# EDGAR Filing Document

**Accession Number:** 0000826813
**File Stem:** 0001193125-25-260224
**Filing Date:** 2025-10
**Character Count:** 560265
**Document Hash:** 9f6e99767c7b6abb093bbd5aa7a6e2ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-260224.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0001193125-25-260224

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 82

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251031

**EFFECTIVENESS DATE**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INTERMEDIATE BOND FUND OF AMERICA
- **CENTRAL INDEX KEY:** 0000826813

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05446
- **FILM NUMBER:** 251439124

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S HOPE ST - 55TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 213-486-9200

**MAIL ADDRESS:**
- **STREET 1:** 333 S HOPE ST - 55TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

## Series and Classes Contracts Data

### INTERMEDIATE BOND FUND OF AMERICA (Series ID: S000009236)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000025146 | Class A       | AIBAX           |
| C000025147 | Class R-1     | RBOAX           |
| C000025148 | Class R-2     | RBOBX           |
| C000025149 | Class R-3     | RBOCX           |
| C000025150 | Class R-4     | RBOEX           |
| C000025151 | Class R-5     | RBOFX           |
| C000025153 | Class C       | IBFCX           |
| C000025154 | Class F-1     | IBFFX           |
| C000025155 | Class 529-A   | CBOAX           |
| C000025157 | Class 529-C   | CBOCX           |
| C000025158 | Class 529-E   | CBOEX           |
| C000025159 | Class 529-F-1 | CBOFX           |
| C000068597 | Class F-2     | IBAFX           |
| C000077900 | Class R-6     | RBOGX           |
| C000148469 | Class R-2E    | REBBX           |
| C000164803 | Class R-5E    | RBOHX           |
| C000179993 | Class F-3     | IFBFX           |
| C000189436 | Class 529-T   | TIIBX           |
| C000189437 | Class T       | TIBBX           |
| C000224561 | Class 529-F-2 | FFOOX           |
| C000224562 | Class 529-F-3 | FIFBX           |

?xml version='1.0' encoding='ASCII'? 92ef32ef-b15f-4ea3-bc62-cff9cb0830ad

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

#### FORM N-CSR

------

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

#### Investment Company Act file number

#### 811-05446

#### Intermediate Bond Fund of America
(Exact name of registrant as specified in charter)

------

333 South Hope Street, 55th Floor

Los Angeles, California 90071

(Address of principal executive offices)

Becky L. Park

6455 Irvine Center Drive

Irvine, California 92618

(Name and address of agent for service)

#### Registrant's telephone number, including area code:
&nbsp;&nbsp;&nbsp;&nbsp;(949) 975-5000

#### Date of fiscal year end:

#### August 31

#### Date of reporting period:

#### August 31, 2025
ITEM 1 - Reports to Stockholders

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class A \| AIBAX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-A. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class A | &nbsp;&nbsp;$66 | 0.65% |

---

#### Management's discussion of fund performance
The fund's Class A shares gained 4.52% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-A.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447398.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class A (with sales charge)\* | 1.95% | 0.32% | 1.55% |
| Intermediate Bond Fund of America — Class A (without sales charge)\* | 4.52% | 0.82% | 1.81% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class A](images_2188.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFAAARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class C \| IBFCX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-C. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class C | &nbsp;&nbsp;$138 | 1.35% |

---

#### Management's discussion of fund performance
The fund's Class C shares gained 3.88% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-C.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447442.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class C (with sales charge)\* | 2.88% | 0.13% | 1.21% |
| Intermediate Bond Fund of America — Class C (without sales charge)\* | 3.88% | 0.13% | 1.21% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class C](images_2187.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFCCARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class T \| TIBBX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class T | &nbsp;&nbsp;$36 | 0.35% |

---

#### Management's discussion of fund performance
The fund's Class T shares gained 4.92% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447266.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Intermediate Bond Fund of America — Class T (with sales charge)2 | 2.34% | 0.63% | 1.94% |
| Intermediate Bond Fund of America — Class T (without sales charge)2 | 4.92% | 1.14% | 2.25% |
| Bloomberg U.S. Aggregate Index3 | 3.14% | (0.68)% | 1.69% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index3 | 4.48% | 0.72% | 1.99% |

---

<sup>1</sup> Class T shares were first offered on April 7, 2017.

<sup>2</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>3</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds (Mutual Funds)](images_2189.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFTTARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class F-1 \| IBFFX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-F1. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class F-1 | &nbsp;&nbsp;$69 | 0.67% |

---

#### Management's discussion of fund performance
The fund's Class F-1 shares gained 4.50% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-F1.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447486.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class F-1\* | 4.50% | 0.81% | 1.78% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class F1](images_2186.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFF1ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class F-2 \| IBAFX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-F2. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class F-2 | &nbsp;&nbsp;$37 | 0.36% |

---

#### Management's discussion of fund performance
The fund's Class F-2 shares gained 4.83% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-F2.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447530.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class F-2\* | 4.83% | 1.11% | 2.07% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class F2](images_2185.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFF2ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class F-3 \| IFBFX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-F3. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class F-3 | &nbsp;&nbsp;$25 | 0.24% |

---

#### Management's discussion of fund performance
The fund's Class F-3 shares gained 5.03% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-F3.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447178.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Intermediate Bond Fund of America — Class F-32 | 5.03% | 1.24% | 2.35% |
| Bloomberg U.S. Aggregate Index3 | 3.14% | (0.68)% | 1.76% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index3 | 4.48% | 0.72% | 2.00% |

---

<sup>1</sup> Class F-3 shares were first offered on January 27, 2017.

<sup>2</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>3</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class F3](images_2184.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFF3ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class 529-A \| CBOAX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-529A. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-A | &nbsp;&nbsp;$65 | 0.64% |

---

#### Management's discussion of fund performance
The fund's Class 529-A shares gained 4.54% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-529A.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447574.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class 529-A (with sales charge)\* | 1.96% | 0.32% | 1.52% |
| Intermediate Bond Fund of America — Class 529-A (without sales charge)\* | 4.54% | 0.82% | 1.78% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class 529A](images_2175.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5AARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class 529-C \| CBOCX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-529C. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-C | &nbsp;&nbsp;$143 | 1.40% |

---

#### Management's discussion of fund performance
The fund's Class 529-C shares gained 3.83% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-529C.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447618.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class 529-C (with sales charge)\* | 2.83% | 0.07% | 1.40% |
| Intermediate Bond Fund of America — Class 529-C (without sales charge)\* | 3.83% | 0.07% | 1.40% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class 529C](images_2174.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5CARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class 529-E \| CBOEX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-529E. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-E | &nbsp;&nbsp;$85 | 0.83% |

---

#### Management's discussion of fund performance
The fund's Class 529-E shares gained 4.34% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-529E.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447706.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class 529-E\* | 4.34% | 0.63% | 1.58% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class 529E](images_2173.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5EARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class 529-T \| TIIBX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-T | &nbsp;&nbsp;$41 | 0.40% |

---

#### Management's discussion of fund performance
The fund's Class 529-T shares gained 4.86% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447222.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Intermediate Bond Fund of America — Class 529-T (with sales charge)2 | 2.28% | 0.55% | 1.88% |
| Intermediate Bond Fund of America — Class 529-T (without sales charge)2 | 4.86% | 1.06% | 2.18% |
| Bloomberg U.S. Aggregate Index3 | 3.14% | (0.68)% | 1.69% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index3 | 4.48% | 0.72% | 1.99% |

---

<sup>1</sup> Class 529-T shares were first offered on April 7, 2017.

<sup>2</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>3</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds (Mutual Funds)](images_2189.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5TARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class 529-F-1 \| CBOFX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-529F1. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-F-1 | &nbsp;&nbsp;$48 | 0.47% |

---

#### Management's discussion of fund performance
The fund's Class 529-F-1 shares gained 4.79% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-529F1.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447662.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class 529-F-1\* | 4.79% | 1.00% | 1.99% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class 529F1](images_2172.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5FARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class 529-F-2 \| FFOOX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-529F2. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-F-2 | &nbsp;&nbsp;$35 | 0.34% |

---

#### Management's discussion of fund performance
The fund's Class 529-F-2 shares gained 4.93% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-529F2.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447310.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Intermediate Bond Fund of America — Class 529-F-22 | 4.93% | 1.18% |
| Bloomberg U.S. Aggregate Index3 | 3.14% | (0.60)% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index3 | 4.48% | 0.78% |

---

<sup>1</sup> Class 529-F-2 shares were first offered on October 30, 2020.

<sup>2</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>3</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class 529F2](images_2171.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5XARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class 529-F-3 \| FIFBX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-529F3. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-F-3 | &nbsp;&nbsp;$31 | 0.30% |

---

#### Management's discussion of fund performance
The fund's Class 529-F-3 shares gained 4.88% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-529F3.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447354.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Intermediate Bond Fund of America — Class 529-F-32 | 4.88% | 1.20% |
| Bloomberg U.S. Aggregate Index3 | 3.14% | (0.60)% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index3 | 4.48% | 0.78% |

---

<sup>1</sup> Class 529-F-3 shares were first offered on October 30, 2020.

<sup>2</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>3</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class 529F3](images_2170.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5YARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-1 \| RBOAX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R1. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-1 | &nbsp;&nbsp;$134 | 1.31% |

---

#### Management's discussion of fund performance
The fund's Class R-1 shares gained 3.92% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R1.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1446826.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class R-1\* | 3.92% | 0.15% | 1.08% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R1](images_2183.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR1ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-2 \| RBOBX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R2. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-2 | &nbsp;&nbsp;$134 | 1.31% |

---

#### Management's discussion of fund performance
The fund's Class R-2 shares gained 3.93% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R2.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1446870.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class R-2\* | 3.93% | 0.16% | 1.09% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R2](images_2182.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR2ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-2E \| REBBX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R2E. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-2E | &nbsp;&nbsp;$104 | 1.02% |

---

#### Management's discussion of fund performance
The fund's Class R-2E shares gained 4.22% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R2E.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447090.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class R-2E\* | 4.22% | 0.44% | 1.39% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R2E](images_2180.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF2EARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-3 \| RBOCX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R3. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-3 | &nbsp;&nbsp;$91 | 0.89% |

---

#### Management's discussion of fund performance
The fund's Class R-3 shares gained 4.28% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R3.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1446914.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class R-3\* | 4.28% | 0.57% | 1.53% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R3](images_2181.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR3ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-4 \| RBOEX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R4. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-4 | &nbsp;&nbsp;$60 | 0.59% |

---

#### Management's discussion of fund performance
The fund's Class R-4 shares gained 4.58% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R4.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1446958.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class R-4\* | 4.58% | 0.87% | 1.83% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R4](images_2179.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR4ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-5E \| RBOHX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R5E. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-5E | &nbsp;&nbsp;$41 | 0.40% |

---

#### Management's discussion of fund performance
The fund's Class R-5E shares gained 4.79% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R5E.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447134.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Intermediate Bond Fund of America — Class R-5E2 | 4.79% | 1.07% | 2.08% |
| Bloomberg U.S. Aggregate Index3 | 3.14% | (0.68)% | 1.81% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index3 | 4.48% | 0.72% | 1.92% |

---

<sup>1</sup> Class R-5E shares were first offered on November 20, 2015.

<sup>2</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>3</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R5E](images_2177.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFE5ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-5 \| RBOFX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R5. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-5 | &nbsp;&nbsp;$31 | 0.30% |

---

#### Management's discussion of fund performance
The fund's Class R-5 shares gained 4.97% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R5.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447002.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class R-5\* | 4.97% | 1.18% | 2.14% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R5](images_2178.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR5ARX-023-1025© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2165.jpg)

ANNUAL SHAREHOLDER REPORT

## Intermediate Bond Fund of America <sup>®</sup>
**Class R-6 \| RBOGX** for the year ended August 31, 2025

This annual shareholder report contains important information about Intermediate Bond Fund of America (the "fund") for the period from September 1, 2024 to August 31, 2025. You can find additional information about the fund at

capitalgroup.com/mutual-fund-literature-R6. You can also request this information by contacting us at (800) 421-4225.

**What were the fund costs for the last year?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-6 | &nbsp;&nbsp;$25 | 0.24% |

---

#### Management's discussion of fund performance
The fund's Class R-6 shares gained 4.95% for the year ended August 31, 2025. That result compares with a 4.48% gain for the Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/mutual-fund-returns-R6.

#### What factors influenced results
During the fund's fiscal year, the U.S. fixed income market had positive returns despite interest rate volatility. Treasury yields remained near decade highs amid growing federal budget deficits and shifting U.S. Federal Reserve expectations. Over the past year, U.S. Treasury yields were lowest around the first rate cut in September 2024, peaked in winter then remained in a narrow range amid inflation concerns and global trade uncertainty. The spread between 2- and 10-year Treasury yields gradually increased from nearly flat at the start of the period to 60 basis points positive. Nongovernment bonds delivered solid returns, supported by strong issuance and investor demand.

Within the fund, securitized bonds were particularly additive to relative results due to both a larger allocation than the benchmark and security selection. Duration positioning was also strongly positive for relative results, and U.S. Treasuries added as well.

On the other hand, curve positioning had a negative impact on relative results as the positive impact from curve positioning was not enough to offset the cost of maintaining the position. The fund held less investment-grade (BBB/Baa and above) corporate bonds than the benchmark, which had a negative impact on relative results given their strong returns.

#### How a hypothetical $10,000 investment has grown
Figures assume reinvestment of dividends and capital gains.

![Fund Performance - Growth of 10K](chartimages_1447046.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| Intermediate Bond Fund of America — Class R-6\* | 4.95% | 1.22% | 2.19% |
| Bloomberg U.S. Aggregate Index† | 3.14% | (0.68)% | 1.80% |
| Bloomberg 75% Government Credit 1-7 Years 25% Securitized Index† | 4.48% | 0.72% | 1.92% |

---

<sup>\*</sup> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

<sup>†</sup> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): Bloomberg Index Services Ltd.

**The fund's past performance is not a predictor of its future performance.** The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $26899 |
| Total number of portfolio holdings | 2732 |
| Total advisory fees paid (in millions) | $53 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 236% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 89% |

---

**Portfolio holdings by asset type** (percent of net assets)

<sup>\*</sup>Less than 0.01%.

<sup>†</sup>Includes derivatives.

#### Changes in and disagreements with accountants
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

Availability of additional information

![TSR - QR Code - American Funds_Class R6](images_2176.jpg)

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

#### Important information
To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR6ARX-023-1025© 2025 Capital Group. All rights reserved.

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#### ITEM 2 - Code of Ethics
The Registrant has adopted a Code of Ethics, as of the end of the period covered by this report, applicable to the registrant's principal executive officer, principal financial officer and principal accounting officer, or persons performing similar functions. A copy of the code of ethics is available without charge at https://www.capitalgroup.com/individual/pdf/shareholder/cg_code_of_ethics.pdf.

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#### ITEM 3 - Audit Committee Financial Expert
The Registrant's board has determined that Paul S. Williams, a member of the Registrant's audit committee, is an "audit committee financial expert" and "independent," as such terms are defined in this Item. This designation will not increase the designee's duties, obligations or liability as compared to his or her duties, obligations and liability as a member of the audit committee and of the board, nor will it reduce the responsibility of the other audit committee members. There may be other individuals who, through education or experience, would qualify as "audit committee financial experts" if the board had designated them as such. Most importantly, the board believes each member of the audit committee contributes significantly to the effective oversight of the Registrant's financial statements and condition.

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#### ITEM 4 - Principal Accountant Fees and Services

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---

| | | | | |
|:---|:---|:---|:---|:---|
| **Registrant<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Audit Fees | &nbsp;&nbsp;&nbsp;&nbsp;(b) Audit-Related Fees | (c) Tax Fees | &nbsp;&nbsp;&nbsp;&nbsp;(d) All Other Fees |
| **August 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176000 | &nbsp;&nbsp;2000 | &nbsp;&nbsp;10000 |  |
| **August 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324000 | &nbsp;&nbsp;4000 | &nbsp;&nbsp;9000 |  |
| **Adviser and Affiliates<sup>2</sup>** |  |  |  |  |
| **August 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;1614000 | &nbsp;&nbsp;4000 |  |
| **August 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;2489000 |  | &nbsp;&nbsp;&nbsp;&nbsp;11000 |

---

---

| | |
|:---|:---|
| **Registrant, Adviser and Affiliates<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Aggregate |
| **Registrant, Adviser and Affiliates<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**non-audit fees** |
| **August 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1630000 |
| **August 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2514000 |

---

<sup>1</sup>The audit fees represents fees billed for professional services rendered for the audit and review of the Registrant's annual financial statements. The audit-related fees represents fees billed for assurance and related services that are reasonably related to the performance of the audit or review of the Registrant's financial statements, but not reported under "audit fees". The tax fees consist of professional services relating to the preparation of the Registrant's tax returns. The other fees represents fees, if any, billed for other products and services rendered by the principal accountant to the Registrant other than those reported under the "audit fees", "audit-related fees", and "tax fees".

<sup>2</sup>This includes only fees for non-audit services billed to the adviser and affiliates for engagements that relate directly to the operations and financial reporting of the Registrant and were subject to the pre-approval policies described below. The audit-related fees consist of assurance and related services relating to the examination of the Registrant's transfer agent, principal underwriter and investment adviser conducted in accordance with Statement on Standards for Attestation Engagements Number 18 issued by the American Institute of Certified Public Accountants. The tax fees consist of consulting services relating to the Registrant's investments. The other fees consist of subscription services related to an accounting research tool.

<sup>3</sup>Aggregate non-audit fees paid to the Registrant's auditors, including fees for all services billed to the Registrant, adviser and affiliates that provide ongoing services to the Registrant. The non-audit services represented by these amounts were brought to the attention of the committee and considered to be compatible with maintaining the auditors' independence.

**(e1)(e2)(h)** All audit and permissible non-audit services that the Registrant's audit committee considers compatible with maintaining the independent registered public accounting firm's independence are required to be pre-approved by the committee. The pre-approval requirement will extend to all non-audit services provided to the Registrant, the investment adviser, and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant, if the engagement relates directly to the operations and financial reporting of the Registrant. The committee will not delegate its responsibility to pre-approve these services to the investment adviser. The committee may delegate to one or more committee members the authority to review and pre-approve audit and permissible non-audit services. Actions taken under any such delegation will be reported to the full committee at its next meeting. The pre-approval requirement is waived with respect to non-audit services if certain conditions are met. The pre- approval requirement was not waived for any of the non-audit services listed above provided to the Registrant, adviser and affiliates.

**(f)**Not applicable.

**(i)**Not applicable.

**(j)**Not applicable.

------

#### ITEM 5 - Audit Committee of Listed Registrants
Not applicable to this Registrant, insofar as the Registrant is not a listed issuer as defined in Rule 10A-3 under the Securities Exchange Act of 1934.

------

#### ITEM 6 - Investments
The schedule of investments is included as part of the material filed under Item 7 of this Form.

------

#### ITEM 7 - Financial Statements and Financial Highlights for Open-End Management Investment Companies

------

![](imgf7cad2361.jpg)

**Intermediate Bond Fund of America**<sup>®</sup>

Financial Statements and Other Information

N-CSR Items 7-11

for the year ended August 31, 2025

Lit. No. MFGEFP4-023-1025© 2025 Capital Group. All rights reserved.

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Investment portfolio August 31, 2025

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 93.27% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations 36.90%** | **Mortgage-backed obligations 36.90%** | **Mortgage-backed obligations 36.90%** |
| **Federal agency mortgage-backed obligations 27.65%** | **Federal agency mortgage-backed obligations 27.65%** | **Federal agency mortgage-backed obligations 27.65%** |
| Fannie Mae Pool #AB4213 3.00% 1/1/2027 <sup>(a)</sup>  | USD94 | $93 |
| Fannie Mae Pool #AJ9184 3.50% 1/1/2027 <sup>(a)</sup>  | 287 | 284 |
| Fannie Mae Pool #AB4920 3.00% 4/1/2027 <sup>(a)</sup>  | 1199 | 1186 |
| Fannie Mae Pool #MA2973 3.00% 4/1/2027 <sup>(a)</sup>  | — <br><sup>(b)</sup><br>| — <br><sup>(b)</sup><br>|
| Fannie Mae Pool #AX3593 3.00% 6/1/2027 <sup>(a)</sup>  | 484 | 479 |
| Fannie Mae Pool #AO7778 3.00% 7/1/2027 <sup>(a)</sup>  | 160 | 158 |
| Fannie Mae Pool #310129 3.50% 7/1/2027 <sup>(a)</sup>  | 604 | 600 |
| Fannie Mae Pool #AB7551 3.00% 1/1/2028 <sup>(a)</sup>  | 69 | 68 |
| Fannie Mae Pool #AR9883 3.00% 4/1/2028 <sup>(a)</sup>  | 33 | 33 |
| Fannie Mae Pool #AT0321 3.50% 4/1/2028 <sup>(a)</sup>  | 87 | 86 |
| Fannie Mae Pool #AT4968 3.00% 5/1/2028 <sup>(a)</sup>  | 126 | 123 |
| Fannie Mae Pool #AB9654 3.00% 6/1/2028 <sup>(a)</sup>  | 1164 | 1147 |
| Fannie Mae Pool #AB9935 3.00% 7/1/2028 <sup>(a)</sup>  | 1154 | 1137 |
| Fannie Mae Pool #AS0192 3.00% 8/1/2028 <sup>(a)</sup>  | 1782 | 1755 |
| Fannie Mae Pool #AS0113 3.50% 8/1/2028 <sup>(a)</sup>  | 794 | 785 |
| Fannie Mae Pool #AU6794 3.00% 9/1/2028 <sup>(a)</sup>  | 4 | 4 |
| Fannie Mae Pool #AU6682 3.00% 9/1/2028 <sup>(a)</sup>  | 1 | 1 |
| Fannie Mae Pool #AU6684 3.50% 9/1/2028 <sup>(a)</sup>  | 2700 | 2674 |
| Fannie Mae Pool #AS0503 3.50% 9/1/2028 <sup>(a)</sup>  | 2140 | 2120 |
| Fannie Mae Pool #AU8095 3.50% 9/1/2028 <sup>(a)</sup>  | 260 | 256 |
| Fannie Mae Pool #AS0756 3.00% 10/1/2028 <sup>(a)</sup>  | 1814 | 1785 |
| Fannie Mae Pool #AU7549 3.50% 10/1/2028 <sup>(a)</sup>  | 888 | 877 |
| Fannie Mae Pool #AS1063 3.00% 11/1/2028 <sup>(a)</sup>  | 2841 | 2795 |
| Fannie Mae Pool #AS1071 3.50% 11/1/2028 <sup>(a)</sup>  | 1376 | 1364 |
| Fannie Mae Pool #AS0904 3.50% 11/1/2028 <sup>(a)</sup>  | 1373 | 1361 |
| Fannie Mae Pool #AS0905 3.50% 11/1/2028 <sup>(a)</sup>  | 1285 | 1274 |
| Fannie Mae Pool #AV0637 3.50% 11/1/2028 <sup>(a)</sup>  | 121 | 120 |
| Fannie Mae Pool #AS1296 3.00% 12/1/2028 <sup>(a)</sup>  | 2137 | 2101 |
| Fannie Mae Pool #AV4997 3.50% 1/1/2029 <sup>(a)</sup>  | 1534 | 1519 |
| Fannie Mae Pool #AL4843 3.50% 2/1/2029 <sup>(a)</sup>  | 1777 | 1761 |
| Fannie Mae Pool #AS1641 3.50% 2/1/2029 <sup>(a)</sup>  | 1237 | 1225 |
| Fannie Mae Pool #AS1639 3.50% 2/1/2029 <sup>(a)</sup>  | 681 | 672 |
| Fannie Mae Pool #AW1249 3.00% 5/1/2029 <sup>(a)</sup>  | 225 | 220 |
| Fannie Mae Pool #AL5688 3.50% 8/1/2029 <sup>(a)</sup>  | 2612 | 2588 |
| Fannie Mae Pool #AX1256 3.50% 8/1/2029 <sup>(a)</sup>  | 242 | 239 |
| Fannie Mae Pool #AX1293 3.50% 9/1/2029 <sup>(a)</sup>  | 996 | 985 |
| Fannie Mae Pool #AL6368 3.00% 10/1/2029 <sup>(a)</sup>  | 745 | 730 |
| Fannie Mae Pool #AL6140 3.50% 12/1/2029 <sup>(a)</sup>  | 4024 | 3980 |
| Fannie Mae Pool #AY1948 3.50% 1/1/2030 <sup>(a)</sup>  | 41 | 41 |
| Fannie Mae Pool #AY2719 3.00% 2/1/2030 <sup>(a)</sup>  | 69 | 68 |
| Fannie Mae Pool #AZ3371 3.50% 7/1/2030 <sup>(a)</sup>  | 2167 | 2146 |
| Fannie Mae Pool #AL7141 3.50% 7/1/2030 <sup>(a)</sup>  | 671 | 662 |
| Fannie Mae Pool #AZ0554 3.50% 10/1/2030 <sup>(a)</sup>  | 62 | 61 |
| Fannie Mae Pool #BM3501 3.00% 4/1/2032 <sup>(a)</sup>  | 70 | 69 |
| Fannie Mae Pool #BJ9182 3.00% 5/1/2033 <sup>(a)</sup>  | 679 | 662 |
| Fannie Mae Pool #BN3184 3.00% 6/1/2033 <sup>(a)</sup>  | 139 | 135 |
| Fannie Mae Pool #BJ6880 3.00% 6/1/2033 <sup>(a)</sup>  | 18 | 17 |
| Fannie Mae Pool #695412 5.00% 6/1/2033 <sup>(a)</sup>  | 2 | 2 |
| Fannie Mae Pool #MA3463 4.00% 9/1/2033 <sup>(a)</sup>  | 5588 | 5592 |
| Fannie Mae Pool #BN1087 4.00% 1/1/2034 <sup>(a)</sup>  | 6 | 6 |
| Fannie Mae Pool #BK0499 3.00% 12/1/2034 <sup>(a)</sup>  | 56 | 53 |
| Fannie Mae Pool #FM2499 2.50% 2/1/2035 <sup>(a)</sup>  | 3436 | 3259 |
| Fannie Mae Pool #AD3566 5.00% 10/1/2035 <sup>(a)</sup>  | 19 | 19 |
| Fannie Mae Pool #CB3701 2.50% 5/1/2037 <sup>(a)</sup>  | 3247 | 3048 |
| Fannie Mae Pool #MA4628 2.50% 6/1/2037 <sup>(a)</sup>  | 4807 | 4513 |
| Fannie Mae Pool #MA4665 2.50% 7/1/2037 <sup>(a)</sup>  | 952 | 894 |
| Fannie Mae Pool #MA4773 2.50% 10/1/2037 <sup>(a)</sup>  | 427 | 400 |
| Fannie Mae Pool #888698 7.00% 10/1/2037 <sup>(a)</sup>  | 15 | 16 |
| Fannie Mae Pool #931768 5.00% 8/1/2039 <sup>(a)</sup>  | 30 | 30 |
| Fannie Mae Pool #MA5477 6.00% 9/1/2039 <sup>(a)</sup>  | 5432 | 5611 |
| Fannie Mae Pool #DC3296 6.00% 9/1/2039 <sup>(a)</sup>  | 856 | 884 |
| Fannie Mae Pool #DC3299 6.00% 9/1/2039 <sup>(a)</sup>  | 803 | 831 |

---

Intermediate Bond Fund of America<sub>1</sub>

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Fannie Mae Pool #AC0794 5.00% 10/1/2039 <sup>(a)</sup>  | USD133 | $136 |
| Fannie Mae Pool #DC9687 6.00% 12/1/2039 <sup>(a)</sup>  | 1915 | 1986 |
| Fannie Mae Pool #DC9688 6.00% 12/1/2039 <sup>(a)</sup>  | 1097 | 1134 |
| Fannie Mae Pool #DC9263 6.00% 12/1/2039 <sup>(a)</sup>  | 233 | 242 |
| Fannie Mae Pool #DC9689 6.00% 1/1/2040 <sup>(a)</sup>  | 2139 | 2222 |
| Fannie Mae Pool #DD0877 6.00% 1/1/2040 <sup>(a)</sup>  | 1810 | 1870 |
| Fannie Mae Pool #DD0876 6.00% 1/1/2040 <sup>(a)</sup>  | 1268 | 1315 |
| Fannie Mae Pool #932606 5.00% 2/1/2040 <sup>(a)</sup>  | 47 | 48 |
| Fannie Mae Pool #CC0032 6.00% 2/1/2040 <sup>(a)</sup>  | 173 | 179 |
| Fannie Mae Pool #MA5632 6.00% 2/1/2040 <sup>(a)</sup>  | 53 | 54 |
| Fannie Mae Pool #FA0743 6.00% 3/1/2040 <sup>(a)</sup>  | 11186 | 11554 |
| Fannie Mae Pool #MA5662 6.00% 3/1/2040 <sup>(a)</sup>  | 3003 | 3102 |
| Fannie Mae Pool #AB1084 5.50% 5/1/2040 <sup>(a)</sup>  | 92 | 95 |
| Fannie Mae Pool #MA5773 6.00% 7/1/2040 <sup>(a)</sup>  | 26 | 27 |
| Fannie Mae Pool #MA4093 2.00% 8/1/2040 <sup>(a)</sup>  | 2190 | 1906 |
| Fannie Mae Pool #MA4152 2.00% 10/1/2040 <sup>(a)</sup>  | 2476 | 2172 |
| Fannie Mae Pool #MA4333 2.00% 5/1/2041 <sup>(a)</sup>  | 23364 | 20090 |
| Fannie Mae Pool #AE1248 5.00% 6/1/2041 <sup>(a)</sup>  | 208 | 212 |
| Fannie Mae Pool #FM7690 2.00% 7/1/2041 <sup>(a)</sup>  | 11025 | 9480 |
| Fannie Mae Pool #MA4387 2.00% 7/1/2041 <sup>(a)</sup>  | 9029 | 7763 |
| Fannie Mae Pool #BT5941 2.00% 7/1/2041 <sup>(a)</sup>  | 4317 | 3712 |
| Fannie Mae Pool #MA4407 2.00% 8/1/2041 <sup>(a)</sup>  | 83103 | 71456 |
| Fannie Mae Pool #FM8120 2.00% 8/1/2041 <sup>(a)</sup>  | 7529 | 6474 |
| Fannie Mae Pool #AJ1873 4.00% 10/1/2041 <sup>(a)</sup>  | 143 | 139 |
| Fannie Mae Pool #AE1277 5.00% 11/1/2041 <sup>(a)</sup>  | 89 | 90 |
| Fannie Mae Pool #MA4501 2.00% 12/1/2041 <sup>(a)</sup>  | 19720 | 16825 |
| Fannie Mae Pool #AE1283 5.00% 12/1/2041 <sup>(a)</sup>  | 55 | 56 |
| Fannie Mae Pool #FS0305 1.50% 1/1/2042 <sup>(a)</sup>  | 33746 | 28017 |
| Fannie Mae Pool #MA4540 2.00% 2/1/2042 <sup>(a)</sup>  | 4058 | 3489 |
| Fannie Mae Pool #AE1290 5.00% 2/1/2042 <sup>(a)</sup>  | 121 | 123 |
| Fannie Mae Pool #MA4586 2.00% 4/1/2042 <sup>(a)</sup>  | 1532 | 1316 |
| Fannie Mae Pool #AR1512 3.50% 1/1/2043 <sup>(a)</sup>  | 294 | 276 |
| Fannie Mae Pool #AT0412 3.50% 3/1/2043 <sup>(a)</sup>  | 136 | 127 |
| Fannie Mae Pool #AT0300 3.50% 3/1/2043 <sup>(a)</sup>  | 39 | 37 |
| Fannie Mae Pool #AT3954 3.50% 4/1/2043 <sup>(a)</sup>  | 56 | 52 |
| Fannie Mae Pool #AL3829 3.50% 6/1/2043 <sup>(a)</sup>  | 1252 | 1179 |
| Fannie Mae Pool #AT7161 3.50% 6/1/2043 <sup>(a)</sup>  | 410 | 385 |
| Fannie Mae Pool #AY1829 3.50% 12/1/2044 <sup>(a)</sup>  | 65 | 61 |
| Fannie Mae Pool #AX8521 3.50% 12/1/2044 <sup>(a)</sup>  | 41 | 38 |
| Fannie Mae Pool #BE5009 3.50% 1/1/2045 <sup>(a)</sup>  | 84 | 79 |
| Fannie Mae Pool #BE5017 3.50% 2/1/2045 <sup>(a)</sup>  | 738 | 688 |
| Fannie Mae Pool #FM9416 3.50% 7/1/2045 <sup>(a)</sup>  | 27478 | 25606 |
| Fannie Mae Pool #AS8310 3.00% 11/1/2046 <sup>(a)</sup>  | 996 | 896 |
| Fannie Mae Pool #AS8583 3.50% 1/1/2047 <sup>(a)</sup>  | 10020 | 9257 |
| Fannie Mae Pool #BM1179 3.00% 4/1/2047 <sup>(a)</sup>  | 1258 | 1131 |
| Fannie Mae Pool #BE8740 3.50% 5/1/2047 <sup>(a)</sup>  | 629 | 582 |
| Fannie Mae Pool #BE8742 3.50% 5/1/2047 <sup>(a)</sup>  | 175 | 162 |
| Fannie Mae Pool #BH2846 3.50% 5/1/2047 <sup>(a)</sup>  | 88 | 81 |
| Fannie Mae Pool #BH2848 3.50% 5/1/2047 <sup>(a)</sup>  | 80 | 75 |
| Fannie Mae Pool #BH2847 3.50% 5/1/2047 <sup>(a)</sup>  | 23 | 21 |
| Fannie Mae Pool #BH3122 4.00% 6/1/2047 <sup>(a)</sup>  | 36 | 34 |
| Fannie Mae Pool #BJ5015 4.00% 12/1/2047 <sup>(a)</sup>  | 786 | 749 |
| Fannie Mae Pool #BM3788 3.50% 3/1/2048 <sup>(a)</sup>  | 16607 | 15361 |
| Fannie Mae Pool #BJ4901 3.50% 3/1/2048 <sup>(a)</sup>  | 462 | 427 |
| Fannie Mae Pool #BK5232 4.00% 5/1/2048 <sup>(a)</sup>  | 460 | 438 |
| Fannie Mae Pool #BK6840 4.00% 6/1/2048 <sup>(a)</sup>  | 615 | 587 |
| Fannie Mae Pool #BK9743 4.00% 8/1/2048 <sup>(a)</sup>  | 182 | 173 |
| Fannie Mae Pool #BK9761 4.50% 8/1/2048 <sup>(a)</sup>  | 98 | 97 |
| Fannie Mae Pool #BF0320 5.50% 1/1/2049 <sup>(a)</sup>  | 1785 | 1851 |
| Fannie Mae Pool #FM3280 3.50% 5/1/2049 <sup>(a)</sup>  | 7088 | 6610 |
| Fannie Mae Pool #FM1062 3.50% 6/1/2049 <sup>(a)</sup>  | 4738 | 4392 |
| Fannie Mae Pool #BJ8411 3.50% 8/1/2049 <sup>(a)</sup>  | 1226 | 1134 |
| Fannie Mae Pool #CA4151 3.50% 9/1/2049 <sup>(a)</sup>  | 6259 | 5803 |
| Fannie Mae Pool #FM1443 3.50% 9/1/2049 <sup>(a)</sup>  | 3478 | 3217 |
| Fannie Mae Pool #CA5333 3.00% 3/1/2050 <sup>(a)</sup>  | 35815 | 31757 |
| Fannie Mae Pool #CA5338 3.00% 3/1/2050 <sup>(a)</sup>  | 11567 | 10078 |

---

---

| | |
|:---|:---|
| **2** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Fannie Mae Pool #CA5731 3.00% 5/1/2050 <sup>(a)</sup>  | USD24,514 | $21512 |
| Fannie Mae Pool #CA5968 2.50% 6/1/2050 <sup>(a)</sup>  | 3523 | 2985 |
| Fannie Mae Pool #BP5576 2.50% 6/1/2050 <sup>(a)</sup>  | 524 | 436 |
| Fannie Mae Pool #CA6349 3.00% 7/1/2050 <sup>(a)</sup>  | 151 | 131 |
| Fannie Mae Pool #CA6593 2.50% 8/1/2050 <sup>(a)</sup>  | 9730 | 8248 |
| Fannie Mae Pool #CA6740 3.00% 8/1/2050 <sup>(a)</sup>  | 75 | 65 |
| Fannie Mae Pool #CA7021 2.00% 9/1/2050 <sup>(a)</sup>  | 2120 | 1693 |
| Fannie Mae Pool #CA7052 3.00% 9/1/2050 <sup>(a)</sup>  | 269 | 236 |
| Fannie Mae Pool #BQ3114 2.00% 10/1/2050 <sup>(a)</sup>  | 46 | 37 |
| Fannie Mae Pool #CA7381 3.00% 10/1/2050 <sup>(a)</sup>  | 123 | 107 |
| Fannie Mae Pool #CA7737 2.50% 11/1/2050 <sup>(a)</sup>  | 8229 | 6934 |
| Fannie Mae Pool #CA7599 2.50% 11/1/2050 <sup>(a)</sup>  | 5010 | 4255 |
| Fannie Mae Pool #FM4969 2.00% 12/1/2050 <sup>(a)</sup>  | 4255 | 3436 |
| Fannie Mae Pool #MA4208 2.00% 12/1/2050 <sup>(a)</sup>  | 1626 | 1305 |
| Fannie Mae Pool #CA8046 3.00% 12/1/2050 <sup>(a)</sup>  | 4701 | 4191 |
| Fannie Mae Pool #FM5166 3.00% 12/1/2050 <sup>(a)</sup>  | 80 | 70 |
| Fannie Mae Pool #FS9792 4.50% 12/1/2050 <sup>(a)</sup>  | 543 | 532 |
| Fannie Mae Pool #MA4237 2.00% 1/1/2051 <sup>(a)</sup>  | 5546 | 4450 |
| Fannie Mae Pool #CA8513 2.50% 1/1/2051 <sup>(a)</sup>  | 409 | 341 |
| Fannie Mae Pool #FM6293 3.00% 1/1/2051 <sup>(a)</sup>  | 44 | 38 |
| Fannie Mae Pool #FM6332 2.00% 2/1/2051 <sup>(a)</sup>  | 160 | 127 |
| Fannie Mae Pool #CA8828 2.50% 2/1/2051 <sup>(a)</sup>  | 15756 | 13314 |
| Fannie Mae Pool #BR4075 2.00% 3/1/2051 <sup>(a)</sup>  | 13899 | 11214 |
| Fannie Mae Pool #FM6556 2.00% 3/1/2051 <sup>(a)</sup>  | 2495 | 1984 |
| Fannie Mae Pool #BR4694 2.00% 3/1/2051 <sup>(a)</sup>  | 49 | 39 |
| Fannie Mae Pool #FM6764 2.50% 3/1/2051 <sup>(a)</sup>  | 4 | 3 |
| Fannie Mae Pool #BR3771 2.00% 4/1/2051 <sup>(a)</sup>  | 12434 | 9914 |
| Fannie Mae Pool #CB0290 2.00% 4/1/2051 <sup>(a)</sup>  | 5313 | 4257 |
| Fannie Mae Pool #MA4305 2.00% 4/1/2051 <sup>(a)</sup>  | 77 | 61 |
| Fannie Mae Pool #CB0041 3.00% 4/1/2051 <sup>(a)</sup>  | 19125 | 16984 |
| Fannie Mae Pool #CB0191 3.00% 4/1/2051 <sup>(a)</sup>  | 1248 | 1092 |
| Fannie Mae Pool #CB0193 3.00% 4/1/2051 <sup>(a)</sup>  | 152 | 133 |
| Fannie Mae Pool #CB0449 2.00% 5/1/2051 <sup>(a)</sup>  | 35797 | 28639 |
| Fannie Mae Pool #FM7411 2.00% 5/1/2051 <sup>(a)</sup>  | 1996 | 1587 |
| Fannie Mae Pool #CB0457 2.50% 5/1/2051 <sup>(a)</sup>  | 3191 | 2678 |
| Fannie Mae Pool #FM8114 2.00% 6/1/2051 <sup>(a)</sup>  | 4309 | 3426 |
| Fannie Mae Pool #BQ7411 2.00% 6/1/2051 <sup>(a)</sup>  | 2336 | 1870 |
| Fannie Mae Pool #CB0844 2.50% 6/1/2051 <sup>(a)</sup>  | 820 | 681 |
| Fannie Mae Pool #FM7909 3.00% 6/1/2051 <sup>(a)</sup>  | 113 | 99 |
| Fannie Mae Pool #CB1186 2.00% 7/1/2051 <sup>(a)</sup>  | 3851 | 3081 |
| Fannie Mae Pool #MA4378 2.00% 7/1/2051 <sup>(a)</sup>  | 152 | 122 |
| Fannie Mae Pool #FM7900 2.50% 7/1/2051 <sup>(a)</sup>  | 1285 | 1088 |
| Fannie Mae Pool #BQ0991 2.50% 7/1/2051 <sup>(a)</sup>  | 616 | 512 |
| Fannie Mae Pool #FM9530 2.50% 7/1/2051 <sup>(a)</sup>  | 573 | 476 |
| Fannie Mae Pool #FM7886 2.50% 7/1/2051 <sup>(a)</sup>  | 144 | 121 |
| Fannie Mae Pool #FM8315 2.50% 7/1/2051 <sup>(a)</sup>  | 36 | 30 |
| Fannie Mae Pool #CB1373 2.00% 8/1/2051 <sup>(a)</sup>  | 1122 | 892 |
| Fannie Mae Pool #FM8320 2.50% 8/1/2051 <sup>(a)</sup>  | 240 | 200 |
| Fannie Mae Pool #BR2258 2.50% 8/1/2051 <sup>(a)</sup>  | 146 | 122 |
| Fannie Mae Pool #CB1621 2.00% 9/1/2051 <sup>(a)</sup>  | 12142 | 9654 |
| Fannie Mae Pool #BQ6558 2.50% 9/1/2051 <sup>(a)</sup>  | 1734 | 1441 |
| Fannie Mae Pool #BT4725 2.50% 9/1/2051 <sup>(a)</sup>  | 854 | 710 |
| Fannie Mae Pool #FM8980 2.50% 9/1/2051 <sup>(a)</sup>  | 788 | 657 |
| Fannie Mae Pool #CB1793 2.50% 10/1/2051 <sup>(a)</sup>  | 704 | 585 |
| Fannie Mae Pool #MA4465 2.00% 11/1/2051 <sup>(a)</sup>  | 5172 | 4135 |
| Fannie Mae Pool #BU6503 2.00% 11/1/2051 <sup>(a)</sup>  | 528 | 422 |
| Fannie Mae Pool #FS0965 2.00% 11/1/2051 <sup>(a)</sup>  | 349 | 279 |
| Fannie Mae Pool #FM9492 2.50% 11/1/2051 <sup>(a)</sup>  | 7649 | 6481 |
| Fannie Mae Pool #FM9694 2.50% 11/1/2051 <sup>(a)</sup>  | 3601 | 3063 |
| Fannie Mae Pool #FM9481 2.50% 11/1/2051 <sup>(a)</sup>  | 997 | 829 |
| Fannie Mae Pool #CB2049 2.50% 11/1/2051 <sup>(a)</sup>  | 120 | 100 |
| Fannie Mae Pool #FM9632 3.00% 11/1/2051 <sup>(a)</sup>  | 8430 | 7406 |
| Fannie Mae Pool #FM9631 3.00% 11/1/2051 <sup>(a)</sup>  | 3663 | 3227 |
| Fannie Mae Pool #CB2292 3.00% 11/1/2051 <sup>(a)</sup>  | 1045 | 922 |
| Fannie Mae Pool #BQ6858 2.00% 12/1/2051 <sup>(a)</sup>  | 5159 | 4102 |
| Fannie Mae Pool #MA4492 2.00% 12/1/2051 <sup>(a)</sup>  | 1604 | 1282 |

---

Intermediate Bond Fund of America<sub>3</sub>

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Fannie Mae Pool #CB3000 2.00% 12/1/2051 <sup>(a)</sup>  | USD955 | $762 |
| Fannie Mae Pool #FS0433 2.50% 12/1/2051 <sup>(a)</sup>  | 23058 | 19731 |
| Fannie Mae Pool #CB2286 2.50% 12/1/2051 <sup>(a)</sup>  | 13586 | 11468 |
| Fannie Mae Pool #CB2319 2.50% 12/1/2051 <sup>(a)</sup>  | 12362 | 10456 |
| Fannie Mae Pool #CB2375 2.50% 12/1/2051 <sup>(a)</sup>  | 12300 | 10388 |
| Fannie Mae Pool #CB2372 2.50% 12/1/2051 <sup>(a)</sup>  | 5930 | 5009 |
| Fannie Mae Pool #BT9510 2.50% 12/1/2051 <sup>(a)</sup>  | 4642 | 3933 |
| Fannie Mae Pool #BT9483 2.50% 12/1/2051 <sup>(a)</sup>  | 4635 | 3921 |
| Fannie Mae Pool #FM9804 2.50% 12/1/2051 <sup>(a)</sup>  | 3933 | 3339 |
| Fannie Mae Pool #BU3058 2.50% 12/1/2051 <sup>(a)</sup>  | 998 | 829 |
| Fannie Mae Pool #BU7607 2.50% 12/1/2051 <sup>(a)</sup>  | 355 | 295 |
| Fannie Mae Pool #FM9921 3.00% 12/1/2051 <sup>(a)</sup>  | 8149 | 7068 |
| Fannie Mae Pool #FM9976 3.00% 12/1/2051 <sup>(a)</sup>  | 5339 | 4736 |
| Fannie Mae Pool #CB2293 3.00% 12/1/2051 <sup>(a)</sup>  | 1083 | 954 |
| Fannie Mae Pool #FM9906 3.00% 12/1/2051 <sup>(a)</sup>  | 34 | 29 |
| Fannie Mae Pool #BU7233 2.00% 1/1/2052 <sup>(a)</sup>  | 5849 | 4651 |
| Fannie Mae Pool #FS0490 2.00% 1/1/2052 <sup>(a)</sup>  | 3792 | 3015 |
| Fannie Mae Pool #BQ7006 2.00% 1/1/2052 <sup>(a)</sup>  | 1582 | 1260 |
| Fannie Mae Pool #CB2644 2.50% 1/1/2052 <sup>(a)</sup>  | 2525 | 2099 |
| Fannie Mae Pool #CB2555 2.50% 1/1/2052 <sup>(a)</sup>  | 516 | 429 |
| Fannie Mae Pool #BU9638 2.50% 1/1/2052 <sup>(a)</sup>  | 226 | 189 |
| Fannie Mae Pool #FS3549 2.50% 1/1/2052 <sup>(a)</sup>  | 125 | 104 |
| Fannie Mae Pool #CB2544 3.00% 1/1/2052 <sup>(a)</sup>  | 11132 | 9774 |
| Fannie Mae Pool #BV3076 2.00% 2/1/2052 <sup>(a)</sup>  | 15879 | 12661 |
| Fannie Mae Pool #BV3080 2.00% 2/1/2052 <sup>(a)</sup>  | 12129 | 9674 |
| Fannie Mae Pool #CB2765 2.00% 2/1/2052 <sup>(a)</sup>  | 5461 | 4376 |
| Fannie Mae Pool #MA4547 2.00% 2/1/2052 <sup>(a)</sup>  | 3293 | 2623 |
| Fannie Mae Pool #BV3083 2.00% 2/1/2052 <sup>(a)</sup>  | 806 | 642 |
| Fannie Mae Pool #CB2849 2.00% 2/1/2052 <sup>(a)</sup>  | 37 | 29 |
| Fannie Mae Pool #FS0523 2.50% 2/1/2052 <sup>(a)</sup>  | 1458 | 1229 |
| Fannie Mae Pool #FS0647 3.00% 2/1/2052 <sup>(a)</sup>  | 433 | 382 |
| Fannie Mae Pool #BV3101 2.00% 3/1/2052 <sup>(a)</sup>  | 2082 | 1658 |
| Fannie Mae Pool #FS1742 2.00% 3/1/2052 <sup>(a)</sup>  | 2026 | 1619 |
| Fannie Mae Pool #MA4562 2.00% 3/1/2052 <sup>(a)</sup>  | 1654 | 1321 |
| Fannie Mae Pool #CB3040 2.00% 3/1/2052 <sup>(a)</sup>  | 858 | 685 |
| Fannie Mae Pool #BV4172 2.00% 3/1/2052 <sup>(a)</sup>  | 855 | 681 |
| Fannie Mae Pool #BT2298 2.00% 3/1/2052 <sup>(a)</sup>  | 164 | 131 |
| Fannie Mae Pool #BT2296 2.00% 3/1/2052 <sup>(a)</sup>  | 31 | 25 |
| Fannie Mae Pool #BT8111 2.50% 3/1/2052 <sup>(a)</sup>  | 745 | 621 |
| Fannie Mae Pool #FS5083 3.00% 3/1/2052 <sup>(a)</sup>  | 1156 | 1009 |
| Fannie Mae Pool #MA4577 2.00% 4/1/2052 <sup>(a)</sup>  | 7506 | 5992 |
| Fannie Mae Pool #FS7498 2.00% 4/1/2052 <sup>(a)</sup>  | 2732 | 2181 |
| Fannie Mae Pool #FS1598 2.00% 4/1/2052 <sup>(a)</sup>  | 1331 | 1062 |
| Fannie Mae Pool #BW3272 2.00% 4/1/2052 <sup>(a)</sup>  | 643 | 513 |
| Fannie Mae Pool #BV3847 2.50% 4/1/2052 <sup>(a)</sup>  | 662 | 553 |
| Fannie Mae Pool #BV8156 2.50% 4/1/2052 <sup>(a)</sup>  | 164 | 137 |
| Fannie Mae Pool #BV6617 3.50% 4/1/2052 <sup>(a)</sup>  | 2368 | 2142 |
| Fannie Mae Pool #BV6683 3.50% 4/1/2052 <sup>(a)</sup>  | 181 | 164 |
| Fannie Mae Pool #BV7064 3.50% 4/1/2052 <sup>(a)</sup>  | 100 | 91 |
| Fannie Mae Pool #CB3379 4.00% 4/1/2052 <sup>(a)</sup>  | 609 | 570 |
| Fannie Mae Pool #FS9189 2.00% 5/1/2052 <sup>(a)</sup>  | 1801 | 1440 |
| Fannie Mae Pool #BW0160 2.50% 5/1/2052 <sup>(a)</sup>  | 685 | 573 |
| Fannie Mae Pool #BV5578 3.00% 5/1/2052 <sup>(a)</sup>  | 882 | 767 |
| Fannie Mae Pool #BW2934 2.50% 6/1/2052 <sup>(a)</sup>  | 809 | 675 |
| Fannie Mae Pool #BU8730 2.50% 6/1/2052 <sup>(a)</sup>  | 111 | 92 |
| Fannie Mae Pool #BW2170 2.50% 6/1/2052 <sup>(a)</sup>  | 71 | 60 |
| Fannie Mae Pool #FS6120 3.00% 6/1/2052 <sup>(a)</sup>  | 3332 | 2894 |
| Fannie Mae Pool #FS2676 3.00% 6/1/2052 <sup>(a)</sup>  | 796 | 693 |
| Fannie Mae Pool #FS6943 3.00% 6/1/2052 <sup>(a)</sup>  | 709 | 616 |
| Fannie Mae Pool #MA4626 4.00% 6/1/2052 <sup>(a)</sup>  | 1475 | 1380 |
| Fannie Mae Pool #CB4021 4.00% 6/1/2052 <sup>(a)</sup>  | 1273 | 1192 |
| Fannie Mae Pool #BT8263 4.50% 6/1/2052 <sup>(a)</sup>  | 49 | 47 |
| Fannie Mae Pool #FS7879 2.50% 7/1/2052 <sup>(a)</sup>  | 1038 | 863 |
| Fannie Mae Pool #FS6631 2.50% 7/1/2052 <sup>(a)</sup>  | 758 | 632 |
| Fannie Mae Pool #FS5294 2.50% 7/1/2052 <sup>(a)</sup>  | 116 | 97 |
| Fannie Mae Pool #FS2654 4.00% 8/1/2052 <sup>(a)</sup>  | 2983 | 2791 |

---

---

| | |
|:---|:---|
| **4** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Fannie Mae Pool #BW9206 5.50% 8/1/2052 <sup>(a)</sup>  | USD566 | $585 |
| Fannie Mae Pool #CB4421 5.50% 8/1/2052 <sup>(a)</sup>  | 233 | 237 |
| Fannie Mae Pool #FS6599 3.50% 9/1/2052 <sup>(a)</sup>  | 90 | 82 |
| Fannie Mae Pool #MA4732 4.00% 9/1/2052 <sup>(a)</sup>  | 32338 | 30251 |
| Fannie Mae Pool #BV0952 4.50% 9/1/2052 <sup>(a)</sup>  | 810 | 782 |
| Fannie Mae Pool #BW1192 4.50% 9/1/2052 <sup>(a)</sup>  | 675 | 651 |
| Fannie Mae Pool #FS3056 2.00% 10/1/2052 <sup>(a)</sup>  | 7670 | 6113 |
| Fannie Mae Pool #BW7750 4.00% 10/1/2052 <sup>(a)</sup>  | 441 | 412 |
| Fannie Mae Pool #CB4852 4.50% 10/1/2052 <sup>(a)</sup>  | 7994 | 7717 |
| Fannie Mae Pool #BW1215 4.50% 10/1/2052 <sup>(a)</sup>  | 2074 | 2002 |
| Fannie Mae Pool #BW1289 5.50% 10/1/2052 <sup>(a)</sup>  | 6651 | 6723 |
| Fannie Mae Pool #BW1243 5.50% 10/1/2052 <sup>(a)</sup>  | 6055 | 6122 |
| Fannie Mae Pool #FS5554 4.50% 11/1/2052 <sup>(a)</sup>  | 3202 | 3092 |
| Fannie Mae Pool #MA4805 4.50% 11/1/2052 <sup>(a)</sup>  | 1134 | 1095 |
| Fannie Mae Pool #BX3101 5.50% 11/1/2052 <sup>(a)</sup>  | 159 | 160 |
| Fannie Mae Pool #BW1417 2.50% 12/1/2052 <sup>(a)</sup>  | 515 | 429 |
| Fannie Mae Pool #MA4842 5.50% 12/1/2052 <sup>(a)</sup>  | 14954 | 15133 |
| Fannie Mae Pool #FS4947 4.00% 1/1/2053 <sup>(a)</sup>  | 32279 | 30196 |
| Fannie Mae Pool #BW5062 4.00% 1/1/2053 <sup>(a)</sup>  | 84 | 78 |
| Fannie Mae Pool #FS5520 4.50% 1/1/2053 <sup>(a)</sup>  | 4418 | 4265 |
| Fannie Mae Pool #BX6633 5.50% 1/1/2053 <sup>(a)</sup>  | 1847 | 1864 |
| Fannie Mae Pool #BX5592 5.50% 1/1/2053 <sup>(a)</sup>  | 846 | 855 |
| Fannie Mae Pool #BX0856 5.50% 1/1/2053 <sup>(a)</sup>  | 21 | 22 |
| Fannie Mae Pool #MA4894 6.00% 1/1/2053 <sup>(a)</sup>  | 6612 | 6781 |
| Fannie Mae Pool #BX5040 6.00% 1/1/2053 <sup>(a)</sup>  | 274 | 282 |
| Fannie Mae Pool #CB5545 6.50% 1/1/2053 <sup>(a)</sup>  | 1979 | 2075 |
| Fannie Mae Pool #MA4916 4.00% 2/1/2053 <sup>(a)</sup>  | 456 | 426 |
| Fannie Mae Pool #MA4919 5.50% 2/1/2053 <sup>(a)</sup>  | 14248 | 14399 |
| Fannie Mae Pool #BX7551 5.50% 2/1/2053 <sup>(a)</sup>  | 1545 | 1560 |
| Fannie Mae Pool #BW5000 4.00% 3/1/2053 <sup>(a)</sup>  | 243 | 228 |
| Fannie Mae Pool #FS4191 5.50% 3/1/2053 <sup>(a)</sup>  | 4392 | 4453 |
| Fannie Mae Pool #BX7779 5.50% 3/1/2053 <sup>(a)</sup>  | 1582 | 1598 |
| Fannie Mae Pool #BX9111 5.50% 3/1/2053 <sup>(a)</sup>  | 1308 | 1320 |
| Fannie Mae Pool #BX7555 5.50% 3/1/2053 <sup>(a)</sup>  | 1138 | 1150 |
| Fannie Mae Pool #FS4152 5.50% 3/1/2053 <sup>(a)</sup>  | 964 | 975 |
| Fannie Mae Pool #MA4979 5.50% 4/1/2053 <sup>(a)</sup>  | 26260 | 26535 |
| Fannie Mae Pool #BX9999 5.50% 4/1/2053 <sup>(a)</sup>  | 2443 | 2475 |
| Fannie Mae Pool #BY3206 5.50% 4/1/2053 <sup>(a)</sup>  | 2045 | 2061 |
| Fannie Mae Pool #BY0130 5.50% 4/1/2053 <sup>(a)</sup>  | 1863 | 1884 |
| Fannie Mae Pool #BY0003 5.50% 4/1/2053 <sup>(a)</sup>  | 1551 | 1567 |
| Fannie Mae Pool #BY0007 5.50% 4/1/2053 <sup>(a)</sup>  | 1527 | 1542 |
| Fannie Mae Pool #BX8883 5.50% 4/1/2053 <sup>(a)</sup>  | 1251 | 1261 |
| Fannie Mae Pool #MA4980 6.00% 4/1/2053 <sup>(a)</sup>  | 2990 | 3072 |
| Fannie Mae Pool #CB6597 6.00% 4/1/2053 <sup>(a)</sup>  | 254 | 261 |
| Fannie Mae Pool #CB6106 6.50% 4/1/2053 <sup>(a)</sup>  | 4400 | 4620 |
| Fannie Mae Pool #FS9677 2.50% 5/1/2053 <sup>(a)</sup>  | 145 | 121 |
| Fannie Mae Pool #BW9710 3.00% 5/1/2053 <sup>(a)</sup>  | 2721 | 2360 |
| Fannie Mae Pool #MA5027 4.00% 5/1/2053 <sup>(a)</sup>  | 1505 | 1408 |
| Fannie Mae Pool #FS4563 5.00% 5/1/2053 <sup>(a)</sup>  | 7933 | 7887 |
| Fannie Mae Pool #MA5010 5.50% 5/1/2053 <sup>(a)</sup>  | 17595 | 17792 |
| Fannie Mae Pool #BY2505 5.50% 5/1/2053 <sup>(a)</sup>  | 2238 | 2258 |
| Fannie Mae Pool #BY3207 5.50% 5/1/2053 <sup>(a)</sup>  | 1720 | 1743 |
| Fannie Mae Pool #BY1592 5.50% 5/1/2053 <sup>(a)</sup>  | 1536 | 1551 |
| Fannie Mae Pool #BY3208 5.50% 5/1/2053 <sup>(a)</sup>  | 1208 | 1219 |
| Fannie Mae Pool #BY0091 5.50% 5/1/2053 <sup>(a)</sup>  | 942 | 951 |
| Fannie Mae Pool #FS4840 5.50% 5/1/2053 <sup>(a)</sup>  | 437 | 441 |
| Fannie Mae Pool #MA5011 6.00% 5/1/2053 <sup>(a)</sup>  | 46993 | 48291 |
| Fannie Mae Pool #BY1721 6.00% 5/1/2053 <sup>(a)</sup>  | 4934 | 5091 |
| Fannie Mae Pool #BY2260 6.00% 5/1/2053 <sup>(a)</sup>  | 657 | 672 |
| Fannie Mae Pool #FS4736 6.50% 5/1/2053 <sup>(a)</sup>  | 3980 | 4137 |
| Fannie Mae Pool #MA5037 4.50% 6/1/2053 <sup>(a)</sup>  | 5749 | 5537 |
| Fannie Mae Pool #CB6471 4.50% 6/1/2053 <sup>(a)</sup>  | 934 | 900 |
| Fannie Mae Pool #MA5039 5.50% 6/1/2053 <sup>(a)</sup>  | 47488 | 47911 |
| Fannie Mae Pool #FS5192 5.50% 6/1/2053 <sup>(a)</sup>  | 22200 | 22434 |
| Fannie Mae Pool #BY3337 5.50% 6/1/2053 <sup>(a)</sup>  | 1068 | 1082 |
| Fannie Mae Pool #BY5242 5.50% 6/1/2053 <sup>(a)</sup>  | 42 | 43 |

---

Intermediate Bond Fund of America<sub>5</sub>

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Fannie Mae Pool #MA5040 6.00% 6/1/2053 <sup>(a)</sup>  | USD73,873 | $75798 |
| Fannie Mae Pool #CB6485 6.00% 6/1/2053 <sup>(a)</sup>  | 25684 | 26301 |
| Fannie Mae Pool #CB6486 6.00% 6/1/2053 <sup>(a)</sup>  | 16046 | 16481 |
| Fannie Mae Pool #CB6465 6.00% 6/1/2053 <sup>(a)</sup>  | 11787 | 12158 |
| Fannie Mae Pool #FS4775 6.00% 6/1/2053 <sup>(a)</sup>  | 6273 | 6435 |
| Fannie Mae Pool #BW5303 6.00% 6/1/2053 <sup>(a)</sup>  | 271 | 277 |
| Fannie Mae Pool #CB6491 6.50% 6/1/2053 <sup>(a)</sup>  | 16128 | 16867 |
| Fannie Mae Pool #CB6490 6.50% 6/1/2053 <sup>(a)</sup>  | 5891 | 6129 |
| Fannie Mae Pool #CB6468 6.50% 6/1/2053 <sup>(a)</sup>  | 4310 | 4505 |
| Fannie Mae Pool #FS7823 2.00% 7/1/2053 <sup>(a)</sup>  | 8313 | 6639 |
| Fannie Mae Pool #MA5089 4.00% 7/1/2053 <sup>(a)</sup>  | 3277 | 3063 |
| Fannie Mae Pool #BW9646 4.00% 7/1/2053 <sup>(a)</sup>  | 587 | 548 |
| Fannie Mae Pool #MA5070 4.50% 7/1/2053 <sup>(a)</sup>  | 27549 | 26567 |
| Fannie Mae Pool #MA5072 5.50% 7/1/2053 <sup>(a)</sup>  | 62328 | 62873 |
| Fannie Mae Pool #FS5517 6.00% 7/1/2053 <sup>(a)</sup>  | 2623 | 2706 |
| Fannie Mae Pool #MA5105 4.50% 8/1/2053 <sup>(a)</sup>  | 7992 | 7705 |
| Fannie Mae Pool #MA5108 6.00% 8/1/2053 <sup>(a)</sup>  | 151522 | 155142 |
| Fannie Mae Pool #CB7104 5.50% 9/1/2053 <sup>(a)</sup>  | 97 | 98 |
| Fannie Mae Pool #CB7122 6.00% 9/1/2053 <sup>(a)</sup>  | 33526 | 34382 |
| Fannie Mae Pool #MA5177 4.00% 10/1/2053 <sup>(a)</sup>  | 1730 | 1617 |
| Fannie Mae Pool #MA5165 5.50% 10/1/2053 <sup>(a)</sup>  | 248 | 251 |
| Fannie Mae Pool #FS6163 6.00% 10/1/2053 <sup>(a)</sup>  | 28963 | 29873 |
| Fannie Mae Pool #MA5166 6.00% 10/1/2053 <sup>(a)</sup>  | 15220 | 15604 |
| Fannie Mae Pool #CB7341 6.00% 10/1/2053 <sup>(a)</sup>  | 3620 | 3729 |
| Fannie Mae Pool #MA5207 4.00% 11/1/2053 <sup>(a)</sup>  | 842 | 787 |
| Fannie Mae Pool #MA5190 5.50% 11/1/2053 <sup>(a)</sup>  | 3395 | 3422 |
| Fannie Mae Pool #FS6838 5.50% 11/1/2053 <sup>(a)</sup>  | 2260 | 2282 |
| Fannie Mae Pool #CB7438 6.00% 11/1/2053 <sup>(a)</sup>  | 35942 | 36865 |
| Fannie Mae Pool #CB7480 6.00% 11/1/2053 <sup>(a)</sup>  | 25225 | 25873 |
| Fannie Mae Pool #MA5191 6.00% 11/1/2053 <sup>(a)</sup>  | 18085 | 18561 |
| Fannie Mae Pool #CB7510 6.50% 11/1/2053 <sup>(a)</sup>  | 16558 | 17278 |
| Fannie Mae Pool #MA5192 6.50% 11/1/2053 <sup>(a)</sup>  | 4854 | 5033 |
| Fannie Mae Pool #CB7426 6.50% 11/1/2053 <sup>(a)</sup>  | 3477 | 3622 |
| Fannie Mae Pool #MA5236 4.00% 12/1/2053 <sup>(a)</sup>  | 359 | 335 |
| Fannie Mae Pool #MA5215 5.50% 12/1/2053 <sup>(a)</sup>  | 2433 | 2455 |
| Fannie Mae Pool #CB7617 6.00% 12/1/2053 <sup>(a)</sup>  | 131595 | 134860 |
| Fannie Mae Pool #MA5216 6.00% 12/1/2053 <sup>(a)</sup>  | 23086 | 23692 |
| Fannie Mae Pool #CB7626 6.50% 12/1/2053 <sup>(a)</sup>  | 1282 | 1338 |
| Fannie Mae Pool #CB7923 4.00% 1/1/2054 <sup>(a)</sup>  | 103 | 96 |
| Fannie Mae Pool #CB7862 6.00% 1/1/2054 <sup>(a)</sup>  | 32608 | 33428 |
| Fannie Mae Pool #MA5247 6.00% 1/1/2054 <sup>(a)</sup>  | 8457 | 8652 |
| Fannie Mae Pool #FS6873 6.50% 1/1/2054 <sup>(a)</sup>  | 37154 | 38563 |
| Fannie Mae Pool #FS6767 6.50% 1/1/2054 <sup>(a)</sup>  | 7375 | 7700 |
| Fannie Mae Pool #FS6763 6.50% 1/1/2054 <sup>(a)</sup>  | 1053 | 1100 |
| Fannie Mae Pool #DA5799 7.00% 1/1/2054 <sup>(a)</sup>  | 1418 | 1492 |
| Fannie Mae Pool #FS9507 4.50% 2/1/2054 <sup>(a)</sup>  | 28784 | 27770 |
| Fannie Mae Pool #MA5271 5.50% 2/1/2054 <sup>(a)</sup>  | 628 | 633 |
| Fannie Mae Pool #FS6809 5.50% 2/1/2054 <sup>(a)</sup>  | 117 | 118 |
| Fannie Mae Pool #CB7932 6.00% 2/1/2054 <sup>(a)</sup>  | 19624 | 20111 |
| Fannie Mae Pool #CB7933 6.50% 2/1/2054 <sup>(a)</sup>  | 13942 | 14469 |
| Fannie Mae Pool #FS7162 6.50% 2/1/2054 <sup>(a)</sup>  | 2563 | 2674 |
| Fannie Mae Pool #MA5320 4.00% 3/1/2054 <sup>(a)</sup>  | 2723 | 2544 |
| Fannie Mae Pool #DA7881 5.50% 3/1/2054 <sup>(a)</sup>  | 5696 | 5739 |
| Fannie Mae Pool #CB8151 5.50% 3/1/2054 <sup>(a)</sup>  | 5548 | 5591 |
| Fannie Mae Pool #MA5296 5.50% 3/1/2054 <sup>(a)</sup>  | 4504 | 4539 |
| Fannie Mae Pool #CB8148 5.50% 3/1/2054 <sup>(a)</sup>  | 2484 | 2512 |
| Fannie Mae Pool #CB8143 5.50% 3/1/2054 <sup>(a)</sup>  | 1268 | 1281 |
| Fannie Mae Pool #CB8153 6.00% 3/1/2054 <sup>(a)</sup>  | 21171 | 21842 |
| Fannie Mae Pool #CB8163 6.00% 3/1/2054 <sup>(a)</sup>  | 9666 | 9970 |
| Fannie Mae Pool #CB8168 6.00% 3/1/2054 <sup>(a)</sup>  | 375 | 384 |
| Fannie Mae Pool #BY7514 6.00% 3/1/2054 <sup>(a)</sup>  | 66 | 68 |
| Fannie Mae Pool #FS7653 6.50% 3/1/2054 <sup>(a)</sup>  | 3383 | 3536 |
| Fannie Mae Pool #CB8337 5.50% 4/1/2054 <sup>(a)</sup>  | 7180 | 7237 |
| Fannie Mae Pool #CB8328 5.50% 4/1/2054 <sup>(a)</sup>  | 5366 | 5440 |
| Fannie Mae Pool #BU4479 5.50% 4/1/2054 <sup>(a)</sup>  | 2702 | 2727 |
| Fannie Mae Pool #CB8387 6.50% 4/1/2054 <sup>(a)</sup>  | 2413 | 2528 |

---

---

| | |
|:---|:---|
| **6** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Fannie Mae Pool #DB2704 6.50% 4/1/2054 <sup>(a)</sup>  | USD368 | $386 |
| Fannie Mae Pool #DB3612 5.50% 5/1/2054 <sup>(a)</sup>  | 399 | 402 |
| Fannie Mae Pool #DB4021 6.50% 5/1/2054 <sup>(a)</sup>  | 68 | 71 |
| Fannie Mae Pool #MA5388 5.50% 6/1/2054 <sup>(a)</sup>  | 15092 | 15206 |
| Fannie Mae Pool #CB8755 6.00% 6/1/2054 <sup>(a)</sup>  | 4659 | 4802 |
| Fannie Mae Pool #FS8153 6.00% 6/1/2054 <sup>(a)</sup>  | 4247 | 4375 |
| Fannie Mae Pool #DB6878 6.00% 6/1/2054 <sup>(a)</sup>  | 964 | 986 |
| Fannie Mae Pool #FS8223 6.00% 6/1/2054 <sup>(a)</sup>  | 597 | 611 |
| Fannie Mae Pool #FS8219 6.00% 6/1/2054 <sup>(a)</sup>  | 541 | 558 |
| Fannie Mae Pool #CB8725 6.50% 6/1/2054 <sup>(a)</sup>  | 3642 | 3792 |
| Fannie Mae Pool #DB5480 6.50% 6/1/2054 <sup>(a)</sup>  | 1026 | 1066 |
| Fannie Mae Pool #DB6174 6.50% 6/1/2054 <sup>(a)</sup>  | 44 | 45 |
| Fannie Mae Pool #BU4699 5.50% 7/1/2054 <sup>(a)</sup>  | 5607 | 5662 |
| Fannie Mae Pool #DB5213 5.50% 7/1/2054 <sup>(a)</sup>  | 2785 | 2804 |
| Fannie Mae Pool #CB8842 5.50% 7/1/2054 <sup>(a)</sup>  | 2134 | 2155 |
| Fannie Mae Pool #FS8467 5.50% 7/1/2054 <sup>(a)</sup>  | 274 | 278 |
| Fannie Mae Pool #MA5421 6.00% 7/1/2054 <sup>(a)</sup>  | 14924 | 15257 |
| Fannie Mae Pool #BU4791 6.00% 7/1/2054 <sup>(a)</sup>  | 5066 | 5184 |
| Fannie Mae Pool #BU4700 6.00% 7/1/2054 <sup>(a)</sup>  | 2947 | 3025 |
| Fannie Mae Pool #DB6901 6.00% 7/1/2054 <sup>(a)</sup>  | 604 | 618 |
| Fannie Mae Pool #DB7039 6.00% 7/1/2054 <sup>(a)</sup>  | 443 | 455 |
| Fannie Mae Pool #FS8619 6.50% 7/1/2054 <sup>(a)</sup>  | 21948 | 22915 |
| Fannie Mae Pool #CB8872 6.50% 7/1/2054 <sup>(a)</sup>  | 5641 | 5889 |
| Fannie Mae Pool #FS8607 6.50% 7/1/2054 <sup>(a)</sup>  | 2113 | 2206 |
| Fannie Mae Pool #CB8876 6.50% 7/1/2054 <sup>(a)</sup>  | 1682 | 1754 |
| Fannie Mae Pool #FS8786 6.50% 7/1/2054 <sup>(a)</sup>  | 1397 | 1452 |
| Fannie Mae Pool #FS8317 6.50% 7/1/2054 <sup>(a)</sup>  | 635 | 663 |
| Fannie Mae Pool #DB6947 6.50% 7/1/2054 <sup>(a)</sup>  | 556 | 579 |
| Fannie Mae Pool #CB8977 5.00% 8/1/2054 <sup>(a)</sup>  | 301 | 298 |
| Fannie Mae Pool #DB7783 5.50% 8/1/2054 <sup>(a)</sup>  | 25 | 26 |
| Fannie Mae Pool #MA5445 6.00% 8/1/2054 <sup>(a)</sup>  | 12414 | 12692 |
| Fannie Mae Pool #FS8757 6.00% 8/1/2054 <sup>(a)</sup>  | 3987 | 4103 |
| Fannie Mae Pool #FS8795 6.00% 8/1/2054 <sup>(a)</sup>  | 2668 | 2728 |
| Fannie Mae Pool #FS8758 6.00% 8/1/2054 <sup>(a)</sup>  | 2255 | 2310 |
| Fannie Mae Pool #BU4916 6.00% 8/1/2054 <sup>(a)</sup>  | 1947 | 1994 |
| Fannie Mae Pool #FS8756 6.00% 8/1/2054 <sup>(a)</sup>  | 1595 | 1641 |
| Fannie Mae Pool #FS8792 6.00% 8/1/2054 <sup>(a)</sup>  | 1205 | 1232 |
| Fannie Mae Pool #BU4968 6.00% 8/1/2054 <sup>(a)</sup>  | 1146 | 1172 |
| Fannie Mae Pool #DB2541 6.00% 8/1/2054 <sup>(a)</sup>  | 601 | 614 |
| Fannie Mae Pool #DB7687 6.00% 8/1/2054 <sup>(a)</sup>  | 229 | 236 |
| Fannie Mae Pool #DB7690 6.00% 8/1/2054 <sup>(a)</sup>  | 193 | 199 |
| Fannie Mae Pool #DC0296 6.00% 8/1/2054 <sup>(a)</sup>  | 180 | 185 |
| Fannie Mae Pool #CB9071 6.50% 8/1/2054 <sup>(a)</sup>  | 5978 | 6249 |
| Fannie Mae Pool #FS8762 6.50% 8/1/2054 <sup>(a)</sup>  | 5712 | 5958 |
| Fannie Mae Pool #FS8783 6.50% 8/1/2054 <sup>(a)</sup>  | 458 | 478 |
| Fannie Mae Pool #DB1919 7.00% 8/1/2054 <sup>(a)</sup>  | 177 | 187 |
| Fannie Mae Pool #FS9025 5.50% 9/1/2054 <sup>(a)</sup>  | 20209 | 20473 |
| Fannie Mae Pool #CB9210 5.50% 9/1/2054 <sup>(a)</sup>  | 4147 | 4176 |
| Fannie Mae Pool #MA5470 5.50% 9/1/2054 <sup>(a)</sup>  | 3315 | 3340 |
| Fannie Mae Pool #CB9146 5.50% 9/1/2054 <sup>(a)</sup>  | 2399 | 2422 |
| Fannie Mae Pool #BU4946 5.50% 9/1/2054 <sup>(a)</sup>  | 1020 | 1028 |
| Fannie Mae Pool #DC3465 6.00% 9/1/2054 <sup>(a)</sup>  | 12877 | 13167 |
| Fannie Mae Pool #FS8866 6.00% 9/1/2054 <sup>(a)</sup>  | 4172 | 4287 |
| Fannie Mae Pool #DC3457 6.00% 9/1/2054 <sup>(a)</sup>  | 940 | 961 |
| Fannie Mae Pool #DC1873 6.00% 9/1/2054 <sup>(a)</sup>  | 102 | 104 |
| Fannie Mae Pool #DC3262 6.00% 9/1/2054 <sup>(a)</sup>  | 9 | 10 |
| Fannie Mae Pool #DC3459 6.00% 9/1/2054 <sup>(a)</sup>  | 6 | 6 |
| Fannie Mae Pool #DC1349 6.50% 9/1/2054 <sup>(a)</sup>  | 68 | 71 |
| Fannie Mae Pool #DC3877 6.00% 10/1/2054 <sup>(a)</sup>  | 10989 | 11240 |
| Fannie Mae Pool #MA5498 6.00% 10/1/2054 <sup>(a)</sup>  | 4786 | 4894 |
| Fannie Mae Pool #FS9374 6.50% 10/1/2054 <sup>(a)</sup>  | 27318 | 28456 |
| Fannie Mae Pool #FS9566 6.50% 10/1/2054 <sup>(a)</sup>  | 18731 | 19604 |
| Fannie Mae Pool #DC4927 6.50% 10/1/2054 <sup>(a)</sup>  | 906 | 939 |
| Fannie Mae Pool #BU5049 6.50% 10/1/2054 <sup>(a)</sup>  | 771 | 809 |
| Fannie Mae Pool #MA5530 5.00% 11/1/2054 <sup>(a)</sup>  | 6627 | 6541 |
| Fannie Mae Pool #BU5165 5.50% 11/1/2054 <sup>(a)</sup>  | 4904 | 4951 |

---

Intermediate Bond Fund of America<sub>7</sub>

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Fannie Mae Pool #MA5531 5.50% 11/1/2054 <sup>(a)</sup>  | USD5 | $5 |
| Fannie Mae Pool #CB9432 6.00% 11/1/2054 <sup>(a)</sup>  | 44463 | 45693 |
| Fannie Mae Pool #DC5696 6.00% 11/1/2054 <sup>(a)</sup>  | 2373 | 2428 |
| Fannie Mae Pool #MA5552 5.00% 12/1/2054 <sup>(a)</sup>  | 16802 | 16584 |
| Fannie Mae Pool #BU5361 5.00% 12/1/2054 <sup>(a)</sup>  | 7695 | 7613 |
| Fannie Mae Pool #CB9616 5.50% 12/1/2054 <sup>(a)</sup>  | 13124 | 13249 |
| Fannie Mae Pool #BU5234 5.50% 12/1/2054 <sup>(a)</sup>  | 895 | 904 |
| Fannie Mae Pool #FA0287 6.00% 12/1/2054 <sup>(a)</sup>  | 51966 | 53127 |
| Fannie Mae Pool #DC7035 6.00% 12/1/2054 <sup>(a)</sup>  | 4441 | 4540 |
| Fannie Mae Pool #CB9675 6.00% 12/1/2054 <sup>(a)</sup>  | 1848 | 1902 |
| Fannie Mae Pool #DC7823 6.00% 12/1/2054 <sup>(a)</sup>  | 764 | 781 |
| Fannie Mae Pool #CB9736 4.50% 1/1/2055 <sup>(a)</sup>  | 1952 | 1879 |
| Fannie Mae Pool #CB9737 5.00% 1/1/2055 <sup>(a)</sup>  | 13746 | 13600 |
| Fannie Mae Pool #MA5586 5.50% 1/1/2055 <sup>(a)</sup>  | 11 | 11 |
| Fannie Mae Pool #MA5587 6.00% 1/1/2055 <sup>(a)</sup>  | 20880 | 21348 |
| Fannie Mae Pool #DD0835 6.00% 1/1/2055 <sup>(a)</sup>  | 4125 | 4216 |
| Fannie Mae Pool #DC9703 6.00% 1/1/2055 <sup>(a)</sup>  | 91 | 93 |
| Fannie Mae Pool #DC9365 6.50% 1/1/2055 <sup>(a)</sup>  | 25 | 26 |
| Fannie Mae Pool #MA5612 4.50% 2/1/2055 <sup>(a)</sup>  | 20910 | 20133 |
| Fannie Mae Pool #FA0608 5.50% 2/1/2055 <sup>(a)</sup>  | 7008 | 7054 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(a)</sup>  | 51256 | 52402 |
| Fannie Mae Pool #DD3317 6.50% 2/1/2055 <sup>(a)</sup>  | 949 | 986 |
| Fannie Mae Pool #DD4797 6.50% 2/1/2055 <sup>(a)</sup>  | 36 | 38 |
| Fannie Mae Pool #MA5644 4.50% 3/1/2055 <sup>(a)</sup>  | 2579 | 2483 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(a)</sup>  | 9005 | 9205 |
| Fannie Mae Pool #MA5670 4.00% 4/1/2055 <sup>(a)</sup>  | 1785 | 1667 |
| Fannie Mae Pool #MA5671 4.50% 4/1/2055 <sup>(a)</sup>  | 2798 | 2693 |
| Fannie Mae Pool #MA5674 6.00% 4/1/2055 <sup>(a)</sup>  | 61596 | 62958 |
| Fannie Mae Pool #DD4459 6.00% 4/1/2055 <sup>(a)</sup>  | 3973 | 4061 |
| Fannie Mae Pool #FA1162 6.00% 4/1/2055 <sup>(a)</sup>  | 9 | 9 |
| Fannie Mae Pool #DD6085 6.50% 4/1/2055 <sup>(a)</sup>  | 998 | 1035 |
| Fannie Mae Pool #MA5699 5.00% 5/1/2055 <sup>(a)</sup>  | 1462 | 1443 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(a)</sup>  | 69865 | 71410 |
| Fannie Mae Pool #MA5734 5.00% 6/1/2055 <sup>(a)</sup>  | 774 | 764 |
| Fannie Mae Pool #MA5736 6.00% 6/1/2055 <sup>(a)</sup>  | 282 | 289 |
| Fannie Mae Pool #DE5117 6.00% 7/1/2055 <sup>(a)</sup>  | 237 | 242 |
| Fannie Mae Pool #MA5761 6.00% 7/1/2055 <sup>(a)</sup>  | 71 | 72 |
| Fannie Mae Pool #CC0879 6.00% 8/1/2055 <sup>(a)</sup>  | 49 | 50 |
| Fannie Mae Pool #BF0133 4.00% 8/1/2056 <sup>(a)</sup>  | 2046 | 1916 |
| Fannie Mae Pool #BF0379 3.50% 4/1/2059 <sup>(a)</sup>  | 10879 | 9768 |
| Fannie Mae Pool #BM6736 4.50% 11/1/2059 <sup>(a)</sup>  | 1213 | 1179 |
| Fannie Mae Pool #BF0481 3.50% 6/1/2060 <sup>(a)</sup>  | 6934 | 6224 |
| Fannie Mae Pool #BF0480 3.50% 6/1/2060 <sup>(a)</sup>  | 4460 | 4003 |
| Fannie Mae Pool #BF0497 3.00% 7/1/2060 <sup>(a)</sup>  | 8957 | 7731 |
| Fannie Mae Pool #BF0546 2.50% 7/1/2061 <sup>(a)</sup>  | 9047 | 7204 |
| Fannie Mae Pool #BF0548 3.00% 7/1/2061 <sup>(a)</sup>  | 2364 | 2002 |
| Fannie Mae Pool #BF0585 4.50% 12/1/2061 <sup>(a)</sup>  | 2690 | 2591 |
| Fannie Mae Pool #BF0762 3.00% 9/1/2063 <sup>(a)</sup>  | 2884 | 2443 |
| Fannie Mae Pool #BF0784 3.50% 12/1/2063 <sup>(a)</sup>  | 4165 | 3702 |
| Fannie Mae Pool #BF0786 4.00% 12/1/2063 <sup>(a)</sup>  | 1001 | 929 |
| Fannie Mae, Series 2002-W7, Class A5, 7.50% 2/25/2029 <sup>(a)</sup>  | 71 | 76 |
| Fannie Mae, Series 2002-W3, Class A5, 7.50% 11/25/2041 <sup>(a)</sup>  | 136 | 143 |
| Fannie Mae, Series 2001-T10, Class A1, 7.00% 12/25/2041 <sup>(a)</sup>  | 24 | 24 |
| Fannie Mae, Series 2024-M1, Class A2, Multi Family, 4.50% 1/25/2034 <sup>(a)(c)</sup>  | 16000 | 15989 |
| Fannie Mae, Series 2006-96, Class MO, principal only, 0% 10/25/2036 <sup>(a)</sup>  | 54 | 49 |
| Fannie Mae, Series 2006-123, Class BO, principal only, 0% 1/25/2037 <sup>(a)</sup>  | 212 | 186 |
| Freddie Mac Pool #G14278 3.50% 10/1/2026 <sup>(a)</sup>  | 625 | 621 |
| Freddie Mac Pool #J17236 3.50% 11/1/2026 <sup>(a)</sup>  | 169 | 167 |
| Freddie Mac Pool #ZK3828 3.00% 1/1/2027 <sup>(a)</sup>  | 194 | 192 |
| Freddie Mac Pool #G14502 3.00% 2/1/2027 <sup>(a)</sup>  | 374 | 370 |
| Freddie Mac Pool #ZK3899 3.00% 2/1/2027 <sup>(a)</sup>  | 71 | 70 |
| Freddie Mac Pool #ZK3929 3.00% 3/1/2027 <sup>(a)</sup>  | 103 | 102 |
| Freddie Mac Pool #ZK3934 3.00% 3/1/2027 <sup>(a)</sup>  | 30 | 30 |
| Freddie Mac Pool #ZK6157 3.00% 10/1/2028 <sup>(a)</sup>  | 1251 | 1232 |
| Freddie Mac Pool #ZK6134 3.00% 10/1/2028 <sup>(a)</sup>  | 1195 | 1176 |
| Freddie Mac Pool #J25843 3.50% 10/1/2028 <sup>(a)</sup>  | 553 | 547 |

---

---

| | |
|:---|:---|
| **8** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Freddie Mac Pool #ZA0559 7.00% 10/1/2028 <sup>(a)</sup>  | USD2 | $2 |
| Freddie Mac Pool #ZA3673 3.00% 11/1/2028 <sup>(a)</sup>  | 2865 | 2820 |
| Freddie Mac Pool #V60341 3.00% 11/1/2028 <sup>(a)</sup>  | 1614 | 1590 |
| Freddie Mac Pool #ZK6172 3.00% 11/1/2028 <sup>(a)</sup>  | 586 | 576 |
| Freddie Mac Pool #J26473 3.50% 11/1/2028 <sup>(a)</sup>  | 1745 | 1730 |
| Freddie Mac Pool #J26343 3.50% 11/1/2028 <sup>(a)</sup>  | 480 | 474 |
| Freddie Mac Pool #V60362 3.00% 12/1/2028 <sup>(a)</sup>  | 1066 | 1050 |
| Freddie Mac Pool #G14942 3.50% 12/1/2028 <sup>(a)</sup>  | 2279 | 2260 |
| Freddie Mac Pool #V60368 3.50% 12/1/2028 <sup>(a)</sup>  | 1170 | 1161 |
| Freddie Mac Pool #V60448 3.00% 1/1/2029 <sup>(a)</sup>  | 1232 | 1213 |
| Freddie Mac Pool #ZK7590 3.00% 1/1/2029 <sup>(a)</sup>  | 464 | 457 |
| Freddie Mac Pool #ZA3699 3.00% 2/1/2029 <sup>(a)</sup>  | 2120 | 2086 |
| Freddie Mac Pool #V60493 3.00% 2/1/2029 <sup>(a)</sup>  | 1640 | 1613 |
| Freddie Mac Pool #J27240 3.50% 2/1/2029 <sup>(a)</sup>  | 878 | 868 |
| Freddie Mac Pool #J27711 3.50% 3/1/2029 <sup>(a)</sup>  | 56 | 56 |
| Freddie Mac Pool #ZS8526 3.00% 5/1/2029 <sup>(a)</sup>  | 13 | 13 |
| Freddie Mac Pool #J28177 3.50% 5/1/2029 <sup>(a)</sup>  | 590 | 582 |
| Freddie Mac Pool #J28422 3.50% 6/1/2029 <sup>(a)</sup>  | 962 | 951 |
| Freddie Mac Pool #ZS6995 3.00% 8/1/2029 <sup>(a)</sup>  | 1396 | 1372 |
| Freddie Mac Pool #J28964 3.50% 8/1/2029 <sup>(a)</sup>  | 347 | 344 |
| Freddie Mac Pool #J29039 3.50% 8/1/2029 <sup>(a)</sup>  | 224 | 222 |
| Freddie Mac Pool #J28885 3.50% 8/1/2029 <sup>(a)</sup>  | 97 | 96 |
| Freddie Mac Pool #G15175 3.00% 9/1/2029 <sup>(a)</sup>  | 2819 | 2771 |
| Freddie Mac Pool #V60616 3.00% 9/1/2029 <sup>(a)</sup>  | 1900 | 1869 |
| Freddie Mac Pool #ZA3742 3.00% 11/1/2029 <sup>(a)</sup>  | 2532 | 2485 |
| Freddie Mac Pool #V60622 3.00% 11/1/2029 <sup>(a)</sup>  | 1424 | 1401 |
| Freddie Mac Pool #V60651 3.00% 11/1/2029 <sup>(a)</sup>  | 1275 | 1252 |
| Freddie Mac Pool #ZA3750 3.00% 12/1/2029 <sup>(a)</sup>  | 1543 | 1515 |
| Freddie Mac Pool #J30209 3.50% 12/1/2029 <sup>(a)</sup>  | 34 | 34 |
| Freddie Mac Pool #ZK7089 3.00% 1/1/2030 <sup>(a)</sup>  | 1835 | 1798 |
| Freddie Mac Pool #ZA3774 3.00% 3/1/2030 <sup>(a)</sup>  | 2520 | 2473 |
| Freddie Mac Pool #J32008 3.00% 6/1/2030 <sup>(a)</sup>  | 1487 | 1459 |
| Freddie Mac Pool #J33952 3.00% 3/1/2031 <sup>(a)</sup>  | 404 | 393 |
| Freddie Mac Pool #J36382 3.50% 2/1/2032 <sup>(a)</sup>  | 180 | 178 |
| Freddie Mac Pool #J36383 3.50% 2/1/2032 <sup>(a)</sup>  | 138 | 136 |
| Freddie Mac Pool #QN1073 3.00% 12/1/2034 <sup>(a)</sup>  | 57 | 55 |
| Freddie Mac Pool #SB8279 6.00% 1/1/2039 <sup>(a)</sup>  | 15 | 16 |
| Freddie Mac Pool #SB1215 6.00% 7/1/2039 <sup>(a)</sup>  | 568 | 587 |
| Freddie Mac Pool #SB1398 6.00% 9/1/2039 <sup>(a)</sup>  | 10719 | 11072 |
| Freddie Mac Pool #QO2526 6.00% 9/1/2039 <sup>(a)</sup>  | 1421 | 1471 |
| Freddie Mac Pool #QO2528 6.00% 9/1/2039 <sup>(a)</sup>  | 25 | 26 |
| Freddie Mac Pool #QO2810 6.00% 12/1/2039 <sup>(a)</sup>  | 1072 | 1108 |
| Freddie Mac Pool #QO2894 6.00% 12/1/2039 <sup>(a)</sup>  | 870 | 902 |
| Freddie Mac Pool #SB8368 6.00% 2/1/2040 <sup>(a)</sup>  | 8291 | 8563 |
| Freddie Mac Pool #SB8380 6.00% 4/1/2040 <sup>(a)</sup>  | 509 | 525 |
| Freddie Mac Pool #SB1452 6.00% 4/1/2040 <sup>(a)</sup>  | 74 | 76 |
| Freddie Mac Pool #SB8386 6.00% 5/1/2040 <sup>(a)</sup>  | 16064 | 16589 |
| Freddie Mac Pool #RR0011 6.00% 7/1/2040 <sup>(a)</sup>  | 46 | 47 |
| Freddie Mac Pool #SC0113 2.00% 12/1/2040 <sup>(a)</sup>  | 2049 | 1768 |
| Freddie Mac Pool #SC0169 2.00% 6/1/2041 <sup>(a)</sup>  | 3676 | 3161 |
| Freddie Mac Pool #RB5118 2.00% 7/1/2041 <sup>(a)</sup>  | 49027 | 41888 |
| Freddie Mac Pool #RB5121 2.00% 8/1/2041 <sup>(a)</sup>  | 76461 | 65745 |
| Freddie Mac Pool #SC0175 2.00% 9/1/2041 <sup>(a)</sup>  | 7077 | 6085 |
| Freddie Mac Pool #QK1181 2.00% 11/1/2041 <sup>(a)</sup>  | 1199 | 1031 |
| Freddie Mac Pool #RB5138 2.00% 12/1/2041 <sup>(a)</sup>  | 16543 | 14224 |
| Freddie Mac Pool #RB5145 2.00% 2/1/2042 <sup>(a)</sup>  | 5173 | 4448 |
| Freddie Mac Pool #RB5148 2.00% 3/1/2042 <sup>(a)</sup>  | 11141 | 9517 |
| Freddie Mac Pool #Q15874 4.00% 2/1/2043 <sup>(a)</sup>  | 23 | 22 |
| Freddie Mac Pool #Q17696 3.50% 4/1/2043 <sup>(a)</sup>  | 304 | 287 |
| Freddie Mac Pool #Q18236 3.50% 5/1/2043 <sup>(a)</sup>  | 408 | 384 |
| Freddie Mac Pool #Q19133 3.50% 6/1/2043 <sup>(a)</sup>  | 313 | 293 |
| Freddie Mac Pool #Q28558 3.50% 9/1/2044 <sup>(a)</sup>  | 354 | 332 |
| Freddie Mac Pool #RB5317 6.50% 10/1/2044 <sup>(a)</sup>  | 329 | 342 |
| Freddie Mac Pool #760012 5.121% 4/1/2045 <sup>(a)(c)</sup>  | 516 | 522 |
| Freddie Mac Pool #760013 5.154% 4/1/2045 <sup>(a)(c)</sup>  | 358 | 360 |
| Freddie Mac Pool #760014 4.288% 8/1/2045 <sup>(a)(c)</sup>  | 1217 | 1218 |

---

Intermediate Bond Fund of America<sub>9</sub>

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Freddie Mac Pool #G60238 3.50% 10/1/2045 <sup>(a)</sup>  | USD4,289 | $4006 |
| Freddie Mac Pool #G67700 3.50% 8/1/2046 <sup>(a)</sup>  | 1603 | 1490 |
| Freddie Mac Pool #760015 3.682% 1/1/2047 <sup>(a)(c)</sup>  | 1989 | 1946 |
| Freddie Mac Pool #Q47615 3.50% 4/1/2047 <sup>(a)</sup>  | 589 | 538 |
| Freddie Mac Pool #Q51622 3.50% 10/1/2047 <sup>(a)</sup>  | 593 | 540 |
| Freddie Mac Pool #Q52069 3.50% 11/1/2047 <sup>(a)</sup>  | 834 | 768 |
| Freddie Mac Pool #Q54709 3.50% 3/1/2048 <sup>(a)</sup>  | 581 | 536 |
| Freddie Mac Pool #Q54701 3.50% 3/1/2048 <sup>(a)</sup>  | 575 | 527 |
| Freddie Mac Pool #Q55056 3.50% 3/1/2048 <sup>(a)</sup>  | 539 | 499 |
| Freddie Mac Pool #Q54700 3.50% 3/1/2048 <sup>(a)</sup>  | 482 | 443 |
| Freddie Mac Pool #Q54781 3.50% 3/1/2048 <sup>(a)</sup>  | 389 | 360 |
| Freddie Mac Pool #Q54782 3.50% 3/1/2048 <sup>(a)</sup>  | 276 | 255 |
| Freddie Mac Pool #Q54699 3.50% 3/1/2048 <sup>(a)</sup>  | 256 | 235 |
| Freddie Mac Pool #Q54831 3.50% 3/1/2048 <sup>(a)</sup>  | 164 | 152 |
| Freddie Mac Pool #Q54698 3.50% 3/1/2048 <sup>(a)</sup>  | 152 | 139 |
| Freddie Mac Pool #G67711 4.00% 3/1/2048 <sup>(a)</sup>  | 5629 | 5374 |
| Freddie Mac Pool #Q55060 3.50% 4/1/2048 <sup>(a)</sup>  | 165 | 151 |
| Freddie Mac Pool #Q55971 4.00% 5/1/2048 <sup>(a)</sup>  | 438 | 414 |
| Freddie Mac Pool #Q56175 4.00% 5/1/2048 <sup>(a)</sup>  | 317 | 303 |
| Freddie Mac Pool #Q55970 4.00% 5/1/2048 <sup>(a)</sup>  | 195 | 185 |
| Freddie Mac Pool #Q56590 3.50% 6/1/2048 <sup>(a)</sup>  | 326 | 302 |
| Freddie Mac Pool #Q56589 3.50% 6/1/2048 <sup>(a)</sup>  | 178 | 165 |
| Freddie Mac Pool #Q56591 3.50% 6/1/2048 <sup>(a)</sup>  | 160 | 147 |
| Freddie Mac Pool #Q56599 4.00% 6/1/2048 <sup>(a)</sup>  | 642 | 612 |
| Freddie Mac Pool #Q58411 4.50% 9/1/2048 <sup>(a)</sup>  | 1194 | 1174 |
| Freddie Mac Pool #Q58436 4.50% 9/1/2048 <sup>(a)</sup>  | 580 | 571 |
| Freddie Mac Pool #Q58378 4.50% 9/1/2048 <sup>(a)</sup>  | 378 | 369 |
| Freddie Mac Pool #Z40273 4.50% 10/1/2048 <sup>(a)</sup>  | 837 | 821 |
| Freddie Mac Pool #QA0284 3.50% 6/1/2049 <sup>(a)</sup>  | 1768 | 1636 |
| Freddie Mac Pool #RA1369 3.50% 9/1/2049 <sup>(a)</sup>  | 12812 | 11744 |
| Freddie Mac Pool #QA2748 3.50% 9/1/2049 <sup>(a)</sup>  | 521 | 481 |
| Freddie Mac Pool #RA1580 3.50% 10/1/2049 <sup>(a)</sup>  | 4435 | 4112 |
| Freddie Mac Pool #RA1463 3.50% 10/1/2049 <sup>(a)</sup>  | 4283 | 3971 |
| Freddie Mac Pool #SD0187 3.00% 1/1/2050 <sup>(a)</sup>  | 3880 | 3451 |
| Freddie Mac Pool #RA2457 3.00% 4/1/2050 <sup>(a)</sup>  | 8313 | 7341 |
| Freddie Mac Pool #RA3384 3.00% 8/1/2050 <sup>(a)</sup>  | 270 | 236 |
| Freddie Mac Pool #RA3506 3.00% 9/1/2050 <sup>(a)</sup>  | 132 | 116 |
| Freddie Mac Pool #SD7525 2.50% 10/1/2050 <sup>(a)</sup>  | 3709 | 3155 |
| Freddie Mac Pool #SD8106 2.00% 11/1/2050 <sup>(a)</sup>  | 16770 | 13458 |
| Freddie Mac Pool #SD7528 2.00% 11/1/2050 <sup>(a)</sup>  | 7677 | 6205 |
| Freddie Mac Pool #RA3952 2.00% 11/1/2050 <sup>(a)</sup>  | 5937 | 4733 |
| Freddie Mac Pool #RA4528 2.50% 2/1/2051 <sup>(a)</sup>  | 585 | 486 |
| Freddie Mac Pool #SD0554 2.50% 3/1/2051 <sup>(a)</sup>  | 13055 | 10852 |
| Freddie Mac Pool #RA5288 2.00% 5/1/2051 <sup>(a)</sup>  | 48278 | 38936 |
| Freddie Mac Pool #RA5259 2.50% 5/1/2051 <sup>(a)</sup>  | 3104 | 2605 |
| Freddie Mac Pool #RA5267 3.00% 5/1/2051 <sup>(a)</sup>  | 60 | 52 |
| Freddie Mac Pool #QC5857 3.00% 8/1/2051 <sup>(a)</sup>  | 25957 | 22521 |
| Freddie Mac Pool #SD7545 2.50% 9/1/2051 <sup>(a)</sup>  | 12827 | 10886 |
| Freddie Mac Pool #RA5782 2.50% 9/1/2051 <sup>(a)</sup>  | 5155 | 4362 |
| Freddie Mac Pool #SD5485 2.50% 9/1/2051 <sup>(a)</sup>  | 824 | 687 |
| Freddie Mac Pool #RA5971 3.00% 9/1/2051 <sup>(a)</sup>  | 61720 | 54408 |
| Freddie Mac Pool #RA5901 3.00% 9/1/2051 <sup>(a)</sup>  | 63 | 55 |
| Freddie Mac Pool #RA6107 2.50% 10/1/2051 <sup>(a)</sup>  | 825 | 686 |
| Freddie Mac Pool #QC8778 2.50% 10/1/2051 <sup>(a)</sup>  | 473 | 393 |
| Freddie Mac Pool #QC9669 3.50% 10/1/2051 <sup>(a)</sup>  | 109 | 99 |
| Freddie Mac Pool #RA6406 2.00% 11/1/2051 <sup>(a)</sup>  | 4103 | 3282 |
| Freddie Mac Pool #QD1841 2.00% 11/1/2051 <sup>(a)</sup>  | 2001 | 1596 |
| Freddie Mac Pool #SD1385 2.50% 11/1/2051 <sup>(a)</sup>  | 3570 | 3021 |
| Freddie Mac Pool #SD7548 2.50% 11/1/2051 <sup>(a)</sup>  | 3455 | 2932 |
| Freddie Mac Pool #QD0162 2.50% 11/1/2051 <sup>(a)</sup>  | 379 | 315 |
| Freddie Mac Pool #RA6231 2.50% 11/1/2051 <sup>(a)</sup>  | 174 | 145 |
| Freddie Mac Pool #RA6347 3.00% 11/1/2051 <sup>(a)</sup>  | 124 | 109 |
| Freddie Mac Pool #SD8182 2.00% 12/1/2051 <sup>(a)</sup>  | 801 | 640 |
| Freddie Mac Pool #RA6483 2.50% 12/1/2051 <sup>(a)</sup>  | 10270 | 8668 |
| Freddie Mac Pool #QD3310 3.00% 12/1/2051 <sup>(a)</sup>  | 12 | 11 |
| Freddie Mac Pool #QD5035 2.00% 1/1/2052 <sup>(a)</sup>  | 143 | 114 |

---

---

| | |
|:---|:---|
| **10** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Freddie Mac Pool #SD7552 2.50% 1/1/2052 <sup>(a)</sup>  | USD2,466 | $2086 |
| Freddie Mac Pool #RA6771 2.00% 2/1/2052 <sup>(a)</sup>  | 4558 | 3624 |
| Freddie Mac Pool #SD8193 2.00% 2/1/2052 <sup>(a)</sup>  | 818 | 653 |
| Freddie Mac Pool #QD5748 2.00% 2/1/2052 <sup>(a)</sup>  | 819 | 652 |
| Freddie Mac Pool #RA6774 2.00% 2/1/2052 <sup>(a)</sup>  | 23 | 18 |
| Freddie Mac Pool #SD0873 3.50% 2/1/2052 <sup>(a)</sup>  | 8383 | 7714 |
| Freddie Mac Pool #QD7089 3.50% 2/1/2052 <sup>(a)</sup>  | 837 | 763 |
| Freddie Mac Pool #SD8199 2.00% 3/1/2052 <sup>(a)</sup>  | 13873 | 11056 |
| Freddie Mac Pool #RA6973 2.00% 3/1/2052 <sup>(a)</sup>  | 4162 | 3321 |
| Freddie Mac Pool #SD5343 2.00% 3/1/2052 <sup>(a)</sup>  | 2728 | 2178 |
| Freddie Mac Pool #QD8010 2.00% 3/1/2052 <sup>(a)</sup>  | 910 | 725 |
| Freddie Mac Pool #QD8408 2.00% 3/1/2052 <sup>(a)</sup>  | 874 | 697 |
| Freddie Mac Pool #QD8820 2.00% 3/1/2052 <sup>(a)</sup>  | 254 | 202 |
| Freddie Mac Pool #QD8673 3.00% 3/1/2052 <sup>(a)</sup>  | 6279 | 5451 |
| Freddie Mac Pool #SD7553 3.00% 3/1/2052 <sup>(a)</sup>  | 5033 | 4435 |
| Freddie Mac Pool #SD8204 2.00% 4/1/2052 <sup>(a)</sup>  | 2044 | 1632 |
| Freddie Mac Pool #SD7554 2.50% 4/1/2052 <sup>(a)</sup>  | 5588 | 4735 |
| Freddie Mac Pool #SD3478 2.50% 4/1/2052 <sup>(a)</sup>  | 729 | 606 |
| Freddie Mac Pool #QE0744 3.50% 4/1/2052 <sup>(a)</sup>  | 806 | 729 |
| Freddie Mac Pool #SD8213 3.00% 5/1/2052 <sup>(a)</sup>  | 14144 | 12289 |
| Freddie Mac Pool #QE1489 3.50% 5/1/2052 <sup>(a)</sup>  | 86 | 77 |
| Freddie Mac Pool #SD4807 2.00% 6/1/2052 <sup>(a)</sup>  | 1050 | 840 |
| Freddie Mac Pool #SD8220 3.00% 6/1/2052 <sup>(a)</sup>  | 7138 | 6202 |
| Freddie Mac Pool #SL1564 3.00% 6/1/2052 <sup>(a)</sup>  | 448 | 390 |
| Freddie Mac Pool #SD6203 3.00% 6/1/2052 <sup>(a)</sup>  | 345 | 299 |
| Freddie Mac Pool #SD1393 3.50% 6/1/2052 <sup>(a)</sup>  | 101 | 91 |
| Freddie Mac Pool #QE4613 4.00% 6/1/2052 <sup>(a)</sup>  | 383 | 358 |
| Freddie Mac Pool #QE4383 4.00% 6/1/2052 <sup>(a)</sup>  | 71 | 67 |
| Freddie Mac Pool #RA7556 4.50% 6/1/2052 <sup>(a)</sup>  | 8399 | 8109 |
| Freddie Mac Pool #SD8240 2.00% 7/1/2052 <sup>(a)</sup>  | 26 | 21 |
| Freddie Mac Pool #SD8225 3.00% 7/1/2052 <sup>(a)</sup>  | 7403 | 6431 |
| Freddie Mac Pool #SD2370 3.50% 7/1/2052 <sup>(a)</sup>  | 129 | 117 |
| Freddie Mac Pool #SD1502 4.00% 7/1/2052 <sup>(a)</sup>  | 5014 | 4688 |
| Freddie Mac Pool #SD1406 2.00% 8/1/2052 <sup>(a)</sup>  | 754 | 601 |
| Freddie Mac Pool #SL1039 3.00% 8/1/2052 <sup>(a)</sup>  | 2043 | 1774 |
| Freddie Mac Pool #QE9425 4.50% 8/1/2052 <sup>(a)</sup>  | 1398 | 1351 |
| Freddie Mac Pool #QE8579 4.50% 8/1/2052 <sup>(a)</sup>  | 192 | 186 |
| Freddie Mac Pool #QE7695 5.00% 8/1/2052 <sup>(a)</sup>  | 14942 | 14772 |
| Freddie Mac Pool #SD2986 3.50% 9/1/2052 <sup>(a)</sup>  | 95 | 86 |
| Freddie Mac Pool #SD8244 4.00% 9/1/2052 <sup>(a)</sup>  | 52687 | 49287 |
| Freddie Mac Pool #QE9448 4.50% 9/1/2052 <sup>(a)</sup>  | 18752 | 18102 |
| Freddie Mac Pool #QE8940 4.50% 9/1/2052 <sup>(a)</sup>  | 11936 | 11520 |
| Freddie Mac Pool #QF0616 4.50% 9/1/2052 <sup>(a)</sup>  | 3978 | 3839 |
| Freddie Mac Pool #QF0212 4.50% 9/1/2052 <sup>(a)</sup>  | 863 | 833 |
| Freddie Mac Pool #QE9497 4.50% 9/1/2052 <sup>(a)</sup>  | 217 | 210 |
| Freddie Mac Pool #SD1608 4.50% 9/1/2052 <sup>(a)</sup>  | 128 | 124 |
| Freddie Mac Pool #RA7938 5.00% 9/1/2052 <sup>(a)</sup>  | 53735 | 53353 |
| Freddie Mac Pool #QF1221 4.00% 10/1/2052 <sup>(a)</sup>  | 1137 | 1064 |
| Freddie Mac Pool #QF1236 4.50% 10/1/2052 <sup>(a)</sup>  | 1253 | 1210 |
| Freddie Mac Pool #SD2465 4.50% 10/1/2052 <sup>(a)</sup>  | 86 | 83 |
| Freddie Mac Pool #QF1573 5.50% 10/1/2052 <sup>(a)</sup>  | 631 | 638 |
| Freddie Mac Pool #SD8266 4.50% 11/1/2052 <sup>(a)</sup>  | 3288 | 3184 |
| Freddie Mac Pool #SD2948 5.50% 11/1/2052 <sup>(a)</sup>  | 19533 | 19735 |
| Freddie Mac Pool #SD8276 5.00% 12/1/2052 <sup>(a)</sup>  | 5561 | 5514 |
| Freddie Mac Pool #SD1961 5.50% 12/1/2052 <sup>(a)</sup>  | 1004 | 1013 |
| Freddie Mac Pool #SD8287 4.50% 1/1/2053 <sup>(a)</sup>  | 1867 | 1802 |
| Freddie Mac Pool #SD8288 5.00% 1/1/2053 <sup>(a)</sup>  | 2065 | 2048 |
| Freddie Mac Pool #SD8290 6.00% 1/1/2053 <sup>(a)</sup>  | 22393 | 22973 |
| Freddie Mac Pool #QF7852 4.00% 2/1/2053 <sup>(a)</sup>  | 992 | 928 |
| Freddie Mac Pool #RA8544 5.50% 2/1/2053 <sup>(a)</sup>  | 8777 | 8867 |
| Freddie Mac Pool #QF7073 5.50% 2/1/2053 <sup>(a)</sup>  | 1478 | 1493 |
| Freddie Mac Pool #QF8331 5.50% 2/1/2053 <sup>(a)</sup>  | 1199 | 1211 |
| Freddie Mac Pool #QF7144 5.50% 2/1/2053 <sup>(a)</sup>  | 1103 | 1113 |
| Freddie Mac Pool #QF7774 5.50% 2/1/2053 <sup>(a)</sup>  | 817 | 826 |
| Freddie Mac Pool #QF7483 5.50% 2/1/2053 <sup>(a)</sup>  | 635 | 641 |
| Freddie Mac Pool #SD8301 6.00% 2/1/2053 <sup>(a)</sup>  | 4395 | 4515 |

---

Intermediate Bond Fund of America<sub>11</sub>

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Freddie Mac Pool #QF8462 5.50% 3/1/2053 <sup>(a)</sup>  | USD4,165 | $4206 |
| Freddie Mac Pool #QG1221 4.00% 4/1/2053 <sup>(a)</sup>  | 147 | 137 |
| Freddie Mac Pool #SD2716 5.00% 4/1/2053 <sup>(a)</sup>  | 12102 | 12034 |
| Freddie Mac Pool #SD8315 5.00% 4/1/2053 <sup>(a)</sup>  | 5829 | 5761 |
| Freddie Mac Pool #SD8316 5.50% 4/1/2053 <sup>(a)</sup>  | 32491 | 32823 |
| Freddie Mac Pool #QG1023 5.50% 4/1/2053 <sup>(a)</sup>  | 1434 | 1448 |
| Freddie Mac Pool #QG0979 5.50% 4/1/2053 <sup>(a)</sup>  | 1250 | 1259 |
| Freddie Mac Pool #QG2749 5.50% 4/1/2053 <sup>(a)</sup>  | 1053 | 1062 |
| Freddie Mac Pool #QG1387 5.50% 4/1/2053 <sup>(a)</sup>  | 990 | 1000 |
| Freddie Mac Pool #SD8321 4.00% 5/1/2053 <sup>(a)</sup>  | 3980 | 3722 |
| Freddie Mac Pool #RA8647 4.50% 5/1/2053 <sup>(a)</sup>  | 86 | 83 |
| Freddie Mac Pool #SD8323 5.00% 5/1/2053 <sup>(a)</sup>  | 2666 | 2638 |
| Freddie Mac Pool #SD8324 5.50% 5/1/2053 <sup>(a)</sup>  | 87602 | 88497 |
| Freddie Mac Pool #SD3369 5.50% 5/1/2053 <sup>(a)</sup>  | 6386 | 6453 |
| Freddie Mac Pool #QG3365 5.50% 5/1/2053 <sup>(a)</sup>  | 1833 | 1857 |
| Freddie Mac Pool #QG3382 5.50% 5/1/2053 <sup>(a)</sup>  | 1544 | 1559 |
| Freddie Mac Pool #SD8325 6.00% 5/1/2053 <sup>(a)</sup>  | 6959 | 7141 |
| Freddie Mac Pool #SD2979 6.50% 5/1/2053 <sup>(a)</sup>  | 2342 | 2455 |
| Freddie Mac Pool #SD8338 4.00% 6/1/2053 <sup>(a)</sup>  | 1163 | 1087 |
| Freddie Mac Pool #SD8328 4.50% 6/1/2053 <sup>(a)</sup>  | 6127 | 5902 |
| Freddie Mac Pool #QG5436 5.00% 6/1/2053 <sup>(a)</sup>  | 22580 | 22425 |
| Freddie Mac Pool #SD8329 5.00% 6/1/2053 <sup>(a)</sup>  | 1700 | 1684 |
| Freddie Mac Pool #SD8331 5.50% 6/1/2053 <sup>(a)</sup>  | 60171 | 60716 |
| Freddie Mac Pool #QG5136 5.50% 6/1/2053 <sup>(a)</sup>  | 1097 | 1114 |
| Freddie Mac Pool #QG5097 5.50% 6/1/2053 <sup>(a)</sup>  | 1087 | 1097 |
| Freddie Mac Pool #QG4632 5.50% 6/1/2053 <sup>(a)</sup>  | 818 | 825 |
| Freddie Mac Pool #SD8332 6.00% 6/1/2053 <sup>(a)</sup>  | 27947 | 28669 |
| Freddie Mac Pool #RA9279 6.00% 6/1/2053 <sup>(a)</sup>  | 8297 | 8546 |
| Freddie Mac Pool #RA9283 6.00% 6/1/2053 <sup>(a)</sup>  | 7223 | 7413 |
| Freddie Mac Pool #RA9281 6.00% 6/1/2053 <sup>(a)</sup>  | 4978 | 5134 |
| Freddie Mac Pool #RA9284 6.00% 6/1/2053 <sup>(a)</sup>  | 4002 | 4160 |
| Freddie Mac Pool #SD3240 6.00% 6/1/2053 <sup>(a)</sup>  | 463 | 475 |
| Freddie Mac Pool #RA9294 6.50% 6/1/2053 <sup>(a)</sup>  | 5766 | 6022 |
| Freddie Mac Pool #RA9292 6.50% 6/1/2053 <sup>(a)</sup>  | 5129 | 5356 |
| Freddie Mac Pool #RA9289 6.50% 6/1/2053 <sup>(a)</sup>  | 4847 | 5089 |
| Freddie Mac Pool #RA9288 6.50% 6/1/2053 <sup>(a)</sup>  | 4830 | 5080 |
| Freddie Mac Pool #RA9287 6.50% 6/1/2053 <sup>(a)</sup>  | 3345 | 3525 |
| Freddie Mac Pool #RA9290 6.50% 6/1/2053 <sup>(a)</sup>  | 2574 | 2698 |
| Freddie Mac Pool #RA9291 6.50% 6/1/2053 <sup>(a)</sup>  | 1605 | 1670 |
| Freddie Mac Pool #RA9295 6.50% 6/1/2053 <sup>(a)</sup>  | 1409 | 1495 |
| Freddie Mac Pool #SD8353 4.00% 7/1/2053 <sup>(a)</sup>  | 3172 | 2964 |
| Freddie Mac Pool #SD8341 5.00% 7/1/2053 <sup>(a)</sup>  | 183 | 181 |
| Freddie Mac Pool #SD8342 5.50% 7/1/2053 <sup>(a)</sup>  | 2212 | 2235 |
| Freddie Mac Pool #QG7218 6.00% 7/1/2053 <sup>(a)</sup>  | 10502 | 10766 |
| Freddie Mac Pool #SD3432 6.00% 7/1/2053 <sup>(a)</sup>  | 466 | 481 |
| Freddie Mac Pool #SD3356 6.00% 7/1/2053 <sup>(a)</sup>  | 241 | 247 |
| Freddie Mac Pool #RA9735 2.50% 8/1/2053 <sup>(a)</sup>  | 141 | 117 |
| Freddie Mac Pool #SD8357 4.00% 8/1/2053 <sup>(a)</sup>  | 2726 | 2548 |
| Freddie Mac Pool #SD8362 5.50% 9/1/2053 <sup>(a)</sup>  | 1290 | 1303 |
| Freddie Mac Pool #SD3817 6.00% 9/1/2053 <sup>(a)</sup>  | 16799 | 17325 |
| Freddie Mac Pool #SD8363 6.00% 9/1/2053 <sup>(a)</sup>  | 2664 | 2733 |
| Freddie Mac Pool #SD8379 4.00% 10/1/2053 <sup>(a)</sup>  | 328 | 306 |
| Freddie Mac Pool #SD8367 5.50% 10/1/2053 <sup>(a)</sup>  | 8024 | 8088 |
| Freddie Mac Pool #SD4053 6.00% 10/1/2053 <sup>(a)</sup>  | 35662 | 36575 |
| Freddie Mac Pool #SD4977 5.00% 11/1/2053 <sup>(a)</sup>  | 101849 | 100676 |
| Freddie Mac Pool #SD8372 5.50% 11/1/2053 <sup>(a)</sup>  | 3236 | 3266 |
| Freddie Mac Pool #SD4703 6.00% 11/1/2053 <sup>(a)</sup>  | 56716 | 58497 |
| Freddie Mac Pool #SD8374 6.50% 11/1/2053 <sup>(a)</sup>  | 2965 | 3075 |
| Freddie Mac Pool #RJ0326 6.50% 11/1/2053 <sup>(a)</sup>  | 2444 | 2547 |
| Freddie Mac Pool #SD6284 2.00% 1/1/2054 <sup>(a)</sup>  | 985 | 786 |
| Freddie Mac Pool #SD8396 6.00% 1/1/2054 <sup>(a)</sup>  | 10642 | 10903 |
| Freddie Mac Pool #SD4730 6.00% 1/1/2054 <sup>(a)</sup>  | 5477 | 5651 |
| Freddie Mac Pool #RJ0854 6.50% 1/1/2054 <sup>(a)</sup>  | 4231 | 4400 |
| Freddie Mac Pool #SD4614 6.50% 1/1/2054 <sup>(a)</sup>  | 2839 | 2962 |
| Freddie Mac Pool #SD4693 6.50% 1/1/2054 <sup>(a)</sup>  | 1928 | 2007 |
| Freddie Mac Pool #QI0001 4.00% 2/1/2054 <sup>(a)</sup>  | 780 | 728 |

---

---

| | |
|:---|:---|
| **12** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Freddie Mac Pool #SD8401 5.50% 2/1/2054 <sup>(a)</sup>  | USD616 | $621 |
| Freddie Mac Pool #SD4897 6.00% 2/1/2054 <sup>(a)</sup>  | 29166 | 29885 |
| Freddie Mac Pool #SD4906 6.00% 2/1/2054 <sup>(a)</sup>  | 13213 | 13628 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(a)</sup>  | 4845 | 4954 |
| Freddie Mac Pool #SD4964 6.00% 2/1/2054 <sup>(a)</sup>  | 844 | 869 |
| Freddie Mac Pool #RJ0856 6.50% 2/1/2054 <sup>(a)</sup>  | 520 | 541 |
| Freddie Mac Pool #QI0981 6.50% 2/1/2054 <sup>(a)</sup>  | 61 | 63 |
| Freddie Mac Pool #SD8408 5.50% 3/1/2054 <sup>(a)</sup>  | 14707 | 14820 |
| Freddie Mac Pool #QI1404 5.50% 3/1/2054 <sup>(a)</sup>  | 5681 | 5726 |
| Freddie Mac Pool #RJ1076 6.00% 3/1/2054 <sup>(a)</sup>  | 589 | 603 |
| Freddie Mac Pool #RJ1015 6.50% 3/1/2054 <sup>(a)</sup>  | 2048 | 2128 |
| Freddie Mac Pool #QI3548 4.00% 4/1/2054 <sup>(a)</sup>  | 210 | 196 |
| Freddie Mac Pool #RJ1216 5.50% 4/1/2054 <sup>(a)</sup>  | 2656 | 2693 |
| Freddie Mac Pool #RJ1215 5.50% 4/1/2054 <sup>(a)</sup>  | 1712 | 1725 |
| Freddie Mac Pool #QI2281 6.00% 4/1/2054 <sup>(a)</sup>  | 9674 | 9972 |
| Freddie Mac Pool #QI3333 6.00% 4/1/2054 <sup>(a)</sup>  | 279 | 287 |
| Freddie Mac Pool #QI4365 6.50% 4/1/2054 <sup>(a)</sup>  | 5147 | 5352 |
| Freddie Mac Pool #SD5221 6.50% 4/1/2054 <sup>(a)</sup>  | 4814 | 5034 |
| Freddie Mac Pool #SD5692 6.00% 5/1/2054 <sup>(a)</sup>  | 340 | 351 |
| Freddie Mac Pool #SD8432 6.00% 5/1/2054 <sup>(a)</sup>  | 30 | 30 |
| Freddie Mac Pool #SD5419 6.50% 5/1/2054 <sup>(a)</sup>  | 18576 | 19340 |
| Freddie Mac Pool #RJ1855 5.00% 6/1/2054 <sup>(a)</sup>  | 7893 | 7812 |
| Freddie Mac Pool #RJ1857 5.50% 6/1/2054 <sup>(a)</sup>  | 1893 | 1917 |
| Freddie Mac Pool #RJ1768 5.50% 6/1/2054 <sup>(a)</sup>  | 864 | 876 |
| Freddie Mac Pool #RJ1785 6.00% 6/1/2054 <sup>(a)</sup>  | 5134 | 5285 |
| Freddie Mac Pool #RJ1779 6.00% 6/1/2054 <sup>(a)</sup>  | 3601 | 3713 |
| Freddie Mac Pool #SD8439 6.00% 6/1/2054 <sup>(a)</sup>  | 1 | 1 |
| Freddie Mac Pool #RJ1797 6.50% 6/1/2054 <sup>(a)</sup>  | 29041 | 30172 |
| Freddie Mac Pool #RJ1725 6.50% 6/1/2054 <sup>(a)</sup>  | 7196 | 7538 |
| Freddie Mac Pool #SD5701 6.50% 6/1/2054 <sup>(a)</sup>  | 4526 | 4725 |
| Freddie Mac Pool #QI6912 6.50% 6/1/2054 <sup>(a)</sup>  | 44 | 45 |
| Freddie Mac Pool #SD8446 5.50% 7/1/2054 <sup>(a)</sup>  | 13729 | 13832 |
| Freddie Mac Pool #QI8872 5.50% 7/1/2054 <sup>(a)</sup>  | 2793 | 2820 |
| Freddie Mac Pool #RJ1963 5.50% 7/1/2054 <sup>(a)</sup>  | 560 | 565 |
| Freddie Mac Pool #SD5949 6.00% 7/1/2054 <sup>(a)</sup>  | 8925 | 9141 |
| Freddie Mac Pool #SD8447 6.00% 7/1/2054 <sup>(a)</sup>  | 4575 | 4682 |
| Freddie Mac Pool #SD5813 6.00% 7/1/2054 <sup>(a)</sup>  | 4188 | 4318 |
| Freddie Mac Pool #QI8874 6.00% 7/1/2054 <sup>(a)</sup>  | 1222 | 1253 |
| Freddie Mac Pool #SD5896 6.00% 7/1/2054 <sup>(a)</sup>  | 494 | 506 |
| Freddie Mac Pool #QJ0957 6.00% 7/1/2054 <sup>(a)</sup>  | 359 | 367 |
| Freddie Mac Pool #SD6143 6.00% 7/1/2054 <sup>(a)</sup>  | 299 | 305 |
| Freddie Mac Pool #RJ1986 6.50% 7/1/2054 <sup>(a)</sup>  | 74928 | 77849 |
| Freddie Mac Pool #QI9151 6.50% 7/1/2054 <sup>(a)</sup>  | 9260 | 9670 |
| Freddie Mac Pool #SD5905 6.50% 7/1/2054 <sup>(a)</sup>  | 1289 | 1346 |
| Freddie Mac Pool #QJ0143 6.50% 7/1/2054 <sup>(a)</sup>  | 628 | 655 |
| Freddie Mac Pool #QJ0973 6.50% 7/1/2054 <sup>(a)</sup>  | 224 | 234 |
| Freddie Mac Pool #QI9763 6.50% 7/1/2054 <sup>(a)</sup>  | 115 | 119 |
| Freddie Mac Pool #RJ2200 5.50% 8/1/2054 <sup>(a)</sup>  | 3121 | 3147 |
| Freddie Mac Pool #RJ2206 5.50% 8/1/2054 <sup>(a)</sup>  | 1974 | 1991 |
| Freddie Mac Pool #RJ2243 5.50% 8/1/2054 <sup>(a)</sup>  | 1800 | 1816 |
| Freddie Mac Pool #SD6286 5.50% 8/1/2054 <sup>(a)</sup>  | 1270 | 1288 |
| Freddie Mac Pool #RJ2203 5.50% 8/1/2054 <sup>(a)</sup>  | 332 | 335 |
| Freddie Mac Pool #SD8454 6.00% 8/1/2054 <sup>(a)</sup>  | 6153 | 6294 |
| Freddie Mac Pool #RJ2212 6.00% 8/1/2054 <sup>(a)</sup>  | 4804 | 4956 |
| Freddie Mac Pool #SD6029 6.00% 8/1/2054 <sup>(a)</sup>  | 2461 | 2529 |
| Freddie Mac Pool #RJ2216 6.00% 8/1/2054 <sup>(a)</sup>  | 1925 | 1972 |
| Freddie Mac Pool #RJ2210 6.00% 8/1/2054 <sup>(a)</sup>  | 657 | 674 |
| Freddie Mac Pool #QJ1163 6.00% 8/1/2054 <sup>(a)</sup>  | 236 | 241 |
| Freddie Mac Pool #QJ1787 6.00% 8/1/2054 <sup>(a)</sup>  | 83 | 85 |
| Freddie Mac Pool #QJ3296 6.00% 8/1/2054 <sup>(a)</sup>  | 6 | 6 |
| Freddie Mac Pool #RJ2222 6.50% 8/1/2054 <sup>(a)</sup>  | 19466 | 20325 |
| Freddie Mac Pool #SD6034 6.50% 8/1/2054 <sup>(a)</sup>  | 10111 | 10557 |
| Freddie Mac Pool #RJ2247 6.50% 8/1/2054 <sup>(a)</sup>  | 7994 | 8350 |
| Freddie Mac Pool #RJ2228 6.50% 8/1/2054 <sup>(a)</sup>  | 4570 | 4751 |
| Freddie Mac Pool #SD6047 6.50% 8/1/2054 <sup>(a)</sup>  | 3690 | 3862 |
| Freddie Mac Pool #SD6035 6.50% 8/1/2054 <sup>(a)</sup>  | 2593 | 2707 |

---

Intermediate Bond Fund of America<sub>13</sub>

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Freddie Mac Pool #QJ1576 6.50% 8/1/2054 <sup>(a)</sup>  | USD2,492 | $2589 |
| Freddie Mac Pool #SD8462 5.50% 9/1/2054 <sup>(a)</sup>  | 31805 | 32030 |
| Freddie Mac Pool #RJ2422 5.50% 9/1/2054 <sup>(a)</sup>  | 14324 | 14440 |
| Freddie Mac Pool #RJ2415 5.50% 9/1/2054 <sup>(a)</sup>  | 6024 | 6109 |
| Freddie Mac Pool #RJ2408 5.50% 9/1/2054 <sup>(a)</sup>  | 5440 | 5487 |
| Freddie Mac Pool #SD6328 5.50% 9/1/2054 <sup>(a)</sup>  | 2744 | 2781 |
| Freddie Mac Pool #QJ3044 5.50% 9/1/2054 <sup>(a)</sup>  | 2073 | 2089 |
| Freddie Mac Pool #RJ2314 6.00% 9/1/2054 <sup>(a)</sup>  | 8648 | 8864 |
| Freddie Mac Pool #RJ2312 6.00% 9/1/2054 <sup>(a)</sup>  | 4718 | 4848 |
| Freddie Mac Pool #RJ2308 6.00% 9/1/2054 <sup>(a)</sup>  | 4349 | 4487 |
| Freddie Mac Pool #RJ2306 6.00% 9/1/2054 <sup>(a)</sup>  | 4125 | 4257 |
| Freddie Mac Pool #RJ2309 6.00% 9/1/2054 <sup>(a)</sup>  | 2660 | 2725 |
| Freddie Mac Pool #SD8463 6.00% 9/1/2054 <sup>(a)</sup>  | 1421 | 1454 |
| Freddie Mac Pool #SD6531 6.50% 9/1/2054 <sup>(a)</sup>  | 16753 | 17524 |
| Freddie Mac Pool #SD6271 6.50% 9/1/2054 <sup>(a)</sup>  | 16494 | 17146 |
| Freddie Mac Pool #RJ2474 6.50% 9/1/2054 <sup>(a)</sup>  | 4208 | 4376 |
| Freddie Mac Pool #RJ2320 6.50% 9/1/2054 <sup>(a)</sup>  | 3273 | 3417 |
| Freddie Mac Pool #RJ2411 6.50% 9/1/2054 <sup>(a)</sup>  | 2900 | 3025 |
| Freddie Mac Pool #RJ2325 6.50% 9/1/2054 <sup>(a)</sup>  | 1745 | 1820 |
| Freddie Mac Pool #RJ2470 6.50% 9/1/2054 <sup>(a)</sup>  | 1442 | 1499 |
| Freddie Mac Pool #QJ4693 6.50% 9/1/2054 <sup>(a)</sup>  | 191 | 200 |
| Freddie Mac Pool #SD8469 5.50% 10/1/2054 <sup>(a)</sup>  | 33994 | 34220 |
| Freddie Mac Pool #RJ2625 5.50% 10/1/2054 <sup>(a)</sup>  | 1084 | 1094 |
| Freddie Mac Pool #RJ3187 6.00% 10/1/2054 <sup>(a)</sup>  | 589 | 602 |
| Freddie Mac Pool #SD6733 6.50% 10/1/2054 <sup>(a)</sup>  | 22963 | 23876 |
| Freddie Mac Pool #QJ8297 6.50% 10/1/2054 <sup>(a)</sup>  | 27 | 28 |
| Freddie Mac Pool #SD8484 4.00% 11/1/2054 <sup>(a)</sup>  | 844 | 788 |
| Freddie Mac Pool #RJ2850 4.50% 11/1/2054 <sup>(a)</sup>  | 1897 | 1831 |
| Freddie Mac Pool #RJ2851 4.50% 11/1/2054 <sup>(a)</sup>  | 108 | 104 |
| Freddie Mac Pool #RJ2860 5.00% 11/1/2054 <sup>(a)</sup>  | 8149 | 8043 |
| Freddie Mac Pool #RJ2917 5.50% 11/1/2054 <sup>(a)</sup>  | 35901 | 36155 |
| Freddie Mac Pool #RJ2913 5.50% 11/1/2054 <sup>(a)</sup>  | 6134 | 6180 |
| Freddie Mac Pool #SD8475 5.50% 11/1/2054 <sup>(a)</sup>  | 2762 | 2781 |
| Freddie Mac Pool #RJ3163 5.00% 12/1/2054 <sup>(a)</sup>  | 28563 | 28282 |
| Freddie Mac Pool #RJ3017 5.00% 12/1/2054 <sup>(a)</sup>  | 18896 | 18665 |
| Freddie Mac Pool #SD8491 5.00% 12/1/2054 <sup>(a)</sup>  | 8937 | 8821 |
| Freddie Mac Pool #QX1743 5.00% 12/1/2054 <sup>(a)</sup>  | 6575 | 6506 |
| Freddie Mac Pool #QX2834 5.00% 12/1/2054 <sup>(a)</sup>  | 2174 | 2151 |
| Freddie Mac Pool #RJ3012 5.00% 12/1/2054 <sup>(a)</sup>  | 1069 | 1059 |
| Freddie Mac Pool #QX0376 5.50% 12/1/2054 <sup>(a)</sup>  | 9000 | 9087 |
| Freddie Mac Pool #SD8493 5.50% 12/1/2054 <sup>(a)</sup>  | 8087 | 8140 |
| Freddie Mac Pool #QX1253 6.00% 12/1/2054 <sup>(a)</sup>  | 33 | 33 |
| Freddie Mac Pool #QX1087 6.00% 12/1/2054 <sup>(a)</sup>  | 24 | 25 |
| Freddie Mac Pool #QX2588 6.50% 12/1/2054 <sup>(a)</sup>  | 961 | 1005 |
| Freddie Mac Pool #SD8494 5.50% 1/1/2055 <sup>(a)</sup>  | 8 | 8 |
| Freddie Mac Pool #SD8496 6.00% 1/1/2055 <sup>(a)</sup>  | 13422 | 13722 |
| Freddie Mac Pool #QX4065 6.00% 1/1/2055 <sup>(a)</sup>  | 2794 | 2856 |
| Freddie Mac Pool #RJ3264 4.50% 2/1/2055 <sup>(a)</sup>  | 8246 | 7940 |
| Freddie Mac Pool #SD8505 5.00% 2/1/2055 <sup>(a)</sup>  | 97 | 96 |
| Freddie Mac Pool #SD8506 5.50% 2/1/2055 <sup>(a)</sup>  | 3 | 3 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(a)</sup>  | 9449 | 9661 |
| Freddie Mac Pool #SL0797 6.00% 2/1/2055 <sup>(a)</sup>  | 7430 | 7641 |
| Freddie Mac Pool #QX6717 6.00% 2/1/2055 <sup>(a)</sup>  | 70 | 72 |
| Freddie Mac Pool #QX6698 6.50% 2/1/2055 <sup>(a)</sup>  | 394 | 408 |
| Freddie Mac Pool #SL0585 5.50% 3/1/2055 <sup>(a)</sup>  | 353 | 355 |
| Freddie Mac Pool #SD8515 5.50% 3/1/2055 <sup>(a)</sup>  | 333 | 335 |
| Freddie Mac Pool #SD8516 6.00% 3/1/2055 <sup>(a)</sup>  | 9423 | 9633 |
| Freddie Mac Pool #SL0924 6.00% 3/1/2055 <sup>(a)</sup>  | 1079 | 1103 |
| Freddie Mac Pool #QX8785 6.50% 3/1/2055 <sup>(a)</sup>  | 2299 | 2385 |
| Freddie Mac Pool #SL1094 5.00% 4/1/2055 <sup>(a)</sup>  | 658 | 649 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(a)</sup>  | 23363 | 23880 |
| Freddie Mac Pool #SL0796 6.00% 4/1/2055 <sup>(a)</sup>  | 8049 | 8228 |
| Freddie Mac Pool #SL1416 6.00% 4/1/2055 <sup>(a)</sup>  | 6241 | 6383 |
| Freddie Mac Pool #SL1413 6.00% 4/1/2055 <sup>(a)</sup>  | 133 | 136 |
| Freddie Mac Pool #QY2186 6.50% 4/1/2055 <sup>(a)</sup>  | 4077 | 4228 |
| Freddie Mac Pool #SD8532 5.00% 5/1/2055 <sup>(a)</sup>  | 1350 | 1332 |

---

---

| | |
|:---|:---|
| **14** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(a)</sup>  | USD23,442 | $23960 |
| Freddie Mac Pool #QY3449 6.00% 5/1/2055 <sup>(a)</sup>  | 2081 | 2127 |
| Freddie Mac Pool #SL1138 6.00% 5/1/2055 <sup>(a)</sup>  | 1343 | 1373 |
| Freddie Mac Pool #SL1137 6.00% 5/1/2055 <sup>(a)</sup>  | 1236 | 1264 |
| Freddie Mac Pool #RQ0010 4.00% 6/1/2055 <sup>(a)</sup>  | 1047 | 978 |
| Freddie Mac Pool #RQ0012 5.00% 6/1/2055 <sup>(a)</sup>  | 1813 | 1789 |
| Freddie Mac Pool #RQ0013 5.50% 6/1/2055 <sup>(a)</sup>  | 1521 | 1531 |
| Freddie Mac Pool #QY6303 6.00% 6/1/2055 <sup>(a)</sup>  | 50089 | 51196 |
| Freddie Mac Pool #RQ0028 6.00% 7/1/2055 <sup>(a)</sup>  | 149433 | 152737 |
| Freddie Mac Pool #QY7786 6.00% 7/1/2055 <sup>(a)</sup>  | 23368 | 23896 |
| Freddie Mac Pool #QY8178 6.00% 7/1/2055 <sup>(a)</sup>  | 526 | 539 |
| Freddie Mac Pool #RQ0041 6.00% 8/1/2055 <sup>(a)</sup>  | 923 | 943 |
| Freddie Mac Pool #RQ0050 6.00% 9/1/2055 <sup>(a)</sup>  | 17 | 17 |
| Freddie Mac, Series K749, Class AM, 2.12% 6/25/2029 <sup>(a)</sup>  | 2069 | 1937 |
| Freddie Mac, Series T041, Class 3A, 4.429% 7/25/2032 <sup>(a)(c)</sup>  | 100 | 93 |
| Freddie Mac, Series K053, Class A2, Multi Family, 2.995% 12/25/2025 <sup>(a)</sup>  | 785 | 781 |
| Freddie Mac, Series K056, Class A2, Multi Family, 2.525% 5/25/2026 <sup>(a)</sup>  | 966 | 954 |
| Freddie Mac, Series K061, Class A2, Multi Family, 3.347% 11/25/2026 <sup>(a)(c)</sup>  | 959 | 948 |
| Freddie Mac, Series K082, Class A2, Multi Family, 3.92% 9/25/2028 <sup>(a)(c)</sup>  | 3000 | 3000 |
| Freddie Mac, Series K515, Class A2, Multi Family, 5.40% 1/25/2029 <sup>(a)</sup>  | 22724 | 23624 |
| Freddie Mac, Series K090, Class A2, Multi Family, 3.422% 2/25/2029 <sup>(a)</sup>  | 5000 | 4919 |
| Freddie Mac, Series K749, Class A2, Multi Family, 2.12% 6/25/2029 <sup>(a)</sup>  | 2113 | 1993 |
| Freddie Mac, Series K751, Class A2, Multi Family, 4.412% 3/25/2030 <sup>(a)</sup>  | 44953 | 45609 |
| Freddie Mac, Series K755, Class A2, Multi Family, 5.203% 2/25/2031 <sup>(a)</sup>  | 13009 | 13651 |
| Freddie Mac, Series K144, Class A2, Multi Family, 2.45% 4/25/2032 <sup>(a)</sup>  | 5358 | 4807 |
| Freddie Mac, Series K143, Class A2, Multi Family, 2.35% 6/25/2032 <sup>(a)</sup>  | 4990 | 4459 |
| Freddie Mac, Series K144, Class AM, Multi Family, 2.45% 7/25/2032 <sup>(a)</sup>  | 3000 | 2681 |
| Freddie Mac, Series K144, Class A2, Multi Family, 2.45% 7/25/2032 <sup>(a)</sup>  | 2536 | 2277 |
| Freddie Mac, Series K105, Class A2, Multi Family, 1.872% 3/25/2053 <sup>(a)</sup>  | 52 | 48 |
| Freddie Mac, Series 3171, Class MO, principal only, 0% 6/15/2036 <sup>(a)</sup>  | 180 | 164 |
| Freddie Mac, Series 3213, Class OG, principal only, 0% 9/15/2036 <sup>(a)</sup>  | 114 | 107 |
| Freddie Mac, Series 3292, Class BO, principal only, 0% 3/15/2037 <sup>(a)</sup>  | 55 | 47 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 1/25/2056 <sup>(a)(c)</sup>  | 4617 | 4350 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class MT, 3.00% 7/25/2056 <sup>(a)</sup>  | 4925 | 4239 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HT, 3.25% 7/25/2056 <sup>(a)</sup>  | 990 | 880 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 8/25/2056 <sup>(a)</sup>  | 4914 | 4606 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 8/25/2056 <sup>(a)(c)</sup>  | 4696 | 4407 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-1, Class HT, 3.00% 5/25/2057 <sup>(a)</sup>  | 5186 | 4448 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 6/25/2057 <sup>(a)(c)</sup>  | 4988 | 4527 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 6/25/2057 <sup>(a)</sup>  | 2606 | 2380 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA, 3.50% 8/25/2057 <sup>(a)</sup>  | 13925 | 13533 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MT, 3.50% 11/25/2057 <sup>(a)</sup>  | 6389 | 5740 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-1, Class MT, 3.50% 7/25/2058 <sup>(a)</sup>  | 6720 | 5989 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-1, Class MA, 3.50% 7/25/2058 <sup>(a)</sup>  | 2199 | 2136 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MT, 3.50% 8/26/2058 <sup>(a)</sup>  | 2288 | 2045 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-3, Class MT, 3.50% 10/25/2058 <sup>(a)</sup>  | 1920 | 1723 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-3, Class MA, 3.50% 10/25/2058 <sup>(a)</sup>  | 445 | 432 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-4, Class MA, 3.00% 2/25/2059 <sup>(a)</sup>  | 3210 | 2990 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2024-1, Class MT, 3.00% 11/25/2063 <sup>(a)</sup>  | 18023 | 15242 |
| Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2024-2, Class MT, 3.50% 5/25/2064 <sup>(a)</sup>  | 11388 | 9861 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-1, Class A1, 3.50% 6/25/2028 <sup>(a)</sup>  | 724 | 708 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 11/25/2028 <sup>(a)</sup>  | 10008 | 9804 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-2, Class A1C, 2.75% 9/25/2029 <sup>(a)</sup>  | 24339 | 23279 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-3, Class A1C, 2.75% 11/25/2029 <sup>(a)</sup>  | 13689 | 13078 |
| Government National Mortgage Assn. 2.50% 9/1/2055 <sup>(a)(d)</sup>  | 2960 | 2524 |
| Government National Mortgage Assn. 5.50% 9/1/2055 <sup>(a)(d)</sup>  | 9695 | 9769 |
| Government National Mortgage Assn. Pool #5306 4.50% 2/20/2042 <sup>(a)</sup>  | 5 | 5 |
| Government National Mortgage Assn. Pool #MA4511 4.00% 6/20/2047 <sup>(a)</sup>  | 12820 | 12161 |
| Government National Mortgage Assn. Pool #MA5332 5.00% 7/20/2048 <sup>(a)</sup>  | 2 | 2 |
| Government National Mortgage Assn. Pool #MA6042 5.00% 7/20/2049 <sup>(a)</sup>  | 4 | 4 |
| Government National Mortgage Assn. Pool #MA6217 2.50% 10/20/2049 <sup>(a)</sup>  | 36 | 31 |
| Government National Mortgage Assn. Pool #MA7051 2.00% 12/20/2050 <sup>(a)</sup>  | 46393 | 38050 |
| Government National Mortgage Assn. Pool #MA7534 2.50% 8/20/2051 <sup>(a)</sup>  | 24664 | 21049 |
| Government National Mortgage Assn. Pool #785607 2.50% 8/20/2051 <sup>(a)</sup>  | 6159 | 5210 |
| Government National Mortgage Assn. Pool #785575 2.50% 8/20/2051 <sup>(a)</sup>  | 4532 | 3824 |
| Government National Mortgage Assn. Pool #785659 2.50% 10/20/2051 <sup>(a)</sup>  | 5585 | 4724 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **15** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** | **Federal agency mortgage-backed obligations (continued)** |
| Government National Mortgage Assn. Pool #785847 2.50% 1/20/2052 <sup>(a)</sup>  | USD5,489 | $4643 |
| Government National Mortgage Assn. Pool #MA7881 2.50% 2/20/2052 <sup>(a)</sup>  | 579 | 494 |
| Government National Mortgage Assn. Pool #MA7937 3.00% 3/20/2052 <sup>(a)</sup>  | 14993 | 13292 |
| Government National Mortgage Assn. Pool #MA7987 2.50% 4/20/2052 <sup>(a)</sup>  | 4275 | 3649 |
| Government National Mortgage Assn. Pool #MA7988 3.00% 4/20/2052 <sup>(a)</sup>  | 11365 | 10076 |
| Government National Mortgage Assn. Pool #MA8099 3.50% 6/20/2052 <sup>(a)</sup>  | 2553 | 2333 |
| Government National Mortgage Assn. Pool #MA8151 4.50% 7/20/2052 <sup>(a)</sup>  | 343 | 333 |
| Government National Mortgage Assn. Pool #MA8266 3.50% 9/20/2052 <sup>(a)</sup>  | 14321 | 13081 |
| Government National Mortgage Assn. Pool #MA8346 4.00% 10/20/2052 <sup>(a)</sup>  | 1265 | 1190 |
| Government National Mortgage Assn. Pool #MA9015 4.50% 7/20/2053 <sup>(a)</sup>  | 27875 | 26986 |
| Government National Mortgage Assn. Pool #MA9776 4.00% 7/20/2054 <sup>(a)</sup>  | 1440 | 1351 |
| Government National Mortgage Assn. Pool #MB0024 4.50% 11/20/2054 <sup>(a)</sup>  | 5809 | 5600 |
| Government National Mortgage Assn. Pool #MB0147 5.50% 1/20/2055 <sup>(a)</sup>  | 51995 | 52426 |
| Government National Mortgage Assn. Pool #MB0205 5.50% 2/20/2055 <sup>(a)</sup>  | 3260 | 3287 |
| Government National Mortgage Assn. Pool #MB0366 5.50% 5/20/2055 <sup>(a)</sup>  | 14000 | 14116 |
| Government National Mortgage Assn. Pool #MB0424 5.50% 6/20/2055 <sup>(a)</sup>  | 39996 | 40328 |
| Government National Mortgage Assn. Pool #MB0485 5.50% 7/20/2055 <sup>(a)</sup>  | 9290 | 9367 |
| Government National Mortgage Assn., Series 2021-2, Class AH, 1.50% 6/16/2063 <sup>(a)</sup>  | 9896 | 7384 |
| Uniform Mortgage-Backed Security 2.00% 9/1/2040 <sup>(a)(d)</sup>  | 9550 | 8765 |
| Uniform Mortgage-Backed Security 3.00% 9/1/2040 <sup>(a)(d)</sup>  | 1421 | 1359 |
| Uniform Mortgage-Backed Security 4.00% 9/1/2040 <sup>(a)(d)</sup>  | 3563 | 3498 |
| Uniform Mortgage-Backed Security 5.50% 9/1/2040 <sup>(a)(d)</sup>  | 3652 | 3734 |
| Uniform Mortgage-Backed Security 4.00% 10/1/2040 <sup>(a)(d)</sup>  | 4438 | 4356 |
| Uniform Mortgage-Backed Security 2.00% 9/1/2055 <sup>(a)(d)</sup>  | 16693 | 13262 |
| Uniform Mortgage-Backed Security 2.50% 9/1/2055 <sup>(a)(d)</sup>  | 11184 | 9288 |
| Uniform Mortgage-Backed Security 3.50% 9/1/2055 <sup>(a)(d)</sup>  | 51773 | 46778 |
| Uniform Mortgage-Backed Security 4.00% 9/1/2055 <sup>(a)(d)</sup>  | 5889 | 5496 |
| Uniform Mortgage-Backed Security 4.50% 9/1/2055 <sup>(a)(d)</sup>  | 165 | 159 |
| Uniform Mortgage-Backed Security 5.50% 9/1/2055 <sup>(a)(d)</sup>  | 670 | 674 |
| Uniform Mortgage-Backed Security 6.00% 9/1/2055 <sup>(a)(d)</sup>  | 22 | 23 |
| Uniform Mortgage-Backed Security 6.50% 9/1/2055 <sup>(a)(d)</sup>  | 111218 | 115270 |
| Uniform Mortgage-Backed Security 7.00% 9/1/2055 <sup>(a)(d)</sup>  | 52735 | 55483 |
| Uniform Mortgage-Backed Security 2.50% 10/1/2055 <sup>(a)(d)</sup>  | 63386 | 52631 |
| Uniform Mortgage-Backed Security 3.50% 10/1/2055 <sup>(a)(d)</sup>  | 76749 | 69317 |
| Uniform Mortgage-Backed Security 4.50% 10/1/2055 <sup>(a)(d)</sup>  | 18758 | 18027 |
| Uniform Mortgage-Backed Security 6.00% 10/1/2055 <sup>(a)(d)</sup>  | 192 | 196 |
| Uniform Mortgage-Backed Security 6.50% 10/1/2055 <sup>(a)(d)</sup>  | 843298 | 873523 |
| Uniform Mortgage-Backed Security 7.00% 10/1/2055 <sup>(a)(d)</sup>  | 119133 | 125336 |
|  |  | 7436924 |
| **Commercial mortgage-backed securities 4.92%** | **Commercial mortgage-backed securities 4.92%** | **Commercial mortgage-backed securities 4.92%** |
| ALA Trust, Series 2025-OANA, Class A, (1-month USD CME Term SOFR + 1.743%) 6.107% 6/15/2040 <sup>(a)(c)(e)</sup>  | 1840 | 1851 |
| American Homes 4 Rent, Series 2015-SFR2, Class A, 3.732% 10/17/2052 <sup>(a)(e)</sup>  | 17947 | 17895 |
| American Homes 4 Rent, Series 2015-SFR2, Class B, 4.295% 10/17/2052 <sup>(a)(e)</sup>  | 4022 | 4011 |
| AMSR Trust, Series 2021-SFR3, Class A, 1.476% 10/17/2038 <sup>(a)(e)</sup>  | 2972 | 2873 |
| AMSR Trust, Series 2023-SFR2, Class A, 3.95% 6/17/2040 <sup>(a)(e)</sup>  | 2286 | 2261 |
| AMSR Trust, Series 2025-SFR1, Class A, 3.655% 6/17/2042 <sup>(a)(e)</sup>  | 5160 | 4960 |
| ARES Commercial Mortgage Trust, Series 24-IND, Class A, (1-month USD CME Term SOFR + 1.69%) 6.055% <br> 7/15/2041 <sup>(a)(c)(e)</sup>  | 3580 | 3598 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class A, 5.59% 11/10/2029 <sup>(a)(c)(e)</sup>  | 8416 | 8591 |
| Banc of America Commercial Mortgage, Inc., Series 2015-UBS7, Class A4, 3.705% 9/15/2048 <sup>(a)</sup>  | 3010 | 3003 |
| Bank Commercial Mortgage Trust, Series 2024-BNK48, Class AS, 5.355% 10/15/2034 <sup>(a)(c)</sup>  | 3447 | 3468 |
| Bank Commercial Mortgage Trust, Series 2017-BNK4, Class A3, 3.362% 5/15/2050 <sup>(a)</sup>  | 11474 | 11330 |
| Bank Commercial Mortgage Trust, Series 2022-BNK43, Class A5, 4.399% 8/15/2055 <sup>(a)</sup>  | 1490 | 1460 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class A5, 5.203% 2/15/2056 <sup>(a)</sup>  | 770 | 789 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class A3, 6.26% 4/15/2056 <sup>(a)(c)</sup>  | 2661 | 2775 |
| Bank Commercial Mortgage Trust, Series 2023-5YR3, Class AS, 7.559% 9/15/2056 <sup>(a)(c)</sup>  | 3909 | 4205 |
| Bank Commercial Mortgage Trust, Series 2024-5YR9, Class A3, 5.614% 8/15/2057 <sup>(a)</sup>  | 12415 | 12968 |
| Bank Commercial Mortgage Trust, Series 2024-5YR8, Class A3, 5.884% 8/15/2057 <sup>(a)</sup>  | 2360 | 2485 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class A3, 5.893% 11/15/2057 <sup>(a)</sup>  | 18088 | 19092 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class AS, 6.139% 11/15/2057 <sup>(a)</sup>  | 2509 | 2628 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class A3, 5.902% 12/15/2057 <sup>(a)(c)</sup>  | 6956 | 7337 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class AS, 6.122% 12/15/2057 <sup>(a)(c)</sup>  | 3272 | 3433 |
| Bank Commercial Mortgage Trust, Series 2025-5YR14, Class A3, 5.646% 4/15/2058 <sup>(a)</sup>  | 14000 | 14698 |
| Bank Commercial Mortgage Trust, Series 2019-BN19, Class A3, 3.183% 8/15/2061 <sup>(a)</sup>  | 9814 | 9238 |

---

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| | |
|:---|:---|
| **16** | Intermediate Bond Fund of America |

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------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Commercial mortgage-backed securities (continued)** | **Commercial mortgage-backed securities (continued)** | **Commercial mortgage-backed securities (continued)** |
| Bank Commercial Mortgage Trust, Series 2019-BN18, Class A4, 3.584% 5/15/2062 <sup>(a)</sup>  | USD7,587 | $7259 |
| Bank Commercial Mortgage Trust, Series 2020-BN26, Class A4, 2.403% 3/15/2063 <sup>(a)</sup>  | 2157 | 1968 |
| Barclays Commercial Mortgage Securities, LLC, Series 2018-TALL, Class A, ((1-month USD CME Term SOFR + <br> 0.047%) + 0.872%) 5.282% 3/15/2037 <sup>(a)(c)(e)</sup>  | 2539 | 2416 |
| Barclays Commercial Mortgage Securities, LLC, Series 2022-C16, Class A5, 4.60% 6/15/2055 <sup>(a)(c)</sup>  | 560 | 556 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C19, Class A5, 5.451% 4/15/2056 <sup>(a)</sup>  | 3627 | 3787 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C21, Class A5, 6.00% 9/15/2056 <sup>(a)(c)</sup>  | 2300 | 2479 |
| Barclays Commercial Mortgage Securities, LLC, Series 23-5C23, Class AS, 7.703% 12/15/2056 <sup>(a)(c)</sup>  | 777 | 837 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C31, Class AS, 5.852% 12/15/2057 <sup>(a)</sup>  | 3130 | 3245 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class A3, 5.659% 5/15/2058 <sup>(a)</sup>  | 3552 | 3741 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class B, 6.542% 5/15/2058 <sup>(a)(c)</sup>  | 197 | 208 |
| Benchmark Mortgage Trust, Series 2018-B2, Class A5, 3.882% 2/15/2051 <sup>(a)(c)</sup>  | 4180 | 4122 |
| Benchmark Mortgage Trust, Series 2018-B3, Class AS, 4.195% 4/10/2051 <sup>(a)(c)</sup>  | 8784 | 8429 |
| Benchmark Mortgage Trust, Series 2019-B9, Class A5, 4.016% 3/15/2052 <sup>(a)</sup>  | 5140 | 5045 |
| Benchmark Mortgage Trust, Series 2020-B17, Class A5, 2.289% 3/15/2053 <sup>(a)</sup>  | 2202 | 1977 |
| Benchmark Mortgage Trust, Series 2018-B7, Class A4, 4.51% 5/15/2053 <sup>(a)(c)</sup>  | 2872 | 2882 |
| Benchmark Mortgage Trust, Series 2020-B19, Class A5, 1.85% 9/15/2053 <sup>(a)</sup>  | 12968 | 11354 |
| Benchmark Mortgage Trust, Series 2020-B20, Class A5, 2.034% 10/15/2053 <sup>(a)</sup>  | 2500 | 2182 |
| Benchmark Mortgage Trust, Series 2020-B21, Class AS, 2.254% 12/17/2053 <sup>(a)</sup>  | 2000 | 1744 |
| Benchmark Mortgage Trust, Series 2021-B23, Class A5, 2.07% 2/15/2054 <sup>(a)</sup>  | 1500 | 1304 |
| Benchmark Mortgage Trust, Series 2021-B25, Class A5, 2.577% 4/15/2054 <sup>(a)</sup>  | 16713 | 14922 |
| Benchmark Mortgage Trust, Series 2021-B27, Class A5, 2.39% 7/15/2054 <sup>(a)</sup>  | 10274 | 9067 |
| Benchmark Mortgage Trust, Series 2022-B34, Class A5, 3.786% 4/15/2055 <sup>(a)(c)</sup>  | 2319 | 2161 |
| Benchmark Mortgage Trust, Series 2025-V14, Class A4, 5.66% 4/15/2057 <sup>(a)</sup>  | 7861 | 8254 |
| Benchmark Mortgage Trust, Series 2024-V8, Class A3, 6.189% 7/15/2057 <sup>(a)</sup>  | 3974 | 4220 |
| Benchmark Mortgage Trust, Series 2019-B13, Class A4, 2.952% 8/15/2057 <sup>(a)</sup>  | 1650 | 1559 |
| Benchmark Mortgage Trust, Series 2024-V9, Class A3, 5.602% 8/15/2057 <sup>(a)</sup>  | 15676 | 16340 |
| Benchmark Mortgage Trust, Series 2024-V9, Class AS, 6.064% 8/15/2057 <sup>(a)(c)</sup>  | 1000 | 1044 |
| Benchmark Mortgage Trust, Series 2024-V10, Class A3, 5.277% 9/15/2057 <sup>(a)</sup>  | 1058 | 1092 |
| Benchmark Mortgage Trust, Series 2024-V11, Class A3, 5.909% 11/15/2057 <sup>(a)</sup>  | 4250 | 4483 |
| Benchmark Mortgage Trust, Series 2024-V11, Class AM, 6.201% 11/15/2057 <sup>(a)</sup>  | 2316 | 2433 |
| Benchmark Mortgage Trust, Series 2025-V14, Class AM, 6.09% 4/15/2058 <sup>(a)</sup>  | 552 | 578 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, (1-month USD CME Term SOFR + 1.342%) 5.705% <br> 3/15/2041 <sup>(a)(c)(e)</sup>  | 7940 | 7963 |
| BMO Mortgage Trust, Series 2022-C2, Class A5, 4.974% 7/15/2054 <sup>(a)(c)</sup>  | 1830 | 1856 |
| BMO Mortgage Trust, Series 2023-C5, Class A5, 5.765% 6/15/2056 <sup>(a)</sup>  | 1328 | 1395 |
| BMO Mortgage Trust, Series 2023-5C1, Class A3, 6.534% 8/15/2056 <sup>(a)(c)</sup>  | 1768 | 1864 |
| BMO Mortgage Trust, Series 2023-5C1, Class AS, 7.355% 8/15/2056 <sup>(a)(c)</sup>  | 2661 | 2833 |
| BMO Mortgage Trust, Series 2023-C6, Class A5, 5.956% 9/15/2056 <sup>(a)(c)</sup>  | 1240 | 1319 |
| BMO Mortgage Trust, Series 2023-C6, Class AS, 6.55% 9/15/2056 <sup>(a)(c)</sup>  | 5500 | 5918 |
| BMO Mortgage Trust, Series 2024-5C3, Class AS, 6.286% 2/15/2057 <sup>(a)(c)</sup>  | 3648 | 3815 |
| BMO Mortgage Trust, Series 2024-5C5, Class AS, 6.364% 2/15/2057 <sup>(a)(c)</sup>  | 7389 | 7794 |
| BMO Mortgage Trust, Series 2024-C8, Class A5, 5.598% 3/15/2057 <sup>(a)(c)</sup>  | 800 | 843 |
| BMO Mortgage Trust, Series 2024-5C6, Class A3, 5.316% 9/15/2057 <sup>(a)</sup>  | 7016 | 7234 |
| BMO Mortgage Trust, Series 2024-5C8, Class A3, 5.625% 12/15/2057 <sup>(a)(c)</sup>  | 5990 | 6261 |
| BMO Mortgage Trust, Series 2024-5C8, Class AS, 5.94% 12/15/2057 <sup>(a)(c)</sup>  | 5450 | 5686 |
| BMO Mortgage Trust, Series 2025-5C9, Class A3, 5.779% 4/15/2058 <sup>(a)</sup>  | 11037 | 11598 |
| BMO Mortgage Trust, Series 2025-5C9, Class AS, 6.165% 4/15/2058 <sup>(a)(c)</sup>  | 743 | 782 |
| Boca Commercial Mortgage Trust, Series 2024-BOCA, Class A, (1-month USD CME Term SOFR + 1.921%) 6.284% <br> 8/15/2041 <sup>(a)(c)(e)</sup>  | 17000 | 17102 |
| BX Commercial Mortgage Trust, Series 2024-GPA3, Class A, (1-month USD CME Term SOFR + 1.293%) 5.657% <br> 12/15/2039 <sup>(a)(c)(e)</sup>  | 7940 | 7972 |
| BX Trust, Series 2022-CSMO, Class A, (1-month USD CME Term SOFR + 2.115%) 6.478% 6/15/2027 <sup>(a)(c)(e)</sup>  | 27203 | 27393 |
| BX Trust, Series 2024-CNYN, Class A, (1-month USD CME Term SOFR + 1.442%) 5.805% 4/15/2029 <sup>(a)(c)(e)</sup>  | 9755 | 9791 |
| BX Trust, Series 2024-KING, Class A, (1-month USD CME Term SOFR + 1.541%) 5.904% 5/15/2034 <sup>(a)(c)(e)</sup>  | 6114 | 6123 |
| BX Trust, Series 2021-SDMF, Class A, (1-month USD CME Term SOFR + 0.703%) 5.067% 9/15/2034 <sup>(a)(c)(e)</sup>  | 36831 | 36771 |
| BX Trust, Series 2021-VOLT, Class A, (1-month USD CME Term SOFR + 0.814%) 5.178% 9/15/2036 <sup>(a)(c)(e)</sup>  | 48987 | 48925 |
| BX Trust, Series 2021-VOLT, Class B, (1-month USD CME Term SOFR + 1.064%) 5.428% 9/15/2036 <sup>(a)(c)(e)</sup>  | 4930 | 4917 |
| BX Trust, Series 2021-ARIA, Class A, (1-month USD CME Term SOFR + 1.014%) 5.377% 10/15/2036 <sup>(a)(c)(e)</sup>  | 47790 | 47803 |
| BX Trust, Series 2022-IND, Class A, (1-month USD CME Term SOFR + 1.491%) 5.854% 4/15/2037 <sup>(a)(c)(e)</sup>  | 7908 | 7917 |
| BX Trust, Series 2021-SOAR, Class A, (1-month USD CME Term SOFR + 0.784%) 5.148% 6/15/2038 <sup>(a)(c)(e)</sup>  | 17300 | 17297 |
| BX Trust, Series 2021-SOAR, Class B, (1-month USD CME Term SOFR + 0.984%) 5.348% 6/15/2038 <sup>(a)(c)(e)</sup>  | 5368 | 5368 |
| BX Trust, Series 2021-SOAR, Class C, (1-month USD CME Term SOFR + 1.214%) 5.578% 6/15/2038 <sup>(a)(c)(e)</sup>  | 2693 | 2693 |
| BX Trust, Series 2021-ACNT, Class A, (1-month USD CME Term SOFR + 0.964%) 5.328% 11/15/2038 <sup>(a)(c)(e)</sup>  | 19640 | 19639 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 5.353% 2/15/2039 <sup>(a)(c)(e)</sup>  | 18217 | 18217 |
| BX Trust, Series 2024-AIRC, Class A, (1-month USD CME Term SOFR + 1.691%) 6.055% 8/15/2039 <sup>(a)(c)(e)</sup>  | 22701 | 22811 |

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **17** |

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---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Commercial mortgage-backed securities (continued)** | **Commercial mortgage-backed securities (continued)** | **Commercial mortgage-backed securities (continued)** |
| BX Trust, Series 2024-BIO2, Class A, 5.594% 8/13/2041 <sup>(a)(c)(e)</sup>  | USD21,869 | $22294 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(a)(e)</sup>  | 14225 | 14752 |
| BXP Trust, Series 2017-GM, Class A, 3.379% 6/13/2039 <sup>(a)(e)</sup>  | 9331 | 9104 |
| CALI Mortgage Trust, Series 24-SUN, Class A, (1-month USD CME Term SOFR + 1.89%) 6.254% 7/15/2041 <sup>(a)(c)(e)</sup>  | 7266 | 7293 |
| CALI Mortgage Trust, Series 24-SUN, Class B, (1-month USD CME Term SOFR + 2.34%) 6.704% 7/15/2041 <sup>(a)(c)(e)</sup>  | 3787 | 3805 |
| CART, Series 2024-DFW1, Class A, (1-month USD CME Term SOFR + 1.642%) 6.005% 8/15/2041 <sup>(a)(c)(e)</sup>  | 11554 | 11564 |
| CD Commercial Mortgage Trust, Series 2017-CD3, Class A4, 3.631% 2/10/2050 <sup>(a)</sup>  | 2000 | 1937 |
| CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(a)</sup>  | 9983 | 9785 |
| Citigroup Commercial Mortgage Trust, Series 2023-PRM3, Class A, 6.36% 7/10/2028 <sup>(a)(c)(e)</sup>  | 14000 | 14659 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class A, 6.015% 10/12/2040 <sup>(a)(c)(e)</sup>  | 67170 | 69446 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 2/10/2049 <sup>(a)</sup>  | 715 | 709 |
| Citigroup Commercial Mortgage Trust, Series 2017-C4, Class A4, 3.471% 10/12/2050 <sup>(a)</sup>  | 2500 | 2457 |
| Commercial Mortgage Trust, Series 2016-COR1, Class A4, 3.091% 10/10/2049 <sup>(a)</sup>  | 5975 | 5879 |
| Commercial Mortgage Trust, Series 2017-COR2, Class A2, 3.239% 9/10/2050 <sup>(a)</sup>  | 851 | 833 |
| Commercial Mortgage Trust, Series 2019-GC44, Class AM, 3.263% 8/15/2057 <sup>(a)</sup>  | 510 | 475 |
| CSAIL Commercial Mortgage Trust, Series 2015-C4, Class C, 4.929% 11/18/2048 <sup>(a)(c)</sup>  | 138 | 137 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX9, Class A4, 3.176% 9/15/2050 <sup>(a)</sup>  | 2330 | 2280 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.191% 11/15/2050 <sup>(a)</sup>  | 248 | 242 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A5, 3.458% 11/15/2050 <sup>(a)(c)</sup>  | 1000 | 968 |
| CSAIL Commercial Mortgage Trust, Series 2019-C17, Class A5, 3.016% 9/15/2052 <sup>(a)</sup>  | 3000 | 2819 |
| DATA 2023-CNTR Mortgage Trust, Series 2023-CNTR, Class A, 5.919% 8/12/2043 <sup>(a)(c)(e)</sup>  | 11000 | 11263 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class A, 6.314% 9/10/2040 <sup>(a)(e)</sup>  | 9316 | 9689 |
| Deutsche Bank Commercial Mortgage Trust, Series 2016-C1, Class AM, 3.539% 5/10/2049 <sup>(a)</sup>  | 150 | 147 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% 8/10/2042 <sup>(a)(c)(e)</sup>  | 15962 | 16271 |
| Ellington Financial Mortgage Trust, Series 2023-1, Class A1, 5.732% 2/25/2068 (6.732% on 1/1/2027) <sup>(a)(e)(f)</sup>  | 3287 | 3283 |
| ELM Trust 2024, Series 2024-ELM, Class A10, 5.801% 6/10/2039 <sup>(a)(c)(e)</sup>  | 6570 | 6640 |
| ELM Trust 2024, Series 2024-ELM, Class A15, 5.994% 6/10/2039 <sup>(a)(c)(e)</sup>  | 7231 | 7287 |
| Extended Stay America Trust, Series 2021-ESH, Class A, (1-month USD CME Term SOFR + 1.194%) 5.558% <br> 7/15/2038 <sup>(a)(c)(e)</sup>  | 23066 | 23078 |
| Extended Stay America Trust, Series 2021-ESH, Class B, (1-month USD CME Term SOFR + 1.494%) 5.858% <br> 7/15/2038 <sup>(a)(c)(e)</sup>  | 2445 | 2447 |
| FirstKey Homes Trust, Series 2020-SFR2, Class A, 1.266% 10/19/2037 <sup>(a)(e)</sup>  | 17639 | 17508 |
| FIVE Mortgage Trust, Series 2023-V1, Class A3, 5.668% 2/10/2056 <sup>(a)</sup>  | 10941 | 11240 |
| Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class A, (1-month USD CME Term SOFR + 1.45%) 5.813% <br> 12/15/2029 <sup>(a)(c)(e)</sup>  | 4001 | 4008 |
| FS Commercial Trust, Series 2023-4SZN, Class A, 7.066% 11/10/2039 <sup>(a)(e)</sup>  | 7270 | 7439 |
| FS Trust, Series 2024-HULA, Class A, (1-month USD CME Term SOFR + 1.811%) 6.174% 8/15/2039 <sup>(a)(c)(e)</sup>  | 18000 | 18095 |
| Great Wolf Trust, Series 2024-WLF2, Class A, (1-month USD CME Term SOFR + 1.691%) 6.054% 5/15/2041 <sup>(a)(c)(e)</sup>  | 14461 | 14543 |
| GS Mortgage Securities Trust, Series 2023-SHIP, Class B, 5.101% 9/15/2038 <sup>(a)(c)(e)</sup>  | 1548 | 1547 |
| GS Mortgage Securities Trust, Series 2024-70P, Class A, 5.487% 3/10/2041 <sup>(a)(c)(e)</sup>  | 4789 | 4846 |
| GS Mortgage Securities Trust, Series 2014-GC24, Class A5, 3.931% 9/10/2047 <sup>(a)</sup>  | 7 | 7 |
| GS Mortgage Securities Trust, Series 2016-GS4, Class A3, 3.178% 11/10/2049 <sup>(a)</sup>  | 2059 | 2032 |
| GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(a)</sup>  | 1663 | 1644 |
| GS Mortgage Securities Trust, Series 2017-GS7, Class A4, 3.43% 8/10/2050 <sup>(a)</sup>  | 4830 | 4719 |
| GS Mortgage Securities Trust, Series 2020-GC47, Class A5, 2.377% 5/12/2053 <sup>(a)</sup>  | 1809 | 1657 |
| GS Mortgage Securities Trust, Series 2020-GSA2, Class A5, 2.012% 12/12/2053 <sup>(a)</sup>  | 2975 | 2621 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class A, (1-month USD CME Term SOFR + 1.393%) 5.756% <br>3/15/2042 <sup>(a)(c)(e)</sup>  | 13305 | 13327 |
| Hilton USA Trust, Series 2016-HHV, Class A, 3.719% 11/5/2038 <sup>(a)(e)</sup>  | 795 | 785 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.644% 2/5/2045 <sup>(a)(c)(e)</sup>  | 6995 | 7212 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 6.072% 5/10/2039 <sup>(a)(c)(e)</sup>  | 5246 | 5324 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.649% 1/13/2040 <sup>(a)(c)(e)</sup>  | 27553 | 28559 |
| JPMBB Commercial Mortgage Securities Trust, Series 2014-C26, Class B, 3.951% 1/15/2048 <sup>(a)</sup>  | 3354 | 3215 |
| JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class A, 3.024% 1/5/2039 <sup>(a)(e)</sup>  | 12313 | 11228 |
| JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.377% 1/5/2039 <sup>(a)(e)</sup>  | 1164 | 1039 |
| JPMorgan Chase Commercial Mortgage Securities Trust, Series 2016-JP4, Class A4, 3.648% 12/15/2049 <sup>(a)(c)</sup>  | 1000 | 987 |
| JPMorgan Chase Commercial Mortgage Securities Trust, Series 2017-JP5, Class AS, 3.723% 3/15/2050 <sup>(a)</sup>  | 1000 | 987 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class A, (1-month USD CME Term SOFR + <br> 1.593%) 5.956% 11/15/2039 <sup>(a)(c)(e)</sup>  | 3223 | 3233 |
| LV Trust, Series 2024-SHOW, Class A, 5.274% 10/10/2041 <sup>(a)(c)(e)</sup>  | 11473 | 11656 |
| Manhattan West Mortgage Trust, Series 2020-1MW, Class A, 2.13% 9/10/2039 <sup>(a)(e)</sup>  | 8385 | 7982 |
| MHC Commercial Mortgage Trust, CMO, Series 2021-MHC, Class A, (1-month USD CME Term SOFR + 0.915%) <br> 5.279% 4/15/2038 <sup>(a)(c)(e)</sup>  | 2298 | 2299 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class A4, 3.753% 12/15/2047 <sup>(a)</sup>  | 932 | 930 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS, 3.561% 4/15/2048 <sup>(a)</sup>  | 1000 | 965 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C1, Class AS, 6.011% 3/15/2058 <sup>(a)</sup>  | 6144 | 6414 |

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| | |
|:---|:---|
| **18** | Intermediate Bond Fund of America |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Commercial mortgage-backed securities (continued)** | **Commercial mortgage-backed securities (continued)** | **Commercial mortgage-backed securities (continued)** |
| Morgan Stanley Capital I Trust, Series 2015-UBS8, Class AS, 4.114% 12/15/2048 <sup>(a)</sup>  | USD400 | $396 |
| Morgan Stanley Capital I Trust, Series 2016-UBS9, Class C, 4.761% 3/15/2049 <sup>(a)(c)</sup>  | 138 | 119 |
| Morgan Stanley Capital I Trust, Series 2022-L8, Class A5, 3.918% 4/15/2055 <sup>(a)(c)</sup>  | 420 | 394 |
| Multifamily Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%) <br> 7.098% 7/25/2054 <sup>(a)(c)(e)</sup>  | 982 | 997 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class A, 5.853% 2/10/2047 <sup>(a)(c)(e)</sup>  | 9200 | 9605 |
| One Market Plaza Trust, Series 2017-1MKT, Class A, 3.614% 2/10/2032 <sup>(a)(e)</sup>  | 10751 | 10307 |
| One Market Plaza Trust, Series 2017-1MKT, Class C, 4.016% 2/10/2032 <sup>(a)(e)</sup>  | 1164 | 1088 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class A, (1-month USD CME Term SOFR + 1.392%) 5.755% <br> 5/15/2039 <sup>(a)(c)(e)</sup>  | 5663 | 5669 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) 5.628% <br> 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(a)(e)(f)</sup>  | 24800 | 24650 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class B, (1-month USD CME Term SOFR + 1.614%) 5.978% <br> 5/15/2038 <sup>(a)(c)(e)</sup>  | 2472 | 2454 |
| SREIT Trust, Series 2021-MFP, Class A, (1-month USD CME Term SOFR + 0.845%) 5.208% 11/15/2038 <sup>(a)(c)(e)</sup>  | 31458 | 31457 |
| StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class A, (1-month USD CME Term SOFR + 1.00%) <br> 5.363% 1/15/2039 <sup>(a)(c)(e)</sup>  | 38092 | 38035 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, (1-month USD CME Term SOFR + 1.443%) <br> 5.806% 3/15/2042 <sup>(a)(c)(e)</sup>  | 14350 | 14266 |
| UBS Commercial Mortgage Trust, Series 2017-C2, Class A4, 3.487% 8/15/2050 <sup>(a)</sup>  | 1102 | 1078 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-1918, Class A, 5.575% 9/15/2040 <sup>(a)(c)(e)</sup>  | 3108 | 3138 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class C, 4.236% 5/15/2048 <sup>(a)(c)</sup>  | 9 | 8 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-C31, Class A4, 3.695% 11/15/2048 <sup>(a)</sup>  | 2649 | 2642 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C34, Class A4, 3.096% 6/15/2049 <sup>(a)</sup>  | 9455 | 9324 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5, 3.418% 9/15/2050 <sup>(a)</sup>  | 1851 | 1808 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C40, Class AS, 3.854% 10/15/2050 <sup>(a)(c)</sup>  | 2000 | 1938 |
| Wells Fargo Commercial Mortgage Trust, Series 2018-C46, Class A3, 3.888% 8/15/2051 <sup>(a)</sup>  | 11000 | 10895 |
| Wells Fargo Commercial Mortgage Trust, Series 2022-C62, Class A4, 4.00% 4/15/2055 <sup>(a)(c)</sup>  | 1850 | 1773 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C1, Class AS, 6.52% 7/15/2057 <sup>(a)</sup>  | 740 | 779 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-NXS3, Class D, 3.153% 9/15/2057 <sup>(a)(e)</sup>  | 1000 | 977 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-NXS3, Class B, 4.56% 9/17/2057 <sup>(a)(c)</sup>  | 2250 | 2235 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class A3, 5.92% 11/15/2057 <sup>(a)</sup>  | 4466 | 4721 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class AS, 6.346% 11/15/2057 <sup>(a)(c)</sup>  | 7100 | 7465 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-NXS-2, Class A-5, 3.767% 7/15/2058 <sup>(a)(c)</sup>  | 285 | 284 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-LC22, Class C, 4.842% 9/15/2058 <sup>(a)(c)</sup>  | 1690 | 1588 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C33, Class A4, 3.426% 3/15/2059 <sup>(a)</sup>  | 1000 | 994 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C36, Class A4, 3.065% 11/15/2059 <sup>(a)</sup>  | 5000 | 4892 |
| WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%) <br> 7.152% 11/15/2027 <sup>(a)(c)(e)</sup>  | 19755 | 19844 |
| WSTN Trust, Series 2023-MAUI, Class B, 7.263% 7/5/2037 <sup>(a)(c)(e)</sup>  | 2077 | 2116 |
| WSTN Trust, Series 2023-MAUI, Class C, 7.958% 7/5/2037 <sup>(a)(c)(e)</sup>  | 891 | 907 |
|  |  | 1322971 |
| **Collateralized mortgage-backed obligations (privately originated) 4.33%** | **Collateralized mortgage-backed obligations (privately originated) 4.33%** | **Collateralized mortgage-backed obligations (privately originated) 4.33%** |
| Angel Oak Mortgage Trust, Series 2024-8, Class A1, 5.338% 5/27/2069 (6.338% on 8/1/2028) <sup>(a)(e)(f)</sup>  | 4498 | 4507 |
| Argent Securities, Inc., Series 2005-W2, Class M1, (1-month USD CME Term SOFR + 0.849%) 5.172% <br>10/25/2035 <sup>(a)(c)</sup>  | 322 | 319 |
| Arroyo Mortgage Trust, Series 2021-1R, Class A1, 1.175% 10/25/2048 <sup>(a)(c)(e)</sup>  | 7366 | 6680 |
| Arroyo Mortgage Trust, Series 2019-1, Class A1, 3.805% 1/25/2049 <sup>(a)(c)(e)</sup>  | 2472 | 2420 |
| Arroyo Mortgage Trust, Series 2020-1, Class A1A, 1.662% 3/25/2055 <sup>(a)(e)</sup>  | 769 | 737 |
| Arroyo Mortgage Trust, Series 2022-1, Class A1A, 2.495% 12/25/2056 (3.495% on 2/25/2026) <sup>(a)(e)(f)</sup>  | 9917 | 9571 |
| Atlas SP, Series 2024-RPL1, Class A1, 3.85% 4/25/2064 (4.85% on 8/1/2028) <sup>(a)(e)(f)</sup>  | 10555 | 10249 |
| BINOM Securitization Trust, Series 2022-RPL1, Class A1, 3.00% 2/25/2061 <sup>(a)(c)(e)</sup>  | 12449 | 11716 |
| BRAVO Residential Funding Trust, Series 2020-RPL2, Class A1, 2.00% 5/25/2059 <sup>(a)(c)(e)</sup>  | 4447 | 4197 |
| BRAVO Residential Funding Trust, Series 2020-RPL1, Class A1, 2.50% 5/26/2059 <sup>(a)(c)(e)</sup>  | 2326 | 2286 |
| BRAVO Residential Funding Trust, Series 2022-RPL1, Class A1, 2.75% 9/25/2061 <sup>(a)(e)</sup>  | 1047 | 964 |
| BRAVO Residential Funding Trust, Series 2022-NQM1, Class A1, 3.626% 9/25/2061 (4.626% on 2/25/2026) <sup>(a)(e)(f)</sup>  | 1833 | 1810 |
| BRAVO Residential Funding Trust, Series 2022-NQM2, Class A1, 4.272% 11/25/2061 (5.272% on 5/1/2026) <sup>(a)(e)(f)</sup>  | 800 | 802 |
| BRAVO Residential Funding Trust, Series 2022-NQM3, Class A1, 5.108% 7/25/2062 (6.108% on 9/1/2026) <sup>(a)(e)(f)</sup>  | 11754 | 11733 |
| BRAVO Residential Funding Trust, Series 2023-NQM4, Class A1, 6.435% 5/25/2063 (7.435% on 6/1/2027) <sup>(a)(e)(f)</sup>  | 2372 | 2390 |
| BRAVO Residential Funding Trust, Series 2025-NQM1, Class A1, 5.604% 12/25/2064 <sup>(a)(e)(f)</sup>  | 14280 | 14413 |
| BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on 5/1/2027) <sup>(a)(e)(f)</sup>  | 10085 | 10172 |
| BRAVO Residential Funding Trust, Series 2025-NQM8, Class A1A, 5.082% 6/25/2065 (6.082% on 8/1/2029) <sup>(a)(e)(f)</sup>  | 10000 | 10033 |
| Bunker Hill Loan Depositary Trust, Series 2019-2, Class A3, 3.185% 7/25/2049 <sup>(a)(c)(e)</sup>  | 452 | 442 |
| Cantor Commercial Real Estate Lending, Series 2019-CF1, Class AS, 4.027% 5/15/2052 <sup>(a)</sup>  | 1255 | 1194 |

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **19** |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** |
| Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029 (9.405% on 11/25/2027) <sup>(a)(e)(f)</sup>  | USD8,340 | $8414 |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class A, 4.25% 4/25/2033 <sup>(a)(c)(e)</sup>  | 296 | 295 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(a)(c)(e)</sup>  | 2741 | 2729 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(a)(c)(e)</sup>  | 20924 | 20554 |
| CFCRE Commercial Mortgage Trust, Series 2016-C7, Class A2, 3.585% 12/10/2054 <sup>(a)</sup>  | 2463 | 2426 |
| Chase Mortgage Finance Corp., Series 2024-RPL2, Class A1A, 3.25% 8/25/2064 <sup>(a)(c)(e)</sup>  | 10613 | 9507 |
| Chase Mortgage Finance Corp., Series 2024-RPL4, Class A1B, 3.375% 12/25/2064 <sup>(a)(c)(e)</sup>  | 4425 | 3951 |
| Chase Mortgage Finance Corp., Series 2024-RPL4, Class A1A, 3.375% 12/25/2064 <sup>(a)(c)(e)</sup>  | 4126 | 3731 |
| CIM Trust, Series 2018-R3, Class A1, 5.00% 12/25/2057 <sup>(a)(c)(e)</sup>  | 429 | 428 |
| CIM Trust, Series 2022-R2, Class A1, 3.75% 12/25/2061 <sup>(a)(c)(e)</sup>  | 32884 | 31479 |
| CIM Trust, Series 2020-R7, Class A1B, 2.25% 12/27/2061 <sup>(a)(c)(e)</sup>  | 3000 | 2385 |
| CIM Trust, Series 2024-R1, Class A1, 4.75% 6/25/2064 <sup>(a)(c)(e)</sup>  | 6606 | 6574 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(a)(e)(f)</sup>  | 5761 | 5734 |
| Citigroup Mortgage Loan Trust, Series 2020-EXP1, Class A1A, 1.804% 5/25/2060 <sup>(a)(c)(e)</sup>  | 1180 | 1109 |
| Citigroup Mortgage Loan Trust, Series 2018-RP1, Class M1, 3.00% 9/25/2064 <sup>(a)(c)(e)</sup>  | 10000 | 9561 |
| COLT Funding, LLC, Series 2022-5, Class M1, 4.747% 3/25/2067 <sup>(a)(c)(e)</sup>  | 4305 | 4185 |
| COLT Funding, LLC, Series 2023-1, Class A1, 6.048% 4/25/2068 (7.048% on 4/1/2027) <sup>(a)(e)(f)</sup>  | 8624 | 8666 |
| COLT Funding, LLC, Series 2023-3, Class A1, 7.18% 9/25/2068 (8.18% on 9/1/2027) <sup>(a)(e)(f)</sup>  | 2152 | 2184 |
| COLT Mortgage Loan Trust, Series 2021-5, Class A1, 1.726% 11/26/2066 <sup>(a)(c)(e)</sup>  | 1224 | 1109 |
| Connecticut Avenue Securities Trust, Series 2023-R01, Class 1M1, (30-day Average USD-SOFR + 2.40%) 6.748% <br> 12/25/2042 <sup>(a)(c)(e)</sup>  | 8122 | 8309 |
| Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M1, (30-day Average USD-SOFR + 2.30%) 6.648% <br> 5/25/2043 <sup>(a)(c)(e)</sup>  | 2392 | 2441 |
| Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M1, (30-day Average USD-SOFR + 1.90%) 6.248% <br> 6/25/2043 <sup>(a)(c)(e)</sup>  | 2225 | 2245 |
| Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M1, (30-day Average USD-SOFR + 1.05%) 5.398% <br> 1/25/2044 <sup>(a)(c)(e)</sup>  | 4532 | 4533 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average USD-SOFR + 1.10%) 5.448% <br> 2/25/2044 <sup>(a)(c)(e)</sup>  | 3697 | 3700 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1, (30-day Average USD-SOFR + 1.10%) 5.448% <br> 5/25/2044 <sup>(a)(c)(e)</sup>  | 3259 | 3262 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M1, (30-day Average USD-SOFR + 1.05%) 5.398% <br> 9/25/2044 <sup>(a)(c)(e)</sup>  | 1010 | 1010 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1A1, (30-day Average USD-SOFR + 1.15%) 5.498% <br> 9/25/2044 <sup>(a)(c)(e)</sup>  | 7002 | 7028 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M2, (30-day Average USD-SOFR + 1.60%) 5.948% <br> 9/25/2044 <sup>(a)(c)(e)</sup>  | 2059 | 2068 |
| Connecticut Avenue Securities, Series 2025-R01, Class 1A1, (30-day Average USD-SOFR + 0.95%) 5.298% <br> 1/25/2045 <sup>(a)(c)(e)</sup>  | 4110 | 4113 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) 5.348% <br> 2/25/2045 <sup>(a)(c)(e)</sup>  | 1507 | 1510 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1M1, (30-day Average USD-SOFR + 1.15%) 5.498% <br> 2/25/2045 <sup>(a)(c)(e)</sup>  | 6508 | 6524 |
| Credit Suisse Mortgage Trust, Series 2017-RPL3, Class A1, 4.00% 8/1/2057 <sup>(a)(c)(e)</sup>  | 944 | 904 |
| Credit Suisse Mortgage Trust, Series 2019-RPL1, Class A1A, 3.65% 7/25/2058 <sup>(a)(c)(e)</sup>  | 871 | 856 |
| Credit Suisse Mortgage Trust, Series 2017-RPL3, Class A1, 2.00% 1/25/2060 <sup>(a)(c)(e)</sup>  | 1495 | 1334 |
| Credit Suisse Mortgage Trust, Series 2022-ATH3, Class A1, 4.991% 8/25/2067 <sup>(a)(c)(e)</sup>  | 7797 | 7786 |
| CS First Boston Mortgage Securities Corp., Series 2002-30, Class IA1, 7.50% 11/25/2032 <sup>(a)</sup>  | 42 | 44 |
| CS First Boston Mortgage Securities Corp., Series 2002-34, Class IA1, 7.50% 12/25/2032 <sup>(a)</sup>  | 57 | 58 |
| CS First Boston Mortgage Securities Corp., Series 2003-21, Class VA1, 6.50% 7/25/2033 <sup>(a)</sup>  | 65 | 67 |
| CS First Boston Mortgage Securities Corp., Series 2003-29, Class VA1, 7.00% 12/25/2033 <sup>(a)</sup>  | 38 | 40 |
| FARM Mortgage Trust, Series 2024-1, Class A, 4.693% 10/1/2053 <sup>(a)(c)(e)</sup>  | 2134 | 2082 |
| Farmer Mac Agricultural Real Estate Trust, Series 2024-2, Class A1, 5.195% 8/1/2054 <sup>(a)(c)(e)</sup>  | 3623 | 3625 |
| Farmer Mac Agricultural Real Estate Trust, Series 2025-1, Class A1, 5.22% 8/1/2055 <sup>(a)(c)(e)</sup>  | 14639 | 14811 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(a)(e)</sup>  | 23706 | 22967 |
| Flagstar Mortgage Trust, Series 2021-8INV, Class A3, 2.50% 9/25/2051 <sup>(a)(c)(e)</sup>  | 1701 | 1390 |
| Flagstar Mortgage Trust, Series 2021-11INV, Class A2, 3.00% 11/25/2051 <sup>(a)(c)(e)</sup>  | 14502 | 12364 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2015-DNA3, Class M3, (30-day Average <br> USD-SOFR + 4.814%) 9.163% 4/25/2028 <sup>(a)(c)</sup>  | 795 | 800 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2016-DNA1, Class M3, (30-day Average <br> USD-SOFR + 5.664%) 10.013% 7/25/2028 <sup>(a)(c)</sup>  | 6025 | 6131 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2016-DNA2, Class M3, (30-day Average <br> USD-SOFR + 4.764%) 9.113% 10/25/2028 <sup>(a)(c)</sup>  | 342 | 350 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2018-DNA1, Class M2B, (30-day Average <br> USD-SOFR + 1.914%) 6.263% 7/25/2030 <sup>(a)(c)</sup>  | 2519 | 2553 |

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|:---|:---|
| **20** | Intermediate Bond Fund of America |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA2, Class M1A, (30-day Average <br> USD-SOFR + 1.30%) 5.648% 2/25/2042 <sup>(a)(c)(e)</sup>  | USD650 | $651 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA5, Class M1A, (30-day Average <br> USD-SOFR + 2.95%) 7.298% 6/25/2042 <sup>(a)(c)(e)</sup>  | 9665 | 9863 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1A, (30-day Average <br> USD-SOFR + 2.15%) 6.498% 9/25/2042 <sup>(a)(c)(e)</sup>  | 660 | 665 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA1, Class A1, (30-day Average <br> USD-SOFR + 1.35%) 5.698% 2/25/2044 <sup>(a)(c)(e)</sup>  | 10328 | 10382 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.25%) 5.598% 5/25/2044 <sup>(a)(c)(e)</sup>  | 18605 | 18692 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA3, Class A1, (30-day Average <br> USD-SOFR + 1.05%) 5.398% 10/25/2044 <sup>(a)(c)(e)</sup>  | 4056 | 4063 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA5, Class B1, (30-day Average <br> USD-SOFR + 4.00%) 8.348% 11/25/2050 <sup>(a)(c)(e)</sup>  | 4000 | 4422 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA6, Class B1, (30-day Average USD-SOFR <br> + 3.00%) 7.348% 12/25/2050 <sup>(a)(c)(e)</sup>  | 4000 | 4276 |
| GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028) <sup>(a)(e)(f)</sup>  | 5627 | 5704 |
| GCAT Trust, Series 2021-NQM6, Class A1, 1.855% 8/25/2066 <sup>(a)(c)(e)</sup>  | 15306 | 13993 |
| GCAT Trust, Series 2025-NQM4, Class A1, 0% 6/25/2070 <sup>(a)(e)(f)</sup>  | 12513 | 12643 |
| GS Mortgage-Backed Securities Trust, Series 2024-RPL2, Class A1, 3.75% 7/25/2061 (4.75% on 2/1/2028) <sup>(a)(e)(f)</sup>  | 3636 | 3558 |
| Home Partners of America Trust, Series 2021-2, Class A, 1.901% 12/17/2026 <sup>(a)(e)</sup>  | 15131 | 14642 |
| Home Partners of America Trust, Series 2021-2, Class C, 2.402% 12/17/2026 <sup>(a)(e)</sup>  | 2878 | 2782 |
| Home Partners of America Trust, Series 2022-1, Class A, 3.93% 4/17/2039 <sup>(a)(e)</sup>  | 6152 | 6115 |
| Home Partners of America Trust, Series 2019-1, Class A, 2.908% 9/17/2039 <sup>(a)(e)</sup>  | 2347 | 2280 |
| Imperial Fund Mortgage Trust, Series 2022-NQM7, Class A1, 7.369% 11/25/2067 (8.369% on 11/1/2026) <sup>(a)(e)(f)</sup>  | 19221 | 19265 |
| Imperial Fund Mortgage Trust, Series 2023-NQM1, Class A1, 5.941% 2/25/2068 (6.941% on 1/1/2027) <sup>(a)(e)(f)</sup>  | 14587 | 14592 |
| IRV Trust, Series 2025-200P, Class A, 5.471% 3/14/2047 <sup>(a)(c)(e)</sup>  | 16156 | 16488 |
| Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 5.75% 4/25/2061 <sup>(a)(e)</sup>  | 13953 | 13964 |
| Legacy Mortgage Asset Trust, Series 2021-GS5, Class A1, 2.25% 7/25/2067 (6.25% on 11/25/2025) <sup>(a)(e)(f)</sup>  | 10673 | 10684 |
| MFRA Trust, Series 2020-NQM1, Class A1, 2.479% 3/25/2065 <sup>(a)(c)(e)</sup>  | 713 | 691 |
| MFRA Trust, Series 2024-NQM2, Class A1, 5.272% 8/25/2069 (6.272% on 8/1/2028) <sup>(a)(e)(f)</sup>  | 10097 | 10117 |
| MFRA Trust, Series 2024-NQM3, Class A1, 5.722% 12/25/2069 (6.722% on 12/1/2028) <sup>(a)(e)(f)</sup>  | 6533 | 6593 |
| MFRA Trust, Series 2025-NQM3, Class A1, 5.261% 8/25/2070 (6.261% on 7/1/2029) <sup>(a)(e)(f)</sup>  | 7979 | 8019 |
| Mill City Mortgage Trust, Series 15-1, Class M3, 3.796% 6/25/2056 <sup>(a)(c)(e)</sup>  | 1233 | 1223 |
| Mill City Mortgage Trust, Series 2016-1, Class M3, 3.35% 4/25/2057 <sup>(a)(c)(e)</sup>  | 3806 | 3753 |
| Mill City Mortgage Trust, Series 2019-3, Class A1, 3.482% 8/26/2058 <sup>(a)(c)(e)</sup>  | 1125 | 1110 |
| Mill City Mortgage Trust, Series 2019-GS1, Class A1, 2.75% 7/25/2059 <sup>(a)(c)(e)</sup>  | 148 | 145 |
| Mill City Mortgage Trust, Series 2018-1, Class A1, 3.25% 5/25/2062 <sup>(a)(c)(e)</sup>  | 56 | 56 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM2, Class A1, 6.386% 5/25/2069 (7.386% on <br> 5/1/2028) <sup>(a)(e)(f)</sup>  | 9306 | 9425 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-NQM1, Class A1, 5.738% 11/25/2069 <sup>(a)(c)(e)</sup>  | 9016 | 9103 |
| New Residential Mortgage Loan Trust, Series 2016-1A, Class A1, 3.75% 3/25/2056 <sup>(a)(c)(e)</sup>  | 495 | 480 |
| New Residential Mortgage Loan Trust, Series 2018-RPL1, Class A1, 3.50% 12/25/2057 <sup>(a)(c)(e)</sup>  | 958 | 932 |
| New Residential Mortgage Loan Trust, Series 2018-1A, Class A1A, 4.00% 12/25/2057 <sup>(a)(c)(e)</sup>  | 30 | 29 |
| New Residential Mortgage Loan Trust, Series 2019-2A, Class A1, 4.25% 12/25/2057 <sup>(a)(c)(e)</sup>  | 1222 | 1203 |
| New Residential Mortgage Loan Trust, Series 2018-5A, Class A1, 4.75% 12/25/2057 <sup>(a)(c)(e)</sup>  | 1006 | 1006 |
| New Residential Mortgage Loan Trust, Series 2019-RPL3, Class A1, 2.75% 7/25/2059 <sup>(a)(c)(e)</sup>  | 1696 | 1638 |
| New Residential Mortgage Loan Trust, Series 2020-RPL1, Class A1, 2.75% 11/25/2059 <sup>(a)(c)(e)</sup>  | 2698 | 2598 |
| New Residential Mortgage Loan Trust, Series 2025-NQM2, Class A1, 5.566% 4/25/2065 <sup>(a)(e)(f)</sup>  | 9013 | 9121 |
| New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/2068 <sup>(a)(c)(e)</sup>  | 3934 | 3661 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2024-HYB1, Class A1, 3.632% 3/25/2053 <sup>(a)(c)(e)</sup>  | 7077 | 6960 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2020-EXP1, Class 2A1B, (3-month USD CME Term SOFR + <br> 0.864%) 5.187% 2/25/2060 <sup>(a)(c)(e)</sup>  | 2550 | 2506 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2022-NQM9, Class A1A, 6.45% 9/25/2062 (7.45% on <br> 11/1/2026) <sup>(a)(e)(f)</sup>  | 7807 | 7802 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2023-NQM1, Class A1, 6.12% 11/25/2062 (7.12% on <br> 12/1/2026) <sup>(a)(e)(f)</sup>  | 3054 | 3054 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2023-NQM4, Class A1, 6.113% 3/25/2063 (7.113% on <br> 5/1/2027) <sup>(a)(e)(f)</sup>  | 8653 | 8686 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2025-NQM8, Class A1, 5.472% 3/25/2065 (6.472% on <br> 5/1/2029) <sup>(a)(e)(f)</sup>  | 11440 | 11546 |
| Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 3/25/2028 (6.988% on 3/1/2028) <sup>(a)(e)(f)</sup>  | 6028 | 6080 |
| Onslow Bay Financial, LLC, Series 2024-HYB2, Class A1, 3.683% 4/25/2053 <sup>(a)(c)(e)</sup>  | 13682 | 13727 |
| Onslow Bay Financial, LLC, Series 2022-NQM6, Class A1, 4.70% 7/25/2062 (5.70% on 6/1/2026) <sup>(a)(e)(f)</sup>  | 5171 | 5223 |
| Onslow Bay Financial, LLC, Series 2023-NQM7, Class A1, 6.844% 4/25/2063 (7.844% on 9/1/2027) <sup>(a)(e)(f)</sup>  | 3415 | 3457 |
| Onslow Bay Financial, LLC, Series 2024-NQM4, Class A1, 6.067% 1/25/2064 (7.067% on 2/1/2028) <sup>(a)(e)(f)</sup>  | 5921 | 5983 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **21** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** |
| Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028) <sup>(a)(e)(f)</sup>  | USD6,425 | $6504 |
| Onslow Bay Financial, LLC, Series 2024-NQM10, Class A1, 6.18% 5/25/2064 (7.18% on 6/1/2028) <sup>(a)(e)(f)</sup>  | 9645 | 9771 |
| Onslow Bay Financial, LLC, Series 2024-NQM8, Class A1, 6.233% 5/25/2064 (7.233% on 5/1/2028) <sup>(a)(e)(f)</sup>  | 15795 | 16014 |
| Onslow Bay Financial, LLC, Series 2024-NQM13, Class A1, 5.116% 6/25/2064 (6.116% on 8/1/2028) <sup>(a)(e)(f)</sup>  | 6035 | 6038 |
| Onslow Bay Financial, LLC, Series 2024-NQM11, Class A1, 5.875% 6/25/2064 (6.825% on 7/1/2028) <sup>(a)(e)(f)</sup>  | 12756 | 12886 |
| Onslow Bay Financial, LLC, Series 2024-NQM17, Class A1, 5.61% 11/25/2064 (6.61% on 11/1/2028) <sup>(a)(e)(f)</sup>  | 17492 | 17635 |
| Onslow Bay Financial, LLC, Series 2025-NQM3, Class A1, 5.648% 12/1/2064 (6.648% on 2/1/2029) <sup>(a)(e)(f)</sup>  | 10979 | 11098 |
| Onslow Bay Financial, LLC, Series 2025-NQM1, Class A1, 5.547% 12/25/2064 (6.547% on 12/1/2028) <sup>(a)(e)(f)</sup>  | 17471 | 17623 |
| Onslow Bay Financial, LLC, Series 2025-NQM14, Class A1A, 5.162% 7/25/2065 (6.162% on 7/1/2029) <sup>(a)(e)(f)</sup>  | 7998 | 8028 |
| PMT Loan Trust, Series 2024-INV1, Class A2, 6.00% 10/25/2059 <sup>(a)(c)(e)</sup>  | 1513 | 1540 |
| PRKCM Trust, Series 2021-AFC2, Class A1, 2.071% 11/25/2056 <sup>(a)(c)(e)</sup>  | 8251 | 7374 |
| Progress Residential Trust, Series 2024-SFR5, Class A, 3.00% 8/9/2029 <sup>(a)(e)</sup>  | 5000 | 4742 |
| Progress Residential Trust, Series 2021-SFR6, Class A, 1.524% 7/17/2038 <sup>(a)(e)</sup>  | 5862 | 5745 |
| Progress Residential Trust, Series 2022-SFR3, Class A, 3.20% 4/17/2039 <sup>(a)(e)</sup>  | 1544 | 1513 |
| Progress Residential Trust, Series 2022-SFR6, Class B, 4.997% 7/20/2039 <sup>(a)(e)</sup>  | 500 | 503 |
| Progress Residential Trust, Series 2024-SFR1, Class A, 3.35% 2/17/2041 <sup>(a)(e)</sup>  | 6099 | 5895 |
| Progress Residential Trust, Series 2024-SFR3, Class A, 3.00% 6/17/2041 <sup>(a)(e)</sup>  | 8965 | 8542 |
| Progress Residential Trust, Series 2025-SFR2, Class A, 3.305% 4/17/2042 <sup>(a)(e)</sup>  | 3389 | 3226 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(a)(e)</sup>  | 9485 | 9002 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(a)(e)(f)</sup>  | 7632 | 7358 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class A, (1-month USD CME Term SOFR + 1.75%) <br> 6.113% 10/17/2041 <sup>(a)(c)(e)</sup>  | 13181 | 13235 |
| Starwood Mortgage Residential Trust, Series 2025-SFR5, Class A, (1-month USD CME Term SOFR + 1.45%) <br> 5.814% 2/17/2042 <sup>(a)(c)(e)</sup>  | 1859 | 1861 |
| Towd Point Mortgage Trust, Series 2016-1, Class B1, 4.445% 2/25/2055 <sup>(a)(c)(e)</sup>  | 7070 | 7007 |
| Towd Point Mortgage Trust, Series 2015-5, Class B1, 3.999% 5/25/2055 <sup>(a)(c)(e)</sup>  | 13480 | 13304 |
| Towd Point Mortgage Trust, Series 2016-2, Class B2, 3.562% 8/25/2055 <sup>(a)(c)(e)</sup>  | 5800 | 5300 |
| Towd Point Mortgage Trust, Series 2016-4, Class M2, 3.75% 7/25/2056 <sup>(a)(c)(e)</sup>  | 4905 | 4821 |
| Towd Point Mortgage Trust, Series 2017-1, Class A2, 3.50% 10/25/2056 <sup>(a)(c)(e)</sup>  | 839 | 835 |
| Towd Point Mortgage Trust, Series 2017-1, Class M1, 3.75% 10/25/2056 <sup>(a)(c)(e)</sup>  | 3615 | 3559 |
| Towd Point Mortgage Trust, Series 2017-2, Class M1, 3.75% 4/25/2057 <sup>(a)(c)(e)</sup>  | 8650 | 8529 |
| Towd Point Mortgage Trust, Series 2017-4, Class A1, 2.75% 6/25/2057 <sup>(a)(c)(e)</sup>  | 484 | 473 |
| Towd Point Mortgage Trust, Series 2017-4, Class M1, 3.25% 6/25/2057 <sup>(a)(c)(e)</sup>  | 7381 | 6830 |
| Towd Point Mortgage Trust, Series 2017-4, Class B1, 3.607% 6/25/2057 <sup>(a)(c)(e)</sup>  | 2600 | 2270 |
| Towd Point Mortgage Trust, Series 2017-3, Class A2, 3.00% 7/25/2057 <sup>(a)(c)(e)</sup>  | 4965 | 4892 |
| Towd Point Mortgage Trust, Series 2017-6, Class A1, 2.75% 10/25/2057 <sup>(a)(c)(e)</sup>  | 661 | 650 |
| Towd Point Mortgage Trust, Series 2017-6, Class A2, 3.00% 10/25/2057 <sup>(a)(c)(e)</sup>  | 10335 | 9928 |
| Towd Point Mortgage Trust, Series 2018-1, Class A1, 3.00% 1/25/2058 <sup>(a)(c)(e)</sup>  | 25 | 25 |
| Towd Point Mortgage Trust, Series 2018-2, Class A1, 3.25% 3/25/2058 <sup>(a)(c)(e)</sup>  | 2131 | 2110 |
| Towd Point Mortgage Trust, Series 2019-1, Class A1, 3.75% 3/25/2058 <sup>(a)(c)(e)</sup>  | 3402 | 3319 |
| Towd Point Mortgage Trust, Series 2018-3, Class A1, 3.75% 5/25/2058 <sup>(a)(c)(e)</sup>  | 1570 | 1545 |
| Towd Point Mortgage Trust, Series 2018-3, Class M2, 3.875% 5/25/2058 <sup>(a)(c)(e)</sup>  | 3435 | 3006 |
| Towd Point Mortgage Trust, Series 2019-HY2, Class A1, (1-month USD CME Term SOFR + 1.114%) 5.437% <br> 5/25/2058 <sup>(a)(c)(e)</sup>  | 1694 | 1732 |
| Towd Point Mortgage Trust, Series 2018-4, Class A1, 3.00% 6/25/2058 <sup>(a)(c)(e)</sup>  | 6483 | 6177 |
| Towd Point Mortgage Trust, Series 2018-5, Class A1A, 3.25% 7/25/2058 <sup>(a)(c)(e)</sup>  | 180 | 178 |
| Towd Point Mortgage Trust, Series 2019-2, Class A1, 3.75% 12/25/2058 <sup>(a)(c)(e)</sup>  | 2894 | 2818 |
| Towd Point Mortgage Trust, Series 2019-4, Class A2, 3.25% 10/25/2059 <sup>(a)(c)(e)</sup>  | 2285 | 2095 |
| Towd Point Mortgage Trust, Series 2020-4, Class A1, 1.75% 10/25/2060 <sup>(a)(e)</sup>  | 6885 | 6286 |
| Towd Point Mortgage Trust, Series 15-2, Class 1B2, 3.423% 11/25/2060 <sup>(a)(c)(e)</sup>  | 13157 | 12843 |
| Towd Point Mortgage Trust, Series 2023-1, Class A1, 3.75% 1/25/2063 <sup>(a)(e)</sup>  | 15761 | 15327 |
| Towd Point Mortgage Trust, Series 2024-3, Class A1A, 5.021% 7/25/2065 <sup>(a)(c)(e)</sup>  | 7504 | 7693 |
| Tricon American Homes Trust, Series 2020-SFR2, Class A, 1.482% 11/17/2039 <sup>(a)(e)</sup>  | 3157 | 2980 |
| Tricon Residential Trust, Series 2021-SFR1, Class A, 1.943% 7/17/2038 <sup>(a)(e)</sup>  | 20349 | 19906 |
| Tricon Residential Trust, Series 2024-SFR2, Class A, 4.75% 6/17/2040 <sup>(a)(e)</sup>  | 5483 | 5519 |
| Tricon Residential Trust, Series 2023-SFR2, Class A, 5.00% 12/17/2040 <sup>(a)(e)</sup>  | 6902 | 6948 |
| Tricon Residential Trust, Series 2024-SFR3, Class A, 4.50% 8/17/2041 <sup>(a)(e)</sup>  | 9710 | 9719 |
| Tricon Residential Trust, Series 2025-SFR2, Class A, 5.20% 8/17/2044 <sup>(a)(e)</sup>  | 8680 | 8820 |
| Verus Securitization Trust, Series 2025-R1, Class A1, 5.402% 5/25/2065 (6.402% on 7/1/2029) <sup>(a)(e)(f)</sup>  | 22184 | 22411 |
| Verus Securitization Trust, Series 2023-1, Class A1, 5.85% 12/25/2067 (6.85% on 1/1/2027) <sup>(a)(e)(f)</sup>  | 4769 | 4770 |
| Verus Securitization Trust, Series 2023-3, Class A1, 5.93% 3/25/2068 (6.93% on 4/1/2027) <sup>(a)(e)(f)</sup>  | 1287 | 1290 |
| Verus Securitization Trust, Series 2023-5, Class A5, 6.476% 6/25/2068 (7.476% on 6/1/2027) <sup>(a)(e)(f)</sup>  | 5253 | 5296 |
| Verus Securitization Trust, Series 2023-7, Class A1, 7.07% 10/25/2068 (8.07% on 10/1/2027) <sup>(a)(e)(f)</sup>  | 3142 | 3189 |
| Verus Securitization Trust, Series 2024-2, Class A1, 6.095% 2/25/2069 (7.095% on 2/1/2028) <sup>(a)(e)(f)</sup>  | 5145 | 5191 |
| Verus Securitization Trust, Series 2024-3, Class A1, 6.338% 4/25/2069 (7.338% on 4/1/2028) <sup>(a)(e)(f)</sup>  | 17389 | 17624 |
| Verus Securitization Trust, Series 2024-5, Class A1, 6.192% 6/25/2069 (7.192% on 6/1/2028) <sup>(a)(e)(f)</sup>  | 1729 | 1751 |

---

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| | |
|:---|:---|
| **22** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** | **Mortgage-backed obligations (continued)** |
| **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** | **Collateralized mortgage-backed obligations (privately originated) (continued)** |
| Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028) <sup>(a)(e)(f)</sup>  | USD8,536 | $8642 |
| Verus Securitization Trust, Series 2024-INV2, Class A1, 5.332% 8/26/2069 (6.332% on 8/1/2028) <sup>(a)(e)(f)</sup>  | 5794 | 5819 |
| Verus Securitization Trust, Series 24-R1, Class A1, 5.218% 9/25/2069 (6.218% on 10/1/2028) <sup>(a)(e)(f)</sup>  | 3137 | 3147 |
| Verus Securitization Trust, Series 2024-8, Class A1, 5.364% 10/25/2069 <sup>(a)(c)(e)</sup>  | 5900 | 5931 |
| Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 <sup>(a)(c)(e)</sup>  | 6256 | 6299 |
| Verus Securitization Trust, Series 2025-3, Class A1, 5.623% 5/25/2070 (6.623% on 4/1/2029) <sup>(a)(e)(f)</sup>  | 7662 | 7744 |
| Verus Securitization Trust, Series 2025-7, Class A1, 5.129% 8/25/2070 (6.129% on 8/1/2029) <sup>(a)(e)(f)</sup>  | 9567 | 9593 |
|  |  | 1164486 |
| **Total mortgage-backed obligations** |  | 9924381 |
| **U.S. Treasury bonds & notes 27.49%** | **U.S. Treasury bonds & notes 27.49%** | **U.S. Treasury bonds & notes 27.49%** |
| **U.S. Treasury 26.30%** | **U.S. Treasury 26.30%** | **U.S. Treasury 26.30%** |
| U.S. Treasury 0.25% 10/31/2025  | 8000 | 7949 |
| U.S. Treasury 3.00% 10/31/2025  | 8 | 7 |
| U.S. Treasury 5.00% 10/31/2025  | 7504 | 7514 |
| U.S. Treasury 4.50% 11/15/2025  | 375 | 375 |
| U.S. Treasury 4.25% 12/31/2025  | 4889 | 4891 |
| U.S. Treasury 4.25% 1/31/2026  | 205000 | 205108 |
| U.S. Treasury 4.00% 2/15/2026  | 16558 | 16553 |
| U.S. Treasury 0.50% 2/28/2026  | 45000 | 44236 |
| U.S. Treasury 4.625% 2/28/2026  | 8316 | 8340 |
| U.S. Treasury 4.50% 3/31/2026  | 267750 | 268524 |
| U.S. Treasury 0.75% 4/30/2026  | 10175 | 9964 |
| U.S. Treasury 4.875% 4/30/2026  | 67000 | 67386 |
| U.S. Treasury 0.875% 6/30/2026  | 33040 | 32233 |
| U.S. Treasury 4.50% 7/15/2026  | 8050 | 8091 |
| U.S. Treasury 4.375% 7/31/2026  | 787750 | 791104 |
| U.S. Treasury 0.75% 8/31/2026  | 25246 | 24486 |
| U.S. Treasury 3.50% 9/30/2026  | 131000 | 130537 |
| U.S. Treasury 2.00% 11/15/2026  | 10000 | 9791 |
| U.S. Treasury 4.625% 11/15/2026  | 228 | 230 |
| U.S. Treasury 4.375% 12/15/2026  | 65000 | 65485 |
| U.S. Treasury 1.50% 1/31/2027  | 6000 | 5817 |
| U.S. Treasury 4.125% 1/31/2027  | 51885 | 52148 |
| U.S. Treasury 2.375% 5/15/2027  | 11300 | 11061 |
| U.S. Treasury 2.625% 5/31/2027  | 140000 | 137554 |
| U.S. Treasury 3.875% 5/31/2027  | 40000 | 40137 |
| U.S. Treasury 3.75% 6/30/2027  | 278000 | 278492 |
| U.S. Treasury 4.375% 7/15/2027  | 4881 | 4945 |
| U.S. Treasury 2.75% 7/31/2027  | 52000 | 51151 |
| U.S. Treasury 3.875% 7/31/2027  | 435361 | 437249 |
| U.S. Treasury 3.75% 8/15/2027  | 211000 | 211457 |
| U.S. Treasury 3.625% 8/31/2027  | 33453 | 33461 |
| U.S. Treasury 3.375% 9/15/2027  | 50000 | 49775 |
| U.S. Treasury 4.125% 9/30/2027  | 60000 | 60614 |
| U.S. Treasury 4.125% 10/31/2027  | 30000 | 30314 |
| U.S. Treasury 2.25% 11/15/2027  | 56000 | 54400 |
| U.S. Treasury 3.875% 11/30/2027  | 40000 | 40230 |
| U.S. Treasury 4.25% 1/15/2028  | 4600 | 4667 |
| U.S. Treasury 4.25% 2/15/2028  | 9000 | 9137 |
| U.S. Treasury 4.00% 2/29/2028  | 38000 | 38371 |
| U.S. Treasury 3.625% 3/31/2028  | 10965 | 10978 |
| U.S. Treasury 1.25% 5/31/2028  | 4300 | 4040 |
| U.S. Treasury 3.625% 5/31/2028  | 7000 | 7007 |
| U.S. Treasury 3.875% 6/15/2028  | 29313 | 29545 |
| U.S. Treasury 1.25% 6/30/2028  | 16000 | 15006 |
| U.S. Treasury 3.875% 7/15/2028  | 10459 | 10541 |
| U.S. Treasury 1.00% 7/31/2028  | — <br><sup>(b)</sup><br>| — <br><sup>(b)</sup><br>|
| U.S. Treasury 4.125% 7/31/2028 <sup>(g)</sup>  | 200000 | 202977 |
| U.S. Treasury 2.875% 8/15/2028  | 10000 | 9803 |
| U.S. Treasury 3.625% 8/15/2028  | 99842 | 99978 |
| U.S. Treasury 1.125% 8/31/2028  | 58000 | 53979 |
| U.S. Treasury 1.375% 10/31/2028  | 48250 | 45084 |
| U.S. Treasury 4.375% 11/30/2028  | 13194 | 13507 |
| U.S. Treasury 4.00% 1/31/2029  | 160 | 162 |

---

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **23** |

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------

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **U.S. Treasury bonds & notes (continued)** | **U.S. Treasury bonds & notes (continued)** | **U.S. Treasury bonds & notes (continued)** |
| **U.S. Treasury (continued)** | **U.S. Treasury (continued)** | **U.S. Treasury (continued)** |
| U.S. Treasury 2.625% 2/15/2029  | USD50,000 | $48432 |
| U.S. Treasury 4.25% 2/28/2029  | 1000000 | 1021094 |
| U.S. Treasury 4.50% 5/31/2029  | 223100 | 229898 |
| U.S. Treasury 4.25% 6/30/2029  | 19120 | 19543 |
| U.S. Treasury 4.125% 10/31/2029  | 18000 | 18329 |
| U.S. Treasury 4.125% 11/30/2029  | 75000 | 76392 |
| U.S. Treasury 3.875% 12/31/2029  | 24000 | 24214 |
| U.S. Treasury 4.375% 12/31/2029  | 104000 | 106970 |
| U.S. Treasury 3.50% 1/31/2030  | 26000 | 25831 |
| U.S. Treasury 4.25% 1/31/2030  | 2350 | 2406 |
| U.S. Treasury 4.00% 2/28/2030  | 3350 | 3397 |
| U.S. Treasury 3.625% 3/31/2030  | 11700 | 11676 |
| U.S. Treasury 3.75% 5/31/2030  | 65000 | 65185 |
| U.S. Treasury 4.00% 5/31/2030  | 244000 | 247422 |
| U.S. Treasury 3.875% 6/30/2030  | 14103 | 14220 |
| U.S. Treasury 3.875% 7/31/2030  | 593559 | 598451 |
| U.S. Treasury 4.00% 7/31/2030  | 3963 | 4016 |
| U.S. Treasury 4.625% 9/30/2030  | 153949 | 160378 |
| U.S. Treasury 4.875% 10/31/2030  | 58803 | 61959 |
| U.S. Treasury 4.375% 11/30/2030  | 6661 | 6863 |
| U.S. Treasury 4.00% 1/31/2031  | 64 | 65 |
| U.S. Treasury 4.25% 2/28/2031  | 2355 | 2412 |
| U.S. Treasury 4.625% 4/30/2031  | 29000 | 30239 |
| U.S. Treasury 4.25% 6/30/2031  | 60000 | 61397 |
| U.S. Treasury 1.25% 8/15/2031  | 3000 | 2593 |
| U.S. Treasury 4.125% 10/31/2031  | 17280 | 17547 |
| U.S. Treasury 4.125% 11/30/2031  | 48900 | 49637 |
| U.S. Treasury 4.375% 1/31/2032  | 15000 | 15424 |
| U.S. Treasury 1.875% 2/15/2032  | 10000 | 8861 |
| U.S. Treasury 4.125% 2/29/2032  | 40000 | 40569 |
| U.S. Treasury 4.00% 4/30/2032  | 50000 | 50297 |
| U.S. Treasury 4.00% 6/30/2032  | 77000 | 77394 |
| U.S. Treasury 4.00% 7/31/2032  | 83959 | 84353 |
| U.S. Treasury 4.125% 11/15/2032  | 687 | 695 |
| U.S. Treasury 3.50% 2/15/2033  | 3200 | 3102 |
| U.S. Treasury 4.375% 5/15/2034  | 179 | 183 |
| U.S. Treasury 4.25% 8/15/2035  | 44297 | 44390 |
| U.S. Treasury 4.625% 5/15/2044  | 997 | 970 |
| U.S. Treasury 1.875% 2/15/2051  | 578 | 318 |
| U.S. Treasury 2.375% 5/15/2051  | 662 | 411 |
| U.S. Treasury 4.625% 2/15/2055 <sup>(g)</sup>  | 80000 | 76262 |
| U.S. Treasury 4.75% 5/15/2055  | 3152 | 3066 |
|  |  | 7073252 |
| **U.S. Treasury inflation-protected securities 1.19%** | **U.S. Treasury inflation-protected securities 1.19%** | **U.S. Treasury inflation-protected securities 1.19%** |
| U.S. Treasury Inflation-Protected Security 0.125% 4/15/2027 <sup>(h)</sup>  | 30522 | 30127 |
| U.S. Treasury Inflation-Protected Security 1.625% 10/15/2027 <sup>(h)</sup>  | 40161 | 40952 |
| U.S. Treasury Inflation-Protected Security 1.625% 4/15/2030 <sup>(h)</sup>  | 25330 | 25872 |
| U.S. Treasury Inflation-Protected Security 0.75% 2/15/2042 <sup>(g)(h)</sup>  | 20718 | 16131 |
| U.S. Treasury Inflation-Protected Security 2.125% 2/15/2054 <sup>(h)</sup>  | 1892 | 1691 |
| U.S. Treasury Inflation-Protected Security 2.375% 2/15/2055 <sup>(h)</sup>  | 216772 | 204958 |
|  |  | 319731 |
| **Total U.S. Treasury bonds & notes** |  | 7392983 |
| **Corporate bonds, notes & loans 14.71%** | **Corporate bonds, notes & loans 14.71%** | **Corporate bonds, notes & loans 14.71%** |
| **Financials 4.84%** | **Financials 4.84%** | **Financials 4.84%** |
| AIB Group PLC 7.583% 10/14/2026 (USD-SOFR + 3.456% on 10/14/2025) <sup>(e)(f)</sup>  | 15000 | 15046 |
| AIB Group PLC 5.871% 3/28/2035 (USD-SOFR + 1.91% on 3/28/2034) <sup>(e)(f)</sup>  | 13200 | 13730 |
| Allstate Corp. (The) 0.75% 12/15/2025  | 6899 | 6826 |
| American Express Co. 6.338% 10/30/2026 (USD-SOFR + 1.33% on 10/30/2025) <sup>(f)</sup>  | 5934 | 5951 |
| American Express Co. 5.098% 2/16/2028 (USD-SOFR + 1.00% on 2/16/2027) <sup>(f)</sup>  | 5555 | 5623 |
| American Express Co. 5.085% 1/30/2031 (USD-SOFR + 1.02% on 1/30/2030) <sup>(f)</sup>  | 5000 | 5155 |
| American Express Co. 5.915% 4/25/2035 (USD-SOFR + 1.63% on 4/25/2034) <sup>(f)</sup>  | 7500 | 7906 |
| American Express Co. 5.667% 4/25/2036 (USD-SOFR + 1.79% on 4/25/2035) <sup>(f)</sup>  | 3000 | 3136 |

---

---

| | |
|:---|:---|
| **24** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** | **Financials (continued)** | **Financials (continued)** |
| American International Group, Inc. 4.85% 5/7/2030  | USD15,300 | $15664 |
| American International Group, Inc. 5.45% 5/7/2035  | 928 | 958 |
| Aon Corp. 2.85% 5/28/2027  | 10000 | 9802 |
| Aon Corp. 5.35% 2/28/2033  | 600 | 622 |
| Aon North America, Inc. 5.15% 3/1/2029  | 15865 | 16337 |
| Aon North America, Inc. 5.45% 3/1/2034  | 2200 | 2273 |
| Arthur J. Gallagher & Co. 4.60% 12/15/2027  | 11050 | 11156 |
| Arthur J. Gallagher & Co. 4.85% 12/15/2029  | 10800 | 11015 |
| Arthur J. Gallagher & Co. 5.00% 2/15/2032  | 26365 | 26864 |
| Athene Global Funding 5.543% 8/22/2035 <sup>(e)</sup>  | 4761 | 4742 |
| Bank of America Corp. 3.419% 12/20/2028 (3-month USD CME Term SOFR + 1.302% on 12/20/2027) <sup>(f)</sup>  | 2877 | 2827 |
| Bank of America Corp. 5.819% 9/15/2029 (USD-SOFR + 1.57% on 9/15/2028) <sup>(f)</sup>  | 2235 | 2337 |
| Bank of America Corp. 2.884% 10/22/2030 (3-month USD CME Term SOFR + 1.19% on 10/22/2029) <sup>(f)</sup>  | 6224 | 5889 |
| Bank of America Corp. 5.162% 1/24/2031 (USD-SOFR + 1.00% on 1/24/2030) <sup>(f)</sup>  | 9730 | 10045 |
| Bank of America Corp. 1.898% 7/23/2031 (USD-SOFR + 1.53% on 7/23/2030) <sup>(f)</sup>  | 2194 | 1951 |
| Bank of America Corp. 1.922% 10/24/2031 (USD-SOFR + 1.37% on 10/24/2030) <sup>(f)</sup>  | 5162 | 4560 |
| Bank of America Corp. 2.299% 7/21/2032 (USD-SOFR + 1.22% on 7/21/2031) <sup>(f)</sup>  | 21134 | 18658 |
| Bank of America Corp., Series MTN, 3.824% 1/20/2028 (3-month USD CME Term SOFR + 1.837% on <br>1/20/2027) <sup>(f)</sup>  | 4000 | 3978 |
| Bank of Ireland Group PLC 6.253% 9/16/2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.65% on <br> 9/16/2025) <sup>(e)(f)</sup>  | 10000 | 10005 |
| Bank of New York Mellon Corp. 4.441% 6/9/2028 (USD-SOFR + 0.68% on 6/9/2027) <sup>(f)</sup>  | 5000 | 5033 |
| Bank of New York Mellon Corp. 4.975% 3/14/2030 (USD-SOFR + 1.085% on 3/14/2029) <sup>(f)</sup>  | 12491 | 12841 |
| Bank of New York Mellon Corp. 4.942% 2/11/2031 (USD-SOFR + 0.887% on 2/11/2030) <sup>(f)</sup>  | 7600 | 7811 |
| Bank of New York Mellon Corp. 5.06% 7/22/2032 (USD-SOFR + 1.23% on 7/22/2031) <sup>(f)</sup>  | 1600 | 1649 |
| BNP Paribas SA 2.159% 9/15/2029 (USD-SOFR + 1.218% on 9/15/2028) <sup>(e)(f)</sup>  | 5325 | 4985 |
| BNP Paribas SA 5.283% 11/19/2030 (USD-SOFR + 1.28% on 11/19/2029) <sup>(e)(f)</sup>  | 5000 | 5124 |
| BPCE SA 5.975% 1/18/2027 (USD-SOFR + 2.10% on 1/18/2026) <sup>(e)(f)</sup>  | 5000 | 5025 |
| BPCE SA 6.714% 10/19/2029 (USD-SOFR + 2.27% on 10/19/2028) <sup>(e)(f)</sup>  | 3000 | 3186 |
| BPCE SA 5.876% 1/14/2031 (USD-SOFR + 1.68% on 1/14/2030) <sup>(e)(f)</sup>  | 29147 | 30385 |
| BPCE SA 5.389% 5/28/2031 (USD-SOFR + 1.581% on 5/28/2030) <sup>(e)(f)</sup>  | 14949 | 15313 |
| BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) <sup>(e)(f)</sup>  | 2000 | 2106 |
| Brown & Brown, Inc. 4.70% 6/23/2028  | 8000 | 8081 |
| Brown & Brown, Inc. 4.90% 6/23/2030  | 8500 | 8611 |
| Brown & Brown, Inc. 5.25% 6/23/2032  | 16661 | 17045 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 2000 | 2040 |
| CaixaBank SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(e)(f)</sup>  | 2000 | 2083 |
| CaixaBank SA 4.634% 7/3/2029 (USD-SOFR + 1.14% on 7/3/2028) <sup>(e)(f)</sup>  | 2250 | 2267 |
| CaixaBank SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029) <sup>(e)(f)</sup>  | 9619 | 10004 |
| CaixaBank SA 4.885% 7/3/2031 (USD-SOFR + 1.36% on 7/3/2030) <sup>(e)(f)</sup>  | 11698 | 11839 |
| CaixaBank SA 6.84% 9/13/2034 (USD-SOFR + 2.77% on 9/13/2033) <sup>(e)(f)</sup>  | 2185 | 2421 |
| CaixaBank SA 6.037% 6/15/2035 (USD-SOFR + 2.26% on 9/15/2034) <sup>(e)(f)</sup>  | 4232 | 4459 |
| CaixaBank SA 5.581% 7/3/2036 (USD-SOFR + 1.79% on 7/3/2035) <sup>(e)(f)</sup>  | 877 | 887 |
| Canadian Imperial Bank of Commerce 4.857% 3/30/2029 (USD-SOFR + 1.03% on 3/31/2028) <sup>(f)</sup>  | 2500 | 2537 |
| Canadian Imperial Bank of Commerce 5.245% 1/13/2031 (USD-SOFR + 1.105% on 1/13/2030) <sup>(f)</sup>  | 5000 | 5164 |
| Chubb INA Holdings, LLC 5.00% 3/15/2034  | 7121 | 7237 |
| Chubb INA Holdings, LLC 4.90% 8/15/2035  | 3500 | 3482 |
| Citibank, NA 4.914% 5/29/2030  | 8775 | 9007 |
| Citigroup, Inc. 4.786% 3/4/2029 (USD-SOFR + 0.87% on 3/4/2028) <sup>(f)</sup>  | 14170 | 14357 |
| Citigroup, Inc. 5.174% 2/13/2030 (USD-SOFR + 1.364% on 2/13/2029) <sup>(f)</sup>  | 2350 | 2412 |
| Citigroup, Inc. 4.542% 9/19/2030 (USD-SOFR + 1.338% on 9/19/2029) <sup>(f)</sup>  | 10907 | 10961 |
| Citigroup, Inc. 4.952% 5/7/2031 (USD-SOFR + 1.463% on 5/7/2030) <sup>(f)</sup>  | 3781 | 3853 |
| Citigroup, Inc. 2.572% 6/3/2031 (USD-SOFR + 2.107% on 6/3/2030) <sup>(f)</sup>  | 8500 | 7805 |
| Citigroup, Inc. 2.561% 5/1/2032 (USD-SOFR + 1.167% on 5/1/2031) <sup>(f)</sup>  | 806 | 724 |
| Citigroup, Inc. 2.52% 11/3/2032 (USD-SOFR + 1.177% on 11/3/2031) <sup>(f)</sup>  | 7856 | 6957 |
| Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) <sup>(f)</sup>  | 1639 | 1657 |
| Citizens Financial Group, Inc. 5.718% 7/23/2032 (USD-SOFR + 1.91% on 7/23/2031) <sup>(f)</sup>  | 10942 | 11431 |
| Citizens Financial Group, Inc. 6.645% 4/25/2035 (USD-SOFR + 2.325% on 4/25/2034) <sup>(f)</sup>  | 12000 | 13056 |
| Corebridge Financial, Inc. 3.65% 4/5/2027  | 27016 | 26778 |
| Corebridge Financial, Inc. 3.90% 4/5/2032  | 281 | 266 |
| Corebridge Global Funding 4.25% 8/21/2028 <sup>(e)</sup>  | 12500 | 12541 |
| Corebridge Global Funding 4.90% 8/21/2032 <sup>(e)</sup>  | 2000 | 2008 |
| Deutsche Bank AG 2.552% 1/7/2028 (USD-SOFR + 1.318% on 1/7/2027) <sup>(f)</sup>  | 13473 | 13162 |
| Deutsche Bank AG 6.72% 1/18/2029 (USD-SOFR + 3.18% on 1/18/2028) <sup>(f)</sup>  | 4100 | 4314 |
| Deutsche Bank AG 5.297% 5/9/2031 (USD-SOFR + 1.72% on 5/9/2030) <sup>(f)</sup>  | 1700 | 1742 |
| Deutsche Bank AG 5.403% 9/11/2035 (USD-SOFR + 2.05% on 9/11/2034) <sup>(f)</sup>  | 1200 | 1209 |

---

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **25** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** | **Financials (continued)** | **Financials (continued)** |
| DNB Bank ASA 1.127% 9/16/2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on <br>9/16/2025) <sup>(e)(f)</sup>  | USD6,500 | $6491 |
| DNB Bank ASA 5.896% 10/9/2026 (USD-SOFR + 1.95% on 10/9/2025) <sup>(e)(f)</sup>  | 10000 | 10013 |
| DNB Bank ASA 1.535% 5/25/2027 (5-year UST Yield Curve Rate T Note Constant Maturity + 0.72% on <br>5/25/2026) <sup>(e)(f)</sup>  | 12150 | 11912 |
| Fifth Third Bancorp 4.895% 9/6/2030 (USD-SOFR + 1.486% on 9/6/2029) <sup>(f)</sup>  | 4947 | 5034 |
| First Citizens BancShares, Inc. 5.231% 3/12/2031 (USD-SOFR + 1.41% on 3/12/2030) <sup>(f)</sup>  | 6245 | 6337 |
| Fiserv, Inc. 3.20% 7/1/2026  | 13500 | 13379 |
| Goldman Sachs Group, Inc. 1.431% 3/9/2027 (USD-SOFR + 0.795% on 3/9/2026) <sup>(f)</sup>  | 10000 | 9846 |
| Goldman Sachs Group, Inc. 4.937% 4/23/2028 (USD-SOFR + 1.319% on 4/23/2027) <sup>(f)</sup>  | 3000 | 3032 |
| Goldman Sachs Group, Inc. 5.049% 7/23/2030 (USD-SOFR + 1.21% on 7/23/2029) <sup>(f)</sup>  | 2649 | 2713 |
| Goldman Sachs Group, Inc. 4.692% 10/23/2030 (USD-SOFR + 1.135% on 10/23/2029) <sup>(f)</sup>  | 14317 | 14478 |
| Goldman Sachs Group, Inc. 5.207% 1/28/2031 (USD-SOFR + 1.078% on 1/28/2030) <sup>(f)</sup>  | 3000 | 3092 |
| Goldman Sachs Group, Inc. 1.992% 1/27/2032 (USD-SOFR + 1.09% on 1/27/2031) <sup>(f)</sup>  | 3640 | 3198 |
| Goldman Sachs Group, Inc. 5.851% 4/25/2035 (USD-SOFR + 1.552% on 4/25/2034) <sup>(f)</sup>  | 2000 | 2110 |
| Guardian Life Global Funding 0.875% 12/10/2025 <sup>(e)</sup>  | 14000 | 13866 |
| HSBC Holdings PLC 4.292% 9/12/2026 (3-month USD CME Term SOFR + 1.609% on 9/12/2025) <sup>(f)</sup>  | 6150 | 6150 |
| HSBC Holdings PLC 4.755% 6/9/2028 (USD-SOFR + 2.11% on 6/9/2027) <sup>(f)</sup>  | 13875 | 13981 |
| HSBC Holdings PLC 7.39% 11/3/2028 (USD-SOFR + 7.39% on 11/3/2027) <sup>(f)</sup>  | 7259 | 7716 |
| HSBC Holdings PLC 2.206% 8/17/2029 (USD-SOFR + 1.285% on 8/17/2028) <sup>(f)</sup>  | 1136 | 1070 |
| HSBC Holdings PLC 5.286% 11/19/2030 (USD-SOFR + 1.29% on 11/19/2029) <sup>(f)</sup>  | 3067 | 3164 |
| HSBC Holdings PLC 5.13% 3/3/2031 (USD-SOFR + 1.29% on 3/3/2030) <sup>(f)</sup>  | 14500 | 14858 |
| HSBC Holdings PLC 2.804% 5/24/2032 (USD-SOFR + 1.187% on 5/24/2031) <sup>(f)</sup>  | 267 | 241 |
| HSBC Holdings PLC 5.45% 3/3/2036 (USD-SOFR + 1.56% on 3/3/2035) <sup>(f)</sup>  | 1669 | 1697 |
| Intercontinental Exchange, Inc. 5.25% 6/15/2031  | 2620 | 2740 |
| Intesa Sanpaolo SpA 8.248% 11/21/2033 (1-year UST Yield Curve Rate T Note Constant Maturity + 4.40% on <br> 11/21/2032) <sup>(e)(f)</sup>  | 2500 | 2925 |
| JPMorgan Chase & Co. 5.04% 1/23/2028 (USD-SOFR + 1.19% on 1/23/2027) <sup>(f)</sup>  | 5371 | 5429 |
| JPMorgan Chase & Co. 3.782% 2/1/2028 (3-month USD CME Term SOFR + 1.599% on 2/1/2027) <sup>(f)</sup>  | 5000 | 4972 |
| JPMorgan Chase & Co. 4.505% 10/22/2028 (USD-SOFR + 0.86% on 10/22/2027) <sup>(f)</sup>  | 7555 | 7606 |
| JPMorgan Chase & Co. 5.299% 7/24/2029 (USD-SOFR + 1.45% on 7/24/2028) <sup>(f)</sup>  | 4843 | 4990 |
| JPMorgan Chase & Co. 5.581% 4/22/2030 (USD-SOFR + 1.16% on 4/22/2029) <sup>(f)</sup>  | 2174 | 2270 |
| JPMorgan Chase & Co. 4.995% 7/22/2030 (USD-SOFR + 1.125% on 7/22/2029) <sup>(f)</sup>  | 10178 | 10441 |
| JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) <sup>(f)</sup>  | 10000 | 10112 |
| JPMorgan Chase & Co. 5.14% 1/24/2031 (USD-SOFR + 0.90% on 1/24/2030) <sup>(f)</sup>  | 15000 | 15462 |
| JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031) <sup>(f)</sup>  | 1605 | 1411 |
| JPMorgan Chase & Co. 2.545% 11/8/2032 (USD-SOFR + 1.18% on 11/8/2031) <sup>(f)</sup>  | 5605 | 4999 |
| JPMorgan Chase & Co. 5.572% 4/22/2036 (USD-SOFR + 1.68% on 4/22/2035) <sup>(f)</sup>  | 18952 | 19711 |
| KfW 5.125% 9/29/2025  | 10813 | 10819 |
| Lloyds Banking Group PLC 1.627% 5/11/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on <br> 5/11/2026) <sup>(f)</sup>  | 2150 | 2110 |
| Lloyds Banking Group PLC 5.985% 8/7/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.48% on <br> 8/7/2026) <sup>(f)</sup>  | 6785 | 6882 |
| Marsh & McLennan Cos., Inc. 4.65% 3/15/2030  | 5700 | 5805 |
| Marsh & McLennan Cos., Inc. 4.85% 11/15/2031  | 16435 | 16831 |
| Marsh & McLennan Cos., Inc. 5.00% 3/15/2035  | 4800 | 4822 |
| Mastercard, Inc. 4.875% 3/9/2028  | 6351 | 6505 |
| Mastercard, Inc. 4.35% 1/15/2032  | 10000 | 10011 |
| Mastercard, Inc. 4.95% 3/15/2032  | 1350 | 1401 |
| Mastercard, Inc. 4.875% 5/9/2034  | 1059 | 1079 |
| Mastercard, Inc. 4.55% 1/15/2035  | 789 | 780 |
| Metropolitan Life Global Funding I 3.45% 12/18/2026 <sup>(e)</sup>  | 1170 | 1161 |
| Metropolitan Life Global Funding I 1.875% 1/11/2027 <sup>(e)</sup>  | 12000 | 11649 |
| Metropolitan Life Global Funding I 4.40% 6/30/2027 <sup>(e)</sup>  | 9400 | 9463 |
| Metropolitan Life Global Funding I 4.15% 8/25/2028 <sup>(e)</sup>  | 5000 | 5018 |
| Morgan Stanley 3.125% 7/27/2026  | 770 | 763 |
| Morgan Stanley 0.985% 12/10/2026 (USD-SOFR + 0.72% on 12/10/2025) <sup>(f)</sup>  | 1000 | 990 |
| Morgan Stanley 5.164% 4/20/2029 (USD-SOFR + 1.59% on 4/20/2028) <sup>(f)</sup>  | 17883 | 18286 |
| Morgan Stanley 4.654% 10/18/2030 (USD-SOFR + 1.10% on 10/18/2029) <sup>(f)</sup>  | 6197 | 6259 |
| Morgan Stanley 5.192% 4/17/2031 (USD-SOFR + 1.51% on 4/17/2030) <sup>(f)</sup>  | 8387 | 8648 |
| Morgan Stanley 6.627% 11/1/2034 (USD-SOFR + 2.05% on 11/1/2033) <sup>(f)</sup>  | 2500 | 2776 |
| Morgan Stanley 5.32% 7/19/2035 (USD-SOFR + 1.555% on 7/19/2034) <sup>(f)</sup>  | 7870 | 8023 |
| Morgan Stanley 5.664% 4/17/2036 (USD-SOFR + 1.757% on 4/17/2035) <sup>(f)</sup>  | 1866 | 1943 |
| Morgan Stanley 5.516% 11/19/2055 (USD-SOFR + 1.71% on 11/19/2054) <sup>(f)</sup>  | 42 | 41 |
| NatWest Group PLC 1.642% 6/14/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.90% on <br> 6/14/2026) <sup>(f)</sup>  | 20000 | 19580 |

---

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| | |
|:---|:---|
| **26** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** | **Financials (continued)** | **Financials (continued)** |
| New York Life Global Funding 0.85% 1/15/2026 <sup>(e)</sup>  | USD10,870 | $10727 |
| New York Life Global Funding 4.60% 12/5/2029 <sup>(e)</sup>  | 740 | 751 |
| New York Life Global Funding 4.55% 1/28/2033 <sup>(e)</sup>  | 1347 | 1332 |
| Northwestern Mutual Global Funding 0.80% 1/14/2026 <sup>(e)</sup>  | 15314 | 15116 |
| PNC Bank, NA 4.543% 5/13/2027 (USD-SOFR + 0.63% on 5/13/2026) <sup>(f)</sup>  | 17204 | 17235 |
| PNC Bank, NA 5.373% 7/21/2036 (USD-SOFR + 1.417% on 7/21/2035) <sup>(f)</sup>  | 892 | 907 |
| PNC Financial Services Group, Inc. 4.758% 1/26/2027 (USD-SOFR + 1.085% on 1/26/2026) <sup>(f)</sup>  | 800 | 801 |
| PNC Financial Services Group, Inc. 5.30% 1/21/2028 (USD-SOFR + 1.342% on 1/21/2027) <sup>(f)</sup>  | 8825 | 8964 |
| PNC Financial Services Group, Inc. 5.582% 6/12/2029 (USD-SOFR + 1.841% on 6/12/2028) <sup>(f)</sup>  | 19943 | 20691 |
| PNC Financial Services Group, Inc. 5.222% 1/29/2031 (USD-SOFR + 1.072% on 1/29/2030) <sup>(f)</sup>  | 7687 | 7946 |
| PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033) <sup>(f)</sup>  | 700 | 786 |
| PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034) <sup>(f)</sup>  | 3900 | 4067 |
| PNC Financial Services Group, Inc. 5.575% 1/29/2036 (USD-SOFR + 1.394% on 1/29/2035) <sup>(f)</sup>  | 1000 | 1033 |
| Pricoa Global Funding I 4.75% 8/26/2032 <sup>(e)</sup>  | 2500 | 2518 |
| Royal Bank of Canada 4.875% 1/12/2026  | 6665 | 6676 |
| Royal Bank of Canada 4.965% 1/24/2029 (USD-SOFR + 0.83% on 1/24/2028) <sup>(f)</sup>  | 10000 | 10186 |
| Royal Bank of Canada 5.153% 2/4/2031 (USD-SOFR + 1.03% on 2/4/2030) <sup>(f)</sup>  | 17250 | 17778 |
| Royal Bank of Canada 4.971% 5/2/2031 (USD-SOFR Index + 1.13% on 5/2/2030) <sup>(f)</sup>  | 16750 | 17173 |
| Royal Bank of Canada 4.696% 8/6/2031 (USD-SOFR + 1.06% on 8/6/2030) <sup>(f)</sup>  | 2500 | 2526 |
| State Street Corp. 4.834% 4/24/2030  | 2000 | 2055 |
| Sumitomo Mitsui Financial Group, Inc. 5.88% 7/13/2026  | 12317 | 12489 |
| Toronto-Dominion Bank (The) 4.568% 12/17/2026  | 6665 | 6699 |
| Toronto-Dominion Bank (The) 4.861% 1/31/2028  | 10095 | 10268 |
| Toronto-Dominion Bank (The) 4.783% 12/17/2029  | 7332 | 7495 |
| Toronto-Dominion Bank (The) 4.808% 6/3/2030  | 5000 | 5109 |
| Toronto-Dominion Bank (The) 5.298% 1/30/2032  | 4000 | 4162 |
| Travelers Cos., Inc. 5.05% 7/24/2035  | 874 | 880 |
| Truist Bank 4.671% 5/20/2027 (USD-SOFR + 0.59% on 5/20/2026) <sup>(f)</sup>  | 8000 | 8017 |
| Truist Financial Corp. 5.071% 5/20/2031 (USD-SOFR + 1.309% on 5/20/2030) <sup>(f)</sup>  | 16187 | 16589 |
| Truist Financial Corp. 5.153% 8/5/2032 (USD-SOFR + 1.571% on 8/5/2031) <sup>(f)</sup>  | 13824 | 14234 |
| U.S. Bancorp 5.727% 10/21/2026 (USD-SOFR + 1.43% on 10/21/2025) <sup>(f)</sup>  | 20000 | 20031 |
| U.S. Bancorp 4.653% 2/1/2029 (USD-SOFR + 1.23% on 2/1/2028) <sup>(f)</sup>  | 1119 | 1132 |
| U.S. Bancorp 5.046% 2/12/2031 (USD-SOFR + 1.061% on 2/12/2030) <sup>(f)</sup>  | 10000 | 10262 |
| UBS Group AG 5.428% 2/8/2030 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.52% on <br>2/8/2029) <sup>(e)(f)</sup>  | 7475 | 7724 |
| UBS Group AG 2.095% 2/11/2032 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.00% on <br>2/11/2031) <sup>(e)(f)</sup>  | 2483 | 2184 |
| Wells Fargo & Co. 5.707% 4/22/2028 (USD-SOFR + 1.07% on 4/22/2027) <sup>(f)</sup>  | 20000 | 20459 |
| Wells Fargo & Co. 5.574% 7/25/2029 (USD-SOFR + 1.74% on 7/25/2028) <sup>(f)</sup>  | 7095 | 7356 |
| Wells Fargo & Co. 6.303% 10/23/2029 (USD-SOFR + 1.79% on 10/23/2028) <sup>(f)</sup>  | 10050 | 10655 |
| Wells Fargo & Co. 2.879% 10/30/2030 (3-month USD CME Term SOFR + 1.432% on 10/30/2029) <sup>(f)</sup>  | 3529 | 3333 |
| Wells Fargo & Co. 5.15% 4/23/2031 (USD-SOFR + 1.50% on 4/23/2030) <sup>(f)</sup>  | 10866 | 11194 |
| Wells Fargo & Co. 3.35% 3/2/2033 (USD-SOFR + 1.50% on 3/2/2032) <sup>(f)</sup>  | 1465 | 1351 |
| Wells Fargo & Co. 5.605% 4/23/2036 (USD-SOFR + 1.74% on 4/23/2035) <sup>(f)</sup>  | 4425 | 4596 |
| Zions BanCorp., NA 4.704% 8/18/2028 (USD-SOFR + 1.555% on 8/18/2027) <sup>(f)</sup>  | 8000 | 8032 |
|  |  | 1301521 |
| **Health care 1.71%** | **Health care 1.71%** | **Health care 1.71%** |
| AbbVie, Inc. 4.80% 3/15/2029  | 30000 | 30722 |
| AbbVie, Inc. 3.20% 11/21/2029  | 4575 | 4410 |
| AbbVie, Inc. 4.95% 3/15/2031  | 22565 | 23306 |
| AbbVie, Inc. 5.05% 3/15/2034  | 1800 | 1834 |
| AbbVie, Inc. 5.20% 3/15/2035  | 5093 | 5215 |
| Amgen, Inc. 5.15% 3/2/2028  | 11195 | 11458 |
| Amgen, Inc. 3.00% 2/22/2029  | 16261 | 15655 |
| Amgen, Inc. 4.05% 8/18/2029  | 10000 | 9956 |
| Amgen, Inc. 5.25% 3/2/2030  | 5891 | 6104 |
| Amgen, Inc. 5.25% 3/2/2033  | 9000 | 9242 |
| Bristol-Myers Squibb Co. 4.90% 2/22/2029  | 1100 | 1130 |
| Bristol-Myers Squibb Co. 5.10% 2/22/2031  | 4725 | 4917 |
| Bristol-Myers Squibb Co. 2.95% 3/15/2032  | 4500 | 4107 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 12555 | 12895 |
| Centene Corp. 2.45% 7/15/2028  | 3835 | 3545 |
| Cigna Group (The) 1.25% 3/15/2026  | 3014 | 2965 |
| CVS Health Corp. 3.625% 4/1/2027  | 3025 | 2998 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **27** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Health care (continued)** | **Health care (continued)** | **Health care (continued)** |
| CVS Health Corp. 1.30% 8/21/2027  | USD16,000 | $15115 |
| CVS Health Corp. 5.40% 6/1/2029  | 9490 | 9812 |
| CVS Health Corp. 5.25% 1/30/2031  | 4880 | 5020 |
| CVS Health Corp. 1.875% 2/28/2031  | 4830 | 4183 |
| CVS Health Corp. 5.55% 6/1/2031  | 9315 | 9737 |
| CVS Health Corp. 5.00% 9/15/2032  | 26906 | 27038 |
| CVS Health Corp. 5.45% 9/15/2035  | 12675 | 12708 |
| Elevance Health, Inc. 4.90% 2/8/2026  | 6009 | 6009 |
| Elevance Health, Inc. 5.20% 2/15/2035  | 1445 | 1454 |
| Eli Lilly and Co. 4.00% 10/15/2028  | 2500 | 2506 |
| Eli Lilly and Co. 4.90% 2/12/2032  | 20690 | 21373 |
| Eli Lilly and Co. 4.55% 10/15/2032  | 2000 | 2011 |
| Eli Lilly and Co. 5.10% 2/12/2035  | 2757 | 2827 |
| Eli Lilly and Co. 4.90% 10/15/2035  | 10000 | 10060 |
| Gilead Sciences, Inc. 5.25% 10/15/2033  | 3305 | 3435 |
| HCA, Inc. 3.125% 3/15/2027  | 15875 | 15625 |
| HCA, Inc. 3.375% 3/15/2029  | 3459 | 3349 |
| HCA, Inc. 2.375% 7/15/2031  | 3023 | 2666 |
| Humana, Inc. 5.375% 4/15/2031  | 29141 | 30088 |
| Johnson & Johnson 5.00% 3/1/2035  | 2000 | 2058 |
| Medtronic Global Holdings S.C.A. 4.25% 3/30/2028  | 6917 | 6971 |
| Pfizer Investment Enterprises Pte., Ltd. 4.45% 5/19/2028  | 9000 | 9110 |
| Pfizer Investment Enterprises Pte., Ltd. 4.75% 5/19/2033  | 5425 | 5438 |
| Roche Holdings, Inc. 4.203% 9/9/2029 <sup>(e)</sup>  | 5562 | 5590 |
| Solventum Corp. 5.40% 3/1/2029  | 10000 | 10429 |
| Stryker Corp. 4.85% 2/10/2030  | 2700 | 2771 |
| Stryker Corp. 5.20% 2/10/2035  | 1600 | 1637 |
| Takeda U.S. Financing, Inc. 5.20% 7/7/2035  | 19225 | 19321 |
| Thermo Fisher Scientific, Inc. 1.75% 10/15/2028  | 2703 | 2528 |
| UnitedHealth Group, Inc. 1.15% 5/15/2026  | 9295 | 9096 |
| UnitedHealth Group Inc. 4.40% 6/15/2028  | 5000 | 5050 |
| UnitedHealth Group, Inc. 4.00% 5/15/2029  | 6500 | 6468 |
| UnitedHealth Group, Inc. 2.00% 5/15/2030  | 13500 | 12222 |
| UnitedHealth Group Inc. 4.65% 1/15/2031  | 1600 | 1622 |
| UnitedHealth Group, Inc. 4.90% 4/15/2031  | 650 | 665 |
| UnitedHealth Group, Inc. 4.95% 1/15/2032  | 9614 | 9814 |
| UnitedHealth Group, Inc. 4.20% 5/15/2032  | 3066 | 2991 |
| UnitedHealth Group, Inc. 5.30% 6/15/2035  | 11200 | 11453 |
|  |  | 460709 |
| **Utilities 1.70%** | **Utilities 1.70%** | **Utilities 1.70%** |
| Alabama Power Co. 3.75% 9/1/2027  | 5000 | 4986 |
| American Electric Power Co., Inc. 4.30% 12/1/2028  | 2585 | 2600 |
| American Transmission Systems, Inc. 2.65% 1/15/2032 <sup>(e)</sup>  | 5125 | 4558 |
| CenterPoint Energy Houston Electric, LLC 5.05% 3/1/2035  | 700 | 704 |
| CenterPoint Energy, Inc. 1.45% 6/1/2026  | 1250 | 1223 |
| CenterPoint Energy, Inc. 2.65% 6/1/2031  | 5000 | 4537 |
| Cleveland Electric Illuminating Co. (The) 3.50% 4/1/2028 <sup>(e)</sup>  | 2210 | 2167 |
| CMS Energy Corp. 3.00% 5/15/2026  | 10285 | 10190 |
| Connecticut Light and Power Co. (The) 2.05% 7/1/2031  | 4959 | 4372 |
| Connecticut Light and Power Co. (The) 4.95% 8/15/2034  | 2125 | 2140 |
| Consumers Energy Co. 3.80% 11/15/2028  | 4100 | 4074 |
| Consumers Energy Co. 4.50% 1/15/2031  | 11384 | 11500 |
| Consumers Energy Co. 3.60% 8/15/2032  | 10844 | 10206 |
| Consumers Energy Co. 4.625% 5/15/2033  | 1929 | 1916 |
| Consumers Energy Co. 5.05% 5/15/2035  | 5336 | 5382 |
| DTE Energy Co. 4.95% 7/1/2027  | 6525 | 6616 |
| Duke Energy Florida, LLC 1.75% 6/15/2030  | 16616 | 14854 |
| Edison International 5.25% 11/15/2028  | 5950 | 6010 |
| Edison International 5.45% 6/15/2029  | 1722 | 1742 |
| Edison International 6.95% 11/15/2029  | 5800 | 6159 |
| Edison International 6.25% 3/15/2030  | 8889 | 9253 |
| Edison International 5.25% 3/15/2032  | 3862 | 3802 |
| Enel Finance International NV 2.125% 7/12/2028 <sup>(e)</sup>  | 1175 | 1107 |
| Entergy Corp. 0.90% 9/15/2025  | 6025 | 6017 |

---

---

| | |
|:---|:---|
| **28** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Utilities (continued)** | **Utilities (continued)** | **Utilities (continued)** |
| Entergy Corp. 1.90% 6/15/2028  | USD10,000 | $9418 |
| Entergy Louisiana, LLC 3.12% 9/1/2027  | 1110 | 1091 |
| Eversource Energy 1.40% 8/15/2026  | 17138 | 16673 |
| Eversource Energy 5.95% 2/1/2029  | 5000 | 5249 |
| FirstEnergy Corp. 1.60% 1/15/2026  | 33567 | 33176 |
| FirstEnergy Corp. 2.25% 9/1/2030  | 3975 | 3572 |
| FirstEnergy Transmission, LLC 2.866% 9/15/2028 <sup>(e)</sup>  | 100 | 96 |
| Florida Power & Light Co. 4.40% 5/15/2028  | 12505 | 12627 |
| Florida Power & Light Co. 4.80% 5/15/2033  | 7786 | 7864 |
| Florida Power & Light Co. 5.30% 6/15/2034  | 3310 | 3425 |
| Jersey Central Power & Light Co. 5.10% 1/15/2035  | 375 | 375 |
| Monongahela Power Co. 3.55% 5/15/2027 <sup>(e)</sup>  | 5500 | 5443 |
| NextEra Energy Capital Holdings, Inc. 4.685% 9/1/2027  | 10325 | 10427 |
| Northern States Power Co. 5.05% 5/15/2035  | 6225 | 6296 |
| Pacific Gas and Electric Co. 2.10% 8/1/2027  | 8000 | 7671 |
| Pacific Gas and Electric Co. 2.50% 2/1/2031  | 16652 | 14775 |
| Pacific Gas and Electric Co. 4.40% 3/1/2032  | 2145 | 2073 |
| Pacific Gas and Electric Co. 5.90% 6/15/2032  | 2648 | 2756 |
| Pacific Gas and Electric Co. 6.15% 1/15/2033  | 2405 | 2529 |
| Pacific Gas and Electric Co. 6.40% 6/15/2033  | 12367 | 13147 |
| Pacific Gas and Electric Co. 6.95% 3/15/2034  | 87 | 95 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 11909 | 12080 |
| Pacific Gas and Electric Co. 6.00% 8/15/2035  | 16785 | 17371 |
| PacifiCorp 5.30% 2/15/2031  | 22000 | 22845 |
| PacifiCorp 5.45% 2/15/2034  | 1650 | 1678 |
| Progress Energy, Inc. 7.00% 10/30/2031  | 275 | 310 |
| Public Service Electric and Gas Co. 2.45% 1/15/2030  | 1471 | 1372 |
| Public Service Electric and Gas Co. 1.90% 8/15/2031  | 5449 | 4753 |
| Public Service Electric and Gas Co. 5.20% 8/1/2033  | 733 | 759 |
| Public Service Electric and Gas Co. 4.85% 8/1/2034  | 2095 | 2102 |
| Public Service Electric and Gas Co. 4.90% 8/15/2035  | 5277 | 5261 |
| Public Service Enterprise Group, Inc. 5.40% 3/15/2035  | 250 | 255 |
| Southern California Edison Co. 1.20% 2/1/2026  | 2770 | 2729 |
| Southern California Edison Co. 4.40% 9/6/2026  | 10000 | 10010 |
| Southern California Edison Co. 3.65% 3/1/2028  | 7000 | 6889 |
| Southern California Edison Co. 2.85% 8/1/2029  | 5235 | 4930 |
| Southern California Edison Co. 5.25% 3/15/2030  | 21346 | 21855 |
| Southern California Edison Co. 2.25% 6/1/2030  | 7230 | 6507 |
| Southern California Edison Co. 2.50% 6/1/2031  | 9969 | 8829 |
| Southern California Edison Co. 5.45% 6/1/2031  | 1337 | 1384 |
| Southern California Edison Co. 2.75% 2/1/2032  | 10875 | 9560 |
| Southern California Edison Co. 5.20% 6/1/2034  | 597 | 594 |
| Southern California Edison Co. 5.45% 3/1/2035  | 5545 | 5588 |
| Southern California Edison Co. 5.625% 2/1/2036  | 484 | 488 |
| Tampa Electric Co. 5.15% 3/1/2035  | 2525 | 2549 |
| WEC Energy Group, Inc. 5.15% 10/1/2027  | 4353 | 4437 |
| Wisconsin Public Service Corp. 4.55% 12/1/2029  | 9195 | 9370 |
| Xcel Energy, Inc. 5.50% 3/15/2034  | 6638 | 6794 |
| Xcel Energy, Inc. 5.60% 4/15/2035  | 2135 | 2184 |
|  |  | 458376 |
| **Consumer discretionary 1.39%** | **Consumer discretionary 1.39%** | **Consumer discretionary 1.39%** |
| American Honda Finance Corp. 1.00% 9/10/2025  | 13000 | 12990 |
| American Honda Finance Corp. 1.30% 9/9/2026  | 7500 | 7284 |
| Daimler Trucks Finance North America, LLC 5.00% 1/15/2027 <sup>(e)</sup>  | 5691 | 5747 |
| Daimler Trucks Finance North America, LLC 5.40% 9/20/2028 <sup>(e)</sup>  | 11271 | 11643 |
| Daimler Trucks Finance North America, LLC 2.375% 12/14/2028 <sup>(e)</sup>  | 6525 | 6158 |
| Ford Motor Credit Co., LLC 3.375% 11/13/2025  | 255 | 254 |
| Ford Motor Credit Co., LLC 6.95% 3/6/2026  | 1405 | 1417 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026  | 1070 | 1084 |
| Ford Motor Credit Co., LLC 2.70% 8/10/2026  | 200 | 196 |
| Ford Motor Credit Co., LLC 4.271% 1/9/2027  | 200 | 198 |
| Ford Motor Credit Co., LLC 5.85% 5/17/2027  | 12000 | 12125 |
| Ford Motor Credit Co., LLC 4.95% 5/28/2027  | 5980 | 5970 |
| Ford Motor Credit Co., LLC 4.125% 8/17/2027  | 2275 | 2233 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **29** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Consumer discretionary (continued)** | **Consumer discretionary (continued)** | **Consumer discretionary (continued)** |
| Ford Motor Credit Co., LLC 3.815% 11/2/2027  | USD765 | $745 |
| Ford Motor Credit Co., LLC 7.35% 11/4/2027  | 3715 | 3869 |
| Ford Motor Credit Co., LLC 2.90% 2/16/2028  | 650 | 617 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 16449 | 16699 |
| Ford Motor Credit Co., LLC 6.80% 5/12/2028  | 10010 | 10399 |
| Ford Motor Credit Co., LLC 6.798% 11/7/2028  | 8214 | 8552 |
| Ford Motor Credit Co., LLC 5.80% 3/8/2029  | 15000 | 15172 |
| Ford Motor Credit Co., LLC 5.875% 11/7/2029  | 15500 | 15674 |
| Ford Motor Credit Co., LLC 4.00% 11/13/2030  | 450 | 419 |
| Ford Motor Credit Co., LLC 6.532% 3/19/2032  | 14500 | 14910 |
| Ford Motor Credit Co., LLC 7.122% 11/7/2033  | 631 | 660 |
| General Motors Financial Co., Inc. 5.40% 4/6/2026  | 13440 | 13505 |
| General Motors Financial Co., Inc. 4.90% 10/6/2029  | 5991 | 6038 |
| General Motors Financial Co., Inc. 5.35% 1/7/2030  | 8725 | 8927 |
| Home Depot, Inc. 4.95% 6/25/2034  | 13198 | 13431 |
| Hyatt Hotels Corp. 5.05% 3/30/2028  | 3399 | 3458 |
| Hyatt Hotels Corp. 5.75% 3/30/2032  | 4251 | 4406 |
| Hyundai Capital America 1.80% 10/15/2025 <sup>(e)</sup>  | 7423 | 7396 |
| Hyundai Capital America 1.50% 6/15/2026 <sup>(e)</sup>  | 20850 | 20398 |
| Hyundai Capital America 5.45% 6/24/2026 <sup>(e)</sup>  | 6226 | 6275 |
| Hyundai Capital America 5.275% 6/24/2027 <sup>(e)</sup>  | 10000 | 10153 |
| Hyundai Capital America 2.375% 10/15/2027 <sup>(e)</sup>  | 745 | 716 |
| Hyundai Capital America 6.50% 1/16/2029 <sup>(e)</sup>  | 2835 | 3006 |
| Hyundai Capital America 5.30% 6/24/2029 <sup>(e)</sup>  | 2733 | 2807 |
| Hyundai Capital America 5.30% 1/8/2030 <sup>(e)</sup>  | 5000 | 5151 |
| Hyundai Capital America 5.15% 3/27/2030 <sup>(e)</sup>  | 1573 | 1607 |
| Hyundai Capital America 5.10% 6/24/2030 <sup>(e)</sup>  | 11737 | 11980 |
| Hyundai Capital America 4.75% 9/26/2031 <sup>(e)</sup>  | 13000 | 13078 |
| Marriott International, Inc. 4.20% 7/15/2027  | 12000 | 12023 |
| Marriott International, Inc. 4.90% 4/15/2029  | 2798 | 2855 |
| Marriott International, Inc. 4.50% 10/15/2031  | 9000 | 8929 |
| McDonald's Corp. 4.95% 3/3/2035  | 814 | 820 |
| Mercedes-Benz Finance North America, LLC 1.45% 3/2/2026 <sup>(e)</sup>  | 5445 | 5369 |
| Sands China, Ltd. 2.30% 3/8/2027  | 8000 | 7751 |
| Stellantis Finance US, Inc. 1.711% 1/29/2027 <sup>(e)</sup>  | 4050 | 3888 |
| Stellantis Finance US, Inc. 5.625% 1/12/2028 <sup>(e)</sup>  | 5000 | 5084 |
| Toyota Motor Credit Corp. 1.125% 6/18/2026  | 985 | 962 |
| Toyota Motor Credit Corp. 1.90% 1/13/2027  | 1710 | 1664 |
| Toyota Motor Credit Corp. 1.90% 4/6/2028  | 3555 | 3384 |
| Toyota Motor Credit Corp. 4.95% 1/9/2030  | 12490 | 12881 |
| Volkswagen Group of America Finance, LLC 4.95% 3/25/2027 <sup>(e)</sup>  | 9573 | 9641 |
| Volkswagen Group of America Finance, LLC 5.05% 3/27/2028 <sup>(e)</sup>  | 10000 | 10145 |
|  |  | 372743 |
| **Consumer staples 1.30%** | **Consumer staples 1.30%** | **Consumer staples 1.30%** |
| 7-Eleven, Inc. 0.95% 2/10/2026 <sup>(e)</sup>  | 2670 | 2628 |
| Altria Group, Inc. 4.40% 2/14/2026  | 8708 | 8701 |
| Altria Group, Inc. 4.875% 2/4/2028  | 2254 | 2289 |
| Altria Group, Inc. 4.50% 8/6/2030  | 4350 | 4353 |
| Altria Group, Inc. 2.45% 2/4/2032  | 2250 | 1960 |
| Altria Group, Inc. 5.25% 8/6/2035  | 5000 | 4993 |
| BAT Capital Corp. 3.215% 9/6/2026  | 14161 | 14012 |
| BAT Capital Corp. 6.343% 8/2/2030  | 4369 | 4716 |
| BAT Capital Corp. 5.834% 2/20/2031  | 2150 | 2275 |
| BAT Capital Corp. 5.35% 8/15/2032  | 24000 | 24720 |
| BAT Capital Corp. 6.421% 8/2/2033  | 8886 | 9692 |
| BAT Capital Corp. 6.00% 2/20/2034  | 631 | 670 |
| BAT Capital Corp. 5.625% 8/15/2035  | 2094 | 2149 |
| BAT International Finance PLC 5.931% 2/2/2029  | 12406 | 13044 |
| Campbell's Co. (The) 4.75% 3/23/2035  | 2026 | 1941 |
| Conagra Brands, Inc. 1.375% 11/1/2027  | 6375 | 5981 |
| Constellation Brands, Inc. 4.35% 5/9/2027  | 10515 | 10546 |
| Constellation Brands, Inc. 4.80% 5/1/2030  | 496 | 504 |
| Constellation Brands, Inc. 4.90% 5/1/2033  | 245 | 245 |
| Imperial Brands Finance PLC 4.50% 6/30/2028 <sup>(e)</sup>  | 1934 | 1947 |

---

---

| | |
|:---|:---|
| **30** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Consumer staples (continued)** | **Consumer staples (continued)** | **Consumer staples (continued)** |
| Imperial Brands Finance PLC 5.625% 7/1/2035 <sup>(e)</sup>  | USD7,250 | $7327 |
| J. M. Smucker Co. (The) 5.90% 11/15/2028  | 4657 | 4891 |
| J. M. Smucker Co. (The) 6.20% 11/15/2033  | 2478 | 2666 |
| Kroger Co. 1.70% 1/15/2031  | 2000 | 1746 |
| Kroger Co. 5.00% 9/15/2034  | 7781 | 7759 |
| Mars, Inc. 4.60% 3/1/2028 <sup>(e)</sup>  | 23000 | 23291 |
| Mars, Inc. 4.80% 3/1/2030 <sup>(e)</sup>  | 35252 | 35936 |
| Mars, Inc. 5.00% 3/1/2032 <sup>(e)</sup>  | 22134 | 22606 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(e)</sup>  | 17177 | 17347 |
| Mondelez International, Inc. 4.50% 5/6/2030  | 15000 | 15113 |
| Mondelez International, Inc. 5.125% 5/6/2035  | 2000 | 2027 |
| Philip Morris International, Inc. 5.00% 11/17/2025  | 1300 | 1301 |
| Philip Morris International, Inc. 5.125% 11/17/2027  | 19946 | 20377 |
| Philip Morris International, Inc. 4.125% 4/28/2028  | 5000 | 5012 |
| Philip Morris International, Inc. 4.625% 11/1/2029  | 18773 | 19077 |
| Philip Morris International, Inc. 4.375% 4/30/2030  | 10282 | 10344 |
| Philip Morris International, Inc. 5.50% 9/7/2030  | 5000 | 5262 |
| Philip Morris International, Inc. 5.125% 2/13/2031  | 11166 | 11543 |
| Philip Morris International, Inc. 4.75% 11/1/2031  | 3957 | 4016 |
| Philip Morris International, Inc. 5.75% 11/17/2032  | 281 | 298 |
| Philip Morris International, Inc. 5.375% 2/15/2033  | 300 | 311 |
| Philip Morris International, Inc. 5.625% 9/7/2033  | 400 | 420 |
| Philip Morris International, Inc. 5.25% 2/13/2034  | 211 | 216 |
| Philip Morris International, Inc. 4.90% 11/1/2034  | 6180 | 6156 |
| Philip Morris International, Inc. 4.875% 4/30/2035  | 513 | 508 |
| Procter & Gamble Co. 3.95% 1/26/2028  | 7500 | 7548 |
|  |  | 350464 |
| **Industrials 1.06%** | **Industrials 1.06%** | **Industrials 1.06%** |
| BAE Systems PLC 5.125% 3/26/2029 <sup>(e)</sup>  | 750 | 774 |
| BAE Systems PLC 5.25% 3/26/2031 <sup>(e)</sup>  | 8631 | 8996 |
| BAE Systems PLC 5.30% 3/26/2034 <sup>(e)</sup>  | 3000 | 3079 |
| Boeing Co. (The) 2.75% 2/1/2026  | 20292 | 20139 |
| Boeing Co. (The) 2.196% 2/4/2026  | 22066 | 21857 |
| Boeing Co. (The) 6.259% 5/1/2027  | 738 | 760 |
| Boeing Co. (The) 3.25% 2/1/2028  | 9350 | 9135 |
| Boeing Co. (The) 6.298% 5/1/2029  | 2852 | 3030 |
| Boeing Co. (The) 5.15% 5/1/2030  | 3959 | 4062 |
| Boeing Co. (The) 6.388% 5/1/2031  | 11349 | 12332 |
| Boeing Co. (The) 6.528% 5/1/2034  | 1400 | 1534 |
| Canadian Pacific Railway Co. 1.75% 12/2/2026  | 9790 | 9514 |
| Canadian Pacific Railway Co. 4.80% 3/30/2030  | 27842 | 28529 |
| Canadian Pacific Railway Co. 5.20% 3/30/2035  | 3300 | 3364 |
| CSX Corp. 5.05% 6/15/2035  | 3150 | 3182 |
| General Dynamics Corp. 1.15% 6/1/2026  | 10000 | 9775 |
| General Dynamics Corp. 4.95% 8/15/2035  | 1500 | 1516 |
| General Electric Co. 4.30% 7/29/2030  | 3181 | 3196 |
| General Electric Co. 4.90% 1/29/2036  | 2180 | 2191 |
| Johnson Controls International PLC 4.90% 12/1/2032  | 2313 | 2339 |
| L3Harris Technologies, Inc. 5.40% 1/15/2027  | 5555 | 5645 |
| L3Harris Technologies, Inc. 1.80% 1/15/2031  | 4000 | 3503 |
| L3Harris Technologies, Inc. 5.40% 7/31/2033  | 6114 | 6318 |
| Lockheed Martin Corp. 4.95% 10/15/2025  | 4445 | 4446 |
| Lockheed Martin Corp. 4.45% 5/15/2028  | 6968 | 7054 |
| Masco Corp. 1.50% 2/15/2028  | 4158 | 3894 |
| Norfolk Southern Corp. 5.05% 8/1/2030  | 4288 | 4442 |
| Norfolk Southern Corp. 4.45% 3/1/2033  | 2773 | 2727 |
| Norfolk Southern Corp. 5.10% 5/1/2035  | 6918 | 7000 |
| Northrop Grumman Corp. 4.65% 7/15/2030  | 2200 | 2239 |
| Northrop Grumman Corp. 4.70% 3/15/2033  | 8697 | 8707 |
| Paychex, Inc. 5.10% 4/15/2030  | 2341 | 2410 |
| Paychex, Inc. 5.35% 4/15/2032  | 929 | 961 |
| Paychex, Inc. 5.60% 4/15/2035  | 82 | 85 |
| RTX Corp. 5.00% 2/27/2026  | 4046 | 4056 |
| RTX Corp. 5.75% 11/8/2026  | 10000 | 10169 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **31** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Industrials (continued)** | **Industrials (continued)** | **Industrials (continued)** |
| RTX Corp. 1.90% 9/1/2031  | USD2,500 | $2168 |
| RTX Corp. 2.375% 3/15/2032  | 425 | 373 |
| RTX Corp. 6.10% 3/15/2034  | 2000 | 2172 |
| Siemens Financieringsmaatschappij NV 1.20% 3/11/2026 <sup>(e)</sup>  | 4172 | 4108 |
| Siemens Funding BV 5.20% 5/28/2035 <sup>(e)</sup>  | 13500 | 13904 |
| Union Pacific Corp. 5.10% 2/20/2035  | 3013 | 3067 |
| Veralto Corp. 5.35% 9/18/2028  | 10000 | 10332 |
| Verisk Analytics, Inc. 4.50% 8/15/2030  | 11263 | 11315 |
| Verisk Analytics, Inc. 5.125% 2/15/2036  | 3207 | 3188 |
| Waste Management, Inc. 4.875% 2/15/2029  | 10000 | 10291 |
| Waste Management, Inc. 4.625% 2/15/2030  | 400 | 408 |
| Waste Management, Inc. 4.95% 3/15/2035  | 262 | 263 |
|  |  | 284549 |
| **Energy 0.69%** | **Energy 0.69%** | **Energy 0.69%** |
| Baker Hughes Holdings, LLC 2.061% 12/15/2026  | 1671 | 1627 |
| Chevron Corp. 1.995% 5/11/2027  | 4663 | 4527 |
| Chevron USA, Inc. 1.018% 8/12/2027  | 2992 | 2840 |
| Chevron USA, Inc. 4.687% 4/15/2030  | 15513 | 15862 |
| Chevron USA, Inc. 4.98% 4/15/2035  | 1500 | 1526 |
| ConocoPhillips Co. 4.70% 1/15/2030  | 15950 | 16258 |
| ConocoPhillips Co. 4.85% 1/15/2032  | 17450 | 17759 |
| Diamondback Energy, Inc. 5.15% 1/30/2030  | 5851 | 6013 |
| Diamondback Energy, Inc. 5.55% 4/1/2035  | 1696 | 1716 |
| Energy Transfer, LP 6.10% 12/1/2028  | 7310 | 7692 |
| Eni SpA 5.50% 5/15/2034 <sup>(e)</sup>  | 1802 | 1839 |
| Eni SpA 5.75% 5/19/2035 <sup>(e)</sup>  | 4133 | 4269 |
| Enterprise Products Operating, LLC 5.05% 1/10/2026  | 8361 | 8375 |
| Enterprise Products Operating, LLC 4.95% 2/15/2035  | 716 | 715 |
| EOG Resources, Inc. 4.40% 7/15/2028  | 4147 | 4188 |
| EOG Resources, Inc. 5.35% 1/15/2036  | 1500 | 1523 |
| Exxon Mobil Corp. 2.61% 10/15/2030  | 7280 | 6793 |
| MPLX, LP 4.80% 2/15/2031  | 6250 | 6257 |
| MPLX, LP 5.00% 1/15/2033  | 28000 | 27764 |
| MPLX, LP 5.40% 9/15/2035  | 6138 | 6062 |
| Occidental Petroleum Corp. 5.375% 1/1/2032  | 4100 | 4127 |
| Occidental Petroleum Corp. 5.55% 10/1/2034  | 1924 | 1916 |
| ONEOK, Inc. 5.55% 11/1/2026  | 5705 | 5774 |
| Petroleos Mexicanos 6.875% 10/16/2025  | 2500 | 2504 |
| Petroleos Mexicanos 5.35% 2/12/2028  | 5000 | 4905 |
| Petroleos Mexicanos 6.84% 1/23/2030  | 4000 | 3999 |
| Pioneer Natural Resources Co. 1.125% 1/15/2026  | 6015 | 5942 |
| Saudi Arabian Oil Co. 1.625% 11/24/2025 <sup>(e)</sup>  | 1920 | 1908 |
| Saudi Arabian Oil Co. 5.25% 7/17/2034 <sup>(e)</sup>  | 695 | 713 |
| Shell Finance US, Inc. 2.75% 4/6/2030  | 3000 | 2840 |
| Shell Finance US, Inc. 4.125% 5/11/2035  | 1650 | 1568 |
| South Bow USA Infrastructure Holdings, LLC 5.026% 10/1/2029  | 4813 | 4875 |
| TotalEnergies Capital SA 4.724% 9/10/2034  | 1500 | 1500 |
|  |  | 186176 |
| **Information technology 0.69%** | **Information technology 0.69%** | **Information technology 0.69%** |
| Analog Devices, Inc. 1.70% 10/1/2028  | 2583 | 2414 |
| Analog Devices, Inc. 5.05% 4/1/2034  | 1581 | 1627 |
| Broadcom, Inc. 3.15% 11/15/2025  | 1650 | 1646 |
| Broadcom, Inc. 1.95% 2/15/2028 <sup>(e)</sup>  | 2435 | 2317 |
| Broadcom, Inc. 4.35% 2/15/2030  | 4350 | 4364 |
| Broadcom, Inc. 5.15% 11/15/2031  | 3326 | 3440 |
| Broadcom, Inc. 4.55% 2/15/2032  | 1978 | 1970 |
| Broadcom, Inc. 4.90% 7/15/2032  | 2000 | 2025 |
| Broadcom, Inc. 4.80% 10/15/2034  | 460 | 455 |
| Cisco Systems, Inc. 4.95% 2/26/2031  | 4854 | 5027 |
| Cisco Systems, Inc. 5.05% 2/26/2034  | 4385 | 4509 |
| Cisco Systems, Inc. 5.10% 2/24/2035  | 3699 | 3787 |
| Intel Corp. 4.875% 2/10/2026  | 10000 | 10017 |

---

---

| | |
|:---|:---|
| **32** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Information technology (continued)** | **Information technology (continued)** | **Information technology (continued)** |
| Intuit, Inc. 1.35% 7/15/2027  | USD1,325 | $1265 |
| Microchip Technology, Inc. 4.90% 3/15/2028  | 4731 | 4799 |
| Microchip Technology, Inc. 5.05% 3/15/2029  | 25400 | 25908 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 5049 | 5153 |
| Micron Technology, Inc. 6.05% 11/1/2035  | 1325 | 1393 |
| Oracle Corp. 5.25% 2/3/2032  | 6050 | 6222 |
| Oracle Corp. 5.50% 8/3/2035  | 700 | 714 |
| Roper Technologies, Inc. 4.25% 9/15/2028  | 8000 | 8032 |
| Roper Technologies, Inc. 4.45% 9/15/2030  | 25000 | 25063 |
| Roper Technologies, Inc. 5.10% 9/15/2035  | 6634 | 6620 |
| Synopsys, Inc. 4.55% 4/1/2027  | 10240 | 10305 |
| Synopsys, Inc. 4.65% 4/1/2028  | 18000 | 18247 |
| Synopsys, Inc. 4.85% 4/1/2030  | 2500 | 2551 |
| Synopsys, Inc. 5.00% 4/1/2032  | 2000 | 2041 |
| Synopsys, Inc. 5.15% 4/1/2035  | 13752 | 13877 |
| Texas Instruments, Inc. 4.60% 2/8/2029  | 7100 | 7258 |
| Texas Instruments, Inc. 5.10% 5/23/2035  | 3000 | 3069 |
|  |  | 186115 |
| **Communication services 0.64%** | **Communication services 0.64%** | **Communication services 0.64%** |
| AT&T, Inc. 1.70% 3/25/2026  | 2567 | 2530 |
| AT&T, Inc. 2.30% 6/1/2027  | 550 | 533 |
| AT&T, Inc. 1.65% 2/1/2028  | 2413 | 2278 |
| AT&T, Inc. 4.35% 3/1/2029  | 2500 | 2511 |
| AT&T, Inc. 2.55% 12/1/2033  | 5601 | 4716 |
| AT&T, Inc. 5.40% 2/15/2034  | 6070 | 6260 |
| AT&T, Inc. 4.50% 5/15/2035  | 2384 | 2282 |
| Charter Communications Operating, LLC 2.30% 2/1/2032  | 5000 | 4238 |
| Charter Communications Operating, LLC 4.40% 4/1/2033  | 10000 | 9407 |
| Charter Communications Operating, LLC 6.65% 2/1/2034  | 6730 | 7181 |
| Charter Communications Operating, LLC 6.384% 10/23/2035  | 4200 | 4379 |
| Charter Communications Operating, LLC 5.85% 12/1/2035  | 2826 | 2832 |
| Comcast Corp. 2.65% 2/1/2030  | 1000 | 938 |
| Comcast Corp. 5.30% 6/1/2034  | 8449 | 8700 |
| Comcast Corp. 5.30% 5/15/2035  | 3282 | 3350 |
| Meta Platforms, Inc. 4.30% 8/15/2029  | 4980 | 5047 |
| Meta Platforms, Inc. 4.75% 8/15/2034  | 5923 | 5955 |
| SBA Tower Trust 1.631% 11/15/2026 <sup>(e)</sup>  | 13740 | 13294 |
| T-Mobile USA, Inc. 1.50% 2/15/2026  | 7500 | 7401 |
| T-Mobile USA, Inc. 3.75% 4/15/2027  | 29000 | 28826 |
| T-Mobile USA, Inc. 2.05% 2/15/2028  | 950 | 905 |
| T-Mobile USA, Inc. 4.85% 1/15/2029  | 2000 | 2041 |
| T-Mobile USA, Inc. 3.875% 4/15/2030  | 3534 | 3462 |
| T-Mobile USA, Inc. 2.55% 2/15/2031  | 585 | 530 |
| T-Mobile USA, Inc. 2.875% 2/15/2031  | 280 | 257 |
| T-Mobile USA, Inc. 5.125% 5/15/2032  | 5111 | 5238 |
| T-Mobile USA, Inc. 5.30% 5/15/2035  | 6135 | 6198 |
| Verizon Communications, Inc. 1.75% 1/20/2031  | 1000 | 873 |
| Verizon Communications, Inc. 2.55% 3/21/2031  | 20031 | 18172 |
| Verizon Communications, Inc. 5.25% 4/2/2035  | 10192 | 10293 |
|  |  | 170627 |
| **Real estate 0.36%** | **Real estate 0.36%** | **Real estate 0.36%** |
| Alexandria Real Estate Equities, Inc. 2.75% 12/15/2029  | 2285 | 2144 |
| American Tower Corp. 1.45% 9/15/2026  | 3385 | 3289 |
| Boston Properties, LP 2.45% 10/1/2033  | 2250 | 1827 |
| Boston Properties, LP 6.50% 1/15/2034  | 7010 | 7527 |
| Boston Properties, LP 5.75% 1/15/2035  | 3396 | 3444 |
| Crown Castle, Inc. 5.00% 1/11/2028  | 7388 | 7491 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 10832 | 11044 |
| Prologis, LP 4.875% 6/15/2028  | 9286 | 9501 |
| Prologis, LP 5.00% 1/31/2035  | 6326 | 6363 |
| Public Storage Operating Co. (USD-SOFR + 0.70%) 5.022% 4/16/2027 <sup>(c)</sup>  | 12055 | 12100 |
| Public Storage Operating Co. 1.85% 5/1/2028  | 2660 | 2516 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **33** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Real estate (continued)** | **Real estate (continued)** | **Real estate (continued)** |
| Public Storage Operating Co. 1.95% 11/9/2028  | USD3,041 | $2855 |
| Scentre Group Trust 1 3.25% 10/28/2025 <sup>(e)</sup>  | 1360 | 1357 |
| Simon Property Group, LP 4.375% 10/1/2030  | 15000 | 15045 |
| Simon Property Group, LP 5.125% 10/1/2035  | 6595 | 6596 |
| Sun Communities Operating, LP 2.30% 11/1/2028  | 4193 | 3972 |
|  |  | 97071 |
| **Materials 0.33%** | **Materials 0.33%** | **Materials 0.33%** |
| BHP Billiton Finance (USA), Ltd. 5.25% 9/8/2030  | 4661 | 4867 |
| BHP Billiton Finance (USA), Ltd. 5.30% 2/21/2035  | 3000 | 3084 |
| Celanese US Holdings, LLC 6.665% 7/15/2027  | 1909 | 1966 |
| Celanese US Holdings, LLC 6.83% 7/15/2029  | 2500 | 2604 |
| Chevron Phillips Chemical Co., LLC 4.75% 5/15/2030 <sup>(e)</sup>  | 4069 | 4154 |
| Dow Chemical Co. (The) 5.15% 2/15/2034  | 6696 | 6660 |
| Dow Chemical Co. (The) 5.35% 3/15/2035  | 1700 | 1686 |
| Ecolab, Inc. 5.00% 9/1/2035  | 7000 | 7053 |
| EIDP, Inc. 4.50% 5/15/2026  | 8125 | 8135 |
| LYB International Finance III, LLC 1.25% 10/1/2025  | 1227 | 1223 |
| LYB International Finance III, LLC 2.25% 10/1/2030  | 1192 | 1067 |
| Rio Tinto Finance (USA) PLC 4.875% 3/14/2030  | 10250 | 10514 |
| Rio Tinto Finance (USA) PLC 5.00% 3/14/2032  | 16000 | 16410 |
| Rio Tinto Finance (USA) PLC 5.25% 3/14/2035  | 1710 | 1743 |
| Sherwin-Williams Co. 4.30% 8/15/2028  | 8000 | 8037 |
| Sherwin-Williams Co. 4.50% 8/15/2030  | 7000 | 7042 |
| Sherwin-Williams Co. 5.15% 8/15/2035  | 1183 | 1192 |
| Vale Overseas, Ltd. 3.75% 7/8/2030  | 2291 | 2185 |
|  |  | 89622 |
| **Total corporate bonds, notes & loans** |  | 3957973 |
| **Asset-backed obligations 13.02%** | **Asset-backed obligations 13.02%** | **Asset-backed obligations 13.02%** |
| **Auto loan 5.71%** | **Auto loan 5.71%** | **Auto loan 5.71%** |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class A, 5.90% 2/12/2027 <sup>(a)(e)</sup>  | 105 | 105 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class B, 5.60% 11/12/2027 <sup>(a)(e)</sup>  | 1025 | 1025 |
| American Credit Acceptance Receivables Trust, Series 2024-3, Class A, 5.76% 11/12/2027 <sup>(a)(e)</sup>  | 3919 | 3924 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class A, 4.81% 3/13/2028 <sup>(a)(e)</sup>  | 2750 | 2751 |
| American Credit Acceptance Receivables Trust, Series 2024-3, Class B, 5.66% 8/14/2028 <sup>(a)(e)</sup>  | 7059 | 7095 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class A, 4.81% 9/12/2028 <sup>(a)(e)</sup>  | 4556 | 4564 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class B, 4.80% 11/13/2028 <sup>(a)(e)</sup>  | 1368 | 1370 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class B, 4.85% 5/14/2029 <sup>(a)(e)</sup>  | 1390 | 1397 |
| American Credit Acceptance Receivables Trust, Series 2023-3, Class D, 6.82% 10/12/2029 <sup>(a)(e)</sup>  | 2000 | 2049 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class C, 5.63% 1/14/2030 <sup>(a)(e)</sup>  | 14735 | 14809 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class D, 5.86% 5/13/2030 <sup>(a)(e)</sup>  | 2489 | 2531 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class C, 5.11% 3/12/2031 <sup>(a)(e)</sup>  | 3517 | 3557 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class C, 4.91% 8/12/2031 <sup>(a)(e)</sup>  | 1025 | 1030 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class D, 5.34% 8/12/2031 <sup>(a)(e)</sup>  | 1000 | 1013 |
| AmeriCredit Automobile Receivables Trust, Series 2023-2, Class A2, 6.19% 4/19/2027 <sup>(a)</sup>  | 229 | 230 |
| AmeriCredit Automobile Receivables Trust, Series 2024-1, Class A3, 5.43% 1/18/2029 <sup>(a)</sup>  | 7946 | 8027 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class A2, 4.92% 5/15/2029 <sup>(a)(e)</sup>  | 3921 | 3932 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class B, 5.11% 11/17/2031 <sup>(a)(e)</sup>  | 932 | 939 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class C, 5.42% 12/15/2031 <sup>(a)(e)</sup>  | 897 | 906 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class D, 5.82% 1/15/2032 <sup>(a)(e)</sup>  | 502 | 509 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2, Class A, 2.02% 2/20/2027 <sup>(a)(e)</sup>  | 16719 | 16607 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2A, Class B, 2.96% 2/20/2027 <sup>(a)(e)</sup>  | 692 | 688 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class A, 6.12% 4/20/2027 <sup>(a)(e)</sup>  | 7683 | 7738 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-5, Class A, 5.78% 4/20/2028 <sup>(a)(e)</sup>  | 26765 | 27308 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-1, Class A, 5.25% 4/20/2029 <sup>(a)(e)</sup>  | 16901 | 17290 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4, Class A, 5.49% 6/20/2029 <sup>(a)(e)</sup>  | 13000 | 13383 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-1A, Class A, 4.80% 8/20/2029 <sup>(a)(e)</sup>  | 1254 | 1272 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class A, 5.81% 12/20/2029 <sup>(a)(e)</sup>  | 18450 | 19246 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8, Class A, 6.02% 2/20/2030 <sup>(a)(e)</sup>  | 5340 | 5616 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2024-1, Class A, 5.36% 6/20/2030 <sup>(a)(e)</sup>  | 5598 | 5786 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-2A, Class A, 5.12% 8/20/2031 <sup>(a)(e)</sup>  | 5839 | 5996 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-4, Class A2, 4.84% 9/15/2027 <sup>(a)</sup>  | 3622 | 3624 |
| Bridgecrest Lending Auto Securitization Trust, Series 2023-1, Class A3, 6.51% 11/15/2027 <sup>(a)</sup>  | 1291 | 1293 |

---

---

| | |
|:---|:---|
| **34** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Auto loan (continued)** | **Auto loan (continued)** | **Auto loan (continued)** |
| Bridgecrest Lending Auto Securitization Trust, Series 2025-2, Class A2, 4.84% 1/18/2028 <sup>(a)</sup>  | USD4,986 | $4990 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class A3, 5.53% 1/18/2028 <sup>(a)</sup>  | 1647 | 1649 |
| Bridgecrest Lending Auto Securitization Trust, Series 2025-3, Class A2, 4.73% 2/15/2028 <sup>(a)</sup>  | 7640 | 7649 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-3, Class A3, 5.34% 4/17/2028 <sup>(a)</sup>  | 8442 | 8465 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-2, Class A3, 5.84% 6/15/2028 <sup>(a)</sup>  | 11694 | 11750 |
| Bridgecrest Lending Auto Securitization Trust, Series 2025-1, Class A3, 4.67% 8/15/2028 <sup>(a)</sup>  | 6406 | 6419 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class B, 5.43% 8/15/2028 <sup>(a)</sup>  | 3188 | 3200 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-4, Class A3, 4.72% 9/15/2028 <sup>(a)</sup>  | 5217 | 5228 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class C, 5.65% 4/16/2029 <sup>(a)</sup>  | 4696 | 4740 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class D, 6.03% 11/15/2029 <sup>(a)</sup>  | 2892 | 2962 |
| CarMax Auto Owner Trust, Series 2024-2, Class A2A, 5.65% 5/17/2027 <sup>(a)</sup>  | 2645 | 2650 |
| CarMax Auto Owner Trust, Series 2023-3, Class A3, 5.28% 5/15/2028 <sup>(a)</sup>  | 3692 | 3718 |
| CarMax Auto Owner Trust, Series 2023-3, Class A4, 5.26% 2/15/2029 <sup>(a)</sup>  | 8980 | 9133 |
| CarMax Auto Owner Trust, Series 2024-3, Class A3, 4.89% 7/16/2029 <sup>(a)</sup>  | 8001 | 8100 |
| CarMax Auto Owner Trust, Series 2024-3, Class B, 5.08% 2/15/2030 <sup>(a)</sup>  | 2473 | 2525 |
| CarMax Select Receivables Trust, Series 2024-A, Class A2A, 5.78% 9/15/2027 <sup>(a)</sup>  | 2465 | 2473 |
| CarMax Select Receivables Trust, Series 2024-A, Class C, 5.62% 1/15/2030 <sup>(a)</sup>  | 1993 | 2040 |
| CarMax Select Receivables Trust, Series 2024-A, Class D, 6.27% 12/16/2030 <sup>(a)</sup>  | 3022 | 3128 |
| Carvana Auto Receivables Trust, Series 2024-N2, Class A2, 5.90% 8/10/2027 <sup>(a)(e)</sup>  | 1933 | 1936 |
| Carvana Auto Receivables Trust, Series 2023-N3, Class A, 6.41% 9/10/2027 <sup>(a)(e)</sup>  | 115 | 115 |
| Carvana Auto Receivables Trust, Series 2023-P3, Class A3, 5.82% 8/10/2028 <sup>(a)(e)</sup>  | 1449 | 1460 |
| Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.72% 9/11/2028 <sup>(a)</sup>  | 57 | 56 |
| Carvana Auto Receivables Trust, Series 2021-N4, Class A2, 1.80% 9/11/2028 <sup>(a)</sup>  | 4288 | 4201 |
| Carvana Auto Receivables Trust, Series 2024-P2, Class A3, 5.33% 7/10/2029 <sup>(a)</sup>  | 1545 | 1561 |
| Carvana Auto Receivables Trust, Series 2024-N3, Class B, 4.67% 12/10/2030 <sup>(a)(e)</sup>  | 1900 | 1906 |
| Carvana Auto Receivables Trust, Series 2024-N3, Class C, 4.90% 12/10/2030 <sup>(a)(e)</sup>  | 1942 | 1955 |
| Chase Auto Owner Trust, Series 2024-2, Class A2, 5.66% 5/26/2027 <sup>(a)(e)</sup>  | 1398 | 1400 |
| Chase Auto Owner Trust, Series 2024-4A, Class A2, 5.25% 9/27/2027 <sup>(a)(e)</sup>  | 2909 | 2915 |
| Chase Auto Owner Trust, Series 2024-3, Class A2, 5.53% 9/27/2027 <sup>(a)(e)</sup>  | 2378 | 2384 |
| Chase Auto Owner Trust, Series 2024-5A, Class A2, 4.40% 11/26/2027 <sup>(a)(e)</sup>  | 1613 | 1613 |
| Chase Auto Owner Trust, Series 2024-1, Class A3, 5.13% 5/25/2029 <sup>(a)(e)</sup>  | 5820 | 5876 |
| Chase Auto Owner Trust, Series 2024-2, Class A3, 5.52% 6/25/2029 <sup>(a)(e)</sup>  | 9314 | 9448 |
| Chase Auto Owner Trust, Series 2024-4A, Class A3, 4.94% 7/25/2029 <sup>(a)(e)</sup>  | 6236 | 6297 |
| Chase Auto Owner Trust, Series 2024-3, Class A3, 5.22% 7/25/2029 <sup>(a)(e)</sup>  | 8384 | 8496 |
| Chase Auto Owner Trust, Series 2024-5A, Class A4, 4.15% 3/25/2030 <sup>(a)(e)</sup>  | 3470 | 3483 |
| Chesapeake Funding II, LLC, Series 2023-2, Class A1, 6.16% 10/15/2035 <sup>(a)(e)</sup>  | 1903 | 1929 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A3, 5.83% 2/15/2028 <sup>(a)(e)</sup>  | 4118 | 4150 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A4, 5.74% 10/15/2030 <sup>(a)(e)</sup>  | 6122 | 6257 |
| CPS Auto Receivables Trust, Series 2023-C, Class B, 5.98% 6/15/2027 <sup>(a)(e)</sup>  | 2391 | 2393 |
| CPS Auto Receivables Trust, Series 2024-A, Class B, 5.65% 5/15/2028 <sup>(a)(e)</sup>  | 1746 | 1750 |
| CPS Auto Receivables Trust, Series 2024-D, Class A, 4.91% 6/15/2028 <sup>(a)(e)</sup>  | 2426 | 2429 |
| CPS Auto Receivables Trust, Series 2024-C, Class B, 5.68% 12/15/2028 <sup>(a)(e)</sup>  | 4845 | 4881 |
| CPS Auto Receivables Trust, Series 2025-B, Class A, 4.74% 2/15/2029 <sup>(a)(e)</sup>  | 9722 | 9745 |
| CPS Auto Receivables Trust, Series 2024-D, Class B, 4.65% 3/15/2029 <sup>(a)(e)</sup>  | 2340 | 2343 |
| CPS Auto Receivables Trust, Series 2023-A, Class C, 5.54% 4/16/2029 <sup>(a)(e)</sup>  | 3659 | 3665 |
| CPS Auto Receivables Trust, Series 2025-B, Class B, 4.79% 11/15/2029 <sup>(a)(e)</sup>  | 8357 | 8403 |
| CPS Auto Receivables Trust, Series 2024-A, Class C, 5.74% 4/15/2030 <sup>(a)(e)</sup>  | 1492 | 1505 |
| CPS Auto Receivables Trust, Series 2024-A, Class D, 6.13% 4/15/2030 <sup>(a)(e)</sup>  | 238 | 243 |
| Credit Acceptance Auto Loan Trust, Series 2023-1A, Class A, 6.48% 3/15/2033 <sup>(a)(e)</sup>  | 751 | 754 |
| Drive Auto Receivables Trust, Series 2024-2, Class A2, 4.94% 12/15/2027 <sup>(a)</sup>  | 4876 | 4879 |
| Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.35% 2/15/2028 <sup>(a)</sup>  | 2530 | 2532 |
| Drive Auto Receivables Trust, Series 2024-2, Class A3, 4.50% 9/15/2028 <sup>(a)</sup>  | 16952 | 16972 |
| Drive Auto Receivables Trust, Series 2024-1, Class B, 5.31% 1/16/2029 <sup>(a)</sup>  | 9283 | 9339 |
| Drive Auto Receivables Trust, Series 2024-2, Class B, 4.52% 7/16/2029 <sup>(a)</sup>  | 4455 | 4466 |
| Drive Auto Receivables Trust, Series 2024-1, Class C, 5.43% 11/17/2031 <sup>(a)</sup>  | 7615 | 7727 |
| Drive Auto Receivables Trust, Series 2024-2, Class C, 4.67% 5/17/2032 <sup>(a)</sup>  | 4359 | 4382 |
| Drive Auto Receivables Trust, Series 2025-1, Class A3, 4.73% 9/15/2032 <sup>(a)</sup>  | 10253 | 10326 |
| Drive Auto Receivables Trust, Series 2025-1, Class B, 4.79% 9/15/2032 <sup>(a)</sup>  | 3614 | 3648 |
| Drive Auto Receivables Trust, Series 2025-1, Class C, 4.99% 9/15/2032 <sup>(a)</sup>  | 647 | 656 |
| Drive Auto Receivables Trust, Series 2025-1, Class D, 5.41% 9/15/2032 <sup>(a)</sup>  | 2003 | 2043 |
| DriveTime Auto Owner Trust, Series 2022-2A, Class C, 4.72% 3/15/2028 <sup>(a)(e)</sup>  | 286 | 286 |
| DriveTime Auto Owner Trust, Series 2023-1, Class C, 5.55% 10/16/2028 <sup>(a)(e)</sup>  | 5885 | 5903 |
| Enterprise Fleet Financing, LLC, Series 2024-2, Class A2, 5.74% 12/20/2026 <sup>(a)(e)</sup>  | 2089 | 2099 |
| Enterprise Fleet Financing, LLC, Series 2024-3, Class A2, 5.31% 4/20/2027 <sup>(a)(e)</sup>  | 4579 | 4604 |
| Enterprise Fleet Financing, LLC, Series 2024-4, Class A2, 4.69% 7/20/2027 <sup>(a)(e)</sup>  | 6844 | 6864 |
| Enterprise Fleet Financing, LLC, Series 2022-3, Class A2, 4.38% 7/20/2029 <sup>(a)(e)</sup>  | 571 | 571 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **35** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Auto loan (continued)** | **Auto loan (continued)** | **Auto loan (continued)** |
| Enterprise Fleet Financing, LLC, Series 2022-4, Class A2, 5.76% 10/22/2029 <sup>(a)(e)</sup>  | USD3,406 | $3419 |
| Enterprise Fleet Financing, LLC, Series 2024-1, Class A3, 5.16% 9/20/2030 <sup>(a)(e)</sup>  | 2281 | 2331 |
| Exeter Automobile Receivables Trust, Series 2025-1A, Class A2, 4.70% 9/15/2027 <sup>(a)</sup>  | 3845 | 3847 |
| Exeter Automobile Receivables Trust, Series 2024-3A, Class A3, 5.65% 12/15/2027 <sup>(a)</sup>  | 3165 | 3170 |
| Exeter Automobile Receivables Trust, Series 2025-4A, Class A2, 4.53% 3/15/2028 <sup>(a)</sup>  | 6000 | 6003 |
| Exeter Automobile Receivables Trust, Series 2024-2A, Class B, 5.61% 4/17/2028 <sup>(a)</sup>  | 3346 | 3353 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class C, 6.21% 6/15/2028 <sup>(a)</sup>  | 431 | 434 |
| Exeter Automobile Receivables Trust, Series 2025-1A, Class A3, 4.67% 8/15/2028 <sup>(a)</sup>  | 2938 | 2947 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class B, 5.29% 8/15/2028 <sup>(a)</sup>  | 7889 | 7914 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class D, 6.68% 4/16/2029 <sup>(a)</sup>  | 416 | 426 |
| Exeter Automobile Receivables Trust, Series 2024-2A, Class C, 5.74% 5/15/2029 <sup>(a)</sup>  | 7369 | 7455 |
| Exeter Automobile Receivables Trust, Series 2023-1A, Class D, 6.69% 6/15/2029 <sup>(a)</sup>  | 2286 | 2331 |
| Exeter Automobile Receivables Trust, Series 2025-1A, Class B, 4.91% 8/15/2029 <sup>(a)</sup>  | 5304 | 5351 |
| Exeter Automobile Receivables Trust, Series 2025-4A, Class A3, 4.39% 9/17/2029 <sup>(a)</sup>  | 13868 | 13913 |
| Exeter Automobile Receivables Trust, Series 2025-3A, Class B, 4.86% 2/15/2030 <sup>(a)</sup>  | 2107 | 2135 |
| Exeter Automobile Receivables Trust, Series 2024-2A, Class D, 5.92% 2/15/2030 <sup>(a)</sup>  | 7450 | 7636 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class C, 5.41% 5/15/2030 <sup>(a)</sup>  | 5680 | 5747 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class D, 5.84% 6/17/2030 <sup>(a)</sup>  | 5363 | 5500 |
| Exeter Automobile Receivables Trust, Series 2025-1A, Class D, 5.49% 5/15/2031 <sup>(a)</sup>  | 4233 | 4320 |
| Exeter Automobile Receivables Trust, Series 2025-3A, Class C, 5.09% 10/15/2031 <sup>(a)</sup>  | 1847 | 1875 |
| Exeter Automobile Receivables Trust, Series 2025-3A, Class D, 5.57% 10/15/2031 <sup>(a)</sup>  | 2237 | 2284 |
| Exeter Automobile Receivables Trust, Series 2025-4A, Class D, 5.23% 1/15/2032 <sup>(a)</sup>  | 3686 | 3715 |
| Exeter Select Automobile Receivables Trust, Series 2025-1, Class A2, 4.83% 10/16/2028 <sup>(a)</sup>  | 7939 | 7965 |
| Exeter Select Automobile Receivables Trust, Series 2025-1, Class A3, 4.69% 4/15/2030 <sup>(a)</sup>  | 3027 | 3055 |
| Exeter Select Automobile Receivables Trust, Series 2025-1, Class C, 5.40% 8/15/2031 <sup>(a)</sup>  | 1416 | 1450 |
| Flagship Credit Auto Trust, Series 2023-3, Class A3, 5.44% 4/17/2028 <sup>(a)(e)</sup>  | 2726 | 2736 |
| Flagship Credit Auto Trust, Series 2023-3, Class B, 5.64% 7/16/2029 <sup>(a)(e)</sup>  | 4486 | 4527 |
| Flagship Credit Auto Trust, Series 2023-3, Class C, 6.01% 7/16/2029 <sup>(a)(e)</sup>  | 474 | 483 |
| Flagship Credit Auto Trust, Series 2023-3, Class D, 6.58% 8/15/2029 <sup>(a)(e)</sup>  | 320 | 323 |
| Ford Credit Auto Lease Trust, Series 2024-A, Class A3, 5.06% 5/15/2027 <sup>(a)</sup>  | 5573 | 5585 |
| Ford Credit Auto Lease Trust, Series 2024-A, Class A4, 5.05% 6/15/2027 <sup>(a)</sup>  | 1521 | 1531 |
| Ford Credit Auto Owner Trust, Series 2024-C, Class A4, 4.11% 7/15/2030 <sup>(a)</sup>  | 7417 | 7448 |
| Ford Credit Auto Owner Trust, Series 2021-1, Class A, 1.37% 10/17/2033 <sup>(a)(e)</sup>  | 6591 | 6472 |
| Ford Credit Auto Owner Trust, Series 2023-1, Class A, 4.85% 8/15/2035 <sup>(a)(e)</sup>  | 8653 | 8815 |
| Ford Credit Auto Owner Trust, Series 2023-2, Class A, 5.28% 2/15/2036 <sup>(a)(e)</sup>  | 38713 | 40108 |
| Ford Credit Floorplan Master Owner Trust, Series 2024-3, Class A1, 4.30% 9/15/2029 <sup>(a)(e)</sup>  | 10210 | 10264 |
| Ford Credit Floorplan Master Owner Trust, Series 2025-1, Class A1, 4.63% 4/15/2030 <sup>(a)</sup>  | 6232 | 6332 |
| General Motors, Series 2025-2A, Class A, 4.64% 3/15/2030 <sup>(a)(e)</sup>  | 11343 | 11510 |
| GLS Auto Receivables Trust, Series 2024-3A, Class A2, 5.35% 8/16/2027 <sup>(a)(e)</sup>  | 2098 | 2101 |
| GLS Auto Receivables Trust, Series 2024-1, Class A3, 5.40% 9/15/2027 <sup>(a)(e)</sup>  | 889 | 890 |
| GLS Auto Receivables Trust, Series 2024-4A, Class A2, 4.76% 10/15/2027 <sup>(a)(e)</sup>  | 4369 | 4372 |
| GLS Auto Receivables Trust, Series 2025-1A, Class A2, 4.68% 12/15/2027 <sup>(a)(e)</sup>  | 8057 | 8065 |
| GLS Auto Receivables Trust, Series 2024-2, Class A3, 5.64% 1/18/2028 <sup>(a)(e)</sup>  | 3870 | 3880 |
| GLS Auto Receivables Trust, Series 2023-3, Class B, 5.89% 1/18/2028 <sup>(a)(e)</sup>  | 3087 | 3095 |
| GLS Auto Receivables Trust, Series 2024-3A, Class A3, 5.02% 4/17/2028 <sup>(a)(e)</sup>  | 8340 | 8368 |
| GLS Auto Receivables Trust, Series 2025-3A, Class A2, 4.52% 7/17/2028 <sup>(a)(e)</sup>  | 14702 | 14720 |
| GLS Auto Receivables Trust, Series 2024-1, Class B, 5.49% 7/17/2028 <sup>(a)(e)</sup>  | 2000 | 2009 |
| GLS Auto Receivables Trust, Series 2025-1A, Class A3, 4.77% 9/15/2028 <sup>(a)(e)</sup>  | 9970 | 10017 |
| GLS Auto Receivables Trust, Series 2025-2A, Class A3, 4.75% 1/16/2029 <sup>(a)(e)</sup>  | 14663 | 14752 |
| GLS Auto Receivables Trust, Series 2024-3A, Class B, 5.08% 1/16/2029 <sup>(a)(e)</sup>  | 3421 | 3447 |
| GLS Auto Receivables Trust, Series 2025-3A, Class A3, 4.44% 3/15/2029 <sup>(a)(e)</sup>  | 3426 | 3436 |
| GLS Auto Receivables Trust, Series 2023-3, Class C, 6.01% 5/15/2029 <sup>(a)(e)</sup>  | 585 | 590 |
| GLS Auto Receivables Trust, Series 2023-3, Class D, 6.44% 5/15/2029 <sup>(a)(e)</sup>  | 529 | 542 |
| GLS Auto Receivables Trust, Series 2025-2A, Class B, 4.97% 10/15/2029 <sup>(a)(e)</sup>  | 3314 | 3350 |
| GLS Auto Receivables Trust, Series 2024-1, Class C, 5.64% 12/17/2029 <sup>(a)(e)</sup>  | 12409 | 12566 |
| GLS Auto Receivables Trust, Series 2024-1, Class D, 5.95% 12/17/2029 <sup>(a)(e)</sup>  | 2531 | 2588 |
| GLS Auto Receivables Trust, Series 2025-3A, Class B, 4.57% 1/15/2030 <sup>(a)(e)</sup>  | 3702 | 3718 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class A2, 4.43% 12/17/2029 <sup>(a)(e)</sup>  | 2263 | 2266 |
| GLS Auto Select Receivables Trust, Series 2025-1A, Class A2, 4.71% 4/15/2030 <sup>(a)(e)</sup>  | 12071 | 12121 |
| GLS Auto Select Receivables Trust, Series 2025-3A, Class A2, 4.46% 10/15/2030 <sup>(a)(e)</sup>  | 5576 | 5599 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class B, 4.50% 11/15/2030 <sup>(a)(e)</sup>  | 544 | 547 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class C, 4.75% 11/15/2030 <sup>(a)(e)</sup>  | 238 | 240 |
| GLS Auto Select Receivables Trust, Series 2025-1A, Class C, 5.26% 3/15/2031 <sup>(a)(e)</sup>  | 520 | 530 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class D, 5.28% 10/15/2031 <sup>(a)(e)</sup>  | 268 | 274 |
| GLS Auto Select Receivables Trust, Series 2025-1A, Class D, 5.74% 4/15/2032 <sup>(a)(e)</sup>  | 679 | 699 |
| GM Financial Automobile Leasing Trust, Series 2023-3, Class A3, 5.38% 11/20/2026 <sup>(a)</sup>  | 1215 | 1216 |

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| | |
|:---|:---|
| **36** | Intermediate Bond Fund of America |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Auto loan (continued)** | **Auto loan (continued)** | **Auto loan (continued)** |
| GM Financial Automobile Leasing Trust, Series 2024-2, Class A3, 5.39% 7/20/2027 <sup>(a)</sup>  | USD6,773 | $6825 |
| GM Financial Automobile Leasing Trust, Series 2023-3, Class A4, 5.44% 8/20/2027 <sup>(a)</sup>  | 2229 | 2237 |
| GM Financial Revolving Receivables Trust, Series 2022-1, Class A, 5.91% 10/11/2035 <sup>(a)(e)</sup>  | 3487 | 3623 |
| GM Financial Revolving Receivables Trust, Series 2023-2, Class A, 5.77% 8/11/2036 <sup>(a)(e)</sup>  | 13906 | 14628 |
| GM Financial Revolving Receivables Trust, Series 2024-2, Class A, 4.52% 3/11/2037 <sup>(a)(e)</sup>  | 19512 | 19827 |
| GM Financial Securitized Term Auto Receivables Trust, Series 2024-1, Class A3, 4.85% 12/18/2028 <sup>(a)</sup>  | 5406 | 5437 |
| GM Financial Securitized Term Auto Receivables Trust, Series 2024-1, Class A4, 4.86% 6/18/2029 <sup>(a)</sup>  | 3743 | 3802 |
| GMF Floorplan Owner Revolving Trust, Series 2023-1, Class A1, 5.34% 6/15/2028 <sup>(a)(e)</sup>  | 7050 | 7113 |
| Hertz Vehicle Financing III, LLC, Series 2022-4A, Class A, 3.73% 9/25/2026 <sup>(a)(e)</sup>  | 2398 | 2397 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class A, 5.49% 6/25/2027 <sup>(a)(e)</sup>  | 2806 | 2820 |
| Hertz Vehicle Financing III, LLC, Series 2023-3, Class B, 6.53% 2/25/2028 <sup>(a)(e)</sup>  | 2850 | 2901 |
| Hertz Vehicle Financing III, LLC, Series 2023-2, Class A, 5.57% 9/25/2029 <sup>(a)(e)</sup>  | 14882 | 15356 |
| Hertz Vehicle Financing III, LLC, Series 2023-4, Class A, 6.15% 3/25/2030 <sup>(a)(e)</sup>  | 4875 | 5110 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class A, 1.68% 12/27/2027 <sup>(a)(e)</sup>  | 54758 | 53127 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class B, 2.12% 12/27/2027 <sup>(a)(e)</sup>  | 1580 | 1528 |
| Hertz Vehicle Financing, LLC, Series 2023-3A, Class A, 5.94% 2/25/2028 <sup>(a)(e)</sup>  | 4785 | 4868 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class A, 5.44% 1/25/2029 <sup>(a)(e)</sup>  | 10661 | 10866 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(a)(e)</sup>  | 6761 | 6849 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class B, 5.45% 9/25/2029 <sup>(a)(e)</sup>  | 1083 | 1100 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class C, 6.03% 9/25/2029 <sup>(a)(e)</sup>  | 1204 | 1216 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class A, 5.06% 12/26/2029 <sup>(a)(e)</sup>  | 5897 | 6003 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class B, 5.59% 12/26/2029 <sup>(a)(e)</sup>  | 1583 | 1602 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class C, 6.13% 12/26/2029 <sup>(a)(e)</sup>  | 1615 | 1635 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class C, 6.40% 9/25/2031 <sup>(a)(e)</sup>  | 1398 | 1428 |
| Hertz Vehicle Financing, LLC, Series 2025-4A, Class A, 5.41% 12/25/2031 <sup>(a)(e)</sup>  | 22897 | 23501 |
| Hertz Vehicle Financing, LLC, Series 2025-4A, Class B, 5.90% 12/25/2031 <sup>(a)(e)</sup>  | 1320 | 1350 |
| Hertz Vehicle Financing, LLC, Series 2025-4A, Class C, 6.48% 12/25/2031 <sup>(a)(e)</sup>  | 297 | 302 |
| Honda Auto Receivables Owner Trust, Series 2023-1, Class A3, 5.04% 4/21/2027 <sup>(a)</sup>  | 2881 | 2889 |
| Honda Auto Receivables Owner Trust, Series 2023-3, Class A3, 5.41% 2/18/2028 <sup>(a)</sup>  | 2700 | 2720 |
| Huntington National Bank (The), Series 2024-2, Class B1, 5.442% 10/20/2032 <sup>(a)(e)</sup>  | 3830 | 3861 |
| Huntington National Bank (The), Series 2025-1, Class B, 4.957% 3/21/2033 <sup>(a)(e)</sup>  | 18271 | 18379 |
| Huntington National Bank (The), Series 2025-2, Class B1, 4.835% 9/20/2033 <sup>(a)(e)</sup>  | 13000 | 13041 |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A3, 5.02% 3/15/2027 <sup>(a)(e)</sup>  | 8316 | 8339 |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A4, 5.07% 2/15/2028 <sup>(a)(e)</sup>  | 2315 | 2329 |
| Hyundai Auto Receivables Trust, Series 2024-A, Class A3, 4.99% 2/15/2029 <sup>(a)</sup>  | 4925 | 4974 |
| LAD Auto Receivables Trust, Series 2022-1, Class A, 5.21% 6/15/2027 <sup>(a)(e)</sup>  | 540 | 541 |
| LAD Auto Receivables Trust, Series 2023-1, Class A3, 5.48% 6/15/2027 <sup>(a)(e)</sup>  | 449 | 449 |
| LAD Auto Receivables Trust, Series 2022-1, Class B, 5.87% 9/15/2027 <sup>(a)(e)</sup>  | 1759 | 1764 |
| LAD Auto Receivables Trust, Series 2023-3, Class A3, 6.12% 9/15/2027 <sup>(a)(e)</sup>  | 3343 | 3348 |
| LAD Auto Receivables Trust, Series 2024-3A, Class A2, 4.64% 11/15/2027 <sup>(a)(e)</sup>  | 3502 | 3503 |
| LAD Auto Receivables Trust, Series 2023-4, Class A3, 6.10% 12/15/2027 <sup>(a)(e)</sup>  | 1537 | 1542 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(a)(e)</sup>  | 656 | 661 |
| LAD Auto Receivables Trust, Series 2024-1, Class A3, 5.23% 1/18/2028 <sup>(a)(e)</sup>  | 3208 | 3216 |
| LAD Auto Receivables Trust, Series 2023-2, Class A3, 5.42% 2/15/2028 <sup>(a)(e)</sup>  | 1324 | 1327 |
| LAD Auto Receivables Trust, Series 2023-3, Class A4, 5.95% 3/15/2028 <sup>(a)(e)</sup>  | 5730 | 5769 |
| LAD Auto Receivables Trust, Series 2023-2, Class B, 5.45% 4/15/2028 <sup>(a)(e)</sup>  | 1508 | 1515 |
| LAD Auto Receivables Trust, Series 2024-2, Class A3, 5.61% 8/15/2028 <sup>(a)(e)</sup>  | 4687 | 4720 |
| LAD Auto Receivables Trust, Series 2024-1, Class A4, 5.17% 9/15/2028 <sup>(a)(e)</sup>  | 5073 | 5110 |
| LAD Auto Receivables Trust, Series 2023-2, Class C, 5.58% 9/15/2028 <sup>(a)(e)</sup>  | 3336 | 3367 |
| LAD Auto Receivables Trust, Series 2024-1, Class B, 5.33% 2/15/2029 <sup>(a)(e)</sup>  | 3507 | 3563 |
| LAD Auto Receivables Trust, Series 2024-3A, Class A3, 4.52% 3/15/2029 <sup>(a)(e)</sup>  | 1891 | 1897 |
| LAD Auto Receivables Trust, Series 2024-1, Class C, 5.64% 6/15/2029 <sup>(a)(e)</sup>  | 1350 | 1383 |
| LAD Auto Receivables Trust, Series 2024-2, Class A4, 5.46% 7/16/2029 <sup>(a)(e)</sup>  | 3761 | 3828 |
| LAD Auto Receivables Trust, Series 2024-3A, Class A4, 4.60% 12/17/2029 <sup>(a)(e)</sup>  | 3385 | 3416 |
| LAD Auto Receivables Trust, Series 2024-3A, Class B, 4.74% 1/15/2030 <sup>(a)(e)</sup>  | 548 | 553 |
| LAD Auto Receivables Trust, Series 2024-3A, Class C, 4.93% 3/15/2030 <sup>(a)(e)</sup>  | 197 | 199 |
| LAD Auto Receivables Trust, Series 2023-1, Class D, 7.30% 6/17/2030 <sup>(a)(e)</sup>  | 1040 | 1062 |
| LAD Auto Receivables Trust, Series 2023-2, Class D, 6.30% 2/15/2031 <sup>(a)(e)</sup>  | 283 | 289 |
| LAD Auto Receivables Trust, Series 2024-1, Class D, 6.15% 6/16/2031 <sup>(a)(e)</sup>  | 832 | 862 |
| LAD Auto Receivables Trust, Series 2024-2, Class D, 6.37% 10/15/2031 <sup>(a)(e)</sup>  | 259 | 272 |
| LAD Auto Receivables Trust, Series 2024-3A, Class D, 5.18% 2/17/2032 <sup>(a)(e)</sup>  | 179 | 182 |
| LAD Auto Receivables Trust, Series 2025-2A, Class D, 5.01% 12/15/2032 <sup>(a)(e)</sup>  | 1642 | 1653 |
| Lendbuzz Securitization Trust, Series 2025-1A, Class A2, 5.10% 10/15/2030 <sup>(a)(e)</sup>  | 5144 | 5172 |
| Mercedes-Benz Auto Lease Trust, Series 2024-A, Class A3, 5.32% 1/18/2028 <sup>(a)</sup>  | 7634 | 7727 |
| Mercedes-Benz Auto Receivables Trust, Series 2024-1, Class A3, 4.80% 4/16/2029 <sup>(a)</sup>  | 13650 | 13735 |
| Mercedes-Benz Auto Receivables Trust, Series 2024-1, Class A4, 4.79% 7/15/2031 <sup>(a)</sup>  | 7429 | 7565 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **37** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Auto loan (continued)** | **Auto loan (continued)** | **Auto loan (continued)** |
| Porsche Innovative Lease Owner Trust, Series 2024-1, Class A3, 4.67% 11/22/2027 <sup>(a)(e)</sup>  | USD7,331 | $7363 |
| Porsche Innovative Lease Owner Trust, Series 2024-2A, Class A4, 4.26% 9/20/2030 <sup>(a)(e)</sup>  | 3950 | 3956 |
| Prestige Auto Receivables Trust, Series 2024-1, Class B, 5.71% 5/15/2028 <sup>(a)(e)</sup>  | 4809 | 4823 |
| Prestige Auto Receivables Trust, Series 2024-1, Class D, 6.21% 2/15/2030 <sup>(a)(e)</sup>  | 1712 | 1756 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2022-3, Class A, 5.38% 11/25/2030 <sup>(a)(e)</sup>  | 1337 | 1337 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-4A, Class A2, 5.124% 4/25/2034 <sup>(a)(e)</sup>  | 7905 | 7940 |
| Santander Drive Auto Receivables Trust, Series 2024-4, Class A2, 5.41% 7/15/2027 <sup>(a)</sup>  | 4594 | 4597 |
| Santander Drive Auto Receivables Trust, Series 2024-5, Class A2, 4.88% 9/15/2027 <sup>(a)</sup>  | 4772 | 4775 |
| Santander Drive Auto Receivables Trust, Series 2023-3, Class A3, 5.61% 10/15/2027 <sup>(a)</sup>  | 449 | 449 |
| Santander Drive Auto Receivables Trust, Series 2022-4, Class B, 4.42% 11/15/2027 <sup>(a)</sup>  | 1980 | 1980 |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class B, 5.95% 1/17/2028 <sup>(a)</sup>  | 1006 | 1008 |
| Santander Drive Auto Receivables Trust, Series 2023-1, Class B, 4.98% 2/15/2028 <sup>(a)</sup>  | 1585 | 1585 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.25% 4/17/2028 <sup>(a)</sup>  | 1459 | 1461 |
| Santander Drive Auto Receivables Trust, Series 2023-4, Class A3, 5.73% 4/17/2028 <sup>(a)</sup>  | 4786 | 4801 |
| Santander Drive Auto Receivables Trust, Series 2023-6, Class A3, 5.93% 7/17/2028 <sup>(a)</sup>  | 2987 | 3000 |
| Santander Drive Auto Receivables Trust, Series 2022-5, Class C, 4.74% 10/16/2028 <sup>(a)</sup>  | 3194 | 3196 |
| Santander Drive Auto Receivables Trust, Series 2024-5, Class A3, 4.62% 11/15/2028 <sup>(a)</sup>  | 6957 | 6975 |
| Santander Drive Auto Receivables Trust, Series 2022-6, Class C, 4.96% 11/15/2028 <sup>(a)</sup>  | 7677 | 7685 |
| Santander Drive Auto Receivables Trust, Series 2024-2, Class A3, 5.63% 11/15/2028 <sup>(a)</sup>  | 19239 | 19329 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class B, 5.23% 12/15/2028 <sup>(a)</sup>  | 5950 | 5990 |
| Santander Drive Auto Receivables Trust, Series 2024-4, Class A3, 4.85% 1/16/2029 <sup>(a)</sup>  | 10113 | 10154 |
| Santander Drive Auto Receivables Trust, Series 2024-3, Class A3, 5.63% 1/16/2029 <sup>(a)</sup>  | 10352 | 10411 |
| Santander Drive Auto Receivables Trust, Series 2024-2, Class B, 5.78% 7/16/2029 <sup>(a)</sup>  | 12138 | 12336 |
| Santander Drive Auto Receivables Trust, Series 2024-3, Class B, 5.55% 9/17/2029 <sup>(a)</sup>  | 3675 | 3734 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class C, 5.45% 3/15/2030 <sup>(a)</sup>  | 1325 | 1346 |
| Santander Drive Auto Receivables Trust, Series 2023-1, Class C, 5.09% 5/15/2030 <sup>(a)</sup>  | 12380 | 12465 |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class C, 6.69% 3/17/2031 <sup>(a)</sup>  | 1162 | 1187 |
| SBNA Auto Lease Trust, Series 2024-A, Class A3, 5.39% 11/20/2026 <sup>(a)(e)</sup>  | 6393 | 6410 |
| SBNA Auto Lease Trust, Series 2024-B, Class A2, 5.67% 11/20/2026 <sup>(a)(e)</sup>  | 383 | 384 |
| SBNA Auto Lease Trust, Series 2024-B, Class A3, 5.56% 11/22/2027 <sup>(a)(e)</sup>  | 3739 | 3767 |
| SBNA Auto Lease Trust, Series 2024-C, Class A3, 4.56% 2/22/2028 <sup>(a)(e)</sup>  | 3804 | 3813 |
| SBNA Auto Receivables Trust, Series 2024-A, Class C, 5.59% 1/15/2030 <sup>(a)(e)</sup>  | 1247 | 1275 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(a)(e)</sup>  | 610 | 615 |
| SFS Auto Receivables Securitization Trust, Series 2024-3A, Class A2, 4.71% 5/22/2028 <sup>(a)(e)</sup>  | 2081 | 2084 |
| SFS Auto Receivables Securitization Trust, Series 2023-1, Class A3, 5.47% 10/20/2028 <sup>(a)(e)</sup>  | 6328 | 6372 |
| SFS Auto Receivables Securitization Trust, Series 2023-1, Class A4, 5.47% 12/20/2029 <sup>(a)(e)</sup>  | 4131 | 4211 |
| SFS Auto Receivables Securitization Trust, Series 2024-3A, Class A3, 4.55% 6/20/2030 <sup>(a)(e)</sup>  | 8827 | 8891 |
| SFS Auto Receivables Securitization Trust, Series 2024-3A, Class A4, 4.60% 11/20/2031 <sup>(a)(e)</sup>  | 4269 | 4328 |
| Space Coast Credit Union, Series 2025-1A, Class A2, 4.67% 11/15/2028 <sup>(a)(e)</sup>  | 17958 | 17991 |
| Space Coast Credit Union, Series 2024-1, Class A3, 5.11% 6/15/2029 <sup>(a)(e)</sup>  | 4919 | 4955 |
| Toyota Auto Receivables Owner Trust, Series 2023-A, Class A3, 4.63% 9/15/2027 <sup>(a)</sup>  | 3097 | 3103 |
| Toyota Auto Receivables Owner Trust, Series 2023-C, Class A3, 5.16% 4/17/2028 <sup>(a)</sup>  | 6395 | 6434 |
| Toyota Auto Receivables Owner Trust, Series 2024-A, Class A3, 4.83% 10/16/2028 <sup>(a)</sup>  | 10269 | 10333 |
| Toyota Auto Receivables Owner Trust, Series 2024-A, Class A4, 4.77% 4/16/2029 <sup>(a)</sup>  | 5269 | 5355 |
| Tricolor Auto Securitization Trust, Series 2025-1A, Class A, 4.94% 2/15/2029 <sup>(a)(e)</sup>  | 15823 | 15876 |
| United Auto Credit Securitization Trust, Series 2025-1, Class A, 4.80% 6/10/2027 <sup>(a)(e)</sup>  | 3680 | 3683 |
| United Auto Credit Securitization Trust, Series 2025-1, Class B, 5.05% 2/10/2028 <sup>(a)(e)</sup>  | 4783 | 4800 |
| United Auto Credit Securitization Trust, Series 2025-1, Class C, 5.15% 6/10/2030 <sup>(a)(e)</sup>  | 1843 | 1853 |
| VStrong Auto Receivables Trust, Series 2024-A, Class A2, 5.79% 8/16/2027 <sup>(a)(e)</sup>  | 117 | 117 |
| VStrong Auto Receivables Trust, Series 2024-A, Class A3, 5.62% 12/15/2028 <sup>(a)(e)</sup>  | 440 | 442 |
| Western Funding Auto Loan Trust, Series 2025-1, Class A, 4.75% 7/16/2035 <sup>(a)(e)</sup>  | 6119 | 6143 |
| Western Funding Auto Loan Trust, Series 2025-1, Class B, 4.98% 9/17/2035 <sup>(a)(e)</sup>  | 1631 | 1641 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class A3, 5.44% 5/17/2027 <sup>(a)(e)</sup>  | 4323 | 4332 |
| Westlake Automobile Receivables Trust, Series 2023-3, Class A3, 5.82% 5/17/2027 <sup>(a)(e)</sup>  | 5650 | 5660 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class B, 5.55% 11/15/2027 <sup>(a)(e)</sup>  | 8245 | 8300 |
| Westlake Automobile Receivables Trust, Series 2025-1A, Class A2A, 4.66% 1/18/2028 <sup>(a)(e)</sup>  | 9635 | 9646 |
| Westlake Automobile Receivables Trust, Series 2023-1, Class B, 5.41% 1/18/2028 <sup>(a)(e)</sup>  | 1357 | 1358 |
| Westlake Automobile Receivables Trust, Series 2024-3A, Class A3, 4.71% 4/17/2028 <sup>(a)(e)</sup>  | 9200 | 9237 |
| Westlake Automobile Receivables Trust, Series 2023-1, Class C, 5.74% 8/15/2028 <sup>(a)(e)</sup>  | 2883 | 2904 |
| Westlake Automobile Receivables Trust, Series 2023-3, Class B, 5.92% 9/15/2028 <sup>(a)(e)</sup>  | 4761 | 4789 |
| Westlake Automobile Receivables Trust, Series 2023-3, Class C, 6.02% 9/15/2028 <sup>(a)(e)</sup>  | 2312 | 2345 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class C, 5.65% 2/15/2029 <sup>(a)(e)</sup>  | 5770 | 5829 |
| Westlake Automobile Receivables Trust, Series 2023-3, Class D, 6.47% 3/15/2029 <sup>(a)(e)</sup>  | 1287 | 1327 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class D, 6.02% 10/15/2029 <sup>(a)(e)</sup>  | 7427 | 7576 |
| Westlake Automobile Receivables Trust, Series 2025-1A, Class C, 5.14% 10/15/2030 <sup>(a)(e)</sup>  | 1754 | 1780 |
| Westlake Automobile Receivables Trust, Series 2025-1A, Class D, 5.54% 11/15/2030 <sup>(a)(e)</sup>  | 1139 | 1163 |

---

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| | |
|:---|:---|
| **38** | Intermediate Bond Fund of America |

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------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Auto loan (continued)** | **Auto loan (continued)** | **Auto loan (continued)** |
| Westlake Flooring Master Trust, Series 2024-1, Class A, 5.43% 2/15/2028 <sup>(a)(e)</sup>  | USD2,146 | $2156 |
| Wheels Fleet Lease Funding, LLC, Series 24-2A, Class A1, 4.87% 6/21/2039 <sup>(a)(e)</sup>  | 14377 | 14497 |
| Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(a)(e)</sup>  | 6802 | 6862 |
| World OMNI Select Auto Trust, Series 2024-A, Class A2A, 5.37% 2/15/2028 <sup>(a)</sup>  | 6256 | 6268 |
| World OMNI Select Auto Trust, Series 2024-A, Class A3, 4.98% 2/15/2030 <sup>(a)</sup>  | 3935 | 3957 |
|  |  | 1536657 |
| **Other asset-backed securities 4.73%** | **Other asset-backed securities 4.73%** | **Other asset-backed securities 4.73%** |
| ACHV ABS Trust, Series 2024-3AL, Class A, 5.01% 12/26/2031 <sup>(a)(e)</sup>  | 919 | 926 |
| ACHV ABS Trust, Series 2024-3AL, Class B, 5.45% 12/26/2031 <sup>(a)(e)</sup>  | 776 | 783 |
| ACHV ABS Trust, Series 2024-3AL, Class C, 5.68% 12/26/2031 <sup>(a)(e)</sup>  | 438 | 442 |
| ACHV ABS Trust, Series 2025-1PL, Class A, 4.76% 4/26/2032 <sup>(a)(e)</sup>  | 2373 | 2378 |
| ACHV ABS Trust, Series 2025-1PL, Class B, 5.04% 4/26/2032 <sup>(a)(e)</sup>  | 1837 | 1843 |
| ACHV ABS Trust, Series 2025-1PL, Class C, 5.31% 4/26/2032 <sup>(a)(e)</sup>  | 3895 | 3897 |
| Affirm Asset Securitization Trust, Series 2024-B, Class A, 4.62% 9/15/2029 <sup>(a)(e)</sup>  | 12804 | 12823 |
| Affirm Master Trust, 2025-2A, Class A, 4.67% 7/15/2033 <sup>(a)(e)</sup>  | 2496 | 2511 |
| Affirm, Inc., Series 2023-B, Class A, 6.82% 9/15/2028 <sup>(a)(e)</sup>  | 3657 | 3660 |
| Affirm, Inc., Series 2024, Class 1A, 5.61% 2/15/2029 <sup>(a)(e)</sup>  | 20400 | 20507 |
| Affirm, Inc., Series 2024-A, Class A, 5.61% 2/15/2029 <sup>(a)(e)</sup>  | 12922 | 12990 |
| Affirm, Inc., Series 2024-X2, Class A, 5.22% 12/17/2029 <sup>(a)(e)</sup>  | 4357 | 4360 |
| Affirm, Inc., Series 2025-X1, Class A, 5.08% 4/15/2030 <sup>(a)(e)</sup>  | 11578 | 11594 |
| Apollo Aviation Securitization Equity Trust, Series 2025-2A, Class A, 5.522% 2/16/2050 <sup>(a)(e)</sup>  | 9497 | 9702 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 <sup>(a)(e)</sup>  | 4045 | 4155 |
| Auxilior Term Funding, LLC, Series 24-1, Class A2, 5.84% 3/15/2027 <sup>(a)(e)</sup>  | 3532 | 3549 |
| Auxilior Term Funding, LLC, Series 24-1, Class A3, 5.49% 7/15/2031 <sup>(a)(e)</sup>  | 3875 | 3957 |
| Auxilior Term Funding, LLC, Series 24-1, Class C, 6.01% 7/15/2031 <sup>(a)(e)</sup>  | 1197 | 1236 |
| AXIS Equipment Finance Receivables, LLC, Series 2023-1, Class A2, 6.09% 12/20/2029 <sup>(a)(e)</sup>  | 1863 | 1882 |
| AXIS Equipment Finance Receivables, LLC, Series 2024-2, Class A2, 5.19% 7/21/2031 <sup>(a)(e)</sup>  | 4975 | 5036 |
| Bankers Healthcare Group Securitization Trust, Series 2020-A, Class B, 3.59% 9/17/2031 <sup>(a)(e)</sup>  | 510 | 510 |
| Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 11/17/2033 <sup>(a)(e)</sup>  | 1169 | 1153 |
| Beacon Container Finance II, LLC, Series 2021-1A, Class A, 2.25% 10/22/2046 <sup>(a)(e)</sup>  | 849 | 790 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class A2, 5.05% 3/15/2029 <sup>(a)(e)</sup>  | 2206 | 2215 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class B, 5.41% 3/15/2030 <sup>(a)(e)</sup>  | 3345 | 3390 |
| Bridge Trust, Series 2025-SFR1, Class A, 4.05% 9/17/2042 <sup>(a)(e)</sup>  | 9554 | 9219 |
| Business Jet Securities, LLC, Series 2024-2A, Class A, 5.364% 9/15/2039 <sup>(a)(e)</sup>  | 1366 | 1376 |
| CAL Funding IV, Ltd., Series 2020-1A, Class A, 2.22% 9/25/2045 <sup>(a)(e)</sup>  | 145 | 138 |
| Capteris Equipment Finance, Series 2024-1, Class A2, 5.58% 7/20/2032 <sup>(a)(e)</sup>  | 15646 | 15902 |
| Castlelake Aircraft Securitization Trust, Series 2021-1, Class A, 2.868% 5/11/2037 <sup>(a)(e)</sup>  | 10790 | 10060 |
| Castlelake Aircraft Securitization Trust, Series 2017-1R, Class A, 2.741% 8/15/2041 <sup>(a)(e)</sup>  | 274 | 272 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(a)(e)</sup>  | 12842 | 13071 |
| CCG Receivables Trust, Series 2023-1, Class B, 5.99% 9/16/2030 <sup>(a)(e)</sup>  | 3000 | 3040 |
| CCG Receivables Trust, Series 2024-1, Class A2, 4.99% 3/15/2032 <sup>(a)(e)</sup>  | 854 | 860 |
| CCG Receivables Trust, Series 2025-1, Class B, 4.69% 10/14/2032 <sup>(a)(e)</sup>  | 3850 | 3885 |
| CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 <sup>(a)(e)</sup>  | 49063 | 42738 |
| CF Hippolyta, LLC, Series 2020-1, Class A2, 1.99% 7/15/2060 <sup>(a)(e)</sup>  | 6927 | 5930 |
| CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/2061 <sup>(a)(e)</sup>  | 43230 | 36338 |
| CF Hippolyta, LLC, Series 2022-1A, Class A1, 5.97% 8/15/2062 <sup>(a)(e)</sup>  | 43528 | 42294 |
| CF Hippolyta, LLC, Series 2022-1A, Class A2, 6.11% 8/15/2062 <sup>(a)(e)</sup>  | 11369 | 10938 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class A2, 4.71% 8/20/2032 <sup>(a)(e)</sup>  | 1306 | 1310 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class B, 4.79% 8/20/2032 <sup>(a)(e)</sup>  | 2313 | 2320 |
| CLI Funding IX, LLC, Series 2024-1A, Class C, 6.00% 7/20/2049 <sup>(a)(e)</sup>  | 900 | 905 |
| CLI Funding VI, LLC, Series 2020-2A, Class A, 2.03% 9/15/2045 <sup>(a)(e)</sup>  | 2435 | 2283 |
| CLI Funding VI, LLC, Series 2020-1A, Class A, 2.08% 9/18/2045 <sup>(a)(e)</sup>  | 5676 | 5316 |
| CLI Funding VI, LLC, Series 2020-3A, Class A, 2.07% 10/18/2045 <sup>(a)(e)</sup>  | 1457 | 1368 |
| CLI Funding VIII, LLC, Series 2021-1A, Class A, 1.64% 2/18/2046 <sup>(a)(e)</sup>  | 2715 | 2511 |
| CLI Funding VIII, LLC, Series 2022-1, Class A, 2.72% 1/18/2047 <sup>(a)(e)</sup>  | 3064 | 2840 |
| CNH Equipment Trust, Series 2024-B, Class A2A, 5.42% 10/15/2027 <sup>(a)</sup>  | 3645 | 3655 |
| CNH Equipment Trust, Series 2024-B, Class A3, 5.19% 9/17/2029 <sup>(a)</sup>  | 9158 | 9315 |
| Commercial Equipment Finance, Series 2024-1, Class A, 5.97% 7/16/2029 <sup>(a)(e)</sup>  | 6212 | 6283 |
| Crockett Partners Equipment Co. II, LLC, Series 2024-1C, Class A, 6.05% 1/20/2031 <sup>(a)(e)</sup>  | 7649 | 7767 |
| Crossroads Asset Trust, Series 2024-A, Class A2, 5.90% 8/20/2030 <sup>(a)(e)</sup>  | 3277 | 3320 |
| Daimler Trucks Retail Trust, Series 2024-1, Class A2, 5.60% 4/15/2026 <sup>(a)</sup>  | 523 | 523 |
| Daimler Trucks Retail Trust, Series 2024-1, Class A3, 5.49% 12/15/2027 <sup>(a)</sup>  | 3561 | 3593 |
| Dell Equipment Finance Trust, Series 2024-1, Class A3, 5.39% 3/22/2030 <sup>(a)(e)</sup>  | 12000 | 12109 |
| Dell Equipment Finance Trust, Series 2024-2, Class A3, 4.59% 8/22/2030 <sup>(a)(e)</sup>  | 4877 | 4909 |

---

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **39** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Other asset-backed securities (continued)** | **Other asset-backed securities (continued)** | **Other asset-backed securities (continued)** |
| Dell Equipment Finance Trust, Series 2024-2, Class B, 4.82% 8/22/2030 <sup>(a)(e)</sup>  | USD1,025 | $1034 |
| Dext ABS, Series 2023-1, Class A2, 5.99% 3/15/2032 <sup>(a)(e)</sup>  | 749 | 752 |
| DLLAD, LLC, Series 2024-1, Class A2, 5.50% 8/20/2027 <sup>(a)(e)</sup>  | 2417 | 2430 |
| DLLAD, LLC, Series 2024-1, Class A3, 5.30% 7/20/2029 <sup>(a)(e)</sup>  | 1963 | 2012 |
| DLLAD, LLC, Series 2025-1A, Class A3, 4.42% 9/20/2030 <sup>(a)(e)</sup>  | 3773 | 3811 |
| DLLMT, LLC, Series 2024-1A, Class A4, 4.98% 4/20/2032 <sup>(a)(e)</sup>  | 4000 | 4091 |
| EDvestinU Private Education Loan, LLC, Series 2021-A, Class A, 1.80% 11/25/2045 <sup>(a)(e)</sup>  | 1647 | 1541 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(a)(e)</sup>  | 11218 | 11427 |
| EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 <sup>(a)(e)</sup>  | 3778 | 3824 |
| GCI Funding I, LLC, Series 2020-1, Class A, 2.82% 10/18/2045 <sup>(a)(e)</sup>  | 6348 | 6038 |
| GCI Funding I, LLC, Series 2020-1, Class B, 3.81% 10/18/2045 <sup>(a)(e)</sup>  | 871 | 828 |
| GCI Funding I, LLC, Series 2021-1, Class A, 2.38% 6/18/2046 <sup>(a)(e)</sup>  | 7236 | 6723 |
| Global SC Finance V SRL, Series 2019-1A, Class B, 4.81% 9/17/2039 <sup>(a)(e)</sup>  | 3166 | 3084 |
| Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 10/17/2040 <sup>(a)(e)</sup>  | 8000 | 7660 |
| Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 11/19/2040 <sup>(a)(e)</sup>  | 9740 | 9296 |
| Global SC Finance VII SRL, Series 2021-1A, Class A, 1.86% 4/17/2041 <sup>(a)(e)</sup>  | 23926 | 22289 |
| Global SC Finance VII SRL, Series 2021-2A, Class A, 1.95% 8/17/2041 <sup>(a)(e)</sup>  | 10586 | 9934 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2025-1, Class A2, 4.52% 10/15/2027 <sup>(a)(e)</sup>  | 6316 | 6334 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2024-2, Class A3, 5.00% 9/15/2028 <sup>(a)(e)</sup>  | 5285 | 5370 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2025-1, Class A3, 4.49% 4/16/2029 <sup>(a)(e)</sup>  | 14142 | 14243 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2023-1, Class B, 5.21% 3/15/2030 <sup>(a)(e)</sup>  | 1500 | 1525 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2025-1, Class A4, 4.58% 1/15/2032 <sup>(a)(e)</sup>  | 3945 | 3993 |
| Horizon Aircraft Finance, Series 2024-1, Class A, 5.375% 9/15/2049 <sup>(a)(e)</sup>  | 3267 | 3307 |
| HPEFS Equipment Trust, Series 2024-2, Class B, 5.35% 10/20/2031 <sup>(a)(e)</sup>  | 453 | 458 |
| HPEFS Equipment Trust, Series 2024-2, Class A2, 5.50% 10/20/2031 <sup>(a)(e)</sup>  | 764 | 765 |
| HPEFS Equipment Trust, Series 2025-1A, Class A3, 4.43% 9/20/2032 <sup>(a)(e)</sup>  | 1982 | 1992 |
| John Deere Owner Trust, Series 2024-A, Class A3, 4.96% 11/15/2028 <sup>(a)</sup>  | 9567 | 9661 |
| John Deere Owner Trust, Series 2024-B, Class A3, 5.20% 3/15/2029 <sup>(a)</sup>  | 15243 | 15495 |
| M&T Equipment Notes, Series 2024-1, Class A3, 4.76% 8/18/2031 <sup>(a)(e)</sup>  | 12721 | 12895 |
| Merchants Fleet Funding, LLC, Series 2024-1, Class A, 5.82% 4/20/2037 <sup>(a)(e)</sup>  | 11466 | 11557 |
| Mercury Financial Credit Card Master Trust, Series 2024-2A, Class A, 6.56% 7/20/2029 <sup>(a)(e)</sup>  | 8816 | 8891 |
| MMP Capital, Series 2025-A, Class A, 5.36% 12/15/2031 <sup>(a)(e)</sup>  | 2740 | 2758 |
| Navigator Aircraft ABS, Ltd., Series 2021-1, Class A, 2.771% 11/15/2046 <sup>(a)(e)</sup>  | 9597 | 9107 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/2061 <sup>(a)(e)</sup>  | 159685 | 133155 |
| NMEF Funding, LLC, Series 2024-A, Class A2, 5.15% 12/15/2031 <sup>(a)(e)</sup>  | 10276 | 10344 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(a)(e)</sup>  | 19862 | 19916 |
| NMEF Funding, LLC, Series 2025-B, Class A2, 4.64% 1/18/2033 <sup>(a)(e)</sup>  | 17775 | 17828 |
| NMEF Funding, LLC, Series 2025-B, Class B, 4.73% 1/18/2033 <sup>(a)(e)</sup>  | 6354 | 6384 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 <sup>(a)(e)</sup>  | 9829 | 10010 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class B, 7.15% 6/17/2031 <sup>(a)(e)</sup>  | 1106 | 1125 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class A, 4.98% 10/17/2031 <sup>(a)(e)</sup>  | 4743 | 4760 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class B, 5.42% 10/17/2031 <sup>(a)(e)</sup>  | 370 | 372 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class A, 5.08% 4/19/2032 <sup>(a)(e)</sup>  | 4220 | 4230 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class B, 5.52% 4/19/2032 <sup>(a)(e)</sup>  | 515 | 519 |
| Oportun Funding, LLC, Series 2021-B, Class A, 1.47% 5/8/2031 <sup>(a)(e)</sup>  | 5644 | 5523 |
| Oportun Funding, LLC, Series 2021-B, Class B, 1.96% 5/8/2031 <sup>(a)(e)</sup>  | 603 | 590 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A2, 4.74% 4/20/2027 <sup>(a)(e)</sup>  | 4827 | 4836 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class A2, 5.79% 6/21/2027 <sup>(a)(e)</sup>  | 10196 | 10285 |
| PEAC Solutions Receivables, LLC, Series 2025-1A, Class A2, 4.94% 10/20/2028 <sup>(a)(e)</sup>  | 7296 | 7346 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class A3, 5.64% 11/20/2030 <sup>(a)(e)</sup>  | 2857 | 2938 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class B, 5.79% 11/20/2030 <sup>(a)(e)</sup>  | 2728 | 2807 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A3, 4.65% 10/20/2031 <sup>(a)(e)</sup>  | 301 | 303 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class B, 4.83% 10/20/2031 <sup>(a)(e)</sup>  | 3250 | 3271 |
| PEAC Solutions Receivables, LLC, Series 2025-1A, Class A3, 5.04% 7/20/2032 <sup>(a)(e)</sup>  | 5100 | 5207 |
| PFS Financing Corp., Series 2023-A, Class A, 5.80% 3/15/2028 <sup>(a)(e)</sup>  | 17000 | 17132 |
| PFS Financing Corp., Series 2023-B, Class A, 5.27% 5/15/2028 <sup>(a)(e)</sup>  | 5722 | 5761 |
| PFS Financing Corp., Series 2024-F, Class A, 4.75% 8/15/2029 <sup>(a)(e)</sup>  | 12866 | 13026 |
| PG&E Recovery Funding, LLC, Series 2024-A, Class A1, 4.838% 6/1/2033 <sup>(a)</sup>  | 7056 | 7142 |
| PG&E Wildfire Recovery Funding, LLC, Series 2022-A, Class A2, 4.263% 6/1/2036 <sup>(a)</sup>  | 3145 | 3007 |
| PK ALIFT Loan Funding 3, LP, Series 2024-1, Class A1, 5.842% 9/15/2039 <sup>(a)(e)</sup>  | 4394 | 4507 |
| PK ALIFT Loan Funding 3, LP, Series 2024-1, Class AF, (1-month USD CME Term SOFR + 1.70%) 6.063% <br>9/15/2039 <sup>(a)(c)(e)</sup>  | 1282 | 1290 |
| PK ALIFT Loan Funding 4, LP, Series 2024-2, Class A, 5.052% 10/15/2039 <sup>(a)(e)</sup>  | 5899 | 5910 |
| Post Road Equipment Finance, Series 2025-1A, Class A2, 4.90% 5/15/2031 <sup>(a)(e)</sup>  | 3756 | 3784 |
| Post Road Equipment Finance, Series 2025-1A, Class B, 5.04% 5/15/2031 <sup>(a)(e)</sup>  | 725 | 737 |
| Post Road Equipment Finance, Series 2025-1A, Class C, 5.13% 5/15/2031 <sup>(a)(e)</sup>  | 6575 | 6691 |

---

---

| | |
|:---|:---|
| **40** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Other asset-backed securities (continued)** | **Other asset-backed securities (continued)** | **Other asset-backed securities (continued)** |
| Reach Financial, LLC, Series 2024-2, Class B, 5.84% 7/15/2031 <sup>(a)(e)</sup>  | USD3,823 | $3886 |
| Reach Financial, LLC, Series 2024-2, Class A, 5.88% 7/15/2031 <sup>(a)(e)</sup>  | 2604 | 2618 |
| SCF Equipment Leasing, LLC, Series 2024-1A, Class A2, 5.88% 11/20/2029 <sup>(a)(e)</sup>  | 1410 | 1419 |
| SCF Equipment Leasing, LLC, Series 2024-1A, Class A3, 5.52% 1/20/2032 <sup>(a)(e)</sup>  | 12158 | 12476 |
| SCF Equipment Leasing, LLC, Series 2024-1, Class B, 5.56% 4/20/2032 <sup>(a)(e)</sup>  | 3390 | 3516 |
| SCF Equipment Leasing, LLC, Series 2024-1A, Class C, 5.82% 9/20/2032 <sup>(a)(e)</sup>  | 1625 | 1689 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A2, 4.82% 7/22/2030 <sup>(a)(e)</sup>  | 390 | 391 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 <sup>(a)(e)</sup>  | 10356 | 10630 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class B, 5.23% 9/20/2034 <sup>(a)(e)</sup>  | 4552 | 4690 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class C, 5.37% 9/20/2034 <sup>(a)(e)</sup>  | 1242 | 1273 |
| SLAM, LLC, Series 2024-1A, Class A, 5.335% 9/15/2049 <sup>(a)(e)</sup>  | 5561 | 5625 |
| SOLRR Aircraft Aviation Holding, Ltd., Series 2021-1, Class A, 2.636% 10/15/2046 <sup>(a)(e)</sup>  | 5344 | 5051 |
| SPRITE, Ltd., Series 2021-1, Class A, 3.75% 11/15/2046 <sup>(a)(e)</sup>  | 5134 | 4972 |
| Stellar Jay Ireland DAC, Series 2021-1, Class A, 3.967% 10/15/2041 <sup>(a)(e)</sup>  | 3959 | 3922 |
| Stonepeak Infrastructure Partners, Series 2021-1A, Class AA, 2.301% 2/28/2033 <sup>(a)(e)</sup>  | 1420 | 1362 |
| Stonepeak Infrastructure Partners, Series 2021-1A, Class A, 2.675% 2/28/2033 <sup>(a)(e)</sup>  | 480 | 460 |
| Subway Funding, LLC, Series 2024-3, Class A2I, 5.246% 7/30/2054 <sup>(a)(e)</sup>  | 21112 | 21145 |
| Subway Funding, LLC, Series 2024-3A, Class A2II, 5.566% 7/30/2054 <sup>(a)(e)</sup>  | 978 | 982 |
| Subway Funding, LLC, Series 2024-1, Class A2II, 6.268% 7/30/2054 <sup>(a)(e)</sup>  | 1489 | 1526 |
| SuttonPark Structured Settlements, Series 2021-1, Class A, 1.95% 9/15/2075 <sup>(a)(e)</sup>  | 11175 | 10837 |
| Synchrony Card Issuance Trust, Series 2023-A, Class A, 5.54% 7/15/2029 <sup>(a)</sup>  | 20672 | 20909 |
| Synchrony Card Issuance Trust, Series 2023-A2, Class A, 5.74% 10/15/2029 <sup>(a)</sup>  | 5977 | 6081 |
| Synchrony Card Issuance Trust, Series 2024-A2, Class A, 4.93% 7/15/2030 <sup>(a)</sup>  | 12285 | 12497 |
| Synchrony Card Issuance Trust, Series 2025-A1, Class A, 4.78% 2/18/2031 <sup>(a)</sup>  | 11616 | 11828 |
| Synchrony Card Issuance Trust, Series 2025-A2, Class A, 4.49% 5/15/2031 <sup>(a)</sup>  | 17525 | 17762 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(a)(e)</sup>  | 3760 | 3573 |
| Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 9/20/2045 <sup>(a)(e)</sup>  | 3409 | 3209 |
| Textainer Marine Containers, Ltd., Series 2020-3, Class A, 2.11% 9/20/2045 <sup>(a)(e)</sup>  | 2735 | 2600 |
| Textainer Marine Containers, Ltd., Series 2021-1, Class A, 1.68% 2/20/2046 <sup>(a)(e)</sup>  | 4825 | 4495 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 4/20/2046 <sup>(a)(e)</sup>  | 20135 | 18898 |
| TIF Funding II, LLC, Series 2021-1A, Class A, 1.65% 2/20/2046 <sup>(a)(e)</sup>  | 263 | 240 |
| T-Mobile US Trust, Series 2024-1, Class A, 5.05% 9/20/2029 <sup>(a)(e)</sup>  | 14656 | 14775 |
| Triton Container Finance VIII, LLC, Series 2020-1, Class A, 2.11% 9/20/2045 <sup>(a)(e)</sup>  | 17981 | 16858 |
| Triton Container Finance VIII, LLC, Series 2020-1, Class B, 3.74% 9/20/2045 <sup>(a)(e)</sup>  | 3058 | 2935 |
| Triton Container Finance VIII, LLC, Series 2021-1, Class A, 1.86% 3/20/2046 <sup>(a)(e)</sup>  | 3866 | 3567 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(a)(e)</sup>  | 5901 | 5916 |
| Verdant Receivables, LLC, Series 2024-1, Class A2, 5.68% 12/12/2031 <sup>(a)(e)</sup>  | 3407 | 3470 |
| Verdant Receivables, LLC, Series 2025-1A, Class A3, 4.96% 5/12/2033 <sup>(a)(e)</sup>  | 15582 | 15870 |
| Verizon Master Trust, Series 2024-1, Class A1A, 5.00% 12/20/2028 <sup>(a)</sup>  | 7486 | 7502 |
| Verizon Master Trust, Series 2023-1, Class A, 4.49% 1/22/2029 (5.24% on 1/20/2026) <sup>(a)(f)</sup>  | 14481 | 14496 |
| Verizon Master Trust, Series 2025-3, Class A1A, 4.51% 3/20/2030 (5.26% on 11/20/2027) <sup>(a)(f)</sup>  | 6073 | 6117 |
| Verizon Master Trust, Series 2024-3, Class A1A, 5.34% 4/22/2030 <sup>(a)</sup>  | 20000 | 20422 |
| Verizon Master Trust, Series 2024-6, Class A1A, 4.17% 8/20/2030 <sup>(a)</sup>  | 9686 | 9734 |
| Verizon Master Trust, Series 2023-3, Class A, 4.73% 4/21/2031 <sup>(a)(e)</sup>  | 13818 | 14098 |
| Verizon Master Trust, Series 2024-2, Class A, 4.83% 12/22/2031 <sup>(a)(e)</sup>  | 5212 | 5346 |
| Verizon Master Trust, Series 24-5, Class A, 5.00% 6/21/2032 <sup>(a)(e)</sup>  | 4587 | 4745 |
| Verizon Master Trust, Series 2025-4, Class A, 4.76% 3/21/2033 <sup>(a)(e)</sup>  | 5649 | 5800 |
| VFI ABS, LLC, Series 2025-1A, Class A, 4.78% 6/24/2030 <sup>(a)(e)</sup>  | 4027 | 4039 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(a)(e)</sup>  | 5625 | 5642 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class C, 5.28% 9/20/2032 <sup>(a)(e)</sup>  | 718 | 727 |
|  |  | 1271159 |
| **Collateralized loan obligations 1.27%** | **Collateralized loan obligations 1.27%** | **Collateralized loan obligations 1.27%** |
| 522 Funding CLO, Ltd., Series 18-3, Class AR, (3-month USD CME Term SOFR + 1.302%) 5.627% <br>10/20/2031 <sup>(a)(c)(e)</sup>  | 266 | 267 |
| Allegro CLO, Ltd., Series 2019-1, Class ARR, (3-month USD CME Term SOFR + 1.13%) 5.455% 4/20/2032 <sup>(a)(c)(e)</sup>  | 5513 | 5516 |
| Allegro CLO, Ltd., Series 2019-2, Class CR, (3-month USD CME Term SOFR + 2.53%) 6.855% 1/19/2033 <sup>(a)(c)(e)</sup>  | 2500 | 2507 |
| Apex Credit CLO, LLC, Series 2021-2A, Class A2R, (3-month USD CME Term SOFR + 1.85%) 6.046% <br>10/20/2034 <sup>(a)(c)(e)</sup>  | 526 | 526 |
| Apidos CLO, Ltd., Series 2019-32A, Class A1R, (3-month USD CME Term SOFR + 1.10%) 5.425% 1/20/2033 <sup>(a)(c)(e)</sup>  | 9243 | 9256 |
| ARES CLO, Ltd., Series 2022-65A, Class CR, (3-month USD CME Term SOFR + 1.85%) 6.055% 7/25/2034 <sup>(a)(c)(e)</sup>  | 4000 | 4000 |
| Atlas Senior Loan Fund, Ltd., CLO, Series 2021-17A, Class CR, (3-month USD CME Term SOFR + 2.08%) 6.405% <br> 10/20/2034 <sup>(a)(c)(e)</sup>  | 2998 | 2995 |
| Ballyrock, Ltd., CLO, Series 2019-2A, Class A1R, (3-month USD CME Term SOFR + 1.40%) 5.604% <br>2/20/2036 <sup>(a)(c)(e)</sup>  | 20000 | 20065 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **41** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Collateralized loan obligations (continued)** | **Collateralized loan obligations (continued)** | **Collateralized loan obligations (continued)** |
| Battalion CLO, Ltd., Series 2018-12A, Class ARR, (3-month USD CME Term SOFR + 0.93%) 5.115% <br>5/17/2031 <sup>(a)(c)(e)</sup>  | USD6,668 | $6658 |
| Battalion CLO, Ltd., Series 2024-25, Class C, (3-month USD CME Term SOFR + 2.50%) 6.825% 3/13/2037 <sup>(a)(c)(e)</sup>  | 2400 | 2405 |
| Betony CLO 2, Ltd., Series 2018-1, Class A2, (3-month USD CME Term SOFR + 1.862%) 6.172% 4/30/2031 <sup>(a)(c)(e)</sup>  | 800 | 800 |
| Blackrock Mt. Hood CLO X, LLC, Series 2023-1A, Class A1, (3-month USD CME Term SOFR + 2.50%) 6.825% <br> 4/20/2035 <sup>(a)(c)(e)</sup>  | 2000 | 2003 |
| Canyon Capital CLO, Ltd., Series 2021-2, Class D, (3-month USD CME Term SOFR + 3.612%) 7.929% <br>4/15/2034 <sup>(a)(c)(e)</sup>  | 923 | 924 |
| Cathedral Lake, Ltd., CLO, Series 2021-8, Class C, (3-month USD CME Term SOFR + 2.882%) 7.207% <br>1/20/2035 <sup>(a)(c)(e)</sup>  | 1100 | 1104 |
| Cerberus Loan Funding, LP, CLO, Series 2022-2, Class A1, (3-month USD CME Term SOFR + 2.75%) 7.068% <br> 10/15/2034 <sup>(a)(c)(e)</sup>  | 4000 | 4009 |
| Cerberus Loan Funding, LP, CLO, Series 2023-1, Class A, (3-month USD CME Term SOFR + 2.40%) 6.718% <br> 3/22/2035 <sup>(a)(c)(e)</sup>  | 2000 | 2002 |
| Dryden Senior Loan Fund, CLO, Series 2015-37, Class AR, (3-month USD CME Term SOFR + 1.362%) 5.679% <br> 1/15/2031 <sup>(a)(c)(e)</sup>  | 1157 | 1159 |
| Flatiron CLO, Ltd., Series 2024-1A, Class A1R, (3-month USD CME Term SOFR + 1.08%) 5.313% 7/15/2036 <sup>(a)(c)(e)</sup>  | 17997 | 17997 |
| Fortress Credit BSL, Ltd., CLO, Series 2019-2A, Class A1AR, (3-month USD CME Term SOFR + 1.05%) 5.375% <br>10/20/2032 <sup>(a)(c)(e)</sup>  | 3326 | 3325 |
| Fortress Credit BSL, Ltd., CLO, Series 2022-2, Class AR, (3-month USD CME Term SOFR + 1.40%) 5.729% <br>10/18/2033 <sup>(a)(c)(e)</sup>  | 3938 | 3945 |
| Fortress Credit BSL, Ltd., CLO, Series 2022-2, Class CR, (3-month USD CME Term SOFR + 2.60%) 6.929% <br>10/18/2033 <sup>(a)(c)(e)</sup>  | 3000 | 3008 |
| Fortress Credit BSL, Ltd., CLO, Series 2023-1A, Class A1R, (3-month USD CME Term SOFR + 1.57%) 5.889% <br>4/23/2036 <sup>(a)(c)(e)</sup>  | 1600 | 1601 |
| Fortress Credit BSL, Ltd., CLO, Series 2023-1A, Class BR, (3-month USD CME Term SOFR + 1.85%) 6.169% <br>4/23/2036 <sup>(a)(c)(e)</sup>  | 408 | 408 |
| Harbor Park CLO, Ltd., Series 2018-1, Class CR, (3-month USD CME Term SOFR + 2.05%) 6.375% <br>1/20/2031 <sup>(a)(c)(e)</sup>  | 2834 | 2838 |
| Jamestown CLO, Ltd., Series 2018-11, Class A2, (3-month USD CME Term SOFR + 1.962%) 6.282% <br>7/14/2031 <sup>(a)(c)(e)</sup>  | 500 | 502 |
| Jamestown CLO, Ltd., Series 2019-1, Class A1R, (3-month USD CME Term SOFR + 1.20%) 5.525% <br>4/20/2032 <sup>(a)(c)(e)</sup>  | 9284 | 9284 |
| Jamestown CLO, Ltd., Series 2019-1, Class BR, (3-month USD CME Term SOFR + 2.50%) 6.825% <br>4/20/2032 <sup>(a)(c)(e)</sup>  | 4000 | 4000 |
| Juniper Valley Park CLO, Ltd., Series 2023-1, Class AR, (3-month USD CME Term SOFR + 1.25%) 5.575% <br> 7/20/2036 <sup>(a)(c)(e)</sup>  | 11958 | 11976 |
| KKR Financial CLO, Ltd., Series 21, Class A, (3-month USD CME Term SOFR + 1.262%) 5.579% 4/15/2031 <sup>(a)(c)(e)</sup>  | 490 | 490 |
| LCM, LP, Series 2027, Class A1, (3-month USD CME Term SOFR + 1.342%) 5.659% 7/16/2031 <sup>(a)(c)(e)</sup>  | 1427 | 1428 |
| Magnetite CLO, Ltd., Series 2019-22, Class ARR, (3-month USD CME Term SOFR + 1.25%) 5.568% <br>7/15/2036 <sup>(a)(c)(e)</sup>  | 4618 | 4622 |
| Marathon CLO, Ltd., Series 2019-2A, Class BAR2, (3-month USD CME Term SOFR + 1.85%) 6.175% <br>1/20/2033 <sup>(a)(c)(e)</sup>  | 3614 | 3607 |
| Marble Point CLO, Ltd., Series 2019-1A, Class A1R2, (3-month USD CME Term SOFR + 1.04%) 5.359% <br>7/23/2032 <sup>(a)(c)(e)</sup>  | 12918 | 12906 |
| Neuberger Berman Loan Advisers LaSalle Street Lending CLO, Ltd., Series 2023-1, Class D1, (3-month USD CME <br> Term SOFR + 5.00%) 9.318% 10/25/2036 <sup>(a)(c)(e)</sup>  | 1000 | 1002 |
| Newark BSL CLO 2, Ltd., Series 2017-1A, Class A1R, (3-month USD CME Term SOFR + 1.232%) 5.55% <br>7/25/2030 <sup>(a)(c)(e)</sup>  | 3672 | 3675 |
| Ocean Trails CLO, Series 2021-11A, Class DR, (3-month USD CME Term SOFR + 3.10%) 7.425% 7/20/2034 <sup>(a)(c)(e)</sup>  | 3000 | 2994 |
| OCP CLO, Ltd., Series 2019-16A, Class AR, (3-month USD CME Term SOFR + 1.262%) 5.59% 4/10/2033 <sup>(a)(c)(e)</sup>  | 1641 | 1642 |
| Octagon Investment Partners, Ltd., CLO, Series 2018-18X, Class A1A, (3-month USD CME Term SOFR + 1.222%) <br> 5.539% 4/16/2031 <sup>(a)(c)(i)</sup>  | 302 | 302 |
| Orion CLO, Ltd., Series 2023-1, Class D, (3-month USD CME Term SOFR + 5.15%) 9.468% 10/25/2036 <sup>(a)(c)(e)</sup>  | 757 | 759 |
| Palmer Square Loan Funding, Ltd., Series 2022-4A, Class A1RN, (3-month USD CME Term SOFR + 1.00%) 5.319% <br> 7/24/2031 <sup>(a)(c)(e)</sup>  | 4078 | 4079 |
| Palmer Square Loan Funding, Ltd., Series 2022-4A, Class A2R, (3-month USD CME Term SOFR + 1.30%) 5.619% <br> 7/24/2031 <sup>(a)(c)(e)</sup>  | 7111 | 7119 |
| Palmer Square Loan Funding, Ltd., Series 2022-4A, Class CR, (3-month USD CME Term SOFR + 2.40%) 6.719% <br> 7/24/2031 <sup>(a)(c)(e)</sup>  | 1429 | 1427 |
| Palmer Square Loan Funding, Ltd., Series 2024-2A, Class A1N, (3-month USD CME Term SOFR + 1.00%) 5.318% <br> 1/15/2033 <sup>(a)(c)(e)</sup>  | 4202 | 4195 |
| Parallel, Ltd., Series 2023-1A, Class A1R, (3-month USD CME Term SOFR + 1.39%) 5.715% 7/20/2036 <sup>(a)(c)(e)</sup>  | 14000 | 14030 |
| Parallel, Ltd., Series 2023-1A, Class BR, (3-month USD CME Term SOFR + 2.05%) 6.375% 7/20/2036 <sup>(a)(c)(e)</sup>  | 1636 | 1636 |
| Race Point CLO, Ltd., Series 2015-9A, Class A1A2, (3-month USD CME Term SOFR + 1.202%) 5.519% <br>10/15/2030 <sup>(a)(c)(e)</sup>  | 2410 | 2410 |

---

---

| | |
|:---|:---|
| **42** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Collateralized loan obligations (continued)** | **Collateralized loan obligations (continued)** | **Collateralized loan obligations (continued)** |
| RAD CLO, Ltd., Series 2020-7, Class CR, (3-month USD CME Term SOFR + 2.60%) 6.922% 4/17/2036 <sup>(a)(c)(e)</sup>  | USD3,000 | $3003 |
| Recette CLO, LLC, Series 2015-1, Class ARR, (3-month USD CME Term SOFR + 1.342%) 5.667% 4/20/2034 <sup>(a)(c)(e)</sup>  | 12000 | 12034 |
| Rockford Tower CLO, Ltd., Series 2017-3, Class A, (3-month USD CME Term SOFR + 1.452%) 5.777% <br>10/20/2030 <sup>(a)(c)(e)</sup>  | 329 | 329 |
| RR, Ltd., CLO, Series 2020-8, Class A1R, (3-month USD CME Term SOFR + 1.35%) 5.668% 7/15/2037 <sup>(a)(c)(e)</sup>  | 5000 | 5013 |
| Sound Point CLO, Ltd., Series 2013-3R, Class A, (3-month USD CME Term SOFR + 1.412%) 5.741% <br>4/18/2031 <sup>(a)(c)(e)</sup>  | 175 | 175 |
| Sound Point CLO, Ltd., Series 2013-3R, Class C, (3-month USD CME Term SOFR + 2.512%) 6.841% <br>4/18/2031 <sup>(a)(c)(e)</sup>  | 800 | 804 |
| Sound Point CLO, Ltd., Series 2019-2, Class CR, (3-month USD CME Term SOFR + 2.616%) 6.829% <br>7/15/2034 <sup>(a)(c)(e)</sup>  | 1600 | 1606 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class ARR, (3-month USD CME Term SOFR + 1.04%) 5.358% <br>4/15/2032 <sup>(a)(c)(e)</sup>  | 11226 | 11225 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class DRR, (3-month USD CME Term SOFR + 3.00%) 7.318% <br>4/15/2032 <sup>(a)(c)(e)</sup>  | 2000 | 2006 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 5.318% <br>7/15/2032 <sup>(a)(c)(e)</sup>  | 12973 | 12973 |
| Sycamore Tree CLO, Ltd., Series 2024-5, Class A1, (3-month USD CME Term SOFR + 1.42%) 5.745% <br>4/20/2036 <sup>(a)(c)(e)</sup>  | 19000 | 19039 |
| Sycamore Tree CLO, Ltd., Series 2024-5, Class C, (3-month USD CME Term SOFR + 2.75%) 7.075% <br>4/20/2036 <sup>(a)(c)(e)</sup>  | 2666 | 2669 |
| Sycamore Tree CLO, Ltd., Series 2023-4, Class D, (3-month USD CME Term SOFR + 5.55%) 9.825% <br>10/20/2036 <sup>(a)(c)(e)</sup>  | 2000 | 2001 |
| Sycamore Tree CLO, Ltd., Series 2023-2, Class DR, (3-month USD CME Term SOFR + 4.50%) 8.825% <br>1/20/2037 <sup>(a)(c)(e)</sup>  | 1500 | 1507 |
| Symphony CLO, Ltd., Series 2014-15A, Class AR3, (3-month USD CME Term SOFR + 1.342%) 5.664% <br>1/17/2032 <sup>(a)(c)(e)</sup>  | 289 | 289 |
| TCW CLO, Ltd., Series 2019-1A, Class CR, (3-month USD CME Term SOFR + 2.762%) 6.947% 8/16/2034 <sup>(a)(c)(e)</sup>  | 1000 | 1004 |
| TCW CLO, Ltd., Series 2019-1A, Class DR, (3-month USD CME Term SOFR + 3.932%) 8.117% 8/16/2034 <sup>(a)(c)(e)</sup>  | 1500 | 1495 |
| Thompson Park CLO, Ltd., Series 2021-1A, Class A1R, (3-month USD CME Term SOFR + 1.05%) 5.368% <br>4/15/2034 <sup>(a)(c)(e)</sup>  | 12917 | 12927 |
| Thompson Park CLO, Ltd., Series 2021-1A, Class CR, (3-month USD CME Term SOFR + 1.90%) 6.218% <br>4/15/2034 <sup>(a)(c)(e)</sup>  | 2000 | 2006 |
| Thompson Park CLO, Ltd., Series 2021-1A, Class DR, (3-month USD CME Term SOFR + 2.70%) 7.018% <br>4/15/2034 <sup>(a)(c)(e)</sup>  | 2000 | 2007 |
| Trinitas CLO, Ltd., Series 2018-9A, Class ARRR, (3-month USD CME Term SOFR + 1.20%) 5.525% <br>1/20/2032 <sup>(a)(c)(e)</sup>  | 3459 | 3459 |
| Trinitas CLO, Ltd., Series 2020-12A, Class A1R2, (3-month USD CME Term SOFR + 1.05%) 5.309% <br>4/25/2033 <sup>(a)(c)(e)</sup>  | 14000 | 14000 |
| Trinitas CLO, Ltd., Series 2020-12A, Class B1R2, (3-month USD CME Term SOFR + 1.55%) 5.792% <br>4/25/2033 <sup>(a)(c)(e)</sup>  | 1318 | 1318 |
| Trinitas CLO, Ltd., Series 2020-12A, Class CR2, (3-month USD CME Term SOFR + 1.80%) 6.042% <br>4/25/2033 <sup>(a)(c)(e)</sup>  | 818 | 818 |
| Valley Stream Park CLO, Ltd., Series 2022-1A, Class ARR, (3-month USD CME Term SOFR + 1.19%) 5.515% <br> 1/20/2037 <sup>(a)(c)(e)</sup>  | 13000 | 12999 |
| Vibrant CLO, Ltd., Series 2019-11, Class A1R1, (3-month USD CME Term SOFR + 1.382%) 5.707% <br>7/20/2032 <sup>(a)(c)(e)</sup>  | 1340 | 1341 |
| Vibrant CLO, Ltd., Series 2021-12, Class A2AR, (3-month USD CME Term SOFR + 1.90%) 6.225% 4/20/2034 <sup>(a)(c)(e)</sup>  | 5000 | 5003 |
| Vibrant CLO, Ltd., Series 2018-9RA, Class B, (3-month USD CME Term SOFR + 1.60%) 5.925% 4/20/2037 <sup>(a)(c)(e)</sup>  | 2893 | 2882 |
| Vibrant CLO, Ltd., Series 2018-9RA, Class C1, (3-month USD CME Term SOFR + 1.82%) 6.145% 4/20/2037 <sup>(a)(c)(e)</sup>  | 543 | 543 |
| Voya CLO, Ltd., Series 2018-3, Class A1R2, (3-month USD CME Term SOFR + 1.20%) 5.518% 10/15/2031 <sup>(a)(c)(e)</sup>  | 8265 | 8271 |
| Wind River CLO, Ltd., Series 2018-1, Class B, (3-month USD CME Term SOFR + 1.912%) 6.229% 7/15/2030 <sup>(a)(c)(e)</sup>  | 250 | 250 |
| Wind River CLO, Ltd., Series 2015-1A, Class A1R3, (3-month USD CME Term SOFR + 1.20%) 5.525% <br>10/20/2030 <sup>(a)(c)(e)</sup>  | 1246 | 1246 |
| Wind River CLO, Ltd., Series 2015-1, Class BR3, (3-month USD CME Term SOFR + 1.80%) 6.125% <br>10/20/2030 <sup>(a)(c)(e)</sup>  | 3000 | 3004 |
| Wind River CLO, Ltd., Series 14-3, Class CR2, (3-month USD CME Term SOFR + 2.562%) 6.894% <br>10/22/2031 <sup>(a)(c)(e)</sup>  | 250 | 251 |
|  |  | 342900 |
| **Credit card 0.67%** | **Credit card 0.67%** | **Credit card 0.67%** |
| American Express Credit Account Master Trust, Series 2023-2, Class A, 4.80% 5/15/2030 <sup>(a)</sup>  | 3000 | 3073 |
| Avant Credit Card Master Trust, Series 2024-2A, Class A, 5.38% 5/15/2029 <sup>(a)(e)</sup>  | 33686 | 33678 |
| Bank of America Credit Card Trust, Series 2023-A2, Class A2, 4.98% 11/15/2028 <sup>(a)</sup>  | 7806 | 7896 |
| Bank of America Credit Card Trust, Series 2024-A1, Class A, 4.93% 5/15/2029 <sup>(a)</sup>  | 14833 | 15084 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **43** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| **Credit card (continued)** | **Credit card (continued)** | **Credit card (continued)** |
| Brex Commercial Charge Card Master Trust, Series 2024-1, Class A1, 6.05% 7/15/2027 <sup>(a)(e)</sup>  | USD5,463 | $5502 |
| Brex Commercial Charge Card Master Trust, Series 2024-1, Class A2, 6.68% 7/15/2027 <sup>(a)(e)</sup>  | 2926 | 2939 |
| Chase Issuance Trust, Series 2024-A1, Class A, 4.60% 1/16/2029 <sup>(a)</sup>  | 14965 | 15090 |
| Citibank Credit Card Issuance Trust, Series 2023-A1, Class A1, 5.23% 12/8/2027 <sup>(a)</sup>  | 10715 | 10742 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(a)(e)</sup>  | 1691 | 1712 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class C, 5.53% 5/15/2029 <sup>(a)(e)</sup>  | 292 | 295 |
| First National Master Note Trust, Series 2023-1, Class A, 5.13% 4/16/2029 <sup>(a)</sup>  | 7104 | 7144 |
| First National Master Note Trust, Series 2023-2, Class A, 5.77% 9/17/2029 <sup>(a)</sup>  | 8022 | 8150 |
| First National Master Note Trust, Series 2024-1, Class A, 5.34% 5/15/2030 <sup>(a)</sup>  | 6751 | 6892 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(a)(e)</sup>  | 10115 | 10209 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.59% 8/15/2029 <sup>(a)(e)</sup>  | 1103 | 1111 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(a)(e)</sup>  | 11884 | 11967 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class C, 5.41% 9/15/2031 <sup>(a)(e)</sup>  | 394 | 397 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class D, 5.80% 9/15/2031 <sup>(a)(e)</sup>  | 805 | 812 |
| World Financial Network Credit Card Master Trust, Series 2023-A, Class A, 5.02% 3/15/2030 <sup>(a)</sup>  | 6414 | 6449 |
| World Financial Network Credit Card Master Trust, Series 2024-A, Class A, 5.47% 2/17/2031 <sup>(a)</sup>  | 8630 | 8821 |
| World Financial Network Credit Card Master Trust, Series 2024-B, Class A, 4.62% 5/15/2031 <sup>(a)</sup>  | 21381 | 21600 |
|  |  | 179563 |
| **Student loan 0.64%** | **Student loan 0.64%** | **Student loan 0.64%** |
| First National Master Note Trust, Series 2025-1, Class A, 4.85% 2/15/2030 <sup>(a)</sup>  | 13375 | 13654 |
| Navient Education Loan Trust, Series 2025-A, Class A, 5.02% 7/15/2055 <sup>(a)(e)</sup>  | 7342 | 7452 |
| Navient Student Loan Trust, Series 2021-A, Class A, 0.84% 5/15/2069 <sup>(a)(e)</sup>  | 2192 | 2003 |
| Navient Student Loan Trust, Series 2021-B, Class A, 0.94% 7/15/2069 <sup>(a)(e)</sup>  | 1238 | 1135 |
| Navient Student Loan Trust, Series 2021-CA, Class A, 1.06% 10/15/2069 <sup>(a)(e)</sup>  | 9702 | 8873 |
| Navient Student Loan Trust, Series 2021-EA, Class A, 0.97% 12/16/2069 <sup>(a)(e)</sup>  | 3894 | 3512 |
| Navient Student Loan Trust, Series 2021-FA, Class A, 1.11% 2/18/2070 <sup>(a)(e)</sup>  | 6122 | 5483 |
| Navient Student Loan Trust, Series 2021-G, Class A, 1.58% 4/15/2070 <sup>(a)(e)</sup>  | 16772 | 15188 |
| Nelnet Student Loan Trust, Series 2025-AA, Class A1A, 5.07% 3/15/2057 <sup>(a)(e)</sup>  | 16830 | 17116 |
| Nelnet Student Loan Trust, Series 2021-CA, Class AFX, 1.32% 4/20/2062 <sup>(a)(e)</sup>  | 14902 | 13952 |
| Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36% 4/20/2062 <sup>(a)(e)</sup>  | 16521 | 15587 |
| Nelnet Student Loan Trust, Series 2021-B, Class AFX, 1.42% 4/20/2062 <sup>(a)(e)</sup>  | 44147 | 41697 |
| Nelnet Student Loan Trust, Series 2021-CA, Class AFL, (1-month USD CME Term SOFR + 0.854%) 5.195% <br> 4/20/2062 <sup>(a)(c)(e)</sup>  | 11296 | 11273 |
| Prodigy Finance DAC, Series 2021-1A, Class A, (1-month USD CME Term SOFR + 1.364%) 5.696% <br>7/25/2051 <sup>(a)(c)(e)</sup>  | 1076 | 1076 |
| SMB Private Education Loan Trust, Series 2023-C, Class A1B, (30-day Average USD-SOFR + 1.55%) 5.893% <br> 11/15/2052 <sup>(a)(c)(e)</sup>  | 1922 | 1943 |
| SMB Private Education Loan Trust, Series 2021-A, Class APT2, 1.07% 1/15/2053 <sup>(a)(e)</sup>  | 4668 | 4258 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(a)(e)</sup>  | 6913 | 7064 |
|  |  | 171266 |
| **Home equity 0.00%** | **Home equity 0.00%** | **Home equity 0.00%** |
| Option One Mortgage Loan Trust, Series 2007-FXD2, Class IIA6, 5.68% 3/25/2037 <sup>(a)</sup>  | 144 | 128 |
| Option One Mortgage Loan Trust, Series 2007-FXD2, Class IIA3, 5.715% 3/25/2037 <sup>(a)</sup>  | 1461 | 1295 |
|  |  | 1423 |
| **Total asset-backed obligations** |  | 3502968 |
| **Bonds & notes of governments & government agencies outside the U.S. 0.96%** | **Bonds & notes of governments & government agencies outside the U.S. 0.96%** | **Bonds & notes of governments & government agencies outside the U.S. 0.96%** |
| **Canada 0.43%** | **Canada 0.43%** | **Canada 0.43%** |
| CPPIB Capital, Inc. (USD-SOFR + 1.25%) 4.34% 3/11/2026 <sup>(c)(e)</sup>  | 9893 | 9947 |
| CPPIB Capital, Inc. 0.875% 9/9/2026 <sup>(e)</sup>  | 12181 | 11814 |
| OMERS Finance Trust 3.50% 4/19/2032 <sup>(e)</sup>  | 2494 | 2393 |
| Ontario (Province of) 3.90% 9/4/2030  | 11889 | 11909 |
| Ontario Teachers' Finance Trust 0.875% 9/21/2026 <sup>(e)</sup>  | 23131 | 22404 |
| Ontario Teachers' Finance Trust 3.00% 4/13/2027 <sup>(e)</sup>  | 31138 | 30692 |
| Ontario Teachers' Finance Trust 2.00% 4/16/2031 <sup>(e)</sup>  | 5070 | 4564 |
| PSP Capital, Inc. 1.625% 10/26/2028 <sup>(e)</sup>  | 12052 | 11297 |
| Saskatchewan (Province of) 3.25% 6/8/2027  | 10528 | 10401 |
|  |  | 115421 |

---

---

| | |
|:---|:---|
| **44** | Intermediate Bond Fund of America |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Bonds & notes of governments & government agencies outside the U.S. (continued)** | **Bonds & notes of governments & government agencies outside the U.S. (continued)** | **Bonds & notes of governments & government agencies outside the U.S. (continued)** |
| **Supra National 0.22%** | **Supra National 0.22%** | **Supra National 0.22%** |
| Asian Development Bank 2.50% 11/2/2027  | USD2,787 | $2720 |
| Corporacion Andina de Fomento 5.00% 1/24/2029  | 10024 | 10350 |
| European Investment Bank 0.75% 10/26/2026  | 10357 | 10002 |
| European Investment Bank 4.00% 2/15/2029  | 6351 | 6427 |
| Inter-American Development Bank 4.50% 5/15/2026  | 8404 | 8433 |
| Inter-American Development Bank 1.125% 7/20/2028  | 1 | 1 |
| International Development Assn. 0.375% 9/23/2025 <sup>(e)</sup>  | 20000 | 19955 |
|  |  | 57888 |
| **Norway 0.09%** | **Norway 0.09%** | **Norway 0.09%** |
| Kommunalbanken 0.375% 9/11/2025 <sup>(e)</sup>  | 25000 | 24976 |
| **Japan 0.08%** | **Japan 0.08%** | **Japan 0.08%** |
| Development Bank of Japan, Inc. 1.25% 10/20/2026 <sup>(e)</sup>  | 6158 | 5972 |
| Development Bank of Japan, Inc. 1.75% 10/20/2031 <sup>(e)</sup>  | 2296 | 2007 |
| Japan Bank for International Cooperation 4.25% 1/26/2026  | 9562 | 9563 |
| Japan Bank for International Cooperation 1.875% 4/15/2031  | 4918 | 4406 |
|  |  | 21948 |
| **Mexico 0.05%** | **Mexico 0.05%** | **Mexico 0.05%** |
| United Mexican States 6.00% 5/13/2030  | 3205 | 3355 |
| United Mexican States 6.00% 5/7/2036  | 10000 | 10021 |
|  |  | 13376 |
| **France 0.04%** | **France 0.04%** | **France 0.04%** |
| Caisse d'Amortissement de la Dette Sociale 0.375% 9/23/2025 <sup>(e)</sup>  | 10000 | 9976 |
| **Chile 0.03%** | **Chile 0.03%** | **Chile 0.03%** |
| Chile (Republic of) 4.85% 1/22/2029  | 6885 | 7038 |
| **Sweden 0.02%** | **Sweden 0.02%** | **Sweden 0.02%** |
| Sweden (Kingdom of) 4.375% 1/30/2026 <sup>(e)</sup>  | 6020 | 6027 |
| **Poland 0.00%** | **Poland 0.00%** | **Poland 0.00%** |
| Poland (Republic of) 3.25% 4/6/2026  | 472 | 469 |
| **Total bonds & notes of governments & government agencies outside the U.S.** |  | 257119 |
| **Municipals 0.12%** | **Municipals 0.12%** | **Municipals 0.12%** |
| **California 0.04%** | **California 0.04%** | **California 0.04%** |
| Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-A-1, <br> 2.532% 6/1/2028  | 11085 | 10547 |
| **Florida 0.03%** | **Florida 0.03%** | **Florida 0.03%** |
| Board of Administration Fin. Corp., Rev. Bonds, Series 2020-A, 1.705% 7/1/2027  | 3785 | 3637 |
| Board of Administration Fin. Corp., Rev. Bonds, Series 2020-A, 2.154% 7/1/2030  | 3805 | 3477 |
|  |  | 7114 |
| **New York 0.05%** | **New York 0.05%** | **New York 0.05%** |
| Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C, 1.748% <br> 3/15/2028 (escrowed to maturity)  | 15255 | 14508 |
| **Total municipals** |  | 32169 |

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **45** |

---

------

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Federal agency bonds & notes 0.07%** | **Federal agency bonds & notes 0.07%** | **Federal agency bonds & notes 0.07%** |
| Fannie Mae 0.875% 8/5/2030  | USD21,412 | $18694 |
| Tennessee Valley Authority 3.875% 3/15/2028  | 450 | 453 |
|  |  | 19147 |
| **Total bonds, notes & other debt instruments** (cost: $25,081,508,000) |  | 25086740 |
| Preferred securities 0.01% | Shares |  |
| **Financials 0.01%** | **Financials 0.01%** | **Financials 0.01%** |
| CoBank, ACB, Class E, 5.652% perpetual noncumulative preferred shares <sup>(c)(e)</sup>  | 4000 | 3260 |
| **Total preferred securities** (cost: $3,985,000) |  | 3260 |
| Short-term securities 11.25% |  |  |
| **Money market investments 11.25%** | **Money market investments 11.25%** | **Money market investments 11.25%** |
| Capital Group Central Cash Fund 4.29% <sup>(j)(k)</sup>  | 30253092 | 3025612 |
| **Total short-term securities** (cost: $3,025,005,000) | **Total short-term securities** (cost: $3,025,005,000) | 3025612 |
| Options purchased (equity style) 0.00% |  |  |
| Options purchased (equity style)\* |  | 1005 |
| **Total options purchased (equity style)** (cost: $6,563,000) |  | 1005 |
| **Total investment securities 104.53%** (cost: $28,117,061,000) |  | 28116617 |
| **Total options written (equity style)**<sup>†</sup> **0.00%** (premium received: $971,000) |  | (326)<br>|
| Other assets less liabilities (4.53)% |  | (1217684)<br>|
| **Net assets 100.00%** |  | $26898607 |

---

**\*Options purchased (equity style)**

------

**Options on futures** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exercise <br>price<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>8/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| **Call** |  |  |  |  |  |
| 3 Month SOFR Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9/12/2025 | USD96.12 | USD13,041,750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $652 |
| 3 Month SOFR Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9/12/2025 | 97.00 | 889500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22 |
| 3 Month SOFR Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9/12/2025 | 98.00 | 1439750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36 |
| 3 Month SOFR Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12/12/2025 | 98.00 | 1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $773 |
| **Put** |  |  |  |  |  |
| 10 Year U.S. Treasury Note Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9/5/2025 | USD112.00 | USD47,500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $67 |
| 3 Month SOFR Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12/12/2025 | 95.69 | 6612500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 165 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $232 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1005 |

---

---

| | |
|:---|:---|
| **46** | Intermediate Bond Fund of America |

---

------

<sup>†</sup>**Options written (equity style)**

------

**Options on futures** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exercise <br>price<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value at <br>8/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| **Call** |  |  |  |  |  |
| 3 Month SOFR Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9/12/2025 | USD96.25 | USD(13041750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(326)<br>|

---

**Futures contracts**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 8/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 3 Month SOFR Futures | Long | 10674 | 9/17/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD2,552,020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(1214)<br>|
| 3 Month SOFR Futures | Long | 25 | 3/18/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3 |
| 2 Year U.S. Treasury Note Futures | Long | 40064 | 1/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8354909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11291 |
| 5 Year U.S. Treasury Note Futures | Long | 61710 | 1/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6755317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25459 |
| 10 Year U.S. Treasury Note Futures | Long | 8321 | 12/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 936112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5548 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 12431 | 12/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1422184)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6989)<br>|
| 20 Year U.S. Treasury Note Futures | Short | 569 | 12/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (65008)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (89)<br>|
| 30 Year Ultra U.S. Treasury Bond Futures | Short | 2687 | 12/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (313203)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 821 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $34830 |

---

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | Expiration <br>date | &nbsp;&nbsp; Notional <br>amount <br>(000) | Value at <br>8/31/2025 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 8/31/2025 <br>(000) |
| Rate | &nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp; Payment <br>frequency<br>| Expiration <br>date | &nbsp;&nbsp; Notional <br>amount <br>(000) | Value at <br>8/31/2025 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 8/31/2025 <br>(000) |
| SOFR | Annual | 4.63358% | Annual | &nbsp;&nbsp; 10/31/2025 | USD9,601 | &nbsp;&nbsp; $(3)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(3)<br>|
| SOFR | Annual | 3.848% | Annual | &nbsp;&nbsp; 11/15/2026 | 9885 | &nbsp;&nbsp; (23)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (23)<br>|
| SOFR | Annual | 3.41338% | Annual | &nbsp;&nbsp; 6/30/2027 | 90846 | &nbsp;&nbsp; 20 | &nbsp;&nbsp; — | &nbsp;&nbsp; 20 |
| 2.665% | At maturity | U.S. Urban CPI | At maturity | &nbsp;&nbsp; 8/18/2030 | 33746 | &nbsp;&nbsp; (92)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (92)<br>|
| 2.625% | At maturity | U.S. Urban CPI | At maturity | &nbsp;&nbsp; 8/21/2030 | 47446 | &nbsp;&nbsp; (213)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (213)<br>|
| 2.625% | At maturity | U.S. Urban CPI | At maturity | &nbsp;&nbsp; 8/22/2030 | 33656 | &nbsp;&nbsp; (149)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (149)<br>|
| 2.6825% | At maturity | U.S. Urban CPI | At maturity | &nbsp;&nbsp; 8/27/2030 | 33560 | &nbsp;&nbsp; (50)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (50)<br>|
| 2.755% | At maturity | U.S. Urban CPI | At maturity | &nbsp;&nbsp; 8/29/2030 | 33600 | &nbsp;&nbsp; 67 | &nbsp;&nbsp; — | &nbsp;&nbsp; 67 |
| SOFR | Annual | 4.15% | Annual | &nbsp;&nbsp; 5/15/2033 | 7790 | &nbsp;&nbsp; (327)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (327)<br>|
| 4.0135% | Annual | SOFR | Annual | &nbsp;&nbsp; 8/21/2033 | 7300 | &nbsp;&nbsp; 237 | &nbsp;&nbsp; — | &nbsp;&nbsp; 237 |
| SOFR | Annual | 3.6038% | Annual | &nbsp;&nbsp; 1/8/2034 | 23050 | &nbsp;&nbsp; (46)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (46)<br>|
| SOFR | Annual | 3.41% | Annual | &nbsp;&nbsp; 7/28/2045 | 233400 | &nbsp;&nbsp; 21455 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21455 |
| SOFR | Annual | 3.045% | Annual | &nbsp;&nbsp; 7/27/2050 | 5800 | &nbsp;&nbsp; 964 | &nbsp;&nbsp; — | &nbsp;&nbsp; 964 |
|  |  |  |  |  |  | &nbsp;&nbsp; $21840 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $21840 |

---

**Credit default swaps** 

**Centrally cleared credit default swaps on credit indices — buy protection** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Reference <br>index<br>| &nbsp;&nbsp;&nbsp;&nbsp; Financing <br>rate paid<br>| &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>8/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 8/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| CDX.NA.IG.44 | 1.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | USD320,102 | &nbsp;&nbsp;&nbsp;&nbsp; $(6910)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(3934)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(2976)<br>|

---

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **47** |

---

------

**Investments in affiliates** <sup>(k)</sup>

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>9/1/2024 <br>(000)<br>| Additions <br>(000)<br>| Reductions <br>(000)<br>| Net <br>realized <br>gain (loss) <br>(000)<br>| Net <br>unrealized <br>appreciation <br>(depreciation) <br>(000)<br>| Value at <br>8/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 11.25%** |  |  |  |  |  |  |  |
| **Money market investments 11.25%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.29% <sup>(j)</sup>  | $2930778 | &nbsp;&nbsp; $9307230 | &nbsp;&nbsp; $9212356 | &nbsp;&nbsp; $318 | &nbsp;&nbsp; $(358)<br>| &nbsp;&nbsp; $3025612 | &nbsp;&nbsp; $123088 |

---

**Restricted securities** <sup>(i)</sup>

------

---

| | | | |
|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>|
| Octagon Investment Partners, Ltd., CLO, Series 2018-18X, Class A1A, <br> (3-month USD CME Term SOFR + 1.222%) 5.539% 4/16/2031 <sup>(a)(c)</sup> <br>| 10/28/2022 | $298 | $302<br> 0.00 %<sup>(l)</sup><br>|

---

<sup>(a)</sup> Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.

<sup>(b)</sup> Amount less than one thousand.

<sup>(c)</sup> Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. 

<sup>(d)</sup> Represents securities transacted on a TBA basis.

<sup>(e)</sup> Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(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 $5,517,329,000, which represented 20.51% of the net assets of the fund. 

<sup>(f)</sup> Step bond; coupon rate may change at a later date.

<sup>(g)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $142,770,000, which represented 0.53% of the net assets of the fund. 

<sup>(h)</sup> Index-linked bond whose principal amount moves with a government price index. 

<sup>(i)</sup> Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933.

<sup>(j)</sup> Rate represents the seven-day yield at 8/31/2025.

<sup>(k)</sup> Part of the same "group of investment companies" as the fund as defined under the Investment Company Act of 1940, as amended.

<sup>(l)</sup> Amount less than 0.01%.

---

| |
|:---|
| **Key to abbreviation(s)** |
| Assn. = Association |
| Auth. = Authority |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| CMO = Collateralized Mortgage Obligations |
| CPI = Consumer Price Index |
| DAC = Designated Activity Company |

---

---

| |
|:---|
| Fin. = Finance |
| Rev. = Revenue |
| SOFR = Secured Overnight Financing Rate |
| TBA = To be announced |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **48** | Intermediate Bond Fund of America |

---

------

Financial statements

**Statement of assets and liabilities** at August 31, 2025

------

(dollars in thousands)

---

| | | |
|:---|:---|:---|
| **Assets:** |  |  |
| Investment securities, at value: |  |  |
| Unaffiliated issuers (cost: $25,092,056) | $25091005 |  |
| Affiliated issuers (cost: $3,025,005) | 3025612 | $28116617 |
| Cash |  | 353 |
| Cash collateral pledged for futures contracts |  | 1 |
| Receivables for: |  |  |
| Sales of investments | 1419212 |  |
| Sales of fund's shares | 25293 |  |
| Dividends and interest | 168833 |  |
| Variation margin on futures contracts | 6198 |  |
| Variation margin on centrally cleared swap contracts | 1427 | 1620963<br>|
|  |  | 29737934 |
| **Liabilities:** |  |  |
| Options written, at value (premium received: $971) |  | 326 |
| Payables for: |  |  |
| Purchases of investments | 2808079 |  |
| Repurchases of fund's shares | 19978 |  |
| Dividends on fund's shares | 843 |  |
| Investment advisory services | 4930 |  |
| Services provided by related parties | 3030 |  |
| Trustees' deferred compensation | 607 |  |
| Variation margin on futures contracts | 1267 |  |
| Variation margin on centrally cleared swap contracts | 212 |  |
| Other | 55 | 2839001<br>|
| **Net assets at August 31, 2025** |  | $26898607 |
| **Net assets consist of:** |  |  |
| Capital paid in on shares of beneficial interest |  | $29025115 |
| Total distributable earnings (accumulated loss) |  | (2126508) <br>|
| **Net assets at August 31, 2025** |  | $26898607 |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **49** |

---

------

Financial statements (continued)

**Statement of assets and liabilities** at August 31, 2025 (continued)

------

(dollars and shares in thousands, except per-share amounts)

**Shares of beneficial interest issued and outstanding (no stated par value) —**

**unlimited shares authorized (2,114,227 total shares outstanding)** 

---

| | | | |
|:---|:---|:---|:---|
|  | Net assets | Shares <br>outstanding<br>| Net asset value <br>per share<br>|
| Class A | $8844394 | 695111 | $12.72 |
| Class C | 30365 | 2391 | 12.70 |
| Class T | 10 | 1 | 12.72 |
| Class F-1 | 80535 | 6329 | 12.72 |
| Class F-2 | 2269586 | 178378 | 12.72 |
| Class F-3 | 1746329 | 137304 | 12.72 |
| Class 529-A | 386669 | 30389 | 12.72 |
| Class 529-C | 6036 | 476 | 12.69 |
| Class 529-E | 10083 | 792 | 12.72 |
| Class 529-T | 12 | 1 | 12.72 |
| Class 529-F-1 | 11 | 1 | 12.72 |
| Class 529-F-2 | 122334 | 9613 | 12.73 |
| Class 529-F-3 | 79 | 6 | 12.72 |
| Class R-1 | 5164 | 407 | 12.70 |
| Class R-2 | 67263 | 5297 | 12.70 |
| Class R-2E | 7797 | 613 | 12.71 |
| Class R-3 | 107449 | 8445 | 12.72 |
| Class R-4 | 94206 | 7403 | 12.72 |
| Class R-5E | 17161 | 1349 | 12.72 |
| Class R-5 | 22254 | 1749 | 12.73 |
| Class R-6 | 13080870 | 1028172 | 12.72 |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **50** | Intermediate Bond Fund of America |

---

------

Financial statements (continued)

**Statement of operations** for the year ended August 31, 2025

------

(dollars in thousands)

---

| | | |
|:---|:---|:---|
| **Investment income:** |  |  |
| Income: |  |  |
| Interest from unaffiliated issuers | $1064532 |  |
| Dividends (includes $123,088 from affiliates) | 123334 | $1187866 |
| Fees and expenses\*: |  |  |
| Investment advisory services | 61271 |  |
| Distribution services | 29030 |  |
| Transfer agent services | 13176 |  |
| Administrative services | 7665 |  |
| 529 plan services | 279 |  |
| Reports to shareholders | 585 |  |
| Registration statement and prospectus | 513 |  |
| Trustees' compensation | 177 |  |
| Auditing and legal | 41 |  |
| Custodian | 59 |  |
| Other | 35 |  |
| Total fees and expenses before waivers and/or reimbursements | 112831 |  |
| Less waivers and/or reimbursements of fees and expenses: |  |  |
| Investment advisory services waiver | 7952 |  |
| Total fees and expenses after waivers and/or reimbursements |  | 104879<br>|
| Net investment income |  | 1082987<br>|
| **Net realized gain (loss) and unrealized appreciation (depreciation):** |  |  |
| Net realized gain (loss) on: |  |  |
| Investments: |  |  |
| Unaffiliated issuers | 45387 |  |
| Affiliated issuers | 318 |  |
| Options written | 1250 |  |
| Futures contracts | (6406)<br>|  |
| Swap contracts | 1160 | 41709 |
| Net unrealized appreciation (depreciation) on: |  |  |
| Investments: |  |  |
| Unaffiliated issuers | 47098 |  |
| Affiliated issuers | (358)<br>|  |
| Options written | 429 |  |
| Futures contracts | 40125 |  |
| Swap contracts | 15133 | 102427<br>|
| Net realized gain (loss) and unrealized appreciation (depreciation) |  | 144136<br>|
| **Net increase (decrease) in net assets resulting from operations** |  | $1227123 |

---

\*

Additional information related to class-specific fees and expenses is included in the notes to financial statements.

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **51** |

---

------

Financial statements (continued)

**Statements of changes in net assets**

------

(dollars in thousands)

---

| | | |
|:---|:---|:---|
|  | **Year ended August 31,** | **Year ended August 31,** |
|  | **2025** | **2024** |
| **Operations:** |  |  |
| Net investment income | $1082987 | $1028594 |
| Net realized gain (loss) | 41709 | (58565)<br>|
| Net unrealized appreciation (depreciation) | 102427 | 725828 |
| Net increase (decrease) in net assets resulting from operations | 1227123 | 1695857 |
| **Distributions paid or accrued to shareholders** | (1074582)<br>| (987616)<br>|
| **Net capital share transactions** | 1693536 | 843562 |
| **Total increase (decrease) in net assets**  | 1846077 | 1551803 |
| **Net assets:** |  |  |
| Beginning of year | 25052530 | 23500727 |
| End of year | $26898607 | $25052530 |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **52** | Intermediate Bond Fund of America |

---

------

Notes to financial statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**1. Organization**

------

Intermediate Bond Fund of America (the "fund") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end, diversified management investment company. The fund seeks to provide current income consistent with the maturity and quality standards described in the prospectus, and preservation of capital.

The fund has 21 share classes consisting of six retail share classes (Classes A, C, T, F-1, F-2 and F-3), seven 529 college savings plan share classes (Classes 529-A, 529-C, 529-E, 529-T, 529-F-1, 529-F-2 and 529-F-3) and eight retirement plan share classes (Classes R-1, R-2, R-2E, R-3, R-4, R-5E, R-5 and R-6). The 529 college savings plan share classes can be used to save for college education. The retirement plan share classes are generally offered only through eligible employer-sponsored retirement plans. The fund's share classes are described further in the following table:

---

| | | | |
|:---|:---|:---|:---|
| **Share class** | **Initial sales charge** | &nbsp;&nbsp; **Contingent deferred sales charge upon** <br> **redemption**<br>| **Conversion feature** |
| Class A | Up to 2.50% | &nbsp;&nbsp; None (except 0.75% for certain <br> redemptions within 18 months of purchase <br> without an initial sales charge)<br>|  |
| Class 529-A | Up to 2.50% | &nbsp;&nbsp; None (except 1.00% for certain <br> redemptions within 18 months of purchase <br> without an initial sales charge)<br>|  |
| Classes C and 529-C |  | &nbsp;&nbsp; 1.00% for redemptions within one year of <br> purchase<br>| &nbsp;&nbsp; Class C converts to Class A <br> after eight years and Class 529-C <br> converts to Class 529-A after five years<br>|
| Class 529-E |  |  |  |
| Classes T and 529-T\* | Up to 2.50% |  |  |
| Classes F-1, F-2, F-3, 529-F-1, <br> 529-F-2 and 529-F-3<br>|  |  |  |
| Classes R-1, R-2, R-2E, R-3, R-4, <br> R-5E, R-5 and R-6<br>|  |  |  |

---

\*

Class T and 529-T shares are not available for purchase.

Holders of all share classes have equal pro rata rights to the assets, dividends and liquidation proceeds of the fund. Each share class has identical voting rights, except for the exclusive right to vote on matters affecting only its class. Share classes have different fees and expenses ("class-specific fees and expenses"), primarily due to different arrangements for distribution, transfer agent and administrative services. Differences in class-specific fees and expenses will result in differences in net investment income and, therefore, the payment of different per-share dividends by each share class.

**2. Significant accounting policies**

------

The fund is an investment company that applies the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board ("FASB"). The fund's financial statements have been prepared to comply with U.S. generally accepted accounting principles ("U.S. GAAP"). These principles require the fund's investment adviser to make estimates and assumptions that affect reported amounts and disclosures. Actual results could differ from those estimates. Subsequent events, if any, have been evaluated through the date of issuance in the preparation of the financial statements. The fund follows the significant accounting policies described in this section, as well as the valuation policies described in the next section on valuation.

**Operating segments** — The fund represents a single operating segment as the operating results of the fund are monitored as a whole and its long-term asset allocation is determined in accordance with the terms of its prospectus, based on defined investment objectives that are executed by the fund's portfolio management team. A senior executive team comprised of the fund's Principal Executive Officer and Principal Financial Officer, serves as the fund's chief operating decision maker ("CODM"), who act in accordance with Board of Trustee reviews and approvals. The CODM uses financial information, such as changes in net assets from operations, changes in net assets from fund share transactions, and income and expense ratios, consistent with that presented within the accompanying financial statements and financial highlights to assess the fund's profits and losses and to make resource allocation decisions. Segment assets are reflected in the statement of assets and liabilities as net assets, which consists primarily of investment securities, at value, and significant segment expenses are listed in the accompanying statement of operations.

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **53** |

---

------

**Security transactions and related investment income** — Security transactions are recorded by the fund as of the date the trades are executed with brokers. Realized gains and losses from security transactions are determined based on the specific identified cost of the securities. In the event a security is purchased with a delayed payment date, the fund will segregate liquid assets sufficient to meet its payment obligations. Dividend income is recognized on the ex-dividend date and interest income is recognized on an accrual basis. Market discounts, premiums and original issue discounts on fixed-income securities are amortized daily over the expected life of the security.

**Class allocations** — Income, fees and expenses (other than class-specific fees and expenses) are allocated daily among the various share classes based on the relative value of their settled shares. Realized gains and losses and unrealized appreciation and depreciation are allocated daily among the various share classes based on their relative net assets. Class-specific fees and expenses, such as distribution, transfer agent and administrative services, are charged directly to the respective share class.

**Distributions paid or accrued to shareholders** — Income dividends are declared daily after the determination of the fund's net investment income and are paid to shareholders monthly. Capital gain distributions are recorded on the ex-dividend date.

**New accounting pronouncements** — In December 2023, the FASB issued Accounting Standards Update 2023-09 ("the ASU"), Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which enhances income tax disclosures, including disclosure of income taxes paid disaggregated by jurisdiction. The ASU is effective for annual periods beginning after December 15, 2024, with early adoption permitted. Management is currently evaluating the ASU and its impact to the financial statements.

**3. Valuation**

------

Capital Research and Management Company ("CRMC"), the fund's investment adviser, values the fund's investments at fair value as defined by U.S. GAAP. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open.

**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, including depositary receipts, 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 evaluated prices obtained from third-party 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 | &nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing models <br> such as yield measures calculated using factors such as cash flows, financial <br> or collateral performance and other reference data (collectively referred to <br> as "standard inputs")<br>|
| 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 |
| Mortgage-backed; asset-backed obligations | &nbsp;&nbsp; Standard inputs and cash flows, prepayment information, default rates, <br> delinquency and loss assumptions, collateral characteristics, credit <br> enhancements and specific deal information<br>|
| Municipal securities | &nbsp;&nbsp; Standard inputs and, for certain distressed securities, cash flows or <br> liquidation values using a net present value calculation based on inputs that <br> include, but are not limited to, financial statements and debt contracts <br>|

---

---

| | |
|:---|:---|
| **54** | Intermediate Bond Fund of America |

---

------

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund's investment adviser. The Capital Group Central Cash Fund ("CCF"), a fund within the Capital Group Central Fund Series ("Central Funds"), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF's portfolio securities. The underlying securities are valued based on the policies and procedures in CCF's statement of additional information. Exchange-traded options and futures are generally valued at the official closing price for options and official settlement price for futures on the exchange or market on which such instruments are traded, as of the close of business on the day such instruments are being valued. Swaps are generally valued using evaluated prices obtained from third-party pricing vendors who calculate these values based on market inputs that may include the yields of the indices referenced in the instrument and the relevant curve, dealer quotes, default probabilities and recovery rates, and terms of the contract.

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 the fund's investment adviser and approved by the 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, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, 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 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 designated 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 "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports 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.

**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 fund's valuation levels as of August 31, 2025, were as follows (dollars in thousands):

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **55** |

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| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Mortgage-backed obligations | $— | $9924381 | $— | $9924381 |
| U.S. Treasury bonds & notes |  | 7392983 |  | 7392983 |
| Corporate bonds, notes & loans |  | 3957973 |  | 3957973 |
| Asset-backed obligations |  | 3502968 |  | 3502968 |
| Bonds & notes of governments & government agencies <br> outside the U.S.<br>|  | 257119 |  | 257119 |
| Municipals |  | 32169 |  | 32169 |
| Federal agency bonds & notes |  | 19147 |  | 19147 |
| Preferred securities  |  | 3260 |  | 3260 |
| Short-term securities  | 3025612 |  |  | 3025612 |
| Options purchased on futures (equity style) | 1005 |  |  | 1005 |
| Total | $3026617 | $25090000 | $— | $28116617 |

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---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts | $43122 | $— | $— | $43122 |
| Unrealized appreciation on centrally cleared interest rate swaps |  | 22743 |  | 22743 |
| Liabilities: |  |  |  |  |
| Value of options written (equity style) | (326)<br>|  |  | (326)<br>|
| Unrealized depreciation on futures contracts | (8292)<br>|  |  | (8292)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps |  | (903)<br>|  | (903)<br>|
| Unrealized depreciation on centrally cleared credit default swaps |  | (2976)<br>|  | (2976)<br>|
| Total  | $34504 | $18864 | $— | $53368 |

---

\*

Options written, futures contracts, interest rate swaps and credit default swaps are not included in the fund's investment portfolio.

**4. Risk factors**

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Investing in the fund may involve certain risks including, but not limited to, those described below.

**Market conditions** — The prices of, and the income generated by, the securities held by the fund may decline - sometimes rapidly or unpredictably - due to various factors, including events or conditions affecting the general economy or particular industries or companies; overall market changes; local, regional or global political, social or economic instability; governmental, governmental agency or central bank responses to economic conditions; levels of public debt and deficits; changes in inflation rates; and currency exchange rate, interest rate and commodity price fluctuations.

Economies and financial markets throughout the world are highly interconnected. Economic, financial or political events, trading and tariff arrangements, wars, terrorism, cybersecurity events, natural disasters, public health emergencies (such as the spread of infectious disease), bank failures and other circumstances in one country or region, including actions taken by governmental or quasi-governmental authorities in response to any of the foregoing, could have impacts on global economies or markets. As a result, whether or not the fund invests in securities of issuers located in or with significant exposure to the countries affected, the value and liquidity of the fund's investments may be negatively affected by developments in other countries and regions.

**Issuer risks** — The prices of, and the income generated by, securities held by the fund may decline in response to various factors directly related to the issuers of such securities, including reduced demand for an issuer's goods or services, poor management performance, major litigation, investigations or other controversies related to the issuer, changes in the issuer's financial condition or credit rating, changes in government regulations affecting the issuer or its competitive environment and strategic initiatives such as mergers, acquisitions or dispositions and the market response to any such initiatives. An individual security may also be affected by factors relating to the industry or sector of the issuer or the securities markets as a whole, and conversely an industry or sector or the securities markets may be affected by a change in financial condition or other event affecting a single issuer.

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| | |
|:---|:---|
| **56** | Intermediate Bond Fund of America |

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------

**Investing in debt instruments** — The prices of, and the income generated by, bonds and other debt securities held by the fund may be affected by factors such as the interest rates, maturities and credit quality of these securities.

Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Also, when interest rates rise, issuers of debt securities that may be prepaid at any time, such as mortgage- or other asset-backed securities, are less likely to refinance existing debt securities, causing the average life of such securities to extend. A general change in interest rates may cause investors to sell debt securities on a large scale, which could also adversely affect the price and liquidity of debt securities and could also result in increased redemptions from the fund. Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in the fund having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greater sensitivity to changes in interest rates and may be subject to greater price fluctuations than shorter maturity debt securities.

Bonds and other debt securities are also subject to credit risk, which is the possibility that the credit strength of an issuer or guarantor will weaken or be perceived to be weaker, and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Changes in actual or perceived creditworthiness may occur quickly. A downgrade or default affecting any of the fund's securities could cause the value of the fund's shares to decrease. Lower quality debt securities generally have higher rates of interest and may be subject to greater price fluctuations than higher quality debt securities. Credit risk is gauged, in part, by the credit ratings of the debt securities in which the fund invests. However, ratings are only the opinions of the rating agencies issuing them and are not guarantees as to credit quality or an evaluation of market risk. The fund's investment adviser relies on its own credit analysts to research issuers and issues in assessing credit and default risks.

**Investing in mortgage-related and other asset-backed securities** — Mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, include debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. While such securities are subject to the risks associated with investments in debt instruments generally (for example, credit, extension and interest rate risks), they are also subject to other and different risks. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt, potentially increasing the volatility of the securities and the fund's net asset value. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund's income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund's cash available for reinvestment in higher yielding securities. Mortgage-backed securities are also subject to the risk that underlying borrowers will be unable to meet their obligations and the value of property that secures the mortgages may decline in value and be insufficient, upon foreclosure, to repay the associated loans. Investments in asset-backed securities are subject to similar risks.

**Investing in securities backed by the U.S. government** — U.S. government securities are subject to market risk, interest rate risk and credit risk. Securities backed by the U.S. Treasury or the full faith and credit of the U.S. government are guaranteed only as to the timely payment of interest and principal when held to maturity. Accordingly, the current market values for these securities will fluctuate with changes in interest rates and the credit rating of the U.S. government. Notwithstanding that these securities are backed by the full faith and credit of the U.S. government, circumstances could arise that would prevent or delay the payment of interest or principal on these securities, which could adversely affect their value and cause the fund to suffer losses. Such an event could lead to significant disruptions in U.S. and global markets.

Securities issued by U.S. government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government are neither issued nor guaranteed by the U.S. government.

**Liquidity risk** — Certain fund holdings may be or may become difficult or impossible to sell, particularly during times of market turmoil. Liquidity may be impacted by the lack of an active market for a holding, legal or contractual restrictions on resale, or the reduced number and capacity of market participants to make a market in such holding. Market prices for less liquid or illiquid holdings may be volatile or difficult to determine, and reduced liquidity may have an adverse impact on the market price of such holdings. Additionally, the sale of less liquid or illiquid holdings may involve substantial delays (including delays in settlement) and additional costs and the fund may be unable to sell such holdings when necessary to meet its liquidity needs or to try to limit losses, or may be forced to sell at a loss.

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **57** |

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**Investments in future delivery contracts** — The fund may enter into transactions involving future delivery contracts, such as to-be-announced (TBA) contracts and mortgage dollar rolls. These contracts involve the purchase or sale of mortgage-backed securities for settlement at a future date and predetermined price. When the fund enters into a TBA commitment for the sale of mortgage-backed securities (which may be referred to as having a short position in such TBA securities), the fund may or may not hold the types of mortgage-backed securities required to be delivered. The fund may choose to roll these transactions in lieu of settling them. When the fund rolls the purchase of these types of future delivery transactions, the fund simultaneously sells the mortgage backed securities for delivery in the current month and repurchases substantially similar securities for delivery at a future date at a predetermined price.

When the fund rolls the sale of these transactions rather than settling them, the fund simultaneously purchases the mortgage backed securities for delivery in the current month and sells substantially similar securities for delivery at a future date at a predetermined price. Such roll transactions can increase the turnover rate of the fund and may increase the risk that market prices may move unfavorably between the original and new contracts, potentially resulting in losses or reduced returns for the fund.

**Investing in inflation-linked bonds** — The values of inflation-linked bonds generally fluctuate in response to changes in real interest rates — i.e., rates of interest after factoring in inflation. A rise in real interest rates may cause the prices of inflation-linked securities to fall, while a decline in real interest rates may cause the prices to increase. Inflation-linked bonds may experience greater losses than other debt securities with similar durations when real interest rates rise faster than nominal interest rates. There can be no assurance that the value of an inflation-linked security will be directly correlated to changes in interest rates; for example, if interest rates rise for reasons other than inflation, the increase may not be reflected in the security's inflation measure.

Investing in inflation-linked bonds may also reduce the fund's distributable income during periods of deflation. If prices for goods and services decline throughout the economy, the principal and income on inflation-linked securities may decline and result in losses to the fund.

**Investing outside the U.S.** — Securities of issuers domiciled outside the U.S. or with significant operations or revenues outside the U.S., and securities tied economically to countries outside the U.S., may lose value because of adverse political, social, economic or market developments (including social instability, regional conflicts, terrorism and war) in the countries or regions in which the issuers are domiciled, operate or generate revenue or to which the securities are tied economically. These securities may also lose value due to changes in foreign currency exchange rates against the U.S. dollar and/or currencies of other countries. Issuers of these securities may be more susceptible to actions of foreign governments, such as nationalization, currency blockage or the imposition of price controls, sanctions, or punitive taxes, each of which could adversely impact the value of these securities. Securities markets in certain countries may be more volatile and/or less liquid than those in the U.S. Investments outside the U.S. may also be subject to different regulatory, legal, accounting, auditing, financial reporting and recordkeeping requirements, and may be more difficult to value, than those in the U.S. In addition, the value of investments outside the U.S. may be reduced by foreign taxes, including foreign withholding taxes on interest and dividends. Further, there may be increased risks of delayed settlement of securities purchased or sold by the fund, which could impact the liquidity of the fund's portfolio. The risks of investing outside the U.S. may be heightened in connection with investments in emerging markets.

**Investing in derivatives** — The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional securities, such as stocks and bonds. Changes in the value of a derivative may not correlate perfectly with, and may be more sensitive to market events than, the underlying asset, rate or index, and a derivative instrument may cause the fund to lose significantly more than its initial investment. Derivatives may be difficult to value, difficult for the fund to buy or sell at an opportune time or price and difficult, or even impossible, to terminate or otherwise offset. The fund's use of derivatives may result in losses to the fund, and investing in derivatives may reduce the fund's returns and increase the fund's price volatility. The fund's counterparty to a derivative transaction (including, if applicable, the fund's clearing broker, the derivatives exchange or the clearinghouse) may be unable or unwilling to honor its financial obligations in respect of the transaction. In certain cases, the fund may be hindered or delayed in exercising remedies against or closing out derivative instruments with a counterparty, which may result in additional losses. Derivatives are also subject to operational risk (such as documentation issues, settlement issues and systems failures) and legal risk (such as insufficient documentation, insufficient capacity or authority of a counterparty, and issues with the legality or enforceability of a contract).

**Management** — The investment adviser to the fund actively manages the fund's investments. Consequently, the fund is subject to the risk that the methods and analyses, including models, tools and data, employed by the investment adviser in this process may be flawed or incorrect and may not produce the desired results. This could cause the fund to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives.

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| | |
|:---|:---|
| **58** | Intermediate Bond Fund of America |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**5. Certain investment techniques**

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**Index-linked bonds** — The fund has invested in index-linked bonds, which are fixed-income securities whose principal value is periodically adjusted to a government price index. Over the life of an index-linked bond, interest is paid on the adjusted principal value. Increases or decreases in the principal value of index-linked bonds are recorded as interest income in the fund's statement of operations.

**Mortgage dollar rolls** — The fund has entered into mortgage dollar roll transactions of TBA securities in which the fund sells a TBA mortgage-backed security to a counterparty and simultaneously enters into an agreement with the same counterparty to buy back a similar TBA security on a specific future date at a predetermined price. Mortgage dollar rolls are accounted for as purchase and sale transactions and may result in an increase to the fund's portfolio turnover rate. Portfolio turnover rates excluding and including mortgage dollar rolls are presented at the end of the fund's financial highlights table.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Option contracts** — The fund has entered into option contracts, which give the purchaser of the option, in return for a premium payment, the right to buy from (in the case of a call) or sell to (in the case of a put) the writer of the option the reference instrument underlying the option (or the cash value of the instrument underlying the option) at a specified exercise price. The writer of an option on a security has the obligation, upon exercise of the option, to cash settle or deliver the underlying currency or instrument upon payment of the exercise price (in the case of a call) or to cash settle or take delivery of the underlying currency or instrument and pay the exercise price (in the case of a put).

By purchasing a put option, the fund obtains the right (but not the obligation) to sell the currency or instrument underlying the option (or to deliver the cash value of the instrument underlying the option) at a specified exercise price. In return for this right, the fund pays the current market price, or the option premium, for the option. The fund may terminate its position in a put option by allowing the option to expire or by exercising the option. If the option is allowed to expire, the fund will lose the entire amount of the premium paid. If the option is exercised, the fund completes the sale of the underlying instrument (or cash settles) at the exercise price. The fund may also terminate a put option position by entering into opposing close-out transactions in advance of the option expiration date.

The features of call options are essentially the same as those of put options, except that the purchaser of a call option obtains the right (but not the obligation) to purchase, rather than sell, the underlying currency or instrument (or cash settle) at the specified exercise price. The buyer of a call option typically attempts to participate in potential price increases of the underlying currency or instrument with risk limited to the cost of the option if the price of the underlying currency or instrument falls. At the same time, the call option buyer can expect to suffer a loss if the price of the underlying currency or instrument does not rise sufficiently to offset the cost of the option.

The writer of a put or call option takes the opposite side of the transaction from the option purchaser. In return for receipt of the option premium, the writer assumes the obligation to pay or receive the exercise price for the option's underlying currency or instrument if the other party to the option chooses to exercise it. The writer may seek to terminate a position in a put option before exercise by entering into opposing close-out transactions in advance of the option expiration date. If the market for the relevant put option is not liquid, however, the writer must be prepared to pay the exercise price while the option is outstanding, regardless of price changes. Writing a call option obligates the writer to, upon exercise of the option, deliver the option's underlying currency or instrument in return for the exercise price or to make a net cash settlement payment, as applicable. The characteristics of writing call options are similar to those of writing put options, except that writing call options is generally a profitable strategy if prices remain the same or fall. The potential gain for the option seller in such a transaction would be capped at the premium received.

Option contracts can be either equity style (premium is paid in full when the option is opened) or futures style (premium moves as part of variation margin over the life of the option, and is paid in full when the option is closed). For equity style options, premiums paid on options purchased, as well as the daily fluctuation in market value, are included in investment securities in the fund's statement of asset and liabilities, and premiums received on options written, as well as the daily fluctuation in market value, are included in options written at value in the fund's statement of assets and liabilities. The net realized gains or losses and net unrealized appreciation or depreciation from equity style options are recorded in investments for purchased options and in options written for written options in the fund's statement of operations and statements of changes in net assets.

Option contracts can take different forms. The fund has entered into the following types of option contracts:

**Options on futures** — The fund has entered into options on futures contracts to seek to manage the fund's interest rate sensitivity by increasing or decreasing the duration of the fund or a portion of the fund's portfolio. An option on a futures contract gives the holder of the option the right to buy or sell a position in a futures contract from or to the writer of the option, at a specified price on or before the specified expiration date. The average month-end notional amount of options on futures while held was $7,331,279,000.

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **59** |

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**Futures contracts** — The fund has entered into futures contracts, which provide for the future sale by one party and purchase by another party of a specified amount of a specific financial instrument for a specified price, date, time and place designated at the time the contract is made. Futures contracts are used to strategically manage the fund's interest rate sensitivity by increasing or decreasing the duration of the fund or a portion of the fund's portfolio.

Upon entering into futures contracts, and to maintain the fund's open positions in futures contracts, the fund is required to deposit with a futures broker, known as a futures commission merchant ("FCM"), in a segregated account in the name of the FCM an amount of cash, U.S. government securities or other liquid securities, known as initial margin. The margin required for a particular futures contract is set by the exchange on which the contract is traded to serve as collateral, and may be significantly modified from time to time by the exchange during the term of the contract.

On a daily basis, the fund pays or receives variation margin based on the increase or decrease in the value of the futures contracts and records variation margin on futures contracts in the statement of assets and liabilities. Futures contracts may involve a risk of loss in excess of the variation margin shown on the fund's statement of assets and liabilities. The fund records realized gains or losses at the time the futures contract is closed or expires. Net realized gains or losses and net unrealized appreciation or depreciation from futures contracts are recorded in the fund's statement of operations. The average month-end notional amount of futures contracts while held was $21,158,314,000.

**Swap contracts** — The fund has entered into swap agreements, which are two-party contracts entered into primarily by institutional investors for a specified time period. In a typical swap transaction, two parties agree to exchange the returns earned or realized from one or more underlying assets or rates of return. Swap agreements can be traded on a swap execution facility (SEF) and cleared through a central clearinghouse (cleared), traded over-the-counter (OTC) and cleared, or traded bilaterally and not cleared. Because clearing interposes a central clearinghouse as the ultimate counterparty to each participant's swap, and margin is required to be exchanged under the rules of the clearinghouse, central clearing is intended to decrease (but not eliminate) counterparty risk relative to uncleared bilateral swaps. To the extent the fund enters into bilaterally negotiated swap transactions, the fund will enter into swap agreements only with counterparties that meet certain credit standards and subject to agreed collateralized procedures. The term of a swap can be days, months or years and certain swaps may be less liquid than others.

Upon entering into a centrally cleared swap contract, the fund is required to deposit cash, U.S. government securities or other liquid securities, which is known as initial margin. Generally, the initial margin required for a particular swap is set and held as collateral by the clearinghouse on which the contract is cleared. The amount of initial margin required may be significantly modified from time to time by the clearinghouse during the term of the contract.

On a daily basis, interest accruals related to the exchange of future payments are recorded as a receivable and payable in the fund's statement of assets and liabilities for centrally cleared swaps and as unrealized appreciation or depreciation in the fund's statement of assets and liabilities for bilateral swaps. For centrally cleared swaps, the fund also pays or receives a variation margin based on the increase or decrease in the value of the swaps, including accrued interest as applicable, and records variation margin in the statement of assets and liabilities. The fund records realized gains and losses on both the net accrued interest and any gain or loss recognized at the time the swap is closed or expires. Net realized gains or losses, as well as any net unrealized appreciation or depreciation, from swaps are recorded in the fund's statement of operations.

Swap agreements can take different forms. The fund has entered into the following types of swap agreements:

**Interest rate swaps** — The fund has entered into interest rate swaps, which seek to manage the interest rate sensitivity of the fund by increasing or decreasing the duration of the fund or a portion of the fund's portfolio. An interest rate swap is an agreement between two parties to exchange or swap payments based on changes in an interest rate or rates. Typically, one interest rate is fixed and the other is variable based on a designated short-term interest rate such as the Secured Overnight Financing Rate (SOFR), prime rate or other benchmark, or on an inflation index such as the U.S. Consumer Price Index (which is a measure that examines the weighted average of prices of a basket of consumer goods and services and measures changes in the purchasing power of the U.S. dollar and the rate of inflation). In other types of interest rate swaps, known as basis swaps, the parties agree to swap variable interest rates based on different designated short-term interest rates. Interest rate swaps generally do not involve the delivery of securities or other principal amounts. Rather, cash payments are exchanged by the parties based on the application of the designated interest rates to a notional amount, which is the predetermined dollar principal of the trade upon which payment obligations are computed. Accordingly, the fund's current obligation or right under the swap agreement is generally equal to the net amount to be paid or received under the swap agreement based on the relative value of the position held by each party. The average month-end notional amount of interest rate swaps while held was $867,367,000.

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| | |
|:---|:---|
| **60** | Intermediate Bond Fund of America |

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**Credit default swap indices** — The fund has entered into centrally cleared credit default swap indices, including CDX and iTraxx indices (collectively referred to as "CDSI"), in order to assume exposure to a diversified portfolio of credits or to hedge against existing credit risks. A CDSI is based on a portfolio of credit default swaps with similar characteristics, such as credit default swaps on high-yield bonds. In a typical CDSI transaction, one party (the protection buyer) is obligated to pay the other party (the protection seller) a stream of periodic payments over the term of the contract. If a credit event, such as a default or restructuring, occurs with respect to any of the underlying reference obligations, the protection seller must pay the protection buyer the loss on those credits.

The fund may enter into a CDSI transaction as either protection buyer or protection seller. If the fund is a protection buyer, it would pay the counterparty a periodic stream of payments over the term of the contract and would not recover any of those payments if no credit events were to occur with respect to any of the underlying reference obligations. However, if a credit event did occur, the fund, as a protection buyer, would have the right to deliver the referenced debt obligations or a specified amount of cash, depending on the terms of the applicable agreement, and to receive the par value of such debt obligations from the counterparty protection seller. As a protection seller, the fund would receive fixed payments throughout the term of the contract if no credit events were to occur with respect to any of the underlying reference obligations. If a credit event were to occur, however, the value of any deliverable obligation received by the fund, coupled with the periodic payments previously received by the fund, may be less than the full notional value that the fund, as a protection seller, pays to the counterparty protection buyer, effectively resulting in a loss of value to the fund. Furthermore, as a protection seller, the fund would effectively add leverage to its portfolio because it would have investment exposure to the notional amount of the swap transaction. The average month-end notional amount of credit default swaps while held was $237,725,000.

The following tables identify the location and fair value amounts on the fund's statement of assets and liabilities and the effect on the fund's statement of operations resulting from the fund's use of option contracts, futures contracts, interest rate swaps and credit default swaps as of, or for the year ended, August 31, 2025 (dollars in thousands):

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Options purchased <br> (equity style)<br>| Interest | Investment securities | $1005 | Investment securities | $— |
| Options written <br> (equity style)<br>| Interest | Options written, at value |  | Options written, at value | 326 |
| Futures | Interest | Unrealized appreciation\* | 43122 | Unrealized depreciation\* | 8292 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 22743 | Unrealized depreciation\* | 903 |
| Swap (centrally <br> cleared)<br>| Credit | Unrealized appreciation\* |  | Unrealized depreciation\* | 2976 |
|  |  |  | $66870 |  | $12497 |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | **Location on statement of operations** | **Value** | **Location on statement of operations** | **Value** |
| Options purchased <br> (equity style)<br>| Interest | Net realized gain (loss) on investments | $(2267)<br>| &nbsp;&nbsp; Net unrealized appreciation (depreciation) <br> on investments<br>| $(6323)<br>|
| Options written <br> (equity style)<br>| Interest | Net realized gain (loss) on options written | 1250 | &nbsp;&nbsp; Net unrealized appreciation (depreciation) <br> on options written<br>| 429 |
| Futures | Interest | Net realized gain (loss) on futures contracts | (6406)<br>| &nbsp;&nbsp; Net unrealized appreciation (depreciation) <br> on futures contracts<br>| 40125 |
| Swap | Interest | Net realized gain (loss) on swap contracts | 3574 | &nbsp;&nbsp; Net unrealized appreciation (depreciation) <br> on swap contracts<br>| 18108 |
| Swap | Credit | Net realized gain (loss) on swap contracts | (2414)<br>| &nbsp;&nbsp; Net unrealized appreciation (depreciation) <br> on swap contracts<br>| (2975)<br>|
|  |  |  | $(6263)<br>|  | $49364 |

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\*

Includes cumulative appreciation/depreciation on futures contracts, centrally cleared interest rate swaps and centrally cleared credit default swaps as reported in the applicable tables following the fund's investment portfolio. Only current day's variation margin is reported within the fund's statement of assets and liabilities.

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **61** |

---

------

**Collateral** — The fund receives or pledges highly liquid assets, such as cash or U.S. government securities, as collateral due to its use of option contracts, futures contracts, interest rate swaps, credit default swaps and future delivery contracts. For options on futures, futures contracts, centrally cleared interest rate swaps and centrally cleared credit default swaps, the fund pledges collateral for initial and variation margin by contract. For future delivery contracts, the fund either receives or pledges collateral based on the net gain or loss on unsettled contracts by certain counterparties. The purpose of the collateral is to cover potential losses that could occur in the event that either party cannot meet its contractual obligation. Non-cash collateral pledged by the fund, if any, is disclosed in the fund's investment portfolio, and cash collateral pledged by the fund, if any, is held in a segregated account with the fund's custodian, which is reflected as pledged cash collateral in the fund's statement of assets and liabilities.

**6. Taxation and distributions**

------

**Federal income taxation** — The fund complies with the requirements under Subchapter M of the Internal Revenue Code applicable to regulated investment companies and intends to distribute substantially all of its net taxable income and net capital gains each year. The fund is not subject to income taxes to the extent such distributions are made. Therefore, no federal income tax provision is required.

As of and during the year ended August 31, 2025, the fund did not have a liability for any unrecognized tax benefits. The fund recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the statement of operations. During the year, the fund did not incur any significant interest or penalties.

The fund's tax returns are generally not subject to examination by federal, state and, if applicable, non-U.S. tax authorities after the expiration of each jurisdiction's statute of limitations, which is typically three years after the date of filing but can be extended in certain jurisdictions.

**Distributions** — Distributions determined on a tax basis may differ from net investment income and net realized gains for financial reporting purposes. These differences are due primarily to different treatment for items such as short-term capital gains and losses; capital losses related to sales of certain securities within 30 days of purchase; deferred expenses; cost of investments sold; net capital losses; amortization of premiums and discounts and income on certain investments. The fiscal year in which amounts are distributed may differ from the year in which the net investment income and net realized gains are recorded by the fund for financial reporting purposes.

During the year ended August 31, 2025, the fund reclassified $13,000 from total accumulated loss to capital paid in on shares of beneficial interest to align financial reporting with tax reporting.

As of August 31, 2025, the tax basis components of distributable earnings, unrealized appreciation (depreciation) and cost of investments were as follows (dollars in thousands):

---

| | |
|:---|:---|
| Undistributed ordinary income | $58407 |
| Capital loss carryforward\* | (2203691)<br>|
| Gross unrealized appreciation on investments | 289739 |
| Gross unrealized depreciation on investments | (267054)<br>|
| Net unrealized appreciation (depreciation) on investments | 22685 |
| Cost of investments | 28151234 |

---

\*

Reflects the utilization of capital loss carryforward of $83,235,000. The capital loss carryforward will be used to offset any capital gains realized by the fund in future years. The fund will not make distributions from capital gains while a capital loss carryforward remains.

---

| | |
|:---|:---|
| **62** | Intermediate Bond Fund of America |

---

------

Tax-basis distributions paid or accrued to shareholders from ordinary income were as follows (dollars in thousands):

---

| | | |
|:---|:---|:---|
| | **Year ended August 31,** | **Year ended August 31,** |
| <br>**Share class** | **2025** | **2024** |
| Class A | &nbsp;&nbsp; $345455 | $332654 |
| Class C | &nbsp;&nbsp; 944 | 933 |
| Class T | &nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class F-1 | &nbsp;&nbsp; 3427 | 4098 |
| Class F-2 | &nbsp;&nbsp; 94917 | 92175 |
| Class F-3 | &nbsp;&nbsp; 71549 | 64252 |
| Class 529-A | &nbsp;&nbsp; 15344 | 14971 |
| Class 529-C | &nbsp;&nbsp; 184 | 168 |
| Class 529-E | &nbsp;&nbsp; 398 | 422 |
| Class 529-T | &nbsp;&nbsp; 1 | — <br><sup>†</sup><br>|
| Class 529-F-1 | &nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-2 | &nbsp;&nbsp; 5010 | 4600 |
| Class 529-F-3 | &nbsp;&nbsp; 3 | — <br><sup>†</sup><br>|
| Class R-1 | &nbsp;&nbsp; 157 | 134 |
| Class R-2 | &nbsp;&nbsp; 2242 | 2261 |
| Class R-2E | &nbsp;&nbsp; 269 | 251 |
| Class R-3 | &nbsp;&nbsp; 4045 | 4037 |
| Class R-4 | &nbsp;&nbsp; 3759 | 3750 |
| Class R-5E | &nbsp;&nbsp; 688 | 594 |
| Class R-5 | &nbsp;&nbsp; 968 | 1042 |
| Class R-6 | &nbsp;&nbsp; 525222 | 461274 |
| Total | &nbsp;&nbsp; $1074582 | $987616 |

---

<sup>†</sup>

Amount less than one thousand.

**7. Fees and transactions with related parties**

------

CRMC, the fund's investment adviser, is the parent company of Capital Client Group, Inc. ("CCG"), the principal underwriter of the fund's shares, and American Funds Service Company® ("AFS"), the fund's transfer agent. CRMC, CCG and AFS are considered related parties to the fund.

**Investment advisory services** — The fund has an investment advisory and service agreement with CRMC that provides for monthly fees accrued daily. These fees are based on a series of decreasing annual rates beginning with 0.300% on the first $60 million of daily net assets and decreasing to 0.110% on such assets in excess of $36 billion. The agreement also provides for monthly fees, accrued daily, based on a series of decreasing rates beginning with 3.00% on the first $3,333,333 of the fund's monthly gross income and decreasing to 2.00% on such income in excess of $8,333,333. During the year ended August 31, 2025, CRMC waived investment advisory services fees of $7,952,000. CRMC does not intend to recoup this waiver. As a result, the fees shown on the fund's statement of operations of $61,271,000, which were equivalent to an annualized rate of 0.240% of average daily net assets, were reduced to $53,319,000, which were equivalent to an annualized rate of 0.209% of average daily net assets.

**Class-specific fees and expenses** — Expenses that are specific to individual share classes are accrued directly to the respective share class. The principal class-specific fees and expenses are further described below:

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **63** |

---

------

**Distribution services** — The fund has plans of distribution for all share classes, except Class F-2, F-3, 529-F-2, 529-F-3, R-5E, R-5 and R-6 shares. Under the plans, the board of trustees approves certain categories of expenses that are used to finance activities primarily intended to sell fund shares and service existing accounts. The plans provide for payments, based on an annualized percentage of average daily net assets, ranging from 0.30% to 1.00% as noted in this section. In some cases, the board of trustees has limited the amounts that may be paid to less than the maximum allowed by the plans. All share classes with a plan may use up to 0.25% of average daily net assets to pay service fees, or to compensate CCG for paying service fees, to firms that have entered into agreements with CCG to provide certain shareholder services. The remaining amounts available to be paid under each plan are paid to dealers to compensate them for their sales activities.

---

| | | |
|:---|:---|:---|
| **Share class** | **Currently approved limits** | **Plan limits** |
| Class A | 0.30<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.30<br> %<br>|
| Class 529-A | 0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50 |
| Classes C, 529-C and R-1 | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00 |
| Class R-2 | 0.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00 |
| Class R-2E | 0.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85 |
| Classes 529-E and R-3 | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75 |
| Classes T, F-1, 529-T, 529-F-1 and R-4 | 0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50 |

---

For Class A and 529-A shares, distribution-related expenses include the reimbursement of dealer and wholesaler commissions paid by CCG for certain shares sold without a sales charge. These share classes reimburse CCG for amounts billed within the prior 15 months but only to the extent that the overall annual expense limits are not exceeded. As of August 31, 2025, unreimbursed expenses subject to reimbursement totaled $834,000 for Class A shares. There were no unreimbursed expenses subject to reimbursement for Class 529-A shares.

**Transfer agent services** — The fund has a shareholder services agreement with AFS under which the fund compensates AFS for providing transfer agent services to each of the fund's share classes. These services include recordkeeping, shareholder communications and transaction processing. Under this agreement, the fund also pays sub-transfer agency fees to AFS. These fees are paid by AFS to third parties for performing transfer agent services on behalf of fund shareholders.

**Administrative services** — The fund has an administrative services agreement with CRMC under which the fund compensates CRMC for providing administrative services to all share classes. Administrative services are provided by CRMC and its affiliates to help assist third parties providing non-distribution services to fund shareholders. These services include providing in-depth information on the fund and market developments that impact fund investments. Administrative services also include, but are not limited to, coordinating, monitoring and overseeing third parties that provide services to fund shareholders. The agreement provides the fund the ability to charge an administrative services fee at the annual rate of 0.05% of the average daily net assets attributable to each share class of the fund. Currently the fund pays CRMC an administrative services fee at the annual rate of 0.03% of the average daily net assets attributable to each share class of the fund for CRMC's provision of administrative services.

---

| | |
|:---|:---|
| **64** | Intermediate Bond Fund of America |

---

------

**529 plan services** — Each 529 share class is subject to service fees to compensate the Commonwealth Savers Plan (formerly, Virginia529) for its oversight and administration of the CollegeAmerica 529 college savings plan. The fees are based on the combined net assets invested in Class 529 and ABLE shares of the American Funds. Class ABLE shares are offered on other American Funds by Commonwealth Savers Plan through ABLEAmerica®, a tax-advantaged savings program for individuals with disabilities. Commonwealth Savers Plan is not considered a related party to the fund.

The quarterly fees are based on a series of decreasing annual rates beginning with 0.09% on the first $20 billion of the combined net assets invested in the American Funds and decreasing to 0.03% on such assets in excess of $75 billion. The fees for any given calendar quarter are accrued and calculated on the basis of the average net assets of Class 529 and ABLE shares of the American Funds for the last month of the prior calendar quarter. For the year ended August 31, 2025, the 529 plan services fees were $279,000, which were equivalent to 0.054% of the average daily net assets of each 529 share class.

For the year ended August 31, 2025, class-specific expenses under the agreements were as follows (dollars in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Share class** | **Distribution** <br>**services**<br>| **Transfer agent** <br>**services**<br>| **Administrative** <br>**services**<br>| **529 plan** <br>**services**<br>|
| Class A | $26142 | $9389 | $2614 | Not applicable |
| Class C | 289 | 31 | 9 | Not applicable |
| Class T |  | —<br> \*<br>| —<br> \*<br>| Not applicable |
| Class F-1 | 214 | 159 | 26 | Not applicable |
| Class F-2 | Not applicable | 2581 | 669 | Not applicable |
| Class F-3 | Not applicable | 6 | 491 | Not applicable |
| Class 529-A | 902 | 398 | 116 | $207 |
| Class 529-C | 57 | 6 | 2 | 3 |
| Class 529-E | 52 | 3 | 3 | 6 |
| Class 529-T |  | —<br> \*<br>| —<br> \*<br>| —<br> \*<br>|
| Class 529-F-1 |  | —<br> \*<br>| —<br> \*<br>| —<br> \*<br>|
| Class 529-F-2 | Not applicable | 49 | 35 | 63 |
| Class 529-F-3 | Not applicable | —<br> \*<br>| —<br> \*<br>| —<br> \*<br>|
| Class R-1 | 48 | 3 | 1 | Not applicable |
| Class R-2 | 506 | 214 | 20 | Not applicable |
| Class R-2E | 45 | 13 | 2 | Not applicable |
| Class R-3 | 542 | 154 | 33 | Not applicable |
| Class R-4 | 233 | 90 | 28 | Not applicable |
| Class R-5E | Not applicable | 25 | 5 | Not applicable |
| Class R-5 | Not applicable | 12 | 7 | Not applicable |
| Class R-6 | Not applicable | 43 | 3604 | Not applicable |
| Total class-specific expenses | $29030 | $13176 | $7665 | $279 |

---

\*

Amount less than one thousand.

**Trustees' deferred compensation** — Trustees who are unaffiliated with CRMC may elect to defer the cash payment of part or all of their compensation. These deferred amounts, which remain as liabilities of the fund, are treated as if invested in shares of the fund or other American Funds. These amounts represent general, unsecured liabilities of the fund and vary according to the total returns of the selected funds. Trustees' compensation of $177,000 in the fund's statement of operations reflects $98,000 in current fees (either paid in cash or deferred) and a net increase of $79,000 in the value of the deferred amounts.

**Affiliated officers and trustees** — Officers and certain trustees of the fund are or may be considered to be affiliated with CRMC, CCG and AFS. No affiliated officers or trustees received any compensation directly from the fund.

**Investment in CCF** — The fund holds shares of CCF, an institutional prime money market fund managed by CRMC. CCF invests in high-quality, short-term money market instruments. CCF is used as the primary investment vehicle for the fund's short-term instruments. CCF shares are only available for purchase by CRMC, its affiliates, and other funds managed by CRMC or its affiliates, and are not available to the public. CRMC does not receive an investment advisory services fee from CCF.

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **65** |

---

------

**Security transactions with related funds** — The fund may purchase investment securities from, or sell investment securities to, other funds managed by CRMC (or funds managed by certain affiliates of CRMC) under procedures adopted by the fund's board of trustees. The funds involved in such transactions are considered related by virtue of having a common investment adviser (or affiliated investment advisers), common trustees and/or common officers. When such transactions occur, each transaction is executed at the current market price of the security and no brokerage commissions or fees are paid in accordance with Rule 17a-7 of the 1940 Act. During the year ended August 31, 2025, the fund did not engage in any such purchase or sale transactions with any related funds.

**Interfund lending** — Pursuant to an exemptive order issued by the SEC, the fund, along with other CRMC-managed funds (or funds managed by certain affiliates of CRMC), may participate in an interfund lending program. The program provides an alternate credit facility that permits the funds to lend or borrow cash for temporary purposes directly to or from one another, subject to the conditions of the exemptive order. The fund did not lend or borrow cash through the interfund lending program at any time during the year ended August 31, 2025.

**8. Indemnifications**

------

The fund's organizational documents provide board members and officers with indemnification against certain liabilities or expenses in connection with the performance of their duties to the fund. In the normal course of business, the fund may also enter into contracts that provide general indemnifications. The fund's maximum exposure under these arrangements is unknown since it is dependent on future claims that may be made against the fund. The risk of material loss from such claims is considered remote. Insurance policies are also available to the fund's board members and officers.

**9. Capital share transactions**

------

Capital share transactions in the fund were as follows (dollars and shares in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Sales\*** | **Sales\*** | **Reinvestments of**<br> **distributions** | **Reinvestments of**<br> **distributions** | **Repurchases\*** | **Repurchases\*** | **Net increase**<br> **(decrease)** | **Net increase**<br> **(decrease)** |
| <br>**Share class** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended August 31, 2025** | **Year ended August 31, 2025** | **Year ended August 31, 2025** | **Year ended August 31, 2025** | **Year ended August 31, 2025** | **Year ended August 31, 2025** | **Year ended August 31, 2025** | **Year ended August 31, 2025** | **Year ended August 31, 2025** |
| Class A | $1647136 | 131143 | &nbsp;&nbsp;&nbsp; $342886 | 27247 | &nbsp;&nbsp;&nbsp; $(1915813)<br>| (152638)<br>| &nbsp;&nbsp;&nbsp; $74209 | 5752 |
| Class C | 10587 | 843 | &nbsp;&nbsp;&nbsp; 936 | 74 | &nbsp;&nbsp;&nbsp; (9646)<br>| (770)<br>| &nbsp;&nbsp;&nbsp; 1877 | 147 |
| Class T |  |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  |
| Class F-1 | 7297 | 580 | &nbsp;&nbsp;&nbsp; 3311 | 263 | &nbsp;&nbsp;&nbsp; (32107)<br>| (2557)<br>| &nbsp;&nbsp;&nbsp; (21499)<br>| (1714)<br>|
| Class F-2 | 626234 | 49888 | &nbsp;&nbsp;&nbsp; 93110 | 7399 | &nbsp;&nbsp;&nbsp; (701170)<br>| (55829)<br>| &nbsp;&nbsp;&nbsp; 18174 | 1458 |
| Class F-3 | 437748 | 34876 | &nbsp;&nbsp;&nbsp; 71321 | 5670 | &nbsp;&nbsp;&nbsp; (333662)<br>| (26581)<br>| &nbsp;&nbsp;&nbsp; 175407 | 13965 |
| Class 529-A | 71067 | 5659 | &nbsp;&nbsp;&nbsp; 15298 | 1216 | &nbsp;&nbsp;&nbsp; (87854)<br>| (7001)<br>| &nbsp;&nbsp;&nbsp; (1489)<br>| (126)<br>|
| Class 529-C | 2985 | 238 | &nbsp;&nbsp;&nbsp; 183 | 15 | &nbsp;&nbsp;&nbsp; (2755)<br>| (220)<br>| &nbsp;&nbsp;&nbsp; 413 | 33 |
| Class 529-E | 1301 | 104 | &nbsp;&nbsp;&nbsp; 395 | 31 | &nbsp;&nbsp;&nbsp; (2960)<br>| (236)<br>| &nbsp;&nbsp;&nbsp; (1264)<br>| (101)<br>|
| Class 529-T |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-1 |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-2 | 30049 | 2394 | &nbsp;&nbsp;&nbsp; 4994 | 397 | &nbsp;&nbsp;&nbsp; (25054)<br>| (1996)<br>| &nbsp;&nbsp;&nbsp; 9989 | 795 |
| Class 529-F-3 | 100 | 8 | &nbsp;&nbsp;&nbsp; 3 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (37)<br>| (3)<br>| &nbsp;&nbsp;&nbsp; 66 | 5 |
| Class R-1 | 1343 | 107 | &nbsp;&nbsp;&nbsp; 156 | 13 | &nbsp;&nbsp;&nbsp; (863)<br>| (69)<br>| &nbsp;&nbsp;&nbsp; 636 | 51 |
| Class R-2 | 16029 | 1278 | &nbsp;&nbsp;&nbsp; 2223 | 177 | &nbsp;&nbsp;&nbsp; (22082)<br>| (1761)<br>| &nbsp;&nbsp;&nbsp; (3830)<br>| (306)<br>|
| Class R-2E | 1681 | 135 | &nbsp;&nbsp;&nbsp; 268 | 21 | &nbsp;&nbsp;&nbsp; (1560)<br>| (125)<br>| &nbsp;&nbsp;&nbsp; 389 | 31 |
| Class R-3 | 25392 | 2019 | &nbsp;&nbsp;&nbsp; 4005 | 318 | &nbsp;&nbsp;&nbsp; (33422)<br>| (2662)<br>| &nbsp;&nbsp;&nbsp; (4025)<br>| (325)<br>|
| Class R-4 | 20759 | 1652 | &nbsp;&nbsp;&nbsp; 3741 | 297 | &nbsp;&nbsp;&nbsp; (25352)<br>| (2017)<br>| &nbsp;&nbsp;&nbsp; (852)<br>| (68)<br>|
| Class R-5E | 5750 | 457 | &nbsp;&nbsp;&nbsp; 683 | 54 | &nbsp;&nbsp;&nbsp; (5328)<br>| (424)<br>| &nbsp;&nbsp;&nbsp; 1105 | 87 |
| Class R-5 | 4903 | 390 | &nbsp;&nbsp;&nbsp; 963 | 77 | &nbsp;&nbsp;&nbsp; (8614)<br>| (686)<br>| &nbsp;&nbsp;&nbsp; (2748)<br>| (219)<br>|
| Class R-6 | 1823074 | 145257 | &nbsp;&nbsp;&nbsp; 522756 | 41539 | &nbsp;&nbsp;&nbsp; (898852)<br>| (71616)<br>| &nbsp;&nbsp;&nbsp; 1446978 | 115180 |
| Total net increase <br> (decrease)<br>| $4733435 | 377028 | &nbsp;&nbsp;&nbsp; $1067232 | 84808 | &nbsp;&nbsp;&nbsp; $(4107131)<br>| (327191)<br>| &nbsp;&nbsp;&nbsp; $1693536 | 134645 |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| **66** | Intermediate Bond Fund of America |

---

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Sales\*** | **Sales\*** | **Reinvestments of**<br> **distributions** | **Reinvestments of**<br> **distributions** | **Repurchases\*** | **Repurchases\*** | **Net increase**<br> **(decrease)** | **Net increase**<br> **(decrease)** |
| <br>**Share class** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended August 31, 2024** | **Year ended August 31, 2024** | **Year ended August 31, 2024** | **Year ended August 31, 2024** | **Year ended August 31, 2024** | **Year ended August 31, 2024** | **Year ended August 31, 2024** | **Year ended August 31, 2024** | **Year ended August 31, 2024** |
| Class A | $1482258 | 119819 | &nbsp;&nbsp;&nbsp; $329798 | 26681 | &nbsp;&nbsp;&nbsp; $(2008874)<br>| (162713)<br>| &nbsp;&nbsp;&nbsp; $(196818)<br>| (16213)<br>|
| Class C | 8303 | 672 | &nbsp;&nbsp;&nbsp; 924 | 75 | &nbsp;&nbsp;&nbsp; (13356)<br>| (1085)<br>| &nbsp;&nbsp;&nbsp; (4129)<br>| (338)<br>|
| Class T |  |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  |
| Class F-1 | 15826 | 1283 | &nbsp;&nbsp;&nbsp; 3956 | 320 | &nbsp;&nbsp;&nbsp; (35306)<br>| (2859)<br>| &nbsp;&nbsp;&nbsp; (15524)<br>| (1256)<br>|
| Class F-2 | 647922 | 52478 | &nbsp;&nbsp;&nbsp; 89709 | 7258 | &nbsp;&nbsp;&nbsp; (839387)<br>| (68119)<br>| &nbsp;&nbsp;&nbsp; (101756)<br>| (8383)<br>|
| Class F-3 | 469600 | 38020 | &nbsp;&nbsp;&nbsp; 64118 | 5189 | &nbsp;&nbsp;&nbsp; (487783)<br>| (39540)<br>| &nbsp;&nbsp;&nbsp; 45935 | 3669 |
| Class 529-A | 69201 | 5591 | &nbsp;&nbsp;&nbsp; 14915 | 1207 | &nbsp;&nbsp;&nbsp; (100228)<br>| (8094)<br>| &nbsp;&nbsp;&nbsp; (16112)<br>| (1296)<br>|
| Class 529-C | 3176 | 257 | &nbsp;&nbsp;&nbsp; 167 | 14 | &nbsp;&nbsp;&nbsp; (2799)<br>| (226)<br>| &nbsp;&nbsp;&nbsp; 544 | 45 |
| Class 529-E | 1830 | 148 | &nbsp;&nbsp;&nbsp; 421 | 34 | &nbsp;&nbsp;&nbsp; (2865)<br>| (231)<br>| &nbsp;&nbsp;&nbsp; (614)<br>| (49)<br>|
| Class 529-T |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-1 |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-2 | 35141 | 2842 | &nbsp;&nbsp;&nbsp; 4561 | 368 | &nbsp;&nbsp;&nbsp; (34562)<br>| (2790)<br>| &nbsp;&nbsp;&nbsp; 5140 | 420 |
| Class 529-F-3 |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class R-1 | 874 | 71 | &nbsp;&nbsp;&nbsp; 134 | 11 | &nbsp;&nbsp;&nbsp; (977)<br>| (80)<br>| &nbsp;&nbsp;&nbsp; 31 | 2 |
| Class R-2 | 15268 | 1238 | &nbsp;&nbsp;&nbsp; 2234 | 181 | &nbsp;&nbsp;&nbsp; (21407)<br>| (1742)<br>| &nbsp;&nbsp;&nbsp; (3905)<br>| (323)<br>|
| Class R-2E | 1893 | 154 | &nbsp;&nbsp;&nbsp; 250 | 20 | &nbsp;&nbsp;&nbsp; (2034)<br>| (165)<br>| &nbsp;&nbsp;&nbsp; 109 | 9 |
| Class R-3 | 23419 | 1894 | &nbsp;&nbsp;&nbsp; 3999 | 324 | &nbsp;&nbsp;&nbsp; (31826)<br>| (2571)<br>| &nbsp;&nbsp;&nbsp; (4408)<br>| (353)<br>|
| Class R-4 | 21070 | 1702 | &nbsp;&nbsp;&nbsp; 3725 | 301 | &nbsp;&nbsp;&nbsp; (30768)<br>| (2488)<br>| &nbsp;&nbsp;&nbsp; (5973)<br>| (485)<br>|
| Class R-5E | 5323 | 431 | &nbsp;&nbsp;&nbsp; 591 | 48 | &nbsp;&nbsp;&nbsp; (3347)<br>| (272)<br>| &nbsp;&nbsp;&nbsp; 2567 | 207 |
| Class R-5 | 4542 | 366 | &nbsp;&nbsp;&nbsp; 1038 | 84 | &nbsp;&nbsp;&nbsp; (5875)<br>| (475)<br>| &nbsp;&nbsp;&nbsp; (295)<br>| (25)<br>|
| Class R-6 | 1602845 | 129173 | &nbsp;&nbsp;&nbsp; 459025 | 37127 | &nbsp;&nbsp;&nbsp; (923100)<br>| (74401)<br>| &nbsp;&nbsp;&nbsp; 1138770 | 91899 |
| Total net increase <br> (decrease)<br>| $4408491 | 356139 | &nbsp;&nbsp;&nbsp; $979565 | 79242 | &nbsp;&nbsp;&nbsp; $(4544494)<br>| (367851)<br>| &nbsp;&nbsp;&nbsp; $843562 | 67530 |

---

\*

Includes exchanges between share classes of the fund.

<sup>†</sup>

Amount less than one thousand.

**10. Investment transactions**

------

The fund engaged in purchases and sales of investment securities, excluding short-term securities and U.S. government obligations,

if any, of $46,193,402,000 and $47,577,290,000, respectively, during the year ended August 31, 2025.

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **67** |

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Financial highlights

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Dividends and distributions** | **Dividends and distributions** | **Dividends and distributions** | | | | | | |
| <br>**Year ended**  | <br>**Net asset** <br>**value,** <br>**beginning** <br>**of year**<br>| **Net** <br>**investment** <br>**income** <br>**(loss)**<br>| **Net gains** <br>**(losses) on** <br>**securities** <br>**(both** <br>**realized and** <br>**unrealized)**<br>| **Total from** <br>**investment** <br>**operations**<br>| **Dividends** <br>**(from net** <br>**investment** <br>**income)**<br>| **Distributions** <br>**(from capital** <br>**gains)**<br>| **Total** <br>**dividends** <br>**and** <br>**distributions**<br>| <br>**Net asset** <br>**value,** <br>**end** <br>**of year**<br>| <br>**Total return**<sup>2,3</sup> <br>| <br>**Net assets,** <br>**end of** <br>**year** <br>**(in millions)** <br>| <br>**Ratio of** <br>**expenses to** <br>**average net** <br>**assets before** <br>**waivers/** <br>**reimburse-** <br>**ments**<sup>4</sup> <br>| <br>**Ratio of** <br>**expenses to** <br>**average net** <br>**assets after** <br>**waivers/** <br>**reimburse-** <br>**ments**<sup>3,4</sup> <br>| <br>**Ratio of** <br>**net income** <br>**(loss) to** <br>**average** <br>**net assets**<sup>3</sup> <br>|
| **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  |
| 8/31/2025 | $12.66 | $.50 | $.06 | $.56 | $(.50)<br>| $— | $(.50)<br>| $12.72 | 4.52<br> %<br>| $8845 | .68<br> %<br>| .65<br> %<br>| 4.00<br> %<br>|
| 8/31/2024 | 12.29 | .50 | .35 | .85 | (.48)<br>|  | (.48)<br>| 12.66 | 7.09 | 8725 | .69 | .66 | 4.07 |
| 8/31/2023 | 12.75 | .36 | (.47)<br>| (.11)<br>| (.35)<br>|  | (.35)<br>| 12.29 | (.86)<br>| 8673 | .63 | .62 | 2.86 |
| 8/31/2022 | 13.86 | .22 | (1.11)<br>| (.89)<br>| (.22)<br>|  | (.22)<br>| 12.75 | (6.45)<br>| 9557 | .62 | .62 | 1.66 |
| 8/31/2021 | 14.22 | .11 | (.06)<br>| .05 | (.12)<br>| (.29)<br>| (.41)<br>| 13.86 | .34 | 10608 | .61 | .61 | .80 |
| **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  |
| 8/31/2025 | 12.63 | .41 | .07 | .48 | (.41)<br>|  | (.41)<br>| 12.70 | 3.88 | 30 | 1.38 | 1.35 | 3.30 |
| 8/31/2024 | 12.27 | .41 | .34 | .75 | (.39)<br>|  | (.39)<br>| 12.63 | 6.26 | 28 | 1.39 | 1.36 | 3.36 |
| 8/31/2023 | 12.73 | .26 | (.46)<br>| (.20)<br>| (.26)<br>|  | (.26)<br>| 12.27 | (1.59)<br>| 32 | 1.36 | 1.35 | 2.10 |
| 8/31/2022 | 13.84 | .12 | (1.09)<br>| (.97)<br>| (.14)<br>|  | (.14)<br>| 12.73 | (7.04)<br>| 37 | 1.32 | 1.32 | .91 |
| 8/31/2021 | 14.21 | .02 | (.07)<br>| (.05)<br>| (.03)<br>| (.29)<br>| (.32)<br>| 13.84 | (.34)<br>| 50 | 1.30 | 1.30 | .11 |
| **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  |
| 8/31/2025 | 12.65 | .54 | .07 | .61 | (.54)<br>|  | (.54)<br>| 12.72 | 4.92 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .38 <br><sup>5</sup><br>| .35 <br><sup>5</sup><br>| 4.30 <br><sup>5</sup><br>|
| 8/31/2024 | 12.29 | .54 | .34 | .88 | (.52)<br>|  | (.52)<br>| 12.65 | 7.32 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .39 <br><sup>5</sup><br>| .36 <br><sup>5</sup><br>| 4.36 <br><sup>5</sup><br>|
| 8/31/2023 | 12.75 | .39 | (.46)<br>| (.07)<br>| (.39)<br>|  | (.39)<br>| 12.29 | (.57 )<sup>5</sup><br>| — <br><sup>6</sup><br>| .34 <br><sup>5</sup><br>| .33 <br><sup>5</sup><br>| 3.16 <br><sup>5</sup><br>|
| 8/31/2022 | 13.85 | .26 | (1.10)<br>| (.84)<br>| (.26)<br>|  | (.26)<br>| 12.75 | (6.09 )<sup>5</sup><br>| — <br><sup>6</sup><br>| .31 <br><sup>5</sup><br>| .31 <br><sup>5</sup><br>| 1.98 <br><sup>5</sup><br>|
| 8/31/2021 | 14.21 | .15 | (.06)<br>| .09 | (.16)<br>| (.29)<br>| (.45)<br>| 13.85 | .62 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .32 <br><sup>5</sup><br>| .32 <br><sup>5</sup><br>| 1.09 <br><sup>5</sup><br>|
| **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  |
| 8/31/2025 | 12.66 | .50 | .06 | .56 | (.50)<br>|  | (.50)<br>| 12.72 | 4.50 | 81 | .70 | .67 | 3.98 |
| 8/31/2024 | 12.29 | .50 | .35 | .85 | (.48)<br>|  | (.48)<br>| 12.66 | 7.08 | 102 | .71 | .67 | 4.05 |
| 8/31/2023 | 12.75 | .35 | (.46)<br>| (.11)<br>| (.35)<br>|  | (.35)<br>| 12.29 | (.89)<br>| 114 | .66 | .65 | 2.82 |
| 8/31/2022 | 13.86 | .21 | (1.10)<br>| (.89)<br>| (.22)<br>|  | (.22)<br>| 12.75 | (6.45)<br>| 134 | .62 | .62 | 1.60 |
| 8/31/2021 | 14.22 | .11 | (.06)<br>| .05 | (.12)<br>| (.29)<br>| (.41)<br>| 13.86 | .34 | 186 | .60 | .60 | .78 |
| **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  |
| 8/31/2025 | 12.66 | .54 | .05 | .59 | (.53)<br>|  | (.53)<br>| 12.72 | 4.83 | 2270 | .39 | .36 | 4.29 |
| 8/31/2024 | 12.29 | .54 | .35 | .89 | (.52)<br>|  | (.52)<br>| 12.66 | 7.41 | 2239 | .39 | .36 | 4.37 |
| 8/31/2023 | 12.75 | .38 | (.46)<br>| (.08)<br>| (.38)<br>|  | (.38)<br>| 12.29 | (.61)<br>| 2278 | .37 | .36 | 3.06 |
| 8/31/2022 | 13.86 | .26 | (1.11)<br>| (.85)<br>| (.26)<br>|  | (.26)<br>| 12.75 | (6.18)<br>| 3253 | .34 | .34 | 1.95 |
| 8/31/2021 | 14.22 | .15 | (.06)<br>| .09 | (.16)<br>| (.29)<br>| (.45)<br>| 13.86 | .63 | 3388 | .32 | .32 | 1.10 |
| **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  |
| 8/31/2025 | 12.65 | .55 | .07 | .62 | (.55)<br>|  | (.55)<br>| 12.72 | 5.03 | 1746 | .28 | .24 | 4.40 |
| 8/31/2024 | 12.29 | .55 | .34 | .89 | (.53)<br>|  | (.53)<br>| 12.65 | 7.45 | 1560 | .28 | .25 | 4.48 |
| 8/31/2023 | 12.74 | .41 | (.46)<br>| (.05)<br>| (.40)<br>|  | (.40)<br>| 12.29 | (.41)<br>| 1470 | .26 | .25 | 3.26 |
| 8/31/2022 | 13.85 | .28 | (1.12)<br>| (.84)<br>| (.27)<br>|  | (.27)<br>| 12.74 | (6.08)<br>| 1395 | .23 | .23 | 2.10 |
| 8/31/2021 | 14.21 | .17 | (.07)<br>| .10 | (.17)<br>| (.29)<br>| (.46)<br>| 13.85 | .74 | 1316 | .21 | .21 | 1.21 |
| **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  |
| 8/31/2025 | 12.66 | .50 | .06 | .56 | (.50)<br>|  | (.50)<br>| 12.72 | 4.54 | 387 | .67 | .64 | 4.01 |
| 8/31/2024 | 12.29 | .50 | .35 | .85 | (.48)<br>|  | (.48)<br>| 12.66 | 7.10 | 386 | .69 | .65 | 4.07 |
| 8/31/2023 | 12.75 | .35 | (.46)<br>| (.11)<br>| (.35)<br>|  | (.35)<br>| 12.29 | (.89)<br>| 391 | .66 | .65 | 2.83 |
| 8/31/2022 | 13.86 | .22 | (1.11)<br>| (.89)<br>| (.22)<br>|  | (.22)<br>| 12.75 | (6.44)<br>| 439 | .61 | .61 | 1.65 |
| 8/31/2021 | 14.22 | .11 | (.06)<br>| .05 | (.12)<br>| (.29)<br>| (.41)<br>| 13.86 | .34 | 529 | .60 | .60 | .81 |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| **68** | Intermediate Bond Fund of America |

---

------

Financial highlights (continued)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Dividends and distributions** | **Dividends and distributions** | **Dividends and distributions** | | | | | | |
| <br>**Year ended**  | <br>**Net asset**<br> **value,**<br> **beginning**<br> **of year**<br>| **Net**<br> **investment**<br> **income**<br> **(loss)**<br>| **Net gains**<br> **(losses) on**<br> **securities**<br> **(both**<br> **realized and**<br> **unrealized)**<br>| **Total from**<br> **investment**<br> **operations**<br>| **Dividends**<br> **(from net**<br> **investment**<br> **income)**<br>| **Distributions**<br> **(from capital**<br> **gains)**<br>| **Total**<br> **dividends**<br> **and**<br> **distributions**<br>| <br>**Net asset**<br> **value,**<br> **end**<br> **of year**<br>| <br>**Total return**<sup>2,3</sup> | <br>**Net assets,**<br> **end of**<br> **year**<br> **(in millions)** <br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets before**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>4</sup><br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets after**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>3,4</sup><br>| <br>**Ratio of**<br> **net income**<br> **(loss) to**<br> **average**<br> **net assets**<sup>3</sup><br>|
| **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  |
| 8/31/2025 | $12.62 | $.41 | $.06 | $.47 | $(.40)<br>| $— | $(.40)<br>| $12.69 | 3.83<br> %<br>| $6 | 1.43<br> %<br>| 1.40<br> %<br>| 3.25<br> %<br>|
| 8/31/2024 | 12.26 | .41 | .34 | .75 | (.39)<br>|  | (.39)<br>| 12.62 | 6.23 | 6 | 1.43 | 1.40 | 3.33 |
| 8/31/2023 | 12.72 | .26 | (.47)<br>| (.21)<br>| (.25)<br>|  | (.25)<br>| 12.26 | (1.65)<br>| 5 | 1.42 | 1.41 | 2.06 |
| 8/31/2022 | 13.83 | .12 | (1.10)<br>| (.98)<br>| (.13)<br>|  | (.13)<br>| 12.72 | (7.08)<br>| 6 | 1.37 | 1.37 | .87 |
| 8/31/2021 | 14.21 | .01 | (.07)<br>| (.06)<br>| (.03)<br>| (.29)<br>| (.32)<br>| 13.83 | (.42)<br>| 8 | 1.33 | 1.33 | .07 |
| **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  |
| 8/31/2025 | 12.66 | .48 | .06 | .54 | (.48)<br>|  | (.48)<br>| 12.72 | 4.34 | 10 | .86 | .83 | 3.82 |
| 8/31/2024 | 12.29 | .48 | .35 | .83 | (.46)<br>|  | (.46)<br>| 12.66 | 6.91 | 11 | .86 | .83 | 3.89 |
| 8/31/2023 | 12.75 | .33 | (.47)<br>| (.14)<br>| (.32)<br>|  | (.32)<br>| 12.29 | (1.08)<br>| 12 | .84 | .84 | 2.63 |
| 8/31/2022 | 13.86 | .19 | (1.10)<br>| (.91)<br>| (.20)<br>|  | (.20)<br>| 12.75 | (6.62)<br>| 14 | .81 | .81 | 1.44 |
| 8/31/2021 | 14.22 | .09 | (.07)<br>| .02 | (.09)<br>| (.29)<br>| (.38)<br>| 13.86 | .15 | 18 | .79 | .79 | .61 |
| **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  |
| 8/31/2025 | 12.65 | .53 | .07 | .60 | (.53)<br>|  | (.53)<br>| 12.72 | 4.86 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .44 <br><sup>5</sup><br>| .40 <br><sup>5</sup><br>| 4.25 <br><sup>5</sup><br>|
| 8/31/2024 | 12.29 | .53 | .34 | .87 | (.51)<br>|  | (.51)<br>| 12.65 | 7.26 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .46 <br><sup>5</sup><br>| .42 <br><sup>5</sup><br>| 4.30 <br><sup>5</sup><br>|
| 8/31/2023 | 12.75 | .39 | (.47)<br>| (.08)<br>| (.38)<br>|  | (.38)<br>| 12.29 | (.64 )<sup>5</sup><br>| — <br><sup>6</sup><br>| .41 <br><sup>5</sup><br>| .40 <br><sup>5</sup><br>| 3.10 <br><sup>5</sup><br>|
| 8/31/2022 | 13.85 | .25 | (1.10)<br>| (.85)<br>| (.25)<br>|  | (.25)<br>| 12.75 | (6.16 )<sup>5</sup><br>| — <br><sup>6</sup><br>| .39 <br><sup>5</sup><br>| .39 <br><sup>5</sup><br>| 1.91 <br><sup>5</sup><br>|
| 8/31/2021 | 14.21 | .15 | (.07)<br>| .08 | (.15)<br>| (.29)<br>| (.44)<br>| 13.85 | .51 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .37 <br><sup>5</sup><br>| .37 <br><sup>5</sup><br>| 1.04 <br><sup>5</sup><br>|
| **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  |
| 8/31/2025 | 12.65 | .52 | .07 | .59 | (.52)<br>|  | (.52)<br>| 12.72 | 4.79 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .50 <br><sup>5</sup><br>| .47 <br><sup>5</sup><br>| 4.18 <br><sup>5</sup><br>|
| 8/31/2024 | 12.29 | .52 | .34 | .86 | (.50)<br>|  | (.50)<br>| 12.65 | 7.20 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .51 <br><sup>5</sup><br>| .48 <br><sup>5</sup><br>| 4.24 <br><sup>5</sup><br>|
| 8/31/2023 | 12.75 | .38 | (.47)<br>| (.09)<br>| (.37)<br>|  | (.37)<br>| 12.29 | (.71 )<sup>5</sup><br>| — <br><sup>6</sup><br>| .49 <br><sup>5</sup><br>| .48 <br><sup>5</sup><br>| 3.02 <br><sup>5</sup><br>|
| 8/31/2022 | 13.86 | .25 | (1.11)<br>| (.86)<br>| (.25)<br>|  | (.25)<br>| 12.75 | (6.26 )<sup>5</sup><br>| — <br><sup>6</sup><br>| .43 <br><sup>5</sup><br>| .43 <br><sup>5</sup><br>| 1.86 <br><sup>5</sup><br>|
| 8/31/2021 | 14.22 | .14 | (.06)<br>| .08 | (.15)<br>| (.29)<br>| (.44)<br>| 13.86 | .54 <br><sup>5</sup><br>| — <br><sup>6</sup><br>| .36 <br><sup>5</sup><br>| .36 <br><sup>5</sup><br>| .98 <br><sup>5</sup><br>|
| **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  |
| 8/31/2025 | 12.66 | .54 | .07 | .61 | (.54)<br>|  | (.54)<br>| 12.73 | 4.93 | 122 | .37 | .34 | 4.31 |
| 8/31/2024 | 12.29 | .54 | .35 | .89 | (.52)<br>|  | (.52)<br>| 12.66 | 7.42 | 112 | .38 | .35 | 4.38 |
| 8/31/2023 | 12.75 | .39 | (.46)<br>| (.07)<br>| (.39)<br>|  | (.39)<br>| 12.29 | (.57)<br>| 103 | .34 | .33 | 3.17 |
| 8/31/2022 | 13.86 | .26 | (1.11)<br>| (.85)<br>| (.26)<br>|  | (.26)<br>| 12.75 | (6.17)<br>| 109 | .32 | .32 | 1.96 |
| 8/31/2021<sup>7,8</sup> <br>| 14.19 | .13 | (.04)<br>| .09 | (.13)<br>| (.29)<br>| (.42)<br>| 13.86 | .64 <br><sup>9</sup><br>| 120 | .33 <br><sup>10</sup><br>| .33 <br><sup>10</sup><br>| 1.09 <br><sup>10</sup><br>|
| **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  |
| 8/31/2025 | 12.66 | .55 | .05 | .60 | (.54)<br>|  | (.54)<br>| 12.72 | 4.88 | — <br><sup>6</sup><br>| .33 | .30 | 4.35 |
| 8/31/2024 | 12.29 | .55 | .34 | .89 | (.52)<br>|  | (.52)<br>| 12.66 | 7.47 | — <br><sup>6</sup><br>| .34 | .31 | 4.42 |
| 8/31/2023 | 12.75 | .40 | (.47)<br>| (.07)<br>| (.39)<br>|  | (.39)<br>| 12.29 | (.55)<br>| — <br><sup>6</sup><br>| .33 | .32 | 3.18 |
| 8/31/2022 | 13.86 | .27 | (1.11)<br>| (.84)<br>| (.27)<br>|  | (.27)<br>| 12.75 | (6.12)<br>| — <br><sup>6</sup><br>| .28 | .28 | 2.01 |
| 8/31/2021<sup>7,8</sup> <br>| 14.19 | .13 | (.04)<br>| .09 | (.13)<br>| (.29)<br>| (.42)<br>| 13.86 | .67 <br><sup>9</sup><br>| — <br><sup>6</sup><br>| .36 <br><sup>10</sup><br>| .29 <br><sup>10</sup><br>| 1.14 <br><sup>10</sup><br>|
| **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  |
| 8/31/2025 | 12.63 | .42 | .06 | .48 | (.41)<br>|  | (.41)<br>| 12.70 | 3.92 | 5 | 1.34 | 1.31 | 3.34 |
| 8/31/2024 | 12.27 | .42 | .34 | .76 | (.40)<br>|  | (.40)<br>| 12.63 | 6.31 | 5 | 1.35 | 1.32 | 3.41 |
| 8/31/2023 | 12.72 | .27 | (.46)<br>| (.19)<br>| (.26)<br>|  | (.26)<br>| 12.27 | (1.48)<br>| 4 | 1.33 | 1.32 | 2.19 |
| 8/31/2022 | 13.84 | .13 | (1.11)<br>| (.98)<br>| (.14)<br>|  | (.14)<br>| 12.72 | (7.10)<br>| 4 | 1.30 | 1.30 | .96 |
| 8/31/2021 | 14.21 | .01 | (.06)<br>| (.05)<br>| (.03)<br>| (.29)<br>| (.32)<br>| 13.84 | (.35)<br>| 5 | 1.31 | 1.31 | .08 |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **69** |

---

------

Financial highlights (continued)

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Dividends and distributions** | **Dividends and distributions** | **Dividends and distributions** | | | | | | |
| <br>**Year ended**  | <br>**Net asset**<br> **value,**<br> **beginning**<br> **of year**<br>| **Net**<br> **investment**<br> **income**<br> **(loss)**<br>| **Net gains**<br> **(losses) on**<br> **securities**<br> **(both**<br> **realized and**<br> **unrealized)**<br>| **Total from**<br> **investment**<br> **operations**<br>| **Dividends**<br> **(from net**<br> **investment**<br> **income)**<br>| **Distributions**<br> **(from capital**<br> **gains)**<br>| **Total**<br> **dividends**<br> **and**<br> **distributions**<br>| <br>**Net asset**<br> **value,**<br> **end**<br> **of year**<br>| <br>**Total return**<sup>2,3</sup> | <br>**Net assets,**<br> **end of**<br> **year**<br> **(in millions)** <br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets before**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>4</sup><br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets after**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>3,4</sup><br>| <br>**Ratio of**<br> **net income**<br> **(loss) to**<br> **average**<br> **net assets**<sup>3</sup><br>|
| **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  |
| 8/31/2025 | $12.63 | $.42 | $.06 | $.48 | $(.41)<br>| $— | $(.41)<br>| $12.70 | 3.93<br> %<br>| $67 | 1.34<br> %<br>| 1.31<br> %<br>| 3.34<br> %<br>|
| 8/31/2024 | 12.27 | .42 | .34 | .76 | (.40)<br>|  | (.40)<br>| 12.63 | 6.32 | 71 | 1.34 | 1.31 | 3.42 |
| 8/31/2023 | 12.72 | .27 | (.46)<br>| (.19)<br>| (.26)<br>|  | (.26)<br>| 12.27 | (1.47)<br>| 73 | 1.32 | 1.31 | 2.17 |
| 8/31/2022 | 13.84 | .13 | (1.11)<br>| (.98)<br>| (.14)<br>|  | (.14)<br>| 12.72 | (7.10)<br>| 78 | 1.30 | 1.30 | .97 |
| 8/31/2021 | 14.21 | .02 | (.07)<br>| (.05)<br>| (.03)<br>| (.29)<br>| (.32)<br>| 13.84 | (.33)<br>| 96 | 1.29 | 1.29 | .12 |
| **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  |
| 8/31/2025 | 12.64 | .45 | .07 | .52 | (.45)<br>|  | (.45)<br>| 12.71 | 4.22 | 8 | 1.06 | 1.02 | 3.63 |
| 8/31/2024 | 12.27 | .46 | .34 | .80 | (.43)<br>|  | (.43)<br>| 12.64 | 6.61 | 7 | 1.07 | 1.04 | 3.69 |
| 8/31/2023 | 12.73 | .31 | (.47)<br>| (.16)<br>| (.30)<br>|  | (.30)<br>| 12.27 | (1.20)<br>| 7 | 1.05 | 1.04 | 2.48 |
| 8/31/2022 | 13.84 | .17 | (1.11)<br>| (.94)<br>| (.17)<br>|  | (.17)<br>| 12.73 | (6.82)<br>| 7 | 1.03 | 1.03 | 1.27 |
| 8/31/2021 | 14.20 | .05 | (.06)<br>| (.01)<br>| (.06)<br>| (.29)<br>| (.35)<br>| 13.84 | (.07)<br>| 8 | 1.02 | 1.02 | .38 |
| **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  |
| 8/31/2025 | 12.66 | .47 | .06 | .53 | (.47)<br>|  | (.47)<br>| 12.72 | 4.28 | 108 | .92 | .89 | 3.76 |
| 8/31/2024 | 12.29 | .47 | .35 | .82 | (.45)<br>|  | (.45)<br>| 12.66 | 6.85 | 111 | .92 | .89 | 3.83 |
| 8/31/2023 | 12.75 | .32 | (.46)<br>| (.14)<br>| (.32)<br>|  | (.32)<br>| 12.29 | (1.13)<br>| 112 | .90 | .89 | 2.59 |
| 8/31/2022 | 13.86 | .19 | (1.11)<br>| (.92)<br>| (.19)<br>|  | (.19)<br>| 12.75 | (6.68)<br>| 123 | .87 | .87 | 1.39 |
| 8/31/2021 | 14.22 | .08 | (.07)<br>| .01 | (.08)<br>| (.29)<br>| (.37)<br>| 13.86 | .09 | 148 | .86 | .86 | .55 |
| **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  |
| 8/31/2025 | 12.66 | .51 | .06 | .57 | (.51)<br>|  | (.51)<br>| 12.72 | 4.58 | 94 | .62 | .59 | 4.06 |
| 8/31/2024 | 12.29 | .51 | .35 | .86 | (.49)<br>|  | (.49)<br>| 12.66 | 7.16 | 95 | .63 | .59 | 4.13 |
| 8/31/2023 | 12.75 | .36 | (.47)<br>| (.11)<br>| (.35)<br>|  | (.35)<br>| 12.29 | (.83)<br>| 98 | .60 | .59 | 2.86 |
| 8/31/2022 | 13.86 | .23 | (1.11)<br>| (.88)<br>| (.23)<br>|  | (.23)<br>| 12.75 | (6.40)<br>| 117 | .57 | .57 | 1.69 |
| 8/31/2021 | 14.22 | .12 | (.07)<br>| .05 | (.12)<br>| (.29)<br>| (.41)<br>| 13.86 | .39 | 139 | .56 | .56 | .85 |
| **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  |
| 8/31/2025 | 12.66 | .53 | .06 | .59 | (.53)<br>|  | (.53)<br>| 12.72 | 4.79 | 17 | .43 | .40 | 4.25 |
| 8/31/2024 | 12.29 | .54 | .34 | .88 | (.51)<br>|  | (.51)<br>| 12.66 | 7.37 | 16 | .43 | .40 | 4.33 |
| 8/31/2023 | 12.75 | .39 | (.47)<br>| (.08)<br>| (.38)<br>|  | (.38)<br>| 12.29 | (.64)<br>| 13 | .41 | .40 | 3.16 |
| 8/31/2022 | 13.86 | .26 | (1.12)<br>| (.86)<br>| (.25)<br>|  | (.25)<br>| 12.75 | (6.22)<br>| 11 | .38 | .38 | 1.92 |
| 8/31/2021 | 14.22 | .15 | (.07)<br>| .08 | (.15)<br>| (.29)<br>| (.44)<br>| 13.86 | .58 | 11 | .36 | .36 | 1.06 |
| **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  |
| 8/31/2025 | 12.66 | .55 | .06 | .61 | (.54)<br>|  | (.54)<br>| 12.73 | 4.97 | 22 | .33 | .30 | 4.35 |
| 8/31/2024 | 12.29 | .55 | .35 | .90 | (.53)<br>|  | (.53)<br>| 12.66 | 7.47 | 25 | .33 | .30 | 4.43 |
| 8/31/2023 | 12.75 | .40 | (.47)<br>| (.07)<br>| (.39)<br>|  | (.39)<br>| 12.29 | (.54)<br>| 24 | .31 | .30 | 3.18 |
| 8/31/2022 | 13.86 | .27 | (1.11)<br>| (.84)<br>| (.27)<br>|  | (.27)<br>| 12.75 | (6.12)<br>| 29 | .27 | .27 | 1.99 |
| 8/31/2021 | 14.22 | .16 | (.06)<br>| .10 | (.17)<br>| (.29)<br>| (.46)<br>| 13.86 | .68 | 34 | .26 | .26 | 1.14 |
| **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  |
| 8/31/2025 | 12.66 | .55 | .06 | .61 | (.55)<br>|  | (.55)<br>| 12.72 | 4.95 | 13081 | .28 | .24 | 4.40 |
| 8/31/2024 | 12.29 | .55 | .35 | .90 | (.53)<br>|  | (.53)<br>| 12.66 | 7.53 | 11554 | .28 | .25 | 4.48 |
| 8/31/2023 | 12.75 | .40 | (.46)<br>| (.06)<br>| (.40)<br>|  | (.40)<br>| 12.29 | (.49)<br>| 10092 | .25 | .25 | 3.24 |
| 8/31/2022 | 13.85 | .27 | (1.10)<br>| (.83)<br>| (.27)<br>|  | (.27)<br>| 12.75 | (6.01)<br>| 11086 | .22 | .22 | 2.02 |
| 8/31/2021 | 14.22 | .17 | (.08)<br>| .09 | (.17)<br>| (.29)<br>| (.46)<br>| 13.85 | .67 | 15032 | .21 | .21 | 1.21 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Portfolio turnover rate for all share classes**<sup>11,12</sup> | **Year ended August 31,** | **Year ended August 31,** | **Year ended August 31,** | **Year ended August 31,** | **Year ended August 31,** |
| **Portfolio turnover rate for all share classes**<sup>11,12</sup> | **2025** | **2024** | **2023** | **2022** | **2021** |
| Excluding mortgage dollar roll transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85<br> %<br>|
| Including mortgage dollar roll transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 360<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 454<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 263<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434<br> %<br>|

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Refer to the end of the table(s) for footnote(s).

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| | |
|:---|:---|
| **70** | Intermediate Bond Fund of America |

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------

Financial highlights (continued)

<sup>1</sup> Based on average shares outstanding.

<sup>2</sup> Total returns exclude any applicable sales charges, including contingent deferred sales charges.

<sup>3</sup> This column reflects the impact of certain waivers and/or reimbursements from CRMC and/or AFS, if any.

<sup>4</sup> Ratios do not include expenses of any Central Funds. The fund indirectly bears its proportionate share of the expenses of any Central Funds.

<sup>5</sup> All or a significant portion of assets in this class consisted of seed capital invested by CRMC and/or its affiliates. Fees for distribution services are not charged or accrued on these seed capital assets. If such fees were paid by the fund on seed capital assets, fund expenses would have been higher and net income and total return would have been lower. 

<sup>6</sup> Amount less than $1 million.

<sup>7</sup> Based on operations for a period that is less than a full year.

<sup>8</sup> Class 529-F-2 and 529-F-3 shares began investment operations on October 30, 2020.

<sup>9</sup> Not annualized.

<sup>10</sup> Annualized.

<sup>11</sup> Refer to Note 5 for more information on mortgage dollar rolls.

<sup>12</sup> Rates do not include the fund's portfolio activity with respect to any Central Funds.

Refer to the notes to financial statements.

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **71** |

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Report of Independent Registered Public Accounting Firm

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To the shareholders and the Board of Trustees of Intermediate Bond Fund of America:

**Opinion on the Financial Statements and Financial Highlights**

We have audited the accompanying statement of assets and liabilities of Intermediate Bond Fund of America (the "Fund"), including the investment portfolio, as of August 31, 2025, the related statement of operations for the year then ended, statements of changes in net assets for each of the two years in the period then ended, financial highlights for each of the five years in the period then ended, and the related notes (collectively referred to as the "financial statements and financial highlights"). In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of August 31, 2025, and the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended in conformity with accounting principles generally accepted in the United States of America.

**Basis for Opinion**

These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Fund is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of August 31, 2025, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP

Costa Mesa, California

October 10, 2025

We have served as the auditor of one or more American Funds investment companies since 1956.

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| | |
|:---|:---|
| **72** | Intermediate Bond Fund of America |

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Tax informationunaudited

------

We are required to advise you of the federal tax status of certain distributions received by shareholders during the fiscal year. The fund hereby designates the following amounts for the fund's fiscal year ended August 31, 2025:

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| | |
|:---|:---|
| Qualified dividend income | $271000 |
| Section 163(j) interest dividends | $1180203000 |
| Corporate dividends received deduction | $271000 |
| U.S. government income that may be exempt from state taxation | $338860000 |

---

**Individual shareholders should refer to their Form 1099 or other tax information, which will be mailed in January 2026, to determine the *calendar year* amounts to be included on their 2025 tax returns. Shareholders should consult their tax advisors.**

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| | |
|:---|:---|
| Intermediate Bond Fund of America | **73** |

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Changes in and disagreements with accountants

------

On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP ("PwC") was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. The dismissal does not affect D&T's previous engagement to audit the fund's financial statements for the fiscal year ended August 31, 2025.

D&T's reports on the fund's financial statements as of and for the fiscal years ended August 31, 2024 and August 31, 2025 did not contain an adverse opinion or disclaimer of opinion nor were they qualified or modified as to uncertainty, audit scope or accounting principles. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, (i) were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of D&T, would have caused them to make reference to the subject matter of the disagreements in connection with their reports on the fund's financial statements for such periods, and (ii) there were no "reportable events" of the kind described in Item 304(a)(1)(v) of Regulation S-K under the Securities Exchange Act of 1934, as amended. The fund requested that D&T furnish it with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter is filed as an exhibit to this Form N-CSR.

During the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, neither the fund, nor anyone on its behalf, consulted with PwC on items which: (i) concerned the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the fund's financial statements; or (ii) concerned the subject of a disagreement (as defined in paragraph (a)(1)(iv) of Item 304 of Regulation S-K) or reportable events (as described in paragraph (a)(1)(v) of said Item 304).

Matters submitted for shareholder vote

------

None

Remuneration paid to directors, officers and others

------

Refer to the trustees' deferred compensation disclosure in the notes to financial statements.

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| | |
|:---|:---|
| **74** | Intermediate Bond Fund of America |

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------

Approval of Investment Advisory and Service Agreement

------

The fund's board has approved the continuation of the fund's Investment Advisory and Service Agreement (the "agreement") with Capital Research and Management Company ("CRMC") for an additional one-year term through April 30, 2026. The board approved the agreement following the recommendation of the fund's Contracts Committee (the "committee"), which is composed of all the fund's independent board members. The board and the committee determined in the exercise of their business judgment that the fund's advisory fee structure was fair and reasonable in relation to the services provided, and that approving the agreement was in the best interests of the fund and its shareholders.

In reaching this decision, the board and the committee took into account their interactions with CRMC and information furnished to them throughout the year and otherwise provided to them, as well as information prepared specifically in connection with their review of the agreement, and they were advised by their independent counsel with respect to the matters considered. They considered the following factors, among others, but did not identify any single issue or particular piece of information that, in isolation, was the controlling factor, and each board and committee member did not necessarily attribute the same weight to each factor.

**1. Nature, extent and quality of services**

The board and the committee considered the depth and quality of CRMC's investment management process, including its global research capabilities; the experience, capability and integrity of its senior management and other personnel; the low turnover rates of its key personnel; the overall financial strength and stability of CRMC and the Capital Group organization; the resources and systems CRMC devotes to investment management (the manner in which the fund's assets are managed, including liquidity management), financial, investment operations, compliance, trading, proxy voting, shareholder communications, and other services; and the ongoing evolution of CRMC's organizational structure designed to maintain and strengthen these qualities. The board and the committee also considered the nature, extent and quality of administrative and shareholder services provided by CRMC to the fund under the agreement and other agreements, as well as the benefits to fund shareholders from investing in a fund that is part of a large family of funds. The board and the committee considered the risks assumed by CRMC in providing services to the fund, including operational, business, financial, reputational, regulatory and litigation risks. The board and the committee concluded that the nature, extent and quality of the services provided by CRMC have benefited and should continue to benefit the fund and its shareholders.

**2. Investment results**

The board and the committee considered the investment results of the fund in light of its objective. They compared the fund's investment results with those of other funds (including funds that currently form the basis of the Lipper index for the category in which the fund is included) and data such as publicly disclosed benchmarks, including applicable market and fund indexes over various periods (including the fund's lifetime) through September 30, 2024. They generally placed greater emphasis on investment results over longer term periods and relative to benchmarks consistent with the fund's objective. On the basis of this evaluation and the board's and the committee's ongoing review of investment results, and considering the relative market conditions during certain reporting periods, the board and the committee concluded that the fund's investment results have been satisfactory for renewal of the agreement, and that CRMC's record in managing the fund indicated that its continued management should benefit the fund and its shareholders.

**3. Advisory fees and total expenses**

The board and the committee compared the advisory fees and total expense levels of the fund to those of other relevant funds. They observed that the fund's advisory fees and expenses generally compared favorably to those of other similar funds included in the comparable Lipper category. The board and the committee also considered the breakpoint discounts in the fund's advisory fee structure that reduce the level of fees charged by CRMC to the fund as fund assets increase. In addition, they reviewed information regarding the effective advisory fees charged to non-mutual fund clients by CRMC and its affiliates. They noted that, to the extent there were differences between the advisory fees paid by the fund and the advisory fees paid by those clients, the differences appropriately reflected the investment, operational, regulatory and market differences between advising the fund and the other clients. The board and the committee concluded that the fund's cost structure was fair and reasonable in relation to the services provided, as well as in relation to the risks assumed by the adviser in sponsoring and managing the fund, and that the fund's shareholders receive reasonable value in return for the advisory fees and other amounts paid to CRMC by the fund.

---

| | |
|:---|:---|
| Intermediate Bond Fund of America | **75** |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**4. Ancillary benefits**

The board and the committee considered a variety of other benefits that CRMC and its affiliates receive as a result of CRMC's relationship with the fund and other American Funds, including fees for administrative services provided to certain share classes; fees paid to CRMC's affiliated transfer agent; sales charges and distribution fees received and retained by the fund's principal underwriter, an affiliate of CRMC; and possible ancillary benefits to CRMC and its institutional management affiliates in managing other investment vehicles. The board and the committee reviewed CRMC's portfolio trading practices, noting that CRMC bears the cost of third-party research. The board and committee also noted that CRMC benefited from the use of commissions from portfolio transactions made on behalf of the fund to facilitate payments to certain broker-dealers for research to comply with regulatory requirements applicable to these firms, with all such amounts reimbursed by CRMC. The board and the committee took these ancillary benefits into account in evaluating the reasonableness of the advisory fees and other amounts paid to CRMC by the fund.

**5. Adviser financial information**

The board and the committee reviewed information regarding CRMC's costs of providing services to the American Funds, including personnel, systems and resources of investment, compliance, trading, accounting and other administrative operations. They considered CRMC's costs and related cost allocation methodology, as well as its track record of investing in technology, infrastructure and staff to maintain and expand services and capabilities, respond to industry and regulatory developments, and attract and retain qualified personnel. They noted information regarding the compensation structure for CRMC's investment professionals. They reviewed information on the profitability of the investment adviser and its affiliates. The board and the committee also compared CRMC's profitability and compensation data to the reported results and data of a number of large, publicly held investment management companies. The board and the committee noted the competitiveness and cyclicality of both the mutual fund industry and the capital markets, and the importance in that environment of CRMC's long-term profitability for maintaining its independence, company culture and management continuity. They further considered the breakpoint discounts in the fund's advisory fee structure and CRMC's sharing of potential economies of scale, or efficiencies, through breakpoints and other fee reductions and costs voluntarily absorbed. The board and the committee concluded that the fund's advisory fee structure reflected a reasonable sharing of benefits between CRMC and the fund's shareholders.

---

| | |
|:---|:---|
| **76** | Intermediate Bond Fund of America |

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------

#### ITEM 8 - Changes in and Disagreements with Accountants for Open-End Management Investment Companies
On July 3, 2025, Deloitte & Touche LLP ("D&T") was dismissed and PricewaterhouseCoopers LLP ("PwC") was appointed as the fund's independent registered public accounting firm for the fiscal year ending August 31, 2026 audit. The change in the fund's independent registered public accounting firm was approved by the fund's board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. The dismissal does not affect D&T's previous engagement to audit the fund's financial statements for the fiscal year ended August 31, 2025.

D&T's reports on the fund's financial statements as of and for the fiscal years ended August 31, 2024 and August 31, 2025 did not contain an adverse opinion or disclaimer of opinion nor were they qualified or modified as to uncertainty, audit scope or accounting principles. At no point during the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, (i) were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of D&T, would have caused them to make reference to the subject matter of the disagreements in connection with their reports on the fund's financial statements for such periods, and (ii) there were no "reportable events" of the kind described in Item 304(a)(1)(v) of Regulation S-K under the Securities Exchange Act of 1934, as amended. The fund requested that D&T furnish it with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter is filed as an exhibit to this Form N-CSR.

During the fund's fiscal years ended August 31, 2024 and August 31, 2025 and the subsequent interim period through October 10, 2025, neither the fund, nor anyone on its behalf, consulted with PwC on items which: (i) concerned the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the fund's financial statements; or (ii) concerned the subject of a disagreement (as defined in paragraph (a)(1)(iv) of Item 304 of Regulation S-K) or reportable events (as described in paragraph (a)(1)(v) of said Item 304).

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#### ITEM 9 - Proxy Disclosures for Open-End Management Investment Companies
None

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#### ITEM 10 - Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
The information is included as part of the material filed under Item 7 of this Form within the trustees' deferred compensation disclosure in the notes to financial statements.

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#### ITEM 11 - Statement Regarding Basis for Approval of Investment Advisory Contract
The information is included as part of the material filed under Item 7 of this Form under Approval of Investment Advisory and Service Agreement.

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#### ITEM 12 - Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.

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#### ITEM 13 - Portfolio Managers of Closed-End Management Investment Companies
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.

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#### ITEM 14 - Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.

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#### ITEM 15 - Submission of Matters to a Vote of Security Holders
There have been no material changes to the procedures by which shareholders may recommend nominees to the Registrant's board of trustees since the Registrant last submitted a proxy statement to its shareholders. The procedures are as follows. The Registrant has a nominating and governance committee comprised solely of persons who are not considered ''interested persons'' of the Registrant within the meaning of the Investment Company Act of 1940, as amended. The committee periodically reviews such issues as the board's composition, responsibilities, committees, compensation and other relevant issues, and recommends any appropriate changes to the full board of trustees. The committee also coordinates annual self-assessments of the board and evaluates, selects and nominates independent trustee candidates to the full board of trustees. While the committee normally is able to identify from its own and other resources an ample number of qualified candidates, it will consider shareholder suggestions of persons to be considered as nominees to fill future vacancies on the board. Such suggestions must be sent in writing to the nominating and governance committee of the Registrant, c/o the Registrant's Secretary, and must be accompanied by complete biographical and occupational data on the prospective nominee, along with a written consent of the prospective nominee for consideration of his or her name by the nominating and governance committee.

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#### ITEM 16 - Controls and Procedures
(a) 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) as of a date within 90 days of the filing date of this report, that such controls and procedures are adequate and reasonably designed to achieve the purposes described in paragraph (c) of such rule.

(b) There were no changes in the Registrant's internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting.

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#### ITEM 17 - Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.

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#### ITEM 18 - Recovery of Erroneously Awarded Compensation
None

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#### ITEM 19 - Exhibits
(a)(1) Code of Ethics - See Item 2

(a)(2) The certifications required by Rule 30a-2 of the Investment Company Act of 1940 and Sections [302](cert302.htm) and [906](cert906.htm) of the Sarbanes-Oxley Act of 2002 are attached as exhibits hereto.

(a)(3) [Change in registrant's independent registered public accounting firm – Auditor's response letter to SEC is attached as an exhibit hereto.](AUDITORLETTERTOSEC.htm)

#### 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.

**Intermediate Bond Fund of America**

By /s/ Kristine M. Nishiyama

Kristine M. Nishiyama,

Principal Executive Officer

Date: October 31, 2025

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/ Kristine M. Nishiyama

Kristine M. Nishiyama,

Principal Executive Officer

Date: October 31, 2025

By /s/ Becky L. Park

Becky L. Park, Treasurer and

Principal Financial Officer

Date: October 31, 2025

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## Ex-99.Cert

**CERTIFICATION**

**I, Kristine M. Nishiyama, certify that:**

1. I have reviewed this report on Form N-CSR of **Intermediate Bond Fund of America**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;c.Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;d.Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: October 31, 2025

<u>/s/ Kristine M. Nishiyama</u> Kristine M. Nishiyama, Principal Executive Officer Intermediate Bond Fund of America

**CERTIFICATION**

I, **Becky L. Park**, certify that:

1. I have reviewed this report on Form N-CSR of **Intermediate Bond Fund of America**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;c.Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;d.Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: October 31, 2025

<u>/s/ Becky L. Park</u> Becky L. Park,

Treasurer and Principal Financial Officer

Intermediate Bond Fund of America

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## Exhibit 99.906

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

KRISTINE M. NISHIYAMA, Principal Executive Officer, and BECKY L. PARK, Treasurer and Principal Financial Officer of Intermediate Bond Fund of America (the "Registrant"), each certify to the best of her or his knowledge that:

1. The Registrant's periodic report on Form N-CSR for the period ended August 31, 2025 (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Principal Executive Officer

**Intermediate Bond Fund of America**

<u>/s/ Kristine M. Nishiyama</u>

Kristine M. Nishiyama, Principal Executive Officer

Date: October 31, 2025

Principal Financial Officer

**Intermediate Bond Fund of America**

<u>/s/ Becky L. Park</u>

Becky L. Park, Treasurer and Principal Financial Officer

Date: October 31, 2025

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to **Intermediate Bond Fund of America** and will be retained by **Intermediate Bond Fund of America** and furnished to the Securities and Exchange Commission (the "Commission") or its staff upon request.

This certification is being furnished to the Commission solely pursuant to 18 U.S.C. Section 1350 and is not being filed as part of the Form N-CSR filed with the Commission.

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## Ex-99

![Image is missing](gy8v8ifm4ro3lfycrx2qf.jpg)

**Deloitte & Touche LLP**

695 Town Center Drive,

Suite 1000

Costa Mesa, CA 92626

USA

Tel: +1 714 436 7100

Fax: +1 714 436 7200

www.deloitte.com

October 31, 2025

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549-7561

Dear Sirs/Madams:

We have read Item 8 of Intermediate Bond Fund of America's Form N-CSR dated October 31, 2025, and have the following comments:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.We agree with the statements concerning our Firm made in the ﬁrst two paragraphs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.We have no basis on which to agree or disagree with the statements made in the third paragraph.

Yours truly,

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