NPORT-EX 3 edgar.htm
EuroPacific Growth Fund®
Investment portfolio
June 30, 2020
unaudited
Common stocks 94.66%
Consumer discretionary 17.53% 		Shares Value
(000)
MercadoLibre, Inc.1,2 4,180,589 $4,121,099
Alibaba Group Holding Ltd.2,3 134,697,533 3,639,898
LVMH Moët Hennessy-Louis Vuitton SE3 5,606,180 2,455,501
Flutter Entertainment PLC (GBP denominated)1,3 6,798,693 891,523
Flutter Entertainment PLC (EUR denominated)1,3 5,450,332 715,427
Sony Corp.3 22,651,200 1,551,184
Meituan Dianping, Class B2,3 59,832,958 1,329,088
adidas AG2,3 4,780,855 1,250,766
Just Eat Takeaway (GBP denominated)1,2,3 6,590,593 690,225
Just Eat Takeaway (EUR denominated)1,2,3 3,151,312 327,907
Galaxy Entertainment Group Ltd.3 137,941,000 936,599
Kering SA3 1,649,011 895,693
EssilorLuxottica2,3 6,888,983 882,957
Delivery Hero SE2,3 8,138,155 829,174
Hermès International3 630,238 526,011
Melco Resorts & Entertainment Ltd. (ADR)1 32,625,886 506,354
Industria de Diseño Textil, SA3 18,534,026 490,026
Prosus NV2,3 5,191,380 481,814
GVC Holdings PLC1,3 46,288,920 424,119
Fast Retailing Co., Ltd.3 706,800 404,683
Evolution Gaming Group AB3 5,825,520 346,953
ASOS PLC1,2,3 5,980,776 253,459
Naspers Ltd., Class N3 1,232,289 224,807
Maruti Suzuki India Ltd.3 2,794,233 217,190
Barratt Developments PLC3 33,323,000 204,406
Central Retail Corp. PCL, foreign registered2,3 179,357,000 192,613
Nitori Holdings Co., Ltd.3 971,600 190,293
Persimmon PLC2,3 6,080,000 171,940
Sands China Ltd.3 42,654,800 166,918
B2W - Cia. Digital, ordinary nominative2 7,096,000 139,686
Taylor Wimpey PLC3 78,558,400 138,592
Midea Group Co., Ltd., Class A3 14,633,999 123,790
China Tourism Group Duty Free Corp. Ltd., Class A2,3 5,206,934 115,075
Peugeot SA2,3 6,800,000 110,382
Ferrari NV3 630,813 107,487
Wynn Macau, Ltd.3 57,774,800 100,370
Ryohin Keikaku Co., Ltd.3 7,058,300 99,891
Gree Electric Appliances, Inc. of Zhuhai, Class A3 11,618,530 93,404
Bayerische Motoren Werke AG3 1,443,384 91,957
Yum China Holdings, Inc. 1,705,100 81,964
Melco International Development Ltd.3 39,377,000 76,005
Cie. Financière Richemont SA, Class A3 1,129,970 71,955
Pan Pacific International Holdings Corp.3 2,556,599 56,068
Moncler SpA2,3 1,315,000 50,210
Falabella SA 11,675,000 36,955
William Hill PLC3 18,643,148 26,242
Lojas Americanas SA, ordinary nominative 2,573,000 12,903
EuroPacific Growth Fund — Page 1 of 12
unaudited
Common stocks (continued)
Consumer discretionary (continued) 		Shares Value
(000)
Trip.com Group Ltd. (ADR)2 296,300 $7,680
Astra International Tbk PT3 22,208,300 7,467
Burberry Group PLC3 92,256 1,826
    26,868,536
Information technology 14.89%    
ASML Holding NV3 11,589,079 4,248,306
Shopify Inc., Class A, subordinate voting shares2 2,866,300 2,720,692
Keyence Corp.3 6,041,900 2,522,628
Taiwan Semiconductor Manufacturing Company, Ltd.3 180,648,649 1,911,632
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) 8,126,216 461,325
SAP SE3 12,573,593 1,750,188
Samsung Electronics Co., Ltd.3 26,066,453 1,155,503
PagSeguro Digital Ltd., Class A1,2 26,877,697 949,858
STMicroelectronics NV3 24,416,718 662,382
Halma PLC1,3 22,478,479 640,602
Edenred SA1,3,4 13,849,943 605,060
Worldline SA, non-registered shares2,3 6,162,508 532,421
TeamViewer AG2,3 9,127,304 497,971
Adyen NV2,3 302,815 441,168
Nice Ltd. (ADR)2 1,899,840 359,526
Nice Ltd.2,3 252,694 47,734
Temenos AG3,4 2,565,397 397,755
Hexagon AB, Class B2,3 6,324,434 368,629
Tokyo Electron Ltd.3 1,492,300 366,228
Amadeus IT Group SA, Class A, non-registered shares3 6,842,800 356,050
StoneCo Ltd., Class A2 7,612,623 295,065
Capgemini SE3 2,423,354 277,209
Nomura Research Institute, Ltd.3 7,352,400 200,620
OBIC Co., Ltd.3 1,042,863 183,385
Ingenico Group SA2,3 1,024,000 163,063
SimCorp AS3 1,175,949 126,694
Xero Ltd.2,3 1,992,837 124,100
Largan Precision Co., Ltd.3 810,000 111,779
Dassault Systemes SA3 639,344 110,187
NetEase, Inc.3,4 5,040,400 86,884
Hangzhou Hikvision Digital Technology Co., Ltd., Class A3 18,959,894 81,781
Infosys Ltd. (ADR) 5,286,000 51,063
TDK Corp.3 128,000 12,689
    22,820,177
Health care 13.76%    
Daiichi Sankyo Company, Ltd.1,3 39,333,700 3,212,252
Chugai Pharmaceutical Company, Ltd.3 41,284,200 2,206,933
Novartis AG3 17,292,137 1,502,525
AstraZeneca PLC3 13,966,983 1,456,011
WuXi Biologics (Cayman) Inc.2,3 54,349,846 995,849
WuXi Biologics (Cayman) Inc.2 6,099,000 107,808
CSL Ltd.3 3,899,558 773,099
HOYA Corp.3 7,890,851 755,667
Teva Pharmaceutical Industries Ltd. (ADR)1,2 56,229,075 693,305
Takeda Pharmaceutical Company, Ltd.3 19,089,453 681,315
Alcon Inc.2,3 11,807,429 676,521
Olympus Corp.3 33,530,900 645,813
Fresenius SE & Co. KGaA2,3 11,726,344 578,822
EuroPacific Growth Fund — Page 2 of 12
unaudited
Common stocks (continued)
Health care (continued) 		Shares Value
(000)
M3, Inc.3 13,114,351 $557,705
Koninklijke Philips NV (EUR denominated)2,3 10,434,061 485,879
Galapagos NV2,3 2,146,391 421,356
Grifols, SA, Class A, non-registered shares3 11,435,697 346,899
Grifols, SA, Class B (ADR) 3,513,426 64,085
Aier Eye Hospital Group Co., Ltd., Class A3 66,013,099 407,113
Hikma Pharmaceuticals PLC1,3 14,499,283 398,528
Notre Dame Intermédica Participações SA1 31,484,719 393,754
WuXi AppTec Co., Ltd., Class A3 28,051,084 383,454
Novo Nordisk A/S, Class B3 5,805,787 375,699
Lonza Group AG3 699,500 368,842
Coloplast A/S, Class B3 1,815,502 281,455
Asahi Intecc Co., Ltd.3 9,772,200 277,680
bioMérieux SA2,3 1,909,252 262,141
BeiGene, Ltd. (ADR)2 1,093,753 206,063
Fresenius Medical Care AG & Co. KGaA2,3 2,203,725 187,885
Fisher & Paykel Healthcare Corp. Ltd.3 7,935,000 183,498
Sonova Holding AG2,3 888,914 177,251
Hypera SA, ordinary nominative 24,984,400 152,991
Argenx SE (ADR)2 656,000 147,751
Shionogi & Co., Ltd.3 2,131,500 133,431
Genmab A/S2,3 348,343 116,528
Merck KGaA3 940,060 108,981
Yunnan Baiyao Group Co., Ltd., Class A3 7,639,855 101,361
GN Store Nord AS3 1,858,445 98,955
Terumo Corp.3 1,870,000 70,794
GW Pharmaceuticals PLC (ADR)2,4 518,362 63,613
Straumann Holding AG3 46,168 39,597
NMC Health PLC2,3,5 3,105,000 39
    21,099,248
Financials 13.57%    
AIA Group Ltd.3 392,492,201 3,652,952
HDFC Bank Ltd.3 150,423,422 2,144,226
HDFC Bank Ltd. (ADR) 9,553,603 434,307
Kotak Mahindra Bank Ltd.3 98,539,478 1,778,240
London Stock Exchange Group PLC3 10,910,281 1,128,601
B3 SA - Brasil, Bolsa, Balcao1 106,304,300 1,076,903
Ping An Insurance (Group) Company of China, Ltd., Class H3,4 76,203,999 761,053
Ping An Insurance (Group) Company of China, Ltd., Class A3 8,178,157 82,623
UniCredit SpA2,3 78,901,473 724,362
Sberbank of Russia PJSC (ADR)2,3 54,436,716 618,450
ICICI Bank Ltd.3 111,262,904 515,755
ICICI Bank Ltd. (ADR) 9,800,077 91,043
Deutsche Bank AG2,3 53,441,066 506,727
Deutsche Boerse AG3 2,730,364 493,510
Hong Kong Exchanges and Clearing Ltd.3 11,213,100 477,888
BNP Paribas SA2,3 10,359,303 410,675
Barclays PLC3 287,465,562 406,698
FinecoBank SpA2,3 29,253,310 394,191
HDFC Life Insurance Company Ltd.2,3 53,674,566 390,902
Toronto-Dominion Bank (CAD denominated)4 8,356,199 372,939
PICC Property and Casualty Co. Ltd., Class H3 446,035,869 366,949
Brookfield Asset Management Inc., Class A 10,480,978 344,824
Axis Bank Ltd.3 57,971,711 316,054
EuroPacific Growth Fund — Page 3 of 12
unaudited
Common stocks (continued)
Financials (continued) 		Shares Value
(000)
Zurich Insurance Group AG3 856,454 $301,615
Commerzbank AG, non-registered shares2,3 59,879,938 266,596
Housing Development Finance Corp. Ltd.3 9,812,000 230,151
Banco Santander, SA3 88,228,146 215,145
Bank Central Asia Tbk PT3 103,987,200 207,378
Bank Rakyat Indonesia (Persero) Tbk PT3 939,316,100 200,519
Macquarie Group Ltd.3 2,260,698 186,087
The People’s Insurance Company (Group) of China Ltd., Class H3 573,739,215 168,370
3i Group PLC3 13,566,000 139,720
Société Générale2,3 8,241,084 137,106
Capitec Bank Holdings Ltd.3 2,606,636 128,929
Sony Financial Holdings Inc.3 5,244,600 126,227
Turkiye Garanti Bankasi AS2,3 95,149,880 117,387
QBE Insurance Group Ltd.3 17,235,000 105,954
BB Seguridade Participações SA 19,014,000 95,348
Banco BPM SpA2,3 59,907,284 89,203
Royal Bank of Canada 1,241,092 84,205
ING Groep NV3 8,818,056 61,258
Bajaj Finance Ltd.3 1,526,622 57,930
Hiscox Ltd.3 5,459,253 53,290
Banco Bilbao Vizcaya Argentaria, SA3 14,829,850 50,939
Credicorp Ltd. 363,000 48,522
Akbank TAS2,3 46,051,146 40,833
Burford Capital Ltd.3 6,488,198 37,344
Euronext NV3,4 337,700 33,819
IndusInd Bank Ltd.3 4,977,000 31,365
TMX Group Ltd. 268,000 26,498
Discovery Ltd.3 3,425,623 20,625
Metropolitan Bank & Trust Company3 21,213,192 15,783
Bank Mandiri (Persero) Tbk PT3 42,243,700 14,650
UBS Group AG3 811,307 9,321
Skandinaviska Enskilda Banken AB, Class A2,3 1,020,668 8,827
DNB ASA2,3 649,113 8,589
    20,809,405
Industrials 8.13%    
Recruit Holdings Co., Ltd.3 54,986,229 1,879,655
Airbus SE, non-registered shares2,3 25,550,677 1,818,155
Safran SA2,3 11,430,703 1,143,439
Melrose Industries PLC1,3 388,449,844 547,500
DSV Panalpina A/S3 4,480,803 546,639
Rentokil Initial PLC3 78,896,514 497,530
Experian PLC3 13,838,819 482,685
Knorr-Bremse AG, non-registered shares2,3 4,478,659 453,152
SMC Corp.3 869,100 443,589
MTU Aero Engines AG2,3 2,485,802 429,613
Airports of Thailand PCL, foreign registered3 201,546,900 395,280
NIBE Industrier AB, Class B2,3 17,425,756 384,579
DCC PLC3 4,377,000 364,529
Ryanair Holdings PLC (ADR)2 4,723,725 313,372
Nidec Corp.3 4,266,100 284,834
Spirax-Sarco Engineering PLC3 2,306,867 284,810
Shanghai International Airport Co., Ltd., Class A3 24,393,228 247,414
ASSA ABLOY AB, Class B3 10,359,522 210,342
Jardine Matheson Holdings Ltd.3 4,333,300 181,087
EuroPacific Growth Fund — Page 4 of 12
unaudited
Common stocks (continued)
Industrials (continued) 		Shares Value
(000)
Rolls-Royce Holdings PLC2,3 47,193,306 $166,581
Adani Ports & Special Economic Zone Ltd.3 35,907,438 165,252
AB Volvo, Class B2,3 10,383,000 162,302
CCR SA, ordinary nominative 55,762,655 148,684
Kingspan Group PLC3 2,064,109 132,835
Rheinmetall AG3 1,230,164 106,396
Aeroports de Paris SA3 936,060 95,969
VINCI SA3,4 959,870 88,268
Epiroc AB, Class B3 7,064,752 86,285
Rational AG3 143,296 80,142
Techtronic Industries Co., Ltd.3 7,564,500 73,797
ABB Ltd3 2,542,983 57,160
easyJet PLC3,4 5,880,000 49,451
Sydney Airport, units3 10,548,018 41,357
Daikin Industries, Ltd.3 173,300 27,868
Canadian National Railway Company (CAD denominated) 265,300 23,472
Komatsu Ltd.3 846,300 17,302
Alliance Global Group, Inc.2,3 123,500,000 16,911
RELX PLC3 523,400 12,114
VAT Group AG3 33,983 6,196
    12,466,546
Communication services 6.59%    
Nintendo Co., Ltd.3 4,606,227 2,049,610
Tencent Holdings Ltd.3 30,702,311 1,972,126
Sea Ltd., Class A (ADR)2,4 18,023,801 1,932,872
SoftBank Group Corp.3 33,580,900 1,692,067
Cellnex Telecom, SA, non-registered shares3 6,661,678 405,450
Z Holding Corp.3 78,928,800 385,188
Bharti Airtel Ltd.3 50,194,098 371,884
Altice Europe NV, Class A1,2,3 67,470,131 259,774
Altice Europe NV, Class B1,2,3 14,660,819 56,039
América Móvil, SAB de CV, Series L (ADR) 12,849,394 163,059
América Móvil, SAB de CV, Series L 18,821,401 12,078
Ubisoft Entertainment SA2,3 1,946,572 160,319
Square Enix Holdings Co., Ltd.3 2,889,400 145,727
Yandex NV, Class A2 2,703,400 135,224
Koninklijke KPN NV3 36,186,245 95,842
China Tower Corp. Ltd., Class H3 484,308,000 85,716
Nippon Telegraph and Telephone Corp.3 3,271,700 76,166
JOYY Inc., Class A (ADR)2 636,921 56,399
TalkTalk Telecom Group PLC3 30,312,400 32,153
ITV PLC3 19,704,041 18,208
    10,105,901
Materials 5.68%    
Vale SA, ordinary nominative (ADR) 103,405,704 1,066,113
Vale SA, ordinary nominative 54,334,180 558,718
Sika AG3 6,170,800 1,186,090
Koninklijke DSM NV3 7,965,617 1,101,031
Shin-Etsu Chemical Co., Ltd.3 7,542,200 881,672
Linde PLC 2,820,763 598,312
Linde PLC (EUR denominated)3 1,190,007 250,482
Rio Tinto PLC3 9,967,348 560,862
UPM-Kymmene Oyj3 17,531,112 505,913
EuroPacific Growth Fund — Page 5 of 12
unaudited
Common stocks (continued)
Materials (continued) 		Shares Value
(000)
First Quantum Minerals Ltd.1 53,100,289 $423,207
Barrick Gold Corp. (CAD denominated) 11,222,000 301,959
Givaudan SA3 43,848 163,096
Beijing Oriental Yuhong Waterproof Technology Co., Ltd., Class A3 25,945,749 149,148
HeidelbergCement AG3 2,649,529 141,171
CCL Industries Inc., Class B, nonvoting shares 4,278,000 138,272
CRH PLC3 3,916,552 133,957
Teck Resources Ltd., Class B 9,067,618 94,978
Akzo Nobel NV3 1,015,052 90,811
UPL Ltd.2,3 13,500,000 76,241
Yara International ASA3 2,065,509 71,763
BASF SE3 1,273,072 71,139
LafargeHolcim Ltd.3 1,427,451 62,434
MMG Ltd.2,3,4 115,376,000 23,852
Chr. Hansen Holding A/S3 186,000 19,173
BHP Group PLC3 805,214 16,531
Asian Paints Ltd.3 555,000 12,481
Evonik Industries AG3 363,422 9,207
Gerdau SA (ADR)4 1,670,000 4,943
    8,713,556
Consumer staples 5.59%    
Kweichow Moutai Co., Ltd., Class A3 8,147,421 1,686,137
Nestlé SA3 14,011,566 1,547,930
British American Tobacco PLC3 25,018,918 961,263
Pernod Ricard SA3 5,227,300 821,571
KOSÉ Corp.1,3 3,647,400 438,516
Thai Beverage PCL3 682,793,300 333,444
Kirin Holdings Company, Ltd.3,4 14,424,000 304,187
Philip Morris International Inc. 4,252,740 297,947
Reckitt Benckiser Group PLC3 2,737,800 251,956
Inner Mongolia Yili Industrial Group Co., Ltd., Class A3 53,578,236 234,913
Shiseido Co., Ltd.3 3,570,059 226,342
Anheuser-Busch InBev SA/NV3,4 3,572,411 176,072
Danone SA2,3 2,388,782 165,068
Treasury Wine Estates Ltd.3 21,428,876 155,125
Alimentation Couche-Tard Inc., Class B 4,601,397 144,285
Uni-Charm Corp.3 3,414,200 139,881
Foshan Haitian Flavouring and Food Co. Ltd., Class A3 6,359,990 111,492
Chocoladefabriken Lindt & Sprüngli AG3 1,143 98,129
Avenue Supermarts Ltd.2,3 2,982,864 90,822
JBS SA, ordinary nominative 17,332,696 67,411
Associated British Foods PLC3 2,687,600 63,688
Glanbia PLC3 5,175,719 58,564
Carlsberg A/S, Class B3 422,800 55,852
Fomento Económico Mexicano, SAB de CV 8,635,600 53,535
Godrej Consumer Products Ltd.3 3,295,950 30,270
Unilever PLC3 401,600 21,653
L’Oréal SA, non-registered shares2,3 49,200 15,773
CP ALL PCL, foreign registered3 4,052,100 8,886
Diageo PLC3 205,372 6,817
    8,567,529
EuroPacific Growth Fund — Page 6 of 12
unaudited
Common stocks (continued)
Energy 4.63% 		Shares Value
(000)
Reliance Industries Ltd.3 195,592,776 $4,420,624
Reliance Industries Ltd., interim shares2,3 10,027,005 105,922
Canadian Natural Resources, Ltd. (CAD denominated) 58,971,533 1,022,967
Petróleo Brasileiro SA (Petrobras), ordinary nominative (ADR) 62,185,271 514,272
Cenovus Energy Inc.1 69,773,357 326,356
Neste Oyj3 4,733,156 184,852
BP PLC3 43,915,026 166,896
Royal Dutch Shell PLC, Class B3 7,708,697 116,649
TC Energy Corp. (CAD denominated)4 1,835,000 78,396
Rosneft Oil Company PJSC (GDR)3 13,454,800 67,491
TOTAL SA3,4 1,607,354 61,223
Tourmaline Oil Corp. 4,047,604 35,390
    7,101,038
Utilities 3.01%    
Ørsted AS3 9,120,210 1,051,832
Enel SpA3 96,563,486 831,911
ENN Energy Holdings Ltd.1,3 73,744,200 828,233
China Gas Holdings Ltd.3 209,890,000 646,353
China Resources Gas Group Ltd.1,3 126,618,000 616,166
E.ON SE3 16,419,929 184,605
Iberdrola, SA, non-registered shares3 15,902,630 184,190
National Grid PLC3 11,155,000 136,596
Guangdong Investment Ltd.3,4 75,892,000 130,270
ENGIE SA2,3 929,400 11,472
    4,621,628
Real estate 1.28%    
China Overseas Land & Investment Ltd.3 122,832,000 370,935
Longfor Group Holdings Ltd.3 64,810,500 308,697
Shimao Group Holdings Ltd.3 62,016,500 262,812
Ayala Land, Inc.3 390,814,709 261,639
Vonovia SE2,3 3,332,417 204,133
ESR Cayman Ltd.2,3,4 85,112,800 201,915
CK Asset Holdings Ltd.3 25,980,500 154,492
Goodman Logistics (HK) Ltd. REIT3 10,209,385 105,073
Sun Hung Kai Properties Ltd.3 6,620,226 84,369
    1,954,065
Total common stocks (cost: $100,155,851,000)   145,127,629
Preferred securities 1.57%
Energy 0.63% 		   
Petróleo Brasileiro SA (Petrobras), preferred nominative (ADR) 68,793,227 548,282
Petróleo Brasileiro SA (Petrobras), preferred nominative 106,377,100 421,549
    969,831
Health care 0.55%    
Sartorius AG, nonvoting preferred, non-registered shares3 1,839,693 604,388
Grifols, SA, Class B, nonvoting preferred, non-registered shares3 13,344,611 245,121
    849,509
Consumer discretionary 0.27%    
Volkswagen AG, nonvoting preferred shares2,3 2,727,227 412,434
EuroPacific Growth Fund — Page 7 of 12
unaudited
Preferred securities (continued)
Information technology 0.07% 		Shares Value
(000)
Samsung Electronics Co., Ltd., nonvoting preferred shares3 2,590,928 $101,182
Materials 0.04%    
Gerdau SA, preferred nominative 22,165,900 65,257
Industrials 0.01%    
Azul SA, preferred nominative2 3,313,800 12,254
Real estate 0.00%    
Ayala Land, Inc., preferred shares2,3,5 481,283,600 —6
Total preferred securities (cost: $1,836,390,000)   2,410,467
Rights & warrants 0.13%
Health care 0.13% 		   
WuXi AppTec Co., Ltd., Class A, warrants, expire 20213,7 8,561,420 117,033
Aier Eye Hospital Group Co., Ltd., Class A, warrants, expires 20213,7 8,986,466 53,759
Aier Eye Hospital Group Co., Ltd., Class A, warrants, expires 20212,3,7 3,589,186 21,471
    192,263
Total rights & warrants (cost: $165,420,000)   192,263
Bonds, notes & other debt instruments 0.07%
U.S. Treasury bonds & notes 0.07%
U.S. Treasury 0.07% 		Principal amount
(000) 		 
U.S. Treasury 2.50% 2020 $100,000 101,164
Total U.S. Treasury bonds & notes   101,164
Total bonds, notes & other debt instruments (cost: $100,409,000)   101,164
Short-term securities 4.05%
Money market investments 4.05% 		Shares  
Capital Group Central Cash Fund 0.18%8 56,108,579 5,611,419
Goldman Sachs Financial Square Government Fund 0.15%8,9 225,000,000 225,000
BlackRock FedFund 0.10%8,9 150,000,000 150,000
Morgan Stanley Institutional Liquidity Funds - Government Portfolio 0.05%8,9 100,000,000 100,000
State Street Institutional U.S. Government Money Market Fund 0.12%8,9 88,000,000 88,000
Invesco Short-Term Investments Trust - Government & Agency Portfolio 0.09%8,9 34,063,380 34,063
Fidelity Institutional Money Market Funds - Government Portfolio 0.06%8,9 1,700,000 1,700
RBC U.S. Government Money Market Fund 0.10%8,9 1,000,000 1,000
    6,211,182
Total short-term securities (cost: $6,210,059,000)   6,211,182
Total investment securities 100.48% (cost: $108,468,129,000)   154,042,705
Other assets less liabilities (0.48)%   (730,826)
Net assets 100.00%   $153,311,879
EuroPacific Growth Fund — Page 8 of 12
unaudited
Investments in affiliates
A company is an affiliate of the fund under the Investment Company Act of 1940 if the fund’s holdings represent 5% or more of the outstanding voting shares of that company. Further details on these holdings and related transactions during the three months ended June 30, 2020, appear below.
  Beginning
shares 		Additions Reductions Ending
shares 		Net
realized
(loss) gain
(000) 		Net
unrealized
appreciation
(depreciation)
(000) 		Dividend
income
(000) 		Value of
affiliates at
6/30/2020
(000)
Common stocks 12.65%
Consumer discretionary 5.17%                
MercadoLibre, Inc.2 4,108,989 71,600 — 4,180,589 $— $2,043,481 $— $4,121,099
Flutter Entertainment PLC (GBP denominated)3 1,214,593 5,584,100 — 6,798,693 — 176,694 — 891,523
Flutter Entertainment PLC (EUR denominated)3 5,056,753 393,579 — 5,450,332 — 213,601 — 715,427
Just Eat Takeaway (GBP denominated)2,3 6,590,594 — 1 6,590,593 —6 194,142 — 690,225
Just Eat Takeaway (EUR denominated)2,3 3,151,312 — — 3,151,312 — 90,345 — 327,907
Melco Resorts & Entertainment Ltd. (ADR) 32,625,886 — — 32,625,886 — 101,827 — 506,354
GVC Holdings PLC3 46,288,920 — — 46,288,920 — 102,798 — 424,119
ASOS PLC2,3 5,440,976 539,800 — 5,980,776 — 162,493 — 253,459
Ryohin Keikaku Co., Ltd.3,10 18,105,500 — 11,047,200 7,058,300 (148,060) 156,517 — —
Stars Group Inc.2,10 23,082,671 — 23,082,671 — — 83,155 — —
                7,930,113
Information technology 1.43%                
PagSeguro Digital Ltd., Class A2 26,277,697 600,000 — 26,877,697 — 425,041 — 949,858
Halma PLC3 22,478,479 — — 22,478,479 — 106,545 — 640,602
Edenred SA3,4 13,593,956 292,987 37,000 13,849,943 (538) 27,635 10,297 605,060
                2,195,520
Health care 3.06%                
Daiichi Sankyo Company, Ltd.3 39,384,700 — 51,000 39,333,700 829 506,183 — 3,212,252
Teva Pharmaceutical Industries Ltd. (ADR)2 56,229,075 — — 56,229,075 — 188,367 — 693,305
Hikma Pharmaceuticals PLC3 14,499,283 — — 14,499,283 — 33,016 — 398,528
Notre Dame Intermédica Participações SA 37,609,625 — 6,124,906 31,484,719 (31,919) 173,274 — 393,754
Hypera SA, ordinary nominative10 34,858,300 — 9,873,900 24,984,400 (40,705) 49,999 1,342 —
NMC Health PLC2,3,5,10 12,753,621 — 9,648,621 3,105,000 (313,109) 305,458 — —
                4,697,839
Financials 0.70%                
B3 SA - Brasil, Bolsa, Balcao 91,700,000 14,604,300 — 106,304,300 — 339,114 — 1,076,903
Industrials 0.36%                
Melrose Industries PLC3 388,449,844 — — 388,449,844 — 108,824 — 547,500
MTU Aero Engines AG2,3,10 2,954,802 — 469,000 2,485,802 (47,475) 104,018 — —
                547,500
Communication services 0.21%                
Altice Europe NV, Class A2,3 67,470,131 — — 67,470,131 — (1,037) — 259,774
Altice Europe NV, Class B2,3 14,660,819 — — 14,660,819 — (1,029) — 56,039
                315,813
Materials 0.28%                
First Quantum Minerals Ltd. 53,100,289 — — 53,100,289 — 151,913 191 423,207
EuroPacific Growth Fund — Page 9 of 12
unaudited
Investments in affiliates  (continued)
  Beginning
shares 		Additions Reductions Ending
shares 		Net
realized
(loss) gain
(000) 		Net
unrealized
appreciation
(depreciation)
(000) 		Dividend
income
(000) 		Value of
affiliates at
6/30/2020
(000)
Consumer staples 0.29%                
KOSÉ Corp.3 4,244,800 — 597,400 3,647,400 $(26,796) $15,784 $— $438,516
Energy 0.21%                
Cenovus Energy Inc. 46,154,957 23,618,400 — 69,773,357 — 158,334 — 326,356
Utilities 0.94%                
ENN Energy Holdings Ltd.3 73,744,200 — — 73,744,200 — 119,035 15,889 828,233
China Resources Gas Group Ltd.3 126,618,000 — — 126,618,000 — (19,488) 11,756 616,166
                1,444,399
Short-term securities 0.00%
Money market investments 0.00%                
Capital Group Central Cash Fund 0.18%8,10 113,995,069 9,884,537 67,771,027 56,108,579 693 (3,654) 10,472 —
Total 12.65%         $(607,080) $6,112,385 $49,947 $19,396,166
1 Represents an affiliated company as defined under the Investment Company Act of 1940.
2 Security did not produce income during the last 12 months.
3 Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $124,022,667,000, which represented 80.90% of the net assets of the fund. This amount includes $123,715,290,000 related to certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading.
4 All or a portion of this security was on loan. The total value of all such securities was $651,682,000, which represented .43% of the net assets of the fund.
5 Value determined using significant unobservable inputs.
6 Amount less than one thousand.
7 Acquired in a transaction exempt from registration under Rule 144A 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 $192,263,000, which represented .13% of the net assets of the fund.
8 Rate represents the seven-day yield at 6/30/2020.
9 Security purchased with cash collateral from securities on loan.
10 Unaffiliated issuer at 6/30/2020.
Valuation disclosures
Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value of each share class of the fund is generally determined as of approximately 4:00 p.m. New York time each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Equity securities are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.
EuroPacific Growth Fund — Page 10 of 12
unaudited
Fixed-income securities, including short-term securities, are generally valued at prices obtained from one or more pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.
Fixed-income class Examples of standard inputs
All Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”)
Corporate bonds & notes; convertible securities Standard inputs and underlying equity of the issuer
Bonds & notes of governments & government agencies Standard inputs and interest rate volatilities
When the fund’s investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or deemed to be not representative), fixed-income securities will be valued in good faith at the mean quoted bid and ask prices that are reasonably and timely available (or bid prices, if ask prices are not available) or at prices for securities of comparable maturity, quality and type.
Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund’s investment adviser. The Capital Group Central Cash Fund (“CCF”), a fund within the Capital Group Central Fund Series (“Central Funds“), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF’s portfolio securities. The underlying securities are valued based on the policies and procedures in CCF’s statement of additional information.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by authority of the fund’s 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; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.
Processes and structure — The fund’s board of trustees has delegated authority to 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 “Fair Valuation Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Fair Valuation Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation teams. The Fair Valuation Committee reviews changes in fair value measurements from period to period and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. The Fair Valuation Committee reports any changes to the fair valuation guidelines to the board of trustees. The fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
The fund’s investment adviser has also established a Fixed-Income Pricing Review Group to administer and oversee the fixed-income valuation process, including the use of fixed-income pricing vendors. This group regularly reviews pricing vendor information and market data. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews, including an annual control self-evaluation program facilitated by the investment adviser’s compliance group.
EuroPacific Growth Fund — Page 11 of 12
unaudited
Classifications — The fund’s investment adviser classifies the fund’s assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The following table presents the fund’s valuation levels as of June 30, 2020 (dollars in thousands):
  Investment securities
  Level 1 Level 2 Level 3 Total
Assets:        
Common stocks:        
Consumer discretionary $4,906,641 $21,961,895 $— $26,868,536
Information technology 4,837,529 17,982,648 — 22,820,177
Health care 1,829,370 19,269,839 39 21,099,248
Financials 2,574,589 18,234,816 — 20,809,405
Industrials 485,528 11,981,018 — 12,466,546
Communication services 2,299,632 7,806,269 — 10,105,901
Materials 3,186,502 5,527,054 — 8,713,556
Consumer staples 563,178 8,004,351 — 8,567,529
Energy 1,977,381 5,123,657 — 7,101,038
Utilities — 4,621,628 — 4,621,628
Real estate — 1,954,065 — 1,954,065
Preferred securities 1,047,342 1,363,125 —* 2,410,467
Rights & warrants — 192,263 — 192,263
Bonds, notes & other debt instruments — 101,164 — 101,164
Short-term securities 6,211,182 — — 6,211,182
Total $29,918,874 $124,123,792 $39 $154,042,705
* Amount less than one thousand.
   
Key to abbreviations
ADR = American Depositary Receipts
CAD = Canadian dollars
EUR = Euros
GBP = British pounds
GDR = Global Depositary Receipts
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.
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.
© 2020 Capital Group. All rights reserved.
MFGEFP1-016-0820O-S78092 EuroPacific Growth Fund — Page 12 of 12