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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
811-05104
Capital World Bond Fund
(Exact name of registrant as specified in charter)

333 South Hope Street, 55th Floor
Los Angeles, California 90071
(Address of principal executive offices)

Becky L. Park
6455 Irvine Center Drive
Irvine, California 92618
(Name and address of agent for service)
Registrant's telephone number, including area code:
(949) 975-5000
Date of fiscal year end:
December 31
Date of reporting period:
June 30, 2025
ITEM 1 - Reports to Stockholders
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class 529-A
| CCWAX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-529A
. You can also request this information by contacting us at
(800) 421-4225
.
 
What were the fund costs for the last six months?
(based on a hypothe
tica
l $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class 529-A
$
52
1.00
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional information
TSR - QR Code - American Funds_Class 529A
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF5ASRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class 529-C
| CCWCX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-529C
. You can also request this information by contacting us at
(800) 421-4225
.
 
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class 529-C
$
90
1.74
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inform
at
ion
TSR - QR Code - American Funds_Class 529C
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF5CSRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class 529-E
| CCWEX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-529E
. You can also request this information by contacting us at
(800) 421-4225
.
 
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class 529-E
$
59
1.14
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional info
rm
ation
TSR - QR Code - American Funds_Class 529E
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF5ESRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class 529-F-1
| CCWFX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-529F1
. You can also request this information by contacting us at
(800) 421-4225
.
 
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class 529-F-1
$
43
0.84
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inf
or
mation
TSR - QR Code - American Funds_Class 529F1
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF5FSRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class 529-F-2
| FCWBX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-529F2
. You can also request this information by contacting us at
(800) 421-4225
.
 
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class 529-F-2
$
33
0.64
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional infor
ma
tion
TSR - QR Code - American Funds_Class 529F2
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF5XSRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class 529-F-3
| FWBCX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-529F3
. You can also request this information by contacting us at
(800) 421-4225
.
 
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class 529-F-3
$
27
0.52
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional in
for
mation
TSR - QR Code - American Funds_Class 529F3
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF5YSRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class 529-T
| TWCBX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class 529-T
$
40
0.77
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional infor
m
ation
TSR - QR Code - American Funds (Mutual Funds)
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF5TSRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class A
| CWBFX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund
 
(the "fund") for the period from January 1, 2025 to June 30, 2025.
You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-A
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class A
$
51
0.98
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inf
or
mation
TSR - QR Code - American Funds_Class A
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFAASRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class C
| CWBCX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-C
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class C
$
88
1.71
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inf
orm
ation
TSR - QR Code - American Funds_Class C
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFCCSRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class F-1
| WBFFX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-F1
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class F-1
$
54
1.04
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additi
on
al information
TSR - QR Code - American Funds_Class F1
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFF1SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class F-2
| BFWFX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund
 
(the "fund") for the period from January 1, 2025 to June 30, 2025.
You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-F2
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class F-2
$
31
0.60
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inform
atio
n
TSR - QR Code - American Funds_Class F2
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFF2SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class F-3
| WFBFX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-F3
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class F-3
$
25
0.48
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional i
nf
ormation
TSR - QR Code - American Funds_Class F3
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFF3SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-1
| RCWAX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R1
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-1
$
81
1.58
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (perc
ent
of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional information
TSR - QR Code - American Funds_Class R1
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFR1SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-2
| RCWBX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R2
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-2
$
81
1.58
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional info
rm
ation
TSR - QR Code - American Funds_Class R2
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFR2SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-2E
| RCEBX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R2E
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-2E
$
67
1.29
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of add
iti
onal information
TSR - QR Code - American Funds_Class R2E
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MF2ESRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-3
| RCWCX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R3
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-3
$
58
1.13
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional infor
ma
tion
TSR - QR Code - American Funds_Class R3
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFR3SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-4
| RCWEX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R4
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-4
$
43
0.83
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inf
orm
ation
TSR - QR Code - American Funds_Class R4
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFR4SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-5
| RCWFX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R5
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-5
$
28
0.54
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inform
at
ion
TSR - QR Code - American Funds_Class R5
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFR5SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-5E
| RCWHX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R5E
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-5E
$
33
0.63
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional in
for
mation
TSR - QR Code - American Funds_Class R5E
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFE5SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class R-6
| RCWGX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025
.
You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature-R6
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class R-6
$
25
0.48
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additi
on
al information
TSR - QR Code - American Funds_Class R6
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFR6SRX-031-0825 © 2025 Capital Group. All rights reserved.
TSR - American Funds Logo
SEMI-ANNUAL SHAREHOLDER REPORT
Capital World Bond Fund
®
Class T
| TWCWX
for the six months ended June 30, 2025
This semi-annual shareholder report contains important information about Capital World Bond Fund (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at
capitalgroup.com/mutual-fund-literature
. You can also request this information by contacting us at
(800) 421-4225
.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Share classCosts of a $10,000 investmentCosts paid as a percentage of a $10,000 investment
Class T
$
38
0.74
%
*
*Annualized.
Key fund statistics
Fund net assets (in millions)
$
10,144
Total number of portfolio holdings2,523
Portfolio turnover rate including
mortgage dollar roll transactions
65
%
Portfolio turnover rate excluding mortgage dollar roll transactions42
%
Portfolio holdings by asset type
 (percent of net assets)
Graphical Representation - Allocation 1 Chart
*
Less than 0.01%.
Includes derivatives.
Availability of additional inform
ati
on
TSR - QR Code - American Funds (Mutual Funds)
Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.
Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at
(800) 421-4225
, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.
Lit. No. MFTTSRX-031-0825 © 2025 Capital Group. All rights reserved.

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 - Investments

The schedule of investments is included as part of the material filed under Item 7 of this Form.


ITEM 7 - Financial Statements and Financial Highlights for Open-End Management Investment Companies


  
Capital World Bond Fund®
Financial Statements and Other Information
N-CSR Items 7-11
for the six months ended June 30, 2025
Lit. No. MFGEFP2-031-0825 © 2025 Capital Group. All rights reserved.

Investment portfolio June 30, 2025unaudited
 
Bonds, notes & other debt instruments 95.13%
 
Principal amount
(000)
Value
(000)
Euros 19.73%
Agence Francaise de Developpement 2.75% 9/30/2030
EUR3,000
$3,529
AIA Group, Ltd. 0.88% 9/9/2033 (5-year EUR Mid-Swap + 1.10% on 9/9/2028) (a)
18,460
20,127
AIB Group PLC 2.875% 5/30/2031 (5-year EUR Mid-Swap + 3.30% on 5/30/2026) (a)
2,300
2,705
Albania (Republic of) 4.75% 2/14/2035
14,200
16,741
Alpha Bank SA 6.875% 6/27/2029 (1-year EUR-ICE Swap EURIBOR + 3.793% on 6/27/2028) (a)
2,005
2,618
Alpha Bank SA 5.00% 5/12/2030 (1-year EUR-ICE Swap EURIBOR + 2.432% on 5/12/2029) (a)
1,480
1,857
Alpha Bank SA 5.50% 6/11/2031 (5-year EUR Mid-Swap + 5.823% on 6/11/2026) (a)
575
688
Altria Group, Inc. 2.20% 6/15/2027
4,275
5,034
American Medical Systems Europe BV 1.375% 3/8/2028
940
1,080
American Medical Systems Europe BV 3.25% 3/8/2034
3,020
3,516
American Tower Corp. 0.45% 1/15/2027
125
143
Amphenol Corp. 3.125% 6/16/2032
2,105
2,464
Anheuser-Busch InBev SA/NV 1.125% 7/1/2027
675
777
Anheuser-Busch InBev SA/NV 2.875% 4/2/2032
1,561
1,815
Arkema SA 4.80% perpetual bonds (5-year EUR-ICE Swap EURIBOR + 2.035% on 3/25/2029) (a)
1,800
2,194
AT&T, Inc. 2.05% 5/19/2032
6,250
6,812
AT&T, Inc. 3.60% 6/1/2033
2,350
2,792
AT&T, Inc. 4.30% 11/18/2034
1,450
1,794
AT&T, Inc. 3.15% 9/4/2036
965
1,073
AT&T, Inc. 2.60% 5/19/2038
685
698
Austria (Republic of) 3.45% 10/20/2030
630
779
Austria (Republic of) 0% 2/20/2031
12,975
13,298
Austria (Republic of) 0.90% 2/20/2032
1,238
1,305
Austria (Republic of) 2.90% 2/20/2034
670
791
Austria (Republic of) 0.75% 3/20/2051
80
51
Austria (Republic of) 3.80% 1/26/2062
120
147
Austria (Republic of) 0.70% 4/20/2071
200
86
Austria (Republic of) 1.50% 11/2/2086
30
17
Austria (Republic of) 2.10% 9/20/2117
50
36
Austria (Republic of) 0.85% 6/30/2120
50
19
Banco de Credito Social Cooperativo, SA 4.125% 9/3/2030 (1-year EUR-ICE Swap EURIBOR + 1.70% on
9/3/2029) (a)
6,800
8,284
Banco de Sabadell, SA 5.25% 2/7/2029 (1-year EUR Mid-Swap + 2.40% on 2/7/2028) (a)
11,800
14,763
Banco de Sabadell, SA 5.50% 9/8/2029 (1-year EUR-ICE Swap EURIBOR + 2.40% on 9/8/2028) (a)
5,000
6,370
Banco de Sabadell, SA 5.125% 6/27/2034 (5-year EUR Mid-Swap + 2.40% on 6/7/2029) (a)
5,000
6,183
Banco Santander, SA 3.25% 4/4/2026
7,200
8,532
Bank Gospodarstwa Krajowego 4.25% 9/13/2044
1,120
1,270
Bank Nederlandse Gemeenten NV 2.75% 4/5/2029
340
407
Bank Nederlandse Gemeenten NV 3.00% 4/23/2030
410
494
Bank of America Corp. 0.58% 8/8/2029 (3-month EUR-EURIBOR + 0.73% on 8/8/2028) (a)(b)
3,140
3,466
Bank of Ireland Group PLC 1.375% 8/11/2031 (5-year EUR Mid-Swap + 1.65% on 8/11/2026) (a)
4,000
4,642
Banque Federative du Credit Mutuel 3.875% 6/16/2032 (5-year EUR Mid-Swap + 2.20% on 6/16/2027) (a)
1,500
1,796
Barclays PLC 4.616% 3/26/2037 (5-year EUR Mid-Swap + 2.05% on 3/26/2032) (a)
5,000
6,013
Belgium (Kingdom of), Series 112, 2.70% 10/22/2029
610
729
Belgium (Kingdom of), Series 89, 0.10% 6/22/2030
585
614
Belgium (Kingdom of), Series 105, 2.60% 10/22/2030
1,970
2,329
Belgium (Kingdom of), Series 94, 0.35% 6/22/2032
465
465
Belgium (Kingdom of), Series 97, 3.00% 6/22/2033
6,180
7,338
Belgium (Kingdom of), Series 103, 3.10% 6/22/2035
1,275
1,496
Belgium (Kingdom of), Series 88, 1.70% 6/22/2050
19,200
14,798
Belgium (Kingdom of), Series 80, 2.15% 6/22/2066
70
52
Belgium (Kingdom of), Series 93, 0.65% 6/22/2071
60
22
BlackRock, Inc. 3.75% 7/18/2035
1,980
2,382
BNP Paribas SA 2.50% 3/31/2032 (1-year EUR Mid-Swap + 1.60% on 3/31/2027) (a)
1,500
1,754
BP Capital Markets PLC 1.231% 5/8/2031
2,200
2,338
BPCE SA 4.50% 1/13/2033
8,800
10,948
BPCE SA 4.875% 2/26/2036 (5-year EUR-ICE Swap EURIBOR + 2.30% on 2/26/2031) (a)
6,500
8,053
British American Tobacco PLC 3.00% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 3.372% on
12/27/2026) (a)
24,340
28,543
Bulgaria (Republic of) 4.50% 1/27/2033
2,788
3,569
Bulgaria (Republic of) 3.50% 5/7/2034
3,960
4,717
Bulgaria (Republic of) 4.125% 5/7/2038
1,260
1,514
Caisse d’Amortissement de la Dette Sociale 0% 2/25/2028
2,400
2,669
CaixaBank, SA 4.375% 8/8/2036 (5-year EUR-ICE Swap EURIBOR + 1.95% on 8/8/2031) (a)
13,500
16,308
 
Capital World Bond Fund
1

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Euros (continued)
Citigroup, Inc. 4.113% 4/29/2036 (3-month EUR-LIBOR + 1.582% on 4/29/2035) (a)(c)
EUR3,230
$3,889
Coca-Cola Co. 3.375% 8/15/2037
1,425
1,649
Comcast Corp. 0% 9/14/2026
6,650
7,619
Comcast Corp. 0.25% 5/20/2027
6,700
7,588
Comcast Corp. 0.25% 9/14/2029
3,705
3,940
Commerzbank AG 4.625% 1/17/2031 (3-month EUR-EURIBOR + 2.10% on 1/17/2030) (a)
6,800
8,464
Cote d’Ivoire (Republic of) 6.875% 10/17/2040
600
602
Croatia (Republic of) 3.25% 2/11/2037
7,080
8,175
Deutsche Bank AG 1.75% 11/19/2030 (3-month EUR-EURIBOR + 2.05% on 11/19/2029) (a)
25,900
28,632
Deutsche Telekom AG 3.25% 6/4/2035
11,572
13,470
Dow Chemical Co. (The) 1.125% 3/15/2032
1,000
1,022
Dow Chemical Co. (The) 1.875% 3/15/2040
500
433
E.ON SE 1.625% 3/29/2031
5,260
5,770
Eaton Capital Unlimited Co. 3.601% 5/21/2031
2,250
2,723
Eaton Capital Unlimited Co. 3.625% 5/9/2035
4,000
4,708
Eaton Capital Unlimited Co. 3.802% 5/21/2036
3,000
3,569
Electricite de France SA 4.25% 1/25/2032
9,400
11,604
Electricite de France SA 4.00% 5/7/2037
3,100
3,639
Electricite de France SA 2.625% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 2.86% on
6/1/2028) (a)
8,600
9,871
Electricite de France SA 2.875% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 3.373% on
3/15/2027) (a)
2,600
3,019
Electricite de France SA 3.00% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 3.198% on
12/3/2027) (a)
800
927
Electricite de France SA 3.375% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 3.97% on
9/15/2030) (a)
600
673
Enel Finance International NV 4.00% 2/20/2031
3,270
4,024
Engie SA 3.875% 1/6/2031
6,800
8,335
Equinix Europe 2 Financing Corp., LLC 3.65% 9/3/2033
6,070
7,095
Equinix, Inc. 0.25% 3/15/2027
3,695
4,189
Eurobank Ergasias Services and Holdings SA 10.00% 12/6/2032 (5-year EUR Mid-Swap +
7.588% on 12/6/2027) (a)
7,940
10,742
Eurobank Ergasias Services and Holdings SA 6.25% 4/25/2034 (5-year EUR Mid-Swap + 3.707% on 4/25/2029) (a)
2,850
3,613
Eurobank SA 5.875% 11/28/2029 (1-year EUR Mid-Swap + 2.83% on 11/28/2028) (a)
1,695
2,174
Eurobank SA 4.00% 9/24/2030 (1-year EUR Mid-Swap + 2.127% on 9/24/2029) (a)
297
359
Eurobank SA 4.875% 4/30/2031 (5-year EUR Mid-Swap + 2.165% on 4/30/2030) (a)
14,468
18,126
Eurobank SA 4.00% 2/7/2036 (1-year EUR-ICE Swap EURIBOR + 1.70% on 2/7/2035) (a)
9,980
11,555
European Investment Bank 0% 1/14/2031
2,020
2,075
European Investment Bank 0.25% 1/20/2032
19,400
19,637
European Investment Bank 1.50% 6/15/2032
6,160
6,734
European Investment Bank 2.875% 1/15/2035
2,810
3,309
European Union 0% 11/4/2025
350
410
European Union 0% 3/4/2026
3,590
4,177
European Union 2.875% 12/6/2027
3,590
4,309
European Union 0% 6/2/2028
19,680
21,816
European Union 2.625% 7/4/2028
8,820
10,526
European Union 0% 10/4/2028
800
878
European Union 2.875% 10/5/2029
2,170
2,608
European Union 0% 7/4/2031
4,680
4,725
European Union 0% 7/4/2035
1,355
1,181
European Union 3.375% 10/4/2039
1,905
2,222
European Union 3.75% 10/12/2045
4,590
5,426
European Union 2.625% 2/4/2048
400
394
European Union 3.375% 10/5/2054
5,250
5,637
Evonik Industries AG 1.375% 9/2/2081 (5-year EUR Mid-Swap + 1.836% on 12/2/2026) (a)
5,000
5,719
Finland (Republic of) 2.50% 4/15/2030
290
343
Finland (Republic of) 3.00% 9/15/2034
360
426
Finland (Republic of) 3.20% 4/15/2045
140
159
Finland (Republic of) 2.95% 4/15/2055
120
125
Ford Motor Credit Co., LLC 3.622% 7/27/2028
8,850
10,438
Ford Motor Credit Co., LLC 5.125% 2/20/2029
640
789
Ford Motor Credit Co., LLC 4.445% 2/14/2030
1,200
1,437
French Republic O.A.T. 0% 2/25/2027
2,000
2,282
French Republic O.A.T. 2.75% 2/25/2029
5,280
6,308
French Republic O.A.T. 0% 11/25/2030
75,900
77,772
French Republic O.A.T. 0% 11/25/2031
1,140
1,127
French Republic O.A.T. 0% 5/25/2032
320
310
French Republic O.A.T. 2.00% 11/25/2032
14,305
15,822
 
2
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Euros (continued)
French Republic O.A.T. 3.00% 5/25/2033
EUR2,585
$3,043
French Republic O.A.T. 1.25% 5/25/2034
71,360
71,836
French Republic O.A.T. 3.00% 11/25/2034
32,700
37,895
French Republic O.A.T. 1.25% 5/25/2038
490
442
French Republic O.A.T. 0.50% 5/25/2040
5,600
4,237
French Republic O.A.T. 4.50% 4/25/2041
60
78
French Republic O.A.T. 2.50% 5/25/2043
760
750
French Republic O.A.T. 0.75% 5/25/2052
2,720
1,523
French Republic O.A.T. 0.75% 5/25/2053
80
44
French Republic O.A.T. 3.25% 5/25/2055
1,130
1,151
French Republic O.A.T. 3.75% 5/25/2056
8,030
8,947
French Republic O.A.T. 1.75% 5/25/2066
150
96
French Republic O.A.T. 0.50% 5/25/2072
120
39
General Motors Financial Co., Inc. 4.00% 7/10/2030 (b)
2,200
2,660
German Government 3.25% 7/4/2042
320
392
Germany (Federal Republic of) 0% 10/9/2026
1,500
1,727
Germany (Federal Republic of) 0% 4/16/2027
5
6
Germany (Federal Republic of) 0% 11/15/2027
4,385
4,945
Germany (Federal Republic of) 2.20% 4/13/2028
1,820
2,161
Germany (Federal Republic of) 2.10% 11/15/2029
17,701
20,842
Germany (Federal Republic of) 0% 2/15/2030
127,800
136,711
Germany (Federal Republic of) 0% 8/15/2031
1,190
1,223
Germany (Federal Republic of) 0% 2/15/2032
1,950
1,973
Germany (Federal Republic of) 1.70% 8/15/2032
31,265
35,266
Germany (Federal Republic of) 2.30% 2/15/2033
2,000
2,337
Germany (Federal Republic of) 2.20% 2/15/2034
5,000
5,747
Germany (Federal Republic of) 2.50% 2/15/2035
93,710
109,494
Germany (Federal Republic of) 0% 5/15/2036
830
730
Germany (Federal Republic of) 1.00% 5/15/2038
730
692
Germany (Federal Republic of) 2.60% 5/15/2041
930
1,048
Germany (Federal Republic of) 2.50% 7/4/2044
330
362
Germany (Federal Republic of) 0% 8/15/2050
25,740
14,343
Germany (Federal Republic of) 1.80% 8/15/2053
410
369
Germany (Federal Republic of) 2.50% 8/15/2054
310
324
Greece (Hellenic Republic of) 3.875% 6/15/2028
9,760
12,036
Greece (Hellenic Republic of) 1.50% 6/18/2030
4,320
4,832
Greece (Hellenic Republic of) 0.75% 6/18/2031
9,150
9,599
Greece (Hellenic Republic of) 4.25% 6/15/2033
190
243
Greece (Hellenic Republic of) 3.375% 6/15/2034
41,320
49,486
Greece (Hellenic Republic of) 3.625% 6/15/2035
24,870
30,111
Greece (Hellenic Republic of) 4.375% 7/18/2038
1,250
1,587
Greece (Hellenic Republic of) 4.125% 6/15/2054
5,540
6,509
Grifols SA 3.875% 10/15/2028
250
282
Grifols SA 7.50% 5/1/2030
760
939
Heineken NV 4.125% 3/23/2035
970
1,195
Honeywell International, Inc. 0.75% 3/10/2032
1,990
2,009
Honeywell International, Inc. 4.125% 11/2/2034
2,000
2,463
Honeywell International, Inc. 3.75% 3/1/2036
1,000
1,174
Hungary (Republic of), Series Y, 4.00% 7/25/2029
390
472
Hungary (Republic of), Series Y, 4.50% 6/16/2034
2,700
3,215
Hungary (Republic of), Series Y, 4.875% 3/22/2040
2,135
2,466
ING Groep NV 5.25% 11/14/2033 (3-month EUR-EURIBOR + 2.15% on 11/14/2032) (a)
6,100
8,022
Intesa Sanpaolo SpA 5.625% 3/8/2033
3,000
4,009
Ireland (Republic of) 0.20% 5/15/2027
30
34
Ireland (Republic of) 2.60% 10/18/2034
3,840
4,413
Ireland (Republic of) 3.00% 10/18/2043
6,740
7,564
Ireland (Republic of) 1.50% 5/15/2050
1,645
1,328
Ireland (Republic of) 3.15% 10/18/2055
290
318
Italy (Republic of) 1.10% 4/1/2027
18,070
20,963
Italy (Republic of) 0.25% 3/15/2028
6,660
7,462
Italy (Republic of) 2.65% 6/15/2028
1,140
1,359
Italy (Republic of) 2.80% 12/1/2028
28,044
33,657
Italy (Republic of) 3.35% 7/1/2029
3,080
3,750
Italy (Republic of) 1.35% 4/1/2030
690
770
Italy (Republic of) 2.95% 7/1/2030
620
740
Italy (Republic of) 2.70% 10/1/2030
10,495
12,345
Italy (Republic of) 1.65% 12/1/2030
10,580
11,804
Italy (Republic of) 3.50% 2/15/2031
650
793
 
Capital World Bond Fund
3

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Euros (continued)
Italy (Republic of) 0.90% 4/1/2031
EUR7,310
$7,759
Italy (Republic of) 3.45% 7/15/2031
780
948
Italy (Republic of) 3.15% 11/15/2031
830
990
Italy (Republic of) 0.95% 12/1/2031
11,950
12,497
Italy (Republic of) 2.50% 12/1/2032
460
523
Italy (Republic of) 4.20% 3/1/2034
10,813
13,658
Italy (Republic of) 3.65% 8/1/2035
21,430
25,705
Italy (Republic of) 1.45% 3/1/2036
4,060
3,926
Italy (Republic of) 3.85% 10/1/2040
17,390
20,409
Italy (Republic of) 4.45% 9/1/2043
2,040
2,544
Italy (Republic of) 4.10% 4/30/2046
650
775
Italy (Republic of) 1.70% 9/1/2051
140
103
Italy (Republic of) 4.50% 10/1/2053
270
331
Italy (Republic of) 4.30% 10/1/2054
29,130
34,421
Italy (Republic of) 2.80% 3/1/2067
90
77
Italy (Republic of) 2.15% 3/1/2072
60
42
Johnson & Johnson 3.35% 2/26/2037
2,550
2,980
Johnson Controls International PLC 3.125% 12/11/2033
2,000
2,289
KfW 2.375% 4/11/2028
2,670
3,168
Linde PLC 3.00% 2/18/2033 (b)
1,000
1,163
Lithuania (Republic of) 3.50% 7/3/2031
8,610
10,485
Lloyds Banking Group PLC 3.875% 5/14/2032 (1-year EUR-ICE Swap EURIBOR + 1.18% on 5/14/2031) (a)
438
530
Luxembourg (Grand Duchy of) 0% 9/14/2032
271
263
Magyar Export-Import Bank 6.00% 5/16/2029
3,130
3,984
McDonald’s Corp. 4.00% 3/7/2030 (b)
1,100
1,357
Medtronic Global Holdings SCA 1.00% 7/2/2031
7,720
8,086
MFB Magyar Fejlesztesi Bank Zartkoruen Mukodo Reszvenytarsasag 4.375% 6/27/2030
4,025
4,809
Morocco (Kingdom of) 4.75% 4/2/2035
900
1,064
MPT Finance Corp. 7.00% 2/15/2032
675
816
MPT Operating Partnership, LP 0.993% 10/15/2026
225
246
Nasdaq, Inc. 4.50% 2/15/2032
3,980
5,002
National Bank of Greece SA 8.00% 1/3/2034 (5-year EUR-ICE Swap EURIBOR + 4.646% on 1/3/2029) (a)
4,635
6,157
NatWest Group PLC 0.78% 2/26/2030 (3-month EUR-EURIBOR + 0.949% on 2/26/2029) (a)
8,365
9,138
NatWest Group PLC 1.043% 9/14/2032 (5-year EUR Mid-Swap + 1.27% on 9/14/2027) (a)
1,190
1,349
Netherlands (Kingdom of the) 2.50% 7/15/2035
680
780
Netherlands (Kingdom of the) 3.75% 1/15/2042
150
192
Netherlands (Kingdom of the) 3.25% 1/15/2044
240
288
Netherlands (Kingdom of the) 2.75% 1/15/2047
180
199
Netherlands (Kingdom of the) 2.00% 1/15/2054
260
238
Orange 2.00% 1/15/2029
400
463
Orange 3.875% 9/11/2035
6,100
7,375
Philip Morris International, Inc. 2.75% 6/6/2029
970
1,135
Philip Morris International, Inc. 3.75% 1/15/2031
1,700
2,069
Philip Morris International, Inc. 0.80% 8/1/2031
4,800
4,907
Philippines (Republic of) 0.70% 2/3/2029
3,480
3,806
Piraeus Bank SA 6.75% 12/5/2029 (1-year EUR Mid-Swap + 3.837% on 12/5/2028) (a)
2,460
3,218
Piraeus Bank SA 5.00% 4/16/2030 (1-year EUR-ICE Swap EURIBOR + 2.245% on 4/16/2029) (a)
3,930
4,909
Portugal (Republic of) 2.125% 10/17/2028
1,140
1,347
Portugal (Republic of) 1.95% 6/15/2029
60
70
Portugal (Republic of) 3.875% 2/15/2030
320
403
Portugal (Republic of) 0.475% 10/18/2030
2,150
2,297
Portugal (Republic of) 2.875% 10/20/2034
1,280
1,499
Portugal (Republic of) 3.00% 6/15/2035
14,070
16,519
Portugal (Republic of) 3.50% 6/18/2038
5,340
6,414
Portugal (Republic of) 3.375% 6/15/2040
4,850
5,643
Portugal (Republic of) 3.625% 6/12/2054
350
397
Prologis Euro Finance, LLC 3.875% 1/31/2030
175
213
Prologis Euro Finance, LLC 4.625% 5/23/2033
425
539
Prologis Euro Finance, LLC 4.25% 1/31/2043
1,600
1,878
Province of Ontario 3.25% 7/3/2035
6,790
7,989
Prysmian SpA 3.875% 11/28/2031
3,000
3,607
Quebec (Province of) 0.25% 5/5/2031
5,980
6,109
Quebec (Province of) 0.50% 1/25/2032
7,700
7,802
Quebec (Province of) 3.35% 7/23/2039
12,870
14,836
Queensland Treasury Corp. 3.25% 5/21/2035
2,425
2,857
Romania 3.624% 5/26/2030
4,599
5,154
Romania 5.375% 3/22/2031
2,839
3,359
Romania 5.625% 5/30/2037
1,975
2,196
 
4
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Euros (continued)
Romania 5.625% 5/30/2037
EUR1,516
$1,686
Saudi Arabia (Kingdom of) 3.75% 3/5/2037
2,960
3,404
Senegal (Republic of) 5.375% 6/8/2037
16,185
11,804
Severn Trent Utilities Finance PLC 4.00% 3/5/2034
3,340
4,024
Severn Trent Utilities Finance PLC 3.875% 8/4/2035
4,702
5,578
Spain (Kingdom of) 0% 1/31/2027
7,212
8,244
Spain (Kingdom of) 0.80% 7/30/2027
13,890
15,972
Spain (Kingdom of) 0% 1/31/2028
2,370
2,648
Spain (Kingdom of) 2.40% 5/31/2028
710
842
Spain (Kingdom of) 1.40% 7/30/2028
43,465
50,054
Spain (Kingdom of) 1.45% 4/30/2029
10,215
11,663
Spain (Kingdom of) 2.70% 1/31/2030
1,600
1,905
Spain (Kingdom of) 1.25% 10/31/2030
1,381
1,522
Spain (Kingdom of) 0.50% 10/31/2031
478
492
Spain (Kingdom of) 0.70% 4/30/2032
2,073
2,130
Spain (Kingdom of) 3.15% 4/30/2033
9,075
10,867
Spain (Kingdom of) 3.55% 10/31/2033
26,626
32,654
Spain (Kingdom of) 3.25% 4/30/2034
4,410
5,272
Spain (Kingdom of) 3.45% 10/31/2034
1,185
1,434
Spain (Kingdom of) 1.85% 7/30/2035
130
136
Spain (Kingdom of) 3.20% 10/31/2035
12,293
14,447
Spain (Kingdom of) 3.90% 7/30/2039
3,942
4,818
Spain (Kingdom of) 3.45% 7/30/2043
1,365
1,542
Spain (Kingdom of) 2.70% 10/31/2048
5,875
5,712
Spain (Kingdom of) 1.90% 10/31/2052
2,680
2,092
Spain (Kingdom of) 4.00% 10/31/2054
1,140
1,340
State Grid Overseas Investment (2016), Ltd. 2.125% 5/2/2030
800
920
Stryker Corp. 0.75% 3/1/2029
5,230
5,746
Stryker Corp. 1.00% 12/3/2031
2,410
2,491
Takeda Pharmaceutical Co., Ltd. 0.75% 7/9/2027
3,230
3,676
T-Mobile USA, Inc. 3.85% 5/8/2036
1,400
1,660
T-Mobile USA, Inc. 3.50% 2/11/2037
1,180
1,337
T-Mobile USA, Inc. 3.80% 2/11/2045
840
917
Verallia SAS 3.875% 11/4/2032
33,900
39,829
Veralto Corp. 4.15% 9/19/2031
1,000
1,228
Verizon Communications, Inc. 1.25% 4/8/2030
6,000
6,555
Verizon Communications, Inc. 4.75% 10/31/2034
1,760
2,251
Verizon Communications, Inc. 3.75% 2/28/2036
790
932
Wells Fargo & Co. 3.90% 7/22/2032 (3-month EUR-EURIBOR + 1.22% on 7/22/2031) (a)(b)
10,345
12,558
 
2,001,228
 
Japanese yen 8.15%
Indonesia (Republic of), Series 20, 0.57% 5/27/2026
JPY700,000
4,835
Indonesia (Republic of), Series 31, 0.99% 5/27/2027
1,900,000
13,106
Indonesia (Republic of), Series 32, 1.33% 5/25/2029
2,000,000
13,737
Japan, Series 341, 0.30% 12/20/2025
2,274,300
15,782
Japan, Series 346, 0.10% 3/20/2027
2,907,900
19,994
Japan, Series 347, 0.10% 6/20/2027
1,000,000
6,861
Japan, Series 352, 0.10% 9/20/2028
4,711,250
31,979
Japan, Series 358, 0.10% 3/20/2030
1,035,600
6,902
Japan, Series 26, 0.005% 3/10/2031 (d)
1,326,198
9,829
Japan, Series 362, 0.10% 3/20/2031
902,700
5,946
Japan, Series 363, 0.10% 6/20/2031
500,000
3,283
Japan, Series 374, 0.80% 3/20/2034
500,000
3,329
Japan, Series 152, 1.20% 3/20/2035
9,261,650
62,988
Japan, Series 161, 0.60% 6/20/2037
1,581,700
9,688
Japan, Series 162, 0.60% 9/20/2037
2,020,000
12,300
Japan, Series 173, 0.40% 6/20/2040
2,385,650
13,127
Japan, Series 176, 0.50% 3/20/2041
741,900
4,062
Japan, Series 182, 1.10% 9/20/2042
4,065,000
23,798
Japan, Series 185, 1.10% 6/20/2043
942,700
5,438
Japan, Series 186, 1.50% 9/20/2043
6,419,100
39,498
Japan, Series 187, 1.30% 12/20/2043
523,600
3,101
Japan, Series 188, 1.60% 3/20/2044
500,000
3,105
Japan, Series 192, 2.40% 3/20/2045
43,291,600
302,820
Japan, Series 53, 0.60% 12/20/2046
6,486,800
31,322
 
Capital World Bond Fund
5

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Japanese yen (continued)
Japan, Series 37, 0.60% 6/20/2050
JPY5,218,850
$22,869
Japan, Series 70, 0.70% 3/20/2051
2,521,150
11,103
Japan, Series 73, 0.70% 12/20/2051
6,733,600
29,037
Japan, Series 74, 1.00% 3/20/2052
1,353,400
6,327
Japan, Series 76, 1.40% 9/20/2052
105,000
542
Japan, Series 77, 1.60% 12/20/2052
1,894,250
10,240
Japan, Series 79, 1.20% 6/20/2053
3,636,550
17,576
Japan, Series 81, 1.60% 12/20/2053
2,352,150
12,523
Japan, Series 84, 2.10% 9/20/2054
10,896,600
64,995
Japan, Series 86, 2.40% 3/20/2055
720,600
4,596
 
826,638
 
British pounds 3.53%
Abertis Infraestructuras, SA 3.375% 11/27/2026
GBP4,500
6,053
Banco Santander, SA 5.50% 6/11/2029
7,600
10,685
Credit Agricole SA 5.375% 1/15/2029 (1-year GBP-GILT + 1.65% on 1/15/2028) (a)
5,900
8,222
Dexia 4.125% 7/22/2027
2,200
3,018
Electricite de France SA 5.50% 3/27/2037
6,000
7,841
Fiserv, Inc. 2.25% 7/1/2025
150
206
Ford Motor Credit Co., LLC 5.625% 10/9/2028
4,280
5,872
KfW 1.125% 7/4/2025
6,625
9,093
Landwirtschaftliche Rentenbank 4.375% 1/10/2030
600
834
Lloyds Banking Group PLC 2.707% 12/3/2035 (5-year GBP-GILT + 2.40% on 12/3/2030) (a)
7,000
8,360
Oesterreichische Kontrollbank Aktiengesellschaft 4.50% 10/22/2029
600
838
Quebec (Province of) 2.25% 9/15/2026
18,480
24,815
United Kingdom 3.75% 3/7/2027
4,640
6,363
United Kingdom 1.25% 7/22/2027
16,940
22,140
United Kingdom 4.25% 12/7/2027
9,590
13,350
United Kingdom 4.50% 6/7/2028
8,690
12,158
United Kingdom 1.625% 10/22/2028
20,610
26,508
United Kingdom 4.125% 7/22/2029
13,700
18,985
United Kingdom 0.875% 10/22/2029
660
803
United Kingdom 4.375% 3/7/2030
170
238
United Kingdom 0.25% 7/31/2031
15,400
16,956
United Kingdom 1.00% 1/31/2032
45,590
51,519
United Kingdom 4.25% 6/7/2032
8,900
12,326
United Kingdom 3.25% 1/31/2033
4,230
5,432
United Kingdom 4.50% 3/7/2035
1,710
2,349
United Kingdom 0.625% 7/31/2035
1,708
1,616
United Kingdom 3.75% 1/29/2038
2,320
2,889
United Kingdom 1.125% 1/31/2039
1,200
1,052
United Kingdom 4.375% 1/31/2040
780
1,012
United Kingdom 1.25% 10/22/2041
550
444
United Kingdom 4.75% 10/22/2043
470
617
United Kingdom 1.75% 1/22/2049
610
448
United Kingdom 0.625% 10/22/2050
260
131
United Kingdom 1.25% 7/31/2051
24,790
14,884
United Kingdom 1.50% 7/31/2053
440
274
United Kingdom 3.75% 10/22/2053
3,090
3,294
United Kingdom 4.375% 7/31/2054
31,150
37,050
United Kingdom 5.375% 1/31/2056
100
139
United Kingdom 1.75% 7/22/2057
410
263
United Kingdom 0.50% 10/22/2061
210
75
United Kingdom 4.00% 10/22/2063
300
328
United Kingdom 2.50% 7/22/2065
22,070
16,807
United Kingdom 3.50% 7/22/2068
170
167
United Kingdom 1.625% 10/22/2071
200
111
United Kingdom 1.125% 10/22/2073
90
40
Vodafone Group PLC 5.625% 12/4/2025
540
744
Volkswagen International Finance NV 3.375% 11/16/2026
700
943
 
358,292
 
 
6
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Brazilian reais 2.71%
Brazil (Federative Republic of) 10.00% 1/1/2027
BRL2,865
$500
Brazil (Federative Republic of) 10.00% 1/1/2029
226,300
38,238
Brazil (Federative Republic of) 0% 1/1/2030
34,000
3,564
Brazil (Federative Republic of) 10.00% 1/1/2031
769,985
124,431
Brazil (Federative Republic of) 10.00% 1/1/2033
20,000
3,132
Brazil (Federative Republic of) 10.00% 1/1/2035
475,700
72,270
Brazil (Federative Republic of) 6.00% 8/15/2040 (d)
12,306
2,054
Brazil (Federative Republic of) 6.00% 8/15/2050 (d)
175,608
28,745
Brazil (Federative Republic of) 6.00% 8/15/2060 (d)
12,306
1,985
 
274,919
 
Chinese yuan renminbi 1.92%
China (People’s Republic of), Series INBK, 2.69% 8/12/2026
CNY99,400
14,084
China (People’s Republic of), Series INBK, 2.48% 4/15/2027
420
60
China (People’s Republic of), Series INBK, 2.37% 1/15/2029
181,000
26,050
China (People’s Republic of), Series 1915, 3.13% 11/21/2029
75,090
11,241
China (People’s Republic of), Series INBK, 2.75% 2/17/2032
47,600
7,114
China (People’s Republic of), Series INBK, 1.57% 5/15/2032
233,950
32,537
China (People’s Republic of), Series INBK, 2.88% 2/25/2033
42,140
6,409
China (People’s Republic of), Series INBK, 2.67% 11/25/2033
36,000
5,411
China (People’s Republic of), Series INBK, 2.27% 5/25/2034
269,110
39,367
China (People’s Republic of), Series INBK, 2.33% 8/15/2044
39,000
5,800
China (People’s Republic of), Series 1910, 3.86% 7/22/2049
13,170
2,515
China (People’s Republic of), Series INBK, 3.39% 3/16/2050
16,400
2,939
China (People’s Republic of), Series INBK, 3.19% 4/15/2053
52,140
9,220
China (People’s Republic of), Series INBK, 3.00% 10/15/2053
13,010
2,258
China (People’s Republic of), Series INBK, 2.47% 7/25/2054
1,710
266
China (People’s Republic of), Series INBK, 1.92% 1/15/2055
198,520
27,756
China Development Bank Corp., Series 2004, 3.43% 1/14/2027
9,380
1,346
 
194,373
 
Australian dollars 1.83%
Australia (Commonwealth of), Series 157, 1.50% 6/21/2031
AUD20,000
11,664
Australia (Commonwealth of), Series 166, 3.00% 11/21/2033
4,849
2,964
Australia (Commonwealth of), Series 167, 3.75% 5/21/2034
36,250
23,324
Australia (Commonwealth of), Series 145, 2.75% 6/21/2035
3,026
1,764
Australia (Commonwealth of), Series 162, 1.75% 6/21/2051
884
316
New South Wales Treasury Corp. 4.75% 2/20/2035
79,650
52,334
New South Wales Treasury Corp. 4.75% 9/20/2035
29,600
19,362
New South Wales Treasury Corp. 4.25% 2/20/2036
89,113
55,354
New South Wales Treasury Corp. 5.25% 2/24/2038
28,089
18,606
Suncorp Group, Ltd. (3-month AUD-BBSW + 2.65%) 6.355% 12/1/2038 (e)
450
304
 
185,992
 
Malaysian ringgits 1.58%
Malaysia (Federation of), Series 0218, 4.369% 10/31/2028
MYR2,545
626
Malaysia (Federation of), Series 0220, 2.632% 4/15/2031
1,753
400
Malaysia (Federation of), Series 0122, 3.582% 7/15/2032
14,000
3,364
Malaysia (Federation of), Series 0419, 3.828% 7/5/2034
198,453
48,273
Malaysia (Federation of), Series 0317, 4.762% 4/7/2037
15,220
4,008
Malaysia (Federation of), Series 0124, 4.054% 4/18/2039
43,036
10,629
Malaysia (Federation of), Series 0219, 4.467% 9/15/2039
5,000
1,285
Malaysia (Federation of), Series 0519, 3.757% 5/22/2040
10,030
2,390
Malaysia (Federation of), Series 0221, 4.417% 9/30/2041
18,546
4,748
Malaysia (Federation of), Series 0223, 4.291% 8/14/2043
62,296
15,748
Malaysia (Federation of), Series 0224, 4.18% 5/16/2044
257,980
64,618
Malaysia (Federation of), Series 0417, 4.895% 5/8/2047
8,880
2,395
Malaysia (Federation of), Series 0120, 4.065% 6/15/2050
2,750
660
Malaysia (Federation of), Series 0123, 4.457% 3/31/2053
3,500
893
 
160,037
 
 
Capital World Bond Fund
7

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Canadian dollars 1.38%
Canada (Government) 3.00% 2/1/2027
CAD3,000
$2,217
Canada (Government) 3.50% 3/1/2028
129,139
96,884
Canada (Government) 1.50% 12/1/2031
32,390
21,696
Canada (Government) 2.75% 12/1/2048
22,100
14,179
Canada Housing Trust 2.85% 6/15/2030
2,980
2,176
Province of Newfoundland Canada 4.00% 6/2/2035
1,500
1,104
Province of Ontario 3.95% 12/2/2035
1,500
1,108
 
139,364
 
Indian rupees 1.28%
Asian Development Bank 6.72% 2/8/2028
INR918,700
10,824
European Bank for Reconstruction and Development 5.25% 1/12/2027
516,700
5,917
European Bank for Reconstruction and Development 6.30% 10/26/2027
215,800
2,511
European Bank for Reconstruction and Development 6.75% 1/13/2032
4,439,700
52,330
European Investment Bank 6.95% 3/1/2029
378,300
4,472
European Investment Bank 7.40% 10/23/2033
1,194,200
14,678
Export-Import Bank of Korea 7.40% 2/5/2030
17,500
204
Export-Import Bank of Korea 8.10% 10/16/2030
33,100
403
India (Republic of) 7.18% 7/24/2037
104,190
1,273
India (Republic of) 7.06% 10/10/2046
231,870
2,760
India (Republic of) 7.30% 6/19/2053
495,940
5,998
India (Republic of) 7.09% 8/5/2054
50,000
589
Inter-American Development Bank 7.35% 10/6/2030
186,000
2,239
Inter-American Development Bank 7.00% 4/17/2033
702,000
8,379
International Bank for Reconstruction and Development 6.75% 9/8/2027
802,400
9,422
International Bank for Reconstruction and Development 6.85% 4/24/2028
207,000
2,443
Korea Development Bank 6.75% 7/1/2030
465,000
5,377
 
129,819
 
South Korean won 1.27%
South Korea (Republic of), Series 2712, 2.375% 12/10/2027
KRW28,587,150
21,145
South Korea (Republic of), Series 3106, 2.00% 6/10/2031
13,008,450
9,285
South Korea (Republic of), Series 3212, 4.25% 12/10/2032
117,729,040
95,998
South Korea (Republic of), Series 4409, 2.875% 9/10/2044
2,000,000
1,498
South Korea (Republic of), Series 6809, 2.00% 9/10/2068
2,000,000
1,235
 
129,161
 
Mexican pesos 1.09%
America Movil, SAB de CV, 10.125% 1/22/2029
MXN13,900
763
America Movil, SAB de CV, 9.50% 1/27/2031
197,610
10,567
America Movil, SAB de CV, 8.46% 12/18/2036
15,000
699
United Mexican States, Series M, 7.50% 6/3/2027
1,700
90
United Mexican States, Series M20, 8.50% 5/31/2029
65,680
3,491
United Mexican States, Series M, 7.75% 5/29/2031
52,296
2,657
United Mexican States, Series S, 2.75% 11/27/2031 (d)
30,593
1,444
United Mexican States, Series M, 7.50% 5/26/2033
35,570
1,732
United Mexican States, Series M30, 10.00% 11/20/2036
16,220
908
United Mexican States, Series M, 7.75% 11/13/2042
655,290
28,965
United Mexican States, Series M, 8.00% 11/7/2047
72,381
3,205
United Mexican States, Series M, 8.00% 7/31/2053
1,269,630
55,692
 
110,213
 
Danish kroner 0.58%
Denmark (Kingdom of) 2.25% 11/15/2033
DKK1,650
258
Denmark (Kingdom of) 4.50% 11/15/2039
830
158
Denmark (Kingdom of) 0.25% 11/15/2052
590
49
Nykredit Realkredit AS, Series 01E, 2.00% 7/1/2037 (f)
13,185
1,993
Nykredit Realkredit AS, Series 01E, 1.50% 10/1/2040 (f)
83,261
11,879
Nykredit Realkredit AS, Series 01E, 0.50% 10/1/2043 (f)
207,607
26,919
Nykredit Realkredit AS, Series 01E, 2.50% 10/1/2047 (f)
6,663
980
 
8
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Danish kroner (continued)
Nykredit Realkredit AS, Series CCE, 1.00% 10/1/2050 (f)
DKK48,480
$5,985
Nykredit Realkredit AS, Series 01E, 1.00% 10/1/2053 (f)
67,769
8,348
Realkredit Danmark AS 1.00% 10/1/2053 (f)
18,505
2,280
 
58,849
 
Norwegian kroner 0.55%
Norway (Kingdom of) 3.625% 4/13/2034
NOK222,720
21,827
Norway (Kingdom of) 3.75% 6/12/2035
345,120
34,089
 
55,916
 
Indonesian rupiah 0.54%
Indonesia (Republic of), Series 64, 6.125% 5/15/2028
IDR2,386,000
147
Indonesia (Republic of), Series 95, 6.375% 8/15/2028
23,973,000
1,484
Indonesia (Republic of), Series 71, 9.00% 3/15/2029
170,772,000
11,475
Indonesia (Republic of), Series 101, 6.875% 4/15/2029
40,000,000
2,514
Indonesia (Republic of), Series 78, 8.25% 5/15/2029
89,342,000
5,878
Indonesia (Republic of), Series 104, 6.50% 7/15/2030
9,772,000
607
Indonesia (Republic of), Series 91, 6.375% 4/15/2032
44,793,000
2,738
Indonesia (Republic of), Series 96, 7.00% 2/15/2033
258,118,000
16,273
Indonesia (Republic of), Series FR100, 6.625% 2/15/2034
160,502,000
9,877
Indonesia (Republic of), Series 68, 8.375% 3/15/2034
29,000
2
Indonesia (Republic of), Series 79, 8.375% 4/15/2039
43,000,000
2,992
Indonesia (Republic of), Series FR92, 7.125% 6/15/2042
16,300,000
1,017
 
55,004
 
Polish zloty 0.22%
Poland (Republic of), Series 1029, 2.75% 10/25/2029
PLN26,990
6,914
Poland (Republic of), Series 0432, 1.75% 4/25/2032
6,166
1,381
Poland (Republic of), Series 1033, 6.00% 10/25/2033
44,930
13,001
Poland (Republic of), Series 1034, 5.00% 10/25/2034
5,017
1,350
 
22,646
 
South African rand 0.21%
South Africa (Republic of), Series R-2030, 8.00% 1/31/2030
ZAR11,548
642
South Africa (Republic of), Series R-2032, 8.25% 3/31/2032
16,952
916
South Africa (Republic of), Series R-2035, 8.875% 2/28/2035
63,040
3,334
South Africa (Republic of), Series R-2040, 9.00% 1/31/2040
33,145
1,621
South Africa (Republic of), Series R-214, 6.50% 2/28/2041
277,905
10,624
South Africa (Republic of), Series R-2048, 8.75% 2/28/2048
93,820
4,259
 
21,396
 
Czech korunas 0.14%
Czech Republic 6.00% 2/26/2026
CZK163,430
7,923
Czech Republic 0.95% 5/15/2030
32,350
1,352
Czech Republic 1.20% 3/13/2031
28,560
1,180
Czech Republic 1.75% 6/23/2032
15,900
659
Czech Republic 4.90% 4/14/2034
45,970
2,311
Czech Republic 1.95% 7/30/2037
9,140
337
 
13,762
 
Thai baht 0.10%
Thailand (Kingdom of) 3.35% 6/17/2033
THB26,000
907
Thailand (Kingdom of) 1.585% 12/17/2035
65,000
2,004
Thailand (Kingdom of) 2.00% 6/17/2042
40,078
1,241
Thailand (Kingdom of) 3.45% 6/17/2043
79,264
2,952
Thailand (Kingdom of) 4.00% 6/17/2055
81,000
3,422
 
10,526
 
 
Capital World Bond Fund
9

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
Colombian pesos 0.09%
Colombia (Republic of), Series B, 7.00% 3/26/2031
COP23,267,300
$4,623
Colombia (Republic of), Series B, 7.00% 6/30/2032
643,700
121
Colombia (Republic of), Series B, 13.25% 2/9/2033
2,400,400
616
Colombia (Republic of), Series B, 7.25% 10/18/2034
7,817,400
1,401
Colombia (Republic of), Series B, 7.25% 10/26/2050
18,792,900
2,764
 
9,525
 
Turkish lira 0.06%
Turkey (Republic of), Series 5Y, 12.60% 10/1/2025
TRY3,758
89
Turkey (Republic of) 36.00% 8/12/2026
143,370
3,521
Turkey (Republic of) 50.44% 6/16/2027 (e)
53,960
1,349
Turkey (Republic of), Series 5Y, 17.30% 7/19/2028
84,460
1,501
 
6,460
 
Hungarian forints 0.04%
Hungary (Republic of), Series A, 6.75% 10/22/2028
HUF729,240
2,173
Hungary (Republic of), Series A, 2.00% 5/23/2029
536,150
1,350
Hungary (Republic of), Series A, 4.75% 11/24/2032
254,550
666
 
4,189
 
Peruvian nuevos soles 0.03%
Peru (Republic of) 6.85% 8/12/2035
PEN10,274
2,987
Peru (Republic of) 7.60% 8/12/2039
1,002
301
 
3,288
 
Egyptian pounds 0.03%
Egypt (Arab Republic of) 25.318% 8/13/2027
EGP50,725
1,045
Egypt (Arab Republic of) 24.458% 10/1/2027
94,950
1,937
 
2,982
 
Romanian leu 0.02%
Romania 3.65% 7/28/2025
RON6,530
1,512
 
New Zealand dollars 0.01%
New Zealand 2.00% 5/15/2032
NZD1,350
715
New Zealand 4.50% 5/15/2035
654
397
New Zealand 4.25% 5/15/2036
30
18
New Zealand 5.00% 5/15/2054
192
113
 
1,243
 
Kazakhstani tenge 0.01%
Development Bank of Kazakhstan JSC 10.95% 5/6/2026
KZT500,000
927
 
Chilean pesos 0.01%
Chile (Republic of) 6.00% 4/1/2033
CLP520,000
573
 
Swedish kronor 0.00%
Sweden (Kingdom of) 2.25% 5/11/2035
SEK1,990
211
Sweden (Kingdom of) 1.375% 6/23/2071
540
37
 
248
 
Ukrainian hryvnia 0.00%
Ukraine 15.09% 2/4/2026
UAH1,747
38
Ukraine 15.20% 4/29/2026
1,770
38
Ukraine 15.10% 6/24/2026
1,298
28
 
104
 
10
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
 
U.S. dollars 48.02%
1261229 B.C., Ltd. 10.00% 4/15/2032 (g)
USD1,280
$1,292
200 Park Funding Trust 5.74% 2/15/2055 (g)
3,000
2,962
3R Lux SARL 9.75% 2/5/2031 (g)
275
278
AAR Escrow Issuer, LLC 6.75% 3/15/2029 (g)
167
173
AbbVie, Inc. 5.05% 3/15/2034
12,931
13,171
AbbVie, Inc. 5.40% 3/15/2054
4,500
4,379
Abu Dhabi Crude Oil Pipeline, LLC 4.60% 11/2/2047
3,000
2,686
ACHV ABS Trust, Series 2024-3AL, Class C, 5.68% 12/26/2031 (f)(g)
703
704
Acuris Finance US, Inc. 9.00% 8/1/2029 (g)
700
718
AdaptHealth, LLC 5.125% 3/1/2030 (g)
170
162
Adnoc Murban Rsc, Ltd. 4.50% 9/11/2034 (g)
9,000
8,799
Adobe, Inc. 2.15% 2/1/2027
6,134
5,966
AEP Transmission Co., LLC 5.375% 6/15/2035
275
281
Aero Capital Solutions, Inc., Term Loan, (1-month USD CME Term SOFR + 3.00%)
7.61% 11/17/2029 (e)(g)(h)(i)
3,342
3,317
Aeropuerto Internacional de Tocumen, SA 5.125% 8/11/2061 (g)
4,875
3,437
AG Issuer, LLC 6.25% 3/1/2028 (g)
762
763
AG TTMT Escrow Issuer, LLC 8.625% 9/30/2027 (g)
350
363
AIB Group PLC 5.871% 3/28/2035 (USD-SOFR + 1.91% on 3/28/2034) (a)(g)
8,388
8,654
Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 5.614%) 9.935%
3/11/2030 (e)(h)(i)
36
36
Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 7.614%) 6.00% PIK and
5.947% Cash 3/11/2030 (e)(h)(i)(j)
33
33
Albertsons Cos., Inc. 3.50% 3/15/2029 (g)
500
474
Albion Financing 1 SARL 7.00% 5/21/2030 (g)
1,025
1,049
Alera Group Intermediate Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.50%) 9.824%
5/15/2033 (e)(i)
440
449
Alibaba Group Holding, Ltd. 5.25% 5/26/2035 (g)
695
703
Alibaba Group Holding, Ltd. 4.00% 12/6/2037
400
353
Alibaba Group Holding, Ltd. 2.70% 2/9/2041
600
419
Alibaba Group Holding, Ltd. 4.20% 12/6/2047
500
403
Alibaba Group Holding, Ltd. 5.625% 11/26/2054 (g)
200
196
Allegro CLO, Ltd., Series 2019-1, Class ARR, (3-month USD CME Term SOFR + 1.13%) 5.399% 4/20/2032 (e)(f)(g)
3,582
3,584
Alliance Resource Operating Partners, LP 8.625% 6/15/2029 (g)
102
108
Alliant Holdings Intermediate, LLC 6.75% 10/15/2027 (g)
997
998
Alliant Holdings Intermediate, LLC 5.875% 11/1/2029 (g)
788
777
Alliant Holdings Intermediate, LLC 7.00% 1/15/2031 (g)
990
1,025
Alliant Holdings Intermediate, LLC 6.50% 10/1/2031 (g)
425
433
Alliant Holdings Intermediate, LLC 7.375% 10/1/2032 (g)
610
630
Allied Universal Holdco, LLC 4.625% 6/1/2028 (g)
550
534
Allied Universal Holdco, LLC 6.00% 6/1/2029 (g)
240
234
Allwyn Entertainment Financing (UK) PLC 7.875% 4/30/2029 (g)
200
209
Ambipar Lux SARL 10.875% 2/5/2033 (g)
200
190
Amentum Holdings, Inc. 7.25% 8/1/2032 (g)
495
510
American Airlines, Inc. 8.50% 5/15/2029 (g)
580
609
American Express Co. 5.532% 4/25/2030 (USD-SOFR + 1.09% on 4/25/2029) (a)
6,675
6,940
American Express Co. 5.284% 7/26/2035 (USD-SOFR + 1.42% on 7/26/2034) (a)
2,400
2,431
American Express Co. 5.667% 4/25/2036 (USD-SOFR + 1.79% on 4/25/2035) (a)
1,825
1,891
American International Group, Inc. 4.85% 5/7/2030
145
147
American International Group, Inc. 5.125% 3/27/2033
289
294
American International Group, Inc. 5.45% 5/7/2035
2,749
2,820
American International Group, Inc. 4.375% 6/30/2050
1,773
1,486
Amgen, Inc. 2.20% 2/21/2027
1,179
1,141
Amgen, Inc. 2.00% 1/15/2032
5,845
4,986
Amgen, Inc. 4.20% 3/1/2033
2,000
1,921
Amgen, Inc. 5.25% 3/2/2033
13,384
13,710
Amgen, Inc. 5.65% 3/2/2053
13,043
12,744
Amphenol Corp. 5.00% 1/15/2035
699
707
Amphenol Corp. 5.375% 11/15/2054
2,335
2,287
AMSR Trust, Series 2025-SFR1, Class A, 3.655% 6/17/2042 (f)(g)
3,916
3,748
AmWINS Group, Inc. 6.375% 2/15/2029 (g)
230
235
AmWINS Group, Inc. 4.875% 6/30/2029 (g)
1,160
1,128
Angola (Republic of) 9.50% 11/12/2025
27,279
27,410
Angola (Republic of) 8.25% 5/9/2028
875
826
Angola (Republic of) 8.75% 4/14/2032
780
690
Anheuser-Busch InBev Worldwide, Inc. 5.55% 1/23/2049
511
508
Anywhere Real Estate Group, LLC 5.75% 1/15/2029 (g)
870
764
Anywhere Real Estate Group, LLC 5.25% 4/15/2030 (g)
435
357
 
Capital World Bond Fund
11

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Aon Corp. 5.35% 2/28/2033
USD1,181
$1,216
Aon Corp. 3.90% 2/28/2052
1,000
742
Aon North America, Inc. 5.45% 3/1/2034
1,250
1,285
Aon North America, Inc. 5.75% 3/1/2054
1,084
1,069
Apollo Aviation Securitization Equity Trust, Series 2025-2A, Class A, 5.522% 2/16/2050 (f)(g)
5,807
5,877
Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 (f)(g)
3,179
3,244
Apple, Inc. 4.75% 5/12/2035
4,315
4,351
Aramark Services, Inc. 5.00% 2/1/2028 (g)
760
758
Ardonagh Finco, Ltd. 7.75% 2/15/2031 (g)
400
418
Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 (g)
1,645
1,732
Aretec Group, Inc. 7.50% 4/1/2029 (g)
1,257
1,273
Aretec Group, Inc. 10.00% 8/15/2030 (g)
612
673
Argentine Republic 0.75% 7/9/2030 (1.75% on 7/9/2027) (a)
2,848
2,278
Arthur J. Gallagher & Co. 5.00% 2/15/2032
1,500
1,522
Arthur J. Gallagher & Co. 5.15% 2/15/2035
2,500
2,503
Arthur J. Gallagher & Co. 5.55% 2/15/2055
2,000
1,920
Asbury Automotive Group, Inc. 5.00% 2/15/2032 (g)
800
762
Ascent Resources Utica Holdings, LLC 5.875% 6/30/2029 (g)
100
100
Ascent Resources Utica Holdings, LLC 6.625% 10/15/2032 (g)
160
163
Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 (g)
160
162
AssuredPartners, Inc. 5.625% 1/15/2029 (g)
420
419
AssuredPartners, Inc., Term Loan, (3-month USD CME Term SOFR + 3.50%) 7.827% 2/14/2031 (e)(i)
1,196
1,200
AT&T, Inc. 2.25% 2/1/2032
3,370
2,902
AT&T, Inc. 5.40% 2/15/2034
3,577
3,681
AT&T, Inc. 4.50% 5/15/2035
1,406
1,340
AT&T, Inc. 3.50% 9/15/2053
2,147
1,454
AthenaHealth Group, Inc. 6.50% 2/15/2030 (g)
450
443
Athene Holding, Ltd. 6.625% 5/19/2055
3,000
3,094
ATI, Inc. 7.25% 8/15/2030
810
849
Avantor Funding, Inc. 3.875% 11/1/2029 (g)
810
768
Avient Corp. 6.25% 11/1/2031 (g)
110
111
Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class A, 5.20% 10/20/2027 (f)(g)
11,562
11,654
Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class A, 5.81% 12/20/2029 (f)(g)
6,513
6,775
Axiata SPV2 Berhad 2.163% 8/19/2030
251
224
Axon Enterprise, Inc. 6.125% 3/15/2030 (g)
355
366
Axon Enterprise, Inc. 6.25% 3/15/2033 (g)
775
800
B&G Foods, Inc. 5.25% 9/15/2027
940
857
B&G Foods, Inc. 8.00% 9/15/2028 (g)
615
593
BAE Systems PLC 5.00% 3/26/2027 (g)
4,000
4,048
BAE Systems PLC 5.25% 3/26/2031 (g)
1,704
1,762
BAE Systems PLC 5.30% 3/26/2034 (g)
7,774
7,951
BAE Systems PLC 5.50% 3/26/2054 (g)
384
379
Bangkok Bank Public Co., Ltd. 3.733% 9/25/2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90%
on 9/25/2029) (a)
9,880
9,198
Bangkok Bank Public Co., Ltd. 3.733% 9/25/2034
(5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029) (a)(g)
290
270
Bank Commercial Mortgage Trust, Series 2023-5YR4, Class AS, 7.274% 12/15/2056 (e)(f)
1,412
1,512
Bank Gospodarstwa Krajowego 5.75% 7/9/2034 (g)
2,140
2,205
Bank Gospodarstwa Krajowego 6.25% 7/9/2054 (g)
2,310
2,297
Bank of America Corp. 3.419% 12/20/2028 (3-month USD CME Term SOFR + 1.302% on 12/20/2027) (a)
3
3
Bank of America Corp. 5.162% 1/24/2031 (USD-SOFR + 1.00% on 1/24/2030) (a)
9,485
9,724
Bank of Ireland Group PLC 6.253% 9/16/2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.65% on
9/16/2025) (a)(g)
350
351
Bank of New York Mellon Corp. 4.942% 2/11/2031 (USD-SOFR + 0.887% on 2/11/2030) (a)
8,228
8,404
Bank5, Series 2025-5YR14, Class AS, 6.072% 4/15/2058 (f)
3,141
3,284
BAT Capital Corp. 3.215% 9/6/2026
2
2
BAT Capital Corp. 6.421% 8/2/2033
1,288
1,399
BAT Capital Corp. 5.625% 8/15/2035
27,699
28,198
BAT Capital Corp. 7.079% 8/2/2043
2,250
2,480
BAT Capital Corp. 5.65% 3/16/2052
600
560
BAT Capital Corp. 6.25% 8/15/2055
211
214
Bath & Body Works, Inc. 6.875% 11/1/2035
328
341
Bath & Body Works, Inc. 6.75% 7/1/2036
315
321
Bausch + Lomb Corp., Term Loan B, (USD-SOFR + 4.25%) 8.564% 12/18/2030 (e)(i)
363
364
Bausch Health Americas, Inc. 9.25% 4/1/2026 (g)
1,452
1,450
Bausch Health Americas, Inc. 8.50% 1/31/2027 (g)
915
872
Bausch Health Cos., Inc. 4.875% 6/1/2028 (g)
325
274
Bausch Health Cos., Inc. 11.00% 9/30/2028 (g)
500
495
 
12
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Baxter International, Inc. 2.539% 2/1/2032
USD7,119
$6,208
Baytex Energy Corp. 7.375% 3/15/2032 (g)
200
191
BBVA Bancomer SA 8.45% 6/29/2038 (5-year UST Yield Curve Rate T Note Constant Maturity + 4.661% on
6/29/2033) (a)
8,340
8,826
Beach Acquisition Bidco, LLC, 10.75% PIK or 10.00% Cash 7/15/2033 (g)(j)
375
390
Belron Finance 2019, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.049% 10/16/2031 (e)(i)
377
379
Benchmark Mortgage Trust, Series 2024-V5, Class AM, 6.417% 1/10/2057 (f)
1,244
1,298
BHP Billiton Finance (USA), Ltd. 5.30% 2/21/2035
2,320
2,370
Biocon Biologics Global PLC 6.67% 10/9/2029 (g)
16,699
15,873
BIP-V Chinook Holdco, LLC 5.50% 6/15/2031 (g)
815
806
Blackstone, Inc. 5.00% 12/6/2034
4,785
4,766
Block, Inc. 2.75% 6/1/2026
450
441
Block, Inc. 6.50% 5/15/2032
780
805
Blue Racer Midstream, LLC 7.00% 7/15/2029 (g)
80
84
Blue Racer Midstream, LLC 7.25% 7/15/2032 (g)
60
64
BMO Mortgage Trust, Series 2024-5C8, Class AS, 5.94% 12/15/2057 (e)(f)
7,580
7,875
Boeing Co. (The) 2.75% 2/1/2026
9,126
9,023
Boeing Co. (The) 2.196% 2/4/2026
500
492
Boeing Co. (The) 2.70% 2/1/2027
525
510
Boeing Co. (The) 5.04% 5/1/2027
2,099
2,116
Boeing Co. (The) 5.15% 5/1/2030
421
429
Boeing Co. (The) 6.388% 5/1/2031
450
484
Boeing Co. (The) 6.528% 5/1/2034
2,942
3,198
Boeing Co. (The) 5.705% 5/1/2040
2,000
1,977
Boeing Co. (The) 5.805% 5/1/2050
1,765
1,694
Boeing Co. (The) 6.858% 5/1/2054
1,644
1,801
Boeing Co. (The) 5.93% 5/1/2060
2,579
2,454
Boeing Co. (The) 7.008% 5/1/2064
1,337
1,470
Boost Newco Borrower, LLC 7.50% 1/15/2031 (g)
125
133
Borr IHC, Ltd. 10.00% 11/15/2028 (g)
1,059
968
Borr IHC, Ltd. 10.375% 11/15/2030 (g)
301
267
Boston Properties, LP 2.90% 3/15/2030
406
373
Boston Properties, LP 3.25% 1/30/2031
173
159
Boston Properties, LP 2.55% 4/1/2032
881
744
Boston Properties, LP 2.45% 10/1/2033
2,737
2,189
Boston Properties, LP 6.50% 1/15/2034
1,276
1,367
Boston Properties, LP 5.75% 1/15/2035
1,555
1,566
Boyd Gaming Corp. 4.75% 6/15/2031 (g)
260
249
Boyne USA, Inc. 4.75% 5/15/2029 (g)
765
743
BPCE SA 2.045% 10/19/2027 (USD-SOFR + 1.087% on 10/19/2026) (a)(g)
7,500
7,254
BPCE SA 6.714% 10/19/2029 (USD-SOFR + 2.27% on 10/19/2028) (a)(g)
3,000
3,178
BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) (a)(g)
15,000
15,760
BPCE SA 6.027% 5/28/2036 (USD-SOFR + 1.956% on 5/28/2035) (a)(g)
2,453
2,528
Braskem Netherlands Finance BV 4.50% 1/31/2030
13,160
10,209
Braskem Netherlands Finance BV 8.50% 1/12/2031
14,534
12,718
Braskem Netherlands Finance BV 8.50% 1/12/2031 (g)
3,035
2,656
BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on
5/1/2027) (a)(f)(g)
2,333
2,348
Brazil (Federative Republic of) 5.50% 11/6/2030
2,320
2,328
Bristol-Myers Squibb Co. 5.20% 2/22/2034
19,789
20,275
Bristol-Myers Squibb Co. 5.55% 2/22/2054
1,800
1,757
Broadcom, Inc. 4.00% 4/15/2029 (g)
6,163
6,081
Broadcom, Inc. 4.75% 4/15/2029
1,950
1,974
Broadcom, Inc. 5.15% 11/15/2031
4,186
4,308
Broadcom, Inc. 3.469% 4/15/2034 (g)
3,875
3,463
Brookfield Property REIT, Inc. 5.75% 5/15/2026 (g)
224
224
Brookfield Property REIT, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.25%) 7.56% 5/30/2030 (e)(i)
160
160
Brown & Brown, Inc. 4.90% 6/23/2030
2,000
2,020
Brown & Brown, Inc. 5.25% 6/23/2032
583
595
Brown & Brown, Inc. 5.55% 6/23/2035
1,338
1,365
Brown & Brown, Inc. 6.25% 6/23/2055
1,394
1,438
Buffalo Energy Mexico Holdings 7.875% 2/15/2039 (g)
9,064
9,345
Bulgaria (Republic of) 5.00% 3/5/2037
824
806
BWX Technologies, Inc. 4.125% 4/15/2029 (g)
510
492
BX Trust, Series 2021-VOLT, Class A, (1-month USD CME Term SOFR + 0.814%) 5.126% 9/15/2036 (e)(f)(g)
8,361
8,337
BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 (f)(g)
5,903
6,068
Caesars Entertainment, Inc. 4.625% 10/15/2029 (g)
425
406
Caesars Entertainment, Inc. 7.00% 2/15/2030 (g)
1,654
1,714
 
Capital World Bond Fund
13

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Caesars Entertainment, Inc. 6.50% 2/15/2032 (g)
USD315
$323
CaixaBank, SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) (a)(g)
7,555
7,854
CaixaBank, SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029) (a)(g)
1,584
1,639
CaixaBank, SA 6.84% 9/13/2034 (USD-SOFR + 2.77% on 9/13/2033) (a)(g)
600
659
CaixaBank, SA 6.037% 6/15/2035 (USD-SOFR + 2.26% on 9/15/2034) (a)(g)
2,075
2,172
CaixaBank, SA 5.581% 7/3/2036 (USD-SOFR + 1.79% on 7/3/2035) (a)(g)
3,022
3,054
California Resources Corp. 7.125% 2/1/2026 (g)
408
410
California Resources Corp. 8.25% 6/15/2029 (g)
600
616
Campbell’s Co. (The) 5.20% 3/21/2029
1,290
1,321
Campbell’s Co. (The) 4.75% 3/23/2035
795
764
Canadian Imperial Bank of Commerce 5.245% 1/13/2031 (USD-SOFR + 1.105% on 1/13/2030) (a)
6,122
6,273
Canadian Pacific Railway Co. 4.80% 3/30/2030
3,557
3,616
Canadian Pacific Railway Co. 5.20% 3/30/2035
546
554
Canadian Pacific Railway Co. 3.00% 12/2/2041
540
393
Canadian Pacific Railway Co. 3.10% 12/2/2051
1,683
1,107
CAN-PACK Spolka Akcyjna 3.875% 11/15/2029 (g)
255
239
Capital One Financial Corp. 6.377% 6/8/2034 (USD-SOFR + 2.86% on 6/8/2033) (a)
2,040
2,173
Capstone Copper Corp. 6.75% 3/31/2033 (g)
150
154
Carnival Corp. 6.00% 5/1/2029 (g)
720
728
Carnival Corp. 6.125% 2/15/2033 (g)
410
420
Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029
(9.405% on 11/25/2027) (a)(f)(g)
1,158
1,165
Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 (e)(f)(g)
4,092
3,970
Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 (e)(f)(g)
737
731
Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 (f)(g)
4,553
4,623
CCO Holdings, LLC 5.00% 2/1/2028 (g)
250
248
CCO Holdings, LLC 4.75% 3/1/2030 (g)
495
480
CCO Holdings, LLC 4.50% 8/15/2030 (g)
388
370
CCO Holdings, LLC 4.25% 2/1/2031 (g)
1,520
1,421
CCO Holdings, LLC 4.75% 2/1/2032 (g)
816
775
CCO Holdings, LLC 4.50% 5/1/2032
251
234
CCO Holdings, LLC 4.50% 6/1/2033 (g)
1,016
929
CCO Holdings, LLC 4.25% 1/15/2034 (g)
2,035
1,813
Central Garden & Pet Co. 4.125% 10/15/2030
760
718
Central Garden & Pet Co. 4.125% 4/30/2031 (g)
300
279
CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 (f)(g)
3,178
3,144
Charter Communications Operating, LLC 6.65% 2/1/2034
3,257
3,489
Charter Communications Operating, LLC 4.80% 3/1/2050
2,832
2,267
Charter Communications Operating, LLC 3.70% 4/1/2051
3,693
2,462
Charter Communications Operating, LLC 3.90% 6/1/2052
5,512
3,786
Charter Communications Operating, LLC 5.25% 4/1/2053
4,662
3,963
Chevron Corp. 3.078% 5/11/2050
2,252
1,518
Chile (Republic of) 4.34% 3/7/2042
715
621
Chile (Republic of) 4.00% 1/31/2052
335
259
China Huaneng Group Co., Ltd. 5.85% perpetual contingent convertible bonds (3-year UST Yield Curve Rate T
Note Constant Maturity + 3.775% on 7/5/2027) (a)
1,925
1,948
China Oil and Gas Group, Ltd. 4.70% 6/30/2026
8,131
7,989
Chord Energy Corp. 6.75% 3/15/2033 (g)
270
276
CHS / Community Health Systems, Inc. 5.625% 3/15/2027 (g)
655
646
CHS / Community Health Systems, Inc. 6.00% 1/15/2029 (g)
300
289
CHS / Community Health Systems, Inc. 10.875% 1/15/2032 (g)
170
180
Chubb INA Holdings, LLC 5.00% 3/15/2034
5,902
6,016
Cikarang Listrindo Tbk PT 5.65% 3/12/2035
200
200
CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) (a)(f)(g)
2,814
2,784
Cisco Systems, Inc. 4.95% 2/26/2031
3,000
3,087
Cisco Systems, Inc. 5.05% 2/26/2034
2,025
2,074
Cisco Systems, Inc. 5.10% 2/24/2035
12,883
13,192
Cisco Systems, Inc. 5.30% 2/26/2054
412
400
CITGO Petroleum Corp. 8.375% 1/15/2029 (g)
285
297
Citibank, NA 4.914% 5/29/2030
1,375
1,402
Citigroup Commercial Mortgage Trust, Series 2023-PRM3, Class A, 6.36% 7/10/2028 (e)(f)(g)
5,275
5,523
Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class A, 6.015% 10/12/2040 (e)(f)(g)
8,128
8,400
Citigroup, Inc. 4.952% 5/7/2031 (USD-SOFR + 1.463% on 5/7/2030) (a)
3,054
3,090
Citigroup, Inc. 5.827% 2/13/2035 (USD-SOFR + 2.056% on 2/13/2034) (a)
4,299
4,388
Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) (a)
2,164
2,182
Citizens Financial Group, Inc. 5.718% 7/23/2032 (USD-SOFR + 1.91% on 7/23/2031) (a)
2,765
2,861
Citizens Financial Group, Inc. 6.645% 4/25/2035 (USD-SOFR + 2.325% on 4/25/2034) (a)
2,187
2,359
Civitas Resources, Inc. 8.625% 11/1/2030 (g)
55
56
 
14
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Civitas Resources, Inc. 8.75% 7/1/2031 (g)
USD765
$774
Civitas Resources, Inc. 9.625% 6/15/2033 (g)
95
97
CK Hutchison International (23), Ltd. 4.75% 4/21/2028 (g)
330
333
CK Hutchison International (23), Ltd. 4.875% 4/21/2033
200
199
CK Hutchison International (24), Ltd. 5.50% 4/26/2034 (g)
400
412
CK Hutchison International (21), Ltd. 3.125% 4/15/2041 (b)
400
295
CK Hutchison International (19) II, Ltd. 3.375% 9/6/2049
400
280
CK Hutchison International (20), Ltd. 3.375% 5/8/2050
250
173
Clarios Global, LP 8.50% 5/15/2027 (g)
550
553
Clarivate Science Holdings Corp. 4.875% 7/1/2029 (g)
275
259
Clean Harbors, Inc. 6.375% 2/1/2031 (g)
319
327
Clear Channel Outdoor Holdings, Inc. 7.75% 4/15/2028 (g)
330
312
Cleveland Electric Illuminating Co. (The) 3.50% 4/1/2028 (g)
1,069
1,040
Cleveland-Cliffs, Inc. 6.875% 11/1/2029 (g)
1,028
1,013
Cleveland-Cliffs, Inc. 6.75% 4/15/2030 (g)
38
37
Cleveland-Cliffs, Inc. 4.875% 3/1/2031 (g)
443
379
Cleveland-Cliffs, Inc. 7.50% 9/15/2031 (g)
250
241
Cleveland-Cliffs, Inc. 7.375% 5/1/2033 (g)
134
126
Cloud Software Group, Inc. 6.50% 3/31/2029 (g)
1,500
1,515
Cloud Software Group, Inc. 9.00% 9/30/2029 (g)
2,985
3,097
Cloud Software Group, Inc., Term Loan B1, (3-month USD CME Term SOFR + 3.50%) 7.796%
3/29/2029 (e)(i)
904
905
CMS Energy Corp., junior subordinated, 6.50% 6/1/2055 (5-year UST Yield Curve Rate T Note Constant Maturity +
1.961% on 6/1/2035) (a)
450
452
CNX Resources Corp. 7.25% 3/1/2032 (g)
895
927
Coca-Cola Co. 4.65% 8/14/2034
2,231
2,244
Coca-Cola Co. 5.20% 1/14/2055
1,282
1,228
Coinbase Global, Inc. 3.375% 10/1/2028 (g)
1,200
1,126
Coinbase Global, Inc. 3.625% 10/1/2031 (g)
735
655
Colombia (Republic of) 8.50% 4/25/2035
605
629
Colombia (Republic of) 8.00% 11/14/2035
1,205
1,213
Colombia (Republic of) 7.75% 11/7/2036
1,180
1,156
Colombia (Republic of) 5.00% 6/15/2045
1,676
1,135
Colombia (Republic of) 5.20% 5/15/2049
664
447
Colombia (Republic of) 8.375% 11/7/2054
4,000
3,811
Comcast Corp. 3.95% 10/15/2025
4,395
4,388
Comcast Corp. 1.50% 2/15/2031
5,500
4,698
Comcast Corp. 5.65% 6/1/2054
1,710
1,663
CommScope Technologies, LLC 5.00% 3/15/2027 (g)
670
653
CommScope, LLC 8.25% 3/1/2027 (g)
227
226
CommScope, LLC 7.125% 7/1/2028 (g)
575
566
CommScope, LLC 9.50% 12/15/2031 (g)
350
367
Commscope, LLC, Term Loan, (3-month USD CME Term SOFR + 5.25%) 9.577% 12/17/2029 (e)(i)
620
629
Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 (g)
915
822
Compass Group Diversified Holdings, LLC 5.00% 1/15/2032 (g)
285
241
Comstock Resources, Inc. 6.75% 3/1/2029 (g)
535
537
Comstock Resources, Inc. 5.875% 1/15/2030 (g)
340
331
Connect Finco SARL 9.00% 9/15/2029 (g)
1,705
1,716
Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M1, (30-day Average USD-SOFR + 2.30%)
6.605% 5/25/2043 (e)(f)(g)
7,730
7,896
Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M2, (30-day Average USD-SOFR + 3.55%) 7.855%
5/25/2043 (e)(f)(g)
5,185
5,480
Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M1, (30-day Average USD-SOFR + 1.90%) 6.205%
6/25/2043 (e)(f)(g)
4,266
4,309
Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M2, (30-day Average USD-SOFR + 3.10%) 7.405%
6/25/2043 (e)(f)(g)
1,957
2,044
Connecticut Avenue Securities Trust, Series 2023-R06, Class 1M1, (30-day Average USD-SOFR + 1.70%) 6.005%
7/25/2043 (e)(f)(g)
6,447
6,485
Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M2, (30-day Average USD-SOFR + 1.80%) 6.105%
1/25/2044 (e)(f)(g)
1,750
1,771
Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M2, (30-day Average USD-SOFR + 1.65%) 5.955%
5/25/2044 (e)(f)(g)
7,323
7,371
Connecticut Avenue Securities, Series 2025-R01, Class 1A1, (30-day Average USD-SOFR + 0.95%) 5.255%
1/25/2045 (e)(f)(g)
4,428
4,424
Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) 5.305%
2/25/2045 (e)(f)(g)
1,546
1,547
Connecticut Avenue Securities Trust, Series 2025-R02, Class 1M1, (30-day Average USD-SOFR + 1.15%) 5.455%
2/25/2045 (e)(f)(g)
4,008
4,013
 
Capital World Bond Fund
15

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Connecticut Avenue Securities Trust, Series 2025-R04, Class 1M1, (30-day Average USD-SOFR + 1.20%)
5.505% 5/25/2045 (e)(f)(g)
USD2,227
$2,232
ConocoPhillips Co. 5.30% 5/15/2053
1,122
1,036
ConocoPhillips Co. 5.50% 1/15/2055
2,019
1,918
Consolidated Energy Finance SA 12.00% 2/15/2031 (g)
800
786
Constellation Brands, Inc. 4.35% 5/9/2027
1,305
1,306
Constellation Brands, Inc. 2.875% 5/1/2030
839
777
Constellation Brands, Inc. 4.80% 5/1/2030
481
485
Constellation Brands, Inc. 2.25% 8/1/2031
1,859
1,611
Constellation Brands, Inc. 4.75% 5/9/2032
813
808
Constellation Brands, Inc. 4.90% 5/1/2033
1,556
1,543
Constellation Oil Services Holding SA 9.375% 11/7/2029 (g)
780
794
Consumers Energy Co. 5.05% 5/15/2035
4,630
4,665
Corebridge Financial, Inc. 3.90% 4/5/2032
5,809
5,456
CoreLogic, Inc. 4.50% 5/1/2028 (g)
1,170
1,117
CoreLogic, Inc., Term Loan, (3-month USD CME Term SOFR + 6.50%) 10.941% 6/4/2029 (e)(i)
300
292
CoreWeave, Inc. 9.25% 6/1/2030 (g)
250
256
Cote d’Ivoire (Republic of) 7.625% 1/30/2033
300
297
Cote d’Ivoire (Republic of) 8.075% 4/1/2036 (g)
690
667
Cougar JV Subsidiary, LLC 8.00% 5/15/2032 (g)
490
523
Crescent Energy Finance, LLC 9.25% 2/15/2028 (g)
933
973
Crescent Energy Finance, LLC 7.625% 4/1/2032 (g)
1,005
982
Crescent Energy Finance, LLC 7.375% 1/15/2033 (g)
135
129
Crescent Energy Finance, LLC 8.375% 1/15/2034 (g)
245
245
Crown Castle, Inc. 5.00% 1/11/2028
2,336
2,360
CSC Holdings, LLC 5.50% 4/15/2027 (g)
250
239
CSC Holdings, LLC, Term Loan B, (USD Prime Rate + 1.50%) 9.00% 4/15/2027 (e)(i)
324
316
CSC Holdings, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.812% 1/18/2028 (e)(i)
809
798
CSX Corp. 4.25% 3/15/2029
3,355
3,357
CSX Corp. 5.20% 11/15/2033
2,068
2,139
CSX Corp. 5.05% 6/15/2035
450
453
CSX Corp. 2.50% 5/15/2051
289
167
CVS Health Corp. 3.25% 8/15/2029
1,798
1,709
CVS Health Corp. 5.125% 2/21/2030
1,225
1,248
CVS Health Corp. 5.55% 6/1/2031
6,750
7,014
CVS Health Corp. 5.25% 2/21/2033
1,227
1,236
CVS Health Corp. 5.70% 6/1/2034
1,535
1,581
CVS Health Corp. 5.875% 6/1/2053
800
765
CVS Health Corp. 6.05% 6/1/2054
5,554
5,447
CVS Health Corp. 6.00% 6/1/2063
94
90
Dai-ichi Life Insurance Co., Ltd. (The) 6.20%
(5-year UST Yield Curve Rate T Note Constant Maturity + 2.515% on 1/16/2035) (a)(g)
3,000
3,035
Daimler Trucks Finance North America, LLC 3.65% 4/7/2027 (g)
6,025
5,951
Daimler Trucks Finance North America, LLC 5.40% 9/20/2028 (g)
982
1,009
Daimler Trucks Finance North America, LLC 2.50% 12/14/2031 (g)
775
673
Darling Ingredients, Inc. 6.00% 6/15/2030 (g)
735
745
DaVita, Inc. 3.75% 2/15/2031 (g)
375
341
DaVita, Inc. 6.875% 9/1/2032 (g)
925
959
DaVita, Inc. 6.75% 7/15/2033 (g)
485
501
Deutsche Bank AG 7.146% 7/13/2027 (USD-SOFR + 2.52% on 7/13/2026) (a)
714
732
Deutsche Bank AG 2.311% 11/16/2027 (USD-SOFR + 1.219% on 11/16/2026) (a)
10,009
9,714
Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) (a)
1,500
1,601
Deutsche Bank AG 3.547% 9/18/2031 (USD-SOFR + 3.043% on 9/18/2030) (a)
576
539
Deutsche Bank AG 5.403% 9/11/2035 (USD-SOFR + 2.05% on 9/11/2034) (a)
1,000
995
Devon Energy Corp. 5.75% 9/15/2054
2,386
2,150
Diageo Investment Corp. 5.125% 8/15/2030
1,758
1,812
Diageo Investment Corp. 5.625% 4/15/2035
513
537
Diamond Sports Net, LLC, Term Loan, 15.00% PIK 1/2/2028 (i)(j)
32
29
Diamondback Energy, Inc. 5.55% 4/1/2035
3,866
3,910
Diebold Nixdorf, Inc. 7.75% 3/31/2030 (g)
1,360
1,446
DIRECTV Financing, LLC 5.875% 8/15/2027 (g)
1,469
1,465
DIRECTV Financing, LLC, Term Loan, (3-month USD CME Term SOFR + 5.00%) 9.541% 8/2/2027 (e)(i)
93
93
DISH Network Corp. 11.75% 11/15/2027 (g)
3,856
3,978
Dominican Republic 5.875% 1/30/2060
670
564
Dow Chemical Co. (The) 5.15% 2/15/2034
489
489
Dow Chemical Co. (The) 5.35% 3/15/2035
1,716
1,708
Dow Chemical Co. (The) 5.55% 11/30/2048
132
121
Dow Chemical Co. (The) 4.80% 5/15/2049
495
408
 
16
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Dow Chemical Co. (The) 3.60% 11/15/2050
USD485
$329
Dow Chemical Co. (The) 6.90% 5/15/2053
57
61
Dow Chemical Co. (The) 5.60% 2/15/2054
467
426
Dow Chemical Co. (The) 5.95% 3/15/2055
750
716
Dua Capital, Ltd. 2.78% 5/11/2031
3,500
3,198
Dun & Bradstreet Corp. (The) 5.00% 12/15/2029 (g)
52
53
EchoStar Corp. 10.75% 11/30/2029
1,933
1,993
EchoStar Corp. 6.75% PIK 11/30/2030 (j)
251
229
Ecopetrol SA 8.625% 1/19/2029
8,020
8,486
Edison International 5.25% 11/15/2028
1,161
1,150
Edison International 5.45% 6/15/2029
939
929
Edison International 6.95% 11/15/2029
3,788
3,939
Edison International 6.25% 3/15/2030
7,992
8,120
Edison International 5.25% 3/15/2032
10,103
9,591
Egypt (Arab Republic of) 5.80% 9/30/2027
815
800
Egypt (Arab Republic of) 6.588% 2/21/2028
11,402
11,426
Egypt (Arab Republic of) 7.60% 3/1/2029
300
303
Egypt (Arab Republic of) 5.875% 2/16/2031
1,185
1,050
Egypt (Arab Republic of) 7.053% 1/15/2032
440
404
Egypt (Arab Republic of) 9.45% 2/4/2033 (g)
5,735
5,811
Egypt (Arab Republic of) 8.50% 1/31/2047
505
410
Egypt (Arab Republic of) 7.903% 2/21/2048
259
199
Egypt (Arab Republic of) 8.70% 3/1/2049
795
653
Egypt (Arab Republic of) 8.15% 11/20/2059
560
432
Egypt (Arab Republic of) 7.50% 2/16/2061
390
284
Electricite de France SA 9.125% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T
Note Constant Maturity + 5.411% on 6/15/2033) (a)(g)
2,800
3,165
Element Solutions, Inc. 3.875% 9/1/2028 (g)
650
631
Elevance Health, Inc. 5.70% 2/15/2055
1,733
1,681
Eli Lilly and Co. 5.10% 2/12/2035
3,295
3,379
Eli Lilly and Co. 5.50% 2/12/2055
1,282
1,291
Ellucian Holdings, Inc. 6.50% 12/1/2029 (g)
375
384
Ellucian Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.077% 11/22/2032 (e)(i)
200
204
Embarq, LLC 7.995% 6/1/2036
625
287
Encino Acquisition Partners Holdings, LLC 8.50% 5/1/2028 (g)
300
308
Encino Acquisition Partners Holdings, LLC 8.75% 5/1/2031 (g)
525
580
Endo Finance Holdings, Inc. 8.50% 4/15/2031 (g)
1,140
1,208
Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.00%) 8.327% 4/23/2031 (e)(i)
561
561
Energy Transfer, LP 5.70% 4/1/2035
1,098
1,119
Energy Transfer, LP 6.50% junior subordinated perpetual bonds
(5-year UST Yield Curve Rate T Note Constant Maturity + 5.694% on 11/15/2026) (a)
254
256
Enfragen Energia Sur SA 5.375% 12/30/2030
19,880
17,816
Eni SpA 5.75% 5/19/2035 (g)
1,693
1,732
Eni SpA 5.95% 5/15/2054 (g)
1,079
1,045
ENN Clean Energy International Investment, Ltd. 3.375% 5/12/2026 (g)
800
789
ENN Clean Energy International Investment, Ltd. 3.375% 5/12/2026
500
493
ENN Energy Holdings, Ltd. 2.625% 9/17/2030 (g)
200
182
EOG Resources, Inc. 4.40% 7/15/2028
1,022
1,028
EOG Resources, Inc. 5.35% 1/15/2036
893
906
EOG Resources, Inc. 5.65% 12/1/2054
766
749
Equinix, Inc. 3.00% 7/15/2050
2,889
1,807
EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 (f)(g)
6,146
6,243
EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 (f)(g)
7,814
7,871
EquipmentShare.com, Inc. 9.00% 5/15/2028 (g)
675
714
EquipmentShare.com, Inc. 8.625% 5/15/2032 (g)
250
266
ERP Operating, LP 4.65% 9/15/2034
778
755
Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 (f)(g)
845
852
Exelon Corp., junior subordinated, 6.50% 3/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity +
1.975% on 3/15/2035) (a)
300
305
Exeter Automobile Receivables Trust, Series 2023-5A, Class B, 6.58% 4/17/2028 (f)
386
389
Expand Energy Corp. 5.875% 2/1/2029 (g)
302
303
Expand Energy Corp. 6.75% 4/15/2029 (g)
15
15
Export-Import Bank of India 5.50% 1/18/2033
1,000
1,037
Export-Import Bank of Thailand 5.354% 5/16/2029
8,542
8,789
Exxon Mobil Corp. 3.452% 4/15/2051
2,259
1,603
Fair Isaac Corp. 4.00% 6/15/2028 (g)
625
609
Fair Isaac Corp. 6.00% 5/15/2033 (g)
1,030
1,042
Fannie Mae Pool #MA5696 7.00% 3/1/2045 (f)
7
7
 
Capital World Bond Fund
17

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Fannie Mae Pool #FS9792 4.50% 12/1/2050 (f)
USD106
$103
Fannie Mae Pool #FM9530 2.50% 7/1/2051 (f)
440
365
Fannie Mae Pool #MA4577 2.00% 4/1/2052 (f)
9,131
7,260
Fannie Mae Pool #BT8116 2.50% 4/1/2052 (f)
27
22
Fannie Mae Pool #FS9189 2.00% 5/1/2052 (f)
9,218
7,328
Fannie Mae Pool #CB3528 4.00% 5/1/2052 (f)
1,167
1,088
Fannie Mae Pool #FS1948 4.00% 5/1/2052 (f)
906
844
Fannie Mae Pool #BV8055 4.50% 9/1/2052 (f)
21,871
20,971
Fannie Mae Pool #BV0952 4.50% 9/1/2052 (f)
1,294
1,240
Fannie Mae Pool #CB4852 4.50% 10/1/2052 (f)
9,224
8,845
Fannie Mae Pool #BW1215 4.50% 10/1/2052 (f)
3,390
3,251
Fannie Mae Pool #MA4785 5.00% 10/1/2052 (f)
51
50
Fannie Mae Pool #MA4805 4.50% 11/1/2052 (f)
889
852
Fannie Mae Pool #MA4840 4.50% 12/1/2052 (f)
14,132
13,552
Fannie Mae Pool #FS5675 4.50% 1/1/2053 (f)
41,774
40,055
Fannie Mae Pool #FS5520 4.50% 1/1/2053 (f)
898
861
Fannie Mae Pool #MA4919 5.50% 2/1/2053 (f)
182
183
Fannie Mae Pool #FS4191 5.50% 3/1/2053 (f)
2,727
2,746
Fannie Mae Pool #CB5912 6.00% 3/1/2053 (f)
5,879
6,019
Fannie Mae Pool #MA4978 5.00% 4/1/2053 (f)
272
267
Fannie Mae Pool #MA5009 5.00% 5/1/2053 (f)
24,832
24,422
Fannie Mae Pool #FS4840 5.50% 5/1/2053 (f)
978
979
Fannie Mae Pool #MA5010 5.50% 5/1/2053 (f)
32
32
Fannie Mae Pool #FS4736 6.50% 5/1/2053 (f)
44
45
Fannie Mae Pool #BW9637 5.00% 6/1/2053 (f)
14,895
14,673
Fannie Mae Pool #MA5038 5.00% 6/1/2053 (f)
173
170
Fannie Mae Pool #MA5039 5.50% 6/1/2053 (f)
114
114
Fannie Mae Pool #MA5071 5.00% 7/1/2053 (f)
2,767
2,720
Fannie Mae Pool #MA5072 5.50% 7/1/2053 (f)
428
429
Fannie Mae Pool #MA5107 5.50% 8/1/2053 (f)
92
92
Fannie Mae Pool #CB7104 5.50% 9/1/2053 (f)
20,846
20,896
Fannie Mae Pool #MA5139 6.00% 9/1/2053 (f)
3,833
3,904
Fannie Mae Pool #MA5166 6.00% 10/1/2053 (f)
15,434
15,717
Fannie Mae Pool #MA5190 5.50% 11/1/2053 (f)
13,355
13,376
Fannie Mae Pool #FS6838 5.50% 11/1/2053 (f)
2,847
2,853
Fannie Mae Pool #MA5191 6.00% 11/1/2053 (f)
13,883
14,137
Fannie Mae Pool #FS6668 5.50% 12/1/2053 (f)
245
246
Fannie Mae Pool #FS6873 6.50% 1/1/2054 (f)
6,328
6,544
Fannie Mae Pool #FS6767 6.50% 1/1/2054 (f)
2,533
2,633
Fannie Mae Pool #MA5271 5.50% 2/1/2054 (f)
8,074
8,081
Fannie Mae Pool #FS6809 5.50% 2/1/2054 (f)
1,676
1,677
Fannie Mae Pool #FS7031 6.00% 2/1/2054 (f)
3,540
3,624
Fannie Mae Pool #FS7503 6.00% 2/1/2054 (f)
1,563
1,590
Fannie Mae Pool #MA5296 5.50% 3/1/2054 (f)
6,707
6,712
Fannie Mae Pool #MA5295 6.00% 3/1/2054 (f)
1,648
1,677
Fannie Mae Pool #CB8337 5.50% 4/1/2054 (f)
18,192
18,252
Fannie Mae Pool #BU4479 5.50% 4/1/2054 (f)
247
247
Fannie Mae Pool #DB2499 5.50% 5/1/2054 (f)
9,755
9,763
Fannie Mae Pool #CB8536 5.50% 5/1/2054 (f)
4,182
4,211
Fannie Mae Pool #DB5160 5.50% 5/1/2054 (f)
594
596
Fannie Mae Pool #DB2495 6.00% 5/1/2054 (f)
3,842
3,907
Fannie Mae Pool #FS8131 5.50% 6/1/2054 (f)
10,498
10,555
Fannie Mae Pool #FS8153 6.00% 6/1/2054 (f)
10,137
10,379
Fannie Mae Pool #DB6878 6.00% 6/1/2054 (f)
6,114
6,222
Fannie Mae Pool #FS8223 6.00% 6/1/2054 (f)
1,482
1,510
Fannie Mae Pool #FS8219 6.00% 6/1/2054 (f)
1,329
1,363
Fannie Mae Pool #CB8755 6.00% 6/1/2054 (f)
654
669
Fannie Mae Pool #CB8725 6.50% 6/1/2054 (f)
1,009
1,048
Fannie Mae Pool #DB5480 6.50% 6/1/2054 (f)
12
12
Fannie Mae Pool #CB8842 5.50% 7/1/2054 (f)
13,440
13,463
Fannie Mae Pool #BU4699 5.50% 7/1/2054 (f)
6,928
6,940
Fannie Mae Pool #DB5213 5.50% 7/1/2054 (f)
6,140
6,146
Fannie Mae Pool #FS8467 5.50% 7/1/2054 (f)
279
281
Fannie Mae Pool #MA5421 6.00% 7/1/2054 (f)
17,547
17,849
Fannie Mae Pool #DB5214 6.00% 7/1/2054 (f)
10,064
10,236
Fannie Mae Pool #BU4707 6.00% 7/1/2054 (f)
8,695
8,848
Fannie Mae Pool #BU4700 6.00% 7/1/2054 (f)
5,549
5,653
Fannie Mae Pool #DB6901 6.00% 7/1/2054 (f)
3,806
3,874
 
18
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Fannie Mae Pool #CB8858 6.00% 7/1/2054 (f)
USD3,740
$3,819
Fannie Mae Pool #FS8318 6.00% 7/1/2054 (f)
2,762
2,834
Fannie Mae Pool #FS8591 6.00% 7/1/2054 (f)
2,104
2,159
Fannie Mae Pool #DB7039 6.00% 7/1/2054 (f)
1,150
1,175
Fannie Mae Pool #CB8872 6.50% 7/1/2054 (f)
1,573
1,638
Fannie Mae Pool #FS8619 6.50% 7/1/2054 (f)
886
923
Fannie Mae Pool #FS8607 6.50% 7/1/2054 (f)
664
691
Fannie Mae Pool #CB8876 6.50% 7/1/2054 (f)
469
488
Fannie Mae Pool #FS8317 6.50% 7/1/2054 (f)
270
281
Fannie Mae Pool #DB7783 5.50% 8/1/2054 (f)
5,344
5,361
Fannie Mae Pool #MA5445 6.00% 8/1/2054 (f)
19,821
20,164
Fannie Mae Pool #DB7792 6.00% 8/1/2054 (f)
5,472
5,568
Fannie Mae Pool #FS8757 6.00% 8/1/2054 (f)
3,674
3,762
Fannie Mae Pool #FS8758 6.00% 8/1/2054 (f)
2,156
2,196
Fannie Mae Pool #BU4916 6.00% 8/1/2054 (f)
1,813
1,847
Fannie Mae Pool #FS8756 6.00% 8/1/2054 (f)
1,481
1,515
Fannie Mae Pool #DC0299 6.00% 8/1/2054 (f)
1,289
1,312
Fannie Mae Pool #DB7692 6.00% 8/1/2054 (f)
1,251
1,276
Fannie Mae Pool #BU4968 6.00% 8/1/2054 (f)
850
864
Fannie Mae Pool #DB7687 6.00% 8/1/2054 (f)
599
614
Fannie Mae Pool #DB7690 6.00% 8/1/2054 (f)
474
485
Fannie Mae Pool #DC0296 6.00% 8/1/2054 (f)
455
466
Fannie Mae Pool #FS8795 6.00% 8/1/2054 (f)
271
275
Fannie Mae Pool #CB9210 5.50% 9/1/2054 (f)
7,509
7,533
Fannie Mae Pool #CB9146 5.50% 9/1/2054 (f)
4,507
4,532
Fannie Mae Pool #BU4946 5.50% 9/1/2054 (f)
4,024
4,027
Fannie Mae Pool #MA5470 5.50% 9/1/2054 (f)
3,964
3,967
Fannie Mae Pool #FS8866 6.00% 9/1/2054 (f)
3,785
3,873
Fannie Mae Pool #DC1873 6.00% 9/1/2054 (f)
37
38
Fannie Mae Pool #DC3477 6.50% 9/1/2054 (f)
236
244
Fannie Mae Pool #MA5530 5.00% 11/1/2054 (f)
12,324
12,088
Fannie Mae Pool #MA5531 5.50% 11/1/2054 (f)
844
844
Fannie Mae Pool #MA5552 5.00% 12/1/2054 (f)
361
355
Fannie Mae Pool #DC6842 5.50% 12/1/2054 (f)
611
612
Fannie Mae Pool #DC7823 6.00% 12/1/2054 (f)
80
81
Fannie Mae Pool #MA5587 6.00% 1/1/2055 (f)
554
564
Fannie Mae Pool #FA0608 5.50% 2/1/2055 (f)
26,072
26,091
Fannie Mae Pool #DC8674 5.50% 2/1/2055 (f)
1,829
1,830
Fannie Mae Pool #MA5615 6.00% 2/1/2055 (f)
4,292
4,364
Fannie Mae Pool #MA5631 6.50% 2/1/2055 (f)
524
541
Fannie Mae Pool #MA5644 4.50% 3/1/2055 (f)
4,227
4,046
Fannie Mae Pool #MA5647 6.00% 3/1/2055 (f)
2,838
2,885
Fannie Mae Pool #MA5671 4.50% 4/1/2055 (f)
4,445
4,255
Fannie Mae Pool #MA5674 6.00% 4/1/2055 (f)
3,856
3,921
Fannie Mae Pool #MA5699 5.00% 5/1/2055 (f)
8,638
8,471
Fannie Mae Pool #MA5701 6.00% 5/1/2055 (f)
2,275
2,313
Fannie Mae Pool #MA5734 5.00% 6/1/2055 (f)
5,084
4,985
Fannie Mae Pool #MA5735 5.50% 6/1/2055 (f)
2,206
2,207
Fannie Mae Pool #MA5762 6.50% 7/1/2055 (f)
27
28
Fannie Mae Pool #BF0784 3.50% 12/1/2063 (f)
482
427
Farmer Mac Agricultural Real Estate Trust, Series 2024-2, Class B, 5.595% 8/1/2054 (e)(f)(g)
2,289
2,036
Fertitta Entertainment, LLC 6.75% 1/15/2030 (g)
350
323
FibraSOMA 4.375% 7/22/2031
2,800
2,187
Fideicomiso Fibra Uno 7.70% 1/23/2032 (g)
375
391
Fiesta Purchaser, Inc. 7.875% 3/1/2031 (g)
267
284
Fiesta Purchaser, Inc. 9.625% 9/15/2032 (g)
660
698
Fiesta Purchaser, Inc., Term Loan, (3-month USD CME Term SOFR + 3.25%) 7.577% 2/12/2031 (e)(i)
359
361
Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 (b)(e)(i)
538
542
Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 (b)(e)(i)
11
11
First Citizens BancShares, Inc. 5.231% 3/12/2031 (USD-SOFR + 1.41% on 3/12/2030) (a)
1,421
1,429
First Citizens BancShares, Inc. 6.254% 3/12/2040
(5-year UST Yield Curve Rate T Note Constant Maturity + 1.97% on 3/12/2035) (a)
4,978
4,966
First Quantum Minerals, Ltd. 9.375% 3/1/2029 (g)
850
903
First Student Bidco, Inc. 4.00% 7/31/2029 (g)
700
659
First Student Bidco, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.796% 7/21/2028 (e)(i)
211
211
First Student Bidco, Inc., Term Loan C, (3-month USD CME Term SOFR + 2.50%) 6.796% 7/21/2028 (e)(i)
65
65
FirstEnergy Corp. 2.65% 3/1/2030
2,817
2,588
FirstEnergy Corp. 2.25% 9/1/2030
2,775
2,466
 
Capital World Bond Fund
19

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Five Corners Funding Trust IV 5.997% 2/15/2053 (g)
USD500
$511
Florida Power & Light Co. 5.30% 6/15/2034
4,913
5,066
Florida Power & Light Co. 5.70% 3/15/2055
1,274
1,290
Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class A, (1-month USD CME Term SOFR + 1.45%) 5.762%
12/15/2029 (e)(f)(g)
3,404
3,409
Ford Motor Credit Co., LLC 3.375% 11/13/2025
200
199
Ford Motor Credit Co., LLC 6.95% 3/6/2026
400
404
Ford Motor Credit Co., LLC 6.95% 6/10/2026
400
406
Ford Motor Credit Co., LLC 5.85% 5/17/2027
2,882
2,905
Ford Motor Credit Co., LLC 4.95% 5/28/2027
995
989
Ford Motor Credit Co., LLC 4.125% 8/17/2027
400
391
Ford Motor Credit Co., LLC 7.35% 11/4/2027
400
416
Ford Motor Credit Co., LLC 6.80% 5/12/2028
600
620
Ford Motor Credit Co., LLC 6.798% 11/7/2028
412
427
Ford Motor Credit Co., LLC 5.80% 3/8/2029
9,968
9,992
Ford Motor Credit Co., LLC 5.113% 5/3/2029
1,900
1,859
Ford Motor Credit Co., LLC 5.875% 11/7/2029
5,200
5,217
Ford Motor Credit Co., LLC 6.05% 3/5/2031
3,100
3,095
Ford Motor Credit Co., LLC 6.054% 11/5/2031
2,037
2,027
Ford Motor Credit Co., LLC 6.532% 3/19/2032
460
467
Ford Motor Credit Co., LLC 6.50% 2/7/2035
400
400
Ford Otomotiv Sanayi AS 7.125% 4/25/2029 (g)
1,785
1,791
Forestar Group, Inc. 6.50% 3/15/2033 (g)
465
469
Fortress Intermediate 3, Inc. 7.50% 6/1/2031 (g)
400
420
Freddie Mac, Series K153, Class A2, Multi Family, 3.82% 1/25/2033 (f)
12,287
11,827
Freddie Mac Pool #RB5111 2.00% 5/1/2041 (f)
18,870
16,242
Freddie Mac Pool #Z40273 4.50% 10/1/2048 (f)
161
157
Freddie Mac Pool #SI2108 2.50% 4/1/2051 (f)
2,238
1,859
Freddie Mac Pool #SD3095 2.50% 7/1/2051 (f)
1,274
1,059
Freddie Mac Pool #RA6114 2.00% 2/1/2052 (f)
4,042
3,206
Freddie Mac Pool #SD8213 3.00% 5/1/2052 (f)
4,605
3,995
Freddie Mac Pool #SD1883 4.00% 6/1/2052 (f)
46
43
Freddie Mac Pool #QE9001 4.00% 8/1/2052 (f)
90
84
Freddie Mac Pool #SD8258 5.00% 10/1/2052 (f)
7,902
7,786
Freddie Mac Pool #SD8266 4.50% 11/1/2052 (f)
2,583
2,477
Freddie Mac Pool #SD8276 5.00% 12/1/2052 (f)
21,610
21,293
Freddie Mac Pool #SD8287 4.50% 1/1/2053 (f)
1,465
1,405
Freddie Mac Pool #SD8323 5.00% 5/1/2053 (f)
12,229
12,018
Freddie Mac Pool #SD8329 5.00% 6/1/2053 (f)
391
384
Freddie Mac Pool #SD8331 5.50% 6/1/2053 (f)
509
510
Freddie Mac Pool #SD8341 5.00% 7/1/2053 (f)
145
142
Freddie Mac Pool #SD8342 5.50% 7/1/2053 (f)
1,949
1,954
Freddie Mac Pool #SD3432 6.00% 7/1/2053 (f)
1,147
1,178
Freddie Mac Pool #SD3512 6.00% 8/1/2053 (f)
404
411
Freddie Mac Pool #SD8362 5.50% 9/1/2053 (f)
19,623
19,655
Freddie Mac Pool #SD8363 6.00% 9/1/2053 (f)
10,505
10,692
Freddie Mac Pool #SD8367 5.50% 10/1/2053 (f)
6,104
6,114
Freddie Mac Pool #SD4977 5.00% 11/1/2053 (f)
165,385
162,529
Freddie Mac Pool #RJ0326 6.50% 11/1/2053 (f)
840
872
Freddie Mac Pool #RJ0854 6.50% 1/1/2054 (f)
59
61
Freddie Mac Pool #SD5910 4.00% 2/1/2054 (f)
1,974
1,841
Freddie Mac Pool #SD8401 5.50% 2/1/2054 (f)
990
990
Freddie Mac Pool #SD8402 6.00% 2/1/2054 (f)
12,546
12,769
Freddie Mac Pool #SD8408 5.50% 3/1/2054 (f)
35,161
35,187
Freddie Mac Pool #RJ1015 6.50% 3/1/2054 (f)
23
23
Freddie Mac Pool #SD5303 6.00% 4/1/2054 (f)
2,525
2,586
Freddie Mac Pool #QI3333 6.00% 4/1/2054 (f)
672
687
Freddie Mac Pool #RJ1413 5.50% 5/1/2054 (f)
32,415
32,640
Freddie Mac Pool #RJ1415 5.50% 5/1/2054 (f)
12,982
13,091
Freddie Mac Pool #RJ1448 5.50% 5/1/2054 (f)
8,283
8,294
Freddie Mac Pool #SD5692 6.00% 5/1/2054 (f)
837
859
Freddie Mac Pool #RJ1855 5.00% 6/1/2054 (f)
1,739
1,710
Freddie Mac Pool #RJ1857 5.50% 6/1/2054 (f)
31,972
32,026
Freddie Mac Pool #RJ1768 5.50% 6/1/2054 (f)
5,236
5,265
Freddie Mac Pool #RJ1785 6.00% 6/1/2054 (f)
13,335
13,650
Freddie Mac Pool #RJ1779 6.00% 6/1/2054 (f)
10,140
10,392
Freddie Mac Pool #RJ1859 6.00% 6/1/2054 (f)
6,268
6,386
Freddie Mac Pool #RJ1797 6.50% 6/1/2054 (f)
316
328
 
20
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Freddie Mac Pool #RJ1725 6.50% 6/1/2054 (f)
USD103
$108
Freddie Mac Pool #RJ1963 5.50% 7/1/2054 (f)
3,512
3,515
Freddie Mac Pool #QI8872 5.50% 7/1/2054 (f)
3,481
3,487
Freddie Mac Pool #SD8447 6.00% 7/1/2054 (f)
10,536
10,718
Freddie Mac Pool #RJ1964 6.00% 7/1/2054 (f)
8,271
8,505
Freddie Mac Pool #RJ1975 6.00% 7/1/2054 (f)
5,715
5,823
Freddie Mac Pool #SD5813 6.00% 7/1/2054 (f)
3,928
4,027
Freddie Mac Pool #QI8874 6.00% 7/1/2054 (f)
2,293
2,337
Freddie Mac Pool #SD5873 6.00% 7/1/2054 (f)
1,493
1,521
Freddie Mac Pool #SD5896 6.00% 7/1/2054 (f)
1,214
1,238
Freddie Mac Pool #RJ1986 6.50% 7/1/2054 (f)
1,080
1,118
Freddie Mac Pool #SD5905 6.50% 7/1/2054 (f)
415
433
Freddie Mac Pool #RJ2200 5.50% 8/1/2054 (f)
6,082
6,102
Freddie Mac Pool #RJ2206 5.50% 8/1/2054 (f)
3,895
3,909
Freddie Mac Pool #RJ2243 5.50% 8/1/2054 (f)
3,493
3,500
Freddie Mac Pool #SD6286 5.50% 8/1/2054 (f)
2,295
2,311
Freddie Mac Pool #SD8453 5.50% 8/1/2054 (f)
1,324
1,325
Freddie Mac Pool #RJ2203 5.50% 8/1/2054 (f)
642
646
Freddie Mac Pool #SD8454 6.00% 8/1/2054 (f)
9,788
9,954
Freddie Mac Pool #RJ2216 6.00% 8/1/2054 (f)
7,578
7,721
Freddie Mac Pool #RJ2210 6.00% 8/1/2054 (f)
2,541
2,590
Freddie Mac Pool #SD6029 6.00% 8/1/2054 (f)
2,309
2,362
Freddie Mac Pool #RJ2222 6.50% 8/1/2054 (f)
6,380
6,644
Freddie Mac Pool #RJ2247 6.50% 8/1/2054 (f)
2,309
2,403
Freddie Mac Pool #RJ2228 6.50% 8/1/2054 (f)
1,378
1,427
Freddie Mac Pool #RJ2298 5.50% 9/1/2054 (f)
9,068
9,097
Freddie Mac Pool #QJ3044 5.50% 9/1/2054 (f)
8,203
8,209
Freddie Mac Pool #RJ2422 5.50% 9/1/2054 (f)
7,189
7,212
Freddie Mac Pool #SD8462 5.50% 9/1/2054 (f)
5,770
5,775
Freddie Mac Pool #RJ2415 5.50% 9/1/2054 (f)
3,038
3,059
Freddie Mac Pool #RJ2408 5.50% 9/1/2054 (f)
2,737
2,742
Freddie Mac Pool #RJ2314 6.00% 9/1/2054 (f)
7,946
8,096
Freddie Mac Pool #RJ2312 6.00% 9/1/2054 (f)
4,322
4,422
Freddie Mac Pool #RJ2308 6.00% 9/1/2054 (f)
4,101
4,208
Freddie Mac Pool #RJ2306 6.00% 9/1/2054 (f)
3,811
3,910
Freddie Mac Pool #RJ2309 6.00% 9/1/2054 (f)
2,422
2,467
Freddie Mac Pool #RJ2474 6.50% 9/1/2054 (f)
310
321
Freddie Mac Pool #RJ2411 6.50% 9/1/2054 (f)
215
223
Freddie Mac Pool #RJ2470 6.50% 9/1/2054 (f)
113
117
Freddie Mac Pool #SD8469 5.50% 10/1/2054 (f)
5,134
5,137
Freddie Mac Pool #SD8484 4.00% 11/1/2054 (f)
346
322
Freddie Mac Pool #RJ2851 4.50% 11/1/2054 (f)
2,956
2,830
Freddie Mac Pool #SD8473 4.50% 11/1/2054 (f)
(k)
(k)
Freddie Mac Pool #SD8475 5.50% 11/1/2054 (f)
7,907
7,913
Freddie Mac Pool #QX0310 5.50% 11/1/2054 (f)
2,815
2,816
Freddie Mac Pool #QX0622 5.50% 11/1/2054 (f)
168
168
Freddie Mac Pool #SD8489 4.50% 12/1/2054 (f)
172
165
Freddie Mac Pool #SD8491 5.00% 12/1/2054 (f)
6,770
6,641
Freddie Mac Pool #SD8493 5.50% 12/1/2054 (f)
93
93
Freddie Mac Pool #RJ3264 4.50% 2/1/2055 (f)
1,766
1,691
Freddie Mac Pool #SD8505 5.00% 2/1/2055 (f)
430
422
Freddie Mac Pool #SD8507 6.00% 2/1/2055 (f)
1,556
1,582
Freddie Mac Pool #SL1094 5.00% 4/1/2055 (f)
1,033
1,013
Freddie Mac Pool #SD8525 6.00% 4/1/2055 (f)
4,309
4,382
Freddie Mac Pool #SD8532 5.00% 5/1/2055 (f)
2,186
2,144
Freddie Mac Pool #SD8534 6.00% 5/1/2055 (f)
1,142
1,161
Freddie Mac Pool #RQ0012 5.00% 6/1/2055 (f)
1,283
1,258
Freddie Mac Pool #RQ0013 5.50% 6/1/2055 (f)
5,076
5,078
Freddie Mac Pool #SL0326 5.00% 2/1/2055 (f)
26
26
Freddie Mac Pool #SL0799 5.00% 3/1/2055 (f)
582
571
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA3, Class M1B, (30-day Average
USD-SOFR + 2.90%) 7.205% 4/25/2042 (e)(f)(g)
4,305
4,437
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA1, Class A1, (30-day Average
USD-SOFR + 0.95%) 5.255% 1/25/2045 (e)(f)(g)
1,995
1,993
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA2, Class A1, (30-day Average
USD-SOFR + 1.10%) 5.405% 5/25/2045 (e)(f)(g)
1,960
1,962
Frontier Communications Holdings, LLC 5.00% 5/1/2028 (g)
25
25
Frontier Communications Holdings, LLC 6.75% 5/1/2029 (g)
652
661
 
Capital World Bond Fund
21

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Frontier Communications Holdings, LLC 5.875% 11/1/2029
USD1,033
$1,044
Frontier Communications Holdings, LLC 6.00% 1/15/2030 (g)
1,171
1,187
Frontier Communications Holdings, LLC 8.75% 5/15/2030 (g)
50
52
Frontier Communications Holdings, LLC 8.625% 3/15/2031 (g)
225
239
FXI Holdings, Inc. 12.25% 11/15/2026 (g)
1,315
1,159
Gabonese Republic 6.625% 2/6/2031
887
708
Gabonese Republic 7.00% 11/24/2031 (g)
790
630
Gabonese Republic 7.00% 11/24/2031
650
518
Garda World Security Corp. 8.375% 11/15/2032 (g)
445
457
GC Treasury Center Co., Ltd. 2.98% 3/18/2031
200
175
GC Treasury Center Co., Ltd. 4.30% 3/18/2051
200
145
GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028) (a)(f)(g)
7,292
7,356
GCI Funding I, LLC, Series 2021-1, Class A, 2.38% 6/18/2046 (f)(g)
5,130
4,720
Gen Digital, Inc. 6.25% 4/1/2033 (g)
450
463
General Motors Co. 5.625% 4/15/2030
500
511
General Motors Financial Co., Inc. 2.40% 4/10/2028
6,870
6,465
General Motors Financial Co., Inc. 5.60% 6/18/2031
2,300
2,347
General Motors Financial Co., Inc. 5.625% 4/4/2032
694
702
General Motors Financial Co., Inc. 5.45% 9/6/2034
1,642
1,610
General Motors Financial Co., Inc. 5.90% 1/7/2035
1,000
1,006
Genesis Energy, LP 7.75% 2/1/2028
40
41
Genesis Energy, LP 8.25% 1/15/2029
560
586
Genesis Energy, LP 8.875% 4/15/2030
518
550
Genesis Energy, LP 7.875% 5/15/2032
370
385
GENM Capital Labuan, Ltd. 3.882% 4/19/2031
6,400
5,751
GeoPark, Ltd. 5.50% 1/17/2027
7,500
7,224
Georgia (Republic of) 2.75% 4/22/2026 (g)
1,127
1,097
Gilead Sciences, Inc. 5.25% 10/15/2033
2,801
2,899
Gilead Sciences, Inc. 5.55% 10/15/2053
1,000
988
Glatfelter Corp., Term Loan B, (3-month USD CME Term SOFR + 4.25%) 8.583% 11/4/2031 (e)(i)
373
367
Global Auto Holdings PLC 11.50% 8/15/2029 (g)
515
504
Global Partners, LP 8.25% 1/15/2032 (g)
105
111
Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 10/17/2040 (f)(g)
3,679
3,508
GO Taxable Bonds, Series 2022, 0% 11/1/2043 (e)
414
255
GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051
316
200
GOHL Capital, Ltd. 4.25% 1/24/2027
200
197
Goldman Sachs Group, Inc. 2.64% 2/24/2028 (USD-SOFR + 1.114% on 2/24/2027) (a)
625
607
Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) (a)
4,670
4,862
Goldman Sachs Group, Inc. 1.992% 1/27/2032 (USD-SOFR + 1.09% on 1/27/2031) (a)
6,129
5,310
Goldman Sachs Group, Inc. 5.734% 1/28/2056 (USD-SOFR + 1.696% on 1/28/2055) (a)
2,515
2,517
Government National Mortgage Assn. Pool #785813 2.50% 12/20/2051 (f)
18,542
15,554
Government National Mortgage Assn. Pool #MA8947 5.00% 6/20/2053 (f)
221
219
Government National Mortgage Assn. Pool #MA9240 5.00% 10/20/2053 (f)
33,527
33,101
Government National Mortgage Assn. Pool #MB0144 4.00% 1/20/2055 (f)
7,773
7,233
Government National Mortgage Assn. Pool #MB0202 4.00% 2/20/2055 (f)
2,160
2,010
Government National Mortgage Assn. Pool #MB0256 4.00% 3/20/2055 (f)
3,640
3,387
Government National Mortgage Assn. Pool #MB0421 4.00% 6/20/2055 (f)
475
442
Government National Mortgage Assn. 4.00% 8/1/2055 (f)(l)
511
475
Government National Mortgage Assn., Series 2021-2, Class AH, 1.50% 6/16/2063 (f)
4,938
3,610
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bonds, Series 2020-B,
3.236% 10/1/2052
4,760
3,252
Gray Media, Inc. 10.50% 7/15/2029 (g)
1,145
1,231
Gray Television, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.574% 6/4/2029 (e)(i)
335
335
Great Canadian Gaming Corp. 8.75% 11/15/2029 (g)
715
700
Greenko Dutch BV 3.85% 3/29/2026
9,073
8,916
GreenSaif Pipelines Bidco SARL 5.853% 2/23/2036 (g)
13,810
13,981
Grifols SA 4.75% 10/15/2028 (g)
700
673
Grupo Energia Bogota SA ESP 4.875% 5/15/2030 (g)
2,300
2,265
Hanesbrands, Inc. 9.00% 2/15/2031 (g)
363
385
Hanesbrands, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.077% 3/7/2032 (e)(i)
471
473
Hanwha Life Insurance Co., Ltd. 6.30% 6/24/2055 (a)(g)
1,500
1,547
Harley-Davidson Financial Services, Inc. 5.95% 6/11/2029 (g)
733
746
Harvest Midstream I, LP 7.50% 9/1/2028 (g)
587
597
Harvest Midstream I, LP 7.50% 5/15/2032 (g)
265
280
Hawaii Hotel Trust, Series 2025-MAUI, Class A, (1-month USD CME Term SOFR + 1.393%) 5.705%
3/15/2042 (e)(f)(g)
6,369
6,381
Helios Software Holdings, Inc. 8.75% 5/1/2029 (g)
1,825
1,879
Herc Holdings, Inc. 7.00% 6/15/2030 (g)
450
470
 
22
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Herc Holdings, Inc. 7.25% 6/15/2033 (g)
USD205
$215
Hertz Vehicle Financing, LLC, Series 2024-1A, Class A, 5.44% 1/25/2029 (f)(g)
1,689
1,717
Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 (f)(g)
7,096
7,131
Hess Midstream Operations, LP 5.875% 3/1/2028 (g)
240
244
Hess Midstream Operations, LP 4.25% 2/15/2030 (g)
110
106
Hess Midstream Operations, LP 5.50% 10/15/2030 (g)
45
45
Hexcel Corp. 5.875% 2/26/2035
173
176
Hightower Holding, LLC 6.75% 4/15/2029 (g)
830
828
Hilcorp Energy I, LP 6.00% 4/15/2030 (g)
660
642
Hilcorp Energy I, LP 8.375% 11/1/2033 (g)
53
55
Hilton Domestic Operating Co., Inc. 4.875% 1/15/2030
190
189
Hilton Domestic Operating Co., Inc. 4.00% 5/1/2031 (g)
885
833
Home Depot, Inc. 4.85% 6/25/2031
1,625
1,667
Home Depot, Inc. 4.95% 6/25/2034
5,780
5,853
Home Depot, Inc. 5.30% 6/25/2054
1,192
1,145
Honduras (Republic of) 6.25% 1/19/2027
2,882
2,887
Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.644% 2/5/2045 (e)(f)(g)
11,573
11,897
Howard Hughes Corp. (The) 5.375% 8/1/2028 (g)
723
718
Howard Hughes Corp. (The) 4.125% 2/1/2029 (g)
549
523
Howard Hughes Corp. (The) 4.375% 2/1/2031 (g)
500
462
Howden UK Refinance PLC 7.25% 2/15/2031 (g)
840
871
Howden UK Refinance 2 PLC 8.125% 2/15/2032 (g)
290
303
HPHT Finance 25, Ltd. 5.00% 2/21/2030 (b)
600
606
HSBC Holdings PLC 4.755% 6/9/2028 (USD-SOFR + 2.11% on 6/9/2027) (a)
21,000
21,088
HSBC Holdings PLC 4.95% 3/31/2030
2,300
2,340
HSBC Holdings PLC (USD-SOFR + 1.57%) 4.29% 5/13/2031 (e)
2,000
2,012
HSBC Holdings PLC 7.399% 11/13/2034 (USD-SOFR + 3.02% on 11/13/2033) (a)
16,134
18,051
HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 5.875% 5/10/2039 (e)(f)(g)
2,541
2,569
HUB International, Ltd. 7.25% 6/15/2030 (g)
198
207
HUB International, Ltd. 7.375% 1/31/2032 (g)
650
681
HUB International, Ltd., Term Loan, (3-month USD CME Term SOFR + 2.50%) 6.769% 6/20/2030 (e)(i)
849
853
Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.649% 1/13/2040 (e)(f)(g)
19,089
19,698
Hughes Satellite Systems Corp. 5.25% 8/1/2026
310
276
Hughes Satellite Systems Corp. 6.625% 8/1/2026
350
250
Humana, Inc. 5.55% 5/1/2035
4,319
4,345
Humana, Inc. 5.75% 4/15/2054
1,783
1,662
Humana, Inc. 6.00% 5/1/2055
2,025
1,952
Hungary (Republic of) 5.375% 9/26/2030 (g)
3,910
3,951
Hungary (Republic of) 6.25% 9/22/2032 (g)
760
795
Hungary (Republic of) 6.00% 9/26/2035 (g)
2,250
2,264
Hungary (Republic of) 5.50% 3/26/2036 (g)
2,770
2,676
Hutchison Whampoa International, Ltd. 7.45% 11/24/2033
200
232
Hyatt Hotels Corp. 5.75% 3/30/2032
260
267
Hyundai Capital America 1.50% 6/15/2026 (g)
3,387
3,289
Hyundai Capital America 5.60% 3/30/2028 (g)
1,600
1,639
Hyundai Capital America 2.00% 6/15/2028 (g)
2,187
2,025
Hyundai Capital America 5.30% 1/8/2029 (g)
975
991
Hyundai Capital America 6.50% 1/16/2029 (g)
853
900
Hyundai Capital America 5.40% 1/8/2031 (g)
234
239
Icahn Enterprises, LP 6.25% 5/15/2026
108
107
Icahn Enterprises, LP 5.25% 5/15/2027
480
465
Icahn Enterprises, LP 9.75% 1/15/2029
445
433
Icahn Enterprises, LP 4.375% 2/1/2029
175
147
Imperial Brands Finance PLC 5.875% 7/1/2034 (g)
2,500
2,568
Imperial Brands Finance PLC 5.625% 7/1/2035 (g)
500
502
Indofood CBP Sukses Makmur Tbk PT 3.398% 6/9/2031
480
440
Indonesia Asahan Aluminium (Persero) PT 5.45% 5/15/2030 (g)
2,860
2,913
Ingles Markets, Inc. 4.00% 6/15/2031 (g)
865
808
Insulet Corp. 6.50% 4/1/2033 (g)
285
297
Intelsat Jackson Holdings SA 6.50% 3/15/2030 (g)
1,615
1,651
Intercontinental Exchange, Inc. 4.00% 9/15/2027
15,260
15,185
Intercontinental Exchange, Inc. 5.25% 6/15/2031
957
993
Intercontinental Exchange, Inc. 4.60% 3/15/2033
1,970
1,965
International Flavors & Fragrances, Inc. 1.832% 10/15/2027 (g)
123
116
International Flavors & Fragrances, Inc. 2.30% 11/1/2030 (g)
55
49
Interstate Power and Light Co. 2.30% 6/1/2030
1,975
1,780
Intesa Sanpaolo SpA 7.00% 11/21/2025 (g)
1,375
1,386
 
Capital World Bond Fund
23

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Intesa Sanpaolo SpA 8.248% 11/21/2033 (1-year UST Yield Curve Rate T Note Constant Maturity + 4.40% on
11/21/2032) (a)(g)
USD1,250
$1,452
Intesa Sanpaolo SpA 7.778% 6/20/2054 (1-year UST Yield Curve Rate T Note Constant Maturity + 3.90% on
6/20/2053) (a)(g)
4,000
4,492
INTOWN Mortgage Trust, Series 2025-STAY, Class A, (1-month USD CME Term SOFR + 1.35%) 5.662%
3/15/2042 (e)(f)(g)
21,959
21,895
ION Trading Technologies SARL 9.50% 5/30/2029 (g)
1,694
1,748
IQVIA, Inc. 5.00% 5/15/2027 (g)
630
628
IQVIA, Inc. 6.50% 5/15/2030 (g)
200
206
IQVIA, Inc. 6.25% 6/1/2032 (g)
380
390
IRB Infrastructure Developers, Ltd. 7.11% 3/11/2032 (g)
4,650
4,667
Iron Mountain Information Management Services, Inc. 5.00% 7/15/2032 (g)
1,330
1,277
Iron Mountain, Inc. 5.25% 7/15/2030 (g)
1,087
1,073
Iron Mountain, Inc. 6.25% 1/15/2033 (g)
110
113
IRV Trust, Series 2025-200P, Class C, 5.921% 3/14/2047 (e)(f)(g)
935
932
Ithaca Energy (North Sea) PLC 8.125% 10/15/2029 (g)
440
454
Jane Street Group, LLC 6.75% 5/1/2033 (g)
710
730
Jefferson Capital Holdings, LLC 8.25% 5/15/2030 (g)
510
529
Jersey Central Power & Light Co. 5.10% 1/15/2035
600
599
JH North America Holdings, Inc. 5.875% 1/31/2031 (g)
345
348
JH North America Holdings, Inc. 6.125% 7/31/2032 (g)
540
549
JPMorgan Chase & Co. 5.571% 4/22/2028 (USD-SOFR + 0.93% on 4/22/2027) (a)
3,417
3,488
JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) (a)
8,112
8,141
JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031) (a)
10,980
9,525
JPMorgan Chase & Co. 5.534% 11/29/2045 (USD-SOFR + 1.55% on 11/29/2044) (a)
2,964
2,973
JPMorgan Chase & Co. 3.328% 4/22/2052 (USD-SOFR + 1.58% on 4/22/2051) (a)
4,126
2,893
Kaseya, Inc., Term Loan, (3-month USD CME Term SOFR + 3.25%) 7.577% 3/20/2032 (e)(i)
574
577
Kaseya, Inc., Term Loan, (3-month USD CME Term SOFR + 5.00%) 9.327% 3/20/2033 (e)(i)
550
552
Kasikornbank PCL (Hong Kong Branch) 3.343% 10/2/2031 (5-year UST Yield Curve Rate T Note Constant Maturity
+ 1.70% on 10/2/2026) (a)
2,100
2,045
Kazakhstan (Republic of) 5.50% 7/1/2037 (g)
2,200
2,215
KBC Groep NV 5.796% 1/19/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.10% on
1/19/2028) (a)(g)
525
542
KeHE Distributors, LLC 9.00% 2/15/2029 (g)
450
467
Kennedy-Wilson, Inc. 4.75% 3/1/2029
34
32
Kennedy-Wilson, Inc. 4.75% 2/1/2030
1,465
1,343
Kenya (Republic of) 9.50% 3/5/2036 (g)
315
298
Kenya (Republic of) 8.25% 2/28/2048
500
407
Kimmeridge Texas Gas, LLC 8.50% 2/15/2030 (g)
120
124
Kodiak Gas Services, LLC 7.25% 2/15/2029 (g)
210
217
Korea Electric Power Corp. 4.00% 6/14/2027 (g)
500
498
Korea Electric Power Corp. 4.75% 2/13/2028 (g)
3,705
3,750
Korea Electric Power Corp. 5.125% 4/23/2034
400
410
Korea Gas Corp. 5.00% 7/8/2029 (g)
1,253
1,286
Korea National Oil Corp. 4.625% 3/31/2028 (g)
200
202
Korea National Oil Corp. 4.875% 4/3/2028 (g)
200
203
Korea National Oil Corp. 4.75% 3/31/2030 (g)
200
204
Kroger Co. 5.00% 9/15/2034
2,477
2,461
Kroger Co. 5.50% 9/15/2054
1,829
1,737
KSL Commercial Mortgage Trust, Series 2024-HT2, Class A, (1-month USD CME Term SOFR + 1.542%) 5.854%
12/15/2039 (e)(f)(g)
8,968
8,965
LAD Auto Receivables Trust, Series 2023-1, Class A3, 5.48% 6/15/2027 (f)(g)
1,681
1,684
LAD Auto Receivables Trust, Series 2023-4, Class B, 6.39% 10/16/2028 (f)(g)
1,250
1,280
LAD Auto Receivables Trust, Series 2024-3A, Class A3, 4.52% 3/15/2029 (f)(g)
1,493
1,497
Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030
894
900
Lamar Media Corp. 3.625% 1/15/2031
810
749
Lamb Weston Holdings, Inc. 4.125% 1/31/2030 (g)
290
277
Lamb Weston Holdings, Inc. 4.375% 1/31/2032 (g)
245
230
LATAM Airlines Group SA 7.625% 1/7/2031 (g)
740
745
LCM Investments Holdings II, LLC 4.875% 5/1/2029 (g)
1,091
1,062
LCM Investments Holdings II, LLC 8.25% 8/1/2031 (g)
720
766
Lendbuzz Securitization Trust, Series 2025-1A, Class A2, 5.10% 10/15/2030 (f)(g)
3,143
3,155
Lenovo Group, Ltd. 6.536% 7/27/2032
200
214
Levi Strauss & Co. 3.50% 3/1/2031 (g)
775
710
LG Energy Solution, Ltd. 5.25% 4/2/2028 (g)
200
201
LG Energy Solution, Ltd. 5.375% 4/2/2030 (g)
200
201
LG Energy Solution, Ltd. 5.875% 4/2/2035
200
199
Lightning Power, LLC 7.25% 8/15/2032 (g)
450
474
 
24
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Lithia Motors, Inc. 3.875% 6/1/2029 (g)
USD320
$305
Live Nation Entertainment, Inc. 4.75% 10/15/2027 (g)
820
812
Long Ridge Energy, LLC, 8.75% 2/15/2032 (g)
1,000
1,040
Long Ridge Energy, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.796% 2/19/2032 (e)(i)
623
617
LPL Holdings, Inc. 4.375% 5/15/2031 (g)
880
842
LYB International Finance III, LLC 6.15% 5/15/2035
658
683
M&T Bank Corp. 7.413% 10/30/2029 (USD-SOFR + 2.80% on 10/30/2028) (a)
1,574
1,707
M&T Bank Corp. 6.082% 3/13/2032 (USD-SOFR + 2.26% on 3/13/2031) (a)
2,812
2,971
Magnetite CLO, Ltd., Series 2019-22, Class ARR, (3-month USD CME Term SOFR + 1.25%) 5.506%
7/15/2036 (e)(f)(g)
3,695
3,698
Marathon CLO, Ltd., Series 2019-2A, Class A1R2, (3-month USD CME Term SOFR + 0.95%) 5.219%
1/20/2033 (e)(f)(g)
14,649
14,586
Marriott Ownership Resorts, Inc. 4.50% 6/15/2029 (g)
430
413
Mars, Inc. 4.80% 3/1/2030 (g)
2,935
2,975
Mars, Inc. 5.20% 3/1/2035 (g)
7,526
7,620
Mars, Inc. 5.70% 5/1/2055 (g)
9,387
9,371
Marsh & McLennan Cos., Inc. 4.65% 3/15/2030
500
506
Marsh & McLennan Cos., Inc. 2.25% 11/15/2030
101
90
Marsh & McLennan Cos., Inc. 4.85% 11/15/2031
1,000
1,016
Marsh & McLennan Cos., Inc. 5.00% 3/15/2035
9,000
9,002
Marsh & McLennan Cos., Inc. 5.45% 3/15/2054
1,000
965
Marsh & McLennan Cos., Inc. 5.40% 3/15/2055
2,500
2,411
Mastercard, Inc. 4.35% 1/15/2032
1,459
1,453
Mastercard, Inc. 4.95% 3/15/2032
2,550
2,625
Mastercard, Inc. 4.875% 5/9/2034
1,529
1,548
Mastercard, Inc. 4.55% 1/15/2035
1,920
1,889
Matador Resources Co. 6.50% 4/15/2032 (g)
315
315
Matador Resources Co. 6.25% 4/15/2033 (g)
395
393
McDonald’s Corp. 4.95% 3/3/2035
4,963
4,962
Medline Borrower, LP 6.25% 4/1/2029 (g)
841
865
Medline Borrower, LP 5.25% 10/1/2029 (g)
725
720
Medline Borrower, LP, Term Loan, (3-month USD CME Term SOFR + 2.25%) 6.577% 10/23/2028 (e)(i)
312
312
Meiji Yasuda Life Insurance Co. 5.80% 9/11/2054
(5-year UST Yield Curve Rate T Note Constant Maturity + 3.033% on 9/11/2034) (a)(g)
2,000
1,972
Meiji Yasuda Life Insurance Co. 6.10% 6/11/2055
(5-year UST Yield Curve Rate T Note Constant Maturity + 2.911% on 6/11/2035) (a)(g)
2,500
2,501
Meituan 3.05% 10/28/2030 (g)
315
291
Melco Resorts Finance, Ltd. 5.25% 4/26/2026 (g)
10,173
10,164
Melco Resorts Finance, Ltd. 5.625% 7/17/2027 (g)
5,827
5,820
Methanex US Operations, Inc. 6.25% 3/15/2032 (g)
115
115
MetLife, Inc. 5.375% 7/15/2033
1,500
1,562
MetLife, Inc. 5.30% 12/15/2034
1,000
1,028
MetLife, Inc. 5.00% 7/15/2052
230
209
Metropolitan Life Global Funding I 0.95% 7/2/2025 (g)
666
666
Metropolitan Life Global Funding I 3.45% 12/18/2026 (g)
810
801
Metropolitan Life Global Funding I 1.875% 1/11/2027 (g)
1,500
1,451
Metropolitan Life Global Funding I 5.05% 1/8/2034 (g)
500
504
MFRA Trust, Series 2024-NQM2, Class A1, 5.272% 8/25/2069 (6.272% on 8/1/2028) (a)(f)(g)
4,097
4,087
MFRA Trust, Series 2024-NQM3, Class A1, 5.722% 12/25/2069 (6.722% on 12/1/2028) (a)(f)(g)
4,633
4,665
MGM Resorts International 5.50% 4/15/2027
560
563
MI Windows and Doors, LLC, Term Loan B2, (3-month USD CME Term SOFR + 3.00%) 7.327%
3/28/2031 (e)(i)
178
179
Microchip Technology, Inc. 5.05% 3/15/2029
4,425
4,497
Microchip Technology, Inc. 5.05% 2/15/2030
4,765
4,836
Mileage Plus Holdings, LLC 6.50% 6/20/2027 (g)
536
537
Minejesa Capital BV 5.625% 8/10/2037 (g)
300
289
Minejesa Capital BV 5.625% 8/10/2037
200
193
Minera Mexico SA de CV, 5.625% 2/12/2032 (g)
3,805
3,874
Mineral Resources, Ltd. 8.125% 5/1/2027 (g)
276
276
Mineral Resources, Ltd. 8.00% 11/1/2027 (g)
661
665
Mineral Resources, Ltd. 9.25% 10/1/2028 (g)
1,060
1,086
Mineral Resources, Ltd. 8.50% 5/1/2030 (g)
100
100
Minerva Luxembourg SA 8.875% 9/13/2033
5,114
5,527
MISC Capital Two (Labuan), Ltd. 3.75% 4/6/2027 (g)
10,209
10,075
MISC Capital Two (Labuan), Ltd. 3.75% 4/6/2027
500
493
Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 (f)(g)
7,007
7,071
Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.59% 8/15/2029 (f)(g)
3,460
3,488
Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.40% 9/15/2031 (f)(g)
6,618
6,622
 
Capital World Bond Fund
25

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Miter Brands Acquisition Holdco, Inc. 6.75% 4/1/2032 (g)
USD197
$202
Mizuho Financial Group, Inc. 5.594% 7/10/2035 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.30%
on 7/10/2034) (a)
500
515
Molina Healthcare, Inc. 4.375% 6/15/2028 (g)
490
479
Molina Healthcare, Inc. 3.875% 11/15/2030 (g)
285
265
Molina Healthcare, Inc. 6.25% 1/15/2033 (g)
520
530
Mondelez International, Inc. 4.50% 5/6/2030
2,884
2,882
Mondelez International, Inc. 5.125% 5/6/2035
3,890
3,912
Moog, Inc. 4.25% 12/9/2027 (g)
770
754
Morgan Stanley 1.593% 5/4/2027 (USD-SOFR + 0.879% on 5/4/2026) (a)
5,386
5,257
Morgan Stanley 5.192% 4/17/2031 (USD-SOFR + 1.51% on 4/17/2030) (a)
2,890
2,963
Morgan Stanley 5.587% 1/18/2036 (USD-SOFR + 1.418% on 1/18/2035) (a)
1,895
1,946
Morgan Stanley 5.516% 11/19/2055 (USD-SOFR + 1.71% on 11/19/2054) (a)
2,057
2,012
Mozambique (Republic of) 9.00% 9/15/2031
1,980
1,638
MPT Operating Partnership, LP 5.00% 10/15/2027
1,938
1,792
MPT Operating Partnership, LP 8.50% 2/15/2032 (g)
888
930
Multi Family Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%)
7.055% 7/25/2054 (e)(f)(g)
3,221
3,251
Multi Family Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%)
6.705% 5/25/2055 (e)(f)(g)
2,245
2,252
Multi Family Connecticut Avenue Securities, Series 2025-01, Class M2, (30-day Average USD-SOFR + 3.10%)
7.405% 5/25/2055 (e)(f)(g)
2,011
2,021
Murphy Oil Corp. 6.00% 10/1/2032
375
358
MV24 Capital BV 6.748% 6/1/2034
6,591
6,398
Nabors Industries, Inc. 7.375% 5/15/2027 (g)
260
257
Nabors Industries, Inc. 9.125% 1/31/2030 (g)
285
273
Nabors Industries, Inc. 8.875% 8/15/2031 (g)
155
115
Navient Corp. 5.00% 3/15/2027
380
379
Navient Corp. 4.875% 3/15/2028
935
923
Navient Corp. 11.50% 3/15/2031
580
658
Navient Corp. 7.875% 6/15/2032
515
536
Navient Corp. 5.625% 8/1/2033
255
235
Navient Education Loan Trust, Series 2025-A, Class A, 5.02% 7/15/2055 (f)(g)
2,335
2,350
NCR Atleos Corp. 9.50% 4/1/2029 (g)
566
620
New Fortress Energy, Inc. 6.50% 9/30/2026 (g)
150
83
New Fortress Energy, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.50%) 9.807% 10/30/2028 (e)(i)
410
225
New York Life Global Funding 1.20% 8/7/2030 (g)
11,090
9,490
New York Life Global Funding 5.35% 1/23/2035 (g)
4,000
4,107
New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/2068 (e)(f)(g)
3,472
3,216
Newell Brands, Inc. 8.50% 6/1/2028 (g)
210
221
Newell Brands, Inc. 6.375% 5/15/2030
175
171
Newell Brands, Inc. 6.875% 4/1/2036
325
312
Newell Brands, Inc. 7.00% 4/1/2046
150
128
Nexstar Media, Inc. 5.625% 7/15/2027 (g)
855
854
Nexstar Media, Inc. 4.75% 11/1/2028 (g)
1,037
1,011
NFE Financing, LLC 12.00% 11/15/2029 (g)
5,407
2,459
NGL Energy Operating, LLC 8.375% 2/15/2032 (g)
170
171
Nigeria (Republic of) 7.696% 2/23/2038
500
434
Nigeria (Republic of) 8.25% 9/28/2051
1,070
890
Nippon Life Insurance Co. 6.50% 4/30/2055
(5-year UST Yield Curve Rate T Note Constant Maturity + 3.189% on 4/30/2035) (a)(g)
2,184
2,262
Nissan Motor Co., Ltd. 3.522% 9/17/2025 (g)
200
199
NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 (f)(g)
3,958
3,962
Nomura Holdings, Inc. 5.783% 7/3/2034
5,212
5,394
Norfolk Southern Corp. 4.45% 3/1/2033
707
692
Norfolk Southern Corp. 5.10% 5/1/2035
2,154
2,166
Norfolk Southern Corp. 5.35% 8/1/2054
1,257
1,202
Northern Oil and Gas, Inc. 8.125% 3/1/2028 (g)
1,195
1,206
Northern Oil and Gas, Inc. 8.75% 6/15/2031 (g)
10
10
Northern States Power Co. 5.05% 5/15/2035
1,100
1,111
Northern States Power Co. 5.65% 5/15/2055
125
125
NOVA Chemicals Corp. 5.25% 6/1/2027 (g)
300
299
NOVA Chemicals Corp. 9.00% 2/15/2030 (g)
575
622
NOVA Chemicals Corp. 7.00% 12/1/2031 (g)
230
241
NRZ Excess Spread Collateralized Notes, Series 2025-FHT1, Class A, 6.545% 3/25/2032 (a)(f)(g)
2,747
2,761
NuStar Logistics, LP 5.625% 4/28/2027
630
636
Occidental Petroleum Corp. 6.60% 3/15/2046
380
375
Occidental Petroleum Corp. 6.05% 10/1/2054
1,095
1,004
 
26
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
OCP SA 3.75% 6/23/2031
USD3,400
$3,053
Oleoducto Central SA 4.00% 7/14/2027
1,598
1,559
Omnis Funding Trust 6.722% 5/15/2055 (g)
1,500
1,556
OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 (f)(g)
1,780
1,802
OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class B, 7.15% 6/17/2031 (f)(g)
792
805
OneMain Finance Corp. 7.125% 9/15/2032
385
399
ONEOK, Inc. 5.05% 11/1/2034
2,186
2,128
OneSky Flight, LLC 8.875% 12/15/2029 (g)
215
224
Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 3/25/2028 (6.988% on 3/1/2028) (a)(f)(g)
4,936
4,973
Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028) (a)(f)(g)
9,977
10,086
Onslow Bay Financial, LLC, Series 2025-NQM3, Class A1, 5.648% 12/1/2064 (6.648% on 2/1/2029) (a)(f)(g)
15,317
15,411
Onslow Bay Financial, LLC, Series 2025-NQM1, Class A1, 5.547% 12/25/2064 (6.547% on 12/1/2028) (a)(f)(g)
8,992
9,030
Opal Bidco SAS 6.50% 3/31/2032 (g)
335
342
Open Text Corp. 3.875% 12/1/2029 (g)
600
566
Open Text Holdings, Inc. 4.125% 12/1/2031 (g)
200
184
Oracle Corp. 3.25% 11/15/2027
4
4
Oracle Corp. 5.50% 8/3/2035
1,778
1,818
Osaic Holdings, Inc. 10.75% 8/1/2027 (g)
1,643
1,648
Osaic Holdings, Inc., Term Loan B4, (3-month USD CME Term SOFR + 3.50%) 7.827% 8/17/2028 (e)(i)
222
223
Owens & Minor, Inc. 4.50% 3/31/2029 (g)
85
76
Owens & Minor, Inc. 6.625% 4/1/2030 (g)
748
703
Pacific Gas and Electric Co. 2.10% 8/1/2027
150
142
Pacific Gas and Electric Co. 3.00% 6/15/2028
7,820
7,429
Pacific Gas and Electric Co. 4.65% 8/1/2028
9,055
9,007
Pacific Gas and Electric Co. 2.50% 2/1/2031
1,228
1,067
Pacific Gas and Electric Co. 4.40% 3/1/2032
1,682
1,579
Pacific Gas and Electric Co. 6.15% 1/15/2033
4,075
4,200
Pacific Gas and Electric Co. 6.40% 6/15/2033
2,798
2,926
Pacific Gas and Electric Co. 5.80% 5/15/2034
4,483
4,485
Pacific Gas and Electric Co. 5.70% 3/1/2035
1,125
1,116
Pacific Gas and Electric Co. 6.00% 8/15/2035
6,388
6,462
Pacific Gas and Electric Co. 3.30% 8/1/2040
125
90
Pacific Gas and Electric Co. 4.95% 7/1/2050
3,839
3,098
Pacific Gas and Electric Co. 3.50% 8/1/2050
4,459
2,863
Pacific Gas and Electric Co. 5.90% 10/1/2054
1,218
1,106
Pacific Gas and Electric Co. 6.15% 3/1/2055
1,269
1,186
PacifiCorp 3.30% 3/15/2051
175
114
PacifiCorp 2.90% 6/15/2052
200
119
PacifiCorp 5.35% 12/1/2053
1,058
952
PacifiCorp 5.50% 5/15/2054
2,630
2,422
PacifiCorp 5.80% 1/15/2055
4,133
3,960
Panama (Republic of) 3.75% 4/17/2026
411
406
Panama (Republic of) 7.50% 3/1/2031
2,690
2,869
Panama (Republic of) 6.375% 7/25/2033 (g)
1,115
1,053
Panama (Republic of) 8.00% 3/1/2038
4,780
5,134
Panama (Republic of) 4.50% 4/1/2056
1,139
741
Panama (Republic of) 7.875% 3/1/2057
11,600
11,832
Panther Escrow Issuer, LLC 7.125% 6/1/2031 (g)
675
702
Park Intermediate Holdings, LLC 5.875% 10/1/2028 (g)
380
380
Park Intermediate Holdings, LLC 4.875% 5/15/2029 (g)
320
310
Park Intermediate Holdings, LLC 7.00% 2/1/2030 (g)
685
705
Parker-Hannifin Corp. 3.25% 6/14/2029
70
67
Parkland Corp. 5.875% 7/15/2027 (g)
500
501
Party City Holdco, Inc. 12.00% PIK 1/11/2029 (g)(h)(j)(m)
179
18
PEAC Solutions Receivables, LLC, Series 2025-1A, Class A2, 4.94% 10/20/2028 (f)(g)
3,623
3,638
Pebblebrook Hotel, LP 6.375% 10/15/2029 (g)
500
503
PennyMac Financial Services, Inc. 6.875% 5/15/2032 (g)
380
389
Performance Food Group, Inc. 5.50% 10/15/2027 (g)
395
395
Performance Food Group, Inc. 4.25% 8/1/2029 (g)
500
483
Performance Food Group, Inc. 6.125% 9/15/2032 (g)
225
230
Permian Resources Operating, LLC 8.00% 4/15/2027 (g)
225
230
Permian Resources Operating, LLC 9.875% 7/15/2031 (g)
209
229
Permian Resources Operating, LLC 7.00% 1/15/2032 (g)
300
311
Permian Resources Operating, LLC 6.25% 2/1/2033 (g)
814
822
Perrigo Finance Unlimited Co. 6.125% 9/30/2032
260
263
Peru (Republic of) 8.75% 11/21/2033
830
1,016
Peru (Republic of) 5.50% 3/30/2036
1,150
1,152
Peru (Republic of) 3.60% 1/15/2072
1,100
679
 
Capital World Bond Fund
27

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Petco Health and Wellness Co., Inc., Term Loan B, (3-month USD CME Term SOFR + 3.25%) 7.807% 3/3/2028 (e)(i)
USD650
$601
Petroleos Mexicanos 6.875% 10/16/2025
2,884
2,883
Petroleos Mexicanos 6.875% 8/4/2026
8,766
8,773
Petroleos Mexicanos 6.49% 1/23/2027
29,433
29,303
Petroleos Mexicanos 6.50% 3/13/2027
41,760
41,496
Petroleos Mexicanos 6.50% 1/23/2029
1,250
1,224
Petroleos Mexicanos 6.84% 1/23/2030
46,323
44,781
Petroleos Mexicanos 5.95% 1/28/2031
400
362
Petroleos Mexicanos 6.70% 2/16/2032
2,260
2,102
Petroleos Mexicanos 6.75% 9/21/2047
26
19
Petroleos Mexicanos 7.69% 1/23/2050
610
480
Petroleos Mexicanos 6.95% 1/28/2060
379
273
PETRONAS Capital, Ltd. 3.50% 4/21/2030 (g)
365
351
PETRONAS Capital, Ltd. 4.95% 1/3/2031 (g)
2,745
2,802
PETRONAS Capital, Ltd. 2.48% 1/28/2032
200
174
PETRONAS Capital, Ltd. 5.34% 4/3/2035 (g)
2,450
2,510
PETRONAS Capital, Ltd. 4.55% 4/21/2050 (g)
400
339
PETRONAS Capital, Ltd. 3.404% 4/28/2061
300
196
Petrorio Luxembourg Holding SARL 6.125% 6/9/2026
2,940
2,947
Pfizer Investment Enterprises Pte., Ltd. 4.75% 5/19/2033
9,577
9,552
Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053
3,436
3,246
PG&E Corp. 5.00% 7/1/2028
1,600
1,559
PG&E Corp., junior subordinated, 7.375% 3/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity +
3.883% on 3/15/2030) (a)
970
921
Philip Morris International, Inc. 5.125% 2/13/2031
238
245
Philip Morris International, Inc. 4.75% 11/1/2031
609
614
Philip Morris International, Inc. 5.75% 11/17/2032
9,986
10,562
Philip Morris International, Inc. 5.375% 2/15/2033
9,870
10,197
Philip Morris International, Inc. 5.625% 9/7/2033
1,000
1,048
Philip Morris International, Inc. 5.25% 2/13/2034
2,000
2,041
Philip Morris International, Inc. 4.90% 11/1/2034
7,303
7,273
Philippines (Republic of) 6.375% 10/23/2034
2,320
2,552
Planet Financial Group, LLC 10.50% 12/15/2029 (g)
180
180
PLDT, Inc. 2.50% 1/23/2031
380
341
PLDT, Inc. 3.45% 6/23/2050
200
138
PM General Purchaser, LLC 9.50% 10/1/2028 (g)
55
38
PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033) (a)
4,055
4,535
PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034) (a)
1,175
1,221
PNC Financial Services Group, Inc. 5.575% 1/29/2036 (USD-SOFR + 1.394% on 1/29/2035) (a)
3,582
3,693
POSCO 5.75% 1/17/2028 (g)
305
314
POSCO Holdings, Inc. 4.875% 1/23/2027 (g)
3,520
3,537
POSCO Holdings, Inc. 5.75% 5/7/2035
200
207
Post Holdings, Inc. 5.50% 12/15/2029 (g)
490
488
Post Holdings, Inc. 4.625% 4/15/2030 (g)
535
515
Post Holdings, Inc. 6.25% 2/15/2032 (g)
833
857
Prestige Brands, Inc. 3.75% 4/1/2031 (g)
800
738
Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2030 (f)(g)
184
173
Prologis, LP 4.75% 6/15/2033
1,362
1,359
Prologis, LP 5.00% 3/15/2034
185
186
Prologis, LP 5.00% 1/31/2035
1,138
1,138
Prologis, LP 5.25% 6/15/2053
74
70
Prologis, LP 5.25% 3/15/2054
70
66
PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) (a)(f)(g)
4,044
3,872
Prudential Financial, Inc. 3.905% 12/7/2047
250
196
PT Bank Negara Indonesia (Persero) Tbk 4.30% junior subordinated perpetual bonds (5-year UST Yield Curve
Rate T Note Constant Maturity + 3.466% on 3/24/2027) (a)
27,730
26,503
PT Freeport Indonesia 4.763% 4/14/2027
200
200
PT Freeport Indonesia 5.315% 4/14/2032
200
201
PT Freeport Indonesia 6.20% 4/14/2052
200
196
PT Krakatau Posco 6.375% 6/11/2027
200
201
PT Krakatau Posco 6.375% 6/11/2029
600
602
PTTEP Treasury Center Co., Ltd. 2.587% 6/10/2027 (g)
230
222
Public Service Electric and Gas Co. 5.125% 3/15/2053
1,975
1,861
Qatar Energy 3.125% 7/12/2041 (g)
16,050
11,868
Quikrete Holdings, Inc. 6.375% 3/1/2032 (g)
290
298
Quikrete Holdings, Inc. 6.75% 3/1/2033 (g)
575
594
Quikrete Holdings, Inc., Term Loan B3, (3-month USD CME Term SOFR + 2.25%) 6.577% 2/10/2032 (e)(i)
110
110
QXO Building Products, Inc. 6.75% 4/30/2032 (g)
245
253
 
28
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Radiology Partners, Inc. 9.781% PIK 2/15/2030 (g)(j)
USD1,869
$1,839
Radiology Partners, Inc. 8.50% 7/15/2032 (g)
805
808
Radiology Partners, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.50%) 1.50% PIK and 6.591% Cash
1/31/2029 (e)(i)(j)
389
388
Raizen Fuels Finance SA 6.45% 3/5/2034 (g)
7,050
7,061
Raizen Fuels Finance SA 6.95% 3/5/2054 (g)
935
868
Range Resources Corp. 8.25% 1/15/2029
135
139
Range Resources Corp. 4.75% 2/15/2030 (g)
938
913
Regeneron Pharmaceuticals, Inc. 1.75% 9/15/2030
5,949
5,168
Reliance Industries, Ltd. 2.875% 1/12/2032
250
222
Reliance Industries, Ltd. 6.25% 10/19/2040
250
269
Reliance Industries, Ltd. 3.625% 1/12/2052
250
173
RenaissanceRe Holdings, Ltd. 5.80% 4/1/2035
2,024
2,081
Reworld Holding Corp. 4.875% 12/1/2029 (g)
145
138
RHP Hotel Properties, LP 7.25% 7/15/2028 (g)
391
405
RHP Hotel Properties, LP 4.50% 2/15/2029 (g)
560
548
RHP Hotel Properties, LP 6.50% 6/15/2033 (g)
185
190
Rio Tinto Finance (USA) PLC 5.25% 3/14/2035
3,678
3,744
RLJ Lodging Trust, LP 3.75% 7/1/2026 (g)
40
40
RLJ Lodging Trust, LP 4.00% 9/15/2029 (g)
440
411
Roche Holdings, Inc. 4.592% 9/9/2034 (g)
2,500
2,475
Romania 7.625% 1/17/2053 (g)
346
350
Roper Technologies, Inc. 4.75% 2/15/2032
1,000
1,002
Roper Technologies, Inc. 4.90% 10/15/2034
2,675
2,639
Royal Bank of Canada 5.153% 2/4/2031 (USD-SOFR + 1.03% on 2/4/2030) (a)
12,050
12,302
Royal Bank of Canada 4.971% 5/2/2031 (USD-SOFR + 1.13% on 5/2/2030) (a)
4,083
4,145
Royal Caribbean Cruises, Ltd. 6.25% 3/15/2032 (g)
325
334
Royal Caribbean Cruises, Ltd. 6.00% 2/1/2033 (g)
450
459
RTX Corp. 5.00% 2/27/2026
250
251
RTX Corp. 5.75% 11/8/2026
1,000
1,019
RTX Corp. 3.125% 5/4/2027
250
245
RTX Corp. 5.75% 1/15/2029
2,000
2,096
RTX Corp. 6.00% 3/15/2031
708
761
RTX Corp. 1.90% 9/1/2031
722
618
RTX Corp. 6.10% 3/15/2034
1,978
2,139
RTX Corp. 2.82% 9/1/2051
750
464
RTX Corp. 3.03% 3/15/2052
500
321
RTX Corp. 5.375% 2/27/2053
1,000
958
RTX Corp. 6.40% 3/15/2054
1,102
1,209
Ryan Specialty, LLC 4.375% 2/1/2030 (g)
555
537
Ryan Specialty, LLC 5.875% 8/1/2032 (g)
320
323
Saavi Energia SARL 8.875% 2/10/2035 (g)
280
293
Sabre GLBL, Inc. 11.125% 7/15/2030 (g)
762
798
Sally Holdings, LLC 6.75% 3/1/2032
725
745
San Miguel Global Power Holdings Corp. 8.75% perpetual bonds (5-year UST Yield Curve Rate T Note Constant
Maturity + 7.732% on 9/12/2029) (a)
5,000
5,029
Sands China, Ltd. 3.80% 1/8/2026
1,000
995
Sands China, Ltd. 5.40% 8/8/2028
22,220
22,400
Sands China, Ltd. 4.375% 6/18/2030
200
191
Sands China, Ltd. 3.25% 8/8/2031
1,000
883
Santander Holdings USA, Inc. 3.244% 10/5/2026
7,197
7,088
Saskatchewan (Province of) 3.25% 6/8/2027
1,073
1,057
Sasol Financing USA, LLC 8.75% 5/3/2029 (b)
11,550
11,446
Sats Treasury Pte., Ltd. 4.828% 1/23/2029
200
204
Saturn Oil & Gas, Inc. 9.625% 6/15/2029 (g)
313
311
Saudi Arabia (Kingdom of) 3.625% 3/4/2028
2,510
2,468
Saudi Arabia (Kingdom of) 4.875% 7/18/2033 (g)
595
598
Saudi Arabia (Kingdom of) 5.625% 1/13/2035 (g)
1,580
1,649
Saudi Arabia (Kingdom of) 5.75% 1/16/2054
205
196
Saudi Arabian Oil Co. 5.25% 7/17/2034 (g)
1,695
1,714
Saudi Arabian Oil Co. 5.75% 7/17/2054 (g)
7,225
6,790
SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 (f)(g)
9,743
9,953
Scientific Games Holdings, LP 6.625% 3/1/2030 (g)
441
425
SCIH Salt Holdings, Inc. 4.875% 5/1/2028 (g)
360
351
SCIH Salt Holdings, Inc. 6.625% 5/1/2029 (g)
860
842
Seadrill Finance, Ltd. 8.375% 8/1/2030 (g)
550
561
Sealed Air Corp. 6.50% 7/15/2032 (g)
790
819
Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 (f)(g)
542
546
 
Capital World Bond Fund
29

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Securitized Term Auto Receivables Trust, Series 2025-B, Class B, 4.98% 12/29/2032 (f)(g)
USD4,791
$4,807
Senegal (Republic of) 6.25% 5/23/2033
570
377
Sensata Technologies BV 4.00% 4/15/2029 (g)
620
590
Sensata Technologies, Inc. 3.75% 2/15/2031 (g)
160
146
Serbia (Republic of) 6.25% 5/26/2028 (g)
1,962
2,030
Serbia (Republic of) 6.50% 9/26/2033 (g)
1,378
1,453
Service Corp. International 5.75% 10/15/2032
225
228
Service Properties Trust 4.75% 10/1/2026
157
155
Service Properties Trust 4.95% 2/15/2027
722
713
Service Properties Trust 3.95% 1/15/2028
340
314
Service Properties Trust 8.375% 6/15/2029
825
859
Service Properties Trust 4.95% 10/1/2029
567
495
Service Properties Trust 4.375% 2/15/2030
1,532
1,290
Service Properties Trust 8.625% 11/15/2031 (g)
1,569
1,685
Service Properties Trust 8.875% 6/15/2032
425
437
ServiceNow, Inc. 1.40% 9/1/2030
4,324
3,749
Shell International Finance BV 3.00% 11/26/2051
2,500
1,611
Shift4 Payments, LLC, 6.75% 8/15/2032 (g)
1,005
1,044
Siemens Funding BV 5.80% 5/28/2055 (g)
1,004
1,037
Sirius XM Radio, LLC 3.125% 9/1/2026 (g)
250
245
Sirius XM Radio, LLC 5.00% 8/1/2027 (g)
500
496
Sirius XM Radio, LLC 4.00% 7/15/2028 (g)
1,000
961
Sirius XM Radio, LLC 4.125% 7/1/2030 (g)
1,019
940
Sirius XM Radio, LLC 3.875% 9/1/2031 (g)
2,106
1,873
SK hynix, Inc. 1.50% 1/19/2026 (g)
252
248
SK hynix, Inc. 5.50% 1/16/2029
4,000
4,116
SK hynix, Inc. 2.375% 1/19/2031 (g)
294
260
SK hynix, Inc. 6.50% 1/17/2033
400
433
SLM Corp. 6.50% 1/31/2030
395
415
SM Energy Co. 6.50% 7/15/2028
135
136
SMB Private Education Loan Trust, Series 2023-C, Class A1B, (30-day Average USD-SOFR + 1.55%)
5.854% 11/15/2052 (e)(f)(g)
3,494
3,531
SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 (f)(g)
3,737
3,784
SMRC Automotive Holdings Netherlands BV 5.625% 7/11/2029 (g)
4,125
4,193
Snap, Inc. 6.875% 3/1/2033 (g)
520
534
Sonic Automotive, Inc. 4.625% 11/15/2029 (g)
425
413
Sonic Automotive, Inc. 4.875% 11/15/2031 (g)
1,020
970
South Africa (Republic of) 4.30% 10/12/2028
1,034
1,000
South Africa (Republic of) 5.375% 7/24/2044
800
611
Southern California Edison Co. 2.85% 8/1/2029
1,100
1,018
Southern California Edison Co. 5.45% 3/1/2035
2,176
2,137
Southern California Edison Co. 2.95% 2/1/2051
6,231
3,654
Southern California Edison Co. 3.45% 2/1/2052
5,983
3,764
Southern California Edison Co. 5.75% 4/15/2054
3,981
3,571
Southern California Edison Co. 5.90% 3/1/2055
3,000
2,747
Southern California Edison Co. 6.20% 9/15/2055
1,812
1,737
Southwestern Electric Power Co. 3.25% 11/1/2051
675
437
Standard Chartered PLC 4.866% 3/15/2033 (5-year USD-ICE Swap + 1.97% on 3/15/2028) (a)(g)
3,500
3,488
Standard Chartered PLC 4.866% 3/15/2033 (5-year USD-ICE Swap + 1.97% on 3/15/2028) (a)
1,200
1,196
Standard Chartered PLC 5.905% 5/14/2035
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.45% on 5/14/2034) (a)(g)
6,796
7,073
Standard Chartered PLC 3.265% 2/18/2036
(5-year UST Yield Curve Rate T Note Constant Maturity + 2.30% on 2/18/2031) (a)(g)
957
864
Starbucks Corp. 4.80% 5/15/2030
4,280
4,335
Starbucks Corp. 5.40% 5/15/2035
1,493
1,522
Starwood Mortgage Residential Trust, Series 2025-SFR5, Class A, (1-month USD CME Term SOFR + 1.45%)
5.762% 2/17/2042 (e)(f)(g)
1,336
1,338
Starwood Property Trust, Inc. 6.50% 7/1/2030 (g)
75
78
State Street Corp. 5.146% 2/28/2036 (USD-SOFR + 1.217% on 2/28/2035) (a)
2,124
2,150
Station Casinos, LLC 6.625% 3/15/2032 (g)
205
210
Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 5.256%
7/15/2032 (e)(f)(g)
5,002
5,002
Stillwater Mining Co. 4.00% 11/16/2026 (b)
9,642
9,426
Stryker Corp. 4.85% 2/10/2030
3,580
3,654
Stryker Corp. 5.20% 2/10/2035
2,700
2,753
Summit Digitel Infrastructure Pvt, Ltd. 2.875% 8/12/2031 (g)
235
208
Summit Midstream Holdings, LLC 8.625% 10/31/2029 (g)
695
712
Sunoco, LP 7.00% 5/1/2029 (g)
195
203
 
30
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Sunoco, LP 4.50% 5/15/2029
USD1,375
$1,336
Sunoco, LP 4.50% 4/30/2030
160
154
Sunoco, LP 6.25% 7/1/2033 (g)
275
280
Superior Plus, LP 4.50% 3/15/2029 (g)
148
142
Surgery Center Holdings, Inc. 7.25% 4/15/2032 (g)
530
541
Surgery Center Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.077% 12/19/2030 (e)(i)
89
89
SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, (1-month USD CME Term SOFR + 1.443%)
5.755% 3/15/2042 (e)(f)(g)
41,079
40,843
Swiss Re Finance (Luxembourg) SA 5.00% 4/2/2049
(5-year UST Yield Curve Rate T Note Constant Maturity + 3.582% on 4/2/2029) (a)(g)
1,400
1,398
Synopsys, Inc. 5.00% 4/1/2032
3,050
3,091
Synopsys, Inc. 5.15% 4/1/2035
14,215
14,334
Synopsys, Inc. 5.70% 4/1/2055
4,741
4,717
Takeda U.S. Financing, Inc. 5.20% 7/7/2035
4,510
4,512
Takeda U.S. Financing, Inc. 5.90% 7/7/2055
868
873
Talen Energy Supply, LLC 8.625% 6/1/2030 (g)
1,520
1,630
Talen Energy Supply, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.808% 5/17/2030 (e)(i)
421
423
Talos Production, Inc. 9.00% 2/1/2029 (g)
850
871
Talos Production, Inc. 9.375% 2/1/2031 (g)
620
633
Tampa Electric Co. 5.15% 3/1/2035
1,870
1,880
Targa Resources Corp. 5.55% 8/15/2035
2,171
2,183
Tencent Holdings, Ltd. 3.975% 4/11/2029
250
248
Tencent Holdings, Ltd. 2.39% 6/3/2030 (g)
300
275
Tencent Holdings, Ltd. 3.68% 4/22/2041
1,535
1,225
Tencent Holdings, Ltd. 3.84% 4/22/2051
4,082
3,082
Tenet Healthcare Corp. 4.625% 6/15/2028
850
840
Tenet Healthcare Corp. 6.75% 5/15/2031
720
745
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026
6,700
6,574
Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029
2,820
2,838
Teva Pharmaceutical Finance Netherlands III BV 8.125% 9/15/2031
461
523
Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032
200
204
Teva Pharmaceutical Finance Netherlands III BV 4.10% 10/1/2046
855
616
Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030
200
204
Texas Combined Tirz I, LLC 0% 12/7/2062 (g)(h)
100
100
Texas Instruments, Inc. 5.10% 5/23/2035
2,200
2,242
TGS ASA 8.50% 1/15/2030 (g)
435
451
Thaioil Treasury Center Co., Ltd. 5.375% 11/20/2048
200
168
Thaioil Treasury Center Co., Ltd. 3.50% 10/17/2049
200
123
The Dun & Bradstreet Corp., Term Loan B, 0% 7/1/2032 (i)
(k)
(k)
The Dun & Bradstreet Corp., Term Loan, 0% 9/30/2032 (i)
(k)
(k)
Tidewater, Inc. 9.125% 7/15/2030 (g)
80
82
Tierra Mojada Luxembourg II SARL 5.75% 12/1/2040
5,609
5,304
T-Mobile USA, Inc. 5.05% 7/15/2033
946
953
T-Mobile USA, Inc. 5.75% 1/15/2054
265
260
TNB Global Ventures Capital Bhd 3.244% 10/19/2026
500
493
TotalEnergies Capital SA 5.488% 4/5/2054
2,435
2,346
Towd Point Mortgage Trust, Series 2024-3, Class A1A, 5.107% 7/25/2065 (e)(f)(g)
1,006
1,027
TransDigm, Inc. 6.375% 3/1/2029 (g)
300
308
TransDigm, Inc. 4.875% 5/1/2029
500
492
TransDigm, Inc. 6.875% 12/15/2030 (g)
135
140
TransDigm, Inc. 6.625% 3/1/2032 (g)
275
285
TransDigm, Inc. 6.375% 5/31/2033 (g)
380
381
Transocean Aquila, Ltd. 8.00% 9/30/2028 (g)
61
62
Transocean Titan Financing, Ltd. 8.375% 2/1/2028 (g)
1,088
1,105
Transocean, Inc. 8.25% 5/15/2029 (g)
185
171
Transocean, Inc. 8.75% 2/15/2030 (g)
296
305
Transocean, Inc. 8.50% 5/15/2031 (g)
415
371
Transocean, Inc. 6.80% 3/15/2038
625
440
Travel + Leisure Co. 4.625% 3/1/2030 (g)
250
240
TreeHouse Foods, Inc. 4.00% 9/1/2028
410
374
Treehouse Park Improvement Association No.1 9.75% 12/1/2033 (g)(h)
600
600
Tricon Residential Trust, Series 2023-SFR1, Class B, 5.10% 7/17/2040 (f)(g)
1,467
1,474
Tricon Residential Trust, Series 2023-SFR1, Class C, 5.10% 7/17/2040 (f)(g)
317
316
Tricon Residential Trust, Series 2024-SFR4, Class A, 4.30% 11/17/2041 (f)(g)
3,225
3,182
Trident TPI Holdings, Inc. 12.75% 12/31/2028 (g)
500
531
Trinidad Generation Unlimited 7.75% 6/16/2033 (g)
390
404
Trinitas CLO, Ltd., Series 2018-9A, Class ARRR, (3-month USD CME Term SOFR + 1.20%) 5.469% 1/20/2032 (e)(f)(g)
1,755
1,755
Truist Financial Corp. 5.071% 5/20/2031 (USD-SOFR + 1.309% on 5/20/2030) (a)
1,484
1,507
 
Capital World Bond Fund
31

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Truist Insurance Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.046% 5/6/2032 (e)(i)
USD845
$857
Turkey (Republic of) 7.125% 7/17/2032
8,960
8,979
Turkey (Republic of) 6.00% 1/14/2041
2,240
1,852
U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 (f)(g)
4,558
4,562
U.S. Treasury 3.125% 8/15/2025 (n)
2,500
2,496
U.S. Treasury 0.25% 10/31/2025
25
25
U.S. Treasury 3.00% 10/31/2025
11
11
U.S. Treasury 4.50% 11/15/2025
29
29
U.S. Treasury 4.25% 1/31/2026
11,091
11,093
U.S. Treasury 0.75% 3/31/2026
2,000
1,951
U.S. Treasury 2.25% 3/31/2026
25
25
U.S. Treasury 0.75% 4/30/2026
1,156
1,125
U.S. Treasury 4.875% 4/30/2026
28,655
28,840
U.S. Treasury 3.625% 5/15/2026
85
84
U.S. Treasury 0.875% 6/30/2026
2,880
2,793
U.S. Treasury 4.50% 7/15/2026
11,597
11,660
U.S. Treasury 4.375% 7/31/2026
2,700
2,711
U.S. Treasury 4.625% 9/15/2026
7,692
7,756
U.S. Treasury 0.875% 9/30/2026
8,176
7,877
U.S. Treasury 4.125% 10/31/2026
19,900
19,957
U.S. Treasury 2.00% 11/15/2026
1,500
1,463
U.S. Treasury 4.625% 11/15/2026
1,658
1,674
U.S. Treasury 1.625% 11/30/2026
25
24
U.S. Treasury 4.375% 12/15/2026
6,506
6,555
U.S. Treasury 4.25% 12/31/2026
3,000
3,018
U.S. Treasury 4.00% 1/15/2027
22
22
U.S. Treasury 2.25% 2/15/2027
4,550
4,439
U.S. Treasury 4.125% 2/15/2027
11,699
11,756
U.S. Treasury 2.50% 3/31/2027
3,852
3,771
U.S. Treasury 4.50% 4/15/2027
1,247
1,263
U.S. Treasury 0.50% 4/30/2027
300
283
U.S. Treasury 2.375% 5/15/2027
2,160
2,107
U.S. Treasury 2.625% 5/31/2027
2,170
2,125
U.S. Treasury 3.75% 6/30/2027
15,444
15,455
U.S. Treasury 4.375% 7/15/2027
1,096
1,110
U.S. Treasury 2.75% 7/31/2027
3,900
3,824
U.S. Treasury 4.125% 9/30/2027 (n)
38,082
38,428
U.S. Treasury 3.875% 11/30/2027
5,250
5,270
U.S. Treasury 2.75% 2/15/2028
310
303
U.S. Treasury 1.125% 2/29/2028
8,937
8,358
U.S. Treasury 4.00% 2/29/2028
5,688
5,731
U.S. Treasury 1.25% 3/31/2028
1,244
1,165
U.S. Treasury 3.625% 3/31/2028
(k)
(k)
U.S. Treasury 1.25% 5/31/2028
1,715
1,600
U.S. Treasury 3.625% 5/31/2028
350
349
U.S. Treasury 3.875% 6/15/2028
20
21
U.S. Treasury 2.875% 8/15/2028
1,030
1,005
U.S. Treasury 1.125% 8/31/2028
10,000
9,234
U.S. Treasury 4.375% 8/31/2028
7,970
8,128
U.S. Treasury 4.625% 4/30/2029
54,662
56,376
U.S. Treasury 4.50% 5/31/2029
1,450
1,490
U.S. Treasury 3.25% 6/30/2029
1,700
1,669
U.S. Treasury 4.25% 6/30/2029
424
432
U.S. Treasury 4.125% 10/31/2029
20,068
20,357
U.S. Treasury 4.125% 11/30/2029
5,919
6,006
U.S. Treasury 3.875% 12/31/2029
2,000
2,008
U.S. Treasury 1.50% 2/15/2030
240
217
U.S. Treasury 4.00% 3/31/2030
1,034
1,043
U.S. Treasury 0.625% 5/15/2030 (n)
86,864
74,731
U.S. Treasury 3.75% 5/31/2030
11,114
11,089
U.S. Treasury 0.625% 8/15/2030
20
17
U.S. Treasury 4.625% 9/30/2030
2,880
2,988
U.S. Treasury 4.375% 11/30/2030
7,800
8,001
U.S. Treasury 4.25% 2/28/2031
1,900
1,936
U.S. Treasury 4.125% 3/31/2031
1,900
1,924
U.S. Treasury 1.625% 5/15/2031
2,810
2,477
U.S. Treasury 1.25% 8/15/2031
1,114
953
U.S. Treasury 4.125% 10/31/2031
768
776
 
32
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
U.S. Treasury 1.375% 11/15/2031
USD2,800
$2,396
U.S. Treasury 4.125% 11/30/2031
2,270
2,293
U.S. Treasury 2.875% 5/15/2032
18,675
17,423
U.S. Treasury 3.875% 8/15/2033 (n)
38,198
37,628
U.S. Treasury 4.50% 11/15/2033
1,053
1,081
U.S. Treasury 4.375% 5/15/2034 (n)
32,438
32,958
U.S. Treasury 3.875% 8/15/2034
3,369
3,290
U.S. Treasury 4.25% 11/15/2034
11,185
11,221
U.S. Treasury 4.25% 5/15/2035 (n)
67,008
67,097
U.S. Treasury 4.50% 8/15/2039
2,270
2,261
U.S. Treasury 4.375% 11/15/2039
1,000
981
U.S. Treasury 4.625% 2/15/2040
250
251
U.S. Treasury 1.125% 8/15/2040
2,473
1,522
U.S. Treasury 1.875% 2/15/2041
11,036
7,591
U.S. Treasury 2.25% 5/15/2041
7,922
5,756
U.S. Treasury 1.75% 8/15/2041
6,737
4,472
U.S. Treasury 2.00% 11/15/2041
669
460
U.S. Treasury 3.125% 11/15/2041
100
82
U.S. Treasury 2.375% 2/15/2042
1,803
1,311
U.S. Treasury 3.25% 5/15/2042
4,936
4,083
U.S. Treasury 2.75% 8/15/2042
100
77
U.S. Treasury 2.75% 11/15/2042
1,480
1,128
U.S. Treasury 4.00% 11/15/2042
245
224
U.S. Treasury 3.875% 2/15/2043
160
143
U.S. Treasury 2.875% 5/15/2043
1,800
1,388
U.S. Treasury 3.875% 5/15/2043
11,170
9,976
U.S. Treasury 3.625% 8/15/2043
1,230
1,058
U.S. Treasury 4.375% 8/15/2043
111
105
U.S. Treasury 4.75% 11/15/2043
670
670
U.S. Treasury 4.50% 2/15/2044
4,246
4,104
U.S. Treasury 3.375% 5/15/2044
1,550
1,276
U.S. Treasury 2.50% 2/15/2045
1,900
1,338
U.S. Treasury 4.75% 2/15/2045
1,167
1,160
U.S. Treasury 3.00% 5/15/2045
30
23
U.S. Treasury 2.875% 8/15/2045
1,250
934
U.S. Treasury 2.50% 2/15/2046
2,510
1,739
U.S. Treasury 2.75% 8/15/2047
3,455
2,462
U.S. Treasury 3.00% 2/15/2048
673
500
U.S. Treasury 3.125% 5/15/2048
800
607
U.S. Treasury 3.00% 8/15/2048
896
663
U.S. Treasury 2.25% 8/15/2049
256
161
U.S. Treasury 2.375% 11/15/2049
258
166
U.S. Treasury 2.00% 2/15/2050 (n)
20,560
12,074
U.S. Treasury 1.25% 5/15/2050
12,110
5,817
U.S. Treasury 1.375% 8/15/2050
1,835
905
U.S. Treasury 1.875% 2/15/2051
1,762
990
U.S. Treasury 2.375% 5/15/2051
2,239
1,421
U.S. Treasury 2.00% 8/15/2051 (n)
37,600
21,674
U.S. Treasury 1.875% 11/15/2051
2,099
1,168
U.S. Treasury 2.25% 2/15/2052 (n)
57,500
35,115
U.S. Treasury 2.875% 5/15/2052
3,157
2,222
U.S. Treasury 3.00% 8/15/2052
1,843
1,330
U.S. Treasury 4.00% 11/15/2052
5,190
4,542
U.S. Treasury 3.625% 2/15/2053
383
313
U.S. Treasury 3.625% 5/15/2053
7,444
6,070
U.S. Treasury 4.125% 8/15/2053
600
536
U.S. Treasury 4.75% 11/15/2053
2,087
2,067
U.S. Treasury 4.25% 2/15/2054
3,025
2,761
U.S. Treasury 4.625% 5/15/2054
24,131
23,434
U.S. Treasury 4.25% 8/15/2054
626
571
U.S. Treasury 4.50% 11/15/2054
627
598
U.S. Treasury 4.625% 2/15/2055 (n)
29,782
28,989
U.S. Treasury 4.75% 5/15/2055
794
789
U.S. Treasury Inflation-Protected Security 0.125% 2/15/2051 (d)
18,063
9,844
U.S. Treasury Inflation-Protected Security 1.50% 2/15/2053 (d)
1,002
794
U.S. Treasury Inflation-Protected Security 2.125% 2/15/2054 (d)(n)
45,351
41,518
U.S. Treasury Inflation-Protected Security 2.375% 2/15/2055 (d)
7,304
7,061
Uber Technologies, Inc. 7.50% 9/15/2027 (g)
298
301
 
Capital World Bond Fund
33

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Uber Technologies, Inc. 6.25% 1/15/2028 (g)
USD575
$578
Uber Technologies, Inc. 4.50% 8/15/2029 (g)
225
224
UBS Group AG 3.869% 1/12/2029 (3-month USD-LIBOR + 1.41% on 1/12/2028) (a)(c)(g)
3,799
3,741
UBS Group AG 5.428% 2/8/2030 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.52% on
2/8/2029) (a)(g)
2,000
2,054
UBS Group AG 4.194% 4/1/2031 (USD-SOFR + 3.73% on 4/1/2030) (a)(g)
4,000
3,918
UKG, Inc. 6.875% 2/1/2031 (g)
1,282
1,331
UniCredit SpA 5.459% 6/30/2035
(5-year UST Yield Curve Rate T Note Constant Maturity + 4.75% on 6/30/2030) (a)(g)
16,050
15,964
Uniform Mortgage-Backed Security 2.50% 7/1/2055 (f)(l)
5,547
4,600
Uniform Mortgage-Backed Security 3.50% 7/1/2055 (f)(l)
1,132
1,019
Uniform Mortgage-Backed Security 4.00% 7/1/2055 (f)(l)
239
222
Uniform Mortgage-Backed Security 6.00% 7/1/2055 (f)(l)
8,934
9,079
Uniform Mortgage-Backed Security 7.00% 7/1/2055 (f)(l)
3
3
Uniform Mortgage-Backed Security 3.50% 8/1/2055 (f)(l)
18,356
16,523
Uniform Mortgage-Backed Security 4.00% 8/1/2055 (f)(l)
505
470
Uniform Mortgage-Backed Security 6.50% 8/1/2055 (f)(l)
613
632
Union Electric Co. 5.25% 4/15/2035
4,648
4,749
Union Pacific Corp. 5.10% 2/20/2035
2,261
2,301
Union Pacific Corp. 4.30% 3/1/2049
1,550
1,287
Unisys Corp. 10.625% 1/15/2031 (g)
431
444
United Mexican States 4.875% 5/19/2033
210
199
United Mexican States 6.00% 5/7/2036
420
416
United Mexican States 6.875% 5/13/2037
3,025
3,162
United Mexican States 6.625% 1/29/2038
640
651
United Mexican States 6.338% 5/4/2053
3,120
2,871
United Mexican States 6.40% 5/7/2054
910
840
United Mexican States 7.375% 5/13/2055
1,110
1,149
United Mexican States 3.771% 5/24/2061
1,300
771
United Mexican States 3.75% 4/19/2071
1,260
717
United Natural Foods, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.75%) 9.077% 5/1/2031 (e)(i)
531
538
United Rentals (North America), Inc. 3.875% 2/15/2031
840
790
United Rentals (North America), Inc. 6.125% 3/15/2034 (g)
100
103
UnitedHealth Group, Inc. 5.15% 7/15/2034
1,917
1,937
UnitedHealth Group, Inc. 5.30% 6/15/2035
4,133
4,214
UnitedHealth Group, Inc. 5.625% 7/15/2054
3,943
3,828
UnitedHealth Group, Inc. 5.95% 6/15/2055
2,125
2,160
Universal Entertainment Corp. 9.875% 8/1/2029 (g)
400
391
Univision Communications, Inc. 6.625% 6/1/2027 (g)
200
200
Univision Communications, Inc. 8.00% 8/15/2028 (g)
830
843
Univision Communications, Inc. 4.50% 5/1/2029 (g)
1,775
1,616
Univision Communications, Inc. 7.375% 6/30/2030 (g)
40
39
US Foods, Inc. 4.625% 6/1/2030 (g)
585
570
USI, Inc. 7.50% 1/15/2032 (g)
200
211
Vail Resorts, Inc. 5.625% 7/15/2030 (g)
200
201
Vail Resorts, Inc. 6.50% 5/15/2032 (g)
325
336
Vale Overseas, Ltd. 3.75% 7/8/2030
5
5
Vale Overseas, Ltd. 6.40% 6/28/2054
2,085
2,051
Valvoline, Inc. 3.625% 6/15/2031 (g)
758
687
Varanasi Aurangabad Nh-2 Tollway Private, Ltd. 5.90% 2/28/2034 (g)
200
205
Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 2.00%) 8.00% PIK and 6.308% Cash
1/16/2026 (e)(h)(i)(j)
112
61
Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 8.00%) 8.00% PIK and 6.329% Cash
7/16/2026 (e)(h)(i)(j)
112
62
Venator Material, LLC, Term Loan, (USD-SOFR + 10.00%) 8.00% PIK and 6.302% Cash 10/12/2028 (e)(h)(i)(j)
185
102
Venture Global Calcasieu Pass, LLC 3.875% 8/15/2029 (g)
610
576
Venture Global Calcasieu Pass, LLC 6.25% 1/15/2030 (g)
189
195
Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 (g)
1,215
1,125
Venture Global LNG, Inc. 8.125% 6/1/2028 (g)
500
517
Venture Global LNG, Inc. 9.50% 2/1/2029 (g)
500
545
Venture Global LNG, Inc. 7.00% 1/15/2030 (g)
495
501
Venture Global LNG, Inc. 8.375% 6/1/2031 (g)
70
73
Venture Global LNG, Inc. 9.875% 2/1/2032 (g)
239
258
Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 (g)
520
557
Venture Global Plaquemines LNG, LLC 6.50% 1/15/2034 (g)
750
750
Venture Global Plaquemines LNG, LLC 7.75% 5/1/2035 (g)
150
162
Venture Global Plaquemines LNG, LLC 6.75% 1/15/2036 (g)
555
555
Veralto Corp. 5.35% 9/18/2028
3,250
3,351
 
34
Capital World Bond Fund

Bonds, notes & other debt instruments (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Veralto Corp. 5.45% 9/18/2033
USD1,500
$1,548
Veritiv Operating Co. 10.50% 11/30/2030 (g)
235
255
Verizon Communications, Inc. 5.25% 4/2/2035
764
771
Verizon Communications, Inc. 3.40% 3/22/2041
1,800
1,389
Verizon Communications, Inc. 3.55% 3/22/2051
794
568
Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028) (a)(f)(g)
4,071
4,118
Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 (e)(f)(g)
5,916
5,930
Viasat, Inc. 5.625% 4/15/2027 (g)
630
628
Viasat, Inc. 6.50% 7/15/2028 (g)
825
780
Viasat, Inc. 7.50% 5/30/2031 (g)
575
499
Viatris, Inc. 4.00% 6/22/2050
3,528
2,352
VICI Properties, LP 4.50% 1/15/2028 (g)
642
639
VICI Properties, LP 4.75% 2/15/2028
2,064
2,076
VICI Properties, LP 4.95% 2/15/2030
2,267
2,281
VICI Properties, LP 5.625% 4/1/2035
787
795
Vital Energy, Inc. 7.875% 4/15/2032 (g)
265
227
Voyager Parent, LLC 9.25% 7/1/2032 (g)
1,380
1,437
Voyager Parent, LLC, Term Loan B, (1-month USD CME Term SOFR + 4.75%) 9.083% 5/10/2032 (e)(i)
365
362
Walgreens Boots Alliance, Inc. 3.45% 6/1/2026
1,145
1,121
WarnerMedia Holdings, Inc. 4.054% 3/15/2029
310
289
WarnerMedia Holdings, Inc. 4.279% 3/15/2032
470
395
WarnerMedia Holdings, Inc. 5.05% 3/15/2042
390
263
WarnerMedia Holdings, Inc. 5.141% 3/15/2052
1,679
1,179
Warrior Met Coal, Inc. 7.875% 12/1/2028 (g)
152
155
WASH Multifamily Acquisition, Inc. 5.75% 4/15/2026 (g)
522
520
Waste Pro USA, Inc. 7.00% 2/1/2033 (g)
145
151
Weatherford International, Ltd. 8.625% 4/30/2030 (g)
618
637
Wells Fargo & Co. 4.611% 4/25/2053 (USD-SOFR + 2.13% on 4/25/2052) (a)
4,494
3,833
WESCO Distribution, Inc. 6.625% 3/15/2032 (g)
725
754
WESCO Distribution, Inc. 6.375% 3/15/2033 (g)
1,005
1,039
Westlake Automobile Receivables Trust, Series 2023-1, Class B, 5.41% 1/18/2028 (f)(g)
316
316
Westpac Banking Corp. 2.963% 11/16/2040
400
296
WEX, Inc. 6.50% 3/15/2033 (g)
325
328
Wildfire Intermediate Holdings, LLC 7.50% 10/15/2029 (g)
235
234
Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 (f)(g)
963
964
WMG Acquisition Corp. 3.75% 12/1/2029 (g)
845
793
WMG Acquisition Corp. 3.875% 7/15/2030 (g)
1,010
945
WMG Acquisition Corp. 3.00% 2/15/2031 (g)
605
549
Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/23/2026) (a)(b)(j)
151
153
Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/22/2026) (a)(b)(j)
686
694
Wyndham Hotels & Resorts, Inc. 4.375% 8/15/2028 (g)
830
812
Wynn Resorts Finance, LLC 7.125% 2/15/2031 (g)
277
296
X Corp., Term Loan B3, 9.50% 10/26/2029 (i)
350
341
X Corp., Term Loan B, (USD-SOFR + 6.50%) 10.927% 10/26/2029 (e)(i)
244
238
X.Ai Corp. 12.50% 6/30/2030
420
420
Xcel Energy, Inc. 2.35% 11/15/2031
535
463
Xcel Energy, Inc. 5.50% 3/15/2034
5,232
5,318
Xcel Energy, Inc. 5.60% 4/15/2035
8,211
8,387
Xerox Holdings Corp. 5.50% 8/15/2028 (g)
212
162
Xerox Holdings Corp. 8.875% 11/30/2029 (g)
248
187
Xiaomi Best Time International, Ltd. 4.10% 7/14/2051
200
155
XPLR Infrastructure Operating Partners, LP 8.375% 1/15/2031 (g)
375
401
 
4,870,377
Total bonds, notes & other debt instruments (cost: $9,720,971,000)
9,649,563
Convertible bonds & notes 0.03%
 
 
 
U.S. dollars 0.03%
Airbnb, Inc., convertible notes, 0% 3/15/2026
543
525
Carnival Corp., convertible notes, 5.75% 12/1/2027
195
429
Coinbase Global, Inc., convertible notes, 0.50% 6/1/2026
150
173
Duke Energy Corp., convertible notes, 4.125% 4/15/2026
230
244
EchoStar Corp., convertible notes, 3.875% PIK 11/30/2030 (j)
160
188
 
Capital World Bond Fund
35

Convertible bonds & notes (continued)
 
Principal amount
(000)
Value
(000)
U.S. dollars (continued)
Marriott Vacations Worldwide Corp., convertible notes, 3.25% 12/15/2027
USD236
$220
PENN Entertainment, Inc. 2.75% 5/15/2026
87
91
Royal Caribbean Cruises, Ltd., convertible notes, 6.00% 8/15/2025
152
960
 
2,830
Total convertible bonds & notes (cost: $2,015,000)
2,830
Preferred securities 0.00%
 
Shares
 
U.S. dollars 0.00%
ACR III LSC Holdings, LLC, Series B, preferred shares (g)(h)(o)
277
398
Total preferred securities (cost: $287,000)
398
Common stocks 0.02%
 
 
 
Norwegian kroner 0.01%
Constellation Oil Services Holding SA (NDR) (o)
2,781,684
1,242
 
U.S. dollars 0.01%
Aimbridge Topco, LLC (h)(o)
3,074
231
New Fortress Energy, Inc., Class A (o)
35,169
117
Endo GUC Trust, Class A1 (g)(o)
45,666
26
Endo, Inc., 1L 6.125% Escrow (h)(o)
805,000
(k)
Endo, Inc. (o)
14
(k)
DSG TopCo, Inc. (o)
1,681
26
Altera Infrastructure, LP (h)
77
2
Bighorn Permian Resources, LLC (h)
2,668
(k)
Party City Holdco, Inc. (h)(o)
8,980
(k)
Party City Holdco, Inc. (g)(h)(o)
89
(k)
Venator Materials PLC (h)(o)
706
(k)
 
402
Total common stocks (cost: $2,248,000)
1,644
Investment funds 0.00%
 
 
 
Capital Group Central Corporate Bond Fund (p)
25,772
218
Total investment funds (cost: $209,000)
218
Short-term securities 4.46%
 
 
 
Money market investments 4.20%
Capital Group Central Cash Fund 4.35% (p)(q)
4,262,747
426,274
 
Weighted
average yield
at acquisition
Principal amount
(000)
 
Bills & notes of governments & government agencies outside the U.S. 0.26%
Egypt (Arab Republic of) 9/9/2025
21.361
%
EGP699,075
13,372
Egypt (Arab Republic of) 11/11/2025
20.307
68,250
1,249
Egypt (Arab Republic of) 12/16/2025
22.431
67,300
1,203
Egypt (Arab Republic of) 1/6/2026
19.531
24,975
441
Egypt (Arab Republic of) 1/20/2026
20.639
1,625
28
Egypt (Arab Republic of) 5/26/2026
19.554
126,775
2,084
Egypt (Arab Republic of) 6/2/2026
19.637
39,525
648
 
36
Capital World Bond Fund

Short-term securities (continued)
Weighted
average yield
at acquisition
Principal amount
(000)
Value
(000)
Bills & notes of governments & government agencies outside the U.S. (continued)
Italy (Republic of) 8/14/2025
1.923
%
EUR3,480
$4,090
Italy (Republic of) 9/12/2025
1.921
1,990
2,335
Nigeria (Republic of) 12/16/2025
22.546
NGN1,110,235
645
 
26,095
Total short-term securities (cost: $452,018,000)
452,369
Options purchased (equity style) 0.00%
 
 
 
Options purchased (equity style) *
527
Total options purchased (equity style) (cost: $812,000)
527
Total investment securities 99.64% (cost: $10,178,560,000)
10,107,549
Total options written (equity style) 0.00 % (premium received: $838,000)
(80
)
Other assets less liabilities 0.36%
36,071
Net assets 100.00%
$10,143,540
*Options purchased (equity style)
Options on futures 
Description
Number of
contracts
Expiration
date
Exercise
price
Notional
amount
(000)
Value at
6/30/2025
(000)
Call
3 Month SOFR Futures Options
50
9/12/2025
USD97.00
USD12,500
$2
3 Month SOFR Futures Options
10
9/12/2025
98.00
2,500
(k)
3 Month SOFR Futures Options
700
12/12/2025
97.00
175,000
127
3 Month SOFR Futures Options
700
12/12/2025
97.50
175,000
70
3 Month SOFR Futures Options
1,317
12/12/2025
98.00
329,250
66
 
$265
Put
10 Year U.S. Treasury Note Futures Options
84
7/3/2025
USD111.25
USD8,400
$4
3 Month SOFR Futures Options
600
12/12/2025
95.69
150,000
15
 
$19
 
$284
Options on foreign currencies 
Description
Counterparty
Expiration
date
Exercise
price
Notional
amount
(000)
Value at
6/30/2025
(000)
Call
 
GBP/USD Foreign Currency Options
Goldman Sachs
12/15/2025
USD1.43
GBP25,000
$243
Options written (equity style)
Options on foreign currencies 
Description
Counterparty
Expiration
date
Exercise
price
Notional
amount
(000)
Value at
6/30/2025
(000)
Call
 
GBP/USD Foreign Currency Options
Goldman Sachs
12/15/2025
USD1.49
GBP(25,000)
$(80
)
 
Capital World Bond Fund
37

Options purchased (futures style)
Options on futures 
Description
Number of
contracts
Expiration
date
Exercise
price
Notional
amount
(000)
Value and
unrealized
appreciation
(depreciation) at
6/30/2025
(000)
Put
10 Year Euro-Bund Futures Options
5,656
7/25/2025
EUR129.00
EUR565,600
$442
Options written (futures style)
Options on futures 
Description
Number of
contracts
Expiration
date
Exercise
price
Notional
amount
(000)
Value and
unrealized
appreciation
(depreciation) at
6/30/2025
(000)
Put
10 Year Euro-Bund Futures Options
(5,656
)
7/25/2025
EUR128.00
EUR(565,600)
$(271
)
Futures contracts
 
Contracts
Type
Number of
contracts
Expiration
date
Notional
amount
(000)
Value and
unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
30 Day Federal Funds Futures
Long
118
9/2/2025
USD47,066
$(3
)
3 Month SOFR Futures
Short
8
9/17/2025
(1,913
)
(k)
3 Month SONIA Futures
Long
1,017
3/18/2026
336,380
1,022
3 Month SOFR Futures
Short
116
3/18/2026
(27,936
)
(2
)
2 Year Italy Government Bond Futures
Long
2,122
9/10/2025
269,820
(120
)
2 Year Euro-Schatz Futures
Short
2,270
9/10/2025
(286,781
)
347
2 Year Canadian Government Bond Futures
Long
2,731
9/29/2025
211,912
160
2 Year U.S. Treasury Note Futures
Long
2,168
10/3/2025
450,995
654
3 Year Australian Treasury Bond Futures
Long
45
9/16/2025
3,191
(2
)
5 Year Euro-Bobl Futures
Long
1,981
9/10/2025
274,609
(616
)
5 Year Canadian Government Bond Futures
Long
1,449
9/29/2025
121,421
380
5 Year U.S. Treasury Note Futures
Long
4,313
10/3/2025
470,117
4,975
10 Year French Government Bond Futures
Long
17
9/10/2025
2,480
(9
)
10 Year Italy Government Bond Futures
Short
354
9/10/2025
(50,456
)
(137
)
10 Year Euro-Bund Futures
Short
3,948
9/10/2025
(605,269
)
3,433
10 Year Australian Treasury Bond Futures
Short
943
9/15/2025
(71,137
)
(779
)
10 Year Japanese Government Bond Futures
Short
691
9/22/2025
(667,080
)
(2,264
)
10 Year Canadian Government Bond Futures
Long
985
9/29/2025
88,247
467
10 Year UK Gilt Futures
Long
2,256
9/30/2025
288,086
4,162
10 Year U.S. Treasury Note Futures
Long
1,015
9/30/2025
113,807
2,149
10 Year Ultra U.S. Treasury Note Futures
Short
242
9/30/2025
(27,652
)
(311
)
20 Year U.S. Treasury Bond Futures
Long
1,443
9/30/2025
166,622
5,967
30 Year Euro-Buxl Futures
Short
325
9/10/2025
(45,458
)
483
30 Year Ultra U.S. Treasury Bond Futures
Short
789
9/30/2025
(93,990
)
(2,789
)
 
 
 
 
$17,167
 
38
Capital World Bond Fund

Forward currency contracts
 
Contract amount
Counterparty
Settlement
date
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
Currency purchased
(000)
Currency sold
(000)
GBP
27,744
USD
37,416
Morgan Stanley
7/1/2025
$667
EUR
5,440
USD
6,164
BNP Paribas
7/1/2025
244
EUR
2,520
USD
2,956
HSBC Bank
7/1/2025
12
GBP
14,432
USD
19,799
Morgan Stanley
7/1/2025
12
EUR
115
USD
135
HSBC Bank
7/1/2025
1
USD
38,060
GBP
27,744
Morgan Stanley
7/1/2025
(23
)
USD
6,382
EUR
5,440
HSBC Bank
7/1/2025
(27
)
USD
2,986
EUR
2,635
BNP Paribas
7/1/2025
(118
)
USD
19,464
GBP
14,432
Morgan Stanley
7/1/2025
(347
)
JPY
5,276,820
USD
36,389
Goldman Sachs
7/7/2025
283
EUR
103,620
USD
119,062
Citibank
7/8/2025
3,062
USD
61,647
EUR
55,750
BNP Paribas
7/8/2025
(4,059
)
MYR
4,173
USD
986
BNP Paribas
7/9/2025
5
MYR
7,127
USD
1,688
JPMorgan Chase
7/9/2025
4
MYR
2,690
USD
638
JPMorgan Chase
7/9/2025
(k)
CLP
586,782
USD
631
Morgan Stanley
7/9/2025
(1
)
USD
628
CLP
592,007
Citibank
7/9/2025
(8
)
USD
624
PEN
2,268
Morgan Stanley
7/9/2025
(16
)
EUR
166,649
USD
191,614
HSBC Bank
7/10/2025
4,825
EUR
340
USD
399
Barclays Bank PLC
7/10/2025
2
EUR
140
USD
164
Barclays Bank PLC
7/10/2025
1
NOK
13,330
USD
1,321
Morgan Stanley
7/10/2025
1
RON
54
USD
12
Goldman Sachs
7/10/2025
(k)
USD
220
EUR
190
Citibank
7/10/2025
(4
)
USD
241
EUR
210
Goldman Sachs
7/10/2025
(6
)
USD
228
EUR
200
Citibank
7/10/2025
(7
)
USD
229
EUR
200
Citibank
7/10/2025
(7
)
USD
1,299
SEK
12,350
Barclays Bank PLC
7/10/2025
(7
)
USD
746
COP
3,106,876
UBS AG
7/10/2025
(14
)
USD
837
EUR
730
Citibank
7/10/2025
(24
)
USD
1,153
EUR
1,010
Citibank
7/10/2025
(38
)
USD
4,849
EUR
4,180
Citibank
7/10/2025
(78
)
USD
3,594
EUR
3,115
JPMorgan Chase
7/10/2025
(78
)
USD
6,752
EUR
5,820
Citibank
7/10/2025
(108
)
USD
5,689
EUR
4,930
Citibank
7/10/2025
(122
)
USD
6,139
EUR
5,320
Citibank
7/10/2025
(132
)
USD
96,214
EUR
84,392
Morgan Stanley
7/10/2025
(3,263
)
USD
81
GBP
60
Citibank
7/11/2025
(1
)
USD
2,053
GBP
1,513
UBS AG
7/11/2025
(24
)
EUR
148,063
USD
169,669
Standard Chartered Bank
7/14/2025
4,913
CNH
1,756,731
USD
245,063
Citibank
7/14/2025
636
BRL
46,673
USD
8,147
Citibank
7/14/2025
413
ILS
14,850
USD
4,261
HSBC Bank
7/14/2025
148
AUD
37,148
USD
24,337
Citibank
7/14/2025
118
GBP
5,450
USD
7,369
Morgan Stanley
7/14/2025
112
CLP
6,262,533
USD
6,678
Morgan Stanley
7/14/2025
45
PLN
2,326
USD
626
Goldman Sachs
7/14/2025
19
PLN
1,231
USD
331
JPMorgan Chase
7/14/2025
10
CLP
1,165,735
USD
1,242
Citibank
7/14/2025
9
RON
1,632
USD
369
UBS AG
7/14/2025
9
TRY
56,149
USD
1,386
Citibank
7/14/2025
7
CLP
594,950
USD
633
Citibank
7/14/2025
6
TRY
25,618
USD
633
Citibank
7/14/2025
3
CLP
290,185
USD
309
Citibank
7/14/2025
2
USD
6,056
NOK
61,020
Citibank
7/14/2025
1
TRY
5,108
USD
126
JPMorgan Chase
7/14/2025
1
CLP
594,415
USD
639
Citibank
7/14/2025
(1
)
USD
74
HUF
25,544
BNP Paribas
7/14/2025
(1
)
USD
587
PLN
2,162
JPMorgan Chase
7/14/2025
(12
)
USD
687
PLN
2,565
Citibank
7/14/2025
(24
)
USD
20,270
INR
1,741,130
Standard Chartered Bank
7/14/2025
(32
)
USD
14,607
AUD
22,295
Citibank
7/14/2025
(71
)
 
Capital World Bond Fund
39

Forward currency contracts (continued)
Contract amount
Counterparty
Settlement
date
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
Currency purchased
(000)
Currency sold
(000)
USD
12,403
IDR
202,478,000
HSBC Bank
7/14/2025
$(84
)
USD
2,983
BRL
16,937
Citibank
7/14/2025
(123
)
USD
32,892
BRL
188,423
Citibank
7/14/2025
(1,666
)
USD
78,687
EUR
68,667
Standard Chartered Bank
7/14/2025
(2,279
)
EUR
8,837
USD
10,104
BNP Paribas
7/15/2025
317
CAD
20,270
USD
14,819
Bank of New York Mellon
7/15/2025
78
PLN
3,506
USD
949
Citibank
7/15/2025
23
PLN
2,328
USD
636
Citibank
7/15/2025
9
HUF
48,637
USD
138
Citibank
7/15/2025
5
MXN
8,844
USD
465
Citibank
7/15/2025
5
CZK
2,385
USD
110
UBS AG
7/15/2025
4
PLN
388
USD
104
UBS AG
7/15/2025
4
THB
20,336
USD
624
UBS AG
7/15/2025
4
ZAR
3,830
USD
212
UBS AG
7/15/2025
4
HUF
7,613
USD
22
Goldman Sachs
7/15/2025
1
THB
30,506
USD
940
Citibank
7/15/2025
1
ZAR
9,925
USD
559
UBS AG
7/15/2025
1
THB
974
USD
30
Citibank
7/15/2025
(k)
USD
251
MXN
4,799
Citibank
7/15/2025
(5
)
USD
5,965
EUR
5,153
Barclays Bank PLC
7/15/2025
(111
)
USD
5,665
EUR
4,955
BNP Paribas
7/15/2025
(178
)
EUR
307,355
USD
351,846
Citibank
7/16/2025
10,612
EUR
321,658
USD
369,985
Bank of America
7/16/2025
9,341
EUR
77,757
JPY
12,908,250
JPMorgan Chase
7/16/2025
1,888
EUR
34,802
GBP
29,590
BNP Paribas
7/16/2025
422
CNH
2,203,880
USD
307,951
HSBC Bank
7/16/2025
337
JPY
12,383,246
USD
85,842
Citibank
7/16/2025
315
CNH
685,234
USD
95,668
Citibank
7/16/2025
185
CZK
132,446
USD
6,143
Citibank
7/16/2025
170
EUR
2,010
USD
2,310
Goldman Sachs
7/16/2025
61
NZD
10,521
USD
6,407
UBS AG
7/16/2025
10
ZAR
11,174
USD
621
Goldman Sachs
7/16/2025
10
NZD
6,620
USD
4,031
UBS AG
7/16/2025
6
EUR
280
USD
325
Citibank
7/16/2025
5
EUR
200
USD
232
Citibank
7/16/2025
4
ZAR
15,597
USD
878
Goldman Sachs
7/16/2025
2
USD
12
EUR
10
Citibank
7/16/2025
(k)
USD
80
EUR
70
Citibank
7/16/2025
(2
)
USD
561
ZAR
9,978
Goldman Sachs
7/16/2025
(2
)
USD
196
EUR
170
Citibank
7/16/2025
(4
)
USD
258
EUR
225
Citibank
7/16/2025
(8
)
USD
378
EUR
330
Citibank
7/16/2025
(11
)
USD
878
EUR
755
Citibank
7/16/2025
(12
)
USD
15,911
CNH
113,870
HSBC Bank
7/16/2025
(17
)
USD
7,572
JPY
1,092,332
Citibank
7/16/2025
(28
)
USD
1,763
EUR
1,520
Citibank
7/16/2025
(29
)
USD
2,751
EUR
2,400
Citibank
7/16/2025
(79
)
USD
44,205
CNH
316,620
Citibank
7/16/2025
(86
)
USD
52,733
EUR
45,845
Bank of America
7/16/2025
(1,331
)
USD
45,852
EUR
40,192
Morgan Stanley
7/16/2025
(1,545
)
JPY
13,605,347
EUR
81,585
JPMorgan Chase
7/16/2025
(1,552
)
USD
120,173
EUR
103,620
UBS AG
7/16/2025
(2,025
)
CAD
161,002
USD
118,036
Bank of New York Mellon
7/17/2025
307
JPY
16,183,737
USD
112,708
JPMorgan Chase
7/17/2025
(95
)
GBP
14,261
USD
19,299
UBS AG
7/18/2025
279
COP
18,877,910
USD
4,472
Morgan Stanley
7/18/2025
136
PEN
9,560
USD
2,624
Citibank
7/18/2025
74
KRW
5,265,257
USD
3,849
Citibank
7/18/2025
47
IDR
98,991,240
USD
6,079
Citibank
7/18/2025
30
GBP
780
USD
1,058
Bank of America
7/18/2025
12
USD
316
GBP
230
Bank of New York Mellon
7/18/2025
(k)
USD
464
COP
1,959,003
Morgan Stanley
7/18/2025
(14
)
 
40
Capital World Bond Fund

Forward currency contracts (continued)
Contract amount
Counterparty
Settlement
date
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
Currency purchased
(000)
Currency sold
(000)
USD
27,929
KRW
38,206,020
Citibank
7/18/2025
$(340
)
USD
27,213
GBP
20,110
UBS AG
7/18/2025
(393
)
USD
101,312
BRL
566,676
Citibank
7/18/2025
(2,509
)
MYR
142,610
USD
33,584
Standard Chartered Bank
7/21/2025
278
PLN
54,220
USD
14,816
Citibank
7/21/2025
218
MYR
128,765
USD
30,371
JPMorgan Chase
7/21/2025
203
THB
814,406
USD
24,965
Citibank
7/21/2025
169
SEK
259,730
USD
27,359
Morgan Stanley
7/21/2025
134
CZK
45,727
USD
2,123
Bank of New York Mellon
7/21/2025
57
ZAR
11,378
USD
636
Citibank
7/21/2025
5
USD
663
PLN
2,402
Citibank
7/21/2025
(3
)
USD
627
ZAR
11,361
Bank of America
7/21/2025
(13
)
USD
2,205
RON
9,620
Goldman Sachs
7/21/2025
(23
)
USD
5,724
PLN
20,948
Citibank
7/21/2025
(84
)
USD
6,116
MYR
26,777
HSBC Bank
7/21/2025
(242
)
USD
9,145
MYR
40,092
BNP Paribas
7/21/2025
(374
)
USD
8,879
MYR
39,070
Standard Chartered Bank
7/21/2025
(398
)
USD
11,012
MYR
48,424
Standard Chartered Bank
7/21/2025
(486
)
USD
19,892
MYR
87,495
Standard Chartered Bank
7/21/2025
(883
)
USD
24,244
MYR
106,042
HSBC Bank
7/21/2025
(935
)
USD
24,425
MYR
107,030
Standard Chartered Bank
7/21/2025
(988
)
USD
2,568
EUR
2,210
Barclays Bank PLC
7/22/2025
(40
)
JPY
2,647,499
USD
18,738
Standard Chartered Bank
7/22/2025
(304
)
USD
35,929
EUR
31,220
UBS AG
7/24/2025
(911
)
GBP
26,959
EUR
31,290
BNP Paribas
7/25/2025
85
HUF
221,239
USD
638
Barclays Bank PLC
7/25/2025
14
USD
37,509
EUR
32,820
HSBC Bank
7/25/2025
(1,221
)
CHF
24,140
USD
30,106
Barclays Bank PLC
7/28/2025
436
MXN
357,580
USD
18,763
Morgan Stanley
7/28/2025
233
EUR
4,270
USD
4,935
Morgan Stanley
7/28/2025
105
EUR
1,110
USD
1,303
Barclays Bank PLC
7/28/2025
8
DKK
740
USD
116
Bank of America
7/28/2025
2
DKK
58,510
EUR
7,844
Bank of America
7/28/2025
(k)
EUR
29,273
DKK
218,340
Bank of America
7/28/2025
(k)
USD
12
EUR
10
UBS AG
7/28/2025
(k)
USD
230
MXN
4,352
Citibank
7/28/2025
(1
)
USD
3,723
NOK
37,620
Bank of America
7/28/2025
(10
)
USD
1,802
DKK
11,540
Bank of America
7/28/2025
(24
)
USD
7,603
MXN
144,897
Morgan Stanley
7/28/2025
(94
)
USD
49,234
EUR
42,601
Morgan Stanley
7/28/2025
(1,049
)
GBP
4,720
USD
6,437
Morgan Stanley
7/29/2025
43
USD
5,948
GBP
4,361
Morgan Stanley
7/29/2025
(39
)
AUD
4,849
USD
3,176
Barclays Bank PLC
7/31/2025
17
NZD
927
USD
562
HSBC Bank
7/31/2025
4
IDR
12,000,000
USD
720
JPMorgan Chase
8/5/2025
22
EUR
28,255
USD
32,904
UBS AG
8/6/2025
467
CZK
214,330
USD
10,151
Citibank
8/6/2025
72
HUF
2,149,175
USD
6,291
HSBC Bank
8/6/2025
31
SGD
10,020
USD
7,886
Bank of America
8/6/2025
18
USD
6,240
GBP
4,540
JPMorgan Chase
8/6/2025
7
HUF
237,170
USD
694
HSBC Bank
8/6/2025
3
USD
9
CNH
62
Citibank
8/6/2025
(k)
HUF
788,520
EUR
1,966
Goldman Sachs
8/6/2025
(3
)
USD
41,678
EUR
35,790
UBS AG
8/6/2025
(591
)
USD
296,336
EUR
254,470
UBS AG
8/6/2025
(4,205
)
EUR
33,350
CAD
53,257
Citibank
8/7/2025
200
EUR
450
USD
531
Citibank
8/8/2025
(k)
USD
41,507
EUR
35,370
Morgan Stanley
8/8/2025
(273
)
EUR
5,440
USD
6,399
HSBC Bank
8/11/2025
28
GBP
27,744
USD
38,068
Morgan Stanley
8/11/2025
24
EUR
460
USD
543
Citibank
8/11/2025
(k)
USD
135
EUR
115
HSBC Bank
8/11/2025
(1
)
 
Capital World Bond Fund
41

Forward currency contracts (continued)
Contract amount
Counterparty
Settlement
date
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
Currency purchased
(000)
Currency sold
(000)
USD
19,803
GBP
14,432
Morgan Stanley
8/11/2025
$(12
)
USD
2,964
EUR
2,520
HSBC Bank
8/11/2025
(13
)
EUR
31,220
USD
35,877
HSBC Bank
9/12/2025
1,083
EUR
120,982
USD
139,327
JPMorgan Chase
9/17/2025
3,947
CNH
367,000
USD
51,308
Citibank
9/17/2025
295
EUR
7,080
USD
8,154
JPMorgan Chase
9/17/2025
231
GBP
10,500
USD
14,222
JPMorgan Chase
9/17/2025
198
CAD
36,500
USD
26,781
Citibank
9/17/2025
131
EUR
5,000
USD
5,833
UBS AG
9/17/2025
89
EUR
8,000
USD
9,413
UBS AG
9/17/2025
61
USD
3,548
JPY
500,000
HSBC Bank
9/17/2025
44
EUR
3,700
USD
4,338
Morgan Stanley
9/17/2025
43
SEK
77,000
USD
8,144
BNP Paribas
9/17/2025
38
CNH
33,000
USD
4,614
Citibank
9/17/2025
26
CAD
2,900
USD
2,128
Citibank
9/17/2025
10
USD
423
NZD
700
BNP Paribas
9/17/2025
(5
)
USD
7,012
NOK
70,720
HSBC Bank
9/17/2025
(8
)
USD
36,685
NOK
370,000
HSBC Bank
9/17/2025
(42
)
USD
3,251
GBP
2,400
JPMorgan Chase
9/17/2025
(45
)
USD
2,172
EUR
1,880
UBS AG
9/17/2025
(55
)
USD
7,602
EUR
6,500
Morgan Stanley
9/17/2025
(96
)
USD
26,058
MYR
110,000
Standard Chartered Bank
9/17/2025
(121
)
USD
10,006
AUD
15,413
BNP Paribas
9/17/2025
(155
)
USD
10,816
EUR
9,400
UBS AG
9/17/2025
(316
)
USD
62,129
AUD
95,700
BNP Paribas
9/17/2025
(962
)
 
 
 
 
$11,153
Swap contracts
Interest rate swaps
Centrally cleared interest rate swaps 
Receive
Pay
Expiration
date
Notional
amount
(000)
Value at
6/30/2025
(000)
Upfront
premium
paid
(received)
(000)
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
Rate
Payment
frequency
Rate
Payment
frequency
SOFR
Annual
4.63358%
Annual
10/31/2025
USD955
$(1
)
$
$(1
)
5.298%
Annual
6-month PLN-WIBOR
Semi-annual
2/14/2026
PLN124,260
28
28
6-month CZK-PRIBOR
Semi-annual
3.875%
Annual
2/14/2026
CZK716,270
(66
)
(66
)
0.8738%
Annual
SONIA
Annual
10/8/2026
GBP4,000
(190
)
(190
)
SOFR
Annual
3.848%
Annual
11/15/2026
USD1,460
(4
)
(4
)
SOFR
Annual
3.8045%
Annual
12/15/2026
3,095
(8
)
(8
)
SONIA
Annual
1.2822%
Annual
1/28/2027
GBP1,150
57
57
4.1378%
Annual
6-month NOK-NIBOR
Semi-annual
2/10/2027
NOK825,730
178
178
4.135%
Annual
6-month NOK-NIBOR
Semi-annual
2/10/2027
824,270
174
174
6-month EURIBOR
Semi-annual
2.2007%
Annual
2/10/2027
EUR68,700
(233
)
(233
)
6-month EURIBOR
Semi-annual
2.2032%
Annual
2/10/2027
68,800
(237
)
(237
)
3.6763%
Annual
SONIA
Annual
4/25/2027
GBP12,020
12
12
1.80153486%
Annual
6-month EURIBOR
Semi-annual
4/29/2027
EUR46,480
(93
)
(29
)
(64
)
2.5225%
Semi-annual
Bank of Canada
Overnight Repo
Semi-annual
5/22/2027
CAD175,500
146
146
2.478%
Semi-annual
Bank of Canada
Overnight Repo
Semi-annual
6/30/2027
10,060
2
5
(3
)
SOFR
Annual
3.62%
Annual
6/30/2027
USD10,426
(42
)
(42
)
SOFR
Annual
3.5042%
Annual
7/2/2027
13,670
(k)
(k)
1.9883%
Annual
6-month EURIBOR
Semi-annual
7/2/2027
EUR11,460
(3
)
(3
)
3.5175%
Annual
SOFR
Annual
8/15/2027
USD139,970
143
143
3.0825%
At maturity
Eurozone HICP Ex.
Tobacco
At maturity
8/15/2027
EUR1,000
19
19
 
42
Capital World Bond Fund

Swap contracts (continued)
Interest rate swaps (continued)
Centrally cleared interest rate swaps (continued)
Receive
Pay
Expiration
date
Notional
amount
(000)
Value at
6/30/2025
(000)
Upfront
premium
paid
(received)
(000)
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
Rate
Payment
frequency
Rate
Payment
frequency
3.7428%
Annual
SONIA
Annual
10/3/2027
GBP6,200
$25
$
$25
SONIA
Annual
5.1013%
Annual
10/7/2027
1,650
(72
)
(72
)
0.57520783%
Annual
SONIA
Annual
4/9/2028
10,370
(1,116
)
(18
)
(1,098
)
2.09038353%
Annual
6-month EURIBOR
Semi-annual
4/27/2028
EUR47,240
(71
)
(24
)
(47
)
4.4785%
Annual
SOFR
Annual
10/4/2028
USD500
17
17
8.845%
28-day
Overnight MXN-F-TIIE
28-day
11/17/2028
MXN16,677
35
35
3.968%
Annual
SONIA
Annual
2/16/2029
GBP89,140
1,454
1,454
5.086%
Annual
6-month PLN-WIBOR
Semi-annual
7/12/2029
PLN35,830
323
323
6-month CZK-PRIBOR
Semi-annual
3.635%
Annual
7/12/2029
CZK205,915
(14
)
(14
)
SOFR
Annual
3.4705%
Annual
2/10/2030
USD110,460
(251
)
(251
)
3.925%
Annual
6-month NOK-NIBOR
Semi-annual
3/5/2030
NOK112,734
91
91
3.924%
Annual
6-month NOK-NIBOR
Semi-annual
3/5/2030
112,737
91
91
3.92%
Annual
6-month NOK-NIBOR
Semi-annual
3/5/2030
112,750
89
89
6-month EURIBOR
Semi-annual
2.2577%
Annual
3/5/2030
EUR19,060
(9
)
(9
)
6-month EURIBOR
Semi-annual
2.2562%
Annual
3/5/2030
19,060
(9
)
(9
)
6-month EURIBOR
Semi-annual
2.2592%
Annual
3/5/2030
19,070
(12
)
(12
)
6-month EURIBOR
Semi-annual
2.1912%
Annual
3/6/2030
17,750
53
53
3.825%
Annual
6-month NOK-NIBOR
Semi-annual
3/6/2030
NOK113,217
44
44
4.165%
Annual
6-month NOK-NIBOR
Semi-annual
3/24/2030
86,241
156
156
4.1703%
Annual
6-month NOK-NIBOR
Semi-annual
3/24/2030
60,360
110
110
4.162%
Annual
6-month NOK-NIBOR
Semi-annual
3/24/2030
60,374
108
108
4.165%
Annual
6-month NOK-NIBOR
Semi-annual
3/25/2030
215,748
389
389
4.1558%
Annual
6-month NOK-NIBOR
Semi-annual
4/2/2030
141,010
246
246
3-month SEK-STIBOR
Quarterly
2.6312%
Annual
4/2/2030
SEK129,570
(304
)
(304
)
2.2053%
Annual
6-month EURIBOR
Semi-annual
4/22/2030
EUR43,190
(118
)
(118
)
2.2033%
Annual
6-month EURIBOR
Semi-annual
4/22/2030
43,210
(123
)
(123
)
3-month SEK-STIBOR
Quarterly
2.3527%
Annual
4/22/2030
SEK460,010
(459
)
(459
)
3-month SEK-STIBOR
Quarterly
2.3532%
Annual
4/22/2030
459,990
(460
)
(460
)
3.6899%
Annual
SONIA
Annual
4/25/2030
GBP5,090
11
11
3.8948%
Annual
6-month NOK-NIBOR
Semi-annual
5/2/2030
NOK26,350
17
17
3-month SEK-STIBOR
Quarterly
2.3302%
Annual
5/2/2030
SEK22,340
(19
)
(19
)
Reference Index Rate
NOT FOUND
Annual
4.16%
Annual
6/19/2030
ILS158,831
(742
)
(742
)
SOFR
Annual
3.762%
Annual
4/30/2032
USD7,003
(111
)
(111
)
2.2679%
Annual
SONIA
Annual
7/14/2032
GBP590
(75
)
(75
)
SOFR
Annual
4.1615%
Annual
5/15/2033
USD400
(16
)
(16
)
SOFR
Annual
4.15%
Annual
5/15/2033
740
(29
)
(29
)
4.0135%
Annual
SOFR
Annual
8/21/2033
840
25
25
2.4763%
Annual
6-month EURIBOR
Semi-annual
5/2/2035
EUR3,000
(36
)
(36
)
3-month SEK-STIBOR
Quarterly
2.7542%
Annual
5/26/2035
SEK17,340
(37
)
(37
)
2.5828%
Annual
6-month EURIBOR
Semi-annual
7/2/2035
EUR2,030
(3
)
(3
)
6-month EURIBOR
Semi-annual
2.7107%
Annual
10/4/2039
1,800
12
12
0.9221376%
Annual
SONIA
Annual
4/9/2041
GBP5,500
(2,924
)
(49
)
(2,875
)
2.23%
Annual
SONIA
Annual
7/14/2042
320
(112
)
(112
)
1.0469%
Annual
SONIA
Annual
3/2/2052
70
(51
)
(51
)
SONIA
Annual
3.9322%
Annual
2/16/2054
22,700
2,637
2,637
6-month EURIBOR
Semi-annual
2.4677%
Annual
5/2/2055
EUR1,260
88
88
 
 
 
 
$(1,270
)
$(115
)
$(1,155
)
 
Capital World Bond Fund
43

Swap contracts (continued)
Interest rate swaps (continued)
Bilateral interest rate swaps 
Receive
Pay
Counterparty
Expiration
date
Notional
amount
(000)
Value at
6/30/2025
(000)
Upfront
premium
paid
(received)
(000)
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
Rate
Payment
frequency
Rate
Payment
frequency
13.87%
At maturity
BZDIOVER
At maturity
Barclays Bank PLC
1/4/2027
BRL200,000
$(8
)
$
$(8
)
10.69660495%
At maturity
BZDIOVER
At maturity
Goldman Sachs
1/4/2027
18,589
(257
)
(257
)
12.215%
At maturity
BZDIOVER
At maturity
Bank of America
1/4/2027
300,000
(1,722
)
(1,722
)
11.91%
At maturity
BZDIOVER
At maturity
Barclays Bank PLC
1/4/2027
300,000
(2,037
)
(2,037
)
11.405%
At maturity
BZDIOVER
At maturity
Goldman Sachs
1/4/2027
643,575
(5,582
)
(5,582
)
13.995%
At maturity
BZDIOVER
At maturity
Barclays Bank PLC
1/2/2029
358,750
2,156
2,156
14.115%
At maturity
BZDIOVER
At maturity
Goldman Sachs
1/2/2029
98,690
671
671
14.05%
At maturity
BZDIOVER
At maturity
Barclays Bank PLC
1/2/2029
72,455
460
460
14.05%
At maturity
BZDIOVER
At maturity
Goldman Sachs
1/2/2029
43,955
279
279
11.495%
At maturity
BZDIOVER
At maturity
Bank of America
1/2/2029
236,580
(2,562
)
(2,562
)
10.045%
At maturity
BZDIOVER
At maturity
Goldman Sachs
1/2/2029
353,760
(8,422
)
(8,422
)
 
 
 
 
 
$(17,024
)
$
$(17,024
)
Credit default swaps
Centrally cleared credit default swaps on credit indices — buy protection 
Reference
index
Financing
rate paid
Payment
frequency
Expiration
date
Notional
amount
(000)
Value at
6/30/2025
(000)
Upfront
premium
paid
(received)
(000)
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
CDX.NA.IG.44
1.00%
Quarterly
6/20/2030
USD179,023
$(3,958
)
$(3,155
)
$(803
)
ITRAXX.EUR.43
1.00%
Quarterly
6/20/2030
EUR138,288
(3,474
)
(2,246
)
(1,228
)
CDX.EM.43
1.00%
Quarterly
6/20/2030
USD140,000
3,486
4,862
(1,376
)
CDX.NA.HY.44
5.00%
Quarterly
6/20/2030
112,280
(8,428
)
(6,979
)
(1,449
)
 
 
 
$(12,374
)
$(7,518
)
$(4,856
)
Centrally cleared credit default swaps on credit indices — sell protection 
Reference
index
Financing
rate received
Payment
frequency
Expiration
date
Notional
amount (r)
(000)
Value at
6/30/2025 (s)
(000)
Upfront
premium
paid
(received)
(000)
Unrealized
appreciation
(depreciation)
at 6/30/2025
(000)
ITRAXX.EUR.XO.43
5.00%
Quarterly
6/20/2030
EUR40,560
$4,446
$4,271
$175
Investments in affiliates (p)
 
 
Value at
1/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
6/30/2025
(000)
Dividend
or interest
income
(000)
Investment funds 0.00%
Capital Group Central Corporate Bond Fund
$209
$5
$
$
$4
$218
$5
Short-term securities 4.20%
Money market investments 4.20%
Capital Group Central Cash Fund 4.35% (q)
421,730
2,190,996
2,186,337
(72
)
(43
)
426,274
11,242
Total 4.20%
$(72
)
$(39
)
$426,492
$11,247
 
44
Capital World Bond Fund

Restricted securities (b)
 
 
Acquisition
date(s)
Cost
(000)
Value
(000)
Percent
of net
assets
Wells Fargo & Co. 3.90% 7/22/2032 (3-month EUR-EURIBOR +
1.22% on 7/22/2031) (a)
10/16/2024-12/4/2024
$11,428
$12,558
0.12
%
Sasol Financing USA, LLC 8.75% 5/3/2029
7/18/2023-2/16/2024
11,603
11,446
0.11
Stillwater Mining Co. 4.00% 11/16/2026
1/26/2024-2/20/2024
9,077
9,426
0.09
Bank of America Corp. 0.58% 8/8/2029 (3-month EUR-EURIBOR
+ 0.73% on 8/8/2028) (a)
2/4/2021
3,795
3,466
0.04
General Motors Financial Co., Inc. 4.00% 7/10/2030
10/25/2024-10/31/2024
2,431
2,660
0.03
McDonald’s Corp. 4.00% 3/7/2030
11/14/2023
1,185
1,357
0.01
Linde PLC 3.00% 2/18/2033
6/11/2025
1,132
1,163
0.01
Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030
(13.875% on 6/22/2026) (a)(j)
6/23/2023-3/24/2025
671
694
0.01
Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030
(13.875% on 6/23/2026) (a)(j)
10/22/2024-3/24/2025
147
153
0.00
(t)
Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR
+ 7.25%) 11.428% 9/13/2029 (e)(i)
9/13/2023
529
542
0.01
Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR +
7.25%) 11.428% 9/13/2029 (e)(i)
9/13/2023-6/13/2025
11
11
0.00
(t)
Total
 
$42,009
$43,476
0.43
%
 
(a)
Step bond; coupon rate may change at a later date.
(b)
Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933. The total value of all
such restricted securities was $43,476,000, which represented 0.43% of the net assets of the fund.
(c)
Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
(d)
Index-linked bond whose principal amount moves with a government price index.
(e)
Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the
issuer or agent based on current market conditions; therefore, the reference rate and spread are not available.
(f)
Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.
(g)
Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of 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 $1,076,835,000, which
represented 10.62% of the net assets of the fund.
(h)
Value determined using significant unobservable inputs.
(i)
Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $19,840,000, which
represented 0.20% of the net assets of the fund.
(j)
Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when
available.
(k)
Amount less than one thousand.
(l)
Represents securities transacted on a TBA basis.
(m)
Scheduled interest and/or principal payment was not received.
(n)
All or a portion of this security was pledged as collateral.  The total value of pledged collateral was $96,761,000, which represented 0.95% of the net assets of
the fund.
(o)
Security did not produce income during the last 12 months.
(p)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
(q)
Rate represents the seven-day yield at 6/30/2025.
(r)
The maximum potential amount the fund may pay as a protection seller should a credit event occur.
(s)
The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell
protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or
increase, respectively.
(t)
Amount less than 0.01%.
 
Capital World Bond Fund
45

 
Key to abbreviation(s)
Assn. = Association
AUD = Australian dollars
BBSW = Bank Bill Swap Rate
BRL = Brazilian reais
BZDIOVER = Overnight Brazilian Interbank Deposit
Rate
CAB = Capital Appreciation Bonds
CAD = Canadian dollars
CHF = Swiss francs
CLO = Collateralized Loan Obligations
CLP = Chilean pesos
CME = CME Group
CMS = Constant Maturity Swap
CNH = Chinese yuan renminbi
CNY = Chinese yuan renminbi
COP = Colombian pesos
CZK = Czech korunas
DKK = Danish kroner
EGP = Egyptian pounds
EUR = Euros
EURIBOR = Euro Interbank Offered Rate
 
F-TIIE = Funding Equilibrium Interbank Interest Rate
GBP = British pounds
GO = General Obligation
HICP = Harmonised Index of Consumer Prices
HUF = Hungarian forints
ICE = Intercontinental Exchange, Inc.
IDR = Indonesian rupiah
ILS = Israeli shekels
INR = Indian rupees
JPY = Japanese yen
KRW = South Korean won
KZT = Kazakhstani tenge
LIBOR = London Interbank Offered Rate
MXN = Mexican pesos
MYR = Malaysian ringgits
NDR = Norwegian Depositary Receipts
NGN = Nigerian naira
NIBOR = Norwegian Interbank Offered Rate
NOK = Norwegian kroner
NZD = New Zealand dollars
PEN = Peruvian nuevos soles
 
PIK = Payment In Kind
PLN = Polish zloty
PRIBOR = Prague Interbank Offered Rate
Ref. = Refunding
REIT = Real Estate Investment Trust
Rev. = Revenue
RON = Romanian leu
RSC = Restricted Scope Company
SEK = Swedish kronor
SGD = Singapore dollars
SOFR = Secured Overnight Financing Rate
SONIA = Sterling Overnight Interbank Average Rate
STIBOR = Stockholm Interbank Offered Rate
TBA = To be announced
THB = Thai baht
TRY = Turkish lira
UAH = Ukrainian hryvnia
USD = U.S. dollars
UST = U.S. Treasury
WIBOR = Warsaw Interbank Offered Rate
ZAR = South African rand
Refer to the notes to financial statements.
 
46
Capital World Bond Fund

Financial statements
Statement of assets and liabilities at June 30, 2025unaudited
(dollars in thousands) 
Assets:
Investment securities, at value:
Unaffiliated issuers (cost: $9,752,075)
$9,681,057
Affiliated issuers (cost: $426,485)
426,492
$10,107,549
Cash
2,953
Cash collateral pledged for futures contracts
106
Cash denominated in currencies other than U.S. dollars (cost: $6,238)
6,241
Unrealized appreciation on open forward currency contracts
49,359
Bilateral swaps, at value
3,566
Unrealized appreciation on unfunded commitments*
Receivables for:
Sales of investments
66,605
Sales of fund’s shares
7,350
Dividends and interest
105,843
Variation margin on futures contracts
7,284
Variation margin on centrally cleared swap contracts
1,770
Variation margin on options (futures style)
530
Other
2,502
191,884
 
10,361,658
Liabilities:
Unrealized depreciation on open forward currency contracts
38,206
Bilateral swaps, at value
20,590
Options written, at value (premium received: $838)
80
Payables for:
Purchases of investments
137,868
Repurchases of fund’s shares
8,284
Investment advisory services
3,539
Services provided by related parties
1,247
Trustees’ deferred compensation
312
Variation margin on futures contracts
3,729
Variation margin on centrally cleared swap contracts
2,218
Variation margin on options (futures style)
398
Other
1,647
159,242
Commitments and contingencies*
Net assets at June 30, 2025
$10,143,540
Net assets consist of:
Capital paid in on shares of beneficial interest
$12,549,831
Total distributable earnings (accumulated loss)
(2,406,291
)
Net assets at June 30, 2025
$10,143,540
*
Refer to Note 5 for further information on unfunded commitments.
Amount less than one thousand.
Refer to the notes to financial statements.
 
Capital World Bond Fund
47

Financial statements (continued)
Statement of assets and liabilities at June 30, 2025 (continued)unaudited
(dollars and shares in thousands, except per-share amounts)
Shares of beneficial interest issued and outstanding (no stated par value) —
unlimited shares authorized (611,088 total shares outstanding) 
 
Net assets
Shares
outstanding
Net asset value
per share
Class A
$3,237,205
194,920
$16.61
Class C
26,730
1,640
16.30
Class T
9
*
16.55
Class F-1
69,472
4,194
16.57
Class F-2
662,150
39,953
16.57
Class F-3
1,015,279
61,203
16.59
Class 529-A
186,094
11,166
16.67
Class 529-C
3,573
217
16.47
Class 529-E
6,654
402
16.54
Class 529-T
11
1
16.57
Class 529-F-1
9
1
16.49
Class 529-F-2
33,778
2,034
16.60
Class 529-F-3
9
1
16.56
Class R-1
5,792
353
16.41
Class R-2
63,825
3,895
16.39
Class R-2E
5,733
346
16.56
Class R-3
83,127
5,014
16.58
Class R-4
55,568
3,349
16.59
Class R-5E
28,405
1,714
16.57
Class R-5
24,393
1,468
16.62
Class R-6
4,635,724
279,217
16.60
*
Amount less than one thousand. 
Refer to the notes to financial statements.
 
48
Capital World Bond Fund

Financial statements (continued)
Statement of operations for the six months ended June 30, 2025unaudited
(dollars in thousands) 
Investment income:
Income:
Interest from unaffiliated issuers (net of non-U.S. taxes of $278)
$233,050
Dividends (includes $11,247 from affiliates)
11,304
$244,354
Fees and expenses*:
Investment advisory services
21,654
Distribution services
4,947
Transfer agent services
4,988
Administrative services
1,507
529 plan services
58
Reports to shareholders
300
Registration statement and prospectus
193
Trustees’ compensation
28
Auditing and legal
16
Custodian
343
Other
29
34,063
Net investment income
210,291
Net realized gain (loss) and unrealized appreciation (depreciation):
Net realized gain (loss) on:
Investments (net of non-U.S. taxes of $2,786):
Unaffiliated issuers
(103,121
)
Affiliated issuers
(72
)
Options purchased (futures style)
(2,779
)
Options written
2,144
Futures contracts
(7,866
)
Forward currency contracts
33,424
Swap contracts
2,132
Currency transactions
(2,725
)
(78,863
)
Net unrealized appreciation (depreciation) on:
Investments (net of non-U.S. taxes of $1,325):
Unaffiliated issuers
605,976
Affiliated issuers
(39
)
Options purchased (futures style)
442
Options written
99
Futures contracts
30,259
Forward currency contracts
25,624
Swap contracts
15,807
Currency translations
4,974
683,142
Net realized gain (loss) and unrealized appreciation (depreciation)
604,279
Net increase (decrease) in net assets resulting from operations
$814,570
*
Additional information related to class-specific fees and expenses is included in the notes to financial statements.
Refer to the notes to financial statements.
 
Capital World Bond Fund
49

Financial statements (continued)
Statements of changes in net assets
(dollars in thousands) 
 
Six months ended
June 30,
Year ended
December 31,
 
2025*
2024
 
 
Operations:
Net investment income
$210,291
$422,783
Net realized gain (loss)
(78,863
)
(227,454
)
Net unrealized appreciation (depreciation)
683,142
(480,776
)
Net increase (decrease) in net assets resulting from operations
814,570
(285,447
)
Distributions paid to shareholders
(197,217
)
(321,719
)
Net capital share transactions
(683,080
)
1,219,959
Total increase (decrease) in net assets
(65,727
)
612,793
Net assets:
Beginning of period
10,209,267
9,596,474
End of period
$10,143,540
$10,209,267
*
Unaudited.
Refer to the notes to financial statements.
 
50
Capital World Bond Fund

Notes to financial statementsunaudited
1. Organization
Capital World Bond Fund (the “fund”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end, diversified management investment company. The fund seeks to provide, over the long term, a high level of total return consistent with prudent investment management. Total return comprises the income generated by the fund and the changes in the market value of the fund’s investments.
The fund has 21 share classes consisting of six retail share classes (Classes A, C, T, F-1, F-2 and F-3), seven 529 college savings plan share classes (Classes 529-A, 529-C, 529-E, 529-T, 529-F-1, 529-F-2 and 529-F-3) and eight retirement plan share classes (Classes R-1, R-2, R-2E, R-3, R-4, R-5E, R-5 and R-6). The 529 college savings plan share classes can be used to save for college education. The retirement plan share classes are generally offered only through eligible employer-sponsored retirement plans. The fund’s share classes are described further in the following table: 
Share class
Initial sales charge
Contingent deferred sales
charge upon redemption
Conversion feature
Class A
Up to 3.75%
None (except 0.75% for certain
redemptions within 18 months of purchase
without an initial sales charge)
None
Class 529-A
Up to 3.50%
None (except 1.00% for certain
redemptions within 18 months of purchase
without an initial sales charge)
None
Classes C and 529-C
None
1.00% for redemptions within one year of
purchase
Class C converts to Class A
after eight years and Class 529-C
converts to Class 529-A after five years
Class 529-E
None
None
None
Classes T and 529-T*
Up to 2.50%
None
None
Classes F-1, F-2, F-3, 529-F-1,
529-F-2 and 529-F-3
None
None
None
Classes R-1, R-2, R-2E, R-3, R-4,
R-5E, R-5 and R-6
None
None
None
*
Class T and 529-T shares are not available for purchase.
Holders of all share classes have equal pro rata rights to the assets, dividends and liquidation proceeds of the fund. 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, transfer agent and administrative 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 share class.
2. Significant accounting policies
The fund is an investment company that applies the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board ("FASB"). The fund’s financial statements have been prepared to comply with U.S. generally accepted accounting principles (“U.S. GAAP“). These principles require the fund’s investment adviser to make estimates and assumptions that affect reported amounts and disclosures. Actual results could differ from those estimates. Subsequent events, if any, have been evaluated through the date of issuance in the preparation of the financial statements. The fund follows the significant accounting policies described in this section, as well as the valuation policies described in the next section on valuation.
Operating segments — The fund represents a single operating segment as the operating results of the fund are monitored as a whole and its long-term asset allocation is determined in accordance with the terms of its prospectus, based on defined investment objectives that are executed by the fund’s portfolio management team. A senior executive team comprised of the fund’s Principal Executive Officer and Principal Financial Officer, serves as the fund’s chief operating decision maker (“CODM”), who act in accordance with Board of Trustee reviews and approvals. The CODM uses financial information, such as changes in net assets from operations, changes in net assets from fund share transactions, and income and expense ratios, consistent with that presented within the accompanying financial statements and financial highlights to assess the fund’s profits and losses and to make resource allocation decisions. Segment assets are reflected in the statement of assets and liabilities as net assets, which consists primarily of investment securities, at value, and significant segment expenses are listed in the accompanying statement of operations.
 
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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 recognized on 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), realized gains and losses and unrealized appreciation and depreciation are allocated daily among the various share classes based on their relative net assets. Class-specific fees and expenses, such as distribution, transfer agent and administrative services, are charged directly to the respective share class.
Distributions paid to shareholders — Income dividends and capital gain distributions are recorded on the ex-dividend date. The fund may deem a portion of the income dividends and/or capital gain distributions as a return of capital for tax purposes.
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 supplied by one or more pricing vendors 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. 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 in the fund’s statement of operations. 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.
New accounting pronouncements — In December 2023, the FASB issued Accounting Standards Update 2023-09 (“the ASU”), Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which enhances income tax disclosures, including disclosure of income taxes paid disaggregated by jurisdiction. The ASU is effective for annual periods beginning after December 15, 2024, with early adoption permitted. Management is currently evaluating the ASU and its impact to the financial statements.
3. Valuation
Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by U.S. GAAP. The net asset value per share 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.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s 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, including depositary receipts, 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, are generally valued at evaluated prices obtained from third-party 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. 
 
52
Capital World Bond Fund

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 & loans; convertible securities
Standard inputs and underlying equity of the issuer
Bonds & notes of governments & government agencies
Standard inputs and interest rate volatilities
Mortgage-backed; asset-backed obligations
Standard inputs and cash flows, prepayment information, default rates,
delinquency and loss assumptions, collateral characteristics, credit
enhancements and specific deal information
Municipal securities
Standard inputs and, for certain distressed securities, cash flows or
liquidation values using a net present value calculation based on inputs that
include, but are not limited to, financial statements and debt contracts
Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund’s investment adviser. The Capital Group Central Corporate Bond Fund (“CCBF”), a fund within the Capital Group Central Fund Series II, and Capital Group Central Cash Fund (“CCF”), a fund within the Capital Group Central Fund Series (collectively the “Central Funds“), are each valued based upon a floating net asset value, which fluctuates with changes in the value of each fund’s portfolio securities. The underlying securities are valued based on the policies and procedures in the Central Funds’ statements of additional information. Exchange-traded options and futures are generally valued at the official closing price for options and official settlement price for futures on the exchange or market on which such instruments are traded, as of the close of business on the day such instruments are being valued. Forward currency contracts are valued based on the spot and forward exchange rates obtained from a third-party pricing vendor. Swaps and over-the-counter (OTC) options are generally valued using evaluated prices obtained from third-party pricing vendors who calculate these values based on market inputs that may include the yields of the indices referenced in the instrument and the relevant curve, dealer quotes, default probabilities and recovery rates, exchange rates, implied option volatilities, and terms of the contract.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund’s investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, 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. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair 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.
Processes and structure — The fund’s board of trustees has designated the fund’s investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Committee”) to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. 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. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
 
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Classifications — The fund’s investment adviser classifies the fund’s 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 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. 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 fund’s valuation levels as of June 30, 2025, were as follows (dollars in thousands): 
 
Investment securities
 
Level 1
Level 2
Level 3
Total
Assets:
Bonds, notes & other debt instruments:
Euros
$
$2,001,228
$
$2,001,228
Japanese yen
826,638
826,638
British pounds
358,292
358,292
Brazilian reais
274,919
274,919
Chinese yuan renminbi
194,373
194,373
Australian dollars
185,992
185,992
Malaysian ringgits
160,037
160,037
Canadian dollars
139,364
139,364
Indian rupees
129,819
129,819
South Korean won
129,161
129,161
Mexican pesos
110,213
110,213
Danish kroner
58,849
58,849
Norwegian kroner
55,916
55,916
Indonesian rupiah
55,004
55,004
Polish zloty
22,646
22,646
South African rand
21,396
21,396
Czech korunas
13,762
13,762
Thai baht
10,526
10,526
Colombian pesos
9,525
9,525
Turkish lira
6,460
6,460
Hungarian forints
4,189
4,189
Peruvian nuevos soles
3,288
3,288
Egyptian pounds
2,982
2,982
Romanian leu
1,512
1,512
New Zealand dollars
1,243
1,243
Kazakhstani tenge
927
927
Chilean pesos
573
573
Swedish kronor
248
248
Ukrainian hryvnia
104
104
U.S. dollars
4,866,048
4,329
4,870,377
Convertible bonds & notes
2,830
2,830
Preferred securities
398
398
Common stocks
1,359
52
233
1,644
Investment funds
218
218
Short-term securities
426,274
26,095
452,369
Options purchased on futures (equity style)
284
284
Options purchased on foreign currencies (equity style)
243
243
Total
$428,135
$9,674,454
$4,960
$10,107,549
 
 
54
Capital World Bond Fund

 
Other investments*
 
Level 1
Level 2
Level 3
Total
Assets:
Unrealized appreciation on options purchased (futures style)
$442
$
$
$442
Unrealized appreciation on futures contracts
24,199
24,199
Unrealized appreciation on open forward currency contracts
49,359
49,359
Unrealized appreciation on centrally cleared interest rate swaps
6,778
6,778
Unrealized appreciation on bilateral interest rate swaps
3,566
3,566
Unrealized appreciation on centrally cleared credit default swaps
175
175
Liabilities:
Value of options written (equity style)
(80
)
(80
)
Unrealized depreciation on options written (futures style)
(271
)
(271
)
Unrealized depreciation on futures contracts
(7,032
)
(7,032
)
Unrealized depreciation on open forward currency contracts
(38,206
)
(38,206
)
Unrealized depreciation on centrally cleared interest rate swaps
(7,933
)
(7,933
)
Unrealized depreciation on bilateral interest rate swaps
(20,590
)
(20,590
)
Unrealized depreciation on centrally cleared credit default swaps
(4,856
)
(4,856
)
Total
$17,338
$(11,787
)
$
$5,551
*
Options purchased (futures style), options written, future contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the fund’s 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 securities held by the fund may decline — sometimes rapidly or unpredictably — due to various factors, including events or conditions affecting the general economy or particular industries or companies; overall market changes; local, regional or global political, social or economic instability; governmental, governmental agency or central bank responses to economic conditions; levels of public debt and deficits; changes in inflation rates; and currency exchange rate, interest rate and commodity price fluctuations.
Economies and financial markets throughout the world are highly interconnected. Economic, financial or political events, trading and tariff arrangements, wars, terrorism, cybersecurity events, natural disasters, public health emergencies (such as the spread of infectious disease), bank failures and other circumstances in one country or region, including actions taken by governmental or quasi-governmental authorities in response to any of the foregoing, could have impacts on global economies or markets. As a result, whether or not the fund invests in securities of issuers located in or with significant exposure to the countries affected, the value and liquidity of the fund’s investments may be negatively affected by developments in other countries and regions.
Issuer risks — The prices of, and the income generated by, securities held by the fund may decline in response to various factors directly related to the issuers of such securities, including reduced demand for an issuer’s goods or services, poor management performance, major litigation, investigations or other controversies related to the issuer, changes in the issuer’s financial condition or credit rating, changes in government regulations affecting the issuer or its competitive environment and strategic initiatives such as mergers, acquisitions or dispositions and the market response to any such initiatives. An individual security may also be affected by factors relating to the industry or sector of the issuer or the securities markets as a whole, and conversely an industry or sector or the securities markets may be affected by a change in financial condition or other event affecting a single issuer.
Investing in debt instruments — The prices of, and the income generated by, bonds and other debt securities held by the fund may be affected by factors such as the interest rates, maturities and credit quality of these securities.
Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Also, when interest rates rise, issuers of debt securities that may be prepaid at any time, such as mortgage- or other asset-backed securities, are less likely to refinance existing debt securities, causing the average life of such securities to extend. A general change in interest rates may cause investors to sell debt securities on a large scale, which could also adversely affect the price and liquidity of debt securities and could also result in increased redemptions from the fund. Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in the fund having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greater sensitivity to changes in interest rates and may be subject to greater price fluctuations than shorter maturity debt securities.
 
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55

Bonds and other debt securities are also subject to credit risk, which is the possibility that the credit strength of an issuer or guarantor will weaken or be perceived to be weaker, and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Changes in actual or perceived creditworthiness may occur quickly. A downgrade or default affecting any of the fund’s securities could cause the value of the fund’s shares to decrease. Lower quality debt securities generally have higher rates of interest and may be subject to greater price fluctuations than higher quality debt securities. Credit risk is gauged, in part, by the credit ratings of the debt securities in which the fund invests. However, ratings are only the opinions of the rating agencies issuing them and are not guarantees as to credit quality or an evaluation of market risk. The fund’s investment adviser relies on its own credit analysts to research issuers and issues in assessing credit and default risks.
Liquidity risk — Certain fund holdings may be or may become difficult or impossible to sell, particularly during times of market turmoil. Liquidity may be impacted by the lack of an active market for a holding, legal or contractual restrictions on resale, or the reduced number and capacity of market participants to make a market in such holding. Market prices for less liquid or illiquid holdings may be volatile or difficult to determine, and reduced liquidity may have an adverse impact on the market price of such holdings. Additionally, the sale of less liquid or illiquid holdings may involve substantial delays (including delays in settlement) and additional costs and the fund may be unable to sell such holdings when necessary to meet its liquidity needs or to try to limit losses, or may be forced to sell at a loss.
Investing in lower rated debt instruments — Lower rated bonds and other lower rated debt securities generally have higher rates of interest and involve greater risk of default or price declines due to changes in the issuer’s creditworthiness than those of higher quality debt securities. The market prices of these securities may fluctuate more than the prices of higher quality debt securities and may decline significantly in periods of general economic difficulty. These risks may be increased with respect to investments in junk bonds.
Currency — The prices of, and the income generated by, many debt securities held by the fund may also be affected by changes in relative currency values. If the U.S. dollar appreciates against foreign currencies, the value in U.S. dollars of the fund’s securities denominated in such currencies would generally fall and vice versa.
Investing in derivatives — The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional securities, such as stocks and bonds. Changes in the value of a derivative may not correlate perfectly with, and may be more sensitive to market events than, the underlying asset, rate or index, and a derivative instrument may cause the fund to lose significantly more than its initial investment. Derivatives may be difficult to value, difficult for the fund to buy or sell at an opportune time or price and difficult, or even impossible, to terminate or otherwise offset. The fund’s use of derivatives may result in losses to the fund, and investing in derivatives may reduce the fund’s returns and increase the fund’s price volatility. The fund’s counterparty to a derivative transaction (including, if applicable, the fund’s clearing broker, the derivatives exchange or the clearinghouse) may be unable or unwilling to honor its financial obligations in respect of the transaction. In certain cases, the fund may be hindered or delayed in exercising remedies against or closing out derivative instruments with a counterparty, which may result in additional losses. Derivatives are also subject to operational risk (such as documentation issues, settlement issues and systems failures) and legal risk (such as insufficient documentation, insufficient capacity or authority of a counterparty, and issues with the legality or enforceability of a contract).
Investing in mortgage-related and other asset-backed securities — Mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, include debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. While such securities are subject to the risks associated with investments in debt instruments generally (for example, credit, extension and interest rate risks), they are also subject to other and different risks. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt, potentially increasing the volatility of the securities and the fund’s net asset value. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund’s income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund’s cash available for reinvestment in higher yielding securities. Mortgage-backed securities are also subject to the risk that underlying borrowers will be unable to meet their obligations and the value of property that secures the mortgages may decline in value and be insufficient, upon foreclosure, to repay the associated loans. Investments in asset-backed securities are subject to similar risks.
Investing in inflation-linked bonds — The values of inflation-linked bonds generally fluctuate in response to changes in real interest rates — i.e., rates of interest after factoring in inflation. A rise in real interest rates may cause the prices of inflation-linked securities to fall, while a decline in real interest rates may cause the prices to increase. Inflation-linked bonds may experience greater losses than other debt securities with similar durations when real interest rates rise faster than nominal interest rates. There can be no assurance that the value of an inflation-linked security will be directly correlated to changes in interest rates; for example, if interest rates rise for reasons other than inflation, the increase may not be reflected in the security’s inflation measure.
 
56
Capital World Bond Fund

Investing in inflation-linked bonds may also reduce the fund’s distributable income during periods of deflation. If prices for goods and services decline throughout the economy, the principal and income on inflation-linked securities may decline and result in losses to the fund.
Investing outside the U.S. — Securities of issuers domiciled outside the U.S. or with significant operations or revenues outside the U.S., and securities tied economically to countries outside the U.S., may lose value because of adverse political, social, economic or market developments (including social instability, regional conflicts, terrorism and war) in the countries or regions in which the issuers are domiciled, operate or generate revenue or to which the securities are tied economically. These securities may also lose value due to changes in foreign currency exchange rates against the U.S. dollar and/or currencies of other countries. Issuers of these securities may be more susceptible to actions of foreign governments, such as nationalization, currency blockage or the imposition of price controls, sanctions, or punitive taxes, each of which could adversely impact the value of these securities. 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 regulatory, legal, accounting, auditing, financial reporting and recordkeeping requirements, and may be more difficult to value, than those in the U.S. In addition, the value of investments outside the U.S. may be reduced by foreign taxes, including foreign withholding taxes on interest and dividends. Further, there may be increased risks of delayed settlement of securities purchased or sold by the fund, which could impact the liquidity of the fund’s portfolio. The risks of investing outside the U.S. may be heightened in connection with investments in emerging markets.
Investing in emerging markets — Investing in emerging markets may involve risks in addition to and greater than those generally associated with investing in the securities markets of developed countries. For instance, emerging market countries tend to have less developed political, economic and legal systems than those in developed countries. Accordingly, the governments of these countries may be less stable and more likely to intervene in the market economy, for example, by imposing capital controls, nationalizing a company or industry, placing restrictions on foreign ownership and on withdrawing sale proceeds of securities from the country, and/or imposing punitive taxes that could adversely affect the prices of securities. Information regarding issuers in emerging markets may be limited, incomplete or inaccurate, and such issuers may not be subject to regulatory, accounting, auditing, and financial reporting and recordkeeping standards comparable to those to which issuers in more developed markets are subject. The fund’s rights with respect to its investments in emerging markets, if any, will generally be governed by local law, which may make it difficult or impossible for the fund to pursue legal remedies or to obtain and enforce judgments in local courts. In addition, the economies of these countries may be dependent on relatively few industries, may have limited access to capital and may be more susceptible to changes in local and global trade conditions and downturns in the world economy. 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, more vulnerable to market manipulation, and more difficult to value, than securities issued in countries with more developed economies and/or markets. Less certainty with respect to security valuations may lead to additional challenges and risks in calculating the fund’s net asset value. Additionally, emerging markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by banks, agents and depositories that are less established than those in developed countries.
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, including models, tools and data, employed by the investment adviser in this process may be flawed or incorrect and may not produce the desired results. This could cause the fund to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives.
5. Certain investment techniques
Index-linked bonds — The fund has invested in index-linked bonds, which are fixed-income securities whose principal value is periodically adjusted to a government price index. Over the life of an index-linked bond, interest is paid on the adjusted principal value. Increases or decreases in the principal value of index-linked bonds are recorded as interest income in the fund’s statement of operations.
Mortgage dollar rolls — The fund has entered into mortgage dollar roll transactions of TBA securities in which the fund sells a TBA mortgage-backed security to a counterparty and simultaneously enters into an agreement with the same counterparty to buy back a similar TBA security on a specific future date at a predetermined price. Mortgage dollar rolls are accounted for as purchase and sale transactions and may result in an increase to the fund’s portfolio turnover rate. Portfolio turnover rates excluding and including mortgage dollar rolls are presented at the end of the fund’s financial highlights table.                                                    
 
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57

Loan transactions — The fund has entered into loan transactions in which the fund acquires a loan either through an agent, by assignment from another holder, or as a participation interest in another holder’s portion of a loan. The loan is often administered by a financial institution that acts as agent for the holders of the loan, and the fund may be required to receive approval from the agent and/or borrower prior to the sale of the investment. The loan’s interest rate and maturity date may change based on the terms of the loan, including potential early payments of principal.
Unfunded commitments — The fund has participated in transactions that involve unfunded commitments, which may obligate the fund to purchase new or additional bonds if certain contingencies are met. As of June 30, 2025, the fund’s maximum exposure of unfunded bond commitments was $717,000, which would represent less than 0.01% of the net assets of the fund should such commitments become due. Unrealized appreciation of less than $1,000 is disclosed as unrealized appreciation on unfunded commitments in the fund’s statement of assets and liabilities and is included in net unrealized appreciation on investments in unaffiliated issuers in the fund’s statement of operations.
Option contracts — The fund has entered into option contracts, which give the purchaser of the option, in return for a premium payment, the right to buy from (in the case of a call) or sell to (in the case of a put) the writer of the option the reference instrument underlying the option (or the cash value of the instrument underlying the option) at a specified exercise price. The writer of an option on a security has the obligation, upon exercise of the option, to cash settle or deliver the underlying currency or instrument upon payment of the exercise price (in the case of a call) or to cash settle or take delivery of the underlying currency or instrument and pay the exercise price (in the case of a put).
By purchasing a put option, the fund obtains the right (but not the obligation) to sell the currency or instrument underlying the option (or to deliver the cash value of the instrument underlying the option) at a specified exercise price. In return for this right, the fund pays the current market price, or the option premium, for the option. The fund may terminate its position in a put option by allowing the option to expire or by exercising the option. If the option is allowed to expire, the fund will lose the entire amount of the premium paid. If the option is exercised, the fund completes the sale of the underlying instrument (or cash settles) at the exercise price. The fund may also terminate a put option position by entering into opposing close-out transactions in advance of the option expiration date.
The features of call options are essentially the same as those of put options, except that the purchaser of a call option obtains the right (but not the obligation) to purchase, rather than sell, the underlying currency or instrument (or cash settle) at the specified exercise price. The buyer of a call option typically attempts to participate in potential price increases of the underlying currency or instrument with risk limited to the cost of the option if the price of the underlying currency or instrument falls. At the same time, the call option buyer can expect to suffer a loss if the price of the underlying currency or instrument does not rise sufficiently to offset the cost of the option.
The writer of a put or call option takes the opposite side of the transaction from the option purchaser. In return for receipt of the option premium, the writer assumes the obligation to pay or receive the exercise price for the option’s underlying currency or instrument if the other party to the option chooses to exercise it. The writer may seek to terminate a position in a put option before exercise by entering into opposing close-out transactions in advance of the option expiration date. If the market for the relevant put option is not liquid, however, the writer must be prepared to pay the exercise price while the option is outstanding, regardless of price changes. Writing a call option obligates the writer to, upon exercise of the option, deliver the option’s underlying currency or instrument in return for the exercise price or to make a net cash settlement payment, as applicable. The characteristics of writing call options are similar to those of writing put options, except that writing call options is generally a profitable strategy if prices remain the same or fall. The potential gain for the option seller in such a transaction would be capped at the premium received.
Option contracts can be either equity style (premium is paid in full when the option is opened) or futures style (premium moves as part of variation margin over the life of the option, and is paid in full when the option is closed). For equity style options, premiums paid on options purchased, as well as the daily fluctuation in market value, are included in investment securities in the fund’s statement of asset and liabilities, and premiums received on options written, as well as the daily fluctuation in market value, are included in options written at value in the fund’s statement of assets and liabilities. The net realized gains or losses and net unrealized appreciation or depreciation from equity style options are recorded in investments for purchased options and in options written for written options in the fund’s statement of operations and statements of changes in net assets.
For futures style options, on a daily basis for both purchased and written options, the fund pays or receives variation margin based on the premium paid and the daily fluctuation in market value, and records variation margin in the statement of assets and liabilities. Realized gains or losses are recorded at the time the option contract is closed or expires. The net realized gains or losses and net unrealized appreciation or depreciation from futures style options are recorded in options purchased (futures style) in the fund’s statement of operations and statements of changes in net assets.
 
58
Capital World Bond Fund

Option contracts can take different forms. The fund has entered into the following types of option contracts:
Options on futures — The fund has entered into options on futures contracts to seek to manage the fund’s interest rate sensitivity by increasing or decreasing the duration of the fund or a portion of the fund’s portfolio. An option on a futures contract gives the holder of the option the right to buy or sell a position in a futures contract from or to the writer of the option, at a specified price on or before the specified expiration date. The average month-end notional amount of options on futures while held was $1,034,395,000.
Options on foreign currencies —The fund has entered into options on foreign currencies to seek to protect against changes in currency exchange rates, to increase exposure to a particular foreign currency, to shift exposure to currency fluctuations from one currency to another or to seek to increase returns. An option on a foreign currency gives the holder of the option the right to buy or sell a foreign currency from or to the writer of the option, at a specified price on or before the specified expiration date. The average month-end notional amount of options on foreign currencies while held was $144,534,000.
Futures contracts — The fund has entered into futures contracts, which provide for the future sale by one party and purchase by another party of a specified amount of a specific financial instrument for a specified price, date, time and place designated at the time the contract is made. Futures contracts are used to strategically manage the fund’s interest rate sensitivity by increasing or decreasing the duration of the fund or a portion of the fund’s portfolio.
Upon entering into futures contracts, and to maintain the fund’s open positions in futures contracts, the fund is required to deposit with a futures broker, known as a futures commission merchant (“FCM“), in a segregated account in the name of the FCM an amount of cash, U.S. government securities or other liquid securities, known as initial margin. The margin required for a particular futures contract is set by the exchange on which the contract is traded to serve as collateral, and may be significantly modified from time to time by the exchange during the term of the contract.
On a daily basis, the fund pays or receives variation margin based on the increase or decrease in the value of the futures contracts and records variation margin on futures contracts in the statement of assets and liabilities. Futures contracts may involve a risk of loss in excess of the variation margin shown on the fund’s statement of assets and liabilities. The fund records realized gains or losses at the time the futures contract is closed or expires. Net realized gains or losses and net unrealized appreciation or depreciation from futures contracts are recorded in the fund’s statement of operations. The average month-end notional amount of futures contracts while held was $4,485,966,000.
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’s investment adviser uses forward currency contracts to manage the fund’s 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’s investment adviser values forward currency contracts and records unrealized appreciation or depreciation for open forward currency contracts in the fund’s statement of assets and liabilities. Realized gains or losses are recorded 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 fund’s 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 fund’s statement of operations. The average month-end notional amount of open forward currency contracts while held was $4,582,045,000.
Swap contracts — The fund has entered into swap agreements, which are two-party contracts entered into primarily by institutional investors for a specified time period. In a typical swap transaction, two parties agree to exchange the returns earned or realized from one or more underlying assets or rates of return. Swap agreements can be traded on a swap execution facility (SEF) and cleared through a central clearinghouse (cleared), traded over-the-counter (OTC) and cleared, or traded bilaterally and not cleared. Because clearing interposes a central clearinghouse as the ultimate counterparty to each participant’s swap, and margin is required to be exchanged under the rules of the clearinghouse, central clearing is intended to decrease (but not eliminate) counterparty risk relative to uncleared bilateral swaps. To the extent the fund enters into bilaterally negotiated swap transactions, the fund will enter into swap agreements only with counterparties that meet certain credit standards and subject to agreed collateralized procedures. The term of a swap can be days, months or years and certain swaps may be less liquid than others.
 
Capital World Bond Fund
59

Upon entering into a centrally cleared swap contract, the fund is required to deposit cash, U.S. government securities or other liquid securities, which is known as initial margin. Generally, the initial margin required for a particular swap is set and held as collateral by the clearinghouse on which the contract is cleared. The amount of initial margin required may be significantly modified from time to time by the clearinghouse during the term of the contract.
On a daily basis, interest accruals related to the exchange of future payments are recorded as a receivable and payable in the fund’s statement of assets and liabilities for centrally cleared swaps and as unrealized appreciation or depreciation in the fund’s statement of assets and liabilities for bilateral swaps. For centrally cleared swaps, the fund also pays or receives a variation margin based on the increase or decrease in the value of the swaps, including accrued interest as applicable, and records variation margin in the statement of assets and liabilities. The fund records realized gains and losses on both the net accrued interest and any gain or loss recognized at the time the swap is closed or expires. Net realized gains or losses, as well as any net unrealized appreciation or depreciation, from swaps are recorded in the fund’s statement of operations.
Swap agreements can take different forms. The fund has entered into the following types of swap agreements:
Interest rate swaps — The fund has entered into interest rate swaps, which seek to manage the interest rate sensitivity of the fund by increasing or decreasing the duration of the fund or a portion of the fund’s portfolio. An interest rate swap is an agreement between two parties to exchange or swap payments based on changes in an interest rate or rates. Typically, one interest rate is fixed and the other is variable based on a designated short-term interest rate such as the Secured Overnight Financing Rate (SOFR), prime rate or other benchmark, or on an inflation index such as the U.S. Consumer Price Index (which is a measure that examines the weighted average of prices of a basket of consumer goods and services and measures changes in the purchasing power of the U.S. dollar and the rate of inflation). In other types of interest rate swaps, known as basis swaps, the parties agree to swap variable interest rates based on different designated short-term interest rates. Interest rate swaps generally do not involve the delivery of securities or other principal amounts. Rather, cash payments are exchanged by the parties based on the application of the designated interest rates to a notional amount, which is the predetermined dollar principal of the trade upon which payment obligations are computed. Accordingly, the fund’s current obligation or right under the swap agreement is generally equal to the net amount to be paid or received under the swap agreement based on the relative value of the position held by each party. The average month-end notional amount of interest rate swaps while held was $1,840,226,000.
Credit default swap indices — The fund has entered into centrally cleared credit default swap indices, including CDX and iTraxx indices (collectively referred to as “CDSI”), in order to assume exposure to a diversified portfolio of credits or to hedge against existing credit risks. A CDSI is based on a portfolio of credit default swaps with similar characteristics, such as credit default swaps on high-yield bonds. In a typical CDSI transaction, one party (the protection buyer) is obligated to pay the other party (the protection seller) a stream of periodic payments over the term of the contract. If a credit event, such as a default or restructuring, occurs with respect to any of the underlying reference obligations, the protection seller must pay the protection buyer the loss on those credits.
The fund may enter into a CDSI transaction as either protection buyer or protection seller. If the fund is a protection buyer, it would pay the counterparty a periodic stream of payments over the term of the contract and would not recover any of those payments if no credit events were to occur with respect to any of the underlying reference obligations. However, if a credit event did occur, the fund, as a protection buyer, would have the right to deliver the referenced debt obligations or a specified amount of cash, depending on the terms of the applicable agreement, and to receive the par value of such debt obligations from the counterparty protection seller. As a protection seller, the fund would receive fixed payments throughout the term of the contract if no credit events were to occur with respect to any of the underlying reference obligations. If a credit event were to occur, however, the value of any deliverable obligation received by the fund, coupled with the periodic payments previously received by the fund, may be less than the full notional value that the fund, as a protection seller, pays to the counterparty protection buyer, effectively resulting in a loss of value to the fund. Furthermore, as a protection seller, the fund would effectively add leverage to its portfolio because it would have investment exposure to the notional amount of the swap transaction. The average month-end notional amount of credit default swaps while held was $654,170,000.
 
60
Capital World Bond Fund

The following tables identify the location and fair value amounts on the fund’s statement of assets and liabilities and the effect on the fund’s statement of operations resulting from the fund’s use of option contracts, futures contracts, forward currency contracts, interest rate swaps and credit default swaps as of, or for the six months ended, June 30, 2025 (dollars in thousands): 
 
 
Assets
Liabilities
Contracts
Risk type
Location on statement of
assets and liabilities
Value
Location on statement of
assets and liabilities
Value
Options purchased
(equity style)
Interest
Investment securities
$284
Investment securities
$
Options purchased
(equity style)
Currency
Investment securities
243
Investment securities
Options written
(equity style)
Currency
Options written, at value
Options written, at value
80
Options purchased
(futures style)
Interest
Unrealized appreciation*
442
Unrealized depreciation*
Options written
(futures style)
Interest
Unrealized appreciation*
Unrealized depreciation*
271
Futures
Interest
Unrealized appreciation*
24,199
Unrealized depreciation*
7,032
Forward currency
Currency
Unrealized appreciation on open forward
currency contracts
49,359
Unrealized depreciation on open forward
currency contracts
38,206
Swap (centrally
cleared)
Interest
Unrealized appreciation*
6,778
Unrealized depreciation*
7,933
Swap (bilateral)
Interest
Bilateral swaps, at value
3,566
Bilateral swaps, at value
20,590
Swap (centrally
cleared)
Credit
Unrealized appreciation*
175
Unrealized depreciation*
4,856
 
 
 
$85,046
 
$78,968
 
 
 
Net realized gain (loss)
Net unrealized appreciation (depreciation)
Contracts
Risk type
Location on statement of operations
Value
Location on statement of operations
Value
Options purchased
(equity style)
Interest
Net realized gain (loss) on investments
$(3
)
Net unrealized appreciation (depreciation)
on investments
$(329
)
Options purchased
(equity style)
Currency
Net realized gain (loss) on investments
1,303
Net unrealized appreciation (depreciation)
on investments
211
Options written
(equity style)
Interest
Net realized gain (loss) on options written
38
Net unrealized appreciation (depreciation)
on options written
Options written
(equity style)
Currency
Net realized gain (loss) on options written
395
Net unrealized appreciation (depreciation)
on options written
370
Options purchased
(futures style)
Interest
Net realized gain (loss) on options
purchased (futures style)
(2,779
)
Net unrealized appreciation (depreciation)
on options purchased (futures style)
442
Options written
(futures style)
Interest
Net realized gain (loss) on options written
1,711
Net unrealized appreciation (depreciation)
on options written
(271
)
Futures
Interest
Net realized gain (loss) on futures contracts
(7,866
)
Net unrealized appreciation (depreciation)
on futures contracts
30,259
Forward currency
Currency
Net realized gain (loss) on forward
currency contracts
33,424
Net unrealized appreciation (depreciation)
on forward currency contracts
25,624
Swap
Interest
Net realized gain (loss) on swap contracts
(786
)
Net unrealized appreciation (depreciation)
on swap contracts
19,520
Swap
Credit
Net realized gain (loss) on swap contracts
2,918
Net unrealized appreciation (depreciation)
on swap contracts
(3,713
)
 
 
 
$28,355
 
$72,113
*
Includes cumulative appreciation/depreciation on futures style options, futures contracts, centrally cleared interest rate swaps and centrally cleared credit default swaps as reported in the applicable tables following the fund’s investment portfolio. Only current day’s variation margin is reported within the fund’s statement of assets and liabilities.
 
Capital World Bond Fund
61

Collateral — The fund receives or pledges highly liquid assets, such as cash or U.S. government securities, as collateral due to its use of option contracts, futures contracts, forward currency contracts, interest rate swaps, credit default swaps and future delivery contracts. For options on futures, futures contracts, centrally cleared interest rate swaps and centrally cleared credit default swaps, the fund pledges collateral for initial and variation margin by contract. For options on foreign currencies, forward currency contracts and bilateral interest rate swaps, the fund either receives or pledges collateral based on the net gain or loss on unsettled contracts by counterparty. For future delivery contracts, the fund either receives or pledges collateral based on the net gain or loss on unsettled contracts by certain counterparties. The purpose of the collateral is to cover potential losses that could occur in the event that either party cannot meet its contractual obligation. Non-cash collateral pledged by the fund, if any, is disclosed in the fund’s investment portfolio, and cash collateral pledged by the fund, if any, is held in a segregated account with the fund’s custodian, which is reflected as pledged cash collateral in the fund’s statement of assets and liabilities.
Rights of offset — The fund has entered into enforceable master netting agreements with certain counterparties for forward currency contracts, options on foreign currencies and bilateral interest rate swaps, where on any date amounts payable by each party to the other (in the same currency with respect to the same transaction) may be closed or offset by each party’s payment obligation. If an early termination date occurs under these agreements following an event of default or termination event, all obligations of each party to its counterparty are settled net through a single payment in a single currency (“close-out netting“). For financial reporting purposes, the fund does not offset financial assets and financial liabilities that are subject to these master netting arrangements in the statement of assets and liabilities.
The following table presents the fund’s forward currency contracts, options on foreign currencies and bilateral interest rate swaps by counterparty that are subject to master netting agreements but that are not offset in the fund’s statement of assets and liabilities. The net amount column shows the impact of offsetting on the fund’s statement of assets and liabilities as of June 30, 2025, if close-out netting was exercised (dollars in thousands): 
Counterparty
Gross amounts
recognized in the
statement of assets
and liabilities
Gross amounts not offset in the
statement of assets and liabilities and
subject to a master netting agreement
Net
amount
Available
to offset
Non-cash
collateral*
Cash
collateral*
Assets:
Bank of America
$9,373
$ (5,662
)
$ (1,750
)
$
$1,961
Bank of New York Mellon
442
442
Barclays Bank PLC
3,094
(2,203
)
891
BNP Paribas
1,111
(1,111
)
Citibank
16,868
(5,615
)
(8,300
)
2,953
Goldman Sachs
1,422
(1,422
)
HSBC Bank
6,516
(2,590
)
(2,870
)
1,056
JPMorgan Chase
6,511
(1,782
)
(3,002
)
1,727
Morgan Stanley
1,555
(1,555
)
Standard Chartered Bank
5,191
(5,191
)
UBS AG
938
(938
)
Total
$53,021
$ (28,069
)
$ (4,752
)
$ (11,170
)
$9,030
Liabilities:
Bank of America
$5,662
$ (5,662
)
$
$
$
Barclays Bank PLC
2,203
(2,203
)
BNP Paribas
5,852
(1,111
)
(4,039
)
702
Citibank
5,615
(5,615
)
Goldman Sachs
14,333
(1,422
)
(12,911
)
HSBC Bank
2,590
(2,590
)
JPMorgan Chase
1,782
(1,782
)
Morgan Stanley
6,772
(1,555
)
(3,969
)
1,248
Standard Chartered Bank
5,491
(5,191
)
(300
)
UBS AG
8,534
(938
)
(4,404
)
3,192
Total
$58,834
$ (28,069
)
$ (25,623
)
$
$5,142
*
Collateral is shown on a settlement basis.
 
62
Capital World Bond Fund

6. Taxation and distributions
Federal income taxation — The fund complies with the requirements under Subchapter M of the Internal Revenue Code applicable to regulated investment companies 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 June 30, 2025, 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 significant interest or penalties.
The fund’s tax returns are generally not subject to examination by federal, state and, if applicable, non-U.S. tax authorities after the expiration of each jurisdiction’s statute of limitations, which is typically three years after the date of filing but can be extended in certain jurisdictions.
Non-U.S. taxation — Dividend and interest income are recorded net of non-U.S. taxes paid. The fund may file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. These reclaims are recorded when the amount is known and there are no significant uncertainties on collectability. Gains realized by the fund on the sale of securities in certain countries, if any, may be subject to non-U.S. taxes. The fund generally records an estimated deferred tax liability based on unrealized gains to provide for potential non-U.S. taxes payable upon the sale of these securities.
Distributions — Distributions determined on a tax basis 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; cost of investments sold; net capital losses; non-U.S. taxes on capital gains and income on certain investments. 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 December 31, 2024, the components of distributable earnings on a tax basis were as follows (dollars in thousands): 
Undistributed ordinary income
$44,281
Capital loss carryforward1
(2,332,776
)
1
The capital loss carryforward will be used to offset any capital gains realized by the fund in the current year or in subsequent years. The fund will not make distributions from capital gains while a capital loss carryforward remains.
As of June 30, 2025, the tax basis unrealized appreciation (depreciation) and cost of investments were as follows (dollars in thousands): 
Gross unrealized appreciation on investments
$405,327
Gross unrealized depreciation on investments
(468,993
)
Net unrealized appreciation (depreciation) on investments
(63,666
)
Cost of investments
10,181,155
 
Capital World Bond Fund
63

Tax-basis distributions paid to shareholders from ordinary income were as follows (dollars in thousands):  
 
Six months ended
June 30,
Year ended
December 31,
Share class
20252
2024
Class A
$56,607
$97,545
Class C
394
735
Class T
3
3
Class F-1
1,214
2,113
Class F-2
12,556
22,509
Class F-3
26,323
50,684
Class 529-A
3,174
5,324
Class 529-C
49
89
Class 529-E
111
194
Class 529-T
3
3
Class 529-F-1
3
3
Class 529-F-2
637
1,052
Class 529-F-3
3
3
Class R-1
84
132
Class R-2
948
1,511
Class R-2E
89
140
Class R-3
1,374
2,309
Class R-4
1,032
1,778
Class R-5E
544
898
Class R-5
479
839
Class R-6
91,602
133,867
Total
$197,217
$321,719
2
All or a portion of these amounts may later be determined as return of capital; the determination will be made at December 31, 2025.
3
Amount less than one thousand.
7. Fees and transactions with related parties
CRMC, the fund’s investment adviser, is the parent company of Capital Client Group, Inc. (“CCG”), the principal underwriter of the fund’s shares, and American Funds Service Company® (“AFS”), the fund’s transfer agent. CRMC, CCG and AFS are considered related parties to the fund.
Investment advisory services — The fund has an investment advisory and service agreement with CRMC that provides for monthly fees accrued daily. These fees are based on a series of decreasing annual rates beginning with 0.431% on the first $15 billion of daily net assets and decreasing to 0.360% on such assets in excess of $15 billion. For the six months ended June 30, 2025, the investment advisory services fees were $21,654,000, which were equivalent to an annualized rate of 0.431% of average daily net assets.
 
64
Capital World Bond Fund

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 further described below:
Distribution services — The fund has plans of distribution for all share classes, except Class F-2, F-3, 529-F-2, 529-F-3, R-5E, R-5 and R-6 shares. 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 0.30% to 1.00% as noted in this section. 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 CCG for paying service fees, to firms that have entered into agreements with CCG 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. 
Share class
Currently approved limits
Plan limits
Class A
0.30
%
0.30
%
Class 529-A
0.30
0.50
Classes C, 529-C and R-1
1.00
1.00
Class R-2
0.75
1.00
Class R-2E
0.60
0.85
Classes 529-E and R-3
0.50
0.75
Classes T, F-1, 529-T, 529-F-1 and R-4
0.25
0.50
For Class A and 529-A shares, distribution-related expenses include the reimbursement of dealer and wholesaler commissions paid by CCG for certain shares sold without a sales charge. These share classes reimburse CCG for amounts billed within the prior 15 months but only to the extent that the overall annual expense limits are not exceeded. As of June 30, 2025, there were no unreimbursed expenses subject to reimbursement for Class A or 529-A shares.
Transfer agent services — The fund has a shareholder services agreement with AFS under which the fund compensates AFS for providing transfer agent services to each of the fund’s share classes. These services include recordkeeping, shareholder communications and transaction processing. Under this agreement, the fund also pays sub-transfer agency fees to AFS. These fees are paid by AFS to third parties for performing transfer agent services on behalf of fund shareholders.
Administrative services — The fund has an administrative services agreement with CRMC under which the fund compensates CRMC for providing administrative services to all share classes. Administrative services are provided by CRMC and its affiliates to help assist third parties providing non-distribution services to fund shareholders. These services include providing in-depth information on the fund and market developments that impact fund investments. Administrative services also include, but are not limited to, coordinating, monitoring and overseeing third parties that provide services to fund shareholders. The agreement provides the fund the ability to charge an administrative services fee at the annual rate of 0.05% of the average daily net assets attributable to each share class of the fund. Currently the fund pays CRMC an administrative services fee at the annual rate of 0.03% of the average daily net assets attributable to each share class of the fund for CRMC’s provision of administrative services.
529 plan services — Each 529 share class is subject to service fees to compensate the Commonwealth Savers Plan (formerly, Virginia529) for its oversight and administration of the CollegeAmerica 529 college savings plan. The fees are based on the combined net assets invested in Class 529 and ABLE shares of the American Funds. Class ABLE shares are offered on other American Funds by Commonwealth Savers Plan through ABLEAmerica®, a tax-advantaged savings program for individuals with disabilities. Commonwealth Savers Plan is not considered a related party to the fund.
The quarterly fees are based on a series of decreasing annual rates beginning with 0.09% on the first $20 billion of the combined net assets invested in the American Funds and decreasing to 0.03% on such assets in excess of $75 billion. The fees for any given calendar quarter are accrued and calculated on the basis of the average net assets of Class 529 and ABLE shares of the American Funds for the last month of the prior calendar quarter. For the six months ended June 30, 2025, the 529 plan services fees were $58,000, which were equivalent to 0.054% of the average daily net assets of each 529 share class.
 
Capital World Bond Fund
65

For the six months ended June 30, 2025, class-specific expenses under the agreements were as follows (dollars in thousands): 
Share class
Distribution
services
Transfer agent
services
Administrative
services
529 plan
services
Class A
$3,963
$3,971
$471
Not applicable
Class C
134
35
4
Not applicable
Class T
*
*
Not applicable
Class F-1
83
109
10
Not applicable
Class F-2
Not applicable
377
94
Not applicable
Class F-3
Not applicable
7
191
Not applicable
Class 529-A
197
210
26
$47
Class 529-C
17
4
1
1
Class 529-E
15
4
1
2
Class 529-T
*
*
*
Class 529-F-1
*
*
*
Class 529-F-2
Not applicable
17
5
8
Class 529-F-3
Not applicable
*
*
*
Class R-1
28
3
1
Not applicable
Class R-2
229
107
9
Not applicable
Class R-2E
15
6
1
Not applicable
Class R-3
197
60
12
Not applicable
Class R-4
69
28
8
Not applicable
Class R-5E
Not applicable
21
4
Not applicable
Class R-5
Not applicable
7
4
Not applicable
Class R-6
Not applicable
22
665
Not applicable
 
Total class-specific expenses
$4,947
$4,988
$1,507
$58
*
Amount less than one thousand.
Trustees’ deferred compensation — Trustees who are unaffiliated with CRMC may 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 $28,000 in the fund’s statement of operations reflects $20,000 in current fees (either paid in cash or deferred) and a net increase of $8,000 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, CCG and AFS. No affiliated officers or trustees received any compensation directly from the fund.
Investments in CCBF and CCF — The fund holds shares of CCBF, a corporate bond fund, and CCF, an institutional prime money market fund, which are both managed by CRMC. CCBF seeks to provide maximum total return consistent with capital preservation and prudent risk management by investing primarily in corporate debt instruments. CCBF is used as an investment vehicle for the fund’s corporate bond investments. CCF invests in high-quality, short-term money market instruments. CCF is used as the primary investment vehicle for the fund’s short-term instruments. Both CCBF and CCF shares are only available for purchase by CRMC, its affiliates, and other funds managed by CRMC or its affiliates, and are not available to the public. CRMC does not receive an investment advisory services fee from either CCBF or CCF.
Security transactions with related funds — The fund may purchase investment securities from, or sell investment securities to, other funds managed by CRMC (or funds managed by certain affiliates of CRMC) under procedures adopted by the fund’s board of trustees. The funds involved in such transactions are considered related by virtue of having a common investment adviser (or affiliated investment advisers), common trustees and/or common officers. When such transactions occur, each transaction is executed at the current market price of the security and no brokerage commissions or fees are paid in accordance with Rule 17a-7 of the 1940 Act. During the six months ended June 30, 2025, the fund did not engage in any such purchase or sale transactions with any related funds.
Interfund lending — Pursuant to an exemptive order issued by the SEC, the fund, along with other CRMC-managed funds (or funds managed by certain affiliates of CRMC), may participate in an interfund lending program. The program provides an alternate credit facility that permits the funds to lend or borrow cash for temporary purposes directly to or from one another, subject to the conditions of the exemptive order. The fund did not lend or borrow cash through the interfund lending program at any time during the six months ended June 30, 2025.
 
66
Capital World Bond Fund

8. Indemnifications
The fund’s organizational documents provide board members and officers with indemnification against certain liabilities or expenses in connection with the performance of their duties to the fund. In the normal course of business, the fund may also enter into contracts that provide general indemnifications. The fund’s maximum exposure under these arrangements is unknown since it is dependent on future claims that may be made against the fund. The risk of material loss from such claims is considered remote. Insurance policies are also available to the fund’s board members and officers.
9. Capital share transactions
Capital share transactions in the fund were as follows (dollars and shares in thousands):
 
 
Sales*
Reinvestments of
distributions
Repurchases*
Net increase
(decrease)
Share class
Amount
Shares
Amount
Shares
Amount
Shares
Amount
Shares
Six months ended June 30, 2025
Class A
$117,772
7,318
$56,059
3,471
$(291,432
)
(18,185
)
$(117,601
)
(7,396
)
Class C
1,754
111
393
25
(6,734
)
(429
)
(4,587
)
(293
)
Class T
Class F-1
2,198
140
1,190
74
(6,212
)
(389
)
(2,824
)
(175
)
Class F-2
108,849
6,757
12,397
769
(132,850
)
(8,313
)
(11,604
)
(787
)
Class F-3
233,238
14,605
26,176
1,628
(837,912
)
(52,383
)
(578,498
)
(36,150
)
Class 529-A
12,079
746
3,174
196
(15,230
)
(951
)
23
(9
)
Class 529-C
561
35
49
3
(842
)
(53
)
(232
)
(15
)
Class 529-E
370
23
110
7
(634
)
(40
)
(154
)
(10
)
Class 529-T
Class 529-F-1
Class 529-F-2
2,699
168
637
39
(3,262
)
(204
)
74
3
Class 529-F-3
Class R-1
642
40
83
5
(836
)
(52
)
(111
)
(7
)
Class R-2
5,019
317
948
59
(7,051
)
(447
)
(1,084
)
(71
)
Class R-2E
678
42
89
6
(282
)
(18
)
485
30
Class R-3
9,772
611
1,373
85
(10,236
)
(639
)
909
57
Class R-4
6,849
427
1,032
64
(10,435
)
(649
)
(2,554
)
(158
)
Class R-5E
2,478
155
544
34
(3,587
)
(225
)
(565
)
(36
)
Class R-5
3,504
218
479
30
(4,737
)
(296
)
(754
)
(48
)
Class R-6
239,809
15,088
91,602
5,674
(295,414
)
(18,369
)
35,997
2,393
Total net increase (decrease)
$748,271
46,801
$196,335
12,169
$(1,627,686
)
(101,642
)
$(683,080
)
(42,672
)
Refer to the end of the table(s) for footnote(s).
 
Capital World Bond Fund
67

 
Sales*
Reinvestments of
distributions
Repurchases*
Net increase
(decrease)
Share class
Amount
Shares
Amount
Shares
Amount
Shares
Amount
Shares
Year ended December 31, 2024
Class A
$248,938
15,400
$96,588
5,995
$(620,279
)
(38,401
)
$(274,753
)
(17,006
)
Class C
4,109
259
732
47
(13,584
)
(856
)
(8,743
)
(550
)
Class T
Class F-1
3,545
220
2,068
129
(15,925
)
(990
)
(10,312
)
(641
)
Class F-2
140,945
8,734
22,215
1,382
(231,746
)
(14,370
)
(68,586
)
(4,254
)
Class F-3
411,153
25,457
50,457
3,137
(265,067
)
(16,408
)
196,543
12,186
Class 529-A
19,347
1,194
5,317
329
(39,824
)
(2,453
)
(15,160
)
(930
)
Class 529-C
1,207
75
89
6
(2,404
)
(150
)
(1,108
)
(69
)
Class 529-E
809
51
194
12
(2,040
)
(127
)
(1,037
)
(64
)
Class 529-T
Class 529-F-1
Class 529-F-2
6,846
426
1,051
65
(6,796
)
(421
)
1,101
70
Class 529-F-3
Class R-1
1,077
68
132
8
(927
)
(58
)
282
18
Class R-2
11,406
714
1,510
95
(16,783
)
(1,049
)
(3,867
)
(240
)
Class R-2E
1,018
63
140
9
(1,678
)
(105
)
(520
)
(33
)
Class R-3
17,668
1,096
2,307
143
(29,108
)
(1,809
)
(9,133
)
(570
)
Class R-4
14,572
903
1,778
110
(20,318
)
(1,262
)
(3,968
)
(249
)
Class R-5E
6,315
390
898
56
(4,948
)
(306
)
2,265
140
Class R-5
5,198
321
838
52
(7,899
)
(486
)
(1,863
)
(113
)
Class R-6
1,569,370
97,962
133,868
8,318
(284,420
)
(17,582
)
1,418,818
88,698
Total net increase (decrease)
$2,463,523
153,333
$320,182
19,893
$(1,563,746
)
(96,833
)
$1,219,959
76,393
*
Includes exchanges between share classes of the fund.
Amount less than one thousand.
10. Investment transactions
The fund engaged in purchases and sales of investment securities, excluding short-term securities and U.S. government obligations,
if any, of $5,649,741,000 and $5,860,521,000, respectively, during the six months ended June 30, 2025.
11. Ownership Concentration
At June 30, 2025, one shareholder held more than 10% of the fund’s outstanding shares. The shareholder was American Funds Target Date 2035, with aggregate ownership of the fund’s outstanding shares of 10%. CRMC is the investment adviser to the fund.
 
68
Capital World Bond Fund

Financial Highlights
 
 
 
Income (loss) from
investment operations1
Dividends, distributions and return of capital
 
 
 
 
 
 
Year ended
Net asset
value,
beginning
of year
Net
investment
income
(loss)
Net gains
(losses) on
securities
(both
realized and
unrealized)
Total from
investment
operations
Dividends
(from net
investment
income)
Distributions
(from capital
gains)
Return of
capital
Total
dividends,
distributions
and return
of capital
Net assets
value, end
of year
Total return2,3
Net assets,
end of year
(in millions)
Ratio of
expenses to
average net
assets before
waivers/
reimburse-
ments4
Ratio of
expenses to
average net
assets after
waivers/
reimburse-
ments3,4
Ratio of
net income
(loss)
to average
net assets3
 
Class A:
06/30/20255,6
$15.63
$.31
$.96
$1.27
$(.29
)
$
$
$(.29
)
$16.61
8.19
%7
$3,237
.98
%8
.98
%8
3.88
%8
12/31/2024
16.63
.64
(1.17
)
(.53
)
(.47
)
(.47
)
15.63
(3.24
)
3,161
.99
.99
3.93
12/31/2023
16.12
.48
.44
.92
(.02
)
(.39
)
(.41
)
16.63
5.81
3,647
.99
.99
2.98
12/31/2022
19.92
.31
(3.79
)
(3.48
)
(.15
)
(.17
)
(.32
)
16.12
(17.51
)
3,862
.95
.95
1.83
12/31/2021
21.55
.31
(1.42
)
(1.11
)
(.40
)
(.12
)
(.52
)
19.92
(5.17
)
5,586
.92
.92
1.50
12/31/2020
20.26
.34
1.64
1.98
(.40
)
(.29
)
(.69
)
21.55
9.90
5,999
.93
.93
1.62
Class C:
06/30/20255,6
15.34
.25
.94
1.19
(.23
)
(.23
)
16.30
7.82
7
27
1.71
8
1.71
8
3.16
8
12/31/2024
16.33
.51
(1.15
)
(.64
)
(.35
)
(.35
)
15.34
(3.94
)
30
1.70
1.70
3.21
12/31/2023
15.83
.35
.44
.79
(.01
)
(.28
)
(.29
)
16.33
5.06
40
1.71
1.71
2.24
12/31/2022
19.57
.18
(3.73
)
(3.55
)
(.09
)
(.10
)
(.19
)
15.83
(18.16
)
52
1.69
1.69
1.08
12/31/2021
21.17
.16
(1.39
)
(1.23
)
(.25
)
(.12
)
(.37
)
19.57
(5.82
)
87
1.65
1.65
.77
12/31/2020
19.91
.18
1.61
1.79
(.24
)
(.29
)
(.53
)
21.17
9.09
118
1.67
1.67
.90
Class T:
06/30/20255,6
15.58
.32
.96
1.28
(.31
)
(.31
)
16.55
8.29
7,9
10
.74
8,9
.74
8,9
4.09
8,9
12/31/2024
16.59
.67
(1.17
)
(.50
)
(.51
)
(.51
)
15.58
(3.05
)9
10
.72
9
.72
9
4.14
9
12/31/2023
16.09
.53
.44
.97
(.02
)
(.45
)
(.47
)
16.59
6.12
9
10
.65
9
.65
9
3.26
9
12/31/2022
19.90
.35
(3.80
)
(3.45
)
(.17
)
(.19
)
(.36
)
16.09
(17.35
)9
10
.68
9
.68
9
2.06
9
12/31/2021
21.54
.35
(1.42
)
(1.07
)
(.45
)
(.12
)
(.57
)
19.90
(4.98
)9
10
.68
9
.68
9
1.71
9
12/31/2020
20.26
.38
1.64
2.02
(.45
)
(.29
)
(.74
)
21.54
10.13
9
10
.68
9
.68
9
1.83
9
Class F-1:
06/30/20255,6
15.59
.30
.97
1.27
(.29
)
(.29
)
16.57
8.18
7
69
1.04
8
1.04
8
3.82
8
12/31/2024
16.59
.62
(1.16
)
(.54
)
(.46
)
(.46
)
15.59
(3.30
)
68
1.04
1.04
3.87
12/31/2023
16.08
.48
.44
.92
(.02
)
(.39
)
(.41
)
16.59
5.81
83
1.03
1.00
2.97
12/31/2022
19.87
.31
(3.78
)
(3.47
)
(.15
)
(.17
)
(.32
)
16.08
(17.53
)
96
.97
.97
1.80
12/31/2021
21.50
.30
(1.42
)
(1.12
)
(.39
)
(.12
)
(.51
)
19.87
(5.20
)
141
.94
.94
1.48
12/31/2020
20.21
.33
1.65
1.98
(.40
)
(.29
)
(.69
)
21.50
9.93
187
.93
.93
1.62
Class F-2:
06/30/20255,6
15.59
.34
.96
1.30
(.32
)
(.32
)
16.57
8.41
7
662
.60
8
.60
8
4.26
8
12/31/2024
16.60
.70
(1.18
)
(.48
)
(.53
)
(.53
)
15.59
(2.92
)
635
.60
.60
4.31
12/31/2023
16.09
.54
.45
.99
(.02
)
(.46
)
(.48
)
16.60
6.24
747
.60
.60
3.37
12/31/2022
19.88
.37
(3.78
)
(3.41
)
(.18
)
(.20
)
(.38
)
16.09
(17.20
)
823
.60
.60
2.17
12/31/2021
21.51
.38
(1.42
)
(1.04
)
(.47
)
(.12
)
(.59
)
19.88
(4.85
)
1,274
.59
.59
1.84
12/31/2020
20.23
.40
1.64
2.04
(.47
)
(.29
)
(.76
)
21.51
10.25
1,182
.60
.60
1.95
Class F-3:
06/30/20255,6
15.61
.35
.96
1.31
(.33
)
(.33
)
16.59
8.47
7
1,015
.48
8
.48
8
4.40
8
12/31/2024
16.61
.72
(1.17
)
(.45
)
(.55
)
(.55
)
15.61
(2.75
)
1,519
.48
.48
4.44
12/31/2023
16.10
.56
.44
1.00
(.02
)
(.47
)
(.49
)
16.61
6.36
1,415
.48
.48
3.50
12/31/2022
19.90
.40
(3.80
)
(3.40
)
(.19
)
(.21
)
(.40
)
16.10
(17.13
)
1,363
.48
.48
2.31
12/31/2021
21.53
.40
(1.42
)
(1.02
)
(.49
)
(.12
)
(.61
)
19.90
(4.74
)
1,307
.48
.48
1.95
12/31/2020
20.24
.42
1.65
2.07
(.49
)
(.29
)
(.78
)
21.53
10.39
1,166
.50
.50
2.07
Class 529-A:
06/30/20255,6
15.68
.31
.97
1.28
(.29
)
(.29
)
16.67
8.22
7
186
1.00
8
1.00
8
3.86
8
12/31/2024
16.69
.63
(1.17
)
(.54
)
(.47
)
(.47
)
15.68
(3.31
)
175
1.01
1.01
3.91
12/31/2023
16.17
.48
.45
.93
(.02
)
(.39
)
(.41
)
16.69
5.83
202
1.01
1.01
2.96
12/31/2022
19.98
.31
(3.80
)
(3.49
)
(.15
)
(.17
)
(.32
)
16.17
(17.53
)
216
.98
.98
1.80
12/31/2021
21.61
.31
(1.42
)
(1.11
)
(.40
)
(.12
)
(.52
)
19.98
(5.18
)
297
.94
.94
1.48
12/31/2020
20.32
.33
1.64
1.97
(.39
)
(.29
)
(.68
)
21.61
9.84
335
.96
.96
1.59
Refer to the end of the table(s) for footnote(s).
 
Capital World Bond Fund
69

Financial Highlights (continued)
 
 
Income (loss) from
investment operations1
Dividends, distributions and return of capital
 
 
 
 
 
 
Year ended
Net asset
value,
beginning
of year
Net
investment
income
(loss)
Net gains
(losses) on
securities
(both
realized and
unrealized)
Total from
investment
operations
Dividends
(from net
investment
income)
Distributions
(from capital
gains)
Return of
capital
Total
dividends,
distributions
and return
of capital
Net assets
value, end
of year
Total return2,3
Net assets,
end of year
(in millions)
Ratio of
expenses to
average net
assets before
waivers/
reimburse-
ments4
Ratio of
expenses to
average net
assets after
waivers/
reimburse-
ments3,4
Ratio of
net income
(loss)
to average
net assets3
Class 529-C:
06/30/20255,6
$15.50
$.25
$.95
$1.20
$(.23
)
$
$
$(.23
)
$16.47
7.79
%7
$4
1.74
%8
1.74
%8
3.12
%8
12/31/2024
16.50
.51
(1.17
)
(.66
)
(.34
)
(.34
)
15.50
(4.02
)
4
1.75
1.75
3.16
12/31/2023
15.98
.35
.45
.80
(.01
)
(.27
)
(.28
)
16.50
5.04
5
1.78
1.78
2.17
12/31/2022
19.75
.17
(3.76
)
(3.59
)
(.08
)
(.10
)
(.18
)
15.98
(18.21
)
7
1.74
1.74
1.02
12/31/2021
21.36
.15
(1.40
)
(1.25
)
(.24
)
(.12
)
(.36
)
19.75
(5.88
)
12
1.69
1.69
.73
12/31/2020
20.07
.17
1.63
1.80
(.22
)
(.29
)
(.51
)
21.36
9.04
18
1.71
1.71
.86
Class 529-E:
06/30/20255,6
15.56
.29
.97
1.26
(.28
)
(.28
)
16.54
8.15
7
7
1.14
8
1.14
8
3.72
8
12/31/2024
16.56
.61
(1.17
)
(.56
)
(.44
)
(.44
)
15.56
(3.41
)
6
1.14
1.14
3.78
12/31/2023
16.05
.45
.44
.89
(.01
)
(.37
)
(.38
)
16.56
5.67
8
1.15
1.15
2.82
12/31/2022
19.84
.28
(3.78
)
(3.50
)
(.14
)
(.15
)
(.29
)
16.05
(17.68
)
9
1.12
1.12
1.65
12/31/2021
21.47
.27
(1.42
)
(1.15
)
(.36
)
(.12
)
(.48
)
19.84
(5.36
)
12
1.10
1.10
1.32
12/31/2020
20.18
.30
1.65
1.95
(.37
)
(.29
)
(.66
)
21.47
9.76
14
1.10
1.10
1.45
Class 529-T:
06/30/20255,6
15.59
.32
.97
1.29
(.31
)
(.31
)
16.57
8.33
7,9
10
.77
8,9
.77
8,9
4.06
8,9
12/31/2024
16.60
.66
(1.17
)
(.51
)
(.50
)
(.50
)
15.59
(3.10
)9
10
.78
9
.78
9
4.06
9
12/31/2023
16.10
.51
.44
.95
(.02
)
(.43
)
(.45
)
16.60
5.98
9
10
.78
9
.78
9
3.15
9
12/31/2022
19.90
.35
(3.79
)
(3.44
)
(.17
)
(.19
)
(.36
)
16.10
(17.34
)9
10
.74
9
.74
9
2.02
9
12/31/2021
21.54
.34
(1.42
)
(1.08
)
(.44
)
(.12
)
(.56
)
19.90
(5.02
)9
10
.72
9
.72
9
1.67
9
12/31/2020
20.26
.37
1.64
2.01
(.44
)
(.29
)
(.73
)
21.54
10.07
9
10
.73
9
.73
9
1.80
9
Class 529-F-1:
06/30/20255,6
15.52
.32
.95
1.27
(.30
)
(.30
)
16.49
8.26
7,9
10
.84
8,9
.84
8,9
4.00
8,9
12/31/2024
16.53
.65
(1.16
)
(.51
)
(.50
)
(.50
)
15.52
(3.16
)9
10
.84
9
.83
9
4.03
9
12/31/2023
16.03
.50
.45
.95
(.02
)
(.43
)
(.45
)
16.53
5.99
9
10
.83
9
.80
9
3.12
9
12/31/2022
19.82
.34
(3.77
)
(3.43
)
(.17
)
(.19
)
(.36
)
16.03
(17.39
)9
10
.77
9
.77
9
1.97
9
12/31/2021
21.46
.34
(1.42
)
(1.08
)
(.44
)
(.12
)
(.56
)
19.82
(5.06
)9
10
.75
9
.75
9
1.64
9
12/31/2020
20.19
.38
1.63
2.01
(.45
)
(.29
)
(.74
)
21.46
10.08
9
10
.73
9
.73
9
1.86
9
Class 529-F-2:
06/30/20255,6
15.62
.34
.96
1.30
(.32
)
(.32
)
16.60
8.38
7
34
.64
8
.64
8
4.22
8
12/31/2024
16.62
.69
(1.16
)
(.47
)
(.53
)
(.53
)
15.62
(2.91
)
32
.64
.64
4.28
12/31/2023
16.11
.54
.45
.99
(.02
)
(.46
)
(.48
)
16.62
6.23
32
.61
.61
3.37
12/31/2022
19.91
.37
(3.79
)
(3.42
)
(.18
)
(.20
)
(.38
)
16.11
(17.28
)
33
.62
.62
2.16
12/31/2021
21.55
.37
(1.43
)
(1.06
)
(.46
)
(.12
)
(.58
)
19.91
(4.89
)
43
.64
.64
1.78
12/31/20205,11
21.00
.06
.87
.93
(.11
)
(.27
)
(.38
)
21.55
4.47
7
43
.11
7
.11
7
.28
7
Class 529-F-3:
06/30/20255,6
15.58
.34
.97
1.31
(.33
)
(.33
)
16.56
8.46
7
10
.52
8
.52
8
4.33
8
12/31/2024
16.60
.70
(1.17
)
(.47
)
(.55
)
(.55
)
15.58
(2.91
)
10
.53
.53
4.33
12/31/2023
16.10
.55
.44
.99
(.02
)
(.47
)
(.49
)
16.60
6.25
10
.53
.53
3.39
12/31/2022
19.90
.38
(3.78
)
(3.40
)
(.19
)
(.21
)
(.40
)
16.10
(17.17
)
10
.53
.53
2.22
12/31/2021
21.54
.38
(1.42
)
(1.04
)
(.48
)
(.12
)
(.60
)
19.90
(4.85
)
10
.57
.55
1.84
12/31/20205,11
21.00
.06
.87
.93
(.12
)
(.27
)
(.39
)
21.54
4.46
7
10
.13
7
.09
7
.30
7
Class R-1:
06/30/20255,6
15.44
.26
.95
1.21
(.24
)
(.24
)
16.41
7.90
7
6
1.58
8
1.58
8
3.29
8
12/31/2024
16.44
.54
(1.16
)
(.62
)
(.38
)
(.38
)
15.44
(3.83
)
6
1.57
1.57
3.35
12/31/2023
15.94
.38
.44
.82
(.01
)
(.31
)
(.32
)
16.44
5.21
6
1.57
1.57
2.41
12/31/2022
19.70
.20
(3.74
)
(3.54
)
(.10
)
(.12
)
(.22
)
15.94
(18.02
)
6
1.58
1.58
1.21
12/31/2021
21.32
.17
(1.41
)
(1.24
)
(.26
)
(.12
)
(.38
)
19.70
(5.81
)
6
1.58
1.58
.84
12/31/2020
20.05
.19
1.63
1.82
(.26
)
(.29
)
(.55
)
21.32
9.14
8
1.65
1.65
.91
Refer to the end of the table(s) for footnote(s).
 
70
Capital World Bond Fund

Financial Highlights (continued)
 
 
Income (loss) from
investment operations1
Dividends, distributions and return of capital
 
 
 
 
 
 
Year ended
Net asset
value,
beginning
of year
Net
investment
income
(loss)
Net gains
(losses) on
securities
(both
realized and
unrealized)
Total from
investment
operations
Dividends
(from net
investment
income)
Distributions
(from capital
gains)
Return of
capital
Total
dividends,
distributions
and return
of capital
Net assets
value, end
of year
Total return2,3
Net assets,
end of year
(in millions)
Ratio of
expenses to
average net
assets before
waivers/
reimburse-
ments4
Ratio of
expenses to
average net
assets after
waivers/
reimburse-
ments3,4
Ratio of
net income
(loss)
to average
net assets3
Class R-2:
06/30/20255,6
$15.42
$.26
$.95
$1.21
$(.24
)
$
$
$(.24
)
$16.39
7.93
%7
$64
1.58
%8
1.58
%8
3.28
%8
12/31/2024
16.42
.53
(1.15
)
(.62
)
(.38
)
(.38
)
15.42
(3.85
)
61
1.58
1.58
3.33
12/31/2023
15.92
.38
.44
.82
(.01
)
(.31
)
(.32
)
16.42
5.22
69
1.58
1.58
2.40
12/31/2022
19.68
.20
(3.75
)
(3.55
)
(.10
)
(.11
)
(.21
)
15.92
(18.06
)
70
1.60
1.60
1.18
12/31/2021
21.30
.17
(1.40
)
(1.23
)
(.27
)
(.12
)
(.39
)
19.68
(5.81
)
94
1.58
1.58
.84
12/31/2020
20.03
.20
1.63
1.83
(.27
)
(.29
)
(.56
)
21.30
9.20
107
1.59
1.59
.96
Class R-2E:
06/30/20255,6
15.58
.28
.97
1.25
(.27
)
(.27
)
16.56
8.06
7
6
1.29
8
1.29
8
3.58
8
12/31/2024
16.58
.58
(1.16
)
(.58
)
(.42
)
(.42
)
15.58
(3.55
)
5
1.29
1.29
3.62
12/31/2023
16.07
.43
.44
.87
(.01
)
(.35
)
(.36
)
16.58
5.52
6
1.29
1.29
2.71
12/31/2022
19.86
.25
(3.78
)
(3.53
)
(.12
)
(.14
)
(.26
)
16.07
(17.81
)
5
1.30
1.30
1.48
12/31/2021
21.49
.23
(1.41
)
(1.18
)
(.33
)
(.12
)
(.45
)
19.86
(5.52
)
7
1.29
1.29
1.13
12/31/2020
20.21
.26
1.63
1.89
(.32
)
(.29
)
(.61
)
21.49
9.47
8
1.32
1.32
1.24
Class R-3:
06/30/20255,6
15.60
.30
.96
1.26
(.28
)
(.28
)
16.58
8.13
7
83
1.13
8
1.13
8
3.73
8
12/31/2024
16.60
.61
(1.16
)
(.55
)
(.45
)
(.45
)
15.60
(3.39
)
77
1.13
1.13
3.78
12/31/2023
16.09
.46
.43
.89
(.01
)
(.37
)
(.38
)
16.60
5.67
92
1.13
1.13
2.84
12/31/2022
19.88
.28
(3.79
)
(3.51
)
(.13
)
(.15
)
(.28
)
16.09
(17.66
)
93
1.14
1.14
1.64
12/31/2021
21.51
.27
(1.42
)
(1.15
)
(.36
)
(.12
)
(.48
)
19.88
(5.38
)
128
1.13
1.13
1.29
12/31/2020
20.23
.29
1.64
1.93
(.36
)
(.29
)
(.65
)
21.51
9.64
146
1.15
1.15
1.41
Class R-4:
06/30/20255,6
15.61
.32
.96
1.28
(.30
)
(.30
)
16.59
8.28
7
56
.83
8
.83
8
4.03
8
12/31/2024
16.62
.66
(1.17
)
(.51
)
(.50
)
(.50
)
15.61
(3.15
)
55
.83
.83
4.08
12/31/2023
16.10
.50
.46
.96
(.02
)
(.42
)
(.44
)
16.62
6.05
62
.83
.83
3.13
12/31/2022
19.90
.33
(3.79
)
(3.46
)
(.16
)
(.18
)
(.34
)
16.10
(17.43
)
68
.84
.84
1.94
12/31/2021
21.53
.33
(1.42
)
(1.09
)
(.42
)
(.12
)
(.54
)
19.90
(5.08
)
92
.83
.83
1.59
12/31/2020
20.25
.35
1.64
1.99
(.42
)
(.29
)
(.71
)
21.53
9.97
96
.84
.84
1.71
Class R-5E:
06/30/20255,6
15.59
.34
.96
1.30
(.32
)
(.32
)
16.57
8.39
7
28
.63
8
.63
8
4.23
8
12/31/2024
16.60
.69
(1.17
)
(.48
)
(.53
)
(.53
)
15.59
(2.96
)
27
.64
.64
4.29
12/31/2023
16.09
.54
.44
.98
(.02
)
(.45
)
(.47
)
16.60
6.21
27
.64
.64
3.36
12/31/2022
19.88
.37
(3.78
)
(3.41
)
(.18
)
(.20
)
(.38
)
16.09
(17.23
)
23
.64
.64
2.15
12/31/2021
21.51
.37
(1.42
)
(1.05
)
(.46
)
(.12
)
(.58
)
19.88
(4.90
)
25
.63
.63
1.79
12/31/2020
20.23
.39
1.64
2.03
(.46
)
(.29
)
(.75
)
21.51
10.21
25
.63
.63
1.89
Class R-5:
06/30/20255,6
15.63
.34
.98
1.32
(.33
)
(.33
)
16.62
8.49
7
24
.54
8
.54
8
4.32
8
12/31/2024
16.64
.71
(1.18
)
(.47
)
(.54
)
(.54
)
15.63
(2.86
)
24
.54
.54
4.37
12/31/2023
16.12
.55
.45
1.00
(.02
)
(.46
)
(.48
)
16.64
6.35
27
.54
.54
3.41
12/31/2022
19.93
.38
(3.80
)
(3.42
)
(.18
)
(.21
)
(.39
)
16.12
(17.21
)
31
.54
.54
2.23
12/31/2021
21.56
.39
(1.42
)
(1.03
)
(.48
)
(.12
)
(.60
)
19.93
(4.79
)
55
.53
.53
1.89
12/31/2020
20.27
.42
1.64
2.06
(.48
)
(.29
)
(.77
)
21.56
10.33
56
.54
.54
2.01
Class R-6:
06/30/20255,6
15.62
.35
.96
1.31
(.33
)
(.33
)
16.60
8.46
7
4,636
.48
8
.48
8
4.38
8
12/31/2024
16.63
.72
(1.18
)
(.46
)
(.55
)
(.55
)
15.62
(2.80
)
4,324
.49
.49
4.46
12/31/2023
16.11
.56
.45
1.01
(.02
)
(.47
)
(.49
)
16.63
6.42
3,128
.48
.48
3.51
12/31/2022
19.92
.39
(3.80
)
(3.41
)
(.19
)
(.21
)
(.40
)
16.11
(17.17
)
2,768
.48
.48
2.26
12/31/2021
21.55
.40
(1.42
)
(1.02
)
(.49
)
(.12
)
(.61
)
19.92
(4.74
)
6,757
.48
.48
1.95
12/31/2020
20.26
.43
1.64
2.07
(.49
)
(.29
)
(.78
)
21.55
10.40
5,316
.48
.48
2.07
Refer to the end of the table(s) for footnote(s).
 
Capital World Bond Fund
71

Financial Highlights (continued)
 
Portfolio turnover rate for all share classes12,13
Six months
ended
June 30,
20255,6,7
Year ended December 31,
2024
2023
2022
2021
2020
Excluding mortgage dollar roll transactions
42
%
60
%
66
%
73
%
65
%
100
%
Including mortgage dollar roll transactions
65
%
251
%
242
%
150
%
89
%
143
%
 
1
Based on average shares outstanding.
2
Total returns exclude any applicable sales charges, including contingent deferred sales charges.
3
This column reflects the impact of certain waivers and/or reimbursements from CRMC and/or AFS, if any.
4
Ratios do not include expenses of any Central Funds. The fund indirectly bears its proportionate share of the expenses of any Central Funds.
5
Based on operations for a period that is less than a full year.
6
Unaudited.
7
Not annualized.
8
Annualized.
9
All or a significant portion of assets in this class consisted of seed capital invested by CRMC and/or its affiliates. Fees for distribution services are not charged or
accrued on these seed capital assets. If such fees were paid by the fund on seed capital assets, fund expenses would have been higher and net income and total
return would have been lower.
10
Amount less than $1 million.
11
Class 529-F-2 and 529-F-3 shares began investment operations on October 30, 2020.
12
Rates do not include the fund’s portfolio activity with respect to any Central Funds.
13
Refer to Note 5 for more information on mortgage dollar rolls.
Refer to the notes to financial statements.
 
72
Capital World Bond Fund

Changes in and disagreements with accountants
None
Matters submitted for shareholder vote
None
Remuneration paid to directors, officers and others
Refer to the trustees’ deferred compensation disclosure in the notes to financial statements.
 
Capital World Bond Fund
73

Approval of Investment Advisory and Service Agreement
The fund’s board has approved the continuation of the fund’s Investment Advisory and Service Agreement (the “agreement”) with Capital Research and Management Company (“CRMC”) for an additional one-year term through April 30, 2026. The board approved the agreement following the recommendation of the fund’s Contracts Committee (the “committee”), which is composed of all the fund’s independent board members. The board and the committee determined in the exercise of their business judgment that the fund’s advisory fee structure was fair and reasonable in relation to the services provided, and that approving the agreement was in the best interests of the fund and its shareholders.
In reaching this decision, the board and the committee took into account their interactions with CRMC and information furnished to them throughout the year and otherwise provided to them, as well as information prepared specifically in connection with their review of the agreement, and they were advised by their independent counsel with respect to the matters considered. They considered the following factors, among others, but did not identify any single issue or particular piece of information that, in isolation, was the controlling factor, and each board and committee member did not necessarily attribute the same weight to each factor.
1. Nature, extent and quality of services
The board and the committee considered the depth and quality of CRMC’s investment management process, including its global research capabilities; the experience, capability and integrity of its senior management and other personnel; the low turnover rates of its key personnel; the overall financial strength and stability of CRMC and the Capital Group organization; the resources and systems CRMC devotes to investment management (the manner in which the fund’s assets are managed, including liquidity management), financial, investment operations, compliance, trading, proxy voting, shareholder communications, and other services; and the ongoing evolution of CRMC’s organizational structure designed to maintain and strengthen these qualities. The board and the committee also considered the nature, extent and quality of administrative and shareholder services provided by CRMC to the fund under the agreement and other agreements, as well as the benefits to fund shareholders from investing in a fund that is part of a large family of funds. The board and the committee considered the risks assumed by CRMC in providing services to the fund, including operational, business, financial, reputational, regulatory and litigation risks. The board and the committee concluded that the nature, extent and quality of the services provided by CRMC have benefited and should continue to benefit the fund and its shareholders.
2. Investment results
The board and the committee considered the investment results of the fund in light of its objective. They compared the fund’s investment results with those of other funds (including funds that currently form the basis of the Lipper index for the category in which the fund is included) and data such as publicly disclosed benchmarks, including applicable market and fund indexes over various periods (including the fund’s lifetime) through September 30, 2024. They generally placed greater emphasis on investment results over longer term periods and relative to benchmarks consistent with the fund’s objective. On the basis of this evaluation and the board’s and the committee’s ongoing review of investment results, and considering the relative market conditions during certain reporting periods, the board and the committee concluded that the fund’s investment results have been satisfactory for renewal of the agreement, and that CRMC’s record in managing the fund indicated that its continued management should benefit the fund and its shareholders.
3. Advisory fees and total expenses
The board and the committee compared the advisory fees and total expense levels of the fund to those of other relevant funds. They observed that the fund’s advisory fees and expenses were generally competitive with, and in many cases compared favorably to, those of other similar funds included in the comparable Lipper category. The board and the committee also considered the breakpoint discounts in the fund’s advisory fee structure that reduce the level of fees charged by CRMC to the fund as fund assets increase. In addition, they reviewed information regarding the effective advisory fees charged to non-mutual fund clients by CRMC and its affiliates. They noted that, to the extent there were differences between the advisory fees paid by the fund and the advisory fees paid by those clients, the differences appropriately reflected the investment, operational, regulatory and market differences between advising the fund and the other clients. The board and the committee concluded that the fund’s cost structure was fair and reasonable in relation to the services provided, as well as in relation to the risks assumed by the adviser in sponsoring and managing the fund, and that the fund’s shareholders receive reasonable value in return for the advisory fees and other amounts paid to CRMC by the fund.
 
74
Capital World Bond Fund

 
4. Ancillary benefits
The board and the committee considered a variety of other benefits that CRMC and its affiliates receive as a result of CRMC’s relationship with the fund and other American Funds, including fees for administrative services provided to certain share classes; fees paid to CRMC’s affiliated transfer agent; sales charges and distribution fees received and retained by the fund’s principal underwriter, an affiliate of CRMC; and possible ancillary benefits to CRMC and its institutional management affiliates in managing other investment vehicles. The board and the committee reviewed CRMC’s portfolio trading practices, noting that CRMC bears the cost of third-party research. The board and committee also noted that CRMC benefited from the use of commissions from portfolio transactions made on behalf of the fund to facilitate payments to certain broker-dealers for research to comply with regulatory requirements applicable to these firms, with all such amounts reimbursed by CRMC. The board and the committee took these ancillary benefits into account in evaluating the reasonableness of the advisory fees and other amounts paid to CRMC by the fund.
5. Adviser financial information
The board and the committee reviewed information regarding CRMC’s costs of providing services to the American Funds, including personnel, systems and resources of investment, compliance, trading, accounting and other administrative operations. They considered CRMC’s costs and related cost allocation methodology, as well as its track record of investing in technology, infrastructure and staff to maintain and expand services and capabilities, respond to industry and regulatory developments, and attract and retain qualified personnel. They noted information regarding the compensation structure for CRMC’s investment professionals. They reviewed information on the profitability of the investment adviser and its affiliates. The board and the committee also compared CRMC’s profitability and compensation data to the reported results and data of a number of large, publicly held investment management companies. The board and the committee noted the competitiveness and cyclicality of both the mutual fund industry and the capital markets, and the importance in that environment of CRMC’s long-term profitability for maintaining its independence, company culture and management continuity. They further considered the breakpoint discounts in the fund’s advisory fee structure and CRMC’s sharing of potential economies of scale, or efficiencies, through breakpoints and other fee reductions and costs voluntarily absorbed. The board and the committee concluded that the fund’s advisory fee structure reflected a reasonable sharing of benefits between CRMC and the fund’s shareholders.
 
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ITEM 8 - Changes in and Disagreements with Accountants for Open-End Management Investment Companies

None


ITEM 9 - Proxy Disclosures for Open-End Management Investment Companies

None


ITEM 10 - Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies

The information is included as part of the material filed under Item 7 of this Form within the trustees' deferred compensation disclosure in the notes to financial statements.


ITEM 11 - Statement Regarding Basis for Approval of Investment Advisory Contract

The information is included as part of the material filed under Item 7 of this Form under Approval of Investment Advisory and Service Agreement.


ITEM 12 - 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 13 - 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 14 - 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 15 - 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. The committee also coordinates annual self-assessments of the board and evaluates, selects and nominates independent trustee candidates to the full board of trustees. While the committee normally is able to identify from its own and other 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 16 - 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) as of a date within 90 days of the filing date of this report, 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 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 17 - Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.


ITEM 18 - Recovery of Erroneously Awarded Compensation

None


ITEM 19 - 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.

Capital World Bond Fund

By   /s/ Kristine M. Nishiyama

Kristine M. Nishiyama,

Principal Executive Officer

Date: September 05, 2025

 

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/ Kristine M. Nishiyama

Kristine M. Nishiyama,

Principal Executive Officer

Date: September 05, 2025

 

By   /s/ Becky L. Park

Becky L. Park, Treasurer and

Principal Financial Officer

Date: September 05, 2025

 

 



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