Investment Fund

Share Class
Purchase Restrictions: Class F-3 shares are available through certain registered investment advisor and fee-based programs, but are not available for purchase in most employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
A balanced approach to core plus investing. This fund takes a diversified approach to credit, complemented by active rates positioning to drive results. Risk management designed to monitor portfolio diversification.
Price at NAV $10.02 as of 12/04/2025 (updated daily)
Fund Assets (millions) $51.1
Portfolio Managers
4
Expense Ratio
(Gross/Net %)
0.61 / 0.34%
Prospectus
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities0.1%
Non-U.S. Equities0.0%
U.S. Bonds72.8%
Non-U.S. Bonds6.1%
Cash & Equivalents
21.1%
As of 10/31/2025 (updated monthly)

Growth of 10K

Read important investment disclosures
For Class F-3 Shares, this chart tracks a hypothetical investment with dividends reinvested, over the last 20 years, or since inception date if the fund has been in existence under 20 years.
CPAFX
Bloomberg U.S. Aggregate Index
VIEW LARGER CHART

High & Low Prices

Fund Statistics

5.9 years
Effective Duration
4.8%
Average Yield
to Worst
4.6%
Average Coupon
% of net assets as of 10/31/2025 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

No data is available at this time.

Description

Fund Objective
The fund’s investment objective is to provide current income and seek maximum total return, consistent with preservation of capital.
Distinguishing Characteristics
Collaborative research, diverse perspectives and a long-term view distinguish Capital’s investment approach. This core plus fund seeks a higher return than core bond funds while seeking diversification from equities. In addition to strong bottom-up security selection, the fund can benefit from active rotation across credit sectors alongside active interest rate management.
Types of Investments
Government debt and agency bonds, corporate bonds, mortgage- and asset-backed securities, emerging markets debt, non-U.S., municipals and high-yield.
Maturity
The fund takes an active approach to managing both duration and curve positioning for risk management and to enhance results. The bond maturities that the fund targets will vary depending on the current strategy being implemented.
Portfolio Restrictions
The fund may invest no more than 25% of its assets in securities rated below investment grade (BB+/Ba1 and below, or unrated, but determined by the fund’s investment adviser to be of equivalent quality) at the time of purchase. The fund may invest up to 10% of its assets in equity securities (including common stocks, preferred stocks, warrants or rights). The fund may invest up to 25% of its assets in securities denominated in currencies other than the U.S. dollar. The fund may invest up to 25% of its assets in securities of emerging market issuers.

Fund Facts

Fund Inception 9/25/2025
Fund Assets (millions)
As of 10/31/2025
 $51.1
Companies/Issuers
Holdings are as of 10/31/2025 (updated monthly).
 198+
Shareholder Accounts
Shareholder accounts are as of 10/31/2025
 1
Regular Dividends Paid
Monthly
Minimum Initial Investment $250
Capital Gains Paid
Dec
Fiscal Year-End Aug
Prospectus Date 08/20/2025
CUSIP 02631G 503
Fund Number 37410

Returns

Internal Prompt

Month-End Returns as of 11/30/25

Returns at NAV
| With Sales Charge
Read important investment disclosures
CPAFX
Bloomberg U.S. Aggregate Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/25

Internal Prompt

Volatility & Return

Read important investment disclosures

Volatility & Return chart is not available for funds less than 10 years old.

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV --% 4.48%
Fund at MOP N/A N/A
As of 10/31/2025 (updated monthly)

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Xavier Goss 0 4 21
David Hoag 0 33 37
Damien McCann 0 25
Chit Purani 0 3 21
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 RatingTM
Funds rated(--) 		--
3-yr. Morningstar RatingTM
(-- funds rated) 		--
5-yr. Morningstar RatingTM
(-- funds rated) 		--
10-yr. Morningstar RatingTM
(-- funds rated) 		--
Overall Morningstar Risk --
Category
Intermediate Core-Plus Bond
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of -- (updated monthly).

Risk Measures

Fund
Standard Deviation
--
Sharpe Ratio
--
For the ending 11/30/25 (updated monthly).
American Funds/
Morningstar Benchmark
Bloomberg US Agg Bond TR USD
R-squared
--
Beta
--
Capture Ratio (Downside/Upside)
--/--
American Funds and Morningstar Benchmark for the ending 11/30/25 (updated monthly).
U.S. Treasuries/Agencies
17.8%
AAA/Aaa
2.7%
AA/Aa
20.3%
A
12.8%
BBB/Baa
13.3%
BB/Ba
5.8%
B
3.1%
CCC & Below
0.8%
Unrated
2.9%
Cash & equivalents
20.4%
% of net assets as of 10/31/2025 (updated monthly)

Average Life Breakdown

0-4.9 Years
37.6%
5-9.9 Years
25.2%
10-19.9 Years
4.1%
20-29.9 Years
4.6%
30+ Years
--
% of net assets as of 9/30/2025 (updated monthly)

Holdings

Bonds Breakdown

Bond Details

Total bond holdings
U.S. Treasury bonds & notes 18.9%
Non-U.S. government/agency securities 2.0%
Asset-backed obligations 1.0%

% of net assets as of 9/30/2025 (updated quarterly)

Top Fixed-Income Issuers

U.S. Treasury
19.0%
UMBS
11.7%
Fannie Mae
5.9%
Ford Motor
1.5%
BMO 2025-C13 Mortgage Trust
1.2%
PG&E
1.0%
Charter Communications
1.0%
Morgan Stanley
0.9%
Brazil, Federal Government of
0.9%
Amgen
0.8%

% of net assets as of 9/30/2025 (updated monthly)

Geographic Breakdown

Regions | Currency Weighting
| Top Countries
United States
72.8%
Europe
3.1%
Other (Including Canada & Latin America)
3.0%
Cash & equivalents
21.1%
% of net assets as of 10/31/2025 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2025

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 12/04/25

FIND HISTORICAL DISTRIBUTIONS
2025
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
Daily 10/31/25 11/03/25 $0.03162 $0.00 $0.00 $0.00 $10.04
Daily 11/28/25 12/01/25 $0.04146 $0.00 $0.00 $0.00 $10.06
2025 Year-to-Date: Dividends Subtotal: $0.07308 Cap Gains Subtotal: $0.00
Total Distributions: $0.07308

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.28%
Other Expenses 0.33%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

Gross Net
CPAFX 0.61% 0.34%
Lipper Core Plus Bond Funds Average
0.57%
Fund as of most recent prospectus. Lipper Category as of 9/30/25 (updated quarterly).