UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
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Capital Group Core Bond Fund
Capital Group Core Municipal Fund
Capital Group Short-Term Municipal Fund
(Name of Registrant as Specified in Its Charter)
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The following email communication was sent to shareholders of record in connection with the special meetings of certain Capital Group Private Client Services funds held on September 15, 2022.
Subject: All three fixed income fund mergers were approved
Preview: Proxy vote results
Dear [IC_Email_Salutation1],
Thank you for participating in the proxy vote regarding merging select Capital Group Private Client Services funds into corresponding American Funds. The results show that shareholders approved each merger proposal.
The Capital Group Private Client Services Funds will merge into the corresponding American Funds noted below:
Capital Group Private Client Services fund:
| American Funds:
|
Capital Group Core Bond Fund
| The Bond Fund of America®
|
Capital Group Core Municipal Fund
| Limited Term Tax-Exempt Bond Fund of America®
|
Capital Group Short-Term Municipal Fund | American Funds Short-Term Tax-Exempt Bond Fund® |
As a reminder, we anticipate that this tax-free fund merger will reduce overlap in our investment strategies and decrease shareholder costs. Each of the American Funds charges lower fees than its corresponding Capital Group Private Client Services fund.
You do not need to take any further action, and you will not be subject to any additional fees as a result of this merger. Your shares in the Capital Group Private Client Services fund will be replaced with an equivalent value of Class F-3 shares in the corresponding American Fund.
We expect the mergers to occur on or about September 16, 2022, for Capital Group Core Bond Fund and September 23, 2022, for Capital Group Core Municipal Fund and Capital Group Short-Term Municipal Fund.
My team and I can help answer any questions you might have. Please don’t hesitate to contact me.
Thank you,
[PWA email signature]
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Capital Group Private Client Services funds. This and other important information is contained in the Combined Prospectus/Proxy Statement, which can be obtained from your Private Wealth Advisor and should be read carefully before investing.
© American Funds Distributors, Inc.