NPORT-EX 1 d736549dnportex.htm FORM NPORT-EX Form NPORT-EX
EuroPacific Growth Fund®
Investment portfolio
June 30, 2019
unaudited
Common stocks 91.40%
Financials 17.50%
Shares Value
(000)
HDFC Bank Ltd. 112,445,464 $3,980,857
HDFC Bank Ltd. (ADR) 7,727,242 1,004,850
AIA Group Ltd. 455,390,000 4,911,429
Kotak Mahindra Bank Ltd. 94,883,478 2,030,385
Prudential PLC 75,679,303 1,649,229
Housing Development Finance Corp. Ltd. 31,813,425 1,010,296
Barclays PLC 483,287,473 919,399
B3 SA - Brasil, Bolsa, Balcao 87,375,000 852,372
Sberbank of Russia PJSC (ADR) 53,712,159 826,093
China Construction Bank Corp., Class H 896,513,000 772,371
Axis Bank Ltd.1 60,761,711 711,729
Ping An Insurance (Group) Co. of China, Ltd., Class H 42,540,999 510,816
Ping An Insurance (Group) Co. of China, Ltd., Class A 8,178,157 105,509
London Stock Exchange Group PLC 8,780,000 611,698
DBS Group Holdings Ltd. 31,495,000 604,294
Bank Central Asia Tbk PT 253,780,000 538,457
Brookfield Asset Management Inc., Class A 11,160,000 533,225
PICC Property and Casualty Co. Ltd., Class H 424,863,869 458,492
Toronto-Dominion Bank (CAD denominated) 7,670,000 448,176
UniCredit SpA 33,921,728 417,585
Deutsche Boerse AG 2,336,540 330,516
BNP Paribas SA 5,872,000 278,867
Agricultural Bank of China Ltd., Class H 664,100,000 277,994
FinecoBank SpA 23,850,406 266,050
ICICI Bank Ltd. 40,513,193 256,540
Capitec Bank Holdings Ltd. 2,643,000 243,704
The People’s Insurance Co. (Group) of China Ltd., Class H 578,319,215 225,799
Zurich Insurance Group AG 640,500 223,014
Ayala Corp. 12,080,000 210,784
IndusInd Bank Ltd. 9,340,596 190,865
Fairfax Financial Holdings Ltd., subordinate voting shares (CAD denominated) 251,000 123,197
Fairfax Financial Holdings Ltd., subordinate voting shares 124,291 60,868
Banco Santander, SA 39,305,000 182,373
BOC Hong Kong (Holdings) Ltd. 44,382,000 174,705
3i Group PLC 11,950,000 168,984
Bank of Ireland Group PLC 31,687,838 164,523
Grupo Financiero Galicia SA, Class B (ADR) 4,191,050 148,782
Metropolitan Bank & Trust Co. 95,587,322 132,929
Société Générale 5,236,935 132,318
Burford Capital Ltd. 6,540,000 128,735
Bank of China Ltd., Class H 303,400,000 128,169
Banco BPM SpA 59,907,284 121,936
BB Seguridade Participações SA 13,844,900 116,746
Türkiye Garanti Bankasi AS1 73,363,000 115,293
Eurobank Ergasias SA1 108,860,228 107,074
Royal Bank of Canada 1,251,000 99,417
Credit Suisse Group AG 8,243,067 98,837
EuroPacific Growth Fund — Page 1 of 13


unaudited
Common stocks (continued)
Financials (continued)
Shares Value
(000)
Sony Financial Holdings Inc. 3,826,300 $ 91,847
Standard Life Aberdeen PLC 23,836,253 89,178
Hiscox Ltd. 4,055,409 87,141
Macquarie Group Ltd. 985,000 86,710
KB Financial Group Inc. 1,891,600 75,114
Shinhan Financial Group Co., Ltd. 1,438,071 55,921
Bharat Financial Inclusion Ltd.1 4,075,000 52,691
Hong Kong Exchanges and Clearing Ltd. 1,406,000 49,640
Akbank TAS1 32,500,000 38,166
Hargreaves Lansdown PLC 1,405,024 34,241
Unione di Banche Italiane SpA 1,197,890 3,269
    28,270,199
Consumer discretionary 13.98%    
Alibaba Group Holding Ltd. (ADR)1 22,731,795 3,851,903
MercadoLibre, Inc.1,2 3,424,500 2,095,006
LVMH Moët Hennessy-Louis Vuitton SE 4,636,000 1,973,158
adidas AG 4,567,744 1,410,166
Galaxy Entertainment Group Ltd. 203,728,000 1,373,104
Sony Corp. 22,434,500 1,175,255
Meituan Dianping, Class B1 118,557,404 1,039,618
Naspers Ltd., Class N 3,849,600 934,596
EssilorLuxottica 6,249,110 815,398
Kering SA 1,245,010 736,306
Melco Resorts & Entertainment Ltd. (ADR)2 32,297,140 701,494
Hyundai Motor Co. 4,647,572 563,513
Sands China Ltd. 117,853,200 563,490
Industria de Diseño Textil, SA 18,682,000 561,885
Rakuten, Inc. 31,230,800 370,778
Just Eat PLC1,2 46,405,000 368,325
Nitori Holdings Co., Ltd. 2,725,000 360,924
Suzuki Motor Corp. 7,343,000 344,896
Ryohin Keikaku Co., Ltd.2 1,825,000 329,402
Maruti Suzuki India Ltd. 3,323,743 314,650
Carnival Corp., units 6,570,000 305,834
Takeaway.com NV1,2 3,176,472 297,626
Hermès International 386,700 278,868
Fast Retailing Co., Ltd. 457,000 276,069
Accor SA 5,239,000 224,887
GVC Holdings PLC 25,079,164 207,594
Flutter Entertainment PLC 2,325,681 174,909
Eicher Motors Ltd. 528,008 146,397
ASOS PLC1,2 4,509,500 146,034
Hyundai Mobis Co., Ltd. 547,600 111,687
Wynn Macau, Ltd. 46,334,000 103,799
Melco International Development Ltd. 39,692,000 88,005
Valeo SA, non-registered shares 2,230,000 72,522
Ctrip.com International, Ltd. (ADR)1 1,933,000 71,347
Ferrari NV 370,813 60,212
William Hill PLC 24,489,000 48,065
HUGO BOSS AG 598,134 39,788
Motherson Sumi Systems Ltd. 16,567,398 29,269
Li & Fung Ltd. 144,818,000 25,213
    22,591,992
EuroPacific Growth Fund — Page 2 of 13


unaudited
Common stocks (continued)
Information technology 11.64%
Shares Value
(000)
Samsung Electronics Co., Ltd. 68,648,250 $ 2,794,325
ASML Holding NV 12,004,828 2,508,178
Taiwan Semiconductor Manufacturing Co., Ltd. 248,385,329 1,911,302
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 8,247,523 323,056
SK hynix, Inc. 29,263,000 1,761,381
Keyence Corp. 2,611,200 1,601,620
Amadeus IT Group SA, Class A, non-registered shares 15,149,279 1,199,980
PagSeguro Digital Ltd., Class A1,2 26,230,571 1,022,205
SAP SE 6,500,380 892,607
Halma PLC2 24,676,157 633,017
Worldpay, Inc., Class A1 4,020,941 492,766
Temenos AG 2,663,158 476,460
Tokyo Electron Ltd. 3,152,800 442,149
Capgemini SE 3,554,000 441,911
Hexagon AB, Class B 5,122,000 284,392
Xiaomi Corp., Class B1 207,929,800 266,177
Worldline SA, non-registered shares1 3,208,837 233,521
Hamamatsu Photonics KK 5,051,000 196,531
Adyen NV1 240,000 185,193
WiseTech Global Ltd. 8,466,476 164,705
Infosys Ltd. 13,425,000 142,365
Murata Manufacturing Co., Ltd. 2,835,000 127,268
Infineon Technologies AG 6,713,000 118,699
TDK Corp. 1,479,000 114,408
Shimadzu Corp. 4,283,300 104,962
Largan Precision Co., Ltd. 810,000 100,535
TravelSky Technology Ltd., Class H 48,723,000 97,924
OBIC Co., Ltd. 767,600 86,859
Hangzhou Hikvision Digital Technology Co., Ltd., Class A 17,699,965 71,075
AAC Technologies Holdings Inc. 1,607,000 9,124
    18,804,695
Industrials 10.74%    
Airbus SE, non-registered shares 32,971,427 4,674,479
Safran SA 6,107,000 894,769
International Consolidated Airlines Group, SA (CDI)2 129,105,675 781,915
MTU Aero Engines AG2 3,144,000 748,971
Rolls-Royce Holdings PLC1 63,482,720 677,530
SMC Corp. 1,817,100 677,020
Melrose Industries PLC2 290,421,746 667,013
Komatsu Ltd. 26,753,232 645,164
DSV A/S 5,867,400 576,179
Recruit Holdings Co., Ltd. 15,806,300 526,901
Yamato Holdings Co., Ltd.2 25,627,893 520,806
Edenred SA 9,972,779 508,715
Adani Ports & Special Economic Zone Ltd. 83,826,574 498,144
Nidec Corp. 3,484,400 475,887
DCC PLC 4,840,805 431,560
KONE Oyj, Class B 6,411,000 378,348
Knorr-Bremse AG, non-registered shares 3,356,726 374,059
Airports of Thailand PCL, foreign registered 145,700,000 349,195
Rentokil Initial PLC 58,480,000 295,210
Ryanair Holdings PLC (ADR)1 4,364,200 279,920
Jardine Matheson Holdings Ltd. 4,367,800 275,259
SK Holdings Co., Ltd. 1,351,955 271,644
EuroPacific Growth Fund — Page 3 of 13


unaudited
Common stocks (continued)
Industrials (continued)
Shares Value
(000)
Thales SA 2,126,500 $ 262,720
Spirax-Sarco Engineering PLC 2,131,000 248,570
Rheinmetall AG 1,981,200 242,516
Shanghai International Airport Co., Ltd., Class A 15,342,341 187,147
Eiffage SA 1,385,500 136,970
Bunzl PLC 5,191,814 136,944
VINCI SA 1,281,018 131,186
NIBE Industrier AB, Class B 7,741,299 113,333
DP World PLC 5,579,563 88,715
Aalberts NV, non-registered shares 1,948,000 76,575
Schindler Holding AG, participation certificate 248,250 55,260
Rational AG 74,250 51,122
Experian PLC 1,294,268 39,185
Alliance Global Group, Inc. 123,500,000 37,218
CCR SA, ordinary nominative 4,494,300 15,988
    17,352,137
Materials 8.50%    
Vale SA, ordinary nominative (ADR) 182,522,800 2,453,107
Vale SA, ordinary nominative 53,432,374 721,068
Teck Resources Ltd., Class B 45,034,000 1,039,233
Koninklijke DSM NV 7,701,619 951,941
Sika AG 5,013,521 855,616
Asahi Kasei Corp.2 76,292,742 812,709
Chr. Hansen Holding A/S2 7,314,000 686,814
Rio Tinto PLC 10,660,000 660,706
Glencore PLC 184,420,191 640,198
Linde PLC (EUR denominated) 1,966,580 395,025
Linde PLC 986,600 198,109
First Quantum Minerals Ltd.2 55,150,483 523,899
ArcelorMittal SA 24,072,000 430,730
CCL Industries Inc., Class B, nonvoting shares 8,200,000 402,126
Akzo Nobel NV 3,930,711 369,369
Fortescue Metals Group Ltd. 47,708,839 302,116
Agnico Eagle Mines Ltd. 5,003,412 256,375
LafargeHolcim Ltd. 4,822,834 235,510
HeidelbergCement AG 2,670,684 216,101
Shin-Etsu Chemical Co., Ltd. 2,177,200 202,645
Evonik Industries AG 6,320,756 184,067
Yara International ASA 3,632,000 176,183
Indorama Ventures PCL, foreign registered 113,541,600 174,010
CRH PLC 4,403,868 143,669
UltraTech Cement Ltd. 2,112,000 139,393
Barrick Gold Corp. 6,950,000 109,601
MMG Ltd.1 269,296,554 94,113
Aluminum Corp. of China Ltd., Class H1 256,356,000 90,903
Air Liquide SA, non-registered shares 628,000 87,870
BASF SE 1,016,500 73,883
Givaudan SA 19,800 55,899
Hindalco Industries Ltd. 16,253,000 48,751
    13,731,739
EuroPacific Growth Fund — Page 4 of 13


unaudited
Common stocks (continued)
Health care 8.46%
Shares Value
(000)
Daiichi Sankyo Co., Ltd.2 39,341,000 $ 2,056,175
Novartis AG 21,274,600 1,943,961
AstraZeneca PLC 12,090,000 988,471
Chugai Pharmaceutical Co., Ltd. 13,074,858 853,750
Takeda Pharmaceutical Co., Ltd. 21,696,653 769,339
Koninklijke Philips NV 16,370,000 710,788
Alcon Inc.1 10,860,430 670,628
HOYA Corp. 8,511,951 651,650
CSL Ltd. 4,159,000 627,763
Fresenius SE & Co. KGaA 11,409,000 618,561
Teva Pharmaceutical Industries Ltd. (ADR)1,2 55,991,159 516,798
Hikma Pharmaceuticals PLC2 14,615,045 319,610
GW Pharmaceuticals PLC (ADR)1,2 1,816,499 313,146
NMC Health PLC 9,637,100 294,094
Aier Eye Hospital Group Co., Ltd., Class A 62,753,428 282,963
Grifols, SA, Class A, non-registered shares 6,401,000 189,243
Grifols, SA, Class B (ADR) 3,541,478 74,725
Novo Nordisk A/S, Class B 4,313,500 219,810
Fresenius Medical Care AG & Co. KGaA 2,398,000 188,256
Bayer AG 2,607,043 180,655
Merck KGaA 1,678,000 175,465
Galapagos NV1 1,350,000 174,155
Straumann Holding AG 150,000 132,360
Yunnan Baiyao Group Co., Ltd., Class A 9,588,823 116,463
M3, Inc. 6,100,000 111,403
WuXi Biologics (Cayman) Inc.1 10,329,347 92,759
bioMérieux SA 1,010,268 83,688
Demant A/S1 2,509,762 78,036
Asahi Intecc Co., Ltd. 2,800,000 68,925
Coloplast A/S, Class B 491,000 55,487
Fisher & Paykel Healthcare Corp. Ltd. 4,948,000 51,390
Hypera SA, ordinary nominative 4,229,700 33,034
Argenx SE (ADR)1 230,000 32,563
    13,676,114
Energy 5.53%    
Reliance Industries Ltd.1 196,635,942 3,569,657
Royal Dutch Shell PLC, Class B 16,126,544 528,586
Royal Dutch Shell PLC, Class A (GBP denominated) 10,516,976 343,584
Royal Dutch Shell PLC, Class A (EUR denominated) 122,980 4,015
Petróleo Brasileiro SA (Petrobras), ordinary nominative (ADR) 53,270,000 829,414
Cenovus Energy Inc.2 86,952,000 766,901
Canadian Natural Resources, Ltd. (CAD denominated) 23,497,225 633,566
Canadian Natural Resources, Ltd. 4,342,000 117,104
TOTAL SA 10,605,978 594,259
Oil Search Ltd.2 99,107,800 491,921
Tourmaline Oil Corp.2 16,547,000 210,763
Suncor Energy Inc. 6,163,080 192,251
Ultrapar Participacoes SA, ordinary nominative 30,584,000 160,090
Saipem SpA, Class S1 28,172,263 140,152
Enbridge Inc. (CAD denominated) 3,548,980 128,187
BP PLC 14,533,746 101,256
EuroPacific Growth Fund — Page 5 of 13


unaudited
Common stocks (continued)
Energy (continued)
Shares Value
(000)
CNOOC Ltd. 38,800,000 $ 66,358
Novatek PJSC (GDR) 263,700 55,904
    8,933,968
Communication services 5.40%    
Nintendo Co., Ltd.2 10,225,426 3,745,324
Tencent Holdings Ltd. 49,439,911 2,231,590
SoftBank Group Corp. 27,273,400 1,306,563
Altice Europe NV, Class A1,2 68,814,197 247,188
Altice Europe NV, Class B1,2 14,777,869 52,932
United Internet AG 5,075,000 167,122
Advanced Info Service PCL, foreign registered 22,200,000 157,809
ITV PLC 92,482,903 126,844
Yandex NV, Class A1 3,275,000 124,450
América Móvil, SAB de CV, Series L (ADR) 5,873,819 85,523
América Móvil, SAB de CV, Series L 18,821,401 13,699
ProSiebenSat.1 Media SE 5,357,000 84,153
Nippon Telegraph and Telephone Corp. 1,648,900 76,729
Cellnex Telecom, SA, non-registered shares 1,862,211 68,904
Axel Springer SE 963,068 67,842
LG Uplus Corp. 5,053,000 63,455
YY Inc., Class A (ADR)1 856,000 59,655
TalkTalk Telecom Group PLC 35,499,000 50,266
    8,730,048
Consumer staples 5.24%    
Nestlé SA 14,341,399 1,484,677
Pernod Ricard SA 4,619,004 851,130
Kweichow Moutai Co., Ltd., Class A 4,870,938 697,844
British American Tobacco PLC 19,568,999 683,172
Thai Beverage PCL 825,350,000 506,312
Associated British Foods PLC 15,094,485 472,138
Kao Corp. 6,012,600 457,853
Kirin Holdings Co., Ltd. 18,763,745 404,374
JBS SA, ordinary nominative 65,985,204 364,642
KOSÉ Corp. 1,892,900 317,254
Treasury Wine Estates Ltd. 27,974,734 293,024
Coca-Cola European Partners PLC 4,291,645 242,478
Uni-Charm Corp. 6,933,000 208,604
CP ALL PCL, foreign registered 72,596,966 203,582
Glanbia PLC 11,840,579 192,534
Ambev SA 35,791,000 166,747
Alimentation Couche-Tard Inc., Class B 2,500,000 157,325
Anheuser-Busch InBev SA/NV 1,693,000 149,851
LG Household & Health Care Ltd. 123,000 139,868
Coca-Cola HBC AG (CDI)1 3,562,746 134,469
Wal-Mart de México, SAB de CV, Series V 36,212,000 98,861
Fomento Económico Mexicano, SAB de CV 9,055,000 87,730
Philip Morris International Inc. 1,074,000 84,341
WH Group Ltd. 74,372,000 75,403
    8,474,213
EuroPacific Growth Fund — Page 6 of 13


unaudited
Common stocks (continued)
Utilities 2.95%
Shares Value
(000)
Ørsted AS 18,477,485 $ 1,597,742
China Gas Holdings Ltd. 208,024,600 773,598
ENN Energy Holdings Ltd.2 73,137,000 711,550
China Resources Gas Group Ltd.2 116,528,000 578,038
Enel SpA 78,250,000 546,325
E.ON SE 18,063,000 196,172
Guangdong Investment Ltd. 76,500,000 151,400
Pampa Energía SA (ADR)1 2,085,000 72,287
Naturgy Energy Group, SA 2,589,000 71,332
SSE PLC 4,695,000 66,898
    4,765,342
Real estate 1.46%    
China Overseas Land & Investment Ltd. 184,608,000 680,609
Ayala Land, Inc. 390,814,709 387,497
Ayala Land, Inc., preference shares1,3,4 481,283,600 845
Sun Hung Kai Properties Ltd. 20,975,083 355,774
Vonovia SE 6,378,407 304,621
China Resources Land Ltd. 33,866,000 149,134
CK Asset Holdings Ltd. 18,470,000 144,583
Longfor Group Holdings Ltd. 34,291,500 129,278
Vinhomes JSC1 33,474,875 113,905
Central Pattana PCL, foreign registered 40,970,100 100,196
    2,366,442
Total common stocks (cost: $103,672,110,000)   147,696,889
Preferred securities 1.42%
Financials 0.48%
   
Itaú Unibanco Holding SA, preferred nominative (ADR) 82,746,200 779,469
Health care 0.41%    
Sartorius AG, nonvoting preferred, non-registered shares 1,854,381 380,184
Grifols, SA, Class B, nonvoting preferred, non-registered shares 13,451,154 279,904
    660,088
Consumer discretionary 0.41%    
Volkswagen AG, nonvoting preferred shares 3,897,000 656,804
Energy 0.07%    
Petróleo Brasileiro SA (Petrobras), preferred nominative (ADR) 8,293,760 117,771
Information technology 0.05%    
Samsung Electronics Co., Ltd., nonvoting preferred shares 2,440,000 80,830
Total preferred securities (cost: $1,946,485,000)   2,294,962
EuroPacific Growth Fund — Page 7 of 13


unaudited
Rights & warrants 0.06%
Health care 0.06%
Shares Value
(000)
WuXi AppTec Co., Ltd., Class A, warrants, expire 20201,3,5 7,814,200 $ 89,742
Total rights & warrants (cost: $83,560,000)   89,742
Bonds, notes & other debt instruments 0.11%
U.S. Treasury bonds & notes 0.06%
U.S. Treasury 0.06%
Principal amount
(000)
 
U.S. Treasury 1.50% 20196 $ 100,000 99,809
Total U.S. Treasury bonds & notes   99,809
Corporate bonds & notes 0.04%
Financials 0.04%
   
UniCredit SpA 5.861% 20325,7 19,000 18,213
UniCredit SpA, Contingent Convertible, 5.375% (undated)7 5,375 5,581
UniCredit SpA, Contingent Convertible, 6.625% (undated)7 21,245 24,111
UniCredit SpA, Contingent Convertible, 8.00% (undated)7 $ 27,075 26,238
    74,143
Total corporate bonds & notes   74,143
Bonds & notes of governments & government agencies outside the U.S. 0.01%    
Argentine Republic (Argentina Central Bank 7D Repo Reference Rate) 68.466% 20208 ARS116,033 2,666
Argentine Republic (Badlar Private Banks ARS Index + 2.00%) 44.503% 20228 332,144 6,977
    9,643
Total bonds, notes & other debt instruments (cost: $179,551,000)   183,595
Short-term securities 6.67%
Money market investments 6.42%
Shares  
Capital Group Central Cash Fund2 103,762,216 10,375,184
Other short-term securities 0.25% Principal amount
(000)
 
Argentinian Treasury Bills (81.86%)–9.41% due 7/19/2019–7/31/2020 ARS15,202,865 403,489
Total short-term securities (cost: $10,810,820,000)   10,778,673
Total investment securities 99.66% (cost: $116,692,526,000)   161,043,861
Other assets less liabilities 0.34%   550,366
Net assets 100.00%   $161,594,227
Forward currency contracts

Contract amount Counterparty Settlement
date
Unrealized
appreciation
(depreciation)
at 6/30/2019
(000)
Purchases
(000)
Sales
(000)
USD180,093 GBP141,350 Citibank 7/12/2019 $ 455
USD128,218 GBP100,572 Morgan Stanley 7/12/2019 404
GBP27,800 USD35,371 Citibank 7/12/2019 (40)
USD41,966 INR2,925,000 JPMorgan Chase 7/18/2019 (301)
USD64,047 INR4,462,500 Standard Chartered Bank 7/19/2019 (428)
EuroPacific Growth Fund — Page 8 of 13


unaudited
Forward currency contracts  (continued)

Contract amount Counterparty Settlement
date
Unrealized
appreciation
(depreciation)
at 6/30/2019
(000)
Purchases
(000)
Sales
(000)
USD42,400 INR2,962,500 Bank of America, N.A. 7/22/2019 $ (387)
USD42,195 INR2,962,500 Bank of America, N.A. 7/22/2019 (592)
        $(889)
Investments in affiliates

A company is an affiliate of the fund under the Investment Company Act of 1940 if the fund’s holdings represent 5% or more of the outstanding voting shares of that company. Further details on these holdings and related transactions during the three months ended June 30, 2019, appear below.
  Beginning
shares
Additions Reductions Ending
shares
Net
realized
(loss) gain
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Dividend
income
(000)
Value of
affiliates at
6/30/2019
(000)
Common stocks 12.59%
Consumer discretionary 2.44%                
MercadoLibre, Inc.1 3,424,500 3,424,500 $ $ 356,285 $ $ 2,095,006
Melco Resorts & Entertainment Ltd. (ADR) 32,297,140 32,297,140 (28,082) 5,009 701,494
Just Eat PLC1 54,396,000 7,991,000 46,405,000 (25,757) (75,857) 368,325
Ryohin Keikaku Co., Ltd. 2,164,000 339,000 1,825,000 (41,566) (110,861) 114 329,402
Takeaway.com NV1 3,176,472 3,176,472 40,504 297,626
ASOS PLC1 5,897,884 1,388,384 4,509,500 (24,068) (3,854) 146,034
Galaxy Entertainment Group Ltd.9 224,749,000 21,021,000 203,728,000 (18,686) 4,790
GVC Holdings PLC9 31,312,683 6,233,519 25,079,164 (36,360) 64,666
                3,937,887
Information technology 1.03%                
PagSeguro Digital Ltd., Class A1 24,308,238 1,922,333 26,230,571 232,040 1,022,205
Halma PLC 22,653,157 2,023,000 24,676,157 92,899 633,017
                1,655,222
Industrials 1.68%                
International Consolidated Airlines Group, SA (CDI) 129,105,675 129,105,675 (79,032) 781,915
MTU Aero Engines AG 3,144,000 3,144,000 37,267 10,089 748,971
Melrose Industries PLC 290,421,746 290,421,746 (25,770) 11,661 667,013
Yamato Holdings Co., Ltd. 25,518,093 109,800 25,627,893 (139,858) 520,806
                2,718,705
Materials 1.25%                
Asahi Kasei Corp. 76,292,742 76,292,742 26,583 812,709
Chr. Hansen Holding A/S 7,314,000 7,314,000 (54,543) 686,814
First Quantum Minerals Ltd. 54,022,483 1,128,000 55,150,483 (100,987) 202 523,899
                2,023,422
Health care 1.98%                
Daiichi Sankyo Co., Ltd. 34,141,000 5,200,000 39,341,000 71,814 2,056,175
Teva Pharmaceutical Industries Ltd. (ADR)1 52,991,159 3,000,000 55,991,159 (359,544) 516,798
Hikma Pharmaceuticals PLC 14,615,045 14,615,045 (21,409) 3,800 319,610
EuroPacific Growth Fund — Page 9 of 13


unaudited
Investments in affiliates  (continued)

  Beginning
shares
Additions Reductions Ending
shares
Net
realized
(loss) gain
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Dividend
income
(000)
Value of
affiliates at
6/30/2019
(000)
GW Pharmaceuticals PLC (ADR)1 1,816,499 1,816,499 $ $ 6,939 $ $ 313,146
NMC Health PLC9 12,262,303 2,625,203 9,637,100 (37,104) 51,246 2,213
                3,205,729
Energy 0.91%                
Cenovus Energy Inc. 69,818,000 17,134,000 86,952,000 (10,577) 3,260 766,901
Oil Search Ltd. 94,187,800 4,920,000 99,107,800 (57,267) 491,921
Tourmaline Oil Corp. 16,547,000 16,547,000 (44,807) 1,489 210,763
                1,469,585
Communication services 2.50%                
Nintendo Co., Ltd. 9,070,426 1,155,000 10,225,426 766,535 9,871 3,745,324
Altice Europe NV, Class A1 62,627,628 6,186,569 68,814,197 65,715 247,188
Altice Europe NV, Class B1 14,777,869 14,777,869 14,407 52,932
                4,045,444
Utilities 0.80%                
ENN Energy Holdings Ltd. 77,627,000 4,490,000 73,137,000 (5,340) 9,889 11,106 711,550
China Resources Gas Group Ltd. 76,616,000 39,912,000 116,528,000 34,288 9,130 578,038
                1,289,588
Short-term securities 6.42%
Money market investments 6.42%                
Capital Group Central Cash Fund 93,044,336 38,813,714 28,095,834 103,762,216 8 873 54,276 10,375,184
Total 19.01%         $(188,873) $764,292 $122,220 $30,720,766
1 Security did not produce income during the last 12 months.
2 Represents an affiliated company as defined under the Investment Company Act of 1940.
3 Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $90,587,000, which represented .06% of the net assets of the fund.
4 Value determined using significant unobservable inputs.
5 Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $107,955,000, which represented .07% of the net assets of the fund.
6 All or a portion of this security was pledged as collateral. The total value of pledged collateral was $1,621,000, which represented less than .01% of the net assets of the fund.
7 Step bond; coupon rate may change at a later date.
8 Coupon rate may change periodically.
9 Unaffiliated issuer at 6/30/2019.
Valuation disclosures

Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value of each share class of the fund is generally determined as of approximately 4:00 p.m. New York time each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Equity securities are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.
EuroPacific Growth Fund — Page 10 of 13


unaudited
Fixed-income securities, including short-term securities, are generally valued at prices obtained from one or more pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.
Fixed-income class Examples of standard inputs
All Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”)
Corporate bonds & notes; convertible securities Standard inputs and underlying equity of the issuer
Bonds & notes of governments & government agencies Standard inputs and interest rate volatilities
When the fund’s investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or deemed to be not representative), fixed-income securities will be valued in good faith at the mean quoted bid and ask prices that are reasonably and timely available (or bid prices, if ask prices are not available) or at prices for securities of comparable maturity, quality and type.
Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund’s investment adviser. The Capital Group Central Cash Fund (“CCF”) is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF’s portfolio securities. The underlying securities are valued based on the policies and procedures in CCF’s statement of additional information. 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 $555,801,000.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by authority of the fund’s board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security; contractual or legal restrictions on resale of the security; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.
Processes and structure — The fund’s board of trustees has delegated authority to the fund’s investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Fair Valuation Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Fair Valuation Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation teams. The Fair Valuation Committee reviews changes in fair value measurements from period to period and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. The Fair Valuation Committee reports any changes to the fair valuation guidelines to the board of trustees. The fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
The fund’s investment adviser has also established a Fixed-Income Pricing Review Group to administer and oversee the fixed-income valuation process, including the use of fixed-income pricing vendors. This group regularly reviews pricing vendor information and market data. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews, including an annual control self-evaluation program facilitated by the investment adviser’s compliance group.
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
EuroPacific Growth Fund — Page 11 of 13


unaudited
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 June 30, 2019 (dollars in thousands):
  Investment securities
  Level 1 Level 2 Level 3 Total
Assets:        
Common stocks:        
Financials $ 28,270,199 $ $ $ 28,270,199
Consumer discretionary 22,591,992 22,591,992
Information technology 18,804,695 18,804,695
Industrials 17,352,137 17,352,137
Materials 13,731,739 13,731,739
Health care 13,676,114 13,676,114
Energy 8,933,968 8,933,968
Communication services 8,730,048 8,730,048
Consumer staples 8,474,213 8,474,213
Utilities 4,765,342 4,765,342
Real estate 2,365,597 845 2,366,442
Preferred securities 2,294,962 2,294,962
Rights & warrants 89,742 89,742
Bonds, notes & other debt instruments 183,595 183,595
Short-term securities 10,375,184 403,489 10,778,673
Total $160,366,190 $676,826 $845 $161,043,861
  Other investments*
  Level 1 Level 2 Level 3 Total
Assets:        
Unrealized appreciation on open forward currency contracts $ $ 859 $ $ 859
Liabilities:        
Unrealized depreciation on open forward currency contracts (1,748) (1,748)
Total $— $ (889) $— $(889)
* Forward currency contracts are not included in the investment portfolio.
   
Key to abbreviations and symbols
ADR = American Depositary Receipts
ARS = Argentine pesos
CAD = Canadian dollars
CDI = CREST Depository Interest
EUR/€ = Euros
GBP = British pounds
GDR = Global Depositary Receipts
INR = Indian rupees
USD/$ = U.S. dollars
EuroPacific Growth Fund — Page 12 of 13


unaudited
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider 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.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
American Funds Distributors, Inc., member FINRA.
© 2019 Capital Group. All rights reserved.
MFGEFPX-016-0819O-S73136 EuroPacific Growth Fund — Page 13 of 13