SCHWAB INVESTMENTS
NSAR-A, 1999-04-28
Previous: NOTTINGHAM INVESTMENT TRUST II, N-30D, 1999-04-28
Next: HEALTH RISK MANAGEMENT INC /MN/, DEFA14A, 1999-04-28



<PAGE>      PAGE  1
000 A000000 02/28/99
000 C000000 0000869365
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 SCHWAB INVESTMENTS
001 B000000 811-6200
001 C000000 8002665623
002 A000000 101 MONTGOMERY STREET
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94104
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  7
007 C010100  1
007 C010200  2
007 C020200 SCHWAB SHORT/TERM BOND MARKET INDEX FUND
007 C030200 N
007 C010300  3
007 C020300 SCHWAB CAL LONG-TERM TAX-FREE BOND FUND
007 C030300 N
007 C010400  4
007 C020400 SCHWAB LONG-TERM TAX-FREE BOND FUND
007 C030400 N
007 C010500  5
007 C020500 SCHWAB SHORT/INT TAX-FREE BOND FUND
007 C030500 N
007 C010600  6
007 C020600 SCHWAB CAL SHORT/INT TAX-FREE BOND FUND
007 C030600 N
007 C010700  7
007 C020700 SCHWAB TOTAL BOND MARKET INDEX FUND
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
<PAGE>      PAGE  2
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 CHARLES SCHWAB INVESTMENT MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-35905
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94104
010 A00AA01 CHARLES SCHWAB INVESTMENT MANAGEMENT, INC.
010 B00AA01 801-35905
010 C01AA01 SAN FRANCISCO
010 C02AA01 CA
010 C03AA01 94104
011 A00AA01 CHARLES SCHWAB & CO., INC.
011 B00AA01 8-16514
011 C01AA01 SAN FRANCISCO
011 C02AA01 CA
011 C03AA01 94104
012 A00AA01 CHARLES SCHWAB & CO., INC.
012 B00AA01 84-1256
012 C01AA01 SAN FRANCISCO
012 C02AA01 CA
012 C03AA01 94104
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94105
014 A00AA01 CHARLES SCHWAB & CO., INC.
014 B00AA01 8-16514
014 A00AA02 MAYER & SCHWEITZER, INC.
014 B00AA02 8-13535
014 A00AA03 CHARLES SCHWAB HONG KONG
014 B00AA03 8-00000
014 A00AA04 CHARLES SCHWAB EUROPE
014 B00AA04 8-00000
015 A00AA01 PFPC TRUST CO.
015 B00AA01 C
015 C01AA01 PHILADELPHIA
015 C02AA01 PA
015 C03AA01 19101
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   38
019 C00AA00 SCHWABFUND
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
<PAGE>      PAGE  3
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 MERRILL LYNCH & CO., INC.
022 B000001 13-5674085
022 C000001    179319
022 D000001     55241
022 A000002 GOLDMAN, SACHS GROUP, LP
022 B000002 13-5108880
022 C000002     78964
022 D000002    110265
022 A000003 J.P. MORGAN SECURITIES, INC.
022 B000003 13-3224016
022 C000003     81410
022 D000003     85163
022 A000004 SALOMON SMITH BARNEY, INC.
022 B000004 13-1912900
022 C000004     74206
022 D000004     59365
022 A000005 MORGAN STANLEY DEAN WITTER & CO.
022 B000005 13-2655998
022 C000005     51812
022 D000005     32211
022 A000006 PAINEWEBBER, INC.
022 B000006 13-2638166
022 C000006     43121
022 D000006     28638
022 A000007 BEAR STEARNS & CO., INC.
022 B000007 13-3299429
022 C000007     49627
022 D000007     12699
022 A000008 LEHMAN BROTHERS, INC.
022 B000008 13-2518466
022 C000008     74183
022 D000008     24424
022 A000009 STONE & YOUNGBERG
022 B000009 94-1052545
022 C000009     32054
022 D000009      9608
022 A000010 HSBC SECURITIES, INC.
022 B000010 13-2650272
022 C000010     22207
022 D000010      8400
023 C000000     686903
023 D000000     426014
026 A000000 N
026 B000000 Y
026 C000000 N
<PAGE>      PAGE  4
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
034  00AA00 N
035  00AA00      0
036 B00AA00      0
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 N
057  00AA00 N
077 A000000 N
078  000000 N
080 C00AA00        0
081 B00AA00   0
082 A00AA00 N
<PAGE>      PAGE  5
082 B00AA00        0
083 B00AA00        0
084 B00AA00        0
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
024  000200 Y
025 A000201 LEHMAN BROTHERS, INC.
025 B000201 13-2518466
025 C000201 D
025 D000201    1479
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200      9713
028 A020200       546
028 A030200         0
028 A040200      3170
028 B010200     12285
028 B020200       576
028 B030200         0
028 B040200      7270
028 C010200      7579
028 C020200       554
028 C030200         0
028 C040200      5912
028 D010200      7006
028 D020200         0
028 D030200         0
028 D040200      6927
028 E010200      9491
028 E020200      1111
028 E030200         0
028 E040200      6469
028 F010200     11047
028 F020200       566
028 F030200         0
028 F040200      4751
<PAGE>      PAGE  6
028 G010200     57121
028 G020200      3353
028 G030200         0
028 G040200     34499
028 H000200         0
029  000200 N
030 A000200      0
030 B000200  0.00
030 C000200  0.00
031 A000200      0
031 B000200      0
032  000200      0
033  000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 N
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.410
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200     1000
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
<PAGE>      PAGE  7
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200  72.1
062 N000200   5.5
062 O000200   0.0
062 P000200  21.4
062 Q000200   0.0
062 R000200   0.0
063 A000200   0
063 B000200  2.9
064 A000200 Y
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 Y
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
<PAGE>      PAGE  8
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200    135239
071 B000200    108254
071 C000200    169242
071 D000200   64
072 A000200  6
072 B000200     4663
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200      349
072 G000200        0
072 H000200        0
072 I000200      213
072 J000200       45
072 K000200        0
072 L000200        9
072 M000200        3
072 N000200       21
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200        5
072 S000200        1
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200        4
072 X000200      650
072 Y000200      344
072 Z000200     4357
072AA000200      243
072BB000200        0
072CC010200        0
072CC020200     2213
072DD010200     4332
072DD020200        0
072EE000200        0
073 A010200   0.2500
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
<PAGE>      PAGE  9
074 B000200        0
074 C000200        0
074 D000200   179632
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200       47
074 J000200    39406
074 K000200        0
074 L000200     2830
074 M000200        7
074 N000200   221922
074 O000200    40177
074 P000200       23
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200      271
074 S000200        0
074 T000200   181451
074 U010200    18513
074 U020200        0
074 V010200     9.80
074 V020200     0.00
074 W000200   0.0000
074 X000200    10011
074 Y000200    26488
075 A000200        0
075 B000200   171657
076  000200     0.00
024  000300 N
025 D000301       0
025 D000302       0
025 D000303       0
025 D000304       0
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300      5210
028 A020300       484
028 A030300         0
028 A040300      2328
028 B010300      7668
028 B020300       481
028 B030300         0
028 B040300     11991
028 C010300      6792
028 C020300       460
<PAGE>      PAGE  10
028 C030300         0
028 C040300      5231
028 D010300      9598
028 D020300         0
028 D030300         0
028 D040300      3861
028 E010300     11659
028 E020300      1023
028 E030300         0
028 E040300      4037
028 F010300     10116
028 F020300       535
028 F030300         0
028 F040300      3843
028 G010300     51043
028 G020300      2983
028 G030300         0
028 G040300     31291
028 H000300         0
029  000300 N
030 A000300      0
030 B000300  0.00
030 C000300  0.00
031 A000300      0
031 B000300      0
032  000300      0
033  000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 N
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.410
048 A010300        0
048 A020300 0.000
048 B010300        0
048 B020300 0.000
048 C010300        0
048 C020300 0.000
048 D010300        0
048 D020300 0.000
048 E010300        0
048 E020300 0.000
048 F010300        0
048 F020300 0.000
048 G010300        0
048 G020300 0.000
048 H010300        0
048 H020300 0.000
<PAGE>      PAGE  11
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
058 A000300 N
059  000300 Y
060 A000300 N
060 B000300 N
061  000300     1000
062 A000300 Y
062 B000300   0.0
062 C000300   0.0
062 D000300   0.0
062 E000300   4.6
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   0.0
062 N000300   0.0
062 O000300  99.0
062 P000300   0.0
062 Q000300   0.0
062 R000300   0.1
063 A000300   0
063 B000300 18.1
064 A000300 Y
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
<PAGE>      PAGE  12
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300     45984
071 B000300     10747
071 C000300    192160
071 D000300    6
072 A000300  6
072 B000300     4971
072 C000300        0
072 D000300        0
072 E000300        0
072 F000300      403
072 G000300        0
072 H000300        0
072 I000300      246
072 J000300       48
072 K000300        0
072 L000300       18
072 M000300        5
072 N000300        5
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        5
072 S000300        1
072 T000300        0
072 U000300        0
072 V000300        0
072 W000300       10
072 X000300      741
<PAGE>      PAGE  13
072 Y000300      260
072 Z000300     4490
072AA000300      227
072BB000300        0
072CC010300      413
072CC020300        0
072DD010300     4468
072DD020300        0
072EE000300        0
073 A010300   0.2600
073 A020300   0.0000
073 B000300   0.0000
073 C000300   0.0000
074 A000300        0
074 B000300        0
074 C000300     9900
074 D000300   211468
074 E000300        0
074 F000300        0
074 G000300        0
074 H000300        0
074 I000300       60
074 J000300     1401
074 K000300        0
074 L000300     3212
074 M000300        5
074 N000300   226046
074 O000300    12135
074 P000300       51
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      266
074 S000300        0
074 T000300   213594
074 U010300    18465
074 U020300        0
074 V010300    11.57
074 V020300     0.00
074 W000300   0.0000
074 X000300     4679
074 Y000300    19605
075 A000300        0
075 B000300   198286
076  000300     0.00
024  000400 N
025 D000401       0
025 D000402       0
025 D000403       0
025 D000404       0
<PAGE>      PAGE  14
025 D000405       0
025 D000406       0
025 D000407       0
025 D000408       0
028 A010400      4006
028 A020400       199
028 A030400         0
028 A040400       974
028 B010400      3528
028 B020400       214
028 B030400         0
028 B040400      2910
028 C010400      9530
028 C020400       207
028 C030400         0
028 C040400      1392
028 D010400      5461
028 D020400       290
028 D030400         0
028 D040400      2641
028 E010400     11334
028 E020400       467
028 E030400         0
028 E040400      2414
028 F010400      5207
028 F020400       255
028 F030400         0
028 F040400      3070
028 G010400     39066
028 G020400      1632
028 G030400         0
028 G040400     13401
028 H000400         0
029  000400 N
030 A000400      0
030 B000400  0.00
030 C000400  0.00
031 A000400      0
031 B000400      0
032  000400      0
033  000400      0
037  000400 N
038  000400      0
039  000400 N
040  000400 N
045  000400 Y
046  000400 N
047  000400 Y
048  000400  0.410
048 A010400        0
048 A020400 0.000
<PAGE>      PAGE  15
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
058 A000400 N
059  000400 Y
060 A000400 N
060 B000400 N
061  000400     1000
062 A000400 Y
062 B000400   0.0
062 C000400   0.0
062 D000400   0.0
062 E000400   5.2
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400   0.0
062 M000400   0.0
062 N000400   0.0
062 O000400 101.7
062 P000400   0.0
062 Q000400   0.0
062 R000400   0.1
063 A000400   0
063 B000400 19.4
064 A000400 Y
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
<PAGE>      PAGE  16
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400     40836
071 B000400      2940
071 C000400     75402
071 D000400    4
072 A000400  6
072 B000400     2003
072 C000400        0
072 D000400        0
072 E000400        0
072 F000400      167
072 G000400        0
072 H000400        0
072 I000400      102
072 J000400       28
<PAGE>      PAGE  17
072 K000400        0
072 L000400       14
072 M000400        3
072 N000400       20
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400        6
072 S000400        0
072 T000400        0
072 U000400        0
072 V000400        0
072 W000400       10
072 X000400      350
072 Y000400      151
072 Z000400     1804
072AA000400       63
072BB000400        0
072CC010400        0
072CC020400      311
072DD010400     1825
072DD020400        0
072EE000400      395
073 A010400   0.2500
073 A020400   0.0000
073 B000400   0.0500
073 C000400   0.0000
074 A000400        0
074 B000400        0
074 C000400     5050
074 D000400    98237
074 E000400        0
074 F000400        0
074 G000400        0
074 H000400        0
074 I000400       54
074 J000400        0
074 K000400        0
074 L000400     1846
074 M000400       64
074 N000400   105251
074 O000400     8421
074 P000400       14
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400      258
074 S000400        0
074 T000400    96558
074 U010400     8835
<PAGE>      PAGE  18
074 U020400        0
074 V010400    10.93
074 V020400     0.00
074 W000400   0.0000
074 X000400     3374
074 Y000400    16123
075 A000400        0
075 B000400    82047
076  000400     0.00
024  000500 N
025 D000501       0
025 D000502       0
025 D000503       0
025 D000504       0
025 D000505       0
025 D000506       0
025 D000507       0
025 D000508       0
028 A010500      2566
028 A020500       172
028 A030500         0
028 A040500      2865
028 B010500      3027
028 B020500       179
028 B030500         0
028 B040500      2182
028 C010500      3568
028 C020500       169
028 C030500         0
028 C040500      1603
028 D010500      4923
028 D020500         0
028 D030500         0
028 D040500      1940
028 E010500      9779
028 E020500       369
028 E030500         0
028 E040500      3221
028 F010500      3281
028 F020500       197
028 F030500         0
028 F040500      2702
028 G010500     27144
028 G020500      1086
028 G030500         0
028 G040500     14513
028 H000500         0
029  000500 N
030 A000500      0
030 B000500  0.00
030 C000500  0.00
<PAGE>      PAGE  19
031 A000500      0
031 B000500      0
032  000500      0
033  000500      0
037  000500 N
038  000500      0
039  000500 N
040  000500 N
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.410
048 A010500        0
048 A020500 0.000
048 B010500        0
048 B020500 0.000
048 C010500        0
048 C020500 0.000
048 D010500        0
048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500        0
048 K020500 0.000
058 A000500 N
059  000500 Y
060 A000500 N
060 B000500 N
061  000500     1000
062 A000500 Y
062 B000500   0.0
062 C000500   0.0
062 D000500   0.0
062 E000500   8.3
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
<PAGE>      PAGE  20
062 M000500   0.0
062 N000500   0.0
062 O000500  90.5
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.1
063 A000500   0
063 B000500  4.2
064 A000500 Y
064 B000500 N
066 A000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 Y
070 P020500 Y
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
<PAGE>      PAGE  21
071 A000500     17474
071 B000500      5324
071 C000500     69589
071 D000500    8
072 A000500  6
072 B000500     1575
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500      149
072 G000500        0
072 H000500        0
072 I000500       91
072 J000500       25
072 K000500        0
072 L000500       13
072 M000500        4
072 N000500       15
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500        8
072 S000500        0
072 T000500        0
072 U000500        0
072 V000500        0
072 W000500        9
072 X000500      314
072 Y000500      136
072 Z000500     1397
072AA000500       82
072BB000500        0
072CC010500      241
072CC020500        0
072DD010500     1416
072DD020500        0
072EE000500        0
073 A010500   0.2000
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500        0
074 C000500     6800
074 D000500    74488
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500      114
074 J000500        0
<PAGE>      PAGE  22
074 K000500        0
074 L000500     1490
074 M000500        7
074 N000500    82899
074 O000500        0
074 P000500       14
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500      583
074 S000500        0
074 T000500    82302
074 U010500     7983
074 U020500        0
074 V010500    10.31
074 V020500     0.00
074 W000500   0.0000
074 X000500     2734
074 Y000500    12164
075 A000500        0
075 B000500    73430
076  000500     0.00
024  000600 N
025 D000601       0
025 D000602       0
025 D000603       0
025 D000604       0
025 D000605       0
025 D000606       0
025 D000607       0
025 D000608       0
028 A010600      5964
028 A020600       246
028 A030600         0
028 A040600      3100
028 B010600      7694
028 B020600       261
028 B030600         0
028 B040600      4731
028 C010600      5425
028 C020600       252
028 C030600         0
028 C040600      3339
028 D010600      6998
028 D020600         0
028 D030600         0
028 D040600      4752
028 E010600     10851
028 E020600       538
028 E030600         0
<PAGE>      PAGE  23
028 E040600      5980
028 F010600      7081
028 F020600       278
028 F030600         0
028 F040600      4992
028 G010600     44013
028 G020600      1575
028 G030600         0
028 G040600     26894
028 H000600         0
029  000600 N
030 A000600      0
030 B000600  0.00
030 C000600  0.00
031 A000600      0
031 B000600      0
032  000600      0
033  000600      0
037  000600 N
038  000600      0
039  000600 N
040  000600 N
045  000600 Y
046  000600 N
047  000600 Y
048  000600  0.410
048 A010600        0
048 A020600 0.000
048 B010600        0
048 B020600 0.000
048 C010600        0
048 C020600 0.000
048 D010600        0
048 D020600 0.000
048 E010600        0
048 E020600 0.000
048 F010600        0
048 F020600 0.000
048 G010600        0
048 G020600 0.000
048 H010600        0
048 H020600 0.000
048 I010600        0
048 I020600 0.000
048 J010600        0
048 J020600 0.000
048 K010600        0
048 K020600 0.000
058 A000600 N
059  000600 Y
060 A000600 N
<PAGE>      PAGE  24
060 B000600 N
061  000600     1000
062 A000600 Y
062 B000600   0.0
062 C000600   0.0
062 D000600   0.0
062 E000600   6.5
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   0.0
062 M000600   0.0
062 N000600   0.0
062 O000600  93.4
062 P000600   0.0
062 Q000600   0.0
062 R000600   0.0
063 A000600   0
063 B000600  4.2
064 A000600 Y
064 B000600 N
066 A000600 N
067  000600 N
068 A000600 N
068 B000600 N
069  000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 Y
<PAGE>      PAGE  25
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 N
070 O020600 N
070 P010600 Y
070 P020600 Y
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600     22813
071 B000600      3799
071 C000600    100661
071 D000600    4
072 A000600  6
072 B000600     2260
072 C000600        0
072 D000600        0
072 E000600        0
072 F000600      215
072 G000600        0
072 H000600        0
072 I000600      131
072 J000600       35
072 K000600        0
072 L000600       13
072 M000600        3
072 N000600        4
072 O000600        0
072 P000600        0
072 Q000600        0
072 R000600        6
072 S000600        0
072 T000600        0
072 U000600        0
072 V000600        0
072 W000600       11
072 X000600      418
072 Y000600      161
072 Z000600     2003
072AA000600       14
072BB000600        0
072CC010600      376
072CC020600        0
072DD010600     1994
072DD020600        0
072EE000600        0
<PAGE>      PAGE  26
073 A010600   0.1900
073 A020600   0.0000
073 B000600   0.0000
073 C000600   0.0000
074 A000600        0
074 B000600        0
074 C000600     7490
074 D000600   107368
074 E000600        0
074 F000600        0
074 G000600        0
074 H000600        0
074 I000600       58
074 J000600        0
074 K000600        0
074 L000600     1698
074 M000600        1
074 N000600   116615
074 O000600     1403
074 P000600       31
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600      194
074 S000600        0
074 T000600   114987
074 U010600    11157
074 U020600        0
074 V010600    10.31
074 V020600     0.00
074 W000600   0.0000
074 X000600     2685
074 Y000600    11622
075 A000600        0
075 B000600   105744
076  000600     0.00
024  000700 Y
025 A000701 MERRILL LYNCH & CO., INC.
025 B000701 13-5674085
025 C000701 D
025 D000701    9838
025 A000702 LEHMAN BROTHERS, INC.
025 B000702 13-2518466
025 C000702 D
025 D000702    1479
025 D000703       0
025 D000704       0
025 D000705       0
025 D000706       0
025 D000707       0
<PAGE>      PAGE  27
025 D000708       0
028 A010700     15496
028 A020700      1310
028 A030700         0
028 A040700     18177
028 B010700     24478
028 B020700      1337
028 B030700         0
028 B040700     17440
028 C010700     27685
028 C020700      1306
028 C030700         0
028 C040700      5057
028 D010700     19382
028 D020700      2074
028 D030700         0
028 D040700      4943
028 E010700     28756
028 E020700      2950
028 E030700         0
028 E040700      6459
028 F010700     29335
028 F020700      1547
028 F030700         0
028 F040700      7922
028 G010700    145132
028 G020700     10524
028 G030700         0
028 G040700     59998
028 H000700         0
029  000700 N
030 A000700      0
030 B000700  0.00
030 C000700  0.00
031 A000700      0
031 B000700      0
032  000700      0
033  000700      0
037  000700 N
038  000700      0
039  000700 N
040  000700 N
045  000700 Y
046  000700 N
047  000700 Y
048  000700  0.410
048 A010700        0
048 A020700 0.000
048 B010700        0
048 B020700 0.000
048 C010700        0
<PAGE>      PAGE  28
048 C020700 0.000
048 D010700        0
048 D020700 0.000
048 E010700        0
048 E020700 0.000
048 F010700        0
048 F020700 0.000
048 G010700        0
048 G020700 0.000
048 H010700        0
048 H020700 0.000
048 I010700        0
048 I020700 0.000
048 J010700        0
048 J020700 0.000
048 K010700        0
048 K020700 0.000
058 A000700 N
059  000700 Y
060 A000700 Y
060 B000700 Y
061  000700     1000
062 A000700 Y
062 B000700   0.0
062 C000700   0.0
062 D000700   0.0
062 E000700   0.0
062 F000700   0.0
062 G000700   0.0
062 H000700   0.0
062 I000700   0.0
062 J000700   0.0
062 K000700   0.0
062 L000700  16.3
062 M000700  49.9
062 N000700  26.7
062 O000700   0.0
062 P000700  23.2
062 Q000700   0.0
062 R000700   0.4
063 A000700   0
063 B000700  8.6
064 A000700 Y
064 B000700 N
066 A000700 N
067  000700 N
068 A000700 N
068 B000700 N
069  000700 Y
070 A010700 Y
070 A020700 N
<PAGE>      PAGE  29
070 B010700 N
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 N
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700    403020
071 B000700    240615
071 C000700    336981
071 D000700   71
072 A000700  6
072 B000700     9671
072 C000700        0
072 D000700        0
072 E000700        0
072 F000700      666
072 G000700        0
072 H000700        0
072 I000700      406
072 J000700       68
072 K000700        0
072 L000700       11
072 M000700        4
<PAGE>      PAGE  30
072 N000700       35
072 O000700        0
072 P000700        0
072 Q000700        0
072 R000700        6
072 S000700        1
072 T000700        0
072 U000700        0
072 V000700        0
072 W000700        6
072 X000700     1203
072 Y000700      659
072 Z000700     9127
072AA000700      712
072BB000700        0
072CC010700        0
072CC020700     6415
072DD010700     9091
072DD020700        0
072EE000700     2225
073 A010700   0.2800
073 A020700   0.0000
073 B000700   0.0700
073 C000700   0.0000
074 A000700        0
074 B000700        0
074 C000700    97074
074 D000700   346260
074 E000700        0
074 F000700        0
074 G000700        0
074 H000700        0
074 I000700     1453
074 J000700    64213
074 K000700        0
074 L000700     5152
074 M000700       21
074 N000700   514173
074 O000700   131179
074 P000700       17
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700     1191
074 S000700        0
074 T000700   381786
074 U010700    38308
074 U020700        0
074 V010700     9.97
074 V020700     0.00
<PAGE>      PAGE  31
074 W000700   0.0000
074 X000700     9008
074 Y000700   135908
075 A000700        0
075 B000700   327519
076  000700     0.00
SIGNATURE   MARY JANE MALONEY                            
TITLE       MANAGER             
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869365
<NAME> SCHWAB INVESTMENTS
<SERIES>
   <NUMBER> 02
   <NAME> SCHWAB SHORT-TERM BOND MARKET INDEX FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               FEB-28-1999
<INVESTMENTS-AT-COST>                           179906
<INVESTMENTS-AT-VALUE>                          179679
<RECEIVABLES>                                    42236
<ASSETS-OTHER>                                       7
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  221922
<PAYABLE-FOR-SECURITIES>                         40177
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          294
<TOTAL-LIABILITIES>                              40471
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        191150
<SHARES-COMMON-STOCK>                            18513
<SHARES-COMMON-PRIOR>                            15899
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            (42)
<ACCUMULATED-NET-GAINS>                         (9430)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (227)
<NET-ASSETS>                                    181451
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 4663
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (306)
<NET-INVESTMENT-INCOME>                           4357
<REALIZED-GAINS-CURRENT>                           243
<APPREC-INCREASE-CURRENT>                       (2213)
<NET-CHANGE-FROM-OPS>                             2387
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (4332)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           5742
<NUMBER-OF-SHARES-REDEEMED>                       3466
<SHARES-REINVESTED>                                338
<NET-CHANGE-IN-ASSETS>                           24030
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (9673)
<OVERDISTRIB-NII-PRIOR>                           (67)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              349
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    650
<AVERAGE-NET-ASSETS>                            171657
<PER-SHARE-NAV-BEGIN>                             9.90
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                          (.10)
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.80
<EXPENSE-RATIO>                                    .36
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869365
<NAME> SCHWAB INVESTMENTS
<SERIES>
   <NUMBER> 03
   <NAME> SCHWAB CALIFORNIA LONG TERM TAX-FREE BOND FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               FEB-28-1999
<INVESTMENTS-AT-COST>                           210582
<INVESTMENTS-AT-VALUE>                          221428
<RECEIVABLES>                                     4613
<ASSETS-OTHER>                                       5
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  226046
<PAYABLE-FOR-SECURITIES>                         12135
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          317
<TOTAL-LIABILITIES>                              12452
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        203114
<SHARES-COMMON-STOCK>                            18465
<SHARES-COMMON-PRIOR>                            16510
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            (39)
<ACCUMULATED-NET-GAINS>                          (327)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         10846
<NET-ASSETS>                                    213594
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 4971
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (481)
<NET-INVESTMENT-INCOME>                           4490
<REALIZED-GAINS-CURRENT>                           227
<APPREC-INCREASE-CURRENT>                          413
<NET-CHANGE-FROM-OPS>                             5130
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (4468)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           4397
<NUMBER-OF-SHARES-REDEEMED>                     (2699)
<SHARES-REINVESTED>                                257
<NET-CHANGE-IN-ASSETS>                           23397
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        (554)
<OVERDISTRIB-NII-PRIOR>                           (61)
<OVERDIST-NET-GAINS-PRIOR>                         (0)
<GROSS-ADVISORY-FEES>                              403
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    741
<AVERAGE-NET-ASSETS>                            198286
<PER-SHARE-NAV-BEGIN>                            11.52
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                            .05
<PER-SHARE-DIVIDEND>                             (.26)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.57
<EXPENSE-RATIO>                                    .49
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869365
<NAME> SCHWAB INVESTMENTS
<SERIES>
   <NUMBER> 04
   <NAME> SCHWAB LONG TERM TAX-FREE BOND FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               FEB-28-1999
<INVESTMENTS-AT-COST>                           100007
<INVESTMENTS-AT-VALUE>                          103341
<RECEIVABLES>                                     1846
<ASSETS-OTHER>                                      64
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  105251
<PAYABLE-FOR-SECURITIES>                          8421
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          272
<TOTAL-LIABILITIES>                               8693
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         93138
<SHARES-COMMON-STOCK>                             8835
<SHARES-COMMON-PRIOR>                             6352
<ACCUMULATED-NII-CURRENT>                           21
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             65
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          3334
<NET-ASSETS>                                     96558
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2003
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (199)
<NET-INVESTMENT-INCOME>                           1804
<REALIZED-GAINS-CURRENT>                            63
<APPREC-INCREASE-CURRENT>                        (311)
<NET-CHANGE-FROM-OPS>                             1556
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1825)
<DISTRIBUTIONS-OF-GAINS>                         (395)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           3551
<NUMBER-OF-SHARES-REDEEMED>                     (1217)
<SHARES-REINVESTED>                                149
<NET-CHANGE-IN-ASSETS>                           26633
<ACCUMULATED-NII-PRIOR>                             42
<ACCUMULATED-GAINS-PRIOR>                          397
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              167
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    350
<AVERAGE-NET-ASSETS>                             82047
<PER-SHARE-NAV-BEGIN>                            11.01
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                          (.03)
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                        (.05)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.93
<EXPENSE-RATIO>                                    .49
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869365
<NAME> SCHWAB INVESTMENTS
<SERIES>
   <NUMBER> 05
   <NAME> SCHWAB SHORT/INTERMEDIATE TAX FREE BOND FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               FEB-28-1999
<INVESTMENTS-AT-COST>                            80007
<INVESTMENTS-AT-VALUE>                           81402
<RECEIVABLES>                                     1490
<ASSETS-OTHER>                                       7
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   82899
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          597
<TOTAL-LIABILITIES>                                597
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         81278
<SHARES-COMMON-STOCK>                             7983
<SHARES-COMMON-PRIOR>                             6652
<ACCUMULATED-NII-CURRENT>                            8
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (379)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1395
<NET-ASSETS>                                     82302
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1575
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (178)
<NET-INVESTMENT-INCOME>                         (1397)
<REALIZED-GAINS-CURRENT>                            82
<APPREC-INCREASE-CURRENT>                          241
<NET-CHANGE-FROM-OPS>                             1720
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1416)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           2633
<NUMBER-OF-SHARES-REDEEMED>                     (1408)
<SHARES-REINVESTED>                                106
<NET-CHANGE-IN-ASSETS>                           14021
<ACCUMULATED-NII-PRIOR>                             27
<ACCUMULATED-GAINS-PRIOR>                        (461)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              149
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    314
<AVERAGE-NET-ASSETS>                             73430
<PER-SHARE-NAV-BEGIN>                            10.26
<PER-SHARE-NII>                                    .20
<PER-SHARE-GAIN-APPREC>                            .05
<PER-SHARE-DIVIDEND>                             (.20)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.31
<EXPENSE-RATIO>                                    .49
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869365
<NAME> SCHWAB INVESTMENTS
<SERIES>
   <NUMBER> 06
   <NAME> SCHWAB CALIFORNIA SHORT/INTERMEDIATE TAX-FREE BOND FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               FEB-28-1999
<INVESTMENTS-AT-COST>                           112938
<INVESTMENTS-AT-VALUE>                          114916
<RECEIVABLES>                                     1698
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  116615
<PAYABLE-FOR-SECURITIES>                          1403
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          225
<TOTAL-LIABILITIES>                               1628
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        113799
<SHARES-COMMON-STOCK>                            11157
<SHARES-COMMON-PRIOR>                             9345
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            (16)
<ACCUMULATED-NET-GAINS>                          (774)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1978
<NET-ASSETS>                                    114987
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2260
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (257)
<NET-INVESTMENT-INCOME>                           2003
<REALIZED-GAINS-CURRENT>                            14
<APPREC-INCREASE-CURRENT>                          376
<NET-CHANGE-FROM-OPS>                             2393
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1994)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           4269
<NUMBER-OF-SHARES-REDEEMED>                     (2610)
<SHARES-REINVESTED>                                153
<NET-CHANGE-IN-ASSETS>                           19093
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        (788)
<OVERDISTRIB-NII-PRIOR>                           (25)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              215
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    418
<AVERAGE-NET-ASSETS>                            105744
<PER-SHARE-NAV-BEGIN>                            10.26
<PER-SHARE-NII>                                    .19
<PER-SHARE-GAIN-APPREC>                            .05
<PER-SHARE-DIVIDEND>                             (.19)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.31
<EXPENSE-RATIO>                                    .49
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869365
<NAME> SCHWAB INVESTMENTS
<SERIES>
   <NUMBER> 07
   <NAME> SCHWAB TOTAL BOND MARKET INDEX FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-END>                               FEB-28-1999
<INVESTMENTS-AT-COST>                           446567
<INVESTMENTS-AT-VALUE>                          444787
<RECEIVABLES>                                    69365
<ASSETS-OTHER>                                      21
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  514173
<PAYABLE-FOR-SECURITIES>                        131179
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1208
<TOTAL-LIABILITIES>                             132387
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        384537
<SHARES-COMMON-STOCK>                            38308
<SHARES-COMMON-PRIOR>                            28894
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            (38)
<ACCUMULATED-NET-GAINS>                          (104)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        (2609)
<NET-ASSETS>                                    381786
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 9671
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (544)
<NET-INVESTMENT-INCOME>                           9127
<REALIZED-GAINS-CURRENT>                           712
<APPREC-INCREASE-CURRENT>                       (6415)
<NET-CHANGE-FROM-OPS>                             3424
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (9091)
<DISTRIBUTIONS-OF-GAINS>                        (2225)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          14239
<NUMBER-OF-SHARES-REDEEMED>                     (5859)
<SHARES-REINVESTED>                               1034
<NET-CHANGE-IN-ASSETS>                           87766
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         1409
<OVERDISTRIB-NII-PRIOR>                           (74)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              666
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1203
<AVERAGE-NET-ASSETS>                            327519
<PER-SHARE-NAV-BEGIN>                            10.18
<PER-SHARE-NII>                                    .28
<PER-SHARE-GAIN-APPREC>                          (.14)
<PER-SHARE-DIVIDEND>                             (.28)
<PER-SHARE-DISTRIBUTIONS>                        (.07)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.97
<EXPENSE-RATIO>                                    .34
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission