Irvine, California 92618
Irvine, California 92618
Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Class M | $ 0* | 0.00 % † |
1 year | Since inception 1 | |
Capital Group Central Corporate Bond Fund — Class M 2 | 3.74 % | -2.61 % |
Bloomberg U.S. Aggregate Index 3 | 1.31 | -2.95 |
Fund net assets (in millions) | $ 11,049 |
Tota l n umber of portfolio holdings | 829 |
Total advisory fees paid (in millions) | None |
Portfolio turnover rate | 151 % |
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 Paul S. Williams, 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 |
May 31, 2024 | 67,000 | None | 9,000 | None |
May 31, 2023 | 50,000 | None | 7,000 | None |
Advisor and Affiliates2 |
|
|
|
|
May 31, 2024 | Not Applicable | None | None | None |
May 31, 2023 | Not Applicable | None | None | None |
Registrant, Advisor and Affiliates3 | (g) Aggregate |
non-audit fees | |
May 31, 2024 | 9,000 |
May 31, 2023 | 7,000 |
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
N-CSR Items 7-11
Bonds, notes & other debt instruments 94.15% | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans 86.48% | ||||
Financials 21.38% | ||||
AIB Group PLC 5.871% 3/28/2035 (USD-SOFR + 1.91% on 3/28/2034)1,2 | USD36,347 | $36,110 | ||
American Express Co. 1.65% 11/4/2026 | 29,158 | 26,756 | ||
American Express Co. 2.55% 3/4/2027 | 4,360 | 4,064 | ||
American Express Co. 4.05% 5/3/2029 | 10,617 | 10,184 | ||
American Express Co. 5.532% 4/25/2030 (USD-SOFR + 1.09% on 4/25/2029)2 | 12,130 | 12,246 | ||
American International Group, Inc. 5.125% 3/27/2033 | 14,360 | 14,103 | ||
American International Group, Inc. 4.375% 6/30/2050 | 16,675 | 13,920 | ||
Aon Corp. 5.35% 2/28/2033 | 8,516 | 8,393 | ||
Aon Corp. 3.90% 2/28/2052 | 16,284 | 12,048 | ||
Aon North America, Inc. 5.45% 3/1/2034 | 45,190 | 44,790 | ||
Aon North America, Inc. 5.75% 3/1/2054 | 14,191 | 13,967 | ||
Arthur J. Gallagher & Co. 3.50% 5/20/2051 | 3,452 | 2,352 | ||
Bank of America Corp. 2.456% 10/22/2025 (3-month USD CME Term SOFR + 1.132% on 10/22/2024)2 | 11,162 | 11,019 | ||
Bank of America Corp. 1.898% 7/23/2031 (USD-SOFR + 1.53% on 7/23/2030)2 | 31,458 | 25,694 | ||
Bank of America Corp. 2.299% 7/21/2032 (USD-SOFR + 1.22% on 7/21/2031)2 | 16,563 | 13,483 | ||
Bank of America Corp. 5.872% 9/15/2034 (USD-SOFR + 1.84% on 9/15/2033)2 | 53,935 | 55,170 | ||
Bank of America Corp. 5.468% 1/23/2035 (3-month USD CME Term SOFR + 1.65% on 1/23/2034)2 | 15,533 | 15,437 | ||
Bank of New York Mellon Corp. 5.802% 10/25/2028 (USD-SOFR + 1.802% on 10/25/2027)2 | 15,571 | 15,859 | ||
Bank of New York Mellon Corp. 5.834% 10/25/2033 (USD-SOFR + 2.074% on 10/25/2032)2 | 11,259 | 11,618 | ||
Bank of Nova Scotia (The) 4.75% 2/2/2026 | 23,326 | 23,081 | ||
Barclays PLC 5.69% 3/12/2030 (USD-SOFR + 1.74% on 3/12/2029)2 | 25,726 | 25,719 | ||
Barclays PLC 6.036% 3/12/2055 (USD-SOFR + 2.42% on 3/12/2054)2 | 2,675 | 2,748 | ||
Berkshire Hathaway Finance Corp. 4.20% 8/15/2048 | 13,910 | 11,734 | ||
Berkshire Hathaway Finance Corp. 3.85% 3/15/2052 | 8,398 | 6,461 | ||
BlackRock Funding, Inc. 5.25% 3/14/2054 | 13,593 | 13,113 | ||
BNP Paribas SA 2.159% 9/15/2029 (USD-SOFR + 1.218% on 9/15/2028)1,2 | 7,443 | 6,480 | ||
BNP Paribas SA 5.497% 5/20/2030 (USD-SOFR + 1.59% on 5/20/2029)1,2 | 2,506 | 2,497 | ||
BPCE SA 1.652% 10/6/2026 (USD-SOFR + 1.52% on 10/6/2025)1,2 | 16,217 | 15,325 | ||
BPCE SA 6.612% 10/19/2027 (USD-SOFR + 1.98% on 10/19/2026)1,2 | 17,550 | 17,855 | ||
BPCE SA 5.716% 1/18/2030 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.959% on 1/18/2029)1,2 | 14,417 | 14,416 | ||
BPCE SA 2.277% 1/20/2032 (USD-SOFR + 1.312% on 1/20/2031)1,2 | 33,047 | 26,743 | ||
BPCE SA 5.748% 7/19/2033 (USD-SOFR + 2.865% on 7/19/2032)1,2 | 3,917 | 3,895 | ||
BPCE SA 5.936% 5/30/2035 (USD-SOFR + 1.85% on 5/30/2034)1,2 | 15,236 | 15,240 | ||
CaixaBank, SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029)1,2 | 11,150 | 11,112 | ||
CaixaBank, SA 6.84% 9/13/2034 (USD-SOFR + 2.77% on 9/13/2033)1,2 | 12,275 | 13,028 | ||
CaixaBank, SA 6.037% 6/15/2035 (USD-SOFR + 2.26% on 9/15/2034)1,2 | 23,240 | 23,327 | ||
Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029)2 | 10,691 | 10,690 | ||
Capital One Financial Corp. 6.377% 6/8/2034 (USD-SOFR + 2.86% on 6/8/2033)2 | 9,484 | 9,721 | ||
Capital One Financial Corp. 6.051% 2/1/2035 (USD-SOFR + 2.26% on 2/1/2034)2 | 33,608 | 33,758 | ||
Chubb INA Holdings, LLC 3.35% 5/3/2026 | 8,585 | 8,296 | ||
Chubb INA Holdings, LLC 5.00% 3/15/2034 | 30,019 | 29,618 | ||
Chubb INA Holdings, LLC 4.35% 11/3/2045 | 400 | 345 | ||
Citigroup, Inc. 1.281% 11/3/2025 (USD-SOFR + 0.528% on 11/3/2024)2 | 11,250 | 11,037 | ||
Citigroup, Inc. 2.014% 1/25/2026 (USD-SOFR + 0.694% on 1/25/2025)2 | 11,432 | 11,156 | ||
Citigroup, Inc. 5.174% 2/13/2030 (USD-SOFR + 1.364% on 2/13/2029)2 | 31,575 | 31,279 | ||
Citigroup, Inc. 2.572% 6/3/2031 (USD-SOFR + 2.107% on 6/3/2030)2 | 36,001 | 30,724 | ||
Citigroup, Inc. 2.561% 5/1/2032 (USD-SOFR + 1.167% on 5/1/2031)2 | 15,031 | 12,501 | ||
Citigroup, Inc. 2.52% 11/3/2032 (USD-SOFR + 1.177% on 11/3/2031)2 | 4,678 | 3,838 | ||
Citigroup, Inc. 3.057% 1/25/2033 (USD-SOFR + 1.351% on 1/25/2032)2 | 1,975 | 1,668 | ||
Citigroup, Inc. 4.91% 5/24/2033 (USD-SOFR + 2.086% on 5/24/2032)2 | 529 | 507 | ||
Citizens Financial Group, Inc. 6.645% 4/25/2035 (USD-SOFR + 2.325% on 4/25/2034)2 | 8,263 | 8,483 | ||
Cooperatieve Rabobank UA 2.625% 7/22/20241 | 4,450 | 4,433 | ||
Corebridge Financial, Inc. 3.90% 4/5/2032 | 15,703 | 14,032 | ||
Corebridge Financial, Inc. 4.40% 4/5/2052 | 8,433 | 6,688 | ||
Crédit Agricole SA 4.375% 3/17/20251 | 6,115 | 6,029 | ||
Deutsche Bank AG 2.552% 1/7/2028 (USD-SOFR + 1.318% on 1/7/2027)2 | 5,370 | 4,953 | ||
Fifth Third Bancorp 6.339% 7/27/2029 (USD-SOFR + 2.34% on 7/27/2028)2 | 11,835 | 12,137 | ||
Five Corners Funding Trust III 5.791% 2/15/20331 | 7,730 | 7,842 |
1 | Capital Group Central Corporate Bond Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Financials (continued) | ||||
Global Payments, Inc. 2.90% 11/15/2031 | USD9,667 | $8,051 | ||
Goldman Sachs Group, Inc. 3.50% 4/1/2025 | 33,751 | 33,171 | ||
Goldman Sachs Group, Inc. 1.948% 10/21/2027 (USD-SOFR + 0.913% on 10/21/2026)2 | 2,474 | 2,275 | ||
Goldman Sachs Group, Inc. 3.615% 3/15/2028 (USD-SOFR + 1.846% on 3/15/2027)2 | 12,000 | 11,447 | ||
Goldman Sachs Group, Inc. 6.484% 10/24/2029 (USD-SOFR + 1.77% on 10/24/2028)2 | 2,570 | 2,675 | ||
Goldman Sachs Group, Inc. 2.60% 2/7/2030 | 6,239 | 5,435 | ||
Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029)2 | 34,625 | 35,095 | ||
Goldman Sachs Group, Inc. 1.992% 1/27/2032 (USD-SOFR + 1.09% on 1/27/2031)2 | 20,618 | 16,647 | ||
Goldman Sachs Group, Inc. 6.561% 10/24/2034 (USD-SOFR + 1.95% on 10/24/2033)2 | 672 | 721 | ||
Goldman Sachs Group, Inc. 5.851% 4/25/2035 (USD-SOFR + 1.552% on 4/25/2034)2 | 50,845 | 51,947 | ||
Goldman Sachs Group, Inc. 2.908% 7/21/2042 (USD-SOFR + 1.40% on 7/21/2041)2 | 20,000 | 14,149 | ||
HSBC Holdings PLC 4.755% 6/9/2028 (USD-SOFR + 2.11% on 6/9/2027)2 | 22,597 | 22,137 | ||
HSBC Holdings PLC 7.39% 11/03/2028 (USD-SOFR + 7.39% on 11/3/2027)2 | 1,994 | 2,106 | ||
HSBC Holdings PLC 6.161% 3/9/2029 (USD-SOFR + 1.97% on 3/9/2028)2 | 10,000 | 10,216 | ||
HSBC Holdings PLC 2.206% 8/17/2029 (USD-SOFR + 1.285% on 8/17/2028)2 | 70,219 | 61,506 | ||
HSBC Holdings PLC 2.804% 5/24/2032 (USD-SOFR + 1.187% on 5/24/2031)2 | 2,712 | 2,274 | ||
HSBC Holdings PLC 6.332% 3/9/2044 (USD-SOFR + 2.65% on 3/9/2043)2 | 26,250 | 27,745 | ||
Intercontinental Exchange, Inc. 5.25% 6/15/2031 | 18,480 | 18,570 | ||
Intercontinental Exchange, Inc. 4.95% 6/15/2052 | 5,621 | 5,158 | ||
Intesa Sanpaolo SpA 7.778% 6/20/2054 (1-year UST Yield Curve Rate T Note Constant Maturity + 3.90% on 6/20/2053)1,2 | 11,753 | 12,605 | ||
JPMorgan Chase & Co. 3.875% 9/10/2024 | 10,000 | 9,949 | ||
JPMorgan Chase & Co. 2.301% 10/15/2025 (USD-SOFR + 1.16% on 10/15/2024)2 | 3,450 | 3,406 | ||
JPMorgan Chase & Co. 1.561% 12/10/2025 (USD-SOFR + 0.605% on 12/10/2024)2 | 32,843 | 32,142 | ||
JPMorgan Chase & Co. 2.005% 3/13/2026 (USD-SOFR + 1.585% on 3/13/2025)2 | 1,610 | 1,565 | ||
JPMorgan Chase & Co. 2.083% 4/22/2026 (USD-SOFR + 1.85% on 4/22/2025)2 | 25,000 | 24,220 | ||
JPMorgan Chase & Co. 4.08% 4/26/2026 (USD-SOFR + 1.32% on 4/26/2025)2 | 1,732 | 1,707 | ||
JPMorgan Chase & Co. 5.299% 7/24/2029 (USD-SOFR + 1.45% on 7/24/2028)2 | 3,300 | 3,297 | ||
JPMorgan Chase & Co. 6.087% 10/23/2029 (USD-SOFR + 1.57% on 10/23/2028)2 | 5,949 | 6,124 | ||
JPMorgan Chase & Co. 5.581% 4/22/2030 (USD-SOFR + 1.16% on 4/22/2029)2 | 67,416 | 68,174 | ||
JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031)2 | 90,240 | 73,069 | ||
JPMorgan Chase & Co. 2.963% 1/25/2033 (USD-SOFR + 1.26% on 1/25/2032)2 | 5,515 | 4,674 | ||
JPMorgan Chase & Co. 5.336% 1/23/2035 (USD-SOFR + 1.62% on 1/23/2034)2 | 6,261 | 6,193 | ||
JPMorgan Chase & Co. 5.766% 4/22/2035 (USD-SOFR + 1.49% on 4/22/2034)2 | 40,550 | 41,440 | ||
KBC Groep NV 5.796% 1/19/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.10% on 1/19/2028)1,2 | 4,575 | 4,602 | ||
Lloyds Banking Group PLC 3.87% 7/9/2025 (1-year UST Yield Curve Rate T Note Constant Maturity + 3.50% on 7/9/2024)2 | 18,013 | 17,976 | ||
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)2 | 4,450 | 4,123 | ||
Lloyds Banking Group PLC 5.679% 1/5/2035 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 1/5/2034)2 | 19,375 | 19,319 | ||
M&T Bank Corp. 5.053% 1/27/2034 (USD-SOFR + 1.85% on 1/27/2033)2 | 21,530 | 19,820 | ||
Marsh & McLennan Companies, Inc. 2.25% 11/15/2030 | 6,708 | 5,669 | ||
Marsh & McLennan Companies, Inc. 5.40% 9/15/2033 | 13,230 | 13,383 | ||
Marsh & McLennan Companies, Inc. 2.90% 12/15/2051 | 1,777 | 1,115 | ||
Marsh & McLennan Companies, Inc. 5.70% 9/15/2053 | 4,113 | 4,136 | ||
Mastercard, Inc. 4.875% 5/9/2034 | 29,813 | 29,401 | ||
MetLife, Inc. 5.375% 7/15/2033 | 17,216 | 17,349 | ||
Metropolitan Life Global Funding I 0.95% 7/2/20251 | 3,632 | 3,463 | ||
Metropolitan Life Global Funding I 5.05% 1/6/20281 | 6,669 | 6,642 | ||
Metropolitan Life Global Funding I 2.95% 4/9/20301 | 778 | 689 | ||
Metropolitan Life Global Funding I 1.55% 1/7/20311 | 25,721 | 20,394 | ||
Morgan Stanley 2.72% 7/22/2025 (USD-SOFR + 1.152% on 7/22/2024)2 | 32,502 | 32,359 | ||
Morgan Stanley 3.875% 1/27/2026 | 7,796 | 7,607 | ||
Morgan Stanley 1.593% 5/4/2027 (USD-SOFR + 0.879% on 5/4/2026)2 | 7,547 | 7,004 | ||
Morgan Stanley 5.173% 1/16/2030 (USD-SOFR + 1.45% on 1/16/2029)2 | 4,243 | 4,214 | ||
Morgan Stanley 5.656% 4/18/2030 (USD-SOFR + 1.26% on 4/18/2029)2 | 35,094 | 35,566 | ||
Morgan Stanley 1.794% 2/13/2032 (USD-SOFR + 1.034% on 2/13/2031)2 | 99,814 | 79,505 | ||
Morgan Stanley 1.928% 4/28/2032 (USD-SOFR + 1.02% on 4/28/2031)2 | 14,576 | 11,649 | ||
Morgan Stanley 6.627% 11/1/2034 (USD-SOFR + 2.05% on 11/1/2033)2 | 5,820 | 6,261 | ||
Morgan Stanley 5.831% 4/19/2035 (USD-SOFR + 1.58% on 4/19/2034)2 | 38,489 | 39,272 | ||
Nasdaq, Inc. 6.10% 6/28/2063 | 2,508 | 2,576 | ||
National Rural Utilities Cooperative Finance Corp. 3.25% 11/1/2025 | 715 | 694 | ||
National Rural Utilities Cooperative Finance Corp. 3.05% 4/25/2027 | 2,500 | 2,363 | ||
New York Life Global Funding 2.35% 7/14/20261 | 4,760 | 4,485 | ||
New York Life Global Funding 4.90% 6/13/20281 | 15,380 | 15,260 |
Capital Group Central Corporate Bond Fund | 2 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Financials (continued) | ||||
New York Life Global Funding 1.20% 8/7/20301 | USD13,997 | $11,088 | ||
New York Life Global Funding 4.55% 1/28/20331 | 11,533 | 10,935 | ||
New York Life Insurance Co. 3.75% 5/15/20501 | 1,209 | 898 | ||
Northwestern Mutual Life Insurance Co. (The) 4.90% 6/12/20281 | 9,220 | 9,131 | ||
PNC Financial Services Group, Inc. 5.582% 6/12/2029 (USD-SOFR + 1.841% on 6/12/2028)2 | 12,214 | 12,298 | ||
PNC Financial Services Group, Inc. 6.037% 10/28/2033 (USD-SOFR + 2.14% on 10/28/2032)2 | 19,193 | 19,703 | ||
PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033)2 | 27,060 | 29,339 | ||
PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034)2 | 2,925 | 2,926 | ||
Prudential Financial, Inc. 3.878% 3/27/2028 | 325 | 311 | ||
Prudential Financial, Inc. 4.35% 2/25/2050 | 15,900 | 13,011 | ||
Prudential Financial, Inc. 3.70% 3/13/2051 | 7,435 | 5,425 | ||
Royal Bank of Canada 5.00% 2/1/2033 | 20,000 | 19,623 | ||
State Street Corp. 5.159% 5/18/2034 (USD-SOFR + 1.89% on 5/18/2033)2 | 9,388 | 9,242 | ||
Sumitomo Mitsui Financial Group, Inc. 5.88% 7/13/2026 | 18,475 | 18,657 | ||
Sumitomo Mitsui Financial Group, Inc. 5.80% 7/13/2028 | 6,207 | 6,335 | ||
Sumitomo Mitsui Financial Group, Inc. 5.776% 7/13/2033 | 10,601 | 10,894 | ||
Toronto-Dominion Bank (The) 5.523% 7/17/2028 | 10,659 | 10,759 | ||
Travelers Companies, Inc. 4.00% 5/30/2047 | 6,385 | 5,195 | ||
Travelers Companies, Inc. 4.05% 3/7/2048 | 2,753 | 2,241 | ||
Travelers Companies, Inc. 2.55% 4/27/2050 | 859 | 522 | ||
Travelers Companies, Inc. 5.45% 5/25/2053 | 6,021 | 6,041 | ||
Truist Financial Corp. 5.867% 6/8/2034 (USD-SOFR + 2.361% on 6/8/2033)2 | 7,274 | 7,301 | ||
Truist Financial Corp. 5.711% 1/24/2035 (USD-SOFR + 1.922% on 1/24/2034)2 | 7,143 | 7,101 | ||
U.S. Bancorp 2.40% 7/30/2024 | 1,000 | 995 | ||
U.S. Bancorp 4.839% 2/1/2034 (USD-SOFR + 1.60% on 2/1/2033)2 | 1,897 | 1,788 | ||
U.S. Bancorp 5.836% 6/12/2034 (USD-SOFR + 2.26% on 6/10/2033)2 | 6,299 | 6,353 | ||
U.S. Bancorp 5.678% 1/23/2035 (USD-SOFR + 1.86% on 1/23/2034)2 | 24,775 | 24,747 | ||
UBS Group AG 1.364% 1/30/2027 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.08% on 1/30/2026)1,2 | 8,195 | 7,624 | ||
UBS Group AG 1.305% 2/2/2027 (USD-SOFR + 0.98% on 2/2/2026)1,2 | 1,498 | 1,391 | ||
UBS Group AG 3.869% 1/12/2029 (3-month USD-LIBOR + 1.41% on 1/12/2028)1,2,3 | 10,964 | 10,352 | ||
UBS Group AG 4.194% 4/1/2031 (USD-SOFR + 3.73% on 4/1/2030)1,2 | 4,790 | 4,454 | ||
UBS Group AG 3.091% 5/14/2032 (USD-SOFR + 1.73% on 5/14/2031)1,2 | 10,300 | 8,781 | ||
UBS Group AG 2.746% 2/11/2033 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.10% on 2/11/2032)1,2 | 9,304 | 7,607 | ||
UBS Group AG 5.699% 2/8/2035 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.77% on 2/8/2034)1,2 | 21,575 | 21,553 | ||
Wells Fargo & Co. 2.406% 10/30/2025 (3-month USD CME Term SOFR + 1.087% on 10/30/2024)2 | 38,139 | 37,621 | ||
Wells Fargo & Co. 2.879% 10/30/2030 (3-month USD CME Term SOFR + 1.432% on 10/30/2029)2 | 158 | 139 | ||
Wells Fargo & Co. 3.35% 3/2/2033 (USD-SOFR + 1.50% on 3/2/2032)2 | 3,293 | 2,841 | ||
Wells Fargo & Co. 5.389% 4/24/2034 (USD-SOFR + 2.02% on 4/24/2033)2 | 16,820 | 16,560 | ||
Wells Fargo & Co. 5.557% 7/25/2034 (USD-SOFR + 1.99% on 7/25/2033)2 | 7,602 | 7,571 | ||
Wells Fargo & Co. 6.491% 10/23/2034 (USD-SOFR + 2.06% on 10/23/2033)2 | 45,041 | 47,924 | ||
Wells Fargo & Co. 5.499% 1/23/2035 (USD-SOFR + 1.78% on 1/23/2034)2 | 5,945 | 5,896 | ||
Wells Fargo & Co. 4.611% 4/25/2053 (USD-SOFR + 2.13% on 4/25/2052)2 | 61,629 | 52,642 | ||
2,362,323 | ||||
Health care 17.79% | ||||
AbbVie, Inc. 2.60% 11/21/2024 | 16,000 | 15,778 | ||
AbbVie, Inc. 3.80% 3/15/2025 | 5,573 | 5,499 | ||
AbbVie, Inc. 3.60% 5/14/2025 | 7,960 | 7,824 | ||
AbbVie, Inc. 2.95% 11/21/2026 | 30,984 | 29,435 | ||
AbbVie, Inc. 4.80% 3/15/2029 | 45,310 | 44,893 | ||
AbbVie, Inc. 4.95% 3/15/2031 | 27,800 | 27,579 | ||
AbbVie, Inc. 5.05% 3/15/2034 | 94,978 | 94,002 | ||
AbbVie, Inc. 5.35% 3/15/2044 | 3,825 | 3,768 | ||
AbbVie, Inc. 5.40% 3/15/2054 | 51,249 | 50,558 | ||
AbbVie, Inc. 5.50% 3/15/2064 | 7,975 | 7,847 | ||
Amgen, Inc. 2.20% 2/21/2027 | 4,014 | 3,712 | ||
Amgen, Inc. 5.15% 3/2/2028 | 19,901 | 19,852 | ||
Amgen, Inc. 3.00% 2/22/2029 | 3,843 | 3,522 |
3 | Capital Group Central Corporate Bond Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Health care (continued) | ||||
Amgen, Inc. 4.05% 8/18/2029 | USD14,530 | $13,830 | ||
Amgen, Inc. 2.45% 2/21/2030 | 6,250 | 5,419 | ||
Amgen, Inc. 2.30% 2/25/2031 | 6,250 | 5,230 | ||
Amgen, Inc. 2.00% 1/15/2032 | 12,963 | 10,360 | ||
Amgen, Inc. 4.20% 3/1/2033 | 43,000 | 39,656 | ||
Amgen, Inc. 5.25% 3/2/2033 | 38,376 | 38,100 | ||
Amgen, Inc. 3.15% 2/21/2040 | 3,515 | 2,632 | ||
Amgen, Inc. 5.60% 3/2/2043 | 11,710 | 11,605 | ||
Amgen, Inc. 3.375% 2/21/2050 | 9,900 | 6,980 | ||
Amgen, Inc. 3.00% 1/15/2052 | 325 | 212 | ||
Amgen, Inc. 4.20% 2/22/2052 | 2,715 | 2,158 | ||
Amgen, Inc. 4.875% 3/1/2053 | 13,175 | 11,628 | ||
Amgen, Inc. 5.65% 3/2/2053 | 33,827 | 33,409 | ||
Amgen, Inc. 4.40% 2/22/2062 | 7,664 | 6,087 | ||
Amgen, Inc. 5.75% 3/2/2063 | 18,450 | 18,180 | ||
AstraZeneca Finance, LLC 4.875% 3/3/2028 | 1,205 | 1,200 | ||
AstraZeneca Finance, LLC 1.75% 5/28/2028 | 25,133 | 22,211 | ||
AstraZeneca Finance, LLC 4.85% 2/26/2029 | 20,170 | 20,028 | ||
AstraZeneca Finance, LLC 4.90% 3/3/2030 | 10,521 | 10,509 | ||
AstraZeneca Finance, LLC 4.90% 2/26/2031 | 19,530 | 19,400 | ||
AstraZeneca Finance, LLC 2.25% 5/28/2031 | 5,311 | 4,465 | ||
AstraZeneca Finance, LLC 4.875% 3/3/2033 | 9,437 | 9,313 | ||
AstraZeneca Finance, LLC 5.00% 2/26/2034 | 26,925 | 26,601 | ||
AstraZeneca PLC 3.375% 11/16/2025 | 2,125 | 2,071 | ||
AstraZeneca PLC 0.70% 4/8/2026 | 33,069 | 30,512 | ||
AstraZeneca PLC 4.00% 1/17/2029 | 19,681 | 18,908 | ||
AstraZeneca PLC 1.375% 8/6/2030 | 19,388 | 15,732 | ||
Baxter International, Inc. 2.272% 12/1/2028 | 3,975 | 3,481 | ||
Baxter International, Inc. 2.539% 2/1/2032 | 32,129 | 26,111 | ||
Baxter International, Inc. 3.132% 12/1/2051 | 8,051 | 5,042 | ||
Becton, Dickinson and Co. 3.363% 6/6/2024 | 5,211 | 5,210 | ||
Becton, Dickinson and Co. 3.734% 12/15/2024 | 412 | 408 | ||
Becton, Dickinson and Co. 5.11% 2/8/2034 | 18,627 | 18,183 | ||
Boston Scientific Corp. 1.90% 6/1/2025 | 11,711 | 11,308 | ||
Boston Scientific Corp. 2.65% 6/1/2030 | 2,250 | 1,962 | ||
Boston Scientific Corp. 4.70% 3/1/2049 | 170 | 151 | ||
Bristol-Myers Squibb Co. 3.875% 8/15/2025 | 619 | 609 | ||
Bristol-Myers Squibb Co. 3.20% 6/15/2026 | 5,546 | 5,339 | ||
Bristol-Myers Squibb Co. 4.90% 2/22/2029 | 11,340 | 11,275 | ||
Bristol-Myers Squibb Co. 5.20% 2/22/2034 | 77,545 | 77,073 | ||
Bristol-Myers Squibb Co. 5.50% 2/22/2044 | 3,400 | 3,370 | ||
Bristol-Myers Squibb Co. 2.55% 11/13/2050 | 9,143 | 5,361 | ||
Bristol-Myers Squibb Co. 3.70% 3/15/2052 | 9,511 | 6,957 | ||
Bristol-Myers Squibb Co. 6.25% 11/15/2053 | 20,119 | 21,688 | ||
Bristol-Myers Squibb Co. 5.55% 2/22/2054 | 38,902 | 38,329 | ||
Bristol-Myers Squibb Co. 6.40% 11/15/2063 | 10,790 | 11,778 | ||
Bristol-Myers Squibb Co. 5.65% 2/22/2064 | 10,800 | 10,562 | ||
Cencora, Inc. 2.70% 3/15/2031 | 28,297 | 24,017 | ||
Centene Corp. 4.25% 12/15/2027 | 9,190 | 8,753 | ||
Centene Corp. 2.45% 7/15/2028 | 53,045 | 46,817 | ||
Centene Corp. 4.625% 12/15/2029 | 19,560 | 18,427 | ||
Centene Corp. 3.375% 2/15/2030 | 2,687 | 2,368 | ||
Centene Corp. 3.00% 10/15/2030 | 22,250 | 18,935 | ||
Centene Corp. 2.50% 3/1/2031 | 23,930 | 19,519 | ||
Centene Corp. 2.625% 8/1/2031 | 13,005 | 10,593 | ||
Cigna Group (The) 5.25% 2/15/2034 | 33,130 | 32,492 | ||
CVS Health Corp. 1.30% 8/21/2027 | 10,000 | 8,821 | ||
CVS Health Corp. 3.25% 8/15/2029 | 4,775 | 4,313 | ||
CVS Health Corp. 1.75% 8/21/2030 | 7,924 | 6,395 | ||
CVS Health Corp. 1.875% 2/28/2031 | 9,225 | 7,343 | ||
CVS Health Corp. 5.25% 2/21/2033 | 32,070 | 31,187 | ||
CVS Health Corp. 5.625% 2/21/2053 | 15,609 | 14,486 | ||
CVS Health Corp. 5.875% 6/1/2053 | 6,956 | 6,674 | ||
CVS Health Corp. 6.05% 6/1/2054 | 12,162 | 11,933 | ||
CVS Health Corp. 6.00% 6/1/2063 | 8,095 | 7,782 | ||
Elevance Health, Inc. 4.10% 5/15/2032 | 8,581 | 7,910 | ||
Elevance Health, Inc. 4.75% 2/15/2033 | 5,967 | 5,725 |
Capital Group Central Corporate Bond Fund | 4 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Health care (continued) | ||||
Elevance Health, Inc. 4.55% 5/15/2052 | USD7,712 | $6,469 | ||
Elevance Health, Inc. 5.125% 2/15/2053 | 2,695 | 2,476 | ||
Eli Lilly and Co. 4.50% 2/9/2027 | 37,167 | 36,792 | ||
Eli Lilly and Co. 3.375% 3/15/2029 | 3,686 | 3,463 | ||
EMD Finance, LLC 3.25% 3/19/20251 | 18,845 | 18,510 | ||
GE HealthCare Technologies, Inc. 5.857% 3/15/2030 | 9,630 | 9,875 | ||
GE HealthCare Technologies, Inc. 6.377% 11/22/2052 | 8,900 | 9,659 | ||
Gilead Sciences, Inc. 5.25% 10/15/2033 | 35,515 | 35,562 | ||
Gilead Sciences, Inc. 2.80% 10/1/2050 | 1,885 | 1,176 | ||
Gilead Sciences, Inc. 5.55% 10/15/2053 | 37,836 | 37,573 | ||
HCA, Inc. 4.125% 6/15/2029 | 2,250 | 2,120 | ||
HCA, Inc. 2.375% 7/15/2031 | 8,178 | 6,675 | ||
HCA, Inc. 3.625% 3/15/2032 | 6,778 | 5,926 | ||
HCA, Inc. 4.625% 3/15/2052 | 10,329 | 8,336 | ||
Humana, Inc. 5.375% 4/15/2031 | 7,381 | 7,311 | ||
Humana, Inc. 5.75% 4/15/2054 | 6,999 | 6,744 | ||
Johnson & Johnson 4.90% 6/1/2031 | 17,930 | 17,960 | ||
Johnson & Johnson 4.95% 6/1/2034 | 40,170 | 40,236 | ||
Johnson & Johnson 2.25% 9/1/2050 | 1,450 | 855 | ||
Johnson & Johnson 5.25% 6/1/2054 | 18,620 | 18,547 | ||
Merck & Co., Inc. 1.70% 6/10/2027 | 20,527 | 18,687 | ||
Novartis Capital Corp. 2.00% 2/14/2027 | 5,000 | 4,650 | ||
Novartis Capital Corp. 2.20% 8/14/2030 | 14,257 | 12,270 | ||
Pfizer Investment Enterprises Pte., Ltd. 4.45% 5/19/2028 | 11,091 | 10,857 | ||
Pfizer Investment Enterprises Pte., Ltd. 4.75% 5/19/2033 | 71,606 | 69,266 | ||
Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053 | 71,818 | 68,710 | ||
Pfizer, Inc. 3.45% 3/15/2029 | 8,700 | 8,187 | ||
Pfizer, Inc. 1.70% 5/28/2030 | 17,700 | 14,746 | ||
Roche Holdings, Inc. 2.076% 12/13/20311 | 58,261 | 47,390 | ||
Roche Holdings, Inc. 5.593% 11/13/20331 | 17,864 | 18,463 | ||
Roche Holdings, Inc. 5.218% 3/8/20541 | 14,794 | 14,424 | ||
Shire Acquisitions Investments Ireland DAC 3.20% 9/23/2026 | 12,937 | 12,350 | ||
Solventum Corp. 5.60% 3/23/20341 | 39,700 | 39,019 | ||
UnitedHealth Group, Inc. 2.375% 8/15/2024 | 625 | 621 | ||
UnitedHealth Group, Inc. 1.25% 1/15/2026 | 12,524 | 11,766 | ||
UnitedHealth Group, Inc. 3.875% 12/15/2028 | 2,500 | 2,389 | ||
UnitedHealth Group, Inc. 2.875% 8/15/2029 | 285 | 257 | ||
UnitedHealth Group, Inc. 2.00% 5/15/2030 | 5,765 | 4,858 | ||
UnitedHealth Group, Inc. 4.20% 5/15/2032 | 3,952 | 3,703 | ||
UnitedHealth Group, Inc. 5.35% 2/15/2033 | 5,556 | 5,612 | ||
UnitedHealth Group, Inc. 3.05% 5/15/2041 | 12,150 | 8,977 | ||
UnitedHealth Group, Inc. 4.45% 12/15/2048 | 13,315 | 11,338 | ||
UnitedHealth Group, Inc. 3.70% 8/15/2049 | 2,760 | 2,078 | ||
UnitedHealth Group, Inc. 3.25% 5/15/2051 | 7,753 | 5,315 | ||
UnitedHealth Group, Inc. 4.75% 5/15/2052 | 20,281 | 17,966 | ||
UnitedHealth Group, Inc. 4.95% 5/15/2062 | 9,058 | 8,071 | ||
UnitedHealth Group, Inc. 6.05% 2/15/2063 | 7,082 | 7,437 | ||
1,965,064 | ||||
Utilities 14.69% | ||||
AEP Texas, Inc. 3.45% 5/15/2051 | 9,168 | 6,053 | ||
AEP Transmission Co., LLC 5.15% 4/1/2034 | 11,675 | 11,429 | ||
AEP Transmission Co., LLC 2.75% 8/15/2051 | 4,095 | 2,466 | ||
Alabama Power Co. 5.85% 11/15/2033 | 4,100 | 4,256 | ||
Ameren Corp. 2.50% 9/15/2024 | 7,615 | 7,544 | ||
Ameren Corp. 1.75% 3/15/2028 | 7,540 | 6,633 | ||
American Electric Power Co., Inc. 1.00% 11/1/2025 | 614 | 576 | ||
American Transmission Systems, Inc. 2.65% 1/15/20321 | 20,450 | 16,895 | ||
Atlantic City Electric Co. 2.30% 3/15/2031 | 2,175 | 1,812 | ||
CenterPoint Energy, Inc. 2.65% 6/1/2031 | 9,943 | 8,369 | ||
Cleveland Electric Illuminating Co. (The) 3.50% 4/1/20281 | 7,637 | 7,113 | ||
Cleveland Electric Illuminating Co. (The) 4.55% 11/15/20301 | 27,195 | 25,643 | ||
CMS Energy Corp. 3.00% 5/15/2026 | 10,303 | 9,847 | ||
Commonwealth Edison Co. 2.95% 8/15/2027 | 5,000 | 4,671 | ||
Commonwealth Edison Co. 3.125% 3/15/2051 | 2,000 | 1,309 | ||
Connecticut Light and Power Co. (The) 2.05% 7/1/2031 | 14,377 | 11,688 | ||
Consumers Energy Co. 3.80% 11/15/2028 | 13,103 | 12,469 |
5 | Capital Group Central Corporate Bond Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Utilities (continued) | ||||
Consumers Energy Co. 4.90% 2/15/2029 | USD16,999 | $16,887 | ||
Consumers Energy Co. 4.60% 5/30/2029 | 14,668 | 14,367 | ||
Consumers Energy Co. 3.60% 8/15/2032 | 9,180 | 8,177 | ||
Consumers Energy Co. 4.625% 5/15/2033 | 25,729 | 24,579 | ||
Dominion Energy, Inc. 3.30% 3/15/2025 | 6,227 | 6,104 | ||
Duke Energy Carolinas, LLC 2.45% 8/15/2029 | 13,675 | 12,028 | ||
Duke Energy Carolinas, LLC 2.55% 4/15/2031 | 3,362 | 2,853 | ||
Duke Energy Carolinas, LLC 3.70% 12/1/2047 | 777 | 572 | ||
Duke Energy Carolinas, LLC 5.35% 1/15/2053 | 12,525 | 11,940 | ||
Duke Energy Corp. 5.00% 8/15/2052 | 4,223 | 3,691 | ||
Duke Energy Florida, LLC 3.20% 1/15/2027 | 10,387 | 9,894 | ||
Duke Energy Florida, LLC 1.75% 6/15/2030 | 12,027 | 9,906 | ||
Duke Energy Florida, LLC 5.95% 11/15/2052 | 3,664 | 3,758 | ||
Duke Energy Progress, LLC 2.00% 8/15/2031 | 7,802 | 6,337 | ||
Duke Energy Progress, LLC 2.50% 8/15/2050 | 2,109 | 1,216 | ||
Duke Energy Progress, LLC 2.90% 8/15/2051 | 8,825 | 5,493 | ||
Edison International 3.55% 11/15/2024 | 5,000 | 4,949 | ||
Edison International 4.95% 4/15/2025 | 2,225 | 2,208 | ||
Edison International 4.125% 3/15/2028 | 28,413 | 27,071 | ||
Electricité de France SA 9.125% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant Maturity + 5.411% on 6/15/2033)1,2 | 25,675 | 28,268 | ||
Emera US Finance, LP 0.833% 6/15/2024 | 6,250 | 6,236 | ||
Emera US Finance, LP 2.639% 6/15/2031 | 6,743 | 5,518 | ||
Entergy Corp. 2.80% 6/15/2030 | 437 | 379 | ||
Entergy Corp. 2.40% 6/15/2031 | 32,175 | 26,461 | ||
Entergy Corp. 3.75% 6/15/2050 | 1,675 | 1,185 | ||
Entergy Louisiana, LLC 2.40% 10/1/2026 | 3,288 | 3,082 | ||
Entergy Louisiana, LLC 3.12% 9/1/2027 | 5,975 | 5,622 | ||
Entergy Louisiana, LLC 1.60% 12/15/2030 | 5,600 | 4,473 | ||
Entergy Louisiana, LLC 5.35% 3/15/2034 | 20,041 | 19,789 | ||
Entergy Louisiana, LLC 4.20% 9/1/2048 | 1,300 | 1,029 | ||
Entergy Louisiana, LLC 2.90% 3/15/2051 | 746 | 456 | ||
Entergy Louisiana, LLC 5.70% 3/15/2054 | 4,540 | 4,476 | ||
Entergy Texas, Inc. 1.75% 3/15/2031 | 5,629 | 4,539 | ||
Eversource Energy 3.15% 1/15/2025 | 3,265 | 3,214 | ||
Eversource Energy 1.65% 8/15/2030 | 9,528 | 7,613 | ||
Eversource Energy 5.50% 1/1/2034 | 15,000 | 14,693 | ||
FirstEnergy Corp. 1.60% 1/15/2026 | 600 | 564 | ||
FirstEnergy Corp. 2.65% 3/1/2030 | 13,665 | 11,754 | ||
FirstEnergy Corp. 2.25% 9/1/2030 | 7,514 | 6,209 | ||
FirstEnergy Corp., Series B, 4.15% 7/15/2027 | 4,675 | 4,455 | ||
FirstEnergy Pennsylvania Electric Co. 3.25% 3/15/20281 | 3,000 | 2,788 | ||
FirstEnergy Transmission, LLC 4.35% 1/15/20251 | 1,574 | 1,557 | ||
FirstEnergy Transmission, LLC 2.866% 9/15/20281 | 15,038 | 13,634 | ||
Florida Power & Light Co. 3.30% 5/30/2027 | 8,557 | 8,113 | ||
Florida Power & Light Co. 5.10% 4/1/2033 | 17,325 | 17,161 | ||
Florida Power & Light Co. 5.30% 6/15/2034 | 40,100 | 40,253 | ||
Florida Power & Light Co. 2.875% 12/4/2051 | 32,273 | 20,557 | ||
Florida Power & Light Co. 5.30% 4/1/2053 | 4,377 | 4,235 | ||
Florida Power & Light Co. 5.60% 6/15/2054 | 8,725 | 8,787 | ||
Georgia Power Co. 4.95% 5/17/2033 | 18,515 | 18,025 | ||
Georgia Power Co. 5.25% 3/15/2034 | 23,175 | 23,029 | ||
Jersey Central Power & Light Co. 4.30% 1/15/20261 | 2,872 | 2,815 | ||
Jersey Central Power & Light Co. 2.75% 3/1/20321 | 29,125 | 23,988 | ||
MidAmerican Energy Co. 3.65% 4/15/2029 | 2,300 | 2,163 | ||
MidAmerican Energy Co. 5.75% 11/1/2035 | 2,025 | 2,085 | ||
MidAmerican Energy Co. 3.15% 4/15/2050 | 5,000 | 3,336 | ||
Mid-Atlantic Interstate Transmission, LLC 4.10% 5/15/20281 | 25,775 | 24,674 | ||
Mississippi Power Co. 3.95% 3/30/2028 | 814 | 778 | ||
NiSource, Inc. 5.40% 6/30/2033 | 5,000 | 4,937 | ||
Northern States Power Co. 2.25% 4/1/2031 | 5,000 | 4,177 | ||
Northern States Power Co. 2.90% 3/1/2050 | 4,502 | 2,887 | ||
Northern States Power Co. 2.60% 6/1/2051 | 14,643 | 8,743 | ||
Northern States Power Co. 3.20% 4/1/2052 | 2,451 | 1,630 | ||
Northern States Power Co. 4.50% 6/1/2052 | 2,790 | 2,360 | ||
Northern States Power Co. 5.10% 5/15/2053 | 2,726 | 2,527 | ||
Northern States Power Co. 5.40% 3/15/2054 | 8,948 | 8,674 |
Capital Group Central Corporate Bond Fund | 6 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Utilities (continued) | ||||
Oncor Electric Delivery Co., LLC 0.55% 10/1/2025 | USD9,395 | $8,830 | ||
Pacific Gas and Electric Co. 3.40% 8/15/2024 | 1,554 | 1,546 | ||
Pacific Gas and Electric Co. 3.15% 1/1/2026 | 9,187 | 8,832 | ||
Pacific Gas and Electric Co. 2.95% 3/1/2026 | 850 | 811 | ||
Pacific Gas and Electric Co. 2.10% 8/1/2027 | 49,602 | 44,715 | ||
Pacific Gas and Electric Co. 3.00% 6/15/2028 | 9,992 | 9,115 | ||
Pacific Gas and Electric Co. 3.75% 7/1/2028 | 2,702 | 2,518 | ||
Pacific Gas and Electric Co. 4.65% 8/1/2028 | 12,186 | 11,728 | ||
Pacific Gas and Electric Co. 4.55% 7/1/2030 | 12,177 | 11,503 | ||
Pacific Gas and Electric Co. 2.50% 2/1/2031 | 109,940 | 90,632 | ||
Pacific Gas and Electric Co. 4.40% 3/1/2032 | 7,492 | 6,845 | ||
Pacific Gas and Electric Co. 5.90% 6/15/2032 | 951 | 958 | ||
Pacific Gas and Electric Co. 6.15% 1/15/2033 | 4,140 | 4,226 | ||
Pacific Gas and Electric Co. 6.40% 6/15/2033 | 14,564 | 15,127 | ||
Pacific Gas and Electric Co. 5.80% 5/15/2034 | 1,412 | 1,409 | ||
Pacific Gas and Electric Co. 3.30% 8/1/2040 | 32,194 | 23,018 | ||
Pacific Gas and Electric Co. 4.20% 6/1/2041 | 9,286 | 7,326 | ||
Pacific Gas and Electric Co. 4.95% 7/1/2050 | 3,765 | 3,145 | ||
Pacific Gas and Electric Co. 3.50% 8/1/2050 | 3,426 | 2,262 | ||
PacifiCorp 2.70% 9/15/2030 | 9,089 | 7,795 | ||
PacifiCorp 5.30% 2/15/2031 | 18,030 | 17,837 | ||
PacifiCorp 5.45% 2/15/2034 | 29,401 | 28,759 | ||
PacifiCorp 4.15% 2/15/2050 | 1,411 | 1,074 | ||
PacifiCorp 3.30% 3/15/2051 | 5,960 | 3,826 | ||
PacifiCorp 2.90% 6/15/2052 | 10,429 | 6,071 | ||
PacifiCorp 5.35% 12/1/2053 | 11,075 | 9,932 | ||
PacifiCorp 5.50% 5/15/2054 | 24,362 | 22,318 | ||
PacifiCorp 5.80% 1/15/2055 | 35,845 | 34,157 | ||
Progress Energy, Inc. 7.00% 10/30/2031 | 6,700 | 7,342 | ||
Public Service Company of Colorado 3.70% 6/15/2028 | 2,686 | 2,541 | ||
Public Service Company of Colorado 1.90% 1/15/2031 | 5,165 | 4,183 | ||
Public Service Company of Colorado 1.875% 6/15/2031 | 7,900 | 6,320 | ||
Public Service Company of Colorado 5.35% 5/15/2034 | 16,500 | 16,365 | ||
Public Service Company of Colorado 4.10% 6/15/2048 | 2,945 | 2,246 | ||
Public Service Company of Colorado 3.20% 3/1/2050 | 5,016 | 3,318 | ||
Public Service Company of Colorado 2.70% 1/15/2051 | 11,974 | 6,999 | ||
Public Service Company of Colorado 4.50% 6/1/2052 | 2,797 | 2,290 | ||
Public Service Company of Colorado 5.25% 4/1/2053 | 15,041 | 13,815 | ||
Public Service Company of Colorado 5.75% 5/15/2054 | 9,575 | 9,525 | ||
Public Service Electric and Gas Co. 3.05% 11/15/2024 | 10,065 | 9,942 | ||
Public Service Electric and Gas Co. 0.95% 3/15/2026 | 7,585 | 7,047 | ||
Public Service Electric and Gas Co. 3.65% 9/1/2028 | 2,115 | 2,007 | ||
Public Service Electric and Gas Co. 2.45% 1/15/2030 | 5,664 | 4,910 | ||
Public Service Electric and Gas Co. 3.10% 3/15/2032 | 835 | 722 | ||
Public Service Electric and Gas Co. 5.20% 3/1/2034 | 4,156 | 4,133 | ||
Public Service Electric and Gas Co. 3.85% 5/1/2049 | 6,758 | 5,245 | ||
Public Service Electric and Gas Co. 3.00% 3/1/2051 | 1,900 | 1,241 | ||
Puget Energy, Inc. 3.65% 5/15/2025 | 8,500 | 8,331 | ||
San Diego Gas & Electric Co. 4.95% 8/15/2028 | 6,569 | 6,559 | ||
San Diego Gas & Electric Co. 1.70% 10/1/2030 | 500 | 406 | ||
Southern California Edison Co. 0.975% 8/1/2024 | 24,760 | 24,564 | ||
Southern California Edison Co. 4.70% 6/1/2027 | 21,791 | 21,485 | ||
Southern California Edison Co. 3.65% 3/1/2028 | 16,863 | 15,937 | ||
Southern California Edison Co. 5.30% 3/1/2028 | 5,000 | 5,014 | ||
Southern California Edison Co. 5.65% 10/1/2028 | 23,158 | 23,542 | ||
Southern California Edison Co. 4.20% 3/1/2029 | 10,270 | 9,812 | ||
Southern California Edison Co. 5.15% 6/1/2029 | 6,882 | 6,858 | ||
Southern California Edison Co. 2.85% 8/1/2029 | 46,638 | 41,584 | ||
Southern California Edison Co. 2.25% 6/1/2030 | 4,153 | 3,496 | ||
Southern California Edison Co. 2.50% 6/1/2031 | 13,340 | 11,136 | ||
Southern California Edison Co. 5.45% 6/1/2031 | 20,152 | 20,229 | ||
Southern California Edison Co. 2.75% 2/1/2032 | 3,150 | 2,633 | ||
Southern California Edison Co. 5.20% 6/1/2034 | 25,630 | 24,967 | ||
Southern California Edison Co. 5.75% 4/1/2035 | 8,218 | 8,307 | ||
Southern California Edison Co. 3.60% 2/1/2045 | 4,425 | 3,256 | ||
Southern California Edison Co. 4.125% 3/1/2048 | 10,000 | 7,824 | ||
Southern California Edison Co. 3.65% 2/1/2050 | 3,537 | 2,527 |
7 | Capital Group Central Corporate Bond Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Utilities (continued) | ||||
Southern California Edison Co. 2.95% 2/1/2051 | USD941 | $588 | ||
Southern California Edison Co. 3.45% 2/1/2052 | 10,796 | 7,362 | ||
Southern California Edison Co. 5.75% 4/15/2054 | 5,225 | 5,152 | ||
Southwestern Electric Power Co. 3.25% 11/1/2051 | 15,875 | 10,135 | ||
Union Electric Co. 2.625% 3/15/2051 | 3,600 | 2,139 | ||
Virginia Electric & Power 2.40% 3/30/2032 | 2,100 | 1,716 | ||
WEC Energy Group, Inc. 5.15% 10/1/2027 | 3,243 | 3,230 | ||
Wisconsin Power and Light Co. 1.95% 9/16/2031 | 5,900 | 4,707 | ||
Wisconsin Power and Light Co. 3.65% 4/1/2050 | 800 | 573 | ||
Wisconsin Public Service Corp. 2.85% 12/1/2051 | 7,684 | 4,775 | ||
Xcel Energy, Inc. 1.75% 3/15/2027 | 2,515 | 2,280 | ||
Xcel Energy, Inc. 4.00% 6/15/2028 | 6,477 | 6,165 | ||
Xcel Energy, Inc. 2.60% 12/1/2029 | 43,441 | 37,799 | ||
Xcel Energy, Inc. 3.40% 6/1/2030 | 3,000 | 2,689 | ||
Xcel Energy, Inc. 2.35% 11/15/2031 | 30,577 | 24,553 | ||
Xcel Energy, Inc. 4.60% 6/1/2032 | 4,558 | 4,244 | ||
Xcel Energy, Inc. 5.45% 8/15/2033 | 23,846 | 23,426 | ||
Xcel Energy, Inc. 5.50% 3/15/2034 | 6,925 | 6,817 | ||
Xcel Energy, Inc. 3.50% 12/1/2049 | 7,490 | 5,116 | ||
1,623,170 | ||||
Industrials 8.10% | ||||
BAE Systems PLC 5.50% 3/26/20541 | 2,623 | 2,556 | ||
Boeing Co. 2.75% 2/1/2026 | 78,514 | 74,337 | ||
Boeing Co. 2.196% 2/4/2026 | 25,000 | 23,473 | ||
Boeing Co. 3.10% 5/1/2026 | 7,750 | 7,348 | ||
Boeing Co. 3.25% 2/1/2028 | 55,094 | 50,225 | ||
Boeing Co. 5.15% 5/1/2030 | 36,889 | 35,215 | ||
Boeing Co. 3.625% 2/1/2031 | 14,249 | 12,398 | ||
Boeing Co. 6.388% 5/1/20311 | 31,431 | 31,808 | ||
Boeing Co. 3.60% 5/1/2034 | 34,795 | 27,729 | ||
Boeing Co. 6.528% 5/1/20341 | 6,217 | 6,307 | ||
Boeing Co. 3.90% 5/1/2049 | 8,164 | 5,471 | ||
Boeing Co. 5.805% 5/1/2050 | 6,285 | 5,633 | ||
Boeing Co. 6.858% 5/1/20541 | 9,752 | 9,897 | ||
Burlington Northern Santa Fe, LLC 3.05% 2/15/2051 | 9,535 | 6,283 | ||
Burlington Northern Santa Fe, LLC 3.30% 9/15/2051 | 4,780 | 3,311 | ||
Burlington Northern Santa Fe, LLC 2.875% 6/15/2052 | 1,470 | 925 | ||
Canadian National Railway Co. 6.125% 11/1/2053 | 8,316 | 9,205 | ||
Canadian Pacific Railway Co. 1.75% 12/2/2026 | 12,099 | 11,112 | ||
Canadian Pacific Railway Co. 3.10% 12/2/2051 | 28,847 | 19,137 | ||
Carrier Global Corp. 5.90% 3/15/2034 | 7,990 | 8,305 | ||
Carrier Global Corp. 6.20% 3/15/2054 | 2,670 | 2,866 | ||
CSX Corp. 3.80% 3/1/2028 | 28,360 | 27,263 | ||
CSX Corp. 4.25% 3/15/2029 | 12,943 | 12,546 | ||
CSX Corp. 2.40% 2/15/2030 | 5,892 | 5,116 | ||
CSX Corp. 4.10% 11/15/2032 | 10,489 | 9,750 | ||
CSX Corp. 5.20% 11/15/2033 | 7,415 | 7,406 | ||
CSX Corp. 4.30% 3/1/2048 | 14,250 | 11,945 | ||
CSX Corp. 4.50% 3/15/2049 | 6,729 | 5,769 | ||
CSX Corp. 2.50% 5/15/2051 | 12,071 | 7,116 | ||
Emerson Electric Co. 1.80% 10/15/2027 | 14,050 | 12,739 | ||
Emerson Electric Co. 1.95% 10/15/2030 | 5,950 | 5,016 | ||
Honeywell International, Inc. 1.95% 6/1/2030 | 1,936 | 1,640 | ||
Honeywell International, Inc. 5.00% 3/1/2035 | 23,570 | 23,264 | ||
Honeywell International, Inc. 5.25% 3/1/2054 | 13,147 | 12,755 | ||
Honeywell International, Inc. 5.35% 3/1/2064 | 7,890 | 7,675 | ||
Ingersoll-Rand, Inc. 5.45% 6/15/2034 | 7,967 | 7,988 | ||
L3Harris Technologies, Inc. 5.40% 7/31/2033 | 7,971 | 7,910 | ||
Lockheed Martin Corp. 4.95% 10/15/2025 | 11,679 | 11,650 | ||
Lockheed Martin Corp. 5.10% 11/15/2027 | 8,299 | 8,344 | ||
Lockheed Martin Corp. 4.50% 2/15/2029 | 43,929 | 43,116 | ||
Lockheed Martin Corp. 1.85% 6/15/2030 | 2,008 | 1,675 | ||
Lockheed Martin Corp. 5.25% 1/15/2033 | 21,760 | 22,058 | ||
Lockheed Martin Corp. 4.75% 2/15/2034 | 3,995 | 3,871 | ||
Lockheed Martin Corp. 4.80% 8/15/2034 | 31,560 | 30,713 | ||
Lockheed Martin Corp. 5.70% 11/15/2054 | 10,372 | 10,658 |
Capital Group Central Corporate Bond Fund | 8 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Industrials (continued) | ||||
Lockheed Martin Corp. 5.20% 2/15/2055 | USD5,289 | $5,072 | ||
Lockheed Martin Corp. 5.90% 11/15/2063 | 1,016 | 1,072 | ||
Lockheed Martin Corp. 5.20% 2/15/2064 | 10,516 | 9,915 | ||
Norfolk Southern Corp. 2.55% 11/1/2029 | 3,485 | 3,059 | ||
Norfolk Southern Corp. 5.05% 8/1/2030 | 14,320 | 14,252 | ||
Norfolk Southern Corp. 4.45% 3/1/2033 | 5,753 | 5,430 | ||
Norfolk Southern Corp. 3.40% 11/1/2049 | 2,406 | 1,691 | ||
Norfolk Southern Corp. 5.35% 8/1/2054 | 15,816 | 15,054 | ||
Northrop Grumman Corp. 4.70% 3/15/2033 | 31,860 | 30,660 | ||
Northrop Grumman Corp. 4.90% 6/1/2034 | 11,160 | 10,777 | ||
Northrop Grumman Corp. 4.95% 3/15/2053 | 13,330 | 12,065 | ||
RTX Corp. 4.125% 11/16/2028 | 4,205 | 4,030 | ||
RTX Corp. 1.90% 9/1/2031 | 8,014 | 6,380 | ||
RTX Corp. 6.10% 3/15/2034 | 11,414 | 11,951 | ||
RTX Corp. 2.82% 9/1/2051 | 6,000 | 3,663 | ||
RTX Corp. 3.03% 3/15/2052 | 5,000 | 3,184 | ||
RTX Corp. 6.40% 3/15/2054 | 16,918 | 18,460 | ||
Union Pacific Corp. 3.75% 7/15/2025 | 388 | 381 | ||
Union Pacific Corp. 2.40% 2/5/2030 | 3,000 | 2,610 | ||
Union Pacific Corp. 2.80% 2/14/2032 | 31,546 | 27,014 | ||
Union Pacific Corp. 2.891% 4/6/2036 | 49,415 | 39,547 | ||
Union Pacific Corp. 3.375% 2/14/2042 | 4,360 | 3,368 | ||
Union Pacific Corp. 4.30% 3/1/2049 | 2,800 | 2,334 | ||
Union Pacific Corp. 3.25% 2/5/2050 | 424 | 295 | ||
Union Pacific Corp. 3.50% 2/14/2053 | 6,170 | 4,432 | ||
Union Pacific Corp. 3.839% 3/20/2060 | 3,297 | 2,416 | ||
Union Pacific Corp. 3.75% 2/5/2070 | 2,443 | 1,718 | ||
Waste Management, Inc. 1.50% 3/15/2031 | 3,889 | 3,104 | ||
895,458 | ||||
Consumer staples 6.39% | ||||
7-Eleven, Inc. 0.95% 2/10/20261 | 7,913 | 7,342 | ||
7-Eleven, Inc. 1.30% 2/10/20281 | 6,662 | 5,786 | ||
7-Eleven, Inc. 1.80% 2/10/20311 | 14,979 | 11,959 | ||
7-Eleven, Inc. 2.80% 2/10/20511 | 3,778 | 2,260 | ||
Altria Group, Inc. 2.35% 5/6/2025 | 1,833 | 1,779 | ||
Altria Group, Inc. 4.40% 2/14/2026 | 8,148 | 8,020 | ||
Altria Group, Inc. 2.625% 9/16/2026 | 1,375 | 1,294 | ||
Altria Group, Inc. 3.70% 2/4/2051 | 21,317 | 14,385 | ||
Anheuser-Busch InBev Worldwide, Inc. 4.75% 1/23/2029 | 25,627 | 25,461 | ||
Anheuser-Busch InBev Worldwide, Inc. 3.50% 6/1/2030 | 15,000 | 13,858 | ||
Anheuser-Busch InBev Worldwide, Inc. 5.00% 6/15/2034 | 6,511 | 6,403 | ||
Anheuser-Busch InBev Worldwide, Inc. 5.45% 1/23/2039 | 2,070 | 2,077 | ||
Anheuser-Busch InBev Worldwide, Inc. 4.35% 6/1/2040 | 15,000 | 13,195 | ||
Anheuser-Busch InBev Worldwide, Inc. 4.439% 10/6/2048 | 660 | 563 | ||
Anheuser-Busch InBev Worldwide, Inc. 5.55% 1/23/2049 | 2,500 | 2,506 | ||
BAT Capital Corp. 3.222% 8/15/2024 | 12,758 | 12,691 | ||
BAT Capital Corp. 2.789% 9/6/2024 | 4,000 | 3,968 | ||
BAT Capital Corp. 3.215% 9/6/2026 | 11,050 | 10,522 | ||
BAT Capital Corp. 4.70% 4/2/2027 | 6,420 | 6,310 | ||
BAT Capital Corp. 3.557% 8/15/2027 | 47,755 | 45,256 | ||
BAT Capital Corp. 3.462% 9/6/2029 | 2,000 | 1,817 | ||
BAT Capital Corp. 4.906% 4/2/2030 | 2,500 | 2,430 | ||
BAT Capital Corp. 6.421% 8/2/2033 | 15,511 | 16,206 | ||
BAT Capital Corp. 6.00% 2/20/2034 | 6,964 | 7,041 | ||
BAT Capital Corp. 4.39% 8/15/2037 | 5,570 | 4,702 | ||
BAT Capital Corp. 4.54% 8/15/2047 | 242 | 188 | ||
BAT Capital Corp. 4.758% 9/6/2049 | 2,283 | 1,813 | ||
BAT Capital Corp. 5.65% 3/16/2052 | 9,168 | 8,252 | ||
BAT Capital Corp. 7.081% 8/2/2053 | 23,787 | 25,619 | ||
BAT International Finance PLC 3.95% 6/15/20251 | 16,500 | 16,213 | ||
Campbell Soup Co. 5.40% 3/21/2034 | 8,339 | 8,252 | ||
Coca-Cola Co. 5.00% 5/13/2034 | 24,502 | 24,431 | ||
Coca-Cola Co. 5.30% 5/13/2054 | 8,888 | 8,766 | ||
Coca-Cola Consolidated, Inc. 5.45% 6/1/2034 | 9,647 | 9,706 | ||
Conagra Brands, Inc. 4.60% 11/1/2025 | 6,790 | 6,701 | ||
Conagra Brands, Inc. 5.30% 11/1/2038 | 2,984 | 2,796 |
9 | Capital Group Central Corporate Bond Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Consumer staples (continued) | ||||
Conagra Brands, Inc. 5.40% 11/1/2048 | USD5,403 | $4,964 | ||
Constellation Brands, Inc. 3.60% 2/15/2028 | 2,813 | 2,657 | ||
Constellation Brands, Inc. 2.875% 5/1/2030 | 3,082 | 2,696 | ||
Constellation Brands, Inc. 2.25% 8/1/2031 | 24,098 | 19,680 | ||
Constellation Brands, Inc. 4.75% 5/9/2032 | 24,906 | 23,858 | ||
Constellation Brands, Inc. 4.90% 5/1/2033 | 11,113 | 10,688 | ||
J. M. Smucker Co. (The) 6.50% 11/15/2043 | 4,038 | 4,263 | ||
J. M. Smucker Co. (The) 6.50% 11/15/2053 | 7,266 | 7,789 | ||
Keurig Dr Pepper, Inc. 4.417% 5/25/2025 | 1,194 | 1,182 | ||
Keurig Dr Pepper, Inc. 3.80% 5/1/2050 | 2,434 | 1,819 | ||
PepsiCo, Inc. 1.625% 5/1/2030 | 3,894 | 3,242 | ||
PepsiCo, Inc. 1.40% 2/25/2031 | 14,189 | 11,345 | ||
PepsiCo, Inc. 1.95% 10/21/2031 | 29,114 | 23,810 | ||
Philip Morris International, Inc. 1.50% 5/1/2025 | 1,004 | 969 | ||
Philip Morris International, Inc. 3.375% 8/11/2025 | 27,395 | 26,785 | ||
Philip Morris International, Inc. 4.875% 2/13/2026 | 25,000 | 24,844 | ||
Philip Morris International, Inc. 3.375% 8/15/2029 | 2,363 | 2,177 | ||
Philip Morris International, Inc. 2.10% 5/1/2030 | 9,300 | 7,836 | ||
Philip Morris International, Inc. 5.50% 9/7/2030 | 15,000 | 15,154 | ||
Philip Morris International, Inc. 1.75% 11/1/2030 | 12,193 | 9,872 | ||
Philip Morris International, Inc. 5.75% 11/17/2032 | 29,976 | 30,609 | ||
Philip Morris International, Inc. 5.375% 2/15/2033 | 14,327 | 14,216 | ||
Philip Morris International, Inc. 5.625% 9/7/2033 | 16,910 | 17,061 | ||
Philip Morris International, Inc. 5.25% 2/13/2034 | 8,055 | 7,893 | ||
Procter & Gamble Co. 4.35% 1/29/2029 | 25,858 | 25,548 | ||
Reynolds American, Inc. 4.45% 6/12/2025 | 20,220 | 19,977 | ||
Reynolds American, Inc. 5.70% 8/15/2035 | 1,555 | 1,526 | ||
Reynolds American, Inc. 5.85% 8/15/2045 | 27,544 | 25,664 | ||
Walmart, Inc. 4.10% 4/15/2033 | 5,393 | 5,113 | ||
Walmart, Inc. 4.50% 4/15/2053 | 14,247 | 12,565 | ||
706,370 | ||||
Communication services 4.78% | ||||
AT&T, Inc. 2.30% 6/1/2027 | 1,221 | 1,123 | ||
AT&T, Inc. 4.35% 3/1/2029 | 17,514 | 16,901 | ||
AT&T, Inc. 4.30% 2/15/2030 | 21,111 | 20,129 | ||
AT&T, Inc. 2.25% 2/1/2032 | 20,507 | 16,542 | ||
AT&T, Inc. 2.55% 12/1/2033 | 15,124 | 11,936 | ||
AT&T, Inc. 3.50% 9/15/2053 | 45,211 | 30,559 | ||
Charter Communications Operating, LLC 4.908% 7/23/2025 | 1,729 | 1,712 | ||
Charter Communications Operating, LLC 3.75% 2/15/2028 | 1,400 | 1,298 | ||
Charter Communications Operating, LLC 4.20% 3/15/2028 | 3,945 | 3,712 | ||
Charter Communications Operating, LLC 2.80% 4/1/2031 | 4,864 | 3,971 | ||
Charter Communications Operating, LLC 4.40% 4/1/2033 | 8,000 | 7,033 | ||
Charter Communications Operating, LLC 3.70% 4/1/2051 | 44,316 | 27,150 | ||
Charter Communications Operating, LLC 3.90% 6/1/2052 | 8,780 | 5,515 | ||
Charter Communications Operating, LLC 5.25% 4/1/2053 | 18,137 | 14,311 | ||
Comcast Corp. 4.80% 5/15/2033 | 8,998 | 8,702 | ||
Comcast Corp. 5.30% 6/1/2034 | 58,295 | 58,272 | ||
Comcast Corp. 2.887% 11/1/2051 | 3,682 | 2,292 | ||
Comcast Corp. 5.35% 5/15/2053 | 4,260 | 4,059 | ||
Comcast Corp. 5.65% 6/1/2054 | 22,364 | 22,200 | ||
Netflix, Inc. 5.875% 11/15/2028 | 10,597 | 10,905 | ||
Netflix, Inc. 5.375% 11/15/20291 | 20,569 | 20,714 | ||
Netflix, Inc. 4.875% 6/15/20301 | 1,069 | 1,047 | ||
T-Mobile USA, Inc. 3.50% 4/15/2025 | 12,285 | 12,056 | ||
T-Mobile USA, Inc. 1.50% 2/15/2026 | 17,750 | 16,612 | ||
T-Mobile USA, Inc. 3.75% 4/15/2027 | 10,000 | 9,592 | ||
T-Mobile USA, Inc. 2.05% 2/15/2028 | 2,185 | 1,952 | ||
T-Mobile USA, Inc. 3.875% 4/15/2030 | 14,841 | 13,798 | ||
T-Mobile USA, Inc. 2.55% 2/15/2031 | 7,659 | 6,461 | ||
T-Mobile USA, Inc. 3.50% 4/15/2031 | 5,158 | 4,596 | ||
T-Mobile USA, Inc. 5.05% 7/15/2033 | 12,899 | 12,564 | ||
T-Mobile USA, Inc. 5.15% 4/15/2034 | 23,230 | 22,762 | ||
T-Mobile USA, Inc. 3.00% 2/15/2041 | 12,986 | 9,324 | ||
T-Mobile USA, Inc. 3.30% 2/15/2051 | 8,465 | 5,704 | ||
T-Mobile USA, Inc. 3.40% 10/15/2052 | 25,878 | 17,612 |
Capital Group Central Corporate Bond Fund | 10 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Communication services (continued) | ||||
T-Mobile USA, Inc. 5.50% 1/15/2055 | USD2,290 | $2,196 | ||
Verizon Communications, Inc. 3.00% 3/22/2027 | 12,377 | 11,695 | ||
Verizon Communications, Inc. 2.10% 3/22/2028 | 5,000 | 4,481 | ||
Verizon Communications, Inc. 1.68% 10/30/2030 | 6,715 | 5,418 | ||
Verizon Communications, Inc. 1.75% 1/20/2031 | 10,248 | 8,237 | ||
Verizon Communications, Inc. 2.55% 3/21/2031 | 2,849 | 2,403 | ||
Verizon Communications, Inc. 2.355% 3/15/2032 | 455 | 370 | ||
Verizon Communications, Inc. 2.65% 11/20/2040 | 31,866 | 21,965 | ||
Verizon Communications, Inc. 3.40% 3/22/2041 | 21,947 | 16,801 | ||
Verizon Communications, Inc. 2.875% 11/20/2050 | 1,503 | 948 | ||
Verizon Communications, Inc. 3.55% 3/22/2051 | 1,737 | 1,244 | ||
Verizon Communications, Inc. 5.50% 2/23/2054 | 609 | 594 | ||
Verizon Communications, Inc. 2.987% 10/30/2056 | 28,083 | 17,141 | ||
Vodafone Group PLC 4.125% 5/30/2025 | 2,500 | 2,466 | ||
Vodafone Group PLC 4.25% 9/17/2050 | 1,900 | 1,489 | ||
WarnerMedia Holdings, Inc. 5.05% 3/15/2042 | 8,688 | 7,184 | ||
527,748 | ||||
Energy 3.88% | ||||
BP Capital Markets America, Inc. 4.893% 9/11/2033 | 47,387 | 46,028 | ||
BP Capital Markets America, Inc. 2.772% 11/10/2050 | 10,111 | 6,241 | ||
BP Capital Markets America, Inc. 3.001% 3/17/2052 | 5,000 | 3,233 | ||
Canadian Natural Resources, Ltd. 2.05% 7/15/2025 | 11,363 | 10,913 | ||
Canadian Natural Resources, Ltd. 3.85% 6/1/2027 | 11,548 | 11,079 | ||
Canadian Natural Resources, Ltd. 2.95% 7/15/2030 | 2,690 | 2,347 | ||
Chevron Corp. 1.554% 5/11/2025 | 1,950 | 1,883 | ||
Chevron Corp. 2.236% 5/11/2030 | 34,096 | 29,384 | ||
Chevron Corp. 3.078% 5/11/2050 | 7,101 | 4,825 | ||
Chevron USA, Inc. 0.687% 8/12/2025 | 4,896 | 4,654 | ||
Chevron USA, Inc. 1.018% 8/12/2027 | 6,577 | 5,823 | ||
Chevron USA, Inc. 3.25% 10/15/2029 | 4,050 | 3,746 | ||
Chevron USA, Inc. 2.343% 8/12/2050 | 1,497 | 874 | ||
ConocoPhillips Co. 3.80% 3/15/2052 | 15,556 | 11,628 | ||
ConocoPhillips Co. 5.30% 5/15/2053 | 19,621 | 18,626 | ||
ConocoPhillips Co. 5.55% 3/15/2054 | 13,992 | 13,791 | ||
Diamondback Energy, Inc. 5.40% 4/18/2034 | 10,888 | 10,738 | ||
Diamondback Energy, Inc. 5.75% 4/18/2054 | 5,821 | 5,616 | ||
Enbridge, Inc. 6.70% 11/15/2053 | 8,103 | 8,883 | ||
Eni SpA 5.50% 5/15/20341 | 11,190 | 11,120 | ||
Eni SpA 5.95% 5/15/20541 | 13,977 | 13,830 | ||
Equinor ASA 3.70% 4/6/2050 | 3,550 | 2,696 | ||
Exxon Mobil Corp. 2.992% 3/19/2025 | 1,700 | 1,669 | ||
Exxon Mobil Corp. 2.61% 10/15/2030 | 1,850 | 1,616 | ||
Exxon Mobil Corp. 3.452% 4/15/2051 | 38,813 | 28,030 | ||
Kinder Morgan, Inc. 5.20% 6/1/2033 | 6,646 | 6,419 | ||
Kinder Morgan, Inc. 5.40% 2/1/2034 | 23,433 | 22,939 | ||
ONEOK, Inc. 6.05% 9/1/2033 | 2,077 | 2,127 | ||
ONEOK, Inc. 6.625% 9/1/2053 | 6,343 | 6,788 | ||
Petroleos Mexicanos 4.25% 1/15/2025 | 3,400 | 3,340 | ||
Petroleos Mexicanos 4.50% 1/23/2026 | 5,371 | 5,080 | ||
Petroleos Mexicanos 6.875% 8/4/2026 | 4,349 | 4,238 | ||
Petroleos Mexicanos 6.50% 3/13/2027 | 11,700 | 11,076 | ||
Shell International Finance BV 3.875% 11/13/2028 | 1,849 | 1,772 | ||
Shell International Finance BV 2.75% 4/6/2030 | 25,000 | 22,204 | ||
Shell International Finance BV 3.25% 4/6/2050 | 24,590 | 17,091 | ||
Shell International Finance BV 3.00% 11/26/2051 | 3,015 | 1,966 | ||
TotalEnergies Capital International SA 2.986% 6/29/2041 | 4,110 | 2,994 | ||
TotalEnergies Capital International SA 3.127% 5/29/2050 | 17,208 | 11,686 | ||
TotalEnergies Capital SA 5.488% 4/5/2054 | 8,337 | 8,247 | ||
Williams Companies, Inc. 5.15% 3/15/2034 | 42,658 | 41,425 | ||
428,665 | ||||
Information technology 3.75% | ||||
Adobe, Inc. 1.90% 2/1/2025 | 7,105 | 6,946 | ||
Adobe, Inc. 2.15% 2/1/2027 | 25,694 | 23,923 | ||
Adobe, Inc. 2.30% 2/1/2030 | 13,520 | 11,758 | ||
Analog Devices, Inc. 2.10% 10/1/2031 | 6,258 | 5,147 |
11 | Capital Group Central Corporate Bond Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Information technology (continued) | ||||
Analog Devices, Inc. 5.05% 4/1/2034 | USD8,258 | $8,212 | ||
Analog Devices, Inc. 2.80% 10/1/2041 | 4,230 | 2,986 | ||
Analog Devices, Inc. 2.95% 10/1/2051 | 7,728 | 5,049 | ||
Analog Devices, Inc. 5.30% 4/1/2054 | 17,096 | 16,656 | ||
Broadcom Corp. 3.875% 1/15/2027 | 11,718 | 11,317 | ||
Broadcom, Inc. 4.75% 4/15/2029 | 3,562 | 3,497 | ||
Broadcom, Inc. 4.15% 11/15/2030 | 1,789 | 1,676 | ||
Broadcom, Inc. 3.469% 4/15/20341 | 44,692 | 37,686 | ||
Cisco Systems, Inc. 4.85% 2/26/2029 | 13,231 | 13,196 | ||
Cisco Systems, Inc. 4.95% 2/26/2031 | 17,824 | 17,729 | ||
Cisco Systems, Inc. 5.05% 2/26/2034 | 75,498 | 75,058 | ||
Cisco Systems, Inc. 5.30% 2/26/2054 | 9,701 | 9,524 | ||
Cisco Systems, Inc. 5.35% 2/26/2064 | 4,021 | 3,918 | ||
Intel Corp. 5.70% 2/10/2053 | 8,612 | 8,431 | ||
Intel Corp. 5.90% 2/10/2063 | 3,355 | 3,338 | ||
Intuit, Inc. 1.35% 7/15/2027 | 5,000 | 4,481 | ||
Microchip Technology, Inc. 5.05% 3/15/2029 | 38,775 | 38,448 | ||
Microsoft Corp. 3.30% 2/6/2027 | 14,000 | 13,478 | ||
Microsoft Corp. 2.525% 6/1/2050 | 436 | 274 | ||
Microsoft Corp. 2.921% 3/17/2052 | 1,814 | 1,224 | ||
Oracle Corp. 3.60% 4/1/2040 | 7,345 | 5,661 | ||
Oracle Corp. 3.60% 4/1/2050 | 16,831 | 11,717 | ||
ServiceNow, Inc. 1.40% 9/1/2030 | 55,955 | 45,054 | ||
Texas Instruments, Inc. 4.60% 2/8/2029 | 5,952 | 5,896 | ||
Texas Instruments, Inc. 4.85% 2/8/2034 | 12,671 | 12,482 | ||
Texas Instruments, Inc. 5.15% 2/8/2054 | 9,618 | 9,183 | ||
413,945 | ||||
Real estate 2.39% | ||||
Alexandria Real Estate Equities, Inc. 4.30% 1/15/2026 | 1,400 | 1,374 | ||
American Tower Corp. 5.50% 3/15/2028 | 8,964 | 9,007 | ||
American Tower Corp. 2.70% 4/15/2031 | 7,612 | 6,407 | ||
American Tower Corp. 4.05% 3/15/2032 | 4,221 | 3,829 | ||
American Tower Corp. 5.65% 3/15/2033 | 6,328 | 6,346 | ||
Boston Properties, LP 2.55% 4/1/2032 | 1,489 | 1,161 | ||
Boston Properties, LP 2.45% 10/1/2033 | 2,723 | 2,014 | ||
Boston Properties, LP 6.50% 1/15/2034 | 10,408 | 10,579 | ||
COPT Defense Properties, LP 2.25% 3/15/2026 | 4,255 | 4,007 | ||
Crown Castle, Inc. 5.00% 1/11/2028 | 20,790 | 20,466 | ||
Crown Castle, Inc. 2.50% 7/15/2031 | 5,874 | 4,830 | ||
Crown Castle, Inc. 5.80% 3/1/2034 | 11,218 | 11,297 | ||
Equinix Europe 2 Financing Corp., LLC 5.50% 6/15/2034 | 8,234 | 8,141 | ||
Equinix, Inc. 3.20% 11/18/2029 | 9,053 | 8,113 | ||
Equinix, Inc. 2.15% 7/15/2030 | 7,728 | 6,411 | ||
Equinix, Inc. 3.00% 7/15/2050 | 9,983 | 6,304 | ||
Kilroy Realty, LP 6.25% 1/15/2036 | 11,555 | 11,098 | ||
Prologis, LP 4.75% 6/15/2033 | 5,665 | 5,440 | ||
Prologis, LP 5.125% 1/15/2034 | 15,137 | 14,905 | ||
Prologis, LP 5.00% 3/15/2034 | 8,500 | 8,293 | ||
Prologis, LP 5.25% 6/15/2053 | 9,031 | 8,531 | ||
Prologis, LP 5.25% 3/15/2054 | 1,855 | 1,739 | ||
Public Storage Operating Co. 2.30% 5/1/2031 | 2,792 | 2,329 | ||
VICI Properties, LP 4.75% 2/15/2028 | 36,173 | 35,115 | ||
VICI Properties, LP 4.95% 2/15/2030 | 25,255 | 24,211 | ||
VICI Properties, LP 5.125% 5/15/2032 | 42,819 | 40,494 | ||
VICI Properties, LP 5.625% 5/15/2052 | 2,362 | 2,114 | ||
264,555 | ||||
Consumer discretionary 2.31% | ||||
Amazon.com, Inc. 3.80% 12/5/2024 | 10,000 | 9,923 | ||
Amazon.com, Inc. 1.50% 6/3/2030 | 7,522 | 6,233 | ||
Amazon.com, Inc. 3.60% 4/13/2032 | 17,571 | 16,064 | ||
American Honda Finance Corp. 1.20% 7/8/2025 | 2,546 | 2,433 | ||
Daimler Trucks Finance North America, LLC 5.15% 1/16/20261 | 6,155 | 6,123 | ||
Daimler Trucks Finance North America, LLC 5.125% 1/19/20281 | 3,467 | 3,446 | ||
Ford Motor Co. 3.25% 2/12/2032 | 6,305 | 5,186 | ||
Ford Motor Co. 6.10% 8/19/2032 | 3,695 | 3,687 |
Capital Group Central Corporate Bond Fund | 12 |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
Corporate bonds, notes & loans (continued) | ||||
Consumer discretionary (continued) | ||||
Ford Motor Credit Co., LLC 3.375% 11/13/2025 | USD240 | $232 | ||
Ford Motor Credit Co., LLC 6.95% 3/6/2026 | 1,390 | 1,413 | ||
Ford Motor Credit Co., LLC 6.95% 6/10/2026 | 1,070 | 1,090 | ||
Ford Motor Credit Co., LLC 2.70% 8/10/2026 | 200 | 187 | ||
Ford Motor Credit Co., LLC 4.271% 1/9/2027 | 200 | 192 | ||
Ford Motor Credit Co., LLC 4.95% 5/28/2027 | 2,435 | 2,375 | ||
Ford Motor Credit Co., LLC 4.125% 8/17/2027 | 855 | 811 | ||
Ford Motor Credit Co., LLC 3.815% 11/2/2027 | 220 | 206 | ||
Ford Motor Credit Co., LLC 7.35% 11/4/2027 | 1,545 | 1,609 | ||
Ford Motor Credit Co., LLC 2.90% 2/16/2028 | 200 | 180 | ||
Ford Motor Credit Co., LLC 6.80% 5/12/2028 | 4,405 | 4,532 | ||
Ford Motor Credit Co., LLC 6.798% 11/7/2028 | 8,322 | 8,597 | ||
Ford Motor Credit Co., LLC 2.90% 2/10/2029 | 810 | 710 | ||
Ford Motor Credit Co., LLC 5.113% 5/3/2029 | 9,664 | 9,312 | ||
Ford Motor Credit Co., LLC 7.35% 3/6/2030 | 960 | 1,012 | ||
Ford Motor Credit Co., LLC 7.20% 6/10/2030 | 3,740 | 3,917 | ||
Ford Motor Credit Co., LLC 4.00% 11/13/2030 | 2,000 | 1,774 | ||
Ford Motor Credit Co., LLC 3.625% 6/17/2031 | 570 | 487 | ||
Ford Motor Credit Co., LLC 7.122% 11/7/2033 | 6,454 | 6,811 | ||
Ford Motor Credit Co., LLC 6.125% 3/8/2034 | 24,584 | 24,288 | ||
Home Depot, Inc. 2.50% 4/15/2027 | 3,400 | 3,182 | ||
Home Depot, Inc. 2.95% 6/15/2029 | 5,000 | 4,556 | ||
Home Depot, Inc. 1.375% 3/15/2031 | 3,028 | 2,396 | ||
Home Depot, Inc. 3.125% 12/15/2049 | 1,102 | 745 | ||
Hyundai Capital America 1.65% 9/17/20261 | 17,825 | 16,319 | ||
Hyundai Capital America 2.375% 10/15/20271 | 2,245 | 2,033 | ||
Hyundai Capital America 2.10% 9/15/20281 | 8,734 | 7,619 | ||
McDonald’s Corp. 5.00% 5/17/2029 | 3,400 | 3,393 | ||
McDonald’s Corp. 3.60% 7/1/2030 | 5,888 | 5,425 | ||
McDonald’s Corp. 5.20% 5/17/2034 | 15,255 | 15,150 | ||
McDonald’s Corp. 4.60% 5/26/2045 | 1,962 | 1,711 | ||
McDonald’s Corp. 4.45% 3/1/2047 | 5,665 | 4,761 | ||
McDonald’s Corp. 3.625% 9/1/2049 | 4,467 | 3,248 | ||
McDonald’s Corp. 5.15% 9/9/2052 | 10,121 | 9,394 | ||
Morongo Band of Mission Indians (The) 7.00% 10/1/20391 | 5,000 | 5,240 | ||
Starbucks Corp. 4.85% 2/8/2027 | 18,627 | 18,513 | ||
Toyota Motor Corp. 5.275% 7/13/2026 | 6,445 | 6,464 | ||
Toyota Motor Credit Corp. 1.15% 8/13/2027 | 21,098 | 18,725 | ||
Toyota Motor Credit Corp. 3.375% 4/1/2030 | 3,910 | 3,584 | ||
255,288 | ||||
Materials 1.02% | ||||
BHP Billiton Finance (USA), Ltd. 5.25% 9/8/2033 | 8,245 | 8,202 | ||
BHP Billiton Finance (USA), Ltd. 5.50% 9/8/2053 | 11,814 | 11,677 | ||
Dow Chemical Co. (The) 5.15% 2/15/2034 | 8,420 | 8,269 | ||
Dow Chemical Co. (The) 4.80% 5/15/2049 | 21,763 | 18,661 | ||
Dow Chemical Co. (The) 3.60% 11/15/2050 | 1,874 | 1,324 | ||
Dow Chemical Co. (The) 5.60% 2/15/2054 | 11,858 | 11,461 | ||
Eastman Chemical Co. 5.625% 2/20/2034 | 19,824 | 19,721 | ||
International Flavors & Fragrances, Inc. 3.468% 12/1/20501 | 628 | 412 | ||
Linde, Inc. 1.10% 8/10/2030 | 17,617 | 14,115 | ||
Linde, Inc. 2.00% 8/10/2050 | 2,260 | 1,229 | ||
Nutrien, Ltd. 5.80% 3/27/2053 | 1,742 | 1,731 | ||
OCI NV 6.70% 3/16/20331 | 6,726 | 6,655 | ||
Sherwin-Williams Co. 2.20% 3/15/2032 | 8,365 | 6,754 | ||
Sherwin-Williams Co. 2.90% 3/15/2052 | 3,515 | 2,204 | ||
112,415 | ||||
Total corporate bonds, notes & loans | 9,555,001 |
13 | Capital Group Central Corporate Bond Fund |
Bonds, notes & other debt instruments (continued) | Principal amount (000) | Value (000) | ||
U.S. Treasury bonds & notes 6.56% | ||||
U.S. Treasury 6.56% | ||||
U.S. Treasury 4.875% 5/31/2026 | USD59,053 | $59,055 | ||
U.S. Treasury 4.50% 5/15/2027 | 65,697 | 65,390 | ||
U.S. Treasury 4.50% 5/31/2029 | 195,893 | 195,901 | ||
U.S. Treasury 4.375% 5/15/2034 | 152,254 | 150,839 | ||
U.S. Treasury 4.625% 5/15/20444 | 137,384 | 135,817 | ||
U.S. Treasury 4.25% 2/15/2054 | 125,446 | 117,596 | ||
724,598 | ||||
Asset-backed obligations 0.91% | ||||
Castlelake Aircraft Securitization Trust, Series 2021-1, Class A, 2.868% 5/11/20371,5 | 10,433 | 9,173 | ||
CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/20601,5 | 9,269 | 8,748 | ||
CF Hippolyta, LLC, Series 2020-1, Class A2, 1.99% 7/15/20601,5 | 703 | 607 | ||
CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/20611,5 | 6,625 | 6,039 | ||
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/20611,5 | 85,198 | 75,521 | ||
100,088 | ||||
Bonds & notes of governments & government agencies outside the U.S. 0.16% | ||||
Abu Dhabi (Emirate of) 5.50% 4/30/20541 | 6,505 | 6,475 | ||
Panama (Republic of) 6.875% 1/31/2036 | 8,640 | 8,358 | ||
Panama (Republic of) 8.00% 3/1/2038 | 3,280 | 3,438 | ||
18,271 | ||||
Municipals 0.04% | ||||
Ohio 0.04% | ||||
Cleveland-Cuyahoga Port Auth., Federal Lease Rev. Bonds (VA Cleveland Health Care Center Project), Series 2021, 4.425% 5/1/2031 | 5,770 | 5,010 | ||
Total bonds, notes & other debt instruments (cost: $10,968,748,000) | 10,402,968 | |||
Short-term securities 5.21% | Shares | |||
Money market investments 5.21% | ||||
Capital Group Central Cash Fund 5.36%6,7 | 5,751,490 | 575,264 | ||
Total short-term securities (cost: $575,148,000) | 575,264 | |||
Total investment securities 99.36% (cost: $11,543,896,000) | 10,978,232 | |||
Other assets less liabilities 0.64% | 70,787 | |||
Net assets 100.00% | $11,049,019 |
Contracts | Type | Number of contracts | Expiration date | Notional amount (000) | Value and unrealized appreciation (depreciation) at 5/31/2024 (000) |
2 Year U.S. Treasury Note Futures | Long | 3,879 | 10/3/2024 | USD790,164 | $(204 ) |
5 Year U.S. Treasury Note Futures | Long | 4,207 | 10/3/2024 | 445,087 | (605 ) |
10 Year U.S. Treasury Note Futures | Short | 3,281 | 9/30/2024 | (356,963 ) | 425 |
10 Year Ultra U.S. Treasury Note Futures | Short | 11,081 | 9/30/2024 | (1,241,418 ) | 7,859 |
20 Year U.S. Treasury Bond Futures | Long | 8,361 | 9/30/2024 | 970,399 | (7,342 ) |
30 Year Ultra U.S. Treasury Bond Futures | Short | 26 | 9/30/2024 | (3,183 ) | (35 ) |
$98 |
Capital Group Central Corporate Bond Fund | 14 |
Reference index | Financing rate paid | Payment frequency | Expiration date | Notional amount (000) | Value at 5/31/2024 (000) | Upfront premium paid (received) (000) | Unrealized appreciation (depreciation) at 5/31/2024 (000) |
CDX.NA.IG.42 | 1.00% | Quarterly | 6/20/2029 | USD366,078 | $(8,189 ) | $(8,126 ) | $(63 ) |
Value at 6/1/2023 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value at 5/31/2024 (000) | Dividend or interest income (000) | |
Short-term securities 5.21% | |||||||
Money market investments 5.21% | |||||||
Capital Group Central Cash Fund 5.36% 6 | $648,298 | $4,949,849 | $5,023,112 | $82 | $147 | $575,264 | $28,221 |
1 | 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 $984,402,000, which represented 8.91% of the net assets of the fund. |
2 | Step bond; coupon rate may change at a later date. |
3 | Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date. |
4 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $24,117,000, which represented .22% of the net assets of the fund. |
5 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
6 | Rate represents the seven-day yield at 5/31/2024. |
7 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Key to abbreviation(s) |
Auth. = Authority |
CME = CME Group |
DAC = Designated Activity Company |
LIBOR = London Interbank Offered Rate |
Rev. = Revenue |
SOFR = Secured Overnight Financing Rate |
USD = U.S. dollars |
15 | Capital Group Central Corporate Bond Fund |
Assets: | ||
Investment securities, at value: | ||
Unaffiliated issuers (cost: $10,968,748) | $10,402,968 | |
Affiliated issuers (cost: $575,148) | 575,264 | $10,978,232 |
Cash | 1,228 | |
Receivables for: | ||
Sales of investments | 429,541 | |
Dividends and interest | 105,116 | |
Variation margin on futures contracts | 5,650 | 540,307 |
11,519,767 | ||
Liabilities: | ||
Payables for: | ||
Purchases of investments | 466,036 | |
Dividends on fund’s shares | 50 | |
Trustees’ deferred compensation | 60 | |
Variation margin on futures contracts | 4,473 | |
Variation margin on centrally cleared swap contracts | 125 | |
Other | 4 | 470,748 |
Net assets at May 31, 2024 | $11,049,019 | |
Net assets consist of: | ||
Capital paid in on shares of beneficial interest | $13,614,115 | |
Total distributable earnings (accumulated loss) | (2,565,096 ) | |
Net assets at May 31, 2024 | $11,049,019 |
(dollars and shares in thousands, except per-share amounts)
unlimited shares authorized (1,341,268 total shares outstanding)
Net assets | Shares outstanding | Net asset value per share | |
Class M | $11,049,019 | 1,341,268 | $8.24 |
Capital Group Central Corporate Bond Fund | 16 |
Investment income: | ||
Income: | ||
Interest from unaffiliated issuers | $465,305 | |
Dividends from affiliated issuers | 28,221 | $493,526 |
Fees and expenses: | ||
Reports to shareholders | 12 | |
Registration statement and prospectus | 1 | |
Trustees’ compensation | 64 | |
Auditing and legal | 88 | |
Custodian | 57 | |
Insurance | 25 | |
Other | 1 | 248 |
Net investment income | 493,278 | |
Net realized gain (loss) and unrealized appreciation (depreciation): | ||
Net realized gain (loss) on: | ||
Investments: | ||
Unaffiliated issuers | (547,453 ) | |
Affiliated issuers | 82 | |
Futures contracts | (42,429 ) | |
Swap contracts | (10,997 ) | (600,797 ) |
Net unrealized appreciation (depreciation) on: | ||
Investments: | ||
Unaffiliated issuers | 498,128 | |
Affiliated issuers | 147 | |
Futures contracts | (6,180 ) | |
Swap contracts | 994 | 493,089 |
Net realized gain (loss) and unrealized appreciation (depreciation) | (107,708 ) | |
Net increase (decrease) in net assets resulting from operations | $385,570 |
Year ended May 31, | ||
2024 | 2023 | |
Operations: | ||
Net investment income | $493,278 | $466,043 |
Net realized gain (loss) | (600,797 ) | (1,070,091 ) |
Net unrealized appreciation (depreciation) | 493,089 | 405,222 |
Net increase (decrease) in net assets resulting from operations | 385,570 | (198,826 ) |
Distributions paid or accrued to shareholders | (478,409 ) | (455,908 ) |
Net capital share transactions | (371,935 ) | (2,125,023 ) |
Total increase (decrease) in net assets | (464,774 ) | (2,779,757 ) |
Net assets: | ||
Beginning of year | 11,513,793 | 14,293,550 |
End of year | $11,049,019 | $11,513,793 |
17 | Capital Group Central Corporate Bond Fund |
Capital Group Central Corporate Bond Fund | 18 |
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 |
19 | Capital Group Central Corporate Bond Fund |
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Bonds, notes & other debt instruments: | ||||
Corporate bonds, notes & loans | $— | $9,555,001 | $— | $9,555,001 |
U.S. Treasury bonds & notes | — | 724,598 | — | 724,598 |
Asset-backed obligations | — | 100,088 | — | 100,088 |
Bonds & notes of governments & government agencies outside the U.S. | — | 18,271 | — | 18,271 |
Municipals | — | 5,010 | — | 5,010 |
Short-term securities | 575,264 | — | — | 575,264 |
Total | $575,264 | $10,402,968 | $— | $10,978,232 |
Other investments* | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Unrealized appreciation on futures contracts | $8,284 | $— | $— | $8,284 |
Liabilities: | ||||
Unrealized depreciation on futures contracts | (8,186 ) | — | — | (8,186 ) |
Unrealized depreciation on centrally cleared credit default swaps | — | (63 ) | — | (63 ) |
Total | $98 | $(63 ) | $— | $35 |
Capital Group Central Corporate Bond Fund | 20 |
21 | Capital Group Central Corporate Bond Fund |
Capital Group Central Corporate Bond Fund | 22 |
23 | Capital Group Central Corporate Bond Fund |
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* | $8,284 | Unrealized depreciation* | $8,186 |
Swap (centrally cleared) | Credit | Unrealized appreciation* | — | Unrealized depreciation* | 63 |
$8,284 | $8,249 |
Net realized gain (loss) | Net unrealized appreciation (depreciation) | ||||
Contracts | Risk type | Location on statement of operations | Value | Location on statement of operations | Value |
Futures | Interest | Net realized gain (loss) on futures contracts | $(42,429 ) | Net unrealized appreciation (depreciation) on futures contracts | $(6,180 ) |
Swap | Credit | Net realized gain (loss) on swap contracts | (10,997 ) | Net unrealized appreciation (depreciation) on swap contracts | 994 |
$(53,426 ) | $(5,186 ) |
Capital Group Central Corporate Bond Fund | 24 |
Undistributed ordinary income | $1,420 |
Capital loss carryforward* | (1,986,090 ) |
Gross unrealized appreciation on investments | 57,134 |
Gross unrealized depreciation on investments | (638,138 ) |
Net unrealized appreciation (depreciation) on investments | (581,004 ) |
Cost of investments | 11,567,397 |
Year ended May 31, | ||
Share class | 2024 | 2023 |
Class M | $478,409 | $455,908 |
25 | Capital Group Central Corporate Bond Fund |
Sales | Reinvestments of distributions | Repurchases | Net increase (decrease) | |||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares |
Year ended May 31, 2024 | ||||||||
Class M | $1,688,628 | 205,902 | $478,359 | 58,295 | $(2,538,922 ) | (311,107 ) | $(371,935 ) | (46,910 ) |
Year ended May 31, 2023 | ||||||||
Class M | $926,384 | 112,604 | $455,908 | 55,026 | $(3,507,315 ) | (424,580 ) | $(2,125,023 ) | (256,950 ) |
if any, of $7,730,119,000 and $7,749,689,000, respectively, during the year ended May 31, 2024.
Capital Group Central Corporate Bond Fund | 26 |
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 return | Net assets, end of year (in millions) | Ratio of expenses to average net assets2 | Ratio of net income (loss) to average net assets |
Class M: | ||||||||||||
5/31/2024 | $8.29 | $.36 | $(.06 ) | $.30 | $(.35 ) | $— | $(.35 ) | $8.24 | 3.74 % | $11,049 | — %3 | 4.42 % |
5/31/2023 | 8.69 | .29 | (.40 ) | (.11 ) | (.29 ) | — | (.29 ) | 8.29 | (1.23 ) | 11,514 | — 3 | 3.54 |
5/31/2022 | 10.00 | .25 | (1.23 ) | (.98 ) | (.24 ) | (.09 ) | (.33 ) | 8.69 | (10.08 ) | 14,294 | — 3 | 2.57 |
5/31/20214,5 | 10.00 | — 6 | — | — 6 | — | — | — | 10.00 | .00 | — 7 | — | — 3,8 |
Year ended May 31, | ||||
2024 | 2023 | 2022 | 20214,5 | |
Portfolio turnover rate for all share classes9 | 151 % | 132 % | 94 % | — %10 |
1 | Based on average shares outstanding. |
2 | Ratios do not include expenses of any Central Funds. The fund indirectly bears its proportionate share of the expenses of any Central Funds. |
3 | Amount less than .01%. |
4 | Based on operations for a period that is less than a full year. |
5 | Class M shares began investment operations on April 23, 2021. |
6 | Amount less than $.01. |
7 | Amount less than $1 million. |
8 | Not annualized. |
9 | Rates do not include the fund’s portfolio activity with respect to any Central Funds. |
10 | There was no turnover. |
27 | Capital Group Central Corporate Bond Fund |
Capital Group Central Corporate Bond Fund | 28 |
Qualified dividend income | $1,289,000 |
Section 163(j) interest dividends | 100% |
U.S. government income that may be exempt from state taxation | $48,625,000 |
29 | Capital Group Central Corporate Bond Fund |
Capital Group Central Corporate Bond Fund | 30 |
31 | Capital Group Central Corporate Bond Fund |
Capital Group Central Corporate Bond Fund | 32 |
ITEM 8 - Changes in and Disagreements with Accountants for Open-End Management Investment Companies
Not applicable, insofar as the Registrant did not have any changes in or disagreements with accountants.
ITEM 9 - Proxy Disclosures for Open-End Management Investment Companies
Not applicable, insofar as the Registrant did not have any proxy disclosures.
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
The information is included as part of the material filed under Item 7 of this Form.
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.
Capital Group Central Fund Series II
By /s/ Kristine M. Nishiyama
Kristine M. Nishiyama,
Principal Executive Officer
Date: July 31, 2024
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/ Kristine M. Nishiyama
Kristine M. Nishiyama,
Principal Executive Officer
Date: July 31, 2024
By /s/ Becky L. Park
Becky L. Park, Treasurer and
Principal Financial Officer
Date: July 31, 2024