Form N-Q AMERICAN FUNDS GLOBAL For: Jul 31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
Quarterly Schedule of Portfolio Holdings of
Registered Management Investment Company
Investment Company Act File Number: 811-22496
American Funds Global Balanced Fund
(Exact Name of Registrant as Specified in Charter)
6455 Irvine Center Drive
Irvine, California 92618
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (213) 486-9200
Date of fiscal year end: October 31
Date of reporting period: July 31, 2016
Michael W. Stockton
American Funds Global Balanced Fund
333 South Hope Street
Los Angeles, California 90071
(Name and Address of Agent for Service)
ITEM 1 – Schedule of Investments
Common stocks 56.25% Consumer staples 9.20% |
Shares | Value (000) |
Philip Morris International Inc. | 2,644,400 | $265,128 |
Imperial Brands PLC | 3,010,000 | 158,686 |
Altria Group, Inc. | 1,852,200 | 125,394 |
Thai Beverage PCL | 154,325,407 | 119,137 |
Nestlé SA | 1,094,000 | 87,705 |
British American Tobacco PLC | 1,217,950 | 77,766 |
Coca-Cola Co. | 1,545,000 | 67,408 |
Reynolds American Inc. | 607,000 | 30,386 |
Japan Tobacco Inc. | 573,700 | 22,631 |
954,241 | ||
Health care 6.81% | ||
Novartis AG | 2,048,450 | 169,718 |
Amgen Inc. | 847,824 | 145,851 |
GlaxoSmithKline PLC | 4,785,100 | 106,898 |
Thermo Fisher Scientific Inc. | 357,200 | 56,738 |
Stryker Corp. | 447,200 | 52,000 |
AbbVie Inc. | 690,300 | 45,718 |
Gilead Sciences, Inc. | 532,100 | 42,286 |
UnitedHealth Group Inc. | 260,000 | 37,232 |
Medtronic PLC | 246,000 | 21,557 |
Team Health Holdings, Inc.1 | 407,000 | 16,622 |
Grifols, SA, Class B, preferred non-voting, non-registered shares | 720,000 | 12,103 |
706,723 | ||
Energy 6.38% | ||
Canadian Natural Resources, Ltd. | 3,503,000 | 106,084 |
Royal Dutch Shell PLC, Class A (GBP denominated) | 2,385,859 | 61,383 |
Royal Dutch Shell PLC, Class B | 981,920 | 26,017 |
Enbridge Inc. (CAD denominated) | 2,080,559 | 85,587 |
Eni SpA | 3,464,000 | 52,979 |
Suncor Energy Inc. | 1,940,800 | 52,234 |
ConocoPhillips | 1,247,500 | 50,923 |
Exxon Mobil Corp. | 540,500 | 48,078 |
BP PLC | 6,591,577 | 37,237 |
Denbury Resources Inc. | 10,587,000 | 30,702 |
Kinder Morgan, Inc. | 1,420,000 | 28,869 |
Schlumberger Ltd. | 292,600 | 23,560 |
EOG Resources, Inc. | 266,000 | 21,732 |
Golar LNG Ltd. | 1,103,000 | 18,707 |
Chesapeake Energy Corp.1 | 3,150,000 | 17,073 |
661,165 | ||
Financials 6.34% | ||
UBS Group AG | 7,244,000 | 99,781 |
Prudential PLC | 3,227,700 | 57,027 |
HDFC Bank Ltd.2 | 2,444,365 | 53,405 |
Common stocks Financials (continued) |
Shares | Value (000) |
Crown Castle International Corp. | 493,777 | $47,911 |
Siam Commercial Bank PCL | 10,245,000 | 46,622 |
Royal Bank of Canada | 763,000 | 46,511 |
Société Générale | 1,115,000 | 38,089 |
Barclays PLC | 17,330,162 | 35,447 |
U.S. Bancorp | 800,000 | 33,736 |
Lamar Advertising Co., Class A | 364,000 | 24,701 |
American Campus Communities, Inc. | 426,300 | 23,050 |
Ventas, Inc. | 301,000 | 22,924 |
AIA Group Ltd. | 3,074,400 | 19,040 |
Citigroup Inc. | 425,000 | 18,619 |
Credit Suisse Group AG | 1,572,528 | 18,091 |
JPMorgan Chase & Co. | 255,000 | 16,312 |
HSBC Holdings PLC (HKD denominated) | 2,155,645 | 14,045 |
CME Group Inc., Class A | 137,000 | 14,007 |
Link Real Estate Investment Trust | 1,662,600 | 12,408 |
RSA Insurance Group PLC | 1,485,800 | 9,787 |
BNP Paribas SA | 122,312 | 6,065 |
657,578 | ||
Utilities 4.99% | ||
SSE PLC | 6,520,024 | 130,815 |
Exelon Corp. | 1,975,000 | 73,628 |
Iberdrola, SA, non-registered shares | 9,346,500 | 64,211 |
Iberdrola, SA, non-registered shares, interim shares1,2 | 207,699 | 1,427 |
Dominion Resources, Inc. | 796,200 | 62,120 |
National Grid PLC | 2,790,764 | 40,000 |
Duke Energy Corp. | 452,300 | 38,712 |
Cheung Kong Infrastructure Holdings Ltd. | 3,476,000 | 30,735 |
Engie SA | 1,759,010 | 28,958 |
CMS Energy Corp. | 618,000 | 27,921 |
EDP - Energias de Portugal, SA | 3,600,000 | 12,348 |
Glow Energy PCL | 2,862,000 | 7,046 |
517,921 | ||
Information technology 4.78% | ||
Alphabet Inc., Class C1 | 75,506 | 58,048 |
Alphabet Inc., Class A1 | 49,700 | 39,330 |
Intel Corp. | 2,002,000 | 69,790 |
Alibaba Group Holding Ltd. (ADR)1 | 584,100 | 48,176 |
Tencent Holdings Ltd. | 1,655,000 | 39,784 |
Accenture PLC, Class A | 295,000 | 33,279 |
Oracle Corp. | 788,800 | 32,372 |
Kakaku.com, Inc. | 1,496,000 | 31,405 |
Western Union Co. | 1,530,000 | 30,600 |
Keyence Corp. | 42,000 | 30,016 |
Nintendo Co., Ltd. | 94,700 | 19,959 |
Broadcom Ltd. | 114,400 | 18,530 |
Samsung Electronics Co., Ltd. | 13,190 | 18,122 |
Motorola Solutions, Inc. | 241,000 | 16,721 |
Tech Mahindra Ltd. | 1,256,879 | 9,156 |
495,288 |
Common stocks Telecommunication services 4.29% |
Shares | Value (000) |
Verizon Communications Inc. | 3,998,055 | $221,532 |
Singapore Telecommunications Ltd. | 12,150,000 | 37,881 |
Bharti Infratel Ltd. | 4,700,000 | 27,743 |
BCE Inc. | 575,000 | 27,538 |
SoftBank Group Corp. | 490,000 | 27,387 |
TELUS Corp. | 811,570 | 27,147 |
China Mobile Ltd. | 2,189,000 | 26,987 |
Intouch Holdings PCL | 12,790,000 | 22,033 |
KDDI Corp. | 605,900 | 18,676 |
CenturyLink, Inc. | 270,500 | 8,505 |
445,429 | ||
Industrials 3.52% | ||
Boeing Co. | 430,000 | 57,474 |
Union Pacific Corp. | 612,000 | 56,947 |
General Electric Co. | 1,203,000 | 37,461 |
General Dynamics Corp. | 232,100 | 34,093 |
Norfolk Southern Corp. | 374,900 | 33,659 |
Alliance Global Group, Inc. | 72,000,000 | 24,698 |
CSX Corp. | 840,000 | 23,797 |
Nielsen Holdings PLC | 359,798 | 19,379 |
Bureau Veritas SA | 720,000 | 15,640 |
Industries Qatar QSC | 503,000 | 14,753 |
CK Hutchison Holdings Ltd. | 1,121,760 | 13,128 |
ASSA ABLOY AB, Class B | 528,000 | 11,588 |
United Technologies Corp. | 104,300 | 11,228 |
Bunzl PLC | 197,300 | 6,175 |
COSCO Pacific Ltd. | 3,056,000 | 3,151 |
Babcock International Group PLC | 122,700 | 1,575 |
364,746 | ||
Consumer discretionary 3.23% | ||
Netflix, Inc.1 | 892,150 | 81,409 |
Kering SA | 380,000 | 72,180 |
General Motors Co. | 1,375,000 | 43,367 |
Amazon.com, Inc.1 | 32,200 | 24,434 |
Mahindra & Mahindra Ltd. | 1,088,000 | 23,824 |
MGM Resorts International1 | 891,300 | 21,373 |
Galaxy Entertainment Group Ltd. | 5,244,000 | 17,438 |
Wyndham Worldwide Corp. | 197,000 | 13,991 |
William Hill PLC | 2,732,960 | 11,571 |
Barratt Developments PLC | 1,503,754 | 8,707 |
Kingfisher PLC | 1,843,740 | 8,206 |
Daily Mail and General Trust PLC, Class A, non-voting | 860,000 | 8,172 |
334,672 | ||
Materials 2.04% | ||
Fortescue Metals Group Ltd. | 21,572,904 | 72,627 |
International Flavors & Fragrances Inc. | 325,000 | 43,306 |
Croda International PLC | 687,448 | 30,251 |
Amcor Ltd. | 2,013,350 | 22,981 |
Celanese Corp., Series A | 252,818 | 16,034 |
Common stocks Materials (continued) |
Shares | Value (000) |
Vale SA, Class A, preferred nominative (ADR) | 2,925,000 | $13,484 |
Rio Tinto PLC | 398,000 | 12,966 |
211,649 | ||
Miscellaneous 4.67% | ||
Other common stocks in initial period of acquisition | 484,233 | |
Total common stocks (cost: $5,325,888,000) | 5,833,645 | |
Convertible stocks 0.20% Energy 0.20% |
||
Kinder Morgan Inc., Series A, depository share, convertible preferred 2018 | 427,000 | 20,838 |
Total convertible stocks (cost: $15,341,000) | 20,838 | |
Bonds, notes & other debt instruments 35.65% Bonds & notes of governments & government agencies outside the U.S. 14.02% |
Principal amount (000) |
|
Australia (Commonwealth of), Series 136, 4.75% 2027 | A$4,300 | 4,160 |
Belgium (Kingdom of), Series 77, 1.00% 2026 | €16,200 | 19,692 |
Bermuda 4.854% 20243 | $7,075 | 7,747 |
Canada 2.25% 2025 | C$15,000 | 12,787 |
Colombia (Republic of) 4.50% 2026 | $14,740 | 15,805 |
Colombia (Republic of), Series B, 5.00% 2018 | COP24,327,600 | 7,618 |
Colombia (Republic of), Series B, 7.50% 2026 | 56,930,000 | 18,477 |
Colombia (Republic of), Series B, 6.00% 2028 | 11,454,000 | 3,264 |
French Republic O.A.T. 1.75% 2024 | €25,140 | 32,441 |
French Republic O.A.T. 2.25% 2024 | 5,550 | 7,385 |
French Republic O.A.T. 3.25% 2045 | 8,100 | 14,664 |
Germany (Federal Republic of) 1.75% 20204 | 6,811 | 8,386 |
Germany (Federal Republic of) 2.00% 2022 | 17,000 | 21,673 |
Germany (Federal Republic of) 0.10% 20234 | 1,973 | 2,382 |
Germany (Federal Republic of) 2.50% 2044 | 17,300 | 30,669 |
Germany (Federal Republic of) 2.50% 2046 | 24,800 | 44,786 |
India (Republic of) 7.28% 2019 | INR575,100 | 8,678 |
India (Republic of) 8.83% 2023 | 407,200 | 6,634 |
India (Republic of) 8.60% 2028 | 740,900 | 12,129 |
India (Republic of) 9.20% 2030 | 360,900 | 6,219 |
Indonesia (Republic of) 4.875% 2021 | $5,850 | 6,437 |
Indonesia (Republic of) 4.875% 20213 | 1,500 | 1,650 |
Indonesia (Republic of) 3.75% 2022 | 4,895 | 5,127 |
Indonesia (Republic of) 3.375% 2023 | 640 | 654 |
Indonesia (Republic of) 4.75% 2026 | 4,800 | 5,355 |
Ireland (Republic of) 3.90% 2023 | €15,930 | 22,388 |
Ireland (Republic of) 3.40% 2024 | 10,500 | 14,596 |
Ireland (Republic of) 5.40% 2025 | 10,670 | 17,054 |
Ireland (Republic of) 1.00% 2026 | 25,530 | 30,163 |
Ireland (Republic of) 2.00% 2045 | 4,200 | 5,727 |
Israel (State of) 5.50% 2042 | ILS34,300 | 13,393 |
Italy (Republic of) 1.45% 2022 | €13,675 | 16,131 |
Italy (Republic of) 5.50% 2022 | 3,100 | 4,499 |
Italy (Republic of) 4.75% 2023 | 2,600 | 3,720 |
Italy (Republic of) 4.50% 2024 | 16,850 | 23,900 |
Italy (Republic of) 3.50% 2030 | 13,090 | 18,341 |
Bonds, notes & other debt instruments Bonds & notes of governments & government agencies outside the U.S. (continued) |
Principal amount (000) |
Value (000) |
Japan, Series 315, 1.20% 2021 | ¥3,465,000 | $36,392 |
Japan, Series 326, 0.70% 2022 | 3,175,000 | 33,083 |
Japan, Series 325, 0.80% 2022 | 480,000 | 5,018 |
Japan, Series 17, 0.10% 20234 | 242,050 | 2,517 |
Japan, Series 329, 0.80% 2023 | 2,460,000 | 25,933 |
Japan, Series 19, 0.10% 20244 | 1,454,160 | 15,256 |
Japan, Series 18, 0.10% 20244 | 696,320 | 7,244 |
Japan, Series 337, 0.30% 2024 | 2,340,000 | 23,989 |
Japan, Series 336, 0.50% 2024 | 1,460,000 | 15,219 |
Japan, Series 20, 0.10% 20254 | 653,690 | 6,871 |
Japan, Series 116, 2.20% 2030 | 829,000 | 10,597 |
Japan, Series 145, 1.70% 2033 | 3,760,000 | 46,787 |
Japan, Series 150, 1.40% 2034 | 660,000 | 7,932 |
Japan, Series 21, 2.30% 2035 | 845,000 | 11,618 |
Japan, Series 36, 2.00% 2042 | 200,000 | 2,804 |
Japan, Series 42, 1.70% 2044 | 1,115,000 | 15,117 |
Japan, Series 47, 1.60% 2045 | 1,030,000 | 13,792 |
Lithuania (Republic of) 7.375% 2020 | $2,900 | 3,422 |
Lithuania (Republic of) 6.625% 20223 | 1,000 | 1,221 |
Malaysia (Federation of), Series 0515, 3.759% 2019 | MYR35,950 | 9,024 |
Malaysia (Federation of), Series 0315, 3.659% 2020 | 13,400 | 3,377 |
Malaysia (Federation of), Series 0314, 4.048% 2021 | 13,400 | 3,412 |
Malaysia (Federation of), Series 0215, 3.795% 2022 | 16,000 | 4,022 |
Malaysia (Federation of), Series 0116, 3.80% 2023 | 26,200 | 6,599 |
Malaysia (Federation of), Series 0115, 3.955% 2025 | 38,300 | 9,626 |
Malaysia (Federation of), Series 0316, 3.90% 2026 | 43,000 | 10,852 |
Malaysia (Federation of), Series 0310, 4.498% 2030 | 49,650 | 12,868 |
Morocco (Kingdom of) 4.25% 2022 | $5,700 | 6,126 |
Morocco (Kingdom of) 4.25% 20223 | 500 | 537 |
Morocco (Kingdom of) 5.50% 2042 | 3,500 | 4,007 |
Netherlands (Kingdom of the) 1.00% 2017 | 1,900 | 1,903 |
Netherlands (Kingdom of the) 2.25% 2022 | €7,915 | 10,303 |
Netherlands (Kingdom of the) 2.00% 2024 | 3,000 | 3,963 |
Norway (Kingdom of) 4.25% 2017 | NKr4,850 | 592 |
Norway (Kingdom of) 3.75% 2021 | 50,800 | 6,934 |
Norway (Kingdom of) 3.00% 2024 | 67,500 | 9,309 |
Peru (Republic of) 2.75% 2026 | €4,000 | 4,967 |
Peru (Republic of) 4.125% 2027 | $3,600 | 4,014 |
Peru (Republic of) 5.625% 2050 | 375 | 476 |
Philippines (Republic of the) 4.95% 2021 | PHP155,000 | 3,529 |
Philippines (Republic of the) 3.90% 2022 | 275,000 | 6,033 |
Poland (Republic of) 2.75% 20234 | PLN19,759 | 5,648 |
Poland (Republic of), Series 1017, 5.25% 2017 | 60,875 | 16,324 |
Poland (Republic of), Series 1020, 5.25% 2020 | 110,900 | 32,101 |
Poland (Republic of), Series 1021, 5.75% 2021 | 97,900 | 29,361 |
Poland (Republic of), Series 0922, 5.75% 2022 | 54,490 | 16,641 |
Poland (Republic of), Series 1023, 4.00% 2023 | 69,000 | 19,349 |
Poland (Republic of), Series 0725, 3.25% 2025 | 50,500 | 13,421 |
Poland (Republic of), Series 0726, 2.50% 2026 | 48,970 | 12,184 |
Russian Federation 6.20% 2018 | RUB193,400 | 2,818 |
South Africa (Republic of), Series R-2023, 7.75% 2023 | ZAR180,405 | 12,622 |
South Africa (Republic of), Series R-214, 6.50% 2041 | 138,250 | 7,232 |
Spain (Kingdom of) 2.75% 2024 | €11,875 | 15,330 |
Spain (Kingdom of) 1.30% 2026 | 21,490 | 24,514 |
Spain (Kingdom of) 1.95% 2026 | 4,250 | 5,164 |
Bonds, notes & other debt instruments Bonds & notes of governments & government agencies outside the U.S. (continued) |
Principal amount (000) |
Value (000) |
Qatar (State of) 3.125% 20173 | $1,000 | $1,011 |
Qatar (State of) 5.25% 2020 | 1,300 | 1,446 |
Qatar (State of) 4.50% 20223 | 1,000 | 1,114 |
Sweden (Kingdom of), Series 1057, 1.50% 2023 | SKr159,000 | 20,991 |
Turkey (Republic of) 4.557% 2018 | $11,600 | 11,808 |
United Kingdom 4.75% 2020 | £25 | 39 |
United Kingdom 3.75% 2021 | 2,850 | 4,433 |
United Kingdom 1.75% 2022 | 7,700 | 11,032 |
United Kingdom 2.25% 2023 | 2,250 | 3,349 |
United Kingdom 2.00% 2025 | 49,850 | 73,564 |
United Kingdom 5.00% 2025 | 1,550 | 2,809 |
United Kingdom 1.50% 2026 | 6,450 | 9,102 |
United Kingdom 3.25% 2044 | 19,750 | 36,011 |
United Kingdom 4.25% 2046 | 2,520 | 5,522 |
United Mexican States 4.125% 2026 | $17,440 | 18,983 |
United Mexican States 4.75% 2044 | 6,600 | 7,078 |
United Mexican States, Series M10, 7.75% 2017 | MXN32,000 | 1,775 |
United Mexican States, Series M, 8.00% 2020 | 146,000 | 8,459 |
United Mexican States, Series M, 6.50% 2021 | 568,500 | 31,457 |
United Mexican States, Series M20, 10.00% 2024 | 724,700 | 49,276 |
United Mexican States, Series M, 5.75% 2026 | 468,400 | 24,677 |
United Mexican States, Series M30, 10.00% 2036 | 128,400 | 9,686 |
United Mexican States, Series M30, 8.50% 2038 | 264,000 | 17,566 |
United Mexican States Government 4.00% 20194 | 103,056 | 5,817 |
United Mexican States Government 4.00% 20404 | 33,086 | 2,026 |
1,453,756 | ||
U.S. Treasury bonds & notes 11.89% U.S. Treasury 9.70% |
||
U.S. Treasury 7.50% 2016 | $2,650 | 2,705 |
U.S. Treasury 0.875% 2017 | 25,700 | 25,772 |
U.S. Treasury 1.00% 20175 | 8,100 | 8,128 |
U.S. Treasury 1.25% 2018 | 4,800 | 4,859 |
U.S. Treasury 3.50% 2018 | 31,655 | 33,038 |
U.S. Treasury 0.875% 2019 | 26,500 | 26,596 |
U.S. Treasury 1.50% 2019 | 17,200 | 17,579 |
U.S. Treasury 1.50% 2019 | 10,100 | 10,314 |
U.S. Treasury 1.625% 2019 | 34,050 | 34,897 |
U.S. Treasury 1.625% 2019 | 12,750 | 13,085 |
U.S. Treasury 1.625% 2019 | 9,750 | 9,980 |
U.S. Treasury 1.625% 2019 | 4,960 | 5,087 |
U.S. Treasury 1.625% 2019 | 4,000 | 4,101 |
U.S. Treasury 1.75% 2019 | 16,900 | 17,399 |
U.S. Treasury 1.125% 2020 | 5,200 | 5,249 |
U.S. Treasury 1.25% 2020 | 65,650 | 66,546 |
U.S. Treasury 1.375% 2020 | 48,700 | 49,565 |
U.S. Treasury 1.375% 2020 | 32,550 | 33,112 |
U.S. Treasury 1.375% 2020 | 12,850 | 13,073 |
U.S. Treasury 1.50% 2020 | 5,950 | 6,084 |
U.S. Treasury 1.625% 2020 | 21,400 | 21,996 |
U.S. Treasury 1.625% 2020 | 4,000 | 4,109 |
U.S. Treasury 1.625% 2020 | 1,080 | 1,109 |
U.S. Treasury 1.75% 2020 | 57,000 | 58,878 |
U.S. Treasury 2.125% 2020 | 5,900 | 6,179 |
U.S. Treasury 1.25% 2021 | 75,300 | 76,125 |
Bonds, notes & other debt instruments U.S. Treasury bonds & notes (continued) U.S. Treasury (continued) |
Principal amount (000) |
Value (000) |
U.S. Treasury 2.125% 2021 | $12,700 | $13,361 |
U.S. Treasury 3.125% 2021 | 875 | 961 |
U.S. Treasury 2.75% 2023 | 24,270 | 26,743 |
U.S. Treasury 2.25% 2024 | 9,100 | 9,721 |
U.S. Treasury 2.50% 2024 | 54,450 | 59,138 |
U.S. Treasury 2.00% 2025 | 18,385 | 19,267 |
U.S. Treasury 2.125% 2025 | 20,240 | 21,421 |
U.S. Treasury 1.625% 2026 | 41,390 | 42,034 |
U.S. Treasury 4.625% 2040 | 2,800 | 4,179 |
U.S. Treasury 3.625% 2044 | 16,445 | 21,629 |
U.S. Treasury 2.875% 2045 | 63,835 | 73,279 |
U.S. Treasury 3.00% 2045 | 30,820 | 36,255 |
U.S. Treasury 2.50% 2046 | 71,118 | 75,864 |
U.S. Treasury 2.50% 2046 | 43,518 | 46,510 |
1,005,927 | ||
U.S. Treasury inflation-protected securities 2.19% | ||
U.S. Treasury Inflation-Protected Security 0.125% 20194 | 9,887 | 10,042 |
U.S. Treasury Inflation-Protected Security 0.125% 20224 | 3,499 | 3,572 |
U.S. Treasury Inflation-Protected Security 0.375% 20234 | 11,096 | 11,475 |
U.S. Treasury Inflation-Protected Security 0.125% 20244 | 57,055 | 57,807 |
U.S. Treasury Inflation-Protected Security 0.625% 20244 | 37,493 | 39,319 |
U.S. Treasury Inflation-Protected Security 0.25% 20254 | 40,952 | 41,752 |
U.S. Treasury Inflation-Protected Security 0.375% 20254 | 9,040 | 9,349 |
U.S. Treasury Inflation-Protected Security 2.375% 20254 | 2,612 | 3,123 |
U.S. Treasury Inflation-Protected Security 0.625% 20264 | 21,634 | 22,834 |
U.S. Treasury Inflation-Protected Security 1.375% 20444 | 8,039 | 9,613 |
U.S. Treasury Inflation-Protected Security 1.00% 20464 | 16,296 | 18,241 |
227,127 | ||
Total U.S. Treasury bonds & notes | 1,233,054 | |
Corporate bonds & notes 8.04% Financials 1.91% |
||
ACE INA Holdings Inc. 2.875% 2022 | 645 | 681 |
ACE INA Holdings Inc. 3.35% 2026 | 645 | 697 |
ACE INA Holdings Inc. 4.35% 2045 | 1,120 | 1,331 |
Allianz SE, 4.75% 2049 | €2,800 | 3,503 |
American Campus Communities, Inc. 3.35% 2020 | $145 | 151 |
American Campus Communities, Inc. 3.75% 2023 | 2,640 | 2,768 |
American Campus Communities, Inc. 4.125% 2024 | 18,200 | 19,399 |
Aviva PLC, subordinated 6.875% 2058 | £2,250 | 3,609 |
AXA SA, junior subordinated 5.453% 2049 | 5,625 | 7,733 |
Banco de Crédito del Perú 5.375% 20203 | $125 | 140 |
Bank of America Corp. 3.875% 2025 | 7,030 | 7,555 |
Barclays Bank PLC 6.00% 2021 | €1,400 | 1,821 |
Barclays Bank PLC 10.00% 2021 | £3,700 | 6,391 |
Barclays Bank PLC 6.625% 2022 | €725 | 992 |
Barclays Bank PLC 3.65% 2025 | $2,150 | 2,128 |
Berkshire Hathaway Inc. 3.00% 2022 | 1,775 | 1,888 |
BNP Paribas 5.00% 2021 | 2,050 | 2,323 |
CaixaBank, SA 5.00% 2023 | €2,800 | 3,301 |
Citigroup Inc. 2.50% 2018 | $890 | 908 |
Citigroup Inc. 3.70% 2026 | 6,000 | 6,380 |
Bonds, notes & other debt instruments Corporate bonds & notes (continued) Financials (continued) |
Principal amount (000) |
Value (000) |
Corporate Office Properties Trust 3.60% 2023 | $240 | $239 |
Credit Agricole SA 4.375% 20253 | 2,150 | 2,202 |
Credit Suisse Group AG 3.00% 2021 | 3,450 | 3,554 |
Essex Portfolio L.P. 3.50% 2025 | 2,760 | 2,893 |
Essex Portfolio L.P. 3.375% 2026 | 1,545 | 1,601 |
Goldman Sachs Group, Inc. 2.55% 2019 | 670 | 687 |
Goldman Sachs Group, Inc. 2.875% 2021 | 4,000 | 4,129 |
Goldman Sachs Group, Inc. 5.25% 2021 | 900 | 1,022 |
Goldman Sachs Group, Inc. 3.625% 2023 | 3,150 | 3,346 |
Goldman Sachs Group, Inc. 3.50% 2025 | 10,205 | 10,644 |
Goldman Sachs Group, Inc. 3.75% 2026 | 1,000 | 1,060 |
Goldman Sachs Group, Inc. 4.75% 2045 | 2,835 | 3,244 |
Goodman Funding Pty Ltd. 6.00% 20223 | 12,175 | 14,234 |
HSBC Holdings PLC 4.125% 20203 | 560 | 605 |
HSBC Holdings PLC 2.95% 2021 | 570 | 581 |
HSBC Holdings PLC 4.00% 2022 | 1,400 | 1,494 |
HSBC Holdings PLC 6.375% 2022 | £50 | 69 |
HSBC Holdings PLC 3.375% 2024 | €3,450 | 4,039 |
HSBC Holdings PLC 4.25% 2025 | $825 | 851 |
HSBC Holdings PLC 3.90% 2026 | 5,040 | 5,232 |
HSBC Holdings PLC 4.30% 2026 | 4,670 | 5,016 |
Intesa Sanpaolo SpA 5.017% 20243 | 2,045 | 1,960 |
JPMorgan Chase & Co. 2.55% 2021 | 11,921 | 12,218 |
JPMorgan Chase & Co. 3.25% 2022 | 1,850 | 1,955 |
Kimco Realty Corp. 3.40% 2022 | 355 | 374 |
Lloyds Banking Group PLC 6.50% 2020 | €4,940 | 6,505 |
Morgan Stanley 3.125% 2026 | $3,175 | 3,215 |
Morgan Stanley 3.875% 2026 | 2,705 | 2,894 |
NN Group NV, 4.50% 2049 | €2,050 | 2,329 |
Nordea Bank AB 3.125% 20173 | $2,000 | 2,026 |
PNC Financial Services Group, Inc. 2.854% 2022 | 2,000 | 2,061 |
Prologis, Inc. 3.375% 2024 | €950 | 1,260 |
Prologis, Inc. 3.75% 2025 | $915 | 994 |
Rabobank Nederland 3.875% 2023 | €2,400 | 3,113 |
Rabobank Nederland 4.625% 2023 | $1,750 | 1,881 |
Select Income REIT 4.50% 2025 | 635 | 631 |
WEA Finance LLC 2.70% 20193 | 1,070 | 1,097 |
WEA Finance LLC 3.25% 20203 | 2,405 | 2,510 |
WEA Finance LLC 3.75% 20243 | 3,570 | 3,775 |
Wells Fargo & Co. 2.55% 2020 | 3,966 | 4,088 |
Wells Fargo & Co. 2.50% 2021 | 3,163 | 3,249 |
198,576 | ||
Energy 1.63% | ||
Chevron Corp. 1.961% 2020 | 5,175 | 5,304 |
ConocoPhillips 5.95% 2046 | 580 | 703 |
Ecopetrol SA 5.875% 2045 | 3,490 | 3,102 |
Enbridge Energy Partners, LP 5.875% 2025 | 1,845 | 2,034 |
Enbridge Energy Partners, LP 7.375% 2045 | 5,035 | 6,140 |
Genel Energy Finance 3 Ltd. 7.50% 20193 | 3,000 | 2,280 |
Halliburton Co. 3.80% 2025 | 4,210 | 4,355 |
Kinder Morgan Energy Partners, LP 3.50% 2021 | 850 | 869 |
Kinder Morgan Energy Partners, LP 4.15% 2024 | 1,300 | 1,349 |
Kinder Morgan Energy Partners, LP 5.00% 2043 | 1,980 | 1,889 |
Bonds, notes & other debt instruments Corporate bonds & notes (continued) Energy (continued) |
Principal amount (000) |
Value (000) |
Kinder Morgan Energy Partners, LP 5.50% 2044 | $4,175 | $4,289 |
Kinder Morgan, Inc. 4.30% 2025 | 25,505 | 26,464 |
Kinder Morgan, Inc. 5.55% 2045 | 6,894 | 6,941 |
Pemex Project Funding Master Trust 5.75% 2018 | 700 | 735 |
Pemex Project Funding Master Trust, Series 13, 6.625% 2035 | 25 | 26 |
Petróleos Mexicanos 3.50% 2018 | 2,130 | 2,168 |
Petróleos Mexicanos 8.00% 2019 | 2,410 | 2,716 |
Petróleos Mexicanos 4.875% 2022 | 3,500 | 3,605 |
Petróleos Mexicanos 6.875% 20263 | 23,935 | 26,927 |
Petróleos Mexicanos 6.875% 2026 | 3,945 | 4,438 |
Petróleos Mexicanos 6.50% 2041 | 675 | 679 |
Petróleos Mexicanos 5.50% 2044 | 6,260 | 5,696 |
Petróleos Mexicanos 5.625% 2046 | 5,730 | 5,271 |
Phillips 66 Partners LP 4.68% 2045 | 220 | 211 |
QGOG Atlantic/Alaskan Rigs Ltd. 5.25% 20193,6 | 124 | 101 |
Schlumberger BV 4.00% 20253 | 3,080 | 3,358 |
Statoil ASA 3.125% 2017 | 1,460 | 1,491 |
Statoil ASA 1.95% 2018 | 505 | 513 |
Statoil ASA 3.25% 2024 | 4,100 | 4,407 |
Statoil ASA 3.70% 2024 | 1,475 | 1,605 |
StatoilHydro ASA 2.45% 2023 | 1,860 | 1,899 |
Total Capital International 2.875% 2022 | 2,350 | 2,468 |
TransCanada PipeLines Ltd. 6.50% 2018 | 125 | 137 |
TransCanada PipeLines Ltd. 7.125% 2019 | 125 | 140 |
Transocean Inc. 5.05% 2022 | 5,100 | 3,672 |
Transportadora de Gas Peru SA 4.25% 20283,6 | 1,700 | 1,730 |
Tullow Oil PLC 6.00% 2020 | 4,240 | 3,498 |
Tullow Oil PLC 6.25% 2022 | 5,000 | 4,100 |
Williams Partners LP 5.25% 2020 | 150 | 158 |
Williams Partners LP 4.50% 2023 | 1,500 | 1,498 |
Williams Partners LP 4.30% 2024 | 2,600 | 2,570 |
Williams Partners LP 4.00% 2025 | 18,185 | 17,379 |
168,915 | ||
Telecommunication services 1.27% | ||
Altice Finco SA, First Lien, 7.75% 20223 | 3,375 | 3,436 |
AT&T Inc. 2.45% 2020 | 1,930 | 1,979 |
AT&T Inc. 2.80% 2021 | 6,620 | 6,855 |
CenturyLink, Inc. 7.50% 2024 | 5,900 | 6,313 |
CenturyLink, Inc., Series T, 5.80% 2022 | 7,339 | 7,532 |
Deutsche Telekom International Finance BV 2.25% 20173 | 1,250 | 1,258 |
Deutsche Telekom International Finance BV 6.00% 2017 | €750 | 862 |
France Télécom 5.625% 2018 | 500 | 617 |
France Télécom 9.00% 2031 | $3,300 | 5,253 |
France Télécom 5.375% 2050 | £2,000 | 4,120 |
Frontier Communications Corp. 7.625% 2024 | $8,250 | 7,652 |
Frontier Communications Corp. 11.00% 2025 | 12,625 | 13,540 |
MetroPCS Wireless, Inc. 6.25% 2021 | 2,490 | 2,614 |
Numericable Group SA 6.00% 20223 | 15,160 | 14,876 |
Sprint Nextel Corp. 9.125% 2017 | 7,505 | 7,758 |
Sprint Nextel Corp. 11.50% 2021 | 4,075 | 4,503 |
T-Mobile US, Inc. 6.00% 2024 | 4,250 | 4,546 |
T-Mobile US, Inc. 6.375% 2025 | 5,725 | 6,147 |
Bonds, notes & other debt instruments Corporate bonds & notes (continued) Telecommunication services (continued) |
Principal amount (000) |
Value (000) |
T-Mobile US, Inc. 6.50% 2026 | $15,950 | $17,334 |
Verizon Communications Inc. 4.272% 2036 | 13,587 | 14,260 |
131,455 | ||
Health care 1.23% | ||
AbbVie Inc. 2.50% 2020 | 7,400 | 7,604 |
AbbVie Inc. 3.60% 2025 | 4,135 | 4,395 |
AbbVie Inc. 4.50% 2035 | 535 | 583 |
Actavis Funding SCS 3.00% 2020 | 1,870 | 1,948 |
Actavis Funding SCS 3.80% 2025 | 13,185 | 14,042 |
Actavis Funding SCS 4.55% 2035 | 5,540 | 5,987 |
Actavis Funding SCS 4.75% 2045 | 4,205 | 4,681 |
Aetna Inc. 2.80% 2023 | 960 | 990 |
Aetna Inc. 3.20% 2026 | 5,915 | 6,079 |
Aetna Inc. 4.25% 2036 | 2,725 | 2,833 |
Aetna Inc. 4.375% 2046 | 3,235 | 3,367 |
Baxalta Inc. 4.00% 2025 | 3,185 | 3,396 |
Becton, Dickinson and Co. 2.675% 2019 | 5,000 | 5,190 |
Becton, Dickinson and Co. 3.734% 2024 | 2,550 | 2,780 |
Celgene Corp. 3.875% 2025 | 3,150 | 3,425 |
EMD Finance LLC 3.25% 20253 | 16,847 | 17,534 |
Gilead Sciences, Inc. 3.65% 2026 | 1,135 | 1,240 |
Medtronic, Inc. 3.50% 2025 | 8,000 | 8,774 |
Novartis Securities Investment Ltd. 5.125% 2019 | 475 | 522 |
Roche Holdings, Inc. 3.35% 20243 | 17,275 | 18,910 |
VPI Escrow Corp. 6.375% 20203 | 6,935 | 6,294 |
VRX Escrow Corp. 6.125% 20253 | 7,454 | 6,205 |
Zimmer Holdings, Inc. 4.25% 2035 | 380 | 400 |
127,179 | ||
Materials 0.71% | ||
ArcelorMittal 10.85% 2019 | 9,362 | 11,047 |
First Quantum Minerals Ltd. 6.75% 20203 | 28,566 | 26,438 |
First Quantum Minerals Ltd. 7.25% 20223 | 1,000 | 887 |
FMG Resources 9.75% 20223 | 16,177 | 18,199 |
Vale Overseas Ltd. 6.875% 2036 | 3,055 | 2,956 |
Vale Overseas Ltd. 6.875% 2039 | 15,100 | 14,458 |
Vale SA 5.625% 2042 | 185 | 159 |
74,144 | ||
Consumer discretionary 0.67% | ||
BMW Group 3.875% 2017 | €250 | 285 |
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 20263 | $10,050 | 10,628 |
DaimlerChrysler North America Holding Corp. 1.875% 20183 | 3,900 | 3,934 |
DaimlerChrysler North America Holding Corp. 2.00% 20213 | 7,275 | 7,323 |
Ford Motor Credit Co. 3.20% 2021 | 6,400 | 6,657 |
Hyundai Capital Services Inc. 2.625% 20203 | 1,000 | 1,022 |
Li & Fung Ltd. 6.00% (undated) | 10,000 | 10,475 |
McDonald’s Corp. 3.70% 2026 | 1,355 | 1,488 |
McDonald’s Corp. 4.70% 2035 | 590 | 686 |
McDonald’s Corp. 4.875% 2045 | 910 | 1,093 |
Newell Rubbermaid Inc. 3.85% 2023 | 3,065 | 3,281 |
Newell Rubbermaid Inc. 4.20% 2026 | 7,630 | 8,351 |
Newell Rubbermaid Inc. 5.50% 2046 | 1,005 | 1,252 |
Bonds, notes & other debt instruments Corporate bonds & notes (continued) Consumer discretionary (continued) |
Principal amount (000) |
Value (000) |
Thomson Reuters Corp. 1.30% 2017 | $2,450 | $2,452 |
Thomson Reuters Corp. 4.30% 2023 | 1,950 | 2,149 |
Time Warner Inc. 4.75% 2021 | 1,300 | 1,466 |
Univision Communications Inc. 6.75% 20223 | 6,435 | 6,902 |
69,444 | ||
Utilities 0.31% | ||
Abu Dhabi National Energy Co. PJSC (TAQA) 3.625% 20233 | 4,800 | 4,932 |
Berkshire Hathaway Energy Co. 3.50% 2025 | 4,200 | 4,580 |
Duke Energy Corp. 3.75% 2024 | 3,950 | 4,315 |
E.ON International Finance BV 5.80% 20183 | 1,325 | 1,418 |
Electricité de France SA 6.00% 2114 | £500 | 981 |
Exelon Corp. 3.40% 2026 | $240 | 253 |
MidAmerican Energy Holdings Co. 2.00% 2018 | 2,550 | 2,593 |
Niagara Mohawk Power Corp. 3.508% 20243 | 2,380 | 2,569 |
Pacific Gas and Electric Co. 3.85% 2023 | 1,710 | 1,897 |
Pacific Gas and Electric Co. 2.95% 2026 | 1,035 | 1,088 |
Pacific Gas and Electric Co. 4.25% 2046 | 3,075 | 3,538 |
PacifiCorp. 3.35% 2025 | 725 | 795 |
PSEG Power LLC 2.75% 2016 | 315 | 316 |
Sierra Pacific Power Co., General and Refunding Mortgage Notes, Series T, 3.375% 2023 | 2,450 | 2,626 |
31,901 | ||
Consumer staples 0.21% | ||
Altria Group, Inc. 2.625% 2020 | 1,700 | 1,775 |
Altria Group, Inc. 4.75% 2021 | 3,300 | 3,789 |
Anheuser-Busch InBev NV 3.30% 2023 | 1,315 | 1,388 |
Anheuser-Busch InBev NV 4.90% 2046 | 1,375 | 1,692 |
Philip Morris International Inc. 4.25% 2044 | 2,700 | 3,069 |
Reynolds American Inc. 4.00% 2022 | 1,325 | 1,456 |
Reynolds American Inc. 4.45% 2025 | 6,730 | 7,612 |
Reynolds American Inc. 5.70% 2035 | 95 | 120 |
Reynolds American Inc. 5.85% 2045 | 825 | 1,094 |
21,995 | ||
Industrials 0.10% | ||
Autoridad del Canal de Panama 4.95% 20353,6 | 1,300 | 1,450 |
ENA Norte Trust 4.95% 20283,6 | 995 | 1,050 |
GE Capital European Funding 5.375% 2020 | €1,500 | 1,992 |
Lima Metro Line Finance Ltd. 5.875% 20343,6 | $2,938 | 3,221 |
Lockheed Martin Corp. 3.10% 2023 | 335 | 357 |
Lockheed Martin Corp. 3.55% 2026 | 555 | 611 |
Red de Carreteras de Occidente 9.00% 20286 | MXN18,470 | 1,017 |
Volvo Treasury AB 5.00% 2017 | €300 | 349 |
10,047 | ||
Total corporate bonds & notes | 833,656 | |
Mortgage-backed obligations 1.60% | ||
Core Industrial Trust, Series 2015-CALW, Class A, 3.04% 20343,6 | $5,430 | 5,748 |
Fannie Mae 6.00% 20376 | 203 | 232 |
Fannie Mae 4.00% 20416 | 224 | 240 |
Fannie Mae 4.00% 20416 | 180 | 194 |
Fannie Mae 4.00% 20416 | 151 | 162 |
Bonds, notes & other debt instruments Mortgage-backed obligations (continued) |
Principal amount (000) |
Value (000) |
Fannie Mae 4.00% 20416 | $47 | $50 |
Fannie Mae 4.00% 20466,7 | 16,750 | 17,955 |
Freddie Mac 4.00% 20466,7 | 36,700 | 39,285 |
Government National Mortgage Assn. 4.00% 20456 | 5,958 | 6,364 |
Government National Mortgage Assn. 4.50% 20456 | 14,047 | 15,053 |
Hilton USA Trust, Series 2013-HLF, Class AFX, 2.662% 20303,6 | 6,350 | 6,422 |
Korea Housing Finance Corp. 2.50% 20203,6 | 3,600 | 3,692 |
Nykredit Realkredit AS, Series 01E, 2.00% 20376 | DKr330,474 | 50,215 |
Nykredit Realkredit AS, Series 01E, 2.50% 20476 | 38,861 | 5,914 |
Realkredit Danmark AS, Series 22S, 2.00% 20376 | 99,486 | 15,076 |
166,602 | ||
Asset-backed obligations 0.10% | ||
Discover Card Execution Note Trust, Series 2015-A-1, Class A-1, 0.831% 20206,8 | $5,020 | 5,024 |
Hertz Vehicle Financing LLC, Rental Car Asset-backed Notes, Series 2015-1, Class A, 2.73% 20213,6 | 4,966 | 5,067 |
Santander Drive Auto Receivables Trust, Series 2015-1, Class A-2-A, 0.91% 20186 | 475 | 475 |
10,566 | ||
Total bonds, notes & other debt instruments (cost: $3,586,902,000) | 3,697,634 | |
Short-term securities 7.93% | ||
Bank of Montreal 0.85% due 9/7/2016 | 20,000 | 20,008 |
Bank of Tokyo-Mitsubishi UFJ, Ltd. 0.42% due 8/1/2016 | 20,800 | 20,799 |
Canadian Imperial Bank of Commerce 0.54% due 8/1/2016 | 25,000 | 25,001 |
Fannie Mae 0.35% due 12/16/2016 | 41,100 | 41,026 |
Federal Home Loan Bank 0.32%–0.55% due 8/11/2016–9/15/2016 | 86,800 | 86,775 |
General Electric Co. 0.34% due 8/1/2016 | 15,000 | 15,000 |
GlaxoSmithKline Finance PLC 0.55% due 9/26/20163 | 37,800 | 37,772 |
Gotham Funding Corp. 0.50% due 8/8/20163 | 30,600 | 30,596 |
Mizuho Bank, Ltd. 0.61%–0.62% due 8/24/2016–9/22/20163 | 178,400 | 178,281 |
Scotiabank Inc. 1.03% due 1/17/20173 | 31,900 | 31,744 |
Sumitomo Mitsui Banking Corp. 0.60%–0.72% due 8/10/2016–10/18/20163 | 65,800 | 65,700 |
Toronto-Dominion Holdings USA Inc. 0.68% due 10/19/20163 | 46,000 | 45,925 |
Total Capital Canada Ltd. 0.63% due 8/25/20163 | 43,900 | 43,888 |
Victory Receivables Corp. 0.52%–0.59% due 8/2/2016–9/16/20163 | 149,800 | 149,731 |
Westpac Banking Corp. 0.75% due 11/16/20163 | 29,900 | 29,825 |
Total short-term securities (cost: $822,096,000) | 822,071 | |
Total investment securities 100.03% (cost: $9,750,227,000) | 10,374,188 | |
Other assets less liabilities (0.03)% | (2,634) | |
Net assets 100.00% | $10,371,554 |
Settlement date |
Counterparty | Contract amount | Unrealized appreciation (depreciation) at 7/31/2016 (000) | ||
Receive (000) |
Deliver (000) | ||||
Purchases: | |||||
Euros | 8/26/2016 | Bank of America, N.A. | €16,873 | $18,591 | $294 |
Euros | 8/29/2016 | HSBC Bank | €7,854 | $8,656 | 136 |
Euros | 8/29/2016 | UBS AG | €1,725 | $1,928 | 3 |
Japanese yen | 8/4/2016 | JPMorgan Chase | ¥1,417,385 | $13,400 | 494 |
Japanese yen | 8/5/2016 | HSBC Bank | ¥1,828,833 | $17,322 | 605 |
Japanese yen | 8/12/2016 | JPMorgan Chase | ¥679,286 | $6,750 | (90) |
Japanese yen | 8/15/2016 | HSBC Bank | ¥1,462,951 | $13,827 | 519 |
Japanese yen | 8/17/2016 | UBS AG | ¥1,697,364 | $16,523 | 122 |
Japanese yen | 8/18/2016 | Citibank | ¥1,032,361 | $10,052 | 72 |
Japanese yen | 8/24/2016 | Citibank | ¥5,068,391 | $48,638 | 1,079 |
Japanese yen | 8/24/2016 | HSBC Bank | ¥2,745,952 | $26,356 | 580 |
Japanese yen | 8/24/2016 | Barclays Bank PLC | ¥839,623 | $8,056 | 180 |
Japanese yen | 8/25/2016 | Citibank | ¥1,366,343 | $12,912 | 492 |
Japanese yen | 9/12/2016 | Citibank | ¥873,392 | $8,500 | 74 |
Japanese yen | 9/23/2016 | UBS AG | ¥2,462,106 | $23,139 | 1,045 |
Norwegian kroner | 8/22/2016 | Bank of America, N.A. | NKr105,053 | $12,342 | 110 |
Swedish kronor | 8/8/2016 | UBS AG | SKr51,601 | $6,119 | (85) |
Swedish kronor | 8/17/2016 | Barclays Bank PLC | SKr51,991 | $6,072 | 9 |
Swedish kronor | 8/22/2016 | Bank of America, N.A. | SKr52,507 | $6,305 | (161) |
$5,478 | |||||
Sales: | |||||
British pounds | 8/3/2016 | JPMorgan Chase | $72,534 | £49,000 | $7,681 |
British pounds | 8/8/2016 | Citibank | $23,338 | £17,000 | 837 |
British pounds | 8/8/2016 | Barclays Bank PLC | €13,265 | £11,350 | (187) |
British pounds | 8/18/2016 | JPMorgan Chase | $13,890 | £10,567 | (99) |
British pounds | 8/19/2016 | UBS AG | $19,596 | £14,883 | (108) |
British pounds | 8/25/2016 | HSBC Bank | $13,406 | £10,150 | (33) |
British pounds | 8/25/2016 | HSBC Bank | $18,094 | £13,700 | (45) |
Euros | 8/10/2016 | Citibank | SKr97,772 | €10,300 | (88) |
Euros | 8/22/2016 | HSBC Bank | ¥2,557,591 | €21,900 | 579 |
Euros | 8/25/2016 | HSBC Bank | NKr105,785 | €11,300 | (108) |
Euros | 8/26/2016 | Citibank | SKr107,938 | €11,400 | (128) |
Euros | 8/29/2016 | UBS AG | $13,419 | €12,200 | (238) |
Indian rupees | 8/16/2016 | JPMorgan Chase | $12,361 | INR831,600 | (15) |
Israeli shekels | 8/22/2016 | Bank of America, N.A. | $6,662 | ILS25,700 | (80) |
Malaysian ringgits | 8/16/2016 | JPMorgan Chase | $7,075 | MYR28,000 | 204 |
Malaysian ringgits | 8/16/2016 | Citibank | $2,708 | MYR10,750 | 70 |
Malaysian ringgits | 8/19/2016 | UBS AG | $9,952 | MYR39,500 | 261 |
Polish zloty | 8/19/2016 | Barclays Bank PLC | $14,818 | PLN58,820 | (268) |
Settlement date |
Counterparty | Contract amount | Unrealized appreciation (depreciation) at 7/31/2016 (000) | ||
Receive (000) |
Deliver (000) | ||||
Polish zloty | 8/19/2016 | JPMorgan Chase | $30,768 | PLN122,180 | $(567) |
South African rand | 8/22/2016 | JPMorgan Chase | $7,070 | ZAR102,000 | (241) |
$7,427 | |||||
Forward currency contracts — net | $12,905 |
1 | Security did not produce income during the last 12 months. |
2 | Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $54,832,000, which represented .53% of the net assets of the fund. |
3 | Acquired in a transaction exempt from registration under Rule 144A or Section 4(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 $869,102,000, which represented 8.38% of the net assets of the fund. |
4 | Index-linked bond whose principal amount moves with a government price index. |
5 | A portion of this security was pledged as collateral. The total value of pledged collateral was $1,729,000, which represented .02% of the net assets of the fund. |
6 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
7 | Purchased on a TBA basis. |
8 | Coupon rate may change periodically. |
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 |
Mortgage-backed; asset-backed obligations | Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information |
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 |
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Common stocks: | ||||
Consumer staples | $954,241 | $— | $— | $954,241 |
Health care | 706,723 | — | — | 706,723 |
Energy | 661,165 | — | — | 661,165 |
Financials | 604,173 | 53,405 | — | 657,578 |
Utilities | 516,494 | 1,427 | — | 517,921 |
Information technology | 495,288 | — | — | 495,288 |
Telecommunication services | 445,429 | — | — | 445,429 |
Industrials | 364,746 | — | — | 364,746 |
Consumer discretionary | 334,672 | — | — | 334,672 |
Materials | 211,649 | — | — | 211,649 |
Miscellaneous | 484,233 | — | — | 484,233 |
Convertible stocks | 20,838 | — | — | 20,838 |
Bonds, notes & other debt instruments: | ||||
Bonds & notes of governments & government agencies outside the U.S. | — | 1,453,756 | — | 1,453,756 |
U.S. Treasury bonds & notes | — | 1,233,054 | — | 1,233,054 |
Corporate bonds & notes | — | 833,656 | — | 833,656 |
Mortgage-backed obligations | — | 166,602 | — | 166,602 |
Asset-backed obligations | — | 10,566 | — | 10,566 |
Short-term securities | — | 822,071 | — | 822,071 |
Total | $5,799,651 | $4,574,537 | $— | $10,374,188 |
Other investments* | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Unrealized appreciation on open forward currency contracts | $— | $15,446 | $— | $15,446 |
Liabilities: | ||||
Unrealized depreciation on open forward currency contracts | — | (2,541) | — | (2,541) |
Total | $— | $12,905 | $— | $12,905 |
* | Forward currency contracts are not included in the investment portfolio. |
Key to abbreviations and symbols | |
A$ = Australian dollars | ¥ = Japanese yen |
ADR = American Depositary Receipts | MXN = Mexican pesos |
CAD/C$ = Canadian dollars | MYR = Malaysian ringgits |
COP = Colombian pesos | NKr = Norwegian kroner |
DKr = Danish kroner | PHP = Philippine pesos |
€ = Euros | PLN = Polish zloty |
GBP/£ = British pounds | RUB = Russian rubles |
HKD = Hong Kong dollars | SKr = Swedish kronor |
ILS = Israeli shekels | TBA = To be announced |
INR = Indian rupees | ZAR = South African rand |
Federal income tax information | (dollars in thousands) |
Gross unrealized appreciation on investment securities | $1,110,704 |
Gross unrealized depreciation on investment securities | (492,956) |
Net unrealized appreciation on investment securities | 617,748 |
Cost of investment securities | 9,756,440 |
MFGEFPX-037-0916O-S54048 | American Funds Global Balanced Fund — Page 17 of 17 |
ITEM 2 – Controls and Procedures
The Registrant’s Principal Executive Officer and Principal Financial Officer have concluded, based on their evaluation of the Registrant’s disclosure controls and procedures (as such term is defined in Rule 30a-3 under the Investment Company Act of 1940), that such controls and procedures are adequate and reasonably designed to achieve the purposes described in paragraph (c) of such rule.
There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
ITEM 3 – Exhibits
The certifications required by Rule 30a-2 of the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002 are attached as exhibits hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
AMERICAN FUNDS GLOBAL BALANCED FUND | |
By _/s/ Eric S. Richter | |
Eric S. Richter, Vice Chairman, President and Principal Executive Officer | |
Date: September 28, 2016 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
By _/s/ Eric S. Richter |
Eric S. Richter, Vice Chairman, President and Principal Executive Officer |
Date: September 28, 2016 |
By _/s/ Kimberley Monasterio |
Kimberley H. Monasterio, Treasurer and Principal Financial Officer |
Date: September 28, 2016 |
American Funds Global Balanced Fund 6455 Irvine Center Drive Irvine, California 92618 (213) 486-9200 |
CERTIFICATION
I, Eric S. Richter, certify that:
1. | I have reviewed this report on Form N-Q of American Funds Global Balanced Fund; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which this report is filed; |
4. | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; | |
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | |
c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and | |
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and | |
5. | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's Board of Trustees (or persons performing the equivalent functions): |
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and | |
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. |
Date: September 28, 2016
/s/ Eric S. Richter
Eric S. Richter, Vice Chairman, President and
Principal Executive Officer
American Funds Global Balanced Fund
American Funds Global Balanced Fund 6455 Irvine Center Drive Irvine, California 92618 (213) 486-9200 |
CERTIFICATION
I, Kimberley H. Monasterio, certify that:
1. | I have reviewed this report on Form N-Q of American Funds Global Balanced Fund; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which this report is filed; |
4. | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; | |
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | |
c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and | |
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and | |
5. | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's Board of Trustees (or persons performing the equivalent functions): |
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and | |
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. |
Date: September 28, 2016
/s/ Kimberley Monasterio
Kimberley H. Monasterio, Treasurer and
Principal Financial Officer
American Funds Global Balanced Fund
Create E-mail Alert Related Categories
SEC FilingsRelated Entities
The Capital Group CompaniesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!