American Funds College Target Date Series®
American Funds College 2042 Fund
Investment portfolio
January 31, 2026
unaudited
Fund investments
Growth funds 48%
Shares
Value
(000)
SMALLCAP World Fund, Inc., Class R-6
847,817
$66,995
The Growth Fund of America, Class R-6
687,252
55,722
New Perspective Fund, Class R-6
732,694
53,106
AMCAP Fund, Class R-6 (a)
790,715
37,606
American Funds U.S. Small and Mid Cap Equity Fund, Class R-6
2,866,855
33,513
EUPAC Fund, Class R-6
515,907
32,977
The New Economy Fund, Class R-6 (a)
378,210
28,884
American Funds Global Insight Fund, Class R-6
479,154
13,963
 
322,766
Growth-and-income funds 39%
 
 
Fundamental Investors, Class R-6
780,304
74,503
Capital World Growth and Income Fund, Class R-6
883,717
66,385
The Investment Company of America, Class R-6
990,297
63,082
Washington Mutual Investors Fund, Class R-6
545,672
36,238
International Growth and Income Fund, Class R-6
465,874
22,171
 
262,379
Balanced funds 7%
 
 
American Funds Global Balanced Fund, Class R-6
564,105
23,309
American Balanced Fund, Class R-6
604,669
23,280
 
46,589
Fixed income funds 6%
 
 
American High-Income Trust, Class R-6
2,375,033
23,560
U.S. Government Securities Fund, Class R-6
1,293,822
15,668
 
39,228
Total investment securities 100% (cost: $627,180,000)
670,962
Other assets less liabilities 0%
(175
)
Net assets 100%
$670,787
American Funds College Target Date Series — Page 1 of 12
unaudited
Investments in affiliates (b)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
1/31/2026
(000)
Dividend
income
(000)
Capital gain
distributions
received
(000)
Growth funds 48%
SMALLCAP World Fund, Inc., Class R-6
$50,740
$15,872
$—
$—
$383
$66,995
$565
$2,164
The Growth Fund of America, Class R-6
42,568
17,828
—
—
(4,674
)
55,722
261
4,440
New Perspective Fund, Class R-6
41,452
13,075
—
—
(1,421
)
53,106
596
2,357
AMCAP Fund, Class R-6 (a)
29,321
9,539
—
—
(1,254
)
37,606
—
1,378
American Funds U.S. Small and Mid Cap Equity Fund,
Class R-6
25,369
6,645
—
—
1,499
33,513
127
—
EUPAC Fund, Class R-6
26,225
7,448
—
—
(696
)
32,977
854
2,055
The New Economy Fund, Class R-6 (a)
22,338
7,234
—
—
(688
)
28,884
—
2,236
American Funds Global Insight Fund, Class R-6
9,273
4,313
—
—
377
13,963
132
—
 
322,766
Growth-and-income funds 39%
Fundamental Investors, Class R-6
59,425
14,866
—
—
212
74,503
162
3,532
Capital World Growth and Income Fund, Class R-6
51,559
15,513
—
—
(687
)
66,385
370
4,624
The Investment Company of America, Class R-6
46,787
19,406
—
—
(3,111
)
63,082
159
4,229
Washington Mutual Investors Fund, Class R-6
26,485
10,048
—
—
(295
)
36,238
141
1,314
International Growth and Income Fund, Class R-6
17,197
3,937
—
—
1,037
22,171
147
1,008
 
262,379
Balanced funds 7%
American Funds Global Balanced Fund, Class R-6
15,509
7,891
—
—
(91
)
23,309
146
723
American Balanced Fund, Class R-6
15,508
8,058
—
—
(286
)
23,280
225
996
 
46,589
Fixed income funds 6%
American High-Income Trust, Class R-6
15,618
7,905
—
—
37
23,560
318
—
U.S. Government Securities Fund, Class R-6
12,180
3,536
—
—
(48
)
15,668
143
—
 
39,228
Total 100%
$—
$(9,706
)
$670,962
$4,346
$31,056
 
(a)
Non-income producing.
(b)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
American Funds College Target Date Series — Page 2 of 12
 
American Funds College 2039 Fund
Investment portfolio
January 31, 2026
unaudited
Fund investments
Growth funds 35%
Shares
Value
(000)
The Growth Fund of America, Class R-6
1,776,349
$144,026
SMALLCAP World Fund, Inc., Class R-6
1,692,645
133,753
New Perspective Fund, Class R-6
1,530,132
110,904
AMCAP Fund, Class R-6 (a)
1,758,860
83,651
American Funds Global Insight Fund, Class R-6
2,453,590
71,498
The New Economy Fund, Class R-6 (a)
868,515
66,328
American Funds U.S. Small and Mid Cap Equity Fund, Class R-6
5,201,851
60,810
EUPAC Fund, Class R-6
443,373
28,340
 
699,310
Growth-and-income funds 36%
 
 
The Investment Company of America, Class R-6
2,933,266
186,849
Capital World Growth and Income Fund, Class R-6
2,420,881
181,857
Fundamental Investors, Class R-6
1,745,366
166,647
Washington Mutual Investors Fund, Class R-6
2,014,678
133,795
International Growth and Income Fund, Class R-6
1,291,236
61,450
 
730,598
Balanced funds 10%
 
 
American Balanced Fund, Class R-6
2,962,352
114,051
American Funds Global Balanced Fund, Class R-6
2,101,092
86,817
 
200,868
Fixed income funds 19%
 
 
The Bond Fund of America, Class R-6
12,296,024
140,667
American High-Income Trust, Class R-6
13,039,154
129,348
American Funds Multi-Sector Income Fund, Class R-6
10,383,886
98,439
U.S. Government Securities Fund, Class R-6
1,095,764
13,270
 
381,724
Total investment securities 100% (cost: $1,730,825,000)
2,012,500
Other assets less liabilities 0%
(665
)
Net assets 100%
$2,011,835
American Funds College Target Date Series — Page 1 of 12
unaudited
Investments in affiliates (b)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
1/31/2026
(000)
Dividend
income
(000)
Capital gain
distributions
received
(000)
Growth funds 35%
The Growth Fund of America, Class R-6
$136,591
$21,177
$34
$15
$(13,723
)
$144,026
$757
$12,892
SMALLCAP World Fund, Inc., Class R-6
129,389
8,028
4,376
1,274
(562
)
133,753
1,270
4,860
New Perspective Fund, Class R-6
103,985
10,434
—
—
(3,515
)
110,904
1,388
5,488
AMCAP Fund, Class R-6 (a)
80,057
6,792
—
—
(3,198
)
83,651
—
3,521
American Funds Global Insight Fund, Class R-6
55,859
13,458
—
—
2,181
71,498
790
—
The New Economy Fund, Class R-6 (a)
66,037
6,684
4,363
1,953
(3,983
)
66,328
—
5,689
American Funds U.S. Small and Mid Cap Equity Fund,
Class R-6
58,803
1,417
2,542
173
2,959
60,810
264
—
EUPAC Fund, Class R-6
45,244
2,847
18,661
3,937
(5,027
)
28,340
793
1,908
 
699,310
Growth-and-income funds 36%
The Investment Company of America, Class R-6
170,654
26,766
—
—
(10,571
)
186,849
529
14,065
Capital World Growth and Income Fund, Class R-6
164,062
20,449
—
—
(2,654
)
181,857
1,106
13,825
Fundamental Investors, Class R-6
152,587
13,902
—
—
158
166,647
394
8,604
Washington Mutual Investors Fund, Class R-6
118,944
16,023
—
—
(1,172
)
133,795
586
5,440
International Growth and Income Fund, Class R-6
53,379
5,189
—
—
2,882
61,450
437
3,001
 
730,598
Balanced funds 10%
American Balanced Fund, Class R-6
100,005
15,806
—
—
(1,760
)
114,051
1,269
5,622
American Funds Global Balanced Fund, Class R-6
77,718
9,634
—
—
(535
)
86,817
622
3,079
 
200,868
Fixed income funds 19%
The Bond Fund of America, Class R-6
108,318
32,780
—
—
(431
)
140,667
1,380
—
American High-Income Trust, Class R-6
110,638
18,467
—
—
243
129,348
1,974
—
American Funds Multi-Sector Income Fund, Class R-6
74,970
23,638
—
—
(169
)
98,439
1,393
—
U.S. Government Securities Fund, Class R-6
19,535
145
6,372
151
(189
)
13,270
145
—
 
381,724
Total 100%
$7,503
$(39,066
)
$2,012,500
$15,097
$87,994
 
(a)
Non-income producing.
(b)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
American Funds College Target Date Series — Page 2 of 12
American Funds College 2036 Fund
Investment portfolio
January 31, 2026
unaudited
 
Fund investments
Growth funds 14%
Shares
Value
(000)
New Perspective Fund, Class R-6
1,527,989
$110,749
American Funds Global Insight Fund, Class R-6
3,340,048
97,329
AMCAP Fund, Class R-6 (a)
1,987,044
94,504
The Growth Fund of America, Class R-6
1,092,192
88,555
SMALLCAP World Fund, Inc., Class R-6
834,571
65,948
The New Economy Fund, Class R-6 (a)
516,452
39,441
American Funds U.S. Small and Mid Cap Equity Fund, Class R-6
2,232,190
26,094
 
522,620
Growth-and-income funds 37%
 
 
Capital World Growth and Income Fund, Class R-6
4,141,706
311,125
The Investment Company of America, Class R-6
4,269,460
271,965
Washington Mutual Investors Fund, Class R-6
4,091,591
271,722
American Mutual Fund, Class R-6
3,494,238
212,380
Fundamental Investors, Class R-6
2,076,350
198,250
International Growth and Income Fund, Class R-6
1,885,436
89,728
 
1,355,170
Equity-income funds 5%
 
 
Capital Income Builder, Class R-6
1,192,338
94,624
The Income Fund of America, Class R-6
2,602,871
70,486
 
165,110
Balanced funds 10%
 
 
American Balanced Fund, Class R-6
6,179,652
237,917
American Funds Global Balanced Fund, Class R-6
2,880,141
119,007
 
356,924
Fixed income funds 34%
 
 
The Bond Fund of America, Class R-6
42,671,567
488,161
American Funds Multi-Sector Income Fund, Class R-6
26,541,221
251,611
American High-Income Trust, Class R-6
25,343,846
251,411
American Funds Mortgage Fund, Class R-6
13,771,320
122,978
American Funds Strategic Bond Fund, Class R-6
13,096,687
122,978
 
1,237,139
Total investment securities 100% (cost: $3,257,997,000)
3,636,963
Other assets less liabilities 0%
(1,013
)
Net assets 100%
$3,635,950
American Funds College Target Date Series — Page 3 of 12
unaudited
Investments in affiliates (b)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
1/31/2026
(000)
Dividend
income
(000)
Capital gain
distributions
received
(000)
Growth funds 14%
New Perspective Fund, Class R-6
$115,761
$8,657
$9,894
$2,544
$(6,319
)
$110,749
$1,401
$5,538
American Funds Global Insight Fund, Class R-6
98,726
1,564
5,756
1,663
1,132
97,329
1,107
—
AMCAP Fund, Class R-6 (a)
100,380
4,701
6,704
1,675
(5,548
)
94,504
—
4,087
The Growth Fund of America, Class R-6
114,029
9,944
25,968
7,842
(17,292
)
88,555
482
8,208
SMALLCAP World Fund, Inc., Class R-6
77,713
3,668
15,590
2,068
(1,911
)
65,948
626
2,396
The New Economy Fund, Class R-6 (a)
51,962
3,863
14,927
2,556
(4,013
)
39,441
—
3,383
American Funds U.S. Small and Mid Cap Equity Fund,
Class R-6
30,529
229
5,966
406
896
26,094
113
—
 
522,620
Growth-and-income funds 37%
Capital World Growth and Income Fund, Class R-6
289,982
29,312
3,324
1,185
(6,030
)
311,125
1,914
23,928
The Investment Company of America, Class R-6
268,091
23,845
3,754
1,499
(17,716
)
271,965
801
21,300
Washington Mutual Investors Fund, Class R-6
248,828
25,440
—
—
(2,546
)
271,722
1,244
11,559
American Mutual Fund, Class R-6
161,390
54,667
—
—
(3,677
)
212,380
1,178
11,066
Fundamental Investors, Class R-6
202,171
12,213
16,068
5,739
(5,805
)
198,250
473
10,313
International Growth and Income Fund, Class R-6
82,998
5,048
2,501
636
3,547
89,728
642
4,406
 
1,355,170
Equity-income funds 5%
Capital Income Builder, Class R-6
71,953
22,146
—
—
525
94,624
1,109
4,021
The Income Fund of America, Class R-6
52,077
18,823
—
—
(414
)
70,486
1,245
3,791
 
165,110
Balanced funds 10%
American Balanced Fund, Class R-6
220,888
21,028
—
—
(3,999
)
237,917
2,766
12,252
American Funds Global Balanced Fund, Class R-6
115,642
5,253
1,040
227
(1,075
)
119,007
883
4,371
 
356,924
Fixed income funds 34%
The Bond Fund of America, Class R-6
440,836
48,939
—
—
(1,614
)
488,161
5,087
—
American Funds Multi-Sector Income Fund, Class R-6
234,036
18,073
—
—
(498
)
251,611
3,851
—
American High-Income Trust, Class R-6
234,197
16,718
—
—
496
251,411
4,001
—
American Funds Mortgage Fund, Class R-6
99,625
23,492
—
—
(139
)
122,978
1,272
—
American Funds Strategic Bond Fund, Class R-6
99,625
23,469
—
—
(116
)
122,978
1,191
—
 
1,237,139
Total 100%
$28,040
$(72,116
)
$3,636,963
$31,386
$130,619
 
(a)
Non-income producing.
(b)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
American Funds College Target Date Series — Page 4 of 12
American Funds College 2033 Fund®
Investment portfolio
January 31, 2026
unaudited
 
Fund investments
Growth funds 3%
Shares
Value
(000)
American Funds Global Insight Fund, Class R-6
1,253,671
$36,532
New Perspective Fund, Class R-6
499,890
36,232
AMCAP Fund, Class R-6 (a)
742,009
35,290
 
108,054
Growth-and-income funds 29%
 
 
American Mutual Fund, Class R-6
6,802,936
413,482
Washington Mutual Investors Fund, Class R-6
4,802,841
318,957
Capital World Growth and Income Fund, Class R-6
3,458,770
259,823
The Investment Company of America, Class R-6
2,754,775
175,479
Fundamental Investors, Class R-6
791,414
75,564
International Growth and Income Fund, Class R-6
820,141
39,031
 
1,282,336
Equity-income funds 12%
 
 
The Income Fund of America, Class R-6
10,818,380
292,962
Capital Income Builder, Class R-6
2,851,840
226,322
 
519,284
Balanced funds 9%
 
 
American Balanced Fund, Class R-6
8,022,356
308,861
American Funds Global Balanced Fund, Class R-6
2,543,168
105,083
 
413,944
Fixed income funds 47%
 
 
The Bond Fund of America, Class R-6
54,235,180
620,451
American Funds Mortgage Fund, Class R-6
40,551,981
362,129
American Funds Strategic Bond Fund, Class R-6
38,565,409
362,129
American Funds Multi-Sector Income Fund, Class R-6
31,381,164
297,493
American High-Income Trust, Class R-6
29,977,283
297,375
Intermediate Bond Fund of America, Class R-6
11,144,985
141,876
 
2,081,453
Total investment securities 100% (cost: $4,074,280,000)
4,405,071
Other assets less liabilities 0%
(1,254
)
Net assets 100%
$4,403,817
American Funds College Target Date Series — Page 5 of 12
unaudited
Investments in affiliates (b)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
1/31/2026
(000)
Dividend
income
(000)
Capital gain
distributions
received
(000)
Growth funds 3%
American Funds Global Insight Fund, Class R-6
$35,049
$415
$—
$—
$1,068
$36,532
$415
$—
New Perspective Fund, Class R-6
35,152
2,270
—
—
(1,190
)
36,232
458
1,812
AMCAP Fund, Class R-6 (a)
35,160
1,527
—
—
(1,397
)
35,290
—
1,526
 
108,054
Growth-and-income funds 29%
American Mutual Fund, Class R-6
396,830
24,754
—
—
(8,102
)
413,482
2,383
22,372
Washington Mutual Investors Fund, Class R-6
307,014
15,052
—
—
(3,109
)
318,957
1,463
13,589
Capital World Growth and Income Fund, Class R-6
242,340
21,581
—
—
(4,098
)
259,823
1,598
19,983
The Investment Company of America, Class R-6
171,679
14,260
—
—
(10,460
)
175,479
517
13,744
Fundamental Investors, Class R-6
71,419
4,110
—
—
35
75,564
180
3,931
International Growth and Income Fund, Class R-6
35,010
2,197
—
—
1,824
39,031
279
1,917
 
1,282,336
Equity-income funds 12%
The Income Fund of America, Class R-6
267,163
27,499
—
—
(1,700
)
292,962
5,213
15,876
Capital Income Builder, Class R-6
212,645
12,375
—
—
1,302
226,322
2,676
9,700
 
519,284
Balanced funds 9%
American Balanced Fund, Class R-6
294,595
19,526
—
—
(5,260
)
308,861
3,597
15,929
American Funds Global Balanced Fund, Class R-6
101,190
4,638
—
—
(745
)
105,083
780
3,859
 
413,944
Fixed income funds 47%
The Bond Fund of America, Class R-6
597,650
24,919
—
—
(2,118
)
620,451
6,634
—
American Funds Mortgage Fund, Class R-6
332,688
29,852
—
—
(411
)
362,129
3,900
—
American Funds Strategic Bond Fund, Class R-6
333,106
29,365
—
—
(342
)
362,129
3,612
—
American Funds Multi-Sector Income Fund, Class R-6
289,131
8,981
—
—
(619
)
297,493
4,629
—
American High-Income Trust, Class R-6
289,519
7,271
—
—
585
297,375
4,814
—
Intermediate Bond Fund of America, Class R-6
124,513
17,368
—
—
(5
)
141,876
1,381
—
 
2,081,453
Total 100%
$—
$(34,742
)
$4,405,071
$44,529
$124,238
 
(a)
Non-income producing.
(b)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
American Funds College Target Date Series — Page 6 of 12
American Funds College 2030 Fund®
Investment portfolio
January 31, 2026
unaudited
 
Fund investments
Growth-and-income funds 17%
Shares
Value
(000)
American Mutual Fund, Class R-6
8,415,452
$511,491
Washington Mutual Investors Fund, Class R-6
2,797,570
185,787
Capital World Growth and Income Fund, Class R-6
1,887,704
141,804
The Investment Company of America, Class R-6
529,462
33,727
 
872,809
Equity-income funds 10%
 
 
The Income Fund of America, Class R-6
12,143,230
328,838
Capital Income Builder, Class R-6
2,170,639
172,262
 
501,100
Balanced funds 8%
 
 
American Balanced Fund, Class R-6
9,357,108
360,249
American Funds Global Balanced Fund, Class R-6
827,400
34,188
 
394,437
Fixed income funds 65%
 
 
Intermediate Bond Fund of America, Class R-6
76,843,901
978,223
American Funds Mortgage Fund, Class R-6
74,935,063
669,170
The Bond Fund of America, Class R-6
52,684,771
602,714
American Funds Strategic Bond Fund, Class R-6
53,510,799
502,466
American High-Income Trust, Class R-6
28,806,553
285,761
American Funds Multi-Sector Income Fund, Class R-6
30,073,377
285,096
 
3,323,430
Total investment securities 100% (cost: $4,950,391,000)
5,091,776
Other assets less liabilities 0%
(1,469
)
Net assets 100%
$5,090,307
American Funds College Target Date Series — Page 7 of 12
unaudited
Investments in affiliates (a)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
1/31/2026
(000)
Dividend
income
(000)
Capital gain
distributions
received
(000)
Growth-and-income funds 17%
American Mutual Fund, Class R-6
$486,178
$35,199
$—
$—
$(9,886
)
$511,491
$2,929
$27,505
Washington Mutual Investors Fund, Class R-6
205,858
9,625
28,332
6,383
(7,747
)
185,787
854
7,933
Capital World Growth and Income Fund, Class R-6
146,553
13,081
15,855
2,474
(4,449
)
141,804
864
10,804
The Investment Company of America, Class R-6
44,362
2,741
11,424
2,988
(4,940
)
33,727
99
2,642
 
872,809
Equity-income funds 10%
The Income Fund of America, Class R-6
327,154
23,769
20,555
3,583
(5,113
)
328,838
5,849
17,814
Capital Income Builder, Class R-6
183,295
9,868
22,372
3,519
(2,048
)
172,262
2,031
7,362
 
501,100
Balanced funds 8%
American Balanced Fund, Class R-6
349,138
24,958
7,961
2,213
(8,099
)
360,249
4,167
18,454
American Funds Global Balanced Fund, Class R-6
43,689
1,509
10,848
1,745
(1,907
)
34,188
254
1,256
 
394,437
Fixed income funds 65%
Intermediate Bond Fund of America, Class R-6
847,316
130,880
—
—
27
978,223
9,519
—
American Funds Mortgage Fund, Class R-6
614,516
55,664
397
31
(644
)
669,170
7,255
—
The Bond Fund of America, Class R-6
593,060
11,736
—
—
(2,082
)
602,714
6,543
—
American Funds Strategic Bond Fund, Class R-6
476,011
26,961
—
—
(506
)
502,466
5,176
—
American High-Income Trust, Class R-6
281,750
5,730
2,282
175
388
285,761
4,656
—
American Funds Multi-Sector Income Fund, Class R-6
281,593
5,596
1,492
69
(670
)
285,096
4,480
—
 
3,323,430
Total 100%
$23,180
$(47,676
)
$5,091,776
$54,676
$93,770
 
(a)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
American Funds College Target Date Series — Page 8 of 12
American Funds College 2027 Fund®
Investment portfolio
January 31, 2026
unaudited
 
Fund investments
Growth-and-income funds 10%
Shares
Value
(000)
American Mutual Fund, Class R-6
6,027,894
$366,376
Capital World Growth and Income Fund, Class R-6
324,457
24,373
Washington Mutual Investors Fund, Class R-6
361,125
23,982
 
414,731
Equity-income funds 2%
 
 
The Income Fund of America, Class R-6
2,232,136
60,446
Capital Income Builder, Class R-6
306,848
24,352
 
84,798
Balanced funds 6%
 
 
American Balanced Fund, Class R-6
5,729,338
220,579
Fixed income funds 82%
 
 
Intermediate Bond Fund of America, Class R-6
91,389,166
1,163,384
Short-Term Bond Fund of America, Class R-6
113,865,154
1,096,521
American Funds Mortgage Fund, Class R-6
50,920,396
454,719
American Funds Strategic Bond Fund, Class R-6
27,427,798
257,547
The Bond Fund of America, Class R-6
11,601,005
132,716
American High-Income Trust, Class R-6
6,114,506
60,656
American Funds Multi-Sector Income Fund, Class R-6
6,383,491
60,516
 
3,226,059
Total investment securities 100% (cost: $3,988,387,000)
3,946,167
Other assets less liabilities 0%
(1,129
)
Net assets 100%
$3,945,038
American Funds College Target Date Series — Page 9 of 12
unaudited
Investments in affiliates (a)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
1/31/2026
(000)
Dividend
income
(000)
Capital gain
distributions
received
(000)
Growth-and-income funds 10%
American Mutual Fund, Class R-6
$364,955
$27,037
$18,424
$5,394
$(12,586
)
$366,376
$2,158
$20,262
Capital World Growth and Income Fund, Class R-6
30,661
2,809
8,583
1,136
(1,650
)
24,373
172
2,149
Washington Mutual Investors Fund, Class R-6
30,214
1,495
7,478
1,199
(1,448
)
23,982
123
1,145
 
414,731
Equity-income funds 2%
The Income Fund of America, Class R-6
75,360
5,010
19,455
2,665
(3,134
)
60,446
1,222
3,722
Capital Income Builder, Class R-6
30,222
1,539
7,550
982
(841
)
24,352
324
1,174
 
84,798
Balanced funds 6%
American Balanced Fund, Class R-6
225,688
17,758
19,031
2,918
(6,754
)
220,579
2,674
11,843
Fixed income funds 82%
Intermediate Bond Fund of America, Class R-6
1,131,608
33,295
1,502
72
(89
)
1,163,384
11,909
—
Short-Term Bond Fund of America, Class R-6
952,244
147,961
4,814
105
1,025
1,096,521
10,450
—
American Funds Mortgage Fund, Class R-6
464,164
6,005
14,934
145
(661
)
454,719
5,163
—
American Funds Strategic Bond Fund, Class R-6
269,235
2,831
14,259
(68
)
(192
)
257,547
2,733
—
The Bond Fund of America, Class R-6
166,335
1,742
34,820
(5,512
)
4,971
132,716
1,609
—
American High-Income Trust, Class R-6
75,315
1,363
16,135
1,247
(1,134
)
60,656
1,100
—
American Funds Multi-Sector Income Fund,
Class R-6
75,214
1,180
15,720
748
(906
)
60,516
1,059
—
 
3,226,059
Total 100%
$11,031
$(23,399
)
$3,946,167
$40,696
$40,295
 
(a)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
American Funds College Target Date Series — Page 10 of 12
American Funds College Enrollment Fund®
Investment portfolio
January 31, 2026
unaudited
 
Fund investments
Growth-and-income funds 9%
Shares
Value
(000)
American Mutual Fund, Class R-6
4,785,016
$290,833
Balanced funds 5%
 
 
American Balanced Fund, Class R-6
4,199,658
161,687
Fixed income funds 86%
 
 
Short-Term Bond Fund of America, Class R-6
135,243,656
1,302,396
Intermediate Bond Fund of America, Class R-6
79,309,332
1,009,608
American Funds Mortgage Fund, Class R-6
36,519,560
326,120
American Funds Strategic Bond Fund, Class R-6
17,312,335
162,563
 
2,800,687
Total investment securities 100% (cost: $3,403,933,000)
3,253,207
Other assets less liabilities 0%
(1,152
)
Net assets 100%
$3,252,055
Investments in affiliates (a)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
1/31/2026
(000)
Dividend
income
(000)
Capital gain
distributions
received
(000)
Growth-and-income funds 9%
American Mutual Fund, Class R-6
$312,599
$19,028
$34,678
$6,981
$(13,097
)
$290,833
$1,816
$17,049
Balanced funds 5%
American Balanced Fund, Class R-6
175,605
11,141
22,023
3,299
(6,335
)
161,687
2,052
9,089
Fixed income funds 86%
Short-Term Bond Fund of America, Class R-6
1,405,822
13,782
118,607
607
792
1,302,396
13,782
—
Intermediate Bond Fund of America, Class R-6
1,088,043
10,972
89,454
1,113
(1,066
)
1,009,608
10,972
—
American Funds Mortgage Fund, Class R-6
351,204
3,841
28,569
(3,436
)
3,080
326,120
3,841
—
American Funds Strategic Bond Fund, Class R-6
175,565
1,792
14,614
(2,740
)
2,560
162,563
1,792
—
 
2,800,687
Total 100%
$5,824
$(14,066
)
$3,253,207
$34,255
$26,138
 
(a)
Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended.
American Funds College Target Date Series — Page 11 of 12
unaudited
Valuation disclosures
Security valuation — The net asset value per share of each fund is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. The net asset value of each share class of each fund is calculated based on the reported net asset values of the underlying funds in which each fund invests. The net asset value of each underlying fund is calculated based on the policies and procedures of the underlying fund contained in each underlying fund’s statement of additional information.
Processes and structure — The series’ board of trustees has designated the series’ 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 series’ board and audit committee also regularly review reports that describe fair value determinations and methods.
Classifications — The series’ investment adviser classifies each fund’s assets and liabilities into three levels based on the method used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. As of January 31, 2026, all of the investment securities held by each fund were classified as Level 1.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the series prospectus and summary prospectuses, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at capitalgroup.com. Fund shares offered through Capital Client Group, Inc.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Capital Client Group, Inc., member FINRA.
© 2026 Capital Group. All rights reserved.
MFGEFP1-800-0326
American Funds College Target Date Series — Page 12 of 12