American Funds® Strategic Bond Fund
Investment portfolio
unaudited
|
Bonds, notes & other debt instruments 90.58%
Corporate bonds and notes 35.41%
Financials 9.18%
|
|
Principal amount
(000)
|
Value
(000)
|
|
AerCap Ireland Capital DAC 4.75% 1/15/2033
|
USD3,746
|
$3,642
|
|
|
Alliant Holdings Intermediate, LLC 4.25% 10/15/2027 (a)
|
8,668
|
8,502
|
|
|
Alliant Holdings Intermediate, LLC 6.75% 10/15/2027 (a)
|
3,000
|
3,000
|
|
|
Ally Financial, Inc. 5.548% 7/31/2033 (USD-SOFR + 1.78% on 7/31/2032) (b)
|
5,108
|
5,020
|
|
|
Alpha Bank SA 7.50% 6/16/2027 (1-year EUR Mid-Swap + 5.084% on 6/16/2026) (b)
|
EUR100
|
117
|
|
|
Alpha Bank SA 6.875% 6/27/2029 (1-year EUR-ICE Swap EURIBOR + 3.793% on 6/27/2028)
(b)
|
6,640
|
8,219
|
|
|
Alpha Bank SA 5.00% 5/12/2030 (1-year EUR-ICE Swap EURIBOR + 2.432% on 5/12/2029)
(b)
|
2,615
|
3,129
|
|
|
American Express Co. 4.456% 2/10/2032 (USD-SOFR + 0.867% on 2/10/2031) (b)
|
USD3,327
|
3,293
|
|
|
American Express Co. 4.804% 10/24/2036 (USD-SOFR + 1.237% on 10/24/2035) (b)
|
7,396
|
7,154
|
|
|
American International Group, Inc. 5.45% 5/7/2035
|
194
|
198
|
|
|
Apollo Debt Solutions BDC 5.70% 1/23/2031 (a)
|
16,376
|
15,986
|
|
|
Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 (a)
|
4,885
|
4,791
|
|
|
Ares Capital Corp. 5.25% 4/12/2031
|
20,861
|
20,178
|
|
|
Ares Strategic Income Fund 5.55% 4/15/2031 (a)
|
29,723
|
28,488
|
|
|
Aretec Group, Inc. 10.00% 8/15/2030 (a)
|
2,064
|
2,195
|
|
|
Arthur J. Gallagher & Co. 5.15% 2/15/2035
|
4,369
|
4,336
|
|
|
Arthur J. Gallagher & Co. 5.55% 2/15/2055
|
1,154
|
1,078
|
|
|
Athene Holding, Ltd. 6.625% 5/19/2055
|
20,000
|
19,288
|
|
|
Bank of America Corp. 3.824% 1/20/2028 (3-month USD CME Term SOFR + 1.837% on 1/20/2027)
(b)
|
3,203
|
3,187
|
|
|
Bank of America Corp. 4.948% 7/22/2028 (USD-SOFR + 2.04% on 7/22/2027) (b)
|
16,146
|
16,254
|
|
|
Bank of America Corp. 1.898% 7/23/2031 (USD-SOFR + 1.53% on 7/23/2030) (b)
|
4,435
|
3,951
|
|
|
Bank of America Corp. 1.922% 10/24/2031 (USD-SOFR + 1.37% on 10/24/2030) (b)
|
11,774
|
10,438
|
|
|
Bank of America Corp. 4.456% 2/6/2032 (USD-SOFR + 0.87% on 2/6/2031) (b)
|
7,675
|
7,581
|
|
|
Bank of America Corp. 2.687% 4/22/2032 (USD-SOFR + 1.32% on 4/22/2031) (b)
|
350
|
317
|
|
|
Bank of America Corp. 2.299% 7/21/2032 (USD-SOFR + 1.22% on 7/21/2031) (b)
|
20,932
|
18,484
|
|
|
Bank of America Corp. 2.572% 10/20/2032 (USD-SOFR + 1.21% on 10/20/2031) (b)
|
2,170
|
1,931
|
|
|
Bank of America Corp. 2.972% 2/4/2033 (USD-SOFR + 1.33% on 2/4/2032) (b)
|
433
|
392
|
|
|
Bank of America Corp. 5.872% 9/15/2034 (USD-SOFR + 1.84% on 9/15/2033) (b)
|
130
|
136
|
|
|
Bank of America Corp. 5.045% 2/6/2037 (USD-SOFR + 1.13% on 2/6/2036) (b)
|
28,740
|
28,369
|
|
|
Bank of Nova Scotia (The) 4.813% 2/2/2034 (USD-SOFFR + 1.045% on 2/2/2033) (b)
|
5,250
|
5,178
|
|
|
Banque Federative du Credit Mutuel 5.106% 1/15/2036 (a)
|
10,470
|
10,249
|
|
|
BlackRock Funding, Inc. 5.00% 3/14/2034
|
514
|
522
|
|
|
BlackRock Funding, Inc. 5.25% 3/14/2054
|
11,678
|
10,871
|
|
|
Blackstone Private Credit Fund 5.35% 3/12/2031
|
4,802
|
4,564
|
|
|
Blackstone Reg Finance Co., LLC 4.95% 2/15/2036
|
1,825
|
1,762
|
|
|
Block, Inc. 5.625% 8/15/2030 (a)
|
3,405
|
3,388
|
|
|
Block, Inc. 6.50% 5/15/2032
|
14,650
|
14,793
|
|
|
Block, Inc. 6.00% 8/15/2033 (a)
|
4,360
|
4,292
|
|
|
BNP Paribas SA 2.871% 4/19/2032 (USD-SOFR + 1.387% on 4/19/2031) (a)(b)
|
19,507
|
17,695
|
|
|
BNP Paribas SA 4.916% 1/15/2034 (USD-SOFR + 1.294% on 1/15/2033) (a)(b)
|
1,285
|
1,257
|
|
|
BPCE SA 4.76% 1/13/2032 (USD-SOFR + 1.267% on 1/13/2031) (a)(b)
|
1,717
|
1,694
|
|
|
BPCE SA 5.936% 5/30/2035 (USD-SOFR + 1.85% on 5/30/2034) (a)(b)
|
5,442
|
5,569
|
|
|
BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) (a)(b)
|
12,048
|
12,617
|
|
|
BPCE SA 5.417% 1/13/2037 (USD-SOFR + 1.568% on 1/13/2036) (a)(b)
|
15,217
|
14,842
|
|
|
Bread Financial Holdings, Inc. 6.75% 5/15/2031 (a)
|
3,765
|
3,740
|
|
American Funds Strategic Bond Fund — Page 1 of 62