Capital Group California Core Municipal Fund
Investment portfolio
January 31, 2023
Investment portfolio
January 31, 2023
unaudited
|
Bonds, notes & other debt instruments 85.87%
California 85.50%
|
|
Principal amount
(000)
|
Value
(000)
|
|
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-A, 5.00% 10/1/2024
|
USD600
|
$622
|
|
|
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-A, 5.00% 10/1/2025
|
500
|
521
|
|
|
City of Alhambra, Insured Rev. Ref. Bonds (Atherton Baptist Homes Project), Series 2016, 5.00% 1/1/2027
|
630
|
680
|
|
|
Antelope Valley Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2016 Election,
Series 2022-C, 0% 8/1/2029
|
1,000
|
842
|
|
|
Antelope Valley Community College Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds,
Series 2015, 0% 8/1/2035 (preref. 2/15/2025)
|
2,300
|
1,401
|
|
|
Antelope Valley Community College Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds,
Series 2015, 0% 8/1/2036 (preref. 2/15/2025)
|
2,800
|
1,631
|
|
|
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds
(Eskaton Properties, Inc. Obligated Group), Series 2013, 5.00% 11/15/2023
|
500
|
504
|
|
|
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds
(Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 9/2/2023
|
370
|
375
|
|
|
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds
(Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 9/2/2024
|
395
|
411
|
|
|
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds
(Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 9/2/2025
|
510
|
531
|
|
|
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2017-S-7, 4.00% 4/1/2031
|
2,040
|
2,179
|
|
|
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2001-A,
(SIFMA Municipal Swap Index + 1.25%) 2.91% 4/1/2036 (put 4/1/2027)1
|
1,000
|
1,008
|
|
|
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2013-S-4,
5.00% 4/1/2043 (preref. 4/1/2023)
|
1,000
|
1,004
|
|
|
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2008-B-1,
(SIFMA Municipal Swap Index + 1.10%) 2.76% 4/1/2045 (put 4/1/2024)1
|
4,275
|
4,298
|
|
|
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2021-D,
(SIFMA Municipal Swap Index + 0.30%) 1.96% 4/1/2056 (put 4/1/2027)1
|
1,895
|
1,843
|
|
|
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2017-S-7, 5.00% 4/1/2024
|
1,275
|
1,314
|
|
|
Bay Area Water Supply and Conservation Agcy., Rev. Bonds, Series 2013-A, 5.00% 10/1/2023
|
500
|
502
|
|
|
City of Beaumont, Wastewater Rev. Bonds, Series 2018-A, Assured Guaranty Municipal insured, 5.00% 9/1/2026
|
500
|
548
|
|
|
California County Tobacco Securitization Agcy., Tobacco Settlement Rev. Bonds
(Los Angeles County Securitization Corp.), Series 2020-A, 5.00% 6/1/2026
|
600
|
632
|
|
|
Trustees of the California State University, Systemwide Rev. Bonds, Series 2015-A, 5.00% 11/1/2024
|
500
|
524
|
|
|
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 5.00% 11/1/2028
|
2,705
|
2,960
|
|
|
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-2,
0.55% 11/1/2049 (put 11/1/2026)
|
1,980
|
1,768
|
|
|
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-3,
4.00% 11/1/2051 (put 11/1/2023)
|
2,500
|
2,508
|
|
|
Cathedral City, Successor Agcy. to the Redev. Agcy., Tax Allocation Housing Rev. Ref. Bonds
(Merged Redev. Project Area), Series 2021-C, BAM insured, 4.00% 8/1/2023
|
225
|
226
|
|
|
Cathedral City, Successor Agcy. to the Redev. Agcy., Tax Allocation Housing Rev. Ref. Bonds
(Merged Redev. Project Area), Series 2014-B, Assured Guaranty Municipal insured, 5.00% 8/1/2024
|
260
|
269
|
|
|
Cathedral City, Successor Agcy. to the Redev. Agcy., Tax Allocation Housing Rev. Ref. Bonds
(Merged Redev. Project Area), Series 2014-A, Assured Guaranty Municipal insured, 5.00% 8/1/2025
|
620
|
645
|
|
|
Cerritos Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2012-D,
0% 8/1/2027
|
830
|
743
|
|
|
Chabot-Las Positas Community College Dist., G.O. Rev. Ref. Bonds, Series 2016, 4.00% 8/1/2033
|
1,580
|
1,664
|
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2027
|
465
|
475
|
|
Capital Group California Core Municipal Fund — Page 1 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2028
|
USD480
|
$492
|
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2029
|
500
|
515
|
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2030
|
520
|
533
|
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2031
|
540
|
554
|
|
|
City of Chino, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2014-A, BAM insured,
5.00% 9/1/2025
|
665
|
692
|
|
|
City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D,
5.00% 9/1/2024
|
465
|
479
|
|
|
City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D,
5.00% 9/1/2026
|
780
|
833
|
|
|
City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D,
5.00% 9/1/2027
|
430
|
466
|
|
|
City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D,
5.00% 9/1/2028
|
355
|
391
|
|
|
City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D,
5.00% 9/1/2029
|
225
|
251
|
|
|
City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D,
5.00% 9/1/2030
|
60
|
67
|
|
|
Clovis Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2006-B,
National insured, 0% 8/1/2030
|
1,000
|
808
|
|
|
Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1,
4.00% 2/1/2052 (put 8/1/2031)
|
7,475
|
7,582
|
|
|
Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2022-A-1,
4.00% 5/1/2053 (put 8/1/2028)
|
6,670
|
6,776
|
|
|
Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-B-1,
5.00% 7/1/2053 (put 8/1/2029)
|
4,215
|
4,515
|
|
|
Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1,
5.00% 12/1/2053 (put 8/1/2029)
|
3,945
|
4,214
|
|
|
Compton Community College Dist., G.O. Rev. Ref. Bonds, Series 2014, BAM insured,
5.00% 7/1/2026 (preref. 7/1/2024)
|
1,290
|
1,339
|
|
|
Compton Community College Dist., G.O. Rev. Ref. Bonds, Series 2015, BAM insured,
5.00% 8/1/2029 (preref. 8/1/2025)
|
1,000
|
1,068
|
|
|
Compton Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2015 Election, Series 2019-B,
BAM insured, 0% 6/1/2033
|
1,000
|
688
|
|
|
City of Concord, Successor Agcy. to the Redev. Agcy., Rev. Ref. Bonds, Series 2014, BAM insured,
5.00% 3/1/2023
|
825
|
827
|
|
|
Corona-Norco Unified School Dist., Community Facs. Dist. No. 05-1, Special Tax Bonds, Series 2016,
5.00% 9/1/2036
|
2,010
|
2,096
|
|
|
Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 4.00% 9/1/2026
|
400
|
413
|
|
|
Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 5.00% 9/1/2027
|
880
|
957
|
|
|
Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 5.00% 9/1/2028
|
925
|
1,021
|
|
|
Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 5.00% 9/1/2029
|
675
|
755
|
|
|
Desert Community College Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2032 (preref. 2/1/2026)
|
1,885
|
2,045
|
|
|
City of Dublin, Community Facs. Dist. No. 2015-1 (Dublin Crossing), Improvement Area No. 3, Special Tax Bonds,
Series 2021, 3.00% 9/1/2023
|
205
|
204
|
|
|
City of Dublin, Community Facs. Dist. No. 2015-1 (Dublin Crossing), Improvement Area No. 3, Special Tax Bonds,
Series 2021, 3.00% 9/1/2025
|
265
|
262
|
|
|
East Bay Municipal Utility Dist., Water System Rev. Ref. Bonds, Series 2015-A, 5.00% 6/1/2027
|
3,550
|
3,794
|
|
|
Eastern Municipal Water Dist., Fin. Auth., Water and Wastewater Rev. Ref. Bonds, Series 2020-A, 2.75% 7/1/2028
|
535
|
549
|
|
|
Eastern Municipal Water Dist., Water and Wastewater Rev. Ref. Bonds, Series 2021-A, 4.00% 7/1/2029
|
1,210
|
1,350
|
|
|
Educational Facs. Auth., Rev. Bonds (Chapman University), Series 2021-A, 5.00% 4/1/2028
|
1,375
|
1,560
|
|
|
Educational Facs. Auth., Rev. Ref. Bonds (Stanford University), Series 2009-T-5, 5.00% 3/15/2023
|
1,290
|
1,295
|
|
|
City of El Centro, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured,
5.00% 10/1/2026
|
530
|
552
|
|
Capital Group California Core Municipal Fund — Page 2 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
City of El Centro, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured,
5.00% 10/1/2027
|
USD500
|
$520
|
|
|
City of El Centro, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured,
5.00% 10/1/2030
|
1,000
|
1,038
|
|
|
County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), Special Tax Rev. Ref. Bonds,
Series 2012, 5.00% 9/1/2024
|
855
|
857
|
|
|
City of Elk Grove, Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 9/1/2025
|
580
|
614
|
|
|
Elk Grove Unified School Dist., Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, Series 2012,
Assured Guaranty Municipal insured, 4.00% 12/1/2033
|
2,535
|
2,538
|
|
|
Etiwanda School Dist., G.O. Bonds, 2016 Election, Series 2020-A, 4.00% 8/1/2029
|
570
|
624
|
|
|
City of Fillmore, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015, BAM insured,
5.00% 6/1/2024
|
1,000
|
1,033
|
|
|
Folsom Cordova Unified School Dist., School Facs. Improvement Dist. No. 1, G.O. Bonds,
Capital Appreciation Bonds, 2002 Election, Series 2004-B, National insured, 0% 10/1/2026
|
1,000
|
912
|
|
|
City of Fontana, Community Facs. Dist. No. 22 (Sierra Hills South), Special Tax Bonds, Series 2014,
5.00% 9/1/2023
|
535
|
539
|
|
|
City of Fontana, Community Facs. Dist. No. 86 (Etiwanda Ridge), Special Tax Bonds, Series 2020, 4.00% 9/1/2026
|
100
|
103
|
|
|
City of Fontana, Community Facs. Dist. No. 86 (Etiwanda Ridge), Special Tax Bonds, Series 2020, 4.00% 9/1/2027
|
120
|
124
|
|
|
City of Fontana, Public Facs. Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2021-A, 4.00% 9/1/2027
|
625
|
645
|
|
|
City of Fontana, Public Facs. Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2021-A, 4.00% 9/1/2029
|
390
|
404
|
|
|
G.O. Bonds, Series 2021, 5.00% 10/1/2029
|
2,000
|
2,367
|
|
|
G.O. Bonds, Series 2018, 5.00% 10/1/2030
|
1,000
|
1,157
|
|
|
G.O. Bonds, Series 2021, 5.00% 12/1/2031
|
85
|
92
|
|
|
G.O. Bonds, Series 2022, 5.00% 4/1/2032
|
3,030
|
3,744
|
|
|
G.O. Bonds, Series 2021, 5.00% 12/1/2032
|
70
|
76
|
|
|
G.O. Bonds, Series 2022, 5.00% 4/1/2033
|
1,250
|
1,540
|
|
|
G.O. Bonds, Series 2021, 5.00% 12/1/2034
|
70
|
76
|
|
|
G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2027
|
745
|
833
|
|
|
G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2028
|
685
|
784
|
|
|
G.O. Rev. Ref. Bonds, Series 2019, 5.00% 10/1/2029
|
1,000
|
1,183
|
|
|
G.O. Rev. Ref. Bonds, Series 2017, 5.00% 11/1/2029
|
6,000
|
6,787
|
|
|
G.O. Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2029
|
6,500
|
7,705
|
|
|
G.O. Rev. Ref. Bonds, Series 2021, 5.00% 9/1/2030
|
3,500
|
4,215
|
|
|
G.O. Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2030
|
4,065
|
4,913
|
|
|
G.O. Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2030
|
520
|
629
|
|
|
G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2031
|
3,000
|
3,650
|
|
|
G.O. Rev. Ref. Bonds, Series 2016, 4.00% 9/1/2031
|
2,205
|
2,336
|
|
|
G.O. Rev. Ref. Bonds, Series 2021, 5.00% 9/1/2031
|
2,500
|
3,065
|
|
|
G.O. Rev. Ref. Bonds, Series 2020, 5.00% 3/1/2032
|
4,000
|
4,757
|
|
|
G.O. Rev. Ref. Bonds, Series 2007, Assured Guaranty Municipal insured, 5.25% 8/1/2032
|
2,000
|
2,486
|
|
|
City of Glendale, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds
(Central Glendale Redev. Project), Series 2016, BAM insured, 5.00% 12/1/2024
|
425
|
444
|
|
|
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds,
Capital Appreciation Bonds, Series 2005-A, AMBAC insured, 0% 6/1/2024 (escrowed to maturity)
|
2,000
|
1,937
|
|
|
Greenfield Elementary School Dist., G.O. Bonds, Capital Appreciation Bonds, 2006 Election, Series 2007-A,
Assured Guaranty Municipal insured, 0% 8/1/2029
|
1,270
|
1,042
|
|
|
Grossmont Healthcare Dist., G.O. Bonds, Capital Appreciation Bonds, 2006 Election, Series 2007-A,
AMBAC insured, 0% 7/15/2032
|
1,500
|
1,131
|
|
|
Grossmont Healthcare Dist., G.O. Rev. Ref. Bonds, Series 2021-E, 5.00% 7/15/2030
|
500
|
592
|
|
|
Grossmont Healthcare Dist., G.O. Rev. Ref. Bonds, Series 2021-E, 5.00% 7/15/2031
|
625
|
754
|
|
|
City of Hawthorne, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016,
Assured Guaranty Municipal insured, 5.00% 9/1/2024
|
250
|
260
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2013-A, 5.00% 3/1/2023
|
910
|
912
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2013-A, 5.00% 3/1/2024
|
1,105
|
1,107
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Cedars-Sinai Medical Center), Series 2016-A, 5.00% 8/15/2023
|
650
|
659
|
|
Capital Group California Core Municipal Fund — Page 3 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Health Facs. Fncg. Auth., Rev. Bonds (El Camino Hospital), Series 2017, 5.00% 2/1/2025
|
USD1,000
|
$1,048
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Lucile Salter Packard Children’s Hospital at Stanford), Series 2014-A,
5.00% 8/15/2025
|
400
|
415
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (PIH Health), Series 2020-A, 5.00% 6/1/2030
|
1,900
|
2,131
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2019-B,
5.00% 10/1/2039 (put 10/1/2027)
|
3,135
|
3,462
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Stanford Health Care), Series 2021-A, 3.00% 8/15/2054 (put 8/15/2025)
|
1,000
|
1,008
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2024
|
3,000
|
3,136
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2016-A, 5.00% 11/15/2026 (preref. 11/15/2025)
|
300
|
323
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2026
|
2,300
|
2,527
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2013-A, 5.00% 8/15/2052 (preref. 8/15/2023)
|
1,665
|
1,690
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Adventist Health System/West), Series 2016-A, 4.00% 3/1/2025
|
1,270
|
1,300
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Lucile Salter Packard Children’s Hospital at Stanford), Series 2022-A,
5.00% 5/15/2026
|
830
|
902
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Marshall Medical Center), Series 2015, 5.00% 11/1/2023
|
135
|
138
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Health Care), Series 2017-A, 5.00% 11/15/2024
|
1,000
|
1,048
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Health Care), Series 2017-A, 5.00% 11/15/2026
|
1,750
|
1,936
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Health Care), Series 2017-A, 5.00% 11/15/2032
|
4,575
|
5,115
|
|
|
Hemet Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2015, 5.00% 9/1/2026
|
600
|
626
|
|
|
Hemet Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured,
5.00% 8/1/2023
|
885
|
896
|
|
|
Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036
|
1,238
|
1,148
|
|
|
Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B,
5.00% 11/1/2025
|
100
|
105
|
|
|
Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B,
5.00% 11/1/2026
|
125
|
133
|
|
|
Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B,
5.00% 11/1/2027
|
110
|
119
|
|
|
Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B,
5.00% 11/1/2028
|
375
|
411
|
|
|
Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B,
5.00% 11/1/2029
|
140
|
154
|
|
|
Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B,
5.00% 11/1/2030
|
340
|
371
|
|
|
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2020-A-1, 4.00% 4/1/2030
|
825
|
928
|
|
|
City of Inglewood, Successor Agcy. to the Redev. Agcy., Tax Allocation Bonds (Merged Redev. Project),
Series 2017-A, BAM insured, 5.00% 5/1/2031
|
500
|
553
|
|
|
City of Inglewood, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Merged Redev. Project),
Series 2017-A, BAM insured, 5.00% 5/1/2027
|
650
|
714
|
|
|
City of Irvine, Reassessment Dist. No. 12-1, Limited Obligation Improvement Bonds, Series 2013, 5.00% 9/2/2024
|
725
|
735
|
|
|
City of Irvine, Reassessment Dist. No. 13-1, Limited Obligation Improvement Bonds, Series 2013,
3.375% 9/2/2023
|
850
|
854
|
|
|
City of Irvine, Reassessment Dist. No. 19-1, Limited Obligation Improvement Bonds, Series 2019, 5.00% 9/2/2023
|
200
|
203
|
|
|
City of Irvine, Reassessment Dist. No. 19-1, Limited Obligation Improvement Bonds, Series 2019, 5.00% 9/2/2024
|
210
|
217
|
|
|
City of Irvine, Reassessment Dist. No. 19-1, Limited Obligation Improvement Bonds, Series 2019, 5.00% 9/2/2025
|
250
|
264
|
|
|
City of Irvine, Reassessment Dist. No. 21-1, Limited Obligation Improvement Bonds, Series 2021, BAM insured,
4.00% 9/2/2025
|
500
|
515
|
|
|
City of Irvine, Reassessment Dist. No. 21-1, Limited Obligation Improvement Bonds, Series 2021, 4.00% 9/2/2028
|
500
|
532
|
|
|
City of Irvine, Reassessment Dist. No. 21-1, Limited Obligation Improvement Bonds, Series 2021, BAM insured,
4.00% 9/2/2030
|
1,265
|
1,362
|
|
|
Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, BAM insured,
5.00% 9/1/2027
|
140
|
152
|
|
|
Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, BAM insured,
5.00% 9/1/2028
|
350
|
385
|
|
Capital Group California Core Municipal Fund — Page 4 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, BAM insured,
5.00% 9/1/2030
|
USD215
|
$237
|
|
|
City of Jurupa, Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 9/1/2023
|
500
|
507
|
|
|
City of Jurupa, Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 9/1/2029
|
710
|
737
|
|
|
City of Jurupa, Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2020-A, BAM insured, 5.00% 9/1/2023
|
750
|
760
|
|
|
City of Jurupa, Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2020-A, BAM insured, 4.00% 9/1/2027
|
1,615
|
1,730
|
|
|
Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds
(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2029
|
335
|
367
|
|
|
Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds
(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2031
|
375
|
416
|
|
|
Kings Canyon Joint Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured,
5.00% 8/1/2029
|
1,600
|
1,712
|
|
|
La Habra School Dist., G.O. Bonds, Capital Appreciation Bonds, 2000 Election, Series 2002-A,
Assured Guaranty Municipal insured, 0% 8/1/2026
|
1,010
|
921
|
|
|
Lakeside Union School Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2029
|
1,785
|
1,956
|
|
|
City of Lodi, Public Fin. Auth., Rev. Ref. Bonds, Series 2018, Assured Guaranty Municipal insured, 5.00% 9/1/2024
|
260
|
270
|
|
|
Long Beach Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2008-A,
Assured Guaranty Municipal insured, 0% 6/1/2027
|
3,865
|
3,481
|
|
|
Los Altos School Dist., G.O. Bonds, 2014 Election, Capital Appreciation Bonds, Series 2019-A, 4.00% 8/1/2029
|
1,000
|
1,081
|
|
|
City of Los Angeles, Community Facs. Dist. No. 4 (Playa Vista - Phase 1), Special Tax Rev. Ref. Bonds, Series 2014,
5.00% 9/1/2023
|
690
|
700
|
|
|
City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Bonds, Series 2021-B,
5.00% 5/15/2031
|
420
|
510
|
|
|
City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Bonds, Series 2021-B,
5.00% 5/15/2034
|
1,025
|
1,232
|
|
|
City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-E,
5.00% 5/15/2039
|
1,130
|
1,251
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-D, 5.00% 7/1/2024
|
535
|
556
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-B, 5.00% 7/1/2025
|
1,875
|
1,998
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-D, 5.00% 7/1/2025
|
500
|
534
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2030
|
775
|
934
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2032
|
870
|
1,084
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-D, 5.00% 7/1/2033
|
685
|
786
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2033
|
1,500
|
1,821
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2033
|
1,345
|
1,664
|
|
|
City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2028
|
650
|
752
|
|
|
City of Los Angeles, Solid Waste Resources Rev. Bonds, Series 2013-A, 2.00% 2/1/2023
|
1,110
|
1,110
|
|
|
County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1,
Special Tax Bonds, Series 2022, 5.00% 9/1/2027
|
100
|
109
|
|
|
County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1,
Special Tax Bonds, Series 2022, 5.00% 9/1/2031
|
225
|
250
|
|
|
County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1,
Special Tax Bonds, Series 2022, 5.00% 9/1/2032
|
175
|
194
|
|
|
County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1,
Special Tax Bonds, Series 2022, 5.00% 9/1/2033
|
170
|
188
|
|
|
County of Los Angeles, Dev. Auth., Multi Family Housing Mortgage Rev. Bonds (Long Beach Senior Housing),
Series 2022, 2.00% 2/1/2026 (put 2/1/2025)
|
3,350
|
3,237
|
|
|
County of Los Angeles, Dev. Auth., Multi Family Housing Rev. Bonds (Cantamar Villas), Series 2021-D-1,
0.30% 2/1/2025 (put 2/1/2024)
|
1,295
|
1,249
|
|
|
County of Los Angeles, Metropolitan Transportation Auth., Measure R Sales Tax Rev. Bonds, Series 2021-A,
4.00% 6/1/2036
|
3,450
|
3,741
|
|
|
County of Los Angeles, Metropolitan Transportation Auth., Proposition C Sales Tax Rev. Bonds, Series 2021-A,
5.00% 7/1/2030
|
3,610
|
4,352
|
|
|
County of Los Angeles, Metropolitan Transportation Auth., Proposition C Sales Tax Rev. Bonds, Series 2021-A,
5.00% 7/1/2034
|
1,000
|
1,207
|
|
Capital Group California Core Municipal Fund — Page 5 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
County of Los Angeles, Public Works Fncg. Auth., Lease Rev. Bonds, Series 2016-D, 5.00% 12/1/2027
|
USD1,500
|
$1,623
|
|
|
Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, 2008 Election,
Series 2018-B-1, BAM insured, 5.00% 7/1/2036
|
1,000
|
1,109
|
|
|
Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Green Bonds,
Series 2022-QRR, 5.00% 7/1/2027
|
2,170
|
2,446
|
|
|
Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds,
Series 2021-A, 4.00% 7/1/2032
|
1,395
|
1,554
|
|
|
Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014-C, 5.00% 7/1/2023
|
520
|
526
|
|
|
Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2019-A, 3.00% 1/1/2034
|
4,780
|
4,774
|
|
|
Los Rios Community College Dist., G.O. Bonds, 2008 Election, Series 2021-E, 3.00% 8/1/2034
|
2,750
|
2,753
|
|
|
Madera Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2006,
Assured Guaranty Municipal insured, 0% 8/1/2029
|
585
|
488
|
|
|
Manhattan Beach Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 1999-C,
FGIC-National insured, 0% 9/1/2024
|
3,800
|
3,618
|
|
|
Manteca Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2006,
National insured, 0% 8/1/2027
|
560
|
495
|
|
|
Menifee Union School Dist., Community Facs. Dist. No. 2011-1, Improvement Area No. 5, Special Tax Bonds,
Series 2021, 4.00% 9/1/2028
|
275
|
283
|
|
|
City of Merced, Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2015-A,
Assured Guaranty Municipal insured, 5.00% 10/1/2028
|
250
|
269
|
|
|
Merced Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2011-C,
0% 8/1/2033
|
615
|
445
|
|
|
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2027
|
550
|
619
|
|
|
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2022-B, 5.00% 7/1/2033
|
500
|
624
|
|
|
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2022-B, 5.00% 7/1/2034
|
500
|
612
|
|
|
Montebello Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, 5.00% 8/1/2028
|
1,545
|
1,619
|
|
|
Moreno Valley Unified School Dist., Fin. Auth. Special Tax Rev. Bonds, Series 2018-A, 5.00% 9/1/2030
|
425
|
455
|
|
|
Mountain View - Los Altos Union School Dist., G.O. Bonds, 2018 Election, Series 2022-C, 4.00% 8/1/2031
|
2,465
|
2,825
|
|
|
Mountain View School Dist., G.O. Bonds, 2020 Election, Series 2021-A, Assured Guaranty Municipal insured,
4.00% 8/1/2023
|
1,290
|
1,300
|
|
|
Municipal Fin. Auth., Certs. of Part. (Palomar Health), Series 2022-A, Assured Guaranty Municipal insured,
5.00% 11/1/2028
|
125
|
137
|
|
|
Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A,
4.00% 6/1/2026
|
165
|
166
|
|
|
Municipal Fin. Auth., Multi Family Housing Rev. Bonds (Walnut Apartments), Series 2021-A,
0.45% 12/1/2024 (put 12/1/2023)
|
2,935
|
2,851
|
|
|
Municipal Fin. Auth., Rev. and Rev. Ref. Bonds (HumanGood California Obligated Group), Series 2019-A,
4.00% 10/1/2030
|
1,785
|
1,835
|
|
|
Municipal Fin. Auth., Rev. Bonds (California Institute of the Arts), Series 2021, 4.00% 10/1/2033
|
250
|
254
|
|
|
Municipal Fin. Auth., Rev. Bonds (California Lutheran University), Series 2018, 5.00% 10/1/2026
|
300
|
316
|
|
|
Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A,
Assured Guaranty Municipal insured, 5.00% 2/1/2027
|
800
|
862
|
|
|
Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A,
Assured Guaranty Municipal insured, 5.00% 2/1/2028
|
750
|
817
|
|
|
Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A,
Assured Guaranty Municipal insured, 5.00% 2/1/2029
|
825
|
911
|
|
|
Municipal Fin. Auth., Rev. Bonds (Retirement Housing Foundation), Series 2017-A,
5.00% 11/15/2024 (escrowed to maturity)
|
300
|
314
|
|
|
Municipal Fin. Auth., Rev. Bonds (University of La Verne), Series 2017-A, 5.00% 6/1/2023
|
750
|
756
|
|
|
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2017, 5.00% 10/1/2026
|
335
|
355
|
|
|
Municipal Fin. Auth., Rev. Ref. Bonds (Harbor Regional Center Project), Series 2015, 5.00% 11/1/2025
|
500
|
536
|
|
|
Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2028
|
750
|
774
|
|
|
Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2029
|
1,085
|
1,118
|
|
|
Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2035
|
1,000
|
1,015
|
|
Capital Group California Core Municipal Fund — Page 6 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Riverside I, LLC - UCR Student Housing Project),
Series 2019, BAM insured, 5.00% 5/15/2027
|
USD530
|
$577
|
|
|
Murrieta Valley Unified School Dist., G.O. Bonds, 2014 Election, Series 2020, 4.00% 9/1/2023
|
335
|
338
|
|
|
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2023
|
2,530
|
2,560
|
|
|
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2030
|
525
|
557
|
|
|
Napa Valley Community College Dist., G.O. Rev. Ref. Bonds, Convertible Capital Appreciation Bonds,
Series 2018, 4.00% 8/1/20332
|
2,190
|
2,294
|
|
|
Napa Valley Unified School Dist., G.O. Bonds, 2016 Election, Series 2019-C, Assured Guaranty Municipal insured,
4.00% 8/1/2034
|
1,030
|
1,075
|
|
|
New Haven Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2008-C,
Assured Guaranty insured, 0% 8/1/2030
|
5,075
|
4,091
|
|
|
Newport-Mesa Unified Shool Dist., G.O. Bonds, 2005 Election, Series 2007, National insured, 0% 8/1/2031
|
1,000
|
790
|
|
|
Northern California Energy Auth., Commodity Supply Rev. Bonds, Series 2018, 4.00% 7/1/2049 (put 7/1/2024)
|
5,250
|
5,282
|
|
|
Oak Park Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2006 Election, Series 2009-B,
Assured Guaranty Municipal insured, 0% 8/1/2029
|
605
|
498
|
|
|
Oakland Unified School Dist., G.O. Bonds, 2006 Election, Series 2016-A, 5.00% 8/1/2026
|
1,325
|
1,448
|
|
|
Oakland Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-A, Assured Guaranty Municipal insured,
5.00% 8/1/2028
|
1,000
|
1,121
|
|
|
Oakland Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-A, Assured Guaranty Municipal insured,
4.00% 8/1/2034
|
2,000
|
2,107
|
|
|
Oakland Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2024
|
1,310
|
1,359
|
|
|
Oakland Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2025
|
3,000
|
3,196
|
|
|
Oakland Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, Assured Guaranty Municipal insured,
5.00% 8/1/2026
|
1,125
|
1,203
|
|
|
County of Orange, Airport Governmental Rev. Ref. Bonds, Series 2019-B, 5.00% 7/1/2025
|
1,065
|
1,133
|
|
|
County of Orange, Airport Private Activity Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2025
|
1,000
|
1,064
|
|
|
County of Orange, Community Facs. Dist. No. 2016-1 (Village of Esencia), Special Tax Bonds, Series 2016-A,
5.00% 8/15/2026
|
570
|
608
|
|
|
County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A,
4.00% 8/15/2024
|
130
|
132
|
|
|
County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A,
5.00% 8/15/2031
|
1,025
|
1,142
|
|
|
County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A,
5.00% 8/15/2032
|
1,000
|
1,111
|
|
|
County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A,
5.00% 8/15/2033
|
500
|
554
|
|
|
County of Orange, Sanitation Dist., Wastewater Rev. Ref. Obligations, Series 2022-A, 5.00% 2/1/2033
|
3,490
|
4,221
|
|
|
County of Orange, Transportation Auth., Bond Anticipation Notes (I-405 Improvement Project), Series 2021,
5.00% 10/15/2024 (escrowed to maturity)
|
2,000
|
2,089
|
|
|
County of Orange, Water Dist. Rev. Certs. of Part. (Interim Obligations), Series 2019-A, 2.00% 8/15/2023
|
2,825
|
2,819
|
|
|
City of Oxnard, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured,
5.00% 6/1/2024
|
250
|
258
|
|
|
City of Oxnard, Water Rev. Ref. Bonds, Series 2018, BAM insured, 5.00% 6/1/2024
|
450
|
466
|
|
|
Palomar Health, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 8/1/2026
|
630
|
681
|
|
|
Paramount Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 1998 Election, Series 2001-B,
Assured Guaranty Municipal insured, 0% 9/1/2025
|
3,000
|
2,806
|
|
|
Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2026
|
250
|
272
|
|
|
Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2027
|
200
|
222
|
|
|
Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2028
|
285
|
323
|
|
|
Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2029
|
400
|
462
|
|
|
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 9/1/2024
|
1,000
|
1,030
|
|
|
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 9/1/2032
|
2,675
|
2,766
|
|
|
Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2028
|
185
|
201
|
|
|
Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2029
|
200
|
220
|
|
|
Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2030
|
215
|
237
|
|
Capital Group California Core Municipal Fund — Page 7 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2031
|
USD350
|
$385
|
|
|
Pleasant Valley School Dist., G.O. Bonds, 8/1/2029 Election, Series A, 5.00% 8/1/2029 (preref. 8/1/2026)
|
645
|
709
|
|
|
Pollution Control Fncg. Auth., Water Facs. Rev. Ref. Bonds (American Water Capital Corp. Project), Series 2020,
0.60% 8/1/2040 (put 9/1/2023)
|
3,270
|
3,223
|
|
|
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 9/1/2023
|
885
|
898
|
|
|
Public Fin. Auth., Electric System Rev. Ref. Bonds, Series 2018, Assured Guaranty Municipal insured,
5.00% 9/1/2023
|
730
|
741
|
|
|
Public Fin. Auth., Reassessment Rev. Ref. Bonds, Series 2019, 5.00% 9/2/2029
|
1,000
|
1,114
|
|
|
Public Fin. Auth., Rev. Bonds (Henry Mayo Newhall Memorial Hospital), Series 2017,
Assured Guaranty Municipal insured, 5.00% 10/1/2023
|
500
|
507
|
|
|
Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2028
|
250
|
284
|
|
|
Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2030
|
250
|
294
|
|
|
Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2033
|
330
|
393
|
|
|
Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2034
|
350
|
413
|
|
|
Public Fin. Auth., Rev. Ref. Bonds (O’Conner Woods), Series 2022, 4.00% 1/1/2028
|
450
|
483
|
|
|
Public Fin. Auth., Rev. Ref. Bonds (O’Conner Woods), Series 2022, 4.00% 1/1/2029
|
500
|
544
|
|
|
Public Fin. Auth., Rev. Ref. Bonds (O’Conner Woods), Series 2022, 4.00% 1/1/2031
|
520
|
578
|
|
|
Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2016-D, 5.00% 4/1/2028
|
400
|
442
|
|
|
Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2021-A, 5.00% 2/1/2032
|
1,000
|
1,234
|
|
|
City of Rancho Cucamonga, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds
(Rancho Redev. Project Area), Series 2014, Assured Guaranty Municipal insured, 5.00% 9/1/2026
|
600
|
625
|
|
|
City of Rancho Cucamonga, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds
(Rancho Redev. Project Area), Series 2014, Assured Guaranty Municipal insured, 5.00% 9/1/2028
|
300
|
313
|
|
|
City of Redding, Joint Powers Fin. Auth., Electric System Rev. Bonds, Series 2015-A, 5.00% 6/1/2024
|
15
|
16
|
|
|
Rialto Unified School Dist., G.O. Bonds, 2010 Election, Series 2019, 3.00% 8/1/2026
|
600
|
615
|
|
|
Rialto Unified School Dist., G.O. Bonds, 2010 Election, Series 2019, 3.00% 8/1/2027
|
750
|
771
|
|
|
City of Richmond, Successor Agcy. to the Redev. Agcy., Rev. Ref. Bonds, Series 2014-A, BAM insured,
5.00% 9/1/2025
|
200
|
208
|
|
|
Rio Elementary School Dist., Community Facs. Dist. No. 1, Special Tax Bonds, Series 2016, BAM insured,
5.00% 9/1/2032
|
240
|
260
|
|
|
River Islands Public Fncg. Auth., Community Facs. Dist. No. 2003-1, Special Tax Rev. Ref. Bonds, Series 2022-A-1,
Assured Guaranty Municipal insured, 5.00% 9/1/2028
|
500
|
566
|
|
|
River Islands Public Fncg. Auth., Community Facs. Dist. No. 2003-1, Special Tax Rev. Ref. Bonds, Series 2022-A-1,
Assured Guaranty Municipal insured, 5.00% 9/1/2029
|
500
|
575
|
|
|
County of Riverside, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and
Interstate 215 Corridor Projects), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 10/1/2023
|
1,075
|
1,093
|
|
|
County of Riverside, Public Fncg. Auth., Tax Allocation Rev. Ref. Bonds (Hemet Project), Series 2014, BAM insured,
5.00% 9/1/2023
|
500
|
507
|
|
|
Riverside Community College Dist., G.O. Bonds, 2004 Election, Series 2019-F, 3.00% 8/1/2034
|
580
|
580
|
|
|
Riverside Community Properties Dev., Inc., Lease Rev. Bonds (Riverside County Law Building Project),
Series 2013, 6.00% 10/15/2038 (preref. 10/15/2023)
|
2,585
|
2,651
|
|
|
Riverside Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015, BAM insured,
5.00% 9/1/2025
|
350
|
369
|
|
|
Riverside Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015, BAM insured,
5.00% 9/1/2026
|
400
|
423
|
|
|
Riverside Unified School Dist., G.O. Bonds, 2016 Election, Series 2019, 4.00% 8/1/2029
|
850
|
911
|
|
|
City of Roseville, Community Facs. Dist. No. 1 (Westpark), Special Tax Rev. Ref. Bonds, Series 2015,
5.00% 9/1/2024
|
1,000
|
1,030
|
|
|
City of Roseville, Community Facs. Dist. No. 1 (Westpark), Special Tax Rev. Ref. Bonds, Series 2015,
5.00% 9/1/2032
|
2,000
|
2,086
|
|
|
Roseville Joint Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2007-C,
0% 8/1/2025
|
700
|
658
|
|
|
City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.25% 7/1/2024
|
525
|
540
|
|
|
City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 2019-A, 5.00% 8/15/2049 (put 7/13/2023)
|
3,580
|
3,596
|
|
|
County of Sacramento, Airport System Rev. Ref. Bonds, Series 2018-E, 5.00% 7/1/2027
|
1,015
|
1,135
|
|
Capital Group California Core Municipal Fund — Page 8 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
County of Sacramento, Airport System Rev. Ref. Bonds, Series 2018-E, 5.00% 7/1/2030
|
USD200
|
$227
|
|
|
Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2027
|
585
|
625
|
|
|
Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2017-E, 5.00% 8/1/2027
|
555
|
617
|
|
|
Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2028
|
610
|
656
|
|
|
Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2029
|
635
|
688
|
|
|
Sacramento Unified School Dist., G.O. Bonds, 2020 Election, Series 2022-A, BAM insured, 5.00% 8/1/2023
|
5,680
|
5,752
|
|
|
Sacramento Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, Assured Guaranty Municipal insured,
5.00% 7/1/2030
|
1,000
|
1,033
|
|
|
Sacramento Unified School Dist., G.O. Rev. Ref. Bonds, Series 2022, BAM insured, 5.00% 7/1/2030
|
1,050
|
1,239
|
|
|
City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds,
Series 2021, 4.00% 9/1/2027
|
635
|
676
|
|
|
City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds,
Series 2021, 4.00% 9/1/2028
|
875
|
937
|
|
|
City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds,
Series 2021, 4.00% 9/1/2029
|
430
|
463
|
|
|
City of San Diego, Public Facs. Fncg. Auth., Lease Rev. Bonds (Capital Improvement Projects), Series 2021-A,
5.00% 10/15/2030
|
200
|
239
|
|
|
City of San Diego, Public Facs. Fncg. Auth., Lease Rev. Bonds (Capital Improvement Projects), Series 2021-A,
5.00% 10/15/2031
|
150
|
178
|
|
|
City of San Diego, Public Facs. Fncg. Auth., Water Rev. Bonds, Series 2020-A, 5.00% 8/1/2029
|
500
|
586
|
|
|
County of San Diego, Community Facs. Dist. No. 2008-1 (Harmony Grove Village), Improvement Area No. 2,
Special Tax Bonds, Series 2020-A, 4.00% 9/1/2026
|
255
|
261
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2027
|
400
|
448
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2028
|
320
|
367
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2029
|
585
|
683
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. Bonds, Series 2013-A,
5.00% 7/1/2023 (escrowed to maturity)
|
245
|
248
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2028
|
1,000
|
1,146
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2029
|
1,000
|
1,167
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. Ref. Bonds, Series 2020-B, 5.00% 7/1/2031
|
1,405
|
1,668
|
|
|
County of San Diego, Regional Transportation Commission, Limited Sales Tax Rev. Bonds, Series 2021-B,
5.00% 4/1/2029
|
320
|
375
|
|
|
County of San Diego, Regional Transportation Commission, Limited Sales Tax Rev. Green Bonds, Series 2020-A,
5.00% 4/1/2028
|
850
|
975
|
|
|
County of San Diego, Water Auth., Water Rev. Bonds, Series 2022-A, 5.00% 5/1/2028
|
250
|
288
|
|
|
County of San Diego, Water Auth., Water Rev. Bonds, Series 2022-A, 5.00% 5/1/2029
|
500
|
589
|
|
|
San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds,
Series 2016-SR-1, 4.00% 7/1/2031
|
3,000
|
3,164
|
|
|
San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, 2008 Election,
Series 2012-E, 0% 7/1/2034
|
3,000
|
2,103
|
|
|
San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds,
Series 2015-R-4, 5.00% 7/1/2026
|
1,000
|
1,071
|
|
|
San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds,
Series 2015-R-4, 5.00% 7/1/2027
|
3,000
|
3,214
|
|
|
San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds,
Series 2016-R-5, 5.00% 7/1/2029
|
1,500
|
1,647
|
|
|
City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Bonds,
Series 2019-D-2, 5.00% 5/1/2024
|
1,000
|
1,033
|
|
|
City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds,
Series 2022-B-2, 5.00% 5/1/2027
|
4,000
|
4,462
|
|
|
City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Ref. Bonds,
Series 2016-A, 5.00% 11/1/2027
|
1,500
|
1,664
|
|
|
City of San Francisco, Bay Area Rapid Transit Dist., G.O. Bonds, 2016 Election, Series 2020-C-1, 5.00% 8/1/2027
|
1,500
|
1,693
|
|
|
City of San Francisco, Bay Area Rapid Transit Dist., Sales Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 7/1/2027
|
475
|
509
|
|
|
San Francisco Unified School Dist., G.O. Bonds, 2016 Election, Series 2020-B, 4.00% 6/15/2029
|
1,000
|
1,091
|
|
Capital Group California Core Municipal Fund — Page 9 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
San Francisco Unified School Dist., G.O. Bonds, 2016 Election, Series 2020-B, 4.00% 6/15/2034
|
USD975
|
$1,049
|
|
|
San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2023
|
40
|
40
|
|
|
San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2024
|
65
|
67
|
|
|
San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2025
|
90
|
94
|
|
|
San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2026
|
155
|
164
|
|
|
San Joaquin Hills Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Capital Appreciation Bonds,
Series 1997-A, National insured, 0% 1/15/2025
|
285
|
268
|
|
|
City of San Jose, Airport Rev. Ref. Bonds, Series 2021-A, BAM insured, 5.00% 3/1/2029
|
500
|
580
|
|
|
City of San Jose, Airport Rev. Ref. Bonds, Series 2021-A, BAM insured, 5.00% 3/1/2030
|
250
|
295
|
|
|
City of San Jose, Airport Rev. Ref. Bonds, Series 2021-B, 5.00% 3/1/2032
|
1,250
|
1,500
|
|
|
City of San Jose, Fin. Auth., Lease Rev. Ref. Bonds (Civic Center Project), Series 2013-A,
5.00% 6/1/2030 (preref. 6/1/2023)
|
1,625
|
1,639
|
|
|
City of San Jose, G.O. Bonds (Disaster Preparedness, Public Safety and Infrastructure), Series 2021-A,
5.00% 9/1/2030
|
2,250
|
2,724
|
|
|
San Jose Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2006-C,
National insured, 0% 8/1/2025
|
795
|
749
|
|
|
San Jose Unified School Dist., G.O. Rev. Ref. Bonds, Series 2017, 5.00% 8/1/2023
|
375
|
380
|
|
|
San Jose Unified School Dist., G.O. Rev. Ref. Bonds, Series 2017, 5.00% 8/1/2024
|
500
|
520
|
|
|
San Ramon Valley Unified School Dist., G.O. Bonds, 2012 Election, Series 2018, 5.00% 8/1/2024
|
1,000
|
1,041
|
|
|
Santa Margarita Water Dist., Community Facs. Dist. No. 99-1 (Talega), Special Tax Rev. Ref. Bonds, Series 2014-B,
5.00% 9/1/2024
|
530
|
546
|
|
|
Santa Margarita Water Dist., Community Facs. Dist. No. 99-1 (Talega), Special Tax Rev. Ref. Bonds, Series 2014-B,
5.00% 9/1/2025
|
375
|
387
|
|
|
Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 1 (Santa Monica Schools),
G.O. Bonds, 2018 Election, Series 2021-B, 4.00% 8/1/2025
|
405
|
423
|
|
|
Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 2 (Malibu Schools), G.O. Bonds,
2018 Election, Series 2021-B, 4.00% 8/1/2024
|
1,235
|
1,268
|
|
|
Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 2 (Malibu Schools), G.O. Bonds,
2018 Election, Series 2021-B, 4.00% 8/1/2025
|
345
|
361
|
|
|
Santa Rosa High School Dist., G.O. Bonds, 2014 Election, Series 2021-E, BAM insured, 4.00% 8/1/2027
|
500
|
542
|
|
|
Santa Rosa High School Dist., G.O. Bonds, 2014 Election, Series 2021-E, BAM insured, 4.00% 8/1/2029
|
500
|
551
|
|
|
Saugus Union School Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds, Series 2006,
FGIC-National insured, 0% 8/1/2024
|
1,210
|
1,163
|
|
|
Saugus Union School Dist., Saugus/Hart School Facs. Fin. Auth., Community Facs. Dist. No. 2006-1,
Special Tax Rev. Bonds, Series 2016, 5.00% 9/1/2024
|
500
|
513
|
|
|
Saugus Union School Dist., Saugus/Hart School Facs. Fin. Auth., Community Facs. Dist. No. 2006-1,
Special Tax Rev. Bonds, Series 2016, 5.00% 9/1/2025
|
1,110
|
1,160
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (Granada Hills Charter Obligated Group), Series 2019,
4.00% 7/1/20273
|
740
|
753
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (Granada Hills Charter Obligated Group), Series 2019,
4.00% 7/1/20293
|
805
|
818
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (Granada Hills Charter Obligated Group), Series 2019,
5.00% 7/1/20313
|
875
|
915
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2014-A, 4.125% 7/1/20243
|
315
|
317
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2017-A, 5.00% 7/1/20243
|
585
|
599
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2015-A, 3.625% 7/1/20253
|
460
|
462
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2017-A, 5.00% 7/1/20263
|
505
|
534
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2017-A, 5.00% 7/1/20273
|
600
|
643
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/20233
|
225
|
227
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/20243
|
130
|
133
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/20243
|
100
|
102
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/20253
|
150
|
156
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/20253
|
105
|
109
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/20263
|
105
|
111
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/20263
|
110
|
116
|
|
Capital Group California Core Municipal Fund — Page 10 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/20273
|
USD220
|
$236
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/20273
|
100
|
107
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/20283
|
100
|
108
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/20293
|
200
|
219
|
|
|
School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/20303
|
200
|
221
|
|
|
City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center),
Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2023
|
150
|
149
|
|
|
City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center),
Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2024
|
145
|
144
|
|
|
City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center),
Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2025
|
365
|
360
|
|
|
City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center),
Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2026
|
150
|
147
|
|
|
City of Signal Hill, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A,
BAM insured, 5.00% 10/1/2023
|
500
|
508
|
|
|
Silicon Valley Clean Water, Wastewater Rev. Notes, Series 2019-A, 3.00% 3/1/2024
|
4,065
|
4,081
|
|
|
Silicon Valley Clean Water, Wastewater Rev. Notes, Series 2021-B, 0.50% 3/1/2026
|
5,040
|
4,676
|
|
|
Solano Community College Dist., G.O. Bonds, 2012 Election, Series 2013-A,
4.375% 8/1/2047 (preref. 8/1/2023)
|
595
|
601
|
|
|
South Placer Wastewater Auth., Wastewater Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2031
|
2,885
|
3,474
|
|
|
South Placer Wastewater Auth., Wastewater Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2032
|
500
|
610
|
|
|
Southern California Public Power Auth., Rev. Ref. Green Bonds (Milford Wind Corridor Phase II Project),
Series 2021-1, 5.00% 7/1/2026
|
200
|
220
|
|
|
Southern California Public Power Auth., Rev. Ref. Green Bonds (Milford Wind Corridor Phase II Project),
Series 2021-1, 5.00% 7/1/2027
|
400
|
451
|
|
|
Stanislaus Union School Dist., G.O. Rev. Ref. Bonds, Series 2019, BAM insured, 5.00% 8/1/2025
|
500
|
532
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Harriet Tubman Terrace Apartments),
Series 2021-Q, 0.24% 4/1/2024 (put 4/1/2023)
|
7,000
|
6,957
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Noble Creek Apartments), Series 2022-J,
3.50% 8/1/2025 (put 8/1/2024)
|
6,887
|
6,918
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-K-1,
3.50% 2/1/2026 (put 2/1/2024)
|
2,025
|
2,026
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-L-1,
3.50% 3/1/2026 (put 3/1/2024)
|
1,750
|
1,751
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2015-A, 5.00% 3/1/2025
|
750
|
783
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2015-A, 5.00% 3/1/2028
|
2,085
|
2,213
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2034
|
975
|
1,053
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (American Baptist Homes of the West), Series 2015,
5.00% 10/1/2023
|
1,110
|
1,122
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Cottage Health System Obligated Group), Series 2015,
5.00% 11/1/2043 (preref. 11/1/2024)
|
5,000
|
5,224
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Jewish Home of San Francisco), Series 2016, 5.00% 11/1/2026
|
575
|
631
|
|
|
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Huntington Memorial Hospital), Series 2014-B,
5.00% 7/1/2026 (preref. 7/1/2024)
|
200
|
208
|
|
|
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Rady Children’s Hospital), Series 2016-B, 5.00% 8/15/2028
|
860
|
980
|
|
|
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC - University of California, Irvine
East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2029
|
1,915
|
2,174
|
|
|
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC - University of California, Irvine
East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2031
|
3,000
|
3,497
|
|
|
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC - University of California, Irvine
East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2032
|
3,500
|
4,064
|
|
|
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - University of California,
Irvine East Campus Apartments), Series 2016, 5.00% 5/15/2029
|
1,250
|
1,309
|
|
|
Stockton Unified School Dist., G.O. Bonds, 2008 Election, Series 2011-D, Assured Guaranty Municipal insured,
0% 8/1/2033
|
2,500
|
1,807
|
|
Capital Group California Core Municipal Fund — Page 11 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Stockton Unified School Dist., G.O. Bonds, 2012 Election, Series 2018-C, BAM insured, 5.00% 8/1/2030
|
USD2,145
|
$2,471
|
|
|
Sweetwater Union High School Dist., G.O. Bonds, 2006 Election, Series 2006, 4.00% 8/1/2026
|
515
|
538
|
|
|
Sweetwater Union High School Dist., G.O. Rev. Ref. Bonds, Series 2014, BAM insured, 5.00% 8/1/2025
|
1,715
|
1,778
|
|
|
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-Backed Rev. Ref. Bonds
(San Diego County Tobacco Asset Securitization Corp.), Series 2019-A, 5.00% 6/1/2025
|
1,000
|
1,044
|
|
|
Tobacco Securitization Auth., Tobacco Settlement Asset-Backed Rev. Ref. Senior Bonds
(Sacramento County Tobacco Securitization Corp), Series 2021-A-1, 5.00% 6/1/2027
|
1,550
|
1,682
|
|
|
City of Tracy, Successor Agcy. to the Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016,
Assured Guaranty Municipal insured, 5.00% 8/1/2030
|
545
|
579
|
|
|
Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2027
|
600
|
655
|
|
|
Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2028
|
700
|
776
|
|
|
Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2029
|
660
|
741
|
|
|
Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2030
|
300
|
338
|
|
|
City of Turlock, Irrigation Dist., Rev. Ref. Bonds, Series 2020, 5.00% 1/1/2031
|
1,600
|
1,890
|
|
|
City of Tustin, Community Facs. Dist. No. 06-1 (Tustin Legacy / Columbus Villages), Special Tax Rev. Ref. Bonds,
Series 2015-A, 5.00% 9/1/2024
|
860
|
891
|
|
|
Twin Rivers Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured,
5.00% 8/1/2024
|
400
|
414
|
|
|
Ukiah Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2005 Election, Series 2006, National insured,
0% 8/1/2023
|
1,500
|
1,481
|
|
|
Union City, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Redev. Bonds, Series 2015-A,
5.00% 10/1/2023
|
375
|
381
|
|
|
Regents of the University of California, General Rev. Bonds, Series 2023-BM, 5.00% 5/15/2031
|
750
|
917
|
|
|
Regents of the University of California, General Rev. Bonds, Series 2023-BM, 5.00% 5/15/2032
|
3,000
|
3,730
|
|
|
Regents of the University of California, Limited Project Rev. Bonds, Series 2022-S, 5.00% 5/15/2031
|
1,150
|
1,399
|
|
|
Val Verde Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured,
4.00% 8/1/2023
|
600
|
605
|
|
|
City of Vernon, Electric System Rev. Bonds, Series 2022-A, 5.00% 4/1/2028
|
590
|
647
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2016-B, 3.50% 12/1/2045
|
2,315
|
2,314
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2019-A, 4.00% 12/1/2049
|
2,070
|
2,098
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2020-A, 3.00% 12/1/2050
|
6,340
|
6,277
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2022-A, 5.50% 12/1/2052
|
2,705
|
2,961
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2017-CQ, 4.00% 12/1/2047
|
930
|
939
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2018-CR, 4.00% 12/1/2048
|
3,320
|
3,362
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2019-CS, 4.00% 12/1/2049
|
1,970
|
1,995
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2020-CT, 3.00% 12/1/2050
|
4,425
|
4,380
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2022-CU, 5.50% 12/1/2052
|
1,900
|
2,076
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Rev. Ref. Bonds, Series 2016-CN, 3.50% 12/1/2045
|
370
|
370
|
|
|
Victor Valley Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured,
4.00% 8/1/2024
|
730
|
747
|
|
|
Victor Valley Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured,
4.00% 8/1/2026
|
270
|
288
|
|
|
City of Vista, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Redev. Bonds, Series 2015-B-1,
Assured Guaranty Municipal insured, 4.00% 9/1/2025
|
400
|
415
|
|
|
Dept. of Water Resources, Water System Rev. Bonds (Central Valley Project), Series 2016-AV, 4.00% 12/1/2033
|
3,260
|
3,441
|
|
|
West Basin Municipal Water Dist., Rev. Ref. Bonds, Series 2021-A, 5.00% 8/1/2030
|
1,575
|
1,885
|
|
|
West Basin Municipal Water Dist., Rev. Ref. Bonds, Series 2021-A, 5.00% 8/1/2031
|
745
|
909
|
|
|
West Contra Costa Unified School Dist., G.O. Bonds, 2010 Election, Series 2020-F,
Assured Guaranty Municipal insured, 4.00% 8/1/2028
|
600
|
651
|
|
|
West Contra Costa Unified School Dist., G.O. Bonds, 2012 Election, Series 2020-E,
Assured Guaranty Municipal insured, 4.00% 8/1/2030
|
900
|
999
|
|
|
West Contra Costa Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2005-D,
National insured, 0% 8/1/2026
|
2,425
|
2,210
|
|
|
West Contra Costa Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2005-D,
National insured, 0% 8/1/2031
|
2,585
|
1,992
|
|
Capital Group California Core Municipal Fund — Page 12 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
West Contra Costa Unified School Dist., G.O. Rev. Ref. Bonds, 2005 Election, Series 2008-B, 6.00% 8/1/2027
|
USD3,000
|
$3,475
|
|
|
Westminster School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2009-A-1,
Assured Guaranty insured, 0% 8/1/2023
|
1,000
|
987
|
|
|
Westside Union School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2002-A, National insured,
0% 8/1/2027
|
800
|
708
|
|
|
Whittier City School Dist., G.O. Rev. Ref. Bonds, Series 2016, 4.00% 8/1/2030
|
825
|
871
|
|
|
City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds,
Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2029
|
215
|
229
|
|
|
City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds,
Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2030
|
235
|
249
|
|
|
City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds,
Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2031
|
260
|
276
|
|
|
Yosemite Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2010-D,
0% 8/1/2031
|
500
|
390
|
|
|
|
|
|
559,295
|
|
Missouri 0.01%
|
|
|
|
|
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program),
Series 2015-A, 3.75% 5/1/2038
|
60
|
60
|
|
|
Texas 0.08%
|
|
|
|
|
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Christus Health), Series 2018-A,
5.00% 7/1/2024
|
500
|
516
|
|
|
United States 0.28%
|
|
|
|
|
Freddie Mac, Multi Family Mortgage Bonds, Series 2019-ML-05, Class ACA, 3.35% 11/25/2033
|
1,901
|
1,831
|
|
|
Total bonds, notes & other debt instruments (cost: $572,375,000)
|
|
|
561,702
|
|
Short-term securities 12.96%
Municipals 12.96%
|
|
|
|
|
Fin. Auth., Recovery Zone Fac. Bonds (Chevron U.S.A., Inc. Project), Series 2010-B, 0.65% 11/1/20351
|
9,900
|
9,900
|
|
|
City of Irvine, Reassessment Dist. No. 87-8, Limited Obligation Improvement Bonds, Series 1999,
0.51% 9/2/20241
|
1,000
|
1,000
|
|
|
Irvine Ranch Water Dist. Nos. 105, 140, 240 and 250, Consolidated G.O. Bonds, Series 1993, 0.50% 4/1/20331
|
17,400
|
17,400
|
|
|
Kern Community College Dist., Facs. Improvement Dist. No. 1, G.O. Bond Anticipation Notes,
Capital Appreciation Notes, Series 2020, 0% 8/1/2023
|
2,000
|
1,975
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Demand Rev. Bonds, Series 2002-A-2,
0.51% 7/1/20351
|
2,000
|
2,000
|
|
|
City of Los Angeles, Dept. of Water and Power, Rev. Bonds, Series 2021-A-1, 0.40% 7/1/20501
|
8,500
|
8,500
|
|
|
City of Los Angeles, Tax and Rev. Anticipation Notes, Series 2022, 4.00% 6/29/2023
|
3,000
|
3,020
|
|
|
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2016-B-2,
0.40% 7/1/20371
|
2,235
|
2,235
|
|
|
Municipal Fin. Auth., Pollution Control Rev. Ref. Bonds (Chevron U.S.A., Inc. Project), Series 2005,
0.76% 6/1/20251
|
2,200
|
2,200
|
|
|
Pollution Control Fncg. Auth., Environmental Impact Rev. Bonds (Air Products and Chemicals, Inc. Project),
Series 1997-B, 0.37% 3/1/20421
|
14,300
|
14,300
|
|
|
County of Riverside, Tax and Rev. Anticipation Notes, Series 2022, 5.00% 6/30/2023
|
5,000
|
5,054
|
|
|
San Diego Unified School Dist., Tax and Rev. Anticipation Notes, Series 2022-A, 4.00% 6/30/2023
|
3,585
|
3,608
|
|
|
Statewide Communities Dev. Auth., Pollution Control Rev. Ref. Bonds (Chevron U.S.A., Inc. Project), Series 2002,
0.76% 5/15/20241
|
2,435
|
2,435
|
|
|
Regents of the University of California, General Rev. Bonds, Series 2013-AL-1, 0.36% 5/15/20481
|
5,850
|
5,850
|
|
Capital Group California Core Municipal Fund — Page 13 of 23
unaudited
|
Short-term securities (continued)
Municipals (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Regents of the University of California, General Rev. Bonds, Series 2013-AL-2, 0.40% 5/15/20481
|
USD800
|
$800
|
|
|
Regents of the University of California, Medical Center Pooled Rev. Bonds, Series 2007-B-1, 0.45% 5/15/20321
|
2,500
|
2,500
|
|
|
Regents of the University of California, Medical Center Pooled Rev. Bonds, Series 2020-O-1, 0.45% 5/15/20451
|
2,000
|
2,000
|
|
|
Total short-term securities (cost: $84,801,000)
|
|
|
84,777
|
|
Total investment securities 98.83% (cost: $657,176,000)
|
|
|
646,479
|
|
Other assets less liabilities 1.17%
|
|
|
7,683
|
|
Net assets 100.00%
|
|
|
$654,162
|
Futures contracts
|
Contracts
|
Type
|
Number of
contracts
|
Expiration
|
Notional
amount
(000)
|
Value and
unrealized
(depreciation)
appreciation
at 1/31/2023
(000)
|
|
2 Year U.S. Treasury Note Futures
|
Long
|
80
|
March 2023
|
USD16,452
|
$(43)
|
|
5 Year U.S. Treasury Note Futures
|
Long
|
859
|
March 2023
|
93,839
|
919
|
|
10 Year Ultra U.S. Treasury Note Futures
|
Short
|
186
|
March 2023
|
(22,544)
|
(36)
|
|
30 Year Ultra U.S. Treasury Bond Futures
|
Short
|
105
|
March 2023
|
(14,883)
|
(540)
|
|
|
|
|
|
|
$300
|
|
1
|
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. For short-term
securities, the date of the next
scheduled coupon rate change is considered to be the maturity date.
|
|
2
|
Step bond; coupon rate may change at a later date.
|
|
3
|
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 $6,886,000, which represented
1.05% of the net assets of the fund.
|
|
Key to abbreviations
|
|
Agcy. = Agency
|
|
Assn. = Association
|
|
Auth. = Authority
|
|
Certs. = Certificates
|
|
Dept. = Department
|
|
Dev. = Development
|
|
Dist. = District
|
|
Dists. = Districts
|
|
Econ. = Economic
|
|
Fac. = Facility
|
|
Facs. = Facilities
|
|
|
|
Fin. = Finance
|
|
Fncg. = Financing
|
|
G.O. = General Obligation
|
|
Part. = Participation
|
|
Preref. = Prerefunded
|
|
Redev. = Redevelopment
|
|
Ref. = Refunding
|
|
Rev. = Revenue
|
|
SIFMA = Securities Industry and Financial Markets Association
|
|
USD = U.S. dollars
|
Capital Group California Core Municipal Fund — Page 14 of 23
Capital Group California Short-Term Municipal Fund
Investment portfolio
January 31, 2023
Investment portfolio
January 31, 2023
unaudited
|
Bonds, notes & other debt instruments 87.33%
California 87.33%
|
|
Principal amount
(000)
|
Value
(000)
|
|
City of Anaheim, Housing and Public Improvements Auth., Rev. Bonds
(Electric Utility Distribution System Improvements), Series 2020-A, 5.00% 10/1/2023
|
USD200
|
$204
|
|
|
City of Bakersfield, Wastewater Rev. Ref. Bonds, Series 2015-A, 5.00% 9/15/2027
|
1,000
|
1,074
|
|
|
Trustees of the California State University, Systemwide Rev. Bonds, Series 2013-A, 5.00% 11/1/2023
|
400
|
408
|
|
|
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-3,
4.00% 11/1/2051 (put 11/1/2023)
|
650
|
652
|
|
|
Chino Basin Regional Fin. Auth., Rev. Notes (Inland Empire Utilities Interim Fncg.), Series 2020-B,
4.00% 11/1/2025
|
500
|
522
|
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2023
|
395
|
396
|
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2024
|
410
|
413
|
|
|
City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2025
|
430
|
436
|
|
|
Citrus Community College Dist., G.O. Bonds, 2020 Election, Series 2021-A, 4.00% 8/1/2025
|
370
|
387
|
|
|
Coast Community College Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2006-B,
Assured Guaranty Municipal insured, 0% 8/1/2026
|
1,205
|
1,111
|
|
|
Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-B-1,
5.00% 7/1/2053 (put 8/1/2029)
|
900
|
964
|
|
|
Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1,
5.00% 12/1/2053 (put 8/1/2029)
|
1,000
|
1,068
|
|
|
Compton Unified School Dist., G.O. Bonds, 2015 Election, Series 2019-B, BAM insured, 5.00% 6/1/2025
|
125
|
133
|
|
|
Compton Unified School Dist., G.O. Bonds, 2015 Election, Series 2019-B, BAM insured, 5.00% 6/1/2027
|
500
|
560
|
|
|
Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 4.00% 9/1/2024
|
400
|
405
|
|
|
Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 4.00% 9/1/2025
|
410
|
419
|
|
|
East Side Union High School Dist., G.O. Rev. Ref. Bonds, Series 2020, BAM insured, 5.00% 8/1/2025
|
845
|
904
|
|
|
Eastern Municipal Water Dist., Community Facs. Dist. No. 2017-79 (Eagle Crest), Special Tax Bonds, Series 2021,
4.00% 9/1/2023
|
255
|
256
|
|
|
Eastern Municipal Water Dist., Community Facs. Dist. No. 2017-79 (Eagle Crest), Special Tax Bonds, Series 2021,
4.00% 9/1/2025
|
275
|
280
|
|
|
Eastern Municipal Water Dist., Fin. Auth., Water and Wastewater Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2024
|
225
|
234
|
|
|
Eastern Municipal Water Dist., Fin. Auth., Water and Wastewater Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2026
|
300
|
330
|
|
|
Educational Facs. Auth., Rev. Bonds (Chapman University), Series 2021-A, 5.00% 4/1/2025
|
425
|
449
|
|
|
County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), Special Tax Rev. Ref. Bonds,
Series 2012, 5.00% 9/1/2025
|
1,000
|
1,002
|
|
|
Escondido Union High School Dist., G.O. Bonds, 2008 Election, Series 2009-A, Assured Guaranty insured,
0% 8/1/2028
|
500
|
430
|
|
|
Fowler Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured,
4.00% 8/1/2024
|
745
|
762
|
|
|
G.O. Bonds, Series 2022, 5.00% 4/1/2027
|
1,000
|
1,118
|
|
|
G.O. Rev. Ref. Bonds, Series 2022-B, 4.00% 9/1/2028
|
700
|
770
|
|
|
G.O. Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2028
|
500
|
581
|
|
|
G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2029
|
1,000
|
1,171
|
|
|
G.O. Rev. Ref. Bonds, Series 2022, 4.00% 9/1/2029
|
750
|
836
|
|
|
G.O. Rev. Ref. Bonds, Series 2021, 5.00% 9/1/2029
|
500
|
591
|
|
|
G.O. Rev. Ref. Bonds, Series 2016, 4.00% 9/1/2031
|
1,100
|
1,165
|
|
|
Glendale Community College Dist., G.O. Rev. Ref. Bonds, 2016 Election, Series 2020-B, 4.00% 8/1/2023
|
500
|
504
|
|
|
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2015-A,
5.00% 6/1/2033 (preref. 6/1/2025)
|
720
|
766
|
|
|
Grossmont Healthcare Dist., G.O. Rev. Ref. Bonds, Series 2021-E, 5.00% 7/15/2028
|
320
|
365
|
|
Capital Group California Short-Term Municipal Fund — Page 15 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2013-A, 5.00% 3/1/2024
|
USD410
|
$411
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (El Camino Hospital), Series 2017, 5.00% 8/15/2025 (escrowed to maturity)
|
400
|
429
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2016-B-2,
4.00% 10/1/2036 (put 10/1/2024)
|
110
|
113
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2019-B,
5.00% 10/1/2039 (put 10/1/2027)
|
565
|
624
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2025
|
400
|
428
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2016-A, 5.00% 11/15/2026 (preref. 11/15/2025)
|
275
|
296
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2027
|
1,000
|
1,124
|
|
|
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2016-A, 5.00% 11/15/2046 (preref. 11/15/2025)
|
250
|
269
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Lucile Salter Packard Children’s Hospital at Stanford), Series 2022-A,
5.00% 5/15/2024
|
680
|
700
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Marshall Medical Center), Series 2015, 5.00% 11/1/2028
|
315
|
331
|
|
|
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-B, 5.00% 11/15/2026
|
700
|
769
|
|
|
Hemet Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured,
4.00% 8/1/2024
|
500
|
511
|
|
|
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2021-B-2,
3.00% 10/1/2047 (put 10/1/2026)
|
1,500
|
1,527
|
|
|
City of Irvine, Reassessment Dist. No. 12-1, Limited Obligation Improvement Bonds, Series 2015, 5.00% 9/2/2024
|
1,000
|
1,038
|
|
|
City of Irvine, Reassessment Dist. No. 12-1, Limited Obligation Improvement Bonds, Series 2015, 5.00% 9/2/2029
|
1,000
|
1,048
|
|
|
Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2017-A, BAM insured,
5.00% 9/1/2025
|
250
|
262
|
|
|
Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds
(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2027
|
285
|
301
|
|
|
Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds
(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2028
|
275
|
298
|
|
|
County of Kern, Water Agcy., Improvement Dist. No. 4, Water Rev. Ref. Bonds, Series 2016-A,
Assured Guaranty Municipal insured, 5.00% 5/1/2023
|
800
|
805
|
|
|
Kern Community College Dist., Facs. Improvement Dist. No. 1, G.O. Bonds, 2016 Election, Series 2020-C,
4.00% 8/1/2026
|
645
|
684
|
|
|
La Canada Unified School Dist., G.O. Bonds, 2017 Election, Series 2020-B, 4.00% 8/1/2024
|
425
|
437
|
|
|
City of Lake Elsinore, Facs. Fin. Auth., Local Agcy. Rev. Ref. Bonds, Series 2021-B,
Assured Guaranty Municipal insured, 4.00% 9/1/2026
|
195
|
206
|
|
|
City of Lake Elsinore, Facs. Fin. Auth., Local Agcy. Rev. Ref. Bonds, Series 2021-B,
Assured Guaranty Municipal insured, 4.00% 9/1/2027
|
210
|
226
|
|
|
City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Ref. Bonds, Series 2022-E,
5.00% 5/15/2030
|
250
|
298
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2014-D, 4.00% 7/1/2023
|
500
|
504
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2014-B, 5.00% 7/1/2023
|
825
|
834
|
|
|
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2017-B, 5.00% 7/1/2033
|
700
|
776
|
|
|
City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2025
|
500
|
535
|
|
|
City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2026
|
300
|
330
|
|
|
City of Los Angeles, Solid Waste Resources Rev. Bonds, Series 2013-A, 2.00% 2/1/2023
|
500
|
500
|
|
|
County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1,
Special Tax Bonds, Series 2022, 5.00% 9/1/2029
|
150
|
168
|
|
|
County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1,
Special Tax Bonds, Series 2022, 5.00% 9/1/2030
|
175
|
193
|
|
|
County of Los Angeles, Metropolitan Transportation Auth., Measure R Sales Tax Rev. Ref. Green Bonds,
Series 2020-A, 5.00% 6/1/2026
|
400
|
439
|
|
|
County of Los Angeles, Metropolitan Transportation Auth., Proposition C Sales Tax Rev. Bonds, Series 2021-A,
5.00% 7/1/2027
|
1,425
|
1,606
|
|
|
Los Angeles Community College Dist., G.O. Bonds, 2016 Election, Series 2022-C-1, 5.00% 8/1/2026
|
1,500
|
1,652
|
|
|
Los Angeles County Facs., Inc., Lease Rev. Bonds (Vermont Corridor County Administration Building),
Series 2018-A, 5.00% 12/1/2051 (preref. 12/1/2028)
|
1,000
|
1,150
|
|
Capital Group California Short-Term Municipal Fund — Page 16 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, Series 2020-RYQ,
5.00% 7/1/2025
|
USD750
|
$801
|
|
|
Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds,
Series 2016-B, 5.00% 7/1/2027
|
750
|
824
|
|
|
Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds,
Series 2017-A, 5.00% 7/1/2026
|
500
|
549
|
|
|
Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015-A, 5.00% 7/1/2023
|
685
|
692
|
|
|
Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014-C, 5.00% 7/1/2025
|
500
|
520
|
|
|
Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014-D, 5.00% 7/1/2026
|
500
|
521
|
|
|
Menifee Union School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2026
|
755
|
792
|
|
|
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2022-B, 3.00% 7/1/2028
|
955
|
1,002
|
|
|
Modesto Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2016, 5.00% 10/1/2023
|
160
|
163
|
|
|
Modesto Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2021, 5.00% 7/1/2026
|
635
|
694
|
|
|
Monrovia Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, 5.00% 8/1/2027
|
1,005
|
1,076
|
|
|
Mountain View Whisman School Dist., G.O. Bonds, 2012 Election, Series 2016-B, 5.00% 9/1/2025
|
610
|
656
|
|
|
Municipal Fin. Auth., Multi Family Housing Rev. Bonds (Walnut Apartments), Series 2021-A,
0.45% 12/1/2024 (put 12/1/2023)
|
700
|
680
|
|
|
Municipal Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Capital Appreciation Bonds,
Series 2010, Assured Guaranty Municipal insured, 0% 9/1/2023
|
260
|
256
|
|
|
Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Davis II, LLC - Orchard Park Student Housing Project),
Series 2021, BAM insured, 5.00% 5/15/2025
|
400
|
419
|
|
|
Napa Valley Unified School Dist., G.O. Rev. Ref. Bonds, Series 2013, 5.00% 8/1/2024 (preref. 8/1/2023)
|
250
|
253
|
|
|
New Haven Unified School Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds, Series 2012,
Assured Guaranty Municipal insured, 0% 8/1/2023
|
965
|
953
|
|
|
Northern California Energy Auth., Commodity Supply Rev. Bonds, Series 2018, 4.00% 7/1/2049 (put 7/1/2024)
|
750
|
755
|
|
|
County of Orange, Sanitation Dist., Wastewater Rev. Ref. Obligations, Series 2021-A, 5.00% 2/1/2026
|
750
|
814
|
|
|
County of Orange, Water Dist. Rev. Ref. Bonds, Series 2019-C, 5.00% 8/15/2024
|
500
|
521
|
|
|
Pasadena Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, 5.00% 8/1/2024
|
655
|
682
|
|
|
Peralta Community College Dist., G.O. Bonds, 2006 Election, Series 2020-E-1, 5.00% 8/1/2025
|
1,000
|
1,066
|
|
|
City of Perris, Joint Powers Auth., Local Agcy. Rev. Ref. Bonds
(CFD No. 2001-1 IA No. 4 and No. 5; CFD No. 2005-1 IA No. 4), Series 2017-B, 5.00% 9/1/2024
|
990
|
1,019
|
|
|
Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2024
|
240
|
246
|
|
|
Public Fin. Auth., Rev. Ref. Bonds (O’Conner Woods), Series 2022, 4.00% 1/1/2026
|
440
|
461
|
|
|
Public Works Board, Lease Rev. Bonds (Dept. of Corrections, Various State Prisons), Series 2017-D,
5.00% 9/1/2029
|
500
|
564
|
|
|
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2021-B, 5.00% 5/1/2027
|
275
|
308
|
|
|
Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2022-C, 5.00% 8/1/2024
|
510
|
531
|
|
|
Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2017-B, 5.00% 10/1/2024
|
330
|
345
|
|
|
City of Rancho Cordova, Community Facs. Dist. No. 2018-1 (The Grantline 208 Project), Special Tax Bonds,
Series 2021-B, 3.00% 9/1/2024
|
85
|
85
|
|
|
City of Rancho Cordova, Community Facs. Dist. No. 2018-1 (The Grantline 208 Project), Special Tax Bonds,
Series 2021-B, 4.00% 9/1/2026
|
105
|
108
|
|
|
City of Rancho Cordova, Community Facs. Dist. No. 2018-1 (The Grantline 208 Project), Special Tax Bonds,
Series 2021-B, 4.00% 9/1/2028
|
120
|
124
|
|
|
City of Richmond, Wastewater Rev. Ref. Bonds, Series 2019-B, 5.00% 8/1/2023
|
940
|
952
|
|
|
RNR School Fncg. Auth., Community Facs. Dist. No. 92-1, Special Tax Bonds, Series 2017-A, BAM insured,
5.00% 9/1/2028
|
1,000
|
1,086
|
|
|
Roseville Joint Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2007-C,
0% 8/1/2025
|
510
|
479
|
|
|
Roseville Joint Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2007-C,
Assured Guaranty Municipal insured, 0% 8/1/2026
|
870
|
799
|
|
|
City of Sacramento, Community Facs. Dist. No. 4 (North Natomas), Special Tax Rev. Ref. Bonds, Series 2013-E,
5.25% 9/1/2025
|
1,000
|
1,015
|
|
|
City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.25% 7/1/2024
|
80
|
82
|
|
|
City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 2019-A, 5.00% 8/15/2049 (put 7/13/2023)
|
1,000
|
1,005
|
|
Capital Group California Short-Term Municipal Fund — Page 17 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
City of Sacramento, Municipal Utility Dist., Electric Rev. Ref. Bonds, Series 2018-F, 5.00% 8/15/2026
|
USD500
|
$551
|
|
|
Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2023
|
450
|
453
|
|
|
Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2024
|
520
|
532
|
|
|
Sacramento Unified School Dist., G.O. Rev. Ref. Bonds, Series 2022, BAM insured, 5.00% 7/1/2027
|
815
|
908
|
|
|
City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds,
Series 2021, 4.00% 9/1/2026
|
485
|
511
|
|
|
City of San Diego, Public Facs. Fncg. Auth., Lease Rev. Bonds (Capital Improvement Projects), Series 2021-A,
5.00% 10/15/2027
|
255
|
287
|
|
|
City of San Diego, Public Facs. Fncg. Auth., Sewer Rev. Bonds, Series 2022-A, 5.00% 5/15/2027
|
500
|
560
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2023
|
500
|
505
|
|
|
County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2024
|
500
|
518
|
|
|
County of San Diego, Regional Transportation Commission, Limited Sales Tax Rev. Bonds, Series 2021-B,
5.00% 4/1/2026
|
140
|
153
|
|
|
County of San Diego, Water Auth., Water Rev. Ref. Green Bonds, Series 2021-B, 5.00% 5/1/2030
|
230
|
277
|
|
|
San Diego Unified School Dist., G.O. Green Bonds, 2018 Election, Series 2022-F-2, 5.00% 7/1/2029
|
810
|
955
|
|
|
City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds,
Series 2009-D-2, 4.00% 5/1/2023 (escrowed to maturity)
|
400
|
402
|
|
|
City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds,
Series 2016-A-2, 5.00% 5/1/2024
|
400
|
413
|
|
|
City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds,
Series 2019-D-2, 5.00% 5/1/2026
|
500
|
544
|
|
|
City and County of San Francisco, Community Facs. Dist. No. 2014-1 (Transbay Transit Center), Special Tax Bonds,
Series 2022-A, 5.00% 9/1/2028
|
145
|
163
|
|
|
City and County of San Francisco, Community Facs. Dist. No. 2014-1 (Transbay Transit Center), Special Tax Bonds,
Series 2022-A, 5.00% 9/1/2029
|
195
|
222
|
|
|
City and County of San Francisco, Community Facs. Dist. No. 2014-1 (Transbay Transit Center), Special Tax Bonds,
Series 2022-A, 5.00% 9/1/2030
|
155
|
179
|
|
|
City and County of San Francisco, G.O. Bonds (Earthquake Safety and Emergency Response), Series 2021-E-1,
5.00% 6/15/2025
|
815
|
870
|
|
|
City and County of San Francisco, G.O. Rev. Ref. Bonds, Series 2020-R-1, 5.00% 6/15/2030
|
1,100
|
1,267
|
|
|
City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Ref. Bonds,
Series 2016-A, 5.00% 11/1/2027
|
1,000
|
1,109
|
|
|
San Gabriel Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2012-B,
0% 8/1/2023
|
200
|
197
|
|
|
City of San Jacinto, Community Facs. Dist. No. 2002-1 (Rancho San Jacinto Phase 2), Special Tax Rev. Ref. Bonds,
Series 2016, 5.00% 9/1/2027
|
900
|
963
|
|
|
City of San Jose, Airport Rev. Ref. Bonds, Series 2021-A, BAM insured, 5.00% 3/1/2026
|
440
|
477
|
|
|
Santa Margarita Water Dist., Community Facs. Dist. No. 99-1 (Talega), Special Tax Rev. Ref. Bonds, Series 2014-B,
5.00% 9/1/2029
|
1,000
|
1,033
|
|
|
Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 1 (Santa Monica Schools),
G.O. Bonds, 2018 Election, Series 2021-B, 4.00% 8/1/2024
|
485
|
498
|
|
|
Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 1 (Santa Monica Schools),
G.O. Bonds, 2018 Election, Series 2021-B, 4.00% 8/1/2025
|
335
|
350
|
|
|
City of Santee, Community Facs. Dist. No. 2017-1 (Weston Infrastructure), Special Tax Bonds, Series 2019,
5.00% 9/1/2023
|
160
|
162
|
|
|
City of Santee, Community Facs. Dist. No. 2017-1 (Weston Infrastructure), Special Tax Bonds, Series 2019,
5.00% 9/1/2024
|
170
|
175
|
|
|
Silicon Valley Clean Water, Wastewater Rev. Bonds, Series 2018, 5.00% 8/1/2028
|
500
|
570
|
|
|
Silicon Valley Clean Water, Wastewater Rev. Notes, Series 2021-B, 0.50% 3/1/2026
|
1,350
|
1,253
|
|
|
Southern California Public Power Auth., Rev. Ref. Green Bonds (Linden Wind Energy Project), Series 2020-A,
5.00% 4/1/2024
|
550
|
564
|
|
|
Southern California Public Power Auth., Rev. Ref. Green Bonds (Milford Wind Corridor Phase II Project),
Series 2021-1, 5.00% 7/1/2024
|
520
|
540
|
|
|
Statewide Communities Dev. Auth., Health Fac. Rev. Ref. Bonds (Los Angeles Jewish Home for the Aging),
Series 2019-A, 4.00% 11/15/2023
|
250
|
253
|
|
Capital Group California Short-Term Municipal Fund — Page 18 of 23
unaudited
|
Bonds, notes & other debt instruments (continued)
California (continued)
|
|
Principal amount
(000)
|
Value
(000)
|
|
Statewide Communities Dev. Auth., Health Fac. Rev. Ref. Bonds (Los Angeles Jewish Home for the Aging),
Series 2019-B, 4.00% 11/15/2023
|
USD660
|
$668
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Harriet Tubman Terrace Apartments),
Series 2021-Q, 0.24% 4/1/2024 (put 4/1/2023)
|
2,000
|
1,988
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Noble Creek Apartments), Series 2022-J,
3.50% 8/1/2025 (put 8/1/2024)
|
1,476
|
1,483
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-K-1,
3.50% 2/1/2026 (put 2/1/2024)
|
500
|
500
|
|
|
Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-L-1,
3.50% 3/1/2026 (put 3/1/2024)
|
500
|
500
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2023
|
135
|
135
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2024
|
200
|
204
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2025
|
415
|
433
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Cottage Health System Obligated Group), Series 2015,
5.00% 11/1/2043 (preref. 11/1/2024)
|
1,500
|
1,567
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Huntington Memorial Hospital), Series 2018, 5.00% 7/1/2026
|
325
|
351
|
|
|
Statewide Communities Dev. Auth., Rev. Bonds (Viamonte Senior Living 1 Project), Series 2018-B,
3.00% 7/1/2026
|
500
|
501
|
|
|
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - University of California,
Irvine East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2027
|
850
|
934
|
|
|
Sweetwater Union High School Dist., G.O. Rev. Ref. Bonds, Series 2014, BAM insured, 5.00% 8/1/2026
|
350
|
363
|
|
|
Torrance Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2009-B-1,
0% 8/1/2023
|
250
|
247
|
|
|
Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2025
|
1,500
|
1,581
|
|
|
Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2026
|
550
|
590
|
|
|
Twin Rivers Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured,
5.00% 8/1/2027
|
225
|
246
|
|
|
Ukiah Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2005 Election, Series 2006, National insured,
0% 8/1/2023
|
440
|
435
|
|
|
Regents of the University of California, G.O. Rev. Bonds, Series 2013-AK, 5.00% 5/15/2048 (put 5/15/2023)
|
780
|
786
|
|
|
Regents of the University of California, General Rev. Bonds, Series 2023-BM, 5.00% 5/15/2028
|
500
|
574
|
|
|
Val Verde Unified School Dist., G.O. Bonds, 2020 Election, Series 2020-A, BAM insured, 4.00% 8/1/2023
|
450
|
454
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2016-B, 3.50% 12/1/2045
|
290
|
290
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2019-A, 4.00% 12/1/2049
|
965
|
978
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2020-A, 3.00% 12/1/2050
|
1,245
|
1,233
|
|
|
Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2022-A, 5.50% 12/1/2052
|
580
|
635
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2017-CQ, 4.00% 12/1/2047
|
445
|
449
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2018-CR, 4.00% 12/1/2048
|
835
|
846
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2020-CT, 3.00% 12/1/2050
|
1,765
|
1,747
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2022-CU, 5.50% 12/1/2052
|
1,475
|
1,612
|
|
|
Dept. of Veterans Affairs, Veterans G.O. Rev. Ref. Bonds, Series 2016-CN, 3.50% 12/1/2045
|
485
|
485
|
|
|
Dept. of Water Resources, Water System Rev. Bonds (Central Valley Project), Series 2021-BD, 5.00% 12/1/2028
|
325
|
380
|
|
|
West Contra Costa Unified School Dist., G.O. Bonds, 2012 Election, Series 2020-E,
Assured Guaranty Municipal insured, 4.00% 8/1/2026
|
640
|
675
|
|
|
West Contra Costa Unified School Dist., G.O. Rev. Ref. Bonds, Series 2017-A-1, 5.00% 8/1/2024
|
250
|
260
|
|
|
Westside Union School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2002-A, National insured,
0% 8/1/2027
|
1,000
|
885
|
|
|
William S. Hart Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2001 Election, Series 2005-B,
Assured Guaranty Municipal insured, 0% 9/1/2025
|
1,000
|
938
|
|
|
City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds,
Series 2021, 4.00% 9/1/2026
|
160
|
167
|
|
|
City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds,
Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2027
|
180
|
189
|
|
|
City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds,
Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2028
|
200
|
212
|
|
Capital Group California Short-Term Municipal Fund — Page 19 of 23
unaudited
|
Short-term securities 10.60%
Municipals 10.60%
|
|
Principal amount
(000)
|
Value
(000)
|
|
Fin. Auth., Recovery Zone Fac. Bonds (Chevron U.S.A., Inc. Project), Series 2010-A, 0.76% 11/1/20351
|
USD4,100
|
$4,100
|
|
|
City of Los Angeles, Dept. of Water and Power, Water System Bonds, Series 2019-A, 0.51% 7/1/20491
|
4,800
|
4,800
|
|
|
City of Los Angeles, Tax and Rev. Anticipation Notes, Series 2022, 4.00% 6/29/2023
|
500
|
503
|
|
|
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2016-B-2,
0.40% 7/1/20371
|
1,665
|
1,665
|
|
|
San Diego Unified School Dist., Tax and Rev. Anticipation Notes, Series 2022-A, 4.00% 6/30/2023
|
715
|
720
|
|
|
Regents of the University of California, Medical Center Pooled Rev. Bonds, Series 2020-O-1, 0.45% 5/15/20451
|
1,850
|
1,850
|
|
|
Total short-term securities (cost: $13,639,000)
|
|
|
13,638
|
|
Total investment securities 97.93% (cost: $127,061,000)
|
|
|
125,959
|
|
Other assets less liabilities 2.07%
|
|
|
2,666
|
|
Net assets 100.00%
|
|
|
$128,625
|
Futures contracts
|
Contracts
|
Type
|
Number of
contracts
|
Expiration
|
Notional
amount
(000)
|
Value and
unrealized
appreciation
(depreciation)
at 1/31/2023
(000)
|
|
2 Year U.S. Treasury Note Futures
|
Short
|
17
|
March 2023
|
USD(3,496)
|
$—2
|
|
5 Year U.S. Treasury Note Futures
|
Long
|
154
|
March 2023
|
16,823
|
143
|
|
10 Year Ultra U.S. Treasury Note Futures
|
Short
|
21
|
March 2023
|
(2,545)
|
(15)
|
|
30 Year Ultra U.S. Treasury Bond Futures
|
Short
|
13
|
March 2023
|
(1,843)
|
(65)
|
|
|
|
|
|
|
$63
|
|
1
|
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. For short-term
securities, the date of the next
scheduled coupon rate change is considered to be the maturity date.
|
|
2
|
Amount less than one thousand.
|
|
Key to abbreviations
|
|
Agcy. = Agency
|
|
Auth. = Authority
|
|
Dept. = Department
|
|
Dev. = Development
|
|
Dist. = District
|
|
Dists. = Districts
|
|
Econ. = Economic
|
|
Fac. = Facility
|
|
|
|
Facs. = Facilities
|
|
Fin. = Finance
|
|
Fncg. = Financing
|
|
G.O. = General Obligation
|
|
Preref. = Prerefunded
|
|
Ref. = Refunding
|
|
Rev. = Revenue
|
|
USD = U.S. dollars
|
Capital Group California Short-Term Municipal Fund — Page 20 of 23
unaudited
Valuation
Capital Research and Management Company ("CRMC"), the funds’ investment adviser, values each fund’s investments at fair value as defined by accounting principles generally accepted in the United State of America. 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.
Methods and inputs — The funds’ investment adviser uses the following methods and inputs to establish the fair value of each 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.
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 funds are 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.
|
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”)
|
|
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
|
Exchange-traded futures are generally valued at the official settlement price of the exchange or market on which such instruments
are traded, as of the close of business on the day the futures are being valued. The average month-end notional amounts of futures contracts
while held by Capital Group California Core Municipal Fund and Capital Group California Short-Term Municipal Fund were $98,655,000 and $15,555,000,
respectively.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the funds’ investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the funds’ 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, contractual or legal 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 of the funds 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 funds’ 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 funds’ board and audit committee also regularly review reports that describe fair value determinations and methods.
Private Client Services Funds — Page 21 of 23
unaudited
Classifications — The funds’ investment adviser classifies each 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 funds’ valuation levels as of January 31, 2023, are as follows (dollars in thousands):
Capital Group California Core Municipal Fund
|
|
Investment securities
|
|||
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Assets:
|
|
|
|
|
|
Bonds, notes & other debt instruments:
|
|
|
|
|
|
Municipals
|
$—
|
$561,702
|
$—
|
$561,702
|
|
Short-term securities
|
—
|
84,777
|
—
|
84,777
|
|
Total
|
$—
|
$646,479
|
$—
|
$646,479
|
|
|
Other investments*
|
|||
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Assets:
|
|
|
|
|
|
Unrealized appreciation on futures contracts
|
$919
|
$—
|
$—
|
$919
|
|
Liabilities:
|
|
|
|
|
|
Unrealized depreciation on futures contracts
|
(619)
|
—
|
—
|
(619)
|
|
Total
|
$300
|
$—
|
$—
|
$300
|
*
Futures contracts are not included in the fund’s investment portfolio.
Capital Group California Short-Term Municipal Fund
|
|
Investment securities
|
|||
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Assets:
|
|
|
|
|
|
Bonds, notes & other debt instruments:
|
|
|
|
|
|
Municipals
|
$—
|
$112,321
|
$—
|
$112,321
|
|
Short-term securities
|
—
|
13,638
|
—
|
13,638
|
|
Total
|
$—
|
$125,959
|
$—
|
$125,959
|
|
|
Other investments*
|
|||
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Assets:
|
|
|
|
|
|
Unrealized appreciation on futures contracts
|
$143
|
$—
|
$—
|
$143
|
|
Liabilities:
|
|
|
|
|
|
Unrealized depreciation on futures contracts
|
(80)
|
—
|
—
|
(80)
|
|
Total
|
$63
|
$—
|
$—
|
$63
|
*
Futures contracts are not included in the fund’s investment portfolio.
Private Client Services Funds — Page 22 of 23
unaudited
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 the investment objectives, risks, charges and expenses of the Capital Private Client Services
Funds. This and other important information is contained in the prospectus, which can be obtained from your investment counselor and should
be read carefully before investing.
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.
American Funds Distributors, Inc., member FINRA.
© 2023 Capital Group. All rights reserved.
MFGEFP1-380-0323O-S89745
Private Client Services Funds — Page 23 of 23