American Funds EuroPacific Growth Fund NCSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

Certified Shareholder Report of

Registered Management Investment Companies

Investment Company Act File Number: 811-03734

EuroPacific Growth Fund

(Exact Name of Registrant as Specified in Charter)

333 South Hope Street

Los Angeles, California 90071

(Address of Principal Executive Offices)

Registrant's telephone number, including area code: (213) 486-9200

Date of fiscal year end: March 31

Date of reporting period: September 30, 2010

Vincent P. Corti

Capital Research and Management Company

333 South Hope Street

Los Angeles, California 90071

(Name and Address of Agent for Service)

Copies to:

Mark D. Perlow

K&L Gates LLP

Four Embarcadero Center, Suite 1200

San Francisco, California 94111

(Counsel for the Registrant)

ITEM 1 – Reports to Stockholders

EuroPacific Growth Fund®

Semi-annual report for the six months ended September 30, 2010

EuroPacific Growth Fund® seeks long-term growth of capital by investing primarily in the securities of companies based in Europe and the Pacific Basin. More than half of the world’s investment opportunities can be found beyond the borders of our country. As a shareholder in the fund, you have access to what we believe are the best of those opportunities.

This fund is one of the 30 American Funds. American Funds is one of the nation’s largest mutual fund families. For nearly 80 years, Capital Research and Management Company,SM the American Funds adviser, has invested with a long-term focus based on thorough research and attention to risk.

Fund results shown in this report, unless otherwise indicated, are for Class A shares at net asset value. If a sales charge (maximum 5.75%) had been deducted, the results would have been lower. Results are for past periods and are not predictive of results for future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. For current information and month-end results, visit americanfunds.com.

Here are the average annual total returns on a $1,000 investment with all distributions reinvested for periods ended September 30, 2010:

Class A shares	1 year			5 years			10 years
Reflecting 5.75% maximum sales charge		0.88	%		4.61	%		4.65	%

The total annual fund operating expense ratio was 0.85% for Class A shares as of the most recent fiscal year-end.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The fund’s investment adviser waived a portion of its management fees from September 1, 2004, through December 31, 2008. Applicable fund results shown reflect the waiver, without which they would have been lower. See the Financial Highlights table on pages 28 to 33 for details.

Results for other share classes can be found on page 5.

Equity investments are subject to market fluctuations. Investing outside the United States may be subject to additional risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries. See the prospectus and the Risk Factors section of this report for more information on these and other risks associated with investing in the fund.

Fellow shareholders:

The first half of EuroPacific Growth Fund’s fiscal year was a turbulent one, reflecting sovereign debt crises in a number of European countries, some monetary tightening in China on concerns regarding property prices and a significant oil spill in the Gulf of Mexico. However, markets ended the half year on a stronger note as concerns began to subside and the focus turned to further monetary easing. Despite this turbulent backdrop, many companies reported solid earnings.

The fund returned 2.8% for the six months ended September 30, 2010. This result was slightly better than the 2.4% return of the unmanaged MSCI All Country World ex USA Index, which measures more than 40 developed- and developing-country stock markets, as well as the 1.6% return for the Lipper International Funds Average.

[Begin Sidebar]

Results at a glance
For periods ended September 30, 2010, with all distributions reinvested

	Total returns						Average annual total returns
	Total returns												Lifetime (since
	Six months			1 year			5 years			10 years			4/16/84)
EuroPacific Growth Fund
(Class A shares)		2.8	%		7.0	%		5.9	%		5.3	%		12.1	%

MSCI All Country World ex USA
Index1,2		2.4			8.0			4.7			4.8			—

Lipper International Funds
Average3		1.6			6.1			2.5			3.0			9.6

MSCI EAFE Index1		0.5			3.7			2.4			3.0			9.4

1 The market indexes are unmanaged, and their results include reinvested distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or taxes.
2 The index did not exist prior to December 31, 1987.
3 Source: Lipper. Lipper averages do not reflect the effect of sales charges or taxes.

[End Sidebar]

Uncertain environment

Concerns regarding the solvency of Greece and a number of other European nations took a major toll on stock markets and the euro in the early summer. These countries responded by outlining major fiscal packages to allay concerns about their solvency. In addition, stress tests were performed on all banks within the euro zone, which had the dual effect of improving transparency and confidence. With euro zone industrial production reasonably resilient over the summer, both the markets and the euro rallied quite sharply by the end of the summer. China, which continues to gain importance in the global economy, confronted concerns over a looming property-price bubble. The authorities reacted by instituting a number of administrative measures to reduce the flow of credit to the property se ctor, which dampened some of the exuberance in the real estate market.

Currencies remained volatile over the half year, with the euro first falling versus the dollar but then rallying sharply toward the end of the period, while the yen strengthened. The expectation that the U.S. would require further economic stimulus measures triggered substantial capital flows into a number of Asian markets, causing sharp appreciation in both their stock markets and currencies. Some countries viewed these inflows as potentially destabilizing to their economies and implemented measures to restrict these flows. Brazil, for instance, which only 10 years ago needed foreign capital to finance its sovereign debt problems, recently implemented measures to limit foreign inflows to protect its now-stronger financial system.

How the fund responded

Financials, the fund’s largest sector at nearly 20% of net assets, were mixed during the period. As the creditworthiness of some sovereign borrowers deteriorated, concerns grew about the strength of publicly funded backstop facilities and potential losses on bank holdings of government debt. British insurer Prudential (+20.4%) and Geneva-based UBS (+4.3%), both large holdings in the fund, helped results, as did India’s Housing Development Finance Corp. (+34.6%) and Brazil’s Banco Bradesco (+19.6%). Others detracted from returns, including Banco Santander (–4.9%), Industrial and Commercial Bank of China (–2.5%), Barclays (–14.2%) and Société Générale (–8.1%). Smaller holdings Allianz (–10.1%), Credit Suisse (–1 7.2%), Deutsche Bank (–29.2%) and Nomura (–34.3%) were also weak during the period.

Telecommunication services companies made up a big portion of the fund; in fact, the fund’s largest holding was Mexico-based telecommunications company América Móvil (+5.8%). Japanese telecommunications company SOFTBANK, which also does business in China, rose 32.8%; it is one of the few companies domiciled in Japan that did well in the period. Another notable Japanese company was industrial robot manufacturer FANUC, up 19.4%. The stocks of many automakers rose during the period, including Volvo (+45.6%), Daimler (+34.5%) and Hyundai (+31.4%); Honda Motor was flat (+0.6%).

[Begin Sidebar]

Where the fund’s assets are invested (percent invested by country)
EuroPacific Growth Fund invests primarily in the stocks of companies based in Europe and the Pacific Basin.1
							MSCI
							All Country
							World
	EuroPacific Growth Fund						ex USA Index2
	(9/30/10)			(3/31/10)			(9/30/10)
Europe

Euro zone3		27.3	%		30.0	%		21.0	%
United Kingdom		10.6			10.1			14.8
Switzerland		7.8			8.0			5.4
Denmark		2.4			2.0			.7
Sweden		1.5			1.6			2.2
Russia		1.2			1.9			1.4
Norway		.8			.8			.6
Other Europe		.5			.7			1.0
		52.1			55.1			47.1

Pacific Basin

Japan		9.5			10.1			14.5
China		4.9			3.5			4.3
Canada		3.3			3.2			7.6
Mexico		3.3			3.5			1.0
South Korea		3.1			2.6			3.2
Taiwan		2.0			2.0			2.5
Australia		1.9			2.4			5.9
Hong Kong		1.6			1.2			1.8
Indonesia		.8			.6			.6
Other Pacific Basin		1.2			1.0			2.4
		31.6			30.1			43.8

Other

India		3.6			3.0			1.9
Brazil		2.2			3.1			3.9
South Africa		1.6			1.6			1.8
Israel		.8			1.1			.6
Other countries		.2			.1			.9
		8.4			8.9			9.1
Short-term securities & other
assets less liabilities		7.9			5.9			—

Total		100.0	%		100.0	%		100.0	%

1 A country is considered part of the Pacific Basin if any of its borders touches the Pacific Ocean.
2 Weighted by market capitalization.
3 Countries using the euro as a common currency: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.

[End Sidebar]

Health care companies made up more than 10% of the portfolio; although they had helped returns during the recession, their gains slowed during the six months. Three pharmaceutical companies were among the fund’s top 10 holdings: third-largest Novo Nordisk (+27.3%), fourth-largest Novartis (+6.4%) and fifth-largest Bayer (+3.0%). Other significant holdings in the fund were second-largest Anheuser-Busch InBev (+16.4%) and ninth-largest Nestlé (+3.8%).

Energy stocks fared poorly, with the outlook for the oil industry clouded by the oil rig explosion in the Gulf of Mexico. BP, which operated the well, saw its stock fall 27.8% during the period as it faced multibillion-dollar cleanup costs and legal bills in addition to increased regulatory scrutiny. Royal Dutch Shell, however, edged up 5.5%. Materials stocks also saw heavy declines as commodities prices dropped amid worries over demand from China; ArcelorMittal fell 24.7% and Syngenta declined 10.7%.

Looking ahead

EuroPacific Growth Fund invests around the world, in developed and developing countries, in Europe and Canada, in India and in many other countries that are part of the Pacific Basin. Even as developed countries face difficulties, developing countries are taking up the slack. Although we keep watch for the possibility of another bout of global economic weakness and the potential for currency battles, we have a balanced view of business conditions. The mixed economic data has tended to obscure favorable developments for corporations, such as profit growth, good cash generation, improved balance sheets and rising revenues. The fund’s investment professionals are looking at many companies that not only have these qualities but also operate in markets where growth is less suscepti ble to the developed world’s economic cycle.

We believe that our focus on companies’ long-term prospects helps bring value to shareholders. We thank you for sharing our long-term outlook and for your support of EuroPacific Growth Fund.

Sincerely,

/s/ Gina H. Despres

Gina H. Despres

Vice Chairman of the Board

/s/ Carl Kawaja

Carl Kawaja

President

November 8, 2010

For current information about the fund, visit americanfunds.com.

Other share class results

Classes B, C, F and 529

Fund results shown are for past periods and are not predictive of results for future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. For current information and month-end results, visit americanfunds.com.

Average annual total returns for periods ended September 30, 2010:
							10 years1/
	1 year			5 years			Life of class
Class B shares2
Reflecting applicable contingent deferred sales charge
(CDSC), maximum of 5%, payable only if shares
are sold within six years of purchase		1.25	%		4.76	%		4.64	%
Not reflecting CDSC		6.25			5.08			4.64

Class C shares — first sold 3/15/01
Reflecting CDSC, maximum of 1%, payable only
if shares are sold within one year of purchase		5.24			5.02			6.43
Not reflecting CDSC		6.24			5.02			6.43

Class F-1 shares3 — first sold 3/15/01
Not reflecting annual asset-based fee charged
by sponsoring firm		7.02			5.84			7.27

Class F-2 shares3 — first sold 8/1/08
Not reflecting annual asset-based fee charged
by sponsoring firm		7.32			—			0.06

Class 529-A shares4 — first sold 2/15/02
Reflecting 5.75% maximum sales charge		0.86			4.58			8.39
Not reflecting maximum sales charge		7.01			5.83			9.14

Class 529-B shares2,4 — first sold 2/19/02
Reflecting applicable CDSC, maximum of 5%, payable
only if shares are sold within six years of purchase		1.15			4.63			8.52
Not reflecting CDSC		6.15			4.95			8.52

Class 529-C shares4 — first sold 2/15/02
Reflecting CDSC, maximum of 1%, payable only
if shares are sold within one year of purchase		5.13			4.95			8.22
Not reflecting CDSC		6.13			4.95			8.22

Class 529-E shares3,4 — first sold 3/7/02		6.68			5.49			8.20

Class 529-F-1 shares3,4 — first sold 9/16/02
Not reflecting annual asset-based fee charged
by sponsoring firm		7.24			6.02			11.84

1Applicable to Class B shares only. All other share classes reflect results for the life of the class.

2These shares are not available for purchase.

3These shares are sold without any initial or contingent deferred sales charge.

4Results shown do not reflect the $10 account setup fee and an annual $10 account maintenance fee.

For information regarding the differences among the various share classes, refer to the fund’s prospectus.

Summary investment portfolio

September 30, 2010

unaudited

The following summary investment portfolio is designed to streamline the report and help investors better focus on a fund’s principal holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.

[begin pie chart]

Industry sector diversification (percent of net assets)
Financials	19.88	%
Consumer staples	10.58
Consumer discretionary	10.52
Health care	10.02
Telecommunication services	8.50
Other industries	32.53
Rights and bonds & notes	0.09
Short-term securities & other assets less liabilities	7.88

[end pie chart]

Country diversification	(percent of net assets)
Euro zone*		27.3	%
United Kingdom		10.6
Japan		9.5
Switzerland		7.8
China		4.9
India		3.6
Mexico		3.3
Canada		3.3
South Korea		3.1
Denmark		2.4
Brazil		2.2
Taiwan		2.0
Other countries		12.1
Short-term securities & other assets less liabilities		7.9

*Countries using the euro as a common currency; those represented in the fund's portfolio are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain.

							Percent
				Value			of net
Common stocks - 92.03%	Shares				(000	)	assets

Financials - 19.88%
Prudential PLC (1) (2)		131,472,280		$	1,315,870			1.27	%
UBS AG (1) (3)		71,962,122			1,223,999			1.19
Banco Santander, SA (1)		89,355,254			1,132,105			1.10
Housing Development Finance Corp. Ltd. (1)		65,696,730			1,072,483			1.04
Agricultural Bank of China, Class H (1) (3)		1,734,094,000			897,316			.87
Industrial and Commercial Bank of China Ltd., Class H (1)		1,112,354,000			827,002			.80
Barclays PLC (1)		152,969,707			718,311
Barclays PLC (1) (4)		6,192,900			29,080			.72
Banco Bradesco SA, preferred nominative		35,535,615			712,392			.69
Société Générale (1)		11,080,242			641,491			.62
Itaú Unibanco Holding SA, preferred nominative		14,379,630			343,938
Itaú Unibanco Holding SA, preferred nominative (ADR)		11,638,203			281,412			.61
Fairfax Financial Holdings Ltd.		774,114			315,152
Fairfax Financial Holdings Ltd. (CAD denominated)		500,000			203,616			.50
Bank of China Ltd., Class H (1)		916,906,000			480,025			.47
Other securities					10,326,415			10.00
					20,520,607			19.88

Consumer staples - 10.58%
Anheuser-Busch InBev NV (1)		39,103,464			2,297,326
Anheuser-Busch InBev NV, VVPR STRIPS (1) (3)		10,093,238			41			2.23
Nestlé SA (1)		23,552,000			1,255,232			1.22
British American Tobacco PLC (1)		23,169,999			865,667			.84
Tesco PLC (1)		112,197,773			747,682			.72
Danone SA (1)		12,303,168			736,790			.71
Pernod Ricard SA (1)		8,580,652			717,859			.70
Other securities					4,303,091			4.16
					10,923,688			10.58

Consumer discretionary - 10.52%
Daimler AG (1) (3)		26,020,800			1,650,897
Daimler AG (New York registered) (3)		250,000			15,825			1.61
Honda Motor Co., Ltd. (1)		29,549,250			1,051,126			1.02
Industria de Diseño Textil, SA (1)		7,729,674			613,578			.59
British Sky Broadcasting Group PLC (1)		49,684,205			550,676			.53
Other securities					6,971,994			6.77
					10,854,096			10.52

Health care - 10.02%
Novo Nordisk A/S, Class B (1)		22,139,400			2,191,337			2.12
Novartis AG (1)		37,308,325			2,149,852			2.08
Bayer AG (1)		28,674,650			2,002,347			1.94
Roche Holding AG (1)		8,148,436			1,112,590			1.08
Teva Pharmaceutical Industries Ltd. (ADR)		13,738,100			724,685			.70
CSL Ltd. (1)		16,425,000			524,699			.51
Other securities					1,635,530			1.59
					10,341,040			10.02

Telecommunication services - 8.50%
América Móvil, SAB de CV, Series L (ADR)		50,366,501			2,686,045
América Móvil, SAB de CV, Series L		74,020,000			197,185			2.79
SOFTBANK CORP. (1)		40,038,000			1,312,042			1.27
Telefónica, SA (1)		43,744,100			1,085,197			1.05
MTN Group Ltd. (1)		33,224,200			600,362			.58
Koninklijke KPN NV (1)		33,469,900			518,117			.50
Other securities					2,372,996			2.31
					8,771,944			8.50

Information technology - 8.44%
Samsung Electronics Co. Ltd. (1)		1,544,659			1,052,617
Samsung Electronics Co. Ltd., nonvoting preferred (1)		48,800			23,839			1.04
Canon, Inc. (1)		20,801,700			972,708			.94
SAP AG (1)		16,604,795			822,535
SAP AG (ADR)		1,380,000			68,048			.86
Taiwan Semiconductor Manufacturing Co. Ltd. (1)		276,878,136			549,272
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)		5,822,723			59,042			.59
HOYA CORP. (1)		21,689,700			530,074			.51
Other securities					4,635,419			4.50
					8,713,554			8.44

Materials - 6.79%
ArcelorMittal (1)		19,288,136			638,361			.62
Syngenta AG (1)		1,974,315			490,962			.48
Other securities					5,882,690			5.69
					7,012,013			6.79

Industrials - 6.75%
Siemens AG (1)		7,171,500			758,499			.74
Schneider Electric SA (1)		4,733,857			601,479			.58
Ryanair Holdings PLC (ADR)		16,857,900			519,392			.50
Other securities					5,085,439			4.93
					6,964,809			6.75

Energy - 6.24%
BP PLC (1)		109,199,694			746,535			.72
OAO Gazprom (ADR) (1)		27,332,000			575,134			.56
Royal Dutch Shell PLC, Class B (1)		14,110,000			411,909
Royal Dutch Shell PLC, Class B (ADR)		1,292,999			76,015			.47
Canadian Natural Resources, Ltd.		14,062,600			486,430			.47
Other securities					4,149,218			4.02
					6,445,241			6.24

Utilities - 1.97%
GDF SUEZ (1)		14,626,539			525,247			.51
Other securities					1,503,254			1.46
					2,028,501			1.97

Miscellaneous - 2.34%
Other common stocks in initial period of acquisition					2,418,649			2.34


Total common stocks (cost: $71,651,933,000)					94,994,142			92.03



							Percent
				Value			of net
Rights - 0.04%					(000	)	assets

Miscellaneous - 0.04%
Other rights in initial period of acquisition					44,423			.04


Total rights (cost: $0)					44,423			.04



							Percent
				Value			of net
Bonds & notes - 0.05%					(000	)	assets

Financials - 0.05%
Other securities					50,332			.05


Total bonds & notes (cost: $33,994,000)					50,332			.05



	Principal						Percent
	amount			Value			of net
Short-term securities - 7.85%		(000	)		(000	)	assets

Freddie Mac 0.16%-0.44% due 10/1/2010-6/21/2011	$	2,974,634			2,972,544			2.88
Fannie Mae 0.16%-0.51% due 10/1/2010-6/1/2011		2,433,665			2,432,322			2.36
Straight-A Funding LLC 0.24%-0.31% due 10/26-12/16/2010 (4)		510,882			510,664			.49
Novartis Securities Investment Ltd. 0.22%-0.24% due 10/1-12/20/2010 (4)		52,400			52,387			.05
Roche Holdings, Inc. 0.19% due 10/18/2010 (4)		50,000			49,995			.05
Other securities					2,089,127			2.02

Total short-term securities (cost: $8,105,130,000)					8,107,039			7.85


Total investment securities (cost: $79,791,057,000)					103,195,936			99.97
Other assets less liabilities					26,011			.03

Net assets				$	103,221,947			100.00	%

"Miscellaneous" securities include holdings in their initial period of acquisition that have not previously been publicly disclosed.

"Other securities" includes all issues that are not disclosed separately in the summary investment portfolio.

Investments in affiliates
A company is considered to be an affiliate of the fund under the Investment Company Act of 1940 if the fund's holdings in that company represent 5% or more of the outstanding voting shares. The value of the fund's affiliated-company holdings is either shown in the summary investment portfolio or included in the value of "Other securities" under the respective industry sectors. Further details on such holdings and related transactions during the six months ended September 30, 2010, appear below.

	Beginning shares		Additions		Reductions		Ending shares		Dividend income (000)		Value of affiliates at 9/30/2010 (000)
Prudential PLC (1)		119,635,824		13,166,456		1,330,000		131,472,280	$	38,471	$	1,315,870
UCB SA (1)		10,749,931		1,168,671		-		11,918,602		12,949		413,413
Capita Group PLC (1)		31,129,005		-		-		31,129,005		8,508		384,716
Hirose Electric Co., Ltd. (1)		2,402,500		-		-		2,402,500		1,990		242,434
Air France (1) (3)		12,008,000		3,002,900		-		15,010,900		-		230,134
Techtronic Industries Co. Ltd. (1)		86,710,000		-		-		86,710,000		919		84,930
HOYA CORP. (5)		23,734,700		130,000		2,175,000		21,689,700		7,185		-
									$	70,022	$	2,671,497

The following footnotes apply to either the individual securities noted or one or more of the securities aggregated and listed as a single line item.

(1) Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities, including those in "Miscellaneous" and "Other securities," was $83,985,185,000, which represented 81.36% of the net assets of the fund. This amount includes $83,731,809,000 related to certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading.

(2) Represents an affiliated company as defined under the Investment Company Act of 1940.

(3) Security did not produce income during the last 12 months.

(4) Acquired in a transaction exempt from registration under 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, including those in "Other securities," was $1,543,322,000, which represented 1.50% of the net assets of the fund.

(5) Unaffiliated issuer at 9/30/2010.

Key to abbreviations

ADR = American Depositary Receipts

CAD = Canadian dollars

See Notes to Financial Statements

Financial statements

Statement of assets and liabilities			unaudited
at September 30, 2010	(dollars in thousands)

Assets:
Investment securities, at value:
Unaffiliated issuers (cost: $77,392,529)	$	100,524,439
Affiliated issuers (cost: $2,398,528)		2,671,497	$	103,195,936
Cash denominated in currencies other than U.S. dollars (cost: $14,020)				14,109
Cash				3,690
Receivables for:
Sales of investments		359,638
Sales of fund's shares		264,059
Dividends and interest		238,966		862,663
				104,076,398
Liabilities:
Unrealized depreciation on open forward currency contracts				15,224
Payables for:
Purchases of investments		408,936
Repurchases of fund's shares		315,887
Investment advisory services		34,803
Services provided by affiliates		31,334
Trustees' deferred compensation		2,817
Non-U.S. taxes		42,987
Other		2,463		839,227
Net assets at September 30, 2010			$	103,221,947

Net assets consist of:
Capital paid in on shares of beneficial interest			$	92,516,425
Undistributed net investment income				870,848
Accumulated net realized loss				(13,519,042	)
Net unrealized appreciation				23,353,716
Net assets at September 30, 2010			$	103,221,947

(dollars and shares in thousands, except per-share amounts)
Shares of beneficial interest issued and outstanding (no stated par value) - unlimited shares authorized (2,613,081 total shares outstanding)
	Net assets		Shares outstanding		Net asset value per share
Class A	$	38,548,317		971,143	$	39.69
Class B		791,885		20,237		39.13
Class C		2,770,599		71,786		38.60
Class F-1		8,519,965		215,737		39.49
Class F-2		4,806,855		120,960		39.74
Class 529-A		863,999		21,946		39.37
Class 529-B		82,171		2,131		38.56
Class 529-C		318,574		8,283		38.46
Class 529-E		47,981		1,230		39.01
Class 529-F-1		60,413		1,533		39.40
Class R-1		292,885		7,658		38.25
Class R-2		1,281,833		33,333		38.46
Class R-3		7,123,443		183,013		38.92
Class R-4		11,842,983		303,282		39.05
Class R-5		15,593,609		392,563		39.72
Class R-6		10,276,435		258,246		39.79

See Notes to Financial Statements

Statement of operations				unaudited
for the six months ended September 30, 2010	(dollars in thousands)

Investment income:
Income:
Dividends (net of non-U.S. taxes of $167,267; also includes $70,022 from affiliates)	$	1,369,086
Interest		17,364		$	1,386,450

Fees and expenses*:
Investment advisory services		205,303
Distribution services		110,098
Transfer agent services		24,860
Administrative services		39,193
Reports to shareholders		1,863
Registration statement and prospectus		2,406
Trustees' compensation		207
Auditing and legal		62
Custodian		10,725
Other		1,329			396,046
Net investment income					990,404

Net realized gain and unrealized appreciation on investments, forward currency contracts and currency:
Net realized gain (loss) on:
Investments (includes $30,641 net loss from affiliates)		400,762
Forward currency contracts		(14,076	)
Currency transactions		(6,654	)		380,032
Net unrealized appreciation (depreciation) on:
Investments (net of non-U.S. taxes of $42,987)		1,279,284
Forward currency contracts		(22,084	)
Currency translations		3,233			1,260,433
Net realized gain and unrealized appreciation on investments, forward currency contracts and currency					1,640,465
Net increase in net assets resulting from operations				$	2,630,869

(*) Additional information related to class-specific fees and expenses is included
in the Notes to Financial Statements.

See Notes to Financial Statements



Statements of changes in net assets		(dollars in thousands)
	Six months ended September 30, 2010*			Year ended March 31, 2010
Operations:
Net investment income	$	990,404		$	1,275,326
Net realized gain (loss) on investments, forward currency contracts and currency transactions		380,032			(1,253,069	)
Net unrealized appreciation on investments, forward currency contracts and currency translations		1,260,433			33,645,974
Net increase in net assets resulting from operations		2,630,869			33,668,231

Dividends paid to shareholders from net investment income		-			(1,624,677	)

Net capital share transactions		(1,888,317	)		6,951,394

Total increase in net assets		742,552			38,994,948

Net assets:
Beginning of period		102,479,395			63,484,447
End of period (including undistributed and distributions in excess of
net investment income: $870,848 and $(119,556), respectively)	$	103,221,947		$	102,479,395

*Unaudited.

See Notes to Financial Statements

Notes to financial statements

unaudited

1.	Organization

EuroPacific Growth Fund (the "fund") is registered under the Investment Company Act of 1940 as an open-end, diversified management investment company. The fund seeks long-term growth of capital by investing primarily in the securities of companies based in Europe and the Pacific Basin.

The fund has 16 share classes consisting of five retail share classes, five 529 college savings plan share classes and six retirement plan share classes. The 529 college savings plan share classes (529-A, 529-B, 529-C, 529-E and 529-F-1) can be used to save for college education. The six retirement plan share classes (R-1, R-2, R-3, R-4, R-5 and R-6) are generally offered only through eligible employer-sponsored retirement plans. The fund’s share classes are described below:

Share class	Initial sales charge	Contingent deferred sales charge upon redemption	Conversion feature
Classes A and 529-A	Up to 5.75%	None (except 1% for certain redemptions within one year of purchase without an initial sales charge)	None
Classes B and 529-B*	None	Declines from 5% to 0% for redemptions within six years of purchase	Classes B and 529-B convert to Classes A and 529-A, respectively, after eight years
Class C	None	1% for redemptions within one year of purchase	Class C converts to Class F-1 after 10 years
Class 529-C	None	1% for redemptions within one year of purchase	None
Class 529-E	None	None	None
Classes F-1, F-2 and 529-F-1	None	None	None
Classes R-1, R-2, R-3, R-4, R-5 and R-6	None	None	None

*Class B and 529-B shares of the fund are not available for purchase.

Holders of all share classes have equal pro rata rights to assets, dividends and liquidation proceeds. Each share class has identical voting rights, except for the exclusive right to vote on matters affecting only its class. Share classes have different fees and expenses ("class-specific fees and expenses"), primarily due to different arrangements for distribution, administrative and shareholder services. Differences in class-specific fees and expenses will result in differences in net investment income and, therefore, the payment of different per-share dividends by each class.

2.	Significant accounting policies

The financial statements have been prepared to comply with accounting principles generally accepted in the United States of America. These principles require management to make estimates and assumptions that affect reported amounts and disclosures. Actual results could differ from those estimates. The fund follows the significant accounting policies described below, as well as the valuation policies described in the next section on valuation.

Security transactions and related investment income – Security transactions are recorded by the fund as of the date the trades are executed with brokers. Realized gains and losses from security transactions are determined based on the specific identified cost of the securities. In the event a security is purchased with a delayed payment date, the fund will segregate liquid assets sufficient to meet its payment obligations. Dividend income is recognized on the ex-dividend date and interest income is recognized on an accrual basis. Market discounts, premiums and original issue discounts on fixed- income securities are amortized daily over the expected life of the security.

Class allocations – Income, fees and expenses (other than class-specific fees and expenses) and realized and unrealized gains and losses are allocated daily among the various share classes based on their relative net assets. Class-specific fees and expenses, such as distribution, administrative and shareholder services, are charged directly to the respective share class.

Dividends and distributions to shareholders – Dividends and distributions paid to shareholders are recorded on the ex-dividend date.

Currency translation – Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investment securities and income and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions. On the accompanying financial statements, the effects of changes in exchange rates on investment securities are included with the net realized gain or loss and net unrealized appreciation or depreciation on investments. The realized gain or loss and unrealized appreciation or depreciation resulting from all other transactions denominated in currencies other than U.S. dollars are disclosed separately.

Valuation

The fund’s investments are reported at fair value as defined by accounting principles generally accepted in the United States of America. The fund generally determines its net asset value as of approximately 4:00 p.m. New York time each day the New York Stock Exchange is open.

Methods and inputs – The fund uses the following methods and inputs to establish the fair value of its assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Equity securities are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market in which the security trades.

Fixed-income securities, including short-term securities purchased with more than 60 days left to maturity, are generally valued at prices obtained as of approximately 3:00 p.m. New York time from one or more pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

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; convertible securities	Standard inputs and underlying equity of the issuer
Bonds & notes of governments & government agencies	Standard inputs and interest rate volatilities

Where the investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or not deemed to be representative), fixed-income securities will be valued in good faith at the mean quoted bid and asked prices that are reasonably and timely available (or bid prices, if asked prices are not available) or at prices for securities of comparable maturity, quality and type.

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described above for either equity or fixed-income securities, depending on which method is deemed most appropriate by the investment adviser. Short-term securities purchased within 60 days to maturity are valued at amortized cost, which approximates fair value. The value of short-term securities originally purchased with maturities greater than 60 days is determined based on an amortized value to par when they reach 60 days. Forward currency contracts are valued at the mean of representative quoted bid and asked prices.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the investment adviser are fair valued as determined in good faith under guidelines adopted by authority of the fund's board of trustees. Market quotations may be considered unreliable if events occur that materially affect the value of securities (particularly equity securities trading outside the U.S.) between the close of trading in those securities and the close of regular trading on the New York Stock Exchange. Various inputs may be reviewed in order to make a good faith determination of a security’s fair value. These inputs include, but are not limited to, the type and cost of the security; contractual or legal restrictions on resale of the sec urity; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

Classifications - The fund classifies its assets and liabilities into three levels based on the inputs 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 fund’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 unde rlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The following tables present the fund’s valuation levels as of September 30, 2010 (dollars in thousands):

Investment securities:	Level 1		Level 2			Level 3		Total
Common stocks:
Financials	$	2,654,689	$	17,865,918	*	$	-	$	20,520,607
Consumer staples		324,959		10,598,729	*		-		10,923,688
Consumer discretionary		15,825		10,838,271	*		-		10,854,096
Health care		724,685		9,616,355	*		-		10,341,040
Telecommunication services		3,257,050		5,514,894	*		-		8,771,944
Information technology		303,252		8,410,302	*		-		8,713,554
Materials		982,275		6,029,738	*		-		7,012,013
Industrials		623,633		6,341,176	*		-		6,964,809
Energy		2,020,258		4,424,983	*		-		6,445,241
Utilities		-		2,028,501	*		-		2,028,501
Miscellaneous		143,677		2,274,972	*		-		2,418,649
Rights		3,077		41,346	*		-		44,423
Bonds & notes		-		50,332			-		50,332
Short-term securities		-		8,107,039			-		8,107,039
Total	$	11,053,380	$	92,142,556		$	-	$	103,195,936

(*) Includes certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading; therefore, $83,731,809,000 of investment securities were classified as Level 2 instead of Level 1.

Forward currency contracts (†):	Level 1		Level 2			Level 3		Total
Unrealized depreciation on open forward currency contracts		-	$	(15,224	)		-	$	(15,224	)

(†) Forward currency contracts are not included in the investment portfolio.

4.	Risk factors

Investing in the fund may involve certain risks including, but not limited to, those described below.

Market risks – The prices of the common stocks and other securities held by the fund may decline in response to certain events taking place around the world, including those directly involving the issuers whose securities are owned by the fund; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; governmental or governmental agency responses to economic conditions; and currency, interest rate and commodity price fluctuations.

Growth stock risks – The growth-oriented common stocks and other equity-type securities, such as preferred stocks, convertible preferred stocks and convertible bonds, generally purchased by the fund may involve large price swings and potential for loss.

Risks of investing outside the U.S. – Investments in securities issued by entities based outside the U.S. may also be affected by currency controls; different accounting, auditing, financial reporting, disclosure, and regulatory and legal standards and practices; expropriation; changes in tax policy; greater market volatility; different securities market structures; higher transaction costs; and various administrative difficulties, such as delays in clearing and settling portfolio transactions or in receiving payment of dividends. These risks may be heightened in connection with investments in developing countries. Investments in securities issued by entities domiciled in the U.S. may also be subject to many of these risks.

Developing countries risks – Developing countries may have less developed legal and accounting systems. The governments of these countries may be more unstable and more likely to impose capital controls, nationalize a company or industry, place restrictions on foreign ownership and on withdrawing sale proceeds of securities from the country, and/or impose punitive taxes that could adversely affect security prices. In addition, the economies of these countries may be dependent on relatively few industries that are more susceptible to local and global changes. Securities markets in these countries are also relatively small and have substantially lower trading volumes. As a result, securities issued in these countries may be more volatile and less liquid than securities issued in countries with more developed economies or markets.

5.	Taxation and distributions

Federal income taxation – The fund complies with the requirements under Subchapter M of the Internal Revenue Code applicable to mutual funds and intends to distribute substantially all of its net taxable income and net capital gains each year. The fund is not subject to income taxes to the extent such distributions are made. Therefore, no federal income tax provision is required.

As of and during the period ended September 30, 2010, the fund did not have a liability for any unrecognized tax benefits. The fund recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the statement of operations. During the period, the fund did not incur any interest or penalties.

The fund is not subject to examination by U.S. federal tax authorities for tax years before 2006, by state tax authorities for tax years before 2005 and by tax authorities outside the U.S. for tax years before 2003.

Non-U.S. taxation – Dividend and interest income is recorded net of non-U.S. taxes paid. Gains realized by the fund on the sale of securities in certain countries are subject to non-U.S. taxes. The fund records a liability based on unrealized gains to provide for potential non-U.S. taxes payable upon the sale of these securities.

Distributions – Distributions paid to shareholders are based on net investment income and net realized gains determined on a tax basis, which may differ from net investment income and net realized gains for financial reporting purposes. These differences are due primarily to different treatment for items such as currency gains and losses; short-term capital gains and losses; capital losses related to sales of certain securities within 30 days of purchase; unrealized appreciation of certain investments in securities outside the U.S.; and net capital losses. The fiscal year in which amounts are distributed may differ from the year in which the net investment income and net realized gains are recorded by the fund for financi al reporting purposes.

The components of distributable earnings on a tax basis are reported as of the fund’s most recent year-end. As of March 31, 2010, the components of distributable earnings on a tax basis were as follows:

	(dollars in thousands)
Undistributed ordinary income				$	303,813
Capital loss carryforwards*:
Expiring 2017	$	(4,409,277	)
Expiring 2018		(8,747,831	)		(13,157,108	)
Post-October capital loss deferrals (realized during the period November 1, 2009, through March 31, 2010)†					(536,617	)

*The capital loss carryforwards will be used to offset any capital gains realized by the fund in the current year or in subsequent years through the expiration dates. The fund will not make distributions from capital gains while capital loss carryforwards remain.
†These deferrals are considered incurred in the subsequent year.

As of September 30, 2010, the tax basis unrealized appreciation (depreciation) and cost of investment securities were as follows:

	(dollars in thousands)
Gross unrealized appreciation on investment securities		$	25,845,267
Gross unrealized depreciation on investment securities			(3,120,731	)
Net unrealized appreciation on investment securities			22,724,536
Cost of investment securities			80,471,400

No distributions were paid to shareholders during the six months ended September 30, 2010. Ordinary income distributions paid to shareholders from net investment income and currency gains during the year ended March 31, 2010, were as follows (dollars in thousands):

Share class	Total distributions paid

Class A	$	649,914
Class B		9,137
Class C		29,001
Class F-1		136,586
Class F-2		65,004
Class 529-A		12,741
Class 529-B		872
Class 529-C		2,992
Class 529-E		616
Class 529-F-1		940
Class R-1		2,833
Class R-2		13,228
Class R-3		99,779
Class R-4		174,016
Class R-5		329,541
Class R-6*		97,477
Total	$	1,624,677

*Class R-6 was offered beginning May 1, 2009.

6.	Fees and transactions with related parties

Capital Research and Management Company ("CRMC"), the fund’s investment adviser, is the parent company of American Funds Distributors,® Inc. ("AFD"), the principal underwriter of the fund’s shares, and American Funds Service Company® ("AFS"), the fund’s transfer agent.

Investment advisory services - The Investment Advisory and Service Agreement with CRMC provides for monthly fees accrued daily. These fees are based on a series of decreasing annual rates beginning with 0.690% on the first $500 million of daily net assets and decreasing to 0.397% on such assets in excess of $115 billion. For the six months ended September 30, 2010, the investment advisory services fee was $205,303,000, which was equivalent to an annualized rate of 0.425% of average daily net assets.

Class-specific fees and expenses – Expenses that are specific to individual share classes are accrued directly to the respective share class. The principal class-specific fees and expenses are described below:

Distribution services – The fund has adopted plans of distribution for all share classes, except Classes F-2, R-5 and R-6. Under the plans, the board of trustees approves certain categories of expenses that are used to finance activities primarily intended to sell fund shares and service existing accounts. The plans provide for payments, based on an annualized percentage of average daily net assets, ranging from 0.25% to 1.00% as noted below. In some cases, the board of trustees has limited the amounts that may be paid to less than the maximum allowed by the plans. All share classes with a plan may use up to 0.25% of average daily net assets to pay service fees , or to compensate AFD for paying service fees, to firms that have entered into agreements with AFD to provide certain shareholder services. The remaining amounts available to be paid under each plan are paid to dealers to compensate them for their sales activities.

For Classes A and 529-A, the board of trustees has also approved the reimbursement of dealer and wholesaler commissions paid by AFD for certain shares sold without a sales charge. These classes reimburse AFD for amounts billed within the prior 15 months but only to the extent that the overall annual expense limit of 0.25% is not exceeded. As of September 30, 2010, there were no unreimbursed expenses subject to reimbursement for Classes A or 529-A.

Share class	Currently approved limits	Plan limits
Class A	0.25%	0.25%
Class 529-A	0.25	0.50
Classes B and 529-B	1.00	1.00
Classes C, 529-C and R-1	1.00	1.00
Class R-2	0.75	1.00
Classes 529-E and R-3	0.50	0.75
Classes F-1, 529-F-1 and R-4	0.25	0.50

Transfer agent services – The fund has a transfer agent agreement with AFS for Classes A and B. Under this agreement, these share classes compensate AFS for transfer agent services including shareholder recordkeeping, communications and transaction processing. AFS is also compensated for certain transfer agent services provided to all other share classes from the administrative services fees paid to CRMC as described below.

Administrative services – The fund has an administrative services agreement with CRMC for all share classes, except Classes A and B, to provide certain services, including transfer agent and recordkeeping services; coordinating, monitoring, assisting and overseeing third-party service providers; and educating advisers and shareholders about the impact of market-related events, tax laws affecting investments, retirement plan restrictions, exchange limitations and other related matters. Each relevant share class pays CRMC annual fees up to 0.15% (0.10% for Class R-5 and 0.05% for Class R-6) based on its respective average daily net assets. Each relevant share class also pays AFS additional amounts for certain transfer agen t services. CRMC and AFS may use these fees to compensate third parties for performing these services.

Each 529 share class is subject to an additional administrative services fee payable to the Commonwealth of Virginia for the maintenance of the 529 college savings plan. The quarterly fee is based on a series of decreasing annual rates beginning with 0.10% on the first $30 billion of the net assets invested in Class 529 shares of the American Funds and decreasing to 0.06% on such assets between $120 billion and $150 billion. The fee for any given calendar quarter is accrued and calculated on the basis of the average net assets of Class 529 shares of the American Funds for the last month of the prior calendar quarter. Although these amounts are included with administrative services fees on the accompanying financial statem ents, the Commonwealth of Virginia is not considered a related party.

Expenses under the agreements described above for the six months ended September 30, 2010, were as follows (dollars in thousands):

					Administrative services
Share class	Distribution services		Transfer agent services		CRMC administrative services		Transfer agent services		Commonwealth of Virginia administrative services
Class A	$	43,728	$	24,404	Not applicable		Not applicable		Not applicable
Class B		3,993		456	Not applicable		Not applicable		Not applicable
Class C		13,320	Included in administrative services		$	1,901	$	283	Not applicable
Class F-1		10,075				5,836		518	Not applicable
Class F-2			Not applicable			2,768		83	Not applicable
Class 529-A		805				382		54	$	399
Class 529-B		406				39		14		41
Class 529-C		1,486				143		41		149
Class 529-E		111				21		3		22
Class 529-F-1		-				26		4		27
Class R-1		1,346				192		34	Not applicable
Class R-2		4,536				899		1,646	Not applicable
Class R-3		16,724				4,942		1,128	Not applicable
Class R-4		13,568				8,056		89	Not applicable
Class R-5			Not applicable			7,269		43	Not applicable
Class R-6			Not applicable			2,126		15	Not applicable
Total	$	110,098	$	24,860	$	34,600	$	3,955	$	638

Trustees’ deferred compensation – Since the adoption of the deferred compensation plan in 1993, trustees who are unaffiliated with CRMC may elect to defer the cash payment of part or all of their compensation. These deferred amounts, which remain as liabilities of the fund, are treated as if invested in shares of the fund or other American Funds. These amounts represent general, unsecured liabilities of the fund and vary according to the total returns of the selected funds. Trustees’ compensation of $207,000, shown on the accompanying financial statements, includes $203,000 in current fees (either paid in cash or deferred) and a net increase of $4,00 0 in the value of the deferred amounts.

Affiliated officers and trustees – Officers and certain trustees of the fund are or may be considered to be affiliated with CRMC, AFS and AFD. No affiliated officers or trustees received any compensation directly from the fund.

7.	Capital share transactions

Capital share transactions in the fund were as follows (dollars and shares in thousands):

	Sales(*)				Reinvestments of dividends and distributions				Repurchases(*)						Net (decrease) increase
Share class	Amount		Shares		Amount		Shares		Amount			Shares			Amount			Shares
Six months ended September 30, 2010
Class A	$	1,746,961		47,444	$	-		-	$	(4,483,597	)		(123,081	)	$	(2,736,636	)		(75,637	)
Class B		9,048		246		-		-		(151,331	)		(4,174	)		(142,283	)		(3,928	)
Class C		139,150		3,858		-		-		(319,332	)		(9,023	)		(180,182	)		(5,165	)
Class F-1		1,339,952		36,793		-		-		(1,635,230	)		(44,885	)		(295,278	)		(8,092	)
Class F-2		1,066,674		29,042		-		-		(451,978	)		(12,389	)		614,696			16,653
Class 529-A		58,942		1,614		-		-		(44,250	)		(1,220	)		14,692			394
Class 529-B		733		20		-		-		(11,210	)		(313	)		(10,477	)		(293	)
Class 529-C		20,793		582		-		-		(21,819	)		(617	)		(1,026	)		(35	)
Class 529-E		3,052		84		-		-		(2,459	)		(68	)		593			16
Class 529-F-1		5,651		155		-		-		(3,447	)		(95	)		2,204			60
Class R-1		44,869		1,266		-		-		(37,484	)		(1,079	)		7,385			187
Class R-2		161,108		4,503		-		-		(207,070	)		(5,848	)		(45,962	)		(1,345	)
Class R-3		936,852		26,006		-		-		(1,110,021	)		(30,997	)		(173,169	)		(4,991	)
Class R-4		1,789,724		49,420		-		-		(1,478,037	)		(41,005	)		311,687			8,415
Class R-5		1,821,147		49,799		-		-		(3,325,652	)		(90,368	)		(1,504,505	)		(40,569	)
Class R-6		2,962,077		80,200		-		-		(712,133	)		(19,472	)		2,249,944			60,728
Total net increase
(decrease)	$	12,106,733		331,032	$	-		-	$	(13,995,050	)		(384,634	)	$	(1,888,317	)		(53,602	)

Year ended March 31, 2010
Class A	$	5,235,816		148,668	$	616,303		16,041	$	(7,450,534	)		(211,572	)	$	(1,598,415	)		(46,863	)
Class B		44,155		1,285		8,826		232		(252,522	)		(7,319	)		(199,541	)		(5,802	)
Class C		475,194		13,632		27,520		733		(474,519	)		(13,843	)		28,195			522
Class F-1		3,369,389		95,683		119,327		3,121		(2,535,792	)		(73,594	)		952,924			25,210
Class F-2		3,000,616		86,582		43,156		1,125		(520,364	)		(14,665	)		2,523,408			73,042
Class 529-A		129,897		3,663		12,740		334		(66,591	)		(1,891	)		76,046			2,106
Class 529-B		3,672		107		872		23		(7,787	)		(223	)		(3,243	)		(93	)
Class 529-C		54,225		1,567		2,990		80		(32,334	)		(936	)		24,881			711
Class 529-E		7,835		225		616		16		(4,271	)		(125	)		4,180			116
Class 529-F-1		13,748		386		939		25		(8,176	)		(232	)		6,511			179
Class R-1		107,453		3,109		2,809		75		(48,624	)		(1,420	)		61,638			1,764
Class R-2		434,030		12,639		13,224		353		(328,857	)		(9,505	)		118,397			3,487
Class R-3		2,395,619		68,862		99,730		2,641		(1,641,141	)		(46,786	)		854,208			24,717
Class R-4		4,587,664		133,758		173,854		4,600		(4,444,695	)		(130,781	)		316,823			7,577
Class R-5		5,457,232		154,407		327,906		8,548		(8,657,627	)		(255,131	)		(2,872,489	)		(92,176	)
Class R-6(†)		9,048,953		263,880		97,026		2,525		(2,488,108	)		(68,887	)		6,657,871			197,518
Total net increase
(decrease)	$	34,365,498		988,453	$	1,547,838		40,472	$	(28,961,942	)		(836,910	)	$	6,951,394			192,015


(*) Includes exchanges between share classes of the fund.
(†)Class R-6 was offered beginning May 1, 2009.

8.	Investment transactions

The fund made purchases and sales of investment securities, excluding short-term securities and U.S. government obligations, if any, of $11,569,915,000 and $14,570,022,000, respectively, during the six months ended September 30, 2010.

9.	Forward currency contracts

The fund has entered into forward currency contracts, which represent agreements to exchange currencies on specific future dates at predetermined rates. The fund enters into these contracts to manage its exposure to changes in exchange rates. Upon entering into these contracts, risks may arise from the potential inability of counterparties to meet the terms of their contracts and from possible movements in exchange rates.

On a daily basis, the fund values forward currency contracts based on the applicable exchange rate and records unrealized appreciation or depreciation for open forward currency contracts in the statement of assets and liabilities. The fund records realized gains or losses at the time the forward contract is closed or offset by another contract with the same broker for the same settlement date and currency. Closed forward currency contracts that have not reached their expiration date are included in the respective receivables or payables for closed forward currency contracts in the statement of assets and liabilities. Net realized gains or losses from closed forward currency contracts and net unrealized appreciation or depreciation from open forward currency contracts are recorded in the statement of operations.

As of September 30, 2010, the fund had open forward currency contracts to sell currencies, as shown on the following table. The open forward currency contracts shown are generally indicative of the level of activity over the prior 12-month period.

					(amounts in thousands)
			Contract amount				Unrealized
	Settlement date	Counterparty	Receive		Deliver		depreciation at 9/30/2010

Sales:
Euros	10/20/2010	Bank of New York Mellon	$	30,541	€	23,457	$	(1,432	)
Euros	10/21/2010	Bank of New York Mellon	$	57,792	€	44,289		(2,575	)
Euros	10/26/2010	JPMorgan Chase	$	57,671	€	43,911		(2,179	)
Euros	10/29/2010	JPMorgan Chase	$	61,051	€	45,000		(282	)
Japanese yen	10/22/2010	HSBC Bank	$	319,823	¥	27,424,544		(8,756	)

Forward currency contracts - net							$	(15,224	)

Financial highlights(1)

				Income (loss) from investment operations(2)								Dividends and distributions
		Net asset value, beginning of period		Net investment income		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 period		Total return(3)(4)			Net assets, end of period (in millions)		Ratio of expenses to average net assets before reimbursements/ waivers			Ratio of expenses to average net assets after reimbursements/ waivers(4)			Ratio of net income to average net assets(4)

Class A:	Six months ended 9/30/2010(5)	$	38.62	$	.38	$	.69		$	1.07		$	-		$	-		$	-		$	39.69		2.77	%	$	38,548		.83	%⁽⁶⁾		.83	%⁽⁶⁾		2.06	%⁽⁶⁾
	Year ended 3/31/2010		25.78		.51		12.95			13.46			(.62	)		-			(.62	)		38.62		52.23			40,426		.85			.85			1.45
	Year ended 3/31/2009		46.83		.88		(19.76	)		(18.88	)		(.78	)		(1.39	)		(2.17	)		25.78		(40.54	)		28,192		.83			.80			2.40
	Year ended 3/31/2008		47.92		.95		2.60			3.55			(1.01	)		(3.63	)		(4.64	)		46.83		6.40			57,445		.79			.74			1.87
	Year ended 3/31/2007		44.20		.71		6.49			7.20			(.77	)		(2.71	)		(3.48	)		47.92		16.63			57,407		.79			.75			1.54
	Year ended 3/31/2006		35.63		.62		9.99			10.61			(.72	)		(1.32	)		(2.04	)		44.20		30.25			50,209		.81			.76			1.58

Class B:	Six months ended 9/30/2010(5)		38.21		.25		.67			.92			-			-			-			39.13		2.41			792		1.58⁽⁶⁾			1.58⁽⁶⁾			1.35⁽⁶⁾
	Year ended 3/31/2010		25.52		.26		12.79			13.05			(.36	)		-			(.36	)		38.21		51.12			923		1.59			1.59			.77
	Year ended 3/31/2009		46.14		.62		(19.44	)		(18.82	)		(.41	)		(1.39	)		(1.80	)		25.52		(40.98	)		765		1.57			1.54			1.70
	Year ended 3/31/2008		47.31		.56		2.54			3.10			(.64	)		(3.63	)		(4.27	)		46.14		5.60			1,775		1.52			1.48			1.12
	Year ended 3/31/2007		43.71		.35		6.42			6.77			(.46	)		(2.71	)		(3.17	)		47.31		15.78			1,709		1.54			1.50			.78
	Year ended 3/31/2006		35.29		.32		9.88			10.20			(.46	)		(1.32	)		(1.78	)		43.71		29.32			1,394		1.55			1.51			.82

Class C:	Six months ended 9/30/2010(5)		37.70		.23		.67			.90			-			-			-			38.60		2.39			2,771		1.62⁽⁶⁾			1.62⁽⁶⁾			1.27⁽⁶⁾
	Year ended 3/31/2010		25.21		.22		12.65			12.87			(.38	)		-			(.38	)		37.70		51.06			2,901		1.63			1.63			.66
	Year ended 3/31/2009		45.64		.58		(19.20	)		(18.62	)		(.42	)		(1.39	)		(1.81	)		25.21		(41.00	)		1,927		1.62			1.58			1.63
	Year ended 3/31/2008		46.85		.53		2.53			3.06			(.64	)		(3.63	)		(4.27	)		45.64		5.57			4,093		1.57			1.53			1.06
	Year ended 3/31/2007		43.35		.31		6.35			6.66			(.45	)		(2.71	)		(3.16	)		46.85		15.65			3,640		1.62			1.58			.69
	Year ended 3/31/2006		35.04		.27		9.82			10.09			(.46	)		(1.32	)		(1.78	)		43.35		29.21			2,697		1.64			1.60			.71

Class F-1:	Six months ended 9/30/2010(5)		38.43		.37		.69			1.06			-			-			-			39.49		2.76			8,520		.86⁽⁶⁾			.86⁽⁶⁾			2.01⁽⁶⁾
	Year ended 3/31/2010		25.66		.49		12.91			13.40			(.63	)		-			(.63	)		38.43		52.24			8,601		.86			.86			1.39
	Year ended 3/31/2009		46.62		.87		(19.68	)		(18.81	)		(.76	)		(1.39	)		(2.15	)		25.66		(40.55	)		5,097		.84			.81			2.38
	Year ended 3/31/2008		47.73		.92		2.60			3.52			(1.00	)		(3.63	)		(4.63	)		46.62		6.38			10,328		.81			.77			1.81
	Year ended 3/31/2007		44.05		.69		6.47			7.16			(.77	)		(2.71	)		(3.48	)		47.73		16.59			8,639		.82			.78			1.50
	Year ended 3/31/2006		35.52		.59		9.97			10.56			(.71	)		(1.32	)		(2.03	)		44.05		30.22			6,686		.84			.80			1.50

Class F-2:	Six months ended 9/30/2010(5)		38.62		.41		.71			1.12			-			-			-			39.74		2.90			4,807		.60⁽⁶⁾			.60⁽⁶⁾			2.22⁽⁶⁾
	Year ended 3/31/2010		25.78		.47		13.10			13.57			(.73	)		-			(.73	)		38.62		52.65			4,028		.60			.60			1.31
	Period from 8/1/2008 to 3/31/2009		43.75		.29		(16.05	)		(15.76	)		(.82	)		(1.39	)		(2.21	)		25.78		(36.26	)		806		.63	(6)		.61	(6)		1.59	(6)

Class 529-A:	Six months ended 9/30/2010(5)		38.31		.36		.70			1.06			-			-			-			39.37		2.77			864		.87⁽⁶⁾			.87⁽⁶⁾			1.98⁽⁶⁾
	Year ended 3/31/2010		25.59		.48		12.86			13.34			(.62	)		-			(.62	)		38.31		52.14			826		.89			.89			1.37
	Year ended 3/31/2009		46.53		.82		(19.59	)		(18.77	)		(.78	)		(1.39	)		(2.17	)		25.59		(40.54	)		497		.87			.83			2.30
	Year ended 3/31/2008		47.66		.90		2.60			3.50			(1.00	)		(3.63	)		(4.63	)		46.53		6.34			789		.83			.79			1.78
	Year ended 3/31/2007		44.00		.67		6.48			7.15			(.78	)		(2.71	)		(3.49	)		47.66		16.59			601		.83			.79			1.45
	Year ended 3/31/2006		35.49		.58		9.97			10.55			(.72	)		(1.32	)		(2.04	)		44.00		30.21			387		.85			.80			1.47

Class 529-B:	Six months ended 9/30/2010(5)		37.68		.22		.66			.88			-			-			-			38.56		2.33			82		1.69⁽⁶⁾			1.69⁽⁶⁾			1.22⁽⁶⁾
	Year ended 3/31/2010		25.20		.20		12.63			12.83			(.35	)		-			(.35	)		37.68		50.94			91		1.71			1.71			.59
	Year ended 3/31/2009		45.71		.53		(19.20	)		(18.67	)		(.45	)		(1.39	)		(1.84	)		25.20		(41.03	)		63		1.69			1.65			1.49
	Year ended 3/31/2008		46.93		.48		2.53			3.01			(.60	)		(3.63	)		(4.23	)		45.71		5.47			107		1.66			1.61			.97
	Year ended 3/31/2007		43.42		.28		6.37			6.65			(.43	)		(2.71	)		(3.14	)		46.93		15.60			90		1.67			1.63			.63
	Year ended 3/31/2006		35.09		.25		9.82			10.07			(.42	)		(1.32	)		(1.74	)		43.42		29.10			64		1.71			1.67			.64

Class 529-C:	Six months ended 9/30/2010(5)		37.58		.21		.67			.88			-			-			-			38.46		2.34			319		1.68⁽⁶⁾			1.68⁽⁶⁾			1.18⁽⁶⁾
	Year ended 3/31/2010		25.14		.20		12.62			12.82			(.38	)		-			(.38	)		37.58		50.98			313		1.70			1.70			.57
	Year ended 3/31/2009		45.63		.53		(19.17	)		(18.64	)		(.46	)		(1.39	)		(1.85	)		25.14		(41.05	)		191		1.68			1.65			1.49
	Year ended 3/31/2008		46.87		.48		2.53			3.01			(.62	)		(3.63	)		(4.25	)		45.63		5.47			317		1.65			1.61			.96
	Year ended 3/31/2007		43.38		.28		6.37			6.65			(.45	)		(2.71	)		(3.16	)		46.87		15.62			248		1.67			1.63			.62
	Year ended 3/31/2006		35.08		.24		9.83			10.07			(.45	)		(1.32	)		(1.77	)		43.38		29.11			164		1.70			1.66			.63

Class 529-E:	Six months ended 9/30/2010(5)	$	38.02	$	.31	$	.68		$	.99		$	-		$	-		$	-		$	39.01		2.60	%	$	48		1.17	%⁽⁶⁾		1.17	%⁽⁶⁾		1.69	%⁽⁶⁾
	Year ended 3/31/2010		25.41		.37		12.77			13.14			(.53	)		-			(.53	)		38.02		51.73			46		1.19			1.19			1.08
	Year ended 3/31/2009		46.17		.71		(19.42	)		(18.71	)		(.66	)		(1.39	)		(2.05	)		25.41		(40.73	)		28		1.17			1.14			2.00
	Year ended 3/31/2008		47.34		.74		2.57			3.31			(.85	)		(3.63	)		(4.48	)		46.17		6.00			45		1.14			1.10			1.47
	Year ended 3/31/2007		43.75		.52		6.43			6.95			(.65	)		(2.71	)		(3.36	)		47.34		16.21			36		1.15			1.11			1.14
	Year ended 3/31/2006		35.33		.45		9.91			10.36			(.62	)		(1.32	)		(1.94	)		43.75		29.77			24		1.18			1.13			1.13

Class 529-F-1:	Six months ended 9/30/2010(5)		38.30		.40		.70			1.10			-			-			-			39.40		2.87			60		.67⁽⁶⁾			.67⁽⁶⁾			2.17⁽⁶⁾
	Year ended 3/31/2010		25.57		.55		12.86			13.41			(.68	)		-			(.68	)		38.30		52.47			56		.69			.69			1.58
	Year ended 3/31/2009		46.54		.88		(19.60	)		(18.72	)		(.86	)		(1.39	)		(2.25	)		25.57		(40.44	)		33		.67			.64			2.48
	Year ended 3/31/2008		47.65		.99		2.62			3.61			(1.09	)		(3.63	)		(4.72	)		46.54		6.55			51		.64			.60			1.96
	Year ended 3/31/2007		43.98		.74		6.49			7.23			(.85	)		(2.71	)		(3.56	)		47.65		16.79			39		.65			.61			1.61
	Year ended 3/31/2006		35.45		.64		9.96			10.60			(.75	)		(1.32	)		(2.07	)		43.98		30.39			23		.70			.66			1.63

Class R-1:	Six months ended 9/30/2010(5)		37.36		.22		.67			.89			-			-			-			38.25		2.38			293		1.62⁽⁶⁾			1.62⁽⁶⁾			1.24⁽⁶⁾
	Year ended 3/31/2010		25.01		.20		12.57			12.77			(.42	)		-			(.42	)		37.36		51.08			279		1.64			1.64			.59
	Year ended 3/31/2009		45.45		.54		(19.09	)		(18.55	)		(.50	)		(1.39	)		(1.89	)		25.01		(41.01	)		143		1.61			1.57			1.55
	Year ended 3/31/2008		46.71		.49		2.54			3.03			(.66	)		(3.63	)		(4.29	)		45.45		5.52			190		1.61			1.57			.99
	Year ended 3/31/2007		43.29		.28		6.38			6.66			(.53	)		(2.71	)		(3.24	)		46.71		15.68			136		1.62			1.58			.61
	Year ended 3/31/2006		35.04		.26		9.82			10.08			(.51	)		(1.32	)		(1.83	)		43.29		29.16			66		1.65			1.61		��	.66

Class R-2:	Six months ended 9/30/2010(5)		37.56		.22		.68			.90			-			-			-			38.46		2.40			1,282		1.63⁽⁶⁾			1.63⁽⁶⁾			1.26⁽⁶⁾
	Year ended 3/31/2010		25.13		.20		12.62			12.82			(.39	)		-			(.39	)		37.56		51.02			1,303		1.66			1.66			.60
	Year ended 3/31/2009		45.62		.53		(19.17	)		(18.64	)		(.46	)		(1.39	)		(1.85	)		25.13		(41.05	)		784		1.68			1.64			1.51
	Year ended 3/31/2008		46.84		.50		2.54			3.04			(.63	)		(3.63	)		(4.26	)		45.62		5.51			1,296		1.61			1.57			1.01
	Year ended 3/31/2007		43.36		.30		6.35			6.65			(.46	)		(2.71	)		(3.17	)		46.84		15.66			1,093		1.67			1.59			.66
	Year ended 3/31/2006		35.07		.26		9.83			10.09			(.48	)		(1.32	)		(1.80	)		43.36		29.20			735		1.76			1.60			.68

Class R-3:	Six months ended 9/30/2010(5)		37.93		.31		.68			.99			-			-			-			38.92		2.61			7,123		1.14⁽⁶⁾			1.14⁽⁶⁾			1.74⁽⁶⁾
	Year ended 3/31/2010		25.35		.38		12.75			13.13			(.55	)		-			(.55	)		37.93		51.80			7,131		1.15			1.15			1.10
	Year ended 3/31/2009		46.04		.77		(19.41	)		(18.64	)		(.66	)		(1.39	)		(2.05	)		25.35		(40.70	)		4,139		1.11			1.08			2.14
	Year ended 3/31/2008		47.20		.78		2.54			3.32			(.85	)		(3.63	)		(4.48	)		46.04		6.05			7,639		1.11			1.07			1.55
	Year ended 3/31/2007		43.64		.52		6.41			6.93			(.66	)		(2.71	)		(3.37	)		47.20		16.20			6,918		1.15			1.10			1.14
	Year ended 3/31/2006		35.23		.46		9.89			10.35			(.62	)		(1.32	)		(1.94	)		43.64		29.85			4,336		1.15			1.11			1.18

Class R-4:	Six months ended 9/30/2010(5)		38.00		.36		.69			1.05			-			-			-			39.05		2.76			11,843		.86⁽⁶⁾			.86⁽⁶⁾			1.99⁽⁶⁾
	Year ended 3/31/2010		25.37		.50		12.76			13.26			(.63	)		-			(.63	)		38.00		52.21			11,204		.86			.86			1.43
	Year ended 3/31/2009		46.17		.81		(19.43	)		(18.62	)		(.79	)		(1.39	)		(2.18	)		25.37		(40.53	)		7,290		.85			.82			2.29
	Year ended 3/31/2008		47.31		.88		2.60			3.48			(.99	)		(3.63	)		(4.62	)		46.17		6.32			10,970		.85			.81			1.75
	Year ended 3/31/2007		43.69		.64		6.45			7.09			(.76	)		(2.71	)		(3.47	)		47.31		16.61			8,627		.87			.82			1.41
	Year ended 3/31/2006		35.25		.57		9.91			10.48			(.72	)		(1.32	)		(2.04	)		43.69		30.20			5,352		.87			.83			1.45

Class R-5:	Six months ended 9/30/2010(5)		38.59		.43		.70			1.13			-			-			-			39.72		2.93			15,594		.55⁽⁶⁾			.55⁽⁶⁾			2.32⁽⁶⁾
	Year ended 3/31/2010		25.75		.63		12.93			13.56			(.72	)		-			(.72	)		38.59		52.70			16,716		.56			.56			1.80
	Year ended 3/31/2009		46.86		.93		(19.74	)		(18.81	)		(.91	)		(1.39	)		(2.30	)		25.75		(40.37	)		13,529		.54			.51			2.60
	Year ended 3/31/2008		47.94		1.05		2.63			3.68			(1.13	)		(3.63	)		(4.76	)		46.86		6.64			19,731		.55			.50			2.05
	Year ended 3/31/2007		44.22		.78		6.53			7.31			(.88	)		(2.71	)		(3.59	)		47.94		16.91			14,993		.57			.52			1.70
	Year ended 3/31/2006		35.64		.69		10.02			10.71			(.81	)		(1.32	)		(2.13	)		44.22		30.56			9,059		.58			.53			1.74

Class R-6:	Six months ended 9/30/2010(5)		38.65		.42		.72			1.14			-			-			-			39.79		2.95			10,276		.51⁽⁶⁾			.51⁽⁶⁾			2.29⁽⁶⁾
	Period from 5/1/2009 to 3/31/2010		28.64		.42		10.30			10.72			(.71	)		-			(.71	)		38.65		37.43			7,635		.52	(6)		.52	(6)		1.26	(6)

	Six months ended September 30,			Year ended March 31
	2010(5)			2010			2009			2008			2007			2006

Portfolio turnover rate for all classes of shares		13	%		26	%		41	%		38	%		27	%		35	%

(1)Based on operations for the periods shown (unless otherwise noted) and, accordingly, may not be representative of a full year.

(2)Based on average shares outstanding.

(3)Total returns exclude any applicable sales charges, including contingent deferred sales charges.

(4)This column reflects the impact, if any, of certain reimbursements/waivers from CRMC. During some of the periods shown, CRMC reduced fees for investment advisory services. In addition, during some of the periods shown, CRMC paid a portion of the fund's transfer agent fees for certain retirement plan share classes.

(5)Unaudited.

(6)Annualized.

See Notes to Financial Statements

Expense example ;

unaudited

As a shareholder of the fund, you incur two types of costs: (1) transaction costs, such as initial sales charges on purchase payments and contingent deferred sales charges on redemptions (loads), and (2) ongoing costs, including management fees, distribution and service (12b-1) fees, and other expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the fund so you can compare these costs with the ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (April 1, 2010, through September 30, 2010).

Actual expenses:

The first line of each share class in the table on page 36 provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled "Expenses paid during period" to estimate the expenses you paid on your account during this period.

Hypothetical example for comparison purposes:

The second line of each share class in the table on page 36 provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio for the share class and an assumed rate of return of 5.00% per year before expenses, which is not the actual return of the share class. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the fund and other funds. To do so, compare this 5.00% hypothetical example with the 5.00% hypothetical examples that appear in the shareholder reports of the other funds.

Notes:

There are some account fees that are charged to certain types of accounts, such as individual retirement accounts and 529 college savings plan accounts (generally, a $10 fee is charged to set up the account and an additional $10 fee is charged to the account annually), that would increase the amount of expenses paid on your account. In addition, retirement plan participants may be subject to certain fees charged by the plan sponsor, and Class F-1, F-2 and 529-F-1 shareholders may be subject to fees charged by financial intermediaries, typically ranging from 0.75% to 1.50% of assets annually depending on services offered. You can estimate the impact of these fees by adding the amount of the fees to the total estimated expenses you paid on your account during the period as calculated on the previous page. In addition, your ending account value would be lower by the amount of these fees.

Note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads). Therefore, the second line of each share class in the table is useful in comparing ongoing costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

	Beginning account value 4/1/2010		Ending account value 9/30/2010		Expenses paid during period*		Annualized expense ratio

Class A -- actual return	$	1,000.00	$	1,027.69	$	4.22		.83	%
Class A -- assumed 5% return		1,000.00		1,020.91		4.20		.83
Class B -- actual return		1,000.00		1,024.07		8.02		1.58
Class B -- assumed 5% return		1,000.00		1,017.15		7.99		1.58
Class C -- actual return		1,000.00		1,023.87		8.22		1.62
Class C -- assumed 5% return		1,000.00		1,016.95		8.19		1.62
Class F-1 -- actual return		1,000.00		1,027.57		4.37		.86
Class F-1 -- assumed 5% return		1,000.00		1,020.76		4.36		.86
Class F-2 -- actual return		1,000.00		1,028.99		3.05		.60
Class F-2 -- assumed 5% return		1,000.00		1,022.06		3.04		.60
Class 529-A -- actual return		1,000.00		1,027.68		4.42		.87
Class 529-A -- assumed 5% return		1,000.00		1,020.71		4.41		.87
Class 529-B -- actual return		1,000.00		1,023.34		8.57		1.69
Class 529-B -- assumed 5% return		1,000.00		1,016.60		8.54		1.69
Class 529-C -- actual return		1,000.00		1,023.42		8.52		1.68
Class 529-C -- assumed 5% return		1,000.00		1,016.65		8.49		1.68
Class 529-E -- actual return		1,000.00		1,026.04		5.94		1.17
Class 529-E -- assumed 5% return		1,000.00		1,019.20		5.92		1.17
Class 529-F-1 -- actual return		1,000.00		1,028.73		3.41		.67
Class 529-F-1 -- assumed 5% return		1,000.00		1,021.71		3.40		.67
Class R-1 -- actual return		1,000.00		1,023.84		8.22		1.62
Class R-1 -- assumed 5% return		1,000.00		1,016.95		8.19		1.62
Class R-2 -- actual return		1,000.00		1,023.96		8.27		1.63
Class R-2 -- assumed 5% return		1,000.00		1,016.90		8.24		1.63
Class R-3 -- actual return		1,000.00		1,026.09		5.79		1.14
Class R-3 -- assumed 5% return		1,000.00		1,019.35		5.77		1.14
Class R-4 -- actual return		1,000.00		1,027.64		4.37		.86
Class R-4 -- assumed 5% return		1,000.00		1,020.76		4.36		.86
Class R-5 -- actual return		1,000.00		1,029.26		2.80		.55
Class R-5 -- assumed 5% return		1,000.00		1,022.31		2.79		.55
Class R-6 -- actual return		1,000.00		1,029.49		2.59		.51
Class R-6 -- assumed 5% return		1,000.00		1,022.51		2.59		.51

*The “expenses paid during period” are equal to the “annualized expense ratio,” multiplied by the average account value over the period, multiplied by the number of days in the period, and divided by 365 (to reflect the one-half year period).

Offices of the fund and

of the investment adviser

Capital Research and Management Company

333 South Hope Street

Los Angeles, CA 90071-1406

6455 Irvine Center Drive

Irvine, CA 92618

Transfer agent for shareholder accounts

American Funds Service Company

(Write to the address near you.)

P.O. Box 6007

Indianapolis, IN 46206-6007

P.O. Box 2280

Norfolk, VA 23501-2280

Custodian of assets

JPMorgan Chase Bank

270 Park Avenue

New York, NY 10017-2070

Counsel

K&L Gates LLP

Four Embarcadero Center, Suite 1200

San Francisco, CA 94111-5994

Independent registered public accounting firm

Deloitte & Touche LLP

695 Town Center Drive

Suite 1200

Costa Mesa, CA 92626-7188

Principal underwriter

American Funds Distributors, Inc.

333 South Hope Street

Los Angeles, CA 90071-1406

Investors should carefully consider the investment objectives, risks, charges and expenses of the American Funds. This and other important information is contained in the fund’s summary prospectus and prospectus, 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 800/421-0180 or visit the American Funds website at americanfunds.com.

“American Funds Proxy Voting Procedures and Principles” — which describes how we vote proxies relating to portfolio securities — is available on the American Funds website or upon request by calling AFS. The fund files its proxy voting record with the U.S. Securities and Exchange Commission (SEC) for the 12 months ended June 30 by August 31. The proxy voting record is available free of charge on the SEC website at sec.gov and on the American Funds website.

A complete September 30, 2010, portfolio of EuroPacific Growth Fund’s investments is available free of charge by calling AFS or visiting the SEC website (where it is part of Form N-CSR).

EuroPacific Growth Fund files a complete list of its portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. This filing is available free of charge on the SEC website. You may also review or, for a fee, copy this filing at the SEC’s Public Reference Room in Washington, D.C. Additional information regarding the operation of the Public Reference Room may be obtained by calling the SEC’s Office of Investor Education and Advocacy at 800/SEC-0330. Additionally, the list of portfolio holdings is available by calling AFS.

This report is for the information of shareholders of EuroPacific Growth Fund, but it also may be used as sales literature when preceded or accompanied by the current summary prospectus or prospectus, which gives details about charges, expenses, investment objectives and operating policies of the fund. If used as sales material after December 31, 2010, this report must be accompanied by an American Funds statistical update for the most recently completed calendar quarter.

What makes American Funds different?

For nearly 80 years, we have followed a consistent philosophy to benefit our investors. Our 30 carefully conceived, broadly diversified funds, in addition to the target date retirement series, offer opportunities that have attracted over 50 million shareholder accounts.

Our unique combination of strengths includes these five factors:

•A long-term, value-oriented approach

We seek to buy securities at reasonable prices relative to their prospects and hold them for the long term.

•An extensive global research effort

Our investment professionals travel the world to find the best investment opportunities and gain a comprehensive understanding of companies and markets.

•The multiple portfolio counselor system

Our unique approach to portfolio management, developed more than 50 years ago, blends teamwork with individual accountability and has provided American Funds with a sustainable method of achieving fund objectives.

•Experienced investment professionals

American Funds portfolio counselors have an average of 26 years of investment experience, providing a depth of knowledge and broad perspective that few organizations have.

•A commitment to low management fees

The American Funds provide exceptional value for shareholders, with management fees that are among the lowest in the mutual fund industry.

American Funds span a range of investment objectives

•Growth funds

AMCAP Fund®

>EuroPacific Growth Fund®

The Growth Fund of America®

The New Economy Fund®

New Perspective Fund®

New World Fund®

SMALLCAP World Fund®

•Growth-and-income funds

American Mutual Fund®

Capital World Growth and Income FundSM

Fundamental InvestorsSM

International Growth and Income FundSM

The Investment Company of America®

Washington Mutual Investors FundSM

•Equity-income funds

Capital Income Builder®

The Income Fund of America®

•Balanced fund

American Balanced Fund®

•Bond funds

American High-Income TrustSM

The Bond Fund of AmericaSM

Capital World Bond Fund®

Intermediate Bond Fund of America®

Short-Term Bond Fund of AmericaSM

U.S. Government Securities FundSM

•Tax-exempt bond funds

American Funds Short-Term Tax-Exempt Bond FundSM

American High-Income Municipal Bond Fund®

Limited Term Tax-Exempt Bond Fund of AmericaSM

The Tax-Exempt Bond Fund of America®

State-specific tax-exempt funds

The Tax-Exempt Fund of California®

The Tax-Exempt Fund of Maryland®

The Tax-Exempt Fund of Virginia®

•Money market fund

American Funds Money Market Fund®

•American Funds Target Date Retirement Series®

The Capital Group Companies

American Funds Capital Research and Management Capital International Capital Guardian Capital Bank and Trust

Lit. No. MFGESR-916-1110P

Litho in USA BG/ALD/8082-S26167

Printed on paper containing 10% post-consumer waste

Printed with inks containing soy and/or vegetable oil

ITEM 2 – Code of Ethics

Not applicable for filing of semi-annual reports to shareholders.

ITEM 3 – Audit Committee Financial Expert

Not applicable for filing of semi-annual reports to shareholders.

ITEM 4 – Principal Accountant Fees and Services

Not applicable for filing of semi-annual reports to shareholders.

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 – Schedule of Investments

EuroPacific Growth Fund®

Investment portfolio

September 30, 2010

unaudited

Common stocks — 92.03%	Shares			Value (000)

FINANCIALS — 19.88%
Prudential PLC1,2		131,472,280		$	1,315,870
UBS AG1,3		71,962,122			1,223,999
Banco Santander, SA1		89,355,254			1,132,105
Housing Development Finance Corp. Ltd.1		65,696,730			1,072,483
Agricultural Bank of China, Class H1,3		1,734,094,000			897,316
Industrial and Commercial Bank of China Ltd., Class H1		1,112,354,000			827,002
Barclays PLC1		152,969,707			718,311
Barclays PLC1,4		6,192,900			29,080
Banco Bradesco SA, preferred nominative		35,535,615			712,392
Société Générale1		11,080,242			641,491
Itaú Unibanco Holding SA, preferred nominative		14,379,630			343,938
Itaú Unibanco Holding SA, preferred nominative (ADR)		11,638,203			281,412
Fairfax Financial Holdings Ltd.		774,114			315,152
Fairfax Financial Holdings Ltd. (CAD denominated)		500,000			203,616
Bank of China Ltd., Class H1		916,906,000			480,025
Erste Bank der oesterreichischen Sparkassen AG1		11,943,297			478,973
Deutsche Bank AG1		8,543,504			466,928
AXA SA1		25,623,795			449,926
BNP Paribas SA1		6,191,980			442,486
Credit Suisse Group AG1		10,155,871			434,955
HDFC Bank Ltd.1		7,781,258			431,151
Sun Hung Kai Properties Ltd.1		23,161,000			397,334
China Life Insurance Co. Ltd., Class H1		98,030,000			388,588
DLF Ltd.1		43,139,235			362,596
ICICI Bank Ltd.1		14,358,568			355,232
State Bank of India1		4,906,336			353,899
Woori Finance Holdings Co., Ltd.1		27,818,980			346,460
Bank of Nova Scotia		6,420,000			342,683
PT Bank Central Asia Tbk1		450,000,000			339,305
Banco Bilbao Vizcaya Argentaria, SA1		25,000,000			338,565
HSBC Holdings PLC (Hong Kong)1		25,858,493			264,907
HSBC Holdings PLC (United Kingdom)1		5,670,000			57,420
Sampo Oyj, Class A1		11,528,722			311,625
Ping An Insurance (Group) Co. of China, Ltd., Class H1		29,953,000			305,751
DnB NOR ASA1		21,556,767			293,900
Lloyds Banking Group PLC1,3		245,234,895			286,209
Sberbank (Savings Bank of the Russian Federation) (GDR)1		825,935			253,376
Ayala Land, Inc.1		601,283,600			240,666
Türkiye Garanti Bankasi AS1		38,700,000			224,337
Hana Financial Holdings1		7,157,370			211,858
China Construction Bank Corp., Class H1		238,800,000			208,827
Sino Land Co. Ltd.1		97,670,000			201,775
Toronto-Dominion Bank		2,470,000			178,726
UniCredit SpA1		68,427,598			175,227
Australia and New Zealand Banking Group Ltd.1		7,448,188			170,481
Banco do Brasil SA, ordinary nominative		8,684,800			164,919
PartnerRe Holdings Ltd.		1,395,000			111,851
Standard Chartered PLC1		3,044,601			87,488
Topdanmark A/S1,3		673,550			84,851
Daito Trust Construction Co., Ltd.1		1,315,000			78,612
Allianz SE1		626,500			70,726
Royal Bank of Scotland Group PLC1,3		90,730,000			67,459
Shinhan Financial Group Co., Ltd.1		1,708,620			65,410
Macquarie Group Ltd.1		1,600,000			56,216
Skandinaviska Enskilda Banken AB, Class A1		7,259,722			53,925
Svenska Handelsbanken AB, Class A1		1,500,000			49,225
Singapore Exchange Ltd.1		6,000,000			41,226
Sumitomo Mitsui Financial Group, Inc.1		1,020,000			29,764
Kerry Properties Ltd.1		4,420,730			23,875
QBE Insurance Group Ltd.1		1,275,000			21,271
Nomura Holdings, Inc.1		1,120,000			5,431
					20,520,607

CONSUMER STAPLES — 10.58%
Anheuser-Busch InBev NV1		39,103,464			2,297,326
Anheuser-Busch InBev NV, VVPR STRIPS1,3		10,093,238			41
Nestlé SA1		23,552,000			1,255,232
British American Tobacco PLC1		23,169,999			865,667
Tesco PLC1		112,197,773			747,682
Danone SA1		12,303,168			736,790
Pernod Ricard SA1		8,580,652			717,859
L’Oréal SA1		3,977,600			448,178
METRO AG1		5,793,269			377,459
Wilmar International Ltd.1		79,273,000			362,023
Associated British Foods PLC1		20,755,000			342,192
Unilever NV, depository receipts1		11,221,000			336,197
Koninklijke Ahold NV1		24,513,000			330,579
Wal-Mart de México, SAB de CV, Series V		129,671,436			324,959
Shoprite Holdings Ltd.1		18,704,192			264,937
SABMiller PLC1		7,886,000			252,311
Asahi Breweries, Ltd.1		10,362,500			207,662
Woolworths Ltd.1		6,090,626			169,906
Coca-Cola Amatil Ltd.1		13,964,067			161,799
Coca-Cola Hellenic Bottling Co. SA1		5,700,000			150,115
OJSC Magnit (GDR)1		4,500,000			113,429
Wesfarmers Ltd.1		3,052,650			97,046
Diageo PLC1		5,500,000			94,776
Unilever PLC1		2,526,750			73,211
Tingyi (Cayman Islands) Holding Corp.1		24,250,000			66,733
Foster’s Group Ltd.1		11,028,000			65,176
Beiersdorf AG1		723,900			44,434
Japan Tobacco Inc.1		5,988			19,969
					10,923,688

CONSUMER DISCRETIONARY — 10.52%
Daimler AG1,3		26,020,800			1,650,897
Daimler AG (New York registered)3		250,000			15,825
Honda Motor Co., Ltd.1		29,549,250			1,051,126
Industria de Diseño Textil, SA1		7,729,674			613,578
British Sky Broadcasting Group PLC1		49,684,205			550,676
Toyota Motor Corp.1		11,333,300			406,214
H & M Hennes & Mauritz AB, Class B1		10,578,000			382,994
adidas AG, non-registered shares1		5,658,000			350,685
Hyundai Mobis Co., Ltd.1		1,555,000			350,491
Naspers Ltd., Class N1		6,655,000			325,190
Peugeot SA1,3		9,361,900			315,923
Renault SA1,3		5,337,046			275,661
Cie. Générale des Établissements Michelin, Class B1		3,506,615			267,608
Fiat SpA1		17,054,900			263,818
Bayerische Motoren Werke AG1		3,670,000			257,822
Hero Honda Motors Ltd.1		6,090,000			251,400
OPAP SA1		15,901,490			251,009
Hyundai Motor Co.1		1,864,390			250,174
Nissan Motor Co., Ltd.1		27,484,800			240,732
Nikon Corp.1		12,481,700			232,284
Yamada Denki Co., Ltd.1		3,442,150			213,614
Swatch Group Ltd, non-registered shares1		477,800			180,090
Swatch Group Ltd1		478,484			33,086
Li & Fung Ltd.1		37,935,000			212,333
Sony Corp.1		6,855,000			212,031
LG Electronics Inc.1		2,204,000			185,759
Dongfeng Motor Group Co., Ltd., Class H1		82,098,000			168,044
Volkswagen AG, nonvoting preferred1		1,330,000			160,779
Carnival PLC1		3,900,000			153,407
LVMH Moët Hennessey-Louis Vuitton SA1		980,000			144,045
Porsche Automobil Holding SE, nonvoting preferred1		2,310,403			114,617
WPP PLC1		9,972,000			110,431
JCDecaux SA1,3		3,528,700			93,210
Mediaset SpA1		12,444,198			88,268
Techtronic Industries Co. Ltd.1,2		86,710,000			84,930
Marks and Spencer Group PLC1		13,900,000			84,801
Suzuki Motor Corp.1		3,946,333			83,010
Esprit Holdings Ltd.1		12,424,422			66,970
Belle International Holdings Ltd.1		26,700,000			53,617
Kingfisher PLC1		9,259,650			34,057
PT Astra International Tbk1		4,568,500			29,105
Carphone Warehouse Group PLC1,3		6,115,000			26,203
Dixons Retail PLC1,3		43,448,571			17,582
					10,854,096

HEALTH CARE — 10.02%
Novo Nordisk A/S, Class B1		22,139,400			2,191,337
Novartis AG1		37,308,325			2,149,852
Bayer AG1		28,674,650			2,002,347
Roche Holding AG1		8,148,436			1,112,590
Teva Pharmaceutical Industries Ltd. (ADR)		13,738,100			724,685
CSL Ltd.1		16,425,000			524,699
UCB SA1,2		11,918,602			413,413
Smith & Nephew PLC1		39,825,000			363,341
Merck KGaA1		2,859,558			240,287
Richter Gedeon Nyrt1		849,000			196,740
Essilor International1		1,882,000			129,551
Terumo Corp.1		2,175,000			115,707
Lonza Group Ltd.1		1,047,012			89,491
Shionogi & Co., Ltd.1		4,750,000			87,000
					10,341,040

TELECOMMUNICATION SERVICES — 8.50%
América Móvil, SAB de CV, Series L (ADR)		50,366,501			2,686,045
América Móvil, SAB de CV, Series L		74,020,000			197,185
SOFTBANK CORP.1		40,038,000			1,312,042
Telefónica, SA1		43,744,100			1,085,197
MTN Group Ltd.1		33,224,200			600,362
Koninklijke KPN NV1		33,469,900			518,117
China Telecom Corp. Ltd., Class H1		577,442,000			316,209
Vodafone Group PLC1		126,444,919			313,010
Telekom Austria AG, non-registered shares1		16,601,203			249,558
Portugal Telecom, SGPS, SA1		17,545,665			233,752
Bharti Airtel Ltd.1		22,430,000			182,972
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, Class B1		157,269,200			162,388
Teléfonos de México, SAB de CV, Class L (ADR)		9,701,700			144,846
Philippine Long Distance Telephone Co.1		2,380,460			142,015
OJSC Mobile TeleSystems (ADR)		6,537,000			138,781
Singapore Telecommunications Ltd.1		49,795,824			118,826
Millicom International Cellular SA		940,000			90,193
Iliad SA1		657,500			68,606
KDDI Corp.1		13,400			64,220
Telekomunikacja Polska SA1		10,001,227			61,815
Orascom Telecom Holding SAE (GDR)1,3		12,693,555			55,125
China Mobile Ltd.1		3,000,000			30,680
					8,771,944

INFORMATION TECHNOLOGY — 8.44%
Samsung Electronics Co. Ltd.1		1,544,659			1,052,617
Samsung Electronics Co. Ltd., nonvoting preferred1		48,800			23,839
Canon, Inc.1		20,801,700			972,708
SAP AG1		16,604,795			822,535
SAP AG (ADR)		1,380,000			68,048
Taiwan Semiconductor Manufacturing Co. Ltd.1		276,878,136			549,272
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)		5,822,723			59,042
HOYA CORP.1		21,689,700			530,074
Nintendo Co., Ltd.1		1,722,000			430,352
Tencent Holdings Ltd.1		17,415,000			378,928
HTC Corp.1		16,538,610			375,142
Telefonaktiebolaget LM Ericsson, Class B1		31,115,188			341,812
MediaTek Inc.1		24,124,513			339,240
Murata Manufacturing Co., Ltd.1		6,381,900			336,438
Nippon Electric Glass Co., Ltd.1		20,400,000			278,939
Hon Hai Precision Industry Co., Ltd.1		65,357,600			245,622
Hirose Electric Co., Ltd.1,2		2,402,500			242,434
Nokia Corp.1		17,795,000			178,943
Advanced Semiconductor Engineering, Inc.1		213,931,448			172,807
Acer Inc.1		60,608,377			153,945
Delta Electronics, Inc.1		36,386,563			151,929
LG Display Co., Ltd.1		4,285,000			148,356
STMicroelectronics NV1		16,650,000			127,805
Tokyo Electron Ltd.1		2,350,000			118,216
Arm Holdings PLC1		17,750,000			110,645
Rohm Co., Ltd.1		1,745,000			107,909
Redecard SA, ordinary nominative		6,510,000			100,997
ASML Holding NV1		2,699,126			80,931
Cielo SA, ordinary nominative		8,634,100			75,165
Ibiden Co., Ltd.1		2,695,200			68,610
Konica Minolta Holdings, Inc.1		3,961,000			38,631
Keyence Corp.1		145,000			31,623
					8,713,554

MATERIALS — 6.79%
ArcelorMittal1		19,288,136			638,361
Syngenta AG1		1,974,315			490,962
Holcim Ltd1		7,314,544			470,220
Potash Corp. of Saskatchewan Inc.		3,193,300			459,963
POSCO1		957,890			433,494
Shin-Etsu Chemical Co., Ltd.1		8,876,000			433,414
Linde AG1		3,021,000			394,069
Impala Platinum Holdings Ltd.1		14,780,488			381,264
Barrick Gold Corp.		5,574,000			258,020
BASF SE1		3,610,000			228,078
BHP Billiton PLC1		7,100,000			226,702
Vedanta Resources PLC1		6,419,448			218,829
PT Semen Gresik (Persero) Tbk1		195,796,000			217,522
Akzo Nobel NV1		3,347,800			207,114
JFE Holdings, Inc.1		6,330,000			194,099
CRH PLC1		11,747,791			193,633
L’Air Liquide SA, non-registered shares1		1,265,066			154,782
Orica Ltd.1		6,198,775			154,045
UltraTech Cement Ltd.1		6,302,208			148,865
Xstrata PLC1		7,463,000			143,311
Vale SA, ordinary nominative (ADR)		4,000,000			125,080
Nitto Denko Corp.1		2,971,400			116,535
K+S AG1		1,838,000			110,070
Newcrest Mining Ltd.1		2,580,000			98,927
First Quantum Minerals Ltd.		1,281,900			97,491
Koninklijke DSM NV1		1,515,979			77,779
Rio Tinto PLC1		1,200,000			70,463
Israel Chemicals Ltd.1		4,900,000			69,236
Titan Cement Co. SA1		3,286,000			66,364
Givaudan SA1		45,332			46,346
Anglo American PLC1		1,115,000			45,254
CEMEX, SAB de CV, ordinary participation certificates, units (ADR)3		4,908,307			41,721
					7,012,013

INDUSTRIALS — 6.75%
Siemens AG1		7,171,500			758,499
Schneider Electric SA1		4,733,857			601,479
Ryanair Holdings PLC (ADR)		16,857,900			519,392
Capita Group PLC1,2		31,129,005			384,716
FANUC LTD1		2,581,000			327,347
Komatsu Ltd.1		13,030,000			303,367
AB Volvo, Class B1,3		18,000,000			264,607
BAE Systems PLC1		47,590,000			256,171
Adani Enterprises Ltd.1		16,203,117			239,101
Air France1,2,3		15,010,900			230,134
Asahi Glass Co., Ltd.1		21,615,000			220,968
Legrand SA1		6,482,000			219,347
Geberit AG1		1,187,000			211,564
G4S PLC1		52,637,466			210,630
ABB Ltd1,3		8,565,000			180,725
Orkla AS1		17,243,900			159,034
Noble Group Ltd.1		110,246,000			158,480
Kubota Corp.1		17,250,000			158,314
Wolseley PLC1,3		6,057,291			152,495
Vallourec SA1		1,463,000			145,582
British Airways PLC1,3		37,588,000			143,319
Alstom SA1		2,738,000			140,085
Vestas Wind Systems A/S1,3		3,632,500			136,738
Nidec Corp.1		1,415,000			126,112
Qantas Airways Ltd.1,3		44,991,477			121,332
Beijing Enterprises Holdings Ltd.1		15,000,000			106,721
Canadian National Railway Co.		1,630,000			104,241
Deutsche Lufthansa AG1,3		5,000,000			92,058
East Japan Railway Co.1		1,350,000			81,591
Mitsubishi Corp.1		2,600,000			61,702
Experian PLC1		5,410,000			58,925
KONE Oyj, Class B1		775,000			40,075
SMC Corp.1		242,000			31,990
Finmeccanica SpA1		1,511,570			17,968
					6,964,809

ENERGY — 6.24%
BP PLC1		109,199,694			746,535
Royal Dutch Shell PLC, Class B1		14,110,000			411,909
Royal Dutch Shell PLC, Class A1		3,195,000			96,650
Royal Dutch Shell PLC, Class B (ADR)		1,292,999			76,015
Royal Dutch Shell PLC, Class A (ADR)		1,000,000			60,300
OAO Gazprom (ADR)1		27,332,000			575,134
Canadian Natural Resources, Ltd.		14,062,600			486,430
Petróleo Brasileiro SA – Petrobras, ordinary nominative (ADR)		9,891,340			358,759
Petróleo Brasileiro SA – Petrobras, preferred nominative (ADR)		1,321,860			43,384
Saipem SpA, Class S1		7,966,566			319,828
Suncor Energy Inc. (CAD denominated)		7,434,000			242,044
Suncor Energy Inc.		1,695,000			55,172
Eni SpA1		12,857,000			277,577
China National Offshore Oil Corp.1		140,389,100			272,566
TOTAL SA1		4,968,000			256,246
TransCanada Corp.		6,425,218			238,362
Reliance Industries Ltd.1		9,085,910			199,699
Essar Energy PLC1,3		23,062,500			167,726
INPEX CORP.1		35,200			165,720
Cenovus Energy Inc.		5,555,000			159,756
SeaDrill Ltd.1		5,500,446			159,468
Cameco Corp.		4,882,000			135,378
Nexen Inc.		6,198,322			124,701
Oil Search Ltd.1		19,000,000			113,081
BG Group PLC1		6,135,000			107,876
Statoil ASA1		4,828,320			100,802
Cairn India Ltd.1,3		12,812,190			95,564
Woodside Petroleum Ltd.1		2,107,964			89,406
JSC KazMunaiGas Exploration Production (GDR)1		4,874,748			86,175
Acergy SA1		3,910,000			72,235
Sasol Ltd.1		1,517,000			68,028
OJSC OC Rosneft (GDR)1		6,395,000			42,758
Tenaris SA (ADR)		1,040,000			39,957
					6,445,241

UTILITIES — 1.97%
GDF SUEZ1		14,626,539			525,247
Hongkong Electric Holdings Ltd.1		43,010,000			261,452
Hong Kong and China Gas Co. Ltd.1		98,116,975			248,369
SUEZ Environnement Co.1		10,701,500			198,052
National Grid PLC1		21,255,000			180,429
Electricité de France SA1		4,080,906			176,145
Fortum Oyj1		5,215,260			136,606
E.ON AG1		3,000,000			88,300
Red Eléctrica de Corporación, SA1		1,545,000			72,760
RWE AG1		800,000			53,964
CEZ, a s1		1,112,000			49,840
Scottish and Southern Energy PLC1		2,125,000			37,337
					2,028,501

MISCELLANEOUS — 2.34%
Other common stocks in initial period of acquisition					2,418,649


Total common stocks (cost: $71,651,933,000)					94,994,142




Rights — 0.04%

MISCELLANEOUS — 0.04%
Other rights in initial period of acquisition					44,423


Total rights (cost: $0)					44,423




	Principal amount
Bonds & notes — 0.05%		(000	)

FINANCIALS — 0.05%
Westfield Group 7.125% 20184	$	42,735			50,332


Total bonds & notes (cost: $33,994,000)					50,332




Short-term securities — 7.85%

Freddie Mac 0.16%–0.44% due 10/1/2010–6/21/2011		2,974,634			2,972,544
Fannie Mae 0.16%–0.51% due 10/1/2010–6/1/2011		2,433,665			2,432,322
Straight-A Funding LLC 0.24%–0.31% due 10/26–12/16/20104		510,882			510,664
National Australia Funding (Delaware) Inc. 0.24%–0.27% due 12/3/2010–1/21/20114		277,600			277,435
Federal Farm Credit Banks 0.29%–0.43% due 3/31–6/14/2011		275,000			274,568
Bank of Nova Scotia 0.22%–0.245% due 10/5–12/7/2010		245,200			245,115
Federal Home Loan Bank 0.26%–0.28% due 12/15/2010		194,400			194,328
Commonwealth Bank of Australia 0.25%–0.33% due 10/13–12/29/20104		166,400			166,340
Société Générale North America, Inc. 0.23%–0.235% due 10/6–10/14/2010		165,400			165,390
Wal-Mart Stores Inc. 0.20% due 11/3–11/4/20104		150,000			149,971
International Bank for Reconstruction and Development 0.21% due 2/7/2011		106,200			106,124
Toronto-Dominion Holdings USA Inc. 0.22% due 10/29/20104		60,800			60,788
Novartis Securities Investment Ltd. 0.22%–0.24% due 10/1–12/20/20104		52,400			52,387
Procter & Gamble Co. 0.26% due 12/2/20104		50,400			50,382
Roche Holdings, Inc. 0.19% due 10/18/20104		50,000			49,995
General Electric Capital Services, Inc. 0.23% due 10/27/2010		50,000			49,992
Coca-Cola Co. 0.23% due 1/4/20114		50,000			49,969
Bank of America Corp. 0.27% due 1/3/2011		48,300			48,269
Bank of Montreal 0.23% due 10/4/2010		40,000			40,000
U.S. Treasury Bill 0.40% due 10/21/2010		40,000			39,997
Variable Funding Capital Corp. 0.23% due 10/20/20104		40,000			39,995
KfW 0.27% due 11/10/20104		29,600			29,593
British Columbia (Province of) 0.34% due 10/28/2010		29,100			29,095
Old Line Funding, LLC 0.25% due 11/18/20104		26,400			26,391
Canada Bills 0.20% due 11/22/2010		25,000			24,992
Canadian Imperial Holdings Inc. 0.24% due 11/10/2010		20,400			20,393


Total short-term securities (cost: $8,105,130,000)					8,107,039

Total investment securities (cost: $79,791,057,000)					103,195,936
Other assets less liabilities					26,011

Net assets				$	103,221,947

"Miscellaneous" securities include holdings in their initial period of acquisition that have not previously been publicly disclosed.

1Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities, including those in "Miscellaneous," was $83,985,185,000, which represented 81.36% of the net assets of the fund. This amount includes $83,731,809,000 related to certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading.

2Represents an affiliated company as defined under the Investment Company Act of 1940.

3Security did not produce income during the last 12 months.

4Acquired in a transaction exempt from registration under 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 $1,543,322,000, which represented 1.50% of the net assets of the fund.

Key to abbreviations

ADR = American Depositary Receipts

GDR = Global Depositary Receipts

CAD = Canadian dollars

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

MFGEFP-916-1110O-S25534

ITEM 7 – 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 8 – 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 9 – 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 10 – 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 c onsider 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 11 – 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 second fiscal quarter of the 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 12 – Exhibits

(a)(1)	Not applicable for filing of semi-annual reports to shareholders.

(a)(2)	The certifications required by Rule 30a-2 of the Investment Company Act of 1940 and Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 are attached as exhibits hereto.

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.

	EUROPACIFIC GROWTH FUND

	By /s/ Gina H. Despres
	Gina H. Despres, Vice Chairman and Principal Executive Officer

	Date: November 30, 2010

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/ Gina H. Despres

Gina H. Despres, Vice Chairman and

Principal Executive Officer

Date: November 30, 2010

By /s/ Jennifer M. Buchheim

Jennifer M. Buchheim, Treasurer and

Principal Financial Officer

Date: November 30, 2010

American Funds EuroPacific Growth Fund (AEPGX) N-CSRSCertified semi-annual shareholder report (management investment company)