N-Q 1 bfa_nq.htm N-Q

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: 811-02444

 

 

 

The Bond Fund of America

(Exact Name of Registrant as Specified in Charter)

 

333 South Hope Street

Los Angeles, California 90071

(Address of Principal Executive Offices)

 

 

 

 

Registrant's telephone number, including area code: (213) 486-9200

 

Date of fiscal year end: December 31

 

Date of reporting period: September 30, 2017

 

 

 

 

 

Steven I. Koszalka

The Bond Fund of America

333 South Hope Street

Los Angeles, California 90071

(Name and Address of Agent for Service)

 

 

 
 

ITEM 1 – Schedule of Investments

 

 

 

 

The Bond Fund of America®

Investment portfolio

September 30, 2017

 

 

unaudited

 

 

Bonds, notes & other debt instruments 94.88%
U.S. Treasury bonds & notes 31.76%
U.S. Treasury 28.14%
Principal?amount
(000)
Value
(000)
U.S. Treasury 1.125% 2019 $3,650 $3,636
U.S. Treasury 1.625% 2019 121,450 121,718
U.S. Treasury 1.75% 2019 43,000 43,217
U.S. Treasury 1.25% 2020 20,100 19,958
U.S. Treasury 1.25% 2020 12,750 12,665
U.S. Treasury 1.375% 2020 681 675
U.S. Treasury 1.50% 2020 91,500 91,325
U.S. Treasury 1.50% 2020 59,650 59,510
U.S. Treasury 1.50% 2020 37,610 37,529
U.S. Treasury 1.625% 20201 237,000 237,104
U.S. Treasury 1.75% 2020 165,290 165,563
U.S. Treasury 1.75% 2020 99,480 99,767
U.S. Treasury 2.00% 2020 110,240 111,331
U.S. Treasury 3.625% 2020 20,000 20,969
U.S. Treasury 1.125% 2021 169,650 165,363
U.S. Treasury 1.125% 2021 17,435 17,012
U.S. Treasury 1.25% 2021 4,800 4,693
U.S. Treasury 1.375% 20211 133,000 131,566
U.S. Treasury 1.375% 2021 37,369 36,897
U.S. Treasury 1.75% 2021 61,178 60,972
U.S. Treasury 2.00% 2021 178,620 180,044
U.S. Treasury 2.00% 2021 80,000 80,713
U.S. Treasury 2.00% 2021 50,250 50,619
U.S. Treasury 2.125% 2021 93,000 94,061
U.S. Treasury 2.125% 2021 21,100 21,359
U.S. Treasury 2.25% 20211 105,000 106,851
U.S. Treasury 2.25% 2021 74,693 75,988
U.S. Treasury 3.625% 2021 200 213
U.S. Treasury 1.75% 2022 198,200 196,908
U.S. Treasury 1.75% 2022 68,000 67,506
U.S. Treasury 1.75% 2022 60,000 59,712
U.S. Treasury 1.875% 2022 627,500 626,935
U.S. Treasury 1.875% 2022 474,385 473,308
U.S. Treasury 1.875% 2022 132,000 131,964
U.S. Treasury 1.875% 2022 50,000 49,893
U.S. Treasury 2.00% 2022 49,310 49,408
U.S. Treasury 2.125% 2022 324,830 327,214
U.S. Treasury 2.125% 2022 85,340 86,167
U.S. Treasury 1.50% 20231 417,860 407,234
U.S. Treasury 1.625% 2023 38,265 37,444
U.S. Treasury 2.125% 2023 140,663 141,101
U.S. Treasury 2.25% 2023 168,310 169,907
U.S. Treasury 2.50% 2023 26,735 27,425
U.S. Treasury 2.00% 2024 417,993 414,515
U.S. Treasury 2.00% 2024 312,948 310,160
U.S. Treasury 2.00% 2024 95,000 94,266

 

The Bond Fund of America — Page 1 of 45

 


 

 

unaudited

 

 

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% 2024 $779,698 $777,960
U.S. Treasury 2.125% 2024 440,150 439,512
U.S. Treasury 2.375% 2024 45,000 45,635
U.S. Treasury 2.50% 2024 126,500 129,401
U.S. Treasury 2.00% 2025 37,410 36,903
U.S. Treasury 2.125% 2025 61,750 61,311
U.S. Treasury 6.875% 2025 70,145 93,934
U.S. Treasury 1.625% 2026 32,158 30,548
U.S. Treasury 2.00% 2026 41,600 40,508
U.S. Treasury 2.25% 2027 833,568 827,316
U.S. Treasury 2.25% 2027 113,000 112,233
U.S. Treasury 2.375% 2027 197,613 198,279
U.S. Treasury 4.50% 2036 84,207 108,247
U.S. Treasury 3.125% 2041 5,000 5,288
U.S. Treasury 2.875% 2043 3,750 3,777
U.S. Treasury 2.875% 2045 121,150 121,646
U.S. Treasury 3.00% 2045 14,850 15,272
U.S. Treasury 2.25% 2046 72,000 63,259
U.S. Treasury 2.50% 2046 333,095 309,592
U.S. Treasury 2.50% 2046 22,000 20,429
U.S. Treasury 2.875% 2046 19,354 19,407
U.S. Treasury 2.75% 2047 193,517 189,178
U.S. Treasury 3.00% 2047 751,797 772,922
U.S. Treasury 3.00% 2047 13,950 14,337
    10,159,279
U.S. Treasury inflation-protected securities 3.62%    
U.S. Treasury Inflation-Protected Security 0.625% 20242 129,068 131,811
U.S. Treasury Inflation-Protected Security 0.25% 20252 77,255 76,472
U.S. Treasury Inflation-Protected Security 0.375% 20252 82,064 82,056
U.S. Treasury Inflation-Protected Security 0.125% 20262 222,630 216,442
U.S. Treasury Inflation-Protected Security 0.625% 20262 99,375 100,683
U.S. Treasury Inflation-Protected Security 2.00% 20262 24,050 27,042
U.S. Treasury Inflation-Protected Security 0.375% 20272 149,006 147,490
U.S. Treasury Inflation-Protected Security 0.375% 20272 92,116 90,962
U.S. Treasury Inflation-Protected Security 1.75% 20282 4,908 5,492
U.S. Treasury Inflation-Protected Security 2.125% 20412 13,772 17,428
U.S. Treasury Inflation-Protected Security 0.75% 20422 185,522 179,271
U.S. Treasury Inflation-Protected Security 1.375% 20442 52,659 58,097
U.S. Treasury Inflation-Protected Security 1.00% 20462 41,180 41,769
U.S. Treasury Inflation-Protected Security 0.875% 20472 132,531 130,548
    1,305,563
Total U.S. Treasury bonds & notes   11,464,842
Corporate bonds & notes 30.63%
Financials 7.54%
   
ACE INA Holdings Inc. 2.30% 2020 15,615 15,733
ACE INA Holdings Inc. 2.875% 2022 3,270 3,332
ACE INA Holdings Inc. 3.35% 2026 1,485 1,524
ACE INA Holdings Inc. 4.35% 2045 1,715 1,888
Ally Financial Inc. 4.25% 2021 22,000 22,825
Ally Financial Inc. 5.125% 2024 20,000 21,734
Ally Financial Inc. 8.00% 2031 28,195 36,510

 

The Bond Fund of America — Page 2 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Financials (continued)
Principal?amount
(000)
Value
(000)
Ally Financial Inc. 8.00% 2031 $13,810 $17,849
American Express Co. 1.55% 2018 3,000 2,999
Australia & New Zealand Banking Group Ltd. 2.625% 2022 21,100 21,134
AXA SA 8.60% 2030 6,715 9,636
Banco Nacional de Comercio Exterior SNC 3.80% 20263 1,850 1,857
Banco Santander, SA 2.70% 2019 7,500 7,561
Banco Santander, SA 3.70% 20223 51,900 52,917
Banco Santander, SA 4.40% 20273 13,075 13,370
Bank of America Corp. 5.625% 2020 10,500 11,438
Bank of America Corp. 2.328% 2021 6,650 6,646
Bank of America Corp. 2.625% 2021 12,000 12,100
Bank of America Corp. 2.816% 2023 65,975 66,048
Bank of America Corp. 3.124% 2023 57,000 57,930
Bank of America Corp. 3.248% 2027 3,150 3,089
Bank of America Corp. 3.593% 2028 23,910 24,130
Bank of America Corp. 3.824% 2028 5,756 5,916
Barclays Bank PLC 3.25% 2021 11,105 11,320
Barclays Bank PLC 3.65% 2025 1,190 1,194
Barclays Bank PLC 4.375% 2026 19,250 20,125
BB&T Corp. 2.45% 2020 13,500 13,646
BBVA Bancomer SA 6.50% 20213 1,000 1,107
Berkshire Hathaway Inc. 2.00% 2018 5,210 5,236
Berkshire Hathaway Inc. 2.20% 2021 1,115 1,123
BPCE SA group 5.70% 20233 25,976 28,954
BPCE SA group 5.15% 20243 24,598 26,547
BPCE SA group 4.50% 20253 5,865 6,095
Capital One Financial Corp. 1.85% 2019 6,000 5,960
Capital One Financial Corp. 2.50% 2020 62,700 63,020
Carlyle Investment Management (1-month USD-LIBOR + 2.00%) 3.299% 20193,4,5,6 4,462 4,462
Carlyle Investment Management (1-month USD-LIBOR + 2.00%) 3.299% 20193,4,5,6 2,014 2,014
CBOE Holdings, Inc. 1.95% 2019 3,325 3,323
Charles Schwab Corp. 2.20% 2018 1,390 1,397
Charles Schwab Corp, Series E, junior subordinated 4.625% 2049 22,500 23,085
Citigroup Inc. 2.05% 2019 13,500 13,515
Citigroup Inc. 8.50% 2019 5,695 6,285
Citigroup Inc. 2.35% 2021 16,500 16,425
Citigroup Inc. 2.70% 2021 13,500 13,654
Citigroup Inc. 2.90% 2021 36,000 36,469
Citigroup Inc. 2.75% 2022 30,300 30,404
Citigroup Inc. 2.876% 2023 33,232 33,301
Citigroup Inc. 3.20% 2026 5,452 5,378
Citigroup Inc. 3.668% 2028 4,925 4,968
CNA Financial Corp. 3.95% 2024 6,705 6,996
Commonwealth Bank of Australia 2.50% 20223 7,500 7,493
Commonwealth Bank of Australia 3.90% 20473 8,000 8,054
Crédit Agricole SA 3.25% 20243 16,500 16,540
Crédit Agricole SA 3.375% 20223 17,850 18,275
Crédit Agricole SA 4.375% 20253 8,595 8,947
Credit Suisse Group AG 3.45% 2021 11,250 11,554
Credit Suisse Group AG 3.80% 2022 15,903 16,521
Credit Suisse Group AG (3-month USD-LIBOR + 1.20%) 2.519% 20233,6 5,750 5,797
Credit Suisse Group AG 2.997% 20233 17,750 17,713
Credit Suisse Group AG 3.574% 20233 11,000 11,273
Credit Suisse Group AG 3.80% 2023 17,775 18,417

 

The Bond Fund of America — Page 3 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Financials (continued)
Principal?amount
(000)
Value
(000)
Credit Suisse Group AG 3.75% 2025 $7,600 $7,751
Credit Suisse Group AG 4.55% 2026 11,000 11,821
Danske Bank AS 2.00% 20213 13,010 12,816
Danske Bank AS 2.70% 20223 15,985 16,078
Deutsche Bank AG 2.50% 2019 10,000 10,061
Deutsche Bank AG 2.85% 2019 25,500 25,762
Deutsche Bank AG 2.70% 2020 13,000 13,059
Discover Financial Services 2.00% 2018 5,200 5,208
Discover Financial Services 10.25% 2019 3,150 3,544
Discover Financial Services 4.10% 2027 17,700 18,012
DNB ASA 2.375% 20213 27,000 26,911
Goldman Sachs Group, Inc. 2.55% 2019 20,200 20,439
Goldman Sachs Group, Inc. 2.60% 2020 11,060 11,165
Goldman Sachs Group, Inc. 2.905% 2023 176,552 176,823
Goldman Sachs Group, Inc. 2.908% 2023 34,250 34,250
Goldman Sachs Group, Inc. 2.917% 20236 1,239 1,286
Goldman Sachs Group, Inc. 3.691% 2028 19,072 19,254
HSBC Bank PLC 1.50% 20183 12,650 12,640
HSBC Holdings PLC 4.125% 20203 9,453 9,960
HSBC Holdings PLC 2.65% 2022 11,000 11,028
HSBC Holdings PLC 3.262% 2023 15,000 15,315
HSBC Holdings PLC 4.375% 2026 6,675 6,972
HSBC Holdings PLC 4.041% 2028 8,925 9,327
HSBK (Europe) BV 7.25% 20213 3,710 4,099
Intesa Sanpaolo SpA 3.875% 2019 7,000 7,148
Intesa Sanpaolo SpA 3.125% 20223 17,025 17,081
Intesa Sanpaolo SpA 5.017% 20243 97,690 99,423
Intesa Sanpaolo SpA 5.71% 20263 24,775 26,143
Intesa Sanpaolo SpA 3.875% 20273 6,700 6,738
iStar Financial Inc. 4.00% 2017 775 776
JPMorgan Chase & Co. 2.25% 2020 14,000 14,077
JPMorgan Chase & Co. 2.55% 2020 14,230 14,395
JPMorgan Chase & Co. 2.40% 2021 17,500 17,565
JPMorgan Chase & Co. 2.55% 2021 26,400 26,671
JPMorgan Chase & Co. 2.70% 2023 20,975 20,990
JPMorgan Chase & Co. 2.776% 2023 15,200 15,288
JPMorgan Chase & Co. 3.54% 2028 23,475 23,707
Keybank National Association 2.50% 2019 13,500 13,660
Leucadia National Corp. 5.50% 2023 4,695 5,025
Lloyds Banking Group PLC 4.582% 2025 6,343 6,683
Lloyds Banking Group PLC 4.65% 2026 2,500 2,647
Lloyds Banking Group PLC 3.75% 2027 7,500 7,642
MetLife Global Funding I 2.00% 20203 8,185 8,169
MetLife Global Funding I 2.50% 20203 7,500 7,567
MetLife Global Funding I 1.95% 20213 8,000 7,874
MetLife, Inc. 2.05% 20203 3,250 3,247
MetLife, Inc. 3.60% 2024 6,190 6,475
Metropolitan Life Global Funding I, 1.75% 20183 6,550 6,543
Metropolitan Life Global Funding I, 3.45% 20263 1,815 1,870
Mitsubishi UFJ Financial Group, Inc. 2.19% 2021 13,500 13,341
Mitsubishi UFJ Financial Group, Inc. 2.665% 2022 48,600 48,556
Mitsubishi UFJ Financial Group, Inc. 2.998% 2022 9,825 9,964
Morgan Stanley 2.125% 2018 3,370 3,380
Morgan Stanley 2.50% 2021 51,900 52,083

 

The Bond Fund of America — Page 4 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Financials (continued)
Principal?amount
(000)
Value
(000)
Morgan Stanley 2.625% 2021 $22,000 $22,078
Morgan Stanley (3-month USD-LIBOR + 1.18%) 2.487% 20226 4,275 4,337
Morgan Stanley 2.75% 2022 15,500 15,568
Morgan Stanley (3-month USD-LIBOR + 1.22%) 2.532% 20246 35,761 36,237
Morgan Stanley 3.125% 2026 8,910 8,746
Morgan Stanley 3.625% 2027 24,207 24,573
National Australia Bank Ltd. 2.50% 2022 15,500 15,485
New York Life Global Funding 1.50% 20193 2,445 2,426
New York Life Global Funding 2.10% 20193 17,000 17,093
New York Life Global Funding 1.95% 20203 2,190 2,190
New York Life Global Funding 1.95% 20203 2,000 1,969
New York Life Global Funding 1.70% 20213 38,165 37,365
Nordea Bank AB 2.50% 20203 2,745 2,771
Northern Trust Corp. 5.85% 20173 1,050 1,055
PNC Bank 2.40% 2019 22,433 22,631
PNC Bank 2.30% 2020 12,500 12,599
PNC Bank 2.60% 2020 1,775 1,802
PRICOA Global Funding I 2.45% 20223 3,675 3,679
Prudential Financial, Inc. 3.50% 2024 4,900 5,104
QBE Insurance Group Ltd. 2.40% 20183 18,590 18,647
Rabobank Nederland 2.25% 2019 13,000 13,098
Rabobank Nederland 2.50% 2021 8,500 8,590
Rabobank Nederland 4.375% 2025 5,945 6,251
Royal Bank of Canada 2.125% 2020 8,900 8,941
Royal Bank of Scotland PLC 3.498% 2023 13,000 13,093
Skandinaviska Enskilda Banken AB 1.875% 2021 13,500 13,254
Skandinaviska Enskilda Banken AB 2.625% 2021 15,275 15,419
Sovereign Bancorp, Inc. 8.75% 2018 1,880 1,963
Sumitomo Mitsui Banking Corp. 2.784% 2022 27,300 27,386
Svenska Handelsbanken AB 1.875% 2021 8,920 8,785
TD Ameritrade Holding Co. 3.30% 2027 14,000 14,154
Toronto-Dominion Bank 1.45% 2018 10,000 9,986
Travelers Companies, Inc. 4.00% 2047 1,750 1,816
UBS Group AG 2.95% 20203 13,500 13,719
UBS Group AG 2.859% 20233 6,700 6,684
UBS Group AG 4.125% 20253 8,200 8,631
UniCredit SPA 3.75% 20223 33,775 34,648
UniCredit SPA 4.625% 20273 21,740 22,864
UniCredit SPA 5.861% 20323 39,100 41,077
Unum Group 5.625% 2020 345 376
Unum Group 3.00% 2021 2,085 2,114
Unum Group 3.875% 2025 3,190 3,270
US Bancorp. 3.15% 2027 9,000 9,060
VEB Finance Ltd. 6.902% 20203 9,100 9,855
VEB Finance Ltd. 6.80% 20253 500 565
Wells Fargo & Co. 2.55% 2020 5,655 5,721
Wells Fargo & Co. 2.10% 2021 40,600 40,236
Wells Fargo & Co. 2.50% 2021 13,500 13,596
Wells Fargo & Co. 2.625% 2022 139,225 139,548
Wells Fargo & Co. 3.069% 2023 15,000 15,262
Wells Fargo & Co. 3.584% 2028 31,700 32,134
    2,721,513

 

The Bond Fund of America — Page 5 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Health care 4.59%
Principal?amount
(000)
Value
(000)
Abbott Laboratories 2.80% 2020 $9,405 $9,570
Abbott Laboratories 2.90% 2021 96,166 97,894
Abbott Laboratories 3.40% 2023 35,025 36,103
Abbott Laboratories 3.75% 2026 67,215 69,072
Abbott Laboratories 4.75% 2036 1,905 2,105
Abbott Laboratories 4.90% 2046 14,475 16,223
AbbVie Inc. 1.80% 2018 6,400 6,410
AbbVie Inc. 2.50% 2020 18,135 18,361
AbbVie Inc. 2.30% 2021 26,985 26,957
AbbVie Inc. 2.90% 2022 7,110 7,217
AbbVie Inc. 3.20% 2022 2,140 2,196
AbbVie Inc. 2.85% 2023 13,370 13,486
AbbVie Inc. 3.60% 2025 13,500 14,014
AbbVie Inc. 3.20% 2026 39,000 39,135
AbbVie Inc. 4.50% 2035 7,250 7,822
AbbVie Inc. 4.45% 2046 25,650 27,093
Aetna Inc. 1.70% 2018 27,770 27,793
Allergan PLC 2.35% 2018 14,250 14,293
Allergan PLC 3.00% 2020 30,830 31,489
Allergan PLC 3.45% 2022 22,040 22,895
Allergan PLC 3.80% 2025 7,000 7,278
Allergan PLC 4.75% 2045 1,374 1,493
Amgen Inc. 1.85% 2021 13,235 13,015
Amgen Inc. 2.65% 2022 17,850 18,010
AstraZeneca PLC 2.375% 2022 27,605 27,392
Becton, Dickinson and Co. 2.675% 2019 2,792 2,827
Becton, Dickinson and Co. 2.404% 2020 19,675 19,753
Becton, Dickinson and Co. 2.894% 2022 40,430 40,560
Becton, Dickinson and Co. 3.363% 2024 38,045 38,441
Becton, Dickinson and Co. 3.70% 2027 61,090 61,691
Biogen Inc. 3.625% 2022 12,125 12,733
Boston Scientific Corp. 2.85% 2020 10,015 10,187
Boston Scientific Corp. 3.375% 2022 5,000 5,134
Catholic Health Initiatives, Series 2012, 1.60% 2017 1,250 1,250
Celgene Corp. 3.875% 2025 6,725 7,105
Centene Corp. 4.75% 2025 2,400 2,496
Concordia Healthcare Corp. 9.00% 20223 2,025 1,590
Concordia Healthcare Corp. 9.50% 20223 5,590 1,006
Concordia Healthcare Corp. 7.00% 20233 1,400 234
Dignity Health 3.125% 2022 4,100 4,109
EMD Finance LLC 2.40% 20203 37,585 37,896
EMD Finance LLC 2.95% 20223 21,145 21,507
EMD Finance LLC 3.25% 20253 2,760 2,802
Endo International PLC 5.875% 20243 625 658
Humana Inc. 3.95% 2027 4,750 4,975
Kinetic Concepts, Inc. 12.50% 20213 5,955 6,655
Laboratory Corporation of America Holdings 3.60% 2027 3,500 3,526
Laboratory Corporation of America Holdings 4.70% 2045 4,780 4,940
Medtronic, Inc. 3.35% 2027 5,210 5,359
Molina Healthcare, Inc. 5.375% 2022 11,363 11,767
Molina Healthcare, Inc. 4.875% 20253 10,115 10,014
Mylan Laboratories Inc. 2.50% 2019 10,500 10,545
Mylan Laboratories Inc. 3.15% 2021 14,800 15,069
Pfizer Inc. 7.20% 2039 1,829 2,702

 

The Bond Fund of America — Page 6 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Health care (continued)
Principal?amount
(000)
Value
(000)
Roche Holdings, Inc. 3.35% 20243 $5,700 $5,912
Roche Holdings, Inc. 3.00% 20253 2,000 2,018
Roche Holdings, Inc. 2.375% 20273 15,615 14,840
Roche Holdings, Inc. 4.00% 20443 1,100 1,150
Rotech Healthcare Inc., Term Loan, (3-month USD-LIBOR + 11.00%)
13.00% 2020 (84.62% PIK)4,5,6,7,8
7,887 7,422
Rotech Healthcare Inc., Term Loan A, (3-month USD-LIBOR + 4.25%) 5.583% 20184,5,6,7 3,456 3,439
Rotech Healthcare Inc., Term Loan B, (3-month USD-LIBOR + 8.75%) 10.083% 20194,5,6,7 2,715 2,701
Shire PLC 1.90% 2019 34,520 34,464
Shire PLC 2.40% 2021 90,772 90,517
Shire PLC 2.875% 2023 50,420 50,221
Shire PLC 3.20% 2026 49,665 49,035
Tenet Healthcare Corp. 4.625% 20243 30,586 30,318
Teva Pharmaceutical Finance Company BV 1.40% 2018 23,725 23,640
Teva Pharmaceutical Finance Company BV 1.70% 2019 35,500 34,998
Teva Pharmaceutical Finance Company BV 2.20% 2021 66,983 64,476
Teva Pharmaceutical Finance Company BV 2.80% 2023 100,192 95,905
Teva Pharmaceutical Finance Company BV 3.15% 2026 108,120 99,828
Teva Pharmaceutical Finance Company BV 4.10% 2046 61,980 52,385
Thermo Fisher Scientific Inc. 2.40% 2019 4,261 4,291
Thermo Fisher Scientific Inc. 4.15% 2024 4,005 4,279
UnitedHealth Group Inc. 1.90% 2018 7,750 7,771
UnitedHealth Group Inc. 3.75% 2025 5,680 6,032
Valeant Pharmaceuticals International, Inc. 7.50% 20213 3,000 3,000
Valeant Pharmaceuticals International, Inc. 6.50% 20223 1,075 1,137
Valeant Pharmaceuticals International, Inc. 5.875% 20233 5,000 4,431
Valeant Pharmaceuticals International, Inc. 7.00% 20243 2,000 2,135
WellPoint, Inc. 2.30% 2018 6,680 6,710
WellPoint, Inc. 2.25% 2019 18,500 18,586
Zimmer Holdings, Inc. 2.00% 2018 4,010 4,015
Zimmer Holdings, Inc. 2.70% 2020 11,340 11,458
Zimmer Holdings, Inc. 3.15% 2022 13,976 14,221
    1,656,182
Energy 4.39%    
Anadarko Petroleum Corp. 4.85% 2021 19,595 20,792
Anadarko Petroleum Corp. 5.55% 2026 24,870 27,774
Anadarko Petroleum Corp. 6.45% 2036 685 817
Anadarko Petroleum Corp. 6.20% 2040 635 740
Anadarko Petroleum Corp. 6.60% 2046 14,440 17,932
APT Pipelines Ltd. 4.20% 20253 2,975 3,096
Blue Racer Midstream LLC / Blue Racer Finance Corp. 6.125% 20223 5,030 5,244
Boardwalk Pipelines, LP 4.45% 2027 5,505 5,614
Canadian Natural Resources Ltd. 3.45% 2021 1,600 1,651
Canadian Natural Resources Ltd. 2.95% 2023 5,095 5,070
Canadian Natural Resources Ltd. 3.80% 2024 1,780 1,832
Canadian Natural Resources Ltd. 3.85% 2027 23,525 23,809
Canadian Natural Resources Ltd. 4.95% 2047 9,560 10,057
Cenovus Energy Inc. 3.00% 2022 9,115 8,973
Cenovus Energy Inc. 3.80% 2023 8,285 8,334
Cenovus Energy Inc. 4.25% 20273 50,270 49,918
Cenovus Energy Inc. 5.25% 20373 3,139 3,123
Cenovus Energy Inc. 5.40% 20473 39,967 40,204
Cheniere Energy, Inc. 7.00% 2024 17,435 19,898

 

The Bond Fund of America — Page 7 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Energy (continued)
Principal?amount
(000)
Value
(000)
Cheniere Energy, Inc. 5.125% 20273 $9,975 $10,324
Chesapeake Energy Corp. 8.00% 20253 4,450 4,506
Chevron Corp. 2.10% 2021 17,000 17,013
Chevron Corp. 2.498% 2022 9,675 9,759
Columbia Pipeline Partners LP 2.45% 2018 7,500 7,527
Columbia Pipeline Partners LP 5.80% 2045 2,135 2,571
DCP Midstream Operating LP 4.95% 2022 1,495 1,559
Devon Energy Corp. 5.85% 2025 285 329
Devon Energy Corp. 5.00% 2045 3,925 4,149
Diamond Offshore Drilling, Inc. 7.875% 2025 6,500 6,898
Diamond Offshore Drilling, Inc. 5.70% 2039 600 497
Diamond Offshore Drilling, Inc. 4.875% 2043 38,200 28,841
Ecopetrol SA 5.875% 2023 1,620 1,803
Ecopetrol SA 5.875% 2045 2,545 2,497
Enbridge Energy Partners, LP 9.875% 2019 15,755 17,424
Enbridge Energy Partners, LP 4.375% 2020 7,875 8,282
Enbridge Energy Partners, LP 5.20% 2020 1,500 1,598
Enbridge Energy Partners, LP 4.20% 2021 600 627
Enbridge Energy Partners, LP 5.875% 2025 32,845 37,502
Enbridge Energy Partners, LP 5.50% 2040 3,500 3,670
Enbridge Energy Partners, LP 7.375% 2045 50,995 65,881
Enbridge Energy Partners, LP, Series B, 6.50% 2018 10,820 11,090
Enbridge Inc. 2.90% 2022 5,346 5,382
Enbridge Inc. 4.00% 2023 25,440 26,783
Enbridge Inc. 3.50% 2024 3,965 4,031
Enbridge Inc. 4.25% 2026 755 795
Enbridge Inc. 3.70% 2027 21,475 21,765
Enbridge Inc. 5.50% 2046 1,150 1,325
Energy Transfer Partners, LP 4.15% 2020 3,000 3,135
Energy Transfer Partners, LP 5.875% 2024 1,375 1,483
Energy Transfer Partners, LP 4.75% 2026 12,100 12,753
Energy Transfer Partners, LP 4.00% 2027 27,568 27,509
Energy Transfer Partners, LP 4.20% 2027 20,135 20,417
Energy Transfer Partners, LP 5.50% 2027 1,315 1,391
Energy Transfer Partners, LP 6.125% 2045 22,270 24,531
Energy Transfer Partners, LP 5.30% 2047 54,985 55,284
Energy Transfer Partners, LP 5.40% 2047 26,001 26,563
EnLink Midstream Partners, LP 2.70% 2019 9,060 9,088
EnLink Midstream Partners, LP 4.40% 2024 5,870 6,072
EnLink Midstream Partners, LP 4.15% 2025 17,190 17,378
EnLink Midstream Partners, LP 4.85% 2026 2,710 2,840
EnLink Midstream Partners, LP 5.05% 2045 2,535 2,450
EnLink Midstream Partners, LP 5.45% 2047 4,020 4,162
Ensco PLC 5.20% 2025 1,860 1,572
Ensco PLC 5.75% 2044 2,380 1,720
EQT Corp. 2.50% 2020 13,660 13,718
EQT Corp. 3.00% 2022 15,650 15,692
EQT Corp. 3.90% 2027 23,705 23,747
Exxon Mobil Corp. 2.222% 2021 13,500 13,606
Gazprom OJSC 6.51% 20223 8,350 9,287
Halliburton Co. 3.80% 2025 17,695 18,245
Halliburton Co. 5.00% 2045 17,940 19,742
Kinder Morgan 3.15% 2023 1,280 1,287
Kinder Morgan Energy Partners, LP 5.30% 2020 1,250 1,347

 

The Bond Fund of America — Page 8 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Energy (continued)
Principal?amount
(000)
Value
(000)
Kinder Morgan Energy Partners, LP 6.85% 2020 $12,840 $14,098
Kinder Morgan Energy Partners, LP 6.95% 2038 2,350 2,858
Kinder Morgan Energy Partners, LP 6.55% 2040 750 859
Kinder Morgan Finance Co. 5.05% 2046 16,272 16,779
Kinder Morgan, Inc. 4.30% 2025 7,580 7,950
Kinder Morgan, Inc. 5.30% 2034 5,825 6,096
Kinder Morgan, Inc. 5.55% 2045 11,805 12,772
Marathon Oil Corp. 4.40% 2027 48,050 49,145
MPLX LP 4.125% 2027 2,400 2,447
MPLX LP 5.20% 2047 1,565 1,644
NGL Energy Partners LP 6.875% 2021 2,455 2,467
NGPL PipeCo LLC 4.375% 20223 1,045 1,087
NGPL PipeCo LLC 4.875% 20273 1,230 1,292
Noble Corp. PLC 5.75% 2018 400 405
Noble Corp. PLC 7.70% 2025 2,425 2,085
Noble Corp. PLC 8.70% 2045 4,155 3,469
Noble Energy, Inc. 3.85% 2028 5,825 5,846
Noble Energy, Inc. 4.95% 2047 6,185 6,326
Odebrecht Drilling Norbe VIII/IX Ltd 6.35% 20213,5,9 4,186 2,732
Odebrecht Offshore Drilling Finance Ltd. 6.75% 20223,5 8,782 3,183
Peabody Energy Corp. 6.00% 20223 575 596
Peabody Energy Corp. 6.375% 20253 575 593
Petrobras Global Finance Co. 6.125% 2022 15,270 16,453
Petrobras Global Finance Co. 4.375% 2023 3,670 3,637
Petrobras Global Finance Co. 6.25% 2024 410 439
Petrobras Global Finance Co. 5.299% 20253 22,500 22,494
Petrobras Global Finance Co. 7.375% 2027 4,480 4,941
Petrobras Global Finance Co. 5.999% 20283 19,206 19,230
Petrobras Global Finance Co. 7.25% 2044 12,375 12,932
Petrobras Global Finance Co. 6.85% 2115 1,910 1,825
Petróleos Mexicanos 6.375% 2021 3,800 4,172
Petróleos Mexicanos 4.625% 2023 7,600 7,869
Petróleos Mexicanos 4.50% 2026 6,725 6,730
Petróleos Mexicanos 6.875% 2026 7,315 8,339
Petróleos Mexicanos 7.47% 2026 MXN200,000 10,060
Petróleos Mexicanos 6.50% 20273 $5,290 5,880
Petróleos Mexicanos 5.50% 2044 6,105 5,708
Petróleos Mexicanos 5.625% 2046 1,150 1,074
Petróleos Mexicanos 6.75% 20473 27,895 29,592
Petróleos Mexicanos 6.75% 2047 27,401 29,220
Phillips 66 Partners LP 3.605% 2025 2,570 2,568
Phillips 66 Partners LP 3.55% 2026 1,870 1,832
Phillips 66 Partners LP 4.68% 2045 205 199
Phillips 66 Partners LP 4.90% 2046 1,855 1,863
Plains All American Pipeline, LP 4.50% 2026 4,750 4,828
QGOG Atlantic/Alaskan Rigs Ltd. 5.25% 20193,5 3,418 3,367
QGOG Constellation SA 9.50% 20243,5,8 2,775 2,137
Range Resources Corp. 4.875% 2025 3,000 2,970
Ras Laffan Liquefied Natural Gas II 5.298% 20203,5 1,791 1,864
Ras Laffan Liquefied Natural Gas III 6.332% 20275 1,000 1,156
Royal Dutch Shell PLC 3.75% 2046 26,915 26,489
Sabine Pass Liquefaction, LLC 5.625% 2021 925 1,003
Sabine Pass Liquefaction, LLC 6.25% 2022 4,200 4,727
Sabine Pass Liquefaction, LLC 5.625% 2023 14,000 15,530

 

The Bond Fund of America — Page 9 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Energy (continued)
Principal?amount
(000)
Value
(000)
Sabine Pass Liquefaction, LLC 5.75% 2024 $12,100 $13,498
Sabine Pass Liquefaction, LLC 5.625% 2025 26,740 29,532
Sabine Pass Liquefaction, LLC 5.875% 2026 18,050 20,219
Sabine Pass Liquefaction, LLC 5.00% 2027 33,535 35,780
Sabine Pass Liquefaction, LLC 4.20% 2028 11,665 11,778
Schlumberger BV 3.625% 20223 4,210 4,384
Schlumberger BV 4.00% 20253 17,880 18,765
Shell International Finance BV 4.00% 2046 2,250 2,280
Southwestern Energy Co. 4.10% 2022 3,125 3,031
Southwestern Energy Co. 6.70% 2025 15,330 15,598
Spectra Energy Partners, LP 4.50% 2045 640 647
Sunoco LP 6.25% 2021 1,515 1,591
TC PipeLines, LP 4.375% 2025 9,030 9,448
Teekay Corp. 8.50% 2020 7,010 7,150
Tesoro Logistics LP 5.50% 2019 1,115 1,179
Tesoro Logistics LP 5.25% 2025 625 672
TransCanada Corp. 6.50% 2018 7,500 7,806
TransCanada PipeLines Ltd., junior subordinated 5.625% 2075 3,580 3,806
Transocean Inc. 8.375% 2021 1,865 2,000
Transocean Inc. 5.80% 2022 5,135 5,071
Transocean Inc. 9.00% 20233 575 622
Transportadora de Gas Peru SA 4.25% 20283,5 2,535 2,636
Valero Energy Partners LP 4.375% 2026 6,795 7,022
Western Gas Partners LP 2.60% 2018 515 517
Western Gas Partners LP 4.00% 2022 2,460 2,547
Western Gas Partners LP 3.95% 2025 4,415 4,441
Western Gas Partners LP 4.65% 2026 3,655 3,836
Western Gas Partners LP 5.45% 2044 4,200 4,454
Williams Companies, Inc. 3.70% 2023 1,680 1,680
Williams Partners LP 4.50% 2023 3,200 3,409
Williams Partners LP 4.30% 2024 10,555 11,147
Williams Partners LP 4.00% 2025 5,085 5,208
Williams Partners LP 3.75% 2027 4,700 4,701
Williams Partners LP 5.10% 2045 13,600 14,341
Woodside Finance Ltd. 4.60% 20213 9,565 10,116
Woodside Petroleum Ltd. 3.65% 20253 4,700 4,739
YPF SA 8.50% 20253 7,700 8,892
YPF SA 8.50% 2025 600 693
    1,585,418
Consumer discretionary 3.65%    
21st Century Fox America, Inc. 4.95% 2045 415 456
Amazon.com, Inc. 2.40% 20233 6,545 6,535
Amazon.com, Inc. 2.80% 20243 10,545 10,577
Amazon.com, Inc. 3.15% 20273 44,855 45,121
Amazon.com, Inc. 3.875% 20373 4,500 4,562
Amazon.com, Inc. 4.05% 20473 56,700 57,577
American Axle & Manufacturing Holdings, Inc. 6.50% 20273 1,700 1,719
American Honda Finance Corp. 1.20% 2019 13,500 13,380
American Honda Finance Corp. 2.25% 2019 13,500 13,609
American Honda Finance Corp. 1.95% 2020 26,295 26,307
American Honda Finance Corp. 1.65% 2021 10,625 10,402
Bayerische Motoren Werke AG 1.45% 20193 14,700 14,623
Bayerische Motoren Werke AG 2.15% 20203 2,000 2,011

 

The Bond Fund of America — Page 10 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Consumer discretionary (continued)
Principal?amount
(000)
Value
(000)
Bayerische Motoren Werke AG 2.00% 20213 $6,500 $6,456
Bayerische Motoren Werke AG 2.25% 20233 3,900 3,808
CCO Holdings LLC and CCO Holdings Capital Corp. 4.464% 2022 14,540 15,372
CCO Holdings LLC and CCO Holdings Capital Corp. 4.908% 2025 3,540 3,789
CCO Holdings LLC and CCO Holdings Capital Corp. 5.125% 20273 8,000 8,130
CCO Holdings LLC and CCO Holdings Capital Corp. 3.75% 20283 6,255 6,110
CCO Holdings LLC and CCO Holdings Capital Corp. 4.20% 20283 28,310 28,686
CCO Holdings LLC and CCO Holdings Capital Corp. 5.00% 20283 13,500 13,567
CCO Holdings LLC and CCO Holdings Capital Corp. 6.484% 2045 6,850 8,078
CCO Holdings LLC and CCO Holdings Capital Corp. 5.375% 20473 5,605 5,821
Comcast Corp. 2.35% 2027 8,500 7,940
Comcast Corp. 3.30% 2027 17,100 17,349
Comcast Corp. 3.15% 2028 24,750 24,680
Comcast Corp. 4.00% 2047 4,230 4,310
Cumulus Media Inc. 7.75% 2019 2,445 727
Cumulus Media Inc., Term Loan B, (3-month USD-LIBOR + 3.25%) 4.49% 20205,6,7 2,865 2,371
Daimler Finance NA LLC 2.70% 20203 3,500 3,550
DaimlerChrysler North America Holding Corp. 1.875% 20183 13,450 13,463
DaimlerChrysler North America Holding Corp. 2.375% 20183 7,700 7,743
DaimlerChrysler North America Holding Corp. 1.50% 20193 18,000 17,855
DaimlerChrysler North America Holding Corp. 2.25% 20203 2,315 2,321
DaimlerChrysler North America Holding Corp. 2.00% 20213 13,600 13,397
DaimlerChrysler North America Holding Corp. 2.875% 20213 14,100 14,314
DaimlerChrysler North America Holding Corp. 3.30% 20253 1,500 1,518
DaimlerChrysler North America Holding Corp. 3.45% 20273 3,515 3,583
DaimlerChrysler North America Holding Corp. 8.50% 2031 3,000 4,494
Delphi Automotive PLC 5.00% 20253 12,700 12,954
Discovery Communications, Inc. 2.20% 2019 11,520 11,562
Discovery Communications, Inc. 2.95% 2023 15,000 15,031
Discovery Communications, Inc. 3.95% 2028 7,750 7,745
DISH DBS Corp. 4.25% 2018 1,200 1,212
Dollar General Corp. 1.875% 2018 1,817 1,819
Ford Motor Co. 4.346% 2026 19,530 20,332
Ford Motor Co. 4.75% 2043 2,500 2,459
Ford Motor Credit Co. 2.145% 2018 11,615 11,630
Ford Motor Credit Co. 2.375% 2018 7,440 7,456
Ford Motor Credit Co. 2.262% 2019 18,000 18,068
Ford Motor Credit Co. 2.375% 2019 22,325 22,442
Ford Motor Credit Co. 2.597% 2019 21,820 22,013
Ford Motor Credit Co. 2.459% 2020 8,040 8,050
Ford Motor Credit Co. 2.681% 2020 11,150 11,253
Ford Motor Credit Co. 3.157% 2020 31,000 31,642
Ford Motor Credit Co. 3.20% 2021 5,600 5,716
Ford Motor Credit Co. 3.336% 2021 4,500 4,605
Ford Motor Credit Co. 4.375% 2023 14,367 15,176
Ford Motor Credit Co. 3.81% 2024 14,000 14,292
Ford Motor Credit Co. 5.291% 2046 16,025 16,774
General Motors Co. 4.875% 2023 20,000 21,652
General Motors Co. 5.00% 2035 2,000 2,046
General Motors Co. 6.75% 2046 1,210 1,462
General Motors Co. 5.40% 2048 8,575 8,918
General Motors Financial Co. 2.40% 2019 21,800 21,902
General Motors Financial Co. 3.10% 2019 6,000 6,086
General Motors Financial Co. 3.50% 2019 3,715 3,806

 

The Bond Fund of America — Page 11 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Consumer discretionary (continued)
Principal?amount
(000)
Value
(000)
General Motors Financial Co. 3.20% 2021 $35,000 $35,638
General Motors Financial Co. 4.20% 2021 4,500 4,719
General Motors Financial Co. 4.375% 2021 9,100 9,654
General Motors Financial Co. 3.45% 2022 14,955 15,212
General Motors Financial Co. 3.70% 2023 14,500 14,790
General Motors Financial Co. 3.95% 2024 10,000 10,252
General Motors Financial Co. 4.00% 2025 4,525 4,620
General Motors Financial Co. 4.00% 2026 2,000 2,007
General Motors Financial Co. 6.60% 2036 490 583
General Motors Financial Co. 5.75% 2049 14,675 15,244
Grupo Televisa, SAB 6.625% 2040 5,200 6,345
Grupo Televisa, SAB 7.25% 2043 MXN25,290 1,101
Hilton Worldwide Holdings Inc. 4.25% 2024 $4,275 4,371
Home Depot, Inc. 1.80% 2020 3,660 3,663
Home Depot, Inc. 2.80% 2027 18,400 18,090
Home Depot, Inc. 4.25% 2046 825 892
Home Depot, Inc. 3.90% 2047 1,500 1,531
Hyundai Capital America 2.00% 20193 7,605 7,543
Hyundai Capital America 2.55% 20203 11,830 11,814
Hyundai Capital America 2.75% 20203 7,906 7,904
Hyundai Capital America 3.00% 20203 2,000 2,012
Hyundai Capital America 2.45% 20213 18,000 17,684
Hyundai Capital America 3.10% 20223 13,890 13,831
Hyundai Capital America 3.25% 20223 20,855 20,837
Hyundai Capital Services Inc. 1.625% 20193 6,150 6,040
Lowe’s Companies, Inc. 2.50% 2026 6,000 5,769
Lowe’s Companies, Inc. 3.10% 2027 12,100 12,041
Lowe’s Companies, Inc. 4.05% 2047 4,450 4,581
McDonald’s Corp. 2.625% 2022 9,925 10,004
McDonald’s Corp. 3.70% 2026 7,065 7,371
McDonald’s Corp. 3.50% 2027 11,000 11,324
McDonald’s Corp. 4.875% 2045 5,500 6,210
McDonald’s Corp. 4.45% 2047 8,825 9,375
NBC Universal Enterprise, Inc. (3-month USD-LIBOR + 0.685%) 1.989% 20183,6 8,000 8,028
NBC Universal Enterprise, Inc. 5.25% 20493 17,895 19,148
Newell Rubbermaid Inc. 3.15% 2021 23,820 24,383
Newell Rubbermaid Inc. 3.85% 2023 16,890 17,775
Newell Rubbermaid Inc. 4.20% 2026 21,895 23,072
Newell Rubbermaid Inc. 5.50% 2046 10,835 12,838
Nissan Motor Co., Ltd. 2.60% 20223 15,570 15,590
Petsmart, Inc. 7.125% 20233 4,900 3,836
Petsmart, Inc. 5.875% 20253 3,975 3,488
Petsmart, Inc. 8.875% 20253 2,650 2,110
RCI Banque 3.50% 20183 5,000 5,038
Schaeffler Verwaltungs 4.75% 20263,8 5,215 5,326
Starbucks Corp. 2.10% 2021 725 728
Starbucks Corp. 4.30% 2045 1,750 1,906
Thomson Reuters Corp. 6.50% 2018 13,675 14,183
Thomson Reuters Corp. 4.30% 2023 8,805 9,386
Thomson Reuters Corp. 3.35% 2026 6,000 5,983
Thomson Reuters Corp. 5.65% 2043 1,905 2,246
Time Warner Cable Inc. 6.75% 2018 11,650 12,065
Toyota Motor Credit Corp. 2.15% 2020 13,500 13,581
Toyota Motor Credit Corp. 2.15% 2022 2,000 1,980

 

The Bond Fund of America — Page 12 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Consumer discretionary (continued)
Principal?amount
(000)
Value
(000)
Toyota Motor Credit Corp. 2.60% 2022 $9,860 $9,979
Toyota Motor Credit Corp. 3.20% 2027 5,455 5,567
Volkswagen Group of America Finance, LLC 1.65% 20183 10,500 10,491
Volkswagen International Finance NV 2.125% 20183 1,500 1,502
Walt Disney Co. 1.85% 2026 5,300 4,879
WPP Finance 2010 3.75% 2024 3,000 3,082
    1,315,656
Utilities 2.64%    
Abu Dhabi National Energy Co. PJSC (TAQA) 5.875% 20213 1,055 1,172
Abu Dhabi National Energy Co. PJSC (TAQA) 3.625% 20233 5,610 5,702
Abu Dhabi National Energy Co. PJSC (TAQA) 6.50% 2036 1,500 1,905
Abu Dhabi National Energy Co. PJSC (TAQA) 6.50% 20363 1,000 1,270
AEP Transmission Company LLC 3.10% 20263 1,520 1,526
American Electric Power Co., Inc. 1.65% 2017 7,180 7,181
American Electric Power Co., Inc. 2.75% 2026 2,977 2,883
American Electric Power Co., Inc. 4.45% 2045 1,410 1,535
Berkshire Hathaway Energy Co. 2.40% 2020 6,964 7,031
Centerpoint Energy, Inc., 2.50% 2022 10,875 10,876
Cleveland Electric Illuminating Co. 8.875% 2018 12,864 13,830
CMS Energy Corp. 8.75% 2019 5,388 5,980
CMS Energy Corp. 6.25% 2020 21 23
CMS Energy Corp. 5.05% 2022 4,900 5,405
CMS Energy Corp. 3.00% 2026 15,707 15,347
CMS Energy Corp. 2.95% 2027 4,100 3,960
CMS Energy Corp. 3.45% 2027 2,869 2,884
CMS Energy Corp. 4.875% 2044 2,150 2,406
Colbun SA 6.00% 20203 2,400 2,608
Colbun SA 4.50% 20243 2,450 2,593
Comision Federal de Electricidad 4.875% 20243 2,500 2,694
Comision Federal de Electricidad 4.75% 20273 370 390
Commonwealth Edison Company 2.95% 2027 5,250 5,230
Commonwealth Edison Company 3.75% 2047 2,500 2,514
Dominion Resources, Inc. 1.875% 20183 8,700 8,695
Dominion Resources, Inc. 1.60% 2019 3,210 3,190
Dominion Resources, Inc. 2.962% 2019 1,500 1,522
Dominion Resources, Inc. 2.579% 2020 28,800 29,018
Duke Energy Carolinas, Inc. 2.50% 2023 8,900 8,960
Duke Energy Corp. 1.80% 2021 4,875 4,780
Duke Energy Corp. 2.40% 2022 296 294
Duke Energy Corp. 2.65% 2026 19,028 18,225
Duke Energy Corp. 3.15% 2027 9,455 9,389
Duke Energy Corp. 3.75% 2046 1,876 1,814
Duke Energy Corp. 3.95% 2047 5,290 5,263
E.ON International Finance BV 5.80% 20183 15,000 15,339
Edison International 2.40% 2022 1,200 1,192
EDP Finance BV 4.125% 20203 28,600 29,742
EDP Finance BV 5.25% 20213 3,500 3,786
EDP Finance BV 3.625% 20243 58,250 58,909
Electricité de France SA 4.875% 20443 250 265
Electricité de France SA 4.95% 20453 750 831
Electricité de France SA 5.25% 20493 4,750 4,947
Electricité de France SA 6.00% 2114 £300 571
Emera Inc. 6.75% 2076 $14,811 16,922

 

The Bond Fund of America — Page 13 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Utilities (continued)
Principal?amount
(000)
Value
(000)
Emera US Finance LP 2.15% 2019 $7,135 $7,140
Emera US Finance LP 2.70% 2021 3,950 3,974
Emera US Finance LP 3.55% 2026 4,945 4,985
Emera US Finance LP 4.75% 2046 4,000 4,304
Empresa Nacional de Electricidad SA 4.25% 2024 1,500 1,578
Enel Finance International SA 2.875% 20223 15,500 15,618
Enel Finance International SA 6.00% 20393 2,210 2,732
Enel Società per Azioni 8.75% 20733 9,500 11,531
Entergy Corp. 4.00% 2022 3,698 3,917
Entergy Corp. 2.95% 2026 9,000 8,717
Entergy Louisiana, LLC 3.30% 2022 668 688
Eversource Energy 2.50% 2021 10,000 10,003
Eversource Energy 2.375% 2022 1,412 1,409
Eversource Energy 2.75% 2022 1,000 1,012
Eversource Energy 2.80% 2023 1,869 1,885
Exelon Corp. 3.497% 2022 43,950 45,307
Exelon Corp. 3.95% 2025 528 552
FirstEnergy Corp. 3.90% 2027 48,340 49,289
FirstEnergy Corp. 7.375% 2031 12,491 16,648
FirstEnergy Corp. 4.85% 2047 36,613 38,554
FirstEnergy Corp., Series B, 4.25% 2023 37,307 39,503
Great Plains Energy Inc. 3.65% 2025 703 722
Great Plains Energy Inc. 4.20% 2047 4,350 4,535
Iberdrola Finance Ireland 5.00% 20193 3,000 3,158
Indiana Michigan Power Co. 3.75% 2047 2,700 2,664
IPALCO Enterprises, Inc. 3.70% 20243 1,325 1,329
Israel Electric Corp. Ltd. 8.10% 20963 6,250 8,094
MidAmerican Energy Holdings Co. 5.75% 2018 15,700 16,030
Mississippi Power Co. 5.55% 2019 4,300 4,491
Mississippi Power Co. 4.25% 2042 20,226 19,282
National Rural Utilities Cooperative Finance Corp. 10.375% 2018 17,685 19,291
National Rural Utilities Cooperative Finance Corp. 2.70% 2023 2,800 2,799
National Rural Utilities Cooperative Finance Corp. 3.25% 2025 716 731
Nevada Power Co., General and Refunding Mortgage Notes, Series V, 7.125% 2019 4,850 5,209
New York State Electric & Gas Corp. 3.25% 20263 6,200 6,265
Niagara Mohawk Power Corp. 3.508% 20243 8,470 8,743
Niagara Mohawk Power Corp. 4.278% 20343 3,000 3,215
NV Energy, Inc 6.25% 2020 12,320 13,750
Ohio Power Co., Series G, 6.60% 2033 2,090 2,729
Ohio Power Co., Series D, 6.60% 2033 353 453
Pacific Gas and Electric Co. 3.25% 2023 13,020 13,475
Pacific Gas and Electric Co. 3.85% 2023 1,203 1,277
Pacific Gas and Electric Co. 3.40% 2024 2,016 2,089
Pacific Gas and Electric Co. 3.75% 2024 301 319
Pacific Gas and Electric Co. 4.25% 2046 3,938 4,246
PacifiCorp. 3.35% 2025 5,900 6,044
PacifiCorp., First Mortgage Bonds, 2.95% 2023 1,300 1,334
Pennsylvania Electric Co. 3.25% 20283 12,415 12,279
PG&E Corp. 2.40% 2019 4,945 4,972
Progress Energy, Inc. 7.05% 2019 3,100 3,324
Progress Energy, Inc. 7.00% 2031 4,000 5,406
Progress Energy, Inc. 7.75% 2031 2,500 3,543
Public Service Co. of Colorado 5.80% 2018 9,606 9,930
Public Service Co. of Colorado 5.125% 2019 900 950

 

The Bond Fund of America — Page 14 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Utilities (continued)
Principal?amount
(000)
Value
(000)
Public Service Co. of Colorado 3.80% 2047 $1,334 $1,351
Public Service Electric and Gas Co., 1.90% 2021 2,035 2,016
Public Service Electric and Gas Co., 2.375% 2023 254 253
Public Service Enterprise Group Inc. 1.60% 2019 9,650 9,548
Public Service Enterprise Group Inc. 2.00% 2021 18,325 17,954
Puget Energy, Inc. 6.50% 2020 12,086 13,510
Puget Energy, Inc. 6.00% 2021 8,500 9,525
Puget Energy, Inc. 5.625% 2022 20,391 22,770
Sierra Pacific Power Co., General and Refunding Mortgage Notes, Series T, 3.375% 2023 1,775 1,845
Southern California Edison Co., 1.845% 20225 7,505 7,428
Southern California Edison Co., 4.00% 2047 2,325 2,454
Southwestern Public Service Co. 3.7% 2047 7,770 7,745
State Grid Overseas Investment Ltd. 3.50% 20273 7,025 7,169
Talen Energy Corp. 4.625% 20193 248 246
Tampa Electric Co. 2.60% 2022 1,200 1,197
Teco Finance, Inc. 5.15% 2020 10,154 10,835
The Connecticut Light and Power Co. 4.30% 2044 3,850 4,199
Tri-State Generation and Transmission Assn. Inc., Pass Through Trust, Series 2003-A, 6.04% 20183,5 135 136
Virginia Electric and Power Co. 1.20% 2018 5,000 4,994
Virginia Electric and Power Co. 2.75% 2023 780 790
Virginia Electric and Power Co. 3.15% 2026 2,275 2,302
Virginia Electric and Power Co. 3.50% 2027 2,230 2,316
Virginia Electric and Power Co., Series B, 3.45% 2022 83 87
Virginia Electric and Power Co., Series B, 3.8% 2047 6,500 6,536
Xcel Energy Inc. 4.70% 2020 15,460 16,342
Xcel Energy Inc. 3.30% 2025 3,094 3,146
Xcel Energy Inc. 6.50% 2036 2,500 3,338
    952,655
Consumer staples 2.34%    
Altria Group, Inc. 2.625% 2020 15,195 15,432
Altria Group, Inc. 2.95% 2023 6,500 6,598
Altria Group, Inc. 4.00% 2024 3,600 3,826
Altria Group, Inc. 2.625% 2026 2,585 2,491
Altria Group, Inc. 4.50% 2043 3,500 3,756
Altria Group, Inc. 5.375% 2044 3,105 3,735
Altria Group, Inc. 3.875% 2046 15,595 15,274
Anheuser-Busch InBev NV 2.65% 2021 2,875 2,923
Anheuser-Busch InBev NV 3.30% 2023 7,725 8,016
Anheuser-Busch InBev NV 3.65% 2026 34,865 36,118
Anheuser-Busch InBev NV 4.90% 2046 1,050 1,200
BJ’s Wholesale Club, Term Loan, (3-month USD-LIBOR + 7.50%) 8.74% 20255,6,7 2,375 2,280
British American Tobacco International Finance PLC 2.75% 20203 6,200 6,304
British American Tobacco International Finance PLC 3.50% 20223 4,495 4,645
British American Tobacco International Finance PLC 3.95% 20253 6,200 6,469
British American Tobacco PLC 2.764% 20223 26,005 26,172
British American Tobacco PLC 3.222% 20243 51,000 51,181
British American Tobacco PLC 3.557% 20273 88,555 89,004
British American Tobacco PLC 4.39% 20373 10,000 10,220
British American Tobacco PLC 4.54% 20473 56,250 58,080
Church & Dwight Co., Inc. 2.45% 2022 890 887
Church & Dwight Co., Inc. 3.15% 2027 7,000 6,943
Church & Dwight Co., Inc. 3.95% 2047 6,510 6,473
Coca-Cola Co. 2.20% 2022 9,250 9,281

 

The Bond Fund of America — Page 15 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Consumer staples (continued)
Principal?amount
(000)
Value
(000)
Colgate-Palmolive Co. 3.70% 2047 $6,085 $6,011
Constellation Brands, Inc. 2.70% 2022 2,325 2,335
Constellation Brands, Inc. 3.50% 2027 3,745 3,811
Constellation Brands, Inc. 4.50% 2047 300 316
Costco Wholesale Corp. 2.15% 2021 3,500 3,511
Costco Wholesale Corp. 2.30% 2022 3,500 3,505
Costco Wholesale Corp. 2.75% 2024 15,780 15,824
Costco Wholesale Corp. 3.00% 2027 23,200 23,266
CVS Health Corp. 1.90% 2018 5,150 5,163
Herbalife Ltd., Term Loan, (3-month USD-LIBOR + 5.50%) 6.735% 20235,6,7 19,274 19,470
Imperial Tobacco Finance PLC 2.05% 20183 3,050 3,052
Imperial Tobacco Finance PLC 3.50% 20233 2,673 2,745
Kraft Foods Inc. 3.50% 2022 25 26
Molson Coors Brewing Co. 1.45% 2019 3,955 3,913
Molson Coors Brewing Co. 1.90% 20193 10,995 10,982
Molson Coors Brewing Co. 2.25% 20203 9,425 9,423
Molson Coors Brewing Co. 2.10% 2021 6,705 6,616
Molson Coors Brewing Co. 3.00% 2026 15,930 15,516
Molson Coors Brewing Co. 4.20% 2046 4,210 4,209
Mondelez International, Inc. 1.625% 20193 21,400 21,244
PepsiCo, Inc. 2.25% 2022 1,250 1,252
PepsiCo, Inc. 4.00% 2047 7,000 7,350
Pernod Ricard SA 4.45% 20223 13,700 14,724
Philip Morris International Inc. 2.375% 2022 19,190 19,115
Philip Morris International Inc. 2.625% 2022 5,935 5,987
Philip Morris International Inc. 2.75% 2026 14,100 13,788
Philip Morris International Inc. 4.25% 2044 26,420 27,616
Pilgrim’s Pride Corp. 5.875% 20273 6,945 7,136
Reckitt Benckiser Group PLC 2.375% 20223 53,500 53,387
Reckitt Benckiser Group PLC 2.75% 20243 27,345 27,161
Reynolds American Inc. 2.30% 2018 4,365 4,385
Reynolds American Inc. 3.25% 2020 12,135 12,476
Reynolds American Inc. 3.25% 2022 19,360 19,814
Reynolds American Inc. 4.00% 2022 4,140 4,377
Reynolds American Inc. 4.85% 2023 3,750 4,120
Reynolds American Inc. 4.45% 2025 19,995 21,485
Reynolds American Inc. 4.75% 2042 2,500 2,532
Reynolds American Inc. 5.85% 2045 9,650 11,842
Walgreens Boots Alliance, Inc. 3.45% 2026 1,615 1,612
Walgreens Boots Alliance, Inc. 4.65% 2046 1,045 1,095
WM. Wrigley Jr. Co 2.90% 20193 2,800 2,842
WM. Wrigley Jr. Co 3.375% 20203 41,250 42,558
    844,900
Telecommunication services 1.46%    
América Móvil, SAB de CV 8.46% 2036 MXN27,000 1,392
AT&T Inc. 2.85% 2023 $21,750 21,670
AT&T Inc. 3.40% 2024 34,310 34,401
AT&T Inc. 3.40% 2025 22,400 22,078
AT&T Inc. 3.90% 2027 55,705 55,881
AT&T Inc. 4.25% 2027 10,282 10,583
AT&T Inc. 8.25% 2031 2,534 3,575
AT&T Inc. 4.90% 2037 44,800 45,470
AT&T Inc. 4.35% 2045 4,675 4,305

 

The Bond Fund of America — Page 16 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Telecommunication services (continued)
Principal?amount
(000)
Value
(000)
AT&T Inc. 5.45% 2047 $5,650 $5,996
AT&T Inc. 4.50% 2048 8,185 7,572
AT&T Inc. 5.15% 2050 61,532 62,246
AT&T Inc. 5.30% 2058 33,875 34,278
British Telecommunications PLC 9.125% 2030 1,800 2,729
Deutsche Telekom International Finance BV 1.50% 20193 18,900 18,713
Deutsche Telekom International Finance BV 1.95% 20213 28,130 27,573
Deutsche Telekom International Finance BV 2.82% 20223 25,141 25,296
Deutsche Telekom International Finance BV 3.60% 20273 2,088 2,116
Digicel Group Ltd. 6.00% 20213 3,015 2,954
France Télécom 9.00% 2031 3,770 5,733
Frontier Communications Corp. 11.00% 2025 2,500 2,137
Ligado Networks, Term Loan, (3-month USD-LIBOR + 8.75%) 9.97% 2020 (100% PIK)5,6,7,8 1,778 1,673
Orange SA 2.75% 2019 3,230 3,270
SoftBank Group Corp. 3.36% 20233,5 22,050 22,436
Telefónica Emisiones, SAU 3.192% 2018 10,500 10,586
TELUS Corp. 3.70% 2027 1,450 1,485
Verizon Communications Inc. 4.50% 2033 48,604 49,975
Verizon Communications Inc. 4.125% 2046 15,000 13,683
Verizon Communications Inc. 4.522% 2048 22,430 21,781
Zayo Group Holdings, Inc. 5.75% 20273 4,700 4,994
    526,581
Information technology 1.28%    
Analog Devices, Inc. 2.50% 2021 1,090 1,093
Analog Devices, Inc. 3.125% 2023 8,750 8,885
Analog Devices, Inc. 3.50% 2026 6,350 6,422
Apple Inc. 1.55% 2021 16,675 16,352
Apple Inc. 2.25% 2021 13,250 13,360
Apple Inc. 2.90% 2027 39,900 39,600
Apple Inc. 3.20% 2027 7,115 7,249
Apple Inc. 3.35% 2027 11,385 11,730
Apple Inc. 4.25% 2047 5,000 5,388
BMC Software, Inc. 8.125% 20213 3,050 3,138
Broadcom Ltd. 3.00% 20223 55,000 56,008
Broadcom Ltd. 3.625% 20243 42,625 43,835
Broadcom Ltd. 3.875% 20273 107,750 111,140
CCC Information Services Inc., Term Loan (3-month USD-LIBOR + 6.75%) 7.958% 20255,6,7 1,225 1,265
Dell Inc. 2.65% 2020 8,075 7,997
Harris Corp. 2.70% 2020 3,010 3,043
Harris Corp. 3.832% 2025 1,890 1,963
JDA Software Group, Inc. 7.375% 20243 1,400 1,437
Kronos Inc., Term Loan B, (3-month USD-LIBOR + 8.25%) 9.561% 20245,6,7 1,475 1,525
McAfee, LLC, Term Loan, (3-month USD-LIBOR + 4.50%) 5.50% 20245,6,7 2,825 2,842
Microsoft Corp. 1.55% 2021 25,245 24,807
Microsoft Corp. 2.40% 2022 27,065 27,401
Microsoft Corp. 3.30% 2027 1,030 1,069
Microsoft Corp. 3.70% 2046 1,250 1,263
Microsoft Corp. 4.25% 2047 10,875 12,047
Oracle Corp. 1.90% 2021 18,000 17,875
Oracle Corp. 2.80% 2021 5,600 5,728
Oracle Corp. 2.65% 2026 6,250 6,132
Oracle Corp. 4.00% 2046 3,450 3,577

 

The Bond Fund of America — Page 17 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Information technology (continued)
Principal?amount
(000)
Value
(000)
Unisys Corp. 10.75% 20223 $3,325 $3,699
Visa Inc. 2.75% 2027 15,630 15,365
    463,235
Real estate 1.18%    
Alexandria Real Estate Equities, Inc. 2.75% 2020 4,815 4,865
Alexandria Real Estate Equities, Inc. 3.90% 2023 7,250 7,543
Alexandria Real Estate Equities, Inc. 4.30% 2026 775 812
Alexandria Real Estate Equities, Inc. 3.95% 2028 4,210 4,295
Alexandria Real Estate Equities, Inc. 4.50% 2029 755 796
American Campus Communities, Inc. 3.35% 2020 19,670 20,145
American Campus Communities, Inc. 3.75% 2023 15,060 15,514
American Campus Communities, Inc. 4.125% 2024 8,030 8,420
American Tower Corp. 3.40% 2019 18,075 18,409
Brandywine Operating Partnership, LP 3.95% 2023 100 102
Corporate Office Properties LP 3.60% 2023 2,834 2,848
Corporate Office Properties LP 5.25% 2024 936 1,014
Corporate Office Properties LP 5.00% 2025 6,320 6,794
DCT Industrial Trust Inc. 4.50% 2023 10,030 10,577
DDR Corp. 4.70% 2027 640 660
Developers Diversified Realty Corp. 3.90% 2024 10,835 10,903
EPR Properties 4.50% 2025 8,650 8,845
EPR Properties 4.75% 2026 7,630 7,901
EPR Properties 4.50% 2027 3,710 3,762
Essex Portfolio L.P. 3.625% 2022 4,370 4,523
Essex Portfolio L.P. 3.25% 2023 4,935 4,995
Essex Portfolio L.P. 3.875% 2024 5,500 5,725
Essex Portfolio L.P. 3.50% 2025 4,800 4,865
Essex Portfolio L.P. 3.375% 2026 845 841
Hospitality Properties Trust 6.70% 2018 28,005 28,112
Hospitality Properties Trust 4.25% 2021 19,750 20,585
Hospitality Properties Trust 5.00% 2022 10,800 11,598
Hospitality Properties Trust 4.50% 2023 11,265 11,954
Howard Hughes Corp. 5.375% 20253 13,510 13,814
Iron Mountain Inc. 4.875% 20273 10,065 10,304
iStar Inc. 4.625% 2020 4,760 4,879
Kimco Realty Corp. 6.875% 2019 4,000 4,358
Kimco Realty Corp. 3.40% 2022 14,595 15,041
Kimco Realty Corp. 3.30% 2025 4,370 4,373
Kimco Realty Corp. 3.80% 2027 9,210 9,316
Omega Healthcare Investors, Inc. 4.375% 2023 2,100 2,167
Piedmont Operating Partnership LP 3.40% 2023 2,800 2,775
Piedmont Operating Partnership LP 4.45% 2024 3,000 3,114
Public Storage 2.37% 2022 10,725 10,696
Public Storage 3.094% 2027 9,180 9,159
Scentre Group 2.375% 20193 810 814
Scentre Group 2.375% 20213 11,410 11,300
Scentre Group 3.25% 20253 10,655 10,545
Scentre Group 3.50% 20253 5,750 5,788
Scentre Group 3.75% 20273 5,500 5,583
Select Income REIT 4.15% 2022 8,710 8,856
Simon Property Group, LP 2.35% 2022 5,450 5,442
UDR, Inc. 3.70% 2020 1,430 1,478
WEA Finance LLC 2.70% 20193 9,025 9,108

 

The Bond Fund of America — Page 18 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Real estate (continued)
Principal?amount
(000)
Value
(000)
WEA Finance LLC 3.25% 20203 $34,845 $35,600
WEA Finance LLC 3.75% 20243 2,380 2,429
Westfield Corp. Ltd. 3.15% 20223 13,000 13,160
    427,502
Industrials 0.85%    
3M Co. 2.25% 2023 27,359 27,361
3M Co. 3.625% 2047 3,000 2,979
ABB Finance (USA) Inc. 2.875% 2022 1,000 1,020
Airbus Group SE 2.70% 20233 885 894
Allison Transmission Holdings, Inc. 4.75% 20273 2,935 2,961
Caterpillar Financial Services Corp. 1.90% 2019 10,000 10,026
Continental Airlines, Inc., Series 1997-4, Class A, 6.90% 20195 762 767
Continental Airlines, Inc., Series 2000-2, Class B, 8.307% 20195 40 41
Continental Airlines, Inc., Series 1999-1, Class A, 6.545% 20205 3,877 4,019
Continental Airlines, Inc., Series 1999-1, Class B, 6.795% 20205 171 175
Continental Airlines, Inc., Series 1999-2, Class A1, 7.256% 20215 95 101
Continental Airlines, Inc., Series 2001-1, Class A1, 6.703% 20225 1,909 2,033
Continental Airlines, Inc., Series 2000-2, Class A1, 7.707% 20225 4,850 5,244
Continental Airlines, Inc., Series 2000-1, Class A1, 8.048% 20225 4,279 4,702
Corporate Risk Holdings LLC 9.50% 20193 3,315 3,530
Corporate Risk Holdings LLC 13.50% 2020 (100% PIK)3,4,8 1,037 1,109
Delta Air Lines, Inc., Series 2002-1, Class G1, MBIA insured, 6.718% 20245 1,072 1,207
ENA Norte Trust 4.95% 20283,5 2,657 2,776
ERAC USA Finance Co. 2.70% 20233 10,650 10,444
ERAC USA Finance Co. 4.20% 20463 4,560 4,374
Euramax International, Inc. 12.00% 20203 2,075 2,267
FedEx Corp. 3.25% 2026 16,100 16,336
FedEx Corp. 4.75% 2045 1,080 1,180
FedEx Corp. 4.40% 2047 5,035 5,252
Fortive Corp. 2.35% 2021 3,550 3,541
General Electric Capital Corp. 2.342% 2020 16,841 17,008
General Electric Capital Corp., Series A, 6.00% 2019 3,007 3,239
General Electric Corp. 5.25% 2017 4,377 4,408
Hardwoods Acquisition Inc 7.50% 20213 5,780 5,375
Honeywell International Inc. 1.85% 2021 20,575 20,333
Lima Metro Line Finance Ltd. 5.875% 20343,5 3,167 3,500
Lockheed Martin Corp. 1.85% 2018 1,100 1,101
Lockheed Martin Corp. 2.50% 2020 2,705 2,747
Lockheed Martin Corp. 4.50% 2036 715 784
Lockheed Martin Corp. 4.70% 2046 3,935 4,417
Mexican Government 5.50% 20473 2,200 2,238
Multi-Color Corp. 4.875% 20253 2,395 2,431
Red de Carreteras de Occidente 9.00% 20285 MXN61,570 3,280
Republic Services, Inc. 3.55% 2022 $500 522
Rockwell Collins, Inc. 2.80% 2022 8,510 8,607
Rockwell Collins, Inc. 3.20% 2024 9,105 9,277
Roper Technologies, Inc. 2.80% 2021 860 868
Roper Technologies, Inc. 3.80% 2026 2,080 2,144
Siemens AG 1.70% 20213 13,500 13,266
Siemens AG 2.70% 20223 29,620 30,019
Siemens AG 2.90% 20223 5,000 5,114
Siemens AG 2.35% 20263 9,595 9,084
Siemens AG 4.40% 20453 2,000 2,181

 

The Bond Fund of America — Page 19 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Industrials (continued)
Principal?amount
(000)
Value
(000)
Union Pacific Corp. 5.75% 2017 $12,250 $12,310
United Technologies Corp. 2.30% 2022 15,000 14,911
United Technologies Corp. 3.125% 2027 12,000 11,963
    305,466
Materials 0.71%    
Agrium Inc. 4.125% 2035 4,945 5,037
Air Liquide SA 2.50% 20263 7,400 7,069
Anglo American Capital PLC 3.625% 20243 11,500 11,481
Anglo American Capital PLC 4.00% 20273 8,710 8,619
ArcelorMittal 7.25% 2041 4,095 4,868
BHP Billiton Finance Ltd. 6.25% 20753 7,995 8,798
CF Industries, Inc. 3.45% 2023 580 574
CF Industries, Inc. 4.95% 2043 680 632
CF Industries, Inc. 5.375% 2044 4,212 4,038
CRH America, Inc. 3.875% 20253 5,100 5,336
CRH America, Inc. 5.125% 20453 2,000 2,296
Dow Chemical Co. 4.125% 2021 2,500 2,651
Dow Chemical Co. 4.625% 2044 1,100 1,176
Ecolab Inc. 3.25% 2023 2,260 2,330
Ecolab Inc. 2.70% 2026 2,355 2,266
First Quantum Minerals Ltd. 7.25% 20223 5,000 5,169
First Quantum Minerals Ltd. 7.50% 20253 3,000 3,079
Georgia-Pacific Corp. 5.40% 20203 2,000 2,193
Hexion Inc. 6.625% 2020 3,000 2,700
Hexion Inc. 10.375% 20223 2,000 1,930
Holcim Ltd. 5.15% 20233 3,315 3,680
International Paper Co. 3.65% 2024 8,900 9,255
LYB International Finance BV 3.50% 2027 12,415 12,368
LYB International Finance BV 4.875% 2044 400 437
LyondellBasell Industries NV 6.00% 2021 900 1,016
Olin Corp. 5.125% 2027 1,975 2,069
Packaging Corp. of America 4.50% 2023 1,585 1,718
Praxair, Inc. 2.25% 2020 8,339 8,384
Praxair, Inc. 3.00% 2021 2,500 2,566
Rio Tinto Finance PLC 3.75% 2025 9,020 9,527
Rio Tinto PLC 4.125% 2042 725 757
Sherwin-Williams Co. 2.75% 2022 6,735 6,786
Sherwin-Williams Co. 3.125% 2024 4,545 4,573
Sherwin-Williams Co. 3.45% 2027 23,385 23,531
Sherwin-Williams Co. 4.50% 2047 8,340 8,759
Steel Dynamics, Inc. 4.125% 20253 6,125 6,190
Tronox Ltd. 5.75% 20253 4,160 4,274
Vale Overseas Ltd. 5.875% 2021 34,780 38,388
Vale Overseas Ltd. 4.375% 2022 5,020 5,246
Vale Overseas Ltd. 6.25% 2026 7,365 8,396
Vale Overseas Ltd. 6.875% 2036 9,200 10,580
Vale Overseas Ltd. 6.875% 2039 3,150 3,616
Yara International ASA 7.875% 20193 2,175 2,362
    256,720

 

The Bond Fund of America — Page 20 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Corporate bonds & notes (continued)
Municipals 0.00%
Principal?amount
(000)
Value
(000)
National Grid Plc 3.15% 20273 $1,105 $1,106
Total corporate bonds & notes   11,056,934
Mortgage-backed obligations 20.22%
Federal agency mortgage-backed obligations 18.17%
   
Fannie Mae 2.986% 20175 457 457
Fannie Mae 11.00% 20205 9 10
Fannie Mae 5.00% 20235 807 854
Fannie Mae 5.50% 20235 4,276 4,541
Fannie Mae 6.00% 20235 129 138
Fannie Mae 4.50% 20245 2,808 2,973
Fannie Mae 4.50% 20255 3,062 3,223
Fannie Mae 4.50% 20255 1,914 1,981
Fannie Mae 4.50% 20255 1,569 1,656
Fannie Mae 6.00% 20265 2,354 2,650
Fannie Mae 5.50% 20275 1,085 1,201
Fannie Mae 6.00% 20285 346 389
Fannie Mae 3.00% 20325 49,165 50,551
Fannie Mae 3.00% 20325 43,313 44,534
Fannie Mae 6.50% 20325 54 54
Fannie Mae 3.00% 20355 23,582 24,104
Fannie Mae 3.50% 20355 2,919 3,051
Fannie Mae 3.00% 20365 28,096 28,632
Fannie Mae 3.00% 20365 3,286 3,349
Fannie Mae 4.00% 20365 17,851 18,988
Fannie Mae 4.00% 20365 7,856 8,357
Fannie Mae 4.00% 20365 6,318 6,721
Fannie Mae 4.00% 20365 5,251 5,586
Fannie Mae 4.00% 20365 3,331 3,543
Fannie Mae 4.00% 20365 3,330 3,542
Fannie Mae 4.00% 20365 3,305 3,516
Fannie Mae 4.00% 20365 1,520 1,617
Fannie Mae 7.00% 20365 135 150
Fannie Mae 7.50% 20365 346 383
Fannie Mae 8.00% 20365 188 210
Fannie Mae 3.00% 20375 63,142 64,242
Fannie Mae 3.00% 20375 36,164 36,854
Fannie Mae 3.50% 20375 16,859 17,552
Fannie Mae 6.00% 20375 518 561
Fannie Mae 6.00% 20375 208 218
Fannie Mae 6.50% 20375 1,074 1,214
Fannie Mae 6.50% 20375 589 654
Fannie Mae 6.50% 20375 554 618
Fannie Mae 7.00% 20375 394 446
Fannie Mae 7.00% 20375 336 367
Fannie Mae 7.00% 20375 165 176
Fannie Mae 7.00% 20375 113 126
Fannie Mae 7.00% 20375 95 106
Fannie Mae 7.00% 20375 63 69
Fannie Mae 7.50% 20375 122 128
Fannie Mae 7.50% 20375 112 123
Fannie Mae 7.50% 20375 78 90
Fannie Mae 7.50% 20375 71 79
Fannie Mae 7.50% 20375 63 64

 

The Bond Fund of America — Page 21 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
Principal?amount
(000)
Value
(000)
Fannie Mae 7.50% 20375 $26 $28
Fannie Mae 5.50% 20385 17 20
Fannie Mae 6.00% 20385 518 589
Fannie Mae 6.50% 20385 28,287 32,590
Fannie Mae 4.50% 20395 9,626 10,373
Fannie Mae 5.00% 20395 8,088 8,977
Fannie Mae 5.50% 20395 6,370 7,062
Fannie Mae 4.00% 20405 6,927 7,328
Fannie Mae 4.00% 20405 6,620 7,004
Fannie Mae 4.00% 20405 4,797 5,074
Fannie Mae 4.00% 20405 1,268 1,341
Fannie Mae 4.00% 20405 1,175 1,254
Fannie Mae 4.00% 20405 375 397
Fannie Mae 4.50% 20405 2,021 2,187
Fannie Mae 5.00% 20405 803 891
Fannie Mae 5.50% 20405 2,941 3,260
Fannie Mae 4.00% 20415 2,470 2,615
Fannie Mae 4.00% 20415 1,880 2,006
Fannie Mae 4.00% 20415 1,637 1,731
Fannie Mae 4.00% 20415 1,122 1,197
Fannie Mae 4.00% 20415 946 1,009
Fannie Mae 4.00% 20415 567 607
Fannie Mae 4.50% 20415 2,194 2,375
Fannie Mae 5.00% 20415 6,245 6,827
Fannie Mae 5.00% 20415 3,558 3,965
Fannie Mae 5.00% 20415 2,451 2,732
Fannie Mae 5.00% 20415 1,855 2,073
Fannie Mae 5.00% 20415 1,366 1,527
Fannie Mae 4.00% 20425 10,704 11,319
Fannie Mae 4.00% 20425 10,612 11,307
Fannie Mae 4.00% 20425 9,158 9,770
Fannie Mae 4.00% 20425 3,105 3,313
Fannie Mae 4.00% 20425 819 866
Fannie Mae 4.00% 20435 27,268 28,834
Fannie Mae 4.00% 20435 8,585 9,139
Fannie Mae 4.00% 20435 5,808 6,130
Fannie Mae 3.50% 20445 43,653 45,179
Fannie Mae 3.50% 20455 15,210 15,737
Fannie Mae 4.00% 20455 70,778 74,547
Fannie Mae 4.00% 20455 61,810 65,833
Fannie Mae 4.00% 20455 16,571 17,596
Fannie Mae 4.00% 20455 10,136 10,796
Fannie Mae 3.00% 20465 5,334 5,354
Fannie Mae 3.00% 20465 138 138
Fannie Mae 3.50% 20465 48,679 50,375
Fannie Mae 3.50% 20465 31,179 32,265
Fannie Mae 3.50% 20465 14,991 15,513
Fannie Mae 3.50% 20465 8,959 9,271
Fannie Mae 3.50% 20465 1,093 1,130
Fannie Mae 4.00% 20465 6,278 6,665
Fannie Mae 4.50% 20465 3,153 3,386
Fannie Mae 4.50% 20465 1,782 1,865
Fannie Mae 4.50% 20465 1,482 1,554
Fannie Mae 4.50% 20465 1,222 1,312

 

The Bond Fund of America — Page 22 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
Principal?amount
(000)
Value
(000)
Fannie Mae 4.50% 20465 $1,142 $1,226
Fannie Mae 4.50% 20465 855 922
Fannie Mae 4.50% 20465 789 847
Fannie Mae 3.00% 20475,10 41,000 41,115
Fannie Mae 3.50% 20475,10 167,500 172,623
Fannie Mae 3.50% 20475,10 152,300 156,676
Fannie Mae 4.00% 20475,10 207,850 218,454
Fannie Mae 4.00% 20475,10 171,340 180,349
Fannie Mae 4.00% 20475 145,872 153,672
Fannie Mae 4.00% 20475 145,451 153,229
Fannie Mae 4.00% 20475 137,085 144,415
Fannie Mae 4.00% 20475 110,707 118,021
Fannie Mae 4.00% 20475 98,671 103,927
Fannie Mae 4.00% 20475 90,000 94,813
Fannie Mae 4.00% 20475 44,197 46,560
Fannie Mae 4.00% 20475 14,782 15,573
Fannie Mae 4.00% 20475 11,044 11,635
Fannie Mae 4.00% 20475 10,373 10,928
Fannie Mae 4.00% 20475 10,000 10,535
Fannie Mae 4.00% 20475 5,337 5,623
Fannie Mae 4.50% 20475,10 472,790 507,381
Fannie Mae 4.50% 20475,10 111,010 119,004
Fannie Mae 4.50% 20475 79,305 85,160
Fannie Mae 4.50% 20475 48,979 52,595
Fannie Mae 4.50% 20475 15,386 16,522
Fannie Mae 4.50% 20475 5,523 5,787
Fannie Mae 7.00% 20475 50 56
Fannie Mae 7.00% 20475 13 14
Fannie Mae, Series 2001-4, Class GA, 9.286% 20255,6 27 29
Fannie Mae, Series 2001-4, Class NA, 9.453% 20255,6 17 19
Fannie Mae, Series 1998-W5, Class B3, 6.50% 20285 678 673
Fannie Mae, Series 2002-W7, Class A5, 7.50% 20295 129 154
Fannie Mae, Series 2001-25, Class ZA, 6.50% 20315 1,219 1,322
Fannie Mae, Series 2001-20, Class E, 9.589% 20315,6 5 5
Fannie Mae, Series 2006-51, Class PO, principal only, 0% 20365 1,200 1,069
Fannie Mae, Series 2006-32, Class OA, principal only, 0% 20365 1,147 999
Fannie Mae, Series 2006-96, Class OP, principal only, 0% 20365 370 331
Fannie Mae, Series 2001-T10, Class A1, 7.00% 20415 1,905 2,240
Fannie Mae, Series 2001-50, Class BA, 7.00% 20415 415 475
Fannie Mae, Series 2002-W3, Class A5, 7.50% 20415 1,062 1,250
Fannie Mae, Series 2002-W1, Class 2A, 7.50% 20425,6 1,430 1,616
Freddie Mac 5.00% 20235 720 764
Freddie Mac 5.00% 20235 27 28
Freddie Mac 5.00% 20235 4 4
Freddie Mac 5.00% 20245 1,646 1,760
Freddie Mac 4.50% 20305 936 1,007
Freddie Mac 3.00% 20355 2,477 2,529
Freddie Mac 3.00% 20355 2,042 2,086
Freddie Mac 4.00% 20365 40,938 43,667
Freddie Mac 4.00% 20365 9,110 9,717
Freddie Mac 4.00% 20365 3,005 3,199
Freddie Mac 4.00% 20365 2,760 2,937
Freddie Mac 3.00% 20375 1,728 1,749
Freddie Mac 3.50% 20375 58,237 60,666

 

The Bond Fund of America — Page 23 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
Principal?amount
(000)
Value
(000)
Freddie Mac 3.50% 20375 $40,537 $42,227
Freddie Mac 3.50% 20375 18,101 18,845
Freddie Mac 3.50% 20375 9,258 9,623
Freddie Mac 3.50% 20375 2,827 2,945
Freddie Mac 4.50% 20375 3,966 4,270
Freddie Mac 5.50% 20375 1,336 1,480
Freddie Mac 5.50% 20375 37 41
Freddie Mac 5.50% 20375 8 9
Freddie Mac 7.00% 20375 151 161
Freddie Mac 7.50% 20375 316 350
Freddie Mac 5.50% 20385 1,120 1,247
Freddie Mac 5.50% 20385 444 494
Freddie Mac 5.50% 20385 188 209
Freddie Mac 5.50% 20385 120 134
Freddie Mac 4.50% 20395 1,034 1,112
Freddie Mac 5.00% 20395 7,750 8,509
Freddie Mac 5.50% 20395 8,702 9,604
Freddie Mac 5.50% 20395 2,657 2,961
Freddie Mac 4.50% 20405 18,665 20,088
Freddie Mac 5.50% 20405 5 5
Freddie Mac 4.50% 20415 8,096 8,714
Freddie Mac 4.50% 20415 1,978 2,129
Freddie Mac 4.50% 20415 1,071 1,153
Freddie Mac 4.50% 20415 358 385
Freddie Mac 5.00% 20415 6,151 6,752
Freddie Mac 5.00% 20415 2,413 2,633
Freddie Mac 5.50% 20415 3,913 4,359
Freddie Mac 4.00% 20425 8,055 8,558
Freddie Mac 4.00% 20435 14,629 15,584
Freddie Mac 4.00% 20455 37,046 39,461
Freddie Mac 3.50% 20465 34,786 36,050
Freddie Mac 3.50% 20465 33,312 34,465
Freddie Mac 3.50% 20465 28,467 29,502
Freddie Mac 3.50% 20465 14,348 14,811
Freddie Mac 3.50% 20465 3,687 3,815
Freddie Mac 3.50% 20465 2,948 3,050
Freddie Mac 3.50% 20465 2,796 2,893
Freddie Mac 3.50% 20465 1,973 2,041
Freddie Mac 3.50% 20465 1,654 1,711
Freddie Mac 3.50% 20465 986 1,008
Freddie Mac 4.00% 20465 26,252 27,654
Freddie Mac 4.00% 20465 1,045 1,114
Freddie Mac 4.50% 20465 2,189 2,348
Freddie Mac 4.50% 20465 1,079 1,179
Freddie Mac 4.50% 20465 1,065 1,158
Freddie Mac 4.50% 20465 985 1,071
Freddie Mac 4.50% 20465 862 934
Freddie Mac 3.50% 20475 71,838 74,156
Freddie Mac 3.50% 20475 64,980 67,077
Freddie Mac 3.50% 20475,10 48,100 49,601
Freddie Mac 4.00% 20475 282,439 297,523
Freddie Mac 4.00% 20475 183,885 193,706
Freddie Mac 4.00% 20475 144,764 152,495
Freddie Mac 4.00% 20475,10 130,450 137,319

 

The Bond Fund of America — Page 24 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
Principal?amount
(000)
Value
(000)
Freddie Mac 4.00% 20475,10 $110,084 $115,698
Freddie Mac 4.00% 20475 52,293 55,094
Freddie Mac 4.00% 20475 49,383 52,471
Freddie Mac 4.00% 20475 35,033 36,990
Freddie Mac 4.00% 20475 34,771 36,628
Freddie Mac 4.00% 20475 7,290 7,683
Freddie Mac 4.00% 20475 982 1,052
Freddie Mac 4.50% 20475 161,236 172,907
Freddie Mac 4.50% 20475 23,818 25,656
Freddie Mac 4.50% 20475,10 14,000 15,008
Freddie Mac 4.50% 20475 11,254 12,068
Freddie Mac 4.50% 20475 6,262 6,716
Freddie Mac 4.50% 20475 5,205 5,581
Freddie Mac 6.50% 20475 199 221
Freddie Mac Pool #760014 2.974% 20455,6 16,624 17,159
Freddie Mac, Series 2890, Class KT, 4.50% 20195 308 311
Freddie Mac, Series KS01, Class A2, multifamily 2.522% 20235 3,435 3,469
Freddie Mac, Series 2626, Class NG, 3.50% 20235 7 7
Freddie Mac, Series 2122, Class QM, 6.25% 20295 741 808
Freddie Mac, Series 3136, Class OP, principal only, 0% 20365 794 711
Freddie Mac, Series 3147, Class OD, principal only, 0% 20365 761 671
Freddie Mac, Series 3149, Class MO, principal only, 0% 20365 695 654
Freddie Mac, Series 3149, Class AO, principal only, 0% 20365 585 530
Freddie Mac, Series 3156, Class PO, principal only, 0% 20365 14 12
Freddie Mac, Series 3257, Class PA, 5.50% 20365 7,767 8,769
Freddie Mac, Series 3286, Class JN, 5.50% 20375 5,641 6,084
Freddie Mac, Series 3318, Class JT, 5.50% 20375 3,175 3,425
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 2.00% 20565 70,165 70,360
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 2.00% 20565 56,684 57,190
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 20565 64,012 64,983
Government National Mortgage Assn. 10.00% 20215 16 17
Government National Mortgage Assn. 2.50% 20285 2,602 2,636
Government National Mortgage Assn. 5.00% 20355 675 731
Government National Mortgage Assn. 6.00% 20385 5,639 6,386
Government National Mortgage Assn. 6.50% 20385 210 239
Government National Mortgage Assn. 5.00% 20395 1,013 1,089
Government National Mortgage Assn. 4.50% 20405 1,863 2,004
Government National Mortgage Assn. 5.50% 20405 5,274 5,905
Government National Mortgage Assn. 3.50% 20415 24 25
Government National Mortgage Assn. 4.00% 20415 210 223
Government National Mortgage Assn. 4.50% 20415 11,146 11,929
Government National Mortgage Assn. 4.50% 20415 1,100 1,175
Government National Mortgage Assn. 4.50% 20415 811 867
Government National Mortgage Assn. 4.50% 20415 515 551
Government National Mortgage Assn. 5.00% 20415 5,822 6,250
Government National Mortgage Assn. 3.50% 20425 688 707
Government National Mortgage Assn. 3.50% 20435 2,519 2,621
Government National Mortgage Assn. 4.50% 20435 565 603
Government National Mortgage Assn. 4.00% 20455 385 408
Government National Mortgage Assn. 4.50% 20455 33,765 36,111
Government National Mortgage Assn. 4.50% 20455 23,514 25,113
Government National Mortgage Assn. 4.50% 20455 3,428 3,661
Government National Mortgage Assn. 4.50% 20455 2,852 3,045
Government National Mortgage Assn. 4.50% 20455 1,950 2,083

 

The Bond Fund of America — Page 25 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
Principal?amount
(000)
Value
(000)
Government National Mortgage Assn. 4.50% 20455 $1,595 $1,703
Government National Mortgage Assn. 3.00% 20475 42,157 42,785
Government National Mortgage Assn. 3.00% 20475 14,809 15,030
Government National Mortgage Assn. 4.00% 20475,10 194,850 205,179
Government National Mortgage Assn. 4.00% 20475 108,714 114,931
Government National Mortgage Assn. 4.00% 20475 107,286 113,441
Government National Mortgage Assn. 4.00% 20475 94,714 100,078
Government National Mortgage Assn. 4.00% 20475 53,696 56,827
Government National Mortgage Assn. 4.00% 20475,10 47,800 50,291
Government National Mortgage Assn. 4.00% 20475 9,898 10,443
Government National Mortgage Assn. 4.50% 20475,10 50,000 53,303
Government National Mortgage Assn. 4.50% 20475,10 48,125 51,226
Government National Mortgage Assn. 4.50% 20475 11,907 12,716
Government National Mortgage Assn. 5.637% 20595 7 7
Government National Mortgage Assn. 4.795% 20615 199 203
Government National Mortgage Assn. 4.809% 20615 225 230
Government National Mortgage Assn. 4.822% 20615 1,074 1,088
Government National Mortgage Assn. 4.889% 20615 569 579
Government National Mortgage Assn. 5.081% 20615 847 873
Government National Mortgage Assn. 4.666% 20635 553 565
Government National Mortgage Assn. 4.774% 20645 763 779
Government National Mortgage Assn. 5.20% 20645 41 42
Government National Mortgage Assn. 6.64% 20645 24 25
Government National Mortgage Assn. 4.975% 20655 606 624
National Credit Union Administration, Series 2010-R2, Class 1A, (1-month USD-LIBOR + 0.37%)
1.604% 20175,6
591 591
National Credit Union Administration, Series 2011-R3, Class 1A, (1-month USD-LIBOR + 0.40%)
1.636% 20205,6
683 683
National Credit Union Administration, Series 2011-R1, Class 1A, (1-month USD-LIBOR + 0.45%)
1.681% 20205,6
901 904
Seasoned Credit Risk Transfer, Series 2017-1, Class MA, 3.00% 20565 6,721 6,780
    6,560,782
Collateralized mortgage-backed (privately originated) 1.40%    
Connecticut Avenue Securities, Series 2013-C01, Class M1, (1-month USD-LIBOR + 2.00%)
3.237% 20233,5,6
559 564
Connecticut Avenue Securities, Series 2014-C02, Class 1M1, (1-month USD-LIBOR + 0.95%)
2.187% 20245,6
171 172
Connecticut Avenue Securities, Series 2014-C03, Class 1M1, (1-month USD-LIBOR + 1.20%)
2.437% 20245,6
51 51
Connecticut Avenue Securities, Series 2014-C03, Class 2M1, (1-month USD-LIBOR + 1.20%)
2.437% 20245,6
25 25
Connecticut Avenue Securities, Series 2014-C01, Class M1, (1-month USD-LIBOR + 1.60%)
2.837% 20243,5,6
554 559
Connecticut Avenue Securities, Series 2015-C04, Class 2M1, (1-month USD-LIBOR + 1.70%)
2.937% 20285,6
58 58
CS First Boston Mortgage Securities Corp., Series 2002-30, Class IA1, 7.50% 20325 121 135
CS First Boston Mortgage Securities Corp., Series 2002-34, Class IA1, 7.50% 20325 17 18
CS First Boston Mortgage Securities Corp., Series 2003-21, Class VA1, 6.50% 20335 1,004 1,081
CS First Boston Mortgage Securities Corp., Series 2003-29, Class VA1, 7.00% 20335 15 16
Freddie Mac, Series 2013-DN2, Class M1, (1-month USD-LIBOR + 1.45%) 2.687% 20235,6 732 733
Freddie Mac, Series 2013-DN1, Class M1, (1-month USD-LIBOR + 3.40%) 4.637% 20235,6 1,327 1,342
Freddie Mac, Series 2014-HQ2, Class M1, (1-month USD-LIBOR + 1.45%) 2.687% 20245,6 347 347
Freddie Mac, Series 2014-DN2, Class M2, (1-month USD-LIBOR + 1.65%) 2.887% 20245,6 1,963 1,989

 

The Bond Fund of America — Page 26 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Mortgage-backed obligations (continued)
Collateralized mortgage-backed (privately originated) (continued)
Principal?amount
(000)
Value
(000)
Freddie Mac, Series 2014-HQ2, Class M2, (1-month USD-LIBOR + 2.20%) 3.437% 20245,6 $17,865 $18,454
Freddie Mac, Series 2014-HQ1, Class M2, (1-month USD-LIBOR + 2.50%) 3.737% 20245,6 3,856 3,889
Freddie Mac, Series 2015-HQ2, Class M1, (1-month USD-LIBOR + 1.10%) 2.337% 20255,6 120 120
Freddie Mac, Series 2015-HQ2, Class M2, (1-month USD-LIBOR + 1.95%) 3.187% 20255,6 7,950 8,093
Freddie Mac, Series 2015-DN1, Class M2, (1-month USD-LIBOR + 2.40%) 3.637% 20255,6 1,514 1,516
Mill City Mortgage Trust, Series 2015-2, Class A1, 3.00% 20573,5,6 332 334
Mill City Mortgage Trust, Series 2017-1, Class A1, 2.75% 20583,5,6 25,984 26,191
Mortgage Repurchase Agreement Financing Trust, Series 2017-1, Class A1, (1-month USD-LIBOR + 0.85%) 2.085% 20193,5,6 80,410 80,435
Mortgage Repurchase Agreement Financing Trust, Series 2016-5, Class A1, (1-month USD-LIBOR + 1.17%) 2.405% 20193,5,6 10,000 10,025
Nationstar HECM Loan Trust, Series 2016-3A, Class A, 2.013% 20263,4,5 8,043 8,146
Nationstar HECM Loan Trust, Series 2016-2A, Class A, 2.2394% 20263,4,5,6 1,110 1,120
Nationstar HECM Loan Trust, Series 2017-1A, Class A, 1.968 % 20273,4,5 14,565 14,568
Nationstar HECM Loan Trust, Series 2017-2A, Class A1, 2.0383% 20273,4,5 21,945 21,945
Nationstar HECM Loan Trust, Series 2017-2A, Class M1, 2.8154% 20273,4,5 3,355 3,355
Nationstar HECM Loan Trust, Series 2017-1A, Class M1, 2.9419% 20273,4,5 1,265 1,269
Station Place Securitization Trust, Series 2017-1, Class A, (1-month USD-LIBOR + 0.90%) 2.137% 20493,5,6 2,918 2,919
TBW Mortgage-backed Trust, Series 2007-2, Class A4B, (1-month USD-LIBOR + 0.42%) 1.657% 20375,6 11,107 9,634
Towd Point Mortgage Trust, Series 2016-4, Class A1, 2.25% 20563,5,6 30,609 30,486
Towd Point Mortgage Trust, Series 2016-3, Class A1, 2.25% 20563,5,6 13,126 13,092
Towd Point Mortgage Trust, Series 2017-1, Class A1, 2.75% 20563,5,6 128,081 129,060
Towd Point Mortgage Trust, Series 2017-4, Class A1, 2.75% 20573,5,6 108,830 109,584
Towd Point Mortgage Trust, Series 2015-2, Class 2A11, 3.00% 20573,5,6 4,577 4,632
    505,957
Other mortgage-backed securities 0.34%    
Credit Mutuel-CIC Home Loan SFH 1.50% 20173,5 4,400 4,406
Fannie Mae, Series 2017-M3, Class A2, multifamily 2.569% 20265,6 10 10
Fannie Mae, Series 2017-M7, Class A2, multifamily 2.961% 20275,6 4,047 4,089
Freddie Mac, Series KF02, Class A2, multifamily (1-month USD-LIBOR + 0.55%) 1.782% 20205,6 7,761 7,767
Freddie Mac, Series KF02, Class A3, multifamily (1-month USD-LIBOR + 0.63%) 1.862% 20205,6 3,642 3,645
Freddie Mac, Series K036, Class A2, multifamily 3.527% 20235,6 24,490 25,973
Freddie Mac, Series K043, Class A2, multifamily 3.062% 20245 13,500 13,928
Freddie Mac, Series K050, Class A2, multifamily 3.334% 20255,6 7,000 7,332
Freddie Mac, Series K057, Class A2, multifamily 2.57% 20265 9,000 8,883
Freddie Mac, Series K066, Class A2, multifamily 3.117% 20275 6,340 6,488
Freddie Mac, Series K067, Class A2, multifamily 3.194% 20275 6,730 6,924
Freddie Mac, Series K064, Class A2, multifamily 3.224% 20275 5,705 5,893
Freddie Mac, Series K726, Class A2, multifamily 2.905% 20495 15,000 15,348
Freddie Mac, Series K063, Class A2, multifamily 3.43% 20505 6,125 6,429
Westpac Banking Corp. 1.25% 20173,5 4,425 4,424
    121,539
Commercial mortgage-backed securities 0.31%    
Aventura Mall Trust, Series A, 3.867% 20323,5,6 8,000 8,331
Banc of America Commercial Mortgage Inc., Series 2008-1, Class A4, 6.509% 20515,6 1,294 1,301
Bear Stearns Commercial Mortgage Securities Trust, Series 2007-PW18, Class AM, 6.084% 20505,6 5,730 5,740
Citigroup Commercial Mortgage Trust, Series 2008-C7, Class AM, 6.427% 20495,6 7,468 7,505
Commercial Mortgage Trust, Series 2005-LP5, Class E, 4.647% 20433,5,6 156 156
Core Industrial Trust, Series 2015-CALW, Class A, 3.04% 20343,5 28,025 28,679
DBUBS Mortgage Trust, Series 2011-LC2A, Class A1, 4.537% 20443,5 10,000 10,656
GS Mortgage Securities Corp. II, Series 2010-C2, Class A2, 5.162% 20433,5,6 4,000 4,315
J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2007-C1, Class A4, 5.716% 20515 1,640 1,639

 

The Bond Fund of America — Page 27 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Mortgage-backed obligations (continued)
Commercial mortgage-backed securities (continued)
Principal?amount
(000)
Value
(000)
L.A. Arena Funding, LLC, Series 1, Class A, 7.656% 20263,5 $13,727 $14,368
LB-UBS Commercial Mortgage Trust, Series 2007-C6, Class AM, 6.114% 20405,6 9,049 9,046
LB-UBS Commercial Mortgage Trust, Series 2007-C7, Class AM, 6.303% 20455,6 6,757 6,768
Morgan Stanley Capital I Trust, Series 2014-CPT, Class A, 3.35% 20293,5 6,885 7,113
Morgan Stanley Capital I Trust, Series 2011-C2, Class A4, 4.661% 20443,5 4,950 5,302
Morgan Stanley Capital I Trust, Series 2011-C1, Class A4, 5.033% 20473,5,6 1,485 1,595
    112,514
Total mortgage-backed obligations   7,300,792
Asset-backed obligations 8.06%    
Aesop Funding LLC, Series 2012-3A, Class A, 2.10% 20193,5 1,000 1,001
Aesop Funding LLC, Series 2014-2A, Class A, 2.50% 20213,5 14,075 14,115
Aesop Funding LLC, Series 2015-2A, Class A, 2.63% 20213,5 9,175 9,182
American Express Credit Account Master Trust, Series 2014-4, Class A, 1.43% 20205 72,450 72,459
AmeriCredit Automobile Receivables Trust, Series 2015-1, Class A3, 1.26% 20195 1,291 1,290
AmeriCredit Automobile Receivables Trust, Series 2014-4, Class A3, 1.27% 20195 147 147
AmeriCredit Automobile Receivables Trust, Series 2016-3, Class A2A, 1.37% 20195 9,872 9,868
AmeriCredit Automobile Receivables Trust, Series 2017-1, Class A2A, 1.51% 20205 13,013 13,006
AmeriCredit Automobile Receivables Trust, Series 2017-2, Class A2A, 1.65% 20205 5,965 5,964
AmeriCredit Automobile Receivables Trust, Series 2016-2, Class C, 2.87% 20215 645 653
AmeriCredit Automobile Receivables Trust, Series 2016-3, Class C, 2.24% 20225 5,000 4,984
AmeriCredit Automobile Receivables Trust, Series 2017-1, Class C, 2.71% 20225 6,030 6,052
AmeriCredit Automobile Receivables Trust, Series 2016-1, Class C, 2.89% 20225 4,645 4,704
Angel Oak Capital Advisors, LLC, Series 2013-9A, Class A1R, CLO, (3-month USD-LIBOR + 1.01%)
2.317% 20253,5,6
17,805 17,807
Avant Loans Funding Trust, Series 2016-C, Class B, 4.92% 20203,5 6,813 6,892
Avant Loans Funding Trust, Series 2017-A, Class A, 2.41% 20213,5 3,669 3,676
BA Credit Card Trust, Series 2015-A2, Class A, 1.36% 20205 87,805 87,769
Bank of the West Auto Trust, Series 2014-1, Class A3, 1.09% 20193,5 58 58
BlueMountain CLO Ltd., Series 2013-4A, Class AR, (3-month USD-LIBOR + 1.01%) 2.314% 20253,5,6 33,385 33,403
BlueMountain CLO Ltd., Series 2014-2A, Class AR, CLO, (3-month USD LIBOR + 0.93%) 2.237% 20263,5,6 37,720 37,877
BMW Vehicle Owner Trust 2016-A, Series 2016-A, Class A2A, 0.99% 20195 7,143 7,135
Cabela’s Master Credit Card Trust, Series 2016-1, Class A1, 1.78% 20225 10,580 10,565
Capital One Multi-asset Execution Trust, Series 2015-A1, Class A1, 1.39% 20215 255,414 255,376
Capital One Multi-asset Execution Trust, Series 2015-A5, Class A5, 1.60% 20215 66,062 66,109
CarMaxAuto Owner Trust, Series 2014-4, Class A3, 1.25% 20195 3,050 3,048
Chase Issuance Trust, Series 2014-A7, Class A, 1.38% 20195 5,835 5,835
Chase Issuance Trust, Series 2016-A6, Class A6, 1.10% 20205 495,714 495,324
Chase Issuance Trust, Series 2013-A1, Class A1, 1.30% 20205 44,325 44,307
Chase Issuance Trust, Series 2015-A5, Class A, 1.36% 20205 16,711 16,704
Chase Issuance Trust, Series 2015-A2, Class A, 1.59% 20205 268,400 268,626
Chase Issuance Trust, Series 2015-A7, Class A, 1.62% 20205 8,900 8,907
Chase Issuance Trust, Series 2013-A7, Class A, (1-month USD-LIBOR + 0.43%) 1.664% 20205,6 11,955 11,996
Chrysler Capital Auto Receivables Trust, Series 2015-AA, Class A3, 1.22% 20193,5 188 188
Chrysler Capital Auto Receivables Trust, Series 2014-AA, Class A4, 1.31% 20193,5 39 39
CIFC Funding Ltd., Series 2012-2A, Class A1R, CLO, (3-month USD-LIBOR + 1.35%) 2.668% 20243,5,6 17,732 17,752
CIFC Funding Ltd., Series 2014-3A, Class AR, (3-month USD-LIBOR + 0.95%) 2.263% 20263,5,6 17,505 17,530
Citi Held For Issuance, Series 2016-PM1, Class A, 4.65% 20253,5 2,128 2,143
Citibank Credit Card Issuance Trust, Series 2014-A8, Class A8, 1.73% 20205 8,984 8,995
Citibank Credit Card Issuance Trust, Series 2008-A2, Class A2, (1-month USD-LIBOR + 1.15%)
2.387% 20205,6
13,590 13,639
Citibank Credit Card Issuance Trust, Series 2008-A1, Class A1, 5.35% 20205 11,400 11,560
CLI Funding V LLC, Series 2013-1A, Class Note, 2.83% 20283,5 3,823 3,789

 

The Bond Fund of America — Page 28 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Asset-backed obligations (continued)
Principal?amount
(000)
Value
(000)
CLI Funding V LLC, Series 2013-2A, Class Note, 3.22% 20283,5 $1,054 $1,053
CLI Funding V LLC, Series 2014-2A, Class A, 3.38% 20293,5 6,991 6,992
Conseco Finance Home Equity Loan Trust, Series 2002-B, Class M1, (1-month USD-LIBOR + 1.75%)
2.984% 20335,6
252 253
Consumer Loan Underlying Bond Credit, Series 2017-NP1, Class A, 2.39% 20233,5 4,090 4,093
CPS Auto Receivables Trust, Series 2015-A, Class A, 1.53% 20193,5 234 234
CPS Auto Receivables Trust, Series 2015-C, Class A, 1.77% 20193,5 306 306
CPS Auto Receivables Trust, Series 2016-B, Class A, 2.07% 20193,5 1,014 1,016
CPS Auto Receivables Trust, Series 2016-D, Class A, 1.50% 20203,5 9,059 9,043
CPS Auto Receivables Trust, Series 2017-A, Class A, 1.68% 20203,5 11,618 11,606
CPS Auto Receivables Trust, Series 2017-C, Class A, 1.78% 20203,5 9,567 9,564
CPS Auto Receivables Trust, Series 2016-A, Class C, 3.80% 20213,5 3,500 3,547
CPS Auto Receivables Trust, Series 2015-A, Class C, 4.00% 20213,5 2,395 2,441
CPS Auto Receivables Trust, Series 2017-B, Class C, 2.92% 20223,5 6,800 6,821
CWHEQ Revolving Home Equity Loan Trust, Series 2005-C, Class 2A, FSA insured, (1-month USD-LIBOR + 0.18%) 1.414% 20355,6 3,220 3,074
CWHEQ Revolving Home Equity Loan Trust, Series 2006-I, Class 2A, FSA insured, (1-month USD-LIBOR + 0.14%) 1.374% 20375,6 4,776 4,545
CWHEQ Revolving Home Equity Loan Trust, Series 2007-B, Class A, FSA insured, (1-month USD-LIBOR + 0.15%) 1.384% 20375,6 7,224 6,841
Discover Card Execution Note Trust, Series 2014-A5, Class A, 1.39% 20205 10,600 10,600
Discover Card Execution Note Trust, Series 2015-A1, Class A1, (1-month USD-LIBOR + 0.35%)
1.584% 20205,6
9,970 9,980
DRB Prime Student Loan Trust, Series 2015-D, Class A3, 2.50% 20363,5 1,856 1,858
Drive Auto Receivables Trust, Series 2017-BA, Class A2, 1.59% 20183,5 11,201 11,215
Drive Auto Receivables Trust, Series 2017-2, Class A2A, 1.63% 20195 19,725 19,729
Drive Auto Receivables Trust, Series 2017-1, Class A2A, 1.67% 20195 20,135 20,141
Drive Auto Receivables Trust, Series 2017-BA, Class C, 2.61% 20213,5 22,850 22,964
Drive Auto Receivables Trust, Series 2015-BA, Class C, 2.76% 20213,5 8,736 8,777
Drive Auto Receivables Trust, Series 2015-CA, Class C, 3.01% 20213,5 2,641 2,657
Drive Auto Receivables Trust, Series 2016-CA, Class C, 3.02% 20213,5 2,500 2,532
Drive Auto Receivables Trust, Series 2015-AA, Class C, 3.06% 20213,5 4,473 4,501
Drive Auto Receivables Trust, Series 2015-DA, Class C, 3.38% 20213,5 10,948 11,047
Drive Auto Receivables Trust, Series 2016-AA, Class C, 3.91% 20213,5 18,000 18,228
Drive Auto Receivables Trust, Series 2017-1, Class C, 2.84% 20225 16,640 16,753
Drive Auto Receivables Trust, Series 2017-AA, Class C, 2.98% 20223,5 12,725 12,863
Drive Auto Receivables Trust, Series 2016-BA, Class C, 3.19% 20223,5 2,890 2,920
Drive Auto Receivables Trust, Series 2017-2, Class C, 2.75% 20235 5,250 5,245
Drivetime Auto Owner Trust, Series 2017-1A, Class A, 1.56% 20203,5 9,633 9,627
Drivetime Auto Owner Trust, Series 2017-2A, Class A, 1.72% 20203,5 12,368 12,371
Drivetime Auto Owner Trust, Series 2017-3A, Class A, 1.73% 20203,5 18,420 18,417
Drivetime Auto Owner Trust, Series 2017-1A, Class B, 2.26% 20213,5 4,350 4,348
Drivetime Auto Owner Trust, Series 2016-1A, Class C, 3.54% 20213,5 1,365 1,377
Drivetime Auto Owner Trust, Series 2017-1A, Class C, 2.70% 20223,5 6,875 6,879
Drivetime Auto Owner Trust, Series 2016-3A, Class C, 3.15% 20223,5 8,860 8,905
Drivetime Auto Owner Trust, Series 2016-2A, Class C, 3.67% 20223,5 3,735 3,771
Drivetime Auto Owner Trust, Series 2017-3A, Class C, 3.01% 20233,5 9,000 8,986
Dryden Senior Loan Fund, Series 2012-24RA, Class AR, CLO, (3-month USD-LIBOR + 1.29%) 2.605% 20233,5,6 9,278 9,285
Emerson Park CLO Ltd, Series 2013-1A, Class A1AR, CLO, (3-month USD-LIBOR + 0.98%) 2.284% 20253,5,6 22,055 22,056
Enterprise Fleet Financing LLC, Series 2017-1, Class A2, 2.13% 20223,5 7,435 7,457
Exeter Automobile Receivables Trust, Series 2015-1A, Class C, 4.10% 20203,5 7,750 7,888
Exeter Automobile Receivables Trust, Series 2014-3A, Class C, 4.17% 20203,5 1,000 1,017
Exeter Automobile Receivables Trust, Series 2017-1A, Class A, 1.96% 20213,5 13,275 13,251
Exeter Automobile Receivables Trust, Series 2017-3A, Class A, 2.05% 20213,5 35,765 35,745
Exeter Automobile Receivables Trust, Series 2015-2A, Class C, 3.90% 20213,5 3,335 3,388

 

The Bond Fund of America — Page 29 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Asset-backed obligations (continued)
Principal?amount
(000)
Value
(000)
Exeter Automobile Receivables Trust, Series 2015-3A, Class C, 4.83% 20213,5 $1,000 $1,029
Exeter Automobile Receivables Trust, Series 2014-1A, Class D, 5.53% 20213,5 3,540 3,622
Exeter Automobile Receivables Trust, Series 2017-3A, Class B, 2.81% 20223,5 11,825 11,776
Fifth Third Auto Trust, Series 2014-3, Class A3, 0.96% 20195 584 584
Finn Square CLO Ltd., Series 2012-1A, Class A1R, CLO, (3-month USD-LIBOR + 1.21%) 2.538% 20233,5,6 16,079 16,134
First Investors Auto Owner Trust, Series 2017-1A, Class A1, 1.69% 20213,5 10,385 10,372
First Investors Auto Owner Trust, Series 2017-2, Class A1, 1.86% 20213,5 6,403 6,400
Ford Credit Auto Owner Trust, Series 2017-A, Class A2A, 1.33% 20195 94,303 94,229
Ford Credit Auto Owner Trust, Series 2016-2, Class A, 2.03% 20273,5 13,500 13,404
Ford Credit Auto Owner Trust, Series 2016-1, Class A, 2.31% 20273,5 20,400 20,504
Ford Credit Auto Owner Trust, Series 2015-2, Class A, 2.44% 20273,5 23,070 23,303
Ford Credit Auto Owner Trust, Series 2017-1, Class A, 2.62% 20283,5 28,535 28,845
Ford Credit Auto Owner Trust, Series 2017-2, Class A, 2.36% 20293,5 17,305 17,297
Ford Credit Floorplan Master Owner Trust, Series 2016-3, Class B, 1.75% 20215 4,621 4,590
Ford Credit Floorplan Master Owner Trust, Series 2015-2, Class A1, 1.98% 20225 10,890 10,896
Global SC Finance II SRL, Series 2017-1A, Class A, 3.85% 20373,5 7,230 7,334
GMF Floorplan Owner Revolving Trust, Series 2017-1, Class A1, 2.22% 20223,5 9,635 9,675
GMF Floorplan Owner Revolving Trust, Series 2017-1, Class B, 2.58% 20223,5 3,500 3,518
Henderson Receivables LLC, Series 2006-4A, Class A1, (1-month USD-LIBOR + 0.20%) 1.434% 20413,5,6 1,691 1,651
Henderson Receivables LLC, Series 2006-3A, Class A1, (1-month USD-LIBOR + 0.20%) 1.427% 20413,5,6 1,295 1,225
Hertz Fleet Lease Funding LP, Series 2014-1A, (1-month USD-LIBOR + 0.40%) 1.635% 20283,5,6 140 140
Hertz Vehicle Financing LLC, Rental Car Asset-backed Notes, Series 2013-1A, Class A2, 1.83% 20193,5 28,500 28,401
Hertz Vehicle Financing LLC, Rental Car Asset-backed Notes, Series 2015-1, Class A, 2.73% 20213,5 17,933 17,953
Hertz Vehicle Financing LLC, Rental Car Asset-backed Notes, Series 2016-2A, Class A, 2.95% 20223,5 5,000 4,989
Hertz Vehicle Financing LLC, Rental Car Asset-backed Notes, Series 2017-2A, Class A, 3.29% 20233,5 25,370 25,374
Home Equity Asset Trust, Series 2004-7, Class M1, (1-month USD-LIBOR + 0.62%) 2.167% 20355,6 3,851 3,865
Honda Auto Receivables Owner Trust, Series 2014-3, Class A4, 1.31% 20205 48,503 48,499
IndyMac Home Equity Mortgage Loan Asset-backed Trust, Series 2007-H1, Class A1, FSA insured, (1-month USD-LIBOR + 0.16%) 1.397% 20375,6 3,683 3,511
Lehman ABS Manufactured Housing Contract Trust, Series 2001-B, Class A3, 4.35% 20405 229 232
Lehman ABS Manufactured Housing Contract Trust, Series 2001-B, Class A4, 5.27% 20405 117 120
Lehman ABS Manufactured Housing Contract Trust, Series 2001-B, Class A5, 5.873% 20405 385 395
Madison Park Funding Ltd., CLO, Series 2014-13A, Class AR, (3-month USD-LIBOR + 1.11%)
2.416% 20253,5,6
23,200 23,323
Onemain Financial Issuance Trust, Series 2015-2-A, Class A, 2.57% 20253,5 2,420 2,428
Palmer Square Ltd., Series 2013-1, Class A1R, (3-month USD-LIBOR + 0.97%) 2.279% 20253,5,6 13,725 13,742
RAMP Trust, Series 2004-RS10, Class AI6, 4.55% 20345 23 23
Residential Funding Mortgage Securities II, Inc., Series 2006-HSA3, Class A, FSA insured, (1-month USD-LIBOR + 0.13%) 1.367% 20365,6 566 536
Santander Drive Auto Receivables Trust, Series 2017-2, Class A2, 1.60% 20205 30,000 29,998
Santander Drive Auto Receivables Trust, Series 2014-1, Class C, 2.36% 20205 1,216 1,218
Santander Drive Auto Receivables Trust, Series 2014-5, Class C, 2.46% 20205 11,099 11,143
Santander Drive Auto Receivables Trust, Series 2016-1, Class B, 2.47% 20205 4,000 4,018
Santander Drive Auto Receivables Trust, Series 2013-4, Class C, 3.25% 20205 79 79
Santander Drive Auto Receivables Trust, Series 2015-2, Class C, 2.44% 20215 11,170 11,226
Santander Drive Auto Receivables Trust, Series 2015-1, Class C, 2.57% 20215 1,150 1,156
Santander Drive Auto Receivables Trust, Series 2016-2, Class C, 2.66% 20215 4,980 5,023
Santander Drive Auto Receivables Trust, Series 2015-5, Class C, 2.74% 20215 12,100 12,195
Santander Drive Auto Receivables Trust, Series 2015-4, Class C, 2.97% 20215 4,750 4,805
Santander Drive Auto Receivables Trust, Series 2016-3, Class C, 2.46% 20225 1,200 1,207
Santander Drive Auto Receivables Trust, Series 2017-1, Class C, 2.58% 20225 14,545 14,587
Santander Drive Auto Receivables Trust, Series 2017-3, Class C, 2.76% 20225 5,820 5,830
Santander Drive Auto Receivables Trust, Series 2016-1, Class C, 3.09% 20225 7,310 7,395
SLM Private Credit Student Loan Trust, Series 2008-2, Class A3, (3-month USD-LIBOR + 0.75%)
2.064% 20235,6
19,345 19,327

 

The Bond Fund of America — Page 30 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Asset-backed obligations (continued)
Principal?amount
(000)
Value
(000)
SLM Private Credit Student Loan Trust, Series 2008-7, Class A4, (3-month USD-LIBOR + 0.90%)
2.214% 20235,6
$19,946 $20,039
SLM Private Credit Student Loan Trust, Series 2008-6, Class A4, (3-month USD-LIBOR + 1.10%)
2.414% 20235,6
5,000 5,050
SLM Private Credit Student Loan Trust, Series 2008-9, Class A, (3-month USD-LIBOR + 1.50%) 2.814% 20235,6 31,205 31,967
SLM Private Credit Student Loan Trust, Series 2010-1, Class A, (1-month USD-LIBOR + 0.40%) 1.637% 20255,6 4,568 4,521
SLM Private Credit Student Loan Trust, Series 2012-2, Class A, (1-month USD-LIBOR + 0.70%) 1.937% 20295,6 4,809 4,824
Social Professional Loan Program LLC, Series 2015-C, Class A2, 2.51% 20333,5 3,403 3,412
Sound Point CLO Ltd, Series 2013-2A, Class A1R, CLO, (3-month USD LIBOR + 0.99%) 2.294% 20253,5,6 21,914 21,915
Symphony CLO Ltd, Series 2013-12A, Class AR, CLO, (3-month USD-LIBOR + 1.03%) 2.334% 20253,5,6 58,285 58,321
TAL Advantage V LLC, Series 2013-2A, Class A, 3.55% 20383,5 2,710 2,709
TAL Advantage V LLC, Series 2014-1A, Class A, 3.51% 20393,5 2,624 2,626
TAL Advantage V LLC, Series 2017-1A, Class A, 4.50% 20423,5 7,352 7,632
Triton Container Finance LLC, Series 2017-1A, Class A, 3.52% 20423,5 7,383 7,361
Verizon Owner Trust, Series 2016-1A, Class A, 1.42% 20213,5 4,875 4,858
Verizon Owner Trust, Series 2017-1A, Class A, 2.06% 20213,5 12,780 12,819
Verizon Owner Trust, Series 2017-1A, Class B, 2.45% 20213,5 2,000 2,011
Verizon Owner Trust, Series 2017-1A, Class C, 2.65% 20213,5 2,500 2,513
Volkswagen Auto Loan Enhanced Trust, Series 2014-2, Class A3, 0.95% 20195 1,813 1,812
Voya CLO Ltd., Series 2014-4A, Class A1R, (3-month USD-LIBOR + 0.95%) 2.254% 20263,5,6 22,525 22,554
Westlake Automobile Receivables Trust, Series 2016-3, Class A2, 1.42% 20193,5 12,479 12,474
Westlake Automobile Receivables Trust, Series 2017-1A, Class A2, 1.78% 20203,5 29,680 29,699
Westlake Automobile Receivables Trust, Series 2017-2A, Class A2A, 1.80% 20203,5 21,520 21,511
Westlake Automobile Receivables Trust, Series 2016-1A, Class C, 3.29% 20213,5 4,500 4,536
Westlake Automobile Receivables Trust, Series 2017-1A, Class C, 2.70% 20223,5 3,000 3,014
Wheels SPV 2 LLC, Series 2016-1A, Class A2, 1.59% 20253,5 971 970
World Financial Network Credit Card Master Note Trust, Series 2015-A, Class A,
(1-month USD-LIBOR + 0.48%) 1.714% 20225,6
1,600 1,603
World Omni Auto Receivables Trust, Series 2014-B, Class A3, 1.14% 20205 2,176 2,173
    2,910,731
Bonds & notes of governments & government agencies outside the U.S. 2.95%    
Argentine Republic 6.875% 2021 3,075 3,354
Argentine Republic 7.50% 2026 4,925 5,541
Argentine Republic 8.28% 20335,8 4,984 5,819
Argentine Republic 0% 2035 25,700 2,808
Argentine Republic 7.625% 2046 4,250 4,728
Armenia (Republic of) 7.15% 20253 4,810 5,399
Belarus (Republic of) 6.875% 20233 775 835
Bermuda 4.138% 20233 1,700 1,798
Bermuda 4.854% 20243 10,650 11,639
Brazil (Federative Republic of) 0% 2021 BRL20,000 4,595
Brazil (Federative Republic of) 5.625% 2047 $8,365 8,470
Brazil (Federative Republic of) 6.00% 20502 BRL16,784 5,974
Brazil (Federative Republic of) 6.00% 20552 30,516 10,999
Buenos Aires (City of) 8.95% 20215 $1,000 1,118
Cote d’Ivoire (Republic of) 6.375% 20283,5 7,275 7,537
Dominican Republic 7.50% 20215 950 1,059
Dominican Republic 5.875% 20245 1,640 1,783
Dominican Republic 5.50% 20253 10,380 11,003
Dominican Republic 6.875% 20263 4,300 4,915
Egypt (Arab Republic of) 7.50% 20273 3,200 3,490
Egypt (Arab Republic of) 8.50% 20473 2,245 2,510
FMS Wertmanagement 1.00% 2017 4,400 4,398
FMS Wertmanagement 1.625% 2018 6,400 6,404

 

The Bond Fund of America — Page 31 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Bonds & notes of governments & government agencies outside the U.S. (continued)
Principal?amount
(000)
Value
(000)
Honduras (Republic of) 8.75% 2020 $4,175 $4,773
Honduras (Republic of) 7.50% 20245 3,330 3,804
Honduras (Republic of) 6.25% 20273 1,400 1,513
Hungary 4.00% 2019 3,000 3,097
Hungary 5.375% 2023 5,950 6,720
India (Republic of) 7.80% 2021 INR980,600 15,603
India (Republic of) 8.83% 2023 387,200 6,515
India (Republic of) 8.60% 2028 1,015,200 17,248
India (Republic of) 7.61% 2030 1,833,000 29,454
India (Republic of) 7.88% 2030 1,667,000 27,147
Indonesia (Republic of) 3.75% 2022 $13,255 13,779
Indonesia (Republic of) 3.375% 2023 9,350 9,529
Iraq (Republic of) 5.80% 20285 5,150 4,831
Japan, Series 18, 0.10% 20242 ¥5,402,020 49,712
Japan, Series 20, 0.10% 20252 8,508,500 78,601
Japan, Series 21, 0.10% 20262 1,500,435 13,888
Japan, Series 22, 0.10% 20272 2,207,062 20,487
Japan Bank for International Cooperation (3-month USD-LIBOR + 0.48%) 1.796% 20206 $23,448 23,549
Japan Bank for International Cooperation 2.125% 2020 21,400 21,442
Japan Finance Organization for Municipalities 2.125% 20193 10,000 10,013
Jordan (Hashemite Kingdom of) 6.125% 20263 2,090 2,120
Jordan (Hashemite Kingdom of) 5.75% 20273 615 605
Kazakhstan (Republic of) 5.125% 20253 2,250 2,497
Kazakhstan (Republic of) 6.50% 20453 2,250 2,779
Kenya (Republic of) 6.875% 20243 6,425 6,586
Kuwait (State of) 2.75% 20223 11,650 11,798
Kuwait (State of) 3.50% 20273 2,000 2,060
Landwirtschaftliche Rentenbank 1.75% 2019 8,970 8,992
Morocco (Kingdom of) 4.25% 2022 5,400 5,742
Morocco (Kingdom of) 5.50% 2042 7,200 8,066
Nigeria (Federal Republic of) 6.375% 2023 1,990 2,091
Pakistan (Islamic Republic of) 5.50% 20213 2,335 2,404
Pakistan (Islamic Republic of) 8.25% 2024 2,220 2,529
Panama (Republic of) 4.50% 20475 1,290 1,364
Paraguay (Republic of) 5.00% 20263 1,575 1,685
Paraguay (Republic of) 5.00% 2026 900 963
Paraguay (Republic of) 4.70% 20273 600 627
Peru (Republic of) 6.15% 2032 PEN4,445 1,441
Portuguese Republic 4.10% 2045 €50,500 64,617
Portuguese Republic 5.125% 2024 $138,125 146,930
Saudi Arabia (Kingdom of) 2.375% 20213 750 741
Saudi Arabia (Kingdom of) 2.894% 20223 9,000 9,054
Saudi Arabia (Kingdom of) 2.875% 20233 49,280 49,013
Saudi Arabia (Kingdom of) 3.25% 20263 13,470 13,345
Saudi Arabia (Kingdom of) 3.625% 20283 35,125 34,762
Saudi Arabia (Kingdom of) 4.625% 20473 4,880 4,927
South Africa (Republic of) 5.50% 2020 1,000 1,065
Sri Lanka (Democratic Socialist Republic of) 6.125% 2025 700 742
Sri Lanka (Democratic Socialist Republic of) 6.85% 2025 800 880
Sri Lanka (Democratic Socialist Republic of) 6.825% 2026 6,000 6,604
Sri Lanka (Democratic Socialist Republic of) 6.20% 20273 955 1,004
Swedish Export Credit Corp. 2.875% 20233 9,000 9,020
Turkey (Republic of) 5.625% 2021 39,350 41,914
Turkey (Republic of) 9.00% 2024 TRY11,025 2,852
Turkey (Republic of) 4.25% 2026 $7,700 7,411

 

The Bond Fund of America — Page 32 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Bonds & notes of governments & government agencies outside the U.S. (continued)
Principal?amount
(000)
Value
(000)
Turkey (Republic of) 4.875% 2026 $3,580 $3,564
Turkey (Republic of) 8.00% 2034 1,250 1,559
Turkey (Republic of) 6.00% 2041 2,820 2,901
United Mexican States 4.00% 2023 8,000 8,478
United Mexican States 3.60% 2025 7,600 7,809
United Mexican States 4.125% 2026 1,600 1,688
United Mexican States 4.15% 2027 6,015 6,330
United Mexican States 5.55% 2045 2,500 2,883
United Mexican States, Series M, 6.50% 2021 MXN55,000 3,005
United Mexican States, Series M20, 10.00% 2024 1,270,000 82,648
Uruguay (Oriental Republic of) 8.50% 2028 UYU224,725 7,958
    1,065,934
Municipals 1.21%
Illinois 0.70%
   
Board of Education of the City of Chicago, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2009-E,
6.138% 2039
$8,405 7,815
Board of Education of the City of Chicago, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-D,
6.519% 2040
3,280 3,073
Board of Education of the City of Chicago, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2017-A,
7.00% 20463
4,485 5,391
G.O. Bonds, Pension Funding Series 2003, 4.95% 2023 34,360 35,771
G.O. Bonds, Pension Funding Series 2003, 5.10% 20335 159,200 161,158
G.O. Bonds, Pension Funding Series 2013, 5.877% 2019 705 738
G.O. Bonds, Series 2013-B, 3.65% 2020 2,570 2,603
G.O. Bonds, Series 2013-B, 4.11% 2022 2,280 2,304
G.O. Bonds, Series 2013-B, 4.31% 2023 7,325 7,394
G.O. Bonds, Series 2013-B, 4.91% 2027 1,800 1,755
G.O. Bonds, Taxable Build America Bonds, Series 2010-1, 6.63% 2035 2,600 2,917
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.65% 2020 820 868
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.85% 2022 3,155 3,413
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.95% 2023 5,850 6,356
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 6.15% 2025 2,250 2,451
G.O. Bonds, Taxable Build America Bonds, Series 2010-3, 5.727% 2020 1,230 1,307
G.O. Bonds, Taxable Build America Bonds, Series 2010-5, 6.20% 20215 872 927
Housing Dev. Auth., Multi-Family Housing Rev. Notes (Marshall Field Garden Apartment Homes), (SIFMA Municipal Swap Index + 1.00%) 1.94% 2050 (put 2025)6 6,275 6,228
Housing Dev. Auth., Rev. Bonds, Series 2016-A, 4.00% 2046 1,605 1,726
    254,195
New Jersey 0.09%    
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2015-YY, 4.447% 2020 15,500 16,011
Transportation Trust Fund Auth., Transportation System Bonds,
Series 2006-C, Assured Guaranty Municipal insured, 0% 2033
8,500 4,475
Transportation Trust Fund Auth., Transportation System Bonds,
Series 2006-C, Assured Guaranty Municipal insured, 0% 2034
4,600 2,304
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Series 2013-B, 1.758% 2018 10,500 10,462
    33,252
Michigan 0.08%    
Fin. Auth., Local Government Loan Program Rev. Bonds (City of Detroit Fin. Recovery Income Tax Local Project), Series 2014-F-2, 4.60% 2022 6,000 6,288
Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2016-B, 3.50% 2047 19,715 20,917
    27,205

 

The Bond Fund of America — Page 33 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Municipals (continued)
Tennessee 0.04%
Principal?amount
(000)
Value
(000)
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2015-A, 3.50% 2045 $1,705 $1,788
Housing Dev. Agcy., Residential Fin. Program Bonds, AMT, 4.00% 2046 5,880 6,290
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 1,260 1,332
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2015-1-A, AMT, 4.00% 2045 4,925 5,255
    14,665
Minnesota 0.04%    
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-C, AMT, 4.00% 2045 7,235 7,690
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-A, AMT, 4.00% 2041 960 1,016
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-E, AMT, 3.50% 2046 4,475 4,693
    13,399
California 0.03%    
Industry Public Facs. Auth., Tax Allocation Rev. Ref. Bonds (Civic - Recreational-Industrial Redev. Project No. 1), Series 2015-A, Assured Guaranty Municipal insured, 2.203% 2018 10,000 10,018
Veterans G.O. Ref. Bonds, Series 2015-CM, AMT, 2.45% 2031 1,285 1,308
    11,326
New York 0.02%    
Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), Series 2016-A, 0% 2049 4,250 1,202
Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), Series 2016-A, 0% 2055 12,600 2,703
Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), Series 2016-A, 0% 2056 8,400 1,730
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 52, AMT, 3.50% 2030 2,750 2,909
    8,544
South Carolina 0.02%    
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, 4.00% 2036 1,270 1,368
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, AMT, 4.00% 2041 5,880 6,263
    7,631
Texas 0.02%    
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Taxable Series 2016-B, 2.766% 2026 200 199
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.50% 2023 6,000 7,150
    7,349
Nebraska 0.02%    
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2015-C, 3.50% 2045 1,745 1,834
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2016-A, 3.50% 2046 4,875 5,178
    7,012
Wisconsin 0.02%    
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2015-A, AMT,
4.00% 2045
2,860 3,005
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2016-A, AMT,
3.50% 2046
3,780 3,944
    6,949
Florida 0.02%    
Hurricane Catastrophe Fund Fin. Corp., Rev. Bonds, Series 2013-A, 2.995% 2020 6,550 6,685
Maine 0.02%    
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2015-E-1, AMT, 3.50% 2035 6,035 6,313

 

The Bond Fund of America — Page 34 of 45

 


 

 

unaudited

 

 

Bonds, notes & other debt instruments
Municipals (continued)
Puerto Rico 0.02%
Principal?amount
(000)
Value
(000)
Electric Power Auth., Power Rev. Ref. Bonds, Series UU, Assured Guaranty Municipal insured,
(3-month USD-LIBOR x 0.67 + 0.52%) 1.39% 20296
$7,665 $6,228
Connecticut 0.02%    
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-C-1, 3.50% 2045 5,305 5,620
Ohio 0.01%    
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds,
Current Interest Bonds, Series 2007-A-2, 5.875% 2047
5,000 4,793
Maryland 0.01%    
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2014-B, AMT, 3.25% 2044 4,555 4,736
Kentucky 0.01%    
Housing Corp., Housing Rev. Bonds, Series 2013-D, 3.50% 2033 2,010 2,128
Missouri 0.01%    
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2015-A, 3.75% 2038 1,790 1,902
Iowa 0.01%    
Fin. Auth., Single Family Mortgage Bonds, Series 2016-A, 4.00% 2046 1,700 1,808
Utah 0.00%    
Housing Corp., Single Family Mortgage Bonds, Class III, Series 2015-D-2, 4.00% 2045 1,320 1,409
Wyoming 0.00%    
Community Dev. Auth., Housing Rev. Bonds, Series 2015-6, 4.00% 2045 1,175 1,247
Massachusetts 0.00%    
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 178, 3.50% 2042 1,125 1,196
    435,592
Federal agency bonds & notes 0.05%    
Federal Home Loan Bank 2.75% 2018 16,635 16,794
Total bonds, notes & other debt instruments (cost: $33,936,476,000)   34,251,619
Preferred securities 0.01%
Financials 0.01%
Shares  
CoBank, ACB, Class E, noncumulative3 6,250 3,832
Total preferred securities (cost: $5,820,000)   3,832

 

The Bond Fund of America — Page 35 of 45

 


 

 

unaudited

 

 

Common stocks 0.02%
Information technology 0.01%
Shares Value
(000)
Corporate Risk Holdings I, Inc.4,11 188,850 $3,303
Corporate Risk Holdings Corp.4,11 955
    3,303
Materials 0.01%    
Warrior Met Coal, Inc.3,4 56,285 1,300
Health care 0.00%    
Rotech Healthcare Inc.4,11 342,069 684
Industrials 0.00%    
Atrium Corp.3,4,11 985 1
Total common stocks (cost: $15,325,000)   5,288
Short-term securities 12.01% Principal?amount
(000)
 
Apple Inc. 1.18%–1.19% due 10/20/2017–11/6/20173 $106,600 106,505
Bank of New York Mellon Corp. 1.18% due 10/18/2017 200,000 199,875
Bank of Tokyo-Mitsubishi UFJ, Ltd. 1.13% due 10/6/2017 50,000 49,989
CAFCO, LLC 1.29%–1.30% due 12/12/2017–12/19/20173 60,000 59,834
Chariot Funding, LLC 1.22%–1.42% due 10/31/2017–1/2/20183 125,300 124,942
Cisco Systems, Inc. 1.18% due 12/12/20173 50,000 49,882
Cloverleaf International Holdings, SA 1.13% due 11/14/20173 102,800 102,653
Coca-Cola Co. 1.19%–1.32% due 10/26/2017–3/13/20183 253,325 252,814
Estée Lauder Companies Inc. 1.14% due 10/10/20173 14,400 14,395
ExxonMobil Corp. 1.10%–1.11% due 10/4/2017–10/5/2017 83,200 83,186
Federal Farm Credit Banks 1.20% due 5/15/2018 34,000 33,739
Federal Home Loan Bank 1.01%–1.13% due 10/2/2017–3/14/2018 1,401,600 1,399,078
Freddie Mac 1.08% due 2/6/2018 100,000 99,600
GE Capital Treasury Services (U.S.) LLC 1.24% due 11/17/2017 50,000 49,920
Gotham Funding Corp. 1.07% due 10/2/20173 24,522 24,520
Johnson & Johnson 1.11% due 10/11/20173 100,000 99,964
Microsoft Corp. 1.11%–1.22% due 10/3/2017–1/10/20183 185,600 185,277
Nigerian Treasury Bills 16.65%–16.91% due 7/5/2018–9/13/2018 1,369,600 3,281
PepsiCo Inc. 1.08%–1.10% due 10/16/2017–10/19/20173 150,000 149,910
Pfizer Inc. 1.18%–1.19% due 10/10/2017–11/10/20173 83,800 83,730
Procter & Gamble Co. 1.17%–1.20% due 12/6/2017–1/3/20183 120,500 120,168
Simon Property Group, L.P. 1.18% due 11/7/20173 29,000 28,962
U.S. Bank, N.A. 0.00% due 10/24/2017–11/27/2017 200,000 200,034
U.S. Treasury Bill 1.10% due 2/22/2018 64,000 63,717
U.S. Treasury Bills 1.01%–1.12% due 12/28/2017–3/8/2018 500,800 499,224
United Parcel Service Inc. 1.12% due 11/2/20173 50,000 49,946
Wal-Mart Stores, Inc. 1.09%–1.11% due 10/12/2017–10/30/20173 200,000 199,876
Total short-term securities (cost: $4,334,964,000)   4,335,021
Total investment securities 106.92% (cost: $38,292,585,000)   38,595,760
Other assets less liabilities (6.92)%   (2,497,456)
Net assets 100.00%   $36,098,304

 

The Bond Fund of America — Page 36 of 45

 


 

 

unaudited

 

Futures contracts


 

Contracts Type Number of
contracts
Expiration Notional
amount12
(000)
Value at
9/30/201713
(000)
Unrealized
appreciation
(depreciation)
at 9/30/2017
(000)
30 Day Federal Funds Futures Long 5,589 October 2017 $2,328,936 $2,302,037 $1,040
30 Year Euro-Buxl Futures Short 257 December 2017 (25,700) (49,590) 522
10 Year U.S. Treasury Note Futures Long 8,334 December 2017 833,400 1,044,354 (4,109)
20 Year U.S. Treasury Bond Futures Long 1,610 December 2017 161,000 246,028 (3,845)
30 Year Ultra U.S. Treasury Bond Futures Long 1,280 December 2017 128,000 211,360 (34)
10 Year Ultra U.S. Treasury Note Futures Short 7,143 December 2017 (714,300) (959,506) 10,830
5 Year U.S. Treasury Note Futures Long 82,247 January 2018 8,224,700 9,664,023 (68,672)
2 Year U.S. Treasury Note Futures Long 1,513 January 2018 302,600 326,359 (167)
90 Day Euro Dollar Futures Short 475 March 2018 (118,750) (116,862) (190)
            $(64,625)

Forward currency contracts


 

Contract amount Counterparty Settlement
date
Unrealized
appreciation
(depreciation)
at 9/30/2017
(000)
Purchases
(000)
Sales
(000)
USD22,455 EUR18,800 Bank of America, N.A. 10/4/2017 $229
USD13,123 CAD16,275 Citibank 10/5/2017 79
USD4,365 AUD5,500 Citibank 10/5/2017 51
JPY1,934,584 USD17,742 Citibank 10/5/2017 (545)
JPY5,258,944 USD47,815 JPMorgan Chase 10/5/2017 (1,066)
MXN47,480 USD2,669 Bank of America, N.A. 10/6/2017 (64)
USD84,621 MXN1,504,000 Bank of America, N.A. 10/10/2017 2,184
USD20,125 SEK160,200 Goldman Sachs 10/11/2017 443
JPY816,191 USD7,490 Bank of America, N.A. 10/13/2017 (231)
USD55,979 INR3,600,000 HSBC Bank 10/16/2017 991
USD17,860 INR1,148,500 JPMorgan Chase 10/16/2017 317
USD22,261 EUR18,700 UBS AG 10/16/2017 139
USD492 GBP370 Bank of New York Mellon 10/16/2017 (4)
BRL14,250 USD4,527 Citibank 10/16/2017 (39)
USD1,016 INR65,350 Citibank 10/18/2017 18
USD54,746 EUR45,850 JPMorgan Chase 10/19/2017 496
USD5,211 MXN92,628 Bank of America, N.A. 10/19/2017 141
USD5,515 AUD6,900 Citibank 10/19/2017 104
USD2,391 MXN42,821 Citibank 10/19/2017 48
USD14,871 AUD18,700 Citibank 10/20/2017 207
USD16,942 AUD21,000 Bank of America, N.A. 10/23/2017 474
USD13,005 MXN231,000 Bank of America, N.A. 10/23/2017 371
USD15,993 AUD20,000 Barclays Bank PLC 10/23/2017 310
USD5,274 AUD6,600 JPMorgan Chase 10/23/2017 99
USD2,890 TRY10,125 UBS AG 10/23/2017 69
USD2,618 AUD3,300 HSBC Bank 10/25/2017 31
USD21,328 TRY75,000 JPMorgan Chase 11/3/2017 500
USD20,947 ZAR279,000 Bank of America, N.A. 11/3/2017 459
USD14,578 SGD19,600 JPMorgan Chase 11/3/2017 122
USD6,859 EUR5,700 Citibank 11/3/2017 110
USD22,520 CAD27,800 JPMorgan Chase 11/6/2017 234
USD1,352 AUD1,700 Bank of America, N.A. 11/6/2017 20

 

The Bond Fund of America — Page 37 of 45

 


 

 

unaudited

 

 

Contract amount Counterparty Settlement
date
Unrealized
appreciation
(depreciation)
at 9/30/2017
(000)
Purchases
(000)
Sales
(000)
USD18,883 INR1,238,700 JPMorgan Chase 11/6/2017 $11
USD33,506 GBP24,974 Citibank 11/6/2017 14
USD21,805 MXN400,000 HSBC Bank 11/8/2017 (14)
USD24,439 BRL77,300 JPMorgan Chase 11/9/2017 174
USD14,618 KRW16,600,000 JPMorgan Chase 11/9/2017 117
USD3,707 MXN66,600 Citibank 11/9/2017 74
USD5,978 KRW6,775,000 Bank of America, N.A. 11/9/2017 60
USD2,863 SEK22,900 Bank of America, N.A. 11/9/2017 45
USD1,090 ZAR14,600 Bank of America, N.A. 11/9/2017 19
USD859 TRY3,075 Bank of America, N.A. 11/9/2017 7
JPY321,896 USD2,875 Bank of America, N.A. 11/9/2017 (9)
USD1,582 KRW1,800,000 Citibank 11/10/2017 10
USD5,238 SGD7,100 Goldman Sachs 11/10/2017 1
USD113 TRY405 JPMorgan Chase 11/10/2017 1
USD10,424 JPY1,170,000 JPMorgan Chase 12/22/2017 (20)
USD1,268 MXN23,000 JPMorgan Chase 1/4/2018 25
USD46,856 JPY5,250,000 Citibank 1/18/2018 (77)
USD49,352 JPY5,520,000 Citibank 2/22/2018 (87)
USD2,109 INR140,000 Citibank 3/26/2018 9
        $6,643

Swap contracts


Interest rate swaps

 

Receive Pay Expiration
date
Notional
(000)
Value at
9/30/2017
(000)
Upfront
payments/
receipts
(000)
Unrealized
(depreciation)
appreciation
at 9/30/2017
(000)
U.S. EFFR 1.17865% 11/1/2017 $13,000,000 $(260) $— $(260)
U.S. EFFR 1.1745% 11/1/2017 26,000,000 (520) (520)
U.S. EFFR 1.2165% 11/1/2017 17,600,000 (1,056) (1,056)
SONIA 0.295% 11/2/2017 £12,030,000 (645) (645)
U.S. EFFR 1.23325% 1/31/2018 $8,190,000 819 819
U.S. EFFR 1.269% 1/31/2018 13,318,000 666 666
U.S. EFFR 1.278% 1/31/2018 5,575,000 223 223
U.S. EFFR 1.2235% 1/31/2018 1,750,000 193 193
U.S. EFFR 1.25% 1/31/2018 1,750,000 140 140
U.S. EFFR 1.247% 1/31/2018 1,750,000 140 140
U.S. EFFR 1.2465% 1/31/2018 1,750,000 140 140
1.2755% U.S. EFFR 1/31/2018 3,500,000 (140) (140)
1.23% U.S. EFFR 1/31/2018 12,065,000 (1,207) (1,207)
U.S. EFFR 1.277% 5/2/2018 14,099,000 1,833 1,833
1.2975% 3-month Canada BA 7/5/2018 C$1,278,409 (2,592) (2,592)
1.39% 3-month Canada BA 7/13/2018 825,000 (1,276) (1,276)
1.38% 3-month Canada BA 7/13/2018 800,000 (1,289) (1,289)
1.54375% 3-month Canada BA 9/1/2018 697,500 (710) (710)
1.7475% 3-month Canada BA 9/11/2018 1,200,000 337 337
1.76625% 3-month Canada BA 9/25/2018 208,000 90 90
1.7725% 3-month Canada BA 9/26/2018 207,000 101 101
1.745% 3-month Canada BA 9/27/2018 800,000 212 212
1.725% 3-month Canada BA 9/28/2018 800,000 109 109

 

The Bond Fund of America — Page 38 of 45

 


 

 

unaudited

 

 

Receive Pay Expiration
date
Notional
(000)
Value at
9/30/2017
(000)
Upfront
payments/
receipts
(000)
Unrealized
(depreciation)
appreciation
at 9/30/2017
(000)
7.48% 28-day MXN-TIIE 1/11/2019 MXN3,460,000 $644 $— $644
7.46% 28-day MXN-TIIE 1/24/2019 1,960,000 363 363
1.329% U.S. EFFR 3/27/2019 $430,000 (800) (800)
1.32625% U.S. EFFR 4/5/2019 233,800 (465) (465)
1.34875% U.S. EFFR 4/5/2019 407,500 (672) (672)
1.313% U.S. EFFR 4/13/2019 126,000 (287) (287)
7.195% 28-day MXN-TIIE 4/15/2019 MXN1,090,000 60 60
3-month USD-LIBOR 1.5145% 4/19/2019 $942,000 2,214 2,214
3-month USD-LIBOR 1.512% 4/19/2019 472,000 1,128 1,128
1.345% U.S. EFFR 5/3/2019 440,000 (862) (862)
7.51% 28-day MXN-TIIE 5/30/2019 MXN1,550,000 569 569
3-month USD-LIBOR 1.504% 6/8/2019 $304,000 948 948
3-month USD-LIBOR 1.5055% 6/8/2019 304,000 942 942
1.337% U.S. EFFR 6/8/2019 608,000 (1,484) (1,484)
3-month USD-LIBOR 1.5395% 6/12/2019 304,000 772 772
1.367% U.S. EFFR 6/12/2019 304,000 (593) (593)
3-month USD-LIBOR 1.546% 6/14/2019 440,000 1,087 1,087
3-month USD-LIBOR 1.553% 6/14/2019 304,000 714 714
1.37% U.S. EFFR 6/14/2019 304,000 (584) (584)
3-month USD-LIBOR 1.555% 6/21/2019 304,000 733 733
1.362% U.S. EFFR 6/21/2019 304,000 (644) (644)
3-month USD-LIBOR 1.5445% 6/28/2019 304,000 806 806
1.351% U.S. EFFR 6/28/2019 304,000 (720) (720)
3-month USD-LIBOR 0.821% 7/8/2019 95,000 1,459 1,459
1.8725% 3-month USD-LIBOR 3/20/2020 240,000 463 463
7.14% 28-day MXN-TIIE 4/29/2020 MXN2,118,400 650 650
6.78% 28-day MXN-TIIE 7/6/2020 1,008,770 (143) (143)
3-month USD-LIBOR 1.305% 4/25/2021 $293,000 6,009 6,009
3-month USD-LIBOR 1.0695% 6/17/2021 160,000 4,837 4,837
3-month USD-LIBOR 1.086% 6/21/2021 74,000 2,203 2,203
3-month USD-LIBOR 2.1892% 8/13/2021 50,000 (500) (500)
3-month USD-LIBOR 1.217% 9/22/2021 44,000 1,209 1,209
3-month USD-LIBOR 1.225% 9/22/2021 44,000 1,196 1,196
3-month USD-LIBOR 1.2255% 9/23/2021 478,500 13,006 13,006
3-month USD-LIBOR 1.25% 9/23/2021 430,000 11,283 11,283
3-month USD-LIBOR 1.225% 9/23/2021 346,500 9,425 9,425
3-month USD-LIBOR 1.2796% 10/11/2021 345,000 8,811 8,811
3-month USD-LIBOR 1.883% 11/30/2021 115,000 293 293
1.88984% 3-month USD-LIBOR 1/17/2022 350,000 (973) (973)
3-month USD-LIBOR 1.917% 1/20/2022 118,000 198 198
1.967% 3-month USD-LIBOR 1/26/2022 50,000 17 17
3-month USD-LIBOR 2.01215% 2/2/2022 143,000 (303) (303)
3-month USD-LIBOR 2.074% 2/17/2022 160,000 (739) (739)
6.99% 28-day MXN-TIIE 6/17/2022 MXN655,000 279 279
3-month USD-LIBOR 2.029% 7/11/2022 $330,000 (571) (571)
3-month USD-LIBOR 1.948% 7/28/2022 630,000 1,348 1,348
1.877% 3-month USD-LIBOR 8/8/2022 345,000 (1,932) (1,932)
2.80% 3-month USD-LIBOR 9/2/2022 785,000 8,046 8,046
1.8995% 3-month USD-LIBOR 9/22/2022 93,000 (477) (477)
3-month USD-LIBOR 1.968% 10/3/2022 109,000
1.991% 3-month USD-LIBOR 10/3/2022 109,000
1.176% 3-month USD-LIBOR 2/16/2023 240,000 (10,577) (10,577)
1.615% 3-month USD-LIBOR 8/18/2023 270,000 (3,696) (3,696)

 

The Bond Fund of America — Page 39 of 45

 


 

 

unaudited

 

 

Receive Pay Expiration
date
Notional
(000)
Value at
9/30/2017
(000)
Upfront
payments/
receipts
(000)
Unrealized
(depreciation)
appreciation
at 9/30/2017
(000)
1.309% 3-month USD-LIBOR 9/27/2023 $27,000 $(1,175) $— $(1,175)
2.031% 3-month USD-LIBOR 1/17/2024 80,000 (302) (302)
3-month USD-LIBOR 2.202% 2/2/2024 180,000 (1,120) (1,120)
2.296% 3-month USD-LIBOR 3/21/2024 125,000 1,455 1,455
3-month USD-LIBOR 2.82125% 4/11/2024 22,000 (965) (965)
3-month USD-LIBOR 2.168% 5/15/2024 70,000 (235) (235)
3-month USD-LIBOR 2.7455% 6/19/2024 5,000 (197) (197)
3-month USD-LIBOR 2.12813% 10/3/2024 238,000
6-month JPY-LIBOR 0.5327% 3/4/2025 ¥6,100,000 (1,386) (1,386)
2.59% 3-month USD-LIBOR 3/27/2025 $130,000 1,336 1,336
2.524% 3-month USD-LIBOR 4/14/2025 123,000 863 863
2.2725% 3-month USD-LIBOR 6/8/2025 30,000 (155) (155)
2.354% 3-month USD-LIBOR 9/25/2025 420,000 (1,210) (1,210)
6-month JPY-LIBOR 0.46995% 11/17/2025 ¥6,250,000 (1,151) (1,151)
3-month USD-LIBOR 2.1145% 12/10/2025 $10,000 69 69
3-month USD-LIBOR 2.149% 1/7/2026 10,000 46 46
3-month USD-LIBOR 2.0235% 1/13/2026 38,000 544 544
3-month USD-LIBOR 1.9615% 1/14/2026 110,000 2,099 2,099
6-month JPY-LIBOR 0.3822% 1/15/2026 ¥5,100,000 (605) (605)
3-month USD-LIBOR 1.8855% 1/25/2026 $150,000 3,768 3,768
6-month JPY-LIBOR 0.228% 2/8/2026 ¥8,500,000 (26) (26)
6-month JPY-LIBOR 0.20125% 2/18/2026 8,240,000 140 140
0.1223% 6-month JPY-LIBOR 5/11/2026 2,000,000 (169) (169)
0.1173% 6-month JPY-LIBOR 5/13/2026 1,000,000 (89) (89)
0.10855% 6-month JPY-LIBOR 5/16/2026 2,000,000 (192) (192)
0.0188% 6-month JPY-LIBOR 6/16/2026 1,000,000 (169) (169)
(0.00395)% 6-month JPY-LIBOR 6/17/2026 2,000,000 (367) (367)
3-month USD-LIBOR 1.3805% 7/5/2026 $78,000 5,369 5,369
28-day MXN-TIIE 8.07% 1/1/2027 MXN910,000 (3,634) (3,634)
0.22855% 6-month JPY-LIBOR 1/12/2027 ¥7,700,000 (192) (192)
28-day MXN-TIIE 8.135% 1/14/2027 MXN515,000 (2,189) (2,189)
2.191% 3-month USD-LIBOR 1/17/2027 $50,000 (286) (286)
2.202% 3-month USD-LIBOR 1/17/2027 103,000 (493) (493)
3-month USD-LIBOR 2.5705% 3/14/2027 212,000 (5,622) (5,622)
2.4805% 3-month USD-LIBOR 3/21/2027 125,000 2,335 2,335
2.333% 3-month USD-LIBOR 3/29/2027 150,000 876 876
2.3335% 3-month USD-LIBOR 3/29/2027 112,000 659 659
28-day MXN-TIIE 7.47% 4/5/2027 MXN290,000 (475) (475)
3-month USD-LIBOR 2.272% 4/13/2027 $22,500 (8) (8)
3-month USD-LIBOR 2.262% 4/18/2027 1,500 1 1
3-month USD-LIBOR 2.2225% 4/19/2027 104,000 416 416
3-month USD-LIBOR 2.22% 4/19/2027 53,000 223 223
3-month SEK-STIBOR 1.125% 4/28/2027 SKr665,000 664 664
0.8153% 6-month EURIBOR 4/28/2027 €69,000 (332) (332)
3-month USD-LIBOR 2.293% 5/3/2027 $54,000 (108) (108)
28-day MXN-TIIE 7.625% 5/20/2027 MXN410,000 (923) (923)
7.11% 28-day MXN-TIIE 6/21/2027 1,500,000 255 255
3-month USD-LIBOR 2.2935% 7/17/2027 $70,000 (91) (91)
3-month USD-LIBOR 2.172% 8/16/2027 10,000 100 100
3-month SEK-STIBOR 1.215% 8/21/2027 SKr300,000 126 126
0.8518% 6-month EURIBOR 8/21/2027 €31,000 (154) (154)
2.2575% 3-month USD-LIBOR 10/3/2027 $57,500
3-month USD-LIBOR 2.279% 10/3/2027 57,500

 

The Bond Fund of America — Page 40 of 45

 


 

 

unaudited

 

 

Receive Pay Expiration
date
Notional
(000)
Value at
9/30/2017
(000)
Upfront
payments/
receipts
(000)
Unrealized
(depreciation)
appreciation
at 9/30/2017
(000)
3-month USD-LIBOR 2.7315% 3/27/2030 $68,000 $(1,142) $— $(1,142)
3-month USD-LIBOR 2.679% 4/14/2030 65,500 (783) (783)
3-month USD-LIBOR 2.451% 6/8/2030 16,000 137 137
3-month USD-LIBOR 3.005% 9/2/2030 160,300 (6,008) (6,008)
3-month USD-LIBOR 2.514% 9/25/2030 223,000 1,079 1,079
3-month USD-LIBOR 1.87% 8/18/2031 57,000 3,598 3,598
3.4275% 3-month USD-LIBOR 4/11/2034 500 68 68
2.523% 3-month USD-LIBOR 12/8/2035 5,000 33 33
2.432% 3-month USD-LIBOR 9/21/2037 18,000 (195) (195)
3-month USD-LIBOR 2.943% 7/17/2045 40,000 (3,446) (3,446)
3-month USD-LIBOR 2.6995% 9/2/2045 40,000 (1,408) (1,408)
3-month USD-LIBOR 2.7055% 9/2/2045 50,000 (1,824) (1,824)
3-month USD-LIBOR 2.6785% 9/4/2045 60,000 (1,849) (1,849)
3-month USD-LIBOR 2.516% 10/20/2045 42,000 139 139
3-month USD-LIBOR 2.525% 10/20/2045 28,000 39 39
3-month USD-LIBOR 2.5315% 10/26/2045 40,000 1 1
3-month USD-LIBOR 2.57082% 11/6/2045 123,000 (1,009) (1,009)
3-month USD-LIBOR 2.57067% 11/9/2045 13,200 (108) (108)
3-month USD-LIBOR 2.6485% 11/16/2045 13,050 (321) (321)
3-month USD-LIBOR 2.59125% 12/16/2045 45,000 (563) (563)
3-month USD-LIBOR 2.4095% 1/14/2046 30,000 779 779
3-month USD-LIBOR 1.991% 6/13/2046 8,000 927 927
3-month USD-LIBOR 1.9905% 6/13/2046 4,000 464 464
3-month USD-LIBOR 2.403% 11/21/2046 25,000 702 702
2.5445% 3-month USD-LIBOR 12/6/2046 45,000 115 115
2.542% 3-month USD-LIBOR 12/6/2046 17,000 34 34
3-month USD-LIBOR 2.7265% 12/22/2046 97,000 (4,074) (4,074)
2.6625% 3-month USD-LIBOR 1/27/2047 35,000 987 987
2.664% 3-month USD-LIBOR 2/2/2047 56,000 1,594 1,594
2.66515% 3-month USD-LIBOR 2/2/2047 28,000 804 804
3-month USD-LIBOR 2.6915% 2/23/2047 16,000 (552) (552)
3-month USD-LIBOR 2.798% 3/15/2047 26,000 (1,504) (1,504)
3-month USD-LIBOR 2.743% 3/21/2047 52,500 (2,408) (2,408)
3-month USD-LIBOR 2.601% 4/6/2047 23,300 (347) (347)
3-month USD-LIBOR 2.609% 4/6/2047 23,200 (386) (386)
3-month USD-LIBOR 2.4885% 4/19/2047 21,000 202 202
3-month USD-LIBOR 2.4965% 4/19/2047 21,000 166 166
3-month USD-LIBOR 2.409% 4/20/2047 21,000 567 567
3-month USD-LIBOR 2.4615% 4/20/2047 24,000 373 373
2.634% 3-month USD-LIBOR 7/11/2047 75,000 1,667 1,667
2.5095% 3-month USD-LIBOR 7/24/2047 3,000 (15) (15)
3-month USD-LIBOR 2.5282% 8/4/2047 99,000 106 106
3-month USD-LIBOR 2.535% 8/4/2047 10,000 (4) (4)
3-month USD-LIBOR 2.527% 8/8/2047 10,000 13 13
3-month USD-LIBOR 2.5015% 8/17/2047 20,400 141 141
3-month USD-LIBOR 2.5095% 8/17/2047 19,600 101 101
3-month USD-LIBOR 2.509% 8/17/2047 10,000 53 53
3-month USD-LIBOR 2.419% 8/25/2047 5,000 126 126
3-month USD-LIBOR 2.4135% 8/29/2047 31,000 809 809
3-month USD-LIBOR 2.4425% 9/19/2047 24,500 490 490
3-month USD-LIBOR 2.441% 9/19/2047 6,000 122 122
3-month USD-LIBOR 2.4675% 9/22/2047 21,000 304 304

 

The Bond Fund of America — Page 41 of 45

 


 

 

unaudited

 

 

Receive Pay Expiration
date
Notional
(000)
Value at
9/30/2017
(000)
Upfront
payments/
receipts
(000)
Unrealized
(depreciation)
appreciation
at 9/30/2017
(000)
2.53563% 3-month USD-LIBOR 10/3/2047 $73,000 $— $— $—
3-month USD-LIBOR 2.5235% 10/3/2047 158,800
          $— $36,116

Credit default swaps

Centrally cleared credit default swaps on credit indices — buy protection

 

Receive Pay/
Payment frequency
Expiration
date
Notional
(000)
Value at
9/30/2017
(000)
Upfront
payments
(000)
Unrealized
depreciation
at 9/30/2017
(000)
CDX.NA.HY.25 5.00%/Quarterly 12/20/2020 $44,100 $(2,866) $(1,146) $(1,720)
CDX.NA.HY.28 5.00%/Quarterly 6/20/2022 648,800 (50,169) (46,244) (3,925)
          $(47,390) $(5,645)

The following footnotes apply to either the individual securities noted or one or more of the securities aggregated and listed as a single line item.

 

1 A portion of this security was pledged as collateral. The total value of pledged collateral was $281,047,000, which represented .78% of the net assets of the fund.
2 Index-linked bond whose principal amount moves with a government price index.
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 $6,331,565,000, which represented 17.54% of the net assets of the fund.
4 Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $76,838,000, which represented .21% of the net assets of the fund.
5 Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.
6 Coupon rate may change periodically.
7 Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $44,988,000, which represented .12% of the net assets of the fund.
8 Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Most recent payment was 100% cash unless otherwise noted.
9 Scheduled interest and/or principal payment was not received.
10 Purchased on a TBA basis.
11 Security did not produce income during the last 12 months.
12 Notional amount is calculated based on the number of contracts and notional contract size.
13 Value is calculated based on the notional amount and current market price.
14 Amount less than one thousand.

    

 

Private placement securities Acquisition
date(s)
Cost
(000)
Value
(000)
Percent
of net
assets
Corporate Risk Holdings I, Inc. 8/31/2015 $2,098 $3,303 0.01%
Corporate Risk Holdings Corp. 8/31/2015 0 0 0.00
Rotech Healthcare Inc. 9/26/2013 12,646 684 0.00
Total private placement securities   14,744 3,987 0.01%

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.

 

The Bond Fund of America — Page 42 of 45

 


 

 

unaudited

 

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.

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
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

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.

Exchange-traded futures are generally valued at the official settlement price of, or the last reported sale price on, the exchange or market on which such instruments are traded, as of the close of business on the day the futures are being valued or, lacking any sales, at the last available bid price. Prices for each future are taken from the exchange or market on which the security trades. The average month-end notional amount of futures contracts while held was $16,695,472,000. Forward currency contracts are valued at the mean of representative quoted bid and ask prices, generally based on prices supplied by one or more pricing vendors. The average month-end notional amount of open forward currency contracts while held was $1,231,665,000. Interest rate swaps and credit default swaps are generally valued by pricing vendors based on market inputs that include the index and term of index, reset frequency, payer/receiver, currency and pay frequency. The average month-end notional amounts of interest rate swaps and credit default swaps while held were $69,848,997,000 and $560,805,000, respectively.

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

 

The Bond Fund of America — Page 43 of 45

 


 

 

unaudited

 

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 with supplemental information to support the changes. 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.

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 tables present the fund’s valuation levels as of September 30, 2017 (dollars in thousands):

 

  Investment securities
  Level 1 Level 2 Level 3 Total
Assets:        
Bonds, notes & other debt instruments:        
U.S. Treasury bonds & notes $— $11,464,842 $— $11,464,842
Corporate bonds & notes 11,035,787 21,147 11,056,934
Mortgage-backed obligations 7,300,792 7,300,792
Asset-backed obligations 2,910,731 2,910,731
Bonds & notes of governments & government agencies outside the U.S. 1,065,934 1,065,934
Municipals 435,592 435,592
Federal agency bonds & notes 16,794 16,794
Preferred securities 3,832 3,832
Common stocks 1,300 3,988 5,288
Short-term securities 4,335,021 4,335,021
Total $— $38,570,625 $25,135 $38,595,760

    

 

  Other investments*
  Level 1 Level 2 Level 3 Total
Assets:        
Unrealized appreciation on futures contracts $12,392 $— $— $12,392
Unrealized appreciation on open forward currency contracts 8,799 8,799
Unrealized appreciation on interest rate swaps 124,799 124,799
Liabilities:        
Unrealized depreciation on futures contracts (77,017) (77,017)
Unrealized depreciation on open forward currency contracts (2,156) (2,156)
Unrealized depreciation on interest rate swaps (88,683) (88,683)
Unrealized depreciation on credit default swaps (5,645) (5,645)
Total $(64,625) $37,114 $— $(27,511)

 

* Futures contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the investment portfolio.
   

 

The Bond Fund of America — Page 44 of 45

 


 

 

unaudited

 

 

Key to abbreviations and symbols  
Agcy. = Agency Ref. = Refunding
AMT = Alternative Minimum Tax Rev. = Revenue
AUD = Australian dollars SEK/SKr = Swedish kronor
Auth. = Authority SGD = Singapore dollars
BRL = Brazilian reais SIFMA = Securities Industry and Financial Markets Association
CAD/C$ = Canadian dollars SONIA = Sterling Overnight Interbank Average Rate
CLO = Collateralized Loan Obligations STIBOR = Stockholm Interbank Offered Rate
Dept. = Department TBA = To-be-announced
Dev. = Development TIIE = Equilibrium Interbank Interest Rate
Econ. = Economic TRY = Turkish lira
EFFR = Federal Funds Effective Rate USD/$ = U.S. dollars
EUR/€ = Euros UYU = Uruguayan pesos
EURIBOR = Euro Interbank Offered Rate ZAR = South African rand
Fac. = Facility JPY/¥ = Japanese yen
Facs. = Facilities KRW = South Korean won
Fin. = Finance LIBOR = London Interbank Offered Rate
Fncg. = Financing MXN = Mexican pesos
G.O. = General Obligation PEN = Peruvian nuevos soles
GBP/£ = British pounds Redev. = Redevelopment
INR = Indian rupees  

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 American Funds website at americanfunds.com. Fund shares offered through American Funds Distributors, Inc.

 

 

MFGEFPX-008-1117O-S60710 The Bond Fund of America — Page 45 of 45

 

 

 

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.

 

  THE BOND FUND OF AMERICA
   
  By /s/ John H. Smet
 

John H. Smet, Vice Chairman, President and

Principal Executive Officer

   
  Date: November 28, 2017

 

 

 

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/ John H. Smet

John H. Smet, Vice Chairman, President and

Principal Executive Officer

 
Date: November 28, 2017

 

 

 

By /s/ Brian C. Janssen

Brian C. Janssen, Treasurer and

Principal Financial Officer

 
Date: November 28, 2017