Common stocks 94.39% Asia-Pacific 70.15% China 34.77% | Shares | Value (000) | |
Adagene, Inc. (ADR)1 | 140,269 | $2,034 | |
Aier Eye Hospital Group Co., Ltd., Class A2 | 356,948 | 2,938 | |
Alibaba Group Holding, Ltd.1,2 | 144,500 | 2,688 | |
Alibaba Health Information Technology, Ltd.1,2,3 | 4,048,000 | 5,792 | |
BeiGene, Ltd.1,2 | 75,374 | 2,148 | |
BeiGene, Ltd. (ADR)1 | 281,475 | 102,175 | |
Brii Biosciences, Ltd.1,2 | 771,000 | 3,828 | |
CanSino Biologics, Inc., Class H1,2,3 | 959,483 | 33,794 | |
China Feihe, Ltd.2 | 630,000 | 1,061 | |
China Gas Holdings, Ltd.2 | 2,114,400 | 6,235 | |
China Gas Holdings, Ltd.2,3 | 2,680,400 | 7,904 | |
China Merchants Bank Co., Ltd., Class H2 | 4,667,500 | 37,046 | |
China Resources Gas Group, Ltd.2,3 | 1,520,000 | 7,978 | |
ENN Energy Holdings, Ltd.2 | 505,000 | 8,270 | |
Foshan Haitian Flavouring and Food Co., Ltd., Class A2 | 223,950 | 3,806 | |
Gracell Biotechnologies, Inc., Class A (ADR)1 | 531,291 | 7,369 | |
Gree Electric Appliances, Inc. of Zhuhai, Class A2 | 451,186 | 2,706 | |
Haitian International Holdings, Ltd.2 | 1,764,000 | 5,479 | |
Hangzhou Tigermed Consulting Co., Ltd., Class A2 | 400,325 | 10,727 | |
Hangzhou Tigermed Consulting Co., Ltd., Class H2 | 156,700 | 3,324 | |
HBM Holdings, Ltd.1,2 | 13,019,551 | 11,180 | |
Hefei Meyer Optoelectronic Technology, Inc., Class A2 | 646,557 | 3,806 | |
Huazhu Group, Ltd. (ADR)1 | 698,834 | 32,049 | |
Hutchmed China, Ltd. (ADR)1,3 | 1,231,945 | 45,102 | |
Industrial and Commercial Bank of China Ltd., Class H2 | 16,854,000 | 9,304 | |
JD Health International, Inc.1,2,3 | 648,800 | 6,192 | |
Jiangsu Hengrui Medicine Co., Ltd., Class A2 | 7,459,344 | 57,935 | |
Kingdee International Software Group Co., Ltd.1,2,3 | 2,599,000 | 8,604 | |
Kuaishou Technology, Class B1,2 | 133,837 | 1,416 | |
Kweichow Moutai Co., Ltd., Class A2 | 55,461 | 15,713 | |
Legend Biotech Corp. (ADR)1 | 873,399 | 44,159 | |
Longfor Group Holdings, Ltd.2 | 1,312,998 | 6,034 | |
Meituan, Class B1,2 | 167,300 | 5,224 | |
Midea Group Co., Ltd., Class A2 | 724,660 | 7,808 | |
Ming Yuan Cloud Group Holdings Ltd.2,3 | 260,000 | 893 | |
NetEase, Inc.2 | 884,229 | 15,190 | |
NetEase, Inc. (ADR) | 174,116 | 14,870 | |
Ping An Insurance (Group) Company of China, Ltd., Class H2 | 8,743,700 | 59,331 | |
Pop Mart International Group, Ltd.2 | 471,328 | 3,215 | |
Shandong Pharmaceutical Glass Co., Ltd., Class A2 | 568,277 | 2,611 | |
Shandong Sinocera Functional Material Co., Ltd., Class A2 | 584,332 | 3,722 | |
Tencent Holdings, Ltd.2 | 599,100 | 35,128 | |
Trip.com Group, Ltd. (ADR)1 | 1,298,108 | 39,917 | |
Venustech Group, Inc., Class A2 | 3,659,276 | 15,635 | |
WuXi Biologics (Cayman), Inc.1,2 | 1,048,000 | 16,939 |
Common stocks (continued) Asia-Pacific (continued) China (continued) | Shares | Value (000) | |
WuXi Xinje Electric Co., Ltd., Class A2 | 220,300 | $1,566 | |
XPeng, Inc., Class A1,2 | 74,190 | 1,280 | |
Xpeng, Inc., Class A (ADR)1 | 151,834 | 5,396 | |
Yeahka, Ltd.1,2,3 | 2,725,400 | 8,745 | |
Yihai International Holding, Ltd.2,3 | 521,000 | 2,883 | |
Yunnan Energy New Material Co., Ltd., Class A2 | 497,973 | 21,592 | |
760,741 | |||
Hong Kong 5.50% | |||
AIA Group, Ltd.2 | 5,100,000 | 58,722 | |
First Pacific Co., Ltd.2 | 31,018,000 | 11,125 | |
Galaxy Entertainment Group, Ltd.1,2 | 2,486,500 | 12,546 | |
HKBN, Ltd.2 | 15,276,500 | 18,054 | |
Hong Kong Exchanges and Clearing, Ltd.2 | 277,400 | 16,838 | |
Wynn Macau, Ltd.1,2 | 3,572,829 | 2,984 | |
120,269 | |||
India 14.52% | |||
Asian Paints, Ltd.2 | 192,609 | 8,357 | |
Astral, Ltd.2 | 363,782 | 10,548 | |
Avenue Supermarts, Ltd.1,2 | 82,536 | 4,701 | |
Berger Paints India, Ltd.1,2 | 698,799 | 7,615 | |
Bharti Airtel, Ltd.2 | 3,286,820 | 30,133 | |
City Union Bank, Ltd.2 | 879,028 | 1,857 | |
Coforge, Ltd.2 | 325,107 | 22,915 | |
Dabur India, Ltd.2 | 971,945 | 8,074 | |
Genpact, Ltd. | 365,276 | 17,354 | |
Godrej Consumer Products, Ltd.1,2 | 314,141 | 4,308 | |
Havells India, Ltd.2 | 407,430 | 7,523 | |
HDFC Bank, Ltd.2 | 1,067,639 | 22,889 | |
HDFC Bank, Ltd. (ADR) | 6,300 | 460 | |
ICICI Bank, Ltd.2 | 948,449 | 8,915 | |
ICICI Bank, Ltd. (ADR)3 | 1,439,357 | 27,161 | |
Indian Energy Exchange, Ltd.2 | 754,858 | 6,501 | |
Indus Towers, Ltd.2 | 1,823,281 | 7,502 | |
Info Edge (India) Ltd.2 | 12,160 | 1,053 | |
Infosys Ltd.2 | 324,563 | 7,225 | |
ITC, Ltd.2 | 2,183,049 | 6,900 | |
Kotak Mahindra Bank, Ltd.1,2 | 555,980 | 14,972 | |
MakeMyTrip, Ltd., non-registered shares1 | 96,086 | 2,613 | |
Maruti Suzuki India, Ltd.2 | 34,527 | 3,409 | |
Power Grid Corporation of India, Ltd.2 | 7,111,990 | 18,033 | |
Quess Corp., Ltd.1,2 | 862,606 | 10,592 | |
Reliance Industries, Ltd.2 | 443,087 | 14,984 | |
TeamLease Services Ltd.1,2 | 355,773 | 21,419 | |
Tube Investments of India, Ltd.2 | 94,986 | 1,780 | |
United Spirits, Ltd.1,2 | 897,251 | 10,224 | |
Varun Beverages, Ltd.2 | 521,503 | 6,296 | |
Westlife Development, Ltd.1,2 | 160,126 | 1,221 | |
317,534 |
Common stocks (continued) Asia-Pacific (continued) Indonesia 3.90% | Shares | Value (000) | |
Astra International Tbk PT2 | 25,736,800 | $9,832 | |
Bank BTPN Syariah Tbk PT2 | 44,566,259 | 10,768 | |
Bank Central Asia Tbk PT2 | 1,766,860 | 4,322 | |
Bank Mandiri (Persero) Tbk PT2 | 59,700,800 | 25,370 | |
Bank Rakyat Indonesia (Persero) Tbk PT2 | 28,202,900 | 7,495 | |
Elang Mahkota Teknologi Tbk PT1,2 | 88,541,250 | 10,699 | |
PT Surya Citra Media Tbk1,2 | 120,869,744 | 16,933 | |
85,419 | |||
Philippines 1.31% | |||
Ayala Corp.2 | 677,970 | 10,839 | |
Bloomberry Resorts Corp.1,2 | 49,384,000 | 5,740 | |
International Container Terminal Services, Inc.2 | 3,162,076 | 12,081 | |
28,660 | |||
Singapore 0.72% | |||
Sea, Ltd., Class A (ADR)1 | 40,300 | 12,845 | |
Yoma Strategic Holdings Ltd.1,2 | 31,959,732 | 2,955 | |
15,800 | |||
South Korea 4.45% | |||
Coupang, Inc., Class A1 | 108,800 | 3,030 | |
Hugel, Inc.1,2 | 27,374 | 3,980 | |
Korea Investment Holdings Co., Ltd.2 | 308,862 | 22,171 | |
NAVER Corp.2 | 49,434 | 16,108 | |
NCSoft Corp.2 | 1,172 | 593 | |
NHN KCP Corp.1,2 | 135,648 | 5,932 | |
Samsung Electronics Co., Ltd.2 | 488,658 | 30,414 | |
Samsung Electronics Co., Ltd. (GDR)2,4 | 9,684 | 15,053 | |
97,281 | |||
Taiwan 4.00% | |||
AirTAC International Group2 | 41,000 | 1,283 | |
MediaTek, Inc.2 | 538,042 | 17,343 | |
Momo.com, Inc.2 | 33,900 | 1,969 | |
Taiwan Semiconductor Manufacturing Company, Ltd.2 | 2,956,812 | 60,973 | |
Vanguard International Semiconductor Corp.2 | 1,106,000 | 5,950 | |
87,518 | |||
Thailand 0.12% | |||
Airports of Thailand PCL, foreign registered shares2 | 1,516,800 | 2,732 | |
Vietnam 0.86% | |||
Masan Group Corp.2 | 2,593,620 | 16,128 | |
Vinhomes JSC2 | 777,003 | 2,659 | |
18,787 | |||
Total Asia-Pacific | 1,534,741 | ||
Eastern Europe and Middle East 10.27% Hungary 0.03% | |||
Wizz Air Holdings PLC1,2 | 9,700 | 646 |
Common stocks (continued) Eastern Europe and Middle East (continued) Kazakhstan 0.74% | Shares | Value (000) | |
Halyk Savings Bank of Kazakhstan OJSC (GDR)2,4 | 891,987 | $15,162 | |
Kaspi.kz JSC2,4 | 9,636 | 1,027 | |
16,189 | |||
Poland 0.59% | |||
CD Projekt SA2 | 55,755 | 2,672 | |
Huuuge, Inc.1,2 | 1,005,909 | 10,319 | |
12,991 | |||
Russian Federation 8.30% | |||
Alrosa PJSC2 | 332,853 | 606 | |
Baring Vostok Capital Fund IV Supplemental Fund, LP1,2,5,6,7,8 | 43,189,450 | 5,317 | |
Baring Vostok Private Equity Fund IV, LP1,2,5,6,7,8 | 23,604,516 | 4,275 | |
Detsky Mir PJSC2 | 2,689,817 | 4,813 | |
Gazprom PJSC (ADR)2 | 1,389,421 | 13,677 | |
Moscow Exchange MICEX-RTS PJSC2 | 4,216,694 | 10,068 | |
QIWI PLC, Class B (ADR) | 183,518 | 1,538 | |
Rosneft Oil Company PJSC (GDR)2 | 563,135 | 4,695 | |
Sberbank of Russia PJSC2 | 1,220,014 | 5,688 | |
Sberbank of Russia PJSC (ADR)2 | 2,600,428 | 48,316 | |
TCS Group Holding PLC (GDR)2,4 | 150,657 | 13,717 | |
TCS Group Holding PLC (GDR)2 | 104,382 | 9,504 | |
X5 Retail Group NV (GDR)2 | 108,031 | 3,483 | |
Yandex NV, Class A1 | 700,497 | 55,822 | |
181,519 | |||
Slovenia 0.37% | |||
Nova Ljubljanska Banka dd (GDR)2 | 477,955 | 8,046 | |
Turkey 0.24% | |||
Aktas Elektrik Ticaret AS1,2 | 4,273 | —9 | |
Pegasus Hava Tasimaciligi AS1,2 | 422,160 | 3,686 | |
Sok Marketler Ticaret AS, non-registered shares2 | 1,258,800 | 1,669 | |
5,355 | |||
Total Eastern Europe and Middle East | 224,746 | ||
Latin America 8.84% Argentina 0.15% | |||
Loma Negra Compania Industrial Argentina SA (ADR) | 466,741 | 3,328 | |
Brazil 5.88% | |||
Americanas SA, ordinary nominative shares1 | 237,128 | 1,346 | |
Boa Vista Servicos SA | 1,217,375 | 2,839 | |
BR Malls Participacoes SA, ordinary nominative shares1 | 6,080,839 | 9,022 | |
CCR SA, ordinary nominative shares | 1,705,714 | 3,665 | |
CM Hospitalar SA1 | 781,980 | 3,232 | |
Diagnósticos da América SA | 742,978 | 5,938 | |
Estre Ambiental, Inc.1,4 | 591,120 | —9 | |
Gerdau SA (ADR) | 500,926 | 2,465 | |
Hypera SA, ordinary nominative shares | 3,579,829 | 21,128 | |
Lojas Americanas SA, ordinary nominative shares | 3,037,698 | 2,460 |
Common stocks (continued) Latin America (continued) Brazil (continued) | Shares | Value (000) | |
Nexa Resources SA | 355,544 | $2,702 | |
PagSeguro Digital, Ltd., Class A1 | 400,890 | 20,734 | |
Patria Investments, Ltd., Class A | 527,704 | 8,617 | |
Rede D’Or Sao Luiz SA | 892,900 | 11,135 | |
Vale SA, ordinary nominative shares | 1,019,686 | 14,275 | |
Vale SA, ordinary nominative shares (ADR) | 1,370,991 | 19,125 | |
128,683 | |||
Mexico 1.52% | |||
América Móvil, SAB de CV, Series L (ADR) | 1,215,441 | 21,477 | |
Bolsa Mexicana de Valores, SAB de CV, Series A | 6,105,600 | 11,749 | |
33,226 | |||
Uruguay 1.29% | |||
DLocal, Ltd., Class A1 | 515,800 | 28,142 | |
Total Latin America | 193,379 | ||
Other markets 2.70% Canada 0.09% | |||
Barrick Gold Corp. | 107,666 | 1,944 | |
United Kingdom 1.51% | |||
Airtel Africa PLC2 | 7,245,400 | 9,785 | |
British American Tobacco PLC2 | 101,341 | 3,536 | |
Hochschild Mining PLC2 | 3,792,111 | 6,752 | |
Network International Holdings PLC1,2 | 1,816,289 | 8,885 | |
Sedibelo Platinum Mines Ltd.1,2,5 | 17,665,800 | 4,045 | |
33,003 | |||
United States 1.10% | |||
Fabrinet, non-registered shares1 | 15,180 | 1,556 | |
MercadoLibre, Inc.1 | 10,764 | 18,077 | |
Philip Morris International, Inc. | 47,274 | 4,481 | |
24,114 | |||
Total Other markets | 59,061 | ||
Africa 2.43% Federal Republic of Nigeria 0.35% | |||
Guaranty Trust Holding Co. PLC2 | 126,924,542 | 7,575 | |
South Africa 2.08% | |||
AngloGold Ashanti, Ltd.2 | 143,546 | 2,284 | |
Discovery, Ltd.1,2 | 1,906,722 | 17,327 | |
MTN Group, Ltd.1,2 | 2,759,900 | 25,902 | |
45,513 | |||
Total Africa | 53,088 | ||
Total common stocks (cost: $1,388,459,000) | 2,065,015 |
Preferred securities 2.24% Asia-Pacific 1.75% South Korea 1.75% | Shares | Value (000) | |
Samsung Electronics Co., Ltd., nonvoting preferred shares2 | 655,461 | $38,366 | |
Latin America 0.49% Brazil 0.49% | |||
GOL Linhas Aéreas Inteligentes SA, preferred nominative shares1 | 1,730,927 | 6,582 | |
GOL Linhas Aéreas Inteligentes SA, preferred nominative shares (ADR)1,3 | 535,000 | 4,082 | |
10,664 | |||
Total preferred securities (cost: $42,914,000) | 49,030 | ||
Rights & warrants 0.20% Asia-Pacific 0.20% China 0.18% | |||
OPT Machine Vision Tech Co., Ltd., Class A, warrants, expire 20231,2,4 | 65,900 | 3,815 | |
India 0.02% | |||
Bharti Airtel Ltd., rights, expire 20211,2 | 234,772 | 485 | |
Total rights & warrants (cost: $2,696,000) | 4,300 | ||
Short-term securities 4.10% Money market investments 2.85% | |||
Capital Group Central Cash Fund 0.06%10,11 | 623,012 | 62,308 | |
Money market investments purchased with collateral from securities on loan 1.25% | |||
Capital Group Central Cash Fund 0.06%10,11,12 | 78,381 | 7,839 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 0.03%10,12 | 4,900,000 | 4,900 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 0.03%10,12 | 3,700,000 | 3,700 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 0.03%10,12 | 2,928,594 | 2,928 | |
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.03%10,12 | 2,400,000 | 2,400 | |
Fidelity Investments Money Market Government Portfolio, Class I 0.01%10,12 | 2,100,000 | 2,100 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 0.03%10,12 | 2,100,000 | 2,100 | |
RBC Funds Trust – U.S. Government Money Market Fund, RBC Institutional Class 1 0.03%10,12 | 1,300,000 | 1,300 | |
27,267 | |||
Total short-term securities (cost: $89,572,000) | 89,575 | ||
Total investment securities 100.93 % (cost: $1,523,641,000) | 2,207,920 | ||
Other assets less liabilities (0.93)% | (20,301) | ||
Net assets 100.00% | $2,187,619 |
Value of affiliates at 7/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2021 (000) | Dividend income (000) | |
Short-term securities 3.21% | |||||||
Money market investments 2.85% | |||||||
Capital Group Central Cash Fund 0.06%10 | $101,558 | $105,664 | $144,925 | $—9 | $11 | $62,308 | $10 |
Money market investments purchased with collateral from securities on loan 0.36% | |||||||
Capital Group Central Cash Fund 0.06%10,12 | 7,755 | 8413 | 7,839 | —14 | |||
Total short-term securities | 70,147 | ||||||
Total 3.21% | $—9 | $11 | $70,147 | $10 |
1 | Security did not produce income during the last 12 months. |
2 | Valued under fair value procedures adopted by authority of the board of directors. The total value of all such securities was $1,474,350,000, which represented 67.40% of the net assets of the fund. This amount includes $1,456,413,000 related to certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. |
3 | All or a portion of this security was on loan. The total value of all such securities was $25,282,000, which represented 1.16% of the net assets of the fund. |
4 | 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 $48,774,000, which represented 2.23% of the net assets of the fund. |
5 | Value determined using significant unobservable inputs. |
6 | Cost and market value do not include prior distributions to the fund from income or proceeds realized from securities held by the private equity fund. Therefore, the cost and market value may not be indicative of the private equity fund’s performance. For private equity funds structured as limited partnerships, shares are not applicable and therefore the fund’s interest in the partnership is reported. |
7 | Excludes an unfunded capital commitment representing an agreement which obligates the fund to meet capital calls in the future. Capital calls can only be made if and when certain requirements have been fulfilled; thus, the timing and the amount of such capital calls cannot readily be determined. |
8 | Acquired through a private placement transaction exempt from registration under the Securities Act of 1933. May be subject to legal or contractual restrictions on resale. Further details on these holdings appear below. |
9 | Amount less than one thousand. |
10 | Rate represents the seven-day yield at 9/30/2021. |
11 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
12 | Security purchased with cash collateral from securities on loan. |
13 | Represents net activity. |
14 | Dividend income is included with securities lending income and is not shown in this table. |
Private placement securities | Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets |
Baring Vostok Capital Fund IV Supplemental Fund, LP | 10/8/2007-8/29/2019 | $27,019 | $5,317 | .24% |
Baring Vostok Private Equity Fund IV, LP | 4/25/2007-12/28/2020 | 12,444 | 4,275 | .20 |
Total private placement securities | $ 39,463 | $ 9,592 | .44% |
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 & loans; convertible securities | Standard inputs and underlying equity of the issuer |
Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Common stocks: | ||||
Asia-Pacific | $356,534 | $1,178,207 | $— | $1,534,741 |
Eastern Europe and Middle East | 57,360 | 157,794 | 9,592 | 224,746 |
Latin America | 193,379 | — | — | 193,379 |
Other markets | 26,058 | 28,958 | 4,045 | 59,061 |
Africa | — | 53,088 | — | 53,088 |
Preferred securities | 10,664 | 38,366 | — | 49,030 |
Rights & warrants | — | 4,300 | — | 4,300 |
Short-term securities | 89,575 | — | — | 89,575 |
Total | $733,570 | $1,460,713 | $13,637 | $2,207,920 |
Key to abbreviations |
ADR = American Depositary Receipts |
GDR = Global Depositary Receipts |
MFGEFP1-015-1121O-S85391 | Emerging Markets Growth Fund — Page 9 of 9 |