Irvine, California 92618
Irvine, California 92618
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class A | $ 90 | 0.81 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class A (with sales charge) * | 14.17 % | 4.64 % ) | 4.27 % |
American Funds Global Balanced Fund — Class A (without sales charge) * | 21.16 % | 5.89 % ) | 4.89 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class C | $ 172 | 1.56 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class C (with sales charge) * | 19.24 % | 5.10 % ) | 4.25 % |
American Funds Global Balanced Fund — Class C (without sales charge) * | 20.24 % | 5.10 % ) | 4.25 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class T | $ 62 | 0.56 % |
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1 year | 5 years | Since inception1 | |
American Funds Global Balanced Fund — Class T (with sales charge) 2 | 18.41 % | 5.61 % ) | 5.68 % |
American Funds Global Balanced Fund — Class T (without sales charge) 2 | 21.44 % | 6.15 % ) | 6.03 % |
MSCI ACWI (All Country World Index) 3 | 32.79 % | 11.08 % ) | 10.49 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index 3 | 23.06 % | 6.05 % ) | 6.54 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index 3 | 23.24 % | 6.94 % ) | 7.21 % |
Bloomberg Global Aggregate Index 3 | 9.54 % | (1.64 ) % | 0.35 % |
Bloomberg Global Aggregate (USD Hedged) Index 3 | 9.92 % | 0.33 % ) | 1.85 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class F-1 | $ 95 | 0.86 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class F-1 * | 21.12 % | 5.84 % ) | 4.84 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class F-2 | $ 64 | 0.58 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class F-2 * | 21.43 % | 6.13 % ) | 5.13 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class F-3 | $ 53 | 0.48 % |
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1 year | 5 years | Since inception 1 | |
American Funds Global Balanced Fund — Class F-3 2 | 21.54 % | 6.25 % ) | 6.28 % |
MSCI ACWI (All Country World Index) 3 | 32.79 % | 11.08 % ) | 10.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index 3 | 23.06 % | 6.05 % ) | 6.71 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index 3 | 23.24 % | 6.94 % ) | 7.35 % |
Bloomberg Global Aggregate Index 3 | 9.54 % | (1.64 ) % | 0.53 % |
Bloomberg Global Aggregate (USD Hedged) Index 3 | 9.92 % | 0.33 % ) | 1.96 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class 529-A | $ 94 | 0.85 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class 529-A (with sales charge) * | 16.87 % | 5.11 % ) | 4.47 % |
American Funds Global Balanced Fund — Class 529-A (without sales charge) * | 21.10 % | 5.86 % ) | 4.84 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class 529-C | $ 176 | 1.60 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class 529-C (with sales charge) * | 19.21 % | 5.06 % ) | 4.43 % |
American Funds Global Balanced Fund — Class 529-C (without sales charge) * | 20.21 % | 5.06 % ) | 4.43 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class 529-E | $ 118 | 1.07 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class 529-E * | 20.82 % | 5.62 % ) | 4.60 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class 529-T | $ 68 | 0.61 % |
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1 year | 5 years | Since inception 1 | |
American Funds Global Balanced Fund — Class 529-T (with sales charge) 2 | 18.40 % | 5.56 % ) | 5.63 % |
American Funds Global Balanced Fund — Class 529-T (without sales charge) 2 | 21.42 % | 6.10 % ) | 5.98 % |
MSCI ACWI (All Country World Index) 3 | 32.79 % | 11.08 % ) | 10.49 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index 3 | 23.06 % | 6.05 % ) | 6.54 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index 3 | 23.24 % | 6.94 % ) | 7.21 % |
Bloomberg Global Aggregate Index 3 | 9.54 % | (1.64 ) % | 0.35 % |
Bloomberg Global Aggregate (USD Hedged) Index 3 | 9.92 % | 0.33 % ) | 1.85 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class 529-F-1 | $ 74 | 0.67 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class 529-F-1 * | 21.31 % | 6.05 % ) | 5.05 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class 529-F-2 | $ 64 | 0.58 % |
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1 year | Since inception 1 | |
American Funds Global Balanced Fund — Class 529-F-2 2 | 21.45 % | 6.77 % ) |
MSCI ACWI (All Country World Index) 3 | 32.79 % | 12.68 % ) |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index 3 | 23.06 % | 6.13 % ) |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index 3 | 23.24 % | 7.36 % ) |
Bloomberg Global Aggregate Index 3 | 9.54 % | (3.37 ) % |
Bloomberg Global Aggregate (USD Hedged) Index 3 | 9.92 % | (0.65 ) % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class 529-F-3 | $ 60 | 0.54 % |
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1 year | Since inception 1 | |
American Funds Global Balanced Fund — Class 529-F-3 2 | 21.46 % | 6.81 % ) |
MSCI ACWI (All Country World Index) 3 | 32.79 % | 12.68 % ) |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index 3 | 23.06 % | 6.13 % ) |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index 3 | 23.24 % | 7.36 % ) |
Bloomberg Global Aggregate Index 3 | 9.54 % | (3.37 ) % |
Bloomberg Global Aggregate (USD Hedged) Index 3 | 9.92 % | (0.65 ) % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-1 | $ 170 | 1.54 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class R-1 * | 20.29 % | 5.11 % ) | 4.12 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-2 | $ 171 | 1.55 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class R-2 * | 20.26 % | 5.11 % ) | 4.10 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-2E | $ 141 | 1.28 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class R-2E * | 20.57 % | 5.39 % ) | 4.46 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-3 | $ 123 | 1.11 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class R-3 * | 20.79 % | 5.57 % ) | 4.57 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-4 | $ 91 | 0.82 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class R-4 * | 21.14 % | 5.88 % ) | 4.87 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-5E | $ 70 | 0.63 % |
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1 year | 5 years | Since inception 1 | |
American Funds Global Balanced Fund — Class R-5E 2 | 21.37 % | 6.09 % ) | 6.05 % |
MSCI ACWI (All Country World Index) 3 | 32.79 % | 11.08 % ) | 10.19 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index 3 | 23.06 % | 6.05 % ) | 6.53 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index 3 | 23.24 % | 6.94 % ) | 7.12 % |
Bloomberg Global Aggregate Index 3 | 9.54 % | (1.64 ) % | 0.77 % |
Bloomberg Global Aggregate (USD Hedged) Index 3 | 9.92 % | 0.33 % ) | 2.07 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-5 | $ 59 | 0.53 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Class R-5 * | 21.51 % | 6.19 % ) | 5.18 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover rate excluding mortgage dollar roll transactions | $ 44% |
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Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class R-6 | $ 53 | 0.48 % |
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1 year | 5 years | 10 years | |
American Funds Global Balanced Fund — Cl ass R-6* | 21.55 % | 6.25 % ) | 5.24 % |
MSCI ACWI (All Country World Index) † | 32.79 % | 11.08 % ) | 9.06 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index † | 23.06 % | 6.05 % ) | 5.65 % |
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate (USD Hedged) Index † | 23.24 % | 6.94 % ) | 6.47 % |
Bloomberg Global Aggregate Index † | 9.54 % | (1.64 ) % | 0.23 % |
Bloomberg Global Aggregate (USD Hedged) Index † | 9.92 % | 0.33 % ) | 2.12 % |
Fund net assets (in millions) | $ 26,618% |
Total number of portfolio holdings | $ 1,030% |
Total advisory fees paid (in millions) | $ 116% |
Portfolio turnover rate including mortgage dollar roll transactions | $ 114% |
Portfolio turnover ra te excluding mortgage dollar roll transactions | $ 44% |
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ITEM 2 - Code of Ethics
The Registrant has adopted a Code of Ethics, as of the end of the period covered by this report, applicable to the registrant's principal executive officer, principal financial officer and principal accounting officer, or persons performing similar functions. A copy of the code of ethics is available without charge at capitalgroup.com.
ITEM 3 - Audit Committee Financial Expert
The Registrant's board has determined that John G. Freund, a member of the Registrant's audit committee, is an "audit committee financial expert" and "independent," as such terms are defined in this Item. This designation will not increase the designee's duties, obligations or liability as compared to his or her duties, obligations and liability as a member of the audit committee and of the board, nor will it reduce the responsibility of the other audit committee members. There may be other individuals who, through education or experience, would qualify as "audit committee financial experts" if the board had designated them as such. Most importantly, the board believes each member of the audit committee contributes significantly to the effective oversight of the Registrant's financial statements and condition.
ITEM 4 - Principal Accountant Fees and Services
Registrant1 | (a) Audit Fees | (b) Audit-Related Fees | (c) Tax Fees | (d) All Other Fees |
October 31, 2024 | 112,000 | 5,000 | 26,000 | None |
October 31, 2023 | 102,000 | 4,000 | 21,000 | None |
Adviser and Affiliates2 |
|
|
|
|
October 31, 2024 | Not Applicable | 2,131,000 | None | 11,000 |
October 31, 2023 | Not Applicable | 2,183,000 | None | None |
Registrant, Adviser and Affiliates3 | (g) Aggregate |
non-audit fees | |
October 31, 2024 | 2,173,000 |
October 31, 2023 | 2,208,000 |
1The audit fees represents fees billed for professional services rendered for the audit and review of the Registrant's annual financial statements. The audit-related fees represents fees billed for assurance and related services that are reasonably related to the performance of the audit or review of the Registrant's financial statements, but not reported under "audit fees". The tax fees consist of professional services relating to the preparation of the Registrant’s tax returns. The other fees represents fees, if any, billed for other products and services rendered by the principal accountant to the Registrant other than those reported under the "audit fees", "audit-related fees", and "tax fees".
2This includes only fees for non-audit services billed to the adviser and affiliates for engagements that relate directly to the operations and financial reporting of the Registrant and were subject to the pre-approval policies described below. The audit-related fees consist of assurance and related services relating to the examination of the Registrant’s transfer agent, principal underwriter and investment adviser conducted in accordance with Statement on Standards for Attestation Engagements Number 18 issued by the American Institute of Certified Public Accountants. The tax fees consist of consulting services relating to the Registrant’s investments. The other fees consist of subscription services related to an accounting research tool.
3Aggregate non-audit fees paid to the Registrant’s auditors, including fees for all services billed to the Registrant, adviser and affiliates that provide ongoing services to the Registrant. The non-audit services represented by these amounts were brought to the attention of the committee and considered to be compatible with maintaining the auditors’ independence.
(e1)(e2)(h) All audit and permissible non-audit services that the Registrant’s audit committee considers compatible with maintaining the independent registered public accounting firm’s independence are required to be pre-approved by the committee. The pre-approval requirement will extend to all non-audit services provided to the Registrant, the investment adviser, and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant, if the engagement relates directly to the operations and financial reporting of the Registrant. The committee will not delegate its responsibility to pre-approve these services to the investment adviser. The committee may delegate to one or more committee members the authority to review and pre-approve audit and permissible non-audit services. Actions taken under any such delegation will be reported to the full committee at its next meeting. The pre-approval requirement is waived with respect to non-audit services if certain conditions are met. The pre- approval requirement was not waived for any of the non-audit services listed above provided to the Registrant, adviser and affiliates.
(f)Not applicable.
(i)Not applicable.
(j)Not applicable.
ITEM 5 - Audit Committee of Listed Registrants
Not applicable to this Registrant, insofar as the Registrant is not a listed issuer as defined in Rule 10A-3 under the Securities Exchange Act of 1934.
ITEM 6 - Investments
The schedule of investments is included as part of the material filed under Item 7 of this Form.
ITEM 7 - Financial Statements and Financial Highlights for Open-End Management Investment Companies
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N-CSR Items 7-11
Common stocks 62.59% | Shares | Value (000) | ||
Information technology 10.06% | ||||
Microsoft Corp. | 1,809,472 | $735,279 | ||
Broadcom, Inc. | 4,071,639 | 691,242 | ||
Apple, Inc. | 1,662,646 | 375,608 | ||
Samsung Electronics Co., Ltd. | 4,575,055 | 193,367 | ||
Accenture PLC, Class A | 540,108 | 186,240 | ||
Taiwan Semiconductor Manufacturing Co., Ltd. | 5,832,200 | 183,401 | ||
Texas Instruments, Inc. | 899,116 | 182,664 | ||
TDK Corp. | 6,199,000 | 73,248 | ||
GlobalWafers Co., Ltd. | 2,288,957 | 29,577 | ||
Intel Corp. | 1,204,494 | 25,921 | ||
2,676,547 | ||||
Health care 8.87% | ||||
Sanofi | 3,353,685 | 353,847 | ||
Novo Nordisk AS, Class B | 2,492,485 | 278,694 | ||
Gilead Sciences, Inc. | 2,807,636 | 249,374 | ||
Abbott Laboratories | 2,108,813 | 239,076 | ||
Eli Lilly and Co. | 233,966 | 194,131 | ||
UnitedHealth Group, Inc. | 279,259 | 157,642 | ||
Vertex Pharmaceuticals, Inc.1 | 243,064 | 115,694 | ||
Stryker Corp. | 240,031 | 85,518 | ||
Molina Healthcare, Inc.1 | 246,414 | 79,153 | ||
GE HealthCare Technologies, Inc. | 896,822 | 78,337 | ||
Alnylam Pharmaceuticals, Inc.1 | 279,703 | 74,566 | ||
AbbVie, Inc. | 362,717 | 73,947 | ||
Medtronic PLC | 822,383 | 73,398 | ||
DexCom, Inc.1 | 940,599 | 66,293 | ||
Thermo Fisher Scientific, Inc. | 106,542 | 58,206 | ||
GSK PLC | 1,958,979 | 35,788 | ||
Danaher Corp. | 140,713 | 34,568 | ||
Novartis AG | 277,394 | 30,098 | ||
Takeda Pharmaceutical Co., Ltd. | 1,003,400 | 27,950 | ||
AstraZeneca PLC | 194,163 | 27,605 | ||
BioMarin Pharmaceutical, Inc.1 | 398,246 | 26,241 | ||
2,360,126 | ||||
Industrials 8.45% | ||||
RTX Corp. | 3,642,027 | 440,649 | ||
Carrier Global Corp. | 3,078,925 | 223,899 | ||
General Dynamics Corp. | 556,330 | 162,231 | ||
Safran SA | 711,867 | 161,510 | ||
BAE Systems PLC | 8,282,159 | 133,554 | ||
Volvo AB, Class B | 4,891,995 | 126,989 | ||
Daikin Industries, Ltd. | 1,000,000 | 117,223 | ||
Deutsche Post AG | 2,491,331 | 100,078 | ||
Recruit Holdings Co., Ltd. | 1,378,600 | 84,538 | ||
Honeywell International, Inc. | 390,065 | 80,228 | ||
CSX Corp. | 2,280,135 | 76,704 | ||
Thales SA | 439,126 | 70,795 | ||
Kingspan Group PLC | 705,449 | 61,934 | ||
Airbus SE, non-registered shares | 366,174 | 55,801 | ||
Melrose Industries PLC | 7,505,130 | 46,574 | ||
PACCAR, Inc. | 396,422 | 41,339 | ||
United Rentals, Inc. | 49,250 | 40,030 | ||
Rolls-Royce Holdings PLC1 | 5,717,278 | 39,684 | ||
nVent Electric PLC | 481,181 | 35,882 | ||
L3Harris Technologies, Inc. | 125,507 | 31,059 | ||
General Electric Co. | 178,769 | 30,709 | ||
Caterpillar, Inc. | 75,257 | 28,312 | ||
Waste Management, Inc. | 117,805 | 25,428 | ||
Boeing Co. (The)1 | 129,133 | 19,281 | ||
AtkinsRealis Group, Inc. | 330,602 | 15,909 | ||
2,250,340 |
American Funds Global Balanced Fund | 1 |
Common stocks (continued) | Shares | Value (000) | ||
Financials 8.04% | ||||
ING Groep NV | 16,181,382 | $274,674 | ||
Banco Bilbao Vizcaya Argentaria, SA | 26,488,103 | 263,817 | ||
B3 SA - Brasil, Bolsa, Balcao | 113,391,216 | 208,309 | ||
AIA Group, Ltd. | 22,257,200 | 177,105 | ||
BlackRock, Inc. | 174,905 | 171,587 | ||
Münchener Rückversicherungs-Gesellschaft AG | 305,539 | 156,543 | ||
Chubb, Ltd. | 550,000 | 155,342 | ||
HDFC Bank, Ltd. (ADR) | 1,756,506 | 110,713 | ||
HDFC Bank, Ltd. | 1,625,101 | 33,397 | ||
Zurich Insurance Group AG | 184,516 | 109,414 | ||
JPMorgan Chase & Co. | 321,199 | 71,281 | ||
Morgan Stanley | 467,150 | 54,306 | ||
BNP Paribas SA | 765,274 | 52,278 | ||
Mizuho Financial Group, Inc. | 2,421,300 | 50,561 | ||
Capital One Financial Corp. | 300,605 | 48,936 | ||
Aegon, Ltd. | 6,979,367 | 44,107 | ||
Bank Central Asia Tbk PT | 63,023,300 | 41,125 | ||
Great-West Lifeco, Inc. | 1,101,608 | 36,964 | ||
3i Group PLC | 854,312 | 34,969 | ||
PNC Financial Services Group, Inc. | 95,659 | 18,010 | ||
FinecoBank SpA | 963,932 | 15,466 | ||
Standard Chartered PLC | 889,618 | 10,261 | ||
2,139,165 | ||||
Consumer staples 5.43% | ||||
Philip Morris International, Inc. | 2,218,701 | 294,422 | ||
ITC, Ltd. | 43,799,724 | 253,023 | ||
Imperial Brands PLC | 7,599,476 | 229,009 | ||
Ajinomoto Co., Inc. | 5,085,945 | 196,089 | ||
British American Tobacco PLC | 3,643,994 | 126,904 | ||
Barry Callebaut AG (Switzerland)1 | 72,433 | 126,641 | ||
Suntory Beverage & Food, Ltd.2 | 3,500,000 | 118,050 | ||
Nestlé SA | 693,378 | 65,566 | ||
Seven & i Holdings Co., Ltd. | 2,409,800 | 34,522 | ||
1,444,226 | ||||
Consumer discretionary 5.06% | ||||
Home Depot, Inc. | 603,932 | 237,798 | ||
Amazon.com, Inc.1 | 1,213,223 | 226,145 | ||
LVMH Moët Hennessy-Louis Vuitton SE | 235,309 | 156,135 | ||
Ferrari NV | 236,324 | 112,462 | ||
Ferrari NV (EUR denominated) | 75,632 | 36,156 | ||
Royal Caribbean Cruises, Ltd. | 512,094 | 105,670 | ||
Compagnie Financière Richemont SA, Class A | 619,724 | 90,406 | ||
InterContinental Hotels Group PLC | 583,499 | 64,260 | ||
Las Vegas Sands Corp. | 1,179,690 | 61,167 | ||
McDonald’s Corp. | 159,405 | 46,564 | ||
Hasbro, Inc. | 709,110 | 46,539 | ||
Starbucks Corp. | 414,637 | 40,510 | ||
Midea Group Co., Ltd., Class A | 3,857,250 | 38,727 | ||
Sony Group Corp. | 1,932,500 | 33,974 | ||
Restaurant Brands International, Inc. | 390,824 | 27,182 | ||
adidas AG | 101,001 | 24,079 | ||
1,347,774 | ||||
Communication services 4.85% | ||||
Meta Platforms, Inc., Class A | 787,216 | 446,808 | ||
Alphabet, Inc., Class A | 1,907,981 | 326,475 | ||
Alphabet, Inc., Class C | 486,858 | 84,075 | ||
Netflix, Inc.1 | 138,255 | 104,525 | ||
Singapore Telecommunications, Ltd. | 35,000,000 | 82,832 | ||
Comcast Corp., Class A | 1,638,255 | 71,542 | ||
TELUS Corp. | 4,414,906 | 69,790 | ||
Omnicom Group, Inc. | 631,193 | 63,750 | ||
Universal Music Group NV2 | 936,236 | 23,554 | ||
Nintendo Co., Ltd. | 328,600 | 17,395 | ||
1,290,746 |
2 | American Funds Global Balanced Fund |
Common stocks (continued) | Shares | Value (000) | ||
Materials 4.37% | ||||
Freeport-McMoRan, Inc. | 8,403,163 | $378,310 | ||
Air Products and Chemicals, Inc. | 626,709 | 194,612 | ||
Glencore PLC | 26,347,592 | 137,297 | ||
Linde PLC | 276,640 | 126,189 | ||
Smurfit Westrock PLC | 1,787,881 | 92,076 | ||
International Paper Co. | 1,377,661 | 76,515 | ||
Rio Tinto PLC | 767,947 | 49,683 | ||
Vale SA (ADR), ordinary nominative shares | 3,830,605 | 40,987 | ||
Celanese Corp. | 310,825 | 39,155 | ||
Air Liquide SA | 160,399 | 28,743 | ||
1,163,567 | ||||
Utilities 3.49% | ||||
DTE Energy Co. | 1,714,934 | 213,029 | ||
Constellation Energy Corp. | 752,691 | 197,928 | ||
E.ON SE | 12,096,315 | 163,377 | ||
Duke Energy Corp. | 999,637 | 115,228 | ||
PG&E Corp. | 3,600,000 | 72,792 | ||
SembCorp Industries, Ltd. | 17,799,000 | 67,751 | ||
Dominion Energy, Inc. | 856,124 | 50,965 | ||
CenterPoint Energy, Inc. | 1,638,270 | 48,378 | ||
929,448 | ||||
Energy 2.75% | ||||
Canadian Natural Resources, Ltd. (CAD denominated) | 10,185,242 | 346,372 | ||
Shell PLC (GBP denominated) | 3,233,833 | 107,574 | ||
TC Energy Corp. (CAD denominated) | 2,132,555 | 99,188 | ||
Chevron Corp. | 481,704 | 71,687 | ||
EOG Resources, Inc. | 366,184 | 44,660 | ||
Neste OYJ | 2,723,330 | 43,662 | ||
South Bow Corp. (CAD denominated)1 | 426,510 | 10,651 | ||
Cameco Corp. (CAD denominated) | 179,323 | 9,371 | ||
733,165 | ||||
Real estate 1.22% | ||||
Equinix, Inc. REIT | 140,305 | 127,408 | ||
CTP NV | 6,416,117 | 107,026 | ||
Embassy Office Parks REIT | 19,321,567 | 90,838 | ||
325,272 | ||||
Total common stocks (cost: $11,650,608,000) | 16,660,376 | |||
Preferred securities 0.07% | ||||
Consumer discretionary 0.07% | ||||
Dr. Ing. h.c. F. Porsche AG, nonvoting non-registered preferred shares | 263,526 | 18,535 | ||
Total preferred securities (cost: $21,417,000) | 18,535 | |||
Convertible stocks 0.36% | ||||
Utilities 0.36% | ||||
NextEra Energy, Inc., noncumulative convertible preferred units, 6.926% 9/1/2025 | 2,154,867 | 96,430 | ||
Total convertible stocks (cost: $92,078,000) | 96,430 | |||
Bonds, notes & other debt instruments 31.32% | Principal amount (000) | |||
Bonds & notes of governments & government agencies outside the U.S. 12.71% | ||||
Agricultural Development Bank of China 3.75% 1/25/2029 | CNY1,030 | 155 | ||
Asian Development Bank 1.125% 6/10/2025 | GBP460 | 581 | ||
Asian Development Bank 6.20% 10/6/2026 | INR117,500 | 1,386 | ||
Asian Development Bank 6.72% 2/8/2028 | 1,339,880 | 15,904 | ||
Australia (Commonwealth of), Series 163, 1.00% 11/21/2031 | AUD30,660 | 16,133 | ||
Australia (Commonwealth of), Series 167, 3.75% 5/21/2034 | 73,510 | 45,664 | ||
Austria (Republic of) 0% 2/20/2031 | EUR33,610 | 30,910 | ||
Belgium (Kingdom of), Series 97, 3.00% 6/22/2033 | 15,660 | 17,202 |
American Funds Global Balanced Fund | 3 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Bonds & notes of governments & government agencies outside the U.S. (continued) | ||||
Brazil (Federative Republic of) 0% 1/1/2025 | BRL4,834 | $821 | ||
Brazil (Federative Republic of) 10.00% 1/1/2025 | 84,799 | 14,607 | ||
Brazil (Federative Republic of) 0% 4/1/2025 | 6,155 | 1,018 | ||
Brazil (Federative Republic of) 10.00% 1/1/2029 | 150,951 | 23,799 | ||
Brazil (Federative Republic of) 10.00% 1/1/2031 | 820,175 | 125,421 | ||
Brazil (Federative Republic of) 6.00% 8/15/20403 | 13,044 | 2,103 | ||
Brazil (Federative Republic of) 6.00% 8/15/20503 | 124,660 | 19,630 | ||
Brazil (Federative Republic of) 6.00% 8/15/20603 | 13,001 | 2,037 | ||
Bulgaria (Republic of) 4.50% 1/27/2033 | EUR7,280 | 8,567 | ||
Canada 3.00% 11/1/2024 | CAD47,910 | 34,409 | ||
Canada 2.25% 6/1/2025 | 39,295 | 28,044 | ||
Canada 0.25% 3/1/2026 | 15,710 | 10,865 | ||
Canada 3.50% 3/1/2028 | 56,463 | 41,201 | ||
Canada 2.00% 6/1/2032 | 810 | 536 | ||
Canada 2.75% 12/1/2048 | 9,900 | 6,464 | ||
Chile (Republic of) 4.70% 9/1/2030 | CLP2,690,000 | 2,662 | ||
China (People’s Republic of) 2.47% 7/25/2054 | CNY48,600 | 7,007 | ||
China (People’s Republic of), Series INBK, 2.64% 1/15/2028 | 293,360 | 42,409 | ||
China (People’s Republic of), Series INBK, 2.37% 1/15/2029 | 260,740 | 37,480 | ||
China (People’s Republic of), Series 1906, 3.29% 5/23/2029 | 100 | 15 | ||
China (People’s Republic of), Series INBK, 2.62% 6/25/2030 | 135,240 | 19,704 | ||
China (People’s Republic of), Series INBK, 2.88% 2/25/2033 | 785,480 | 117,145 | ||
China (People’s Republic of), Series INBK, 2.27% 5/25/2034 | 338,280 | 48,093 | ||
China (People’s Republic of), Series INBK, 3.81% 9/14/2050 | 332,320 | 59,634 | ||
China (People’s Republic of), Series INBK, 3.12% 10/25/2052 | 146,960 | 23,857 | ||
China (People’s Republic of), Series INBK, 3.19% 4/15/2053 | 45,940 | 7,579 | ||
China Development Bank Corp., Series 2008, 2.89% 6/22/2025 | 209,930 | 29,722 | ||
China Development Bank Corp., Series 2004, 3.43% 1/14/2027 | 194,070 | 28,223 | ||
China Development Bank Corp., Series 2009, 3.39% 7/10/2027 | 181,600 | 26,548 | ||
China Development Bank Corp., Series 1805, 4.88% 2/9/2028 | 128,750 | 19,799 | ||
China Development Bank Corp., Series 2109, 3.09% 8/9/2028 | 136,660 | 20,048 | ||
China Development Bank Corp., Series 2005, 3.07% 3/10/2030 | 2,860 | 423 | ||
Estonia (Republic of) 3.25% 1/17/2034 | EUR11,180 | 12,279 | ||
European Bank for Reconstruction and Development 5.00% 1/15/2026 | INR432,000 | 5,049 | ||
European Bank for Reconstruction and Development 5.25% 1/12/2027 | 611,400 | 7,066 | ||
European Bank for Reconstruction and Development 6.30% 10/26/2027 | 255,200 | 2,986 | ||
European Financial Stability Facility 0.40% 2/17/2025 | EUR13,200 | 14,252 | ||
European Financial Stability Facility 0% 10/15/2025 | 1,200 | 1,274 | ||
European Investment Bank 0.375% 9/15/2027 | 8,975 | 9,205 | ||
European Investment Bank 0.25% 1/20/2032 | 36,200 | 33,168 | ||
European Union 0% 7/6/2026 | 11,400 | 11,907 | ||
European Union 0.25% 10/22/2026 | 4,555 | 4,758 | ||
European Union 2.875% 12/6/2027 | 2,810 | 3,087 | ||
European Union 0% 6/2/2028 | 10,920 | 10,881 | ||
French Republic O.A.T. 0.75% 2/25/2028 | 2,390 | 2,449 | ||
French Republic O.A.T. 0% 11/25/2030 | 130,490 | 120,032 | ||
French Republic O.A.T. 1.25% 5/25/2034 | 20,510 | 18,975 | ||
French Republic O.A.T. 3.25% 5/25/2045 | 6,700 | 7,075 | ||
French Republic O.A.T. 0.75% 5/25/2052 | 380 | 214 | ||
French Republic O.A.T. 3.00% 5/25/2054 | 310 | 301 | ||
Germany (Federal Republic of) 0% 4/16/2027 | 75,355 | 77,729 | ||
Germany (Federal Republic of) 1.30% 10/15/2027 | 2,900 | 3,078 | ||
Germany (Federal Republic of) 0% 8/15/2030 | 35,175 | 33,745 | ||
Germany (Federal Republic of) 2.20% 2/15/2034 | 17,490 | 18,771 | ||
Germany (Federal Republic of) 1.00% 5/15/2038 | 16,410 | 14,696 | ||
Germany (Federal Republic of) 0% 8/15/2050 | 14,895 | 8,436 | ||
Germany (Federal Republic of) 0% 8/15/2052 | 1,390 | 749 | ||
Greece (Hellenic Republic of) 1.50% 6/18/2030 | 5,405 | 5,455 | ||
Greece (Hellenic Republic of) 1.75% 6/18/2032 | 35,350 | 35,106 | ||
Greece (Hellenic Republic of) 1.875% 1/24/2052 | 686 | 508 | ||
Indonesia (Republic of) 0.99% 5/27/2027 | JPY1,000,000 | 6,575 | ||
Indonesia (Republic of) 1.33% 5/25/2029 | 2,200,000 | 14,432 | ||
Indonesia (Republic of), Series 64, 6.125% 5/15/2028 | IDR155,709,000 | 9,788 | ||
Indonesia (Republic of), Series 95, 6.375% 8/15/2028 | 236,416,000 | 14,941 | ||
Indonesia (Republic of), Series 71, 9.00% 3/15/2029 | 95,688,000 | 6,619 | ||
Indonesia (Republic of), Series 78, 8.25% 5/15/2029 | 179,793,000 | 12,159 | ||
Indonesia (Republic of), Series 96, 7.00% 2/15/2033 | 943,014,000 | 60,732 |
4 | American Funds Global Balanced Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Bonds & notes of governments & government agencies outside the U.S. (continued) | ||||
Indonesia (Republic of), Series 100, 6.625% 2/15/2034 | IDR241,959,000 | $15,218 | ||
Indonesia (Republic of), Series 68, 8.375% 3/15/2034 | 62,682,000 | 4,395 | ||
Indonesia Asahan Aluminium (Persero) PT 5.45% 5/15/20304 | USD1,580 | 1,586 | ||
Inter-American Development Bank 7.00% 1/25/2029 | INR1,615,000 | 19,176 | ||
International Bank for Reconstruction and Development 6.75% 9/8/2027 | 949,200 | 11,244 | ||
International Bank for Reconstruction and Development 6.75% 7/13/2029 | 1,555,600 | 18,293 | ||
Ireland (Republic of) 2.60% 10/18/2034 | EUR6,830 | 7,356 | ||
Ireland (Republic of) 3.00% 10/18/2043 | 9,180 | 10,135 | ||
Israel (State of) 2.50% 1/15/2030 | USD8,900 | 7,699 | ||
Israel (State of) 1.30% 4/30/2032 | ILS180,890 | 38,072 | ||
Israel (State of) 4.50% 1/17/2033 | USD370 | 338 | ||
Israel (State of) 4.00% 3/30/2035 | ILS66,670 | 16,652 | ||
Israel (State of) 3.375% 1/15/2050 | USD2,970 | 1,939 | ||
Israel (State of) 3.875% 7/3/2050 | 550 | 387 | ||
Japan 2.20% 6/20/2054 | JPY244,700 | 1,613 | ||
Japan, Series 346, 0.10% 3/20/2027 | 11,295,600 | 73,779 | ||
Japan, Series 352, 0.10% 9/20/2028 | 4,193,000 | 27,181 | ||
Japan, Series 363, 0.10% 6/20/2031 | 1,000 | 6 | ||
Japan, Series 145, 1.70% 6/20/2033 | 1,426,800 | 10,111 | ||
Japan, Series 152, 1.20% 3/20/2035 | 23,230,950 | 156,140 | ||
Japan, Series 21, 2.30% 12/20/2035 | 1,360,000 | 10,102 | ||
Japan, Series 176, 0.50% 3/20/2041 | 7,493,900 | 41,907 | ||
Japan, Series 179, 0.50% 12/20/2041 | 6,598,100 | 36,280 | ||
Japan, Series 36, 2.00% 3/20/2042 | 200,000 | 1,393 | ||
Japan, Series 42, 1.70% 3/20/2044 | 928,200 | 6,063 | ||
Japan, Series 37, 0.60% 6/20/2050 | 5,484,650 | 25,583 | ||
Japan, Series 70, 0.70% 3/20/2051 | 1,806,100 | 8,536 | ||
Japan, Series 74, 1.00% 3/20/2052 | 158,000 | 797 | ||
Japan, Series 76, 1.40% 9/20/2052 | 2,924,750 | 16,258 | ||
Japan, Series 77, 1.60% 12/20/2052 | 4,505,550 | 26,200 | ||
Magyar Export-Import Bank 6.00% 5/16/2029 | EUR3,665 | 4,282 | ||
New South Wales Treasury Corp. 4.75% 2/20/2035 | AUD27,340 | 17,293 | ||
New South Wales Treasury Corp. 4.25% 2/20/2036 | 44,654 | 26,674 | ||
New Zealand 4.25% 5/15/2036 | NZD41,464 | 23,926 | ||
New Zealand 2.75% 4/15/2037 | 24,236 | 11,843 | ||
Norway (Kingdom of) 1.75% 9/6/2029 | NOK195,770 | 16,231 | ||
Norway (Kingdom of) 3.625% 4/13/2034 | 317,600 | 28,427 | ||
Panama (Republic of) 3.75% 4/17/2026 | USD1,000 | 977 | ||
Panama (Republic of) 7.50% 3/1/2031 | 6,390 | 6,729 | ||
Panama (Republic of) 8.00% 3/1/2038 | 6,270 | 6,622 | ||
Panama (Republic of) 4.50% 4/1/2056 | 650 | 418 | ||
Panama (Republic of) 7.875% 3/1/2057 | 57,849 | 60,599 | ||
PETRONAS Capital, Ltd. 4.55% 4/21/20504 | 1,070 | 954 | ||
Philippines (Republic of) 0.25% 4/28/2025 | EUR3,750 | 4,011 | ||
Philippines (Republic of) 0.70% 2/3/2029 | 4,970 | 4,849 | ||
Poland (Republic of), Series 1029, 2.75% 10/25/2029 | PLN16,670 | 3,665 | ||
Portuguese Republic 0.475% 10/18/2030 | EUR13,170 | 12,837 | ||
Portuguese Republic 3.50% 6/18/2038 | 14,320 | 16,383 | ||
Quebec (Province of) 3.35% 7/23/2039 | 18,690 | 20,516 | ||
Republic Of Italy 0.95% 9/15/2027 | 626 | 648 | ||
Republic Of Italy 1.35% 4/1/2030 | 15,565 | 15,490 | ||
Republic Of Italy 3.50% 2/15/2031 | 1,200 | 1,325 | ||
Republic Of Italy 4.40% 5/1/2033 | 79,285 | 92,647 | ||
Republic Of Italy 4.35% 11/1/2033 | 63,090 | 73,334 | ||
Republic Of Italy 4.20% 3/1/2034 | 114,099 | 130,907 | ||
Republic Of Italy 4.50% 10/1/2053 | 14,420 | 16,542 | ||
Republic Of Italy 4.30% 10/1/2054 | 13,360 | 14,693 | ||
Romania 2.125% 3/7/2028 | 570 | 584 | ||
Romania 3.624% 5/26/2030 | 2,455 | 2,542 | ||
Saskatchewan (Province of) 3.05% 12/2/2028 | CAD8,000 | 5,709 | ||
Serbia (Republic of) 6.25% 5/26/20284 | USD3,915 | 4,040 | ||
South Africa (Republic of), Series R-214, 6.50% 2/28/2041 | ZAR284,905 | 10,637 | ||
South Korea (Republic of), Series 2503, 1.50% 3/10/2025 | KRW3,342,160 | 2,409 | ||
South Korea (Republic of), Series 2712, 2.375% 12/10/2027 | 26,409,910 | 18,814 | ||
South Korea (Republic of), Series 3212, 4.25% 12/10/2032 | 124,727,820 | 97,574 | ||
Spain (Kingdom of) 0% 1/31/2027 | EUR20,670 | 21,258 | ||
Spain (Kingdom of) 0.80% 7/30/2027 | 23,070 | 23,946 |
American Funds Global Balanced Fund | 5 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Bonds & notes of governments & government agencies outside the U.S. (continued) | ||||
Spain (Kingdom of) 1.45% 4/30/2029 | $5,976 | |||
Spain (Kingdom of) 0.50% 10/31/2031 | 13,518 | |||
Spain (Kingdom of) 3.15% 4/30/2033 | 17,686 | |||
Spain (Kingdom of) 3.55% 10/31/2033 | 20,896 | |||
Spain (Kingdom of) 3.25% 4/30/2034 | 11,062 | |||
Spain (Kingdom of) 3.45% 10/31/2034 | 17,995 | |||
Spain (Kingdom of) 2.70% 10/31/2048 | 2,504 | |||
Turkey (Republic of) 12.60% 10/1/2025 | 21,153 | |||
Turkey (Republic of) 17.30% 7/19/2028 | 1,651 | |||
Turkey (Republic of) 7.125% 7/17/2032 | 18,810 | |||
United Kingdom 0.125% 1/30/2026 | 553 | |||
United Kingdom 1.25% 7/22/2027 | 11,624 | |||
United Kingdom 4.25% 12/7/2027 | 11,511 | |||
United Kingdom 4.125% 7/22/2029 | 8,363 | |||
United Kingdom 0.375% 10/22/2030 | 37,683 | |||
United Kingdom 0.25% 7/31/2031 | 3,685 | |||
United Kingdom 1.00% 1/31/2032 | 3,001 | |||
United Kingdom 4.25% 6/7/2032 | 24,774 | |||
United Kingdom 3.25% 1/31/2033 | 21,343 | |||
United Kingdom 3.25% 1/22/2044 | 3,783 | |||
United Kingdom 3.50% 1/22/2045 | 3,042 | |||
United Kingdom 1.25% 7/31/2051 | 16,344 | |||
United Kingdom 4.375% 7/31/2054 | 18,771 | |||
United Kingdom 2.50% 7/22/2065 | 17,619 | |||
United Mexican States 2.659% 5/24/2031 | 256 | |||
United Mexican States 6.338% 5/4/2053 | 2,022 | |||
United Mexican States, Series M, 5.75% 3/5/2026 | 35,831 | |||
United Mexican States, Series M, 7.50% 6/3/2027 | 2,589 | |||
United Mexican States, Series M, 7.75% 5/29/2031 | 783 | |||
United Mexican States, Series M, 7.50% 5/26/2033 | 8,883 | |||
United Mexican States, Series M, 7.75% 11/23/2034 | 28,799 | |||
United Mexican States, Series M, 8.00% 11/7/2047 | 2,853 | |||
United Mexican States, Series M, 8.00% 7/31/2053 | 68,140 | |||
United Mexican States, Series S, 4.00% 10/29/20543 | 128 | |||
3,384,687 | ||||
Corporate bonds, notes & loans 6.49% | ||||
Financials 1.75% | ||||
AIA Group, Ltd. 0.88% 9/9/2033 (5-year EUR Mid-Swap + 1.10% on 9/9/2028)5 | 21,830 | |||
AIB Group PLC 7.583% 10/14/2026 (USD-SOFR + 3.456% on 10/14/2025)4,5 | 11,232 | |||
AIB Group PLC 5.75% 2/16/2029 (1-year EUR Mid-Swap + 2.85% on 2/16/2028)5 | 3,872 | |||
Aon Corp. 2.85% 5/28/2027 | 1,246 | |||
Banco de Sabadell, SA 5.25% 2/7/2029 (1-year EUR Mid-Swap + 2.40% on 2/7/2028)5 | 7,124 | |||
Banco do Brasil SA 4.625% 1/15/2025 | 6,174 | |||
Banco Santander, SA 5.147% 8/18/2025 | 8,015 | |||
Bangkok Bank Public Co., Ltd. 3.733% 9/25/2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029)5 | 7,741 | |||
Bank of America Corp. 1.319% 6/19/2026 (USD-SOFR + 1.15% on 6/19/2025)5 | 9,280 | |||
Bank of America Corp. 4.083% 3/20/2051 (3-month USD CME Term SOFR + 3.412% on 3/20/2050)5 | 4,594 | |||
Banque Federative du Credit Mutuel 3.875% 6/16/2032 (5-year EUR Mid-Swap + 2.20% on 6/16/2027)5 | 870 | |||
BBVA Bancomer SA 8.45% 6/29/2038 (5-year UST Yield Curve Rate T Note Constant Maturity + 4.661% on 6/29/2033)5 | 24,155 | |||
BPCE SA 1.625% 1/14/20254 | 1,480 | |||
BPCE SA 4.50% 1/13/2033 | 9,578 | |||
CaixaBank, SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028)4,5 | 6,903 | |||
Chubb INA Holdings, LLC 3.35% 5/3/2026 | 634 | |||
Chubb INA Holdings, LLC 4.35% 11/3/2045 | 582 | |||
Citigroup, Inc. 3.106% 4/8/2026 (USD-SOFR + 2.842% on 3/8/2026)5 | 10,387 | |||
Citigroup, Inc. 4.542% 9/19/2030 (USD-SOFR + 1.338% on 9/19/2029)5 | 980 | |||
Citigroup, Inc. 2.976% 11/5/2030 (USD-SOFR + 1.422% on 11/5/2029)5 | 1,395 | |||
Citizens Financial Group, Inc. 5.841% 1/23/2030 (USD-SOFR + 2.01% on 1/23/2029)5 | 10,440 | |||
Corebridge Financial, Inc. 3.90% 4/5/2032 | 4,839 | |||
Deutsche Bank AG 2.129% 11/24/2026 (USD-SOFR + 1.87% on 11/24/2025)5 | 218 | |||
Deutsche Bank AG 2.311% 11/16/2027 (USD-SOFR + 1.219% on 11/16/2026)5 | 9,719 |
6 | American Funds Global Balanced Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Financials (continued) | ||||
Deutsche Bank AG 1.75% 11/19/2030 (3-month EUR-EURIBOR + 2.05% on 11/19/2029)5 | EUR14,000 | $13,828 | ||
DNB Bank ASA 4.00% 8/17/2027 (1-year GBP-Gilt + 2.15% on 8/17/2026)5 | GBP4,310 | 5,442 | ||
Goldman Sachs Group, Inc. 3.50% 4/1/2025 | USD5,126 | 5,097 | ||
Goldman Sachs Group, Inc. 1.542% 9/10/2027 (USD-SOFR + 0.818% on 9/10/2026)5 | 1,400 | 1,319 | ||
Goldman Sachs Group, Inc. 2.64% 2/24/2028 (USD-SOFR + 1.114% on 2/24/2027)5 | 460 | 438 | ||
HSBC Holdings PLC 4.292% 9/12/2026 (3-month USD CME Term SOFR + 1.609% on 9/12/2025)5 | 9,368 | 9,305 | ||
HSBC Holdings PLC 7.39% 11/03/2028 (USD-SOFR + 7.39% on 11/3/2027)5 | 21,055 | 22,435 | ||
HSBC Holdings PLC 4.583% 6/19/2029 (3-month USD CME Term SOFR + 1.796% on 6/19/2028)5 | 2,600 | 2,557 | ||
HSBC Holdings PLC 2.206% 8/17/2029 (USD-SOFR + 1.285% on 8/17/2028)5 | 1,073 | 967 | ||
HSBC Holdings PLC 4.95% 3/31/2030 | 1,200 | 1,201 | ||
HSBC Holdings PLC 7.399% 11/13/2034 (USD-SOFR + 3.02% on 11/13/2033)5 | 20,143 | 22,486 | ||
ING Groep NV 5.25% 11/14/2033 (3-month EUR-EURIBOR + 2.15% on 11/14/2032)5 | EUR6,400 | 7,751 | ||
Intercontinental Exchange, Inc. 4.00% 9/15/2027 | USD14,230 | 14,030 | ||
JPMorgan Chase & Co. 1.04% 2/4/2027 (USD-SOFR + 0.695% on 2/4/2026)5 | 529 | 504 | ||
JPMorgan Chase & Co. 5.012% 1/23/2030 (USD-SOFR + 1.31% on 1/23/2029)5 | 7,080 | 7,110 | ||
JPMorgan Chase & Co. 4.493% 3/24/2031 (USD-SOFR + 3.79% on 3/24/2030)5 | 9,240 | 9,054 | ||
KfW 1.125% 7/4/2025 | GBP8,400 | 10,574 | ||
Lloyds Bank PLC 7.625% 4/22/2025 | 1,225 | 1,596 | ||
Lloyds Banking Group PLC 1.627% 5/11/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on 5/11/2026)5 | USD800 | 761 | ||
Lloyds Banking Group PLC 3.875% 5/14/2032 (1-year EUR-ICE Swap EURIBOR + 1.18% on 5/14/2031)5 | EUR1,472 | 1,619 | ||
Mastercard, Inc. 2.00% 11/18/2031 | USD8,291 | 6,991 | ||
Mizuho Financial Group, Inc. 5.778% 7/6/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.65% on 7/6/2028)5 | 7,610 | 7,827 | ||
Morgan Stanley 0.985% 12/10/2026 (USD-SOFR + 0.72% on 12/10/2025)5 | 9,110 | 8,727 | ||
Morgan Stanley 1.593% 5/4/2027 (USD-SOFR + 0.879% on 5/4/2026)5 | 8,173 | 7,794 | ||
Morgan Stanley 5.042% 7/19/2030 (USD-SOFR + 1.215% on 7/19/2029)5 | 7,700 | 7,726 | ||
Morgan Stanley 2.699% 1/22/2031 (USD-SOFR + 1.143% on 1/22/2030)5 | 2,586 | 2,314 | ||
Morgan Stanley 1.794% 2/13/2032 (USD-SOFR + 1.034% on 2/13/2031)5 | 949 | 782 | ||
Morgan Stanley 2.95% 5/7/2032 (3-month EUR-EURIBOR + 1.245% on 5/7/2031)5 | EUR11,860 | 12,431 | ||
Morgan Stanley 5.32% 7/19/2035 (USD-SOFR + 1.555% on 7/19/2034)5 | USD6,790 | 6,818 | ||
NatWest Group PLC 0.78% 2/26/2030 (3-month EUR-EURIBOR + 0.949% on 2/26/2029)5 | EUR8,730 | 8,515 | ||
NatWest Group PLC 1.043% 9/14/2032 (5-year EUR Mid-Swap + 1.27% on 9/14/2027)5 | 700 | 708 | ||
New York Life Global Funding 1.20% 8/7/20304 | USD6,520 | 5,377 | ||
New York Life Global Funding 5.00% 1/9/20344 | 780 | 781 | ||
New York Life Insurance Co. 3.75% 5/15/20504 | 1,261 | 961 | ||
PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033)5 | 4,805 | 5,342 | ||
PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034)5 | 1,375 | 1,413 | ||
PT Bank Negara Indonesia (Persero) Tbk 5.28% 4/5/2029 | 19,640 | 19,772 | ||
Royal Bank of Canada 1.20% 4/27/2026 | 10,600 | 10,096 | ||
Santander Holdings USA, Inc. 3.244% 10/5/2026 | 7,400 | 7,153 | ||
Swiss Re Finance (Luxembourg) SA 5.00% 4/2/2049 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.582% on 4/2/2029)4,5 | 1,000 | 998 | ||
Wells Fargo & Co. 3.908% 4/25/2026 (USD-SOFR + 1.32% on 4/25/2025)5 | 1,081 | 1,075 | ||
Wells Fargo & Co. 2.393% 6/2/2028 (USD-SOFR + 2.10% on 6/2/2027)5 | 14,700 | 13,828 | ||
Wells Fargo & Co. 4.808% 7/25/2028 (USD-SOFR + 1.98% on 7/25/2027)5 | 7,010 | 7,004 | ||
Wells Fargo & Co. 4.611% 4/25/2053 (USD-SOFR + 2.13% on 4/25/2052)5 | 700 | 617 | ||
Westpac Banking Corp. 2.894% 2/4/2030 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.35% on 2/4/2025)5 | 18,960 | 18,818 | ||
465,230 | ||||
Energy 1.09% | ||||
Cenovus Energy, Inc. 5.40% 6/15/2047 | 523 | 486 | ||
ConocoPhillips Co. 5.30% 5/15/2053 | 314 | 303 | ||
Ecopetrol SA 4.125% 1/16/2025 | 8,049 | 8,013 | ||
Ecopetrol SA 8.625% 1/19/2029 | 32,673 | 34,704 | ||
Ecopetrol SA 6.875% 4/29/2030 | 10,520 | 10,258 | ||
Empresa Nacional del Petroleo 5.95% 7/30/20344 | 5,855 | 5,915 | ||
Enterprise Products Operating, LLC 4.95% 2/15/2035 | 1,650 | 1,624 |
American Funds Global Balanced Fund | 7 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Energy (continued) | ||||
GreenSaif Pipelines Bidco SARL 5.853% 2/23/20364 | USD14,895 | $14,934 | ||
Kinder Morgan, Inc. 4.30% 6/1/2025 | 10,300 | 10,265 | ||
Oleoducto Central SA 4.00% 7/14/2027 | 1,923 | 1,827 | ||
ONEOK, Inc. 2.20% 9/15/2025 | 535 | 523 | ||
ONEOK, Inc. 3.10% 3/15/2030 | 3,835 | 3,493 | ||
Petrobras Global Finance BV 5.299% 1/27/2025 | 7,744 | 7,727 | ||
Petroleos Mexicanos 4.25% 1/15/2025 | 20,038 | 19,939 | ||
Petroleos Mexicanos 6.875% 10/16/2025 | 4,057 | 4,070 | ||
Petroleos Mexicanos 6.875% 8/4/2026 | 13,674 | 13,680 | ||
Petroleos Mexicanos 6.49% 1/23/2027 | 77,276 | 76,221 | ||
Petroleos Mexicanos 6.84% 1/23/2030 | 30,140 | 27,851 | ||
Qatar Energy 1.375% 9/12/20264 | 680 | 641 | ||
Qatar Energy 3.125% 7/12/20414 | 19,795 | 15,047 | ||
Raizen Fuels Finance SA 6.45% 3/5/20344 | 8,145 | 8,314 | ||
Raizen Fuels Finance SA 6.95% 3/5/20544 | 1,040 | 1,054 | ||
Saudi Arabian Oil Co. 5.25% 7/17/20344 | 9,230 | 9,248 | ||
Saudi Arabian Oil Co. 5.75% 7/17/20544 | 3,955 | 3,823 | ||
Shell Finance US, Inc. 2.375% 11/7/2029 | 2,060 | 1,857 | ||
Targa Resources Corp. 5.50% 2/15/2035 | 1,618 | 1,615 | ||
TotalEnergies Capital SA 5.488% 4/5/2054 | 5,540 | 5,509 | ||
Williams Companies, Inc. 3.90% 1/15/2025 | 945 | 943 | ||
289,884 | ||||
Utilities 0.72% | ||||
Alfa Desarrollo SpA 4.55% 9/27/2051 | 2,920 | 2,197 | ||
American Electric Power Co., Inc. 1.00% 11/1/2025 | 500 | 482 | ||
Berkshire Hathaway Energy Co. 3.50% 2/1/2025 | 4,200 | 4,182 | ||
Berkshire Hathaway Energy Co. 2.85% 5/15/2051 | 1,142 | 732 | ||
Buffalo Energy Mexico Holdings 7.875% 2/15/20394 | 7,930 | 8,181 | ||
CMS Energy Corp. 3.60% 11/15/2025 | 2,000 | 1,968 | ||
CMS Energy Corp. 3.00% 5/15/2026 | 1,420 | 1,379 | ||
Consumers Energy Co. 3.60% 8/15/2032 | 11,990 | 11,051 | ||
Dominion Energy, Inc. 2.25% 8/15/2031 | 250 | 211 | ||
Duke Energy Corp. 3.75% 4/1/2031 | EUR6,870 | 7,501 | ||
E.ON SE 1.625% 3/29/2031 | 13,370 | 13,250 | ||
Edison International 4.125% 3/15/2028 | USD5,600 | 5,471 | ||
Electricité de France SA 2.875% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 3.373% on 3/15/2027)5 | EUR800 | 846 | ||
Electricité de France SA 7.50% perpetual bonds (5-year EUR Mid-Swap + 4.86% on 12/6/2028)5 | 2,200 | 2,628 | ||
Enel Américas SA 4.00% 10/25/2026 | USD1,215 | 1,192 | ||
Enel Finance International NV 2.125% 7/12/20284 | 9,491 | 8,615 | ||
Enfragen Energia Sur SA 5.375% 12/30/2030 | 8,651 | 7,488 | ||
Entergy Louisiana, LLC 5.15% 9/15/2034 | 3,800 | 3,787 | ||
Eversource Energy 1.40% 8/15/2026 | 425 | 401 | ||
Exelon Corp. 3.40% 4/15/2026 | 4,390 | 4,309 | ||
FirstEnergy Corp. 1.60% 1/15/2026 | 400 | 385 | ||
Grupo Energia Bogota SA ESP 4.875% 5/15/20304 | 3,590 | 3,465 | ||
Interstate Power and Light Co. 2.30% 6/1/2030 | 2,650 | 2,320 | ||
NextEra Energy Operating Partners, LP 7.25% 1/15/20294 | 39,450 | 40,614 | ||
Pacific Gas and Electric Co. 3.15% 1/1/2026 | 400 | 391 | ||
Pacific Gas and Electric Co. 3.30% 3/15/2027 | 6,426 | 6,196 | ||
Pacific Gas and Electric Co. 2.10% 8/1/2027 | 305 | 284 | ||
Pacific Gas and Electric Co. 3.30% 12/1/2027 | 1,000 | 954 | ||
Pacific Gas and Electric Co. 4.65% 8/1/2028 | 11,049 | 10,946 | ||
Pacific Gas and Electric Co. 4.55% 7/1/2030 | 6,637 | 6,447 | ||
Pacific Gas and Electric Co. 6.15% 1/15/2033 | 5,278 | 5,526 | ||
Pacific Gas and Electric Co. 4.95% 7/1/2050 | 1,378 | 1,210 | ||
Pacific Gas and Electric Co. 3.50% 8/1/2050 | 7,757 | 5,420 | ||
Pacific Gas and Electric Co. 6.75% 1/15/2053 | 5,922 | 6,484 | ||
PacifiCorp 5.30% 2/15/2031 | 60 | 61 | ||
PacifiCorp 5.45% 2/15/2034 | 150 | 151 | ||
PacifiCorp 5.50% 5/15/2054 | 100 | 96 | ||
PacifiCorp 5.80% 1/15/2055 | 200 | 200 | ||
Public Service Company of Colorado 5.75% 5/15/2054 | 5,460 | 5,693 | ||
San Diego Gas & Electric Co. 2.95% 8/15/2051 | 400 | 268 |
8 | American Funds Global Balanced Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Utilities (continued) | ||||
Southern California Edison Co. 2.85% 8/1/2029 | $484 | |||
Tierra Mojada Luxembourg II SARL 5.75% 12/1/2040 | 3,402 | |||
Xcel Energy, Inc. 3.35% 12/1/2026 | 4,769 | |||
191,637 | ||||
Communication services 0.67% | ||||
América Móvil, SAB de CV 10.125% 1/22/2029 | 31,782 | |||
América Móvil, SAB de CV 9.50% 1/27/2031 | 42,347 | |||
AT&T, Inc. 2.30% 6/1/2027 | 945 | |||
AT&T, Inc. 2.75% 6/1/2031 | 2,219 | |||
AT&T, Inc. 2.05% 5/19/2032 | 3,412 | |||
AT&T, Inc. 2.55% 12/1/2033 | 7,242 | |||
AT&T, Inc. 4.30% 11/18/2034 | 1,622 | |||
AT&T, Inc. 3.50% 9/15/2053 | 455 | |||
Charter Communications Operating, LLC 5.25% 4/1/2053 | 481 | |||
Comcast Corp. 3.95% 10/15/2025 | 7,653 | |||
Comcast Corp. 0% 9/14/2026 | 5,057 | |||
Comcast Corp. 0.25% 5/20/2027 | 3,633 | |||
Comcast Corp. 0.25% 9/14/2029 | 4,936 | |||
Comcast Corp. 4.80% 5/15/2033 | 1,384 | |||
Deutsche Telekom International Finance BV 9.25% 6/1/2032 | 1,896 | |||
Orange 3.625% 11/16/2031 | 5,592 | |||
Orange 5.375% 11/22/2050 | 2,481 | |||
Tencent Holdings, Ltd. 2.39% 6/3/20304 | 10,580 | |||
Tencent Holdings, Ltd. 3.24% 6/3/20504 | 4,269 | |||
T-Mobile USA, Inc. 1.50% 2/15/2026 | 3,746 | |||
T-Mobile USA, Inc. 2.05% 2/15/2028 | 2,298 | |||
T-Mobile USA, Inc. 2.55% 2/15/2031 | 3,393 | |||
T-Mobile USA, Inc. 3.70% 5/8/2032 | 2,870 | |||
T-Mobile USA, Inc. 5.15% 4/15/2034 | 7,918 | |||
T-Mobile USA, Inc. 3.00% 2/15/2041 | 367 | |||
Verizon Communications, Inc. 0.375% 3/22/2029 | 9,482 | |||
Verizon Communications, Inc. 0.75% 3/22/2032 | 4,051 | |||
Verizon Communications, Inc. 4.78% 2/15/20354 | 5,020 | |||
177,131 | ||||
Health care 0.49% | ||||
Abbott Laboratories 3.75% 11/30/2026 | 1,121 | |||
AbbVie, Inc. 3.80% 3/15/2025 | 4,981 | |||
AbbVie, Inc. 3.20% 5/14/2026 | 2,944 | |||
AbbVie, Inc. 5.05% 3/15/2034 | 252 | |||
AbbVie, Inc. 5.35% 3/15/2044 | 25 | |||
AbbVie, Inc. 5.40% 3/15/2054 | 655 | |||
AbbVie, Inc. 5.50% 3/15/2064 | 76 | |||
Amgen, Inc. 5.25% 3/2/2030 | 410 | |||
Amgen, Inc. 4.20% 3/1/2033 | 1,341 | |||
Amgen, Inc. 5.25% 3/2/2033 | 11,862 | |||
Amgen, Inc. 5.65% 3/2/2053 | 20,134 | |||
Astrazeneca Finance, LLC 2.25% 5/28/2031 | 4,105 | |||
Becton, Dickinson and Co. 3.734% 12/15/2024 | 321 | |||
Becton, Dickinson and Co. 3.70% 6/6/2027 | 1,846 | |||
Becton, Dickinson and Co. 4.298% 8/22/2032 | 11,767 | |||
Bristol-Myers Squibb Co. 5.20% 2/22/2034 | 15,045 | |||
Bristol-Myers Squibb Co. 5.55% 2/22/2054 | 3,745 | |||
Bristol-Myers Squibb Co. 5.65% 2/22/2064 | 5,263 | |||
CVS Health Corp. 5.40% 6/1/2029 | 8,687 | |||
EMD Finance, LLC 3.25% 3/19/20254 | 9,612 | |||
GE HealthCare Technologies, Inc. 4.80% 8/14/2029 | 2,172 | |||
Pfizer Investment Enterprises Pte., Ltd. 4.75% 5/19/2033 | 8,839 | |||
Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053 | 1,324 | |||
Regeneron Pharmaceuticals, Inc. 1.75% 9/15/2030 | 2,943 | |||
Shire Acquisitions Investments Ireland DAC 3.20% 9/23/2026 | 21 | |||
Stryker Corp. 0.25% 12/3/2024 | 1,302 | |||
Stryker Corp. 0.75% 3/1/2029 | 2,414 |
American Funds Global Balanced Fund | 9 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Health care (continued) | ||||
Stryker Corp. 1.00% 12/3/2031 | EUR1,130 | $1,056 | ||
Takeda Pharmaceutical Co., Ltd. 0.75% 7/9/2027 | 1,984 | 2,040 | ||
UnitedHealth Group, Inc. 5.625% 7/15/2054 | USD3,800 | 3,868 | ||
130,171 | ||||
Consumer discretionary 0.44% | ||||
Amazon.com, Inc. 2.50% 6/3/2050 | 4,165 | 2,597 | ||
BMW US Capital, LLC 3.90% 4/9/20254 | 2,780 | 2,768 | ||
BMW US Capital, LLC 1.25% 8/12/20264 | 325 | 307 | ||
Daimler Truck International Finance BV 3.875% 6/19/2029 | EUR5,200 | 5,823 | ||
Daimler Trucks Finance North America, LLC 3.65% 4/7/20274 | USD5,900 | 5,741 | ||
Daimler Trucks Finance North America, LLC 5.375% 1/18/20344 | 1,787 | 1,804 | ||
Ford Motor Credit Co., LLC 5.303% 9/6/2029 | 5,840 | 5,719 | ||
General Motors Financial Co., Inc. 2.40% 4/10/2028 | 9,800 | 8,985 | ||
General Motors Financial Co., Inc. 4.90% 10/6/2029 | 6,000 | 5,919 | ||
Hyundai Capital America 1.50% 6/15/20264 | 4,850 | 4,599 | ||
Hyundai Capital America 1.65% 9/17/20264 | 275 | 259 | ||
Hyundai Capital America 2.375% 10/15/20274 | 4,619 | 4,305 | ||
Hyundai Capital America 2.00% 6/15/20284 | 3,275 | 2,950 | ||
McDonalds Corp. 1.60% 3/15/20316 | EUR5,100 | 5,010 | ||
Royal Caribbean Cruises, Ltd. 5.50% 4/1/20284 | USD11,135 | 11,141 | ||
Sands China, Ltd. 5.40% 8/8/2028 | 29,498 | 29,350 | ||
Sands China, Ltd. 2.85% 3/8/2029 | 3,000 | 2,692 | ||
Stellantis Finance US, Inc. 5.625% 1/12/20284 | 10,380 | 10,474 | ||
Toyota Motor Credit Corp. 1.90% 1/13/2027 | 703 | 666 | ||
Volkswagen Financial Services NV 0.875% 2/20/2025 | GBP1,000 | 1,272 | ||
Volkswagen Group of America Finance, LLC 4.625% 11/13/20254 | USD5,445 | 5,428 | ||
117,809 | ||||
Consumer staples 0.41% | ||||
Altria Group, Inc. 1.70% 6/15/2025 | EUR12,300 | 13,270 | ||
Altria Group, Inc. 2.20% 6/15/2027 | 6,300 | 6,722 | ||
BAT Capital Corp. 3.215% 9/6/2026 | USD2,181 | 2,121 | ||
BAT Capital Corp. 4.70% 4/2/2027 | 4,193 | 4,189 | ||
BAT Capital Corp. 3.557% 8/15/2027 | 2,610 | 2,532 | ||
BAT Capital Corp. 3.462% 9/6/2029 | 2,625 | 2,455 | ||
British American Tobacco PLC 3.00% subordinated perpetual bonds (5-year EUR Mid-Swap + 3.372% on 12/27/2026)5 | EUR42,610 | 45,390 | ||
Campbell Soup Co. 4.75% 3/23/2035 | USD7,085 | 6,813 | ||
Coca-Cola Co. 1.25% 3/8/2031 | EUR5,900 | 5,781 | ||
Coca-Cola Co. 4.65% 8/14/2034 | USD4,037 | 3,977 | ||
Coca-Cola Co. 3.75% 8/15/2053 | EUR1,855 | 2,015 | ||
Conagra Brands, Inc. 1.375% 11/1/2027 | USD355 | 321 | ||
Philip Morris International, Inc. 2.10% 5/1/2030 | 2,078 | 1,806 | ||
Philip Morris International, Inc. 5.75% 11/17/2032 | 6,883 | 7,171 | ||
Philip Morris International, Inc. 4.125% 3/4/2043 | 819 | 685 | ||
Philip Morris International, Inc. 4.875% 11/15/2043 | 1,081 | 999 | ||
Reynolds American, Inc. 4.45% 6/12/2025 | 4,190 | 4,176 | ||
110,423 | ||||
Materials 0.31% | ||||
Anglo American Capital PLC 5.375% 4/1/20254 | 9,050 | 9,060 | ||
Braskem Netherlands Finance BV 4.50% 1/31/2030 | 8,341 | 7,257 | ||
Braskem Netherlands Finance BV 8.50% 1/12/2031 | 39,311 | 40,737 | ||
Celanese US Holdings, LLC 6.379% 7/15/2032 | 2,860 | 2,970 | ||
First Quantum Minerals, Ltd. 9.375% 3/1/20294 | 17,025 | 18,121 | ||
POSCO Holdings, Inc. 4.875% 1/23/20274 | 2,110 | 2,110 | ||
Vale Overseas, Ltd. 3.75% 7/8/2030 | 3,478 | 3,242 | ||
83,497 | ||||
Industrials 0.31% | ||||
Aeropuerto Internacional de Tocumen, SA 5.125% 8/11/20614 | 3,390 | 2,563 | ||
Boeing Company (The) 3.25% 2/1/2028 | 650 | 611 | ||
Boeing Company (The) 6.528% 5/1/20344 | 39,400 | 41,558 | ||
Canadian Pacific Railway Co. 3.10% 12/2/2051 | 13,661 | 9,260 | ||
Carrier Global Corp. 2.242% 2/15/2025 | 210 | 208 | ||
Carrier Global Corp. 2.493% 2/15/2027 | 277 | 265 |
10 | American Funds Global Balanced Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Industrials (continued) | ||||
CSX Corp. 2.50% 5/15/2051 | USD275 | $167 | ||
Honeywell International, Inc. 0.75% 3/10/2032 | EUR1,060 | 965 | ||
Honeywell International, Inc. 3.75% 3/1/2036 | 3,795 | 4,158 | ||
MISC Capital Two (Labuan), Ltd. 3.75% 4/6/20274 | USD14,783 | 14,378 | ||
RTX Corp. 4.125% 11/16/2028 | 5,000 | 4,892 | ||
Sats Treasury Pte., Ltd. 4.828% 1/23/2029 | 2,360 | 2,352 | ||
Union Pacific Corp. 2.80% 2/14/2032 | 800 | 705 | ||
82,082 | ||||
Information technology 0.21% | ||||
Adobe, Inc. 2.15% 2/1/2027 | 3,585 | 3,417 | ||
Broadcom, Inc. 3.15% 11/15/2025 | 659 | 649 | ||
Broadcom, Inc. 4.00% 4/15/20294 | 3,915 | 3,779 | ||
Broadcom, Inc. 4.15% 11/15/2030 | 3,330 | 3,197 | ||
Broadcom, Inc. 3.419% 4/15/20334 | 6,531 | 5,756 | ||
Broadcom, Inc. 3.137% 11/15/20354 | 75 | 62 | ||
Lenovo Group, Ltd. 5.875% 4/24/2025 | 16,810 | 16,854 | ||
Microsoft Corp. 3.30% 2/6/2027 | 2,600 | 2,548 | ||
Oracle Corp. 2.65% 7/15/2026 | 5,224 | 5,055 | ||
Oracle Corp. 3.25% 11/15/2027 | 4,246 | 4,080 | ||
SK hynix, Inc. 1.50% 1/19/2026 | 12,210 | 11,705 | ||
57,102 | ||||
Real estate 0.09% | ||||
American Tower Corp. 0.45% 1/15/2027 | EUR7,635 | 7,844 | ||
COPT Defense Properties, LP 2.75% 4/15/2031 | USD180 | 154 | ||
Equinix Europe 2 Financing Corp., LLC 3.65% 9/3/2033 | EUR7,000 | 7,623 | ||
Equinix, Inc. 3.20% 11/18/2029 | USD650 | 601 | ||
Equinix, Inc. 2.15% 7/15/2030 | 5,662 | 4,889 | ||
Equinix, Inc. 3.00% 7/15/2050 | 1,738 | 1,142 | ||
VICI Properties, LP 4.375% 5/15/2025 | 561 | 559 | ||
22,812 | ||||
Total corporate bonds, notes & loans | 1,727,778 | |||
U.S. Treasury bonds & notes 6.01% | ||||
U.S. Treasury 5.86% | ||||
U.S. Treasury 2.125% 11/30/2024 | 83,100 | 82,918 | ||
U.S. Treasury 3.00% 7/15/2025 | 64,451 | 63,883 | ||
U.S. Treasury 4.875% 5/31/2026 | 116,855 | 118,017 | ||
U.S. Treasury 3.75% 8/31/2026 | 61,690 | 61,230 | ||
U.S. Treasury 4.50% 4/15/2027 | 77,457 | 78,123 | ||
U.S. Treasury 3.50% 1/31/2028 | 776 | 761 | ||
U.S. Treasury 4.00% 2/29/2028 | 2,481 | 2,471 | ||
U.S. Treasury 4.00% 6/30/2028 | 300,000 | 298,582 | ||
U.S. Treasury 4.375% 8/31/2028 | 94,464 | 95,180 | ||
U.S. Treasury 4.625% 9/30/2028 | 125,500 | 127,598 | ||
U.S. Treasury 4.00% 1/31/2029 | 3,231 | 3,212 | ||
U.S. Treasury 4.125% 3/31/2029 | 54,850 | 54,781 | ||
U.S. Treasury 4.625% 4/30/2029 | 36,880 | 37,592 | ||
U.S. Treasury 3.625% 8/31/2029 | 25,480 | 24,912 | ||
U.S. Treasury 3.50% 9/30/2029 | 50,010 | 48,586 | ||
U.S. Treasury 0.625% 8/15/2030 | 22,050 | 18,041 | ||
U.S. Treasury 1.25% 8/15/2031 | 9,980 | 8,243 | ||
U.S. Treasury 1.375% 11/15/20317 | 52,150 | 43,148 | ||
U.S. Treasury 1.875% 2/15/2032 | 16,986 | 14,483 | ||
U.S. Treasury 2.875% 5/15/2032 | 35,790 | 32,651 | ||
U.S. Treasury 2.75% 8/15/20327 | 27,441 | 24,736 | ||
U.S. Treasury 4.125% 11/15/2032 | 20,877 | 20,724 | ||
U.S. Treasury 3.875% 8/15/20337 | 27,488 | 26,702 | ||
U.S. Treasury 4.50% 11/15/2033 | 3,714 | 3,777 | ||
U.S. Treasury 4.375% 5/15/20347 | 33,139 | 33,387 | ||
U.S. Treasury 3.875% 8/15/2034 | 184 | 178 | ||
U.S. Treasury 1.875% 2/15/2041 | 19,164 | 13,312 | ||
U.S. Treasury 2.25% 5/15/20417 | 21,450 | 15,769 | ||
U.S. Treasury 3.25% 5/15/2042 | 8,565 | 7,211 | ||
U.S. Treasury 3.375% 8/15/20427 | 60,000 | 51,300 | ||
U.S. Treasury 3.875% 5/15/2043 | 10,690 | 9,753 |
American Funds Global Balanced Fund | 11 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
U.S. Treasury bonds & notes (continued) | ||||
U.S. Treasury (continued) | ||||
U.S. Treasury 4.75% 11/15/2043 | USD8,091 | $8,284 | ||
U.S. Treasury 4.625% 5/15/2044 | 571 | 574 | ||
U.S. Treasury 2.875% 11/15/2046 | 1,750 | 1,326 | ||
U.S. Treasury 2.25% 2/15/2052 | 18,500 | 11,878 | ||
U.S. Treasury 3.00% 8/15/20527 | 108,415 | 82,235 | ||
U.S. Treasury 4.00% 11/15/2052 | 6,851 | 6,294 | ||
U.S. Treasury 3.625% 5/15/2053 | 7,944 | 6,824 | ||
U.S. Treasury 4.75% 11/15/2053 | 2,743 | 2,859 | ||
U.S. Treasury 4.625% 5/15/2054 | 8,523 | 8,722 | ||
U.S. Treasury 4.25% 8/15/2054 | 10,920 | 10,505 | ||
1,560,762 | ||||
U.S. Treasury inflation-protected securities 0.15% | ||||
U.S. Treasury Inflation-Protected Security 0.375% 7/15/20273 | 24,265 | 23,443 | ||
U.S. Treasury Inflation-Protected Security 2.375% 10/15/20283 | 3,939 | 4,035 | ||
U.S. Treasury Inflation-Protected Security 0.125% 2/15/20513,7 | 18,547 | 10,988 | ||
38,466 | ||||
Total U.S. Treasury bonds & notes | 1,599,228 | |||
Mortgage-backed obligations 5.69% | ||||
Federal agency mortgage-backed obligations 4.89% | ||||
Fannie Mae Pool #MA3539 4.50% 12/1/20388 | 86 | 85 | ||
Fannie Mae Pool #MA4577 2.00% 4/1/20528 | 10,463 | 8,325 | ||
Fannie Mae Pool #FS9189 2.00% 5/1/20528 | 1,555 | 1,240 | ||
Fannie Mae Pool #FS3056 2.00% 10/1/20528 | 4,288 | 3,404 | ||
Fannie Mae Pool #CB4852 4.50% 10/1/20528 | 25,948 | 24,682 | ||
Fannie Mae Pool #MA4785 5.00% 10/1/20528 | 83 | 81 | ||
Fannie Mae Pool #FS5520 4.50% 1/1/20538 | 1,898 | 1,803 | ||
Fannie Mae Pool #MA4919 5.50% 2/1/20538 | 284 | 282 | ||
Fannie Mae Pool #FS4191 5.50% 3/1/20538 | 3,278 | 3,271 | ||
Fannie Mae Pool #CB5912 6.00% 3/1/20538 | 5,277 | 5,318 | ||
Fannie Mae Pool #MA4978 5.00% 4/1/20538 | 15,192 | 14,782 | ||
Fannie Mae Pool #MA5009 5.00% 5/1/20538 | 41,772 | 40,642 | ||
Fannie Mae Pool #FS4840 5.50% 5/1/20538 | 176 | 175 | ||
Fannie Mae Pool #MA5010 5.50% 5/1/20538 | 49 | 48 | ||
Fannie Mae Pool #MA5038 5.00% 6/1/20538 | 365 | 355 | ||
Fannie Mae Pool #BY3612 5.50% 6/1/20538 | 300 | 298 | ||
Fannie Mae Pool #MA5039 5.50% 6/1/20538 | 175 | 173 | ||
Fannie Mae Pool #MA5071 5.00% 7/1/20538 | 4,829 | 4,697 | ||
Fannie Mae Pool #MA5072 5.50% 7/1/20538 | 656 | 651 | ||
Fannie Mae Pool #FS6666 5.50% 8/1/20538 | 13,655 | 13,553 | ||
Fannie Mae Pool #CB7104 5.50% 9/1/20538 | 23,363 | 23,311 | ||
Fannie Mae Pool #CB7108 5.50% 9/1/20538 | 6,738 | 6,685 | ||
Fannie Mae Pool #MA5139 6.00% 9/1/20538 | 3,504 | 3,528 | ||
Fannie Mae Pool #CB7331 5.50% 10/1/20538 | 35,016 | 34,768 | ||
Fannie Mae Pool #CB7332 5.50% 10/1/20538 | 12,402 | 12,308 | ||
Fannie Mae Pool #MA5166 6.00% 10/1/20538 | 14,059 | 14,156 | ||
Fannie Mae Pool #MA5191 6.00% 11/1/20538 | 16,598 | 16,720 | ||
Fannie Mae Pool #FS6767 6.50% 1/1/20548 | 2,323 | 2,391 | ||
Fannie Mae Pool #MA5270 5.00% 2/1/20548 | 2,339 | 2,274 | ||
Fannie Mae Pool #MA5271 5.50% 2/1/20548 | 1,449 | 1,436 | ||
Fannie Mae Pool #FS7031 6.00% 2/1/20548 | 3,789 | 3,817 | ||
Fannie Mae Pool #FS7503 6.00% 2/1/20548 | 2,202 | 2,217 | ||
Fannie Mae Pool #MA5296 5.50% 3/1/20548 | 1,048 | 1,039 | ||
Fannie Mae Pool #MA5295 6.00% 3/1/20548 | 1,072 | 1,079 | ||
Fannie Mae Pool #CB8337 5.50% 4/1/20548 | 9,560 | 9,497 | ||
Fannie Mae Pool #MA5329 6.50% 4/1/20548 | 719 | 735 | ||
Fannie Mae Pool #CB8536 5.50% 5/1/20548 | 1,648 | 1,644 | ||
Fannie Mae Pool #FS8131 5.50% 6/1/20548 | 6,835 | 6,806 | ||
Fannie Mae Pool #DB6878 6.00% 6/1/20548 | 7,826 | 7,879 | ||
Fannie Mae Pool #FS8153 6.00% 6/1/20548 | 5,450 | 5,534 | ||
Fannie Mae Pool #CB8755 6.00% 6/1/20548 | 1,773 | 1,796 | ||
Fannie Mae Pool #FS8223 6.00% 6/1/20548 | 1,649 | 1,665 | ||
Fannie Mae Pool #FS8219 6.00% 6/1/20548 | 1,410 | 1,431 | ||
Fannie Mae Pool #CB8725 6.50% 6/1/20548 | 761 | 784 | ||
Fannie Mae Pool #FS8467 5.50% 7/1/20548 | 12,103 | 12,047 | ||
Fannie Mae Pool #CB8842 5.50% 7/1/20548 | 10,319 | 10,257 |
12 | American Funds Global Balanced Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Mortgage-backed obligations (continued) | ||||
Federal agency mortgage-backed obligations (continued) | ||||
Fannie Mae Pool #BU4699 5.50% 7/1/20548 | USD4,279 | $4,253 | ||
Fannie Mae Pool #CB8838 5.50% 7/1/20548 | 1,462 | 1,456 | ||
Fannie Mae Pool #DB5213 5.50% 7/1/20548 | 1,101 | 1,091 | ||
Fannie Mae Pool #MA5421 6.00% 7/1/20548 | 11,279 | 11,355 | ||
Fannie Mae Pool #BU4700 6.00% 7/1/20548 | 7,608 | 7,706 | ||
Fannie Mae Pool #CB8858 6.00% 7/1/20548 | 5,033 | 5,098 | ||
Fannie Mae Pool #DB6901 6.00% 7/1/20548 | 4,948 | 4,981 | ||
Fannie Mae Pool #CB8855 6.00% 7/1/20548 | 4,086 | 4,145 | ||
Fannie Mae Pool #FS8318 6.00% 7/1/20548 | 3,609 | 3,656 | ||
Fannie Mae Pool #FS8591 6.00% 7/1/20548 | 2,822 | 2,859 | ||
Fannie Mae Pool #DB7039 6.00% 7/1/20548 | 1,207 | 1,222 | ||
Fannie Mae Pool #CB8872 6.50% 7/1/20548 | 1,136 | 1,170 | ||
Fannie Mae Pool #DB7783 5.50% 8/1/20548 | 5,907 | 5,858 | ||
Fannie Mae Pool #MA5445 6.00% 8/1/20548 | 11,663 | 11,742 | ||
Fannie Mae Pool #DB7792 6.00% 8/1/20548 | 5,198 | 5,233 | ||
Fannie Mae Pool #FS8757 6.00% 8/1/20548 | 4,910 | 4,973 | ||
Fannie Mae Pool #FS8758 6.00% 8/1/20548 | 2,752 | 2,778 | ||
Fannie Mae Pool #BU4916 6.00% 8/1/20548 | 2,569 | 2,594 | ||
Fannie Mae Pool #FS8756 6.00% 8/1/20548 | 1,992 | 2,021 | ||
Fannie Mae Pool #DC0299 6.00% 8/1/20548 | 1,668 | 1,679 | ||
Fannie Mae Pool #BU4968 6.00% 8/1/20548 | 1,648 | 1,659 | ||
Fannie Mae Pool #DB7692 6.00% 8/1/20548 | 1,634 | 1,645 | ||
Fannie Mae Pool #DB7687 6.00% 8/1/20548 | 659 | 667 | ||
Fannie Mae Pool #DB7690 6.00% 8/1/20548 | 499 | 504 | ||
Fannie Mae Pool #DC0296 6.00% 8/1/20548 | 468 | 473 | ||
Fannie Mae Pool #CB9210 5.50% 9/1/20548 | 5,829 | 5,782 | ||
Fannie Mae Pool #CB9146 5.50% 9/1/20548 | 3,366 | 3,351 | ||
Fannie Mae Pool #BU4946 5.50% 9/1/20548 | 3,091 | 3,063 | ||
Fannie Mae Pool #FS8866 6.00% 9/1/20548 | 4,852 | 4,922 | ||
Fannie Mae Pool #CB9159 6.00% 9/1/20548 | 1,136 | 1,152 | ||
Fannie Mae Pool #CB9215 6.00% 9/1/20548 | 924 | 937 | ||
Fannie Mae Pool #DC1873 6.00% 9/1/20548 | 88 | 89 | ||
Fannie Mae Pool #MA5496 5.00% 10/1/20547,8 | 180,095 | 175,108 | ||
Fannie Mae Pool #CB9333 5.50% 10/1/20548 | 7,111 | 7,063 | ||
Freddie Mac Pool #RA6114 2.00% 2/1/20528 | 691 | 549 | ||
Freddie Mac Pool #SD8276 5.00% 12/1/20528 | 28,631 | 27,875 | ||
Freddie Mac Pool #SD8323 5.00% 5/1/20538 | 19,071 | 18,557 | ||
Freddie Mac Pool #SD8329 5.00% 6/1/20538 | 659 | 641 | ||
Freddie Mac Pool #SD8331 5.50% 6/1/20538 | 781 | 774 | ||
Freddie Mac Pool #SD8341 5.00% 7/1/20538 | 199 | 194 | ||
Freddie Mac Pool #SD8342 5.50% 7/1/20538 | 2,903 | 2,878 | ||
Freddie Mac Pool #QG7411 5.50% 7/1/20538 | 688 | 683 | ||
Freddie Mac Pool #SD3432 6.00% 7/1/20538 | 1,286 | 1,307 | ||
Freddie Mac Pool #QG9084 5.50% 8/1/20538 | 2,415 | 2,396 | ||
Freddie Mac Pool #QG9008 5.50% 8/1/20538 | 2,195 | 2,179 | ||
Freddie Mac Pool #QG9628 5.50% 8/1/20538 | 2,170 | 2,153 | ||
Freddie Mac Pool #QG9141 5.50% 8/1/20538 | 1,553 | 1,542 | ||
Freddie Mac Pool #SD3512 6.00% 8/1/20538 | 562 | 567 | ||
Freddie Mac Pool #SD8363 6.00% 9/1/20538 | 6,107 | 6,149 | ||
Freddie Mac Pool #SD8370 4.50% 11/1/20538 | 1,056 | 1,003 | ||
Freddie Mac Pool #SD4977 5.00% 11/1/20538 | 219,796 | 213,743 | ||
Freddie Mac Pool #SD4571 5.50% 11/1/20538 | 19,197 | 19,050 | ||
Freddie Mac Pool #RJ0326 6.50% 11/1/20538 | 776 | 797 | ||
Freddie Mac Pool #SD8381 4.50% 12/1/20538 | 1,155 | 1,097 | ||
Freddie Mac Pool #SD8393 4.50% 1/1/20548 | 246 | 233 | ||
Freddie Mac Pool #SD8401 5.50% 2/1/20548 | 2,679 | 2,656 | ||
Freddie Mac Pool #SD8402 6.00% 2/1/20548 | 18,822 | 18,952 | ||
Freddie Mac Pool #SD8408 5.50% 3/1/20548 | 16,863 | 16,713 | ||
Freddie Mac Pool #SD5303 6.00% 4/1/20548 | 3,610 | 3,658 | ||
Freddie Mac Pool #QI3333 6.00% 4/1/20548 | 734 | 741 | ||
Freddie Mac Pool #RJ1415 5.50% 5/1/20548 | 22,013 | 21,879 | ||
Freddie Mac Pool #RJ1413 5.50% 5/1/20548 | 12,930 | 12,896 | ||
Freddie Mac Pool #SD5692 6.00% 5/1/20548 | 989 | 1,002 | ||
Freddie Mac Pool #RJ1855 5.00% 6/1/20548 | 1,901 | 1,850 | ||
Freddie Mac Pool #RJ1857 5.50% 6/1/20548 | 20,371 | 20,250 | ||
Freddie Mac Pool #RJ1768 5.50% 6/1/20548 | 3,033 | 3,021 | ||
Freddie Mac Pool #RJ1779 6.00% 6/1/20548 | 5,696 | 5,778 |
American Funds Global Balanced Fund | 13 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Mortgage-backed obligations (continued) | ||||
Federal agency mortgage-backed obligations (continued) | ||||
Freddie Mac Pool #SD8440 6.50% 6/1/20548 | USD371 | $379 | ||
Freddie Mac Pool #RJ1960 5.50% 7/1/20548 | 3,386 | 3,369 | ||
Freddie Mac Pool #RJ1963 5.50% 7/1/20548 | 2,673 | 2,650 | ||
Freddie Mac Pool #QI8872 5.50% 7/1/20548 | 2,093 | 2,081 | ||
Freddie Mac Pool #SD8447 6.00% 7/1/20548 | 13,147 | 13,236 | ||
Freddie Mac Pool #RJ1973 6.00% 7/1/20548 | 7,655 | 7,761 | ||
Freddie Mac Pool #RJ1975 6.00% 7/1/20548 | 7,400 | 7,496 | ||
Freddie Mac Pool #SD5813 6.00% 7/1/20548 | 5,418 | 5,494 | ||
Freddie Mac Pool #RJ1964 6.00% 7/1/20548 | 3,724 | 3,797 | ||
Freddie Mac Pool #QI8874 6.00% 7/1/20548 | 3,063 | 3,100 | ||
Freddie Mac Pool #SD5873 6.00% 7/1/20548 | 2,140 | 2,161 | ||
Freddie Mac Pool #SD5896 6.00% 7/1/20548 | 1,393 | 1,407 | ||
Freddie Mac Pool #RJ2200 5.50% 8/1/20548 | 2,392 | 2,373 | ||
Freddie Mac Pool #SD6286 5.50% 8/1/20548 | 1,757 | 1,750 | ||
Freddie Mac Pool #RJ2206 5.50% 8/1/20548 | 1,629 | 1,618 | ||
Freddie Mac Pool #RJ2201 5.50% 8/1/20548 | 1,625 | 1,618 | ||
Freddie Mac Pool #RJ2243 5.50% 8/1/20548 | 1,367 | 1,359 | ||
Freddie Mac Pool #RJ2203 5.50% 8/1/20548 | 244 | 243 | ||
Freddie Mac Pool #SD8454 6.00% 8/1/20548 | 18,964 | 19,092 | ||
Freddie Mac Pool #RJ2211 6.00% 8/1/20548 | 10,232 | 10,380 | ||
Freddie Mac Pool #RJ2216 6.00% 8/1/20548 | 8,876 | 8,961 | ||
Freddie Mac Pool #RJ2213 6.00% 8/1/20548 | 7,050 | 7,152 | ||
Freddie Mac Pool #RJ2245 6.00% 8/1/20548 | 6,752 | 6,835 | ||
Freddie Mac Pool #SD6029 6.00% 8/1/20548 | 3,120 | 3,165 | ||
Freddie Mac Pool #RJ2210 6.00% 8/1/20548 | 2,960 | 2,983 | ||
Freddie Mac Pool #RJ2247 6.50% 8/1/20548 | 2,677 | 2,747 | ||
Freddie Mac Pool #RJ2228 6.50% 8/1/20548 | 1,646 | 1,685 | ||
Freddie Mac Pool #RJ2298 5.50% 9/1/20548 | 8,340 | 8,283 | ||
Freddie Mac Pool #QJ3044 5.50% 9/1/20548 | 6,020 | 5,966 | ||
Freddie Mac Pool #RJ2422 5.50% 9/1/20548 | 5,171 | 5,129 | ||
Freddie Mac Pool #RJ2415 5.50% 9/1/20548 | 2,147 | 2,141 | ||
Freddie Mac Pool #RJ2408 5.50% 9/1/20548 | 1,900 | 1,889 | ||
Freddie Mac Pool #RJ2314 6.00% 9/1/20548 | 10,589 | 10,719 | ||
Freddie Mac Pool #RJ2312 6.00% 9/1/20548 | 5,897 | 5,982 | ||
Freddie Mac Pool #RJ2308 6.00% 9/1/20548 | 5,611 | 5,683 | ||
Freddie Mac Pool #RJ2306 6.00% 9/1/20548 | 5,061 | 5,139 | ||
Freddie Mac Pool #RJ2309 6.00% 9/1/20548 | 3,438 | 3,471 | ||
Freddie Mac Pool #RJ2409 6.00% 9/1/20548 | 637 | 645 | ||
Freddie Mac Pool #SD6288 6.50% 9/1/20548 | 315 | 323 | ||
Freddie Mac Pool #RJ2474 6.50% 9/1/20548 | 287 | 293 | ||
Freddie Mac Pool #RJ2411 6.50% 9/1/20548 | 191 | 195 | ||
Freddie Mac Pool #RJ2470 6.50% 9/1/20548 | 106 | 108 | ||
Freddie Mac Pool #SD8471 6.50% 10/1/20548 | 74 | 75 | ||
Government National Mortgage Assn. Pool #MA8947 5.00% 6/20/20538 | 313 | 307 | ||
Government National Mortgage Assn. Pool #MA9170 5.00% 9/20/20538 | 47,477 | 46,442 | ||
Uniform Mortgage-Backed Security 2.00% 11/1/20548,9 | 5,240 | 4,154 | ||
Uniform Mortgage-Backed Security 4.50% 11/1/20548,9 | 36,212 | 34,382 | ||
Uniform Mortgage-Backed Security 5.00% 11/1/20548,9 | 20,228 | 19,657 | ||
Uniform Mortgage-Backed Security 5.50% 11/1/20548,9 | 368 | 365 | ||
Uniform Mortgage-Backed Security 6.50% 11/1/20548,9 | 1,441 | 1,471 | ||
1,303,428 | ||||
Collateralized mortgage-backed obligations (privately originated) 0.46% | ||||
Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/20344,8,10 | 7,581 | 7,444 | ||
Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M1, (30-day Average USD-SOFR + 2.30%) 7.157% 5/25/20434,8,10 | 9,788 | 10,007 | ||
Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M1, (30-day Average USD-SOFR + 1.90%) 6.757% 6/25/20434,8,10 | 5,882 | 5,947 | ||
Connecticut Avenue Securities Trust, Series 2023-R06, Class 1M1, (30-day Average USD-SOFR + 1.70%) 6.557% 7/25/20434,8,10 | 4,347 | 4,363 | ||
Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M2, (30-day Average USD-SOFR + 1.80%) 6.657% 1/25/20444,8,10 | 3,943 | 3,980 | ||
Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1, (30-day Average USD-SOFR + 1.10%) 5.957% 5/25/20444,8,10 | 6,670 | 6,674 | ||
Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M2, (30-day Average USD-SOFR + 1.65%) 6.507% 5/25/20444,8,10 | 8,122 | 8,173 |
14 | American Funds Global Balanced Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Mortgage-backed obligations (continued) | ||||
Collateralized mortgage-backed obligations (privately originated) (continued) | ||||
GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028)4,5,8 | USD19,640 | $19,752 | ||
New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/20684,8,10 | 4,404 | 4,100 | ||
Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 3/25/2028 (6.988% on 3/1/2028)4,5,8 | 7,510 | 7,546 | ||
Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028)4,5,8 | 14,084 | 14,199 | ||
Tricon Residential Trust, Series 2023-SFR1, Class B, 5.10% 7/17/20404,8 | 1,635 | 1,608 | ||
Tricon Residential Trust, Series 2023-SFR1, Class C, 5.10% 7/17/20404,8 | 425 | 415 | ||
Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028)4,5,8 | 18,947 | 19,094 | ||
Verus Securitization Trust, Series 24-4, Class A2, 6.572% 6/25/2069 (7.572% on 5/1/2028)4,5,8 | 8,504 | 8,573 | ||
121,875 | ||||
Other mortgage- backed securities 0.19% | ||||
Nykredit Realkredit AS, Series 01E, 2.00% 7/1/20378 | DKK13,343 | 1,862 | ||
Nykredit Realkredit AS, Series 01E, 1.50% 10/1/20408 | 132,512 | 17,572 | ||
Nykredit Realkredit AS, Series 01E, 0.50% 10/1/20438 | 160,389 | 19,299 | ||
Nykredit Realkredit AS, Series CCE, 1.00% 10/1/20508 | 45,908 | 5,329 | ||
Nykredit Realkredit AS, Series 01E, 1.00% 10/1/20538 | 47,271 | 5,445 | ||
Realkredit Danmark AS 1.00% 10/1/20538 | 12,816 | 1,476 | ||
50,983 | ||||
Commercial mortgage-backed securities 0.15% | ||||
BX Trust, Series 2021-VOLT, Class A, (1-month USD CME Term SOFR + 0.814%) 5.618% 9/15/20364,8,10 | USD9,550 | 9,501 | ||
BX Trust, Series 2021-ARIA, Class A, (1-month USD CME Term SOFR + 1.014%) 5.817% 10/15/20364,8,10 | 7,050 | 7,008 | ||
Citigroup Commercial Mortgage Trust, Series 2023-PRM3, Class A, 6.36% 7/10/20284,8,10 | 5,765 | 5,977 | ||
Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class A, 6.015% 10/12/20404,8,10 | 8,811 | 8,986 | ||
HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 6.072% 5/10/20394,8,10 | 4,481 | 4,522 | ||
Multi Family Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%) 7.607% 7/25/20544,8,10 | 3,403 | 3,439 | ||
39,433 | ||||
Total mortgage-backed obligations | 1,515,719 | |||
Asset-backed obligations 0.25% | ||||
ACHV ABS Trust, Series 2023-4CP, Class B, 7.24% 11/25/20304,8 | 1,557 | 1,563 | ||
Affirm, Inc., Series 2023-X1, Class A, 7.11% 11/15/20284,8 | 1,297 | 1,302 | ||
Affirm, Inc., Series 2024-X1, Class A, 6.27% 5/15/20294,8 | 3,387 | 3,399 | ||
American Credit Acceptance Receivables Trust, Series 2022-3, Class C, 4.86% 10/13/20284,8 | 292 | 291 | ||
Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class A, 5.20% 10/20/20274,8 | 8,068 | 8,100 | ||
Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class A, 5.81% 12/20/20294,8 | 7,122 | 7,328 | ||
CPS Auto Receivables Trust, Series 2022-C, Class B, 4.88% 4/15/20304,8 | 794 | 794 | ||
Mission Lane Credit Card Master Trust, Series 2023-A, Class A, 7.23% 7/17/20284,8 | 5,473 | 5,517 | ||
Mission Lane Credit Card Master Trust, Series 2023-A, Class B, 8.15% 7/17/20284,8 | 1,614 | 1,633 | ||
Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/20294,8 | 7,757 | 7,810 | ||
Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.59% 8/15/20294,8 | 3,831 | 3,857 | ||
OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/20314,8 | 13,966 | 14,134 | ||
OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class B, 7.15% 6/17/20314,8 | 3,554 | 3,631 | ||
Prestige Auto Receivables Trust, Series 2023-1, Class A2, 5.88% 3/16/20264,8 | 489 | 488 | ||
SMB Private Education Loan Trust, Series 2023-C, Class A1B, (30-day Average USD-SOFR + 1.55%) 6.56% 11/15/20524,8,10 | 4,615 | 4,672 | ||
Westlake Automobile Receivables Trust, Series 2023-1, Class A2A, 5.51% 6/15/20264,8 | 325 | 325 | ||
Westlake Automobile Receivables Trust, Series 2023-1, Class A3, 5.21% 1/18/20284,8 | 1,236 | 1,237 | ||
66,081 |
American Funds Global Balanced Fund | 15 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Federal agency bonds & notes 0.14% | ||||
Bank Gospodarstwa Krajowego 5.75% 7/9/20344 | USD2,645 | $2,673 | ||
Bank Gospodarstwa Krajowego 6.25% 7/9/20544 | 28,875 | 29,509 | ||
Export Import Bank of Thailand 5.354% 5/16/2029 | 4,920 | 5,015 | ||
37,197 | ||||
Municipals 0.03% | ||||
Ohio 0.01% | ||||
Turnpike and Infrastructure Commission, Turnpike Rev. Ref. Bonds (Infrastructure Projects), Series 2020-A, 3.216% 2/15/2048 | 4,090 | 3,057 | ||
Texas 0.02% | ||||
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bonds, Series 2020-B, 3.236% 10/1/2052 | 5,670 | 4,149 | ||
Total municipals | 7,206 | |||
Total bonds, notes & other debt instruments (cost: $8,804,214,000) | 8,337,896 | |||
Investment funds 1.21% | Shares | |||
Capital Group Central Corporate Bond Fund11 | 38,292,377 | 322,039 | ||
Total Investment funds (cost: $302,553,000) | 322,039 | |||
Short-term securities 4.23% | ||||
Money market investments 3.94% | ||||
Capital Group Central Cash Fund 4.87%11,12 | 10,494,689 | 1,049,469 | ||
Weighted average yield at acquisition | Principal amount (000) | |||
Bills & notes of governments & government agencies outside the U.S. 0.26% | ||||
Egypt (Arab Republic of) 11/12/2024 | 22.326 % | EGP270,425 | 5,505 | |
Egypt (Arab Republic of) 11/19/2024 | 22.238 | 417,300 | 8,445 | |
Egypt (Arab Republic of) 3/11/2025 | 21.301 | 524,650 | 9,744 | |
Egypt (Arab Republic of) 3/18/2025 | 21.154 | 2,387,325 | 44,114 | |
67,808 | ||||
Shares | ||||
Money market investments purchased with collateral from securities on loan 0.03% | ||||
Capital Group Central Cash Fund 4.87%11,12,13 | 32,436 | 3,244 | ||
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 4.77%12,13 | 1,875,696 | 1,876 | ||
BlackRock Liquidity Funds – FedFund, Institutional Shares 4.76%12,13 | 500,000 | 500 | ||
Dreyfus Treasury Obligations Cash Management, Institutional Shares 4.72%12,13 | 500,000 | 500 | ||
Fidelity Investments Money Market Government Portfolio, Class I 4.70%12,13 | 500,000 | 500 | ||
Goldman Sachs Financial Square Government Fund, Institutional Shares 4.70%12,13 | 500,000 | 500 |
16 | American Funds Global Balanced Fund |
Short-term securities (continued) | Shares | Value (000) | ||
Money market investments purchased with collateral from securities on loan (continued) | ||||
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 4.78%12,13 | 500,000 | $500 | ||
RBC Funds Trust – U.S. Government Money Market Fund, RBC Institutional Class 1 4.77%12,13 | 400,000 | 400 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.82%12,13 | 393,361 | 393 | ||
8,413 | ||||
Total short-term securities (cost: $1,128,223,000) | 1,125,690 | |||
Total investment securities 99.78% (cost: $21,999,093,000) | 26,560,966 | |||
Other assets less liabilities 0.22% | 57,471 | |||
Net assets 100.00% | $26,618,437 |
Contracts | Type | Number of contracts | Expiration date | Notional amount (000) | Value and unrealized appreciation (depreciation) at 10/31/2024 (000) |
2 Year Euro-Schatz Futures | Long | 584 | 12/10/2024 | USD67,679 | $(39 ) |
2 Year U.S. Treasury Note Futures | Long | 782 | 1/6/2025 | 161,049 | (1,796 ) |
5 Year Euro-Bobl Futures | Long | 2,629 | 12/10/2024 | 337,873 | (1,778 ) |
5 Year U.S. Treasury Note Futures | Long | 2,444 | 12/31/2024 | 262,081 | (6,004 ) |
5 Year Canadian Government Bond Futures | Long | 12 | 12/31/2024 | 981 | (8 ) |
10 Year French Government Bond Futures | Long | 359 | 12/10/2024 | 48,680 | (1,115 ) |
10 Year Italy Government Bond Futures | Short | 203 | 12/10/2024 | (26,398 ) | (242 ) |
10 Year Euro-Bund Futures | Short | 1,391 | 12/10/2024 | (199,421 ) | 228 |
10 Year Australian Treasury Bond Futures | Long | 320 | 12/16/2024 | 23,553 | (1,082 ) |
10 Year Japanese Government Bond Futures | Short | 189 | 12/20/2024 | (179,360 ) | 327 |
10 Year UK Gilt Futures | Long | 2,296 | 12/31/2024 | 278,413 | (13,351 ) |
10 Year Canadian Government Bond Futures | Long | 1,162 | 12/31/2024 | 101,808 | (1,938 ) |
10 Year U.S. Treasury Note Futures | Short | 775 | 12/31/2024 | (85,613 ) | 2,561 |
10 Year Ultra U.S. Treasury Note Futures | Short | 5,121 | 12/31/2024 | (582,514 ) | 25,126 |
20 Year U.S. Treasury Bond Futures | Long | 380 | 12/31/2024 | 44,828 | (2,617 ) |
30 Year Euro-Buxl Futures | Long | 85 | 12/10/2024 | 12,238 | (116 ) |
30 Year Ultra U.S. Treasury Bond Futures | Long | 128 | 12/31/2024 | 16,080 | (1,130 ) |
$(2,974 ) |
Contract amount | Counterparty | Settlement date | Unrealized appreciation (depreciation) at 10/31/2024 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
USD | 36,222 | CNH | 258,394 | Bank of New York Mellon | 11/1/2024 | $(65 ) |
CNH | 60,480 | USD | 8,588 | HSBC Bank | 11/1/2024 | (94 ) |
CNH | 197,914 | USD | 28,102 | HSBC Bank | 11/1/2024 | (308 ) |
USD | 35,043 | EUR | 32,190 | Bank of America | 11/4/2024 | 22 |
USD | 2,025 | EUR | 1,860 | Bank of America | 11/4/2024 | 1 |
EUR | 410 | USD | 457 | JPMorgan Chase | 11/4/2024 | (11 ) |
EUR | 1,450 | USD | 1,622 | Bank of America | 11/4/2024 | (45 ) |
EUR | 32,190 | USD | 36,000 | Morgan Stanley | 11/4/2024 | (978 ) |
USD | 1,718 | JPY | 261,880 | JPMorgan Chase | 11/5/2024 | (7 ) |
JPY | 261,880 | USD | 1,769 | Morgan Stanley | 11/5/2024 | (44 ) |
USD | 29,780 | JPY | 4,539,320 | JPMorgan Chase | 11/5/2024 | (115 ) |
JPY | 4,539,320 | USD | 30,661 | Morgan Stanley | 11/5/2024 | (766 ) |
USD | 2,009 | JPY | 306,000 | JPMorgan Chase | 11/6/2024 | (7 ) |
USD | 34,824 | JPY | 5,305,620 | JPMorgan Chase | 11/6/2024 | (122 ) |
JPY | 5,611,620 | USD | 39,016 | Standard Chartered Bank | 11/6/2024 | (2,054 ) |
American Funds Global Balanced Fund | 17 |
Contract amount | Counterparty | Settlement date | Unrealized appreciation (depreciation) at 10/31/2024 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
CHF | 132,670 | JPY | 23,076,753 | BNP Paribas | 11/7/2024 | $1,750 |
USD | 79,042 | GBP | 60,430 | Barclays Bank PLC | 11/7/2024 | 1,121 |
USD | 95,875 | EUR | 87,330 | Citibank | 11/7/2024 | 849 |
USD | 16,609 | HUF | 6,051,337 | UBS AG | 11/7/2024 | 489 |
EUR | 87,330 | USD | 94,823 | Morgan Stanley | 11/7/2024 | 203 |
CHF | 7,170 | JPY | 1,247,157 | BNP Paribas | 11/7/2024 | 95 |
GBP | 40,079 | USD | 51,598 | HSBC Bank | 11/7/2024 | 82 |
USD | 5,182 | EUR | 4,720 | Citibank | 11/7/2024 | 46 |
HUF | 6,051,337 | USD | 16,109 | Bank of New York Mellon | 11/7/2024 | 10 |
JPY | 8,804 | CHF | 50 | BNP Paribas | 11/7/2024 | — 14 |
USD | 3,985 | EUR | 3,670 | Morgan Stanley | 11/7/2024 | (9 ) |
USD | 28,104 | GBP | 21,830 | HSBC Bank | 11/7/2024 | (45 ) |
EUR | 8,390 | USD | 9,274 | Citibank | 11/7/2024 | (145 ) |
GBP | 20,351 | USD | 27,006 | Citibank | 11/7/2024 | (764 ) |
GBP | 21,830 | USD | 28,968 | Citibank | 11/7/2024 | (820 ) |
JPY | 24,068,833 | CHF | 139,790 | BNP Paribas | 11/7/2024 | (3,468 ) |
USD | 47,218 | NOK | 498,390 | HSBC Bank | 11/8/2024 | 1,907 |
USD | 30,735 | NZD | 48,986 | UBS AG | 11/8/2024 | 1,455 |
USD | 27,943 | THB | 926,450 | JPMorgan Chase | 11/8/2024 | 525 |
USD | 2,295 | NZD | 3,658 | UBS AG | 11/8/2024 | 109 |
USD | 4,294 | DKK | 28,964 | Bank of America | 11/8/2024 | 68 |
EUR | 2,176 | PLN | 9,370 | BNP Paribas | 11/8/2024 | 27 |
USD | 582 | AUD | 845 | Bank of America | 11/8/2024 | 26 |
EUR | 13,031 | DKK | 97,170 | Bank of America | 11/8/2024 | 4 |
DKK | 37,620 | EUR | 5,045 | Bank of America | 11/8/2024 | (1 ) |
THB | 10,000 | USD | 304 | Standard Chartered Bank | 11/8/2024 | (8 ) |
JPY | 57,992 | USD | 400 | Bank of America | 11/8/2024 | (18 ) |
CHF | 937 | USD | 1,108 | Bank of America | 11/8/2024 | (22 ) |
CZK | 52,685 | USD | 2,295 | BNP Paribas | 11/8/2024 | (32 ) |
CAD | 1,460 | USD | 1,084 | JPMorgan Chase | 11/8/2024 | (36 ) |
CZK | 132,090 | USD | 5,760 | Goldman Sachs | 11/8/2024 | (85 ) |
DKK | 52,981 | USD | 7,857 | Goldman Sachs | 11/8/2024 | (127 ) |
PLN | 31,405 | USD | 8,067 | HSBC Bank | 11/8/2024 | (223 ) |
THB | 429,881 | USD | 12,966 | JPMorgan Chase | 11/8/2024 | (244 ) |
CHF | 18,318 | USD | 21,666 | Bank of America | 11/8/2024 | (432 ) |
CAD | 24,165 | USD | 17,949 | JPMorgan Chase | 11/8/2024 | (588 ) |
AUD | 30,038 | USD | 20,700 | Bank of America | 11/8/2024 | (930 ) |
JPY | 32,181,313 | USD | 222,045 | Bank of America | 11/8/2024 | (10,024 ) |
IDR | 259,456,602 | USD | 16,497 | BNP Paribas | 11/12/2024 | 22 |
USD | 16,512 | IDR | 259,456,602 | HSBC Bank | 11/12/2024 | (7 ) |
USD | 45,956 | JPY | 6,709,834 | Bank of America | 11/14/2024 | 1,715 |
JPY | 270,565 | USD | 1,820 | JPMorgan Chase | 11/14/2024 | (36 ) |
JPY | 360,640 | USD | 2,482 | Barclays Bank PLC | 11/14/2024 | (104 ) |
JPY | 4,269,090 | USD | 28,721 | JPMorgan Chase | 11/14/2024 | (573 ) |
EUR | 25,726 | CAD | 38,790 | HSBC Bank | 11/18/2024 | 129 |
USD | 1,297 | GBP | 990 | Bank of America | 11/18/2024 | 20 |
EUR | 2,195 | CAD | 3,310 | HSBC Bank | 11/18/2024 | 11 |
PLN | 7,770 | EUR | 1,806 | HSBC Bank | 11/18/2024 | (26 ) |
CAD | 10,828 | USD | 7,849 | UBS AG | 11/18/2024 | (68 ) |
PLN | 19,390 | USD | 4,921 | HSBC Bank | 11/18/2024 | (79 ) |
SGD | 10,948 | USD | 8,379 | HSBC Bank | 11/18/2024 | (81 ) |
CAD | 23,914 | USD | 17,335 | UBS AG | 11/18/2024 | (150 ) |
THB | 1,327,270 | USD | 39,913 | Citibank | 11/18/2024 | (622 ) |
CAD | 106,341 | USD | 77,087 | UBS AG | 11/18/2024 | (667 ) |
GBP | 35,621 | USD | 46,655 | Bank of America | 11/18/2024 | (724 ) |
EUR | 270,287 | USD | 295,288 | Morgan Stanley | 11/18/2024 | (1,059 ) |
USD | 28,946 | AUD | 43,418 | Morgan Stanley | 11/19/2024 | 367 |
CNH | 558,170 | USD | 78,437 | HSBC Bank | 11/19/2024 | 44 |
USD | 299 | ZAR | 5,275 | Citibank | 11/19/2024 | — 14 |
NOK | 39,675 | USD | 3,647 | JPMorgan Chase | 11/19/2024 | (40 ) |
NZD | 9,911 | USD | 6,011 | HSBC Bank | 11/19/2024 | (87 ) |
HUF | 7,101,480 | USD | 19,217 | Barclays Bank PLC | 11/19/2024 | (311 ) |
18 | American Funds Global Balanced Fund |
Contract amount | Counterparty | Settlement date | Unrealized appreciation (depreciation) at 10/31/2024 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
SEK | 237,042 | USD | 22,676 | HSBC Bank | 11/19/2024 | $(408 ) |
USD | 64,439 | MXN | 1,270,854 | Morgan Stanley | 11/21/2024 | 1,163 |
USD | 653 | MXN | 13,138 | JPMorgan Chase | 11/21/2024 | (1 ) |
USD | 17,876 | MXN | 359,729 | JPMorgan Chase | 11/21/2024 | (35 ) |
EUR | 167,761 | USD | 184,401 | Citibank | 11/21/2024 | (1,758 ) |
JPY | 16,853,270 | USD | 113,068 | Citibank | 11/21/2024 | (1,847 ) |
USD | 57,948 | ILS | 214,600 | HSBC Bank | 11/22/2024 | 460 |
USD | 39,011 | JPY | 5,857,860 | Morgan Stanley | 11/22/2024 | 348 |
USD | 17,166 | JPY | 2,559,560 | Citibank | 11/22/2024 | 272 |
USD | 26,462 | JPY | 4,005,695 | Bank of America | 11/22/2024 | 24 |
EUR | 15,120 | USD | 16,441 | Standard Chartered Bank | 11/22/2024 | 21 |
USD | 206 | EUR | 190 | JPMorgan Chase | 11/22/2024 | (1 ) |
USD | 330 | JPY | 50,075 | Standard Chartered Bank | 11/22/2024 | (1 ) |
USD | 6,101 | JPY | 926,370 | Standard Chartered Bank | 11/22/2024 | (14 ) |
EUR | 1,850 | USD | 2,033 | Goldman Sachs | 11/22/2024 | (19 ) |
USD | 3,835 | EUR | 3,540 | JPMorgan Chase | 11/22/2024 | (19 ) |
EUR | 40,690 | USD | 44,714 | Morgan Stanley | 11/22/2024 | (413 ) |
JPY | 7,593,516 | USD | 50,926 | Citibank | 11/22/2024 | (807 ) |
CNH | 253,062 | USD | 35,594 | Citibank | 11/25/2024 | 1 |
USD | 1,096 | CNH | 7,830 | BNP Paribas | 11/25/2024 | (5 ) |
USD | 20,285 | CNH | 144,860 | BNP Paribas | 11/25/2024 | (90 ) |
USD | 73,159 | BRL | 417,242 | JPMorgan Chase | 11/26/2024 | 1,215 |
USD | 962 | CLP | 907,455 | Morgan Stanley | 11/26/2024 | 19 |
USD | 39,989 | INR | 3,364,768 | HSBC Bank | 11/26/2024 | 9 |
USD | 16,485 | IDR | 259,456,602 | BNP Paribas | 11/26/2024 | (20 ) |
CLP | 1,765,258 | USD | 1,872 | Morgan Stanley | 11/26/2024 | (36 ) |
COP | 20,947,114 | USD | 4,912 | Morgan Stanley | 11/26/2024 | (196 ) |
IDR | 697,513,937 | USD | 44,755 | BNP Paribas | 11/26/2024 | (383 ) |
MYR | 3,200 | USD | 745 | JPMorgan Chase | 11/27/2024 | (14 ) |
MYR | 55,100 | USD | 12,833 | JPMorgan Chase | 11/27/2024 | (241 ) |
JPY | 5,305,620 | USD | 34,954 | JPMorgan Chase | 12/5/2024 | 127 |
JPY | 4,539,320 | USD | 29,895 | JPMorgan Chase | 12/5/2024 | 119 |
USD | 2,950 | GBP | 2,270 | BNP Paribas | 12/5/2024 | 23 |
JPY | 261,880 | USD | 1,725 | JPMorgan Chase | 12/5/2024 | 7 |
JPY | 306,000 | USD | 2,016 | JPMorgan Chase | 12/5/2024 | 7 |
ILS | 17,333 | USD | 4,661 | HSBC Bank | 12/5/2024 | (16 ) |
USD | 32,962 | BRL | 189,432 | BNP Paribas | 12/6/2024 | 334 |
CNH | 258,394 | USD | 36,307 | Bank of New York Mellon | 12/6/2024 | 65 |
AUD | 26,350 | USD | 17,310 | HSBC Bank | 12/6/2024 | 38 |
CLP | 374,078 | USD | 394 | HSBC Bank | 12/6/2024 | (5 ) |
USD | 29,981 | KRW | 41,358,462 | Citibank | 12/6/2024 | (139 ) |
GBP | 21,830 | USD | 28,103 | HSBC Bank | 12/9/2024 | 44 |
EUR | 3,670 | USD | 3,990 | Morgan Stanley | 12/9/2024 | 9 |
USD | 16,083 | HUF | 6,051,337 | Bank of New York Mellon | 12/9/2024 | (9 ) |
USD | 51,595 | GBP | 40,079 | HSBC Bank | 12/9/2024 | (81 ) |
USD | 94,940 | EUR | 87,330 | Morgan Stanley | 12/9/2024 | (212 ) |
USD | 15,220 | BRL | 78,770 | JPMorgan Chase | 4/1/2025 | 1,876 |
$(16,763 ) |
American Funds Global Balanced Fund | 19 |
Receive | Pay | Expiration date | Notional amount (000) | Value at 10/31/2024 (000) | Upfront premium paid (received) (000) | Unrealized appreciation (depreciation) at 10/31/2024 (000) | ||
Rate | Payment frequency | Rate | Payment frequency | |||||
3.79165% | Annual | SOFR | Annual | 1/13/2026 | USD7,945 | $(31 ) | $— | $(31 ) |
6.59% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | MXN121,400 | (307 ) | — | (307 ) |
6.585% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 159,500 | (404 ) | — | (405 ) |
6.64% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 196,200 | (489 ) | — | (489 ) |
6.58% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 685,100 | (1,739 ) | — | (1,739 ) |
6.605% | 28-day | 28-day MXN-TIIE | 28-day | 7/6/2026 | 452,325 | (1,156 ) | — | (1,156 ) |
7.59% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 204,100 | (412 ) | — | (412 ) |
7.62% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 306,112 | (609 ) | — | (609 ) |
4.254% | Annual | SONIA | Annual | 5/9/2027 | GBP3,640 | 1 | — | 1 |
3.5175% | Annual | SOFR | Annual | 8/15/2027 | USD609,013 | (5,824 ) | — | (5,824 ) |
4.98038% | Annual | SONIA | Annual | 6/21/2028 | GBP106,040 | 3,738 | — | 3,738 |
4.96048% | Annual | SONIA | Annual | 6/21/2028 | 56,700 | 1,951 | — | 1,951 |
3.968% | Annual | SONIA | Annual | 2/16/2029 | 102,605 | (717 ) | — | (716 ) |
SOFR | Annual | 3.29015% | Annual | 1/13/2030 | USD180,750 | 4,234 | — | 4,234 |
SONIA | Annual | 4.34948% | Annual | 6/21/2033 | GBP30,780 | (963 ) | — | (963 ) |
SONIA | Annual | 4.36738% | Annual | 6/21/2033 | 62,520 | (2,059 ) | — | (2,059 ) |
SONIA | Annual | 3.9322% | Annual | 2/16/2054 | 26,120 | 885 | — | 885 |
$(3,901 ) | $— | $(3,901 ) |
Receive | Pay | Counterparty | Expiration date | Notional amount (000) | Value at 10/31/2024 (000) | Upfront premium paid (received) (000) | Unrealized appreciation (depreciation) at 10/31/2024 (000) | ||
Rate | Payment frequency | Rate | Payment frequency | ||||||
11.91% | At maturity | BZDIOVER | At maturity | Barclays Bank PLC | 1/4/2027 | BRL10,610 | $(34 ) | $— | $(34 ) |
12.1725% | At maturity | BZDIOVER | At maturity | Goldman Sachs | 1/2/2029 | 30,439 | (136 ) | — | (136 ) |
12.005% | At maturity | BZDIOVER | At maturity | Goldman Sachs | 1/2/2029 | 49,230 | (277 ) | — | (277 ) |
11.495% | At maturity | BZDIOVER | At maturity | Bank of America | 1/2/2029 | 246,450 | (2,195 ) | — | (2,195 ) |
10.045% | At maturity | BZDIOVER | At maturity | Goldman Sachs | 1/2/2029 | 611,730 | (12,567 ) | — | (12,567 ) |
$(15,209 ) | $— | $(15,209 ) |
Reference index | Financing rate received | Payment frequency | Expiration date | Notional amount15 (000) | Value at 10/31/202416 (000) | Upfront premium paid (received) (000) | Unrealized appreciation (depreciation) at 10/31/2024 (000) |
ITRAXX.EUR.42 | 1.00% | Quarterly | 12/20/2029 | EUR71,610 | $1,549 | $1,619 | $(71 ) |
CDX.NA.IG.43 | 1.00% | Quarterly | 12/20/2029 | USD588,371 | 12,507 | 13,216 | (709 ) |
$14,056 | $14,835 | $(780 ) |
20 | American Funds Global Balanced Fund |
Value at 11/1/2023 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value at 10/31/2024 (000) | Dividend or interest income (000) | |
Investment funds 1.21% | |||||||
Capital Group Central Corporate Bond Fund | $306,119 | $367,657 | $380,513 | $3,302 | $25,474 | $322,039 | $20,237 |
Short-term securities 3.95% | |||||||
Money market investments 3.94% | |||||||
Capital Group Central Cash Fund 4.87% 12 | 1,788,973 | 7,593,652 | 8,333,172 | 187 | (171 ) | 1,049,469 | 91,773 |
Money market investments purchased with collateral from securities on loan 0.01% | |||||||
Capital Group Central Cash Fund 4.87% 12,13 | 5,731 | 2,487 17 | 3,244 | — 18 | |||
Total short-term securities | 1,052,713 | ||||||
Total 5.16% | $3,489 | $25,303 | $1,374,752 | $112,010 |
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | |
McDonalds Corp. 1.60% 3/15/2031 | 9/30/2024 | $5,199 | $5,010 | .02 % |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $9,971,000, which represented .04% of the net assets of the fund. Refer to Note 5 for more information on securities lending. |
3 | Index-linked bond whose principal amount moves with a government price index. |
4 | Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $590,378,000, which represented 2.22% of the net assets of the fund. |
5 | Step bond; coupon rate may change at a later date. |
6 | Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933. The total value of all such restricted securities was $5,010,000, which represented .02% of the net assets of the fund. |
7 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $105,255,000, which represented .40% of the net assets of the fund. |
8 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
9 | Purchased on a TBA basis. |
10 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
11 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
12 | Rate represents the seven-day yield at 10/31/2024. |
13 | Security purchased with cash collateral from securities on loan. Refer to Note 5 for more information on securities lending. |
14 | Amount less than one thousand. |
15 | The maximum potential amount the fund may pay as a protection seller should a credit event occur. |
16 | The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. |
17 | Represents net activity. Refer to Note 5 for more information on securities lending. |
18 | Dividend income is included with securities lending income in the fund’s statement of operations and is not shown in this table. |
American Funds Global Balanced Fund | 21 |
Key to abbreviation(s) |
ADR = American Depositary Receipts |
Assn. = Association |
AUD = Australian dollars |
BRL = Brazilian reais |
BZDIOVER = Overnight Brazilian Interbank Deposit Rate |
CAD = Canadian dollars |
CHF = Swiss francs |
CLP = Chilean pesos |
CME = CME Group |
CNH = Chinese yuan renminbi |
CNY = Chinese yuan |
COP = Colombian pesos |
CZK = Czech korunas |
DAC = Designated Activity Company |
DKK = Danish kroner |
EGP = Egyptian pounds |
EUR = Euros |
EURIBOR = Euro Interbank Offered Rate |
GBP = British pounds |
HUF = Hungarian forints |
ICE = Intercontinental Exchange, Inc. |
IDR = Indonesian rupiah |
ILS = Israeli shekels |
INR = Indian rupees |
JPY = Japanese yen |
KRW = South Korean won |
MXN = Mexican pesos |
MYR = Malaysian ringgits |
NOK = Norwegian kroner |
NZD = New Zealand dollars |
PLN = Polish zloty |
Ref. = Refunding |
REIT = Real Estate Investment Trust |
Rev. = Revenue |
SEK = Swedish kronor |
SGD = Singapore dollars |
SOFR = Secured Overnight Financing Rate |
SONIA = Sterling Overnight Interbank Average Rate |
TBA = To be announced |
THB = Thai baht |
TIIE = Interbank Equilibrium Interest Rate |
TRY = Turkish lira |
USD = U.S. dollars |
ZAR = South African rand |
22 | American Funds Global Balanced Fund |
Assets: | ||
Investment securities, at value (includes $9,971 of investment securities on loan): | ||
Unaffiliated issuers (cost: $20,643,746) | $25,186,214 | |
Affiliated issuers (cost: $1,355,347) | 1,374,752 | $26,560,966 |
Cash | 968 | |
Cash denominated in currencies other than U.S. dollars (cost: $2,759) | 2,750 | |
Unrealized appreciation on open forward currency contracts | 17,278 | |
Receivables for: | ||
Sales of investments | 217,207 | |
Sales of fund’s shares | 15,277 | |
Dividends and interest | 128,573 | |
Securities lending income | 14 | |
Variation margin on futures contracts | 2,345 | |
Variation margin on centrally cleared swap contracts | 1,658 | 365,074 |
26,947,036 | ||
Liabilities: | ||
Collateral for securities on loan | 8,413 | |
Unrealized depreciation on open forward currency contracts | 34,041 | |
Bilateral swaps, at value | 15,209 | |
Payables for: | ||
Purchases of investments | 211,621 | |
Repurchases of fund’s shares | 8,631 | |
Investment advisory services | 9,928 | |
Services provided by related parties | 2,123 | |
Trustees’ deferred compensation | 1,863 | |
Variation margin on futures contracts | 7,284 | |
Variation margin on centrally cleared swap contracts | 3,468 | |
Non-U.S. taxes | 24,042 | |
Other | 1,976 | 270,936 |
Net assets at October 31, 2024 | $26,618,437 | |
Net assets consist of: | ||
Capital paid in on shares of beneficial interest | $21,221,103 | |
Total distributable earnings (accumulated loss) | 5,397,334 | |
Net assets at October 31, 2024 | $26,618,437 |
American Funds Global Balanced Fund | 23 |
(dollars and shares in thousands, except per-share amounts)
unlimited shares authorized (687,086 total shares outstanding)
Net assets | Shares outstanding | Net asset value per share | |
Class A | $5,242,820 | 135,385 | $38.73 |
Class C | 198,347 | 5,134 | 38.64 |
Class T | 13 | — * | 38.65 |
Class F-1 | 84,247 | 2,174 | 38.76 |
Class F-2 | 3,905,791 | 100,833 | 38.74 |
Class F-3 | 1,115,152 | 28,806 | 38.71 |
Class 529-A | 306,872 | 7,931 | 38.69 |
Class 529-C | 12,811 | 332 | 38.59 |
Class 529-E | 10,636 | 275 | 38.66 |
Class 529-T | 16 | — * | 38.66 |
Class 529-F-1 | 12 | — * | 38.70 |
Class 529-F-2 | 48,681 | 1,257 | 38.72 |
Class 529-F-3 | 13 | — * | 38.72 |
Class R-1 | 3,499 | 91 | 38.65 |
Class R-2 | 40,384 | 1,048 | 38.53 |
Class R-2E | 3,754 | 97 | 38.61 |
Class R-3 | 58,005 | 1,501 | 38.65 |
Class R-4 | 44,513 | 1,150 | 38.72 |
Class R-5E | 9,165 | 237 | 38.69 |
Class R-5 | 17,812 | 459 | 38.78 |
Class R-6 | 15,515,894 | 400,376 | 38.75 |
24 | American Funds Global Balanced Fund |
Investment income: | ||
Income: | ||
Dividends (net of non-U.S. taxes of $18,840; also includes $112,010 from affiliates) | $532,400 | |
Interest from unaffiliated issuers (net of non-U.S. taxes of $517) | 325,657 | |
Securities lending income (net of fees) | 492 | $858,549 |
Fees and expenses*: | ||
Investment advisory services | 115,921 | |
Distribution services | 17,150 | |
Transfer agent services | 9,312 | |
Administrative services | 8,021 | |
529 plan services | 213 | |
Reports to shareholders | 367 | |
Registration statement and prospectus | 534 | |
Trustees’ compensation | 550 | |
Auditing and legal | 211 | |
Custodian | 1,776 | |
Other | 108 | 154,163 |
Net investment income | 704,386 | |
Net realized gain (loss) and unrealized appreciation (depreciation): | ||
Net realized gain (loss) on: | ||
Investments (net of non-U.S. taxes of $10,747): | ||
Unaffiliated issuers | 1,682,635 | |
Affiliated issuers | 3,489 | |
Options written | 2,066 | |
Futures contracts | 51,201 | |
Forward currency contracts | 27,129 | |
Swap contracts | (17,891 ) | |
Currency transactions | (2,553 ) | 1,746,076 |
Net unrealized appreciation (depreciation) on: | ||
Investments (net of non-U.S. taxes of $24,042): | ||
Unaffiliated issuers | 2,619,103 | |
Affiliated issuers | 25,303 | |
Futures contracts | (324 ) | |
Forward currency contracts | (19,107 ) | |
Swap contracts | (5,090 ) | |
Currency translations | 31 | 2,619,916 |
Net realized gain (loss) and unrealized appreciation (depreciation) | 4,365,992 | |
Net increase (decrease) in net assets resulting from operations | $5,070,378 |
American Funds Global Balanced Fund | 25 |
Year ended October 31, | ||
2024 | 2023 | |
Operations: | ||
Net investment income | $704,386 | $636,137 |
Net realized gain (loss) | 1,746,076 | (636,342 ) |
Net unrealized appreciation (depreciation) | 2,619,916 | 1,571,034 |
Net increase (decrease) in net assets resulting from operations | 5,070,378 | 1,570,829 |
Distributions paid to shareholders | (547,292 ) | (464,730 ) |
Net capital share transactions | (2,459,441 ) | 1,136,037 |
Total increase (decrease) in net assets | 2,063,645 | 2,242,136 |
Net assets: | ||
Beginning of year | 24,554,792 | 22,312,656 |
End of year | $26,618,437 | $24,554,792 |
26 | American Funds Global Balanced Fund |
Share class | Initial sales charge | Contingent deferred sales charge upon redemption | Conversion feature |
Classes A and 529-A | Up to 5.75% for Class A; up to 3.50% for Class 529-A | None (except 1.00% for certain redemptions within 18 months of purchase without an initial sales charge) | None |
Classes C and 529-C | None | 1.00% for redemptions within one year of purchase | Class C converts to Class A after eight years and Class 529-C converts to Class 529-A after five years |
Class 529-E | None | None | None |
Classes T and 529-T* | Up to 2.50% | None | None |
Classes F-1, F-2, F-3, 529-F-1, 529-F-2 and 529-F-3 | None | None | None |
Classes R-1, R-2, R-2E, R-3, R-4, R-5E, R-5 and R-6 | None | None | None |
American Funds Global Balanced Fund | 27 |
Fixed-income class | Examples of standard inputs |
All | Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”) |
Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
Mortgage-backed; asset-backed obligations | Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information |
Municipal securities | Standard inputs and, for certain distressed securities, cash flows or liquidation values using a net present value calculation based on inputs that include, but are not limited to, financial statements and debt contracts |
28 | American Funds Global Balanced Fund |
American Funds Global Balanced Fund | 29 |
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Common stocks: | ||||
Information technology | $2,196,954 | $479,593 | $— | $2,676,547 |
Health care | 1,606,144 | 753,982 | — | 2,360,126 |
Industrials | 1,251,660 | 998,680 | — | 2,250,340 |
Financials | 875,448 | 1,263,717 | — | 2,139,165 |
Consumer staples | 294,422 | 1,149,804 | — | 1,444,226 |
Consumer discretionary | 904,037 | 443,737 | — | 1,347,774 |
Communication services | 1,166,965 | 123,781 | — | 1,290,746 |
Materials | 947,844 | 215,723 | — | 1,163,567 |
Utilities | 698,320 | 231,128 | — | 929,448 |
Energy | 581,929 | 151,236 | — | 733,165 |
Real estate | 127,408 | 197,864 | — | 325,272 |
Preferred securities | — | 18,535 | — | 18,535 |
Convertible stocks | 96,430 | — | — | 96,430 |
Bonds, notes & other debt instruments: | ||||
Bonds & notes of governments & government agencies outside the U.S. | — | 3,384,687 | — | 3,384,687 |
Corporate bonds, notes & loans | — | 1,727,778 | — | 1,727,778 |
U.S. Treasury bonds & notes | — | 1,599,228 | — | 1,599,228 |
Mortgage-backed obligations | — | 1,515,719 | — | 1,515,719 |
Asset-backed obligations | — | 66,081 | — | 66,081 |
Federal agency bonds & notes | — | 37,197 | — | 37,197 |
Municipals | — | 7,206 | — | 7,206 |
Investment funds | 322,039 | — | — | 322,039 |
Short-term securities | 1,057,882 | 67,808 | — | 1,125,690 |
Total | $12,127,482 | $14,433,484 | $— | $26,560,966 |
Other investments* | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Unrealized appreciation on futures contracts | $28,242 | $— | $— | $28,242 |
Unrealized appreciation on open forward currency contracts | — | 17,278 | — | 17,278 |
Unrealized appreciation on centrally cleared interest rate swaps | — | 10,809 | — | 10,809 |
Liabilities: | ||||
Unrealized depreciation on futures contracts | (31,216 ) | — | — | (31,216 ) |
Unrealized depreciation on open forward currency contracts | — | (34,041 ) | — | (34,041 ) |
Unrealized depreciation on centrally cleared interest rate swaps | — | (14,710 ) | — | (14,710 ) |
Unrealized depreciation on bilateral interest rate swaps | — | (15,209 ) | — | (15,209 ) |
Unrealized depreciation on centrally cleared credit default swaps | — | (780 ) | — | (780 ) |
Total | $(2,974 ) | $(36,653 ) | $— | $(39,627 ) |
30 | American Funds Global Balanced Fund |
American Funds Global Balanced Fund | 31 |
32 | American Funds Global Balanced Fund |
American Funds Global Balanced Fund | 33 |
34 | American Funds Global Balanced Fund |
American Funds Global Balanced Fund | 35 |
Assets | Liabilities | ||||
Contracts | Risk type | Location on statement of assets and liabilities | Value | Location on statement of assets and liabilities | Value |
Futures | Interest | Unrealized appreciation* | $28,242 | Unrealized depreciation* | $31,216 |
Forward currency | Currency | Unrealized appreciation on open forward currency contracts | 17,278 | Unrealized depreciation on open forward currency contracts | 34,041 |
Swap (centrally cleared) | Interest | Unrealized appreciation* | 10,809 | Unrealized depreciation* | 14,710 |
Swap (bilateral) | Interest | Bilateral swaps, at value | — | Bilateral swaps, at value | 15,209 |
Swap (centrally cleared) | Credit | Unrealized appreciation* | — | Unrealized depreciation* | 780 |
$56,329 | $95,956 |
Net realized gain (loss) | Net unrealized appreciation (depreciation) | ||||
Contracts | Risk type | Location on statement of operations | Value | Location on statement of operations | Value |
Options written (equity style) | Interest | Net realized gain (loss) on options written | $2,066 | Net unrealized appreciation (depreciation) on options written | $— |
Futures | Interest | Net realized gain (loss) on futures contracts | 51,201 | Net unrealized appreciation (depreciation) on futures contracts | (324 ) |
Forward currency | Currency | Net realized gain (loss) on forward currency contracts | 27,129 | Net unrealized appreciation (depreciation) on forward currency contracts | (19,107 ) |
Swap | Interest | Net realized gain (loss) on swap contracts | (27,083 ) | Net unrealized appreciation (depreciation) on swap contracts | (4,277 ) |
Swap | Credit | Net realized gain (loss) on swap contracts | 9,192 | Net unrealized appreciation (depreciation) on swap contracts | (813 ) |
$62,505 | $(24,521 ) |
36 | American Funds Global Balanced Fund |
Counterparty | Gross amounts recognized in the statement of assets and liabilities | Gross amounts not offset in the statement of assets and liabilities and subject to a master netting agreement | Net amount | ||
Available to offset | Non-cash collateral* | Cash collateral* | |||
Assets: | |||||
Bank of America | $1,880 | $ (1,880 ) | $ — | $ — | $ — |
Bank of New York Mellon | 75 | (74 ) | — | — | 1 |
Barclays Bank PLC | 1,121 | (449 ) | — | — | 672 |
BNP Paribas | 2,251 | (2,251 ) | — | — | — |
Citibank | 1,168 | (1,168 ) | — | — | — |
HSBC Bank | 2,724 | (1,460 ) | (655 ) | — | 609 |
JPMorgan Chase | 3,876 | (2,090 ) | (1,306 ) | — | 480 |
Morgan Stanley | 2,109 | (2,109 ) | — | — | — |
Standard Chartered Bank | 21 | (21 ) | — | — | — |
UBS AG | 2,053 | (885 ) | (1,168 ) | — | — |
Total | $17,278 | $ (12,387 ) | $ (3,129 ) | $ — | $1,762 |
Liabilities: | |||||
Bank of America | $14,391 | $ (1,880 ) | $ (12,511 ) | $ — | $ — |
Bank of New York Mellon | 74 | (74 ) | — | — | — |
Barclays Bank PLC | 449 | (449 ) | — | — | — |
BNP Paribas | 3,998 | (2,251 ) | (1,747 ) | — | — |
Citibank | 6,902 | (1,168 ) | (5,734 ) | — | — |
Goldman Sachs | 13,211 | — | (12,495 ) | — | 716 |
HSBC Bank | 1,460 | (1,460 ) | — | — | — |
JPMorgan Chase | 2,090 | (2,090 ) | — | — | — |
Morgan Stanley | 3,713 | (2,109 ) | (1,490 ) | — | 114 |
Standard Chartered Bank | 2,077 | (21 ) | (2,056 ) | — | — |
UBS AG | 885 | (885 ) | — | — | — |
Total | $49,250 | $ (12,387 ) | $ (36,033 ) | $ — | $830 |
American Funds Global Balanced Fund | 37 |
Undistributed ordinary income | $53,858 |
Undistributed long-term capital gains | 869,674 |
Gross unrealized appreciation on investments | 5,587,740 |
Gross unrealized depreciation on investments | (1,074,632 ) |
Net unrealized appreciation (depreciation) on investments | 4,513,108 |
Cost of investments | 21,993,396 |
38 | American Funds Global Balanced Fund |
Year ended October 31, | ||
Share class | 2024 | 2023 |
Class A | $94,259 | $83,752 |
Class C | 2,244 | 2,172 |
Class T | — * | — * |
Class F-1 | 1,533 | 1,626 |
Class F-2 | 74,601 | 57,105 |
Class F-3 | 21,242 | 17,334 |
Class 529-A | 5,414 | 4,716 |
Class 529-C | 140 | 142 |
Class 529-E | 167 | 160 |
Class 529-T | — * | — * |
Class 529-F-1 | — * | — * |
Class 529-F-2 | 973 | 797 |
Class 529-F-3 | — * | — * |
Class R-1 | 39 | 34 |
Class R-2 | 451 | 376 |
Class R-2E | 52 | 45 |
Class R-3 | 853 | 719 |
Class R-4 | 790 | 669 |
Class R-5E | 182 | 132 |
Class R-5 | 371 | 399 |
Class R-6 | 343,981 | 294,552 |
Total | $547,292 | $464,730 |
American Funds Global Balanced Fund | 39 |
Share class | Currently approved limits | Plan limits |
Class A | 0.30 % | 0.30 % |
Class 529-A | 0.30 | 0.50 |
Classes C, 529-C and R-1 | 1.00 | 1.00 |
Class R-2 | 0.75 | 1.00 |
Class R-2E | 0.60 | 0.85 |
Classes 529-E and R-3 | 0.50 | 0.75 |
Classes T, F-1, 529-T, 529-F-1 and R-4 | 0.25 | 0.50 |
40 | American Funds Global Balanced Fund |
Share class | Distribution services | Transfer agent services | Administrative services | 529 plan services |
Class A | $13,118 | $4,562 | $1,573 | Not applicable |
Class C | 2,148 | 191 | 65 | Not applicable |
Class T | — | — * | — * | Not applicable |
Class F-1 | 217 | 121 | 27 | Not applicable |
Class F-2 | Not applicable | 3,838 | 1,094 | Not applicable |
Class F-3 | Not applicable | 2 | 298 | Not applicable |
Class 529-A | 716 | 246 | 92 | $172 |
Class 529-C | 141 | 12 | 4 | 8 |
Class 529-E | 54 | 5 | 3 | 6 |
Class 529-T | — | — * | — * | — * |
Class 529-F-1 | — | — * | — * | — * |
Class 529-F-2 | Not applicable | 23 | 14 | 27 |
Class 529-F-3 | Not applicable | — | — * | — * |
Class R-1 | 35 | 2 | 1 | Not applicable |
Class R-2 | 306 | 130 | 12 | Not applicable |
Class R-2E | 24 | 8 | 1 | Not applicable |
Class R-3 | 283 | 76 | 17 | Not applicable |
Class R-4 | 108 | 38 | 13 | Not applicable |
Class R-5E | Not applicable | 14 | 3 | Not applicable |
Class R-5 | Not applicable | 9 | 6 | Not applicable |
Class R-6 | Not applicable | 35 | 4,798 | Not applicable |
Total class-specific expenses | $17,150 | $9,312 | $8,021 | $213 |
American Funds Global Balanced Fund | 41 |
Sales* | Reinvestments of distributions | Repurchases* | Net increase (decrease) | |||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares |
Year ended October 31, 2024 | ||||||||
Class A | $243,647 | 6,569 | $92,541 | 2,454 | $(765,657 ) | (20,605 ) | $(429,469 ) | (11,582 ) |
Class C | 16,996 | 460 | 2,234 | 60 | (74,886 ) | (2,024 ) | (55,656 ) | (1,504 ) |
Class T | — | — | — | — | — | — | — | — |
Class F-1 | 7,314 | 197 | 1,508 | 40 | (25,959 ) | (702 ) | (17,137 ) | (465 ) |
Class F-2 | 966,446 | 25,953 | 71,473 | 1,893 | (785,702 ) | (21,057 ) | 252,217 | 6,789 |
Class F-3 | 298,256 | 7,938 | 20,767 | 550 | (227,302 ) | (6,166 ) | 91,721 | 2,322 |
Class 529-A | 28,269 | 763 | 5,411 | 144 | (54,646 ) | (1,471 ) | (20,966 ) | (564 ) |
Class 529-C | 2,687 | 73 | 140 | 4 | (7,518 ) | (204 ) | (4,691 ) | (127 ) |
Class 529-E | 1,390 | 38 | 167 | 4 | (3,057 ) | (83 ) | (1,500 ) | (41 ) |
Class 529-T | — | — | — † | — † | — | — | — † | — † |
Class 529-F-1 | — | — | — † | — † | — | — | — † | — † |
Class 529-F-2 | 10,945 | 294 | 971 | 26 | (13,875 ) | (374 ) | (1,959 ) | (54 ) |
Class 529-F-3 | — | — | — † | — † | — | — | — † | — † |
Class R-1 | 307 | 9 | 39 | 1 | (987 ) | (27 ) | (641 ) | (17 ) |
Class R-2 | 5,476 | 147 | 451 | 12 | (9,788 ) | (263 ) | (3,861 ) | (104 ) |
Class R-2E | 484 | 13 | 52 | 1 | (959 ) | (25 ) | (423 ) | (11 ) |
Class R-3 | 8,048 | 216 | 849 | 23 | (10,505 ) | (282 ) | (1,608 ) | (43 ) |
Class R-4 | 5,408 | 146 | 789 | 21 | (7,654 ) | (206 ) | (1,457 ) | (39 ) |
Class R-5E | 2,500 | 67 | 182 | 5 | (2,317 ) | (61 ) | 365 | 11 |
Class R-5 | 2,693 | 71 | 368 | 10 | (4,487 ) | (120 ) | (1,426 ) | (39 ) |
Class R-6 | 1,863,244 | 50,284 | 343,953 | 9,134 | (4,470,147 ) | (121,199 ) | (2,262,950 ) | (61,781 ) |
Total net increase (decrease) | $3,464,110 | 93,238 | $541,895 | 14,382 | $(6,465,446 ) | (174,869 ) | $(2,459,441 ) | (67,249 ) |
42 | American Funds Global Balanced Fund |
Sales | Reinvestments of distributions | Repurchases | Net increase (decrease) | |||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares |
Year ended October 31, 2023 | ||||||||
Class A | $279,656 | 8,355 | $82,312 | 2,467 | $(722,086 ) | (21,654 ) | $(360,118 ) | (10,832 ) |
Class C | 19,970 | 598 | 2,160 | 65 | (88,562 ) | (2,649 ) | (66,432 ) | (1,986 ) |
Class T | — | — | — | — | — | — | — | — |
Class F-1 | 6,790 | 202 | 1,599 | 48 | (36,585 ) | (1,097 ) | (28,196 ) | (847 ) |
Class F-2 | 767,406 | 22,818 | 54,289 | 1,627 | (644,663 ) | (19,276 ) | 177,032 | 5,169 |
Class F-3 | 188,522 | 5,662 | 16,827 | 505 | (156,221 ) | (4,664 ) | 49,128 | 1,503 |
Class 529-A | 28,874 | 862 | 4,712 | 142 | (47,662 ) | (1,419 ) | (14,076 ) | (415 ) |
Class 529-C | 3,038 | 91 | 142 | 4 | (8,705 ) | (260 ) | (5,525 ) | (165 ) |
Class 529-E | 1,117 | 33 | 159 | 5 | (2,793 ) | (82 ) | (1,517 ) | (44 ) |
Class 529-T | — | — | — † | — † | — | — | — † | — † |
Class 529-F-1 | — | — | — † | — † | — | — | — † | — † |
Class 529-F-2 | 10,359 | 306 | 797 | 24 | (8,323 ) | (247 ) | 2,833 | 83 |
Class 529-F-3 | — | — | — † | — † | — | — | — † | — † |
Class R-1 | 349 | 10 | 34 | 1 | (411 ) | (12 ) | (28 ) | (1 ) |
Class R-2 | 6,443 | 193 | 375 | 12 | (11,533 ) | (344 ) | (4,715 ) | (139 ) |
Class R-2E | 635 | 19 | 45 | 1 | (601 ) | (18 ) | 79 | 2 |
Class R-3 | 10,159 | 302 | 717 | 21 | (11,729 ) | (351 ) | (853 ) | (28 ) |
Class R-4 | 4,876 | 146 | 667 | 20 | (7,226 ) | (215 ) | (1,683 ) | (49 ) |
Class R-5E | 2,190 | 66 | 132 | 4 | (1,504 ) | (46 ) | 818 | 24 |
Class R-5 | 3,286 | 97 | 393 | 12 | (8,553 ) | (257 ) | (4,874 ) | (148 ) |
Class R-6 | 1,599,826 | 47,094 | 294,527 | 8,825 | (500,189 ) | (14,892 ) | 1,394,164 | 41,027 |
Total net increase (decrease) | $2,933,496 | 86,854 | $459,887 | 13,783 | $(2,257,346 ) | (67,483 ) | $1,136,037 | 33,154 |
if any, of $28,297,951,000 and $29,433,633,000, respectively, during the year ended October 31, 2024.
American Funds Global Balanced Fund | 43 |
Income (loss) from investment operations1 | Dividends and distributions | ||||||||||||
Year ended | Net asset value, beginning of year | Net investment income (loss) | Net gains (losses) on securities (both realized and unrealized) | Total from investment operations | Dividends (from net investment income) | Distributions (from capital gains) | Total dividends and distributions | Net asset value, end of year | Total return2,3 | Net assets, end of year (in millions) | Ratio of expenses to average net assets before reimbursement4 | Ratio of expenses to average net assets after reimbursement3,4 | Ratio of net income (loss) to average net assets3 |
Class A: | |||||||||||||
10/31/2024 | $32.54 | $.89 | $5.97 | $6.86 | $(.67 ) | $— | $(.67 ) | $38.73 | 21.16 % | $5,243 | .81 % | .81 % | 2.39 % |
10/31/2023 | 30.93 | .79 | 1.38 | 2.17 | (.56 ) | — | (.56 ) | 32.54 | 6.97 | 4,782 | .82 | .82 | 2.35 |
10/31/2022 | 39.99 | .59 | (7.43 ) | (6.84 ) | (.58 ) | (1.64 ) | (2.22 ) | 30.93 | (17.99 ) | 4,881 | .81 | .81 | 1.68 |
10/31/2021 | 33.54 | .62 | 6.45 | 7.07 | (.62 ) | — | (.62 ) | 39.99 | 21.16 | 6,402 | .82 | .82 | 1.61 |
10/31/2020 | 32.93 | .59 | .50 | 1.09 | (.48 ) | — | (.48 ) | 33.54 | 3.36 | 5,282 | .83 | .83 | 1.76 |
Class C: | |||||||||||||
10/31/2024 | 32.47 | .61 | 5.95 | 6.56 | (.39 ) | — | (.39 ) | 38.64 | 20.24 | 198 | 1.56 | 1.56 | 1.65 |
10/31/2023 | 30.85 | .53 | 1.38 | 1.91 | (.29 ) | — | (.29 ) | 32.47 | 6.18 | 216 | 1.57 | 1.57 | 1.58 |
10/31/2022 | 39.91 | .32 | (7.41 ) | (7.09 ) | (.33 ) | (1.64 ) | (1.97 ) | 30.85 | (18.60 ) | 266 | 1.55 | 1.55 | .92 |
10/31/2021 | 33.47 | .34 | 6.43 | 6.77 | (.33 ) | — | (.33 ) | 39.91 | 20.26 | 417 | 1.55 | 1.55 | .87 |
10/31/2020 | 32.85 | .35 | .49 | .84 | (.22 ) | — | (.22 ) | 33.47 | 2.58 | 401 | 1.57 | 1.57 | 1.07 |
Class T: | |||||||||||||
10/31/2024 | 32.48 | .98 | 5.96 | 6.94 | (.77 ) | — | (.77 ) | 38.65 | 21.44 5 | — 6 | .56 5 | .56 5 | 2.65 5 |
10/31/2023 | 30.87 | .88 | 1.38 | 2.26 | (.65 ) | — | (.65 ) | 32.48 | 7.25 5 | — 6 | .54 5 | .54 5 | 2.62 5 |
10/31/2022 | 39.93 | .68 | (7.43 ) | (6.75 ) | (.67 ) | (1.64 ) | (2.31 ) | 30.87 | (17.73 )5 | — 6 | .54 5 | .54 5 | 1.96 5 |
10/31/2021 | 33.49 | .71 | 6.44 | 7.15 | (.71 ) | — | (.71 ) | 39.93 | 21.44 5 | — 6 | .56 5 | .56 5 | 1.85 5 |
10/31/2020 | 32.91 | .65 | .49 | 1.14 | (.56 ) | — | (.56 ) | 33.49 | 3.55 5 | — 6 | .58 5 | .58 5 | 1.97 5 |
Class F-1: | |||||||||||||
10/31/2024 | 32.56 | .87 | 5.98 | 6.85 | (.65 ) | — | (.65 ) | 38.76 | 21.12 | 84 | .86 | .86 | 2.34 |
10/31/2023 | 30.95 | .78 | 1.37 | 2.15 | (.54 ) | — | (.54 ) | 32.56 | 6.90 | 86 | .86 | .86 | 2.31 |
10/31/2022 | 40.01 | .57 | (7.43 ) | (6.86 ) | (.56 ) | (1.64 ) | (2.20 ) | 30.95 | (18.02 ) | 108 | .85 | .85 | 1.64 |
10/31/2021 | 33.55 | .61 | 6.45 | 7.06 | (.60 ) | — | (.60 ) | 40.01 | 21.11 | 153 | .85 | .85 | 1.58 |
10/31/2020 | 32.95 | .58 | .49 | 1.07 | (.47 ) | — | (.47 ) | 33.55 | 3.33 | 150 | .86 | .86 | 1.75 |
Class F-2: | |||||||||||||
10/31/2024 | 32.55 | .98 | 5.97 | 6.95 | (.76 ) | — | (.76 ) | 38.74 | 21.43 | 3,906 | .58 | .58 | 2.63 |
10/31/2023 | 30.94 | .87 | 1.37 | 2.24 | (.63 ) | — | (.63 ) | 32.55 | 7.22 | 3,061 | .59 | .59 | 2.58 |
10/31/2022 | 40.01 | .67 | (7.44 ) | (6.77 ) | (.66 ) | (1.64 ) | (2.30 ) | 30.94 | (17.78 ) | 2,750 | .58 | .58 | 1.93 |
10/31/2021 | 33.55 | .72 | 6.45 | 7.17 | (.71 ) | — | (.71 ) | 40.01 | 21.45 | 3,121 | .58 | .58 | 1.86 |
10/31/2020 | 32.95 | .67 | .49 | 1.16 | (.56 ) | — | (.56 ) | 33.55 | 3.59 | 2,107 | .59 | .59 | 2.01 |
Class F-3: | |||||||||||||
10/31/2024 | 32.53 | 1.01 | 5.97 | 6.98 | (.80 ) | — | (.80 ) | 38.71 | 21.54 | 1,115 | .48 | .48 | 2.72 |
10/31/2023 | 30.92 | .90 | 1.38 | 2.28 | (.67 ) | — | (.67 ) | 32.53 | 7.34 | 861 | .48 | .48 | 2.69 |
10/31/2022 | 39.99 | .71 | (7.44 ) | (6.73 ) | (.70 ) | (1.64 ) | (2.34 ) | 30.92 | (17.70 ) | 772 | .48 | .48 | 2.02 |
10/31/2021 | 33.53 | .76 | 6.44 | 7.20 | (.74 ) | — | (.74 ) | 39.99 | 21.58 | 960 | .48 | .48 | 1.96 |
10/31/2020 | 32.93 | .70 | .49 | 1.19 | (.59 ) | — | (.59 ) | 33.53 | 3.71 | 673 | .49 | .49 | 2.11 |
Class 529-A: | |||||||||||||
10/31/2024 | 32.52 | .88 | 5.95 | 6.83 | (.66 ) | — | (.66 ) | 38.69 | 21.10 | 307 | .85 | .85 | 2.36 |
10/31/2023 | 30.90 | .78 | 1.38 | 2.16 | (.54 ) | — | (.54 ) | 32.52 | 6.93 | 276 | .86 | .86 | 2.31 |
10/31/2022 | 39.97 | .58 | (7.44 ) | (6.86 ) | (.57 ) | (1.64 ) | (2.21 ) | 30.90 | (17.99 ) | 275 | .84 | .84 | 1.66 |
10/31/2021 | 33.52 | .61 | 6.44 | 7.05 | (.60 ) | — | (.60 ) | 39.97 | 21.12 | 349 | .85 | .85 | 1.59 |
10/31/2020 | 32.91 | .57 | .51 | 1.08 | (.47 ) | — | (.47 ) | 33.52 | 3.34 | 287 | .86 | .86 | 1.72 |
44 | American Funds Global Balanced Fund |
Income (loss) from investment operations1 | Dividends and distributions | ||||||||||||
Year ended | Net asset value, beginning of year | Net investment income (loss) | Net gains (losses) on securities (both realized and unrealized) | Total from investment operations | Dividends (from net investment income) | Distributions (from capital gains) | Total dividends and distributions | Net asset value, end of year | Total return2,3 | Net assets, end of year (in millions) | Ratio of expenses to average net assets before reimbursement4 | Ratio of expenses to average net assets after reimbursement3,4 | Ratio of net income (loss) to average net assets3 |
Class 529-C: | |||||||||||||
10/31/2024 | $32.42 | $.59 | $5.95 | $6.54 | $(.37 ) | $— | $(.37 ) | $38.59 | 20.21 % | $13 | 1.60 % | 1.60 % | 1.61 % |
10/31/2023 | 30.80 | .51 | 1.38 | 1.89 | (.27 ) | — | (.27 ) | 32.42 | 6.09 | 15 | 1.62 | 1.62 | 1.53 |
10/31/2022 | 39.85 | .30 | (7.40 ) | (7.10 ) | (.31 ) | (1.64 ) | (1.95 ) | 30.80 | (18.62 ) | 19 | 1.60 | 1.60 | .87 |
10/31/2021 | 33.42 | .32 | 6.42 | 6.74 | (.31 ) | — | (.31 ) | 39.85 | 20.24 | 31 | 1.59 | 1.59 | .83 |
10/31/2020 | 32.79 | .36 | .47 | .83 | (.20 ) | — | (.20 ) | 33.42 | 2.54 | 32 | 1.62 | 1.62 | 1.08 |
Class 529-E: | |||||||||||||
10/31/2024 | 32.49 | .79 | 5.96 | 6.75 | (.58 ) | — | (.58 ) | 38.66 | 20.82 | 11 | 1.07 | 1.07 | 2.14 |
10/31/2023 | 30.88 | .70 | 1.38 | 2.08 | (.47 ) | — | (.47 ) | 32.49 | 6.69 | 10 | 1.08 | 1.08 | 2.08 |
10/31/2022 | 39.93 | .50 | (7.42 ) | (6.92 ) | (.49 ) | (1.64 ) | (2.13 ) | 30.88 | (18.18 ) | 11 | 1.07 | 1.07 | 1.43 |
10/31/2021 | 33.49 | .53 | 6.43 | 6.96 | (.52 ) | — | (.52 ) | 39.93 | 20.85 | 15 | 1.07 | 1.07 | 1.37 |
10/31/2020 | 32.88 | .51 | .50 | 1.01 | (.40 ) | — | (.40 ) | 33.49 | 3.11 | 12 | 1.08 | 1.08 | 1.52 |
Class 529-T: | |||||||||||||
10/31/2024 | 32.48 | .97 | 5.96 | 6.93 | (.75 ) | — | (.75 ) | 38.66 | 21.42 5 | — 6 | .61 5 | .61 5 | 2.62 5 |
10/31/2023 | 30.87 | .86 | 1.38 | 2.24 | (.63 ) | — | (.63 ) | 32.48 | 7.18 5 | — 6 | .61 5 | .61 5 | 2.55 5 |
10/31/2022 | 39.93 | .66 | (7.42 ) | (6.76 ) | (.66 ) | (1.64 ) | (2.30 ) | 30.87 | (17.79 )5 | — 6 | .59 5 | .59 5 | 1.89 5 |
10/31/2021 | 33.49 | .70 | 6.43 | 7.13 | (.69 ) | — | (.69 ) | 39.93 | 21.42 5 | — 6 | .61 5 | .61 5 | 1.80 5 |
10/31/2020 | 32.91 | .64 | .49 | 1.13 | (.55 ) | — | (.55 ) | 33.49 | 3.50 5 | — 6 | .63 5 | .63 5 | 1.92 5 |
Class 529-F-1: | |||||||||||||
10/31/2024 | 32.52 | .94 | 5.97 | 6.91 | (.73 ) | — | (.73 ) | 38.70 | 21.31 5 | — 6 | .67 5 | .67 5 | 2.53 5 |
10/31/2023 | 30.92 | .83 | 1.37 | 2.20 | (.60 ) | — | (.60 ) | 32.52 | 7.09 5 | — 6 | .68 5 | .68 5 | 2.47 5 |
10/31/2022 | 39.98 | .64 | (7.43 ) | (6.79 ) | (.63 ) | (1.64 ) | (2.27 ) | 30.92 | (17.87 )5 | — 6 | .67 5 | .67 5 | 1.83 5 |
10/31/2021 | 33.53 | .69 | 6.45 | 7.14 | (.69 ) | — | (.69 ) | 39.98 | 21.40 5 | — 6 | .65 5 | .65 5 | 1.80 5 |
10/31/2020 | 32.93 | .65 | .50 | 1.15 | (.55 ) | — | (.55 ) | 33.53 | 3.56 5 | — 6 | .63 5 | .63 5 | 1.96 5 |
Class 529-F-2: | |||||||||||||
10/31/2024 | 32.53 | .98 | 5.97 | 6.95 | (.76 ) | — | (.76 ) | 38.72 | 21.45 | 49 | .58 | .58 | 2.63 |
10/31/2023 | 30.92 | .87 | 1.38 | 2.25 | (.64 ) | — | (.64 ) | 32.53 | 7.20 | 43 | .57 | .57 | 2.59 |
10/31/2022 | 39.99 | .67 | (7.44 ) | (6.77 ) | (.66 ) | (1.64 ) | (2.30 ) | 30.92 | (17.78 ) | 38 | .57 | .57 | 1.93 |
10/31/2021 | 33.54 | .71 | 6.44 | 7.15 | (.70 ) | — | (.70 ) | 39.99 | 21.43 | 46 | .60 | .60 | 1.84 |
10/31/20207,8 | 33.54 | — | — | — | — | — | — | 33.54 | — | 36 | — | — | — |
Class 529-F-3: | |||||||||||||
10/31/2024 | 32.54 | .99 | 5.97 | 6.96 | (.78 ) | — | (.78 ) | 38.72 | 21.46 | — 6 | .54 | .54 | 2.67 |
10/31/2023 | 30.93 | .88 | 1.38 | 2.26 | (.65 ) | — | (.65 ) | 32.54 | 7.26 | — 6 | .55 | .55 | 2.62 |
10/31/2022 | 40.00 | .69 | (7.45 ) | (6.76 ) | (.67 ) | (1.64 ) | (2.31 ) | 30.93 | (17.75 ) | — 6 | .54 | .54 | 1.97 |
10/31/2021 | 33.54 | .73 | 6.45 | 7.18 | (.72 ) | — | (.72 ) | 40.00 | 21.50 | — 6 | .59 | .54 | 1.90 |
10/31/20207,8 | 33.54 | — | — | — | — | — | — | 33.54 | — | — 6 | — | — | — |
Class R-1: | |||||||||||||
10/31/2024 | 32.48 | .62 | 5.96 | 6.58 | (.41 ) | — | (.41 ) | 38.65 | 20.29 | 3 | 1.54 | 1.54 | 1.67 |
10/31/2023 | 30.87 | .54 | 1.38 | 1.92 | (.31 ) | — | (.31 ) | 32.48 | 6.20 | 4 | 1.55 | 1.55 | 1.62 |
10/31/2022 | 39.92 | .34 | (7.42 ) | (7.08 ) | (.33 ) | (1.64 ) | (1.97 ) | 30.87 | (18.58 ) | 3 | 1.52 | 1.52 | .96 |
10/31/2021 | 33.49 | .35 | 6.42 | 6.77 | (.34 ) | — | (.34 ) | 39.92 | 20.27 | 5 | 1.55 | 1.55 | .90 |
10/31/2020 | 32.88 | .34 | .50 | .84 | (.23 ) | — | (.23 ) | 33.49 | 2.56 | 5 | 1.59 | 1.59 | 1.01 |
American Funds Global Balanced Fund | 45 |
Income (loss) from investment operations1 | Dividends and distributions | ||||||||||||
Year ended | Net asset value, beginning of year | Net investment income (loss) | Net gains (losses) on securities (both realized and unrealized) | Total from investment operations | Dividends (from net investment income) | Distributions (from capital gains) | Total dividends and distributions | Net asset value, end of year | Total return2,3 | Net assets, end of year (in millions) | Ratio of expenses to average net assets before reimbursement4 | Ratio of expenses to average net assets after reimbursement3,4 | Ratio of net income (loss) to average net assets3 |
Class R-2: | |||||||||||||
10/31/2024 | $32.39 | $.62 | $5.93 | $6.55 | $(.41 ) | $— | $(.41 ) | $38.53 | 20.26 % | $40 | 1.55 % | 1.55 % | 1.66 % |
10/31/2023 | 30.78 | .54 | 1.38 | 1.92 | (.31 ) | — | (.31 ) | 32.39 | 6.18 | 37 | 1.55 | 1.55 | 1.62 |
10/31/2022 | 39.83 | .33 | (7.40 ) | (7.07 ) | (.34 ) | (1.64 ) | (1.98 ) | 30.78 | (18.58 ) | 40 | 1.55 | 1.55 | .96 |
10/31/2021 | 33.41 | .34 | 6.42 | 6.76 | (.34 ) | — | (.34 ) | 39.83 | 20.26 | 51 | 1.56 | 1.56 | .88 |
10/31/2020 | 32.80 | .34 | .50 | .84 | (.23 ) | — | (.23 ) | 33.41 | 2.61 | 42 | 1.58 | 1.58 | 1.02 |
Class R-2E: | |||||||||||||
10/31/2024 | 32.45 | .72 | 5.94 | 6.66 | (.50 ) | — | (.50 ) | 38.61 | 20.57 | 4 | 1.28 | 1.28 | 1.94 |
10/31/2023 | 30.84 | .63 | 1.38 | 2.01 | (.40 ) | — | (.40 ) | 32.45 | 6.49 | 4 | 1.28 | 1.28 | 1.89 |
10/31/2022 | 39.89 | .43 | (7.43 ) | (7.00 ) | (.41 ) | (1.64 ) | (2.05 ) | 30.84 | (18.38 ) | 3 | 1.28 | 1.28 | 1.24 |
10/31/2021 | 33.46 | .45 | 6.43 | 6.88 | (.45 ) | — | (.45 ) | 39.89 | 20.59 | 3 | 1.28 | 1.28 | 1.17 |
10/31/2020 | 32.86 | .43 | .50 | .93 | (.33 ) | — | (.33 ) | 33.46 | 2.86 | 3 | 1.30 | 1.30 | 1.31 |
Class R-3: | |||||||||||||
10/31/2024 | 32.48 | .78 | 5.95 | 6.73 | (.56 ) | — | (.56 ) | 38.65 | 20.79 | 58 | 1.11 | 1.11 | 2.09 |
10/31/2023 | 30.87 | .69 | 1.38 | 2.07 | (.46 ) | — | (.46 ) | 32.48 | 6.63 | 50 | 1.12 | 1.12 | 2.06 |
10/31/2022 | 39.92 | .48 | (7.42 ) | (6.94 ) | (.47 ) | (1.64 ) | (2.11 ) | 30.87 | (18.21 ) | 49 | 1.11 | 1.11 | 1.39 |
10/31/2021 | 33.48 | .50 | 6.44 | 6.94 | (.50 ) | — | (.50 ) | 39.92 | 20.79 | 63 | 1.12 | 1.12 | 1.31 |
10/31/2020 | 32.87 | .49 | .50 | .99 | (.38 ) | — | (.38 ) | 33.48 | 3.06 | 58 | 1.13 | 1.13 | 1.47 |
Class R-4: | |||||||||||||
10/31/2024 | 32.54 | .89 | 5.96 | 6.85 | (.67 ) | — | (.67 ) | 38.72 | 21.14 | 44 | .82 | .82 | 2.39 |
10/31/2023 | 30.93 | .79 | 1.38 | 2.17 | (.56 ) | — | (.56 ) | 32.54 | 6.97 | 39 | .82 | .82 | 2.35 |
10/31/2022 | 39.99 | .59 | (7.44 ) | (6.85 ) | (.57 ) | (1.64 ) | (2.21 ) | 30.93 | (17.97 ) | 38 | .81 | .81 | 1.68 |
10/31/2021 | 33.53 | .62 | 6.45 | 7.07 | (.61 ) | — | (.61 ) | 39.99 | 21.14 | 50 | .82 | .82 | 1.61 |
10/31/2020 | 32.93 | .59 | .49 | 1.08 | (.48 ) | — | (.48 ) | 33.53 | 3.36 | 43 | .83 | .83 | 1.77 |
Class R-5E: | |||||||||||||
10/31/2024 | 32.51 | .96 | 5.96 | 6.92 | (.74 ) | — | (.74 ) | 38.69 | 21.37 | 9 | .63 | .63 | 2.59 |
10/31/2023 | 30.90 | .86 | 1.37 | 2.23 | (.62 ) | — | (.62 ) | 32.51 | 7.17 | 7 | .63 | .63 | 2.55 |
10/31/2022 | 39.96 | .65 | (7.43 ) | (6.78 ) | (.64 ) | (1.64 ) | (2.28 ) | 30.90 | (17.82 ) | 6 | .63 | .63 | 1.86 |
10/31/2021 | 33.51 | .70 | 6.44 | 7.14 | (.69 ) | — | (.69 ) | 39.96 | 21.39 | 8 | .63 | .63 | 1.80 |
10/31/2020 | 32.92 | .65 | .48 | 1.13 | (.54 ) | — | (.54 ) | 33.51 | 3.55 | 4 | .64 | .64 | 1.95 |
Class R-5: | |||||||||||||
10/31/2024 | 32.59 | 1.00 | 5.97 | 6.97 | (.78 ) | — | (.78 ) | 38.78 | 21.51 | 18 | .53 | .53 | 2.69 |
10/31/2023 | 30.97 | .89 | 1.38 | 2.27 | (.65 ) | — | (.65 ) | 32.59 | 7.27 | 16 | .53 | .53 | 2.64 |
10/31/2022 | 40.05 | .69 | (7.45 ) | (6.76 ) | (.68 ) | (1.64 ) | (2.32 ) | 30.97 | (17.74 ) | 20 | .52 | .52 | 1.96 |
10/31/2021 | 33.58 | .75 | 6.45 | 7.20 | (.73 ) | — | (.73 ) | 40.05 | 21.49 | 27 | .53 | .53 | 1.93 |
10/31/2020 | 32.98 | .68 | .50 | 1.18 | (.58 ) | — | (.58 ) | 33.58 | 3.68 | 22 | .54 | .54 | 2.05 |
Class R-6: | |||||||||||||
10/31/2024 | 32.56 | 1.02 | 5.97 | 6.99 | (.80 ) | — | (.80 ) | 38.75 | 21.55 | 15,516 | .48 | .48 | 2.74 |
10/31/2023 | 30.95 | .90 | 1.38 | 2.28 | (.67 ) | — | (.67 ) | 32.56 | 7.33 | 15,048 | .48 | .48 | 2.69 |
10/31/2022 | 40.02 | .71 | (7.44 ) | (6.73 ) | (.70 ) | (1.64 ) | (2.34 ) | 30.95 | (17.71 ) | 13,034 | .48 | .48 | 2.03 |
10/31/2021 | 33.56 | .76 | 6.44 | 7.20 | (.74 ) | — | (.74 ) | 40.02 | 21.59 | 14,265 | .48 | .48 | 1.96 |
10/31/2020 | 32.96 | .70 | .49 | 1.19 | (.59 ) | — | (.59 ) | 33.56 | 3.71 | 11,295 | .49 | .49 | 2.11 |
46 | American Funds Global Balanced Fund |
Portfolio turnover rate for all share classes9,10 | Year ended October 31, | ||||
2024 | 2023 | 2022 | 2021 | 2020 | |
Excluding mortgage dollar roll transactions | 44 % | 44 % | 43 % | 56 % | 65 % |
Including mortgage dollar roll transactions | 114 % | 91 % | 61 % | 69 % | 83 % |
1 | Based on average shares outstanding. |
2 | Total returns exclude any applicable sales charges, including contingent deferred sales charges. |
3 | This column reflects the impact, if any, of certain reimbursements from CRMC. During one of the years shown, CRMC reimbursed a portion of transfer agent services fees for Class 529-F-3 shares. |
4 | Ratios do not include expenses of any Central Funds. The fund indirectly bears its proportionate share of the expenses of any Central Funds. |
5 | All or a significant portion of assets in this class consisted of seed capital invested by CRMC and/or its affiliates. Fees for distribution services are not charged or accrued on these seed capital assets. If such fees were paid by the fund on seed capital assets, fund expenses would have been higher and net income and total return would have been lower. |
6 | Amount less than $1 million. |
7 | Based on operations for a period that is less than a full year. |
8 | Class 529-F-2 and 529-F-3 shares began investment operations on October 30, 2020. |
9 | Rates do not include the fund’s portfolio activity with respect to any Central Funds. |
10 | Refer to Note 5 for more information on mortgage dollar rolls. |
American Funds Global Balanced Fund | 47 |
48 | American Funds Global Balanced Fund |
Long-term capital gains | $21,399,000 |
Qualified dividend income | $413,882,000 |
Section 199A dividends | $2,449,000 |
Section 163(j) interest dividends | $369,138,000 |
Corporate dividends received deduction | $158,475,000 |
U.S. government income that may be exempt from state taxation | $91,653,000 |
49 |
50 | American Funds Global Balanced Fund |
ITEM 8 - Changes in and Disagreements with Accountants for Open-End Management Investment Companies
Not applicable
ITEM 9 - Proxy Disclosures for Open-End Management Investment Companies
Not applicable
ITEM 10 - Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
The information is included as part of the material filed under Item 7 of this Form.
ITEM 11 - Statement Regarding Basis for Approval of Investment Advisory Contract
Not applicable
ITEM 12 - Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.
ITEM 13 - Portfolio Managers of Closed-End Management Investment Companies
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.
ITEM 14 - Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.
ITEM 15 - Submission of Matters to a Vote of Security Holders
There have been no material changes to the procedures by which shareholders may recommend nominees to the Registrant’s board of trustees since the Registrant last submitted a proxy statement to its shareholders. The procedures are as follows. The Registrant has a nominating and governance committee comprised solely of persons who are not considered ‘‘interested persons’’ of the Registrant within the meaning of the Investment Company Act of 1940, as amended. The committee periodically reviews such issues as the board’s composition, responsibilities, committees, compensation and other relevant issues, and recommends any appropriate changes to the full board of trustees. While the committee normally is able to identify from its own resources an ample number of qualified candidates, it will consider shareholder suggestions of persons to be considered as nominees to fill future vacancies on the board. Such suggestions must be sent in writing to the nominating and governance committee of the Registrant, c/o the Registrant’s Secretary, and must be accompanied by complete biographical and occupational data on the prospective nominee, along with a written consent of the prospective nominee for consideration of his or her name by the nominating and governance committee.
ITEM 16 - Controls and Procedures
(a) The Registrant’s Principal Executive Officer and Principal Financial Officer have concluded, based on their evaluation of the Registrant’s disclosure controls and procedures (as such term is defined in Rule 30a-3 under the Investment Company Act of 1940), that such controls and procedures are adequate and reasonably designed to achieve the purposes described in paragraph (c) of such rule.
(b) There were no changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s semi-annual period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
ITEM 17 - Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.
ITEM 18 - Recovery of Erroneously Awarded Compensation
Not applicable
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
American Funds Global Balanced Fund
By /s/ Donald H. Rolfe
Donald H. Rolfe,
Principal Executive Officer
Date: January 07, 2025
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
By /s/ Donald H. Rolfe
Donald H. Rolfe,
Principal Executive Officer
Date: January 07, 2025
By /s/ Hong T. Le
Hong T. Le, Treasurer and
Principal Financial Officer
Date: January 07, 2025