0001752724-24-115893.txt : 20240523 0001752724-24-115893.hdr.sgml : 20240523 20240523153743 ACCESSION NUMBER: 0001752724-24-115893 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240523 DATE AS OF CHANGE: 20240523 PERIOD START: 20241231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHWAB CAPITAL TRUST CENTRAL INDEX KEY: 0000904333 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07704 FILM NUMBER: 24977795 BUSINESS ADDRESS: STREET 1: 211 MAIN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 1-415-667-7000 MAIL ADDRESS: STREET 1: 211 MAIN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 0000904333 S000021072 Schwab Monthly Income Fund - Target Payout C000059932 Schwab Monthly Income Fund - Target Payout SWJRX NPORT-P 1 primary_doc.xml NPORT-P false 0000904333 XXXXXXXX S000021072 C000059932 SCHWAB CAPITAL TRUST 811-07704 0000904333 549300PEK1H7N1HLC797 211 MAIN STREET SAN FRANCISCO 94105 800-648-5300 Schwab Monthly Income Fund - Target Payout S000021072 549300NPPHW4OYZS8O80 2024-12-31 2024-03-31 N 34841768.05 159100.54 34682667.51 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N BlackRock High Yield Bond Portfolio M0E4486GHQ4I64CULY35 BlackRock High Yield Bond Portfolio 09260B614 530265.73000000 NS USD 3748978.70000000 10.80937243053 Long EC RF US N 1 N N N Schwab Global Real Estate Fund 54930056NJ1FRH4T9924 Schwab Global Real Estate Fund 808517759 547362.44000000 NS USD 3421015.24000000 9.863760447530 Long EC RF US N 1 N N N Cohen & Steers Preferred Securities and Income Fund Inc 549300K2VDWJX1NSUI44 Cohen & Steers Preferred Securities and Income Fund Inc 19248X307 200253.84000000 NS USD 2419066.40000000 6.974856819483 Long EC RF US N 1 N N N State Street Institutional US Government Money Market Fund 549300BZ5TGIFZUZDZ37 State Street Institutional US Government Money Market Fund 857492706 279815.67000000 NS USD 279815.67000000 0.806788203125 Long STIV RF US N 1 N N N Schwab 5-10 Year Corporate Bond ETF 549300KV6ZY6TYN8HW78 Schwab 5-10 Year Corporate Bond ETF 808524698 23245.00000000 NS USD 1034170.05000000 2.981806545594 Long EC RF US N 1 N N N Schwab International Dividend Equity ETF 5493009QTNWRUFDATU94 Schwab International Dividend Equity ETF 808524672 278245.00000000 NS USD 6750223.70000000 19.46281582307 Long EC RF US N 1 N N N Schwab Long-Term U.S. Treasury ETF 5493006AVMCWPOJLOR38 Schwab Long-Term U.S. Treasury ETF 808524680 71457.00000000 NS USD 2410244.61000000 6.949421088516 Long EC RF US N 1 N N N Schwab U.S. Aggregate Bond Index Fund 549300TE25ZKVNXKCS55 Schwab U.S. Aggregate Bond Index Fund 808517718 661026.22000000 NS USD 5850082.01000000 16.86745117950 Long EC RF US N 1 N N N T Rowe Price Institutional Floating Rate Fund 863VOPTBPYYVTH00FU88 T Rowe Price Institutional Floating Rate Fund 77958B402 109075.04000000 NS USD 1031849.88000000 2.975116835239 Long EC RF US N 1 N N N Schwab US Dividend Equity ETF 549300MUIMRQQDWJ5226 Schwab US Dividend Equity ETF 808524797 90547.00000000 NS USD 7300804.61000000 21.05029726417 Long EC RF US N 1 N N N Schwab Variable Share Price Money Fund 5493007W93Q67BM3O338 Schwab Variable Share Price Money Fund 808515597 482831.10000000 NS USD 482927.67000000 1.392417898250 Long EC RF US N 1 N N N 2024-04-25 SCHWAB CAPITAL TRUST Dana Smith Dana Smith CFO XXXX NPORT-EX 2 NPORT_2MQ4_48776541_0324.htm EDGAR HTML
Schwab Capital Trust
Schwab Monthly Income Fund – Target Payout
Portfolio Holdings as of March 31, 2024 (Unaudited)
 
The following are the portfolio holdings as of the report date, including a summary of the fund’s transactions with its affiliated underlying funds during the period. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.  
SECURITY
VALUE AT
12/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
3/31/24
BALANCE
OF SHARES
HELD AT
3/31/24
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 78.5% OF NET ASSETS
 
U.S. Stocks 20.9%
Large-Cap 20.9%
Schwab U.S. Dividend Equity ETF
$7,262,193
$55,195
($427,813
)
$14,430
$396,799
$7,300,804
90,547
$55,324
 
International Stocks 19.4%
Developed Markets 19.4%
Schwab International Dividend Equity ETF
7,083,420
170,240
(409,806
)
9,546
(103,176
)
6,750,224
278,245
44,464
 
Real Estate 9.9%
Global Real Estate 9.9%
Schwab Global Real Estate Fund
3,625,812
32,349
(124,772
)
(7,226
)
(72,799
)
3,453,364
552,538
32,349
 
Fixed Income 26.9%
Intermediate-Term Bond 20.0%
Schwab 5-10 Year Corporate Bond ETF
1,062,741
40,031
(57,911
)
(2,050
)
(8,641
)
1,034,170
23,245
8,646
Schwab U.S. Aggregate Bond Index Fund
6,095,716
163,324
(219,950
)
(22,483
)
(78,225
)
5,938,382
671,004
53,906
 
 
 
 
 
 
6,972,552
 
 
Long-Term Government Bond 6.9%
Schwab Long-Term U.S. Treasury ETF
2,610,724
45,245
(150,657
)
(12,576
)
(82,491
)
2,410,245
71,457
17,077
 
 
 
 
 
 
9,382,797
 
 
 
Money Market Funds 1.4%
Schwab Variable Share Price Money Fund,
Ultra Shares, 5.31% (b)
477,723
5,349
—
—
(144
)
482,928
482,831
6,542
Total Affiliated Underlying Funds
(Cost $26,796,226)
$28,218,329
$511,733
($1,390,909
)
($20,359
)
$51,323
$27,370,117
 
$218,308
 
UNAFFILIATED UNDERLYING FUNDS 21.9% OF NET ASSETS
 
Fixed Income 21.1%
Floating Rate Loan 3.0%
T Rowe Price Institutional Floating Rate Fund,
Investor Class
 
 
 
 
 
$1,039,479
109,881
 
High-Yield Bond 11.1%
BlackRock High Yield Bond Portfolio, Class K
 
 
 
 
 
3,871,844
547,644
 
  1
Schwab Monthly Income Fund – Target Payout
Portfolio Holdings (Unaudited) continued
SECURITY
VALUE AT
12/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
3/31/24
BALANCE
OF SHARES
HELD AT
3/31/24
DISTRIBUTIONS
RECEIVED (a)
Preferred 7.0%
Cohen & Steers Preferred Securities & Income
Fund, Inc., Class I
 
 
 
 
 
$2,430,381
201,190
 
 
 
 
 
 
 
7,341,704
 
 
 
Money Market Funds 0.8%
State Street Institutional U.S. Government
Money Market Fund, Premier Class,
5.26% (b)
 
 
 
 
 
279,816
279,816
 
Total Unaffiliated Underlying Funds
(Cost $7,488,458)
 
 
 
 
 
$7,621,520
 
 
Total Investments in Securities
(Cost $34,284,684)
 
 
 
 
 
$34,991,637
 
 
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only
presented for affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
At March 31, 2024, all of the fund’s investment securities were classified as Level 1 (see notes to portfolio holdings for additional information).
2  
Schwab Capital Trust
Schwab Monthly Income Fund – Flexible Payout
Portfolio Holdings as of March 31, 2024 (Unaudited)
 
The following are the portfolio holdings as of the report date, including a summary of the fund’s transactions with its affiliated underlying funds during the period. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.  
SECURITY
VALUE AT
12/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
3/31/24
BALANCE
OF SHARES
HELD AT
3/31/24
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 78.6% OF NET ASSETS
 
U.S. Stocks 20.7%
Large-Cap 20.7%
Schwab U.S. Dividend Equity ETF
$13,361,805
$265,729
($1,261,124
)
$38,416
$712,143
$13,116,969
162,681
$100,313
 
International Stocks 19.6%
Developed Markets 19.6%
Schwab International Dividend Equity ETF
12,880,365
189,341
(455,368
)
34,774
(208,729
)
12,440,383
512,794
81,944
 
Real Estate 9.9%
Global Real Estate 9.9%
Schwab Global Real Estate Fund
6,611,133
59,649
(274,157
)
(26,722
)
(122,145
)
6,247,758
999,641
59,649
 
Fixed Income 27.1%
Intermediate-Term Bond 20.1%
Schwab 5-10 Year Corporate Bond ETF
1,924,016
100,143
(61,627
)
(2,040
)
(17,658
)
1,942,834
43,669
15,538
Schwab U.S. Aggregate Bond Index Fund
10,971,113
415,021
(396,729
)
(40,031
)
(143,465
)
10,805,909
1,221,007
98,461
 
 
 
 
 
 
12,748,743
 
 
Long-Term Government Bond 7.0%
Schwab Long-Term U.S. Treasury ETF
4,686,232
139,711
(187,992
)
(21,004
)
(161,113
)
4,455,834
132,103
30,810
 
 
 
 
 
 
17,204,577
 
 
 
Money Market Funds 1.3%
Schwab Variable Share Price Money Fund,
Ultra Shares, 5.31% (b)
841,138
9,417
—
—
(254
)
850,301
850,131
11,518
Total Affiliated Underlying Funds
(Cost $48,558,099)
$51,275,802
$1,179,011
($2,636,997
)
($16,607
)
$58,779
$49,859,988
 
$398,233
 
UNAFFILIATED UNDERLYING FUNDS 21.2% OF NET ASSETS
 
Fixed Income 20.9%
Floating Rate Loan 3.0%
T Rowe Price Institutional Floating Rate Fund,
Investor Class
 
 
 
 
 
$1,876,654
198,378
 
High-Yield Bond 11.0%
BlackRock High Yield Bond Portfolio, Class K
 
 
 
 
 
7,016,663
992,456
 
  3
Schwab Monthly Income Fund – Flexible Payout
Portfolio Holdings (Unaudited) continued
SECURITY
VALUE AT
12/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
3/31/24
BALANCE
OF SHARES
HELD AT
3/31/24
DISTRIBUTIONS
RECEIVED (a)
Preferred 6.9%
Cohen & Steers Preferred Securities & Income
Fund, Inc., Class I
 
 
 
 
 
$4,400,899
364,313
 
 
 
 
 
 
 
13,294,216
 
 
 
Money Market Funds 0.3%
State Street Institutional U.S. Government
Money Market Fund, Premier Class,
5.26% (b)
 
 
 
 
 
200,128
200,128
 
Total Unaffiliated Underlying Funds
(Cost $13,250,236)
 
 
 
 
 
$13,494,344
 
 
Total Investments in Securities
(Cost $61,808,335)
 
 
 
 
 
$63,354,332
 
 
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only
presented for affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
At March 31, 2024, all of the fund’s investment securities were classified as Level 1 (see notes to portfolio holdings for additional information).
4  
Schwab Capital Trust
Schwab Monthly Income Fund – Income Payout
Portfolio Holdings as of March 31, 2024 (Unaudited)
 
The following are the portfolio holdings as of the report date, including a summary of the fund’s transactions with its affiliated underlying funds during the period. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.  
SECURITY
VALUE AT
12/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
3/31/24
BALANCE
OF SHARES
HELD AT
3/31/24
DISTRIBUTIONS
RECEIVED (a)
AFFILIATED UNDERLYING FUNDS 80.4% OF NET ASSETS
 
U.S. Stocks 13.8%
Large-Cap 13.8%
Schwab U.S. Dividend Equity ETF
$8,327,328
$194,398
($379,662
)
$11,477
$477,739
$8,631,280
107,048
$65,863
 
International Stocks 10.7%
Developed Markets 10.7%
Schwab International Dividend Equity ETF
6,665,169
180,200
(60,178
)
5,124
(93,973
)
6,696,342
276,024
44,109
 
Real Estate 5.9%
Global Real Estate 5.9%
Schwab Global Real Estate Fund
3,820,637
97,751
(127,376
)
(11,603
)
(70,838
)
3,708,571
593,371
35,349
 
Fixed Income 48.6%
Intermediate-Term Bond 34.8%
Schwab 5-10 Year Corporate Bond ETF
5,674,753
150,447
(152,939
)
(4,992
)
(52,453
)
5,614,816
126,204
46,290
Schwab U.S. Aggregate Bond Index Fund
16,406,655
379,176
(296,630
)
(32,629
)
(239,117
)
16,217,455
1,832,481
147,938
 
 
 
 
 
 
21,832,271
 
 
Long-Term Government Bond 5.8%
Schwab Long-Term U.S. Treasury ETF
3,795,761
—
—
—
(146,074
)
3,649,687
108,203
26,044
Short-Term Bond 8.0%
Schwab 1-5 Year Corporate Bond ETF
4,879,994
153,176
—
—
(5,352
)
5,027,818
104,031
31,584
 
 
 
 
 
 
30,509,776
 
 
 
Money Market Funds 1.4%
Schwab Variable Share Price Money Fund,
Ultra Shares, 5.31% (b)
893,993
10,008
—
—
(269
)
903,732
903,551
12,242
Total Affiliated Underlying Funds
(Cost $51,028,383)
$50,464,290
$1,165,156
($1,016,785
)
($32,623
)
($130,337
)
$50,449,701
 
$409,419
 
UNAFFILIATED UNDERLYING FUNDS 19.7% OF NET ASSETS
 
Fixed Income 19.3%
Floating Rate Loan 3.1%
T Rowe Price Institutional Floating Rate Fund,
Investor Class
 
 
 
 
 
$1,934,226
204,464
 
High-Yield Bond 9.1%
BlackRock High Yield Bond Portfolio, Class K
 
 
 
 
 
5,720,904
809,180
 
  5
Schwab Monthly Income Fund – Income Payout
Portfolio Holdings (Unaudited) continued
SECURITY
VALUE AT
12/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
3/31/24
BALANCE
OF SHARES
HELD AT
3/31/24
DISTRIBUTIONS
RECEIVED (a)
Preferred 7.1%
Cohen & Steers Preferred Securities & Income
Fund, Inc., Class I
 
 
 
 
 
$4,456,946
368,952
 
 
 
 
 
 
 
12,112,076
 
 
 
Money Market Funds 0.4%
State Street Institutional U.S. Government
Money Market Fund, Premier Class,
5.26% (b)
 
 
 
 
 
252,317
252,317
 
Total Unaffiliated Underlying Funds
(Cost $12,175,939)
 
 
 
 
 
$12,364,393
 
 
Total Investments in Securities
(Cost $63,204,322)
 
 
 
 
 
$62,814,094
 
 
 
(a)
Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds. Amounts shown are only
presented for affiliated underlying funds.
(b)
The rate shown is the annualized 7-day yield.
 
ETF —
Exchange-Traded Fund
At March 31, 2024, all of the fund’s investment securities were classified as Level 1 (see notes to portfolio holdings for additional information).
6  
Schwab Monthly Income Funds
Notes to Portfolio Holdings (Unaudited)
Pursuant to Rule 2a-5 under the the Investment Company Act of 1940, as amended (the 1940 Act), the Board of Trustees (the Board) has designated authority to a Valuation Designee, the funds’ investment adviser, to make fair valuation determinations under adopted procedures, subject to Board oversight. The investment adviser has formed a Pricing Committee to administer the pricing and valuation of portfolio securities and other assets and liabilities as well as to ensure that prices used for internal purposes or provided by third parties reasonably reflect fair value. The Valuation Designee may utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.
Securities held in the funds’ portfolio are valued every business day. The following valuation policies and procedures are used by the Valuation Designee to value various types of securities:
● Securities traded on an exchange or over-the-counter: Traded securities are valued at the closing value for the day, or, on days when no closing value has been reported, at the mean of the most recent bid and ask quotes.
● Mutual funds: Mutual funds are valued at their respective net asset values (NAVs).
● Securities for which no quoted value is available: The Valuation Designee has adopted procedures to fair value a fund’s securities when market prices are not “readily available” or are unreliable. For example, a security may be fair valued when it’s de-listed or its trading is halted or suspended; when a security’s primary pricing source is unable or unwilling to provide a price; or when a security’s primary trading market is closed during regular market hours. Fair value determinations are made in good faith in accordance with adopted valuation procedures. The Valuation Designee considers a number of factors, including unobservable market inputs, when arriving at fair value. The Valuation Designee may employ methods such as the review of related or comparable assets or liabilities, related market activities, recent transactions, market multiples, book values, transactional back-testing, disposition analysis and other relevant information. Due to the subjective and variable nature of fair value pricing, there can be no assurance that a fund could obtain the fair value assigned to the security upon the sale of such security.
In accordance with the authoritative guidance on fair value measurements and disclosures under generally accepted accounting principles in the United States of America (GAAP), the funds disclose the fair value of their investments in a hierarchy that prioritizes the significant inputs to valuation methods used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurements). If inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the valuation. If it is determined that either the volume and/or level of activity for an asset or liability has significantly decreased (from normal conditions for that asset or liability) or price quotations or observable inputs are not associated with orderly transactions, increased analysis and the Valuation Designee’s judgment will be required to estimate fair value.
The three levels of the fair value hierarchy are as follows:
● Level 1 — quoted prices in active markets for identical investments — Investments whose values are based on quoted market prices in active markets. These generally include active listed equities, mutual funds, exchange-traded funds (ETFs) and futures contracts. Mutual funds and ETFs are classified as Level 1 prices, without consideration to the classification level of the underlying securities held which could be Level 1, Level 2 or Level 3 in the fair value hierarchy.
● 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, state, municipal and provincial obligations and forward foreign currency exchange contracts.
● Level 3 — significant unobservable inputs (including the Valuation Designee’s assumptions in determining the fair value of investments) — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not readily available for these securities, one or more valuation methods are used for which sufficient and reliable data is available. The inputs used in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated in the absence of market information. Assumptions used due to the lack of observable inputs may significantly impact the resulting fair value and therefore a fund’s results of operations.
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The levels associated with valuing the funds’ investments as of March 31, 2024, are disclosed in each fund’s Portfolio Holdings.
REG88343MAR24
  7