Fund Details

Summary

Internal Prompt

Inflation protection and income. By primarily investing in inflation-linked securities, this strategy is focused on protecting purchasing power. It seeks to add value by actively managing duration, curve and inflation exposures, while maintaining only a modest allocation to non-U.S. government bonds and certain corporate issues.

Price at NAV $9.11 as of 6/02/2023 (updated daily)

Fund Assets (millions) $13,865.1

Portfolio Managers

Expense Ratio

0.67%

Quarterly Fund Fact Sheet (PDF)

Prospectus (PDF)

Internal Prompt

Returns at NAV
Returns at MOP

Returns at NAV

Returns at MOP

Read important investment disclosures

-7.47%

1-year return

2.27%

5-year return

1.16%

10-year return

6.89%

30-Day SEC Yield

Returns as of 4/30/23 (updated monthly). Yield as of 4/30/23 (updated monthly).

Asset Mix

	U.S. Equities0.0%		Non-U.S. Equities0.0%
	U.S. Bonds96.0%		Non-U.S. Bonds2.2%
	Cash & Equivalents 1.8%

	U.S. Equities0.0%
	Non-U.S. Equities0.0%
	U.S. Bonds96.0%
	Non-U.S. Bonds2.2%
	Cash & Equivalents 1.8%

As of 4/30/2023 (updated monthly)

Internal Prompt

Volatility & Return

VIEW LARGER CHART

Read important investment disclosures

Fixed-Income

For Class A Shares, this chart tracks the 10-year standard deviation

and 10-year annualized return of the fixed income funds

BFIAX

Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index

Other AF Funds

Standard Deviation as of 04/30/2023 (updated monthly) . Annualized return as of 04/30/2023 (updated monthly) .

VIEW LARGER CHART

Fund Statistics

4.3 years

Effective Duration

3.5%

Average Yield
to Worst

0.3%

Average Coupon

% of net assets as of 3/31/2023 (updated quarterly)

Morningstar Style Box^TM— Fixed-Income

High Quality

Limited Interest-Rate Sensitivity

Morningstar data as of 3/31/23 (updated quarterly)

Description

Objective

The fund's investment objective is to provide inflation protection and income consistent with investment in inflation linked securities.

Distinguishing Characteristics

By primarily investing in inflation-linked securities, this strategy is focused on protecting purchasing power. The strategy seeks to add value by actively managing duration, yield curve and exposure to inflation, while maintaining only a modest allocation to non-U.S. government bonds and certain corporate issues.

Portfolio Restrictions

At least 80% of the fund's assets will be invested in inflation-linked bonds issued by governments, their agencies or instrumentalities, and corporations. Further, at lease 80% of the fund's assets will be invested in securities guaranteed or sponsored by the U.S. government. To the extent the fund invests in debt securities not guaranteed or sponsored by the U.S. government, the fund will invest in debt securities with quality ratings of Baa3 or better or BBB- or better.

Fund Facts

Fund Inception	12/14/2012
Fund Assets (millions) As of 4/30/2023	$13,865.1
Companies/Issuers Holdings are as of 3/31/2023 (updated quarterly).	101+
Shareholder Accounts Shareholder accounts are as of 4/30/2023	76,309
Regular Dividends Paid	Dec

Minimum Initial Investment	$250
Capital Gains Paid	Dec
Portfolio Turnover (2022)	42%
Fiscal Year-End	Nov
Prospectus Date	02/01/2023
CUSIP	02630D 10 5
Fund Number	60

Returns

Internal Prompt

Month-End Returns as of 4/30/23
Quarter-End Returns as of 3/31/23

ANNUAL RETURNS CHART

Month-End Returns as of 4/30/23

Returns at NAV

| at MOP

Read important investment disclosures

BFIAX

Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index

ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/23

Growth of 10K
High & Low Prices

Growth of 10K

Read important investment disclosures

For Class A Shares, this chart tracks a hypothetical investment with dividends reinvested through 12/31/2022.

VIEW LARGER CHART

BFIAX

Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index

VIEW LARGER CHART

High & Low Prices

Internal Prompt

Yield

	12-month
	Distribution Rates	30-day SEC Yield
Fund at NAV	6.04%	N/A
Fund at MOP	5.88%	6.89%

As of 4/30/2023 (updated monthly)

Portfolio Management

Years of Experience with Fund

Years of Experience with Capital Group

Years of Experience with Investment Industry

Timothy Ng 18 9 4

Ritchie Tuazon 23 12 9

Timothy Ng		4	9	18
Ritchie Tuazon		9	12	23

A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating ^TM

Overall Morningstar Rating^TM Funds rated(198)
3-yr. Morningstar Rating^TM (198 funds rated)
5-yr. Morningstar Rating^TM (194 funds rated)
10-yr. Morningstar Rating^TM (134 funds rated)
Overall Morningstar Risk	Above Average HIGH LOW
Category	Inflation-Protected Bond

ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS

Ratings are based on risk-adjusted returns as of 4/30/2023 (updated monthly).

Internal Prompt

Lipper Leader Scorecard

	Overall Over-all	3 yr.	5 yr.	10 yr.
Consistent Return Within Category Funds Rated	(189)	(189)	(183)	(124)
Expense Within Category Funds Rated	(104)	(104)	(102)	(94)
Preservation Within Category Funds Rated	(6259)	(6259)	(5719)	(4038)
Tax Efficiency Within Category Funds Rated	(189)	(189)	(183)	(124)
Total Return Within Category Funds Rated	(189)	(189)	(183)	(124)
Category		Infl Protected Bd Fds

KEY

HIGHEST

LOWEST

As of 4/30/2023 (updated monthly)

Risk Measures

		Fund
Standard Deviation		5.35
Sharpe Ratio		0.11
For the 10 Years ending 4/30/23 (updated monthly).
American Funds Benchmark		Morningstar Benchmark
Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index		Bloomberg US Agg Bond TR USD
R-squared	94	64
Beta	0.98	0.99
Capture Ratio (Downside/Upside)	96/98	98/100
American Funds Benchmark for the 10 Years ending 3/31/23 (updated quarterly). Morningstar Benchmark for the 10 Years ending 4/30/23 (updated monthly).

Quality Summary

Read important investment disclosures

U.S. Treasuries/Agencies

90.5%

AAA/Aaa

1.3%

AA/Aa

1.4%

2.2%

BBB/Baa

2.2%

Unrated

0.5%

Cash & equivalents

2.3%

% of net assets as of 3/31/2023 (updated quarterly)

Average Life Breakdown

0-4.9 Years

49.1%

5-9.9 Years

30.3%

10-19.9 Years

3.0%

20-29.9 Years

15.7%

30+ Years

0.0%

% of net assets as of 3/31/2023 (updated quarterly)

Holdings

Bonds Breakdown

Total bond holdings

U.S. Treasury bonds & notes 90.7%

Corporate bonds, notes & loans + 3.5%

Energy	0.8%
Consumer discretionary	0.7%
Health Care	0.5%
Financials	0.4%
Utilities	0.3%
Consumer staples	0.2%
Information technology	0.2%
Telecommunication services	0.2%
Materials	0.1%
Other corporate bonds, notes & loans	0.1%

Asset-backed obligations 1.6%

Non-U.S. government/agency securities 1.4%

Municipal securities 0.7%

Mortgage-backed obligations 0.2%

% of net assets as of 3/31/2023 (updated quarterly)

U.S. Treasury

90.5%

MEXICO (UNITED MEXICAN STATES) (GOVERNMENT)

0.4%

Japan, Government of

0.4%

Amgen

0.3%

Qatar Central Bank

0.2%

% of net assets as of 3/31/2023 (updated quarterly)

QUARTERLY HOLDINGS

HOLDINGS SEARCH

Geographic Breakdown

Regions

United States

95.9%

Europe

0.6%

Asia & Pacific Basin

0.8%

Other (Including Canada & Latin America)

0.8%

Cash & equivalents

1.9%

% of net assets as of 3/31/2023 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End
Historical Prices Year-End

FIND HISTORICAL PRICES

Historical Prices Month-End

2023

FIND HISTORICAL PRICES

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/26/23

Historical Distributions as of 01/26/23

2022

Record Date	Calculated Date	Pay Date	Income Dividend Regular	Income Dividend Special	Cap. Gains Long-Term	Cap. Gains Short-Term	Reinvest NAV
12/19/22	12/19/22	12/20/22	$0.5613	$0.00	$0.00	$0.00	$9.11
		2022 Year-to-Date:	Dividends Subtotal: $0.5613		Cap Gains Subtotal: $0.00
			Total Distributions: $0.5613

Rate	As of Date
0.00000000	12/20/2022
0.00000000	12/21/2022
0.00000000	12/22/2022
0.00000000	12/23/2022
0.00000000	12/27/2022
0.00000000	12/28/2022
0.00000000	12/29/2022
0.00000000	12/30/2022
0.00000000	01/03/2023
0.00000000	01/04/2023
0.00000000	01/05/2023
0.00000000	01/06/2023
0.00000000	01/09/2023
0.00000000	01/10/2023
0.00000000	01/11/2023
0.00000000	01/12/2023
0.00000000	01/13/2023
0.00000000	01/17/2023
0.00000000	01/18/2023
0.00000000	01/19/2023
0.00000000	01/20/2023
0.00000000	01/23/2023
0.00000000	01/24/2023
0.00000000	01/25/2023
0.00000000	01/26/2023
0.00000000	01/27/2023
0.00000000	01/30/2023
0.00000000	01/31/2023
0.00000000	02/01/2023
0.00000000	02/02/2023
0.00000000	02/03/2023
0.00000000	02/06/2023
0.00000000	02/07/2023
0.00000000	02/08/2023
0.00000000	02/09/2023
0.00000000	02/10/2023
0.00000000	02/13/2023
0.00000000	02/14/2023
0.00000000	02/15/2023
0.00000000	02/16/2023
0.00000000	02/17/2023
0.00000000	02/21/2023
0.00000000	02/22/2023
0.00000000	02/23/2023
0.00000000	02/24/2023
0.00000000	02/27/2023
0.00000000	02/28/2023
0.00000000	03/01/2023
0.00000000	03/02/2023
0.00000000	03/03/2023
0.00000000	03/06/2023
0.00000000	03/07/2023
0.00000000	03/08/2023
0.00000000	03/09/2023
0.00000000	03/10/2023
0.00000000	03/13/2023
0.00000000	03/14/2023
0.00000000	03/15/2023
0.00000000	03/16/2023
0.00000000	03/17/2023
0.00000000	03/20/2023
0.00000000	03/21/2023
0.00000000	03/22/2023
0.00000000	03/23/2023
0.00000000	03/24/2023
0.00000000	03/27/2023
0.00000000	03/28/2023
0.00000000	03/29/2023
0.00000000	03/30/2023
0.00000000	03/31/2023
0.00000000	04/03/2023
0.00000000	04/04/2023
0.00000000	04/05/2023
0.00000000	04/06/2023
0.00000000	04/10/2023
0.00000000	04/11/2023
0.00000000	04/12/2023
0.00000000	04/13/2023
0.00000000	04/14/2023
0.00000000	04/17/2023
0.00000000	04/18/2023
0.00000000	04/19/2023
0.00000000	04/20/2023
0.00000000	04/21/2023
0.00000000	04/24/2023
0.00000000	04/25/2023
0.00000000	04/26/2023
0.00000000	04/27/2023
0.00000000	04/28/2023
0.00000000	05/01/2023
0.00000000	05/02/2023
0.00000000	05/03/2023
0.00000000	05/04/2023
0.00000000	05/05/2023
0.00000000	05/08/2023
0.00000000	05/09/2023
0.00000000	05/10/2023
0.00000000	05/11/2023
0.00000000	05/12/2023
0.00000000	05/15/2023
0.00000000	05/16/2023
0.00000000	05/17/2023
0.00000000	05/18/2023
0.00000000	05/19/2023
0.00000000	05/22/2023
0.00000000	05/23/2023
0.00000000	05/24/2023
0.00000000	05/25/2023
0.00000000	05/26/2023
0.00000000	05/30/2023
0.00000000	05/31/2023
0.00000000	06/01/2023
0.00000000	06/02/2023

FIND HISTORICAL DISTRIBUTIONS

Rate		As of-Date
0.00000000		12/20/2022
0.00000000		12/21/2022
0.00000000		12/22/2022
0.00000000		12/23/2022
0.00000000		12/27/2022
0.00000000		12/28/2022
0.00000000		12/29/2022
0.00000000		12/30/2022
0.00000000		01/03/2023
0.00000000		01/04/2023
0.00000000		01/05/2023
0.00000000		01/06/2023
0.00000000		01/09/2023
0.00000000		01/10/2023
0.00000000		01/11/2023
0.00000000		01/12/2023
0.00000000		01/13/2023
0.00000000		01/17/2023
0.00000000		01/18/2023
0.00000000		01/19/2023
0.00000000		01/20/2023
0.00000000		01/23/2023
0.00000000		01/24/2023
0.00000000		01/25/2023
0.00000000		01/26/2023
0.00000000		01/27/2023
0.00000000		01/30/2023
0.00000000		01/31/2023
0.00000000		02/01/2023
0.00000000		02/02/2023
0.00000000		02/03/2023
0.00000000		02/06/2023
0.00000000		02/07/2023
0.00000000		02/08/2023
0.00000000		02/09/2023
0.00000000		02/10/2023
0.00000000		02/13/2023
0.00000000		02/14/2023
0.00000000		02/15/2023
0.00000000		02/16/2023
0.00000000		02/17/2023
0.00000000		02/21/2023
0.00000000		02/22/2023
0.00000000		02/23/2023
0.00000000		02/24/2023
0.00000000		02/27/2023
0.00000000		02/28/2023
0.00000000		03/01/2023
0.00000000		03/02/2023
0.00000000		03/03/2023
0.00000000		03/06/2023
0.00000000		03/07/2023
0.00000000		03/08/2023
0.00000000		03/09/2023
0.00000000		03/10/2023
0.00000000		03/13/2023
0.00000000		03/14/2023
0.00000000		03/15/2023
0.00000000		03/16/2023
0.00000000		03/17/2023
0.00000000		03/20/2023
0.00000000		03/21/2023
0.00000000		03/22/2023
0.00000000		03/23/2023
0.00000000		03/24/2023
0.00000000		03/27/2023
0.00000000		03/28/2023
0.00000000		03/29/2023
0.00000000		03/30/2023
0.00000000		03/31/2023
0.00000000		04/03/2023
0.00000000		04/04/2023
0.00000000		04/05/2023
0.00000000		04/06/2023
0.00000000		04/10/2023
0.00000000		04/11/2023
0.00000000		04/12/2023
0.00000000		04/13/2023
0.00000000		04/14/2023
0.00000000		04/17/2023
0.00000000		04/18/2023
0.00000000		04/19/2023
0.00000000		04/20/2023
0.00000000		04/21/2023
0.00000000		04/24/2023
0.00000000		04/25/2023
0.00000000		04/26/2023
0.00000000		04/27/2023
0.00000000		04/28/2023
0.00000000		05/01/2023
0.00000000		05/02/2023
0.00000000		05/03/2023
0.00000000		05/04/2023
0.00000000		05/05/2023
0.00000000		05/08/2023
0.00000000		05/09/2023
0.00000000		05/10/2023
0.00000000		05/11/2023
0.00000000		05/12/2023
0.00000000		05/15/2023
0.00000000		05/16/2023
0.00000000		05/17/2023
0.00000000		05/18/2023
0.00000000		05/19/2023
0.00000000		05/22/2023
0.00000000		05/23/2023
0.00000000		05/24/2023
0.00000000		05/25/2023
0.00000000		05/26/2023
0.00000000		05/30/2023
0.00000000		05/31/2023
0.00000000		06/01/2023
0.00000000		06/02/2023

Fees & Expenses

Internal Prompt

Fees


Annual Management Fees	0.25%
Other Expenses	0.12%
Service 12b-1	0.30%

As of each fund's most recent prospectus.

Internal Prompt

Expense Ratio

BFIAX	0.67%
Lipper Inflation Protected Bond Funds Average	0.73%

Fund as of most recent prospectus. Lipper Category as of 3/31/23 (updated quarterly).

Resources

Literature for BFIAX

Quarterly Fund Fact Sheet (PDF) 05/23
Quarterly Attribution Report (PDF) 04/23
Single Sheet (PDF) 04/23
Summary Prospectus (PDF) 02/23
Prospectus (PDF) 02/23
Statement of additional information (PDF) 02/23
Semi-Annual Report (PDF) 07/22
Annual Report (PDF) 01/23

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Investment Fund

American Funds Inflation Linked Bond Fund ® (BFIAX)

Summary

Returns at NAV

Returns at MOP

Returns at NAV

Returns at MOP

Asset Mix

Volatility & Return

Fund Statistics

Morningstar Style BoxTM— Fixed-Income

Description

Fund Facts

Returns

Month-End Returns as of 4/30/23

Quarter-End Returns as of 3/31/23

Month-End Returns as of 4/30/23

Quarter-End Returns as of 3/31/23

Growth of 10K

High & Low Prices

Growth of 10K

High & Low Prices

Yield

Portfolio Management

Ratings & Risk

Morningstar Rating TM

Lipper Leader Scorecard

Risk Measures

Quality Summary

Average Life Breakdown

Holdings

Bonds Breakdown

Bond Details

Top Fixed-Income Issuers

Geographic Breakdown

Prices & Distributions

Historical Prices Month-End

Historical Prices Year-End

Historical Prices Month-End

Historical Prices Year-End

Historical Distributions as of 01/26/23

Historical Distributions as of 01/26/23

Fees & Expenses

Fees

Expense Ratio

Resources

Literature for BFIAX

About Our Funds

CAPITAL IDEAS^TM

PRACTICELAB^®

Morningstar Style Box^TM— Fixed-Income

Morningstar Rating ^TM