American Funds Portfolio Series
American Funds® Global Growth Portfolio
Investment portfolio
July 31, 2023
American Funds® Global Growth Portfolio
Investment portfolio
July 31, 2023
unaudited
Fund investments Growth funds 80% | Shares | Value (000) |
New Perspective Fund, Class R-6 | 18,993,902 | $1,085,122 |
The Growth Fund of America, Class R-6 | 12,929,011 | 821,768 |
The New Economy Fund, Class R-6 | 15,321,859 | 821,099 |
SMALLCAP World Fund, Inc., Class R-6 | 12,106,658 | 818,652 |
EuroPacific Growth Fund, Class R-6 | 9,644,621 | 544,246 |
New World Fund, Inc., Class R-6 | 3,516,688 | 271,066 |
4,361,953 | ||
Growth-and-income funds 20% | ||
Capital World Growth and Income Fund, Class R-6 | 18,400,775 | 1,089,694 |
Total investment securities 100% (cost: $4,524,603,000) | 5,451,647 | |
Other assets less liabilities 0% | (1,355 ) | |
Net assets 100% | $5,450,292 |
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 80% | ||||||||
New Perspective Fund, Class R-6 | $904,150 | $40,738 | $42,360 | $(9,096 ) | $191,690 | $1,085,122 | $10,812 | $29,737 |
The Growth Fund of America, Class R-6 | 674,041 | 41,144 | 37,679 | (7,475 ) | 151,737 | 821,768 | 4,576 | 23,573 |
The New Economy Fund, Class R-6 | 676,709 | 2,194 | 15,735 | (4,130 ) | 162,061 | 821,099 | 2,193 | — |
SMALLCAP World Fund, Inc., Class R-6 | 680,818 | 26,392 | 14,458 | (6,444 ) | 132,344 | 818,652 | 2,309 | — |
EuroPacific Growth Fund, Class R-6 | 674,770 | 19,666 | 291,555 | (47,724 ) | 189,089 | 544,246 | 13,167 | — |
New World Fund, Inc., Class R-6 | — | 258,476 | — | — | 12,590 | 271,066 | — | — |
4,361,953 | ||||||||
Growth-and-income funds 20% | ||||||||
Capital World Growth and Income Fund, Class R-6 | 906,561 | 33,746 | 41,697 | (6,504 ) | 197,588 | 1,089,694 | 18,558 | — |
Total 100% | $(81,373 ) | $1,037,099 | $5,451,647 | $51,615 | $53,310 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Portfolio Series — Page 1 of 11
American Funds® Growth Portfolio
Investment portfolio
July 31, 2023
Investment portfolio
July 31, 2023
unaudited
Fund investments Growth funds 80% | Shares | Value (000) |
The Growth Fund of America, Class R-6 | 61,600,578 | $3,915,333 |
AMCAP Fund, Class R-6 | 81,363,755 | 3,080,432 |
SMALLCAP World Fund, Inc., Class R-6 | 33,912,644 | 2,293,173 |
The New Economy Fund, Class R-6 | 28,434,685 | 1,523,815 |
New Perspective Fund, Class R-6 | 26,635,645 | 1,521,694 |
12,334,447 | ||
Growth-and-income funds 20% | ||
Fundamental Investors, Class R-6 | 43,606,048 | 3,066,813 |
Total investment securities 100% (cost: $13,064,461,000) | 15,401,260 | |
Other assets less liabilities 0% | (4,007 ) | |
Net assets 100% | $15,397,253 |
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 80% | ||||||||
The Growth Fund of America, Class R-6 | $3,088,769 | $189,575 | $33,911 | $(5,511 ) | $676,411 | $3,915,333 | $21,083 | $108,600 |
AMCAP Fund, Class R-6 | 2,475,796 | 21,802 | 3,737 | (784 ) | 587,355 | 3,080,432 | 16,770 | — |
SMALLCAP World Fund, Inc., Class R-6 | 1,871,523 | 123,365 | 50,050 | (24,450 ) | 372,785 | 2,293,173 | 6,356 | — |
The New Economy Fund, Class R-6 | 1,227,918 | 6,831 | — | — | 289,066 | 1,523,815 | 3,980 | — |
New Perspective Fund, Class R-6 | 1,231,941 | 61,591 | 24,118 | (7,017 ) | 259,297 | 1,521,694 | 14,783 | 40,661 |
12,334,447 | ||||||||
Growth-and-income funds 20% | ||||||||
Fundamental Investors, Class R-6 | 2,533,481 | 177,692 | 85,406 | (7,168 ) | 448,214 | 3,066,813 | 39,649 | 62,554 |
Total 100% | $(44,930 ) | $2,633,128 | $15,401,260 | $102,621 | $211,815 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Portfolio Series — Page 2 of 11
American Funds® Growth and Income Portfolio
Investment portfolio
July 31, 2023
Investment portfolio
July 31, 2023
unaudited
Fund investments Growth funds 16% | Shares | Value (000) |
SMALLCAP World Fund, Inc., Class R-6 | 18,318,670 | $1,238,708 |
The Growth Fund of America, Class R-6 | 18,456,616 | 1,173,103 |
2,411,811 | ||
Growth-and-income funds 51% | ||
The Investment Company of America, Class R-6 | 64,602,041 | 3,175,836 |
Capital World Growth and Income Fund, Class R-6 | 53,037,780 | 3,140,897 |
Washington Mutual Investors Fund, Class R-6 | 27,578,758 | 1,541,377 |
7,858,110 | ||
Equity-income funds 9% | ||
Capital Income Builder, Class R-6 | 22,409,136 | 1,471,160 |
Balanced funds 10% | ||
American Balanced Fund, Class R-6 | 47,674,910 | 1,486,027 |
Fixed income funds 14% | ||
American Funds Multi-Sector Income Fund, Class R-6 | 77,893,960 | 708,056 |
The Bond Fund of America, Class R-6 | 62,172,745 | 702,552 |
American Funds Strategic Bond Fund, Class R-6 | 75,546,692 | 700,318 |
2,110,926 | ||
Total investment securities 100% (cost: $13,363,671,000) | 15,338,034 | |
Other assets less liabilities 0% | (3,911 ) | |
Net assets 100% | $15,334,123 |
American Funds Portfolio Series — Page 3 of 11
unaudited
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized (loss) gain (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 16% | ||||||||
SMALLCAP World Fund, Inc., Class R-6 | $1,048,644 | $3,564 | $6,088 | $(2,861 ) | $195,449 | $1,238,708 | $3,565 | $— |
The Growth Fund of America, Class R-6 | 913,631 | 60,099 | 1,556 | (233 ) | 201,162 | 1,173,103 | 6,194 | 31,907 |
2,411,811 | ||||||||
Growth-and-income funds 51% | ||||||||
The Investment Company of America, Class R-6 | 2,661,025 | 122,352 | 111,503 | (11,714 ) | 515,676 | 3,175,836 | 36,734 | 85,618 |
Capital World Growth and Income Fund, Class R-6 | 2,642,702 | 53,777 | 112,045 | (20,267 ) | 576,730 | 3,140,897 | 53,778 | — |
Washington Mutual Investors Fund, Class R-6 | 1,356,958 | 86,114 | 10,236 | (336 ) | 108,877 | 1,541,377 | 24,551 | 55,446 |
7,858,110 | ||||||||
Equity-income funds 9% | ||||||||
Capital Income Builder, Class R-6 | 1,314,776 | 58,613 | 16,706 | (58 ) | 114,535 | 1,471,160 | 42,105 | — |
Balanced funds 10% | ||||||||
American Balanced Fund, Class R-6 | 1,317,000 | 28,679 | — | — | 140,348 | 1,486,027 | 21,378 | — |
Fixed income funds 14% | ||||||||
American Funds Multi-Sector Income Fund, Class R-6 | 637,296 | 45,054 | — | — | 25,706 | 708,056 | 30,890 | — |
The Bond Fund of America, Class R-6 | 633,004 | 58,255 | — | — | 11,293 | 702,552 | 18,515 | — |
American Funds Strategic Bond Fund, Class R-6 | 632,365 | 81,106 | 482 | 6 | (12,677 ) | 700,318 | 31,438 | — |
2,110,926 | ||||||||
Total 100% | $(35,463 ) | $1,877,099 | $15,338,034 | $269,148 | $172,971 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Portfolio Series — Page 4 of 11
American Funds® Moderate Growth and Income Portfolio
Investment portfolio
July 31, 2023
Investment portfolio
July 31, 2023
unaudited
Fund investments Growth funds 10% | Shares | Value (000) |
SMALLCAP World Fund, Inc., Class R-6 | 9,713,722 | $656,842 |
New Perspective Fund, Class R-6 | 11,466,246 | 655,067 |
1,311,909 | ||
Growth-and-income funds 25% | ||
Washington Mutual Investors Fund, Class R-6 | 34,794,395 | 1,944,659 |
Capital World Growth and Income Fund, Class R-6 | 22,004,530 | 1,303,108 |
3,247,767 | ||
Equity-income funds 10% | ||
The Income Fund of America, Class R-6 | 55,134,811 | 1,282,436 |
Balanced funds 40% | ||
American Balanced Fund, Class R-6 | 103,064,671 | 3,212,526 |
American Funds Global Balanced Fund, Class R-6 | 54,365,564 | 1,918,017 |
5,130,543 | ||
Fixed income funds 15% | ||
American Funds Multi-Sector Income Fund, Class R-6 | 69,136,212 | 628,448 |
The Bond Fund of America, Class R-6 | 54,481,732 | 615,643 |
American Funds Strategic Bond Fund, Class R-6 | 66,263,612 | 614,264 |
1,858,355 | ||
Total investment securities 100% (cost: $11,277,529,000) | 12,831,010 | |
Other assets less liabilities 0% | (3,162 ) | |
Net assets 100% | $12,827,848 |
American Funds Portfolio Series — Page 5 of 11
unaudited
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 10% | ||||||||
SMALLCAP World Fund, Inc., Class R-6 | $545,370 | $13,460 | $3,943 | $(1,552 ) | $103,507 | $656,842 | $1,861 | $— |
New Perspective Fund, Class R-6 | 539,257 | 31,090 | 26,925 | (5,343 ) | 116,988 | 655,067 | 6,505 | 17,893 |
1,311,909 | ||||||||
Growth-and-income funds 25% | ||||||||
Washington Mutual Investors Fund, Class R-6 | 1,823,597 | 104,447 | 124,028 | (1,372 ) | 142,015 | 1,944,659 | 32,161 | 71,994 |
Capital World Growth and Income Fund, Class R-6 | 1,133,621 | 23,150 | 92,244 | (11,981 ) | 250,562 | 1,303,108 | 23,150 | — |
3,247,767 | ||||||||
Equity-income funds 10% | ||||||||
The Income Fund of America, Class R-6 | 1,215,031 | 94,542 | 54,923 | (2,405 ) | 30,191 | 1,282,436 | 35,197 | 42,599 |
Balanced funds 40% | ||||||||
American Balanced Fund, Class R-6 | 2,961,082 | 47,416 | 104,542 | (8,216 ) | 316,786 | 3,212,526 | 47,416 | — |
American Funds Global Balanced Fund, Class R-6 | 1,717,750 | 26,786 | 65,188 | (10,654 ) | 249,323 | 1,918,017 | 26,786 | — |
5,130,543 | ||||||||
Fixed income funds 15% | ||||||||
American Funds Multi-Sector Income Fund, Class R-6 | — | 624,321 | — | — | 4,127 | 628,448 | 3,481 | — |
The Bond Fund of America, Class R-6 | 1,147,546 | 56,045 | 614,336 | (77,244 ) | 103,632 | 615,643 | 30,682 | — |
American Funds Strategic Bond Fund, Class R-6 | 573,870 | 51,892 | 615 | (34 ) | (10,849 ) | 614,264 | 28,070 | — |
1,858,355 | ||||||||
Total 100% | $(118,801 ) | $1,306,282 | $12,831,010 | $235,309 | $132,486 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Portfolio Series — Page 6 of 11
American Funds® Conservative Growth and Income Portfolio
Investment portfolio
July 31, 2023
Investment portfolio
July 31, 2023
unaudited
Fund investments Growth-and-income funds 20% | Shares | Value (000) |
Washington Mutual Investors Fund, Class R-6 | 13,249,052 | $740,489 |
American Mutual Fund, Class R-6 | 14,504,956 | 739,463 |
1,479,952 | ||
Equity-income funds 38% | ||
The Income Fund of America, Class R-6 | 60,072,475 | 1,397,286 |
Capital Income Builder, Class R-6 | 21,262,071 | 1,395,855 |
2,793,141 | ||
Fixed income funds 42% | ||
American Funds Multi-Sector Income Fund, Class R-6 | 128,434,338 | 1,167,468 |
The Bond Fund of America, Class R-6 | 100,719,958 | 1,138,135 |
American High-Income Trust, Class R-6 | 79,124,643 | 731,112 |
3,036,715 | ||
Total investment securities 100% (cost: $7,188,061,000) | 7,309,808 | |
Other assets less liabilities 0% | (1,683 ) | |
Net assets 100% | $7,308,125 |
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth-and-income funds 20% | ||||||||
Washington Mutual Investors Fund, Class R-6 | $708,330 | $40,607 | $62,647 | $(2,199 ) | $56,398 | $740,489 | $12,573 | $28,035 |
American Mutual Fund, Class R-6 | 708,531 | 32,943 | 31,004 | (834 ) | 29,827 | 739,463 | 12,970 | 19,973 |
1,479,952 | ||||||||
Equity-income funds 38% | ||||||||
The Income Fund of America, Class R-6 | 1,323,587 | 90,141 | 45,860 | (3,127 ) | 32,545 | 1,397,286 | 39,059 | 47,085 |
Capital Income Builder, Class R-6 | 1,311,608 | 41,075 | 69,254 | (3,332 ) | 115,758 | 1,395,855 | 41,073 | — |
2,793,141 | ||||||||
Fixed income funds 42% | ||||||||
American Funds Multi-Sector Income Fund, Class R-6 | 1,086,423 | 59,656 | 22,254 | (1,153 ) | 44,796 | 1,167,468 | 51,921 | — |
The Bond Fund of America, Class R-6 | 1,074,044 | 69,349 | 25,226 | (361 ) | 20,329 | 1,138,135 | 30,974 | — |
American High-Income Trust, Class R-6 | 685,142 | 42,824 | 13,685 | (193 ) | 17,024 | 731,112 | 34,879 | — |
3,036,715 | ||||||||
Total 100% | $(11,199 ) | $316,677 | $7,309,808 | $223,449 | $95,093 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Portfolio Series — Page 7 of 11
American Funds® Tax-Aware Conservative Growth and Income Portfolio
Investment portfolio
July 31, 2023
Investment portfolio
July 31, 2023
unaudited
Fund investments Growth-and-income funds 51% | Shares | Value (000) |
Capital World Growth and Income Fund, Class R-6 | 15,896,864 | $941,412 |
Washington Mutual Investors Fund, Class R-6 | 12,678,991 | 708,629 |
American Mutual Fund, Class R-6 | 13,817,340 | 704,408 |
2,354,449 | ||
Tax-exempt fixed income funds 49% | ||
American High-Income Municipal Bond Fund, Class R-6 | 77,455,854 | 1,137,051 |
The Tax-Exempt Bond Fund of America, Class R-6 | 55,346,643 | 675,229 |
Limited Term Tax-Exempt Bond Fund of America, Class R-6 | 29,618,677 | 446,650 |
2,258,930 | ||
Total investment securities 100% (cost: $4,311,838,000) | 4,613,379 | |
Other assets less liabilities 0% | (1,039 ) | |
Net assets 100% | $4,612,340 |
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized (loss) gain (000) | Net unrealized appreciation (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth-and-income funds 51% | ||||||||
Capital World Growth and Income Fund, Class R-6 | $864,469 | $16,897 | $115,425 | $(19,912 ) | $195,383 | $941,412 | $16,897 | $— |
Washington Mutual Investors Fund, Class R-6 | 663,123 | 43,886 | 49,429 | (2,480 ) | 53,529 | 708,629 | 11,705 | 26,265 |
American Mutual Fund, Class R-6 | 662,961 | 40,394 | 26,281 | (920 ) | 28,254 | 704,408 | 12,054 | 18,539 |
2,354,449 | ||||||||
Tax-exempt fixed income funds 49% | ||||||||
American High-Income Municipal Bond Fund, Class R-6 | 1,030,347 | 50,149 | 10,886 | (582 ) | 68,023 | 1,137,051 | 32,992 | — |
The Tax-Exempt Bond Fund of America, Class R-6 | 623,510 | 24,124 | 7,430 | (608 ) | 35,633 | 675,229 | 14,397 | — |
Limited Term Tax-Exempt Bond Fund of America, Class R-6 | 420,444 | 16,421 | 1,021 | 8 | 10,798 | 446,650 | 7,004 | — |
2,258,930 | ||||||||
Total 100% | $(24,494 ) | $391,620 | $4,613,379 | $95,049 | $44,804 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Portfolio Series — Page 8 of 11
American Funds® Preservation Portfolio
Investment portfolio
July 31, 2023
Investment portfolio
July 31, 2023
unaudited
Fund investments Fixed income funds 100% | Shares | Value (000) |
Short-Term Bond Fund of America, Class R-6 | 127,010,675 | $1,193,900 |
Intermediate Bond Fund of America, Class R-6 | 79,287,951 | 976,828 |
2,170,728 | ||
Total investment securities 100% (cost: $2,325,361,000) | 2,170,728 | |
Other assets less liabilities 0% | (489 ) | |
Net assets 100% | $2,170,239 |
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Fixed income funds 100% | ||||||||
Short-Term Bond Fund of America, Class R-6 | $1,261,094 | $143,956 | $211,888 | $(11,579 ) | $12,317 | $1,193,900 | $27,802 | $— |
Intermediate Bond Fund of America, Class R-6 | 1,134,985 | 30,651 | 197,697 | (18,418 ) | 27,307 | 976,828 | 27,026 | — |
American Funds Inflation Linked Bond Fund, Class R-62 | 126,109 | 8,574 | 128,777 | (20,431 ) | 14,525 | — | 7,576 | — |
Total 100% | $(50,428 ) | $54,149 | $2,170,728 | $62,404 | $— |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
2 | Affiliated issuer during the reporting period but no longer held at 7/31/2023. |
American Funds Portfolio Series — Page 9 of 11
American Funds® Tax-Exempt Preservation Portfolio
Investment portfolio
July 31, 2023
Investment portfolio
July 31, 2023
unaudited
Fund investments Tax-exempt fixed income funds 100% | Shares | Value (000) |
Limited Term Tax-Exempt Bond Fund of America, Class R-6 | 20,270,195 | $305,674 |
American Funds Short-Term Tax-Exempt Bond Fund, Class R-6 | 20,772,989 | 203,783 |
509,457 | ||
Total investment securities 100% (cost: $532,159,000) | 509,457 | |
Other assets less liabilities 0% | (108 ) | |
Net assets 100% | $509,349 |
Investments in affiliates1
Value of affiliates at 11/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 7/31/2023 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Tax-exempt fixed income funds 100% | ||||||||
Limited Term Tax-Exempt Bond Fund of America, Class R-6 | $359,963 | $15,110 | $78,814 | $(4,770 ) | $14,185 | $305,674 | $5,335 | $— |
American Funds Short-Term Tax-Exempt Bond Fund, Class R-6 | 240,153 | 10,700 | 50,160 | (2,098 ) | 5,188 | 203,783 | 3,541 | — |
Total 100% | $(6,868 ) | $19,373 | $509,457 | $8,876 | $— |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Portfolio Series — Page 10 of 11
unaudited
Valuation disclosures
Security valuation — The net asset value of each share class of each fund is calculated based on the reported net asset values of the underlying funds in which each fund invests. The net asset value of each underlying fund is calculated based on the policies and procedures of the underlying fund contained in each underlying fund’s statement of additional information. The net asset value per share of each fund and each underlying fund is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open.
Processes and structure — The series’ board of trustees has designated the series’ investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser’s global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The series’ board and audit committee also regularly review reports that describe fair value determinations and methods.
Classifications — The series’ investment adviser classifies each fund’s assets and liabilities into three levels based on the method used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. As of July 31, 2023,
all of the investment securities held by each fund were classified as Level 1.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the series prospectus and summary prospectuses, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at capitalgroup.com. Fund shares offered through American Funds Distributors, Inc.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
American Funds Distributors, Inc., member FINRA.
© 2023 Capital Group. All rights reserved.
MFGEFP3-900-0923O-S96480
American Funds Portfolio Series — Page 11 of 11