care Equipment & Services 5.6%
AmerisourceBergen Corp.		25,000		957,750
Cardinal Health, Inc.		31,900		1,395,944
DaVita, Inc. *		38,000		3,174,520
Henry Schein, Inc. *		21,600		1,435,536
Humana, Inc.		34,000		2,535,720
McKesson Corp.		39,000		3,163,680

				12,663,150

Household & Personal Products 3.5%
Energizer Holdings, Inc. *		41,900		3,378,816
Herbalife Ltd.		81,000		4,513,320

				7,892,136

Schwab Large-Cap Growth Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Insurance 1.0%
Aflac, Inc.		47,500		2,187,850

Materials 7.0%
Ball Corp.		104,000		4,035,200
Celanese Corp., Series A		75,700		4,173,341
CF Industries Holdings, Inc.		2,000		310,640
International Paper Co.		88,300		2,622,510
MeadWestvaco Corp.		100,000		3,114,000
PPG Industries, Inc.		20,000		1,684,000

				15,939,691

Media 0.9%
DISH Network Corp., Class A *		10,000		296,300
The McGraw-Hill Cos., Inc.		33,000		1,372,800
Time Warner, Inc.		10,000		351,600

				2,020,700

Pharmaceuticals, Biotechnology & Life Sciences 6.0%
Agilent Technologies, Inc. *		15,000		632,400
Allergan, Inc.		61,000		4,959,910
Johnson & Johnson		20,000		1,295,800
Mylan, Inc. *		55,000		1,252,900
Perrigo Co.		10,000		903,100
Thermo Fisher Scientific, Inc. *		9,000		540,810
Waters Corp. *		30,000		2,636,700
Watson Pharmaceuticals, Inc. *		20,500		1,376,165

				13,597,785

Real Estate 2.7%
CB Richard Ellis Group, Inc., Class A *		167,000		3,640,600
Jones Lang LaSalle, Inc.		30,000		2,553,600

				6,194,200

Retailing 7.3%
Dollar Tree, Inc. *		63,000		4,172,490
Kohl’s Corp.		13,000		711,230
Limited Brands, Inc.		7,000		265,020
Macy’s, Inc.		38,000		1,097,060
PetSmart, Inc.		95,000		4,086,900
Target Corp.		33,500		1,724,915
The TJX Cos., Inc.		85,000		4,700,500

				16,758,115

Semiconductors & Semiconductor Equipment 2.1%
Applied Materials, Inc.		35,000		431,200
Intel Corp.		120,000		2,679,600
Lam Research Corp. *		27,000		1,103,760
ON Semiconductor Corp. *		75,000		651,750

				4,866,310

Software & Services 16.2%
Accenture plc, Class A		97,000		5,736,580
BMC Software, Inc. *		45,000		1,944,900
CA, Inc.		130,000		2,899,000
International Business Machines Corp.		67,400		12,256,690
Intuit, Inc. *		94,900		4,431,830
MasterCard, Inc., Class A		12,000		3,639,000
Microsoft Corp.		75,000		2,055,000
Oracle Corp.		77,300		2,363,834
Symantec Corp. *		80,000		1,524,800

				36,851,634

Technology Hardware & Equipment 7.1%
Dell, Inc. *		33,000		535,920
EMC Corp. *		133,200		3,473,856
Hewlett-Packard Co.		122,000		4,289,520
NetApp, Inc. *		35,000		1,663,200
SanDisk Corp. *		20,000		850,600
TE Connectivity Ltd.		60,000		2,065,800
Western Digital Corp. *		94,000		3,239,240

				16,118,136

Telecommunication Services 0.9%
MetroPCS Communications, Inc. *		129,000		2,100,120

Transportation 2.7%
Delta Air Lines, Inc. *		188,000		1,483,320
United Parcel Service, Inc., Class B		69,000		4,776,180

				6,259,500

Utilities 0.1%
The AES Corp. *		20,000		246,200

Total Common Stock
(Cost $184,586,901)				225,217,118



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 1.0% of net assets

Time Deposit 1.0%
Citibank
0.03%, 08/01/11		2,339,888		2,339,888

Total Short-Term Investment
(Cost $2,339,888)				2,339,888



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $187,385,071 and the unrealized appreciation and depreciation were $43,523,647 and ($3,351,712), respectively, with a net unrealized appreciation of $40,171,935.


*		Non-income producing security.

Schwab Large-Cap Growth Fund

Portfolio Holdings (Unaudited) continued

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

1,932,600

36,848


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$225,217,118		$—		$—		$225,217,118
Short-Term Investment(a)		—		2,339,888		—		2,339,888

Total		$225,217,118		$2,339,888		$—		$227,557,006

Other Financial Instruments
Futures Contracts*		$36,848		$—		$—		$36,848


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

Schwab Capital Trust
Schwab Small-Cap Equity Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	96	.4%	Common Stock		195,902,442		231,251,138
	3	.4%	Short-Term Investments		8,237,558		8,237,558


	99	.8%	Total Investments		204,140,000		239,488,696
	0	.4%	Collateral Invested for Securities on Loan		894,443		894,443
	(0	.2)%	Other Assets and Liabilities, Net				(417,664	)


	100	.0%	Total Net Assets				239,965,475


	Number		Value
Security	of Shares		($)

Common Stock 96.4% of net assets

Automobiles & Components 0.2%
Standard Motor Products, Inc.		42,100		597,820

Banks 3.8%
1st Source Corp.		19,600		451,780
BancFirst Corp.		26,800		1,022,152
Bank of Kentucky Financial Corp. (a)		9,300		222,084
Banner Corp.		48,471		897,683
Capital City Bank Group, Inc.		4,200		43,302
Chemical Financial Corp.		17,400		330,078
Community Trust Bancorp, Inc.		3,400		92,208
Enterprise Financial Services Corp.		4,600		64,170
First Busey Corp.		35,600		184,764
First Citizens BancShares, Inc., Class A		7,600		1,368,912
First Defiance Financial Corp. *		16,800		246,288
First Interstate BancSystem, Inc.		5,312		71,074
First Merchants Corp.		20,400		182,580
Great Southern Bancorp, Inc.		2,200		40,172
Heritage Commerce Corp. *		36,500		182,135
MainSource Financial Group, Inc.		19,800		182,952
Metro Bancorp, Inc. *		12,400		142,228
Renasant Corp.		12,500		191,250
Republic Bancorp, Inc., Class A		25,300		458,183
Southwest Bancorp, Inc. *		38,800		240,560
StellarOne Corp.		11,800		146,792
UMB Financial Corp.		30,300		1,257,450
Union First Market Bankshares Corp.		4,400		54,780
Webster Financial Corp.		3,100		63,302
WesBanco, Inc.		12,600		258,930
Western Alliance Bancorp *		91,500		643,245

				9,039,054

Capital Goods 9.6%
Aircastle Ltd.		111,870		1,280,912
Alamo Group, Inc.		45,900		1,097,469
Albany International Corp., Class A		25,100		666,907
Altra Holdings, Inc. *		92,300		2,052,752
Astec Industries, Inc. *		16,600		622,832
Blount International, Inc. *		37,800		628,614
Cubic Corp.		26,700		1,296,018
DXP Enterprises, Inc. *		10,700		290,933
Esterline Technologies Corp. *		22,900		1,748,873
General Cable Corp. *		36,600		1,455,582
Great Lakes Dredge & Dock Co.		156,000		928,200
Kadant, Inc. *		30,000		789,300
L.B. Foster Co., Class A		4,000		139,000
Layne Christensen Co. *		39,900		1,169,469
Lydall, Inc. *		13,000		157,040
Miller Industries, Inc.		13,000		212,940
Moog, Inc., Class A *		34,800		1,425,060
Mueller Industries, Inc.		27,700		1,039,581
NACCO Industries, Inc., Class A		8,400		763,392
Primoris Services Corp.		44,200		539,240
Tredegar Corp.		34,900		665,194
TriMas Corp. *		79,000		1,893,630
Trinity Industries, Inc.		46,700		1,391,193
Twin Disc, Inc.		21,700		824,600

				23,078,731

Commercial & Professional Supplies 3.7%
A.T. Cross Co., Class A *		18,200		268,814
Consolidated Graphics, Inc. *		39,000		2,012,010
G & K Services, Inc., Class A		44,400		1,512,708
Insperity, Inc.		15,600		455,832
Intersections, Inc.		35,200		683,584
Kelly Services, Inc., Class A *		45,600		713,640
Multi-Color Corp.		4,800		129,264
Steelcase, Inc., Class A		105,000		1,042,650
Sykes Enterprises, Inc. *		47,100		909,030
UniFirst Corp.		13,400		734,990
Viad Corp.		19,500		404,235

				8,866,757

Consumer Durables & Apparel 5.0%
Arctic Cat, Inc. *		12,200		201,056
Blyth, Inc.		37,025		2,342,202
Brunswick Corp.		67,900		1,482,257
CSS Industries, Inc.		3,100		61,504
Delta Apparel, Inc. *		6,500		127,855
Helen of Troy Ltd. *		30,200		973,950
JAKKS Pacific, Inc. *		29,700		518,265
Jarden Corp.		40,100		1,242,699
Libbey, Inc. *		65,200		1,008,644
Lifetime Brands, Inc.		9,100		100,100
Movado Group, Inc.		21,600		349,488

Schwab Small-Cap Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Perry Ellis International, Inc. *		59,000		1,378,830
Quiksilver, Inc. *		376,681		1,981,342
Steinway Musical Instruments, Inc. *		7,800		226,122
Unifi, Inc. *		5,033		64,573

				12,058,887

Consumer Services 2.6%
Ameristar Casinos, Inc.		55,800		1,238,760
Biglari Holdings, Inc. *		3,200		1,178,144
Churchill Downs, Inc.		7,400		325,082
Mac-Gray Corp.		4,000		58,800
Papa John’s International, Inc. *		44,800		1,398,208
Service Corp. International		135,000		1,413,450
Steiner Leisure Ltd. *		2,600		126,412
Town Sports International Holdings, Inc. *		45,183		412,973

				6,151,829

Diversified Financials 4.6%
Advance America Cash Advance Centers, Inc.		105,400		743,070
BGC Partners, Inc., Class A		243,400		1,993,446
Calamos Asset Management, Inc., Class A		69,600		947,952
Cash America International, Inc.		25,500		1,426,980
First Cash Financial Services, Inc. *		53,000		2,293,310
HFF, Inc., Class A *		19,300		291,430
Interactive Brokers Group, Inc., Class A		75,000		1,135,500
Nelnet, Inc., Class A		55,788		1,124,686
PHH Corp. *		57,000		1,069,320

				11,025,694

Energy 10.1%
Bristow Group, Inc.		27,600		1,338,048
Callon Petroleum Co. *		99,800		695,606
Cloud Peak Energy, Inc. *		57,500		1,282,250
Crosstex Energy, Inc.		167,100		2,439,660
CVR Energy, Inc. *		114,700		3,079,695
Delek US Holdings, Inc.		62,000		1,030,440
Exterran Holdings, Inc. *		35,400		654,192
Gulf Island Fabrication, Inc.		32,100		1,110,660
Mitcham Industries, Inc. *		56,800		1,031,488
Newpark Resources, Inc. *		160,400		1,490,116
Parker Drilling Co. *		200,800		1,273,072
REX American Resources Corp. *		4,700		80,981
SEACOR Holdings, Inc.		12,000		1,204,320
SemGroup Corp. *		43,700		1,017,336
Stone Energy Corp. *		43,600		1,415,256
TETRA Technologies, Inc. *		109,800		1,413,126
W&T Offshore, Inc.		47,900		1,298,090
Western Refining, Inc. *		117,000		2,390,310

				24,244,646

Food, Beverage & Tobacco 1.8%
Alliance One International, Inc. *		61,100		201,019
Coca-Cola Bottling Co.		20,600		1,329,112
Dole Food Co., Inc. (a)*		46,495		659,764
Fresh Del Monte Produce, Inc.		43,900		1,075,989
MGP Ingredients, Inc.		7,900		62,173
Omega Protein Corp. *		80,000		969,600

				4,297,657

Health Care Equipment & Services 3.5%
AMERIGROUP Corp. *		4,400		242,000
ArthroCare Corp. *		22,600		746,930
Cantel Medical Corp.		36,900		919,917
Centene Corp. *		7,300		239,513
CryoLife, Inc. *		46,100		265,997
Greatbatch, Inc. *		28,300		705,236
Healthspring, Inc. *		19,500		800,280
Integra LifeSciences Holdings *		7,400		333,518
Invacare Corp.		39,800		1,193,204
MedCath Corp. *		15,700		205,984
National Healthcare Corp.		5,200		247,364
Providence Service Corp. *		11,700		138,645
RTI Biologics, Inc. *		82,600		271,754
WellCare Health Plans, Inc. *		32,400		1,420,740
Wright Medical Group, Inc. *		48,500		758,540

				8,489,622

Household & Personal Products 0.5%
Elizabeth Arden, Inc. *		29,400		947,268
Revlon, Inc., Class A *		15,900		267,756

				1,215,024

Insurance 3.0%
American Equity Investment Life Holding Co.		90,900		1,078,983
American Financial Group, Inc.		39,100		1,328,618
CNO Financial Group, Inc. *		170,200		1,250,970
FBL Financial Group, Inc., Class A		16,600		522,568
Independence Holding Co.		11,300		101,474
Maiden Holdings Ltd.		63,200		585,864
Meadowbrook Insurance Group, Inc.		20,400		191,760
Symetra Financial Corp.		88,000		1,105,280
Unitrin, Inc.		40,100		1,129,617

				7,295,134

Materials 5.8%
Boise, Inc.		132,900		920,997
Buckeye Technologies, Inc.		47,300		1,271,897
Ferro Corp. *		88,200		1,148,364
Georgia Gulf Corp. *		43,500		871,740
Graphic Packaging Holding Co. *		109,500		542,025
Handy & Harman Ltd. *		17,500		247,625
Minerals Technologies, Inc.		18,400		1,191,952
Neenah Paper, Inc.		57,300		1,156,887
P.H. Glatfelter Co.		75,100		1,133,259
PolyOne Corp.		135,300		2,097,150
Rockwood Holdings, Inc. *		39,900		2,412,753
TPC Group, Inc. *		22,200		891,330

				13,885,979

Schwab Small-Cap Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Media 1.3%
AH Belo Corp., Class A		25,000		160,000
Cinemark Holdings, Inc.		39,700		773,753
Fisher Communications, Inc. *		9,200		269,744
Journal Communications, Inc., Class A *		78,800		390,848
Sinclair Broadcast Group, Inc., Class A		106,600		1,056,406
The E.W. Scripps Co., Class A *		40,600		349,972

				3,000,723

Pharmaceuticals, Biotechnology & Life Sciences 7.7%
Affymetrix, Inc. *		158,300		894,395
Akorn, Inc. *		99,700		690,921
Albany Molecular Research, Inc. *		79,200		378,576
Bio-Rad Laboratories, Inc., Class A *		12,000		1,308,000
Caliper Life Sciences, Inc. *		99,600		811,740
Cambrex Corp. *		105,400		464,814
Cornerstone Therapeutics, Inc. *		6,900		52,164
Cubist Pharmaceuticals, Inc. *		30,400		1,032,688
Hi-Tech Pharmacal Co., Inc. *		40,700		1,151,403
Impax Laboratories, Inc. *		73,400		1,554,612
Luminex Corp. *		32,500		661,375
Medicis Pharmaceutical Corp., Class A		58,900		2,189,902
Par Pharmaceutical Cos., Inc. *		74,900		2,426,011
PDL BioPharma, Inc.		184,900		1,144,531
PerkinElmer, Inc.		19,900		486,754
SuperGen, Inc. *		116,200		355,572
The Medicines Co. *		97,400		1,459,052
ViroPharma, Inc. *		84,500		1,527,760

				18,590,270

Real Estate 5.9%
Acadia Realty Trust		20,700		434,493
Alexander’s, Inc.		300		120,300
American Campus Communities, Inc.		40,500		1,507,410
Apartment Investment & Management Co., Class A		39,600		1,081,080
Ashford Hospitality Trust		108,500		1,182,650
CBL & Associates Properties, Inc.		83,200		1,477,632
Equity Lifestyle Properties, Inc.		5,400		351,864
Home Properties, Inc.		21,500		1,408,680
Pennsylvania REIT		76,300		1,113,980
Potlatch Corp.		22,700		754,094
RAIT Financial Trust (a)		33,632		186,994
Strategic Hotel & Resorts, Inc. *		173,700		1,181,160
Sunstone Hotel Investors, Inc. *		121,100		1,079,001
Taubman Centers, Inc.		16,800		1,006,320
U-Store-It Trust		108,400		1,154,460

				14,040,118

Retailing 4.7%
Ascena Retail Group, Inc. *		38,900		1,257,248
Charming Shoppes, Inc. *		294,800		1,208,680
Dillard’s, Inc., Class A		34,000		1,912,840
Pier 1 Imports, Inc. *		103,600		1,138,564
Saks, Inc. *		109,100		1,171,734
Select Comfort Corp. *		92,100		1,549,122
Stein Mart, Inc.		36,600		347,700
Systemax, Inc. *		14,400		234,576
The Finish Line, Inc., Class A		75,200		1,601,760
The Pep Boys - Manny, Moe & Jack		74,900		805,175

				11,227,399

Semiconductors & Semiconductor Equipment 5.5%
Alpha & Omega Semiconductor Ltd. *		27,200		305,728
Amkor Technology, Inc. *		175,900		937,547
ATMI, Inc. *		45,300		844,845
Diodes, Inc. *		76,100		1,792,155
Entegris, Inc. *		156,400		1,340,348
Fairchild Semiconductor International, Inc. *		111,600		1,675,116
FEI Co. *		46,000		1,519,840
International Rectifier Corp. *		43,700		1,122,653
IXYS Corp. *		26,700		364,188
LTX-Credence Corp. *		42,300		304,137
MKS Instruments, Inc.		31,400		783,430
Photronics, Inc. *		291,800		2,182,664
SunPower Corp., Class A (a)*		4,669		91,652

				13,264,303

Software & Services 9.2%
ACI Worldwide, Inc. *		47,900		1,732,064
Acxiom Corp. *		75,200		1,033,248
CACI International, Inc., Class A *		23,200		1,370,656
Cardtronics, Inc. *		87,600		2,013,048
Convergys Corp. *		104,300		1,297,492
CoreLogic, Inc. *		71,300		1,125,114
DST Systems, Inc.		8,600		440,234
Euronet Worldwide, Inc. *		76,800		1,317,888
Hackett Group, Inc. *		27,500		120,175
InfoSpace, Inc. *		43,400		413,602
Keynote Systems, Inc.		20,200		483,790
Manhattan Associates, Inc. *		51,100		1,906,030
MAXIMUS, Inc.		33,400		1,290,242
MoneyGram International, Inc. *		129,000		433,440
Monotype Imaging Holdings, Inc. *		65,000		890,500
PRGX Global, Inc. *		42,500		277,100
TeleTech Holdings, Inc. *		99,800		1,975,042
TIBCO Software, Inc. *		19,700		512,988
TNS, Inc. *		15,200		256,880
Unisys Corp. *		41,240		856,555
United Online, Inc.		159,300		951,021
VeriFone Systems, Inc. *		33,100		1,303,147

				22,000,256

Technology Hardware & Equipment 2.4%
Insight Enterprises, Inc. *		93,800		1,578,654
KEMET Corp. *		21,800		265,960
Newport Corp. *		37,200		578,088
Oplink Communications, Inc. *		64,100		1,082,008
OSI Systems, Inc. *		11,600		478,964
Symmetricom, Inc. *		74,300		421,281
Vishay Intertechnology, Inc. *		92,500		1,273,725

				5,678,680

Schwab Small-Cap Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Telecommunication Services 0.8%
IDT Corp., Class B		62,800		1,515,364
SureWest Communications		28,300		371,296

				1,886,660

Transportation 1.6%
Alaska Air Group, Inc. *		33,600		2,053,632
AMERCO *		10,100		910,414
International Shipholding Corp.		16,600		341,794
Park-Ohio Holdings Corp. *		12,500		237,625
Saia, Inc. *		15,100		227,557

				3,771,022

Utilities 3.1%
NorthWestern Corp.		36,900		1,181,538
PNM Resources, Inc.		89,700		1,347,294
Portland General Electric Co.		57,100		1,414,938
Southwest Gas Corp.		62,900		2,345,541
Unisource Energy Corp.		34,100		1,255,562

				7,544,873

Total Common Stock
(Cost $195,902,442)				231,251,138



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investments 3.4% of net assets

Time Deposits 3.4%
Bank of America
0.03%, 08/01/11		1,016,468		1,016,468
Citibank
0.03%, 08/01/11		7,221,090		7,221,090

Total Short-Term Investments
(Cost $8,237,558)				8,237,558



End of Investments.


	Number		Value
Security	of Shares		($)

Collateral Invested for Securities on Loan 0.4% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		894,443		894,443

Total Collateral Invested for Securities on Loan
(Cost $894,443)				894,443



End of Collateral Invested for Securities on Loan

At 07/31/11, the tax basis cost of the fund’s investments was $204,204,997 and the unrealized appreciation and depreciation were $42,814,274 and ($7,530,575), respectively, with a net unrealized appreciation of $35,283,699.


*		Non-income producing security.
(a)		All or a portion of this security is on loan.

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

Russell 2000 Index, mini, Long, expires 09/16/11

100

7,955,000

194,825


REIT —		Real Estate Investment Trust


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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. As investments whose values are classified as Level 2 prices include positions

Schwab Small-Cap Equity Fund

Portfolio Holdings (Unaudited) continued


		that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.


	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$231,251,138		$—		$—		$231,251,138
Short-Term Investments(a)		—		8,237,558		—		8,237,558

Total		$231,251,138		$8,237,558		$—		$239,488,696

Other Financial Instruments
Collateral Invested for Securities on Loan		$894,443		$—		$—		$894,443
Futures Contracts*		194,825		—		—		194,825


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

REG46825JUL11

Schwab Capital Trust
Schwab Hedged Equity Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost			Value
Holdings by Category				($)			($)

	94	.5%	Common Stock		237,770,505			265,008,386
	5	.5%	Other Investment Company		15,558,586			15,558,586


	100	.0%	Total Investments		253,329,091			280,566,972
	(36	.3)%	Short Sales		(97,541,960	)		(101,840,902	)
	36	.3%	Other Assets and Liabilities, Net					101,711,045


	100	.0%	Total Net Assets					280,437,115


	Number		Value
Security	of Shares		($)

Common Stock 94.5% of net assets

Banks 2.3%
Fifth Third Bancorp		75,300		952,545
PNC Financial Services Group, Inc. (a)		55,200		2,996,808
SunTrust Banks, Inc.		12,900		315,921
Wells Fargo & Co. (a)		83,300		2,327,402

				6,592,676

Capital Goods 6.3%
AGCO Corp. *		19,300		915,206
Cubic Corp.		42,500		2,062,950
Eaton Corp.		35,600		1,707,020
General Cable Corp. (a)*		99,500		3,957,115
General Electric Co.		95,800		1,715,778
KBR, Inc.		18,700		666,655
The Timken Co.		56,800		2,480,456
Tyco International Ltd. (a)		96,600		4,278,414

				17,783,594

Commercial & Professional Supplies 2.8%
Avery Dennison Corp. (a)		104,100		3,284,355
KAR Auction Services, Inc. *		11,000		195,580
R.R. Donnelley & Sons Co. (a)		238,900		4,493,709

				7,973,644

Consumer Durables & Apparel 1.6%
Harman International Industries, Inc.		8,000		332,800
Jarden Corp.		4,300		133,257
Mohawk Industries, Inc. *		33,000		1,716,990
Newell Rubbermaid, Inc.		16,100		249,872
Whirlpool Corp. (a)		28,000		1,938,440

				4,371,359

Consumer Services 1.8%
Brinker International, Inc.		84,000		2,017,680
Penn National Gaming, Inc. (a)*		52,100		2,184,553
Service Corp. International (a)		80,400		841,788

				5,044,021

Diversified Financials 5.4%
Capital One Financial Corp.		49,100		2,346,980
JPMorgan Chase & Co. (a)		161,200		6,520,540
Legg Mason, Inc.		20,900		614,878
The NASDAQ OMX Group, Inc. (a)*		80,300		1,932,821
UBS AG - Reg’d *		232,400		3,829,952

				15,245,171

Energy 11.8%
Anadarko Petroleum Corp. (a)		35,700		2,947,392
Chevron Corp.		54,900		5,710,698
ConocoPhillips		41,700		3,001,983
Exxon Mobil Corp.		45,200		3,606,508
Hess Corp.		58,600		4,017,616
Murphy Oil Corp. (a)		64,200		4,122,924
Nabors Industries Ltd. *		72,200		1,906,802
Oceaneering International, Inc.		53,000		2,289,600
SEACOR Holdings, Inc.		11,000		1,103,960
Sunoco, Inc. (a)		49,600		2,016,240
Tesoro Corp. *		8,700		211,323
Valero Energy Corp.		87,100		2,187,952

				33,122,998

Food & Staples Retailing 1.6%
Ruddick Corp.		12,300		515,370
Safeway, Inc.		87,200		1,758,824
The Kroger Co.		92,500		2,300,475

				4,574,669

Food, Beverage & Tobacco 6.6%
Bunge Ltd.		27,800		1,912,918
Constellation Brands, Inc., Class A *		97,300		1,983,947
Corn Products International, Inc. (a)		84,000		4,274,760
Dean Foods Co. *		79,600		877,192
Fresh Del Monte Produce, Inc.		45,700		1,120,107
H.J. Heinz Co.		17,100		900,144
Smithfield Foods, Inc. *		148,700		3,274,374
Tyson Foods, Inc., Class A (a)		239,200		4,200,352

				18,543,794

Health Care Equipment & Services 1.8%
Cardinal Health, Inc. (a)		36,700		1,605,992
McKesson Corp. (a)		41,300		3,350,256

				4,956,248

Schwab Hedged Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Household & Personal Products 0.9%
Herbalife Ltd.		46,200		2,574,264

Insurance 3.1%
American Financial Group, Inc. (a)		129,100		4,386,818
Fidelity National Financial, Inc., Class A		4,800		78,240
Principal Financial Group, Inc.		37,300		1,030,599
Prudential Financial, Inc. (a)		35,000		2,053,800
The Hartford Financial Services Group, Inc.		51,300		1,201,446

				8,750,903

Materials 8.3%
Alcoa, Inc.		140,100		2,063,673
Ashland, Inc. (a)		13,300		814,492
Ball Corp. (a)		34,700		1,346,360
Cytec Industries, Inc.		30,500		1,708,000
Ferro Corp. *		70,900		923,118
International Paper Co. (a)		156,300		4,642,110
MeadWestvaco Corp. (a)		143,900		4,481,046
PolyOne Corp. (a)		171,900		2,664,450
PPG Industries, Inc.		53,600		4,513,120

				23,156,369

Media 1.3%
CBS Corp., Class B - Non Voting Shares		88,400		2,419,508
The Interpublic Group of Cos., Inc.		29,000		284,490
Time Warner, Inc. (a)		28,933		1,017,284

				3,721,282

Pharmaceuticals, Biotechnology & Life Sciences 7.7%
Agilent Technologies, Inc. *		18,000		758,880
Bio-Rad Laboratories, Inc., Class A *		1,900		207,100
Bristol-Myers Squibb Co. (a)		103,100		2,954,846
Eli Lilly & Co.		71,200		2,726,960
Life Technologies Corp. *		42,200		1,900,266
Mylan, Inc. *		47,900		1,091,162
PerkinElmer, Inc.		78,200		1,912,772
Pfizer, Inc. (a)		268,500		5,165,940
Watson Pharmaceuticals, Inc. (a)*		70,600		4,739,378

				21,457,304

Real Estate 4.4%
Apartment Investment & Management Co., Class A (a)		105,800		2,888,340
Camden Property Trust		13,100		878,617
CB Richard Ellis Group, Inc., Class A (a)*		131,900		2,875,420
Jones Lang LaSalle, Inc.		31,000		2,638,720
Rayonier, Inc. (a)		41,600		2,681,120
Vornado Realty Trust		3,400		318,070

				12,280,287

Retailing 4.4%
Dillard’s, Inc., Class A		37,800		2,126,628
J.C. Penney Co., Inc.		67,300		2,070,148
Macy’s, Inc. (a)		77,800		2,246,086
PetSmart, Inc. (a)		76,400		3,286,728
Pier 1 Imports, Inc. *		53,700		590,163
Williams-Sonoma, Inc.		53,400		1,976,868

				12,296,621

Semiconductors & Semiconductor Equipment 1.0%
Amkor Technology, Inc. *		147,054		783,798
Fairchild Semiconductor International, Inc. *		28,700		430,787
Micron Technology, Inc. (a)*		198,600		1,463,682

				2,678,267

Software & Services 10.1%
Accenture plc, Class A		15,800		934,412
ACI Worldwide, Inc. *		1,600		57,856
CA, Inc. (a)		89,700		2,000,310
Computer Sciences Corp. (a)		81,500		2,875,320
Convergys Corp. *		161,300		2,006,572
DST Systems, Inc.		80,200		4,105,438
Fidelity National Information Services, Inc.		10,000		300,200
International Business Machines Corp. (a)		44,900		8,165,065
MAXIMUS, Inc.		53,000		2,047,390
Symantec Corp. (a)*		118,600		2,260,516
Synopsys, Inc. *		72,200		1,730,634
TeleTech Holdings, Inc. *		90,900		1,798,911

				28,282,624

Technology Hardware & Equipment 3.8%
AVX Corp.		60,700		844,944
Brocade Communications Systems, Inc. *		310,600		1,702,088
EchoStar Corp., Class A (a)*		54,300		1,816,878
Jabil Circuit, Inc.		36,400		666,484
NCR Corp. *		108,900		2,172,555
Tech Data Corp. (a)*		39,600		1,848,132
Vishay Intertechnology, Inc. *		11,100		152,847
Xerox Corp.		155,600		1,451,748

				10,655,676

Telecommunication Services 2.6%
AT&T, Inc. (a)		108,200		3,165,932
Telephone & Data Systems, Inc. (a)		125,500		3,559,180
Verizon Communications, Inc.		19,000		670,510

				7,395,622

Transportation 1.5%
Alaska Air Group, Inc. (a)*		67,200		4,107,264

Utilities 3.4%
Ameren Corp. (a)		88,900		2,562,098

Schwab Hedged Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
NiSource, Inc. (a)		156,000		3,140,280
Southwest Gas Corp. (a)		62,500		2,330,625
The AES Corp. (a)*		114,600		1,410,726

				9,443,729

Total Common Stock
(Cost $237,770,505)				265,008,386




Other Investment Company 5.5% of net assets

Money Fund 5.5%
State Street Institutional Liquid Reserves Fund - Institutional Class		15,558,586		15,558,586

Total Other Investment Company
(Cost $15,558,586)				15,558,586



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $253,345,388 and the unrealized appreciation and depreciation were $39,509,101 and ($12,287,517), respectively, with a net unrealized appreciation of $27,221,584.


*		Non-income producing security.
(a)		All or a portion of this security is held as collateral for short sales.


Reg’d —		Registered

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

100

6,442,000

16,200

Schwab Hedged Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Short Sales 36.3% of net assets

Automobiles & Components 1.4%
BorgWarner, Inc. *		22,100		1,759,602
Gentex Corp.		76,400		2,165,176

				3,924,778

Banks 1.6%
Capitol Federal Financial, Inc.		127,200		1,455,168
MGIC Investment Corp. *		6,400		25,472
New York Community Bancorp, Inc.		100,400		1,358,412
People’s United Financial, Inc.		133,000		1,686,440

				4,525,492

Capital Goods 3.0%
Foster Wheeler AG *		46,400		1,257,440
Lennox International, Inc.		35,000		1,294,300
Precision Castparts Corp.		15,100		2,436,838
Terex Corp. *		65,800		1,461,418
TransDigm Group, Inc. *		12,000		1,080,840
USG Corp. *		73,400		835,292

				8,366,128

Consumer Durables & Apparel 2.0%
D.R. Horton, Inc.		38,900		462,132
Lennar Corp., Class A		45,100		797,819
M.D.C. Holdings, Inc.		38,900		879,529
PulteGroup, Inc. *		192,800		1,324,536
Toll Brothers, Inc. *		106,800		2,131,728

				5,595,744

Diversified Financials 2.2%
Greenhill & Co., Inc.		1,800		79,272
Invesco Ltd.		65,800		1,459,444
Northern Trust Corp.		32,100		1,441,451
T. Rowe Price Group, Inc.		25,600		1,454,080
TD Ameritrade Holding Corp.		102,300		1,878,228

				6,312,475

Energy 3.3%
Carrizo Oil & Gas, Inc. *		23,300		894,720
Cobalt International Energy, Inc. *		153,800		1,894,816
Continental Resources, Inc. *		24,600		1,687,314
EOG Resources, Inc.		13,700		1,397,400
Range Resources Corp.		28,300		1,844,028
Ultra Petroleum Corp. *		32,500		1,521,650

				9,239,928

Food & Staples Retailing 0.5%
United Natural Foods, Inc. *		36,100		1,507,175

Food, Beverage & Tobacco 1.2%
General Mills, Inc.		15,200		567,720
Green Mountain Coffee Roasters, Inc. *		27,600		2,869,020

				3,436,740

Health Care Equipment & Services 1.7%
Accretive Health, Inc. *		64,800		1,946,592
Dexcom, Inc. *		90,800		1,287,544
Intuitive Surgical, Inc. *		3,400		1,361,870
MAKO Surgical Corp. *		6,900		198,789

				4,794,795

Household & Personal Products 0.6%
The Clorox Co.		22,300		1,596,457

Insurance 1.7%
Assured Guaranty Ltd.		108,300		1,532,445
MBIA, Inc. *		175,100		1,610,920
Old Republic International Corp.		140,400		1,465,776
RLI Corp.		2,900		183,135

				4,792,276

Materials 4.0%
Allied Nevada Gold Corp. *		45,500		1,733,550
Intrepid Potash, Inc. *		23,900		794,675
Martin Marietta Materials, Inc.		7,802		589,987
Molycorp, Inc. *		25,400		1,616,202
Southern Copper Corp.		47,900		1,636,264
United States Steel Corp.		40,500		1,619,595
Vulcan Materials Co.		48,700		1,669,923
Walter Energy, Inc.		12,700		1,556,639

				11,216,835

Media 0.1%
DreamWorks Animation SKG, Inc., Class A *		8,900		194,554

Other Investment Company 2.5%
iShares S&P 100 Index Fund		120,000		6,972,000

Pharmaceuticals, Biotechnology & Life Sciences 1.9%
Human Genome Sciences, Inc. *		73,100		1,535,831
Regeneron Pharmaceuticals, Inc. *		25,700		1,363,642
Seattle Genetics, Inc. *		24,800		422,344
Vertex Pharmaceuticals, Inc. *		40,700		2,110,702

				5,432,519

Real Estate 0.5%
Boston Properties, Inc.		13,500		1,449,360

Retailing 0.6%
Urban Outfitters, Inc. *		51,300		1,669,302

Semiconductors & Semiconductor Equipment 1.4%
Broadcom Corp., Class A *		45,300		1,679,271

Schwab Hedged Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Cavium, Inc. *		24,500		845,005
Cree, Inc. *		44,200		1,452,412

				3,976,688

Software & Services 1.5%
NetSuite, Inc. *		40,200		1,576,242
OpenTable, Inc. *		11,600		821,976
Pegasystems, Inc.		2,200		88,792
SuccessFactors, Inc. *		50,700		1,368,900
TiVo, Inc. *		27,000		253,800

				4,109,710

Technology Hardware & Equipment 1.7%
Acme Packet, Inc. *		23,000		1,355,160
Aruba Networks, Inc. *		46,500		1,067,175
Ciena Corp. *		84,400		1,304,824
Universal Display Corp. *		31,100		930,201

				4,657,360

Transportation 2.2%
C.H. Robinson Worldwide, Inc.		29,000		2,096,990
Heartland Express, Inc.		93,600		1,433,952
Knight Transportation, Inc.		94,600		1,489,004
UTI Worldwide, Inc.		75,200		1,215,984

				6,235,930

Utilities 0.7%
Southern Co.		46,400		1,834,656

Total Short Sales
(Proceeds $97,541,960)				101,840,902



End of Short Sale Positions.


*		Non-income producing security


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Schwab Hedged Equity Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in					Significant
	Active Markets for			Significant Other		Unobservable
	Identical Assets			Observable Inputs		Inputs
Description	(Level 1)			(Level 2)		(Level 3)		Total

Common Stock(a)		$265,008,386			$—		$—		$265,008,386
Other Investment Company(a)		15,558,586			—		—		15,558,586

Total		$280,566,972			$—		$—		$280,566,972

Other Financial Instruments
Futures Contracts*		$16,200			$—		$—		$16,200


Liabilities Valuation Input


Other Financial Instruments
Short Sales(a)		($101,840,902	)		$—		$—		($101,840,902	)


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

REG46826JUL11

Schwab Capital Trust
Schwab Financial Services Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	99	.6%	Common Stock		43,060,493		44,444,163
	0	.3%	Short-Term Investment		121,245		121,245


	99	.9%	Total Investments		43,181,738		44,565,408
	0	.4%	Collateral Invested for Securities on Loan		172,083		172,083
	(0	.3)%	Other Assets and Liabilities, Net				(116,480	)


	100	.0%	Total Net Assets				44,621,011


	Number		Value
Security	of Shares		($)

Common Stock 99.6% of net assets

Banks 19.6%
1st Source Corp.		3,100		71,455
Banner Corp.		4,828		89,414
BOK Financial Corp.		1,600		87,136
Commerce Bancshares, Inc.		14,100		576,831
Fifth Third Bancorp		118,900		1,504,085
First California Financial Group, Inc. *		9,700		35,502
First Citizens BancShares, Inc., Class A		400		72,048
MainSource Financial Group, Inc.		6,700		61,908
PNC Financial Services Group, Inc.		7,100		385,459
Southwest Bancorp, Inc. *		10,500		65,100
SunTrust Banks, Inc.		58,900		1,442,461
U.S. Bancorp		12,500		325,750
UMB Financial Corp.		29,100		1,207,650
Wells Fargo & Co.		98,500		2,752,090
Western Alliance Bancorp *		8,700		61,161

				8,738,050

Diversified Financials 36.1%
American Express Co.		27,800		1,391,112
Bank of America Corp.		94,200		914,682
Capital One Financial Corp.		35,200		1,682,560
Citigroup, Inc.		46,650		1,788,561
First Cash Financial Services, Inc. *		10,400		450,008
Interactive Brokers Group, Inc., Class A		53,100		803,934
JPMorgan Chase & Co.		78,300		3,167,235
Legg Mason, Inc.		43,200		1,270,944
PHH Corp. *		13,500		253,260
Raymond James Financial, Inc.		2,400		76,224
SLM Corp.		78,100		1,217,579
State Street Corp.		40,000		1,658,800
The NASDAQ OMX Group, Inc. *		11,400		274,398
UBS AG - Reg’d *		70,700		1,165,136

				16,114,433

Insurance 28.1%
Aflac, Inc.		14,500		667,870
American Equity Investment Life Holding Co.		64,100		760,867
American Financial Group, Inc.		42,450		1,442,451
American National Insurance Co.		600		44,964
Assurant, Inc.		11,100		395,382
Berkshire Hathaway, Inc., Class B *		23,100		1,713,327
CNA Financial Corp.		1,600		44,064
CNO Financial Group, Inc. *		53,300		391,755
FBL Financial Group, Inc., Class A		26,600		837,368
Fidelity National Financial, Inc., Class A		81,000		1,320,300
Loews Corp.		31,400		1,251,918
Principal Financial Group, Inc.		26,300		726,669
Prudential Financial, Inc.		13,500		792,180
Reinsurance Group of America, Inc.		16,400		954,644
Symetra Financial Corp.		9,400		118,064
The Hartford Financial Services Group, Inc.		20,000		468,400
Torchmark Corp.		4,800		193,872
Unitrin, Inc.		14,200		400,014

				12,524,109

Real Estate 15.8%
American Campus Communities, Inc.		6,000		223,320
Apartment Investment & Management Co., Class A		18,800		513,240
Ashford Hospitality Trust		29,700		323,730
BRE Properties, Inc.		5,900		309,632
Camden Property Trust		5,500		368,885
CB Richard Ellis Group, Inc., Class A *		17,200		374,960
CBL & Associates Properties, Inc.		12,700		225,552
Duke Realty Corp.		20,500		287,820
Pennsylvania REIT		15,500		226,300
RAIT Financial Trust (a)		31,632		175,874
Rayonier, Inc.		8,700		560,715
Simon Property Group, Inc.		5,159		621,711
SL Green Realty Corp.		5,300		434,706
Strategic Hotel & Resorts, Inc. *		43,600		296,480
Sunstone Hotel Investors, Inc. *		21,000		187,110
Taubman Centers, Inc.		4,700		281,530
The Macerich Co.		7,800		414,414
Vornado Realty Trust		8,400		785,820
Weyerhaeuser Co.		22,800		455,772

				7,067,571

Total Common Stock
(Cost $43,060,493)				44,444,163

Schwab Financial Services Fund

Portfolio Holdings (Unaudited) continued


	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.3% of net assets

Time Deposit 0.3%
Citibank
0.03%, 08/01/11		121,245		121,245

Total Short-Term Investment
(Cost $121,245)				121,245



End of Investments.


	Number		Value
Security	of Shares		($)

Collateral Invested for Securities on Loan 0.4% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		172,083		172,083

Total Collateral Invested for Securities on Loan
(Cost $172,083)				172,083



End of Collateral Invested for Securities on Loan.

At 07/31/11, the tax basis cost of the fund’s investments was $43,181,864 and the unrealized appreciation and depreciation were $3,385,577 and ($2,002,033), respectively, with a net unrealized appreciation of $1,383,544.


*		Non-income producing security.
(a)		All or a portion of this security is on loan.


Reg’d —		Registered
REIT —		Real Estate Investment Trust


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Schwab Capital Trust
Schwab Health Care Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	76	.4%	Common Stock		254,986,130		332,158,260
	20	.2%	Foreign Common Stock		72,743,953		87,672,670
	0	.0%	Warrants		3,798		11,708
	3	.2%	Short-Term Investments		13,674,336		13,674,336


	99	.8%	Total Investments		341,408,217		433,516,974
	0	.2%	Other Assets and Liabilities, Net				1,078,517


	100	.0%	Total Net Assets				434,595,491


	Number		Value
Security	of Shares		($)

Common Stock 76.4% of net assets

Health Care Equipment & Services 27.2%
AmerisourceBergen Corp.		200,000		7,662,000
Analogic Corp.		10,000		537,900
Baxter International, Inc.		115,000		6,689,550
Becton, Dickinson & Co.		40,000		3,344,400
Cardinal Health, Inc.		100,000		4,376,000
Cerner Corp. *		100,000		6,649,000
CIGNA Corp.		97,000		4,827,690
Coventry Health Care, Inc. *		25,000		800,000
DaVita, Inc. *		100,000		8,354,000
Greatbatch, Inc. *		56,000		1,395,520
Health Management Associates, Inc., Class A *		100,000		950,000
Henry Schein, Inc. *		30,000		1,993,800
Hologic, Inc. *		350,000		6,499,500
Humana, Inc.		100,000		7,458,000
Integra LifeSciences Holdings *		75,000		3,380,250
Invacare Corp.		175,000		5,246,500
LifePoint Hospitals, Inc. *		75,000		2,782,500
McKesson Corp.		100,000		8,112,000
Sirona Dental Systems, Inc. *		115,000		5,816,700
SonoSite, Inc. *		20,000		653,200
Symmetry Medical, Inc. *		50,000		481,500
Tenet Healthcare Corp. *		200,000		1,112,000
The Cooper Cos., Inc.		119,000		9,102,310
UnitedHealth Group, Inc.		265,000		13,151,950
Varian Medical Systems, Inc. *		60,000		3,765,600
Wright Medical Group, Inc. *		147,000		2,299,080
Zimmer Holdings, Inc. *		15,000		900,300

				118,341,250

Pharmaceuticals, Biotechnology & Life Sciences 49.2%
Abbott Laboratories		150,000		7,698,000
Agilent Technologies, Inc. *		39,000		1,644,240
Alexion Pharmaceuticals, Inc. *		170,000		9,656,000
Allergan, Inc.		141,000		11,464,710
Amgen, Inc. *		295,000		16,136,500
Bio-Rad Laboratories, Inc., Class A *		30,000		3,270,000
Biogen Idec, Inc. *		116,000		11,816,920
Bristol-Myers Squibb Co.		530,000		15,189,800
Celgene Corp. *		50,000		2,965,000
Cubist Pharmaceuticals, Inc. *		236,000		8,016,920
Eli Lilly & Co.		385,000		14,745,500
Emergent Biosolutions, Inc. *		30,000		619,500
Enzon Pharmaceuticals, Inc. *		85,000		826,200
Gilead Sciences, Inc. *		35,000		1,482,600
Impax Laboratories, Inc. *		110,000		2,329,800
Johnson & Johnson		262,000		16,974,980
Life Technologies Corp. *		190,000		8,555,700
Merck & Co., Inc.		417,000		14,232,210
Mettler-Toledo International, Inc. *		5,000		774,050
Mylan, Inc. *		289,000		6,583,420
Nabi Biopharmaceuticals *		125,000		246,250
Par Pharmaceutical Cos., Inc. *		200,000		6,478,000
PerkinElmer, Inc.		133,000		3,253,180
Perrigo Co.		50,000		4,515,500
Pfizer, Inc.		864,000		16,623,360
Rigel Pharmaceuticals, Inc. *		25,000		217,250
SuperGen, Inc. *		280,000		856,800
The Medicines Co. *		75,000		1,123,500
Thermo Fisher Scientific, Inc. *		196,000		11,777,640
United Therapeutics Corp. *		48,000		2,754,240
ViroPharma, Inc. *		88,000		1,591,040
Watson Pharmaceuticals, Inc. *		140,000		9,398,200

				213,817,010

Total Common Stock
(Cost $254,986,130)				332,158,260




Foreign Common Stock 20.2% of net assets

Australia 2.2%


Pharmaceuticals, Biotechnology & Life Sciences 2.2%
CSL Ltd.		276,000		9,304,392

Denmark 2.0%


Pharmaceuticals, Biotechnology & Life Sciences 2.0%
H. Lundbeck A/S		21,000		525,453
Novo Nordisk A/S, Class B		65,700		8,036,478

				8,561,931

France 4.0%


Pharmaceuticals, Biotechnology & Life Sciences 4.0%
Sanofi		225,500		17,521,463

Schwab Health Care Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Germany 0.8%


Pharmaceuticals, Biotechnology & Life Sciences 0.8%
Bayer AG - Reg’d		26,000		2,080,005
Stada Arzneimittel AG		40,000		1,524,001

				3,604,006

Italy 0.4%


Pharmaceuticals, Biotechnology & Life Sciences 0.4%
Recordati S.p.A.		142,000		1,546,941

Japan 2.1%


Health Care Equipment & Services 0.1%
Fukuda Denshi Co., Ltd.		16,000		512,924


Pharmaceuticals, Biotechnology & Life Sciences 2.0%
Taisho Pharmaceutical Co., Ltd.		15,000		351,786
Takeda Pharmaceutical Co., Ltd.		176,000		8,394,840

				8,746,626

				9,259,550

Spain 0.1%


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Almirall S.A.		60,500		575,850

Sweden 0.1%


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Meda AB, A Shares		20,000		247,004

Switzerland 6.4%


Pharmaceuticals, Biotechnology & Life Sciences 6.4%
Novartis AG - Reg’d		238,800		14,638,936
Roche Holding AG		74,400		13,350,769

				27,989,705

United Kingdom 2.1%


Pharmaceuticals, Biotechnology & Life Sciences 2.1%
AstraZeneca plc		186,500		9,061,828

Total Foreign Common Stock
(Cost $72,743,953)				87,672,670




Warrants 0.0% of net assets

Malaysia 0.0%


Health Care Equipment & Services 0.0%
KPJ Healthcare Bhd *		12,500		11,708

Total Warrants
(Cost $3,798)				11,708



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investments 3.2% of net assets

Time Deposits 3.2%
Bank of America
0.03%, 08/01/11		56,969		56,969
Citibank
0.03%, 08/01/11		13,617,367		13,617,367

Total Short-Term Investments
(Cost $13,674,336)				13,674,336



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $341,532,802 and the unrealized appreciation and depreciation were $97,247,727 and ($5,263,555), respectively, with a net unrealized appreciation of $91,984,172.

At 07/31/11, the values of certain foreign securities held by the fund aggregating $87,425,666 were adjusted from their closing market values in accordance with procedures approved by the Board of Trustees.


*		Non-income producing security.


Reg’d —		Registered

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

120

7,730,400

147,390


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price.

Schwab Health Care Fund

Portfolio Holdings (Unaudited) continued


	•	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 funds value their holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of the foreign markets. The Board of Trustees 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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$332,158,260		$—		$—		$332,158,260
Foreign Common Stock(a)		—		87,425,666		—		87,425,666
Sweden(a)		247,004		—		—		247,004
Warrants(a)		11,708		—		—		11,708
Short-Term Investments(a)		—		13,674,336		—		13,674,336

Total		$332,416,972		$101,100,002		$—		$433,516,974

Other Financial Instruments
Futures Contracts*		$147,390		$—		$—		$147,390


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

REG46837JUL11

Schwab Capital Trust
Schwab International Core Equity Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.7%

Common Stock

57,480,993

64,249,469

.0%

Other Investment Companies

1,863,675

2,022,873

.7%

Total Investments

59,344,668

66,272,342

.3%

Other Assets and Liabilities, Net

201,501

100

.0%

Net Assets

66,473,843


	Number		Value
Security	of Shares		($)

Common Stock 96.7% of net assets

Australia 6.3%


Capital Goods 0.5%
UGL Ltd.		24,283		357,620


Commercial & Professional Supplies 0.6%
Brambles Ltd.		52,222		396,488


Diversified Financials 1.6%
Challenger Ltd.		99,231		532,735
IOOF Holdings Ltd.		71,979		511,283

				1,044,018


Health Care Equipment & Services 0.6%
Ansell Ltd.		26,685		409,463


Materials 3.0%
BHP Billiton Ltd.		23,790		1,087,811
Orica Ltd.		12,314		347,014
Rio Tinto Ltd.		6,037		528,916

				1,963,741

				4,171,330

Austria 1.6%


Banks 0.2%
Erste Group Bank AG		2,304		110,155


Capital Goods 0.0%
Strabag SE - BR		1,097		31,554


Energy 0.7%
OMV AG		11,068		441,195


Transportation 0.7%
Oesterreichische Post AG		15,840		471,306

				1,054,210

Belgium 2.0%


Banks 0.7%
KBC GROEP N.V.		12,800		451,650


Diversified Financials 0.6%
Banque Nationale de Belgique		93		390,338


Food & Staples Retailing 0.7%
Delhaize Group		6,454		464,800

				1,306,788

Brazil 0.7%


Capital Goods 0.3%
Embraer S.A.		31,200		225,523


Consumer Durables & Apparel 0.4%
Ez Tec Empreendimentos e Participacoes SA		24,900		240,836

				466,359

Canada 3.3%


Banks 0.4%
National Bank of Canada		3,300		255,759


Commercial & Professional Supplies 0.3%
Transcontinental, Inc., Class A		13,200		210,962


Consumer Durables & Apparel 0.3%
Gildan Activewear, Inc.		6,200		185,848


Materials 2.1%
AuRico Gold, Inc. *		27,100		329,018
Canfor Corp. *		12,100		130,314
Centerra Gold, Inc.		8,700		170,549
Inmet Mining Corp.		3,700		255,548
Lundin Mining Corp. *		22,200		166,828
Potash Corp. of Saskatchewan, Inc.		2,400		138,557
Teck Resources Ltd., Class B		4,200		208,099

				1,398,913


Utilities 0.2%
ATCO Ltd., Class I		2,400		154,733

				2,206,215

Chile 0.4%


Capital Goods 0.4%
Quinenco S.A.		72,184		241,245

China 1.4%


Capital Goods 0.7%
Harbin Power Equipment Co., Ltd.		204,000		268,884
Shanghai Electric Group Co., Ltd., Class H		378,000		200,533

				469,417


Consumer Durables & Apparel 0.4%
Luthai Textile Co., Ltd., Class B		234,785		226,333

Schwab International Core Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Energy 0.3%
China Petroleum & Chemical Corp., Class H		228,000		225,850

				921,600

Denmark 2.4%


Food, Beverage & Tobacco 0.5%
Carlsberg A/S, Class B		3,745		367,865


Pharmaceuticals, Biotechnology & Life Sciences 1.9%
H. Lundbeck A/S		21,033		526,278
Novo Nordisk A/S, Class B		5,812		710,929

				1,237,207

				1,605,072

Finland 0.7%


Capital Goods 0.7%
Wartsila Oyj		15,580		448,397

France 7.6%


Banks 1.5%
BNP Paribas S.A.		11,653		755,741
Natixis		47,340		214,752

				970,493


Capital Goods 0.2%
Safran S.A.		2,531		105,210


Consumer Durables & Apparel 0.6%
Christian Dior S.A.		2,547		407,072


Energy 1.7%
Total S.A.		20,907		1,129,989


Media 1.0%
Metropole Television S.A.		21,756		496,508
Vivendi		7,131		170,530

				667,038


Pharmaceuticals, Biotechnology & Life Sciences 1.3%
Sanofi		11,041		857,891


Retailing 0.9%
PPR		3,358		620,589


Telecommunication Services 0.4%
France Telecom S.A.		13,408		277,442

				5,035,724

Germany 5.7%


Automobiles & Components 0.6%
Bayerische Motoren Werke AG		3,923		392,189


Food, Beverage & Tobacco 1.1%
KWS Saat AG		940		197,875
Suedzucker AG		14,190		500,329

				698,204


Insurance 0.7%
Allianz SE - Reg’d		2,601		338,949
Muenchener Rueckversicherungs-Gesellschaft AG - Reg’d		902		133,109

				472,058


Materials 0.9%
BASF SE		6,876		620,980


Pharmaceuticals, Biotechnology & Life Sciences 1.6%
Bayer AG - Reg’d		10,532		842,562
Stada Arzneimittel AG		6,277		239,154

				1,081,716


Real Estate 0.2%
Patrizia Immobilien AG *		21,308		142,463


Semiconductors & Semiconductor Equipment 0.6%
Infineon Technologies AG		36,553		366,775

				3,774,385

Hong Kong 6.8%


Capital Goods 0.3%
NWS Holdings Ltd.		125,000		181,252


Consumer Durables & Apparel 0.1%
Yue Yuen Industrial (Holdings) Ltd.		21,500		68,950


Diversified Financials 0.8%
Guoco Group Ltd.		41,000		500,007


Energy 0.6%
CNOOC Ltd.		174,000		387,326


Real Estate 3.4%
Cheung Kong (Holdings) Ltd.		40,000		609,873
Great Eagle Holdings Ltd.		148,000		487,411
Hongkong Land Holdings Ltd.		64,000		429,324
Hysan Development Co., Ltd.		37,000		173,396
Midland Holdings Ltd.		494,000		287,123
Soho China Ltd.		287,500		260,173
Sun Hung Kai Properties Ltd.		2,000		30,398

				2,277,698


Utilities 1.6%
CLP Holdings Ltd.		53,000		490,148
Power Assets Holdings Ltd.		72,000		595,862

				1,086,010

				4,501,243

Israel 0.8%


Materials 0.8%
Israel Chemicals Ltd.		32,556		547,381

Italy 2.4%


Banks 0.3%
Banca Monte dei Paschi di Siena S.p.A.		240,446		180,206


Energy 0.8%
Eni S.p.A.		23,399		508,485


Health Care Equipment & Services 0.0%
Sorin S.p.A. *		11,391		31,917


Pharmaceuticals, Biotechnology & Life Sciences 0.8%
Recordati S.p.A.		47,023		512,266


Telecommunication Services 0.4%
Telecom Italia S.p.A.		231,155		290,859

Schwab International Core Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Transportation 0.1%
Autostrada Torino-Milano S.p.A.		7,563		88,356

				1,612,089

Japan 17.3%


Automobiles & Components 0.9%
Honda Motor Co., Ltd.		4,700		186,477
The Yokohama Rubber Co., Ltd.		69,000		418,348

				604,825


Banks 0.8%
Aozora Bank Ltd.		230,000		560,968


Capital Goods 1.0%
Mitsubishi Heavy Industries Ltd.		121,000		563,955
Taisei Corp.		37,000		88,385

				652,340


Consumer Services 0.1%
Oriental Land Co., Ltd.		600		56,240


Diversified Financials 1.9%
Century Tokyo Leasing Corp.		16,300		314,360
Jaccs Co., Ltd.		95,000		288,467
Promise Co., Ltd. *		71,300		625,605

				1,228,432


Food & Staples Retailing 0.6%
Aeon Co., Ltd.		33,000		415,590


Food, Beverage & Tobacco 0.8%
Ajinomoto Co., Inc.		45,000		557,816


Health Care Equipment & Services 0.9%
Terumo Corp.		10,000		561,597


Household & Personal Products 1.2%
Kao Corp.		21,800		616,487
Kobayashi Pharmaceutical Co., Ltd.		2,500		128,741
Lion Corp.		9,000		49,230

				794,458


Media 1.6%
Avex Group Holdings, Inc.		8,500		115,355
Nippon Television Network Corp.		2,360		359,546
SKY Perfect JSAT Holdings, Inc.		1,305		572,257

				1,047,158


Pharmaceuticals, Biotechnology & Life Sciences 1.1%
Taisho Pharmaceutical Co., Ltd.		13,000		304,882
Takeda Pharmaceutical Co., Ltd.		9,200		438,821

				743,703


Real Estate 0.9%
Daiwa House Industry Co., Ltd.		42,000		566,005


Retailing 0.5%
K’s Holdings Corp.		7,500		350,831


Semiconductors & Semiconductor Equipment 0.8%
Dainippon Screen Mfg. Co., Ltd.		70,000		550,310


Software & Services 1.8%
Capcom Co., Ltd.		23,800		623,467
Nihon Unisys Ltd.		90,900		548,218

				1,171,685


Technology Hardware & Equipment 0.1%
Hitachi Ltd.		14,000		86,330


Transportation 2.3%
Central Japan Railway Co.		72		620,426
Sankyu, Inc.		112,000		539,496
Seino Holdings Co., Ltd.		51,000		392,131

				1,552,053

				11,500,341

Mexico 0.5%


Materials 0.5%
Industrias Penoles S.A. de C.V.		7,520		324,126

Netherlands 1.9%


Capital Goods 1.2%
CNH Global N.V. *		4,500		171,630
European Aeronautic Defence & Space Co.		18,029		625,094

				796,724


Materials 0.4%
Koninklijke DSM N.V.		4,839		274,364


Semiconductors & Semiconductor Equipment 0.3%
STMicroelectronics N.V.		22,386		176,495

				1,247,583

New Zealand 0.5%


Telecommunication Services 0.5%
Telecom Corp. of New Zealand Ltd.		136,001		312,702

Norway 1.0%


Energy 1.0%
TGS Nopec Geophysical Co., A.S.A.		24,009		700,313

Republic of Korea 1.6%


Automobiles & Components 0.7%
Hyundai Motor Co.		430		95,730
Kia Motors Corp.		4,704		344,863

				440,593


Capital Goods 0.1%
LG Corp.		801		59,874


Food, Beverage & Tobacco 0.1%
Nongshim Co., Ltd.		421		101,027


Retailing 0.4%
GS Home Shopping, Inc.		1,879		249,625


Semiconductors & Semiconductor Equipment 0.3%
Samsung Electronics Co., Ltd.		290		232,221

				1,083,340

Singapore 1.5%


Capital Goods 0.4%
SembCorp Industries Ltd.		29,000		121,907
SembCorp Marine Ltd.		36,000		160,966

				282,873

Schwab International Core Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Food, Beverage & Tobacco 0.3%
China Minzhong Food Corp., Ltd. *		184,000		216,602


Real Estate 0.8%
UOL Group Ltd.		124,000		530,587

				1,030,062

South Africa 1.2%


Materials 1.2%
Kumba Iron Ore Ltd.		3,666		279,104
Mondi Ltd.		26,843		212,918
Mpact Ltd. *		26,843		55,027
Nampak Ltd.		78,188		259,465

				806,514

Spain 1.4%


Banks 0.8%
Banco Popular Espanol S.A.		43,224		223,277
CaixaBank		49,527		286,056

				509,333


Utilities 0.6%
Endesa S.A.		13,489		395,301

				904,634

Sweden 1.6%


Banks 0.9%
Nordea Bank AB		53,371		567,655


Commercial & Professional Supplies 0.7%
Loomis AB, B Shares		36,367		492,782

				1,060,437

Switzerland 4.7%


Diversified Financials 0.6%
GAM Holding AG *		24,425		378,921


Materials 0.9%
Clariant AG - Reg’d *		21,688		341,016
Syngenta AG - Reg’d *		827		263,262

				604,278


Pharmaceuticals, Biotechnology & Life Sciences 2.7%
Novartis AG - Reg’d		18,957		1,162,103
Roche Holding AG		3,694		662,873

				1,824,976


Retailing 0.5%
Charles Voegele Holding AG - BR *		6,803		343,154


Transportation 0.0%
Swissair Group (a)(b)*		30		—

				3,151,329

Taiwan 0.5%


Automobiles & Components 0.1%
China Motor Corp.		40,000		46,608


Real Estate 0.4%
Chong Hong Construction Co., Ltd.		102,000		322,773

				369,381

Thailand 0.9%


Diversified Financials 0.4%
Thanachart Capital PCL		279,900		286,234


Energy 0.2%
PTT PCL		11,400		132,634


Utilities 0.3%
Electricity Generating PCL		61,800		195,588

				614,456

Turkey 0.7%


Automobiles & Components 0.3%
Ford Otomotiv Sanayi A/S		24,503		192,390


Utilities 0.4%
Aygaz A.S.		39,938		248,231

				440,621

United Kingdom 19.3%


Commercial & Professional Supplies 2.0%
Berendsen plc		60,597		537,067
Experian plc		27,522		361,787
Michael Page International plc		54,826		449,700

				1,348,554


Consumer Durables & Apparel 0.8%
Persimmon plc		65,989		497,988


Consumer Services 0.1%
Restaurant Group plc		17,386		83,446


Energy 2.2%
Premier Oil plc *		57,124		379,084
Royal Dutch Shell plc, B Shares		28,837		1,055,885

				1,434,969


Food, Beverage & Tobacco 0.7%
Tate & Lyle plc		48,334		481,717


Insurance 0.8%
Lancashire Holdings Ltd.		49,025		560,537


Materials 4.7%
Croda International plc		16,562		515,510
Fresnillo plc		17,549		503,488
Mondi plc		43,161		422,215
Rexam plc		84,613		514,125
Rio Tinto plc		13,270		936,713
Xstrata plc		10,046		211,954

				3,104,005


Pharmaceuticals, Biotechnology & Life Sciences 1.1%
AstraZeneca plc		15,414		748,949


Real Estate 0.7%
Savills plc		78,446		435,742


Retailing 1.5%
Kingfisher plc		123,174		508,696

Schwab International Core Equity Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
WH Smith plc		60,037		499,315

				1,008,011


Software & Services 0.9%
Logica plc		175,654		335,016
The Sage Group plc		63,152		283,729

				618,745


Technology Hardware & Equipment 0.8%
Spectris plc		19,932		512,771


Telecommunication Services 2.3%
BT Group plc		180,505		593,768
Vodafone Group plc		334,794		938,881

				1,532,649


Transportation 0.7%
Northgate plc *		87,925		443,509

				12,811,592

Total Common Stock
(Cost $57,480,993)				64,249,469




Other Investment Companies 3.0% of net assets

United States 3.0%
iShares MSCI EAFE Index Fund		20,000		1,173,000
State Street Institutional Liquid Reserves Fund - Institutional Class		849,873		849,873

Total Other Investment Companies
(Cost $1,863,675)				2,022,873



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $59,501,729 and the unrealized appreciation and depreciation were $8,925,422 and ($2,154,809), respectively, with a net unrealized appreciation of $6,770,613.

At 07/31/11, the values of certain foreign securities held by the fund aggregating $56,394,853 were adjusted from their closing market values in accordance with procedures approved by the Board of Trustees.


*		Non-income producing security.
(a)		Fair-valued by management in accordance with procedures approved by the Board of Trustees.
(b)		Illiquid security. At the period end, the value of these amounted to $0 or 0.0% of net assets.


Reg’d —		Registered


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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 funds value their holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of the foreign markets. The Board of Trustees 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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets,

Schwab International Core Equity Fund

Portfolio Holdings (Unaudited) continued

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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Common Stock(a)		$—		$28,601,147		$—		$28,601,147
Belgium(a)		—		451,650		—		451,650
Diversified Financials		390,338		—		—		390,338
Food & Staples Retailing		464,800		—		—		464,800
Brazil(a)		466,359		—		—		466,359
Canada(a)		2,206,215		—		—		2,206,215
Chile(a)		241,245		—		—		241,245
Germany(a)		—		2,933,718		—		2,933,718
Food, Beverage & Tobacco		197,875		500,329		—		698,204
Real Estate		142,463		—		—		142,463
Hong Kong(a)		—		3,415,233		—		3,415,233
Utilities		595,862		490,148		—		1,086,010
Italy(a)		—		1,580,172		—		1,580,172
Health Care Equipment & Services		31,917		—		—		31,917
Mexico(a)		324,126		—		—		324,126
Netherlands(a)		—		450,859		—		450,859
Capital Goods		171,630		625,094		—		796,724
Republic of Korea(a)		—		982,313		—		982,313
Food, Beverage & Tobacco		101,027		—		—		101,027
South Africa
Materials		55,027		751,487		—		806,514
Sweden(a)		—		567,655		—		567,655
Commercial & Professional Supplies		492,782		—		—		492,782
Switzerland(a)		—		2,808,175		—		2,808,175
Retailing		343,154		—		—		343,154
Transportation		—		—		—		—
Thailand(a)		—		195,588		—		195,588
Diversified Financials		286,234		—		—		286,234
Energy		132,634		—		—		132,634
Turkey(a)		—		192,390		—		192,390
Utilities		248,231		—		—		248,231
United Kingdom(a)		—		11,848,895		—		11,848,895
Consumer Services		83,446		—		—		83,446
Real Estate		435,742		—		—		435,742
Transportation		443,509		—		—		443,509
Other Investment Companies(a)		2,022,873		—		—		2,022,873

Total		$9,877,489		$56,394,853		$—		$66,272,342

Schwab Capital Trust
Schwab Fundamental US Large Company Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	99	.7%	Common Stock		1,222,081,490		1,371,546,173
	0	.0%	Other Investment Company		360,418		360,418


	99	.7%	Total Investments		1,222,441,908		1,371,906,591
	0	.3%	Collateral Invested for Securities on Loan		4,184,516		4,184,516
	0	.0%	Other Assets and Liabilities, Net				(720,733	)


	100	.0%	Net Assets				1,375,370,374


	Number		Value
Security	of Shares		($)

Common Stock 99.7% of net assets

Automobiles & Components 1.2%
Autoliv, Inc.		9,300		615,288
BorgWarner, Inc. *		5,350		425,967
Cooper Tire & Rubber Co.		7,100		119,706
Dana Holding Corp. *		28,300		471,761
Exide Technologies *		16,200		115,992
Ford Motor Co. *		494,474		6,037,528
General Motors Co. *		79,200		2,192,256
Gentex Corp.		12,100		342,914
Harley-Davidson, Inc.		20,960		909,454
Johnson Controls, Inc.		65,410		2,416,900
Lear Corp.		5,200		254,800
Tenneco, Inc. *		7,760		309,934
The Goodyear Tire & Rubber Co. *		95,790		1,548,924
TRW Automotive Holdings Corp. *		18,150		916,031

				16,677,455

Banks 3.6%
Associated Banc-Corp		29,660		404,859
Astoria Financial Corp.		16,355		190,536
BancorpSouth, Inc.		13,245		179,337
Bank of Hawaii Corp.		6,720		301,123
BB&T Corp.		115,575		2,967,966
CapitalSource, Inc.		76,900		496,774
CIT Group, Inc. *		18,000		715,320
City National Corp.		4,720		253,370
Comerica, Inc.		25,700		823,171
Commerce Bancshares, Inc.		8,523		348,676
Cullen/Frost Bankers, Inc.		6,000		323,280
East West Bancorp, Inc.		10,100		187,456
F.N.B. Corp.		15,200		152,000
Fifth Third Bancorp		119,890		1,516,608
First Horizon National Corp.		49,966		449,194
First Niagara Financial Group, Inc.		29,600		362,600
FirstMerit Corp.		13,225		193,217
Fulton Financial Corp.		30,680		311,402
Hancock Holding Co.		10,552		347,688
Hudson City Bancorp, Inc.		74,290		612,893
Huntington Bancshares, Inc.		119,127		720,123
KeyCorp		181,490		1,459,180
M&T Bank Corp.		14,986		1,292,393
MGIC Investment Corp. *		54,000		214,920
New York Community Bancorp, Inc.		50,365		681,438
People’s United Financial, Inc.		46,752		592,815
PNC Financial Services Group, Inc.		64,745		3,515,006
Popular, Inc. *		196,480		471,552
Regions Financial Corp.		298,825		1,819,844
SunTrust Banks, Inc.		98,160		2,403,938
Susquehanna Bancshares, Inc.		23,000		173,190
SVB Financial Group *		3,800		231,876
Synovus Financial Corp.		233,410		427,140
TCF Financial Corp.		18,765		238,691
Trustmark Corp.		7,700		167,783
U.S. Bancorp		233,200		6,077,192
Umpqua Holdings Corp.		13,900		157,904
Valley National Bancorp		21,644		284,619
Washington Federal, Inc.		12,450		210,530
Webster Financial Corp.		11,125		227,173
Wells Fargo & Co.		593,625		16,585,882
Zions Bancorp		37,435		819,827

				49,910,486

Capital Goods 8.1%
3M Co.		55,775		4,860,233
Acuity Brands, Inc.		3,020		147,044
Aecom Technology Corp. *		19,600		484,904
AerCap Holdings N.V. *		12,600		155,232
AGCO Corp. *		11,940		566,195
Alliant Techsystems, Inc.		6,820		444,869
AMETEK, Inc.		6,465		274,763
BE Aerospace, Inc. *		8,800		350,240
Brady Corp., Class A		4,400		130,240
Briggs & Stratton Corp.		8,935		153,146
Carlisle Cos., Inc.		6,450		278,833
Caterpillar, Inc.		45,945		4,538,907
Cooper Industries plc		13,670		715,078
Crane Co.		4,995		231,368
Cummins, Inc.		9,884		1,036,634
Curtiss-Wright Corp.		10,200		325,992
Danaher Corp.		33,700		1,655,007
Deere & Co.		28,686		2,252,138
Donaldson Co., Inc.		4,500		249,210
Dover Corp.		15,975		966,008
Eaton Corp.		14,520		696,234
EMCOR Group, Inc. *		16,140		450,629
Emerson Electric Co.		58,450		2,869,310
EnerSys *		4,500		143,910
Esterline Technologies Corp. *		3,400		259,658
Fastenal Co.		12,640		425,336

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Flowserve Corp.		2,625		260,873
Fluor Corp.		15,140		961,844
Foster Wheeler AG *		11,570		313,547
Gardner Denver, Inc.		2,100		179,109
GATX Corp.		7,035		277,390
General Cable Corp. *		8,400		334,068
General Dynamics Corp.		44,725		3,047,561
General Electric Co.		1,510,825		27,058,876
Goodrich Corp.		9,055		861,493
Granite Construction, Inc.		7,800		182,364
Harsco Corp.		13,135		360,030
Honeywell International, Inc.		67,640		3,591,684
Hubbell, Inc., Class B		4,830		287,240
Huntington Ingalls Industries, Inc. *		7,015		234,862
Illinois Tool Works, Inc.		47,570		2,368,986
Ingersoll-Rand plc		30,242		1,131,656
ITT Corp.		16,455		877,710
Jacobs Engineering Group, Inc. *		16,540		647,376
Joy Global, Inc.		4,300		403,856
KBR, Inc.		20,900		745,085
Kennametal, Inc.		8,740		344,618
L-3 Communications Holdings, Inc.		17,935		1,419,017
Lennox International, Inc.		5,935		219,476
Lincoln Electric Holdings, Inc.		6,200		212,164
Lockheed Martin Corp.		50,035		3,789,151
Masco Corp.		93,250		983,787
Meritor, Inc. *		11,635		157,073
Mueller Industries, Inc.		4,600		172,638
Navistar International Corp. *		13,900		713,209
Northrop Grumman Corp.		48,995		2,964,687
Oshkosh Corp. *		16,320		405,062
Owens Corning, Inc. *		17,150		610,197
PACCAR, Inc.		36,242		1,551,520
Pall Corp.		5,940		294,505
Parker Hannifin Corp.		12,117		957,485
Pentair, Inc.		10,150		373,621
Precision Castparts Corp.		6,116		987,000
Quanta Services, Inc. *		22,200		411,144
Raytheon Co.		51,510		2,304,042
Regal-Beloit Corp.		3,000		181,890
Rockwell Automation, Inc.		7,850		563,316
Rockwell Collins, Inc.		10,130		558,062
Roper Industries, Inc.		4,900		399,987
Snap-on, Inc.		4,930		280,320
Spirit AeroSystems Holdings, Inc., Class A *		10,100		206,949
SPX Corp.		7,035		529,313
Stanley Black & Decker, Inc.		11,903		782,860
Teledyne Technologies, Inc. *		3,300		178,959
Terex Corp. *		19,725		438,092
Textron, Inc.		40,120		927,976
The Boeing Co.		74,740		5,266,928
The Manitowoc Co., Inc.		14,800		207,052
The Shaw Group, Inc. *		11,240		290,891
The Timken Co.		11,165		487,576
Thomas & Betts Corp. *		5,200		253,656
Trinity Industries, Inc.		12,625		376,099
Tutor Perini Corp.		8,800		138,864
Tyco International Ltd.		61,665		2,731,143
United Rentals, Inc. *		17,800		409,578
United Technologies Corp.		80,015		6,628,443
URS Corp. *		14,393		587,666
USG Corp. (b)*		11,625		132,293
W.W. Grainger, Inc.		5,335		791,554
WABCO Holdings, Inc. *		2,700		170,235
WESCO International, Inc. *		8,400		425,796

				111,602,622

Commercial & Professional Supplies 0.8%
Avery Dennison Corp.		16,450		518,998
Cintas Corp.		19,250		626,587
Corrections Corp. of America *		12,290		263,743
Covanta Holding Corp.		14,015		242,179
Deluxe Corp.		7,445		175,255
Equifax, Inc.		10,530		361,811
FTI Consulting, Inc. *		5,100		185,079
HNI Corp.		6,520		136,333
Iron Mountain, Inc.		18,155		574,243
Kelly Services, Inc., Class A *		9,540		149,301
Manpower, Inc.		15,345		775,229
Nielsen Holdings N.V. *		9,400		281,624
Pitney Bowes, Inc.		38,105		821,163
R.R. Donnelley & Sons Co.		62,540		1,176,377
Republic Services, Inc.		35,224		1,022,553
Robert Half International, Inc.		10,610		290,502
Stericycle, Inc. *		1,900		156,028
The Brink’s Co.		6,320		188,589
The Dun & Bradstreet Corp.		2,300		166,865
United Stationers, Inc.		11,050		354,595
Waste Connections, Inc.		7,800		251,472
Waste Management, Inc.		63,855		2,010,794

				10,729,320

Consumer Durables & Apparel 1.1%
Brunswick Corp.		9,170		200,181
Coach, Inc.		9,375		605,250
D.R. Horton, Inc.		60,090		713,869
Eastman Kodak Co. (b)*		180,840		434,016
Fortune Brands, Inc.		18,100		1,089,801
Garmin Ltd. (b)		14,770		481,945
Hanesbrands, Inc. *		15,800		482,058
Harman International Industries, Inc.		5,420		225,472
Hasbro, Inc.		10,965		433,776
Jarden Corp.		12,177		377,365
KB HOME (b)		16,760		142,292
Leggett & Platt, Inc.		24,520		532,084
Liz Claiborne, Inc. *		41,745		267,168
M.D.C. Holdings, Inc.		6,835		154,539
Mattel, Inc.		34,235		912,705
Meritage Homes Corp. *		6,500		142,025
Mohawk Industries, Inc. *		13,735		714,632
Newell Rubbermaid, Inc.		39,650		615,368
NIKE, Inc., Class B		16,628		1,499,014
NVR, Inc. *		603		410,094
Polaris Industries, Inc.		2,900		343,795
Polo Ralph Lauren Corp.		3,620		488,954
PulteGroup, Inc. *		81,652		560,949
PVH Corp.		4,000		286,200
The Jones Group, Inc.		22,075		285,651
The Warnaco Group, Inc. *		3,100		165,230
Toll Brothers, Inc. *		10,995		219,460
Tupperware Brands Corp.		4,800		299,952

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
VF Corp.		10,545		1,231,656
Whirlpool Corp.		17,355		1,201,487

				15,516,988

Consumer Services 1.4%
Apollo Group, Inc., Class A *		12,450		632,834
Boyd Gaming Corp. *		16,525		144,429
Brinker International, Inc.		17,455		419,269
Career Education Corp. *		10,135		229,963
Carnival Corp.		45,345		1,509,988
Darden Restaurants, Inc.		15,445		784,606
DeVry, Inc.		2,800		173,992
Domino’s Pizza, Inc. *		14,300		384,241
H&R Block, Inc.		39,065		584,412
Hyatt Hotels Corp., Class A *		3,400		131,886
International Game Technology		36,155		672,121
Jack in the Box, Inc. *		12,340		280,365
Las Vegas Sands Corp. *		9,870		465,667
Marriott International, Inc., Class A		21,789		708,142
McDonald’s Corp.		70,280		6,077,814
MGM Resorts International *		62,015		937,047
Penn National Gaming, Inc. *		11,140		467,100
Regis Corp.		10,675		158,524
Royal Caribbean Cruises Ltd. *		18,005		551,313
Service Corp. International		32,200		337,134
Starbucks Corp.		27,790		1,114,101
Starwood Hotels & Resorts Worldwide, Inc.		11,970		657,871
The Wendy’s Co.		51,300		270,351
Wyndham Worldwide Corp.		15,240		527,152
Wynn Resorts Ltd.		3,200		491,776
Yum! Brands, Inc.		24,030		1,269,265

				19,981,363

Diversified Financials 8.2%
Affiliated Managers Group, Inc. *		1,900		198,227
American Express Co.		117,325		5,870,943
Ameriprise Financial, Inc.		20,600		1,114,460
Bank of America Corp.		2,364,560		22,959,878
Bank of New York Mellon Corp.		129,552		3,253,051
BlackRock, Inc.		6,000		1,070,760
Capital One Financial Corp.		77,410		3,700,198
Citigroup, Inc.		542,833		20,812,217
CME Group, Inc.		5,420		1,567,410
Discover Financial Services		61,522		1,575,578
ETRADE Financial Corp.		39,697		630,388
Eaton Vance Corp.		7,700		206,514
Federated Investors, Inc., Class B (b)		13,530		289,136
Franklin Resources, Inc.		9,340		1,185,806
Interactive Brokers Group, Inc., Class A		18,500		280,090
IntercontinentalExchange, Inc. *		2,000		246,600
Invesco Ltd.		33,900		751,902
Jefferies Group, Inc.		7,300		138,043
JPMorgan Chase & Co.		558,642		22,597,069
Knight Capital Group, Inc., Class A *		13,900		157,209
Legg Mason, Inc.		22,120		650,770
Leucadia National Corp.		8,100		272,727
MF Global Holdings Ltd. *		38,400		283,008
Moody’s Corp.		11,670		415,569
Morgan Stanley		235,735		5,245,104
MSCI, Inc., Class A *		6,300		223,587
Northern Trust Corp.		23,260		1,044,490
NYSE Euronext		24,820		830,477
PHH Corp. *		21,590		405,028
Raymond James Financial, Inc.		10,035		318,712
SEI Investments Co.		9,100		179,998
SLM Corp.		63,835		995,188
State Street Corp.		52,236		2,166,227
T. Rowe Price Group, Inc.		11,745		667,116
TD Ameritrade Holding Corp.		27,970		513,529
The Charles Schwab Corp. (a)		79,315		1,184,173
The Goldman Sachs Group, Inc.		59,411		8,018,703
The NASDAQ OMX Group, Inc. *		20,330		489,343

				112,509,228

Energy 11.7%
Alpha Natural Resources, Inc. *		10,972		468,614
Anadarko Petroleum Corp.		34,115		2,816,534
Apache Corp.		20,520		2,538,734
Arch Coal, Inc.		12,000		307,200
Atwood Oceanics, Inc. *		3,800		177,460
Baker Hughes, Inc.		29,449		2,278,764
Bristow Group, Inc.		3,600		174,528
Cabot Oil & Gas Corp.		4,400		325,952
Cameron International Corp. *		11,580		647,785
Chesapeake Energy Corp.		53,620		1,841,847
Chevron Corp.		255,105		26,536,022
Cimarex Energy Co.		2,445		215,453
ConocoPhillips		250,410		18,027,016
CONSOL Energy, Inc.		12,435		666,516
Copano Energy LLC		4,600		151,018
CVR Energy, Inc. *		8,100		217,485
Denbury Resources, Inc. *		11,600		224,112
Devon Energy Corp.		30,140		2,372,018
Diamond Offshore Drilling, Inc.		9,320		632,176
Dresser-Rand Group, Inc. *		5,700		304,494
El Paso Corp.		43,920		902,556
Energen Corp.		4,910		288,757
EOG Resources, Inc.		12,150		1,239,300
EQT Corp.		9,080		576,398
Exterran Holdings, Inc. *		16,500		304,920
Exxon Mobil Corp.		508,784		40,595,875
FMC Technologies, Inc. *		8,080		368,448
Forest Oil Corp. *		8,050		209,300
General Maritime Corp. (b)		99,884		108,874
Halliburton Co.		53,165		2,909,720
Helix Energy Solutions Group, Inc. *		27,000		528,660
Helmerich & Payne, Inc.		5,895		407,050
Hess Corp.		41,550		2,848,668
HollyFrontier Corp.		8,651		652,199
Key Energy Services, Inc. *		11,800		229,982
Linn Energy L.L.C.		6,700		268,201
Marathon Oil Corp.		121,690		3,768,739
Marathon Petroleum Corp. *		60,995		2,670,971
McDermott International, Inc. *		27,110		546,809
Murphy Oil Corp.		22,875		1,469,033
Nabors Industries Ltd. *		39,400		1,040,554
National Oilwell Varco, Inc.		21,423		1,726,051
Newfield Exploration Co. *		8,700		586,554

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Noble Corp.		20,620		760,259
Noble Energy, Inc.		10,235		1,020,225
Occidental Petroleum Corp.		52,770		5,180,959
Oceaneering International, Inc.		5,600		241,920
Oil States International, Inc. *		4,800		387,360
Overseas Shipholding Group, Inc. (b)		7,820		190,339
Patterson-UTI Energy, Inc.		18,400		598,552
Peabody Energy Corp.		12,745		732,455
Petrohawk Energy Corp. *		21,100		805,809
Pioneer Natural Resources Co.		5,650		525,394
Plains Exploration & Production Co. *		14,900		581,249
QEP Resources, Inc.		12,950		567,599
Range Resources Corp.		6,600		430,056
Rowan Cos., Inc. *		8,600		336,862
Schlumberger Ltd.		59,500		5,377,015
SEACOR Holdings, Inc.		3,000		301,080
Ship Finance International Ltd.		12,318		195,856
SM Energy Co.		2,300		173,305
Southern Union Co.		13,380		575,340
Southwestern Energy Co. *		12,240		545,414
Spectra Energy Corp.		70,660		1,909,233
Sunoco, Inc.		49,280		2,003,232
Superior Energy Services, Inc. *		4,600		190,854
Targa Resources Corp.		8,400		283,584
Teekay Corp.		8,440		234,210
Tesoro Corp. *		53,360		1,296,114
The Williams Cos., Inc.		57,675		1,828,298
Tidewater, Inc.		4,820		261,919
Ultra Petroleum Corp. *		3,700		173,234
Unit Corp. *		4,710		282,647
USEC, Inc. *		43,800		149,358
Valero Energy Corp.		201,325		5,057,284
Weatherford International Ltd. *		70,990		1,556,101
Western Refining, Inc. *		13,950		284,999
Whiting Petroleum Corp. *		4,400		257,840
World Fuel Services Corp.		11,600		436,508

				160,903,810

Food & Staples Retailing 3.8%
BJ’s Wholesale Club, Inc. *		13,270		668,144
Casey’s General Stores, Inc.		5,612		252,540
Costco Wholesale Corp.		54,915		4,297,099
CVS Caremark Corp.		182,535		6,635,147
Nash Finch Co.		4,830		172,914
Rite Aid Corp. *		464,100		603,330
Ruddick Corp.		4,935		206,777
Safeway, Inc.		116,940		2,358,680
SUPERVALU, Inc.		245,320		2,109,752
Sysco Corp.		96,440		2,950,100
The Kroger Co.		168,020		4,178,657
The Pantry, Inc. *		22,420		399,524
United Natural Foods, Inc. *		6,400		267,200
Wal-Mart Stores, Inc.		408,125		21,512,269
Walgreen Co.		101,970		3,980,909
Whole Foods Market, Inc.		11,100		740,370
Winn-Dixie Stores, Inc. *		68,000		610,640

				51,944,052

Food, Beverage & Tobacco 5.3%
Altria Group, Inc.		378,280		9,948,764
Archer-Daniels-Midland Co.		105,605		3,208,280
Brown-Forman Corp., Class B		7,700		566,412
Bunge Ltd.		30,275		2,083,223
Campbell Soup Co.		24,930		823,937
Central European Distribution Corp. *		18,700		181,016
Chiquita Brands International, Inc. *		9,900		117,216
Coca-Cola Enterprises, Inc.		56,995		1,602,129
ConAgra Foods, Inc.		67,705		1,733,925
Constellation Brands, Inc., Class A *		25,705		524,125
Corn Products International, Inc.		7,300		371,497
Dean Foods Co. *		146,690		1,616,524
Dole Food Co., Inc. *		14,800		210,012
Dr Pepper Snapple Group, Inc.		23,000		868,480
Flowers Foods, Inc.		10,650		233,448
Fresh Del Monte Produce, Inc.		7,940		194,609
General Mills, Inc.		58,110		2,170,409
H.J. Heinz Co.		30,175		1,588,412
Hormel Foods Corp.		18,720		542,318
Kellogg Co.		23,780		1,326,448
Kraft Foods, Inc., Class A		201,892		6,941,047
Lorillard, Inc.		21,118		2,243,154
McCormick & Co., Inc. - Non Voting Shares		10,140		493,311
Mead Johnson Nutrition Co.		9,200		656,604
Molson Coors Brewing Co., Class B		18,480		832,524
PepsiCo, Inc.		116,608		7,467,576
Philip Morris International, Inc.		96,820		6,890,679
Ralcorp Holdings, Inc. *		7,700		666,050
Reynolds American, Inc.		53,350		1,877,920
Sara Lee Corp.		81,050		1,548,866
Smithfield Foods, Inc. *		37,306		821,478
The Coca-Cola Co.		138,265		9,403,403
The Hershey Co.		11,850		668,814
The JM Smucker Co.		10,725		835,692
Tyson Foods, Inc., Class A		71,980		1,263,969
Universal Corp.		5,120		188,006

				72,710,277

Health Care Equipment & Services 4.7%
Aetna, Inc.		55,160		2,288,588
Alere, Inc. *		8,200		241,818
AMERIGROUP Corp. *		6,600		363,000
AmerisourceBergen Corp.		77,240		2,959,065
Baxter International, Inc.		39,760		2,312,839
Becton, Dickinson & Co.		17,055		1,425,969
Boston Scientific Corp. *		282,765		2,024,597
Brookdale Senior Living, Inc. *		10,100		216,039
C.R. Bard, Inc.		4,900		483,532
Cardinal Health, Inc.		102,220		4,473,147
CareFusion Corp. *		27,310		720,711
Centene Corp. *		5,900		193,579
Cerner Corp. *		6,410		426,201
CIGNA Corp.		31,809		1,583,134
Community Health Systems, Inc. *		19,650		507,756
Coventry Health Care, Inc. *		32,950		1,054,400
Covidien plc		32,870		1,669,467
DaVita, Inc. *		8,480		708,419

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
DENTSPLY International, Inc.		9,135		346,125
Edwards Lifesciences Corp. *		2,200		156,970
Express Scripts, Inc. *		27,740		1,505,172
Health Management Associates, Inc., Class A *		31,095		295,403
Health Net, Inc. *		33,470		941,176
Henry Schein, Inc. *		8,030		533,674
Hill-Rom Holdings, Inc.		6,000		223,740
Hologic, Inc. *		20,300		376,971
Humana, Inc.		29,940		2,232,925
Intuitive Surgical, Inc. *		800		320,440
Kindred Healthcare, Inc. *		11,600		218,544
Kinetic Concepts, Inc. *		6,700		448,498
Laboratory Corp. of America Holdings *		6,830		619,891
LifePoint Hospitals, Inc. *		12,230		453,733
Lincare Holdings, Inc.		12,102		309,690
Magellan Health Services, Inc. *		4,300		224,030
McKesson Corp.		57,100		4,631,952
Medco Health Solutions, Inc. *		53,810		3,383,573
MEDNAX, Inc. *		3,200		218,112
Medtronic, Inc.		82,465		2,972,863
Omnicare, Inc.		19,610		598,105
Owens & Minor, Inc.		14,002		427,061
Patterson Cos., Inc.		7,875		242,865
Quest Diagnostics, Inc.		15,555		840,126
St. Jude Medical, Inc.		17,660		821,190
STERIS Corp.		4,900		171,451
Stryker Corp.		15,945		866,451
Teleflex, Inc.		4,520		272,240
Tenet Healthcare Corp. *		99,275		551,969
The Cooper Cos., Inc.		2,500		191,225
UnitedHealth Group, Inc.		148,275		7,358,888
Universal American Corp.		19,100		181,641
Universal Health Services, Inc., Class B		10,550		523,702
Varian Medical Systems, Inc. *		5,220		327,607
VCA Antech, Inc. *		6,600		128,964
WellPoint, Inc.		94,170		6,361,184
Zimmer Holdings, Inc. *		16,640		998,733

				64,929,145

Household & Personal Products 1.9%
Avon Products, Inc.		41,625		1,091,824
Church & Dwight Co., Inc.		7,400		298,516
Colgate-Palmolive Co.		32,930		2,778,633
Energizer Holdings, Inc. *		7,920		638,669
Herbalife Ltd.		5,600		312,032
Kimberly-Clark Corp.		45,720		2,988,259
The Clorox Co.		10,910		781,047
The Estee Lauder Cos., Inc., Class A		4,460		467,899
The Procter & Gamble Co.		262,695		16,153,115

				25,509,994

Insurance 5.2%
ACE Ltd.		41,700		2,793,066
Aflac, Inc.		37,040		1,706,062
Alleghany Corp. *		518		170,634
Allied World Assurance Co. Holdings Ltd.		8,240		448,668
Alterra Capital Holdings Ltd.		7,200		156,888
American Financial Group, Inc.		7,740		263,005
American International Group, Inc. *		19,880		570,556
Aon Corp.		19,836		954,508
Arch Capital Group Ltd. *		21,675		732,615
Arthur J. Gallagher & Co.		10,740		302,009
Aspen Insurance Holdings Ltd.		11,325		293,318
Assurant, Inc.		21,355		760,665
Assured Guaranty Ltd.		14,600		206,590
Axis Capital Holdings Ltd.		17,850		568,880
Berkshire Hathaway, Inc., Class A *		66		7,359,000
Berkshire Hathaway, Inc., Class B *		97,311		7,217,557
Brown & Brown, Inc.		10,100		220,281
Cincinnati Financial Corp.		29,480		805,688
CNO Financial Group, Inc. *		106,100		779,835
Delphi Financial Group, Inc., Class A		7,300		196,516
Endurance Specialty Holdings Ltd.		6,830		278,254
Erie Indemnity Co., Class A		2,225		163,983
Everest Re Group Ltd.		7,925		650,801
Fidelity National Financial, Inc., Class A		101,325		1,651,597
Genworth Financial, Inc., Class A *		135,300		1,125,696
Hanover Insurance Group, Inc.		5,930		214,725
HCC Insurance Holdings, Inc.		13,835		416,849
Lincoln National Corp.		50,880		1,348,320
Loews Corp.		58,082		2,315,729
Markel Corp. *		913		365,583
Marsh & McLennan Cos., Inc.		50,250		1,481,873
MBIA, Inc. (b)*		18,910		173,972
Mercury General Corp.		4,430		164,530
MetLife, Inc.		81,805		3,371,184
Montpelier Re Holdings Ltd.		17,180		296,527
Old Republic International Corp.		43,060		449,546
PartnerRe Ltd.		10,730		716,979
Platinum Underwriters Holdings Ltd.		5,200		178,620
Primerica, Inc.		10,000		216,200
Principal Financial Group, Inc.		40,085		1,107,549
ProAssurance Corp. *		3,100		215,915
Protective Life Corp.		16,665		354,298
Prudential Financial, Inc.		61,840		3,628,771
Reinsurance Group of America, Inc.		10,300		599,563
RenaissanceRe Holdings Ltd.		6,825		474,952
RLI Corp.		2,700		170,505
Selective Insurance Group, Inc.		10,800		177,012
StanCorp Financial Group, Inc.		6,525		217,022
The Allstate Corp.		124,055		3,438,805
The Chubb Corp.		44,775		2,797,542
The Hartford Financial Services Group, Inc.		120,310		2,817,660
The Phoenix Cos., Inc. *		66,680		160,032
The Progressive Corp.		82,245		1,618,582
The Travelers Cos., Inc.		92,695		5,110,275
Torchmark Corp.		15,810		638,566
Transatlantic Holdings, Inc.		11,425		585,074
Unitrin, Inc.		13,850		390,155
Unum Group		46,925		1,144,501
Validus Holdings Ltd.		10,900		289,831
W. R. Berkley Corp.		19,760		608,410
White Mountains Insurance Group Ltd.		1,329		560,027
Willis Group Holdings plc		13,345		546,344

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
XL Group plc		57,485		1,179,592

				70,918,292

Materials 3.9%
Air Products & Chemicals, Inc.		17,275		1,532,811
Airgas, Inc.		4,300		295,410
AK Steel Holding Corp.		29,445		357,757
Albemarle Corp.		3,700		246,346
Alcoa, Inc.		182,105		2,682,407
Allegheny Technologies, Inc.		7,711		448,703
AptarGroup, Inc.		4,400		224,620
Ashland, Inc.		15,235		932,991
Ball Corp.		17,380		674,344
Bemis Co., Inc.		13,955		440,978
Cabot Corp.		7,830		306,153
Carpenter Technology Corp.		3,800		218,272
Celanese Corp., Series A		11,600		639,508
CF Industries Holdings, Inc.		2,171		337,200
Cliffs Natural Resources, Inc.		4,000		359,280
Commercial Metals Co.		29,645		430,149
Crown Holdings, Inc. *		17,520		672,943
Cytec Industries, Inc.		6,120		342,720
Domtar Corp.		8,791		702,840
E.I. du Pont de Nemours & Co.		79,445		4,085,062
Eastman Chemical Co.		7,260		701,243
Ecolab, Inc.		13,660		683,000
FMC Corp.		4,840		423,839
Freeport-McMoRan Copper & Gold, Inc.		50,470		2,672,891
Greif, Inc., Class A		3,112		189,988
Huntsman Corp.		28,615		546,546
International Flavors & Fragrances, Inc.		5,435		332,459
International Paper Co.		86,595		2,571,871
Louisiana-Pacific Corp. *		21,185		164,184
LyondellBasell Industries N.V., Class A		42,100		1,661,266
Martin Marietta Materials, Inc.		5,110		386,418
MeadWestvaco Corp.		27,740		863,824
Monsanto Co.		29,595		2,174,641
Nalco Holding Co.		14,470		511,514
Newmont Mining Corp.		33,110		1,841,247
Nucor Corp.		47,780		1,858,164
Olin Corp.		14,055		293,890
Owens-Illinois, Inc. *		27,945		647,486
Packaging Corp. of America		7,945		211,893
PPG Industries, Inc.		16,900		1,422,980
Praxair, Inc.		18,870		1,955,687
Reliance Steel & Aluminum Co.		9,320		438,133
Rock-Tenn Co., Class A		5,472		336,309
Rockwood Holdings, Inc. *		7,400		447,478
RPM International, Inc.		19,765		416,646
Sealed Air Corp.		19,375		417,144
Sensient Technologies Corp.		4,600		170,752
Sigma-Aldrich Corp.		6,330		424,743
Silgan Holdings, Inc.		4,540		176,061
Solutia, Inc. *		8,900		190,816
Sonoco Products Co.		11,455		367,133
Southern Copper Corp.		19,165		654,676
Steel Dynamics, Inc.		28,250		441,265
Temple-Inland, Inc.		33,645		1,010,023
The Dow Chemical Co.		158,100		5,512,947
The Lubrizol Corp.		4,535		610,411
The Mosaic Co.		6,010		425,027
The Scotts Miracle-Gro Co., Class A		5,820		293,677
The Sherwin-Williams Co.		10,045		775,173
The Valspar Corp.		8,350		274,465
United States Steel Corp.		20,495		819,595
Vulcan Materials Co.		15,223		521,997
W.R. Grace & Co. *		6,100		307,684
Worthington Industries, Inc.		11,065		232,033

				53,309,713

Media 3.0%
AMC Networks, Inc., Class A *		4,416		164,231
Cablevision Systems Corp., Class A		17,665		430,319
CBS Corp., Class B - Non Voting Shares		92,290		2,525,977
Cinemark Holdings, Inc.		7,800		152,022
Comcast Corp., Class A		187,740		4,509,515
Comcast Corp., Special Class A		63,920		1,491,893
Dex One Corp. *		47,000		94,940
DIRECTV, Class A *		46,640		2,363,715
Discovery Communications, Inc., Class A *		5,667		225,547
Discovery Communications, Inc., Class C *		5,707		205,623
DISH Network Corp., Class A *		29,670		879,122
Gannett Co., Inc.		65,930		841,267
Lamar Advertising Co., Class A *		7,820		199,097
Liberty Global, Inc., Series A *		20,610		861,498
Liberty Global, Inc., Series C *		18,870		754,234
Liberty Media-Starz, Series A *		3,500		268,660
Live Nation Entertainment, Inc. *		21,314		236,585
News Corp., Class A		167,820		2,688,477
News Corp., Class B		52,190		861,135
Omnicom Group, Inc.		26,804		1,257,644
Regal Entertainment Group, Class A (b)		32,985		421,878
SuperMedia, Inc. (b)*		24,800		90,520
The Interpublic Group of Cos., Inc.		47,705		467,986
The McGraw-Hill Cos., Inc.		27,880		1,159,808
The New York Times Co., Class A *		35,900		308,022
The Walt Disney Co.		139,350		5,381,697
Time Warner Cable, Inc.		35,909		2,632,489
Time Warner, Inc.		181,588		6,384,634
Viacom Inc., Class B		45,200		2,188,584
Virgin Media, Inc.		31,210		825,817

				40,872,936

Pharmaceuticals, Biotechnology & Life Sciences 6.2%
Abbott Laboratories		139,990		7,184,287
Agilent Technologies, Inc. *		17,505		738,011
Allergan, Inc.		10,430		848,063
Amgen, Inc. *		84,955		4,647,038
Biogen Idec, Inc. *		15,650		1,594,266
Bristol-Myers Squibb Co.		223,850		6,415,541
Celgene Corp. *		9,800		581,140
Cephalon, Inc. *		7,835		626,330
Charles River Laboratories International, Inc. *		5,820		230,181

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Covance, Inc. *		4,420		253,045
Eli Lilly & Co.		151,155		5,789,236
Endo Pharmaceuticals Holdings, Inc. *		6,900		257,025
Forest Laboratories, Inc. *		24,155		895,184
Gilead Sciences, Inc. *		39,360		1,667,290
Hospira, Inc. *		10,550		539,316
Johnson & Johnson		250,295		16,216,613
Life Technologies Corp. *		10,319		464,665
Merck & Co., Inc.		331,157		11,302,388
Mettler-Toledo International, Inc. *		1,500		232,215
Mylan, Inc. *		18,075		411,749
PerkinElmer, Inc.		11,000		269,060
Perrigo Co.		2,400		216,744
Pfizer, Inc.		1,113,099		21,416,025
Pharmaceutical Product Development, Inc.		8,100		233,523
Thermo Fisher Scientific, Inc. *		33,345		2,003,701
Waters Corp. *		3,000		263,670
Watson Pharmaceuticals, Inc. *		6,965		467,560

				85,763,866

Real Estate 2.2%
Alexandria Real Estate Equities, Inc.		4,364		357,848
Annaly Capital Management, Inc.		84,985		1,426,048
Apartment Investment & Management Co., Class A		22,254		607,534
AvalonBay Communities, Inc.		5,099		684,235
BioMed Realty Trust, Inc.		10,700		209,934
Boston Properties, Inc.		10,790		1,158,414
Brandywine Realty Trust		29,925		358,801
BRE Properties, Inc.		5,920		310,682
Camden Property Trust		7,320		490,952
CB Richard Ellis Group, Inc., Class A *		19,630		427,934
CBL & Associates Properties, Inc.		16,436		291,903
Chimera Investment Corp.		44,300		136,444
Colonial Properties Trust		11,225		241,899
CommonWealth REIT		14,262		336,869
Corporate Office Properties Trust		4,400		136,708
DCT Industrial Trust, Inc.		29,000		157,180
Developers Diversified Realty Corp.		40,152		586,621
Digital Realty Trust, Inc.		2,800		171,388
Douglas Emmett, Inc.		8,400		168,000
Duke Realty Corp.		38,775		544,401
Entertainment Properties Trust		3,500		162,715
Equity Residential		22,945		1,418,460
Essex Property Trust, Inc.		1,900		266,684
Federal Realty Investment Trust		4,370		381,676
General Growth Properties, Inc.		25,800		433,698
Hatteras Financial Corp.		5,500		147,510
HCP, Inc.		20,565		755,353
Health Care REIT, Inc.		9,830		518,827
Highwoods Properties, Inc.		7,435		255,987
Home Properties, Inc.		3,000		196,560
Hospitality Properties Trust		26,055		657,889
Host Hotels & Resorts, Inc.		58,778		931,631
iStar Financial, Inc. *		41,870		293,509
Jones Lang LaSalle, Inc.		2,500		212,800
Kilroy Realty Corp.		4,600		177,468
Kimco Realty Corp.		32,360		615,811
Lexington Realty Trust		16,900		141,960
Liberty Property Trust		14,350		487,326
Mack-Cali Realty Corp.		14,650		487,406
MFA Financial, Inc.		38,500		288,365
National Retail Properties, Inc.		7,800		195,702
Pennsylvania REIT		12,100		176,660
Piedmont Office Realty Trust, Inc., Class A		8,100		166,455
Plum Creek Timber Co., Inc.		15,495		592,219
Potlatch Corp.		7,300		242,506
ProLogis, Inc.		49,505		1,763,863
Public Storage		6,230		745,295
Rayonier, Inc.		7,535		485,631
Realty Income Corp.		5,340		173,336
Redwood Trust, Inc.		20,225		289,824
Regency Centers Corp.		6,420		288,386
Senior Housing Properties Trust		10,640		254,722
Simon Property Group, Inc.		14,176		1,708,350
SL Green Realty Corp.		6,307		517,300
Sunstone Hotel Investors, Inc. *		14,400		128,304
The Macerich Co.		10,502		557,971
UDR, Inc.		16,187		425,880
Ventas, Inc.		15,078		816,172
Vornado Realty Trust		13,528		1,265,544
Washington REIT		4,900		156,898
Weingarten Realty Investors		16,835		432,996
Weyerhaeuser Co.		68,557		1,370,454

				30,389,898

Retailing 4.0%
Aaron’s, Inc.		8,250		207,983
Abercrombie & Fitch Co., Class A		7,810		571,067
Advance Auto Parts, Inc.		6,245		343,288
Aeropostale, Inc. *		6,300		106,155
Amazon.com, Inc. *		8,550		1,902,546
American Eagle Outfitters, Inc.		28,935		380,206
Ann, Inc. *		7,530		195,328
Asbury Automotive Group, Inc. *		10,445		224,881
Ascena Retail Group, Inc. *		5,800		187,456
AutoNation, Inc. (b)*		25,015		940,814
AutoZone, Inc. *		2,123		606,010
Barnes & Noble, Inc.		23,940		416,556
Bed Bath & Beyond, Inc. *		18,365		1,074,169
Best Buy Co., Inc.		86,100		2,376,360
Big Lots, Inc. *		8,065		280,904
Cabela’s, Inc. *		5,700		155,952
CarMax, Inc. *		18,940		605,512
Charming Shoppes, Inc. *		53,690		220,129
Chico’s FAS, Inc.		13,900		209,751
Collective Brands, Inc. *		10,340		121,805
Core-Mark Holding Co., Inc. *		6,600		245,784
Dick’s Sporting Goods, Inc. *		4,700		173,900
Dillard’s, Inc., Class A		8,075		454,299
Dollar Tree, Inc. *		9,217		610,442
Expedia, Inc.		26,230		831,229
Family Dollar Stores, Inc.		10,775		572,260
Foot Locker, Inc.		25,395		551,833
GameStop Corp., Class A *		34,190		806,200
Genuine Parts Co.		19,300		1,025,988
Group 1 Automotive, Inc.		7,335		349,366
HSN, Inc. *		5,900		192,871

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
J.C. Penney Co., Inc.		47,600		1,464,176
Kohl’s Corp.		38,195		2,089,648
Liberty Media Corp. - Interactive, Class A *		80,520		1,321,333
Limited Brands, Inc.		32,120		1,216,063
LKQ Corp. *		7,100		174,447
Lowe’s Cos., Inc.		175,855		3,794,951
Macy’s, Inc.		86,920		2,509,380
Netflix, Inc. *		900		239,391
Nordstrom, Inc.		19,255		965,831
O’Reilly Automotive, Inc. *		7,830		465,885
Office Depot, Inc. *		176,950		668,871
OfficeMax, Inc. *		27,655		195,797
Penske Automotive Group, Inc.		14,995		331,839
PetSmart, Inc.		8,640		371,693
Priceline.com, Inc. *		461		247,857
RadioShack Corp.		21,180		294,826
Rent-A-Center, Inc.		15,370		415,759
Ross Stores, Inc.		6,945		526,223
Saks, Inc. *		47,235		507,304
Sears Holdings Corp. (b)*		23,221		1,617,807
Signet Jewelers Ltd. *		10,600		454,104
Sonic Automotive, Inc., Class A		22,160		347,247
Staples, Inc.		87,350		1,402,841
Target Corp.		96,595		4,973,677
The Gap, Inc.		51,475		992,953
The Home Depot, Inc.		206,396		7,209,412
The Men’s Wearhouse, Inc.		6,300		206,577
The TJX Cos., Inc.		28,930		1,599,829
Tiffany & Co.		7,435		591,752
Tractor Supply Co.		3,600		237,312
Urban Outfitters, Inc. *		11,400		370,956
Williams-Sonoma, Inc.		7,945		294,124

				55,040,909

Semiconductors & Semiconductor Equipment 1.7%
Advanced Micro Devices, Inc. *		60,230		442,088
Altera Corp.		9,150		374,052
Amkor Technology, Inc. *		30,580		162,991
Analog Devices, Inc.		20,765		714,316
Applied Materials, Inc.		94,425		1,163,316
Atmel Corp. *		10,700		129,470
Avago Technologies Ltd.		5,300		178,239
Broadcom Corp., Class A *		11,645		431,680
Cree, Inc. *		3,700		121,582
First Solar, Inc. (b)*		1,600		189,168
Intel Corp.		524,310		11,707,842
Intersil Corp., Class A		12,100		145,805
KLA-Tencor Corp.		8,180		325,728
Lam Research Corp. *		6,400		261,632
Linear Technology Corp.		13,455		394,232
LSI Corp. *		41,040		302,054
Marvell Technology Group Ltd. *		35,130		520,627
Maxim Integrated Products, Inc.		21,100		484,456
MEMC Electronic Materials, Inc. *		25,400		188,468
Microchip Technology, Inc.		14,180		478,575
Micron Technology, Inc. *		125,575		925,488
National Semiconductor Corp.		22,850		564,852
Novellus Systems, Inc. *		4,900		152,096
NVIDIA Corp. *		19,037		263,282
ON Semiconductor Corp. *		22,200		192,918
Skyworks Solutions, Inc. *		7,200		182,232
Teradyne, Inc. *		9,300		125,457
Texas Instruments, Inc.		74,170		2,206,557
Xilinx, Inc.		17,120		549,552

				23,878,755

Software & Services 4.9%
Accenture plc, Class A		38,095		2,252,938
Activision Blizzard, Inc.		51,800		613,312
Adobe Systems, Inc. *		25,040		694,109
Akamai Technologies, Inc. *		6,100		147,742
Alliance Data Systems Corp. *		3,580		352,057
Amdocs Ltd. *		20,800		655,824
AOL, Inc. *		43,780		752,140
Autodesk, Inc. *		4,600		158,240
Automatic Data Processing, Inc.		35,980		1,852,610
BMC Software, Inc. *		6,740		291,303
Broadridge Financial Solutions, Inc.		14,287		329,458
CA, Inc.		27,505		613,361
CACI International, Inc., Class A *		3,800		224,504
Check Point Software Technologies Ltd. *		7,000		403,550
Citrix Systems, Inc. *		4,970		358,039
Cognizant Technology Solutions Corp., Class A *		6,100		426,207
Computer Sciences Corp.		39,145		1,381,036
Compuware Corp. *		14,200		137,172
Convergys Corp. *		19,465		242,145
DST Systems, Inc.		6,700		342,973
eBay, Inc. *		69,575		2,278,581
Electronic Arts, Inc. *		21,450		477,263
Fidelity National Information Services, Inc.		30,523		916,300
Fiserv, Inc. *		11,550		697,158
Google, Inc., Class A *		8,313		5,018,475
IAC/InterActiveCorp *		15,562		644,111
International Business Machines Corp.		78,495		14,274,316
Intuit, Inc. *		12,455		581,648
Lender Processing Services, Inc.		6,300		118,629
MasterCard, Inc., Class A		2,868		869,721
Microsoft Corp.		581,715		15,938,991
Monster Worldwide, Inc. *		10,600		124,444
Nuance Communications, Inc. *		10,600		212,106
Oracle Corp.		147,760		4,518,501
Paychex, Inc.		26,960		761,081
SAIC, Inc. *		50,000		801,500
Symantec Corp. *		61,245		1,167,330
Synopsys, Inc. *		9,900		237,303
Teradata Corp. *		4,600		252,816
Total System Services, Inc.		24,770		460,970
Unisys Corp. *		8,600		178,622
VeriSign, Inc.		9,360		292,126
Visa, Inc., Class A		23,600		2,018,744
Western Union Co.		28,610		555,320
Yahoo!, Inc. *		101,305		1,327,095

				66,951,871

Technology Hardware & Equipment 4.2%
Amphenol Corp., Class A		6,000		293,340

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Anixter International, Inc.		5,420		338,316
Apple, Inc. *		23,530		9,187,994
Arrow Electronics, Inc. *		26,995		938,076
Avnet, Inc. *		35,280		1,033,704
Benchmark Electronics, Inc. *		11,040		161,736
Brightpoint, Inc. *		13,800		125,442
Brocade Communications Systems, Inc. *		42,000		230,160
Cisco Systems, Inc.		432,065		6,900,078
Corning, Inc.		95,360		1,517,178
Dell, Inc. *		274,110		4,451,546
Diebold, Inc.		9,030		273,067
EMC Corp. *		95,610		2,493,509
Flextronics International Ltd. *		196,600		1,268,070
FLIR Systems, Inc.		6,400		175,744
Harris Corp.		13,325		531,268
Hewlett-Packard Co.		240,475		8,455,101
Ingram Micro, Inc., Class A *		72,055		1,336,620
Insight Enterprises, Inc. *		12,600		212,058
Itron, Inc. *		3,300		142,032
Jabil Circuit, Inc.		31,295		573,011
Juniper Networks, Inc. *		18,570		434,352
Lexmark International, Inc., Class A *		15,745		528,560
Molex, Inc.		7,630		179,152
Molex, Inc., Class A		14,730		290,918
Motorola Mobility Holdings, Inc. *		25,215		564,312
Motorola Solutions, Inc. *		64,545		2,897,425
NCR Corp. *		20,545		409,873
NetApp, Inc. *		10,430		495,634
QUALCOMM, Inc.		61,985		3,395,538
SanDisk Corp. *		15,865		674,738
Sanmina-SCI Corp. *		26,282		299,615
Seagate Technology plc		89,235		1,239,474
TE Connectivity Ltd.		45,115		1,553,310
Tech Data Corp. *		25,840		1,205,953
Tellabs, Inc.		36,060		149,288
Trimble Navigation Ltd. *		4,300		152,994
Vishay Intertechnology, Inc. *		17,140		236,018
Western Digital Corp. *		32,500		1,119,950
Xerox Corp.		176,826		1,649,787

				58,114,941

Telecommunication Services 4.6%
American Tower Corp., Class A *		9,465		497,196
AT&T, Inc.		1,096,085		32,071,447
CenturyLink, Inc.		74,055		2,748,181
Cincinnati Bell, Inc. *		75,800		262,268
Crown Castle International Corp. *		10,580		459,172
Frontier Communications Corp.		92,098		689,814
Leap Wireless International, Inc. *		20,300		273,238
Level 3 Communications, Inc. *		290,000		632,200
MetroPCS Communications, Inc. *		24,400		397,232
NII Holdings, Inc. *		14,370		608,570
Sprint Nextel Corp. *		1,034,800		4,377,204
Telephone & Data Systems, Inc.		19,400		550,184
tw telecom, Inc. *		9,900		195,525
United States Cellular Corp. *		5,735		253,430
Verizon Communications, Inc.		538,430		19,001,195
Windstream Corp.		72,100		880,341

				63,897,197

Transportation 2.0%
Alaska Air Group, Inc. *		5,825		356,024
Alexander & Baldwin, Inc.		6,620		319,150
AMERCO *		2,120		191,097
AMR Corp. *		219,520		930,765
Atlas Air Worldwide Holdings, Inc. *		2,300		120,497
Avis Budget Group, Inc. *		51,790		782,547
C.H. Robinson Worldwide, Inc.		8,980		649,344
Con-way, Inc.		9,530		348,989
CSX Corp.		80,310		1,973,217
Delta Air Lines, Inc. *		142,700		1,125,903
Dollar Thrifty Automotive Group, Inc. *		5,600		403,424
DryShips, Inc. (b)*		38,300		143,625
Expeditors International of Washington, Inc.		8,525		406,813
FedEx Corp.		36,662		3,185,194
Hertz Global Holdings, Inc. *		93,800		1,319,766
J.B. Hunt Transport Services, Inc.		5,845		264,428
JetBlue Airways Corp. *		43,490		208,317
Kansas City Southern *		7,290		432,661
Kirby Corp. *		3,300		192,456
Norfolk Southern Corp.		35,150		2,660,855
Republic Airways Holdings, Inc. *		27,700		119,941
Ryder System, Inc.		15,020		845,926
SkyWest, Inc.		15,400		198,044
Southwest Airlines Co.		84,075		837,387
Union Pacific Corp.		32,656		3,346,587
United Continental Holdings, Inc. *		81,543		1,477,559
United Parcel Service, Inc., Class B		59,460		4,115,821
UTI Worldwide, Inc.		9,800		158,466
Werner Enterprises, Inc.		7,540		177,567
YRC Worldwide, Inc. (b)*		165,500		152,260

				27,444,630

Utilities 6.0%
AGL Resources, Inc.		14,640		597,312
ALLETE, Inc.		4,100		165,025
Alliant Energy Corp.		18,475		728,100
Ameren Corp.		67,090		1,933,534
American Electric Power Co., Inc.		83,745		3,086,841
American Water Works Co., Inc.		22,100		618,800
Aqua America, Inc.		11,600		245,340
Atmos Energy Corp.		18,160		607,089
Avista Corp.		8,300		209,243
Black Hills Corp.		5,725		171,063
Calpine Corp. *		54,450		884,812
CenterPoint Energy, Inc.		74,770		1,463,997
Cleco Corp.		6,700		232,624
CMS Energy Corp.		37,610		719,855
Consolidated Edison, Inc.		47,625		2,505,075
Constellation Energy Group, Inc.		61,480		2,387,268
Dominion Resources, Inc.		77,110		3,735,979
DPL, Inc.		9,920		300,080
DTE Energy Co.		34,465		1,717,736
Duke Energy Corp.		245,645		4,568,997
Dynegy, Inc. *		82,180		470,070
Edison International		61,490		2,340,924
Entergy Corp.		33,517		2,238,936
Exelon Corp.		106,055		4,673,844

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
FirstEnergy Corp.		73,934		3,301,153
GenOn Energy, Inc. *		223,602		869,812
Great Plains Energy, Inc.		25,670		517,764
Hawaiian Electric Industries, Inc.		17,770		415,818
IDACORP, Inc.		7,640		299,564
Integrys Energy Group, Inc.		16,335		820,180
ITC Holdings Corp.		2,300		161,598
MDU Resources Group, Inc.		26,980		581,689
National Fuel Gas Co.		7,345		531,631
New Jersey Resources Corp.		6,180		269,510
NextEra Energy, Inc.		61,880		3,418,870
Nicor, Inc.		6,240		341,328
NiSource, Inc.		64,635		1,301,103
Northeast Utilities		23,515		799,510
NorthWestern Corp.		6,700		214,534
NRG Energy, Inc. *		75,660		1,855,183
NSTAR		13,680		606,434
NV Energy, Inc.		36,100		535,724
OGE Energy Corp.		13,065		653,773
ONEOK, Inc.		15,610		1,136,252
Pepco Holdings, Inc.		57,665		1,077,182
PG&E Corp.		56,415		2,337,273
Piedmont Natural Gas Co., Inc.		8,550		249,404
Pinnacle West Capital Corp.		18,885		799,780
PNM Resources, Inc.		24,795		372,421
Portland General Electric Co.		13,245		328,211
PPL Corp.		65,555		1,828,984
Progress Energy, Inc.		50,465		2,358,734
Public Service Enterprise Group, Inc.		77,080		2,524,370
Questar Corp.		36,950		680,989
SCANA Corp.		23,085		904,701
Sempra Energy		33,815		1,714,082
Southern Co.		111,135		4,394,278
Southwest Gas Corp.		7,825		291,794
TECO Energy, Inc.		36,725		680,514
The AES Corp. *		175,740		2,163,359
UGI Corp.		17,320		524,796
Unisource Energy Corp.		5,900		217,238
Vectren Corp.		15,765		416,354
Westar Energy, Inc.		18,370		474,130
WGL Holdings, Inc.		7,545		292,821
Wisconsin Energy Corp.		13,040		399,676
Xcel Energy, Inc.		73,890		1,773,360

				82,038,425

Total Common Stock
(Cost $1,222,081,490)				1,371,546,173




Other Investment Company 0.0% of net assets

Money Fund 0.0%
State Street Institutional Liquid Reserves Fund - Institutional Class		360,418		360,418

Total Other Investment Company
(Cost $360,418)				360,418



End of Investments.



Collateral Invested for Securities on Loan 0.3% of net assets


State Street Navigator Security Lending Prime Portfolio		4,184,516		4,184,516

Total Collateral Invested for Securities on Loan
(Cost $4,184,516)				4,184,516



End of Collateral Invested for Securities on Loan.

At 07/31/11 tax basis cost of the fund’s investments was $1,246,113,975 and the unrealized appreciation and depreciation were $165,794,019 and ($40,001,403), respectively, with a net unrealized appreciation of $125,792,616.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.
(b)		All or a portion of this security is on loan.


REIT —		Real Estate Investment Trust

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Gains

Contracts

($)

Futures Contract

S&P 500 Index, e-mini, Long, expires 09/16/11

1,932,600

42,860


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

Schwab Fundamental US Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$1,371,546,173		$—		$—		$1,371,546,173
Other Investment Company(a)		360,418		—		—		360,418

Total		$1,371,906,591		$—		$—		$1,371,906,591

Other Financial Instruments
Collateral Invested for Securities on Loan		$4,184,516		$—		$—		$4,184,516
Futures Contract*		42,860		—		—		42,860


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

REG46846JUL11

Schwab Capital Trust
Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	99	.1%	Common Stock		501,505,369		596,592,256
	0	.0%	Rights		—		11,575
	0	.8%	Other Investment Company		4,746,859		4,746,859


	99	.9%	Total Investments		506,252,228		601,350,690
	2	.3%	Collateral Invested for Securities on Loan		13,784,699		13,784,699
	(2	.2)%	Other Assets and Liabilities, Net				(13,018,656	)


	100	.0%	Net Assets				602,116,733


	Number		Value
Security	of Shares		($)

Common Stock 99.1% of net assets

Automobiles & Components 1.0%
American Axle & Manufacturing Holdings, Inc. *		65,000		745,550
Dorman Products, Inc. *		5,700		203,661
Drew Industries, Inc.		12,895		274,663
Federal-Mogul Corp. *		44,400		851,148
Fuel Systems Solutions, Inc. *		9,700		206,028
Modine Manufacturing Co. *		51,655		770,176
Motorcar Parts of America, Inc. *		7,700		99,407
Spartan Motors, Inc.		42,200		194,120
Standard Motor Products, Inc.		32,000		454,400
Stoneridge, Inc. *		21,200		264,576
Superior Industries International, Inc.		24,660		499,119
Thor Industries, Inc.		32,500		803,725
Tower International, Inc. *		20,100		346,122
Winnebago Industries, Inc. *		18,465		154,921
Wonder Auto Technology, Inc. (a)(b)(c)*		19,300		104,606

				5,972,222

Banks 7.6%
1st Source Corp.		7,740		178,407
Abington Bancorp, Inc.		11,400		112,974
Ameris Bancorp *		16,034		162,264
Arrow Financial Corp.		6,093		146,841
BancFirst Corp.		4,075		155,421
Banco Latinoamericano de Comercio Exterior, S.A., Class E		35,300		624,457
Bank Mutual Corp.		44,660		165,689
Bank of Marin Bancorp		3,100		119,381
Bank of the Ozarks, Inc.		5,000		259,750
BankAtlantic Bancorp, Inc., Class A (a)*		120,300		123,909
BankFinancial Corp.		10,700		87,205
Banner Corp.		17,837		330,341
Beneficial Mutual Bancorp, Inc. *		12,850		100,616
Berkshire Hills Bancorp, Inc.		11,350		248,792
BOK Financial Corp.		13,600		740,656
Boston Private Financial Holdings, Inc.		70,640		489,535
Brookline Bancorp, Inc.		56,210		480,595
Bryn Mawr Bank Corp.		5,700		114,684
Camden National Corp.		3,200		102,304
Capitol Federal Financial, Inc.		80,786		924,192
Cardinal Financial Corp.		12,700		136,271
Cathay General Bancorp		54,500		755,370
Center Financial Corp. *		20,200		124,432
Centerstate Banks, Inc.		18,200		118,846
Chemical Financial Corp.		18,130		343,926
Citizens & Northern Corp.		8,000		131,680
Citizens Republic Bancorp, Inc. *		81,850		752,201
City Holding Co.		13,090		409,324
CoBiz Financial, Inc.		30,100		185,115
Columbia Banking System, Inc.		18,435		324,640
Comerica, Inc.		12,753		408,487
Community Bank System, Inc.		24,970		628,245
Community Trust Bancorp, Inc.		9,195		249,368
CVB Financial Corp.		93,180		902,914
Dime Community Bancshares		25,750		361,787
Doral Financial Corp. *		159,700		279,475
Eagle Bancorp, Inc. *		8,000		107,920
Enterprise Financial Services Corp.		10,400		145,080
ESSA Bancorp, Inc.		7,500		86,250
Financial Institutions, Inc.		8,705		145,983
First Bancorp		9,900		97,515
First BanCorp Puerto Rico (a)*		100,872		443,837
First Busey Corp.		37,115		192,627
First Citizens BancShares, Inc., Class A		2,900		522,348
First Commonwealth Financial Corp.		114,290		587,451
First Community Bancshares, Inc.		14,875		187,276
First Financial Bancorp		33,390		534,574
First Financial Bankshares, Inc.		16,500		531,795
First Financial Corp.		7,400		244,866
First Financial Holdings, Inc.		15,145		125,855
First Interstate BancSystem, Inc.		14,700		196,686
First Merchants Corp.		24,965		223,437
First Midwest Bancorp, Inc.		78,695		938,044
Flagstar Bancorp, Inc. *		187,800		137,113
Flushing Financial Corp.		25,055		308,678
Glacier Bancorp, Inc.		54,780		719,809
Great Southern Bancorp, Inc.		5,900		107,734
Hanmi Financial Corp. *		72,170		76,500
Heartland Financial USA, Inc.		6,050		97,103
Home Bancshares, Inc.		8,840		208,359
Hudson Valley Holding Corp.		13,300		285,684
IBERIABANK Corp.		15,650		797,680
Independent Bank Corp.		14,095		374,222
International Bancshares Corp.		53,100		893,142

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Investors Bancorp, Inc. *		22,965		317,836
Lakeland Bancorp, Inc.		15,378		153,011
Lakeland Financial Corp.		10,500		236,775
MainSource Financial Group, Inc.		15,100		139,524
MB Financial, Inc.		42,945		867,060
Metro Bancorp, Inc. *		12,400		142,228
Nara Bancorp, Inc. *		21,113		169,537
National Penn Bancshares, Inc.		107,223		862,073
NBT Bancorp, Inc.		25,755		567,640
Northfield Bancorp, Inc.		8,100		110,970
Northwest Bancshares, Inc.		77,292		949,919
OceanFirst Financial Corp.		12,200		164,090
Ocwen Financial Corp. *		77,745		1,002,133
Old National Bancorp		87,325		890,715
Oriental Financial Group, Inc.		30,435		378,003
Oritani Financial Corp.		8,600		111,284
Orrstown Financial Services, Inc.		4,100		77,531
Pacific Continental Corp.		12,500		123,000
PacWest Bancorp		26,080		517,688
Park National Corp. (a)		11,010		678,656
Peoples Bancorp, Inc.		9,575		114,230
Pinnacle Financial Partners, Inc. *		26,100		398,025
PrivateBancorp, Inc.		40,515		477,672
Prosperity Bancshares, Inc.		20,700		859,671
Provident Financial Services, Inc.		48,690		674,843
Provident New York Bancorp		19,685		148,425
Radian Group, Inc.		141,800		449,506
Renasant Corp.		20,000		306,000
Republic Bancorp, Inc., Class A		11,100		201,021
S&T Bancorp, Inc.		26,490		503,840
S.Y. Bancorp, Inc.		7,515		170,666
Sandy Spring Bancorp, Inc.		16,795		300,127
SCBT Financial Corp.		8,100		237,168
Seacoast Banking Corp. of Florida *		99,790		157,668
Signature Bank *		16,180		957,209
Simmons First National Corp., Class A		11,300		273,008
Southside Bancshares, Inc.		11,807		234,133
Southwest Bancorp, Inc. *		17,100		106,020
State Bancorp, Inc.		9,500		123,500
StellarOne Corp.		12,542		156,022
Sterling Bancorp		25,795		243,763
Sterling Financial Corp. *		12,525		217,184
Suffolk Bancorp		7,415		89,870
Territorial Bancorp, Inc.		5,600		116,928
Texas Capital Bancshares, Inc. *		19,620		536,215
TFS Financial Corp. *		37,480		353,811
The Bancorp, Inc. *		19,400		174,600
The First of Long Island Corp.		3,900		103,623
The PMI Group, Inc. *		192,300		192,300
Tompkins Financial Corp.		4,031		162,852
Tower Bancorp, Inc.		5,300		140,397
TowneBank (a)		16,900		220,714
TriCo Bancshares		10,700		158,574
TrustCo Bank Corp. NY		78,010		360,406
UMB Financial Corp.		17,301		717,991
Union First Market Bankshares Corp.		12,700		158,115
United Bankshares, Inc.		36,995		882,701
United Community Banks, Inc. *		60,979		666,500
United Financial Bancorp, Inc.		8,900		138,751
Univest Corp. of Pennsylvania		9,600		142,752
ViewPoint Financial Group		10,100		131,502
Virginia Commerce Bancorp, Inc. *		29,000		184,730
Washington Banking Co.		7,400		95,978
Washington Trust Bancorp, Inc.		7,385		168,230
WesBanco, Inc.		15,690		322,430
West Coast Bancorp *		12,065		196,418
Westamerica Bancorp		16,970		796,402
Western Alliance Bancorp *		53,065		373,047
Westfield Financial, Inc.		20,727		167,889
Wilshire Bancorp, Inc. *		23,000		75,900
Wintrust Financial Corp.		27,340		934,481
WSFS Financial Corp.		6,035		239,650

				45,870,793

Capital Goods 10.5%
A-Power Energy Generation Systems Ltd. (b)(c)*		28,300		42,790
A.O. Smith Corp.		28,300		1,173,601
A123 Systems, Inc. (a)*		27,800		142,614
AAON, Inc.		9,120		206,842
AAR CORP.		37,480		1,099,663
Aceto Corp.		22,900		139,690
Actuant Corp., Class A		33,500		827,785
Aerovironment, Inc. *		5,900		170,097
Aircastle Ltd.		88,400		1,012,180
Alamo Group, Inc.		6,300		150,633
Albany International Corp., Class A		24,200		642,994
Altra Holdings, Inc. *		15,600		346,944
American Railcar Industries, Inc. *		10,550		246,765
American Science & Engineering, Inc.		2,300		186,599
American Superconductor Corp. (a)*		6,500		47,580
American Woodmark Corp.		4,895		81,355
Ameron International Corp.		7,540		641,579
Ampco-Pittsburgh Corp.		7,160		186,518
Apogee Enterprises, Inc.		34,595		396,113
Applied Industrial Technologies, Inc.		32,620		1,041,230
Armstrong World Industries, Inc.		23,600		932,200
Astec Industries, Inc. *		18,250		684,740
AZZ, Inc.		5,400		270,162
Badger Meter, Inc.		5,200		189,748
Barnes Group, Inc.		37,465		912,273
Beacon Roofing Supply, Inc. *		46,880		1,002,294
Belden, Inc.		25,240		930,094
Blount International, Inc. *		25,705		427,474
Builders FirstSource, Inc. *		44,155		101,557
CAI International, Inc. *		5,000		87,750
Cascade Corp.		6,755		337,682
Ceradyne, Inc. *		21,630		701,028
Chart Industries, Inc. *		12,810		679,699
China BAK Battery, Inc. (a)*		61,500		74,415
China Yuchai International Ltd.		25,200		479,052
CIRCOR International, Inc.		7,290		315,293
CLARCOR, Inc.		22,025		970,421
Coleman Cable, Inc. *		15,200		200,336
Colfax Corp. *		14,400		389,808
Columbus McKinnon Corp. *		21,860		359,597
Comfort Systems USA, Inc.		36,500		381,060
Commercial Vehicle Group, Inc. *		19,560		207,336
Cubic Corp.		7,990		387,835
DigitalGlobe, Inc. *		13,100		342,172

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Douglas Dynamics, Inc.		8,100		123,039
Ducommun, Inc.		9,900		217,800
DXP Enterprises, Inc. *		8,000		217,520
Dycom Industries, Inc. *		42,070		716,873
Dynamic Materials Corp.		5,400		114,480
Encore Wire Corp.		20,940		460,889
EnPro Industries, Inc. *		15,470		715,333
ESCO Technologies, Inc.		13,200		457,776
Federal Signal Corp.		82,900		479,162
Flow International Corp. *		28,000		95,480
Force Protection, Inc. *		79,800		364,686
Franklin Electric Co., Inc.		8,480		370,152
FreightCar America, Inc. *		13,935		343,916
Furmanite Corp. *		18,900		148,176
Fushi Copperweld, Inc. (a)*		16,600		117,362
GenCorp, Inc. *		51,200		289,792
Generac Holdings, Inc. *		18,500		343,175
GeoEye, Inc. *		6,700		267,732
Gibraltar Industries, Inc. *		43,355		445,689
Graco, Inc.		24,240		1,064,863
GrafTech International Ltd. *		42,730		822,980
Great Lakes Dredge & Dock Co.		37,400		222,530
Griffon Corp. *		55,108		520,771
H&E Equipment Services, Inc. *		17,720		212,640
HEICO Corp.		3,768		196,916
HEICO Corp., Class A		7,366		272,542
Hexcel Corp. *		54,685		1,309,159
Houston Wire & Cable Co.		13,000		206,830
Hurco Cos., Inc. *		4,100		120,622
IDEX Corp.		26,700		1,107,516
II-VI, Inc. *		15,530		388,716
Insituform Technologies, Inc., Class A *		20,015		401,301
Insteel Industries, Inc.		16,300		186,798
Interline Brands, Inc. *		24,760		414,235
John Bean Technologies Corp.		20,440		360,970
Kadant, Inc. *		9,000		236,790
Kaman Corp.		17,580		626,200
Kaydon Corp.		16,335		582,343
Kratos Defense & Security Solutions, Inc. *		16,057		174,537
L.B. Foster Co., Class A		7,880		273,830
Lawson Products, Inc.		5,530		103,245
Layne Christensen Co. *		18,300		536,373
Lindsay Corp.		3,400		215,220
LMI Aerospace, Inc. *		6,500		149,435
LSI Industries, Inc.		25,602		213,009
Lydall, Inc. *		19,900		240,392
MasTec, Inc. *		29,910		624,521
Michael Baker Corp. *		7,300		152,278
Miller Industries, Inc.		11,400		186,732
MSC Industrial Direct Co., Inc., Class A		17,000		1,050,260
Mueller Water Products, Inc., Class A		227,400		743,598
MYR Group, Inc. *		15,100		366,779
NACCO Industries, Inc., Class A		7,140		648,883
National Presto Industries, Inc.		2,945		299,624
NCI Building Systems, Inc. *		42,651		481,530
NN, Inc. *		11,500		135,470
Nordson Corp.		12,750		650,632
Northwest Pipe Co. *		12,000		360,600
Orbital Sciences Corp. *		40,555		702,413
Orion Marine Group, Inc. *		19,240		167,196
Pike Electric Corp. *		21,220		186,524
Polypore International, Inc. *		7,100		482,800
Powell Industries, Inc. *		7,770		299,456
Quanex Building Products Corp.		27,850		436,409
Raven Industries, Inc.		5,065		267,584
RBC Bearings, Inc. *		10,000		379,700
Robbins & Myers, Inc.		11,417		550,756
RSC Holdings, Inc. *		36,700		438,198
Rush Enterprises, Inc., Class A *		40,460		808,795
Sauer-Danfoss, Inc. *		8,240		391,400
Seaboard Corp.		200		523,000
SeaCube Container Leasing Ltd.		17,000		246,670
Sensata Technologies Holding N.V. *		18,000		638,640
Simpson Manufacturing Co., Inc.		20,185		571,235
Standex International Corp.		10,050		323,509
Sterling Construction Co., Inc. *		17,300		221,440
Sun Hydraulics Corp.		5,250		149,678
TAL International Group, Inc.		8,790		271,963
Taser International, Inc. *		25,900		106,449
Tecumseh Products Co., Class A *		25,530		260,917
Tennant Co.		8,680		371,591
Textainer Group Holdings Ltd.		5,350		138,833
The Gorman-Rupp Co.		8,000		260,640
The Greenbrier Cos., Inc. *		20,120		404,814
The Middleby Corp. *		5,508		465,316
The Toro Co.		16,610		894,116
Titan International, Inc.		14,275		360,729
Titan Machinery, Inc. *		8,200		216,562
TransDigm Group, Inc. *		13,900		1,251,973
Tredegar Corp.		20,275		386,441
TriMas Corp. *		13,450		322,396
Triumph Group, Inc.		18,060		972,350
Twin Disc, Inc.		5,100		193,800
Universal Forest Products, Inc.		19,870		585,569
Valmont Industries, Inc.		8,050		783,667
Vicor Corp. *		7,261		102,162
Wabash National Corp. *		29,045		218,128
Wabtec Corp.		15,660		1,010,383
Watsco, Inc.		16,245		961,379
Watts Water Technologies, Inc., Class A		19,055		638,914
Woodward, Inc.		30,800		1,062,600
Xerium Technologies, Inc. *		10,100		165,034

				63,490,429

Commercial & Professional Supplies 5.0%
ABM Industries, Inc.		40,900		920,250
Acco Brands Corp. *		90,145		772,543
American Reprographics Co. *		47,350		323,401
APAC Customer Services, Inc. *		19,200		161,472
Casella Waste Systems, Inc., Class A *		38,200		240,278
CBIZ, Inc. *		61,995		462,483
CDI Corp.		23,460		304,042
Cenveo, Inc. *		107,808		624,208
Clean Harbors, Inc. *		17,530		924,707
Consolidated Graphics, Inc. *		12,320		635,589
Copart, Inc. *		22,380		972,411
CoStar Group, Inc. *		5,440		319,654

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Courier Corp.		10,455		100,473
CRA International, Inc. *		8,845		237,754
Dolan Co. *		19,000		150,670
EnergySolutions, Inc.		117,000		592,020
Ennis, Inc.		30,040		526,902
Exponent, Inc. *		4,500		188,145
G & K Services, Inc., Class A		17,290		589,070
GP Strategies Corp. *		11,900		154,105
Healthcare Services Group, Inc.		26,555		416,648
Heidrick & Struggles International, Inc.		12,170		323,722
Herman Miller, Inc.		34,210		787,172
Hill International, Inc. *		24,800		133,176
Hudson Highland Group, Inc. *		18,385		110,126
Huron Consulting Group, Inc. *		15,800		511,446
ICF International, Inc. *		12,900		301,344
IHS, Inc., Class A *		10,310		759,744
Innerworkings, Inc. *		15,300		112,149
Insperity, Inc.		20,060		586,153
Interface, Inc., Class A		26,385		422,688
KAR Auction Services, Inc. *		33,300		592,074
Kforce, Inc. *		28,800		396,864
Kimball International, Inc., Class B		20,725		124,350
Knoll, Inc.		28,100		512,825
Korn/Ferry International *		27,230		586,534
M&F Worldwide Corp. *		20,933		524,581
McGrath Rentcorp		17,625		458,779
Metalico, Inc. *		35,800		196,184
Mine Safety Appliances Co.		16,825		574,069
Mistras Group, Inc. *		9,000		153,540
Mobile Mini, Inc. *		26,025		549,388
Multi-Color Corp.		8,600		231,598
Navigant Consulting, Inc. *		64,625		760,636
On Assignment, Inc. *		33,300		339,660
Resources Connection, Inc.		24,860		323,677
Rollins, Inc.		19,322		368,857
Schawk, Inc.		8,460		133,583
School Specialty, Inc. *		23,500		282,470
SFN Group, Inc. *		60,810		846,475
Standard Parking Corp. *		14,000		232,960
Steelcase, Inc., Class A		106,200		1,054,566
Sykes Enterprises, Inc. *		22,355		431,452
Team, Inc. *		10,700		286,225
Tetra Tech, Inc. *		42,295		930,490
The Advisory Board Co. *		3,530		188,996
The Corporate Executive Board Co.		15,570		632,921
The Geo Group, Inc. *		33,880		704,704
The Standard Register Co.		34,950		104,850
Towers Watson & Co., Class A		17,415		1,064,927
TrueBlue, Inc. *		41,530		623,365
UniFirst Corp.		10,305		565,229
US Ecology, Inc.		9,000		152,010
Verisk Analytics, Inc., Class A *		23,400		779,220
Viad Corp.		21,565		447,042
VSE Corp.		5,200		109,460

				29,929,106

Consumer Durables & Apparel 3.7%
American Apparel, Inc. (a)*		111,600		116,064
American Greetings Corp., Class A		46,000		1,019,820
Arctic Cat, Inc. *		14,800		243,904
Beazer Homes USA, Inc. *		211,900		614,510
Blyth, Inc.		11,572		732,045
Callaway Golf Co.		89,555		568,674
Carter’s, Inc. *		17,365		581,728
Cavco Industries, Inc. *		3,500		148,960
Cherokee, Inc.		10,000		158,600
Columbia Sportswear Co.		7,280		417,872
Crocs, Inc. *		23,460		735,002
CSS Industries, Inc.		7,175		142,352
Deckers Outdoor Corp. *		6,750		669,937
Ethan Allen Interiors, Inc.		26,765		492,476
Fossil, Inc. *		8,565		1,076,364
Furniture Brands International, Inc. *		128,000		515,840
G-III Apparel Group Ltd. *		8,500		262,395
Helen of Troy Ltd. *		16,730		539,543
Hooker Furniture Corp.		11,400		102,828
Hovnanian Enterprises, Inc., Class A (a)*		156,800		301,056
Iconix Brand Group, Inc. *		27,330		637,609
JAKKS Pacific, Inc. *		31,325		546,621
K-Swiss, Inc., Class A *		35,630		379,816
Kenneth Cole Productions, Inc., Class A *		12,140		154,906
Kid Brands, Inc. *		12,400		56,916
La-Z-Boy, Inc. *		68,920		604,428
Leapfrog Enterprises, Inc. *		31,335		122,207
Libbey, Inc. *		16,400		253,708
Lifetime Brands, Inc.		10,700		117,700
Lululemon Athletica, Inc. *		2,600		157,404
M/I Homes, Inc. *		28,400		320,920
Maidenform Brands, Inc. *		11,300		292,105
Movado Group, Inc.		17,120		277,002
Nautilus, Inc. *		52,657		98,995
Oxford Industries, Inc.		18,830		737,759
Perry Ellis International, Inc. *		12,800		299,136
Quiksilver, Inc. *		238,800		1,256,088
Sealy Corp. *		94,570		207,108
Skechers U.S.A., Inc., Class A *		33,745		561,854
Skyline Corp.		8,985		121,567
Smith & Wesson Holding Corp. *		56,400		189,504
Standard Pacific Corp. *		62,100		177,606
Steven Madden Ltd. *		13,248		504,749
Sturm, Ruger & Co., Inc.		6,900		188,508
Tempur-Pedic International, Inc. *		15,315		1,102,833
The Ryland Group, Inc.		52,900		779,217
The Timberland Co., Class A *		15,900		680,361
True Religion Apparel, Inc. *		8,000		269,520
Under Armour, Inc., Class A *		5,415		397,515
Unifi, Inc. *		20,600		264,298
Universal Electronics, Inc. *		7,200		168,552
Wolverine World Wide, Inc.		22,490		851,696

				22,218,178

Consumer Services 5.4%
AFC Enterprises, Inc. *		25,500		393,975
Ambassadors Group, Inc.		15,300		130,356
American Public Education, Inc. *		2,300		104,811
Ameristar Casinos, Inc.		22,275		494,505
Ascent Capital Group, Inc., Class A *		11,300		543,643
Bally Technologies, Inc. *		21,575		850,702
Biglari Holdings, Inc. *		748		275,391

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
BJ’s Restaurants, Inc. *		8,300		384,871
Bob Evans Farms, Inc.		33,455		1,155,536
Bravo Brio Restaurant Group, Inc. *		6,300		140,805
Buffalo Wild Wings, Inc. *		4,200		266,826
Capella Education Co. *		3,040		129,960
Carrols Restaurant Group, Inc. *		19,800		194,634
CEC Entertainment, Inc.		16,780		649,386
ChinaCast Education Corp. (a)*		21,000		103,320
Chipotle Mexican Grill, Inc. *		4,020		1,304,812
Choice Hotels International, Inc.		18,340		559,187
Churchill Downs, Inc.		6,695		294,111
Coinstar, Inc. (a)*		15,325		748,780
Corinthian Colleges, Inc. *		182,385		758,722
CPI Corp.		9,800		109,172
Cracker Barrel Old Country Store, Inc.		22,220		1,002,344
Denny’s Corp. *		113,200		431,292
DineEquity, Inc. *		10,530		548,613
Education Management Corp. (a)*		40,900		912,479
Gaylord Entertainment Co. *		29,680		870,811
Grand Canyon Education, Inc. *		8,200		126,198
Hillenbrand, Inc.		41,700		912,813
International Speedway Corp., Class A		21,450		599,957
Interval Leisure Group, Inc. *		19,532		250,986
Isle of Capri Casinos, Inc. *		35,415		300,319
ITT Educational Services, Inc. *		11,935		1,022,471
K12, Inc. *		6,900		221,352
Krispy Kreme Doughnuts, Inc. *		30,235		247,322
LIFE TIME FITNESS, Inc. *		11,685		487,966
Lincoln Educational Services Corp.		20,760		371,189
Mac-Gray Corp.		7,200		105,840
Matthews International Corp., Class A		16,015		579,583
McCormick & Schmick’s Seafood Restaurants, Inc. *		20,500		181,220
Morgans Hotel Group *		21,900		156,804
Morton’s Restaurant Group, Inc. *		20,800		144,144
Multimedia Games Holding Co., Inc. *		35,380		153,549
O’Charley’s, Inc. *		45,375		276,334
Orient-Express Hotels Ltd., Class A *		41,990		415,281
P.F. Chang’s China Bistro, Inc.		14,555		479,296
Panera Bread Co., Class A *		7,575		873,473
Papa John’s International, Inc. *		15,110		471,583
Peet’s Coffee & Tea, Inc. *		4,800		280,320
Pinnacle Entertainment, Inc. *		60,575		874,097
Red Lion Hotels Corp. *		19,800		149,490
Red Robin Gourmet Burgers, Inc. *		15,980		550,032
Ruby Tuesday, Inc. *		60,250		547,673
Ruth’s Hospitality Group, Inc. *		36,400		209,300
Scientific Games Corp., Class A *		90,070		823,240
Shuffle Master, Inc. *		24,800		231,136
Sonic Corp. *		63,480		679,236
Sotheby’s		15,620		661,507
Speedway Motorsports, Inc.		17,215		234,124
Steiner Leisure Ltd. *		7,460		362,705
Stewart Enterprises, Inc., Class A		64,140		445,773
Strayer Education, Inc.		3,800		462,270
Texas Roadhouse, Inc.		26,310		434,641
The Cheesecake Factory, Inc. *		35,735		1,030,240
The Marcus Corp.		19,030		184,210
Universal Technical Institute, Inc. *		10,080		174,384
Vail Resorts, Inc.		22,760		1,041,270
Weight Watchers International, Inc.		10,992		848,472
WMS Industries, Inc. *		22,912		631,684

				32,592,528

Diversified Financials 2.4%
Advance America Cash Advance Centers, Inc.		122,695		865,000
BGC Partners, Inc., Class A		14,480		118,591
Calamos Asset Management, Inc., Class A		31,015		422,424
Cash America International, Inc.		19,605		1,097,096
Cohen & Steers, Inc.		5,440		215,043
Compass Diversified Holdings		44,060		659,578
CompuCredit Holdings Corp. *		18,128		54,203
Cowen Group, Inc., Class A *		102,339		404,239
Credit Acceptance Corp. *		2,675		212,154
Dollar Financial Corp. *		22,737		491,347
Duff & Phelps Corp., Class A		8,000		91,120
Encore Capital Group, Inc. *		9,755		266,799
Evercore Partners, Inc., Class A		5,400		153,522
EZCORP, Inc., Class A *		18,500		615,680
FBR & Co. *		35,700		103,887
First Cash Financial Services, Inc. *		9,090		393,324
GAMCO Investors, Inc., Class A		2,535		122,618
GFI Group, Inc.		60,020		272,491
Gleacher & Co., Inc. *		59,600		101,916
Greenhill & Co., Inc.		6,435		283,397
ICG Group, Inc. *		11,000		121,550
INTL FCStone, Inc. *		6,774		155,667
Investment Technology Group, Inc. *		48,955		595,782
Janus Capital Group, Inc.		83,200		702,208
KBW, Inc.		12,600		215,460
LPL Investment Holdings, Inc. *		11,000		363,550
MarketAxess Holdings, Inc.		5,700		148,941
Medallion Financial Corp.		20,100		186,528
Nelnet, Inc., Class A		19,340		389,894
NewStar Financial, Inc. *		26,100		277,704
Oppenheimer Holdings, Inc., Class A		7,400		191,512
optionsXpress Holdings, Inc.		15,590		235,409
Penson Worldwide, Inc. (a)*		25,000		76,500
PICO Holdings, Inc. *		8,595		234,730
Piper Jaffray Cos., Inc. *		14,205		418,764
Portfolio Recovery Associates, Inc. *		3,645		294,990
Resource America, Inc., Class A		15,200		89,224
Safeguard Scientifics, Inc. *		5,500		100,155
Stifel Financial Corp. *		15,960		605,842
SWS Group, Inc.		87,720		478,074
The First Marblehead Corp. *		48,000		79,200
Waddell & Reed Financial, Inc., Class A		27,620		1,013,654
World Acceptance Corp. *		9,660		615,535

				14,535,302

Energy 6.8%
Alon USA Energy, Inc.		20,600		250,496
Approach Resources, Inc. *		3,800		98,648
ATP Oil & Gas Corp. (a)*		26,785		388,115

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Basic Energy Services, Inc. *		39,085		1,265,963
Berry Petroleum Co., Class A		16,520		947,422
Bill Barrett Corp. *		13,340		663,798
BPZ Resources, Inc. (a)*		20,600		74,572
Brigham Exploration Co. *		6,835		217,353
Cal Dive International, Inc. *		124,343		693,834
Callon Petroleum Co. *		22,500		156,825
CARBO Ceramics, Inc.		2,880		449,482
Carrizo Oil & Gas, Inc. *		7,605		292,032
Clayton Williams Energy, Inc. *		2,085		138,277
Clean Energy Fuels Corp. (a)*		8,600		137,686
Cloud Peak Energy, Inc. *		48,400		1,079,320
Cobalt International Energy, Inc. *		20,700		255,024
Complete Production Services, Inc. *		35,500		1,380,240
Comstock Resources, Inc. *		39,255		1,252,234
Concho Resources, Inc. *		10,440		976,975
Contango Oil & Gas Co. *		4,760		300,261
Continental Resources, Inc. *		5,000		342,950
Core Laboratories N.V.		5,990		650,993
Crimson Exploration, Inc. *		34,900		109,935
Crosstex Energy, Inc.		77,000		1,124,200
Dawson Geophysical Co. *		4,900		194,481
Delek US Holdings, Inc.		11,100		184,482
Delta Petroleum Corp. *		23,663		102,461
DHT Holdings, Inc.		87,100		313,560
Dril-Quip, Inc. *		6,985		492,512
Endeavour International Corp. *		11,100		139,194
Energy Partners Ltd. *		26,600		452,466
Energy XXI (Bermuda) Ltd. *		15,900		521,679
ENGlobal Corp. *		28,000		112,000
EXCO Resources, Inc.		44,700		711,177
Gastar Exploration Ltd. *		23,000		109,250
Geokinetics, Inc. *		17,600		110,000
GeoResources, Inc. *		3,200		81,664
Global Geophysical Services, Inc. *		9,600		163,776
Global Industries Ltd. *		81,965		420,480
GMX Resources, Inc. *		45,500		220,675
Goodrich Petroleum Corp. (a)*		13,700		271,671
Gran Tierra Energy, Inc. *		51,900		360,705
Green Plains Renewable Energy, Inc. (a)*		8,500		93,075
Gulf Island Fabrication, Inc.		9,400		325,240
GulfMark Offshore, Inc., Class A *		18,705		911,682
Gulfport Energy Corp. *		4,100		149,486
Harvest Natural Resources, Inc. (a)*		11,750		160,975
Hercules Offshore, Inc. *		222,400		1,045,280
Hornbeck Offshore Services, Inc. *		28,780		801,235
InterOil Corp. *		5,400		338,040
ION Geophysical Corp. *		34,605		350,895
James River Coal Co. *		15,700		297,672
Knightsbridge Tankers Ltd. (a)		16,290		335,411
Lufkin Industries, Inc.		6,810		554,879
Magnum Hunter Resources Corp. *		15,354		110,242
Matrix Service Co. *		24,000		334,560
McMoRan Exploration Co. *		59,260		997,938
Miller Energy Resources, Inc. (a)*		17,700		78,057
Mitcham Industries, Inc. *		8,900		161,624
Natural Gas Services Group *		6,800		108,188
Newpark Resources, Inc. *		71,440		663,678
Nordic American Tanker Shipping Ltd. (a)		37,985		777,933
Oilsands Quest, Inc. *		329,900		83,234
OYO Geospace Corp. *		1,000		101,430
Pacific Ethanol, Inc. (a)*		24,642		21,032
Parker Drilling Co. *		174,510		1,106,393
Patriot Coal Corp. *		41,300		780,983
Penn Virginia Corp.		67,700		888,224
Petroleum Development Corp. *		11,855		430,574
PetroQuest Energy, Inc. *		40,185		326,704
PHI, Inc. - Non Voting Shares *		11,885		255,884
Pioneer Drilling Co. *		47,000		764,690
Quicksilver Resources, Inc. *		19,300		273,095
Resolute Energy Corp. *		7,800		127,062
REX American Resources Corp. *		8,300		143,009
Rex Energy Corp. *		12,500		138,375
Rosetta Resources, Inc. *		14,010		725,298
RPC, Inc.		17,297		408,555
SandRidge Energy, Inc. *		85,265		982,253
Stone Energy Corp. *		35,300		1,145,838
Swift Energy Co. *		23,305		887,921
Teekay Tankers Ltd., Class A (a)		29,300		239,967
Tesco Corp. *		21,600		459,216
TETRA Technologies, Inc. *		72,560		933,847
Tsakos Energy Navigation Ltd.		76,930		696,986
Union Drilling, Inc. *		17,000		189,550
VAALCO Energy, Inc. *		31,340		208,724
Vanguard Natural Resources LLC		4,200		128,226
Vantage Drilling Co. *		121,100		197,393
Venoco, Inc. *		10,600		134,726
W&T Offshore, Inc.		17,500		474,250
Warren Resources, Inc. *		24,200		98,494
Willbros Group, Inc. *		56,700		521,640

				40,678,531

Food & Staples Retailing 0.5%
Ingles Markets, Inc., Class A		11,100		170,940
PriceSmart, Inc.		15,340		897,697
Spartan Stores, Inc.		31,500		556,290
Susser Holdings Corp. *		18,300		298,473
The Andersons, Inc.		17,325		712,230
The Fresh Market, Inc. *		3,500		124,355
Village Super Market, Inc., Class A		3,202		86,070
Weis Markets, Inc.		11,300		454,147

				3,300,202

Food, Beverage & Tobacco 2.3%
Adecoagro SA *		12,900		146,415
Alliance One International, Inc. *		213,630		702,843
B&G Foods, Inc.		35,200		661,408
Cal-Maine Foods, Inc. (a)		14,500		490,245
Calavo Growers, Inc.		7,200		148,824
Coca-Cola Bottling Co.		6,200		400,024
Darling International, Inc. *		24,720		417,274
Diamond Foods, Inc.		7,300		522,607
Green Mountain Coffee Roasters, Inc. *		16,080		1,671,516
Hansen Natural Corp. *		11,555		885,344
Heckmann Corp. *		27,200		164,016
Imperial Sugar Co.		33,100		763,948
J & J Snack Foods Corp.		7,535		389,484
Lancaster Colony Corp.		14,165		851,741
National Beverage Corp.		11,400		168,492

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Omega Protein Corp. *		12,700		153,924
Pilgrim’s Pride Corp. (a)*		79,900		383,520
Reddy Ice Holdings, Inc. (a)*		41,610		124,414
Sanderson Farms, Inc.		22,100		1,021,462
Smart Balance, Inc. *		56,600		268,284
Snyders-Lance, Inc.		20,760		423,712
The Boston Beer Co., Inc., Class A *		1,900		171,285
The Hain Celestial Group, Inc. *		27,770		897,804
Tootsie Roll Industries, Inc.		11,395		319,630
TreeHouse Foods, Inc. *		18,285		944,237
Vector Group Ltd. (a)		32,436		567,954
Zhongpin, Inc. (a)*		12,000		123,960

				13,784,367

Health Care Equipment & Services 5.9%
Abaxis, Inc. *		5,000		118,600
Accuray, Inc. *		18,762		129,458
Air Methods Corp. *		5,300		371,530
Align Technology, Inc. *		16,500		362,835
Alliance HealthCare Services, Inc. *		50,175		181,132
Almost Family, Inc. *		4,000		101,080
Amedisys, Inc. *		23,570		609,520
American Dental Partners, Inc. *		10,400		120,848
AMN Healthcare Services, Inc. *		67,245		541,995
AmSurg Corp. *		34,225		870,342
Analogic Corp.		4,265		229,414
AngioDynamics, Inc. *		15,300		211,599
ArthroCare Corp. *		8,100		267,705
Assisted Living Concepts, Inc., Class A		14,640		229,409
athenahealth, Inc. *		2,400		141,096
Atrion Corp.		600		119,460
Bio-Reference Laboratories, Inc. *		11,300		225,322
BioScrip, Inc. *		81,800		587,324
Cantel Medical Corp.		6,500		162,045
CardioNet, Inc. *		22,900		115,416
Catalyst Health Solutions, Inc. *		20,600		1,349,918
Chemed Corp.		9,995		607,796
Chindex International, Inc. *		5,700		65,151
Computer Programs & Systems, Inc.		2,700		198,180
CONMED Corp. *		24,095		626,470
Continucare Corp. *		15,300		96,696
CorVel Corp. *		3,301		152,341
Cross Country Healthcare, Inc. *		26,265		181,491
Emdeon, Inc., Class A *		13,600		210,800
Emeritus Corp. *		16,000		314,400
Ensign Group, Inc.		4,020		114,168
Exactech, Inc. *		5,600		95,704
Five Star Quality Care, Inc. *		57,400		284,130
Gen-Probe, Inc. *		12,715		769,893
Gentiva Health Services, Inc. *		27,025		486,180
Greatbatch, Inc. *		16,520		411,678
Haemonetics Corp. *		10,300		674,650
Hanger Orthopedic Group, Inc. *		15,200		319,352
HEALTHSOUTH Corp. *		45,200		1,102,880
Healthspring, Inc. *		25,900		1,062,936
Healthways, Inc. *		39,760		593,617
HMS Holdings Corp. *		3,400		257,040
ICU Medical, Inc. *		5,050		214,524
IDEXX Laboratories, Inc. *		12,800		1,061,632
Immucor, Inc. *		25,400		673,100
Integra LifeSciences Holdings *		7,920		356,954
Invacare Corp.		28,565		856,379
IPC The Hospitalist Co. *		4,600		208,058
Kensey Nash Corp. *		4,400		115,280
Landauer, Inc.		4,250		239,912
LCA-Vision, Inc. *		22,830		96,114
LHC Group, Inc. *		7,360		167,661
Masimo Corp.		10,600		294,468
MedAssets, Inc. *		19,700		249,599
MedCath Corp. *		21,580		283,130
Medical Action Industries, Inc. *		22,800		173,736
MedQuist, Inc.		8,700		117,450
Meridian Bioscience, Inc.		11,525		248,940
Merit Medical Systems, Inc. *		16,775		262,864
Metropolitan Health Networks, Inc. *		23,800		134,708
Molina Healthcare, Inc. *		41,257		934,471
MWI Veterinary Supply, Inc. *		7,200		641,232
National Healthcare Corp.		6,750		321,097
Natus Medical, Inc. *		14,600		168,338
Neogen Corp. *		3,800		157,168
NuVasive, Inc. *		5,400		154,548
Omnicell, Inc. *		16,200		277,182
Orthofix International N.V. *		11,760		496,625
PharMerica Corp. *		70,840		904,627
Providence Service Corp. *		13,000		154,050
PSS World Medical, Inc. *		37,470		896,657
Quality Systems, Inc.		3,830		349,909
Quidel Corp. *		11,900		178,024
RadNet, Inc. *		36,000		135,000
ResMed, Inc. *		31,840		964,434
RTI Biologics, Inc. *		56,800		186,872
Select Medical Holdings Corp. *		56,900		446,665
Sirona Dental Systems, Inc. *		13,090		662,092
Skilled Healthcare Group, Inc., Class A *		20,360		179,168
SonoSite, Inc. *		5,680		185,509
Sunrise Senior Living, Inc. *		73,400		647,388
SurModics, Inc. *		12,660		139,260
Symmetry Medical, Inc. *		26,870		258,758
Syneron Medical Ltd. *		11,300		136,956
Team Health Holdings, Inc. *		10,500		231,105
Thoratec Corp. *		14,200		478,398
Triple-S Management Corp., Class B *		21,500		463,755
U.S. Physical Therapy, Inc.		7,000		168,560
Volcano Corp. *		4,000		125,640
WellCare Health Plans, Inc. *		29,300		1,284,805
West Pharmaceutical Services, Inc.		19,240		844,059
Wright Medical Group, Inc. *		13,440		210,202
Zoll Medical Corp. *		7,725		538,123

				35,346,787

Household & Personal Products 0.7%
American Oriental Bioengineering, Inc. (a)*		149,000		178,800
Central Garden & Pet Co. *		26,600		237,804
Central Garden & Pet Co., Class A *		77,030		674,783
Elizabeth Arden, Inc. *		22,470		723,983
Inter Parfums, Inc.		6,550		131,262
Nu Skin Enterprises, Inc., Class A		27,110		1,017,709
Nutraceutical International Corp. *		6,400		94,720

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Prestige Brands Holdings, Inc. *		20,510		250,632
Revlon, Inc., Class A *		14,100		237,444
Schiff Nutrition International, Inc.		12,500		144,625
USANA Health Sciences, Inc. *		4,530		123,896
WD-40 Co.		8,615		377,337

				4,192,995

Insurance 2.2%
American Equity Investment Life Holding Co.		59,515		706,443
American National Insurance Co.		5,100		382,194
American Safety Insurance Holdings Ltd. *		10,400		195,000
AMERISAFE, Inc. *		16,700		359,217
AmTrust Financial Services, Inc.		13,280		308,362
Argo Group International Holdings Ltd.		23,359		686,755
Citizens, Inc. *		23,980		164,982
CNA Financial Corp.		21,200		583,848
eHealth, Inc. *		10,000		129,500
Employers Holdings, Inc.		27,800		413,108
Enstar Group Ltd. *		3,610		381,360
FBL Financial Group, Inc., Class A		16,400		516,272
Flagstone Reinsurance Holdings S.A.		52,500		467,775
FPIC Insurance Group, Inc. *		9,125		380,695
Global Indemnity plc *		10,670		222,256
Greenlight Capital Re Ltd., Class A *		13,000		321,880
Hallmark Financial Services, Inc. *		15,000		101,100
Harleysville Group, Inc.		11,935		360,676
Hilltop Holdings, Inc. *		27,670		242,113
Horace Mann Educators Corp.		47,790		695,822
Infinity Property & Casualty Corp.		12,265		621,468
Kansas City Life Insurance Co.		2,977		87,226
Maiden Holdings Ltd.		61,500		570,105
Meadowbrook Insurance Group, Inc.		35,300		331,820
National Financial Partners Corp. *		52,885		599,187
National Western Life Insurance Co., Class A		900		154,197
OneBeacon Insurance Group Ltd., Class A		21,100		268,814
Presidential Life Corp.		19,545		222,031
Safety Insurance Group, Inc.		13,805		560,483
Seabright Holdings, Inc.		31,500		286,335
State Auto Financial Corp.		10,230		169,613
Stewart Information Services Corp.		33,500		355,100
The Navigators Group, Inc. *		9,665		455,608
Tower Group, Inc.		23,900		546,354
United Fire & Casualty Co.		19,260		330,309
Universal Insurance Holdings, Inc.		28,800		122,976

				13,300,984

Materials 6.1%
A. M. Castle & Co. *		23,478		407,578
A. Schulman, Inc.		38,933		862,366
AEP Industries, Inc. *		4,740		128,359
Allied Nevada Gold Corp. *		3,600		137,160
AMCOL International Corp.		14,720		451,315
American Vanguard Corp.		14,000		191,240
Arch Chemicals, Inc.		22,490		1,059,729
Balchem Corp.		4,100		179,457
Boise, Inc.		87,800		608,454
Buckeye Technologies, Inc.		18,880		507,683
Calgon Carbon Corp. *		17,900		266,531
Century Aluminum Co. *		65,900		858,018
Clearwater Paper Corp. *		9,480		717,067
Coeur d’Alene Mines Corp. *		37,600		1,026,104
Compass Minerals International, Inc.		7,630		600,786
Deltic Timber Corp.		3,500		181,475
Eagle Materials, Inc.		25,570		635,414
Ferro Corp. *		67,030		872,731
General Steel Holdings, Inc. (a)*		104,500		153,615
Georgia Gulf Corp. *		35,324		707,893
Globe Specialty Metals, Inc.		13,600		313,888
Graham Packaging Co., Inc. *		28,000		709,800
Graphic Packaging Holding Co. *		100,900		499,455
H.B. Fuller Co.		43,180		987,095
Handy & Harman Ltd. *		12,600		178,290
Hawkins, Inc.		4,500		154,890
Haynes International, Inc.		5,976		374,337
Headwaters, Inc. *		134,980		309,104
Hecla Mining Co. *		60,345		468,881
Horsehead Holding Corp. *		26,300		293,771
Innophos Holdings, Inc.		9,850		474,770
Innospec, Inc. *		11,980		384,798
Intrepid Potash, Inc. *		11,300		375,725
Kaiser Aluminum Corp.		12,080		674,306
KapStone Paper & Packaging Corp. *		19,700		307,123
Koppers Holdings, Inc.		14,060		520,501
Kraton Performance Polymers, Inc. *		18,800		678,680
Landec Corp. *		25,400		156,972
LSB Industries, Inc. *		8,220		326,663
Materion Corp. *		11,360		433,043
Mercer International, Inc. *		29,100		268,884
Metals USA Holdings Corp. *		19,500		299,910
Minerals Technologies, Inc.		12,310		797,442
Myers Industries, Inc.		33,105		393,949
Neenah Paper, Inc.		17,665		356,656
NewMarket Corp.		6,495		1,065,310
Noranda Aluminum Holding Corp. *		10,300		142,964
Olympic Steel, Inc.		14,300		373,945
OM Group, Inc. *		32,635		1,183,998
Omnova Solutions, Inc. *		53,280		360,173
P.H. Glatfelter Co.		62,545		943,804
PolyOne Corp.		83,200		1,289,600
Qiao Xing Universal Resources, Inc. (a)*		82,700		103,375
Quaker Chemical Corp.		7,500		304,050
Royal Gold, Inc.		13,150		842,915
RTI International Metals, Inc. *		24,580		788,281
Schnitzer Steel Industries, Inc., Class A		16,710		848,701
Schweitzer-Mauduit International, Inc.		9,786		549,092
Spartech Corp. *		62,665		360,324
Stepan Co.		8,165		647,484
Stillwater Mining Co. *		22,070		337,671
STR Holdings, Inc. *		13,500		185,760
Terra Nova Royalty Corp.		45,100		350,878
Texas Industries, Inc. (a)		17,185		663,513
Titanium Metals Corp.		32,050		570,169

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
TPC Group, Inc. *		23,000		923,450
Universal Stainless & Alloy Products, Inc. *		5,900		263,671
Verso Paper Corp. *		30,600		76,806
Walter Energy, Inc.		7,675		940,725
Wausau Paper Corp.		72,110		532,172
Westlake Chemical Corp.		9,900		512,325
Yongye International, Inc. (a)*		16,100		76,314
Zep, Inc.		15,300		286,875
Zoltek Cos., Inc. (a)*		17,400		175,914

				36,992,167

Media 2.6%
AH Belo Corp., Class A		21,900		140,160
Arbitron, Inc.		7,560		295,747
Belo Corp., Class A *		111,900		782,181
Carmike Cinemas, Inc. *		25,975		161,305
Central European Media Enterprises Ltd., Class A *		50,200		959,824
Clear Channel Outdoor Holdings, Inc., Class A *		25,700		301,975
CTC Media, Inc.		12,100		254,826
DreamWorks Animation SKG, Inc., Class A *		32,700		714,822
Entercom Communications Corp., Class A *		33,300		264,402
Fisher Communications, Inc. *		6,300		184,716
Gray Television, Inc. *		51,200		124,416
Harte-Hanks, Inc.		47,135		385,093
Journal Communications, Inc., Class A *		44,715		221,786
Knology, Inc. *		19,700		270,481
Lee Enterprises, Inc. (a)*		94,750		87,170
Liberty Media Corp - Capital, Series A *		10,500		838,005
LIN TV Corp., Class A *		29,633		121,495
Lions Gate Entertainment Corp. *		83,700		594,270
LodgeNet Interactive Corp. *		92,550		261,917
Media General, Inc., Class A *		50,570		138,056
Meredith Corp.		21,900		653,715
Morningstar, Inc.		5,535		345,163
National CineMedia, Inc.		20,500		301,965
Radio One, Inc., Class D *		58,130		83,126
Scholastic Corp.		37,000		1,062,640
Scripps Networks Interactive, Class A		22,000		1,019,480
Sinclair Broadcast Group, Inc., Class A		19,119		189,469
Sirius XM Radio, Inc. *		204,900		432,339
The E.W. Scripps Co., Class A *		84,600		729,252
The Madison Square Garden, Inc., Class A *		32,200		853,300
The McClatchy Co., Class A (a)*		216,600		487,350
The Washington Post Co., Class B		2,231		897,531
Valassis Communications, Inc. *		35,485		950,998
World Wrestling Entertainment, Inc., Class A (a)		25,100		252,757

				15,361,732

Pharmaceuticals, Biotechnology & Life Sciences 2.4%
Affymetrix, Inc. *		71,590		404,483
Albany Molecular Research, Inc. *		30,700		146,746
Alexion Pharmaceuticals, Inc. *		7,600		431,680
Alkermes, Inc. *		23,400		403,416
Alnylam Pharmaceuticals, Inc. *		9,100		85,358
Amylin Pharmaceuticals, Inc. *		24,000		285,840
Bio-Rad Laboratories, Inc., Class A *		8,500		926,500
BioMarin Pharmaceuticals, Inc. *		8,200		256,086
Bruker Corp. *		13,385		230,490
Cambrex Corp. *		20,629		90,974
Cepheid, Inc. *		4,400		166,144
Cubist Pharmaceuticals, Inc. *		14,540		493,924
Dendreon Corp. *		7,000		258,300
Emergent Biosolutions, Inc. *		10,100		208,565
Enzon Pharmaceuticals, Inc. *		12,300		119,556
eResearch Technology, Inc. *		26,600		169,442
Human Genome Sciences, Inc. *		15,000		315,150
Illumina, Inc. *		10,060		628,247
Impax Laboratories, Inc. *		12,900		273,222
Isis Pharmaceuticals, Inc. *		17,200		148,608
Jiangbo Pharmaceuticals, Inc. (b)(c)*		15,700		48,670
K-V Pharmaceutical Co., Class A (a)*		34,164		67,986
Luminex Corp. *		7,700		156,695
Medicis Pharmaceutical Corp., Class A		17,625		655,297
Myriad Genetics, Inc. *		23,140		492,188
Obagi Medical Products, Inc. *		9,000		93,330
Onyx Pharmaceuticals, Inc. *		10,800		356,184
Par Pharmaceutical Cos., Inc. *		18,170		588,526
PAREXEL International Corp. *		32,620		669,689
PDL BioPharma, Inc.		184,450		1,141,745
Regeneron Pharmaceuticals, Inc. *		6,500		344,890
Salix Pharmaceuticals Ltd. *		7,195		279,022
Seattle Genetics, Inc. *		7,000		119,210
Techne Corp.		7,165		543,035
The Medicines Co. *		8,320		124,634
United Therapeutics Corp. *		5,820		333,952
Vertex Pharmaceuticals, Inc. *		13,400		694,924
ViroPharma, Inc. *		33,660		608,573
VIVUS, Inc. *		13,300		109,193
Warner Chilcott plc, Class A		36,000		756,720

				14,227,194

Real Estate 6.5%
Acadia Realty Trust		23,274		488,521
Agree Realty Corp.		6,300		143,073
Alexander’s, Inc.		320		128,320
Altisource Portfolio Solutions S.A. *		6,000		203,040
American Assets Trust, Inc.		4,900		107,751
American Campus Communities, Inc.		22,460		835,961
American Capital Agency Corp.		14,200		396,464
Anworth Mortgage Asset Corp.		130,855		906,825
Arbor Realty Trust, Inc. *		15,300		64,872
Ashford Hospitality Trust		105,785		1,153,056
Associated Estates Realty Corp.		10,900		197,835
Avatar Holdings, Inc. *		11,645		178,169
CapLease, Inc.		51,200		227,840
Capstead Mortgage Corp.		76,450		966,328

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Cedar Shopping Centers, Inc.		79,945		396,527
Cogdell Spencer, Inc.		39,200		233,632
Colony Financial, Inc.		4,600		81,006
Cousins Properties, Inc.		101,583		864,471
CreXus Investment Corp.		7,500		78,825
Cypress Sharpridge Investments, Inc. (a)		31,000		381,610
DiamondRock Hospitality Co.		94,587		966,679
DuPont Fabros Technology, Inc.		13,400		341,566
Dynex Capital, Inc.		9,600		87,360
EastGroup Properties, Inc.		14,950		665,574
Education Realty Trust, Inc.		45,500		399,490
Equity Lifestyle Properties, Inc.		9,070		591,001
Equity One, Inc.		32,800		636,320
Extra Space Storage, Inc.		45,265		962,334
FelCor Lodging Trust, Inc. *		100,850		518,369
First Industrial Realty Trust, Inc. *		102,900		1,219,365
First Potomac Realty Trust		28,000		437,360
Forestar Group, Inc. *		19,860		323,718
Franklin Street Properties Corp.		48,520		611,837
Getty Realty Corp.		10,960		254,272
Gladstone Commercial Corp.		7,600		132,088
Glimcher Realty Trust		75,225		740,966
Government Properties Income Trust		6,800		168,164
Gramercy Capital Corp. *		117,600		322,224
Grubb & Ellis Co. (a)*		96,000		61,046
Healthcare Realty Trust, Inc.		47,200		925,120
Hersha Hospitality Trust		59,940		314,086
HomeBanc Corp. (b)(c)*		6,875		—
Howard Hughes Corp. *		14,800		894,808
Inland Real Estate Corp.		80,930		713,803
Invesco Mortgage Capital, Inc.		6,500		127,270
Investors Real Estate Trust		64,225		522,149
Kite Realty Group Trust		73,580		334,053
LaSalle Hotel Properties		39,640		991,396
LTC Properties, Inc.		11,230		304,895
Medical Properties Trust, Inc.		57,000		670,320
Mid-America Apartment Communities, Inc.		14,945		1,057,957
Mission West Properties, Inc.		23,800		192,780
Monmouth Real Estate Investment Corp., Class A		22,600		186,224
MPG Office Trust, Inc. *		119,420		395,280
National Health Investors, Inc.		10,235		465,590
New York Mortgage Trust, Inc.		14,100		96,021
Newcastle Investment Corp.		122,900		738,629
NorthStar Realty Finance Corp.		165,432		641,876
OMEGA Healthcare Investors, Inc.		34,590		679,348
One Liberty Properties, Inc.		15,203		235,038
Parkway Properties, Inc.		32,720		576,854
Post Properties, Inc.		29,020		1,230,448
PS Business Parks, Inc.		8,650		491,407
RAIT Financial Trust (a)		100,920		561,115
Ramco-Gershenson Properties Trust		34,570		424,174
Resource Capital Corp.		56,900		324,330
Sabra Health Care REIT, Inc.		42,533		612,901
Saul Centers, Inc.		6,605		260,567
Sovran Self Storage, Inc.		20,870		846,279
Strategic Hotel & Resorts, Inc. *		102,355		696,014
Sun Communities, Inc.		14,155		541,712
Tanger Factory Outlet Centers, Inc.		26,580		729,621
Taubman Centers, Inc.		15,195		910,180
The St. Joe Co. (a)*		28,270		500,662
U-Store-It Trust		76,975		819,784
Universal Health Realty Income Trust		3,900		160,719
Urstadt Biddle Properties, Class A		14,795		262,463
Walter Investment Management Corp.		32,500		786,175
Winthrop Realty Trust		13,500		149,310

				38,845,217

Retailing 4.8%
1-800-FLOWERS.COM, Inc., Class A *		54,947		165,390
99 Cents Only Stores *		33,440		660,440
America’s Car-Mart, Inc. *		7,100		240,264
Audiovox Corp., Class A *		31,420		225,910
bebe stores, Inc.		44,590		330,412
Big 5 Sporting Goods Corp.		19,240		158,730
Blue Nile, Inc. *		1,700		72,012
Brown Shoe Co., Inc.		59,242		598,344
Build-A-Bear Workshop, Inc. *		37,050		229,340
Casual Male Retail Group, Inc. *		53,800		226,498
Christopher & Banks Corp.		51,840		326,592
Citi Trends, Inc. *		9,500		133,285
Coldwater Creek, Inc. *		131,060		165,136
Conn’s, Inc. *		78,989		650,079
Cost Plus, Inc. *		34,800		309,372
Destination Maternity Corp.		4,700		77,174
Dollar General Corp. *		35,200		1,107,392
DSW, Inc., Class A *		24,368		1,291,017
Express, Inc.		9,000		201,960
Fred’s, Inc., Class A		47,570		626,973
Genesco, Inc. *		25,900		1,341,620
Guess?, Inc.		12,055		459,537
hhgregg, Inc. (a)*		16,600		204,678
Hibbett Sports, Inc. *		11,785		462,443
Hot Topic, Inc.		97,500		728,325
Jos. A. Bank Clothiers, Inc. *		12,085		620,081
Kirkland’s, Inc. *		9,622		103,821
Lithia Motors, Inc., Class A		50,935		1,051,298
Lumber Liquidators Holdings, Inc. *		7,900		124,109
MarineMax, Inc. *		35,500		326,245
Midas, Inc. *		13,600		74,256
Monro Muffler Brake, Inc.		9,440		337,574
New York & Co, Inc. *		32,100		175,266
Nutrisystem, Inc.		28,030		418,768
Orbitz Worldwide, Inc. *		66,300		216,138
Overstock.com, Inc. *		9,760		123,854
Pacific Sunwear of California, Inc. *		161,330		450,111
PetMed Express, Inc. (a)		6,500		71,305
Pier 1 Imports, Inc. *		52,885		581,206
Pool Corp.		36,780		983,865
Rue21, Inc. *		4,700		154,489
Sally Beauty Holdings, Inc. *		57,265		984,958
Select Comfort Corp. *		28,470		478,865
Shoe Carnival, Inc. *		10,700		338,013
Shutterfly, Inc. *		4,700		255,680
Stage Stores, Inc.		43,955		782,399
Stein Mart, Inc.		55,715		529,293
Systemax, Inc. *		21,445		349,339

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
The Bon-Ton Stores, Inc. (a)		39,511		401,037
The Buckle, Inc.		14,722		652,332
The Cato Corp., Class A		21,895		609,119
The Children’s Place Retail Stores, Inc. *		25,160		1,215,731
The Finish Line, Inc., Class A		37,152		791,338
The Pep Boys - Manny, Moe & Jack		68,215		733,311
The Talbots, Inc. (a)*		120,680		417,553
TravelCenters of America L.L.C. *		33,100		173,775
Tuesday Morning Corp. *		65,730		282,639
Ulta Salon, Cosmetics & Fragrance, Inc. *		10,200		642,906
ValueVision Media, Inc., Class A *		26,920		201,631
Vitamin Shoppe, Inc. *		10,600		461,736
West Marine, Inc. *		26,080		267,320
Wet Seal, Inc., Class A *		88,660		433,547
Zale Corp. *		196,000		1,099,560
Zumiez, Inc. *		8,780		233,285

				29,140,676

Semiconductors & Semiconductor Equipment 3.3%
Advanced Energy Industries, Inc. *		19,720		209,229
Alpha & Omega Semiconductor Ltd. *		11,100		124,764
ANADIGICS, Inc. *		25,000		78,500
Applied Micro Circuits Corp. *		19,440		122,666
ATMI, Inc. *		21,215		395,660
Axcelis Technologies, Inc. *		71,760		119,122
Brooks Automation, Inc. *		31,790		302,323
Cabot Microelectronics Corp. *		9,630		372,585
Canadian Solar, Inc. (a)*		17,700		155,229
CEVA, Inc. *		4,200		126,924
Cirrus Logic, Inc. *		8,235		125,007
Cohu, Inc.		14,610		182,917
Cymer, Inc. *		11,120		489,614
Cypress Semiconductor Corp. *		36,005		740,983
Diodes, Inc. *		13,297		313,144
DSP Group, Inc. *		28,440		215,860
Energy Conversion Devices, Inc. (a)*		59,330		62,297
Entegris, Inc. *		49,245		422,030
Evergreen Solar, Inc. (a)*		99,200		31,744
Exar Corp. *		24,115		159,400
Fairchild Semiconductor International, Inc. *		65,500		983,155
FormFactor, Inc. *		38,565		354,412
GT Solar International, Inc. *		32,100		437,844
Hittite Microwave Corp. *		3,255		182,247
Integrated Device Technology, Inc. *		88,380		604,519
Integrated Silicon Solutions, Inc. *		16,200		144,018
International Rectifier Corp. *		32,500		834,925
IXYS Corp. *		9,700		132,308
Kopin Corp. *		25,900		111,370
Kulicke & Soffa Industries, Inc. *		38,680		355,856
Lattice Semiconductor Corp. *		38,000		235,600
LTX-Credence Corp. *		16,400		117,916
Mattson Technology, Inc. *		58,100		101,094
Micrel, Inc.		15,950		161,893
Microsemi Corp. *		28,945		574,558
MKS Instruments, Inc.		21,850		545,157
Monolithic Power Systems *		12,900		174,021
Netlogic Microsystems, Inc. *		5,990		206,955
NXP Semiconductor N.V. *		7,900		156,262
OmniVision Technologies, Inc. *		16,880		493,571
Pericom Semiconductor Corp. *		16,800		137,424
Photronics, Inc. *		60,925		455,719
PMC-Sierra, Inc. *		108,225		756,493
Power Integrations, Inc.		4,860		172,481
Rambus, Inc. *		12,900		179,052
RF Micro Devices, Inc. *		96,445		651,004
Rudolph Technologies, Inc. *		10,300		88,477
Semtech Corp. *		16,205		377,576
Sigma Designs, Inc. *		18,950		162,023
Silicon Image, Inc. *		25,360		145,313
Silicon Laboratories, Inc. *		8,790		311,254
Standard Microsystems Corp. *		13,890		328,637
SunPower Corp., Class A (a)*		39,700		779,311
SunPower Corp., Class B *		27,069		410,366
Supertex, Inc. *		6,300		122,094
Tessera Technologies, Inc. *		34,590		543,409
TriQuint Semiconductor, Inc. *		35,360		265,907
Ultra Clean Holdings, Inc. *		10,800		74,952
Ultratech, Inc. *		7,200		189,720
Varian Semiconductor Equipment Associates, Inc. *		18,312		1,112,271
Veeco Instruments, Inc. (a)*		8,360		332,644
Volterra Semiconductor Corp. *		4,700		121,119
Zoran Corp. *		35,235		292,451

				19,667,376

Software & Services 7.4%
ACI Worldwide, Inc. *		10,900		394,144
Actuate Corp. *		22,200		134,754
Acxiom Corp. *		63,415		871,322
Advent Software, Inc. *		7,720		179,336
American Software, Inc., Class A		17,400		148,944
Ancestry.com, Inc. *		6,700		238,587
ANSYS, Inc. *		19,000		961,400
Ariba, Inc. *		11,045		365,258
AsiaInfo-Linkage, Inc. (a)*		20,200		308,656
Blackbaud, Inc.		11,100		281,940
Blackboard, Inc. *		6,720		292,723
Bottomline Technologies, Inc. *		6,900		160,701
Cadence Design Systems, Inc. *		90,000		929,700
Cardtronics, Inc. *		12,400		284,952
Cass Information Systems, Inc.		3,100		116,374
CDC Corp., Class A *		70,063		133,120
CIBER, Inc. *		148,170		743,813
CommVault Systems, Inc. *		4,800		185,856
Computer Task Group, Inc. *		9,400		121,166
Concur Technologies, Inc. *		9,100		413,504
CSG Systems International, Inc. *		22,745		403,951
DealerTrack Holdings, Inc. *		12,895		299,035
Digital River, Inc. *		18,450		470,475
EarthLink, Inc.		112,875		907,515
Ebix, Inc. (a)*		3,800		74,822
EPIQ Systems, Inc.		22,170		286,436
ePlus, Inc. *		3,600		95,508
Equinix, Inc. *		12,307		1,285,712
Euronet Worldwide, Inc. *		38,995		669,154
FactSet Research Systems, Inc.		6,165		567,735
Fair Isaac Corp.		22,005		654,649
FleetCor Technologies, Inc. *		3,000		88,920

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Forrester Research, Inc.		5,525		174,590
Fortinet, Inc. *		8,000		162,560
Gartner, Inc. *		13,200		487,212
Genpact Ltd. *		64,250		1,060,125
GigaMedia Ltd. *		115,000		138,000
Global Cash Access Holdings, Inc. *		90,335		253,841
Global Payments, Inc.		23,370		1,107,972
Heartland Payment Systems, Inc.		26,865		565,240
iGATE Corp.		5,900		88,441
Informatica Corp. *		13,955		713,519
InfoSpace, Inc. *		25,900		246,827
Internap Network Services Corp. *		27,200		169,184
j2 Global Communications, Inc. *		14,985		400,699
Jack Henry & Associates, Inc.		32,080		928,716
JDA Software Group, Inc. *		13,785		385,429
Kenexa Corp. *		6,500		166,205
Lionbridge Technologies, Inc. *		47,600		154,700
Liquidity Services, Inc. *		7,700		186,186
Manhattan Associates, Inc. *		8,095		301,944
ManTech International Corp., Class A		15,700		640,560
MAXIMUS, Inc.		12,890		497,941
Mentor Graphics Corp. *		43,520		497,434
MercadoLibre, Inc.		1,500		119,130
MICROS Systems, Inc. *		20,140		986,256
MicroStrategy, Inc., Class A *		2,128		339,139
ModusLink Global Solutions, Inc.		57,475		240,820
MoneyGram International, Inc. *		94,400		317,184
Monotype Imaging Holdings, Inc. *		8,900		121,930
Move, Inc. *		60,300		123,615
NCI, Inc., Class A *		5,400		115,992
Ness Technologies, Inc. *		47,200		362,024
Net 1 UEPS Technologies, Inc. *		40,260		317,651
NetScout Systems, Inc. *		10,500		160,125
NeuStar, Inc., Class A *		19,975		520,149
NIC, Inc.		9,800		125,146
Online Resources Corp *		22,100		78,676
Openwave Systems, Inc. *		114,435		257,479
Parametric Technology Corp. *		38,640		803,326
Perficient, Inc. *		13,700		137,137
PRGX Global, Inc. *		23,400		152,568
Progress Software Corp. *		22,425		540,442
Quest Software, Inc. *		22,580		428,568
QuinStreet, Inc. *		9,900		123,651
Rackspace Hosting, Inc. *		12,920		516,800
Radiant Systems, Inc. *		12,400		349,556
RealNetworks, Inc. *		62,545		211,402
Red Hat, Inc. *		17,000		715,360
Rosetta Stone, Inc. (a)*		8,200		113,160
Rovi Corp. *		18,669		988,897
S1 Corp. *		32,500		305,500
Salesforce.com, Inc. *		5,335		772,028
Sapient Corp. *		25,780		358,858
SINA Corp. *		9,780		1,057,120
Smith Micro Software, Inc. *		13,800		49,128
Sohu.com, Inc. *		7,100		639,710
Solera Holdings, Inc.		10,460		584,505
SS&C Technologies Holdings, Inc. *		5,700		105,564
Synchronoss Technologies, Inc. *		2,700		78,975
Syntel, Inc.		4,855		266,879
Take-Two Interactive Software, Inc. *		53,755		725,155
Taleo Corp., Class A *		6,600		218,460
TeleCommunication Systems, Inc., Class A *		37,000		187,960
TeleTech Holdings, Inc. *		27,910		552,339
Telvent GIT, S.A. *		7,000		279,160
THQ, Inc. *		134,810		359,269
TIBCO Software, Inc. *		34,130		888,745
TiVo, Inc. *		15,900		149,460
TNS, Inc. *		22,695		383,546
Tyler Technologies, Inc. *		8,980		228,900
United Online, Inc.		111,927		668,204
ValueClick, Inc. *		35,880		647,993
VeriFone Systems, Inc. *		9,000		354,330
Verint Systems, Inc. *		4,600		156,492
Virtusa Corp. *		6,900		135,654
VistaPrint N.V. *		6,220		166,074
VMware, Inc., Class A *		8,500		852,890
WebMD Health Corp. *		6,484		228,561
Websense, Inc. *		9,990		226,573
Wright Express Corp. *		20,400		1,003,680
XO Group, Inc. *		16,100		150,535

				44,445,917

Technology Hardware & Equipment 5.9%
Acme Packet, Inc. *		1,600		94,272
ADTRAN, Inc.		15,345		507,766
Aeroflex Holding Corp. *		6,900		98,670
Agilysys, Inc. *		47,922		458,614
Anaren, Inc. *		7,800		156,078
Arris Group, Inc. *		75,605		907,260
Aviat Networks, Inc. *		54,860		212,308
Avid Technology, Inc. *		24,025		314,487
AVX Corp.		36,600		509,472
Bel Fuse, Inc., Class B		8,200		155,964
Black Box Corp.		16,040		456,980
Blue Coat Systems, Inc. *		11,600		233,740
Checkpoint Systems, Inc. *		29,280		459,696
China Security & Surveillance Technology, Inc. (a)*		62,800		366,124
Ciena Corp. *		12,460		192,632
Cognex Corp.		14,265		484,297
Cogo Group, Inc. *		18,900		89,019
Coherent, Inc. *		8,840		424,585
Comtech Telecommunications Corp.		28,070		756,487
Cray, Inc. *		18,200		109,928
CTS Corp.		30,995		304,681
Daktronics, Inc.		23,265		231,021
DG Fastchannel, Inc. *		8,100		228,906
Digi International, Inc. *		18,600		265,794
Dolby Laboratories, Inc., Class A *		13,900		588,804
Dot Hill Systems Corp. *		31,100		70,286
DTS, Inc. *		2,600		90,272
EchoStar Corp., Class A *		27,800		930,188
Electro Rent Corp.		11,005		177,841
Electro Scientific Industries, Inc. *		15,735		302,269
Electronics for Imaging, Inc. *		34,202		588,616
EMCORE Corp. (a)*		38,600		101,132
EMS Technologies, Inc. *		12,500		411,000
Emulex Corp. *		51,865		438,259
Extreme Networks, Inc. *		43,765		148,363
F5 Networks, Inc. *		8,740		817,015
FARO Technologies, Inc. *		4,600		187,496

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
FEI Co. *		15,420		509,477
Finisar Corp. *		8,330		141,943
Gerber Scientific, Inc. *		19,700		217,094
Globecomm Systems, Inc. *		13,800		192,648
Harmonic, Inc. *		33,000		179,190
Hutchinson Technology, Inc. *		91,300		285,769
Hypercom Corp. *		14,500		117,595
Imation Corp. *		50,485		420,035
Infinera Corp. *		35,700		229,551
InterDigital, Inc.		9,500		648,375
Intermec, Inc. *		37,735		406,783
Intevac, Inc. *		12,100		110,110
JDS Uniphase Corp. *		41,400		544,410
KEMET Corp. *		32,400		395,280
Key Tronic Corp. *		20,900		93,005
Littelfuse, Inc.		8,845		451,891
LoJack Corp. *		21,100		84,611
Loral Space & Communications, Inc. *		3,450		225,216
Measurement Specialties, Inc. *		6,000		195,960
Mercury Computer Systems, Inc. *		7,900		132,641
Methode Electronics, Inc.		28,430		300,789
Mitel Networks Corp. *		17,000		75,650
MTS Systems Corp.		6,580		259,318
Multi-Fineline Electronix, Inc. *		7,120		144,607
Nam Tai Electronics, Inc.		27,540		161,109
National Instruments Corp.		24,142		623,829
NETGEAR, Inc. *		12,150		399,857
Newport Corp. *		19,130		297,280
Novatel Wireless, Inc. *		37,700		193,401
Oclaro, Inc. *		10,900		51,230
Oplink Communications, Inc. *		5,800		97,904
Opnext, Inc. *		35,000		66,150
Orbotech Ltd. *		22,800		256,044
OSI Systems, Inc. *		9,890		408,358
Park Electrochemical Corp.		12,610		329,878
PC Connection, Inc. *		12,000		93,840
PC Mall, Inc. *		19,300		152,470
Plantronics, Inc.		19,410		664,793
Plexus Corp. *		34,180		1,008,652
Polycom, Inc. *		41,940		1,133,638
Power-One, Inc. (a)*		22,900		165,109
Powerwave Technologies, Inc. *		73,120		158,670
Pulse Electronics Corp.		78,110		326,500
Qiao Xing Mobile Communication Co., Ltd. *		31,400		61,230
QLogic Corp. *		48,580		736,959
Quantum Corp. *		151,400		398,182
RadiSys Corp. *		21,200		168,328
RADWARE Ltd. *		2,600		86,190
Richardson Electronics Ltd.		12,500		185,375
Rimage Corp.		7,700		114,114
Riverbed Technology, Inc. *		9,400		269,122
Rofin-Sinar Technologies, Inc. *		11,910		373,736
Rogers Corp. *		5,120		248,218
ScanSource, Inc. *		27,840		1,028,688
SeaChange International, Inc. *		14,900		142,444
Silicon Graphics International Corp. *		10,060		143,556
Smart Modular Technologies (WWH), Inc. *		49,600		446,400
Sonus Networks, Inc. *		90,270		267,199
STEC, Inc. *		12,000		122,040
Stratasys, Inc. *		2,800		71,400
Super Micro Computer, Inc. *		15,800		222,622
Sycamore Networks, Inc.		11,600		228,520
Symmetricom, Inc. *		32,900		186,543
Synaptics, Inc. *		11,305		277,764
SYNNEX Corp. *		27,200		770,304
Tekelec *		67,135		527,010
TTM Technologies, Inc. *		18,800		260,380
UTStarcom Holdings Corp. *		200,900		275,233
ViaSat, Inc. *		17,015		764,484
Westell Technologies, Inc., Class A *		30,033		85,594
Xyratex Ltd. *		47,725		454,819
Zebra Technologies Corp., Class A *		24,820		992,800
Zygo Corp. *		7,000		84,000

				35,814,236

Telecommunication Services 1.3%
AboveNet, Inc.		8,000		487,120
Alaska Communication Systems Group, Inc. (a)		61,040		441,319
Atlantic Tele-Network, Inc.		6,300		237,951
Cbeyond, Inc. *		13,960		156,771
Cogent Communications Group, Inc. *		9,200		138,644
Consolidated Communications Holdings, Inc.		25,000		450,500
FiberTower Corp. (a)*		56,500		63,280
General Communication, Inc., Class A *		33,160		376,366
Global Crossing Ltd. *		30,985		1,066,813
IDT Corp., Class B		16,800		405,384
Iridium Communications, Inc. *		24,700		210,691
Neutral Tandem, Inc. *		11,800		180,894
NTELOS Holdings Corp.		22,640		439,669
PAETEC Holding Corp. *		133,700		590,954
Premiere Global Services, Inc. *		65,400		553,284
SBA Communications Corp., Class A *		20,505		782,676
Shenandoah Telecommunications Co.		10,700		169,702
SureWest Communications		12,470		163,606
USA Mobility, Inc.		44,705		738,080
Vonage Holdings Corp. *		35,300		141,553

				7,795,257

Transportation 2.9%
Aegean Marine Petroleum Network, Inc.		53,000		285,670
Air Transport Services Group, Inc. *		85,030		423,449
Allegiant Travel Co. *		6,680		287,440
Arkansas Best Corp.		39,040		939,302
Celadon Group, Inc. *		21,480		293,846
Copa Holdings S.A., Class A		13,300		872,613
Costamare, Inc.		9,300		153,264
Covenant Transport Group, Inc., Class A *		14,600		85,702
Diana Shipping, Inc. *		63,035		617,743
Eagle Bulk Shipping, Inc. (a)*		166,960		394,026
Excel Maritime Carriers Ltd. (a)*		131,124		338,300
Forward Air Corp.		11,325		352,887

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Genco Shipping & Trading Ltd. (a)*		82,945		519,236
Genesee & Wyoming, Inc., Class A *		12,765		702,586
Hawaiian Holdings, Inc. *		75,840		356,448
Heartland Express, Inc.		45,065		690,396
Horizon Lines, Inc., Class A (a)		87,350		91,718
Hub Group, Inc., Class A *		25,510		905,095
International Shipholding Corp.		8,400		172,956
Knight Transportation, Inc.		27,225		428,522
Landstar System, Inc.		22,770		1,021,234
Macquarie Infrastructure Co. L.L.C.		44,200		1,151,852
Marten Transport Ltd.		11,800		242,726
Navios Maritime Holdings, Inc.		111,000		478,410
OceanFreight, Inc., Class A *		4,996		84,233
Old Dominion Freight Line, Inc. *		34,450		1,276,372
Pacer International, Inc. *		96,960		517,766
Paragon Shipping, Inc., Class A (a)		105,300		180,063
Park-Ohio Holdings Corp. *		14,200		269,942
Pinnacle Airlines Corp. *		24,000		95,760
Quality Distribution, Inc. *		15,400		177,100
RailAmerica, Inc. *		16,900		251,472
Safe Bulkers, Inc. (a)		19,300		138,574
Saia, Inc. *		23,500		354,145
Seaspan Corp.		65,100		904,890
Star Bulk Carriers Corp. (a)		65,400		102,024
Swift Transporation Co. *		44,600		505,764
TBS International plc, Class A (a)*		28,000		45,920
Ultrapetrol Bahamas Ltd. (a)*		20,700		96,255
US Airways Group, Inc. *		132,800		828,672

				17,634,373

Utilities 1.9%
American States Water Co.		13,815		472,335
California Water Service Group		32,680		598,371
Central Vermont Public Service Corp.		13,745		482,312
CH Energy Group, Inc.		14,605		745,877
Chesapeake Utilities Corp.		6,150		237,452
Connecticut Water Service, Inc.		5,600		141,848
Consolidated Water Co., Ltd.		9,700		87,494
El Paso Electric Co.		36,690		1,227,281
MGE Energy, Inc.		18,300		751,764
Middlesex Water Co.		10,000		182,900
Northwest Natural Gas Co.		23,805		1,061,941
Ormat Technologies, Inc.		9,600		200,256
Otter Tail Corp.		45,080		936,762
SJW Corp.		9,720		228,614
South Jersey Industries, Inc.		16,140		815,070
The Empire District Electric Co.		40,810		832,932
The Laclede Group, Inc.		25,040		932,740
The York Water Co.		6,200		105,648
UIL Holdings Corp.		34,925		1,115,155
Unitil Corp.		11,700		298,935

				11,455,687

Total Common Stock
(Cost $501,505,369)				596,592,256




Rights 0.0% of net assets

Energy 0.0%
Oilsands Quest, Inc. (c)*		269,198		11,575

Total Rights
(Cost $—)				11,575




Other Investment Company 0.8% of net assets

Money Fund 0.8%
State Street Institutional Liquid Reserves Fund - Institutional Class		4,746,859		4,746,859

Total Other Investment Company
(Cost $4,746,859)				4,746,859



End of Investments.



Collateral Invested for Securities on Loan 2.3% of net assets


State Street Navigator Security Lending Prime Portfolio		13,784,699		13,784,699

Total Collateral Invested for Securities on Loan
(Cost $13,784,699)				13,784,699



End of Collateral Invested for Securities on Loan

At 07/31/11 tax basis cost of the fund’s investments was $510,561,777 and the unrealized appreciation and depreciation were $125,263,707 and ($34,474,794), respectively, with a net unrealized appreciation of $90,788,913.


*		Non-income producing security.
(a)		All or a portion of this security is on loan.
(b)		Fair-valued by management in accordance with procedures approved by the Board of Trustees.
(c)		Illiquid security. At the period end, the value of these amounted to $207,641 or 0.0% of net assets.


REIT —		Real Estate Investment Trust

In addition to the above, the fund held the following at 07/31/11.

Contract

Unrealized

Number of

Value

Losses

Contracts

($)

Futures Contract

Russell 2000 Index, mini, Long, expires 09/16/11

5,170,750

(170,574

)

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Assets Valuation Input


	Quoted Prices in					Significant
	Active Markets for			Significant Other		Unobservable
	Identical Assets			Observable Inputs		Inputs
Description	(Level 1)			(Level 2)		(Level 3)		Total

Common Stock(a)		$512,902,411			$—		$—		$512,902,411
Automobiles & Components		5,867,616			—		104,606		5,972,222
Capital Goods		63,447,639			—		42,790		63,490,429
Pharmaceuticals, Biotechnology & Life Sciences		14,178,524			—		48,670		14,227,194
Rights(a)		11,575			—		—		11,575
Other Investment Company(a)		4,746,859			—		—		4,746,859

Total		$601,154,624			$—		$196,066		$601,350,690

Other Financial Instruments
Collateral Invested for Securities on Loan		$13,784,699			$—		$—		$13,784,699


Liabilities Valuation Input


Other Financial Instruments
Futures Contracts*		($170,574	)		$—		$—		($170,574	)


*		Futures Contracts are not included in Investments and are valued at unrealized appreciation or depreciation.
(a)		As categorized in Portfolio Holdings.

Schwab Fundamental US Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued

The following is a reconciliation of Level 3 Investments for which significant unobservable inputs were used to determine fair value:


	Balance						Change in									Balance
	as of		Accrued		Realized		Unrealized			Net		Gross		Gross		as of
	October 31,		Discounts		Gain		Gains			Purchases		Transfers		Transfers		July 31,
Investments in Securities	2010		(Premiums)		(Loss)		(Losses)			(Sales)		in		out		2011

Common Stock		$—		$—		$—		($214,035	)		$341,657		$68,444		$—		$196,066
Rights		1,287,876		—		—		(1,287,876	)		—		—		—		—

Total		$1,287,876		$—		$—		($1,501,911	)		$341,657		$68,444		$—		$196,066

REG46847JUL11

Schwab Capital Trust
Schwab Fundamental International Large Company Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	98	.2%	Common Stock		336,957,131		366,224,368
	0	.5%	Preferred Stock		1,230,024		1,789,417
	0	.0%	Rights		34,440		138
	0	.0%	Warrants		—		1,407
	0	.8%	Other Investment Company		3,105,513		3,225,750
	0	.2%	Short-Term Investment		830,567		830,567


	99	.7%	Total Investments		342,157,675		372,071,647
	0	.2%	Collateral Invested for Securities on Loan		782,301		782,301
	0	.1%	Other Assets and Liabilities, Net				162,972


	100	.0%	Total Net Assets				373,016,920


	Number		Value
Security	of Shares		($)

Common Stock 98.2% of net assets

Australia 5.0%


Banks 1.7%
Australia & New Zealand Banking Group Ltd. *		59,741		1,365,513
Bank of Queensland Ltd.		6,320		55,898
Bendigo & Adelaide Bank Ltd.		9,146		88,744
Commonwealth Bank of Australia		32,460		1,755,281
National Australia Bank Ltd.		66,083		1,739,911
Westpac Banking Corp.		65,764		1,472,457

				6,477,804


Capital Goods 0.0%
CSR Ltd.		22,388		64,612
Leighton Holdings Ltd.		3,627		84,254

				148,866


Commercial & Professional Supplies 0.1%
Brambles Ltd.		29,574		224,536


Consumer Services 0.1%
Echo Entertainment Group Ltd. *		25,836		113,818
TABCORP Holdings Ltd.		25,836		91,254
Tatts Group Ltd.		47,607		121,379

				326,451


Diversified Financials 0.1%
ASX Ltd.		2,021		66,288
BGP Holdings plc (a)(b)		453,854		—
Macquarie Group Ltd.		10,520		318,657

				384,945


Energy 0.3%
Caltex Australia Ltd.		6,202		72,532
Oil Search Ltd.		9,546		71,625
Origin Energy Ltd.		14,846		239,230
Santos Ltd.		14,096		199,435
Woodside Petroleum Ltd.		6,915		291,378
WorleyParsons Ltd.		3,150		95,181

				969,381


Food & Staples Retailing 0.5%
Metcash Ltd.		28,906		131,998
Wesfarmers Ltd.		21,539		692,715
Wesfarmers Ltd., Price Protected Shares		3,047		99,319
Woolworths Ltd.		27,358		809,397

				1,733,429


Food, Beverage & Tobacco 0.1%
Coca-Cola Amatil Ltd.		8,311		103,232
Foster’s Group Ltd.		36,427		202,095
Goodman Fielder Ltd.		58,475		57,680
Treasury Wine Estates *		19,414		73,369

				436,376


Health Care Equipment & Services 0.0%
Sonic Healthcare Ltd.		7,143		95,385


Insurance 0.4%
AMP Ltd.		63,381		316,998
Insurance Australia Group Ltd.		65,997		237,333
QBE Insurance Group Ltd.		26,804		482,382
Suncorp Group Ltd.		50,438		410,417

				1,447,130


Materials 0.9%
Amcor Ltd.		32,331		249,553
BHP Billiton Ltd.		42,315		1,934,876
BlueScope Steel Ltd.		97,434		121,604
Boral Ltd.		19,269		88,217
Incitec Pivot Ltd.		25,024		108,404
Newcrest Mining Ltd.		2,836		123,670
OneSteel Ltd.		46,726		90,441
Orica Ltd.		7,311		206,027
Rio Tinto Ltd.		4,073		356,845
Sims Metal Management Ltd.		5,945		109,735

				3,389,372


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
CSL Ltd.		4,771		160,838


Real Estate 0.4%
CFS Retail Property Trust		35,549		67,531
Dexus Property Group		136,913		130,043
Goodman Group		126,234		94,199
GPT Group		42,550		140,702
Lend Lease Corp., Ltd.		16,280		158,338
Mirvac Group		97,415		122,890
Stockland		71,276		238,704
Westfield Group		64,300		561,787

				1,514,194

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Software & Services 0.0%
Computershare Ltd.		6,635		59,686


Telecommunication Services 0.2%
Telstra Corp., Ltd.		188,331		617,775


Transportation 0.1%
Asciano Ltd.		42,876		78,419
MAP Group		26,805		95,919
Qantas Airways Ltd. *		59,652		120,898
Toll Holdings Ltd.		19,133		95,046
Transurban Group		15,306		85,692

				475,974


Utilities 0.0%
AGL Energy Ltd.		7,532		117,320

				18,579,462

Austria 0.4%


Banks 0.1%
Erste Group Bank AG		8,678		414,898
Raiffeisen Bank International		1,412		70,597

				485,495


Capital Goods 0.0%
Wienerberger AG		5,067		81,155


Energy 0.1%
OMV AG		7,760		309,331


Insurance 0.0%
Vienna Insurance Group AG		1,145		60,864


Materials 0.1%
Voestalpine AG		7,032		364,036


Real Estate 0.0%
Immofinanz AG *		35,824		138,147


Telecommunication Services 0.1%
Telekom Austria AG		17,111		209,750

				1,648,778

Belgium 0.9%


Banks 0.2%
Dexia S.A. *		99,478		262,784
KBC GROEP N.V.		10,349		365,166

				627,950


Capital Goods 0.0%
Bekaert N.V.		968		58,631


Diversified Financials 0.1%
Groupe Bruxelles Lambert S.A.		2,255		190,162


Food & Staples Retailing 0.1%
Colruyt S.A.		1,194		58,161
Delhaize Group		5,306		382,124

				440,285


Food, Beverage & Tobacco 0.2%
Anheuser-Busch InBev N.V.		10,334		594,769


Health Care Equipment & Services 0.0%
Agfa Gevaert N.V. *		15,446		60,864


Insurance 0.1%
Ageas		183,577		376,366


Materials 0.1%
Solvay S.A.		1,444		217,432
Umicore		2,904		147,938

				365,370


Pharmaceuticals, Biotechnology & Life Sciences 0.0%
UCB S.A.		3,918		180,200


Retailing 0.0%
S.A. D’Ieteren N.V.		925		62,934


Telecommunication Services 0.1%
Belgacom S.A.		7,305		254,812

				3,212,343

Canada 5.8%


Automobiles & Components 0.1%
Magna International, Inc.		7,418		361,797


Banks 1.6%
Bank of Montreal		18,013		1,131,739
Bank of Nova Scotia		19,848		1,125,506
Canadian Imperial Bank of Commerce		8,577		655,136
National Bank of Canada		3,730		289,085
Royal Bank of Canada		29,244		1,573,229
The Toronto-Dominion Bank		16,959		1,357,679

				6,132,374


Capital Goods 0.1%
Bombardier, Inc., Class A		8,500		51,421
Bombardier, Inc., Class B		34,068		206,094
Finning International, Inc.		3,180		91,195
SNC-Lavalin Group, Inc.		1,400		79,140
Superior Plus Corp.		6,000		68,512

				496,362


Diversified Financials 0.1%
CI Financial Corp.		4,200		97,368
IGM Financial, Inc.		2,320		116,795
Onex Corp.		6,061		227,228

				441,391


Energy 1.3%
Cameco Corp.		2,700		71,806
Canadian Natural Resources Ltd.		11,100		448,206
Cenovus Energy, Inc.		9,409		361,707
Crescent Point Energy Corp.		2,000		89,905
Enbridge, Inc.		11,838		388,673
Encana Corp.		29,009		851,036
Husky Energy, Inc.		6,967		195,057
Imperial Oil Ltd.		4,023		176,844
Nexen, Inc.		10,726		250,230
Pembina Pipeline Corp.		2,800		73,967
Precision Drilling Corp. *		9,200		158,878
Suncor Energy, Inc.		15,945		611,132
Talisman Energy, Inc.		15,481		281,929
TransCanada Corp.		14,935		627,444
Vermilion Energy, Inc.		1,200		60,173

				4,646,987


Food & Staples Retailing 0.2%
Alimentation Couche-Tard, Inc., Class B		3,937		124,235
Empire Co., Ltd, Class A		1,533		92,996

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
George Weston Ltd.		2,305		159,947
Loblaw Cos., Ltd.		3,764		145,604
Metro, Inc., Class A		3,140		155,677
Shoppers Drug Mart Corp.		4,559		191,436

				869,895


Food, Beverage & Tobacco 0.1%
Saputo, Inc.		1,700		79,622
Viterra, Inc.		9,900		112,113

				191,735


Insurance 0.7%
Fairfax Financial Holdings Ltd.		562		221,165
Great-West Lifeco, Inc.		6,920		172,882
Industrial Alliance Insurance & Financial Services, Inc.		2,000		78,916
Intact Financial Corp.		2,423		140,620
Manulife Financial Corp.		56,448		896,834
Power Corp. of Canada		17,215		456,748
Power Financial Corp.		9,214		271,854
Sun Life Financial, Inc.		18,290		505,562

				2,744,581


Materials 0.5%
Agrium, Inc.		1,612		141,064
Barrick Gold Corp.		7,958		379,389
First Quantum Minerals Ltd.		500		69,318
Goldcorp, Inc.		6,310		301,747
Kinross Gold Corp.		6,353		103,728
Methanex Corp.		2,200		65,163
Potash Corp. of Saskatchewan, Inc.		4,542		262,218
Sherritt International Corp.		8,000		49,987
Sino-Forest Corp. (c)*		20,000		152,807
Teck Resources Ltd., Class B		7,457		369,474
Yamana Gold, Inc.		7,876		102,546

				1,997,441


Media 0.2%
Groupe Aeroplan, Inc.		4,600		64,851
Quebecor, Inc., Class B		1,892		60,021
Shaw Communications, Inc., Class B		8,777		198,239
Thomson Reuters Corp.		8,007		275,378

				598,489


Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Valeant Pharmaceuticals International, Inc.		2,200		121,093


Real Estate 0.2%
Brookfield Asset Management, Inc., Class A		11,455		360,872
Brookfield Properties Corp.		6,291		119,506
H&R REIT		3,000		68,983
RioCan Real Estate Investment Trust		3,472		94,336

				643,697


Retailing 0.1%
Canadian Tire Corp., Ltd., Class A		2,219		135,678
RONA, Inc.		5,500		63,436

				199,114


Software & Services 0.0%
CGI Group, Inc., Class A *		4,217		90,656


Technology Hardware & Equipment 0.1%
Celestica, Inc. *		9,212		80,892
Research In Motion Ltd. *		4,706		117,866

				198,758


Telecommunication Services 0.2%
BCE, Inc.		7,753		295,855
Rogers Communications, Inc., Class B		8,004		305,600
Telus Corp.		2,378		130,890
Telus Corp. - Non Voting Shares		1,231		64,871

				797,216


Transportation 0.2%
Canadian National Railway Co.		6,323		474,101
Canadian Pacific Railway Ltd.		2,932		187,222

				661,323


Utilities 0.1%
ATCO Ltd., Class I		1,433		92,389
Canadian Utilities Ltd., Class A		1,680		99,135
Emera, Inc.		2,200		72,738
Fortis, Inc.		3,300		109,350
TransAlta Corp.		6,569		145,275

				518,887

				21,711,796

Denmark 0.6%


Banks 0.2%
Danske Bank A/S *		34,311		663,794
Jyske Bank A/S - Reg’d *		1,938		77,179

				740,973


Capital Goods 0.0%
FLSmidth & Co. A/S		773		59,942
Vestas Wind Systems A/S *		5,245		115,633

				175,575


Food, Beverage & Tobacco 0.1%
Carlsberg A/S, Class B		2,199		216,004


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Novo Nordisk A/S, Class B		2,810		343,722


Transportation 0.2%
AP Moller - Maersk A/S, Series A		20		148,090
AP Moller - Maersk A/S, Series B		53		406,087
DSV A/S		3,118		69,129

				623,306

				2,099,580

Finland 1.0%


Automobiles & Components 0.0%
Nokian Renkaat Oyj		1,868		87,375


Capital Goods 0.2%
Kone Oyj, Class B		2,296		133,107
Metso Corp. Oyj		4,140		202,372
Outotec Oyj		1,156		56,774
Wartsila Oyj		2,137		61,503
YIT Oyj		3,140		69,584

				523,340


Diversified Financials 0.0%
Pohjola Bank plc, Class A		5,001		60,849

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Energy 0.0%
Neste Oil Oyj		7,441		97,188


Food & Staples Retailing 0.1%
Kesko Oyj, Class B		2,905		112,725


Insurance 0.1%
Sampo Oyj, Class A		15,509		472,386


Materials 0.2%
Huhtamaki Oyj		6,718		87,376
Outokumpu Oyj		6,812		72,670
Rautaruukki Oyj		5,166		105,376
Stora Enso Oyj, Class R		22,359		192,423
UPM-Kymmene Oyj		20,528		319,896

				777,741


Technology Hardware & Equipment 0.3%
Nokia Corp. Oyj		207,241		1,205,125


Telecommunication Services 0.0%
Elisa Oyj		4,815		103,481


Utilities 0.1%
Fortum Oyj		11,651		308,313

				3,748,523

France 10.8%


Automobiles & Components 0.6%
Cie Generale des Etablissements Michelin, Class B		4,195		352,283
Faurecia		2,509		96,781
PSA Peugeot Citroen S.A.		20,704		784,834
Renault S.A.		13,377		713,730
Valeo S.A.		3,153		193,157

				2,140,785


Banks 1.3%
BNP Paribas S.A.		38,114		2,471,838
Credit Agricole S.A.		51,805		635,960
Natixis		31,529		143,027
Societe Generale		30,383		1,503,946

				4,754,771


Capital Goods 1.4%
Alstom S.A.		7,038		370,494
Bouygues S.A.		13,800		521,623
Compagnie de Saint-Gobain		20,142		1,163,939
Eiffage S.A.		3,370		184,309
European Aeronautic Defence & Space Co.		11,568		401,081
Legrand S.A.		3,033		118,050
Nexans S.A.		1,413		121,918
Rexel S.A.		2,604		56,618
Safran S.A.		3,823		158,916
Schneider Electric S.A.		4,902		708,410
Thales S.A.		3,103		132,629
Vallourec S.A. (c)		3,015		305,522
Vinci S.A.		14,746		854,555
Wendel		660		75,831
Zodiac Aerospace		966		83,552

				5,257,447


Consumer Durables & Apparel 0.3%
Christian Dior S.A.		1,796		287,044
LVMH Moet Hennessy Louis Vuitton S.A.		4,467		818,769

				1,105,813


Consumer Services 0.1%
Accor S.A.		7,100		312,478
Sodexo		3,547		271,049

				583,527


Diversified Financials 0.0%
Eurazeo		1,018		69,167


Energy 1.5%
Bourbon S.A.		1,434		59,814
Compagnie Generale de Geophysique-Veritas *		3,726		125,126
Technip S.A.		2,173		237,935
Total S.A.		93,724		5,065,626

				5,488,501


Food & Staples Retailing 0.3%
Carrefour S.A.		33,063		975,537
Casino Guichard-Perrachon S.A.		2,494		227,371
Rallye S.A. (c)		1,609		62,776

				1,265,684


Food, Beverage & Tobacco 0.3%
DANONE S.A.		12,087		861,739
Pernod Ricard S.A.		4,512		446,989

				1,308,728


Health Care Equipment & Services 0.1%
Essilor International S.A.		2,562		205,315


Household & Personal Products 0.1%
L’Oreal S.A.		4,003		481,622


Insurance 0.8%
AXA S.A.		139,667		2,613,026
CNP Assurances		12,486		240,326
SCOR SE		7,303		187,955

				3,041,307


Materials 0.4%
Air Liquide S.A.		4,950		679,947
Arkema		1,891		184,483
Eramet		180		50,087
Imerys S.A.		921		63,238
Lafarge S.A.		11,129		595,174
Rhodia S.A.		2,892		130,708

				1,703,637


Media 0.6%
Lagardere S.C.A.		6,558		254,727
Metropole Television S.A.		3,067		69,994
PagesJaunes Groupe (c)		7,103		56,492
Publicis Groupe		2,276		115,743
SES FDR		5,647		152,830
Societe Television Francaise 1		4,626		88,211
Vivendi		56,398		1,348,698

				2,086,695


Pharmaceuticals, Biotechnology & Life Sciences 0.9%
Sanofi (c)		42,082		3,269,792


Real Estate 0.2%
Fonciere des Regions		603		58,799
Klepierre		1,948		72,836

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Unibail-Rodamco SE		2,188		487,105

				618,740


Retailing 0.2%
PPR		3,286		607,283


Semiconductors & Semiconductor Equipment 0.0%
STMicroelectronics N.V.		20,188		159,166


Software & Services 0.1%
Atos Origin S.A.		1,817		100,071
Cap Gemini		4,400		216,528

				316,599


Technology Hardware & Equipment 0.1%
Alcatel-Lucent *		66,185		263,813
Gemalto N.V.		1,188		56,599
Neopost S.A.		780		62,329

				382,741


Telecommunication Services 0.6%
France Telecom S.A.		115,035		2,380,337


Transportation 0.1%
Air France-KLM *		16,123		194,009
Groupe Eurotunnel S.A. - Reg’d		6,816		72,652

				266,661


Utilities 0.8%
EDF S.A.		9,028		342,923
GDF Suez		51,500		1,684,097
Suez Environnement Co. (c)		13,328		247,065
Veolia Environnement		26,661		600,204

				2,874,289

				40,368,607

Germany 8.4%


Automobiles & Components 1.1%
Bayerische Motoren Werke AG		9,878		987,521
Continental AG *		2,100		209,165
Daimler AG - Reg’d		40,147		2,910,478
Volkswagen AG		1,002		183,121

				4,290,285


Banks 0.1%
Commerzbank AG *		59,389		225,745


Capital Goods 0.8%
Bilfinger Berger SE		1,355		133,637
GEA Group AG		3,592		124,878
Hochtief AG		1,819		146,015
MAN SE		3,267		388,524
Siemens AG - Reg’d		17,646		2,255,267

				3,048,321


Consumer Durables & Apparel 0.1%
Adidas AG		4,176		309,989


Consumer Services 0.1%
TUI AG *		23,701		219,052


Diversified Financials 0.6%
Deutsche Bank AG - Reg’d		35,494		1,951,553
Deutsche Boerse AG		3,776		279,214

				2,230,767


Food & Staples Retailing 0.1%
Metro AG		7,369		406,767


Health Care Equipment & Services 0.2%
Celesio AG		5,908		113,545
Fresenius Medical Care AG & Co. KGaA		3,387		259,942
Fresenius SE & Co. KGaA		2,250		240,724

				614,211


Household & Personal Products 0.1%
Beiersdorf AG		1,194		76,920
Henkel AG & Co. KGaA		2,163		118,015

				194,935


Insurance 1.2%
Allianz SE - Reg’d		22,180		2,890,385
Hannover Rueckversicherung AG - Reg’d		2,002		103,896
Muenchener Rueckversicherungs-Gesellschaft AG - Reg’d		10,580		1,561,296

				4,555,577


Materials 1.2%
Aurubis AG		2,305		142,684
BASF SE		25,359		2,290,201
HeidelbergCement AG		6,427		353,468
K&S AG - Reg’d		2,047		163,324
Lanxess AG		1,851		148,573
Linde AG		2,365		423,828
Salzgitter AG		2,225		162,068
Symrise AG		2,320		63,379
ThyssenKrupp AG		18,393		813,199

				4,560,724


Pharmaceuticals, Biotechnology & Life Sciences 0.4%
Bayer AG - Reg’d		18,130		1,450,404
Merck KGaA		1,203		128,391

				1,578,795


Retailing 0.0%
Douglas Holding AG		1,347		65,004
Praktiker Bau- und Heimwerkermaerkte Holding AG		9,093		32,004

				97,008


Semiconductors & Semiconductor Equipment 0.0%
Infineon Technologies AG		15,074		151,254


Software & Services 0.2%
SAP AG		9,125		570,514


Technology Hardware & Equipment 0.0%
Wincor Nixdorf AG		1,223		76,484


Telecommunication Services 0.9%
Deutsche Telekom AG - Reg’d		208,299		3,246,909
Freenet AG		5,277		63,860

				3,310,769


Transportation 0.3%
Deutsche Lufthansa AG - Reg’d		14,411		290,122
Deutsche Post AG - Reg’d		51,611		911,225

				1,201,347


Utilities 1.0%
E.ON AG		99,711		2,749,344
RWE AG		19,997		1,048,336

				3,797,680

				31,440,224

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Greece 0.4%


Banks 0.2%
Alpha Bank A.E. *		40,004		175,365
EFG Eurobank Ergasias *		33,912		131,810
National Bank of Greece S.A. *		47,138		316,985
Piraeus Bank S.A. *		71,024		91,888

				716,048


Consumer Services 0.1%
OPAP S.A.		12,335		204,620


Food, Beverage & Tobacco 0.0%
Coca Cola Hellenic Bottling Co., S.A. *		2,785		72,232


Telecommunication Services 0.1%
Hellenic Telecommunications Organization S.A. (OTE)		23,740		198,665


Utilities 0.0%
Public Power Corp. S.A.		7,167		88,217

				1,279,782

Hong Kong 1.7%


Banks 0.2%
BOC Hong Kong (Holdings) Ltd.		80,000		238,797
Hang Seng Bank Ltd.		16,400		257,402
The Bank of East Asia Ltd.		38,070		146,934

				643,133


Capital Goods 0.3%
Hutchison Whampoa Ltd.		73,000		850,375
Jardine Matheson Holdings Ltd.		4,000		228,554
Jardine Strategic Holdings Ltd.		2,500		81,773

				1,160,702


Consumer Durables & Apparel 0.0%
Yue Yuen Industrial (Holdings) Ltd.		22,500		72,157


Diversified Financials 0.0%
Hong Kong Exchanges & Clearing Ltd.		3,800		78,392


Food, Beverage & Tobacco 0.0%
Chaoda Modern Agriculture (Holdings) Ltd.		171,320		68,365


Insurance 0.1%
AIA Group Ltd. *		110,800		406,968


Real Estate 0.7%
Cheung Kong (Holdings) Ltd.		28,000		426,911
Hang Lung Group Ltd.		16,000		96,256
Hang Lung Properties Ltd.		27,000		99,587
Henderson Land Development Co., Ltd.		21,569		136,541
Hongkong Land Holdings Ltd.		30,000		201,246
Kerry Properties Ltd.		14,000		67,719
New World Development Co., Ltd.		92,000		135,316
Sino Land Co., Ltd.		48,000		81,311
Sun Hung Kai Properties Ltd.		34,600		525,884
Swire Pacific Ltd., Class A		20,500		288,377
The Link REIT		36,500		127,538
The Wharf Holdings Ltd.		27,000		198,320

				2,385,006


Retailing 0.1%
Esprit Holdings Ltd.		43,684		127,178
Li & Fung Ltd.		56,000		93,116

				220,294


Technology Hardware & Equipment 0.0%
Kingboard Chemical Holdings Ltd.		13,500		64,115


Telecommunication Services 0.0%
PCCW Ltd.		287,000		125,119


Transportation 0.1%
Cathay Pacific Airways Ltd.		39,800		92,302
MTR Corp., Ltd.		24,000		81,411
Orient Overseas International Ltd.		9,500		53,921
Pacific Basin Shipping Ltd.		122,000		66,856

				294,490


Utilities 0.2%
CLP Holdings Ltd.		45,000		416,164
Hong Kong & China Gas Co., Ltd.		59,640		145,880
Power Assets Holdings Ltd.		32,000		264,827

				826,871

				6,345,612

Ireland 0.2%


Banks 0.0%
Anglo Irish Bank Corp., Ltd. (a)(b)		9,106		—
The Governor & Company of the Bank of Ireland *		430,689		65,270

				65,270


Capital Goods 0.0%
DCC		2,912		78,748


Food, Beverage & Tobacco 0.0%
Kerry Group plc, Class A		2,184		90,207


Materials 0.2%
CRH plc		27,454		538,569
Smurfit Kappa Group plc *		5,785		59,559

				598,128


Transportation 0.0%
Ryanair Holdings plc		14,633		67,305

				899,658

Israel 0.3%


Banks 0.1%
Bank Hapoalim B.M.		63,692		314,928
Bank Leumi Le-Israel		15,399		71,478

				386,406


Materials 0.0%
Israel Chemicals Ltd.		5,800		97,518


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Teva Pharmaceutical Industries Ltd.		9,847		459,328


Telecommunication Services 0.1%
Bezeq Israeli Telecommunication Corp., Ltd.		55,815		135,206
Cellcom Israel Ltd.		3,128		81,378

				216,584

				1,159,836

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Italy 4.4%


Automobiles & Components 0.2%
Fiat S.p.A.		76,225		753,136
Pirelli & C. S.p.A.		12,811		132,832

				885,968


Banks 1.2%
Banca Carige S.p.A. (Cassa di Risparmio di Genova e Imperia) (c)		25,944		53,723
Banca Monte dei Paschi di Siena S.p.A.		241,209		180,778
Banca Piccolo Credito Valtellinese Scarl		14,448		59,652
Banca Popolare dell’Emilia Romagna Scrl		12,472		125,373
Banca Popolare di Milano Scarl (c)		40,046		86,383
Banca Popolare di Sondrio Scarl		8,973		68,163
Banco Popolare Societa Cooperativa		118,946		227,874
Intesa Sanpaolo		586,286		1,352,441
UniCredit S.p.A.		1,125,686		2,008,076
Unione di Banche Italiane S.C.P.A.		47,444		227,699

				4,390,162


Capital Goods 0.1%
Fiat Industrial S.p.A. *		19,031		251,203
Finmeccanica S.p.A.		26,499		203,330
Prysmian S.p.A.		4,924		91,137

				545,670


Consumer Durables & Apparel 0.0%
Luxottica Group S.p.A.		2,020		64,042


Diversified Financials 0.1%
EXOR S.p.A.		1,513		45,460
Mediobanca S.p.A.		24,664		226,678

				272,138


Energy 0.9%
Eni S.p.A.		139,602		3,033,695
ERG S.p.A.		4,494		59,850
Saipem S.p.A.		4,044		210,735
Saras S.p.A. *		23,836		48,928
Tenaris S.A.		7,112		155,900

				3,509,108


Food, Beverage & Tobacco 0.0%
Parmalat S.p.A.		49,835		129,825


Insurance 0.4%
Assicurazioni Generali S.p.A.		73,580		1,396,544
Fondiaria-Sai S.p.A. *		36,906		95,845
Fondiaria-Sai S.p.A. - RSP *		29,266		45,166
Unipol Gruppo Finanziario S.p.A. *		142,474		65,692

				1,603,247


Materials 0.1%
Buzzi Unicem S.p.A. *		4,515		52,905
Italcementi S.p.A.		7,983		64,237
Italcementi S.p.A. - RSP		16,025		60,164

				177,306


Media 0.1%
Mediaset S.p.A.		42,819		183,460


Telecommunication Services 0.5%
Telecom Italia S.p.A.		1,043,052		1,312,459
Telecom Italia S.p.A. - RSP		477,373		513,363

				1,825,822


Transportation 0.1%
Atlantia S.p.A.		10,103		187,061


Utilities 0.7%
A2A S.p.A.		74,814		107,226
Enel S.p.A.		380,267		2,190,087
Snam Rete Gas S.p.A.		28,116		162,318
Terna - Rete Elettrica Nationale S.p.A.		29,926		135,698

				2,595,329

				16,369,138

Japan 16.4%


Automobiles & Components 2.2%
Aisin Seiki Co., Ltd.		5,500		211,053
Bridgestone Corp.		19,600		487,562
Daihatsu Motor Co., Ltd.		6,000		105,093
Denso Corp.		10,100		358,912
Fuji Heavy Industries Ltd.		18,000		144,113
Honda Motor Co., Ltd.		36,400		1,444,204
Isuzu Motors Ltd.		38,000		188,461
Mazda Motor Corp. *		107,000		294,028
Mitsubishi Motors Corp. *		129,000		168,466
Nissan Motor Co., Ltd.		88,200		938,578
Nok Corp.		3,400		62,974
Stanley Electric Co., Ltd.		5,200		88,472
Suzuki Motor Corp.		14,800		342,783
The Yokohama Rubber Co., Ltd.		12,000		72,756
Toyota Industries Corp.		3,900		127,111
Toyota Motor Corp.		78,500		3,204,683
Yamaha Motor Co., Ltd. *		8,000		155,093

				8,394,342


Banks 1.6%
Fukuoka Financial Group, Inc.		29,000		123,308
Hokuhoku Financial Group, Inc.		34,000		70,982
Mitsubishi UFJ Financial Group, Inc.		424,434		2,155,222
Mizuho Financial Group, Inc.		568,516		929,996
Resona Holdings, Inc.		17,158		85,028
Shinsei Bank Ltd.		88,000		111,725
Sumitomo Mitsui Financial Group, Inc.		40,010		1,258,672
Sumitomo Mitsui Trust Holdings, Inc.		90,150		332,087
The Bank of Kyoto Ltd.		8,000		73,019
The Bank of Yokohama Ltd.		26,000		127,343
The Chiba Bank Ltd.		16,000		101,397
The Chugoku Bank Ltd.		6,000		76,319
The Gunma Bank, Ltd.		16,000		85,048
The Hachijuni Bank Ltd.		12,000		66,586
The Joyo Bank Ltd.		15,000		63,057
The Shizuoka Bank Ltd.		14,000		131,675
Yamaguchi Financial Group, Inc.		10,000		102,070

				5,893,534


Capital Goods 2.4%
Amada Co., Ltd.		8,000		62,013
Asahi Glass Co., Ltd.		21,000		242,627
Daikin Industries Ltd.		4,500		159,636
Fanuc Corp.		1,400		264,841

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Fuji Electric Holdings Co., Ltd.		23,000		74,879
Fujikura Ltd.		18,000		85,056
Furukawa Electric Co., Ltd.		25,000		107,411
Hankyu Hanshin Holdings, Inc.		35,000		140,895
Hanwa Co., Ltd.		25,000		110,361
IHI Corp.		41,000		110,474
ITOCHU Corp.		39,000		449,960
JGC Corp.		3,000		93,693
JS Group Corp.		6,100		152,586
JTEKT Corp.		10,100		148,062
Kajima Corp.		62,000		192,656
Kanematsu Corp. *		64,000		64,012
Kawasaki Heavy Industries Ltd.		32,000		117,077
Kinden Corp.		8,000		67,671
Komatsu Ltd.		14,000		437,057
Kubota Corp.		13,000		117,989
Makita Corp.		1,900		89,386
Marubeni Corp.		53,000		397,689
Minebea Co., Ltd.		16,000		81,344
Mitsubishi Corp.		32,700		874,599
Mitsubishi Electric Corp.		36,000		425,089
Mitsubishi Heavy Industries Ltd.		128,000		596,581
Mitsui & Co., Ltd.		39,800		749,309
Mitsui Engineering & Shipbuilding Co., Ltd.		40,000		84,804
NGK Insulators Ltd.		4,000		73,262
Nidec Corp.		1,100		109,445
Nippon Sheet Glass Co., Ltd.		36,000		114,820
NSK Ltd.		10,000		97,086
NTN Corp.		14,000		84,540
Obayashi Corp.		29,000		134,180
Shimizu Corp.		32,000		141,835
SMC Corp.		600		110,345
Sojitz Corp.		199,300		394,208
Sumitomo Corp.		36,100		508,764
Sumitomo Electric Industries Ltd.		20,800		310,510
Sumitomo Heavy Industries Ltd.		11,000		77,302
Taisei Corp.		58,000		138,549
Toto Ltd.		8,000		62,571
Toyota Tsusho Corp.		12,800		224,059

				9,079,233


Commercial & Professional Supplies 0.2%
Dai Nippon Printing Co., Ltd.		21,000		238,455
Secom Co., Ltd.		3,200		159,633
Toppan Printing Co., Ltd.		27,000		213,520

				611,608


Consumer Durables & Apparel 0.9%
Casio Computer Co., Ltd.		12,500		88,453
Haseko Corp. *		121,000		98,638
NAMCO BANDAI Holdings, Inc.		5,700		72,123
Nikon Corp.		5,000		117,342
Panasonic Corp.		112,950		1,343,038
Sankyo Co., Ltd.		1,100		58,745
Sega Sammy Holdings, Inc.		4,200		90,279
Sekisui Chemical Co., Ltd.		14,000		129,351
Sekisui House Ltd.		19,000		181,860
Sharp Corp.		39,000		359,268
Sony Corp.		34,200		857,816
Sumitomo Forestry Co., Ltd.		7,400		70,230
Yamaha Corp.		6,200		73,358

				3,540,501


Consumer Services 0.0%
Benesse Holdings, Inc.		1,400		60,529


Diversified Financials 0.4%
Aiful Corp. (c)*		58,400		95,895
Credit Saison Co., Ltd.		7,100		120,422
Daiwa Securities Group, Inc.		57,000		247,925
Nomura Holdings, Inc.		90,200		437,895
ORIX Corp.		3,370		363,530
Promise Co., Ltd. *		10,000		87,743
SBI Holdings, Inc.		907		88,977

				1,442,387


Energy 0.3%
Cosmo Oil Co., Ltd.		60,000		181,093
Idemitsu Kosan Co., Ltd.		1,600		185,790
Inpex Corp.		56		434,700
Showa Shell Sekiyu K.K.		8,900		85,687
TonenGeneral Sekiyu K.K.		13,000		163,284

				1,050,554


Food & Staples Retailing 0.3%
Aeon Co., Ltd.		34,800		438,259
Lawson, Inc.		1,700		91,969
Seven & i Holdings Co., Ltd.		23,200		661,541
Uny Co., Ltd.		10,200		100,176

				1,291,945


Food, Beverage & Tobacco 0.4%
Ajinomoto Co., Inc.		15,000		185,939
Asahi Breweries Ltd.		11,000		232,763
Japan Tobacco, Inc.		87		394,272
Kirin Holdings Co., Ltd.		22,000		323,983
Meiji Holdings Co., Ltd.		2,800		122,816
Nippon Meat Packers, Inc.		7,000		97,392
Nisshin Seifun Group, Inc.		5,000		63,876
Nissin Foods Holdings Co., Ltd.		1,800		68,723
Yakult Honsha Co., Ltd.		2,400		68,472

				1,558,236


Health Care Equipment & Services 0.2%
Alfresa Holdings Corp.		3,200		130,784
Medipal Holdings Corp.		16,800		158,580
Olympus Corp.		4,500		160,026
Suzuken Co., Ltd.		3,100		77,805
Terumo Corp.		1,400		78,624

				605,819


Household & Personal Products 0.1%
Kao Corp.		12,000		339,351
Shiseido Co., Ltd.		6,000		114,969

				454,320


Insurance 0.4%
MS&AD Insurance Group Holdings, Inc.		15,590		389,616
T&D Holdings, Inc.		8,300		203,085
The Dai-ichi Life Insurance Co., Ltd.		290		410,465
Tokio Marine Holdings, Inc.		14,700		433,489

				1,436,655


Materials 1.5%
Asahi Kasei Corp.		34,000		240,523
Daicel Chemical Industries Ltd.		12,000		85,854
Denki Kagaku Kogyo Kabushiki Kaisha		12,000		57,897

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
DIC Corp.		34,000		79,196
Dowa Holdings Co., Ltd.		10,000		66,988
JFE Holdings, Inc.		20,200		549,571
JSR Corp.		3,400		69,438
Kobe Steel Ltd.		105,000		231,939
Kuraray Co., Ltd.		8,000		120,776
Mitsubhishi Gas Chemical Co., Inc.		10,000		77,941
Mitsubishi Chemical Holdings Corp.		43,000		335,175
Mitsubishi Materials Corp.		38,000		129,433
Mitsui Chemicals, Inc.		42,000		159,503
Mitsui Mining & Smelting Co., Ltd.		20,000		72,389
Nippon Paper Group, Inc.		5,543		123,815
Nippon Steel Corp.		200,000		673,626
Nisshin Steel Co., Ltd.		34,000		70,633
Nitto Denko Corp.		2,000		96,377
Oji Paper Co., Ltd.		34,000		169,979
Shin-Etsu Chemical Co., Ltd.		6,800		366,803
Showa Denko K.K.		48,000		99,946
Sumitomo Chemical Co., Ltd.		49,000		248,320
Sumitomo Metal Industries Ltd.		139,000		333,217
Sumitomo Metal Mining Co., Ltd.		13,000		230,197
Taiheiyo Cement Corp.		60,000		118,213
Taiyo Nippon Sanso Corp.		8,000		62,410
Teijin Ltd.		24,000		107,224
Toray Industries, Inc.		25,000		194,409
Tosoh Corp.		23,000		97,516
Toyo Seikan Kaisha Ltd.		6,100		106,793
Ube Industries Ltd.		24,000		81,458

				5,457,559


Media 0.1%
Dentsu, Inc.		3,701		115,127
Hakuhodo Dy Holdings, Inc.		1,330		73,483

				188,610


Pharmaceuticals, Biotechnology & Life Sciences 0.6%
Astellas Pharma, Inc.		9,200		357,420
Chugai Pharmaceutical Co., Ltd.		3,700		65,704
Daiichi Sankyo Co., Ltd.		13,500		278,976
Eisai Co., Ltd.		5,600		227,290
Ono Pharmaceutical Co., Ltd.		1,800		100,601
Otsuka Holdings K.K.		8,900		244,999
Shionogi & Co., Ltd.		4,000		69,031
Taisho Pharmaceutical Co., Ltd.		4,000		93,810
Takeda Pharmaceutical Co., Ltd.		14,300		682,081

				2,119,912


Real Estate 0.3%
Daito Trust Construction Co., Ltd.		1,500		144,386
Daiwa House Industry Co., Ltd.		17,000		229,097
Mitsubishi Estate Co., Ltd.		13,000		233,119
Mitsui Fudosan Co., Ltd.		18,000		343,913
Sumitomo Realty & Development Co., Ltd.		7,500		185,157
Tokyu Land Corp.		13,000		61,030

				1,196,702


Retailing 0.2%
Edion Corp.		9,800		101,696
Fast Retailing Co., Ltd.		600		106,194
Isetan Mitsukoshi Holdings Ltd.		11,300		119,710
J. Front Retailing Co., Ltd.		20,000		94,911
Marui Group Co., Ltd.		8,300		67,969
Takashimaya Co., Ltd.		11,000		81,905
Yamada Denki Co., Ltd.		3,020		241,796

				814,181


Semiconductors & Semiconductor Equipment 0.1%
Elpida Memory, Inc. *		5,600		51,693
Rohm Co., Ltd.		3,000		174,822
Tokyo Electron Ltd.		2,000		107,653

				334,168


Software & Services 0.1%
Nintendo Co., Ltd.		1,930		306,072
Nomura Research Institute Ltd.		3,200		76,258
NTT Data Corp.		31		107,550

				489,880


Technology Hardware & Equipment 1.7%
Alps Electric Co., Ltd.		7,600		85,426
Brother Industries Ltd.		6,100		95,158
Canon, Inc.		30,300		1,460,807
FUJIFILM Holdings Corp.		12,100		365,421
Fujitsu Ltd.		75,000		441,388
Hitachi Ltd.		159,000		980,466
Hoya Corp.		9,300		225,699
Ibiden Co., Ltd.		2,200		66,580
Keyence Corp.		330		93,302
Konica Minolta Holdings, Inc.		15,900		128,640
Kyocera Corp.		3,800		405,786
Murata Manufacturing Co., Ltd.		3,200		207,254
NEC Corp. *		190,000		434,540
Nippon Electric Glass Co., Ltd.		7,000		88,079
OMRON Corp.		4,600		129,478
Ricoh Co., Ltd.		26,000		279,690
Seiko Epson Corp.		7,900		134,067
TDK Corp.		2,200		113,330
Toshiba Corp.		96,000		498,028

				6,233,139


Telecommunication Services 0.9%
KDDI Corp.		114		847,110
Nippon Telegraph & Telephone Corp.		24,104		1,192,073
NTT DOCOMO, Inc.		483		893,744
SOFTBANK Corp.		8,900		347,548

				3,280,475


Transportation 0.8%
All Nippon Airways Co., Ltd.		20,000		67,758
Central Japan Railway Co.		48		413,617
East Japan Railway Co.		9,418		592,717
Kawasaki Kisen Kaisha Ltd.		29,000		94,905
Keio Corp.		11,100		67,121
Kintetsu Corp.		33,000		111,355
Mitsui O.S.K. Lines Ltd.		45,000		235,638
Nagoya Railroad Co., Ltd.		29,000		77,213
Nippon Express Co., Ltd.		44,000		194,058
Nippon Yusen Kabushiki Kaisha		66,000		241,654
Odakyu Electric Railway Co., Ltd.		9,000		77,673
Seino Holdings Co., Ltd.		8,000		61,511
Tobu Railway Co., Ltd.		17,000		74,138
Tokyu Corp.		34,000		152,659
West Japan Railway Co.		6,065		258,089
Yamato Holdings Co., Ltd.		10,000		171,314

				2,891,420


Utilities 0.7%
Chubu Electric Power Co., Inc.		21,400		367,518

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Electric Power Development Co., Ltd.		6,200		163,938
Hokkaido Electric Power Co., Inc.		5,900		90,396
Hokuriku Electric Power Co.		5,000		89,645
Kyushu Electric Power Co., Inc.		15,900		250,465
Osaka Gas Co., Ltd.		61,000		241,524
Shikoku Electric Power Co., Inc.		4,300		94,005
The Chugoku Electric Power Co., Inc.		10,100		163,095
The Kansai Electric Power Co., Inc.		25,300		426,192
The Tokyo Electric Power Co., Inc.		44,000		244,183
Toho Gas Co., Ltd.		13,000		71,257
Tohoku Electric Power Co., Inc.		16,300		210,655
Tokyo Gas Co., Ltd.		65,000		310,534

				2,723,407

				61,149,116

Netherlands 3.8%


Capital Goods 0.2%
Imtech N.V.		1,829		58,997
Koninklijke BAM Groep N.V.		15,485		87,222
Koninklijke Boskalis Westminster N.V.		1,290		54,269
Koninklijke Philips Electronics N.V.		28,795		715,196

				915,684


Commercial & Professional Supplies 0.1%
Randstad Holding N.V.		2,748		123,497
USG People N.V.		3,144		47,025

				170,522


Diversified Financials 1.6%
ING Groep N.V. CVA *		552,264		5,926,333
SNS Reaal N.V. *		27,491		114,621

				6,040,954


Energy 0.0%
Fugro N.V. CVA		1,102		84,949
SBM Offshore N.V.		3,435		82,113

				167,062


Food & Staples Retailing 0.2%
Koninklijke Ahold N.V.		44,347		590,498


Food, Beverage & Tobacco 0.4%
CSM N.V.		2,011		53,220
Heineken Holding N.V.		3,645		185,206
Heineken N.V.		4,764		281,890
Nutreco N.V.		1,090		75,787
Unilever N.V. CVA		31,458		1,021,602

				1,617,705


Insurance 0.3%
Aegon N.V. *		141,633		810,528
Delta Lloyd N.V.		10,400		227,274

				1,037,802


Materials 0.6%
Akzo Nobel N.V.		7,643		466,855
APERAM		3,287		91,406
ArcelorMittal		45,065		1,404,725
Koninklijke DSM N.V.		5,535		313,827

				2,276,813


Media 0.0%
Wolters Kluwer N.V.		7,122		147,670


Real Estate 0.1%
Corio N.V.		1,604		97,793
Wereldhave N.V.		930		86,193

				183,986


Semiconductors & Semiconductor Equipment 0.0%
ASML Holding N.V.		3,094		110,220


Telecommunication Services 0.2%
Koninklijke (Royal) KPN N.V.		58,977		841,072


Transportation 0.1%
TNT Express N.V. *		12,575		127,387
TNT N.V.		12,575		98,187

				225,574

				14,325,562

New Zealand 0.1%


Materials 0.0%
Fletcher Building Ltd.		21,095		150,653


Telecommunication Services 0.1%
Telecom Corp. of New Zealand Ltd.		140,817		323,776

				474,429

Norway 0.9%


Banks 0.1%
DnB NOR A.S.A.		27,627		401,755


Capital Goods 0.1%
Orkla A.S.A.		36,014		338,444


Energy 0.4%
Aker Solutions A.S.A.		5,150		90,124
Frontline Ltd.		3,584		41,671
Kvaerner A.S.A. *		16,159		34,333
Petroleum Geo-Services A.S.A. *		4,622		74,959
Seadrill Ltd.		2,000		69,616
Statoil A.S.A.		46,523		1,146,637

				1,457,340


Insurance 0.0%
Storebrand A.S.A.		15,977		132,772


Materials 0.2%
Norsk Hydro A.S.A.		60,110		427,894
Norske Skogindustrier A.S.A. *		32,159		47,638
Yara International A.S.A.		3,700		211,344

				686,876


Telecommunication Services 0.1%
Telenor A.S.A.		20,184		337,339

				3,354,526

Portugal 0.3%


Banks 0.1%
Banco Comercial Portugues S.A. - Reg’d *		237,916		109,756


Capital Goods 0.0%
Sonae		52,887		50,468


Energy 0.0%
Galp Energia, SGPS, S.A., B Shares		4,335		97,911

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Telecommunication Services 0.1%
Portugal Telecom, SGPS, S.A. - Reg’d		39,236		338,294


Transportation 0.0%
Brisa Auto-Estradas de Portugal S.A.		11,868		55,189


Utilities 0.1%
EDP - Energias de Portugal S.A.		120,998		420,363

				1,071,981

Republic of Korea 4.7%


Automobiles & Components 0.5%
Hankook Tire Co., Ltd.		2,326		94,588
Hyundai Mobis		849		305,640
Hyundai Motor Co.		5,196		1,156,779
Kia Motors Corp.		4,180		306,447

				1,863,454


Banks 0.5%
BS Financial Group, Inc. *		5,470		84,310
DGB Financial Group, Inc. *		4,501		71,295
Hana Financial Group, Inc.		5,420		212,581
Industrial Bank of Korea		4,790		82,338
KB Financial Group, Inc.		8,420		418,839
Korea Exchange Bank		13,680		121,259
Shinhan Financial Group Co., Ltd.		14,440		691,711
Woori Finance Holdings Co., Ltd.		19,400		255,640

				1,937,973


Capital Goods 1.1%
Daelim Industrial Co., Ltd.		1,567		187,473
Doosan Corp.		1,852		259,583
Doosan Heavy Industries & Construction Co., Ltd.		1,205		77,187
GS Engineering & Construction Corp.		982		110,884
Hyundai Development Co.		2,576		80,926
Hyundai Engineering & Construction Co., Ltd.		1,182		96,869
Hyundai Heavy Industries Co., Ltd.		874		337,894
Hyundai Mipo Dockyard Co., Ltd.		422		66,820
LG Corp.		8,391		627,220
LG International Corp.		2,710		159,317
LS Corp.		1,454		150,894
Samsung C&T Corp.		4,230		336,433
Samsung Heavy Industries Co., Ltd.		4,860		197,726
SK Holdings Co., Ltd.		8,038		1,383,803
STX Corp.		3,860		75,095
STX Offshore & Shipbuilding Co., Ltd.		2,850		65,733

				4,213,857


Consumer Durables & Apparel 0.2%
LG Electronics, Inc.		6,464		492,535


Consumer Services 0.0%
Kangwon Land, Inc.		2,741		77,969


Diversified Financials 0.0%
Samsung Securities Co., Ltd.		1,078		81,231


Energy 0.3%
GS Holdings		3,090		264,802
S-Oil Corp.		3,024		427,581
SK Innovation Co., Ltd.		2,266		467,169

				1,159,552


Food & Staples Retailing 0.0%
E-Mart Co., Ltd. *		410		106,943


Food, Beverage & Tobacco 0.0%
KT&G Corp.		1,902		118,345


Insurance 0.1%
Dongbu Insurance Co., Ltd.		2,169		107,629
Samsung Fire & Marine Insurance Co., Ltd.		981		221,910
Samsung Life Insurance Co., Ltd.		1,302		123,294

				452,833


Materials 0.7%
Cheil Industries, Inc.		612		69,907
Dongkuk Steel Mill Co., Ltd.		2,560		96,322
Hanwha Corp.		6,340		310,850
Honam Petrochemical Corp.		225		92,179
Hyosung Corp.		1,636		144,848
Hyundai Steel Co.		743		91,577
Korea Kumho Petrochemical Co., Ltd.		600		123,367
LG Chem Ltd.		619		276,030
POSCO		2,646		1,168,670

				2,373,750


Retailing 0.1%
Hyundai Department Store Co., Ltd.		570		99,423
Lotte Shopping Co., Ltd.		228		98,324
Shinsegae Co., Ltd.		234		72,799

				270,546


Semiconductors & Semiconductor Equipment 0.7%
Hynix Semiconductor, Inc.		9,310		214,621
Samsung Electronics Co., Ltd.		3,030		2,426,311

				2,640,932


Technology Hardware & Equipment 0.1%
LG Display Co., Ltd.		9,150		235,429
Samsung Electro-Mechanics Co., Ltd.		908		74,787
Samsung SDI Co., Ltd.		614		98,942

				409,158


Telecommunication Services 0.2%
KT Corp.		7,150		268,176
SK Telecom Co., Ltd.		1,882		261,886

				530,062


Transportation 0.0%
Korean Air Lines Co., Ltd.		1,340		85,510


Utilities 0.2%
Korea Electric Power Corp. *		18,620		452,541
Korea Gas Corp.		2,180		73,718

				526,259

				17,340,909

Singapore 1.0%


Banks 0.4%
DBS Group Holdings Ltd.		38,056		490,420
Oversea-Chinese Banking Corp., Ltd.		42,897		353,791
United Overseas Bank Ltd.		24,952		423,197

				1,267,408


Capital Goods 0.2%
Fraser & Neave Ltd.		35,000		174,208

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Keppel Corp., Ltd.		25,300		232,535
Noble Group Ltd.		124,879		193,648
SembCorp Industries Ltd.		18,000		75,667
Singapore Technologies Engineering Ltd.		28,100		70,382

				746,440


Food, Beverage & Tobacco 0.1%
Golden Agri-Resources Ltd.		155,000		93,747
Wilmar International Ltd.		39,166		191,604

				285,351


Media 0.0%
Singapore Press Holdings Ltd.		36,000		117,746


Real Estate 0.1%
Capitaland Ltd.		62,000		149,077
CapitaMall Trust		42,000		65,695
City Developments Ltd.		9,000		78,844

				293,616


Retailing 0.0%
Jardine Cycle & Carriage Ltd.		3,000		120,376


Technology Hardware & Equipment 0.0%
Venture Corp. Ltd.		10,000		65,446


Telecommunication Services 0.1%
Singapore Telecommunications Ltd.		176,486		491,732


Transportation 0.1%
ComfortDelGro Corp. Ltd.		59,000		70,200
Singapore Airlines Ltd.		21,270		250,428

				320,628

				3,708,743

Spain 4.2%


Banks 1.8%
Banco Bilbao Vizcaya Argentaria S.A.		186,919		1,957,972
Banco de Sabadell S.A.		75,105		280,783
Banco Popular Espanol S.A.		67,096		346,589
Banco Santander S.A.		364,727		3,838,856
Bankinter S.A.		15,331		94,505
CaixaBank		32,771		189,278

				6,707,983


Capital Goods 0.2%
ACS, Actividades de Construccion y Servicios S.A.		8,499		359,026
Ferrovial S.A.		15,010		191,383
Fomento de Construcciones y Contratas S.A.		3,987		109,382
Gamesa Corp. Tecnologica S.A.		10,682		78,071
Obrascon Huarte Lain S.A.		2,064		65,597
Sacyr Vallehermoso S.A.		5,705		47,065

				850,524


Energy 0.5%
Repsol YPF S.A.		51,990		1,639,665


Food & Staples Retailing 0.0%
Distribuidora Internacional de Alimentacion S.A. *		32,175		136,385


Food, Beverage & Tobacco 0.0%
Ebro Foods S.A.		2,998		58,166


Insurance 0.0%
Mapfre S.A.		33,374		118,287


Materials 0.0%
Acerinox S.A.		6,902		113,898


Retailing 0.1%
Industria de Diseno Textil S.A.		3,090		279,406


Software & Services 0.0%
Indra Sistemas S.A.		4,489		88,976


Telecommunication Services 0.9%
Telefonica S.A.		144,718		3,225,697


Transportation 0.1%
Abertis Infraestructuras S.A.		9,511		174,965


Utilities 0.6%
Acciona S.A.		1,190		123,067
Enagas		3,797		86,506
Endesa S.A.		5,553		162,733
Gas Natural SDG S.A.		15,061		302,777
Iberdrola S.A.		177,703		1,443,954

				2,119,037

				15,512,989

Sweden 2.8%


Banks 0.7%
Nordea Bank AB		104,735		1,113,964
Skandinaviska Enskilda Banken AB, A Shares		53,398		406,383
Svenska Handelsbanken AB, A Shares		15,638		492,336
Swedbank AB, A Shares		23,613		413,488

				2,426,171


Capital Goods 0.8%
Alfa Laval AB		5,018		104,700
Assa Abloy AB, B Shares		4,904		125,907
Atlas Copco AB, A Shares		7,857		185,421
Atlas Copco AB, B Shares		4,870		102,385
Hexagon AB, Class B		2,732		55,603
NCC AB, B Shares		5,451		109,613
Peab AB		7,502		49,735
Saab AB, B Shares		3,308		72,148
Sandvik AB		19,346		308,450
Scania AB, A Shares		3,000		58,365
Scania AB, B Shares		14,124		274,584
Skanska AB, B Shares		16,064		261,234
SKF AB, B Shares		7,271		191,251
Trelleborg AB, B Shares		6,872		76,247
Volvo AB, A Shares		16,291		262,582
Volvo AB, B Shares		36,000		580,448

				2,818,673


Commercial & Professional Supplies 0.0%
Securitas AB, B Shares		12,392		126,139


Consumer Durables & Apparel 0.1%
Electrolux AB, B Shares		9,155		173,019
Husqvarna AB, A Shares		10,926		63,787
Husqvarna AB, B Shares		8,986		51,900

				288,706


Diversified Financials 0.2%
Industrivarden AB, A Shares		5,789		90,783

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Industrivarden AB, C Shares		4,458		66,574
Investor AB, B Shares		22,854		496,349
Kinnevik Investment AB, B Shares		4,254		97,937
L E Lundbergforetagen AB, B Shares		1,770		65,395
Ratos AB, B Shares		5,356		97,216

				914,254


Food & Staples Retailing 0.0%
Axfood AB		1,636		62,956


Food, Beverage & Tobacco 0.0%
Swedish Match AB		2,290		85,162


Health Care Equipment & Services 0.0%
Getinge AB, B Shares		3,374		90,999


Materials 0.2%
Boliden AB		5,654		97,719
Holmen AB, B Shares		2,797		81,387
SSAB AB, A Shares		8,329		112,010
SSAB AB, B Shares		4,876		57,774
Svenska Cellulosa AB, B Shares		27,352		398,220

				747,110


Retailing 0.2%
Hennes & Mauritz AB, B Shares		23,130		790,804


Technology Hardware & Equipment 0.3%
Telefonaktiebolaget LM Ericsson, B Shares		75,445		947,640


Telecommunication Services 0.3%
Tele2 AB, B Shares		11,224		238,688
TeliaSonera AB		113,923		871,192

				1,109,880


Transportation 0.0%
SAS AB *		30,790		60,268

				10,468,762

Switzerland 4.8%


Capital Goods 0.2%
ABB Ltd. - Reg’d *		25,129		601,882
Geberit AG - Reg’d *		439		103,594
Schindler Holding AG		493		57,965
Schindler Holding AG - Reg’d		398		46,523
Sulzer AG - Reg’d		490		71,197

				881,161


Commercial & Professional Supplies 0.1%
Adecco S.A. - Reg’d *		4,204		252,628
SGS S.A. - Reg’d		91		176,760

				429,388


Consumer Durables & Apparel 0.2%
Compagnie Financiere Richemont S.A., Series A		5,263		339,907
Swatch Group AG - Bearer Shares		316		171,375
Swatch Group AG - Reg’d		836		77,831

				589,113


Diversified Financials 0.7%
Credit Suisse Group AG - Reg’d *		35,842		1,288,609
GAM Holding AG *		3,272		50,761
Julius Baer Group Ltd. *		2,308		98,065
Pargesa Holding S.A.		1,155		102,286
UBS AG - Reg’d *		75,696		1,249,630

				2,789,351


Energy 0.2%
Petroplus Holdings AG *		8,411		115,307
Transocean Ltd.		7,580		460,276

				575,583


Food, Beverage & Tobacco 1.0%
Aryzta AG		1,440		78,641
Lindt & Spruengli AG		18		58,662
Lindt & Spruengli AG - Reg’d		2		76,514
Nestle S.A. - Reg’d		54,011		3,440,583

				3,654,400


Health Care Equipment & Services 0.0%
Synthes, Inc. - Reg’d		471		84,918


Insurance 0.7%
Baloise Holding AG - Reg’d		1,733		172,389
Helvetia Holding AG - Reg’d		209		84,384
Swiss Life Holding AG - Reg’d *		2,622		389,329
Swiss Re Ltd. *		14,229		801,076
Zurich Financial Services AG *		5,423		1,289,602

				2,736,780


Materials 0.3%
Clariant AG - Reg’d *		7,718		121,356
Givaudan S.A. - Reg’d *		103		112,783
Holcim Ltd. - Reg’d *		7,687		527,062
Syngenta AG - Reg’d *		1,059		337,116

				1,098,317


Pharmaceuticals, Biotechnology & Life Sciences 1.3%
Lonza Group AG - Reg’d *		1,070		91,132
Novartis AG - Reg’d		45,775		2,806,103
Roche Holding AG		10,592		1,900,690

				4,797,925


Telecommunication Services 0.1%
Swisscom AG - Reg’d		474		228,149


Transportation 0.0%
Kuehne & Nagel International AG - Reg’d		762		106,530

				17,971,615

United Kingdom 19.3%


Automobiles & Components 0.0%
GKN plc		38,317		140,659


Banks 2.6%
Barclays plc		532,393		1,931,816
Bradford & Bingley plc (a)(b)		87,225		—
HSBC Holdings plc		541,869		5,282,855
Lloyds Banking Group plc *		1,424,445		1,006,240
Royal Bank of Scotland Group plc *		950,783		551,687
Standard Chartered plc		39,363		1,002,732

				9,775,330


Capital Goods 0.6%
BAE Systems plc		125,550		625,054
Balfour Beatty plc		24,912		123,703
Bunzl plc		11,216		141,781
Carillion plc		14,178		85,152
Cobham plc		21,604		72,012

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Cookson Group plc		6,212		65,359
IMI plc		5,624		96,527
Invensys plc		17,216		87,044
Meggitt plc		14,082		89,494
Rolls-Royce Holdings plc *		32,657		348,654
SIG plc *		33,272		69,707
Smiths Group plc		7,265		135,025
Travis Perkins plc		6,625		95,705
Wolseley plc		11,940		354,473

				2,389,690


Commercial & Professional Supplies 0.2%
Capita Group plc		8,247		97,001
De La Rue plc		6,928		88,758
Experian plc		11,178		146,939
G4S plc		44,043		197,861
Hays plc		41,715		61,297
Rentokil Initial plc *		71,739		107,722
Serco Group plc		8,708		77,043

				776,621


Consumer Durables & Apparel 0.2%
Barratt Developments plc *		91,005		146,629
Bellway plc		5,406		58,437
Burberry Group plc		3,348		81,849
Persimmon plc		17,893		135,030
Taylor Wimpey plc *		210,343		121,431

				543,376


Consumer Services 0.4%
Carnival plc		5,045		174,320
Compass Group plc		45,936		431,999
Enterprise Inns plc *		61,825		56,100
Greene King plc		8,896		71,288
InterContinental Hotels Group plc		3,169		62,532
Ladbrokes plc		37,882		91,449
Mitchells & Butlers plc *		26,222		117,884
Punch Taverns plc *		67,720		70,378
Thomas Cook Group plc		62,471		67,022
Tui Travel plc		43,470		138,735
Whitbread plc		4,735		120,679
William Hill plc		26,070		98,560

				1,500,946


Diversified Financials 0.2%
3i Group plc		20,645		90,704
Close Brothers Group plc		4,858		59,157
ICAP plc		13,062		95,572
Intermediate Capital Group plc		11,416		49,727
Investec plc		16,180		127,116
Man Group plc		63,356		230,550
Provident Financial plc		4,422		80,805
Schroders plc		2,141		56,989
Schroders plc - Non Voting Shares		2,867		62,844

				853,464


Energy 4.7%
AMEC plc		4,596		79,239
BG Group plc		38,266		902,180
BP plc		950,587		7,164,224
Royal Dutch Shell plc, A Shares		143,509		5,256,671
Royal Dutch Shell plc, B Shares		109,908		4,024,352
Tullow Oil plc		3,368		67,663

				17,494,329


Food & Staples Retailing 0.7%
J Sainsbury plc		87,767		437,043
Tesco plc		262,290		1,647,545
William Morrison Supermarkets plc		93,052		443,240

				2,527,828


Food, Beverage & Tobacco 1.4%
Associated British Foods plc		12,675		222,236
British American Tobacco plc		34,655		1,599,718
Diageo plc		44,531		905,799
Imperial Tobacco Group plc		23,569		815,876
Premier Foods plc *		229,516		68,416
SABMiller plc		18,016		673,019
Tate & Lyle plc		14,159		141,115
Unilever plc		26,510		846,215

				5,272,394


Health Care Equipment & Services 0.0%
Smith & Nephew plc		10,323		108,592


Household & Personal Products 0.2%
Reckitt Benckiser Group plc		10,208		577,631


Insurance 1.2%
Amlin plc		16,996		112,270
Aviva plc		212,554		1,384,252
Catlin Group Ltd.		13,692		92,866
Hiscox Ltd.		11,826		78,988
Legal & General Group plc		258,812		474,262
Old Mutual plc		222,873		462,445
Prudential plc		75,312		848,332
Resolution Ltd.		50,428		227,987
RSA Insurance Group plc		158,395		340,617
Standard Life plc		91,846		297,484

				4,319,503


Materials 1.4%
Anglo American plc		21,594		1,022,103
Antofagasta plc		4,525		103,921
BHP Billiton plc		27,574		1,030,028
Eurasian Natural Resources Corp.		4,587		57,855
Johnson Matthey plc		6,375		212,488
Kazakhmys plc		3,993		87,718
Lonmin plc		3,224		66,847
Mondi plc		13,610		133,137
Rexam plc		37,353		226,964
Rio Tinto plc		18,955		1,338,010
Vedanta Resources plc		2,845		82,254
Xstrata plc		31,932		673,713

				5,035,038


Media 0.4%
British Sky Broadcasting Group plc		19,073		222,909
Informa plc		12,226		80,773
ITV plc *		72,461		82,887
Pearson plc		20,505		393,474
United Business Media Ltd.		11,298		100,072
WPP plc		32,147		364,340
Yell Group plc (c)*		903,131		100,955

				1,345,410


Pharmaceuticals, Biotechnology & Life Sciences 1.4%
AstraZeneca plc		40,365		1,961,291
GlaxoSmithKline plc		147,492		3,288,354

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Shire plc		2,640		91,631

				5,341,276


Real Estate 0.2%
British Land Co. plc		23,408		223,904
Capital Shopping Centres Group plc		15,967		97,577
Hammerson plc		17,173		130,943
Land Securities Group plc		25,479		356,009
SEGRO plc		21,272		105,186

				913,619


Retailing 0.4%
Debenhams plc		64,322		70,249
Dixons Retail plc *		580,775		134,989
Home Retail Group plc		65,352		145,271
Inchcape plc		20,982		133,664
Kesa Electricals plc		51,625		110,325
Kingfisher plc		92,973		383,969
Marks & Spencer Group plc		75,118		425,685
Next plc		5,492		213,478

				1,617,630


Software & Services 0.1%
Logica plc		56,395		107,560
The Sage Group plc		24,413		109,682

				217,242


Technology Hardware & Equipment 0.0%
Electrocomponents plc		13,526		51,465


Telecommunication Services 1.9%
BT Group plc		418,185		1,375,612
Cable & Wireless Communications plc		210,215		127,671
Cable & Wireless Worldwide plc		75,470		51,869
Inmarsat plc		6,130		54,250
Vodafone Group plc		1,909,161		5,353,963

				6,963,365


Transportation 0.1%
easyJet plc *		11,737		70,462
FirstGroup plc		27,047		161,549
International Consolidated Airlines Group S.A. *		33,080		128,461
National Express Group plc		21,965		94,446
Stagecoach Group plc		18,938		77,539

				532,457


Utilities 1.0%
Centrica plc		145,190		728,874
Drax Group plc		29,010		254,338
International Power plc		54,230		271,438
National Grid plc		107,616		1,052,958
Pennon Group plc		8,268		98,017
Scottish & Southern Energy plc		34,653		742,486
Severn Trent plc		8,381		196,299
United Utilities Group plc		35,286		340,122

				3,684,532

				71,982,397

Total Common Stock
(Cost $336,957,131)				366,224,368




Preferred Stock 0.5% of net assets

Germany 0.5%


Automobiles & Components 0.4%
Porsche Automobil Holding SE		3,076		236,378
Volkswagen AG		6,171		1,231,832

				1,468,210


Household & Personal Products 0.1%
Henkel AG & Co. KGaA		3,043		205,151

				1,673,361

Italy 0.0%


Diversified Financials 0.0%
EXOR S.p.A.		1,888		52,104


Insurance 0.0%
Unipol Gruppo Finanziario S.p.A. *		175,514		63,952

				116,056

Total Preferred Stock
(Cost $1,230,024)				1,789,417




Rights 0.0% of net assets

Ireland 0.0%
The Governor & Company of the Bank of Ireland (a)(b)*		960,785		138

Total Rights
(Cost $34,440)				138




Warrants 0.0% of net assets

Spain 0.0%
Promotora de Informaciones SA *		3,766		1,407

Total Warrants
(Cost $—)				1,407




Other Investment Company 0.8% of net assets

United States 0.8%
iShares MSCI EAFE Index Fund		55,000		3,225,750

Total Other Investment Company
(Cost $3,105,513)				3,225,750

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.2% of net assets

Time Deposit 0.2%
Citibank
0.03%, 08/01/11		830,567		830,567

Total Short-Term Investment
(Cost $830,567)				830,567



End of Investments.


	Number		Value
Security	of Shares		($)

Collateral Invested for Securities on Loan 0.2% of net assets


Invesco Short-Term Investments Trust Government & Agency Portfolio		782,301		782,301

Total Collateral Invested for Securities on Loan
(Cost $782,301)				782,301



End of Collateral Invested for Securities on Loan.

At 07/31/11, the tax basis cost of the fund’s investments was $368,121,748 unrealized appreciation and depreciation were $32,939,347 and ($28,989,448), respectively, with a net unrealized appreciation of $3,949,899.

At 07/31/11, the values of certain foreign securities held by the fund aggregating $336,689,200 were adjusted from their closing market values in accordance with procedures approved by the Board of Trustees.


*		Non-income producing security.
(a)		Fair-valued by management in accordance with procedures approved by the Board of Trustees.
(b)		Illiquid security. At the period end, the value of these amounted to $655,274 or 0.2% of net assets.
(c)		All or a portion of this security is on loan.


CVA —		Dutch Certificate
FDR —		Fiduciary Depositary Receipt
Reg’d —		Registered
REIT —		Real Estate Investment Trust


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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 funds value their holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of the foreign markets. The Board of Trustees 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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund in estimating the value

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


		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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$—		$91,228,843		$—		$91,228,843
Consumer Services
Consumer Services		113,818		212,633		—		326,451
Food, Beverage & Tobacco
Food, Beverage & Tobacco		275,464		160,912		—		436,376
Austria(a)		—		1,439,028		—		1,439,028
Telecommunication Services		209,750		—		—		209,750
Belgium(a)		—		2,772,058		—		2,772,058
Food & Staples Retailing		440,285		—		—		440,285
Canada(a)		21,711,796		—		—		21,711,796
France(a)		—		38,281,912		—		38,281,912
Media		209,322		1,877,373		—		2,086,695
Germany(a)		—		28,032,447		—		28,032,447
Retailing		65,004		32,004		—		97,008
Telecommunication Services		63,860		3,246,909		—		3,310,769
Greece(a)		—		1,207,550		—		1,207,550
Food, Beverage & Tobacco		72,232		—		—		72,232
Hong Kong(a)		—		5,518,741		—		5,518,741
Utilities		264,827		562,044		—		826,871
Ireland(a)		—		132,575		—		132,575
Capital Goods		78,748		—		—		78,748
Food, Beverage & Tobacco		90,207		—		—		90,207
Materials		59,559		538,569		—		598,128
Italy(a)		—		16,239,313		—		16,239,313
Food, Beverage & Tobacco		129,825		—		—		129,825
Netherlands(a)		—		14,099,988		—		14,099,988
Transportation		127,387		98,187		—		225,574
Norway(a)		—		1,897,186		—		1,897,186
Energy		34,333		1,423,007		—		1,457,340
Republic of Korea(a)		—		14,907,102		—		14,907,102
Banks		155,605		1,782,368		—		1,937,973
Food & Staples Retailing		106,943		—		—		106,943
Food, Beverage & Tobacco		118,345		—		—		118,345
Retailing		72,799		197,747		—		270,546
Spain(a)		—		8,668,621		—		8,668,621
Banks		3,838,856		2,869,127		—		6,707,983
Food & Staples Retailing		136,385		—		—		136,385

Schwab Fundamental International Large Company Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Sweden(a)		$—		$6,570,579		$—		$6,570,579
Capital Goods		58,365		2,760,308		—		2,818,673
Consumer Durables & Apparel		236,806		51,900		—		288,706
Retailing		790,804		—		—		790,804
Switzerland(a)		—		10,614,356		—		10,614,356
Capital Goods		46,523		834,638		—		881,161
Food, Beverage & Tobacco		135,176		3,519,224		—		3,654,400
Health Care Equipment & Services		84,918		—		—		84,918
Insurance		801,076		1,935,704		—		2,736,780
United Kingdom(a)		—		56,006,977		—		56,006,977
Commercial & Professional Supplies		88,758		687,863		—		776,621
Food, Beverage & Tobacco		68,416		5,203,978		—		5,272,394
Media		323,864		1,021,546		—		1,345,410
Retailing		134,989		1,482,641		—		1,617,630
Telecommunication Services		179,540		6,783,825		—		6,963,365
Preferred Stock(a)		—		1,789,417		—		1,789,417
Rights(a)		—		—		138		138
Warrants(a)		1,407		—		—		1,407
Other Investment Company(a)		3,225,750		—		—		3,225,750
Short-Term Investment(a)		—		830,567		—		830,567

Total		$34,551,742		$337,519,767		$138		$372,071,647

Other Financial Instruments
Collateral Invested for Securities on Loan		$782,301		$—		$—		$782,301


(a)		As categorized in Portfolio Holdings.

The following is a reconciliation of Level 3 Investments for which significant unobservable inputs were used to determine fair value:


	Balance							Change in										Balance
	as of		Accrued		Realized			Unrealized			Net			Gross		Gross		as of
	October 31,		Discounts		Gain			Gains			Purchases			Transfers		Transfers		July 31,
Investments in Securities	2010		(Premiums)		(Loss)			(Losses)			(Sales)			in		out		2011

Common Stock
United Kingdom		$6,965		$—		$114			($225	)		($6,854	)		$—		$—		$—
Rights
Ireland		—		—		(14,591	)		(34,302	)		49,031			—		—		138

Total		$6,965		$—		($14,477	)		($34,527	)		$42,177			$—		$—		$138

REG46848JUL11

Schwab Capital Trust
Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	98	.9%	Common Stock		89,983,475		101,269,852
	0	.4%	Preferred Stock		276,899		419,500
	0	.0%	Warrants		—		72
	0	.5%	Other Investment Company		511,040		514,680


	99	.8%	Total Investments		90,771,414		102,204,104
	0	.9%	Collateral Invested for Securities on Loan		904,066		904,066
	(0	.7)%	Other Assets and Liabilities, Net				(650,942	)


	100	.0%	Total Net Assets				102,457,228


	Number		Value
Security	of Shares		($)

Common Stock 98.9% of net assets

Australia 5.3%


Automobiles & Components 0.0%
Fleetwood Corp. Ltd.		2,218		27,848


Capital Goods 0.6%
Alesco Corp. Ltd.		15,412		48,501
Boart Longyear Group		18,778		83,280
Bradken Ltd.		7,474		70,600
Cardno Ltd.		4,455		26,385
Emeco Holdings Ltd.		39,358		49,667
GWA International Ltd.		16,601		47,345
Hastie Group Ltd.		53,642		8,840
Hills Industries Ltd.		26,326		33,434
Macmahon Holdings Ltd.		56,842		36,037
Monadelphous Group Ltd.		2,912		61,182
Seven Network Ltd.		5,631		56,521
UGL Ltd.		8,199		120,748

				642,540


Commercial & Professional Supplies 0.5%
Campbell Brothers Ltd.		1,525		77,074
Downer EDI Ltd.		37,657		158,188
Programmed Maintenance Services Ltd.		17,486		37,714
Seek Ltd.		5,826		42,279
Spotless Group Ltd.		39,823		89,189
Transfield Services Ltd.		25,473		93,441

				497,885


Consumer Durables & Apparel 0.1%
Billabong International Ltd.		11,648		75,254
G.U.D. Holdings Ltd.		4,072		37,927

				113,181


Consumer Services 0.3%
Ardent Leisure Group		22,494		29,767
Aristocrat Leisure Ltd.		35,911		96,161
Crown Ltd.		15,098		147,732
Flight Centre Ltd.		2,900		68,406

				342,066


Diversified Financials 0.2%
Challenger Ltd.		16,650		89,388
IOOF Holdings Ltd.		5,456		38,755
Perpetual Ltd.		3,189		82,340
Platinum Asset Management Ltd.		7,896		33,760

				244,243


Energy 0.2%
AWE Ltd. *		27,955		38,375
Beach Energy Ltd.		56,957		62,783
Energy Resources of Australia Ltd.		4,448		22,400
New Hope Corp., Ltd.		8,982		52,956
Paladin Energy Ltd. *		6,708		19,273

				195,787


Food, Beverage & Tobacco 0.1%
Elders Ltd. *		145,017		56,556
GrainCorp Ltd.		9,584		82,588

				139,144


Health Care Equipment & Services 0.5%
Ansell Ltd.		4,947		75,908
Cochlear Ltd.		1,065		82,870
Primary Health Care Ltd.		31,736		112,830
Ramsay Health Care Ltd.		5,328		102,195
Sigma Pharmaceuticals Ltd.		175,544		87,629

				461,432


Materials 0.9%
Adelaide Brighton Ltd.		21,328		61,435
Alumina Ltd.		48,118		114,543
Fortescue Metals Group Ltd.		5,996		41,538
Gunns Ltd. *		124,356		34,047
Iluka Resources Ltd.		6,658		129,795
James Hardie Industries N.V. CDI *		14,523		91,200
Kagara Ltd. *		35,378		23,695
Macarthur Coal Ltd.		4,817		82,356
Minara Resources Ltd.		94,267		69,206
Mount Gibson Iron Ltd. *		29,964		59,145
Nufarm Ltd. *		15,760		75,111
OZ Minerals Ltd.		9,126		136,270
PaperlinX Ltd. *		164,715		25,318

				943,659


Media 0.2%
APN News & Media Ltd.		20,063		24,378
Consolidated Media Holdings Ltd.		8,653		22,994
Fairfax Media Ltd.		71,150		68,724
STW Communications Group Ltd.		19,814		20,408
Ten Network Holdings Ltd.		48,692		57,635

				194,139

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Real Estate 0.7%
Abacus Property Group		13,132		30,099
Australand Property Group		22,569		62,203
Bunnings Warehouse Property Trust		18,086		34,273
Centro Retail Group *		95,828		36,930
Charter Hall Group		12,731		29,242
Charter Hall Office REIT		34,467		125,692
Charter Hall Retail REIT		17,091		58,537
Commonwealth Property Office Fund		128,041		133,764
FKP Property Group		41,444		28,888
ING Office Fund		157,431		110,663
Westfield Retail Trust		10,783		28,867

				679,158


Retailing 0.4%
David Jones Ltd.		30,451		100,183
Harvey Norman Holdings Ltd.		36,661		87,718
JB Hi-Fi Ltd.		3,730		61,403
Pacific Brands Ltd.		121,711		86,922
Premier Investments Ltd.		6,037		36,767

				372,993


Software & Services 0.0%
Iress Market Technology Ltd.		3,060		29,039


Transportation 0.2%
ConnectEast Group		153,712		89,399
Virgin Blue Holdings Ltd. *		292,310		94,813

				184,212


Utilities 0.4%
APA Group		31,878		140,694
Envestra Ltd.		78,387		58,484
Infigen Energy		187,167		67,900
SP Ausnet		110,093		111,135

				378,213

				5,445,539

Austria 1.0%


Capital Goods 0.3%
Andritz AG		1,602		155,399
Semperit AG Holding		801		38,882
Strabag SE - BR		5,178		148,938

				343,219


Energy 0.0%
Schoeller-Bleckmann Oilfield Equipment AG		318		31,048


Materials 0.1%
Mayr-Melnhof Karton AG		482		50,865
RHI AG		1,733		46,263

				97,128


Real Estate 0.3%
Atrium European Real Estate Ltd.		11,066		70,852
CA Immobilien Anlagen AG *		5,408		91,229
Conwert Immobilien Invest SE		4,772		77,243
Sparkassen Immobilien AG *		4,076		26,648

				265,972


Transportation 0.2%
Flughafen Wien AG		986		48,667
Oesterreichische Post AG		3,671		109,227

				157,894


Utilities 0.1%
Verbund AG		2,680		109,635

				1,004,896

Belgium 1.3%


Capital Goods 0.1%
Compagnie d’Enterprises CFE		954		62,440


Diversified Financials 0.3%
Ackermans & van Haaren N.V.		1,226		108,420
Banque Nationale de Belgique		8		33,577
Gimv N.V.		688		41,995
RHJ International *		8,573		57,528
Sofina S.A.		956		96,387

				337,907


Energy 0.0%
Euronav S.A.		2,931		32,463


Health Care Equipment & Services 0.1%
Omega Pharma S.A.		1,156		57,124


Materials 0.2%
Nyrstar *		8,110		107,428
Tessenderlo Chemie N.V.		3,247		130,335

				237,763


Media 0.1%
RTL Group		544		51,348


Real Estate 0.2%
Befimmo S.C.A.		984		82,803
Cofinimmo		920		127,554

				210,357


Technology Hardware & Equipment 0.1%
Barco N.V.		518		37,089
EVS Broadcast Equipment S.A.		408		25,689

				62,778


Telecommunication Services 0.2%
Mobistar S.A.		1,548		107,896
Telenet Group Holding N.V. *		2,494		101,918

				209,814


Transportation 0.0%
Compagnie Maritime Belge S.A.		1,218		30,803

				1,292,797

Canada 7.6%


Automobiles & Components 0.1%
Linamar Corp.		4,333		87,254
Martinrea International, Inc. *		5,378		44,073

				131,327


Banks 0.3%
Canadian Western Bank		2,221		70,783
Genworth MI Canada, Inc.		2,700		66,861
Home Capital Group, Inc.		800		43,129
Laurentian Bank of Canada		1,663		74,599

				255,372

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Capital Goods 0.4%
Aecon Group, Inc.		4,800		42,351
ATS Automation Tooling Systems, Inc. *		5,000		40,818
CAE, Inc.		7,999		104,650
Russel Metals, Inc.		5,503		134,083
Toromont Industries Ltd.		3,216		61,227

				383,129


Commercial & Professional Supplies 0.3%
Progressive Waste Solutions Ltd.		4,500		101,214
Ritchie Bros. Auctioneers, Inc.		2,100		57,673
Stantec, Inc. *		1,800		51,300
Transcontinental, Inc., Class A		6,337		101,278

				311,465


Consumer Durables & Apparel 0.2%
Dorel Industries, Inc., Class B		2,510		73,530
Gildan Activewear, Inc.		3,102		92,984

				166,514


Consumer Services 0.2%
Great Canadian Gaming Corp. *		4,000		32,613
Tim Hortons, Inc.		3,200		153,561
Transat A.T., Inc., Class A *		4,600		52,237

				238,411


Diversified Financials 0.4%
AGF Management Ltd., Class B		6,372		115,909
Canaccord Financial, Inc.		2,400		32,404
Dundee Corp., Class A *		3,787		97,900
GMP Capital, Inc.		5,000		60,181
TMX Group, Inc.		2,726		124,510

				430,904


Energy 1.8%
Advantage Oil & Gas Ltd. *		18,600		129,263
AltaGas Ltd.		5,800		160,624
Birchcliff Energy Ltd. *		2,400		34,865
Connacher Oil & Gas Ltd. *		20,500		22,100
Crew Energy, Inc. *		1,600		25,454
Daylight Energy Ltd.		9,600		92,036
Denison Mines Corp. *		7,200		15,222
Enerflex Ltd.		3,216		39,516
Ensign Energy Services, Inc.		8,092		174,298
Fairborne Energy Ltd. *		9,462		48,130
Flint Energy Services Ltd. *		3,028		39,964
Galleon Energy, Inc., Class A *		9,800		35,181
MEG Energy Corp. *		2,300		123,877
Mullen Group Ltd.		6,200		144,382
Niko Resources Ltd.		600		41,264
Nuvista Energy Ltd.		4,900		52,516
Pacific Rubiales Energy Corp.		2,200		63,275
PetroBakken Energy Ltd., Class A		2,200		32,374
Petrobank Energy & Resources Ltd. *		4,600		71,254
Petrominerales Ltd.		1,000		31,901
Progress Energy Resources Corp.		9,600		139,260
Savanna Energy Services Corp. *		4,000		40,902
ShawCor Ltd., Class A		1,522		47,789
Trican Well Service Ltd.		2,441		63,896
Trilogy Energy Corp.		2,300		65,477
Trinidad Drilling Ltd.		12,251		128,094
Uranium One, Inc.		6,000		21,163

				1,884,077


Food & Staples Retailing 0.1%
The Jean Coutu Group (PJC), Inc., Class A		8,800		110,524


Food, Beverage & Tobacco 0.2%
Cott Corp. *		9,200		76,262
Maple Leaf Foods, Inc.		9,114		108,744

				185,006


Health Care Equipment & Services 0.1%
CML Healthcare, Inc.		7,362		69,964
SXC Health Solutions Corp. *		800		50,632

				120,596


Materials 1.7%
Agnico-Eagle Mines Ltd.		1,673		93,048
AuRico Gold, Inc. *		3,800		46,135
Canfor Corp. *		7,898		85,060
Cascades, Inc.		15,345		99,254
CCL Industries, Inc., Class B		1,927		65,346
Centerra Gold, Inc.		2,580		50,577
Eldorado Gold Corp.		7,000		120,519
Franco-Nevada Corp.		2,197		91,863
Golden Star Resources Ltd. *		8,600		21,602
Harry Winston Diamond Corp. *		4,745		73,898
HudBay Minerals, Inc.		7,196		99,040
IAMGOLD Corp.		5,465		109,363
Inmet Mining Corp.		1,696		117,137
Lake Shore Gold Corp. *		6,800		15,444
Lundin Mining Corp. *		16,609		124,813
Major Drilling Group International, Inc.		700		10,447
New Gold, Inc. *		7,400		80,006
Norbord, Inc. *		2,195		24,260
Northgate Minerals Corp. *		15,400		49,644
Osisko Mining Corp. *		2,000		29,661
PAN American Silver Corp.		1,800		54,314
Quadra FNX Mining Ltd. *		4,965		79,039
Silver Wheaton Corp.		1,974		71,092
Thompson Creek Metals Co., Inc. *		5,917		53,507
West Fraser Timber Co., Ltd.		2,023		96,783

				1,761,852


Media 0.2%
Astral Media, Inc., Class A		2,052		78,412
Cogeco Cable, Inc.		1,253		63,053
Corus Entertainment, Inc., Class B		1,283		28,790
Torstar Corp., Class B		3,806		44,615

				214,870


Real Estate 0.9%
Allied Properties Real Estate Investment Trust		1,600		39,353
Artis Real Estate Investment Trust		1,800		26,168
Boardwalk Real Estate Investment Trust		1,470		77,035
Calloway Real Estate Investment Trust		4,170		109,373
Canadian Apartment Properties Real Estate Investment Trust		3,175		65,098
Canadian Real Estate Investment Trust		2,632		91,925
Chartwell Seniors Housing Real Estate Investment Trust		8,408		69,168
Cominar Real Estate Investment Trust		2,692		63,704

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Dundee Real Estate Investment Trust		1,318		44,722
Extendicare Real Estate Investment Trust		8,477		90,320
First Capital Realty, Inc.		2,779		48,922
FirstService Corp. *		1,400		50,450
InnVest Real Estate Investment Trust		9,923		59,094
Morguard REIT		2,300		37,625
Primaris Retail Real Estate Investment Trust		3,192		69,022

				941,979


Retailing 0.2%
Dollarama, Inc. *		2,300		76,935
Reitmans (Canada) Ltd., Class A		3,325		51,818
The Forzani Group Ltd., Class A		2,400		66,239

				194,992


Software & Services 0.2%
MacDonald, Dettwiler & Associates Ltd.		1,232		68,302
Open Text Corp. *		1,423		96,048

				164,350


Telecommunication Services 0.1%
Manitoba Telecom Services, Inc.		4,000		129,656


Transportation 0.1%
TransForce, Inc.		9,400		137,933


Utilities 0.1%
Atlantic Power Corp. (c)*		3,800		59,101

				7,822,058

China 0.1%


Capital Goods 0.0%
CITIC Resources Holdings Ltd. *		158,000		29,143


Retailing 0.1%
Dah Chong Hong Holdings Ltd.		42,000		55,128

				84,271

Denmark 1.2%


Banks 0.1%
Sydbank A/S		4,826		113,114


Capital Goods 0.1%
NKT Holding A/S		1,326		81,952
Rockwool International A/S, B Shares		245		28,893

				110,845


Consumer Durables & Apparel 0.0%
Bang & Olufsen A/S *		2,024		23,962


Energy 0.0%
Torm A/S *		10,136		36,889


Food, Beverage & Tobacco 0.1%
East Asiatic Co., Ltd. A/S		2,803		86,834


Health Care Equipment & Services 0.2%
Coloplast A/S, Class B		672		103,314
GN Store Nord A/S		5,353		48,445
William Demant Holdings A/S *		445		38,996

				190,755


Insurance 0.3%
Topdanmark A/S *		978		175,132
Tryg A/S		2,552		139,303

				314,435


Materials 0.2%
Novozymes A/S, Class B		919		149,872


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Alk-Abello A/S		520		29,050
H. Lundbeck A/S		2,558		64,005

				93,055


Software & Services 0.1%
SimCorp A/S		324		59,990


Transportation 0.0%
D/S Norden A/S		1,055		34,733

				1,214,484

Finland 1.4%


Capital Goods 0.4%
Cargotec Corp., B Shares		2,777		107,195
Cramo Oyj		1,471		28,640
Konecranes Oyj		2,847		90,467
Ramirent Oyj		3,294		34,221
Uponor Oyj		7,722		114,003

				374,526


Commercial & Professional Supplies 0.1%
Lassila & Tikanoja Oyj		2,118		34,694
Poyry Oyj		3,075		40,977

				75,671


Consumer Durables & Apparel 0.1%
Amer Sports Oyj, A Shares		8,631		130,751


Food, Beverage & Tobacco 0.0%
HKScan Oyj, A Shares		4,792		35,461


Health Care Equipment & Services 0.0%
Oriola-KD Oyj, Class B		8,602		26,451


Materials 0.2%
Kemira Oyj		6,715		107,835
M-real Oyj, Class B *		30,723		113,132

				220,967


Media 0.1%
Sanoma Oyj (c)		4,808		84,173


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
Orion Oyj, Class B		6,229		150,525


Real Estate 0.1%
Citycon Oyj		7,500		30,606
Sponda Oyj		16,770		92,341

				122,947


Retailing 0.1%
Stockmann Oyj Abp, B Shares		1,765		46,411


Software & Services 0.1%
Tieto Oyj		7,582		112,410


Transportation 0.0%
Finnair Oyj *		4,666		22,662

				1,402,955

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

France 4.0%


Automobiles & Components 0.1%
Plastic Omnium S.A.		2,573		89,190
Societe Fonciere Financiere et de Participations (FFP)		692		49,468

				138,658


Capital Goods 0.1%
Manitou BF *		852		25,980
Mersen S.A.		1,074		58,040
Saft Groupe S.A.		1,422		46,239

				130,259


Commercial & Professional Supplies 0.6%
Bureau Veritas S.A.		1,384		112,876
Derichebourg S.A. *		9,597		63,335
Edenred		4,696		135,220
Seche Environnement S.A.		312		25,038
Societe BIC S.A.		1,791		169,133
Teleperformance		3,656		94,190

				599,792


Consumer Durables & Apparel 0.4%
Beneteau		1,501		26,977
Hermes International		540		186,412
Nexity		2,626		118,123
SEB S.A.		1,098		108,219

				439,731


Consumer Services 0.1%
Club Mediterranee S.A. *		3,105		73,591
Pierre & Vacances		477		37,710

				111,301


Energy 0.1%
Maurel et Prom		6,196		142,225


Food, Beverage & Tobacco 0.2%
Bonduelle S.C.A.		488		46,851
Remy Cointreau S.A.		837		74,692
Vilmorin & Cie		262		28,401

				149,944


Health Care Equipment & Services 0.1%
bioMerieux		552		61,044
Medica S.A.		1,621		33,921

				94,965


Insurance 0.1%
Euler Hermes S.A.		1,032		90,612


Materials 0.2%
Ciments Francais S.A.		956		98,682
SA des Ciments Vicat		948		70,091
Sequana		3,482		41,896

				210,669


Media 0.4%
Canal Plus		4,272		28,973
Eutelsat Communications		2,342		100,894
Havas S.A.		24,129		112,943
Ipsos		1,146		54,222
JC Decaux S.A. *		2,436		67,311
Technicolor - Reg’d *		14,942		82,479

				446,822


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Ipsen S.A.		809		26,384
Virbac S.A.		176		30,762

				57,146


Real Estate 0.5%
Gecina S.A.		1,168		162,098
ICADE		1,124		129,435
Mercialys		1,442		60,037
Societe de la Tour Eiffel		420		36,198
Societe Immobilliere de Location pour l’Industrie et le Commerce		609		79,028

				466,796


Retailing 0.2%
CFAO		3,349		143,079


Semiconductors & Semiconductor Equipment 0.0%
Silicon-On-Insulator Technologies *		3,880		34,652


Software & Services 0.4%
Alten		1,225		45,700
Altran Technologies S.A. *		12,638		100,579
Axway Software S.A. *		673		17,455
Dassault Systemes S.A.		1,210		106,767
Groupe Steria S.C.A.		2,144		54,258
Sopra Group		297		22,255
UbiSoft Entertainment S.A. *		10,340		86,051

				433,065


Technology Hardware & Equipment 0.1%
Bull *		7,391		44,460
Ingenico S.A.		733		30,891

				75,351


Telecommunication Services 0.0%
Iliad S.A.		276		35,391


Transportation 0.2%
Aeroports de Paris (ADP)		1,406		127,807
Bollore		260		61,717

				189,524


Utilities 0.1%
Rubis		1,400		81,694
Sechilienne S.A.		2,111		50,353

				132,047

				4,122,029

Germany 3.7%


Automobiles & Components 0.2%
ElringKlinger AG		823		24,598
Leoni AG		2,669		150,161

				174,759


Banks 0.1%
Aareal Bank AG *		3,642		107,955


Capital Goods 1.2%
Bauer AG		1,231		49,485
BayWa AG		2,652		108,730
Brenntag AG		1,022		104,182
Deutz AG *		9,206		88,883
Gildemeister AG *		4,002		73,354
Heidelberger Druckmaschinen AG *		27,395		77,589
Kloeckner & Co., SE		3,292		80,165

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Krones AG		882		67,515
KUKA AG *		2,007		53,582
MTU Aero Engines Holding AG		2,116		156,215
Pfeiffer Vacuum Technology AG		258		28,854
Rheinmetall AG		814		68,132
SGL Carbon SE (c)*		3,642		189,897
Vossloh AG		504		64,106

				1,210,689


Consumer Durables & Apparel 0.1%
Gerry Weber International AG		1,036		34,325
Puma AG Rudolf Dassler Sport		276		84,943

				119,268


Diversified Financials 0.0%
Deutsche Beteiligings AG		1,158		30,741


Food, Beverage & Tobacco 0.2%
Suedzucker AG		4,546		160,289


Health Care Equipment & Services 0.1%
Rhoen-klinikum AG		3,989		99,407


Materials 0.3%
Demag Cranes AG (b)		1,070		69,955
Fuchs Petrolub AG		1,194		57,825
H&R WASAG AG		1,302		37,436
Wacker Chemie AG		662		125,186

				290,402


Media 0.3%
Axel Springer AG		2,538		112,283
Kabel Deutschland Holding AG *		2,084		117,302
Sky Deutschland AG *		11,138		52,766

				282,351


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
QIAGEN N.V. *		6,819		114,694
Stada Arzneimittel AG		3,505		133,541

				248,235


Real Estate 0.3%
Deutsche Euroshop AG		2,249		85,965
Deutsche Wohnen AG		3,731		60,580
DIC Asset AG		2,410		25,652
Gagfah S.A.		5,476		37,289
IVG Immobilien AG *		8,034		55,365

				264,851


Retailing 0.1%
Fielmann AG		448		46,787
Medion AG		2,224		42,215

				89,002


Semiconductors & Semiconductor Equipment 0.1%
Aixtron SE		716		19,235
Kontron AG		3,006		30,128
Q-Cells SE (c)*		11,462		20,066
Solarworld AG (c)		6,260		71,421

				140,850


Software & Services 0.2%
Bechtle AG		1,333		61,095
Software AG		1,629		79,404
United Internet AG - Reg’d		3,356		68,238

				208,737


Technology Hardware & Equipment 0.0%
Jenoptik AG *		3,622		28,178


Transportation 0.3%
Air Berlin plc *		12,818		54,886
Fraport AG		1,920		153,836
Hamburger Hafen und Logistik AG		1,225		48,916
Sixt AG		2,376		62,461

				320,099

				3,775,813

Greece 0.6%


Banks 0.0%
TT Hellenic Postbank S.A. *		7,202		26,191


Capital Goods 0.1%
Ellaktor S.A.		11,458		44,476


Consumer Services 0.0%
Intralot S.A. Integrated Lottery		16,713		30,496


Diversified Financials 0.1%
Hellenic Exchanges S.A.		4,342		30,443
Marfin Investment Group S.A. *		75,562		48,848

				79,291


Energy 0.2%
Hellenic Petroleum S.A.		8,368		77,252
Motor Oil (Hellas) Corinth Refineries S.A.		9,108		103,431

				180,683


Materials 0.2%
Mytilineos Holdings S.A. *		9,551		67,138
Titan Cement Co.		3,756		77,400
Viohalco, Hellenic Copper & Aluminum Industry S.A. *		7,091		42,351

				186,889


Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Alapis Holding Industrial & Commercial S.A. *		21,641		10,851


Retailing 0.0%
Jumbo S.A.		6,071		42,869

				601,746

Hong Kong 5.9%


Automobiles & Components 0.1%
Geely Automobile Holdings Ltd.		60,000		23,745
Minth Group Ltd.		20,000		32,093
Xinyi Glass Holdings Co., Ltd.		52,000		43,766

				99,604


Banks 0.1%
Dah Sing Banking Group Ltd.		16,600		22,089
Dah Sing Financial Group		10,150		49,177
Wing Hang Bank Ltd.		8,500		91,215

				162,481


Capital Goods 0.3%
China High Speed Transmission Equipment Group Co., Ltd.		34,000		26,440
Johnson Electric Holdings Ltd.		91,500		53,799
NWS Holdings Ltd.		54,000		78,301

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Shun Tak Holdings Ltd.		121,000		79,606
Singamas Container Holdings Ltd.		82,000		28,353

				266,499


Consumer Durables & Apparel 0.4%
Anta Sports Products Ltd.		18,000		27,134
Bosideng International Holdings Ltd.		124,000		36,313
China Dongxiang Group Co.		135,000		30,715
Li Ning Co., Ltd.		23,500		28,699
Ports Design Ltd.		13,000		27,467
Skyworth Digital Holdings Ltd.		92,000		59,180
Stella International Holdings Ltd.		14,000		38,218
Techtronic Industries Co., Ltd.		80,000		83,466
Texwinca Holdings Ltd.		46,000		64,749

				395,941


Consumer Services 0.6%
Cafe De Coral Holdings Ltd.		18,000		45,326
China Travel International Investment Hong Kong Ltd.		190,000		39,456
Sands China Ltd. *		35,200		105,944
Shangri-La Asia Ltd.		52,000		133,925
SJM Holdings Ltd.		94,000		236,391
The Hongkong & Shanghai Hotels Ltd.		27,000		42,625

				603,667


Diversified Financials 0.2%
First Pacific Co., Ltd.		179,000		179,977
Guoco Group Ltd.		4,000		48,781

				228,758


Energy 0.0%
Mongolia Energy Co., Ltd. *		215,000		27,256


Food, Beverage & Tobacco 0.6%
China Mengniu Dairy Co., Ltd.		35,000		121,175
China Yurun Food Group Ltd.		24,000		75,327
Global Bio-chem Technology Group Co., Ltd.		338,000		124,590
Tingyi (Cayman Islands) Holding Corp.		48,000		149,029
Vitasoy International Holdings Ltd.		32,000		23,362
Want Want China Holdings Ltd.		123,000		109,459

				602,942


Household & Personal Products 0.1%
Hengan International Group Co., Ltd.		14,000		121,572


Materials 0.4%
China Grand Forestry Green Resources Group Ltd. (a)*		896,000		16,440
China Shanshui Cement Group		68,000		82,471
China Zhongwang Holdings Ltd. (c)		177,600		84,269
Fosun International		132,000		107,566
Fushan International Energy Group Ltd.		58,000		32,686
Lee & Man Paper Manufacturing Ltd.		61,000		30,713
Nine Dragons Paper Holdings Ltd.		47,000		39,845
Samling Global Ltd.		360,000		38,273

				432,263


Media 0.1%
Television Broadcasts Ltd.		18,000		123,101


Real Estate 1.4%
Agile Property Holdings Ltd.		62,000		99,894
Champion Real Estate Investment Trust (c)		113,000		62,309
Chinese Estates Holdings Ltd.		23,000		39,928
Country Garden Holdings Co.		164,000		83,989
Great Eagle Holdings Ltd.		36,000		118,559
Greentown China Holdings Ltd.		43,500		38,913
HKR International Ltd.		59,200		33,556
Hopewell Holdings Ltd.		28,500		92,241
Hopson Development Holdings Ltd.		69,000		62,976
Hysan Development Co., Ltd.		31,000		145,278
K Wah International Holdings Ltd.		57,000		19,943
Kowloon Development Co., Ltd.		26,000		34,929
KWG Property Holding Ltd.		47,000		32,780
Midland Holdings Ltd.		36,000		20,924
New World China Land Ltd.		129,600		46,479
Renhe Commercial Holdings (c)		288,000		56,871
Shimao Property Holdings Ltd.		65,500		86,378
Shui On Land Ltd.		172,900		76,411
Soho China Ltd.		88,000		79,635
SRE Group Ltd.		412,000		29,591
Wheelock & Co., Ltd.		42,000		180,355

				1,441,939


Retailing 0.5%
Belle International Holdings Ltd.		74,000		161,523
Giordano International Ltd.		103,000		78,459
GOME Electrical Appliances Holdings Ltd.		420,000		198,151
Lifestyle International Holdings Ltd.		17,000		55,519
Parkson Retail Group Ltd.		22,000		30,936

				524,588


Semiconductors & Semiconductor Equipment 0.2%
ASM Pacific Technology Ltd.		5,500		60,325
GCL-Poly Energy Holdings Ltd.		58,000		32,652
Semiconductor Manufacturing International Corp. *		1,822,000		108,788

				201,765


Software & Services 0.1%
Tencent Holdings Ltd.		3,000		77,882


Technology Hardware & Equipment 0.5%
AAC Technologies Holdings, Inc.		16,000		36,872
BYD Electronic International Co., Ltd. *		38,500		13,707
Digital China Holdings Ltd.		44,700		76,137
Foxconn International Holdings Ltd. *		192,000		87,392
Ju Teng International Holdings Ltd.		74,000		19,286
Kingboard Laminates Holding Ltd.		54,000		32,365
TPV Technology Ltd.		160,000		79,798
VTech Holdings Ltd.		13,000		151,982

				497,539


Telecommunication Services 0.1%
Hutchison Telecommunications Hong Kong Holdings Ltd.		84,000		29,830
SmarTone Telecommunications Holdings Ltd.		18,000		27,794

				57,624


Transportation 0.1%
Hong Kong Aircraft Engineering Co., Ltd.		2,800		39,131

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Hopewell Highway Infrastructure Ltd.		49,900		32,144

				71,275


Utilities 0.1%
Cheung Kong Infrastructure Holdings Ltd.		10,000		57,620
China Gas Holdings Ltd.		76,000		28,483
ENN Energy Holdings Ltd.		16,000		53,999

				140,102

				6,076,798

Ireland 0.6%


Capital Goods 0.2%
Grafton Group plc		17,271		72,216
Kingspan Group plc		8,707		87,578

				159,794


Consumer Services 0.1%
Paddy Power plc		1,293		63,262


Food, Beverage & Tobacco 0.2%
C&C Group plc		19,360		98,477
Glanbia plc		7,962		52,272
Greencore Group plc		30,019		40,546

				191,295


Health Care Equipment & Services 0.0%
United Drug plc		14,210		47,696


Insurance 0.0%
Irish Life & Permament Group Holdings plc *		34,848		2,404


Media 0.0%
Independent News & Media plc *		45,416		21,803


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Elan Corp. plc *		6,996		78,184


Transportation 0.0%
Aer Lingus Group plc *		25,632		24,934

				589,372

Israel 1.2%


Banks 0.2%
Israel Discount Bank Ltd., Class A *		66,130		127,724
Mizrahi Tefahot Bank Ltd.		5,837		61,332

				189,056


Capital Goods 0.3%
Clal Industries Ltd.		4,437		29,196
Delek Group Ltd.		298		66,421
Discount Investment Corp. - Reg’d		7,234		99,929
Elbit Systems Ltd.		979		46,310
IDB Holding Corp., Ltd.		1,148		25,946

				267,802


Energy 0.1%
Oil Refineries Ltd. *		160,560		108,149
Paz Oil Co., Ltd.		286		45,068

				153,217


Food & Staples Retailing 0.0%
Shufersal Ltd.		6,581		36,921


Food, Beverage & Tobacco 0.0%
Strauss Group Ltd.		1,931		28,978


Insurance 0.1%
Clal Insurance Enterprise Holdings Ltd.		949		21,293
Harel Insurance Investments & Finances Service Ltd.		469		24,473
Migdal Insurance & Financial Holdings Ltd.		18,191		30,949

				76,715


Materials 0.2%
Makhteshim-Agan Industries Ltd. *		16,770		92,580
The Israel Corp., Ltd.		114		123,659

				216,239


Real Estate 0.1%
Delek Real Estate Ltd. *		119,906		7,743
Gazit-Globe Ltd.		3,672		43,803

				51,546


Software & Services 0.1%
NICE Systems Ltd. *		1,927		68,676


Telecommunication Services 0.1%
Partner Communications Co., Ltd.		6,968		99,958

				1,189,108

Italy 2.7%


Automobiles & Components 0.1%
Brembo S.p.A.		2,675		35,944
Immsi S.p.A.		25,302		28,431
Piaggio & C. S.p.A.		11,743		48,544

				112,919


Banks 0.1%
Credito Emiliano S.p.A.		9,676		48,935


Capital Goods 0.4%
Astaldi S.p.A.		4,661		28,632
C.I.R. S.p.A. - Compagnie Industriali Riunite		53,010		124,142
Danieli S.p.A. - Officine Meccaniche Danieli & C.		1,418		37,883
Danieli S.p.A. - Officine Meccaniche Danieli & C. - RSP		2,943		42,862
Impregilo S.p.A.		45,661		129,522
Interpump Group S.p.A.		3,861		31,303
Maire Tecnimont S.p.A.		9,159		14,970
Trevi Finanziaria S.p.A.		2,104		26,980

				436,294


Consumer Durables & Apparel 0.4%
Benetton Group S.p.A.		13,190		91,532
Bulgari S.p.A		7,000		123,874
De’Longhi S.p.A.		2,910		35,830
Geox S.p.A.		5,595		28,746
Indesit Co., S.p.A.		5,426		43,269
Safilo Group S.p.A. *		4,319		58,185
Tod’s S.p.A.		477		63,829

				445,265


Consumer Services 0.3%
Autogrill S.p.A.		9,984		131,403

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Lottomatica S.p.A. *		6,960		138,028

				269,431


Diversified Financials 0.0%
Azimut Holding S.p.A.		3,400		27,715


Food & Staples Retailing 0.0%
Marr S.p.A.		2,592		33,073


Food, Beverage & Tobacco 0.1%
Davide Campari-Milano S.p.A		9,381		77,387


Health Care Equipment & Services 0.0%
Sorin S.p.A. *		16,554		46,384


Insurance 0.2%
Mediolanum S.p.A		21,694		89,983
Milano Assicurazioni S.p.A. *		105,852		46,224
Societa Cattolica di Assicurazioni S.c.r.l.		4,236		102,503

				238,710


Materials 0.1%
Cementir Holding S.p.A.		8,284		21,500
Italmobiliare S.p.A.		3,830		100,074

				121,574


Media 0.2%
Gruppo Editoriale L’Espresso S.p.A.		15,653		36,350
Mondadori (Arnoldo) Editore S.p.A.		19,093		60,466
Seat Pagine Gialle S.p.A. (c)*		652,764		54,777

				151,593


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Recordati S.p.A.		4,798		52,269


Real Estate 0.1%
Beni Stabili S.p.A.		76,086		67,735
Prelios S.p.A *		91,666		49,979

				117,714


Technology Hardware & Equipment 0.0%
Esprinet S.p.A.		4,294		22,767


Telecommunication Services 0.0%
Tiscali S.p.A. (c)*		285,488		25,113


Transportation 0.2%
Alitalia S.p.A. (a)(b)*		14,782		—
Ansaldo STS S.p.A.		3,692		35,682
Autostrada Torino-Milano S.p.A.		5,028		58,740
Gemina S.p.A. *		52,402		53,083
Societa Iniziative Autostradali e Servizi S.p.A.		4,264		41,979

				189,484


Utilities 0.4%
ACEA S.p.A.		9,340		82,156
Edison S.p.A. *		79,168		95,750
Hera S.p.A.		62,400		123,023
Iren S.p.A.		53,622		88,430

				389,359

				2,805,986

Japan 31.4%


Automobiles & Components 2.2%
Akebono Brake Industry Co., Ltd.		7,200		40,067
Calsonic Kansei Corp.		11,000		71,754
EXEDY Corp.		1,600		60,456
F.C.C. Co., Ltd.		1,300		31,207
Futaba Industrial Co., Ltd.		12,900		102,900
Kanto Auto Works, Ltd.		9,400		94,459
Kayaba Industry Co., Ltd.		9,000		73,345
Keihin Corp.		2,900		64,702
Koito Manufacturing Co., Ltd.		5,000		85,953
Mitsuba Corp.		5,000		49,995
Musashi Seimitsu Industry Co., Ltd.		2,200		59,801
NGK Spark Plug Co., Ltd.		7,000		98,812
NHK Spring Co., Ltd.		11,000		117,126
Nifco, Inc.		2,100		56,174
Nippon Seiki Co., Ltd.		3,000		35,610
Nissan Shatai Co., Ltd.		7,000		57,824
Nissin Kogyo Co., Ltd.		3,800		70,194
Press Kogyo Co., Ltd.		8,000		45,857
Riken Corp.		7,000		34,317
Sanden Corp.		12,000		63,299
Showa Corp. *		8,000		59,825
Sumitomo Rubber Industries Ltd.		12,400		160,967
Tachi-S Co., Ltd.		2,100		40,684
Takata Corp.		2,700		80,648
Tokai Rika Co., Ltd.		3,300		64,617
Tokai Rubber Industries Ltd.		2,800		40,539
Toyo Tire & Rubber Co., Ltd.		32,000		88,955
Toyoda Gosei Co., Ltd.		4,400		96,072
Toyota Auto Body Co., Ltd.		4,400		79,681
Toyota Boshoku Corp.		8,200		137,784
TS Tech Co., Ltd.		2,900		55,356
Unipres Corp.		1,500		43,401
Yorozu Corp.		1,400		35,799

				2,298,180


Banks 2.8%
Aichi Bank Ltd.		600		32,854
Aozora Bank Ltd.		33,000		80,487
Bank of The Ryukyus Ltd.		3,400		44,581
Kansai Urban Banking Corp.		24,000		43,819
Kiyo Holdings, Inc.		51,000		72,163
Mizuho Trust & Banking Co., Ltd.		41,000		36,103
Sapporo Hokuyo Holdings, Inc.		17,600		76,072
Senshu Ikeda Holdings, Inc.		52,100		80,542
Suruga Bank Ltd.		11,000		95,481
The 77 Bank Ltd.		22,000		96,470
The Akita Bank Ltd.		10,000		30,487
The Aomori Bank Ltd.		12,000		38,591
The Awa Bank Ltd.		12,000		78,026
The Bank of Iwate Ltd.		1,200		48,969
The Bank of Nagoya Ltd.		16,000		50,196
The Bank of Okinawa Ltd.		1,400		65,632
The Daishi Bank Ltd.		26,000		79,244
The Ehime Bank Ltd.		9,000		26,456
The Eighteenth Bank Ltd.		8,000		21,685
The Fukui Bank Ltd.		11,000		32,274
The Higashi-Nippon Bank Ltd.		11,000		23,628
The Higo Bank Ltd.		13,000		73,406
The Hiroshima Bank Ltd.		29,000		127,555
The Hokkoku Bank Ltd.		21,000		73,841
The Hyakugo Bank Ltd.		19,000		75,260
The Hyakujushi Bank Ltd.		15,000		54,647
The Iyo Bank Ltd.		16,000		150,660
The Juroku Bank Ltd.		26,000		81,415
The Kagoshima Bank Ltd.		13,000		88,108

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
The Keiyo Bank Ltd.		9,000		47,442
The Minato Bank Ltd.		15,000		30,055
The Miyazaki Bank Ltd.		10,000		23,190
The Musashino Bank Ltd.		2,100		73,997
The Nanto Bank Ltd.		16,000		85,008
The Nishi-Nippon City Bank Ltd.		43,000		132,220
The Ogaki Kyoritsu Bank Ltd.		25,000		79,478
The Oita Bank Ltd.		9,000		26,966
The San-in Godo Bank Ltd.		13,000		100,949
The Shiga Bank Ltd.		16,000		93,758
The Shikoku Bank Ltd.		10,000		31,970
The Tochigi Bank Ltd.		6,000		22,812
The Toho Bank Ltd.		12,000		28,828
The Tokyo Tomin Bank Ltd.		3,000		40,437
The Yachiyo Bank Ltd.		1,200		35,878
The Yamagata Bank Ltd.		8,000		38,262
The Yamanashi Chuo Bank Ltd.		11,000		46,437
Tsukuba Bank Ltd.		9,800		31,147

				2,847,486


Capital Goods 5.6%
Aica Kogyo Co., Ltd.		3,400		48,226
Amano Corp.		4,700		44,874
Bando Chemical Industries Ltd.		6,000		26,245
Central Glass Co., Ltd.		17,000		85,116
Chiyoda Corp.		13,000		166,053
Chudenko Corp.		2,500		29,337
CKD Corp.		3,200		27,525
Comsys Holdings Corp.		10,300		102,585
Daifuku Co., Ltd.		8,500		54,806
Daihen Corp.		8,000		30,346
Ebara Corp.		22,000		129,395
Fujitec Co., Ltd.		7,000		41,292
Furukawa Co., Ltd. *		40,000		40,445
Futaba Corp.		2,600		47,376
Glory Ltd.		3,200		74,840
GS Yuasa Corp.		12,000		83,234
Hino Motors Ltd.		27,000		167,519
Hitachi Cable Ltd.		23,000		66,170
Hitachi Construction Machinery Co., Ltd.		5,800		130,827
Hitachi Zosen Corp.		64,000		105,253
Hoshizaki Electric Co., Ltd.		3,600		81,715
Inaba Denki Sangyo Co., Ltd.		2,600		72,203
Inabata & Co., Ltd.		9,300		58,943
Iseki & Co., Ltd. *		13,000		33,618
Iwatani Corp.		18,000		64,549
JFE Shoji Holdings, Inc.		30,000		149,728
Kandenko Co., Ltd.		10,000		46,731
Keihan Electric Railway Co., Ltd.		26,000		114,014
Kitz Corp.		10,000		56,804
Komori Corp.		5,600		46,958
Kumagai Gumi Co., Ltd. *		37,000		36,948
Kurita Water Industries Ltd.		4,300		124,877
Kuroda Electric Co., Ltd.		2,700		31,799
Kyowa Exeo Corp.		9,100		90,040
Kyudenko Corp.		5,000		35,064
Mabuchi Motor Co., Ltd.		1,800		93,063
Maeda Corp.		31,000		101,708
Maeda Road Construction Co., Ltd.		8,000		77,631
Makino Milling Machine Co., Ltd.		5,000		49,179
Max Co., Ltd.		3,000		37,952
Meidensha Corp.		10,000		42,601
Misumi Group, Inc.		1,300		36,284
Mitsuboshi Belting Ltd.		6,000		34,091
Miura Co., Ltd.		1,500		43,200
Mori Seiki Co., Ltd.		5,500		73,626
Nabtesco Corp.		1,000		25,402
Nachi-Fujikoshi Corp.		10,000		65,438
Nagase & Co., Ltd.		8,000		105,613
Namura Shipbuilding Co., Ltd.		5,400		24,018
NEC Networks & System Integration Corp.		2,300		34,357
Nichias Corp.		8,000		49,380
Nippo Corp.		11,000		88,460
Nippon Densetsu Kogyo Co., Ltd.		5,000		53,627
Nippon Steel Trading Co., Ltd.		8,000		24,088
Nippon Thompson Co., Ltd.		4,000		32,219
Nishimatsu Construction Co., Ltd.		65,000		97,322
Nitto Boseki Co., Ltd.		14,000		40,507
Noritake Co., Ltd.		7,000		27,956
Noritz Corp.		3,300		68,114
Oiles Corp.		1,400		29,323
Okuma Corp.		7,000		74,146
Okumura Corp.		15,000		56,266
OSG Corp.		3,200		51,438
Penta-Ocean Construction Co., Ltd.		37,000		84,800
Ryobi Ltd.		13,000		60,158
Sanki Engineering Co., Ltd.		8,000		46,342
Sankyo-Tateyama Holdings, Inc. *		43,000		58,706
Sanwa Holdings Corp.		25,000		88,036
Sekisui Jushi Corp.		4,000		42,259
Shima Seiki Mfg., Ltd.		1,700		40,794
ShinMaywa Industries Ltd.		10,000		39,677
Sintokogio Ltd.		3,500		36,366
Sumikin Bussan Corp.		14,000		34,927
Swcc Showa Holdings Co., Ltd. *		33,000		41,894
Tadano Ltd.		9,000		54,876
Taihei Dengyo Kaisha Ltd.		4,000		27,948
Taikisha Ltd.		2,400		48,926
Takara Standard Co., Ltd.		7,000		53,668
Takasago Thermal Engineering Co., Ltd.		7,000		57,709
Tekken Corp.		26,000		37,436
The Japan Steel Works Ltd.		9,000		63,072
The Nippon Signal Co., Ltd.		3,800		28,668
THK Co., Ltd.		4,700		121,849
Tobishima Corp. *		130,500		44,188
Toda Corp.		23,000		87,704
Toshiba Machine Co., Ltd.		5,000		30,546
Toshiba Plant Systems & Services Corp.		2,000		22,941
Toyo Construction Co., Ltd.		42,000		40,935
Toyo Engineering Corp.		10,000		37,128
Trusco Nakayama Corp.		1,800		37,519
Tsubakimoto Chain Co.		9,000		57,791
Ushio, Inc.		4,100		77,115
Yamazen Corp.		7,100		54,141
Yuasa Trading Co., Ltd.		31,000		51,496

				5,692,079


Commercial & Professional Supplies 0.5%
Duskin Co., Ltd.		5,500		111,289
Kokuyo Co., Ltd.		12,200		91,599
Meitec Corp.		2,000		44,558
Nissha Printing Co., Ltd. (c)		2,200		39,606

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Okamura Corp.		6,000		38,789
Park24 Co., Ltd.		4,500		50,934
Sohgo Security Services Co., Ltd.		5,000		57,798
Toppan Forms Co., Ltd.		3,500		29,444

				464,017


Consumer Durables & Apparel 1.6%
Alpine Electronics, Inc.		2,700		40,319
Asics Corp.		6,000		90,979
Chofu Seisakusho Co., Ltd.		1,500		39,091
Foster Electric Co., Ltd.		1,200		20,054
Funai Electric Co., Ltd.		1,100		28,571
Gunze Ltd.		15,000		56,159
Heiwa Corp.		2,200		35,724
Hitachi Koki Co., Ltd.		3,600		32,820
JVC KENWOOD Holdings, Inc. *		10,160		57,558
Kurabo Industries Ltd.		23,000		45,965
Mizuno Corp.		7,000		32,518
Nisshinbo Holdings, Inc.		10,000		98,438
Onward Holdings Co., Ltd.		13,000		109,612
PanaHome Corp.		6,000		42,628
Pioneer Corp. *		24,400		128,712
Rinnai Corp.		1,500		116,153
Sangetsu Co., Ltd.		2,400		61,552
Sanyo Shokai Ltd.		8,000		23,451
Seiko Holdings Corp.		13,000		43,384
Seiren Co., Ltd.		5,000		31,677
Shimano, Inc.		2,400		126,327
Tamron Co., Ltd.		1,200		31,347
The Japan Wool Textile Co., Ltd.		5,000		44,414
Tomy Co., Ltd.		4,800		42,633
Toyobo Co., Ltd.		74,000		114,122
TSI Holdings Co., Ltd. *		7,000		48,191
Unitika Ltd. *		47,000		36,463
Wacoal Holdings Corp.		6,000		79,824

				1,658,686


Consumer Services 0.5%
Accordia Golf Co., Ltd.		48		35,881
Doutor Nichires Holdings Co., Ltd.		3,600		47,824
H.I.S. Co., Ltd.		1,800		50,658
MOS Food Services, Inc.		1,800		35,666
Oriental Land Co., Ltd.		1,600		149,973
Resorttrust, Inc.		2,600		37,889
Round One Corp.		5,300		42,662
Saizeriya Co., Ltd.		2,000		40,840
Tokyo Dome Corp. *		16,000		32,186
Yoshinoya Holdings Co., Ltd.		25		32,382
Zensho Co., Ltd.		3,600		46,626

				552,587


Diversified Financials 0.9%
Acom Co., Ltd. *		7,000		119,557
Aeon Credit Service Co., Ltd.		6,300		88,467
Century Tokyo Leasing Corp.		1,600		30,858
Fuyo General Lease Co., Ltd.		1,600		56,699
Hitachi Capital Corp.		3,200		47,029
IBJ Leasing Co., Ltd.		1,600		39,291
Jaccs Co., Ltd.		24,000		72,876
JAFCO Co., Ltd.		1,100		29,602
Japan Securities Finance Co., Ltd.		5,700		35,948
Marusan Securities Co., Ltd.		6,400		28,816
Matsui Securities Co., Ltd.		6,000		30,041
Mitsubishi UFJ Lease & Finance Co., Ltd.		2,500		108,049
Mizuho Securities Co., Ltd. *		27,000		65,594
Monex Group, Inc.		129		26,714
Okasan Securities Group, Inc.		8,000		28,902
Orient Corp. *		60,500		72,411
Ricoh Leasing		1,300		31,230
Tokai Tokyo Financial Holdings, Inc.		17,000		51,782

				963,866


Energy 0.3%
AOC Holdings, Inc.		7,900		60,906
Itohchu Enex Co., Ltd.		5,900		35,207
Japan Petroleum Exploration Co., Ltd.		2,300		117,173
San-Ai Oil Co., Ltd.		6,000		33,842
Shinko Plantech Co., Ltd.		2,600		30,526

				277,654


Food & Staples Retailing 0.8%
Arcs Co., Ltd.		1,900		33,238
Cawachi Ltd.		1,600		32,735
Circle K Sunkus Co., Ltd.		4,300		71,201
cocokara fine, Inc.		3,000		78,295
FamilyMart Co., Ltd.		4,100		154,911
Heiwado Co., Ltd.		3,100		40,621
Izumiya Co., Ltd.		6,000		26,065
Kato Sangyo Co., Ltd.		2,400		50,639
Matsumotokiyoshi Holdings Co., Ltd.		4,400		93,432
Ministop Co., Ltd.		1,700		32,061
Okuwa Co., Ltd.		3,000		35,491
Sugi Holdings Co., Ltd.		1,400		39,563
Tsuruha Holdings, Inc.		700		36,021
Valor Co., Ltd.		2,900		47,244

				771,517


Food, Beverage & Tobacco 2.3%
Coca-Cola Central Japan Co., Ltd.		2,400		33,074
Coca-Cola West Co., Ltd.		5,100		102,022
Ezaki Glico Co., Ltd.		7,000		80,510
Fuji Oil Co., Ltd.		5,100		77,704
Hokuto Corp.		1,200		27,494
House Food Corp.		3,600		64,831
Ito En Ltd.		5,200		94,906
Itoham Foods, Inc.		18,000		72,938
J-Oil Mills, Inc.		9,000		27,169
Kagome Co., Ltd.		4,400		80,572
Kewpie Corp.		11,500		156,062
Kikkoman Corp.		12,000		132,673
Kyokuyo Co., Ltd.		12,000		28,499
Marudai Food Co., Ltd.		12,000		41,164
Maruha Nichiro Holdings, Inc.		77,000		134,852
Megmilk Snow Brand Co., Ltd.		6,200		115,400
Mikuni Coca-Cola Bottling Co., Ltd.		5,300		47,861
Mitsui Sugar Co., Ltd.		8,000		38,046
Morinaga & Co., Ltd.		13,000		31,575
Morinaga Milk Industry Co., Ltd.		28,000		124,685
Nichirei Corp.		26,000		115,122
Nippon Flour Mills Co., Ltd.		14,000		66,370
Nippon Suisan Kaisha Ltd.		33,800		122,254
Sakata Seed Corp.		1,800		26,070
Sapporo Holdings Ltd.		27,000		112,455
Takara Holdings, Inc.		11,000		60,556
The Nisshin Oillio Group Ltd.		16,000		76,505

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Toyo Suisan Kaisha Ltd.		5,000		123,688
Yamazaki Baking Co., Ltd.		12,000		166,098

				2,381,155


Health Care Equipment & Services 0.4%
Hogy Medical Co., Ltd.		600		26,876
Miraca Holdings, Inc.		2,000		84,060
Nihon Kohden Corp.		1,800		50,030
Nikkiso Co., Ltd.		4,000		39,400
Nipro Corp.		2,600		47,776
Toho Holdings Co., Ltd.		12,200		125,032
Vital KSK Holdings, Inc.		6,400		50,899

				424,073


Household & Personal Products 0.4%
Fancl Corp.		3,000		40,575
Kobayashi Pharmaceutical Co., Ltd.		1,100		56,646
Kose Corp.		1,400		36,831
Lion Corp.		18,000		98,461
Mandom Corp.		1,200		35,349
Unicharm Corp.		2,500		112,882
Unihair Co., Ltd. *		3,100		29,085

				409,829


Insurance 0.1%
Sony Financial Holdings, Inc.		5,166		93,005


Materials 4.0%
Adeka Corp.		6,900		71,057
Aichi Steel Corp.		6,000		40,570
Air Water, Inc.		11,000		133,420
Chugoku Marine Paints Ltd.		4,000		32,282
Daido Steel Co., Ltd.		22,000		155,970
Daio Paper Corp.		10,000		78,316
Earth Chemical Co., Ltd.		1,000		36,003
FP Corp.		900		58,582
Furukawa-Sky Aluminum Corp.		11,000		41,229
Godo Steel Ltd.		26,000		65,893
Hitachi Chemical Co., Ltd.		6,800		134,723
Hitachi Metals Ltd.		8,000		112,971
Hokuetsu Kishu Paper Co., Ltd.		10,000		62,559
Ishihara Sangyo Kaisha Ltd. *		37,000		51,968
Kaneka Corp.		18,000		115,171
Kansai Paint Co., Ltd.		11,000		101,582
Kureha Corp.		12,000		57,688
Kyoei Steel Ltd.		2,800		43,137
Lintec Corp.		2,100		58,479
Maruichi Steel Tube Ltd.		4,200		106,421
Mitsubishi Paper Mills Ltd. *		48,000		49,094
Mitsubishi Steel Mfg. Co., Ltd.		10,000		35,306
Nihon Parkerizing Co., Ltd.		2,000		29,933
Nihon Yamamura Glass Co., Ltd.		12,000		33,195
Nippon Coke & Engineering Co., Ltd.		13,500		23,770
Nippon Denko Co., Ltd.		5,000		33,387
Nippon Kayaku Co., Ltd.		8,000		88,783
Nippon Light Metal Co., Ltd.		60,000		126,822
Nippon Metal Industry Co., Ltd. *		22,000		28,019
Nippon Paint Co., Ltd.		11,000		89,060
Nippon Shokubai Co., Ltd.		9,000		117,725
Nippon Soda Co., Ltd.		10,000		47,115
Nippon Yakin Kogyo Co., Ltd. *		16,500		49,125
Nissan Chemical Industries Ltd.		10,000		119,342
Nittetsu Mining Co., Ltd.		5,000		22,046
Nof Corp.		12,000		54,615
Pacific Metals Co., Ltd.		9,000		66,983
Rengo Co., Ltd.		22,000		145,093
Sakai Chemical Industry Co., Ltd.		6,000		26,785
Sanyo Chemical Industries Ltd.		4,000		31,612
Sanyo Special Steel Co., Ltd.		8,000		52,643
Shin-Etsu Polymer Co., Ltd.		4,500		24,024
Sumitomo Bakelite Co., Ltd.		14,000		95,840
Sumitomo Light Metal Industries Ltd. *		47,000		51,799
Sumitomo Osaka Cement Co., Ltd.		45,000		130,250
Takasago International Corp.		6,000		28,967
Toagosei Co., Ltd.		13,000		71,850
Toho Zinc Co., Ltd.		7,000		35,077
Tokai Carbon Co., Ltd.		10,000		56,620
Tokuyama Corp.		27,000		133,585
Tokyo Ohka Kogyo Co., Ltd.		2,900		64,932
Tokyo Steel Manufacturing Co., Ltd.		12,100		124,032
Topy Industries Ltd.		25,000		77,943
Toyo Ink Mfg. Co., Ltd.		12,000		56,738
Yamato Kogyo Co., Ltd.		3,000		89,991
Yodogawa Steel Works Ltd.		16,000		67,368
Zeon Corp.		10,000		108,486

				4,045,976


Media 0.5%
Asatsu-DK, Inc.		2,900		79,961
Fuji Media Holdings, Inc.		40		61,946
Kadokawa Group Holdings, Inc.		1,700		60,671
Nippon Television Network Corp.		300		45,705
Shochiku Co., Ltd.		4,000		34,338
SKY Perfect JSAT Holdings, Inc.		72		31,573
Toei Co., Ltd.		8,000		37,943
Toho Co., Ltd.		7,400		128,911
Tokyo Broadcasting System Holdings, Inc.		3,000		38,247
TV Asahi Corp.		17		27,380

				546,675


Pharmaceuticals, Biotechnology & Life Sciences 0.9%
Dainippon Sumitomo Pharma Co., Ltd.		10,200		103,678
Hisamitsu Pharmaceutical Co., Inc.		1,800		78,456
Kaken Pharmaceutical Co., Ltd.		4,000		56,543
Kissei Pharmaceutical Co., Ltd.		3,000		58,019
Kyorin Co., Ltd.		3,000		62,563
Kyowa Hakko Kirin Co., Ltd.		14,000		149,309
Mitsubishi Tanabe Pharma Corp.		7,000		126,829
Mochida Pharmaceutical Co., Ltd.		4,000		42,741
Rohto Pharmaceutical Co., Ltd.		4,000		47,836
Santen Pharmaceutical Co., Ltd.		2,500		100,638
Tsumura & Co.		1,900		62,190

				888,802


Real Estate 0.7%
Aeon Mall Co., Ltd.		2,400		61,708
Daibiru Corp.		3,500		26,047
Daikyo, Inc. *		23,000		44,528
Goldcrest Co., Ltd.		1,060		24,894
Heiwa Real Estate Co., Ltd.		15,000		34,581
Hulic Co., Ltd.		3,600		38,245
Kenedix, Inc. *		152		29,671
Leopalace21 Corp. (c)*		86,400		125,251
Nomura Real Estate Holdings, Inc.		4,900		89,699
NTT Urban Development Corp.		51		46,714

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Shoei Co., Ltd.		2,800		24,693
TOC Co., Ltd.		6,400		28,331
Tokyo Tatemono Co., Ltd.		30,000		122,479

				696,841


Retailing 2.2%
Alpen Co., Ltd.		1,800		31,130
AOKI Holdings, Inc.		1,900		31,191
Aoyama Trading Co., Ltd.		6,600		115,145
Autobacs Seven Co., Ltd.		2,500		112,549
Best Denki Co., Ltd. *		11,500		36,015
Bic Camera, Inc.		99		57,216
Canon Marketing Japan, Inc.		11,000		136,799
Chiyoda Co., Ltd.		2,400		39,577
DCM Holdings Co., Ltd.		9,200		69,888
Don Quijote Co., Ltd.		2,800		96,458
Fuji Co., Ltd.		1,600		35,736
Geo Corp.		39		50,450
H2O Retailing Corp.		11,000		84,031
Hikari Tsushin, Inc.		1,600		39,303
Izumi Co., Ltd.		5,600		85,148
Joshin Denki Co., Ltd.		4,000		45,740
K’s Holdings Corp.		3,440		160,914
Kohnan Shoji Co., Ltd.		3,300		65,595
Kojima Co., Ltd.		6,600		46,737
Komeri Co., Ltd.		3,600		107,459
Nissen Holdings Co., Ltd.		4,800		28,680
Nitori Co., Ltd.		800		77,837
Paltac Corp.		2,400		48,177
Parco Co., Ltd.		4,400		37,496
Ryohin Keikaku Co., Ltd.		1,900		99,103
Shimachu Co., Ltd.		3,700		92,271
Shimamura Co., Ltd.		1,000		100,975
T-Gaia Corp.		15		28,764
The Daiei, Inc. *		32,200		121,380
USS Co., Ltd.		1,100		87,549
Xebio Co., Ltd.		1,600		37,898
Yokohama Reito Co., Ltd.		5,000		35,760

				2,242,971


Semiconductors & Semiconductor Equipment 0.5%
Advantest Corp.		4,900		86,827
Dainippon Screen Mfg. Co., Ltd.		7,000		55,031
Disco Corp.		600		34,894
Sanken Electric Co., Ltd.		9,000		48,869
Shinko Electric Industries Co., Ltd.		4,900		40,556
Sumco Corp. *		6,600		104,503
Tokyo Seimitsu Co., Ltd.		1,500		27,566
UKC Holdings Corp.		2,400		25,504
ULVAC, Inc.		3,100		57,233

				480,983


Software & Services 1.1%
Capcom Co., Ltd.		2,000		52,392
CSK Holdings Corp. *		9,900		41,570
eAccess Ltd.		60		26,564
Fuji Soft, Inc.		4,000		59,537
IT Holdings Corp.		10,700		103,896
Itochu Techno-Solutions Corp.		1,700		67,224
Konami Corp.		7,100		186,360
Net One Systems Co., Ltd.		27		64,695
Nihon Unisys Ltd.		6,500		39,202
NSD Co., Ltd.		2,800		24,111
OBIC Co., Ltd.		180		35,391
Oracle Corp. Japan		1,000		33,506
Otsuka Corp.		900		59,765
Square Enix Holdings Co., Ltd.		2,600		50,561
Sumisho Computer Systems Corp.		2,600		45,458
Transcosmos, Inc.		3,800		43,923
Trend Micro, Inc.		4,000		125,186
Yahoo Japan Corp.		256		90,794

				1,150,135


Technology Hardware & Equipment 2.0%
Anritsu Corp.		4,000		43,356
Canon Electronics, Inc.		1,200		32,953
Citizen Watch Co., Ltd.		20,000		120,085
Cmk Corp. *		6,300		24,320
Daiwabo Holdings Co., Ltd.		20,000		45,003
Denki Kogyo Co., Ltd.		6,000		28,452
Hamamatsu Photonics K.K.		2,200		98,997
Hirose Electric Co., Ltd.		1,100		110,199
Hitachi High-Technologies Corp.		3,800		82,308
Hitachi Kokusai Electric, Inc.		5,000		40,553
Horiba Ltd.		1,900		63,051
Hosiden Corp.		10,700		91,102
Japan Aviation Electronics Industry Ltd.		4,000		30,633
Japan Radio Co., Ltd.		12,000		34,231
Kaga Electronics Co., Ltd.		2,600		29,319
Mitsumi Electric Co., Ltd.		9,100		88,074
Nichicon Corp.		3,500		59,105
Nippon Chemi-Con Corp.		6,000		38,770
Oki Electric Industry Co., Ltd. *		143,000		142,529
Riso Kagaku Corp.		1,700		26,441
Ryoden Trading Co., Ltd.		4,000		26,068
Ryosan Co., Ltd.		4,200		90,998
Ryoyo Electro Corp.		3,300		32,809
Sanshin Electronics Co., Ltd.		3,600		28,718
Shimadzu Corp.		12,000		111,337
SMK Corp.		6,000		24,129
Star Micronics Co., Ltd.		2,500		28,254
Taiyo Yuden Co., Ltd.		7,000		88,108
Toshiba Tec Corp.		13,000		55,124
Uniden Corp.		8,000		41,053
Yamatake Corp.		4,100		93,646
YASKAWA Electric Corp.		8,000		88,580
Yokogawa Electric Corp. *		17,400		153,720

				2,092,025


Transportation 1.0%
Fukuyama Transporting Co., Ltd.		9,000		52,561
Hitachi Transport System Ltd.		2,400		43,140
Iino Kaiun Kaisha Ltd.		5,300		24,128
Japan Airport Terminal Co., Ltd.		3,800		48,789
Kamigumi Co., Ltd.		14,000		139,369
Keihin Electric Express Railway Co., Ltd.		18,000		140,250
Keisei Electric Railway Co., Ltd.		16,000		102,819
Mitsubishi Logistics Corp.		7,000		80,464
Mitsui-Soko Co., Ltd.		8,000		31,960
Nippon Konpo Unyu Soko Co., Ltd.		4,000		45,626
Nishi-Nippon Railroad Co., Ltd.		17,000		76,416
Sankyu, Inc.		24,000		115,606
Senko Co., Ltd.		8,000		29,786
Sotetsu Holdings, Inc.		26,000		76,982

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
The Sumitomo Warehouse Co., Ltd.		11,000		53,632

				1,061,528


Utilities 0.1%
Saibu Gas Co., Ltd.		10,000		26,764
The Okinawa Electric Power Co., Inc.		1,700		76,120

				102,884

				32,142,954

Netherlands 1.3%


Capital Goods 0.4%
Aalberts Industries N.V.		5,293		103,119
Arcadis N.V.		2,681		63,198
Grontmij N.V. CVA		1,804		33,537
Heijmans N.V., CVA		4,043		92,810
Wavin N.V. *		7,121		90,179

				382,843


Consumer Durables & Apparel 0.1%
Koninklijke Ten Cate N.V.		1,978		68,842
TomTom N.V. *		5,312		25,129

				93,971


Diversified Financials 0.0%
BinckBank N.V.		2,930		40,459


Food & Staples Retailing 0.1%
Sligro Food Group N.V.		1,693		60,452


Food, Beverage & Tobacco 0.1%
Koninklijike Wessanen N.V.		20,592		89,718


Health Care Equipment & Services 0.1%
Mediq N.V.		6,195		115,524


Insurance 0.0%
Brit Insurance Holdings N.V. (a)(b)*		571		10,029


Materials 0.0%
AMG Advanced Metallurgical Group N.V. *		1,811		30,307


Real Estate 0.3%
Eurocommercial Properties N.V.		2,001		95,738
Nieuwe Steen Investments N.V.		2,793		52,088
Vastned Offices/Industrial N.V.		2,410		39,677
VastNed Retail N.V.		1,660		113,132

				300,635


Semiconductors & Semiconductor Equipment 0.0%
ASM International N.V.		1,432		40,701


Software & Services 0.1%
Ordina N.V. *		6,672		25,701
Unit 4 N.V.		838		27,801

				53,502


Technology Hardware & Equipment 0.0%
TKH Group N.V. CVA		1,361		39,355


Transportation 0.1%
Koninklijke Vopak N.V.		1,574		78,557

				1,336,053

New Zealand 0.6%


Consumer Services 0.1%
Sky City Entertainment Group Ltd.		38,257		123,622


Health Care Equipment & Services 0.1%
Fisher & Paykel Healthcare Corp., Ltd.		22,004		48,406


Materials 0.0%
Nuplex Industries Ltd.		11,449		27,605


Media 0.1%
Sky Network Television Ltd.		10,175		51,599


Real Estate 0.1%
AMP NZ Office Ltd.		47,986		35,427
Goodman Property Trust		42,514		37,025
Kiwi Income Property Trust		56,677		50,288

				122,740


Transportation 0.1%
Air New Zealand Ltd.		24,211		24,950
Auckland International Airport Ltd.		46,244		91,747

				116,697


Utilities 0.1%
Contact Energy Ltd. *		14,827		67,480
Infratil Ltd.		26,600		42,087

				109,567

				600,236

Norway 1.2%


Banks 0.1%
Sparebanken 1 SMN		4,346		38,744
Sparebanken Rogaland		3,934		34,998

				73,742


Capital Goods 0.0%
Veidekke A.S.A.		3,434		29,721


Commercial & Professional Supplies 0.0%
Tomra Systems A.S.A.		5,013		45,328


Diversified Financials 0.1%
Aker ASA, A Shares		4,041		106,734


Energy 0.5%
BW Offshore Ltd.		14,860		32,607
DNO International A.S.A. *		15,220		17,135
Dockwise Ltd. *		1,038		26,604
Fred. Olsen Energy A.S.A.		1,630		63,013
Norwegian Energy Co., A.S.A. *		14,516		17,982
Prosafe SE		13,302		98,921
Sevan Marine A.S.A. *		18,278		1,833
Songa Offshore SE *		8,500		46,785
Subsea 7 S.A. *		5,011		131,957
TGS Nopec Geophysical Co., A.S.A.		3,116		90,890

				527,727


Food, Beverage & Tobacco 0.1%
Austevoll Seafood A.S.A.		5,126		28,275
Cermaq A.S.A. *		3,429		47,923
Marine Harvest		121,140		70,511

				146,709


Media 0.1%
Schibsted A.S.A.		3,043		90,477


Real Estate 0.0%
Norwegian Property A.S.A.		22,454		47,158

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Semiconductors & Semiconductor Equipment 0.1%
Renewable Energy Corp. A.S.A. (c)*		28,800		53,360


Software & Services 0.1%
Atea A.S.A.		4,960		50,993


Transportation 0.1%
Golden Ocean Group Ltd.		48,950		45,984
Stolt-Nielsen Ltd.		2,256		57,612

				103,596

				1,275,545

Portugal 0.9%


Banks 0.2%
Banco BPI S.A. - Reg’d *		55,350		74,583
Banco Espirito Santo S.A.		31,800		120,342
Banif, SGPS, S.A. - Reg’d *		20,346		15,728

				210,653


Capital Goods 0.0%
Mota-Engil, SGPS, S.A.		18,535		34,623


Food & Staples Retailing 0.2%
Jeronimo Martins, SGPS, S.A.		7,754		151,721


Materials 0.2%
CIMPOR-Cimentos de Portugal, SGPS, S.A.		14,248		110,633
Portucel-Empresa Produtora de Pasta e Papel, S.A.		16,559		49,213
Semapa-Sociedade de Investimento e Gestao, SGPS, S.A.		5,699		56,511
Sonae Industria-SGPS, S.A. *		12,033		19,884

				236,241


Media 0.1%
Zon Multimedia-Servicos de Telecomunicacoes e Multimedia SGPS, S.A.		20,882		85,696


Telecommunication Services 0.1%
Sonaecom, SGPS, S.A.		16,207		34,932


Utilities 0.1%
EDP Renovaveis S.A. *		18,592		120,531

				874,397

Republic of Korea 8.4%


Automobiles & Components 0.2%
Halla Climate Control Corp.		2,810		68,532
S&T Daewoo Co., Ltd.		1,220		43,023
Ssangyong Motor Co. *		10,330		81,979

				193,534


Banks 0.0%
Jeonbuk Bank		4,980		29,133


Capital Goods 2.0%
CJ Corp.		2,290		184,702
Daewoo Engineering & Construction Co., Ltd. *		8,190		95,841
Daewoo International Corp.		3,010		114,018
Daewoo Shipbuilding & Marine Engineering Co., Ltd.		4,260		151,287
Dongbu Corp.		4,680		38,020
Doosan Engineering & Construction Co., Ltd.		7,960		38,181
Doosan Infracore Co., Ltd. *		4,320		107,606
Hanjin Heavy Industries & Construction Co., Ltd. *		3,881		112,958
Hanjin Heavy Industries & Construction Holdings Co., Ltd.		12,710		133,745
KCC Corp.		492		163,353
Keangnam Enterprises Ltd. *		4,100		54,878
Kolon Engineering & Construction Co., Ltd. *		7,110		34,400
Kyeryong Construction Industrial Co., Ltd.		2,600		53,513
LG Hausys Ltd.		542		43,067
Samsung Engineering Co., Ltd.		692		170,551
Samsung Techwin Co., Ltd.		1,645		120,579
SK Networks Co., Ltd.		14,020		171,443
STX Engine Co., Ltd.		2,180		58,419
Taeyoung Engineering & Construction		9,010		61,496
Taihan Electric Wire Co., Ltd. *		19,447		105,807

				2,013,864


Commercial & Professional Supplies 0.1%
S1 Corp.		1,230		65,539


Consumer Durables & Apparel 0.2%
Handsome Co., Ltd.		1,830		48,833
LG Fashion Corp.		1,520		67,767
Woongjin Coway Co., Ltd.		3,810		147,101

				263,701


Consumer Services 0.0%
Hotel Shilla Co., Ltd.		1,620		47,195


Diversified Financials 0.9%
Daewoo Securities Co., Ltd.		7,150		125,742
Daishin Securities Co., Ltd.		5,520		71,440
Hanwha Securities Co., Ltd.		4,260		26,346
Hyundai Securities Co., Ltd.		12,580		151,981
Korea Investment Holdings Co., Ltd.		3,330		131,694
Meritz Finance Holdings Co., Ltd. *		3,135		8,742
Mirae Asset Securities Co., Ltd.		887		41,159
Samsung Card Co., Ltd.		1,920		109,237
Tong Yang Securities, Inc.		20,180		122,808
Woori Investment & Securities Co., Ltd.		7,670		137,307

				926,456


Energy 0.1%
SK Gas Co., Ltd.		953		63,907


Food, Beverage & Tobacco 0.9%
CJ CheilJedang Corp.		636		184,744
Daesang Corp.		5,720		71,838
Hite Brewery Co., Ltd.		558		58,782
Lotte Chilsung Beverage Co., Ltd.		81		111,430
Lotte Confectionery Co., Ltd.		62		105,850
Namyang Dairy Products Co., Ltd.		46		39,224
Nongshim Co., Ltd.		406		97,428
ORION Corp.		183		88,870
Ottogi Corp.		318		48,561
Samyang Corp.		1,160		128,107

				934,834


Household & Personal Products 0.3%
Amorepacific Corp.		91		103,576

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
LG Household & Health Care Ltd.		184		83,247
Pacific Corp.		579		127,410

				314,233


Insurance 0.5%
Hanwha General Insurance Co., Ltd. *		3,940		36,054
Hyundai Marine & Fire Insurance Co., Ltd.		6,020		192,814
Korean Reinsurance Co.		8,455		105,764
LIG Insurance Co., Ltd.		5,310		131,764
Meritz Fire & Marine Insurance Co., Ltd.		7,404		85,600

				551,996


Materials 1.7%
Dongbu HiTek Co., Ltd. *		2,710		29,680
Dongbu Steel Co., Ltd.		9,620		79,413
Hanil Cement Co., Ltd.		594		27,860
Hansol Paper Co., Ltd.		11,040		91,823
Hanwha Chemical Corp.		3,940		173,734
Hyundai Hysco		1,700		77,993
Kisco Corp.		1,020		31,303
Kolon Corp.		1,140		36,805
Korea Zinc Co., Ltd.		481		199,221
OCI Co., Ltd.		452		174,303
Poongsan Corp.		1,770		74,867
Samsung Fine Chemicals Co., Ltd.		680		45,396
Seah Besteel Corp.		2,020		127,167
SK Chemicals Co., Ltd.		2,772		209,990
SKC Co., Ltd.		860		56,848
Ssangyong Cement Industrial Co., Ltd. *		5,460		34,229
Taekwang Industrial Co., Ltd.		110		177,243
Tong Yang Major Corp. *		15,280		28,653
Young Poong Corp.		45		51,902

				1,728,430


Media 0.1%
Cheil Worldwide, Inc.		3,693		58,318
Woongjin Thinkbig Co., Ltd.		1,860		32,507

				90,825


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Dong-A Pharmaceutical Co., Ltd.		438		46,923
Yuhan Corp.		378		52,506

				99,429


Retailing 0.1%
CJ O Shopping Co., Ltd.		149		39,892
Daewoo Motor Sales Corp. (a)(b)*		45,520		82,033

				121,925


Software & Services 0.2%
NCSoft Corp.		150		46,158
NHN Corp. *		669		133,177

				179,335


Technology Hardware & Equipment 0.1%
Daeduck Electronics Co., Ltd.		3,020		25,500
LG Innotek		344		30,548

				56,048


Telecommunication Services 0.2%
LG Uplus Corp.		23,590		119,001
SK Broadband Co., Ltd. *		18,417		77,468

				196,469


Transportation 0.6%
Asiana Airlines *		6,810		68,483
Hanjin Shipping Co., Ltd.		2,280		45,559
Hanjin Shipping Holdings Co., Ltd.		10,070		121,491
Hanjin Transportation Co., Ltd.		1,570		50,498
Hyundai Merchant Marine Co., Ltd.		5,300		150,520
Korea Express Co., Ltd. *		666		64,103
Korea Line Corp. *		5,230		34,377
STX Pan Ocean Co., Ltd.		15,430		116,191

				651,222


Utilities 0.1%
Samchully Co., Ltd.		677		66,149

				8,594,224

Singapore 2.0%


Capital Goods 0.2%
Cosco Corp.(Singapore) Ltd.		32,431		47,814
SembCorp Marine Ltd.		22,096		98,797
Yangzijiang Shipbuilding Holdings Ltd.		31,000		37,370

				183,981


Consumer Services 0.1%
Genting Singapore plc *		42,000		66,162
Raffles Education Corp., Ltd.		42,666		21,934

				88,096


Diversified Financials 0.1%
Singapore Exchange Ltd.		21,000		130,122


Energy 0.1%
Ezra Holdings Ltd.		22,000		22,901
Straits Asia Resources Ltd.		18,000		45,124

				68,025


Food & Staples Retailing 0.1%
Olam International Ltd.		61,704		134,883


Real Estate 1.0%
Ascendas REIT		80,000		135,483
Ascott Residence Trust		52,000		51,136
CapitaCommercial Trust		109,302		127,913
CDL Hospitality Trusts		18,000		31,070
Fortune REIT		52,000		27,523
Frasers Commercial Trust		62,000		44,724
Keppel Land Ltd.		30,000		95,292
Lippo-Mapletree Indonesia Retail Trust		62,000		33,212
Mapletree Logistics Trust		63,000		48,120
Suntec Real Estate Investment Trust		119,000		151,561
UOL Group Ltd.		33,000		141,204
Wing Tai Holdings Ltd.		51,000		62,570
Yanlord Land Group Ltd.		30,000		30,952

				980,760


Telecommunication Services 0.1%
M1 Ltd.		23,000		49,878
StarHub Ltd.		38,000		88,988

				138,866


Transportation 0.3%
Neptune Orient Lines Ltd.		84,000		100,247

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
SATS Ltd.		43,749		91,379
SIA Engineering Co., Ltd.		11,205		37,683
Singapore Post Ltd.		77,000		70,023
SMRT Corp., Ltd.		33,000		50,446

				349,778

				2,074,511

Spain 1.7%


Banks 0.1%
Banco de Valencia S.A. *		14,861		29,080
Banco Espanol de Credito S.A.		12,026		91,191
Caja de Ahorros del Mediterraneo		5,382		33,795

				154,066


Capital Goods 0.3%
Abengoa S.A.		3,589		101,689
Construcciones y Auxiliar de Ferrocarriles S.A.		158		88,542
Zardoya Otis S.A.		7,696		111,295

				301,526


Commercial & Professional Supplies 0.1%
Prosegur, Compania de Seguridad S.A. - Reg’d		1,341		61,718


Consumer Services 0.2%
NH Hoteles S.A. *		20,328		127,384
Sol Melia S.A. *		4,537		47,199

				174,583


Diversified Financials 0.2%
Bolsas y Mercados Espanoles		4,740		135,749
Corporacion Financiera Alba S.A.		1,240		65,874

				201,623


Energy 0.0%
Tecnicas Reunidas S.A.		1,041		45,898


Food, Beverage & Tobacco 0.1%
Pescanova S.A.		839		36,106
Viscofan S.A.		1,418		52,874

				88,980


Insurance 0.1%
Grupo Catalana Occidente S.A.		4,296		101,996


Materials 0.1%
Grupo Empresarial Ence S.A.		12,595		45,233
Tubacex S.A. *		9,984		32,211

				77,444


Media 0.2%
Antena 3 de Television S.A.		6,253		49,566
Mediaset Espana Comunicacion S.A.		8,038		75,254
Promotora de Informaciones S.A., Class A (c)*		34,982		71,126

				195,946


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Almirall S.A.		3,232		30,763
Grifols S.A. *		5,303		115,908

				146,671


Utilities 0.2%
Iberdrola S.A.		11,564		93,965
Red Electrica Corp. S.A.		2,400		130,710

				224,675

				1,775,126

Sweden 2.3%


Capital Goods 0.1%
BE Group AB *		5,054		26,786
Concentric AB *		2,482		15,622
Haldex AB		2,482		13,878
Lindab International AB		5,668		56,758
NIBE Industrier AB, B Shares		2,076		34,953

				147,997


Commercial & Professional Supplies 0.2%
AF AB, B Shares		1,392		25,833
Gunnebo AB		4,276		27,129
Intrum Justitia AB		3,542		54,876
Loomis AB, B Shares		4,664		63,198
Niscayah Group AB		23,212		66,411

				237,447


Consumer Durables & Apparel 0.1%
JM AB		4,052		78,487
Nobia AB *		11,604		67,506

				145,993


Consumer Services 0.1%
Rezidor Hotel Group AB *		5,980		30,660
SkiStar AB		1,486		24,269

				54,929


Diversified Financials 0.1%
Avanza Bank Holding AB		710		20,652
Bure Equity AB *		4,932		23,831
D. Carnegie & Co. AB (a)(b)*		851		—
Investment AB Oresund		3,096		48,841

				93,324


Energy 0.2%
Lundin Petroleum AB *		9,658		132,583
PA Resources AB *		66,638		37,688

				170,271


Food & Staples Retailing 0.0%
Hakon Invest AB		2,602		37,015


Food, Beverage & Tobacco 0.1%
AarhusKarlshamn AB		2,674		76,499


Health Care Equipment & Services 0.1%
Elekta AB, B Shares		1,630		75,013


Materials 0.1%
Billerud AB		5,403		48,792
Hoganas AB, B Shares		1,453		57,280

				106,072


Media 0.3%
Eniro AB *		31,087		110,939
Modern Times Group, B Shares		2,219		150,480

				261,419


Pharmaceuticals, Biotechnology & Life Sciences 0.2%
Meda AB, A Shares		15,555		192,107


Real Estate 0.6%
Castellum AB		9,598		138,844

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Fabege AB		11,376		109,632
Hufvudstaden AB, A Shares		7,308		81,889
Klovern AB		7,600		35,274
Kungsleden AB		15,572		143,009
Wallenstam AB, Class B		6,648		67,776
Wihlborgs Fastigheter AB		3,536		49,647

				626,071


Retailing 0.1%
Clas Ohlson AB, B Shares		3,191		42,351
KappAhl AB		7,784		32,911
Mekonomen AB		948		30,671

				105,933


Technology Hardware & Equipment 0.0%
Axis Communications AB		1,342		27,739

				2,357,829

Switzerland 3.1%


Automobiles & Components 0.0%
Autoneum Holding AG *		287		29,355


Banks 0.3%
Banque Cantonale Vaudoise - Reg’d		141		89,512
Liechtensteinische Landesbank AG		384		34,641
St. Galler Kantonalbank AG - Reg’d		91		51,278
Valiant Holding AG - Reg’d		663		104,975

				280,406


Capital Goods 0.6%
AFG Arbonia-Forster Holding AG - Reg’d *		1,474		49,433
Bucher Industries AG - Reg’d		492		102,520
Burckhardt Compression Holding AG		94		26,882
Daetwyler Holding AG - BR		305		25,489
Georg Fischer AG - Reg’d *		246		130,504
Huber & Suhner AG - Reg’d		466		28,888
Kaba Holding AG - Reg’d, Series B		133		55,039
OC Oerlikon Corp. AG - Reg’d *		12,723		107,953
Rieter Holding AG - Reg’d *		287		66,141
Zehnder Group AG - BR		10		31,764

				624,613


Consumer Durables & Apparel 0.1%
Forbo Holding AG - Reg’d *		102		73,538


Consumer Services 0.1%
Kuoni Reisen Holding AG - Reg’d, Series B *		184		71,448


Diversified Financials 0.2%
Bank Sarasin & Cie AG - Reg’d, Series B		1,402		59,319
EFG International AG *		2,203		24,216
Partners Group Holding AG		172		32,688
Verwaltungs-und Privat-Bank AG		230		27,177
Vontobel Holding AG - Reg’d		1,960		63,877

				207,277


Food, Beverage & Tobacco 0.1%
Barry Callebaut AG - Reg’d *		89		93,970
Emmi AG - Reg’d		149		39,889

				133,859


Health Care Equipment & Services 0.3%
Galenica AG - Reg’d		146		98,768
Nobel Biocare Holding AG - Reg’d *		6,535		125,016
Sonova Holding AG - Reg’d *		1,089		103,151
Straumann Holding AG - Reg’d		149		33,936

				360,871


Materials 0.4%
Ems-Chemie Holding AG - Reg’d		634		135,330
Schmolz & Bickenbach AG - Reg’d *		11,142		130,052
Sika AG - Bearer Shares		47		109,977
Vetropack Holding AG - BR		14		29,600

				404,959


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Actelion Ltd. - Reg’d *		1,684		85,502
BB Biotech AG - Reg’d		766		57,216

				142,718


Real Estate 0.4%
Allreal Holding AG - Reg’d *		260		46,017
Mobimo Holding AG *		162		44,871
PSP Swiss Property AG - Reg’d *		1,495		151,333
Swiss Prime Site AG - Reg’d *		1,360		124,760

				366,981


Retailing 0.1%
Charles Voegele Holding AG - BR *		600		30,265
Dufry Group - Reg’d *		483		57,103
Valora Holding AG - Reg’d		226		67,624

				154,992


Technology Hardware & Equipment 0.1%
Kudelski S.A. - BR		2,220		28,958
Logitech International S.A. - Reg’d *		6,690		64,243

				93,201


Transportation 0.2%
Flughafen Zuerich AG - Reg’d		137		63,034
Panalpina Welttransport Holding AG - Reg’d *		1,176		141,387

				204,421


Utilities 0.1%
BKW FMB Energie AG		852		52,773

				3,201,412

United Kingdom 9.4%


Banks 0.1%
Paragon Group Cos. plc		27,404		86,823


Capital Goods 1.5%
Ashtead Group plc		47,457		124,814
Bodycote plc		21,658		137,012
Charter International plc		11,128		145,650
Chemring Group plc		5,510		49,553
Fenner plc		9,940		62,932
Galliford Try plc		4,509		36,525
Interserve plc		24,493		133,779
Keller Group plc		3,234		23,867
Kier Group plc		3,111		67,866
Melrose plc		19,577		114,460
Morgan Crucible Co. plc		16,104		86,612
Qinetiq Group plc *		64,213		118,674

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Rotork plc		2,274		58,987
Senior plc		17,976		54,849
Spirax-Sarco Engineering plc		2,519		77,413
The Weir Group plc		5,366		186,230
Ultra Electronics Holdings plc		2,253		58,173

				1,537,396


Commercial & Professional Supplies 1.1%
Aggreko plc		5,586		176,906
Babcock International Group plc		12,107		133,724
Berendsen plc		8,646		76,629
Homeserve plc		9,219		72,961
Intertek Group plc		4,067		127,685
ITE Group plc		6,982		25,633
Michael Page International plc		10,877		89,217
Mitie Group plc		31,548		123,876
Regus plc		40,799		70,685
RPS Group plc		13,146		50,385
Shanks Group plc		37,149		77,279
Sthree plc		4,362		25,731
WS Atkins plc		8,798		102,475

				1,153,186


Consumer Durables & Apparel 0.3%
Bovis Homes Group plc		12,599		85,053
Pace plc		14,902		28,130
Redrow plc *		19,779		41,687
The Berkeley Group Holdings plc *		7,646		154,189

				309,059


Consumer Services 0.4%
J.D. Wetherspoon plc		11,448		81,193
Marston’s plc		60,877		102,768
Millennium & Copthorne Hotels plc		9,479		80,228
PartyGaming plc *		12,903		28,521
Rank Group plc		19,387		45,093
Restaurant Group plc		12,605		60,499

				398,302


Diversified Financials 0.9%
Aberdeen Asset Management plc		43,195		155,787
Ashmore Group plc		9,074		59,948
Brewin Dolphin Holdings plc		12,128		29,419
F&C Asset Management plc		55,423		64,046
Henderson Group plc		52,138		136,376
IG Group Holdings plc		13,357		96,712
International Personal Finance		14,992		77,364
London Stock Exchange Group plc		8,858		144,431
Rathbone Brothers plc		2,156		40,488
SVG Capital plc *		9,004		38,854
Tullett Prebon plc		16,174		93,744

				937,169


Energy 0.5%
Afren plc *		11,066		25,350
Cairn Energy plc *		13,880		83,910
Hunting plc		7,221		92,376
John Wood Group plc		10,054		109,684
Petrofac Ltd.		4,992		114,213
Premier Oil plc *		10,446		69,321
Salamander Energy plc *		5,512		25,252
Soco International plc *		5,976		35,502

				555,608


Food & Staples Retailing 0.1%
Booker Group plc		124,474		150,685


Food, Beverage & Tobacco 0.3%
Britvic plc		20,879		119,967
Dairy Crest Group plc		15,267		93,846
Devro plc		7,697		32,672
Greggs plc		8,324		69,551
Robert Wiseman Dairies plc		5,278		27,962

				343,998


Health Care Equipment & Services 0.0%
Synergy Health plc		2,314		36,084


Household & Personal Products 0.1%
McBride plc		20,261		43,650
PZ Cussons plc		7,369		45,662

				89,312


Insurance 0.5%
Admiral Group plc		5,061		128,377
Beazley plc		27,554		58,294
Jardine Lloyd Thompson Group plc		7,233		76,167
Lancashire Holdings Ltd.		14,249		162,918
St. James’s Place plc		7,612		46,064

				471,820


Materials 0.7%
Aquarius Platinum Ltd.		13,165		61,344
Croda International plc		3,287		102,312
DS Smith plc		39,551		152,581
Elementis plc		22,308		59,613
Filtrona plc		12,206		68,401
Fresnillo plc		1,297		37,212
Gem Diamonds Ltd. *		7,282		27,777
Hochschild Mining plc		2,812		22,014
Petropavlovsk plc		3,720		48,585
Randgold Resources Ltd.		822		74,617
Victrex plc		2,306		55,068
Yule Catto & Co. plc		9,118		31,879

				741,403


Media 0.3%
Aegis Group plc		55,307		140,308
Daily Mail & General Trust		16,151		108,557
Trinity Mirror plc *		30,401		21,957

				270,822


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Genus plc		1,822		29,087
Hikma Pharmaceuticals plc		2,752		30,823

				59,910


Real Estate 0.5%
Big Yellow Group plc		6,974		32,776
Capital & Counties Properties plc		20,922		64,366
Derwent London plc		3,156		92,702
Grainger plc		16,112		31,102
Great Portland Estates plc		10,877		74,076
Mapeley Ltd. (a)(b)*		2,199		—
Savills plc		5,670		31,495
Shaftesbury plc		8,726		73,050
Unite Group plc *		7,910		27,461
Workspace Group plc *		71,538		31,788

				458,816

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Retailing 0.5%
Carpetright plc		2,647		25,635
Game Group plc		80,023		36,636
Halfords Group plc		16,932		89,474
Howden Joinery Group plc *		27,024		50,521
Mothercare plc		6,097		40,635
N Brown Group plc		13,760		64,371
Sports Direct International *		16,410		71,623
WH Smith plc		13,775		114,564

				493,459


Semiconductors & Semiconductor Equipment 0.1%
ARM Holdings plc		8,595		81,954
CSR plc		9,401		42,950

				124,904


Software & Services 0.4%
Autonomy Corp. plc *		4,676		128,678
Computacenter plc		5,888		47,358
Micro Focus International plc		8,120		38,535
Misys plc *		17,483		113,472
Telecity Group plc *		3,590		32,484
Xchanging plc *		50,018		81,281

				441,808


Technology Hardware & Equipment 0.4%
Domino Printing Sciences plc		3,388		36,854
Halma plc		14,819		98,276
Laird plc		24,153		74,415
Premier Farnell plc		16,069		51,170
Spectris plc		4,360		112,165
Spirent Communications plc		12,162		26,004

				398,884


Telecommunication Services 0.1%
Colt Group S.A. *		19,460		38,906
TalkTalk Telecom Group plc		20,006		46,796

				85,702


Transportation 0.3%
BBA Aviation plc		31,725		109,631
Go-Ahead Group plc		4,480		114,091
Stobart Group Ltd.		13,518		30,666
Wincanton plc		12,200		21,327

				275,715


Utilities 0.2%
Northumbrian Water Group plc		25,528		188,848

				9,609,713

Total Common Stock
(Cost $89,983,475)				101,269,852




Preferred Stock 0.4% of net assets

Germany 0.4%


Capital Goods 0.1%
Jungheinrich AG		1,391		57,457
KSB AG		37		27,752

				85,209


Consumer Durables & Apparel 0.1%
Hugo Boss AG		566		61,590


Health Care Equipment & Services 0.1%
Draegerwerk AG & Co. KGAA		472		58,591


Materials 0.0%
Fuchs Petrolub AG		903		46,870


Media 0.1%
ProSiebenSat.1 Media AG		3,544		91,430


Transportation 0.0%
Sixt AG		2,572		51,645

				395,335

Republic of Korea 0.0%


Diversified Financials 0.0%
Daishin Securities Co., Ltd.		3,040		24,165

Total Preferred Stock
(Cost $276,899)				419,500




Warrants 0.0% of net assets

Italy 0.0%


Software & Services 0.0%
Tiscali S.p.A. *		33,436		72

Total Warrants
(Cost $—)				72




Other Investment Company 0.5% of net assets

United States 0.5%
iShares MSCI EAFE Small Cap Index Fund		12,000		514,680

Total Other Investment Company
(Cost $511,040)				514,680



End of Investments.



Collateral Invested for Securities on Loan 0.9% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		904,066		904,066

Total Collateral Invested for Securities on Loan
(Cost $904,066)				904,066



End of Collateral Invested for Securities on Loan.

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued

At 07/31/11, the tax basis cost of the fund’s investments was $91,247,463 and the unrealized appreciation and depreciation were $16,360,311 and ($5,403,670), respectively, with a net unrealized appreciation of $10,956,641.

At 07/31/11, the values of certain foreign securities held by the fund aggregating $84,985,474 were adjusted from their closing market values in accordance with procedures approved by the Board of Trustees.


*		Non-income producing security.
(a)		Fair-valued by management in accordance with procedures approved by the Board of Trustees.
(b)		Illiquid security. At the period end, the value of these amounted to $162,017 or 0.2% of net assets.
(c)		All or a portion of this security is on loan.


CVA —		Dutch Certificate
Reg’d —		Registered
REIT —		Real Estate Investment Trust


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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 funds value their holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of the foreign markets. The Board of Trustees 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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$—		$686,017		$—		$686,017
Australia(a)		—		4,802,999		—		4,802,999
Capital Goods		8,840		633,700		—		642,540
Austria(a)		—		440,347		—		440,347
Energy		31,048		—		—		31,048
Real Estate		195,120		70,852		—		265,972
Transportation		48,667		109,227		—		157,894
Utilities		109,635		—		—		109,635
Belgium(a)		—		480,583		—		480,583
Capital Goods		62,440		—		—		62,440
Diversified Financials		133,100		204,807		—		337,907
Health Care Equipment & Services		57,124		—		—		57,124
Media		51,348		—		—		51,348
Technology Hardware & Equipment		25,689		37,089		—		62,778
Telecommunication Services		101,918		107,896		—		209,814
Transportation		30,803		—		—		30,803
Canada(a)		7,822,058		—		—		7,822,058
Denmark(a)		—		1,117,605		—		1,117,605
Energy		36,889		—		—		36,889
Software & Services		59,990		—		—		59,990
Finland(a)		—		698,826		—		698,826
Capital Goods		62,861		311,665		—		374,526
Commercial & Professional Supplies		34,694		40,977		—		75,671
Food, Beverage & Tobacco		35,461		—		—		35,461
Health Care Equipment & Services		26,451		—		—		26,451
Real Estate		30,606		92,341		—		122,947
Retailing		46,411		—		—		46,411
Transportation		22,662		—		—		22,662
France(a)		—		995,391		—		995,391
Automobiles & Components		49,468		89,190		—		138,658
Capital Goods		46,239		84,020		—		130,259
Commercial & Professional Supplies		25,038		574,754		—		599,792
Consumer Durables & Apparel		118,123		321,608		—		439,731
Food, Beverage & Tobacco		28,401		121,543		—		149,944
Media		96,284		350,538		—		446,822
Real Estate		36,198		430,598		—		466,796
Software & Services		39,710		393,355		—		433,065
Transportation		61,717		127,807		—		189,524
Utilities		50,353		81,694		—		132,047

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Germany(a)		$—		$1,112,919		$—		$1,112,919
Automobiles & Components		24,598		150,161		—		174,759
Capital Goods		117,688		1,093,001		—		1,210,689
Diversified Financials		30,741		—		—		30,741
Materials		107,391		183,011		—		290,402
Media		52,766		229,585		—		282,351
Real Estate		153,234		111,617		—		264,851
Retailing		42,215		46,787		—		89,002
Transportation		54,886		265,213		—		320,099
Hong Kong(a)		—		5,041,593		—		5,041,593
Food, Beverage & Tobacco		23,362		579,580		—		602,942
Materials		—		415,823		16,440		432,263
Ireland(a)		—		147,683		—		147,683
Capital Goods		159,794		—		—		159,794
Consumer Services		63,262		—		—		63,262
Food, Beverage & Tobacco		191,295		—		—		191,295
Insurance		2,404		—		—		2,404
Transportation		24,934		—		—		24,934
Israel(a)		—		972,869		—		972,869
Materials		92,580		123,659		—		216,239
Italy(a)		—		2,453,362		—		2,453,362
Food & Staples Retailing		33,073		—		—		33,073
Health Care Equipment & Services		46,384		—		—		46,384
Materials		59,058		62,516		—		121,574
Media		60,466		91,127		—		151,593
Japan(a)		—		30,484,268		—		30,484,268
Consumer Durables & Apparel		48,191		1,610,495		—		1,658,686
Netherlands(a)		—		1,265,572		—		1,265,572
Food & Staples Retailing		60,452		—		—		60,452
Insurance		—		—		10,029		10,029
New Zealand(a)		—		477,496		—		477,496
Real Estate		35,427		87,313		—		122,740
Norway(a)		—		394,050		—		394,050
Banks		73,742		—		—		73,742
Capital Goods		29,721		—		—		29,721
Energy		46,419		481,308		—		527,727
Food, Beverage & Tobacco		146,709		—		—		146,709
Transportation		57,612		45,984		—		103,596
Portugal(a)		—		568,601		—		568,601
Capital Goods		34,623		—		—		34,623
Materials		76,395		159,846		—		236,241
Telecommunication Services		34,932		—		—		34,932

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Republic of Korea(a)		$—		$4,568,346		$—		$4,568,346
Diversified Financials		8,742		917,714		—		926,456
Food, Beverage & Tobacco		274,083		660,751		—		934,834
Household & Personal Products		314,233		—		—		314,233
Materials		79,762		1,648,668		—		1,728,430
Retailing		—		39,892		82,033		121,925
Singapore(a)		—		743,973		—		743,973
Real Estate		33,212		947,548		—		980,760
Transportation		70,023		279,755		—		349,778
Spain(a)		—		972,890		—		972,890
Banks		33,795		120,271		—		154,066
Capital Goods		88,542		212,984		—		301,526
Commercial & Professional Supplies		61,718		—		—		61,718
Food, Beverage & Tobacco		88,980		—		—		88,980
Media		71,126		124,820		—		195,946
Sweden(a)		—		717,013		—		717,013
Capital Goods		72,380		75,617		—		147,997
Commercial & Professional Supplies		129,609		107,838		—		237,447
Consumer Durables & Apparel		67,506		78,487		—		145,993
Consumer Services		24,269		30,660		—		54,929
Diversified Financials		93,324		—		—		93,324
Food & Staples Retailing		37,015		—		—		37,015
Pharmaceuticals, Biotechnology & Life Sciences		192,107		—		—		192,107
Real Estate		35,274		590,797		—		626,071
Retailing		75,262		30,671		—		105,933
Switzerland(a)		—		585,326		—		585,326
Automobiles & Components		29,355		—		—		29,355
Banks		85,919		194,487		—		280,406
Capital Goods		134,284		490,329		—		624,613
Diversified Financials		150,373		56,904		—		207,277
Food, Beverage & Tobacco		133,859		—		—		133,859
Health Care Equipment & Services		103,151		257,720		—		360,871
Materials		135,330		269,629		—		404,959
Real Estate		215,648		151,333		—		366,981
Retailing		154,992		—		—		154,992
Utilities		52,773		—		—		52,773

Schwab Fundamental International Small-Mid Company Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

United Kingdom(a)		$—		$2,641,099		$—		$2,641,099
Capital Goods		457,222		1,080,174		—		1,537,396
Consumer Durables & Apparel		69,817		239,242		—		309,059
Consumer Services		105,592		292,710		—		398,302
Diversified Financials		64,046		873,123		—		937,169
Food & Staples Retailing		150,685		—		—		150,685
Food, Beverage & Tobacco		60,634		283,364		—		343,998
Health Care Equipment & Services		36,084		—		—		36,084
Household & Personal Products		89,312		—		—		89,312
Materials		159,893		581,510		—		741,403
Media		21,957		248,865		—		270,822
Real Estate		90,058		368,758		—		458,816
Retailing		161,629		331,830		—		493,459
Software & Services		128,639		313,169		—		441,808
Technology Hardware & Equipment		125,585		273,299		—		398,884
Telecommunication Services		85,702		—		—		85,702
Transportation		51,993		223,722		—		275,715
Preferred Stock(a)		—		24,165		—		24,165
Germany		120,181		275,154		—		395,335
Warrants(a)		72		—		—		72
Other Investment Company(a)		514,680		—		—		514,680

Total		$17,110,127		$84,985,475		$108,502		$102,204,104

Other Financial Instruments
Collateral Invested for Securities on Loan		$903,066		$—		$—		$903,066


(a)		As categorized in Portfolio Holdings.

The following is a reconciliation of Level 3 Investments for which significant unobservable inputs were used to determine fair value:


	Balance							Change in										Balance
	as of		Accrued		Realized			Unrealized			Net			Gross		Gross		as of
	October 31,		Discounts		Gain			Gains			Purchases			Transfers		Transfers		July 31,
Investments in Securities	2010		(Premiums)		(Loss)			(Losses)			(Sales)			in		out		2011

Common Stock
Australia		$81,636		$—		$39,731			($39,185	)		($82,182	)		$—		$—		$—
Hong Kong		—		—		—			(10,146	)		26,586			—		—		16,440
Japan		—		—		(4,445	)		4,445			—			—		—		—
Netherlands		—		—		39,762			(33,297	)		(150,654	)		154,218		—		10,029
Republic of Korea		64,927				12,040			(35,198	)		18,485			21,779				82,033
Singapore		42,317		—		19,683			(19,953	)		(42,047	)		—		—		—
United Kingdom		3,968		—		(10,367	)		10,425			(4,026	)		—		—		—

Total		$192,848		$—		$96,404			($122,909	)		($233,838	)		$175,997		$—		$108,502

REG46849JUL11

Schwab Capital Trust
Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.


				Cost		Value
Holdings by Category				($)		($)

	89	.3%	Common Stock		262,042,313		299,801,796
	10	.1%	Preferred Stock		31,955,993		33,809,112


	99	.4%	Total Investments		293,998,306		333,610,908
	0	.1%	Collateral Invested for Securities on Loan		221,400		221,400
	0	.5%	Other Assets and Liabilities, Net				1,844,703


	100	.0%	Total Net Assets				335,677,011


	Number		Value
Security	of Shares		($)

Common Stock 89.3% of net assets

Brazil 6.7%


Banks 0.9%
Banco do Brasil S.A.		135,700		2,300,386
Banco Santander Brasil S.A.		80,000		751,588

				3,051,974


Capital Goods 0.2%
Embraer S.A.		89,200		644,764
Weg S.A.		17,800		192,823

				837,587


Consumer Durables & Apparel 0.1%
Cyrela Brazil Realty S.A.		30,000		294,032


Diversified Financials 0.3%
BM&F BOVESPA S.A.		166,100		971,420


Energy 1.6%
Petroleo Brasileiro S.A. - Petrobras		325,400		5,465,822


Food, Beverage & Tobacco 0.5%
BRF-Brasil Foods S.A.		45,200		859,787
Companhia de Bebidas das Americas		8,800		217,950
JBS S.A. *		59,500		178,019
Souza Cruz S.A.		33,700		402,005

				1,657,761


Household & Personal Products 0.2%
Natura Cosmeticos S.A.		22,300		506,867


Materials 1.6%
Companhia Siderurgica Nacional S.A.		93,300		973,398
Fibria Celulose S.A.		17,842		213,642
Gerdau S.A.		21,300		163,439
Suzano Papel e Celulose S.A.		28,600		189,947
Usinas Siderurgicas de Minas Gerais S.A.		42,500		580,972
Vale S.A.		101,300		3,277,708

				5,399,106


Software & Services 0.2%
Redecard S.A.		36,500		628,397


Telecommunication Services 0.1%
Tele Norte Leste Participacoes S.A.		23,300		359,675
Tim Participacoes S.A.		23,500		137,892

				497,567


Transportation 0.2%
All America Latina Logistica S.A.		38,800		280,208
CCR S.A.		14,400		433,527

				713,735


Utilities 0.8%
AES Tiete S.A.		4,800		69,639
Centrais Eletricas Brasileiras S.A.		75,300		909,902
Cia de Saneamento Basico do Estado de Sao Paulo		11,600		346,313
Companhia Energetica de Minas Gerais		9,625		152,054
EDP - Energias do Brasil S.A.		9,800		245,182
Light S.A.		22,600		405,120
Tractebel Energia S.A.		27,800		468,398

				2,596,608

				22,620,876

Chile 1.4%


Banks 0.2%
Banco de Chile		2,181,472		324,241
Banco Santander Chile		3,275,466		293,539

				617,780


Capital Goods 0.2%
Empresas Copec S.A.		40,088		711,945


Food & Staples Retailing 0.1%
Cencosud S.A.		50,425		332,750


Materials 0.1%
Empresas CMPC S.A.		10,995		528,457


Retailing 0.1%
S.A.C.I. Falabella		34,726		335,495


Telecommunication Services 0.1%
Empresa Nacional de Telecomunicaciones S.A.		13,706		277,116


Utilities 0.6%
Empresa Nacional de Electricidad S.A.		364,066		652,526
Enersis S.A.		2,771,380		1,223,647

				1,876,173

				4,679,716

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

China 14.2%


Automobiles & Components 0.2%
Dongfeng Motor Group Co., Ltd., Class H		164,000		324,195
Guangzhou Automobile Group Co., Ltd., Class H		218,000		262,694

				586,889


Banks 5.0%
Agricultural Bank of China Ltd., Class H		1,482,600		804,203
Bank of China Ltd., Class H		8,002,234		3,683,220
Bank of Communications Co., Ltd., Class H		843,700		735,439
China CITIC Bank Corp. Ltd., Class H *		818,000		501,010
China Construction Bank Corp., Class H		6,480,000		5,214,433
China Merchants Bank Co., Ltd., Class H		228,350		541,210
China Minsheng Banking Corp., Ltd., Class H		340,700		300,520
Industrial & Commercial Bank of China Ltd., Class H		6,440,172		4,890,984

				16,671,019


Capital Goods 0.6%
Beijing Enterprises Holdings Ltd.		45,500		229,718
China Communications Construction Co., Ltd., Class H		811,000		687,893
China International Marine Containers (Group) Co., Ltd., Class B		106,005		170,006
China Railway Construction Corp., Ltd., Class H		304,000		185,947
China Railway Group Ltd., Class H		595,000		222,723
Citic Pacific Ltd.		163,000		352,476
Shanghai Industrial Holdings Ltd.		62,000		225,196

				2,073,959


Energy 3.3%
China Coal Energy Co., Ltd., Class H		334,000		480,496
China Petroleum & Chemical Corp., Class H		2,904,000		2,876,611
China Shenhua Energy Co., Ltd., Class H		293,000		1,469,132
CNOOC Ltd.		1,174,000		2,613,338
PetroChina Co., Ltd., Class H		2,245,000		3,203,346
Yanzhou Coal Mining Co., Ltd., Class H		96,000		367,767

				11,010,690


Food & Staples Retailing 0.2%
China Resources Enterprise Ltd.		154,000		667,661


Insurance 1.0%
China Life Insurance Co., Ltd., Class H		508,000		1,694,200
China Pacific Insurance Group Co., Ltd., Class H		111,400		422,074
PICC Property & Casualty Co., Ltd., Class H *		190,000		327,580
Ping An Insurance (Group) Co. of China Ltd., Class H		80,500		782,863

				3,226,717


Materials 0.1%
Aluminum Corp. of China Ltd., Class H (a)		329,000		281,480
Angang Steel Co., Ltd., Class H		208,000		214,499

				495,979


Real Estate 0.3%
China Overseas Land & Investment Ltd.		264,000		591,144
Sino-Ocean Land Holdings Ltd.		448,000		250,854

				841,998


Telecommunication Services 3.2%
China Mobile Ltd.		680,500		6,770,191
China Telecom Corp., Ltd., Class H		2,746,000		1,799,111
China Unicom (Hong Kong) Ltd.		1,108,056		2,213,254

				10,782,556


Transportation 0.1%
China COSCO Holdings Co., Ltd., Class H		283,500		198,288
China Merchants Holdings International Co., Ltd.		66,000		234,290

				432,578


Utilities 0.2%
China Resources Power Holdings Co., Ltd.		185,000		360,201
Huaneng Power International, Inc., Class H		763,000		374,735

				734,936

				47,524,982

Colombia 1.0%


Banks 0.1%
Bancolombia S.A.		16,305		265,950


Diversified Financials 0.1%
Grupo de Inversiones Suramericana		18,358		371,713


Energy 0.7%
Ecopetrol S.A.		1,102,642		2,316,357


Materials 0.1%
Inversiones Argos S.A.		29,952		306,941

				3,260,961

Czech Republic 0.9%


Banks 0.1%
Komercni Banka A/S		1,820		405,696


Telecommunication Services 0.3%
Telefonica 02 Czech Republic A/S		35,486		902,734


Utilities 0.5%
CEZ A/S		32,784		1,696,664

				3,005,094

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)

Egypt 0.5%


Banks 0.1%
Commercial International Bank Egypt S.A.E. GDR		90,765		401,980


Capital Goods 0.2%
Orascom Construction Industries GDR		17,726		779,944


Telecommunication Services 0.2%
Orascom Telecom Holding S.A.E. GDR - Reg’d *		175,387		564,179

				1,746,103

Hungary 0.9%


Banks 0.4%
OTP Bank Nyrt. plc		48,837		1,408,947


Energy 0.3%
MOL Hungarian Oil & Gas plc *		10,841		1,163,310


Telecommunication Services 0.2%
Magyar Telekom Telecommunications plc		206,282		595,288

				3,167,545

India 6.6%


Automobiles & Components 0.1%
Bajaj Auto Ltd.		9,940		330,230


Banks 1.4%
Axis Bank Ltd.		59,965		1,816,329
HDFC Bank Ltd.		40,405		446,790
Housing Development Finance Corp., Ltd.		41,445		647,767
ICICI Bank Ltd.		47,081		1,102,827
Punjab National Bank Ltd.		4,782		121,707
State Bank of India		12,603		665,573

				4,800,993


Capital Goods 0.5%
Bharat Heavy Electricals Ltd.		7,847		326,584
Jaiprakash Associates Ltd.		147,326		221,954
Larsen & Toubro Ltd.		21,622		841,183
Tata Motors Ltd.		13,095		281,865

				1,671,586


Energy 1.5%
Bharat Petroleum Corp., Ltd.		38,986		580,491
Hindustan Petroleum Corp., Ltd.		110,508		960,287
Indian Oil Corp., Ltd.		57,221		407,889
Oil & Natural Gas Corp., Ltd.		149,372		910,400
Reliance Industries Ltd.		125,678		2,350,544

				5,209,611


Food, Beverage & Tobacco 0.6%
Balrampur Chini Mills Ltd.		597,814		806,584
ITC Ltd.		273,220		1,286,948

				2,093,532


Household & Personal Products 0.1%
Hindustan Unilever Ltd.		50,963		374,900


Materials 1.1%
Grasim Industries Ltd.		4,334		215,748
Hindalco Industries Ltd.		184,940		704,697
JSW Steel Ltd.		16,690		291,182
Steel Authority of India Ltd.		86,968		248,407
Sterlite Industries (India) Ltd.		117,296		425,425
Tata Chemicals Ltd.		34,307		274,770
Tata Steel Ltd.		111,076		1,410,776

				3,571,005


Real Estate 0.1%
DLF Ltd.		53,147		279,097


Software & Services 0.4%
Infosys Ltd.		19,577		1,222,815


Telecommunication Services 0.4%
Bharti Airtel Ltd.		84,206		831,677
Reliance Communications Ltd.		217,857		498,832

				1,330,509


Utilities 0.4%
GAIL India Ltd.		34,926		366,715
NTPC Ltd.		210,745		842,869
Reliance Infrastructure Ltd. *		19,757		241,780

				1,451,364

				22,335,642

Indonesia 1.5%


Automobiles & Components 0.5%
PT Astra International Tbk		194,000		1,606,955


Banks 0.4%
PT Bank Central Asia Tbk		574,000		559,065
PT Bank Rakyat Indonesia (Persero) Tbk		873,500		707,064

				1,266,129


Capital Goods 0.1%
PT United Tractors Tbk		115,500		370,479


Energy 0.2%
PT Bumi Resources Tbk		1,476,500		527,095


Telecommunication Services 0.3%
PT Telekomunikasi Indonesia Tbk		1,320,500		1,142,856

				4,913,514

Malaysia 3.7%


Automobiles & Components 0.1%
UMW Holdings Berhad		102,500		255,157


Banks 1.2%
CIMB Group Holdings Berhad		312,300		869,200
Malayan Banking Berhad		649,500		1,914,446
Public Bank Berhad		277,700		1,255,582

				4,039,228


Capital Goods 0.4%
IJM Corp. Berhad		105,100		223,090
Sime Darby Berhad		400,500		1,234,091

				1,457,181


Consumer Services 0.3%
Genting Berhad		178,000		648,004

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Genting Malaysia Berhad		218,600		268,499

				916,503


Diversified Financials 0.1%
AMMB Holdings Berhad		156,300		341,621


Food, Beverage & Tobacco 0.4%
British American Tobacco Malaysia Berhad		14,300		224,040
IOI Corp. Berhad		343,500		595,912
Kuala Lumpur Kepong Berhad		37,100		271,599
PPB Group Berhad		45,200		264,377

				1,355,928


Materials 0.1%
Petronas Chemicals Group Berhad *		152,400		351,519


Telecommunication Services 0.6%
Axiata Group Berhad		515,500		885,053
DIGI.com Berhad		59,700		606,454
Telekom Malaysia Berhad		264,000		360,243

				1,851,750


Transportation 0.2%
MISC Berhad		238,200		596,961
PLUS Expressways Berhad		146,300		214,574

				811,535


Utilities 0.3%
Petronas Gas Berhad		72,800		330,230
Tenaga Nasional Berhad		239,900		495,290
YTL Power International Berhad		362,507		239,132

				1,064,652

				12,445,074

Mexico 5.2%


Banks 0.2%
Grupo Financiero Banorte S.A.B. de C.V., Class O		169,000		740,085


Capital Goods 0.3%
Alfa S.A.B., Class A		32,000		468,932
Empresas ICA S.A.B. de C.V. *		127,100		258,482
Grupo Carso S.A.B. de C.V., Series A1		90,800		253,742

				981,156


Food & Staples Retailing 0.3%
Wal-Mart de Mexico S.A.B. de C.V., Series V		307,100		847,990


Food, Beverage & Tobacco 0.7%
Coca-Cola Femsa S.A.B. de C.V., Series L		36,200		349,438
Fomento Economico Mexicano S.A.B. de C.V.		196,700		1,424,476
Grupo Bimbo S.A.B. de C.V., Series A		118,800		285,529
Grupo Modelo S.A. de C.V., Series C		50,800		313,613

				2,373,056


Household & Personal Products 0.1%
Kimberly-Clark de Mexico S.A.B. de C.V., Class A		43,600		271,170


Materials 2.0%
Cemex S.A.B. de C.V., Series CPO *		5,228,690		3,697,454
Grupo Mexico S.A.B. de C.V., Series B		495,274		1,827,112
Industrias Penoles S.A. de C.V.		14,400		620,667
Minera Frisco S.A.B. de C.V., Series A1 *		141,388		710,476

				6,855,709


Media 0.3%
Grupo Televisa S.A., Series CPO		261,700		1,163,874


Telecommunication Services 1.2%
America Movil S.A.B. de C.V., Series L		2,206,800		2,846,562
Telefonos de Mexico S.A.B. de C.V., Series L		1,309,300		1,059,728

				3,906,290


Transportation 0.1%
Grupo Aeroportuario del Pacifico S.A.B. de C.V., Class B		68,300		279,897

				17,419,227

Poland 2.5%


Banks 0.4%
Bank Pekao S.A.		10,879		621,866
Powszechna Kasa Oszczednosci Bank Polski S.A.		56,019		825,649

				1,447,515


Energy 0.8%
Grupa Lotos S.A. *		19,274		264,107
Polski Koncern Naftowy Orlen S.A. *		118,249		1,981,998
Polskie Gornictwo Naftowe i Gazownictwo S.A.		193,339		294,622

				2,540,727


Insurance 0.2%
Powszechny Zaklad Ubezpieczen S.A.		4,979		677,074


Materials 0.4%
KGHM Polska Miedz S.A.		19,398		1,327,634


Telecommunication Services 0.3%
Telekomunikacja Polska S.A.		181,597		1,136,667


Utilities 0.4%
PGE S.A.		137,761		1,147,778

				8,277,395

Russia 12.3%


Banks 0.9%
Sberbank of Russia ADR *		160,678		2,372,272
VTB Bank OJSC GDR - Reg’d		103,432		618,612

				2,990,884


Energy 9.6%
Gazprom ADR		828,452		11,854,867
LUKOIL ADR		138,561		9,214,075
NovaTek OAO GDR - Reg’d.		6,611		1,025,806
Rosneft Oil Co. GDR - Reg’d		200,717		1,703,403
Surgutneftegaz ADR *		619,450		6,247,858
Tatneft ADR		49,665		2,077,487

				32,123,496


Materials 1.0%
Magnitogorsk Iron & Steel Works GDR - Reg’d		29,345		325,730

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Mining & Metallurgical Co. Norilsk Nickel OJSC ADR		63,177		1,683,425
Novolipetsk Steel GDR - Reg’d		18,008		671,358
Severstal GDR - Reg’d		36,707		709,280

				3,389,793


Telecommunication Services 0.4%
Mobile TeleSystems ADR		70,051		1,315,558


Utilities 0.4%
Federal Hydrogenerating Co. ADR		282,735		1,408,104

				41,227,835

South Africa 10.8%


Banks 1.5%
ABSA Group Ltd.		50,307		988,480
Nedbank Group Ltd.		38,121		800,443
Standard Bank Group Ltd.		212,015		3,083,009

				4,871,932


Capital Goods 1.0%
Aveng Ltd.		89,499		479,167
Barloworld Ltd.		81,260		784,407
Bidvest Group Ltd.		50,037		1,174,238
Murray & Roberts Holdings Ltd.		125,082		576,467
Reunert Ltd.		33,684		299,391

				3,313,670


Consumer Durables & Apparel 0.2%
Steinhoff International Holdings Ltd. *		215,633		752,102


Diversified Financials 1.1%
African Bank Investments Ltd.		107,122		539,452
FirstRand Ltd.		624,618		1,798,969
Investec Ltd.		45,569		367,097
Remgro Ltd.		47,021		779,057
RMB Holdings Ltd.		75,603		285,029

				3,769,604


Energy 1.0%
Sasol Ltd.		68,290		3,425,445


Food & Staples Retailing 0.4%
Massmart Holdings Ltd.		11,358		245,228
Pick n Pay Stores Ltd.		35,167		215,459
Shoprite Holdings Ltd.		43,158		670,706
The Spar Group Ltd.		20,189		277,394

				1,408,787


Food, Beverage & Tobacco 0.1%
Tiger Brands Ltd.		14,108		429,481


Health Care Equipment & Services 0.1%
Netcare Ltd.		136,434		296,627


Insurance 0.6%
Liberty Holdings Ltd.		26,997		302,680
MMI Holdings Ltd.		131,244		333,250
Sanlam Ltd.		355,077		1,432,992

				2,068,922


Materials 2.0%
Anglo Platinum Ltd.		8,015		685,057
AngloGold Ashanti Ltd.		11,191		469,319
ArcelorMittal South Africa Ltd.		39,701		408,027
Gold Fields Ltd.		55,928		867,937
Harmony Gold Mining Co., Ltd.		33,421		452,318
Impala Platinum Holdings Ltd.		77,889		1,989,158
Kumba Iron Ore Ltd.		4,621		351,811
Mondi Ltd.		30,240		239,863
Mpact Ltd. *		90,205		184,918
Nampak Ltd.		80,727		267,890
Pretoria Portland Cement Co., Ltd.		81,076		312,872
Sappi Ltd. *		109,251		497,050

				6,726,220


Media 0.2%
Naspers Ltd., Class N		12,910		690,920


Pharmaceuticals, Biotechnology & Life Sciences 0.1%
Aspen Pharmacare Holdings Ltd. *		38,429		478,352


Real Estate 0.2%
Growthpoint Properties Ltd.		185,657		511,147


Retailing 0.6%
Imperial Holdings Ltd.		42,481		729,785
JD Group Ltd.		32,085		204,858
The Foschini Group Ltd.		21,127		277,847
Truworths International Ltd.		25,357		274,628
Woolworths Holdings Ltd.		94,834		447,202

				1,934,320


Technology Hardware & Equipment 0.1%
DataTec Ltd.		69,563		408,343


Telecommunication Services 1.6%
MTN Group Ltd.		161,203		3,487,362
Telkom South Africa Ltd.		220,905		1,181,377
Vodacom Group Ltd.		44,387		564,950

				5,233,689

				36,319,561

Taiwan 17.7%


Banks 1.7%
Chang Hwa Commercial Bank		414,200		327,889
China Development Financial Holding Corp.		1,525,927		584,924
Chinatrust Financial Holding Co., Ltd.		1,116,760		1,008,476
First Financial Holding Co., Ltd.		709,749		588,582
Hua Nan Financial Holdings Co., Ltd.		752,335		592,579
Mega Financial Holding Co., Ltd.		1,365,000		1,314,091
SinoPac Financial Holdings Co., Ltd.		1,089,000		471,911
Taishin Financial Holding Co., Ltd. *		734,758		392,457
Taiwan Cooperative Bank		503,600		411,809

				5,692,718


Capital Goods 0.4%
Far Eastern New Century Corp.		453,335		727,338
Teco Electric & Machinery Co., Ltd.		361,000		258,001
Walsin Lihwa Corp. *		683,000		325,010

				1,310,349


Consumer Durables & Apparel 0.5%
Formosa Taffeta Co., Ltd.		255,000		288,543
Pou Chen Corp.		773,267		690,871
Tatung Co., Ltd. *		1,076,887		552,329

				1,531,743


Diversified Financials 0.5%
Fubon Financial Holding Co., Ltd.		744,333		1,214,317

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)
Yuanta Financial Holding Co., Ltd. *		608,000		434,694

				1,649,011


Energy 0.3%
Formosa Petrochemical Corp.		270,030		1,017,359


Food & Staples Retailing 0.1%
President Chain Store Corp.		75,000		479,834


Food, Beverage & Tobacco 0.3%
Uni-President Enterprises Corp.		636,533		1,044,636


Insurance 0.5%
Cathay Financial Holding Co., Ltd.		767,388		1,150,553
Shin Kong Financial Holding Co., Ltd. *		887,000		383,220

				1,533,773


Materials 3.2%
Asia Cement Corp.		382,330		590,978
China Steel Corp.		1,956,733		2,041,186
Formosa Chemicals & Fibre Corp.		494,420		1,791,276
Formosa Plastics Corp.		666,820		2,510,863
Nan Ya Plastics Corp.		1,025,160		2,835,997
Taiwan Cement Corp.		658,299		1,041,551

				10,811,851


Retailing 0.1%
Far Eastern Department Stores Co., Ltd.		151,000		329,060


Semiconductors & Semiconductor Equipment 3.6%
Advanced Semiconductor Engineering, Inc.		480,843		519,617
King Yuan Electronics Co., Ltd. *		510,000		222,462
Macronix International Co., Ltd.		321,000		160,425
MediaTek, Inc.		127,138		1,138,812
Novatek Microelectronics Corp.		73,000		204,299
Powerchip Technology Corp. *		2,494,940		324,816
Powertech Technology, Inc.		96,800		278,505
Siliconware Precision Industries Co.		563,270		561,277
Taiwan Semiconductor Manufacturing Co., Ltd.		2,996,689		7,447,219
United Microelectronics Corp.		2,406,965		1,081,560

				11,938,992


Technology Hardware & Equipment 5.4%
Acer, Inc.		506,496		702,710
Asustek Computer, Inc.		254,041		2,044,449
AU Optronics Corp.		2,145,800		1,175,909
Chimei Innolux Corp. *		461,357		247,384
Chunghwa Picture Tubes Ltd. *		1,825,486		217,978
CMC Magnetics Corp. *		902,000		181,266
Compal Electronics, Inc.		1,169,305		1,516,891
Coretronic Corp.		155,000		182,504
Delta Electronics, Inc.		153,025		541,641
Foxconn Technology Co., Ltd.		119,000		548,878
HannStar Display Corp. *		1,482,000		185,856
Hon Hai Precision Industry Co., Ltd.		1,394,042		3,975,601
HTC Corp.		50,473		1,501,444
Inventec Corp.		846,207		415,120
Lite-On Technology Corp.		656,815		858,853
Pegatron Corp. *		416,264		478,548
Quanta Computer, Inc.		722,500		1,779,778
Synnex Technology International Corp.		169,000		433,851
Unimicron Technology Corp.		147,000		261,532
Wistron Corp.		424,602		714,935
WPG Holdings Ltd.		155,000		259,026

				18,224,154


Telecommunication Services 1.1%
Chunghwa Telecom Co., Ltd.		698,906		2,422,361
Far EasTone Telecommunications Co., Ltd.		351,622		581,442
Taiwan Mobile Co., Ltd.		234,000		644,163

				3,647,966


Transportation 0.0%
Evergreen Marine Corp. *		243,000		166,704

				59,378,150

Thailand 1.6%


Banks 0.4%
Bangkok Bank Public Co., Ltd. - Reg’d		42,200		249,441
Kasikornbank Public Co., Ltd.		86,600		411,042
Siam Commercial Bank Public Co., Ltd.		125,400		531,872

				1,192,355


Energy 0.8%
IRPC PCL		1,547,800		298,402
PTT Exploration & Production Public Co., Ltd. - Reg’d		95,500		589,170
PTT PCL		124,487		1,448,348
Thai Oil Public Co., Ltd.		144,900		372,878

				2,708,798


Materials 0.1%
The Siam Cement Public Co., Ltd.		31,600		464,138


Telecommunication Services 0.3%
Advanced Info Service Public Co., Ltd.		263,075		1,018,782

				5,384,073

Turkey 1.8%


Banks 0.7%
Akbank T.A.S.		138,380		601,551
Turkiye Garanti Bankasi A/S		108,430		475,797
Turkiye Halk Bankasi A/S		34,264		239,253
Turkiye Is Bankasi, Class C		205,446		586,313
Turkiye Vakiflar Bankasi T.A.O., Class D		110,179		229,525
Yapi ve Kredi Bankasi A/S *		82,157		194,947

				2,327,386


Capital Goods 0.4%
Dogan Sirketler Grubu Holdings A/S *		518,494		265,739
Koc Holding A/S		276,985		1,155,917

				1,421,656


Diversified Financials 0.1%
Haci Omer Sabanci Holding A/S		71,887		280,339


Energy 0.2%
Tupras-Turkiye Petrol Rafinerileri A/S		29,662		719,994

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued


	Number		Value
Security	of Shares		($)


Materials 0.1%
Eregli Demir ve Celik Fabrikalari T.A.S.		148,901		350,232


Telecommunication Services 0.2%
Turk Telekomunikasyon A/S		76,570		326,341
Turkcell Iletisim Hizmetleri A/S *		46,839		240,666

				567,007


Transportation 0.1%
Turk Hava Yollari Anonim Ortakligi *		230,306		429,434

				6,096,048

Total Common Stock
(Cost $262,042,313)				299,801,796




Preferred Stock 10.1% of net assets

Brazil 10.0%


Banks 2.7%
Banco Bradesco S.A.		181,276		3,448,201
Itau Unibanco Holding S.A.		229,165		4,645,805
Itausa - Investimentos Itau S.A.		130,300		875,472

				8,969,478


Energy 2.3%
Petroleo Brasileiro S.A.		485,900		7,362,833
Ultrapar Participacoes S.A.		26,100		466,177

				7,829,010


Food & Staples Retailing 0.2%
Compania Brasileira de Distribuicao Grupo Pao de Acucar		15,100		646,997


Food, Beverage & Tobacco 0.4%
Companhia de Bebidas das Americas		49,300		1,455,619


Materials 2.4%
Bradespar S.A.		14,500		373,241
Braskem S.A., Class A		28,900		342,697
Gerdau S.A.		111,500		1,007,983
Klabin S.A.		58,400		199,204
Metalurgica Gerdau S.A.		98,200		1,123,299
Usinas Siderurgicas de Minas Gerais S.A., Class A		106,200		763,536
Vale S.A., Class A		141,900		4,173,233

				7,983,193


Telecommunication Services 1.0%
Brasil Telecom S.A.		81,711		691,265
Tele Norte Leste Participacoes S.A.		94,300		1,306,707
Telecomunicacoes de Sao Paulo S.A.		22,232		699,566
Telemar Norte Leste S.A., Class A		10,100		291,437
Tim Participacoes S.A.		60,500		298,433

				3,287,408


Utilities 1.0%
AES Tiete S.A.		11,100		173,208
Centrais Eletricas Brasileiras S.A., Class B		68,900		1,046,262
Companhia Energetica de Minas Gerais		69,908		1,336,539
Companhia Paranaense de Energia-Copel, Class B		17,200		414,792
Compania Energetica de Sao Paulo, Class B		14,700		303,318

				3,274,119

				33,445,824

Colombia 0.1%


Banks 0.1%
Bancolombia S.A.		22,242		363,288

Total Preferred Stock
(Cost $31,955,993)				33,809,112



End of Investments.



Collateral Invested for Securities on Loan 0.1% of net assets


Invesco Short Term Investments Trust Government & Agency Portfolio		221,400		221,400

Total Collateral Invested for Securities on Loan
(Cost $221,400)				221,400



End of Collateral Invested for Securities on Loan.

At 07/31/11, the tax basis cost of the fund’s investments was $297,843,604 and the unrealized appreciation and depreciation were $48,565,693 and ($12,798,389), respectively, with a net unrealized appreciation of $35,767,304.

At 07/31/11, the values of certain foreign securities held by the fund aggregating $231,845,570 were adjusted from their market values in accordance with procedures approved by the Board of Trustees.


*		Non-income producing security.
(a)		All or a portion of this security is on loan.


ADR —		American Depositary Receipt
GDR —		Global Depositary Receipt
Reg’d —		Registered


	•	Level 1 — quoted prices in active markets for identical securities — 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 and futures

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued

contracts. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.


	•	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 funds value their holdings may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of the foreign markets. The Board of Trustees 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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own assumption 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Common Stock(a)		$—		$114,984,191		$—		$114,984,191
Brazil(a)		22,620,876		—		—		22,620,876
Chile(a)		4,679,716		—		—		4,679,716
Colombia(a)		3,260,961		—		—		3,260,961
Czech Republic(a)		—		2,102,360		—		2,102,360
Telecommunication Services		902,734		—		—		902,734
Egypt(a)		—		966,159		—		966,159
Capital Goods		779,944		—		—		779,944
India(a)		—		17,126,031		—		17,126,031
Energy		1,368,176		3,841,435		—		5,209,611
Malaysia(a)		—		7,780,215		—		7,780,215
Capital Goods		223,090		1,234,091		—		1,457,181
Food, Beverage & Tobacco		488,417		867,511		—		1,355,928
Telecommunication Services		360,243		1,491,507		—		1,851,750
Mexico(a)		17,419,227		—		—		17,419,227
Poland(a)		—		5,736,668		—		5,736,668
Energy		294,622		2,246,105		—		2,540,727

Schwab Fundamental Emerging Markets Index Fund

Portfolio Holdings (Unaudited) continued


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total

Russia(a)		$—		$1,408,104		$—		$1,408,104
Banks		2,372,272		618,612		—		2,990,884
Energy		2,077,487		30,046,009		—		32,123,496
Materials		325,730		3,064,063		—		3,389,793
Telecommunication Services		1,315,558		—		—		1,315,558
South Africa(a)		—		18,703,319		—		18,703,319
Capital Goods		1,355,025		1,958,645		—		3,313,670
Materials		184,918		6,541,302		—		6,726,220
Retailing		757,333		1,176,987		—		1,934,320
Technology Hardware & Equipment		408,343		—		—		408,343
Telecommunication Services		1,746,327		3,487,362		—		5,233,689
Thailand(a)		—		464,138		—		464,138
Banks		531,872		660,483		—		1,192,355
Energy		2,708,798		—		—		2,708,798
Telecommunication Services		1,018,782		—		—		1,018,782
Turkey(a)		—		5,099,607		—		5,099,607
Telecommunication Services		326,341		240,666		—		567,007
Transportation		429,434		—		—		429,434
Preferred Stock(a)		33,809,112		—		—		33,809,112

Total		$101,765,338		$231,845,570		$—		$333,610,908

Other Financial Instruments
Collateral Invested for Securities on Loan		$221,400		$—		$—		$221,400


(a)		As categorized in Portfolio Holdings.

REG46850JUL11

Schwab Capital Trust
Schwab Target 2010 Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.2%

Other Investment Companies

58,212,917

66,985,173

.2%

Short-Term Investment

842,571

.4%

Total Investments

59,055,488

67,827,744

.6%

Other Assets and Liabilities, Net

407,209

100

.0%

Total Net Assets

68,234,953


	Number		Value
Security	of Shares		($)

Other Investment Companies 98.2% of net assets

Equity Funds 38.8%


Global Real Estate 2.0%
Schwab Global Real Estate Fund (a)		201,314		1,338,740


International 10.1%
American Century International Growth Fund, Institutional Shares		108,620		1,255,652
Laudus International MarketMasters Fund, Select Shares (a)		130,093		2,569,344
Laudus Mondrian Emerging Markets Fund, Institutional Shares (a)		94,289		914,599
Laudus Mondrian International Equity Fund, Institutional Shares (a)		158,779		1,257,533
William Blair International Small Cap Growth Fund, Institutional Shares		67,049		935,330

				6,932,458


Large-Cap 22.6%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		201,345		2,754,394
Schwab Core Equity Fund (a)		304,335		5,307,599
Schwab Dividend Equity Fund (a)		96,424		1,279,540
Schwab S&P 500 Index Fund (a)		233,983		4,754,545
TCW Relative Value Large Cap Fund		97,545		1,337,335

				15,433,413


Small-Cap 4.1%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		71,379		949,336
Schwab Small-Cap Equity Fund (a)*		109,610		1,830,480

				2,779,816

				26,484,427

Fixed-Income Funds 54.3%


Inflation-Protected Bond 3.1%
Schwab Inflation Protected Fund (a)		180,915		2,076,908


Intermediate-Term Bond 36.2%
Natixis Loomis Sayles Investment Grade Bond Fund, Class Y Shares		230,858		2,920,357
PIMCO Total Return Fund, Institutional Shares		370,293		4,110,254
Schwab Premier Income Fund (a)		392,864		4,105,429
Schwab Total Bond Market Fund (a)		1,441,149		13,546,796

				24,682,836


International Bond 2.5%
Laudus Mondrian International Fixed Income Fund (a)		136,405		1,726,890


Short-Term Bond 12.5%
Schwab Short-Term Bond Market Fund (a)		924,857		8,545,681

				37,032,315

Money Market Fund 5.1%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		3,468,431		3,468,431

Total Other Investment Companies
(Cost $58,212,917)				66,985,173



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 1.2% of net assets

Time Deposit 1.2%
Citibank
0.03%, 08/01/11		842,571		842,571

Total Short-Term Investment
(Cost $842,571)				842,571



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $59,944,437 and the unrealized appreciation and depreciation were $8,081,720 and ($198,413), respectively, with a net unrealized appreciation of $7,883,307.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.

Schwab Target 2010 Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$66,985,173		$—		$—		$66,985,173
Short-Term Investment(a)		—		842,571		—		842,571

Total		$66,985,173		$842,571		$—		$67,827,744


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46838JUL11

Schwab Capital Trust
Schwab Target 2015 Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.4%

Other Investment Companies

45,608,788

51,715,222

.7%

Short-Term Investment

355,950

.1%

Total Investments

45,964,738

52,071,172

.9%

Other Assets and Liabilities, Net

451,723

100

.0%

Total Net Assets

52,522,895


	Number		Value
Security	of Shares		($)

Other Investment Companies 98.4% of net assets

Equity Funds 51.7%


Global Real Estate 3.3%
Schwab Global Real Estate Fund (a)		260,854		1,734,679


International 13.0%
American Century International Growth Fund, Institutional Shares		105,269		1,216,904
Laudus International MarketMasters Fund, Select Shares (a)		122,574		2,420,829
Laudus Mondrian Emerging Markets Fund, Institutional Shares (a)		100,827		978,021
Laudus Mondrian International Equity Fund, Institutional Shares (a)		156,446		1,239,051
William Blair International Small Cap Growth Fund, Institutional Shares		71,012		990,617

				6,845,422


Large-Cap 28.8%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		195,267		2,671,253
Schwab Core Equity Fund (a)		301,965		5,266,276
Schwab Dividend Equity Fund (a)		93,204		1,236,811
Schwab S&P 500 Index Fund (a)		231,041		4,694,743
TCW Relative Value Large Cap Fund		92,607		1,269,644

				15,138,727


Small-Cap 6.6%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		89,182		1,186,122
Schwab Small-Cap Equity Fund (a)*		136,791		2,284,409

				3,470,531

				27,189,359

Fixed-Income Funds 43.3%


Inflation-Protected Bond 3.0%
Schwab Inflation Protected Fund (a)		138,798		1,593,399


Intermediate-Term Bond 30.2%
Natixis Loomis Sayles Investment Grade Bond Fund, Class Y Shares		146,937		1,858,759
PIMCO Total Return Fund, Institutional Shares		214,440		2,380,286
Schwab Premier Income Fund (a)		201,697		2,107,738
Schwab Total Bond Market Fund (a)		1,011,865		9,511,532

				15,858,315


International Bond 2.6%
Laudus Mondrian International Fixed Income Fund (a)		105,320		1,333,345


Short-Term Bond 7.5%
Schwab Short-Term Bond Market Fund (a)		427,397		3,949,153

				22,734,212

Money Market Fund 3.4%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		1,791,651		1,791,651

Total Other Investment Companies
(Cost $45,608,788)				51,715,222



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.7% of net assets

Time Deposit 0.7%
Citibank
0.03%, 08/01/11		355,950		355,950

Total Short-Term Investment
(Cost $355,950)				355,950



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $46,201,168 and the unrealized appreciation and depreciation were $5,870,004 and ($0), respectively, with a net unrealized appreciation of $5,870,004.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.

Schwab Target 2015 Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$51,715,222		$—		$—		$51,715,222
Short-Term Investment(a)		—		355,950		—		355,950

Total		$51,715,222		$355,950		$—		$52,071,172


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46839JUL11

Schwab Capital Trust
Schwab Target 2020 Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.0%

Other Investment Companies

240,362,625

282,525,548

.7%

Short-Term Investment

1,927,885

.7%

Total Investments

242,290,510

284,453,433

.3%

Other Assets and Liabilities, Net

729,274

100

.0%

Total Net Assets

285,182,707


	Number		Value
Security	of Shares		($)

Other Investment Companies 99.0% of net assets

Equity Funds 62.8%


Global Real Estate 3.5%
Schwab Global Real Estate Fund (a)		1,517,058		10,088,434


International 16.0%
American Century International Growth Fund, Institutional Shares		696,723		8,054,122
Laudus International MarketMasters Fund, Select Shares (a)		811,022		16,017,692
Laudus Mondrian Emerging Markets Fund, Institutional Shares (a)		700,016		6,790,153
Laudus Mondrian International Equity Fund, Institutional Shares (a)		1,005,835		7,966,213
William Blair International Small Cap Growth Fund, Institutional Shares		490,897		6,848,013

				45,676,193


Large-Cap 35.9%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		1,296,767		17,739,773
Schwab Core Equity Fund (a)		2,093,008		36,502,061
Schwab Dividend Equity Fund (a)		632,737		8,396,425
Schwab S&P 500 Index Fund (a)		1,543,734		31,368,683
TCW Relative Value Large Cap Fund		609,077		8,350,446

				102,357,388


Small-Cap 7.4%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		548,789		7,298,894
Schwab Small-Cap Equity Fund (a)*		824,453		13,768,368

				21,067,262

				179,189,277

Fixed-Income Funds 35.1%


Inflation-Protected Bond 2.5%
Schwab Inflation Protected Fund (a)		624,293		7,166,887


Intermediate-Term Bond 27.1%
Natixis Loomis Sayles Investment Grade Bond Fund, Class Y Shares		441,099		5,579,902
PIMCO Total Return Fund, Institutional Shares		952,005		10,567,253
Schwab Premier Income Fund (a)		807,784		8,441,347
Schwab Total Bond Market Fund (a)		5,596,577		52,607,823

				77,196,325


International Bond 2.5%
Laudus Mondrian International Fixed Income Fund (a)		568,073		7,191,800


Short-Term Bond 3.0%
Schwab Short-Term Bond Market Fund (a)		930,010		8,593,295

				100,148,307

Money Market Fund 1.1%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		3,187,964		3,187,964

Total Other Investment Companies
(Cost $240,362,625)				282,525,548



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.7% of net assets

Time Deposit 0.7%
Citibank
0.03%, 08/01/11		1,927,885		1,927,885

Total Short-Term Investment
(Cost $1,927,885)				1,927,885



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $244,775,646 and the unrealized appreciation and depreciation were $41,072,758 and ($1,394,971), respectively, with a net unrealized appreciation of $39,677,787.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.

Schwab Target 2020 Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$282,525,548		$—		$—		$282,525,548
Short-Term Investment(a)		—		1,927,885		—		1,927,885

Total		$282,525,548		$1,927,885		$—		$284,453,433


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46840JUL11

Schwab Capital Trust
Schwab Target 2025 Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.3%

Other Investment Companies

87,729,066

100,481,919

.6%

Short-Term Investment

608,425

.9%

Total Investments

88,337,491

101,090,344

.1%

Other Assets and Liabilities, Net

74,317

100

.0%

Total Net Assets

101,164,661


	Number		Value
Security	of Shares		($)

Other Investment Companies 99.3% of net assets

Equity Funds 71.7%


Global Real Estate 4.0%
Schwab Global Real Estate Fund (a)		608,606		4,047,232


International 18.1%
American Century International Growth Fund, Institutional Shares		284,977		3,294,328
Laudus International MarketMasters Fund, Select Shares (a)		328,245		6,482,830
Laudus Mondrian Emerging Markets Fund, Institutional Shares (a)		270,875		2,627,488
Laudus Mondrian International Equity Fund, Institutional Shares (a)		414,832		3,285,472
William Blair International Small Cap Growth Fund, Institutional Shares		190,246		2,653,926

				18,344,044


Large-Cap 40.8%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		513,429		7,023,708
Schwab Core Equity Fund (a)		885,656		15,445,848
Schwab Dividend Equity Fund (a)		272,572		3,617,033
Schwab S&P 500 Index Fund (a)		587,932		11,946,772
TCW Relative Value Large Cap Fund		232,908		3,193,166

				41,226,527


Small-Cap 8.8%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		222,679		2,961,630
Schwab Small-Cap Equity Fund (a)*		358,502		5,986,992

				8,948,622

				72,566,425

Fixed-Income Funds 26.2%


Inflation-Protected Bond 2.0%
Schwab Inflation Protected Fund (a)		178,979		2,054,675


Intermediate-Term Bond 22.1%
Natixis Loomis Sayles Investment Grade Bond Fund, Class Y Shares		103,429		1,308,378
PIMCO Total Return Fund, Institutional Shares		256,400		2,846,035
Schwab Premier Income Fund (a)		214,789		2,244,543
Schwab Total Bond Market Fund (a)		1,701,445		15,993,584

				22,392,540


International Bond 2.1%
Laudus Mondrian International Fixed Income Fund (a)		163,519		2,070,151

				26,517,366

Money Market Fund 1.4%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		1,398,128		1,398,128

Total Other Investment Companies
(Cost $87,729,066)				100,481,919



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.6% of net assets

Time Deposit 0.6%
Citibank
0.03%, 08/01/11		608,425		608,425

Total Short-Term Investment
(Cost $608,425)				608,425



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $89,066,418 and the unrealized appreciation and depreciation were $12,023,926 and ($0), respectively, with a net unrealized appreciation of $12,023,926.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.

Schwab Target 2025 Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$100,481,919		$—		$—		$100,481,919
Short-Term Investment(a)		—		608,425		—		608,425

Total		$100,481,919		$608,425		$—		$101,090,344


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46841JUL11

Schwab Capital Trust
Schwab Target 2030 Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.3%

Other Investment Companies

317,684,242

380,487,362

.2%

Short-Term Investment

944,411

.5%

Total Investments

318,628,653

381,431,773

.5%

Other Assets and Liabilities, Net

1,831,126

100

.0%

Total Net Assets

383,262,899


	Number		Value
Security	of Shares		($)

Other Investment Companies 99.3% of net assets

Equity Funds 78.8%


Global Real Estate 4.3%
Schwab Global Real Estate Fund (a)		2,501,480		16,634,842


International 20.2%
American Century International Growth Fund, Institutional Shares		1,172,151		13,550,064
Laudus International MarketMasters Fund, Select Shares (a)		1,326,943		26,207,122
Laudus Mondrian Emerging Markets Fund, Institutional Shares (a)		1,243,333		12,060,327
Laudus Mondrian International Equity Fund, Institutional Shares (a)		1,721,595		13,635,034
William Blair International Small Cap Growth Fund, Institutional Shares		862,493		12,031,782

				77,484,329


Large-Cap 43.8%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		2,038,998		27,893,498
Schwab Core Equity Fund (a)		3,774,610		65,829,204
Schwab Dividend Equity Fund (a)		990,315		13,141,480
Schwab S&P 500 Index Fund (a)		2,340,646		47,561,930
TCW Relative Value Large Cap Fund		966,349		13,248,651

				167,674,763


Small-Cap 10.5%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		1,036,046		13,779,418
Schwab Small-Cap Equity Fund (a)*		1,579,690		26,380,826

				40,160,244

				301,954,178

Fixed-Income Funds 19.3%


Inflation-Protected Bond 1.4%
Schwab Inflation Protected Fund (a)		482,129		5,534,840


Intermediate-Term Bond 16.4%
PIMCO Total Return Fund, Institutional Shares		715,459		7,941,593
Schwab Premier Income Fund (a)		596,820		6,236,765
Schwab Total Bond Market Fund (a)		5,179,446		48,686,790

				62,865,148


International Bond 1.5%
Laudus Mondrian International Fixed Income Fund (a)		440,307		5,574,286

				73,974,274

Money Market Fund 1.2%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		4,558,910		4,558,910

Total Other Investment Companies
(Cost $317,684,242)				380,487,362



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.2% of net assets

Time Deposit 0.2%
Citibank
0.03%, 08/01/11		944,411		944,411

Total Short-Term Investment
(Cost $944,411)				944,411



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $322,637,559 and the unrealized appreciation and depreciation were $59,743,631 and ($949,417), respectively, with a net unrealized appreciation of $58,794,214.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.

Schwab Target 2030 Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$380,487,362		$—		$—		$380,487,362
Short-Term Investment(a)		—		944,411		—		944,411

Total		$380,487,362		$944,411		$—		$381,431,773


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46842JUL11

Schwab Capital Trust
Schwab Target 2035 Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.1%

Other Investment Companies

62,972,380

74,363,320

.0%

Short-Term Investment

741,605

100

.1%

Total Investments

63,713,985

75,104,925

.1)%

Other Assets and Liabilities, Net

(78,054

)

100

.0%

Total Net Assets

75,026,871


	Number		Value
Security	of Shares		($)

Other Investment Companies 99.1% of net assets

Equity Funds 84.8%


Global Real Estate 4.6%
Schwab Global Real Estate Fund (a)		522,306		3,473,335


International 21.2%
American Century International Growth Fund, Institutional Shares		243,227		2,811,705
Laudus International MarketMasters Fund, Select Shares (a)		274,320		5,417,825
Laudus Mondrian Emerging Markets Fund, Institutional Shares (a)		252,073		2,445,104
Laudus Mondrian International Equity Fund, Institutional Shares (a)		355,212		2,813,278
William Blair International Small Cap Growth Fund, Institutional Shares		174,042		2,427,891

				15,915,803


Large-Cap 47.8%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		454,166		6,212,995
Schwab Core Equity Fund (a)		814,361		14,202,451
Schwab Dividend Equity Fund (a)		228,699		3,034,830
Schwab S&P 500 Index Fund (a)		458,918		9,325,204
TCW Relative Value Large Cap Fund		222,100		3,044,985

				35,820,465


Small-Cap 11.2%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		220,855		2,937,376
Schwab Small-Cap Equity Fund (a)*		327,895		5,475,853

				8,413,229

				63,622,832

Fixed-Income Funds 13.2%


Inflation-Protected Bond 1.0%
Schwab Inflation Protected Fund (a)		67,349		773,169


Intermediate-Term Bond 11.1%
PIMCO Total Return Fund, Institutional Shares		67,645		750,858
Schwab Premier Income Fund (a)		93,432		976,369
Schwab Total Bond Market Fund (a)		704,017		6,617,764

				8,344,991


International Bond 1.1%
Laudus Mondrian International Fixed Income Fund (a)		61,286		775,877

				9,894,037

Money Market Fund 1.1%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		846,451		846,451

Total Other Investment Companies
(Cost $62,972,380)				74,363,320



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 1.0% of net assets

Time Deposit 1.0%
Citibank
0.03%, 08/01/11		741,605		741,605

Total Short-Term Investment
(Cost $741,605)				741,605



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $64,502,811 and the unrealized appreciation and depreciation were $10,602,114 and ($0), respectively, with a net unrealized appreciation of $10,602,114.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.

Schwab Target 2035 Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$74,363,320		$—		$—		$74,363,320
Short-Term Investment(a)		—		741,605		—		741,605

Total		$74,363,320		$741,605		$—		$75,104,925


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46843JUL11

Schwab Capital Trust
Schwab Target 2040 Fund

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.4%

Other Investment Companies

288,895,986

348,242,812

.4%

Short-Term Investment

1,498,527

.8%

Total Investments

290,394,513

349,741,339

.2%

Other Assets and Liabilities, Net

747,317

100

.0%

Total Net Assets

350,488,656


	Number		Value
Security	of Shares		($)

Other Investment Companies 99.4% of net assets

Equity Funds 88.8%


Global Real Estate 5.0%
Schwab Global Real Estate Fund (a)		2,635,963		17,529,156


International 22.3%
American Century International Growth Fund, Institutional Shares		1,205,418		13,934,631
Laudus International MarketMasters Fund, Select Shares (a)		1,322,746		26,124,234
Laudus Mondrian Emerging Markets Fund, Institutional Shares (a)		1,246,488		12,090,935
Laudus Mondrian International Equity Fund, Institutional Shares (a)		1,748,465		13,847,842
William Blair International Small Cap Growth Fund, Institutional Shares		865,051		12,067,464

				78,065,106


Large-Cap 49.6%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		2,278,009		31,163,157
Schwab Core Equity Fund (a)		3,954,773		68,971,249
Schwab Dividend Equity Fund (a)		1,140,573		15,135,403
Schwab S&P 500 Index Fund (a)		2,177,312		44,242,983
TCW Relative Value Large Cap Fund		1,049,917		14,394,368

				173,907,160


Small-Cap 11.9%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		1,080,014		14,364,190
Schwab Small-Cap Equity Fund (a)*		1,635,345		27,310,266

				41,674,456

				311,175,878

Fixed-Income Funds 9.2%


Inflation-Protected Bond 0.9%
Schwab Inflation Protected Fund (a)		256,982		2,950,148


Intermediate-Term Bond 7.5%
PIMCO Total Return Fund, Institutional Shares		262,390		2,912,529
Schwab Premier Income Fund (a)		383,214		4,004,591
Schwab Total Bond Market Fund (a)		2,072,114		19,477,874

				26,394,994


International Bond 0.8%
Laudus Mondrian International Fixed Income Fund (a)		231,530		2,931,173

				32,276,315

Money Market Fund 1.4%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		4,790,619		4,790,619

Total Other Investment Companies
(Cost $288,895,986)				348,242,812



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.4% of net assets

Time Deposit 0.4%
Citibank
0.03%, 08/01/11		1,498,527		1,498,527

Total Short-Term Investment
(Cost $1,498,527)				1,498,527



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $294,574,141 and the unrealized appreciation and depreciation were $55,167,198 and ($0), respectively, with a net unrealized appreciation of $55,167,198.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.

Schwab Target 2040 Fund

Portfolio Holdings (Unaudited) continued


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$348,242,812		$—		$—		$348,242,812
Short-Term Investment(a)		—		1,498,527		—		1,498,527

Total		$348,242,812		$1,498,527		$—		$349,741,339


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46844JUL11

Schwab Capital Trust
Schwab Balanced Fund™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.1%

Other Investment Companies

89,770,004

95,288,520

.1%

Total Investments

89,770,004

95,288,520

.9%

Other Assets and Liabilities

842,707

100

.0%

Net Assets

96,131,227


	Number		Value
Security	of Shares		($)

Other Investment Companies 99.1% of net assets

Equity Funds 59.6%


Large-Cap 49.7%
Laudus Growth Investors U.S. Large Cap Growth Fund (a)		1,065,469		14,575,614
Schwab Core Equity Fund (a)		1,905,078		33,224,557

				47,800,171


Small-Cap 9.9%
Laudus Small-Cap MarketMasters Fund, Select Shares (a)*		712,628		9,477,949

				57,278,120

Fixed-Income Funds 37.4%


Intermediate-Term Bond 37.4%
Schwab Premier Income Fund (a)		1,114,861		11,650,294
Schwab Total Bond Market Fund (a)		2,589,715		24,343,324

				35,993,618

Money Market Fund 2.1%
State Street Institutional Liquid Reserves Fund - Institutional Class		2,016,782		2,016,782

Total Other Investment Companies
(Cost $89,770,004)				95,288,520



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $90,871,358 and the unrealized appreciation and depreciation were $4,460,535 and ($43,373), respectively, with a net unrealized appreciation of $ 4,417,162.


*		Non-income producing security.
(a)		Issuer is affiliated with the fund’s adviser.


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more

Schwab Balanced Fund

Portfolio Holdings (Unaudited) continued


		valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.

Quoted Prices in

Significant

Active Markets for

Significant Other

Unobservable

Identical Assets

Observable Inputs

Inputs

Description

(Level 1)

(Level 2)

(Level 3)

Total*

Other Investment Companies(a)

$95,288,520

$—

$95,288,520

Total

$95,288,520

$—

$95,288,520


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46831JUL11

Schwab Capital Trust
Schwab MarketTrack All Equity Portfolio™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.7%

Other Investment Companies

426,147,700

512,704,173

.2%

Short-Term Investment

1,148,491

.9%

Total Investments

427,296,191

513,852,664

.1%

Other Assets and Liabilities, Net

549,211

100

.0%

Total Net Assets

514,401,875


	Number		Value
Security	of Shares		($)

Other Investment Companies 99.7% of net assets

Equity Funds 99.7%


International 30.1%
Schwab International Index Fund (a)		8,660,138		154,670,059


Large-Cap 45.0%
Schwab S&P 500 Index Fund (a)		11,382,191		231,286,114


Small-Cap 24.6%
Schwab Small-Cap Index Fund (a)		5,790,224		126,748,000

Total Other Investment Companies
(Cost $426,147,700)				512,704,173



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.2% of net assets

Time Deposit 0.2%
Citibank
0.03%, 08/01/11		1,148,491		1,148,491

Total Short-Term Investment
(Cost $1,148,491)				1,148,491



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $450,190,888 and the unrealized appreciation and depreciation were $63,661,776 and ($0), respectively, with a net unrealized appreciation of $63,661,776.


(a)		Issuer is affiliated with the fund’s adviser.


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund in estimating the value

Schwab MarketTrack All Equity Portfolio

Portfolio Holdings (Unaudited) continued


		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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$512,704,173		$—		$—		$512,704,173
Short-Term Investment(a)		—		1,148,491		—		1,148,491

Total		$512,704,173		$1,148,491		$—		$513,852,664


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46832JUL11

Schwab Capital Trust
Schwab MarketTrack Growth Portfolio™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.7%

Other Investment Companies

518,261,511

681,214,103

.0%

Short-Term Investment

6,900,150

.7%

Total Investments

525,161,661

688,114,253

.3%

Other Assets and Liabilities, Net

2,055,126

100

.0%

Total Net Assets

690,169,379


	Number		Value
Security	of Shares		($)

Other Investment Companies 98.7% of net assets

Equity Funds 79.9%


International 20.1%
Schwab International Index Fund (a)		7,756,083		138,523,649


Large-Cap 39.9%
Schwab S&P 500 Index Fund (a)		13,569,726		275,736,829


Small-Cap 19.9%
Schwab Small-Cap Index Fund (a)		6,263,533		137,108,742

				551,369,220

Fixed-Income Fund 15.2%


Intermediate-Term Bond 15.2%
Schwab Total Bond Market Fund (a)		11,149,797		104,808,092

Money Market Fund 3.6%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		25,036,791		25,036,791

Total Other Investment Companies
(Cost $518,261,511)				681,214,103



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 1.0% of net assets

Time Deposit 1.0%
Citibank
0.03%, 08/01/11		6,900,150		6,900,150

Total Short-Term Investment
(Cost $6,900,150)				6,900,150



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $531,438,020 and the unrealized appreciation and depreciation were $156,676,233 and ($0), respectively, with a net unrealized appreciation of $156,676,233.


(a)		Issuer is affiliated with the fund’s adviser.


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

Schwab MarketTrack Growth Portfolio

Portfolio Holdings (Unaudited) continued


	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$681,214,103		$—		$—		$681,214,103
Short-Term Investment(a)		—		6,900,150		—		6,900,150

Total		$681,214,103		$6,900,150		$—		$688,114,253


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46835JUL11

Schwab Capital Trust
Schwab MarketTrack Balanced Portfolio™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.7%

Other Investment Companies

349,227,265

452,054,119

.2%

Short-Term Investment

5,239,838

.9%

Total Investments

354,467,103

457,293,957

.1%

Other Assets and Liabilities, Net

540,604

100

.0%

Total Net Assets

457,834,561


	Number		Value
Security	of Shares		($)

Other Investment Companies 98.7% of net assets

Equity Funds 59.7%


International 15.0%
Schwab International Index Fund (a)		3,851,844		68,793,929


Large-Cap 29.8%
Schwab S&P 500 Index Fund (a)		6,710,239		136,352,056


Small-Cap 14.9%
Schwab Small-Cap Index Fund (a)		3,107,923		68,032,440

				273,178,425

Fixed-Income Fund 35.3%


Intermediate-Term Bond 35.3%
Schwab Total Bond Market Fund (a)		17,218,265		161,851,690

Money Market Fund 3.7%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		17,024,004		17,024,004

Total Other Investment Companies
(Cost $349,227,265)				452,054,119



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 1.2% of net assets

Time Deposit 1.2%
Citibank
0.03%, 08/01/11		5,239,838		5,239,838

Total Short-Term Investment
(Cost $5,239,838)				5,239,838



End of Investments.

At 07/31/11, the tax basis cost of the fund’s investments was $364,237,553 and the unrealized appreciation and depreciation were $93,056,404 and ($0), respectively, with a net unrealized appreciation of $93,056,404.


(a)		Issuer is affiliated with the fund’s adviser.


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

Schwab MarketTrack Balanced Portfolio

Portfolio Holdings (Unaudited) continued


	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$452,054,119		$—		$—		$452,054,119
Short-Term Investment(a)		—		5,239,838		—		5,239,838

Total		$452,054,119		$5,239,838		$—		$457,293,957


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46833JUL11

Schwab Capital Trust
Schwab MarketTrack Conservative Portfolio™

Portfolio Holdings as of July 31, 2011 (Unaudited)

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.

Cost

Value

Holdings by Category

($)

.7%

Other Investment Companies

162,053,162

195,878,717

.9%

Short-Term Investment

1,796,950

.6%

Total Investments

163,850,112

197,675,667

.4%

Other Assets and Liabilities, Net

737,884

100

.0%

Total Net Assets

198,413,551


	Number		Value
Security	of Shares		($)

Other Investment Companies 98.7% of net assets

Equity Funds 39.6%


International 9.9%
Schwab International Index Fund (a)		1,099,339		19,634,187


Large-Cap 19.8%
Schwab S&P 500 Index Fund (a)		1,932,382		39,266,001


Small-Cap 9.9%
Schwab Small-Cap Index Fund (a)		901,299		19,729,432

				78,629,620

Fixed-Income Fund 55.4%


Intermediate-Term Bond 55.4%
Schwab Total Bond Market Fund (a)		11,693,168		109,915,779

Money Market Fund 3.7%
Schwab Value Advantage Money Fund, Institutional Prime Shares (a)		7,333,318		7,333,318

Total Other Investment Companies
(Cost $162,053,162)				195,878,717



	Face
Security	Amount		Value
Rate, Maturity Date	($)		($)

Short-Term Investment 0.9% of net assets

Time Deposit 0.9%
Citibank
0.03%, 08/01/11		1,796,950		1,796,950

Total Short-Term Investment
(Cost $1,796,950)				1,796,950



End of Investments.

At 07/31/11 the tax basis cost of the fund’s investments was $172,414,406 and the unrealized appreciation and depreciation were $25,261,261 and ($0), respectively, with a net unrealized appreciation of $25,261,261.


(a)		Issuer is affiliated with the fund’s adviser.


	•	Level 1 — quoted prices in active markets for identical securities — 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. The fund does not adjust the quoted price for such investments, even in situations where the fund holds a large position and a sale could reasonably impact the quoted price. Investments in underlying funds are valued at their NAV daily and are classified as Level 1 prices.

	•	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. As investments whose values are classified as Level 2 prices include positions that are not traded in active markets and/or are subject to transfer restrictions, valuations may be adjusted to reflect illiquidity and/or non-transferability, which are generally based on available market information.

Schwab MarketTrack Conservative Portfolio

Portfolio Holdings (Unaudited) continued


	•	Level 3 — significant unobservable inputs (including the fund’s own 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 available for these securities, the fund uses one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the fund 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 by the fund in the absence of market information. Assumptions used by the fund due to the lack of observable inputs may significantly impact the resulting fair value and therefore the fund’s results of operations.


	Quoted Prices in				Significant
	Active Markets for		Significant Other		Unobservable
	Identical Assets		Observable Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)		Total*

Other Investment Companies(a)		$195,878,717		$—		$—		$195,878,717
Short-Term Investment(a)		—		1,796,950		—		1,796,950

Total		$195,878,717		$1,796,950		$—		$197,675,667


*		The fund had no Other Financial Instruments.
(a)		As categorized in Portfolio Holdings.

REG46834JUL11

TABLE OF CONTENTS


	Item 2. Controls and Procedures
	Item 3. Exhibits
EX-99.CERT


Item 2.		Controls and Procedures.

(a)		Based on their evaluation of Registrant’s disclosure controls and procedures, as of a date within 90 days of the filing date, Registrant’s Chief Executive Officer, Marie Chandoha and Registrant’s Principal Financial Officer, George Pereira, have concluded that Registrant’s disclosure controls and procedures are: (i) reasonably designed to ensure that information required to be disclosed in this report is appropriately communicated to Registrant’s officers to allow timely decisions regarding disclosures required in this report; (ii) reasonably designed to ensure that information required to be disclosed in this report is recorded, processed, summarized and reported in a timely manner; and (iii) are effective in achieving the goals described in (i) and (ii) above.

(b)		During Registrant’s last fiscal quarter, there have been no changes in Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR 270.30a-3(d)) that the above officers believe to have materially affected, or to be reasonably likely to materially affect, Registrant’s internal control over financial reporting.


Item 3.		Exhibits.

Separate certifications for Registrant’s principal executive officer and principal financial officer, as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)), are attached.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant ) Schwab Capital Trust


By:		/s/ Marie Chandoha Marie Chandoha
		Chief Executive Officer

Date:		09/26/2011

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By:		/s/ Marie Chandoha Marie Chandoha
		Chief Executive Officer


Date:		09/26/2011


By:		/s/ George Pereira George Pereira
		Principal Financial Officer

Date:		09/22/2011

CERTIFICATIONS

I, Marie Chandoha, certify that:

I have reviewed this report on Form N-Q of Schwab Capital Trust;

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date: 09/26/2011		/s/ Marie Chandoha Marie Chandoha
		President and Chief Executive Officer

CERTIFICATIONS

I, George Pereira, certify that:

I have reviewed this report on Form N-Q of Schwab Capital Trust;

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date: 09/22/2011		/s/ George Pereira George Pereira
		Treasurer and Principal Financial Officer


Item 1.		Schedule of Investments.