American Funds EuroPacific Growth Fund (AEPGX) N-CSRS 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, 2011

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®

[photo of the Pegelturm water level tower and Blohm & Voss shipyard Hamburg Harbour, Germany]

Semi-annual report for the six months ended September 30, 2011

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 33 American Funds. American Funds is one of the nation’s largest mutual fund families. For 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, 2011:
Class A shares	1 year			5 years			10 years
Reflecting 5.75% maximum sales charge		–17.66	%		–1.83	%		6.42	%

The total annual fund operating expense ratio was 0.82% 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.

Investing outside the United States may be subject to 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.

[photo of the Pegelturm water level tower in Hamburg Harbour, Germany]

Fellow investors:

When EuroPacific Growth Fund’s fiscal year began in April, sentiment on the global economy had begun to shift from cautiously optimistic to highly uncertain. Volatility returned in force to markets as worries mounted regarding Europe’s debt crisis, unrest in the Middle East, slowing growth in China and a ratings downgrade of U.S. Treasury debt.

During this tumultuous period, nearly all equity markets tumbled, reflecting remarkable global correlation. For the six months ended September 30, 2011, the fund lost 20.1%. This result compares with the –19.3% return of the unmanaged MSCI All Country World ex USA Index, which measures more than 40 developed- and developing-country stock markets, and the –19.6% return of the Lipper International Funds Average.

[Begin Sidebar]

Results at a glance

For periods ended September 30, 2011, with all distributions reinvested

Total returns

Average annual total returns

Lifetime

Six months

1 year

5 years

10 years

(since 4/16/84)

EuroPacific Growth Fund

(Class A shares)

–20.1

%

–12.6

%

–0.7

%

7.1

%

11.1

%

MSCI All Country World

ex USA Index1,2

–19.3

–10.4

–1.1

7.3

—

Lipper International Funds

Average

–19.6

–10.9

–3.2

5.2

8.6

MSCI EAFE Index1

–17.5

–8.9

–3.0

5.5

8.7

1 The indexes are unmanaged and, therefore, have no expenses.

2 The index did not exist prior to December 31, 1987.

[End Sidebar]

Uncertain environment

Greece and other heavily indebted European nations dominated the headlines, as politicians across the region wrangled over debt-reduction plans and confidence in the region’s banking system remained fragile. Economic data weakened across the euro zone, with manufacturing activity contracting in August and again in September. Inflation rose at its fastest pace in three years; consumer prices jumped 3% in September. The European Central Bank (ECB) raised interest rates by 25 basis points to 1.5% in July, but then paused as signs of slowing growth mounted. The Bank of England also held rates steady despite rising inflation. In the U.S., rating agency Standard & Poor’s lowered its rating on U.S. debt to AA+ in August on concerns about the levels of public debt. This ignited several weeks of great volatility in the global markets.

Japan’s new prime minister grappled with a rising yen, warnings from the International Monetary Fund (IMF) about the country’s debt levels, and a credit rating cut by Moody’s — all following a series of devastating natural disasters. Despite central bank intervention to weaken the yen to help the country’s export sector, it climbed nearly 8% against the U.S. dollar and about 14% against the euro. In China, regulators unsettled markets when they tightened monetary policy, and the economy showed signs of slowing as those measures took effect. Property prices continued to drop, and growth in manufacturing activity decelerated. Brazil’s central bank surprised markets in August by reversing course, cutting its benchmark rate after months of tightening as it tried to balance a weakening global economy against the threat of inflation. India’s central bank raised its key interest rate for the 12th time in 18 months in an effort to stem inflation.

How the fund responded

Financials remained the fund’s largest sector at 15.9% of net assets, albeit reduced from 20.2% at the beginning of the fiscal year; overall, these holdings hurt the fund during the six months. Moody’s downgraded its ratings on several French banks, including Société Générale (–59.7%). The IMF forecast that the debt crisis could cost European banks some €300 billion in potential losses. France, Italy and Spain imposed bans on short-selling bank stocks. EuroPacific Growth Fund’s financial holdings in the region — such as Prudential (–24.5%), Deutsche Bank (–40.7%) and Barclays (–44.9%) — suffered. Financials in developing markets also had difficulties, including India’s Housing Development Finance Corp. (–17.9%), HDFC Bank (–10.4%) and ICICI Bank (–29.7%).

Telecommunications stocks, many of which we believe stand to benefit from the trend toward mobile computing, also did poorly in the period. Some of the fund’s largest holdings were telecommunications companies, including Brazil’s América Móvil (–24.0%) and Japan’s Softbank (–26.7%). Health care companies made up 9.7% of the portfolio, and while they had helped returns during the recession, many were pulled down in the most recent market drop. Three pharmaceutical companies were among the fund’s 10 largest: the fund’s largest hold­ing, Novo Nordisk (–20.9%), third-largest Novartis (+2.9%) and eighth-largest Bayer (–29.0%).

[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
	EuroPacific						World
	Growth Fund						ex USA Index2
	(9/30/11)			(3/31/11)			(9/30/11)
Europe
Euro zone3		20.5	%		25.4	%		19.1	%
United Kingdom		10.2			9.7			15.2
Switzerland		6.8			6.7			5.9
Denmark		2.9			3.2			.7
Sweden		1.8			2.1			2.0
Russia		1.0			1.1			1.5
Norway		.3			.6			.6
Other Europe		.4			.4			.8
		43.9			49.2			45.8
Pacific Basin
Japan		10.7			11.0			15.9
China		5.3			5.3			3.9
South Korea		4.6			3.9			3.4
Canada		4.0			3.8			8.2
Mexico		2.6			3.1			1.1
Hong Kong		2.4			2.3			1.8
Taiwan		2.4			2.6			2.6
Australia		1.6			1.7			5.8
Indonesia		.9			.8			.7
Other Pacific Basin		1.5			1.2			2.6
		36.0			35.7			46.0
Other
India		5.0			4.2			1.7
South Africa		1.8			1.7			1.8
Israel		1.0			.7			.4
Brazil		1.0			1.7			3.4
Other countries		—			.1			.9
		8.8			8.4			8.2
Short-term securities & other
assets less liabilities		11.3			6.7			—
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, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.

[End Sidebar]

There was little that shone during the period; however, consumer staples com­panies, often considered defensive stocks, made up a significant portion of the fund at 10.1% and did not fall as much as other sectors. These included sixth-largest holding Nestlé (–4.1%), seventh-largest Anheuser-Busch InBev (–6.9%) and ninth-largest British American Tobacco (+5.6%). Information technology company Canon, the fund’s 10th-largest holding, also had a positive return (+4.0%).

The road ahead

Volatility could remain a theme over the next several months as macroeconomic and political issues draw the market’s attention. In the near term, the global economy could be slow to recover. In many countries, governments are cutting public spending and raising taxes, and central banks are pressing their available monetary levers to stabilize growth, employment and inflation.

While uncertainty persists, our investment approach remains consistent — we focus on quality companies that we believe are likely to thrive over time. We are steadfast in our company-by-company approach to researching and selecting investments. Our discipline involves thinking ahead, often years ahead, researching great companies and waiting for the right price to buy. Market volatility, while uncomfortable, has often provided us with opportunities. As always, we look for well-run companies trading at attractive prices that have the financial strength to overcome what we hope is short-term adversity.

We thank you, our fellow investors, for your continued support of EuroPacific Growth Fund’s long-term perspective on investing.

Sincerely,

/s/ Gina H. Despres

Gina H. Despres

Vice Chairman of the Board

/s/ Carl Kawaja

Carl Kawaja

President

November 9, 2011

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

Other share class results

unaudited

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, 2011:
							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		–17.59	%		–1.71	%		6.41	%
Not reflecting CDSC		–13.28			–1.40			6.41
Class C shares
Reflecting CDSC, maximum of 1%, payable only
if shares are sold within one year of purchase		–14.20			–1.44			6.19
Not reflecting CDSC		–13.34			–1.44			6.19
Class F-1 shares3
Not reflecting annual asset-based fee charged
by sponsoring firm		–12.66			–0.69			7.01
Class F-2 shares3 — first sold 8/1/08
Not reflecting annual asset-based fee charged
by sponsoring firm		–12.44			—			–4.07
Class 529-A shares4 — first sold 2/15/02
Reflecting 5.75% maximum sales charge		–17.70			–1.87			5.98
Not reflecting maximum sales charge		–12.69			–0.71			6.64
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		–17.68			–1.83			6.09
Not reflecting CDSC		–13.37			–1.51			6.09
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		–14.23			–1.51			5.75
Not reflecting CDSC		–13.37			–1.51			5.75
Class 529-E shares3,4 — first sold 3/7/02		–12.93			–1.01			5.77
Class 529-F-1 shares3,4 — first sold 9/16/02
Not reflecting annual asset-based fee charged
by sponsoring firm		–12.49			–0.51			8.84

1Applicable to Classes B, C and F-1 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.

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 that include expense ratios for all share classes.

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

Summary investment portfolio

unaudited

September 30, 2011

The following summary investment portfolio is designed to streamline the report and help investors better focus on the 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		15.89	%
Consumer discretionary		10.78
Consumer staples		10.14
Information technology		9.71
Health care		9.66
Other industries		32.40
Bonds & notes		0.11
Short-term securities & other assets less liabilities		11.31

[end pie chart]

Country diversification	(percent of net assets)
Euro zone*		20.5	%
Japan		10.7
United Kingdom		10.2
Switzerland		6.8
China		5.3
India		5.0
South Korea		4.6
Canada		4.0
Denmark		2.9
Mexico		2.6
Hong Kong		2.4
Taiwan		2.4
South Africa		1.8
Other countries		9.5
Short-term securities & other assets less liabilities		11.3
*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  - 88.58%	Shares				(000	)	assets
Financials  - 15.89%
Housing Development Finance Corp. Ltd. (1)		65,696,730		$	848,067			.96	%
Prudential PLC (1)		87,373,984			747,850			.84
Deutsche Bank AG (1)		15,426,338			537,484			.61
HDFC Bank Ltd. (1)		54,845,000			517,078			.58
ICICI Bank Ltd. (1)		26,710,942			469,726			.53
Barclays PLC (1)		189,661,707			465,586			.52
Agricultural Bank of China, Class H (1)		1,290,094,000			414,612			.47
Fairfax Financial Holdings Ltd.		711,291			273,619
Fairfax Financial Holdings Ltd. (CAD denominated)		325,000			124,613			.45
Other securities					9,706,702			10.93
					14,105,337			15.89
Consumer discretionary  - 10.78%
Honda Motor Co., Ltd. (1)		28,759,250			843,221			.95
Daimler AG (EUR denominated) (1)		18,117,122			802,485
Daimler AG		250,000			11,087			.92
Hyundai Motor Co. (1)		2,934,390			514,734			.58
Hyundai Mobis Co., Ltd. (1)		1,792,000			508,934			.57
Kia Motors Corp. (1)		7,729,160			461,996			.52
Hero MotoCorp Ltd. (1)		9,975,363			393,330			.44
Other securities					6,035,672			6.80
					9,571,459			10.78
Consumer staples  - 10.14%
Nestlé SA (1)		25,976,200			1,427,920			1.61
Anheuser-Busch InBev NV (1)		20,530,623			1,088,809
Anheuser-Busch InBev NV, VVPR STRIPS  (1)  (2)		10,093,238			27			1.23
British American Tobacco PLC (1)		23,814,999			1,009,397			1.14
Danone SA (1)		8,502,168			523,234			.59
Tesco PLC (1)		71,905,501			420,608			.47
Pernod Ricard SA (1)		4,996,672			391,780			.44
Other securities					4,140,207			4.66
					9,001,982			10.14
Information technology  - 9.71%
Samsung Electronics Co. Ltd. (1)		2,296,709			1,608,875
Samsung Electronics Co. Ltd., nonvoting preferred (1)		48,800			23,310			1.84
Canon, Inc. (1)		20,588,700			932,093			1.05
Taiwan Semiconductor Manufacturing Co. Ltd. (1)		380,843,136			862,899
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)		5,822,723			66,554			1.05
HTC Corp. (1)		36,492,840			801,713			.90
ASML Holding NV (1)		18,181,126			631,761			.71
Murata Manufacturing Co., Ltd. (1)		11,200,200			604,294			.68
Tencent Holdings Ltd. (1)		19,585,000			401,738			.45
Other securities					2,688,750			3.03
					8,621,987			9.71
Health care  - 9.66%
Novo Nordisk A/S, Class B (1)		22,139,400			2,200,923			2.48
Novartis AG (1)		33,256,725			1,856,043			2.09
Bayer AG (1)		18,850,082			1,035,925			1.16
Teva Pharmaceutical Industries Ltd. (ADR)		22,647,300			842,932			.95
Roche Holding AG (1)		4,572,007			735,552			.83
UCB SA (1)  (3)		11,918,602			507,521			.57
Other securities					1,398,635			1.58
					8,577,531			9.66
Industrials  - 8.36%
Schneider Electric SA (1)		12,570,156			676,759			.76
Komatsu Ltd. (1)		22,789,600			492,123			.56
Ryanair Holdings PLC (ADR) (2)		17,233,200			443,755			.50
Siemens AG (1)		4,757,000			429,758			.48
Other securities					5,377,186			6.06
					7,419,581			8.36
Telecommunication services  - 7.76%
América Móvil, SAB de CV, Series L (ADR)		84,432,402			1,864,268
América Móvil, SAB de CV, Series L		140,040,000			154,596			2.27
SOFTBANK CORP. (1)		49,426,900			1,446,869			1.63
MTN Group Ltd. (1)		36,324,200			594,296			.67
Koninklijke KPN NV (1)		34,782,000			457,889			.52
Other securities					2,369,780			2.67
					6,887,698			7.76
Materials  - 6.37%
Syngenta AG (1)		2,074,315			537,371			.61
Linde AG (1)		3,095,500			412,855			.46
Other securities					4,705,817			5.30
					5,656,043			6.37
Energy  - 6.12%
BP PLC (1)		123,652,164			741,654			.83
Canadian Natural Resources, Ltd.		17,722,600			520,397			.59
Royal Dutch Shell PLC, Class B (1)		12,965,000			402,690
Royal Dutch Shell PLC, Class B (ADR)		1,292,999			80,231			.54
INPEX CORP. (1)		67,300			414,730			.47
Other securities					3,274,414			3.69
					5,434,116			6.12
Utilities - 1.95%
Other securities					1,729,044			1.95
Miscellaneous -  1.84%
Other common stocks in initial period of acquisition					1,630,994			1.84
Total common stocks (cost: $70,795,007,000)					78,635,772			88.58
	Principal						Percent
	amount			Value			of net
Bonds & notes  - 0.11%		(000	)		(000	)	assets
Bonds & notes of U.S. government agency - 0.11%
Freddie Mac 1.25% 2012	$	100,000			100,635			.11
Total bonds & notes (cost: $100,601,000)					100,635			.11
	Principal						Percent
	amount			Value			of net
Short-term securities  - 11.29%		(000	)		(000	)	assets
Freddie Mac 0.09%-0.21% due 10/19/2011-8/8/2012	$	2,907,930			2,906,964			3.28
Fannie Mae 0.08%-0.23% due 10/20/2011-8/2/2012		2,478,624			2,477,895			2.79
Federal Home Loan Bank 0.09%-0.32% due 10/26/2011-8/22/2012		1,282,900			1,282,219			1.44
U.S. Treasury Bills 0.144%-0.225% due 11/17/2011-6/28/2012		681,100			680,955			.77
Nestlé Finance International Ltd. 0.10%-0.12% due 10/19/2011		110,900			110,895
Nestlé Capital Corp. 0.11% due 11/29/2011 (4)		4,700			4,699			.13
Novartis Securities Investment Ltd. 0.13%-0.18% due 11/14-11/15/2011 (4)		37,650			37,638			.04
Other securities					2,516,592			2.84
Total short-term securities (cost: $10,014,766,000)					10,017,857			11.29
Total investment securities (cost: $80,910,374,000)					88,754,264			99.98
Other assets less liabilities					18,401			.02
Net assets				$	88,772,665			100.00	%

\

As permitted by U.S. Securities and Exchange Commission regulations, "Miscellaneous" securities include holdings in their first year 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, 2011, appear below.

	Beginning shares		Additions		Reductions		Ending shares		Dividend income (000)		Value of affiliates at 9/30/2011 (000)
UCB SA (1)		11,918,602		-		-		11,918,602	$	14,705	$	507,521
Nitto Denko Corp. (1)		6,910,700		1,790,600		-		8,701,300		6,022		342,772
Capita Group PLC (1)		31,129,005		-		-		31,129,005		10,434		340,238
Techtronic Industries Co. Ltd. (1)  (5)		86,710,000		-		37,392,000		49,318,000		1,116		-
									$	32,277	$	1,190,531

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 $69,206,434,000, which represented 77.96% of the net assets of the fund. This amount includes $69,097,017,000 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) Security did not produce income during the last 12 months.

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

(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 $1,416,050,000, which represented 1.60% of the net assets of the fund.

(5) Unaffiliated issuer at 9/30/2011.

Key to abbreviations

ADR = American Depositary Receipts

CAD = Canadian dollars

EUR = Euros

See Notes to Financial Statements

Financial statements

Statement of assets and liabilities			unaudited
at September 30, 2011	(dollars in thousands)
Assets:
Investment securities, at value:
Unaffiliated issuers (cost: $79,624,132)	$	87,563,733
Affiliated issuers (cost: $1,286,242)		1,190,531	$	88,754,264
Cash denominated in currencies other than U.S. dollars (cost: $22,408)				22,401
Cash				739
Unrealized appreciation on open forward currency contracts				26,989
Receivables for:
Sales of investments		294,012
Sales of fund's shares		226,481
Dividends and interest		203,319		723,812
				89,528,205
Liabilities:
Payables for:
Purchases of investments		263,420
Repurchases of fund's shares		426,129
Closed forward currency contracts		263
Investment advisory services		32,723
Services provided by related parties		28,603
Trustees' deferred compensation		2,850
Other		1,552		755,540
Net assets at September 30, 2011			$	88,772,665
Net assets consist of:
Capital paid in on shares of beneficial interest			$	92,440,566
Undistributed net investment income				1,020,289
Accumulated net realized loss				(12,554,016	)
Net unrealized appreciation				7,865,826
Net assets at September 30, 2011			$	88,772,665

	(dollars and shares in thousands, except per-share amounts)
Shares of beneficial interest issued and outstanding (no stated par value) -
unlimited shares authorized (2,608,156 total shares outstanding)
		Net assets		Shares outstanding		Net asset value per share
Class A		$	29,151,758		852,318	$	34.20
Class B			499,149		14,794		33.74
Class C			2,067,255		62,203		33.23
Class F-1			6,873,959		202,042		34.02
Class F-2			5,232,647		152,850		34.23
Class 529-A			795,030		23,449		33.90
Class 529-B			54,386		1,637		33.23
Class 529-C			281,566		8,509		33.09
Class 529-E			43,830		1,305		33.58
Class 529-F-1			56,303		1,659		33.94
Class R-1			259,204		7,880		32.90
Class R-2			1,012,455		30,585		33.10
Class R-3			6,150,122		183,516		33.51
Class R-4			10,804,021		321,314		33.62
Class R-5			12,601,250		368,153		34.23
Class R-6			12,889,730		375,942		34.29
See Notes to Financial Statements

Statement of operations				unaudited
for the six months ended September 30, 2011	(dollars in thousands)
Investment income:
Income:
Dividends (net of non-U.S. taxes of $202,939;
also includes $32,277 from affiliates)	$	1,722,919
Interest		7,752		$	1,730,671
Fees and expenses*:
Investment advisory services		228,272
Distribution services		114,845
Transfer agent services		24,312
Administrative services		45,455
Reports to shareholders		2,405
Registration statement and prospectus		991
Trustees' compensation		(64	)
Auditing and legal		52
Custodian		11,964
Other		1,060			429,292
Net investment income					1,301,379
Net realized loss and unrealized depreciation
on investments, forward currency contracts and currency:
Net realized (loss) gain on:
Investments (net of non-U.S. taxes of $443; also includes $35,729 net loss from affiliates)		(439,008	)
Forward currency contracts		64,963
Currency transactions		7,239			(366,806	)
Net unrealized (depreciation) appreciation on:
Investments		(23,464,904	)
Forward currency contracts		27,360
Currency translations		(7,589	)		(23,445,133	)
Net realized loss and unrealized depreciation
on investments, forward currency contracts and currency					(23,811,939	)
Net decrease in net assets resulting
from operations				$	(22,510,560	)
(*) 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, 2011*			Year ended March 31, 2011
Operations:
Net investment income	$	1,301,379		$	1,416,826
Net realized (loss) gain on investments, forward currency contracts and currency transactions		(366,806	)		1,659,466
Net unrealized (depreciation) appreciation on investments, forward currency contracts and currency translations		(23,445,133	)		9,217,676
Net (decrease) increase in net assets resulting from operations		(22,510,560	)		12,293,968
Dividends paid to shareholders from net investment income		-			(1,525,621	)
Net capital share transactions		(1,978,991	)		14,474
Total (decrease) increase in net assets		(24,489,551	)		10,782,821
Net assets:
Beginning of period		113,262,216			102,479,395
End of period (including undistributed and distributions in excess of
net investment income: $1,020,289 and $(281,090), respectively)	$	88,772,665		$	113,262,216
*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. In 2009, shareholders approved a proposal to reorganize the fund from a Massachusetts business trust to a Delaware statutory trust. The reorganization may be completed in 2012; however, the fund reserves the right to delay the implementation.

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 recognizedon 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.

3.   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 the net asset value of each share class 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 on 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 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, generally based on prices supplied by one or more pricing vendors.

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 security; 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. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. 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 underlying 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 presentthe fund’s valuation levels as of September 30, 2011 (dollars in thousands):

Investment securities:	Level 1		Level 2			Level 3		Total
Common stocks:
Financials	$	2,157,375	$	11,876,477	*	$	-	$	14,033,852
Consumer discretionary		305,888		9,265,571	*		-		9,571,459
Consumer staples		151,341		8,850,641	*		-		9,001,982
Information technology		433,332		8,188,655	*		-		8,621,987
Health care		842,932		7,734,599	*		-		8,577,531
Industrials		552,686		6,866,895	*		-		7,419,581
Telecommunication services		2,407,722		4,479,976	*		-		6,887,698
Materials		654,648		5,001,395	*		-		5,656,043
Energy		1,731,230		3,702,886	*		-		5,434,116
Utilities		-		1,729,044	*		-		1,729,044
Miscellaneous		192,184		1,510,295	*		-		1,702,479
Bonds & notes		-		100,635			-		100,635
Short-term securities		-		10,017,857			-		10,017,857
Total	$	9,429,338	$	79,324,926		$	-	$	88,754,264
(*) 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, $69,097,017,000 of investment securities were classified as Level 2 instead of Level 1.

Forward currency contracts (†):	Level 1		Level 2		Level 3		Total
Unrealized appreciation on open forward currency contracts	$	-	$	26,989	$	-	$	26,989
(†) 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 conditions – The prices of, and the income generated by, the common stocks and other securities held by the fund may decline due to market conditions and other factors, including factors directly involving the issuers of securities held by the fund.

Investing in growth-oriented stocks – Growth-oriented stocks may involve larger price swings and greater potential for loss than other types of investments. These risks may be even greater in the case of smaller capitalization stocks.

Investing outside the U.S. – Securities of issuers domiciled outside the U.S., or with significant operations outside the U.S., may lose value because of political, social or economic developments in the country or region in which the issuer operates. These securities may also lose value due to changes in the exchange rate of the country’s currency against the U.S. dollar. Securities markets in certain countries may be more volatile and/or less liquid than those in the U.S. Investments outside the U.S. may also be subject to different settlement and accounting practices and different regulatory, legal and reporting standards than those in the U.S. These risks may be heightened in connection with investments in developing countries.

Investing in developing countries – Investing in countries with developing economies and/or markets may involve risks in addition to and greater than those generally associated with investing in developed countries. For instance, developing countries may have less developed legal and accounting systems than those in developed countries. 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 the prices of securities. 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 can also be 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 and/or markets. Because these markets may not be as mature, there may be increased settlement risks for transactions in local securities.

Management – The investment adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the investment adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.

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, 2011, 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 2007, by state tax authorities for tax years before 2006 and by tax authorities outside the U.S. for tax years before 2004.

Non-U.S. taxation – Dividend and interest income are 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.; cost of investments sold; 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 financial 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, 2011, the components of distributable earnings on a tax basis were as follows:

	(dollars in thousands)
Undistributed ordinary income				$	410,893
Post-October currency loss deferrals (realized during the period November 1, 2010, through March 31, 2011)*					(35,874	)
Capital loss carryforwards†:
Expiring 2017	$	(3,126,924	)
Expiring 2018		(8,747,831	)		(11,874,755	)
*These deferrals are considered incurred in the subsequent year.
†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.

Under the Regulated Investment Company Modernization Act of 2010 (the “Act”), net capital losses recognized after March 31, 2011, may be carried forward indefinitely, and their character is retained as short-term and/or long-term losses. Previously, net capital losses were carried forward for eight years and treated as short-term losses. As a transition rule, the Act requires that post-enactment net capital losses be used before pre-enactment net capital losses.

As of September 30, 2011, the tax basis unrealized appreciation (depreciation) and cost of investment securities were as follows:

(dollars in thousands)
Gross unrealized appreciation on investment securities	$	14,965,651
Gross unrealized depreciation on investment securities		(8,181,546	)
Net unrealized appreciation on investment securities		6,784,105
Cost of investment securities		81,970,159

No distributions were paid to shareholders during the six months ended September 30, 2011. Tax-basis distributions paid to shareholders from ordinary income during the year ended March 31, 2011, was as follows (dollars in thousands):

Share class
Class A	$	538,555
Class B		4,373
Class C		18,719
Class F-1		120,161
Class F-2		88,151
Class 529-A		12,697
Class 529-B		416
Class 529-C		2,291
Class 529-E		580
Class 529-F-1		1,031
Class R-1		2,414
Class R-2		9,285
Class R-3		84,818
Class R-4		177,635
Class R-5		267,158
Class R-6		197,337
Total	$	1,525,621

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 fund has an investment advisory and service agreement with CRMC that providesfor 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, 2011, the investment advisory services fee was $228,272,000, which was equivalent to an annualized rate of 0.422% of average dailynet 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 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, distribution-related expenses include 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, 2011, 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 hasa 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 agent 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 statements, the Commonwealth of Virginia is not considered a related party.

Expenses under the agreements described above for the six months ended September 30, 2011, 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	$	43,461	$	23,946	Not applicable		Not applicable		Not applicable
Class B		3,276		366	Not applicable		Not applicable		Not applicable
Class C		13,135	Included in administrative services		$	1,770	$	274	Not applicable
Class F-1		10,462				6,202		419	Not applicable
Class F-2	Not applicable					4,037		121	Not applicable
Class 529-A		983				481		76	$	474
Class 529-B		352				36		12		35
Class 529-C		1,701				173		48		170
Class 529-E		132				24		4		27
Class 529-F-1		-				35		6		34
Class R-1		1,573				228		28	Not applicable
Class R-2		4,726				939		1,634	Not applicable
Class R-3		18,598				5,542		1,445	Not applicable
Class R-4		16,446				9,875		57	Not applicable
Class R-5	Not applicable					7,614		26	Not applicable
Class R-6	Not applicable					3,588		21	Not applicable
Total	$	114,845	$	24,312	$	40,544	$	4,171	$	740

Trustees’ deferred compensation – Trustees who are unaffiliated with CRMCmay 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 $(64,000), shown on the accompanying financial statements, includes $193,000 in current fees (either paid in cash or deferred) and a net decrease of $257,000 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				Repurchases(*)						Net (decrease) increase
Share class	Amount		Shares		Amount		Shares		Amount			Shares			Amount			Shares
Six months ended September 30, 2011
Class A	$	1,650,302		40,651	$	-		-	$	(4,470,600	)		(109,061	)	$	(2,820,298	)		(68,410	)
Class B		5,989		147		-		-		(114,931	)		(2,846	)		(108,942	)		(2,699	)
Class C		90,175		2,236		-		-		(327,450	)		(8,291	)		(237,275	)		(6,055	)
Class F-1		965,473		24,060		-		-		(1,213,755	)		(30,238	)		(248,282	)		(6,178	)
Class F-2		1,133,693		27,538		-		-		(789,553	)		(19,936	)		344,140			7,602
Class 529-A		65,161		1,600		-		-		(52,393	)		(1,297	)		12,768			303
Class 529-B		842		21		-		-		(10,638	)		(268	)		(9,796	)		(247	)
Class 529-C		20,700		519		-		-		(22,918	)		(581	)		(2,218	)		(62	)
Class 529-E		3,687		91		-		-		(3,338	)		(84	)		349			7
Class 529-F-1		6,754		164		-		-		(7,105	)		(177	)		(351	)		(13	)
Class R-1		33,960		868		-		-		(38,430	)		(981	)		(4,470	)		(113	)
Class R-2		145,402		3,657		-		-		(222,703	)		(5,590	)		(77,301	)		(1,933	)
Class R-3		828,870		20,715		-		-		(927,228	)		(23,094	)		(98,358	)		(2,379	)
Class R-4		1,712,104		42,607		-		-		(1,948,236	)		(48,553	)		(236,132	)		(5,946	)
Class R-5		1,690,877		41,292		-		-		(2,441,988	)		(60,487	)		(751,111	)		(19,195	)
Class R-6		3,398,094		81,982		-		-		(1,139,808	)		(27,799	)		2,258,286			54,183
Total net increase
(decrease)	$	11,752,083		288,148	$	-		-	$	(13,731,074	)		(339,283	)	$	(1,978,991	)		(51,135	)
Year ended March 31, 2011
Class A	$	4,005,760		101,815	$	515,723		12,591	$	(9,353,275	)		(240,458	)	$	(4,831,792	)		(126,052	)
Class B		18,399		474		4,257		105		(277,341	)		(7,251	)		(254,685	)		(6,672	)
Class C		282,731		7,409		17,831		445		(623,657	)		(16,547	)		(323,095	)		(8,693	)
Class F-1		2,440,819		63,452		109,283		2,682		(3,157,395	)		(81,743	)		(607,293	)		(15,609	)
Class F-2		2,585,449		65,531		58,528		1,430		(1,018,855	)		(26,020	)		1,625,122			40,941
Class 529-A		141,835		3,629		12,693		312		(90,645	)		(2,347	)		63,883			1,594
Class 529-B		2,040		53		415		10		(22,876	)		(603	)		(20,421	)		(540	)
Class 529-C		50,481		1,318		2,290		58		(42,195	)		(1,123	)		10,576			253
Class 529-E		7,843		202		580		14		(5,079	)		(132	)		3,344			84
Class 529-F-1		15,949		405		1,031		26		(9,107	)		(232	)		7,873			199
Class R-1		89,610		2,384		2,399		60		(71,226	)		(1,922	)		20,783			522
Class R-2		349,781		9,185		9,275		233		(437,886	)		(11,578	)		(78,830	)		(2,160	)
Class R-3		2,006,663		52,221		84,751		2,106		(2,144,430	)		(56,436	)		(53,016	)		(2,109	)
Class R-4		4,113,590		106,364		177,506		4,407		(3,002,724	)		(78,378	)		1,288,372			32,393
Class R-5		3,883,229		99,542		266,087		6,504		(5,872,150	)		(151,830	)		(1,722,834	)		(45,784	)
Class R-6		6,296,062		160,431		196,630		4,801		(1,606,205	)		(40,991	)		4,886,487			124,241
Total net increase
(decrease)	$	26,290,241		674,415	$	1,459,279		35,784	$	(27,735,046	)		(717,591	)	$	14,474			(7,392	)
(*)Includes exchanges between share classes of the fund.

8.   Investment transactions

The fund made purchases and sales of investment securities, excluding short-term securities and U.S. government obligations, if any, of $11,422,930,000 and $14,502,985,000, respectively, during the six months ended September 30, 2011.

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 currency 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 settlement 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, 2011, the fund had open forward currency contracts to sell currencies, as shown in 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 appreciation at
	Settlement date	Counterparty	Receive		Deliver		9/30/2011
Sales:
Australian dollars	10/27/2011	UBS AG	$	108,028	$	A112,000	$	311
Euros	10/11/2011	JPMorgan Chase	$	91,491	€	65,000		4,416
Euros	10/13/2011	HSBC Bank	$	232,560	€	170,000		4,829
Euros	10/14/2011	Citibank	$	239,374	€	175,000		4,946
Euros	10/26/2011	UBS AG	$	239,225	€	175,000		4,817
Euros	10/26/2011	JPMorgan Chase	$	239,132	€	175,000		4,724
Euros	11/3/2011	Citibank	$	75,761	€	55,900		887
Swiss francs	10/21/2011	UBS AG	$	80,974	CHF71,500			2,059
							$	26,989

Financial highlights(1)

				(Loss) income from investment operations(2)									Dividends and distributions
		Net asset value, beginning of period		Net investment income			Net (losses) gains 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 9/30/2011(5)	$	42.81	$	.49		$	(9.10	)	$	(8.61	)	$	-		$	-		$	-		$	34.20		(20.11	)%	$	29,152		.82	%(6)		.82	%(6)		2.40	%(6)
	Year ended 3/31/2011		38.62		.54			4.22			4.76			(.57	)		-			(.57	)		42.81		12.39			39,417		.82			.82			1.39
	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
Class B:	Six months ended 9/30/2011(5)		42.39		.34			(8.99	)		(8.65	)		-			-			-			33.74		(20.41	)		499		1.57(6)			1.57(6)			1.69(6)
	Year ended 3/31/2011		38.21		.26			4.15			4.41			(.23	)		-			(.23	)		42.39		11.57			741		1.57			1.57			.69
	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
Class C:	Six months ended 9/30/2011(5)		41.76		.32			(8.85	)		(8.53	)		-			-			-			33.23		(20.43	)		2,067		1.61(6)			1.61(6)			1.62(6)
	Year ended 3/31/2011		37.70		.23			4.10			4.33			(.27	)		-			(.27	)		41.76		11.51			2,851		1.61			1.61			.60
	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
Class F-1:	Six months ended 9/30/2011(5)		42.59		.48			(9.05	)		(8.57	)		-			-			-			34.02		(20.12	)		6,874		.86(6)			.86(6)			2.35(6)
	Year ended 3/31/2011		38.43		.52			4.20			4.72			(.56	)		-			(.56	)		42.59		12.36			8,868		.85			.85			1.35
	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
Class F-2:	Six months ended 9/30/2011(5)		42.80		.53			(9.10	)		(8.57	)		-			-			-			34.23		(20.03	)		5,233		.58(6)			.58(6)			2.58(6)
	Year ended 3/31/2011		38.62		.61			4.25			4.86			(.68	)		-			(.68	)		42.80		12.65			6,216		.59			.59			1.54
	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 9/30/2011(5)		42.45		.47			(9.02	)		(8.55	)		-			-			-			33.90		(20.14	)		795		.88(6)			.88(6)			2.31(6)
	Year ended 3/31/2011		38.31		.51			4.20			4.71			(.57	)		-			(.57	)		42.45		12.36			982		.87			.87			1.31
	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
Class 529-B:	Six months ended 9/30/2011(5)		41.77		.31			(8.85	)		(8.54	)		-			-			-			33.23		(20.44	)		54		1.69(6)			1.69(6)			1.56(6)
	Year ended 3/31/2011		37.68		.21			4.09			4.30			(.21	)		-			(.21	)		41.77		11.43			79		1.68			1.68			.56
	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
Class 529-C:	Six months ended 9/30/2011(5)		41.60		.30			(8.81	)		(8.51	)		-			-			-			33.09		(20.46	)		282		1.68(6)			1.68(6)			1.52(6)
	Year ended 3/31/2011		37.58		.20			4.09			4.29			(.27	)		-			(.27	)		41.60		11.46			356		1.67			1.67			.52
	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
Class 529-E:	Six months ended 9/30/2011(5)	$	42.11	$	.41		$	(8.94	)	$	(8.53	)	$	-		$	-		$	-		$	33.58		(20.26	)%	$	44		1.16	%(6)		1.16	%(6)		2.03	%(6)
	Year ended 3/31/2011		38.02		.39			4.16			4.55			(.46	)		-			(.46	)		42.11		12.03			55		1.16			1.16			1.02
	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
Class 529-F-1:	Six months ended 9/30/2011(5)		42.45		.51			(9.02	)		(8.51	)		-			-			-			33.94		(20.03	)		56		.67(6)			.67(6)			2.52(6)
	Year ended 3/31/2011		38.30		.58			4.22			4.80			(.65	)		-			(.65	)		42.45		12.58			71		.66			.66			1.50
	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
Class R-1:	Six months ended 9/30/2011(5)		41.34		.31			(8.75	)		(8.44	)		-			-			-			32.90		(20.44	)		259		1.61(6)			1.61(6)			1.59(6)
	Year ended 3/31/2011		37.36		.21			4.08			4.29			(.31	)		-			(.31	)		41.34		11.52			330		1.62			1.62			.57
	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
Class R-2:	Six months ended 9/30/2011(5)		41.60		.32			(8.82	)		(8.50	)		-			-			-			33.10		(20.43	)		1,013		1.61(6)			1.61(6)			1.61(6)
	Year ended 3/31/2011		37.56		.23			4.09			4.32			(.28	)		-			(.28	)		41.60		11.54			1,353		1.61			1.61			.60
	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
Class R-3:	Six months ended 9/30/2011(5)		42.01		.42			(8.92	)		(8.50	)		-			-			-			33.51		(20.23	)		6,150		1.14(6)			1.14(6)			2.06(6)
	Year ended 3/31/2011		37.93		.41			4.13			4.54			(.46	)		-			(.46	)		42.01		12.03			7,810		1.13			1.13			1.06
	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
Class R-4:	Six months ended 9/30/2011(5)		42.09		.48			(8.95	)		(8.47	)		-			-			-			33.62		(20.12	)		10,804		.85(6)			.85(6)			2.36(6)
	Year ended 3/31/2011		38.00		.51			4.16			4.67			(.58	)		-			(.58	)		42.09		12.35			13,775		.85			.85			1.32
	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
Class R-5:	Six months ended 9/30/2011(5)		42.78		.55			(9.10	)		(8.55	)		-			-			-			34.23		(19.99	)		12,601		.55(6)			.55(6)			2.66(6)
	Year ended 3/31/2011		38.59		.65			4.22			4.87			(.68	)		-			(.68	)		42.78		12.70			16,572		.55			.55			1.65
	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
Class R-6:	Six months ended 9/30/2011(5)		42.85		.54			(9.10	)		(8.56	)		-			-			-			34.29		(19.98	)		12,890		.50(6)			.50(6)			2.63(6)
	Year ended 3/31/2011		38.65		.63			4.28			4.91			(.71	)		-			(.71	)		42.85		12.78			13,786		.50			.50			1.61
	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
	2011(5)			2011			2010			2009			2008			2007
Portfolio turnover rate for all share classes		11	%		31	%		26	%		41	%		38	%		27	%

(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 six-month period (April 1, 2011, through September 30, 2011).

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 4/1/2011		Ending account value 9/30/2011		Expenses paid during period*		Annualized expense ratio
Class A -- actual return	$	1,000.00	$	798.88	$	3.69		.82	%
Class A -- assumed 5% return		1,000.00		1,020.90		4.14		.82
Class B -- actual return		1,000.00		795.93		7.05		1.57
Class B -- assumed 5% return		1,000.00		1,017.15		7.92		1.57
Class C -- actual return		1,000.00		795.73		7.23		1.61
Class C -- assumed 5% return		1,000.00		1,016.95		8.12		1.61
Class F-1 -- actual return		1,000.00		798.79		3.87		.86
Class F-1 -- assumed 5% return		1,000.00		1,020.70		4.34		.86
Class F-2 -- actual return		1,000.00		799.75		2.61		.58
Class F-2 -- assumed 5% return		1,000.00		1,022.10		2.93		.58
Class 529-A -- actual return		1,000.00		798.58		3.96		.88
Class 529-A -- assumed 5% return		1,000.00		1,020.60		4.45		.88
Class 529-B -- actual return		1,000.00		795.56		7.59		1.69
Class 529-B -- assumed 5% return		1,000.00		1,016.55		8.52		1.69
Class 529-C -- actual return		1,000.00		795.42		7.54		1.68
Class 529-C -- assumed 5% return		1,000.00		1,016.60		8.47		1.68
Class 529-E -- actual return		1,000.00		797.42		5.21		1.16
Class 529-E -- assumed 5% return		1,000.00		1,019.20		5.86		1.16
Class 529-F-1 -- actual return		1,000.00		799.73		3.01		.67
Class 529-F-1 -- assumed 5% return		1,000.00		1,021.65		3.39		.67
Class R-1 -- actual return		1,000.00		795.61		7.23		1.61
Class R-1 -- assumed 5% return		1,000.00		1,016.95		8.12		1.61
Class R-2 -- actual return		1,000.00		795.66		7.23		1.61
Class R-2 -- assumed 5% return		1,000.00		1,016.95		8.12		1.61
Class R-3 -- actual return		1,000.00		797.67		5.12		1.14
Class R-3 -- assumed 5% return		1,000.00		1,019.30		5.76		1.14
Class R-4 -- actual return		1,000.00		798.78		3.82		.85
Class R-4 -- assumed 5% return		1,000.00		1,020.75		4.29		.85
Class R-5 -- actual return		1,000.00		800.13		2.48		.55
Class R-5 -- assumed 5% return		1,000.00		1,022.25		2.78		.55
Class R-6 -- actual return		1,000.00		800.23		2.25		.50
Class R-6 -- assumed 5% return		1,000.00		1,022.50		2.53		.50
*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 366(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 prospectus and summary 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, 2011, 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 prospectus or summary prospectus, which gives details about charges, expenses, investment objectives and operating policies of the fund. If used as sales material after December 31, 2011, this report must be accompanied by an American Funds statistical update for the most recently completed calendar quarter.

   

The American Funds difference

Since 1931, American Funds has helped investors pursue long-term investment success. Our consistent approach — in combination with a proven system — has resulted in a superior long-term track record.

Consistent approach

We base our decisions on a long-term perspective because we believe it is the best way to achieve superior long-term investment results. Our portfolio counselors average 27 years of investment experience, including 22 years at our company, reflecting a career commitment to our long-term approach.

Proven system

Our system combines individual accountability with teamwork. Each fund is divided into portions that are managed by investment professionals with varied backgrounds, ages and investment styles. An extensive global research effort is the backbone of our system.

Superior long-term track record

Our equity funds have beaten their Lipper peer indexes in 89% of 10-year periods and 96% of 20-year periods. Our fixed-income funds have beaten their Lipper indexes in 65% of 10-year periods and 75% of 20-year periods.* Our fund management fees have consistently been among the lowest in the industry.†

*Based on Class A share results for periods through 12/31/10. Periods covered are the shorter of the fund’s lifetime or since the comparable Lipper index inception date.

†Based on management fees for the 20-year period ended 12/31/10 versus comparable Lipper categories, excluding funds of funds.

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 funds

American Balanced Fund®

American Funds Global Balanced FundSM

•Bond funds

American Funds Mortgage FundSM

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

American Funds Tax-Exempt Fund of New YorkSM

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 FundsCapital Research and ManagementCapital InternationalCapital GuardianCapital Bank and Trust

Lit. No. MFGESR-916-1111P

Litho in USA BG/RRD/8082-S28720

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, 2011

unaudited

Common stocks — 88.58%	Shares			Value (000)
FINANCIALS — 15.89%
Housing Development Finance Corp. Ltd.1		65,696,730		$	848,067
Prudential PLC1		87,373,984			747,850
Deutsche Bank AG1		15,426,338			537,484
HDFC Bank Ltd.1		54,845,000			517,078
ICICI Bank Ltd.1		26,710,942			469,726
Barclays PLC1		189,661,707			465,586
Agricultural Bank of China, Class H1		1,290,094,000			414,612
Fairfax Financial Holdings Ltd.		711,291			273,619
Fairfax Financial Holdings Ltd. (CAD denominated)		325,000			124,613
Société Générale1		14,450,242			378,618
Ping An Insurance (Group) Co. of China, Ltd., Class H1		66,110,000			369,524
PT Bank Central Asia Tbk1		407,000,000			350,698
Toronto-Dominion Bank		4,925,000			350,564
Hana Financial Holdings1		11,921,600			346,453
Banco Bradesco SA, preferred nominative		23,365,243			344,343
AXA SA1		26,511,996			344,235
AIA Group Ltd.1		118,192,400			334,530
Banco Bilbao Vizcaya Argentaria, SA1		39,204,326			319,441
Bank of Nova Scotia		6,420,000			322,991
Banco Santander, SA1		37,204,208			304,146
Bank of China Ltd., Class H1		977,853,600			298,369
Resona Holdings, Inc.1		61,839,900			292,793
Kotak Mahindra Bank Ltd.1		31,467,137			292,218
Industrial and Commercial Bank of China Ltd., Class H1		590,830,409			285,591
Sun Hung Kai Properties Ltd.1		24,199,000			274,175
UBS AG1,2		21,966,786			250,053
Sberbank of Russia (ADR)		20,648,375			177,576
Sberbank of Russia (ADR)1		6,900,000			60,187
Credit Suisse Group AG1		8,945,871			232,138
China Life Insurance Co. Ltd., Class H1		90,250,000			213,328
Erste Bank der oesterreichischen Sparkassen AG1		7,860,288			200,351
Ayala Land, Inc.1		601,283,600			198,934
Sampo Oyj, Class A1		7,528,722			188,563
Itaú Unibanco Holding SA, preferred nominative (ADR)		8,561,803			132,879
Itaú Unibanco Holding SA, preferred nominative		3,247,590			50,175
Siam Commercial Bank PCL1		54,300,200			182,920
Sino Land Co. Ltd.1		125,623,732			166,169
BNP Paribas SA1		4,057,508			160,606
DnB NOR ASA1		16,010,883			159,840
ING Groep NV, depository receipts1,2		21,970,000			154,625
DLF Ltd.1		35,157,675			153,943
Woori Finance Holdings Co., Ltd.1		16,584,000			136,106
Daito Trust Construction Co., Ltd.1		1,315,000			120,579
Brookfield Asset Management Inc.		4,345,000			119,705
Royal Bank of Canada		2,586,539			118,627
Lloyds Banking Group PLC1,2		214,929,895			113,969
China Taiping Insurance Holdings Co. Ltd.1,2		58,820,000			112,144
China Construction Bank Corp., Class H1		172,270,000			102,795
PT Bank Mandiri (Persero) Tbk, Series B1		138,912,075			97,009
Westfield Group1		12,965,000			95,990
HSBC Holdings PLC (Hong Kong)1		11,738,967			90,284
Türkiye Garanti Bankasi AS1		22,163,923			85,933
PartnerRe Holdings Ltd.		1,395,000			72,917
CITIC Securities Co. Ltd., Class H1,2		41,856,000			71,485
Banco Santander (Brasil) SA, units		7,946,600			57,986
Banco Santander (Brasil) SA, units (ADR)		1,554,600			11,380
Allianz SE1		626,500			58,954
China Pacific Insurance (Group) Co., Ltd., Class H1		16,953,000			48,833
Standard Chartered PLC1		2,295,000			45,807
Shinhan Financial Group Co., Ltd.1		1,131,270			39,561
State Bank of India1		985,000			38,214
QBE Insurance Group Ltd.1		2,785,000			34,171
Royal Bank of Scotland Group PLC1,2		90,730,000			32,481
Samsung Card Co., Ltd.1		844,250			29,218
Deutsche Börse AG1,2		493,000			24,756
Longfor Properties Co. Ltd.1		18,279,500			17,820
Svenska Handelsbanken AB, Class A1		550,000			13,982
Kerry Properties Ltd.1		4,420,730			13,903
Hongkong Land Holdings Ltd.1		2,511,000			11,117
					14,105,337
CONSUMER DISCRETIONARY— 10.78%
Honda Motor Co., Ltd.1		28,759,250			843,221
Daimler AG (EUR denominated)1		18,117,122			802,485
Daimler AG		250,000			11,087
Hyundai Motor Co.1		2,934,390			514,734
Hyundai Mobis Co., Ltd.1		1,792,000			508,934
Kia Motors Corp.1		7,729,160			461,996
Hero MotoCorp Ltd.1		9,975,363			393,330
Li & Fung Ltd.1		234,152,000			384,430
Industria de Diseño Textil, SA1		4,125,000			353,256
adidas AG1		5,658,000			341,383
Nikon Corp.1		14,304,200			336,116
Naspers Ltd., Class N1		7,350,000			318,159
H & M Hennes & Mauritz AB, Class B1		10,428,000			311,496
Toyota Motor Corp.1		9,083,300			310,507
Volkswagen AG, nonvoting preferred1		2,134,000			282,328
British Sky Broadcasting Group PLC1		26,790,000			275,045
Nissan Motor Co., Ltd.1		27,694,800			244,746
Yamada Denki Co., Ltd.1		3,442,150			240,323
Bayerische Motoren Werke AG1		3,309,000			219,255
Ctrip.com International, Ltd. (ADR)2		6,807,000			218,913
Tata Motors Ltd.1		69,545,458			216,340
Cie. Générale des Établissements Michelin, Class B1		3,506,615			209,410
Swatch Group Ltd, non-registered shares1		498,800			163,465
Swatch Group Ltd1		478,484			28,595
PT Astra International Tbk1		23,703,500			167,415
Burberry Group PLC1		8,922,000			161,501
LVMH Moët Hennessey-Louis Vuitton SA1		980,000			129,955
Shangri-La Asia Ltd.1		64,604,000			121,722
WPP PLC1		12,808,000			118,117
Renault SA1		2,793,065			92,576
JCDecaux SA1,2		3,528,700			87,530
Suzuki Motor Corp.1		3,946,333			86,810
Carnival PLC1		2,500,000			77,359
Peugeot SA1		3,596,743			76,525
Thomson Reuters Corp.		2,800,100			75,888
Sony Corp.1		2,400,000			46,059
Belle International Holdings Ltd.1		26,700,000			45,555
Porsche Automobil Holding SE, nonvoting preferred1		850,000			40,690
LG Electronics Inc.1		640,000			36,604
Fiat SpA1		6,700,000			36,210
Carphone Warehouse Group PLC1		6,865,000			35,884
Kingfisher PLC1		9,259,650			35,494
Dongfeng Motor Group Co., Ltd., Class H1		26,200,000			34,723
Techtronic Industries Co. Ltd.1		49,318,000			33,168
Marks and Spencer Group PLC1		6,700,000			32,571
Dixons Retail PLC1,2		43,448,571			7,711
Esprit Holdings Ltd.1		1,515,122			1,838
					9,571,459
CONSUMER STAPLES — 10.14%
Nestlé SA1		25,976,200			1,427,920
Anheuser-Busch InBev NV1		20,530,623			1,088,809
Anheuser-Busch InBev NV, VVPR STRIPS1,2		10,093,238			27
British American Tobacco PLC1		23,814,999			1,009,397
Danone SA1		8,502,168			523,234
Tesco PLC1		71,905,501			420,608
Pernod Ricard SA1		4,996,672			391,780
L’Oréal SA1		3,977,600			389,215
Associated British Foods PLC1		20,755,000			355,969
Unilever NV, depository receipts1		11,221,000			355,414
Shoprite Holdings Ltd.1		25,335,000			354,726
Hengan International Group Co. Ltd.1		42,143,500			334,492
Koninklijke Ahold NV1		24,513,000			288,228
SABMiller PLC1		7,886,000			256,311
Wilmar International Ltd.1		57,879,000			229,589
Asahi Group Holdings, Ltd.1		10,716,700			226,942
Wal-Mart de México, SAB de CV, Series V		65,671,436			151,341
Coca-Cola Amatil Ltd.1		12,428,216			142,201
Tingyi (Cayman Islands) Holding Corp.1		54,414,000			133,368
Diageo PLC1		5,500,000			104,642
China Resources Enterprise, Ltd.1		31,508,000			104,088
Coca-Cola Hellenic Bottling Co. SA1		5,700,000			100,828
Japan Tobacco Inc.1		20,100			93,776
China Yurun Food Group Ltd.1		88,145,000			93,378
Wesfarmers Ltd.1		3,052,650			92,244
Olam International Ltd.1		48,950,000			83,454
Olam International Ltd.1,3		3,441,089			5,867
OJSC Magnit (GDR)1		4,500,000			84,919
Woolworths Ltd.1		3,350,626			80,063
Unilever PLC1		2,526,750			79,152
					9,001,982
INFORMATION TECHNOLOGY — 9.71%
Samsung Electronics Co. Ltd.1		2,296,709			1,608,875
Samsung Electronics Co. Ltd., nonvoting preferred1		48,800			23,310
Canon, Inc.1		20,588,700			932,093
Taiwan Semiconductor Manufacturing Co. Ltd.1		380,843,136			862,899
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)		5,822,723			66,554
HTC Corp.1		36,492,840			801,713
ASML Holding NV1		18,181,126			631,761
Murata Manufacturing Co., Ltd.1		11,200,200			604,294
Tencent Holdings Ltd.1		19,585,000			401,738
SAP AG1		5,867,000			299,072
SAP AG (ADR)		1,380,000			69,856
Infineon Technologies AG1		49,795,000			366,713
HOYA Corp.1		10,860,000			250,275
Nokia Corp.1		40,800,000			231,108
Arm Holdings PLC1		24,885,000			212,990
Nintendo Co., Ltd.1		1,380,400			201,067
MediaTek Inc.1		15,402,625			167,820
NetEase.com, Inc. (ADR)2		4,194,900			160,077
Baidu, Inc., Class A (ADR)2		1,280,000			136,845
Hirose Electric Co., Ltd.1		1,242,300			115,445
ZTE Corp.1		31,460,000			87,393
Delta Electronics, Inc.1		33,497,563			78,402
Hon Hai Precision Industry Co., Ltd.1		32,999,120			73,665
Nippon Electric Glass Co., Ltd.1		6,750,000			61,156
Ibiden Co., Ltd.1		2,695,200			56,606
STMicroelectronics NV1		6,659,948			43,516
Keyence Corp.1		145,000			39,702
Rohm Co., Ltd.1		712,700			37,042
					8,621,987
HEALTH CARE — 9.66%
Novo Nordisk A/S, Class B1		22,139,400			2,200,923
Novartis AG1		33,256,725			1,856,043
Bayer AG1		18,850,082			1,035,925
Teva Pharmaceutical Industries Ltd. (ADR)		22,647,300			842,932
Roche Holding AG1		4,572,007			735,552
UCB SA1,4		11,918,602			507,521
CSL Ltd.1		12,729,329			363,097
Smith & Nephew PLC1		29,815,000			268,054
Shionogi & Co., Ltd.1		9,750,000			144,300
Sinopharm Group Co. Ltd., Class H1		53,840,000			141,566
Grifols, SA1,2		6,050,000			113,170
Terumo Corp.1		2,175,000			113,125
Sonova Holding AG1		1,032,909			93,208
Merck KGaA1		1,098,724			89,904
Essilor International1		1,002,000			72,211
					8,577,531
INDUSTRIALS — 8.36%
Schneider Electric SA1		12,570,156			676,759
Komatsu Ltd.1		22,789,600			492,123
Ryanair Holdings PLC (ADR)2		17,233,200			443,755
Siemens AG1		4,757,000			429,758
Atlas Copco AB, Class A1		13,569,000			239,691
Atlas Copco AB, Class B1		11,560,000			181,351
Capita Group PLC1,4		31,129,005			340,238
Adani Enterprises Ltd.1		21,074,630			222,043
Legrand SA1		6,482,000			202,076
Marubeni Corp.1		34,645,000			193,741
ASSA ABLOY AB, Class B1		8,878,000			182,770
Weir Group PLC1		7,465,000			178,863
Geberit AG1		960,000			176,482
AB Volvo, Class B1		18,000,000			175,981
European Aeronautic Defence and Space Co. EADS NV1		5,906,890			165,721
Experian PLC1		14,160,000			159,303
FANUC CORP.1		1,151,000			158,468
Meggitt PLC1		28,922,247			150,080
Kubota Corp.1		18,085,000			144,503
Vallourec SA1		2,379,000			136,355
Jardine Matheson Holdings Ltd.1		3,009,400			136,024
Noble Group Ltd.1		135,018,000			134,857
BAE Systems PLC1		31,741,703			130,862
KONE Oyj, Class B1		2,751,000			130,532
A.P. Moller-Maersk A/S, Class B1		22,111			130,149
Bureau Veritas SA1		1,807,181			129,967
Nidec Corp.1		1,415,000			113,829
Canadian National Railway Co.		1,630,000			108,931
Hutchison Port Holdings Trust1,3		163,573,000			108,218
SMC Corp.1		715,700			104,510
International Consolidated Airlines Group, SA (CDI) (GBP denominated)1,2		42,820,400			101,144
Vestas Wind Systems A/S1,2		6,176,677			100,157
Aggreko PLC1		3,786,843			95,637
ABB Ltd1		5,600,000			95,635
ITOCHU Corp.1		9,500,000			90,736
Alstom SA1		2,738,000			90,575
Nabtesco Corp.1		4,500,000			85,265
Beijing Enterprises Holdings Ltd.1		17,000,000			84,853
Air France1,2		8,160,720			59,690
SGS SA1		38,834			58,894
Wolseley PLC1		2,037,000			50,707
Fiat Industrial SpA1,2		6,700,000			49,958
Brambles Ltd.1		7,721,872			47,640
China Merchants Holdings (International) Co., Ltd.1		14,507,549			38,962
Kühne + Nagel International AG1		330,000			36,913
Qantas Airways Ltd.1,2		24,000,000			32,133
Daikin Industries, Ltd.1		795,000			22,742
					7,419,581
TELECOMMUNICATION SERVICES — 7.76%
América Móvil, SAB de CV, Series L (ADR)		84,432,402			1,864,268
América Móvil, SAB de CV, Series L		140,040,000			154,596
SOFTBANK CORP.1		49,426,900			1,446,869
MTN Group Ltd.1		36,324,200			594,296
Koninklijke KPN NV1		34,782,000			457,889
Vodafone Group PLC1		139,344,919			359,837
Telefónica, SA1		17,166,000			329,095
China Telecom Corp. Ltd., Class H1		435,672,000			271,857
TeliaSonera AB1		38,435,700			253,619
OJSC Mobile TeleSystems (ADR)		19,442,000			239,137
Portugal Telecom, SGPS, SA1		26,045,000			189,914
Bharti Airtel Ltd.1		19,740,000			150,002
Teléfonos de México, SAB de CV, Class L (ADR)		9,701,700			145,041
Axiata Group Bhd.1		69,481,000			99,308
Millicom International Cellular SA (SDR)1		940,000			94,139
Telekomunikacja Polska SA1		15,001,227			78,147
Iliad SA1		657,500			73,579
Turkcell Iletisim Hizmetleri AS1,2		12,655,000			57,394
TalkTalk Telecom Group PLC1		12,230,000			24,031
Tele Norte Leste Participações SA, ordinary nominative		427,200			4,680
					6,887,698
MATERIALS — 6.37%
Syngenta AG1		2,074,315			537,371
Linde AG1		3,095,500			412,855
Potash Corp. of Saskatchewan Inc.		8,915,000			385,306
Nitto Denko Corp.1,4		8,701,300			342,772
Holcim Ltd1		6,474,544			342,291
Impala Platinum Holdings Ltd.1		12,805,488			259,574
POSCO1		775,000			238,275
ArcelorMittal1		14,173,136			226,360
BASF SE1		3,610,000			219,037
PT Semen Gresik (Persero) Tbk1		216,182,000			202,245
Amcor Ltd.1		28,272,168			186,036
Shin-Etsu Chemical Co., Ltd.1		3,610,000			177,001
Orica Ltd.1		7,554,721			169,221
K+S AG1		3,123,000			164,201
UltraTech Cement Ltd.1		6,714,283			155,805
CRH PLC1		9,152,320			141,163
Anhui Conch Cement Co. Ltd., Class H1		50,775,000			138,054
L’Air Liquide SA, non-registered shares1		1,055,066			123,376
First Quantum Minerals Ltd.		8,490,500			113,028
JFE Holdings, Inc.1		5,164,000			104,136
Chr. Hansen Holding A/S1		4,550,000			94,375
Vale SA, ordinary nominative (ADR)		4,000,000			91,200
Svenska Cellulosa AB SCA, Class B1		7,306,260			88,833
BHP Billiton PLC1		3,000,000			79,494
Akzo Nobel NV1		1,790,000			79,132
Xstrata PLC1		6,308,000			79,111
Jindal Steel & Power Ltd.1		6,900,000			70,119
Koninklijke DSM NV1		1,515,979			65,909
Rio Tinto PLC1		1,200,000			52,998
Grasim Industries Ltd.1		1,035,000			49,333
Barrick Gold Corp.		1,050,000			48,983
Titan Cement Co. SA1		3,521,000			47,492
Formosa Chemicals & Fibre Corp.1		17,970,000			46,307
Israel Chemicals Ltd.1		3,325,000			37,932
Givaudan SA1		45,332			35,414
Vedanta Resources PLC1		2,065,497			35,173
CEMEX, SAB de CV, ordinary participation certificates, units (ADR)2		5,104,639			16,131
					5,656,043
ENERGY — 6.12%
BP PLC1		123,652,164			741,654
Royal Dutch Shell PLC, Class B1		12,965,000			402,690
Royal Dutch Shell PLC, Class A1		3,195,000			99,201
Royal Dutch Shell PLC, Class B (ADR)		1,292,999			80,231
Royal Dutch Shell PLC, Class A (ADR)		1,000,000			61,520
Canadian Natural Resources, Ltd.		17,722,600			520,397
INPEX CORP.1		67,300			414,730
Nexen Inc.		17,097,800			264,845
Nexen Inc. (CAD denominated)		6,258,534			97,351
OAO Gazprom (ADR)1		31,473,000			301,054
TOTAL SA1		6,518,000			287,383
Saipem SpA, Class S1		6,731,566			236,028
Crescent Point Energy Corp.		6,205,000			233,598
Cenovus Energy Inc.		6,517,498			200,706
China National Offshore Oil Corp.1		109,789,100			176,387
Cairn India Ltd.1,2		31,450,000			171,678
Petróleo Brasileiro SA – Petrobras, ordinary nominative (ADR)		7,614,000			170,934
Coal India Ltd.1		18,935,699			127,752
Eni SpA1		6,927,000			121,710
Reliance Industries Ltd.1		6,455,000			105,147
Oil Search Ltd.1		19,000,000			102,539
Essar Energy PLC1,2		24,995,900			96,891
BG Group PLC1		3,950,000			75,217
Suncor Energy Inc.		2,944,000			75,180
Subsea 7 SA1,2		3,910,000			74,336
SeaDrill Ltd.1		2,422,459			67,086
Woodside Petroleum Ltd.1		2,107,964			65,258
China Shenhua Energy Co. Ltd., Class H1		9,210,000			36,145
Tenaris SA (ADR)		1,040,000			26,468
					5,434,116
UTILITIES — 1.95%
Power Assets Holdings Ltd.1		43,010,000			327,200
National Grid PLC1		28,990,000			287,438
Power Grid Corp. of India Ltd.1		144,130,336			286,677
Hong Kong and China Gas Co. Ltd.1		107,928,672			242,998
GDF SUEZ1		8,132,006			242,930
International Power PLC1		33,583,000			159,089
E.ON AG1		3,000,000			65,427
CEZ, a s1		1,112,000			42,851
Scottish and Southern Energy PLC1		2,125,000			42,497
SUEZ Environnement Co.1		2,291,409			31,937
					1,729,044
MISCELLANEOUS — 1.84%
Other common stocks in initial period of acquisition					1,630,994
Total common stocks (cost: $70,795,007,000)					78,635,772
	Principal amount
Bonds & notes — 0.11%		(000	)
BONDS & NOTES OF U.S. GOVERNMENT AGENCY — 0.11%
Freddie Mac 1.25% 2012	$	100,000			100,635
Total bonds & notes (cost: $100,601,000)					100,635
Short-term securities — 11.29%
Freddie Mac 0.09%–0.21% due 10/19/2011–8/8/2012		2,907,930			2,906,964
Fannie Mae 0.08%–0.23% due 10/20/2011–8/2/2012		2,478,624			2,477,895
Federal Home Loan Bank 0.09%–0.32% due 10/26/2011–8/22/2012		1,282,900			1,282,219
U.S. Treasury Bills 0.144%–0.225% due 11/17/2011–6/28/2012		681,100			680,955
Federal Farm Credit Banks 0.06%–0.329% due 11/23/2011–7/31/2012		270,000			269,892
BNZ International Funding Ltd. 0.32%–0.33% due 12/1–12/7/20113		169,900			169,818
National Australia Funding (Delaware) Inc. 0.165%–0.23% due 10/4–12/6/20113		94,900			94,895
Nordea North America, Inc. 0.11%–0.20% due 10/5–11/29/2011		219,700			219,651
International Bank for Reconstruction and Development 0.06%–0.09% due 10/3–11/8/2011		146,800			146,796
Bank of Nova Scotia 0.145%–0.17% due 10/3–11/29/2011		124,300			124,279
Scotiabank Inc. 0.065% due 10/24/20113		14,000			13,999
Coca-Cola Co. 0.10%–0.19% due 10/3–10/24/20113		125,000			124,997
Old Line Funding, LLC 0.17%–0.20% due 10/20–11/10/20113		115,864			115,851
Thunder Bay Funding, LLC 0.17% due 10/11/20113		7,400			7,399
General Electric Capital Corp. 0.17% due 10/18/2011		75,000			74,994
General Electric Capital Services, Inc. 0.16% due 10/17/2011		45,200			45,197
Toronto-Dominion Holdings USA Inc. 0.17%–0.18% due 10/25–11/28/20113		120,200			120,184
Nestlé Finance International Ltd. 0.10%–0.12% due 10/19/2011		110,900			110,895
Nestlé Capital Corp. 0.11% due 11/29/20113		4,700			4,699
Kells Funding, LLC 0.30%–0.31% due 11/16–11/28/20113		112,500			112,462
Barclays U.S. Funding Corp. 0.07%–0.14% due 10/3–10/21/2011		100,000			99,994
Straight-A Funding LLC 0.16% due 11/18/20113		100,000			99,976
Deutsche Bank Financial LLC 0.20%–0.28% due 10/5–10/19/2011		80,000			79,995
Toyota Motor Credit Corp. 0.17%–0.18% due 11/28–12/1/2011		78,900			78,881
Total Capital Canada Ltd. 0.077% due 10/21/20113		75,000			74,996
Variable Funding Capital Company LLC 0.17% due 10/25/20113		75,000			74,988
KfW 0.10%–0.18% due 10/21–12/22/20113		73,500			73,492
Rabobank USA Financial Corp. 0.31% due 10/6/2011		72,500			72,499
Standard Chartered Bank 0.23% due 10/25/20113		50,000			49,992
Credit Suisse New York Branch 0.28% due 11/10/2011		44,800			44,786
Caisse d’Amortissement de la Dette Sociale 0.25% due 10/12/20113		43,100			43,099
Novartis Securities Investment Ltd. 0.13%–0.18% due 11/14–11/15/20113		37,650			37,638
Commonwealth Bank of Australia 0.25% due 12/7/20113		28,500			28,487
Svenska Handelsbanken Inc. 0.10% due 10/18/20113		20,000			19,999
IBM Corp. 0.05% due 10/18/20113		15,000			15,000
Honeywell International Inc. 0.14% due 12/27/20113		11,600			11,596
Procter & Gamble Co. 0.14% due 12/16/20113		8,400			8,398
Total short-term securities (cost: $10,014,766,000)					10,017,857
Total investment securities (cost: $80,910,374,000)					88,754,264
Other assets less liabilities					18,401
Net assets				$	88,772,665

As permitted by U.S. Securities and Exchange Commission regulations, “Miscellaneous” securities include holdings in their first year 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 $69,206,434,000, which represented 77.96% of the net assets of the fund. This amount includes $69,097,017,000 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.

2Security did not produce income during the last 12 months.

3Acquired 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 $1,416,050,000, which represented 1.60% of the net assets of the fund.

4Represents an affiliated company as defined under the Investment Company Act of 1940.

Key to abbreviations
ADR = American Depositary Receipts	CAD = Canadian dollars
CDI = CREST Depository Interest	EUR = Euros
GDR = Global Depositary Receipts	GBP = British pounds
SDR = Swedish Depositary Receipts

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

Investors should carefully consider the investment objectives, risks, charges and expenses of the American Funds. This and other important information is contained in the fund’s prospectus and summary 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.

MFGEFP-916-1111O-S29409

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 consider shareholder suggestions of persons to be considered as nominees to fill future vacancies on the board. Such suggestions must be sent in writing to the nominating and governance committee of the Registrant, c/o the Registrant’s Secretary, and must be accompanied by complete biographical and occupational data on the prospective nominee, along with a written consent of the prospective nominee for consideration of his or her name by the nominating and governance committee.

ITEM 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, 2011

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, 2011

By /s/ Brian C. Janssen

Brian C. Janssen, Treasurer and

Principal Financial Officer

Date: November 30, 2011