<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000869365
<NAME> SCHWAB INVESTMENT
<SERIES>
<NUMBER> 011
<NAME> SCHWAB 1000 INVESTOR CLASS
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 4055428
<INVESTMENTS-AT-VALUE> 7533707
<RECEIVABLES> 5977
<ASSETS-OTHER> 654878
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8194562
<PAYABLE-FOR-SECURITIES> 4110
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 656087
<TOTAL-LIABILITIES> 660197
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4070449
<SHARES-COMMON-STOCK> 127036
<SHARES-COMMON-PRIOR> 132655
<ACCUMULATED-NII-CURRENT> 15429
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (30020)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3478507
<NET-ASSETS> 7534365
<DIVIDEND-INCOME> 41417
<INTEREST-INCOME> 150
<OTHER-INCOME> 732
<EXPENSES-NET> (16105)
<NET-INVESTMENT-INCOME> 26194
<REALIZED-GAINS-CURRENT> (9702)
<APPREC-INCREASE-CURRENT> 609836
<NET-CHANGE-FROM-OPS> 626328
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (33936)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15474
<NUMBER-OF-SHARES-REDEEMED> (21896)
<SHARES-REINVESTED> 803
<NET-CHANGE-IN-ASSETS> 396174
<ACCUMULATED-NII-PRIOR> 42250
<ACCUMULATED-GAINS-PRIOR> (20318)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8377
<INTEREST-EXPENSE> 106
<GROSS-EXPENSE> 17218
<AVERAGE-NET-ASSETS> 7468559
<PER-SHARE-NAV-BEGIN> 37.12
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 3.15
<PER-SHARE-DIVIDEND> (0.26)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 40.15
<EXPENSE-RATIO> 0.46<F1>
<FN>
<F1>Would have been 0.47% if certain non-routine expenses had been included.
</FN>
</TABLE>
