![](https://capedge.com/proxy/NPORT-P/0001145549-21-070763/imgfd87c8bc1.jpg)
American Funds Insurance Series® - Target Date Series
American Funds IS 2035 Target Date Fund
Investment portfolio
September 30, 2021
unaudited
Growth funds 33.58% | Shares | Value (000) | |
AMCAP Fund, Class R-6 | 211 | $9 | |
The Growth Fund of America, Class R-6 | 123 | 9 | |
New Perspective Fund, Class R-6 | 117 | 8 | |
SMALLCAP World Fund, Inc., Class R-6 | 81 | 8 | |
American Funds Global Insight Fund, Class R-6 | 252 | 5 | |
The New Economy Fund, Class R-6 | 59 | 4 | |
New World Fund, Inc., Class R-6 | 20 | 2 | |
Total growth funds (cost: $39,000) | 45 | ||
Growth-and-income funds 32.09% | |||
American Mutual Fund, Class R-6 | 188 | 9 | |
Capital World Growth and Income Fund, Class R-6 | 146 | 9 | |
Fundamental Investors, Class R-6 | 120 | 9 | |
Washington Mutual Investors Fund, Class R-6 | 137 | 8 | |
The Investment Company of America, Class R-6 | 109 | 5 | |
International Growth and Income Fund, Class R-6 | 64 | 3 | |
Total growth-and-income funds (cost: $38,000) | 43 | ||
Equity-income funds 7.46% | |||
Capital Income Builder, Class R-6 | 65 | 5 | |
The Income Fund of America, Class R-6 | 209 | 5 | |
Total equity-income funds (cost: $9,000) | 10 | ||
Balanced funds 11.94% | |||
American Balanced Fund, Class R-6 | 332 | 10 | |
American Funds Global Balanced Fund, Class R-6 | 172 | 6 | |
Total balanced funds (cost: $16,000) | 16 | ||
Fixed income funds 14.93% | |||
U.S. Government Securities Fund, Class R-6 | 737 | 10 | |
American Funds Inflation Linked Bond Fund, Class R-6 | 317 | 4 | |
American Funds Mortgage Fund, Class R-6 | 198 | 2 | |
Capital World Bond Fund, Class R-6 | 97 | 2 | |
Intermediate Bond Fund of America, Class R-6 | 116 | 2 | |
Total fixed income funds (cost: $20,000) | 20 | ||
Total investment securities 100.00% (cost: $122,000) | 134 | ||
Other assets less liabilities 0.00%1 | —2 | ||
Net assets 100.00% | $134 |
American Funds Insurance Series — Target Date Series — American Funds IS 2035 Target Date Fund — Page 1 of 13
unaudited
Investments in affiliates3
Value of affiliates at 1/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 9/30/2021 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 33.58% | ||||||||
AMCAP Fund, Class R-6 | $7 | $2 | $1 | $—2 | $1 | $9 | $— | $—2 |
The Growth Fund of America, Class R-6 | 7 | 2 | 1 | —2 | 1 | 9 | — | — |
New Perspective Fund, Class R-6 | 8 | —2 | 1 | —2 | 1 | 8 | — | — |
SMALLCAP World Fund, Inc., Class R-6 | 6 | 1 | —2 | —2 | 1 | 8 | — | — |
American Funds Global Insight Fund, Class R-6 | — | 5 | — | — | —2 | 5 | — | — |
The New Economy Fund, Class R-6 | 3 | 1 | —2 | —2 | —2 | 4 | — | — |
New World Fund, Inc., Class R-6 | 3 | — | 1 | —2 | —2 | 2 | — | — |
EuroPacific Growth Fund, Class R-6 | 5 | —2 | 5 | 1 | (1) | — | — | — |
45 | ||||||||
Growth-and-income funds 32.09% | ||||||||
American Mutual Fund, Class R-6 | 7 | 2 | 1 | —2 | 1 | 9 | —2 | — |
Capital World Growth and Income Fund, Class R-6 | 6 | 3 | —2 | —2 | —2 | 9 | —2 | — |
Fundamental Investors, Class R-6 | 7 | 2 | 1 | —2 | 1 | 9 | —2 | —2 |
Washington Mutual Investors Fund, Class R-6 | 10 | 1 | 4 | —2 | 1 | 8 | —2 | —2 |
The Investment Company of America, Class R-6 | 8 | —2 | 4 | —2 | 1 | 5 | —2 | —2 |
International Growth and Income Fund, Class R-6 | 4 | —2 | 1 | —2 | —2 | 3 | —2 | — |
43 | ||||||||
Equity-income funds 7.46% | ||||||||
Capital Income Builder, Class R-6 | 5 | 1 | 1 | —2 | —2 | 5 | —2 | — |
The Income Fund of America, Class R-6 | 5 | 1 | 1 | —2 | —2 | 5 | —2 | — |
10 | ||||||||
Balanced funds 11.94% | ||||||||
American Balanced Fund, Class R-6 | 7 | 3 | 1 | —2 | 1 | 10 | —2 | —2 |
American Funds Global Balanced Fund, Class R-6 | 7 | —2 | 1 | —2 | —2 | 6 | —2 | — |
16 | ||||||||
Fixed income funds 14.93% | ||||||||
U.S. Government Securities Fund, Class R-6 | 9 | 1 | —2 | —2 | —2 | 10 | —2 | — |
American Funds Inflation Linked Bond Fund, Class R-6 | 3 | 1 | —2 | —2 | —2 | 4 | — | — |
American Funds Mortgage Fund, Class R-6 | 1 | 1 | —2 | —2 | —2 | 2 | —2 | — |
Capital World Bond Fund, Class R-6 | 1 | 1 | —2 | —2 | —2 | 2 | —2 | —2 |
Intermediate Bond Fund of America, Class R-6 | 1 | 1 | —2 | —2 | —2 | 2 | —2 | — |
20 | ||||||||
Total 100.00% | $1 | $8 | $134 | $—2 | $—2 |
1 | Amount less than .01%. |
2 | Amount less than one thousand. |
3 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Insurance Series — Target Date Series — American Funds IS 2035 Target Date Fund — Page 2 of 13
American Funds IS 2030 Target Date Fund
Investment portfolio
September 30, 2021
unaudited
Growth funds 20.89% | Shares | Value (000) | |
AMCAP Fund, Class R-6 | 487 | $21 | |
The Growth Fund of America, Class R-6 | 251 | 19 | |
American Funds Global Insight Fund, Class R-6 | 626 | 13 | |
SMALLCAP World Fund, Inc., Class R-6 | 130 | 12 | |
New Perspective Fund, Class R-6 | 142 | 10 | |
Total growth funds (cost: $70,000) | 75 | ||
Growth-and-income funds 29.53% | |||
American Mutual Fund, Class R-6 | 502 | 25 | |
Capital World Growth and Income Fund, Class R-6 | 396 | 25 | |
Fundamental Investors, Class R-6 | 235 | 18 | |
Washington Mutual Investors Fund, Class R-6 | 322 | 18 | |
The Investment Company of America, Class R-6 | 261 | 13 | |
International Growth and Income Fund, Class R-6 | 180 | 7 | |
Total growth-and-income funds (cost: $99,000) | 106 | ||
Equity-income funds 8.08% | |||
Capital Income Builder, Class R-6 | 215 | 15 | |
The Income Fund of America, Class R-6 | 564 | 14 | |
Total equity-income funds (cost: $27,000) | 29 | ||
Balanced funds 12.81% | |||
American Balanced Fund, Class R-6 | 885 | 28 | |
American Funds Global Balanced Fund, Class R-6 | 461 | 18 | |
Total balanced funds (cost: $45,000) | 46 | ||
Fixed income funds 28.69% | |||
U.S. Government Securities Fund, Class R-6 | 1,699 | 24 | |
Intermediate Bond Fund of America, Class R-6 | 1,505 | 21 | |
American Funds Mortgage Fund, Class R-6 | 1,773 | 18 | |
Capital World Bond Fund, Class R-6 | 889 | 18 | |
American Funds Inflation Linked Bond Fund, Class R-6 | 1,399 | 16 | |
The Bond Fund of America, Class R-6 | 469 | 6 | |
Total fixed income funds (cost: $104,000) | 103 | ||
Total investment securities 100.00% (cost: $345,000) | 359 | ||
Other assets less liabilities 0.00%1 | —2 | ||
Net assets 100.00% | $359 |
American Funds Insurance Series — Target Date Series — American Funds IS 2030 Target Date Fund — Page 3 of 13
unaudited
Investments in affiliates3
Value of affiliates at 1/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 9/30/2021 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 20.89% | ||||||||
AMCAP Fund, Class R-6 | $7 | $15 | $2 | $—2 | $1 | $21 | $— | $1 |
The Growth Fund of America, Class R-6 | 6 | 13 | 1 | —2 | 1 | 19 | — | — |
American Funds Global Insight Fund, Class R-6 | — | 14 | 1 | —2 | —2 | 13 | — | — |
SMALLCAP World Fund, Inc., Class R-6 | 4 | 8 | 1 | —2 | 1 | 12 | — | — |
New Perspective Fund, Class R-6 | 9 | 7 | 7 | —2 | 1 | 10 | — | — |
EuroPacific Growth Fund, Class R-6 | 5 | 2 | 8 | 1 | —2 | — | — | — |
New World Fund, Inc., Class R-6 | 1 | 1 | 2 | —2 | —2 | — | — | — |
75 | ||||||||
Growth-and-income funds 29.53% | ||||||||
American Mutual Fund, Class R-6 | 10 | 16 | 2 | —2 | 1 | 25 | —2 | — |
Capital World Growth and Income Fund, Class R-6 | 9 | 17 | 2 | —2 | 1 | 25 | —2 | — |
Fundamental Investors, Class R-6 | 10 | 10 | 3 | —2 | 1 | 18 | —2 | —2 |
Washington Mutual Investors Fund, Class R-6 | 13 | 12 | 9 | 1 | 1 | 18 | —2 | —2 |
The Investment Company of America, Class R-6 | 12 | 9 | 10 | 1 | 1 | 13 | —2 | —2 |
International Growth and Income Fund, Class R-6 | 5 | 5 | 3 | —2 | —2 | 7 | —2 | — |
106 | ||||||||
Equity-income funds 8.08% | ||||||||
Capital Income Builder, Class R-6 | 7 | 8 | 1 | —2 | 1 | 15 | —2 | — |
The Income Fund of America, Class R-6 | 7 | 7 | 1 | —2 | 1 | 14 | —2 | — |
29 | ||||||||
Balanced funds 12.81% | ||||||||
American Balanced Fund, Class R-6 | 10 | 19 | 2 | —2 | 1 | 28 | —2 | —2 |
American Funds Global Balanced Fund, Class R-6 | 10 | 11 | 3 | —2 | —2 | 18 | —2 | — |
46 | ||||||||
Fixed income funds 28.69% | ||||||||
U.S. Government Securities Fund, Class R-6 | 11 | 14 | 1 | —2 | —2 | 24 | —2 | — |
Intermediate Bond Fund of America, Class R-6 | 8 | 14 | 1 | —2 | —2 | 21 | —2 | — |
American Funds Mortgage Fund, Class R-6 | 8 | 11 | 1 | —2 | —2 | 18 | —2 | — |
Capital World Bond Fund, Class R-6 | 8 | 12 | 1 | —2 | (1) | 18 | —2 | —2 |
American Funds Inflation Linked Bond Fund, Class R-6 | 7 | 9 | 1 | —2 | 1 | 16 | — | — |
The Bond Fund of America, Class R-6 | 2 | 5 | 1 | —2 | —2 | 6 | —2 | —2 |
103 | ||||||||
Total 100.00% | $3 | $12 | $359 | $—2 | $1 |
1 | Amount less than .01%. |
2 | Amount less than one thousand. |
3 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
American Funds Insurance Series — Target Date Series — American Funds IS 2030 Target Date Fund — Page 4 of 13
American Funds IS 2025 Target Date Fund
Investment portfolio
September 30, 2021
unaudited
Growth funds 13.06% | Shares | Value (000) | |
AMCAP Fund, Class R-6 | 1,229 | $54 | |
American Funds Global Insight Fund, Class R-6 | 1,575 | 33 | |
The Growth Fund of America, Class R-6 | 378 | 29 | |
New Perspective Fund, Class R-6 | 215 | 14 | |
SMALLCAP World Fund, Inc., Class R-6 | 158 | 14 | |
Total growth funds (cost: $132,000) | 144 | ||
Growth-and-income funds 25.75% | |||
Capital World Growth and Income Fund, Class R-6 | 1,152 | 73 | |
American Mutual Fund, Class R-6 | 1,458 | 72 | |
Washington Mutual Investors Fund, Class R-6 | 987 | 55 | |
Fundamental Investors, Class R-6 | 437 | 33 | |
The Investment Company of America, Class R-6 | 663 | 33 | |
International Growth and Income Fund, Class R-6 | 453 | 18 | |
Total growth-and-income funds (cost: $257,000) | 284 | ||
Equity-income funds 9.70% | |||
The Income Fund of America, Class R-6 | 2,345 | 59 | |
Capital Income Builder, Class R-6 | 715 | 48 | |
Total equity-income funds (cost: $101,000) | 107 | ||
Balanced funds 12.69% | |||
American Balanced Fund, Class R-6 | 2,715 | 88 | |
American Funds Global Balanced Fund, Class R-6 | 1,324 | 52 | |
Total balanced funds (cost: $133,000) | 140 | ||
Fixed income funds 38.89% | |||
Intermediate Bond Fund of America, Class R-6 | 7,263 | 101 | |
The Bond Fund of America, Class R-6 | 4,987 | 67 | |
American Funds Inflation Linked Bond Fund, Class R-6 | 5,651 | 63 | |
U.S. Government Securities Fund, Class R-6 | 4,443 | 63 | |
American Funds Mortgage Fund, Class R-6 | 5,843 | 60 | |
Capital World Bond Fund, Class R-6 | 2,710 | 55 | |
American High-Income Trust, Class R-6 | 1,882 | 20 | |
Total fixed income funds (cost: $433,000) | 429 | ||
Total investment securities 100.09% (cost: $1,056,000) | 1,104 | ||
Other assets less liabilities (0.09)% | (1) | ||
Net assets 100.00% | $1,103 |
American Funds Insurance Series — Target Date Series — American Funds IS 2025 Target Date Fund — Page 5 of 13
unaudited
Investments in affiliates1
Value of affiliates at 1/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 9/30/2021 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 13.06% | ||||||||
AMCAP Fund, Class R-6 | $19 | $36 | $3 | $—2 | $2 | $54 | $— | $1 |
American Funds Global Insight Fund, Class R-6 | — | 33 | —2 | —2 | —2 | 33 | — | — |
The Growth Fund of America, Class R-6 | 14 | 15 | 2 | —2 | 2 | 29 | — | — |
New Perspective Fund, Class R-6 | 23 | 4 | 15 | 3 | (1) | 14 | — | — |
SMALLCAP World Fund, Inc., Class R-6 | — | 15 | 1 | —2 | —2 | 14 | — | — |
EuroPacific Growth Fund, Class R-6 | 13 | — | 13 | 3 | (3) | — | — | — |
144 | ||||||||
Growth-and-income funds 25.75% | ||||||||
Capital World Growth and Income Fund, Class R-6 | 25 | 49 | 2 | —2 | 1 | 73 | 1 | — |
American Mutual Fund, Class R-6 | 32 | 41 | 4 | —2 | 3 | 72 | 1 | — |
Washington Mutual Investors Fund, Class R-6 | 31 | 26 | 4 | —2 | 2 | 55 | 1 | 1 |
Fundamental Investors, Class R-6 | 25 | 14 | 8 | 1 | 1 | 33 | —2 | 1 |
The Investment Company of America, Class R-6 | 31 | 13 | 14 | 2 | 1 | 33 | —2 | —2 |
International Growth and Income Fund, Class R-6 | 10 | 9 | 1 | —2 | —2 | 18 | —2 | — |
284 | ||||||||
Equity-income funds 9.70% | ||||||||
The Income Fund of America, Class R-6 | 26 | 33 | 1 | —2 | 1 | 59 | 1 | — |
Capital Income Builder, Class R-6 | 26 | 22 | 1 | —2 | 1 | 48 | 1 | — |
107 | ||||||||
Balanced funds 12.69% | ||||||||
American Balanced Fund, Class R-6 | 29 | 59 | 2 | —2 | 2 | 88 | 1 | —2 |
American Funds Global Balanced Fund, Class R-6 | 28 | 25 | 2 | —2 | 1 | 52 | 1 | — |
140 | ||||||||
Fixed income funds 38.89% | ||||||||
Intermediate Bond Fund of America, Class R-6 | 47 | 56 | 1 | —2 | (1) | 101 | 1 | — |
The Bond Fund of America, Class R-6 | 29 | 39 | —2 | —2 | (1) | 67 | 1 | —2 |
American Funds Inflation Linked Bond Fund, Class R-6 | 28 | 35 | 1 | —2 | 1 | 63 | — | — |
U.S. Government Securities Fund, Class R-6 | 30 | 34 | —2 | —2 | (1) | 63 | —2 | — |
American Funds Mortgage Fund, Class R-6 | 27 | 33 | —2 | —2 | —2 | 60 | —2 | — |
Capital World Bond Fund, Class R-6 | 26 | 31 | —2 | —2 | (2) | 55 | 1 | —2 |
American High-Income Trust, Class R-6 | 5 | 15 | —2 | —2 | —2 | 20 | —2 | — |
429 | ||||||||
Total 100.09% | $9 | $9 | $1,104 | $10 | $3 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
2 | Amount less than one thousand. |
American Funds Insurance Series — Target Date Series — American Funds IS 2025 Target Date Fund — Page 6 of 13
American Funds IS 2020 Target Date Fund
Investment portfolio
September 30, 2021
unaudited
Growth funds 4.88% | Shares | Value (000) | |
American Funds Global Insight Fund, Class R-6 | 3,205 | $67 | |
AMCAP Fund, Class R-6 | 1,313 | 58 | |
Total growth funds (cost: $122,000) | 125 | ||
Growth-and-income funds 23.09% | |||
American Mutual Fund, Class R-6 | 3,083 | 153 | |
Capital World Growth and Income Fund, Class R-6 | 2,251 | 143 | |
Washington Mutual Investors Fund, Class R-6 | 2,303 | 127 | |
Fundamental Investors, Class R-6 | 1,002 | 76 | |
The Investment Company of America, Class R-6 | 1,521 | 76 | |
International Growth and Income Fund, Class R-6 | 413 | 16 | |
Total growth-and-income funds (cost: $553,000) | 591 | ||
Equity-income funds 14.77% | |||
The Income Fund of America, Class R-6 | 9,507 | 241 | |
Capital Income Builder, Class R-6 | 2,052 | 137 | |
Total equity-income funds (cost: $361,000) | 378 | ||
Balanced funds 11.95% | |||
American Balanced Fund, Class R-6 | 6,289 | 204 | |
American Funds Global Balanced Fund, Class R-6 | 2,615 | 102 | |
Total balanced funds (cost: $300,000) | 306 | ||
Fixed income funds 45.39% | |||
Intermediate Bond Fund of America, Class R-6 | 16,857 | 233 | |
The Bond Fund of America, Class R-6 | 15,290 | 206 | |
American Funds Inflation Linked Bond Fund, Class R-6 | 16,092 | 181 | |
American Funds Mortgage Fund, Class R-6 | 15,258 | 155 | |
American High-Income Trust, Class R-6 | 12,317 | 130 | |
U.S. Government Securities Fund, Class R-6 | 9,149 | 129 | |
Capital World Bond Fund, Class R-6 | 6,316 | 128 | |
Total fixed income funds (cost: $1,167,000) | 1,162 | ||
Total investment securities 100.08% (cost: $2,503,000) | 2,562 | ||
Other assets less liabilities (0.08)% | (2) | ||
Net assets 100.00% | $2,560 |
American Funds Insurance Series — Target Date Series — American Funds IS 2020 Target Date Fund — Page 7 of 13
unaudited
Investments in affiliates1
Value of affiliates at 1/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized (depreciation) appreciation (000) | Value of affiliates at 9/30/2021 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 4.88% | ||||||||
American Funds Global Insight Fund, Class R-6 | $— | $69 | $1 | $—2 | $(1) | $67 | $— | $— |
AMCAP Fund, Class R-6 | 17 | 44 | 5 | —2 | 2 | 58 | — | 1 |
New Perspective Fund, Class R-6 | 18 | 1 | 20 | 4 | (3) | — | — | — |
The Growth Fund of America, Class R-6 | 9 | —2 | 9 | 1 | (1) | — | — | — |
125 | ||||||||
Growth-and-income funds 23.09% | ||||||||
American Mutual Fund, Class R-6 | 64 | 98 | 14 | 1 | 4 | 153 | 1 | — |
Capital World Growth and Income Fund, Class R-6 | 43 | 109 | 10 | 1 | —2 | 143 | 1 | — |
Washington Mutual Investors Fund, Class R-6 | 53 | 82 | 11 | 1 | 2 | 127 | 1 | 2 |
Fundamental Investors, Class R-6 | 43 | 45 | 15 | 2 | 1 | 76 | —2 | 1 |
The Investment Company of America, Class R-6 | 53 | 44 | 27 | 4 | 2 | 76 | 1 | —2 |
International Growth and Income Fund, Class R-6 | 11 | 10 | 5 | 1 | (1) | 16 | —2 | — |
591 | ||||||||
Equity-income funds 14.77% | ||||||||
The Income Fund of America, Class R-6 | 103 | 151 | 17 | 1 | 3 | 241 | 3 | — |
Capital Income Builder, Class R-6 | 102 | 86 | 55 | 6 | (2) | 137 | 2 | — |
378 | ||||||||
Balanced funds 11.95% | ||||||||
American Balanced Fund, Class R-6 | 40 | 170 | 7 | —2 | 1 | 204 | 1 | 1 |
American Funds Global Balanced Fund, Class R-6 | 32 | 75 | 5 | —2 | —2 | 102 | 1 | — |
306 | ||||||||
Fixed income funds 45.39% | ||||||||
Intermediate Bond Fund of America, Class R-6 | 90 | 160 | 15 | —2 | (2) | 233 | 1 | — |
The Bond Fund of America, Class R-6 | 80 | 141 | 13 | —2 | (2) | 206 | 2 | —2 |
American Funds Inflation Linked Bond Fund, Class R-6 | 71 | 118 | 11 | —2 | 3 | 181 | — | — |
American Funds Mortgage Fund, Class R-6 | 60 | 106 | 10 | —2 | (1) | 155 | —2 | — |
American High-Income Trust, Class R-6 | 52 | 84 | 8 | —2 | 2 | 130 | 2 | — |
U.S. Government Securities Fund, Class R-6 | 50 | 88 | 8 | —2 | (1) | 129 | 1 | — |
Capital World Bond Fund, Class R-6 | 51 | 89 | 7 | —2 | (5) | 128 | 1 | —2 |
1,162 | ||||||||
Total 100.08% | $22 | $1 | $2,562 | $18 | $5 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
2 | Amount less than one thousand. |
American Funds Insurance Series — Target Date Series — American Funds IS 2020 Target Date Fund — Page 8 of 13
American Funds IS 2015 Target Date Fund
Investment portfolio
September 30, 2021
unaudited
Growth funds 1.90% | Shares | Value (000) | |
American Funds Global Insight Fund, Class R-6 | 9,545 | $199 | |
AMCAP Fund, Class R-6 | 2,250 | 100 | |
Total growth funds (cost: $300,000) | 299 | ||
Growth-and-income funds 21.26% | |||
American Mutual Fund, Class R-6 | 18,926 | 942 | |
Capital World Growth and Income Fund, Class R-6 | 12,397 | 785 | |
Washington Mutual Investors Fund, Class R-6 | 13,192 | 730 | |
The Investment Company of America, Class R-6 | 9,397 | 470 | |
Fundamental Investors, Class R-6 | 5,514 | 415 | |
Total growth-and-income funds (cost: $2,779,000) | 3,342 | ||
Equity-income funds 18.31% | |||
The Income Fund of America, Class R-6 | 76,467 | 1,938 | |
Capital Income Builder, Class R-6 | 14,073 | 940 | |
Total equity-income funds (cost: $2,532,000) | 2,878 | ||
Balanced funds 11.61% | |||
American Balanced Fund, Class R-6 | 37,045 | 1,199 | |
American Funds Global Balanced Fund, Class R-6 | 16,030 | 625 | |
Total balanced funds (cost: $1,723,000) | 1,824 | ||
Fixed income funds 47.00% | |||
Intermediate Bond Fund of America, Class R-6 | 123,097 | 1,699 | |
The Bond Fund of America, Class R-6 | 93,790 | 1,262 | |
American Funds Inflation Linked Bond Fund, Class R-6 | 98,659 | 1,108 | |
American Funds Mortgage Fund, Class R-6 | 93,153 | 949 | |
American High-Income Trust, Class R-6 | 75,150 | 793 | |
Capital World Bond Fund, Class R-6 | 38,678 | 785 | |
U.S. Government Securities Fund, Class R-6 | 36,341 | 514 | |
Short-Term Bond Fund of America, Class R-6 | 27,649 | 277 | |
Total fixed income funds (cost: $7,432,000) | 7,387 | ||
Total investment securities 100.08% (cost: $14,766,000) | 15,730 | ||
Other assets less liabilities (0.08)% | (13) | ||
Net assets 100.00% | $15,717 |
American Funds Insurance Series — Target Date Series — American Funds IS 2015 Target Date Fund — Page 9 of 13
unaudited
Investments in affiliates1
Value of affiliates at 1/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized (depreciation) appreciation (000) | Value of affiliates at 9/30/2021 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth funds 1.90% | ||||||||
American Funds Global Insight Fund, Class R-6 | $— | $216 | $14 | $—2 | $(3) | $199 | $— | $— |
AMCAP Fund, Class R-6 | — | 111 | 12 | —2 | 1 | 100 | — | 4 |
299 | ||||||||
Growth-and-income funds 21.26% | ||||||||
American Mutual Fund, Class R-6 | 679 | 206 | 25 | —2 | 82 | 942 | 13 | — |
Capital World Growth and Income Fund, Class R-6 | 473 | 308 | 24 | —2 | 28 | 785 | 10 | — |
Washington Mutual Investors Fund, Class R-6 | 564 | 143 | 36 | —2 | 59 | 730 | 9 | 20 |
The Investment Company of America, Class R-6 | 563 | 89 | 256 | 35 | 39 | 470 | 6 | 4 |
Fundamental Investors, Class R-6 | 447 | 86 | 163 | 19 | 26 | 415 | 4 | 11 |
International Growth and Income Fund, Class R-6 | 95 | 6 | 110 | 27 | (18) | — | —2 | — |
3,342 | ||||||||
Equity-income funds 18.31% | ||||||||
The Income Fund of America, Class R-6 | 1,408 | 472 | 50 | —2 | 108 | 1,938 | 38 | — |
Capital Income Builder, Class R-6 | 1,405 | 263 | 838 | 89 | 21 | 940 | 23 | — |
2,878 | ||||||||
Balanced funds 11.61% | ||||||||
American Balanced Fund, Class R-6 | 352 | 834 | 19 | —2 | 32 | 1,199 | 10 | 6 |
American Funds Global Balanced Fund, Class R-6 | 351 | 269 | 9 | —2 | 14 | 625 | 8 | — |
1,824 | ||||||||
Fixed income funds 47.00% | ||||||||
Intermediate Bond Fund of America, Class R-6 | 1,167 | 607 | 57 | (1) | (17) | 1,699 | 14 | — |
The Bond Fund of America, Class R-6 | 936 | 394 | 43 | (1) | (24) | 1,262 | 15 | 2 |
American Funds Inflation Linked Bond Fund, Class R-6 | 819 | 299 | 38 | —2 | 28 | 1,108 | — | — |
American Funds Mortgage Fund, Class R-6 | 701 | 281 | 26 | (1) | (6) | 949 | 5 | — |
American High-Income Trust, Class R-6 | 587 | 211 | 32 | —2 | 27 | 793 | 24 | — |
Capital World Bond Fund, Class R-6 | 585 | 260 | 18 | —2 | (42) | 785 | 11 | 4 |
U.S. Government Securities Fund, Class R-6 | 468 | 88 | 34 | (1) | (7) | 514 | 5 | — |
Short-Term Bond Fund of America, Class R-6 | 117 | 166 | 5 | —2 | (1) | 277 | 1 | — |
7,387 | ||||||||
Total 100.08% | $166 | $347 | $15,730 | $196 | $51 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
2 | Amount less than one thousand. |
American Funds Insurance Series — Target Date Series — American Funds IS 2015 Target Date Fund — Page 10 of 13
American Funds IS 2010 Target Date Fund
Investment portfolio
September 30, 2021
unaudited
Growth-and-income funds 18.57% | Shares | Value (000) | |
American Mutual Fund, Class R-6 | 264,539 | $13,169 | |
Capital World Growth and Income Fund, Class R-6 | 158,223 | 10,017 | |
Washington Mutual Investors Fund, Class R-6 | 168,416 | 9,317 | |
The Investment Company of America, Class R-6 | 139,532 | 6,982 | |
Fundamental Investors, Class R-6 | 50,851 | 3,829 | |
Total growth-and-income funds (cost: $37,664,000) | 43,314 | ||
Equity-income funds 21.07% | |||
The Income Fund of America, Class R-6 | 1,356,252 | 34,381 | |
Capital Income Builder, Class R-6 | 221,197 | 14,769 | |
Total equity-income funds (cost: $45,032,000) | 49,150 | ||
Balanced funds 10.26% | |||
American Balanced Fund, Class R-6 | 502,116 | 16,253 | |
American Funds Global Balanced Fund, Class R-6 | 197,168 | 7,688 | |
Total balanced funds (cost: $22,804,000) | 23,941 | ||
Fixed income funds 50.18% | |||
Intermediate Bond Fund of America, Class R-6 | 2,613,325 | 36,064 | |
The Bond Fund of America, Class R-6 | 1,512,448 | 20,358 | |
Short-Term Bond Fund of America, Class R-6 | 1,576,855 | 15,800 | |
American Funds Mortgage Fund, Class R-6 | 1,459,330 | 14,871 | |
American Funds Inflation Linked Bond Fund, Class R-6 | 1,312,950 | 14,744 | |
American High-Income Trust, Class R-6 | 722,002 | 7,617 | |
Capital World Bond Fund, Class R-6 | 374,225 | 7,597 | |
Total fixed income funds (cost: $117,250,000) | 117,051 | ||
Total investment securities 100.08% (cost: $222,750,000) | 233,456 | ||
Other assets less liabilities (0.08)% | (177) | ||
Net assets 100.00% | $233,279 |
American Funds Insurance Series — Target Date Series — American Funds IS 2010 Target Date Fund — Page 11 of 13
unaudited
Investments in affiliates1
Value of affiliates at 1/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 9/30/2021 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Growth-and-income funds 18.57% | ||||||||
American Mutual Fund, Class R-6 | $6,059 | $6,661 | $230 | $1 | $678 | $13,169 | $145 | $— |
Capital World Growth and Income Fund, Class R-6 | 4,800 | 5,078 | 105 | —2 | 244 | 10,017 | 107 | — |
Washington Mutual Investors Fund, Class R-6 | 4,796 | 4,211 | 132 | (1) | 443 | 9,317 | 95 | 212 |
The Investment Company of America, Class R-6 | 4,783 | 2,442 | 883 | 74 | 566 | 6,982 | 68 | 44 |
Fundamental Investors, Class R-6 | 3,514 | 1,491 | 1,535 | 231 | 128 | 3,829 | 32 | 83 |
43,314 | ||||||||
Equity-income funds 21.07% | ||||||||
The Income Fund of America, Class R-6 | 16,058 | 17,476 | 155 | (1) | 1,003 | 34,381 | 552 | — |
Capital Income Builder, Class R-6 | 16,058 | 6,777 | 9,262 | 930 | 266 | 14,769 | 294 | — |
49,150 | ||||||||
Balanced funds 10.26% | ||||||||
American Balanced Fund, Class R-6 | 3,770 | 12,198 | 14 | —2 | 299 | 16,253 | 124 | 68 |
American Funds Global Balanced Fund, Class R-6 | 3,519 | 4,052 | 10 | —2 | 127 | 7,688 | 89 | — |
23,941 | ||||||||
Fixed income funds 50.18% | ||||||||
Intermediate Bond Fund of America, Class R-6 | 18,749 | 17,867 | 233 | (4) | (315) | 36,064 | 261 | — |
The Bond Fund of America, Class R-6 | 10,546 | 10,226 | 110 | (3) | (301) | 20,358 | 198 | 29 |
Short-Term Bond Fund of America, Class R-6 | 7,684 | 8,264 | 69 | (1) | (78) | 15,800 | 66 | — |
American Funds Mortgage Fund, Class R-6 | 7,783 | 7,235 | 67 | (3) | (77) | 14,871 | 62 | — |
American Funds Inflation Linked Bond Fund, Class R-6 | 8,286 | 6,201 | 67 | —2 | 324 | 14,744 | — | — |
American High-Income Trust, Class R-6 | 5,039 | 2,393 | 41 | —2 | 226 | 7,617 | 210 | — |
Capital World Bond Fund, Class R-6 | 5,011 | 2,957 | 13 | —2 | (358) | 7,597 | 95 | 38 |
117,051 | ||||||||
Total 100.08% | $1,223 | $3,175 | $233,456 | $2,398 | $474 |
1 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
2 | Amount less than one thousand. |
American Funds Insurance Series — Target Date Series — American Funds IS 2010 Target Date Fund — Page 12 of 13
unaudited
Valuation disclosures
Security valuation — The net asset value of each share class of each fund is calculated based on the reported net asset values of the underlying funds in which each fund invests. The net asset value of each underlying fund is calculated based on the policies and procedures of the underlying fund contained in each underlying fund’s statement of additional information. The net asset value per share of each fund and each underlying fund is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open.
Processes and structure — The series’ board of trustees has delegated authority to the series’ investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Fair Valuation Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Fair Valuation Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation teams. The Fair Valuation Committee reviews changes in fair value measurements from period to period and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. The Fair Valuation Committee reports any changes to the fair valuation guidelines to the board of trustees. The series’ board and audit committee also regularly review reports that describe fair value determinations and methods. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser’s global risk management group.
Classifications — The series’ investment adviser classifies each fund’s assets and liabilities into three levels based on the method used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment.
At September 30, 2021, all of the investment securities held by each fund were classified as Level 1.
At September 30, 2021, all of the investment securities held by each fund were classified as Level 1.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the series prospectus and summary prospectuses, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at capitalgroup.com. Fund shares offered through American Funds Distributors, Inc.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
American Funds Distributors, Inc., member FINRA.
© 2021 Capital Group. All rights reserved.
INGEFP3-988-1121O-S87100 | American Funds Insurance Series — Target Date Series — Page 13 of 13 |