497K 1 stbf497k.htm

 

Summary Prospectus Supplement

October 1, 2023

 

 

For the following funds with summary prospectuses dated
November 1, 2022 – August 1, 2023:

American Funds Corporate Bond Fund® (CBF)

American Funds Emerging Markets Bond Fund® (EMBF)

American Funds Inflation Linked Bond Fund® (ILBF)

American Funds Mortgage Fund® (AFMF)

American Funds® Multi-Sector Income Fund (MSI)

American Funds® Strategic Bond Fund (SBF)

 

American High-Income Trust® (AHIT)

The Bond Fund of America® (BFA)

Capital World Bond Fund® (WBF)

Intermediate Bond Fund of America® (IBFA)

Short-Term Bond Fund of America® (STBF)

U.S. Government Securities Fund® (GVT)

 

1. The “Shareholder fees” table in the “Fees and expenses of the fund” section of the CBF, EMBF and WBF summary prospectus is amended to read as follows. Except as indicated below the table, footnotes remain unchanged.

 

Shareholder fees (fees paid directly from your investment)
Share class: A 529-A C and
529-C
529-E T and
529-T
All F and 529-F share classes All R
share
classes
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 3.75% 3.50% none none 2.50% none none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) 0.754 1.001 1.00% none none none none
Maximum sales charge (load) imposed on reinvested dividends none none none none none none none
Redemption or exchange fees none none none none none none none
4A contingent deferred sales charge of 0.75% applies on certain redemptions made within 18 months following purchases of $500,000 or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.

 

 
 

2. The “Shareholder fees” table in the “Fees and expenses of the fund” section of the AFMF, MSI, SBF and BFA summary prospectus is amended to read as follows. Except as indicated below the table, footnotes remain unchanged.

 

Shareholder fees (fees paid directly from your investment)
Share class: A 529-A C and
529-C
529-E T and
529-T
All F and 529-F share classes All R
share
classes
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 3.75% 3.50% none none 2.50% none none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) 0.753 1.001 1.00% none none none none
Maximum sales charge (load) imposed on reinvested dividends none none none none none none none
Redemption or exchange fees none none none none none none none
3A contingent deferred sales charge of 0.75% applies on certain redemptions made within 18 months following purchases of $500,000 or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.



3. The “Shareholder fees” table in the “Fees and expenses of the fund” section of the AHIT and GVT summary prospectus is amended to read as follows. Except as indicated below the table, footnotes remain unchanged.

 

Shareholder fees (fees paid directly from your investment)
Share class: A 529-A C and
529-C
529-E T and
529-T
All F and 529-F share classes All R
share
classes
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 3.75% 3.50% none none 2.50% none none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) 0.751 1.00* 1.00% none none none none
Maximum sales charge (load) imposed on reinvested dividends none none none none none none none
Redemption or exchange fees none none none none none none none
1A contingent deferred sales charge of 0.75% applies on certain redemptions made within 18 months following purchases of $500,000 or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.
 
 

4. The footnote under the “Shareholder fees” table in the “Fees and expenses of the fund” section of the ILBF summary prospectus is amended to read as follows.

1A contingent deferred sales charge of 0.75% for Class A shares and 1.00% for Class 529-A shares applies on certain redemptions made within 18 months following purchases of $250,000 or more for Class A and $1 million or more for Class 529-A made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.

 

 

5. The footnote under the “Shareholder fees” table in the “Fees and expenses of the fund” section of the IBFA and STBF summary prospectus is amended to read as follows.

*A contingent deferred sales charge of 0.75% for Class A shares and 1.00% for Class 529-A shares applies on certain redemptions made within 18 months following purchases of $250,000 or more for Class A and $1 million or more for Class 529-A made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.

 

 

 

 

 

 

 

 

Keep this supplement with your summary prospectus.

 

 

 

 

 

 

 

 

 

 

 

Lit. No. MFGEBS-557-1023P Printed in USA CGD/TM/10039-S98675

 

 

THE FUND PROVIDES A SPANISH TRANSLATION OF THE ABOVE SUMMARY PROSPECTUS SUPPLEMENT IN CONNECTION WITH THE PUBLIC OFFERING AND SALE OF ITS SHARES. THE FOLLOWING IS A FAIR AND ACCURATE ENGLISH TRANSLATION OF A SPANISH LANGUAGE SUMMARY PROSPECTUS SUPPLEMENT FOR THE FUND.

 

/s/ COURTNEY R. TAYLOR
  COURTNEY R. TAYLOR
  SECRETARY