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
|
|
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
|
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
|
|
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
|
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
|
|
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
|