Form NPORT-P SCHWAB ANNUITY PORTFOLIO For: Mar 31

May 24, 2022 1:56 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

  
    NPORT-P
    false
    
      
      
        
          0000918266
          XXXXXXXX
        
      
      
      
      
        S000036328
        C000111127
      
      
      
    
  
  
    
      SCHWAB ANNUITY PORTFOLIOS
      811-08314
      0000918266
      549300C4LESHT5MKCS58
      211 MAIN STREET
      SAN FRANCISCO
      
      94105
      800-648-5300
      Schwab VIT Growth Portfolio
      S000036328
      549300NWUKF2IXSLYU54
      2022-12-31
      2022-03-31
      N
    
    
      176860919.69
      91617.06
      176769302.63
      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
      
        
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        Schwab Emerging Markets Equity ETF
        549300BX5O2DW26SGM55
        Schwab Emerging Markets Equity ETF
        808524706
        
          
        
        487372.00000000
        NS
        USD
        13534320.44000000
        7.656487997991
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Schwab U.S. Aggregate Bond ETF
        549300EMR2FMUC3JFN76
        Schwab U.S. Aggregate Bond ETF
        808524839
        
          
        
        470230.00000000
        NS
        USD
        23779531.10000000
        13.45229672019
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BBH Cash Management Sweep Vehicle
        N/A
        TIME DEPOSITS
        000000000
        
          
        
        2515233.70000000
        NS
        USD
        2515233.70000000
        1.422890548629
        Long
        STIV
        
        US
        N
        
        2
        
          N
          N
          N
        
      
      
        Schwab U.S. REIT ETF
        549300OLDKO120DR6467
        Schwab U.S. REIT ETF
        808524847
        
          
        
        449000.00000000
        NS
        USD
        11175610.00000000
        6.322144079162
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Schwab U.S. Small-Cap ETF
        5493003UKSEZNILT8D61
        Schwab U.S. Small-Cap ETF
        808524607
        
          
        
        259984.00000000
        NS
        USD
        12312842.24000000
        6.965486686210
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Schwab International Equity ETF
        5493003PP4X6ZGIBL520
        Schwab International Equity ETF
        808524805
        
          
        
        1004012.00000000
        NS
        USD
        36867320.64000000
        20.85617813244
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Schwab U.S. Large-Cap ETF
        549300D3593FFQX1M411
        Schwab U.S. Large-Cap ETF
        808524201
        
          
        
        1174096.00000000
        NS
        USD
        63225069.60000000
        35.76699611263
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Schwab International Small-Cap Equity ETF
        549300WKPJ36EQS9LQ80
        Schwab International Small-Cap Equity ETF
        808524888
        
          
        
        232188.00000000
        NS
        USD
        8816178.36000000
        4.987392170943
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Schwab Variable Share Price Money Fund
        5493007W93Q67BM3O338
        Schwab Variable Share Price Money Fund
        808515597
        
          
        
        4634263.96100000
        NS
        USD
        4634263.96000000
        2.621645212743
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-04-29
      SCHWAB ANNUITY PORTFOLIOS
      Mark Fischer
      Mark Fischer
      CFO
    
  
  XXXX



Schwab Annuity Portfolios
Schwab VIT Growth Portfolio

Portfolio Holdings as of March 31, 2022 (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.    
 
SECURITY NUMBER
OF SHARES
VALUE ($)
AFFILIATED UNDERLYING FUNDS 98.7% OF NET ASSETS
 
U.S. Stocks 42.1%
Large-Cap 35.1%
Schwab U.S. Large-Cap ETF 1,153,882 62,136,546
Small-Cap 7.0%
Schwab U.S. Small-Cap ETF 259,984 12,312,842
    74,449,388
 
International Stocks 33.9%
Developed Markets 26.0%
Schwab International Equity ETF 1,009,905 37,083,712
Schwab International Small-Cap Equity ETF 232,188 8,816,178
    45,899,890
Emerging Markets 7.9%
Schwab Emerging Markets Equity ETF 503,646 13,986,249
    59,886,139
 
Real Estate 6.1%
U.S. REITs 6.1%
Schwab U.S. REIT ETF 431,009 10,727,814
 
Fixed Income 14.0%
Intermediate-Term Bond 14.0%
Schwab U.S. Aggregate Bond ETF 487,603 24,658,084
 
SECURITY NUMBER
OF SHARES
VALUE ($)
Money Market Funds 2.6%
Schwab Variable Share Price Money Fund, Ultra Shares 0.20% (a) 4,634,264 4,634,264
Total Affiliated Underlying Funds
(Cost $117,916,952)
174,355,689
    
ISSUER FACE
AMOUNT ($)
VALUE ($)
SHORT-TERM INVESTMENTS 1.4% OF NET ASSETS
 
Time Deposits 1.4%
Barclays Capital, Inc.
0.15%, 04/01/22 (b) 725,221 725,221
Sumitomo Mitsui Banking Corp.
0.15%, 04/01/22 (b) 1,790,027 1,790,027
Total Short-Term Investments
(Cost $2,515,248)
2,515,248
Total Investments in Securities
(Cost $120,432,200)
176,870,937
    
(a) The rate shown is the 7-day yield.
(b) The rate shown is the current daily overnight rate.
    
ETF — Exchange traded fund
REIT — Real Estate Investment Trust
 
1

 

Schwab VIT Growth Portfolio
Portfolio Holdings (Unaudited) continued

Below is a summary of the fund’s transactions with its affiliated underlying funds during the period ended March 31, 2022:
  VALUE AT
12/31/21
PURCHASES SALES REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
3/31/22
BALANCE
OF SHARES
HELD AT
3/31/22
DISTRIBUTIONS
RECEIVED*
AFFILIATED UNDERLYING FUNDS 98.7% OF NET ASSETS
 
 
U.S. Stocks 42.1%
Large-Cap 35.1%
Schwab U.S. Large-Cap ETF $65,622,693 $2,673,536 ($2,646,551) $233,324 ($3,746,456) $62,136,546 1,153,882 $177,406
Small-Cap 7.0%
Schwab U.S. Small-Cap ETF 13,081,088 883,578 (667,844) (63,244) (920,736) 12,312,842 259,984 17,575
            74,449,388    
 
 
International Stocks 33.9%
Developed Markets 26.0%
Schwab International Equity ETF 39,478,393 801,909 (1,043,792) (45,604) (2,107,194) 37,083,712 1,009,905
Schwab International Small-Cap Equity ETF 9,337,320 152,486 (673,628) 8,816,178 232,188
            45,899,890    
Emerging Markets 7.9%
Schwab Emerging Markets Equity ETF 14,764,415 987,910 (885,952) (64,819) (815,305) 13,986,249 503,646
            59,886,139    
 
 
Real Estate 6.1%
U.S. REITs 6.1%
Schwab U.S. REIT ETF 11,638,115 650,362 (943,971) 137,331 (754,023) 10,727,814 431,009 15,446
 
 
Fixed Income 14.0%
Intermediate-Term Bond 14.0%
Schwab U.S. Aggregate Bond ETF 25,639,152 1,664,829 (1,063,254) (47,141) (1,535,502) 24,658,084 487,603 90,890
 
 
Money Market Funds 2.6%
Schwab Variable Share Price Money Fund, Ultra Shares 4,635,380 274 (1,390) 4,634,264 4,634,264 602
Total Affiliated Underlying Funds $184,196,556 $7,814,884 ($7,251,364) $149,847 ($10,554,234) $174,355,689   $301,919
    
* Distributions received include distributions from net investment income and capital gains, if any, from the underlying funds.
2

 

Schwab VIT Growth Portfolio
Portfolio Holdings (Unaudited) continued

The following is a summary of the inputs used to value the fund’s investments as of March 31, 2022:
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Affiliated Underlying Funds1 $174,355,689 $— $— $174,355,689
Short-Term Investments1 2,515,248 2,515,248
Total $174,355,689 $2,515,248 $— $176,870,937
    
1 As categorized in the Portfolio Holdings.
Fund investments in mutual funds and ETFs are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds and ETFs, which could be Level 1, Level 2 or Level 3.
3

 

Schwab VIT Growth Portfolio
Notes to Portfolio Holdings (Unaudited)

Under procedures approved by the Board, the investment adviser has formed a Pricing Committee to administer the pricing and valuation of portfolio securities and other assets and to ensure that prices used for internal purposes or provided by third parties reasonably reflect fair value. Among other things, these procedures allow the fund to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.
The fund values the securities in its portfolio every business day. The fund uses the following policies 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).
•  Cash management sweep time deposits: Balances held in cash management sweep time deposits are accounted for on a cost basis, which approximates fair value.
•  Securities for which no quoted value is available: The Board has adopted procedures to fair value the fund’s securities when market prices are not “readily available” or are unreliable. For example, the fund may fair value a security when it is 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. The fund makes fair value determinations in good faith in accordance with the fund’s valuation procedures. The Pricing Committee considers a number of factors, including unobservable market inputs, when arriving at fair value. The Pricing Committee may employ techniques 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. The Pricing Committee regularly reviews these inputs and assumptions to calibrate the valuations. Due to the subjective and variable nature of fair value pricing, there can be no assurance that the fund could obtain the fair value assigned to the security upon the sale of such security. The Board convenes on a regular basis to review fair value determinations made by the fund pursuant to the valuation procedures.
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 fund discloses the fair value of its investments in a hierarchy that prioritizes the significant inputs to valuation techniques 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 the fund determines 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 management 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 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, mutual funds and ETFs. Investments in mutual funds are valued daily at their NAVs, and investments in ETFs are valued daily at the last reported sale price or the official closing price, which are classified as Level 1 prices, without consideration to the classification level of the underlying securities held by an underlying fund.
•  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.
•  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.
4

 

Schwab VIT Growth Portfolio
Notes to Portfolio Holdings (Unaudited) (continued)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
REG68014MAR22
5


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings