SWLVX
Schwab U.S. Large-Cap Value Index Fund
SCHWAB CAPITAL TRUST
Index fund
Expense ratio1
0.03%
Net assets2
$990.75M
Holdings2
857
Category
US Equity
2025 return3
15.88%

Investment objective & strategy

As of Feb. 26, 2026 · prospectus

Objective. The funds goal is to track the performance of a benchmark index that measures the total return of large capitalization U.S. value stocks.

Strategy. To pursue its goal, the fund generally invests in stocks that are included in the Russell 1000 Value Index . The fund attempts to replicate the Russell 1000 Value Index. Index ownership The Russell 1000 Value Index is a registered mark of Frank Russell Company (Russell) and has been licensed for use by the Schwab U.S. Large-Cap Value Index Fund. The Schwab U.S. Large-Cap Value Index Fund is not sponsored, endorsed, sold or promoted by Russell and Russell makes no representation regarding the advisability of investing in the fund. It is the funds policy that under normal circumstances it will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in securities included … To pursue its goal, the fund generally invests in stocks that are included in the Russell 1000 Value Index . The fund attempts to replicate the Russell 1000 Value Index. Index ownership The Russell 1000 Value Index is a registered mark of Frank Russell Company (Russell) and has been licensed for use by the Schwab U.S. Large-Cap Value Index Fund. The Schwab U.S. Large-Cap Value Index Fund is not sponsored, endorsed, sold or promoted by Russell and Russell makes no representation regarding the advisability of investing in the fund. It is the funds policy that under normal circumstances it will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in securities included in the index. The fund will notify its shareholders at least 60 days before changing this policy. The fund generally will seek to replicate the performance of the index by giving the same weight to a given stock as the index does. However, when the investment adviser believes it is appropriate to do so, such as to avoid purchasing odd-lots (i.e., purchasing less than the usual number of shares traded for a security), for tax considerations, or to address liquidity considerations with respect to a stock, the investment adviser may cause the funds weighting of a stock to be more or less than the indexs weighting of the stock. The fund may sell securities that are represented in the index in anticipation of their removal from the index, or buy securities that are not yet represented in the index in anticipation of their addition to the index. Under normal circumstances, the fund may invest up to 10% of its net assets in securities not included in the index. The principal types of these investments include those that the investment adviser believes will help the fund track the index, such as investments in (a) securities that are not represented in the index but the investment adviser anticipates will be added to the index or as necessary to reflect various corporate actions (such as mergers and spin-offs), (b) other investment companies, and (c) derivatives, principally futures contracts. The fund may use futures contracts and other derivatives primarily to seek returns on the funds otherwise uninvested cash assets to help it better track the index. The fund may also invest in cash and cash equivalents, and may lend its securities to minimize the difference in performance that naturally exists between an index fund and its corresponding index. This gap occurs mainly because, unlike the index, the fund incurs expenses and must keep a small portion of its assets in cash for business operations. The investment adviser typically seeks to track the total return of the index by replicating the index. This means that the fund generally expects that it will hold the same securities as those included in the index. However, the investment adviser may use sampling techniques if the investment adviser believes such use will best help the fund to track the index or is otherwise in the best interest of the fund. Sampling techniques involve investing in a limited number of index securities that, when taken together, are expected to perform similarly to the index as a whole. These techniques are based on a variety of factors, including performance attributes, tax considerations, capitalization, dividend yield, price/ earnings ratio, industry factors, risk factors and other characteristics. When the fund uses sampling techniques, the fund generally expects that its portfolio will hold less than the total number of securities in the index, but reserves the right to hold as many securities as it believes necessary to achieve the funds investment objective. The fund generally expects that its industry weightings, dividend yield and price/earnings ratio will be similar to those of the index. The fund will concentrate its investments (i.e., hold more than 25% of its total assets) in a particular industry, group of industries or sector to approximately the same extent that the index is so concentrated.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
BERKSHIRE HATH-B $27.97M 2.82%
JPMORGAN CHASE and CO $26.22M 2.65%
ALPHABET INC CL A $22.01M 2.22%
AMAZON.COM INC $19.91M 2.01%
EXXON MOBIL CORP $18.85M 1.90%
ALPHABET INC CL C $17.95M 1.81%
JOHNSON&JOHNSON $17.26M 1.74%
WALMART INC $14.72M 1.49%
MICRON TECHNOLOGY INC $14.63M 1.48%
PROCTER & GAMBLE $11.25M 1.14%
View all holdings →

Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
8
Exited
10
Increased
503
Decreased
244
Unchanged
105

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

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Advisers

As of October 31, 2025 · N-CEN
FirmRole
Charles Schwab Investment Management, Inc. Adviser

Footnotes

  1. Expense ratio as of February 26, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.

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