SWCAX
Schwab California Tax-Free Bond Fund
SCHWAB INVESTMENTS

Portfolio concentration

As of February 28, 2026 · N-PORT
Holdings
427
Top-10 weight
10.26%
Effective holdings ?
253
Crowding ?
16.0

Holdings

As of February 28, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 Los Angeles (City of), CA, Series 2025, RN 8,115,000 $8.19M 1.39%
2 TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES 8,000,000 $8.00M 1.36%
3 California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB CCEDEV 6,000,000 $6.39M 1.09%
4 State of California, Series 2024, GO Bonds 5,000,000 $6.03M 1.02%
5 UNIV OF CALIFORNIA CA REVENUES 5,000,000 $5.88M 1.00%
6 San Francisco City & County Airport Comm-San Francisco International Airport, Series C SFOAPT 5,000,000 $5.80M 0.99%
7 UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 5,000,000 $5.60M 0.95%
8 Beverly Hills Unified School District 7,705,000 $5.51M 0.94%
9 California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB CCEDEV 5,000,000 $5.12M 0.87%
10 California Community Choice Financing Authority, Series F CCEDEV 4,465,000 $4.91M 0.83%
11 UNIV OF CALIFORNIA CA REVENUES 4,000,000 $4.77M 0.81%
12 Bay Area Toll Authority, Series 2026A 4,000,000 $4.70M 0.80%
13 California Community Choice Financing Authority, Series 2026 A-1 4,000,000 $4.44M 0.76%
14 CALIFORNIA COMMUNITY VAR CCEDEV 4,000,000 $4.34M 0.74%
15 Los Angeles County Public Works Financing Authority, Series 2024H 3,550,000 $4.33M 0.74%
16 ONTARIO CA PUBLIC FING AUTH LEASE REVENUE 3,630,000 $4.32M 0.73%
17 Riverside County Transportation Commission, Series 2021B-1 RIVTRN 4,000,000 $4.07M 0.69%
18 California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB CCEDEV 3,750,000 $4.03M 0.69%
19 LOS ANGELES DEPT-B LOSUTL 3,500,000 $4.03M 0.68%
20 State of California, Series 2007 3,250,000 $3.79M 0.64%
21 SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT 5.0% 05-01-37 3,500,000 $3.77M 0.64%
22 UNIVERSITY OF SOUTHERN CALIFORNIA 5.0% 10-01-35 CASEDU 3,000,000 $3.77M 0.64%
23 RAVENSWOOD CITY SCHOOL DISTRICT/CA 3,500,000 $3.71M 0.63%
24 P3 IRVINE SL HOLDINGS LLC OBLIGATED GROUP 6.5% 06-01-54 CASMED 3,500,000 $3.42M 0.58%
25 California Community Choice Financing Authority, Series B CCEDEV 3,000,000 $3.34M 0.57%
26 Central Valley Energy Authority, Series 2026 3,000,000 $3.30M 0.56%
27 CA ST PUB WKS BRD-REF 2,865,000 $3.26M 0.55%
28 NRTHRN CA ENRGY NCEPWR 3,000,000 $3.23M 0.55%
29 State of California, Series 2022 3,000,000 $3.21M 0.55%
30 San Bernardino Community College District (Election of 2018), Series 2023 B, GO Bonds 3,125,000 $3.13M 0.53%
31 Los Angeles (City of), CA, Series 2025, RB 2,690,000 $3.13M 0.53%
32 Rib Floater Trust Various States 3,100,000 $3.10M 0.53%
33 LOS ANGELES UNIF SD-A 3,000,000 $3.03M 0.52%
34 California State University 3,000,000 $3.00M 0.51%
35 CALIFORNIA ST-REF 2,500,000 $2.99M 0.51%
36 LOS ANGELES -C-REF 2,500,000 $2.95M 0.50%
37 State of California 2,500,000 $2.92M 0.50%
38 CA STWD CMNTYS DEV-A CASGEN 2,500,000 $2.90M 0.49%
39 HASTINGS CAMPUS HSG FIN AUTH C HCHGEN 07/45 FIXED 5 HCHGEN 2,800,000 $2.78M 0.47%
40 State of California, Series 2025, GO Bonds 2,235,000 $2.66M 0.45%
41 Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Refunding Subordinate Green Series 2025A 2,500,000 $2.65M 0.45%
42 CA STWD CMNTYS DEV-B 2,220,000 $2.65M 0.45%
43 COMMONSPIRIT HEALTH OBLIGATED GROUP 4.0% 04-01-45 2,750,000 $2.65M 0.45%
44 California (State of) Municipal Finance Authority (Aldersly), Series 2023 A, RB 2,500,000 $2.61M 0.44%
45 San Diego County Regional Airport Authority 2,245,000 $2.61M 0.44%
46 Los Alamitos Unified School District 2,605,000 $2.60M 0.44%
47 STHRN CA PUBLIC SER-1 2,500,000 $2.60M 0.44%
48 San Francisco City & County Airport Comm-San Francisco International Airport SFOAPT 2,450,000 $2.58M 0.44%
49 Palmdale Elementary School District 2,500,000 $2.58M 0.44%
50 CALIFORNIA ST HLTH FACS FING AUTH REVENUE CASMED 2,500,000 $2.56M 0.44%
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