UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No.)
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Filed by a Party other than the Registrant [ ]
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[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material under Rule14a-12
AMCAP Fund
American Balanced Fund
American Funds College Target Date Series
American Funds Corporate Bond Fund
American Funds Developing World Growth and Income Fund
American Funds Emerging Markets Bond Fund
American Funds Fundamental Investors
American Funds Global Balanced Fund
The American Funds Income Series
American Funds Inflation Linked Bond Fund
American Funds Mortgage Fund
American Funds Portfolio Series
American Funds Retirement Income Portfolio Series
American Funds Short-Term Tax-Exempt Bond Fund
American Funds Strategic Bond Fund
American Funds Target Date Retirement Series
American Funds Tax-Exempt Fund of New York
American Funds Tax-Exempt Series II
American Funds U.S. Government Money Market Fund
American High-Income Municipal Bond Fund
American High-Income Trust
American Mutual Fund
The Bond Fund of America
Capital Income Builder
Capital World Bond Fund
Capital World Growth and Income Fund
EuroPacific Growth Fund
The Growth Fund of America
The Income Fund of America
Intermediate Bond Fund of America
International Growth and Income Fund
The Investment Company of America
Limited Term Tax-Exempt Bond Fund of America
The New Economy Fund
New Perspective Fund
New World Fund, Inc.
Short-Term Bond Fund of America
SMALLCAP World Fund, Inc.
The Tax-Exempt Bond Fund of America
Washington Mutual Investors Fund
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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Shareholder vote on important proposal to elect board members of American Funds
Notification of Shareholder Vote Solicitation
To our Dealer Friends:
We are writing to notify you that all shareholders of American Funds, including American Funds Insurance Series, are being asked to vote on an important proposal to elect board members for each fund in which they invest. Shareholders and/or their representatives (e.g., plan sponsors, contacts or trustees) have been sent proxy material in order to participate in this vote. This measure is designed primarily to streamline fund administration and to provide the funds with more operational flexibility and efficiency to manage costs over the long term.
Why are shareholders being asked to vote for board members now?
It has been a number of years since the funds held shareholder meetings to elect board members, and subsequent changes in the composition of each fund’s board now necessitate the election of nominees. Under the Investment Company Act of 1940, a fund’s board may fill vacancies by appointment so long as, after the board fills the vacancy, at least two-thirds of the board members were elected by shareholders. By electing board members now, the funds’ boards will be able to add new members for a longer period without the expense of conducting additional shareholder meetings.
How do shareholders vote?
Shareholders and/or their representatives received either a complete kit containing the full proxy statement and ballot or a notice outlining the proposal and informing shareholders how to access more detailed proxy and voting material. Shareholders with multiple accounts may receive multiple mailings. In this case, shareholders should vote all ballots they receive.
The board of each fund believes that election of the proposed board member slate is in the best interests of shareholders and unanimously recommends that shareholders vote ‘FOR’ each of the nominees.
We want to hear from shareholders
Shareholder participation in this proxy vote is key. We encourage shareholders and/or their representatives to read the materials they have received, as they contain important information regarding the proposal. We appreciate your support in encouraging shareholders to vote promptly on this important measure.
If you have questions or need additional details, please directly contact your National Accounts team member or send an email toafdealer@capgroup.com.
Thank you for your continued support of American Funds.
For broker-dealer home office use only. Not for use with the public.
All American Funds trademarks referenced are registered trademarks owned by American Funds Distributors, Inc. or an affiliated company.
© 2018 American Funds Distributors, Inc. All rights reserved.
Shareholder vote on important proposal to elect board members of American Funds and Capital Group funds
Notification of Shareholder Vote Solicitation
To our Dealer Friends:
We are writing to notify you that all shareholders of American Funds, including American Funds Insurance Series, and Capital Group funds (namely, Capital Group Emerging Markets Total Opportunities Fund (CGETOP) and Emerging Markets Growth Fund) are being asked to vote on an important proposal to elect board members for each fund in which they invest. Shareholders and/or their representatives (e.g., plan sponsors, contacts or trustees) have been sent proxy material in order to participate in this vote. This measure is designed primarily to streamline fund administration and to provide the funds with more operational flexibility and efficiency to manage costs over the long term.
Why are shareholders being asked to vote for board members now?
Under the Investment Company Act of 1940, a fund’s board is required to hold a shareholder meeting for the purpose of electing board members if less than a majority of the board’s members were elected by shareholders. Additionally, under the 1940 Act, a fund’s board may fill vacancies by appointment only so long as, after the board fills the vacancy, at least two-thirds of the board members were elected by shareholders. In light of planned retirements and resignations, by year-end, less than a majority of CGETOP’s board will have been elected by shareholders. Accordingly, CGETOP is required to hold a shareholder meeting to elect trustees at this time. Additionally, by electing board members now, each of the other funds’ boards will be able to add new members for a longer period without the expense of conducting additional shareholder meetings.
How do shareholders vote?
Shareholders and/or their representatives received either a complete kit containing the full proxy statement and ballot or a notice outlining the proposal and informing shareholders how to access more detailed proxy and voting material. Shareholders with multiple accounts may receive multiple mailings. In this case, shareholders should vote all ballots they receive.
The board of each fund believes that election of the proposed board member slate is in the best interests of shareholders and unanimously recommends that shareholders vote ‘FOR’ each of the nominees.
We want to hear from shareholders
Shareholder participation in this proxy vote is key. We encourage shareholders and/or their representatives to read the materials they have received, as they contain important information regarding the proposal. We appreciate your support in encouraging shareholders to vote promptly on this important measure.
If you have questions or need additional details, please directly contact your National Accounts team member.
Thank you for your continued support of American Funds and Capital Group.
For broker-dealer home office use only. Not for use with the public.
All American Funds trademarks referenced are registered trademarks owned by American Funds Distributors, Inc. or an affiliated company.
© 2018 American Funds Distributors, Inc. All rights reserved.