# EDGAR Filing Document

**Accession Number:** 0001870117
**File Stem:** 0001193125-26-098121
**Filing Date:** 2026-3
**Character Count:** 1785598
**Document Hash:** 47f8b086a87b0a23e77bae0ba48351bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-098121.hdr.sgml**: 20260309

**ACCESSION NUMBER**: 0001193125-26-098121

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 38

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260309

**DATE AS OF CHANGE**: 20260309

**EFFECTIVENESS DATE**: 20260309

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capital Group Fixed Income ETF Trust
- **CENTRAL INDEX KEY:** 0001870117

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23738
- **FILM NUMBER:** 26734157

**BUSINESS ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** (213) 486-9200

**MAIL ADDRESS:**
- **STREET 1:** 333 SOUTH HOPE STREET, 55TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Capital Group Core Plus Income ETF
- **DATE OF NAME CHANGE:** 20210629

## Series and Classes Contracts Data

### Capital Group Core Plus Income ETF (Series ID: S000074251)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000231860 | Share Class  | CGCP            |

### Capital Group Municipal Income ETF (Series ID: S000077686)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000238174 | Share Class  | CGMU            |

### Capital Group Short Duration Income ETF (Series ID: S000077687)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000238175 | Share Class  | CGSD            |

### Capital Group U.S. Multi-Sector Income ETF (Series ID: S000077688)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000238176 | Share Class  | CGMS            |

### Capital Group Core Bond ETF (Series ID: S000080918)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000243509 | Share Class  | CGCB            |

### Capital Group Short Duration Municipal Income ETF (Series ID: S000080919)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000243510 | Share Class  | CGSM            |

### Capital Group International Bond ETF (USD-Hedged) (Series ID: S000085083)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000249947 | Share class  | CGIB            |

### Capital Group Municipal High-Income ETF (Series ID: S000085084)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000249948 | Share class  | CGHM            |

### Capital Group Ultra Short Income ETF (Series ID: S000085085)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000249949 | Share class  | CGUI            |

### Capital Group High Yield Bond ETF (Series ID: S000092698)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000260733 | Share class  | CGHY            |

?xml version='1.0' encoding='ASCII'? 7441d297-96ff-45df-afc1-d3980aa30677

#### 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

#### 811-23738

#### Capital Group Fixed Income ETF Trust
(Exact name of registrant as specified in charter)

------

6455 Irvine Center Drive

Irvine, California 92618

(Address of principal executive offices)

Sandra Chuon

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:

#### December 31

#### Date of reporting period:

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

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group Core Bond ETF
**CGCB** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group Core Bond ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGCB | &nbsp;&nbsp;$28 | 0.27% |

---

#### Management's discussion of fund performance
The fund's shares gained 7.33% on a net asset value (NAV) basis and 7.28% on a market price basis for the year ended December 31, 2025. These results compare with a 7.30% gain for the Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
During the fund's fiscal year, the U.S. bond market posted strong returns. The U.S. Federal Reserve cut its policy rate three times in response to labor market weakness and broader economic uncertainty, helping to push short term yields lower. Meanwhile, long-term yields remained relatively high and supported a steepening of the yield curve. Yields on corporate bonds declined but remained elevated relative to their levels over the past 15 years.

Within the fund, an underweight to Treasuries in favor of other sectors including investment grade corporate credit and agency mortgage-backed securities contributed positively to relative results. The fund's overweight to duration for much of the year was also additive.

In terms of detractors, the fund was positioned for a steepening of the yield curve by having an overweight position to the front end of the curve and an underweight to the long end. The steepening of the yield curve added to results; however, this was more than offset by the cost of maintaining the position. Security selection within emerging markets also detracted from returns.

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

![Fund Performance - Growth of 10K](chartimages_1538855.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group Core Bond ETF (at NAV)2 | 7.33% | 6.85% |
| Bloomberg U.S. Aggregate Index3 | 7.30% | 6.72% |

---

<sup>1</sup> The fund began investment operations on September 26, 2023.

<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) | $3654 |
| Total number of portfolio holdings | 681 |
| Total advisory fees paid (in millions) | $7 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 87% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 57% |

---

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

\*Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-312-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group Core Plus Income ETF
**CGCP** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group Core Plus Income ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGCP | &nbsp;&nbsp;$35 | 0.34% |

---

#### Management's discussion of fund performance
The fund's shares gained 7.44% on a net asset value (NAV) basis and 7.34% on a market price basis for the year ended December 31, 2025. These results compare with a 7.30% gain for the Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
During the fund's fiscal year, the U.S. bond market posted strong returns. Corporate bond yields declined during the period but remained near their highest level in more than 15 years. The U.S. Federal Reserve cut its policy rate three times in response to labor market weakness and economic uncertainty, pushing short-term yields lower. Meanwhile, long-term yields remained elevated amid heavy issuance and a steepening yield curve.

Within the fund, higher allocations to agency mortgage-backed securities, commercial mortgage-back securities, and high-yield bonds were key contributors to returns for the year. Holdings in emerging markets bonds were additive, though the impact was lessened by the specific issues held. Duration positioning further supported the fund's results through having more duration exposure in a period where interest rates declined.

Conversely, holding a lesser allocation to investment-grade corporate bonds weighed on relative results. A higher allocation to asset-backed securities also detracted. Curve positioning also detracted. While the steepener positioning benefited from short-term rates declining faster than long-term rates, that benefit was outweighed by the cost of maintaining the positioning.

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

![Fund Performance - Growth of 10K](chartimages_1538679.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group Core Plus Income ETF (at NAV)2 | 7.44% | 1.85% |
| Bloomberg U.S. Aggregate Index3 | 7.30% | 0.93% |

---

<sup>1</sup> The fund began investment operations on February 22, 2022.

<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) | $6501 |
| Total number of portfolio holdings | 1471 |
| Total advisory fees paid (in millions) | $18 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 299% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 104% |

---

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

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

<sup>†</sup>Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-306-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group High Yield Bond ETF
**CGHY** for the period ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group High Yield Bond ETF (the "fund") for the period from June 24, 2025, commencement of operations, to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-literature. You can also request this information by contacting us at

(800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGHY | &nbsp;&nbsp;$21\*0.39%<sup>†</sup> |

---

<sup>\*</sup>Based on operations for the period from June 24, 2025 to December 31, 2025. Expenses for the full year would be higher.

<sup>†</sup>Annualized.

#### Management's discussion of fund performance
The fund's shares gained 4.46% on a net asset value (NAV) basis and 4.62% on a market price basis for the period from June 24, 2025 to December 31, 2025. These results compare with a 3.63% gain for the Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
The fund's holdings in the basic industry and capital goods sectors were key contributors to results. Likewise, communications and technology holdings helped returns relative to the index. From a rating perspective, high-yield bonds contributed positively to the portfolio, particularly in terms of bonds rated CCC and below.

Conversely, investments in the consumer noncyclical sector and in cash and money market instruments weighed on returns relative to the index. Likewise, exposure to derivatives generated modestly negative returns during the period.

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

![Fund Performance - Growth of 10K](chartimages_1539075.jpg)

#### Average annual total returns

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group High Yield Bond ETF (at NAV)2 | 4.46% |
| Bloomberg U.S. Aggregate Index3 | 3.63% |
| Bloomberg U.S. Corp High Yield 2% Issuer Capped Index3 | 4.47% |

---

<sup>1</sup> The fund began investment operations on June 24, 2025.

<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 thousands) | $53180 |
| Total number of portfolio holdings | 180 |
| Total advisory fees paid (in thousands) | $105 |
| Portfolio turnover rate | 36% |

---

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

\*Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-326-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group International Bond ETF (USD-Hedged)
**CGIB** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group International Bond ETF (USD-Hedged) (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGIB | &nbsp;&nbsp;$46 | 0.45% |

---

#### Management's discussion of fund performance
The fund's shares gained 4.53% on a net asset value (NAV) basis and 4.69% on a market price basis for the year ended December 31, 2025. These results compare with a 2.80% gain for the Bloomberg Global Aggregate ex-USD (USD Hedged) Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
During the fund's fiscal year, ending December 31, 2025, overseas bonds delivered strong returns, supported by a weaker U.S. dollar. Stable inflation in the eurozone prompted the European Central Bank to hold key benchmark rates steady during the second half of the year, whereas central banks in many emerging markets continued to ease rates. Meanwhile, Japanese government bonds delivered muted returns amid rising domestic yields. Overall, bond yields in overseas markets remained broadly steady.

Within the fund, most broad sectors contributed positively to overall returns, with interest rate views expressed through forwards and derivative contracts being additive relative to the benchmark. Exposure to U.S. agency mortgages and securitized credit also had a meaningfully positive impact on results. Bonds domiciled in Brazil and Malaysia were key contributors, while investments in Mexican, South Korean and Colombian bonds further supported relative returns. Furthermore, duration positioning benefited the fund's relative results.

Conversely, an underweight to select eurozone issuers, where underlying results were strong, was the largest negative currency impact over the prior 12 months. To a lesser degree, a less-than-benchmark allocation to Canadian bonds also weighed on relative results. Finally, select bond holdings in China, Israel and Indonesia, all of which were underweights relative to the index, came at the detriment to relative results as these pockets of the global market outperformed.

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

![Fund Performance - Growth of 10K](chartimages_1538987.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group International Bond ETF (USD-Hedged) (at NAV)2 | 4.53% | 4.85% |
| Bloomberg U.S. Aggregate Index3 | 7.30% | 5.59% |
| Bloomberg Global Aggregate ex-USD (USD Hedged) Index3 | 2.80% | 4.47% |

---

<sup>1</sup> The fund began investment operations on June 25, 2024.

<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 thousands) | $150463 |
| Total number of portfolio holdings | 304 |
| Total advisory fees paid (in thousands) | $297 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 188% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 154% |

---

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

\*Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-321-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group Municipal Income ETF
**CGMU** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group Municipal Income ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGMU | &nbsp;&nbsp;$28 | 0.27% |

---

#### Management's discussion of fund performance
The fund's shares gained 5.23% on a net asset value (NAV) basis and 5.19% on a market price basis for the year ended December 31, 2025. These results compare with a 4.95% gain for the 85%/15% Bloomberg 1-15 Year Blend (1-17 Year) Municipal Bond Index/Bloomberg 1-15 Year Blend (1-17 Year) High Yield Municipal Bond Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
U.S. municipal bonds posted strong returns during the fund's fiscal year. At the same time, the U.S. Federal Reserve cut rates three times in response to growing labor market weakness. Long-term municipal yields initially rose to a multi-year high before gradually declining amid heightened market volatility and strong investor demand. The municipal yield curve remains steep relative to the last five years, continuing the appeal of longer dated maturities.

Within the fund, investments in housing bonds were particularly additive. Holdings in the corporate, transportation and health care sectors also added value. Additionally, duration and curve positioning helped the fund's relative returns.

Conversely, the fund's holdings in general obligation and non-general obligation government bonds weighed on returns relative to the benchmark. Likewise, investments in utility and escrowed bonds negatively impacted relative results.

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

![Fund Performance - Growth of 10K](chartimages_1538811.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group Municipal Income ETF (at NAV)2 | 5.23% | 6.22% |
| Bloomberg Municipal Bond Index3 | 4.25% | 5.21% |
| 85%/15% Bloomberg 1-15 Year Blend (1-17 Year) Municipal Bond Index/Bloomberg 1-15 Year Blend (1-17 Year) High Yield Municipal Bond Index<sup>3</sup> | 4.95% | 5.03% |

---

<sup>1</sup> The fund began investment operations on October 25, 2022.

<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) | $4803 |
| Total number of portfolio holdings | 1938 |
| Total advisory fees paid (in millions) | $10 |
| Portfolio turnover rate | 26% |

---

**Portfolio quality summary \*** (percent of net assets)

<sup>\*</sup> Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch as an indication of an issuer's creditworthiness. In assigning a credit rating to a security, the fund looks specifically to the ratings assigned to the issuer of the security by Standard & Poor's, Moody's and/or Fitch. If agency ratings differ, the security will be considered to have received the highest of those ratings, consistent with the fund's investment policies. Securities in the "unrated" category (above) have not been rated by a rating agency; however, the investment adviser performs its own credit analysis and assigns comparable ratings that are used for compliance with the fund's investment policies.

<sup>†</sup> Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-309-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group Municipal High-Income ETF
**CGHM** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group Municipal High-Income ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGHM | &nbsp;&nbsp;$35 | 0.34% |

---

#### Management's discussion of fund performance
The fund's shares gained 4.40% on a net asset value (NAV) basis and 4.55% on a market price basis for the year ended December 31, 2025. These results compare with a 3.36% gain for the 70%/20%/10% Bloomberg Muni HY Index/Bloomberg Muni BBB Index/Bloomberg Muni Bond Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
Over the past year, the municipal bond market delivered solid results as investors responded to shifting monetary policy and improving sentiment. The Federal Reserve lowered interest rates several times, which supported demand for tax exempt securities. Short maturity yields generally moved lower, while longer maturities experienced periods of volatility before easing toward year end. Overall conditions remained supportive for income oriented strategies within the municipal market.

Most sectors within the fund contributed positively to results. Housing-related holdings were especially additive, while corporate and transportation exposures also enhanced returns. Utilities contributed gains as well, though to a lesser extent. Curve positioning provided additional support during the period, while duration positioning remained broadly neutral. High-yield municipal bonds further benefited the portfolio as tax equivalent yields remained attractive relative to other risk assets.

Most sectors within the fund contributed positively to results. Housing-related holdings were especially additive, while corporate and transportation exposures also enhanced returns. Utilities contributed gains as well, though to a lesser extent. Curve positioning provided additional support during the period, while duration positioning remained broadly neutral. High-yield municipal bonds further benefited the portfolio as tax equivalent yields remained attractive relative to other risk assets.

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

![Fund Performance - Growth of 10K](chartimages_1539031.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group Municipal High-Income ETF (at NAV)2 | 4.40% | 4.74% |
| Bloomberg Municipal Bond Index3 | 4.25% | 3.63% |
| 70%/20%/10% Bloomberg Muni HY Index/Bloomberg Muni BBB Index/Bloomberg Muni Bond Index3 | 3.36% | 3.45% |

---

<sup>1</sup> The fund began investment operations on June 25, 2024.

<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) | $2483 |
| Total number of portfolio holdings | 3283 |
| Total advisory fees paid (in millions) | $3 |
| Portfolio turnover rate | 15% |

---

**Portfolio quality summary \*** (percent of net assets)

<sup>\*</sup> Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch as an indication of an issuer's creditworthiness. In assigning a credit rating to a security, the fund looks specifically to the ratings assigned to the issuer of the security by Standard & Poor's, Moody's and/or Fitch. If agency ratings differ, the security will be considered to have received the highest of those ratings, consistent with the fund's investment policies. Securities in the "unrated" category (above) have not been rated by a rating agency; however, the investment adviser performs its own credit analysis and assigns comparable ratings that are used for compliance with the fund's investment policies.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-322-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group Short Duration Income ETF
**CGSD** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group Short Duration Income ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGSD | &nbsp;&nbsp;$26 | 0.25% |

---

#### Management's discussion of fund performance
The fund's shares gained 6.20% on a net asset value (NAV) basis and 6.11% on a market price basis for the year ended December 31, 2025. These results compare with a 5.35% gain for the Bloomberg U.S. Government/Credit (1-3 years) Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
During the fund's fiscal year, the U.S. bond market posted strong returns. Corporate bond yields declined during the period, resulting in positive excess returns. Securitized bonds also had strong returns. The U.S. Federal Reserve cut its policy rate three times in response to labor market weakness and economic uncertainty. This pushed U.S. short-term yields lower, and the yield curve steepened.

Within the fund, holdings in securitized debt and investment-grade corporate bonds were significant contributors relative to the benchmark. Duration positioning also added to relative returns.

The fund was positioned for a steepening of the yield curve and was modestly overweight to the front end of the curve and underweight to the 10-year section of the curve. The steepening of the yield curve added to results. However, this was more than offset by negative convexity from mortgage positions, negative roll-down effects and negative government carry from derivative positions, which all detracted. Certain asset-backed securities were among the top detractors by issuer.

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

![Fund Performance - Growth of 10K](chartimages_1538723.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group Short Duration Income ETF (at NAV)2 | 6.20% | 5.85% |
| Bloomberg U.S. Aggregate Index3 | 7.30% | 5.55% |
| Bloomberg U.S. Government/Credit (1-3 years) Index3 | 5.35% | 4.83% |

---

<sup>1</sup> The fund began investment operations on October 25, 2022.

<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) | $1872 |
| Total number of portfolio holdings | 965 |
| Total advisory fees paid (in millions) | $3 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 128% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 32% |

---

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

\*Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-307-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group Short Duration Municipal Income ETF
**CGSM** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group Short Duration Municipal Income ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGSM | &nbsp;&nbsp;$26 | 0.25% |

---

#### Management's discussion of fund performance
The fund's shares gained 4.67% on a net asset value (NAV) basis and 4.58% on a market price basis for the year ended December 31, 2025. These results compare with a 4.11% gain for the Bloomberg Municipal Short 1-5 Years Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
During the fund's fiscal year, U.S. municipal bonds posted strong returns. The U.S. Federal Reserve cut rates three times in response to ongoing labor market weakness. Long-term municipal yields initially rose to a multi-year high amid heightened market volatility and strong investor demand. The municipal yield curve remains steep relative to the last five years, continuing the appeal of longer dated maturities.

During the fund period, sector allocation contributed to relative returns, mainly due to significant overweights in housing and corporate bonds along with a sizable underweight to general obligation debt. Security selection in special tax bonds, as well as utilities, health care and education were also positive.

Security selection in corporates and governmental (non-general obligation) bonds slightly detracted from relative returns.

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

![Fund Performance - Growth of 10K](chartimages_1538899.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group Short Duration Municipal Income ETF (at NAV)2 | 4.67% | 5.53% |
| Bloomberg Municipal Bond Index3 | 4.25% | 5.58% |
| Bloomberg Municipal Short 1-5 Years Index3 | 4.11% | 4.21% |

---

<sup>1</sup> The fund began investment operations on September 26, 2023.

<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) | $954 |
| Total number of portfolio holdings | 797 |
| Total advisory fees paid (in millions) | $2 |
| Portfolio turnover rate | 55% |

---

**Portfolio quality summary \*** (percent of net assets)

<sup>\*</sup> Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch as an indication of an issuer's creditworthiness. In assigning a credit rating to a security, the fund looks specifically to the ratings assigned to the issuer of the security by Standard & Poor's, Moody's and/or Fitch. If agency ratings differ, the security will be considered to have received the highest of those ratings, consistent with the fund's investment policies. Securities in the "unrated" category (above) have not been rated by a rating agency; however, the investment adviser performs its own credit analysis and assigns comparable ratings that are used for compliance with the fund's investment policies.

<sup>†</sup> Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-313-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group Ultra Short Income ETF
**CGUI** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group Ultra Short Income ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGUI | &nbsp;&nbsp;$18 | 0.18% |

---

#### Management's discussion of fund performance
The fund's shares gained 4.97% on a net asset value (NAV) basis and 5.01% on a market price basis for the year ended December 31, 2025. These results compare with a 4.18% gain for the ICE BofA 3 Month US Treasury Bill Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
During the fund's fiscal year, U.S. short-term bonds delivered positive returns. In 2025, the U.S. Federal Reserve (Fed) implemented three rate cuts to support growth amid weakening labor market conditions. Short-term yields continued to decline, reflecting shifting expectations around the Fed's rate cut trajectory. Notably, the yield on the U.S. three-month Treasury bill dropped to its lowest point in nearly three years.

Most sectors posted gains. Short-maturity investment-grade corporate bonds were the largest contributor to relative results as they represent roughly 50% of the fund. The allocation to financials added the most, followed by industrials. Commercial paper and government-related also added value, though to a lesser extent. Duration and curve positioning further contributed to the fund's relative returns.

The sector allocation to asset-backed securities (ABS), which represent the largest securitized holdings, detracted slightly due to issuer-specific challenges.

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

![Fund Performance - Growth of 10K](chartimages_1538943.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group Ultra Short Income ETF (at NAV)2 | 4.97% | 5.37% |
| Bloomberg U.S. Aggregate Index3 | 7.30% | 5.59% |
| ICE BofA 3 Month US Treasury Bill Index3 | 4.18% | 4.50% |

---

<sup>1</sup> The fund began investment operations on June 25, 2024.

<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. and ICE Data Indices, LLC.

**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 thousands) | $186620 |
| Total number of portfolio holdings | 335 |
| Total advisory fees paid (in thousands) | $141 |
| Portfolio turnover rate | 90% |

---

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

\*Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-320-0226© 2026 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2387.jpg)

ANNUAL SHAREHOLDER REPORT

## Capital Group U.S. Multi-Sector Income ETF
**CGMS** for the year ended December 31, 2025

Stock Exchange: **NYSE Arca, Inc.**

This annual shareholder report contains important information about Capital Group U.S. Multi-Sector Income ETF (the "fund") for the period from January 1, 2025 to December 31, 2025. You can find additional information about the fund at

capitalgroup.com/ETF-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;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;CGMS | &nbsp;&nbsp;$41 | 0.39% |

---

#### Management's discussion of fund performance
The fund's shares gained 7.88% on a net asset value (NAV) basis and 7.52% on a market price basis for the year ended December 31, 2025. These results compare with a 7.30% gain for the Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to

capitalgroup.com/ETF-returns.

#### What factors influenced results
During the fund's fiscal year, the U.S. bond market posted strong returns. Corporate bond yields declined during the period but remained near their highest level in more than 15 years. The U.S. Federal Reserve cut its policy rate three times in response to labor market weakness and economic uncertainty, pushing short-term yields lower. Meanwhile, long-term yields remained elevated amid heavy issuance and a steepening yield curve.

The fund's holdings in investment-grade corporate bonds, high-yield derivatives and opportunistic bonds were particularly additive to results relative to the benchmark. Investment-grade derivatives and securitized debt also produced modest positive returns.

Conversely, investments in high-yield corporate bonds and cash & money market instruments weighed on returns relative to the benchmark. Additionally, exposure to forward contracts negatively impacted relative results.

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

![Fund Performance - Growth of 10K](chartimages_1538767.jpg)

#### Average annual total returns

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| Capital Group U.S. Multi-Sector Income ETF (at NAV)2 | 7.88% | 9.53% |
| Bloomberg U.S. Aggregate Index3 | 7.30% | 5.55% |
| Bloomberg Custom Multi-Sector Composite Index3 | 8.19% | 8.91% |

---

<sup>1</sup> The fund began investment operations on October 25, 2022.

<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) | $3930 |
| Total number of portfolio holdings | 1407 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 52% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 40% |

---

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

\*Includes derivatives.

Availability of additional information

Additional information about the fund, including its prospectus, financial information, holdings, and proxy voting information is available at

capitalgroup.com/ETF-literature.

#### 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. ETMXARX-308-0226© 2026 Capital Group. All rights reserved.

------

#### 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.

------

#### ITEM 3 - Audit Committee Financial Expert
The Registrant's board has determined that Leslie Stone Heisz, 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.

------

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **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 | (d) All Other Fees |
| **December 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246000 |  |  |  |
| **December 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192000 |  |  |  |
| **Adviser and Affiliates<sup>2</sup>** |  |  |  |  |
| **December 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable |  |  |  |
| **December 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;44000 |  |  |

---

---

| | |
|:---|:---|
| **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** |
| **December 31, 2025** |  |
| **December 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44000 |

---

<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
a) The following individuals are members of the registrant's separately designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(58)(A)):

Vanessa C. L. Chang

Jennifer C. Feikin

Pablo R. González Guajardo

Leslie Stone Heisz

William D. Jones

b) Not applicable

------

#### 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

------

![](img2ae81ba11.jpg)

**Capital Group**

**Fixed Income ETF**

**Trust**

Financial Statements and Other Information

N-CSR Items 7-11

for the year ended December 31, 2025

Lit. No. ETGEFP4-350-0226© 2026 Capital Group. All rights reserved.

------

Capital Group Core Bond ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 96.43% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes 40.76%** | **Corporate bonds and notes 40.76%** | **Corporate bonds and notes 40.76%** |
| **Financials 20.64%** |  |  |
| AIB Group PLC 6.608% 9/13/2029 (USD-SOFR + 2.33% on 9/13/2028) <sup>(a)(b)</sup>  | USD<br> 22,479<br>| $23879 |
| American International Group, Inc. 4.85% 5/7/2030  | 8850 | 9076 |
| Arthur J. Gallagher & Co. 4.85% 12/15/2029  | 12023 | 12311 |
| Bank of America Corp. 3.974% 2/7/2030 (3-month USD CME Term SOFR + 1.472% on 2/7/2029) <sup>(b)</sup>  | 43619 | 43396 |
| BNP Paribas SA 2.591% 1/20/2028 (USD-SOFR + 1.228% on 1/20/2027) <sup>(a)(b)</sup>  | 10310 | 10153 |
| BNP Paribas SA 5.497% 5/20/2030 (USD-SOFR + 1.59% on 5/20/2029) <sup>(a)(b)</sup>  | 13563 | 14043 |
| BPCE SA 2.045% 10/19/2027 (USD-SOFR + 1.087% on 10/19/2026) <sup>(a)(b)</sup>  | 7238 | 7122 |
| BPCE SA 5.716% 1/18/2030 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.959% on <br> 1/18/2029) <sup>(a)(b)</sup>  | 15388 | 15935 |
| BPCE SA 5.876% 1/14/2031 (USD-SOFR + 1.68% on 1/14/2030) <sup>(a)(b)</sup>  | 16973 | 17747 |
| CaixaBank SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(a)(b)</sup>  | 28589 | 29730 |
| CaixaBank SA 4.634% 7/3/2029 (USD-SOFR + 1.14% on 7/3/2028) <sup>(a)(b)</sup>  | 23324 | 23583 |
| Citigroup, Inc. 4.542% 9/19/2030 (USD-SOFR + 1.338% on 9/19/2029) <sup>(b)</sup>  | 14221 | 14343 |
| Citigroup, Inc. 4.412% 3/31/2031 (USD-SOFR + 3.914% on 3/31/2030) <sup>(b)</sup>  | 8261 | 8262 |
| Danske Bank AS 4.298% 4/1/2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on <br> 4/1/2027) <sup>(a)(b)</sup>  | 25573 | 25632 |
| Deutsche Bank AG 2.311% 11/16/2027 (USD-SOFR + 1.219% on 11/16/2026) <sup>(b)</sup>  | 11557 | 11372 |
| Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) <sup>(b)</sup>  | 29528 | 31520 |
| 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>(a)(b)</sup>  | 2214 | 2192 |
| Fifth Third Bancorp 6.339% 7/27/2029 (USD-SOFR + 2.34% on 7/27/2028) <sup>(b)</sup>  | 26740 | 28167 |
| Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) <sup>(b)</sup>  | 21331 | 22290 |
| Goldman Sachs Group, Inc. 4.692% 10/23/2030 (USD-SOFR + 1.135% on 10/23/2029) <sup>(b)</sup>  | 8618 | 8738 |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(b)</sup>  | 9486 | 9800 |
| Goldman Sachs Group, Inc. 4.369% 10/21/2031 (USD-SOFR + 1.06% on 10/21/2030) <sup>(b)</sup>  | 6319 | 6305 |
| HSBC Holdings PLC 4.583% 6/19/2029 (3-month USD CME Term SOFR + 1.796% on 6/19/2028) <sup>(b)</sup>  | 37054 | 37408 |
| HSBC Holdings PLC 4.619% 11/6/2031 (USD-SOFR + 1.19% on 11/6/2030) <sup>(b)</sup>  | 3130 | 3140 |
| JPMorgan Chase & Co. 6.07% 10/22/2027 (USD-SOFR + 1.33% on 10/22/2026) <sup>(b)</sup>  | 4048 | 4113 |
| JPMorgan Chase & Co. 5.04% 1/23/2028 (USD-SOFR + 1.19% on 1/23/2027) <sup>(b)</sup>  | 4327 | 4373 |
| JPMorgan Chase & Co. 4.203% 7/23/2029 (3-month USD CME Term SOFR + 1.522% on 7/23/2028) <sup>(b)</sup>  | 35245 | 35368 |
| JPMorgan Chase & Co. 5.14% 1/24/2031 (USD-SOFR + 0.90% on 1/24/2030) <sup>(b)</sup>  | 8223 | 8501 |
| JPMorgan Chase & Co. 5.103% 4/22/2031 (USD-SOFR + 1.435% on 4/22/2030) <sup>(b)</sup>  | 100 | 103 |
| JPMorgan Chase & Co. 4.255% 10/22/2031 (USD-SOFR + 0.93% on 10/22/2030) <sup>(b)</sup>  | 5315 | 5300 |
| JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031) <sup>(b)</sup>  | 1065 | 950 |
| KBC Groep NV 5.796% 1/19/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.10% on <br> 1/19/2028) <sup>(a)(b)</sup>  | 31487 | 32526 |
| Lloyds Banking Group PLC 5.871% 3/6/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.70% <br> on 3/6/2028) <sup>(b)</sup>  | 20303 | 21057 |
| Metropolitan Life Global Funding I 5.15% 3/28/2033 <sup>(a)</sup>  | 7300 | 7515 |
| Mizuho Financial Group, Inc. 5.376% 5/26/2030 (1-year UST Yield Curve Rate T Note Constant Maturity + <br> 1.12% on 5/26/2029) <sup>(b)</sup>  | 11048 | 11433 |
| Morgan Stanley 5.123% 2/1/2029 (USD-SOFR + 1.73% on 2/1/2028) <sup>(b)</sup>  | 35955 | 36708 |
| Morgan Stanley 5.042% 7/19/2030 (USD-SOFR + 1.215% on 7/19/2029) <sup>(b)</sup>  | 22683 | 23263 |
| Morgan Stanley 4.654% 10/18/2030 (USD-SOFR + 1.10% on 10/18/2029) <sup>(b)</sup>  | 9391 | 9507 |
| NatWest Group PLC 4.964% 8/15/2030 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.22% on <br> 8/15/2029) <sup>(b)</sup>  | 21428 | 21877 |
| PNC Financial Services Group, Inc. 6.615% 10/20/2027 (USD-SOFR + 1.73% on 10/20/2026) <sup>(b)</sup>  | 750 | 765 |
| PNC Financial Services Group, Inc. 5.582% 6/12/2029 (USD-SOFR + 1.841% on 6/12/2028) <sup>(b)</sup>  | 17922 | 18592 |
| PNC Financial Services Group, Inc. 4.812% 10/21/2032 (USD-SOFR + 1.289% on 10/21/2031) <sup>(b)</sup>  | 8034 | 8179 |
| Truist Financial Corp. 5.435% 1/24/2030 (USD-SOFR + 1.62% on 1/24/2029) <sup>(b)</sup>  | 26080 | 27005 |
| U.S. Bancorp 4.653% 2/1/2029 (USD-SOFR + 1.23% on 2/1/2028) <sup>(b)</sup>  | 1382 | 1400 |
| U.S. Bancorp 5.046% 2/12/2031 (USD-SOFR + 1.061% on 2/12/2030) <sup>(b)</sup>  | 10058 | 10335 |
| UBS Group AG 5.617% 9/13/2030 (1-year USD-ICE SOFR Swap + 1.34% on 9/13/2029) <sup>(a)(b)</sup>  | 8577 | 8962 |
| Wells Fargo & Co. 5.574% 7/25/2029 (USD-SOFR + 1.74% on 7/25/2028) <sup>(b)</sup>  | 18798 | 19481 |
| Westpac Banking Corp. 4.11% 7/24/2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 2.00% on <br> 7/24/2029) <sup>(b)</sup>  | 21114 | 20790 |
|  |  | 754247 |
| **Utilities 4.78%** |  |  |
| DTE Energy Co. 5.10% 3/1/2029  | 24629 | 25246 |

---

---

| | |
|:---|:---|
| **1** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Utilities (continued)** |  |  |
| Edison International 4.125% 3/15/2028  | USD<br> 3,109<br>| $3076 |
| Edison International 5.45% 6/15/2029  | 50 | 51 |
| Edison International 6.95% 11/15/2029  | 165 | 176 |
| Edison International 6.25% 3/15/2030  | 1448 | 1515 |
| Enel Finance International NV 2.125% 7/12/2028 <sup>(a)</sup>  | 2030 | 1931 |
| Enel Finance International NV 4.125% 9/30/2028 <sup>(a)</sup>  | 11345 | 11328 |
| FirstEnergy Corp. 2.65% 3/1/2030  | 10986 | 10249 |
| Georgia Power Co. 4.95% 5/17/2033  | 16155 | 16480 |
| Pacific Gas and Electric Co. 5.00% 6/4/2028  | 6810 | 6933 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028  | 11878 | 11968 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 15885 | 15824 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 3475 | 3575 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 3132 | 2651 |
| PacifiCorp 5.10% 2/15/2029  | 30797 | 31439 |
| Public Service Enterprise Group, Inc. 4.90% 3/15/2030  | 11125 | 11381 |
| Southern California Edison Co. 5.25% 3/15/2030  | 5501 | 5645 |
| Southern California Edison Co. 5.45% 6/1/2031  | 14581 | 15097 |
|  |  | 174565 |
| **Health care 3.89%** |  |  |
| AbbVie, Inc. 5.05% 3/15/2034  | 8051 | 8277 |
| Amgen, Inc. 5.25% 3/2/2033  | 19177 | 19857 |
| Baxter International, Inc. 2.272% 12/1/2028  | 34106 | 32205 |
| Baxter International, Inc. 4.45% 2/15/2029  | 3307 | 3319 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 14950 | 15546 |
| Centene Corp. 4.25% 12/15/2027  | 4082 | 4060 |
| Cigna Group (The) 5.00% 5/15/2029  | 6918 | 7107 |
| CVS Health Corp. 5.40% 6/1/2029  | 21167 | 21933 |
| Pfizer Investment Enterprises Pte., Ltd. 4.75% 5/19/2033  | 11354 | 11478 |
| Takeda U.S. Financing, Inc. 5.20% 7/7/2035  | 3700 | 3770 |
| UnitedHealth Group, Inc. 5.35% 2/15/2033  | 10825 | 11282 |
| Viatris, Inc. 2.70% 6/22/2030  | 3441 | 3147 |
| Viatris, Inc. 4.00% 6/22/2050  | 357 | 238 |
|  |  | 142219 |
| **Industrials 2.51%** |  |  |
| BAE Systems PLC 5.125% 3/26/2029 <sup>(a)</sup>  | 19781 | 20359 |
| Boeing Co. (The) 5.04% 5/1/2027  | 37395 | 37794 |
| Boeing Co. (The) 6.259% 5/1/2027  | 23692 | 24319 |
| LG Energy Solution, Ltd. 5.25% 4/2/2028 <sup>(a)</sup>  | 9122 | 9301 |
|  |  | 91773 |
| **Consumer discretionary 1.90%** |  |  |
| Ford Motor Credit Co., LLC 5.80% 3/5/2027  | 25093 | 25416 |
| General Motors Financial Co., Inc. 4.20% 10/27/2028  | 15221 | 15246 |
| Hyundai Capital America 5.275% 6/24/2027 <sup>(a)</sup>  | 9818 | 9988 |
| Hyundai Capital America 4.55% 9/26/2029 <sup>(a)</sup>  | 4105 | 4131 |
| Hyundai Capital America 5.15% 3/27/2030 <sup>(a)</sup>  | 8458 | 8672 |
| Stellantis Finance US, Inc. 5.35% 3/17/2028 <sup>(a)</sup>  | 1264 | 1289 |
| Volkswagen Group of America Finance, LLC 4.90% 8/14/2026 <sup>(a)</sup>  | 4626 | 4646 |
|  |  | 69388 |
| **Information technology 1.73%** |  |  |
| Broadcom, Inc. 3.469% 4/15/2034  | 11614 | 10594 |
| Microchip Technology, Inc. 5.05% 3/15/2029  | 7611 | 7769 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 2498 | 2550 |
| Oracle Corp. 4.45% 9/26/2030  | 17870 | 17487 |

---

Capital Group Fixed Income ETF Trust<sub>2</sub>

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Information technology (continued)** |  |  |
| Oracle Corp. 4.80% 9/26/2032  | USD<br> 6,446<br>| $6225 |
| Roper Technologies, Inc. 4.50% 10/15/2029  | 9340 | 9440 |
| SK hynix, Inc. 6.375% 1/17/2028 <sup>(a)</sup>  | 8617 | 9005 |
|  |  | 63070 |
| **Energy 1.69%** |  |  |
| Diamondback Energy, Inc. 5.15% 1/30/2030  | 11570 | 11914 |
| Energy Transfer, LP 5.25% 7/1/2029  | 20069 | 20664 |
| Enterprise Products Operating, LLC 4.60% 1/15/2031  | 7764 | 7862 |
| GreenSaif Pipelines Bidco SARL 5.852% 2/23/2036 <sup>(a)</sup>  | 4349 | 4554 |
| South Bow USA Infrastructure Holdings, LLC 4.911% 9/1/2027  | 16533 | 16694 |
|  |  | 61688 |
| **Consumer staples 1.66%** |  |  |
| BAT Capital Corp. 6.343% 8/2/2030  | 10236 | 11075 |
| BAT Capital Corp. 5.35% 8/15/2032  | 7902 | 8225 |
| Constellation Brands, Inc. 2.875% 5/1/2030  | 10310 | 9707 |
| Imperial Brands Finance PLC 4.50% 6/30/2028 <sup>(a)</sup>  | 13196 | 13305 |
| Mars, Inc. 4.80% 3/1/2030 <sup>(a)</sup>  | 17777 | 18171 |
|  |  | 60483 |
| **Communication services 1.57%** |  |  |
| Charter Communications Operating, LLC 6.10% 6/1/2029  | 6472 | 6758 |
| Charter Communications Operating, LLC 6.384% 10/23/2035  | 7068 | 7301 |
| Meta Platforms, Inc. 4.60% 11/15/2032  | 12008 | 12108 |
| T-Mobile USA, Inc. 3.875% 4/15/2030  | 15663 | 15406 |
| T-Mobile USA, Inc. 5.125% 5/15/2032  | 4249 | 4374 |
| Verizon Communications, Inc. 2.355% 3/15/2032  | 1630 | 1437 |
| Verizon Communications, Inc. 4.75% 1/15/2033  | 9901 | 9896 |
|  |  | 57280 |
| **Materials 0.22%** |  |  |
| Chevron Phillips Chemical Co., LLC 4.75% 5/15/2030 <sup>(a)</sup>  | 8078 | 8187 |
| **Real estate 0.17%** |  |  |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 3150 | 3226 |
| Piedmont Operating Partnership, LP 5.625% 1/15/2033  | 2914 | 2945 |
|  |  | 6171 |
| **Total corporate bonds and notes** |  | 1489071 |
| **Mortgage-backed obligations 31.31%** | **Mortgage-backed obligations 31.31%** | **Mortgage-backed obligations 31.31%** |
| **Federal agency mortgage-backed obligations 23.96%** |  |  |
| Fannie Mae Pool #FS3550 2.50% 1/1/2051 <sup>(c)</sup>  | 849 | 720 |
| Fannie Mae Pool #FS5929 2.50% 1/1/2051 <sup>(c)</sup>  | 483 | 409 |
| Fannie Mae Pool #FM6031 2.00% 2/1/2051 <sup>(c)</sup>  | 18029 | 14605 |
| Fannie Mae Pool #BQ7729 2.50% 3/1/2051 <sup>(c)</sup>  | 1521 | 1287 |
| Fannie Mae Pool #CA9390 2.50% 3/1/2051 <sup>(c)</sup>  | 919 | 778 |
| Fannie Mae Pool #BR6304 2.50% 4/1/2051 <sup>(c)</sup>  | 23 | 19 |
| Fannie Mae Pool #FM7304 2.50% 5/1/2051 <sup>(c)</sup>  | 820 | 694 |
| Fannie Mae Pool #CB0517 2.50% 5/1/2051 <sup>(c)</sup>  | 604 | 513 |
| Fannie Mae Pool #FM7325 2.50% 5/1/2051 <sup>(c)</sup>  | 515 | 438 |
| Fannie Mae Pool #BR9603 2.50% 5/1/2051 <sup>(c)</sup>  | 17 | 14 |
| Fannie Mae Pool #FM8315 2.50% 7/1/2051 <sup>(c)</sup>  | 922 | 784 |
| Fannie Mae Pool #BQ0991 2.50% 7/1/2051 <sup>(c)</sup>  | 457 | 386 |
| Fannie Mae Pool #CB1295 2.00% 8/1/2051 <sup>(c)</sup>  | 2672 | 2174 |

---

---

| | |
|:---|:---|
| **3** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fannie Mae Pool #FM8422 2.50% 8/1/2051 <sup>(c)</sup>  | USD<br> 6,252<br>| $5299 |
| Fannie Mae Pool #FM8745 2.50% 9/1/2051 <sup>(c)</sup>  | 966 | 821 |
| Fannie Mae Pool #BU0341 2.50% 9/1/2051 <sup>(c)</sup>  | 16 | 13 |
| Fannie Mae Pool #CB1810 3.00% 10/1/2051 <sup>(c)</sup>  | 11537 | 10219 |
| Fannie Mae Pool #MA4465 2.00% 11/1/2051 <sup>(c)</sup>  | 3340 | 2714 |
| Fannie Mae Pool #CB2092 2.50% 11/1/2051 <sup>(c)</sup>  | 9796 | 8292 |
| Fannie Mae Pool #CB2211 2.50% 11/1/2051 <sup>(c)</sup>  | 3593 | 3060 |
| Fannie Mae Pool #BQ7453 2.50% 11/1/2051 <sup>(c)</sup>  | 442 | 377 |
| Fannie Mae Pool #BU3058 2.50% 12/1/2051 <sup>(c)</sup>  | 6428 | 5452 |
| Fannie Mae Pool #BQ7006 2.00% 1/1/2052 <sup>(c)</sup>  | 2537 | 2061 |
| Fannie Mae Pool #MA4512 2.50% 1/1/2052 <sup>(c)</sup>  | 3466 | 2958 |
| Fannie Mae Pool #FS4203 2.50% 1/1/2052 <sup>(c)</sup>  | 268 | 227 |
| Fannie Mae Pool #FS6479 2.50% 1/1/2052 <sup>(c)</sup>  | 106 | 90 |
| Fannie Mae Pool #MA4547 2.00% 2/1/2052 <sup>(c)</sup>  | 7415 | 6018 |
| Fannie Mae Pool #MA4562 2.00% 3/1/2052 <sup>(c)</sup>  | 9520 | 7725 |
| Fannie Mae Pool #CB3744 2.50% 3/1/2052 <sup>(c)</sup>  | 77 | 66 |
| Fannie Mae Pool #FS4433 2.50% 3/1/2052 <sup>(c)</sup>  | 27 | 23 |
| Fannie Mae Pool #FS1598 2.00% 4/1/2052 <sup>(c)</sup>  | 3642 | 2955 |
| Fannie Mae Pool #MA4577 2.00% 4/1/2052 <sup>(c)</sup>  | 3560 | 2889 |
| Fannie Mae Pool #MA4578 2.50% 4/1/2052 <sup>(c)</sup>  | 4700 | 3999 |
| Fannie Mae Pool #CB3520 2.50% 4/1/2052 <sup>(c)</sup>  | 705 | 598 |
| Fannie Mae Pool #MA4597 2.00% 5/1/2052 <sup>(c)</sup>  | 4243 | 3443 |
| Fannie Mae Pool #FS5387 2.50% 5/1/2052 <sup>(c)</sup>  | 976 | 826 |
| Fannie Mae Pool #MA4623 2.50% 6/1/2052 <sup>(c)</sup>  | 1044 | 889 |
| Fannie Mae Pool #CB3891 3.00% 6/1/2052 <sup>(c)</sup>  | 1582 | 1415 |
| Fannie Mae Pool #MA4651 2.00% 7/1/2052 <sup>(c)</sup>  | 2170 | 1759 |
| Fannie Mae Pool #FS7879 2.50% 7/1/2052 <sup>(c)</sup>  | 5099 | 4324 |
| Fannie Mae Pool #FS5493 2.50% 7/1/2052 <sup>(c)</sup>  | 2717 | 2308 |
| Fannie Mae Pool #FS6631 2.50% 7/1/2052 <sup>(c)</sup>  | 37 | 31 |
| Fannie Mae Pool #MA4743 2.50% 8/1/2052 <sup>(c)</sup>  | 1642 | 1396 |
| Fannie Mae Pool #MA4768 2.50% 9/1/2052 <sup>(c)</sup>  | 2052 | 1746 |
| Fannie Mae Pool #FA2698 2.00% 10/1/2052 <sup>(c)</sup>  | 6173 | 4999 |
| Fannie Mae Pool #FS4191 5.50% 3/1/2053 <sup>(c)</sup>  | 227 | 232 |
| Fannie Mae Pool #MA5026 3.50% 4/1/2053 <sup>(c)</sup>  | 10165 | 9426 |
| Fannie Mae Pool #BY0943 4.00% 4/1/2053 <sup>(c)</sup>  | 563 | 535 |
| Fannie Mae Pool #MA5027 4.00% 5/1/2053 <sup>(c)</sup>  | 227 | 217 |
| Fannie Mae Pool #FA3450 2.50% 7/1/2053 <sup>(c)</sup>  | 15279 | 13013 |
| Fannie Mae Pool #MA5135 4.00% 9/1/2053 <sup>(c)</sup>  | 3287 | 3129 |
| Fannie Mae Pool #MA5177 4.00% 10/1/2053 <sup>(c)</sup>  | 901 | 857 |
| Fannie Mae Pool #MA5163 4.50% 10/1/2053 <sup>(c)</sup>  | 918 | 898 |
| Fannie Mae Pool #FA0441 3.50% 12/1/2053 <sup>(c)</sup>  | 21577 | 20009 |
| Fannie Mae Pool #MA5236 4.00% 12/1/2053 <sup>(c)</sup>  | 303 | 288 |
| Fannie Mae Pool #CB7862 6.00% 1/1/2054 <sup>(c)</sup>  | 360 | 371 |
| Fannie Mae Pool #MA5249 7.00% 1/1/2054 <sup>(c)</sup>  | 3618 | 3807 |
| Fannie Mae Pool #MA5295 6.00% 3/1/2054 <sup>(c)</sup>  | 4606 | 4733 |
| Fannie Mae Pool #CB8755 6.00% 6/1/2054 <sup>(c)</sup>  | 698 | 720 |
| Fannie Mae Pool #FS8223 6.00% 6/1/2054 <sup>(c)</sup>  | 212 | 218 |
| Fannie Mae Pool #FS8219 6.00% 6/1/2054 <sup>(c)</sup>  | 184 | 191 |
| Fannie Mae Pool #DB7039 6.00% 7/1/2054 <sup>(c)</sup>  | 155 | 160 |
| Fannie Mae Pool #DB7687 6.00% 8/1/2054 <sup>(c)</sup>  | 73 | 76 |
| Fannie Mae Pool #DB7690 6.00% 8/1/2054 <sup>(c)</sup>  | 69 | 72 |
| Fannie Mae Pool #DC0296 6.00% 8/1/2054 <sup>(c)</sup>  | 60 | 62 |
| Fannie Mae Pool #MA5471 6.00% 9/1/2054 <sup>(c)</sup>  | 4305 | 4423 |
| Fannie Mae Pool #MA5528 4.00% 11/1/2054 <sup>(c)</sup>  | 44 | 41 |
| Fannie Mae Pool #MA5529 4.50% 11/1/2054 <sup>(c)</sup>  | 8432 | 8239 |
| Fannie Mae Pool #MA5550 4.00% 12/1/2054 <sup>(c)</sup>  | 57 | 54 |
| Fannie Mae Pool #MA5552 5.00% 12/1/2054 <sup>(c)</sup>  | 16419 | 16387 |
| Fannie Mae Pool #MA5583 4.00% 1/1/2055 <sup>(c)</sup>  | 12280 | 11659 |
| Fannie Mae Pool #MA5611 4.00% 2/1/2055 <sup>(c)</sup>  | 928 | 881 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(c)</sup>  | 1731 | 1778 |
| Fannie Mae Pool #MA5643 4.00% 3/1/2055 <sup>(c)</sup>  | 3547 | 3368 |
| Fannie Mae Pool #MA5644 4.50% 3/1/2055 <sup>(c)</sup>  | 5200 | 5081 |

---

Capital Group Fixed Income ETF Trust<sub>4</sub>

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(c)</sup>  | USD<br> 6,236<br>| $6407 |
| Fannie Mae Pool #MA5671 4.50% 4/1/2055 <sup>(c)</sup>  | 5511 | 5384 |
| Fannie Mae Pool #MA5674 6.00% 4/1/2055 <sup>(c)</sup>  | 3175 | 3262 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(c)</sup>  | 10432 | 10719 |
| Fannie Mae Pool #DE0094 4.00% 6/1/2055 <sup>(c)</sup>  | 873 | 829 |
| Fannie Mae Pool #MA5735 5.50% 6/1/2055 <sup>(c)</sup>  | 57948 | 58803 |
| Fannie Mae Pool #MA5736 6.00% 6/1/2055 <sup>(c)</sup>  | 5547 | 5697 |
| Fannie Mae Pool #MA5737 6.50% 6/1/2055 <sup>(c)</sup>  | 25 | 26 |
| Fannie Mae Pool #MA5789 4.00% 8/1/2055 <sup>(c)</sup>  | 42875 | 40695 |
| Fannie Mae Pool #MA5761 6.00% 7/1/2055 <sup>(c)</sup>  | 5809 | 5969 |
| Fannie Mae Pool #MA5792 5.50% 8/1/2055 <sup>(c)</sup>  | 40951 | 41546 |
| Fannie Mae Pool #MA5820 4.50% 9/1/2055 <sup>(c)</sup>  | 39884 | 38959 |
| Fannie Mae Pool #MA5941 3.50% 1/1/2056 <sup>(c)</sup>  | 7600 | 7046 |
| Fannie Mae Pool #MA5943 4.50% 1/1/2056 <sup>(c)</sup>  | 5900 | 5763 |
| Fannie Mae Pool #BF0765 3.50% 9/1/2063 <sup>(c)</sup>  | 11203 | 10196 |
| Freddie Mac Pool #RA3528 2.50% 9/1/2050 <sup>(c)</sup>  | 653 | 554 |
| Freddie Mac Pool #QB8797 2.50% 2/1/2051 <sup>(c)</sup>  | 261 | 221 |
| Freddie Mac Pool #SD4957 2.00% 3/1/2051 <sup>(c)</sup>  | 32698 | 26738 |
| Freddie Mac Pool #QC3532 2.50% 6/1/2051 <sup>(c)</sup>  | 452 | 383 |
| Freddie Mac Pool #QC5574 2.50% 8/1/2051 <sup>(c)</sup>  | 22 | 18 |
| Freddie Mac Pool #QC6759 2.00% 9/1/2051 <sup>(c)</sup>  | 7629 | 6187 |
| Freddie Mac Pool #QC6225 2.50% 9/1/2051 <sup>(c)</sup>  | 714 | 604 |
| Freddie Mac Pool #SD5485 2.50% 9/1/2051 <sup>(c)</sup>  | 664 | 564 |
| Freddie Mac Pool #RA5759 2.50% 9/1/2051 <sup>(c)</sup>  | 167 | 141 |
| Freddie Mac Pool #QC6597 2.50% 9/1/2051 <sup>(c)</sup>  | 26 | 22 |
| Freddie Mac Pool #QD1841 2.00% 11/1/2051 <sup>(c)</sup>  | 3148 | 2550 |
| Freddie Mac Pool #SD8183 2.50% 12/1/2051 <sup>(c)</sup>  | 2521 | 2148 |
| Freddie Mac Pool #SD8189 2.50% 1/1/2052 <sup>(c)</sup>  | 2180 | 1857 |
| Freddie Mac Pool #SD5892 2.00% 2/1/2052 <sup>(c)</sup>  | 10221 | 8273 |
| Freddie Mac Pool #SD8194 2.50% 2/1/2052 <sup>(c)</sup>  | 2959 | 2518 |
| Freddie Mac Pool #SD8199 2.00% 3/1/2052 <sup>(c)</sup>  | 31939 | 25921 |
| Freddie Mac Pool #QD8010 2.00% 3/1/2052 <sup>(c)</sup>  | 899 | 728 |
| Freddie Mac Pool #SD8204 2.00% 4/1/2052 <sup>(c)</sup>  | 2807 | 2278 |
| Freddie Mac Pool #QE0312 2.00% 4/1/2052 <sup>(c)</sup>  | 910 | 737 |
| Freddie Mac Pool #SD6498 2.50% 4/1/2052 <sup>(c)</sup>  | 4880 | 4141 |
| Freddie Mac Pool #SD8211 2.00% 5/1/2052 <sup>(c)</sup>  | 19216 | 15589 |
| Freddie Mac Pool #SD8212 2.50% 5/1/2052 <sup>(c)</sup>  | 12875 | 10950 |
| Freddie Mac Pool #SD8213 3.00% 5/1/2052 <sup>(c)</sup>  | 36633 | 32538 |
| Freddie Mac Pool #SD8220 3.00% 6/1/2052 <sup>(c)</sup>  | 8639 | 7660 |
| Freddie Mac Pool #SL1634 2.50% 7/1/2052 <sup>(c)</sup>  | 10038 | 8552 |
| Freddie Mac Pool #SD8224 2.50% 7/1/2052 <sup>(c)</sup>  | 8108 | 6896 |
| Freddie Mac Pool #SL2621 2.50% 7/1/2052 <sup>(c)</sup>  | 7880 | 6671 |
| Freddie Mac Pool #SD3632 2.50% 7/1/2052 <sup>(c)</sup>  | 4820 | 4093 |
| Freddie Mac Pool #SD8225 3.00% 7/1/2052 <sup>(c)</sup>  | 12261 | 10873 |
| Freddie Mac Pool #SD5277 3.00% 7/1/2052 <sup>(c)</sup>  | 5272 | 4677 |
| Freddie Mac Pool #SL3327 3.50% 7/1/2052 <sup>(c)</sup>  | 25998 | 24108 |
| Freddie Mac Pool #SD3117 4.00% 7/1/2052 <sup>(c)</sup>  | 2009 | 1918 |
| Freddie Mac Pool #SD5846 2.00% 8/1/2052 <sup>(c)</sup>  | 7662 | 6202 |
| Freddie Mac Pool #SD8234 2.50% 8/1/2052 <sup>(c)</sup>  | 147 | 125 |
| Freddie Mac Pool #SD8235 3.00% 8/1/2052 <sup>(c)</sup>  | 8991 | 7973 |
| Freddie Mac Pool #SD8237 4.00% 8/1/2052 <sup>(c)</sup>  | 725 | 693 |
| Freddie Mac Pool #SD8242 3.00% 9/1/2052 <sup>(c)</sup>  | 2351 | 2084 |
| Freddie Mac Pool #SD8271 2.50% 10/1/2052 <sup>(c)</sup>  | 5616 | 4765 |
| Freddie Mac Pool #SL2622 3.00% 3/1/2053 <sup>(c)</sup>  | 6509 | 5773 |
| Freddie Mac Pool #SD8330 3.00% 3/1/2053 <sup>(c)</sup>  | 6400 | 5671 |
| Freddie Mac Pool #SD8323 5.00% 5/1/2053 <sup>(c)</sup>  | 3495 | 3501 |
| Freddie Mac Pool #SD8324 5.50% 5/1/2053 <sup>(c)</sup>  | 888 | 904 |
| Freddie Mac Pool #SD3432 6.00% 7/1/2053 <sup>(c)</sup>  | 160 | 167 |
| Freddie Mac Pool #SL3161 3.50% 8/1/2053 <sup>(c)</sup>  | 12046 | 11170 |
| Freddie Mac Pool #SD4820 3.00% 10/1/2053 <sup>(c)</sup>  | 6454 | 5717 |
| Freddie Mac Pool #SL1562 3.00% 10/1/2053 <sup>(c)</sup>  | 5940 | 5268 |
| Freddie Mac Pool #SD8379 4.00% 10/1/2053 <sup>(c)</sup>  | 881 | 838 |

---

---

| | |
|:---|:---|
| **5** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Freddie Mac Pool #SD4977 5.00% 11/1/2053 <sup>(c)</sup>  | USD<br> 6,776<br>| $6785 |
| Freddie Mac Pool #SD8385 6.50% 12/1/2053 <sup>(c)</sup>  | 22664 | 23579 |
| Freddie Mac Pool #SL1062 2.50% 1/1/2054 <sup>(c)</sup>  | 4901 | 4174 |
| Freddie Mac Pool #SD8397 6.50% 1/1/2054 <sup>(c)</sup>  | 2402 | 2498 |
| Freddie Mac Pool #RJ0854 6.50% 1/1/2054 <sup>(c)</sup>  | 31 | 33 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(c)</sup>  | 889 | 914 |
| Freddie Mac Pool #QI3333 6.00% 4/1/2054 <sup>(c)</sup>  | 88 | 91 |
| Freddie Mac Pool #SD5692 6.00% 5/1/2054 <sup>(c)</sup>  | 119 | 124 |
| Freddie Mac Pool #SD8439 6.00% 6/1/2054 <sup>(c)</sup>  | 18 | 18 |
| Freddie Mac Pool #RJ1725 6.50% 6/1/2054 <sup>(c)</sup>  | 57 | 60 |
| Freddie Mac Pool #SD8447 6.00% 7/1/2054 <sup>(c)</sup>  | 4678 | 4806 |
| Freddie Mac Pool #SD5896 6.00% 7/1/2054 <sup>(c)</sup>  | 153 | 157 |
| Freddie Mac Pool #RJ1986 6.50% 7/1/2054 <sup>(c)</sup>  | 514 | 535 |
| Freddie Mac Pool #SD8463 6.00% 9/1/2054 <sup>(c)</sup>  | 11022 | 11323 |
| Freddie Mac Pool #SD6652 3.50% 11/1/2054 <sup>(c)</sup>  | 4733 | 4389 |
| Freddie Mac Pool #SD8491 5.00% 12/1/2054 <sup>(c)</sup>  | 7430 | 7418 |
| Freddie Mac Pool #SD8496 6.00% 1/1/2055 <sup>(c)</sup>  | 4687 | 4815 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(c)</sup>  | 21559 | 22149 |
| Freddie Mac Pool #SD8516 6.00% 3/1/2055 <sup>(c)</sup>  | 8361 | 8591 |
| Freddie Mac Pool #SD8531 4.50% 5/1/2055 <sup>(c)</sup>  | 3900 | 3810 |
| Freddie Mac Pool #RQ0015 6.50% 6/1/2055 <sup>(c)</sup>  | 13330 | 13856 |
| Freddie Mac Pool #RQ0063 5.00% 11/1/2055 <sup>(c)</sup>  | 8041 | 8024 |
| Freddie Mac Pool #RQ0073 4.00% 12/1/2055 <sup>(c)</sup>  | 69 | 66 |
| Freddie Mac Pool #RQ0082 4.00% 1/1/2056 <sup>(c)</sup>  | 28 | 27 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 20-2, Class AC, 2.00% 9/25/2030 <sup>(c)</sup>  | 240 | 220 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 20-3, Class AC, 2.00% 11/25/2030 <sup>(c)</sup>  | 234 | 214 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 21-1, Class AC, 2.25% 5/26/2031 <sup>(c)</sup>  | 226 | 209 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 21-2, Class AD, 2.00% 7/25/2031 <sup>(c)</sup>  | 250 | 224 |
| Uniform Mortgage-Backed Security 4.50% 1/1/2056 <sup>(c)(d)</sup>  | 216 | 211 |
|  |  | 875318 |
| **Collateralized mortgage-backed obligations (privately originated) 3.76%** |  |  |
| Atlas SP, Series 2024-RPL1, Class A1, 3.85% 4/25/2064 (4.85% on 8/1/2028) <sup>(a)(b)(c)</sup>  | 1968 | 1926 |
| BRAVO Residential Funding Trust, Series 2024-RPL1, Class A1, 3.25% 10/25/2063 <sup>(a)(c)(e)</sup>  | 4316 | 4035 |
| BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on <br> 5/1/2027) <sup>(a)(b)(c)</sup>  | 2211 | 2230 |
| BRAVO Residential Funding Trust, Series 2025-NQM10, Class A1, 4.868% 9/25/2065 <sup>(a)(c)(e)</sup>  | 7801 | 7826 |
| Bridge Trust, Series 2024-SFR1, Class A, 4.00% 8/17/2040 <sup>(a)(c)</sup>  | 4937 | 4823 |
| Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029 (9.405% on <br> 11/25/2027) <sup>(a)(b)(c)</sup>  | 6702 | 6711 |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class M1, 4.25% 4/25/2033 <sup>(a)(c)(e)</sup>  | 500 | 496 |
| Cascade Funding Mortgage Trust, Series 2024-HB13, Class M1, 3.00% 5/25/2034 <sup>(a)(c)(e)</sup>  | 2100 | 2039 |
| Cascade Funding Mortgage Trust, Series 2024-HB13, Class A, 3.00% 5/25/2034 <sup>(a)(c)(e)</sup>  | 588 | 581 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(a)(c)(e)</sup>  | 748 | 746 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(a)(c)(e)</sup>  | 291 | 286 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(a)(c)(e)</sup>  | 4537 | 4454 |
| Cascade Funding Mortgage Trust, Series 2024-R1, Class A1, 4.00% 10/25/2054 (5.00% on 10/25/2028) <sup>(a)(b)(c)</sup>  | 2136 | 2115 |
| Cascade Funding Mortgage Trust, Series 2024-R1, Class A2, 4.00% 10/25/2054 (5.00% on 10/25/2028) <sup>(a)(b)(c)</sup>  | 300 | 293 |
| CIM Trust, Series 2023-R1, Class A1A, 5.40% 4/25/2062 <sup>(a)(c)(e)</sup>  | 3466 | 3455 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(a)(b)(c)</sup>  | 1388 | 1385 |
| Connecticut Avenue Securities Trust, Series 2023-R01, Class 1M1, (30-day Average USD-SOFR + 2.40%) <br> 6.274% 12/25/2042 <sup>(a)(c)(e)</sup>  | 203 | 207 |
| Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M1, (30-day Average USD-SOFR + 2.30%) <br> 6.174% 5/25/2043 <sup>(a)(c)(e)</sup>  | 280 | 285 |
| Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M1, (30-day Average USD-SOFR + 1.05%) <br> 4.924% 1/25/2044 <sup>(a)(c)(e)</sup>  | 67 | 67 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 4.974% 2/25/2044 <sup>(a)(c)(e)</sup>  | 71 | 71 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 4.874% 5/25/2044 <sup>(a)(c)(e)</sup>  | 243 | 243 |

---

Capital Group Fixed Income ETF Trust<sub>6</sub>

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 4.974% 5/25/2044 <sup>(a)(c)(e)</sup>  | USD<br> 126<br>| $126 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M1, (30-day Average USD-SOFR + 1.05%) <br> 4.924% 9/25/2044 <sup>(a)(c)(e)</sup>  | 43 | 43 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M2, (30-day Average USD-SOFR + 1.60%) <br> 5.474% 9/25/2044 <sup>(a)(c)(e)</sup>  | 412 | 413 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 4.874% 2/25/2045 <sup>(a)(c)(e)</sup>  | 570 | 571 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1M1, (30-day Average USD-SOFR + 1.15%) <br> 5.024% 2/25/2045 <sup>(a)(c)(e)</sup>  | 989 | 991 |
| Finance of America HECM Buyout, Series 24-HB1, Class A1A, 4.00% 10/1/2034 <sup>(a)(c)(e)</sup>  | 252 | 252 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(a)(c)</sup>  | 2984 | 2892 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA1, Class A1, (30-day Average <br> USD-SOFR + 1.35%) 5.224% 2/25/2044 <sup>(a)(c)(e)</sup>  | 408 | 409 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class M1, (30-day Average <br> USD-SOFR + 1.20%) 5.074% 5/25/2044 <sup>(a)(c)(e)</sup>  | 1059 | 1060 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.25%) 5.124% 5/25/2044 <sup>(a)(c)(e)</sup>  | 1374 | 1379 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.10%) 4.974% 5/25/2045 <sup>(a)(c)(e)</sup>  | 1132 | 1135 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA3, Class A1, (30-day Average <br> USD-SOFR + 0.95%) 4.824% 9/25/2045 <sup>(a)(c)(e)</sup>  | 1469 | 1470 |
| GCAT Trust, Series 2024-NQM1, Class A1, 6.007% 1/25/2059 (7.007% on 1/1/2028) <sup>(a)(b)(c)</sup>  | 144 | 146 |
| GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028) <sup>(a)(b)(c)</sup>  | 267 | 270 |
| GS Mortgage-Backed Securities Trust, Series 2024-RPL2, Class A1, 3.75% 7/25/2061 (4.75% on <br> 2/1/2028) <sup>(a)(b)(c)</sup>  | 220 | 216 |
| JP Morgan Mortgage Trust, Series 2016-3, Class B2, 3.306% 10/25/2046 <sup>(a)(c)(e)</sup>  | 205 | 200 |
| JP Morgan Mortgage Trust, Series 2019-6, Class B3, 4.261% 12/25/2049 <sup>(a)(c)(e)</sup>  | 1030 | 972 |
| JPMorgan Mortgage Trust, Series 2017-1, Class B2, 3.445% 1/25/2047 <sup>(a)(c)(e)</sup>  | 390 | 357 |
| Legacy Mortgage Asset Trust, Series 2021-GS4, Class A1, 5.65% 11/25/2060 <sup>(a)(b)(c)</sup>  | 1628 | 1631 |
| Legacy Mortgage Asset Trust, Series 2021-GS3, Class A1, 5.75% 7/25/2061 <sup>(a)(b)(c)</sup>  | 1377 | 1378 |
| Legacy Mortgage Asset Trust, Series 2021-GS1, Class A1, 5.892% 10/25/2066 <sup>(a)(b)(c)</sup>  | 6289 | 6296 |
| Legacy Mortgage Asset Trust, Series 2021-GS5, Class A1, 6.25% 7/25/2067 <sup>(a)(b)(c)</sup>  | 283 | 284 |
| MFRA Trust, Series 2025-NQM3, Class A1, 5.261% 8/25/2070 (6.261% on 7/1/2029) <sup>(a)(b)(c)</sup>  | 2378 | 2385 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM2, Class A1, 6.386% 5/25/2069 (7.386% <br> on 5/1/2028) <sup>(a)(b)(c)</sup>  | 1659 | 1681 |
| New Residential Mortgage Loan Trust, Series 2025-NQM2, Class A1, 5.566% 4/25/2065 <sup>(a)(b)(c)</sup>  | 2315 | 2342 |
| New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/2068 <sup>(a)(c)(e)</sup>  | 127 | 119 |
| Ocwen Loan Investment Trust, Series 2024-HB1, Class A, 3.00% 2/25/2037 <sup>(a)(c)</sup>  | 491 | 484 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2024-HYB1, Class A1, 3.637% 3/25/2053 <sup>(a)(c)(e)</sup>  | 224 | 224 |
| 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)(b)(c)</sup>  | 3631 | 3664 |
| Onslow Bay Financial, LLC, Series 2024-HYB2, Class A1, 3.695% 4/25/2053 <sup>(a)(c)(e)</sup>  | 487 | 483 |
| Onslow Bay Financial, LLC, Series 2022-NQM6, Class A1, 4.70% 7/25/2062 (5.70% on 6/1/2026) <sup>(a)(b)(c)</sup>  | 1662 | 1653 |
| Onslow Bay Financial, LLC, Series 2024-NQM1, Class A1, 5.928% 11/25/2063 (6.928% on 12/1/2027) <sup>(a)(b)(c)</sup>  | 210 | 211 |
| Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 1/25/2064 (6.988% on 3/1/2028) <sup>(a)(b)(c)</sup>  | 236 | 238 |
| Onslow Bay Financial, LLC, Series 2024-NQM4, Class A1, 6.067% 1/25/2064 (7.067% on 2/1/2028) <sup>(a)(b)(c)</sup>  | 230 | 233 |
| Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028) <sup>(a)(b)(c)</sup>  | 331 | 335 |
| Onslow Bay Financial, LLC, Series 2024-NQM8, Class A1, 6.233% 5/25/2064 (7.233% on 5/1/2028) <sup>(a)(b)(c)</sup>  | 2631 | 2664 |
| Onslow Bay Financial, LLC, Series 2024-NQM17, Class A1, 5.61% 11/25/2064 (6.61% on 11/1/2028) <sup>(a)(b)(c)</sup>  | 1093 | 1104 |
| Onslow Bay Financial, LLC, Series 2025-NQM1, Class A1, 5.547% 12/25/2064 (6.547% on 12/1/2028) <sup>(a)(b)(c)</sup>  | 2530 | 2553 |
| Onslow Bay Financial, LLC, Series 2025-NQM14, Class A1A, 5.162% 7/25/2065 (6.162% on 7/1/2029) <sup>(a)(b)(c)</sup>  | 2191 | 2203 |
| Onslow Bay Financial, LLC, Series 2025-NQM16, Class A1A, 4.905% 8/25/2065 (5.905% on 9/1/2029) <sup>(a)(b)(c)</sup>  | 5784 | 5794 |
| Onslow Bay Financial, LLC, Series 2025-NQM19, Class A1, 4.869% 10/25/2065 <sup>(a)(c)(e)</sup>  | 6706 | 6722 |
| PMT Loan Trust, Series 2024-INV1, Class A2, 6.00% 10/25/2059 <sup>(a)(c)(e)</sup>  | 651 | 664 |
| Progress Residential Trust, Series 2021-SFR6, Class A, 1.524% 7/17/2038 <sup>(a)(c)</sup>  | 390 | 385 |
| Progress Residential Trust, Series 2025-SFR3, Class B, 3.39% 7/17/2042 <sup>(a)(c)</sup>  | 4000 | 3755 |
| Progress Residential Trust, Series 2025-SFR3, Class D, 3.39% 7/17/2042 <sup>(a)(c)</sup>  | 3000 | 2760 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(a)(c)</sup>  | 1495 | 1426 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(a)(b)(c)</sup>  | 877 | 851 |
| Sequoia Mortgage Trust, Series 2025-HYB1, Class A1A, 5.061% 10/25/2055 <sup>(a)(c)(e)</sup>  | 3918 | 3934 |

---

---

| | |
|:---|:---|
| **7** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Starwood Mortgage Residential Trust, Series 2025-SFR5, Class A, (1-month USD CME Term SOFR + 1.45%) <br> 5.201% 2/17/2042 <sup>(a)(c)(e)</sup>  | USD<br> 300<br>| $300 |
| Starwood Mortgage Residential Trust, Series 2025-SFR5, Class B, (1-month USD CME Term SOFR + 1.75%) <br> 5.501% 2/17/2042 <sup>(a)(c)(e)</sup>  | 2500 | 2504 |
| Towd Point Mortgage Trust, Series 2019-HY1, Class A1, (1-month USD CME Term SOFR + 1.115%) 4.846% <br> 10/25/2048 <sup>(a)(c)(e)</sup>  | 3630 | 3639 |
| Towd Point Mortgage Trust, Series 2015-5, Class B1, 3.988% 5/25/2055 <sup>(a)(c)(e)</sup>  | 2490 | 2467 |
| Towd Point Mortgage Trust, Series 2019-HY2, Class A1, (1-month USD CME Term SOFR + 1.114%) 4.846% <br> 5/25/2058 <sup>(a)(c)(e)</sup>  | 1723 | 1756 |
| Towd Point Mortgage Trust, Series 2019-HY3, Class A1A, (1-month USD CME Term SOFR + 1.115%) 4.846% <br> 10/25/2059 <sup>(a)(c)(e)</sup>  | 1894 | 1897 |
| Towd Point Mortgage Trust, Series 2024-3, Class A1A, 5.03% 7/25/2065 <sup>(a)(c)(e)</sup>  | 1064 | 1075 |
| Verus Securitization Trust, Series 2024-3, Class A1, 6.338% 4/25/2069 (7.338% on 4/1/2028) <sup>(a)(b)(c)</sup>  | 590 | 597 |
| Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028) <sup>(a)(b)(c)</sup>  | 656 | 665 |
| Verus Securitization Trust, Series 2024-R1, Class A1, 5.218% 9/25/2069 <sup>(a)(c)(e)</sup>  | 738 | 740 |
| Verus Securitization Trust, Series 2025-7, Class A1, 5.129% 8/25/2070 (6.129% on 8/1/2029) <sup>(a)(b)(c)</sup>  | 3390 | 3406 |
| Verus Securitization Trust, Series 2025-8, Class A1A, 4.869% 9/25/2070 (5.869% on 9/1/2029) <sup>(a)(b)(c)</sup>  | 2862 | 2865 |
|  |  | 137543 |
| **Commercial mortgage-backed securities 3.59%** |  |  |
| ALA Trust, Series 2025-OANA, Class A, (1-month USD CME Term SOFR + 1.743%) 5.494% 6/15/2030 <sup>(a)(c)(e)</sup>  | 4260 | 4283 |
| AMSR Trust, Series 2025-SFR1, Class A, 3.655% 6/17/2042 <sup>(a)(c)</sup>  | 4423 | 4272 |
| AMSR Trust, Series 2025-SFR1, Class C, 3.655% 6/17/2042 <sup>(a)(c)</sup>  | 878 | 831 |
| AMSR Trust, Series 2025-SFR1, Class D, 3.655% 6/17/2042 <sup>(a)(c)</sup>  | 852 | 799 |
| AMSR Trust, Series 2025-SFR1, Class B, 3.655% 6/17/2042 <sup>(a)(c)</sup>  | 396 | 379 |
| AMSR Trust, Series 2025-SFR2, Class A, 4.275% 11/17/2042 <sup>(a)(c)</sup>  | 4452 | 4391 |
| ARES Commercial Mortgage Trust, Series 24-IND, Class A, (1-month USD CME Term SOFR + 1.69%) 5.442% <br> 7/15/2041 <sup>(a)(c)(e)</sup>  | 447 | 448 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class A, 5.589% 11/10/2029 <sup>(a)(c)(e)</sup>  | 1870 | 1910 |
| Bank Commercial Mortgage Trust, Series 2019-BN19, Class A3, 3.183% 8/15/2061 <sup>(c)</sup>  | 35 | 33 |
| Benchmark Mortgage Trust, Series 2018-B2, Class A5, 3.882% 2/15/2051 <sup>(c)(e)</sup>  | 38 | 38 |
| Benchmark Mortgage Trust, Series 2021-B25, Class A5, 2.577% 4/15/2054 <sup>(c)</sup>  | 250 | 225 |
| Benchmark Mortgage Trust, Series 2024-V5, Class AM, 6.417% 1/10/2057 <sup>(c)(e)</sup>  | 118 | 123 |
| Benchmark Mortgage Trust, Series 2024-V9, Class A3, 5.602% 8/15/2057 <sup>(c)</sup>  | 689 | 716 |
| BFLD Trust, Series 2025-5MW, Class A, 4.674% 10/10/2042 <sup>(a)(c)(e)</sup>  | 7318 | 7326 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, (1-month USD CME Term SOFR + 1.342%) <br> 5.092% 3/15/2041 <sup>(a)(c)(e)</sup>  | 269 | 269 |
| BMO Mortgage Trust, Series 2024-5C5, Class AS, 6.364% 2/15/2057 <sup>(c)(e)</sup>  | 985 | 1033 |
| BMO Mortgage Trust, Series 2025-5C9, Class AS, 6.165% 4/15/2058 <sup>(c)(e)</sup>  | 1485 | 1558 |
| BMP Trust, Series 2024-MF23, Class A, (1-month USD CME Term SOFR + 1.372%) 5.122% 6/15/2041 <sup>(a)(c)(e)</sup>  | 1996 | 2001 |
| BX Commercial Mortgage Trust, Series 2024-GPA3, Class A, (1-month USD CME Term SOFR + 1.293%) <br> 5.044% 12/15/2039 <sup>(a)(c)(e)</sup>  | 1853 | 1856 |
| BX Trust, Series 2024-KING, Class A, (1-month USD CME Term SOFR + 1.541%) 5.291% 5/15/2034 <sup>(a)(c)(e)</sup>  | 655 | 656 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 4.74% 1/17/2039 <sup>(a)(c)(e)</sup>  | 1500 | 1499 |
| BX Trust, Series 2024-BIO2, Class A, 5.413% 8/13/2041 <sup>(a)(c)(e)</sup>  | 4754 | 4823 |
| BX Trust, Series 2024-AIRC, Class A, (1-month USD CME Term SOFR + 1.691%) 5.442% 8/15/2039 <sup>(a)(c)(e)</sup>  | 2318 | 2325 |
| BX Trust, Series 2024-FNX, Class A, (1-month USD CME Term SOFR + 1.442%) 5.192% 11/15/2041 <sup>(a)(c)(e)</sup>  | 2805 | 2810 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(a)(c)</sup>  | 3926 | 4035 |
| BX Trust, Series 2025-ARIA, Class A, 5.031% 12/13/2042 <sup>(a)(c)(e)</sup>  | 7000 | 7072 |
| BX Trust, Series 2025-VOLT, Class A, (1-month USD CME Term SOFR + 1.70%) 5.70% 12/15/2044 <sup>(a)(c)(e)</sup>  | 9041 | 9063 |
| CALI Mortgage Trust, Series 24-SUN, Class A, (1-month USD CME Term SOFR + 1.89%) 5.641% <br> 7/15/2041 <sup>(a)(c)(e)</sup>  | 994 | 997 |
| CART, Series 2024-DFW1, Class A, (1-month USD CME Term SOFR + 1.642%) 5.392% 8/15/2041 <sup>(a)(c)(e)</sup>  | 1613 | 1613 |
| CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(c)</sup>  | 312 | 308 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC37, Class A4, 3.314% 4/10/2049 <sup>(c)</sup>  | 66 | 66 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX9, Class A4, 3.176% 9/15/2050 <sup>(c)</sup>  | 319 | 314 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.191% 11/15/2050 <sup>(c)</sup>  | 56 | 55 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% 8/10/2042 <sup>(a)(c)(e)</sup>  | 3578 | 3654 |
| ELM Trust 2024, Series 2024-ELM, Class B10, 6.195% 6/10/2039 <sup>(a)(c)(e)</sup>  | 1057 | 1063 |
| ELM Trust 2024, Series 2024-ELM, Class B15, 6.195% 6/10/2039 <sup>(a)(c)(e)</sup>  | 949 | 955 |

---

Capital Group Fixed Income ETF Trust<sub>8</sub>

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| ELM Trust 2024, Series 2024-ELM, Class C15, 6.396% 6/10/2039 <sup>(a)(c)(e)</sup>  | USD<br> 661<br>| $665 |
| ELM Trust 2024, Series 2024-ELM, Class C10, 6.396% 6/10/2039 <sup>(a)(c)(e)</sup>  | 595 | 598 |
| ELM Trust 2024, Series 2024-ELM, Class D10, 6.847% 6/10/2039 <sup>(a)(c)(e)</sup>  | 234 | 235 |
| ELM Trust 2024, Series 2024-ELM, Class D15, 6.897% 6/10/2039 <sup>(a)(c)(e)</sup>  | 210 | 211 |
| Extended Stay America Trust, Series 2025-ESH, Class A, (1-month USD CME Term SOFR + 1.30%) 5.05% <br> 10/15/2042 <sup>(a)(c)(e)</sup>  | 2654 | 2662 |
| Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class A, (1-month USD CME Term SOFR + 1.45%) 5.20% <br> 12/15/2039 <sup>(a)(c)(e)</sup>  | 1067 | 1071 |
| Great Wolf Trust, Series 2024-WLF2, Class A, (1-month USD CME Term SOFR + 1.691%) 5.441% <br> 5/15/2041 <sup>(a)(c)(e)</sup>  | 1446 | 1452 |
| GS Mortgage Securities Trust, Series 2024-70P, Class A, 5.487% 3/10/2041 <sup>(a)(c)(e)</sup>  | 479 | 485 |
| GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(c)</sup>  | 378 | 374 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class A, (1-month USD CME Term SOFR + 1.393%) 5.143% <br> 3/15/2042 <sup>(a)(c)(e)</sup>  | 2177 | 2182 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class B, (1-month USD CME Term SOFR + 1.742%) 5.492% <br> 3/15/2042 <sup>(a)(c)(e)</sup>  | 1040 | 1043 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class C, (1-month USD CME Term SOFR + 2.042%) 5.792% <br> 3/15/2042 <sup>(a)(c)(e)</sup>  | 633 | 636 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.341% <br> 3/15/2042 <sup>(a)(c)(e)</sup>  | 1222 | 1229 |
| Hilton USA Trust, Series 2024-ORL, Class A, (1-month USD CME Term SOFR + 1.541%) 5.291% <br> 5/15/2037 <sup>(a)(c)(e)</sup>  | 1500 | 1504 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.462% 2/5/2045 <sup>(a)(c)(e)</sup>  | 2271 | 2357 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 5.876% 5/10/2039 <sup>(a)(c)(e)</sup>  | 177 | 179 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class B, 6.555% 5/10/2039 <sup>(a)(c)(e)</sup>  | 594 | 603 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class C, 7.088% 5/10/2039 <sup>(a)(c)(e)</sup>  | 189 | 192 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.467% 1/13/2040 <sup>(a)(c)(e)</sup>  | 3582 | 3717 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class A, (1-month USD CME Term SOFR + 1.35%) 5.10% <br> 3/15/2042 <sup>(a)(c)(e)</sup>  | 4991 | 5003 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class A, (1-month USD CME Term SOFR + <br> 1.593%) 5.343% 11/15/2039 <sup>(a)(c)(e)</sup>  | 921 | 924 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class A, (1-month USD CME Term SOFR + 1.542%) <br> 5.293% 12/15/2039 <sup>(a)(c)(e)</sup>  | 3867 | 3871 |
| LV Trust, Series 2024-SHOW, Class A, 5.104% 10/10/2041 <sup>(a)(c)(e)</sup>  | 2549 | 2590 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C1, Class AS, 6.011% 3/15/2058 <sup>(c)</sup>  | 2168 | 2255 |
| Multifamily Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 7.874% 11/25/2053 <sup>(a)(c)(e)</sup>  | 2276 | 2348 |
| Multifamily Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%) <br> 6.624% 7/25/2054 <sup>(a)(c)(e)</sup>  | 590 | 598 |
| Multifamily Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.274% 5/25/2055 <sup>(a)(c)(e)</sup>  | 721 | 725 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class A, 5.664% 2/10/2047 <sup>(a)(c)(e)</sup>  | 2059 | 2168 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class A, 4.669% 11/5/2038 <sup>(a)(c)(e)</sup>  | 3825 | 3836 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class A, (1-month USD CME Term SOFR + 1.392%) <br> 5.142% 5/15/2039 <sup>(a)(c)(e)</sup>  | 354 | 354 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.015% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(a)(b)(c)</sup>  | 1750 | 1748 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, (1-month USD CME Term SOFR + 1.443%) <br> 5.193% 2/15/2042 <sup>(a)(c)(e)</sup>  | 8074 | 8011 |
| UBS Commercial Mortgage Trust, Series 2017-C2, Class A4, 3.487% 8/15/2050 <sup>(c)</sup>  | 250 | 247 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-1918, Class A, 5.761% 9/15/2040 <sup>(a)(c)(e)</sup>  | 691 | 698 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5, 3.418% 9/15/2050 <sup>(c)</sup>  | 421 | 414 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C40, Class AS, 3.854% 10/15/2050 <sup>(c)(e)</sup>  | 300 | 293 |
|  |  | 131277 |
| **Total mortgage-backed obligations** |  | 1144138 |
| **U.S. Treasury bonds & notes 14.49%** | **U.S. Treasury bonds & notes 14.49%** | **U.S. Treasury bonds & notes 14.49%** |
| **U.S. Treasury 14.49%** |  |  |
| U.S. Treasury 4.125% 10/31/2029  | 15450 | 15717 |
| U.S. Treasury 3.625% 9/30/2030  | 11750 | 11707 |

---

---

| | |
|:---|:---|
| **9** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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 4.125% 3/31/2031  | USD<br> 440<br>| $448 |
| U.S. Treasury 4.125% 10/31/2031  | 7170 | 7283 |
| U.S. Treasury 4.375% 1/31/2032  | 11124 | 11439 |
| U.S. Treasury 4.125% 5/31/2032  | 10485 | 10627 |
| U.S. Treasury 4.00% 2/15/2034  | 605 | 604 |
| U.S. Treasury 4.25% 8/15/2035  | 8420 | 8487 |
| U.S. Treasury 1.125% 5/15/2040 <sup>(f)</sup>  | 107822 | 68576 |
| U.S. Treasury 4.75% 2/15/2041  | 4570 | 4659 |
| U.S. Treasury 4.625% 5/15/2044  | 87400 | 85950 |
| U.S. Treasury 5.00% 5/15/2045  | 25356 | 26068 |
| U.S. Treasury 4.625% 11/15/2045  | 31090 | 30420 |
| U.S. Treasury 2.375% 11/15/2049  | 27060 | 17420 |
| U.S. Treasury 2.00% 2/15/2050  | 119280 | 70112 |
| U.S. Treasury 3.00% 8/15/2052 <sup>(f)</sup>  | 62540 | 44898 |
| U.S. Treasury 3.625% 5/15/2053  | 35400 | 28696 |
| U.S. Treasury 4.75% 5/15/2055  | 67404 | 66386 |
| U.S. Treasury 4.75% 8/15/2055  | 20290 | 19992 |
|  |  | 529489 |
| **Total U.S. Treasury bonds & notes** |  | 529489 |
| **Asset-backed obligations 9.29%** | **Asset-backed obligations 9.29%** | **Asset-backed obligations 9.29%** |
| **Other asset-backed securities 4.54%** |  |  |
| ACHV ABS Trust, Series 2024-2PL, Class A, 5.07% 10/27/2031 <sup>(a)(c)</sup>  | 744 | 748 |
| Affirm Asset Securitization Trust, Series 2025-X2, Class B, 4.56% 10/15/2030 <sup>(a)(c)</sup>  | 1062 | 1067 |
| Affirm Asset Securitization Trust, Series 2025-X2, Class C, 4.93% 10/15/2030 <sup>(a)(c)</sup>  | 821 | 825 |
| Affirm Master Trust, Series 2025-3A, Class A, 4.45% 10/16/2034 <sup>(a)(c)</sup>  | 2430 | 2440 |
| Affirm, Inc., Series 2024, Class 1A, 5.61% 2/15/2029 <sup>(a)(c)</sup>  | 3143 | 3148 |
| Affirm, Inc., Series 2024-A, Class A, 5.61% 2/15/2029 <sup>(a)(c)</sup>  | 139 | 139 |
| APL Finance, LLC, Series 2025-1A, Class A, 4.81% 3/20/2036 <sup>(a)(c)</sup>  | 1617 | 1624 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 <sup>(a)(c)</sup>  | 1054 | 1076 |
| Auxilior Term Funding, LLC, Series 24-1, Class A2, 5.84% 3/15/2027 <sup>(a)(c)</sup>  | 58 | 58 |
| Auxilior Term Funding, LLC, Series 2023-1A, Class A3, 5.70% 2/15/2030 <sup>(a)(c)</sup>  | 170 | 172 |
| Auxilior Term Funding, LLC, Series 24-1, Class A3, 5.49% 7/15/2031 <sup>(a)(c)</sup>  | 613 | 624 |
| AXIS Equipment Finance Receivables, LLC, Series 2025-1A, Class A2, 4.70% 9/22/2031 <sup>(a)(c)</sup>  | 2408 | 2435 |
| Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 11/17/2033 <sup>(a)(c)</sup>  | 38 | 38 |
| Beacon Container Finance II, LLC, Series 2021-1A, Class A, 2.25% 10/22/2046 <sup>(a)(c)</sup>  | 3142 | 2943 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class A2, 5.05% 3/15/2029 <sup>(a)(c)</sup>  | 284 | 286 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class C, 6.38% 1/15/2031 <sup>(a)(c)</sup>  | 139 | 142 |
| Business Jet Securities, LLC, Series 2024-2A, Class A, 5.346% 9/15/2039 <sup>(a)(c)</sup>  | 1017 | 1026 |
| CAL Funding IV, Ltd., Series 2020-1A, Class A, 2.22% 9/25/2045 <sup>(a)(c)</sup>  | 1832 | 1760 |
| Capteris Equipment Finance, Series 2024-1, Class A2, 5.58% 7/20/2032 <sup>(a)(c)</sup>  | 1561 | 1591 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(a)(c)</sup>  | 3214 | 3270 |
| Castlelake Aircraft Securitization Trust, Series 2025-3A, Class A, 5.087% 11/15/2050 <sup>(a)(c)</sup>  | 7341 | 7375 |
| CCG Receivables Trust, Series 2025-1, Class D, 5.28% 10/14/2032 <sup>(a)(c)</sup>  | 201 | 203 |
| CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 <sup>(a)(c)</sup>  | 4996 | 4245 |
| CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/2061 <sup>(a)(c)</sup>  | 4471 | 3634 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class A2, 4.71% 8/20/2032 <sup>(a)(c)</sup>  | 716 | 718 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class B, 4.79% 8/20/2032 <sup>(a)(c)</sup>  | 1691 | 1700 |
| CLI Funding VI, LLC, Series 2020-3A, Class A, 2.07% 10/18/2045 <sup>(a)(c)</sup>  | 401 | 380 |
| CLI Funding VIII, LLC, Series 2021-1A, Class A, 2.38% 2/18/2046 <sup>(a)(c)</sup>  | 1296 | 1206 |
| CLI Funding VIII, LLC, Series 2022-1, Class A, 2.72% 1/18/2047 <sup>(a)(c)</sup>  | 3682 | 3434 |
| Commercial Equipment Finance, Series 2024-1, Class A, 5.97% 7/16/2029 <sup>(a)(c)</sup>  | 137 | 138 |
| Commercial Equipment Finance, Series 2025-1A, Class A, 4.83% 5/15/2031 <sup>(a)(c)</sup>  | 3315 | 3332 |
| Crossroads Asset Trust, Series 2024-A, Class A2, 5.90% 8/20/2030 <sup>(a)(c)</sup>  | 306 | 309 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(a)(c)</sup>  | 2032 | 2064 |
| EquipmentShare, Series 2024-2M, Class B, 6.43% 12/20/2032 <sup>(a)(c)</sup>  | 1295 | 1302 |
| EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 <sup>(a)(c)</sup>  | 2093 | 2108 |
| Frontier Issuer, LLC, Series 2023-1, Class A2, 6.60% 8/20/2053 <sup>(a)(c)</sup>  | 3910 | 3947 |
| GGAM Master Trust International, Ltd., Series 2025-1A, Class A, 5.923% 9/30/2060 <sup>(a)(c)</sup>  | 3055 | 3081 |
| Global SC Finance SRL, Series 2025-1H, Class A, 6.169% 9/20/2045 <sup>(a)(c)</sup>  | 4249 | 4260 |

---

Capital Group Fixed Income ETF Trust<sub>10</sub>

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 10/17/2040 <sup>(a)(c)</sup>  | USD<br> 105<br>| $101 |
| Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 11/19/2040 <sup>(a)(c)</sup>  | 109 | 105 |
| Global SC Finance VII SRL, Series 2021-1A, Class A, 1.86% 4/17/2041 <sup>(a)(c)</sup>  | 127 | 119 |
| Global SC Finance VII SRL, Series 2021-2A, Class B, 2.49% 8/17/2041 <sup>(a)(c)</sup>  | 132 | 124 |
| Horizon Aircraft Finance, Series 2024-1, Class A, 5.375% 9/15/2049 <sup>(a)(c)</sup>  | 2693 | 2725 |
| Merchants Fleet Funding, LLC, Series 2024-1, Class A, 5.82% 4/20/2037 <sup>(a)(c)</sup>  | 772 | 777 |
| Mercury Financial Credit Card Master Trust, Series 2024-2A, Class A, 6.56% 7/20/2029 <sup>(a)(c)</sup>  | 1638 | 1647 |
| MMP Capital, Series 2025-A, Class A, 5.36% 12/15/2031 <sup>(a)(c)</sup>  | 315 | 318 |
| MMP Capital, Series 2025-A, Class B, 5.72% 12/15/2031 <sup>(a)(c)</sup>  | 664 | 679 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/2061 <sup>(a)(c)</sup>  | 5615 | 4704 |
| NMEF Funding, LLC, Series 2024-A, Class A2, 5.15% 12/15/2031 <sup>(a)(c)</sup>  | 1215 | 1223 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(a)(c)</sup>  | 1135 | 1139 |
| NMEF Funding, LLC, Series 2025-A, Class B, 5.18% 7/15/2032 <sup>(a)(c)</sup>  | 1175 | 1191 |
| NMEF Funding, LLC, Series 2025-B, Class B, 4.73% 1/18/2033 <sup>(a)(c)</sup>  | 2648 | 2669 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 <sup>(a)(c)</sup>  | 612 | 620 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class A, 4.98% 10/17/2031 <sup>(a)(c)</sup>  | 801 | 805 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class A, 5.08% 4/19/2032 <sup>(a)(c)</sup>  | 992 | 1000 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-2A, Class A, 4.84% 11/17/2032 <sup>(a)(c)</sup>  | 1028 | 1034 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-2A, Class B, 5.23% 11/17/2032 <sup>(a)(c)</sup>  | 935 | 939 |
| OWN Equipment Fund III, Series 2025-2M, Class A, 5.42% 3/27/2034 <sup>(a)(c)</sup>  | 7683 | 7734 |
| Pagaya Point Of Sale Holdings Grantor Trust, Series 2025-2, Class A, 5.065% 7/20/2033 <sup>(a)(c)</sup>  | 4556 | 4582 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A2, 4.74% 4/20/2027 <sup>(a)(c)</sup>  | 803 | 805 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class A2, 5.79% 6/21/2027 <sup>(a)(c)</sup>  | 570 | 575 |
| PEAC Solutions Receivables, LLC, Series 2025-1A, Class A2, 4.94% 10/20/2028 <sup>(a)(c)</sup>  | 1285 | 1293 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A3, 4.65% 10/20/2031 <sup>(a)(c)</sup>  | 585 | 589 |
| PFS Financing Corp., Series 2023-A, Class A, 5.80% 3/15/2028 <sup>(a)(c)</sup>  | 150 | 151 |
| PG&E Recovery Funding, LLC, Series 2024-A, Class A1, 4.838% 6/1/2035 <sup>(c)</sup>  | 1250 | 1272 |
| PK ALIFT Loan Funding, Series 2025-2, Class A, 4.75% 3/15/2043 <sup>(a)(c)</sup>  | 704 | 707 |
| Post Road Equipment Finance, Series 2024-1, Class C, 5.81% 10/15/2030 <sup>(a)(c)</sup>  | 900 | 913 |
| Reach Financial, LLC, Series 2024-2, Class A, 5.88% 7/15/2031 <sup>(a)(c)</sup>  | 247 | 248 |
| SCF Equipment Leasing, LLC, Series 2024-1A, Class A3, 5.52% 1/20/2032 <sup>(a)(c)</sup>  | 3597 | 3669 |
| SCF Equipment Leasing, LLC, Series 2024-1, Class B, 5.56% 4/20/2032 <sup>(a)(c)</sup>  | 3900 | 4025 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A2, 4.82% 7/22/2030 <sup>(a)(c)</sup>  | 494 | 496 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 <sup>(a)(c)</sup>  | 1658 | 1694 |
| Subway Funding, LLC, Series 2024-3, Class A2I, 5.246% 7/30/2054 <sup>(a)(c)</sup>  | 2523 | 2518 |
| Synchrony Card Issuance Trust, Series 2025-A1, Class A, 4.78% 2/18/2031 <sup>(c)</sup>  | 236 | 240 |
| Synchrony Card Issuance Trust, Series 2025-A2, Class A, 4.49% 5/15/2031 <sup>(c)</sup>  | 3402 | 3454 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(a)(c)</sup>  | 5641 | 5406 |
| Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 9/20/2045 <sup>(a)(c)</sup>  | 972 | 924 |
| Textainer Marine Containers, Ltd., Series 2021-1, Class A, 1.68% 2/20/2046 <sup>(a)(c)</sup>  | 1374 | 1295 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 4/20/2046 <sup>(a)(c)</sup>  | 1671 | 1585 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class B, 2.82% 4/20/2046 <sup>(a)(c)</sup>  | 877 | 824 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(a)(c)</sup>  | 1558 | 1567 |
| TIF Funding II, LLC, Series 2020-1A, Class A, 2.09% 8/20/2045 <sup>(a)(c)</sup>  | 468 | 449 |
| TIF Funding II, LLC, Series 2021-1A, Class A, 1.65% 2/20/2046 <sup>(a)(c)</sup>  | 4276 | 3925 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(a)(c)</sup>  | 1205 | 1211 |
| U.S. Bank National Association, Series 2025-SUP2, Class B1, 4.818% 9/25/2032 <sup>(a)(c)</sup>  | 1897 | 1909 |
| USQ Rail, Series 2021-3A, Class A, 2.21% 6/28/2051 <sup>(a)(c)</sup>  | 4536 | 4370 |
| Verdant Receivables, LLC, Series 2025-1A, Class A2, 4.85% 3/13/2028 <sup>(a)(c)</sup>  | 2075 | 2086 |
| Verdant Receivables, LLC, Series 2024-1, Class A2, 5.68% 12/12/2031 <sup>(a)(c)</sup>  | 570 | 582 |
| Verdant Receivables, LLC, Series 2024-1, Class B, 5.72% 12/12/2031 <sup>(a)(c)</sup>  | 1750 | 1805 |
| Verdant Receivables, LLC, Series 2025-1A, Class A3, 4.96% 5/12/2033 <sup>(a)(c)</sup>  | 3364 | 3431 |
| Verizon Master Trust, Series 2025-9, Class A1A, 3.96% 10/21/2030 (4.67% on 10/20/2027) <sup>(b)(c)</sup>  | 7309 | 7347 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(a)(c)</sup>  | 775 | 780 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class A2, 4.33% 9/20/2033 <sup>(a)(c)</sup>  | 216 | 217 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class D, 5.45% 9/20/2033 <sup>(a)(c)</sup>  | 521 | 525 |
|  |  | 165970 |
| **Auto loan 2.95%** |  |  |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class C, 5.63% 1/14/2030 <sup>(a)(c)</sup>  | 212 | 213 |

---

---

| | |
|:---|:---|
| **11** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class D, 6.53% 4/12/2030 <sup>(a)(c)</sup>  | USD<br> 683<br>| $698 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-1A, Class A, 4.80% 8/20/2029 <sup>(a)(c)</sup>  | 753 | 766 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class A, 5.81% 12/20/2029 <sup>(a)(c)</sup>  | 250 | 260 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8, Class A, 6.02% 2/20/2030 <sup>(a)(c)</sup>  | 150 | 157 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2024-1, Class A, 5.36% 6/20/2030 <sup>(a)(c)</sup>  | 117 | 121 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-2A, Class A, 5.12% 8/20/2031 <sup>(a)(c)</sup>  | 3503 | 3597 |
| BofA Auto Trust, Series 2024-1, Class A4, 5.31% 6/17/2030 <sup>(a)(c)</sup>  | 1000 | 1022 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class B, 5.43% 8/15/2028 <sup>(c)</sup>  | 53 | 53 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class C, 5.65% 4/16/2029 <sup>(c)</sup>  | 99 | 100 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-4, Class B, 4.77% 8/15/2030 <sup>(c)</sup>  | 656 | 659 |
| CarMax Auto Owner Trust, Series 2024-1, Class A4, 4.94% 8/15/2029 <sup>(c)</sup>  | 500 | 509 |
| CarMax Select Receivables Trust, Series 2024-A, Class A2A, 5.78% 9/15/2027 <sup>(c)</sup>  | 51 | 51 |
| Carvana Auto Receivables Trust, Series 2023-N4, Class A, 6.42% 1/10/2028 <sup>(a)(c)</sup>  | 8 | 8 |
| Carvana Auto Receivables Trust, Series 2024-P3, Class A3, 4.26% 10/10/2029 <sup>(c)</sup>  | 1956 | 1961 |
| Citizens Auto Receivables Trust, Series 2024-1, Class A3, 5.11% 4/17/2028 <sup>(a)(c)</sup>  | 82 | 83 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A4, 5.74% 10/15/2030 <sup>(a)(c)</sup>  | 150 | 153 |
| CPS Auto Receivables Trust, Series 2024-A, Class B, 5.65% 5/15/2028 <sup>(a)(c)</sup>  | 37 | 37 |
| CPS Auto Receivables Trust, Series 2024-D, Class A, 4.91% 6/15/2028 <sup>(a)(c)</sup>  | 100 | 101 |
| CPS Auto Receivables Trust, Series 2024-C, Class B, 5.68% 12/15/2028 <sup>(a)(c)</sup>  | 505 | 507 |
| CPS Auto Receivables Trust, Series 2024-A, Class C, 5.74% 4/15/2030 <sup>(a)(c)</sup>  | 100 | 101 |
| CPS Auto Receivables Trust, Series 2024-A, Class D, 6.13% 4/15/2030 <sup>(a)(c)</sup>  | 100 | 102 |
| CPS Auto Trust, Series 2025-D, Class A, 4.46% 7/16/2029 <sup>(a)(c)</sup>  | 2332 | 2334 |
| CPS Auto Trust, Series 2025-D, Class B, 4.48% 4/15/2030 <sup>(a)(c)</sup>  | 915 | 917 |
| Drive Auto Receivables Trust, Series 2024-1, Class B, 5.31% 1/16/2029 <sup>(c)</sup>  | 117 | 117 |
| Enterprise Fleet Financing, LLC, Series 2024-3, Class A2, 5.31% 4/20/2027 <sup>(a)(c)</sup>  | 383 | 384 |
| Enterprise Fleet Financing, LLC, Series 2024-4, Class A2, 4.69% 7/20/2027 <sup>(a)(c)</sup>  | 1178 | 1182 |
| Enterprise Fleet Financing, LLC, Series 2024-1, Class A2, 5.23% 3/20/2030 <sup>(a)(c)</sup>  | 76 | 77 |
| Enterprise Fleet Financing, LLC, Series 2024-1, Class A3, 5.16% 9/20/2030 <sup>(a)(c)</sup>  | 108 | 110 |
| Exeter Automobile Receivables Trust, Series 2023-5A, Class B, 6.58% 4/17/2028 <sup>(c)</sup>  | 21 | 21 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class B, 5.29% 8/15/2028 <sup>(c)</sup>  | 64 | 64 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class C, 5.41% 5/15/2030 <sup>(c)</sup>  | 121 | 122 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class B, 4.28% 7/15/2030 <sup>(c)</sup>  | 700 | 702 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class C, 4.68% 3/15/2032 <sup>(c)</sup>  | 1025 | 1029 |
| First Investors Auto Owner Trust, Series 2025-1A, Class B, 4.39% 1/15/2031 <sup>(a)(c)</sup>  | 1689 | 1695 |
| Ford Credit Auto Owner Trust, Series 2023-B, Class A4, 5.06% 2/15/2029 <sup>(c)</sup>  | 100 | 101 |
| Ford Credit Auto Owner Trust, Series 2023-1, Class A, 4.85% 8/15/2035 <sup>(a)(c)</sup>  | 150 | 153 |
| Ford Credit Floorplan Master Owner Trust, Series 2024-3, Class A1, 4.30% 9/15/2029 <sup>(a)(c)</sup>  | 2725 | 2749 |
| Ford Credit Floorplan Master Owner Trust, Series 2025-1, Class A1, 4.63% 4/15/2030 <sup>(c)</sup>  | 3116 | 3171 |
| GLS Auto Receivables Trust, Series 2024-4A, Class A3, 4.75% 7/17/2028 <sup>(a)(c)</sup>  | 553 | 555 |
| GLS Auto Receivables Trust, Series 2024-4A, Class B, 4.89% 4/16/2029 <sup>(a)(c)</sup>  | 457 | 460 |
| GLS Auto Receivables Trust, Series 2025-4A, Class B, 4.53% 4/15/2030 <sup>(a)(c)</sup>  | 2797 | 2810 |
| GLS Auto Receivables Trust, Series 2025-4A, Class C, 4.74% 8/15/2031 <sup>(a)(c)</sup>  | 3956 | 3981 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class A2, 4.43% 12/17/2029 <sup>(a)(c)</sup>  | 615 | 618 |
| GLS Auto Select Receivables Trust, Series 2024-1, Class A2, 5.24% 3/15/2030 <sup>(a)(c)</sup>  | 84 | 84 |
| GLS Auto Select Receivables Trust, Series 2024-2, Class A2, 5.58% 6/17/2030 <sup>(a)(c)</sup>  | 69 | 70 |
| GM Financial Revolving Receivables Trust, Series 2023-2, Class A, 5.77% 8/11/2036 <sup>(a)(c)</sup>  | 312 | 328 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class A, 5.49% 6/25/2027 <sup>(a)(c)</sup>  | 1382 | 1387 |
| Hertz Vehicle Financing III, LLC, Series 2023-4, Class A, 6.15% 3/25/2030 <sup>(a)(c)</sup>  | 150 | 157 |
| Hertz Vehicle Financing, LLC, Series 2023-1A, Class B, 6.22% 6/25/2027 <sup>(a)(c)</sup>  | 2505 | 2515 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class A, 1.68% 12/27/2027 <sup>(a)(c)</sup>  | 250 | 245 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class B, 2.12% 12/27/2027 <sup>(a)(c)</sup>  | 150 | 147 |
| Hertz Vehicle Financing, LLC, Series 2023-3A, Class A, 5.94% 2/25/2028 <sup>(a)(c)</sup>  | 4919 | 4995 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class A, 5.44% 1/25/2029 <sup>(a)(c)</sup>  | 517 | 528 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(a)(c)</sup>  | 1616 | 1637 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class C, 6.03% 9/25/2029 <sup>(a)(c)</sup>  | 1649 | 1677 |
| Huntington National Bank (The), Series 2024-2, Class B1, 5.44% 10/20/2032 <sup>(a)(c)</sup>  | 2330 | 2356 |
| Huntington National Bank (The), Series 2025-1, Class B, 4.957% 3/21/2033 <sup>(a)(c)</sup>  | 4277 | 4315 |
| Huntington National Bank (The), Series 2025-2, Class B1, 4.835% 9/20/2033 <sup>(a)(c)</sup>  | 5298 | 5335 |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A4, 5.07% 2/15/2028 <sup>(a)(c)</sup>  | 100 | 100 |
| Hyundai Floorplan Master Owner Trust, Series 2025-1A, Class A, 4.01% 10/15/2030 <sup>(a)(c)</sup>  | 5189 | 5195 |
| LAD Auto Receivables Trust, Series 2023-4, Class A3, 6.10% 12/15/2027 <sup>(a)(c)</sup>  | 4 | 4 |
| LAD Auto Receivables Trust, Series 2024-1, Class A3, 5.23% 1/18/2028 <sup>(a)(c)</sup>  | 10 | 10 |

---

Capital Group Fixed Income ETF Trust<sub>12</sub>

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| LAD Auto Receivables Trust, Series 2023-2, Class A3, 5.42% 2/15/2028 <sup>(a)(c)</sup>  | USD<br> 29<br>| $29 |
| LAD Auto Receivables Trust, Series 2024-1, Class A4, 5.17% 9/15/2028 <sup>(a)(c)</sup>  | 80 | 80 |
| LAD Auto Receivables Trust, Series 2024-2, Class A4, 5.46% 7/16/2029 <sup>(a)(c)</sup>  | 355 | 361 |
| Mercedes-Benz Auto Receivables Trust, Series 2023-2, Class A3, 5.95% 11/15/2028 <sup>(c)</sup>  | 51 | 51 |
| PenFed Auto Receivables Owner Trust, Series 2025-A, Class A2, 4.12% 9/15/2028 <sup>(a)(c)</sup>  | 1322 | 1324 |
| PenFed Auto Receivables Owner Trust, Series 2025-A, Class A3, 4.03% 7/15/2030 <sup>(a)(c)</sup>  | 516 | 518 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-4A, Class A2, 5.124% 4/25/2034 <sup>(a)(c)</sup>  | 4216 | 4234 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-5A, Class A2, 4.575% 6/26/2034 <sup>(a)(c)</sup>  | 2082 | 2084 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-5A, Class A3, 4.838% 6/26/2034 <sup>(a)(c)</sup>  | 4827 | 4841 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-5A, Class B, 5.228% 6/26/2034 <sup>(a)(c)</sup>  | 2994 | 3003 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.25% 4/17/2028 <sup>(c)</sup>  | 3 | 3 |
| Santander Drive Auto Receivables Trust, Series 2024-5, Class B, 4.63% 8/15/2029 <sup>(c)</sup>  | 2394 | 2407 |
| SBNA Auto Lease Trust, Series 2024-C, Class A3, 4.56% 2/22/2028 <sup>(a)(c)</sup>  | 682 | 684 |
| SBNA Auto Lease Trust, Series 2024-B, Class A4, 5.55% 12/20/2028 <sup>(a)(c)</sup>  | 1000 | 1013 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(a)(c)</sup>  | 171 | 173 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class C, 5.185% 7/25/2031 <sup>(a)(c)</sup>  | 546 | 552 |
| Securitized Term Auto Receivables Trust, Series 2025-B, Class B, 4.925% 12/29/2032 <sup>(a)(c)</sup>  | 1031 | 1041 |
| Securitized Term Auto Receivables Trust, Series 2025-B, Class C, 5.121% 12/29/2032 <sup>(a)(c)</sup>  | 566 | 571 |
| Securitized Term Auto Receivables Trust, Series 2025-B, Class D, 5.463% 12/29/2032 <sup>(a)(c)</sup>  | 456 | 459 |
| SFS Auto Receivables Securitization Trust, Series 2024-1, Class A3, 4.95% 5/21/2029 <sup>(a)(c)</sup>  | 173 | 174 |
| Stellantis Financial Underwritten Enhanced Lease Trust, Series 2025-AA, Class A2, 4.63% 7/20/2027 <sup>(a)(c)</sup>  | 2180 | 2188 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class B, 4.728% 9/26/2033 <sup>(a)(c)</sup>  | 3454 | 3461 |
| United Auto Credit Securitization Trust, Series 2025-1, Class A, 4.80% 6/10/2027 <sup>(a)(c)</sup>  | 183 | 183 |
| United Auto Credit Securitization Trust, Series 2025-1, Class B, 5.05% 2/10/2028 <sup>(a)(c)</sup>  | 1613 | 1616 |
| VStrong Auto Receivables Trust, Series 2024-A, Class A3, 5.62% 12/15/2028 <sup>(a)(c)</sup>  | 72 | 73 |
| Western Funding Auto Loan Trust, Series 2025-1, Class A, 4.75% 7/16/2035 <sup>(a)(c)</sup>  | 2225 | 2245 |
| Westlake Automobile Receivables Trust, Series 2023-4, Class A3, 6.24% 7/15/2027 <sup>(a)(c)</sup>  | 18 | 18 |
| Westlake Flooring Master Trust, Series 2024-1, Class A, 5.43% 2/15/2028 <sup>(a)(c)</sup>  | 137 | 137 |
| Westlake Flooring Master Trust, Series 2025-1A, Class A, 4.23% 10/15/2029 <sup>(a)(c)</sup>  | 4358 | 4367 |
| Wheels Fleet Lease Funding, LLC, Series 24-2A, Class A1, 4.87% 6/21/2039 <sup>(a)(c)</sup>  | 1906 | 1925 |
| Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(a)(c)</sup>  | 2099 | 2122 |
|  |  | 107633 |
| **Collateralized loan obligations 0.98%** |  |  |
| ARES CLO, Ltd., Series 2019-53A, Class A1R2, (3-month USD CME Term SOFR + 1.09%) 4.856% <br> 10/24/2036 <sup>(a)(c)(e)</sup>  | 7757 | 7762 |
| Canyon Capital CLO, Ltd., Series 2021-1A, Class AR, (3-month USD CME Term SOFR + 1.05%) 4.955% <br> 4/15/2034 <sup>(a)(c)(e)</sup>  | 8000 | 8006 |
| Dryden Senior Loan Fund, CLO, Series 2016-45A, Class A1RR, (3-month USD CME Term SOFR + 1.08%) <br> 4.985% 10/15/2030 <sup>(a)(c)(e)</sup>  | 1169 | 1170 |
| Fortress Credit BSL, Ltd., CLO, Series 2019-2A, Class A1AR, (3-month USD CME Term SOFR + 1.05%) 4.934% <br> 10/20/2032 <sup>(a)(c)(e)</sup>  | 495 | 495 |
| Marble Point CLO, Ltd., Series 2019-1A, Class A1R2, (3-month USD CME Term SOFR + 1.04%) 4.90% <br> 7/23/2032 <sup>(a)(c)(e)</sup>  | 2076 | 2077 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class ARR, (3-month USD CME Term SOFR + 1.04%) 4.945% <br> 4/15/2032 <sup>(a)(c)(e)</sup>  | 4252 | 4248 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 4.905% <br> 7/15/2032 <sup>(a)(c)(e)</sup>  | 1977 | 1973 |
| Thompson Park CLO, Ltd., Series 2021-1A, Class A1R, (3-month USD CME Term SOFR + 1.05%) 4.955% <br> 4/15/2034 <sup>(a)(c)(e)</sup>  | 3229 | 3231 |
| Trinitas CLO, Ltd., Series 2020-12A, Class A1R2, (3-month USD CME Term SOFR + 1.05%) 4.908% <br> 4/25/2033 <sup>(a)(c)(e)</sup>  | 6853 | 6860 |
|  |  | 35822 |
| **Credit card 0.67%** |  |  |
| Avant Credit Card Master Trust, Series 2024-2A, Class A, 5.38% 5/15/2029 <sup>(a)(c)</sup>  | 5000 | 5012 |
| Barclays Dryrock Issuance Trust, Series 2025-1, Class A, 3.97% 7/15/2031 <sup>(c)</sup>  | 5269 | 5283 |
| Brex Commercial Charge Card Master Trust, Series 2024-1, Class A1, 6.05% 7/15/2027 <sup>(a)(c)</sup>  | 403 | 404 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(a)(c)</sup>  | 410 | 416 |

---

---

| | |
|:---|:---|
| **13** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| First National Master Note Trust, Series 2023-2, Class A, 5.77% 9/17/2029 <sup>(c)</sup>  | USD<br> 150<br>| $152 |
| First National Master Note Trust, Series 2025-1, Class A, 4.85% 2/15/2030 <sup>(c)</sup>  | 2087 | 2130 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class A, 4.84% 9/15/2029 <sup>(a)(c)</sup>  | 2151 | 2157 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(a)(c)</sup>  | 2012 | 2025 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.58% 8/15/2029 <sup>(a)(c)</sup>  | 798 | 802 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(a)(c)</sup>  | 1694 | 1703 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(a)(c)</sup>  | 3109 | 3133 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.21% 9/15/2031 <sup>(a)(c)</sup>  | 663 | 668 |
| World Financial Network Credit Card Master Trust, Series 2024-A, Class A, 5.47% 2/17/2031 <sup>(c)</sup>  | 405 | 413 |
|  |  | 24298 |
| **Student loan 0.15%** |  |  |
| Navient Student Loan Trust, Series 2021-B, Class A, 0.94% 7/15/2069 <sup>(a)(c)</sup>  | 81 | 75 |
| Nelnet Student Loan Trust, Series 2025-AA, Class A1A, 5.07% 3/15/2057 <sup>(a)(c)</sup>  | 3506 | 3543 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(a)(c)</sup>  | 1959 | 1990 |
|  |  | 5608 |
| **Total asset-backed obligations** |  | 339331 |
| **Bonds & notes of governments & government agencies outside the U.S. 0.52%** | **Bonds & notes of governments & government agencies outside the U.S. 0.52%** | **Bonds & notes of governments & government agencies outside the U.S. 0.52%** |
| **Saudi Arabia 0.10%** |  |  |
| Saudi Arabia (Kingdom of) 5.125% 1/13/2028 <sup>(a)</sup>  | 3721 | 3804 |
| **Mexico 0.42%** |  |  |
| United Mexican States 6.00% 5/13/2030  | 14520 | 15242 |
| **Total bonds & notes of governments & government agencies outside the U.S.** |  | 19046 |
| **Loans 0.04%** | **Loans 0.04%** | **Loans 0.04%** |
| **Financials 0.04%** |  |  |
| Aero Capital Solutions, Inc., Term Loan, (1-month USD CME Term SOFR + 3.00%) 7.61% 11/17/2029 <sup>(a)(e)(g)(h)</sup>  | 1399 | 1389 |
| **Total loans** |  | 1389 |
| **Municipals 0.02%** | **Municipals 0.02%** | **Municipals 0.02%** |
| **Massachusetts 0.02%** |  |  |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-A, 6.352% 7/1/2049  | 705 | 729 |
| **Total bonds, notes & other debt instruments** (cost: $3,491,424,000) |  | 3523193 |
| Short-term securities 4.03% | Shares |  |
| **Money market investments 4.03%** | **Money market investments 4.03%** | **Money market investments 4.03%** |
| Capital Group Central Cash Fund 3.79% <sup>(i)(j)</sup>  | 1472029 | 147218 |
| **Total short-term securities** (cost: $147,184,000) |  | 147218 |
| **Total investment securities 100.46%** (cost: $3,638,608,000) |  | 3670411 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (0.46)% | (16646)<br>|
| **Net assets 100.00%** | $3653765 |

---

Capital Group Fixed Income ETF Trust<sub>14</sub>

------

Capital Group Core Bond ETF (continued)

**Futures contracts**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &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; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Short | 1354 | 3/31/2026 | USD(282700) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $121 |
| 5 Year U.S. Treasury Note Futures | Long | 6020 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 658014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1955)<br>|
| 10 Year U.S. Treasury Note Futures | Long | 1288 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 144820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1230)<br>|
| 10 Year Ultra U.S. Treasury Note Futures | Long | 478 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (502)<br>|
| 30 Year U.S. Treasury Bond Futures | Long | 308 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (461)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(4027)<br>|

---

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| SOFR | Annual | 3.376% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 3/31/2027 | USD7,280 | &nbsp;&nbsp;&nbsp;&nbsp; $1 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1 |
| SOFR | Annual | 3.3998% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 3/31/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 99200 | &nbsp;&nbsp;&nbsp;&nbsp; (14)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (14)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $(13)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(13)<br>|

---

**Credit default swaps**

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Financing <br>rate received<br>| &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp; Reference <br>index<br>| &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <sup>(k)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <sup>(l)</sup> <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 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 1.00% | Quarterly | CDX.NA.IG.S45 | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | USD131,281 | &nbsp;&nbsp;&nbsp;&nbsp; $2978 | &nbsp;&nbsp;&nbsp;&nbsp; $2941 | &nbsp;&nbsp;&nbsp;&nbsp; $37 |

---

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>1/1/2025 <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>12/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 4.03%** | **Short-term securities 4.03%** | **Short-term securities 4.03%** | **Short-term securities 4.03%** | **Short-term securities 4.03%** | **Short-term securities 4.03%** | **Short-term securities 4.03%** | **Short-term securities 4.03%** |
| **Money market investments 4.03%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 3.79% <sup>(i)</sup> | $58798 | &nbsp;&nbsp; $1199356 | &nbsp;&nbsp; $1110923 | &nbsp;&nbsp; $(45)<br>| &nbsp;&nbsp; $32 | &nbsp;&nbsp; $147218 | &nbsp;&nbsp; $4028 |

---

---

| | |
|:---|:---|
| **15** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Bond ETF (continued)

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

<sup>(a)</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 $917,766,000, which represented 25.12% of the net assets of the fund. 

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

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

<sup>(d)</sup> Purchased on a TBA basis.

<sup>(e)</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>(f)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $19,333,000, which represented 0.53% of the net assets of the fund. 

<sup>(g)</sup> Value determined using significant unobservable inputs.

<sup>(h)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $1,389,000, which represented 0.04% of the net assets of the fund. 

<sup>(i)</sup> Rate represents the seven-day yield at 12/31/2025.

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

<sup>(k)</sup> The maximum potential amount the fund may pay as a protection seller should a credit event occur.

<sup>(l)</sup> The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. 

---

| |
|:---|
| **Key to abbreviation(s)** |
| Auth. = Authority |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| Fncg. = Financing |
| ICE = Intercontinental Exchange, Inc. |
| Rev. = Revenue |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **16** |

---

------

Capital Group Core Plus Income ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 97.89% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations 42.15%** | **Mortgage-backed obligations 42.15%** | **Mortgage-backed obligations 42.15%** |
| **Federal agency mortgage-backed obligations 27.70%** |  |  |
| Fannie Mae Pool #253907 7.00% 7/1/2031 <sup>(a)</sup>  | USD <br>—<sup>(b)</sup><br>| — <br><sup>(b)</sup><br>|
| Fannie Mae Pool #625186 7.00% 1/1/2032 <sup>(a)</sup>  | — <br><sup>(b)</sup><br>| — <br><sup>(b)</sup><br>|
| Fannie Mae Pool #AL9446 3.00% 10/1/2046 <sup>(a)</sup>  | 3672 | $3335 |
| Fannie Mae Pool #AL9521 3.00% 10/1/2046 <sup>(a)</sup>  | 639 | 582 |
| Fannie Mae Pool #CA6078 2.50% 6/1/2050 <sup>(a)</sup>  | 107 | 91 |
| Fannie Mae Pool #FP0034 2.50% 10/1/2050 <sup>(a)</sup>  | 46 | 39 |
| Fannie Mae Pool #BQ9291 2.00% 12/1/2050 <sup>(a)</sup>  | 843 | 683 |
| Fannie Mae Pool #CA8026 2.50% 12/1/2050 <sup>(a)</sup>  | 94 | 80 |
| Fannie Mae Pool #CA8587 2.00% 1/1/2051 <sup>(a)</sup>  | 1496 | 1214 |
| Fannie Mae Pool #BR1283 2.00% 1/1/2051 <sup>(a)</sup>  | 677 | 549 |
| Fannie Mae Pool #FM6332 2.00% 2/1/2051 <sup>(a)</sup>  | 2163 | 1751 |
| Fannie Mae Pool #BR3255 2.00% 2/1/2051 <sup>(a)</sup>  | 1014 | 823 |
| Fannie Mae Pool #MA4255 2.00% 2/1/2051 <sup>(a)</sup>  | 66 | 54 |
| Fannie Mae Pool #FM6128 2.50% 2/1/2051 <sup>(a)</sup>  | 937 | 795 |
| Fannie Mae Pool #CA9233 2.50% 2/1/2051 <sup>(a)</sup>  | 472 | 400 |
| Fannie Mae Pool #CA8895 2.50% 2/1/2051 <sup>(a)</sup>  | 370 | 314 |
| Fannie Mae Pool #BR7124 2.00% 4/1/2051 <sup>(a)</sup>  | 5462 | 4421 |
| Fannie Mae Pool #CB0153 2.00% 4/1/2051 <sup>(a)</sup>  | 5124 | 4148 |
| Fannie Mae Pool #FM7512 2.00% 4/1/2051 <sup>(a)</sup>  | 1187 | 963 |
| Fannie Mae Pool #BR7222 2.50% 4/1/2051 <sup>(a)</sup>  | 234 | 198 |
| Fannie Mae Pool #FM7408 2.50% 5/1/2051 <sup>(a)</sup>  | 2168 | 1836 |
| Fannie Mae Pool #CB0396 2.50% 5/1/2051 <sup>(a)</sup>  | 523 | 443 |
| Fannie Mae Pool #BR9324 2.50% 5/1/2051 <sup>(a)</sup>  | 229 | 194 |
| Fannie Mae Pool #FM7222 2.50% 5/1/2051 <sup>(a)</sup>  | 210 | 178 |
| Fannie Mae Pool #CB0844 2.50% 6/1/2051 <sup>(a)</sup>  | 719 | 609 |
| Fannie Mae Pool #FM7943 2.00% 7/1/2051 <sup>(a)</sup>  | 374 | 303 |
| Fannie Mae Pool #CB1050 2.50% 7/1/2051 <sup>(a)</sup>  | 820 | 699 |
| Fannie Mae Pool #CB1134 2.50% 7/1/2051 <sup>(a)</sup>  | 658 | 557 |
| Fannie Mae Pool #CB1394 2.50% 8/1/2051 <sup>(a)</sup>  | 13920 | 11783 |
| Fannie Mae Pool #FM8662 3.00% 8/1/2051 <sup>(a)</sup>  | 3135 | 2777 |
| Fannie Mae Pool #CB1409 3.00% 8/1/2051 <sup>(a)</sup>  | 1631 | 1445 |
| Fannie Mae Pool #FM8692 2.50% 9/1/2051 <sup>(a)</sup>  | 1202 | 1017 |
| Fannie Mae Pool #FM8745 2.50% 9/1/2051 <sup>(a)</sup>  | 737 | 626 |
| Fannie Mae Pool #FM8436 2.50% 9/1/2051 <sup>(a)</sup>  | 549 | 465 |
| Fannie Mae Pool #FS3298 2.50% 10/1/2051 <sup>(a)</sup>  | 939 | 797 |
| Fannie Mae Pool #BT6781 2.50% 10/1/2051 <sup>(a)</sup>  | 798 | 676 |
| Fannie Mae Pool #FS5045 2.50% 10/1/2051 <sup>(a)</sup>  | 428 | 363 |
| Fannie Mae Pool #FM9195 2.50% 10/1/2051 <sup>(a)</sup>  | 39 | 34 |
| Fannie Mae Pool #CB1868 2.50% 10/1/2051 <sup>(a)</sup>  | 33 | 28 |
| Fannie Mae Pool #FM9067 2.50% 10/1/2051 <sup>(a)</sup>  | 28 | 24 |
| Fannie Mae Pool #BT6823 2.50% 10/1/2051 <sup>(a)</sup>  | 20 | 17 |
| Fannie Mae Pool #BU2803 2.50% 11/1/2051 <sup>(a)</sup>  | 915 | 774 |
| Fannie Mae Pool #BQ7452 2.00% 12/1/2051 <sup>(a)</sup>  | 7 | 5 |
| Fannie Mae Pool #FS2824 2.50% 12/1/2051 <sup>(a)</sup>  | 972 | 823 |
| Fannie Mae Pool #CB2408 2.50% 12/1/2051 <sup>(a)</sup>  | 250 | 213 |
| Fannie Mae Pool #FS6925 2.50% 12/1/2051 <sup>(a)</sup>  | 77 | 66 |
| Fannie Mae Pool #FM9904 2.50% 12/1/2051 <sup>(a)</sup>  | 72 | 61 |
| Fannie Mae Pool #BQ7006 2.00% 1/1/2052 <sup>(a)</sup>  | 1994 | 1620 |
| Fannie Mae Pool #FS0369 2.50% 1/1/2052 <sup>(a)</sup>  | 3548 | 3003 |
| Fannie Mae Pool #FS0381 2.50% 1/1/2052 <sup>(a)</sup>  | 948 | 802 |
| Fannie Mae Pool #FS0174 2.50% 1/1/2052 <sup>(a)</sup>  | 835 | 708 |
| Fannie Mae Pool #FS5127 3.00% 1/1/2052 <sup>(a)</sup>  | 1605 | 1421 |
| Fannie Mae Pool #CB2850 2.00% 2/1/2052 <sup>(a)</sup>  | 480 | 388 |
| Fannie Mae Pool #FS1885 2.50% 2/1/2052 <sup>(a)</sup>  | 927 | 787 |
| Fannie Mae Pool #BV2266 2.50% 2/1/2052 <sup>(a)</sup>  | 392 | 332 |
| Fannie Mae Pool #FS0834 2.50% 2/1/2052 <sup>(a)</sup>  | 30 | 25 |
| Fannie Mae Pool #FS0647 3.00% 2/1/2052 <sup>(a)</sup>  | 3281 | 2970 |
| Fannie Mae Pool #FS0893 3.00% 2/1/2052 <sup>(a)</sup>  | 680 | 603 |
| Fannie Mae Pool #CB2913 3.50% 2/1/2052 <sup>(a)</sup>  | 556 | 515 |
| Fannie Mae Pool #BV0272 3.50% 2/1/2052 <sup>(a)</sup>  | 214 | 198 |
| Fannie Mae Pool #FS1978 2.50% 3/1/2052 <sup>(a)</sup>  | 8550 | 7238 |
| Fannie Mae Pool #CB3031 2.50% 3/1/2052 <sup>(a)</sup>  | 238 | 203 |

---

---

| | |
|:---|:---|
| **17** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fannie Mae Pool #FS4110 2.50% 3/1/2052 <sup>(a)</sup>  | USD<br> 68<br>| $58 |
| Fannie Mae Pool #FS5327 3.00% 3/1/2052 <sup>(a)</sup>  | 889 | 787 |
| Fannie Mae Pool #BV2954 3.00% 3/1/2052 <sup>(a)</sup>  | 705 | 625 |
| Fannie Mae Pool #CB3394 2.00% 4/1/2052 <sup>(a)</sup>  | 1114 | 902 |
| Fannie Mae Pool #FS1598 2.00% 4/1/2052 <sup>(a)</sup>  | 1064 | 863 |
| Fannie Mae Pool #MA4577 2.00% 4/1/2052 <sup>(a)</sup>  | 814 | 660 |
| Fannie Mae Pool #BV5370 2.50% 4/1/2052 <sup>(a)</sup>  | 6675 | 5679 |
| Fannie Mae Pool #BV8126 2.50% 4/1/2052 <sup>(a)</sup>  | 876 | 745 |
| Fannie Mae Pool #BV5332 2.50% 4/1/2052 <sup>(a)</sup>  | 221 | 188 |
| Fannie Mae Pool #FS7500 2.50% 4/1/2052 <sup>(a)</sup>  | 35 | 30 |
| Fannie Mae Pool #BV8117 3.00% 4/1/2052 <sup>(a)</sup>  | 2295 | 2033 |
| Fannie Mae Pool #FS4198 3.00% 4/1/2052 <sup>(a)</sup>  | 1025 | 909 |
| Fannie Mae Pool #FS7061 3.00% 4/1/2052 <sup>(a)</sup>  | 656 | 581 |
| Fannie Mae Pool #FS1405 3.00% 4/1/2052 <sup>(a)</sup>  | 636 | 564 |
| Fannie Mae Pool #CB3361 3.00% 4/1/2052 <sup>(a)</sup>  | 625 | 558 |
| Fannie Mae Pool #CB3242 3.00% 4/1/2052 <sup>(a)</sup>  | 409 | 363 |
| Fannie Mae Pool #BV6617 3.50% 4/1/2052 <sup>(a)</sup>  | 734 | 680 |
| Fannie Mae Pool #CB3375 3.50% 4/1/2052 <sup>(a)</sup>  | 260 | 241 |
| Fannie Mae Pool #FS9189 2.00% 5/1/2052 <sup>(a)</sup>  | 2452 | 1992 |
| Fannie Mae Pool #MA4597 2.00% 5/1/2052 <sup>(a)</sup>  | 771 | 626 |
| Fannie Mae Pool #BV9644 2.50% 5/1/2052 <sup>(a)</sup>  | 10447 | 8891 |
| Fannie Mae Pool #BT7826 2.50% 5/1/2052 <sup>(a)</sup>  | 685 | 580 |
| Fannie Mae Pool #BW2204 2.50% 5/1/2052 <sup>(a)</sup>  | 94 | 80 |
| Fannie Mae Pool #FS5387 2.50% 5/1/2052 <sup>(a)</sup>  | 54 | 45 |
| Fannie Mae Pool #CB3586 3.00% 5/1/2052 <sup>(a)</sup>  | 2366 | 2099 |
| Fannie Mae Pool #BV5578 3.00% 5/1/2052 <sup>(a)</sup>  | 957 | 849 |
| Fannie Mae Pool #CB3523 3.00% 5/1/2052 <sup>(a)</sup>  | 700 | 621 |
| Fannie Mae Pool #CB3674 3.50% 5/1/2052 <sup>(a)</sup>  | 984 | 912 |
| Fannie Mae Pool #BU8818 3.50% 5/1/2052 <sup>(a)</sup>  | 798 | 740 |
| Fannie Mae Pool #BV9700 2.50% 6/1/2052 <sup>(a)</sup>  | 3212 | 2730 |
| Fannie Mae Pool #MA4623 2.50% 6/1/2052 <sup>(a)</sup>  | 2038 | 1735 |
| Fannie Mae Pool #BW7323 2.50% 6/1/2052 <sup>(a)</sup>  | 456 | 388 |
| Fannie Mae Pool #FS4710 2.50% 6/1/2052 <sup>(a)</sup>  | 36 | 30 |
| Fannie Mae Pool #MA4626 4.00% 6/1/2052 <sup>(a)</sup>  | 7620 | 7276 |
| Fannie Mae Pool #FA2839 2.50% 7/1/2052 <sup>(a)</sup>  | 20156 | 17062 |
| Fannie Mae Pool #MA4652 2.50% 7/1/2052 <sup>(a)</sup>  | 3659 | 3110 |
| Fannie Mae Pool #FS7879 2.50% 7/1/2052 <sup>(a)</sup>  | 33 | 28 |
| Fannie Mae Pool #FS7057 2.50% 7/1/2052 <sup>(a)</sup>  | 26 | 22 |
| Fannie Mae Pool #MA4743 2.50% 8/1/2052 <sup>(a)</sup>  | 231 | 197 |
| Fannie Mae Pool #BV8015 2.50% 8/1/2052 <sup>(a)</sup>  | 186 | 158 |
| Fannie Mae Pool #FA2841 3.00% 8/1/2052 <sup>(a)</sup>  | 279 | 247 |
| Fannie Mae Pool #FS9324 3.50% 9/1/2052 <sup>(a)</sup>  | 288 | 267 |
| Fannie Mae Pool #FS3056 2.00% 10/1/2052 <sup>(a)</sup>  | 9980 | 8106 |
| Fannie Mae Pool #MA4824 2.50% 10/1/2052 <sup>(a)</sup>  | 2045 | 1733 |
| Fannie Mae Pool #BX0466 4.00% 11/1/2052 <sup>(a)</sup>  | 926 | 884 |
| Fannie Mae Pool #MA4805 4.50% 11/1/2052 <sup>(a)</sup>  | 13110 | 12853 |
| Fannie Mae Pool #BX3197 3.50% 12/1/2052 <sup>(a)</sup>  | 234 | 217 |
| Fannie Mae Pool #BX2469 5.50% 12/1/2052 <sup>(a)</sup>  | 239 | 243 |
| Fannie Mae Pool #FS5520 4.50% 1/1/2053 <sup>(a)</sup>  | 3416 | 3350 |
| Fannie Mae Pool #FS4435 2.50% 2/1/2053 <sup>(a)</sup>  | 1050 | 893 |
| Fannie Mae Pool #BW4985 4.00% 2/1/2053 <sup>(a)</sup>  | 1257 | 1198 |
| Fannie Mae Pool #MA4919 5.50% 2/1/2053 <sup>(a)</sup>  | 1251 | 1270 |
| Fannie Mae Pool #FS5329 3.00% 3/1/2053 <sup>(a)</sup>  | 144 | 127 |
| Fannie Mae Pool #BW5000 4.00% 3/1/2053 <sup>(a)</sup>  | 953 | 910 |
| Fannie Mae Pool #MA4962 4.00% 3/1/2053 <sup>(a)</sup>  | 899 | 857 |
| Fannie Mae Pool #FS4191 5.50% 3/1/2053 <sup>(a)</sup>  | 305 | 312 |
| Fannie Mae Pool #SD3124 2.50% 6/1/2053 <sup>(a)</sup>  | 435 | 370 |
| Fannie Mae Pool #CB6297 4.00% 5/1/2053 <sup>(a)</sup>  | 902 | 858 |
| Fannie Mae Pool #MA5009 5.00% 5/1/2053 <sup>(a)</sup>  | 5235 | 5250 |
| Fannie Mae Pool #MA5010 5.50% 5/1/2053 <sup>(a)</sup>  | 217 | 221 |
| Fannie Mae Pool #BW9777 3.00% 6/1/2053 <sup>(a)</sup>  | 1231 | 1090 |
| Fannie Mae Pool #BW9618 3.00% 6/1/2053 <sup>(a)</sup>  | 121 | 107 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **18** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fannie Mae Pool #MA5038 5.00% 6/1/2053 <sup>(a)</sup>  | USD<br> 2,355<br>| $2361 |
| Fannie Mae Pool #FS6037 2.50% 7/1/2053 <sup>(a)</sup>  | 64 | 54 |
| Fannie Mae Pool #MA5072 5.50% 7/1/2053 <sup>(a)</sup>  | 1659 | 1689 |
| Fannie Mae Pool #BX4574 3.00% 8/1/2053 <sup>(a)</sup>  | 505 | 447 |
| Fannie Mae Pool #MA5107 5.50% 8/1/2053 <sup>(a)</sup>  | 93 | 95 |
| Fannie Mae Pool #FS7064 3.00% 9/1/2053 <sup>(a)</sup>  | 1974 | 1749 |
| Fannie Mae Pool #MA5177 4.00% 10/1/2053 <sup>(a)</sup>  | 6551 | 6236 |
| Fannie Mae Pool #MA5165 5.50% 10/1/2053 <sup>(a)</sup>  | 379 | 386 |
| Fannie Mae Pool #MA5166 6.00% 10/1/2053 <sup>(a)</sup>  | 8334 | 8580 |
| Fannie Mae Pool #MA5191 6.00% 11/1/2053 <sup>(a)</sup>  | 2173 | 2237 |
| Fannie Mae Pool #FS6601 3.50% 12/1/2053 <sup>(a)</sup>  | 231 | 214 |
| Fannie Mae Pool #BY1448 4.00% 12/1/2053 <sup>(a)</sup>  | 4649 | 4420 |
| Fannie Mae Pool #FS6668 5.50% 12/1/2053 <sup>(a)</sup>  | 243 | 247 |
| Fannie Mae Pool #CB8089 7.00% 12/1/2053 <sup>(a)</sup>  | 212 | 223 |
| Fannie Mae Pool #FS7880 2.50% 1/1/2054 <sup>(a)</sup>  | 57 | 48 |
| Fannie Mae Pool #MA5263 4.00% 1/1/2054 <sup>(a)</sup>  | 11132 | 10583 |
| Fannie Mae Pool #FS6809 5.50% 2/1/2054 <sup>(a)</sup>  | 220 | 223 |
| Fannie Mae Pool #FS7809 7.00% 2/1/2054 <sup>(a)</sup>  | 4000 | 4211 |
| Fannie Mae Pool #MA5296 5.50% 3/1/2054 <sup>(a)</sup>  | 5494 | 5579 |
| Fannie Mae Pool #CB8148 5.50% 3/1/2054 <sup>(a)</sup>  | 2626 | 2677 |
| Fannie Mae Pool #DA7881 5.50% 3/1/2054 <sup>(a)</sup>  | 288 | 292 |
| Fannie Mae Pool #MA5295 6.00% 3/1/2054 <sup>(a)</sup>  | 5947 | 6112 |
| Fannie Mae Pool #MA5341 4.00% 4/1/2054 <sup>(a)</sup>  | 292 | 277 |
| Fannie Mae Pool #MA5328 6.00% 4/1/2054 <sup>(a)</sup>  | 768 | 790 |
| Fannie Mae Pool #MA5388 5.50% 6/1/2054 <sup>(a)</sup>  | 30 | 30 |
| Fannie Mae Pool #CB8755 6.00% 6/1/2054 <sup>(a)</sup>  | 3251 | 3352 |
| Fannie Mae Pool #CB8842 5.50% 7/1/2054 <sup>(a)</sup>  | 5893 | 6012 |
| Fannie Mae Pool #CB8858 6.00% 7/1/2054 <sup>(a)</sup>  | 5039 | 5208 |
| Fannie Mae Pool #FS8318 6.00% 7/1/2054 <sup>(a)</sup>  | 3282 | 3417 |
| Fannie Mae Pool #MA5421 6.00% 7/1/2054 <sup>(a)</sup>  | 2077 | 2134 |
| Fannie Mae Pool #FS8790 6.50% 7/1/2054 <sup>(a)</sup>  | 13224 | 13778 |
| Fannie Mae Pool #CB8876 6.50% 7/1/2054 <sup>(a)</sup>  | 856 | 894 |
| Fannie Mae Pool #FS8317 6.50% 7/1/2054 <sup>(a)</sup>  | 509 | 535 |
| Fannie Mae Pool #DB8381 5.50% 8/1/2054 <sup>(a)</sup>  | 528 | 536 |
| Fannie Mae Pool #MA5445 6.00% 8/1/2054 <sup>(a)</sup>  | 6136 | 6304 |
| Fannie Mae Pool #MA5446 6.50% 8/1/2054 <sup>(a)</sup>  | 5336 | 5546 |
| Fannie Mae Pool #MA5470 5.50% 9/1/2054 <sup>(a)</sup>  | 20148 | 20452 |
| Fannie Mae Pool #DC3262 6.00% 9/1/2054 <sup>(a)</sup>  | 2722 | 2797 |
| Fannie Mae Pool #DC3459 6.00% 9/1/2054 <sup>(a)</sup>  | 1348 | 1385 |
| Fannie Mae Pool #MA5472 6.50% 9/1/2054 <sup>(a)</sup>  | 16298 | 16942 |
| Fannie Mae Pool #DC1349 6.50% 9/1/2054 <sup>(a)</sup>  | 25 | 26 |
| Fannie Mae Pool #MA5531 5.50% 11/1/2054 <sup>(a)</sup>  | 3206 | 3254 |
| Fannie Mae Pool #DC6011 5.50% 11/1/2054 <sup>(a)</sup>  | 552 | 560 |
| Fannie Mae Pool #MA5552 5.00% 12/1/2054 <sup>(a)</sup>  | 129637 | 129386 |
| Fannie Mae Pool #DC4826 5.50% 12/1/2054 <sup>(a)</sup>  | 3740 | 3795 |
| Fannie Mae Pool #DC6842 5.50% 12/1/2054 <sup>(a)</sup>  | 1667 | 1692 |
| Fannie Mae Pool #DC4736 5.50% 12/1/2054 <sup>(a)</sup>  | 1314 | 1342 |
| Fannie Mae Pool #MB0294 4.00% 1/1/2055 <sup>(a)</sup>  | 2122 | 2015 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(a)</sup>  | 6989 | 7180 |
| Fannie Mae Pool #FA1000 7.00% 2/1/2055 <sup>(a)</sup>  | 5477 | 5771 |
| Fannie Mae Pool #MA5643 4.00% 3/1/2055 <sup>(a)</sup>  | 7656 | 7268 |
| Fannie Mae Pool #MB0304 4.00% 3/1/2055 <sup>(a)</sup>  | 2000 | 1899 |
| Fannie Mae Pool #MA5644 4.50% 3/1/2055 <sup>(a)</sup>  | 34663 | 33867 |
| Fannie Mae Pool #MA5646 5.50% 3/1/2055 <sup>(a)</sup>  | 6034 | 6123 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(a)</sup>  | 4279 | 4396 |
| Fannie Mae Pool #FA2843 6.50% 3/1/2055 <sup>(a)</sup>  | 40904 | 42543 |
| Fannie Mae Pool #190445 6.50% 3/1/2055 <sup>(a)</sup>  | 31396 | 32635 |
| Fannie Mae Pool #MA5649 7.00% 3/1/2055 <sup>(a)</sup>  | 4028 | 4238 |
| Fannie Mae Pool #MA5670 4.00% 4/1/2055 <sup>(a)</sup>  | 1000 | 949 |
| Fannie Mae Pool #MA5671 4.50% 4/1/2055 <sup>(a)</sup>  | 36730 | 35886 |
| Fannie Mae Pool #FA1162 6.00% 4/1/2055 <sup>(a)</sup>  | 2064 | 2121 |
| Fannie Mae Pool #DD4459 6.00% 4/1/2055 <sup>(a)</sup>  | 2027 | 2083 |

---

---

| | |
|:---|:---|
| **19** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fannie Mae Pool #DD4167 6.50% 4/1/2055 <sup>(a)</sup>  | USD<br> 19<br>| $19 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(a)</sup>  | 7932 | 8150 |
| Fannie Mae Pool #MA5761 6.00% 7/1/2055 <sup>(a)</sup>  | 23529 | 24178 |
| Fannie Mae Pool #MA5762 6.50% 7/1/2055 <sup>(a)</sup>  | 14386 | 14952 |
| Fannie Mae Pool #CC0879 6.00% 8/1/2055 <sup>(a)</sup>  | 14774 | 15376 |
| Fannie Mae Pool #BV6044 3.50% 9/1/2055 <sup>(a)</sup>  | 1208 | 1120 |
| Fannie Mae Pool #MA5850 4.00% 10/1/2055 <sup>(a)</sup>  | 1000 | 949 |
| Fannie Mae Pool #MA5876 4.00% 11/1/2055 <sup>(a)</sup>  | 1000 | 949 |
| Fannie Mae Pool #MA5907 4.00% 12/1/2055 <sup>(a)</sup>  | 2000 | 1898 |
| Fannie Mae Pool #MA5942 4.00% 1/1/2056 <sup>(a)</sup>  | 1000 | 949 |
| Farmer Mac Agricultural Real Estate Trust, Series 2025-1, Class A1, 5.22% 8/1/2055 <sup>(a)(c)(d)</sup>  | 23819 | 24179 |
| Freddie Mac Pool #ZS4017 5.50% 9/1/2027 <sup>(a)</sup>  | 1 | 1 |
| Freddie Mac Pool #QB7243 2.00% 1/1/2051 <sup>(a)</sup>  | 1812 | 1467 |
| Freddie Mac Pool #SD0554 2.50% 3/1/2051 <sup>(a)</sup>  | 312 | 264 |
| Freddie Mac Pool #QC0416 2.50% 4/1/2051 <sup>(a)</sup>  | 123 | 104 |
| Freddie Mac Pool #SI2108 2.50% 4/1/2051 <sup>(a)</sup>  | 115 | 97 |
| Freddie Mac Pool #RA5155 2.00% 5/1/2051 <sup>(a)</sup>  | 793 | 642 |
| Freddie Mac Pool #QC3428 2.50% 6/1/2051 <sup>(a)</sup>  | 672 | 569 |
| Freddie Mac Pool #QC4360 3.00% 7/1/2051 <sup>(a)</sup>  | 957 | 849 |
| Freddie Mac Pool #SD0718 2.50% 8/1/2051 <sup>(a)</sup>  | 1000 | 847 |
| Freddie Mac Pool #RA5767 2.50% 9/1/2051 <sup>(a)</sup>  | 1527 | 1292 |
| Freddie Mac Pool #SD5485 2.50% 9/1/2051 <sup>(a)</sup>  | 924 | 784 |
| Freddie Mac Pool #RA5841 3.00% 9/1/2051 <sup>(a)</sup>  | 143 | 127 |
| Freddie Mac Pool #RA6136 2.50% 10/1/2051 <sup>(a)</sup>  | 980 | 830 |
| Freddie Mac Pool #QC9251 2.50% 10/1/2051 <sup>(a)</sup>  | 23 | 19 |
| Freddie Mac Pool #QD1841 2.00% 11/1/2051 <sup>(a)</sup>  | 1735 | 1405 |
| Freddie Mac Pool #RA6231 2.50% 11/1/2051 <sup>(a)</sup>  | 850 | 720 |
| Freddie Mac Pool #RA6411 2.50% 11/1/2051 <sup>(a)</sup>  | 125 | 105 |
| Freddie Mac Pool #QD0981 3.00% 11/1/2051 <sup>(a)</sup>  | 2410 | 2136 |
| Freddie Mac Pool #QD2256 3.00% 11/1/2051 <sup>(a)</sup>  | 992 | 880 |
| Freddie Mac Pool #SD1605 2.50% 12/1/2051 <sup>(a)</sup>  | 976 | 826 |
| Freddie Mac Pool #RA6492 2.50% 12/1/2051 <sup>(a)</sup>  | 57 | 48 |
| Freddie Mac Pool #RA6427 3.00% 12/1/2051 <sup>(a)</sup>  | 1519 | 1345 |
| Freddie Mac Pool #QD9124 2.00% 2/1/2052 <sup>(a)</sup>  | 1480 | 1198 |
| Freddie Mac Pool #RA6114 2.00% 2/1/2052 <sup>(a)</sup>  | 1079 | 873 |
| Freddie Mac Pool #RA6771 2.00% 2/1/2052 <sup>(a)</sup>  | 1048 | 849 |
| Freddie Mac Pool #QD7967 2.00% 2/1/2052 <sup>(a)</sup>  | 975 | 790 |
| Freddie Mac Pool #SD0902 2.50% 2/1/2052 <sup>(a)</sup>  | 715 | 605 |
| Freddie Mac Pool #SD2962 2.50% 2/1/2052 <sup>(a)</sup>  | 512 | 435 |
| Freddie Mac Pool #QD6256 3.00% 2/1/2052 <sup>(a)</sup>  | 1978 | 1755 |
| Freddie Mac Pool #RA6856 3.00% 2/1/2052 <sup>(a)</sup>  | 1423 | 1262 |
| Freddie Mac Pool #QD5990 3.00% 2/1/2052 <sup>(a)</sup>  | 1370 | 1215 |
| Freddie Mac Pool #QD7819 3.00% 2/1/2052 <sup>(a)</sup>  | 608 | 541 |
| Freddie Mac Pool #SD8199 2.00% 3/1/2052 <sup>(a)</sup>  | 1946 | 1579 |
| Freddie Mac Pool #QD8010 2.00% 3/1/2052 <sup>(a)</sup>  | 899 | 728 |
| Freddie Mac Pool #QE0887 2.00% 3/1/2052 <sup>(a)</sup>  | 829 | 671 |
| Freddie Mac Pool #QE0615 2.50% 3/1/2052 <sup>(a)</sup>  | 805 | 684 |
| Freddie Mac Pool #QD8972 2.50% 3/1/2052 <sup>(a)</sup>  | 423 | 360 |
| Freddie Mac Pool #SD1164 3.50% 3/1/2052 <sup>(a)</sup>  | 5493 | 5093 |
| Freddie Mac Pool #RA6945 3.50% 3/1/2052 <sup>(a)</sup>  | 27 | 25 |
| Freddie Mac Pool #QE0312 2.00% 4/1/2052 <sup>(a)</sup>  | 902 | 730 |
| Freddie Mac Pool #QE1102 2.50% 4/1/2052 <sup>(a)</sup>  | 9814 | 8347 |
| Freddie Mac Pool #SD3478 2.50% 4/1/2052 <sup>(a)</sup>  | 1296 | 1097 |
| Freddie Mac Pool #QE0170 2.50% 4/1/2052 <sup>(a)</sup>  | 612 | 521 |
| Freddie Mac Pool #RA8828 2.50% 4/1/2052 <sup>(a)</sup>  | 577 | 490 |
| Freddie Mac Pool #QE0323 2.50% 4/1/2052 <sup>(a)</sup>  | 403 | 342 |
| Freddie Mac Pool #QE0292 2.50% 4/1/2052 <sup>(a)</sup>  | 265 | 225 |
| Freddie Mac Pool #QE2310 2.50% 4/1/2052 <sup>(a)</sup>  | 122 | 104 |
| Freddie Mac Pool #QE1488 2.50% 4/1/2052 <sup>(a)</sup>  | 59 | 50 |
| Freddie Mac Pool #SD1156 3.00% 4/1/2052 <sup>(a)</sup>  | 788 | 699 |
| Freddie Mac Pool #SD8206 3.00% 4/1/2052 <sup>(a)</sup>  | 768 | 681 |
| Freddie Mac Pool #RA7130 3.00% 4/1/2052 <sup>(a)</sup>  | 736 | 652 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **20** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Freddie Mac Pool #QE0744 3.50% 4/1/2052 <sup>(a)</sup>  | USD<br> 861<br>| $798 |
| Freddie Mac Pool #RA7139 2.50% 5/1/2052 <sup>(a)</sup>  | 274 | 232 |
| Freddie Mac Pool #SD8213 3.00% 5/1/2052 <sup>(a)</sup>  | 40629 | 36087 |
| Freddie Mac Pool #QE1237 3.50% 5/1/2052 <sup>(a)</sup>  | 983 | 911 |
| Freddie Mac Pool #QE5301 3.50% 5/1/2052 <sup>(a)</sup>  | 679 | 630 |
| Freddie Mac Pool #QE4044 2.50% 6/1/2052 <sup>(a)</sup>  | 471 | 399 |
| Freddie Mac Pool #SD8219 2.50% 6/1/2052 <sup>(a)</sup>  | 380 | 323 |
| Freddie Mac Pool #SD6203 3.00% 6/1/2052 <sup>(a)</sup>  | 126 | 111 |
| Freddie Mac Pool #QE4383 4.00% 6/1/2052 <sup>(a)</sup>  | 668 | 638 |
| Freddie Mac Pool #SL2621 2.50% 7/1/2052 <sup>(a)</sup>  | 19134 | 16197 |
| Freddie Mac Pool #SD5368 2.50% 7/1/2052 <sup>(a)</sup>  | 3314 | 2810 |
| Freddie Mac Pool #QE6097 2.50% 7/1/2052 <sup>(a)</sup>  | 567 | 482 |
| Freddie Mac Pool #SD3632 2.50% 7/1/2052 <sup>(a)</sup>  | 185 | 157 |
| Freddie Mac Pool #SD8225 3.00% 7/1/2052 <sup>(a)</sup>  | 35626 | 31591 |
| Freddie Mac Pool #SD4673 3.00% 7/1/2052 <sup>(a)</sup>  | 1413 | 1252 |
| Freddie Mac Pool #SD3117 4.00% 7/1/2052 <sup>(a)</sup>  | 5472 | 5225 |
| Freddie Mac Pool #SD8234 2.50% 8/1/2052 <sup>(a)</sup>  | 1443 | 1227 |
| Freddie Mac Pool #QE8026 2.50% 8/1/2052 <sup>(a)</sup>  | 355 | 301 |
| Freddie Mac Pool #SD8235 3.00% 8/1/2052 <sup>(a)</sup>  | 1231 | 1092 |
| Freddie Mac Pool #SL1039 3.00% 8/1/2052 <sup>(a)</sup>  | 973 | 862 |
| Freddie Mac Pool #SD7346 3.00% 8/1/2052 <sup>(a)</sup>  | 897 | 795 |
| Freddie Mac Pool #QE8105 3.50% 8/1/2052 <sup>(a)</sup>  | 275 | 255 |
| Freddie Mac Pool #SD8262 2.50% 9/1/2052 <sup>(a)</sup>  | 5916 | 5030 |
| Freddie Mac Pool #QF0923 2.50% 9/1/2052 <sup>(a)</sup>  | 621 | 527 |
| Freddie Mac Pool #SD8271 2.50% 10/1/2052 <sup>(a)</sup>  | 436 | 370 |
| Freddie Mac Pool #SD8291 2.50% 11/1/2052 <sup>(a)</sup>  | 691 | 586 |
| Freddie Mac Pool #SD8263 3.00% 11/1/2052 <sup>(a)</sup>  | 1250 | 1108 |
| Freddie Mac Pool #QF5342 4.00% 12/1/2052 <sup>(a)</sup>  | 937 | 894 |
| Freddie Mac Pool #SD8303 2.50% 1/1/2053 <sup>(a)</sup>  | 362 | 307 |
| Freddie Mac Pool #SD8312 2.50% 1/1/2053 <sup>(a)</sup>  | 312 | 266 |
| Freddie Mac Pool #SD8287 4.50% 1/1/2053 <sup>(a)</sup>  | 21121 | 20706 |
| Freddie Mac Pool #SD8299 5.00% 2/1/2053 <sup>(a)</sup>  | 3685 | 3692 |
| Freddie Mac Pool #SD8305 4.00% 3/1/2053 <sup>(a)</sup>  | 2137 | 2040 |
| Freddie Mac Pool #SD2610 4.00% 3/1/2053 <sup>(a)</sup>  | 267 | 254 |
| Freddie Mac Pool #RA8720 4.00% 4/1/2053 <sup>(a)</sup>  | 843 | 805 |
| Freddie Mac Pool #QG1193 5.50% 4/1/2053 <sup>(a)</sup>  | 296 | 301 |
| Freddie Mac Pool #SD8321 4.00% 5/1/2053 <sup>(a)</sup>  | 1104 | 1049 |
| Freddie Mac Pool #SD8323 5.00% 5/1/2053 <sup>(a)</sup>  | 2330 | 2334 |
| Freddie Mac Pool #SD8331 5.50% 6/1/2053 <sup>(a)</sup>  | 3186 | 3241 |
| Freddie Mac Pool #SD3417 2.50% 7/1/2053 <sup>(a)</sup>  | 1030 | 875 |
| Freddie Mac Pool #SD8353 4.00% 7/1/2053 <sup>(a)</sup>  | 888 | 844 |
| Freddie Mac Pool #SD8342 5.50% 6/1/2053 <sup>(a)</sup>  | 1828 | 1860 |
| Freddie Mac Pool #RA9735 2.50% 8/1/2053 <sup>(a)</sup>  | 178 | 151 |
| Freddie Mac Pool #SD8357 4.00% 8/1/2053 <sup>(a)</sup>  | 903 | 859 |
| Freddie Mac Pool #QG9041 4.00% 8/1/2053 <sup>(a)</sup>  | 574 | 546 |
| Freddie Mac Pool #SD8375 4.00% 9/1/2053 <sup>(a)</sup>  | 912 | 867 |
| Freddie Mac Pool #SD8362 5.50% 9/1/2053 <sup>(a)</sup>  | 18913 | 19239 |
| Freddie Mac Pool #SD8363 6.00% 9/1/2053 <sup>(a)</sup>  | 4648 | 4787 |
| Freddie Mac Pool #SD4077 2.50% 10/1/2053 <sup>(a)</sup>  | 2888 | 2455 |
| Freddie Mac Pool #SD4550 2.50% 10/1/2053 <sup>(a)</sup>  | 175 | 148 |
| Freddie Mac Pool #SD8367 5.50% 10/1/2053 <sup>(a)</sup>  | 1424 | 1448 |
| Freddie Mac Pool #SD4977 5.00% 11/1/2053 <sup>(a)</sup>  | 92659 | 92776 |
| Freddie Mac Pool #SD8372 5.50% 11/1/2053 <sup>(a)</sup>  | 5050 | 5125 |
| Freddie Mac Pool #SD8392 4.00% 12/1/2053 <sup>(a)</sup>  | 6030 | 5729 |
| Freddie Mac Pool #QH9285 2.50% 1/1/2054 <sup>(a)</sup>  | 285 | 241 |
| Freddie Mac Pool #SD8396 6.00% 1/1/2054 <sup>(a)</sup>  | 267 | 275 |
| Freddie Mac Pool #SD8401 5.50% 2/1/2054 <sup>(a)</sup>  | 22294 | 22646 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(a)</sup>  | 20449 | 21026 |
| Freddie Mac Pool #SD8403 6.50% 2/1/2054 <sup>(a)</sup>  | 24 | 24 |
| Freddie Mac Pool #SD8424 4.00% 3/1/2054 <sup>(a)</sup>  | 1931 | 1834 |
| Freddie Mac Pool #SD8408 5.50% 3/1/2054 <sup>(a)</sup>  | 43320 | 43985 |
| Freddie Mac Pool #SD8432 6.00% 5/1/2054 <sup>(a)</sup>  | 2449 | 2516 |

---

---

| | |
|:---|:---|
| **21** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Freddie Mac Pool #SD8438 5.50% 6/1/2054 <sup>(a)</sup>  | USD<br> 863<br>| $877 |
| Freddie Mac Pool #QI7522 5.50% 6/1/2054 <sup>(a)</sup>  | 18 | 18 |
| Freddie Mac Pool #SD8439 6.00% 6/1/2054 <sup>(a)</sup>  | 33 | 34 |
| Freddie Mac Pool #RJ1963 5.50% 7/1/2054 <sup>(a)</sup>  | 1562 | 1593 |
| Freddie Mac Pool #RJ1964 6.00% 7/1/2054 <sup>(a)</sup>  | 10037 | 10473 |
| Freddie Mac Pool #RJ1975 6.00% 7/1/2054 <sup>(a)</sup>  | 7777 | 8043 |
| Freddie Mac Pool #SD8447 6.00% 7/1/2054 <sup>(a)</sup>  | 1922 | 1975 |
| Freddie Mac Pool #QJ3296 6.00% 8/1/2054 <sup>(a)</sup>  | 1518 | 1562 |
| Freddie Mac Pool #SD6700 6.00% 8/1/2054 <sup>(a)</sup>  | 776 | 799 |
| Freddie Mac Pool #SD8462 5.50% 9/1/2054 <sup>(a)</sup>  | 35182 | 35701 |
| Freddie Mac Pool #SD6578 6.00% 9/1/2054 <sup>(a)</sup>  | 1114 | 1159 |
| Freddie Mac Pool #QJ5643 6.50% 9/1/2054 <sup>(a)</sup>  | 5346 | 5557 |
| Freddie Mac Pool #QJ3931 6.50% 9/1/2054 <sup>(a)</sup>  | 20 | 21 |
| Freddie Mac Pool #SD8469 5.50% 10/1/2054 <sup>(a)</sup>  | 222 | 225 |
| Freddie Mac Pool #QJ6165 5.50% 10/1/2054 <sup>(a)</sup>  | 205 | 208 |
| Freddie Mac Pool #SD6585 5.50% 10/1/2054 <sup>(a)</sup>  | 45 | 46 |
| Freddie Mac Pool #SD8475 5.50% 11/1/2054 <sup>(a)</sup>  | 46792 | 47482 |
| Freddie Mac Pool #SD8491 5.00% 12/1/2054 <sup>(a)</sup>  | 37923 | 37862 |
| Freddie Mac Pool #SD8493 5.50% 12/1/2054 <sup>(a)</sup>  | 1757 | 1783 |
| Freddie Mac Pool #SD8494 5.50% 1/1/2055 <sup>(a)</sup>  | 6964 | 7067 |
| Freddie Mac Pool #SL2928 7.00% 1/1/2055 <sup>(a)</sup>  | 905 | 952 |
| Freddie Mac Pool #SD8506 5.50% 2/1/2055 <sup>(a)</sup>  | 1858 | 1885 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(a)</sup>  | 2929 | 3009 |
| Freddie Mac Pool #SL0588 3.50% 3/1/2055 <sup>(a)</sup>  | 231 | 215 |
| Freddie Mac Pool #SL0799 5.00% 3/1/2055 <sup>(a)</sup>  | 9147 | 9133 |
| Freddie Mac Pool #SD8516 6.00% 3/1/2055 <sup>(a)</sup>  | 43748 | 44949 |
| Freddie Mac Pool #QX8785 6.50% 3/1/2055 <sup>(a)</sup>  | 151 | 158 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(a)</sup>  | 39287 | 40367 |
| Freddie Mac Pool #QY2186 6.50% 4/1/2055 <sup>(a)</sup>  | 8019 | 8337 |
| Freddie Mac Pool #SD8530 4.00% 5/1/2055 <sup>(a)</sup>  | 1000 | 949 |
| Freddie Mac Pool #QY3774 6.00% 5/1/2055 <sup>(a)</sup>  | 19397 | 19936 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(a)</sup>  | 13915 | 14298 |
| Freddie Mac Pool #QY2656 6.50% 5/1/2055 <sup>(a)</sup>  | 957 | 994 |
| Freddie Mac Pool #RQ0010 4.00% 6/1/2055 <sup>(a)</sup>  | 254 | 242 |
| Freddie Mac Pool #QY4677 6.50% 6/1/2055 <sup>(a)</sup>  | 533 | 555 |
| Freddie Mac Pool #RQ0028 6.00% 7/1/2055 <sup>(a)</sup>  | 4363 | 4482 |
| Freddie Mac Pool #RQ0041 6.00% 8/1/2055 <sup>(a)</sup>  | 19741 | 20276 |
| Freddie Mac Pool #RQ0061 4.00% 11/1/2055 <sup>(a)</sup>  | 1413 | 1341 |
| Freddie Mac Pool #RQ0073 4.00% 12/1/2055 <sup>(a)</sup>  | 1465 | 1390 |
| Freddie Mac Pool #RQ0082 4.00% 1/1/2056 <sup>(a)</sup>  | 3000 | 2847 |
| Government National Mortgage Assn. 2.50% 1/1/2056 <sup>(a)</sup>  | 2100 | 1812 |
| Government National Mortgage Assn. 4.50% 1/1/2056 <sup>(a)</sup>  | 2600 | 2533 |
| Government National Mortgage Assn. 5.00% 1/1/2056 <sup>(a)</sup>  | 2600 | 2594 |
| Government National Mortgage Assn. Pool #MA8266 3.50% 9/20/2052 <sup>(a)</sup>  | 4496 | 4154 |
| Government National Mortgage Assn. Pool #MB0024 4.50% 11/20/2054 <sup>(a)</sup>  | 11386 | 11108 |
| Government National Mortgage Assn. Pool #MB0202 4.00% 2/20/2055 <sup>(a)</sup>  | 906 | 857 |
| Government National Mortgage Assn. Pool #MB0256 4.00% 3/20/2055 <sup>(a)</sup>  | 1577 | 1491 |
| Government National Mortgage Assn. Pool #MB0553 4.00% 8/20/2055 <sup>(a)</sup>  | 74 | 70 |
| Uniform Mortgage-Backed Security 2.00% 1/1/2056 <sup>(a)(e)</sup>  | 2437 | 1971 |
| Uniform Mortgage-Backed Security 3.00% 1/1/2056 <sup>(a)(e)</sup>  | 12945 | 11452 |
| Uniform Mortgage-Backed Security 3.50% 1/1/2056 <sup>(a)(e)</sup>  | 104 | 96 |
| Uniform Mortgage-Backed Security 4.00% 1/1/2056 <sup>(a)(e)</sup>  | 14833 | 14072 |
| Uniform Mortgage-Backed Security 4.50% 1/1/2056 <sup>(a)(e)</sup>  | 1441 | 1407 |
| Uniform Mortgage-Backed Security 5.00% 1/1/2056 <sup>(a)(e)</sup>  | 27100 | 27030 |
| Uniform Mortgage-Backed Security 5.50% 1/1/2056 <sup>(a)(e)</sup>  | 58810 | 59642 |
| Uniform Mortgage-Backed Security 6.00% 1/1/2056 <sup>(a)(e)</sup>  | 58069 | 59630 |
| Uniform Mortgage-Backed Security 6.50% 1/1/2056 <sup>(a)(e)</sup>  | 6779 | 7046 |
| Uniform Mortgage-Backed Security 2.00% 2/1/2056 <sup>(a)(e)</sup>  | 22214 | 17958 |
| Uniform Mortgage-Backed Security 3.50% 2/1/2056 <sup>(a)(e)</sup>  | 71973 | 66319 |
|  |  | 1801007 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **22** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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 10.92%** |  |  |
| 3650R Commercial Mortgage Trust, Series 2022-PF2, Class B, 5.291% 11/15/2055 <sup>(a)(d)</sup>  | USD<br> 1,690<br>| $1643 |
| ALA Trust, Series 2025-OANA, Class C, (1-month USD CME Term SOFR + 2.092%) 5.843% 6/15/2030 <sup>(a)(c)(d)</sup>  | 14282 | 14346 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class D, 7.935% 11/10/2029 <sup>(a)(c)(d)</sup>  | 5000 | 5117 |
| Bank5, Series 2025-5YR17, Class B, 5.992% 11/15/2058 <sup>(a)(d)</sup>  | 2303 | 2376 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class B, 6.148% 2/15/2056 <sup>(a)(d)</sup>  | 1873 | 1938 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class C, 6.312% 2/15/2056 <sup>(a)(d)</sup>  | 512 | 518 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class AS, 6.457% 4/15/2056 <sup>(a)(d)</sup>  | 3787 | 3922 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class B, 6.457% 4/15/2056 <sup>(a)(d)</sup>  | 1418 | 1464 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class C, 6.774% 8/15/2056 <sup>(a)(d)</sup>  | 2960 | 3022 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class B, 6.774% 8/15/2056 <sup>(a)(d)</sup>  | 2242 | 2375 |
| Bank Commercial Mortgage Trust, Series 2023-5YR4, Class B, 7.605% 12/15/2056 <sup>(a)(d)</sup>  | 2989 | 3209 |
| Bank Commercial Mortgage Trust, Series 2024-5YR9, Class B, 6.483% 8/15/2057 <sup>(a)(d)</sup>  | 6530 | 6837 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class B, 6.322% 11/15/2057 <sup>(a)(d)</sup>  | 7100 | 7390 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class B, 6.277% 12/15/2057 <sup>(a)(d)</sup>  | 7925 | 8256 |
| Bank Commercial Mortgage Trust, Series 2019-BN19, Class B, 3.647% 8/15/2061 <sup>(a)</sup>  | 1000 | 876 |
| Bank Commercial Mortgage Trust, Series 2019-BN24, Class B, 3.455% 11/15/2062 <sup>(a)(d)</sup>  | 1033 | 956 |
| Bank Commercial Mortgage Trust, Series 2022-BNK40, Class B, 3.51% 3/15/2064 <sup>(a)(d)</sup>  | 273 | 242 |
| Bank Commercial Mortgage Trust, Series 2022-BNK40, Class AS, 3.39% 3/15/2064 <sup>(a)(d)</sup>  | 250 | 228 |
| Barclays Commercial Mortgage Securities, LLC, Series 2018-TALL, Class A, ((1-month USD CME Term SOFR + <br> 0.047%) + 0.872%) 4.669% 3/15/2037 <sup>(a)(c)(d)</sup>  | 2927 | 2776 |
| Barclays Commercial Mortgage Securities, LLC, Series 2022-C18, Class C, 6.168% 12/15/2055 <sup>(a)(d)</sup>  | 1355 | 1369 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C20, Class C, 6.611% 7/15/2056 <sup>(a)(d)</sup>  | 1882 | 1933 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C24, Class C, 6.00% 2/15/2057 <sup>(a)</sup>  | 276 | 270 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C26, Class C, 6.00% 5/15/2057 <sup>(a)(d)</sup>  | 476 | 477 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C30, Class B, 6.031% 11/15/2057 <sup>(a)(d)</sup>  | 4242 | 4421 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C31, Class B, 6.002% 12/15/2057 <sup>(a)(d)</sup>  | 7000 | 7236 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C33, Class B, 6.435% 3/15/2058 <sup>(a)(d)</sup>  | 4464 | 4693 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class B, 6.542% 5/15/2058 <sup>(a)(d)</sup>  | 2265 | 2396 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-C32, Class B, 6.13% 2/15/2062 <sup>(a)</sup>  | 8000 | 8392 |
| Benchmark Mortgage Trust, Series 2020-B21, Class AS, 2.254% 12/17/2053 <sup>(a)</sup>  | 250 | 219 |
| Benchmark Mortgage Trust, Series 2021-B23, Class A5, 2.07% 2/15/2054 <sup>(a)</sup>  | 1200 | 1057 |
| Benchmark Mortgage Trust, Series 2022-B35, Class C, 4.594% 5/15/2055 <sup>(a)(d)</sup>  | 2005 | 1641 |
| Benchmark Mortgage Trust, Series 2023-V2, Class B, 6.769% 5/15/2055 <sup>(a)(d)</sup>  | 2988 | 3093 |
| Benchmark Mortgage Trust, Series 2023-V2, Class C, 6.77% 5/15/2055 <sup>(a)(d)</sup>  | 1994 | 2040 |
| Benchmark Mortgage Trust, Series 2023-V3, Class B, 6.924% 7/15/2056 <sup>(a)(d)</sup>  | 1499 | 1553 |
| Benchmark Mortgage Trust, Series 2023-V3, Class C, 7.172% 7/15/2056 <sup>(a)(d)</sup>  | 2644 | 2691 |
| Benchmark Mortgage Trust, Series 2024-V5, Class AM, 6.417% 1/10/2057 <sup>(a)(d)</sup>  | 1681 | 1754 |
| Benchmark Mortgage Trust, Series 2024-V9, Class A3, 5.602% 8/15/2057 <sup>(a)</sup>  | 3496 | 3635 |
| Benchmark Mortgage Trust, Series 2024-V9, Class B, 6.466% 8/15/2057 <sup>(a)(d)</sup>  | 2600 | 2710 |
| Benchmark Mortgage Trust, Series 2024-V10, Class B, 5.977% 9/15/2057 <sup>(a)(d)</sup>  | 6000 | 6146 |
| Benchmark Mortgage Trust, Series 2024-V11, Class B, 6.373% 11/15/2057 <sup>(a)(d)</sup>  | 7298 | 7609 |
| Benchmark Mortgage Trust, Series 2024-V12, Class B, 6.282% 12/15/2057 <sup>(a)(d)</sup>  | 3868 | 3996 |
| Benchmark Mortgage Trust, Series 2025-V15, Class B, 6.425% 6/15/2058 <sup>(a)(d)</sup>  | 3244 | 3394 |
| Benchmark Mortgage Trust, Series 2025-V18, Class C, 6.139% 10/15/2058 <sup>(a)</sup>  | 6713 | 6717 |
| BFLD Trust, Series 2025-5MW, Class A, 4.674% 10/10/2042 <sup>(a)(c)(d)</sup>  | 15553 | 15569 |
| BFLD Trust, Series 2025-5MW, Class D, 6.371% 10/10/2042 <sup>(a)(c)(d)</sup>  | 1482 | 1512 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, (1-month USD CME Term SOFR + 1.342%) <br> 5.092% 3/15/2041 <sup>(a)(c)(d)</sup>  | 2688 | 2692 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class D, (1-month USD CME Term SOFR + 2.59%) 6.34% <br> 3/15/2041 <sup>(a)(c)(d)</sup>  | 1156 | 1158 |
| BMO Mortgage Trust, Series 2023-C4, Class B, 5.395% 2/15/2056 <sup>(a)(d)</sup>  | 711 | 721 |
| BMO Mortgage Trust, Series 2023-5C1, Class B, 6.96% 8/15/2056 <sup>(a)(d)</sup>  | 3505 | 3658 |
| BMO Mortgage Trust, Series 2023-5C1, Class C, 7.117% 8/15/2056 <sup>(a)(d)</sup>  | 1075 | 1110 |
| BMO Mortgage Trust, Series 2024-5C5, Class B, 6.747% 2/15/2057 <sup>(a)(d)</sup>  | 7774 | 8128 |
| BMO Mortgage Trust, Series 2024-5C3, Class C, 6.859% 2/15/2057 <sup>(a)(d)</sup>  | 443 | 456 |
| BMO Mortgage Trust, Series 2024-5C6, Class B, 6.086% 9/15/2057 <sup>(a)(d)</sup>  | 1159 | 1194 |
| BMO Mortgage Trust, Series 2024-C10, Class B, 6.079% 11/15/2057 <sup>(a)(d)</sup>  | 3470 | 3561 |
| BMO Mortgage Trust, Series 2024-5C7, Class B, 6.198% 11/15/2057 <sup>(a)(d)</sup>  | 9000 | 9308 |
| BMO Mortgage Trust, Series 2024-5C8, Class B, 6.091% 12/15/2057 <sup>(a)(d)</sup>  | 4000 | 4120 |
| BMP Trust, Series 2024-MF23, Class D, (1-month USD CME Term SOFR + 2.39%) 6.141% 6/15/2041 <sup>(a)(c)(d)</sup>  | 5000 | 5021 |
| BMP Trust, Series 2024-MF23, Class E, (1-month USD CME Term SOFR + 3.389%) 7.139% 6/15/2041 <sup>(a)(c)(d)</sup>  | 2408 | 2417 |

---

---

| | |
|:---|:---|
| **23** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| BX Commercial Mortgage Trust, Series 2022-CSMO, Class A, (1-month USD CME Term SOFR + 2.115%) <br> 5.865% 6/15/2027 <sup>(a)(c)(d)</sup>  | USD<br> 716<br>| $718 |
| BX Commercial Mortgage Trust, Series 2024-GPA3, Class C, (1-month USD CME Term SOFR + 1.892%) <br> 5.643% 12/15/2039 <sup>(a)(c)(d)</sup>  | 7718 | 7750 |
| BX Trust, Series 2024-KING, Class C, (1-month USD CME Term SOFR + 1.94%) 5.691% 5/15/2034 <sup>(a)(c)(d)</sup>  | 5325 | 5339 |
| BX Trust, Series 2021-SDMF, Class D, (1-month USD CME Term SOFR + 1.501%) 5.252% 9/15/2034 <sup>(a)(c)(d)</sup>  | 464 | 462 |
| BX Trust, Series 2022-IND, Class D, (1-month USD CME Term SOFR + 2.839%) 6.589% 4/15/2037 <sup>(a)(c)(d)</sup>  | 110 | 110 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 4.74% 1/17/2039 <sup>(a)(c)(d)</sup>  | 4887 | 4885 |
| BX Trust, Series 2024-VLT4, Class E, (1-month USD CME Term SOFR + 2.889%) 6.64% 6/15/2041 <sup>(a)(c)(d)</sup>  | 4757 | 4756 |
| BX Trust, Series 2024-AIR2, Class C, (1-month USD CME Term SOFR + 2.241%) 5.991% 10/15/2041 <sup>(a)(c)(d)</sup>  | 1918 | 1927 |
| BX Trust, Series 2024-FNX, Class C, (1-month USD CME Term SOFR + 2.291%) 6.041% 11/15/2041 <sup>(a)(c)(d)</sup>  | 13114 | 13171 |
| BX Trust, Series 2025-BIO3, Class C, 6.961% 2/10/2042 <sup>(a)(c)(d)</sup>  | 13850 | 14210 |
| BX Trust, Series 2025-VLT6, Class C, (1-month USD CME Term SOFR + 2.192%) 5.942% 3/15/2042 <sup>(a)(c)(d)</sup>  | 8955 | 8954 |
| BX Trust, Series 2025-VLT6, Class D, (1-month USD CME Term SOFR + 2.592%) 6.342% 3/15/2042 <sup>(a)(c)(d)</sup>  | 14062 | 14056 |
| BX Trust, Series 2025-GW, Class A, (1-month USD CME Term SOFR + 1.60%) 5.35% 7/15/2042 <sup>(a)(c)(d)</sup>  | 20000 | 20069 |
| BX Trust, Series 2025-GW, Class B, (1-month USD CME Term SOFR + 1.85%) 5.60% 7/15/2042 <sup>(a)(c)(d)</sup>  | 5170 | 5192 |
| BX Trust, Series 2020-VIV2, Class C, 3.542% 3/9/2044 <sup>(a)(c)(d)</sup>  | 2000 | 1880 |
| BX Trust, Series 2020-VIV3, Class B, 3.544% 3/9/2044 <sup>(a)(c)(d)</sup>  | 989 | 939 |
| BX Trust, Series 2025-VLT7, Class A, (1-month USD CME Term SOFR + 1.70%) 5.45% 7/15/2044 <sup>(a)(c)(d)</sup>  | 19000 | 19061 |
| BX Trust, Series 2025-VLT7, Class B, (1-month USD CME Term SOFR + 2.00%) 5.75% 7/15/2044 <sup>(a)(c)(d)</sup>  | 18989 | 19055 |
| BX Trust, Series 2025-VLT7, Class C, (1-month USD CME Term SOFR + 2.35%) 6.10% 7/15/2044 <sup>(a)(c)(d)</sup>  | 7106 | 7135 |
| BX Trust, Series 2025-VOLT, Class A, (1-month USD CME Term SOFR + 1.70%) 5.70% 12/15/2044 <sup>(a)(c)(d)</sup>  | 9945 | 9969 |
| BX Trust, Series 2025-VOLT, Class C, (1-month USD CME Term SOFR + 2.10%) 6.10% 12/15/2044 <sup>(a)(c)(d)</sup>  | 19984 | 20089 |
| BXSC Commercial Mortgage Trust, Series 2022-WSS, Class B, (1-month USD CME Term SOFR + 2.092%) <br> 5.842% 3/15/2035 <sup>(a)(c)(d)</sup>  | 2964 | 2971 |
| BXSC Commercial Mortgage Trust, Series 2022-WSS, Class D, (1-month USD CME Term SOFR + 3.188%) <br> 6.938% 3/15/2035 <sup>(a)(c)(d)</sup>  | 247 | 248 |
| CART, Series 2024-DFW1, Class D, (1-month USD CME Term SOFR + 3.04%) 6.79% 8/15/2041 <sup>(a)(c)(d)</sup>  | 5768 | 5778 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class D, 6.047% 6/10/2028 <sup>(a)(c)(d)</sup>  | 3950 | 3962 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class C, 6.047% 10/12/2040 <sup>(a)(c)(d)</sup>  | 1225 | 1245 |
| Citigroup Commercial Mortgage Trust, Series 2020-GC46, Class B, 3.15% 2/15/2053 <sup>(a)(d)</sup>  | 840 | 744 |
| DATA 2023-CNTR Mortgage Trust, Series 2023-CNTR, Class D, 5.728% 8/12/2043 <sup>(a)(c)(d)</sup>  | 3984 | 3716 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class D, 7.14% 9/12/2040 <sup>(a)(c)(d)</sup>  | 5155 | 5307 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% 8/10/2042 <sup>(a)(c)(d)</sup>  | 10935 | 11166 |
| ELM Trust 2024, Series 2024-ELM, Class D10, 6.847% 6/10/2039 <sup>(a)(c)(d)</sup>  | 973 | 976 |
| ELM Trust 2024, Series 2024-ELM, Class D15, 6.897% 6/10/2039 <sup>(a)(c)(d)</sup>  | 875 | 878 |
| Extended Stay America Trust, Series 2025-ESH, Class A, (1-month USD CME Term SOFR + 1.30%) 5.05% <br> 10/15/2042 <sup>(a)(c)(d)</sup>  | 4976 | 4991 |
| Extended Stay America Trust, Series 2025-ESH, Class D, (1-month USD CME Term SOFR + 2.60%) 6.35% <br> 10/15/2042 <sup>(a)(c)(d)</sup>  | 5246 | 5292 |
| FIVE Mortgage Trust, Series 2023-V1, Class B, 6.348% 2/10/2056 <sup>(a)(d)</sup>  | 1982 | 2039 |
| FIVE Mortgage Trust, Series 2023-V1, Class C, 6.348% 2/10/2056 <sup>(a)(d)</sup>  | 973 | 984 |
| Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class E, (1-month USD CME Term SOFR + 3.15%) 6.90% <br> 12/15/2039 <sup>(a)(c)(d)</sup>  | 2568 | 2587 |
| Great Wolf Trust, Series 2024-WOLF, Class A, (1-month USD CME Term SOFR + 1.542%) 5.292% <br> 3/15/2039 <sup>(a)(c)(d)</sup>  | 10650 | 10678 |
| Great Wolf Trust, Series 2024-WOLF, Class C, (1-month USD CME Term SOFR + 2.391%) 6.141% <br> 3/15/2039 <sup>(a)(c)(d)</sup>  | 3963 | 3984 |
| Great Wolf Trust, Series 2024-WOLF, Class D, (1-month USD CME Term SOFR + 2.89%) 6.64% <br> 3/15/2039 <sup>(a)(c)(d)</sup>  | 1744 | 1756 |
| GS Mortgage Securities Trust, Series 2024-70P, Class B, 5.887% 3/10/2041 <sup>(a)(c)(d)</sup>  | 2174 | 2210 |
| GS Mortgage Securities Trust, Series 2024-70P, Class C, 6.287% 3/10/2041 <sup>(a)(c)(d)</sup>  | 3769 | 3799 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.341% <br> 3/15/2042 <sup>(a)(c)(d)</sup>  | 2987 | 3005 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class E, (1-month USD CME Term SOFR + 3.29%) 7.04% <br> 3/15/2042 <sup>(a)(c)(d)</sup>  | 4897 | 4809 |
| Hilton USA Trust, Series 2024-ORL, Class A, (1-month USD CME Term SOFR + 1.541%) 5.291% <br> 5/15/2037 <sup>(a)(c)(d)</sup>  | 6000 | 6014 |
| Hilton USA Trust, Series 2024-ORL, Class B, (1-month USD CME Term SOFR + 1.941%) 5.691% <br> 5/15/2037 <sup>(a)(c)(d)</sup>  | 2000 | 2007 |
| Hilton USA Trust, Series 2024-ORL, Class C, (1-month USD CME Term SOFR + 2.44%) 6.19% 5/15/2037 <sup>(a)(c)(d)</sup>  | 996 | 1000 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.462% 2/5/2045 <sup>(a)(c)(d)</sup>  | 5381 | 5585 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **24** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class C, 7.088% 5/10/2039 <sup>(a)(c)(d)</sup>  | USD<br> 1,260<br>| $1281 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class D, 8.198% 5/10/2039 <sup>(a)(c)(d)</sup>  | 2564 | 2624 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class D, 6.34% 1/13/2040 <sup>(a)(c)(d)</sup>  | 20000 | 20829 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class C, (1-month USD CME Term SOFR + 2.25%) 6.00% <br> 3/15/2042 <sup>(a)(c)(d)</sup>  | 11000 | 11036 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class D, (1-month USD CME Term SOFR + 2.85%) 6.60% <br> 3/15/2042 <sup>(a)(c)(d)</sup>  | 11000 | 11055 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class C, (1-month USD CME Term SOFR + <br> 2.242%) 5.992% 11/15/2039 <sup>(a)(c)(d)</sup>  | 6779 | 6821 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class D, (1-month USD CME Term SOFR + 3.29%) 7.04% <br> 12/15/2039 <sup>(a)(c)(d)</sup>  | 9709 | 9703 |
| Manhattan West, Series 2020-1MW, Class C, 2.413% 9/10/2039 <sup>(a)(c)(d)</sup>  | 5639 | 5408 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C1, Class B, 6.513% 3/15/2030 <sup>(a)(d)</sup>  | 4500 | 4689 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C1, Class C, 6.638% 3/15/2030 <sup>(a)(d)</sup>  | 7473 | 7761 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C2, Class C, 5.743% 11/15/2058 <sup>(a)(d)</sup>  | 950 | 947 |
| Morgan Stanley Capital I Trust, Series 2019-L3, Class B, 3.647% 11/15/2052 <sup>(a)(d)</sup>  | 750 | 691 |
| MSWF Commercial Mortgage Trust, Series 2023-1, Class B, 6.683% 5/15/2033 <sup>(a)(d)</sup>  | 1642 | 1749 |
| Multifamily Connecticut Avenue Securities, Series 2020-1, Class M10, (30-day Average USD-SOFR + 3.864%) <br> 7.739% 3/25/2050 <sup>(a)(c)(d)</sup>  | 2562 | 2618 |
| Multifamily Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 7.874% 11/25/2053 <sup>(a)(c)(d)</sup>  | 1615 | 1667 |
| Multifamily Connecticut Avenue Securities, Series 2023-01, Class M10, (30-day Average USD-SOFR + 6.50%) <br> 10.374% 11/25/2053 <sup>(a)(c)(d)</sup>  | 2699 | 3077 |
| Multifamily Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.274% 5/25/2055 <sup>(a)(c)(d)</sup>  | 8866 | 8915 |
| Multifamily Connecticut Avenue Securities, Series 2025-01, Class M2, (30-day Average USD-SOFR + 3.10%) <br> 6.974% 5/25/2055 <sup>(a)(c)(d)</sup>  | 2421 | 2432 |
| Multifamily Structured Credit Risk, Series 21-MN1, Class M2, (30-day Average USD-SOFR + 3.75%) 7.624% <br> 1/25/2051 <sup>(a)(c)(d)</sup>  | 910 | 941 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class A, 4.669% 11/5/2038 <sup>(a)(c)(d)</sup>  | 6121 | 6139 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class B, 5.007% 11/5/2038 <sup>(a)(c)(d)</sup>  | 6218 | 6237 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class D, 6.213% 11/5/2038 <sup>(a)(c)(d)</sup>  | 14407 | 14514 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class C, (1-month USD CME Term SOFR + 1.892%) <br> 5.642% 2/15/2042 <sup>(a)(c)(d)</sup>  | 1626 | 1623 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class D, (1-month USD CME Term SOFR + 2.441%) <br> 6.191% 2/15/2042 <sup>(a)(c)(d)</sup>  | 1824 | 1823 |
| ROCC Trust, Series 2024-CNTR, Class A, 5.388% 11/13/2041 <sup>(a)(c)</sup>  | 434 | 447 |
| SCG Hotel Issuer, Inc., Series 2025-SNIP, Class A, 5.75% 9/15/2042 <sup>(a)(c)(d)</sup>  | 15083 | 15130 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class B, (1-month USD CME Term SOFR + 1.741%) <br> 5.491% 5/15/2039 <sup>(a)(c)(d)</sup>  | 1943 | 1941 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.015% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(a)(c)(f)</sup>  | 8900 | 8887 |
| StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class D, (1-month USD CME Term SOFR + <br> 1.95%) 5.70% 1/15/2039 <sup>(a)(c)(d)</sup>  | 3000 | 2993 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class D, (1-month USD CME Term SOFR + 2.591%) <br> 6.391% 2/15/2042 <sup>(a)(c)(d)</sup>  | 9787 | 9714 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class E, (1-month USD CME Term SOFR + 3.29%) <br> 7.09% 2/15/2042 <sup>(a)(c)(d)</sup>  | 13246 | 13194 |
| UBS Commercial Mortgage Trust, Series 2017-C1, Class AS, 3.724% 6/15/2050 <sup>(a)</sup>  | 6702 | 6579 |
| UBS Commercial Mortgage Trust, Series 2017-C3, Class C, 4.355% 8/15/2050 <sup>(a)(d)</sup>  | 1582 | 1488 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-1918, Class A, 5.761% 9/15/2040 <sup>(a)(c)(d)</sup>  | 2072 | 2093 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C35, Class C, 4.176% 7/15/2048 <sup>(a)(d)</sup>  | 3000 | 2961 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class B, 6.333% 11/15/2057 <sup>(a)(d)</sup>  | 1997 | 2078 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C3, Class B, 6.541% 1/15/2058 <sup>(a)(d)</sup>  | 10000 | 10539 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C4, Class B, 6.394% 5/15/2058 <sup>(a)(d)</sup>  | 1723 | 1811 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C5, Class B, 6.219% 7/15/2058 <sup>(a)(d)</sup>  | 2000 | 2075 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-LC22, Class C, 4.874% 9/15/2058 <sup>(a)(d)</sup>  | 56 | 54 |

---

---

| | |
|:---|:---|
| **25** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%) <br> 6.539% 11/15/2027 <sup>(a)(c)(d)</sup>  | USD<br> 1,440<br>| $1451 |
| WSTN Trust, Series 2023-MAUI, Class C, 7.69% 7/5/2037 <sup>(a)(c)(d)</sup>  | 594 | 604 |
| WSTN Trust, Series 2023-MAUI, Class D, 8.455% 7/5/2037 <sup>(a)(c)(d)</sup>  | 5875 | 5917 |
|  |  | 709552 |
| **Collateralized mortgage-backed obligations (privately originated) 3.53%** |  |  |
| Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029 (9.405% on <br> 11/25/2027) <sup>(a)(c)(f)</sup>  | 3187 | 3192 |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class M1, 4.25% 4/25/2033 <sup>(a)(c)(d)</sup>  | 1425 | 1415 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(a)(c)(d)</sup>  | 969 | 954 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(a)(c)(d)</sup>  | 448 | 447 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(a)(c)(d)</sup>  | 5672 | 5568 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(a)(c)(f)</sup>  | 2181 | 2175 |
| Connecticut Avenue Securities Trust, Series 2019-R07, Class 1B1, (30-day Average USD-SOFR + 1.10%) <br> 7.389% 10/25/2039 <sup>(a)(c)(d)</sup>  | 14489 | 14709 |
| Connecticut Avenue Securities Trust, Series 2020-R02, Class 2B1, (30-day Average USD-SOFR + 0.114%) <br> 6.989% 1/25/2040 <sup>(a)(c)(d)</sup>  | 9656 | 9824 |
| Connecticut Avenue Securities Trust, Series 2020-R01, Class 1B1, (30-day Average USD-SOFR + 3.364%) <br> 7.239% 1/25/2040 <sup>(a)(c)(d)</sup>  | 22212 | 22634 |
| Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M2, (30-day Average USD-SOFR + 3.55%) <br> 7.424% 5/25/2043 <sup>(a)(c)(d)</sup>  | 813 | 853 |
| Connecticut Avenue Securities Trust, Series 2025-R01, Class 1A1, (30-day Average USD-SOFR + 0.95%) <br> 4.824% 1/25/2045 <sup>(a)(c)(d)</sup>  | 1618 | 1619 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(a)(c)</sup>  | 8951 | 8677 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2021-DNA6, Class M2, (30-day Average <br> USD-SOFR + 1.50%) 5.374% 10/25/2041 <sup>(a)(c)(d)</sup>  | 634 | 636 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA3, Class A1, (30-day Average <br> USD-SOFR + 0.95%) 4.824% 9/25/2045 <sup>(a)(c)(d)</sup>  | 3672 | 3675 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA1, Class B2, (30-day Average <br> USD-SOFR + 5.214%) 9.089% 1/25/2050 <sup>(a)(c)(d)</sup>  | 3055 | 3399 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA2, Class B2, (30-day Average <br> USD-SOFR + 7.714%) 11.589% 3/25/2050 <sup>(a)(c)(d)</sup>  | 360 | 437 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA3, Class B2, (30-day Average <br> USD-SOFR + 9.464%) 13.339% 6/25/2050 <sup>(a)(c)(d)</sup>  | 8401 | 10770 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA4, Class B2, (30-day Average <br> USD-SOFR + 10.114%) 13.989% 8/25/2050 <sup>(a)(c)(d)</sup>  | 8110 | 10825 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA5, Class B2, (30-day Average <br> USD-SOFR + 11.50%) 15.702% 10/25/2050 <sup>(a)(c)(d)</sup>  | 7475 | 10367 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA5, Class B2, (30-day Average <br> USD-SOFR + 7.40%) 11.274% 11/25/2050 <sup>(a)(c)(d)</sup>  | 13730 | 16810 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA6, Class B2, (30-day Average <br> USD-SOFR + 5.65%) 9.524% 12/25/2050 <sup>(a)(c)(d)</sup>  | 4360 | 5034 |
| GS Mortgage-Backed Securities Trust, Series 2025-RPL3, Class A1, 4.10% 7/25/2065 (5.10% on <br> 6/1/2029) <sup>(a)(c)(f)</sup>  | 9383 | 9185 |
| IRV Trust, Series 2025-200P, Class A, 5.295% 3/14/2047 <sup>(a)(c)(d)</sup>  | 12740 | 13094 |
| IRV Trust, Series 2025-200P, Class C, 5.73% 3/14/2047 <sup>(a)(c)(d)</sup>  | 6390 | 6502 |
| Progress Residential Trust, Series 2024-SFR1, Class E2, 3.85% 2/17/2041 <sup>(a)(c)</sup>  | 698 | 664 |
| Progress Residential Trust, Series 2024-SFR2, Class E2, 3.65% 4/17/2041 <sup>(a)(c)(d)</sup>  | 642 | 605 |
| Progress Residential Trust, Series 2024-SFR3, Class E2, 4.00% 6/17/2041 <sup>(a)(c)</sup>  | 889 | 844 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(a)(c)</sup>  | 6229 | 5942 |
| Progress Residential Trust, Series 2025-SFR6, Class A, 2.378% 9/17/2042 (4.00% on 1/17/2026) <sup>(a)(c)(f)</sup>  | 22321 | 21796 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(a)(c)(f)</sup>  | 3510 | 3403 |
| Sequoia Mortgage Trust, Series 2025-HYB1, Class A1A, 5.061% 10/25/2055 <sup>(a)(c)(d)</sup>  | 12246 | 12296 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class C, (1-month USD CME Term SOFR + 2.45%) <br> 6.20% 10/17/2041 <sup>(a)(c)(d)</sup>  | 6667 | 6695 |
| Tricon Residential Trust, Series 2025-SFR2, Class A, 5.20% 8/17/2044 <sup>(a)(c)</sup>  | 14447 | 14594 |
|  |  | 229640 |
| **Total mortgage-backed obligations** |  | 2740199 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **26** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes 30.73%** | **Corporate bonds and notes 30.73%** | **Corporate bonds and notes 30.73%** |
| **Financials 6.50%** |  |  |
| AerCap Ireland Capital DAC 1.75% 1/30/2026  | USD<br> 150<br>| $150 |
| Alpha Bank SA 6.875% 6/27/2029 (1-year EUR-ICE Swap EURIBOR + 3.793% on 6/27/2028) <sup>(f)</sup>  | EUR<br> 520<br>| 668 |
| Alpha Bank SA 5.00% 5/12/2030 (1-year EUR-ICE Swap EURIBOR + 2.432% on 5/12/2029) <sup>(f)</sup>  | 300 | 374 |
| Alpha Bank SA 4.25% 6/11/2031 (5-year EUR Mid-Swap + 5.823% on 6/11/2026) <sup>(f)</sup>  | 105 | 124 |
| American Express Co. 5.043% 5/1/2034 (USD-SOFR + 1.835% on 5/1/2033) <sup>(f)</sup>  | USD<br> 71<br>| 73 |
| American International Group, Inc. 5.45% 5/7/2035  | 6112 | 6369 |
| Aon Corp. 3.90% 2/28/2052  | 2567 | 1931 |
| Aon North America, Inc. 5.45% 3/1/2034  | 2525 | 2625 |
| Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 <sup>(c)</sup>  | 3740 | 3902 |
| Aretec Group, Inc. 7.50% 4/1/2029 <sup>(c)</sup>  | 175 | 177 |
| Aretec Group, Inc. 10.00% 8/15/2030 <sup>(c)</sup>  | 319 | 345 |
| Bangkok Bank Public Co., Ltd. 3.733% 9/25/2034 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 1.90% on 9/25/2029) <sup>(f)</sup>  | 1080 | 1025 |
| Bangkok Bank Public Co., Ltd. 3.466% 9/23/2036 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 2.15% on 9/23/2031) <sup>(f)</sup>  | 1000 | 910 |
| Bank of America Corp. 5.288% 4/25/2034 (USD-SOFR + 1.91% on 4/25/2033) <sup>(f)</sup>  | 4110 | 4233 |
| Bank of America Corp. 5.872% 9/15/2034 (USD-SOFR + 1.84% on 9/15/2033) <sup>(f)</sup>  | 1080 | 1153 |
| Bank of America Corp. 5.464% 5/9/2036 (USD-SOFR + 1.64% on 5/9/2035) <sup>(f)</sup>  | 2425 | 2525 |
| BlackRock Funding, Inc. 5.25% 3/14/2054  | 2190 | 2101 |
| Blackstone Private Credit Fund 5.95% 7/16/2029  | 4456 | 4548 |
| Block, Inc. 5.625% 8/15/2030 <sup>(c)</sup>  | 1410 | 1439 |
| Block, Inc. 6.50% 5/15/2032  | 2200 | 2289 |
| Block, Inc. 6.00% 8/15/2033 <sup>(c)</sup>  | 3025 | 3107 |
| BNP Paribas SA 2.591% 1/20/2028 (USD-SOFR + 1.228% on 1/20/2027) <sup>(c)(f)</sup>  | 200 | 197 |
| BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) <sup>(c)(f)</sup>  | 7615 | 8132 |
| Bread Financial Holdings, Inc. 6.75% 5/15/2031 <sup>(c)</sup>  | 1725 | 1788 |
| Brown & Brown, Inc. 5.25% 6/23/2032  | 4644 | 4760 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 5629 | 5775 |
| CaixaBank SA 5.581% 7/3/2036 (USD-SOFR + 1.79% on 7/3/2035) <sup>(c)(f)</sup>  | 2837 | 2916 |
| Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029) <sup>(f)</sup>  | 1700 | 1769 |
| Capital One Financial Corp. 6.051% 2/1/2035 (USD-SOFR + 2.26% on 2/1/2034) <sup>(f)</sup>  | 3251 | 3462 |
| Capital One Financial Corp. 5.884% 7/26/2035 (USD-SOFR + 1.99% on 7/26/2034) <sup>(f)</sup>  | 1674 | 1763 |
| Charles Schwab Corp. (The) 5.853% 5/19/2034 (USD-SOFR + 2.50% on 5/19/2033) <sup>(f)</sup>  | 675 | 723 |
| Chubb INA Holdings, LLC 5.00% 3/15/2034  | 6865 | 7026 |
| Chubb INA Holdings, LLC 4.90% 8/15/2035  | 1470 | 1477 |
| Citigroup, Inc. 2.52% 11/3/2032 (USD-SOFR + 1.177% on 11/3/2031) <sup>(f)</sup>  | 1238 | 1110 |
| Citigroup, Inc. 3.057% 1/25/2033 (USD-SOFR + 1.351% on 1/25/2032) <sup>(f)</sup>  | 415 | 380 |
| Citigroup, Inc. 6.27% 11/17/2033 (USD-SOFR + 2.338% on 11/17/2032) <sup>(f)</sup>  | 1087 | 1184 |
| Citigroup, Inc. 5.827% 2/13/2035 (USD-SOFR + 2.056% on 2/13/2034) <sup>(f)</sup>  | 100 | 104 |
| Citigroup, Inc. 6.02% 1/24/2036 (USD-SOFR + 1.83% on 1/24/2035) <sup>(f)</sup>  | 1788 | 1874 |
| Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) <sup>(f)</sup>  | 15590 | 15955 |
| Coinbase Global, Inc. 3.625% 10/1/2031 <sup>(c)</sup>  | 1000 | 892 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(c)</sup>  | 4828 | 4482 |
| Compass Group Diversified Holdings, LLC 5.00% 1/15/2032 <sup>(c)</sup>  | 2141 | 1930 |
| Danske Bank AS 4.298% 4/1/2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on <br> 4/1/2027) <sup>(c)(f)</sup>  | 600 | 601 |
| Deutsche Bank AG 5.706% 2/8/2028 (USD-SOFR + 1.594% on 2/8/2027) <sup>(f)</sup>  | 943 | 958 |
| Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) <sup>(f)</sup>  | 750 | 801 |
| Deutsche Bank AG 5.403% 9/11/2035 (USD-SOFR + 2.05% on 9/11/2034) <sup>(f)</sup>  | 2525 | 2577 |
| Eurobank SA 4.00% 9/24/2030 (1-year EUR Mid-Swap + 2.127% on 9/24/2029) <sup>(f)</sup>  | EUR<br> 100<br>| 121 |
| Eurobank SA 4.875% 4/30/2031 (5-year EUR Mid-Swap + 2.165% on 4/30/2030) <sup>(f)</sup>  | 3050 | 3811 |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(f)</sup>  | USD<br> 150<br>| 155 |
| Goldman Sachs Group, Inc. 2.65% 10/21/2032 (USD-SOFR + 1.264% on 10/21/2031) <sup>(f)</sup>  | 415 | 375 |
| Goldman Sachs Group, Inc. 5.851% 4/25/2035 (USD-SOFR + 1.552% on 4/25/2034) <sup>(f)</sup>  | 7555 | 8035 |
| Goldman Sachs Group, Inc. 5.33% 7/23/2035 (USD-SOFR + 1.55% on 7/23/2034) <sup>(f)</sup>  | 6404 | 6582 |
| Goldman Sachs Group, Inc. 4.939% 10/21/2036 (USD-SOFR + 1.33% on 10/21/2035) <sup>(f)</sup>  | 14180 | 14082 |
| Goldman Sachs Group, Inc. 3.436% 2/24/2043 (USD-SOFR + 1.632% on 2/24/2042) <sup>(f)</sup>  | 4293 | 3366 |
| Goldman Sachs Group, Inc. 5.734% 1/25/2056 (USD-SOFR + 1.696% on 1/28/2055) <sup>(f)</sup>  | 1450 | 1467 |
| Goldman Sachs Private Credit Corp. 5.875% 1/31/2031 <sup>(c)</sup>  | 6450 | 6461 |
| Howden UK Refinance PLC 7.25% 2/15/2031 <sup>(c)</sup>  | 425 | 438 |
| HSBC Holdings PLC 5.402% 8/11/2033 (USD-SOFR + 2.87% on 8/11/2032) <sup>(f)</sup>  | 600 | 622 |
| HSBC Holdings PLC 5.45% 3/3/2036 (USD-SOFR + 1.56% on 3/3/2035) <sup>(f)</sup>  | 5356 | 5528 |

---

---

| | |
|:---|:---|
| **27** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Financials (continued)** |  |  |
| HSBC Holdings PLC 5.133% 11/6/2036 (USD-SOFR + 1.43% on 11/6/2035) <sup>(f)</sup>  | USD<br> 1,665<br>| $1670 |
| IIFL Finance, Ltd. 8.75% 7/24/2028 <sup>(c)</sup>  | 4685 | 4813 |
| ING Groep NV 4.017% 3/28/2028 (USD-SOFR + 1.83% on 3/28/2027) <sup>(f)</sup>  | 375 | 375 |
| ION Platform Finance US, Inc. 8.75% 5/1/2029 <sup>(c)</sup>  | 12270 | 12443 |
| ION Platform Finance US, Inc. 9.50% 5/30/2029 <sup>(c)</sup>  | 7094 | 7191 |
| ION Platform Finance US, Inc. 9.00% 8/1/2029 <sup>(c)</sup>  | 9550 | 9445 |
| ION Platform Finance US, Inc. 7.875% 9/30/2032 <sup>(c)</sup>  | 2390 | 2271 |
| Jane Street Group, LLC 6.75% 5/1/2033 <sup>(c)</sup>  | 1315 | 1374 |
| JPMorgan Chase & Co. 4.255% 10/22/2031 (USD-SOFR + 0.93% on 10/22/2030) <sup>(f)</sup>  | 6650 | 6631 |
| JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031) <sup>(f)</sup>  | 30 | 27 |
| JPMorgan Chase & Co. 5.572% 4/22/2036 (USD-SOFR + 1.68% on 4/22/2035) <sup>(f)</sup>  | 13469 | 14137 |
| JPMorgan Chase & Co. 4.81% 10/22/2036 (USD-SOFR + 1.19% on 10/22/2035) <sup>(f)</sup>  | 7450 | 7400 |
| Kasikornbank PCL (Hong Kong Branch) 3.343% 10/2/2031 (5-year UST Yield Curve Rate T Note Constant <br> Maturity + 1.70% on 10/2/2026) <sup>(f)</sup>  | 950 | 938 |
| Marsh & McLennan Cos., Inc. 5.00% 3/15/2035  | 13114 | 13290 |
| Marsh & McLennan Cos., Inc. 5.40% 3/15/2055  | 8570 | 8257 |
| Mastercard, Inc. 4.55% 1/15/2035  | 2525 | 2526 |
| MetLife, Inc. 5.375% 7/15/2033  | 300 | 316 |
| Metropolitan Life Global Funding I 5.15% 3/28/2033 <sup>(c)</sup>  | 2522 | 2596 |
| Metropolitan Life Global Funding I 5.05% 1/8/2034 <sup>(c)</sup>  | 4105 | 4189 |
| Morgan Stanley 4.21% 4/20/2028 (USD-SOFR + 1.61% on 4/20/2027) <sup>(f)</sup>  | 471 | 472 |
| Morgan Stanley 5.164% 4/20/2029 (USD-SOFR + 1.59% on 4/20/2028) <sup>(f)</sup>  | 160 | 164 |
| Morgan Stanley 4.654% 10/18/2030 (USD-SOFR + 1.10% on 10/18/2029) <sup>(f)</sup>  | 289 | 293 |
| Morgan Stanley 5.25% 4/21/2034 (USD-SOFR + 1.87% on 4/21/2033) <sup>(f)</sup>  | 1411 | 1453 |
| Morgan Stanley 5.466% 1/18/2035 (USD-SOFR + 1.73% on 1/18/2034) <sup>(f)</sup>  | 463 | 481 |
| Morgan Stanley 5.831% 4/19/2035 (USD-SOFR + 1.58% on 4/19/2034) <sup>(f)</sup>  | 4581 | 4870 |
| Morgan Stanley 4.892% 10/22/2036 (USD-SOFR + 1.314% on 10/22/2035) <sup>(f)</sup>  | 22484 | 22294 |
| Morgan Stanley 5.942% 2/7/2039 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.80% on <br> 2/7/2039) <sup>(f)</sup>  | 1750 | 1840 |
| Morgan Stanley 5.516% 11/19/2055 (USD-SOFR + 1.71% on 11/19/2054) <sup>(f)</sup>  | 1063 | 1052 |
| Navient Corp. 5.50% 3/15/2029  | 1620 | 1609 |
| Navient Corp. 5.625% 8/1/2033  | 21874 | 20018 |
| OneMain Finance Corp. 7.50% 5/15/2031  | 6398 | 6736 |
| OneMain Finance Corp. 7.125% 11/15/2031  | 5305 | 5542 |
| OneMain Finance Corp. 7.125% 9/15/2032  | 4460 | 4639 |
| Osaic Holdings, Inc. 8.00% 8/1/2033 <sup>(c)</sup>  | 1170 | 1223 |
| Piraeus Bank SA 6.75% 12/5/2029 (1-year EUR Mid-Swap + 3.837% on 12/5/2028) <sup>(f)</sup>  | EUR<br> 210<br>| 272 |
| Piraeus Bank SA 5.00% 4/16/2030 (1-year EUR-ICE Swap EURIBOR + 2.245% on 4/16/2029) <sup>(f)</sup>  | 1900 | 2360 |
| PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033) <sup>(f)</sup>  | USD<br> 6,045<br>| 6844 |
| PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034) <sup>(f)</sup>  | 273 | 288 |
| PNC Financial Services Group, Inc. 5.401% 7/23/2035 (USD-SOFR + 1.599% on 7/23/2034) <sup>(f)</sup>  | 10481 | 10846 |
| PNC Financial Services Group, Inc. 5.575% 1/29/2036 (USD-SOFR + 1.394% on 1/29/2035) <sup>(f)</sup>  | 2550 | 2660 |
| Starwood Property Trust, Inc. 5.75% 1/15/2031 <sup>(c)</sup>  | 2785 | 2818 |
| State Street Corp. 5.159% 5/18/2034 (USD-SOFR + 1.89% on 5/18/2033) <sup>(f)</sup>  | 276 | 285 |
| State Street Corp. 4.784% 10/23/2036 (USD-SOFR + 1.215% on 10/23/2035) <sup>(f)</sup>  | 1880 | 1871 |
| Synchrony Financial 5.45% 3/6/2031 (USD-SOFR + 1.68% on 3/6/2030) <sup>(f)</sup>  | 5035 | 5165 |
| Synchrony Financial 7.25% 2/2/2033  | 6199 | 6664 |
| Synchrony Financial 6.00% 7/29/2036 (USD-SOFR Index + 2.07% on 7/29/2035) <sup>(f)</sup>  | 5070 | 5218 |
| Truist Financial Corp. 5.153% 8/5/2032 (USD-SOFR + 1.571% on 8/5/2031) <sup>(f)</sup>  | 1755 | 1814 |
| Truist Financial Corp. 5.867% 6/8/2034 (USD-SOFR + 2.361% on 6/8/2033) <sup>(f)</sup>  | 1972 | 2099 |
| Truist Financial Corp. 5.711% 1/24/2035 (USD-SOFR + 1.922% on 1/24/2034) <sup>(f)</sup>  | 6832 | 7190 |
| Truist Financial Corp. 4.964% 10/23/2036 (USD-SOFR + 1.395% on 10/23/2035) <sup>(f)</sup>  | 3048 | 3017 |
| U.S. Bancorp 5.836% 6/12/2034 (USD-SOFR + 2.26% on 6/10/2033) <sup>(f)</sup>  | 25 | 27 |
| U.S. Bancorp 5.678% 1/23/2035 (USD-SOFR + 1.86% on 1/23/2034) <sup>(f)</sup>  | 4115 | 4347 |
| U.S. Bancorp 5.424% 2/12/2036 (USD-SOFR + 1.411% on 2/12/2035) <sup>(f)</sup>  | 8660 | 9004 |
| UBS Group AG 3.091% 5/14/2032 (USD-SOFR + 1.73% on 5/14/2031) <sup>(c)(f)</sup>  | 2520 | 2341 |
| Wells Fargo & Co. 4.808% 7/25/2028 (USD-SOFR + 1.98% on 7/25/2027) <sup>(f)</sup>  | 1050 | 1062 |
| Wells Fargo & Co. 5.605% 4/23/2036 (USD-SOFR + 1.74% on 4/23/2035) <sup>(f)</sup>  | 9843 | 10321 |
|  |  | 422835 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **28** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Health care 3.65%** |  |  |
| AbbVie, Inc. 5.05% 3/15/2034  | USD<br> 10,199<br>| $10485 |
| AbbVie, Inc. 5.35% 3/15/2044  | 625 | 618 |
| AbbVie, Inc. 5.50% 3/15/2064  | 1164 | 1132 |
| Amgen, Inc. 5.25% 3/2/2030  | 623 | 647 |
| Amgen, Inc. 4.20% 3/1/2033  | 7270 | 7109 |
| Amgen, Inc. 5.25% 3/2/2033  | 6653 | 6889 |
| Amgen, Inc. 4.875% 3/1/2053  | 725 | 639 |
| Amgen, Inc. 5.65% 3/2/2053  | 14652 | 14357 |
| Amgen, Inc. 5.75% 3/2/2063  | 6000 | 5859 |
| Ascension Health 4.923% 11/15/2035  | 1635 | 1638 |
| AstraZeneca Finance, LLC 5.00% 2/26/2034  | 1725 | 1786 |
| Baxter International, Inc. 5.65% 12/15/2035  | 6028 | 6103 |
| Baxter International, Inc. 3.132% 12/1/2051  | 7009 | 4415 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 846 | 880 |
| Bristol-Myers Squibb Co. 5.50% 2/22/2044  | 325 | 326 |
| Bristol-Myers Squibb Co. 5.55% 2/22/2054  | 6973 | 6853 |
| Centene Corp. 2.50% 3/1/2031  | 8250 | 7129 |
| Centene Corp. 2.625% 8/1/2031  | 2141 | 1843 |
| CHS / Community Health Systems, Inc. 5.25% 5/15/2030 <sup>(c)</sup>  | 75 | 71 |
| Cigna Group (The) 5.25% 1/15/2036  | 4100 | 4177 |
| Cigna Group (The) 6.00% 1/15/2056  | 2000 | 2058 |
| CVS Health Corp. 1.875% 2/28/2031  | 50 | 44 |
| CVS Health Corp. 5.45% 9/15/2035  | 13688 | 14016 |
| CVS Health Corp. 6.00% 6/1/2044  | 3100 | 3118 |
| CVS Health Corp. 6.05% 6/1/2054  | 7410 | 7372 |
| CVS Health Corp. 6.20% 9/15/2055  | 9659 | 9814 |
| CVS Health Corp. 6.00% 6/1/2063  | 1210 | 1174 |
| CVS Health Corp. 6.25% 9/15/2065  | 1500 | 1511 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(c)</sup>  | 300 | 311 |
| Elevance Health, Inc. 5.00% 1/15/2036  | 8500 | 8453 |
| Elevance Health, Inc. 4.55% 5/15/2052  | 203 | 169 |
| Elevance Health, Inc. 5.70% 9/15/2055  | 3000 | 2941 |
| Endo Finance Holdings, Inc. 8.50% 4/15/2031 <sup>(c)</sup>  | 2455 | 2598 |
| Gilead Sciences, Inc. 5.25% 10/15/2033  | 650 | 683 |
| Gilead Sciences, Inc. 5.10% 6/15/2035  | 4558 | 4673 |
| Grifols SA 7.50% 5/1/2030  | EUR<br> 2,500<br>| 3094 |
| HCA, Inc. 3.625% 3/15/2032  | USD<br> 79<br>| 75 |
| Humana, Inc. 5.75% 4/15/2054  | 4267 | 4033 |
| Molina Healthcare, Inc. 6.50% 2/15/2031 <sup>(c)</sup>  | 2555 | 2627 |
| Owens & Minor, Inc. 4.50% 3/31/2029 <sup>(c)</sup>  | 1400 | 951 |
| Owens & Minor, Inc. 6.25% 4/1/2030 <sup>(c)</sup>  | 8345 | 5333 |
| Pfizer Investment Enterprises Pte., Ltd. 5.11% 5/19/2043  | 1750 | 1686 |
| Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053  | 10936 | 10362 |
| Sotera Health Holdings, LLC 7.375% 6/1/2031 <sup>(c)</sup>  | 1700 | 1785 |
| Takeda U.S. Financing, Inc. 5.20% 7/7/2035  | 9434 | 9613 |
| Takeda U.S. Financing, Inc. 5.90% 7/7/2055  | 1337 | 1354 |
| Tenet Healthcare Corp. 6.75% 5/15/2031  | 200 | 208 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026  | 460 | 456 |
| Teva Pharmaceutical Finance Netherlands III BV 4.75% 5/9/2027  | 1121 | 1125 |
| Teva Pharmaceutical Finance Netherlands III BV 6.75% 3/1/2028  | 982 | 1020 |
| Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029  | 4473 | 4527 |
| Teva Pharmaceutical Finance Netherlands III BV 7.875% 9/15/2029  | 1300 | 1432 |
| Teva Pharmaceutical Finance Netherlands III BV 8.125% 9/15/2031  | 2338 | 2695 |
| Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032  | 2664 | 2798 |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  | 6890 | 7153 |
| UnitedHealth Group, Inc. 4.20% 5/15/2032  | 230 | 227 |
| UnitedHealth Group, Inc. 5.00% 4/15/2034  | 1500 | 1526 |
| UnitedHealth Group, Inc. 5.30% 6/15/2035  | 13166 | 13637 |
| UnitedHealth Group, Inc. 5.50% 7/15/2044  | 4770 | 4738 |

---

---

| | |
|:---|:---|
| **29** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Health care (continued)** |  |  |
| UnitedHealth Group, Inc. 4.75% 5/15/2052  | USD<br> 455<br>| $393 |
| UnitedHealth Group, Inc. 5.95% 6/15/2055  | 11517 | 11834 |
| Viatris, Inc. 4.00% 6/22/2050  | 1022 | 681 |
|  |  | 237254 |
| **Energy 3.44%** |  |  |
| 3R Lux SARL 9.75% 2/5/2031 <sup>(c)</sup>  | 585 | 603 |
| APA Corp. 5.25% 2/1/2042  | 615 | 524 |
| Ascent Resources Utica Holdings, LLC 5.875% 6/30/2029 <sup>(c)</sup>  | 2565 | 2582 |
| Ascent Resources Utica Holdings, LLC 6.625% 10/15/2032 <sup>(c)</sup>  | 1050 | 1089 |
| Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 <sup>(c)</sup>  | 1660 | 1719 |
| Blue Racer Midstream, LLC 7.00% 7/15/2029 <sup>(c)</sup>  | 675 | 707 |
| Borr IHC, Ltd. 10.00% 11/15/2028 <sup>(c)</sup>  | 1814 | 1826 |
| Borr IHC, Ltd. 10.375% 11/15/2030 <sup>(c)</sup>  | 505 | 504 |
| Cheniere Energy, Inc. 4.625% 10/15/2028  | 175 | 175 |
| Civitas Resources, Inc. 8.375% 7/1/2028 <sup>(c)</sup>  | 1625 | 1676 |
| Civitas Resources, Inc. 8.625% 11/1/2030 <sup>(c)</sup>  | 4025 | 4221 |
| Civitas Resources, Inc. 8.75% 7/1/2031 <sup>(c)</sup>  | 4445 | 4617 |
| Civitas Resources, Inc. 9.625% 6/15/2033 <sup>(c)</sup>  | 630 | 681 |
| CNX Resources Corp. 7.375% 1/15/2031 <sup>(c)</sup>  | 185 | 192 |
| CNX Resources Corp. 7.25% 3/1/2032 <sup>(c)</sup>  | 5171 | 5401 |
| Comstock Resources, Inc. 5.875% 1/15/2030 <sup>(c)</sup>  | 4207 | 4095 |
| ConocoPhillips Co. 3.80% 3/15/2052  | 5420 | 4000 |
| Constellation Oil Services Holding SA 9.375% 11/7/2029 <sup>(c)</sup>  | 4290 | 4466 |
| Crescent Energy Finance, LLC 9.25% 2/15/2028 <sup>(c)</sup>  | 846 | 875 |
| Crescent Energy Finance, LLC 7.625% 4/1/2032 <sup>(c)</sup>  | 1440 | 1397 |
| Crescent Energy Finance, LLC 7.375% 1/15/2033 <sup>(c)</sup>  | 6979 | 6627 |
| Devon Energy Corp. 5.75% 9/15/2054  | 2270 | 2087 |
| Diamondback Energy, Inc. 5.15% 1/30/2030  | 731 | 753 |
| Diamondback Energy, Inc. 5.40% 4/18/2034  | 4428 | 4535 |
| Diamondback Energy, Inc. 5.75% 4/18/2054  | 3367 | 3185 |
| Diamondback Energy, Inc. 5.90% 4/18/2064  | 1777 | 1679 |
| Ecopetrol SA 7.75% 2/1/2032  | 3750 | 3864 |
| Ecopetrol SA 8.875% 1/13/2033  | 3408 | 3642 |
| Ecopetrol SA 8.375% 1/19/2036  | 6055 | 6235 |
| Energean Israel Finance, Ltd. 5.875% 3/30/2031 <sup>(c)</sup>  | 1055 | 1023 |
| EQT Corp. 7.50% 6/1/2030  | 25 | 28 |
| EQT Corp. 4.75% 1/15/2031  | 1994 | 2008 |
| Expand Energy Corp. 5.875% 2/1/2029 <sup>(c)</sup>  | 425 | 425 |
| Expand Energy Corp. 6.75% 4/15/2029 <sup>(c)</sup>  | 860 | 865 |
| Exxon Mobil Corp. 3.452% 4/15/2051  | 3405 | 2446 |
| Genesis Energy, LP 8.25% 1/15/2029  | 1017 | 1065 |
| Genesis Energy, LP 7.875% 5/15/2032  | 2200 | 2295 |
| GeoPark, Ltd. 8.75% 1/31/2030 <sup>(c)</sup>  | 4750 | 4441 |
| Global Partners, LP 8.25% 1/15/2032 <sup>(c)</sup>  | 285 | 301 |
| Gulfport Energy Operating Corp. 6.75% 9/1/2029 <sup>(c)</sup>  | 845 | 874 |
| Harvest Midstream I, LP 7.50% 9/1/2028 <sup>(c)</sup>  | 75 | 76 |
| Hilcorp Energy I, LP 6.00% 4/15/2030 <sup>(c)</sup>  | 135 | 132 |
| Hilcorp Energy I, LP 6.25% 4/15/2032 <sup>(c)</sup>  | 5812 | 5492 |
| Hilcorp Energy I, LP 8.375% 11/1/2033 <sup>(c)</sup>  | 4210 | 4317 |
| Kodiak Gas Services, LLC 6.50% 10/1/2033 <sup>(c)</sup>  | 995 | 1017 |
| Kodiak Gas Services, LLC 6.75% 10/1/2035 <sup>(c)</sup>  | 995 | 1024 |
| Kraken Oil & Gas Partners, LLC 7.625% 8/15/2029 <sup>(c)</sup>  | 825 | 818 |
| Leviathan Bond, Ltd. 6.75% 6/30/2030 <sup>(c)</sup>  | 650 | 662 |
| Matador Resources Co. 6.25% 4/15/2033 <sup>(c)</sup>  | 2080 | 2091 |
| MPLX, LP 5.40% 9/15/2035  | 1637 | 1650 |
| Murphy Oil Corp. 6.00% 10/1/2032  | 675 | 675 |
| MV24 Capital BV 6.748% 6/1/2034  | 625 | 620 |
| Nabors Industries, Inc. 8.875% 8/15/2031 <sup>(c)</sup>  | 3160 | 3068 |
| NFE Financing, LLC 12.00% 11/15/2029 <sup>(c)(g)</sup>  | 19686 | 5709 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **30** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Energy (continued)** |  |  |
| NGL Energy Operating, LLC 8.125% 2/15/2029 <sup>(c)</sup>  | USD<br> 773<br>| $803 |
| NGL Energy Operating, LLC 8.375% 2/15/2032 <sup>(c)</sup>  | 2020 | 2093 |
| Noble Finance II, LLC 8.00% 4/15/2030 <sup>(c)</sup>  | 3425 | 3560 |
| Northern Oil and Gas, Inc. 8.75% 6/15/2031 <sup>(c)</sup>  | 1215 | 1228 |
| ONEOK, Inc. 4.00% 7/13/2027  | 50 | 50 |
| ONEOK, Inc. 6.35% 1/15/2031  | 40 | 43 |
| Permian Resources Operating, LLC 7.00% 1/15/2032 <sup>(c)</sup>  | 285 | 298 |
| Petroleos Mexicanos 8.75% 6/2/2029  | 3175 | 3406 |
| Petroleos Mexicanos 6.84% 1/23/2030  | 6696 | 6804 |
| Petroleos Mexicanos 5.95% 1/28/2031  | 7960 | 7709 |
| Petroleos Mexicanos 6.70% 2/16/2032  | 3950 | 3942 |
| Petroleos Mexicanos 10.00% 2/7/2033  | 2300 | 2667 |
| Petroleos Mexicanos 6.375% 1/23/2045  | 35 | 28 |
| Petroleos Mexicanos 6.75% 9/21/2047  | 305 | 251 |
| Petroleos Mexicanos 6.35% 2/12/2048  | 77 | 60 |
| Petroleos Mexicanos 7.69% 1/23/2050  | 110 | 99 |
| Petroleos Mexicanos 6.95% 1/28/2060  | 381 | 310 |
| Pluspetrol SA 8.50% 5/30/2032 <sup>(c)</sup>  | 3407 | 3467 |
| Raizen Fuels Finance SA 6.70% 2/25/2037 <sup>(c)</sup>  | 4230 | 3424 |
| Repsol E&P Capital Markets US, LLC 5.976% 9/16/2035 <sup>(c)</sup>  | 3198 | 3263 |
| Seadrill Finance, Ltd. 8.375% 8/1/2030 <sup>(c)</sup>  | 210 | 219 |
| Shell Finance US, Inc. 2.75% 4/6/2030  | 75 | 71 |
| Shell Finance US, Inc. 3.00% 11/26/2051 <sup>(c)</sup>  | 4726 | 3044 |
| Summit Midstream Holdings, LLC 8.625% 10/31/2029 <sup>(c)</sup>  | 1360 | 1411 |
| Sunoco, LP 7.00% 5/1/2029 <sup>(c)</sup>  | 1250 | 1304 |
| Sunoco, LP 4.50% 4/30/2030  | 150 | 147 |
| Sunoco, LP 5.625% 3/15/2031 <sup>(c)</sup>  | 595 | 600 |
| Sunoco, LP 7.25% 5/1/2032 <sup>(c)</sup>  | 2551 | 2699 |
| Sunoco, LP 6.25% 7/1/2033 <sup>(c)</sup>  | 1340 | 1373 |
| Sunoco, LP 5.875% 3/15/2034 <sup>(c)</sup>  | 630 | 630 |
| Talos Production, Inc. 9.00% 2/1/2029 <sup>(c)</sup>  | 705 | 735 |
| Talos Production, Inc. 9.375% 2/1/2031 <sup>(c)</sup>  | 1685 | 1761 |
| Targa Resources Corp. 5.65% 2/15/2036  | 1990 | 2046 |
| TotalEnergies Capital SA 5.488% 4/5/2054  | 760 | 735 |
| Transocean Aquila, Ltd. 8.00% 9/30/2028 <sup>(c)</sup>  | 897 | 923 |
| Transocean International, Ltd. 8.75% 2/15/2030 <sup>(c)</sup>  | 509 | 532 |
| Transocean International, Ltd. 7.875% 10/15/2032 <sup>(c)</sup>  | 645 | 677 |
| Transocean, Inc. 8.25% 5/15/2029 <sup>(c)</sup>  | 1180 | 1190 |
| Transocean, Inc. 8.50% 5/15/2031 <sup>(c)</sup>  | 1210 | 1199 |
| Transportadora de Gas del Sur SA 8.50% 7/24/2031 <sup>(c)</sup>  | 1630 | 1697 |
| USA Compression Partners, LP 7.125% 3/15/2029 <sup>(c)</sup>  | 1340 | 1388 |
| Venture Global Calcasieu Pass, LLC 6.25% 1/15/2030 <sup>(c)</sup>  | 1549 | 1569 |
| Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 <sup>(c)</sup>  | 2019 | 1839 |
| Venture Global LNG, Inc. 8.125% 6/1/2028 <sup>(c)</sup>  | 750 | 760 |
| Venture Global LNG, Inc. 8.375% 6/1/2031 <sup>(c)</sup>  | 6193 | 6162 |
| Venture Global Plaquemines LNG, LLC 6.125% 12/15/2030 <sup>(c)</sup>  | 1025 | 1044 |
| Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 <sup>(c)</sup>  | 5125 | 5540 |
| Venture Global Plaquemines LNG, LLC 6.50% 1/15/2034 <sup>(c)</sup>  | 2875 | 2946 |
| Venture Global Plaquemines LNG, LLC 6.50% 6/15/2034 <sup>(c)</sup>  | 1200 | 1227 |
| Venture Global Plaquemines LNG, LLC 7.75% 5/1/2035 <sup>(c)</sup>  | 2400 | 2629 |
| Venture Global Plaquemines LNG, LLC 6.875% 1/31/2036 <sup>(c)</sup>  | 2325 | 2383 |
| Vista Energy Argentina S.A.U. 8.50% 6/10/2033 <sup>(c)</sup>  | 3775 | 3884 |
| Vista Energy Argentina S.A.U. 7.625% 12/10/2035 <sup>(c)</sup>  | 4400 | 4402 |
| Vital Energy, Inc. 7.875% 4/15/2032 <sup>(c)</sup>  | 1955 | 1928 |
| Weatherford International, Ltd. 8.625% 4/30/2030 <sup>(c)</sup>  | 46 | 47 |
| Wildfire Intermediate Holdings, LLC 7.50% 10/15/2029 <sup>(c)</sup>  | 2195 | 2221 |
|  |  | 223546 |
| **Communication services 2.84%** |  |  |
| Alphabet, Inc. 4.375% 11/15/2032  | 878 | 881 |

---

---

| | |
|:---|:---|
| **31** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Communication services (continued)** |  |  |
| Alphabet, Inc. 4.70% 11/15/2035  | USD<br> 2,416<br>| $2418 |
| Altice France 6.50% 3/15/2032 <sup>(c)</sup>  | 350 | 336 |
| Altice France 6.875% 7/15/2032 <sup>(c)</sup>  | 2650 | 2543 |
| AT&T, Inc. 2.55% 12/1/2033  | 1850 | 1579 |
| AT&T, Inc. 3.50% 9/15/2053  | 2270 | 1520 |
| AT&T, Inc. 3.55% 9/15/2055  | 1200 | 800 |
| CCO Holdings, LLC 4.75% 2/1/2032 <sup>(c)</sup>  | 1789 | 1636 |
| CCO Holdings, LLC 4.50% 5/1/2032  | 800 | 719 |
| CCO Holdings, LLC 4.50% 6/1/2033 <sup>(c)</sup>  | 2785 | 2441 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(c)</sup>  | 2967 | 2526 |
| Charter Communications Operating, LLC 4.40% 4/1/2033  | 890 | 839 |
| Charter Communications Operating, LLC 6.65% 2/1/2034  | 580 | 611 |
| Charter Communications Operating, LLC 4.80% 3/1/2050  | 6383 | 4800 |
| Charter Communications Operating, LLC 3.70% 4/1/2051  | 19541 | 12349 |
| Charter Communications Operating, LLC 3.90% 6/1/2052  | 13413 | 8669 |
| Charter Communications Operating, LLC 5.25% 4/1/2053  | 18648 | 14773 |
| Charter Communications Operating, LLC 6.70% 12/1/2055  | 3100 | 2975 |
| Comcast Corp. 2.887% 11/1/2051  | 4085 | 2391 |
| Comcast Corp. 5.65% 6/1/2054  | 6574 | 6167 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(c)</sup>  | 12280 | 13041 |
| DIRECTV Financing, LLC 8.875% 2/1/2030 <sup>(c)</sup>  | 2675 | 2710 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(c)</sup>  | 1450 | 1510 |
| EchoStar Corp. 10.75% 11/30/2029  | 3478 | 3849 |
| Frontier Communications Holdings, LLC 5.00% 5/1/2028 <sup>(c)</sup>  | 711 | 713 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(c)</sup>  | 5311 | 5720 |
| Gray Media, Inc. 4.75% 10/15/2030 <sup>(c)</sup>  | 140 | 109 |
| Gray Media, Inc. 5.375% 11/15/2031 <sup>(c)</sup>  | 1829 | 1373 |
| Gray Media, Inc. 9.625% 7/15/2032 <sup>(c)</sup>  | 1390 | 1444 |
| Lindblad Expeditions, LLC 7.00% 9/15/2030 <sup>(c)</sup>  | 1070 | 1117 |
| Meta Platforms, Inc. 4.875% 11/15/2035  | 9519 | 9510 |
| Meta Platforms, Inc. 5.50% 11/15/2045  | 2343 | 2276 |
| Meta Platforms, Inc. 4.45% 8/15/2052  | 725 | 590 |
| Meta Platforms, Inc. 5.40% 8/15/2054  | 5813 | 5413 |
| Meta Platforms, Inc. 5.625% 11/15/2055  | 6901 | 6629 |
| Meta Platforms, Inc. 5.75% 11/15/2065  | 2408 | 2299 |
| News Corp. 3.875% 5/15/2029 <sup>(c)</sup>  | 369 | 358 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(c)</sup>  | 944 | 924 |
| Sirius XM Radio, LLC 4.125% 7/1/2030 <sup>(c)</sup>  | 1950 | 1856 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(c)</sup>  | 12939 | 11924 |
| Snap, Inc. 6.875% 3/1/2033 <sup>(c)</sup>  | 5340 | 5538 |
| T-Mobile USA, Inc. 5.15% 4/15/2034  | 150 | 153 |
| T-Mobile USA, Inc. 3.40% 10/15/2052  | 3345 | 2251 |
| T-Mobile USA, Inc. 5.75% 1/15/2054  | 252 | 247 |
| Univision Communications, Inc. 8.00% 8/15/2028 <sup>(c)</sup>  | 3460 | 3586 |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(c)</sup>  | 5802 | 5578 |
| Univision Communications, Inc. 7.375% 6/30/2030 <sup>(c)</sup>  | 8006 | 8166 |
| Univision Communications, Inc. 8.50% 7/31/2031 <sup>(c)</sup>  | 7014 | 7333 |
| Univision Communications, Inc. 9.375% 8/1/2032 <sup>(c)</sup>  | 2400 | 2581 |
| Verizon Communications, Inc. 1.75% 1/20/2031  | 300 | 264 |
| Verizon Communications, Inc. 5.25% 4/2/2035  | 240 | 244 |
| Verizon Communications, Inc. 5.371% 7/2/2037 <sup>(c)</sup>  | 40 | 40 |
| Verizon Communications, Inc. 2.85% 9/3/2041  | 52 | 37 |
| Verizon Communications, Inc. 3.55% 3/22/2051  | 200 | 142 |
| Verizon Communications, Inc. 3.875% 3/1/2052  | 782 | 580 |
| Verizon Communications, Inc. 2.987% 10/30/2056  | 337 | 201 |
| WarnerMedia Holdings, Inc. 5.05% 3/15/2042  | 4738 | 3346 |
| WarnerMedia Holdings, Inc. 5.141% 3/15/2052  | 158 | 104 |
|  |  | 184729 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **32** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Consumer discretionary 2.57%** |  |  |
| Advance Auto Parts, Inc. 3.90% 4/15/2030  | USD<br> 1,555<br>| $1429 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 6670 | 5684 |
| Advance Auto Parts, Inc. 7.375% 8/1/2033 <sup>(c)</sup>  | 5641 | 5667 |
| Allied Universal Holdco, LLC 4.625% 6/1/2028 <sup>(c)</sup>  | 802 | 791 |
| Allied Universal Holdco, LLC 6.875% 6/15/2030 <sup>(c)</sup>  | 5235 | 5454 |
| Amazon.com, Inc. 3.95% 4/13/2052  | 400 | 312 |
| AutoNation, Inc. 5.89% 3/15/2035  | 7200 | 7466 |
| Caesars Entertainment, Inc. 6.50% 2/15/2032 <sup>(c)</sup>  | 2000 | 2050 |
| Carnival Corp. 5.125% 5/1/2029 <sup>(c)</sup>  | 1945 | 1968 |
| Carnival Corp. 7.00% 8/15/2029 <sup>(c)</sup>  | 4420 | 4641 |
| Carnival Corp. 5.75% 3/15/2030 <sup>(c)</sup>  | 6807 | 7006 |
| Carnival Corp. 6.125% 2/15/2033 <sup>(c)</sup>  | 9365 | 9675 |
| Cougar JV Subsidiary, LLC 8.00% 5/15/2032 <sup>(c)</sup>  | 465 | 499 |
| Fertitta Entertainment, LLC 4.625% 1/15/2029 <sup>(c)</sup>  | 350 | 340 |
| Ford Motor Co. 3.25% 2/12/2032  | 940 | 829 |
| Ford Motor Co. 6.10% 8/19/2032  | 770 | 794 |
| Ford Motor Co. 4.75% 1/15/2043  | 995 | 789 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026  | 600 | 605 |
| Ford Motor Credit Co., LLC 2.70% 8/10/2026  | 1475 | 1461 |
| Ford Motor Credit Co., LLC 5.85% 5/17/2027  | 1700 | 1727 |
| Ford Motor Credit Co., LLC 4.95% 5/28/2027  | 1065 | 1070 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 4926 | 5043 |
| Ford Motor Credit Co., LLC 6.798% 11/7/2028  | 1000 | 1049 |
| Ford Motor Credit Co., LLC 5.113% 5/3/2029  | 250 | 250 |
| Ford Motor Credit Co., LLC 7.20% 6/10/2030  | 4010 | 4301 |
| Ford Motor Credit Co., LLC 5.73% 9/5/2030  | 4241 | 4308 |
| Ford Motor Credit Co., LLC 6.054% 11/5/2031  | 7666 | 7863 |
| Ford Motor Credit Co., LLC 6.532% 3/19/2032  | 2469 | 2583 |
| Ford Motor Credit Co., LLC 7.122% 11/7/2033  | 1578 | 1696 |
| Ford Motor Credit Co., LLC 6.125% 3/8/2034  | 2347 | 2386 |
| Ford Motor Credit Co., LLC 6.50% 2/7/2035  | 2456 | 2545 |
| General Motors Financial Co., Inc. 2.35% 2/26/2027  | 75 | 74 |
| General Motors Financial Co., Inc. 5.625% 4/4/2032  | 2134 | 2223 |
| General Motors Financial Co., Inc. 5.45% 9/6/2034  | 2003 | 2033 |
| General Motors Financial Co., Inc. 5.90% 1/7/2035  | 2482 | 2589 |
| General Motors Financial Co., Inc. 6.15% 7/15/2035  | 3561 | 3754 |
| GENM Capital Labuan, Ltd. 3.882% 4/19/2031  | 4000 | 3627 |
| Genting New York, LLC 7.25% 10/1/2029 <sup>(c)</sup>  | 625 | 641 |
| Gildan Activewear, Inc. 5.40% 10/7/2035 <sup>(c)</sup>  | 1290 | 1288 |
| Great Canadian Gaming Corp. 8.75% 11/15/2029 <sup>(c)</sup>  | 1275 | 1289 |
| Hilton Domestic Operating Co., Inc. 4.00% 5/1/2031 <sup>(c)</sup>  | 600 | 574 |
| Home Depot, Inc. 4.95% 6/25/2034  | 1150 | 1177 |
| Home Depot, Inc. 4.65% 9/15/2035  | 2997 | 2972 |
| Home Depot, Inc. 5.40% 6/25/2064  | 8221 | 7873 |
| Hyundai Capital America 1.65% 9/17/2026 <sup>(c)</sup>  | 100 | 98 |
| International Game Technology PLC 5.25% 1/15/2029 <sup>(c)</sup>  | 650 | 651 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(c)</sup>  | 1335 | 1316 |
| LCM Investments Holdings II, LLC 8.25% 8/1/2031 <sup>(c)</sup>  | 1350 | 1429 |
| Lithia Motors, Inc. 3.875% 6/1/2029 <sup>(c)</sup>  | 308 | 298 |
| Lithia Motors, Inc. 4.375% 1/15/2031 <sup>(c)</sup>  | 900 | 866 |
| Macy's Retail Holdings, LLC 5.875% 3/15/2030 <sup>(c)</sup>  | 17 | 17 |
| McDonald's Corp. 4.95% 3/3/2035  | 778 | 789 |
| Newell Brands, Inc. 8.50% 6/1/2028 <sup>(c)</sup>  | 1265 | 1328 |
| Newell Brands, Inc. 6.375% 5/15/2030  | 3841 | 3756 |
| Newell Brands, Inc. 6.625% 5/15/2032  | 8813 | 8562 |
| Newell Brands, Inc. 7.375% 4/1/2036  | 2045 | 1923 |
| Nissan Motor Acceptance Co., LLC 5.55% 9/13/2029 <sup>(c)</sup>  | 1200 | 1197 |
| Nissan Motor Co., Ltd. 8.125% 7/17/2035 <sup>(c)</sup>  | 8469 | 9007 |
| Party City Holdings, Inc. 0% 8/27/2030 <sup>(h)</sup>  | 148 | 3 |
| Royal Caribbean Cruises, Ltd. 5.375% 7/15/2027 <sup>(c)</sup>  | 400 | 403 |
| Royal Caribbean Cruises, Ltd. 5.375% 1/15/2036  | 5001 | 5024 |
| Sonic Automotive, Inc. 4.875% 11/15/2031 <sup>(c)</sup>  | 3463 | 3360 |

---

---

| | |
|:---|:---|
| **33** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Consumer discretionary (continued)** |  |  |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(c)</sup>  | USD<br> 3,130<br>| $3074 |
| Wynn Resorts Finance, LLC 7.125% 2/15/2031 <sup>(c)</sup>  | 514 | 557 |
| ZF North America Capital, Inc. 6.75% 4/23/2030 <sup>(c)</sup>  | 1090 | 1078 |
|  |  | 167131 |
| **Utilities 2.31%** |  |  |
| Aegea Finance SARL 9.00% 1/20/2031 <sup>(c)</sup>  | 2063 | 2185 |
| AES Panama Generation Holdings, SRL 4.375% 5/31/2030 <sup>(c)</sup>  | 187 | 176 |
| Alabama Power Co. 5.85% 11/15/2033  | 300 | 323 |
| Comision Federal de Electricidad 6.45% 1/24/2035 <sup>(c)</sup>  | 1685 | 1736 |
| Duke Energy Corp. 6.10% 9/15/2053  | 300 | 311 |
| Edison International 4.125% 3/15/2028  | 250 | 247 |
| Edison International 5.25% 11/15/2028  | 339 | 344 |
| Edison International 5.25% 3/15/2032  | 7636 | 7645 |
| Edison International, junior subordinated, 7.875% 6/15/2054 (5-year UST Yield Curve Rate T Note Constant <br> Maturity + 3.658% on 6/15/2029) <sup>(f)</sup>  | 4905 | 5152 |
| Electricite de France SA 9.125% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T <br> Note Constant Maturity + 5.411% on 6/15/2033) <sup>(c)(f)</sup>  | 1325 | 1546 |
| Florida Power & Light Co. 5.30% 6/15/2034  | 150 | 157 |
| Florida Power & Light Co. 5.30% 4/1/2053  | 60 | 57 |
| Florida Power & Light Co. 5.60% 6/15/2054  | 2300 | 2312 |
| Florida Power & Light Co. 5.70% 3/15/2055  | 1825 | 1853 |
| Jersey Central Power & Light Co. 5.10% 1/15/2035  | 450 | 455 |
| Long Ridge Energy, LLC 8.75% 2/15/2032 <sup>(c)</sup>  | 4085 | 4352 |
| NiSource, Inc. 5.40% 6/30/2033  | 250 | 259 |
| Pacific Gas and Electric Co. 3.15% 1/1/2026  | 40 | 40 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028  | 600 | 605 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 755 | 752 |
| Pacific Gas and Electric Co. 3.25% 6/1/2031  | 200 | 186 |
| Pacific Gas and Electric Co. 6.15% 1/15/2033  | 400 | 425 |
| Pacific Gas and Electric Co. 6.40% 6/15/2033  | 5485 | 5926 |
| Pacific Gas and Electric Co. 5.80% 5/15/2034  | 375 | 390 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 2930 | 3014 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 9705 | 8214 |
| Pacific Gas and Electric Co. 3.50% 8/1/2050  | 16980 | 11472 |
| Pacific Gas and Electric Co. 6.70% 4/1/2053  | 8779 | 9277 |
| Pacific Gas and Electric Co. 5.90% 10/1/2054  | 1750 | 1685 |
| Pacific Gas and Electric Co. 6.15% 3/1/2055  | 6670 | 6630 |
| PacifiCorp 5.45% 2/15/2034  | 5538 | 5620 |
| PacifiCorp 5.35% 12/1/2053  | 6047 | 5317 |
| PacifiCorp 5.50% 5/15/2054  | 5351 | 4786 |
| PacifiCorp 5.80% 1/15/2055  | 8880 | 8293 |
| PG&E Corp. 5.25% 7/1/2030  | 546 | 542 |
| PG&E Corp., junior subordinated, 7.375% 3/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 3.883% on 3/15/2030) <sup>(f)</sup>  | 9375 | 9770 |
| Public Service Enterprise Group, Inc. 5.40% 3/15/2035  | 200 | 206 |
| Southern California Edison Co. 5.20% 6/1/2034  | 8262 | 8311 |
| Southern California Edison Co. 4.00% 4/1/2047  | 485 | 364 |
| Southern California Edison Co. 3.65% 2/1/2050  | 1947 | 1363 |
| Southern California Edison Co. 2.95% 2/1/2051  | 11940 | 7292 |
| Southern California Edison Co. 3.45% 2/1/2052  | 11030 | 7340 |
| Southern California Edison Co. 5.75% 4/15/2054  | 1260 | 1187 |
| Southern California Edison Co. 5.90% 3/1/2055  | 6061 | 5859 |
| Southern California Edison Co. 6.20% 9/15/2055  | 1780 | 1795 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(c)</sup>  | 1567 | 1660 |
| YPF Energia Electrica SA 7.875% 10/16/2032 <sup>(c)</sup>  | 2790 | 2802 |
|  |  | 150233 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **34** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Consumer staples 2.15%** |  |  |
| Albertsons Cos., Inc. 5.50% 3/31/2031 <sup>(c)</sup>  | USD<br> 3,750<br>| $3794 |
| Albertsons Cos., Inc. 5.75% 3/31/2034 <sup>(c)</sup>  | 5400 | 5429 |
| Altria Group, Inc. 5.25% 8/6/2035  | 2420 | 2451 |
| B&G Foods, Inc. 5.25% 9/15/2027  | 400 | 392 |
| BAT Capital Corp. 2.259% 3/25/2028  | 100 | 96 |
| BAT Capital Corp. 4.742% 3/16/2032  | 450 | 454 |
| BAT Capital Corp. 4.625% 3/22/2033  | 1095 | 1089 |
| BAT Capital Corp. 6.421% 8/2/2033  | 673 | 743 |
| BAT Capital Corp. 6.00% 2/20/2034  | 7832 | 8389 |
| BAT Capital Corp. 5.625% 8/15/2035  | 10888 | 11347 |
| BAT Capital Corp. 4.758% 9/6/2049  | 1551 | 1314 |
| BAT Capital Corp. 5.65% 3/16/2052  | 929 | 879 |
| BAT Capital Corp. 7.081% 8/2/2053  | 9514 | 10798 |
| Coca-Cola Co. 5.20% 1/14/2055  | 1995 | 1925 |
| Constellation Brands, Inc. 4.35% 5/9/2027  | 326 | 327 |
| Constellation Brands, Inc. 4.75% 5/9/2032  | 1683 | 1691 |
| Constellation Brands, Inc. 4.90% 5/1/2033  | 886 | 891 |
| Coty, Inc. 6.625% 7/15/2030 <sup>(c)</sup>  | 490 | 504 |
| Coty, Inc. 5.60% 1/15/2031 <sup>(c)</sup>  | 5049 | 5100 |
| Imperial Brands Finance PLC 5.875% 7/1/2034 <sup>(c)</sup>  | 4740 | 4959 |
| Keurig Dr Pepper, Inc. 3.20% 5/1/2030  | 40 | 38 |
| Keurig Dr Pepper, Inc. 5.15% 5/15/2035  | 2399 | 2405 |
| Kronos Acquisition Holdings, Inc. 10.75% 6/30/2032 <sup>(c)</sup>  | 905 | 413 |
| Lamb Weston Holdings, Inc. 4.375% 1/31/2032 <sup>(c)</sup>  | 250 | 238 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(c)</sup>  | 16346 | 16807 |
| Mars, Inc. 5.65% 5/1/2045 <sup>(c)</sup>  | 2039 | 2057 |
| Mars, Inc. 5.70% 5/1/2055 <sup>(c)</sup>  | 10520 | 10487 |
| Mars, Inc. 5.80% 5/1/2065 <sup>(c)</sup>  | 730 | 734 |
| Minerva Luxembourg SA 8.875% 9/13/2033 <sup>(c)</sup>  | 2030 | 2221 |
| Mondelez International, Inc. 5.125% 5/6/2035  | 1140 | 1167 |
| Philip Morris International, Inc. 5.75% 11/7/2032  | 1297 | 1388 |
| Philip Morris International, Inc. 5.375% 2/15/2033  | 400 | 419 |
| Philip Morris International, Inc. 5.625% 9/7/2033  | 9650 | 10252 |
| Philip Morris International, Inc. 5.25% 2/13/2034  | 6230 | 6442 |
| Philip Morris International, Inc. 4.90% 11/1/2034  | 11383 | 11480 |
| Philip Morris International, Inc. 4.625% 10/29/2035  | 5207 | 5096 |
| Post Holdings, Inc. 4.625% 4/15/2030 <sup>(c)</sup>  | 650 | 633 |
| Post Holdings, Inc. 6.25% 2/15/2032 <sup>(c)</sup>  | 540 | 555 |
| Post Holdings, Inc. 6.375% 3/1/2033 <sup>(c)</sup>  | 4000 | 4044 |
|  |  | 139448 |
| **Information technology 1.95%** |  |  |
| ams-OSRAM AG 12.25% 3/30/2029 <sup>(c)</sup>  | 2365 | 2524 |
| Analog Devices, Inc. 2.95% 10/1/2051  | 3353 | 2184 |
| Broadcom, Inc. 5.15% 11/15/2031  | 2302 | 2389 |
| Broadcom, Inc. 4.80% 10/15/2034  | 3822 | 3831 |
| Broadcom, Inc. 5.20% 7/15/2035  | 4480 | 4592 |
| Broadcom, Inc. 3.187% 11/15/2036 <sup>(c)</sup>  | 450 | 382 |
| Broadcom, Inc. 4.926% 5/15/2037 <sup>(c)</sup>  | 4426 | 4370 |
| Cisco Systems, Inc. 5.05% 2/26/2034  | 3000 | 3088 |
| Cisco Systems, Inc. 5.10% 2/24/2035  | 1590 | 1635 |
| Cloud Software Group, Inc. 9.00% 9/30/2029 <sup>(c)</sup>  | 8115 | 8457 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(c)</sup>  | 5043 | 5273 |
| CommScope Technologies, LLC 5.00% 3/15/2027 <sup>(c)</sup>  | 1500 | 1498 |
| CommScope, LLC 4.75% 9/1/2029 <sup>(c)</sup>  | 304 | 304 |
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(c)</sup>  | 4000 | 4267 |
| Intel Corp. 3.05% 8/12/2051  | 750 | 462 |
| Intel Corp. 5.60% 2/21/2054  | 4850 | 4481 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 2541 | 2594 |
| Micron Technology, Inc. 6.05% 11/1/2035  | 6510 | 6949 |

---

---

| | |
|:---|:---|
| **35** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Information technology (continued)** |  |  |
| NCR Atleos Corp. 9.50% 4/1/2029 <sup>(c)</sup>  | USD<br> 900<br>| $977 |
| Oracle Corp. 5.50% 8/3/2035  | 7556 | 7408 |
| Oracle Corp. 5.20% 9/26/2035  | 14200 | 13610 |
| Oracle Corp. 3.95% 3/25/2051  | 450 | 296 |
| Oracle Corp. 5.95% 9/26/2055  | 2900 | 2571 |
| Roper Technologies, Inc. 4.90% 10/15/2034  | 2525 | 2520 |
| Roper Technologies, Inc. 5.10% 9/15/2035  | 3785 | 3815 |
| Synopsys, Inc. 5.15% 4/1/2035  | 3100 | 3152 |
| Synopsys, Inc. 5.70% 4/1/2055  | 9060 | 8997 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(c)</sup>  | 2150 | 2212 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(c)</sup>  | 7016 | 7193 |
| Viasat, Inc. 5.625% 4/15/2027 <sup>(c)</sup>  | 410 | 411 |
| Wolfspeed, Inc. 4.00% PIK and 9.875% Cash 6/23/2030 <sup>(i)(j)</sup>  | 1211 | 1320 |
| WULF Compute, LLC 7.75% 10/15/2030 <sup>(c)</sup>  | 2845 | 2933 |
| X.AI Corp. 12.50% 6/30/2030  | 9400 | 10029 |
|  |  | 126724 |
| **Real estate 1.92%** |  |  |
| Boston Properties, LP 2.55% 4/1/2032  | 2281 | 1992 |
| Boston Properties, LP 2.45% 10/1/2033  | 6752 | 5589 |
| Boston Properties, LP 6.50% 1/15/2034  | 3766 | 4057 |
| Boston Properties, LP 5.75% 1/15/2035  | 8049 | 8283 |
| Equinix, Inc. 3.40% 2/15/2052  | 4250 | 2920 |
| Highwoods Realty, LP 5.35% 1/15/2033  | 5100 | 5108 |
| Howard Hughes Corp. (The) 4.125% 2/1/2029 <sup>(c)</sup>  | 930 | 904 |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(c)</sup>  | 4147 | 3952 |
| Hudson Pacific Properties, LP 3.25% 1/15/2030  | 4230 | 3580 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 2925 | 2855 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 4642 | 4379 |
| Kennedy-Wilson, Inc. 5.00% 3/1/2031  | 10785 | 10152 |
| Kilroy Realty, LP 2.65% 11/15/2033  | 1500 | 1231 |
| Kilroy Realty, LP 6.25% 1/15/2036  | 3959 | 4095 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 1160 | 1188 |
| MPT Operating Partnership, LP 5.00% 10/15/2027  | 8263 | 8009 |
| MPT Operating Partnership, LP 3.50% 3/15/2031  | 425 | 309 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(c)</sup>  | 9855 | 10532 |
| Piedmont Operating Partnership, LP 5.625% 1/15/2033  | 1262 | 1276 |
| Prologis, LP 5.125% 1/15/2034  | 3375 | 3471 |
| Prologis, LP 5.00% 3/15/2034  | 2780 | 2836 |
| Prologis, LP 5.00% 1/31/2035  | 747 | 757 |
| Prologis, LP 5.25% 3/15/2054  | 580 | 551 |
| Service Properties Trust 8.00% 9/30/2027 <sup>(c)</sup>  | 940 | 851 |
| Service Properties Trust 3.95% 1/15/2028  | 1554 | 1468 |
| Service Properties Trust 8.375% 6/15/2029  | 9002 | 9058 |
| Service Properties Trust 4.95% 10/1/2029  | 5550 | 4842 |
| Service Properties Trust 4.375% 2/15/2030  | 10082 | 8551 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(c)</sup>  | 8015 | 8435 |
| Trust 2401 7.70% 1/23/2032 <sup>(c)</sup>  | 226 | 250 |
| Trust Fibra Uno 7.70% 1/23/2032 <sup>(c)</sup>  | 451 | 495 |
| VICI Properties, LP 4.125% 8/15/2030 <sup>(c)</sup>  | 250 | 242 |
| VICI Properties, LP 5.125% 5/15/2032  | 930 | 937 |
| VICI Properties, LP 5.625% 4/1/2035  | 1668 | 1704 |
|  |  | 124859 |
| **Materials 1.84%** |  |  |
| Ball Corp. 6.00% 6/15/2029  | 200 | 206 |
| Ball Corp. 5.50% 9/15/2033  | 5390 | 5499 |
| BHP Billiton Finance (USA), Ltd. 4.90% 2/28/2033  | 314 | 321 |
| BHP Billiton Finance (USA), Ltd. 5.25% 9/8/2033  | 1546 | 1608 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **36** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Materials (continued)** |  |  |
| Braskem Netherlands Finance BV 8.75% 1/12/2031 <sup>(c)</sup>  | USD<br> 1,530<br>| $600 |
| Braskem Netherlands Finance BV 7.25% 2/13/2033  | 6107 | 2370 |
| Braskem Netherlands Finance BV 7.25% 2/13/2033 <sup>(c)</sup>  | 475 | 184 |
| Braskem Netherlands Finance BV 8.00% 10/15/2034 <sup>(c)</sup>  | 6715 | 2606 |
| Braskem Netherlands Finance BV 8.00% 10/15/2034  | 750 | 291 |
| Braskem Netherlands Finance BV 5.875% 1/31/2050  | 150 | 52 |
| Celanese US Holdings, LLC 6.85% 11/15/2028  | 1194 | 1250 |
| Celanese US Holdings, LLC 6.50% 4/15/2030  | 6634 | 6673 |
| Celanese US Holdings, LLC 7.00% 2/15/2031  | 685 | 702 |
| Celanese US Holdings, LLC 6.879% 7/15/2032  | 1921 | 2001 |
| Celanese US Holdings, LLC 7.20% 11/15/2033  | 6775 | 7163 |
| Celanese US Holdings, LLC 7.375% 2/15/2034  | 1565 | 1591 |
| Celulosa Arauco y Constitucion SA 6.18% 5/5/2032 <sup>(c)</sup>  | 1755 | 1816 |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(c)</sup>  | 2723 | 2822 |
| Cleveland-Cliffs, Inc. 4.875% 3/1/2031 <sup>(c)</sup>  | 600 | 578 |
| Cleveland-Cliffs, Inc. 7.50% 9/15/2031 <sup>(c)</sup>  | 5675 | 5991 |
| Cleveland-Cliffs, Inc. 7.375% 5/1/2033 <sup>(c)</sup>  | 4250 | 4424 |
| Cleveland-Cliffs, Inc. 7.625% 1/15/2034 <sup>(c)</sup>  | 2600 | 2719 |
| Consolidated Energy Finance SA 12.00% 2/15/2031 <sup>(c)</sup>  | 5800 | 4108 |
| Dow Chemical Co. (The) 5.35% 3/15/2035  | 1849 | 1833 |
| Dow Chemical Co. (The) 5.65% 3/15/2036  | 9566 | 9530 |
| Dow Chemical Co. (The) 5.55% 11/30/2048  | 571 | 503 |
| Dow Chemical Co. (The) 3.60% 11/15/2050  | 2070 | 1338 |
| Dow Chemical Co. (The) 6.90% 5/15/2053  | 107 | 110 |
| Dow Chemical Co. (The) 5.60% 2/15/2054  | 6082 | 5292 |
| Dow Chemical Co. (The) 5.95% 3/15/2055  | 941 | 857 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(c)</sup>  | 6245 | 6584 |
| FXI Holdings, Inc. 16.00% PIK 11/15/2029 (14.00% on 11/15/2028) <sup>(c)(f)(i)</sup>  | 2117 | 1207 |
| FXI Holdings, Inc. 11.00% 11/15/2030 <sup>(c)</sup>  | 3620 | 3258 |
| International Flavors & Fragrances, Inc. 2.30% 11/1/2030 <sup>(c)</sup>  | 113 | 102 |
| JH North America Holdings, Inc. 5.875% 1/31/2031 <sup>(c)</sup>  | 665 | 680 |
| JH North America Holdings, Inc. 6.125% 7/31/2032 <sup>(c)</sup>  | 645 | 662 |
| LSB Industries, Inc. 6.25% 10/15/2028 <sup>(c)</sup>  | 383 | 384 |
| LYB International Finance III, LLC 5.125% 1/15/2031  | 203 | 204 |
| LYB International Finance III, LLC 5.50% 3/1/2034  | 1461 | 1445 |
| LYB International Finance III, LLC 6.15% 5/15/2035  | 690 | 707 |
| LYB International Finance III, LLC 5.875% 1/15/2036  | 1185 | 1180 |
| Magnera Corp. 7.25% 11/15/2031 <sup>(c)</sup>  | 6550 | 6437 |
| Minera Mexico, SA de CV, 5.625% 2/12/2032 <sup>(c)</sup>  | 2700 | 2797 |
| NOVA Chemicals Corp. 4.25% 5/15/2029 <sup>(c)</sup>  | 1385 | 1356 |
| PT Krakatau Posco 6.375% 6/11/2029  | 2900 | 2997 |
| Quikrete Holdings, Inc. 6.75% 3/1/2033 <sup>(c)</sup>  | 880 | 920 |
| Sasol Financing USA, LLC 8.75% 5/3/2029 <sup>(c)</sup>  | 1165 | 1187 |
| SCIH Salt Holdings, Inc. 4.875% 5/1/2028 <sup>(c)</sup>  | 742 | 745 |
| Sealed Air Corp. 6.125% 2/1/2028 <sup>(c)</sup>  | 607 | 617 |
| Stillwater Mining Co. 4.00% 11/16/2026 <sup>(j)</sup>  | 600 | 596 |
| Vale Overseas, Ltd. 6.40% 6/28/2054  | 4035 | 4122 |
| Vale Overseas, Ltd. 6.00% 2/25/2056 (5-year UST Yield Curve Rate T Note Constant Maturity + 2.431% on <br> 2/25/2031) <sup>(c)(f)</sup>  | 3050 | 3054 |
| Veritiv Operating Co. 10.50% 11/30/2030 <sup>(c)</sup>  | 930 | 1001 |
| Westlake Corp. 5.55% 11/15/2035  | 2254 | 2255 |
|  |  | 119535 |
| **Industrials 1.55%** |  |  |
| Ambipar Lux SARL 9.875% 2/6/2031 <sup>(c)</sup>  | 800 | 180 |
| Ambipar Lux SARL 10.875% 2/5/2033 <sup>(c)</sup>  | 1575 | 279 |
| Amentum Holdings, Inc. 7.25% 8/1/2032 <sup>(c)</sup>  | 1440 | 1519 |
| BAE Systems PLC 5.30% 3/26/2034 <sup>(c)</sup>  | 2264 | 2345 |
| Boeing Co. (The) 2.75% 2/1/2026  | 115 | 115 |
| Boeing Co. (The) 3.625% 2/1/2031  | 1642 | 1578 |

---

---

| | |
|:---|:---|
| **37** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Industrials (continued)** |  |  |
| Boeing Co. (The) 6.388% 5/1/2031  | USD<br> 1,201<br>| $1304 |
| Boeing Co. (The) 5.705% 5/1/2040  | 655 | 669 |
| Boeing Co. (The) 5.805% 5/1/2050  | 10412 | 10257 |
| Boeing Co. (The) 6.858% 5/1/2054  | 5472 | 6150 |
| Boeing Co. (The) 5.93% 5/1/2060  | 1200 | 1178 |
| Canadian Pacific Railway Co. 5.20% 3/30/2035  | 1150 | 1184 |
| Canadian Pacific Railway Co. 3.10% 12/2/2051  | 2745 | 1823 |
| Canadian Pacific Railway, Co. 3.00% 12/2/2041  | 880 | 660 |
| Clean Harbors, Inc. 6.375% 2/1/2031 <sup>(c)</sup>  | 73 | 75 |
| Clean Harbors, Inc. 5.75% 10/15/2033 <sup>(c)</sup>  | 1630 | 1675 |
| CoreLogic, Inc. 4.50% 5/1/2028 <sup>(c)</sup>  | 300 | 295 |
| Embraer Netherlands Finance BV 5.98% 2/11/2035  | 510 | 542 |
| EquipmentShare.com, Inc. 8.625% 5/15/2032 <sup>(c)</sup>  | 1880 | 1988 |
| EquipmentShare.com, Inc. 8.00% 3/15/2033 <sup>(c)</sup>  | 3380 | 3561 |
| FTAI Aviation Investors, LLC 5.875% 4/15/2033 <sup>(c)</sup>  | 3000 | 3051 |
| Herc Holdings, Inc. 6.625% 6/15/2029 <sup>(c)</sup>  | 1340 | 1396 |
| Herc Holdings, Inc. 7.00% 6/15/2030 <sup>(c)</sup>  | 1905 | 2006 |
| Herc Holdings, Inc. 5.75% 3/15/2031 <sup>(c)</sup>  | 1545 | 1569 |
| Herc Holdings, Inc. 7.25% 6/15/2033 <sup>(c)</sup>  | 1110 | 1178 |
| Herc Holdings, Inc. 6.00% 3/15/2034 <sup>(c)</sup>  | 1615 | 1638 |
| Honeywell International, Inc. 5.00% 3/1/2035  | 3750 | 3821 |
| Icahn Enterprises, LP 6.25% 5/15/2026  | 833 | 835 |
| Icahn Enterprises, LP 5.25% 5/15/2027  | 3130 | 3089 |
| Icahn Enterprises, LP 9.75% 1/15/2029  | 9078 | 9062 |
| Icahn Enterprises, LP 10.00% 11/15/2029 <sup>(c)</sup>  | 1615 | 1616 |
| IRB Infrastructure Developers, Ltd. 7.11% 3/11/2032 <sup>(c)</sup>  | 685 | 708 |
| LATAM Airlines Group SA 7.875% 4/15/2030 <sup>(c)</sup>  | 830 | 874 |
| Norfolk Southern Corp. 4.45% 3/1/2033  | 78 | 78 |
| Norfolk Southern Corp. 5.35% 8/1/2054  | 4524 | 4325 |
| Paychex, Inc. 5.60% 4/15/2035  | 385 | 403 |
| QXO Building Products, Inc. 6.75% 4/30/2032 <sup>(c)</sup>  | 2955 | 3089 |
| Regal Rexnord Corp. 6.30% 2/15/2030  | 2060 | 2184 |
| Regal Rexnord Corp. 6.40% 4/15/2033  | 2197 | 2364 |
| RTX Corp. 2.82% 9/1/2051  | 925 | 578 |
| RTX Corp. 5.375% 2/27/2053  | 1117 | 1079 |
| Sabre GLBL, Inc. 11.125% 7/15/2030 <sup>(c)</sup>  | 2300 | 1910 |
| Science Applications International Corp. 5.875% 11/1/2033 <sup>(c)</sup>  | 925 | 938 |
| TransDigm, Inc. 6.25% 1/31/2034 <sup>(c)</sup>  | 800 | 831 |
| TransDigm, Inc. 6.75% 1/31/2034 <sup>(c)</sup>  | 2550 | 2658 |
| Union Pacific Corp. 5.10% 2/20/2035  | 1736 | 1792 |
| Union Pacific Corp. 2.95% 3/10/2052  | 1885 | 1204 |
| Union Pacific Corp. 4.95% 5/15/2053  | 5361 | 4892 |
| Union Pacific Corp. 5.60% 12/1/2054  | 270 | 270 |
| Verisk Analytics, Inc. 5.125% 2/15/2036  | 3956 | 3984 |
|  |  | 100799 |
| **Municipals 0.01%** |  |  |
| Texas Combined Tirz I, LLC 0% 12/7/2062 <sup>(c)(h)</sup>  | 589 | 589 |
| **Total corporate bonds and notes** |  | 1997682 |
| **U.S. Treasury bonds & notes 15.90%** | **U.S. Treasury bonds & notes 15.90%** | **U.S. Treasury bonds & notes 15.90%** |
| **U.S. Treasury 15.61%** |  |  |
| U.S. Treasury 4.875% 4/30/2026  | 46247 | 46443 |
| U.S. Treasury 4.125% 10/31/2026  | 6325 | 6352 |
| U.S. Treasury 4.625% 6/15/2027  | 30490 | 30979 |
| U.S. Treasury 3.625% 8/31/2027  | 67339 | 67487 |
| U.S. Treasury 3.50% 9/30/2027  | 3310 | 3311 |
| U.S. Treasury 3.375% 11/30/2027  | 44 | 44 |
| U.S. Treasury 3.375% 12/31/2027  | 101501 | 101307 |
| U.S. Treasury 4.25% 2/15/2028  | 28213 | 28647 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **38** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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 3.50% 12/15/2028  | USD<br> 9,739<br>| $9728 |
| U.S. Treasury 4.00% 5/31/2030  | 81744 | 82798 |
| U.S. Treasury 3.625% 8/31/2030  | 4600 | 4584 |
| U.S. Treasury 3.625% 10/31/2030  | 10500 | 10459 |
| U.S. Treasury 3.625% 12/31/2030  | 107225 | 106734 |
| U.S. Treasury 3.875% 12/31/2032  | 35813 | 35670 |
| U.S. Treasury 4.00% 11/15/2035  | 8246 | 8134 |
| U.S. Treasury 4.625% 2/15/2040  | 9900 | 10023 |
| U.S. Treasury 4.75% 2/15/2041  | 38980 | 39738 |
| U.S. Treasury 4.625% 11/15/2044  | 78355 | 76898 |
| U.S. Treasury 4.875% 8/15/2045  | 6400 | 6462 |
| U.S. Treasury 4.625% 11/15/2045  | 153002 | 149703 |
| U.S. Treasury 4.75% 5/15/2055 <sup>(k)</sup>  | 171312 | 168725 |
| U.S. Treasury 4.75% 8/15/2055  | 20870 | 20563 |
|  |  | 1014789 |
| **U.S. Treasury inflation-protected securities 0.29%** |  |  |
| U.S. Treasury Inflation-Protected Security 1.625% 10/15/2027 <sup>(l)</sup>  | 18794 | 18942 |
| **Total U.S. Treasury bonds & notes** |  | 1033731 |
| **Asset-backed obligations 7.25%** | **Asset-backed obligations 7.25%** | **Asset-backed obligations 7.25%** |
| **Other asset-backed securities 3.02%** |  |  |
| ACHD Trust, Series 2025-DS1, Class A, 5.978% 1/9/2034 <sup>(a)(c)</sup>  | 2065 | 2071 |
| ACHD Trust, Series 2025-DS1, Class B, 9.38% 1/9/2034 <sup>(a)(c)</sup>  | 800 | 803 |
| Ansley Park Capital, LLC, Series 2025-A, Class C, 4.82% 4/20/2035 <sup>(a)(c)</sup>  | 3660 | 3686 |
| Auxilior Term Funding, LLC, Series 24-1, Class C, 6.01% 7/15/2031 <sup>(a)(c)</sup>  | 4786 | 4904 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class B, 5.41% 3/15/2030 <sup>(a)(c)</sup>  | 713 | 722 |
| CCG Receivables Trust, Series 2025-1, Class D, 5.28% 10/14/2032 <sup>(a)(c)</sup>  | 544 | 549 |
| CF Hippolyta, LLC, Series 2020-1, Class B1, 2.28% 7/15/2060 <sup>(a)(c)</sup>  | 486 | 309 |
| CFG Investments, Ltd., Series 2025-1, Class A, 6.47% 3/25/2036 <sup>(a)(c)</sup>  | 8561 | 8709 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class C, 5.01% 8/20/2032 <sup>(a)(c)</sup>  | 7083 | 7110 |
| Commercial Equipment Finance, Series 2025-1A, Class A, 4.83% 5/15/2031 <sup>(a)(c)</sup>  | 6632 | 6664 |
| Crockett Partners Equipment Co. II, LLC, Series 2024-1C, Class A, 6.05% 1/20/2031 <sup>(a)(c)</sup>  | 3237 | 3297 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(a)(c)</sup>  | 3811 | 3870 |
| EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 <sup>(a)(c)</sup>  | 8719 | 8785 |
| Global SC Finance SRL, Series 2025-1H, Class A, 6.169% 9/20/2045 <sup>(a)(c)</sup>  | 7968 | 7989 |
| Global SC Finance SRL, Series 2025-1H, Class B, 7.848% 9/20/2045 <sup>(a)(c)</sup>  | 5696 | 5712 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2025-1, Class A4, 4.58% 1/15/2032 <sup>(a)(c)</sup>  | 11834 | 12045 |
| Mercury Financial Credit Card Master Trust, Series 2024-2A, Class A, 6.56% 7/20/2029 <sup>(a)(c)</sup>  | 5734 | 5766 |
| MMP Capital, Series 2025-A, Class A, 5.36% 12/15/2031 <sup>(a)(c)</sup>  | 1023 | 1033 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/2061 <sup>(a)(c)</sup>  | 156 | 131 |
| NMEF Funding, LLC, Series 2025-A, Class B, 5.18% 7/15/2032 <sup>(a)(c)</sup>  | 8617 | 8733 |
| NMEF Funding, LLC, Series 2025-B, Class A2, 4.64% 1/18/2033 <sup>(a)(c)</sup>  | 8464 | 8500 |
| NMEF Funding, LLC, Series 2025-B, Class B, 4.73% 1/18/2033 <sup>(a)(c)</sup>  | 2648 | 2669 |
| OWN Equipment Fund III, Series 2025-2M, Class A, 5.42% 3/27/2034 <sup>(a)(c)</sup>  | 28811 | 29003 |
| OWN Equipment Fund III, Series 2025-2M, Class B, 6.49% 3/27/2034 <sup>(a)(c)</sup>  | 1824 | 1829 |
| OWN Equipment Fund III, Series 2025-2M, Class C, 8.77% 3/27/2034 <sup>(a)(c)</sup>  | 1002 | 1005 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class B, 5.79% 11/20/2030 <sup>(a)(c)</sup>  | 7274 | 7481 |
| PK ALIFT Loan Funding 4, LP, Series 2024-2, Class A, 5.052% 10/15/2039 <sup>(a)(c)</sup>  | 2489 | 2500 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class D, 5.88% 11/20/2035 <sup>(a)(c)</sup>  | 866 | 897 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class B, 4.51% 6/20/2036 <sup>(a)(c)</sup>  | 9044 | 9092 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class C, 4.82% 6/20/2036 <sup>(a)(c)</sup>  | 4283 | 4316 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class D, 5.33% 6/20/2036 <sup>(a)(c)</sup>  | 1041 | 1051 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class E, 6.21% 6/20/2036 <sup>(a)(c)</sup>  | 2556 | 2564 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(a)(c)</sup>  | 1775 | 1701 |
| Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 9/20/2045 <sup>(a)(c)</sup>  | 1719 | 1634 |
| Textainer Marine Containers, Ltd., Series 2020-3, Class A, 2.11% 9/20/2045 <sup>(a)(c)</sup>  | 3042 | 2914 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(a)(c)</sup>  | 7791 | 7838 |
| Triton Container Finance VIII, LLC, Series 2020-1, Class A, 2.11% 9/20/2045 <sup>(a)(c)</sup>  | 965 | 912 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(a)(c)</sup>  | 1807 | 1817 |

---

---

| | |
|:---|:---|
| **39** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Verdant Receivables, LLC, Series 2024-1, Class C, 6.25% 12/12/2031 <sup>(a)(c)</sup>  | USD<br> 771<br>| $800 |
| VFI ABS, LLC, Series 2025-1A, Class A, 4.78% 6/24/2030 <sup>(a)(c)</sup>  | 2042 | 2053 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class B, 5.06% 9/20/2032 <sup>(a)(c)</sup>  | 2333 | 2358 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class C, 5.28% 9/20/2032 <sup>(a)(c)</sup>  | 1653 | 1674 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class A2, 4.33% 9/20/2033 <sup>(a)(c)</sup>  | 432 | 433 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class C, 4.76% 9/20/2033 <sup>(a)(c)</sup>  | 640 | 642 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class D, 5.45% 9/20/2033 <sup>(a)(c)</sup>  | 1563 | 1575 |
| Zayo Issuer, LLC, Series 2025-2A, Class A2, 5.953% 6/20/2055 <sup>(a)(c)</sup>  | 3000 | 3081 |
| Zayo Issuer, LLC, Series 2025-2A, Class B, 6.586% 6/20/2055 <sup>(a)(c)</sup>  | 3000 | 3099 |
|  |  | 196326 |
| **Auto loan 2.28%** |  |  |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class D, 6.53% 4/12/2030 <sup>(a)(c)</sup>  | 7281 | 7437 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class C, 5.42% 12/15/2031 <sup>(a)(c)</sup>  | 1922 | 1925 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class B, 7.09% 4/20/2027 <sup>(a)(c)</sup>  | 1596 | 1604 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-5, Class C, 6.85% 4/20/2028 <sup>(a)(c)</sup>  | 3333 | 3406 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class B, 6.32% 6/20/2029 <sup>(a)(c)</sup>  | 2369 | 2465 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class C, 7.24% 6/20/2029 <sup>(a)(c)</sup>  | 890 | 934 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class D, 7.31% 6/20/2029 <sup>(a)(c)</sup>  | 1155 | 1187 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class C, 7.03% 12/20/2029 <sup>(a)(c)</sup>  | 4000 | 4206 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6A, Class D, 7.37% 12/20/2029 <sup>(a)(c)</sup>  | 1994 | 2051 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8A, Class D, 7.52% 2/20/2030 <sup>(a)(c)</sup>  | 3081 | 3168 |
| CPS Auto Receivables Trust, Series 2022-B, Class D, 5.19% 8/15/2028 <sup>(a)(c)</sup>  | 924 | 925 |
| CPS Auto Receivables Trust, Series 2024-A, Class E, 8.42% 8/15/2031 <sup>(a)(c)</sup>  | 700 | 730 |
| CPS Auto Receivables Trust, Series 2024-C, Class E, 8.04% 3/15/2032 <sup>(a)(c)</sup>  | 1500 | 1556 |
| CPS Auto Receivables Trust, Series 2025-C, Class E, 6.59% 2/15/2033 <sup>(a)(c)</sup>  | 2777 | 2749 |
| Credit Acceptance Auto Loan Trust, Series 2022-1A, Class C, 5.70% 10/15/2032 <sup>(a)(c)</sup>  | 303 | 303 |
| Credit Acceptance Auto Loan Trust, Series 2022-1A, Class D, 6.63% 12/15/2032 <sup>(a)(c)</sup>  | 1000 | 1000 |
| Credit Acceptance Auto Loan Trust, Series 2024-2, Class C, 6.70% 10/16/2034 <sup>(a)(c)</sup>  | 5769 | 5977 |
| Credit Acceptance Auto Loan Trust, Series 2025-2A, Class C, 5.38% 3/17/2036 <sup>(a)(c)</sup>  | 2919 | 2972 |
| Exeter Automobile Receivables Trust, Series 2022-2A, Class D, 4.56% 7/17/2028 <sup>(a)</sup>  | 19 | 19 |
| Exeter Automobile Receivables Trust, Series 2023-1A, Class E, 12.07% 9/16/2030 <sup>(a)(c)</sup>  | 4000 | 4458 |
| Exeter Automobile Receivables Trust, Series 2023-2A, Class E, 9.75% 11/15/2030 <sup>(a)(c)</sup>  | 848 | 926 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class E, 9.98% 1/15/2031 <sup>(a)(c)</sup>  | 1022 | 1110 |
| Exeter Automobile Receivables Trust, Series 2023-4A, Class E, 9.57% 2/18/2031 <sup>(a)(c)</sup>  | 3010 | 3256 |
| Exeter Automobile Receivables Trust, Series 2023-5A, Class E, 9.58% 6/16/2031 <sup>(a)(c)</sup>  | 5403 | 5885 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class E, 7.89% 8/15/2031 <sup>(a)(c)</sup>  | 4799 | 5007 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class D, 5.16% 3/15/2032 <sup>(a)</sup>  | 4431 | 4466 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class E, 7.15% 6/15/2033 <sup>(a)(c)</sup>  | 3159 | 3175 |
| Ford Credit Floorplan Master Owner Trust, Series 2023-1, Class D, 6.62% 5/15/2028 <sup>(a)(c)</sup>  | 2335 | 2352 |
| GLS Auto Receivables Trust, Series 2023-3, Class E, 9.27% 8/15/2030 <sup>(a)(c)</sup>  | 950 | 1015 |
| GLS Auto Receivables Trust, Series 2023-4, Class E, 9.72% 8/15/2030 <sup>(a)(c)</sup>  | 1900 | 2053 |
| GLS Auto Receivables Trust, Series 2024-2, Class E, 7.98% 5/15/2031 <sup>(a)(c)</sup>  | 1170 | 1223 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class C, 6.91% 6/25/2027 <sup>(a)(c)</sup>  | 2200 | 2211 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class 1D, 9.13% 6/25/2027 <sup>(a)(c)</sup>  | 672 | 677 |
| Hertz Vehicle Financing III, LLC, Series 2022-2A, Class C, 2.95% 6/26/2028 <sup>(a)(c)</sup>  | 300 | 293 |
| Hertz Vehicle Financing III, LLC, Series 2022-2, Class D, 5.16% 6/26/2028 <sup>(a)(c)</sup>  | 2389 | 2343 |
| Hertz Vehicle Financing III, LLC, Series 2023-2, Class C, 7.13% 9/25/2029 <sup>(a)(c)</sup>  | 2167 | 2255 |
| Hertz Vehicle Financing III, LLC, Series 2023-4, Class C, 7.51% 3/25/2030 <sup>(a)(c)</sup>  | 3950 | 4167 |
| Hertz Vehicle Financing, LLC, Series 2021-2, Class D, 4.34% 12/27/2027 <sup>(a)(c)</sup>  | 5000 | 4930 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class C, 6.03% 9/25/2029 <sup>(a)(c)</sup>  | 4947 | 5032 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class D, 7.98% 9/25/2029 <sup>(a)(c)</sup>  | 2121 | 2152 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class C, 6.40% 9/25/2031 <sup>(a)(c)</sup>  | 5746 | 5881 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class D, 8.34% 9/25/2031 <sup>(a)(c)</sup>  | 1966 | 1989 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(a)(c)</sup>  | 1368 | 1372 |
| LAD Auto Receivables Trust, Series 2024-3A, Class D, 5.18% 2/17/2032 <sup>(a)(c)</sup>  | 537 | 543 |
| Prestige Auto Receivables Trust, Series 2023-1, Class D, 6.33% 4/16/2029 <sup>(a)(c)</sup>  | 1912 | 1910 |
| Prestige Auto Receivables Trust, Series 2024-1, Class E, 7.94% 4/15/2031 <sup>(a)(c)</sup>  | 1196 | 1119 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2022-3, Class B, 6.58% 11/25/2030 <sup>(a)(c)</sup>  | 294 | 294 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-4A, Class B, 5.497% 4/25/2034 <sup>(a)(c)</sup>  | 8785 | 8871 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **40** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class C, 6.69% 3/17/2031 <sup>(a)</sup>  | USD<br> 796<br>| $812 |
| Santander Drive Auto Receivables Trust, Series 2025-4, Class D, 4.95% 1/15/2032 <sup>(a)</sup>  | 5526 | 5553 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class B, 4.728% 9/26/2033 <sup>(a)(c)</sup>  | 5182 | 5193 |
| United Auto Credit Securitization Trust, Series 2024-1, Class D, 8.30% 11/12/2029 <sup>(a)(c)</sup>  | 6000 | 6116 |
| Westlake Automobile Receivables Trust, Series 2022-2A, Class D, 5.48% 9/15/2027 <sup>(a)(c)</sup>  | 1109 | 1112 |
| Westlake Automobile Receivables Trust, Series 2025-1A, Class D, 5.54% 11/15/2030 <sup>(a)(c)</sup>  | 3798 | 3859 |
|  |  | 148224 |
| **Credit card 0.99%** |  |  |
| Avant Credit Card Master Trust, Series 2024-2A, Class B, 5.73% 5/15/2029 <sup>(a)(c)</sup>  | 11000 | 11040 |
| Avant Credit Card Master Trust, Series 2024-2A, Class C, 6.41% 5/15/2029 <sup>(a)(c)</sup>  | 5000 | 5033 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class C, 5.53% 5/15/2029 <sup>(a)(c)</sup>  | 765 | 774 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(a)(c)</sup>  | 2021 | 2034 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.58% 8/15/2029 <sup>(a)(c)</sup>  | 1996 | 2007 |
| Mission Lane Credit Card Master Trust, Series 2025-A, Class D, 8.89% 5/15/2030 <sup>(a)(c)</sup>  | 7000 | 7037 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(a)(c)</sup>  | 3176 | 3193 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class C, 5.37% 12/16/2030 <sup>(a)(c)</sup>  | 2701 | 2711 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class D, 5.71% 12/16/2030 <sup>(a)(c)</sup>  | 2418 | 2419 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class F, 10.55% 12/16/2030 <sup>(a)(c)</sup>  | 4000 | 4001 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(a)(c)</sup>  | 10363 | 10442 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.21% 9/15/2031 <sup>(a)(c)</sup>  | 1658 | 1671 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class C, 5.41% 9/15/2031 <sup>(a)(c)</sup>  | 996 | 1001 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class D, 5.80% 9/15/2031 <sup>(a)(c)</sup>  | 953 | 954 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class F, 11.21% 9/15/2031 <sup>(a)(c)</sup>  | 9789 | 9898 |
|  |  | 64215 |
| **Student loan 0.96%** |  |  |
| Navient Education Loan Trust, Series 2025-A, Class A, 5.02% 7/15/2055 <sup>(a)(c)</sup>  | 4723 | 4780 |
| Navient Education Loan Trust, Series 2025-A, Class B, 5.32% 7/15/2055 <sup>(a)(c)</sup>  | 4506 | 4557 |
| Nelnet Student Loan Trust, Series 2025-AA, Class A1A, 5.07% 3/15/2057 <sup>(a)(c)</sup>  | 17528 | 17716 |
| SMB Private Education Loan Trust, Series 2021-A, Class D1, 3.86% 1/15/2053 <sup>(a)(c)</sup>  | 1331 | 1214 |
| SMB Private Education Loan Trust, Series 2021-A, Class D2, 3.86% 1/15/2053 <sup>(a)(c)</sup>  | 678 | 618 |
| SMB Private Education Loan Trust, Series 2023-A, Class B, 5.88% 1/15/2053 <sup>(a)(c)</sup>  | 2490 | 2551 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(a)(c)</sup>  | 14080 | 14304 |
| SMB Private Education Loan Trust, Series 2022-A, Class D, 4.75% 11/16/2054 <sup>(a)(c)</sup>  | 82 | 79 |
| SMB Private Education Loan Trust, Series 2024-A, Class D, 8.22% 3/15/2056 <sup>(a)(c)</sup>  | 8883 | 9595 |
| SMB Private Education Loan Trust, Series 2023-B, Class D, 7.56% 10/16/2056 <sup>(a)(c)</sup>  | 5000 | 5205 |
| SMB Private Education Loan Trust, Series 2022-D, Class D, 7.23% 10/15/2058 <sup>(a)(c)</sup>  | 1790 | 1837 |
|  |  | 62456 |
| **Total asset-backed obligations** |  | 471221 |
| **Bonds & notes of governments & government agencies outside the U.S. 1.53%** | **Bonds & notes of governments & government agencies outside the U.S. 1.53%** | **Bonds & notes of governments & government agencies outside the U.S. 1.53%** |
| **Panama 0.12%** |  |  |
| Panama (Republic of) 2.252% 9/29/2032  | 1800 | 1491 |
| Panama (Republic of) 4.50% 4/1/2056  | 6130 | 4616 |
| Panama (Republic of) 4.50% 4/16/2050  | 1200 | 930 |
| Panama (Republic of) 7.50% 3/1/2031  | 315 | 350 |
| Panama (Republic of) 7.875% 3/1/2057  | 260 | 304 |
|  |  | 7691 |
| **Egypt 0.29%** |  |  |
| Egypt (Arab Republic of) 8.50% 1/31/2047  | 5663 | 5572 |
| Egypt (Arab Republic of) 8.70% 3/1/2049  | 1700 | 1706 |
| Egypt (Arab Republic of) 7.50% 2/16/2061  | 10330 | 9018 |
| Egypt (Arab Republic of) 8.15% 11/20/2059  | 600 | 565 |

---

---

| | |
|:---|:---|
| **41** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |
| **Egypt (continued)** |  |  |
| Egypt (Arab Republic of) 8.75% 9/30/2051  | USD<br> 1,050<br>| $1054 |
| Egypt (Arab Republic of) 5.875% 2/16/2031  | 600 | 602 |
| Egypt (Arab Republic of) 5.80% 9/30/2027  | 200 | 203 |
|  |  | 18720 |
| **Dominican Republic 0.03%** |  |  |
| Dominican Republic (Government of) 5.875% 1/30/2060  | 2280 | 2038 |
| **Honduras 0.03%** |  |  |
| Honduras (Republic of) 5.625% 6/24/2030  | 2070 | 2058 |
| **Nigeria 0.04%** |  |  |
| Nigeria (Republic of) 7.875% 2/16/2032  | 2350 | 2461 |
| **Turkey 0.05%** |  |  |
| Turkey (Republic of), Series 10Y, 5.875% 6/26/2031  | 480 | 482 |
| Turkey (Republic of), Series 12Y, 6.50% 9/20/2033  | 2700 | 2758 |
|  |  | 3240 |
| **Senegal 0.10%** |  |  |
| Senegal (Republic of) 6.75% 3/13/2048  | 8800 | 4771 |
| Senegal (Republic of) 6.75% 3/13/2048  | 3439 | 1864 |
|  |  | 6635 |
| **Chile 0.01%** |  |  |
| Chile (Republic of) 2.45% 1/31/2031  | 400 | 367 |
| Chile (Republic of) 4.34% 3/7/2042  | 200 | 178 |
|  |  | 545 |
| **United Arab Emirates 0.00%** |  |  |
| Abu Dhabi (Emirate of) 1.70% 3/2/2031 <sup>(c)</sup>  | 300 | 267 |
| **India 0.00%** |  |  |
| Export-Import Bank of India 2.25% 1/13/2031 <sup>(c)</sup>  | 250 | 226 |
| **Mexico 0.48%** |  |  |
| United Mexican States 4.75% 4/27/2032  | 860 | 839 |
| United Mexican States 6.00% 5/7/2036  | 5510 | 5597 |
| United Mexican States 6.875% 5/13/2037  | 4140 | 4428 |
| United Mexican States 5.85% 7/2/2032  | 445 | 458 |
| United Mexican States 6.625% 1/29/2038  | 2165 | 2264 |
| Eagle Funding LuxCo SARL 5.50% 8/17/2030 <sup>(c)</sup>  | 17336 | 17680 |
|  |  | 31266 |
| **South Africa 0.04%** |  |  |
| South Africa (Republic of) 5.875% 4/20/2032  | 1003 | 1035 |
| South Africa (Republic of) 7.10% 11/19/2036 <sup>(c)</sup>  | 1150 | 1237 |
|  |  | 2272 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **42** |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |
| **Colombia 0.27%** |  |  |
| Colombia (Republic of) 8.00% 4/20/2033  | USD<br> 430<br>| $463 |
| Colombia (Republic of) 7.50% 2/2/2034  | 4710 | 4922 |
| Colombia (Republic of) 8.00% 11/14/2035  | 3185 | 3402 |
| Colombia (Republic of) 7.75% 11/7/2036  | 8044 | 8399 |
|  |  | 17186 |
| **Peru 0.07%** |  |  |
| Peru (Republic of) 5.875% 8/8/2054  | 1275 | 1266 |
| Peru (Republic of) 5.50% 3/30/2036  | 3310 | 3380 |
|  |  | 4646 |
| **Total bonds & notes of governments & government agencies outside the U.S.** |  | 99251 |
| **Loans 0.27%** | **Loans 0.27%** | **Loans 0.27%** |
| **Information technology 0.10%** |  |  |
| Commscope, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.466% 12/17/2029 <sup>(d)(m)</sup>  | 950 | 953 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) 10.973% 9/13/2029 <sup>(d)(j)(m)</sup>  | 75 | 75 |
| Finastra USA, Inc., Term Loan, (1-month USD CME Term SOFR + 4.00%) 7.688% 7/30/2032 <sup>(d)(m)</sup>  | 260 | 255 |
| Viasat, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.614%) 8.331% 3/2/2029 <sup>(d)(m)</sup>  | 2105 | 2102 |
| Viasat, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.348% 5/30/2030 <sup>(d)(m)</sup>  | 3295 | 3288 |
|  |  | 6673 |
| **Communication services 0.07%** |  |  |
| Gray Television, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.123% 6/4/2029 <sup>(d)(m)</sup>  | 14 | 14 |
| X Corp., Term Loan B, (USD-SOFR + 6.75%) 10.448% 10/26/2029 <sup>(d)(m)</sup>  | 4286 | 4218 |
|  |  | 4232 |
| **Health care 0.05%** |  |  |
| Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.75%) 7.466% 4/23/2031 <sup>(d)(m)</sup>  | 1462 | 1453 |
| Owens & Minor, Inc., Term Loan B-1, (3-month USD CME Term SOFR + 3.85%) 7.566% 3/29/2029 <sup>(d)(m)</sup>  | 2025 | 1959 |
|  |  | 3412 |
| **Industrials 0.04%** |  |  |
| Peraton Corp., Term Loan B, (3-month USD CME Term SOFR + 3.85%) 7.69% 2/1/2028 <sup>(d)(m)</sup>  | 3077 | 2862 |
| **Municipals 0.01%** |  |  |
| AM Bidco Operations, LLC, Term Loan, 8.50% PIK 10/21/2027 <sup>(h)(i)(m)</sup>  | 634 | 634 |
| **Total loans** |  | 17813 |
| **Municipals 0.06%** | **Municipals 0.06%** | **Municipals 0.06%** |
| **California 0.02%** |  |  |
| City of Rancho Mirage, Community Facs. Dist. No. 5 (Improvement Area No. 1), Special Tax Bonds, Series <br> 2024-B, 7.25% 9/1/2039  | 1080 | 1101 |
| **Puerto Rico 0.04%** |  |  |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(g)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2018 <sup>(g)</sup>  | 20 | 13 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2018 <sup>(g)</sup>  | 95 | 63 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, 5.50% 7/1/2020 <sup>(g)</sup>  | 10 | 7 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2021 <sup>(g)</sup>  | 190 | 127 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-AAA, 5.25% 7/1/2021 <sup>(g)</sup>  | 265 | 177 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-DDD, 5.00% 7/1/2023 <sup>(g)</sup>  | 210 | 140 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2023 <sup>(g)</sup>  | 20 | 13 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.00% 7/1/2024 <sup>(g)</sup>  | 75 | 50 |

---

---

| | |
|:---|:---|
| **43** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Municipals (continued)** | **Municipals (continued)** | **Municipals (continued)** |
| **Puerto Rico (continued)** |  |  |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.625% 7/1/2025 <sup>(g)</sup>  | USD<br> 10<br>| $7 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.75% 7/1/2026 <sup>(g)</sup>  | 10 | 7 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2026 <sup>(g)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.25% 7/1/2026 <sup>(g)</sup>  | 20 | 13 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.25% 7/1/2026 <sup>(g)</sup>  | 400 | 268 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.75% 7/1/2027 <sup>(g)</sup>  | 65 | 44 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 4.80% 7/1/2028 <sup>(g)</sup>  | 220 | 147 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.00% 7/1/2028 <sup>(g)</sup>  | 55 | 37 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(g)</sup>  | 165 | 111 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.25% 7/1/2033 <sup>(g)</sup>  | 610 | 409 |
| Electric Power Auth., Power Rev. Bonds, Series 2013-A, 6.75% 7/1/2036 <sup>(g)</sup>  | 330 | 221 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2037 <sup>(g)</sup>  | 65 | 44 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(g)</sup>  | 355 | 238 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(g)</sup>  | 100 | 67 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, AGI, 3.469% 7/1/2017 <sup>(f)(g)</sup>  | 465 | 310 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(g)</sup>  | 70 | 47 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2022 <sup>(g)</sup>  | 650 | 434 |
|  |  | 3000 |
| **Texas 0.00%** |  |  |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC <br> Project), Series 2023, AMT, 12.00% 6/1/2043 <sup>(c)(g)</sup>  | 863 | 86 |
| **Total municipals** |  | 4187 |
| **Total bonds, notes & other debt instruments** (cost: $6,313,796,000) |  | 6364084 |
| Common stocks 0.00% | Shares |  |
| **Energy 0.00%** |  |  |
| New Fortress Energy, Inc., Class A <sup>(n)</sup>  | 89859 | 102 |
| **Industrials 0.00%** |  |  |
| AM BidCo Holdings, LLC <sup>(h)(n)</sup>  | 35 | — <br><sup>(b)</sup><br>|
| **Total common stocks** (cost: $1,115,000) |  | 102 |
| Short-term securities 5.14% |  |  |
| **Money market investments 5.14%** | **Money market investments 5.14%** | **Money market investments 5.14%** |
| Capital Group Central Cash Fund 3.79% <sup>(o)(p)</sup>  | 3339593 | 333993 |
| **Total short-term securities** (cost: $333,895,000) |  | 333993 |
| **Total investment securities 103.03%** (cost: $6,648,806,000) |  | 6698179 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (3.03)% | (196807)<br>|
| **Net assets 100.00%** | $6501372 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **44** |

---

------

Capital Group Core Plus Income ETF (continued)

**Futures contracts**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &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; 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 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 11460 | 3/31/2026 | USD2,392,723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(665)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 3628 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 396557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1027)<br>|
| 10 Year U.S. Treasury Note Futures | Long | 579 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (416)<br>|
| 10 Year Ultra U.S. Treasury Note Futures | Short | 5483 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (630631)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1906 |
| 30 Year U.S. Treasury Bond Futures | Long | 1505 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2345)<br>|
| 30 Year Ultra U.S. Treasury Bond Futures | Long | 295 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (547)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(3094)<br>|

---

**Forward currency contracts**

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency purchased <br>(000) | Currency purchased <br>(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| USD | 10099 | EUR | 8570 | Citibank | 1/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $17 |

---

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| 3.863% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/29/2026 | USD250,000 | &nbsp;&nbsp;&nbsp;&nbsp; $723 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $723 |
| 3.787% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/12/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 152000 | &nbsp;&nbsp;&nbsp;&nbsp; 908 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 908 |
| 3.7315% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 156000 | &nbsp;&nbsp;&nbsp;&nbsp; 825 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 825 |
| SOFR | Annual | 3.3885% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 4/18/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 35000 | &nbsp;&nbsp;&nbsp;&nbsp; (52)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (52)<br>|
| 4.175% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 140000 | &nbsp;&nbsp;&nbsp;&nbsp; 3223 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3223 |
| 3.7675% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/3/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 31000 | &nbsp;&nbsp;&nbsp;&nbsp; 427 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 427 |
| 3.439% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/17/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 176250 | &nbsp;&nbsp;&nbsp;&nbsp; (295)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (295)<br>|
| 3.4357% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/17/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 205222 | &nbsp;&nbsp;&nbsp;&nbsp; (535)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (535)<br>|
| SOFR | Annual | 3.1585% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 1/18/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 43000 | &nbsp;&nbsp;&nbsp;&nbsp; 1188 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1188 |
| SOFR | Annual | 3.2205% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 4/18/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 58000 | &nbsp;&nbsp;&nbsp;&nbsp; 1488 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1488 |
| SOFR | Annual | 3.7917% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/17/2036 | &nbsp;&nbsp;&nbsp;&nbsp; 225282 | &nbsp;&nbsp;&nbsp;&nbsp; 530 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 530 |
| SOFR | Annual | 3.803% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/17/2036 | &nbsp;&nbsp;&nbsp;&nbsp; 195000 | &nbsp;&nbsp;&nbsp;&nbsp; 442 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 442 |
| 4.133% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/20/2043 | &nbsp;&nbsp;&nbsp;&nbsp; 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8 |
| 3.7575% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/3/2044 | &nbsp;&nbsp;&nbsp;&nbsp; 12000 | &nbsp;&nbsp;&nbsp;&nbsp; (625)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (625)<br>|
| 4.1386% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/17/2056 | &nbsp;&nbsp;&nbsp;&nbsp; 54821 | &nbsp;&nbsp;&nbsp;&nbsp; (166)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (166)<br>|
| 4.146% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/17/2056 | &nbsp;&nbsp;&nbsp;&nbsp; 47500 | &nbsp;&nbsp;&nbsp;&nbsp; (200)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (200)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $7889 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $7889 |

---

---

| | |
|:---|:---|
| **45** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Core Plus Income ETF (continued)

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>1/1/2025 <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>12/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 5.14%** | **Short-term securities 5.14%** | **Short-term securities 5.14%** | **Short-term securities 5.14%** | **Short-term securities 5.14%** | **Short-term securities 5.14%** | **Short-term securities 5.14%** | **Short-term securities 5.14%** |
| **Money market investments 5.14%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 3.79% <sup>(o)</sup> | $295735 | &nbsp;&nbsp; $2333140 | &nbsp;&nbsp; $2294892 | &nbsp;&nbsp; $(40)<br>| &nbsp;&nbsp; $50 | &nbsp;&nbsp; $333993 | &nbsp;&nbsp; $22381 |

---

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| Wolfspeed, Inc. 4.00% PIK and 9.875% Cash 6/23/2030  | 6/23/2023 | $1172 | $1320 | 0.02<br> %<br>|
| Stillwater Mining Co. 4.00% 11/16/2026  | 2/9/2024 | 580 | 596 | 0.01 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) <br> 10.973% 9/13/2029 <sup>(d)</sup> <br>| 9/12/2023 | 74 | 75 | 0.01 |
|  |  | $1826 | $1991 | 0.04<br> %<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> 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 $1,877,364,000, which represented 28.88% of the net assets of the fund. 

<sup>(d)</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>(e)</sup> Purchased on a TBA basis.

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

<sup>(g)</sup> Scheduled interest and/or principal payment was not received.

<sup>(h)</sup> Value determined using significant unobservable inputs.

<sup>(i)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(j)</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>(k)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $24,807,000, which represented 0.38% of the net assets of the fund. 

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

<sup>(m)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $17,813,000, which represented 0.27% of the net assets of the fund. 

<sup>(n)</sup> Non-income producing.

<sup>(o)</sup> Rate represents the seven-day yield at 12/31/2025.

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| AGI = Assured Guaranty insured |
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| CME = CME Group |
| DAC = Designated Activity Company |
| Dev. = Development |
| Dist. = District |
| EUR = Euros |

---

---

| |
|:---|
| EURIBOR = Euro Interbank Offered Rate |
| Facs. = Facilities |
| ICE = Intercontinental Exchange, Inc. |
| Ref. = Refunding |
| 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.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **46** |

---

------

Capital Group High Yield Bond ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 87.36% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes 85.77%** | **Corporate bonds and notes 85.77%** | **Corporate bonds and notes 85.77%** |
| **Energy 13.45%** |  |  |
| Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 <sup>(a)</sup>  | USD<br> 338<br>| $350 |
| BIP-V Chinook Holdco, LLC 5.50% 6/15/2031 <sup>(a)</sup>  | 750 | 743 |
| Civitas Resources, Inc. 9.625% 6/15/2033 <sup>(a)</sup>  | 634 | 685 |
| Crescent Energy Finance, LLC 7.375% 1/15/2033 <sup>(a)</sup>  | 375 | 356 |
| Global Partners, LP 7.125% 7/1/2033 <sup>(a)</sup>  | 312 | 319 |
| NFE Financing, LLC 12.00% 11/15/2029 <sup>(a)(b)</sup>  | 349 | 101 |
| Northern Oil and Gas, Inc. 7.875% 10/15/2033 <sup>(a)</sup>  | 60 | 59 |
| Occidental Petroleum Corp. 6.60% 3/15/2046  | 175 | 182 |
| Occidental Petroleum Corp. 6.05% 10/1/2054  | 115 | 110 |
| Petrobras Global Finance BV 5.125% 9/10/2030  | 350 | 343 |
| Petroleos Mexicanos 5.95% 1/28/2031  | 435 | 421 |
| Sunoco, LP 4.50% 5/15/2029  | 870 | 855 |
| Sunoco, LP 5.625% 3/15/2031 <sup>(a)</sup>  | 45 | 45 |
| Sunoco, LP 5.875% 3/15/2034 <sup>(a)</sup>  | 45 | 45 |
| Sunoco, LP 7.875% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant <br> Maturity + 4.23% on 9/18/2030) <sup>(a)(c)</sup>  | 120 | 123 |
| Talos Production, Inc. 9.00% 2/1/2029 <sup>(a)</sup>  | 305 | 318 |
| Transocean International, Ltd. 7.875% 10/15/2032 <sup>(a)</sup>  | 20 | 21 |
| Transocean, Inc. 8.50% 5/15/2031 <sup>(a)</sup>  | 140 | 139 |
| Venture Global LNG, Inc. 9.875% 2/1/2032 <sup>(a)</sup>  | 650 | 672 |
| Venture Global Plaquemines LNG, LLC 6.125% 12/15/2030 <sup>(a)</sup>  | 75 | 76 |
| Venture Global Plaquemines LNG, LLC 6.50% 1/15/2034 <sup>(a)</sup>  | 364 | 373 |
| Venture Global Plaquemines LNG, LLC 6.875% 1/31/2036 <sup>(a)</sup>  | 217 | 222 |
| Weatherford International, Ltd. 8.625% 4/30/2030 <sup>(a)</sup>  | 253 | 260 |
| Weatherford International, Ltd. 6.75% 10/15/2033 <sup>(a)</sup>  | 325 | 333 |
|  |  | 7151 |
| **Communication services 13.43%** |  |  |
| Altice France 6.50% 3/15/2032 <sup>(a)</sup>  | 255 | 245 |
| CCO Holdings, LLC 5.125% 5/1/2027 <sup>(a)</sup>  | 100 | 100 |
| CCO Holdings, LLC 4.25% 2/1/2031 <sup>(a)</sup>  | 587 | 540 |
| CCO Holdings, LLC 4.75% 2/1/2032 <sup>(a)</sup>  | 550 | 503 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(a)</sup>  | 489 | 416 |
| Clear Channel Outdoor Holdings, Inc. 7.75% 4/15/2028 <sup>(a)</sup>  | 146 | 146 |
| Clear Channel Outdoor Holdings, Inc. 7.125% 2/15/2031 <sup>(a)</sup>  | 181 | 190 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(a)</sup>  | 343 | 364 |
| DIRECTV Financing, LLC 5.875% 8/15/2027 <sup>(a)</sup>  | 373 | 375 |
| DIRECTV Financing, LLC 8.875% 2/1/2030 <sup>(a)</sup>  | 150 | 152 |
| Discovery Communications, LLC 4.125% 5/15/2029  | 75 | 73 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(a)</sup>  | 104 | 108 |
| EchoStar Corp. 10.75% 11/30/2029  | 308 | 341 |
| EchoStar Corp. 6.75% Cash 11/30/2030 <sup>(d)</sup>  | 165 | 169 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(a)</sup>  | 301 | 324 |
| Gray Media, Inc. 9.625% 7/15/2032 <sup>(a)</sup>  | 45 | 47 |
| Lindblad Expeditions, LLC 7.00% 9/15/2030 <sup>(a)</sup>  | 65 | 68 |
| Nexstar Media, Inc. 4.75% 11/1/2028 <sup>(a)</sup>  | 369 | 366 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(a)</sup>  | 421 | 412 |
| Sirius XM Radio, LLC 4.125% 7/1/2030 <sup>(a)</sup>  | 244 | 232 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(a)</sup>  | 426 | 393 |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(a)</sup>  | 615 | 591 |
| Univision Communications, Inc. 9.375% 8/1/2032 <sup>(a)</sup>  | 78 | 84 |
| Versant Media Group, Inc. 7.25% 1/30/2031 <sup>(a)</sup>  | 145 | 150 |
| WarnerMedia Holdings, Inc. 3.755% 3/15/2027  | 104 | 103 |
| WarnerMedia Holdings, Inc. 4.054% 3/15/2029  | 50 | 49 |
| WarnerMedia Holdings, Inc. 4.279% 3/15/2032  | 350 | 308 |
| WarnerMedia Holdings, Inc. 5.05% 3/15/2042  | 39 | 28 |
| WarnerMedia Holdings, Inc. 5.141% 3/15/2052  | 405 | 268 |
|  |  | 7145 |

---

---

| | |
|:---|:---|
| **47** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group High Yield Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Consumer discretionary 12.33%** |  |  |
| Acushnet Co. 5.625% 12/1/2033 <sup>(a)</sup>  | USD<br> 25<br>| $25 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 122 | 104 |
| Beach Acquisition Bidco, LLC 10.75% PIK or 10.00% Cash 7/15/2033 <sup>(a)(d)</sup>  | 200 | 221 |
| Caesars Entertainment, Inc. 7.00% 2/15/2030 <sup>(a)</sup>  | 755 | 782 |
| Carnival Corp. 5.125% 5/1/2029 <sup>(a)</sup>  | 40 | 41 |
| Flutter Treasury DAC 5.875% 6/4/2031 <sup>(a)</sup>  | 458 | 465 |
| Flutter Treasury DAC 6.125% 6/4/2031  | GBP<br> 100<br>| 136 |
| Ford Motor Credit Co., LLC 5.73% 9/5/2030  | USD<br> 200<br>| 203 |
| Ford Motor Credit Co., LLC 6.532% 3/19/2032  | 260 | 272 |
| Ford Motor Credit Co., LLC 6.125% 3/8/2034  | 200 | 203 |
| Genting New York, LLC 7.25% 10/1/2029 <sup>(a)</sup>  | 650 | 667 |
| Great Canadian Gaming Corp. 8.75% 11/15/2029 <sup>(a)</sup>  | 270 | 273 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(a)</sup>  | 380 | 375 |
| Levi Strauss & Co. 3.50% 3/1/2031 <sup>(a)</sup>  | 725 | 678 |
| Lithia Motors, Inc. 3.875% 6/1/2029 <sup>(a)</sup>  | 743 | 719 |
| Nissan Motor Acceptance Corp. 2.45% 9/15/2028 <sup>(a)</sup>  | 450 | 418 |
| Nissan Motor Co., Ltd. 7.75% 7/17/2032 <sup>(a)</sup>  | 243 | 258 |
| Nissan Motor Co., Ltd. 8.125% 7/17/2035 <sup>(a)</sup>  | 243 | 258 |
| Scientific Games Holdings, LP 6.625% 3/1/2030 <sup>(a)</sup>  | 86 | 77 |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(a)</sup>  | 250 | 246 |
| Vail Resorts, Inc. 5.625% 7/15/2030 <sup>(a)</sup>  | 134 | 137 |
|  |  | 6558 |
| **Financials 11.22%** |  |  |
| AmWINS Group, Inc. 4.875% 6/30/2029 <sup>(a)</sup>  | 322 | 317 |
| Asurion, LLC 8.00% 12/31/2032 <sup>(a)</sup>  | 225 | 234 |
| Block, Inc. 5.625% 8/15/2030 <sup>(a)</sup>  | 85 | 87 |
| Block, Inc. 3.50% 6/1/2031  | 530 | 499 |
| Block, Inc. 6.50% 5/15/2032  | 292 | 304 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 362 | 371 |
| Cipher Compute, LLC 7.125% 11/15/2030 <sup>(a)</sup>  | 145 | 148 |
| Coinbase Global, Inc. 3.375% 10/1/2028 <sup>(a)</sup>  | 393 | 375 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(a)</sup>  | 206 | 191 |
| FS KKR Capital Corp. 6.125% 1/15/2031  | 150 | 146 |
| ION Platform Finance US, Inc. 8.75% 5/1/2029 <sup>(a)</sup>  | 297 | 301 |
| ION Platform Finance US, Inc. 9.50% 5/30/2029 <sup>(a)</sup>  | 285 | 289 |
| ION Platform Finance US, Inc. 7.875% 9/30/2032 <sup>(a)</sup>  | 200 | 190 |
| Jane Street Group, LLC 6.75% 5/1/2033 <sup>(a)</sup>  | 125 | 131 |
| Navient Corp. 7.875% 6/15/2032  | 805 | 843 |
| OneMain Finance Corp. 7.125% 9/15/2032  | 945 | 983 |
| Osaic Holdings, Inc. 6.75% 8/1/2032 <sup>(a)</sup>  | 31 | 32 |
| Osaic Holdings, Inc. 8.00% 8/1/2033 <sup>(a)</sup>  | 23 | 24 |
| Starwood Property Trust, Inc. 5.25% 10/15/2028 <sup>(a)</sup>  | 250 | 253 |
| Voyager Parent, LLC 9.25% 7/1/2032 <sup>(a)</sup>  | 234 | 248 |
|  |  | 5966 |
| **Health care 9.13%** |  |  |
| 1261229 B.C., Ltd. 10.00% 4/15/2032 <sup>(a)</sup>  | 400 | 416 |
| Bausch Health Americas, Inc. 8.50% 1/31/2027 <sup>(a)</sup>  | 223 | 221 |
| Bausch Health Cos., Inc. 4.875% 6/1/2028 <sup>(a)</sup>  | 175 | 157 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(a)</sup>  | 860 | 892 |
| Endo Finance Holdings, Inc. 8.50% 4/15/2031 <sup>(a)</sup>  | 281 | 297 |
| IQVIA, Inc. 6.25% 6/1/2032 <sup>(a)</sup>  | 725 | 759 |
| Medline Borrower, LP 6.25% 4/1/2029 <sup>(a)</sup>  | 895 | 926 |
| Owens & Minor, Inc. 4.50% 3/31/2029 <sup>(a)</sup>  | 335 | 228 |
| Radiology Partners, Inc. 9.781% PIK 2/15/2030 <sup>(a)(d)</sup>  | 142 | 137 |
| Radiology Partners, Inc. 8.50% 7/15/2032 <sup>(a)</sup>  | 140 | 146 |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  | 650 | 675 |
|  |  | 4854 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **48** |

---

------

Capital Group High Yield Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Industrials 6.72%** |  |  |
| Avis Budget Car Rental, LLC 8.25% 1/15/2030 <sup>(a)</sup>  | USD<br> 394<br>| $409 |
| Axon Enterprise, Inc. 6.25% 3/15/2033 <sup>(a)</sup>  | 690 | 721 |
| Carpenter Technology Corp. 5.625% 3/1/2034 <sup>(a)</sup>  | 145 | 147 |
| EquipmentShare.com, Inc. 9.00% 5/15/2028 <sup>(a)</sup>  | 383 | 398 |
| Science Applications International Corp. 5.875% 11/1/2033 <sup>(a)</sup>  | 45 | 46 |
| Standard Building Solutions, Inc. 6.25% 8/1/2033 <sup>(a)</sup>  | 222 | 227 |
| TransDigm, Inc. 6.375% 5/31/2033 <sup>(a)</sup>  | 395 | 406 |
| TransDigm, Inc. 6.25% 1/31/2034 <sup>(a)</sup>  | 245 | 254 |
| TransDigm, Inc. 6.75% 1/31/2034 <sup>(a)</sup>  | 150 | 156 |
| WESCO Distribution, Inc. 6.625% 3/15/2032 <sup>(a)</sup>  | 775 | 810 |
|  |  | 3574 |
| **Materials 6.41%** |  |  |
| AmeriTex HoldCo Intermediate, LLC, 7.625% 8/15/2033 <sup>(a)</sup>  | 146 | 154 |
| Celanese US Holdings, LLC 7.00% 2/15/2031  | 60 | 62 |
| Century Aluminum Co. 6.875% 8/1/2032 <sup>(a)</sup>  | 130 | 134 |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(a)</sup>  | 635 | 658 |
| Cleveland-Cliffs, Inc. 7.625% 1/15/2034 <sup>(a)</sup>  | 85 | 89 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(a)</sup>  | 255 | 269 |
| JH North America Holdings, Inc. 5.875% 1/31/2031 <sup>(a)</sup>  | 655 | 669 |
| Mineral Resources, Ltd. 8.00% 11/1/2027 <sup>(a)</sup>  | 222 | 227 |
| Mineral Resources, Ltd. 9.25% 10/1/2028 <sup>(a)</sup>  | 177 | 186 |
| NOVA Chemicals Corp. 7.00% 12/1/2031 <sup>(a)</sup>  | 545 | 582 |
| SCIH Salt Holdings, Inc. 6.625% 5/1/2029 <sup>(a)</sup>  | 70 | 70 |
| Solstice Advanced Materials, Inc. 5.625% 9/30/2033 <sup>(a)</sup>  | 105 | 106 |
| Trivium Packaging Finance BV 8.25% 7/15/2030 <sup>(a)</sup>  | 187 | 201 |
|  |  | 3407 |
| **Information technology 5.24%** |  |  |
| ams-OSRAM AG 12.25% 3/30/2029 <sup>(a)</sup>  | 150 | 160 |
| Cloud Software Group, Inc. 6.50% 3/31/2029 <sup>(a)</sup>  | 145 | 147 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(a)</sup>  | 473 | 495 |
| CommScope, LLC 7.125% 7/1/2028 <sup>(a)</sup>  | 249 | 250 |
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(a)</sup>  | 219 | 234 |
| Fair Isaac Corp. 6.00% 5/15/2033 <sup>(a)</sup>  | 348 | 358 |
| Hughes Satellite Systems Corp. 5.25% 8/1/2026  | 75 | 72 |
| Hughes Satellite Systems Corp. 6.625% 8/1/2026  | 98 | 90 |
| Intel Corp. 3.05% 8/12/2051  | 45 | 28 |
| Intel Corp. 5.60% 2/21/2054  | 73 | 67 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(a)</sup>  | 338 | 348 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(a)</sup>  | 250 | 256 |
| Viasat, Inc. 7.50% 5/30/2031 <sup>(a)</sup>  | 78 | 74 |
| WULF Compute, LLC 7.75% 10/15/2030 <sup>(a)</sup>  | 200 | 206 |
|  |  | 2785 |
| **Real estate 3.88%** |  |  |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(a)</sup>  | 790 | 753 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 186 | 181 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 166 | 157 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(a)</sup>  | 301 | 322 |
| Service Properties Trust 8.00% 9/30/2027 <sup>(a)</sup>  | 85 | 77 |
| Service Properties Trust 3.95% 1/15/2028  | 104 | 98 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(a)</sup>  | 312 | 328 |
| Service Properties Trust 8.875% 6/15/2032  | 150 | 148 |
|  |  | 2064 |

---

---

| | |
|:---|:---|
| **49** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group High Yield Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Consumer staples 2.38%** |  |  |
| Albertsons Cos., Inc. 5.50% 3/31/2031 <sup>(a)</sup>  | USD<br> 170<br>| $172 |
| Albertsons Cos., Inc. 5.75% 3/31/2034 <sup>(a)</sup>  | 175 | 176 |
| Coty, Inc. 5.60% 1/15/2031 <sup>(a)</sup>  | 25 | 25 |
| Post Holdings, Inc. 6.25% 2/15/2032 <sup>(a)</sup>  | 870 | 895 |
|  |  | 1268 |
| **Utilities 1.58%** |  |  |
| PG&E Corp. 5.00% 7/1/2028  | 172 | 172 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(a)</sup>  | 630 | 667 |
|  |  | 839 |
| **Total corporate bonds and notes** |  | 45611 |
| **Loans 1.59%** | **Loans 1.59%** | **Loans 1.59%** |
| **Information technology 0.76%** |  |  |
| Finastra USA, Inc., Term Loan, (1-month USD CME Term SOFR + 4.00%) 7.688% 7/30/2032 <sup>(e)(f)</sup>  | 170 | 167 |
| Viasat, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.614%) 8.331% 3/2/2029 <sup>(e)(f)</sup>  | 225 | 224 |
| Viasat, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.348% 5/30/2030 <sup>(e)(f)</sup>  | 15 | 15 |
|  |  | 406 |
| **Communication services 0.45%** |  |  |
| Connect Finco SARL, Term Loan B, (1-month USD CME Term SOFR + 4.50%) 8.216% 9/27/2029 <sup>(e)(f)</sup>  | 135 | 135 |
| Versant Media Group, Inc., Term Loan B, (1-month USD CME Term SOFR + 3.50%) 7.537% 10/23/2030 <sup>(e)(f)</sup>  | 105 | 105 |
|  |  | 240 |
| **Consumer discretionary 0.28%** |  |  |
| Voyager Parent, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.75%) 8.422% 7/1/2032 <sup>(e)(f)</sup>  | 150 | 150 |
| **Industrials 0.10%** |  |  |
| Peraton Corp., Term Loan B, (3-month USD CME Term SOFR + 3.85%) 7.69% 2/1/2028 <sup>(e)(f)</sup>  | 55 | 51 |
| **Total loans** |  | 847 |
| **Total bonds, notes & other debt instruments** (cost: $45,880,000) |  | 46458 |
| Convertible bonds & notes 3.09% |  |  |
| **Information technology 0.73%** |  |  |
| Macom Technology Solutions Holdings, convertible notes, 0.25% 3/15/2026  | 85 | 177 |
| Super Micro Computer, Inc., convertible notes, 0% 6/15/2030 <sup>(a)</sup>  | 111 | 94 |
| Terawulf, Inc., convertible notes, 1.00% 9/1/2031 <sup>(a)</sup>  | 98 | 116 |
|  |  | 387 |
| **Communication services 0.66%** |  |  |
| EchoStar Corp., convertible notes, 3.875% Cash 11/30/2030 <sup>(d)</sup>  | 72 | 239 |
| Spotify USA, Inc., convertible notes, 0% 3/15/2026  | 99 | 113 |
|  |  | 352 |
| **Real estate 0.57%** |  |  |
| Ventas Realty, LP, convertible notes, 3.75% 6/1/2026  | 104 | 147 |
| Welltower OP, LLC, convertible notes, 2.75% 5/15/2028 <sup>(a)</sup>  | 79 | 155 |
|  |  | 302 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **50** |

---

------

Capital Group High Yield Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Convertible bonds & notes (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Utilities 0.52%** |  |  |
| CenterPoint Energy, Inc., convertible notes, 3.00% 8/1/2028 <sup>(a)</sup>  | USD<br> 150<br>| $152 |
| Southern Co. (The), convertible notes, 4.50% 6/15/2027  | 114 | 122 |
|  |  | 274 |
| **Health care 0.25%** |  |  |
| Halozyme Therapeutics, Inc. convertible notes, 1.00% 8/15/2028  | 101 | 134 |
| **Financials 0.18%** |  |  |
| Coinbase Global, Inc., convertible notes, 0.25% 4/1/2030  | 95 | 97 |
| **Industrials 0.18%** |  |  |
| Axon Enterprise, Inc., convertible notes, 0.50% 12/15/2027  | 38 | 96 |
| **Total convertible bonds & notes** (cost: $1,575,000) |  | 1642 |
| Convertible stocks 0.26% | Shares |  |
| **Industrials 0.26%** |  |  |
| Boeing Co., Series A, convertible preferred depositary shares, 6.00% 10/15/2027  | 2000 | 138 |
| **Total convertible stocks** (cost: $132,000) |  | 138 |
| Common stocks 0.26% |  |  |
| **Consumer discretionary 0.26%** |  |  |
| Carnival Corp. <sup>(g)</sup>  | 4581 | 140 |
| **Total common stocks** (cost: $120,000) |  | 140 |
| Short-term securities 7.41% |  |  |
| **Money market investments 7.41%** | **Money market investments 7.41%** | **Money market investments 7.41%** |
| Capital Group Central Cash Fund 3.79% <sup>(h)(i)</sup>  | 39417 | 3942 |
| **Total short-term securities** (cost: $3,941,000) |  | 3942 |
| **Total investment securities 98.38%** (cost: $51,648,000) |  | 52320 |

---

---

| | |
|:---|:---|
| Other assets less liabilities 1.62% | 860 |
| **Net assets 100.00%** | $53180 |

---

**Futures contracts**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<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 and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 16 | 3/31/2026 | USD3,341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(1)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 15 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(6)<br>|

---

---

| | |
|:---|:---|
| **51** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group High Yield Bond ETF (continued)

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>6/24/2025<sup>(j)</sup> <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>12/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 7.41%** | **Short-term securities 7.41%** | **Short-term securities 7.41%** | **Short-term securities 7.41%** | **Short-term securities 7.41%** | **Short-term securities 7.41%** | **Short-term securities 7.41%** | **Short-term securities 7.41%** |
| **Money market investments 7.41%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 3.79% <sup>(h)</sup> | $— | &nbsp;&nbsp; $17812 | &nbsp;&nbsp; $13870 | &nbsp;&nbsp; $(1)<br>| &nbsp;&nbsp; $1 | &nbsp;&nbsp; $3942 | &nbsp;&nbsp; $97 |

---

<sup>(a)</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 $37,064,000, which represented 69.70% of the net assets of the fund. 

<sup>(b)</sup> Scheduled interest and/or principal payment was not received.

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

<sup>(d)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(e)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $847,000, which represented 1.59% of the net assets of the fund. 

<sup>(f)</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>(g)</sup> Non-income producing.

<sup>(h)</sup> Rate represents the seven-day yield at 12/31/2025.

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

<sup>(j)</sup> Commencement of operations.

---

| |
|:---|
| **Key to abbreviation(s)** |
| CME = CME Group |
| DAC = Designated Activity Company |
| GBP = British pounds  |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **52** |

---

------

Capital Group International Bond ETF (USD-Hedged)

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 97.68% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Euros 29.08%** | **Euros 29.08%** | **Euros 29.08%** |
| Agence Francaise de Developpement 2.75% 9/30/2030 | EUR<br> 500<br>| $580 |
| Albania (Republic of) 4.75% 2/14/2035 | 200 | 238 |
| Alpha Bank SA 4.25% 6/11/2031 (5-year EUR Mid-Swap + 5.823% on 6/11/2026) <sup>(a)</sup>  | 100 | 118 |
| Amprion Gmbh 3.875% 6/5/2036 | 400 | 469 |
| AT&T, Inc. 1.60% 5/19/2028 | 270 | 310 |
| Banco de Sabadell SA 5.125% 6/27/2034 (5-year EUR Mid-Swap + 2.40% on 6/7/2029) <sup>(a)</sup>  | 200 | 247 |
| Barclays PLC 4.616% 3/26/2037 (5-year EUR Mid-Swap + 2.05% on 3/26/2032) <sup>(a)</sup>  | 300 | 363 |
| Belgium (Kingdom of), Series 97, 3.00% 6/22/2033 | 390 | 456 |
| Belgium (Kingdom of), Series 101, 3.50% 6/22/2055 | 370 | 376 |
| BHP Billiton Finance, Ltd. 3.643% 9/4/2035 | 300 | 348 |
| BMS Ireland Capital Funding DAC 2.973% 11/10/2030 | 321 | 376 |
| BMS Ireland Capital Funding DAC 4.581% 11/10/2055 | 100 | 115 |
| Bulgaria (Republic of) 3.375% 7/18/2035 | 245 | 284 |
| CaixaBank SA 1.25% 6/18/2031 (5-year EUR Mid-Swap + 1.63% on 6/18/2026) <sup>(a)</sup>  | 300 | 351 |
| Colombia (Republic of) 3.75% 9/19/2028 | 610 | 712 |
| Deutsche Bank AG 4.00% 7/12/2028 (3-month EUR-EURIBOR + 0.95% on 7/12/2027) <sup>(a)</sup>  | 300 | 359 |
| Deutsche Bank AG 3.375% 2/13/2031 (3-month EUR-EURIBOR + 1.25% on 2/13/2030) <sup>(a)</sup>  | 300 | 353 |
| Electricite de France SA 2.625% junior subordinated perpetual bonds (5-year EUR Mid-Swap <br> + 2.86% on 6/1/2028) <sup>(a)</sup>  | 600 | 689 |
| Electricite de France SA 2.875% junior subordinated perpetual bonds (5-year EUR Mid-Swap <br> + 3.373% on 3/15/2027) <sup>(a)</sup>  | 400 | 468 |
| Equinor ASA 1.375% 5/22/2032 | 250 | 263 |
| European Financial Stability Facility 2.875% 2/13/2034 | 740 | 858 |
| European Financial Stability Facility 3.375% 8/30/2038 | 500 | 584 |
| European Union 2.50% 10/14/2030 | 955 | 1116 |
| European Union 2.75% 12/13/2032 | 1105 | 1288 |
| European Union 3.375% 12/12/2035 | 1500 | 1789 |
| European Union 3.75% 10/12/2045 | 450 | 522 |
| European Union 4.00% 10/12/2055 | 195 | 226 |
| French Republic O.A.T. 2.70% 2/25/2031 | 1164 | 1358 |
| French Republic O.A.T. 2.00% 11/25/2032 | 325 | 355 |
| French Republic O.A.T. 1.25% 5/25/2034 | 990 | 985 |
| French Republic O.A.T. 3.75% 5/25/2056 | 250 | 259 |
| Germany (Federal Republic of) 2.10% 4/12/2029 | 2355 | 2753 |
| Germany (Federal Republic of) 1.80% 8/15/2053 | 1129 | 937 |
| Germany (Federal Republic of) 2.50% 8/15/2054 | 427 | 415 |
| Greece (Hellenic Republic of) 1.75% 6/18/2032 | 100 | 109 |
| Greece (Hellenic Republic of) 4.375% 7/18/2038 | 700 | 881 |
| Iberdrola SA 1.874% 12/31/2079 (5-year EUR Mid-Swap + 2.321% on 4/28/2026) <sup>(a)</sup>  | 200 | 235 |
| Indonesia (Republic of) 0.90% 2/14/2027 | 225 | 259 |
| Italy (Republic of) 0.50% 7/15/2028 | 250 | 281 |
| Italy (Republic of) 3.35% 7/1/2029 | 750 | 905 |
| Italy (Republic of) 3.25% 11/15/2032 | 5450 | 6457 |
| Italy (Republic of) 3.85% 7/1/2034 | 1930 | 2354 |
| Italy (Republic of) 3.65% 8/1/2035 | 2332 | 2784 |
| Italy (Republic of) 4.45% 9/1/2043 | 290 | 358 |
| Italy (Republic of) 4.50% 10/1/2053 | 215 | 259 |
| McDonald's Corp. 0.25% 10/4/2028 <sup>(b)</sup>  | 100 | 110 |
| Mizuho Financial Group, Inc. 0.47% 9/6/2029 (3-month EUR-EURIBOR + 0.718% on <br> 9/6/2028) <sup>(a)</sup>  | 475 | 525 |
| Morgan Stanley 2.95% 5/7/2032 (3-month EUR-EURIBOR + 1.245% on 5/7/2031) <sup>(a)</sup>  | 375 | 432 |
| National Bank of Greece SA 8.00% 1/3/2034 (5-year EUR-ICE Swap EURIBOR + 4.646% on <br> 1/3/2029) <sup>(a)</sup>  | 100 | 131 |
| New York Life Global Funding 3.625% 1/9/2030 <sup>(b)</sup>  | 500 | 600 |
| Novo Nordisk Finance (Netherlands) BV 3.375% 5/21/2034 | 100 | 117 |
| Orange 3.50% 5/19/2035 | 300 | 348 |
| Philip Morris International, Inc. 2.75% 6/6/2029 | 320 | 374 |
| Philip Morris International, Inc. 0.80% 8/1/2031 | 150 | 154 |
| Portugal Republic 3.00% 6/15/2035 | 560 | 650 |
| Prologis Euro Finance, LLC 4.00% 5/5/2034 | 200 | 240 |
| Severn Trent Utilities Finance PLC 3.875% 8/4/2035 | 200 | 235 |
| Spain (Kingdom of) 3.10% 7/30/2031 | 700 | 837 |
| Spain (Kingdom of) 3.20% 10/31/2035 | 250 | 292 |

---

---

| | |
|:---|:---|
| **53** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Euros (continued)** | **Euros (continued)** | **Euros (continued)** |
| Svenska Handelsbanken AB 5.00% 8/16/2034 (5-year EUR Mid-Swap + 1.90% on <br> 8/16/2029) <sup>(a)</sup>  | EUR<br> 210<br>| $261 |
| TotalEnergies SE 2.00% junior subordinated perpetual bonds (5-year EUR-EURIBOR + <br> 1.898% on 4/17/2027) <sup>(a)</sup>  | 520 | 604 |
| Toyota Finance Australia, Ltd. 2.676% 1/16/2029 | 625 | 731 |
| Treasury Corp. of Victoria 3.625% 9/29/2040 | 400 | 461 |
| United Mexican States 3.50% 9/19/2029 | 430 | 505 |
| Verallia SAS 3.875% 11/4/2032 | 300 | 344 |
|  |  | 43753 |
| **British pounds 9.19%** | **British pounds 9.19%** | **British pounds 9.19%** |
| United Kingdom 0.875% 10/22/2029 | GBP<br> 8,809<br>| 10675 |
| United Kingdom 4.50% 3/7/2035 | 250 | 338 |
| United Kingdom 0.625% 7/31/2035 | 2965 | 2811 |
|  |  | 13824 |
| **Chinese yuan renminbi 8.71%** | **Chinese yuan renminbi 8.71%** | **Chinese yuan renminbi 8.71%** |
| China (People's Republic of), Series INBK, 1.43% 1/25/2030 | CNY<br> 26,860<br>| 3824 |
| China (People's Republic of), Series INBK, 2.27% 5/25/2034 | 56420 | 8351 |
| China (People's Republic of), Series INBK, 1.92% 1/15/2055 | 1850 | 244 |
| China Development Bank, 1.54% 6/13/2030 | 4870 | 691 |
|  |  | 13110 |
| **Japanese yen 6.96%** | **Japanese yen 6.96%** | **Japanese yen 6.96%** |
| Japan, Series 181, 1.30% 9/20/2030 | JPY<br> 387,050<br>| 2444 |
| Japan, Series 380, 1.70% 9/20/2035 | 134750 | 835 |
| Japan, Series 21, 2.30% 12/20/2035 | 40000 | 261 |
| Japan, Series 194, 2.70% 9/20/2045 | 210000 | 1294 |
| Japan, Series 68, 0.60% 9/20/2050 | 443300 | 1553 |
| Japan, Series 84, 2.10% 9/20/2054 | 160000 | 784 |
| Japan, Series 88, 3.20% 9/20/2055 | 532850 | 3301 |
|  |  | 10472 |
| **Canadian dollars 5.95%** | **Canadian dollars 5.95%** | **Canadian dollars 5.95%** |
| Canada (Government) 4.00% 3/1/2029 | CAD<br> 2,100<br>| 1587 |
| Canada (Government) 2.75% 9/1/2030 | 7725 | 5577 |
| Canada (Government) 3.25% 6/1/2035 | 998 | 719 |
| CPPIB Capital, Inc. 4.00% 6/2/2035 | 500 | 369 |
| Ontario (Province of) 3.95% 12/2/2035 | 950 | 696 |
|  |  | 8948 |
| **Malaysian ringgits 4.41%** | **Malaysian ringgits 4.41%** | **Malaysian ringgits 4.41%** |
| Malaysia (Federation of), Series 0120, 3.422% 9/30/2027 | MYR<br> 3,090<br>| 767 |
| Malaysia (Federation of), Series 0219, 3.885% 8/15/2029 | 1880 | 474 |
| Malaysia (Federation of), Series 0125, 3.336% 5/15/2030 | 2700 | 668 |
| Malaysia (Federation of), Series 0419, 3.828% 7/5/2034 | 13090 | 3308 |
| Malaysia (Federation of), Series 0124, 4.054% 4/18/2039 | 2100 | 533 |
| Malaysia (Federation of), Series 0224, 4.18% 5/16/2044 | 3470 | 891 |
|  |  | 6641 |
| **Brazilian reais 4.22%** | **Brazilian reais 4.22%** | **Brazilian reais 4.22%** |
| Brazil (Federative Republic of) 0% 1/1/2026 | BRL<br> 2,938<br>| 536 |
| Brazil (Federative Republic of) 0% 4/1/2026 | 6452 | 1139 |
| Brazil (Federative Republic of) 0% 7/1/2026 | 2430 | 415 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **54** |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Brazilian reais (continued)** | **Brazilian reais (continued)** | **Brazilian reais (continued)** |
| Brazil (Federative Republic of) 0% 1/1/2029 | BRL<br> 17,035<br>| $2144 |
| Brazil (Federative Republic of) 10.00% 1/1/2031 | 12102 | 1941 |
| Brazil (Federative Republic of) 6.00% 8/15/2050 | 1062 | 169 |
|  |  | 6344 |
| **Australian dollars 3.77%** | **Australian dollars 3.77%** | **Australian dollars 3.77%** |
| Australia (Commonwealth of) 1.00% 12/21/2030 | AUD<br> 4,918<br>| 2803 |
| Australia (Commonwealth of) 4.25% 12/21/2035 | 849 | 545 |
| New South Wales Treasury Corp. 5.25% 2/24/2038 | 2143 | 1392 |
| Treasury Corp. of Victoria 5.50% 9/15/2039 | 1435 | 935 |
|  |  | 5675 |
| **South Korean won 3.62%** | **South Korean won 3.62%** | **South Korean won 3.62%** |
| South Korea (Republic of), Series 2712, 2.375% 12/10/2027 | KRW<br> 672,890<br>| 463 |
| South Korea (Republic of), Series 2903, 3.25% 3/10/2029 | 826800 | 577 |
| South Korea (Republic of), Series 3312, 4.125% 12/10/2033 | 6049940 | 4414 |
|  |  | 5454 |
| **Hungarian forints 2.37%** | **Hungarian forints 2.37%** | **Hungarian forints 2.37%** |
| Hungary (Republic of) 3.00% 8/21/2030 | HUF<br> 1,341,390<br>| 3562 |
| **New Zealand dollars 1.68%** | **New Zealand dollars 1.68%** | **New Zealand dollars 1.68%** |
| New Zealand 4.25% 5/15/2036 | NZD<br> 4,475<br>| 2523 |
| **Philippine pesos 1.49%** | **Philippine pesos 1.49%** | **Philippine pesos 1.49%** |
| International Bank for Reconstruction & Development 4.93% 11/3/2032 | PHP<br> 31,600<br>| 531 |
| Philippines (Republic of) 6.25% 2/28/2029 | 17900 | 310 |
| Philippines (Republic of) 6.75% 9/15/2032 | 62000 | 1103 |
| Philippines (Republic of) 6.375% 4/28/2035 | 17500 | 305 |
|  |  | 2249 |
| **Czech korunas 1.22%** | **Czech korunas 1.22%** | **Czech korunas 1.22%** |
| Czech Republic 5.75% 3/29/2029 | CZK<br> 35,750<br>| 1841 |
| **Chilean pesos 0.79%** | **Chilean pesos 0.79%** | **Chilean pesos 0.79%** |
| Chile (Republic of) 6.00% 4/1/2033 | CLP<br> 1,025,000<br>| 1187 |
| **Norwegian kroner 0.71%** | **Norwegian kroner 0.71%** | **Norwegian kroner 0.71%** |
| Norway (Kingdom of) 3.75% 6/12/2035 | NOK<br> 11,090<br>| 1067 |
| **Colombian pesos 0.51%** | **Colombian pesos 0.51%** | **Colombian pesos 0.51%** |
| Colombia (Republic of), Series B, 7.75% 9/18/2030 | COP<br> 2,050,100<br>| 446 |
| Colombia (Republic of), Series B, 7.25% 10/18/2034 | 1076100 | 203 |
| Colombia (Republic of), Series B, 11.75% 1/24/2035 | 459700 | 114 |
|  |  | 763 |
| **Mexican pesos 0.39%** | **Mexican pesos 0.39%** | **Mexican pesos 0.39%** |
| United Mexican States, Series M, 8.00% 2/21/2036 | MXN<br> 5,559<br>| 286 |
| United Mexican States, Series M, 8.00% 7/31/2053 | 6500 | 308 |
|  |  | 594 |
| **Turkish lira 0.14%** | **Turkish lira 0.14%** | **Turkish lira 0.14%** |
| Turkey (Republic of), Series 2Y, 36.00% 8/12/2026 | TRY<br> 8,900<br>| 209 |

---

---

| | |
|:---|:---|
| **55** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **U.S. dollars 12.47%** | **U.S. dollars 12.47%** | **U.S. dollars 12.47%** |
| ACHD Trust, Series 2025-DS1, Class A, 5.978% 1/9/2034 <sup>(c)(d)</sup>  | USD<br> 100<br>| $100 |
| Amgen, Inc. 5.65% 3/2/2053 | 75 | 74 |
| Ansley Park Capital, LLC, Series 2025-A, Class C, 4.82% 4/20/2035 <sup>(c)(d)</sup>  | 100 | 101 |
| Apollo Aviation Securitization Equity Trust, Series 2025-3A, Class A, 5.243% 2/16/2050 <sup>(c)(d)</sup>  | 299 | 300 |
| Arthur J. Gallagher & Co. 5.15% 2/15/2035 | 240 | 243 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2024-3, Class B, 5.58% 12/20/2030 <sup>(c)(d)</sup>  | 300 | 310 |
| Bank5, Series 2025-5YR18, Class AS, 5.466% 12/15/2058 <sup>(c)(e)</sup>  | 140 | 144 |
| BMO Mortgage Trust, Series 2024-5C8, Class AS, 5.94% 12/15/2057 <sup>(c)(e)</sup>  | 45 | 47 |
| Broadcom, Inc. 3.469% 4/15/2034 | 200 | 182 |
| Broadcom, Inc. 5.20% 7/15/2035 | 102 | 105 |
| BX Trust, Series 2021-SDMF, Class A, (1-month USD CME Term SOFR + 0.703%) 4.454% <br> 9/15/2034 <sup>(c)(d)(e)</sup>  | 93 | 93 |
| BX Trust, Series 2021-ACNT, Class A, (1-month USD CME Term SOFR + 0.964%) 4.715% <br> 11/15/2038 <sup>(c)(d)(e)</sup>  | 78 | 78 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(c)(d)</sup>  | 100 | 103 |
| BX Trust, Series 2025-VOLT, Class A, (1-month USD CME Term SOFR + 1.70%) 5.70% <br> 12/15/2044 <sup>(c)(d)(e)</sup>  | 271 | 272 |
| BX Trust, Series 2025-VOLT, Class D, (1-month USD CME Term SOFR + 2.75%) 6.75% <br> 12/15/2044 <sup>(c)(d)(e)</sup>  | 140 | 140 |
| CaixaBank SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029) <sup>(a)(d)</sup>  | 290 | 301 |
| CALI Mortgage Trust, Series 24-SUN, Class A, (1-month USD CME Term SOFR + 1.89%) <br> 5.641% 7/15/2041 <sup>(c)(d)(e)</sup>  | 100 | 100 |
| Canadian National Railway Co. 4.20% 3/12/2031 | 525 | 524 |
| Charter Communications Operating, LLC 2.80% 4/1/2031 | 300 | 270 |
| Charter Communications Operating, LLC 4.40% 4/1/2033 | 380 | 358 |
| Charter Communications Operating, LLC 6.70% 12/1/2055 | 355 | 341 |
| China Oil and Gas Group, Ltd. 4.70% 6/30/2026 | 220 | 217 |
| Colombia (Republic of) 3.00% 1/30/2030 | 200 | 180 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average <br> USD-SOFR + 1.10%) 4.974% 2/25/2044 <sup>(c)(d)(e)</sup>  | 38 | 38 |
| Coty, Inc. 5.60% 1/15/2031 <sup>(d)</sup>  | 480 | 485 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% 8/10/2042 <sup>(c)(d)(e)</sup>  | 100 | 102 |
| Edison International 6.25% 3/15/2030 | 25 | 26 |
| Edison International 5.25% 3/15/2032 | 150 | 150 |
| Enel Finance International NV 4.125% 9/30/2028 <sup>(d)</sup>  | 200 | 200 |
| Enterprise Products Operating, LLC 5.20% 1/15/2036 | 19 | 19 |
| Export-Import Bank of Thailand 5.354% 5/16/2029 | 250 | 259 |
| Fannie Mae Pool #MA5446 6.50% 8/1/2054 <sup>(c)</sup>  | 51 | 53 |
| Fannie Mae Pool #MA5472 6.50% 9/1/2054 <sup>(c)</sup>  | 151 | 157 |
| Fannie Mae Pool #DC2758 6.50% 4/1/2055 <sup>(c)</sup>  | 139 | 145 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(c)</sup>  | 32 | 33 |
| Fannie Mae Pool #MA5737 6.50% 6/1/2055 <sup>(c)</sup>  | 134 | 139 |
| Ford Motor Co. 3.25% 2/12/2032 | 150 | 132 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026 | 250 | 252 |
| Ford Motor Credit Co., LLC 5.875% 11/7/2029 | 490 | 503 |
| Freddie Mac Pool #RJ2702 6.00% 8/1/2054 <sup>(c)</sup>  | 135 | 139 |
| Freddie Mac Pool #QJ3931 6.50% 9/1/2054 <sup>(c)</sup>  | 168 | 174 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(c)</sup>  | 97 | 99 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(c)</sup>  | 27 | 28 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1B, <br> (30-day Average USD-SOFR + 3.70%) 7.574% 9/25/2042 <sup>(c)(d)(e)</sup>  | 100 | 104 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA1, Class A1, <br> (30-day Average USD-SOFR + 0.95%) 4.824% 1/25/2045 <sup>(c)(d)(e)</sup>  | 11 | 11 |
| GENM Capital Labuan, Ltd. 3.882% 4/19/2031 | 400 | 363 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class E, (1-month USD CME Term SOFR + 3.29%) <br> 7.04% 3/15/2042 <sup>(c)(d)(e)</sup>  | 100 | 98 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.467% 1/13/2040 <sup>(c)(d)(e)</sup>  | 109 | 113 |
| Hyundai Capital America 4.25% 9/18/2028 <sup>(d)</sup>  | 217 | 217 |
| Hyundai Capital America 5.40% 6/24/2031 <sup>(d)</sup>  | 340 | 352 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class D, 5.82% 9/15/2029 <sup>(c)(d)</sup>  | 100 | 100 |
| Intercontinental Exchange, Inc. 3.95% 12/1/2028 | 350 | 351 |
| Intercontinental Exchange, Inc. 4.20% 3/15/2031 | 115 | 115 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **56** |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **U.S. dollars (continued)** | **U.S. dollars (continued)** | **U.S. dollars (continued)** |
| Intesa Sanpaolo SpA 8.248% 11/21/2033 (1-year UST Yield Curve Rate T Note Constant <br> Maturity + 4.40% on 11/21/2032) <sup>(a)(d)</sup>  | USD<br> 200<br>| $236 |
| Kasikornbank PCL (Hong Kong Branch) 3.343% 10/2/2031 (5-year UST Yield Curve Rate T <br> Note Constant Maturity + 1.70% on 10/2/2026) <sup>(a)</sup>  | 600 | 593 |
| Korea Electric Power Corp. 4.75% 2/13/2028 <sup>(d)</sup>  | 200 | 203 |
| Korea Gas Corp. 5.00% 7/8/2029 <sup>(d)</sup>  | 200 | 207 |
| LG Energy Solution, Ltd. 5.25% 4/2/2028 <sup>(d)</sup>  | 200 | 204 |
| LYB International Finance III, LLC 5.125% 1/15/2031 | 37 | 37 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(d)</sup>  | 430 | 442 |
| Meta Platforms, Inc. 5.50% 11/15/2045 | 120 | 117 |
| MFRA Trust, Series 2025-NQM3, Class A1, 5.261% 8/25/2070 (6.261% on 7/1/2029) <sup>(a)(c)(d)</sup>  | 97 | 97 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(c)(d)</sup>  | 100 | 101 |
| MMP Capital, Series 2025-A, Class B, 5.72% 12/15/2031 <sup>(c)(d)</sup>  | 100 | 102 |
| Motherson Global Investments BV 5.625% 7/11/2029 <sup>(d)</sup>  | 200 | 204 |
| MTN (Mauritius) Investments, Ltd. 6.50% 10/13/2026 | 400 | 405 |
| NextEra Energy Capital Holdings, Inc. 4.685% 9/1/2027 | 50 | 51 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class A, 4.669% 11/5/2038 <sup>(c)(d)(e)</sup>  | 153 | 153 |
| Onslow Bay Financial, LLC, Series 2025-NQM3, Class A1, 5.648% 12/1/2064 (6.648% on <br> 2/1/2029) <sup>(a)(c)(d)</sup>  | 83 | 83 |
| Onslow Bay Financial, LLC, Series 2025-NQM19, Class A1, 4.869% 10/25/2065 <sup>(c)(d)(e)</sup>  | 301 | 302 |
| Oracle Corp. 4.45% 9/26/2030 | 250 | 245 |
| Oracle Corp. 6.00% 8/3/2055 | 355 | 313 |
| OWN Equipment Fund III, Series 2025-2M, Class C, 8.77% 3/27/2034 <sup>(c)(d)</sup>  | 500 | 502 |
| Pacific Gas and Electric Co. 5.00% 6/4/2028 | 100 | 102 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028 | 150 | 151 |
| Pacific Gas and Electric Co. 6.00% 8/15/2035 | 50 | 53 |
| PacifiCorp 5.30% 2/15/2031 | 715 | 737 |
| Petroleos Mexicanos 6.70% 2/16/2032 | 540 | 539 |
| Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053 | 70 | 66 |
| Roper Technologies, Inc. 4.45% 9/15/2030 | 490 | 492 |
| San Miguel Global Power Holdings Corp. 8.75% perpetual bonds (5-year UST Yield Curve <br> Rate T Note Constant Maturity + 7.732% on 9/12/2029) <sup>(a)</sup>  | 200 | 206 |
| Sands China, Ltd. 5.40% 8/8/2028 | 200 | 204 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 <sup>(c)(d)</sup>  | 100 | 102 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(c)(d)</sup>  | 3 | 3 |
| Southern California Edison Co. 5.45% 3/1/2035 | 120 | 122 |
| Southern California Edison Co. 5.90% 3/1/2055 | 100 | 97 |
| Stillwater Mining Co. 4.00% 11/16/2026 <sup>(b)</sup>  | 200 | 199 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class D, (1-month USD CME Term <br> SOFR + 2.591%) 6.391% 2/15/2042 <sup>(c)(d)(e)</sup>  | 100 | 99 |
| Synopsys, Inc. 5.15% 4/1/2035 | 290 | 295 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026 | 159 | 158 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(c)(d)</sup>  | 161 | 162 |
| U.S. Treasury 4.00% 11/15/2035 <sup>(f)</sup>  | 115 | 113 |
| Uniform Mortgage-Backed Security 6.50% 1/1/2056 <sup>(c)</sup>  | 63 | 66 |
| United Mexican States 5.375% 3/22/2033 | 400 | 398 |
| UnitedHealth Group, Inc. 5.15% 7/15/2034 | 102 | 105 |
| Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 <sup>(c)(d)(e)</sup>  | 84 | 84 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(c)(d)</sup>  | 68 | 68 |
|  |  | 18758 |
| **Total bonds, notes & other debt instruments** (cost: $145,030,000) | **Total bonds, notes & other debt instruments** (cost: $145,030,000) | 146974 |

---

---

| | |
|:---|:---|
| **57** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

---

| | | |
|:---|:---|:---|
| Short-term securities 0.83% | Shares | Value<br> (000)<br>|
| **Money market investments 0.83%** | **Money market investments 0.83%** | **Money market investments 0.83%** |
| Capital Group Central Cash Fund 3.79% <sup>(g)(h)</sup>  | 12413 | $1241 |
| **Total short-term securities** (cost: $1,241,000) |  | 1241 |
| **Total investment securities 98.51%** (cost: $146,271,000) |  | 148215 |
| Other assets less liabilities 1.49% |  | 2248 |
| **Net Assets** 100.00% |  | $150463 |

---

**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 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 3 Month SONIA Index Futures | Long | 40 | 3/17/2026 | USD12,975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $12 |
| 2 Year Euro-Schatz Futures | Long | 150 | 3/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)<br>|
| 3 Year Australian Treasury Bond Futures | Long | 107 | 3/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 |
| 5 Year Canadian Government Bond Futures | Long | 28 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20)<br>|
| 5 Year Euro-Bobl Futures | Long | 93 | 3/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59)<br>|
| 5 Year U.S. Treasury Note Futures | Short | 29 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3170)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8 |
| 10 Year Australian Treasury Bond Futures | Long | 12 | 3/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4 |
| 10 Year Euro-Bund Futures | Short | 70 | 3/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10494)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64 |
| 10 Year French Government Bond Futures | Long | 3 | 3/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| 10 Year Italy Government Bond Futures | Long | 1 | 3/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| 10 Year Japanese Government Bond Futures | Long | 5 | 3/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30)<br>|
| 10 Year UK Gilt Futures | Long | 3 | 3/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 |
| 10 Year U.S. Treasury Note Futures | Short | 2 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (225)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 74 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8511)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16 |
| 30 Year Euro-Buxl Futures | Long | 9 | 3/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16)<br>|
| 30 Year Ultra U.S. Treasury Bond Futures | Long | 3 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(17)<br>|

---

**Forward currency contracts**

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency purchased <br>(000) | Currency purchased <br>(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| TRY | 82 | USD | 3575 | BNP Paribas | 1/7/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1 |
| USD | 207 | HUF | 67900 | JPMorgan Chase Bank | 1/7/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 935 | HUF | 309000 | UBS AG | 1/7/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10)<br>|
| USD | 149 | MYR | 610 | JPMorgan Chase Bank | 1/8/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 345 | MYR | 1420 | BNP Paribas | 1/8/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>|
| USD | 2722 | MYR | 11124 | HSBC Bank | 1/8/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21)<br>|
| USD | 2674 | MYR | 11030 | JPMorgan Chase Bank | 1/8/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (45)<br>|
| USD | 615 | MXN | 11091 | Morgan Stanley | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 386 | CAD | 530 | Bank of New York | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| CAD | 165 | USD | 226 | JPMorgan Chase Bank | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 126 | GBP | 95 | Morgan Stanley | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| USD | 344 | CZK | 7150 | Goldman Sachs | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>|
| USD | 408 | CAD | 565 | Goldman Sachs | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>|
| USD | 247 | KRW | 364000 | Morgan Stanley | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>|
| USD | 286 | KRW | 420083 | Barclays Bank PLC | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>|
| USD | 4318 | CAD | 5935 | Standard Chartered Bank | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)<br>|
| USD | 1548 | CZK | 32050 | JPMorgan Chase Bank | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11)<br>|

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **58** |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

**Forward currency contracts** (continued)

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp; Settlement<br> date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 12/31/2025<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency purchased<br> (000) | Currency purchased<br> (000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp; Settlement<br> date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 12/31/2025<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| USD | 818 | COP | 3159500 | BNP Paribas | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(17)<br>|
| USD | 503 | BRL | 2920 | Standard Chartered Bank | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30)<br>|
| USD | 4027 | CAD | 5604 | JPMorgan Chase Bank | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (58)<br>|
| USD | 5111 | GBP | 3840 | UBS AG | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (66)<br>|
| USD | 4781 | KRW | 7001316 | Citibank | 1/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (74)<br>|
| USD | 2409 | NZD | 4150 | HSBC Bank | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19 |
| USD | 147 | NZD | 255 | Morgan Stanley | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| USD | 374 | AUD | 563 | JPMorgan Chase Bank | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 179 | AUD | 270 | Barclays Bank PLC | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 1089 | NOK | 11040 | HSBC Bank | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)<br>|
| USD | 825 | HUF | 273500 | Citibank | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11)<br>|
| USD | 1604 | HUF | 530354 | BNP Paribas | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17)<br>|
| USD | 5182 | AUD | 7831 | Morgan Stanley | 1/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44)<br>|
| USD | 10424 | JPY | 1616342 | Citibank | 1/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96 |
| USD | 364 | JPY | 56710 | Goldman Sachs | 1/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| JPY | 329 | USD | 51528 | JPMorgan Chase Bank | 1/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 192 | JPY | 30187 | Goldman Sachs | 1/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 421 | CNH | 2950 | HSBC Bank | 1/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| USD | 739 | CNH | 5190 | Goldman Sachs | 1/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)<br>|
| USD | 12035 | CNH | 84582 | Goldman Sachs | 1/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97)<br>|
| USD | 175 | GBP | 130 | Goldman Sachs | 1/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 150 | GBP | 112 | Standard Chartered Bank | 1/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 524 | GBP | 390 | BNP Paribas | 1/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| USD | 2124 | GBP | 1588 | Bank of New York | 1/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17)<br>|
| USD | 5580 | GBP | 4159 | Morgan Stanley | 1/22/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26)<br>|
| USD | 4359 | BRL | 23718 | Citibank | 1/23/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51 |
| USD | 2212 | PHP | 130625 | Citibank | 1/23/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| USD | 24016 | EUR | 20391 | HSBC Bank | 1/26/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29 |
| USD | 1615 | EUR | 1370 | Standard Chartered Bank | 1/26/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4 |
| USD | 271 | EUR | 230 | JPMorgan Chase Bank | 1/26/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 18196 | EUR | 15463 | Morgan Stanley | 1/30/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 |
| USD | 419 | EUR | 357 | Morgan Stanley | 1/30/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| USD | 1190 | CLP | 1095200 | Morgan Stanley | 3/18/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (28)<br>|
| USD | 625 | BRL | 3440 | Citibank | 4/8/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12 |
| USD | 536 | BRL | 2990 | Citibank | 4/8/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3 |
| USD | 421 | BRL | 2400 | Morgan Stanley | 7/9/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(407)<br>|

---

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | Expiration <br>date | Notional <br>amount <br>(000) | Value at <br>12/31/2025 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 12/31/2025 <br>(000) |
| Rate | &nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp; Payment <br>frequency<br>| Expiration <br>date | Notional <br>amount <br>(000) | Value at <br>12/31/2025 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 12/31/2025 <br>(000) |
| 6-month EURIBOR | Semi-annual | 2.2032% | Annual | &nbsp;&nbsp; 2/10/2027 | EUR1,250 | &nbsp;&nbsp; $— <br><sup>(i)</sup><br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— <br><sup>(i)</sup><br>|
| 6-month EURIBOR | Semi-annual | 2.2007% | Annual | &nbsp;&nbsp; 2/10/2027 | &nbsp;&nbsp; 1250 | &nbsp;&nbsp; — <br><sup>(i)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| 4.1378% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 2/10/2027 | NOK14,760 | &nbsp;&nbsp; (2)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (2)<br>|
| 4.135% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 2/10/2027 | &nbsp;&nbsp; 14740 | &nbsp;&nbsp; (2)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (2)<br>|
| 3-month SEK STIBOR | Quarterly | 2.3132% | Annual | &nbsp;&nbsp; 5/1/2030 | SEK22,000 | &nbsp;&nbsp; 17 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17 |
| 3.7898% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 9/10/2030 | NOK9,350 | &nbsp;&nbsp; (12)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (12)<br>|
| 3-month SEK STIBOR | Quarterly | 2.3327% | Annual | &nbsp;&nbsp; 10/7/2030 | SEK13,000 | &nbsp;&nbsp; 13 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13 |

---

---

| | |
|:---|:---|
| **59** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

**Swap contracts** (continued)

------

**Interest rate swaps** (continued)

**Centrally cleared interest rate swaps** (continued)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | Expiration<br> date | Notional<br> amount<br> (000) | Value at<br> 12/31/2025<br> (000) | Upfront<br> premium<br> paid<br> (received)<br> (000) | Unrealized<br> appreciation<br> (depreciation)<br> at 12/31/2025<br> (000) |
| Rate | &nbsp;&nbsp; Payment<br> frequency<br>| Rate | &nbsp;&nbsp; Payment<br> frequency<br>| Expiration<br> date | Notional<br> amount<br> (000) | Value at<br> 12/31/2025<br> (000) | Upfront<br> premium<br> paid<br> (received)<br> (000) | Unrealized<br> appreciation<br> (depreciation)<br> at 12/31/2025<br> (000) |
| 3-month SEK STIBOR | Quarterly | 2.3592% | Annual | &nbsp;&nbsp; 10/9/2030 | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; $3 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $3 |
| 4.0258% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 11/11/2030 | NOK37,644 | &nbsp;&nbsp; (12)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (12)<br>|
| 4.0988% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 11/12/2030 | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; — <br><sup>(i)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| 4.0588% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 12/9/2030 | &nbsp;&nbsp; 3056 | &nbsp;&nbsp; — <br><sup>(i)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| SOFR | Annual | 3.313% | Annual | &nbsp;&nbsp; 9/10/2032 | USD970 | &nbsp;&nbsp; 15 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15 |
| 3-month SEK STIBOR | Quarterly | 2.9592% | Annual | &nbsp;&nbsp; 12/9/2035 | SEK7,388 | &nbsp;&nbsp; (2)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (2)<br>|
| 3-month SEK STIBOR | Quarterly | 2.9747% | Annual | &nbsp;&nbsp; 12/19/2035 | &nbsp;&nbsp; 9430 | &nbsp;&nbsp; (4)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (4)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp; $14 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $14 |

---

**Bilateral interest rate swaps** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | Counterparty | &nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp; Notional <br>amount <br>(000) | &nbsp;&nbsp; Value at <br>12/31/2025 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 12/31/2025 <br>(000) |
| Rate | &nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp; Payment <br>frequency<br>| Counterparty | &nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp; Notional <br>amount <br>(000) | &nbsp;&nbsp; Value at <br>12/31/2025 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 12/31/2025 <br>(000) |
| 14.89% | At maturity | BZDIOVER | At maturity | Goldman Sachs | &nbsp;&nbsp; 1/4/2027 | &nbsp;&nbsp; BRL4,880 | &nbsp;&nbsp; $13 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $13 |
| 11.91% | At maturity | BZDIOVER | At maturity | Barclays Bank PLC | &nbsp;&nbsp; 1/4/2027 | &nbsp;&nbsp; 6400 | &nbsp;&nbsp; (48)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (48)<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp; $(35)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(35)<br>|

---

**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>12/31/2025 <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 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| CDX.NA.HY.S45 | 5.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | &nbsp;&nbsp;&nbsp;&nbsp; USD<br> 375<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(29)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(29)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— <br><sup>(i)</sup><br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Financing <br>rate received<br>| &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp; Reference <br>index<br>| &nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <sup>(j)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp; Value at <br>12/31/2025<sup>(k)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 1.00% | Quarterly | iTraxx Europe S44 | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | EUR7,240 | &nbsp;&nbsp;&nbsp;&nbsp; $197 | &nbsp;&nbsp;&nbsp;&nbsp; $183 | &nbsp;&nbsp;&nbsp;&nbsp; $14 |
| 5.00% | Quarterly | iTraxx Europe Crossover S44 | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | EUR950 | &nbsp;&nbsp;&nbsp;&nbsp; 123 | &nbsp;&nbsp;&nbsp;&nbsp; 115 | &nbsp;&nbsp;&nbsp;&nbsp; 8 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $320 | &nbsp;&nbsp;&nbsp;&nbsp; $298 | &nbsp;&nbsp;&nbsp;&nbsp; $22 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **60** |

---

------

Capital Group International Bond ETF (USD-Hedged) (continued)

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>1/1/2025 <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>12/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 0.83%** | **Short-term securities 0.83%** | **Short-term securities 0.83%** | **Short-term securities 0.83%** | **Short-term securities 0.83%** | **Short-term securities 0.83%** | **Short-term securities 0.83%** | **Short-term securities 0.83%** |
| **Money market investments 0.83%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 3.79% <sup>(g)</sup> | $3781 | &nbsp;&nbsp; $54331 | &nbsp;&nbsp; $56870 | &nbsp;&nbsp; $(1)<br>| &nbsp;&nbsp; $— <br><sup>(i)</sup><br>| &nbsp;&nbsp; $1241 | &nbsp;&nbsp; $105 |

---

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| New York Life Global Funding 3.625% 1/9/2030  | 9/9/2024- 11/11/2025 | $598 | $600 | 0.40<br> %<br>|
| Stillwater Mining Co. 4.00% 11/16/2026  | 6/25/2024 | 194 | 199 | 0.13 |
| McDonald's Corp. 0.25% 10/4/2028  | 6/25/2024 | 99 | 110 | 0.08 |
|  |  | $891 | $909 | 0.61<br> %<br>|

---

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

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

<sup>(d)</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 $7,072,000, which represented 4.70% of the net assets of the fund. 

<sup>(e)</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>(f)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $113,000, which represented 0.08% of the net assets of the fund. 

<sup>(g)</sup> Rate represents the seven-day yield at 12/31/2025.

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

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

<sup>(j)</sup> The maximum potential amount the fund may pay as a protection seller should a credit event occur.

<sup>(k)</sup> The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. 

---

| |
|:---|
| **Key to abbreviation(s)** |
| AUD = Australian dollars |
| BRL = Brazilian reais |
| BZDIOVER = Overnight Brazilian Interbank Deposit Rate |
| CAD = Canadian dollars |
| CLP = Chilean pesos |
| CME = CME Group |
| CNH = Chinese yuan renminbi |
| CNY = Chinese yuan |
| COP = Colombian pesos |
| CZK = Czech korunas |
| DAC = Designated Activity Company |
| EUR = Euros |
| EURIBOR = Euro Interbank Offered Rate |
| GBP = British pounds |
| HUF = Hungarian forints |
| ICE = Intercontinental Exchange, Inc. |

---

---

| |
|:---|
| JPY = Japanese yen |
| KRW = South Korean won |
| MXN = Mexican pesos |
| MYR = Malaysian ringgits |
| NIBOR = Norwegian Interbank Offered Rate |
| NOK = Norwegian kroner |
| NZD = New Zealand dollars |
| PHP = Philippine pesos |
| SEK = Swedish kronor |
| SOFR = Secured Overnight Financing Rate |
| SONIA = Sterling Overnight Interbank Average Rate |
| STIBOR = Stockholm Interbank Offered Rate |
| TRY = Turkish lira |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **61** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 92.95% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alabama 5.67%** | **Alabama 5.67%** | **Alabama 5.67%** |
| Auburn University, General Fee Rev. Bonds, Series 2025-A, 5.00% 6/1/2044  | USD<br> 1,250<br>| $1347 |
| County of Baldwin, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Novelis Corp. Project), Series 2025-B, AMT, <br> 4.625% 6/1/2055 (put 6/1/2032) <sup>(a)</sup>  | 3110 | 3125 |
| County of Baldwin, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Novelis Corp. Project), Series 2025-A, AMT, <br> 5.00% 6/1/2055 (put 6/1/2032) <sup>(a)</sup>  | 5365 | 5473 |
| City of Birmingham, Water Works Board, Rev. Anticipation Bonds, Series 2024, 3.75% 9/1/2026 <sup>(a)</sup>  | 2035 | 2035 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-B, 5.00% 10/1/2035  | 16905 | 17426 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-G, 5.00% 10/1/2035  | 21725 | 23022 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2023-C, 5.50% 10/1/2054 (put 6/1/2032)  | 1000 | 1100 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-C, 5.00% 5/1/2055 (put 7/1/2031)  | 7065 | 7578 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-B, 5.00% 10/1/2055 (put 9/1/2032)  | 10940 | 11771 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-E, 5.00% 12/1/2055 (put 5/1/2035)  | 29085 | 31127 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (BP P.L.C), Series 2024-D, 5.00% 3/1/2055 (put 11/1/2034)  | 7345 | 7858 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 7), Series 2021-C-1, 4.00% 10/1/2052 (put 12/1/2026)  | 1000 | 1004 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 8), Series 2022-A, 4.00% 12/1/2052 (put 12/1/2029)  | 4750 | 4863 |
| Black Belt Energy Gas Dist., Gas Project Rev. Ref. Bonds, Series 2025-D, 5.00% 12/1/2055 (put 8/1/2035)  | 7345 | 7890 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 6/1/2051 (put 12/1/2031)  | 7500 | 7676 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2022-F, 5.50% 11/1/2053 (put 12/1/2028)  | 750 | 787 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2023-B, 5.25% 12/1/2053 (put 12/1/2026)  | 12285 | 13238 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2025-B, 5.00% 9/1/2033  | 5515 | 5720 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2025-A, 5.00% 11/1/2035  | 6625 | 7025 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2023-A-1, 5.50% 11/1/2053 (put 1/1/2031)  | 2010 | 2197 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2024-B, 5.25% 7/1/2054 (put 6/1/2032)  | 10655 | 11600 |
| City of Homewood, Educational Building Auth., Rev. Bonds (CHF - Horizons II, LLC, Student Housing & Parking Project <br> at Samford University), Series 2024-C, 5.50% 10/1/2049  | 2500 | 2534 |
| Housing Fin. Auth., Collateralized Single Family Mortgage Rev. Bonds, Series 2024-C, 5.75% 4/1/2055  | 4150 | 4522 |
| Housing Fin. Auth., Multi Family Housing Rev. Bonds (Cooper Green Homes Project), Series 2024-C, 5.00% 2/1/2029 <br> (put 2/1/2028)  | 260 | 270 |
| Housing Fin. Auth., Multi Family Housing Rev. Bonds (Fred Marshall Project), Series 2025-F, 3.15% 12/1/2028 (put <br> 6/1/2028)  | 265 | 265 |
| Housing Fin. Auth., Multi Family Housing Rev. Bonds (Providence Park Apartments Project), Series 2025-E, 3.15% <br> 7/1/2029 (put 7/1/2028)  | 430 | 431 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.00% 10/1/2035  | 3010 | 3357 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.00% 10/1/2039  | 6445 | 7005 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2041  | 1925 | 2096 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2044  | 655 | 695 |
| Lower Alabama Gas Dist., Gas Project Rev. Ref. Bonds, Series 2025-A, 5.00% 12/1/2033 (put 9/1/2033)  | 7455 | 7885 |
| County of Mobile Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (AM/NS Calvert, LLC Project), Series 2024-A, <br> AMT, 5.00% 6/1/2054  | 770 | 736 |
| County of Mobile Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (AM/NS Calvert, LLC Project), Series 2024-B, <br> AMT, 4.75% 12/1/2054  | 325 | 299 |
| City of Phenix, Industrial Dev. Board, Environmental Improvement Rev. Ref. Bonds (MeadWestvaco-Mead Coated <br> Board Project), Series 2012-A, AMT, 4.125% 5/15/2035  | 3000 | 2965 |
| City of Prattville, Industrial Dev. Board, Pollution Control Rev. Ref. Bonds (Union Camp Corp. Project), Series 1998, <br> 5.30% 9/1/2028  | 1250 | 1311 |
| City of Prattville, Industrial Dev. Board, Recovery Zone Fac. Rev. Ref. Bonds (International Paper Co. Project), Series <br> 2019-C, 3.45% 11/1/2033 (put 10/1/2031)  | 1500 | 1506 |
| Public Educational Building Auth. of Jacksonville, Higher Educational Facs. Rev. Bonds (JSU Foundation Project), Series <br> 2024-A, BAM, 5.00% 8/1/2036  | 1000 | 1119 |
| City of Selma, Industrial Dev. Board, Gulf Opportunity Zone Rev. Ref. Bonds (International Paper Co. Project), Series <br> 2020-A, 4.20% 5/1/2034  | 2305 | 2395 |
| South East Gas Supply Dist., Gas Supply Rev. Ref. Bonds (Project No. 2), Series 2024-B, 5.00% 6/1/2049 (put 5/1/2032)  | 10090 | 10832 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 2), Series 2021-B-1, 4.00% 12/1/2051 (put <br> 12/1/2031)  | 2500 | 2527 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-D, 5.00% 9/1/2035  | 6000 | 6514 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-B, 5.25% 3/1/2055 (put 1/1/2033)  | 7880 | 8319 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2024-C, 5.00% 11/1/2055 (put <br> 11/1/2032)  | 16375 | 17701 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-A, 5.00% 1/1/2056 (put 6/1/2035)  | 6335 | 6605 |
| Southeast Energy Auth., Cooperative Dist., Gas Supply Rev. Bonds, Series 2025-F, 5.25% 11/1/2055 (put 11/1/2035)  | 5000 | 5502 |
| Stadium Trace Village Improvement Dist., Dev. Incentive Anticipation Bonds, Series 2021, 3.625% 3/1/2036  | 1045 | 961 |
|  |  | 272214 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **62** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alaska 0.21%** | **Alaska 0.21%** | **Alaska 0.21%** |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds, Series 2015, AMT, 5.00% 1/1/2034  | USD<br> 1,400<br>| $1401 |
| International Airport System, Rev. Ref. Bonds, Series 2021-C, AMT, 5.00% 10/1/2026  | 1455 | 1478 |
| International Airport System, Rev. Ref. Bonds, Series 2025-A, 5.00% 10/1/2034  | 1510 | 1732 |
| City of Valdez, Marine Terminal Rev. Ref. Bonds (Exxon Pipeline Co. Project), Series 1993-B, 2.50% 12/1/2033 <sup>(b)</sup>  | 5500 | 5500 |
|  |  | 10111 |
| **Arizona 1.03%** | **Arizona 1.03%** | **Arizona 1.03%** |
| Agricultural Improvement and Power Dist., Electric System Rev. Bonds (Salt River Project), Series 2025-C, 5.00% <br> 1/1/2046  | 3000 | 3225 |
| City of Glendale, Senior Excise Tax Rev. and Ref. Ref. Obligations, Series 2024, 5.00% 7/1/2038  | 1250 | 1421 |
| Industrial Dev. Auth., Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2023-A, 5.00% 11/1/2028  | 950 | 993 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2021-A, 4.00% <br> 11/1/2040  | 815 | 781 |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Macombs Fac. Project), Series <br> 2021-A, 4.00% 7/1/2036  | 310 | 302 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 4.00% 7/1/2029 <sup>(a)</sup>  | 140 | 139 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-A, 5.00% 7/1/2048  | 750 | 738 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2025-A, 4.875% 7/1/2060 <br> (put 7/1/2035) <sup>(a)</sup>  | 340 | 339 |
| Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Northern Nevada Project), Series 2022-A, 4.50% <br> 7/15/2029 <sup>(a)</sup>  | 1500 | 1460 |
| Industrial Dev. Auth., Education Rev. Bonds (Somerset Academy of Las Vegas - Aliante and Skye Canyon Campus <br> Projects), Series 2021-A, 3.00% 12/15/2031 <sup>(a)</sup>  | 185 | 175 |
| Industrial Dev. Auth., Education Rev. Ref. Bonds (Doral Academy of Northern Nevada Project), Series 2021-A, 4.00% <br> 7/15/2029 <sup>(a)</sup>  | 200 | 201 |
| Industrial Dev. Auth., Education Rev. Ref. Bonds (Doral Academy of Northern Nevada Project), Series 2021-A, 4.00% <br> 7/15/2030 <sup>(a)</sup>  | 200 | 201 |
| Industrial Dev. Auth., Hospital Rev. Bonds (Phoenix Children's Hospital), Series 2020-A, 3.00% 2/1/2045  | 1000 | 788 |
| Industrial Dev. Auth., Multi Family Housing Bonds (The Ranches at Gunsmoke Project), Series 2024, 5.00% 3/1/2058 <br> (put 11/1/2026)  | 2190 | 2226 |
| Industrial Dev. Auth., Multi Family Housing Rev. Bonds (The Acacia At Youngtown Phase II Project), Series 2024, 5.00% <br> 11/1/2058 (put 7/1/2027)  | 3885 | 3962 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-B, <br> 3.50% 7/1/2044 <sup>(a)(c)</sup>  | 1000 | 790 |
| County of Maricopa, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Honor Health), Series 2024-D, 5.00% 12/1/2041  | 1000 | 1068 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Banner Health), Series 2016-A, 5.00% 1/1/2038  | 1750 | 1779 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Verrado Marketplace Project), Series 2025, 4.375% 5/1/2033 <sup>(a)</sup>  | 1000 | 984 |
| County of Maricopa, Pollution Control Rev. Ref. Bonds (El Paso Electric Co. Palo Verde Project), Series 2009-A, 3.60% <br> 2/1/2040  | 750 | 703 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Palo Verde Project), Series 2009-B, 3.60% <br> 4/1/2040  | 2140 | 2006 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series <br> 2000-A, 2.40% 6/1/2035  | 4525 | 3871 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series <br> 2000-B, 2.40% 6/1/2035  | 5845 | 5000 |
| City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2026  | 3500 | 3536 |
| Phoenix Union High School Dist. No. 210, Improvement Bonds (Project of 2023), Series 2025-B, 5.00% 7/1/2029  | 1400 | 1521 |
| City of Phoenix Civic Improvement Corp., Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 7/1/2028  | 1035 | 1048 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2024, 5.00% 6/15/2034 <sup>(a)</sup>  | 2310 | 2372 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2024, 5.00% 6/15/2044 <sup>(a)</sup>  | 1500 | 1425 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2024, 5.00% 6/15/2054 <sup>(a)</sup>  | 1000 | 899 |
| Board of Regents of the Arizona State University System, Rev. Bonds, Series 2024-A, 5.00% 8/1/2042  | 1000 | 1077 |
| Board of Regents of the Arizona State University System, Rev. Green Bonds, Series 2019-A, 5.00% 7/1/2038  | 1200 | 1270 |
| Transportation Board, Highway Rev. and Rev. Ref. Bonds, Series 2023, 5.00% 7/1/2026  | 1000 | 1013 |
| Board of Regents of the University of Arizona, System Rev. and Rev. Ref. Bonds, Series 2021-A, 5.00% 6/1/2043  | 1000 | 1046 |
| Board of Regents of the University of Arizona, System Rev. Bonds, Series 2019-A, 5.00% 6/1/2042  | 1000 | 1034 |
|  |  | 49393 |

---

---

| | |
|:---|:---|
| **63** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Arkansas 0.41%** | **Arkansas 0.41%** | **Arkansas 0.41%** |
| Dev. Fin. Auth., Industrial Dev. Rev. Bonds (Big River Steel Project), Series 2019, AMT, 4.50% 9/1/2049 <sup>(a)</sup>  | USD<br> 7,695<br>| $7482 |
| Dev. Fin. Auth., Industrial Dev. Rev. Green Bonds (Big River Steel Project), Series 2020, AMT, 4.75% 9/1/2049 <sup>(a)</sup>  | 770 | 754 |
| Dev. Fin. Auth., Resource Recovery Rev. Bonds (Weyerhaeuser Co. Project), Series 2025, AMT, 3.875% 10/15/2067 (put <br> 10/15/2032)  | 2460 | 2464 |
| Dev. Fin. Auth., Single Family Mortgage Rev. Bonds (Mortgage-Backed Securities/Mortgage Loans Program), Series <br> 2025-B, AMT, 5.50% 1/1/2056  | 8250 | 8967 |
|  |  | 19667 |
| **California 8.78%** | **California 8.78%** | **California 8.78%** |
| Trustees of the California State University, Systemwide Rev. Bonds, Series 2025-A, 5.00% 11/1/2045  | 3500 | 3823 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-G, 5.00% 12/1/2035  | 16950 | 18614 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1, 4.00% 2/1/2052 (put <br> 8/1/2031)  | 4000 | 4059 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-E-1, 5.00% 2/1/2054 (put <br> 3/1/2031)  | 850 | 905 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-A, 5.00% 5/1/2054 (put <br> 4/1/2032)  | 3500 | 3753 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-F, 5.50% 10/1/2054 (put <br> 11/1/2030)  | 640 | 699 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-G, 5.25% 11/1/2054 (put <br> 4/1/2030)  | 1000 | 1063 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-B, 5.00% 1/1/2055 (put <br> 12/1/2032)  | 2900 | 3024 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-E, 5.00% 2/1/2055 (put <br> 9/1/2032)  | 3815 | 4095 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-F, 5.00% 2/1/2055 (put <br> 11/1/2032)  | 4730 | 5117 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-C, 5.00% 8/1/2055 (put <br> 10/1/2032)  | 6765 | 7171 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-G, 5.00% 11/1/2055 (put <br> 8/1/2032)  | 6250 | 6507 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-C, 5.00% 12/1/2055 (put <br> 10/1/2033)  | 9420 | 10005 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-A, 5.00% 1/1/2056 (put <br> 5/1/2035)  | 1650 | 1740 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-B, 5.00% 3/1/2056 (put <br> 11/1/2035)  | 7115 | 7750 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-E, 5.00% 10/1/2056 (put <br> 5/1/2035)  | 9885 | 10787 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Acacia on Santa Rosa Creek), Series <br> 2021-B, 4.00% 10/1/2046 <sup>(a)</sup>  | 1000 | 807 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Millennium South Bay - Hawthorne), <br> Series 2021-A-1, 3.375% 7/1/2043 <sup>(a)</sup>  | 450 | 370 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Parallel-Anaheim), Series 2021-A, 4.00% <br> 8/1/2056 <sup>(a)</sup>  | 2640 | 2363 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-A-1, <br> 2.65% 12/1/2046 <sup>(a)</sup>  | 975 | 817 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Union South Bay), Series 2021-A-1, <br> 3.10% 7/1/2045 <sup>(a)</sup>  | 500 | 426 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Westgate Phase 1 - Pasadena), Series <br> 2021-A-1, 3.00% 6/1/2047 <sup>(a)</sup>  | 600 | 421 |
| Davis Joint Unified School Dist., GO Bonds, 2018 Election, Series 2020, BAM, 3.00% 8/1/2034  | 750 | 748 |
| East County Advanced Water Purification JT Powers Auth. Green Bonds, Series 2024-A-1, 3.125% 9/1/2026  | 5000 | 5010 |
| Educational Facs. Auth., Rev. Bonds (Saint Mary's College of California), Series 2023-A, 5.00% 10/1/2038  | 525 | 535 |
| Escondido Union High School Dist., GO Bonds, CAB, 2008 Election, Series 2009-A, AGI, 0% 8/1/2028  | 500 | 467 |
| City of Fairfield, Community Facs. Dist. No. 2023-1 (One Lake Planning Area 5), Improvement Area No. 1, Special Tax <br> Bonds, Series 2024-A, 5.00% 9/1/2039  | 3885 | 4143 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2029  | 500 | 531 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2031  | 495 | 536 |
| Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.125% 1/15/2028  | 3000 | 3225 |
| Fremont Unified School Dist., GO Bonds, 2014 Election, Series 2021-D, 3.00% 8/1/2033  | 1600 | 1605 |
| Glendale Community College Dist., GO Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2041  | 2150 | 1122 |

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **64** |

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Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| Glendale Community College Dist., GO Rev. Ref. Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2032  | USD<br> 500<br>| $407 |
| Glendale Community College Dist., GO Rev. Ref. Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2036  | 1000 | 686 |
| GO Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2028  | 5110 | 5501 |
| GO Rev. Ref. Bonds, Series 2019, 3.00% 10/1/2037  | 1440 | 1381 |
| Grossmont Union High School Dist., GO Bonds, CAB, 2004 Election, Series 2008, 0% 8/1/2032  | 4000 | 3302 |
| Health Facs. Fncg. Auth., Rev. Bonds (Cedars-Sinai Medical Center), Series 2021-A, 3.00% 8/15/2051  | 500 | 362 |
| Health Facs. Fncg. Auth., Rev. Bonds (Children's Hospital of Orange County), Series 2021-A, 3.00% 11/1/2038  | 635 | 605 |
| Health Facs. Fncg. Auth., Rev. Bonds (Episcopal Communities & Services), Series 2024-B, 5.00% 11/15/2038  | 430 | 463 |
| Housing Fin. Agcy., Municipal Certs., Series 2019-1, Class A, 4.25% 1/15/2035  | 2245 | 2323 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-1, 3.50% 11/20/2035  | 1851 | 1835 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036  | 6051 | 5806 |
| Housing Fin. Agcy., Municipal Certs., Series 2023-1, Class A, 4.375% 9/20/2036  | 2732 | 2834 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (Brightline West Passenger Rail Project), Series 2025, AMT, 3.50% <br> 1/1/2065 (put 11/2/2026) <sup>(a)</sup>  | 13500 | 13500 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (WFCS Portfolio Projects), Series 2021-A-1, 5.00% 1/1/2056 <sup>(a)</sup>  | 250 | 215 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.50% 8/1/2041  | 710 | 831 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.50% 8/1/2042  | 320 | 370 |
| Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, 5.00% 9/1/2035  | 1245 | 1312 |
| City of Jurupa, Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2020-A, BAM, 4.00% 9/1/2031  | 1890 | 2021 |
| Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2024-1 (Mountain House School Facs.), Special Tax <br> Bonds, Series 2025, 5.00% 9/1/2040  | 385 | 407 |
| Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2024-1 (Mountain House School Facs.), Special Tax <br> Bonds, Series 2025, 5.00% 9/1/2045  | 800 | 819 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Green Bonds, Series <br> 2025-D, 5.00% 5/15/2042  | 2500 | 2823 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-D, AMT, 5.00% <br> 5/15/2026  | 495 | 499 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2018-A, AMT, 5.00% <br> 5/15/2037  | 1000 | 1034 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-F, AMT, 5.00% <br> 5/15/2039  | 1000 | 1040 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Ref. Green Bonds, Series 2025-A, AMT, <br> 5.00% 5/15/2034  | 1000 | 1139 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-C, 5.00% 7/1/2030  | 1745 | 1900 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2032  | 640 | 724 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2033  | 840 | 930 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2033  | 1220 | 1393 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2035  | 615 | 707 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2036  | 690 | 756 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2036  | 1730 | 1950 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-A, 5.00% 7/1/2036  | 1010 | 1146 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2036  | 4550 | 5162 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-C, 5.00% 7/1/2036  | 7245 | 8377 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2037  | 4155 | 4678 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-B, 5.00% 7/1/2037  | 1120 | 1245 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-C, 5.00% 7/1/2037  | 13685 | 15683 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2038  | 6440 | 7212 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2039  | 1480 | 1600 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2039  | 1130 | 1259 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2041  | 1265 | 1351 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.00% 7/1/2041  | 625 | 688 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2042  | 1150 | 1218 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2042  | 1000 | 1080 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.00% 7/1/2042  | 275 | 299 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2048  | 1000 | 1042 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2052  | 500 | 513 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2053  | 500 | 514 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-1-A, 5.25% 7/1/2053  | 550 | 580 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-A, 5.00% 1/1/2030  | 1955 | 2104 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-B, 5.00% 7/1/2033  | 1290 | 1473 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2034  | 500 | 569 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-B, 5.00% 7/1/2034  | 245 | 283 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2036  | 730 | 823 |

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| | |
|:---|:---|
| **65** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2037  | USD<br> 840<br>| $940 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2039  | 2305 | 2508 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2039  | 500 | 554 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2024-B, 5.00% 7/1/2039  | 1040 | 1165 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2047  | 500 | 516 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.25% 7/1/2053  | 500 | 522 |
| City of Los Angeles, Harbor Dept., Rev. Ref. Green Bonds, Series 2024-A-2, AMT, 5.00% 8/1/2037  | 360 | 403 |
| County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 2, Special Tax <br> Bonds, Series 2024, 5.00% 9/1/2034  | 400 | 437 |
| City of Manteca, Community Facs. Dist. No. 2023-1, Improvement Area No. 3, Special Tax Bonds, Series 2025, 5.00% <br> 9/1/2040  | 500 | 529 |
| Monrovia Unified School Dist., GO Bonds, CAB, 1997 Election, Series 2001-B, NATL, 0% 8/1/2032  | 750 | 620 |
| Municipal Fin. Auth., Community Facs. Dist. No. 2021-9 (County of Placer - Bickford Ranch), Improvement Area No. 1, <br> Special Tax Bonds, Series 2025, 5.00% 9/1/2045  | 1130 | 1148 |
| Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% <br> 6/1/2036  | 180 | 181 |
| Municipal Fin. Auth., Multi Family Housing Rev. Bonds (Gibson Drive Apartments Project), Series 2024-B, 3.75% <br> 6/1/2028 (put 6/1/2027)  | 140 | 142 |
| Municipal Fin. Auth., Municipal Certs., Series 2025-2, 4.217% 11/20/2040 <sup>(b)</sup>  | 1473 | 1476 |
| Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2017, 5.00% 10/1/2030  | 500 | 515 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2033  | 2350 | 2360 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 5.00% 10/1/2044  | 1200 | 1203 |
| Municipal Fin. Auth., School Fac. Rev. Bonds (St. Mary's School - Aliso Viejo), Series 2024-B, 4.65% 5/1/2030  | 100 | 102 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2023-A, AMT, 4.375% <br> 9/1/2053 (put 9/1/2033)  | 1250 | 1301 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2024-A, AMT, 3.875% <br> 3/1/2054 (put 3/1/2034)  | 5000 | 5009 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2022-A, AMT, 4.125% <br> 10/1/2041 (put 10/2/2028)  | 2065 | 2072 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2019-A, AMT, 2.40% <br> 10/1/2044 (put 10/1/2029)  | 2235 | 2163 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2024-A, AMT, 3.45% <br> 11/1/2046 (put 3/2/2026)  | 6150 | 6150 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2024-B, AMT, 3.375% <br> 9/1/2050 (put 9/1/2028)  | 1750 | 1741 |
| Municipal Fin. Auth., Special Fac. Rev. Bonds (United Airlines, Inc. Los Angeles International Airport Project), Series <br> 2019, AMT, 4.00% 7/15/2029  | 2000 | 2010 |
| Municipal Fin. Auth., Special Tax Rev. Bonds (Bold Program), Series 2024-D, 5.00% 9/1/2039  | 1000 | 1051 |
| Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2026  | 1795 | 1819 |
| Napa Valley Community College Dist., GO Bonds, CAB, 2002 Election, Series 2005-B, NATL, 0% 8/1/2026  | 3755 | 3700 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-CA, 3.81% 7/20/2039 <sup>(b)</sup>  | 6907 | 6756 |
| Newport-Mesa Unified School Dist., GO Bonds, CAB, 2005 Election, Series 2011, 0% 8/1/2033  | 700 | 568 |
| Northern California Energy Auth. Commodity Supply Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2054 (put 8/1/2030)  | 3000 | 3199 |
| Oakland Unified School Dist., GO Bonds, 2012 Election, Series 2019-A, AGI, 4.00% 8/1/2034  | 1000 | 1015 |
| County of Orange, Community Facs. Dist. No. 2023-1 (Rienda Phase 2B), Special Tax Bonds, Series 2023-A, 5.00% <br> 8/15/2038  | 450 | 484 |
| Palo Alto Unified School Dist., GO Bonds, CAB, 2008 Election, Series 2008, 0% 8/1/2032  | 3000 | 2537 |
| City of Paso Robles, Community Facs. Dist. No. 2002-1N (Olsen/South Chandler Ranch Facs.), Improvement Area No. <br> 1, Special Tax Bonds, Series 2025-A, 5.00% 9/1/2041  | 1140 | 1172 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 5.875% 6/1/2039 <sup>(a)</sup>  | 2335 | 2368 |
| Public Works Board, Lease Rev. Bonds (Dept. of General Services, May Lee State Office Complex), Series 2024-A, <br> 5.00% 4/1/2041  | 820 | 913 |
| Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2025-C, 5.00% 11/1/2042  | 1500 | 1679 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2024-C, 5.00% 9/1/2027  | 1065 | 1112 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2021-B, 4.00% 5/1/2041  | 1405 | 1422 |
| Rialto Unified School Dist., GO Bonds, 2022 Election, Series 2023, BAM, 0% 8/1/2028  | 115 | 107 |
| Rialto Unified School Dist., GO Bonds, 2022 Election, Series 2023, BAM, 0% 8/1/2029  | 140 | 126 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2025, <br> 4.50% 9/1/2040  | 1335 | 1344 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2024, <br> 4.50% 9/1/2044  | 215 | 207 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2025, <br> 4.75% 9/1/2045  | 1415 | 1400 |

---

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **66** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| City of Roseville, Creekview Community Facs. Dist. No. 1 (Public Facs.) Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2044  | USD<br> 1,420<br>| $1449 |
| Rowland Unified School Dist., GO Bonds, CAB, 2006 Election, Series 2009-B, 0% 8/1/2034  | 500 | 368 |
| City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, 5.00% <br> 9/1/2028  | 1000 | 1004 |
| City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, 5.00% <br> 9/1/2035  | 2250 | 2259 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2032  | 1070 | 1156 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2034  | 515 | 562 |
| City of Sacramento, Community Facs. Dist. No. 2019-01 (Delta Shores), Improvement Area No. 1, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2040  | 1920 | 2035 |
| County of Sacramento, Airport System Rev. Bonds, Series 2025-A, AMT, 5.00% 7/1/2035  | 5645 | 6399 |
| County of Sacramento, Community Facs. Dist. No. 2005-2 (North Vineyard Station No. 1), Special Tax Bonds, Series <br> 2016, 5.00% 9/1/2045  | 2000 | 2005 |
| Sacramento Unified School Dist., GO Bonds, 2020 Election, Series 2025-A, AGI, 5.00% 8/1/2050  | 3325 | 3498 |
| Sacramento Unified School Dist., GO Bonds, 2020 Election, Series 2025-C, AGI, 5.00% 8/1/2050  | 4030 | 4239 |
| Sacramento Unified School Dist., GO Bonds, 2020 Election, Series 2025-C, AGI, 5.00% 8/1/2054  | 2000 | 2092 |
| San Diego Community College Dist., GO Bonds, CAB, 2002 Election, Series 2011, 0% 8/1/2038  | 3510 | 2284 |
| San Diego Unified School Dist., GO Dedicated Unlimited Ad Valorem Property Tax Bonds, CAB, 2008 Election, Series <br> 2012-E, 0% 7/1/2034  | 750 | 577 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, Series <br> 2023-C, AMT, 5.00% 5/1/2033  | 1030 | 1159 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, Series <br> 2021-A-2, AMT, 5.00% 5/1/2036  | 6985 | 7529 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, Series <br> 2024-A-2, AMT, 5.00% 5/1/2036  | 3660 | 4085 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, Series <br> 2019-A-2, AMT, 5.00% 5/1/2044  | 500 | 508 |
| City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 2, <br> Special Tax Bonds, Series 2023-A, 5.00% 9/1/2033 <sup>(a)</sup>  | 795 | 866 |
| City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 2, <br> Special Tax Bonds, Series 2023-A, 5.00% 9/1/2038 <sup>(a)</sup>  | 710 | 759 |
| City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Bonds, Series 2025-F, 5.00% <br> 11/1/2040  | 555 | 681 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Shoreline Special Tax <br> Bonds, Series 2023-C, 5.25% 9/1/2038 <sup>(a)</sup>  | 875 | 943 |
| San Jacinto Unified School Dist., GO Bonds, 2016 Election, Series 2022, 4.00% 8/1/2043  | 1105 | 1113 |
| City of San Jose, Airport Rev. Ref. Bonds, Series 2017-A, AMT, 5.00% 3/1/2041  | 1500 | 1510 |
| City of San Jose, Multi Family Housing Rev. Bonds (Parkmoor), Series 2023-F-2, 5.00% 6/1/2027 (put 6/1/2026)  | 215 | 217 |
| San Mateo Community College Dist., GO Bonds, CAB, 2005 Election, Series 2006-B, NATL, 0% 9/1/2031  | 7500 | 6442 |
| Southern California Public Power Auth., Ref. Rev. Bonds (Apex Power Project), Series 2024-A, 5.00% 7/1/2033  | 500 | 577 |
| Southern California Public Power Auth., Ref. Rev. Bonds (Apex Power Project), Series 2024-A, 5.00% 7/1/2034  | 4000 | 4646 |
| Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series 2025-1, <br> BAM, 5.25% 7/1/2045  | 385 | 418 |
| Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series 2024-1, <br> 5.00% 7/1/2053  | 750 | 782 |
| Southern California Public Power Auth., Rev. Ref. Bonds (Milford Wind Corridor Phase I Project), Series 2019-1, 5.00% <br> 7/1/2029  | 520 | 563 |
| Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Vintage at Folsom), Series 2024-E-2, 5.00% <br> 10/1/2028 (put 10/1/2027)  | 55 | 57 |
| Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Foundation Hospitals), Series 2025-B, 5.00% 10/1/2032 <sup>(a)</sup>  | 7000 | 8048 |
| Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Foundation Hospitals), Series 2025-B, 5.00% 10/1/2035 <sup>(a)</sup>  | 7200 | 8460 |
| Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - University of California, Irvine <br> East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM, 5.00% 5/15/2027  | 500 | 514 |
| Stockton Unified School Dist., GO Bonds, 2018 Election, Series 2021-B, AGI, 4.00% 8/1/2040  | 2225 | 2280 |
| Stockton Unified School Dist., GO Bonds, CAB, 2008 Election, Series 2011-D, AGI, 0% 8/1/2033  | 1000 | 800 |
| Tejon Ranch Public Facs. Fncg. Auth., Community Facs. Dist. No. 2008-1, Special Tax Rev. Ref. Bonds (Tejon Ranch <br> Industrial Complex Public Improvements - East), Series 2024-A, 5.00% 9/1/2042  | 845 | 884 |
| Township of Washington, Health Care Dist., GO Bonds, 2020 Election, Series 2013-A, 5.00% 8/1/2043  | 5125 | 5126 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.00% 5/15/2030  | 3920 | 4372 |
| Regents of the University of California, General Rev. Bonds, Series 2024-BV, 5.00% 5/15/2035  | 1250 | 1471 |

---

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| | |
|:---|:---|
| **67** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.00% 5/15/2040  | USD<br> 1,330<br>| $1521 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.25% 5/15/2040  | 2685 | 3285 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.50% 5/15/2040  | 1400 | 1662 |
| Various Purpose GO Bonds, Series 2025, 5.00% 10/1/2031  | 2500 | 2856 |
| Various Purpose GO Bonds, Series 2025, 5.00% 8/1/2039  | 1485 | 1723 |
| Various Purpose GO Bonds, Series 2025, 5.00% 3/1/2042  | 2000 | 2235 |
| Various Purpose GO Bonds, Series 2025, 5.00% 8/1/2042  | 2735 | 3069 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 9/1/2028  | 1000 | 1070 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 8/1/2032  | 5650 | 6545 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 3/1/2035  | 1000 | 1196 |
| West Contra Costa Unified School Dist., GO Rev. Ref. Bonds, CAB, Series 2010-D-2, AGI, 0% 8/1/2036  | 1995 | 1397 |
| Whittier Union High School Dist., GO Rev. Ref. Bonds, CAB, Series 2016, 0% 8/1/2032  | 750 | 598 |
|  |  | 421652 |
| **Colorado 2.98%** | **Colorado 2.98%** | **Colorado 2.98%** |
| County of Adams, Buffalo Highlands Metropolitan Dist., Limited Tax GO Rev. Ref. and Improvement Bonds, Series <br> 2018-A, 5.25% 12/1/2038  | 596 | 598 |
| County of Adams, Lakeridge Metropolitan Dist. No. 2, Rev. Ref. GO and Improvement Bonds, Series 2019, 5.25% <br> 12/1/2048  | 1359 | 1328 |
| County of Adams, The Village at Dry Creek Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Bonds, Series <br> 2019, 4.375% 12/1/2044  | 421 | 415 |
| Brickyard Metropolitan Dist. No. 1, GO Limited Tax and Special Rev. Bonds, Series 2025, 6.25% 12/1/2035  | 1000 | 1004 |
| Bridge and Tunnel Enterprise, Infrastructure Rev. Bonds, Series 2024-A, AGI, 5.00% 12/1/2041  | 750 | 828 |
| City of Brighton, Brighton Crossing Metropolitan Dist. No. 6, Limited Tax GO Bonds, Series 2020-A, 5.00% 12/1/2035  | 530 | 539 |
| City and County of Broomfield, Baseline Metropolitan Dist. No. 1, Special Rev. Ref. and Improvement Bonds, Series <br> 2024-A, AGI, 5.00% 12/1/2032  | 835 | 924 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2030  | 1000 | 1001 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2046  | 1457 | 1385 |
| Certs. of Part., Series 2018-A, 5.00% 12/15/2026  | 1870 | 1914 |
| Commerce City, Reunion Metropolitan Dist., Special Rev. Bonds, Series 2021-A, 3.625% 12/1/2044  | 684 | 507 |
| City and County of Denver, Airport System Rev. Bonds, Series 2022-A, AMT, 5.00% 11/15/2028  | 1250 | 1326 |
| City and County of Denver, Airport System Rev. Bonds, Series 2022-A, AMT, 5.00% 11/15/2033  | 12390 | 13779 |
| City and County of Denver, Broadway Park North Metropolitan Dist. No. 2, Limited Tax GO Rev. Ref. and Improvement <br> Bonds, Series 2020, 5.00% 12/1/2040 <sup>(a)</sup>  | 835 | 837 |
| City and County of Denver, Dept. of Aviation, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2030  | 1105 | 1207 |
| City and County of Denver, Dept. of Aviation, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2032  | 5000 | 5245 |
| City and County of Denver, Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. and Improvement <br> Bonds, Series 2025, AGI, 5.00% 12/1/2035  | 845 | 945 |
| City and County of Denver, Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. and Improvement <br> Bonds, Series 2025, AGI, 5.00% 12/1/2036  | 1200 | 1332 |
| County of Douglas, Crystal Crossing Metropolitan Dist., Limited Tax Rev. Ref. GO Bonds, Series 2016, 5.25% 12/1/2040  | 1545 | 1546 |
| E-470 Public Highway Auth., Rev. Bonds, Series 2024-A, 5.00% 9/1/2040  | 1395 | 1553 |
| E-470 Public Highway Auth., Rev. Bonds, CAB, Series 2004-A, NATL, 0% 9/1/2027  | 500 | 478 |
| County of Eagle, The Village Metropolitan Dist., Special Rev. and Limited Property Tax Rev. Ref. and Improvement <br> Bonds, Series 2020, 5.00% 12/1/2049  | 1750 | 1672 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Ascent Classical Academy Charter Schools, Inc. <br> Project), Series 2024, 5.25% 4/1/2039 <sup>(a)</sup>  | 1500 | 1523 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Ascent Classical Academy Charter Schools, Inc. <br> Project), Series 2024, 5.50% 4/1/2044 <sup>(a)</sup>  | 375 | 376 |
| County of Elbert, Elbert and Highway 86 Commercial Metropolitan Dist., Special Rev. and Tax Supported Rev. Ref. and <br> Improvement Bonds, Series 2021-A, 5.00% 12/1/2041 <sup>(a)</sup>  | 570 | 574 |
| County of Elbert, Independence Metropolitan Dist. No. 3, Limited Tax GO and Special Rev. Ref. and Improvement <br> Bonds, Series 2024-A, 5.375% 12/1/2054  | 2000 | 2002 |
| Town of Erie, Westerly Metropolitan Dist. No. 4, Limited Tax GO Bonds, Series 2021-A-1, 5.00% 12/1/2040  | 1875 | 1877 |
| Health Facs. Auth., Hospital Rev. Bonds (AdventHealth Obligated Group), Series 2025-A, 5.00% 11/15/2060 (put <br> 11/15/2030)  | 1410 | 1542 |
| Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-A, 5.00% <br> 11/15/2041  | 6000 | 6023 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-2, 5.00% 8/1/2026  | 200 | 202 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2025-A, 5.00% 9/1/2029  | 5830 | 6251 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2025-A, 5.00% 9/1/2032  | 4050 | 4528 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2024-A, 5.00% 12/1/2034  | 8000 | 9103 |

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **68** |

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Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Colorado (continued)** | **Colorado (continued)** | **Colorado (continued)** |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2025-A, 5.00% 9/1/2035  | USD<br> 3,900<br>| $4450 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-1, 4.00% 8/1/2039  | 1095 | 1084 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-2, 5.00% 8/1/2039  | 2125 | 2212 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2034  | 825 | 904 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2035  | 750 | 818 |
| Health Facs. Auth., Rev. Bonds (Sanford), Series 2019-A, 4.00% 11/1/2039  | 2445 | 2447 |
| Health Facs. Auth., Rev. Ref. Bonds (Christian Living Neighborhoods Project), Series 2016, 5.00% 1/1/2031  | 500 | 500 |
| Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2018-A, 5.00% 12/1/2043  | 6165 | 6210 |
| Health Facs. Auth., Rev. Ref. Bonds (Sisters of Charity of Leavenworth Health System), Series 2019-A, 4.00% 1/1/2037  | 5000 | 5082 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2019-C, Class I, 4.25% 5/1/2049  | 1590 | 1601 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-H, Class I, 3.00% 11/1/2051  | 3265 | 3211 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-L, Class I, 3.25% 11/1/2051  | 3985 | 3947 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2023-I, Class III, 6.00% 5/1/2053  | 7600 | 8292 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2023-O, Class III, 6.50% 5/1/2054  | 1035 | 1152 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-B, Class I, 5.75% 11/1/2054  | 5860 | 6468 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-J, Class III, 6.25% 5/1/2055  | 5040 | 5666 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-M, Class I, 6.25% 11/1/2055  | 2945 | 3294 |
| Town of Johnstown, Thompson Crossing Metropolitan Dist. No. 4, Limited Tax GO Rev. Ref. and Improvement Bonds <br> (Convertible to Unlimited Tax), Series 2019, 5.00% 12/1/2039  | 900 | 905 |
| Kinston Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. and Improvement Bonds, Series 2025-A, 5.00% <br>12/1/2035 <sup>(a)</sup>  | 1000 | 1042 |
| City of Lone Tree, Rampart Range Metropolitan Dist. No. 5, Limited Tax Supported and Special Rev. Bonds, Series <br> 2021, 4.00% 12/1/2036  | 750 | 715 |
| City of Lone Tree, Rampart Range Metropolitan Dist. No. 5, Limited Tax Supported and Special Rev. Bonds, Series <br> 2021, 4.00% 12/1/2051  | 4200 | 3377 |
| North Range Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Ref. and Improvement Bonds, Series 2017-A, <br> 5.625% 12/1/2037  | 625 | 625 |
| Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2020-A, 4.00% <br> 7/15/2033  | 500 | 519 |
| Talon Pointe Metropolitan Dist., GO Rev. Ref. and Improvement Bonds, Series 2019-A, 5.25% 12/1/2039 <sup>(d)</sup>  | 950 | 753 |
| City of Thornton, Creekside Village Metropolitan Dist., Limited Tax GO Bonds, Series 2019-A, 5.00% 12/1/2039 <sup>(d)</sup>  | 500 | 494 |
| Timnath Lakes Metropolitan Dist. No. 1, GO Limited Tax Rev. Ref. and Improvement Bonds, Convertible CAB, Series <br> 2022-A, 3.375% 12/1/2052  | 1314 | 991 |
| Regents of the University of Colorado, University Enterprise Rev. Ref. Bonds, Series 2017-A-2, 4.00% 6/1/2039  | 1200 | 1211 |
| Regents of the University of Colorado, University Enterprise Rev. Ref. Bonds, Series 2017-A-2, 4.00% 6/1/2039 <br> (escrowed to maturity)  | 300 | 308 |
| Town of Windsor, Great Western Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. Bonds, Series 2020, 4.75% <br> 12/1/2050  | 500 | 442 |
|  |  | 143084 |
| **Connecticut 0.69%** | **Connecticut 0.69%** | **Connecticut 0.69%** |
| City of Bridgeport, Steel Point Infrastructure Improvement Dist., Special Obligation Rev. Bonds (Steelpointe Harbor <br> Project), Series 2021, 4.00% 4/1/2031 <sup>(a)</sup>  | 400 | 407 |
| Health and Educational Facs. Auth., Rev. Bonds (Connecticut Children's Medical Center Issue), Series 2023-E, 5.00% <br> 7/15/2038  | 555 | 605 |
| Health and Educational Facs. Auth., Rev. Bonds (Yale University Issue), Series 2013-A, 1.95% 7/1/2042 <sup>(b)</sup>  | 17785 | 17785 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2024-B, AMT, 4.125% <br> 11/15/2040  | 745 | 738 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2018-E-1, 4.25% 5/15/2042  | 165 | 166 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2022-A-1, 3.50% 11/15/2051  | 1555 | 1550 |
| Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2015-C, 6.25% <br>2/1/2030 <sup>(a)</sup>  | 1000 | 1001 |
| Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2015-A, 6.75% <br>2/1/2045 <sup>(a)</sup>  | 304 | 307 |
| Special Tax Obligation Bonds (Transportation Infrastructure Purposes), Series 2023-A, 5.00% 7/1/2031  | 1180 | 1331 |
| City of Stamford, Harbor Point Infrastructure Improvement Dist., Special Obligation Rev. Ref. Bonds (Harbor Point <br> Project), Series 2017, 5.00% 4/1/2039 <sup>(a)</sup>  | 1500 | 1520 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-C, 4.75% 10/1/2032  | 3035 | 3137 |

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| | |
|:---|:---|
| **69** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Connecticut (continued)** | **Connecticut (continued)** | **Connecticut (continued)** |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-B, 5.375% 10/1/2033  | USD<br> 2,465<br>| $2499 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 5.50% 10/1/2035  | 1000 | 1050 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.00% 10/1/2040  | 1000 | 1052 |
|  |  | 33148 |
| **Delaware 0.27%** | **Delaware 0.27%** | **Delaware 0.27%** |
| Econ. Dev. Auth., Charter School Rev. Bonds (First State Montessori Academy, Inc. Project), Series 2019-A, 4.00% <br> 8/1/2029  | 275 | 276 |
| Econ. Dev. Auth., Exempt Fac. Rev. Ref. Bonds (NRG Energy Project), Series 2020-A, 4.00% 10/1/2040 (put 10/1/2035)  | 4500 | 4513 |
| Econ. Dev. Auth., Exempt Fac. Rev. Ref. Bonds (NRG Energy Project), Series 2020-A, 4.00% 10/1/2045 (put 10/1/2035)  | 4935 | 4949 |
| Econ. Dev. Auth., Gas Facs. Rev. Ref. Bonds (Delmarva Power & Light Co. Project), Series 2020-A, 3.60% 1/1/2031  | 2145 | 2204 |
| GO Bonds, Series 2021, 2.00% 2/1/2036  | 1000 | 851 |
| GO Rev. Ref. Bonds, Series 2023-B, 5.00% 8/1/2026  | 150 | 152 |
|  |  | 12945 |
| **District of Columbia 1.11%** | **District of Columbia 1.11%** | **District of Columbia 1.11%** |
| GO Rev. Ref. Bonds, Series 2024-B, 5.00% 8/1/2034  | 3055 | 3579 |
| Hospital Rev. Ref. Bonds (Children's Hospital Obligated Group Issue), Series 2015, 5.00% 7/15/2044  | 1000 | 1000 |
| Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (Belmont Crossing Phase II), Series 2025, 5.00% <br> 3/1/2029 (put 2/1/2028)  | 460 | 477 |
| Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (The Edmonson), Series 2024, 5.00% 12/1/2028 <br> (put 12/1/2027)  | 1050 | 1090 |
| Housing Fin. Agcy., Multi Family Rev. Bonds, Series 2025-B, 3.15% 2/1/2030 (put 2/1/2029)  | 1000 | 1003 |
| Income Tax Secured Rev. Bonds, Series 2020-C, 5.00% 5/1/2037  | 1340 | 1445 |
| Income Tax Secured Rev. Ref. Bonds, Series 2019-C, 5.00% 10/1/2026  | 3455 | 3521 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2041  | 4125 | 4592 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2042  | 1640 | 1805 |
| Metropolitan Area Transit Auth., Dedicated Rev. Bonds, Series 2020-A, 4.00% 7/15/2040  | 750 | 755 |
| Metropolitan Area Transit Auth., Dedicated Rev. Bonds, Series 2020-A, 5.00% 7/15/2045  | 660 | 679 |
| Metropolitan Area Transit Auth., Dedicated Rev. Green Bonds, Series 2021-A, 4.00% 7/15/2034  | 1210 | 1269 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2019-A, AMT, 5.00% <br> 10/1/2028  | 5000 | 5290 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.25% <br> 10/1/2041  | 1000 | 1108 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-B, AMT, 5.00% 10/1/2027  | 1910 | 1979 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2030  | 1155 | 1260 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-A, AMT, 5.00% 10/1/2031  | 4270 | 4645 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2022-A, AMT, 5.00% 10/1/2031  | 720 | 796 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 10/1/2032  | 1015 | 1027 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2033  | 6275 | 7077 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 10/1/2035  | 1000 | 1010 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2023-A, AMT, 5.25% 10/1/2043  | 1000 | 1058 |
| Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 6/1/2041  | 1000 | 1001 |
| Water and Sewer Auth., Public Utility Rev. Ref. Bonds, Series 2024-A, 5.00% 10/1/2038  | 290 | 327 |
| Water and Sewer Auth., Public Utility Rev. Ref. Bonds, Series 2025-A, 5.00% 10/1/2043  | 2500 | 2714 |
| Water and Sewer Auth., Public Utility Sub Lien Rev. Ref. Bonds, Series 2014-C, 4.00% 10/1/2041  | 3045 | 3045 |
|  |  | 53552 |
| **Florida 4.44%** | **Florida 4.44%** | **Florida 4.44%** |
| County of Alachua, Health Facs. Auth., Health Facs. Rev. and Rev. Ref. Bonds, Series 2025-A, AGI, 5.00% 12/1/2035  | 1000 | 1138 |
| County of Alachua, Health Facs. Auth., Health Facs. Rev. Ref. Bonds, Series 2019-B-1, 5.00% 12/1/2031  | 1815 | 1937 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2030  | 435 | 448 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2031  | 460 | 474 |
| Balm Grove Community Dev. Dist., Special Assessment Bonds (Series 2022 Project), Series 2022, 4.00% 11/1/2042  | 1975 | 1804 |
| Braddock Lakes Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2025, 4.50% 5/1/2035  | 1000 | 1003 |
| County of Broward, Housing Fin. Auth., Multi Family Housing Rev. Bonds (St. Joseph Manor II), Series 2023, 3.50% <br> 4/1/2041 (put 4/1/2026)  | 250 | 250 |
| County of Broward, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Tequesta Reserve), Series 2024, 3.15% <br> 3/1/2028 (put 3/1/2027)  | 865 | 866 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Renaissance Charter School), Series 2017-A, 4.375% 6/15/2027 <sup>(a)</sup>  | 180 | 180 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **70** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2017-A, 4.00% <br> 10/15/2029 <sup>(a)</sup>  | USD<br> 400<br>| $398 |
| Capital Trust Agcy., Senior Rev. Bonds (Educational Growth Fund, LLC Charter School Portfolio Projects), Series <br> 2021-A-1, 3.375% 7/1/2031 <sup>(a)</sup>  | 425 | 410 |
| Capital Trust Auth., Charter School Rev. Bonds (Mason Classical Academy Project), Series 2024-A, 5.00% 6/1/2039 <sup>(a)</sup>  | 2010 | 2011 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, 5.00% <br> 12/15/2044  | 950 | 908 |
| Capital Trust Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (UF Health Projects), Series 2025-A, 5.00% 12/1/2032  | 4450 | 4990 |
| Capital Trust Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (UF Health Projects), Series 2025-A, 5.00% 12/1/2035  | 1410 | 1607 |
| Central Florida Expressway Auth., Rev. Bonds, Series 2019-B, 5.00% 7/1/2030  | 1425 | 1540 |
| Counties of Charlotte and Lee, Babcock Ranch Community Independent Special Dist., Special Assessment Rev. Bonds, <br> Series 2024, 5.00% 5/1/2044 <sup>(a)</sup>  | 220 | 221 |
| County of Collier, Ave Maria Stewardship Community Dist., Capital Improvement Rev. Bonds, Series 2022, 4.00% <br> 5/1/2042  | 1445 | 1317 |
| County of Collier, Ave Maria Stewardship Community Dist., Capital Improvement Rev. Bonds (Ave Maria National <br> Project), Series 2021, 3.75% 5/1/2041  | 3565 | 3175 |
| Cypress Preserve Community Dev. Dist., Special Assessment Rev. Bonds (Assessment Area No. 2), Series 2019, 4.00% <br> 11/1/2039  | 325 | 305 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Classical Academy), Series 2024-A, 5.00% 6/1/2034 <sup>(a)</sup>  | 595 | 617 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2020-A, 5.00% 6/15/2035  | 1000 | 1014 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2036  | 1325 | 1341 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Renaissance Charter School, Inc. Projects), Series 2023-A, 6.50% <br> 6/15/2038 <sup>(a)</sup>  | 1000 | 1076 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2020-C, 5.00% 9/15/2040 <sup>(a)</sup>  | 375 | 362 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2025, 6.00% 6/15/2045 <sup>(a)</sup>  | 2250 | 2334 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (GFL Solid Waste Southeast LLC Project), Series 2024-A, AMT, 4.375% <br> 10/1/2054 (put 10/1/2031) <sup>(a)</sup>  | 7900 | 7997 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2025-A, AMT, 3.40% <br> 9/1/2050 (put 9/1/2028)  | 4560 | 4581 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2019, AMT, 5.00% 5/1/2029 <sup>(a)</sup>  | 1000 | 1009 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2017, AMT, 5.25% 8/1/2029  | 2000 | 2061 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2021, AMT, 3.00% 6/1/2032  | 5000 | 4616 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023, AMT, 6.125% 7/1/2032 <br> (put 7/1/2026) <sup>(a)</sup>  | 1375 | 1381 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2025, AMT, 4.45% 7/1/2037 (put <br> 4/2/2030) <sup>(a)</sup>  | 2530 | 2551 |
| Edgewater East Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 3.60% 5/1/2041  | 500 | 436 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 2019-A, AMT, 5.00% 10/1/2028  | 5000 | 5297 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 202-A, AMT, 5.00% 10/1/2029  | 1350 | 1452 |
| Greater Orlando Aviation Auth., Special Purpose Airport Facs. Rev. Bonds (United Airlines, Inc. Project), Series 2025, <br> AMT, 5.50% 11/1/2036  | 4400 | 4772 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 3.875% 5/1/2039  | 1000 | 971 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2032  | 680 | 740 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2034  | 715 | 784 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2044  | 250 | 255 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 10/1/2029  | 2870 | 3082 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 10/1/2031  | 8420 | 9313 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 10/1/2038  | 1525 | 1681 |
| Hobe-St. Lucie Conservancy Dist., Improvement Bonds (Unit of Dev. No. 1A), Series 2024, 4.75% 5/1/2031  | 590 | 614 |
| Housing Fin. Auth., Multi Family Rev. Bonds (Cypress Oaks Apartments), Series 2025, 3.15% 12/1/2028 (put <br> 12/1/2027)  | 1000 | 1001 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-1, 4.00% 7/1/2049  | 140 | 140 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-2, 4.25% 1/1/2050  | 1550 | 1557 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-3, 5.75% 1/1/2054  | 970 | 1054 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-5, 6.25% 1/1/2054  | 1795 | 1979 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-1, 5.25% 7/1/2054  | 1325 | 1380 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-3, 6.25% 1/1/2055  | 1155 | 1260 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-5, 6.25% 1/1/2055  | 145 | 159 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-1, 6.25% 7/1/2055  | 940 | 1044 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2025-1, 6.25% 1/1/2056  | 2505 | 2770 |
| Housing Fin. Corp., Multi Family Mortgage Rev. Bonds (Residences at Marina Village), Series 2025-S, 2.85% 10/1/2043 <br> (put 10/1/2028)  | 2015 | 1995 |
| JEA, Electric System Rev. Bonds, Series 2017-B-3, 5.00% 10/1/2028  | 3070 | 3188 |

---

---

| | |
|:---|:---|
| **71** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| JEA, Electric System Rev. Bonds, Series 2024-A-3, AGI, 5.00% 10/1/2033  | USD<br> 2,760<br>| $3189 |
| JEA, Electric System Rev. Bonds, Series 2024-A-3, AGI, 5.00% 10/1/2034  | 1240 | 1450 |
| JEA, Water and Sewer System Rev. Bonds, Series 2025-A, 5.00% 10/1/2041  | 1500 | 1651 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Indigo Expansion Area Project), Series 2019, <br> 3.75% 5/1/2039 <sup>(a)</sup>  | 905 | 870 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood Ranch Southeast Project), Series 2025, <br> 5.00% 5/1/2035  | 2325 | 2427 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood Ranch Southeast Project), Series 2025, <br> 5.50% 5/1/2040  | 1785 | 1893 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Northeast Sector Project - Phase 2B), Series 2020, <br> 3.75% 5/1/2040 <sup>(a)</sup>  | 2585 | 2421 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Villages of Lakewood Ranch South Project), Series <br> 2016, 5.125% 5/1/2046  | 1000 | 1000 |
| County of Lee, Airport Rev. Bonds, Series 2024, AMT, 5.25% 10/1/2041  | 1635 | 1774 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Lee Health System, Inc.), Series 2019-A-1, 4.00% <br> 4/1/2037  | 2500 | 2508 |
| Local Government Fin. Commission, Educational Facs. Rev. Bonds (Bridgeprep Academy Projects), Series 2025-A, <br> 5.50% 6/15/2040 <sup>(a)</sup>  | 3300 | 3418 |
| Local Government Fin. Commission, Educational Facs. Rev. Bonds (Bridgeprep Academy Projects), Series 2025-A, <br> 6.00% 6/15/2045 <sup>(a)</sup>  | 1030 | 1057 |
| Local Government Fin. Commission, Senior Living Rev. Bonds (Fleet Landing at Nocatee Project), Series 2025B-1, <br> 4.20% 11/15/2030 <sup>(a)</sup>  | 5945 | 5983 |
| Local Government Fin. Commission, Senior Living Rev. Bonds (Fleet Landing at Nocatee Project), Series 2025-A, <br> 6.625% 11/15/2045 <sup>(a)</sup>  | 3000 | 3167 |
| LT Ranch Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 4.00% 5/1/2040  | 1410 | 1368 |
| LT Ranch Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 4.00% 5/1/2050  | 2000 | 1687 |
| Counties of Manatee and Sarasota, Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood <br> Centre North), Series 2015, 4.875% 5/1/2035  | 500 | 500 |
| Counties of Manatee and Sarasota, Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood <br> Centre North), Series 2015, 4.875% 5/1/2045  | 1000 | 979 |
| City of Miami, Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Infrastructure Project), <br> Series 2014-B, 5.00% 5/1/2029  | 505 | 505 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2028  | 2250 | 2372 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2032  | 10000 | 11105 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2017-B, AMT, 5.00% 10/1/2040  | 8990 | 9119 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 3.25% <br> 5/1/2026  | 500 | 499 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 4.125% <br> 5/1/2041  | 1645 | 1557 |
| Municipal Loan Council, Capital Improvement Rev. Bonds (Shingle Creek Transit and Utility Community Dev. Dist. <br> Series), Series 2024, AMT, 5.15% 5/1/2044  | 140 | 143 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2034  | 1690 | 1885 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2037  | 2945 | 3222 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2038  | 1095 | 1192 |
| County of Orange, Health Facs. Auth., Health Care Facs. Rev. Bonds (Presbyterian Retirement Communities Project), <br> Series 2015, 5.00% 8/1/2028  | 1250 | 1252 |
| County of Orange, Health Facs. Auth., Hospital Rev. Bonds (Orlando Health Obligated Group), Series 2025-A, 5.00% <br> 10/1/2041  | 2600 | 2845 |
| Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2024-B, 5.00% 10/1/2036  | 1585 | 1835 |
| County of Palm Beach, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life Communities, <br> Inc. Obligated Group), Series 2018-A, 5.00% 11/15/2045  | 1250 | 1257 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 9/1/2044  | 3230 | 3230 |
| City of Port St. Lucie, Tradition Community Dev. Dist. No. 9, Special Assessment Bonds (Community Infrastructure), <br> Series 2025, 4.35% 5/1/2032  | 535 | 552 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-B, <br> 3.00% 5/1/2032  | 1500 | 1423 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-B, <br> 3.25% 5/1/2040  | 1650 | 1424 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-C, <br> 3.40% 5/1/2040  | 4000 | 3485 |
| Dept. of Transportation, Right-of-Way Acquisition and Bridge Construction Rev. Ref. Bonds, Series 2021-B, 5.00% <br> 7/1/2030  | 500 | 555 |
| Dept. of Transportation, Turnpike Rev. Bonds, Series 2024-B, 4.00% 7/1/2045  | 890 | 866 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **72** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| Dept. of Transportation, Turnpike Rev. Ref. Bonds, Series 2017-A, 5.00% 7/1/2026  | USD<br> 1,130<br>| $1144 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-B-3, 4.25% <br> 1/1/2030 <sup>(a)</sup>  | 495 | 496 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-B-2, 4.50% <br> 1/1/2030 <sup>(a)</sup>  | 440 | 441 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-B-1, 4.625% <br> 1/1/2030 <sup>(a)</sup>  | 375 | 376 |
| Village Community Dev. Dist. No. 16, Special Assessment Rev. Bonds, Series 2025, 4.00% 5/1/2035  | 2500 | 2525 |
| Village Community Dev. Dist. No. 16, Special Assessment Rev. Bonds, Series 2025, 4.50% 5/1/2040  | 2750 | 2794 |
| City of Wildwood, Village Community Dev. Dist. No. 12, Special Assessment Rev. Bonds, Series 2018, 4.25% 5/1/2043  | 4570 | 4418 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2020, 3.25% <br>5/1/2040 <sup>(a)</sup>  | 1195 | 1069 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2021, 3.00% 5/1/2041  | 4865 | 4110 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2020, 3.50% <br>5/1/2051 <sup>(a)</sup>  | 3485 | 2729 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 3.75% <br>5/1/2029 <sup>(a)</sup>  | 370 | 372 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.00% <br>5/1/2034 <sup>(a)</sup>  | 540 | 548 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.55% <br>5/1/2044 <sup>(a)</sup>  | 1995 | 1928 |
|  |  | 213461 |
| **Georgia 1.98%** | **Georgia 1.98%** | **Georgia 1.98%** |
| Athens Housing Auth. Rev. Bonds, (University of Georgia Project - Ugaref Lumpkin Street Housing Phase I, LLC), Series <br> 2024, 5.00% 6/15/2038  | 1245 | 1396 |
| City of Atlanta, Airport General Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2031  | 1000 | 1070 |
| City of Atlanta, Airport General Rev. Green Bonds, Series 2025-B, AMT, 5.00% 7/1/2039  | 2515 | 2749 |
| City of Atlanta, Airport General Rev. Green Bonds, Series 2025-B, AMT, 5.00% 7/1/2040  | 2565 | 2770 |
| City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2019-C, 5.00% 7/1/2038  | 3000 | 3180 |
| City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2019-D, AMT, 4.00% 7/1/2040  | 500 | 490 |
| City of Atlanta, Water and Wastewater Rev. Bonds, Series 2024, BAM, 5.00% 11/1/2032  | 4280 | 4915 |
| Augusta Dev. Auth., Rev. Bonds (AU Health System, Inc. Project), Series 2018, 4.00% 7/1/2038  | 460 | 462 |
| County of Burke, Dev. Auth., Pollution Control Rev. Bonds (Georgia Power Co. Plant Vogtle Project), Series 2012-2, <br> 3.30% 12/1/2049 (put 8/21/2029)  | 590 | 593 |
| County of Cobb, Dev. Auth., Educational Facs. Rev. Bonds (Mt. Bethel Christian Academy Project), Series 2023-A, <br> 6.25% 6/15/2055 <sup>(a)</sup>  | 370 | 382 |
| City of Dalton, Combined Utilities Rev. Bonds, Series 2020, 5.00% 3/1/2032  | 1000 | 1081 |
| County of Douglas, Housing Auth., Multi Family Housing Rev. Bonds (Astoria At Crystal Lake Project), Series 2024-B, <br> 5.00% 10/1/2028 (put 10/1/2027)  | 420 | 434 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2033  | 765 | 863 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2034  | 750 | 853 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2035  | 810 | 914 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2042  | 1255 | 1333 |
| County of Fulton, Residential Care Facs. for the Elderly, Retirement Fac. Rev. Ref. Bonds (Lenbrook Square Foundation, <br> Inc. Project), Series 2016, 5.00% 7/1/2036  | 1220 | 1222 |
| GO Bonds, Series 2022-A, 5.00% 7/1/2036  | 680 | 768 |
| City of Griffin, Housing Auth., Multi Family Housing Rev. Bonds (Northside Hills Apartments Project), Series 2024, <br> 5.00% 5/1/2028 (put 11/1/2027)  | 8550 | 8847 |
| Housing Auth., Multi Family Housing Rev. Bonds (Cahec GA Portfolio II Project), Series 2025, 3.15% 2/1/2029 (put <br> 2/1/2028)  | 1165 | 1166 |
| City of Lawrenceville, Housing Auth., Multi Family Housing Rev. Bonds (Applewood Towers Project), Series 2024-B, <br> 5.00% 10/1/2028 (put 10/1/2027)  | 312 | 323 |
| Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2007-A, 5.50% 9/15/2028  | 1000 | 1056 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 7/1/2052 (put 9/1/2027)  | 2750 | 2777 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2022-C, 4.00% 8/1/2052 (put 11/1/2027) <sup>(a)</sup>  | 10500 | 10491 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-B, 5.00% 7/1/2053 (put 3/1/2030)  | 3615 | 3817 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-C, 5.00% 9/1/2053 (put 12/1/2029)  | 4045 | 4307 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-A, 5.00% 5/1/2054 (put 9/1/2031)  | 2500 | 2687 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-B, 5.00% 12/1/2054 (put 3/1/2032)  | 7840 | 8393 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-C, 5.00% 12/1/2054 (put 12/1/2031)  | 2915 | 3124 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2025-A, 5.00% 6/1/2055 (put 6/1/2032)  | 4850 | 5255 |

---

---

| | |
|:---|:---|
| **73** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Georgia (continued)** | **Georgia (continued)** | **Georgia (continued)** |
| Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Green Bonds, Series 2025-A, 5.00% 7/1/2045  | USD<br> 1,110<br>| $1189 |
| Municipal Electric Auth., General Resolution Projects Bonds, Series 2024-A, 5.00% 1/1/2033  | 1250 | 1412 |
| Municipal Electric Auth., Project One Bonds, Series 2020-A, 5.00% 1/1/2027  | 620 | 635 |
| Municipal Electric Auth., Project One Bonds, Series 2024-A, 5.00% 1/1/2033  | 3750 | 4236 |
| Municipal Electric Auth., Project One Bonds, Series 2020-A, 5.00% 1/1/2034  | 2330 | 2542 |
| Private Colleges and Universities Auth., Rev. Bonds (Emory University), Series 2022-A, 5.00% 9/1/2032  | 1545 | 1768 |
| County of Rockdale, Rev. Ref. Bonds (Pratt Paper (GA), LLC Project), Series 2018, AMT, 4.00% 1/1/2038 <sup>(a)</sup>  | 3500 | 3438 |
| Savannah Housing Auth., Multi Family Rev. Bonds (Montgomery Landing Project), Series 2025, 3.15% 7/1/2043 (put <br> 7/1/2028)  | 1975 | 1979 |
|  |  | 94917 |
| **Guam 0.19%** | **Guam 0.19%** | **Guam 0.19%** |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2029  | 2250 | 2375 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2030  | 1000 | 1074 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2031  | 1000 | 1087 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 4.00% 1/1/2036  | 1200 | 1217 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.00% 1/1/2036  | 555 | 610 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.25% 1/1/2037  | 500 | 554 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.25% 1/1/2038  | 550 | 606 |
| GO Bonds, Series 2019, AMT, 5.00% 11/15/2031  | 305 | 322 |
| Limited Obligation Bonds (Section 30), Series 2016-A, 5.00% 12/1/2046  | 1355 | 1365 |
|  |  | 9210 |
| **Hawaii 0.27%** | **Hawaii 0.27%** | **Hawaii 0.27%** |
| Airports System Rev. Bonds, Series 2018-A, AMT, 5.00% 7/1/2029  | 500 | 525 |
| Airports System Rev. Bonds, Series 2020-A, AMT, 4.00% 7/1/2035  | 500 | 508 |
| Airports System Rev. Bonds, Series 2018-A, AMT, 5.00% 7/1/2035  | 1965 | 2040 |
| Airports System Rev. Bonds, Series 2025-C, AMT, 5.00% 7/1/2041  | 1500 | 1616 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2017-B, AMT, 4.00% <br> 3/1/2037  | 1505 | 1493 |
| GO Bonds, Series 2016-FG, 4.00% 10/1/2033  | 2000 | 2012 |
| Harbor System Rev. Bonds, Series 2020-A, AMT, 5.00% 7/1/2028  | 1000 | 1047 |
| City and County of Honolulu, GO Bonds (Honolulu Rail Transit Project), Series 2023-C, 3.00% 7/1/2034  | 1030 | 1028 |
| City and County of Honolulu, Wastewater System Rev. Bonds (First Bond Resolution), Series 2025-A, 5.00% 7/1/2036  | 2190 | 2568 |
|  |  | 12837 |
| **Idaho 0.27%** | **Idaho 0.27%** | **Idaho 0.27%** |
| Housing and Fin. Assn., Sales Tax Rev. Bonds (Transportation Expansion and Congestion Mitigation Fund), Series <br> 2023-A, 5.25% 8/15/2048  | 2035 | 2172 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2023-C, 5.75% 1/1/2053  | 2445 | 2661 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2024-A, 6.00% 7/1/2054  | 610 | 672 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2025-C, 6.25% 1/1/2056  | 6635 | 7519 |
|  |  | 13024 |
| **Illinois 6.29%** | **Illinois 6.29%** | **Illinois 6.29%** |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2021-A, 3.00% 6/15/2032  | 500 | 483 |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2024-B, 5.00% 6/15/2035  | 5130 | 5766 |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2025-C, 5.00% 6/15/2041  | 2000 | 2148 |
| Build Illinois Bonds, Sales Tax Rev. Ref. Bonds, Series 2024-B, 5.00% 6/15/2036  | 645 | 718 |
| City of Chicago, Board of Education, Capital Improvement Tax Bonds (Dedicated Rev.), Series 2023, 5.25% 4/1/2036  | 250 | 273 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 5.50% 12/1/2031  | 2000 | 2109 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 5.00% 12/1/2032  | 2000 | 2056 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2033  | 1350 | 1359 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2037  | 1120 | 1119 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2038  | 565 | 563 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2040  | 1500 | 1471 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2025-A, 5.75% 12/1/2050  | 4020 | 4003 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2025-A, 6.25% 12/1/2050  | 3960 | 4140 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds, Series 2025-C, 6.00% 12/1/2039  | 5000 | 5392 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **74** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-D, 5.00% <br> 12/1/2026  | USD<br> 1,925<br>| $1939 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, AGI, 5.00% <br> 12/1/2028  | 2300 | 2411 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, 5.00% <br> 12/1/2030  | 1535 | 1560 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2021-B, 5.00% <br> 12/1/2030  | 2000 | 2056 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-B, 6.75% <br> 12/1/2030 <sup>(a)</sup>  | 1000 | 1049 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, 5.00% <br> 12/1/2035  | 1250 | 1242 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2036  | 7815 | 7278 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2037  | 1000 | 925 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-B, 6.00% <br> 12/1/2037  | 3430 | 3720 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2038  | 5000 | 4603 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-B, 6.00% <br> 12/1/2038  | 7500 | 8119 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-A, 4.00% <br> 12/1/2047  | 500 | 390 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), CAB, Series 1998-B-1, NATL, <br> 0% 12/1/2027  | 1070 | 997 |
| City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2023-C, AMT, 5.00% 1/1/2028  | 1130 | 1171 |
| City of Chicago, GO Bonds, Series 2021-A, 4.00% 1/1/2035  | 500 | 482 |
| City of Chicago, GO Bonds, Series 2025-C, 6.00% 1/1/2043  | 450 | 480 |
| City of Chicago, GO Bonds (City Colleges of Chicago Capital Improvement Project), CAB, Series 1999, NATL, 0% <br> 1/1/2026 (escrowed to maturity)  | 5345 | 5345 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2026  | 1500 | 1500 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2027  | 800 | 809 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Bonds, Series 2016-D, 5.00% 1/1/2026  | 500 | 500 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Ref. Bonds, Series 2024-C, AMT, 5.00% 1/1/2028  | 7000 | 7252 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Ref. Bonds, Series 2025-D, 5.00% 1/1/2034  | 1750 | 2009 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), Series 2012-A, 5.00% 12/1/2042  | 1000 | 968 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), CAB, Series 1998-B-1, NATL, 0% 12/1/2031  | 240 | 191 |
| City of Chicago, Transit Auth., Capital Grant Receipts Rev. Ref. Bonds (Federal Transit Administration Section 5337 State <br> of Good Repair Formula Funds), Series 2017, 5.00% 6/1/2026  | 775 | 781 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 1/1/2029  | 1280 | 1362 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-B, BAM, 5.00% 1/1/2035  | 1480 | 1681 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 1/1/2036  | 1125 | 1237 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 1/1/2037  | 3735 | 4079 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-B, BAM, 5.00% 1/1/2037  | 2155 | 2417 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-A, BAM, 5.00% 1/1/2041  | 400 | 435 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-A, BAM, 5.00% 1/1/2043  | 800 | 854 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, CAB, Series 1998-A, NATL, 0% 1/1/2026  | 1000 | 1000 |
| City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 11/1/2028  | 1000 | 1019 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017, 5.00% 11/1/2028  | 2000 | 2081 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017-2, AGI, 5.00% 11/1/2031  | 1000 | 1036 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 11/1/2032  | 1020 | 1143 |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2025-A, 4.25% 7/1/2041  | 480 | 488 |
| Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2008-A, 4.00% 11/1/2030  | 245 | 251 |
| Fin. Auth., Rev. Bonds (CenterPointJoliet Terminal 2020), Series 2024, AMT, 4.125% 12/1/2050 (put 12/31/2034) <sup>(a)</sup>  | 5000 | 4996 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2040  | 8000 | 8076 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2046  | 5875 | 5931 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2036  | 2430 | 2452 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2037  | 2000 | 2004 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2040  | 3290 | 3224 |

---

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| | |
|:---|:---|
| **75** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Fin. Auth., Rev. Bonds (OSF Healthcare System), Series 2020-B-2, 5.00% 5/15/2050 (put 11/15/2026)  | USD<br> 2,000<br>| $2012 |
| Fin. Auth., Rev. Bonds (Rush University For Health), Series 2025-A, 5.00% 11/15/2035  | 4615 | 5289 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 5.00% 8/15/2033  | 2000 | 2204 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 4.00% 8/15/2038  | 1000 | 1001 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 4.00% 8/15/2041  | 750 | 722 |
| Fin. Auth., Rev. Bonds (University of Chicago), Series 2024-B, 5.25% 4/1/2039  | 500 | 563 |
| Fin. Auth., Rev. Bonds (University of Chicago), Series 2024-A, 5.25% 4/1/2042  | 750 | 815 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2020, 4.00% 7/1/2038  | 2500 | 2538 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-A, 5.00% 7/1/2043  | 450 | 489 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2034  | 620 | 621 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2035  | 1500 | 1502 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2018-A, 5.00% 5/15/2043  | 2500 | 2548 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2045  | 7000 | 7000 |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2028  | 335 | 334 |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2029  | 225 | 225 |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2023, AMT, 4.60% 10/1/2053 <br> (put 10/1/2026)  | 1565 | 1570 |
| Fin. Auth., Solid Waste Disposal Rev. Green Bonds (LRS Holdings, LLC Project), Series 2023-A, AMT, 7.25% 9/1/2052 <br> (put 9/1/2030) <sup>(a)</sup>  | 500 | 546 |
| GO Bonds, Series 2021-A, 5.00% 3/1/2028  | 2505 | 2617 |
| GO Bonds, Series 2025-C, 5.25% 9/1/2031  | 5000 | 5591 |
| GO Bonds, Series 2021-A, 5.00% 3/1/2032  | 2060 | 2255 |
| GO Bonds, Series 2024-B, 5.00% 10/1/2034  | 3850 | 4306 |
| GO Bonds, Series 2023-B, 5.00% 5/1/2036  | 910 | 991 |
| GO Bonds, Series 2022-C, 5.50% 10/1/2040  | 1925 | 2102 |
| GO Bonds, Series 2024-C, 4.00% 10/1/2041  | 2000 | 1914 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2042  | 2220 | 2382 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2045  | 2350 | 2456 |
| GO Rev. Ref. Bonds, Series 2023-D, 5.00% 7/1/2028  | 1075 | 1131 |
| GO Rev. Ref. Bonds, Series 2024, 5.00% 2/1/2031  | 3250 | 3565 |
| Housing Dev. Auth., Homeowner Mortgage Rev. Bonds, Series 2018-A-1, 4.00% 8/1/2048  | 1210 | 1216 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds, Series 2025, 3.15% 7/1/2029 (put 8/1/2028)  | 1420 | 1422 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (6900 Crandon), Series 2023, 5.00% 2/1/2027 (put 2/1/2026)  | 900 | 901 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (South Shore HHDC), Series 2023, 5.00% 2/1/2027 (put <br> 2/1/2026)  | 650 | 651 |
| Housing Dev. Auth., Rev. Bonds, Series 2021-D, 3.00% 10/1/2051  | 4835 | 4763 |
| Housing Dev. Auth., Rev. Bonds, Series 2022-A, 3.50% 4/1/2052  | 625 | 623 |
| Housing Dev. Auth., Rev. Bonds, Series 2023-N, 6.25% 4/1/2054  | 885 | 962 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-I, 6.00% 10/1/2055  | 5270 | 5854 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-E, 6.25% 10/1/2055  | 3025 | 3317 |
| Housing Dev. Auth., Rev. Bonds, Series 2025-D, 6.25% 10/1/2055  | 7750 | 8767 |
| Housing Dev. Auth., Rev. Bonds, Series 2025-G, 6.25% 4/1/2056  | 2035 | 2321 |
| Housing Dev. Auth., Rev. Social Bonds, Series 2024-C, 6.25% 10/1/2054  | 1335 | 1491 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 1994, NATL, 0% <br> 6/15/2028  | 1055 | 977 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, AGI, 0% <br> 6/15/2030  | 1055 | 918 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 6/15/2032  | 935 | 755 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, Series 2020-B, 5.00% <br> 6/15/2042  | 4125 | 4217 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, CAB, Series 2002-A, NATL, <br> 0% 12/15/2029  | 2000 | 1763 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, CAB, NATL, Series 2002-A, <br> 0% 12/15/2030  | 1095 | 933 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2035  | 1980 | 2187 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2036  | 540 | 591 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2037  | 1090 | 1184 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2038  | 800 | 863 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **76** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> AGI, 0% 6/15/2027  | USD<br> 1,040<br>| $995 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2002-A, <br> NATL, 0% 12/15/2031  | 2335 | 1921 |
| Sales Tax Securitization Corp., Sales Tax Securitization Bonds, Series 2020-A, 5.00% 1/1/2029  | 1375 | 1458 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-C, 5.00% 1/1/2029  | 3220 | 3415 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-A, 5.00% 1/1/2033  | 6000 | 6658 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-A, 5.00% 1/1/2034  | 5505 | 6053 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2037  | 7120 | 7847 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2025-A, 5.00% 1/1/2040  | 7500 | 8160 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2041  | 1500 | 1605 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2025-A, 5.00% 1/1/2042  | 5750 | 6059 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2019, BAM, 5.00% 6/15/2029  | 665 | 707 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2019-B, 5.00% 1/1/2026  | 1000 | 1000 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 1/1/2032  | 2580 | 2612 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2023-A, 5.25% 1/1/2045  | 1065 | 1138 |
| Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2016-A, 5.00% 12/1/2032  | 11280 | 11301 |
|  |  | 302037 |
| **Indiana 1.51%** | **Indiana 1.51%** | **Indiana 1.51%** |
| Concord Community Schools, First Mortgage Rev. Ref. and Improvement Bonds, Series 2016, 5.00% 1/15/2026  | 1000 | 1001 |
| Fin. Auth., Environmental Improvement Rev. Ref. Bonds (U.S. Steel Corp. Project), Series 2021-A, 4.125% 12/1/2026  | 2450 | 2452 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-E, 5.00% 10/1/2034  | 3295 | 3824 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-C, 5.00% 10/1/2043  | 5000 | 5385 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-D-1, 5.00% 10/1/2064 (put 10/1/2029)  | 2400 | 2564 |
| Fin. Auth., Hospital Rev. Ref. Bonds (Methodist Hospitals, Inc.), Series 2024-A, 5.50% 9/15/2039  | 1025 | 1102 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-B, 3.00% 11/1/2030  | 665 | 651 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 4.25% 11/1/2030  | 1075 | 1105 |
| Fin. Auth., Pollution Control Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2010-A, 3.00% 11/1/2030  | 1000 | 981 |
| Fin. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2025-A-1, 5.00% 11/15/2038  | 5000 | 5646 |
| Fin. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2025-A-1, 5.00% 11/15/2043  | 1185 | 1273 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2028  | 1100 | 1134 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2038  | 1000 | 1016 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2025-C, 5.00% 2/1/2040  | 1000 | 1128 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2025-C, 5.00% 2/1/2041  | 905 | 1010 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2023-B, 5.00% 2/1/2043  | 1930 | 2076 |
| City of Franklin, Econ. Dev. Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2019-B, 5.00% 7/1/2027  | 400 | 410 |
| Housing and Community Dev. Auth., Multi Family Housing Rev. Bonds (Foundry Row Project), Series 2025, 3.35% <br> 1/1/2043 (put 1/1/2028)  | 155 | 156 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2020-A, 3.75% 1/1/2049  | 560 | 561 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-A-1, 5.75% 7/1/2053  | 350 | 370 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 4.00% <br> 6/1/2046  | 335 | 325 |
| Municipal Power Agcy., Power Supply System Rev. Ref. Bonds, Series 2016-A, 5.00% 1/1/2042  | 14535 | 14626 |
| Trustees of Purdue University, Student Facs. System Rev. Bonds, Series 2025-A, 5.00% 7/1/2037  | 3825 | 4413 |
| City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 4.50% 1/1/2034 <sup>(a)</sup>  | 885 | 907 |
| City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2008, 4.20% <br> 6/1/2044 (put 6/2/2035)  | 4585 | 4823 |
| City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2015, AMT, 4.40% <br> 11/1/2045 (put 6/10/2031)  | 2750 | 2887 |
| City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2016-A, AMT, 4.40% <br> 3/1/2046 (put 6/10/2031)  | 600 | 630 |
| City of Whiting, Environmental Facs. Rev. Ref. Bonds (BP Products North America, Inc. Project), Series 2019-A, AMT, <br> 5.00% 12/1/2044 (put 6/15/2026)  | 10000 | 10092 |
|  |  | 72548 |

---

---

| | |
|:---|:---|
| **77** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Iowa 0.58%** | **Iowa 0.58%** | **Iowa 0.58%** |
| Fin. Auth., Midwestern Disaster Area Rev. Bonds (Alcoa Inc. Project), Series 2012, 4.75% 8/1/2042  | USD<br> 3,870<br>| $3870 |
| Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2022, 5.00% 12/1/2050 (put <br> 12/1/2042)  | 2405 | 2768 |
| Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2022, 5.00% 12/1/2050 (preref. <br> 12/1/2032)  | 1110 | 1278 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2024-A, 5.00% 5/15/2044  | 3100 | 2998 |
| PEFA, Inc., Gas Project Rev. Bonds, Series 2019, 5.00% 9/1/2049 (put 9/1/2026)  | 11500 | 11604 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2023-B, AMT, 5.00% 12/1/2029  | 350 | 368 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2029  | 250 | 263 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2025-B, AMT, 4.50% 12/1/2045  | 3425 | 3533 |
| Tobacco Settlement Auth., Tobacco Settlement Asset-Backed Bonds, Series 2021-A-2, 4.00% 6/1/2038  | 1000 | 984 |
|  |  | 27666 |
| **Kansas 0.01%** | **Kansas 0.01%** | **Kansas 0.01%** |
| Dev. Fin. Auth., Hospital Rev. Bonds (Advent Health Obligated Group), Series 2021-B, 5.00% 11/15/2054 (put <br> 11/15/2028)  | 500 | 529 |
| **Kentucky 1.13%** | **Kentucky 1.13%** | **Kentucky 1.13%** |
| City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), Series <br> 2016-A, 5.00% 2/1/2040  | 500 | 500 |
| City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. King's Daughters Medical Center Project), Series <br> 2016-A, 5.00% 2/1/2029  | 1010 | 1011 |
| County of Carroll, Environmental Facs. Rev. Ref. Bonds, Series 2006-B, AMT, 2.125% 10/1/2034  | 2150 | 1847 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 3.70% 1/1/2032 <sup>(a)</sup>  | 3490 | 3490 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 4.45% 1/1/2042 <sup>(a)</sup>  | 1525 | 1497 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2019-A-1, AMT, 5.00% 6/1/2029  | 500 | 521 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 4.75% 6/1/2040  | 2720 | 2790 |
| Housing Corp., Multi Family Housing Rev. Bonds (Beecher Terrace Phase IV Project), Series 2023, 5.00% 9/1/2043 (put <br> 9/1/2026)  | 1790 | 1796 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.25% 7/1/2054  | 575 | 637 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-C, 6.25% 1/1/2055  | 240 | 262 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-E, 6.25% 7/1/2055  | 1245 | 1368 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2025-A, 6.25% 7/1/2055  | 3040 | 3356 |
| Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, <br> 5.00% 10/1/2033  | 3000 | 3038 |
| Louisville/Jefferson Metro County Government, Pollution Control Rev. Bonds (Louisville Gas and Electric Co. Project), <br> Series 2003-A, 2.00% 10/1/2033  | 3000 | 2619 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2022-A-1, 4.00% 8/1/2052 (put 8/1/2030)  | 500 | 505 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2025-C, 5.00% 5/1/2036  | 13000 | 13819 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2023-A-1, 5.25% 4/1/2054 (put 2/1/2032)  | 5050 | 5457 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2055 (put 8/1/2032)  | 2005 | 2158 |
| County of Trimble, Environmental Facs. Rev. Bonds (Louisville Gas and Electric Co. Project), Series 2023-A, AMT, 4.70% <br> 6/1/2054 (put 6/1/2027) <sup>(c)</sup>  | 1000 | 1008 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2024-A, 5.00% 7/1/2030  | 4015 | 4433 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2022-A, 5.00% 7/1/2031  | 2030 | 2277 |
|  |  | 54389 |
| **Louisiana 0.91%** | **Louisiana 0.91%** | **Louisiana 0.91%** |
| Aviation Board, General Airport Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 1/1/2034  | 1135 | 1257 |
| Housing Corp., Multi Family Housing Rev. Bonds (Arbours at Acadiana Project), Series 2024, 5.00% 4/1/2028 (put <br> 4/1/2027)  | 800 | 820 |
| Housing Corp., Multi Family Housing Rev. Bonds (Deerwood Apartments Project), Series 2024, 4.00% 1/1/2043 (put <br> 7/1/2027)  | 1000 | 1005 |
| Housing Corp., Multi Family Housing Rev. Bonds (Hampton Park Project), Series 2025, 3.15% 7/1/2044 (put 7/1/2028)  | 2375 | 2381 |
| Housing Corp., Multi Family Housing Rev. Bonds (NSA East Bank Apartments Project), Series 2025, 3.15% 4/1/2030 <br> (put 4/1/2029)  | 3255 | 3263 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2025-C, 6.25% 6/1/2055  | 1400 | 1560 |
| Housing Corp., Single Family Mortgage Rev. Bonds (Home Ownership Program), Series 2023-A, 5.75% 6/1/2054  | 365 | 395 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Louisiana Insurance Guaranty Assn. <br> Project), Series 2022-B, 5.00% 8/15/2027  | 1000 | 1037 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **78** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Louisiana (continued)** | **Louisiana (continued)** | **Louisiana (continued)** |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Christwood Project), Series 2024, <br> 5.00% 11/15/2037 <sup>(a)</sup>  | USD<br> 590<br>| $612 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (East Baton Rouge Sewerage <br> Commission Projects), Series 2023, 5.00% 2/1/2041  | 400 | 423 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Projects), <br> Series 2021-B, 2.50% 4/1/2036  | 1440 | 1236 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2031  | 1355 | 1505 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2035  | 1400 | 1578 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2036  | 1250 | 1398 |
| Public Facs. Auth., Rev. and Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2017, 5.00% 5/15/2042  | 10985 | 11085 |
| Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 5.50% 6/15/2040 <sup>(a)</sup>  | 3500 | 3623 |
| Public Facs. Auth., Rev. Ref. Bonds (Lake Charles Academy Foundation Project), Series 2024-A, 5.00% 12/15/2034 <sup>(a)</sup>  | 1635 | 1679 |
| Public Facs. Auth., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2025, AMT, 4.375% 5/1/2053 <br> (put 10/2/2028) <sup>(a)</sup>  | 6520 | 6530 |
| Public Facs. Auth., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023, AMT, 6.75% 10/1/2053 <br> (put 10/1/2028) <sup>(a)</sup>  | 500 | 529 |
| Parish of St. James, Rev. Bonds (NuStar Logistics, LP Project), Series 2011, 3.70% 8/1/2041 (put 6/1/2030)  | 1570 | 1591 |
|  |  | 43507 |
| **Maine 0.06%** | **Maine 0.06%** | **Maine 0.06%** |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2015-R-3, AMT, 5.00% <br> 8/1/2035 <sup>(a)</sup>  | 710 | 734 |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2024, AMT, 4.625% 12/1/2047 <br> (put 6/1/2035) <sup>(a)</sup>  | 1095 | 1104 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2020, 3.00% 7/1/2040  | 1000 | 900 |
|  |  | 2738 |
| **Maryland 1.49%** | **Maryland 1.49%** | **Maryland 1.49%** |
| County of Baltimore, Rev. Bonds (Riderwood Village, Inc. Fac.), Series 2020, 4.00% 1/1/2029  | 500 | 513 |
| Mayor and City Council of Baltimore, Special Obligation Bonds (City-Wide Affordable Housing Program), Series 2025, <br> 4.00% 6/1/2035 <sup>(a)</sup>  | 600 | 601 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2021-C, 3.00% <br> 9/1/2051  | 6658 | 6568 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2023-A, 5.50% <br> 9/1/2053  | 945 | 1013 |
| Econ. Dev. Corp., Port Facs. Rev. Ref. Bonds (Core Natural Resources, Inc. Project), Series 2025, 5.00% 7/1/2048 (put <br> 3/27/2035) <sup>(a)</sup>  | 770 | 807 |
| GO Bonds, State and Local Facs. Loan of 2018, Series 2018-A-1, 5.00% 3/15/2030  | 550 | 580 |
| GO Bonds, State and Local Facs. Loan of 2019, Series 2019-A, 5.00% 8/1/2031  | 1775 | 1927 |
| GO Bonds, State and Local Facs. Loan of 2025, Series 2025-B-1, 5.00% 8/1/2028  | 6095 | 6493 |
| GO Improvement Bonds, Series 2025, 5.00% 10/1/2030  | 6115 | 6830 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Broadmead Issue), Series 2018-A, 5.00% 7/1/2030  | 690 | 711 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Broadmead Issue), Series 2018-A, 5.00% 7/1/2038  | 240 | 246 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, 5.25% <br> 6/1/2036  | 1365 | 1453 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, 5.25% <br> 6/1/2043  | 2000 | 2019 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (The Johns Hopkins Health System Issue), Series 2025-A, 5.00% <br> 5/15/2035  | 5020 | 5854 |
| County of Montgomery, Rev. Ref. Bonds (Dept. of Liquor Control), Series 2019-A, 4.00% 6/15/2037  | 750 | 760 |
| County of Prince George, GO Consolidated Public Improvement Bonds, Series 2025-A, 5.00% 8/1/2038  | 1065 | 1232 |
| Dept. of Transportation, Consolidated Transportation Bonds, Series 2021-A, 2.00% 10/1/2034  | 735 | 650 |
| Dept. of Transportation, Consolidated Transportation Rev. Ref. Bonds, Series 2025-C, 5.00% 11/1/2028  | 5000 | 5355 |
| Transportation Auth., Transportation Facs. Projects Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2038  | 1465 | 1669 |
| University System of Maryland, Auxiliary Fac. and Tuition Rev. Ref. Bonds, Series 2021-A, 4.00% 4/1/2040  | 5000 | 5060 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 5.00% 6/1/2041  | 9000 | 10096 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 5.00% 6/1/2042  | 8890 | 9861 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Green Bonds, Series 2025, 4.00% 6/1/2052  | 1360 | 1290 |
|  |  | 71588 |

---

---

| | |
|:---|:---|
| **79** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Massachusetts 0.33%** | **Massachusetts 0.33%** | **Massachusetts 0.33%** |
| Clean Water Trust, Revolving Fund Rev. Ref. Green Bonds, Series 2023-2B, 5.00% 2/1/2040  | USD<br> 1,000<br>| $1105 |
| Dev. Fin. Agcy., Rev. Bonds (Mass General Brigham, Inc.), Series 2020-A-2, 4.00% 7/1/2041  | 1000 | 995 |
| Dev. Fin. Agcy., Rev. Bonds (Partners Healthcare System Issue), Series 2017-S, 4.00% 7/1/2035  | 500 | 506 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2026  | 500 | 504 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2022-M, AMT, 5.00% 7/1/2027  | 1000 | 1024 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.25% 7/1/2032  | 80 | 82 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.25% 7/1/2044  | 405 | 405 |
| GO Rev. Ref. Bonds, Series 2016-C, 5.00% 4/1/2026  | 1000 | 1006 |
| Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 223, 3.00% 6/1/2047  | 3775 | 3729 |
| School Building Auth., Sales Tax Rev. Ref. Bonds (Social Bonds), Series 2025-B, 5.00% 2/15/2036  | 2000 | 2348 |
| Transportation Fund Rev. Bonds (Rail Enhancement Program), Series 2025-A, 5.00% 6/1/2042  | 1275 | 1415 |
| Transportation Fund Rev. Bonds (Rail Enhancement Program), Series 2025-A, 5.00% 6/1/2043  | 1250 | 1371 |
| Transportation Fund Rev. Bonds (Rail Enhancement Program), Series 2025-A, 5.00% 6/1/2044  | 1250 | 1358 |
|  |  | 15848 |
| **Michigan 1.04%** | **Michigan 1.04%** | **Michigan 1.04%** |
| Building Auth., Rev. Bonds (Facs. Program), Series 2021-I, 4.00% 10/15/2041  | 500 | 505 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2030  | 1300 | 1351 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 5.00% 4/1/2046  | 1000 | 1010 |
| Fin. Auth., Hospital Rev and Rev. Ref. Bonds (Trinity Health Credit Group), Series 2016, 5.00% 12/1/2045  | 2855 | 2861 |
| Fin. Auth., Hospital Rev and Rev. Ref. Bonds (Trinity Health Credit Group), Series 2016, 5.00% 12/1/2045 (preref. <br> 6/1/2026)  | 145 | 146 |
| Fin. Auth., Hospital Rev. and Rev. Ref. Bonds (Trinity Health Credit Group), Series 2019-A, 5.00% 12/1/2041  | 500 | 522 |
| Fin. Auth., Tobacco Settlement Asset-Backed Bonds, Series 2020-A-1, 5.00% 6/1/2033  | 500 | 538 |
| Fin. Auth., Tobacco Settlement Asset-Backed Bonds, Series 2020-A-1, 4.00% 6/1/2035  | 1000 | 1019 |
| City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.25% 7/1/2039  | 190 | 190 |
| Great Lakes Water Auth., Water Supply System Rev. Ref. Bonds, Series 2018-A, 5.00% 7/1/2029  | 2000 | 2167 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (4401 Rosa Parks Apartments Project), Series 2025, 5.00% <br> 2/1/2028 (put 2/1/2027)  | 1430 | 1461 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (North Port Apartments Project), Series 2025, 5.00% 8/1/2027 <br> (put 8/1/2026)  | 3375 | 3414 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (The Dean Apartments At Eastlawn Project), Series 2025, 2.90% <br> 9/1/2045 (put 9/1/2028)  | 10000 | 9971 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2018-A, 4.00% 12/1/2048  | 1085 | 1089 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2021-A, 3.00% 6/1/2052  | 4790 | 4720 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-A, 5.50% 12/1/2053  | 1075 | 1157 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-B, 5.75% 6/1/2054  | 875 | 940 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.00% 6/1/2054  | 1715 | 1862 |
| City of Lansing, Board of Water and Light, Utility System Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2036  | 2830 | 3266 |
| City of Lansing, Board of Water and Light, Utility System Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2049  | 1400 | 1463 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2019-B, 5.00% 2/15/2031  | 1460 | 1568 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2025-A, 5.00% 2/15/2035  | 3000 | 3536 |
| Strategic Fund, Exempt Facs. Rev. Bonds (Waste Management, Inc. Project), Series 2001, AMT, 0.58% 8/1/2027  | 1000 | 1003 |
| Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, 5.00% <br> 11/15/2034  | 1000 | 1034 |
| Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (United Methodist Retirement Communities, Inc. Project), <br> Series 2019, 5.00% 11/15/2034  | 1170 | 1199 |
| Strategic Fund, Limited Obligation Rev. Bonds (I-75 Improvement Project), Series 2018, AMT, 5.00% 12/31/2028  | 550 | 574 |
| Strategic Fund, Limited Obligation Rev. Green Bonds (Graphic Packaging International, LLC Coated Recycled Board <br> Machine Project), Series 2021, AMT, 4.00% 10/1/2061 (put 10/1/2026)  | 1375 | 1374 |
|  |  | 49940 |
| **Minnesota 0.88%** | **Minnesota 0.88%** | **Minnesota 0.88%** |
| GO State Trunk Highway Bonds, Series 2022-B, 5.00% 8/1/2026  | 165 | 167 |
| GO State Trunk Highway Bonds, Series 2025-B, 5.00% 8/1/2034  | 3395 | 3988 |
| GO State Trunk Highway Bonds, Series 2023-B, 5.00% 8/1/2036  | 2210 | 2532 |
| GO State Trunk Highway Rev. Ref. Bonds, Series 2023-E, 5.00% 8/1/2026  | 160 | 162 |
| GO State Trunk Highway Rev. Ref. Bonds, Series 2022-D, 5.00% 8/1/2029  | 1060 | 1153 |
| County of Hennepin, Housing and Redev. Auth., Multi Family Rev. Bonds (South Haven and Summit Point Apartments <br> Project), Series 2025, 3.15% 2/1/2046 (put 8/1/2028)  | 1290 | 1292 |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2023, AMT, 4.00% 11/1/2042  | 1420 | 1375 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **80** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Minnesota (continued)** | **Minnesota (continued)** | **Minnesota (continued)** |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2020-E, 1.90% 7/1/2029  | USD<br> 735<br>| $699 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2020-I, 3.00% 1/1/2051  | 1235 | 1222 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2021-H, 3.00% 7/1/2052  | 1055 | 1040 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2025-C, 6.25% 7/1/2055  | 8275 | 9332 |
| City of Minneapolis, GO Bonds, Series 2025, 5.00% 12/1/2028  | 4315 | 4629 |
| Public Facs. Auth., State Revolving Fund Rev. Ref. Bonds, Series 2023-B, 5.00%, 3/1/2028  | 1940 | 2046 |
| City of St. Paul, Metropolitan Airports Commission, Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 1/1/2038  | 5000 | 5457 |
| Various Purpose GO Bonds, Series 2024-A, 5.00% 8/1/2032  | 1245 | 1432 |
| Various Purpose GO Bonds, Series 2024-A, 5.00% 8/1/2036  | 3060 | 3558 |
| Various Purpose GO Rev. Ref. Bonds, Series 2023-D, 5.00% 8/1/2033  | 1840 | 2140 |
|  |  | 42224 |
| **Mississippi 0.66%** | **Mississippi 0.66%** | **Mississippi 0.66%** |
| Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), Series 2007-D, <br> 2.50% 12/1/2030 <sup>(b)</sup>  | 13190 | 13190 |
| Business Fin. Corp., Port Fac. Rev. Ref. Bonds (Chevron USA, Inc. Project), Series 2023, 2.50% 6/1/2043 <sup>(b)</sup>  | 11000 | 11000 |
| Business Fin. Corp., Solid Waste Disposal, Rev. Bonds (Waste Pro USA, Inc. Project), Series 2025-A, AMT, 4.375% <br> 2/1/2048 (put 8/2/2027) <sup>(a)</sup>  | 1000 | 1001 |
| Home Corp., Single Family Mortgage Rev. Bonds, Series 2021-B, 3.00% 6/1/2051  | 330 | 326 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016, 5.00% 9/1/2036  | 1255 | 1263 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016-A, 5.00% 9/1/2046  | 5135 | 5108 |
|  |  | 31888 |
| **Missouri 1.19%** | **Missouri 1.19%** | **Missouri 1.19%** |
| County of Cape Girardeau, Industrial Dev. Auth., Health Facs. Bonds (SoutheastHEALTH), Series 2017-A, 5.00% <br> 3/1/2036  | 735 | 747 |
| County of Cape Girardeau, Industrial Dev. Auth., Tax Increment and Special Dist. Rev. Bonds (Westpark Mall Redev. <br> Project), Series 2024, 5.50% 5/1/2044 <sup>(a)</sup>  | 500 | 483 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2021, 4.00% <br> 8/1/2029  | 385 | 384 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (BJC Health System), Series 2021-A, 4.00% 7/1/2035  | 1315 | 1367 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (CoxHealth), Series 2025-A, 5.00% 11/15/2035  | 4530 | 5146 |
| Health and Educational Facs. Auth., Health Facs. Rev. Ref. Bonds (St. Anthony's Medical Center), Series 2015-B, 5.00% <br> 2/1/2045  | 1200 | 1201 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2021, 4.00% <br> 2/1/2032  | 1100 | 1120 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, <br> 5.00% 2/1/2046  | 1465 | 1436 |
| Highways and Transportation Commission, State Appropriations Mega Projects State Road Bonds, Series 2023-A, <br> 5.00% 5/1/2026  | 1000 | 1008 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds, Series 2025-D, 6.25% 5/1/2056  | 3625 | 4061 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2020-C, 3.50% 11/1/2050  | 310 | 309 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2023-B, 5.50% 5/1/2053  | 1030 | 1107 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2023-E, 6.50% 5/1/2054  | 905 | 1016 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-A, 5.75% 5/1/2055  | 9570 | 10519 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-C, 6.00% 5/1/2055  | 1220 | 1352 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-E, 6.00% 5/1/2055  | 7375 | 8198 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-C, 5.75% 5/1/2056  | 6945 | 7586 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-A, 6.00% 5/1/2056  | 3870 | 4242 |

---

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| | |
|:---|:---|
| **81** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Missouri (continued)** | **Missouri (continued)** | **Missouri (continued)** |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-F, 6.00% 5/1/2056  | USD<br> 3,780<br>| $4189 |
| City of Kansas City, Industrial Dev. Auth., Econ. Activity Tax Rev. Bonds (Historic Northeast Redev. Plan), Series <br> 2024-A-1, 5.00% 6/1/2046 <sup>(a)</sup>  | 975 | 951 |
| City of Kansas City, Planned Industrial Expansion Auth., Multi Family Housing Rev. Bonds (The Depot on Old Santa Fe), <br> Series 2023, 5.00% 7/1/2045 (put 7/1/2027)  | 750 | 765 |
|  |  | 57187 |
| **Montana 0.20%** | **Montana 0.20%** | **Montana 0.20%** |
| City of Forsyth, Pollution Control Rev. Ref. Bonds (Avista Corp. Colstrip Project), Series 2010-A, 3.875% 10/1/2032  | 1500 | 1545 |
| City of Forsyth, Pollution Control Rev. Ref. Bonds (Northwestern Corp. Colstrip Project), Series 2023, 3.875% 7/1/2028  | 2650 | 2694 |
| Board of Housing, Multi Family Housing Rev. Bonds (Twin Creek 4 Apartments Project), Series 2024, 5.00% 9/1/2028 <br> (put 9/1/2027)  | 382 | 395 |
| Board of Housing, Single Family Mortgage Bonds, Series 2020-C, 3.00% 12/1/2050  | 2140 | 2116 |
| Board of Housing, Single Family Mortgage Bonds, Series 2021-B, 3.00% 12/1/2051  | 1280 | 1264 |
| Board of Housing, Single Family Mortgage Bonds, Series 2024-B, 5.75% 6/1/2055  | 1580 | 1716 |
|  |  | 9730 |
| **Nebraska 0.30%** | **Nebraska 0.30%** | **Nebraska 0.30%** |
| Educational, Health, Cultural, and Social Sciences Fin. Auth., Rev. Bonds (Immanuel Retirement Communities <br> Obligated Group), Series 2019-A, 4.00% 1/1/2044  | 3020 | 2833 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2020-A, 2.35% 9/1/2035  | 500 | 434 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2018-C, 4.00% 9/1/2048  | 1340 | 1347 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2019, AMT, 3.75% 9/1/2049  | 550 | 549 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2020-C, 3.00% 9/1/2050  | 3940 | 3890 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2021-C, 3.00% 9/1/2050  | 4055 | 3995 |
| City of Omaha Airport Auth., Airport Facs. Rev. Bonds, Series 2024, AGI, AMT, 5.00% 12/15/2035  | 1250 | 1408 |
|  |  | 14456 |
| **Nevada 0.59%** | **Nevada 0.59%** | **Nevada 0.59%** |
| Dept. of Business and Industry, Lease Rev. Bonds (Somerset Academy), Series 2018-A, 4.50% 12/15/2029 <sup>(a)</sup>  | 310 | 310 |
| County of Clark, Limited Tax GO Park Improvement Bonds, Series 2018, 5.00% 12/1/2031  | 600 | 642 |
| County of Clark, Limited Tax GO Stadium Improvement Bonds, Series 2018-A, 5.00% 6/1/2033  | 515 | 542 |
| County of Clark, Limited Tax GO Stadium Improvement Bonds, Series 2018-A, 5.00% 6/1/2043  | 1500 | 1536 |
| County of Clark, Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series 2010, 2.10% 6/1/2031  | 460 | 420 |
| Housing Division, Multi Unit Housing Rev. Bonds (Carville Park Apartments), Series 2024, 5.00% 7/1/2028 (put <br> 7/1/2027)  | 365 | 376 |
| City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 6/15/2045  | 1500 | 1494 |
| City of Las Vegas, Special Improvement Dist. No. 612 (Skye Hills), Local Improvement Bonds, Series 2020, 3.75% <br> 6/1/2042  | 910 | 820 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 3.125% 6/1/2046  | 465 | 347 |
| City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series 2023, <br> 5.50% 6/1/2038  | 375 | 404 |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 4.50% 12/1/2031  | 775 | 793 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series 2022-B, <br> 5.00% 7/1/2032  | 2000 | 2254 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series 2023-A, <br> 5.00% 7/1/2037  | 800 | 895 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series 2023-A, <br> 5.00% 7/1/2038  | 350 | 388 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 6/1/2036  | 1700 | 1713 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement Bonds, Series 2022-A, 4.00% 6/1/2035  | 500 | 525 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement Bonds, Series 2025-A, 5.00% 6/1/2044  | 7000 | 7547 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Rev. Ref. Bonds, Series 2015-C, 5.00% 9/15/2027  | 4110 | 4111 |
| City of North Las Vegas, Special Improvement Dist. No. 65 (Northern Beltway Commercial Area), Local Improvement <br> Bonds, Series 2017, 4.00% 12/1/2027 <sup>(a)</sup>  | 195 | 195 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 4.00% <br> 6/1/2030 <sup>(a)</sup>  | 530 | 531 |

---

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **82** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Nevada (continued)** | **Nevada (continued)** | **Nevada (continued)** |
| Reno-Tahoe Airport Auth., Rev. Bonds, Series 2024-A, AMT, 5.00% 7/1/2030  | USD<br> 1,095<br>| $1176 |
| Reno-Tahoe Airport Auth., Rev. Bonds, Series 2024-A, AMT, 5.00% 7/1/2031  | 875 | 952 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 5.00% 6/1/2039  | 435 | 454 |
|  |  | 28425 |
| **New Hampshire 1.82%** | **New Hampshire 1.82%** | **New Hampshire 1.82%** |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (Granite Edvance Corp. Issue), Series 2024-B, AMT, <br> 4.00% 11/1/2044  | 325 | 315 |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (New Hampshire Higher Education Loan Corp. Issue), <br> Series 2023-B, AMT, 5.00% 11/1/2043  | 1445 | 1529 |
| Health and Education Facs. Auth., Rev. Bonds (Dartmouth College Issue), Series 2007-B, 2.45% 6/1/2041 <sup>(b)</sup>  | 6200 | 6200 |
| Housing Fin. Auth., Single Family Mortgage Acquisition Rev. Bonds, Series 2024-E, 6.25% 7/1/2055  | 3340 | 3742 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-B, 6.00% 1/1/2055  | 180 | 193 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-C, 6.25% 1/1/2055  | 925 | 999 |
| National Fin. Auth., Affordable Housing Certs., Series 2024-1, Class A, 4.15% 10/20/2040 (put 10/1/2034)  | 3019 | 3022 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2024-A, 4.53% <br> 10/15/2034 <sup>(a)</sup>  | 3250 | 3351 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2025-A, 5.05% <br> 6/15/2035 <sup>(a)</sup>  | 2140 | 2223 |
| National Fin. Auth., Municipal Certs., Series 2020-1, Class A, 4.125% 1/20/2034  | 1422 | 1450 |
| National Fin. Auth., Municipal Certs., Series 2022-1, Class A, 4.375% 9/20/2036  | 4958 | 5051 |
| National Fin. Auth., Municipal Certs., Series 2022-2, Class A, 4.00% 10/20/2036  | 3967 | 3939 |
| National Fin. Auth., Municipal Certs., Series 2023-2, Class A, 3.875% 1/20/2038  | 3660 | 3539 |
| National Fin. Auth., Municipal Certs., Series 2024-2, Class X, 3.625% 8/20/2039  | 1582 | 1520 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-US, 4.064% 11/20/2039 <sup>(b)</sup>  | 3760 | 3749 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-CA, 3.81% 7/20/2040 <sup>(b)</sup>  | 1750 | 1617 |
| National Fin. Auth., Municipal Certs., Series 2025-1, Class A-1, 4.086% 1/20/2041 <sup>(b)</sup>  | 3060 | 3035 |
| National Fin. Auth., Municipal Certs., Series 2025-3, Class A-1, 4.795% 2/20/2041 <sup>(b)</sup>  | 11163 | 11708 |
| National Fin. Auth., Municipal Certs., Series 2024-1, Class A, 4.25% 7/20/2041  | 1068 | 1074 |
| National Fin. Auth., Municipal Certs., Series 2024-3, Class A, 4.034% 10/20/2041 <sup>(b)</sup>  | 8312 | 8248 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-US, 4.064% 5/20/2042 <sup>(b)</sup>  | 985 | 890 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-A, AMT, 4.00% 11/1/2027 <sup>(a)</sup>  | 500 | 494 |
| National Fin. Auth., Rev. Bonds (Adventist Health Energy Projects), Series 2024-C, 5.25% 7/1/2049  | 2650 | 2678 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.00% 12/1/2035  | 5745 | 6450 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.25% 6/1/2044  | 4060 | 4267 |
| National Fin. Auth., Special Rev. Bonds (Grand Prairie Project), Series 2024, 5.875% 12/15/2032 <sup>(a)</sup>  | 4693 | 4675 |
| National Fin. Auth., Specialty Pharmacy Rev. Bonds (University Hospitals Home Care Services, Inc.), Series 2024-A, <br> 5.625% 12/15/2033 <sup>(a)</sup>  | 1120 | 1154 |
| National Fin. Auth., Specialty Pharmacy Rev. Bonds (University Hospitals Home Care Services, Inc.), Series 2024-A, <br> 6.25% 12/15/2038 <sup>(a)</sup>  | 490 | 515 |
|  |  | 87627 |
| **New Jersey 1.35%** | **New Jersey 1.35%** | **New Jersey 1.35%** |
| Covid-19 GO Emergency Bonds, Series 2020-A, 5.00% 6/1/2029  | 2410 | 2609 |
| Econ. Dev. Auth., Municipal Rehabilitation Rev. Ref. Bonds, Series 2019-A, 5.25% 4/1/2028  | 2715 | 2872 |
| Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties, LLC - Rowan University Student Housing <br> Project), Series 2015-A, 5.00% 1/1/2035  | 375 | 375 |
| Econ. Dev. Auth., School Facs. Construction Bonds, Series 2018-EEE, 5.00% 6/15/2028  | 3000 | 3171 |
| Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2005-N-1, NATL, 5.50% 9/1/2027  | 1000 | 1048 |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 9/15/2029  | 2115 | 2118 |
| County of Gloucester, Improvement Auth., Rev. Ref. Bonds (Rowan University Project), Series 2017-A, AGI, 5.00% <br> 11/1/2028  | 1750 | 1782 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2032  | 500 | 516 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2037  | 470 | 483 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2038  | 1050 | 1078 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2039  | 610 | 625 |

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| | |
|:---|:---|
| **83** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New Jersey (continued)** | **New Jersey (continued)** | **New Jersey (continued)** |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (RWJ Barnabas Health Obligated Group Issue), Series 2016-A, 5.00% <br> 7/1/2033  | USD<br> 610<br>| $616 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2022, AMT, 4.00% <br> 12/1/2041  | 635 | 632 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1A, AMT, 5.00% 12/1/2031  | 2520 | 2681 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1B, AMT, 5.00% 12/1/2033  | 3745 | 4089 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2019-B, AMT, 3.25% 12/1/2039  | 115 | 112 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2020-A, AMT, 3.50% 12/1/2039  | 680 | 668 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2023-B, AMT, 4.00% 12/1/2044  | 775 | 747 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2024-B, AMT, 4.25% 12/1/2045  | 595 | 595 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2020-E, 3.50% 4/1/2051  | 270 | 269 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2020-H, 3.00% 10/1/2052  | 1815 | 1782 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2023-J, 5.50% 4/1/2053  | 1355 | 1446 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2025-M, 6.50% 4/1/2056  | 6050 | 6798 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-AA, 5.00% 6/15/2034  | 2030 | 2310 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-AA, 5.00% 6/15/2035  | 700 | 792 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-BB, 5.00% 6/15/2037  | 630 | 708 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2025-AA, 5.00% 6/15/2039  | 2065 | 2332 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2019-A, 5.00% 12/15/2027  | 520 | 544 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2021-A, 5.00% 6/15/2028  | 1400 | 1480 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2024-A, 5.00% 6/15/2034  | 6700 | 7733 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC, 0% 12/15/2026  | 500 | 487 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC, 0% 12/15/2028  | 590 | 541 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC, 0% 12/15/2035  | 550 | 391 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2031  | 5000 | 5563 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2034  | 4070 | 4707 |
|  |  | 64700 |
| **New Mexico 0.34%** | **New Mexico 0.34%** | **New Mexico 0.34%** |
| Aspire Public Improvement Dist., Special Levy Rev. Bonds, Series 2024, 5.05% 10/1/2044  | 550 | 538 |
| City of Farmington, Pollution Control Rev. Ref. Bonds (Public Service Co. of San Juan and Four Corners Projects), Series <br> 2016-B, 2.15% 4/1/2033  | 1750 | 1530 |
| City of Farmington, Pollution Control Rev. Ref. Bonds (Public Service Co. of San Juan Project), Series 2010-C, 3.875% <br> 6/1/2040 (put 6/1/2029)  | 450 | 457 |
| Fin. Auth., Rev. Bonds (Public Project Revolving Fund), Series 2025-B, 5.00% 6/15/2037  | 1275 | 1483 |
| Hospital Equipment Loan Council, Hospital System Rev. Bonds (Presbyterian Healthcare Services), Series 2017-A, <br> 4.00% 8/1/2037  | 1315 | 1318 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2020-A, Class I, 3.50% 1/1/2051  | 1235 | 1232 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2025-A, Class I, 5.75% 3/1/2056  | 3155 | 3473 |
| Municipal Energy Acquisition Auth., Gas Supply Rev. Ref. and Acquisition Bonds, Series 2025, 5.00% 6/1/2054 (put <br> 11/1/2030)  | 5785 | 6177 |
|  |  | 16208 |
| **New York 9.00%** | **New York 9.00%** | **New York 9.00%** |
| City of Albany Capital Resource Corp., Rev. Bonds (Kipp Capital Region Public Charter Schools Project), Series 2024, <br> 4.50% 6/1/2044  | 400 | 379 |
| Town of Brookhaven Local Dev. Corp., Rev. Ref. Bonds (Active Retirement Community, Inc.), Series 2016, 5.25% <br> 11/1/2030  | 830 | 843 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2026  | 1170 | 1178 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2042  | 500 | 501 |
| Build NYC Resource Corp., Rev. Ref. Bonds (Albert Einstein School of Medicine, Inc. Project), Series 2015, 5.50% <br> 9/1/2045 <sup>(a)</sup>  | 465 | 460 |
| Dormitory Auth., Rev. Bonds (Roswell Park Cancer Institute Obligated Group), Series 2025-A, AGI, 5.25% 7/1/2041  | 1300 | 1453 |
| Dormitory Auth., Rev. Bonds (Roswell Park Cancer Institute Obligated Group), Series 2025-A, AGI, 5.25% 7/1/2044  | 1100 | 1189 |
| Dormitory Auth., Rev. Bonds (White Plains Hospital Obligated Group), Series 2024, 5.00% 10/1/2033  | 1100 | 1209 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-A, 5.00% 3/15/2031  | 2500 | 2806 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-A, 5.00% 3/15/2032  | 3030 | 3456 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-A, 4.00% 3/15/2037  | 1040 | 1063 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024-A, 5.00% 3/15/2040  | 2655 | 2939 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-C, 5.00% 3/15/2041  | 685 | 760 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-E, 4.00% 3/15/2042  | 1135 | 1111 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **84** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-C, 5.00% 3/15/2042  | USD<br> 1,065<br>| $1166 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024, 5.00% 3/15/2045  | 895 | 940 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2023-A-1, 5.00% 3/15/2029 (escrowed to maturity)  | 5515 | 5936 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2023-A-1, 5.00% 3/15/2029  | 685 | 740 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2025-A, 5.00% 3/15/2038  | 2000 | 2313 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2018-E, 5.00% 3/15/2039  | 805 | 842 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2025-A, 5.00% 3/15/2041  | 3310 | 3683 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2025-A, 5.00% 3/15/2043  | 2500 | 2711 |
| Energy Fin. Dev. Corp., Energy Supply Rev. Bonds, Series 2025, 5.00% 7/1/2056 (put 12/1/2033)  | 2400 | 2545 |
| Energy Research and Dev. Auth., Pollution Control Rev. Bonds (New York State Electric & Gas Corp. Project), Series <br> 2004-C, 4.00% 4/1/2034  | 120 | 124 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2014-R-2, <br> AMT, 3.125% 12/1/2044 (put 6/1/2026) <sup>(a)</sup>  | 500 | 498 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2020-R-1, <br> 4.25% 9/1/2050 (put 9/3/2030) <sup>(a)</sup>  | 475 | 477 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2022-R-2, <br> AMT, 5.125% 9/1/2050 (put 9/3/2030) <sup>(a)</sup>  | 500 | 520 |
| Housing Fin. Agcy., 160 West 62nd Street Housing Rev. Bonds, Series 2011-A-1, 3.60% 11/1/2044 (put 4/1/2032)  | 1275 | 1296 |
| Housing Fin. Agcy., Affordable Housing Rev. Green Bonds, Series 2020-L-1, 2.10% 11/1/2035  | 2000 | 1702 |
| Housing Fin. Agcy., Affordable Housing Rev. Green Bonds, Series 2023-A-2, 3.60% 11/1/2062 (put 5/1/2027)  | 720 | 720 |
| Liberty Dev. Corp., Liberty Rev. Ref. Green Bonds (4 World Trade Center Project), Series 2021-A, 2.875% 11/15/2046  | 995 | 724 |
| Metropolitan Transportation Auth., Dedicated Tax Fund Green Bonds, Series 2024-B, 5.00% 11/15/2041  | 910 | 1003 |
| Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 5.00% 11/15/2045 (put 5/15/2030)  | 1500 | 1618 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2021-A-1, 4.00% 11/15/2045  | 1810 | 1645 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2017-D, 5.00% 11/15/2035  | 2600 | 2709 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2017-C-1, 5.00% 11/15/2028  | 3330 | 3499 |
| County of Monroe, Industrial Dev. Agcy., Multi Family Housing Rev. Bonds (Andrews Terrace Community Partners, L.P. <br> Project), Series 2023-B-1, 5.00% 7/1/2028 (put 7/1/2026)  | 1360 | 1400 |
| Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 213, 4.25% 10/1/2047  | 170 | 171 |
| New York City GO Bonds, Fiscal 2009, Series 2009-B-3, 5.00% 9/1/2027  | 4000 | 4168 |
| New York City GO Bonds, Fiscal 2010, Series 2010-G-4, 3.30% 3/1/2039 <sup>(b)</sup>  | 4440 | 4440 |
| New York City GO Bonds, Fiscal 2016, Series 2016-E, 5.00% 8/1/2028  | 1135 | 1150 |
| New York City GO Bonds, Fiscal 2020, Series 2020-D-1, 5.00% 3/1/2039  | 5415 | 5740 |
| New York City GO Bonds, Fiscal 2022, Series 2022-B, 5.00% 8/1/2031  | 3065 | 3433 |
| New York City GO Bonds, Fiscal 2022, Series 2022-B-1, 5.00% 8/1/2036  | 1750 | 1939 |
| New York City GO Bonds, Fiscal 2023, Series 2023-1, 5.00% 8/1/2036  | 890 | 1002 |
| New York City GO Bonds, Fiscal 2024, Series 2024-C, 5.00% 3/1/2026  | 1415 | 1421 |
| New York City GO Bonds, Fiscal 2024, Series 2024-C, 5.00% 3/1/2042  | 1005 | 1079 |
| New York City GO Bonds, Fiscal 2025, Series 2025-F, 5.00% 8/1/2034  | 7585 | 8778 |
| New York City GO Bonds, Fiscal 2025, Series 2025-C-1, 5.00% 9/1/2040  | 1390 | 1524 |
| New York City GO Bonds, Fiscal 2025, Series 2025-G, 5.00% 2/1/2042  | 4150 | 4498 |
| New York City GO Bonds, Fiscal 2025, Series 2025-E, 5.00% 8/1/2042  | 1935 | 2090 |
| New York City GO Bonds, Fiscal 2026, Series 2026-D, 5.00% 10/1/2037  | 3885 | 4406 |
| New York City GO Bonds, Fiscal 2026, Series 2026-D, 5.00% 10/1/2038  | 7500 | 8459 |
| New York City GO Bonds, Fiscal 2026, Series 2026-D, 5.00% 10/1/2041  | 3645 | 3988 |
| New York City GO Bonds, Fiscal 2026, Series 2026-D, 5.00% 10/1/2042  | 4285 | 4649 |
| New York City GO Bonds, Fiscal 2026, Series 2026-A-1, 5.00% 8/1/2044  | 5000 | 5315 |
| New York City GO Bonds, Fiscal 2026, Series 2026-D, 5.00% 10/1/2048  | 5250 | 5435 |
| New York City Health and Hospitals Corp., Health System Bonds, Series 2020-A, 3.00% 2/15/2026  | 1440 | 1441 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Bonds (Sustainable Dev. Bonds), Series 2020-A-1-B, <br> 2.05% 11/1/2031  | 530 | 485 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Bonds (Sustainable Dev. Bonds), Series 2026-A-2, 3.25% <br> 11/1/2065 (put 2/1/2030)  | 9000 | 9043 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Green Bonds (Sustainable Dev. Bonds), Series 2021-F-1, <br> 2.40% 11/1/2046  | 500 | 340 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Green Bonds (Sustainable Dev. Bonds), Series 2025-C-2, <br> 3.75% 5/1/2065 (put 7/2/2029)  | 2220 | 2255 |
| New York City Housing Dev. Corp., Multi Family Mortgage Rev. Bonds (8 Spruce Street), Series 2024-F, 5.25% <br> 12/15/2031 <sup>(a)</sup>  | 900 | 929 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, AGI, <br> 5.00% 1/1/2031  | 2250 | 2478 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, AGI, <br> 2.00% 1/1/2038  | 2375 | 1852 |

---

---

| | |
|:---|:---|
| **85** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2020-EE, 5.00% 6/15/2031  | USD<br> 1,485<br>| $1683 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2021-DD, 5.00% 6/15/2031  | 1890 | 2142 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2020-CC-1, 4.00% 6/15/2037  | 750 | 760 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2020-DD-3, 4.00% 6/15/2042  | 1170 | 1159 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2015-BB-4, 2.50% 6/15/2050 <sup>(b)</sup>  | 18750 | 18750 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2023, Series 2023-CC, 2.50% 6/15/2053 <sup>(b)</sup>  | 20800 | 20800 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2025, Series 2025-CC, 5.00% 6/15/2037  | 13000 | 14995 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2025, Series 2025-BB, 5.00% 6/15/2043  | 2000 | 2177 |
| New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Series 2026-S-2, 5.00% 7/15/2035  | 4360 | 5169 |
| New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Series 2026-S-2, 5.00% 7/15/2040  | 3270 | 3680 |
| New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Series 2026-S-2, 5.00% 7/15/2043  | 1650 | 1795 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2016, Series 2016-B-1, 5.00% 11/1/2034  | 500 | 501 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2020, Series 2020-A-2, 5.00% 5/1/2039  | 570 | 600 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2021, Series 2021-C-1, 4.00% 5/1/2035  | 645 | 664 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2023, Series 2023-E, 5.00% 11/1/2032  | 2420 | 2764 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2023, Series 2023-E-1, 5.00% 11/1/2041  | 2160 | 2343 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-B, 5.00% 5/1/2036  | 3010 | 3425 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-D, 5.00% 11/1/2038  | 1680 | 1883 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-B, 5.00% 5/1/2040  | 2000 | 2194 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G-1, 5.00% 5/1/2040  | 1000 | 1098 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-F-1, 5.00% 2/1/2042  | 1125 | 1206 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.00% 5/1/2042  | 2085 | 2240 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-A1, 5.00% 11/1/2027  | 1020 | 1065 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2026, Series 2026-D-1, 5.00% 11/1/2027  | 1230 | 1283 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2030  | 3670 | 4079 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2031  | 1860 | 2102 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 11/1/2032  | 3000 | 3427 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2035  | 1250 | 1449 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F-F1, 5.00% 11/1/2035  | 1000 | 1175 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2036  | 4760 | 5490 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2036  | 1100 | 1263 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2037  | 2335 | 2666 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2037  | 2955 | 3361 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2038  | 8480 | 9555 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F-F1, 5.00% 11/1/2038  | 4185 | 4741 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2039  | 6080 | 6787 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2040  | 1550 | 1709 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2041  | 2005 | 2188 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-C-C1, 5.00% 5/1/2045  | 1120 | 1181 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-E, 5.00% 11/1/2046  | 6000 | 6283 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.00% 11/1/2046  | 4695 | 4927 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.25% 11/1/2048  | 1230 | 1303 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2026, Series 2026-D-1, 5.00% 11/1/2037  | 4000 | 4623 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2026, Series 2026-D-1, 5.00% 11/1/2040  | 1550 | 1732 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2026, Series 2026-D-1, 5.00% 11/1/2041  | 1250 | 1379 |
| Oneida Indian Nation, Tax Rev. Bonds, Series 2024-B, 6.00% 9/1/2043 <sup>(a)</sup>  | 465 | 502 |
| Onongada Civic Dev. Corp., Rev. Bonds (Syracuse University Project), Series 2025, 5.25% 12/1/2044  | 1325 | 1460 |
| Port Auth., Consolidated Bonds, Series 246, AMT, 5.00% 9/1/2028  | 2000 | 2103 |
| Port Auth., Consolidated Bonds, Series 227, AMT, 3.00% 10/1/2028  | 1000 | 998 |
| Port Auth., Consolidated Bonds, Series 221, AMT, 4.00% 7/15/2038  | 900 | 901 |
| Port Auth., Consolidated Bonds, Series 221, AMT, 4.00% 7/15/2039  | 1120 | 1118 |
| Rockland County Econ. Assistance Corp., Rev. Bonds (Bon Secours Charity Health System Project), Series 2025, AGI, <br> 6.50% 11/1/2055  | 1020 | 1151 |
| Rockland County Econ. Assistance Corp., Rev. Bonds (Bon Secours Charity Health System Project), Series 2025, 7.50% <br> 11/1/2055  | 2780 | 2986 |

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **86** |

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------

Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Suffolk County Econ. Dev. Corp., Rev. Bonds (Peconic Landing at Southold, Inc. Project), Series 2019-B, 5.00% <br> 12/1/2034  | USD<br> 1,000<br>| $1040 |
| Suffolk Regional Off-Track Betting Corp., Rev. Bonds, Series 2024, 5.75% 12/1/2044  | 1000 | 1019 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-A-1, 4.85% <br> 11/1/2031 <sup>(a)</sup>  | 755 | 762 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-C-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 1160 | 1161 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-D-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 1050 | 1051 |
| Thruway Auth., General Rev. Bonds, Series 2021-O, 4.00% 1/1/2040  | 1000 | 1010 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2022-A-1, 5.00% 3/15/2041  | 1040 | 1120 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2025-A, 4.00% 3/15/2044  | 15000 | 16014 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2021, AMT, 2.25% 8/1/2026  | 280 | 278 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 5.00% 12/1/2028  | 1350 | 1416 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 5.00% 12/1/2033  | 1150 | 1221 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-C, 5.00% 12/1/2033  | 500 | 545 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2033  | 4390 | 4773 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-C, 5.00% 12/1/2034  | 2240 | 2436 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2035  | 2750 | 2957 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 4.00% 12/1/2036  | 1600 | 1677 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2041  | 750 | 775 |
| Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2016, AMT, 5.00% 8/1/2026  | 2510 | 2513 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2028  | 1250 | 1291 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2029  | 2000 | 2062 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 4.00% 10/1/2030  | 2500 | 2550 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2033  | 1500 | 1539 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2023, AMT, 6.00% 4/1/2035  | 3000 | 3308 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 5.00% 10/1/2035  | 2265 | 2364 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 5.00% 10/1/2040  | 2150 | 2181 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 4.375% 10/1/2045  | 4855 | 4527 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2023, AMT, AGI, 5.50% 6/30/2042  | 1000 | 1058 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2024, AMT, 5.25% 6/30/2044  | 1000 | 1023 |
| Triborough Bridge and Tunnel Auth., General Rev. Bonds (MTA Bridges and Tunnels), Series 2023-B-1, 5.00% <br> 11/15/2040  | 1000 | 1105 |
| Triborough Bridge and Tunnel Auth., General Rev. Bonds (MTA Bridges and Tunnels), Series 2025-A, 5.00% <br> 11/15/2042  | 1250 | 1377 |
| Triborough Bridge and Tunnel Auth., Payroll Mobility Tax Rev. Ref. Green Bonds (MTA Bridges and Tunnels), Series <br> 2023-A, 5.00% 11/15/2034  | 575 | 660 |
| Triborough Bridge and Tunnel Auth., Real Estate Transfer Tax Rev. Bonds (MTA Bridges and Tunnels), Series 2025-A, <br> 5.00% 12/1/2036  | 1000 | 1172 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2022-A, 5.00% 9/15/2031  | 1625 | 1845 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 4.00% 3/15/2037  | 1015 | 1031 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-E, 4.00% 3/15/2038  | 1510 | 1526 |

---

---

| | |
|:---|:---|
| **87** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 5.00% 3/15/2038  | USD<br> 1,180<br>| $1274 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2021-A, 4.00% 3/15/2039  | 2500 | 2532 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2025-TE-2, 5.00% 12/15/2032  | 4255 | 4743 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2025-TE-2, 5.00% 6/15/2033  | 7895 | 8866 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2025-TE-2, 5.00% 6/15/2035  | 6000 | 6914 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2025-TE-2, 5.00% 12/15/2035  | 5000 | 5789 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2023-TE-1, 5.00% 12/15/2041  | 840 | 932 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2025-TE-2, 5.00% 12/15/2041  | 1190 | 1340 |
|  |  | 432458 |
| **North Carolina 1.24%** | **North Carolina 1.24%** | **North Carolina 1.24%** |
| City of Charlotte, Charlotte Douglas International Airport, Airport Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2030  | 500 | 534 |
| City of Durham, Housing Auth. Multi Family Housing Rev. Bonds (Page Corners Apartments), Series 2025, 3.15% <br> 7/1/2059 (put 7/1/2028)  | 1345 | 1349 |
| Educational Assistance Auth., Student Loan Rev. Bonds, Series 2023-A, AMT, 5.00% 6/1/2043  | 740 | 771 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2034  | 4350 | 4629 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2045  | 6350 | 6654 |
| GO School Bonds, Series 2023, 5.00% 9/1/2029  | 2185 | 2387 |
| GO School Bonds, Series 2023, 5.00% 9/1/2030  | 2500 | 2791 |
| County of Guilford, GO Rev. Ref. Bonds, Series 2017, 5.00% 3/1/2026  | 150 | 151 |
| Hospital Auth., Health Care Rev. Ref. Bonds (Charlotte-Mecklenburg Hospital), Series 2016-A, 5.00% 1/15/2034  | 4200 | 4207 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 49, 6.00% 7/1/2053  | 5290 | 5600 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 50, 5.50% 1/1/2054  | 635 | 677 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 53-A, 6.25% 1/1/2055  | 540 | 584 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 54-A, 6.25% 1/1/2055  | 1595 | 1777 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 55-A, 6.25% 7/1/2055  | 3715 | 4079 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 57-A, 6.25% 1/1/2056  | 2475 | 2784 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 59-A, 6.25% 1/1/2057  | 2485 | 2835 |
| Housing Fin. Agcy., Home Ownership Rev. Ref. Bonds, Series 42, 4.00% 1/1/2050  | 395 | 396 |
| Inlivian Multi Family Housing Rev. Bonds (Central at Old Concord), Series 2025, 3.30% 11/10/2043 (put 11/1/2028)  | 435 | 439 |
| Limited Obligation Rev. Ref. Bonds, Series 2026-A, 5.00% 6/1/2027  | 4000 | 4119 |
| Limited Obligation Rev. Ref. Bonds, Series 2025-B, 5.00% 5/1/2028  | 1840 | 1946 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (Deerfield Episcopal Retirement Community), <br> Series 2026-B-1, 4.00% 11/1/2031  | 3000 | 3002 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Lutheran Retirement Ministries Project), Series <br> 2019-A, 5.00% 1/1/2038  | 800 | 818 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-3, 4.25% <br> 9/1/2028  | 565 | 565 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-2, 4.50% <br> 9/1/2029  | 115 | 115 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-1, 4.75% <br> 9/1/2029  | 85 | 85 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-A, 5.00% <br> 9/1/2034  | 900 | 951 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (The United Methodist Retirement Homes <br> Project), Series 2024-A, 5.00% 10/1/2039  | 500 | 523 |
| Town of Morehead City, Multi Family Housing Rev. Bonds (Elijah's Landing), Series 2024, 4.05% 1/1/2028 (put <br> 1/1/2027)  | 1360 | 1373 |
| City of Raleigh, Housing Auth., Multi Family Housing Rev. Bonds (Tyron Flats), Series 2025, 2.95% 9/1/2059 (put <br> 3/1/2029)  | 2370 | 2367 |
| Turnpike Auth., Triangle Expressway System, Appropriation Rev. Bonds, CAB, Series 2019, 0% 1/1/2043  | 560 | 261 |
| City of Wilmington Housing Auth., Multi Family Housing Rev. Bonds (Avenue Flats), Series 2025, 2.95% 5/1/2044 (put <br> 5/1/2028)  | 800 | 800 |
|  |  | 59569 |
| **North Dakota 0.17%** | **North Dakota 0.17%** | **North Dakota 0.17%** |
| County of Cass, Joint Water Resource Dist., Temporary Rev. Ref. Improvement Bonds, Series 2024-A, 3.45% 4/1/2027  | 300 | 300 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2018-A, 4.00% 1/1/2049  | 1570 | 1573 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-A, 3.00% 1/1/2052  | 985 | 973 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-B, 3.00% 7/1/2052  | 1880 | 1848 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2023-A, 5.75% 7/1/2053  | 600 | 635 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **88** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **North Dakota (continued)** | **North Dakota (continued)** | **North Dakota (continued)** |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2023-D, 5.75% 1/1/2054  | USD<br> 105<br>| $112 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2024-D, 6.00% 7/1/2055  | 1860 | 2070 |
| County of Ward, Health Care Facs. Rev. Bonds (Trinity Obligated Group), Series 2017-C, 5.00% 6/1/2038  | 500 | 487 |
|  |  | 7998 |
| **Ohio 2.74%** | **Ohio 2.74%** | **Ohio 2.74%** |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-C, AMT, 3.70% 4/1/2028  | 4015 | 4027 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-A, AMT, 3.75% 1/1/2029  | 1000 | 1006 |
| Air Quality Dev. Auth., Air Quality Dev. Rev. Ref. Bonds (Duke Energy Corp. Project), Series 2022-B, AMT, 4.25% <br> 11/1/2039 (put 6/1/2027)  | 1000 | 1016 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (American Electric Co. Project), Series 2007-B, AMT, 2.50% <br> 11/1/2042 (put 10/1/2029)  | 1000 | 957 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (Ohio Valley Electric Corp. Project), Series 2019-A, 3.25% 9/1/2029  | 3030 | 3022 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 3.75% 1/15/2028 <sup>(a)</sup>  | 655 | 656 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 4.25% 1/15/2038 <sup>(a)</sup>  | 8000 | 8009 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 4.50% 1/15/2048 <sup>(a)</sup>  | 1000 | 924 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, Class 1, <br> 5.00% 6/1/2033  | 750 | 800 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, 5.00% <br> 6/1/2035  | 540 | 569 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, 4.00% <br> 6/1/2038  | 1000 | 980 |
| County of Butler, Port Auth. Econ. Dev. Facs., Rev. Ref. Bonds (Community First Solutions), Series 2021-A, 4.00% <br> 5/15/2046  | 1000 | 844 |
| Capital Facs. Lease Appropriation Bonds, Series 2021-A, 5.00% 2/1/2027  | 1000 | 1027 |
| Capital Facs. Lease Appropriation Bonds, Series 2025-B, 5.00% 10/1/2039  | 1720 | 1944 |
| Capital Facs. Lease Appropriation Bonds (Administrative Building Fund Projects), Series 2025-B, 5.00% 10/1/2037  | 3225 | 3691 |
| Capital Facs. Lease Appropriation Bonds (Administrative Building Fund Projects), Series 2025-B, 5.00% 10/1/2038  | 2850 | 3242 |
| Capital Facs. Lease Appropriation Bonds (Administrative Building Fund Projects), Series 2025-B, 5.00% 10/1/2039  | 2080 | 2327 |
| Cleveland-Cuyahoga Port Auth., Lease Rev. Ref. and Improvement Bonds (Constellation Schools Project), Series <br> 2024-A, 5.25% 1/1/2034 <sup>(a)</sup>  | 750 | 781 |
| Cleveland-Cuyahoga Port Auth., Tax Increment Fncg. Rev. and Rev. Ref. Bonds (Flats East Bank Project), Series 2021-A, <br> 4.00% 12/1/2055 <sup>(a)</sup>  | 250 | 192 |
| Columbus Regional Airport Auth., Airport Rev. Bonds (John Glenn Columbus International Airport), Series 2025-A, <br> AMT, 5.00% 1/1/2033  | 1800 | 2001 |
| Columbus-Franklin County Fin. Auth., Multi Family Housing Rev. Bonds (Dering Family Homes Project), Series 2023, <br> 5.00% 7/1/2045 (put 2/1/2027)  | 840 | 852 |
| Common Schools GO Bonds, Series 2025-A, 5.00% 6/15/2035  | 1000 | 1185 |
| County of Cuyahoga, Metropolitan Housing Auth., Multi Family Housing Rev. Bonds (Wade Park Apartments), Series <br> 2022, 3.32% 12/1/2027 (put 6/1/2026)  | 1595 | 1596 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2033  | 2000 | 2000 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2036  | 2000 | 1969 |
| County of Franklin, Hospital Facs. Rev. Bonds (OhioHealth Corp.), Series 2015, 5.00% 5/15/2040  | 3380 | 3386 |
| County of Franklin, Hospital Facs. Rev. Bonds (OhioHealth Corp.), Series 2015, 5.00% 5/15/2045  | 1860 | 1863 |
| County of Franklin, Hospital Facs. Rev. Ref. Bonds (Nationwide Children's Hospital), Series 2016-C, 5.00% 11/1/2031  | 540 | 603 |
| County of Franklin, Hospital Facs. Rev. Ref. Bonds (Nationwide Children's Hospital), Series 2016-C, 4.00% 11/1/2040  | 1000 | 1000 |
| GO Higher Education Bonds, Series 2025-A, 5.00% 5/1/2042  | 2500 | 2746 |
| GO Infrastructure Improvement Bonds, Series 2025-A, 5.00% 3/1/2032  | 1375 | 1572 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.50% 1/1/2043  | 500 | 520 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2038  | 2075 | 2324 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2041  | 3825 | 4125 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2042  | 925 | 987 |
| County of Hamilton, Metropolitan Sewer Dist. of Greater Cincinnati, Sewer System Rev. Ref. Bonds, Series 2024-B, <br> 5.00% 12/1/2031  | 1000 | 1136 |
| Higher Educational Facs. Commission, Hospital Parking Rev. Bonds (University Circle, Inc. 2020 Project), Series 2020, <br> 5.00% 1/15/2038  | 2265 | 2347 |
| Hospital Facs. Rev. Bonds (Children's Hospital Medical Center of Akron), Series 2024-B, 5.00% 8/15/2054 (put <br> 8/15/2032)  | 3205 | 3549 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2033 <sup>(a)</sup>  | 420 | 425 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2038 <sup>(a)</sup>  | 250 | 248 |
| Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2017-A, 3.25% 1/1/2035  | 1000 | 989 |

---

---

| | |
|:---|:---|
| **89** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Ohio (continued)** | **Ohio (continued)** | **Ohio (continued)** |
| Housing Fin. Agcy., Multi Family Housing Rev. Bonds (Harding Heights Apartments Project), Series 2025, 3.15% <br> 7/1/2045 (put 7/1/2028)  | USD<br> 3,270<br>| $3274 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2019-A, 4.50% <br> 9/1/2049  | 2115 | 2137 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2022-A, 3.25% <br> 9/1/2052  | 545 | 540 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2023-A, 5.50% <br> 3/1/2053  | 855 | 903 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-A, 6.25% <br> 3/1/2055  | 715 | 777 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-B, 6.25% <br> 3/1/2055  | 2420 | 2652 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2025-B, 6.50% <br> 3/1/2056  | 5000 | 5706 |
| County of Lucas, Hospital Rev. Bonds (Promedica Healthcare Obligated Group), Series 2015-B, 4.00% 11/15/2045  | 1895 | 1653 |
| Miami University, General Receipts and Rev. Ref. Bonds, Series 2024-A, 5.00% 9/1/2038  | 1000 | 1124 |
| County of Montgomery, Hospital Facs. Rev. Bonds (Dayton Children's Hospital), Series 2021, 4.00% 8/1/2037  | 2100 | 2157 |
| Ohio State University, General Receipts Green Bonds (Multiyear Debt Issuance Program II), Series 2023-B, 5.00% <br> 12/1/2034  | 1315 | 1506 |
| Ohio State University, General Receipts Green Bonds (Multiyear Debt Issuance Program III), Series 2026-A, 5.00% <br> 6/1/2035  | 15000 | 17632 |
| County of Summit, Dev. Fin. Auth. Multi Family Housing Rev. Bonds (Wintergreen Ledges Apartments), Series 2025, <br> 5.00% 4/1/2028 (put 4/1/2027)  | 3755 | 3844 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2033  | 975 | 1088 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2034  | 900 | 1007 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2036  | 1130 | 1242 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2037  | 1000 | 1091 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2038  | 775 | 840 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2041  | 1200 | 1263 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2044  | 1010 | 1035 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2019-A, 5.00% <br> 7/1/2027  | 740 | 761 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2033  | 875 | 882 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2034  | 1000 | 1008 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2035  | 1000 | 1007 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2036  | 580 | 584 |
| Water Dev. Auth., Water Pollution Control Loan Fund Rev. Bonds, Series 2024-D, 5.00% 12/1/2033  | 2000 | 2342 |
|  |  | 131492 |
| **Oklahoma 0.41%** | **Oklahoma 0.41%** | **Oklahoma 0.41%** |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2023-C, 6.00% <br> 3/1/2054  | 705 | 773 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2024-A, 6.00% <br> 9/1/2054  | 1665 | 1826 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-A, 6.25% <br> 9/1/2056  | 2340 | 2636 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-C, 6.50% <br> 3/1/2057  | 3000 | 3444 |
| Norman Regional Hospital Auth., Hospital Rev. Ref. Bonds (Norman Regional Hospital Auth. Obligated Group), Series <br> 2017, 5.00% 9/1/2037  | 1420 | 1179 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **90** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Oklahoma (continued)** | **Oklahoma (continued)** | **Oklahoma (continued)** |
| Oklahoma City Water Utilities Trust, Water and Sewer System Rev. Ref. Bonds, Series 2016, 4.00% 7/1/2042 (preref. <br> 7/1/2026)  | USD<br> 2,000<br>| $2014 |
| Oklahoma City Water Utilities Trust, Water and Sewer System Rev. Ref. Bonds, Series 2016, 4.00% 7/1/2046 (preref. <br> 7/1/2026)  | 2000 | 2014 |
| Trustees of the Tulsa Municipal Airport Trust, Rev. Bonds (American Airlines, Inc. Project), Series 2025, AMT, 6.25% <br> 12/1/2040  | 1000 | 1111 |
| Turnpike Auth., Turnpike System Rev. Bonds, Series 2025-A, 5.00% 1/1/2038  | 4000 | 4575 |
|  |  | 19572 |
| **Oregon 0.76%** | **Oregon 0.76%** | **Oregon 0.76%** |
| Dept. of Administrative Services, State Lottery Rev. Ref. Bonds, Series 2025-A, 5.00% 4/1/2037  | 1000 | 1163 |
| Clackamas Community College Dist., GO Rev. Ref. Bonds, Series 2025, 5.00% 6/15/2042  | 1500 | 1654 |
| GO Bonds, Series 2021-A, 5.00% 5/1/2026  | 1050 | 1059 |
| GO Bonds, Series 2021-A, 5.00% 5/1/2029  | 1015 | 1100 |
| GO Bonds (Article XI-Q State Projects), Series 2019-A, 5.00% 5/1/2027  | 1405 | 1452 |
| GO Bonds (Article XI-Q State Projects), Series 2023-A, 5.00% 5/1/2034  | 500 | 576 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.00% 5/1/2037  | 950 | 1108 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.25% 5/1/2043  | 2000 | 2233 |
| GO Bonds (Veteran's Welfare Bonds Series 111), Series 2023-E, 5.50% 12/1/2053  | 225 | 241 |
| GO Rev. Ref. Bonds (Article XI-G State Projects), Series 2025-G, 5.00% 8/1/2041  | 375 | 420 |
| Housing and Community Services Dept., Housing Dev. Rev. Bonds (Gresham Civic Station Apartments Project), Series <br> 2025-Q, 3.125% 7/1/2044 (put 7/1/2028)  | 1000 | 1003 |
| Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series 2024-C, <br> 6.50% 7/1/2054  | 2545 | 2826 |
| County of Multnomah, Hospital Facs. Auth., Rev. and Rev. Ref. Green Bonds (Exempt Terwilliger Plaza - Parkview <br> Project), Series 2021-A, 4.00% 12/1/2041  | 765 | 682 |
| Port of Portland, Portland International Airport Rev. Green Bonds, Series 30-A, AMT, 5.25% 7/1/2041  | 3165 | 3454 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2030  | 2990 | 3259 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2031  | 3155 | 3492 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2032  | 3260 | 3632 |
| Dept. of Transportation, Highway User Tax Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2031  | 1705 | 1941 |
| Washington County, Full Faith and Credit Obligations, Series 2025, 5.00% 6/1/2037  | 4645 | 5404 |
|  |  | 36699 |
| **Pennsylvania 2.75%** | **Pennsylvania 2.75%** | **Pennsylvania 2.75%** |
| County of Adams, General Auth. Rev. Bonds (The Brethren Home Community Project), Series 2024-A, 5.00% 6/1/2044  | 2350 | 2365 |
| County of Allegheny, Hospital Dev. Auth., UPMC Rev. Bonds, Series 2019-A, 4.00% 7/15/2037  | 3270 | 3281 |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), Series 2024-A-3, 5.00% 6/30/2039  | 4947 | 4458 |
| County of Berks, Municipal Auth., Rev. Bonds (Tower Health Project), Series 2024-A-2, 6.00% 6/30/2034  | 631 | 678 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2029  | 1155 | 1179 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2030  | 515 | 526 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2031  | 660 | 674 |
| County of Chester, Industrial Dev. Auth., Rev. Notes (Avon Grove Charter School Project), Series 2024, 5.00% 3/1/2027  | 345 | 348 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2024, 5.375% 7/1/2039 <sup>(a)</sup>  | 110 | 121 |
| Econ. Dev. Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Service, Inc. Project), Series 2010-B, 2.875% 12/1/2030 <br> (put 4/1/2026)  | 395 | 395 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Penndot Major Bridges Package One Project), Series 2022, <br> AMT, 5.25% 6/30/2035  | 1000 | 1101 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2034  | 3430 | 3446 |
| Econ. Dev. Fncg. Auth., Rev. Bonds (Presbyterian Senior Living Project), Series 2023-B-2, 5.00% 7/1/2038  | 800 | 840 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Noble Environmental, Inc. Project), Series 2025, AMT, 6.875% <br> 9/1/2047 <sup>(a)</sup>  | 1235 | 1281 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2011, AMT, 4.25% <br> 7/1/2041 (put 7/1/2027)  | 15000 | 15167 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2021-A-2, AMT, <br> 4.60% 10/1/2046 (put 10/1/2026)  | 1000 | 1004 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2019-A, AMT, <br> 3.45% 4/1/2034 (put 1/15/2026)  | 2280 | 2280 |
| Econ. Dev. Fncg. Auth., UPMC Rev. Bonds, Series 2020-A, 4.00% 4/15/2039  | 500 | 496 |
| Erie County School Dist., Limited Tax GO Bonds, Series 2019-A, AGI, 5.00% 4/1/2031  | 525 | 559 |

---

---

| | |
|:---|:---|
| **91** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| GO Bonds, Series 2016, AGI, 5.00% 9/15/2026  | USD<br> 560<br>| $570 |
| Health and Education Facs. Auth., Rev. Bonds (Tel Hai Retirement Community Project), Series 2025, 5.00% 6/1/2033  | 1285 | 1401 |
| Health and Education Facs. Auth., Rev. Bonds (Tel Hai Retirement Community Project), Series 2025, 5.00% 6/1/2034  | 1355 | 1483 |
| Health and Education Facs. Auth., Rev. Bonds (Tel Hai Retirement Community Project), Series 2025, 5.125% 6/1/2046  | 745 | 753 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2032  | 2150 | 2311 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2033  | 1390 | 1496 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2020, 2.45% 6/1/2041  | 250 | 229 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.00% 6/1/2044  | 225 | 223 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 4.125% 6/1/2045  | 263 | 259 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 4.75% 6/1/2046  | 1388 | 1372 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2017-125-B, 3.65% 10/1/2042  | 1000 | 936 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2018-126-A, 4.00% 10/1/2048  | 1960 | 1964 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2022-140-A, 5.00% 10/1/2052  | 1535 | 1594 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2023-141-A, 5.75% 10/1/2053  | 630 | 670 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-144A, 6.00% 10/1/2054  | 755 | 817 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-146A, 6.25% 10/1/2054  | 2655 | 2909 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-147-A, 6.25% 10/1/2054  | 2965 | 3267 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2025-150-A, 6.25% 10/1/2055  | 6485 | 7351 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2025-149-A, 6.50% 10/1/2055  | 1875 | 2147 |
| Housing Fin. Agcy., Special Limited Obligation Multi Family Housing Dev. Bonds (Fairhill Phase I), Series 2025, 3.15% <br> 1/1/2046 (put 7/1/2029)  | 2000 | 2006 |
| Housing Fin. Agcy., Special Limited Obligation Multi Family Housing Dev. Bonds (Fairhill Phase II), Series 2025, 3.15% <br> 1/1/2046 (put 7/1/2029)  | 1340 | 1344 |
| County of Lancaster, Hospital Auth., Health Center Rev. Bonds (Masonic Villages Project), Series 2023, 5.125% <br> 11/1/2038  | 360 | 391 |
| Lancaster County, Hospital Auth., Health Center Rev. Bonds (Brethren Village Project), Series 2017, 5.125% 7/1/2037  | 1035 | 1037 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2031  | 210 | 226 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2032  | 305 | 331 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2033  | 400 | 436 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2034  | 420 | 457 |
| County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh Valley), Series 2024-A, 5.10% 6/15/2039 <sup>(e)</sup>  | 4890 | 4932 |
| County of Montgomery, Industrial Dev. Auth., Exempt Facs. Rev. Ref. Bonds (Constellation Energy Generation, LLC <br> Project), Series 2023-C, 4.10% 6/1/2029  | 1290 | 1342 |
| County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2016, 5.00% 11/15/2033  | 1960 | 1985 |
| County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2025-A, 5.00% 11/15/2042  | 7000 | 7274 |
| Pennsylvania State University Bonds, Series 2025-A, 5.00% 9/1/2042  | 2500 | 2749 |
| Pennsylvania State University Bonds, Series 2025-A, 5.00% 9/1/2043  | 1180 | 1284 |
| City of Philadelphia, Hospitals and Higher Education Facs. Auth., Hospital Rev. Bonds (Temple University Health <br> System Obligated Group), Series 2017, 5.00% 7/1/2031  | 1000 | 1018 |
| City of Philadelphia, Hospitals and Higher Education Facs. Auth., Hospital Rev. Bonds (Temple University Health <br> System Obligated Group), Series 2017, 5.00% 7/1/2032  | 1000 | 1016 |
| City of Philadelphia, Industrial Dev. Auth., Hospital Rev. Bonds (The Children's Hospital of Philadelphia Project), Series <br> 2017, 5.00% 7/1/2034  | 980 | 1010 |
| Philadelphia School Dist., GO Bonds, Series 2019-A, NATL,5.00% 9/1/2026  | 500 | 507 |
| Philadelphia School Dist., GO Bonds, Series 2016-F, 5.00% 9/1/2028  | 2750 | 2791 |
| Philadelphia School Dist., GO Green Bonds, Series 2023-B, 5.25% 9/1/2038  | 1000 | 1125 |
| Philadelphia School Dist., GO Rev. Ref. Bonds, Series 2007-A, FGIC-NATL, 5.00% 6/1/2034  | 6000 | 6838 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home Project), <br> Series 2021-A, 4.00% 11/15/2036  | 365 | 356 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2019-A, 5.00% 12/1/2027  | 500 | 522 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2024-C, 5.00% 12/1/2038  | 1520 | 1732 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2025-B, 5.25% 12/1/2044  | 2000 | 2207 |
| Turnpike Commission, Turnpike Rev. Ref. Bonds, Series 2025-2, 5.00% 12/1/2045 (put 12/1/2032)  | 960 | 1075 |
| University of Pittsburgh, Commonwealth System of Higher Education, Asset Notes, Series 2025, 5.00% 4/15/2032  | 7500 | 8545 |
| University of Pittsburgh, Commonwealth System of Higher Education, Asset Notes, Series 2025-A, 5.00% 2/15/2036  | 4290 | 5077 |
| County of Westmoreland, Industrial Dev. Auth., Health System Rev. Bonds (Excela Health Project), Series 2020-A, 4.00% <br> 7/1/2026  | 500 | 501 |
|  |  | 132065 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **92** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Puerto Rico 2.35%** | **Puerto Rico 2.35%** | **Puerto Rico 2.35%** |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 5.00% 7/1/2033 <sup>(a)</sup>  | USD<br> 500<br>| $523 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2035 <sup>(a)</sup>  | 1500 | 1554 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2022-A, 5.00% 7/1/2037 <sup>(a)</sup>  | 1860 | 1931 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2042 <sup>(a)</sup>  | 2500 | 2366 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(f)</sup>  | 95 | 63 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2017 <sup>(f)</sup>  | 1365 | 911 |
| Electric Power Auth., Power Rev. Bonds, Series 2016-B-4, 10.00% 7/1/2019 <sup>(f)</sup>  | 450 | 300 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.375% 7/1/2023 <sup>(f)</sup>  | 70 | 47 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(f)</sup>  | 190 | 127 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-EEE, 6.05% 7/1/2032  | 2325 | 1558 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, NATL, 4.75% 7/1/2033  | 320 | 314 |
| Electric Power Auth., Power Rev. Bonds, Series 2013-A, 6.75% 7/1/2036 <sup>(f)</sup>  | 465 | 312 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(f)</sup>  | 4080 | 2734 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(f)</sup>  | 695 | 466 |
| Electric Power Auth., Power Rev. Custodial Receipts, Series 2025-PRB-RR, 0% 7/1/2030 <sup>(a)</sup>  | 2500 | 1631 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(f)</sup>  | 1400 | 935 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, AGI, (3-month USD CME Term SOFR x 0.67 + 0.52%) <br> 3.359% 7/1/2029 <sup>(b)</sup>  | 1015 | 984 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2033  | 1532 | 1533 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2037  | 8945 | 8680 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2041  | 2673 | 2474 |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(b)</sup>  | 47546 | 30489 |
| GO Taxable Bonds, Series 2022, 5.25% 11/1/2051 <sup>(b)</sup>  | 7500 | 2541 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 26396 | 17289 |
| Housing Fin. Auth., Collateralized Multi Family Housing Rev. Bonds (Mirador Las Casas Project), Series 2023-B, 5.00% <br> 3/1/2027 (put 3/1/2026)  | 1200 | 1204 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds <br> (Hospital Auxilio Mutuo Obligated Group Project), Series 2021, 5.00% 7/1/2033  | 435 | 464 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds <br> (Hospital Auxilio Mutuo Obligated Group Project), Series 2021, 4.00% 7/1/2041  | 455 | 413 |
| Public Fin. Corp., Commonwealth Appropriation Bonds, Series 2001-E, 6.00% 8/1/2026 (escrowed to maturity)  | 1285 | 1308 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 23853 | 23367 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 5682 | 5566 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2046  | 2000 | 672 |
|  |  | 112756 |
| **Rhode Island 0.14%** | **Rhode Island 0.14%** | **Rhode Island 0.14%** |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.125% 12/1/2041  | 740 | 730 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-A, AMT, 4.125% 12/1/2043  | 330 | 322 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.125% 12/1/2043  | 1085 | 1053 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2025-1, AMT, 5.00% 12/1/2044  | 3460 | 3487 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2020-A, AMT, 3.625% 12/1/2037  | 455 | 449 |
| Tobacco Settlement Fin. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2015-A, 5.00% 6/1/2026  | 500 | 502 |
|  |  | 6543 |
| **South Carolina 1.59%** | **South Carolina 1.59%** | **South Carolina 1.59%** |
| Connector 2000 Assn., Inc., Toll Road Rev. Bonds, CAB, Series 2011-A-1, 0% 1/1/2032  | 12049 | 8622 |
| County of Dorchester, Summers Corner Improvement Dist., Assessment Rev. Bonds, Series 2023, 4.50% 10/1/2033  | 210 | 212 |
| City of Greenville, Housing Auth., Multi Family Housing Rev. Bonds (Cherokee Landing Apartments Project), Series <br> 2023, 5.00% 7/1/2027 (put 7/1/2026)  | 800 | 807 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-B, 6.00% 1/1/2055  | 4055 | 4488 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2025-A, 6.50% 7/1/2055  | 4290 | 4870 |
| Jobs-Econ. Dev. Auth., Environmental Improvement Rev. Ref. Bonds (International Paper Company Project), Series <br> 2023-A, AMT, 4.00% 4/1/2033 (put 4/1/2026)  | 5645 | 5652 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (Rolling Green Village Project), Series 2025-B, 4.00% <br> 12/1/2030  | 2575 | 2587 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (Rolling Green Village Project), Series 2025-A, 5.50% <br> 12/1/2045  | 850 | 857 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2045  | 2120 | 2310 |

---

---

| | |
|:---|:---|
| **93** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **South Carolina (continued)** | **South Carolina (continued)** | **South Carolina (continued)** |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2046  | USD<br> 10,000<br>| $10784 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2048  | 5000 | 5346 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2049  | 6000 | 6392 |
| Jobs-Econ. Dev. Auth., Hospital Facs. Rev. Bonds (Bon Secours Mercy Health, Inc.), Series 2025-A, 5.25% 11/1/2042  | 1875 | 2076 |
| Jobs-Econ. Dev. Auth., Retirement Community Rev. Bonds (Seafields at Kiawah Island Project), Series 2023-B-1, 5.75% <br> 11/15/2029  | 2500 | 2500 |
| Patriots Energy Group Fncg. Agcy., Gas Supply Rev. Bonds, Series 2023-B-1, 5.25% 2/1/2054 (put 3/1/2031)  | 1000 | 1082 |
| Public Service Auth., Rev. Improvement Obligations (Santee Cooper), Series 2025-A, 5.00% 12/1/2040  | 940 | 1036 |
| Public Service Auth., Rev. Improvement Obligations (Santee Cooper), Series 2025-A, 5.00% 12/1/2041  | 1500 | 1635 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2022-A, 5.00% 12/1/2034  | 4005 | 4442 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2022-A, 5.00% 12/1/2039  | 2000 | 2156 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 12/1/2041  | 1000 | 1009 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2029  | 2870 | 2896 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2033  | 500 | 504 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2038  | 1465 | 1474 |
| Spartanburg Regional Health Services Dist., Hospital Rev. Ref. Bonds, Series 2022, 5.00% 4/15/2031  | 2595 | 2868 |
|  |  | 76605 |
| **South Dakota 0.25%** | **South Dakota 0.25%** | **South Dakota 0.25%** |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2023-G, 6.25% 5/1/2055  | 550 | 596 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2024-A, 6.25% 5/1/2055  | 4275 | 4658 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2025-A, 6.50% 11/1/2055  | 6100 | 6943 |
|  |  | 12197 |
| **Tennessee 1.16%** | **Tennessee 1.16%** | **Tennessee 1.16%** |
| Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Multi Family <br> Rev. Bonds (Stone Bridge Lofts Project), Series 2022-B, 3.35% 4/12026  | 1875 | 1875 |
| Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds <br> (Vanderbilt University Medical Center), Series 2016-A, 5.00% 7/1/2035  | 7335 | 7396 |
| Health and Educational Facs. Board, Rev. Bonds (Ascension Senior Credit Group), Series 2025-B-1, 5.00% 11/15/2048 <br> (put 2/1/2028)  | 4425 | 4841 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2017-2A, AMT, 4.00% 1/1/2042  | 265 | 265 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2019-1, 4.25% 1/1/2050  | 715 | 720 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2025-2-A, 6.00% 1/1/2056  | 4315 | 4834 |
| City of Johnson City, Health and Educational Facs. Board, Hospital Rev. Ref. Bonds (Ballad Health), Series 2023-A, <br> 5.00% 7/1/2032  | 10000 | 11124 |
| County of Knox, Health, Educational and Housing Fac. Board, Multi Family Housing Rev. Bonds (The Pines Apartments <br> Project), Series 2024, 3.10% 9/1/2029 (put 9/1/2027)  | 690 | 690 |
| County of Knox, Health, Educational and Housing Fac. Board, Student Housing Rev Bonds (Provident Group - UTK <br> Properties, LLC - University of Tennessee Project), Series 2024-A-1, BAM, 5.00% 7/1/2038  | 290 | 315 |
| County of Knox, Health, Educational and Housing Fac. Board, Student Housing Rev Bonds (Provident Group - UTK <br> Properties, LLC - University of Tennessee Project), Series 2024-B-1, BAM, 5.00% 7/1/2044  | 2000 | 2068 |
| Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Grosvenor Square Project), Series 2022, <br> 4.00% 12/1/2027 (put 6/1/2026)  | 1725 | 1729 |
| Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Willow Place Project), Series 2022, 3.75% <br> 12/1/2027 (put 6/1/2026)  | 150 | 150 |
| Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Willow Place Project), Series 2023, 3.75% <br> 12/1/2027 (put 6/1/2026)  | 1000 | 1003 |
| City of Memphis, Electric System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2028  | 945 | 1012 |
| City of Memphis, Electric System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2029  | 410 | 449 |
| City of Memphis, Electric System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2030  | 350 | 390 |
| Tennessee Energy Acquisition Corp., Gas Project Rev. Ref. Bonds, Series 2025-A, 5.00% 12/1/2035  | 14315 | 15405 |
| County of Williamson, GO Public Improvement and School Bonds, Series 2019, 5.00% 4/1/2026  | 235 | 237 |
| County of Williamson Industrial Dev. Board, Multi Family Housing Rev. Bonds (Wood Duck Court Apartments), Series <br> 2023, 5.00% 5/1/2042 (put 5/1/2027)  | 1105 | 1123 |
|  |  | 55626 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **94** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas 12.79%** | **Texas 12.79%** | **Texas 12.79%** |
| Affordable Housing Corp., Multi Family Housing Rev. Bonds (Juniper Creek Apartments Project), Series 2023, 3.75% <br> 7/1/2044 (put 7/1/2026)  | USD<br> 405<br>| $406 |
| Affordable Housing Corp., Multi Family Housing Rev. Bonds (Norman Commons), Series 2023, 3.625% 1/1/2045 (put <br> 1/1/2027)  | 3140 | 3160 |
| Airport System Facs. Rev. Bonds (United Airlines, Inc. Technical Operations Center Project), Series 2018, AMT, 5.00% <br> 7/15/2028  | 2245 | 2307 |
| Alamo Community College Dist., Limited Tax Bonds, Series 2021, 5.00% 8/15/2026  | 2150 | 2183 |
| Allen Independent School Dist. Unlimited Tax Rev. Ref. Bonds, Series 2025-A, 5.00% 2/15/2027  | 1375 | 1412 |
| Allen Independent School Dist. Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2042  | 1100 | 1190 |
| AM Bidco Operations, LLC, Term Loan, 8.50% PIK 10/21/2027 <sup>(g)(h)(i)</sup>  | 510 | 510 |
| Anna Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.25% 2/15/2050  | 2465 | 2633 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Basis Texas Charter Schools, Inc.), Series 2024, 4.50% <br> 6/15/2044 <sup>(a)</sup>  | 885 | 813 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 4.50% <br> 8/15/2039  | 390 | 387 |
| City of Arlington, Water and Wastewater System Rev. Ref. and Improvement Bonds, Series 2024, 5.00% 6/1/2036  | 1445 | 1649 |
| Aubrey Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/2039  | 1140 | 1245 |
| Austin Affordable PFC, Inc., Multi Family Housing Rev. Bonds (Eagle's Landing Family Apartments), Series 2024-B, <br> 5.00% 9/1/2028 (put 9/1/2027)  | 195 | 202 |
| Austin Affordable PFC, Inc., Multi Family Housing Rev. Bonds (Village at Cottonwood Apartments), Series 2024-B, <br> 5.00% 9/1/2028 (put 9/1/2027)  | 160 | 165 |
| Austin Community College Dist., Limited Tax Bonds, Series 2023, 5.00% 8/1/2039  | 1000 | 1103 |
| City of Austin, Airport System Rev. Bonds, Series 2019-B, AMT, 5.00% 11/15/2033  | 1000 | 1057 |
| City of Austin, Airport System Rev. Ref. Bonds, Series 2025, AMT, 5.00% 11/15/2041  | 1500 | 1607 |
| City of Austin, Airport System Rev. Ref. Bonds, Series 2025, AMT, 5.00% 11/15/2042  | 1585 | 1679 |
| City of Austin, Electric Utility System Rev. Ref. Bonds, Series 2015-A, 5.00% 11/15/2031  | 1000 | 1000 |
| City of Austin, Public Improvement and Rev. Ref. Bonds, Series 2025, 5.00% 9/1/2040  | 2000 | 2252 |
| City of Austin, Public Improvement and Rev. Ref. Bonds, Series 2025, 5.00% 9/1/2042  | 2250 | 2488 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2036  | 1500 | 1682 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2037  | 1250 | 1391 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2038  | 1750 | 1938 |
| Berry Creek Highlands Municipal Dist., Unlimited Tax Bonds, Series 2025, BAM, 4.50% 9/1/2042  | 1025 | 1018 |
| County of Bexar, Hospital Dist., Limited Tax Rev. Ref. Bonds, Series 2019, 5.00% 2/15/2034  | 1750 | 1825 |
| Boerne Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2023, 3.125% 2/1/2053 (put <br> 2/1/2027)  | 485 | 486 |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC Project), <br> Series 2022, AMT, 10.00% 6/1/2042 <sup>(a)(b)(f)</sup>  | 11 | 1 |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC Project), <br> Series 2023, AMT, 12.00% 6/1/2043 <sup>(a)(f)</sup>  | 59 | 6 |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Gladieux Metals Recycling, LLC Project), <br> Series 2019-B, AMT, 7.00% 3/1/2039 <sup>(f)</sup>  | 625 | 63 |
| Brazoria County Municipal Utility Dist. No. 40, Unlimited Tax Bonds, Series 2025, AGI, 4.375% 9/1/2041  | 1545 | 1550 |
| Brazoria County Municipal Utility Dist. No. 40, Unlimited Tax Bonds, Series 2025, AGI, 4.50% 9/1/2043  | 1705 | 1705 |
| Brazoria County Municipal Utility Dist. No. 40, Unlimited Tax Bonds, Series 2025, AGI, 4.625% 9/1/2045  | 1880 | 1879 |
| County of Brazoria, Municipal Utility Dist. No. 42, Unlimited Tax Bonds, Series 2025, 4.625% 4/1/2043  | 1270 | 1259 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2024-1-A, AMT, 4.00% 4/1/2045  | 1055 | 961 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 4.50% 4/1/2046  | 6505 | 6629 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area No. 1), <br> Series 2025, 5.875% 9/1/2045 <sup>(a)</sup>  | 240 | 240 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area Project), <br> Series 2025, 5.75% 9/1/2033 <sup>(a)</sup>  | 241 | 244 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area Project), <br> Series 2025, 6.625% 9/1/2045 <sup>(a)</sup>  | 506 | 506 |
| County of Caldwell, Municipal Utility Dist. No. 2, Unlimited Tax Road Bonds, Series 2024-B, 4.375% 9/1/2041  | 1005 | 968 |
| County of Caldwell, Municipal Utility Dist. No. 2, Unlimited Tax Road Bonds, Series 2024-A, 4.375% 9/1/2043  | 1095 | 1035 |
| Cedar Hill Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2038  | 1820 | 2047 |
| Celina Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2042  | 3420 | 3727 |
| Central Texas Regional Mobility Auth., Rev. Bonds, Series 2021-B, 5.00% 1/1/2032  | 500 | 552 |
| Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2021-D, 5.00% 1/1/2030  | 2130 | 2319 |
| Clear Creek Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2016, 3.00% 2/15/2033  | 1000 | 1000 |
| Clear Creek Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024-A, 5.00% 2/15/2033  | 595 | 684 |
| Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2043  | 4755 | 5065 |

---

---

| | |
|:---|:---|
| **95** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2044  | USD<br> 3,780<br>| $3990 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2018, 5.00% 8/15/2027  | 1000 | 1037 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2022-A, 3.00% 8/15/2051  | 2000 | 1395 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2023-A, 5.75% 6/15/2038 <sup>(a)</sup>  | 500 | 506 |
| Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (Idea Public Schools), Series 2024, 5.00% 8/15/2039  | 1000 | 1083 |
| Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (International Leadership of Texas, Inc.), Series 2024-A, <br> 5.00% 8/15/2038  | 105 | 114 |
| Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (International Leadership of Texas, Inc.), Series 2025-B, <br> 4.00% 2/15/2055 (put 2/15/2030)  | 1680 | 1756 |
| College Student Loan GO Bonds, Series 2019, AMT, 5.00% 8/1/2027  | 1000 | 1033 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 4.00% 2/15/2035  | 2400 | 2782 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 5.00% 2/15/2036  | 1000 | 1151 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series 2024, <br> 5.00% 2/15/2040  | 1165 | 1288 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 5.00% 2/15/2040  | 1000 | 1111 |
| Comal County Water Control and Improvement Dist. No. 6, Unlimited Tax Bonds, Series 2025, AGI, 4.25% 9/1/2043  | 1340 | 1289 |
| Comal Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2025, 5.00% 2/1/2043  | 615 | 666 |
| Conroe Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2034  | 2440 | 2790 |
| Conroe Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2037  | 1630 | 1852 |
| Crowley Independent School Dist., Unlimited Tax School Building Bonds, Series 2019, 5.00% 8/1/2031  | 1045 | 1120 |
| Cypress-Fairbanks Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2032  | 1000 | 1135 |
| Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. and Improvement Bonds, Series <br> 2025-A, AMT, 5.00% 11/1/2032  | 7000 | 7747 |
| City of Dallas, GO Rev. Ref. and Improvement Bonds, Series 2024-C, 5.00% 2/15/2032  | 1750 | 1980 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2015-A, 4.00% 10/1/2033  | 500 | 500 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2024, 5.00% 10/1/2036  | 1090 | 1252 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2020-C, 5.00% 10/1/2038  | 1440 | 1550 |
| Dallas Area Rapid Transit Sales Tax Rev. Improvement and Rev. Ref. Bonds, Series 2020-A, 5.00% 12/1/2028  | 1080 | 1154 |
| Dallas Area Rapid Transit Sales Tax Rev. Ref. Bonds, Series 2019, 5.00% 12/1/2034  | 2500 | 2686 |
| Dallas Independent School Dist., Unlimited Tax School Building Bonds, Series 2019-B, 3.00% 2/15/2034  | 1000 | 987 |
| Dallas Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2034  | 1605 | 1834 |
| City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (Highpoint at Wynnewood), Series 2022, 3.50% <br> 2/1/2044 (put 2/1/2026)  | 2900 | 2900 |
| City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (Palladium Buckner Station), Series 2025, 3.05% <br> 8/1/2030 (put 8/1/2028)  | 1655 | 1658 |
| City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (West Virginia Apartments), Series 2024-B, 5.00% <br> 10/1/2028 (put 10/1/2027)  | 195 | 201 |
| City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Notes (Estates at Ferguson), Series 2023, 5.00% 7/1/2042 <br> (put 7/1/2027)  | 420 | 428 |
| Del Valle Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 6/15/2036  | 1525 | 1674 |
| County of Denton, Special Assessment Rev. Bonds (Duck Point Public Improvement Dist.), Series 2025, 4.625% <br> 12/31/2035 <sup>(a)</sup>  | 500 | 509 |
| County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major Improvement <br> Area Project), Series 2025, 4.50% 12/31/2035 <sup>(a)</sup>  | 750 | 779 |
| County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major Improvement <br> Area Project), Series 2025, 5.00% 12/31/2035 <sup>(a)</sup>  | 810 | 841 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-A, 4.625% 12/31/2031 <sup>(a)</sup>  | 194 | 197 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-A, 5.25% 12/31/2044 <sup>(a)</sup>  | 360 | 360 |
| Denton County Municipal Utility Dist. No. 16, Unlimited Tax Road Bonds, Series 2025, 4.25% 9/1/2037  | 1385 | 1387 |
| Denton County Municipal Utility Dist. No. 16, Unlimited Tax Road Bonds, Series 2025, 4.50% 9/1/2040  | 1010 | 1010 |
| Denton Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025-C, 5.00% 8/15/2028  | 2500 | 2658 |
| Denton Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025-C, 5.00% 8/15/2034  | 1410 | 1644 |
| Denton Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 8/15/2037  | 1390 | 1561 |
| Driftwood Conservation Dist., Unlimited Tax Utility Bonds, Series 2025, AGI, 4.125% 4/1/2039  | 900 | 901 |
| Driftwood Conservation Dist., Unlimited Tax Utility Bonds, Series 2025, AGI, 4.375% 4/1/2041  | 1000 | 1002 |
| Driftwood Conservation Dist., Unlimited Tax Utility Bonds, Series 2025, AGI, 4.50% 4/1/2043  | 1110 | 1107 |
| Duncanville Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2040  | 1085 | 1183 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **96** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| County of Ellis, Municipal Utility Dist. No. 1B, Unlimited Tax Utility Bonds, Series 2025, 4.375% 9/1/2037  | USD<br> 1,025<br>| $1041 |
| Forney Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2025, 5.25% 8/15/2041  | 500 | 565 |
| Forney Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2025, 5.25% 8/15/2042  | 1000 | 1117 |
| Fort Bend County Municipal Utility Dist. No. 250, Contract Rev. Bonds, Series 2025, 4.25% 11/1/2037  | 1490 | 1496 |
| Fort Bend County Municipal Utility Dist. No. 253, Unlimited Tax Road Bonds, Series 2025, BAM, 4.50% 9/1/2042  | 1085 | 1088 |
| Fort Bend Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024-A, 5.00% <br> 8/15/2043  | 3640 | 3908 |
| Fort Bend Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024-A, 5.00% <br> 8/15/2044  | 2570 | 2736 |
| Fort Worth Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2038  | 1000 | 1125 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2035  | 1210 | 1226 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2042  | 1070 | 1014 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2045  | 1235 | 1169 |
| County of Fort Bend, Municipal Utility Dist. No. 232, Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2043  | 1250 | 1161 |
| City of Fort Worth, Water and Sewer System Rev. Bonds, Series 2024, 5.00% 2/15/2031  | 1350 | 1501 |
| Galena Park Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2038  | 1180 | 1345 |
| Galena Park Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2039  | 2045 | 2314 |
| County of Galveston, Municipal Utility Dist. No. 36, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2036  | 1180 | 1175 |
| County of Galveston, Municipal Utility Dist. No. 79, Unlimited Tax Bonds, Series 2024, 4.625% 4/1/2047  | 1000 | 920 |
| Galveston County Municipal Utility Dist. No. 59, Unlimited Tax Bonds, Series 2025, AGI, 4.375% 6/1/2041  | 1080 | 1080 |
| Galveston County Municipal Utility Dist. No. 59, Unlimited Tax Bonds, Series 2025, AGI, 4.375% 6/1/2043  | 1200 | 1171 |
| Greenwood Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2035  | 1275 | 1441 |
| Harlingen Consolidated Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2020, 5.00% 8/15/2032  | 1020 | 1104 |
| County of Harris, Municipal Utility Dist. No. 478, Contract Rev. Road Bonds, Series 2025-A, 4.875% 12/1/2038  | 1055 | 1077 |
| County of Harris, Municipal Utility Dist. No. 478, Contract Rev. Road Bonds, Series 2025, 4.375% 12/1/2041  | 1330 | 1278 |
| County of Harris, Municipal Utility Dist. No. 493, Unlimited Tax Road Bonds, Series 2024, 4.00% 9/1/2039  | 1050 | 1023 |
| County of Harris, Municipal Utility Dist. No. 532, Unlimited Tax Road Bonds, Series 2025, BAM, 4.50% 9/1/2045  | 1050 | 1027 |
| County of Harris, Municipal Utility Dist. No. 572, Unlimited Tax Bonds, Series 2025, 4.375% 4/1/2040  | 1070 | 1068 |
| County of Harris, Municipal Utility Dist. No. 578, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2041  | 1105 | 1049 |
| County of Harris, Municipal Utility Dist. No. 578, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2046  | 1085 | 985 |
| County of Harris, Rev. Ref. Bonds, Series 2022-A, 5.00% 8/15/2031  | 2825 | 3182 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2038  | 3110 | 3450 |
| County of Harris, Toll Road Rev. and Rev. Ref. Bonds, Series 2018-A, 5.00% 8/15/2030  | 625 | 657 |
| County of Harris, Toll Road Rev. Ref. Bonds, Series 2015-B, 5.00% 8/15/2035  | 1050 | 1050 |
| Harris County Hospital Dist., Limited Tax Bonds, Series 2025, 5.00% 2/15/2038  | 2000 | 2239 |
| Harris County Housing Fin. Corp., Multi Family Housing Rev. Notes (Baypointe Apartments), Series 2025, 2.95% <br> 9/1/2043 (put 9/1/2028)  | 2045 | 2041 |
| Harris County Municipal Utility Dist. No. 547, Unlimited Tax Road Bonds, Series 2025-A, AGI, 4.375% 8/1/2042  | 1050 | 1030 |
| Harris County Municipal Utility Dist. No. 558, Unlimited Tax Bonds, Series 2025-A, AGI, 4.00% 3/1/2042  | 1095 | 1045 |
| Hays Consolidated Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/2035  | 780 | 862 |
| Dept. of Housing and Community Affairs, Multi Family Housing Rev. Bonds (Palladium Old FM 471 W), Series 2024, <br> 3.05% 9/1/2029 (put 9/1/2027)  | 4375 | 4385 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2021-A, 3.00% 1/1/2052  | 1410 | 1388 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2022-B, 5.75% 1/1/2053  | 1765 | 1910 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Ref. Bonds, Series 2025-D, 6.25% 1/1/2056  | 5000 | 5605 |
| Dept. of Housing and Community Affairs, Single Family Mortgage Rev. Bonds, Series 2023-C, 6.00% 3/1/2054  | 2895 | 3182 |
| Housing Options, Inc., Multi Family Housing Rev. Bonds (Royal Crest Apartments), Series 2025, 3.05% 2/1/2045 (put <br> 2/1/2028)  | 765 | 767 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.25% 7/15/2034  | 11240 | 12096 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2035  | 2400 | 2645 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2036  | 5325 | 5822 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2038  | 2250 | 2432 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2021-A, <br> AMT, 4.00% 7/1/2041  | 1525 | 1387 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2021-B-1, AMT, 4.00% 7/15/2041  | 5965 | 5426 |
| City of Houston, Airport System Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.25% 7/1/2039  | 2000 | 2227 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2028  | 2825 | 2965 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% 7/1/2029  | 500 | 534 |

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| | |
|:---|:---|
| **97** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2029  | USD<br> 2,500<br>| $2673 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2031  | 15320 | 16815 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 4.00% 7/1/2037  | 1085 | 1088 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal E Project), Series 2014, <br> AMT, 5.00% 7/1/2029  | 1030 | 1031 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2020-A, AMT, 5.00% 7/1/2027  | 5595 | 5685 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2020-B-2, AMT, 5.00% 7/15/2027  | 1750 | 1779 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2020-C, AMT, 5.00% 7/15/2027  | 1425 | 1449 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2025-B, AMT, 5.25% 7/15/2031  | 2000 | 2126 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2025-B, AMT, 5.50% 7/15/2035  | 3000 | 3276 |
| Houston Independent School Dist., Maintenance Tax Notes, Series 2025-A, 5.00% 7/15/2045 (put 7/15/2028)  | 4000 | 4205 |
| Hutto Independent School Dist., Unlimited Tax School Building Bonds, Series 2015, 4.00% 2/1/2055 (put 8/1/2028)  | 1630 | 1684 |
| City of Irving, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2019, 5.00% 8/15/2032  | 135 | 140 |
| Irving Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2034  | 6350 | 7195 |
| Katy Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2036  | 2145 | 2450 |
| County of Kendall, Water Control and Improvement Dist. No. 2B, Unlimited Tax Bonds, Series 2025, 4.50% 9/1/2037  | 1150 | 1161 |
| County of Kendall, Water Control and Improvement Dist. No. 2B, Unlimited Tax Bonds, Series 2025, 4.875% 9/1/2046  | 1040 | 1052 |
| Klein Independent School Dist., Unlimited Tax Schoolhouse and Rev. Ref. Bonds (Permanent School Fund Guarantee <br> Program), Series 2025, 4.00% 8/1/2048  | 1550 | 1459 |
| City of Lavon, Special Assessment Rev. Bonds (Trails of Lavon Public Community Dist. Projects), Series 2025, 4.25% <br> 9/15/2032 <sup>(a)</sup>  | 340 | 345 |
| City of Lavon, Special Assessment Rev. Bonds (Trails of Lavon Public Community Dist. Projects), Series 2025, 5.75% <br> 9/15/2045 <sup>(a)</sup>  | 330 | 340 |
| Lazy Nine Municipal Utility Dist. No. 1A, Unlimited Tax Bonds, Series 2023, 5.625% 9/1/2042  | 500 | 514 |
| Lewisville Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2023, 5.00% 8/15/2030  | 1580 | 1758 |
| Little Elm Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 8/15/2027  | 3000 | 3118 |
| Love Field Airport Modernization Corp., Special Facs. Rev. Bonds, Series 2012, AMT, 5.00% 11/1/2028  | 855 | 855 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2022, AGI, 5.00% 5/15/2026  | 585 | 590 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2036  | 2035 | 2184 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2037  | 2000 | 2134 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2038  | 1005 | 1067 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2023-B, 5.00% 5/15/2039 (put 5/15/2028)  | 1340 | 1398 |
| Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series <br> 2020-A, 5.00% 5/15/2040  | 2000 | 2100 |
| Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series <br> 2025, 5.00% 5/15/2041  | 2500 | 2696 |
| Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series <br> 2025, 5.00% 5/15/2042  | 1275 | 1361 |
| City of Lubbock, Electric Light and Power System Rev. Ref. Bonds, Series 2023, AGI, 5.00% 4/15/2034  | 1000 | 1133 |
| Mabank Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024, 5.00% 8/15/2030  | 400 | 443 |
| Mabank Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024, 5.00% 8/15/2031  | 755 | 852 |
| County of Matagorda, Navigation Dist. No. 1, Pollution Control Rev. Ref. Bonds (Central Power and Light Co. Project), <br> Series 1996, AMT, 4.25% 5/1/2030  | 825 | 859 |
| McKinney Municipal Utility Dist. No. 2, Unlimited Tax Bonds, Series 2025, BAM, 4.25% 9/1/2039  | 870 | 878 |
| McKinney Municipal Utility Dist. No. 2, Unlimited Tax Bonds, Series 2025, BAM, 4.50% 9/1/2041  | 1875 | 1895 |
| Medina Valley Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2043  | 1605 | 1713 |
| Mesquite Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% 8/15/2042  | 4340 | 4763 |
| Miralomas Municipal Utility Dist., Unlimited Tax Bonds, Series 2024, 4.375% 9/1/2042  | 1145 | 1083 |
| Mission Econ. Dev. Corp., Rev. Bonds (Natgasoline Project), Series 2018, AMT, 4.625% 10/1/2031 <sup>(a)</sup>  | 7690 | 7692 |
| Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2024, AMT, 4.00% <br> 6/1/2054 (put 6/1/2034)  | 2305 | 2321 |
| Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Ref. Bonds (Graphic Packaging International, LLC Project), Series <br> 2025, AMT, 5.00% 12/1/2064 (put 6/1/2030)  | 2690 | 2789 |
| County of Montgomery, Municipal Utility Dist. No. 170, Contract Rev. Bonds (Road Facs.), Series 2024, 4.25% <br> 12/1/2036  | 1055 | 1068 |
| County of Montgomery, Municipal Utility Dist. No. 180, Unlimited Tax Road Bonds, Series 2024, 4.375% 9/1/2041  | 1520 | 1464 |
| Montgomery County Municipal Utility Dist. No. 138, Unlimited Tax Bonds, Series 2025, BAM, 4.00% 3/1/2037  | 570 | 573 |
| Montgomery County Municipal Utility Dist. No. 138, Unlimited Tax Bonds, Series 2025, BAM, 4.00% 3/1/2038  | 595 | 595 |

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **98** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Montgomery County Municipal Utility Dist. No. 138, Unlimited Tax Bonds, Series 2025, BAM, 4.00% 3/1/2039  | USD<br> 625<br>| $622 |
| Montgomery County Municipal Utility Dist. No. 138, Unlimited Tax Bonds, Series 2025, BAM, 4.125% 3/1/2040  | 655 | 653 |
| Montgomery County Municipal Utility Dist. No. 211, Unlimited Tax Bonds, Series 2025, 4.625% 9/1/2041  | 1015 | 1013 |
| Montgomery County, Municipal Utility Dist. No. 163, Contract Rev. Bonds (East Service Area), Series 2025, BAM, 4.00% <br> 11/1/2038  | 1050 | 1041 |
| Montgomery County, Municipal Utility Dist. No. 163, Contract Rev. Bonds (East Service Area), Series 2025, BAM, <br> 4.375% 11/1/2041  | 1235 | 1234 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-A, 5.50% 1/1/2054 (put 1/1/2030)  | 4000 | 4252 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-B, 5.50% 1/1/2054 (put 1/1/2034)  | 6435 | 7158 |
| Municipal Gas Acquisition and Supply Corp. V, Gas Supply Rev. Bonds, Series 2024, 5.00% 1/1/2055 (put 1/1/2034)  | 2500 | 2700 |
| Municipal Gas Acquisition and Supply Corp. VI, Gas Supply Rev. Bonds, Series 2025, 5.00% 1/1/2036  | 22000 | 23563 |
| New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), Series <br> 2025-A, 5.00% 8/15/2034  | 1250 | 1438 |
| New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), Series <br> 2025-A, 5.00% 8/15/2035  | 1320 | 1527 |
| New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), Series <br> 2025-A, 5.00% 8/15/2036  | 1300 | 1487 |
| New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), Series <br> 2025-A, 5.25% 8/15/2042  | 2410 | 2663 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Bella Vida Forefront Living Project), Series <br> 2025-B-3, 4.25% 10/1/2030  | 990 | 993 |
| New Hope Cultural Education Facs. Fin. Corp., Senior Living. Rev. Bonds (Superior Living Foundation Project), Series <br> 2025-A, 6.25% 7/1/2045 <sup>(a)</sup>  | 2000 | 1957 |
| North East Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 3.75% 8/1/2049 (put 8/1/2027)  | 450 | 455 |
| North Fort Bend Water Auth., Water System Rev. and Rev. Ref. Bonds, Series 2021, BAM, 5.00% 12/15/2027  | 500 | 523 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 5.00% 6/1/2032  | 300 | 321 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 5.00% 6/1/2033  | 145 | 155 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2024-1-A, AMT, 4.125% 6/1/2045  | 1200 | 1182 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 4.50% 6/1/2046  | 2415 | 2443 |
| North Texas Municipal Water Dist., Wastewater Interceptor System Contract Rev. Ref. and Improvement Bonds, Series <br> 2024, 5.00% 6/1/2030  | 2935 | 3239 |
| North Texas Municipal Water Dist., Wastewater Interceptor System Contract Rev. Ref. and Improvement Bonds, Series <br> 2024, 5.00% 6/1/2031  | 3085 | 3468 |
| North Texas Municipal Water Dist., Water System Rev. Ref. and Improvement Bonds, Series 2021, 3.00% 9/1/2036  | 420 | 398 |
| North Texas Municipal Water Dist., Water System Rev. Ref. and Improvement Bonds, Series 2025, 5.00% 9/1/2044  | 2500 | 2659 |
| North Texas Tollway Auth., System Rev. and Rev. Ref. Bonds, Series 2021-B, 4.00% 1/1/2036  | 500 | 507 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2033  | 2450 | 2793 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2034  | 2420 | 2780 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2035  | 710 | 815 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, CAB, Series 2008-D, AGI, 0% 1/1/2030  | 2555 | 2269 |
| Northlake Municipal Management Dist. No. 2, Unlimited Tax Road Bonds, Series 2025, AGI, 4.375% 3/1/2041  | 1200 | 1203 |
| Northside Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2041  | 1450 | 1601 |
| Northside Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2042  | 1500 | 1638 |
| Northwest Independent School Dist., Unlimited Tax School Building Bonds, Series 2024-A, 5.00% 2/15/2049  | 2590 | 2684 |
| City of Pflugerville, Special Assessment Rev. Bonds (Meadowlark Preserve Public Improvement Dist. Project), Series <br> 2025, 4.25% 9/1/2033 <sup>(a)</sup>  | 450 | 453 |
| Pine Forest Municipal Utility Dist., Unlimited Tax Bonds, Series 2025, 5.00% 9/1/2043  | 1125 | 1140 |
| Plano Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2033  | 1790 | 2057 |
| Plano Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 4.00% 2/15/2043  | 2020 | 2016 |
| Port Arthur Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2036  | 1000 | 1154 |
| Port Arthur Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2040  | 2500 | 2790 |
| Princeton Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2044  | 1100 | 1175 |
| Princeton Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2045  | 1150 | 1221 |
| Rancho Del Cielo Municipal Utility Dist., Unlimited Tax Bonds, Series 2024, 4.375% 8/15/2053  | 350 | 310 |
| Riceland Management Dist., Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2034  | 1000 | 1013 |
| Riceland Municipal Utility Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.375% 9/1/2039  | 1000 | 1010 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2017, 5.00% 2/1/2027  | 1215 | 1248 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-D, 5.00% 2/1/2029  | 525 | 564 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2017, 5.00% 2/1/2033  | 1500 | 1535 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-D, 5.00% 2/1/2037  | 2005 | 2296 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-B, 5.00% 2/1/2042  | 1500 | 1625 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-D, 5.00% 2/1/2049  | 3015 | 3130 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2025-A, 3.08% 2/1/2055 (put 12/1/2028)  | 8905 | 8939 |

---

---

| | |
|:---|:---|
| **99** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| City of San Antonio, General Improvement Bonds, Series 2024, 5.00% 2/1/2035  | USD<br> 1,175<br>| $1350 |
| City of San Antonio, Water System Rev. and Rev. Ref. Bonds, Series 2023-A, 5.00% 5/15/2040  | 1000 | 1090 |
| Sherman Independent School Dist., Unlimited Tax School Building Bonds, Series 2023-B, 5.00% 2/15/2040  | 500 | 548 |
| Greater Texoma Utility Auth., Contract Rev. Bonds (City of Sherman Project), Series 2024-A, BAM, 5.00% 10/1/2029  | 1000 | 1085 |
| Socorro Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2017-B, 5.00% 8/15/2029  | 3755 | 3903 |
| South San Antonio Independent School Dist., Unlimited Tax School Building Bonds, Series 2005, 5.50% 8/15/2030  | 3500 | 3820 |
| Southwest Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/1/2041  | 1500 | 1615 |
| Spring Branch Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% <br> 2/1/2041  | 2000 | 2217 |
| Spring Branch Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% <br> 2/1/2042  | 1725 | 1892 |
| Spring Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.25% 8/15/2046  | 6590 | 7138 |
| Spring Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 8/15/2047  | 2855 | 2972 |
| Stanton Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2036  | 1025 | 1167 |
| Surface Transportation Corp., Private Activity Rev. Ref. Bonds (NTE Mobility Partners Segments 3 LLC), Series 2023, <br> AMT, 5.50% 6/30/2040  | 1500 | 1588 |
| County of Tarrant, Karis Municipal Management Dist., Unlimited Tax Utility Bonds, Series 2025, 4.50% 12/1/2041  | 1030 | 1042 |
| Tarrant County Cultural Education Facs. Fin. Corp., Rev. Bonds (Ascension Senior Credit Group), Series 2025-C-2, <br> 5.00% 11/15/2051 (put 11/15/2035)  | 5000 | 5702 |
| Tarrant County Cultural Education Facs. Fin. Corp., Rev. Bonds (Christus Health), Series 2018-B, 5.00% 7/1/2036  | 1270 | 1334 |
| Tarrant Regional Water Dist., Water Transmission Facs. Contract Rev. Bonds, Series 2025, 5.00% 9/1/2034  | 2015 | 2335 |
| Tarrant Regional Water Dist., Water Transmission Facs. Contract Rev. Bonds, Series 2025, 5.00% 9/1/2037  | 7680 | 8702 |
| Board of Regents of Texas A&M University System, Rev. Fncg. System Bonds, Series 2024-A, 5.00% 5/15/2041  | 3000 | 3310 |
| Board of Regents of the Texas A&M University System, Permanent University Fund Bonds, Series 2023, 5.00% 7/1/2026  | 4000 | 4049 |
| Board of Regents of the Texas A&M University System, Permanent University Fund Bonds, Series 2023, 5.00% 7/1/2042  | 2005 | 2156 |
| Board of Regents of the Texas State University System, Rev. Fncg. System Rev. and Rev. Ref. Bonds, Series 2019-A, <br> 5.00% 3/15/2033  | 500 | 533 |
| Board of Regents of the Texas State University System, Rev. Fncg. System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% <br> 3/15/2041  | 950 | 1039 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2038  | 1230 | 1199 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2041  | 1425 | 1334 |
| Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2024-C, 5.00% 8/15/2039  | 3135 | 3483 |
| Transportation Commission, GO Highway Improvement Rev. Ref. Bonds, Series 2024, 5.00% 4/1/2032  | 1625 | 1850 |
| Transportation Fin. Corp., Toll Rev. Ref. Bonds (TELA Supported), Series 2025-A, 5.00% 10/1/2037  | 3250 | 3762 |
| Transportation Fin. Corp., Toll Rev. Ref. Bonds (TELA Supported), Series 2025-A, 5.00% 10/1/2041  | 5750 | 6381 |
| Turnpike Auth., Central Texas Turnpike System, Rev. Bonds, CAB, Series 2002-A, AMBAC, 0% 8/15/2027  | 4945 | 4717 |
| Board of Regents of the University of Houston System, Consolidated Rev. and Rev. Ref. Bonds, Series 2017-C, 5.00% <br> 2/15/2026  | 1590 | 1595 |
| Board of Regents of the University of Houston System, Consolidated Rev. and Rev. Ref. Bonds, Series 2020-A, 3.00% <br> 2/15/2036  | 4030 | 3894 |
| Board of Regents of the University of Houston System, Consolidated Rev. and Rev. Ref. Bonds, Series 2022-A, 5.00% <br> 2/15/2037  | 1000 | 1100 |
| Board of Regents of the University of North Texas System, Rev. Fncg. System Rev. Ref. and Improvement Bonds, Series <br> 2025-A, 5.00% 4/15/2032  | 1875 | 2125 |
| Board of Regents of the University of Texas System, Permanent University Fund Bonds, Series 2024-A, 5.00% 7/1/2036  | 2185 | 2523 |
| Board of Regents of the University of Texas System, Permanent University Fund Bonds, Series 2024-A, 5.00% 7/1/2038  | 1150 | 1308 |
| Board of Regents of the University of Texas System, Permanent University Fund Bonds, Series 2024-A, 4.00% 7/1/2049  | 1500 | 1403 |
| Board of Regents of the University of Texas System, Rev. Fncg. System Bonds, Series 2025-B, 5.00% 8/15/2033  | 1415 | 1643 |
| Board of Regents of the University of Texas System, Rev. Fncg. System Bonds, Series 2025-B, 5.00% 8/15/2036  | 17750 | 20756 |
| Waco Education Fin. Corp., Rev. Bonds (Baylor University Issue), Series 2021, 4.00% 3/1/2040  | 500 | 504 |
| Waller Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2045  | 3000 | 3184 |
| Water Dev. Board, State Revolving Fund Rev. Bonds, Series 2021, 5.00% 8/1/2032  | 1270 | 1428 |
| Water Dev. Board, State Revolving Fund Rev. Bonds, Series 2025, 5.00% 8/1/2039  | 2270 | 2576 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2025, 5.00% 4/15/2033  | 8085 | 9330 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2023-A, 5.00% 10/15/2035  | 1000 | 1145 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2024-A, 5.00% 10/15/2038  | 5020 | 5688 |
| County of Williamson, Municipal Utility Dist. No. 51, Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2038  | 1380 | 1370 |
| Williamson County, Limited Tax Rev. Ref. and Park Bonds, Series 2025, 5.00% 2/15/2030  | 1035 | 1134 |
| Williamson County, Limited Tax Rev. Ref. and Park Bonds, Series 2025, 5.00% 2/15/2036  | 1400 | 1624 |
|  |  | 614149 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **100** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **United States 0.32%** | **United States 0.32%** | **United States 0.32%** |
| Freddie Mac, Multi Family Certs., Series 2023, 4.003% 1/25/2040 <sup>(b)</sup>  | USD<br> 536<br>| $523 |
| Freddie Mac, Multi Family Certs., Green Bonds, Series 2025, 4.387% 11/25/2042 <sup>(b)</sup>  | 3754 | 3687 |
| Freddie Mac, Multi Family Mortgage Certs., Green Bonds, Series 2024, 3.158% 12/25/2038 <sup>(b)</sup>  | 4948 | 4372 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2023, Class ACA, 2.25% 9/25/2037  | 1212 | 1026 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2024, 3.427% 11/25/2038 <sup>(b)</sup>  | 1972 | 1860 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2023, Class A, 2.99% 4/25/2043 <sup>(b)</sup>  | 4753 | 4109 |
|  |  | 15577 |
| **Utah 1.04%** | **Utah 1.04%** | **Utah 1.04%** |
| Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-C, 5.00% <br> 7/15/2035 <sup>(a)</sup>  | 335 | 337 |
| Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-A, 5.00% <br> 6/1/2038  | 1000 | 1062 |
| Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-A, 5.25% <br> 6/1/2041  | 950 | 1056 |
| Housing Corp., Single Family Mortgage Bonds, Series 2023-A, 6.00% 7/1/2053  | 885 | 950 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-A, 6.50% 1/1/2054  | 245 | 267 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-C, 6.00% 7/1/2054  | 1180 | 1298 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-G, 6.25% 7/1/2055  | 3230 | 3611 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-I, 6.25% 7/1/2055  | 4355 | 4885 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2027 <sup>(a)</sup>  | 450 | 451 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2029 <sup>(a)</sup>  | 950 | 957 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2030 <sup>(a)</sup>  | 445 | 447 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2031 <sup>(a)</sup>  | 770 | 774 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area), <br> Series 2020-A, 4.25% 8/1/2035 <sup>(a)</sup>  | 455 | 458 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2024-2, 5.50% 6/15/2039 <sup>(a)</sup>  | 1920 | 1974 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, CAB, Series 2025-2, 0% 6/1/2035 (5.00% <br> on 6/1/2031) <sup>(a)(c)</sup>  | 500 | 386 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, CAB, Series 2025-2, 0% 6/1/2043 (5.75% <br> on 6/1/2031) <sup>(a)(c)</sup>  | 370 | 275 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2036  | 1000 | 971 |
| Nebo School Dist., Local Building Auth., Lease Rev. Bonds, Series 2020, 2.125% 7/1/2033  | 2910 | 2686 |
| NS Public Infrastructure Dist. No. 1, Special Assessment Bonds (NS Assessment Area No. 1), Series 2024, 6.00% <br> 12/1/2044 <sup>(a)</sup>  | 1000 | 946 |
| Salt Lake City, Airport Rev. Bonds (Salt Lake City International Airport), Series 2018-A, AMT, 5.00% 7/1/2028  | 1500 | 1576 |
| Three Bridges Public Infrastructure Dist. No. 1, Special Assessment Bonds (Three Bridges Assessment Area No. 1), <br> Series 2024-1, 5.00% 12/1/2036 <sup>(a)(f)</sup>  | 2875 | 2899 |
| Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2024, 5.00% 6/15/2030  | 875 | 970 |
| Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2025, 5.00% 12/15/2044  | 17710 | 19219 |
| County of Utah, Hospital Rev. Bonds (IHC Health Services, Inc.), Series 2018-A, 5.00% 5/15/2037  | 1400 | 1459 |
|  |  | 49914 |
| **Vermont 0.32%** | **Vermont 0.32%** | **Vermont 0.32%** |
| Econ. Dev. Auth., Mortgage Rev. Bonds (Wake Robin Corp. Project), Series 2021-A, 4.00% 5/1/2037  | 500 | 482 |
| Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2013, AMT, 4.625% <br> 4/1/2036 (put 4/3/2028) <sup>(a)</sup>  | 500 | 505 |
| Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2022-A-2, AMT, 4.375% <br> 6/1/2052 (put 6/1/2032) <sup>(a)</sup>  | 1505 | 1516 |
| Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series <br> 2016-A, 5.00% 12/1/2033  | 2500 | 2515 |
| Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series <br> 2016-A, 5.00% 12/1/2035  | 4500 | 4521 |

---

---

| | |
|:---|:---|
| **101** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Vermont (continued)** | **Vermont (continued)** | **Vermont (continued)** |
| Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series <br> 2016-A, 5.00% 12/1/2036  | USD<br> 5,000<br>| $5021 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.375% 6/15/2039  | 460 | 425 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2023-A, AMT, 4.00% 6/15/2041  | 395 | 380 |
|  |  | 15365 |
| **Virgin Islands 0.07%** | **Virgin Islands 0.07%** | **Virgin Islands 0.07%** |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2026  | 500 | 505 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2030  | 1000 | 1045 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2032  | 1815 | 1920 |
|  |  | 3470 |
| **Virginia 0.89%** | **Virginia 0.89%** | **Virginia 0.89%** |
| Alexandria Redev. and Housing Auth., Multi Family Housing Rev. Bonds (431 S Columbus St Block 4), Series 2024, <br> 3.20% 12/1/2054 (put 6/1/2027)  | 1315 | 1316 |
| County of Arlington, Industrial Dev. Auth., Multifamily Housing Rev. Bonds (Barcroft-Charlie 2 and Barcroft-Bravo 5), <br> Series 2025, 3.10% 12/1/2055 (put 2/1/2027)  | 1155 | 1155 |
| County of Arlington, Industrial Dev. Auth., Multifamily Housing Rev. Bonds (Park Shirlington Apartments), Series <br> 2023-A, 5.00% 1/1/2026  | 3275 | 3275 |
| County of Charles City, Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series <br> 2004-A, 2.875% 2/1/2029  | 500 | 493 |
| Chesapeake Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Hunters Point Apartments), Series 2023, <br> 5.00% 5/1/2043 (put 5/1/2026)  | 1310 | 1318 |
| College Building Auth., Educational Facs. Rev. Bonds (21st Century College and Equipment Programs), Series 2019-A, <br> 4.00% 2/1/2034  | 1040 | 1072 |
| College Building Auth., Educational Facs. Rev. Ref. Bonds (21st Century College and Equipment Programs), Series <br> 2017-E, 5.00% 2/1/2031  | 6025 | 6340 |
| County of Fairfax, Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Dominion Square North Project), Series <br> 2023, 5.00% 1/1/2045 (put 1/1/2028)  | 250 | 257 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Longwood University Student <br> Housing Project), Series 2018-A, 5.00% 1/1/2032  | 500 | 514 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2033  | 270 | 277 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2043  | 3000 | 2887 |
| Town of Louisa, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (Virginia Electric and Power Co. Project), Series <br> 2008-C, 3.80% 11/1/2035 (put 5/28/2027)  | 600 | 607 |
| City of Norfolk, Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Braywood Manor Apartments), Series <br> 2023, 5.00% 5/1/2043 (put 5/1/2026)  | 100 | 101 |
| Public Building Auth., Public Facs. Rev. Bonds, Series 2025-A, 5.00% 8/1/2029  | 4245 | 4620 |
| Public Building Auth., Public Facs. Rev. Bonds, Series 2021-A, 5.00% 8/1/2032  | 3450 | 3886 |
| Richmond Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Joyfield at German School Road), Series 2025, <br> 3.10% 12/1/2055 (put 12/1/2026)  | 275 | 275 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, 4.00% <br> 12/1/2036  | 575 | 577 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, 4.00% <br> 12/1/2041  | 1030 | 982 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.00% <br> 12/1/2039  | 435 | 461 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2026  | 975 | 975 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2034  | 550 | 578 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 4.00% <br> 1/1/2037  | 1385 | 1399 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 7/1/2029  | 500 | 510 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **102** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Virginia (continued)** | **Virginia (continued)** | **Virginia (continued)** |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 7/1/2031  | USD<br> 2,925<br>| $3004 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-3, 5.375% 9/1/2029  | 1385 | 1401 |
| County of Wise, Industrial Dev. Auth., Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power Co. <br> Project), Series 2009-A, 3.125% 10/1/2040 (put 10/1/2030)  | 4375 | 4393 |
|  |  | 42673 |
| **Washington 3.47%** | **Washington 3.47%** | **Washington 3.47%** |
| Central Puget Sound Regional Transit Auth., Sales Tax and Motor Vehicle Excise Tax Improvement and Rev. Ref. Green <br> Bonds, Series 2021-S-1, 5.00% 11/1/2031  | 2620 | 2985 |
| Certs. of Part. (State and Local Agcy. Real and Personal Property), Series 2025-A, 5.00% 1/1/2031  | 4110 | 4587 |
| Certs. of Part. (State and Local Agcy. Real and Personal Property), Series 2025-A, 5.00% 1/1/2032  | 3905 | 4427 |
| Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2043  | 500 | 463 |
| Energy Northwest, Electric Rev. and Rev. Ref. Bonds (Columbia Generating Station), Series 2022-A, 5.00% 7/1/2032  | 1850 | 2120 |
| Energy Northwest, Electric Rev. and Rev. Ref. Bonds (Columbia Generating Station), Series 2023-A, 5.00% 7/1/2038  | 4400 | 4923 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2031  | 750 | 847 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2032  | 2750 | 3148 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2042  | 1000 | 1105 |
| Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2025-A, 5.00% 7/1/2033  | 2000 | 2324 |
| GO Bonds, Series 2020-A, 5.00% 8/1/2039  | 680 | 718 |
| GO Bonds, Series 2021-A-2, 5.00% 8/1/2039  | 1360 | 1457 |
| GO Bonds, Series 2024-C, 5.00% 2/1/2041  | 1645 | 1811 |
| GO Bonds, Series 2023-A, 5.00% 8/1/2044  | 1240 | 1319 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-D, 5.00% 10/1/2041  | 1500 | 1501 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-C, 5.00% 10/1/2044  | 500 | 500 |
| Health Care Facs. Auth., Rev. Bonds (Seattle Cancer Care Alliance), Series 2021, 4.00% 12/1/2040 <sup>(a)</sup>  | 1790 | 1776 |
| Health Care Facs. Auth., Rev. Bonds (Seattle Children's Hospital), Series 2017-A, 5.00% 10/1/2047  | 2675 | 2693 |
| Health Care Facs. Auth., Rev. Bonds (Virginia Mason Medical Center), Series 2017, 5.00% 8/15/2037  | 355 | 362 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-1, 5.00% 8/1/2039  | 3090 | 3206 |
| Housing Fin. Commission, Multi Family Housing Rev. Bonds (Ardea at Totem Lake Apartments Project), Series 2023, <br> 5.00% 12/1/2043 (put 2/1/2027)  | 830 | 836 |
| Housing Fin. Commission, Multi Family Housing Rev. Bonds (Camas Flats Apartments Project), Series 2024-B, 5.00% <br> 2/1/2028 (put 2/1/2027)  | 255 | 260 |
| Housing Fin. Commission, Municipal Certs., Series 2021-1, 3.50% 12/20/2035  | 5514 | 5366 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 1.451% 4/20/2037 <sup>(b)</sup>  | 1685 | 162 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 3.375% 4/20/2037  | 3352 | 3174 |
| Housing Fin. Commission, Municipal Certs., Series 2025-1-A, 3.947% 11/20/2041 <sup>(b)</sup>  | 3489 | 3360 |
| Housing Fin. Commission, Municipal Certs., Series 2024-1-A, 4.084% 3/20/2040 <sup>(b)</sup>  | 13729 | 13474 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-B-1, 4.50% <br> 7/1/2030 <sup>(a)</sup>  | 690 | 690 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-A, 4.75% <br> 1/1/2034 <sup>(a)</sup>  | 940 | 941 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2018-1-N, 4.00% 12/1/2048  | 155 | 156 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2020-2-N, 3.00% 12/1/2050  | 290 | 286 |
| Kalispel Tribe of Indians, Priority Distribution Payment Bonds, Series 2018-A, 5.00% 1/1/2032 <sup>(a)</sup>  | 500 | 510 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Green Notes, Series 2021, 4.00% 7/1/2031  | 750 | 774 |
| County of King, Limited Tax GO Bonds, Series 2019-B, 5.00% 7/1/2026  | 1200 | 1215 |
| County of King, Unlimited Tax GO Bonds, Series 2025-A, 5.00% 12/1/2038  | 6210 | 7146 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2021-E, 5.00% 6/1/2029  | 1000 | 1085 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2024-R-C, 5.00% 8/1/2031  | 540 | 610 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2025-D, 5.00% 6/1/2042  | 1085 | 1194 |
| Motor Vehicle Fuel Tax GO Bonds, CAB, Series 2005-F, AMBAC, 0% 12/1/2029  | 1970 | 1777 |
| Motor Vehicle Fuel Tax GO Rev. Ref. Bonds, Series 2025-R-C, 5.00% 7/1/2028  | 4790 | 5092 |
| Motor Vehicle Fuel Tax GO Rev. Ref. Bonds, Series 2024-R-C, 5.00% 8/1/2030  | 2165 | 2404 |
| North Thurston Public Schools, Unlimited Tax GO Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2032  | 1750 | 2008 |
| City of Seattle, Drainage and Wastewater System Improvement and Rev. Ref. Bonds, Series 2025, 5.00% 5/1/2039  | 1050 | 1198 |
| Port of Seattle, Industrial Dev. Corp., Special Facs. Rev. Ref. Bonds (Delta Air Lines, Inc. Project), Series 2012, AMT, <br> 5.00% 4/1/2030  | 500 | 500 |
| Port of Seattle, Intermediate Lien Rev. and Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2030  | 3840 | 4168 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2028  | 5150 | 5412 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2029  | 3475 | 3709 |

---

---

| | |
|:---|:---|
| **103** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Washington (continued)** | **Washington (continued)** | **Washington (continued)** |
| Various Purpose GO Bonds, Series 2024-C, 5.00% 2/1/2029  | USD<br> 4,600<br>| $4952 |
| Various Purpose GO Bonds, Series 2025-R-A, 5.00% 7/1/2036  | 5320 | 6144 |
| Various Purpose GO Bonds, Series 2023-B, 5.00% 2/1/2037  | 5050 | 5684 |
| Various Purpose GO Bonds, Series 2026-A, 5.00% 8/1/2037  | 11380 | 13207 |
| Various Purpose GO Bonds, Series 2024-C, 5.00% 2/1/2038  | 1095 | 1242 |
| Various Purpose GO Bonds, Series 2026-A, 5.00% 8/1/2039  | 10000 | 11436 |
| Various Purpose GO Bonds, Series 2026-A, 5.00% 8/1/2043  | 10000 | 10909 |
| Various Purpose GO Bonds, Series 2023-A, 5.00% 8/1/2046  | 1940 | 2027 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-B, 5.00% 7/1/2033  | 1115 | 1291 |
|  |  | 166671 |
| **West Virginia 0.19%** | **West Virginia 0.19%** | **West Virginia 0.19%** |
| Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Bonds (Commercial Metals Co. Project), Series 2025, AMT, 4.625% <br> 4/15/2055 (put 5/15/2032)  | 1500 | 1519 |
| Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Bonds (Core Natural Resources, Inc. Project), Series 2025, AMT, <br> 5.45% 1/1/2055 (put 3/27/2035) <sup>(a)</sup>  | 1550 | 1651 |
| Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Ref. Bonds (Kentucky Power Co. - Mitchell Project), Series 2014-A, <br> AMT, 4.70% 4/1/2036 (put 6/17/2026)  | 400 | 402 |
| Hospital Fin. Auth., Hospital Rev. and Improvement Bonds (West Virginia University Health System Obligated Group), <br> Series 2023-A, 4.125% 6/1/2042  | 2000 | 1960 |
| Hospital Fin. Auth., Hospital Rev. and Improvement Bonds (West Virginia University Health System Obligated Group), <br> Series 2017-A, 5.00% 6/1/2042  | 2750 | 2766 |
| Hospital Fin. Auth., Hospital Rev. Ref. and Improvement Rev. Bonds (Vandalia Health Group), Series 2023-B, 6.00% <br> 9/1/2048  | 900 | 979 |
|  |  | 9277 |
| **Wisconsin 2.32%** | **Wisconsin 2.32%** | **Wisconsin 2.32%** |
| Ascension Health Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 5.00% 11/15/2026  | 1000 | 1007 |
| General Fund Annual Appropriation Rev. Ref. Bonds, Series 2019-A, 5.00% 5/1/2029 (preref. 5/1/2027)  | 3585 | 3706 |
| GO Bonds, Series 2019-B, 5.00% 5/1/2027  | 1330 | 1375 |
| GO Bonds, Series 2020, 5.00% 5/1/2034  | 1140 | 1224 |
| GO Bonds, Series 2025-B, 5.00% 5/1/2036  | 10000 | 11643 |
| GO Bonds, Series 2024-C, 5.00% 5/1/2038  | 6485 | 7379 |
| GO Rev. Ref. Bonds, Series 2025-3, 5.00% 5/1/2032  | 2400 | 2751 |
| GO Rev. Ref. Bonds, Series 2025-1, 5.00% 5/1/2033  | 2060 | 2392 |
| GO Rev. Ref. Bonds, Series 2023-2, 5.00% 5/1/2036  | 2790 | 3182 |
| Health and Educational Facs. Auth., Rev. Bonds (Advocate Aurora Health Care Credit Group), Series 2018-C-3, 5.00% <br> 8/15/2054 (put 6/24/2026)  | 655 | 661 |
| Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance), Series 2013-B-1, 4.00% 11/15/2043  | 670 | 639 |
| Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance), Series 2013-B-1, 4.00% 11/15/2043 <br> (preref. 5/15/2028)  | 80 | 83 |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2024, 5.00% <br> 7/1/2035  | 3950 | 4036 |
| Health and Educational Facs. Auth., Rev. Bonds (Dickson Hollow Phase II Project), Series 2024, 5.45% 10/1/2039  | 280 | 296 |
| Health and Educational Facs. Auth., Rev. Bonds (Hope Christian Schools Obligated Group), Series 2021, 3.00% <br> 12/1/2031  | 345 | 300 |
| Health and Educational Facs. Auth., Rev. Bonds (Three Pillars Senior Living Communities), Series 2024-B-2, 4.20% <br> 8/15/2028  | 280 | 280 |
| Housing and Econ Dev. Auth., Multi Family Housing Bonds (100 E. National Project), Series 2024-J, 5.00% 8/1/2058 <br> (put 8/1/2026)  | 370 | 374 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2018-D, 4.00% 3/1/2047  | 1005 | 1010 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2019-A, 4.25% 3/1/2049  | 4975 | 5028 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2019-C, 3.75% 3/1/2050  | 2430 | 2433 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2025-A, 6.25% 9/1/2055  | 7665 | 8533 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds (Social Bonds), Series 2024-C, 6.00% 3/1/2055  | 2295 | 2508 |
| Public Fin. Auth., Charter School Rev. Bonds (Foundation Academy Charter School Project), Series 2024, 5.00% <br> 7/1/2035 <sup>(a)</sup>  | 700 | 736 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.00% 6/15/2034 <sup>(a)</sup>  | 2000 | 1874 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.50% 6/15/2049 <sup>(a)</sup>  | 3045 | 2403 |
| Public Fin. Auth., Education Rev. Bonds (Mater Academy of Nevada - East Las Vegas Campus Project), Series 2024-A, <br> 5.00% 12/15/2034 <sup>(a)</sup>  | 1410 | 1467 |

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **104** |

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------

Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| Public Fin. Auth., Education Rev. Bonds (Mater Academy of Nevada - East Las Vegas Campus Project), Series 2024-A, <br> 5.00% 12/15/2039 <sup>(a)</sup>  | USD<br> 700<br>| $708 |
| Public Fin. Auth., Education Rev. Ref. Bonds (Pinecrest Academy of Nevada-Sloan Canyon Campus Project), Series <br> 2024-A, 4.00% 7/15/2039 <sup>(a)</sup>  | 750 | 709 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.375% 6/15/2039 <sup>(a)</sup>  | 190 | 192 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.70% 6/15/2044 <sup>(a)</sup>  | 140 | 140 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.875% 6/15/2054 <sup>(a)</sup>  | 105 | 103 |
| Public Fin. Auth., Infrastructure Program Anticipation Improvement and Rev. Ref. Bonds (Astro Texas Land Projects), <br> Series 2025, 5.00% 12/15/2036 <sup>(a)</sup>  | 3040 | 3014 |
| Public Fin. Auth., Infrastructure Program Anticipation Improvement and Rev. Ref. Bonds (Legacy Hills Project), Series <br> 2025, 6.00% 11/15/2045 <sup>(a)</sup>  | 2000 | 1943 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Heritage Bend Project), CAB, Series 2025, 0% <br> 12/15/2042 <sup>(a)</sup>  | 4255 | 1309 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Mayfair Project), Series 2024-A-4, 5.50% <br>11/15/2032 <sup>(a)</sup>  | 4592 | 4602 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Sterling Traditions Project), CAB, Series 2025, 0% <br> 12/15/2041 <sup>(a)</sup>  | 21677 | 8038 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Two Step Project), CAB, Series 2024, 0% <br>12/15/2034 <sup>(a)</sup>  | 1725 | 1014 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Wayside Project), Series 2024-A-2, 5.875% <br> 11/15/2027 <sup>(a)</sup>  | 997 | 997 |
| Public Fin. Auth., Limited Obligation Rev. Bonds (Town of Scarborough - The Downs Project), Series 2024, 5.00% <br> 8/1/2039  | 200 | 204 |
| Public Fin. Auth., Project Rev. Bonds (CFP3 - Eastern Michigan University Student Housing Project), Series 2022-A-1, <br> BAM, 5.00% 7/1/2030  | 705 | 767 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 4.00% 11/15/2037  | 600 | 603 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 5.00% 11/15/2041  | 655 | 673 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Givens Estates), Series 2021, 4.00% 12/1/2041  | 1000 | 941 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2042  | 750 | 775 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2043  | 1000 | 1024 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2044  | 1310 | 1331 |
| Public Fin. Auth., Rev. Bonds (Puerto Rico Toll Roads Monetization Project), Series 2024, AMT, 5.50% 7/1/2044  | 7000 | 7271 |
| Public Fin. Auth., Rev. Bonds (Wilson Preparatory Academy), Series 2019-A, 5.00% 6/15/2039 <sup>(a)</sup>  | 250 | 245 |
| Public Fin. Auth., Rev. Ref. Bonds (Celanese Corp.), Series 2016-C, AMT, 4.30% 11/1/2030  | 3640 | 3640 |
| Public Fin. Auth., Rev. Ref. Bonds (Roseman University of Health Sciences Project), Series 2022, 4.00% 4/1/2032 <sup>(a)</sup>  | 405 | 400 |
| Public Fin. Auth., Special Fac. Rev. Bonds (Million Air Three LLC General Aviation Facs. Project), Series 2024-A, AMT, <br> 5.50% 9/1/2030 <sup>(a)(f)</sup>  | 480 | 503 |
| Public Fin. Auth., Special Rev. Bonds (Candela Project), Series 2023, 6.125% 12/15/2029 <sup>(a)</sup>  | 147 | 149 |
| Public Fin. Auth., Special Rev. Bonds (Signorelli Projects, Municipal Utility Dists., Montgomery and Waller Counties), <br> Series 2024, 5.375% 12/15/2032 <sup>(a)</sup>  | 839 | 839 |
| Public Fin. Auth., Student Housing Rev. Bonds (Beyond Boone, LLC - Appalachian State University Project), Series <br> 2020-A, AGI, 4.00% 7/1/2045  | 600 | 554 |
| Public Fin. Auth., Student Housing Rev. Bonds (Beyond Boone, LLC - Appalachian State University Project), Series <br> 2020-A, AGI, 4.00% 7/1/2050  | 1000 | 891 |
| Public Fin. Auth., Student Housing Rev. Bonds (CHF-Manoa, LLC UH Residences for Graduate Students), Series 2023-A, <br> 5.25% 7/1/2038 <sup>(a)</sup>  | 415 | 433 |
|  |  | 111332 |
| **Total bonds, notes & other debt instruments** (cost: $4,396,559,000) |  | 4464458 |
| Common stocks 0.00% | Shares |  |
| **Industrials 0.00%** | **Industrials 0.00%** | **Industrials 0.00%** |
| AM BidCo Holdings, LLC <sup>(g)(j)</sup>  | 28 | — <br><sup>(k)</sup><br>|
| **Total common stocks** (cost: $0) |  | — <br><sup>(k)</sup><br>|

---

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| | |
|:---|:---|
| **105** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal Income ETF (continued)

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| | | |
|:---|:---|:---|
| Short-term securities 6.70% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Municipals 6.70%** | **Municipals 6.70%** | **Municipals 6.70%** |
| State of Alaska, City of Valdez, Marine Terminal Rev. Ref. Bonds (ExxonMobil Project), Series 2001, 2.50% 12/1/2029 <sup>(b)</sup>  | USD<br> 1,150<br>| $1150 |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2014-A, <br> 1.85% 11/15/2052 <sup>(b)</sup>  | 8100 | 8100 |
| State of Arizona, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Phoenix Children's Hospital), Series 2019-A, 2.45% <br> 2/1/2048 <sup>(b)</sup>  | 12105 | 12105 |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. <br> Project), Series 2013, AMT, 3.45% 12/1/2035 (put 2/2/2026) <sup>(l)</sup>  | 13815 | 13815 |
| State of California, Municipal Fin. Auth., Recovery Zone Fac. Bonds (Chevron USA, Inc. Project), Series 2010-A, 2.90% <br> 11/1/2035 <sup>(b)</sup>  | 1400 | 1400 |
| State of District of Columbia, Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (Paxton Project), <br> Series 2022, 3.35% 9/1/2040 (put 6/1/2026) <sup>(l)</sup>  | 4280 | 4281 |
| State of Florida, City of Gainesville, Utilities System Rev. Bonds, Series 2019-C, 2.58% 10/1/2047 <sup>(b)</sup>  | 6045 | 6045 |
| State of Florida, Fin. Auth., Econ. Dev. Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-A, AMT, 3.45% <br> 5/1/2028 (put 3/2/2026) <sup>(l)</sup>  | 2110 | 2110 |
| State of Hawaii, Dept. of Budget and Fin., Special Purpose Rev. Bonds (The Queen's Health Systems), Series 2025-B, <br> 2.30% 7/1/2060 <sup>(b)</sup>  | 9805 | 9805 |
| State of Hawaii, Dept. of Budget and Fin., Special Purpose Rev. Bonds (The Queen's Health Systems), Series 2025-C, <br> 2.10% 7/1/2051 <sup>(b)</sup>  | 8500 | 8500 |
| State of Illinois, Fin. Auth., Demand Rev. Bonds (University of Chicago Medical Center), Series 2010-A, 2.45% <br>8/1/2044 <sup>(b)</sup>  | 3200 | 3200 |
| State of Illinois, Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2019, AMT, 3.45% <br> 11/1/2044 (put 11/2/2026) <sup>(l)</sup>  | 1960 | 1962 |
| State of Maryland, County of Montgomery, GO Consolidated Public Improvement Bonds, Series 2017-E, 2.45% <br> 11/1/2037 <sup>(b)</sup>  | 36995 | 36995 |
| State of Michigan, Regents of the University of Michigan, General Rev. Bonds, Series 2012-B, 2.25% 4/1/2042 <sup>(b)</sup>  | 11160 | 11160 |
| State of Minnesota, City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2011-B, 2.35% 11/15/2038 <sup>(b)</sup>  | 12975 | 12975 |
| State of Minnesota, City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2016, 2.35% 11/15/2047 <sup>(b)</sup>  | 15200 | 15200 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), <br> Series 2007-C, 2.50% 12/1/2030 <sup>(b)</sup>  | 6785 | 6785 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), <br> Series 2010-J, 2.50% 11/1/2035 <sup>(b)</sup>  | 2200 | 2200 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), <br> Series 2010-L, 2.50% 11/1/2035 <sup>(b)</sup>  | 4240 | 4240 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), <br> Series 2011-D, 2.50% 11/1/2035 <sup>(b)</sup>  | 4000 | 4000 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), <br> Series 2011-F, 2.50% 11/1/2035 <sup>(b)</sup>  | 2610 | 2610 |
| State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), <br> Series 2003-B, 2.55% 2/15/2033 <sup>(b)</sup>  | 7900 | 7900 |
| State of New York, Dormitory Auth., Rev. Bonds (Fordham University), Series 2008-A-2, 3.32% 7/1/2032 <sup>(b)</sup>  | 5405 | 5405 |
| State of New York, New York City GO Bonds, Fiscal 2012, Series 2012-G-6, 2.85% 4/1/2042 <sup>(b)</sup>  | 3920 | 3920 |
| State of New York, New York City GO Bonds, Fiscal 2013, Series 2013-F-3, 2.50% 3/1/2042 <sup>(b)</sup>  | 16100 | 16100 |
| State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. <br> Bonds, Series 2016-AA-1, 2.50% 6/15/2048 <sup>(b)</sup>  | 12000 | 12000 |
| State of New York, New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2019, Series 2019-B-4, 2.50% <br> 8/1/2042 <sup>(b)</sup>  | 5500 | 5500 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Bonds, Series 2001-C, 2.50% 1/1/2032 <sup>(b)</sup>  | 3020 | 3020 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds, Series 2005-B-3, 2.50% 1/1/2035 <sup>(b)</sup>  | 36025 | 36025 |
| State of Ohio, Hospital Rev. Bonds (Cleveland Clinic Health System Obligated Group), Series 2013-B-3, 2.55% <br> 1/1/2039 <sup>(b)</sup>  | 595 | 595 |
| State of Pennsylvania, Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series <br> 2019-B-2, AMT, 3.85% 4/1/2049 (put 1/15/2026) <sup>(l)</sup>  | 640 | 640 |
| State of South Carolina, Jobs-Econ. Dev. Auth., Hospital Rev. Bonds (Prisma Health Obligated Group), Series 2018-B, <br> 2.45% 5/1/2048 <sup>(b)</sup>  | 15620 | 15620 |
| State of Tennessee, City of Clarksville, Public Building Auth., Pooled Fncg. Rev. Bonds, Series 2003, Bank of America <br> LOC, 2.58% 1/1/2033 <sup>(b)</sup>  | 1010 | 1010 |
| State of Tennessee, County of Montgomery, Public Building Auth., Pooled Fncg. Rev. Bonds (Tennessee County Loan <br> Pool), Series 2002, Bank of America LOC, 2.55% 4/1/2032 <sup>(b)</sup>  | 1100 | 1100 |
| State of Tennessee, Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson <br> County, Multi Family Rev. Bonds (HV Land Co. Apartments), Series 2022, 3.35% 6/1/2044 (put 12/1/2026) <sup>(l)</sup>  | 3210 | 3211 |
| State of Texas, Capital Area Housing Fin. Corp., Multi Family Housing Rev. Bonds (Redwood Apartments), Series 2020, <br> 3.20% 1/1/2041 (put 1/1/2027) <sup>(l)</sup>  | 2000 | 2000 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **106** |

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Short-term securities (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Municipals (continued)** | **Municipals (continued)** | **Municipals (continued)** |
| State of Texas, Lower Neches Valley Auth. Industrial Dev. Corp., Exempt Facs. Rev. Ref. Bonds (ExxonMobil Project), <br> Series 2002-A, 2.55% 11/1/2029 <sup>(b)</sup>  | USD<br> 9,205<br>| $9205 |
| State of Texas, Lower Neches Valley Auth. Industrial Dev. Corp., Rev. Bonds (ExxonMobil Project), Series 2010, 2.55% <br> 11/1/2038 <sup>(b)</sup>  | 5875 | 5875 |
| State of Virginia, County of Loudoun, Industrial Dev. Auth., Multi-Modal Rev. Bonds (Howard Hughes Medical Institute <br> Issue), Series 2003-C, 2.40% 2/15/2038 <sup>(b)</sup>  | 5000 | 5000 |
| State of Wyoming, County of Sublette, Pollution Control Rev. Ref. Bonds (ExxonMobil Project), Series 2014, 2.50% <br> 10/1/2044 <sup>(b)</sup>  | 18905 | 18905 |
|  |  | 321669 |
| **Total short-term securities** (cost: $321,665,000) |  | 321669 |
| **Total investment securities 99.65%** (cost: $4,718,224,000) |  | 4786127 |
| Other assets less liabilities 0.35% |  | 16624 |
| **Net assets 100.00%** |  | $4802751 |

---

**Futures contracts**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &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; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 1007 | 3/31/2026 | USD210,251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(91)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 323 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134 |
| 10 Year U.S. Treasury Note Futures | Short | 200 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22488)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (72)<br>|
| 10 Year Ultra U.S. Treasury Note Futures | Short | 457 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (52562)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $91 |

---

**Restricted security** <sup>(e)</sup>

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh <br> Valley), Series 2024-A, 5.10% 6/15/2039 <br>| 6/14/2024 | $4890 | $4932 | 0.11<br> %<br>|

---

<sup>(a)</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 $272,226,000, which represented 5.67% of the net assets of the fund. 

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

<sup>(d)</sup> Scheduled interest payment was not received. Coupon payments are paid at the election of the issuer and any unpaid amounts are accumulated.

<sup>(e)</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>(f)</sup> Scheduled interest and/or principal payment was not received.

<sup>(g)</sup> Value determined using significant unobservable inputs.

<sup>(h)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $510,000, which represented 0.01% of the net assets of the fund. 

<sup>(i)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(j)</sup> Non-income producing.

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

<sup>(l)</sup> For short-term securities, the mandatory put date is considered to be the maturity date.

---

| | |
|:---|:---|
| **107** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal Income ETF (continued)

---

| |
|:---|
| **Key to abbreviation(s)** |
| Agcy. = Agency |
| AGI = Assured Guaranty insured |
| AMBAC = American Municipal Bond Assurance <br> Company insured<br>|
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| BAM = Build America Mutual insured |
| CAB = Capital Appreciation Bonds |
| Certs. = Certificates |
| CME = CME Group |

---

---

| |
|:---|
| Dept. = Department |
| Dev. = Development |
| Dist. = District |
| Dists. = Districts |
| Econ. = Economic |
| Fac. = Facility |
| Facs. = Facilities |
| Fin. = Finance |
| Fncg. = Financing |
| GO = General Obligation |
| LOC = Letter of Credit |

---

---

| |
|:---|
| NATL = National Public Finance Guarantee Corp. <br> insured<br>|
| Part. = Participation |
| preref. = Prerefunded |
| Redev. = Redevelopment |
| Ref. = Refunding |
| Rev. = Revenue |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **108** |

---

------

Capital Group Municipal High-Income ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 96.04% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alabama 2.60%** | **Alabama 2.60%** | **Alabama 2.60%** |
| County of Baldwin, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Novelis Corp. Project), Series 2025-B, AMT, <br> 4.625% 6/1/2055 (put 6/1/2032) <sup>(a)</sup>  | USD<br> 3,865<br>| $3884 |
| County of Baldwin, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Novelis Corp. Project), Series 2025-A, AMT, <br> 5.00% 6/1/2055 (put 6/1/2032) <sup>(a)</sup>  | 4610 | 4703 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-B, 5.00% 10/1/2035  | 3145 | 3242 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2023-C, 5.50% 10/1/2054 (put 6/1/2032)  | 105 | 116 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-C, 5.00% 5/1/2055 (put 7/1/2031)  | 720 | 772 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-B, 5.00% 10/1/2055 (put 9/1/2032)  | 5630 | 6057 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-E, 5.00% 12/1/2055 (put 5/1/2035)  | 2300 | 2462 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-C, 5.50% 11/1/2056 (put 8/1/2034) <sup>(a)</sup>  | 500 | 530 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (BP P.L.C), Series 2024-D, 5.00% 3/1/2055 (put 11/1/2034)  | 2545 | 2723 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 7), Series 2021-C-1, 4.00% 10/1/2052 (put 12/1/2026)  | 1860 | 1868 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 8), Series 2022-A, 4.00% 12/1/2052 (put 12/1/2029)  | 2485 | 2544 |
| Black Belt Energy Gas Dist., Gas Project Rev. Ref. Bonds, Series 2025-D, 5.00% 12/1/2055 (put 8/1/2035)  | 2125 | 2283 |
| Black Belt Energy Gas Dist., Gas Supply Prepay Rev. Bonds (Project No. 5), Series 2020-A-1, 4.00% 10/1/2049 (put <br> 10/1/2026)  | 35 | 35 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 6/1/2051 (put 12/1/2031)  | 1125 | 1151 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2023-B, 5.25% 12/1/2053 (put 12/1/2026)  | 130 | 140 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2025-A, 5.00% 11/1/2035  | 850 | 901 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2023-A-1, 5.50% 11/1/2053 (put 1/1/2031)  | 1530 | 1672 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2023-B-1, 5.75% 4/1/2054 (put 11/1/2031)  | 410 | 454 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2024-B, 5.25% 7/1/2054 (put 6/1/2032)  | 2875 | 3130 |
| City of Homewood, Educational Building Auth., Rev. Bonds (CHF - Horizons II, LLC, Student Housing & Parking Project <br> at Samford University), Series 2024-C, 5.50% 10/1/2049  | 500 | 507 |
| City of Homewood, Educational Building Auth., Rev. Bonds (CHF - Horizons II, LLC, Student Housing & Parking Project <br> at Samford University), Series 2024-C, 5.50% 10/1/2054  | 275 | 278 |
| City of Homewood, Educational Building Auth., Rev. Bonds (CHF - Horizons II, LLC, Student Housing & Parking Project <br> at Samford University), Series 2024-C, 5.00% 10/1/2056  | 135 | 128 |
| City of Hoover, Industrial Dev. Board, Environmental Improvement Rev. Bonds (U.S. Steel Corp. Project), Series 2019, <br> AMT, 5.75% 10/1/2049  | 890 | 897 |
| City of Hoover, Industrial Dev. Board, Environmental Improvement Rev. Bonds (U.S. Steel Corp. Project), Series 2020, <br> AMT, 6.375% 11/1/2050 (put 11/1/2030)  | 210 | 231 |
| County of Houston, Health Care Auth., Hospital Rev. Bonds, Series 2016-A, 5.00% 10/1/2030  | 540 | 541 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2040  | 250 | 274 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2041  | 70 | 76 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2043  | 115 | 123 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2049  | 710 | 734 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.50% 10/1/2053  | 630 | 659 |
| County of Mobile Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (AM/NS Calvert, LLC Project), Series 2024-A, <br> AMT, 5.00% 6/1/2054  | 920 | 880 |
| County of Mobile Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (AM/NS Calvert, LLC Project), Series 2024-B, <br> AMT, 4.75% 12/1/2054  | 6115 | 5620 |
| City of Phenix, Industrial Dev. Board, Environmental Improvement Rev. Ref. Bonds (MeadWestvaco-Mead Coated <br> Board Project), Series 2012-A, AMT, 4.125% 5/15/2035  | 2380 | 2352 |
| Public Educational Building Auth. of Jacksonville, Higher Educational Facs. Rev. Bonds (JSU Foundation Project), Series <br> 2024-A, BAM, 5.00% 8/1/2056  | 605 | 611 |
| City of Selma, Industrial Dev. Board, Gulf Opportunity Zone Rev. Ref. Bonds (International Paper Co. Project), Series <br> 2020-A, 4.20% 5/1/2034  | 710 | 738 |
| South East Gas Supply Dist., Gas Supply Rev. Ref. Bonds (Project No. 2), Series 2024-B, 5.00% 6/1/2049 (put 5/1/2032)  | 3085 | 3312 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 1), Series 2021-A, 4.00% 11/1/2051 (put <br> 10/1/2028)  | 345 | 349 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 2), Series 2021-B-1, 4.00% 12/1/2051 (put <br> 12/1/2031)  | 1510 | 1526 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 3), Series 2022-A-1, 5.50% 1/1/2053 (put <br> 12/1/2029)  | 220 | 236 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2024-A, 5.00% 11/1/2035  | 1220 | 1296 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-B, 5.25% 3/1/2055 (put 1/1/2033)  | 885 | 934 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2024-C, 5.00% 11/1/2055 (put <br> 11/1/2032)  | 1675 | 1811 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-A, 5.00% 1/1/2056 (put 6/1/2035)  | 1825 | 1903 |
|  |  | 64683 |

---

---

| | |
|:---|:---|
| **109** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alaska 0.09%** | **Alaska 0.09%** | **Alaska 0.09%** |
| Housing Fin. Corp., General Mortgage Rev. Bonds, Series 2016-A, 2.15% 6/1/2026  | USD<br> 50<br>| $50 |
| Housing Fin. Corp., General Mortgage Rev. Bonds, Series 2024-A, 6.00% 6/1/2054  | 70 | 76 |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds, Series 2015, AMT, 5.00% 1/1/2033  | 220 | 220 |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds, Series 2015, AMT, 5.00% 1/1/2034  | 220 | 220 |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds (Snettisham Hydroelectric Project), Series 2015, AMT, 5.00% <br> 1/1/2029  | 220 | 220 |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds (Snettisham Hydroelectric Project), Series 2015, AMT, 5.00% <br> 1/1/2030  | 1400 | 1401 |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds (Snettisham Hydroelectric Project), Series 2015, AMT, 5.00% <br> 1/1/2031  | 165 | 165 |
|  |  | 2352 |
| **American Samoa 0.08%** | **American Samoa 0.08%** | **American Samoa 0.08%** |
| Econ. Dev. Auth., General Rev. Bonds, Series 2021-A, 5.00% 9/1/2038 <sup>(a)</sup>  | 160 | 164 |
| Econ. Dev. Auth., General Rev. Bonds, Series 2025-B, 5.25% 9/1/2045 <sup>(a)</sup>  | 555 | 556 |
| Econ. Dev. Auth., Rev. Ref. Bonds, Series 2015-A, 7.125% 9/1/2038 <sup>(a)</sup>  | 1180 | 1258 |
|  |  | 1978 |
| **Arizona 2.88%** | **Arizona 2.88%** | **Arizona 2.88%** |
| City of Chandler, Industrial Dev. Auth., Industrial Dev. Rev. Bonds (Intel Corp. Project), Series 2022-1, AMT, 5.00% <br> 9/1/2042 (put 9/1/2027)  | 100 | 102 |
| City of Chandler, Industrial Dev. Auth., Industrial Dev. Rev. Bonds (Intel Corp. Project), Series 2022-2, AMT, 5.00% <br> 9/1/2052 (put 9/1/2027)  | 1555 | 1585 |
| Coconino County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Nevada Power Company Projects), Series <br> 2017-A, AMT, 4.125% 9/1/2032 (put 3/31/2026)  | 110 | 110 |
| City of Glendale, Industrial Dev. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern <br> University Foundation), Series 2021-A, AMT, 2.125% 7/1/2033  | 50 | 43 |
| City of Glendale, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Glencroft Retirement Community Project), Series <br> 2016, 4.25% 11/15/2026  | 10 | 10 |
| City of Glendale, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Glencroft Retirement Community Project), Series <br> 2016, 5.00% 11/15/2036  | 320 | 308 |
| City of Glendale, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Glencroft Retirement Community Project), Series <br> 2016, 5.25% 11/15/2046  | 170 | 151 |
| City of Glendale, Industrial Dev. Auth., Rev. Ref. Bonds (The Terraces of Phoenix Project), Series 2018-A, 4.00% <br> 7/1/2028  | 30 | 30 |
| City of Glendale, Industrial Dev. Auth., Rev. Ref. Bonds (The Terraces of Phoenix Project), Series 2018-A, 5.00% <br> 7/1/2033  | 120 | 121 |
| City of Glendale, Industrial Dev. Auth., Rev. Ref. Bonds (The Terraces of Phoenix Project), Series 2018-A, 5.00% <br> 7/1/2048  | 880 | 806 |
| City of Glendale, Industrial Dev. Auth., Senior Living Rev. Bonds (Royal Oaks - Insirata Pointe), Series 2020-A, 5.00% <br> 5/15/2056  | 875 | 747 |
| City of Glendale, Industrial Dev. Auth., Senior Living Rev. Bonds (Royal Oaks Life Care Community), Series 2016, 4.00% <br> 5/15/2026  | 75 | 75 |
| City of Glendale, Industrial Dev. Auth., Senior Living Rev. Bonds (Royal Oaks Life Care Community), Series 2016, 5.00% <br> 5/15/2039  | 515 | 509 |
| Health Facs. Auth., Rev. Bonds (Banner Health), Series 2007-B, (3-month USD CME Term SOFR x 0.67 + 0.81%) 4.08% <br> 1/1/2037 <sup>(b)</sup>  | 1020 | 1009 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2037  | 125 | 124 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2038  | 65 | 64 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2039  | 80 | 78 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2040  | 85 | 81 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2045  | 500 | 447 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2050  | 615 | 525 |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Jerome Fac. Project), Series <br> 2021-B, 4.00% 7/1/2051  | 195 | 161 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **110** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Arizona (continued)** | **Arizona (continued)** | **Arizona (continued)** |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Jerome Fac. Project), Series <br> 2021-B, 4.00% 7/1/2061  | USD<br> 570<br>| $453 |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Macombs Fac. Project), Series <br> 2021-A, 4.00% 7/1/2041  | 395 | 364 |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Macombs Fac. Project), Series <br> 2021-A, 4.00% 7/1/2051  | 730 | 605 |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Macombs Fac. Project), Series <br> 2021-A, 4.00% 7/1/2061  | 690 | 548 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence - East Tucson and Central Tucson <br> Projects), Series 2019-A, 5.00% 7/1/2039 <sup>(a)</sup>  | 490 | 490 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence - East Tucson and Central Tucson <br> Projects), Series 2019-A, 5.00% 7/1/2049 <sup>(a)</sup>  | 880 | 798 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence - East Tucson and Central Tucson <br> Projects), Series 2019-A, 5.00% 7/1/2054 <sup>(a)</sup>  | 690 | 612 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-A, 4.00% <br> 7/1/2042  | 1885 | 1629 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-B, 4.25% <br> 7/1/2042  | 325 | 290 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-B, 4.50% <br> 7/1/2052  | 600 | 505 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-A, 4.50% <br> 7/1/2054  | 500 | 417 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-B, 4.50% <br> 7/1/2057  | 315 | 260 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-B, 5.50% 7/1/2038 <sup>(a)</sup>  | 260 | 262 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 5.00% 7/1/2039 <sup>(a)</sup>  | 225 | 226 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2017-B, 5.125% <br>7/1/2047 <sup>(a)</sup>  | 270 | 253 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-A, 5.00% 7/1/2048  | 250 | 246 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-B, 5.625% <br>7/1/2048 <sup>(a)</sup>  | 280 | 278 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 5.00% 7/1/2049 <sup>(a)</sup>  | 340 | 311 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2017-A, 5.00% 7/1/2051  | 1000 | 971 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2017-B, 5.25% 7/1/2051 <sup>(a)</sup>  | 70 | 66 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-B, 5.75% 7/1/2053 <sup>(a)</sup>  | 415 | 415 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 5.00% 7/1/2054 <sup>(a)</sup>  | 225 | 202 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2025-A, 4.875% 7/1/2060 <br> (put 7/1/2035) <sup>(a)</sup>  | 135 | 135 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-G, 4.00% 7/1/2027 <sup>(a)</sup>  | 110 | 110 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-D, 5.00% 7/1/2037 <sup>(a)</sup>  | 175 | 176 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-G, 5.00% 7/1/2037 <sup>(a)</sup>  | 70 | 70 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-A, 5.125% 7/1/2037 <sup>(a)</sup>  | 170 | 170 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-D, 5.00% 7/1/2047 <sup>(a)</sup>  | 250 | 237 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-G, 5.00% 7/1/2047 <sup>(a)</sup>  | 375 | 356 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-A, 5.25% 7/1/2047 <sup>(a)</sup>  | 375 | 367 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-A, 5.375% 7/1/2050 <sup>(a)</sup>  | 3525 | 3485 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-D, 5.00% 7/1/2051 <sup>(a)</sup>  | 545 | 509 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-G, 5.00% 7/1/2051 <sup>(a)</sup>  | 170 | 159 |
| Industrial Dev. Auth., Education Rev. Bonds (Doral Academy of Nevada - Fire Mesa and Red Rock Campus Projects), <br> Series 2019-A, 3.55% 7/15/2029  | 60 | 59 |
| Industrial Dev. Auth., Education Rev. Bonds (Doral Academy of Nevada - Fire Mesa and Red Rock Campus Projects), <br> Series 2019-A, 5.00% 7/15/2039  | 585 | 587 |
| Industrial Dev. Auth., Education Rev. Bonds (Doral Academy of Nevada - Fire Mesa and Red Rock Campus Projects), <br> Series 2019-A, 5.00% 7/15/2049  | 1015 | 929 |
| Industrial Dev. Auth., Education Rev. Bonds (Doral Academy of Nevada - Pebble Campus Projects), Series 2020-A, <br> 5.00% 7/15/2050 <sup>(a)</sup>  | 250 | 227 |
| Industrial Dev. Auth., Education Rev. Bonds (KIPP Nashville Projects), Series 2022-A, 5.00% 7/1/2057  | 250 | 245 |
| Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Nevada - Cadence Campus Project), Series 2020-A, <br> 4.00% 7/15/2040 <sup>(a)</sup>  | 205 | 191 |
| Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Nevada - Cadence Campus Project), Series 2020-A, <br> 4.00% 7/15/2050 <sup>(a)</sup>  | 285 | 230 |
| Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Nevada - Horizon, Inspirada and St. Rose Campus <br> Projects), Series 2018-A, 5.75% 7/15/2038 <sup>(a)</sup>  | 230 | 231 |

---

---

| | |
|:---|:---|
| **111** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Arizona (continued)** | **Arizona (continued)** | **Arizona (continued)** |
| Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Nevada - Horizon, Inspirada and St. Rose Campus <br> Projects), Series 2018-A, 5.75% 7/15/2048 <sup>(a)</sup>  | USD<br> 855<br>| $855 |
| Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Nevada - Sloan Canyon Campus Project), Series <br> 2020-A-1, 5.00% 7/15/2040 <sup>(a)</sup>  | 250 | 253 |
| Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Northern Nevada Project), Series 2022-A, 4.50% <br> 7/15/2029 <sup>(a)</sup>  | 590 | 574 |
| Industrial Dev. Auth., Education Rev. Bonds (Somerset Academy of Las Vegas - Aliante and Skye Canyon Campus <br> Projects), Series 2021-A, 3.00% 12/15/2031 <sup>(a)</sup>  | 75 | 71 |
| Industrial Dev. Auth., Education Rev. Bonds (Somerset Academy of Las Vegas - Aliante and Skye Canyon Campus <br> Projects), Series 2021-A, 4.00% 12/15/2051 <sup>(a)</sup>  | 260 | 202 |
| Industrial Dev. Auth., Education Rev. Bonds (Somerset Academy of Las Vegas - Lone Mountain Campus Projects), <br> Series 2019-A, 3.75% 12/15/2029 <sup>(a)</sup>  | 40 | 40 |
| Industrial Dev. Auth., Education Rev. Bonds (Somerset Academy of Las Vegas - Lone Mountain Campus Projects), <br> Series 2019-A, 5.00% 12/15/2039 <sup>(a)</sup>  | 55 | 55 |
| Industrial Dev. Auth., Education Rev. Bonds (Somerset Academy of Las Vegas - Lone Mountain Campus Projects), <br> Series 2019-A, 5.00% 12/15/2049 <sup>(a)</sup>  | 95 | 88 |
| Industrial Dev. Auth., Multi Family Housing Rev. Bonds (The Acacia At Youngtown Phase II Project), Series 2024, 5.00% <br> 11/1/2058 (put 7/1/2027)  | 1061 | 1082 |
| Industrial Dev. Auth., Municipal Certs., Series 2019-2, Class X, interest only, 0.91% 5/20/2033 <sup>(b)(c)</sup>  | 987 | 33 |
| Industrial Dev. Auth., Municipal Certs., Series 2019-2, Class A, 3.625% 5/20/2033  | 3973 | 3941 |
| County of La Paz, Industrial Dev. Auth, Education Fac. Lease Rev. Bonds (Charter School Solutions Albuquerque School <br> of Excellence Project), Series 2016-A, 5.00% 2/15/2046 <sup>(a)</sup>  | 605 | 563 |
| County of La Paz, Industrial Dev. Auth, Education Fac. Lease Rev. Bonds (Harmony Education Foundation-Harmony <br> Public Schools Project), Series 2021-A, 4.00% 2/15/2041  | 205 | 188 |
| County of Maricopa, Industrial Dev. Auth., Charter School Rev. Bonds (Paradis Schools Projects), Series 2025, 5.625% <br> 7/1/2045 <sup>(a)</sup>  | 65 | 65 |
| County of Maricopa, Industrial Dev. Auth., Charter School Rev. Bonds (Paradis Schools Projects), Series 2025, 5.875% <br> 7/1/2060 <sup>(a)</sup>  | 135 | 135 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Benjamin Franklin Charter School Projects), Series <br> 2018-A, 6.00% 7/1/2038 <sup>(a)</sup>  | 220 | 226 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Benjamin Franklin Charter School Projects), Series <br> 2018-A, 6.00% 7/1/2052 <sup>(a)</sup>  | 400 | 402 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-B, <br> 2.10% 7/1/2026 <sup>(a)</sup>  | 35 | 34 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-B, <br> 2.625% 7/1/2031 <sup>(a)</sup>  | 390 | 362 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2019-B, <br> 5.00% 7/1/2039 <sup>(a)</sup>  | 395 | 402 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-A, <br> 4.00% 7/1/2041 <sup>(a)</sup>  | 110 | 100 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-B, <br> 3.50% 7/1/2044 <sup>(a)</sup>  | 1265 | 999 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2020, <br> 5.25% 7/1/2045  | 340 | 344 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2019-A, <br> 5.00% 7/1/2049  | 100 | 99 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2019-B, <br> 5.00% 7/1/2049 <sup>(a)</sup>  | 550 | 526 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-A, <br> 4.00% 7/1/2051 <sup>(a)</sup>  | 285 | 231 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2019-B, <br> 5.00% 7/1/2054 <sup>(a)</sup>  | 555 | 524 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-A, <br> 4.00% 7/1/2056 <sup>(a)</sup>  | 160 | 127 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2025-A, <br> 5.50% 7/1/2060  | 210 | 210 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Paradise Schools Projects), Series 2016, 5.00% <br> 7/1/2036 <sup>(a)</sup>  | 475 | 476 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Paradise Schools Projects), Series 2016, 5.00% <br> 7/1/2047 <sup>(a)</sup>  | 1445 | 1324 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Ref. Bonds (Legacy Traditional Schools Projects), Series 2024, <br> 4.00% 7/1/2039  | 250 | 237 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **112** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Arizona (continued)** | **Arizona (continued)** | **Arizona (continued)** |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Ref. Bonds (Legacy Traditional Schools Projects), Series 2024, <br> 4.25% 7/1/2044  | USD<br> 200<br>| $179 |
| County of Maricopa, Industrial Dev. Auth., Facs. Rev. Bonds (Commercial Metals Co. Project), Series 2022, AMT, 4.00% <br> 10/15/2047 <sup>(a)</sup>  | 3915 | 3319 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Banner Health), Series 2019-E, 3.00% 1/1/2049  | 465 | 347 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Banner Health), Series 2019-F, 3.00% 1/1/2049  | 100 | 75 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Verrado Marketplace Project), Series 2025, 4.375% 5/1/2033 <sup>(a)</sup>  | 1300 | 1280 |
| County of Maricopa, Pollution Control Rev. Ref. Bonds (El Paso Electric Co. Palo Verde Project), Series 2009-A, 3.60% <br> 2/1/2040  | 320 | 300 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Palo Verde Project), Series 2009-B, 3.60% <br> 4/1/2040  | 290 | 272 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series <br> 2000-A, 2.40% 6/1/2035  | 435 | 372 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series <br> 2000-B, 2.40% 6/1/2035  | 450 | 385 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Basis Schools, Inc. Project), Series 2015, 5.00% <br> 7/1/2035 <sup>(a)</sup>  | 765 | 765 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Basis Schools, Inc. Project), Series 2016-A, 5.00% <br> 7/1/2035 <sup>(a)</sup>  | 165 | 165 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Basis Schools, Inc. Project), Series 2015, 5.00% <br> 7/1/2045 <sup>(a)</sup>  | 440 | 426 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Basis Schools, Inc. Project), Series 2016-A, 5.00% <br> 7/1/2046 <sup>(a)</sup>  | 805 | 770 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2016-A, <br> 4.00% 7/1/2026 <sup>(a)</sup>  | 70 | 70 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2015, <br> 5.00% 7/1/2035 <sup>(a)</sup>  | 460 | 460 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2016-A, <br> 5.00% 7/1/2041 <sup>(a)</sup>  | 3690 | 3691 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2015, <br> 5.00% 7/1/2045 <sup>(a)</sup>  | 1370 | 1328 |
| City of Phoenix, Industrial Dev. Auth., Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2016-A, <br> 5.00% 7/1/2046 <sup>(a)</sup>  | 525 | 503 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series 2019, <br> 5.00% 6/15/2034 <sup>(a)</sup>  | 70 | 70 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series 2021, <br> 4.00% 6/15/2041 <sup>(a)</sup>  | 950 | 835 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series 2021, <br> 4.00% 6/15/2041 <sup>(a)</sup>  | 80 | 70 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series 2021, <br> 4.00% 6/15/2051 <sup>(a)</sup>  | 260 | 201 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series 2021, <br> 4.00% 6/15/2057 <sup>(a)</sup>  | 85 | 64 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy), Series 2019, 5.00% <br> 6/15/2039 <sup>(a)</sup>  | 70 | 70 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy), Series 2019, 5.00% <br> 6/15/2049 <sup>(a)</sup>  | 140 | 128 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy), Series 2019, 5.00% <br> 6/15/2052 <sup>(a)</sup>  | 240 | 215 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (Imagine East Mesa Charter Schools Project), Series <br> 2019, 5.00% 7/1/2034 <sup>(a)</sup>  | 50 | 50 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (Imagine East Mesa Charter Schools Project), Series <br> 2019, 5.00% 7/1/2039 <sup>(a)</sup>  | 60 | 60 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Bonds (Imagine East Mesa Charter Schools Project), Series <br> 2019, 5.00% 7/1/2049 <sup>(a)</sup>  | 165 | 151 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Ref. Bonds (American Leadership Academy Project), Series <br> 2022, 4.00% 6/15/2051 <sup>(a)</sup>  | 510 | 396 |
| County of Pima, Industrial Dev. Auth., Education Fac. Rev. Ref. Bonds (American Leadership Academy Project), Series <br> 2022, 4.00% 6/15/2057 <sup>(a)</sup>  | 710 | 535 |
| County of Pima, Industrial Dev. Auth., Senior Living Rev. Bonds (La Posada at Pusch Ridge Project), Series 2022-A, <br> 6.75% 11/15/2042 <sup>(a)</sup>  | 335 | 364 |
| County of Pima, Industrial Dev. Auth., Senior Living Rev. Bonds (La Posada at Pusch Ridge Project), Series 2022-A, <br> 6.875% 11/15/2052 <sup>(a)</sup>  | 950 | 1017 |

---

---

| | |
|:---|:---|
| **113** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Arizona (continued)** | **Arizona (continued)** | **Arizona (continued)** |
| County of Pima, Industrial Dev. Auth., Senior Living Rev. Bonds (La Posada at Pusch Ridge Project), Series 2022-A, <br> 7.00% 11/15/2057 <sup>(a)</sup>  | USD<br> 700<br>| $751 |
| County of Pinal, Industrial Dev. Auth., Environmental Facs. Rev. Green Bonds (WOF SW GGP 1, LLC Project), Series <br> 2021-B, AMT, 5.50% 10/1/2033 <sup>(d)</sup>  | 1761 | 1854 |
| County of Pinal, Industrial Dev. Auth., Environmental Facs. Rev. Green Bonds (WOF SW GGP 1, LLC Project), CAB, <br> Series 2021-B, AMT, 5.50% 10/1/2033 <sup>(a)(d)</sup>  | 1549 | 1631 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2024, 5.00% 6/15/2044 <sup>(a)</sup>  | 245 | 233 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2024, 5.00% 6/15/2054 <sup>(a)</sup>  | 490 | 441 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2023, 5.75% 6/15/2058 <sup>(a)</sup>  | 1215 | 1214 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2024, 5.00% 6/15/2059 <sup>(a)</sup>  | 475 | 421 |
| City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), Series <br> 2024, 5.00% 6/15/2064 <sup>(a)</sup>  | 700 | 612 |
| City of Tempe, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Friendship Village of Tempe Project), Series 2021-A, <br> 4.00% 12/1/2038  | 795 | 754 |
| City of Tempe, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Friendship Village of Tempe Project), Series 2021-A, <br> 4.00% 12/1/2046  | 610 | 507 |
| City of Tempe, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Friendship Village of Tempe Project), Series 2025-A, <br> 5.625% 12/1/2060  | 3120 | 3119 |
| County of Yavapai, Industrial Dev. Auth., Hospital Rev. Bonds (Yavapai Regional Medical Center), Series 2019, 4.00% <br> 8/1/2043  | 105 | 99 |
| County of Yavapai, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series <br> 2002, AMT, 1.30% 6/1/2027  | 490 | 472 |
|  |  | 71569 |
| **Arkansas 0.74%** | **Arkansas 0.74%** | **Arkansas 0.74%** |
| Dev. Fin. Auth., Environmental Improvement Rev. Bonds (United States Steel Corp. Project), Series 2022, AMT, 5.45% <br> 9/1/2052  | 1055 | 1056 |
| Dev. Fin. Auth., Environmental Improvement Rev. Green Bonds (United States Steel Corp. Project), Series 2023, AMT, <br> 5.70% 5/1/2053  | 320 | 325 |
| Dev. Fin. Auth., Industrial Dev. Rev. Bonds (Big River Steel Project), Series 2019, AMT, 4.50% 9/1/2049 <sup>(a)</sup>  | 9005 | 8755 |
| Dev. Fin. Auth., Industrial Dev. Rev. Green Bonds (Big River Steel Project), Series 2020, AMT, 4.75% 9/1/2049 <sup>(a)</sup>  | 6645 | 6510 |
| Dev. Fin. Auth., Resource Recovery Rev. Bonds (Weyerhaeuser Co. Project), Series 2025, AMT, 3.875% 10/15/2067 (put <br> 10/15/2032)  | 1650 | 1653 |
|  |  | 18299 |
| **California 9.13%** | **California 9.13%** | **California 9.13%** |
| Alameda Corridor Transportation Auth., Rev. Ref. Bonds, CAB, Series 2022-A, 0% 10/1/2049 (5.375% on 10/1/2037) <sup>(d)</sup>  | 65 | 37 |
| Alameda Corridor Transportation Auth., Rev. Ref. Bonds, CAB, Series 2022-C-2, 0% 10/1/2050 (5.40% on <br>10/1/2037) <sup>(d)</sup>  | 205 | 116 |
| Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Convertible CAB, Series 2022-C-2, AGI, 0% 10/1/2052 (5.45% <br> on 10/1/2037) <sup>(d)</sup>  | 245 | 139 |
| City of Alameda, Community Facs. Dist. No. 2013-1 (Alameda Landing Public Improvements), Special Tax Bonds, <br> Series 2016, 5.00% 9/1/2031  | 20 | 20 |
| City of Alameda, Community Facs. Dist. No. 2013-1 (Alameda Landing Public Improvements), Special Tax Bonds, <br> Series 2016, 5.00% 9/1/2032  | 20 | 20 |
| City of Alameda, Community Facs. Dist. No. 2013-1 (Alameda Landing Public Improvements), Special Tax Bonds, <br> Series 2016, 5.00% 9/1/2033  | 45 | 45 |
| Trustees of the California State University, Systemwide Rev. Bonds, Series 2025-A, 5.25% 11/1/2056  | 550 | 595 |
| Central Valley Energy Auth., Commodity Supply Rev. Bonds, Series 2025, 5.00% 12/1/2055 (put 8/1/2035)  | 1305 | 1423 |
| Chino Valley Unified School Dist., GO Bonds, CAB, 2016 Election, Series 2022-C, 0% 8/1/2035  | 75 | 53 |
| Chino Valley Unified School Dist., GO Bonds, CAB, 2016 Election, Series 2022-C, 0% 8/1/2036  | 85 | 57 |
| CMFA Special Fin. Agcy., Essential Housing Rev. Bonds (The Mix At CTR City), Series 2021-A-2, 4.00% 4/1/2056 <sup>(a)</sup>  | 550 | 414 |
| Coast Community College Dist., GO Bonds, CAB, 2012 Election, Series 2019-F, 0% 8/1/2040  | 550 | 311 |
| Coast Community College Dist., GO Bonds, CAB, 2012 Election, Series 2019-F, 0% 8/1/2042  | 880 | 440 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-G, 5.00% 12/1/2035  | 3985 | 4376 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1, 4.00% 2/1/2052 (put <br> 8/1/2031)  | 1435 | 1456 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **114** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-C, 5.25% 1/1/2054 (put <br> 10/1/2031)  | USD<br> 470<br>| $500 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-A, 5.00% 5/1/2054 (put <br> 4/1/2032)  | 1850 | 1984 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-G, 5.25% 11/1/2054 (put <br> 4/1/2030)  | 885 | 940 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-B, 5.00% 1/1/2055 (put <br> 12/1/2032)  | 395 | 412 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-E, 5.00% 2/1/2055 (put <br> 9/1/2032)  | 525 | 564 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-F, 5.00% 2/1/2055 (put <br> 11/1/2032)  | 1955 | 2115 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-C, 5.00% 8/1/2055 (put <br> 10/1/2032)  | 1275 | 1351 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-G, 5.00% 11/1/2055 (put <br> 8/1/2032)  | 905 | 942 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-C, 5.00% 12/1/2055 (put <br> 10/1/2033)  | 1500 | 1593 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-A, 5.00% 1/1/2056 (put <br> 5/1/2035)  | 920 | 970 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-B, 5.00% 3/1/2056 (put <br> 11/1/2035)  | 665 | 724 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Fountains at Emerald Park), Series 2021-A-2, 4.00% <br> 8/1/2046 <sup>(a)</sup>  | 730 | 619 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Fountains at Emerald Park), Series 2021-A-1, 3.00% <br> 8/1/2056 <sup>(a)</sup>  | 500 | 341 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Glendale Properties), Series 2021-A-2, 4.00% 8/1/2047 <sup>(a)</sup>  | 4425 | 3400 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Glendale Properties), Series 2021-A-1, 4.00% 2/1/2056 <sup>(a)</sup>  | 945 | 779 |
| Community Housing Agcy., Essential Housing Rev. Bonds (K Street Flats), Series 2021-A-2, 4.00% 8/1/2050 <sup>(a)</sup>  | 590 | 465 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Summit at Sausalito Apartments), Series 2021-A-2, 4.00% <br> 2/1/2050 <sup>(a)</sup>  | 2030 | 1490 |
| Community Housing Agcy., Essential Housing Rev. Bonds (The Exchange at Bayfront Apartments), Series 2021-A-2, <br> 4.00% 8/1/2051 <sup>(a)</sup>  | 3915 | 1757 |
| Community Housing Agcy., Essential Housing Rev. Bonds (The Exchange at Bayfront Apartments), Series 2021-A-2, <br> 3.00% 2/1/2057 <sup>(a)</sup>  | 2000 | 1233 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Verdant at Green Valley), Series 2019-A, 5.00% 8/1/2049 <sup>(a)</sup>  | 1100 | 1011 |
| Compton Unified School Dist., GO Bonds, CAB, 2015 Election, Series 2019-B, BAM, 0% 6/1/2034  | 110 | 80 |
| Compton Unified School Dist., GO Bonds, CAB, 2015 Election, Series 2019-B, BAM, 0% 6/1/2036  | 120 | 79 |
| Corona-Norco Unified School Dist., Public Fin. Auth., Special Tax Rev. Bonds, Series 2016-05-1, 4.00% 9/1/2029  | 70 | 70 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (1818 Platinum Triangle - Anaheim), <br> Series 2021-A-2, 3.25% 4/1/2057 <sup>(a)</sup>  | 195 | 141 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (1818 Platinum Triangle - Anaheim), <br> Series 2021-B, 4.00% 4/1/2057 <sup>(a)</sup>  | 1630 | 1204 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (777 Place - Pomona), Series 2021-B, <br> 4.00% 5/1/2057 <sup>(a)</sup>  | 385 | 271 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Acacia on Santa Rosa Creek), Series <br> 2021-B, 4.00% 10/1/2046 <sup>(a)</sup>  | 1755 | 1416 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Acacia on Santa Rosa Creek), Series <br> 2021-A, 4.00% 10/1/2056 <sup>(a)</sup>  | 215 | 176 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (City of Orange Portfolio), Series <br> 2021-A-1, 2.80% 3/1/2047 <sup>(a)</sup>  | 1465 | 1166 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (City of Orange Portfolio), Series <br> 2021-A-2, 3.00% 3/1/2057 <sup>(a)</sup>  | 1915 | 1300 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (City of Orange Portfolio), Series 2021-B, <br> 4.00% 3/1/2057 <sup>(a)</sup>  | 255 | 188 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Dublin), Series 2021-A-2, 3.00% <br> 2/1/2057 <sup>(a)</sup>  | 330 | 227 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Escondido Portfolio), Series 2021-A-1, <br> 3.00% 6/1/2048 <sup>(a)</sup>  | 700 | 498 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Escondido Portfolio), Series 2021-A-2, <br> 4.00% 6/1/2058 <sup>(a)</sup>  | 2180 | 1700 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Escondido Portfolio), Series 2021-B, <br> 4.00% 12/1/2059 <sup>(a)</sup>  | 3270 | 1752 |

---

---

| | |
|:---|:---|
| **115** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Millennium South Bay - Hawthorne), <br> Series 2021-A-1, 3.375% 7/1/2043 <sup>(a)</sup>  | USD<br> 672<br>| $553 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Millennium South Bay - Hawthorne), <br> Series 2021-B, 4.00% 7/1/2058 <sup>(a)</sup>  | 807 | 443 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Monterey Station Apartments), Series <br> 2021-A-2, 3.125% 7/1/2056 <sup>(a)</sup>  | 1300 | 845 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Parallel-Anaheim), Series 2021-A, 4.00% <br> 8/1/2056 <sup>(a)</sup>  | 4105 | 3674 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Park Crossing Apartments), Series <br> 2021-A, 3.25% 12/1/2058 <sup>(a)</sup>  | 1630 | 1117 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-A-1, <br> 2.65% 12/1/2046 <sup>(a)</sup>  | 555 | 465 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-A-2, <br> 3.00% 12/1/2056 <sup>(a)</sup>  | 1040 | 730 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-B, <br> 4.00% 12/1/2056 <sup>(a)</sup>  | 4615 | 3499 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (The Link - Glendale), Series 2021-A-2, <br> 4.00% 7/1/2056 <sup>(a)</sup>  | 2818 | 2150 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Theo - Pasadena), Series 2021-A-2, <br> 3.25% 5/1/2057 <sup>(a)</sup>  | 445 | 316 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Union South Bay), Series 2021-A-1, <br> 3.10% 7/1/2045 <sup>(a)</sup>  | 1601 | 1365 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Union South Bay), Series 2021-A-2, <br> 4.00% 7/1/2056 <sup>(a)</sup>  | 8805 | 7260 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Westgate Phase 1 - Pasadena), Series <br> 2021-A-1, 3.00% 6/1/2047 <sup>(a)</sup>  | 290 | 204 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Westgate Phase 1 - Pasadena), Series <br> 2021-A-2, 3.125% 6/1/2057 <sup>(a)</sup>  | 1805 | 1086 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Wood Creek Apartments), Series <br> 2021-A-2, 4.00% 12/1/2058 <sup>(a)</sup>  | 685 | 489 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Wood Creek Apartments), Series <br> 2021-B, 4.00% 12/1/2059 <sup>(a)</sup>  | 250 | 139 |
| City of Dublin, Community Facs. Dist. No. 2015-1 (Dublin Crossing), Improvement Area No. 3, Special Tax Bonds, <br> Series 2021, 4.00% 9/1/2045  | 85 | 77 |
| City of Dublin, Community Facs. Dist. No. 2015-1 (Dublin Crossing), Improvement Area No. 3, Special Tax Bonds, <br> Series 2021, 4.00% 9/1/2051  | 85 | 73 |
| East County Advanced Water Purification JT Powers Auth. Green Bonds, Series 2024-A-1, 3.125% 9/1/2026  | 2000 | 2004 |
| Educational Facs. Auth., Rev. Bonds (Chapman University), Series 2017-B, 4.00% 4/1/2047  | 235 | 217 |
| Educational Facs. Auth., Rev. Bonds (Saint Mary's College of California), Series 2023-A, 5.25% 10/1/2044  | 160 | 157 |
| Enterprise Dev. Auth., Charter School Rev. Bonds (The Rocklin Academy Project), Series 2024, 5.00% 6/1/2064 <sup>(a)</sup>  | 250 | 229 |
| Etiwanda School Dist., GO Bonds, CAB, 2016 Election, Series 2020-A, 0% 8/1/2038  | 130 | 82 |
| Etiwanda School Dist., GO Bonds, CAB, 2016 Election, Series 2020-A, 0% 8/1/2039  | 110 | 66 |
| Etiwanda School Dist., GO Bonds, CAB, 2016 Election, Series 2020-A, 0% 8/1/2040  | 110 | 62 |
| Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, CAB, Series 2015-A, AGI, 0% 1/15/2034  | 1000 | 787 |
| Hastings Campus Housing Fin. Auth., Campus Housing Rev. Green Bonds, Series 2020-A, 5.00% 7/1/2061 <sup>(a)</sup>  | 4220 | 3804 |
| Hastings Campus Housing Fin. Auth., Campus Housing Rev. Green Bonds, Convertible CAB, Series 2020-B, 0% <br> 7/1/2061 (6.75% on 7/1/2035) <sup>(a)(d)</sup>  | 1100 | 538 |
| Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2024-A, 5.00% 12/1/2028  | 100 | 106 |
| Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2013-A, 4.00% 3/1/2043  | 220 | 203 |
| Health Facs. Fncg. Auth., Rev. Bonds (Cedars-Sinai Medical Center), Series 2021-A, 3.00% 8/15/2051  | 910 | 659 |
| Health Facs. Fncg. Auth., Rev. Bonds (Children's Hospital Los Angeles), Series 2017-A, 5.00% 8/15/2047  | 335 | 313 |
| Health Facs. Fncg. Auth., Rev. Bonds (CommonSpirit Health), Series 2020-A, 4.00% 4/1/2045  | 2325 | 2177 |
| Housing Fin. Agcy., Municipal Certs., Series 2019-1, Class A, 4.25% 1/15/2035  | 645 | 667 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-1, 3.50% 11/20/2035  | 5808 | 5758 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036  | 4032 | 3870 |
| Housing Fin. Agcy., Municipal Certs., Series 2023-1, Class X, 0.297% 9/20/2036 <sup>(b)</sup>  | 11055 | 241 |
| Housing Fin. Agcy., Municipal Certs., Series 2023-1, Class A, 4.375% 9/20/2036  | 1475 | 1530 |
| Independent Cities Lease Fin. Auth., Mobile Home Park Rev. Ref. Bonds (Palomar Estates West), Series 2015, 5.00% <br> 9/15/2036  | 135 | 135 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (Brightline West Passenger Rail Project), Series 2025, AMT, 3.50% <br> 1/1/2065 (put 11/2/2026) <sup>(a)</sup>  | 4500 | 4500 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (WFCS Portfolio Projects), Series 2021-A-1, 5.00% 1/1/2056 <sup>(a)</sup>  | 420 | 361 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (WFCS Portfolio Projects), CAB, Series 2021-B, 0% 1/1/2061 <sup>(a)</sup>  | 9130 | 820 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **116** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| Infrastructure and Econ. Dev. Bank, Rev. Green Bonds (Brightline West Passenger Rail Project), Series 2025-B, AMT, <br> 12.00% 1/1/2065 (put 11/2/2026) <sup>(a)</sup>  | USD<br> 3,235<br>| $2394 |
| City of Lake Elsinore, Community Facs. Dist. No. 2006-1 (Summerly), Special Tax Bonds, Series 2020, 4.00% 9/1/2036  | 45 | 45 |
| City of Lake Elsinore, Community Facs. Dist. No. 2006-1 (Summerly), Special Tax Bonds, Series 2020, 4.00% 9/1/2050  | 145 | 126 |
| Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2014-1 (Mountain House School Facs.), Special Tax <br> Bonds, Series 2020, 4.00% 9/1/2040  | 15 | 15 |
| Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2014-1 (Mountain House School Facs.), Special Tax <br> Bonds, Series 2020, 4.00% 9/1/2045  | 35 | 32 |
| Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2014-1 (Mountain House School Facs.), Special Tax <br> Bonds, Series 2020, 4.00% 9/1/2049  | 90 | 80 |
| Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2024-1 (Mountain House School Facs.), Special Tax <br> Bonds, Series 2025, 5.25% 9/1/2055  | 150 | 156 |
| Las Virgenes Unified School Dist., GO Bonds, 2022 Election, Series 2025-B, 5.00% 8/1/2054  | 5345 | 5650 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Green Bonds, Series <br> 2025-D, 5.25% 5/15/2036  | 1635 | 1762 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2021-D, AMT, 3.00% <br> 5/15/2040  | 285 | 241 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2021-D, AMT, 3.00% <br> 5/15/2040 (preref. 11/15/2031)  | 15 | 15 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2033  | 330 | 377 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2035  | 110 | 126 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2036  | 220 | 248 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2036  | 110 | 125 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2037  | 135 | 149 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2038  | 50 | 54 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2038  | 85 | 93 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2038  | 480 | 534 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2038  | 255 | 286 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2039  | 150 | 162 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2039  | 65 | 72 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2040  | 135 | 146 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-A, 5.00% 7/1/2040  | 120 | 132 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2040  | 110 | 121 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2041  | 65 | 69 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2041  | 270 | 288 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2041  | 55 | 60 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2042  | 220 | 238 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2044  | 55 | 58 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.25% 7/1/2044  | 60 | 65 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.25% 7/1/2045  | 15 | 16 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.25% 7/1/2046  | 40 | 43 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2048  | 220 | 229 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-D, 5.00% 7/1/2050  | 270 | 280 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, 5.00% 7/1/2050  | 160 | 166 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2052  | 175 | 180 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-D, 5.00% 7/1/2052  | 45 | 46 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2053  | 340 | 349 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.00% 7/1/2053  | 80 | 83 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-1-A, 5.25% 7/1/2053  | 110 | 116 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.00% 7/1/2055  | 20 | 21 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-C, 5.00% 7/1/2028  | 1325 | 1400 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-C, 5.00% 7/1/2029  | 2075 | 2240 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2034  | 110 | 125 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2024-A, 5.00% 7/1/2036  | 105 | 119 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-D, 5.00% 7/1/2038  | 100 | 110 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2039  | 220 | 239 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2039  | 215 | 238 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2024-B, 5.00% 7/1/2039  | 535 | 599 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2041  | 35 | 38 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-C, 5.00% 7/1/2043  | 15 | 16 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2024-A, 5.00% 7/1/2044  | 55 | 58 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2047  | 75 | 77 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-C, 5.00% 7/1/2047  | 220 | 228 |

---

---

| | |
|:---|:---|
| **117** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-D, 5.00% 7/1/2047  | USD<br> 50<br>| $52 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.25% 7/1/2053  | 315 | 329 |
| City of Los Angeles, Housing Auth., Multi Family Housing Rev. Bonds (Clarendon Apartments), Series 2024-B, 6.00% <br> 12/1/2062 <sup>(a)</sup>  | 250 | 239 |
| City of Los Angeles, Wastewater System Rev. Ref. Bonds, Series 2025-C, 5.00% 6/1/2043  | 430 | 479 |
| City of Los Angeles, Wastewater System Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2055  | 5310 | 5643 |
| County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, Special Tax <br> Bonds, Series 2022, 5.00% 9/1/2042  | 135 | 140 |
| County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, Special Tax <br> Bonds, Series 2022, 5.00% 9/1/2047  | 120 | 123 |
| County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, Special Tax <br> Bonds, Series 2022, 5.00% 9/1/2052  | 105 | 107 |
| Los Angeles Unified School Dist., GO Dedicated Unlimited Ad Valorem Property Tax Bonds, Series 2025-A-1, 5.00% <br> 7/1/2049  | 325 | 346 |
| Morongo Band of Mission Indians (The), Rev. Ref. Bonds, Series 2018-B, 5.00% 10/1/2042 <sup>(a)</sup>  | 1255 | 1272 |
| City of Mountain House, Community Facs. Dist. No. 2024-1 (Public Facs. and Services), Improvement Area No. 1, <br> Special Tax Bonds, Series 2025, 5.00% 9/1/2045  | 90 | 91 |
| City of Mountain House, Community Facs. Dist. No. 2024-1 (Public Facs. and Services), Improvement Area No. 1, <br> Special Tax Bonds, Series 2025, 5.00% 9/1/2050  | 170 | 171 |
| Municipal Fin. Auth., Community Facs. Dist. No. 2023-11 (City of Hesperia - Silverwood), Special Tax Bonds, Series <br> 2024, 5.00% 9/1/2044  | 40 | 41 |
| Municipal Fin. Auth., Community Facs. Dist. No. 2023-11 (City of Hesperia - Silverwood), Special Tax Bonds, Series <br> 2024, 5.00% 9/1/2049  | 60 | 60 |
| Municipal Fin. Auth., Community Facs. Dist. No. 2023-11 (City of Hesperia - Silverwood), Special Tax Bonds, Series <br> 2024, 5.00% 9/1/2054  | 100 | 99 |
| Municipal Fin. Auth., Community Facs. Dist. No. 2023-11 (City of Hesperia - Silverwood), Special Tax Bonds, Series <br> 2024, 5.125% 9/1/2059  | 50 | 50 |
| Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% <br> 6/1/2036  | 90 | 90 |
| Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% <br> 6/1/2046  | 200 | 200 |
| Municipal Fin. Auth., Municipal Certs., Series 2025-2, 4.217% 11/20/2040 <sup>(b)</sup>  | 2277 | 2282 |
| Municipal Fin. Auth., Municipal Certs., Series 2025-1, 3.439% 2/20/2041 <sup>(b)</sup>  | 1200 | 1125 |
| Municipal Fin. Auth., Rev. and Rev. Ref. Bonds (California Baptist University), Series 2025-A, 5.00% 11/1/2035 <sup>(a)</sup>  | 250 | 266 |
| Municipal Fin. Auth., Rev. Bonds (Clinicas del Camino Real, Inc.), Series 2020, 4.00% 3/1/2040  | 280 | 257 |
| Municipal Fin. Auth., Rev. Bonds (Clinicas del Camino Real, Inc.), Series 2020, 4.00% 3/1/2050  | 240 | 199 |
| Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A, 3.00% 2/1/2046  | 1755 | 1312 |
| Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A, AGI, 4.00% 2/1/2051  | 425 | 390 |
| Municipal Fin. Auth., Rev. Bonds (HumanGood - California Obligated Group), Series 2021, 3.00% 10/1/2046  | 220 | 169 |
| Municipal Fin. Auth., Rev. Bonds (HumanGood - California Obligated Group), Series 2021, 3.00% 10/1/2049  | 570 | 421 |
| Municipal Fin. Auth., Rev. Bonds (HumanGood - California Obligated Group), Series 2021, 4.00% 10/1/2049  | 115 | 101 |
| Municipal Fin. Auth., Rev. Bonds (John Adams Academies, Inc.), Series 2019-A, 4.00% 10/1/2029 <sup>(a)</sup>  | 45 | 45 |
| Municipal Fin. Auth., Rev. Bonds (John Adams Academies, Inc.), Series 2019-A, 5.00% 10/1/2049 <sup>(a)</sup>  | 170 | 154 |
| Municipal Fin. Auth., Rev. Bonds (John Adams Academies, Inc.), Series 2019-A, 5.00% 10/1/2057 <sup>(a)</sup>  | 120 | 106 |
| Municipal Fin. Auth., Rev. Bonds (LINXS APM Project), Series 2018-A, AMT, 5.00% 6/30/2029  | 250 | 259 |
| Municipal Fin. Auth., Rev. Bonds (LINXS APM Project), Series 2018-A, AMT, 5.00% 12/31/2043  | 250 | 251 |
| Municipal Fin. Auth., Rev. Bonds (LINXS APM Project), Series 2018-A, AMT, 4.00% 12/31/2047  | 750 | 658 |
| Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2015-B, 5.00% 4/1/2026  | 60 | 60 |
| Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2015-B, 5.00% 4/1/2030  | 55 | 55 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2032  | 630 | 633 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2038  | 195 | 195 |
| Municipal Fin. Auth., Senior Living Rev. Bonds (Mt. San Antonio Gardens Project), Series 2019, 5.00% 11/15/2039  | 50 | 51 |
| Municipal Fin. Auth., Senior Living Rev. Bonds (Mt. San Antonio Gardens Project), Series 2022-A, 4.00% 11/15/2042  | 55 | 50 |
| Municipal Fin. Auth., Senior Living Rev. Bonds (Mt. San Antonio Gardens Project), Series 2022-A, 4.00% 11/15/2052  | 55 | 45 |
| Municipal Fin. Auth., Social Rev. Bonds (HealthRIGHT 360), Series 2019-A, 5.00% 11/1/2039 <sup>(a)</sup>  | 60 | 60 |
| Municipal Fin. Auth., Social Rev. Bonds (HealthRIGHT 360), Series 2019-A, 5.00% 11/1/2049 <sup>(a)</sup>  | 220 | 199 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2023-A, AMT, 4.375% <br> 9/1/2053 (put 9/1/2033)  | 250 | 260 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2024-A, AMT, 3.875% <br> 3/1/2054 (put 3/1/2034)  | 235 | 235 |
| Municipal Fin. Auth., Special Fac. Rev. Bonds (United Airlines, Inc. Los Angeles International Airport Project), Series <br> 2019, AMT, 4.00% 7/15/2029  | 2280 | 2291 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **118** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| Municipal Fin. Auth., Special Fin. Agcy. VII, Essential Housing Rev. Bonds (The Breakwater Apartments), Series <br> 2021-A-2, 4.00% 8/1/2047 <sup>(a)</sup>  | USD<br> 830<br>| $759 |
| Municipal Fin. Auth., Special Fin. Agcy. XII, Essential Housing Rev. Bonds (Allure Apartments), Series 2022-A-2, 4.375% <br> 8/1/2049 <sup>(a)</sup>  | 790 | 672 |
| Municipal Fin. Auth., Special Fin. Agcy. XII, Essential Housing Rev. Bonds (Allure Apartments), Series 2022-A-1, 3.25% <br> 2/1/2057 <sup>(a)</sup>  | 1420 | 1022 |
| Municipal Fin. Auth., Special Fin. Agcy., Essential Housing Rev. Bonds (Latitude 33), Series 2021-A-1, 3.00% <br>12/1/2056 <sup>(a)</sup>  | 2020 | 1309 |
| Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Davis II, LLC - Orchard Park Student Housing Project), Series <br> 2021, BAM, 4.00% 5/15/2046  | 80 | 75 |
| Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Davis II, LLC - Orchard Park Student Housing Project), Series <br> 2021, BAM, 3.00% 5/15/2051  | 390 | 293 |
| Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Davis II, LLC - Orchard Park Student Housing Project), Series <br> 2021, BAM, 3.00% 5/15/2054  | 90 | 66 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-CA, 3.81% 7/20/2039 <sup>(b)</sup>  | 2627 | 2570 |
| Newport-Mesa Unified School Dist., GO Rev. Ref. Bonds, CAB, Series 2017, 0% 8/1/2044  | 195 | 88 |
| Northern California Gas Auth. No. 1, Gas Project Rev. Bonds, Series 2007-B, (3-month USD CME Term SOFR x 0.67 + <br> 0.72%) 3.565% 7/1/2027 <sup>(b)</sup>  | 335 | 336 |
| County of Orange, Community Facs. Dist. No. 2015-1 (Esencia Village), Special Tax Rev. Ref. Bonds, Series 2015-A, <br> 5.25% 8/15/2045  | 250 | 250 |
| County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, 5.00% 8/15/2037  | 135 | 144 |
| County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, 5.00% 8/15/2042  | 65 | 68 |
| County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, 5.00% 8/15/2047  | 105 | 107 |
| County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, 5.00% 8/15/2052  | 265 | 269 |
| County of Orange, Community Facs. Dist. No. 2023-1 (Rienda Phase 2B), Special Tax Bonds, Series 2023-A, 5.50% <br> 8/15/2053  | 420 | 437 |
| City of Palm Desert, Community Facs. Dist. No. 2021-1 (University Park), Special Tax Bonds, Series 2021, 4.00% <br> 9/1/2041  | 85 | 80 |
| City of Palm Desert, Community Facs. Dist. No. 2021-1 (University Park), Special Tax Bonds, Series 2021, 4.00% <br> 9/1/2051  | 100 | 85 |
| Palomar Health, GO Rev. Ref. Bonds, Series 2017, AGI, 5.00% 11/1/2028  | 50 | 50 |
| Palomar Health, GO Rev. Ref. Bonds, Series 2016, AGI, 5.00% 11/1/2042  | 955 | 859 |
| Palomar Health, Rev. Ref. Bonds, Series 2016, 5.00% 11/1/2039  | 290 | 272 |
| Palomar Pomerado Health, GO Bonds, CAB, 2004 Election, Series 2009-A, AGI, 0% 8/1/2029  | 305 | 264 |
| Palomar Pomerado Health, GO Bonds, CAB, 2004 Election, Series 2009-A, AGI, 0% 8/1/2031  | 280 | 223 |
| Pollution Control Fncg. Auth., Water Furnishing Rev. Bonds (Poseidon Resources (Channelside), LP Desalination <br> Project), Series 2012, AMT, 5.00% 11/21/2045 <sup>(a)</sup>  | 360 | 360 |
| Public Fin. Auth., Rev. Bonds (Henry Mayo Newhall Memorial Hospital), Series 2021-B, 4.00% 10/15/2051 (put <br> 10/15/2031)  | 70 | 69 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 5.875% 6/1/2039 <sup>(a)</sup>  | 2520 | 2556 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 6.20% 6/1/2044 <sup>(a)</sup>  | 805 | 796 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 6.50% 6/1/2054 <sup>(a)</sup>  | 815 | 798 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 6.375% 6/1/2059 <sup>(a)</sup>  | 2640 | 2524 |
| Public Works Board, Lease Rev. Bonds (Dept. of General Services, May Lee State Office Complex), Series 2024-A, <br> 5.00% 4/1/2049  | 10000 | 10578 |
| City of Rancho Cordova, Community Facs. Dist. No. 2003-1 (Sunridge Anatolia), Special Tax Bonds, Series 2016, 4.00% <br> 9/1/2037  | 55 | 55 |
| Rio Hondo Community College Dist., GO Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds), 2024 Election, <br> Series 2025-A, 5.00% 8/1/2050  | 5380 | 5732 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2003-1 (Public Improvements), Special Tax Bonds, Series <br> 2019-A, 5.00% 9/1/2038  | 415 | 428 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2003-1 (Public Improvements), Special Tax Bonds, Series <br> 2019-A, 5.00% 9/1/2048  | 655 | 657 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2003-1 (Public Improvements), Special Tax Bonds, Series <br> 2022, 5.75% 9/1/2052  | 490 | 508 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2019-1 (Phase 2 Public Improvements), Special Tax Bonds, <br> Series 2021, 4.00% 9/1/2051  | 135 | 116 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2021-1 (Public Improvements), Special Tax Bonds, Series <br> 2021-1, 4.00% 9/1/2041  | 135 | 125 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2021-1 (Public Improvements), Special Tax Bonds, Series <br> 2021-1, 4.00% 9/1/2046  | 170 | 144 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2021-1 (Public Improvements), Special Tax Bonds, Series <br> 2021-1, 4.00% 9/1/2051  | 335 | 274 |

---

---

| | |
|:---|:---|
| **119** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2024, <br> 5.00% 9/1/2039  | USD<br> 350<br>| $369 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2024, <br> 4.50% 9/1/2044  | 110 | 106 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2024, <br> 5.00% 9/1/2048  | 250 | 250 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2024, <br> 5.00% 9/1/2054  | 65 | 65 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2025, <br> 5.00% 9/1/2055  | 1000 | 993 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2025, <br> 5.00% 9/1/2055  | 550 | 544 |
| County of Riverside, Redev. Agcy., Tax Allocation Bonds (Jurupa Valley Redev. Project Area), CAB, Series 2011-B, 0% <br> 10/1/2039  | 465 | 272 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2049  | 225 | 229 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2054  | 445 | 452 |
| City of Sacramento, Community Facs. Dist. No. 2019-01 (Delta Shores), Improvement Area No. 2, Special Tax Bonds, <br> Series 2022, 5.75% 9/1/2052  | 415 | 430 |
| County of Sacramento, Water Fncg. Auth., Rev. Ref. Bonds (Water Agcy. Zones 40 and 41), Series 2007-B, (3-month <br> USD CME Term SOFR x 0.67 + 0.55%) 3.266% 6/1/2034 <sup>(b)</sup>  | 535 | 524 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Bonds, Series <br> 2022-A-2, AMT, 5.00% 5/1/2026  | 155 | 156 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, Series <br> 2024-A-2, AMT, 5.25% 5/1/2049  | 145 | 151 |
| City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 1, <br> Special Tax Bonds, Series 2021, 4.00% 9/1/2046  | 235 | 204 |
| City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 1, <br> Special Tax Bonds, Series 2021, 4.00% 9/1/2051  | 125 | 105 |
| City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 2, <br> Special Tax Bonds, Series 2022-A, 4.00% 9/1/2042 <sup>(a)</sup>  | 225 | 211 |
| City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 2, <br> Special Tax Bonds, Series 2022-A, 4.00% 9/1/2052 <sup>(a)</sup>  | 175 | 150 |
| City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Bonds, Series 2025-D, 5.00% <br> 11/1/2055  | 8480 | 8981 |
| City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Bonds, Series 2025-E, 5.25% <br> 11/1/2055  | 1250 | 1351 |
| City and County of San Francisco, Public Utilities Commission, Wastewater Rev. Green Bonds, Series 2024-C, 5.00% <br> 10/1/2049  | 9895 | 10489 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Dev. Special Tax <br> Bonds, Series 2021-A, 4.00% 9/1/2036 <sup>(a)</sup>  | 240 | 242 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Dev. Special Tax <br> Bonds, Series 2021-A, 4.00% 9/1/2046 <sup>(a)</sup>  | 100 | 87 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Dev. Special Tax <br> Bonds, Series 2021-A, 4.00% 9/1/2051 <sup>(a)</sup>  | 765 | 656 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Office Special Tax <br> Bonds, Series 2023-B, 5.25% 9/1/2038 <sup>(a)</sup>  | 140 | 151 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Office Special Tax <br> Bonds, Series 2023-B, 5.50% 9/1/2043 <sup>(a)</sup>  | 70 | 74 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Office Special Tax <br> Bonds, Series 2023-B, 5.75% 9/1/2053 <sup>(a)</sup>  | 105 | 110 |
| City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Shoreline Special Tax <br> Bonds, Series 2023-C, 5.75% 9/1/2053 <sup>(a)</sup>  | 85 | 89 |
| City and County of San Francisco, Successor Agcy. to the Redev. Agcy., Community Facs. Dist. No. 7 (Hunters Point <br> Shipyard Phase 1 Improvements), Special Tax Rev. Ref. Bonds, Series 2014, 5.00% 8/1/2044  | 85 | 85 |
| City and County of San Francisco, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Mission Bay <br> South Redev. Project), Series 2016-C, 5.00% 8/1/2031  | 70 | 71 |
| City of San Francisco, Bay Area Rapid Transit Dist., GO Green Bonds, 2016 Election, Series 2020-C-1, 3.00% 8/1/2050  | 360 | 271 |
| San Francisco Community College Dist., GO Bonds, 2020 Election, Series 2020-A, 3.00% 6/15/2045  | 315 | 252 |
| San Marcos Unified School Dist., GO Rev. Ref. Bonds, 2024 Election, Series 2025-A, 5.25% 8/1/2055  | 150 | 162 |
| School Fin. Auth., Charter School Rev. Bonds (Classical Academies Oceanside Project), Series 2022-A, 5.00% <br> 10/1/2052 <sup>(a)</sup>  | 145 | 141 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **120** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| School Fin. Auth., Charter School Rev. Bonds (Classical Academies Oceanside Project), Series 2022-A, 5.00% <br> 10/1/2061 <sup>(a)</sup>  | USD<br> 135<br>| $131 |
| School Fin. Auth., School Fac. Rev. Ref. Bonds (High Tech High Learning Project), Series 2017-A, 5.00% 7/1/2049 <sup>(a)</sup>  | 120 | 115 |
| City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), Special Tax Rev. Ref. Bonds, <br> Series 2016, 3.00% 9/1/2027  | 15 | 15 |
| City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), Special Tax Rev. Ref. Bonds, <br> Series 2016, 3.00% 9/1/2028  | 15 | 15 |
| City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), Special Tax Rev. Ref. Bonds, <br> Series 2016, 3.125% 9/1/2030  | 25 | 25 |
| City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), Special Tax Rev. Ref. Bonds, <br> Series 2016, 3.125% 9/1/2031  | 55 | 54 |
| Southern California Public Power Auth., Ref. Rev. Bonds (Apex Power Project), Series 2024-A, 5.00% 7/1/2033  | 55 | 63 |
| Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series 2024-1, <br> 5.00% 7/1/2053  | 280 | 292 |
| Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series 2025-1, <br> 5.00% 7/1/2053  | 65 | 68 |
| Statewide Communities Dev. Auth., Rev. Bonds (Front Porch Communities and Services), Series 2021-A, 3.00% <br> 4/1/2051  | 3295 | 2368 |
| Statewide Communities Dev. Auth., Rev. Bonds (Lancer Educational Student Housing Project), Series 2019-A, 5.00% <br> 6/1/2051 <sup>(a)</sup>  | 300 | 283 |
| Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2014-A, 5.25% <br> 12/1/2044  | 590 | 592 |
| Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2014-A, 5.50% <br> 12/1/2054  | 440 | 441 |
| Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2016-A, 5.25% <br> 12/1/2056 <sup>(a)</sup>  | 4260 | 4263 |
| Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2018-A, 5.50% <br> 12/1/2058 <sup>(a)</sup>  | 1000 | 1011 |
| Statewide Communities Dev. Auth., Rev. Ref. Bonds (Lancer Educational Student Housing Project), Series 2016-A, <br> 4.00% 6/1/2026 <sup>(a)</sup>  | 110 | 110 |
| Statewide Communities Dev. Auth., Rev. Ref. Bonds (Lancer Educational Student Housing Project), Series 2016-A, <br> 5.00% 6/1/2036 <sup>(a)</sup>  | 300 | 301 |
| Statewide Communities Dev. Auth., Rev. Ref. Bonds (Lancer Educational Student Housing Project), Series 2016-A, <br> 5.00% 6/1/2046 <sup>(a)</sup>  | 425 | 409 |
| Statewide Communities Dev. Auth., Statewide Community Infrastructure Program Rev. Bonds (City of Hesperia <br> Ranchero Road Widening Improvements), Series 2023, 5.75% 9/2/2053  | 385 | 400 |
| Statewide Communities Dev. Auth., Student Housing Rev. Bonds (Custodial Receipts), Series 2017, 4.305% 7/1/2032  | 375 | 353 |
| Statewide Communities Dev. Auth., Taxable Statewide Community Infrastructure Program Rev. Bonds, Series 2024-B-2, <br> 7.00% 9/2/2054  | 135 | 129 |
| Tejon Ranch Public Facs. Fncg. Auth., Community Facs. Dist. No. 2008-1, Special Tax Rev. Ref. Bonds (Tejon Ranch <br> Industrial Complex Public Improvements - East), Series 2024-A, 5.00% 9/1/2054  | 40 | 40 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.00% 5/15/2030  | 3860 | 4305 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.00% 5/15/2040  | 485 | 555 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.25% 5/15/2040  | 600 | 734 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CC, 4.00% 5/15/2055  | 300 | 281 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CC, 5.25% 5/15/2055  | 2945 | 3171 |
| Various Purpose GO Bonds, Series 2024, 5.25% 8/1/2044  | 945 | 1049 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 8/1/2039  | 1000 | 1146 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 3/1/2045  | 125 | 136 |
|  |  | 226623 |
| **Colorado 7.04%** | **Colorado 7.04%** | **Colorado 7.04%** |
| County of Adams, DIATC Metropolitan Dist., Limited Tax GO Rev. Ref. and Improvement Bonds, Series 2019, 5.00% <br> 12/1/2049 <sup>(a)</sup>  | 2000 | 1967 |
| County of Adams, Lakeridge Metropolitan Dist. No. 2, Rev. Ref. GO and Improvement Bonds, Series 2019, 5.25% <br> 12/1/2048  | 500 | 489 |
| County of Adams, Rocky Mountain Rail Park Metropolitan Dist., Limited Tax GO and Enterprise Rev. Bonds, Series <br> 2021-A, 5.00% 12/1/2051 <sup>(a)</sup>  | 3237 | 2963 |
| Aerotropolis Regional Transportation Auth., Special Rev. Bonds, Series 2021, 4.25% 12/1/2041  | 500 | 456 |
| Aerotropolis Regional Transportation Auth., Special Rev. Bonds, Series 2024, 5.50% 12/1/2044 <sup>(a)</sup>  | 830 | 842 |
| Aerotropolis Regional Transportation Auth., Special Rev. Bonds, Series 2019, 5.00% 12/1/2051  | 295 | 272 |
| Aerotropolis Regional Transportation Auth., Special Rev. Bonds, Series 2021, 4.375% 12/1/2052  | 6800 | 5702 |

---

---

| | |
|:---|:---|
| **121** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Colorado (continued)** | **Colorado (continued)** | **Colorado (continued)** |
| Aerotropolis Regional Transportation Auth., Special Rev. Bonds, Series 2024, 5.75% 12/1/2054 <sup>(a)</sup>  | USD<br> 2,510<br>| $2512 |
| County of Arapahoe, Fitzsimons Village Metropolitan Dist. No. 3, Limited Tax GO and Special Rev. Ref. and <br> Improvement Bonds, Series 2021-A-1, 4.25% 12/1/2055  | 2171 | 1712 |
| County of Arapahoe, Sky Ranch Community Auth. Board Dist. No. 3, Limited Tax Supported Bonds, Series 2022-A, <br> 5.75% 12/15/2052  | 750 | 760 |
| Arkansas River Power Auth., Power Supply System Rev. Ref. Bonds, Series 2018-A, 5.00% 10/1/2033  | 185 | 191 |
| Arkansas River Power Auth., Power Supply System Rev. Ref. Bonds, Series 2018-A, 5.00% 10/1/2043  | 445 | 450 |
| City of Arvada, Haskins Station Metropolitan Dist., Limited Tax GO and Special Rev. Bonds, Series 2019-A, 5.00% <br> 12/1/2049  | 838 | 730 |
| City of Aurora, Aurora Crossroads Metropolitan Dist. No. 2, Limited Tax Convertible GO Bonds, CAB, Series 2025-A-1, <br> 0% 12/1/2055 (6.25% on 12/1/2027) <sup>(d)</sup>  | 3000 | 2676 |
| City of Aurora, Colorado International Center Metropolitan Dist. No. 7, Limited Tax GO Bonds, Convertible CAB, Series <br> 2021, 0% 12/1/2051 (5.25% on 12/1/2027) <sup>(d)</sup>  | 1901 | 1576 |
| City of Aurora, HM Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Bonds, Convertible CAB, Series 2021, 0% <br> 12/1/2051 (6.00% on 12/1/2027) <sup>(d)</sup>  | 11830 | 10216 |
| City of Aurora, Parkside at City Centre Business Improvement Dist., Special Rev. and Tax Supported Senior Bonds, <br> Series 2019-A, 6.25% 12/1/2048  | 1861 | 1866 |
| City of Aurora, Pronghorn Valley Metropolitan Dist., Limited Tax GO Bonds (Convertible to Unlimited Tax), Series <br> 2021-A, 4.00% 12/1/2051  | 500 | 406 |
| City of Aurora, Southlands Metropolitan Dist. No. 1, GO Rev. Ref. Bonds, Series 2017-A-1, 5.00% 12/1/2037  | 476 | 479 |
| City of Aurora, Southlands Metropolitan Dist. No. 1, GO Rev. Ref. Bonds, Series 2017-A-1, 5.00% 12/1/2047  | 1648 | 1601 |
| City of Aurora, Velocity Metropolitan Dist. No. 3, Limited Tax GO Bonds, Series 2019, 5.50% 12/1/2048  | 1700 | 1628 |
| City of Aurora, Windler Public Improvement Auth., Limited Tax Supported Rev. Bonds, Series 2021-A-1, 4.00% <br> 12/1/2041  | 500 | 417 |
| City of Aurora, Windler Public Improvement Auth., Limited Tax Supported Rev. Bonds, Series 2021-A-1, 4.125% <br> 12/1/2051  | 9784 | 7403 |
| City of Aurora, Windler Public Improvement Auth., Limited Tax Supported Rev. Bonds, Convertible CAB, Series <br> 2021-A-2, 0% 12/1/2036 (4.375% on 12/1/2027) <sup>(d)</sup>  | 818 | 679 |
| Brickyard Metropolitan Dist. No. 1, GO Limited Tax and Special Rev. Bonds, Series 2025, 7.00% 12/1/2045  | 2000 | 1944 |
| City of Brighton, Brighton Crossing Metropolitan Dist. No. 6, Limited Tax GO Bonds, Series 2020-A, 5.00% 12/1/2050  | 1914 | 1824 |
| City of Brighton, Prairie Corner Metropolitan Dist., Limited Tax GO Bonds, Series 2021, 4.875% 12/1/2051  | 500 | 422 |
| City of Brighton, Ridgeline Vista Metropolitan Dist., GO Limited Tax Bonds, Series 2021-A, 5.25% 12/1/2060  | 1256 | 1184 |
| City and County of Broomfield, Baseline Metropolitan Dist. No. 1, Special Rev. Bonds, Series 2024-B, 6.75% <br> 12/15/2054 <sup>(e)</sup>  | 1000 | 1005 |
| City and County of Broomfield, Palisade Metropolitan Dist. No. 2, Limited Tax GO and Rev. Ref. Bonds, CAB, Series <br> 2024-B, 0% 12/15/2054 (5.875% on 12/15/2026) <sup>(a)(d)</sup>  | 1203 | 1148 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2030  | 670 | 671 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2046  | 500 | 475 |
| Colorado Springs School Dist. No. 11, Certs. Of Part., Series 2024, BAM, 5.00% 12/15/2044  | 15 | 16 |
| Colorado Springs School Dist. No. 11, Certs. Of Part., Series 2024, BAM, 5.25% 12/15/2048  | 95 | 100 |
| City of Colorado Springs, Colorado Crossing Metropolitan Dist. No. 2, Limited Tax GO Bonds, Series 2020-A-2, 5.00% <br> 12/1/2050  | 2969 | 2818 |
| City of Colorado Springs, Copper Ridge Metropolitan Dist., Tax Increment and Sales Tax Rev. Bonds, Series 2019, <br> 4.00% 12/1/2029  | 866 | 855 |
| City of Colorado Springs, Copper Ridge Metropolitan Dist., Tax Increment and Sales Tax Rev. Bonds, Series 2019, <br> 5.00% 12/1/2043  | 1541 | 1475 |
| City of Colorado Springs, Creekwalk Marketplace Business Improvement Dist., Limited Tax Supported and Special Rev. <br> Ref. and Improvement Bonds, Series 2024-A, 6.00% 12/1/2054  | 2632 | 2637 |
| City of Colorado Springs, Gold Hills North Business Improvement Dist., Limited Tax GO and Special Rev. Bonds, Series <br> 2024-A, 5.60% 12/1/2054 <sup>(a)</sup>  | 1314 | 1291 |
| Commerce City, Reunion Metropolitan Dist., Special Rev. Bonds, Series 2021-A, 3.625% 12/1/2044  | 1403 | 1040 |
| City of Commerce City, Second Creek Farm Metropolitan Dist. No. 3, Limited Tax GO Bonds, Series 2019-A, 5.00% <br> 12/1/2049  | 500 | 469 |
| City of Commerce City, Settler's Crossing Metropolitan Dist. No. 1, Limited Tax GO Bonds, Series 2020-A, 5.125% <br> 12/1/2050 <sup>(a)</sup>  | 4265 | 4109 |
| Conexus Metropolitan Dist. No. 1, Limited Tax GO and Special Rev. Bonds, Series 2025-A, 6.25% 12/1/2055  | 500 | 504 |
| Copperleaf Metropolitan Dist. No. 5, GO Limited Tax Rev. Ref. Bonds, Series 2025-A, 6.25% 12/1/2045  | 1500 | 1512 |
| Copperleaf Metropolitan Dist. No. 5, GO Limited Tax Rev. Ref. Bonds, Series 2025-B, 8.75% 12/1/2055 <sup>(e)</sup>  | 1250 | 1224 |
| Crowfoot Valley Ranch Metropolitan Dist. No. 2, Limited Tax GO Rev. Ref. Bonds, Series 2024-B, 6.125% 12/15/2054 <sup>(e)</sup>  | 1000 | 974 |
| City and County of Denver, Airport System Rev. Bonds, Series 2022-A, AMT, 4.125% 11/15/2053  | 305 | 273 |
| City and County of Denver, Aviation Station North Metropolitan Dist. No. 2, Limited Tax GO Rev. Ref. and Improvement <br> Bonds, Series 2019-A, 5.00% 12/1/2048  | 500 | 494 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **122** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Colorado (continued)** | **Colorado (continued)** | **Colorado (continued)** |
| City and County of Denver, Broadway Park North Metropolitan Dist. No. 2, Limited Tax GO Rev. Ref. and Improvement <br> Bonds, Series 2020, 5.00% 12/1/2049 <sup>(a)</sup>  | USD<br> 1,109<br>| $1050 |
| City and County of Denver, Colorado International Center Metropolitan Dist. No. 14, Limited Tax GO Rev. Ref. and <br> Improvement Bonds, Series 2018, 5.875% 12/1/2046  | 2012 | 2013 |
| City and County of Denver, Dedicated Tax Rev. Bonds, CAB, Series 2018-A-2, 0% 8/1/2034  | 65 | 46 |
| City and County of Denver, Dept. of Aviation, Special Facs. Airport Rev. Ref. Bonds (United Air Lines Project), Series <br> 2017, AMT, 5.00% 10/1/2032  | 3965 | 3969 |
| City and County of Denver, Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. and Improvement <br> Bonds, Series 2025, AGI, 5.00% 12/1/2040  | 600 | 648 |
| City and County of Denver, Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. and Improvement <br> Bonds, Series 2025, AGI, 5.00% 12/1/2041  | 560 | 599 |
| City and County of Denver, Water Rev. Bonds, Series 2016-A, 3.00% 9/15/2045  | 260 | 213 |
| City of Denver, Urban Renewal Auth., Stapleton Tax Increment Rev. Bonds, Series 2018-A, 5.25% 12/1/2039 <sup>(a)</sup>  | 1810 | 1817 |
| City of Denver, Urban Renewal Auth., Stapleton Tax Increment Rev. Bonds, Series 2018-A, 5.25% 12/1/2039 <sup>(a)</sup>  | 670 | 673 |
| Denver Health and Hospital Auth., Healthcare Rev. Bonds, Series 2025-A, 5.125% 12/1/2050  | 730 | 737 |
| Denver Health and Hospital Auth., Healthcare Rev. Bonds, Series 2025-A, 6.00% 12/1/2055  | 295 | 318 |
| County of Douglas, Chambers Highpoint Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Bonds, Series <br> 2021, 5.00% 12/1/2051  | 700 | 533 |
| County of Douglas, Crystal Crossing Metropolitan Dist., Limited Tax Rev. Ref. GO Bonds, Series 2016, 5.25% 12/1/2040  | 500 | 500 |
| County of Douglas, Hilltop Metropolitan Dist., Limited Tax GO Bonds, Series 2020-A, AMT, 6.25% 12/1/2050  | 255 | 235 |
| County of Douglas, Mirabelle Metropolitan Dist. No. 2, Limited Tax GO Ref. Rev. and Improvement Bonds, Series <br> 2025-A, AGI, 4.50% 12/1/2049  | 56 | 54 |
| E-470 Public Highway Auth., Rev. Bonds, Series 2024-A, 5.00% 9/1/2040  | 115 | 128 |
| E-470 Public Highway Auth., Rev. Bonds, CAB, Series 2006-B, NATL, 0% 9/1/2037  | 425 | 239 |
| County of Eagle, The Village Metropolitan Dist., Special Rev. and Limited Property Tax Improvement Bonds, Series <br> 2025-A, 5.75% 12/1/2055  | 1125 | 1136 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Ascent Classical Academy Charter Schools, Inc. <br> Project), Series 2024, 5.80% 4/1/2054 <sup>(a)</sup>  | 560 | 553 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Ascent Classical Academy Charter Schools, Inc. <br> Project), Series 2024, 5.75% 4/1/2059 <sup>(a)</sup>  | 600 | 585 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Aspen View Academy Project), Series 2021, 4.00% <br> 5/1/2041  | 10 | 9 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Aspen View Academy Project), Series 2021, 4.00% <br> 5/1/2051  | 35 | 29 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Aspen View Academy Project), Series 2021, 4.00% <br> 5/1/2061  | 160 | 126 |
| County of Elbert, Elbert and Highway 86 Commercial Metropolitan Dist., Special Rev. and Tax Supported Rev. Ref. and <br> Improvement Bonds, Series 2021-A, 5.00% 12/1/2041 <sup>(a)</sup>  | 565 | 569 |
| County of Elbert, Independence Metropolitan Dist. No. 3, Limited Tax GO and Special Rev. Ref. and Improvement <br> Bonds, Series 2024-A, 5.375% 12/1/2054  | 6323 | 6330 |
| Ellston Park Metropolitan Dist., Limited Tax GO Bonds, Series 2025-A, 6.00% 12/1/2055 <sup>(a)</sup>  | 500 | 498 |
| Town of Erie, Four Corners Business Improvement Dist., Limited Tax Rev. Bond, Series 2022, 6.00% 12/1/2052  | 500 | 505 |
| Town of Erie, Westerly Metropolitan Dist. No. 4, Limited Tax GO Bonds, Series 2021-A-1, 5.00% 12/1/2050  | 2710 | 2579 |
| Green Valley Ranch East Metropolitan Dist. No. 6, Limited Tax GO Bonds, Series 2020-A, 5.875% 12/1/2050  | 1775 | 1798 |
| Green Valley Ranch East Metropolitan Dist. No. 9, Limited Tax GO Bonds, Series 2025-A, CAB, 0% 12/15/2055 (6.50% <br> on 12/1/2029) <sup>(d)</sup>  | 750 | 588 |
| City of Greenwood Village, Fiddler's Business Improvement Dist., GO Rev. Ref. Bonds, Series 2022, 5.55% <br>12/1/2047 <sup>(a)</sup>  | 525 | 533 |
| Health Facs. Auth., Health Facs. Rev. and Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series <br> 2017, 5.00% 6/1/2047 (preref. 6/1/2027)  | 220 | 227 |
| Health Facs. Auth., Hospital Rev. Bonds (AdventHealth Obligated Group), Series 2021-A, 3.00% 11/15/2051  | 815 | 591 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2020-A, 4.00% 12/1/2050  | 4465 | 3757 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.125% 12/1/2055  | 485 | 479 |
| Health Facs. Auth., Rev. Bonds (Covenant Retirement Communities, Inc.), Series 2018, 5.00% 12/1/2048  | 335 | 332 |
| Health Facs. Auth., Rev. Bonds (Frasier), Series 2025-A, 5.00% 5/15/2040  | 155 | 162 |
| Health Facs. Auth., Rev. Bonds (Frasier), Series 2025-A, 5.25% 5/15/2048  | 675 | 682 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Bethesda Project), Series 2018-A-1, 4.25% 9/1/2038  | 15 | 14 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Bethesda Project), Series 2018-A-1, 5.00% 9/15/2048  | 1250 | 1151 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Christian Living Neighborhoods Project), Series 2019, 4.00% <br> 1/1/2038  | 310 | 295 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Christian Living Neighborhoods Project), Series 2019, 5.00% <br> 1/1/2038  | 1760 | 1783 |

---

---

| | |
|:---|:---|
| **123** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Colorado (continued)** | **Colorado (continued)** | **Colorado (continued)** |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Christian Living Neighborhoods Project), Series 2021, 4.00% <br> 1/1/2042  | USD<br> 445<br>| $400 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Frasier Meadows Retirement Community Project), Series <br> 2017-A, 5.25% 5/15/2031  | 265 | 271 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Frasier Meadows Retirement Community Project), Series <br> 2017-A, 5.25% 5/15/2032  | 115 | 118 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Frasier Meadows Retirement Community Project), Series <br> 2017-A, 5.25% 5/15/2037  | 255 | 259 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Frasier Meadows Retirement Community Project), Series <br> 2017-A, 5.25% 5/15/2047  | 190 | 190 |
| Health Facs. Auth., Rev. Ref. Bonds (Christian Living Neighborhoods Project), Series 2021, 4.00% 1/1/2029  | 255 | 254 |
| Health Facs. Auth., Rev. Ref. Bonds (Christian Living Neighborhoods Project), Series 2016, 5.00% 1/1/2031  | 500 | 500 |
| Health Facs. Auth., Rev. Ref. Bonds (Christian Living Neighborhoods Project), Series 2016, 5.00% 1/1/2037  | 815 | 815 |
| Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2018-A, 5.00% 12/1/2043  | 1000 | 1007 |
| Health Facs. Auth., Rev. Ref. Bonds (Frasier Project), Series 2023-A, 4.00% 5/15/2041  | 290 | 272 |
| Health Facs. Auth., Rev. Ref. Bonds (Frasier Project), Series 2023-A, 4.00% 5/15/2048  | 675 | 572 |
| Hess Ranch Metropolitan Dist. No. 6, Limited Tax GO Bonds, Series 2020-A-1, 5.00% 12/1/2049  | 4500 | 4365 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2019-F, Class I, 4.25% 11/1/2049  | 130 | 131 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2023-O, Class III, 6.50% 5/1/2054  | 75 | 84 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-B, Class I, 5.75% 11/1/2054  | 2825 | 3118 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-J, Class III, 6.25% 5/1/2055  | 330 | 371 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-M, Class I, 6.25% 11/1/2055  | 1270 | 1421 |
| City and County of Jefferson, Dinosaur Ridge Metropolitan Dist., Special Rev. Ref. and Improvement Bonds, Series <br> 2019, 5.00% 6/1/2049  | 882 | 849 |
| County of Jefferson, Hogback Metropolitan Dist., Limited Tax GO Bonds (Convertible to Unlimited Tax), Series <br> 2021-A-3, 5.00% 12/1/2051  | 800 | 749 |
| Town of Johnstown, Granary Metropolitan Dist. No. 4, Limited Tax GO Bonds, Series 2022, 6.75% 12/1/2051 <sup>(e)</sup>  | 1000 | 998 |
| Town of Johnstown, Granary Metropolitan Dist. No. 9, Special Improvement Dist. No. 1, Special Assessment Rev. <br> Bonds, Series 2024, 5.45% 12/1/2044 <sup>(a)</sup>  | 1038 | 1044 |
| Town of Johnstown, Thompson Crossing Metropolitan Dist. No. 4, Limited Tax GO Rev. Ref. and Improvement Bonds <br> (Convertible to Unlimited Tax), Series 2019, 5.00% 12/1/2039  | 500 | 503 |
| Town of Johnstown, Thompson Crossing Metropolitan Dist. No. 4, Limited Tax GO Rev. Ref. and Improvement Bonds <br> (Convertible to Unlimited Tax), Series 2019, 5.00% 12/1/2049  | 1314 | 1262 |
| Kinston Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. and Improvement Bonds, Series 2025-B, 5.75% <br>12/1/2055 <sup>(a)</sup>  | 3500 | 3541 |
| Kinston Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. and Improvement Bonds, Series 2025-B, 8.25% <br>12/15/2055 <sup>(a)(e)</sup>  | 1000 | 983 |
| County of La Plata, Three Sprints Metropolitan Dist. No. 1, Limited Tax GO Rev. Ref. Bonds, Series 2020-B, 7.125% <br> 12/15/2050 <sup>(e)</sup>  | 1000 | 997 |
| Lafferty Canyon Metropolitan Dist. Limited Tax GO Bonds, Series 2025-B, 5.625% 12/1/2055  | 500 | 503 |
| City of Littleton, Mineral Business Improvement Dist., Limited Tax GO and Special Rev. Bonds, Series 2024-A, 5.75% <br> 12/1/2054 <sup>(a)</sup>  | 640 | 644 |
| Town of Lochbuie, Silver Peaks Metropolitan Dist. No. 3, GO Senior Bonds, Series 2020-A, 5.00% 12/1/2050  | 500 | 477 |
| City of Lone Tree, Rampart Range Metropolitan Dist. No. 5, Limited Tax Supported and Special Rev. Bonds, Series <br> 2021, 4.00% 12/1/2036  | 500 | 477 |
| City of Lone Tree, Rampart Range Metropolitan Dist. No. 5, Limited Tax Supported and Special Rev. Bonds, Series <br> 2021, 4.00% 12/1/2041  | 2356 | 2102 |
| City of Lone Tree, Rampart Range Metropolitan Dist. No. 5, Limited Tax Supported and Special Rev. Bonds, Series <br> 2021, 4.00% 12/1/2051  | 8167 | 6567 |
| City of Loveland, Centerra Metropolitan Dist. No. 1, Rev. Ref. and Improvement Bonds, Series 2020-A, 5.00% <br> 12/1/2051  | 500 | 488 |
| Mead Place Metropolitan Dist. No. 4, Limited Tax GO Bonds, CAB, Series 2024, 0% 12/1/2054 (8.00% on <br>6/1/2029) <sup>(a)(d)</sup>  | 2407 | 1806 |
| Mesa County Valley School Dist. No. 51 (Grand Junction), GO Bonds, Series 2025, 5.25% 12/1/2049  | 1090 | 1171 |
| North Range Metropolitan Dist. No. 3, Limited Tax GO Bonds, Series 2020-A-3, 5.25% 12/1/2050  | 500 | 502 |
| Town of Parker, Belford North Metropolitan Dist., GO Limited Tax Bonds, Series 2020-A, 5.50% 12/1/2050  | 696 | 629 |
| Plaza Metropolitan Dist. No. 1, Rev. Ref. Bonds, Series 2013, 5.00% 12/1/2040 <sup>(a)</sup>  | 2000 | 2001 |
| Public Auth. for Colorado Energy, Natural Gas Purchase Rev. Bonds, Series 2008, 6.25% 11/15/2028  | 145 | 153 |
| Public Auth. for Colorado Energy, Natural Gas Purchase Rev. Bonds, Series 2008, 6.50% 11/15/2038  | 100 | 121 |
| Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2020-B, 4.00% <br> 7/15/2034  | 110 | 112 |
| Town of Severance, Hunters Overlook Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. Bonds, Series 2024, 4.25% <br> 12/1/2054  | 150 | 145 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **124** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Colorado (continued)** | **Colorado (continued)** | **Colorado (continued)** |
| Sterling Ranch Community Auth. Board Dist. No. 2, Limited Tax Bonds, Series 2025-B, 6.875% 12/15/2055 <sup>(e)</sup>  | USD<br> 565<br>| $568 |
| Sterling Ranch Community Auth. Board, Special Improvement Dist. No. 1, Special Assessment Rev. Bonds, Series 2024, <br> 5.625% 12/1/2043  | 654 | 670 |
| Town of Superior, STC Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Ref. Bonds, Series 2025-A-2, 6.25% <br> 12/1/2055 <sup>(a)</sup>  | 884 | 890 |
| Talon Pointe Metropolitan Dist., GO Rev. Ref. and Improvement Bonds, Series 2019-A, 5.25% 12/1/2051 <sup>(e)</sup>  | 1472 | 1042 |
| Timnath Lakes Metropolitan Dist. No. 1, GO Limited Tax Bonds, Series 2022-B, 6.375% 12/15/2052 <sup>(e)</sup>  | 500 | 497 |
| Timnath Lakes Metropolitan Dist. No. 3, GO Limited Tax Bonds, Series 2022-B, 6.00% 12/15/2052 <sup>(e)</sup>  | 650 | 602 |
| Timnath Lakes Metropolitan Dist. No. 3, GO Limited Tax Bonds, Convertible CAB, Series 2022-A, 4.00% 12/1/2052  | 2500 | 2032 |
| Tree Farm Metropolitan Dist., GO Limited Tax Bonds, Series 2021, 4.50% 12/1/2041 <sup>(a)</sup>  | 500 | 456 |
| Vail Home Partners Corp., Housing Facs. Rev. Bonds, Series 2025, 5.875% 10/1/2055 <sup>(a)</sup>  | 145 | 148 |
| Vail Home Partners Corp., Housing Facs. Rev. Bonds, Series 2025, 6.00% 10/1/2064 <sup>(a)</sup>  | 265 | 271 |
| Water Valley Metropolitan Dist. No. 2, GO Rev. Ref. Bonds, Series 2016, 5.25% 12/1/2040  | 220 | 220 |
| County of Weld, Tri-Pointe Residential Metropolitan Dist., Limited Tax GO Rev. Ref. Bonds, Series 2021, 4.50% <br> 12/1/2051  | 3215 | 2616 |
| County of Weld, Waterfront at Foster Lake Metropolitan Dist. No. 2, Limited Tax GO Bonds, Series 2022-A-3-1, 5.00% <br> 12/1/2051  | 1535 | 1225 |
| County of Weld, Waterfront at Foster Lake Metropolitan Dist. No. 2, Limited Tax GO Bonds, Convertible CAB, Series <br> 2022-A-3-2, 0% 12/1/2051 (4.625% on 12/1/2027) <sup>(d)</sup>  | 740 | 541 |
| City of Wheat Ridge, Legacy Community Auth., Limited Tax Rev. Bonds, Series 2025-A, 6.75% 12/1/2055  | 2250 | 2279 |
| City of Wheat Ridge, Longs Peak Metropolitan Dist., Limited Tax GO Bonds, Series 2021, 5.25% 12/1/2051 <sup>(a)(e)</sup>  | 500 | 489 |
| Town of Windsor, Great Western Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. Bonds, Series 2020, 4.75% <br> 12/1/2050  | 1091 | 964 |
| Town of Windsor, Jacoby Farm Metropolitan Dist., Limited Tax GO Rev. Ref. Bonds, Series 2021, 5.00% <br>12/15/2046 <sup>(a)(e)</sup>  | 500 | 458 |
| Town of Windsor, Ptarmigan West Metropolitan Dist. No. 2, Limited Tax GO Bonds, Series 2021, 4.125% 12/1/2051  | 600 | 431 |
|  |  | 174911 |
| **Connecticut 0.84%** | **Connecticut 0.84%** | **Connecticut 0.84%** |
| City of Bridgeport, Steel Point Infrastructure Improvement Dist., Special Obligation Rev. Bonds (Steelpointe Harbor <br> Project), Series 2024, 5.625% 4/1/2044 <sup>(a)</sup>  | 210 | 220 |
| City of Bridgeport, Steel Point Infrastructure Improvement Dist., Special Obligation Rev. Bonds (Steelpointe Harbor <br> Project), Series 2021, 4.00% 4/1/2051 <sup>(a)</sup>  | 1110 | 950 |
| City of Bridgeport, Steel Point Infrastructure Improvement Dist., Special Obligation Rev. Bonds (Steelpointe Harbor <br> Project), Series 2024, 6.00% 4/1/2052 <sup>(a)</sup>  | 620 | 660 |
| Health and Educational Facs. Auth., Rev. Bonds (Hartford Healthcare Issue), Series 2014-E, 5.00% 7/1/2042  | 200 | 200 |
| Health and Educational Facs. Auth., Rev. Bonds (Healthcare Fac. Expansion Issue - Church Home of Hartford, Inc. <br> Project), Series 2016-A, 5.00% 9/1/2053 <sup>(a)</sup>  | 180 | 167 |
| Health and Educational Facs. Auth., Rev. Bonds (McLean Affiliates, Inc.), Series 2020-A, 5.00% 1/1/2045 <sup>(a)</sup>  | 160 | 142 |
| Health and Educational Facs. Auth., Rev. Bonds (Sacred Heart University Issue), Series 2020-K, 4.00% 7/1/2045  | 220 | 204 |
| Health and Educational Facs. Auth., Rev. Bonds (Sacred Heart University Issue), Series 2022-L, 5.00% 7/1/2052  | 350 | 358 |
| Health and Educational Facs. Auth., Rev. Bonds (Stamford Hospital Issue), Series 2022-M, 4.00% 7/1/2039  | 1525 | 1520 |
| Health and Educational Facs. Auth., Rev. Bonds (Stamford Hospital Issue), Series 2022-M, 4.00% 7/1/2040  | 50 | 49 |
| Health and Educational Facs. Auth., Rev. Bonds (Stamford Hospital Issue), Series 2022-M, 4.00% 7/1/2042  | 330 | 312 |
| Health and Educational Facs. Auth., Rev. Bonds (The Jerome Home Issue), Series 2021-E, 4.00% 7/1/2041  | 135 | 123 |
| Health and Educational Facs. Auth., Rev. Bonds (The Jerome Home Issue), Series 2021-E, 4.00% 7/1/2051  | 170 | 134 |
| Health and Educational Facs. Auth., Rev. Bonds (Yale University Issue), Series 2016-A-1, 1.90% 7/1/2042 <sup>(b)</sup>  | 1500 | 1500 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2021-B, AMT, 5.00% <br> 11/15/2026  | 30 | 30 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2021-B, AMT, 5.00% <br> 11/15/2027  | 15 | 15 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2021-B, AMT, 5.00% <br> 11/15/2028  | 25 | 26 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2021-B, AMT, 5.00% <br> 11/15/2029  | 60 | 63 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2023-B, AMT, 4.00% <br> 11/15/2035  | 80 | 80 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2020-B, AMT, 3.25% <br> 11/15/2036  | 155 | 145 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2023-B, AMT, 4.00% <br> 11/15/2036  | 25 | 25 |

---

---

| | |
|:---|:---|
| **125** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Connecticut (continued)** | **Connecticut (continued)** | **Connecticut (continued)** |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2021-B, AMT, 2.25% <br> 11/15/2037  | USD<br> 260<br>| $214 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2023-B, AMT, 4.125% <br> 11/15/2037  | 95 | 95 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2025-B-1, AMT, 4.75% <br> 11/15/2037  | 100 | 103 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2024-B, AMT, 4.125% <br> 11/15/2040  | 125 | 124 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2018-A-2, AMT, 4.00% 11/15/2041  | 25 | 25 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2022-A-1, 3.50% 11/15/2051  | 80 | 80 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2023-B, 5.75% 11/15/2053  | 140 | 150 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2024-A, 6.00% 11/15/2054  | 85 | 92 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2024-C-1, 6.00% 11/15/2054  | 60 | 66 |
| Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Bonds, Series 2016-A, 5.50% 8/1/2026 <sup>(a)</sup>  | 115 | 115 |
| Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2015-C, 6.25% <br>2/1/2030 <sup>(a)</sup>  | 1695 | 1697 |
| Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2020-B, 6.50% <br>8/1/2035 <sup>(a)</sup>  | 1380 | 1430 |
| Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2015-A, 6.75% <br>2/1/2045 <sup>(a)</sup>  | 3000 | 3024 |
| City of Stamford, Harbor Point Infrastructure Improvement Dist., Special Obligation Rev. Ref. Bonds (Harbor Point <br> Project), Series 2017, 5.00% 4/1/2030 <sup>(a)</sup>  | 235 | 238 |
| City of Stamford, Harbor Point Infrastructure Improvement Dist., Special Obligation Rev. Ref. Bonds (Harbor Point <br> Project), Series 2017, 5.00% 4/1/2039 <sup>(a)</sup>  | 2835 | 2874 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-C, 4.75% 10/1/2032  | 360 | 372 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-B, 5.375% 10/1/2033  | 2620 | 2656 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.00% 10/1/2040  | 115 | 121 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.375% 10/1/2045  | 185 | 190 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.50% 10/1/2055  | 120 | 122 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.25% 10/1/2060  | 115 | 115 |
|  |  | 20826 |
| **Delaware 0.04%** | **Delaware 0.04%** | **Delaware 0.04%** |
| Econ. Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), <br> Series 2018-B, 5.00% 11/15/2048  | 145 | 145 |
| Housing Auth., Single Family Mortgage Rev. Bonds, Series 2024-B, 6.00% 1/1/2055  | 830 | 911 |
|  |  | 1056 |
| **District of Columbia 0.17%** | **District of Columbia 0.17%** | **District of Columbia 0.17%** |
| Income Tax Secured Rev. Bonds, Series 2020-A, 3.00% 3/1/2041  | 340 | 302 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2050  | 195 | 204 |
| Metropolitan Area Transit Auth., Dedicated Rev. Bonds, Series 2025-A, 5.25% 7/15/2055  | 695 | 732 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% <br> 10/1/2050  | 550 | 564 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.25% 10/1/2041  | 155 | 168 |
| Metropolitan Washington DC Airports Auth., Dulles Toll Road Rev. Ref. Bonds (Dulles Metrorail and Capital <br> Improvement Projects), Series 2019-B, 4.00% 10/1/2053  | 890 | 771 |
| Rev. Bonds (DC International School Issue), Series 2019, 5.00% 7/1/2039  | 110 | 113 |
| Rev. Bonds (DC International School Issue), Series 2019, 5.00% 7/1/2049  | 100 | 99 |
| Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 6/1/2036  | 145 | 146 |
| Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 6/1/2041  | 390 | 390 |
| Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 6/1/2046  | 375 | 368 |
| Rev. Ref. Bonds (KIPP DC Issue), Series 2017-B, 5.00% 7/1/2048  | 470 | 470 |
|  |  | 4327 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **126** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida 6.00%** | **Florida 6.00%** | **Florida 6.00%** |
| County of Alachua, Health Facs. Auth., Continuing Care Retirement Community Rev. Bonds (Oak Hammock at the <br> University of Florida, Inc. Project), Series 2021, 4.00% 10/1/2040  | USD<br> 225<br>| $214 |
| County of Alachua, Health Facs. Auth., Continuing Care Retirement Community Rev. Bonds (Oak Hammock at the <br> University of Florida, Inc. Project), Series 2022, 4.00% 10/1/2040  | 115 | 109 |
| County of Alachua, Health Facs. Auth., Continuing Care Retirement Community Rev. Bonds (Oak Hammock at the <br> University of Florida, Inc. Project), Series 2021, 4.00% 10/1/2046  | 180 | 152 |
| County of Alachua, Health Facs. Auth., Continuing Care Retirement Community Rev. Bonds (Oak Hammock at the <br> University of Florida, Inc. Project), Series 2022, 4.00% 10/1/2046  | 195 | 164 |
| County of Alachua, Health Facs. Auth., Health Facs. Rev. Ref. Bonds, Series 2019-A, 4.00% 12/1/2049  | 310 | 274 |
| County of Alachua, Parker Road Community Dev. Dist., Capital Improvement Rev. Ref. and Rev. Bonds, Series 2020, <br> 3.875% 5/1/2040  | 265 | 237 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2043  | 240 | 241 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2048  | 785 | 766 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2053  | 610 | 583 |
| City of Atlantic Beach, Health Care Facs. Rev. Ref. Bonds (Fleet Landing Project), Series 2013-A, 5.00% 11/15/2037  | 355 | 355 |
| Balm Grove Community Dev. Dist., Special Assessment Bonds (Series 2022 Project), Series 2022, 4.00% 11/1/2042  | 1975 | 1804 |
| Balm Grove Community Dev. Dist., Special Assessment Bonds (Series 2022 Project), Series 2022, 4.125% 11/1/2051  | 1000 | 840 |
| Braddock Lakes Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2025, 5.55% 5/1/2045  | 1125 | 1127 |
| County of Broward, Airport System Rev. Bonds, Series 2019-A, AMT, 4.00% 10/1/2044  | 260 | 242 |
| Capital Projects Fin. Auth., Student Housing Rev. Ref. Bonds (Capital Projects Loan Program - Florida Universities), <br> Series 2020-A-1, 5.00% 10/1/2033  | 165 | 174 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (AcadeMir Charter Schools, Inc. Project), Series 2021-A-2, 4.00% <br> 7/1/2051 <sup>(a)</sup>  | 205 | 157 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (AcadeMir Charter Schools, Inc. Project), Series 2021-A-2, 4.00% <br> 7/1/2056 <sup>(a)</sup>  | 170 | 128 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Charter Educational Foundation, Inc.), Series 2018-A, 5.375% <br> 6/15/2038 <sup>(a)</sup>  | 120 | 120 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Imagine School at Land O' Lakes Project), Series 2020-A, 5.00% <br> 12/15/2039 <sup>(a)</sup>  | 140 | 132 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Imagine School at North Manatee Project), Series 2021-C, 5.00% <br> 6/1/2056 <sup>(a)</sup>  | 125 | 105 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Odyssey Charter School), Series 2019, 5.00% 7/1/2049 <sup>(a)</sup>  | 200 | 185 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Odyssey Charter School), Series 2019, 5.00% 7/1/2054 <sup>(a)</sup>  | 505 | 461 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Renaissance Charter School), Series 2017-A, 5.125% 6/15/2037 <sup>(a)</sup>  | 600 | 601 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Renaissance Charter School), Series 2017-A, 5.25% 6/15/2047 <sup>(a)</sup>  | 1100 | 1028 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2017-A, 5.00% <br> 10/15/2037 <sup>(a)</sup>  | 165 | 165 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2019-A, 5.00% <br> 10/15/2039 <sup>(a)</sup>  | 130 | 130 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2017-A, 5.00% <br> 10/15/2047 <sup>(a)</sup>  | 340 | 319 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2019-A, 5.00% <br> 10/15/2049 <sup>(a)</sup>  | 360 | 334 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2017-A, 5.00% <br> 10/15/2052 <sup>(a)</sup>  | 195 | 178 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2019-A, 5.00% <br> 10/15/2054 <sup>(a)</sup>  | 485 | 440 |
| Capital Trust Agcy., Rev. Bonds (Educational Growth Fund, LLC Charter School Portfolio Projects), Series 2021-A-1, <br> 5.00% 7/1/2056 <sup>(a)</sup>  | 6935 | 5998 |
| Capital Trust Agcy., Rev. Bonds (Educational Growth Fund, LLC Charter School Portfolio Projects), CAB, Series 2021-B, <br> 0% 7/1/2061 <sup>(a)</sup>  | 22315 | 1897 |
| Capital Trust Agcy., Rev. Bonds (WFCS Portfolio Projects), Series 2021-A-1, 5.00% 1/1/2056 <sup>(a)</sup>  | 615 | 518 |
| Capital Trust Agcy., Senior Rev. Bonds (Educational Growth Fund, LLC Charter School Portfolio Projects), Series <br> 2021-A-1, 3.375% 7/1/2031 <sup>(a)</sup>  | 520 | 502 |
| Capital Trust Auth., Charter School Rev. Bonds (Mason Classical Academy Project), Series 2024-A, 5.00% 6/1/2044 <sup>(a)</sup>  | 175 | 165 |
| Capital Trust Auth., Charter School Rev. Bonds (Mason Classical Academy Project), Series 2024-A, 5.00% 6/1/2064 <sup>(a)</sup>  | 425 | 370 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (IPS Enterprises, Inc. Projects), Series 2023-A, 6.00% <br> 6/15/2043 <sup>(a)</sup>  | 140 | 144 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (IPS Enterprises, Inc. Projects), Series 2023-A, 6.25% <br> 6/15/2053 <sup>(a)</sup>  | 390 | 396 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (IPS Enterprises, Inc. Projects), Series 2023-A, 6.375% <br> 6/15/2058 <sup>(a)</sup>  | 1435 | 1463 |

---

---

| | |
|:---|:---|
| **127** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, 5.00% <br> 12/15/2044  | USD<br> 325<br>| $311 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, 5.125% <br> 12/15/2054  | 870 | 793 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, 5.125% <br> 12/15/2059  | 830 | 745 |
| Capital Trust Auth., Educational Facs. Rev. Bonds (Imagine School at West Pasco Project), Series 2023-A, 6.50% <br> 12/15/2053 <sup>(a)</sup>  | 145 | 140 |
| Capital Trust Auth., Educational Facs. Rev. Bonds (Imagine School at West Pasco Project), Series 2023-A, 6.50% <br> 12/15/2058 <sup>(a)</sup>  | 190 | 182 |
| Counties of Charlotte and Lee, Babcock Ranch Community Independent Special Dist., Special Assessment Rev. Bonds, <br> Series 2024, 4.30% 5/1/2031 <sup>(a)</sup>  | 75 | 76 |
| Counties of Charlotte and Lee, Babcock Ranch Community Independent Special Dist., Special Assessment Rev. Bonds, <br> Series 2024, 5.00% 5/1/2044 <sup>(a)</sup>  | 350 | 351 |
| Counties of Charlotte and Lee, Babcock Ranch Community Independent Special Dist., Special Assessment Rev. Bonds, <br> Series 2024, 5.25% 5/1/2055 <sup>(a)</sup>  | 725 | 722 |
| County of Clay, Sandridge Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021-A-1, 3.875% 5/1/2041  | 65 | 61 |
| County of Collier, Ave Maria Stewardship Community Dist., Capital Improvement Rev. Bonds (Ave Maria National <br> Project), Series 2021, 4.00% 5/1/2051  | 1000 | 814 |
| County of Collier, Ave Maria Stewardship Community Dist., Capital Improvement Rev. Bonds (Phase 3 Master <br> Improvements Project), Series 2019, 2.25% 5/1/2026  | 25 | 25 |
| County of Collier, Ave Maria Stewardship Community Dist., Capital Improvement Rev. Bonds (Phase 5 Master <br> Improvements Project), Series 2025, 5.60% 6/1/2056  | 655 | 652 |
| County of Collier, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings, Inc.), Series 2015-A, 5.00% 5/1/2045  | 215 | 215 |
| County of Collier, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings, Inc.), Series 2015-A, 5.00% 5/1/2048  | 355 | 353 |
| County of Collier, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings, Inc.), Series 2022, 4.00% 5/1/2052  | 250 | 211 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Charter Academy Project), Series 2022, 5.00% 10/1/2042 <sup>(a)</sup>  | 100 | 98 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Charter Academy Project), Series 2022, 5.125% <br>10/1/2052 <sup>(a)</sup>  | 450 | 416 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Charter Academy Project), Series 2022, 5.25% 10/1/2056 <sup>(a)</sup>  | 230 | 214 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Classical Academy), Series 2024-A, 5.50% 6/1/2059 <sup>(a)</sup>  | 335 | 323 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Creative Inspiration Journey School of St. Cloud), Series 2021-A, 5.00% <br> 6/15/2041 <sup>(a)</sup>  | 150 | 140 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Creative Inspiration Journey School of St. Cloud), Series 2021-A, 5.00% <br> 6/15/2051 <sup>(a)</sup>  | 120 | 103 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2033  | 85 | 86 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2020-A, 5.00% 6/15/2035  | 675 | 684 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 4.00% 6/15/2042  | 110 | 99 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2042  | 220 | 220 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2047  | 320 | 310 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2020-A, 5.00% 6/15/2050  | 125 | 119 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 4.00% 6/15/2052  | 265 | 217 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2052  | 640 | 607 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2020-A, 5.00% 6/15/2055  | 500 | 471 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2056  | 1120 | 1054 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Renaissance Charter School, Inc. Projects), Series 2023-A, 6.75% <br> 6/15/2053 <sup>(a)</sup>  | 620 | 651 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (River City Science Academy Projects), Series 2021-A, 4.00% 7/1/2055  | 120 | 94 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2020-C, 4.00% 9/15/2030 <sup>(a)</sup>  | 185 | 181 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2020-C, 5.00% 9/15/2040 <sup>(a)</sup>  | 560 | 541 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2020-C, 5.00% 9/15/2050 <sup>(a)</sup>  | 450 | 393 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2025, 6.00% 6/15/2055 <sup>(a)</sup>  | 250 | 254 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (UF Health - Jacksonville Project), Series 2022-A, 5.00% 2/1/2035  | 260 | 277 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (UF Health - Jacksonville Project), Series 2022-A, 5.00% 2/1/2038  | 505 | 530 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (UF Health - Jacksonville Project), Series 2022-A, 4.00% 2/1/2052  | 1180 | 971 |
| Dev. Fin. Corp., Rev. Bonds (Brightline Florida Passenger Rail Expansion Project), Series 2024, AGI, AMT, 5.25% <br> 7/1/2053  | 315 | 310 |
| Dev. Fin. Corp., Rev. Bonds (Brightline Florida Passenger Rail Expansion Project), Series 2024, AMT, 5.50% 7/1/2053  | 1425 | 1069 |
| Dev. Fin. Corp., Rev. Bonds (Brightline Florida Passenger Rail Project), Series 2024, AMT, 5.25% 7/1/2047  | 1250 | 938 |
| Dev. Fin. Corp., Senior Living Rev. Bonds (Mayflower Retirement Community Center, Inc.), Series 2020-A, 5.25% <br> 6/1/2050 <sup>(a)</sup>  | 220 | 208 |
| Dev. Fin. Corp., Senior Living Rev. Bonds (Mayflower Retirement Community Center, Inc.), Series 2020-A, 5.25% <br> 6/1/2055 <sup>(a)</sup>  | 220 | 204 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **128** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| Dev. Fin. Corp., Senior Living Rev. Bonds (Mayflower Retirement Community Project), Series 2021-A, 4.00% <br>6/1/2036 <sup>(a)</sup>  | USD<br> 185<br>| $173 |
| Dev. Fin. Corp., Senior Living Rev. Bonds (Mayflower Retirement Community Project), Series 2021-A, 4.00% <br>6/1/2041 <sup>(a)</sup>  | 150 | 129 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (GFL Solid Waste Southeast LLC Project), Series 2024-A, AMT, 4.375% <br> 10/1/2054 (put 10/1/2031) <sup>(a)</sup>  | 5195 | 5259 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2019, AMT, 5.00% 5/1/2029 <sup>(a)</sup>  | 2230 | 2251 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2017, AMT, 5.25% 8/1/2029  | 2175 | 2241 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2021, AMT, 3.00% 6/1/2032  | 8935 | 8249 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023, AMT, 6.125% 7/1/2032 <br> (put 7/1/2026) <sup>(a)</sup>  | 555 | 557 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2025, AMT, 4.45% 7/1/2037 (put <br> 4/2/2030) <sup>(a)</sup>  | 700 | 706 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 2019-A, AMT, 5.00% 10/1/2031  | 3000 | 3189 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 2022-A, AMT, 4.00% 10/1/2052  | 515 | 450 |
| Greater Orlando Aviation Auth., Special Purpose Airport Facs. Rev. Bonds (United Airlines, Inc. Project), Series 2025, <br> AMT, 5.25% 11/1/2034  | 3500 | 3754 |
| Greater Orlando Aviation Auth., Special Purpose Airport Facs. Rev. Bonds (United Airlines, Inc. Project), Series 2025, <br> AMT, 5.50% 11/1/2036  | 450 | 488 |
| Greater Orlando Aviation Auth., Special Purpose Airport Facs. Rev. Bonds (United Airlines, Inc. Project), Series 2025, <br> AMT, 5.50% 11/1/2037  | 1935 | 2090 |
| City of Haines City, Charles Cove Community Dev. Dist., Special Assessment Rev. Bonds, Series 2020, 4.25% 5/1/2040  | 225 | 225 |
| City of Haines City, Charles Cove Community Dev. Dist., Special Assessment Rev. Bonds, Series 2020, 4.375% <br> 5/1/2050  | 250 | 230 |
| City of Haines City, Charles Cove Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 4.00% 5/1/2052  | 160 | 136 |
| Halifax Hospital Medical Center, Hospital Rev. Ref. Bonds, Series 2016, 5.00% 6/1/2028  | 130 | 131 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 3.875% 5/1/2039  | 160 | 155 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2044  | 40 | 41 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2055  | 70 | 70 |
| Higher Educational Facs. Fncg. Auth., Educational Facs. Rev. Bonds (Florida Institute of Technology), Series 2019, <br> 5.00% 10/1/2035  | 85 | 88 |
| Higher Educational Facs. Fncg. Auth., Educational Facs. Rev. Bonds (Keiser University Project), Series 2025, 6.25% <br> 7/1/2055 <sup>(a)</sup>  | 800 | 796 |
| County of Hillsborough, Industrial Dev. Auth., Hospital Rev. Bonds (Tampa General Hospital Project), Series 2020-A, <br> 4.00% 8/1/2045  | 110 | 100 |
| County of Hillsborough, Industrial Dev. Auth., Hospital Rev. Bonds (Tampa General Hospital Project), Series 2020-A, <br> 3.50% 8/1/2055  | 2115 | 1604 |
| County of Hillsborough, Industrial Dev. Auth., Hospital Rev. Bonds (Tampa General Hospital Project), Series 2020-A, <br> 4.00% 8/1/2055  | 395 | 331 |
| Hobe-St. Lucie Conservancy Dist., Improvement Bonds (Unit of Dev. No. 1A), Series 2024, 5.60% 5/1/2044  | 190 | 196 |
| Hobe-St. Lucie Conservancy Dist., Improvement Bonds (Unit of Dev. No. 1A), Series 2024, 5.875% 5/1/2055  | 285 | 291 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-3, 5.75% 1/1/2054  | 45 | 49 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-3, 6.25% 1/1/2055  | 165 | 180 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-5, 6.25% 1/1/2055  | 65 | 71 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-1, 6.25% 7/1/2055  | 150 | 167 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2025-1, 6.25% 1/1/2056  | 275 | 304 |
| City of Jacksonville, Boggy Branch Community Dev. Dist., Special Assessment Bonds, Series 2021, 3.50% 5/1/2041  | 665 | 572 |
| City of Jacksonville, Boggy Branch Community Dev. Dist., Special Assessment Bonds, Series 2021, 4.00% 5/1/2051  | 250 | 199 |
| KD52 Community Dev. Dist. No. 1, Special Assessment Rev. Bonds, Series 2025, 5.875% 5/1/2045  | 2000 | 2009 |
| Kingston One Community Dev. Dist., Special Assessment Bonds (Assessment Area One - 2025 Project), Series 2025, <br> 5.75% 5/1/2045  | 145 | 150 |
| Kingston One Community Dev. Dist., Special Assessment Bonds (Assessment Area One - 2025 Project), Series 2025, <br> 6.00% 5/1/2057  | 1000 | 1026 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood Ranch Southeast Project), Series 2025, <br> 5.80% 5/1/2045  | 310 | 322 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood Ranch Southeast Project), Series 2025, <br> 6.00% 5/1/2056  | 885 | 914 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lorraine Lakes Project), Series 2020, 3.875% <br> 5/1/2051 <sup>(a)</sup>  | 650 | 515 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Northeast Sector Project - Phase 2B), Series 2020, <br> 4.00% 5/1/2050 <sup>(a)</sup>  | 250 | 208 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Star Farms at Lakewood Ranch Project - Phase <br> 1/2), Series 2021, 3.00% 5/1/2041  | 210 | 176 |

---

---

| | |
|:---|:---|
| **129** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Sweetwater Project), Series 2021, 3.10% 5/1/2041  | USD<br> 485<br>| $412 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Villages of Lakewood Ranch South Project), Series <br> 2016, 5.125% 5/1/2046  | 1000 | 1000 |
| County of Lee, Esplanade Lake Club Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 4.00% <br> 11/1/2040  | 75 | 71 |
| County of Lee, Esplanade Lake Club Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-2, 4.00% <br> 11/1/2040  | 100 | 96 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Cypress Cove at Healthpark Florida, Inc. Project), <br> Series 2022-A, 5.25% 10/1/2052  | 205 | 191 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Cypress Cove at Healthpark Florida, Inc. Project), <br> Series 2022-A, 5.25% 10/1/2057  | 775 | 715 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point Obligated Group), Series 2024-A, 5.25% <br> 11/15/2044  | 280 | 289 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point Obligated Group), Series 2024-C, 5.00% <br> 11/15/2054  | 360 | 350 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point Obligated Group), Series 2024-A, 5.25% <br> 11/15/2054  | 570 | 574 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point <br> Project), Series 2019, 5.00% 11/15/2044  | 25 | 25 |
| County of Lee, Portico Community Dev. Dist., Special Assessment Rev. Ref. and Improvement Bonds, Series 2020-1, <br> 3.50% 5/1/2037  | 310 | 288 |
| County of Lee, River Hall Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2021-A-1, 3.00% <br> 5/1/2031  | 55 | 52 |
| County of Lee, River Hall Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2021-A-2, 3.00% <br> 5/1/2031  | 20 | 19 |
| County of Lee, River Hall Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2021-A-1, 3.00% <br> 5/1/2036  | 110 | 99 |
| County of Lee, River Hall Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2021-A-2, 3.00% <br> 5/1/2036  | 70 | 63 |
| Local Government Fin. Commission, Educational Facs. Rev. Bonds (Bridgeprep Academy Projects), Series 2025-A, <br> 6.00% 6/15/2045 <sup>(a)</sup>  | 190 | 195 |
| Local Government Fin. Commission, Educational Facs. Rev. Bonds (Bridgeprep Academy Projects), Series 2025-A, <br> 6.25% 6/15/2055 <sup>(a)</sup>  | 970 | 992 |
| Local Government Fin. Commission, Educational Facs. Rev. Bonds (Bridgeprep Academy Projects), Series 2025-A, <br> 6.125% 6/15/2065 <sup>(a)</sup>  | 2210 | 2228 |
| Local Government Fin. Commission, Senior Living Rev. Bonds (Fleet Landing at Nocatee Project), Series 2025-A, <br> 6.875% 11/15/2064 <sup>(a)</sup>  | 550 | 574 |
| LTC Ranch West Residential Community Dev. Dist., Special Assessment Rev. Bonds (Assessment Area One Project), <br> Series 2021-A, 3.45% 5/1/2041  | 1125 | 970 |
| LTC Ranch West Residential Community Dev. Dist., Special Assessment Rev. Bonds (Assessment Area One Project), <br> Series 2021-A, 4.00% 5/1/2052  | 810 | 662 |
| Counties of Manatee and Sarasota, Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood <br> Centre North), Series 2015, 4.875% 5/1/2035  | 60 | 60 |
| Counties of Manatee and Sarasota, Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood <br> Centre North), Series 2015, 4.875% 5/1/2045  | 225 | 220 |
| Counties of Manatee and Sarasota, Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood <br> National and Polo Run Project), Series 2017, 5.25% 5/1/2037  | 110 | 112 |
| Counties of Manatee and Sarasota, Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood <br> National and Polo Run Project), Series 2017, 5.375% 5/1/2047  | 120 | 121 |
| County of Manatee, Artisan Lakes East Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2021-1, 4.00% <br> 5/1/2051  | 35 | 29 |
| County of Manatee, North River Ranch Community Dev. Dist., Capital Improvement Rev. Bonds (Phase 1 Project), <br> Series 2020-A-1, 4.00% 5/1/2040  | 315 | 303 |
| County of Manatee, North River Ranch Community Dev. Dist., Capital Improvement Rev. Bonds (Phase 1 Project), <br> Series 2020-A-1, 4.25% 5/1/2051  | 135 | 119 |
| City of Miami, Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Infrastructure Project), <br> Series 2014-B, 5.00% 5/1/2037  | 190 | 190 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2035  | 2655 | 2952 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2017-B, AMT, 5.00% 10/1/2040  | 1900 | 1927 |
| County of Miami-Dade, Health Facs. Auth., Hospital Rev. and Rev. Ref. Bonds (Nicklaus Children's Hospital Project), <br> Series 2021-A, AGI, 4.00% 8/1/2051  | 330 | 300 |
| County of Miami-Dade, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Running Brook Apartments), Series 2023, <br> 3.55% 1/1/2027 (put 1/1/2026)  | 1125 | 1125 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **130** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| County of Miami-Dade, Industrial Dev. Auth., Industrial Dev. Rev. Bonds (CFC-MB I, LLC Collins Park Housing Project), <br> Series 2023, AMT, 6.25% 1/1/2059 <sup>(a)</sup>  | USD<br> 835<br>| $839 |
| County of Miami-Dade, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. of Florida <br> Project), Series 2011, AMT, 3.45% 11/1/2041 (put 11/2/2026)  | 975 | 976 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 3.25% <br> 5/1/2026  | 70 | 70 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 4.125% <br> 5/1/2041  | 2940 | 2784 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 4.25% <br> 5/1/2053  | 2725 | 2339 |
| City of Miami Beach, Health Facs. Auth., Hospital Rev. Bonds (Mount Sinai Medical Center of Florida), Series 2021-B, <br> 3.00% 11/15/2051  | 1730 | 1212 |
| Mirada II Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2021, 4.00% 5/1/2051  | 150 | 123 |
| City of North Port, West Villages Improvement Dist., Special Assessment Bonds (Unit of Dev. No. 2), Series 2019-A-1, <br> 5.75% 5/1/2036  | 210 | 210 |
| County of Orange, Health Facs. Auth., Health Care Facs. Rev. Bonds (Presbyterian Retirement Communities Project), <br> Series 2015, 5.00% 8/1/2045  | 475 | 475 |
| County of Orange, Health Facs. Auth., Hospital Rev. Bonds (Orlando Health Obligated Group), Series 2025-A, 5.25% <br> 10/1/2056  | 470 | 488 |
| County of Orange, Health Facs. Auth., Rev. Bonds (Presbyterian Retirement Communities Obligated Group Project), <br> Series 2023-A, 4.00% 8/1/2042  | 645 | 608 |
| County of Orange, Health Facs. Auth., Rev. Bonds (Presbyterian Retirement Communities Obligated Group Project), <br> Series 2023-A, 4.00% 8/1/2047  | 735 | 642 |
| County of Orange, Health Facs. Auth., Rev. Bonds (Presbyterian Retirement Communities Obligated Group Project), <br> Series 2024, 5.00% 8/1/2054  | 1170 | 1154 |
| Orlando Utilities Commission, Utility System Rev. Bonds, Series 2025-A, 5.00% 10/1/2050  | 325 | 340 |
| Ormond Crossings West Community Dev. Dist., Special Assessment Bonds (Master Infrastructure Project), Series 2025, <br> 5.75% 11/1/2047  | 500 | 498 |
| County of Palm Beach, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life Communities, <br> Inc. Obligated Group), Series 2016, 5.00% 11/15/2032  | 655 | 664 |
| County of Palm Beach, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life Communities, <br> Inc. Obligated Group), Series 2018-A, 5.00% 11/15/2045  | 140 | 141 |
| County of Palm Beach, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life Communities, <br> Inc. Obligated Group), Series 2025-B, 5.00% 11/15/2055  | 3640 | 3603 |
| County of Palm Beach, Health Facs. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2016-B, 5.00% 5/15/2036  | 115 | 115 |
| County of Palm Beach, Health Facs. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2020-B, 4.00% 11/15/2041  | 30 | 29 |
| County of Palm Beach, Health Facs. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2020-B, 5.00% 11/15/2042  | 70 | 72 |
| County of Palm Beach, Health Facs. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2019-B, 5.00% 5/15/2053  | 135 | 124 |
| County of Palm Beach, Health Facs. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2023-C, 7.625% 5/15/2058  | 240 | 266 |
| County of Palm Beach, Health Facs. Auth., Rev. Bonds (Toby & Leon Cooperman Sinai Residences of Boca Raton <br> Expansion), Series 2020, 5.00% 6/1/2055  | 400 | 367 |
| City of Palm Coast, Palm Coast Park Community Dev. Dist., Special Assessment Bonds, Series 2006, 5.70% 5/1/2037  | 200 | 203 |
| City of Palm Coast, Palm Coast Park Community Dev. Dist., Special Assessment Bonds, Series 2022, 5.125% 5/1/2051  | 500 | 484 |
| City of Palm Coast, Town Center at Palm Coast Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2005, <br> 6.00% 5/1/2036  | 190 | 190 |
| Parrish Plantation Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 3.50% 5/1/2041  | 500 | 436 |
| County of Pasco, Capital Improvement Cigarette Tax Allocation Bonds, Series 2023-A, AGI, 5.75% 9/1/2054  | 70 | 75 |
| County of Pinellas, Educational Facs. Auth., Lease Rev. Bonds (Discovery Academy of Science Project), Series 2022-A, <br> 4.00% 6/1/2046 <sup>(a)</sup>  | 325 | 249 |
| County of Pinellas, Educational Facs. Auth., Lease Rev. Bonds (Discovery Academy of Science Project), Series 2022-A, <br> 5.00% 6/1/2056 <sup>(a)</sup>  | 455 | 380 |
| County of Pinellas, Industrial Dev. Auth., Rev. Bonds (Drs. Kiran & Pallavi Patel 2017 Foundation for Global <br> Understanding, Inc. Project), Series 2019, 5.00% 7/1/2029  | 180 | 184 |
| County of Pinellas, Industrial Dev. Auth., Rev. Bonds (Drs. Kiran & Pallavi Patel 2017 Foundation for Global <br> Understanding, Inc. Project), Series 2019, 5.00% 7/1/2039  | 340 | 343 |
| County of Polk, Industrial Dev. Auth., Retirement Fac. Rev. Ref. and Improvement Bonds (Carpenters Home Estates, Inc. <br> Project), Series 2019-A, 5.00% 1/1/2039  | 110 | 111 |
| County of Polk, Industrial Dev. Auth., Retirement Fac. Rev. Ref. and Improvement Bonds (Carpenters Home Estates, Inc. <br> Project), Series 2019-A, 5.00% 1/1/2055  | 430 | 402 |
| County of Polk, Westside Haines City Community Dev. Dist., Special Assessment Bonds (Assessment Area One <br> Project), Series 2021, 3.25% 5/1/2041  | 625 | 542 |
| City of Pompano Beach, Rev. and Rev. Ref. Bonds (John Knox Village Project), Series 2020, 3.50% 9/1/2030  | 140 | 140 |
| City of Pompano Beach, Rev. and Rev. Ref. Bonds (John Knox Village Project), Series 2020, 3.50% 9/1/2035  | 530 | 512 |

---

---

| | |
|:---|:---|
| **131** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| City of Pompano Beach, Rev. and Rev. Ref. Bonds (John Knox Village Project), Series 2020, 4.00% 9/1/2040  | USD<br> 40<br>| $38 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2021-A, 4.00% 9/1/2036  | 285 | 284 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 9/1/2039  | 85 | 85 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2021-A, 4.00% 9/1/2041  | 380 | 355 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 9/1/2044  | 420 | 420 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2021-A, 4.00% 9/1/2051  | 710 | 582 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2021-A, 4.00% 9/1/2056  | 1735 | 1387 |
| City of Port St. Lucie, Tradition Community Dev. Dist. No. 9, Special Assessment Bonds (Community Infrastructure), <br> Series 2021, 4.00% 5/1/2052  | 65 | 52 |
| City of Port St. Lucie, Tradition Community Dev. Dist. No. 9, Special Assessment Bonds (Community Infrastructure), <br> Series 2025, 5.65% 5/1/2056  | 250 | 251 |
| City of Port St. Lucie, Utility System Rev. Ref. Bonds, Series 2016, 4.00% 9/1/2036  | 220 | 221 |
| City of St. Cloud, Gramercy Farms Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2011, 6.75% <br> 5/1/2039  | 160 | 154 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series <br> 2019-A-2, 4.25% 5/1/2037  | 250 | 252 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-B, <br> 3.25% 5/1/2040  | 1140 | 984 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-C, <br> 3.40% 5/1/2040  | 400 | 348 |
| County of St. Johns, Industrial Dev. Auth., Rev. Bonds (Presbyterian Retirement Communities Obligated Group Project), <br> Series 2020-A, 4.00% 8/1/2055  | 515 | 429 |
| County of St. Johns, Industrial Dev. Auth., Senior Living Rev. Bonds (Vicars Landing Project), Series 2021-A, 4.00% <br> 12/15/2036  | 110 | 105 |
| County of St. Johns, Industrial Dev. Auth., Senior Living Rev. Bonds (Vicars Landing Project), Series 2021-A, 4.00% <br> 12/15/2041  | 105 | 93 |
| County of St. Johns, Industrial Dev. Auth., Senior Living Rev. Bonds (Vicars Landing Project), Series 2021-A, 4.00% <br> 12/15/2046  | 520 | 421 |
| County of St. Johns, Industrial Dev. Auth., Senior Living Rev. Bonds (Vicars Landing Project), Series 2021-A, 4.00% <br> 12/15/2050  | 185 | 143 |
| County of St. Johns, Marshall Creek Community Dev. Dist., Special Assessment Bonds, Series 2002, 5.00% 5/1/2032  | 185 | 185 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Bonds (Village on the Isle Project), Series 2017-A, 5.00% <br> 1/1/2037  | 235 | 236 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Bonds (Village on the Isle Project), Series 2017-A, 5.00% <br> 1/1/2042  | 485 | 485 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Bonds (Village on the Isle Project), Series 2017-A, 5.00% <br> 1/1/2047  | 405 | 380 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Bonds (Village on the Isle Project), Series 2017-A, 5.00% <br> 1/1/2052  | 745 | 676 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Improvement Bonds (Sunnyside Village Project), Series <br> 2018, 5.00% 5/15/2048  | 135 | 130 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Ref. Bonds (Village on the Isle Project), Series 2016, 5.00% <br> 1/1/2026  | 15 | 15 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Ref. Bonds (Village on the Isle Project), Series 2016, 5.00% <br> 1/1/2027  | 20 | 20 |
| County of Sarasota, Health Facs. Auth., Retirement Fac. Rev. Ref. Bonds (Village on the Isle Project), Series 2016, 5.00% <br> 1/1/2030  | 15 | 15 |
| South Broward Hospital Dist., Hospital Rev. Bonds (South Broward Hospital Dist. Obligated Group), Series 2021-A, <br> 3.00% 5/1/2051  | 225 | 162 |
| City of South Miami, Health Facs. Auth., Hospital Rev. Ref. Bonds (Baptist Health South Florida Obligated Group), <br> Series 2017, 4.00% 8/15/2042  | 220 | 213 |
| City of South Miami, Health Facs. Auth., Hospital Rev. Ref. Bonds (Baptist Health South Florida Obligated Group), <br> Series 2017, 5.00% 8/15/2047  | 370 | 373 |
| City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2015-A, 5.00% <br> 12/1/2040  | 145 | 145 |
| City of Tampa, Rev. and Rev. Ref. Bonds (University of Tampa Project), Series 2015, 5.00% 4/1/2045  | 175 | 175 |
| City of Tampa, Rev. and Rev. Ref. Bonds (University of Tampa Project), Series 2020-A, 4.00% 4/1/2050  | 535 | 482 |
| City of Venice, Laurel Road Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2021-A-1, 3.25% 5/1/2041  | 425 | 361 |
| City of Venice, Laurel Road Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2021-A-1, 4.00% 5/1/2052  | 165 | 134 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2019, 5.00% <br> 1/1/2037  | 115 | 117 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2019, 5.00% <br> 1/1/2047  | 150 | 141 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **132** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2019, 5.00% <br> 1/1/2052  | USD<br> 340<br>| $311 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-A, 5.50% <br> 1/1/2055 <sup>(a)</sup>  | 280 | 273 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-A, 5.625% <br> 1/1/2060 <sup>(a)</sup>  | 1085 | 1070 |
| Verano #3 Community Dev. Dist., Special Assessment Bonds (Phase 1 Assessment Area), Series 2021, 3.375% <br> 5/1/2041  | 500 | 434 |
| Village Community Dev. Dist. No. 14, Special Assessment Rev. Bonds, Series 2022, 5.50% 5/1/2053  | 2980 | 3033 |
| Village Community Dev. Dist. No. 16, Special Assessment Rev. Bonds, Series 2025, 5.125% 5/1/2056  | 950 | 950 |
| Wellness Ridge Community Dev. Dist., Special Assessment Bonds (Assessment Area Two), Series 2024, 5.20% <br> 6/15/2055 <sup>(a)</sup>  | 1000 | 972 |
| City of Wildwood, Village Community Dev. Dist. No. 12, Special Assessment Rev. Bonds, Series 2018, 4.25% 5/1/2043  | 130 | 126 |
| City of Wildwood, Village Community Dev. Dist. No. 12, Special Assessment Rev. Bonds, Series 2018, 4.375% 5/1/2050  | 245 | 225 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2020, 3.25% <br>5/1/2040 <sup>(a)</sup>  | 1195 | 1069 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2021, 3.00% 5/1/2041  | 290 | 245 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2019, 3.70% 5/1/2050  | 2500 | 2047 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2020, 3.50% <br>5/1/2051 <sup>(a)</sup>  | 420 | 329 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2021, 3.25% 5/1/2052  | 940 | 696 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2023, 4.85% <br>5/1/2038 <sup>(a)</sup>  | 990 | 1027 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.55% <br>5/1/2044 <sup>(a)</sup>  | 120 | 116 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2023, 5.25% <br>5/1/2054 <sup>(a)</sup>  | 515 | 518 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.80% <br>5/1/2055 <sup>(a)</sup>  | 1765 | 1698 |
| Middleton Community Dev. Dist. A, Special Assessment Rev. Bonds (City of Wildwood), Series 2024, 4.00% 5/1/2034  | 365 | 368 |
| Middleton Community Dev. Dist. A, Special Assessment Rev. Bonds (City of Wildwood), Series 2024, 4.20% 5/1/2039  | 110 | 110 |
| Middleton Community Dev. Dist. A, Special Assessment Rev. Bonds (City of Wildwood), Series 2024, 4.55% 5/1/2044  | 110 | 107 |
| Middleton Community Dev. Dist. A, Special Assessment Rev. Bonds (City of Wildwood), Series 2024, 4.75% 5/1/2055  | 460 | 433 |
| City of Winter Garden, Winter Garden Village at Fowler Groves Community Dev. Dist., Special Assessment Rev. Ref. <br> Bonds, Series 2016, 3.75% 5/1/2031  | 385 | 385 |
| City of Winter Garden, Winter Garden Village at Fowler Groves Community Dev. Dist., Special Assessment Rev. Ref. <br> Bonds, Series 2016, 4.125% 5/1/2037  | 215 | 215 |
|  |  | 148962 |
| **Georgia 1.36%** | **Georgia 1.36%** | **Georgia 1.36%** |
| City of Atlanta, Airport General Rev. Bonds, Series 2022-B, AMT, 5.00% 7/1/2047  | 2000 | 2040 |
| City of Atlanta, Airport General Rev. Bonds, Series 2024-B, AMT, 5.25% 7/1/2049  | 2450 | 2555 |
| City of Atlanta, Airport General Rev. Green Bonds, Series 2025-B, AMT, 5.25% 7/1/2050  | 1430 | 1488 |
| City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2019-D, AMT, 4.00% 7/1/2040  | 190 | 186 |
| City of Atlanta, Dev. Auth. Rev. Bonds, (Gulch Enterprise Zone Project), CAB, Series 2024-A-1, 0% 12/15/2048 (6.50% <br> on 6/15/2028) <sup>(a)(d)</sup>  | 380 | 341 |
| City of Atlanta, Dev. Auth. Senior Rev. Bonds (Westside Gulch Area Project), Series 2024-A-2, 5.50% 4/1/2039 <sup>(a)</sup>  | 520 | 536 |
| City of Atlanta, Urban Redev. Agcy., Rev. Bonds (Atlanta Beltline Trail Completion Project), Series 2021, 3.625% <br> 7/1/2042 <sup>(a)</sup>  | 535 | 465 |
| City of Atlanta, Urban Redev. Agcy., Rev. Bonds (Atlanta Beltline Trail Completion Project), Series 2021, 3.875% <br> 7/1/2051 <sup>(a)</sup>  | 2645 | 2187 |
| County of Burke, Dev. Auth., Pollution Control Rev. Bonds (Georgia Transmission Corp. Vogtle Project), Series 2012, <br> 2.75% 1/1/2052  | 1170 | 754 |
| County of Burke, Dev. Auth., Pollution Control Rev. Bonds (Oglethorpe Power Corp. Vogtle Project), Series 2017-C, <br> 4.125% 11/1/2045  | 755 | 711 |
| County of Cobb, Dev. Auth., Charter School Rev. Bonds (Northwest Classical Academy Project), Series 2023-A, 6.40% <br> 6/15/2053 <sup>(a)</sup>  | 200 | 200 |
| County of Cobb, Dev. Auth., Charter School Rev. Bonds (Northwest Classical Academy Project), Series 2023-A, 6.375% <br> 6/15/2058 <sup>(a)</sup>  | 140 | 137 |
| County of Cobb, Dev. Auth., Educational Facs. Rev. Bonds (Mt. Bethel Christian Academy Project), Series 2023-A, <br> 6.25% 6/15/2055 <sup>(a)</sup>  | 190 | 196 |

---

---

| | |
|:---|:---|
| **133** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Georgia (continued)** | **Georgia (continued)** | **Georgia (continued)** |
| County of Cobb, Dev. Auth., Educational Facs. Rev. Bonds (Mt. Bethel Christian Academy Project), Series 2023-A, <br> 6.25% 6/15/2064 <sup>(a)</sup>  | USD<br> 445<br>| $456 |
| County of Cobb, Dev. Auth., Parking and Dining Hall Lease Rev. Ref. Bonds (Kennesaw State University Real Estate <br> Foundations Projects), Series 2017, 5.00% 7/15/2033  | 115 | 119 |
| County of Coweta, Residential Care Facs. for the Elderly Auth., Rev. Bonds (Wesley Woods of Newnan - Peachtree City <br> Project), Series 2021, 4.00% 3/1/2026  | 50 | 50 |
| County of Coweta, Residential Care Facs. for the Elderly Auth., Rev. Bonds (Wesley Woods of Newnan - Peachtree City <br> Project), Series 2021, 4.00% 3/1/2031  | 140 | 137 |
| County of Coweta, Residential Care Facs. for the Elderly Auth., Rev. Bonds (Wesley Woods of Newnan - Peachtree City <br> Project), Series 2021, 4.00% 3/1/2036  | 105 | 99 |
| County of Coweta, Residential Care Facs. for the Elderly Auth., Rev. Bonds (Wesley Woods of Newnan - Peachtree City <br> Project), Series 2021, 4.00% 3/1/2041  | 105 | 92 |
| County of Coweta, Residential Care Facs. for the Elderly Auth., Rev. Bonds (Wesley Woods of Newnan - Peachtree City <br> Project), Series 2021, 4.00% 3/1/2046  | 120 | 94 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2038  | 105 | 116 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2039  | 100 | 109 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2040  | 80 | 87 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.25% 10/1/2054  | 650 | 670 |
| County of Fulton, Residential Care Facs. for the Elderly, Retirement Fac. Rev. Ref. Bonds (Lenbrook Square Foundation, <br> Inc. Project), Series 2016, 5.00% 7/1/2036  | 200 | 200 |
| Geo. L. Smith II Georgia World Congress Center Auth., Convention Center Hotel First Tier Rev. Bonds, Series 2021-A, <br> 2.375% 1/1/2031  | 135 | 127 |
| Geo. L. Smith II World Congress Center Auth., Convention Center Hotel Second Tier Rev. Bonds, Series 2021-B, <br> 3.625% 1/1/2031 <sup>(a)</sup>  | 215 | 209 |
| Geo. L. Smith II World Congress Center Auth., Convention Center Hotel Second Tier Rev. Bonds, Series 2021-B, 5.00% <br> 1/1/2036 <sup>(a)</sup>  | 260 | 267 |
| Counties of Macon and Bibb, Urban Dev. Auth., Rev. Bonds (Academy for Classical Education, Inc.), Series 2017, 5.75% <br> 6/15/2037 <sup>(a)</sup>  | 135 | 137 |
| Counties of Macon and Bibb, Urban Dev. Auth., Rev. Bonds (Academy for Classical Education, Inc.), Series 2017, <br> 5.875% 6/15/2047 <sup>(a)</sup>  | 250 | 251 |
| Counties of Macon and Bibb, Urban Dev. Auth., Rev. Bonds (Academy for Classical Education, Inc.), Series 2017, 6.00% <br> 6/15/2052 <sup>(a)</sup>  | 350 | 351 |
| Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2007-A, 5.50% 9/15/2026  | 110 | 112 |
| Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2007-A, 5.50% 9/15/2028  | 165 | 174 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2019-A, 5.00% 5/15/2043  | 90 | 92 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2022-C, 4.00% 8/1/2052 (put 11/1/2027) <sup>(a)</sup>  | 745 | 744 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-B, 5.00% 7/1/2053 (put 3/1/2030)  | 540 | 570 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-E, 5.00% 12/1/2053 (put 6/1/2031)  | 3835 | 4106 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-D, 5.00% 4/1/2054 (put 4/1/2031)  | 1505 | 1618 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-A, 5.00% 5/1/2054 (put 9/1/2031)  | 925 | 994 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-B, 5.00% 12/1/2054 (put 3/1/2032)  | 1350 | 1445 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-C, 5.00% 12/1/2054 (put 12/1/2031)  | 1710 | 1833 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2025-A, 5.00% 6/1/2055 (put 6/1/2032)  | 715 | 775 |
| Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Green Bonds, Series 2025-A, 5.00% 7/1/2055  | 360 | 376 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project P Bonds, Series 2021-A, 5.00% 1/1/2029  | 165 | 173 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project P Bonds, Series 2021-A, 5.00% 1/1/2030  | 165 | 176 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project P Bonds, Series 2021-A, 4.00% 1/1/2046  | 35 | 32 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project P Bonds, Series 2019-B, 5.00% 1/1/2048  | 2000 | 2002 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project J Bonds, Series 2015-A, 5.50% 7/1/2060  | 955 | 955 |
| Municipal Electric Auth., Project One Bonds, Series 2019-A, 5.00% 1/1/2034  | 1300 | 1373 |
| Municipal Electric Auth., Project One Bonds, Series 2019-A, 4.00% 1/1/2049  | 300 | 269 |
| Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2021, <br> 4.00% 4/1/2044  | 350 | 335 |
| County of Rockdale, Rev. Ref. Bonds (Pratt Paper (GA), LLC Project), Series 2018, AMT, 4.00% 1/1/2038 <sup>(a)</sup>  | 275 | 270 |
|  |  | 33791 |
| **Guam 0.39%** | **Guam 0.39%** | **Guam 0.39%** |
| A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2024-A, AMT, 5.00% 10/1/2033  | 25 | 27 |
| A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2023-A, AMT, 5.25% 10/1/2035  | 25 | 27 |
| A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2023-A, AMT, 5.375% 10/1/2040  | 60 | 64 |
| A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2023-A, AMT, 5.375% 10/1/2043  | 140 | 146 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2030  | 50 | 54 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **134** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Guam (continued)** | **Guam (continued)** | **Guam (continued)** |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2031  | USD<br> 560<br>| $609 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 4.00% 1/1/2036  | 2455 | 2489 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.00% 1/1/2036  | 500 | 550 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.25% 1/1/2038  | 45 | 49 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.25% 1/1/2039  | 110 | 121 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2015-D, 4.00% 11/15/2039  | 115 | 112 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 4.00% 1/1/2042  | 1940 | 1873 |
| Dept. of Education, Certs. of Part. (John F. Kennedy High School Ref. and Energy Efficiency Project), Series 2020-A, <br> 4.25% 2/1/2030  | 110 | 111 |
| Dept. of Education, Certs. of Part. (John F. Kennedy High School Ref. and Energy Efficiency Project), Series 2020-A, <br> 5.00% 2/1/2040  | 665 | 673 |
| Guam Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2025-A, 5.50% 7/1/2043  | 75 | 81 |
| Guam Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2025-A, 5.25% 7/1/2050  | 450 | 464 |
| Guam Waterworks Auth., Water and Wastewater System Rev. Ref. Bonds, Series 2024-B, 5.00% 7/1/2028  | 860 | 900 |
| Hotel Occupancy Tax Rev. Ref. Bonds, Series 2021-A, 5.00% 11/1/2028  | 50 | 53 |
| Hotel Occupancy Tax Rev. Ref. Bonds, Series 2021-A, 5.00% 11/1/2029  | 85 | 91 |
| Hotel Occupancy Tax Rev. Ref. Bonds, Series 2021-A, 5.00% 11/1/2035  | 320 | 341 |
| Hotel Occupancy Tax Rev. Ref. Bonds, Series 2021-A, 5.00% 11/1/2040  | 365 | 382 |
| Limited Obligation Bonds (Section 30), Series 2016-A, 5.00% 12/1/2046  | 180 | 181 |
| Port Auth., Port Rev. Bonds, Series 2018-B, AMT, 5.00% 7/1/2033  | 50 | 51 |
| Port Auth., Port Rev. Bonds, Series 2018-B, AMT, 5.00% 7/1/2035  | 45 | 46 |
| Power Auth., Rev. Ref. Bonds, Series 2022-A, 5.00% 10/1/2034  | 110 | 121 |
|  |  | 9616 |
| **Hawaii 0.20%** | **Hawaii 0.20%** | **Hawaii 0.20%** |
| Airports System Rev. Bonds, Series 2025-C, AMT, 5.00% 7/1/2043  | 195 | 205 |
| Airports System Rev. Bonds, Series 2025-C, AMT, 5.00% 7/1/2045  | 175 | 181 |
| Airports System Rev. Bonds, Series 2022-A, AMT, 5.00% 7/1/2051  | 240 | 243 |
| Airports System Rev. Bonds, Series 2025-A, AMT, 5.25% 7/1/2051  | 440 | 458 |
| Airports System Rev. Bonds, Series 2025-A, AMT, 5.50% 7/1/2054  | 420 | 448 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2017-A, AMT, 3.10% <br> 5/1/2026  | 280 | 278 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2017-B, AMT, 4.00% <br> 3/1/2037  | 260 | 258 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2019, 3.20% 7/1/2039  | 1845 | 1655 |
| County of Hawaii, Community Facs. Dist. No. 1-2021 (Kaloko Heights Project), Special Tax Rev. Bonds, Series 2023, <br> 7.25% 5/15/2052 <sup>(a)</sup>  | 750 | 760 |
| City and County of Honolulu, Wastewater System Rev. Bonds (First Bond Resolution), Series 2016-A, 3.00% 7/1/2041  | 410 | 357 |
| City and County of Honolulu, Wastewater System Rev. Green Bonds (First Bond Resolution), Series 2024-A, 5.25% <br> 7/1/2054  | 170 | 182 |
|  |  | 5025 |
| **Idaho 0.40%** | **Idaho 0.40%** | **Idaho 0.40%** |
| Health Facs. Auth., Rev. Bonds (Kootenai Health Project), Series 2014-A, 4.375% 7/1/2034  | 270 | 270 |
| Health Facs. Auth., Rev. Bonds (Kootenai Health Project), Series 2014-A, 4.75% 7/1/2044  | 800 | 800 |
| Health Facs. Auth., Rev. Bonds (Kootenai Health Project), Series 2017-A, 5.00% 7/1/2047  | 165 | 166 |
| Health Facs. Auth., Rev. Bonds (Terraces of Boise), Series 2021-A, 3.80% 10/1/2031  | 860 | 845 |
| Health Facs. Auth., Rev. Bonds (Terraces of Boise), Series 2021-A, 4.00% 10/1/2033  | 170 | 167 |
| Health Facs. Auth., Rev. Bonds (Terraces of Boise), Series 2021-A, 4.25% 10/1/2039  | 200 | 193 |
| Health Facs. Auth., Rev. Bonds (Terraces of Boise), Series 2021-A, 4.50% 10/1/2050  | 855 | 739 |
| Health Facs. Auth., Rev. Bonds (Terraces of Boise), Series 2021-A, 4.55% 10/1/2056  | 670 | 574 |
| Housing and Fin. Assn., Facs. Rev. Bonds (Compass Public Charter School, Inc. Project), Series 2020-A, 5.00% <br>7/1/2040 <sup>(a)</sup>  | 200 | 194 |
| Housing and Fin. Assn., Facs. Rev. Bonds (Compass Public Charter School, Inc. Project), Series 2018-A, 6.00% <br>7/1/2049 <sup>(a)</sup>  | 235 | 236 |
| Housing and Fin. Assn., Facs. Rev. Bonds (Compass Public Charter School, Inc. Project), Series 2020-A, 5.00% <br>7/1/2054 <sup>(a)</sup>  | 330 | 287 |
| Housing and Fin. Assn., Sales Tax Rev. Bonds (Transportation Expansion and Congestion Mitigation Fund), Series <br> 2024-A, 4.00% 8/15/2049  | 1325 | 1246 |
| Housing and Fin. Assn., Sales Tax Rev. Bonds (Transportation Expansion and Congestion Mitigation Fund), Series <br> 2025-A, 4.00% 8/15/2050  | 610 | 573 |

---

---

| | |
|:---|:---|
| **135** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Idaho (continued)** | **Idaho (continued)** | **Idaho (continued)** |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2023-C, 5.75% 1/1/2053  | USD<br> 1,200<br>| $1306 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2024-A, 6.00% 7/1/2054  | 1880 | 2071 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2025-C, 6.25% 1/1/2056  | 200 | 227 |
|  |  | 9894 |
| **Illinois 6.32%** | **Illinois 6.32%** | **Illinois 6.32%** |
| Village of Bolingbrook, Special Service Area No. 2019-1, Special Tax Bonds, Series 2019, 5.00% 3/1/2033  | 220 | 224 |
| Village of Bolingbrook, Special Service Area No. 2019-1, Special Tax Bonds, Series 2019, 5.25% 3/1/2041  | 465 | 470 |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2024-C, 5.00% 6/15/2040  | 250 | 270 |
| City of Chicago, Board of Education, Capital Improvement Tax Bonds (Dedicated Rev.), Series 2018, 5.00% 4/1/2034  | 170 | 174 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2018-A, AGI, 5.00% 12/1/2026  | 280 | 284 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 5.50% 12/1/2031  | 2000 | 2109 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2032  | 450 | 456 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 5.00% 12/1/2032  | 1000 | 1028 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2035  | 435 | 436 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2036  | 510 | 510 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2038  | 365 | 364 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2039  | 245 | 244 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2015-C, 5.25% 12/1/2039  | 2725 | 2720 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2040  | 270 | 265 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2041  | 640 | 624 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2018-D, 5.00% 12/1/2046  | 1655 | 1525 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2016-B, 6.50% 12/1/2046  | 865 | 870 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2017-A, 7.00% 12/1/2046 <sup>(a)</sup>  | 6200 | 6367 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 6.00% 12/1/2049  | 340 | 344 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2025-A, 5.75% 12/1/2050  | 4795 | 4774 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2025-A, 6.25% 12/1/2050  | 3265 | 3414 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 1999-A, NATL, 5.50% <br> 12/1/2026  | 515 | 521 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C, AGI, 5.00% <br> 12/1/2027  | 250 | 258 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C, AGI, 5.00% <br> 12/1/2028  | 250 | 261 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-B, 6.75% <br> 12/1/2030 <sup>(a)</sup>  | 365 | 383 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-C, 5.50% <br> 12/1/2032  | 475 | 502 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2012-B, 5.00% <br> 12/1/2034  | 110 | 109 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2012-B, 4.00% <br> 12/1/2035  | 490 | 455 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2035  | 220 | 210 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, 5.00% <br> 12/1/2035  | 120 | 119 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H, 5.00% <br> 12/1/2036  | 1385 | 1371 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-B, 5.00% <br> 12/1/2040  | 500 | 490 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2041  | 2715 | 2367 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-A, 4.00% <br> 12/1/2042  | 460 | 391 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-B, 6.00% <br> 12/1/2042  | 1310 | 1387 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-B, 7.00% <br> 12/1/2042 <sup>(a)</sup>  | 2195 | 2271 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-A, 4.00% <br> 12/1/2043  | 2430 | 2014 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-B, 6.00% <br> 12/1/2043  | 1815 | 1910 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **136** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-B, 6.00% <br> 12/1/2044  | USD<br> 1,165<br>| $1216 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-C, 5.50% <br> 12/1/2045  | 2540 | 2529 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H, 5.00% <br> 12/1/2046  | 770 | 709 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-A, 4.00% <br> 12/1/2047  | 985 | 768 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), CAB, Series 1998-B-1, NATL, <br> 0% 12/1/2028  | 1080 | 970 |
| City of Chicago, GO Bonds, Series 2021-A, 5.00% 1/1/2028  | 270 | 276 |
| City of Chicago, GO Bonds, Series 2021-A, 5.00% 1/1/2033  | 10 | 10 |
| City of Chicago, GO Bonds, Series 2023-A, 5.00% 1/1/2034  | 1185 | 1246 |
| City of Chicago, GO Bonds, Series 2021-B, 4.00% 1/1/2037 <sup>(a)</sup>  | 25 | 23 |
| City of Chicago, GO Bonds, Series 2021-B, 4.00% 1/1/2038 <sup>(a)</sup>  | 737 | 681 |
| City of Chicago, GO Bonds, Series 2021-B, 4.00% 1/1/2038 <sup>(a)</sup>  | 230 | 213 |
| City of Chicago, GO Bonds, Series 2025-B, 5.50% 1/1/2041  | 95 | 99 |
| City of Chicago, GO Bonds, Series 2024-A, 5.00% 1/1/2042  | 1000 | 990 |
| City of Chicago, GO Bonds, Series 2025-C, 6.00% 1/1/2043  | 115 | 123 |
| City of Chicago, GO Bonds, Series 2021-B, 4.00% 1/1/2044 <sup>(a)</sup>  | 493 | 405 |
| City of Chicago, GO Bonds, Series 2024-A, 5.25% 1/1/2045  | 335 | 328 |
| City of Chicago, GO Bonds, Series 2025-E, 6.00% 1/1/2045  | 110 | 116 |
| City of Chicago, GO Bonds, Series 2021-B, 4.00% 1/1/2049 <sup>(a)</sup>  | 333 | 257 |
| City of Chicago, GO Bonds, Series 2025-A, 6.00% 1/1/2050  | 1220 | 1262 |
| City of Chicago, GO Bonds (Chicago Works), Series 2023-A, 4.00% 1/1/2035  | 570 | 556 |
| City of Chicago, GO Bonds (Chicago Works), Series 2023-A, 5.25% 1/1/2038  | 400 | 416 |
| City of Chicago, GO Bonds (Chicago Works), Series 2023-A, 5.50% 1/1/2039  | 480 | 504 |
| City of Chicago, GO Bonds (Chicago Works), Series 2023-A, 5.50% 1/1/2040  | 300 | 311 |
| City of Chicago, GO Bonds (Chicago Works), Series 2023-A, 5.50% 1/1/2041  | 100 | 102 |
| City of Chicago, GO Bonds, CAB, Series 2008-C, 0% 1/1/2027 (escrowed to maturity)  | 250 | 242 |
| City of Chicago, GO Project and Rev. Ref. Bonds, CAB, Series 2008-C, 0% 1/1/2031  | 270 | 226 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2027  | 655 | 663 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2028  | 240 | 246 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2028  | 115 | 120 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2041  | 110 | 111 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Bonds, Series 2025-E, AMT, 5.50% 1/1/2055  | 4490 | 4682 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Bonds, Series 2025-E, AMT, BAM, 5.00% 1/1/2060  | 1525 | 1523 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Ref. Bonds, Series 2024-C, AMT, 5.00% 1/1/2032  | 1435 | 1577 |
| City of Chicago, O'Hare International Airport, Special Facs. Rev. Bonds (Trips Obligated Group), Series 2018, AMT, <br> 5.00% 7/1/2048  | 2465 | 2433 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), Series 2012-A, 5.00% 12/1/2042  | 7465 | 7227 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), CAB, Series 1998-B-1, NATL, 0% 12/1/2029  | 590 | 510 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), CAB, Series 1999-A, NATL, 0% 12/1/2029  | 775 | 670 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), CAB, Series 1998-B-1, NATL, 0% 12/1/2031  | 1125 | 897 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), CAB, Series 1999-A, NATL, 0% 12/1/2031  | 920 | 734 |
| City of Chicago, Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2020-A, 4.00% 12/1/2050  | 100 | 90 |
| City of Chicago, Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2017, 5.00% 12/1/2051  | 2395 | 2401 |
| City of Chicago, Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2020-A, 4.00% 12/1/2055  | 330 | 282 |
| City of Chicago, Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2022-A, 5.00% 12/1/2057  | 1035 | 1044 |
| City of Chicago, Transit Auth., Sales Tax Receipts Rev. Ref. Bonds, Series 2024-A, 5.00% 12/1/2049  | 490 | 508 |
| City of Chicago, Wastewater Transmission Rev. Bonds, Series 2017-A, 5.00% 1/1/2037  | 2000 | 2034 |
| City of Chicago, Wastewater Transmission Rev. Bonds, Series 2023-B, AGI, 5.25% 1/1/2048  | 1000 | 1031 |
| City of Chicago, Wastewater Transmission Rev. Project Bonds, Series 2023-A, AGI, 5.25% 1/1/2058  | 205 | 213 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2017-A, AGI, 4.00% 1/1/2052  | 50 | 44 |
| City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 11/1/2029  | 110 | 112 |
| City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 11/1/2030  | 75 | 76 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017-2, AGI, 5.00% 11/1/2035  | 1250 | 1284 |

---

---

| | |
|:---|:---|
| **137** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Counties of Cook, DuPage, Kane, Lake, McHenry and Will, Regional Transportation Auth., GO Bonds, Series 2004-A, <br> AGI, 5.75% 6/1/2034  | USD<br> 195<br>| $224 |
| County of Cook, Community College Dist. No. 508 (City Colleges of Chicago), Unlimited Tax GO Bonds, Series 2017, <br> BAM, 5.00% 12/1/2047  | 520 | 522 |
| County of DuPage, Special Service Area No. 31 (Monarch Landing Project), Special Tax Bonds, Series 2006, 5.625% <br> 3/1/2036  | 361 | 361 |
| Fin. Auth., Charter School Rev. Ref. and Improvement Rev. Bonds (Chicago International Charter School Project), Series <br> 2017, 5.00% 12/1/2037  | 225 | 228 |
| Fin. Auth., Charter School Rev. Ref. and Improvement Rev. Bonds (Chicago International Charter School Project), Series <br> 2017, 5.00% 12/1/2047  | 615 | 598 |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2025-A, 5.00% 7/1/2032  | 10 | 11 |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2021-A, AMT, 2.25% 7/1/2033  | 25 | 22 |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2025-A, 5.00% 7/1/2033  | 15 | 16 |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2025-A, 4.25% 7/1/2041  | 35 | 36 |
| Fin. Auth., Rev. Bonds (Ascension Health Alliance), Series 2016-C, 4.00% 2/15/2041 (preref. 2/15/2027)  | 5 | 5 |
| Fin. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2016-C, 5.00% 2/15/2034 (preref. 2/15/2027)  | 25 | 26 |
| Fin. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2016-C, 5.00% 2/15/2036 (preref. 2/15/2027)  | 25 | 26 |
| Fin. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2016-C, 4.00% 2/15/2041 (preref. 2/15/2027)  | 390 | 396 |
| Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 10/1/2041  | 115 | 116 |
| Fin. Auth., Rev. Bonds (Edward-Elmhurst Healthcare), Series 2017-A, 5.00% 1/1/2035 (preref. 1/1/2027)  | 415 | 425 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2034  | 405 | 409 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 4.00% 12/1/2035  | 170 | 171 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2040  | 4655 | 4699 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2046  | 4625 | 4669 |
| Fin. Auth., Rev. Bonds (Northshore University Healthsystem), Series 2020-A, 3.25% 8/15/2049  | 415 | 330 |
| Fin. Auth., Rev. Bonds (OSF Healthcare System), Series 2015-A, 4.125% 11/15/2037  | 135 | 134 |
| Fin. Auth., Rev. Bonds (OSF Healthcare System), Series 2020-A, 3.00% 5/15/2050  | 280 | 198 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 5/1/2026  | 115 | 116 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 11/1/2026  | 390 | 395 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 11/1/2028  | 250 | 253 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 11/1/2030  | 165 | 167 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 11/1/2031  | 180 | 182 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2021-A, 4.00% 5/1/2035  | 160 | 161 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2021-A, 4.00% 5/1/2040  | 50 | 48 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2021-A, 4.00% 5/1/2050  | 400 | 337 |
| Fin. Auth., Rev. Bonds (Presence Health Network), Series 2016-C, 3.75% 2/15/2034 (preref. 2/15/2027)  | 30 | 30 |
| Fin. Auth., Rev. Bonds (Presence Health Network), Series 2016-C, 4.00% 2/15/2041 (preref. 2/15/2027)  | 10 | 10 |
| Fin. Auth., Rev. Bonds (Rosalind Franklin University Research Building Project), Series 2017-C, 5.00% 8/1/2046  | 190 | 186 |
| Fin. Auth., Rev. Bonds (Rosalind Franklin University Research Building Project), Series 2017-C, 5.00% 8/1/2049  | 205 | 198 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 3.00% 8/15/2048  | 150 | 115 |
| Fin. Auth., Rev. Bonds (The Moorings of Arlington Heights), Series 2025, 5.375% 11/1/2046  | 275 | 276 |
| Fin. Auth., Rev. Bonds (The Moorings of Arlington Heights), Series 2025, 5.375% 11/1/2050  | 360 | 360 |
| Fin. Auth., Rev. Bonds (The Moorings of Arlington Heights), Series 2025, 5.375% 11/1/2055  | 400 | 400 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-A, 5.00% 7/1/2044  | 20 | 22 |
| Fin. Auth., Rev. Ref. Bonds (Anne & Robert H. Lurie Children's Hospital), Series 2017, 5.00% 8/15/2034  | 110 | 113 |
| Fin. Auth., Rev. Ref. Bonds (Benedictine University), Series 2021, 5.00% 10/1/2028  | 115 | 114 |
| Fin. Auth., Rev. Ref. Bonds (Benedictine University), Series 2017, 5.00% 10/1/2030  | 205 | 200 |
| Fin. Auth., Rev. Ref. Bonds (Benedictine University), Series 2021, 4.00% 10/1/2032  | 125 | 113 |
| Fin. Auth., Rev. Ref. Bonds (Benedictine University), Series 2017, 5.00% 10/1/2033  | 335 | 319 |
| Fin. Auth., Rev. Ref. Bonds (Benedictine University), Series 2021, 4.00% 10/1/2038  | 35 | 29 |
| Fin. Auth., Rev. Ref. Bonds (Benedictine University), Series 2017, 5.00% 10/1/2038  | 895 | 808 |
| Fin. Auth., Rev. Ref. Bonds (Dominican University), Series 2022, 5.00% 3/1/2047  | 120 | 111 |
| Fin. Auth., Rev. Ref. Bonds (Dominican University), Series 2022, 5.00% 3/1/2052  | 120 | 108 |
| Fin. Auth., Rev. Ref. Bonds (Northwestern Memorial Healthcare), Series 2021-A, 4.00% 7/15/2039  | 90 | 90 |
| Fin. Auth., Rev. Ref. Bonds (Northwestern Memorial Healthcare), Series 2021-A, 3.00% 7/15/2040  | 550 | 488 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2035  | 285 | 285 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2045  | 325 | 325 |
| Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2025, 5.00% 8/15/2041  | 670 | 722 |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2030  | 405 | 404 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **138** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2037  | USD<br> 865<br>| $811 |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2023, AMT, 4.60% 10/1/2053 <br> (put 10/1/2026)  | 630 | 632 |
| Fin. Auth., Solid Waste Disposal Rev. Green Bonds (LRS Holdings, LLC Project), Series 2023-A, AMT, 7.25% 9/1/2052 <br> (put 9/1/2030) <sup>(a)</sup>  | 1705 | 1861 |
| Fin. Auth., Student Housing and Academic Fac. Rev. Bonds (CHF-Chicago, LLC - University of Illinois at Chicago <br> Project), Series 2017-A, 5.00% 2/15/2047  | 575 | 553 |
| Fin. Auth., Student Housing and Academic Fac. Rev. Bonds (CHF-Chicago, LLC - University of Illinois at Chicago <br> Project), Series 2017-A, 5.00% 2/15/2050  | 485 | 460 |
| GO Bonds, Series 2021-B, 4.00% 1/1/2030 <sup>(a)</sup>  | 234 | 235 |
| GO Bonds, Series 2018-A, 5.00% 5/1/2032  | 2335 | 2435 |
| GO Bonds, Series 2021-B, 4.00% 1/1/2035 <sup>(a)</sup>  | 37 | 36 |
| GO Bonds, Series 2016, 4.00% 6/1/2036  | 250 | 250 |
| GO Bonds, Series 2019-C, 4.00% 11/1/2040  | 500 | 483 |
| GO Bonds, Series 2021-B, 3.00% 12/1/2040  | 760 | 632 |
| GO Bonds, Series 2021-B, 3.00% 12/1/2041  | 655 | 531 |
| GO Bonds, Series 2022-A, 5.50% 3/1/2042  | 290 | 312 |
| GO Bonds, Series 2019-C, 4.00% 11/1/2042  | 225 | 213 |
| GO Bonds, Series 2019-C, 4.00% 11/1/2044  | 205 | 188 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2045  | 500 | 523 |
| GO Bonds, Series 2020-C, 4.25% 10/1/2045  | 60 | 57 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2047  | 85 | 88 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2048  | 125 | 129 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2049  | 110 | 113 |
| GO Rev. Ref. Bonds, Series 2016, AGI, 4.00% 2/1/2030  | 5 | 5 |
| Housing Dev. Auth., Homeowner Mortgage Rev. Bonds, Series 2016-B, AMT, 3.50% 8/1/2046  | 10 | 10 |
| Housing Dev. Auth., Housing Rev. Green Bonds, Series 2021-B, 3.00% 4/1/2051  | 375 | 369 |
| Housing Dev. Auth., Rev. Bonds, Series 2019-A, 4.25% 10/1/2049  | 15 | 15 |
| Housing Dev. Auth., Rev. Bonds, Series 2021-A, 3.00% 4/1/2051  | 70 | 69 |
| Housing Dev. Auth., Rev. Bonds, Series 2021-D, 3.00% 10/1/2051  | 230 | 227 |
| Housing Dev. Auth., Rev. Bonds, Series 2022-A, 3.50% 4/1/2052  | 275 | 274 |
| Housing Dev. Auth., Rev. Bonds, Series 2023-K, 6.25% 10/1/2053  | 2945 | 3275 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-A, 6.00% 10/1/2054  | 490 | 531 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-I, 6.00% 10/1/2055  | 140 | 155 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-E, 6.25% 10/1/2055  | 180 | 197 |
| Housing Dev. Auth., Rev. Bonds, Series 2025-G, 6.25% 4/1/2056  | 510 | 582 |
| Housing Dev. Auth., Rev. Social Bonds, Series 2024-C, 6.25% 10/1/2054  | 495 | 553 |
| Housing Dev. Auth., Rev. Social Bonds, Series 2025-A, 6.25% 10/1/2055  | 500 | 564 |
| Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2018-B, AGI, 5.00% 4/1/2026  | 75 | 75 |
| Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2018-B, AGI, 5.00% 4/1/2031  | 85 | 89 |
| Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2018-A, AGI, 5.00% 4/1/2035  | 90 | 93 |
| Village of Lincolnshire, Special Service Area No. 1 (Sedgebrook Project), Special Tax Bonds, Series 2004, 6.25% <br> 3/1/2034  | 143 | 143 |
| Metropolitan Pier and Exposition Auth., Dedicated State Tax Rev. Bonds, CAB, Series 1994, BAM, 0% 6/15/2028  | 110 | 102 |
| Metropolitan Pier and Exposition Auth., Dedicated State Tax Rev. Bonds, CAB, Series 2002-A, NATL, 0% 6/15/2030 <br> (escrowed to maturity)  | 15 | 13 |
| Metropolitan Pier and Exposition Auth., Dedicated State Tax Rev. Bonds, CAB, Series 2002-A, NATL, 0% 6/15/2037  | 335 | 216 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 1994, NATL, 0% <br> 6/15/2028  | 260 | 241 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 12/15/2032  | 755 | 598 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 6/15/2033  | 390 | 303 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 12/15/2033  | 1200 | 913 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 6/15/2034  | 110 | 82 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 12/15/2034  | 1660 | 1212 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 12/15/2035  | 125 | 87 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 6/15/2036  | 250 | 170 |

---

---

| | |
|:---|:---|
| **139** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 6/15/2038  | USD<br> 580<br>| $355 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 12/15/2039  | 420 | 239 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2012-B, 0% <br> 12/15/2051  | 735 | 201 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2015-A, AGI, 0% <br> 12/15/2052  | 225 | 61 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, Series 2020-B, 5.00% <br> 6/15/2042  | 1375 | 1406 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, Series 2015-A, 5.00% <br> 6/15/2053  | 220 | 219 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, CAB, Series 2012-B, AGI, 0% <br> 12/15/2051  | 860 | 244 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2015-B, 5.00% <br> 12/15/2040  | 95 | 95 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2022-A, 4.00% <br> 12/15/2042  | 1055 | 1007 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2022-A, 4.00% <br> 12/15/2047  | 255 | 226 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2020-A, 4.00% <br> 6/15/2050  | 1380 | 1201 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2020-A, 5.00% <br> 6/15/2050  | 4795 | 4778 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2022-A, 4.00% <br> 6/15/2052  | 1245 | 1072 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 6/15/2053  | 130 | 130 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2017-A, 5.00% <br> 6/15/2057  | 2240 | 2213 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2002-A, <br> NATL, 0% 12/15/2031  | 865 | 711 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 12/15/2036  | 1000 | 663 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 6/15/2037  | 150 | 97 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 12/15/2037  | 255 | 160 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 6/15/2039  | 395 | 231 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 12/15/2039  | 195 | 111 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 6/15/2040  | 180 | 99 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 12/15/2040  | 645 | 347 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 12/15/2041  | 185 | 94 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> AGI, 0% 6/15/2043  | 815 | 377 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> AGI, 0% 6/15/2044  | 880 | 383 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> AGI, 0% 6/15/2046  | 220 | 84 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2012-B, <br> BAM, 0% 12/15/2051  | 1600 | 455 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2017-B, <br> BAM, 0% 12/15/2054  | 4440 | 1082 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2017-A, AGI, <br> 0% 12/15/2056  | 3800 | 835 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2017-A, 0% <br> 12/15/2056  | 245 | 51 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **140** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Bonds, Series 2021, BAM, 4.00% <br> 10/1/2043  | USD<br> 60<br>| $56 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 5.00% <br> 4/1/2033  | 350 | 373 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 4.00% <br> 4/1/2035  | 125 | 127 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 4.00% <br> 4/1/2036  | 255 | 258 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 4.00% <br> 4/1/2037  | 195 | 196 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 4.00% <br> 4/1/2038  | 280 | 281 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 4.00% <br> 4/1/2039  | 295 | 295 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2021, BAM, 4.00% <br> 10/1/2039  | 45 | 45 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 4.00% <br> 4/1/2040  | 270 | 266 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM, 4.00% <br> 4/1/2041  | 370 | 364 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2021, BAM, 4.00% <br> 10/1/2041  | 40 | 39 |
| Sales Tax Securitization Corp., Sales Tax Securitization Bonds, Series 2020-A, 4.00% 1/1/2038  | 220 | 221 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2037  | 195 | 215 |
| Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, CAB, Series 1999-A, <br> NATL, 0% 4/1/2029  | 155 | 136 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2019, 5.00% 6/15/2028  | 110 | 113 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2019, 5.00% 6/15/2029  | 220 | 230 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2014, AGI, 5.25% 6/15/2030  | 665 | 676 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2014, AGI, 5.25% 6/15/2031  | 285 | 290 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2014, AGI, 5.25% 6/15/2032  | 155 | 157 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), CAB, Series 2001, AMBAC, 0% 6/15/2026  | 110 | 108 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2019-A, 5.00% 1/1/2044  | 165 | 170 |
| Board of Trustees of the University of Illinois, Auxiliary Facs. System Rev. Ref. Bonds, Series 2016-A, 4.00% 4/1/2034  | 255 | 255 |
| Village of Volo, Special Service Area No. 17, Special Tax Bonds, Series 2017, 5.50% 3/1/2047  | 161 | 161 |
| Village of Volo, Special Service Areas Nos. 3 and 6 (Symphony Meadows / Lancaster Falls Projects), Special Tax Rev. <br> Ref. Bonds, Series 2016, AGI, 3.125% 3/1/2027  | 125 | 125 |
| Village of Volo, Special Service Areas Nos. 3 and 6 (Symphony Meadows / Lancaster Falls Projects), Special Tax Rev. <br> Ref. Bonds, Series 2016, AGI, 5.00% 3/1/2034  | 548 | 550 |
| Village of Volo, Special Service Areas Nos. 3 and 6 (Symphony Meadows / Lancaster Falls Projects), Special Tax Rev. <br> Ref. Bonds, Series 2016, AGI, 4.00% 3/1/2036  | 165 | 165 |
| United City of Yorkville, Special Service Area Nos. 2005-108 and 2005-109, Special Tax Rev. Ref. Bonds, Series 2016, <br> AGI, 5.00% 3/1/2032  | 470 | 471 |
| United City of Yorkville, Special Service Area Nos. 2005-108 and 2005-109, Special Tax Rev. Ref. Bonds, Series 2016, <br> AGI, 4.00% 3/1/2036  | 860 | 861 |
|  |  | 156824 |
| **Indiana 1.26%** | **Indiana 1.26%** | **Indiana 1.26%** |
| Fin. Auth., Educational Facs. Rev. Bonds (Seven Oaks Classical School Project), Series 2021-A, 5.00% 6/1/2041  | 225 | 209 |
| Fin. Auth., Educational Facs. Rev. Bonds (Seven Oaks Classical School Project), Series 2021-A, 5.00% 6/1/2056  | 395 | 325 |
| Fin. Auth., Environmental Facs. Rev. Ref. Bonds (Indianapolis Power & Light Co. Project), Series 2021-A, 1.40% 8/1/2029  | 220 | 202 |
| Fin. Auth., Environmental Improvement Rev. Bonds (U.S. Steel Corp. Project), Series 2020-A, AMT, 6.75% 5/1/2039  | 1735 | 1942 |
| Fin. Auth., Environmental Improvement Rev. Ref. Bonds (U.S. Steel Corp. Project), Series 2021-A, 4.125% 12/1/2026  | 805 | 806 |
| Fin. Auth., Health Facs. Rev. Bonds (Good Samaritan Hospital Project), Series 2016-A, 5.50% 4/1/2041  | 220 | 221 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-C, 5.25% 10/1/2044  | 315 | 343 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-D-3, 5.00% 10/1/2059 (put 10/1/2033)  | 180 | 203 |
| Fin. Auth., Hospital Rev. Bonds (Goshen Health), Series 2019-A, 4.00% 11/1/2043  | 220 | 189 |
| Fin. Auth., Hospital Rev. Bonds (Marion General Hospital), Series 2020-A, 4.00% 7/1/2050  | 4645 | 4017 |
| Fin. Auth., Hospital Rev. Ref. Bonds (Methodist Hospitals, Inc.), Series 2024-A, 5.50% 9/15/2039  | 720 | 774 |
| Fin. Auth., Hospital Rev. Ref. Bonds (Methodist Hospitals, Inc.), Series 2024-A, 5.50% 9/15/2044  | 1490 | 1525 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-B, 3.00% 11/1/2030  | 3900 | 3816 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 4.25% 11/1/2030  | 725 | 745 |

---

---

| | |
|:---|:---|
| **141** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Indiana (continued)** | **Indiana (continued)** | **Indiana (continued)** |
| Fin. Auth., Pollution Control Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2010-B, 2.50% 11/1/2030  | USD<br> 1,195<br>| $1146 |
| Fin. Auth., Pollution Control Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2010-A, 3.00% 11/1/2030  | 450 | 442 |
| Fin. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2025-A-1, 5.00% 11/15/2043  | 140 | 150 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2033  | 265 | 273 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2038  | 265 | 269 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2043  | 2260 | 2268 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2016-A, 5.25% 11/15/2046  | 1000 | 1001 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2048  | 500 | 486 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2053  | 250 | 239 |
| Fin. Auth., Rev. Bonds (Greencroft Obligated Group), Series 2021-A, 4.00% 11/15/2043  | 580 | 508 |
| Fin. Auth., Rev. Bonds (Greencroft Obligated Group), Series 2021-A, 4.00% 11/15/2051  | 1580 | 1258 |
| Fin. Auth., Rev. Ref. Bonds (BHI Senior Living Obligated Group), Series 2021-A, 4.00% 11/15/2041  | 1535 | 1433 |
| Fin. Auth., Rev. Ref. Bonds (Greencroft Obligated Group), Series 2023-A, 4.00% 11/15/2037  | 1075 | 1041 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2020-A, 3.75% 1/1/2049  | 30 | 30 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2021-B, 3.00% 7/1/2050  | 55 | 54 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 5.00% <br> 6/1/2028  | 145 | 150 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 5.00% <br> 6/1/2029  | 90 | 94 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2022-1A, AMT, 5.00% <br> 6/1/2030  | 40 | 42 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2022-1A, AMT, 5.00% <br> 6/1/2031  | 40 | 42 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 4.00% <br> 6/1/2046  | 60 | 58 |
| City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 4.50% 1/1/2034 <sup>(a)</sup>  | 130 | 133 |
| City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 4.875% 1/1/2044 <sup>(a)</sup>  | 285 | 286 |
| City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 5.00% 1/1/2054 <sup>(a)</sup>  | 915 | 891 |
| City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2008, 4.20% <br> 6/1/2044 (put 6/2/2035)  | 765 | 805 |
| City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2021, AMT, 3.00% <br> 11/1/2051  | 3670 | 2649 |
| City of Whiting, Environmental Facs. Rev. Ref. Bonds (BP Products North America, Inc. Project), Series 2019-A, AMT, <br> 5.00% 12/1/2044 (put 6/15/2026)  | 135 | 136 |
|  |  | 31201 |
| **Iowa 0.74%** | **Iowa 0.74%** | **Iowa 0.74%** |
| Fin. Auth., Midwestern Disaster Area Rev. Bonds (Alcoa Inc. Project), Series 2012, 4.75% 8/1/2042  | 1335 | 1335 |
| Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2022, 5.00% 12/1/2050 (put <br> 12/1/2042)  | 1050 | 1208 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2024-A, 5.00% 5/15/2049  | 365 | 340 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2021-A, 4.00% 5/15/2053  | 225 | 173 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2023-B, 7.50% 5/15/2053  | 410 | 453 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2019-A-1, 5.00% 5/15/2055  | 160 | 147 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2024-A, 5.125% 5/15/2059  | 680 | 630 |
| Fin. Auth., Rev. Bonds (Wesley Retirement Services, Inc.), Series 2025-BC, 6.00% 12/1/2055  | 3380 | 3396 |
| Fin. Auth., Senior Housing Rev. Bonds (Northcrest, Inc. Project), Series 2018-A, 5.00% 3/1/2028  | 25 | 25 |
| Fin. Auth., Senior Housing Rev. Bonds (Northcrest, Inc. Project), Series 2018-A, 5.00% 3/1/2033  | 110 | 111 |
| Fin. Auth., Senior Housing Rev. Bonds (Northcrest, Inc. Project), Series 2018-A, 5.00% 3/1/2038  | 125 | 126 |
| Fin. Auth., Single Family Mortgage Bonds (Mortgage-Backed Securities Program), Series 2021-B, 3.00% 7/1/2051  | 100 | 99 |
| Fin. Auth., Single Family Mortgage Bonds (Mortgage-Backed Securities Program), Series 2022-D, 4.00% 7/1/2052  | 500 | 505 |
| PEFA, Inc., Gas Project Rev. Bonds, Series 2019, 5.00% 9/1/2049 (put 9/1/2026)  | 245 | 247 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2023-B, AMT, 5.00% 12/1/2028  | 20 | 21 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2031  | 70 | 75 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2032  | 65 | 70 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2033  | 100 | 108 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2034  | 115 | 124 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2019-B, AMT, 3.00% 12/1/2039  | 155 | 151 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2019-C, AMT, 3.50% 12/1/2044  | 1260 | 999 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2025-B, AMT, 4.50% 12/1/2045  | 245 | 253 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **142** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Iowa (continued)** | **Iowa (continued)** | **Iowa (continued)** |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-C, AMT, 5.00% 12/1/2054  | USD<br> 500<br>| $480 |
| Tobacco Settlement Auth., Tobacco Settlement Asset-Backed Bonds, CAB, Series 2021-B-2, 0% 6/1/2065  | 49530 | 7099 |
| Board of Regents of the University of Iowa, Hospital Rev. Bonds (University of Iowa Hospitals and Clinics), Series <br> 2022-B, 3.00% 9/1/2056  | 440 | 314 |
|  |  | 18489 |
| **Kansas 0.49%** | **Kansas 0.49%** | **Kansas 0.49%** |
| City of Hitchinson, Health Care Facs. Rev. Ref. Bonds (Wesley Towers, Inc.), Series 2016-A, 4.00% 11/1/2031  | 30 | 28 |
| City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2018-A, 5.00% 5/15/2027  | 85 | 86 |
| City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2018-A, 5.00% 5/15/2029  | 135 | 137 |
| City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2018-A, 5.00% 5/15/2031  | 150 | 152 |
| City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2018-A, 5.00% 5/15/2032  | 30 | 31 |
| City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2018-A, 5.00% 5/15/2039  | 760 | 764 |
| City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2017-A, 5.00% 5/15/2043  | 460 | 457 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2021-A, 4.00% 6/1/2028  | 35 | 35 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2021-A, 4.00% 6/1/2036  | 535 | 515 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2021-A, 4.00% 6/1/2046  | 590 | 491 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2022-A, 3.60% 6/1/2047  | 240 | 184 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2022-A, 4.00% 6/1/2052  | 695 | 551 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2025-A, 5.50% 6/1/2055  | 325 | 326 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2025-A, 5.50% 6/1/2060  | 1070 | 1064 |
| City of Overland Park, Special Obligation Sales Tax Rev. Bonds (Bluhawk Star Bond Project), Series 2022-A, 6.00% <br> 11/15/2034 <sup>(a)</sup>  | 290 | 305 |
| City of Wichita, Multi Family Housing Rev. Bonds (Market Centre Apartments), Series 2025-4, 3.15% 2/1/2030 (put <br> 2/1/2029)  | 360 | 361 |
| Unified Government of Wyandotte County, Special Obligation Improvement Rev. Ref. Bonds (Wyandotte Plaza Redev. <br> Project), Series 2016, 5.00% 12/1/2034  | 245 | 241 |
| Unified Government of Wyandotte County, Special Obligation Rev. Bonds (Vacation Village Project Area 1 and 2A), <br> Series 2015-A, 5.75% 9/1/2032  | 590 | 567 |
| Unified Government of Wyandotte County, Special Obligation Rev. Bonds (Village East Project Area Nos. 2B, 3 and 5), <br> Series 2022, 5.25% 9/1/2035 <sup>(a)</sup>  | 2775 | 2799 |
| Unified Government of Wyandotte County, Special Obligation Rev. Bonds (Village East Project Area Nos. 2B, 3 and 5), <br> Series 2022, 5.75% 9/1/2039 <sup>(a)</sup>  | 2940 | 2992 |
|  |  | 12086 |
| **Kentucky 0.73%** | **Kentucky 0.73%** | **Kentucky 0.73%** |
| City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), Series <br> 2016-A, 5.00% 2/1/2028  | 135 | 135 |
| City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), Series <br> 2016-A, 5.00% 2/1/2030  | 180 | 180 |
| City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), Series <br> 2016-A, 4.00% 2/1/2032  | 55 | 55 |
| City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), Series <br> 2016-A, 4.00% 2/1/2036  | 310 | 310 |
| City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), Series <br> 2016-A, 5.00% 2/1/2040  | 235 | 235 |
| City of Ashland, Medical Center Rev. Ref. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), <br> Series 2019, 5.00% 2/1/2032  | 100 | 107 |
| City of Ashland, Medical Center Rev. Ref. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), <br> Series 2019, 4.00% 2/1/2034  | 110 | 110 |
| City of Ashland, Medical Center Rev. Ref. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), <br> Series 2019, 4.00% 2/1/2036  | 40 | 40 |
| City of Ashland, Medical Center Rev. Ref. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), <br> Series 2019, 4.00% 2/1/2037  | 85 | 84 |
| County of Carroll, Environmental Facs. Rev. Bonds, Series 2008-A, 2.00% 2/1/2032  | 445 | 400 |
| County of Carroll, Environmental Facs. Rev. Ref. Bonds, Series 2006-B, AMT, 2.125% 10/1/2034  | 220 | 189 |
| Econ. Dev. Fin. Auth., Health System Rev. Bonds (Norton Healthcare, Inc.), CAB, Series 2000-B, NATL, 0% 10/1/2026  | 515 | 500 |
| Econ. Dev. Fin. Auth., Health System Rev. Bonds (Norton Healthcare, Inc.), CAB, Series 2000-B, NATL, 0% 10/1/2027  | 400 | 374 |
| Econ. Dev. Fin. Auth., Healthcare Facs. Rev. and Rev. Ref. Bonds (Rosedale Green Project), Series 2015, 5.50% <br> 11/15/2035  | 65 | 64 |

---

---

| | |
|:---|:---|
| **143** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Kentucky (continued)** | **Kentucky (continued)** | **Kentucky (continued)** |
| Econ. Dev. Fin. Auth., Healthcare Facs. Rev. and Rev. Ref. Bonds (Rosedale Green Project), Series 2015, 5.75% <br> 11/15/2045  | USD<br> 510<br>| $454 |
| Econ. Dev. Fin. Auth., Healthcare Facs. Rev. and Rev. Ref. Bonds (Rosedale Green Project), Series 2015, 5.75% <br> 11/15/2050  | 170 | 146 |
| Econ. Dev. Fin. Auth., Hospital Rev. Bonds (Baptist Healthcare System Obligated Group), Series 2017-B, 5.00% <br> 8/15/2041  | 430 | 438 |
| Econ. Dev. Fin. Auth., Louisville Arena Project Rev. Ref. Bonds (Louisville Arena Auth., Inc.), Series 2017-A, AGI, 5.00% <br> 12/1/2045  | 665 | 672 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 3.70% 1/1/2032 <sup>(a)</sup>  | 1500 | 1500 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-A, AMT, 4.45% 1/1/2042 <sup>(a)</sup>  | 440 | 432 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 4.45% 1/1/2042 <sup>(a)</sup>  | 130 | 128 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-A, AMT, 4.70% 1/1/2052 <sup>(a)</sup>  | 2735 | 2557 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 4.70% 1/1/2052 <sup>(a)</sup>  | 570 | 533 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 5.00% 6/1/2034  | 220 | 232 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 5.00% 6/1/2035  | 250 | 263 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2023-A-1, AMT, 4.00% 6/1/2037  | 1000 | 990 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 4.75% 6/1/2040  | 370 | 380 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.25% 7/1/2054  | 165 | 183 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-C, 6.25% 1/1/2055  | 105 | 114 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-E, 6.25% 7/1/2055  | 105 | 115 |
| Kentucky State University, Certs. of Part. (Kentucky State University Project), Series 2021, BAM, 4.00% 11/1/2041  | 85 | 86 |
| Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, <br> 5.00% 10/1/2029  | 280 | 284 |
| Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, <br> 5.00% 10/1/2033  | 1220 | 1235 |
| Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2020-A, <br> 3.00% 10/1/2043  | 50 | 40 |
| Louisville/Jefferson Metro County Government, Hospital Rev. Bonds (UofL Health Project), Series 2022-A, 5.00% <br> 5/15/2052  | 705 | 696 |
| Louisville/Jefferson Metro County Government, Pollution Control Rev. Bonds (Louisville Gas and Electric Co. Project), <br> Series 2003-A, 2.00% 10/1/2033  | 130 | 114 |
| City of Paducah, Electric Plant Board, Rev. Ref. Bonds, Series 2016-A, AGI, 5.00% 10/1/2035  | 165 | 167 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2022-A-1, 4.00% 8/1/2052 (put 8/1/2030)  | 175 | 177 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2024-A-1, 5.00% 5/1/2055 (put 7/1/2030)  | 115 | 121 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2023-A-1, 5.25% 4/1/2054 (put 2/1/2032)  | 900 | 973 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2055 (put 8/1/2032)  | 450 | 484 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2025-A, 5.25% 6/1/2055 (put 12/1/2029)  | 1395 | 1476 |
| Public Transportation Infrastructure Auth., Toll Rev. Ref. Bonds, Series 2021-B, AGI, 4.00% 7/1/2049 <sup>(a)</sup>  | 90 | 85 |
| Public Transportation Infrastructure Auth., Toll Rev. Ref. Bonds, Series 2021-B, AGI, 4.00% 7/1/2053 <sup>(a)</sup>  | 205 | 188 |
|  |  | 18046 |
| **Louisiana 1.19%** | **Louisiana 1.19%** | **Louisiana 1.19%** |
| Aviation Board, General Airport Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 1/1/2034  | 80 | 89 |
| Parish of Calcasieu, Memorial Hospital Service Dist., Hospital Rev. Ref. Bonds (Lake Charles Memorial Hospital Project), <br> Series 2019, 5.00% 12/1/2034  | 140 | 142 |
| Parish of Calcasieu, Memorial Hospital Service Dist., Hospital Rev. Ref. Bonds (Lake Charles Memorial Hospital Project), <br> Series 2019, 5.00% 12/1/2039  | 1635 | 1597 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Christwood Project), Series 2024, <br> 4.25% 11/15/2030 <sup>(a)</sup>  | 100 | 101 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Christwood Project), Series 2024, <br> 5.00% 11/15/2037 <sup>(a)</sup>  | 195 | 202 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Projects), <br> Series 2021-B, 2.50% 4/1/2036  | 6565 | 5637 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Ragin' Cajun Facs., Inc. Project), <br> Series 2017, AGI, 5.00% 10/1/2039  | 115 | 117 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Westlake Chemical Corp. <br> Projects), Series 2017, 3.50% 11/1/2032  | 1895 | 1881 |
| Public Facs. Auth., Lease Rev. Bonds (Provident Group - Flagship Properties, LLC - Louisiana State University <br> Greenhouse Dist. Phase II Project), Series 2017, 5.00% 7/1/2052  | 85 | 85 |
| Public Facs. Auth., Lease Rev. Bonds (Provident Group - Flagship Properties, LLC - Louisiana State University <br> Greenhouse Dist. Phase III Project), Series 2019-A, 5.00% 7/1/2059  | 835 | 831 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **144** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Louisiana (continued)** | **Louisiana (continued)** | **Louisiana (continued)** |
| Public Facs. Auth., Lease Rev. Bonds (Provident Group - Flagship Properties, LLC - Louisiana State University Nicholson <br> Gateway Project), Series 2016-A, 5.00% 7/1/2051  | USD<br> 590<br>| $589 |
| Public Facs. Auth., Lease Rev. Bonds (Provident Group - Flagship Properties, LLC - Louisiana State University Nicholson <br> Gateway Project), Series 2016-A, 5.00% 7/1/2056  | 115 | 115 |
| Public Facs. Auth., Lease Rev. Bonds (South Quad L3C - Louisiana State University South Quad Phase IV Project), Series <br> 2025, AGI, 5.25% 7/1/2055  | 665 | 695 |
| Public Facs. Auth., Lease Rev. Bonds (South Quad L3C - Louisiana State University South Quad Phase IV Project), Series <br> 2025, AGI, 4.75% 7/1/2065  | 2000 | 1949 |
| Public Facs. Auth., Rev. Bonds (BBR Schools - Mid City Campus Project), Series 2021-A, 4.00% 6/1/2041 <sup>(a)</sup>  | 305 | 255 |
| Public Facs. Auth., Rev. Bonds (BBR Schools - Mid City Campus Project), Series 2021-C, 4.00% 6/1/2051 <sup>(a)</sup>  | 205 | 148 |
| Public Facs. Auth., Rev. Bonds (BBR Schools - Mid City Campus Project), Series 2021-A, 4.00% 6/1/2051 <sup>(a)</sup>  | 295 | 214 |
| Public Facs. Auth., Rev. Bonds (BBR Schools - Mid City Campus Project), Series 2021-A, 4.00% 6/1/2056 <sup>(a)</sup>  | 245 | 172 |
| Public Facs. Auth., Rev. Bonds (BBR Schools - Mid City Campus Project), Series 2021-C, 4.00% 6/1/2056 <sup>(a)</sup>  | 140 | 98 |
| Public Facs. Auth., Rev. Bonds (Provident Group - HSC Properties, Inc. - LSU Health Foundations, New Orleans Project), <br> Series 2006, 5.10% 1/1/2057 <sup>(a)</sup>  | 1385 | 1052 |
| Public Facs. Auth., Rev. Bonds, (I-10 Calcasieu River Bridge Public-Private Partnership Project), Series 2024, AMT, 5.50% <br> 9/1/2059  | 110 | 111 |
| Public Facs. Auth., Rev. Bonds, (I-10 Calcasieu River Bridge Public-Private Partnership Project), Series 2024, AMT, 5.75% <br> 9/1/2064  | 785 | 809 |
| Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 6.00% 6/15/2045 <sup>(a)</sup>  | 420 | 430 |
| Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 6.15% 6/15/2055 <sup>(a)</sup>  | 4410 | 4485 |
| Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 6.20% 6/15/2055 <sup>(a)</sup>  | 545 | 547 |
| Public Facs. Auth., Rev. Ref. Bonds (Lake Charles Academy Foundation Project), Series 2024-A, 5.00% 12/15/2034 <sup>(a)</sup>  | 155 | 159 |
| Public Facs. Auth., Rev. Ref. Bonds (Lake Charles Academy Foundation Project), Series 2024-A, 5.00% 12/15/2043 <sup>(a)</sup>  | 415 | 399 |
| Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2020-A, 3.00% 5/15/2047  | 200 | 151 |
| Public Facs. Auth., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2025, AMT, 4.375% 5/1/2053 <br> (put 10/2/2028) <sup>(a)</sup>  | 1740 | 1743 |
| Public Facs. Auth., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023-R-2, AMT, 6.50% <br> 10/1/2053 (put 10/1/2028) <sup>(a)</sup>  | 1080 | 1135 |
| Public Facs. Auth., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023, AMT, 6.75% 10/1/2053 <br> (put 10/1/2028) <sup>(a)</sup>  | 155 | 164 |
| Parish of St. James, Rev. Bonds (Nustar Logistics, LP Project), Series 2008, 6.10% 6/1/2038 (put 6/1/2030) <sup>(a)</sup>  | 450 | 496 |
| Parish of St. James, Rev. Bonds (Nustar Logistics, LP Project), Series 2010, 6.35% 7/1/2040 <sup>(a)</sup>  | 1000 | 1092 |
| Parish of St. James, Rev. Bonds (Nustar Logistics, LP Project), Series 2010-A, 6.35% 10/1/2040 <sup>(a)</sup>  | 215 | 235 |
| Parish of St. James, Rev. Bonds (Nustar Logistics, LP Project), Series 2010-B, 6.10% 12/1/2040 (put 6/1/2030) <sup>(a)</sup>  | 450 | 496 |
| Parish of St. James, Rev. Bonds (NuStar Logistics, LP Project), Series 2011, 3.70% 8/1/2041 (put 6/1/2030)  | 670 | 679 |
| Parish of St. John the Baptist, Rev. Ref. Bonds (Marathon Oil Corp. Project), Series 2017-B-2, 2.375% 6/1/2037 (put <br> 7/1/2026)  | 355 | 354 |
|  |  | 29454 |
| **Maine 0.07%** | **Maine 0.07%** | **Maine 0.07%** |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2024, AMT, 4.625% 12/1/2047 <br> (put 6/1/2035) <sup>(a)</sup>  | 840 | 847 |
| Fin. Auth., Student Loan Rev. Bonds, Series 2021-A-1, AGI, 5.00% 12/1/2026  | 10 | 10 |
| Fin. Auth., Student Loan Rev. Bonds, Series 2021-A-1, AGI, 5.00% 12/1/2027  | 15 | 15 |
| Fin. Auth., Student Loan Rev. Bonds, Series 2021-A-1, AGI, 5.00% 12/1/2028  | 15 | 16 |
| Fin. Auth., Student Loan Rev. Bonds, Series 2021-A-1, AGI, 5.00% 12/1/2029  | 15 | 16 |
| Fin. Auth., Student Loan Rev. Bonds, Series 2021-A-1, AGI, 5.00% 12/1/2030  | 25 | 27 |
| Fin. Auth., Student Loan Rev. Bonds (Supplemental Education Loan Program), Series 2025-A-1, AMT, AGI, 5.125% <br> 12/1/2041  | 135 | 136 |
| Fin. Auth., Student Loan Rev. Bonds (Supplemental Education Loan Program), Series 2025-A-1, AMT, AGI, 5.25% <br> 12/1/2043  | 125 | 126 |
| Fin. Auth., Student Loan Rev. Bonds (Supplemental Education Loan Program), Series 2025-A-1, AMT, AGI, 5.25% <br> 12/1/2044  | 140 | 141 |
| Fin. Auth., Student Loan Rev. Bonds (Supplemental Education Loan Program), Series 2025-A-1, AMT, AGI, 5.25% <br> 12/1/2045  | 110 | 111 |
| Fin. Auth., Student Loan Rev. Bonds (Supplemental Education Loan Program), Series 2025-A-1, AMT, AGI, 5.25% <br> 12/1/2046  | 90 | 91 |
| City of Portland, General Airport Rev. Ref. Bonds, Series 2016, 5.00% 1/1/2034  | 100 | 100 |
| City of Portland, General Airport Rev. Ref. Bonds, Series 2016, 5.00% 1/1/2035  | 100 | 100 |
|  |  | 1736 |

---

---

| | |
|:---|:---|
| **145** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Maryland 0.68%** | **Maryland 0.68%** | **Maryland 0.68%** |
| City of Baltimore, Stadium Auth., Build To Learn Rev. Bonds, Series 2024, 5.00% 6/1/2054  | USD<br> 210<br>| $217 |
| County of Baltimore, Rev. Bonds (Riderwood Village, Inc. Fac.), Series 2020, 4.00% 1/1/2050  | 445 | 391 |
| Mayor and City Council of Baltimore, Special Obligation Bonds (City-Wide Affordable Housing Program), Series 2025, <br> 5.00% 6/1/2045 <sup>(a)</sup>  | 825 | 820 |
| Mayor and City Council of Baltimore, Special Obligation Rev. Bonds, Series 2022, 5.00% 6/1/2051  | 1215 | 1215 |
| Mayor and City Council of Baltimore, Special Obligation Rev. Bonds (Harbor Point Project), Series 2019-B, 3.375% <br> 6/1/2029 <sup>(a)</sup>  | 235 | 232 |
| Mayor and City Council of Baltimore, Special Obligation Rev. Ref. Bonds, Series 2017-A, 4.50% 9/1/2033  | 455 | 458 |
| Mayor and City Council of Baltimore, Special Obligation Rev. Ref. Bonds, Series 2017-A, 5.00% 9/1/2038  | 190 | 192 |
| Mayor and Council of Brunswick, Special Obligation Rev. Ref. Bonds (Brunswick Crossing Special Taxing Dist.), Series <br> 2019, 4.00% 7/1/2029  | 85 | 85 |
| Mayor and Council of Brunswick, Special Obligation Rev. Ref. Bonds (Brunswick Crossing Special Taxing Dist.), Series <br> 2019, 5.00% 7/1/2036  | 315 | 321 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2019-C, 3.50% <br> 3/1/2050  | 25 | 25 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2021-C, 3.00% <br> 9/1/2051  | 260 | 256 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2023-E, 6.25% <br> 3/1/2054  | 110 | 119 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2024-C, 6.25% <br> 9/1/2055  | 775 | 869 |
| Econ. Dev. Corp., Econ. Dev. Rev. Bonds (Terminal Project), Series 2019-A, AMT, 5.00% 6/1/2044  | 80 | 81 |
| Econ. Dev. Corp., Econ. Dev. Rev. Bonds (Terminal Project), Series 2019-A, AMT, 5.00% 6/1/2049  | 140 | 141 |
| Econ. Dev. Corp., Econ. Dev. Rev. Ref. Bonds (Transportation Facs. Project), Series 2017-A, 5.00% 6/1/2029  | 205 | 214 |
| Econ. Dev. Corp., Econ. Dev. Rev. Ref. Bonds (Transportation Facs. Project), Series 2017-A, 5.00% 6/1/2032  | 110 | 114 |
| Econ. Dev. Corp., Port Facs. Rev. Ref. Bonds (Core Natural Resources, Inc. Project), Series 2025, 5.00% 7/1/2048 (put <br> 3/27/2035) <sup>(a)</sup>  | 1815 | 1902 |
| Econ. Dev. Corp., Special Obligation Bonds (Metro Centre at Owings Mills Project), Series 2017, 4.375% 7/1/2036  | 390 | 386 |
| Econ. Dev. Corp., Special Obligation Bonds (Metro Centre at Owings Mills Project), Series 2017, 4.50% 7/1/2044  | 850 | 798 |
| Econ. Dev. Corp., Student Housing Rev. Bonds (Bowie State University Project), Series 2020, 4.00% 7/1/2040  | 50 | 47 |
| Econ. Dev. Corp., Student Housing Rev. Bonds (Bowie State University Project), Series 2020, 4.00% 7/1/2050  | 165 | 136 |
| Econ. Dev. Corp., Student Housing Rev. Bonds (Morgan State University Harper-Tubman Project), Series 2025-A, 5.00% <br> 7/1/2045  | 220 | 229 |
| Econ. Dev. Corp., Student Housing Rev. Bonds (Morgan State University Harper-Tubman Project), Series 2025-A, AGI, <br> 5.00% 7/1/2060  | 235 | 239 |
| Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Frostburg State University Project), Series 2013, 5.00% 10/1/2033  | 110 | 110 |
| County of Frederick, Special Obligation Bonds (Urbana Community Dev. Auth.), Series 2020-C, 4.00% 7/1/2050 <sup>(a)</sup>  | 158 | 140 |
| County of Frederick, Tax Increment and Special Tax Obligation Rev. Ref. Bonds (Jefferson Technology Park Project), <br> Series 2020-B, 4.625% 7/1/2043 <sup>(a)</sup>  | 265 | 260 |
| City of Gaithersburg, Econ. Dev. Project Rev. Bonds (Asbury Maryland Obligated Group), Series 2022, 4.50% 1/1/2042  | 2060 | 2020 |
| City of Gaithersburg, Econ. Dev. Project Rev. Bonds (Asbury Maryland Obligated Group), Series 2022, 5.125% <br> 1/1/2042  | 370 | 377 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Broadmead Issue), Series 2018-A, 5.00% 7/1/2048  | 250 | 251 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Frederick Health System), Series 2020, 4.00% 7/1/2045  | 100 | 91 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Frederick Health System), Series 2020, 4.00% 7/1/2050  | 110 | 95 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, 5.25% <br> 6/1/2034  | 140 | 151 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, 5.50% <br> 6/1/2047  | 280 | 282 |
| County of Howard, Retirement Community Rev. Bonds (Vantage House Fac.), Series 2017, 5.00% 4/1/2044  | 57 | 53 |
| County of Howard, Special Obligation Bonds (Downtown Columbia), Series 2017-A, 4.375% 2/15/2039 <sup>(a)</sup>  | 265 | 263 |
| County of Howard, Special Obligation Bonds (Downtown Columbia), Series 2017-A, 4.50% 2/15/2047 <sup>(a)</sup>  | 1180 | 1100 |
| County of Prince George, Special Obligation Bonds (Hampton Park Project), Series 2019-A, 4.25% 7/1/2039 <sup>(a)</sup>  | 235 | 235 |
| County of Prince George, Special Obligation Bonds (Hampton Park Project), Series 2019-A, 4.375% 7/1/2048 <sup>(a)</sup>  | 635 | 592 |
| County of Prince George, Special Obligation Bonds (Suitland-Naylor Road Project), Series 2016, 5.00% 7/1/2046 <sup>(a)</sup>  | 190 | 190 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 4.00% 6/1/2051  | 205 | 195 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 4.00% 6/1/2052  | 205 | 194 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 4.00% 6/1/2053  | 570 | 539 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Green Bonds, Series 2025, 4.00% 6/1/2054  | 160 | 151 |
|  |  | 16776 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **146** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Massachusetts 0.74%** | **Massachusetts 0.74%** | **Massachusetts 0.74%** |
| Dev. Fin. Agcy., Rev. Bonds (Boston College Issue), Series 2025-W, 5.00% 7/1/2055  | USD<br> 4,760<br>| $4973 |
| Dev. Fin. Agcy., Rev. Bonds (Boston Medical Center Issue), Series 2023-G, 5.25% 7/1/2052  | 275 | 275 |
| Dev. Fin. Agcy., Rev. Bonds (Brown University Health Obligated Group Issue), Series 2025-A, 5.50% 8/15/2050  | 250 | 259 |
| Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Issue), Series 2018, 5.00% 11/15/2028 <sup>(a)</sup>  | 105 | 108 |
| Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Issue), Series 2018, 5.00% 11/15/2033 <sup>(a)</sup>  | 440 | 454 |
| Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Issue), Series 2018, 5.00% 11/15/2038 <sup>(a)</sup>  | 470 | 484 |
| Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Issue), Series 2018, 5.125% 11/15/2046 <sup>(a)</sup>  | 755 | 765 |
| Dev. Fin. Agcy., Rev. Bonds (PRG Medford Properties, Inc. Issue - Tufts University Student Housing Project.), Series <br> 2025, 5.25% 6/1/2055  | 220 | 229 |
| Dev. Fin. Agcy., Rev. Bonds (PRG Medford Properties, Inc. Issue - Tufts University Student Housing Project.), Series <br> 2025, 5.25% 6/1/2060  | 145 | 150 |
| Dev. Fin. Agcy., Rev. Bonds (PRG Medford Properties, Inc. Issue - Tufts University Student Housing Project.), Series <br> 2025, 5.25% 6/1/2065  | 380 | 392 |
| Dev. Fin. Agcy., Rev. Bonds (Suffolk University Issue), Series 2025, 6.00% 7/1/2050  | 1285 | 1369 |
| Dev. Fin. Agcy., Rev. Bonds (Suffolk University Issue), Series 2025, 5.25% 7/1/2055  | 600 | 591 |
| Dev. Fin. Agcy., Rev. Bonds (UMass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 7/1/2029  | 195 | 197 |
| Dev. Fin. Agcy., Rev. Bonds (UMass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 7/1/2036  | 1295 | 1303 |
| Dev. Fin. Agcy., Rev. Green Bonds (Boston Medical Center Issue), Series 2015-D, 5.00% 7/1/2044  | 490 | 483 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Boston University Issue), Series 2025-B, 4.00% 10/1/2048  | 525 | 493 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Newbridge Charles Issue), Series 2017, 5.00% 10/1/2047 <sup>(a)</sup>  | 275 | 272 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Newbridge on the Charles, Inc. Issue), Series 20, 5.00% 10/1/2057 <sup>(a)</sup>  | 525 | 505 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Orchard Cove, Inc. Issue), Series 2019, 4.00% 10/1/2039  | 30 | 29 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Salem Community Corp. Issue), Series 2022, 5.00% 1/1/2027  | 605 | 609 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Salem Community Corp. Issue), Series 2022, 5.125% 1/1/2040  | 115 | 115 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Salem Community Corp. Issue), Series 2022, 5.25% 1/1/2050  | 385 | 357 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.25% 7/1/2032  | 175 | 178 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 7/1/2032  | 100 | 108 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2019-B, AMT, 3.00% 7/1/2035  | 10 | 10 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2021-B, AMT, 2.00% 7/1/2037  | 210 | 175 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2022-B, AMT, 3.625% 7/1/2038  | 230 | 229 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.25% 7/1/2044  | 120 | 120 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-D, AMT, 5.00% 7/1/2054  | 2080 | 2014 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2025-B, AMT, 5.50% 7/1/2055  | 115 | 117 |
| GO Bonds, Consolidated Loan, Series 2021-D, 5.00% 9/1/2050  | 500 | 515 |
| Housing Fin. Agcy., Housing Bonds, Series 2019-B-1, 2.75% 12/1/2034  | 50 | 46 |
| Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 188, AMT, 4.00% 6/1/2043  | 40 | 40 |
| Transportation Fund Rev. Bonds (Rail Enhancement Program), Series 2022-A, 5.00% 6/1/2050  | 330 | 339 |
|  |  | 18303 |
| **Michigan 1.11%** | **Michigan 1.11%** | **Michigan 1.11%** |
| Building Auth., Rev. and Rev. Ref. Bonds (Facs. Program), Series 2025-I, 5.25% 10/15/2050  | 235 | 251 |
| City of Detroit, Sewage Disposal System Rev. Ref. Bonds, Series 2006-D, AGI, (3-month USD CME Term SOFR x 0.67 + <br> 0.60%) 3.445% 7/1/2032 <sup>(b)</sup>  | 800 | 798 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2028  | 25 | 26 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2029  | 50 | 52 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2030  | 50 | 52 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2031  | 1365 | 1418 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 5.00% 4/1/2031  | 110 | 120 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2032  | 350 | 363 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2033  | 50 | 52 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2034  | 140 | 145 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2036  | 170 | 175 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2037  | 100 | 103 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2038  | 140 | 144 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 5.00% 4/1/2039  | 395 | 416 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 4.00% 4/1/2040  | 140 | 137 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 4.00% 4/1/2041  | 35 | 34 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 4.00% 4/1/2042  | 45 | 43 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2023-C, 6.00% 5/1/2043  | 50 | 55 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 5.00% 4/1/2046  | 1330 | 1344 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 5.00% 4/1/2050  | 1880 | 1888 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2020, 5.50% 4/1/2050  | 135 | 138 |

---

---

| | |
|:---|:---|
| **147** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Michigan (continued)** | **Michigan (continued)** | **Michigan (continued)** |
| Fin. Auth., Distributable State Aid Rev. and Rev. Ref. Bonds (Charter County of Wayne), Series 2020, 4.00% 11/1/2045  | USD<br> 100<br>| $97 |
| Fin. Auth., Hospital Rev. and Rev. Ref. Bonds (Trinity Health Credit Group), Series 2017-A, 4.00% 12/1/2040  | 440 | 435 |
| Fin. Auth., Hospital Rev. and Rev. Ref. Bonds (Trinity Health Credit Group), Series 2019-A-MI, 3.00% 12/1/2049  | 140 | 100 |
| Fin. Auth., Hospital Rev. Ref. Bonds (Henry Ford Health System), Series 2016, 5.00% 11/15/2037  | 1165 | 1180 |
| Fin. Auth., Hospital Rev. Ref. Bonds (McLaren Health Care), Series 2019-A, 4.00% 2/15/2047  | 540 | 485 |
| City of Flint, Hospital Building Auth., Rev. and Rev. Ref. Bonds (Hurley Medical Center), Series 2020, 4.00% 7/1/2038  | 305 | 296 |
| City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-B, 4.75% 7/1/2028  | 25 | 25 |
| City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.25% 7/1/2028  | 315 | 315 |
| City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.25% 7/1/2039  | 285 | 285 |
| City of Grand Rapids Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (United Methodist Retirement Communities <br> Obligated Group - Porter Hills Presbyterian Village Project), Series 2020, 5.00% 5/15/2037  | 665 | 676 |
| City of Grand Rapids Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (United Methodist Retirement Communities <br> Obligated Group - Porter Hills Presbyterian Village Project), Series 2020, 5.00% 5/15/2044  | 1165 | 1131 |
| City of Grand Rapids Econ. Dev. Corp., Rev. Bonds (Beacon Hill at Eastgate Project), Series 2025-A, 6.125% 11/1/2060  | 4000 | 3964 |
| City of Grand Rapids Econ. Dev. Corp., Rev. Ref. Bonds (Beacon Hill Estate Project), Series 2017-A, 4.00% 11/1/2027  | 135 | 134 |
| City of Grand Rapids Econ. Dev. Corp., Rev. Ref. Bonds (Beacon Hill Estate Project), Series 2017-A, 5.00% 11/1/2032  | 115 | 116 |
| City of Grand Rapids Econ. Dev. Corp., Rev. Ref. Bonds (Beacon Hill Estate Project), Series 2017-A, 5.00% 11/1/2037  | 1300 | 1297 |
| Great Lakes Water Auth., Water Supply System Rev. Ref. Bonds, Series 2016-B, 5.00% 7/1/2046  | 440 | 442 |
| Housing Dev. Auth., Rental Housing Rev. Bonds, Series 2021-A, 2.70% 10/1/2056  | 1025 | 656 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2016-B, 3.35% 12/1/2034  | 125 | 124 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2016-B, 3.50% 6/1/2047  | 5 | 5 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2021-A, 3.00% 6/1/2052  | 255 | 251 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-B, 5.75% 6/1/2054  | 570 | 612 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.00% 6/1/2054  | 520 | 565 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2024-D, 6.25% 6/1/2055  | 220 | 242 |
| County of Kent, Gerald R. Ford International Airport Auth., Limited Tax GO Rev. Bonds, Series 2021, AMT, 5.00% <br> 1/1/2035  | 95 | 104 |
| County of Kent, Gerald R. Ford International Airport Auth., Limited Tax GO Rev. Bonds, Series 2021, AMT, 5.00% <br> 1/1/2036  | 65 | 71 |
| City of Kentwood Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, <br> 5.00% 11/15/2032  | 140 | 145 |
| City of Kentwood Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2016, <br> 5.00% 11/15/2037  | 1790 | 1799 |
| City of Kentwood Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, <br> 5.00% 11/15/2041  | 250 | 252 |
| City of Kentwood Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2022, <br> 4.00% 11/15/2043  | 885 | 780 |
| City of Kentwood Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2021, <br> 4.00% 11/15/2045  | 265 | 225 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2024-A, 5.00% 8/15/2049  | 435 | 457 |
| Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (United Methodist Retirement Communities, Inc. Project), <br> Series 2019, 5.00% 11/15/2034  | 130 | 133 |
| Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (United Methodist Retirement Communities, Inc. Project), <br> Series 2019, 5.00% 11/15/2049  | 250 | 233 |
| Strategic Fund, Limited Obligation Rev. Bonds (Consumers Energy Co. Project), Series 2019, AMT, 3.35% 10/1/2049 <br> (put 10/1/2027)  | 300 | 300 |
| Strategic Fund, Limited Obligation Rev. Green Bonds (Graphic Packaging International, LLC Coated Recycled Board <br> Machine Project), Series 2021, AMT, 4.00% 10/1/2061 (put 10/1/2026)  | 915 | 914 |
| Strategic Fund, Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, 5.00% 11/15/2029  | 85 | 88 |
| Strategic Fund, Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, 5.00% 11/15/2043  | 310 | 310 |
| Strategic Fund, Limited Obligation Rev. Ref. Bonds (United Methodist Retirement Communities Obligated Group - <br> Porter Hills Presbyterian Village Project), Series 2020, 5.00% 5/15/2037  | 255 | 259 |
| Strategic Fund, Limited Obligation Rev. Ref. Bonds (United Methodist Retirement Communities Obligated Group - <br> Porter Hills Presbyterian Village Project), Series 2020, 5.00% 5/15/2044  | 360 | 349 |
|  |  | 27606 |
| **Minnesota 0.34%** | **Minnesota 0.34%** | **Minnesota 0.34%** |
| City of Apple Valley, Senior Housing Rev. Bonds (PHS Apple Valley Senior Housing, Inc. - Orchard Path Phase II Project), <br> Series 2021, 4.00% 9/1/2051  | 55 | 44 |
| City of Apple Valley, Senior Housing Rev. Bonds (PHS Apple Valley Senior Housing, Inc. - Orchard Path Phase II Project), <br> Series 2021, 4.00% 9/1/2061  | 100 | 76 |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2018, AMT, 4.00% 11/1/2037  | 50 | 50 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **148** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Minnesota (continued)** | **Minnesota (continued)** | **Minnesota (continued)** |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2020, AMT, 2.65% 11/1/2038  | USD<br> 1,075<br>| $1002 |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2023, AMT, 4.00% 11/1/2042  | 1950 | 1889 |
| Housing Fin. Agcy., Homeownership Fin. Bonds (Mortgage-Backed Securities Pass-Through Program), Series 2017-I, <br> 2.80% 12/1/2047  | 21 | 18 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-C, AMT, 4.00% 1/1/2045  | 15 | 15 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2024-G, 6.50% 7/1/2054  | 2340 | 2561 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2025-C, 6.25% 7/1/2055  | 190 | 214 |
| City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2025-D, 1.70% 11/15/2064 <sup>(b)</sup>  | 2300 | 2300 |
| City of St. Paul, Housing and Redev. Auth., Charter School Lease Rev. Bonds (Great River School Project), Series <br> 2017-A, 5.50% 7/1/2052 <sup>(a)</sup>  | 190 | 179 |
|  |  | 8348 |
| **Mississippi 0.20%** | **Mississippi 0.20%** | **Mississippi 0.20%** |
| Business Fin. Corp., Rev. Ref. Bonds (System Energy Resources, Inc. Project), Series 2021, 2.375% 6/1/2044  | 1950 | 1266 |
| Business Fin. Corp., Solid Waste Disposal, Rev. Bonds (Waste Pro USA, Inc. Project), Series 2017, AMT, 5.00% 2/1/2036 <br> (put 8/2/2027) <sup>(a)</sup>  | 1410 | 1426 |
| Dev. Bank, Special Obligation Bonds (Magnolia Regional Health Center Project), Series 2021, 4.00% 10/1/2036 <sup>(a)</sup>  | 210 | 191 |
| Home Corp., Single Family Mortgage Rev. Bonds, Series 2018-A, 4.00% 12/1/2044  | 90 | 91 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016-A, 5.00% 9/1/2046  | 965 | 960 |
| County of Lowndes, Solid Waste Disposal and Pollution Control Rev. Ref. Bonds (International Paper Co. Project), Series <br> 2022, 2.65% 4/1/2037 (put 4/1/2027) <sup>(d)</sup>  | 785 | 783 |
| County of Warren, Gulf Opportunity Zone Rev. Ref. Bonds (International Paper Co. Project), Series 2018, 4.00% <br> 9/1/2032  | 155 | 160 |
| County of Warren, Gulf Opportunity Zone Rev. Ref. Bonds (International Paper Co. Project), Series 2020-A, 4.20% <br> 5/1/2034  | 185 | 192 |
|  |  | 5069 |
| **Missouri 1.13%** | **Missouri 1.13%** | **Missouri 1.13%** |
| County of Cape Girardeau, Industrial Dev. Auth., Health Facs. Bonds (SoutheastHEALTH), Series 2017-A, 5.00% <br> 3/1/2036  | 170 | 173 |
| County of Cape Girardeau, Industrial Dev. Auth., Health Facs. Rev. Bonds (Southeast Health), Series 2021, 4.00% <br> 3/1/2041  | 125 | 125 |
| County of Cape Girardeau, Industrial Dev. Auth., Health Facs. Rev. Bonds (Southeast Missouri Hospital Assn.), Series <br> 2016-A, 6.00% 3/1/2033  | 315 | 317 |
| County of Cape Girardeau, Industrial Dev. Auth., Health Facs. Rev. Bonds (SoutheastHEALTH), Series 2021, 3.00% <br> 3/1/2046  | 640 | 500 |
| County of Cape Girardeau, Industrial Dev. Auth., Tax Increment and Special Dist. Rev. Bonds (Westpark Mall Redev. <br> Project), Series 2024, 5.50% 5/1/2044 <sup>(a)</sup>  | 390 | 377 |
| Dev. Fin. Board, Tax Increment and Special Dist. Rev Bonds (Lakeport Village Project), Series 2025-A, 6.50% <br>6/15/2045 <sup>(a)</sup>  | 750 | 743 |
| Dev. Fin. Board, Tax Increment and Special Dist. Rev Bonds (Lakeport Village Project), Series 2025-A, 6.75% <br>6/15/2055 <sup>(a)</sup>  | 1200 | 1176 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2021, 4.00% <br> 8/1/2036  | 500 | 478 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2015, 5.00% <br> 8/1/2040  | 285 | 285 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2021, 4.00% <br> 8/1/2041  | 450 | 404 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2015, 5.00% <br> 8/1/2045  | 230 | 222 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Cox Health Project), Series 2013-A, 5.00% 11/15/2048  | 1045 | 1045 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Saint Luke's Health System, Inc.), Series 2018-A, 4.00% <br> 11/15/2048  | 440 | 405 |
| Health and Educational Facs. Auth., Health Facs. Rev. Ref. Bonds (St. Anthony's Medical Center), Series 2015-B, 5.00% <br> 2/1/2045  | 145 | 145 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services Projects), Series 2019-C, <br> 4.00% 2/1/2033  | 95 | 96 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2019-C, 4.00% <br> 2/1/2034  | 195 | 196 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2016-B, 5.00% <br> 2/1/2034  | 275 | 275 |

---

---

| | |
|:---|:---|
| **149** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Missouri (continued)** | **Missouri (continued)** | **Missouri (continued)** |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2019-A, 5.00% <br> 2/1/2034  | USD<br> 300<br>| $307 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2019-C, 4.00% <br> 2/1/2042  | 170 | 156 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2021, 4.00% <br> 2/1/2042  | 1435 | 1313 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2019-A, 5.00% <br> 2/1/2042  | 1035 | 1040 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2016-B, 5.00% <br> 2/1/2046  | 250 | 245 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2019-C, 4.00% <br> 2/1/2048  | 1265 | 1062 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2024-A, 5.25% <br> 2/1/2048  | 1070 | 1075 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2021-C, 3.25% 11/1/2052  | 100 | 99 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2023-C, 6.00% 5/1/2053  | 3615 | 3983 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2023-E, 6.50% 5/1/2054  | 110 | 123 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-G, 5.50% 5/1/2055  | 285 | 306 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-A, 5.75% 5/1/2055  | 695 | 764 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-C, 6.00% 5/1/2055  | 720 | 798 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-E, 6.00% 5/1/2055  | 1455 | 1617 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-C, 5.75% 5/1/2056  | 310 | 339 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-A, 6.00% 5/1/2056  | 560 | 614 |
| City of Joplin, Industrial Dev. Auth., Sales Tax Rev. Bonds (32nd Street Place Community Improvement Dist. Project), <br> Series 2021, 3.50% 11/1/2040  | 145 | 136 |
| City of Kansas City, Industrial Dev. Auth., Econ. Activity Tax Rev. Bonds (Historic Northeast Redev. Plan), Series <br> 2024-A-1, 5.00% 6/1/2046 <sup>(a)</sup>  | 1070 | 1044 |
| City of Lee's Summit, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (John Knox Village), Series 2024-A, 5.00% <br> 8/15/2039  | 575 | 594 |
| City of Lee's Summit, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (John Knox Village), Series 2024-A, 5.625% <br> 8/15/2054  | 60 | 60 |
| City of Lee's Summit, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (John Knox Village), Series 2024-A, 5.75% <br> 8/15/2059  | 55 | 56 |
| City of Lee's Summit, Special Obligation Tax Increment and Special Dist. Rev. Ref. and Improvement Bonds (Summit <br> Fair Project), Series 2017, 4.00% 11/1/2027 <sup>(a)</sup>  | 15 | 15 |
| City of Maryland Heights, Industrial Dev. Auth., Rev. Bonds (St. Louis Community Ice Center Project), Series 2018-A, <br> 4.375% 3/15/2030  | 65 | 59 |
| City of Maryland Heights, Industrial Dev. Auth., Rev. Bonds (St. Louis Community Ice Center Project), Series 2018-A, <br> 5.00% 3/15/2039  | 505 | 421 |
| City of Maryland Heights, Industrial Dev. Auth., Rev. Bonds (St. Louis Community Ice Center Project), Series 2018-A, <br> 5.00% 3/15/2049  | 840 | 630 |
| Municipal Fin. Corp., Leasehold Rev. Bonds (Convention Center Expansion and Improvement Projects), Series 2020, <br> AGI, 5.00% 10/1/2045  | 220 | 225 |
| Municipal Fin. Corp., Leasehold Rev. Bonds (Convention Center Expansion and Improvement Projects), Series 2020, <br> AGI, 5.00% 10/1/2049  | 110 | 112 |
| County of Phelps, Hospital Rev. Bonds (Phelps Health), Series 2025, 6.00% 12/1/2055  | 165 | 176 |
| County of Polk, Industrial Dev. Auth., Retirement Fac. Rev. Ref. and Improvement Bonds (Carpenters Home Estates, Inc. <br> Project), Series 2019-A, 5.00% 1/1/2049  | 580 | 552 |
| City of Rolla, Move Rolla Transportation Dev. Dist., Sales Tax Rev. Bonds, Series 2017, 4.50% 6/1/2036  | 20 | 20 |
| City of Saint Charles, Plaza at Noah's Ark Community Improvement Dist., Tax Increment and Improvement Dist. Rev. <br> Bonds, Series 2021, 3.00% 5/1/2026  | 65 | 65 |
| City of Saint Charles, Plaza at Noah's Ark Community Improvement Dist., Tax Increment and Improvement Dist. Rev. <br> Bonds, Series 2021, 3.00% 5/1/2030  | 200 | 192 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **150** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Missouri (continued)** | **Missouri (continued)** | **Missouri (continued)** |
| City of Saint Charles, Plaza at Noah's Ark Community Improvement Dist., Tax Increment and Improvement Dist. Rev. <br> Bonds, Series 2021, 3.125% 5/1/2035  | USD<br> 105<br>| $95 |
| City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, NATL, 5.50% 7/1/2026  | 95 | 96 |
| City of St. Louis, Industrial Dev. Auth., Tax Increment and Special Dist. Rev. Bonds (Union Station Phase 2 Redev. <br> Project), Series 2024-A, 4.875% 6/15/2034  | 95 | 97 |
| County of St. Louis, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.00% <br> 8/15/2030  | 110 | 110 |
| County of St. Louis, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.00% <br> 8/15/2035  | 155 | 154 |
| County of St. Louis, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.125% <br> 8/15/2045  | 225 | 199 |
| County of St. Louis, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (Friendship Village St. Louis Obligated Group), <br> Series 2018-A, 5.125% 9/1/2048  | 615 | 597 |
| County of St. Louis, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (Friendship Village St. Louis Obligated Group), <br> Series 2018, 5.125% 9/1/2049  | 145 | 140 |
| County of St. Louis, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (Friendship Village St. Louis Obligated Group), <br> Series 2018, 5.25% 9/1/2053  | 870 | 845 |
| County of St. Louis, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (St. Andrew's Resources for Seniors Obligated <br> Group), Series 2015-A, 5.00% 12/1/2035  | 160 | 160 |
| County of Stoddard, Industrial Dev. Auth., Health Facs. Rev. Bonds (Southeast Missouri Hospital Assn.), Series 2016-B, <br> 6.00% 3/1/2037  | 355 | 357 |
| City of Town and Country, Town and Country Crossing Transportation Dev. Dist., Transportation Sales Tax Rev. Ref. <br> Bonds, Series 2020-A, 3.375% 4/1/2037  | 50 | 46 |
|  |  | 28056 |
| **Montana 0.12%** | **Montana 0.12%** | **Montana 0.12%** |
| City of Forsyth, Pollution Control Rev. Ref. Bonds (Avista Corp. Colstrip Project), Series 2010-A, 3.875% 10/1/2032  | 2055 | 2117 |
| City of Forsyth, Pollution Control Rev. Ref. Bonds (Avista Corp. Colstrip Project), Series 2010-A, 3.875% 3/1/2034  | 665 | 681 |
| Board of Housing, Single Family Mortgage Bonds, Series 2024-A, 6.00% 12/1/2054  | 50 | 54 |
| Board of Housing, Single Family Mortgage Bonds, Series 2024-B, 5.75% 6/1/2055  | 55 | 60 |
|  |  | 2912 |
| **Nebraska 0.04%** | **Nebraska 0.04%** | **Nebraska 0.04%** |
| Educational, Health, Cultural, and Social Sciences Fin. Auth., Rev. Bonds (Immanuel Retirement Communities <br> Obligated Group), Series 2019-A, 4.00% 1/1/2038  | 135 | 133 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2019-B, AMT, 4.00% 9/1/2049  | 195 | 195 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2023-C, 5.50% 9/1/2053  | 235 | 249 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2024-G, 6.00% 9/1/2054  | 290 | 323 |
|  |  | 900 |
| **Nevada 0.47%** | **Nevada 0.47%** | **Nevada 0.47%** |
| Dept. of Business and Industry, Charter School Rev. Bonds (Doral Academy of Nevada), Series 2017-A, 5.00% <br> 7/15/2047  | 320 | 296 |
| Dept. of Business and Industry, Lease Rev. Bonds (Somerset Academy), Series 2018-A, 4.50% 12/15/2029 <sup>(a)</sup>  | 155 | 155 |
| Dept. of Business and Industry, Lease Rev. Bonds (Somerset Academy), Series 2015-A, 5.125% 12/15/2045 <sup>(a)</sup>  | 100 | 96 |
| Dept. of Business and Industry, Lease Rev. Bonds (Somerset Academy), Series 2018-A, 5.00% 12/15/2048 <sup>(a)</sup>  | 210 | 195 |
| County of Clark, Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series 2010, 2.10% 6/1/2031  | 645 | 589 |
| City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 6/15/2045  | 135 | 135 |
| City of Las Vegas, Special Improvement Dist. No. 611 (Sunstone Phase I and II), Local Improvement Bonds, Series <br> 2020, 3.50% 6/1/2030  | 25 | 24 |
| City of Las Vegas, Special Improvement Dist. No. 611 (Sunstone Phase I and II), Local Improvement Bonds, Series <br> 2020, 3.50% 6/1/2031  | 20 | 19 |
| City of Las Vegas, Special Improvement Dist. No. 611 (Sunstone Phase I and II), Local Improvement Bonds, Series <br> 2020, 3.75% 6/1/2032  | 60 | 57 |
| City of Las Vegas, Special Improvement Dist. No. 611 (Sunstone Phase I and II), Local Improvement Bonds, Series <br> 2020, 4.00% 6/1/2040  | 55 | 50 |
| City of Las Vegas, Special Improvement Dist. No. 611 (Sunstone Phase I and II), Local Improvement Bonds, Series <br> 2020, 4.125% 6/1/2050  | 660 | 560 |
| City of Las Vegas, Special Improvement Dist. No. 612 (Skye Hills), Local Improvement Bonds, Series 2020, 3.50% <br> 6/1/2035  | 25 | 23 |

---

---

| | |
|:---|:---|
| **151** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Nevada (continued)** | **Nevada (continued)** | **Nevada (continued)** |
| City of Las Vegas, Special Improvement Dist. No. 612 (Skye Hills), Local Improvement Bonds, Series 2020, 4.00% <br> 6/1/2050  | USD<br> 190<br>| $166 |
| City of Las Vegas, Special Improvement Dist. No. 812 (Summerlin Village 24), Local Improvement Rev. Ref. Bonds, <br> Series 2015, 5.00% 12/1/2026  | 70 | 70 |
| City of Las Vegas, Special Improvement Dist. No. 812 (Summerlin Village 24), Local Improvement Rev. Ref. Bonds, <br> Series 2015, 5.00% 12/1/2029  | 160 | 160 |
| City of Las Vegas, Special Improvement Dist. No. 812 (Summerlin Village 24), Local Improvement Rev. Ref. Bonds, <br> Series 2015, 5.00% 12/1/2035  | 235 | 235 |
| City of Las Vegas, Special Improvement Dist. No. 813 (Summerlin Village 26), Local Improvement Bonds, Series 2017, <br> 3.25% 6/1/2026  | 25 | 25 |
| City of Las Vegas, Special Improvement Dist. No. 813 (Summerlin Village 26), Local Improvement Bonds, Series 2017, <br> 3.50% 6/1/2027  | 30 | 30 |
| City of Las Vegas, Special Improvement Dist. No. 813 (Summerlin Village 26), Local Improvement Bonds, Series 2017, <br> 3.50% 6/1/2028  | 30 | 30 |
| City of Las Vegas, Special Improvement Dist. No. 813 (Summerlin Village 26), Local Improvement Bonds, Series 2017, <br> 4.00% 6/1/2033  | 135 | 133 |
| City of Las Vegas, Special Improvement Dist. No. 813 (Summerlin Village 26), Local Improvement Bonds, Series 2017, <br> 4.25% 6/1/2037  | 115 | 114 |
| City of Las Vegas, Special Improvement Dist. No. 813 (Summerlin Village 26), Local Improvement Bonds, Series 2017, <br> 4.375% 6/1/2042  | 145 | 141 |
| City of Las Vegas, Special Improvement Dist. No. 813 (Summerlin Village 26), Local Improvement Bonds, Series 2017, <br> 4.50% 6/1/2047  | 470 | 444 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.50% 6/1/2026  | 25 | 25 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.50% 6/1/2027  | 25 | 25 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.50% 6/1/2028  | 20 | 20 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.50% 6/1/2029  | 45 | 44 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.25% 6/1/2031  | 40 | 38 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.50% 6/1/2032  | 45 | 43 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.50% 6/1/2033  | 60 | 56 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 3.50% 6/1/2035  | 105 | 97 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 4.00% 6/1/2039  | 65 | 62 |
| City of Las Vegas, Special Improvement Dist. No. 814 (Summerlin Village 21 and 24A), Local Improvement Bonds, <br> Series 2019, 4.00% 6/1/2049  | 165 | 140 |
| City of Las Vegas, Special Improvement Dist. No. 815 (Summerlin Village 25), Local Improvement Bonds, Series 2020, <br> 4.75% 12/1/2040  | 125 | 127 |
| City of Las Vegas, Special Improvement Dist. No. 815 (Summerlin Village 25), Local Improvement Bonds, Series 2020, <br> 5.00% 12/1/2049  | 150 | 151 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 2.75% 6/1/2033  | 60 | 53 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 2.75% 6/1/2036  | 95 | 80 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 3.00% 6/1/2041  | 125 | 99 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 3.125% 6/1/2046  | 170 | 127 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 3.125% 6/1/2051  | 215 | 152 |
| City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series 2023, <br> 5.75% 6/1/2043  | 205 | 218 |
| City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series 2023, <br> 6.00% 6/1/2048  | 40 | 42 |
| City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series 2023, <br> 6.00% 6/1/2053  | 80 | 84 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **152** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Nevada (continued)** | **Nevada (continued)** | **Nevada (continued)** |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 4.75% 12/1/2033  | USD<br> 60<br>| $62 |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 5.00% 12/1/2044  | 205 | 207 |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 5.00% 12/1/2049  | 140 | 138 |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 5.00% 12/1/2054  | 370 | 360 |
| City of Las Vegas, Special Improvement Dist. No. 819 (Summerlin Village 30A), Local Improvement Bonds, Series 2025, <br> 4.50% 6/1/2035  | 150 | 151 |
| City of Las Vegas, Special Improvement Dist. No. 819 (Summerlin Village 30A), Local Improvement Bonds, Series 2025, <br> 5.25% 6/1/2045  | 600 | 606 |
| City of Las Vegas, Special Improvement Dist. No. 819 (Summerlin Village 30A), Local Improvement Bonds, Series 2025, <br> 5.50% 6/1/2055  | 925 | 939 |
| City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement Rev. Ref. <br> Bonds, Series 2014, 5.00% 6/1/2026  | 70 | 70 |
| City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement Rev. Ref. <br> Bonds, Series 2014, 5.00% 6/1/2028  | 25 | 25 |
| City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement Rev. Ref. <br> Bonds, Series 2014, 5.00% 6/1/2029  | 45 | 45 |
| City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement Rev. Ref. <br> Bonds, Series 2014, 5.00% 6/1/2031  | 10 | 10 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, 3.75% <br> 6/1/2026  | 20 | 20 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, 3.75% <br> 6/1/2027  | 35 | 35 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, <br> 3.875% 6/1/2028  | 50 | 50 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, 4.00% <br> 6/1/2029  | 25 | 25 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, 4.00% <br> 6/1/2030  | 35 | 35 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, 4.25% <br> 6/1/2034  | 75 | 75 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, 4.50% <br> 6/1/2039  | 145 | 145 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, <br> 4.625% 6/1/2043  | 120 | 116 |
| City of North Las Vegas, Special Improvement Dist. No. 64 (Valley Vista), Local Improvement Bonds, Series 2019, <br> 4.625% 6/1/2049  | 400 | 371 |
| City of North Las Vegas, Special Improvement Dist. No. 66 (Villages at Tule Springs Village 1), Local Improvement <br> Bonds, Series 2022, 5.50% 6/1/2037 <sup>(a)</sup>  | 80 | 84 |
| City of North Las Vegas, Special Improvement Dist. No. 66 (Villages at Tule Springs Village 1), Local Improvement <br> Bonds, Series 2022, 5.75% 6/1/2042 <sup>(a)</sup>  | 120 | 124 |
| City of North Las Vegas, Special Improvement Dist. No. 66 (Villages at Tule Springs Village 1), Local Improvement <br> Bonds, Series 2022, 6.00% 6/1/2052 <sup>(a)</sup>  | 205 | 210 |
| City of Reno, Sales Tax Rev. Ref. Bonds (ReTRAC - Reno Transportation Rail Access Corridor Project), Series 2018-B, <br> AGI, 4.125% 6/1/2058  | 150 | 141 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 4.25% <br> 6/1/2032 <sup>(a)</sup>  | 65 | 65 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 4.375% <br> 6/1/2034 <sup>(a)</sup>  | 70 | 71 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 4.50% <br> 6/1/2036 <sup>(a)</sup>  | 75 | 76 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 5.00% <br> 6/1/2041 <sup>(a)</sup>  | 40 | 41 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 5.25% <br> 6/1/2054 <sup>(a)</sup>  | 650 | 641 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 5.00% 6/1/2026  | 15 | 15 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.75% 6/1/2027  | 20 | 20 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.50% 6/1/2028  | 20 | 20 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.50% 6/1/2029  | 25 | 26 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.50% 6/1/2031  | 25 | 26 |

---

---

| | |
|:---|:---|
| **153** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Nevada (continued)** | **Nevada (continued)** | **Nevada (continued)** |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.75% 6/1/2032  | USD<br> 15<br>| $16 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.75% 6/1/2033  | 100 | 104 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.75% 6/1/2034  | 100 | 104 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 5.125% 6/1/2054  | 115 | 113 |
| County of Washoe, Water Facs. Rev. Ref. Bonds (Sierra Pacific Power Co. Projects), Series 2016-C, AMT, 4.125% <br> 3/1/2036 (put 10/1/2029)  | 335 | 343 |
| County of Washoe, Water Facs. Rev. Ref. Bonds (Sierra Pacific Power Co. Projects), Series 2016-F, AMT, 4.125% <br> 3/1/2036 (put 10/1/2029)  | 445 | 455 |
|  |  | 11610 |
| **New Hampshire 2.37%** | **New Hampshire 2.37%** | **New Hampshire 2.37%** |
| Business Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2013, AMT, 2.95% <br> 4/1/2029 <sup>(a)</sup>  | 310 | 299 |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (Granite Edvance Corp. Issue), Series 2024-B, AMT, <br> 4.00% 11/1/2044  | 175 | 170 |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (New Hampshire Higher Education Loan Corp. Issue), <br> Series 2023-B, AMT, 5.00% 11/1/2043  | 305 | 323 |
| Health and Education Facs. Auth., Rev. Bonds (Dartmouth Health Obligated Group Issue), Series 2025, 5.50% 8/1/2050  | 485 | 518 |
| Health and Education Facs. Auth., Rev. Bonds (Elliot Hospital Issue), Series 2016, 5.00% 10/1/2031  | 125 | 126 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-C, 6.25% 1/1/2055  | 175 | 189 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.25% 1/1/2055  | 385 | 419 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-D, 6.50% 7/1/2055  | 1575 | 1717 |
| National Fin. Auth., Affordable Housing Certs., Series 2024-1, Class A, 4.15% 10/20/2040 (put 10/1/2034)  | 124 | 125 |
| National Fin. Auth., Hospital Rev. Bonds (St. Luke's University Health Network Project), Series 2021-B, AGI, 3.00% <br> 8/15/2046  | 175 | 139 |
| National Fin. Auth., Hospital Rev. Bonds (St. Luke's University Health Network Project), Series 2021-B, AGI, 3.00% <br> 8/15/2051  | 1585 | 1161 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2024-A, 4.53% <br> 10/15/2034 <sup>(a)</sup>  | 465 | 479 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2024-B, 6.343% <br> 10/15/2034 <sup>(a)</sup>  | 315 | 324 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2025-A, 5.05% <br> 6/15/2035 <sup>(a)</sup>  | 1105 | 1148 |
| National Fin. Auth., Municipal Certs., Series 2020-1, Class A, 4.125% 1/20/2034  | 5045 | 5142 |
| National Fin. Auth., Municipal Certs., Series 2022-1, Class A, 4.375% 9/20/2036  | 4505 | 4590 |
| National Fin. Auth., Municipal Certs., Series 2022-2, Class X, 0.675% 10/1/2036 <sup>(b)(c)</sup>  | 6580 | 272 |
| National Fin. Auth., Municipal Certs., Series 2022-2, Class A, 4.00% 10/20/2036  | 4870 | 4835 |
| National Fin. Auth., Municipal Certs., Series 2023-2, Class A, 3.875% 1/20/2038  | 3094 | 2991 |
| National Fin. Auth., Municipal Certs., Series 2024-2, Class X, 3.625% 8/20/2039  | 2780 | 2671 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-US, 4.064% 11/20/2039 <sup>(b)</sup>  | 124 | 123 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-CA, 3.81% 7/20/2040 <sup>(b)</sup>  | 3121 | 2883 |
| National Fin. Auth., Municipal Certs., Series 2025-1, Class A-1, 4.086% 1/20/2041 <sup>(b)</sup>  | 2325 | 2306 |
| National Fin. Auth., Municipal Certs., Series 2025-1, Class A-2, 4.086% 1/20/2041 <sup>(b)</sup>  | 294 | 276 |
| National Fin. Auth., Municipal Certs., Series 2025-3, Class A-1, 4.795% 2/20/2041 <sup>(b)</sup>  | 4352 | 4565 |
| National Fin. Auth., Municipal Certs., Series 2024-1, Class A, 4.25% 7/20/2041  | 3018 | 3037 |
| National Fin. Auth., Municipal Certs., Series 2024-3, Class A, 4.034% 10/20/2041 <sup>(b)</sup>  | 1648 | 1635 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-US, 4.064% 5/20/2042 <sup>(b)</sup>  | 2047 | 1849 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-A, AMT, 4.00% 11/1/2027 <sup>(a)</sup>  | 100 | 99 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-B, 4.625% 11/1/2042 <sup>(a)</sup>  | 250 | 217 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2020-B, AMT, 3.75% 7/1/2045 (put <br> 7/2/2040) <sup>(a)</sup>  | 1180 | 971 |
| National Fin. Auth., Resource Recovery Rev. Ref. Green Bonds (Covanta Project), Series 2020-A, 3.625% 7/1/2043 (put <br> 7/2/2040) <sup>(a)</sup>  | 760 | 623 |
| National Fin. Auth., Rev. Bonds (Presbyterian Senior Living Project), Series 2023-A, 5.25% 7/1/2048  | 660 | 662 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.50% 6/1/2050  | 180 | 188 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.00% 6/1/2055  | 495 | 490 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.50% 6/1/2055  | 800 | 833 |
| National Fin. Auth., Senior Living Rev. Ref. Bonds (Springpoint Senior Living Project), Series 2021, 4.00% 1/1/2041  | 1020 | 945 |
| National Fin. Auth., Senior Living Rev. Ref. Bonds (Springpoint Senior Living Project), Series 2021, 4.00% 1/1/2051  | 1275 | 1032 |
| National Fin. Auth., Special Rev. Bonds (Grand Prairie Project), Series 2024, 5.875% 12/15/2032 <sup>(a)</sup>  | 3445 | 3432 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **154** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New Hampshire (continued)** | **New Hampshire (continued)** | **New Hampshire (continued)** |
| National Fin. Auth., Special Rev. Bonds (Lackland Projects, Special Fncg. Dists. in Fort Bend and Parker Counties), CAB, <br> Series 2025-A, 0% 2/1/2035 <sup>(a)</sup>  | USD<br> 2,105<br>| $1180 |
| National Fin. Auth., Specialty Pharmacy Rev. Bonds (University Hospitals Home Care Services, Inc.), Series 2024-A, <br> 5.625% 12/15/2033 <sup>(a)</sup>  | 2310 | 2381 |
| National Fin. Auth., Specialty Pharmacy Rev. Bonds (University Hospitals Home Care Services, Inc.), Series 2024-A, <br> 6.25% 12/15/2038 <sup>(a)</sup>  | 1320 | 1387 |
|  |  | 58752 |
| **New Jersey 1.25%** | **New Jersey 1.25%** | **New Jersey 1.25%** |
| County of Camden, Improvement Auth., Charter School Rev. Bonds (Camden Prep High School Project), Series 2022, <br> 5.00% 7/15/2052 <sup>(a)</sup>  | 220 | 215 |
| County of Camden, Improvement Auth., Charter School Rev. Bonds (Camden Prep High School Project), Series 2022, <br> 5.00% 7/15/2062 <sup>(a)</sup>  | 505 | 483 |
| Econ. Dev. Auth., Energy Fac. Rev. Bonds (UMM Energy Partners, LLC Project), Series 2012-A, AMT, 5.00% 6/15/2037  | 810 | 810 |
| Econ. Dev. Auth., Energy Fac. Rev. Bonds (UMM Energy Partners, LLC Project), Series 2012-A, AMT, 5.125% 6/15/2043  | 80 | 80 |
| Econ. Dev. Auth., Motor Vehicle Surcharges Rev. Ref. Bonds, Series 2017-A, BAM, 5.00% 7/1/2027  | 85 | 87 |
| Econ. Dev. Auth., Private Activity Bonds (Goethals Bridge Replacement Project), Series 2013, AMT, 5.375% 1/1/2043  | 2625 | 2628 |
| Econ. Dev. Auth., Private Activity Bonds (Goethals Bridge Replacement Project), Series 2013, AMT, 5.625% 1/1/2052  | 435 | 435 |
| Econ. Dev. Auth., Rev. Bonds (Provident Group - Kean Properties, LLC - Kean University Student Housing Project), <br> Series 2017-A, 5.00% 7/1/2047  | 495 | 466 |
| Econ. Dev. Auth., Rev. Ref. Bonds (Cranes Mill Project), Series 2018, 5.00% 1/1/2049  | 225 | 207 |
| Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Montclair Properties, LLC - Montclair State University Student <br> Housing Project), Series 2017, AGI, 5.00% 6/1/2037  | 305 | 312 |
| Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties, LLC - Rowan University Student Housing <br> Project), Series 2015-A, 5.00% 1/1/2035  | 815 | 815 |
| Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties, LLC - Rowan University Student Housing <br> Project), Series 2015-A, 5.00% 1/1/2048  | 375 | 359 |
| Econ. Dev. Auth., School Facs. Construction Bonds, Series 2017-DDD, 5.00% 6/15/2034 (preref. 6/15/2027)  | 165 | 171 |
| Econ. Dev. Auth., School Facs. Construction Bonds, Series 2017-DDD, 5.00% 6/15/2035 (preref. 6/15/2027)  | 140 | 145 |
| Econ. Dev. Auth., School Facs. Construction Rev. Bonds, Series 2018-EEE, 5.00% 6/15/2043  | 205 | 210 |
| Econ. Dev. Auth., School Facs. Construction Rev. Bonds, Series 2018-EEE, 5.00% 6/15/2043 (preref. 12/1/2028)  | 120 | 129 |
| Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2023-RRR, 5.00% 3/1/2026  | 595 | 597 |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 9/15/2029  | 2630 | 2633 |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 2000-B, AMT, 5.625% 11/15/2030  | 880 | 882 |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 2003, AMT, 5.50% 6/1/2033  | 380 | 381 |
| Econ. Dev. Auth., Special Fac. Rev. Ref. Bonds (Continental Airlines, Inc. Project), Series 2012, AMT, 5.75% 9/15/2027  | 305 | 305 |
| Econ. Dev. Auth., Transit Transportation Project Bonds, Series 2020-A, 4.00% 11/1/2038  | 275 | 277 |
| Econ. Dev. Auth., Water Facs. Rev. Ref. Bonds (American Water Co., Inc. Project), Series 2019-A, AMT, 2.20% 10/1/2039 <br> (put 12/3/2029)  | 275 | 260 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2022, AMT, 4.00% <br> 12/1/2041  | 905 | 901 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2025, AMT, 4.50% <br> 12/1/2045  | 920 | 945 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2025, AMT, 5.50% <br> 12/1/2055  | 615 | 629 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2018-A, AMT, 3.75% 12/1/2031  | 20 | 20 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2019-B, AMT, 3.25% 12/1/2039  | 440 | 428 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2020-B, AMT, 3.50% 12/1/2039  | 245 | 238 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2019-B, AMT, 3.00% 12/1/2034  | 105 | 100 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2020-A, AMT, 3.50% 12/1/2039  | 1305 | 1282 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2021-B, AMT, 2.50% 12/1/2040  | 1010 | 953 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2023-B, AMT, 4.00% 12/1/2044  | 3365 | 3244 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2024-B, AMT, 4.25% 12/1/2045  | 615 | 615 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2021-C, AMT, 3.25% 12/1/2051  | 325 | 233 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2024-C, AMT, 5.25% 12/1/2054  | 410 | 413 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2019-C, 4.75% 10/1/2050  | 45 | 46 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2024-K, 6.00% 10/1/2055  | 120 | 130 |
| South Jersey Port Corp., Marine Terminal Rev. Bonds, Series 2017-B, AMT, 5.00% 1/1/2036  | 110 | 113 |
| South Jersey Port Corp., Marine Terminal Rev. Bonds, Series 2017-B, AMT, 5.00% 1/1/2042  | 140 | 142 |
| South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2022-A, 4.625% 11/1/2047  | 95 | 95 |
| South Jersey Transportation Auth., Transportation System Rev. Ref. Bonds, Series 2020-A, 5.00% 11/1/2045  | 1970 | 2016 |
| South Jersey Transportation Auth., Transportation System Rev. Ref. Bonds, Series 2020-A, 4.00% 11/1/2050  | 1330 | 1174 |

---

---

| | |
|:---|:---|
| **155** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New Jersey (continued)** | **New Jersey (continued)** | **New Jersey (continued)** |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2020-AA, 4.00% 6/15/2038  | USD<br> 330<br>| $334 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2024-AA, 5.00% 6/15/2042  | 110 | 119 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2020-AA, 4.00% 6/15/2045  | 185 | 175 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-BB, 5.00% 6/15/2046  | 500 | 521 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2020-AA, 3.00% 6/15/2050  | 660 | 486 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2022-BB, 3.00% 6/15/2050  | 1105 | 814 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2019-BB, 5.00% 6/15/2050 (preref. <br> 12/15/2028)  | 275 | 296 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2022-A, 4.00% 6/15/2041  | 220 | 217 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2024-AA, 5.25% 6/15/2041  | 310 | 345 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC, 0% 12/15/2036  | 640 | 433 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-A, 5.25% 1/1/2055  | 100 | 107 |
| County of Union, Improvement Auth., Solid Waste Disposal Rev. Green Bonds (Aries Linden, LLC Project), Series 2019, <br> AMT, 6.75% 12/1/2041 <sup>(a)(f)</sup>  | 1615 | 646 |
|  |  | 31097 |
| **New Mexico 0.14%** | **New Mexico 0.14%** | **New Mexico 0.14%** |
| Educational Assistance Foundation, Education Loan Bonds, Series 2021-1-A, AMT, 2.05% 9/1/2051  | 1060 | 968 |
| City of Farmington, Pollution Control Rev. Ref. Bonds (Public Service Co. of San Juan and Four Corners Projects), Series <br> 2016-B, 2.15% 4/1/2033  | 785 | 686 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2016-A-2, Class I, AMT, 3.50% 3/1/2046  | 20 | 20 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2024-C, Class I, 6.00% 3/1/2055  | 1100 | 1212 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2025-A, Class I, 5.75% 3/1/2056  | 140 | 154 |
| City of Santa Fe, Retirement Fac. Rev. Bonds (El Castillo Retirement Residences), Series 2019-A, 5.00% 5/15/2034  | 130 | 133 |
| City of Santa Fe, Retirement Fac. Rev. Bonds (El Castillo Retirement Residences), Series 2012, 5.00% 5/15/2042  | 135 | 135 |
| City of Santa Fe, Retirement Fac. Rev. Bonds (El Castillo Retirement Residences), Series 2019-A, 5.00% 5/15/2044  | 145 | 142 |
|  |  | 3450 |
| **New York 6.95%** | **New York 6.95%** | **New York 6.95%** |
| City of Albany Capital Resource Corp., Rev. Bonds (Kipp Capital Region Public Charter Schools Project), Series 2024, <br> 4.75% 6/1/2054  | 630 | 590 |
| City of Albany Capital Resource Corp., Rev. Bonds (Kipp Capital Region Public Charter Schools Project), Series 2024, <br> 5.00% 6/1/2064  | 60 | 57 |
| Town of Brookhaven Local Dev. Corp., Rev. Bonds (Active Retirement Community, Inc.), Series 2020-A, 4.00% <br> 11/1/2055  | 750 | 624 |
| Town of Brookhaven Local Dev. Corp., Rev. Bonds (Long Island Community Hospital Project), Series 2020-A, 5.00% <br> 10/1/2050  | 250 | 254 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2026  | 2115 | 2129 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2042  | 8360 | 8373 |
| Buffalo and Erie County Industrial Land Dev. Corp., Rev. Bonds (Catholic Health System Obligated Group Project), <br> Series 2015, 5.00% 7/1/2040  | 105 | 100 |
| Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), <br> Series 2015, 4.00% 7/1/2045  | 60 | 48 |
| Build NYC Resource Corp., Rev. Bonds (Friends of Hellenic Classical Charter Schools, Inc. Project), Series 2021-A, <br> 5.00% 12/1/2041 <sup>(a)</sup>  | 120 | 116 |
| Build NYC Resource Corp., Rev. Bonds (Friends of Hellenic Classical Charter Schools, Inc. Project), Series 2021-A, <br> 5.00% 12/1/2051 <sup>(a)</sup>  | 195 | 174 |
| Build NYC Resource Corp., Rev. Bonds (Friends of Hellenic Classical Charter Schools, Inc. Project), Series 2021-A, <br> 5.00% 12/1/2055 <sup>(a)</sup>  | 155 | 136 |
| Build NYC Resource Corp., Rev. Bonds (Shefa School Project), Series 2021-A, 5.00% 6/15/2051 <sup>(a)</sup>  | 220 | 206 |
| Build NYC Resource Corp., Rev. Ref. Bonds (Albert Einstein School of Medicine, Inc. Project), Series 2015, 5.50% <br> 9/1/2045 <sup>(a)</sup>  | 1840 | 1822 |
| Build NYC Resource Corp., Rev. Ref. Bonds (Brooklyn Navy Yard Cogeneration Partners, LP Project), Series 2019, AMT, <br> 5.00% 12/31/2028 <sup>(a)</sup>  | 1825 | 1840 |
| Build NYC Resource Corp., Solid Waste Disposal Rev. Bonds (Pratt Paper (NY), Inc. Project), Series 2014, AMT, 5.00% <br> 1/1/2035 <sup>(a)</sup>  | 2250 | 2253 |
| Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), CAB, Series 2016-B, BAM, 0% 11/15/2039  | 440 | 248 |
| Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), CAB, Series 2016-B, BAM, 0% 11/15/2045  | 895 | 351 |
| Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), CAB, Series 2016-B, BAM, 0% 11/15/2046  | 380 | 141 |
| Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), CAB, Series 2016-B, AGI, 0% 11/15/2048  | 555 | 184 |
| Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), CAB, Series 2016-A, 0% 11/15/2049  | 4020 | 1295 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **156** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), CAB, Series 2016-B, BAM, 0% 11/15/2055  | USD<br> 470<br>| $108 |
| Convention Center Dev. Corp., Rev. Bonds (Hotel Unit Fee Secured), CAB, Series 2016-B, BAM, 0% 11/15/2056  | 435 | 95 |
| Dormitory Auth., Mortgage Hospital Rev. Bonds (Maimonides Medical Center), Series 2020, FHA, 3.00% 2/1/2050  | 1150 | 837 |
| Dormitory Auth., Rev. Bonds (Catholic Health System Obligated Group), Series 2019-A, 4.00% 7/1/2037  | 195 | 170 |
| Dormitory Auth., Rev. Bonds (Catholic Health System Obligated Group), Series 2019-A, 4.00% 7/1/2038  | 185 | 159 |
| Dormitory Auth., Rev. Bonds (Catholic Health System Obligated Group), Series 2019-A, 4.00% 7/1/2045  | 485 | 391 |
| Dormitory Auth., Rev. Bonds (Langone Hospitals Obligated Group), Series 2020-A, 4.00% 7/1/2050  | 1540 | 1382 |
| Dormitory Auth., Rev. Bonds (Montefiore Obligated Group), Series 2020-A, 4.00% 9/1/2045  | 100 | 87 |
| Dormitory Auth., Rev. Bonds (Montefiore Obligated Group), Series 2024, 5.50% 11/1/2047  | 70 | 73 |
| Dormitory Auth., Rev. Bonds (Northwell Health Obligated Group), Series 2024-A, 4.00% 5/1/2054  | 110 | 98 |
| Dormitory Auth., Rev. Bonds (Orange Regional Medical Center Obligated Group), Series 2015, 5.00% 12/1/2033 <sup>(a)</sup>  | 100 | 100 |
| Dormitory Auth., Rev. Bonds (Orange Regional Medical Center Obligated Group), Series 2015, 5.00% 12/1/2034 <sup>(a)</sup>  | 100 | 100 |
| Dormitory Auth., Rev. Bonds (Orange Regional Medical Center Obligated Group), Series 2017, 5.00% 12/1/2034 <sup>(a)</sup>  | 110 | 110 |
| Dormitory Auth., Rev. Bonds (Orchard Park CCRC, Inc. Obligated Group), Series 2025-A, 5.125% 11/15/2050  | 925 | 930 |
| Dormitory Auth., Rev. Bonds (White Plains Hospital Obligated Group), Series 2024, 5.25% 10/1/2049  | 2095 | 2124 |
| Dormitory Auth., Rev. Bonds (White Plains Hospital Obligated Group), Series 2024, AGI, 5.50% 10/1/2054  | 95 | 102 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-A, 3.00% 3/15/2041  | 1000 | 871 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024-A, 5.25% 3/15/2049  | 775 | 818 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-C, 5.25% 3/15/2050  | 770 | 820 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-E, 3.00% 3/15/2051  | 305 | 223 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-A, 5.00% 3/15/2051  | 2750 | 2843 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2024-A, 5.00% 3/15/2055  | 330 | 342 |
| Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2024-A, 5.25% 3/15/2052  | 330 | 347 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2017, AMT, <br> 2.875% 12/1/2044 (put 12/3/2029) <sup>(a)</sup>  | 520 | 497 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2020-R-1, <br> 4.25% 9/1/2050 (put 9/3/2030) <sup>(a)</sup>  | 830 | 834 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2022-R-2, <br> AMT, 5.125% 9/1/2050 (put 9/3/2030) <sup>(a)</sup>  | 715 | 744 |
| Genesee County Funding Corp., Rev. Bonds (Rochester Regional Health Project), Series 2022-A, 5.25% 12/1/2052  | 65 | 66 |
| Town of Huntington Local Dev. Corp., Rev. Bonds (Gurwin Independent Housing, Inc. / Fountaingate Gardens Project), <br> Series 2021-A, 5.25% 7/1/2056  | 410 | 331 |
| Jefferson County Civic Fac. Dev. Corp., Rev. Bonds (Samaritan Medical Center Project), Series 2017-A, 4.00% <br> 11/1/2042  | 220 | 181 |
| Jefferson County Civic Fac. Dev. Corp., Rev. Bonds (Samaritan Medical Center Project), Series 2017-A, 4.00% <br> 11/1/2047  | 275 | 207 |
| Liberty Dev. Corp., Liberty Rev. Ref. Green Bonds (4 World Trade Center Project), Series 2021-A, 2.875% 11/15/2046  | 1085 | 790 |
| Liberty Dev. Corp., Liberty Rev. Ref. Green Bonds (4 World Trade Center Project), Series 2021-A, 3.00% 11/15/2051  | 3265 | 2365 |
| Liberty Dev. Corp., Liberty Rev. Ref. Green Bonds (4 World Trade Center Project), Series 2021-A, BAM, 3.00% <br> 11/15/2051  | 220 | 161 |
| Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2021-A-2, 4.00% 11/15/2043  | 175 | 163 |
| Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 5.00% 11/15/2045 (put 5/15/2030)  | 765 | 825 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2020-D-1, 5.00% 11/15/2043  | 110 | 114 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2020-D, 5.00% 11/15/2045  | 495 | 506 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2021-A-1, 4.00% 11/15/2046  | 355 | 320 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2020-D-3, 4.00% 11/15/2049  | 1000 | 898 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2019-B, 4.00% 11/15/2050  | 1000 | 879 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2020-C-1, 5.00% 11/15/2050  | 445 | 450 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2017-A-2, 5.00% 11/15/2026  | 260 | 265 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2017-B, 5.00% 11/15/2026  | 145 | 148 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2017-C-1, 5.00% 11/15/2028  | 210 | 221 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2020-E, 5.00% 11/15/2032  | 80 | 88 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2024-A, 5.00% 11/15/2044  | 510 | 536 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2020-E, 4.00% 11/15/2045  | 65 | 59 |
| Monroe County Industrial Dev. Corp., Rev. Bonds (Rochester Regional Health Project), Series 2020-A, 3.00% 12/1/2040  | 245 | 202 |
| Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 239, 3.25% 10/1/2051  | 85 | 84 |
| New York City GO Bonds, Series 2021-F-1, 4.00% 3/1/2047  | 350 | 321 |
| New York City GO Bonds, Fiscal 2020, Series 2020-D-1, 4.00% 3/1/2050  | 275 | 249 |
| New York City GO Bonds, Fiscal 2022, Series 2022-A-1, 3.00% 8/1/2050  | 335 | 249 |
| New York City GO Bonds, Fiscal 2024, Series 2024-C, 5.00% 3/1/2042  | 155 | 166 |
| New York City GO Bonds, Fiscal 2024, Series 2024-D, 5.25% 4/1/2054  | 1500 | 1567 |
| New York City GO Bonds, Fiscal 2025, Series 2025-C-1, 5.25% 9/1/2046  | 1050 | 1113 |
| New York City GO Bonds, Fiscal 2025, Series 2025-G-1, 5.25% 2/1/2053  | 380 | 399 |

---

---

| | |
|:---|:---|
| **157** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| New York City GO Bonds, Fiscal 2025, Series 2025-E, 5.00% 8/1/2054  | USD<br> 1,000<br>| $1027 |
| New York City GO Bonds, Fiscal 2026, Series 2026-D, 5.25% 10/1/2051  | 1000 | 1053 |
| New York City GO Bonds, Fiscal 2026, Series 2026-C-1, 5.00% 8/1/2053  | 1130 | 1164 |
| New York City Housing Dev. Corp., Housing Impact Green Bonds, Series 2020-A, 2.80% 2/1/2050  | 275 | 195 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Green Bonds (Sustainable Dev. Bonds), Series 2021-F-1, <br> 2.25% 11/1/2041  | 230 | 176 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, AG, <br> 5.00% 1/1/2026  | 300 | 300 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, AGI, <br> 3.00% 1/1/2046  | 640 | 489 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Yankee Stadium Project), Series 2020-A, AGI, 3.00% <br> 3/1/2039  | 210 | 192 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Yankee Stadium Project), Series 2020-A, AGI, 3.00% <br> 3/1/2040  | 440 | 390 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Yankee Stadium Project), Series 2020-A, AGI, 4.00% <br> 3/1/2045  | 485 | 455 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Yankee Stadium Project), Series 2020-A, AGI, 3.00% <br> 3/1/2049  | 285 | 212 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2023-DD, 5.25% 6/15/2046  | 130 | 138 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2024-AA-1, 5.25% 6/15/2053  | 300 | 315 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2024-BB-1, 5.25% 6/15/2054  | 685 | 720 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series <br> 2024-CC, 5.25% 6/15/2054  | 1635 | 1721 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2025, Series 2025-BB, 5.00% 6/15/2043  | 600 | 653 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2025, Series 2025-BB, 5.00% 6/15/2052  | 515 | 536 |
| New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2025, Series 2025-BB, 5.00% 6/15/2055  | 515 | 545 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2020, Series 2020-B-1, 4.00% 11/1/2042  | 110 | 108 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.00% 5/1/2044  | 145 | 153 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.00% 5/1/2046  | 245 | 256 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-C, 5.25% 5/1/2048  | 245 | 257 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.25% 5/1/2048  | 2080 | 2192 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.25% 5/1/2049  | 2195 | 2307 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.25% 5/1/2051  | 5275 | 5527 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-F-1, 5.25% 2/1/2053  | 1815 | 1897 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F, 5.00% 11/1/2040  | 275 | 305 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.00% 11/1/2044  | 165 | 175 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-E, 5.00% 11/1/2045  | 380 | 401 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-C-C1, 5.00% 5/1/2046  | 160 | 168 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.00% 11/1/2046  | 80 | 84 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-C-C1, 5.00% 5/1/2048  | 940 | 975 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-E, 5.50% 11/1/2049  | 395 | 426 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2050  | 500 | 516 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.50% 11/1/2051  | 55 | 59 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.50% 5/1/2052  | 220 | 236 |
| Niagara Area Dev. Corp., Rev. Bonds (Catholic Health System, Inc. Project), Series 2022, 5.00% 7/1/2052  | 345 | 311 |
| Niagara Area Dev. Corp., Solid Waste Disposal Fac. Rev. Ref. Bonds (Covanta Project), Series 2018-A, AMT, 4.75% <br> 11/1/2042 <sup>(a)</sup>  | 3320 | 2924 |
| Niagara Frontier Transportation Auth., Airport Rev. Bonds (Buffalo Niagara International Airport), Series 2019-A, AMT, <br> 5.00% 4/1/2039  | 50 | 51 |
| Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, <br> AMT, 5.00% 4/1/2029  | 130 | 130 |
| Oneida Indian Nation, Tax Rev. Bonds, Series 2024-A, 7.25% 9/1/2034 <sup>(a)</sup>  | 1465 | 1486 |
| Oneida Indian Nation, Tax Rev. Bonds, Series 2024-B, 6.00% 9/1/2043 <sup>(a)</sup>  | 540 | 583 |
| County of Onondaga, Resource Recovery Agcy., Rev. Ref. Bonds, Series 2015-A, AMT, AGI, 5.00% 5/1/2030  | 165 | 165 |
| Onongada Civic Dev. Corp., Rev. Bonds (Syracuse University Project), Series 2025, 5.50% 12/1/2056  | 85 | 93 |
| Onongada Civic Dev. Corp., Rev. Ref. Bonds (Crouse Health Hospital, Inc. Project), Series 2024-A, 5.125% 8/1/2044  | 245 | 218 |
| Onongada Civic Dev. Corp., Rev. Ref. Bonds (Crouse Health Hospital, Inc. Project), Series 2024-A, 5.375% 8/1/2054  | 750 | 653 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **158** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Rockland County Econ. Assistance Corp., Rev. Bonds (Bon Secours Charity Health System Project), Series 2025, 7.50% <br> 11/1/2055  | USD<br> 3,255<br>| $3496 |
| Suffolk County Econ. Dev. Corp., Rev. Bonds (Peconic Landing at Southold, Inc. Project), Series 2019-B, 5.00% <br> 12/1/2040  | 110 | 112 |
| Suffolk Regional Off-Track Betting Corp., Rev. Bonds, Series 2024, 5.75% 12/1/2044  | 415 | 423 |
| Suffolk Regional Off-Track Betting Corp., Rev. Bonds, Series 2024, 6.00% 12/1/2053  | 275 | 279 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-A-1, 4.85% <br> 11/1/2031 <sup>(a)</sup>  | 250 | 252 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-E-1, 4.85% <br> 11/1/2031 <sup>(a)</sup>  | 370 | 374 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-A-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 355 | 355 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-C-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 350 | 350 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-D-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 375 | 375 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-E-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 2370 | 2372 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2022-A-1, 4.00% 3/15/2050  | 275 | 257 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2022-A-1, 4.00% 3/15/2051  | 275 | 256 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2021-A-1, 4.00% 3/15/2052  | 525 | 482 |
| Thruway Auth., Personal Income Tax Rev. Green Bonds, Series 2025-B, 5.00% 3/15/2055  | 500 | 517 |
| Tompkins County Dev. Corp., Continuing Care Retirement Community Rev. Bonds (Kendal at Ithaca, Inc. Project), <br> Series 2014-A, 5.00% 7/1/2034  | 75 | 75 |
| Transportation Dev. Corp., Fac. Rev. Bonds (New York State Thruway Service Areas Project), Series 2021, AMT, 4.00% <br> 10/31/2046  | 310 | 276 |
| Transportation Dev. Corp., Fac. Rev. Bonds (New York State Thruway Service Areas Project), Series 2021, AMT, 4.00% <br> 4/30/2053  | 535 | 455 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2021, AMT, 2.25% 8/1/2026  | 855 | 850 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2021, AMT, 3.00% 8/1/2031  | 1435 | 1362 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2020, AMT, 5.25% 8/1/2031  | 535 | 554 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2020, AMT, 5.375% 8/1/2036  | 2480 | 2589 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2026  | 100 | 102 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 5.00% 12/1/2028  | 250 | 262 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2035  | 350 | 376 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2036  | 100 | 107 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 5.00% 12/1/2037  | 75 | 78 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-C, 5.00% 12/1/2038  | 100 | 107 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2038  | 185 | 195 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 4.00% 12/1/2039  | 120 | 118 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2040  | 140 | 146 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2041  | 170 | 176 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 4.00% 12/1/2042  | 475 | 442 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-C, 4.00% 12/1/2042  | 275 | 264 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 4.00% 12/1/2042  | 260 | 242 |

---

---

| | |
|:---|:---|
| **159** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2042  | USD<br> 335<br>| $343 |
| Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2016, AMT, 5.00% 8/1/2026  | 460 | 460 |
| Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2016, AMT, 5.00% 8/1/2031  | 5775 | 5781 |
| Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, <br> 4.00% 7/1/2032  | 2000 | 1992 |
| Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, <br> 4.00% 7/1/2033  | 495 | 494 |
| Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, <br> 4.00% 7/1/2046  | 535 | 464 |
| Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, <br> 5.00% 7/1/2046  | 385 | 385 |
| Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, <br> 5.25% 1/1/2050  | 3840 | 3840 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2027  | 220 | 224 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2028  | 250 | 258 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2029  | 750 | 773 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2030  | 520 | 536 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 4.00% 10/1/2030  | 575 | 586 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2031  | 6800 | 7007 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2032  | 1105 | 1136 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2033  | 3360 | 3447 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2034  | 1000 | 1023 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2023, AMT, 6.00% 4/1/2035  | 3410 | 3760 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 5.00% 10/1/2035  | 700 | 730 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 4.00% 1/1/2036  | 700 | 682 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2036  | 325 | 331 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2023, AMT, 5.625% 4/1/2040  | 1450 | 1522 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 5.00% 10/1/2040  | 5485 | 5563 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2020, AMT, 4.375% 10/1/2045  | 6320 | 5893 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2023, AMT, AGI, 5.00% 6/30/2049  | 275 | 276 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2024, AGI, AMT, 5.00% 6/30/2054  | 2985 | 2982 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2024, AMT, 5.50% 6/30/2054  | 1050 | 1063 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2023, AMT, 6.00% 6/30/2054  | 440 | 455 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2025, AMT, 6.00% 6/30/2055  | 1270 | 1342 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2025, AGI, AMT, 5.50% 6/30/2059  | 220 | 230 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2025, AMT, 6.00% 6/30/2059  | 2730 | 2873 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **160** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2023, AMT, AGI, 5.125% 6/30/2060  | USD<br> 2,000<br>| $2009 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2024, AMT, 5.50% 6/30/2060  | 1750 | 1765 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal Six <br> Redev. Project), Series 2024-A, AGI, AMT, 5.25% 12/31/2054  | 675 | 685 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal Six <br> Redev. Project), Series 2024-A, AMT, 5.50% 12/31/2054  | 760 | 776 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal Six <br> Redev. Project), Series 2024-A, AMT, 5.50% 12/31/2060  | 1405 | 1421 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal Six <br> Redev. Project), CAB, Series 2024-B, AGI, AMT, 0% 12/31/2054 (5.00% on 12/31/2034) <sup>(d)</sup>  | 525 | 340 |
| Triborough Bridge and Tunnel Auth., General Rev. Bonds (MTA Bridges and Tunnels), Series 2020-A, 4.00% <br> 11/15/2054  | 220 | 199 |
| Triborough Bridge and Tunnel Auth., Payroll Mobility Tax Green Bonds (MTA Bridges and Tunnels), Series 2024-B, <br> 5.25% 5/15/2054  | 405 | 426 |
| Triborough Bridge and Tunnel Auth., Real Estate Transfer Tax Rev. Bonds (MTA Bridges and Tunnels), Series 2025-A, <br> 5.25% 12/1/2054  | 240 | 253 |
| Triborough Bridge and Tunnel Auth., Real Estate Transfer Tax Rev. Bonds (MTA Bridges and Tunnels), Series 2025-A, <br> 5.50% 12/1/2059  | 2470 | 2641 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2019-A, 5.00% 3/15/2039  | 165 | 172 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 3.00% 3/15/2040  | 220 | 196 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-E, 3.00% 3/15/2047  | 655 | 503 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-A, 4.00% 3/15/2049  | 40 | 36 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 4.00% 3/15/2049  | 25 | 23 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-A, 3.00% 3/15/2050  | 220 | 164 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-E, 3.00% 3/15/2050  | 275 | 205 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2023-A, 4.00% 3/15/2052  | 250 | 225 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2021-A, 3.00% 3/15/2040  | 280 | 250 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2019-A, 4.00% 3/15/2043  | 500 | 485 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2023-A, 5.00% 3/15/2048  | 260 | 269 |
| Westchester County Local Dev. Corp., Rev. Bonds (Purchase Housing Corp. II Project), Series 2017, 5.00% 6/1/2047  | 110 | 107 |
| Westchester County Local Dev. Corp., Rev. Bonds (Senior Learning Community, Inc.), Series 2021-A, 5.00% 7/1/2056 <sup>(a)</sup>  | 405 | 357 |
| Westchester County Local Dev. Corp., Rev. Bonds (Westchester Medical Center Obligated Group Project), Series 2016, <br> 5.00% 11/1/2046  | 590 | 547 |
| County of Westchester Industrial Dev. Agcy., Special Fac. Rev. Bonds (Million Air Two, LLC. General Aviation Facs. <br> Project), Series 2017-A, AMT, 7.00% 6/1/2046 <sup>(a)</sup>  | 100 | 104 |
| Yonkers Econ. Dev. Corp., Educational Rev. Bonds (Lamartine/Warburton, LLC - Charter School of Educational <br> Excellence Project), Series 2019-A, 4.00% 10/15/2029  | 55 | 55 |
| Yonkers Econ. Dev. Corp., Educational Rev. Bonds (Lamartine/Warburton, LLC - Charter School of Educational <br> Excellence Project), Series 2019-A, 5.00% 10/15/2039  | 50 | 50 |
| Yonkers Econ. Dev. Corp., Educational Rev. Bonds (Lamartine/Warburton, LLC - Charter School of Educational <br> Excellence Project), Series 2019-A, 5.00% 10/15/2054  | 100 | 91 |
|  |  | 172487 |
| **North Carolina 0.99%** | **North Carolina 0.99%** | **North Carolina 0.99%** |
| City of Charlotte, Charlotte Douglas International Airport, Airport Rev. Bonds, Series 2022-A, AMT, 3.00% 7/1/2046  | 295 | 220 |
| City of Charlotte, Water and Sewer System Rev. Bonds, Series 2024, 5.00% 7/1/2054  | 2650 | 2799 |
| Columbus County Industrial Facs. and Pollution Control Fin. Auth. Recovery Zone Fac. Rev. Ref. Bonds (International <br> Paper Co. Project), Series 2020-A, 4.20% 5/1/2034  | 220 | 229 |
| County of Cumberland, Industrial Facs. and Pollution Control Fncg. Auth., Solid Waste Disposal Rev. Bonds (Project <br> Aero), Series 2024, AMT, 3.125% 12/1/2027 (put 12/1/2026)  | 7000 | 6996 |
| Educational Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2035  | 245 | 260 |
| Educational Assistance Auth., Student Loan Rev. Bonds, Series 2023-A, AMT, 5.00% 6/1/2043  | 495 | 516 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2045  | 1195 | 1252 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds, Series 58-A, 6.50% 1/1/2056  | 100 | 114 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 53-A, 6.25% 1/1/2055  | 300 | 325 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 54-A, 6.25% 1/1/2055  | 195 | 217 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 55-A, 6.25% 7/1/2055  | 210 | 231 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 57-A, 6.25% 1/1/2056  | 155 | 174 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 55-C, 3.20% 7/1/2056 (put <br> 1/15/2026)  | 900 | 900 |

---

---

| | |
|:---|:---|
| **161** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **North Carolina (continued)** | **North Carolina (continued)** | **North Carolina (continued)** |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 59-A, 6.25% 1/1/2057  | USD<br> 555<br>| $633 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (Lutheran Services for the Aging), Series <br> 2021-A, 4.00% 3/1/2041  | 55 | 52 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (Lutheran Services for the Aging), Series <br> 2021-A, 4.00% 3/1/2051  | 480 | 398 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (The Presbyterian Homes Obligated Group), <br> Series 2020-A, 5.00% 10/1/2040  | 1190 | 1223 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (The Presbyterian Homes Obligated Group), <br> Series 2020-A, 5.00% 10/1/2045  | 165 | 165 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (The Presbyterian Homes Obligated Group), <br> Series 2020-A, 4.00% 10/1/2050  | 1600 | 1345 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (The Pines at Davidson Project), Series <br> 2019-A, 5.00% 1/1/2049  | 1500 | 1478 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. and Rev. Ref. Bonds (Plantation Village, Inc.), Series <br> 2021-A, 4.00% 1/1/2041  | 150 | 141 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. and Rev. Ref. Bonds (Plantation Village, Inc.), Series <br> 2021-A, 4.00% 1/1/2052  | 595 | 486 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Carolina Meadows), Series 2024, 5.25% <br> 12/1/2049  | 100 | 102 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Carolina Meadows), Series 2024, 5.25% <br> 12/1/2054  | 250 | 253 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Carolina Village Project), Series 2017-B, 4.25% <br> 4/1/2042  | 55 | 50 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Carolina Village Project), Series 2017-B, 5.00% <br> 4/1/2047  | 610 | 562 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Lutheran Retirement Ministries Project), Series <br> 2019-A, 5.00% 1/1/2038  | 500 | 511 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Lutheran Retirement Ministries Project), Series <br> 2019-A, 5.00% 1/1/2049  | 795 | 775 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-A, 5.50% <br> 9/1/2044  | 140 | 144 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-A, 5.50% <br> 9/1/2054  | 205 | 203 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Sharon Towers), Series 2019-A, 5.00% <br> 7/1/2049  | 500 | 472 |
| Medical Care Commission, Retirement Facs. Rev. Bonds (Friends Homes), Series 2020-A, 5.00% 9/1/2030  | 100 | 102 |
| Medical Care Commission, Retirement Facs. Rev. Bonds (Friends Homes), Series 2020-A, 4.00% 9/1/2050  | 1425 | 1161 |
|  |  | 24489 |
| **North Dakota 0.13%** | **North Dakota 0.13%** | **North Dakota 0.13%** |
| City of Grand Forks, Health Care System Rev. Bonds, Series 2021, AGI, 3.00% 12/1/2046  | 1735 | 1322 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-A, 3.00% 1/1/2052  | 70 | 69 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-B, 3.00% 7/1/2052  | 195 | 192 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2023-D, 5.75% 1/1/2054  | 135 | 144 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2024-A, 6.00% 7/1/2054  | 90 | 97 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2024-C, 6.25% 1/1/2055  | 305 | 340 |
| County of Ward, Health Care Facs. Rev. Bonds (Trinity Obligated Group), Series 2017-C, 5.00% 6/1/2038  | 165 | 161 |
| County of Ward, Health Care Facs. Rev. Bonds (Trinity Obligated Group), Series 2017-C, 5.00% 6/1/2043  | 720 | 671 |
| County of Ward, Health Care Facs. Rev. Bonds (Trinity Obligated Group), Series 2017-C, 5.00% 6/1/2053  | 220 | 190 |
|  |  | 3186 |
| **Ohio 2.74%** | **Ohio 2.74%** | **Ohio 2.74%** |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2014-D, 3.20% 5/1/2026  | 300 | 300 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2014-C, AMT, 3.65% 12/1/2027  | 3000 | 3008 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-C, AMT, 3.70% 4/1/2028  | 150 | 150 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-D, AMT, 3.70% 10/1/2028  | 4435 | 4451 |
| Air Quality Dev. Auth., Air Quality Dev. Rev. Ref. Bonds (Duke Energy Corp. Project), Series 2022-B, AMT, 4.25% <br> 11/1/2039 (put 6/1/2027)  | 1470 | 1493 |
| Air Quality Dev. Auth., Air Quality Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2009-A, 2.875% 2/1/2026  | 570 | 570 |
| Air Quality Dev. Auth., Air Quality Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2009-D, 2.875% 2/1/2026  | 755 | 755 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **162** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Ohio (continued)** | **Ohio (continued)** | **Ohio (continued)** |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (American Electric Co. Project), Series 2014-B, AMT, 2.60% 6/1/2041 <br> (put 10/1/2029)  | USD<br> 110<br>| $106 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (American Electric Co. Project), Series 2007-B, AMT, 2.50% <br> 11/1/2042 (put 10/1/2029)  | 505 | 483 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (Ohio Valley Electric Corp. Project), Series 2019-A, 3.25% 9/1/2029  | 1335 | 1332 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (The Dayton Power and Light Co. Project), Series 2015-A, AMT, 4.25% <br> 11/1/2040 (put 6/1/2027)  | 250 | 254 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 4.25% 1/15/2038 <sup>(a)</sup>  | 1145 | 1146 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 4.50% 1/15/2048 <sup>(a)</sup>  | 2685 | 2482 |
| County of Allen, Hospital Facs. Rev. Bonds (Bon Secours Mercy Health, Inc.), Series 2020-A, 4.00% 12/1/2040  | 130 | 126 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, Class 1, <br> 5.00% 6/1/2033  | 145 | 155 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, 5.00% <br> 6/1/2034  | 265 | 280 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, 4.00% <br> 6/1/2048  | 745 | 644 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-B-2, 5.00% <br> 6/1/2055  | 5850 | 4743 |
| County of Butler, Hospital Facs. Rev. Bonds (UC Health), Series 2016, 5.00% 11/15/2045  | 110 | 110 |
| County of Butler, Hospital Facs. Rev. Ref. Bonds (UC Health), Series 2017, 4.00% 11/15/2034  | 220 | 219 |
| County of Butler, Hospital Facs. Rev. Ref. Bonds (UC Health), Series 2017, 4.00% 11/15/2035  | 105 | 104 |
| City of Centerville, Health Care Improvement and Rev. Ref. Bonds, Series 2017, 5.25% 11/1/2037  | 860 | 869 |
| City of Centerville, Health Care Improvement and Rev. Ref. Bonds, Series 2017, 5.25% 11/1/2050  | 270 | 252 |
| Cleveland-Cuyahoga Port Auth., Lease Rev. Ref. and Improvement Bonds (Constellation Schools Project), Series <br> 2024-A, 5.875% 1/1/2049 <sup>(a)</sup>  | 195 | 194 |
| Cleveland-Cuyahoga Port Auth., Tax Increment Fncg. Rev. and Rev. Ref. Bonds (Flats East Bank Project), Series 2021-A, <br> 4.00% 12/1/2055 <sup>(a)</sup>  | 1510 | 1160 |
| Cleveland-Cuyahoga Port Auth., Tax Increment Fncg. Rev. and Rev. Ref. Bonds (Flats East Bank Project), Series 2021-B, <br> 4.50% 12/1/2055 <sup>(a)</sup>  | 1115 | 896 |
| Columbus-Franklin County Fin. Auth., Multi Family Housing Rev. Bonds (The Landmark on Scioto), Series 2025, 3.19% <br> 6/1/2044 (put 6/1/2029)  | 2500 | 2509 |
| Columbus-Franklin County Fin. Auth., Public Infrastructure Rev. Bonds (Bridge Park D Block Project), Series 2019-A-A, <br> 5.00% 12/1/2051  | 932 | 925 |
| County of Cuyahoga, Hospital Rev. Bonds (MetroHealth System), Series 2017, 5.00% 2/15/2052  | 250 | 237 |
| County of Cuyahoga, Hospital Rev. Bonds (MetroHealth System), Series 2017, 5.50% 2/15/2052  | 1150 | 1133 |
| County of Franklin, Health Care Facs. Rev. Bonds (Ohio Living Communities), Series 2020-B, 4.00% 7/1/2031  | 105 | 106 |
| County of Franklin, Health Care Facs. Rev. Bonds (Ohio Living Communities), Series 2020-B, 4.00% 7/1/2032  | 35 | 35 |
| County of Franklin, Health Care Facs. Rev. Bonds (Ohio Living Communities), Series 2020-B, 4.00% 7/1/2035  | 40 | 40 |
| County of Franklin, Health Care Facs. Rev. Bonds (Ohio Living Communities), Series 2020-B, 4.00% 7/1/2045  | 125 | 107 |
| County of Franklin, Health Care Facs. Rev. Bonds (OPRS Communities), Series 2016-C, 5.00% 7/1/2038  | 335 | 336 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2033  | 100 | 100 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2040  | 645 | 607 |
| County of Hamilton, Healthcare Improvement and Rev. Ref. Bonds (Life Enriching Communities Project), Series 2016, <br> 5.00% 1/1/2031  | 1835 | 1837 |
| County of Hamilton, Healthcare Improvement and Rev. Ref. Bonds (Life Enriching Communities Project), Series 2016, <br> 5.00% 1/1/2046  | 680 | 665 |
| County of Hamilton, Healthcare Improvement and Rev. Ref. Bonds (Life Enriching Communities Project), Series 2016, <br> 5.00% 1/1/2051  | 685 | 653 |
| County of Hamilton, Healthcare Improvement and Rev. Ref. Bonds (Life Enriching Communities Project), Series 2025, <br> 5.50% 1/1/2055  | 750 | 761 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2017-A, 5.00% 1/1/2037  | 25 | 25 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.25% 1/1/2038  | 1000 | 1059 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.50% 1/1/2043  | 360 | 374 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2017-A, 5.00% 1/1/2047  | 285 | 276 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2017-A, 5.00% 1/1/2052  | 375 | 356 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.75% 1/1/2053  | 615 | 634 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2040  | 140 | 154 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2043  | 250 | 264 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2020, 5.00% 9/15/2050  | 2140 | 2085 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2051  | 305 | 313 |
| Healthcare Fac. Rev. Bonds (Otterbein Homes Obligated Group), Series 2021-B, 4.00% 7/1/2041  | 160 | 155 |
| Healthcare Fac. Rev. Bonds (Otterbein Homes Obligated Group), Series 2021-B, 4.00% 7/1/2046  | 110 | 97 |

---

---

| | |
|:---|:---|
| **163** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Ohio (continued)** | **Ohio (continued)** | **Ohio (continued)** |
| Higher Educational Fac. Commission, Higher Educational Facs. Rev. Bonds (Xavier University 2024 Project), Series <br> 2024, 5.25% 5/1/2054  | USD<br> 330<br>| $335 |
| Higher Educational Facs. Commission, Healthcare Fac. Rev. Bonds (Ashtabula County Medical Center Obligated <br> Group), Series 2022, 5.25% 1/1/2047  | 1065 | 1074 |
| Higher Educational Facs. Commission, Healthcare Fac. Rev. Bonds (Ashtabula County Medical Center Obligated <br> Group), Series 2022, 5.25% 1/1/2052  | 765 | 767 |
| Higher Educational Facs. Commission, Healthcare Fac. Rev. Bonds (Judson Obligated Group 2020 Project), Series <br> 2020-A, 5.00% 12/1/2042  | 250 | 250 |
| Higher Educational Facs. Commission, Healthcare Fac. Rev. Bonds (Judson Obligated Group 2020 Project), Series <br> 2020-A, 5.00% 12/1/2045  | 470 | 453 |
| Higher Educational Facs. Commission, Healthcare Fac. Rev. Bonds (Judson Obligated Group 2020 Project), Series <br> 2020-A, 5.00% 12/1/2050  | 975 | 906 |
| Higher Educational Facs. Commission, Hospital Parking Rev. Bonds (University Circle, Inc. 2020 Project), Series 2020, <br> 5.00% 1/15/2045  | 415 | 421 |
| City of Hilliard, Hickory Chase Community Auth., Infrastructure Improvement Rev. Bonds (Hickory Chase Project), <br> Series 2019-A, 5.00% 12/1/2040 <sup>(a)</sup>  | 1650 | 1679 |
| City of Hilliard, Hickory Chase Community Auth., Infrastructure Improvement Rev. Bonds (Hickory Chase Project), <br> Series 2019-B-1, 6.00% 12/1/2046 <sup>(a)</sup>  | 315 | 316 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2028 <sup>(a)</sup>  | 390 | 395 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2033 <sup>(a)</sup>  | 2400 | 2428 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2038 <sup>(a)</sup>  | 745 | 740 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2048 <sup>(a)</sup>  | 1940 | 1731 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2020-A, 2.50% <br> 9/1/2035  | 45 | 41 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2022-A, 3.25% <br> 9/1/2052  | 65 | 64 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2023-B, 6.00% <br> 3/1/2055  | 340 | 372 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-A, 6.25% <br> 3/1/2055  | 530 | 576 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-B, 6.25% <br> 3/1/2055  | 105 | 115 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2025-A, 6.25% <br> 3/1/2056  | 590 | 652 |
| County of Lucas, Hospital Rev. Bonds (Promedica Healthcare Obligated Group), Series 2018-A, 5.25% 11/15/2048  | 6550 | 6457 |
| County of Montgomery, Hospital Facs. Rev. Bonds (Dayton Children's Hospital), Series 2021, 4.00% 8/1/2051  | 220 | 198 |
| County of Muskingum, Hospital Facs. Rev. Ref. Bonds (Genesis HealthCare System Obligated Group Project), Series <br> 2013, 5.00% 2/15/2048  | 875 | 840 |
| City of Norwood, Special Obligation Rev. Ref. Bonds (Rookwood Exchange Project), Series 2025, 5.00% 12/1/2041  | 410 | 419 |
| Port Auth., Gas Supply Rev. Bonds, Series 2024-A, 5.00% 2/1/2055 (put 8/1/2030)  | 500 | 532 |
| Private Activity Bonds (Portsmouth Bypass Project), Series 2015, AMT, 5.00% 12/31/2039  | 10 | 10 |
| Private Activity Bonds (Portsmouth Bypass Project), Series 2015, AMT, 5.00% 6/30/2053  | 1395 | 1368 |
| Southeastern Ohio Port Auth., Hospital Facs. Rev. Ref. and Improvement Bonds (Memorial Health System Obligated <br> Group Project), Series 2015, 5.00% 12/1/2035  | 95 | 94 |
| University of Cincinnati, GO Receipt Bonds, Series 2025-A, 5.25% 6/1/2049  | 295 | 312 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2054  | 500 | 497 |
| County of Washington, Hospital Facs. Rev. Bonds (Memorial Health System Obligated Group), Series 2022, 6.625% <br> 12/1/2042  | 365 | 387 |
| County of Washington, Hospital Facs. Rev. Bonds (Memorial Health System Obligated Group), Series 2022, 6.75% <br> 12/1/2052  | 1565 | 1616 |
|  |  | 68170 |
| **Oklahoma 0.52%** | **Oklahoma 0.52%** | **Oklahoma 0.52%** |
| Dev. Fin. Auth., Health System Rev. Bonds (OU Medicine Project), Series 2018-B, 5.25% 8/15/2043  | 165 | 166 |
| Dev. Fin. Auth., Health System Rev. Bonds (OU Medicine Project), Series 2018-B, 5.50% 8/15/2052  | 110 | 110 |
| Dev. Fin. Auth., Rev. Bonds (Oklahoma Proton Center), Series 2021-A-1, 7.25% 9/1/2051 <sup>(a)</sup>  | 555 | 553 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2023-C, 6.00% <br> 3/1/2054  | 85 | 93 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2024-A, 6.00% <br> 9/1/2054  | 565 | 620 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **164** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Oklahoma (continued)** | **Oklahoma (continued)** | **Oklahoma (continued)** |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2024-B, 6.25% <br> 9/1/2055  | USD<br> 335<br>| $373 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-A, 6.25% <br> 9/1/2056  | 350 | 394 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-E, 6.25% <br> 3/1/2057  | 2475 | 2819 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-C, 6.50% <br> 3/1/2057  | 2000 | 2296 |
| Norman Regional Hospital Auth., Hospital Rev. Bonds (Norman Regional Hospital Auth. Obligated Group), Series <br> 2019, 5.00% 9/1/2045  | 250 | 207 |
| Norman Regional Hospital Auth., Hospital Rev. Ref. Bonds (Norman Regional Hospital Auth. Obligated Group), Series <br> 2016, 5.00% 9/1/2027  | 50 | 46 |
| County of Oklahoma Fin. Auth., Charter School Lease Rev. Bonds (Astec Project), Series 2024, 5.25% 6/15/2034 <sup>(a)</sup>  | 70 | 71 |
| County of Oklahoma Fin. Auth., Charter School Lease Rev. Bonds (Astec Project), Series 2024, 6.00% 6/15/2044 <sup>(a)</sup>  | 110 | 108 |
| County of Oklahoma Fin. Auth., Charter School Lease Rev. Bonds (Astec Project), Series 2024, 6.25% 6/15/2054 <sup>(a)</sup>  | 155 | 150 |
| County of Oklahoma Fin. Auth., Charter School Lease Rev. Bonds (Astec Project), Series 2024, 6.50% 6/15/2064 <sup>(a)</sup>  | 320 | 317 |
| Trustees of the Tulsa Municipal Airport Trust, Rev. Bonds (American Airlines, Inc. Project), Series 2025, AMT, 6.25% <br> 12/1/2035  | 1085 | 1243 |
| Trustees of the Tulsa Municipal Airport Trust, Rev. Bonds (American Airlines, Inc. Project), Series 2025, AMT, 6.25% <br> 12/1/2040  | 2800 | 3110 |
| Turnpike Auth., Turnpike System Rev. Bonds, Series 2025-A, 5.50% 1/1/2054  | 345 | 375 |
|  |  | 13051 |
| **Oregon 0.44%** | **Oregon 0.44%** | **Oregon 0.44%** |
| City of Astoria, Hospital Facs. Auth., Rev. Bonds (Columbia Memorial Hospital Project), Series 2024, 5.25% 8/1/2049  | 110 | 111 |
| County of Clackamas, Hospital Fac. Auth., Senior Living Rev. Bonds (Williamette View Project), Series 2017-A, 5.00% <br> 11/15/2052  | 590 | 537 |
| County of Clackamas, Hospital Facs. Auth., Rev. Senior Living Bonds (Mary's Woods at Marylhurst Project), Series <br> 2018-A, 5.00% 5/15/2052  | 155 | 141 |
| County of Clackamas, Hospital Facs. Auth., Rev. Senior Living Bonds (Rose Villa, Inc. Obligated Group), Series 2020-A, <br> 5.125% 11/15/2040  | 70 | 70 |
| County of Clackamas, Hospital Facs. Auth., Rev. Senior Living Bonds (Rose Villa, Inc. Obligated Group), Series 2020-A, <br> 5.25% 11/15/2050  | 110 | 106 |
| County of Clackamas, Hospital Facs. Auth., Rev. Senior Living Bonds (Rose Villa, Inc. Obligated Group), Series 2020-A, <br> 5.375% 11/15/2055  | 110 | 108 |
| County of Deschutes, Hospital Fac. Auth., Rev. Bonds (St. Charles Health System, Inc.), Series 2020-A, 3.00% 1/1/2051  | 50 | 36 |
| Facs. Auth., Rev. Ref. Bonds (Samaritan Health Services Project), Series 2020-A, 5.00% 10/1/2040  | 250 | 257 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.25% 5/1/2050  | 109 | 118 |
| Health and Science University, Rev. Bonds, Series 2019-A, 3.00% 7/1/2049  | 705 | 516 |
| Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series 2024-C, <br> 6.50% 7/1/2054  | 830 | 922 |
| County of Multnomah, Hospital Facs. Auth., Rev. and Rev. Ref. Green Bonds (Exempt Terwilliger Plaza - Parkview <br> Project), Series 2021-A, 4.00% 12/1/2036  | 55 | 53 |
| County of Multnomah, Hospital Facs. Auth., Rev. and Rev. Ref. Green Bonds (Exempt Terwilliger Plaza - Parkview <br> Project), Series 2021-A, 4.00% 12/1/2041  | 635 | 566 |
| County of Multnomah, Hospital Facs. Auth., Rev. and Rev. Ref. Green Bonds (Exempt Terwilliger Plaza - Parkview <br> Project), Series 2021-A, 4.00% 12/1/2051  | 1550 | 1195 |
| County of Multnomah, Hospital Facs. Auth., Rev. and Rev. Ref. Green Bonds (Exempt Terwilliger Plaza - Parkview <br> Project), Series 2021-A, 4.00% 12/1/2056  | 1705 | 1273 |
| County of Polk, Hospital Fac. Auth., Rev. Bonds (Dallas Retirement Village Project), Series 2015-A, 5.375% 7/1/2045  | 170 | 168 |
| County of Polk, Hospital Fac. Auth., Rev. Bonds (Dallas Retirement Village Project), Series 2015-A, 5.50% 7/1/2050  | 565 | 555 |
| County of Polk, Hospital Fac. Auth., Rev. Bonds (Dallas Retirement Village Project), Series 2020-A, 5.125% 7/1/2055  | 790 | 721 |
| Port of Portland, Portland International Airport Rev. Green Bonds, Series 30-A, AMT, 5.25% 7/1/2041  | 145 | 158 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2040  | 330 | 356 |
| Port of Portland, Portland International Airport Rev. Ref. Green Bonds, Series 29, AMT, 5.50% 7/1/2048  | 100 | 106 |
| City of Salem, Hospital Fac. Auth., Rev. and Rev. Ref. Bonds (Capital Manor Project), Series 2022, 4.00% 5/15/2040  | 305 | 290 |
| City of Salem, Hospital Fac. Auth., Rev. and Rev. Ref. Bonds (Capital Manor Project), Series 2022, 4.00% 5/15/2047  | 225 | 189 |
| City of Salem, Hospital Fac. Auth., Rev. and Rev. Ref. Bonds (Capital Manor Project), Series 2022, 4.00% 5/15/2057  | 350 | 274 |

---

---

| | |
|:---|:---|
| **165** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Oregon (continued)** | **Oregon (continued)** | **Oregon (continued)** |
| City of Salem, Hospital Fac. Auth., Rev. Bonds (Capital Manor Project), Series 2018, 5.00% 5/15/2033  | USD<br> 635<br>| $650 |
| City of Salem, Hospital Fac. Auth., Rev. Bonds (Capital Manor Project), Series 2018, 5.00% 5/15/2048  | 135 | 130 |
| City of Salem, Hospital Fac. Auth., Rev. Bonds (Capital Manor Project), Series 2018, 5.00% 5/15/2053  | 1350 | 1275 |
|  |  | 10881 |
| **Pennsylvania 3.53%** | **Pennsylvania 3.53%** | **Pennsylvania 3.53%** |
| County of Allegheny, Hospital Dev. Auth., Rev. Bonds (University of Pittsburgh Medical Center Issue), Series 2007-A-1, <br> (3-month USD CME Term SOFR x 0.67 + 0.82%) 3.577% 2/1/2037 <sup>(b)</sup>  | 380 | 380 |
| Allentown City School Dist., Unlimited Tax GO Bonds, Series 2018, BAM, 5.00% 2/1/2028  | 245 | 255 |
| City of Allentown, Neighborhood Improvement Zone Dev. Auth., Tax Rev. Bonds (City Center Project), Series 2018, <br> 5.00% 5/1/2042 <sup>(a)</sup>  | 165 | 166 |
| City of Allentown, Neighborhood Improvement Zone Dev. Auth., Tax Rev. Bonds (City Center Project), Series 2024, <br> 5.375% 5/1/2042 <sup>(a)</sup>  | 430 | 435 |
| City of Allentown, Neighborhood Improvement Zone Dev. Auth., Tax Rev. Bonds (City Center Project), Series 2025, <br> 5.50% 5/1/2042 <sup>(a)</sup>  | 515 | 558 |
| City of Allentown, Neighborhood Improvement Zone Dev. Auth., Tax Rev. Bonds (Waterfront - 30 E. Allen Street <br> Project), Series 2024-A, 5.25% 5/1/2042 <sup>(a)</sup>  | 195 | 197 |
| City of Allentown, Neighborhood Improvement Zone Dev. Auth., Tax Rev. Bonds (Waterfront - 30 E. Allen Street <br> Project), Series 2024-B, 6.00% 5/1/2042 <sup>(a)</sup>  | 435 | 444 |
| City of Allentown, Neighborhood Improvement Zone Dev. Auth., Tax Rev. Ref. Bonds, Series 2022, 5.00% 5/1/2042  | 110 | 114 |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), Series 2024-A-3, 5.00% 6/30/2039  | 2964 | 2671 |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), Series 2024-A-4, 7.00% 6/30/2039  | 4449 | 3585 |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), CAB, Series 2024-B-2, 0% 6/30/2044 (8.00% on <br> 11/15/2029) <sup>(d)</sup>  | 2369 | 1213 |
| County of Berks, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (The Highlands at Wyomissing), Series 2017-C, <br> 5.00% 5/15/2042  | 165 | 166 |
| County of Berks, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (The Highlands at Wyomissing), Series 2017-A, <br> 5.00% 5/15/2047  | 150 | 146 |
| County of Berks, Municipal Auth., Rev. Bonds (Tower Health Project), Series 2024-A-2, 6.00% 6/30/2034  | 618 | 664 |
| County of Berks, Municipal Auth., Rev. Bonds (Tower Health Project), Series 2024-A-1, 8.00% 6/30/2034  | 2005 | 2012 |
| County of Bucks, Industrial Dev. Auth., Hospital Rev. Bonds (Grand View Hospital), Series 2021, 4.00% 7/1/2051  | 360 | 302 |
| County of Bucks, Industrial Dev. Auth., Hospital Rev. Bonds (St. Luke's University Health Network Project), Series 2019, <br> 4.00% 8/15/2050  | 1390 | 1198 |
| County of Chester, Industrial Dev. Auth., Rev. Bonds (Avon Grove Charter School Project), Series 2017-A, 5.00% <br> 12/15/2047  | 140 | 135 |
| County of Chester, Industrial Dev. Auth., Rev. Bonds (Avon Grove Charter School Project), Series 2017-A, 5.00% <br> 12/15/2051  | 70 | 66 |
| County of Chester, Industrial Dev. Auth., Rev. Bonds (Woodlands Greystone Project), Series 2018, 5.00% 3/1/2038 <sup>(a)</sup>  | 436 | 439 |
| County of Chester, Industrial Dev. Auth., Rev. Bonds (Woodlands Greystone Project), Series 2018, 5.125% 3/1/2048 <sup>(a)</sup>  | 459 | 451 |
| County of Chester, Industrial Dev. Auth., Rev. Notes (Avon Grove Charter School Project), Series 2024, 5.00% 3/1/2027  | 250 | 252 |
| County of Crawford, Hospital Auth., Rev. Bonds (Meadville Medical Center Project), Series 2016-A, 6.00% 6/1/2036  | 190 | 191 |
| County of Crawford, Hospital Auth., Rev. Bonds (Meadville Medical Center Project), Series 2016-A, 6.00% 6/1/2046  | 845 | 847 |
| County of Crawford, Hospital Auth., Rev. Bonds (Meadville Medical Center Project), Series 2016-A, 6.00% 6/1/2051  | 760 | 761 |
| County of Cumberland, Municipal Auth., Rev. Bonds (Diakon Lutheran Social Ministries Project), Series 2016, 5.00% <br> 1/1/2030  | 110 | 110 |
| County of Cumberland, Municipal Auth., Rev. Bonds (Diakon Lutheran Social Ministries Project), Series 2016, 5.00% <br> 1/1/2033  | 180 | 180 |
| County of Cumberland, Municipal Auth., Rev. Ref. Bonds (Asbury Pennsylvania Obligated Group), Series 2019, 3.375% <br> 1/1/2029  | 370 | 363 |
| County of Cumberland, Municipal Auth., Rev. Ref. Bonds (Asbury Pennsylvania Obligated Group), Series 2019, 5.00% <br> 1/1/2029  | 1015 | 1041 |
| County of Cumberland, Municipal Auth., Rev. Ref. Bonds (Asbury Pennsylvania Obligated Group), Series 2019, 5.00% <br> 1/1/2034  | 495 | 505 |
| County of Cumberland, Municipal Auth., Rev. Ref. Bonds (Asbury Pennsylvania Obligated Group), Series 2019, 5.00% <br> 1/1/2039  | 440 | 443 |
| County of Cumberland, Municipal Auth., Rev. Ref. Bonds (Asbury Pennsylvania Obligated Group), Series 2019, 5.00% <br> 1/1/2045  | 125 | 119 |
| County of Dauphin, General Auth., Health System Rev. Bonds (Pinnacle Health System Project), Series 2016-A, 5.00% <br> 6/1/2034  | 125 | 126 |
| County of Dauphin, General Auth., Health System Rev. Bonds (Pinnacle Health System Project), Series 2016-A, 5.00% <br> 6/1/2036  | 50 | 50 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2024, 5.00% 7/1/2031 <sup>(a)</sup>  | 195 | 207 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **166** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2024, 5.375% 7/1/2039 <sup>(a)</sup>  | USD<br> 305<br>| $336 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2016-A, 5.00% 7/1/2041  | 675 | 678 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2016-A, 5.00% 7/1/2041 (preref. <br> 7/1/2026)  | 160 | 162 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2019-A, 4.00% 7/1/2045  | 380 | 356 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2019-A, 4.00% 7/1/2045 (preref. <br> 7/1/2029)  | 85 | 88 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2016-A, 5.00% 7/1/2046  | 720 | 722 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2016-A, 5.00% 7/1/2046 (preref. <br> 7/1/2026)  | 140 | 141 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2019-A, 5.00% 7/1/2049  | 315 | 320 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2019-A, 5.00% 7/1/2049 (preref. <br> 7/1/2029)  | 65 | 70 |
| City of Dubois, Hospital Auth., Hospital Rev. Bonds (Penn Highlands Healthcare), Series 2021, 5.00% 7/15/2032  | 65 | 66 |
| City of Dubois, Hospital Auth., Hospital Rev. Bonds (Penn Highlands Healthcare), Series 2018, 4.00% 7/15/2048  | 1325 | 1004 |
| City of Dubois, Hospital Auth., Hospital Rev. Bonds (Penn Highlands Healthcare), Series 2020, 4.00% 7/15/2050  | 150 | 112 |
| City of Dubois, Hospital Auth., Hospital Rev. Bonds (Penn Highlands Healthcare), Series 2021, 4.00% 7/15/2051  | 375 | 276 |
| Econ. Dev. Fncg. Auth., Exempt Facs. Rev. Ref. Bonds (National Gypsum Co.), Series 2014, AMT, 5.50% 11/1/2044  | 485 | 485 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Penndot Major Bridges Package One Project), Series 2022, <br> AMT, 5.25% 6/30/2035  | 280 | 308 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Penndot Major Bridges Package One Project), Series 2022, <br> AMT, 5.25% 6/30/2053  | 90 | 91 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2026  | 250 | 252 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2029  | 550 | 553 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2034  | 8840 | 8881 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 6/30/2042  | 355 | 355 |
| Econ. Dev. Fncg. Auth., Rev. Bonds (Presbyterian Senior Living Project), Series 2023-B-2, 5.25% 7/1/2046  | 125 | 126 |
| Econ. Dev. Fncg. Auth., Rev. Bonds (Presbyterian Senior Living Project), Series 2023-B-1, 5.25% 7/1/2049  | 600 | 602 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Facs. Rev. Bonds (Core Natural Resources, Inc. Project), Series 2025, AMT, <br> 5.45% 1/1/2051 (put 3/27/2035) <sup>(a)</sup>  | 1025 | 1092 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Noble Environmental, Inc. Project), Series 2025, AMT, 6.875% <br> 9/1/2047 <sup>(a)</sup>  | 1230 | 1276 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2021-A-2, AMT, <br> 4.60% 10/1/2046 (put 10/1/2026)  | 860 | 863 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Green Bonds (Covanta Project), Series 2019, AMT, 3.25% <br>8/1/2039 <sup>(a)</sup>  | 1190 | 939 |
| Econ. Dev. Fncg. Auth., UPMC Rev. Bonds, Series 2021-A, 3.00% 10/15/2046  | 1000 | 750 |
| County of Franklin, Industrial Dev. Auth., Rev. Bonds (Menno-Haven, Inc. Project), Series 2018, 5.00% 12/1/2043  | 120 | 115 |
| County of Franklin, Industrial Dev. Auth., Rev. Bonds (Menno-Haven, Inc. Project), Series 2018, 5.00% 12/1/2048  | 140 | 127 |
| Health and Education Facs. Auth., Rev. Bonds (Tel Hai Retirement Community Project), Series 2025, 5.00% 6/1/2035  | 580 | 633 |
| Health and Education Facs. Auth., Rev. Bonds (Tel Hai Retirement Community Project), Series 2025, 5.125% 6/1/2046  | 1045 | 1056 |
| Health and Education Facs. Auth., Rev. Bonds (Tel Hai Retirement Community Project), Series 2025, 5.25% 6/1/2055  | 950 | 956 |
| Health and Educational Facs. Auth., Health System Rev. Bonds (Mainline Health System), Series 2020-A, 4.00% <br> 9/1/2050  | 165 | 147 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2021-A, AMT, 5.00% 6/1/2028  | 60 | 62 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 5.00% 6/1/2031  | 200 | 213 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 5.00% 6/1/2033  | 100 | 108 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2020, 2.45% 6/1/2041  | 255 | 234 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.625% 6/1/2042  | 815 | 739 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.50% 6/1/2043  | 85 | 86 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.00% 6/1/2044  | 525 | 519 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 4.125% 6/1/2045  | 204 | 201 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 4.75% 6/1/2046  | 641 | 634 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2021-B, AMT, 3.125% 6/1/2048  | 105 | 75 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2023-B, AMT, 5.00% 6/1/2050  | 140 | 135 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1C, AMT, 5.50% 6/1/2052  | 3016 | 3066 |
| Higher Education Facs. Auth., Rev. Bonds (University of the Sciences in Philadelphia), Series 2015-A, 3.00% 11/1/2028  | 55 | 53 |
| Higher Educational Facs. Auth., Student Housing Rev. Bonds (University Properties, Inc. Student Housing Project at East <br> Stroudsburg University of Pennsylvania), Series 2016-A, 5.00% 7/1/2026  | 55 | 55 |

---

---

| | |
|:---|:---|
| **167** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| Higher Educational Facs. Auth., Student Housing Rev. Bonds (University Properties, Inc. Student Housing Project at East <br> Stroudsburg University of Pennsylvania), Series 2016-A, 5.00% 7/1/2031  | USD<br> 145<br>| $145 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2019-128-A, AMT, 4.75% 4/1/2033  | 15 | 15 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2017-124-A, AMT, 4.00% 10/1/2038  | 5 | 5 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2017-125-B, 3.65% 10/1/2042  | 125 | 117 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2019-131-A, 3.50% 4/1/2049  | 35 | 35 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2022-140-A, 5.00% 10/1/2052  | 550 | 571 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-144A, 6.00% 10/1/2054  | 695 | 752 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-145A, 6.00% 10/1/2054  | 315 | 342 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2025-150-A, 6.25% 10/1/2055  | 1515 | 1717 |
| City of Lancaster, Industrial Dev. Auth., Health Center Rev. Ref. Bonds (Landis Homes Retirement Community Project), <br> Series 2021, 4.00% 7/1/2037  | 40 | 40 |
| City of Lancaster, Industrial Dev. Auth., Health Center Rev. Ref. Bonds (Landis Homes Retirement Community Project), <br> Series 2021, 4.00% 7/1/2046  | 75 | 64 |
| City of Lancaster, Industrial Dev. Auth., Health Center Rev. Ref. Bonds (Landis Homes Retirement Community Project), <br> Series 2021, 4.00% 7/1/2051  | 235 | 192 |
| City of Lancaster, Industrial Dev. Auth., Health Center Rev. Ref. Bonds (Landis Homes Retirement Community Project), <br> Series 2021, 4.00% 7/1/2056  | 320 | 254 |
| County of Lancaster, Hospital Auth., Health Center Rev. Bonds (Brethren Village Project), Series 2017, 5.00% 7/1/2030  | 35 | 35 |
| County of Lancaster, Hospital Auth., Healthcare Facs. Rev. Bonds (Moravian Manors, Inc. Project), Series 2019-A, 5.00% <br> 6/15/2044  | 30 | 28 |
| Lancaster County, Hospital Auth., Health Center Rev. Bonds (Brethren Village Project), Series 2017, 5.125% 7/1/2037  | 900 | 902 |
| County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh Valley), Series 2024-A, 5.10% 6/15/2039 <sup>(g)</sup>  | 2260 | 2279 |
| County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh Valley), Series 2024-B, 8.00% 6/15/2039 <sup>(g)</sup>  | 1440 | 1465 |
| County of Montgomery, Higher Education and Health Auth., Rev. Bonds (Thomas Jefferson University), Series 2022-B, <br> 5.00% 5/1/2047  | 220 | 223 |
| County of Montgomery, Higher Education and Health Auth., Rev. Bonds (Thomas Jefferson University), Series 2018-A, <br> 4.00% 9/1/2049  | 110 | 95 |
| County of Montgomery, Higher Education and Health Auth., Rev. Bonds (Thomas Jefferson University), Series 2019, <br> 5.00% 9/1/2051  | 135 | 135 |
| County of Montgomery, Higher Education and Health Auth., Rev. Bonds (Thomas Jefferson University), Series 2022-B, <br> 4.00% 5/1/2052  | 275 | 234 |
| County of Montgomery, Higher Education and Health Auth., Rev. Ref. Bonds (Philadelphia Presbytery Homes, Inc. <br> Project), Series 2017, 5.00% 12/1/2032  | 40 | 41 |
| County of Montgomery, Higher Education and Health Auth., Rev. Ref. Bonds (Philadelphia Presbytery Homes, Inc. <br> Project), Series 2017, 5.00% 12/1/2037  | 385 | 390 |
| County of Montgomery, Higher Education and Health Auth., Rev. Ref. Bonds (Philadelphia Presbytery Homes, Inc. <br> Project), Series 2017, 5.00% 12/1/2047  | 720 | 694 |
| County of Montgomery, Higher Education and Health Auth., Rev. Ref. Bonds (Philadelphia Presbytery Homes, Inc. <br> Project), Series 2017, 4.00% 12/1/2048  | 470 | 389 |
| County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2016, 5.00% 11/15/2033  | 370 | 375 |
| County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2016, 5.00% 11/15/2036  | 2125 | 2147 |
| County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2025-A, 5.00% 11/15/2042  | 445 | 462 |
| County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2025-A, 5.00% 11/15/2049  | 445 | 446 |
| County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2025-A, 5.00% 11/15/2055  | 390 | 386 |
| County of Montgomery, Industrial Dev. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2020-C, 4.00% <br> 11/15/2043  | 210 | 195 |
| County of Montgomery, Industrial Dev. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2020-C, 5.00% <br> 11/15/2045  | 340 | 343 |
| County of Montgomery, Industrial Dev. Auth., Rev. Bonds (Waverly Heights, Ltd.), Series 2019, 5.00% 12/1/2044  | 140 | 140 |
| County of Northampton, Industrial Dev. Auth., Rev. Bonds (Morningstar Senior Living, Inc.), Series 2019, 5.00% <br> 11/1/2039  | 165 | 164 |
| Pennsylvania State University Bonds, Series 2025-A, 5.25% 9/1/2050  | 5000 | 5378 |
| Pennsylvania State University Bonds, Series 2025-A, 5.50% 9/1/2055  | 4425 | 4824 |
| City of Philadelphia, Hospitals and Higher Education Facs. Auth., Hospital Rev. Bonds (Temple University Health <br> System Obligated Group), Series 2017, 5.00% 7/1/2033  | 210 | 213 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (First Philadelphia Preparatory Charter School <br> Project), Series 2024, 4.50% 6/15/2029 <sup>(a)</sup>  | 135 | 136 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **168** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (First Philadelphia Preparatory Charter School <br> Project), Series 2024, 4.50% 6/15/2034 <sup>(a)</sup>  | USD<br> 210<br>| $212 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (First Philadelphia Preparatory Charter School <br> Project), Series 2024, 5.00% 6/15/2039 <sup>(a)</sup>  | 165 | 168 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (First Philadelphia Preparatory Charter School <br> Project), Series 2024, 5.00% 6/15/2043 <sup>(a)</sup>  | 145 | 143 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (Mast Community Charter School II Project), <br> Series 2020-A, 5.00% 8/1/2050  | 115 | 113 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (Mast Community Charter School III Project), <br> Series 2021, 5.00% 8/1/2030  | 195 | 201 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (Mast Community Charter School III Project), <br> Series 2021, 5.00% 8/1/2040  | 465 | 470 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (Mast Community Charter School III Project), <br> Series 2021, 5.00% 8/1/2050  | 960 | 910 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (Mast Community Charter School III Project), <br> Series 2021, 5.00% 8/1/2054  | 830 | 781 |
| City of Philadelphia, Industrial Dev. Auth., Rev. Bonds (Independence Charter School West), Series 2019, 5.00% <br> 6/15/2050  | 165 | 143 |
| City of Philadelphia, Industrial Dev. Auth., Rev. Bonds (University of the Sciences), Series 2017, 5.00% 11/1/2047  | 670 | 651 |
| Philadelphia School Dist., GO Bonds, Series 2016-F, 5.00% 9/1/2036  | 1000 | 1012 |
| Philadelphia School Dist., GO Bonds, Series 2016-F, 5.00% 9/1/2037  | 165 | 167 |
| Philadelphia School Dist., GO Bonds, Series 2016-F, 5.00% 9/1/2038  | 1000 | 1011 |
| Philadelphia School Dist., GO Bonds, Series 2018-A, AGI, 5.00% 9/1/2038  | 100 | 104 |
| Philadelphia School Dist., GO Rev. Ref. Bonds, Series 2007-A, FGIC-NATL, 5.00% 6/1/2034  | 295 | 336 |
| Quakertown, General Auth. Special Assessment Obligation Rev. Bonds (Milford Village Project), Series 2025, 6.50% <br> 3/1/2055 <sup>(a)</sup>  | 780 | 801 |
| Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2017, AMT, 5.00% 1/1/2035  | 615 | 622 |
| Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2017, AMT, 5.00% 1/1/2038  | 875 | 883 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home Project), <br> Series 2021-A, 4.00% 11/15/2026  | 15 | 15 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home Project), <br> Series 2021-A, 4.00% 11/15/2027  | 15 | 15 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home Project), <br> Series 2021-A, 4.00% 11/15/2028  | 10 | 10 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home Project), <br> Series 2021-A, 4.00% 11/15/2041  | 325 | 299 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home Project), <br> Series 2021-A, 4.00% 11/15/2046  | 120 | 101 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Pleasant View Retirement Community <br> Project), Series 2018, 5.00% 12/15/2038  | 55 | 55 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2021-A, 4.00% 12/1/2044  | 45 | 43 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2019-A, 5.00% 12/1/2044  | 385 | 400 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2019-A, 5.00% 12/1/2049  | 155 | 160 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2021-A, 4.00% 12/1/2050  | 110 | 102 |
| County of Washington, Redev. Auth., Redev. Rev. Ref. Bonds (Victory Centre Tax Increment Fncg. Project), Series 2018, <br> 5.00% 7/1/2028  | 50 | 50 |
| County of Westmoreland, Industrial Dev. Auth., Health System Rev. Bonds (Excela Health Project), Series 2020-A, 4.00% <br> 7/1/2037  | 350 | 340 |
| Wilkes-Barre Area School Dist., GO Bonds, Series 2019, BAM, 5.00% 4/15/2059  | 110 | 111 |
|  |  | 87707 |
| **Puerto Rico 5.43%** | **Puerto Rico 5.43%** | **Puerto Rico 5.43%** |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 5.00% 7/1/2033 <sup>(a)</sup>  | 445 | 466 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 5.00% 7/1/2037 <sup>(a)</sup>  | 445 | 460 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2022-A, 5.00% 7/1/2037 <sup>(a)</sup>  | 2245 | 2331 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-A, 4.00% 7/1/2042 <sup>(a)</sup>  | 945 | 894 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2042 <sup>(a)</sup>  | 5010 | 4741 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2022-A, 4.00% 7/1/2042 <sup>(a)</sup>  | 2380 | 2252 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2047 <sup>(a)</sup>  | 1795 | 1589 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2047 <sup>(a)</sup>  | 8000 | 7849 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2018 <sup>(f)</sup>  | 120 | 80 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2018 <sup>(f)</sup>  | 825 | 551 |

---

---

| | |
|:---|:---|
| **169** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Puerto Rico (continued)** | **Puerto Rico (continued)** | **Puerto Rico (continued)** |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2021 <sup>(f)</sup>  | USD<br> 55<br>| $37 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2023 <sup>(f)</sup>  | 30 | 20 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.25% 7/1/2025 <sup>(f)</sup>  | 2615 | 1746 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-UU, AGI, 5.00% 7/1/2026  | 1000 | 1004 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.25% 7/1/2026 <sup>(f)</sup>  | 2430 | 1628 |
| Electric Power Auth., Power Rev. Bonds, Series 2005-RR, AGI, 5.00% 7/1/2028  | 400 | 400 |
| Electric Power Auth., Power Rev. Bonds, Series 2005-SS, AGI, 5.00% 7/1/2030  | 20 | 20 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(f)</sup>  | 4350 | 2914 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, NATL, 4.75% 7/1/2033  | 235 | 231 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.25% 7/1/2033 <sup>(f)</sup>  | 3900 | 2613 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2037 <sup>(f)</sup>  | 6065 | 4064 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(f)</sup>  | 4955 | 3320 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(f)</sup>  | 2885 | 1933 |
| Electric Power Auth., Power Rev. Custodial Receipts, Series 2025-PRB-RR, 0% 7/1/2030 <sup>(a)</sup>  | 250 | 163 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, AGI, 3.469% 7/1/2017 <sup>(d)(f)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 3.625% 7/1/2021 <sup>(f)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(f)</sup>  | 500 | 334 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, AGI, (3-month USD CME Term SOFR x 0.67 + 0.52%) <br> 3.359% 7/1/2029 <sup>(b)</sup>  | 1650 | 1600 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-VV, NATL, 5.25% 7/1/2030  | 50 | 51 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2008-WW, 5.50% 7/1/2038 <sup>(f)</sup>  | 2075 | 1390 |
| GO Restructured Bonds, Series 2022-A-1, 5.625% 7/1/2027  | 554 | 566 |
| GO Restructured Bonds, Series 2022-A-1, 5.625% 7/1/2029  | 924 | 979 |
| GO Restructured Bonds, Series 2022-A-1, 5.75% 7/1/2031  | 715 | 786 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2033  | 685 | 685 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2035  | 1107 | 1089 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2037  | 2006 | 1946 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2041  | 7322 | 6777 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2046  | 2481 | 2168 |
| GO Restructured Bonds, CAB, Series 2022-A-1, 0% 7/1/2033  | 1111 | 805 |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(b)</sup>  | 36105 | 23153 |
| GO Taxable Bonds, Series 2022, 5.25% 11/1/2051 <sup>(b)</sup>  | 9116 | 3088 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 31070 | 20351 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. <br> Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 10/1/2031  | 145 | 145 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. <br> Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.00% 10/1/2026  | 95 | 95 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. <br> Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.125% 10/1/2027  | 110 | 109 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. <br> Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.375% 10/1/2031  | 175 | 173 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. <br> Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 10/1/2042  | 185 | 176 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Bonds <br> (Inter American University of Puerto Rico Project), Series 2019, 5.00% 10/1/2026  | 210 | 213 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Bonds <br> (Inter American University of Puerto Rico Project), Series 2019, 5.00% 10/1/2027  | 210 | 216 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Bonds <br> (Inter American University of Puerto Rico Project), Series 2019, 5.00% 10/1/2028 <sup>(a)</sup>  | 235 | 246 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Bonds <br> (Inter American University of Puerto Rico Project), Series 2004, NATL, 4.50% 10/1/2029  | 250 | 250 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Bonds <br> (Inter American University of Puerto Rico Project), Series 2019, 5.00% 10/1/2034  | 255 | 269 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Bonds <br> (Inter American University of Puerto Rico Project), Series 2019, 5.00% 10/1/2044  | 295 | 301 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds <br> (Hospital Auxilio Mutuo Obligated Group Project), Series 2021, 5.00% 7/1/2031  | 65 | 70 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds <br> (Hospital Auxilio Mutuo Obligated Group Project), Series 2021, 4.00% 7/1/2038  | 60 | 57 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2018-A-1, 4.55% 7/1/2040  | 219 | 219 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2018-A-1, 4.75% 7/1/2053  | 2311 | 2182 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, CAB, Series 2007-A, Class 2, 0% 8/1/2047 <sup>(b)</sup>  | 202 | 64 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, CAB, Series 2007-A, Class 2, 0% 8/1/2054 <sup>(b)</sup>  | 2358 | 494 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **170** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Puerto Rico (continued)** | **Puerto Rico (continued)** | **Puerto Rico (continued)** |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | USD<br> 5,499<br>| $5387 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 1352 | 1324 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.784% 7/1/2058  | 6120 | 5724 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2018-A-1, 5.00% 7/1/2058  | 3783 | 3648 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2029  | 54 | 48 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2031  | 72 | 59 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-B-1, 0% 7/1/2046  | 333 | 112 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2046  | 18398 | 6182 |
|  |  | 134843 |
| **Rhode Island 0.43%** | **Rhode Island 0.43%** | **Rhode Island 0.43%** |
| Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 7/1/2030  | 50 | 50 |
| Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 7/1/2041  | 55 | 55 |
| Health and Educational Building Corp., Educational Institution Rev. Bonds (St. George's School Issue), Series 2021, <br> 4.00% 10/1/2046  | 30 | 28 |
| Health and Educational Building Corp., Educational Institution Rev. Bonds (St. George's School Issue), Series 2021, <br> 4.00% 10/1/2051  | 85 | 76 |
| Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Lifespan Obligated Group Issue), Series 2024, <br> 5.25% 5/15/2049  | 550 | 558 |
| Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Lifespan Obligated Group Issue), Series 2024, <br> 5.25% 5/15/2054  | 3165 | 3202 |
| Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, <br> 5.00% 5/15/2034  | 345 | 346 |
| Housing and Mortgage Fin. Corp., Multi Family Dev. Green Bonds, Series 2024-1-A, FHA, 3.60% 10/1/2054 (put <br> 10/1/2027)  | 245 | 245 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2021-A, AMT, 5.00% 12/1/2029  | 185 | 196 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.25% 12/1/2039  | 760 | 674 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.125% 12/1/2041  | 245 | 242 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2023-A, AMT, 4.125% 12/1/2042  | 805 | 792 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-A, AMT, 4.125% 12/1/2043  | 305 | 298 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.125% 12/1/2043  | 455 | 441 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2025-1, AMT, 5.00% 12/1/2044  | 300 | 302 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2019-A, AMT, 5.00% 12/1/2026  | 250 | 253 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2018-A, AMT, 3.50% 12/1/2034  | 445 | 442 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2019-A, AMT, 2.875% 12/1/2035  | 215 | 213 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2020-A, AMT, 3.625% 12/1/2037  | 2365 | 2336 |
|  |  | 10749 |
| **South Carolina 1.46%** | **South Carolina 1.46%** | **South Carolina 1.46%** |
| Connector 2000 Assn., Inc., Toll Road Rev. Bonds, CAB, Series 2011-A-1, 0% 1/1/2032  | 857 | 614 |
| Connector 2000 Assn., Inc., Toll Road Rev. Bonds, CAB, Series 2011-A-1, 0% 1/1/2042  | 8643 | 3026 |
| Connector 2000 Assn., Inc., Toll Road Rev. Bonds, CAB, Series 2011-A-1, 0% 7/22/2051  | 208 | 33 |
| County of Dorchester, Summers Corner Improvement Dist., Assessment Rev. Bonds, Series 2023, 5.25% 10/1/2043  | 175 | 174 |
| County of Dorchester, Summers Corner Improvement Dist., Assessment Rev. Bonds, Series 2023, 5.50% 10/1/2051  | 255 | 250 |
| Fin. Auth., Single Family Mortgage Bonds (Mortgage-Backed Securities Program), Series 2021-D, 3.00% 7/1/2051  | 75 | 74 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2016-B-2, AMT, 4.00% 7/1/2043  | 5 | 5 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2022-B, 5.00% 1/1/2052  | 410 | 428 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2023-B, 6.00% 1/1/2054  | 340 | 372 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-A, 6.25% 7/1/2054  | 980 | 1086 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-B, 6.00% 1/1/2055  | 420 | 465 |
| Jobs-Econ. Dev. Auth., Econ. Dev. Rev. Bonds (Bishop Gadsden Episcopal Retirement Community), Series 2025, 5.25% <br> 4/1/2051  | 700 | 697 |
| Jobs-Econ. Dev. Auth., Econ. Dev. Rev. Bonds (Bishop Gadsden Episcopal Retirement Community), Series 2019-A, <br> 5.00% 4/1/2054  | 280 | 267 |
| Jobs-Econ. Dev. Auth., Econ. Dev. Rev. Bonds (The Woodlands at Furman Project), Series 2020-A, 5.00% 11/15/2042  | 195 | 195 |
| Jobs-Econ. Dev. Auth., Econ. Dev. Rev. Bonds (The Woodlands at Furman Project), Series 2020-A, 5.00% 11/15/2054  | 425 | 389 |
| Jobs-Econ. Dev. Auth., Econ. Dev. Rev. Bonds (Wesley Commons Project), Series 2025-A, 5.625% 10/1/2060  | 875 | 858 |
| Jobs-Econ. Dev. Auth., Educational Facs. Rev. Bonds (Riverwalk Academy Project), Series 2023-A, 7.125% 6/15/2053 <sup>(a)</sup>  | 435 | 441 |
| Jobs-Econ. Dev. Auth., Educational Facs. Rev. Bonds (Riverwalk Academy Project), Series 2023-A, 7.25% 6/15/2058 <sup>(a)</sup>  | 325 | 329 |
| Jobs-Econ. Dev. Auth., Educational Facs. Rev. Ref. Bonds (Green Charter School), Series 2021-A, 4.00% 6/1/2046 <sup>(a)</sup>  | 170 | 124 |
| Jobs-Econ. Dev. Auth., Educational Facs. Rev. Ref. Bonds (Green Charter School), Series 2021-A, 4.00% 6/1/2056 <sup>(a)</sup>  | 340 | 229 |

---

---

| | |
|:---|:---|
| **171** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **South Carolina (continued)** | **South Carolina (continued)** | **South Carolina (continued)** |
| Jobs-Econ. Dev. Auth., First Mortgage Health Care Facs. Rev. Ref. Bonds (The Lutheran Homes of South Carolina, Inc.), <br> Series 2017, 5.00% 5/1/2042  | USD<br> 205<br>| $185 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (Rolling Green Village Project), Series 2025-B, 5.80% <br> 12/1/2050  | 365 | 369 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (Rolling Green Village Project), Series 2025-A, 5.75% <br> 12/1/2060  | 570 | 564 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2045  | 200 | 218 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2046  | 330 | 356 |
| Jobs-Econ. Dev. Auth., Health Facs. Rev. Ref. Bonds (Wesley Commons), Series 2016, 5.00% 10/1/2036 <sup>(a)</sup>  | 225 | 226 |
| Jobs-Econ. Dev. Auth., Health Facs. Rev. Ref. Bonds (Wesley Commons), Series 2016, 5.00% 10/1/2041 <sup>(a)</sup>  | 940 | 921 |
| Jobs-Econ. Dev. Auth., Residential Facs. Rev. Bonds (Episcopal Home Still Hopes), Series 2017, 5.00% 4/1/2052  | 280 | 258 |
| Jobs-Econ. Dev. Auth., Residential Facs. Rev. Ref. Bonds (Episcopal Home Still Hopes), Series 2018-A, 5.00% 4/1/2032  | 235 | 237 |
| Jobs-Econ. Dev. Auth., Residential Facs. Rev. Ref. Bonds (Episcopal Home Still Hopes), Series 2018-A, 5.00% 4/1/2038  | 265 | 266 |
| Jobs-Econ. Dev. Auth., Retirement Community Rev. Bonds (Seafields at Kiawah Island Project), Series 2023-B-1, 5.75% <br> 11/15/2029  | 2560 | 2560 |
| Jobs-Econ. Dev. Auth., Retirement Community Rev. Bonds (Seafields at Kiawah Island Project), Series 2023-A, 7.50% <br> 11/15/2053  | 1135 | 1201 |
| Jobs-Econ. Dev. Auth., Retirement Community Rev. Bonds (Seafields at Kiawah Island Project), Series 2023-A, 7.75% <br> 11/15/2058  | 710 | 759 |
| Patriots Energy Group Fncg. Agcy., Gas Supply Rev. Bonds, Series 2023-B-1, 5.25% 2/1/2054 (put 3/1/2031)  | 255 | 276 |
| Public Service Auth., Rev. Improvement Obligations, Series 2022-B, BAM, 4.00% 12/1/2055  | 8485 | 7743 |
| Public Service Auth., Rev. Improvement Obligations (Santee Cooper), Series 2025-A, 5.00% 12/1/2055  | 500 | 511 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 12/1/2035  | 130 | 132 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 12/1/2041  | 8330 | 8401 |
| Public Service Auth., Rev. Ref. and Improvement Obligations (Santee Cooper), Series 2024-B, AGI, 5.00% 12/1/2054  | 570 | 591 |
| Public Service Auth., Rev. Ref. Obligations, Series 2016-A, 5.00% 12/1/2037  | 115 | 116 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 12/1/2031  | 115 | 117 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2015-A, 5.00% 12/1/2034  | 115 | 116 |
| County of Richland, The Village at Sandhill Improvement Dist., Rev. Ref. Assessment Bonds, Series 2021, 3.75% <br> 11/1/2036 <sup>(a)</sup>  | 155 | 132 |
|  |  | 36311 |
| **South Dakota 0.06%** | **South Dakota 0.06%** | **South Dakota 0.06%** |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2021-A, 3.00% 11/1/2051  | 85 | 84 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2024-A, 6.25% 5/1/2055  | 140 | 153 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2024-C, 6.25% 11/1/2055  | 565 | 633 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2025-A, 6.50% 11/1/2055  | 450 | 512 |
|  |  | 1382 |
| **Tennessee 0.45%** | **Tennessee 0.45%** | **Tennessee 0.45%** |
| Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Multi Family <br> Rev. Bonds (Artist Lofts), Series 2025, 3.20% 12/1/2059 (put 12/1/2029)  | 2000 | 2006 |
| Health and Educational Facs. Board, Rev. Bonds (Ascension Senior Credit Group), Series 2025-B-1, 5.00% 11/15/2048 <br> (put 2/1/2028)  | 2655 | 2904 |
| County of Knox, Health, Educational and Housing Fac. Board, Student Housing Rev Bonds (Provident Group - UTK <br> Properties, LLC. - University of Tennessee Project), Series 2024-A-1, BAM, 5.50% 7/1/2054  | 45 | 47 |
| County of Knox, Health, Educational and Housing Fac. Board, Student Housing Rev Bonds (Provident Group - UTK <br> Properties, LLC. - University of Tennessee Project), Series 2024-B-1, BAM, 5.25% 7/1/2064  | 2055 | 2107 |
| Metropolitan Dev. and Housing Agcy., Tennessee Tax Increment Rev. Bonds (Fifth & Broadway Dev. Project), Series <br> 2018, 5.125% 6/1/2036 <sup>(a)</sup>  | 250 | 254 |
| Metropolitan Government of Nashville and Davidson County, Industrial Dev. Board, Housing Rev. Bonds (Trinity Lane <br> Apartments Project), Series 2025, 3.15% 7/1/2044 (put 7/1/2029)  | 740 | 743 |
| Metropolitan Government of Nashville and Davidson County, Industrial Dev. Board, Special Assessment Rev. Bonds <br> (South Nashville Central Business Improvement Dist.), Series 2021-A, 4.00% 6/1/2051 <sup>(a)</sup>  | 1770 | 1523 |
| Metropolitan Government of Nashville and Davidson County, Industrial Dev. Board, Special Assessment Rev. Bonds <br> (South Nashville Central Business Improvement Dist.), CAB, Series 2021-B, 0% 6/1/2043 <sup>(a)</sup>  | 745 | 324 |
| Metropolitan Nashville Airport Auth., Airport Improvement Rev. Bonds, Series 2022-B, AMT, 5.50% 7/1/2042  | 100 | 107 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **172** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Tennessee (continued)** | **Tennessee (continued)** | **Tennessee (continued)** |
| Metropolitan Nashville Airport Auth., Airport Improvement Rev. Bonds, Series 2022-B, AMT, 5.00% 7/1/2052  | USD<br> 195<br>| $198 |
| Tennessee Energy Acquisition Corp., Commodity Project Rev. Bonds, Series 2021-A, 5.00% 5/1/2052 (put 11/1/2031)  | 855 | 914 |
| Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2023-A-1, 5.00% 5/1/2053 (put 5/1/2028)  | 145 | 149 |
|  |  | 11276 |
| **Texas 8.34%** | **Texas 8.34%** | **Texas 8.34%** |
| Airport System Facs. Rev. Bonds (United Airlines, Inc. Technical Operations Center Project), Series 2018, AMT, 5.00% <br> 7/15/2028  | 680 | 699 |
| Aldine Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2054  | 230 | 213 |
| Alvin Independent School Dist., Unlimited Tax Schoolhouse and Rev. Ref. Bonds, Series 2021, 3.00% 2/15/2039  | 265 | 243 |
| Arlington Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Legacy Traditional Schools - Texas Project), <br> Series 2021-A, 4.125% 2/15/2041  | 370 | 303 |
| Arlington Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Legacy Traditional Schools - Texas Project), <br> Series 2021-A, 4.375% 2/15/2051  | 810 | 589 |
| Arlington Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Legacy Traditional Schools - Texas Project), <br> Series 2021-A, 4.50% 2/15/2056  | 340 | 244 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Basis Texas Charter Schools, Inc.), Series 2024, 4.875% <br> 6/15/2054 <sup>(a)</sup>  | 150 | 135 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Basis Texas Charter Schools, Inc.), Series 2025, 5.75% <br> 6/15/2055 <sup>(a)</sup>  | 500 | 505 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Basis Texas Charter Schools, Inc.), Series 2024, 5.00% <br> 6/15/2064 <sup>(a)</sup>  | 215 | 193 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Basis Texas Charter Schools, Inc.), Series 2025, 5.875% <br> 6/15/2065 <sup>(a)</sup>  | 500 | 506 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 4.25% <br> 8/15/2034  | 125 | 125 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 4.75% <br> 8/15/2044  | 215 | 202 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 5.00% <br> 8/15/2049  | 55 | 52 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 5.00% <br> 8/15/2054  | 170 | 158 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Harmony Public Schools), Series 2024, 4.00% 2/15/2054  | 215 | 194 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (KIPP Texas, Inc.), Series 2019, 4.00% 8/15/2035  | 165 | 169 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (KIPP Texas, Inc.), Series 2019, 4.00% 8/15/2036  | 185 | 189 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (KIPP Texas, Inc.), Series 2019, 3.00% 8/15/2038  | 350 | 324 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Leadership Prep School), Series 2024, 4.00% 6/15/2049  | 60 | 54 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Leadership Prep School), Series 2024, 4.125% <br> 6/15/2054  | 45 | 41 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Legacy Traditional Schools - Texas Project), Series <br> 2022-A, 6.50% 2/15/2057 <sup>(a)</sup>  | 120 | 116 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Legacy Traditional Schools - Texas Project), Series <br> 2022-A, 6.75% 2/15/2062 <sup>(a)</sup>  | 605 | 604 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Newman International Academy), Series 2021-A, 5.00% <br> 8/15/2041  | 70 | 57 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (TGP Public Schools - The Gathering Place), Series <br> 2022-A, 5.75% 8/15/2062  | 100 | 52 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (UME Preparatory Academy), Series 2017-A, 5.00% <br> 8/15/2038  | 120 | 120 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (UME Preparatory Academy), Series 2017-A, 5.00% <br> 8/15/2048  | 300 | 282 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (UME Preparatory Academy), Series 2017-A, 5.00% <br> 8/15/2053  | 155 | 143 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 2.75% 12/1/2026  | 45 | 45 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 5.00% 12/1/2036  | 515 | 519 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 5.00% 12/1/2046  | 445 | 440 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 5.00% 12/1/2051  | 460 | 448 |
| Arlington Higher Education Fin. Corp., Education Rev. Ref. Bonds (Wayside Schools), Series 2021-A, 4.00% 8/15/2036  | 210 | 196 |
| Arlington Higher Education Fin. Corp., Education Rev. Ref. Bonds (Wayside Schools), Series 2021-A, 4.00% 8/15/2041  | 260 | 225 |
| Arlington Higher Education Fin. Corp., Education Rev. Ref. Bonds (Wayside Schools), Series 2021-A, 4.00% 8/15/2046  | 250 | 202 |
| City of Arlington, Special Tax Rev. Bonds, Series 2018-A, AGI, 5.00% 2/15/2043  | 90 | 92 |
| Aubrey Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 4.00% 2/15/2052  | 5000 | 4650 |

---

---

| | |
|:---|:---|
| **173** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| City of Austin, Airport System Rev. Ref. Bonds, Series 2025, AMT, 5.00% 11/15/2028  | USD<br> 135<br>| $142 |
| City of Austin, Airport System Rev. Ref. Bonds, Series 2025, AMT, 5.00% 11/15/2029  | 255 | 273 |
| City of Austin, Special Assessment Rev. Bonds (Whisper Valley Public Improvement Dist. Improvement Area #3), Series <br> 2024, 4.25% 11/1/2032 <sup>(a)</sup>  | 46 | 46 |
| City of Austin, Special Assessment Rev. Bonds (Whisper Valley Public Improvement Dist. Improvement Area #3), Series <br> 2024, 5.25% 11/1/2053 <sup>(a)</sup>  | 100 | 98 |
| City of Baytown, Municipal Dev. Dist., Hotel Rev. Bonds (Baytown Convention Center Hotel), Series 2021-A, 2.50% <br> 10/1/2031  | 210 | 189 |
| City of Baytown, Municipal Dev. Dist., Hotel Rev. Bonds (Baytown Convention Center Hotel), Series 2021-A, 4.00% <br> 10/1/2050  | 1210 | 965 |
| City of Baytown, Municipal Dev. Dist., Hotel Rev. Bonds (Baytown Convention Center Hotel), Series 2021-B, 5.00% <br> 10/1/2050 <sup>(a)</sup>  | 495 | 409 |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC Project), <br> Series 2022, AMT, 10.00% 6/1/2042 <sup>(a)(b)(f)</sup>  | 94 | 9 |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Gladieux Metals Recycling, LLC Project), <br> Series 2020, 8.50% 3/1/2039 <sup>(a)(f)</sup>  | 100 | 10 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2020-1-A, AMT, 2.35% 4/1/2040  | 10 | 10 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2020-1-B, AMT, 3.00% 4/1/2040  | 275 | 227 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2024-1-A, AMT, 4.00% 4/1/2045  | 570 | 519 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 4.50% 4/1/2046  | 700 | 713 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area No. 1), <br> Series 2025, 5.875% 9/1/2045 <sup>(a)</sup>  | 104 | 104 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area No. 1), <br> Series 2025, 6.00% 9/1/2055 <sup>(a)</sup>  | 236 | 233 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area Project), <br> Series 2025, 5.75% 9/1/2033 <sup>(a)</sup>  | 43 | 44 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area Project), <br> Series 2025, 6.625% 9/1/2045 <sup>(a)</sup>  | 440 | 440 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area Project), <br> Series 2025, 6.75% 9/1/2055 <sup>(a)</sup>  | 508 | 502 |
| Castleberry Independent School Dist., Unlimited Tax School Board Building Bonds, Series 2024-B, 4.00% 2/15/2049  | 500 | 473 |
| Cedar Hill Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2050  | 270 | 253 |
| Celina Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2054  | 1110 | 1029 |
| City of Celina, Special Assessment Rev. Bonds (Mosaic Public Improvement Dist. Improvement Area #2 Project), Series <br> 2024, 5.125% 9/1/2044 <sup>(a)</sup>  | 125 | 127 |
| City of Celina, Special Assessment Rev. Bonds (Mosaic Public Improvement Dist. Improvement Area #2 Project), Series <br> 2024, 5.50% 9/1/2054 <sup>(a)</sup>  | 100 | 102 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2016-B, 5.00% 8/15/2028  | 60 | 61 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2022-A, 4.00% 8/15/2047  | 65 | 58 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2022-A, 3.00% 8/15/2051  | 390 | 272 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2014-A, 4.50% 12/1/2044  | 390 | 365 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2014-A, 4.60% 12/1/2049  | 100 | 91 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2024-A, 5.00% 6/15/2034 <sup>(a)</sup>  | 40 | 40 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2023-A, 5.75% 6/15/2038 <sup>(a)</sup>  | 100 | 101 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2024-A, 5.75% 6/15/2044 <sup>(a)</sup>  | 145 | 138 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2023-A, 6.00% 6/15/2048 <sup>(a)</sup>  | 405 | 384 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2023-A, 6.25% 6/15/2053 <sup>(a)</sup>  | 370 | 356 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2024-A, 6.00% 6/15/2054 <sup>(a)</sup>  | 85 | 79 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Vanguard Academy, Inc.), Series 2021, 3.00% 8/15/2046  | 810 | 630 |
| Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (Idea Public Schools), Series 2024, 4.00% 8/15/2054  | 100 | 90 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series 2024, <br> 4.00% 2/15/2054  | 3000 | 2718 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 4.00% 2/15/2054  | 1260 | 1142 |
| Conroe Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 4.00% 2/15/2050  | 2015 | 1874 |
| Conroe Local Government Corp., Hotel Rev. Bonds (Conroe Convention Center Hotel), Series 2021-A, 2.50% <br> 10/1/2031  | 130 | 118 |
| Corpus Christi Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 4.00% 8/15/2047  | 110 | 104 |
| Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. and Improvement Bonds, Series <br> 2025-A, AMT, 5.00% 11/1/2031  | 5385 | 5905 |
| Dallas Area Rapid Transit Sales Tax Rev. Improvement and Rev. Ref. Bonds, Series 2021-B, 4.00% 12/1/2051  | 1555 | 1402 |
| County of Denton, Special Assessment Rev. Bonds (Duck Point Public Improvement Dist.), Series 2025, 5.625% <br> 12/31/2055 <sup>(a)</sup>  | 427 | 425 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **174** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major Improvement <br> Area Project), Series 2025, 5.375% 12/31/2045 <sup>(a)</sup>  | USD<br> 181<br>| $187 |
| County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major Improvement <br> Area Project), Series 2025, 5.875% 12/31/2045 <sup>(a)</sup>  | 254 | 262 |
| County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major Improvement <br> Area Project), Series 2025, 6.125% 12/31/2055 <sup>(a)</sup>  | 574 | 593 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-A, 5.25% 12/31/2044 <sup>(a)</sup>  | 169 | 169 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-B, 5.75% 12/31/2044 <sup>(a)</sup>  | 115 | 115 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-A, 5.625% 12/31/2054 <sup>(a)</sup>  | 228 | 228 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-B, 6.125% 12/31/2054 <sup>(a)</sup>  | 158 | 158 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Major Improvement Area <br> Project), Series 2024, 6.00% 12/31/2044 <sup>(a)</sup>  | 220 | 221 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Major Improvement Area <br> Project), Series 2024, 6.25% 12/31/2054 <sup>(a)</sup>  | 333 | 328 |
| Eagle Mountain-Saginaw Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% <br> 8/15/2054  | 4500 | 4156 |
| East Lake Houston Management Dist., Special Assessment Rev. Bonds (Crosby Terrace Improvement Area Project), <br> Series 2025-A, 7.50% 9/15/2055 <sup>(a)</sup>  | 2250 | 2260 |
| East Waller County Management Dist., Special Assessment Rev. Bonds (SOFI Lakes Sections 1 and 2 Project), Series <br> 2025, 6.00% 9/15/2045 <sup>(a)</sup>  | 120 | 123 |
| East Waller County Management Dist., Special Assessment Rev. Bonds (SOFI Lakes Sections 1 and 2 Project), Series <br> 2025, 6.25% 9/15/2055 <sup>(a)</sup>  | 246 | 252 |
| County of El Paso, Hospital Dist. GO Bonds, Series 2025, AGI, 5.50% 2/15/2055  | 435 | 460 |
| Forney Independent School Dist., Unlimited Tax School Building Bonds, Series 2022-A, 3.00% 8/15/2037  | 145 | 139 |
| Forney Independent School Dist., Unlimited Tax School Building Bonds, Series 2022-A, 3.00% 8/15/2038  | 200 | 189 |
| Fort Bend County Industrial Dev. Corp., Industrial Dev. Rev. Bonds (NRG Energy, Inc. Project), Series 2012-A, 4.75% <br> 5/1/2038  | 475 | 475 |
| Fort Bend County Industrial Dev. Corp., Industrial Dev. Rev. Bonds (NRG Energy, Inc. Project), Series 2012-B, 4.75% <br> 11/1/2042  | 540 | 540 |
| City of Friendswood, Special Assessment Rev. Bonds (Friendswood City Center Public Improvement Dist. Initial Major <br> Improvements Project), Series 2024, 7.00% 9/15/2054  | 605 | 608 |
| Galena Park Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 3.00% 8/15/2049  | 140 | 112 |
| County of Galveston, Municipal Utility Dist. No. 79, Unlimited Tax Bonds, Series 2024, 4.625% 4/1/2047  | 550 | 506 |
| Greenwood Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2054  | 2585 | 2396 |
| County of Harris, Permanent Improvement Tax and Rev. Certs. of Obligation, Series 2024, 5.00% 9/15/2054  | 310 | 324 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, Series 2024-B, AGI, 5.00% 11/15/2041  | 1450 | 1559 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, Series 2024-B, AGI, 5.00% 11/15/2042  | 140 | 149 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, Series 2020-A, AGI, 3.125% 11/15/2056  | 795 | 562 |
| County of Harris, Toll Road Rev. and Rev. Ref. Bonds, Series 2024-A, 4.00% 8/15/2054  | 410 | 365 |
| County of Harris, Unlimited Tax Road Rev. Ref. Bonds, Series 2024-A, 5.00% 9/15/2054  | 315 | 329 |
| Harris County Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2016, 5.00% 1/1/2037  | 330 | 330 |
| Harris County Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2013-A, 5.00% 1/1/2043  | 145 | 145 |
| Harris County Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2016, 5.00% 1/1/2048  | 5670 | 5442 |
| Harris County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Texas Children's Hospital), Series 2021-A, <br> 3.00% 10/1/2051  | 200 | 145 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2023-B, 6.00% 1/1/2054  | 450 | 494 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2024-A, 5.75% 7/1/2054  | 425 | 466 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2024-C, 6.00% 7/1/2054  | 1490 | 1649 |
| Dept. of Housing and Community Affairs, Single Family Mortgage Rev. Bonds, Series 2021-A, 3.00% 3/1/2052  | 310 | 305 |
| Dept. of Housing and Community Affairs, Single Family Mortgage Rev. Bonds, Series 2023-C, 6.00% 3/1/2054  | 155 | 170 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.25% 7/15/2033  | 2320 | 2491 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.25% 7/15/2034  | 5930 | 6382 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2035  | 3150 | 3472 |

---

---

| | |
|:---|:---|
| **175** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2036  | USD<br> 5,905<br>| $6456 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2037  | 2585 | 2811 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2038  | 1170 | 1265 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2039  | 3175 | 3410 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2021-A, <br> AMT, 4.00% 7/1/2041  | 1870 | 1701 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2021-B-1, AMT, 4.00% 7/15/2041  | 7065 | 6427 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-A, AMT, AGI, 5.25% 7/1/2041  | 100 | 108 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 4.00% 7/1/2046  | 550 | 499 |
| City of Houston, Airport System Special Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2018-C, AMT, 5.00% 7/15/2028  | 1320 | 1357 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal E Project), Series 2014, <br> AMT, 5.00% 7/1/2029  | 2150 | 2152 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2020-A, AMT, 5.00% 7/1/2027  | 435 | 442 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2020-C, AMT, 5.00% 7/15/2027  | 1390 | 1413 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2025-B, AMT, 5.25% 7/15/2033  | 2000 | 2147 |
| City of Houston, Convention and Entertainment Facs. Dept., Hotel Occupancy Tax and Special Rev. Ref. Bonds, Series <br> 2021, 3.00% 9/1/2032  | 60 | 60 |
| City of Houston, Convention and Entertainment Facs. Dept., Hotel Occupancy Tax and Special Rev. Ref. Bonds, Series <br> 2021, 3.00% 9/1/2033  | 35 | 35 |
| City of Houston, GO Rev. Ref. Bonds, Series 2024-A, 5.25% 3/1/2049  | 185 | 197 |
| Hurst-Euless-Bedford Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 8/15/2050  | 420 | 393 |
| Hutto Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/1/2050  | 165 | 172 |
| Hutto Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 8/1/2054  | 190 | 197 |
| City of Irving, Hospital Auth., Hospital Rev. Bonds (Baylor Scott & White Medical Center - Irving), Series 2017-A, 5.00% <br> 10/15/2044  | 110 | 110 |
| City of Justin, Special Assessment Rev. Bonds (Timberbrook Public Improvement Dist. No. 1 Improvement Area #2 <br> Project), Series 2021, 4.00% 9/1/2051 <sup>(a)</sup>  | 100 | 82 |
| City of Kerrville Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), Series 2015, <br> 5.00% 8/15/2030  | 385 | 386 |
| City of Lavon, Special Assessment Rev. Bonds (Elevon Public Improvement Area #3-5 Project), Series 2025, 4.25% <br> 9/15/2035  | 1500 | 1499 |
| Little Elm Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 8/15/2054  | 280 | 259 |
| Town of Little Elm, Spiritas Ranch Public Improvement Dist., Special Assessment Rev. Bonds, Series 2025, 4.50% <br> 9/1/2035 <sup>(a)</sup>  | 1036 | 1038 |
| Town of Little Elm, Spiritas Ranch Public Improvement Dist., Special Assessment Rev. Bonds, Series 2024, 5.50% <br> 9/1/2044 <sup>(a)</sup>  | 359 | 366 |
| Town of Little Elm, Spiritas Ranch Public Improvement Dist., Special Assessment Rev. Bonds, Series 2025, 5.625% <br> 9/1/2045 <sup>(a)</sup>  | 1500 | 1500 |
| Town of Little Elm, Spiritas Ranch Public Improvement Dist., Special Assessment Rev. Bonds, Series 2024, 5.75% <br> 9/1/2053 <sup>(a)</sup>  | 331 | 338 |
| Love Field Airport Modernization Corp., Special Facs. Rev. Bonds, Series 2012, AMT, 5.00% 11/1/2028  | 380 | 380 |
| Mansfield Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2054  | 825 | 762 |
| County of Matagorda, Navigation Dist. No. 1, Pollution Control Rev. Ref. Bonds (Central Power and Light Co. Project), <br> Series 1996, AMT, 4.25% 5/1/2030  | 70 | 73 |
| County of Matagorda, Navigation Dist. No. 1, Rev. Ref. Bonds (Houston Lighting & Power Co. Project), Series 1997, <br> AMT, AMBAC, 5.125% 11/1/2028  | 215 | 225 |
| McKinney Municipal Utility Dist. No. 2, Unlimited Tax Bonds, Series 2025, BAM, 4.00% 9/1/2048  | 1350 | 1216 |
| Melissa Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/1/2054  | 110 | 102 |
| Mesquite Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.25% 8/15/2052  | 5000 | 5332 |
| Mission Econ. Dev. Corp., Rev. Bonds (Natgasoline Project), Series 2018, AMT, 4.625% 10/1/2031 <sup>(a)</sup>  | 2500 | 2501 |
| Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2024, AMT, 4.00% <br> 6/1/2054 (put 6/1/2034)  | 745 | 750 |
| Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Ref. Bonds (Graphic Packaging International, LLC Project), Series <br> 2025, AMT, 5.00% 12/1/2064 (put 6/1/2030)  | 1725 | 1789 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **176** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| County of Montgomery, Toll Road Auth., Toll Road Rev. Bonds, Series 2018, 5.00% 9/15/2043  | USD<br> 175<br>| $175 |
| Montgomery County Municipal Utility Dist. No. 138, Unlimited Tax Bonds, Series 2025, BAM, 4.125% 3/1/2050  | 1055 | 961 |
| Municipal Gas Acquisition and Supply Corp. II, Gas Supply Rev. Bonds, Series 2007-A, (3-month USD CME Term SOFR <br> x 0.66 + 0.86%) 3.319% 9/15/2027 <sup>(b)</sup>  | 70 | 70 |
| Municipal Gas Acquisition and Supply Corp. II, Gas Supply Rev. Bonds, Series 2007-B, (SIFMA Municipal Swap Index + <br> 0.55%) 3.87% 9/15/2027 <sup>(b)</sup>  | 100 | 100 |
| Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Ref. Bonds, Series 2021, 5.00% 12/15/2026  | 65 | 66 |
| Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Ref. Bonds, Series 2021, 5.00% 12/15/2029  | 530 | 562 |
| Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Ref. Bonds, Series 2021, 5.00% 12/15/2031  | 235 | 254 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-A, 5.50% 1/1/2054 (put 1/1/2030)  | 320 | 340 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-B, 5.50% 1/1/2054 (put 1/1/2034)  | 2680 | 2981 |
| Municipal Gas Acquisition and Supply Corp. V, Gas Supply Rev. Bonds, Series 2024, 5.00% 1/1/2055 (put 1/1/2034)  | 2105 | 2273 |
| Municipal Gas Acquisition and Supply Corp. VI, Gas Supply Rev. Bonds, Series 2025, 5.00% 1/1/2036  | 4000 | 4284 |
| New Braunfels Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/1/2052  | 275 | 254 |
| New Caney Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2054  | 1745 | 1607 |
| New Hope Cultural Education Facs. Fin. Corp., Education Rev. and Rev. Ref. Bonds (Junilee Academic Center), Series <br> 2021, 4.00% 8/15/2041 <sup>(a)</sup>  | 235 | 206 |
| New Hope Cultural Education Facs. Fin. Corp., Education Rev. and Rev. Ref. Bonds (Junilee Academic Center), Series <br> 2021, 4.00% 8/15/2046 <sup>(a)</sup>  | 195 | 158 |
| New Hope Cultural Education Facs. Fin. Corp., Education Rev. and Rev. Ref. Bonds (Junilee Academic Center), Series <br> 2021, 4.00% 8/15/2051 <sup>(a)</sup>  | 475 | 365 |
| New Hope Cultural Education Facs. Fin. Corp., Education Rev. and Rev. Ref. Bonds (Junilee Academic Center), Series <br> 2021, 4.00% 8/15/2056 <sup>(a)</sup>  | 400 | 298 |
| New Hope Cultural Education Facs. Fin. Corp., Education Rev. Bonds (Beta Foundation), Series 2019-A, 3.375% <br> 8/15/2029 <sup>(a)</sup>  | 75 | 72 |
| New Hope Cultural Education Facs. Fin. Corp., Education Rev. Bonds (Beta Foundation), Series 2019-A, 5.00% <br> 8/15/2039 <sup>(a)</sup>  | 175 | 173 |
| New Hope Cultural Education Facs. Fin. Corp., Education Rev. Bonds (Beta Foundation), Series 2019-A, 5.00% <br> 8/15/2049 <sup>(a)</sup>  | 325 | 294 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Bella Vida Forefront Living Project), Series <br> 2025-B-3, 4.25% 10/1/2030  | 270 | 271 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Bella Vida Forefront Living Project), Series <br> 2025-B-2, 4.625% 10/1/2030  | 120 | 121 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2025, 5.375% 1/1/2055  | 800 | 793 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Morningside Ministries Project), Series <br> 2020-A, 5.00% 1/1/2030  | 110 | 110 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Morningside Ministries Project), Series <br> 2022, 4.00% 1/1/2037  | 140 | 127 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Morningside Ministries Project), Series <br> 2020-A, 5.00% 1/1/2040  | 90 | 86 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Morningside Ministries Project), Series <br> 2022, 4.00% 1/1/2042  | 205 | 172 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Morningside Ministries Project), Series <br> 2020-A, 5.00% 1/1/2055  | 345 | 289 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes, Inc. Obligated Group), <br> Series 2019, 5.00% 1/1/2039  | 160 | 161 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes, Inc. Obligated Group), <br> Series 2019, 5.00% 1/1/2050  | 135 | 123 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes, Inc. Obligated Group), <br> Series 2019, 5.00% 1/1/2055  | 645 | 577 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes, Inc. Project), Series 2014, <br> 5.50% 1/1/2035  | 10 | 10 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes, Inc. Project), Series 2014, <br> 5.50% 1/1/2043  | 415 | 415 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes, Inc. Project), Series 2014, <br> 5.50% 1/1/2049  | 1025 | 1012 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Westminster Project), Series 2025, 5.00% <br> 11/1/2040  | 245 | 259 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Westminster Project), Series 2021, 4.00% <br> 11/1/2049  | 2250 | 1892 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Westminster Project), Series 2025, 5.00% <br> 11/1/2060  | 900 | 867 |

---

---

| | |
|:---|:---|
| **177** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| New Hope Cultural Education Facs. Fin. Corp., Senior Living Rev. Bonds (Wichita Falls Retirement Foundation Project), <br> Series 2021, 4.00% 1/1/2031  | USD<br> 320<br>| $318 |
| New Hope Cultural Education Facs. Fin. Corp., Senior Living Rev. Bonds (Wichita Falls Retirement Foundation Project), <br> Series 2021, 4.00% 1/1/2036  | 395 | 378 |
| New Hope Cultural Education Facs. Fin. Corp., Senior Living Rev. Bonds (Wichita Falls Retirement Foundation Project), <br> Series 2021, 4.00% 1/1/2041  | 250 | 223 |
| New Hope Cultural Education Facs. Fin. Corp., Senior Living. Rev. Bonds (Sanctuary LTC Project), Series 2021-A-1, <br> 5.25% 1/1/2042  | 390 | 382 |
| New Hope Cultural Education Facs. Fin. Corp., Senior Living. Rev. Bonds (Superior Living Foundation Project), Series <br> 2025-A, 6.25% 7/1/2045 <sup>(a)</sup>  | 220 | 215 |
| New Hope Cultural Education Facs. Fin. Corp., Senior Living. Rev. Bonds (Superior Living Foundation Project), Series <br> 2025-A, 6.50% 7/1/2056 <sup>(a)</sup>  | 2100 | 2049 |
| New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (NCCD-Brenham Properties, LLC - Blinn <br> College Project), Series 2020-A, 5.00% 7/1/2040  | 140 | 106 |
| New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (NCCD-Brenham Properties, LLC - Blinn <br> College Project), Series 2020-A, 5.00% 7/1/2057  | 1305 | 849 |
| Newark Higher Education Fin. Corp., Education Rev. Bonds (TLC Academy), Series 2021-A, 4.00% 8/15/2041  | 370 | 330 |
| Newark Higher Education Fin. Corp., Education Rev. Bonds (TLC Academy), Series 2021-A, 4.00% 8/15/2051  | 335 | 265 |
| Newark Higher Education Fin. Corp., Education Rev. Bonds (TLC Academy), Series 2021-A, 4.00% 8/15/2056  | 255 | 196 |
| Newark Higher Education Fin. Corp., Rev. Improvement and Rev. Ref. Bonds (Abilene Christian University Project), <br> Series 2022-A, 4.00% 4/1/2057  | 200 | 167 |
| Noble Ridge Municipal Utility Dist., Unlimited Tax Road Bonds, Series 2025, 4.375% 9/1/2050  | 1050 | 917 |
| North Parkway Municipal Management Dist. No. 1, Special Assessment Rev. Bonds (Major Improvements Project No. <br> 2), Series 2022, 5.50% 9/15/2032 <sup>(a)</sup>  | 539 | 556 |
| North Parkway Municipal Management Dist. No. 1, Special Assessment Rev. Bonds (Major Improvements Project No. <br> 2), Series 2022, 5.625% 9/15/2042 <sup>(a)</sup>  | 2173 | 2235 |
| North Parkway Municipal Management Dist. No. 1, Special Assessment Rev. Bonds (Major Improvements Project No. <br> 2), Series 2022, 5.75% 9/15/2052 <sup>(a)</sup>  | 2018 | 2044 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 5.00% 6/1/2033  | 110 | 118 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2024-1-A, AMT, 4.125% 6/1/2045  | 705 | 695 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 4.50% 6/1/2046  | 395 | 400 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2017-B, 5.00% 1/1/2048  | 250 | 252 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2017-B, 5.00% 1/1/2048 (preref. 1/1/2027)  | 25 | 26 |
| North Texas Tollway Auth., System Rev. Ref. First Tier Bonds, Series 2020-A, 3.00% 1/1/2038  | 335 | 311 |
| North Texas Tollway Auth., System Rev. Ref. Second Tier Bonds, Series 2021-B, 3.00% 1/1/2051  | 215 | 156 |
| City of Pflugerville, Special Assessment Rev. Bonds (Meadowlark Preserve Public Improvement Dist. Project), Series <br> 2025, 5.125% 9/1/2045 <sup>(a)</sup>  | 200 | 198 |
| City of Pflugerville, Special Assessment Rev. Bonds (Meadowlark Preserve Public Improvement Dist. Project), Series <br> 2025, 5.375% 9/1/2055 <sup>(a)</sup>  | 556 | 550 |
| City of Plano, Special Assessment Rev. Bonds (Collin Creek West Public Improvement Dist. Project), Series 2021, 4.00% <br> 9/15/2051 <sup>(a)</sup>  | 606 | 487 |
| City of Plano, Special Assessment Rev. Bonds (Collin Creek West Public Improvement Dist. Project), Series 2021, <br> 4.375% 9/15/2051 <sup>(a)</sup>  | 1588 | 1297 |
| Prosper Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 4.00% 2/15/2052  | 1000 | 913 |
| Red River Education Fin. Corp., Higher Education Rev. Bonds (St. Edward's University Project), Series 2016, 4.00% <br> 6/1/2036  | 55 | 52 |
| Royce City Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2053  | 225 | 233 |
| City of Royse City, Special Assessment Rev. Bonds (Bahamas Public Improvement Dist. No. 2 Zone A Improvement <br> Area Project), Series 2025, 5.75% 9/15/2045  | 800 | 799 |
| City of Royse City, Special Assessment Rev. Bonds (Bahamas Public Improvement Dist. No. 2 Zone A Remainder Area <br> Project), Series 2025, 6.75% 9/15/2055 <sup>(a)</sup>  | 750 | 746 |
| City of San Antonio, Electric and Gas Systems Rev. Bonds, Series 2015, 4.00% 2/1/2038  | 8410 | 8419 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-A, 5.25% 2/1/2049  | 145 | 154 |
| Sherman Independent School Dist., Unlimited Tax School Building Bonds, Series 2023-B, 5.00% 2/15/2053  | 220 | 227 |
| Surface Transportation Corp., Private Activity Rev. Bonds (NTE Mobility Partners Segments 3 LLC Segment 3C Project), <br> Series 2019, AMT, 5.00% 6/30/2058  | 1765 | 1724 |
| Surface Transportation Corp., Rev. Ref. Bonds (LBJ Infrastructure Group, LLC I-635 Managed Lanes Project), Series <br> 2020-A, 4.00% 12/31/2037  | 165 | 166 |
| Surface Transportation Corp., Rev. Ref. Bonds (LBJ Infrastructure Group, LLC I-635 Managed Lanes Project), Series <br> 2020-A, 4.00% 12/31/2038  | 150 | 150 |
| Surface Transportation Corp., Rev. Ref. Bonds (LBJ Infrastructure Group, LLC I-635 Managed Lanes Project), Series <br> 2020-A, 4.00% 6/30/2039  | 50 | 50 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **178** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Surface Transportation Corp., Rev. Ref. Bonds (LBJ Infrastructure Group, LLC I-635 Managed Lanes Project), Series <br> 2020-A, 4.00% 12/31/2039  | USD<br> 80<br>| $79 |
| Surface Transportation Corp., Rev. Ref. Bonds (LBJ Infrastructure Group, LLC I-635 Managed Lanes Project), Series <br> 2020-A, 4.00% 6/30/2040  | 35 | 34 |
| Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Air Force Villages Obligated Group), <br> Series 2016, 4.00% 5/15/2027  | 1865 | 1864 |
| Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Air Force Villages Obligated Group), <br> Series 2016, 4.00% 5/15/2031  | 615 | 614 |
| Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Air Force Villages Obligated Group), <br> Series 2016, 5.00% 5/15/2037  | 690 | 691 |
| Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Air Force Villages Obligated Group), <br> Series 2016, 5.00% 5/15/2045  | 1560 | 1490 |
| Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. <br> - Querencia Project), Series 2015, 5.00% 11/15/2035  | 20 | 20 |
| Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. <br> - Querencia Project), Series 2015, 5.00% 11/15/2040  | 450 | 450 |
| Tarrant County Cultural Education Facs. Fin. Corp., Rev. Bonds (Ascension Senior Credit Group), Series 2025-C-1, <br> 5.00% 11/15/2051 (put 11/15/2032)  | 6200 | 6921 |
| Harris County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Young Men's Christian Assn. of the Greater Houston <br> Area), Series 2013-A, 5.00% 6/1/2038  | 395 | 357 |
| Board of Regents of the Texas State University System, Rev. Fncg. System Rev. and Rev. Ref. Bonds, Series 2024, 4.00% <br> 3/15/2049  | 1305 | 1189 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.125% 11/15/2049  | 100 | 87 |
| Transportation Commission, State Highway 249 System First Tier Toll Rev. Bonds, CAB, Series 2019-A, 0% 8/1/2041  | 45 | 22 |
| Transportation Commission, State Highway 249 System First Tier Toll Rev. Bonds, CAB, Series 2019-A, 0% 8/1/2042  | 260 | 118 |
| University Hills Municipal Management Dist., Special Assessment Rev. Bonds (Improvement Area #1 Project), Series <br> 2025, 5.875% 9/1/2055  | 6193 | 6254 |
| University Hills Municipal Management Dist., Special Assessment Rev. Bonds (Major Improvement Area Project), Series <br> 2025, 5.875% 9/1/2055 <sup>(a)</sup>  | 2285 | 2307 |
| Board of Regents of the University of Houston System, Consolidated Rev. and Rev. Ref. Bonds, Series 2022-A, 5.00% <br> 2/15/2056  | 4000 | 4104 |
| Via Metropolitan Transit Advanced Transportation Dist., Sales Tax Rev. Bonds, Series 2024, 4.00% 8/1/2054  | 885 | 798 |
| Waller County Municipal Utility Dist. No. 55A, Unlimited Tax Road Bonds, Series 2025, 4.625% 9/1/2047  | 1025 | 983 |
| Waxachie Independent School Dist., School Building Bonds, Series 2024, 4.00% 2/15/2053  | 150 | 138 |
| Whitesboro Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2054  | 715 | 663 |
|  |  | 207119 |
| **United States 0.99%** | **United States 0.99%** | **United States 0.99%** |
| FHLMC Multi Family Structured Pass Through Certs., Green Bonds, Series ML-32, Class AUS, 4.837% 3/25/2042 <sup>(b)</sup>  | 1300 | 1362 |
| Freddie Mac, Multi Family Certs., Series 2023, 0.897% 6/25/2035 <sup>(a)(b)</sup>  | 14298 | 754 |
| Freddie Mac, Multi Family Certs., Series 2023, 2.75% 11/25/2035 <sup>(a)</sup>  | 1050 | 959 |
| Freddie Mac, Multi Family Certs., Series 2023, 4.003% 1/25/2040 <sup>(b)</sup>  | 977 | 954 |
| Freddie Mac, Multi Family Certs., Series 2023, 4.415% 8/25/2040 <sup>(b)</sup>  | 150 | 152 |
| Freddie Mac, Multi Family Certs., Green Bonds, Series 2025, 4.387% 11/25/2042 <sup>(b)</sup>  | 2131 | 2093 |
| Freddie Mac, Multi Family Mortgage Bonds, Series 2019-ML-05, Class ACA, 3.35% 11/25/2033  | 632 | 607 |
| Freddie Mac, Multi Family Mortgage Bonds, Series 2019-ML-05, Class AUS, 3.40% 1/25/2036  | 193 | 183 |
| Freddie Mac, Multi Family Mortgage Bonds, Series 2019-ML-06, Class XUS, interest only, 1.134% 6/25/2037 <sup>(b)(c)</sup>  | 5813 | 391 |
| Freddie Mac, Multi Family Mortgage Bonds, Series 2021-ML-10, Class XUS, 2.06% 1/25/2038 <sup>(a)(b)</sup>  | 2770 | 383 |
| Freddie Mac, Multi Family Mortgage Bonds, Series 2025-ML30, Class AIS, 4.669% 7/25/2042 <sup>(b)</sup>  | 598 | 616 |
| Freddie Mac, Multi Family Mortgage Certs., Green Bonds, Series 2024, 3.158% 12/25/2038 <sup>(b)</sup>  | 4359 | 3852 |
| Freddie Mac, Multi Family Mortgage Certs., Green Bonds, Series 2024-ML-22, 4.547% 10/25/2040 <sup>(b)</sup>  | 988 | 1010 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2023, Class ACA, 2.25% 9/25/2037  | 417 | 353 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2021-ML-10, Class AUS, 2.032% 1/25/2038 <sup>(a)</sup>  | 265 | 214 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2024, 3.427% 11/25/2038 <sup>(b)</sup>  | 9368 | 8836 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2024, 4.156% 5/25/2041 <sup>(b)</sup>  | 987 | 976 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2024, 4.596% 8/25/2041 <sup>(b)</sup>  | 895 | 925 |
|  |  | 24620 |

---

---

| | |
|:---|:---|
| **179** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Utah 2.69%** | **Utah 2.69%** | **Utah 2.69%** |
| Arrowhead Springs Public Infrastructure Dist., Limited Tax GO and Special Rev. Bonds, Series 2025, 6.00% 3/1/2056 <sup>(a)</sup>  | USD<br> 2,000<br>| $2003 |
| Arrowhead Springs Public Infrastructure Dist., Special Assessment Bonds (Arrowhead Springs Assessment Area), <br> Series 2025, 5.625% 12/1/2054 <sup>(a)</sup>  | 336 | 339 |
| Black Rock Mountain Resort Public Infrastructure Dist., Special Assessment Bonds (Black Rock Mountain Resort <br> Assessment Area), Series 2025, 5.875% 12/1/2054 <sup>(a)</sup>  | 1273 | 1314 |
| Charter School Fin. Auth., Charter School Rev. Bonds (Bridge Elementary Project), Series 2021-A, 4.25% 6/15/2051 <sup>(a)</sup>  | 155 | 117 |
| Charter School Fin. Auth., Charter School Rev. Ref. Bonds (Early Light Academy), Series 2017, 5.00% 7/15/2046 <sup>(a)</sup>  | 850 | 784 |
| Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-A, AGI, <br> 5.50% 6/1/2055  | 175 | 186 |
| Fiddlers Canyon Infrastructure Fncg. Dist., Special Assessment Bonds (Fiddlers Canyon Assessment Area), Series 2024, <br> 5.625% 12/1/2053 <sup>(a)</sup>  | 1060 | 1011 |
| Firefly Public Infrastructure Dist. No. 1, Special Assessment Bonds (Firefly Assessment Area No. 1), Series 2024-A-2, <br> 5.625% 12/1/2043 <sup>(a)</sup>  | 652 | 661 |
| Hideout Local Dist. No. 1, Special Assessment Bonds, Series 2017, 6.75% 8/1/2037 <sup>(a)</sup>  | 2450 | 2313 |
| Housing Corp., Single Family Mortgage Bonds, Series 2023-A, 6.00% 7/1/2053  | 215 | 231 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-A, 6.50% 1/1/2054  | 45 | 49 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-C, 6.00% 7/1/2054  | 90 | 99 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-E, 6.00% 7/1/2054  | 110 | 121 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-I, 6.25% 7/1/2055  | 95 | 107 |
| Housing Corp., Single Family Mortgage Bonds, Series 2025-H, 6.50% 7/1/2055  | 3000 | 3419 |
| Housing Corp., Single Family Mortgage Bonds, Series 2025-E, 6.75% 7/1/2055  | 175 | 201 |
| Jordanelle Ridge Public Infrastructure Dist. No. 2, Limited Tax GO Bonds, Series 2023-A, 7.75% 3/1/2054 <sup>(a)</sup>  | 4943 | 5163 |
| MIDA Cormont Public Infrastructure Dist., Limited Tax GO Bonds, Convertible CAB, Series 2025-A-2, 0% 6/1/2055 <br> (6.75% on 6/1/2029) <sup>(a)(d)</sup>  | 673 | 573 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2026 <sup>(a)</sup>  | 150 | 150 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2030 <sup>(a)</sup>  | 100 | 101 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2050 <sup>(a)</sup>  | 4985 | 4255 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area), <br> Series 2020-A, 4.25% 8/1/2035 <sup>(a)</sup>  | 365 | 368 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area), <br> Series 2020-A, 5.00% 8/1/2050 <sup>(a)</sup>  | 2540 | 2493 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2024-1, 5.125% 6/15/2054 <sup>(a)</sup>  | 4429 | 4385 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2024-2, 6.00% 6/15/2054 <sup>(a)</sup>  | 6500 | 6676 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2025-1, 5.50% 6/1/2055 <sup>(a)</sup>  | 535 | 531 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2025-1, 5.75% 6/1/2060 <sup>(a)</sup>  | 1330 | 1344 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, CAB, Series 2025-2, 0% 6/1/2043 (5.75% <br> on 6/1/2031) <sup>(a)(d)</sup>  | 170 | 126 |
| Military Installation Dev. Auth., Tax Allocation and Hotel Tax Rev. Bonds, Series 2021-A-1, 4.00% 6/1/2052  | 500 | 415 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2036  | 500 | 486 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2041  | 766 | 709 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2052  | 1100 | 900 |
| NS Public Infrastructure Dist. No. 1, Special Assessment Bonds (NS Assessment Area No. 1), Series 2024, 6.00% <br> 12/1/2044 <sup>(a)</sup>  | 699 | 662 |
| NWQ Public Infrastructure Dist., Limited Tax GO Bonds, Series 2025-A, 6.125% 3/1/2056 <sup>(a)</sup>  | 665 | 670 |
| Payson City, Red Bridge Public Infrastructure Dist. No. 1, Limited Tax GO Bonds, Series 2021-A, 4.125% 2/1/2041 <sup>(a)</sup>  | 500 | 431 |
| Payson City, Red Bridge Public Infrastructure Dist. No. 1, Limited Tax GO Bonds, Series 2021-A, 4.375% 2/1/2051 <sup>(a)</sup>  | 1000 | 789 |
| Salt Lake City, Airport Rev. Bonds (Salt Lake City International Airport), Series 2021-A, AMT, 5.00% 7/1/2046  | 1775 | 1803 |
| Sawmill Infrastructure Fncg. Dist., Special Assessment Bonds (Sawmill Assessment Area), Series 2025, 6.00% <br> 12/1/2054 <sup>(a)</sup>  | 175 | 182 |
| Soleil Hills Public Infrastructure Dist. No. 1, Limited Tax GO and Special Rev. Bonds, Series 2025-A, 5.875% 3/1/2055 <sup>(a)</sup>  | 500 | 501 |
| Sun Stone Infrastructure Fncg. Dist., Special Assessment Bonds (Sun Stone Assessment Area No. 1), Series 2024, <br> 6.75% 6/1/2054 <sup>(a)</sup>  | 1761 | 1793 |
| Three Bridges Public Infrastructure Dist. No. 1, Special Assessment Bonds (Three Bridges Assessment Area No. 1), <br> Series 2024-1, 5.00% 12/1/2036 <sup>(a)(f)</sup>  | 1704 | 1718 |
| Three Bridges Public Infrastructure Dist. No. 1, Special Assessment Bonds (Three Bridges Assessment Area No. 1), <br> Series 2024-2, 6.00% 12/1/2053 <sup>(a)</sup>  | 2229 | 2239 |
| UIPA Crossroads Public Infrastructure Dist., Tax Differential Rev. Bonds, Series 2021, 4.125% 6/1/2041 <sup>(a)</sup>  | 2406 | 2318 |
| UIPA Crossroads Public Infrastructure Dist., Tax Differential Rev. Bonds, Series 2021, 4.375% 6/1/2052 <sup>(a)</sup>  | 8159 | 7482 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **180** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Utah (continued)** | **Utah (continued)** | **Utah (continued)** |
| Wakara Ridge Public Infrastructure Dist., Special Assessment Bonds (Wakara Ridge Assessment Area), Series 2025, <br> 5.625% 12/1/2054 <sup>(a)</sup>  | USD<br> 1,054<br>| $1076 |
| Wolf Creek Infrastructure Fncg. Dist. No. 1, Special Assessment Bonds (Wolf Creek Assessment Area No. 1), Series <br> 2025, 5.75% 12/1/2044  | 2934 | 3005 |
| Wood Ranch Public Infrastructure Dist., Special Assessment Bonds (Wood Ranch Assessment Area No. 1), Series 2024, <br> 5.625% 12/1/2053 <sup>(a)</sup>  | 392 | 396 |
|  |  | 66695 |
| **Vermont 0.30%** | **Vermont 0.30%** | **Vermont 0.30%** |
| Econ. Dev. Auth., Mortgage Rev. Bonds (Wake Robin Corp. Project), Series 2021-A, 4.00% 5/1/2037  | 935 | 901 |
| Econ. Dev. Auth., Mortgage Rev. Bonds (Wake Robin Corp. Project), Series 2021-A, 4.00% 5/1/2045  | 800 | 674 |
| Econ. Dev. Auth., Mortgage Rev. Bonds (Wake Robin Corp. Project), Series 2017-A, 5.00% 5/1/2047  | 105 | 100 |
| Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2013, AMT, 4.625% <br> 4/1/2036 (put 4/3/2028) <sup>(a)</sup>  | 265 | 268 |
| Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2022-A-2, AMT, 4.375% <br> 6/1/2052 (put 6/1/2032) <sup>(a)</sup>  | 1070 | 1078 |
| Housing Fin. Agcy., Multi Family Mortgage Bonds, Series 2021-A, 2.50% 8/15/2046  | 110 | 77 |
| Housing Fin. Agcy., Multi Family Mortgage Bonds, Series 2022-A, 2.85% 2/15/2052  | 110 | 76 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 5.00% 6/15/2026  | 15 | 15 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2018-A, AMT, 5.00% 6/15/2027  | 30 | 30 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2018-A, AMT, 3.625% 6/15/2029  | 30 | 30 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2017-A, AMT, 4.00% 6/15/2029  | 75 | 75 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2018-A, AMT, 3.75% 6/15/2030  | 25 | 25 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 5.00% 6/15/2030  | 120 | 127 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2018-A, AMT, 4.00% 6/15/2031  | 15 | 15 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 5.00% 6/15/2031  | 120 | 129 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2018-A, AMT, 4.00% 6/15/2032  | 10 | 10 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2019-A, AMT, 3.00% 6/15/2035  | 280 | 272 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2020-A, AMT, 3.375% 6/15/2036  | 50 | 48 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2025-A, AMT, 4.75% 6/15/2036  | 305 | 313 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2025-A, AMT, 5.00% 6/15/2037  | 80 | 83 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2025-A, AMT, 5.00% 6/15/2038  | 90 | 92 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.375% 6/15/2039  | 640 | 591 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2025-A, AMT, 5.00% 6/15/2039  | 105 | 107 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.375% 6/15/2040  | 100 | 98 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2024-A, AMT, 4.50% 6/15/2040  | 85 | 84 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2025-A, AMT, 5.125% 6/15/2040  | 95 | 96 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2023-A, AMT, 4.00% 6/15/2041  | 375 | 361 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2025-A, AMT, 5.25% 6/15/2041  | 85 | 86 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2018-A, AMT, 4.375% 6/15/2046  | 690 | 611 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2019-B, AMT, 4.00% 6/15/2047  | 1225 | 1023 |
|  |  | 7495 |
| **Virgin Islands 0.45%** | **Virgin Islands 0.45%** | **Virgin Islands 0.45%** |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2027  | 100 | 102 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2028  | 1220 | 1257 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2030  | 1530 | 1599 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2032  | 1150 | 1217 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2039  | 5300 | 5509 |
| Public Fin. Auth., Rev. and Rev. Ref. Bonds (Virgin Islands Gross Receipts Taxes Loan Note), Series 2014-C, 5.00% <br> 10/1/2039 <sup>(a)</sup>  | 585 | 585 |
| West Indian Co., Limited Port Facs. Rev. Bonds, Series 2022-A, 6.125% 10/1/2042 <sup>(a)</sup>  | 200 | 194 |

---

---

| | |
|:---|:---|
| **181** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Virgin Islands (continued)** | **Virgin Islands (continued)** | **Virgin Islands (continued)** |
| West Indian Co., Limited Port Facs. Rev. Bonds, Series 2022-B, AMT, 6.25% 10/1/2042 <sup>(a)</sup>  | USD<br> 300<br>| $303 |
| West Indian Co., Limited Port Facs. Rev. Bonds, Series 2022-A, 6.375% 4/1/2052 <sup>(a)</sup>  | 300 | 299 |
| West Indian Co., Limited Port Facs. Rev. Bonds, Series 2022-B, AMT, 6.50% 4/1/2052 <sup>(a)</sup>  | 100 | 98 |
|  |  | 11163 |
| **Virginia 1.62%** | **Virginia 1.62%** | **Virginia 1.62%** |
| County of Albemarle, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Westminster-Canterbury of the Blue <br> Ridge), Series 2022-A, 4.00% 6/1/2034  | 145 | 151 |
| County of Albemarle, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Westminster-Canterbury of the Blue <br> Ridge), Series 2022-A, 4.00% 6/1/2042  | 135 | 131 |
| County of Amelia, Industrial Dev. Auth., Solid Waste Disposal Rev. and Rev. Ref. Bonds (Waste Management, Inc. <br> Project), Series 2002, AMT, 1.45% 4/1/2027  | 445 | 432 |
| County of Arlington, Industrial Dev. Auth., Hospital Rev. Bonds (Virginia Hospital Center), Series 2020, 4.00% 7/1/2045  | 180 | 172 |
| City of Chesapeake, Chesapeake Transportation System Toll Road Rev. Ref. Bonds, Convertible CAB, Series 2012-B, <br> 4.875% 7/15/2040  | 165 | 170 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2031  | 120 | 124 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2033  | 155 | 159 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2038  | 845 | 852 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2020-A, 5.00% 1/1/2040  | 380 | 380 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2043  | 1490 | 1434 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2048  | 445 | 409 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2020-A, 5.00% 1/1/2050  | 1455 | 1322 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2055  | 1750 | 1558 |
| Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2020-A, 5.00% 1/1/2059  | 3465 | 3056 |
| City of Hampton, Peninsula Town Center Community Dev. Auth., Special Obligation Rev. Ref. Bonds, Series 2018, <br> 5.00% 9/1/2045 <sup>(a)</sup>  | 125 | 124 |
| County of Hanover, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2022, 4.00% <br> 7/1/2028  | 180 | 180 |
| County of Hanover, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2022, 4.00% <br> 7/1/2031  | 70 | 70 |
| County of Hanover, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2022, 4.00% <br> 7/1/2040  | 680 | 626 |
| County of Hanover, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2022, 4.00% <br> 7/1/2047  | 730 | 596 |
| County of Hanover, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2018, 5.00% <br> 7/1/2048  | 200 | 191 |
| County of Henrico, Econ. Dev. Auth., Health Facs. Rev. Bonds (Bon Secours Mercy Health, Inc.), Series 2025-A, 5.00% <br> 11/1/2048  | 500 | 517 |
| County of Henrico, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2019-A, 5.00% 6/1/2034  | 115 | 117 |
| County of Henrico, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2019-A, 5.00% 6/1/2039  | 705 | 712 |
| County of Henrico, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2019-A, 5.00% 6/1/2044  | 245 | 243 |
| County of Henrico, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2019-A, 5.00% 6/1/2049  | 1000 | 947 |
| County of Henrico, Econ. Dev. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2017-C, 5.00% <br> 12/1/2047  | 3180 | 3182 |
| County of Isle of Wight, Econ. Dev. Auth., Health System Rev. Bonds (Riverside Health System), Series 2023, AGI, 5.25% <br> 7/1/2048  | 65 | 69 |
| County of Isle of Wight, Econ. Dev. Auth., Health System Rev. Bonds (Riverside Health System), Series 2023, AGI, 5.25% <br> 7/1/2053  | 205 | 216 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Williamsburg Landing), Series 2024-A, 6.75% <br> 12/1/2053  | 95 | 102 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Williamsburg Landing), Series 2024-A, <br> 6.875% 12/1/2058  | 360 | 389 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **182** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Virginia (continued)** | **Virginia (continued)** | **Virginia (continued)** |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Windsormeade), Series 2021-A, 4.00% <br> 6/1/2041  | USD<br> 210<br>| $186 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Windsormeade), Series 2021-A, 4.00% <br> 6/1/2047  | 505 | 401 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Williamsburg Landing), Series 2021-A, <br> 4.00% 12/1/2035  | 225 | 219 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Williamsburg Landing), Series 2021-A, <br> 4.00% 12/1/2040  | 475 | 433 |
| City of Lexington, Industrial Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Kendal at Lexington), Series 2016, 4.00% <br> 1/1/2037  | 365 | 359 |
| City of Lynchburg, Econ. Dev. Auth., Hospital Rev. and Rev. Ref. Bonds (Centra Health Obligated Group), Series 2021, <br> 3.00% 1/1/2051  | 230 | 160 |
| City of Newport News, Econ. Dev. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2016, <br> 5.00% 12/1/2038  | 730 | 730 |
| City of Newport News, Industrial Dev. Auth., Health Systems Rev. Bonds, Series 2017-A, 5.00% 7/1/2046 <sup>(a)</sup>  | 1625 | 1602 |
| Econ. Dev. Auth. of the County of Powhatan, Grant Rev. Bonds (Chesterfield Hotel Project), Series 2025-A, 6.125% <br> 9/1/2060 <sup>(a)</sup>  | 1700 | 1675 |
| County of Prince William, Gateway Community Dev. Auth., Special Assessment Rev. Ref. Bonds, Series 2012, 5.00% <br> 3/1/2030  | 60 | 60 |
| Small Business Fncg. Auth., Health Care Facs. Rev. Bonds (Mary Washington Healthcare Obligated Group), Series <br> 2025-A-1, 5.25% 6/15/2050  | 1120 | 1163 |
| Small Business Fncg. Auth., Health Care Facs. Rev. Bonds (Mary Washington Healthcare Obligated Group), Series <br> 2025-A-1, 5.25% 6/15/2055  | 200 | 207 |
| Small Business Fncg. Auth., Private Activity Rev. Bonds (Transform 66 P3 Project), Series 2017, AMT, 5.00% 12/31/2049  | 220 | 212 |
| Small Business Fncg. Auth., Private Activity Rev. Bonds (Transform 66 P3 Project), Series 2017, AMT, 5.00% 12/31/2052  | 915 | 878 |
| Small Business Fncg. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2017-C, 5.00% 6/1/2037  | 455 | 456 |
| Small Business Fncg. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2017-C, 5.00% 6/1/2042  | 390 | 390 |
| Small Business Fncg. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2017-C, 5.00% 6/1/2047  | 505 | 486 |
| Small Business Fncg. Auth., Residential Care Fac. Rev. Bonds (Pinnacle Living), Series 2017-C, 5.00% 6/1/2052  | 940 | 876 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, 4.00% <br> 12/1/2041  | 785 | 749 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, 4.00% <br> 12/1/2051  | 670 | 563 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.00% <br> 12/1/2034  | 2790 | 3026 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.00% <br> 12/1/2039  | 170 | 180 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.50% <br> 12/1/2054  | 820 | 839 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2031  | 155 | 163 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2032  | 210 | 221 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2034  | 255 | 268 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 4.00% <br> 1/1/2045  | 720 | 653 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 3.375% <br> 1/1/2051  | 200 | 155 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 4.00% <br> 1/1/2051  | 2515 | 2185 |
| Small Business Fncg. Auth., Solid Waste Disposal Rev. Bonds (Covanta Project), Series 2018-C, AMT, 5.00% 1/1/2048 <br> (put 7/1/2038) <sup>(a)</sup>  | 215 | 205 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-3, 5.375% 9/1/2029  | 455 | 460 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-2, 5.75% 9/1/2030  | 330 | 334 |

---

---

| | |
|:---|:---|
| **183** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Virginia (continued)** | **Virginia (continued)** | **Virginia (continued)** |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-A, 6.50% 9/1/2043  | USD<br> 335<br>| $369 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-A, 7.00% 9/1/2053  | 280 | 307 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-A, 7.00% 9/1/2059  | 315 | 344 |
|  |  | 40145 |
| **Washington 2.06%** | **Washington 2.06%** | **Washington 2.06%** |
| Central Puget Sound Regional Transit Auth., Sales Tax and Motor Vehicle Excise Tax Improvement and Rev. Ref. Green <br> Bonds, Series 2021-S-1, 3.00% 11/1/2036  | 1165 | 1123 |
| Convention Center Public Facs. Dist., Lodging Tax Bonds, Series 2010-B, 5.00% 7/1/2043  | 120 | 121 |
| Convention Center Public Facs. Dist., Lodging Tax Bonds, Series 2010-B, 5.00% 7/1/2048  | 215 | 216 |
| Convention Center Public Facs. Dist., Lodging Tax Bonds, Series 2021-B, AGI, 3.00% 7/1/2058  | 240 | 165 |
| Convention Center Public Facs. Dist., Lodging Tax Bonds, Series 2018, 4.00% 7/1/2058  | 530 | 435 |
| Convention Center Public Facs. Dist., Lodging Tax Bonds, Series 2018, 5.00% 7/1/2058  | 120 | 119 |
| Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2058  | 300 | 199 |
| Econ. Dev. Fin. Auth., Environmental Facs. Rev. Green Bonds (North Pacific Paper Co. Recycling Project), Series 2020-A, <br> AMT, 5.625% 12/1/2040 <sup>(a)</sup>  | 1050 | 1074 |
| Health Care Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2025-A, 5.50% 9/1/2055  | 955 | 1011 |
| Health Care Facs. Auth., Rev. Bonds (Providence Health & Services), Series 2015-A, 4.00% 10/1/2045  | 275 | 245 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-D, 5.00% 10/1/2041  | 580 | 581 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-C, 5.00% 10/1/2044  | 220 | 220 |
| Health Care Facs. Auth., Rev. Bonds (Virginia Mason Medical Center), Series 2017, 5.00% 8/15/2033  | 250 | 257 |
| Health Care Facs. Auth., Rev. Bonds (Yakima Valley Memorial Hospital Assn.), Series 2016, 5.00% 12/1/2036 (preref. <br> 12/1/2026)  | 80 | 82 |
| Health Care Facs. Auth., Rev. Bonds (Yakima Valley Memorial Hospital Assn.), Series 2016, 5.00% 12/1/2041 (preref. <br> 12/1/2026)  | 225 | 230 |
| Health Care Facs. Auth., Rev. Bonds (Yakima Valley Memorial Hospital Assn.), Series 2016, 5.00% 12/1/2046 (preref. <br> 12/1/2026)  | 240 | 245 |
| Housing Fin. Commission, Municipal Certs., Series 2021-1, 3.50% 12/20/2035  | 4675 | 4549 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 1.451% 4/20/2037 <sup>(b)</sup>  | 4488 | 431 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 3.375% 4/20/2037  | 5136 | 4863 |
| Housing Fin. Commission, Municipal Certs., Series 2024-1-A, 4.084% 3/20/2040 <sup>(b)</sup>  | 3409 | 3346 |
| Housing Fin. Commission, Nonprofit Housing Rev. and Rev. Ref. Bonds (Eliseo Project), Series 2021-A, 4.00% <br>1/1/2057 <sup>(a)</sup>  | 200 | 131 |
| Housing Fin. Commission, Nonprofit Housing Rev. and Rev. Ref. Bonds (Emerald Heights Project), Series 2023-A, <br> 5.00% 7/1/2048  | 1880 | 1864 |
| Housing Fin. Commission, Nonprofit Housing Rev. and Rev. Ref. Bonds (Horizon House Project), Series 2017, 5.00% <br> 1/1/2033 <sup>(a)</sup>  | 130 | 131 |
| Housing Fin. Commission, Nonprofit Housing Rev. and Rev. Ref. Bonds (Horizon House Project), Series 2025-A, 6.25% <br> 1/1/2056  | 1000 | 999 |
| Housing Fin. Commission, Nonprofit Housing Rev. and Rev. Ref. Bonds (Horizon House Project), Series 2025-A, 6.25% <br> 1/1/2061  | 1950 | 1934 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Bayview Manor Project), Series 2024, 6.00% 7/1/2059 <sup>(a)</sup>  | 200 | 204 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-B-1, 4.50% <br> 7/1/2030 <sup>(a)</sup>  | 1170 | 1170 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-A, 5.50% <br> 1/1/2044 <sup>(a)</sup>  | 325 | 319 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-A, 5.75% <br> 1/1/2053 <sup>(a)</sup>  | 140 | 135 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-A, 5.875% <br> 1/1/2059 <sup>(a)</sup>  | 120 | 116 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Rockwood Retirement Communities), Series 2020-A, 5.00% <br> 1/1/2056 <sup>(a)</sup>  | 100 | 87 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Horizon House Project), Series 2017, 5.00% 1/1/2038 <sup>(a)</sup>  | 360 | 355 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Horizon House Project), Series 2017, 5.00% 1/1/2043 <sup>(a)</sup>  | 340 | 318 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Horizon House Project), Series 2017, 5.00% 1/1/2048 <sup>(a)</sup>  | 195 | 172 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Judson Park Project), Series 2018, 5.00% 7/1/2038 <sup>(a)</sup>  | 175 | 176 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Judson Park Project), Series 2018, 5.00% 7/1/2048 <sup>(a)</sup>  | 155 | 142 |
| Housing Fin. Commission, Nonprofit Housing, Rev. and Rev. Ref. Bonds (Bayview Manor Senior Project), Series 2016-A, <br> 5.00% 7/1/2051 <sup>(a)</sup>  | 520 | 472 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **184** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Washington (continued)** | **Washington (continued)** | **Washington (continued)** |
| Housing Fin. Commission, Nonprofit Rev. Bonds (Spokane International Academy Project), Series 2021-A, 5.00% <br> 7/1/2056 <sup>(a)</sup>  | USD<br> 255<br>| $214 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2021-1-N, 3.00% 12/1/2049  | 85 | 84 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2021-2-N, 3.00% 6/1/2051  | 90 | 88 |
| Kalispel Tribe of Indians, Priority Distribution Payment Bonds, Series 2018-A, 5.00% 1/1/2032 <sup>(a)</sup>  | 220 | 224 |
| Kalispel Tribe of Indians, Priority Distribution Payment Bonds, Series 2018-B, 5.00% 1/1/2032 <sup>(a)</sup>  | 155 | 158 |
| Kalispel Tribe of Indians, Priority Distribution Payment Bonds, Series 2018-A, 5.25% 1/1/2038 <sup>(a)</sup>  | 1200 | 1223 |
| Kalispel Tribe of Indians, Priority Distribution Payment Bonds, Series 2018-B, 5.25% 1/1/2038 <sup>(a)</sup>  | 240 | 245 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Green Notes, Series 2021, 4.00% 7/1/2031  | 4040 | 4171 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2033 <sup>(a)</sup>  | 130 | 125 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2034 <sup>(a)</sup>  | 280 | 267 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2034 <sup>(a)</sup>  | 105 | 107 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2035 <sup>(a)</sup>  | 365 | 344 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2043 <sup>(a)</sup>  | 675 | 550 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2048 <sup>(a)</sup>  | 3080 | 2262 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2048  | 765 | 559 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2058 <sup>(a)</sup>  | 3350 | 2225 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, AGI, 3.00% 7/1/2058  | 805 | 553 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2058 <sup>(a)</sup>  | 450 | 300 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2058 <sup>(a)</sup>  | 165 | 136 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-A, 5.00% 7/1/2058  | 420 | 417 |
| Port of Seattle, Industrial Dev. Corp., Special Facs. Rev. Ref. Bonds (Delta Air Lines, Inc. Project), Series 2012, AMT, <br> 5.00% 4/1/2030  | 275 | 275 |
| Port of Seattle, Rev. and Rev. Ref. Bonds, Series 2022-B, AMT, 5.00% 8/1/2042  | 55 | 58 |
| Port of Seattle, Special Fac. Rev. Ref. Bonds (SEATAC Fuel Facs., LLC), Series 2013, AMT, 5.00% 6/1/2030  | 110 | 110 |
| Port of Seattle, Special Fac. Rev. Ref. Bonds (SEATAC Fuel Facs., LLC), Series 2013, AMT, 5.00% 6/1/2031  | 220 | 220 |
| County of Skagit, Public Hospital Dist. No. 1 (Skagit Regional Health), Hospital Rev. Improvement and Rev. Ref. Bonds, <br> Series 2016, 5.00% 12/1/2029  | 110 | 111 |
| County of Skagit, Public Hospital Dist. No. 1 (Skagit Regional Health), Hospital Rev. Improvement and Rev. Ref. Bonds, <br> Series 2016, 5.00% 12/1/2030  | 165 | 167 |
| County of Skagit, Public Hospital Dist. No. 1 (Skagit Regional Health), Hospital Rev. Improvement and Rev. Ref. Bonds, <br> Series 2016, 5.00% 12/1/2031  | 165 | 167 |
| County of Skagit, Public Hospital Dist. No. 1 (Skagit Regional Health), Hospital Rev. Improvement and Rev. Ref. Bonds, <br> Series 2016, 5.00% 12/1/2032  | 165 | 167 |
| Various Purpose GO Bonds, Series 2024-C, 5.00% 2/1/2038  | 1000 | 1134 |
| Various Purpose GO Bonds, Series 2026-A, 5.00% 8/1/2041  | 5000 | 5583 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-D, 5.00% 8/1/2039  | 500 | 572 |
|  |  | 51053 |
| **West Virginia 0.20%** | **West Virginia 0.20%** | **West Virginia 0.20%** |
| Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Bonds (Commercial Metals Co. Project), Series 2025, AMT, 4.625% <br> 4/15/2055 (put 5/15/2032)  | 2965 | 3004 |
| Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Bonds (Core Natural Resources, Inc. Project), Series 2025, AMT, <br> 5.45% 1/1/2055 (put 3/27/2035) <sup>(a)</sup>  | 975 | 1038 |
| City of Huntington, Tax Increment Rev. Bonds (Highlawn Redev. Dist. No. 3 Project), Series 2025-A, 5.625% 6/1/2052  | 1000 | 982 |
|  |  | 5024 |
| **Wisconsin 4.91%** | **Wisconsin 4.91%** | **Wisconsin 4.91%** |
| GO Rev. Ref. Bonds, Series 2023-2, 5.00% 5/1/2036  | 1000 | 1141 |
| Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Senior Credit Group), Series 2016-A, 4.00% <br> 11/15/2034  | 7500 | 7514 |
| Health and Educational Facs. Auth., Rev. Bonds (Aspirus Inc. Obligated Group), Series 2025, 5.25% 8/15/2055  | 3000 | 3097 |
| Health and Educational Facs. Auth., Rev. Bonds (Benevolent Corp. Cedar Community), Series 2017, 5.00% 6/1/2026  | 145 | 145 |
| Health and Educational Facs. Auth., Rev. Bonds (Benevolent Corp. Cedar Community), Series 2017, 5.00% 6/1/2027  | 150 | 152 |
| Health and Educational Facs. Auth., Rev. Bonds (Benevolent Corp. Cedar Community), Series 2017, 5.00% 6/1/2029  | 165 | 168 |
| Health and Educational Facs. Auth., Rev. Bonds (Benevolent Corp. Cedar Community), Series 2017, 5.00% 6/1/2031  | 180 | 183 |
| Health and Educational Facs. Auth., Rev. Bonds (Benevolent Corp. Cedar Community), Series 2017, 5.00% 6/1/2037  | 140 | 141 |
| Health and Educational Facs. Auth., Rev. Bonds (Benevolent Corp.), Series 2017, 5.00% 6/1/2041  | 55 | 54 |
| Health and Educational Facs. Auth., Rev. Bonds (Capital Lakes, Inc.), Series 2025-A, 6.25% 11/15/2055  | 835 | 828 |
| Health and Educational Facs. Auth., Rev. Bonds (Capital Lakes, Inc.), Series 2025-A, 6.375% 11/15/2060  | 585 | 582 |

---

---

| | |
|:---|:---|
| **185** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2024, 5.00% <br> 7/1/2035  | USD<br> 305<br>| $312 |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2024, 5.625% <br> 7/1/2045  | 2445 | 2452 |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2024, 5.875% <br> 7/1/2055  | 1410 | 1412 |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2024, 6.00% <br> 7/1/2060  | 1520 | 1529 |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2025, 6.625% <br> 7/1/2060  | 210 | 219 |
| Health and Educational Facs. Auth., Rev. Bonds (Clement Manor, Inc.), Series 2019, 4.25% 8/1/2034  | 55 | 55 |
| Health and Educational Facs. Auth., Rev. Bonds (Clement Manor, Inc.), Series 2019, 5.00% 8/1/2049  | 675 | 639 |
| Health and Educational Facs. Auth., Rev. Bonds (Dickson Hollow Phase II Project), Series 2024, 5.45% 10/1/2039  | 25 | 26 |
| Health and Educational Facs. Auth., Rev. Bonds (Dickson Hollow Phase II Project), Series 2024, 6.00% 10/1/2044  | 35 | 37 |
| Health and Educational Facs. Auth., Rev. Bonds (Dickson Hollow Phase II Project), Series 2024, 6.125% 10/1/2059  | 275 | 284 |
| Health and Educational Facs. Auth., Rev. Bonds (Froedtert Health, Inc.), Series 2024-A, 5.00% 4/1/2045  | 250 | 260 |
| Health and Educational Facs. Auth., Rev. Bonds (Hope Christian Schools Obligated Group), Series 2021, 3.00% <br> 12/1/2031  | 85 | 74 |
| Health and Educational Facs. Auth., Rev. Bonds (Hope Christian Schools Obligated Group), Series 2021, 4.00% <br> 12/1/2041  | 90 | 69 |
| Health and Educational Facs. Auth., Rev. Bonds (Hope Christian Schools Obligated Group), Series 2021, 4.00% <br> 12/1/2051  | 390 | 257 |
| Health and Educational Facs. Auth., Rev. Bonds (Hope Christian Schools Obligated Group), Series 2021, 4.00% <br> 12/1/2056  | 120 | 76 |
| Health and Educational Facs. Auth., Rev. Bonds (Marshfield Clinic Health System, Inc.), Series 2016-B, 5.00% 2/15/2046  | 360 | 360 |
| Health and Educational Facs. Auth., Rev. Bonds (Marshfield Clinic Health System, Inc.), Series 2017-C, 4.00% 2/15/2050  | 80 | 72 |
| Health and Educational Facs. Auth., Rev. Bonds (Marshfield Clinic Health System, Inc.), Series 2024-A, 5.50% 2/15/2054  | 665 | 699 |
| Health and Educational Facs. Auth., Rev. Bonds (Milwaukee Regional Medical Center Thermal Service, Inc.), Series <br> 2018, 5.00% 4/1/2044  | 175 | 177 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2021-A, 3.00% 3/1/2052  | 75 | 74 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2023-A, 6.00% 3/1/2054  | 215 | 236 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2024-B, 6.00% 3/1/2055  | 210 | 228 |
| Public Fin. Auth., Air Cargo Rev. Bonds (AFCO Obligated Group), Series 2023, AMT, 5.50% 7/1/2037  | 120 | 128 |
| Public Fin. Auth., Airport Facs. Rev. Ref. Bonds (Transportation Infrastructure Properties, LLC Obligated Group), Series <br> 2012-B, AMT, 5.00% 7/1/2042  | 45 | 45 |
| Public Fin. Auth., Charter School Rev. Bonds (American Preparatory Academy - Las Vegas 2 Project), Series 2019-A, <br> 4.00% 7/15/2029 <sup>(a)</sup>  | 45 | 45 |
| Public Fin. Auth., Charter School Rev. Bonds (American Preparatory Academy - Las Vegas 2 Project), Series 2019-A, <br> 5.00% 7/15/2039 <sup>(a)</sup>  | 155 | 155 |
| Public Fin. Auth., Charter School Rev. Bonds (American Preparatory Academy - Las Vegas 2 Project), Series 2019-A, <br> 5.00% 7/15/2049 <sup>(a)</sup>  | 375 | 347 |
| Public Fin. Auth., Charter School Rev. Bonds (American Preparatory Academy - Las Vegas 2 Project), Series 2019-A, <br> 5.00% 7/15/2054 <sup>(a)</sup>  | 195 | 176 |
| Public Fin. Auth., Charter School Rev. Bonds (American Preparatory Academy - Las Vegas Project), Series 2017-A, <br> 5.125% 7/15/2037 <sup>(a)</sup>  | 490 | 493 |
| Public Fin. Auth., Charter School Rev. Bonds (American Preparatory Academy - Las Vegas Project), Series 2017-A, <br> 5.375% 7/15/2047 <sup>(a)</sup>  | 890 | 866 |
| Public Fin. Auth., Charter School Rev. Bonds (American Preparatory Academy - Las Vegas Project), Series 2017-B, <br> 5.375% 7/15/2052 <sup>(a)</sup>  | 220 | 210 |
| Public Fin. Auth., Charter School Rev. Bonds (Ascend Leadership Academy Project), Series 2021-A, 5.00% 6/15/2041 <sup>(a)</sup>  | 100 | 90 |
| Public Fin. Auth., Charter School Rev. Bonds (Ascend Leadership Academy Project), Series 2021-A, 5.00% 6/15/2051 <sup>(a)</sup>  | 235 | 194 |
| Public Fin. Auth., Charter School Rev. Bonds (Ascend Leadership Academy Project), Series 2021-A, 5.00% 6/15/2056 <sup>(a)</sup>  | 165 | 133 |
| Public Fin. Auth., Charter School Rev. Bonds (Coral Academy of Science Reno), Series 2019-A, 5.00% 6/1/2050 <sup>(a)</sup>  | 275 | 235 |
| Public Fin. Auth., Charter School Rev. Bonds (Coral Academy of Science Reno), Series 2021-A, 4.00% 6/1/2051 <sup>(a)</sup>  | 375 | 272 |
| Public Fin. Auth., Charter School Rev. Bonds (Coral Academy of Science Reno), Series 2022-A, 5.875% 6/1/2052 <sup>(a)</sup>  | 165 | 158 |
| Public Fin. Auth., Charter School Rev. Bonds (Coral Academy of Science Reno), Series 2022-A, 6.00% 6/1/2062 <sup>(a)</sup>  | 175 | 170 |
| Public Fin. Auth., Charter School Rev. Bonds (Foundation Academy Charter School Project), Series 2024, 4.75% <br> 7/1/2045 <sup>(a)</sup>  | 185 | 169 |
| Public Fin. Auth., Charter School Rev. Bonds (Foundation Academy Charter School Project), Series 2024, 5.00% <br> 7/1/2055 <sup>(a)</sup>  | 180 | 164 |
| Public Fin. Auth., Charter School Rev. Bonds (Foundation Academy Charter School Project), Series 2024, 5.00% <br> 7/1/2060 <sup>(a)</sup>  | 290 | 258 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **186** |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| Public Fin. Auth., Charter School Rev. Bonds (Rocketship Tennessee Obligated Group - Issue No. 1), Series 2025-A, <br> 5.75% 6/1/2045 <sup>(a)</sup>  | USD<br> 220<br>| $218 |
| Public Fin. Auth., Charter School Rev. Bonds (Rocketship Tennessee Obligated Group - Issue No. 1), Series 2025-A, <br> 6.00% 6/1/2055 <sup>(a)</sup>  | 240 | 236 |
| Public Fin. Auth., Charter School Rev. Bonds (Rocketship Tennessee Obligated Group - Issue No. 1), Series 2025-A, <br> 6.00% 6/1/2060 <sup>(a)</sup>  | 225 | 220 |
| Public Fin. Auth., Conference Center and Hotel Rev. First Tier Bonds (Lombard Public Facs. Corp. Project), Series 2025, <br> 6.00% 1/1/2045 <sup>(a)</sup>  | 1160 | 1161 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy), Series 2021-A, 4.00% 6/15/2040 <sup>(a)</sup>  | 175 | 134 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy), Series 2021-A, 4.00% 6/15/2050 <sup>(a)</sup>  | 345 | 219 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy), Series 2021-A, 4.00% 6/15/2056 <sup>(a)</sup>  | 280 | 169 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.625% 6/15/2054 <sup>(a)</sup>  | 2055 | 1602 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.625% 6/15/2059 <sup>(a)</sup>  | 1880 | 1438 |
| Public Fin. Auth., Education Rev. Bonds (Coral Academy of Science Las Vegas), Series 2021-A, 4.00% 7/1/2041  | 180 | 164 |
| Public Fin. Auth., Education Rev. Bonds (Mater Academy of Nevada - East Las Vegas Campus Project), Series 2024-A, <br> 5.00% 12/15/2044 <sup>(a)</sup>  | 175 | 167 |
| Public Fin. Auth., Education Rev. Bonds (North Carolina Leadership Academy), Series 2019-A, 4.00% 6/15/2029 <sup>(a)</sup>  | 60 | 60 |
| Public Fin. Auth., Education Rev. Bonds (North Carolina Leadership Academy), Series 2019-A, 5.00% 6/15/2039 <sup>(a)</sup>  | 120 | 119 |
| Public Fin. Auth., Education Rev. Bonds (North Carolina Leadership Academy), Series 2019-A, 5.00% 6/15/2049 <sup>(a)</sup>  | 125 | 115 |
| Public Fin. Auth., Education Rev. Bonds (North Carolina Leadership Academy), Series 2019-A, 5.00% 6/15/2054 <sup>(a)</sup>  | 195 | 175 |
| Public Fin. Auth., Education Rev. Bonds (Signature Preparatory), Series 2021-A, 5.00% 6/15/2041 <sup>(a)</sup>  | 455 | 431 |
| Public Fin. Auth., Education Rev. Bonds (Signature Preparatory), Series 2021-A, 5.00% 6/15/2051 <sup>(a)</sup>  | 435 | 379 |
| Public Fin. Auth., Education Rev. Bonds (Signature Preparatory), Series 2021-A, 5.00% 6/15/2056 <sup>(a)</sup>  | 495 | 421 |
| Public Fin. Auth., Education Rev. Bonds (Triad Math & Science Academy), Series 2025, 5.25% 6/15/2065  | 310 | 293 |
| Public Fin. Auth., Education Rev. Ref. Bonds (Pinecrest Academy of Nevada-Sloan Canyon Campus Project), Series <br> 2024-A, 4.25% 7/15/2044 <sup>(a)</sup>  | 65 | 58 |
| Public Fin. Auth., Education Rev. Ref. Bonds (Pinecrest Academy of Nevada-Sloan Canyon Campus Project), Series <br> 2024-A, 4.50% 7/15/2049 <sup>(a)</sup>  | 180 | 159 |
| Public Fin. Auth., Educational Fac. Rev. Ref. Bonds (New Plan Learning, Inc. Project), Series 2021-A, 3.75% 7/1/2031  | 150 | 143 |
| Public Fin. Auth., Educational Fac. Rev. Ref. Bonds (New Plan Learning, Inc. Project), Series 2021-A, 5.00% 7/1/2041  | 2135 | 1985 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Charter Day School, Inc.), Series 2020-A, 5.00% 12/1/2035 <sup>(a)</sup>  | 380 | 384 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Charter Day School, Inc.), Series 2020-A, 5.00% 12/1/2045 <sup>(a)</sup>  | 885 | 812 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.375% 6/15/2039 <sup>(a)</sup>  | 5 | 5 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.70% 6/15/2044 <sup>(a)</sup>  | 30 | 30 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.875% 6/15/2054 <sup>(a)</sup>  | 70 | 69 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 6.00% 6/15/2064 <sup>(a)</sup>  | 230 | 226 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Queens University of Charlotte), Series 2022-A, 4.75% 3/1/2052  | 1285 | 1148 |
| Public Fin. Auth., Educational Facs. Rev. Ref. Bonds (Queens University of Charlotte), Series 2022-A, 5.25% 3/1/2047  | 100 | 99 |
| Public Fin. Auth., Exempt Facs. Rev. Ref. Bonds (National Gypsum Co.), Series 2016, AMT, 4.00% 8/1/2035  | 1135 | 1107 |
| Public Fin. Auth., Health Care Facs. Rev. Bonds (Appalachian Regional Healthcare System Obligated Group), Series <br> 2021-A, 4.00% 7/1/2046  | 500 | 402 |
| Public Fin. Auth., Health Care Facs. Rev. Bonds (Appalachian Regional Healthcare System Obligated Group), Series <br> 2021-A, 4.00% 7/1/2051  | 1355 | 1051 |
| Public Fin. Auth., Health Care Facs. Rev. Bonds (Appalachian Regional Healthcare System Obligated Group), Series <br> 2021-A, 4.00% 7/1/2056  | 1700 | 1259 |
| Public Fin. Auth., Hospital Rev. Bonds (Carson Valley Medical Center), Series 2021-A, 4.00% 12/1/2031 <sup>(a)</sup>  | 65 | 65 |
| Public Fin. Auth., Hospital Rev. Bonds (Carson Valley Medical Center), Series 2021-A, 4.00% 12/1/2041 <sup>(a)</sup>  | 390 | 358 |
| Public Fin. Auth., Hospital Rev. Bonds (Renown Regional Medical Center Project), Series 2020-A, AGI, 3.00% 6/1/2045  | 2355 | 1789 |
| Public Fin. Auth., Hotel Rev. Bonds (Grand Hyatt San Antonio Hotel Acquisition Project), Series 2022-B, 5.625% <br> 2/1/2046 <sup>(a)</sup>  | 1985 | 2030 |
| Public Fin. Auth., Hotel Rev. Bonds (Grand Hyatt San Antonio Hotel Acquisition Project), Series 2022-B, 5.75% <br>2/1/2052 <sup>(a)</sup>  | 295 | 300 |
| Public Fin. Auth., Hotel Rev. Bonds (Grand Hyatt San Antonio Hotel Acquisition Project), Series 2022-B, 6.00% <br>2/1/2062 <sup>(a)</sup>  | 275 | 282 |
| Public Fin. Auth., Infrastructure Program Anticipation Improvement and Rev. Ref. Bonds (Astro Texas Land Projects), <br> Series 2025, 5.00% 12/15/2036 <sup>(a)</sup>  | 2975 | 2950 |
| Public Fin. Auth., Infrastructure Program Anticipation Improvement and Rev. Ref. Bonds (Legacy Hills Project), Series <br> 2025, 6.00% 11/15/2045 <sup>(a)</sup>  | 3500 | 3401 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Heritage Bend Project), CAB, Series 2025, 0% <br> 12/15/2042 <sup>(a)</sup>  | 1065 | 328 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Mayfair Project), Series 2024-A-4, 5.50% <br>11/15/2032 <sup>(a)</sup>  | 1823 | 1828 |

---

---

| | |
|:---|:---|
| **187** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Sterling Traditions Project), CAB, Series 2025, 0% <br> 12/15/2041 <sup>(a)</sup>  | USD<br> 10,675<br>| $3958 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Two Step Project), CAB, Series 2024, 0% <br>12/15/2034 <sup>(a)</sup>  | 1181 | 694 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Wayside Project), Series 2024-A-2, 5.875% <br> 11/15/2027 <sup>(a)</sup>  | 1157 | 1157 |
| Public Fin. Auth., Infrastructure Program Rev. Bonds (Hartland Ranch Project), Series 2023, 6.25% 11/15/2029  | 90 | 90 |
| Public Fin. Auth., Limited Obligation Rev. Bonds (Town of Scarborough - The Downs Project), Series 2024, 5.00% <br> 8/1/2039  | 200 | 204 |
| Public Fin. Auth., Project Rev. Bonds (CFP3 - Eastern Michigan University Student Housing Project), Series 2022-A-1, <br> BAM, 5.50% 7/1/2052  | 350 | 366 |
| Public Fin. Auth., Project Rev. Bonds (CFP3 - Eastern Michigan University Student Housing Project), Series 2022-A-1, <br> BAM, 5.625% 7/1/2055  | 430 | 452 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Evergreens Obligated Group), Series 2019-A, 5.00% 11/15/2044  | 430 | 434 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Evergreens Obligated Group), Series 2019-A, 5.00% 11/15/2049  | 170 | 170 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 4.00% 11/15/2037  | 170 | 171 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 5.00% 11/15/2041  | 220 | 226 |
| Public Fin. Auth., Retirement Fac. Rev. Bonds (Penick Village), Series 2019, 4.00% 9/1/2029 <sup>(a)</sup>  | 615 | 615 |
| Public Fin. Auth., Retirement Fac. Rev. Bonds (Penick Village), Series 2019, 5.00% 9/1/2039 <sup>(a)</sup>  | 85 | 86 |
| Public Fin. Auth., Retirement Fac. Rev. Bonds (Penick Village), Series 2019, 5.00% 9/1/2049 <sup>(a)</sup>  | 310 | 285 |
| Public Fin. Auth., Retirement Fac. Rev. Bonds (Penick Village), Series 2019, 5.00% 9/1/2054 <sup>(a)</sup>  | 310 | 279 |
| Public Fin. Auth., Retirement Facs. First Mortgage Rev. and Rev. Ref. Bonds (The United Methodist Retirement Homes), <br> Series 2021-A, 4.00% 10/1/2034  | 100 | 102 |
| Public Fin. Auth., Retirement Facs. First Mortgage Rev. and Rev. Ref. Bonds (The United Methodist Retirement Homes), <br> Series 2021-A, 4.00% 10/1/2041  | 110 | 106 |
| Public Fin. Auth., Retirement Facs. First Mortgage Rev. and Rev. Ref. Bonds (The United Methodist Retirement Homes), <br> Series 2021-A, 4.00% 10/1/2046  | 120 | 106 |
| Public Fin. Auth., Retirement Facs. First Mortgage Rev. and Rev. Ref. Bonds (The United Methodist Retirement Homes), <br> Series 2021-A, 4.00% 10/1/2051  | 755 | 637 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Friends Homes), Series 2019, 4.00% 9/1/2029 <sup>(a)</sup>  | 195 | 197 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Friends Homes), Series 2019, 5.00% 9/1/2039 <sup>(a)</sup>  | 250 | 255 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Friends Homes), Series 2019, 5.00% 9/1/2049 <sup>(a)</sup>  | 695 | 662 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Friends Homes), Series 2019, 5.00% 9/1/2054 <sup>(a)</sup>  | 405 | 380 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Givens Estates), Series 2021, 4.00% 12/1/2051  | 275 | 228 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Givens Estates), Series 2021, 4.00% 12/1/2056  | 1135 | 920 |
| Public Fin. Auth., Rev. Bonds (Absolute Awakenings), Series 2025, 7.25% 1/1/2061 <sup>(a)</sup>  | 275 | 291 |
| Public Fin. Auth., Rev. Bonds (Aurora Integrated Oncology Foundation), Series 2023, 9.00% 11/1/2028 <sup>(a)</sup>  | 175 | 187 |
| Public Fin. Auth., Rev. Bonds (Aurora Integrated Oncology Foundation), Series 2023, 10.00% 11/1/2038 <sup>(a)</sup>  | 2410 | 2711 |
| Public Fin. Auth., Rev. Bonds (Bayhealth Medical Center Project), Series 2021-A, 3.00% 7/1/2050  | 550 | 402 |
| Public Fin. Auth., Rev. Bonds (Bayhealth Medical Center Project), Series 2021-A, BAM, 3.00% 7/1/2050  | 410 | 307 |
| Public Fin. Auth., Rev. Bonds (Inperium Project), Series 2024, 5.50% 12/1/2044 <sup>(a)</sup>  | 505 | 511 |
| Public Fin. Auth., Rev. Bonds (Inperium Project), Series 2024, 5.75% 12/1/2054 <sup>(a)</sup>  | 665 | 668 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.25% 11/15/2061  | 1385 | 1392 |
| Public Fin. Auth., Rev. Bonds (Ocean Academy Charter School), Series 2021, 4.00% 10/15/2031 <sup>(a)</sup>  | 35 | 34 |
| Public Fin. Auth., Rev. Bonds (Ocean Academy Charter School), Series 2021, 5.00% 10/15/2041 <sup>(a)</sup>  | 70 | 66 |
| Public Fin. Auth., Rev. Bonds (Ocean Academy Charter School), Series 2021, 5.00% 10/15/2056 <sup>(a)</sup>  | 200 | 170 |
| Public Fin. Auth., Rev. Bonds (Puerto Rico Toll Roads Monetization Project), Series 2024, AMT, 5.75% 7/1/2049  | 850 | 890 |
| Public Fin. Auth., Rev. Bonds (Puerto Rico Toll Roads Monetization Project), Series 2024, AMT, 5.75% 7/1/2054  | 2605 | 2709 |
| Public Fin. Auth., Rev. Bonds (Roseman University of Health Sciences Project), Series 2020, 5.00% 4/1/2040 <sup>(a)</sup>  | 670 | 674 |
| Public Fin. Auth., Rev. Bonds (The Obligated Group of National Senior Communities, Inc.), Series 2022, 4.00% <br> 1/1/2052  | 115 | 100 |
| Public Fin. Auth., Rev. Bonds (WFCS Portfolio Projects), Series 2020-A-1, 5.00% 1/1/2055 <sup>(a)</sup>  | 1395 | 1183 |
| Public Fin. Auth., Rev. Bonds (Wilson Preparatory Academy), Series 2019-A, 4.125% 6/15/2029 <sup>(a)</sup>  | 185 | 182 |
| Public Fin. Auth., Rev. Bonds (Wilson Preparatory Academy), Series 2019-A, 5.00% 6/15/2039 <sup>(a)</sup>  | 90 | 88 |
| Public Fin. Auth., Rev. Bonds (Wilson Preparatory Academy), Series 2019-A, 5.00% 6/15/2049 <sup>(a)</sup>  | 345 | 305 |
| Public Fin. Auth., Rev. Green Bonds (Fargo-Moorhead Metropolitan Area Flood Risk Management Project), Series <br> 2021, AMT, 4.00% 9/30/2051  | 1300 | 1077 |
| Public Fin. Auth., Rev. Green Bonds (Fargo-Moorhead Metropolitan Area Flood Risk Management Project), Series <br> 2021, AMT, 4.00% 3/31/2056  | 1480 | 1198 |
| Public Fin. Auth., Rev. Ref. Bonds (Celanese Corp.), Series 2016-C, AMT, 4.30% 11/1/2030  | 1750 | 1750 |
| Public Fin. Auth., Rev. Ref. Bonds (Roseman University of Health Sciences Project), Series 2022, 4.00% 4/1/2042 <sup>(a)</sup>  | 840 | 747 |
| Public Fin. Auth., Senior Living Rev. and Rev. Ref. Bonds (Fellowship Senior Living Project), Series 2019-A, 5.00% <br> 1/1/2046  | 1260 | 1227 |

---

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **188** |

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------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| Public Fin. Auth., Senior Living Rev. Bonds (Mary's Woods at Marylhurst Project), Series 2017-A, 5.25% 5/15/2052 <sup>(a)</sup>  | USD<br> 195<br>| $184 |
| Public Fin. Auth., Senior Living Rev. Ref. Bonds (Fellowship Senior Living Project), Series 2019-A, 5.00% 1/1/2035  | 3465 | 3581 |
| Public Fin. Auth., Senior Living Rev. Ref. Bonds (Fellowship Senior Living Project), Series 2019-A, 4.00% 1/1/2046  | 200 | 164 |
| Public Fin. Auth., Senior Living Rev. Ref. Bonds (Fellowship Senior Living Project), Series 2019-A, 4.00% 1/1/2052  | 225 | 174 |
| Public Fin. Auth., Social Rev. Bonds (The Carmelite System, Inc. Obligated Group), Series 2020, 5.00% 1/1/2040  | 250 | 255 |
| Public Fin. Auth., Social Rev. Bonds (The Carmelite System, Inc. Obligated Group), Series 2020, 5.00% 1/1/2045  | 390 | 390 |
| Public Fin. Auth., Special Fac. Rev. Bonds (General Aviation Facs. Project), Series 2024-B, AMT, 7.00% 9/1/2054 <sup>(a)</sup>  | 2225 | 2364 |
| Public Fin. Auth., Special Fac. Rev. Bonds (Million Air Three LLC General Aviation Facs. Project), Series 2024-A, AMT, <br> 5.75% 9/1/2035 <sup>(a)</sup>  | 115 | 121 |
| Public Fin. Auth., Special Fac. Rev. Bonds (Million Air Three LLC General Aviation Facs. Project), Series 2024-A, AMT, <br> 6.25% 9/1/2046 <sup>(a)</sup>  | 305 | 315 |
| Public Fin. Auth., Special Facs. Rev. Bonds (Sky Harbour Capital, LLC Aviation Facs. Project), Series 2021, AMT, 4.25% <br> 7/1/2054  | 500 | 412 |
| Public Fin. Auth., Special Rev. Bonds (Candela Project), Series 2023, 6.125% 12/15/2029 <sup>(a)</sup>  | 323 | 327 |
| Public Fin. Auth., Special Rev. Bonds (Signorelli Projects, Municipal Utility Dists., Montgomery and Waller Counties), <br> Series 2024, 5.375% 12/15/2032 <sup>(a)</sup>  | 1346 | 1346 |
| Public Fin. Auth., Student Housing Rev. Bonds (CHF-Cullowhee, LLC - Western Carolina University Project), Series <br> 2015-A, 5.00% 7/1/2030  | 370 | 370 |
| Public Fin. Auth., Student Housing Rev. Bonds (CHF-Cullowhee, LLC - Western Carolina University Project), Series 2015, <br> 5.00% 7/1/2035  | 110 | 110 |
| Public Fin. Auth., Student Housing Rev. Bonds (CHF-Cullowhee, LLC - Western Carolina University Project), Series 2015, <br> 5.25% 7/1/2047  | 215 | 211 |
| Public Fin. Auth., Student Housing Rev. Bonds (CHF-Manoa, LLC UH Residences for Graduate Students), Series 2023-A, <br> 5.75% 7/1/2053 <sup>(a)</sup>  | 480 | 482 |
| Public Fin. Auth., Student Housing Rev. Bonds (CHF-Manoa, LLC UH Residences for Graduate Students), Series 2023-A, <br> 5.75% 7/1/2063 <sup>(a)</sup>  | 1205 | 1200 |
| Public Fin. Auth., Student Housing Rev. Bonds (CHF-Wilmington, LLC - University of North Carolina Project), Series <br> 2018, AGI, 5.00% 7/1/2058  | 250 | 250 |
| Public Fin. Auth., Student Housing Rev. Bonds (NC A&T Real Estate Foundation, LLC Project), Series 2019-A, 5.00% <br> 6/1/2034  | 285 | 295 |
| Public Fin. Auth., Student Housing Rev. Bonds (NC A&T Real Estate Foundation, LLC Project), Series 2019-A, 5.00% <br> 6/1/2039  | 225 | 229 |
| Public Fin. Auth., Student Housing Rev. Bonds (NC A&T Real Estate Foundation, LLC Project), Series 2019-B, 5.00% <br> 6/1/2039  | 275 | 280 |
| Public Fin. Auth., Student Housing Rev. Bonds (NC A&T Real Estate Foundation, LLC Project), Series 2019-A, 5.00% <br> 6/1/2044  | 150 | 149 |
| Public Fin. Auth., Student Housing Rev. Bonds (NC A&T Real Estate Foundation, LLC Project), Series 2019-A, 5.00% <br> 6/1/2049  | 360 | 349 |
| Public Fin. Auth., Student Housing Rev. Green Bonds (University of Hawaii Foundation Project), Series 2021-A-1, 4.00% <br> 7/1/2061 <sup>(a)</sup>  | 625 | 439 |
| Public Fin. Auth., Toll Rev. Bonds (Georgia SR 400 Express Lane Project), Series 2025, AMT, 5.75% 6/30/2060  | 1560 | 1611 |
| Public Fin. Auth., Toll Rev. Bonds (Georgia SR 400 Express Lane Project), Series 2025, AMT, 6.50% 6/30/2060  | 2215 | 2434 |
| Public Fin. Auth., Toll Rev. Bonds (Georgia SR 400 Express Lane Project), Series 2025, AMT, 5.75% 12/31/2065  | 5245 | 5405 |
| Public Fin. Auth., Toll Rev. Bonds (Georgia SR 400 Express Lane Project), Series 2025, AMT, 6.50% 12/31/2065  | 2030 | 2223 |
| Public Fin. Auth., Pooled Charter School Certs., Series 2023-1-B, 0.001% 7/1/2062 <sup>(a)(b)</sup>  | 5035 | 4034 |
| Public Fin. Auth., Pooled Charter School Certs., Series 2023-1, 5.75% 7/1/2062  | 2644 | 2767 |
|  |  | 121969 |
| **Wyoming 0.00%** | **Wyoming 0.00%** | **Wyoming 0.00%** |
| Community Dev. Auth., Housing Rev. Bonds, Series 2024-1, 6.00% 12/1/2054  | 55 | 60 |
| **Total bonds, notes & other debt instruments** (cost: $2,317,643,000) |  | 2384502 |
| Rights & warrants 0.00% | Shares |  |
| **Industrials 0.00%** | **Industrials 0.00%** | **Industrials 0.00%** |
| BL Train Holdings West, LLC, warrants, expire 11/26/2035 | 51870 | — <br><sup>(h)</sup><br>|
| **Total rights & warrants** (cost: $0) |  | — <br><sup>(h)</sup><br>|

---

---

| | |
|:---|:---|
| **189** | Capital Group Fixed Income ETF Trust |

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------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Short-term securities 2.83% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Municipals 2.83%** | **Municipals 2.83%** | **Municipals 2.83%** |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2014-A, <br> 1.85% 11/15/2052 <sup>(b)</sup>  | USD<br> 1,500<br>| $1500 |
| State of Arizona, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Phoenix Children's Hospital), Series 2019-A, 2.45% <br> 2/1/2048 <sup>(b)</sup>  | 5600 | 5600 |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. <br> Project), Series 2013, AMT, 3.45% 12/1/2035 (put 2/2/2026) <sup>(i)</sup>  | 550 | 550 |
| State of Florida, City of Gainesville, Utilities System Rev. Bonds, Series 2019-C, 2.58% 10/1/2047 <sup>(b)</sup>  | 345 | 345 |
| State of Hawaii, Dept. of Budget and Fin., Special Purpose Rev. Bonds (The Queen's Health Systems), Series 2025-B, <br> 2.30% 7/1/2060 <sup>(b)</sup>  | 2000 | 2000 |
| State of Illinois, Fin. Auth., Demand Rev. Bonds (University of Chicago Medical Center), Series 2011-A, 2.50% <br>8/1/2044 <sup>(b)</sup>  | 1600 | 1600 |
| State of Maryland, County of Montgomery, GO Consolidated Public Improvement Bonds, Series 2017-E, 2.45% <br> 11/1/2037 <sup>(b)</sup>  | 17170 | 17170 |
| State of Michigan, Regents of the University of Michigan, General Rev. Bonds, Series 2012-B, 2.25% 4/1/2042 <sup>(b)</sup>  | 3800 | 3800 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), <br> Series 2010-J, 2.50% 11/1/2035 <sup>(b)</sup>  | 1245 | 1245 |
| State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), <br> Series 2000-B, 2.40% 3/1/2040 <sup>(b)</sup>  | 3600 | 3600 |
| State of New York, New York City GO Bonds, Fiscal 2013, Series 2013-F-3, 2.50% 3/1/2042 <sup>(b)</sup>  | 3300 | 3300 |
| State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. <br> Bonds, Series 2011-FF-1, 2.50% 6/15/2044 <sup>(b)</sup>  | 2600 | 2600 |
| State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. <br> Bonds, Series 2015-BB-1, 2.50% 6/15/2049 <sup>(b)</sup>  | 3900 | 3900 |
| State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. <br> Bonds, Series 2016-AA-1, 2.50% 6/15/2048 <sup>(b)</sup>  | 2500 | 2500 |
| State of South Carolina, Jobs-Econ. Dev. Auth., Hospital Rev. Bonds (Prisma Health Obligated Group), Series 2018-B, <br> 2.45% 5/1/2048 <sup>(b)</sup>  | 11000 | 11000 |
| State of Tennessee, City of Clarksville, Public Building Auth., Pooled Fncg. Rev. Bonds, Series 2003, Bank of America <br> LOC, 2.58% 1/1/2033 <sup>(b)</sup>  | 590 | 590 |
| State of Texas, Capital Area Housing Fin. Corp., Multi Family Housing Rev. Bonds (Redwood Apartments), Series 2020, <br> 3.20% 1/1/2041 (put 1/1/2027) <sup>(i)</sup>  | 175 | 175 |
| State of Texas, Gulf Coast Industrial Dev. Auth., Rev. Bonds (ExxonMobil Project), Series 2012, 2.55% 11/1/2041 <sup>(b)</sup>  | 3400 | 3400 |
| State of Wyoming, County of Lincoln, Pollution Control Rev. Ref. Bonds (ExxonMobil Project), Series 2014, 2.52% <br> 10/1/2044 <sup>(b)</sup>  | 5400 | 5400 |
|  |  | 70275 |
| **Total short-term securities** (cost: $70,275,000) |  | 70275 |
| **Total investment securities 98.87%** (cost: $2,387,918,000) |  | 2454777 |
| Other assets less liabilities 1.13% |  | 28099 |
| **Net assets 100.00%** |  | $2482876 |

---

**Restricted security** <sup>(g)</sup>

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh <br> Valley), Series 2024-A, 5.10% 6/15/2039 <br>| 8/18/2025 | $2148 | $2279 | 0.10<br> %<br>|
| County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh <br> Valley), Series 2024-B, 8.00% 6/15/2039 <br>| 8/18/2025 | 1431 | 1465 | 0.06 |
|  |  | $3579 | $3744 | 0.16<br> %<br>|

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **190** |

---

------

Capital Group Municipal High-Income ETF (continued)

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

<sup>(a)</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 $542,057,000, which represented 21.83% of the net assets of the fund. 

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

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

<sup>(e)</sup> Scheduled interest payment was not received. Coupon payments are paid at the election of the issuer and any unpaid amounts are accumulated.

<sup>(f)</sup> Scheduled interest and/or principal payment was not received.

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

<sup>(i)</sup> For short-term securities, the mandatory put date is considered to be the maturity date.

---

| |
|:---|
| **Key to abbreviation(s)** |
| Agcy. = Agency |
| AGI = Assured Guaranty insured |
| AMBAC = American Municipal Bond Assurance Company insured |
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| BAM = Build America Mutual insured |
| CAB = Capital Appreciation Bonds |
| Certs. = Certificates |
| CME = CME Group |
| Dept. = Department |
| Dev. = Development |
| Dist. = District |
| Dists. = Districts |
| Econ. = Economic |

---

---

| |
|:---|
| Fac. = Facility |
| Facs. = Facilities |
| FHA = Federal Housing Administration insured |
| Fin. = Finance |
| Fncg. = Financing |
| GO = General Obligation |
| NATL = National Public Finance Guarantee Corp. insured |
| Part. = Participation |
| preref. = Prerefunded |
| Redev. = Redevelopment |
| Ref. = Refunding |
| Rev. = Revenue |
| SIFMA = Securities Industry and Financial Markets Association |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **191** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 97.16% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes 39.05%** | **Corporate bonds and notes 39.05%** | **Corporate bonds and notes 39.05%** |
| **Financials 16.95%** |  |  |
| American Express Co. 4.90% 2/13/2026  | USD<br> 279<br>| $279 |
| American Express Co. 5.043% 7/26/2028 (USD-SOFR + 0.93% on 7/26/2027) <sup>(a)</sup>  | 1815 | 1846 |
| American Express Co. 5.532% 4/25/2030 (USD-SOFR + 1.09% on 4/25/2029) <sup>(a)</sup>  | 335 | 350 |
| American Express Co. 5.085% 1/30/2031 (USD-SOFR + 1.02% on 1/30/2030) <sup>(a)</sup>  | 800 | 825 |
| American Express Co. 5.016% 4/25/2031 (USD-SOFR + 1.44% on 4/25/2030) <sup>(a)</sup>  | 1200 | 1237 |
| American International Group, Inc. 4.85% 5/7/2030  | 2200 | 2256 |
| Aon North America, Inc. 5.125% 3/1/2027  | 5285 | 5352 |
| Aon North America, Inc. 5.15% 3/1/2029  | 1660 | 1708 |
| Arthur J. Gallagher & Co. 4.60% 12/15/2027  | 5790 | 5855 |
| Arthur J. Gallagher & Co. 4.85% 12/15/2029  | 1900 | 1946 |
| Bank of America Corp. 5.08% 1/20/2027 (USD-SOFR + 1.29% on 1/20/2026) <sup>(a)</sup>  | 200 | 200 |
| Bank of America Corp. 4.948% 7/22/2028 (USD-SOFR + 2.04% on 7/22/2027) <sup>(a)</sup>  | 9584 | 9724 |
| Bank of America Corp. 4.979% 1/24/2029 (USD-SOFR + 0.83% on 1/24/2028) <sup>(a)</sup>  | 3350 | 3413 |
| Bank of America Corp. 5.202% 4/25/2029 (USD-SOFR + 1.63% on 4/25/2028) <sup>(a)</sup>  | 3272 | 3356 |
| Bank of America Corp. 2.884% 10/22/2030 (3-month USD CME Term SOFR + 1.19% on 10/22/2029) <sup>(a)</sup>  | 222 | 211 |
| Bank of America Corp. 5.162% 1/24/2031 (USD-SOFR + 1.00% on 1/24/2030) <sup>(a)</sup>  | 3385 | 3495 |
| Bank of America Corp. 3.824% 1/20/2028 (3-month USD CME Term SOFR + 1.837% on 1/20/2027) <sup>(a)</sup>  | 150 | 150 |
| Bank of Montreal 5.004% 1/27/2029 (USD-SOFR Index + 0.67% on 1/27/2028) <sup>(a)</sup>  | 3600 | 3670 |
| Bank of New York Mellon Corp. 4.975% 3/14/2030 (USD-SOFR + 1.085% on 3/14/2029) <sup>(a)</sup>  | 178 | 183 |
| Bank of New York Mellon Corp. 4.942% 2/11/2031 (USD-SOFR + 0.887% on 2/11/2030) <sup>(a)</sup>  | 1500 | 1543 |
| Bank of Nova Scotia (The) 4.043% 9/15/2028 (USD-SOFR + 0.76% on 9/15/2027) <sup>(a)</sup>  | 2600 | 2601 |
| BNP Paribas SA 5.497% 5/20/2030 (USD-SOFR + 1.59% on 5/20/2029) <sup>(a)(b)</sup>  | 300 | 311 |
| BPCE SA 6.612% 10/19/2027 (USD-SOFR + 1.98% on 10/19/2026) <sup>(a)(b)</sup>  | 7059 | 7194 |
| BPCE SA 5.876% 1/14/2031 (USD-SOFR + 1.68% on 1/14/2030) <sup>(a)(b)</sup>  | 1604 | 1677 |
| BPCE SA 5.389% 5/28/2031 (USD-SOFR + 1.581% on 5/28/2030) <sup>(a)(b)</sup>  | 1038 | 1066 |
| Brown & Brown, Inc. 4.60% 12/23/2026  | 3125 | 3142 |
| Brown & Brown, Inc. 4.70% 6/23/2028  | 7600 | 7694 |
| Brown & Brown, Inc. 4.90% 6/23/2030  | 2390 | 2425 |
| CaixaBank SA 6.684% 9/13/2027 (USD-SOFR + 2.08% on 9/13/2026) <sup>(a)(b)</sup>  | 5564 | 5662 |
| CaixaBank SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(a)(b)</sup>  | 125 | 130 |
| CaixaBank SA 4.634% 7/3/2029 (USD-SOFR + 1.14% on 7/3/2028) <sup>(a)(b)</sup>  | 2950 | 2983 |
| CaixaBank SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029) <sup>(a)(b)</sup>  | 290 | 301 |
| CaixaBank SA 4.885% 7/3/2031 (USD-SOFR + 1.36% on 7/3/2030) <sup>(a)(b)</sup>  | 1799 | 1826 |
| Canadian Imperial Bank of Commerce 4.508% 9/11/2027 (USD-SOFR + 0.93% on 9/11/2026) <sup>(a)</sup>  | 5945 | 5965 |
| Canadian Imperial Bank of Commerce 4.857% 3/30/2029 (USD-SOFR + 1.03% on 3/31/2028) <sup>(a)</sup>  | 3475 | 3533 |
| Canadian Imperial Bank of Commerce 5.245% 1/13/2031 (USD-SOFR + 1.105% on 1/13/2030) <sup>(a)</sup>  | 1225 | 1264 |
| Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029) <sup>(a)</sup>  | 213 | 222 |
| Charles Schwab Corp. (The) 5.875% 8/24/2026  | 400 | 405 |
| Charles Schwab Corp. (The) 5.643% 5/19/2029 (USD-SOFR + 2.21% on 5/19/2028) <sup>(a)</sup>  | 115 | 119 |
| Citibank, NA 5.438% 4/30/2026  | 3500 | 3514 |
| Citibank, NA 4.929% 8/6/2026  | 1510 | 1518 |
| Citibank, NA 4.576% 5/29/2027  | 4400 | 4446 |
| Citibank, NA 4.838% 8/6/2029  | 780 | 798 |
| Citibank, NA 4.914% 5/29/2030  | 903 | 929 |
| Citigroup, Inc. 1.122% 1/28/2027 (USD-SOFR + 0.765% on 1/28/2026) <sup>(a)</sup>  | 500 | 499 |
| Citigroup, Inc. 3.887% 1/10/2028 (3-month USD CME Term SOFR + 1.825% on 1/10/2027) <sup>(a)</sup>  | 200 | 200 |
| Citigroup, Inc. 4.786% 3/4/2029 (USD-SOFR + 0.87% on 3/4/2028) <sup>(a)</sup>  | 7700 | 7811 |
| Citigroup, Inc. 5.174% 2/13/2030 (USD-SOFR + 1.364% on 2/13/2029) <sup>(a)</sup>  | 550 | 565 |
| Citigroup, Inc. 4.952% 5/7/2031 (USD-SOFR + 1.463% on 5/7/2030) <sup>(a)</sup>  | 3738 | 3819 |
| Citigroup, Inc. 4.503% 9/11/2031 (USD-SOFR + 1.171% on 9/11/2030) <sup>(a)</sup>  | 2050 | 2057 |
| Citizens Financial Group, Inc. 5.841% 1/23/2030 (USD-SOFR + 2.01% on 1/23/2029) <sup>(a)</sup>  | 379 | 395 |
| Deutsche Bank AG 2.552% 1/7/2028 (USD-SOFR + 1.318% on 1/7/2027) <sup>(a)</sup>  | 8035 | 7904 |
| Deutsche Bank AG 5.706% 2/8/2028 (USD-SOFR + 1.594% on 2/8/2027) <sup>(a)</sup>  | 150 | 152 |
| Deutsche Bank AG 4.999% 9/11/2030 (USD-SOFR + 1.70% on 9/11/2029) <sup>(a)</sup>  | 475 | 482 |
| Deutsche Bank AG 5.297% 5/9/2031 (USD-SOFR + 1.72% on 5/9/2030) <sup>(a)</sup>  | 1350 | 1384 |
| Deutsche Bank AG 3.547% 9/18/2031 (USD-SOFR + 3.043% on 9/18/2030) <sup>(a)</sup>  | 225 | 215 |
| Fifth Third Bancorp 4.895% 9/6/2030 (USD-SOFR + 1.486% on 9/6/2029) <sup>(a)</sup>  | 184 | 187 |
| Fifth Third Bank, National Association 4.967% 1/28/2028 (USD-SOFR + 0.81% on 1/28/2027) <sup>(a)</sup>  | 6632 | 6696 |
| Goldman Sachs Group, Inc. 1.542% 9/10/2027 (USD-SOFR + 0.818% on 9/10/2026) <sup>(a)</sup>  | 290 | 285 |
| Goldman Sachs Group, Inc. 2.64% 2/24/2028 (USD-SOFR + 1.114% on 2/24/2027) <sup>(a)</sup>  | 595 | 586 |
| Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) <sup>(a)</sup>  | 4569 | 4774 |
| Goldman Sachs Group, Inc. 4.692% 10/23/2030 (USD-SOFR + 1.135% on 10/23/2029) <sup>(a)</sup>  | 3094 | 3137 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **192** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Financials (continued)** |  |  |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(a)</sup>  | USD<br> 2,400<br>| $2479 |
| Goldman Sachs Group, Inc. 4.369% 10/21/2031 (USD-SOFR + 1.06% on 10/21/2030) <sup>(a)</sup>  | 2119 | 2114 |
| HSBC Holdings PLC 5.597% 5/17/2028 (USD-SOFR + 1.06% on 5/17/2027) <sup>(a)</sup>  | 750 | 764 |
| HSBC Holdings PLC 5.13% 3/3/2031 (USD-SOFR + 1.29% on 3/3/2030) <sup>(a)</sup>  | 1400 | 1435 |
| HSBC Holdings PLC 4.619% 11/6/2031 (USD-SOFR + 1.19% on 11/6/2030) <sup>(a)</sup>  | 2435 | 2443 |
| JPMorgan Chase & Co. 1.04% 2/4/2027 (USD-SOFR + 0.695% on 2/4/2026) <sup>(a)</sup>  | 197 | 196 |
| JPMorgan Chase & Co. 5.04% 1/23/2028 (USD-SOFR + 1.19% on 1/23/2027) <sup>(a)</sup>  | 11263 | 11383 |
| JPMorgan Chase & Co. 5.571% 4/22/2028 (USD-SOFR + 0.93% on 4/22/2027) <sup>(a)</sup>  | 2705 | 2760 |
| JPMorgan Chase & Co. 4.323% 4/26/2028 (USD-SOFR + 1.56% on 4/26/2027) <sup>(a)</sup>  | 216 | 217 |
| JPMorgan Chase & Co. 5.299% 7/24/2029 (USD-SOFR + 1.45% on 7/24/2028) <sup>(a)</sup>  | 2850 | 2938 |
| JPMorgan Chase & Co. 5.581% 4/22/2030 (USD-SOFR + 1.16% on 4/22/2029) <sup>(a)</sup>  | 1145 | 1195 |
| JPMorgan Chase & Co. 4.995% 7/22/2030 (USD-SOFR + 1.125% on 7/22/2029) <sup>(a)</sup>  | 2393 | 2457 |
| JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) <sup>(a)</sup>  | 5180 | 5254 |
| JPMorgan Chase & Co. 5.103% 4/22/2031 (USD-SOFR + 1.435% on 4/22/2030) <sup>(a)</sup>  | 2889 | 2984 |
| Lloyds Banking Group PLC 5.985% 8/7/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.48% <br> on 8/7/2026) <sup>(a)</sup>  | 4565 | 4617 |
| Lloyds Banking Group PLC 5.462% 1/5/2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.375% <br> on 1/5/2027) <sup>(a)</sup>  | 3735 | 3786 |
| Marsh & McLennan Cos., Inc. 4.55% 11/8/2027  | 2650 | 2683 |
| Marsh & McLennan Cos., Inc. 4.65% 3/15/2030  | 1355 | 1384 |
| Metropolitan Life Global Funding I 3.45% 12/18/2026 <sup>(b)</sup>  | 3985 | 3972 |
| Morgan Stanley 5.05% 1/28/2027 (USD-SOFR + 1.295% on 1/28/2026) <sup>(a)</sup>  | 270 | 270 |
| Morgan Stanley 5.652% 4/13/2028 (USD-SOFR + 1.01% on 4/13/2027) <sup>(a)</sup>  | 8331 | 8497 |
| Morgan Stanley 4.21% 4/20/2028 (USD-SOFR + 1.61% on 4/20/2027) <sup>(a)</sup>  | 125 | 125 |
| Morgan Stanley 6.296% 10/18/2028 (USD-SOFR + 2.44% on 10/18/2027) <sup>(a)</sup>  | 108 | 112 |
| Morgan Stanley 5.449% 7/20/2029 (USD-SOFR + 1.63% on 7/20/2028) <sup>(a)</sup>  | 4020 | 4149 |
| Morgan Stanley 4.133% 10/18/2029 (USD-SOFR + 0.913% on 10/18/2028) <sup>(a)</sup>  | 4950 | 4949 |
| Morgan Stanley 5.173% 1/16/2030 (USD-SOFR + 1.45% on 1/16/2029) <sup>(a)</sup>  | 575 | 591 |
| Morgan Stanley 5.656% 4/18/2030 (USD-SOFR + 1.26% on 4/18/2029) <sup>(a)</sup>  | 2157 | 2248 |
| Morgan Stanley 5.042% 7/19/2030 (USD-SOFR + 1.215% on 7/19/2029) <sup>(a)</sup>  | 2460 | 2523 |
| Morgan Stanley 5.23% 1/15/2031 (USD-SOFR + 1.108% on 1/15/2030) <sup>(a)</sup>  | 1738 | 1793 |
| Morgan Stanley 5.192% 4/17/2031 (USD-SOFR + 1.51% on 4/17/2030) <sup>(a)</sup>  | 2350 | 2424 |
| National Australia Bank, Ltd. 5.087% 6/11/2027  | 2300 | 2345 |
| National Australia Bank, Ltd. 4.50% 10/26/2027  | 1050 | 1065 |
| 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>(a)</sup>  | 225 | 223 |
| NatWest Group PLC 5.583% 3/1/2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.10% on <br> 3/1/2027) <sup>(a)</sup>  | 5590 | 5691 |
| Navient Corp. 6.75% 6/15/2026  | 3000 | 3042 |
| New York Life Global Funding 4.60% 12/5/2029 <sup>(b)</sup>  | 964 | 980 |
| PNC Bank, NA 4.543% 5/13/2027 (USD-SOFR + 0.63% on 5/13/2026) <sup>(a)</sup>  | 1720 | 1723 |
| PNC Financial Services Group, Inc. 4.758% 1/26/2027 (USD-SOFR + 1.085% on 1/26/2026) <sup>(a)</sup>  | 5110 | 5112 |
| PNC Financial Services Group, Inc. 6.615% 10/20/2027 (USD-SOFR + 1.73% on 10/20/2026) <sup>(a)</sup>  | 6355 | 6483 |
| PNC Financial Services Group, Inc. 5.582% 6/12/2029 (USD-SOFR + 1.841% on 6/12/2028) <sup>(a)</sup>  | 108 | 112 |
| PNC Financial Services Group, Inc. 5.222% 1/29/2031 (USD-SOFR + 1.072% on 1/29/2030) <sup>(a)</sup>  | 394 | 408 |
| Royal Bank of Canada 4.875% 1/12/2026  | 1580 | 1580 |
| Royal Bank of Canada 4.65% 10/18/2030 (USD-SOFR + 1.08% on 10/18/2029) <sup>(a)</sup>  | 1700 | 1725 |
| Royal Bank of Canada 5.153% 2/4/2031 (USD-SOFR + 1.03% on 2/4/2030) <sup>(a)</sup>  | 1510 | 1555 |
| Royal Bank of Canada 4.97% 5/2/2031 (USD-SOFR Index + 1.13% on 5/2/2030) <sup>(a)</sup>  | 1350 | 1381 |
| State Street Corp. 4.834% 4/24/2030  | 1150 | 1185 |
| Sumitomo Mitsui Financial Group, Inc. 5.80% 7/13/2028  | 1664 | 1734 |
| Toronto-Dominion Bank (The) 4.568% 12/17/2026  | 4520 | 4549 |
| Toronto-Dominion Bank (The) 4.861% 1/31/2028  | 2150 | 2186 |
| Toronto-Dominion Bank (The) 5.523% 7/17/2028  | 180 | 187 |
| Toronto-Dominion Bank (The) 4.783% 12/17/2029  | 458 | 469 |
| Truist Bank 4.671% 5/20/2027 (USD-SOFR + 0.59% on 5/20/2026) <sup>(a)</sup>  | 450 | 451 |
| Truist Financial Corp. 6.047% 6/8/2027 (USD-SOFR + 2.05% on 6/8/2026) <sup>(a)</sup>  | 7776 | 7840 |
| Truist Financial Corp. 5.435% 1/24/2030 (USD-SOFR + 1.62% on 1/24/2029) <sup>(a)</sup>  | 149 | 154 |
| Truist Financial Corp. 5.071% 5/20/2031 (USD-SOFR + 1.309% on 5/20/2030) <sup>(a)</sup>  | 592 | 608 |
| U.S. Bancorp 5.775% 6/12/2029 (USD-SOFR + 2.02% on 6/12/2028) <sup>(a)</sup>  | 266 | 277 |
| U.S. Bancorp 5.384% 1/23/2030 (USD-SOFR + 1.56% on 1/23/2029) <sup>(a)</sup>  | 100 | 104 |
| UBS Group AG 1.305% 2/2/2027 (USD-SOFR + 0.98% on 2/2/2026) <sup>(a)(b)</sup>  | 3950 | 3939 |

---

---

| | |
|:---|:---|
| **193** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Financials (continued)** |  |  |
| UBS Group AG 1.494% 8/10/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on <br> 8/10/2026) <sup>(a)(b)</sup>  | USD<br> 515<br>| $507 |
| 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>(a)(b)</sup>  | 1330 | 1376 |
| Wells Fargo & Co. 5.707% 4/22/2028 (USD-SOFR + 1.07% on 4/22/2027) <sup>(a)</sup>  | 9825 | 10030 |
| Wells Fargo & Co. 4.808% 7/25/2028 (USD-SOFR + 1.98% on 7/25/2027) <sup>(a)</sup>  | 3145 | 3181 |
| Wells Fargo & Co. 5.574% 7/25/2029 (USD-SOFR + 1.74% on 7/25/2028) <sup>(a)</sup>  | 4745 | 4917 |
| Wells Fargo & Co. 5.198% 1/23/2030 (USD-SOFR + 1.50% on 1/23/2029) <sup>(a)</sup>  | 325 | 335 |
| Wells Fargo & Co. 5.15% 4/23/2031 (USD-SOFR + 1.50% on 4/23/2030) <sup>(a)</sup>  | 5460 | 5637 |
| Wells Fargo Bank, N.A. 5.45% 8/7/2026  | 1700 | 1714 |
| Willis North America, Inc. 4.65% 6/15/2027  | 1340 | 1351 |
|  |  | 317370 |
| **Utilities 4.04%** |  |  |
| CenterPoint Energy Houston Electric, LLC 5.20% 10/1/2028  | 250 | 258 |
| Consumers Energy Co. 4.70% 1/15/2030  | 564 | 577 |
| DTE Energy Co. 4.95% 7/1/2027  | 450 | 456 |
| DTE Energy Co. 5.10% 3/1/2029  | 350 | 359 |
| Duke Energy Florida, LLC 4.20% 12/1/2030  | 4000 | 4008 |
| Edison International 5.25% 11/15/2028  | 1450 | 1470 |
| Edison International 5.45% 6/15/2029  | 1731 | 1763 |
| Edison International 6.95% 11/15/2029  | 223 | 238 |
| Edison International 6.25% 3/15/2030  | 1377 | 1441 |
| Eversource Energy 5.95% 2/1/2029  | 1139 | 1191 |
| Eversource Energy 4.45% 12/15/2030  | 4300 | 4278 |
| Florida Power & Light Co. 5.15% 6/15/2029  | 1145 | 1190 |
| Georgia Power Co. 5.004% 2/23/2027  | 1647 | 1669 |
| Georgia Power Co. 4.65% 5/16/2028  | 400 | 407 |
| NextEra Energy Capital Holdings, Inc. 4.685% 9/1/2027  | 2200 | 2227 |
| NiSource, Inc. 5.20% 7/1/2029  | 475 | 490 |
| Pacific Gas and Electric Co. 3.15% 1/1/2026  | 2560 | 2560 |
| Pacific Gas and Electric Co. 2.95% 3/1/2026  | 3384 | 3376 |
| Pacific Gas and Electric Co. 5.00% 6/4/2028  | 7336 | 7469 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028  | 7569 | 7627 |
| Pacific Gas and Electric Co. 5.55% 5/15/2029  | 1465 | 1514 |
| PacifiCorp 5.10% 2/15/2029  | 405 | 413 |
| Public Service Enterprise Group, Inc. 4.90% 3/15/2030  | 1282 | 1311 |
| Public Service Enterprise Group, Inc. 1.60% 8/15/2030  | 475 | 421 |
| Southern California Edison Co. 4.90% 6/1/2026  | 4584 | 4591 |
| Southern California Edison Co. 5.85% 11/1/2027  | 10114 | 10401 |
| Southern California Edison Co. 5.30% 3/1/2028  | 300 | 306 |
| Southern California Edison Co. 5.65% 10/1/2028  | 185 | 192 |
| Southern California Edison Co. 5.25% 3/15/2030  | 2402 | 2465 |
| Southern California Edison Co. 2.50% 6/1/2031  | 293 | 263 |
| Wisconsin Public Service Corp. 4.55% 12/1/2029  | 1100 | 1121 |
| Xcel Energy, Inc. 3.35% 12/1/2026  | 5945 | 5910 |
| Xcel Energy, Inc. 4.75% 3/21/2028  | 3527 | 3576 |
|  |  | 75538 |
| **Health care 3.47%** |  |  |
| AbbVie, Inc. 4.80% 3/15/2027  | 2375 | 2401 |
| AbbVie, Inc. 4.80% 3/15/2029  | 1718 | 1761 |
| Amgen, Inc. 2.20% 2/21/2027  | 7231 | 7097 |
| Amgen, Inc. 5.15% 3/2/2028  | 5394 | 5521 |
| AstraZeneca Finance, LLC 4.85% 2/26/2029  | 792 | 813 |
| Baxter International, Inc. 1.915% 2/1/2027  | 3636 | 3550 |
| Baxter International, Inc. 4.45% 2/15/2029  | 1884 | 1891 |
| Baxter International, Inc. 4.90% 12/15/2030  | 1967 | 1983 |
| Becton, Dickinson and Co. 4.874% 2/8/2029  | 100 | 102 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **194** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Health care (continued)** |  |  |
| Cigna Group (The) 5.00% 5/15/2029  | USD<br> 500<br>| $514 |
| Cigna Group (The) 4.50% 9/15/2030  | 2102 | 2117 |
| CVS Health Corp. 5.00% 2/20/2026  | 6150 | 6152 |
| CVS Health Corp. 5.00% 1/30/2029  | 210 | 214 |
| CVS Health Corp. 5.40% 6/1/2029  | 2095 | 2171 |
| Elevance Health, Inc. 4.00% 9/15/2028  | 3250 | 3246 |
| Elevance Health, Inc. 4.75% 2/15/2030  | 451 | 460 |
| Eli Lilly and Co. 4.75% 2/12/2030  | 1192 | 1226 |
| GE HealthCare Technologies, Inc. 4.80% 8/14/2029  | 159 | 163 |
| HCA, Inc. 5.25% 6/15/2026  | 205 | 205 |
| HCA, Inc. 5.00% 3/1/2028  | 3550 | 3617 |
| Johnson & Johnson 4.80% 6/1/2029  | 750 | 775 |
| Pfizer Investment Enterprises Pte., Ltd. 4.45% 5/19/2028  | 830 | 841 |
| Pfizer, Inc. 4.20% 11/15/2030  | 4250 | 4271 |
| Stryker Corp. 4.70% 2/10/2028  | 2600 | 2639 |
| Stryker Corp. 4.85% 2/10/2030  | 1400 | 1438 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026  | 6566 | 6505 |
| UnitedHealth Group, Inc. 4.75% 7/15/2026  | 1200 | 1205 |
| UnitedHealth Group, Inc. 4.80% 1/15/2030  | 585 | 600 |
| UnitedHealth Group, Inc. 4.65% 1/15/2031  | 1400 | 1425 |
|  |  | 64903 |
| **Consumer discretionary 3.17%** |  |  |
| Amazon.com, Inc. 4.10% 11/20/2030  | 4000 | 4006 |
| Daimler Trucks Finance North America, LLC 5.00% 1/15/2027 <sup>(b)</sup>  | 350 | 354 |
| Daimler Trucks Finance North America, LLC 5.125% 9/25/2027 <sup>(b)</sup>  | 1325 | 1347 |
| Daimler Trucks Finance North America, LLC 4.95% 1/13/2028 <sup>(b)</sup>  | 1083 | 1100 |
| Daimler Trucks Finance North America, LLC 5.125% 9/25/2029 <sup>(b)</sup>  | 214 | 220 |
| Daimler Trucks Finance North America, LLC 5.25% 1/13/2030 <sup>(b)</sup>  | 700 | 721 |
| Ford Motor Credit Co., LLC 6.95% 3/6/2026  | 310 | 311 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026  | 6028 | 6082 |
| Ford Motor Credit Co., LLC 5.125% 11/5/2026  | 649 | 653 |
| Ford Motor Credit Co., LLC 5.85% 5/17/2027  | 12309 | 12503 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 2072 | 2121 |
| Ford Motor Credit Co., LLC 6.798% 11/7/2028  | 350 | 367 |
| Ford Motor Credit Co., LLC 5.80% 3/8/2029  | 350 | 358 |
| Ford Motor Credit Co., LLC 5.875% 11/7/2029  | 610 | 626 |
| Ford Motor Credit Co., LLC 5.73% 9/5/2030  | 977 | 992 |
| General Motors Financial Co., Inc. 5.40% 4/6/2026  | 6320 | 6343 |
| General Motors Financial Co., Inc. 4.20% 10/27/2028  | 4308 | 4315 |
| General Motors Financial Co., Inc. 4.90% 10/6/2029  | 1151 | 1170 |
| General Motors Financial Co., Inc. 5.35% 1/7/2030  | 900 | 930 |
| Home Depot, Inc. 5.15% 6/25/2026  | 1025 | 1032 |
| Home Depot, Inc. 4.875% 6/25/2027  | 750 | 763 |
| Home Depot, Inc. 4.75% 6/25/2029  | 911 | 934 |
| Hyatt Hotels Corp. 5.05% 3/30/2028  | 600 | 611 |
| Hyundai Capital America 5.45% 6/24/2026 <sup>(b)</sup>  | 1854 | 1866 |
| Hyundai Capital America 5.30% 3/19/2027 <sup>(b)</sup>  | 575 | 583 |
| Hyundai Capital America 4.875% 6/23/2027 <sup>(b)</sup>  | 1684 | 1703 |
| Hyundai Capital America 4.90% 6/23/2028 <sup>(b)</sup>  | 1279 | 1299 |
| Hyundai Capital America 6.10% 9/21/2028 <sup>(b)</sup>  | 475 | 497 |
| Hyundai Capital America 6.50% 1/16/2029 <sup>(b)</sup>  | 53 | 56 |
| Hyundai Capital America 4.55% 9/26/2029 <sup>(b)</sup>  | 413 | 416 |
| Hyundai Capital America 5.30% 1/8/2030 <sup>(b)</sup>  | 900 | 928 |
| Hyundai Capital America 5.15% 3/27/2030 <sup>(b)</sup>  | 1000 | 1025 |
| Marriott International, Inc. 5.55% 10/15/2028  | 250 | 260 |
| Marriott International, Inc. 4.875% 5/15/2029  | 350 | 358 |
| Toyota Motor Credit Corp. 4.55% 8/9/2029  | 900 | 915 |
| Toyota Motor Credit Corp. 4.95% 1/9/2030  | 1475 | 1519 |
|  |  | 59284 |

---

---

| | |
|:---|:---|
| **195** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Industrials 2.75%** |  |  |
| Air Lease Corp. 5.30% 6/25/2026  | USD<br> 1,055<br>| $1060 |
| BAE Systems PLC 5.125% 3/26/2029 <sup>(b)</sup>  | 648 | 667 |
| Boeing Co. (The) 2.75% 2/1/2026  | 149 | 149 |
| Boeing Co. (The) 2.196% 2/4/2026  | 10952 | 10931 |
| Boeing Co. (The) 6.259% 5/1/2027  | 12421 | 12750 |
| Boeing Co. (The) 6.298% 5/1/2029  | 378 | 401 |
| Canadian Pacific Railway Co. 4.80% 3/30/2030  | 1532 | 1568 |
| General Electric Co. 4.30% 7/29/2030  | 2121 | 2140 |
| Ingersoll-Rand, Inc. 5.197% 6/15/2027  | 650 | 661 |
| Ingersoll-Rand, Inc. 5.40% 8/14/2028  | 260 | 269 |
| Ingersoll-Rand, Inc. 5.176% 6/15/2029  | 312 | 323 |
| L3Harris Technologies, Inc. 5.40% 1/15/2027  | 6684 | 6783 |
| Northrop Grumman Corp. 4.65% 7/15/2030  | 1600 | 1629 |
| Paychex, Inc. 5.10% 4/15/2030  | 3435 | 3538 |
| RTX Corp. 5.75% 11/8/2026  | 6927 | 7023 |
| Waste Management, Inc. 4.65% 3/15/2030  | 1500 | 1530 |
|  |  | 51422 |
| **Consumer staples 2.70%** |  |  |
| Altria Group, Inc. 4.875% 2/4/2028  | 6098 | 6201 |
| BAT International Finance PLC 5.931% 2/2/2029  | 1456 | 1530 |
| Campbells Co. (The) 5.20% 3/19/2027  | 4079 | 4134 |
| Campbell's Co. (The) 5.20% 3/21/2029  | 255 | 261 |
| Constellation Brands, Inc. 4.35% 5/9/2027  | 390 | 392 |
| Constellation Brands, Inc. 4.80% 5/1/2030  | 248 | 252 |
| Coty, Inc. 5.60% 1/15/2031 <sup>(b)</sup>  | 1365 | 1379 |
| Diageo Investment Corp. 5.125% 8/15/2030  | 1443 | 1496 |
| Imperial Brands Finance PLC 4.50% 6/30/2028 <sup>(b)</sup>  | 10562 | 10649 |
| Mars, Inc. 4.45% 3/1/2027 <sup>(b)</sup>  | 2000 | 2015 |
| Mars, Inc. 4.60% 3/1/2028 <sup>(b)</sup>  | 3377 | 3424 |
| Mars, Inc. 4.80% 3/1/2030 <sup>(b)</sup>  | 2832 | 2895 |
| Mondelez International, Inc. 4.50% 5/6/2030  | 1750 | 1772 |
| Philip Morris International, Inc. 4.75% 2/12/2027  | 3000 | 3030 |
| Philip Morris International, Inc. 4.375% 11/1/2027  | 1975 | 1993 |
| Philip Morris International, Inc. 4.125% 4/28/2028  | 1400 | 1406 |
| Philip Morris International, Inc. 5.25% 9/7/2028  | 250 | 258 |
| Philip Morris International, Inc. 3.875% 10/27/2028  | 2250 | 2248 |
| Philip Morris International, Inc. 4.875% 2/13/2029  | 380 | 389 |
| Philip Morris International, Inc. 4.625% 11/1/2029  | 1129 | 1150 |
| Philip Morris International, Inc. 4.375% 4/30/2030  | 1743 | 1754 |
| Philip Morris International, Inc. 4.00% 10/29/2030  | 2010 | 1995 |
|  |  | 50623 |
| **Energy 1.81%** |  |  |
| Chevron USA, Inc. 4.687% 4/15/2030  | 1043 | 1067 |
| Columbia Pipelines Holding Co., LLC 6.042% 8/15/2028 <sup>(b)</sup>  | 450 | 468 |
| ConocoPhillips Co. 4.70% 1/15/2030  | 1800 | 1834 |
| Enbridge, Inc. 5.90% 11/15/2026  | 4782 | 4853 |
| Enbridge, Inc. 6.00% 11/15/2028  | 300 | 315 |
| Energy Transfer, LP 6.10% 12/1/2028  | 1238 | 1301 |
| Energy Transfer, LP 5.25% 7/1/2029  | 1073 | 1105 |
| Enterprise Products Operating, LLC 4.60% 1/15/2031  | 657 | 665 |
| EOG Resources, Inc. 4.40% 7/15/2028  | 706 | 714 |
| EOG Resources, Inc. 4.40% 1/15/2031  | 4183 | 4201 |
| Kinder Morgan, Inc. 5.00% 2/1/2029  | 319 | 327 |
| Occidental Petroleum Corp. 5.00% 8/1/2027  | 5742 | 5855 |
| Occidental Petroleum Corp. 5.20% 8/1/2029  | 625 | 641 |
| Petroleos Mexicanos 6.49% 1/23/2027  | 500 | 508 |
| Petroleos Mexicanos 8.75% 6/2/2029  | 4000 | 4291 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **196** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Energy (continued)** |  |  |
| Repsol E&P Capital Markets US, LLC 4.805% 9/16/2028 <sup>(b)</sup>  | USD<br> 630<br>| $636 |
| Repsol E&P Capital Markets US, LLC 5.204% 9/16/2030 <sup>(b)</sup>  | 2106 | 2137 |
| Shell Finance US, Inc. 4.125% 11/6/2030  | 3000 | 3001 |
|  |  | 33919 |
| **Information technology 1.64%** |  |  |
| Amphenol Corp. 3.90% 11/15/2028  | 2750 | 2748 |
| Amphenol Corp. 4.125% 11/15/2030  | 2450 | 2438 |
| Broadcom, Inc. 4.15% 2/15/2028  | 1800 | 1807 |
| Broadcom, Inc. 5.05% 7/12/2029  | 1000 | 1030 |
| Broadcom, Inc. 4.35% 2/15/2030  | 1200 | 1208 |
| Microchip Technology, Inc. 4.90% 3/15/2028  | 4831 | 4899 |
| Oracle Corp. 1.65% 3/25/2026  | 650 | 646 |
| Oracle Corp. 4.80% 8/3/2028  | 5425 | 5453 |
| Oracle Corp. 4.45% 9/26/2030  | 3800 | 3718 |
| Synopsys, Inc. 4.65% 4/1/2028  | 6600 | 6693 |
| Texas Instruments, Inc. 4.60% 2/8/2029  | 130 | 133 |
|  |  | 30773 |
| **Communication services 1.35%** |  |  |
| Alphabet, Inc. 4.10% 11/15/2030  | 4000 | 4013 |
| AT&T, Inc. 1.70% 3/25/2026  | 7570 | 7532 |
| CCO Holdings, LLC 5.50% 5/1/2026 <sup>(b)</sup>  | 750 | 752 |
| Charter Communications Operating, LLC 6.10% 6/1/2029  | 3191 | 3332 |
| Comcast Corp. 5.10% 6/1/2029  | 600 | 620 |
| Meta Platforms, Inc. 4.20% 11/15/2030  | 3235 | 3243 |
| T-Mobile USA, Inc. 2.25% 2/15/2026  | 5532 | 5519 |
| T-Mobile USA, Inc. 4.80% 7/15/2028  | 275 | 280 |
|  |  | 25291 |
| **Materials 0.68%** |  |  |
| BHP Billiton Finance (USA), Ltd. 4.875% 2/27/2026  | 875 | 876 |
| BHP Billiton Finance (USA), Ltd. 5.10% 9/8/2028  | 250 | 258 |
| Celanese US Holdings, LLC 6.665% 7/15/2027  | 428 | 442 |
| Celanese US Holdings, LLC 6.85% 11/15/2028  | 2016 | 2111 |
| Chevron Phillips Chemical Co., LLC 4.75% 5/15/2030 <sup>(b)</sup>  | 581 | 589 |
| Dow Chemical Co. (The) 4.80% 1/15/2031  | 2600 | 2586 |
| LYB International Finance III, LLC 5.125% 1/15/2031  | 305 | 306 |
| Rio Tinto Finance (USA) PLC 4.875% 3/14/2030  | 1800 | 1850 |
| Sherwin-Williams Co. 4.30% 8/15/2028  | 2250 | 2264 |
| Sherwin-Williams Co. 4.50% 8/15/2030  | 1400 | 1415 |
|  |  | 12697 |
| **Real estate 0.49%** |  |  |
| COPT Defense Properties, LP 2.25% 3/15/2026  | 2592 | 2581 |
| Equinix, Inc. 1.45% 5/15/2026  | 6075 | 6020 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 603 | 617 |
|  |  | 9218 |
| **Total corporate bonds and notes** |  | 731038 |
| **Mortgage-backed obligations 32.53%** | **Mortgage-backed obligations 32.53%** | **Mortgage-backed obligations 32.53%** |
| **Federal agency mortgage-backed obligations 15.87%** |  |  |
| Fannie Mae Pool #MA5477 6.00% 9/1/2039 <sup>(c)</sup>  | 166 | 173 |
| Fannie Mae Pool #CC0188 6.00% 3/1/2040 <sup>(c)</sup>  | 815 | 846 |
| Fannie Mae Pool #MA5773 6.00% 7/1/2040 <sup>(c)</sup>  | 196 | 204 |
| Fannie Mae Pool #DA1075 6.00% 11/1/2053 <sup>(c)</sup>  | 27 | 28 |

---

---

| | |
|:---|:---|
| **197** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fannie Mae Pool #CB7612 6.00% 12/1/2053 <sup>(c)</sup>  | USD<br> 61<br>| $63 |
| Fannie Mae Pool #DA7801 5.50% 1/1/2054 <sup>(c)</sup>  | 908 | 923 |
| Fannie Mae Pool #MA5246 5.50% 1/1/2054 <sup>(c)</sup>  | 33 | 33 |
| Fannie Mae Pool #DA5980 6.00% 1/1/2054 <sup>(c)</sup>  | 739 | 761 |
| Fannie Mae Pool #DA5779 6.00% 1/1/2054 <sup>(c)</sup>  | 79 | 82 |
| Fannie Mae Pool #DA9467 6.00% 2/1/2054 <sup>(c)</sup>  | 50 | 52 |
| Fannie Mae Pool #MA5296 5.50% 3/1/2054 <sup>(c)</sup>  | 3493 | 3546 |
| Fannie Mae Pool #DA9742 6.00% 3/1/2054 <sup>(c)</sup>  | 139 | 143 |
| Fannie Mae Pool #DA6019 5.50% 4/1/2054 <sup>(c)</sup>  | 821 | 833 |
| Fannie Mae Pool #DB2745 5.50% 4/1/2054 <sup>(c)</sup>  | 416 | 424 |
| Fannie Mae Pool #BY7524 5.50% 4/1/2054 <sup>(c)</sup>  | 29 | 29 |
| Fannie Mae Pool #DB2626 5.50% 4/1/2054 <sup>(c)</sup>  | 28 | 28 |
| Fannie Mae Pool #CB8275 6.00% 4/1/2054 <sup>(c)</sup>  | 2000 | 2055 |
| Fannie Mae Pool #DB2762 6.00% 4/1/2054 <sup>(c)</sup>  | 2000 | 2054 |
| Fannie Mae Pool #MA5328 6.00% 4/1/2054 <sup>(c)</sup>  | 667 | 686 |
| Fannie Mae Pool #DB1087 6.00% 5/1/2054 <sup>(c)</sup>  | 873 | 898 |
| Fannie Mae Pool #MA5445 6.00% 8/1/2054 <sup>(c)</sup>  | 3571 | 3669 |
| Fannie Mae Pool #DC2000 6.00% 9/1/2054 <sup>(c)</sup>  | 2000 | 2054 |
| Fannie Mae Pool #DC3262 6.00% 9/1/2054 <sup>(c)</sup>  | 117 | 120 |
| Fannie Mae Pool #DC3459 6.00% 9/1/2054 <sup>(c)</sup>  | 58 | 60 |
| Fannie Mae Pool #DC8833 6.00% 12/1/2054 <sup>(c)</sup>  | 3906 | 4014 |
| Fannie Mae Pool #DC8826 6.00% 12/1/2054 <sup>(c)</sup>  | 2212 | 2273 |
| Fannie Mae Pool #FA0287 6.00% 12/1/2054 <sup>(c)</sup>  | 2000 | 2056 |
| Fannie Mae Pool #FA0445 5.50% 1/1/2055 <sup>(c)</sup>  | 3229 | 3277 |
| Fannie Mae Pool #DD0827 6.00% 1/1/2055 <sup>(c)</sup>  | 2000 | 2056 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(c)</sup>  | 5380 | 5527 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(c)</sup>  | 3885 | 3992 |
| Fannie Mae Pool #MA5648 6.50% 3/1/2055 <sup>(c)</sup>  | 2000 | 2079 |
| Fannie Mae Pool #DD7343 6.00% 4/1/2055 <sup>(c)</sup>  | 3000 | 3085 |
| Fannie Mae Pool #MA5674 6.00% 4/1/2055 <sup>(c)</sup>  | 1000 | 1027 |
| Fannie Mae Pool #FA1162 6.00% 4/1/2055 <sup>(c)</sup>  | 89 | 92 |
| Fannie Mae Pool #DD4459 6.00% 4/1/2055 <sup>(c)</sup>  | 87 | 90 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(c)</sup>  | 16404 | 16855 |
| Fannie Mae Pool #MA5736 6.00% 6/1/2055 <sup>(c)</sup>  | 456 | 469 |
| Fannie Mae Pool #DE2212 5.50% 7/1/2055 <sup>(c)</sup>  | 834 | 846 |
| Fannie Mae Pool #MA5761 6.00% 7/1/2055 <sup>(c)</sup>  | 1844 | 1895 |
| Fannie Mae Pool #MA5762 6.50% 7/1/2055 <sup>(c)</sup>  | 874 | 908 |
| Fannie Mae Pool #MA5792 5.50% 8/1/2055 <sup>(c)</sup>  | 4212 | 4273 |
| Fannie Mae Pool #MA5822 5.50% 9/1/2055 <sup>(c)</sup>  | 10647 | 10802 |
| Fannie Mae Pool #DF3941 5.50% 11/1/2055 <sup>(c)</sup>  | 458 | 465 |
| Farmer Mac Agricultural Real Estate Trust, Series 2024-2, Class A1, 5.191% 8/1/2054 <sup>(b)(c)(d)</sup>  | 540 | 550 |
| Farmer Mac Agricultural Real Estate Trust, Series 2025-1, Class A1, 5.22% 8/1/2055 <sup>(b)(c)(d)</sup>  | 4764 | 4836 |
| Freddie Mac Pool #SB1452 6.00% 4/1/2040 <sup>(c)</sup>  | 790 | 821 |
| Freddie Mac Pool #QO3370 6.00% 4/1/2040 <sup>(c)</sup>  | 641 | 666 |
| Freddie Mac Pool #SD3513 6.00% 8/1/2053 <sup>(c)</sup>  | 26 | 27 |
| Freddie Mac Pool #QH6125 6.00% 12/1/2053 <sup>(c)</sup>  | 28 | 29 |
| Freddie Mac Pool #QH9078 5.50% 1/1/2054 <sup>(c)</sup>  | 481 | 490 |
| Freddie Mac Pool #RJ1372 6.00% 1/1/2054 <sup>(c)</sup>  | 1383 | 1423 |
| Freddie Mac Pool #RJ0854 6.50% 1/1/2054 <sup>(c)</sup>  | 104 | 109 |
| Freddie Mac Pool #QH9775 5.50% 2/1/2054 <sup>(c)</sup>  | 494 | 501 |
| Freddie Mac Pool #SD8431 5.50% 5/1/2054 <sup>(c)</sup>  | 439 | 446 |
| Freddie Mac Pool #SD8432 6.00% 5/1/2054 <sup>(c)</sup>  | 730 | 750 |
| Freddie Mac Pool #QI6042 6.00% 5/1/2054 <sup>(c)</sup>  | 676 | 696 |
| Freddie Mac Pool #QI8145 6.00% 6/1/2054 <sup>(c)</sup>  | 822 | 846 |
| Freddie Mac Pool #SD8439 6.00% 6/1/2054 <sup>(c)</sup>  | 10 | 10 |
| Freddie Mac Pool #RJ1725 6.50% 6/1/2054 <sup>(c)</sup>  | 178 | 187 |
| Freddie Mac Pool #SD6143 6.00% 7/1/2054 <sup>(c)</sup>  | 2638 | 2710 |
| Freddie Mac Pool #SD8447 6.00% 7/1/2054 <sup>(c)</sup>  | 2000 | 2055 |
| Freddie Mac Pool #RJ2526 6.00% 7/1/2054 <sup>(c)</sup>  | 419 | 431 |
| Freddie Mac Pool #RJ1986 6.50% 7/1/2054 <sup>(c)</sup>  | 1692 | 1761 |
| Freddie Mac Pool #SD5986 6.50% 7/1/2054 <sup>(c)</sup>  | 639 | 671 |
| Freddie Mac Pool #SD8448 6.50% 7/1/2054 <sup>(c)</sup>  | 154 | 160 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **198** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Freddie Mac Pool #SD8454 6.00% 8/1/2054 <sup>(c)</sup>  | USD<br> 5,633<br>| $5787 |
| Freddie Mac Pool #RJ2702 6.00% 8/1/2054 <sup>(c)</sup>  | 2000 | 2054 |
| Freddie Mac Pool #QJ3296 6.00% 8/1/2054 <sup>(c)</sup>  | 66 | 68 |
| Freddie Mac Pool #SD8462 5.50% 9/1/2054 <sup>(c)</sup>  | 11027 | 11190 |
| Freddie Mac Pool #QJ3945 6.00% 9/1/2054 <sup>(c)</sup>  | 25 | 26 |
| Freddie Mac Pool #QJ6718 6.00% 10/1/2054 <sup>(c)</sup>  | 2259 | 2322 |
| Freddie Mac Pool #RJ3187 6.00% 10/1/2054 <sup>(c)</sup>  | 445 | 457 |
| Freddie Mac Pool #QJ5733 6.00% 10/1/2054 <sup>(c)</sup>  | 156 | 161 |
| Freddie Mac Pool #SD8475 5.50% 11/1/2054 <sup>(c)</sup>  | 12537 | 12722 |
| Freddie Mac Pool #QJ9527 6.00% 11/1/2054 <sup>(c)</sup>  | 3922 | 4029 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(c)</sup>  | 2504 | 2573 |
| Freddie Mac Pool #SD8516 6.00% 3/1/2055 <sup>(c)</sup>  | 2582 | 2653 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(c)</sup>  | 40690 | 41809 |
| Freddie Mac Pool #SL1416 6.00% 4/1/2055 <sup>(c)</sup>  | 715 | 735 |
| Freddie Mac Pool #QY1235 6.00% 4/1/2055 <sup>(c)</sup>  | 78 | 80 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(c)</sup>  | 44750 | 45985 |
| Freddie Mac Pool #SL1137 6.00% 5/1/2055 <sup>(c)</sup>  | 3000 | 3082 |
| Freddie Mac Pool #RQ0027 5.50% 7/1/2055 <sup>(c)</sup>  | 9832 | 9975 |
| Freddie Mac Pool #RQ0028 6.00% 7/1/2055 <sup>(c)</sup>  | 457 | 470 |
| Freddie Mac Pool #RQ0041 6.00% 8/1/2055 <sup>(c)</sup>  | 82 | 84 |
| Uniform Mortgage-Backed Security 5.50% 1/1/2041 <sup>(c)(e)</sup>  | 492 | 504 |
| Uniform Mortgage-Backed Security 6.00% 1/1/2056 <sup>(c)(e)</sup>  | 43000 | 44156 |
|  |  | 296942 |
| **Collateralized mortgage-backed obligations (privately originated) 9.45%** |  |  |
| Angel Oak Mortgage Trust, Series 2024-8, Class A1, 5.338% 5/27/2069 (6.338% on 8/1/2028) <sup>(a)(b)(c)</sup>  | 1400 | 1407 |
| Arroyo Mortgage Trust, Series 2019-1, Class A1, 3.805% 1/25/2049 <sup>(b)(c)(d)</sup>  | 56 | 55 |
| Arroyo Mortgage Trust, Series 2019-2, Class A3, 3.80% 4/25/2049 <sup>(b)(c)(d)</sup>  | 243 | 239 |
| Arroyo Mortgage Trust, Series 2022-1, Class A1A, 2.495% 12/25/2056 (3.495% on 2/25/2026) <sup>(a)(b)(c)</sup>  | 239 | 233 |
| Atlas SP, Series 2024-RPL1, Class A1, 3.85% 4/25/2064 (4.85% on 8/1/2028) <sup>(a)(b)(c)</sup>  | 2746 | 2687 |
| BRAVO Residential Funding Trust, Series 2020-RPL1, Class A1, 2.50% 5/26/2059 <sup>(b)(c)(d)</sup>  | 33 | 33 |
| BRAVO Residential Funding Trust, Series 2023-NQM8, Class A1, 6.394% 10/25/2063 (7.394% on <br> 11/1/2027) <sup>(a)(b)(c)</sup>  | 1440 | 1452 |
| BRAVO Residential Funding Trust, Series 2025-NQM1, Class A1, 5.604% 12/25/2064 <sup>(a)(b)(c)</sup>  | 4842 | 4886 |
| BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on <br> 5/1/2027) <sup>(a)(b)(c)</sup>  | 3317 | 3346 |
| Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029 (9.405% on <br> 11/25/2027) <sup>(a)(b)(c)</sup>  | 3703 | 3708 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(b)(c)(d)</sup>  | 561 | 559 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(b)(c)(d)</sup>  | 485 | 477 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(b)(c)(d)</sup>  | 2835 | 2783 |
| Cascade Funding Mortgage Trust, Series 2024-R1, Class A1, 4.00% 10/25/2054 (5.00% on 10/25/2028) <sup>(a)(b)(c)</sup>  | 1780 | 1762 |
| CIM Trust, Series 2018-R3, Class A1, 5.00% 12/25/2057 <sup>(b)(c)(d)</sup>  | 1 | 1 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(a)(b)(c)</sup>  | 2379 | 2373 |
| COLT Funding, LLC, Series 2023-1, Class A1, 6.048% 4/25/2068 (7.048% on 4/1/2027) <sup>(a)(b)(c)</sup>  | 708 | 710 |
| COLT Funding, LLC, Series 2023-3, Class A1, 7.18% 9/25/2068 (8.18% on 9/1/2027) <sup>(a)(b)(c)</sup>  | 757 | 766 |
| Connecticut Avenue Securities Trust, Series 2016-C02, Class 1M2, (30-day Average USD-SOFR + 6.114%) <br> 9.989% 9/25/2028 <sup>(c)(d)</sup>  | 13 | 13 |
| Connecticut Avenue Securities Trust, Series 2023-R01, Class 1M1, (30-day Average USD-SOFR + 2.40%) <br> 6.274% 12/25/2042 <sup>(b)(c)(d)</sup>  | 926 | 945 |
| Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M1, (30-day Average USD-SOFR + 1.90%) <br> 5.774% 6/25/2043 <sup>(b)(c)(d)</sup>  | 232 | 234 |
| Connecticut Avenue Securities Trust, Series 2023-R06, Class 1M1, (30-day Average USD-SOFR + 1.70%) <br> 5.574% 7/25/2043 <sup>(b)(c)(d)</sup>  | 216 | 217 |
| Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M1, (30-day Average USD-SOFR + 1.05%) <br> 4.924% 1/25/2044 <sup>(b)(c)(d)</sup>  | 667 | 667 |
| Connecticut Avenue Securities Trust, Series 2024-R01, Class 1B1, (30-day Average USD-SOFR + 2.70%) <br> 6.574% 1/25/2044 <sup>(b)(c)(d)</sup>  | 995 | 1020 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 4.974% 2/25/2044 <sup>(b)(c)(d)</sup>  | 427 | 427 |

---

---

| | |
|:---|:---|
| **199** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1B1, (30-day Average USD-SOFR + 2.50%) <br> 6.374% 2/25/2044 <sup>(b)(c)(d)</sup>  | USD<br> 593<br>| $605 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 4.974% 5/25/2044 <sup>(b)(c)(d)</sup>  | 473 | 473 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1B1, (30-day Average USD-SOFR + 2.20%) <br> 6.074% 5/25/2044 <sup>(b)(c)(d)</sup>  | 333 | 337 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1A1, (30-day Average USD-SOFR + 1.15%) <br> 5.024% 9/25/2044 <sup>(b)(c)(d)</sup>  | 1680 | 1684 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M2, (30-day Average USD-SOFR + 1.60%) <br> 5.474% 9/25/2044 <sup>(b)(c)(d)</sup>  | 275 | 275 |
| Connecticut Avenue Securities Trust, Series 2025-R01, Class 1A1, (30-day Average USD-SOFR + 0.95%) <br> 4.824% 1/25/2045 <sup>(b)(c)(d)</sup>  | 1699 | 1700 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 4.874% 2/25/2045 <sup>(b)(c)(d)</sup>  | 570 | 571 |
| Finance of America HECM Buyout, Series 24-HB1, Class A1A, 4.00% 10/1/2034 <sup>(b)(c)(d)</sup>  | 126 | 126 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(a)(b)(c)</sup>  | 2132 | 2067 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2016-DNA1, Class M3, (30-day Average <br> USD-SOFR + 5.664%) 9.539% 7/25/2028 <sup>(c)(d)</sup>  | 119 | 119 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA5, Class M1A, (30-day Average <br> USD-SOFR + 2.95%) 6.824% 6/25/2042 <sup>(b)(c)(d)</sup>  | 636 | 648 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1A, (30-day Average <br> USD-SOFR + 2.15%) 6.024% 9/25/2042 <sup>(b)(c)(d)</sup>  | 632 | 636 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA1, Class A1, (30-day Average <br> USD-SOFR + 1.35%) 5.224% 2/25/2044 <sup>(b)(c)(d)</sup>  | 1329 | 1333 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.25%) 5.124% 5/25/2044 <sup>(b)(c)(d)</sup>  | 1832 | 1839 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA3, Class A1, (30-day Average <br> USD-SOFR + 1.05%) 4.924% 10/25/2044 <sup>(b)(c)(d)</sup>  | 1089 | 1091 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA1, Class A1, (30-day Average <br> USD-SOFR + 0.95%) 4.824% 1/25/2045 <sup>(b)(c)(d)</sup>  | 675 | 676 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.10%) 4.974% 5/25/2045 <sup>(b)(c)(d)</sup>  | 849 | 851 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA3, Class A1, (30-day Average <br> USD-SOFR + 0.95%) 4.824% 9/25/2045 <sup>(b)(c)(d)</sup>  | 1763 | 1764 |
| GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028) <sup>(a)(b)(c)</sup>  | 533 | 539 |
| GCAT Trust, Series 2025-NQM4, Class A1, 5.529% 6/25/2070 <sup>(a)(b)(c)</sup>  | 4584 | 4629 |
| GS Mortgage-Backed Securities Trust, Series 2024-RPL2, Class A1, 3.75% 7/25/2061 (4.75% on <br> 2/1/2028) <sup>(a)(b)(c)</sup>  | 580 | 570 |
| Imperial Fund Mortgage Trust, Series 2022-NQM7, Class A1, 7.369% 11/25/2067 (8.369% on <br> 11/1/2026) <sup>(a)(b)(c)</sup>  | 400 | 402 |
| Imperial Fund Mortgage Trust, Series 2023-NQM1, Class A1, 5.941% 2/25/2068 (6.941% on 1/1/2027) <sup>(a)(b)(c)</sup>  | 1222 | 1220 |
| MFRA Trust, Series 2024-NQM2, Class A1, 5.272% 8/1/2064 (6.272% on 8/1/2028) <sup>(a)(b)(c)</sup>  | 3190 | 3197 |
| MFRA Trust, Series 2024-NQM3, Class A1, 5.722% 12/25/2069 (6.722% on 12/1/2028) <sup>(a)(b)(c)</sup>  | 3897 | 3930 |
| MFRA Trust, Series 2025-NQM3, Class A1, 5.261% 8/25/2070 (6.261% on 7/1/2029) <sup>(a)(b)(c)</sup>  | 1943 | 1950 |
| Mill City Mortgage Trust, Series 2019-GS2, Class A1, 2.75% 8/25/2059 <sup>(b)(c)(d)</sup>  | 190 | 186 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM2, Class A1, 6.386% 5/25/2069 (7.386% <br> on 5/1/2028) <sup>(a)(b)(c)</sup>  | 1244 | 1261 |
| New Residential Mortgage Loan Trust, Series 2019-RPL3, Class A1, 2.75% 7/25/2059 <sup>(b)(c)(d)</sup>  | 472 | 458 |
| New Residential Mortgage Loan Trust, Series 2020-RPL1, Class A1, 2.75% 11/25/2059 <sup>(b)(c)(d)</sup>  | 176 | 170 |
| New Residential Mortgage Loan Trust, Series 2025-NQM2, Class A1, 5.566% 4/25/2065 <sup>(a)(b)(c)</sup>  | 2315 | 2342 |
| New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/2068 <sup>(b)(c)(d)</sup>  | 509 | 476 |
| NRZ Excess Spread Collateralized Notes, Series 2025-FHT1, Class A, 6.545% 3/25/2032 <sup>(a)(b)(c)</sup>  | 5035 | 5094 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2024-HYB1, Class A1, 3.637% 3/25/2053 <sup>(b)(c)(d)</sup>  | 895 | 893 |
| 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)(b)(c)</sup>  | 414 | 413 |
| 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)(b)(c)</sup>  | 379 | 380 |
| 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)(b)(c)</sup>  | 6367 | 6425 |
| Onslow Bay Financial, LLC, Series 2024-HYB2, Class A1, 3.695% 4/25/2053 <sup>(b)(c)(d)</sup>  | 1948 | 1934 |
| Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 1/25/2064 (6.988% on 3/1/2028) <sup>(a)(b)(c)</sup>  | 785 | 792 |
| Onslow Bay Financial, LLC, Series 2024-NQM4, Class A1, 6.067% 1/25/2064 (7.067% on 2/1/2028) <sup>(a)(b)(c)</sup>  | 1060 | 1070 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **200** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028) <sup>(a)(b)(c)</sup>  | USD<br> 945<br>| $957 |
| Onslow Bay Financial, LLC, Series 2024-NQM10, Class A1, 6.18% 5/25/2064 (7.18% on 6/1/2028) <sup>(a)(b)(c)</sup>  | 2018 | 2044 |
| Onslow Bay Financial, LLC, Series 2024-NQM8, Class A1, 6.233% 5/25/2064 (7.233% on 5/1/2028) <sup>(a)(b)(c)</sup>  | 2631 | 2664 |
| Onslow Bay Financial, LLC, Series 2024-NQM13, Class A1, 5.116% 6/25/2064 (6.116% on 8/1/2028) <sup>(a)(b)(c)</sup>  | 1650 | 1655 |
| Onslow Bay Financial, LLC, Series 2024-NQM11, Class A1, 5.875% 6/25/2064 (6.825% on 7/1/2028) <sup>(a)(b)(c)</sup>  | 4622 | 4670 |
| Onslow Bay Financial, LLC, Series 2024-NQM17, Class A1, 5.61% 11/25/2064 (6.61% on 11/1/2028) <sup>(a)(b)(c)</sup>  | 2050 | 2070 |
| Onslow Bay Financial, LLC, Series 2025-NQM3, Class A1, 5.648% 12/1/2064 (6.648% on 2/1/2029) <sup>(a)(b)(c)</sup>  | 3046 | 3078 |
| Onslow Bay Financial, LLC, Series 2025-NQM1, Class A1, 5.547% 12/25/2064 (6.547% on 12/1/2028) <sup>(a)(b)(c)</sup>  | 4554 | 4595 |
| Onslow Bay Financial, LLC, Series 2025-NQM14, Class A1A, 5.162% 7/25/2065 (6.162% on 7/1/2029) <sup>(a)(b)(c)</sup>  | 1833 | 1843 |
| Onslow Bay Financial, LLC, Series 2025-NQM18, Class A1A, 5.057% 9/25/2065 (6.057% on 9/1/2029) <sup>(a)(b)(c)</sup>  | 5510 | 5535 |
| Onslow Bay Financial, LLC, Series 2025-NQM19, Class A1, 4.869% 10/25/2065 <sup>(b)(c)(d)</sup>  | 3353 | 3362 |
| Progress Residential Trust, Series 2024-SFR5, Class B, 3.25% 8/9/2029 <sup>(b)(c)</sup>  | 1343 | 1277 |
| Progress Residential Trust, Series 2021-SFR6, Class A, 1.524% 7/17/2038 <sup>(b)(c)</sup>  | 1948 | 1924 |
| Progress Residential Trust, Series 2022-SFR3, Class A, 3.20% 4/17/2039 <sup>(b)(c)</sup>  | 476 | 469 |
| Progress Residential Trust, Series 2024-SFR1, Class A, 3.35% 2/17/2041 <sup>(b)(c)</sup>  | 1139 | 1105 |
| Progress Residential Trust, Series 2024-SFR3, Class A, 3.00% 6/17/2041 <sup>(b)(c)</sup>  | 2242 | 2141 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(b)(c)</sup>  | 997 | 951 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(a)(b)(c)</sup>  | 877 | 851 |
| Sequoia Mortgage Trust, Series 2025-HYB1, Class A1A, 5.061% 10/25/2055 <sup>(b)(c)(d)</sup>  | 4306 | 4324 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class A, (1-month USD CME Term SOFR + 1.75%) <br> 5.50% 10/17/2041 <sup>(b)(c)(d)</sup>  | 1647 | 1654 |
| Starwood Mortgage Residential Trust, Series 2025-SFR5, Class A, (1-month USD CME Term SOFR + 1.45%) <br> 5.201% 2/17/2042 <sup>(b)(c)(d)</sup>  | 599 | 600 |
| Towd Point Mortgage Trust, Series 2015-5, Class B1, 3.988% 5/25/2055 <sup>(b)(c)(d)</sup>  | 990 | 981 |
| Towd Point Mortgage Trust, Series 2016-2, Class M1, 3.00% 8/25/2055 <sup>(b)(c)(d)</sup>  | 189 | 187 |
| Towd Point Mortgage Trust, Series 2016-3, Class M2, 4.00% 4/25/2056 <sup>(b)(c)(d)</sup>  | 1366 | 1362 |
| Towd Point Mortgage Trust, Series 2017-1, Class A2, 3.50% 10/25/2056 <sup>(b)(c)(d)</sup>  | 32 | 32 |
| Towd Point Mortgage Trust, Series 2017-2, Class A4, 3.75% 4/25/2057 <sup>(b)(c)(d)</sup>  | 312 | 309 |
| Towd Point Mortgage Trust, Series 2017-6, Class A1, 2.75% 10/25/2057 <sup>(b)(c)(d)</sup>  | 222 | 219 |
| Towd Point Mortgage Trust, Series 2018-1, Class A1, 3.00% 1/25/2058 <sup>(b)(c)(d)</sup>  | 95 | 95 |
| Towd Point Mortgage Trust, Series 2019-1, Class A1, 3.75% 3/25/2058 <sup>(b)(c)(d)</sup>  | 370 | 362 |
| Towd Point Mortgage Trust, Series 2019-2, Class A1, 3.75% 12/25/2058 <sup>(b)(c)(d)</sup>  | 393 | 384 |
| Towd Point Mortgage Trust, Series 15-2, Class 1B2, 3.698% 11/25/2060 <sup>(b)(c)(d)</sup>  | 1225 | 1200 |
| Towd Point Mortgage Trust, Series 2023-1, Class A1, 3.75% 1/25/2063 <sup>(b)(c)</sup>  | 866 | 843 |
| Towd Point Mortgage Trust, Series 2024-3, Class A1A, 5.03% 7/25/2065 <sup>(b)(c)(d)</sup>  | 1520 | 1536 |
| Tricon Residential Trust, Series 2024-SFR2, Class A, 4.75% 6/17/2040 <sup>(b)(c)</sup>  | 1370 | 1375 |
| Tricon Residential Trust, Series 2023-SFR2, Class A, 5.00% 12/17/2040 <sup>(b)(c)</sup>  | 346 | 348 |
| Tricon Residential Trust, Series 2024-SFR3, Class A, 4.50% 8/17/2041 <sup>(b)(c)</sup>  | 2236 | 2237 |
| Verus Securitization Trust, Series 2025-R1, Class A1, 5.402% 5/25/2065 (6.402% on 7/1/2029) <sup>(a)(b)(c)</sup>  | 5510 | 5553 |
| Verus Securitization Trust, Series 2023-1, Class A1, 5.85% 12/25/2067 (6.85% on 1/1/2027) <sup>(a)(b)(c)</sup>  | 452 | 451 |
| Verus Securitization Trust, Series 2023-3, Class A1, 5.93% 3/25/2068 (6.93% on 4/1/2027) <sup>(a)(b)(c)</sup>  | 165 | 165 |
| Verus Securitization Trust, Series 2023-4, Class A1, 5.811% 5/25/2068 (6.811% on 5/1/2027) <sup>(a)(b)(c)</sup>  | 627 | 627 |
| Verus Securitization Trust, Series 2023-5, Class A5, 6.476% 6/25/2068 (7.476% on 6/1/2027) <sup>(a)(b)(c)</sup>  | 431 | 433 |
| Verus Securitization Trust, Series 2024-2, Class A1, 6.095% 2/25/2069 (7.095% on 2/1/2028) <sup>(a)(b)(c)</sup>  | 914 | 922 |
| Verus Securitization Trust, Series 2024-3, Class A1, 6.338% 4/25/2069 (7.338% on 4/1/2028) <sup>(a)(b)(c)</sup>  | 2694 | 2726 |
| Verus Securitization Trust, Series 2024-5, Class A1, 6.192% 6/25/2069 (7.192% on 6/1/2028) <sup>(a)(b)(c)</sup>  | 1432 | 1450 |
| Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028) <sup>(a)(b)(c)</sup>  | 875 | 887 |
| Verus Securitization Trust, Series 2024-R1, Class A1, 5.218% 9/25/2069 <sup>(b)(c)(d)</sup>  | 923 | 925 |
| Verus Securitization Trust, Series 2024-8, Class A1, 5.364% 10/25/2069 <sup>(b)(c)(d)</sup>  | 2040 | 2052 |
| Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 <sup>(b)(c)(d)</sup>  | 1810 | 1824 |
| Verus Securitization Trust, Series 2025-3, Class A1, 5.623% 5/25/2070 (6.623% on 4/1/2029) <sup>(a)(b)(c)</sup>  | 4721 | 4773 |
| Verus Securitization Trust, Series 2025-5, Class A1, 5.427% 6/25/2070 (6.427% on 6/1/2029) <sup>(a)(b)(c)</sup>  | 3852 | 3886 |
| Verus Securitization Trust, Series 2025-7, Class A1, 5.129% 8/25/2070 (6.129% on 8/1/2029) <sup>(a)(b)(c)</sup>  | 2752 | 2765 |
| Verus Securitization Trust, Series 2025-8, Class A1A, 4.869% 9/25/2070 (5.869% on 9/1/2029) <sup>(a)(b)(c)</sup>  | 2146 | 2148 |
|  |  | 176952 |
| **Commercial mortgage-backed securities 7.21%** |  |  |
| ALA Trust, Series 2025-OANA, Class A, (1-month USD CME Term SOFR + 1.743%) 5.494% 6/15/2030 <sup>(b)(c)(d)</sup>  | 3550 | 3569 |
| AMSR Trust, Series 2021-SFR3, Class A, 1.476% 10/17/2038 <sup>(b)(c)</sup>  | 2477 | 2423 |

---

---

| | |
|:---|:---|
| **201** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| ARES Commercial Mortgage Trust, Series 24-IND, Class A, (1-month USD CME Term SOFR + 1.69%) 5.442% <br> 7/15/2041 <sup>(b)(c)(d)</sup>  | USD<br> 447<br>| $448 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class A, 5.589% 11/10/2029 <sup>(b)(c)(d)</sup>  | 2337 | 2386 |
| Bank5, Series 2025-5YR18, Class AS, 5.466% 12/15/2058 <sup>(c)(d)</sup>  | 843 | 867 |
| Bank Commercial Mortgage Trust, Series 2017-BNK4, Class A3, 3.362% 5/15/2050 <sup>(c)</sup>  | 819 | 813 |
| Bank Commercial Mortgage Trust, Series 2017-BNK4, Class A4, 3.625% 5/15/2050 <sup>(c)</sup>  | 1127 | 1116 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class A3, 6.26% 4/15/2056 <sup>(c)(d)</sup>  | 133 | 138 |
| Bank Commercial Mortgage Trust, Series 2024-5YR8, Class A3, 5.884% 8/15/2057 <sup>(c)</sup>  | 430 | 451 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class A3, 5.893% 11/15/2057 <sup>(c)</sup>  | 2142 | 2253 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class A3, 5.902% 12/15/2057 <sup>(c)(d)</sup>  | 350 | 368 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class AS, 6.122% 12/15/2057 <sup>(c)(d)</sup>  | 166 | 174 |
| Bank Commercial Mortgage Trust, Series 2025-5YR14, Class AS, 6.072% 4/15/2058 <sup>(c)(d)</sup>  | 1227 | 1285 |
| Bank Commercial Mortgage Trust, Series 2025-5YR14, Class C, 6.463% 4/15/2058 <sup>(c)(d)</sup>  | 1403 | 1442 |
| Bank Commercial Mortgage Trust, Series 2019-BN18, Class A4, 3.584% 5/15/2062 <sup>(c)</sup>  | 414 | 399 |
| Barclays Commercial Mortgage Securities, LLC, Series 2018-TALL, Class A, ((1-month USD CME Term SOFR + <br> 0.047%) + 0.872%) 4.669% 3/15/2037 <sup>(b)(c)(d)</sup>  | 241 | 229 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C31, Class AS, 5.852% 12/15/2057 <sup>(c)(d)</sup>  | 574 | 595 |
| Benchmark Mortgage Trust, Series 2018-B2, Class A5, 3.882% 2/15/2051 <sup>(c)(d)</sup>  | 305 | 303 |
| Benchmark Mortgage Trust, Series 2018-B3, Class AS, 4.195% 4/10/2051 <sup>(c)(d)</sup>  | 800 | 774 |
| Benchmark Mortgage Trust, Series 2018-B7, Class A4, 4.51% 5/15/2053 <sup>(c)(d)</sup>  | 145 | 146 |
| Benchmark Mortgage Trust, Series 2020-B19, Class A5, 1.85% 9/15/2053 <sup>(c)</sup>  | 351 | 312 |
| Benchmark Mortgage Trust, Series 2025-V14, Class AM, 6.09% 4/15/2057 <sup>(c)(d)</sup>  | 1105 | 1155 |
| Benchmark Mortgage Trust, Series 2024-V9, Class A3, 5.602% 8/15/2057 <sup>(c)</sup>  | 845 | 878 |
| Benchmark Mortgage Trust, Series 2024-V9, Class AS, 6.064% 8/15/2057 <sup>(c)(d)</sup>  | 50 | 52 |
| Benchmark Mortgage Trust, Series 2024-V10, Class A3, 5.277% 9/15/2057 <sup>(c)</sup>  | 53 | 55 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, (1-month USD CME Term SOFR + 1.342%) <br> 5.092% 3/15/2041 <sup>(b)(c)(d)</sup>  | 896 | 898 |
| BMO Mortgage Trust, Series 2023-5C1, Class A3, 6.534% 8/15/2056 <sup>(c)(d)</sup>  | 89 | 93 |
| BMO Mortgage Trust, Series 2023-C6, Class A5, 5.956% 9/15/2056 <sup>(c)(d)</sup>  | 60 | 64 |
| BMO Mortgage Trust, Series 2024-5C3, Class AS, 6.256% 2/15/2057 <sup>(c)(d)</sup>  | 561 | 585 |
| BMO Mortgage Trust, Series 2024-5C5, Class AS, 6.364% 2/15/2057 <sup>(c)(d)</sup>  | 985 | 1033 |
| BMO Mortgage Trust, Series 2024-5C6, Class A3, 5.316% 9/15/2057 <sup>(c)</sup>  | 1784 | 1836 |
| BMO Mortgage Trust, Series 2024-5C8, Class AS, 5.94% 12/15/2057 <sup>(c)(d)</sup>  | 450 | 468 |
| BMO Mortgage Trust, Series 2025-5C9, Class A3, 5.779% 4/15/2058 <sup>(c)(d)</sup>  | 1380 | 1446 |
| Boca Commercial Mortgage Trust, Series 2025-BOCA, Class A, (1-month USD CME Term SOFR + 1.60%) <br> 5.45% 12/15/2042 <sup>(b)(c)(d)</sup>  | 4111 | 4123 |
| BX Commercial Mortgage Trust, Series 2024-GPA3, Class A, (1-month USD CME Term SOFR + 1.293%) <br> 5.044% 12/15/2039 <sup>(b)(c)(d)</sup>  | 1853 | 1856 |
| BX Trust, Series 2024-KING, Class A, (1-month USD CME Term SOFR + 1.541%) 5.291% 5/15/2034 <sup>(b)(c)(d)</sup>  | 655 | 656 |
| BX Trust, Series 2021-ACNT, Class A, (1-month USD CME Term SOFR + 0.964%) 4.715% 11/15/2038 <sup>(b)(c)(d)</sup>  | 390 | 390 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 4.74% 1/17/2039 <sup>(b)(c)(d)</sup>  | 483 | 483 |
| BX Trust, Series 2024-CNYN, Class A, (1-month USD CME Term SOFR + 1.442%) 5.192% 4/15/2041 <sup>(b)(c)(d)</sup>  | 1579 | 1583 |
| BX Trust, Series 2024-BIO2, Class A, 5.413% 8/13/2041 <sup>(b)(c)(d)</sup>  | 3803 | 3859 |
| BX Trust, Series 2024-AIRC, Class A, (1-month USD CME Term SOFR + 1.691%) 5.442% 8/15/2039 <sup>(b)(c)(d)</sup>  | 2063 | 2070 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(b)(c)</sup>  | 3361 | 3454 |
| BX Trust, Series 2025-GW, Class A, (1-month USD CME Term SOFR + 1.60%) 5.35% 7/15/2042 <sup>(b)(c)(d)</sup>  | 4000 | 4014 |
| BX Trust, Series 2025-ARIA, Class A, 5.031% 12/13/2042 <sup>(b)(c)(d)</sup>  | 6000 | 6062 |
| BX Trust, Series 2025-VOLT, Class A, (1-month USD CME Term SOFR + 1.70%) 5.70% 12/15/2044 <sup>(b)(c)(d)</sup>  | 4521 | 4532 |
| BX Trust, Series 2025-VOLT, Class C, (1-month USD CME Term SOFR + 2.10%) 6.10% 12/15/2044 <sup>(b)(c)(d)</sup>  | 3997 | 4018 |
| BXP Trust, Series 2017-GM, Class A, 3.379% 6/13/2039 <sup>(b)(c)</sup>  | 887 | 871 |
| CALI Mortgage Trust, Series 24-SUN, Class A, (1-month USD CME Term SOFR + 1.89%) 5.641% <br> 7/15/2041 <sup>(b)(c)(d)</sup>  | 454 | 455 |
| CART, Series 2024-DFW1, Class A, (1-month USD CME Term SOFR + 1.642%) 5.392% 8/15/2041 <sup>(b)(c)(d)</sup>  | 983 | 983 |
| CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(c)</sup>  | 375 | 370 |
| Citigroup Commercial Mortgage Trust, Series 2023-PRM3, Class A, 6.36% 7/10/2028 <sup>(b)(c)(d)</sup>  | 750 | 782 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class A, 6.015% 10/12/2040 <sup>(b)(c)(d)</sup>  | 361 | 372 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 2/10/2049 <sup>(c)</sup>  | 401 | 399 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC37, Class A4, 3.314% 4/10/2049 <sup>(c)</sup>  | 63 | 63 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.191% 11/15/2050 <sup>(c)</sup>  | 68 | 67 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A5, 3.458% 11/15/2050 <sup>(c)(d)</sup>  | 1800 | 1756 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class A, 6.314% 9/12/2040 <sup>(b)(c)</sup>  | 2490 | 2566 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% 8/10/2042 <sup>(b)(c)(d)</sup>  | 3062 | 3127 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **202** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Ellington Financial Mortgage Trust, Series 2025-NQM4, Class A1A, 4.972% 9/25/2070 (5.972% on <br> 8/1/2029) <sup>(a)(b)(c)</sup>  | USD<br> 5,501<br>| $5506 |
| ELM Trust 2024, Series 2024-ELM, Class A15, 5.994% 6/10/2039 <sup>(b)(c)(d)</sup>  | 1928 | 1939 |
| ELM Trust 2024, Series 2024-ELM, Class A10, 5.994% 6/10/2039 <sup>(b)(c)(d)</sup>  | 1752 | 1762 |
| Extended Stay America Trust, Series 2025-ESH, Class A, (1-month USD CME Term SOFR + 1.30%) 5.05% <br> 10/15/2042 <sup>(b)(c)(d)</sup>  | 2322 | 2329 |
| FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.145% 5/19/2039 <sup>(b)(c)</sup>  | 480 | 480 |
| FIVE Mortgage Trust, Series 2023-V1, Class A3, 5.668% 2/10/2056 <sup>(c)(d)</sup>  | 1216 | 1247 |
| FS Commercial Trust, Series 2023-4SZN, Class A, 7.066% 11/10/2039 <sup>(b)(c)</sup>  | 808 | 823 |
| FS Trust, Series 2024-HULA, Class A, (1-month USD CME Term SOFR + 1.811%) 5.561% 8/15/2039 <sup>(b)(c)(d)</sup>  | 4000 | 4016 |
| Great Wolf Trust, Series 2024-WLF2, Class A, (1-month USD CME Term SOFR + 1.691%) 5.441% <br> 5/15/2041 <sup>(b)(c)(d)</sup>  | 1356 | 1361 |
| GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(c)</sup>  | 454 | 449 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class A, (1-month USD CME Term SOFR + 1.393%) 5.143% <br> 3/15/2042 <sup>(b)(c)(d)</sup>  | 2419 | 2424 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.341% <br> 3/15/2042 <sup>(b)(c)(d)</sup>  | 1358 | 1366 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 5.876% 5/10/2039 <sup>(b)(c)(d)</sup>  | 591 | 599 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.467% 1/13/2040 <sup>(b)(c)(d)</sup>  | 3625 | 3761 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class A, (1-month USD CME Term SOFR + 1.35%) 5.10% <br> 3/15/2042 <sup>(b)(c)(d)</sup>  | 2995 | 3002 |
| LV Trust, Series 2024-SHOW, Class A, 5.104% 10/10/2041 <sup>(b)(c)(d)</sup>  | 2549 | 2590 |
| Manhattan West Mortgage Trust, Series 2020-1MW, Class A, 2.13% 9/10/2039 <sup>(b)(c)</sup>  | 857 | 825 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS, 3.561% 4/15/2048 <sup>(c)</sup>  | 500 | 485 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C1, Class AS, 6.011% 3/15/2058 <sup>(c)</sup>  | 1807 | 1879 |
| Multifamily Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 7.874% 11/25/2053 <sup>(b)(c)(d)</sup>  | 202 | 208 |
| Multifamily Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%) <br> 6.624% 7/25/2054 <sup>(b)(c)(d)</sup>  | 524 | 532 |
| Multifamily Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.274% 5/25/2055 <sup>(b)(c)(d)</sup>  | 1081 | 1087 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class A, 4.669% 11/5/2038 <sup>(b)(c)(d)</sup>  | 1913 | 1918 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class B, 5.007% 11/5/2038 <sup>(b)(c)(d)</sup>  | 1555 | 1560 |
| SCG Hotel Issuer, Inc., Series 2025-SNIP, Class A, 5.75% 9/15/2042 <sup>(b)(c)(d)</sup>  | 3428 | 3439 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class A, (1-month USD CME Term SOFR + 1.392%) <br> 5.142% 5/15/2039 <sup>(b)(c)(d)</sup>  | 708 | 708 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class B, (1-month USD CME Term SOFR + 1.741%) <br> 5.491% 5/15/2039 <sup>(b)(c)(d)</sup>  | 486 | 485 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.015% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(a)(b)(c)</sup>  | 1000 | 999 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class B, (1-month USD CME Term SOFR + 1.614%) <br> 5.365% 5/15/2038 <sup>(b)(c)(d)</sup>  | 362 | 361 |
| SG Commercial Mortgage Securities Trust, Series 2016-C5, Class A3, 2.779% 10/10/2048 <sup>(c)</sup>  | 668 | 666 |
| StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class A, (1-month USD CME Term SOFR + <br> 1.00%) 4.75% 1/15/2039 <sup>(b)(c)(d)</sup>  | 500 | 500 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, (1-month USD CME Term SOFR + 1.443%) <br> 5.193% 2/15/2042 <sup>(b)(c)(d)</sup>  | 4783 | 4746 |
| UBS Commercial Mortgage Trust, Series 2017-C2, Class A4, 3.487% 8/15/2050 <sup>(c)</sup>  | 300 | 297 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-1918, Class A, 5.761% 9/15/2040 <sup>(b)(c)(d)</sup>  | 691 | 698 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5, 3.418% 9/15/2050 <sup>(c)</sup>  | 505 | 496 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C1, Class AS, 6.52% 7/15/2057 <sup>(c)</sup>  | 40 | 42 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class A3, 5.92% 11/15/2057 <sup>(c)(d)</sup>  | 225 | 237 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class AS, 6.145% 11/15/2057 <sup>(c)(d)</sup>  | 358 | 376 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C33, Class A4, 3.426% 3/15/2059 <sup>(c)</sup>  | 291 | 290 |
| WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%) <br> 6.539% 11/15/2027 <sup>(b)(c)(d)</sup>  | 180 | 182 |
| WSTN Trust, Series 2023-MAUI, Class B, 7.018% 7/5/2037 <sup>(b)(c)(d)</sup>  | 173 | 176 |
| WSTN Trust, Series 2023-MAUI, Class C, 7.69% 7/5/2037 <sup>(b)(c)(d)</sup>  | 100 | 102 |
|  |  | 134913 |
| **Total mortgage-backed obligations** |  | 608807 |

---

---

| | |
|:---|:---|
| **203** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Asset-backed obligations 24.09%** | **Asset-backed obligations 24.09%** | **Asset-backed obligations 24.09%** |
| **Auto loan 10.42%** |  |  |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class B, 6.10% 12/13/2027 <sup>(b)(c)</sup>  | USD<br> 135<br>| $135 |
| American Credit Acceptance Receivables Trust, Series 2024-3, Class B, 5.66% 8/14/2028 <sup>(b)(c)</sup>  | 1781 | 1785 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class B, 4.80% 11/13/2028 <sup>(b)(c)</sup>  | 250 | 250 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class B, 4.85% 5/14/2029 <sup>(b)(c)</sup>  | 1042 | 1049 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class C, 5.63% 1/14/2030 <sup>(b)(c)</sup>  | 623 | 626 |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class D, 6.53% 4/12/2030 <sup>(b)(c)</sup>  | 1820 | 1859 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class C, 5.11% 3/12/2031 <sup>(b)(c)</sup>  | 1759 | 1777 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class C, 4.91% 8/12/2031 <sup>(b)(c)</sup>  | 187 | 188 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class D, 5.34% 8/12/2031 <sup>(b)(c)</sup>  | 1431 | 1447 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class A2, 4.92% 5/15/2029 <sup>(b)(c)</sup>  | 347 | 347 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class B, 5.11% 11/17/2031 <sup>(b)(c)</sup>  | 311 | 311 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class C, 5.42% 12/15/2031 <sup>(b)(c)</sup>  | 384 | 385 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2, Class A, 2.02% 2/20/2027 <sup>(b)(c)</sup>  | 117 | 116 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class A, 6.12% 4/20/2027 <sup>(b)(c)</sup>  | 79 | 79 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class C, 6.24% 4/20/2027 <sup>(b)(c)</sup>  | 333 | 334 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class B, 6.03% 10/20/2027 <sup>(b)(c)</sup>  | 290 | 293 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class C, 6.18% 10/20/2027 <sup>(b)(c)</sup>  | 1000 | 1008 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-5, Class A, 5.78% 4/20/2028 <sup>(b)(c)</sup>  | 259 | 264 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class D, 7.31% 6/20/2029 <sup>(b)(c)</sup>  | 289 | 297 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-1A, Class A, 4.80% 8/20/2029 <sup>(b)(c)</sup>  | 627 | 638 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8A, Class D, 7.52% 2/20/2030 <sup>(b)(c)</sup>  | 770 | 792 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2024-1, Class A, 5.36% 6/20/2030 <sup>(b)(c)</sup>  | 700 | 723 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-2A, Class A, 5.12% 8/20/2031 <sup>(b)(c)</sup>  | 2919 | 2997 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-2, Class A3, 5.84% 6/15/2028 <sup>(c)</sup>  | 691 | 693 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class B, 5.43% 8/15/2028 <sup>(c)</sup>  | 197 | 198 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class C, 5.65% 4/16/2029 <sup>(c)</sup>  | 370 | 374 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-2, Class B, 5.94% 2/15/2030 <sup>(c)</sup>  | 2000 | 2017 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-3, Class D, 5.83% 5/15/2030 <sup>(c)</sup>  | 1441 | 1473 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-4, Class B, 4.77% 8/15/2030 <sup>(c)</sup>  | 787 | 791 |
| Bridgecrest Lending Auto Securitization Trust, Series 2025-3, Class C, 5.11% 5/15/2031 <sup>(c)</sup>  | 3000 | 3022 |
| Bridgecrest Lending Auto Securitization Trust, Series 2025-3, Class D, 5.49% 5/15/2031 <sup>(c)</sup>  | 3000 | 3025 |
| Carvana Auto Receivables Trust, Series 2023-P3, Class A3, 5.82% 8/10/2028 <sup>(b)(c)</sup>  | 102 | 102 |
| Chesapeake Funding II, LLC, Series 2023-2, Class A1, 6.16% 10/15/2035 <sup>(b)(c)</sup>  | 185 | 187 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A3, 5.83% 2/15/2028 <sup>(b)(c)</sup>  | 306 | 308 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A4, 5.74% 10/15/2030 <sup>(b)(c)</sup>  | 680 | 693 |
| Consumer Portfolio Services Auto Trust, Series 2025-B, Class B, 4.79% 11/15/2029 <sup>(b)(c)</sup>  | 1929 | 1939 |
| Consumer Portfolio Services Auto Trust, Series 2025-B, Class C, 5.12% 7/15/2031 <sup>(b)(c)</sup>  | 2629 | 2654 |
| CPS Auto Receivables Trust, Series 2024-A, Class B, 5.65% 5/15/2028 <sup>(b)(c)</sup>  | 51 | 51 |
| CPS Auto Receivables Trust, Series 2024-B, Class B, 6.04% 10/16/2028 <sup>(b)(c)</sup>  | 1932 | 1940 |
| CPS Auto Receivables Trust, Series 2023-A, Class C, 5.54% 4/16/2029 <sup>(b)(c)</sup>  | 244 | 244 |
| CPS Auto Receivables Trust, Series 2023-C, Class C, 6.27% 10/15/2029 <sup>(b)(c)</sup>  | 399 | 401 |
| CPS Auto Receivables Trust, Series 2024-A, Class C, 5.74% 4/15/2030 <sup>(b)(c)</sup>  | 118 | 119 |
| CPS Auto Receivables Trust, Series 2024-A, Class D, 6.13% 4/15/2030 <sup>(b)(c)</sup>  | 100 | 102 |
| CPS Auto Receivables Trust, Series 2024-B, Class C, 6.28% 7/15/2030 <sup>(b)(c)</sup>  | 2000 | 2034 |
| CPS Auto Trust, Series 2025-D, Class B, 4.48% 4/15/2030 <sup>(b)(c)</sup>  | 823 | 824 |
| CPS Auto Trust, Series 2025-D, Class C, 4.85% 2/17/2032 <sup>(b)(c)</sup>  | 1423 | 1431 |
| Credit Acceptance Auto Loan Trust, Series 2025-2A, Class A, 4.50% 11/15/2035 <sup>(b)(c)</sup>  | 2744 | 2756 |
| Credit Acceptance Auto Loan Trust, Series 2025-2A, Class B, 4.87% 1/15/2036 <sup>(b)(c)</sup>  | 1513 | 1530 |
| Credit Acceptance Auto Loan Trust, Series 2025-2A, Class C, 5.38% 3/17/2036 <sup>(b)(c)</sup>  | 292 | 297 |
| Drive Auto Receivables Trust, Series 2024-1, Class B, 5.31% 1/16/2029 <sup>(c)</sup>  | 390 | 392 |
| Drive Auto Receivables Trust, Series 2024-2, Class B, 4.52% 7/16/2029 <sup>(c)</sup>  | 1114 | 1119 |
| Drive Auto Receivables Trust, Series 2024-1, Class C, 5.43% 11/17/2031 <sup>(c)</sup>  | 723 | 733 |
| Drive Auto Receivables Trust, Series 2024-2, Class C, 4.67% 5/17/2032 <sup>(c)</sup>  | 1090 | 1097 |
| Drive Auto Receivables Trust, Series 2025-1, Class B, 4.79% 9/15/2032 <sup>(c)</sup>  | 1849 | 1865 |
| Drive Auto Receivables Trust, Series 2025-1, Class C, 4.99% 9/15/2032 <sup>(c)</sup>  | 497 | 504 |
| DriveTime Auto Owner Trust, Series 2023-1, Class C, 5.55% 10/16/2028 <sup>(b)(c)</sup>  | 414 | 415 |
| Enterprise Fleet Financing, LLC, Series 2024-1, Class A3, 5.16% 9/20/2030 <sup>(b)(c)</sup>  | 380 | 387 |
| Exeter Automobile Receivables Trust, Series 2023-1A, Class C, 5.82% 2/15/2028 <sup>(c)</sup>  | 28 | 28 |
| Exeter Automobile Receivables Trust, Series 2022-6, Class C, 6.32% 5/15/2028 <sup>(c)</sup>  | 63 | 63 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class B, 5.29% 8/15/2028 <sup>(c)</sup>  | 284 | 284 |
| Exeter Automobile Receivables Trust, Series 2023-4A, Class C, 6.51% 8/15/2028 <sup>(c)</sup>  | 513 | 516 |
| Exeter Automobile Receivables Trust, Series 2023-1A, Class D, 6.69% 6/15/2029 <sup>(c)</sup>  | 240 | 244 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **204** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Exeter Automobile Receivables Trust, Series 2024-1, Class C, 5.41% 5/15/2030 <sup>(c)</sup>  | USD<br> 355<br>| $359 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class D, 5.84% 6/17/2030 <sup>(c)</sup>  | 574 | 584 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class B, 4.28% 7/15/2030 <sup>(c)</sup>  | 420 | 421 |
| Exeter Automobile Receivables Trust, Series 2024-4A, Class B, 5.29% 8/15/2030 <sup>(c)</sup>  | 1210 | 1215 |
| Exeter Automobile Receivables Trust, Series 2024-4A, Class C, 5.48% 8/15/2030 <sup>(c)</sup>  | 423 | 428 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class C, 4.68% 3/15/2032 <sup>(c)</sup>  | 615 | 617 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class D, 5.16% 3/15/2032 <sup>(c)</sup>  | 665 | 670 |
| Exeter Select Automobile Receivables Trust, Series 2025-1, Class A2, 4.83% 10/16/2028 <sup>(c)</sup>  | 740 | 742 |
| Exeter Select Automobile Receivables Trust, Series 2025-3, Class B, 4.42% 3/15/2032 <sup>(c)</sup>  | 1682 | 1683 |
| Exeter Select Automobile Receivables Trust, Series 2025-3, Class C, 5.00% 3/15/2032 <sup>(c)</sup>  | 3000 | 3033 |
| First Investors Auto Owner Trust, Series 2025-1A, Class A3, 4.25% 7/15/2030 <sup>(b)(c)</sup>  | 716 | 720 |
| First Investors Auto Owner Trust, Series 2025-1A, Class B, 4.39% 1/15/2031 <sup>(b)(c)</sup>  | 1013 | 1016 |
| Ford Credit Auto Lease Trust, Series 2024-A, Class A3, 5.06% 5/15/2027 <sup>(c)</sup>  | 282 | 282 |
| Ford Credit Auto Lease Trust, Series 2024-A, Class A4, 5.05% 6/15/2027 <sup>(c)</sup>  | 175 | 176 |
| Ford Credit Floorplan Master Owner Trust, Series 2025-1, Class A1, 4.63% 4/15/2030 <sup>(c)</sup>  | 2077 | 2114 |
| GLS Auto Receivables Trust, Series 2023-3, Class B, 5.89% 1/18/2028 <sup>(b)(c)</sup>  | 186 | 186 |
| GLS Auto Receivables Trust, Series 2024-2, Class B, 5.77% 11/15/2028 <sup>(b)(c)</sup>  | 537 | 541 |
| GLS Auto Receivables Trust, Series 2023-3, Class C, 6.01% 5/15/2029 <sup>(b)(c)</sup>  | 151 | 152 |
| GLS Auto Receivables Trust, Series 2025-1A, Class B, 4.98% 7/16/2029 <sup>(b)(c)</sup>  | 1083 | 1094 |
| GLS Auto Receivables Trust, Series 2025-2A, Class B, 4.97% 10/15/2029 <sup>(b)(c)</sup>  | 2652 | 2678 |
| GLS Auto Receivables Trust, Series 2024-1, Class C, 5.64% 12/17/2029 <sup>(b)(c)</sup>  | 1303 | 1318 |
| GLS Auto Receivables Trust, Series 2024-1, Class D, 5.95% 12/17/2029 <sup>(b)(c)</sup>  | 837 | 852 |
| GLS Auto Receivables Trust, Series 2025-3A, Class B, 4.57% 1/15/2030 <sup>(b)(c)</sup>  | 1307 | 1313 |
| GLS Auto Receivables Trust, Series 2024-2, Class C, 6.03% 2/15/2030 <sup>(b)(c)</sup>  | 746 | 761 |
| GLS Auto Receivables Trust, Series 2025-4A, Class B, 4.53% 4/15/2030 <sup>(b)(c)</sup>  | 1678 | 1686 |
| GLS Auto Receivables Trust, Series 2025-1A, Class C, 5.07% 11/15/2030 <sup>(b)(c)</sup>  | 3000 | 3032 |
| GLS Auto Receivables Trust, Series 2025-1A, Class D, 5.61% 11/15/2030 <sup>(b)(c)</sup>  | 3000 | 3045 |
| GLS Auto Receivables Trust, Series 2025-4A, Class C, 4.74% 8/15/2031 <sup>(b)(c)</sup>  | 2374 | 2389 |
| GLS Auto Receivables Trust, Series 2025-4A, Class D, 5.13% 8/15/2031 <sup>(b)(c)</sup>  | 2748 | 2772 |
| GLS Auto Select Receivables Trust, Series 2025-4A, Class A2, 4.17% 2/18/2031 <sup>(b)(c)</sup>  | 3179 | 3190 |
| GLS Auto Select Receivables Trust, Series 2025-1A, Class C, 5.26% 3/15/2031 <sup>(b)(c)</sup>  | 220 | 225 |
| GM Financial Revolving Receivables Trust, Series 2023-2, Class A, 5.77% 8/11/2036 <sup>(b)(c)</sup>  | 773 | 812 |
| GM Financial Revolving Receivables Trust, Series 2024-2, Class A, 4.52% 3/11/2037 <sup>(b)(c)</sup>  | 1888 | 1921 |
| GM Financial Securitized Term Auto Receivables Trust, Series 2024-1, Class A3, 4.85% 12/18/2028 <sup>(c)</sup>  | 366 | 368 |
| GM Financial Securitized Term Auto Receivables Trust, Series 2024-1, Class A4, 4.86% 6/18/2029 <sup>(c)</sup>  | 624 | 634 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class A, 5.49% 6/25/2027 <sup>(b)(c)</sup>  | 1113 | 1117 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class 1D, 9.13% 6/25/2027 <sup>(b)(c)</sup>  | 250 | 252 |
| Hertz Vehicle Financing III, LLC, Series 2022-2, Class D, 5.16% 6/26/2028 <sup>(b)(c)</sup>  | 250 | 245 |
| Hertz Vehicle Financing, LLC, Series 2023-1A, Class B, 6.22% 6/25/2027 <sup>(b)(c)</sup>  | 2920 | 2932 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class A, 1.68% 12/27/2027 <sup>(b)(c)</sup>  | 502 | 493 |
| Hertz Vehicle Financing, LLC, Series 2023-3A, Class A, 5.94% 2/25/2028 <sup>(b)(c)</sup>  | 281 | 285 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class A, 5.44% 1/25/2029 <sup>(b)(c)</sup>  | 1449 | 1481 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class D, 9.22% 1/25/2029 <sup>(b)(c)</sup>  | 349 | 361 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(b)(c)</sup>  | 1616 | 1637 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class B, 5.45% 9/25/2029 <sup>(b)(c)</sup>  | 3709 | 3766 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class A, 5.06% 12/26/2029 <sup>(b)(c)</sup>  | 2999 | 3041 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class B, 5.59% 12/26/2029 <sup>(b)(c)</sup>  | 1610 | 1638 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class C, 6.13% 12/26/2029 <sup>(b)(c)</sup>  | 1643 | 1671 |
| Hertz Vehicle Financing, LLC, Series 2025-4A, Class A, 5.41% 12/26/2031 <sup>(b)(c)</sup>  | 2000 | 2059 |
| Huntington National Bank (The), Series 2025-1, Class B, 4.957% 3/21/2033 <sup>(b)(c)</sup>  | 3633 | 3666 |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A3, 5.02% 3/15/2027 <sup>(b)(c)</sup>  | 565 | 566 |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A4, 5.07% 2/15/2028 <sup>(b)(c)</sup>  | 267 | 268 |
| Hyundai Floorplan Master Owner Trust, Series 2025-1A, Class A, 4.01% 10/15/2030 <sup>(b)(c)</sup>  | 3113 | 3117 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(b)(c)</sup>  | 273 | 274 |
| LAD Auto Receivables Trust, Series 2024-1, Class A3, 5.23% 1/18/2028 <sup>(b)(c)</sup>  | 98 | 98 |
| LAD Auto Receivables Trust, Series 2023-3, Class A4, 5.95% 3/15/2028 <sup>(b)(c)</sup>  | 232 | 233 |
| LAD Auto Receivables Trust, Series 2023-3, Class B, 6.09% 6/15/2028 <sup>(b)(c)</sup>  | 721 | 728 |
| LAD Auto Receivables Trust, Series 2023-3, Class C, 6.43% 12/15/2028 <sup>(b)(c)</sup>  | 608 | 620 |
| LAD Auto Receivables Trust, Series 2024-1, Class B, 5.33% 2/15/2029 <sup>(b)(c)</sup>  | 367 | 372 |
| LAD Auto Receivables Trust, Series 2024-1, Class C, 5.64% 6/15/2029 <sup>(b)(c)</sup>  | 444 | 454 |
| LAD Auto Receivables Trust, Series 2024-2, Class A4, 5.46% 7/16/2029 <sup>(b)(c)</sup>  | 507 | 515 |
| LAD Auto Receivables Trust, Series 2024-3A, Class B, 4.74% 1/15/2030 <sup>(b)(c)</sup>  | 410 | 415 |

---

---

| | |
|:---|:---|
| **205** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| LAD Auto Receivables Trust, Series 2024-3A, Class C, 4.93% 3/15/2030 <sup>(b)(c)</sup>  | USD<br> 148<br>| $150 |
| LAD Auto Receivables Trust, Series 2024-2, Class D, 6.37% 10/15/2031 <sup>(b)(c)</sup>  | 175 | 181 |
| Mercedes-Benz Auto Lease Trust, Series 2024-A, Class A3, 5.32% 1/18/2028 <sup>(c)</sup>  | 2385 | 2409 |
| Mercedes-Benz Auto Receivables Trust, Series 2024-1, Class A3, 4.80% 4/16/2029 <sup>(c)</sup>  | 1252 | 1261 |
| Mercedes-Benz Auto Receivables Trust, Series 2024-1, Class A4, 4.79% 7/15/2031 <sup>(c)</sup>  | 857 | 873 |
| PenFed Auto Receivables Owner Trust, Series 2025-A, Class A3, 4.03% 7/15/2030 <sup>(b)(c)</sup>  | 722 | 724 |
| Porsche Innovative Lease Owner Trust, Series 2024-1, Class A3, 4.67% 11/22/2027 <sup>(b)(c)</sup>  | 1833 | 1841 |
| Prestige Auto Receivables Trust, Series 2024-1, Class B, 5.71% 5/15/2028 <sup>(b)(c)</sup>  | 154 | 154 |
| Prestige Auto Receivables Trust, Series 2024-1, Class D, 6.21% 2/15/2030 <sup>(b)(c)</sup>  | 422 | 425 |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class B, 5.95% 1/17/2028 <sup>(c)</sup>  | 4 | 4 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.25% 4/17/2028 <sup>(c)</sup>  | 17 | 17 |
| Santander Drive Auto Receivables Trust, Series 2023-6, Class A3, 5.93% 7/17/2028 <sup>(c)</sup>  | 123 | 124 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class B, 5.23% 12/15/2028 <sup>(c)</sup>  | 558 | 561 |
| Santander Drive Auto Receivables Trust, Series 2024-2, Class B, 5.78% 7/16/2029 <sup>(c)</sup>  | 1517 | 1536 |
| Santander Drive Auto Receivables Trust, Series 2024-4, Class B, 4.93% 9/17/2029 <sup>(c)</sup>  | 900 | 907 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class C, 5.45% 3/15/2030 <sup>(c)</sup>  | 124 | 126 |
| Santander Drive Auto Receivables Trust, Series 2025-4, Class B, 4.27% 1/15/2032 <sup>(c)</sup>  | 3491 | 3500 |
| Santander Drive Auto Receivables Trust, Series 2025-4, Class C, 4.52% 1/15/2032 <sup>(c)</sup>  | 3988 | 4001 |
| SBNA Auto Lease Trust, Series 2024-C, Class A3, 4.56% 2/22/2028 <sup>(b)(c)</sup>  | 768 | 770 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(b)(c)</sup>  | 256 | 259 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class C, 5.185% 7/25/2031 <sup>(b)(c)</sup>  | 820 | 828 |
| SFS Auto Receivables Securitization Trust, Series 2024-3A, Class B, 4.76% 11/20/2031 <sup>(b)(c)</sup>  | 1846 | 1871 |
| Space Coast Credit Union, Series 2025-1A, Class A2, 4.67% 11/15/2028 <sup>(b)(c)</sup>  | 3788 | 3799 |
| Space Coast Credit Union, Series 2024-1, Class A3, 5.11% 6/15/2029 <sup>(b)(c)</sup>  | 1058 | 1065 |
| Toyota Auto Receivables Owner Trust, Series 2024-A, Class A3, 4.83% 10/16/2028 <sup>(c)</sup>  | 1072 | 1079 |
| Toyota Auto Receivables Owner Trust, Series 2024-A, Class A4, 4.77% 4/16/2029 <sup>(c)</sup>  | 659 | 670 |
| Tricolor Auto Securitization Trust, Series 2025-1A, Class A, 4.94% 2/15/2029 <sup>(b)(c)(f)</sup>  | 3596 | 2153 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class B, 4.728% 9/26/2033 <sup>(b)(c)</sup>  | 6477 | 6490 |
| United Auto Credit Securitization Trust, Series 2025-1, Class B, 5.05% 2/10/2028 <sup>(b)(c)</sup>  | 2419 | 2424 |
| United Auto Credit Securitization Trust, Series 2024-1, Class C, 7.06% 10/10/2029 <sup>(b)(c)</sup>  | 1009 | 1012 |
| VStrong Auto Receivables Trust, Series 2024-A, Class A3, 5.62% 12/15/2028 <sup>(b)(c)</sup>  | 144 | 144 |
| Western Funding Auto Loan Trust, Series 2025-1, Class A, 4.75% 7/16/2035 <sup>(b)(c)</sup>  | 1947 | 1965 |
| Western Funding Auto Loan Trust, Series 2025-1, Class B, 4.98% 9/17/2035 <sup>(b)(c)</sup>  | 1019 | 1030 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class A3, 5.44% 5/17/2027 <sup>(b)(c)</sup>  | 90 | 90 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class B, 5.55% 11/15/2027 <sup>(b)(c)</sup>  | 748 | 751 |
| Westlake Automobile Receivables Trust, Series 2023-1, Class C, 5.74% 8/15/2028 <sup>(b)(c)</sup>  | 330 | 332 |
| Westlake Automobile Receivables Trust, Series 2023-3, Class C, 6.02% 9/15/2028 <sup>(b)(c)</sup>  | 597 | 603 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class C, 5.65% 2/15/2029 <sup>(b)(c)</sup>  | 523 | 529 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class D, 6.02% 10/15/2029 <sup>(b)(c)</sup>  | 703 | 721 |
| Westlake Automobile Receivables Trust, Series 2025-2A, Class B, 4.63% 1/15/2031 <sup>(b)(c)</sup>  | 1176 | 1183 |
| Westlake Automobile Receivables Trust, Series 2025-2A, Class C, 4.85% 1/15/2031 <sup>(b)(c)</sup>  | 1945 | 1959 |
| Westlake Automobile Receivables Trust, Series 2025-2A, Class D, 5.08% 5/15/2031 <sup>(b)(c)</sup>  | 3000 | 3026 |
| Westlake Automobile Receivables Trust, Series 2025-3A, Class B, 4.28% 7/15/2031 <sup>(b)(c)</sup>  | 1797 | 1803 |
| Westlake Automobile Receivables Trust, Series 2025-3A, Class C, 4.68% 7/15/2031 <sup>(b)(c)</sup>  | 1738 | 1744 |
| Westlake Flooring Master Trust, Series 2024-1, Class A, 5.43% 2/15/2028 <sup>(b)(c)</sup>  | 536 | 537 |
| Westlake Flooring Master Trust, Series 2025-1A, Class A, 4.23% 10/15/2029 <sup>(b)(c)</sup>  | 4669 | 4679 |
| Wheels Fleet Lease Funding, LLC, Series 24-2A, Class A1, 4.87% 6/21/2039 <sup>(b)(c)</sup>  | 1703 | 1720 |
| Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(b)(c)</sup>  | 1199 | 1212 |
|  |  | 195127 |
| **Other asset-backed securities 9.91%** |  |  |
| ACHV ABS Trust, Series 2024-2PL, Class A, 5.07% 10/27/2031 <sup>(b)(c)</sup>  | 522 | 525 |
| ACHV ABS Trust, Series 2025-1PL, Class B, 5.04% 4/26/2032 <sup>(b)(c)</sup>  | 2199 | 2210 |
| ACHV ABS Trust, Series 2025-1PL, Class C, 5.31% 4/26/2032 <sup>(b)(c)</sup>  | 2606 | 2619 |
| Affirm Asset Securitization Trust, Series 2025-X2, Class A, 4.45% 10/15/2030 <sup>(b)(c)</sup>  | 1690 | 1696 |
| Affirm Asset Securitization Trust, Series 2025-X2, Class B, 4.56% 10/15/2030 <sup>(b)(c)</sup>  | 1594 | 1601 |
| Affirm Master Trust, Series 2025-3A, Class A, 4.45% 10/16/2034 <sup>(b)(c)</sup>  | 2835 | 2847 |
| Affirm, Inc., Series 2024, Class 1A, 5.61% 2/15/2029 <sup>(b)(c)</sup>  | 3000 | 3005 |
| Affirm, Inc., Series 2024-A, Class A, 5.61% 2/15/2029 <sup>(b)(c)</sup>  | 1046 | 1048 |
| Affirm, Inc., Series 2024-X2, Class A, 5.22% 12/17/2029 <sup>(b)(c)</sup>  | 71 | 71 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **206** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Affirm, Inc., Series 2025-X1, Class A, 5.08% 4/15/2030 <sup>(b)(c)</sup>  | USD<br> 1,780<br>| $1783 |
| Ansley Park Capital, LLC, Series 2025-A, Class A2, 4.43% 4/20/2035 <sup>(b)(c)</sup>  | 3260 | 3271 |
| APL Finance, LLC, Series 2025-1A, Class A, 4.81% 3/20/2036 <sup>(b)(c)</sup>  | 2021 | 2030 |
| Apollo Aviation Securitization Equity Trust, Series 2025-3A, Class A, 5.243% 2/16/2050 <sup>(b)(c)</sup>  | 4785 | 4805 |
| Apollo Aviation Securitization Equity Trust, Series 2025-2A, Class A, 5.522% 2/16/2050 <sup>(b)(c)</sup>  | 2663 | 2684 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 <sup>(b)(c)</sup>  | 1488 | 1520 |
| Auxilior Term Funding, LLC, Series 24-1, Class A2, 5.84% 3/15/2027 <sup>(b)(c)</sup>  | 248 | 249 |
| Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 11/17/2033 <sup>(b)(c)</sup>  | 106 | 105 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class B, 5.41% 3/15/2030 <sup>(b)(c)</sup>  | 190 | 192 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class C, 6.38% 1/15/2031 <sup>(b)(c)</sup>  | 139 | 142 |
| Capteris Equipment Finance, Series 2024-1, Class A2, 5.58% 7/20/2032 <sup>(b)(c)</sup>  | 2231 | 2273 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(b)(c)</sup>  | 2217 | 2256 |
| Castlelake Aircraft Securitization Trust, Series 2025-3A, Class A, 5.087% 11/15/2050 <sup>(b)(c)</sup>  | 5873 | 5900 |
| CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 <sup>(b)(c)</sup>  | 1333 | 1133 |
| CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/2061 <sup>(b)(c)</sup>  | 1529 | 1243 |
| CFG Investments, Ltd., Series 2025-1, Class A, 6.47% 3/25/2036 <sup>(b)(c)</sup>  | 1489 | 1515 |
| CLI Funding VI, LLC, Series 2020-2A, Class A, 2.03% 9/15/2045 <sup>(b)(c)</sup>  | 281 | 266 |
| CLI Funding VIII, LLC, Series 2022-1, Class A, 2.72% 1/18/2047 <sup>(b)(c)</sup>  | 1450 | 1352 |
| Commercial Equipment Finance, Series 2024-1, Class A, 5.97% 7/16/2029 <sup>(b)(c)</sup>  | 410 | 415 |
| Commercial Equipment Finance, Series 2025-1A, Class A, 4.83% 5/15/2031 <sup>(b)(c)</sup>  | 2487 | 2499 |
| Crockett Partners Equipment Co. II, LLC, Series 2024-1C, Class A, 6.05% 1/20/2031 <sup>(b)(c)</sup>  | 1942 | 1978 |
| Crossroads Asset Trust, Series 2024-A, Class A2, 5.90% 8/20/2030 <sup>(b)(c)</sup>  | 573 | 579 |
| Daimler Trucks Retail Trust, Series 2024-1, Class A4, 5.56% 7/15/2031 <sup>(c)</sup>  | 1452 | 1479 |
| Dell Equipment Finance Trust, Series 2024-2, Class B, 4.82% 8/22/2030 <sup>(b)(c)</sup>  | 1992 | 2012 |
| Dext ABS, LLC, Series 2025-2, Class A3, 4.23% 4/15/2036 <sup>(b)(c)</sup>  | 3609 | 3614 |
| Dext ABS, LLC, Series 2025-2, Class B, 4.66% 4/15/2036 <sup>(b)(c)</sup>  | 2800 | 2804 |
| DLLAD, LLC, Series 2024-1, Class A2, 5.50% 8/20/2027 <sup>(b)(c)</sup>  | 387 | 389 |
| DLLAD, LLC, Series 2024-1, Class A3, 5.30% 7/20/2029 <sup>(b)(c)</sup>  | 491 | 502 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(b)(c)</sup>  | 2032 | 2064 |
| Frontier Issuer, LLC, Series 2023-1, Class A2, 6.60% 8/20/2053 <sup>(b)(c)</sup>  | 3515 | 3548 |
| Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 11/19/2040 <sup>(b)(c)</sup>  | 294 | 283 |
| Global SC Finance VII SRL, Series 2021-2A, Class A, 1.95% 8/17/2041 <sup>(b)(c)</sup>  | 689 | 649 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2025-1, Class A3, 4.49% 4/16/2029 <sup>(b)(c)</sup>  | 1805 | 1828 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2025-2, Class B, 4.50% 9/15/2032 <sup>(b)(c)</sup>  | 2028 | 2048 |
| HPEFS Equipment Trust, Series 2025-2A, Class B, 4.21% 11/22/2032 <sup>(b)(c)</sup>  | 490 | 491 |
| John Deere Owner Trust, Series 2024-A, Class A3, 4.96% 11/15/2028 <sup>(c)</sup>  | 923 | 931 |
| M&T Equipment Notes, Series 2024-1, Class A3, 4.76% 8/18/2031 <sup>(b)(c)</sup>  | 2289 | 2319 |
| Merchants Fleet Funding, LLC, Series 2024-1, Class A, 5.82% 4/20/2037 <sup>(b)(c)</sup>  | 1685 | 1696 |
| Mercury Financial Credit Card Master Trust, Series 2024-2A, Class A, 6.56% 7/20/2029 <sup>(b)(c)</sup>  | 1638 | 1647 |
| MMP Capital, Series 2025-A, Class A, 5.36% 12/15/2031 <sup>(b)(c)</sup>  | 414 | 417 |
| MMP Capital, Series 2025-A, Class B, 5.72% 12/15/2031 <sup>(b)(c)</sup>  | 830 | 848 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/2061 <sup>(b)(c)</sup>  | 358 | 300 |
| NMEF Funding, LLC, Series 2024-A, Class A2, 5.15% 12/15/2031 <sup>(b)(c)</sup>  | 1496 | 1506 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(b)(c)</sup>  | 1702 | 1709 |
| NMEF Funding, LLC, Series 2025-A, Class B, 5.18% 7/15/2032 <sup>(b)(c)</sup>  | 1958 | 1984 |
| NMEF Funding, LLC, Series 2025-B, Class A2, 4.64% 1/18/2033 <sup>(b)(c)</sup>  | 2539 | 2550 |
| NMEF Funding, LLC, Series 2025-B, Class B, 4.73% 1/18/2033 <sup>(b)(c)</sup>  | 3178 | 3204 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 <sup>(b)(c)</sup>  | 1020 | 1034 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class A, 4.98% 10/17/2031 <sup>(b)(c)</sup>  | 1001 | 1006 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class A, 5.08% 4/19/2032 <sup>(b)(c)</sup>  | 992 | 1000 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class B, 5.52% 4/19/2032 <sup>(b)(c)</sup>  | 1015 | 1022 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-2A, Class A, 4.84% 11/17/2032 <sup>(b)(c)</sup>  | 643 | 647 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-2A, Class B, 5.23% 11/17/2032 <sup>(b)(c)</sup>  | 748 | 751 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-2A, Class C, 6.30% 11/17/2032 <sup>(b)(c)</sup>  | 709 | 715 |
| OWN Equipment Fund III, Series 2025-2M, Class A, 5.42% 3/27/2034 <sup>(b)(c)</sup>  | 1921 | 1934 |
| Pagaya AI Debt Selection Trust, Series 2025-R3, Class A, 4.841% 1/18/2033 <sup>(b)(c)</sup>  | 4475 | 4481 |
| Pagaya AI Debt Selection Trust, Series 2025-R3, Class B, 5.088% 1/18/2033 <sup>(b)(c)</sup>  | 2985 | 2990 |
| Pagaya Point Of Sale Holdings Grantor Trust, Series 2025-2, Class A, 5.065% 7/20/2033 <sup>(b)(c)</sup>  | 4272 | 4297 |
| Pagaya Point Of Sale Holdings Grantor Trust, Series 2025-2, Class B, 5.212% 7/20/2033 <sup>(b)(c)</sup>  | 5000 | 5022 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A2, 4.74% 4/20/2027 <sup>(b)(c)</sup>  | 402 | 403 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class A2, 5.79% 6/21/2027 <sup>(b)(c)</sup>  | 1369 | 1380 |
| PEAC Solutions Receivables, LLC, Series 2025-1A, Class A2, 4.94% 10/20/2028 <sup>(b)(c)</sup>  | 1326 | 1335 |

---

---

| | |
|:---|:---|
| **207** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A3, 4.65% 10/20/2031 <sup>(b)(c)</sup>  | USD<br> 293<br>| $295 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class B, 4.83% 10/20/2031 <sup>(b)(c)</sup>  | 764 | 770 |
| PFS Financing Corp., Series 2023-A, Class A, 5.80% 3/15/2028 <sup>(b)(c)</sup>  | 2000 | 2007 |
| PFS Financing Corp., Series 2024-F, Class A, 4.75% 8/15/2029 <sup>(b)(c)</sup>  | 2969 | 3005 |
| PG&E Recovery Funding, LLC, Series 2024-A, Class A1, 4.838% 6/1/2035 <sup>(c)</sup>  | 1666 | 1696 |
| PK ALIFT Loan Funding 3, LP, Series 2024-1, Class A1, 5.842% 9/15/2039 <sup>(b)(c)</sup>  | 545 | 558 |
| PK ALIFT Loan Funding 4, LP, Series 2024-2, Class A, 5.052% 10/15/2039 <sup>(b)(c)</sup>  | 1244 | 1250 |
| PK ALIFT Loan Funding, Series 2025-2, Class A, 4.75% 3/15/2043 <sup>(b)(c)</sup>  | 880 | 883 |
| Post Road Equipment Finance, Series 2025-1A, Class A2, 4.90% 5/15/2031 <sup>(b)(c)</sup>  | 824 | 830 |
| Post Road Equipment Finance, Series 2025-1A, Class B, 5.04% 5/15/2031 <sup>(b)(c)</sup>  | 1450 | 1474 |
| Post Road Equipment Finance, Series 2025-1A, Class C, 5.13% 5/15/2031 <sup>(b)(c)</sup>  | 3450 | 3509 |
| Reach Financial, LLC, Series 2024-2, Class A, 5.88% 7/15/2031 <sup>(b)(c)</sup>  | 341 | 343 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 <sup>(b)(c)</sup>  | 3567 | 3645 |
| SLAM, LLC, Series 2024-1A, Class A, 5.335% 9/15/2049 <sup>(b)(c)</sup>  | 968 | 982 |
| Subway Funding, LLC, Series 2024-3, Class A2I, 5.246% 7/30/2054 <sup>(b)(c)</sup>  | 2162 | 2158 |
| Synchrony Card Issuance Trust, Series 2023-A2, Class A, 5.74% 10/15/2029 <sup>(c)</sup>  | 498 | 505 |
| Synchrony Card Issuance Trust, Series 2024-A2, Class A, 4.93% 7/15/2030 <sup>(c)</sup>  | 2835 | 2882 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(b)(c)</sup>  | 705 | 675 |
| Textainer Marine Containers, Ltd., Series 2021-1, Class A, 1.68% 2/20/2046 <sup>(b)(c)</sup>  | 708 | 668 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 4/20/2046 <sup>(b)(c)</sup>  | 498 | 472 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(b)(c)</sup>  | 1870 | 1881 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class B, 8.06% 7/23/2050 <sup>(b)(c)</sup>  | 997 | 1003 |
| TIF Funding II, LLC, Series 2021-1A, Class A, 1.65% 2/20/2046 <sup>(b)(c)</sup>  | 843 | 774 |
| Trinity Rail Leasing, LP, Series 2020-2A, Class A2, 2.56% 11/19/2050 <sup>(b)(c)</sup>  | 1727 | 1660 |
| Triton Container Finance VIII, LLC, Series 2020-1, Class A, 2.11% 9/20/2045 <sup>(b)(c)</sup>  | 831 | 785 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(b)(c)</sup>  | 1130 | 1136 |
| U.S. Bank National Association, Series 2025-SUP2, Class B1, 4.818% 9/25/2032 <sup>(b)(c)</sup>  | 1897 | 1909 |
| Upstart Securitization Trust, Series 2025-4, Class B, 5.20% 11/20/2035 <sup>(b)(c)</sup>  | 4000 | 4012 |
| Verdant Receivables, LLC, Series 2024-1, Class A2, 5.68% 12/12/2031 <sup>(b)(c)</sup>  | 456 | 466 |
| Verdant Receivables, LLC, Series 2024-1, Class C, 6.25% 12/12/2031 <sup>(b)(c)</sup>  | 164 | 170 |
| Verdant Receivables, LLC, Series 2025-1A, Class A3, 4.96% 5/12/2033 <sup>(b)(c)</sup>  | 3364 | 3431 |
| Verizon Master Trust, Series 2024-6, Class A1A, 4.17% 8/20/2030 <sup>(c)</sup>  | 1937 | 1950 |
| Verizon Master Trust, Series 2025-9, Class A1A, 3.96% 10/21/2030 (4.67% on 10/20/2027) <sup>(a)(c)</sup>  | 2924 | 2939 |
| Verizon Master Trust, Series 2024-2, Class A, 4.83% 12/22/2031 <sup>(b)(c)</sup>  | 652 | 668 |
| Verizon Master Trust, Series 24-5, Class A, 5.00% 6/21/2032 <sup>(b)(c)</sup>  | 625 | 645 |
| Verizon Master Trust, Series 2025-4, Class A, 4.76% 3/21/2033 <sup>(b)(c)</sup>  | 2825 | 2897 |
| Verizon Master Trust, Series 2025-10, Class A, 4.28% 10/20/2033 (4.96% on 10/20/2030) <sup>(a)(b)(c)</sup>  | 2693 | 2708 |
| VFI ABS, LLC, Series 2025-1A, Class A, 4.78% 6/24/2030 <sup>(b)(c)</sup>  | 818 | 822 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(b)(c)</sup>  | 246 | 247 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class B, 5.06% 9/20/2032 <sup>(b)(c)</sup>  | 667 | 674 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class C, 5.28% 9/20/2032 <sup>(b)(c)</sup>  | 708 | 717 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class A2, 4.33% 9/20/2033 <sup>(b)(c)</sup>  | 216 | 216 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class B, 4.57% 9/20/2033 <sup>(b)(c)</sup>  | 2105 | 2113 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class C, 4.76% 9/20/2033 <sup>(b)(c)</sup>  | 320 | 321 |
|  |  | 185402 |
| **Collateralized loan obligations 1.99%** |  |  |
| Allegro CLO, Ltd., Series 2019-1, Class ARR, (3-month USD CME Term SOFR + 1.13%) 5.014% <br> 4/20/2032 <sup>(b)(c)(d)</sup>  | 737 | 737 |
| Apidos CLO, Ltd., Series 2019-32A, Class A1R, (3-month USD CME Term SOFR + 1.10%) 4.984% <br> 1/20/2033 <sup>(b)(c)(d)</sup>  | 1045 | 1046 |
| Battalion CLO, Ltd., Series 2018-12A, Class ARR, (3-month USD CME Term SOFR + 0.93%) 4.782% <br> 5/17/2031 <sup>(b)(c)(d)</sup>  | 982 | 983 |
| Blackrock CLO, Series 2025-2A, Class A, (3-month USD CME Term SOFR + 1.27%) 5.047% 11/21/2033 <sup>(b)(c)(d)</sup>  | 5969 | 5973 |
| Bluemountain CLO, Ltd., Series 2021-31A, Class A1R, (3-month USD CME Term SOFR + 1.10%) 5.246% <br> 4/19/2034 <sup>(b)(c)(d)</sup>  | 1368 | 1366 |
| Dryden Senior Loan Fund, CLO, Series 2015-37, Class AR, (3-month USD CME Term SOFR + 1.362%) 5.266% <br> 1/15/2031 <sup>(b)(c)(d)</sup>  | 51 | 51 |
| Flatiron CLO, Ltd., Series 2024-1A, Class A1R, (3-month USD CME Term SOFR + 1.08%) 4.985% <br> 7/15/2036 <sup>(b)(c)(d)</sup>  | 2077 | 2081 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **208** |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fortress Credit BSL, Ltd., CLO, Series 2019-2A, Class A1AR, (3-month USD CME Term SOFR + 1.05%) 4.934% <br> 10/20/2032 <sup>(b)(c)(d)</sup>  | USD<br> 738<br>| $738 |
| Golub Capital Partners Static, Ltd., CLO, Series 2024-1, Class AR, (3-month USD CME Term SOFR + 1.12%) <br> 5.446% 7/20/2035 <sup>(b)(c)(d)</sup>  | 1500 | 1500 |
| Golub Capital Private Credit Fund CLO, Series 2025-BSL1A, Class A1, (3-month USD CME Term SOFR + <br> 1.05%) 4.751% 1/20/2034 <sup>(b)(c)(d)</sup>  | 4000 | 4001 |
| LCM, LP, Series 2027, Class A1, (3-month USD CME Term SOFR + 1.342%) 5.235% 7/16/2031 <sup>(b)(c)(d)</sup>  | 6 | 6 |
| Madison Park Funding, Ltd., CLO, Series 2021-50A, Class A, (3-month USD CME Term SOFR + 1.402%) <br> 5.286% 4/19/2034 <sup>(b)(c)(d)</sup>  | 300 | 300 |
| Magnetite CLO, Ltd., Series 2019-22, Class ARR, (3-month USD CME Term SOFR + 1.25%) 5.155% <br> 7/15/2036 <sup>(b)(c)(d)</sup>  | 693 | 693 |
| Marble Point CLO, Ltd., Series 2019-1A, Class A1R2, (3-month USD CME Term SOFR + 1.04%) 4.90% <br> 7/23/2032 <sup>(b)(c)(d)</sup>  | 830 | 831 |
| Palmer Square Loan Funding, Ltd., Series 2022-4A, Class A1RN, (3-month USD CME Term SOFR + 1.00%) <br> 4.865% 7/24/2031 <sup>(b)(c)(d)</sup>  | 144 | 144 |
| Palmer Square Loan Funding, Ltd., Series 2022-4A, Class A2R, (3-month USD CME Term SOFR + 1.30%) <br> 5.165% 7/24/2031 <sup>(b)(c)(d)</sup>  | 889 | 886 |
| Parallel, Ltd., Series 2023-1A, Class A1R, (3-month USD CME Term SOFR + 1.39%) 5.274% 7/20/2036 <sup>(b)(c)(d)</sup>  | 3000 | 3007 |
| Sound Point CLO, Ltd., Series 2013-3R, Class A, (3-month USD CME Term SOFR + 1.412%) 5.296% <br> 4/18/2031 <sup>(b)(c)(d)</sup>  | 93 | 93 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class ARR, (3-month USD CME Term SOFR + 1.04%) 4.945% <br> 4/15/2032 <sup>(b)(c)(d)</sup>  | 1791 | 1789 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 4.905% <br> 7/15/2032 <sup>(b)(c)(d)</sup>  | 1779 | 1776 |
| Thompson Park CLO, Ltd., Series 2021-1A, Class A1R, (3-month USD CME Term SOFR + 1.05%) 4.955% <br> 4/15/2034 <sup>(b)(c)(d)</sup>  | 3229 | 3231 |
| Trinitas CLO, Ltd., Series 2018-9A, Class ARRR, (3-month USD CME Term SOFR + 1.20%) 5.084% <br> 1/20/2032 <sup>(b)(c)(d)</sup>  | 187 | 187 |
| Trinitas CLO, Ltd., Series 2020-12A, Class A1R2, (3-month USD CME Term SOFR + 1.05%) 4.908% <br> 4/25/2033 <sup>(b)(c)(d)</sup>  | 3426 | 3430 |
| Trinitas CLO, Ltd., Series 2020-12A, Class B1R2, (3-month USD CME Term SOFR + 1.55%) 5.792% <br> 4/25/2033 <sup>(b)(c)(d)</sup>  | 1318 | 1319 |
| Valley Stream Park CLO, Ltd., Series 2022-1A, Class ARR, (3-month USD CME Term SOFR + 1.19%) 5.074% <br> 1/20/2037 <sup>(b)(c)(d)</sup>  | 1000 | 1000 |
|  |  | 37168 |
| **Credit card 1.43%** |  |  |
| Avant Credit Card Master Trust, Series 2024-2A, Class A, 5.38% 5/15/2029 <sup>(b)(c)</sup>  | 5000 | 5012 |
| Brex Commercial Charge Card Master Trust, Series 2024-1, Class A1, 6.05% 7/15/2027 <sup>(b)(c)</sup>  | 806 | 808 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(b)(c)</sup>  | 574 | 582 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class C, 5.53% 5/15/2029 <sup>(b)(c)</sup>  | 230 | 233 |
| First National Master Note Trust, Series 2023-1, Class A, 5.13% 4/15/2029 <sup>(c)</sup>  | 592 | 594 |
| First National Master Note Trust, Series 2023-2, Class A, 5.77% 9/17/2029 <sup>(c)</sup>  | 668 | 677 |
| First National Master Note Trust, Series 2024-1, Class A, 5.34% 5/15/2030 <sup>(c)</sup>  | 2110 | 2153 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class A, 4.84% 9/15/2029 <sup>(b)(c)</sup>  | 2151 | 2157 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(b)(c)</sup>  | 1212 | 1220 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(b)(c)</sup>  | 2541 | 2555 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class C, 5.37% 12/16/2030 <sup>(b)(c)</sup>  | 1200 | 1204 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(b)(c)</sup>  | 2591 | 2611 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.21% 9/15/2031 <sup>(b)(c)</sup>  | 995 | 1003 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class C, 5.41% 9/15/2031 <sup>(b)(c)</sup>  | 427 | 429 |
| World Financial Network Credit Card Master Trust, Series 2024-A, Class A, 5.47% 2/17/2031 <sup>(c)</sup>  | 2157 | 2200 |
| World Financial Network Credit Card Master Trust, Series 2024-B, Class A, 4.62% 5/15/2031 <sup>(c)</sup>  | 3374 | 3414 |
|  |  | 26852 |
| **Student loan 0.34%** |  |  |
| Navient Education Loan Trust, Series 2025-A, Class A, 5.02% 7/15/2055 <sup>(b)(c)</sup>  | 1417 | 1434 |

---

---

| | |
|:---|:---|
| **209** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |
| **Student loan (continued)** |  |  |
| Nelnet Student Loan Trust, Series 2025-AA, Class A1A, 5.07% 3/15/2057 <sup>(b)(c)</sup>  | USD<br> 3,506<br>| $3543 |
| SMB Private Education Loan Trust, Series 2023-C, Class A1B, (30-day Average USD-SOFR + 1.55%) 5.534% <br> 11/15/2052 <sup>(b)(c)(d)</sup>  | 176 | 178 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(b)(c)</sup>  | 1176 | 1195 |
|  |  | 6350 |
| **Total asset-backed obligations** |  | 450899 |
| **U.S. Treasury bonds & notes 1.07%** | **U.S. Treasury bonds & notes 1.07%** | **U.S. Treasury bonds & notes 1.07%** |
| **U.S. Treasury 1.07%** |  |  |
| U.S. Treasury 3.625% 8/31/2027  | 1736 | 1740 |
| U.S. Treasury 3.50% 9/30/2027 <sup>(g)</sup>  | 6250 | 6252 |
| U.S. Treasury 3.50% 10/31/2027  | 4000 | 4001 |
| U.S. Treasury 3.375% 11/30/2027  | 6450 | 6438 |
| U.S. Treasury 3.625% 9/30/2030  | 1647 | 1641 |
|  |  | 20072 |
| **Total U.S. Treasury bonds & notes** |  | 20072 |
| **Bonds & notes of governments & government agencies outside the U.S. 0.33%** | **Bonds & notes of governments & government agencies outside the U.S. 0.33%** | **Bonds & notes of governments & government agencies outside the U.S. 0.33%** |
| **Chile 0.07%** |  |  |
| Chile (Republic of) 4.85% 1/22/2029  | 1335 | 1366 |
| **Mexico 0.05%** |  |  |
| United Mexican States 5.00% 5/7/2029  | 1010 | 1028 |
| **Saudi Arabia 0.21%** |  |  |
| Saudi Arabia (Kingdom of) 4.25% 9/9/2030 <sup>(b)</sup>  | 3840 | 3839 |
| **Total bonds & notes of governments & government agencies outside the U.S.** |  | 6233 |
| **Loans 0.09%** | **Loans 0.09%** | **Loans 0.09%** |
| **Financials 0.09%** |  |  |
| Aero Capital Solutions, Inc., Term Loan, (1-month USD CME Term SOFR + 3.00%) 7.61% 11/17/2029 <sup>(b)(d)(h)(i)</sup>  | 1694 | 1681 |
| **Total loans** |  | 1681 |
| **Total bonds, notes & other debt instruments** (cost: $1,802,034,000) |  | 1818730 |
| Short-term securities 4.77% | Shares |  |
| **Money market investments 4.77%** | **Money market investments 4.77%** | **Money market investments 4.77%** |
| Capital Group Central Cash Fund 3.79% <sup>(j)(k)</sup>  | 893670 | 89376 |
| **Total short-term securities** (cost: $89,356,000) |  | 89376 |
| **Total investment securities 101.93%** (cost: $1,891,390,000) |  | 1908106 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (1.93)% | (36207)<br>|
| **Net assets 100.00%** | $1871899 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **210** |

---

------

Capital Group Short Duration Income ETF (continued)

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| 3.37% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/14/2027 | USD709,700 | &nbsp;&nbsp;&nbsp;&nbsp; $507 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $507 |
| SOFR | Annual | 3.1665% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/18/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 56900 | &nbsp;&nbsp;&nbsp;&nbsp; 2327 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2327 |
| SOFR | Annual | 3.664% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/14/2035 | &nbsp;&nbsp;&nbsp;&nbsp; 94300 | &nbsp;&nbsp;&nbsp;&nbsp; 915 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 915 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $3749 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $3749 |

---

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>1/1/2025 <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>12/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 4.77%** | **Short-term securities 4.77%** | **Short-term securities 4.77%** | **Short-term securities 4.77%** | **Short-term securities 4.77%** | **Short-term securities 4.77%** | **Short-term securities 4.77%** | **Short-term securities 4.77%** |
| **Money market investments 4.77%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 3.79% <sup>(j)</sup> | $60729 | &nbsp;&nbsp; $658074 | &nbsp;&nbsp; $629430 | &nbsp;&nbsp; $(8)<br>| &nbsp;&nbsp; $11 | &nbsp;&nbsp; $89376 | &nbsp;&nbsp; $4045 |

---

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

<sup>(b)</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 $744,716,000, which represented 39.78% of the net assets of the fund. 

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

<sup>(d)</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>(e)</sup> Purchased on a TBA basis.

<sup>(f)</sup> Scheduled interest and/or principal payment was not received.

<sup>(g)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $5,308,000, which represented 0.28% of the net assets of the fund. 

<sup>(h)</sup> Value determined using significant unobservable inputs.

<sup>(i)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $1,681,000, which represented 0.09% of the net assets of the fund. 

<sup>(j)</sup> Rate represents the seven-day yield at 12/31/2025.

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| SOFR = Secured Overnight Financing Rate |
| TBA = To be announced |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **211** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 94.18% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alabama 2.90%** | **Alabama 2.90%** | **Alabama 2.90%** |
| County of Baldwin, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Novelis Corp. Project), Series 2025-A, AMT, <br> 5.00% 6/1/2055 (put 6/1/2032) <sup>(a)</sup>  | USD<br> 1,000<br>| $1020 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (BP P.L.C), Series 2024-D, 5.00% 3/1/2055 (put 11/1/2034)  | 800 | 856 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 7), Series 2021-C-1, 4.00% 10/1/2052 (put 12/1/2026)  | 2055 | 2064 |
| Black Belt Energy Gas Dist., Gas Project Rev. Ref. Bonds, Series 2025-D, 5.00% 12/1/2055 (put 8/1/2035)  | 1310 | 1407 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2022-D-1, 4.00% 7/1/2052 (put 6/1/2027)  | 2240 | 2259 |
| Federal Aid Highway Fin. Auth., Special Obligation Rev. Bonds, Series 2016-A, 5.00% 9/1/2035 (preref. 9/1/2026)  | 1250 | 1270 |
| Health Care Auth., Baptist Health, An Affiliate of UAB Health System, Series 2023-A, 5.00% 11/15/2029  | 1000 | 1065 |
| Housing Fin. Auth., Collateralized Single Family Mortgage Rev. Bonds, Series 2024-C, 5.75% 4/1/2055  | 1295 | 1411 |
| Housing Fin. Auth., Multi Family Housing Rev. Bonds (Cooper Green Homes Project), Series 2024-C, 5.00% 2/1/2029 <br> (put 2/1/2028)  | 195 | 203 |
| Housing Fin. Auth., Multi Family Housing Rev. Bonds (Fred Marshall Project), Series 2025-F, 3.15% 12/1/2028 (put <br> 6/1/2028)  | 555 | 556 |
| County of Jefferson, Limited Obligation Rev. Ref. Bonds, Series 2017, 5.00% 9/15/2027  | 1000 | 1026 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.00% 10/1/2032  | 1000 | 1116 |
| Lower Alabama Gas Dist., Gas Project Rev. Ref. Bonds, Series 2025-A, 5.00% 12/1/2033 (put 9/1/2033)  | 1215 | 1285 |
| Midcity Improvement Dist., Special Assessment Rev. Bonds, Series 2022, 3.875% 11/1/2027  | 105 | 103 |
| South East Gas Supply Dist., Gas Supply Rev. Ref. Bonds (Project No. 2), Series 2024-B, 5.00% 6/1/2049 (put 5/1/2032)  | 4000 | 4294 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 3), Series 2022-A-1, 5.50% 1/1/2053 (put <br> 12/1/2029)  | 4370 | 4686 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 4), Series 2022-B-1, 5.00% 5/1/2053 (put <br> 8/1/2028)  | 2000 | 2071 |
| Stadium Trace Village Improvement Dist., Dev. Incentive Anticipation Bonds, Series 2021, 3.625% 3/1/2036  | 1040 | 956 |
|  |  | 27648 |
| **Alaska 0.84%** | **Alaska 0.84%** | **Alaska 0.84%** |
| GO Rev. Ref. Bonds, Series 2025-3, 5.00% 10/1/2026  | 300 | 305 |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds (Snettisham Hydroelectric Project), Series 2015, AMT, 5.00% <br> 1/1/2031  | 1000 | 1001 |
| City of Valdez, Marine Terminal Rev. Ref. Bonds (Exxon Pipeline Co. Project), Series 1993-B, 2.50% 12/1/2033 <sup>(b)</sup>  | 6675 | 6675 |
|  |  | 7981 |
| **Arizona 1.52%** | **Arizona 1.52%** | **Arizona 1.52%** |
| City of Glendale, Industrial Dev. Auth., Rev. Bonds (Midwestern University), Series 2025, 5.00% 5/15/2027  | 500 | 516 |
| City of Glendale, Industrial Dev. Auth., Rev. Ref. Bonds (Midwestern University), Series 2020, 5.00% 5/15/2028  | 625 | 658 |
| Industrial Dev. Auth., Charter School Rev. Bonds (Equitable School Revolving Fund - Kestrel Verifiers), Series 2021-A, <br> 4.00% 11/1/2026  | 1000 | 1010 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 4.00% 7/1/2029 <sup>(a)</sup>  | 135 | 134 |
| Industrial Dev. Auth., Multi Family Housing Bonds (Ironwood Ranch Apartments Project), Series 2024, 5.00% 2/1/2058 <br> (put 9/1/2026)  | 1300 | 1316 |
| Industrial Dev. Auth., Multi Family Housing Rev. Bonds (The Acacia At Youngtown Phase II Project), Series 2024, 5.00% <br> 11/1/2058 (put 7/1/2027)  | 3975 | 4051 |
| Industrial Dev. Auth., Rev. Bonds (Lincoln South Beltway Project), Series 2020, 5.00% 11/1/2028  | 2000 | 2138 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Banner Health), Series 2016-A, 5.00% 1/1/2038  | 290 | 295 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Verrado Marketplace Project), Series 2025, 4.375% 5/1/2033 <sup>(a)</sup>  | 500 | 492 |
| City of Phoenix, Industrial Dev. Auth., Multi Family Housing Rev. Bonds (Memorial Towers Project), Series 2024-A, <br> 3.35% 12/1/2027  | 295 | 297 |
| Phoenix Union High School Dist. No. 210, Improvement Bonds (Project of 2023), Series 2025-B, 5.00% 7/1/2029  | 475 | 516 |
| City of Phoenix Civic Improvement Corp., Airport Rev. Ref. Bonds, Series 2017-D, 5.00% 7/1/2032  | 2000 | 2063 |
| City of Phoenix Civic Improvement Corp., Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 7/1/2028  | 1000 | 1012 |
|  |  | 14498 |
| **Arkansas 0.26%** | **Arkansas 0.26%** | **Arkansas 0.26%** |
| Dev. Fin. Auth., Industrial Dev. Rev. Bonds (Big River Steel Project), Series 2019, AMT, 4.50% 9/1/2049 <sup>(a)</sup>  | 2055 | 1998 |
| Dev. Fin. Auth., Resource Recovery Rev. Bonds (Weyerhaeuser Co. Project), Series 2025, AMT, 3.875% 10/15/2067 (put <br> 10/15/2032)  | 480 | 481 |
|  |  | 2479 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **212** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California 13.52%** | **California 13.52%** | **California 13.52%** |
| Alvord Unified School Dist., GO Bonds, 2007 Election, CAB, Series 2011-B, AGI, 0% 8/1/2036  | USD<br> 1,000<br>| $676 |
| Antelope Valley Community College Dist., GO Bonds, 2016 Election, Series 2017, 4.00% 8/1/2046  | 6850 | 6958 |
| Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Windemere Ranch Infrastructure <br> Fncg. Program), Series 2014-A, 5.00% 9/2/2027  | 295 | 296 |
| City of Chula Vista, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, AGI, 5.00% <br> 10/1/2028  | 570 | 581 |
| Clovis Unified School Dist., GO Bonds, CAB, 2001 Election, Series 2002-B, NATL, 0% 8/1/2027  | 1000 | 959 |
| Colton Joint Unified School Dist., GO Bonds, CAB, 2024 Election, Series 2025, BAM, 0% 8/1/2033  | 625 | 492 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1, 4.00% 2/1/2052 (put <br> 8/1/2031)  | 2000 | 2029 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-A, 4.00% 10/1/2052 (put <br> 12/1/2027)  | 1000 | 1010 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-E-1, 5.00% 2/1/2054 (put <br> 3/1/2031)  | 4000 | 4258 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-A, 5.00% 5/1/2054 (put <br> 4/1/2032)  | 3000 | 3217 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-G, 5.25% 11/1/2054 (put <br> 4/1/2030)  | 1270 | 1350 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-E, 5.00% 2/1/2055 (put <br> 9/1/2032)  | 1500 | 1610 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-F, 5.00% 2/1/2055 (put <br> 11/1/2032)  | 1390 | 1504 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-C, 5.00% 8/1/2055 (put <br> 10/1/2032)  | 2000 | 2120 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-H, 5.00% 1/1/2056 (put <br> 8/1/2033)  | 145 | 159 |
| East County Advanced Water Purification JT Powers Auth. Green Bonds, Series 2024-A-1, 3.125% 9/1/2026  | 3000 | 3006 |
| Educational Facs. Auth., Rev. Bonds (Saint Mary's College of California), Series 2023-A, 5.25% 10/1/2030  | 400 | 422 |
| City of Fairfield, Community Facs. Dist. No. 2023-1 (One Lake Planning Area 5), Improvement Area No. 1, Special Tax <br> Bonds, Series 2024-A, 5.00% 9/1/2032  | 245 | 265 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2028  | 500 | 524 |
| Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.125% 1/15/2028 <sup>(c)</sup>  | 2000 | 2150 |
| GO Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2028  | 3000 | 3230 |
| GO Rev. Ref. Bonds, Series 2023, 5.00% 9/1/2032  | 1500 | 1740 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-1, 3.50% 11/20/2035  | 926 | 918 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036  | 467 | 448 |
| City of Inglewood, Successor Agcy. to the Redev. Agcy., Tax Allocation Bonds (Merged Redev. Project), Series 2017-A, <br> BAM, 5.00% 5/1/2028  | 1000 | 1032 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.00% 8/1/2029  | 600 | 654 |
| City of Irvine, Reassessment Dist. No. 12-1, Limited Obligation Improvement Bonds, Series 2012, 4.00% 9/2/2028  | 675 | 676 |
| Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2017-A, 5.00% 9/1/2027  | 1085 | 1119 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Green Bonds, Series <br> 2025-D, 5.00% 5/15/2030  | 400 | 450 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2021-D, AMT, 5.00% <br> 5/15/2029  | 1105 | 1179 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% <br> 5/15/2026  | 1020 | 1029 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Ref. Green Bonds, Series 2025-A, AMT, <br> 5.00% 5/15/2029  | 1190 | 1270 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-C, 5.00% 7/1/2030  | 2645 | 2880 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2032  | 825 | 902 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, 5.00% 7/1/2032  | 1000 | 1132 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2027  | 1415 | 1467 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-A, 5.00% 1/1/2030  | 1405 | 1512 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-C, 5.00% 7/1/2030  | 1950 | 2143 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-B, 5.00% 7/1/2033  | 405 | 463 |
| City of Los Angeles, Harbor Dept., Rev. Ref. Bonds, Series 2024-A-1, AMT, 5.00% 8/1/2027  | 375 | 387 |
| Los Angeles County Dev. Auth. Multi Family Housing Rev. Bonds (Century and Restorative Care Village Phase I), Series <br> 2025-C, 3.35% 9/1/2059 (put 9/1/2028)  | 2810 | 2843 |
| Madera Unified School Dist., GO Bonds, CAB, 2006 Election, Series 2007, NATL, 0% 8/1/2028  | 1000 | 928 |
| Manteca Unified School Dist., GO Bonds, CAB, 2004 Election, Series 2006, NATL, 0% 8/1/2031  | 685 | 589 |
| Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2024-B-3, 5.00% 7/1/2037 (put <br> 7/1/2031)  | 2000 | 2217 |

---

---

| | |
|:---|:---|
| **213** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| Monrovia Unified School Dist., GO Bonds, CAB, 2006 Election, Series 2009-B, AGI, 0% 8/1/2029  | USD<br> 1,000<br>| $909 |
| Monrovia Unified School Dist., GO Bonds, CAB, 1997 Election, Series 2000-B, 0% 8/1/2031  | 1295 | 1108 |
| Mt. Diablo Unified School Dist., GO Rev. Ref. Bonds, Series 2025, 5.00% 8/1/2029  | 450 | 496 |
| Municipal Fin. Auth., Community Facs. Dist. No. 2023-11 (City of Hesperia - Silverwood), Special Tax Bonds, Series <br> 2024, 4.50% 9/1/2034  | 200 | 208 |
| Municipal Fin. Auth., Multi Family Housing Rev. Bonds (Palmdale Family Apartments), Series 2025-A-1, 2.95% 1/1/2056 <br> (put 1/1/2028)  | 1590 | 1590 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2029  | 500 | 503 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2031  | 100 | 101 |
| Municipal Fin. Auth., Senior Living Rev. Bonds (Mt. San Antonio Gardens Project), Series 2022-A, 4.00% 11/15/2030  | 130 | 131 |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2022-A, AMT, 4.125% <br> 10/1/2041 (put 10/2/2028)  | 630 | 632 |
| Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Davis II, LLC - West Village Student Housing Project), Series <br> 2018, 5.00% 5/15/2029  | 1000 | 1054 |
| County of Orange, Community Facs. Dist. No. 2023-1 (Rienda Phase 2B), Special Tax Bonds, Series 2023-A, 5.00% <br> 8/15/2027  | 145 | 150 |
| County of Orange, Community Facs. Dist. No. 2023-1 (Rienda Phase 2B), Special Tax Bonds, Series 2023-A, 5.00% <br> 8/15/2028  | 190 | 200 |
| Pollution Control Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2001-A, AMT, <br> 4.20% 7/1/2031 (put 7/2/2029)  | 500 | 507 |
| Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2025-C, 5.00% 11/1/2028  | 1120 | 1203 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2021-A, 5.00% 2/1/2029  | 2835 | 3064 |
| County of Riverside, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and <br> Interstate 215 Corridor Projects), Series 2015-A, AGI, 5.00% 10/1/2026  | 1235 | 1236 |
| City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, 5.00% <br> 9/1/2028  | 735 | 738 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2026  | 65 | 66 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2027  | 150 | 154 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2028  | 195 | 203 |
| City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax Bonds, <br> Series 2024, 5.00% 9/1/2029  | 245 | 258 |
| City of San Diego, Housing Auth., Multi Family Housing Rev. Bonds, Series 2023-B, 5.00% 5/1/2057 (put 11/1/2026)  | 1155 | 1170 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Bonds, Series <br> 2025-A-2, AMT, 5.00% 5/1/2029  | 1000 | 1066 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Bonds, Series 2019-E, <br> AMT, 4.00% 5/1/2050 (preref. 5/1/2029)  | 1920 | 1953 |
| City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, Series <br> 2023-C, AMT, 5.00% 5/1/2033  | 1235 | 1389 |
| San Mateo Community College Dist., GO Bonds, CAB, 2005 Election, Series 2006-B, NATL, 0% 9/1/2031  | 2500 | 2147 |
| San Mateo Union High School Dist., GO Rev. Ref. Bonds, Series 2026, 5.00% 9/1/2030  | 1000 | 1106 |
| Santa Ana Unified School Dist., GO Bonds, CAB, 1999 Election, Series 2002-B, NATL, 0% 8/1/2030  | 435 | 382 |
| Southern California Public Power Auth., Clean Energy Project Rev. Bonds, Series 2024-A, 5.00% 4/1/2055 (put <br> 9/1/2030)  | 1910 | 2030 |
| Southern California Public Power Auth., Rev. Ref. Bonds (Canyon Power Project), Series 2025-B, 3.70% 7/1/2040 (put <br> 7/1/2027)  | 1560 | 1563 |
| Southern California Public Power Auth., Rev. Ref. Green Bonds (Milford Wind Corridor Phase II Project), Series 2021-1, <br> 5.00% 7/1/2031  | 655 | 735 |
| Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Vintage at Folsom), Series 2024-E-2, 5.00% <br> 10/1/2028 (put 10/1/2027)  | 90 | 93 |
| Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Foundation Hospitals), Series 2025-A, 5.00% 10/1/2028 <sup>(a)</sup>  | 3300 | 3551 |
| Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Foundation Hospitals), Series 2025-B, 5.00% 10/1/2032 <sup>(a)</sup>  | 2000 | 2300 |
| Statewide Communities Dev. Auth., Taxable Statewide Community Infrastructure Program Rev. Bonds, Series 2024-B-1, <br> 5.00% 9/2/2029  | 425 | 451 |
| Statewide Communities Dev. Auth., Taxable Statewide Community Infrastructure Program Rev. Bonds, Series 2024-B-1, <br> 5.00% 9/2/2030  | 450 | 483 |
| Tejon Ranch Public Facs. Fncg. Auth., Community Facs. Dist. No. 2008-1, Special Tax Rev. Ref. Bonds (Tejon Ranch <br> Industrial Complex Public Improvements - East), Series 2024-A, 5.00% 9/1/2030  | 1410 | 1517 |
| Tulare Joint Union High School Dist., GO Bonds, CAB, 2004 Election, Series 2004-A, NATL, 0% 8/1/2026  | 500 | 492 |
| Ukiah Unified School Dist., GO Bonds, CAB, 2005 Election, Series 2006, NATL, 0% 8/1/2028  | 1250 | 1164 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CD, 5.00% 5/15/2030  | 7450 | 8309 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **214** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| Various Purpose GO Bonds, Series 2025, 5.00% 3/1/2028  | USD<br> 1,135<br>| $1200 |
| Various Purpose GO Bonds, Series 2025, 5.00% 8/1/2031  | 4000 | 4556 |
| Various Purpose GO Rev. Ref. Bonds, Series 2021, 5.00% 10/1/2029  | 2000 | 2197 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 3/1/2030  | 750 | 830 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 8/1/2030  | 1045 | 1167 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 8/1/2033  | 3165 | 3721 |
| West Contra Costa Unified School Dist., GO Bonds, 2020 Election, Series 2024-B, 5.00% 8/1/2026  | 2605 | 2646 |
| Western Riverside Water and Wastewater Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2016-A, 5.00% 9/1/2030  | 1035 | 1052 |
| Wright Elementary School Dist., GO Bonds, Series 2003-A, NATL, CAB, 0% 8/1/2028  | 435 | 402 |
|  |  | 128977 |
| **Colorado 2.87%** | **Colorado 2.87%** | **Colorado 2.87%** |
| Adams County School Dist. No. 14, GO Bonds, Series 2025, 5.00% 12/1/2032  | 1715 | 1970 |
| County of Adams, The Village at Dry Creek Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Bonds, Series <br> 2019, 4.375% 12/1/2044  | 425 | 418 |
| City of Aurora, Velocity Metropolitan Dist. No. 3, Limited Tax GO Bonds, Series 2019, 5.125% 12/1/2034  | 745 | 745 |
| City and County of Broomfield, Baseline Metropolitan Dist. No. 1, Special Rev. Ref. and Improvement Bonds, Series <br> 2024-A, AGI, 5.00% 12/1/2028  | 400 | 425 |
| Canyons Metropolitan Dist. No. 5, Limited Tax GO and Special Rev. Ref. and Improvement Bonds, Series 2024-A, BAM, <br> 5.00% 12/1/2030  | 205 | 224 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2030  | 1285 | 1286 |
| City and County of Denver, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2029  | 1000 | 1054 |
| County of Eagle, The Village Metropolitan Dist., Special Rev. and Limited Property Tax Rev. Ref. and Improvement <br> Bonds, Series 2020, 4.15% 12/1/2030  | 935 | 935 |
| County of Elbert, Independence Water and Sanitation Dist., Special Rev. Ref. and Improvement Bonds, Series 2024, <br> 5.125% 12/1/2033  | 840 | 871 |
| Health Facs. Auth., Health Facs. Rev. and Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series <br> 2017, 5.00% 6/1/2026 (escrowed to maturity)  | 400 | 404 |
| Health Facs. Auth., Health Facs. Rev. and Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series <br> 2017, 5.00% 6/1/2047 (preref. 6/1/2027)  | 1000 | 1034 |
| Health Facs. Auth., Hospital Rev. Bonds (Parkview Medical Center, Inc. Project), Series 2016, 5.00% 9/1/2046 (preref. <br> 9/1/2026)  | 120 | 122 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2025-A, 5.00% 9/1/2032  | 2835 | 3169 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2029  | 1000 | 1060 |
| Health Facs. Auth., Rev. Bonds (Intermountain Healthcare), Series 2022-D, 3.87% 5/15/2061 (put 8/17/2026) <sup>(b)</sup>  | 3500 | 3499 |
| Health Facs. Auth., Rev. Ref. Bonds (Christian Living Neighborhoods Project), Series 2016, 5.00% 1/1/2031  | 500 | 500 |
| Health Facs. Auth., Rev. Ref. Bonds (Intermountain Health), Series 2024-A, 5.00% 5/15/2033  | 2000 | 2258 |
| Housing and Fin. Auth., Multi Family Housing Rev. Bonds, (Fitzsimons Gateway Apartment Project), Series 2024-B, <br> 3.18% 9/1/2028 (put 9/1/2027)  | 1160 | 1167 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2019-K, Class I, 3.875% 5/1/2050  | 1260 | 1264 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-L, Class I, 3.25% 11/1/2051  | 1600 | 1585 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2023-O, Class III, 6.50% 5/1/2054  | 1035 | 1152 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-J, Class III, 6.25% 5/1/2055  | 1500 | 1686 |
| Town of Johnstown, Thompson Crossing Metropolitan Dist. No. 4, Limited Tax GO Rev. Ref. and Improvement Bonds <br> (Convertible to Unlimited Tax), Series 2019, 3.50% 12/1/2029  | 518 | 510 |
|  |  | 27338 |
| **Connecticut 0.58%** | **Connecticut 0.58%** | **Connecticut 0.58%** |
| GO Bonds, Series 2019-A, 5.00% 4/15/2026  | 200 | 201 |
| GO Bonds, Series 2022-A, 4.00% 1/15/2027  | 1000 | 1016 |
| Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 7/1/2035  | 1075 | 1081 |
| Health and Educational Facs. Auth., Rev. Bonds (Yale University Issue), Series 2014-A, 2.80% 7/1/2048 (put 2/10/2026)  | 1845 | 1845 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2024-B, AMT, 4.125% <br> 11/15/2040  | 485 | 480 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2019-B-1, 4.00% 5/15/2049  | 485 | 490 |
| City of Stamford, Harbor Point Infrastructure Improvement Dist., Special Obligation Rev. Ref. Bonds (Harbor Point <br> Project), Series 2017, 5.00% 4/1/2030 <sup>(a)</sup>  | 400 | 405 |
|  |  | 5518 |

---

---

| | |
|:---|:---|
| **215** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Delaware 0.31%** | **Delaware 0.31%** | **Delaware 0.31%** |
| Housing Auth., Single Family Mortgage Rev. Bonds, Series 2024-A, 5.75% 1/1/2055  | USD<br> 2,705<br>| $2950 |
| **District of Columbia 1.76%** | **District of Columbia 1.76%** | **District of Columbia 1.76%** |
| Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (Belmont Crossing Phase II), Series 2025, 5.00% <br> 3/1/2029 (put 2/1/2028)  | 315 | 327 |
| Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (The Edmonson), Series 2024, 5.00% 12/1/2028 <br> (put 12/1/2027)  | 2405 | 2496 |
| Housing Fin. Agcy., Multi Family Rev. Bonds, Series 2025-B, 3.15% 2/1/2030 (put 2/1/2029)  | 735 | 737 |
| Income Tax Secured Rev. Ref. Bonds, Series 2019-C, 5.00% 10/1/2026  | 2710 | 2762 |
| Income Tax Secured Rev. Ref. Bonds, Series 2020-B, 5.00% 10/1/2027  | 1205 | 1259 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2030  | 1000 | 1106 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2019-A, AMT, 5.00% <br> 10/1/2028  | 1000 | 1058 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-B, AMT, 5.00% 10/1/2027  | 2000 | 2073 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% 10/1/2029  | 1485 | 1595 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2022-A, AMT, 5.00% 10/1/2029  | 1570 | 1686 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2033  | 375 | 423 |
| Washington Convention and Sports Auth., Dedicated Tax Rev. Ref. Bonds, Series 2018-A, 5.00% 10/1/2028  | 1250 | 1301 |
|  |  | 16823 |
| **Florida 6.22%** | **Florida 6.22%** | **Florida 6.22%** |
| County of Alachua, Health Facs. Auth., Continuing Care Retirement Community Rev. Bonds (Oak Hammock at the <br> University of Florida, Inc. Project), Series 2025-B-2, 3.75% 10/1/2030  | 235 | 235 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2029  | 420 | 433 |
| Babcock Ranch Community Independent Special Dist., Special Assessment Rev. Bonds, Series 2022, 4.125% 5/1/2027  | 640 | 641 |
| County of Brevard, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Emerald Place Apartments), Series 2025, <br> 3.30% 2/1/2028 (put 2/1/2027)  | 565 | 567 |
| County of Broward, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Tequesta Reserve), Series 2024, 3.15% <br> 3/1/2028 (put 3/1/2027)  | 2885 | 2887 |
| County of Broward, Port Facs. Rev. Ref. Bonds, Series 2019-D, AMT, 5.00% 9/1/2026  | 1000 | 1012 |
| Capital Trust Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (UF Health Projects), Series 2025-A, 5.00% 12/1/2032  | 1660 | 1861 |
| Central Florida Expressway Auth., Rev. Ref. Bonds, Series 2016-B, 4.00% 7/1/2035 (preref. 7/1/2026)  | 3630 | 3657 |
| Counties of Charlotte and Lee, Babcock Ranch Community Independent Special Dist., Special Assessment Rev. Bonds, <br> Series 2024, 4.30% 5/1/2031 <sup>(a)</sup>  | 160 | 162 |
| County of Collier, Ave Maria Stewardship Community Dist., Capital Improvement Rev. Bonds (Phase 5 Master <br> Improvements Project), Series 2025, 4.00% 5/1/2030  | 470 | 470 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (GFL Solid Waste Southeast LLC Project), Series 2024-A, AMT, 4.375% <br> 10/1/2054 (put 10/1/2031) <sup>(a)</sup>  | 2185 | 2212 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2019, AMT, 5.00% 5/1/2029 <sup>(a)</sup>  | 750 | 757 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023, AMT, 6.125% 7/1/2032 <br> (put 7/1/2026) <sup>(a)</sup>  | 2640 | 2652 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2025, AMT, 4.45% 7/1/2037 (put <br> 4/2/2030) <sup>(a)</sup>  | 250 | 252 |
| Board of Education, Public Education Capital Outlay Rev. Ref. Bonds, Series 2024-A, 5.00% 6/1/2034  | 570 | 672 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 3.30% 5/1/2029  | 490 | 487 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2019-A-2, 3.30% 5/1/2029  | 500 | 497 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2019-A-2, 3.30% 5/1/2029  | 245 | 243 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2030  | 615 | 655 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2022-A, AMT, 5.00% 10/1/2028  | 1500 | 1584 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-2, 4.25% 1/1/2050  | 1875 | 1884 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2019-1, 4.00% 7/1/2050  | 870 | 874 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2020-1, 3.50% 7/1/2051  | 1535 | 1531 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2021-1, 3.00% 1/1/2052  | 1540 | 1523 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-5, 6.25% 1/1/2055  | 240 | 263 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2025-1, 6.25% 1/1/2056  | 2030 | 2245 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Magnolia Trail), Series 2025-Z, 3.15% 7/1/2043 (put 1/1/2029)  | 1625 | 1628 |
| Housing Fin. Corp., Multi Family Mortgage Housing Rev. Bonds (Arbours at Emerald Springs), Series 2025-L, 3.15% <br> 12/1/2028 (put 12/1/2027)  | 295 | 296 |
| Housing Fin. Corp., Multi Family Mortgage Rev. Bonds (Mariposa Grove), Series 2025-R, 3.15% 1/1/2044 (put <br> 1/1/2029)  | 3110 | 3115 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **216** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| Housing Fin. Corp., Multi Family Mortgage Rev. Bonds (Southward Village CNI Phase 2), Series 2025-T, 3.20% <br> 12/1/2044 (put 12/1/2028)  | USD<br> 695<br>| $697 |
| Housing Fin. Corp., Multi Family Mortgage Rev. Bonds (URICK Street Apartments), Series 2025-P-2, 3.20% 7/1/2029 <br> (put 7/1/2028)  | 2525 | 2530 |
| Jacksonville Housing Fin. Auth., Multi Family Housing Rev. Bonds (Village At Lake Forest), Series 2025, 3.15% 1/1/2046 <br> (put 7/1/2029)  | 1830 | 1835 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Del Webb Project), Series 2017, 4.30% <br>5/1/2027 <sup>(a)</sup>  | 220 | 221 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Phase 4 Project), Series 2019, 3.80% <br> 5/1/2049  | 180 | 180 |
| Local Government Fin. Commission, Senior Living Rev. Bonds (Fleet Landing at Nocatee Project), Series 2025B-1, <br> 4.20% 11/15/2030 <sup>(a)</sup>  | 340 | 342 |
| County of Manatee, Heritage Harbour North Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series <br> 2017-A-1, 5.00% 5/1/2026  | 810 | 815 |
| City of Miami, Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Infrastructure Project), <br> Series 2014-B, 5.00% 5/1/2029  | 410 | 410 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2027  | 950 | 983 |
| County of Miami-Dade, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Residences At Palm Court), Series <br> 2025-B, 2.95% 9/1/2029 (put 9/1/2028)  | 1210 | 1206 |
| County of Miami-Dade, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. of Florida <br> Project), Series 2011, AMT, 3.45% 11/1/2041 (put 11/2/2026)  | 510 | 511 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 3.75% <br> 5/1/2031  | 500 | 501 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2027  | 1190 | 1216 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2028  | 940 | 978 |
| City of North Port, West Villages Improvement Dist., Special Assessment Rev. Bonds (Unit of Dev. No. 8), Series 2021, <br> 3.125% 5/1/2031  | 525 | 497 |
| County of Orange, Health Facs. Auth., Health Care Facs. Rev. Bonds (Presbyterian Retirement Communities Project), <br> Series 2015, 5.00% 8/1/2028  | 1000 | 1001 |
| County of Orange, Health Facs. Auth., Hospital Rev. Ref. Bonds (Orlando Health Obligated Group), Series 2016-A, <br> 5.00% 10/1/2033  | 1240 | 1257 |
| County of Pinellas, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Indigo Apartments), Series 2025, 3.40% <br> 7/1/2028 (put 7/1/2027)  | 1420 | 1429 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 3.125% 9/1/2028  | 100 | 99 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 3.25% 9/1/2030  | 200 | 198 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-B, <br> 3.00% 5/1/2032  | 1535 | 1457 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-C, <br> 3.20% 5/1/2032  | 1480 | 1402 |
| Talavera Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 3.85% 5/1/2030  | 540 | 535 |
| Dept. of Transportation, Right-of-Way Acquisition and Bridge Construction Bonds, Series 2021-B, 5.00% 7/1/2026  | 905 | 916 |
| Village Community Dev. Dist. No. 16, Special Assessment Rev. Bonds, Series 2025, 3.55% 5/1/2030  | 1000 | 1004 |
| City of Wildwood, Village Community Dev. Dist. No. 12, Special Assessment Rev. Bonds, Series 2018, 3.80% 5/1/2028  | 1100 | 1106 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2021, 1.80% 5/1/2026  | 200 | 199 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 3.75% <br>5/1/2029 <sup>(a)</sup>  | 275 | 277 |
| Windward at Lakewood Ranch Community Dev. Dist., Capital Improvement Rev. Bonds (Phase 2 Project), Series 2022, <br> 3.25% 5/1/2027  | 225 | 222 |
|  |  | 59319 |
| **Georgia 1.81%** | **Georgia 1.81%** | **Georgia 1.81%** |
| City of Atlanta, Airport General Rev. Green Bonds, Series 2025-B, AMT, 5.00% 7/1/2033  | 1500 | 1686 |
| City of Atlanta, Urban Residential Fin. Auth., Multi Family Housing Rev. Bonds (Auburn Square), Series 2025-B, 3.15% <br> 2/1/2030 (put 2/1/2029)  | 1675 | 1678 |
| City of Atlanta, Urban Residential Fin. Auth., Multi Family Housing Rev. Bonds (Martin House), Series 2025, 3.20% <br> 5/1/2029 (put 5/1/2028)  | 810 | 811 |
| City of Atlanta, Urban Residential Fin. Auth., Multi Family Rev. Bonds (North Block), Series 2025, 3.40% 2/1/2029 (put <br> 2/1/2028)  | 250 | 252 |
| County of Burke, Dev. Auth., Pollution Control Rev. Bonds (Georgia Power Co. Plant Vogtle Project), Series 1994-5, <br> 3.70% 10/1/2032 (put 6/13/2028)  | 455 | 462 |
| City of Columbus, Housing Auth., Multi Family Housing Rev. Bonds (HACG RAD II Project), Series 2025, 3.30% <br> 11/1/2028 (put 11/1/2027)  | 290 | 292 |

---

---

| | |
|:---|:---|
| **217** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Georgia (continued)** | **Georgia (continued)** | **Georgia (continued)** |
| City of Decatur, Housing Auth., Multi Family Housing Rev. Bonds (Philips Tower Project), Series 2025, 3.25% 9/1/2028 <br> (put 9/1/2027)  | USD<br> 145<br>| $145 |
| County of Douglas, Housing Auth., Multi Family Housing Rev. Bonds (Astoria At Crystal Lake Project), Series 2024-B, <br> 5.00% 10/1/2028 (put 10/1/2027)  | 580 | 599 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2028  | 325 | 342 |
| Geo. L. Smith II Georgia World Congress Center Auth., Convention Center Hotel First Tier Rev. Bonds, Series 2021-A, <br> 2.375% 1/1/2031  | 500 | 470 |
| GO Bonds, Series 2023-C, 4.00% 1/1/2026  | 300 | 300 |
| City of Homerville, Housing Auth. Multi Family Housing Rev. Bonds, Series 2024, 3.45% 1/1/2028 (put 1/1/2027)  | 300 | 301 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-G, 6.25% 12/1/2055  | 500 | 566 |
| City of Lawrenceville, Housing Auth., Multi Family Housing Rev. Bonds (Applewood Towers Project), Series 2024-B, <br> 5.00% 10/1/2028 (put 10/1/2027)  | 948 | 981 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 7/1/2052 (put 9/1/2027)  | 1500 | 1515 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-B, 5.00% 7/1/2053 (put 3/1/2030)  | 1000 | 1056 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-B, 5.00% 12/1/2054 (put 3/1/2032)  | 335 | 359 |
| Municipal Electric Auth., General Resolution Projects Bonds, Series 2024-A, 5.00% 1/1/2026  | 500 | 500 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project J Bonds, Series 2023-A, AGI, 5.00% 7/1/2027  | 350 | 363 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project M Bonds, Series 2019-A, 5.00% 1/1/2029  | 1390 | 1462 |
| Municipal Electric Auth., Project One Bonds, Series 2019-A, 5.00% 1/1/2028  | 1270 | 1328 |
| Municipal Electric Auth., Project One Bonds, Series 2019-A, 5.00% 1/1/2029  | 1655 | 1765 |
|  |  | 17233 |
| **Guam 0.16%** | **Guam 0.16%** | **Guam 0.16%** |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2030  | 1000 | 1074 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.00% 1/1/2032  | 285 | 313 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.00% 1/1/2033  | 155 | 172 |
|  |  | 1559 |
| **Hawaii 0.38%** | **Hawaii 0.38%** | **Hawaii 0.38%** |
| City and County of Honolulu, GO Bonds, Series 2023-A, 5.00% 7/1/2026  | 1000 | 1012 |
| City and County of Honolulu, GO Bonds, Series 2023-B, 5.00% 7/1/2026  | 1260 | 1276 |
| City and County of Honolulu, GO Bonds, Series 2017-A, 5.00% 9/1/2026  | 1050 | 1067 |
| City and County of Honolulu, Multifamily Housing Rev. Bonds (Maunakea Tower Apartments), Series 2023, 5.00% <br> 6/1/2027 (put 6/1/2026)  | 225 | 227 |
|  |  | 3582 |
| **Idaho 0.02%** | **Idaho 0.02%** | **Idaho 0.02%** |
| Health Facs. Auth., Rev. Bonds (St. Luke's Health System Project), Series 2018-A, 5.00% 3/1/2037  | 205 | 215 |
| **Illinois 5.12%** | **Illinois 5.12%** | **Illinois 5.12%** |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 5.50% 12/1/2031  | 1000 | 1054 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C, AGI, 5.00% <br> 12/1/2027  | 350 | 361 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, AGI, 5.00% <br> 12/1/2028  | 750 | 786 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, AGI, 5.00% <br> 12/1/2030  | 150 | 157 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2025-C, 5.50% <br> 12/1/2032  | 470 | 497 |
| City of Chicago, GO Bonds (City Colleges of Chicago Capital Improvement Project), CAB, Series 1999, NATL, 0% <br> 1/1/2026 (escrowed to maturity)  | 500 | 500 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2026  | 1025 | 1025 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2027  | 1000 | 1012 |
| City of Chicago, Multi Family Housing Rev. Bonds (Sacred Apartments), Series 2025-B, 3.40% 6/1/2029 (put 6/1/2028)  | 3000 | 3029 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Ref. Bonds, Series 2016, 5.00% 1/1/2026  | 870 | 870 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017, 5.00% 11/1/2028  | 2000 | 2081 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017-2, AGI, 5.00% 11/1/2031  | 1000 | 1036 |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2025-A, 5.00% 7/1/2030  | 295 | 313 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **218** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2025-A, 5.00% 7/1/2032  | USD<br> 190<br>| $204 |
| Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), Series <br> 2025-A, 4.25% 7/1/2041  | 135 | 137 |
| Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2015-B, 5.00% 5/1/2027  | 225 | 225 |
| Fin. Auth., Rev. Bonds (Ascension Health Alliance), Series 2016-C, 5.00% 2/15/2041 (preref. 2/15/2027)  | 230 | 236 |
| Fin. Auth., Rev. Bonds (Edward-Elmhurst Healthcare), Series 2017-A, 5.00% 1/1/2030 (preref. 1/1/2027)  | 545 | 558 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 11/1/2029  | 540 | 547 |
| Fin. Auth., Rev. Bonds (Rush University For Health), Series 2025-A, 5.00% 11/15/2030  | 2500 | 2697 |
| Fin. Auth., Rev. Bonds (The Moorings of Arlington Heights), Series 2025-B-2, 3.65% 5/1/2031  | 2230 | 2232 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-C, 5.00% 7/1/2028  | 300 | 319 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-C, 5.00% 7/1/2030  | 465 | 514 |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2027  | 485 | 484 |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2029  | 515 | 514 |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2030  | 400 | 399 |
| Fin. Auth., Rev. Ref. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-B, 5.00% 7/1/2030  | 750 | 830 |
| GO Bonds, Series 2024-B, 5.00% 5/1/2026  | 310 | 312 |
| GO Bonds, Series 2016, 5.00% 6/1/2026  | 2970 | 2997 |
| GO Bonds, Series 2025-C, 5.25% 9/1/2032  | 4000 | 4525 |
| Housing Dev. Auth., Homeowner Mortgage Rev. Bonds, Series 2018-A-1, 4.00% 8/1/2048  | 920 | 924 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (Lakeside Tower), Series 2025-B, 3.15% 8/1/2029 (put 8/1/2028)  | 305 | 305 |
| Housing Dev. Auth., Multi Family Rev. Green Bonds, Series 2024-C-2, FHA, 3.60% 8/1/2032 (put 8/1/2028)  | 1900 | 1921 |
| Housing Dev. Auth., Rev. Bonds, Series 2021-D, 3.00% 10/1/2051  | 2200 | 2167 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-I, 6.00% 10/1/2055  | 990 | 1100 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 6/15/2031  | 635 | 532 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, 0% <br> 12/15/2032  | 500 | 396 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 4.00% <br> 12/15/2026  | 1530 | 1544 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2023-A, 5.00% <br> 12/15/2027  | 605 | 627 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> AGI, 0% 6/15/2027  | 665 | 636 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 1994, NATL, <br> 0% 6/15/2029  | 40 | 36 |
| Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2017, 5.00% 6/1/2027 (preref. 6/1/2026)  | 3075 | 3105 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-A, 5.00% 1/1/2034  | 1000 | 1100 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2019-B, 5.00% 1/1/2026  | 3000 | 3000 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 1/1/2027  | 975 | 986 |
|  |  | 48830 |
| **Indiana 0.85%** | **Indiana 0.85%** | **Indiana 0.85%** |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-D-1, 5.00% 10/1/2064 (put 10/1/2029)  | 1550 | 1656 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 4.25% 11/1/2030  | 1000 | 1028 |
| Fin. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2025-A-1, 5.00% 11/15/2028  | 835 | 889 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2027  | 1050 | 1073 |
| Fin. Auth., Rev. Ref. Bonds (Greencroft Obligated Group), Series 2023-A, 4.00% 11/15/2026  | 1000 | 1002 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2019-E, 5.00% 2/1/2030  | 840 | 901 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 5.00% <br> 6/1/2030  | 1040 | 1096 |
| Indiana Secondary Market for Education Loans, Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 4.00% <br> 6/1/2046  | 275 | 267 |
| City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 4.50% 1/1/2034 <sup>(a)</sup>  | 145 | 148 |
|  |  | 8060 |
| **Iowa 1.30%** | **Iowa 1.30%** | **Iowa 1.30%** |
| Fin. Auth., Single Family Mortgage Bonds, Series 2022-A, 3.00% 1/1/2052  | 190 | 187 |
| Fin. Auth., Single Family Mortgage Bonds (Mortgage-Backed Securities Program), Series 2019-A, 4.00% 7/1/2047  | 535 | 540 |
| Fin. Auth., Single Family Mortgage Bonds (Mortgage-Backed Securities Program), Series 2019-D, 3.50% 1/1/2049  | 880 | 877 |
| PEFA, Inc., Gas Project Rev. Bonds, Series 2019, 5.00% 9/1/2049 (put 9/1/2026)  | 9000 | 9082 |

---

---

| | |
|:---|:---|
| **219** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Iowa (continued)** | **Iowa (continued)** | **Iowa (continued)** |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2027  | USD<br> 580<br>| $597 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2025-B, AMT, 5.00% 12/1/2030  | 280 | 298 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2025-B, AMT, 5.00% 12/1/2031  | 275 | 295 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2025-B, AMT, 4.50% 12/1/2045  | 510 | 526 |
|  |  | 12402 |
| **Kansas 0.22%** | **Kansas 0.22%** | **Kansas 0.22%** |
| Dev. Fin. Auth., Multi Family Rev. Bonds (Seasons), Series 2025-F, 2.95% 9/1/2059 (put 9/1/2027)  | 1000 | 998 |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2021-A, 4.00% 6/1/2026  | 315 | 315 |
| City of Wichita, Multi Family Housing Rev. Bonds (Market Centre Apartments), Series 2025-4, 3.15% 2/1/2030 (put <br> 2/1/2029)  | 820 | 822 |
|  |  | 2135 |
| **Kentucky 3.01%** | **Kentucky 3.01%** | **Kentucky 3.01%** |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 3.70% 1/1/2032 <sup>(a)</sup>  | 1000 | 1000 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 5.00% 6/1/2033  | 700 | 741 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 4.75% 6/1/2040  | 1180 | 1210 |
| Housing Corp., Multi Family Housing Rev. Bonds (Beecher Terrace Phase IV Project), Series 2023, 5.00% 9/1/2043 (put <br> 9/1/2026)  | 1790 | 1796 |
| Housing Corp., Multi Family Housing Rev. Bonds (Winterwood III Rural Housing Portfolio), Series 2024, 3.50% 7/1/2028 <br> (put 7/1/2027)  | 1000 | 1006 |
| Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, <br> 5.00% 10/1/2033  | 1025 | 1038 |
| Louisville/Jefferson Metro County Government, Pollution Control Rev. Bonds (Louisville Gas and Electric Co. Project), <br> Series 2003-A, 2.00% 10/1/2033  | 530 | 463 |
| County of Owen, Water Facs. Rev. Ref. Bonds (Kentucky - American Water Co. Project), Series 2020, 3.875% 6/1/2040 <br> (put 9/1/2028)  | 2500 | 2553 |
| City of Paducah, Electric Plant Board, Rev. Ref. Bonds, Series 2016-A, AGI, 5.00% 10/1/2027  | 2000 | 2032 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2019-C-1, 4.00% 2/1/2050 (put 2/1/2028)  | 1000 | 1013 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2022-A-1, 4.00% 8/1/2052 (put 8/1/2030)  | 4070 | 4111 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2024-A-1, 5.00% 5/1/2055 (put 7/1/2030)  | 3000 | 3154 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2025-A, 5.25% 6/1/2055 (put 12/1/2029)  | 5540 | 5863 |
| Sate Property and Buildings Commission, Rev. Bonds (Project No. 112), Series 2016-A, 5.00% 2/1/2028  | 700 | 701 |
| County of Trimble, Pollution Control Rev. Ref. Bonds (Louisville Gas and Electric Co. Project), Series 2016-A, AMT, <br> 1.30% 9/1/2044 (put 9/1/2027)  | 1000 | 953 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2022-A, 5.00% 7/1/2031  | 1000 | 1122 |
|  |  | 28756 |
| **Louisiana 0.78%** | **Louisiana 0.78%** | **Louisiana 0.78%** |
| Housing Corp., Multi Family Housing Rev. Bonds (BW Cooper Senior Project), Series 2025, 3.20% 8/1/2029 (put <br> 8/1/2028)  | 625 | 626 |
| Housing Corp., Multi Family Housing Rev. Bonds (Capstone at Covington Place Project), Series 2025, 3.10% 5/1/2043 <br> (put 5/1/2028)  | 1145 | 1147 |
| Housing Corp., Multi Family Housing Rev. Bonds (NSA East Bank Apartments Project), Series 2025, 3.15% 4/1/2030 <br> (put 4/1/2029)  | 2630 | 2637 |
| Housing Corp., Single Family Mortgage Rev. Bonds (Home Ownership Program), Series 2023-A, 5.75% 6/1/2054  | 1850 | 2001 |
| Public Facs. Auth., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023-R-2, AMT, 6.50% <br> 10/1/2053 (put 10/1/2028) <sup>(a)</sup>  | 500 | 525 |
| Parish of St. James, Rev. Bonds (NuStar Logistics, LP Project), Series 2011, 3.70% 8/1/2041 (put 6/1/2030)  | 450 | 456 |
|  |  | 7392 |
| **Maine 0.16%** | **Maine 0.16%** | **Maine 0.16%** |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2015-R-3, AMT, 5.00% <br> 8/1/2035 <sup>(a)</sup>  | 115 | 119 |
| Fin. Auth., Student Loan Rev. Bonds (Supplemental Education Loan Program), Series 2025-A-1, AMT, AGI, 5.00% <br> 12/1/2036  | 1280 | 1378 |
|  |  | 1497 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **220** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Maryland 0.89%** | **Maryland 0.89%** | **Maryland 0.89%** |
| City of Baltimore, Stadium Auth., Construction and Revitalization Program Rev. Bonds, Series 2016, 5.00% 5/1/2035 <br> (preref. 5/1/2026)  | USD<br> 125<br>| $126 |
| County of Baltimore, Rev. Bonds (Riderwood Village, Inc. Fac.), Series 2020, 4.00% 1/1/2029  | 1000 | 1025 |
| Mayor and City Council of Baltimore, Special Obligation Rev. Ref. Bonds (Harbor Point Project), Series 2019-A, 2.95% <br> 6/1/2027 <sup>(a)</sup>  | 175 | 173 |
| Mayor and City Council of Baltimore, Special Obligation Rev. Ref. Bonds (Harbor Point Project), Series 2019-A, 3.05% <br> 6/1/2028 <sup>(a)</sup>  | 190 | 187 |
| Mayor and City Council of Baltimore, Special Obligation Rev. Ref. Bonds (Harbor Point Project), Series 2019-A, 3.15% <br> 6/1/2029 <sup>(a)</sup>  | 200 | 196 |
| GO Bonds, State and Local Facs. Loan of 2024, Series 2024-A-1, 5.00% 6/1/2034  | 500 | 587 |
| GO Bonds, State and Local Facs. Loan of 2025, Series 2025-B-1, 5.00% 8/1/2029  | 3000 | 3265 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, 5.25% <br> 6/1/2029  | 500 | 522 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (The Johns Hopkins Health System Issue), Series 2025-A, 5.00% <br> 5/15/2032  | 2160 | 2442 |
|  |  | 8523 |
| **Massachusetts 1.03%** | **Massachusetts 1.03%** | **Massachusetts 1.03%** |
| Dev. Fin. Agcy., Rev. Bonds (Gingercare Living Issue), Series 2024-B-3, 4.75% 12/1/2029 <sup>(a)</sup>  | 2700 | 2701 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.25% 7/1/2032  | 455 | 464 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2022-B, AMT, 3.625% 7/1/2038  | 355 | 354 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.25% 7/1/2044  | 390 | 390 |
| Health and Educational Facs. Auth., Rev. Bonds (University of Massachusetts Issue), Series 2000-A, 2.45% 11/1/2030 <br> (put 4/1/2026)  | 900 | 898 |
| Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 223, 3.00% 6/1/2047  | 1345 | 1328 |
| School Building Auth., Sales Tax Rev. Ref. Bonds (Social Bonds), Series 2025-B, 5.00% 2/15/2033  | 1895 | 2207 |
| Dept. of Transportation Metropolitan Highway System Rev. Ref. Bonds, Series 2019-A, 5.00% 1/1/2027  | 1480 | 1517 |
|  |  | 9859 |
| **Michigan 1.93%** | **Michigan 1.93%** | **Michigan 1.93%** |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2027  | 1000 | 1022 |
| City of Grand Rapids Econ. Dev. Corp., Rev. Bonds (Beacon Hill at Eastgate Project), Series 2025-B-3, 4.125% <br> 11/1/2030  | 4000 | 4003 |
| Hospital Fin. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2010-F-6, 4.00% 11/15/2047 (preref. <br> 11/15/2026)  | 1020 | 1032 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (4401 Rosa Parks Apartments Project), Series 2025, 5.00% <br> 2/1/2028 (put 2/1/2027)  | 1060 | 1083 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (Kalamazoo Community Courtyard Project), Series 2025, 5.00% <br> 12/1/2027 (put 12/1/2026)  | 1500 | 1524 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (North Port Apartments Project), Series 2025, 5.00% 8/1/2027 <br> (put 8/1/2026)  | 2230 | 2256 |
| Housing Dev. Auth., Rental Housing Rev. Bonds, Series 2024-A, 3.70% 4/1/2030  | 30 | 30 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2017-B, 3.50% 6/1/2048  | 895 | 894 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2018-A, 4.00% 12/1/2048  | 920 | 923 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2018-C, 4.25% 6/1/2049  | 1040 | 1048 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2021-A, 3.00% 6/1/2052  | 1435 | 1414 |
| Strategic Fund, Limited Obligation Rev. Bonds (Consumers Energy Co. Project), Series 2019, AMT, 3.35% 10/1/2049 <br> (put 10/1/2027)  | 2090 | 2087 |
| County of Wayne, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2023-B, AMT, <br> AGI, 5.00% 12/1/2030  | 970 | 1060 |
|  |  | 18376 |
| **Minnesota 0.88%** | **Minnesota 0.88%** | **Minnesota 0.88%** |
| GO State Trunk Highway Rev. Ref. Bonds, Series 2022-B, 5.00% 8/1/2028  | 2000 | 2127 |
| County of Hennepin, Housing and Redev. Auth., Multi Family Rev. Bonds (South Haven and Summit Point Apartments <br> Project), Series 2025, 3.15% 2/1/2046 (put 8/1/2028)  | 1720 | 1722 |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2020, AMT, 2.65% 11/1/2038  | 100 | 93 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2022-C, 3.50% 7/1/2052  | 665 | 663 |

---

---

| | |
|:---|:---|
| **221** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Minnesota (continued)** | **Minnesota (continued)** | **Minnesota (continued)** |
| City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2025-D, 1.70% 11/15/2064 <sup>(b)</sup>  | USD<br> 1,700<br>| $1700 |
| Various Purpose GO Bonds, Series 2022-A, 5.00% 8/1/2026  | 1685 | 1710 |
| County of Washington, Community Dev. Agcy., Multi Family Housing Rev. Bonds (Red Rock Manor Project), Series <br> 2025, 3.15% 2/1/2046 (put 8/1/2028)  | 405 | 406 |
|  |  | 8421 |
| **Mississippi 0.42%** | **Mississippi 0.42%** | **Mississippi 0.42%** |
| Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), Series 2007-D, <br> 2.50% 12/1/2030 <sup>(b)</sup>  | 2700 | 2700 |
| Business Fin. Corp., Solid Waste Disposal, Rev. Bonds (Waste Pro USA, Inc. Project), Series 2025-A, AMT, 4.375% <br> 2/1/2048 (put 8/2/2027) <sup>(a)</sup>  | 1275 | 1276 |
|  |  | 3976 |
| **Missouri 0.82%** | **Missouri 0.82%** | **Missouri 0.82%** |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (CoxHealth), Series 2025-A, 5.00% 11/15/2032  | 750 | 837 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, <br> 5.00% 2/1/2028  | 415 | 415 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-G, 5.50% 5/1/2055  | 955 | 1026 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-C, 6.00% 5/1/2055  | 360 | 399 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-E, 6.00% 5/1/2055  | 3020 | 3357 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-A, 6.00% 5/1/2056  | 1380 | 1513 |
| City of Kansas City, Industrial Dev. Auth., Sales Tax Rev. Ref. and Improvement Bonds (Ward Parkway Center <br> Community Improvement Dist.), Series 2016-A, 4.25% 4/1/2026 <sup>(a)</sup>  | 100 | 100 |
| City of St. Louis, Industrial Dev. Auth., Multi Family Rev. Bonds (The Brewery Apartments), Series 2025, 3.15% 4/1/2046 <br> (put 4/1/2028)  | 190 | 190 |
|  |  | 7837 |
| **Montana 0.66%** | **Montana 0.66%** | **Montana 0.66%** |
| Board of Housing, Multi Family Housing Rev. Bonds (Aspen Village Apartments Project), Series 2025, 2.90% 12/1/2028 <br> (put 12/1/2026)  | 1825 | 1820 |
| Board of Housing, Multi Family Housing Rev. Bonds (Aurora Apartments), Series 2024, 3.32% 7/1/2046 (put 2/1/2028)  | 1245 | 1252 |
| Board of Housing, Multi Family Housing Rev. Bonds (Twin Creek 4 Apartments Project), Series 2024, 5.00% 9/1/2028 <br> (put 9/1/2027)  | 361 | 373 |
| Board of Housing, Single Family Mortgage Bonds, Series 2019-A, FHA, 4.25% 12/1/2045  | 1340 | 1348 |
| Board of Housing, Single Family Mortgage Bonds, Series 2020-B, 4.00% 12/1/2050  | 1445 | 1458 |
|  |  | 6251 |
| **Nebraska 0.62%** | **Nebraska 0.62%** | **Nebraska 0.62%** |
| Central Plains Energy Project, Gas Project Rev. Bonds (Project No. 5), Series 2022-1, 5.00% 5/1/2053 (put 10/1/2029)  | 3555 | 3710 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2018-A, 4.00% 9/1/2048  | 565 | 567 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2019-B, AMT, 4.00% 9/1/2049  | 100 | 100 |
| Omaha Public Power Dist., Separate Electric System Rev. Bonds (Nebraska City 2), Series 2015-A, 5.00% 2/1/2033  | 1565 | 1568 |
|  |  | 5945 |
| **Nevada 0.37%** | **Nevada 0.37%** | **Nevada 0.37%** |
| Clark County School Dist., Limited Tax GO Building Bonds, Series 2020-A, AGI, 5.00% 6/15/2026  | 500 | 505 |
| Clark County School Dist., Limited Tax GO Building Bonds, Series 2022-A, 5.00% 6/15/2031  | 500 | 560 |
| County of Clark, Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series 2010, 2.10% 6/1/2031  | 350 | 320 |
| Housing Division, Multi Unit Housing Rev. Bonds (Carville Park Apartments), Series 2024, 5.00% 7/1/2028 (put <br> 7/1/2027)  | 215 | 222 |
| City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series 2023, <br> 5.00% 6/1/2028  | 345 | 355 |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 4.50% 12/1/2027  | 250 | 254 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **222** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Nevada (continued)** | **Nevada (continued)** | **Nevada (continued)** |
| City of Las Vegas, Special Improvement Dist. No. 819 (Summerlin Village 30A), Local Improvement Bonds, Series 2025, <br> 4.75% 6/1/2027  | USD<br> 135<br>| $138 |
| City of Las Vegas, Special Improvement Dist. No. 819 (Summerlin Village 30A), Local Improvement Bonds, Series 2025, <br> 4.50% 6/1/2030  | 285 | 294 |
| City of Las Vegas, Special Improvement Dist. No. 819 (Summerlin Village 30A), Local Improvement Bonds, Series 2025, <br> 4.00% 6/1/2031  | 120 | 121 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series 2023-A, <br> 5.00% 7/1/2027  | 350 | 362 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 5.00% <br> 6/1/2027 <sup>(a)</sup>  | 250 | 254 |
| City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 5.00% <br> 6/1/2028 <sup>(a)</sup>  | 185 | 190 |
|  |  | 3575 |
| **New Hampshire 0.49%** | **New Hampshire 0.49%** | **New Hampshire 0.49%** |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (Granite Edvance Corp. Issue), Series 2024-B, AMT, <br> 4.00% 11/1/2044  | 325 | 315 |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (New Hampshire Higher Education Loan Corp. Issue), <br> Series 2023-B, AMT, 5.00% 11/1/2043  | 575 | 609 |
| Health and Education Facs. Auth., Rev. Bonds (Dartmouth College Issue), Series 2007-B, 2.45% 6/1/2041 <sup>(b)</sup>  | 1135 | 1135 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2024-A, 4.53% <br> 10/15/2034 <sup>(a)</sup>  | 750 | 773 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.00% 6/1/2031  | 440 | 482 |
| National Fin. Auth., Special Rev. Bonds (Grand Prairie Project), Series 2024, 5.875% 12/15/2032 <sup>(a)</sup>  | 939 | 935 |
| National Fin. Auth., Specialty Pharmacy Rev. Bonds (University Hospitals Home Care Services, Inc.), Series 2024-A, <br> 5.625% 12/15/2033 <sup>(a)</sup>  | 395 | 407 |
|  |  | 4656 |
| **New Jersey 1.77%** | **New Jersey 1.77%** | **New Jersey 1.77%** |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 9/15/2029  | 1180 | 1182 |
| Econ. Dev. Auth., Water Facs. Rev. Ref. Bonds (American Water Co., Inc. Project), Series 2020-B, AMT, 3.75% 11/1/2034 <br> (put 6/1/2028)  | 3420 | 3461 |
| Educational Facs. Auth., Rev. Bonds (Higher Education Capital Improvement Fund Issue), Series 2023-A, 5.00% <br> 9/1/2026  | 870 | 883 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2037  | 380 | 391 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2038  | 2510 | 2576 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2039  | 485 | 497 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2022, AMT, 4.00% <br> 12/1/2041  | 340 | 338 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2025, AMT, 4.50% <br> 12/1/2045  | 1170 | 1202 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1B, AMT, 5.00% 12/1/2031  | 1000 | 1064 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2019-B, AMT, 3.00% 12/1/2034  | 1275 | 1217 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2020-A, AMT, 3.50% 12/1/2039  | 355 | 349 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2021-B, AMT, 2.50% 12/1/2040  | 495 | 467 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2025-M, 6.50% 4/1/2056  | 500 | 562 |
| Tobacco Settlement Fncg. Corp., Tobacco Settlement Bonds, Series 2018-A, 5.00% 6/1/2026  | 175 | 176 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2020-D, 5.00% 1/1/2028  | 1015 | 1037 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2030  | 1365 | 1492 |
|  |  | 16894 |
| **New Mexico 0.07%** | **New Mexico 0.07%** | **New Mexico 0.07%** |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2020-A, Class I, 3.50% 1/1/2051  | 160 | 160 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2025-A, Class I, 5.75% 3/1/2056  | 500 | 550 |
|  |  | 710 |

---

---

| | |
|:---|:---|
| **223** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New York 6.71%** | **New York 6.71%** | **New York 6.71%** |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2026  | USD<br> 1,500<br>| $1510 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024-A, 5.00% 3/15/2031  | 1000 | 1123 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-C, 5.00% 3/15/2031  | 1000 | 1123 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-C, 5.00% 3/15/2033  | 3410 | 3939 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2018-A, 5.00% 3/15/2026 (escrowed to maturity)  | 100 | 101 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2025-A, 5.00% 3/15/2027  | 2835 | 2921 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2025-A, 5.00% 3/15/2032  | 1060 | 1214 |
| Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-A, 5.00% 3/15/2031  | 1010 | 1134 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2020-R-1, <br> 4.25% 9/1/2050 (put 9/3/2030) <sup>(a)</sup>  | 275 | 276 |
| Housing Fin. Agcy., 160 West 62nd Street Housing Rev. Bonds, Series 2011-A-1, 3.60% 11/1/2044 (put 4/1/2032)  | 425 | 432 |
| Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 5.00% 11/15/2045 (put 5/15/2030)  | 2000 | 2157 |
| County of Monroe, Industrial Dev. Agcy., Multi Family Housing Rev. Bonds (Andrews Terrace Community Partners, L.P. <br> Project), Series 2023-B-2, 5.00% 7/1/2028 (put 7/1/2027)  | 2390 | 2461 |
| County of Nassau, GO General Improvement Bonds, Series 2016-B, AGI, 5.00% 10/1/2026  | 1000 | 1019 |
| New York City GO Bonds, Fiscal 2006, Series 2006-I-6, 5.00% 4/1/2032  | 1770 | 2000 |
| New York City GO Bonds, Fiscal 2006, Series 2006-I-6, 5.00% 4/1/2033  | 1405 | 1607 |
| New York City GO Bonds, Fiscal 2023, Series 2023-F-1, 5.00% 8/1/2029  | 1000 | 1086 |
| New York City GO Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 2/1/2030  | 850 | 930 |
| New York City GO Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 2/1/2032  | 1030 | 1162 |
| New York City GO Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 2/1/2033  | 1910 | 2180 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Bonds (Sustainable Dev. Bonds), Series 2026-A-2, 3.25% <br> 11/1/2065 (put 2/1/2030)  | 2500 | 2512 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Green Bonds (Sustainable Dev. Bonds), Series 2025-C-2, <br> 3.75% 5/1/2065 (put 7/2/2029)  | 1000 | 1016 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, AGI, <br> 5.00% 1/1/2028  | 1320 | 1378 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, AGI, <br> 5.00% 1/1/2031  | 1000 | 1101 |
| New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Series 2026-S-2, 5.00% 7/15/2034  | 1195 | 1407 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F, 5.00% 11/1/2027  | 460 | 480 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2026, Series 2026-D-1, 5.00% 11/1/2027  | 3985 | 4158 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.00% 11/1/2030  | 550 | 611 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2026, Series 2026-D-1, 5.00% 11/1/2028  | 1140 | 1218 |
| Port Auth., Consolidated Bonds, Series 227, AMT, 3.00% 10/1/2028  | 500 | 499 |
| Rockland County Econ. Assistance Corp., Rev. Bonds (Bon Secours Charity Health System Project), Series 2025, 6.50% <br> 11/1/2030  | 1500 | 1555 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-A-1, 4.85% <br> 11/1/2031 <sup>(a)</sup>  | 190 | 192 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2028  | 1000 | 1049 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 5.00% 12/1/2029  | 2385 | 2533 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2031  | 2000 | 2176 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2028  | 3110 | 3211 |
| Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D Redev. <br> Project), Series 2018, AMT, 5.00% 1/1/2029  | 2040 | 2103 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 3/15/2027 (preref. <br> 3/15/2026)  | 200 | 201 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2022-A, 5.00% 9/15/2031  | 1100 | 1249 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2025-TE-2, 5.00% 6/15/2032  | 5000 | 5522 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2025-TE-2, 5.00% 12/15/2032  | 1285 | 1432 |
|  |  | 63978 |
| **North Carolina 3.02%** | **North Carolina 3.02%** | **North Carolina 3.02%** |
| City of Charlotte, GO Rev. Ref. Bonds, Series 2025-B, 5.00% 7/1/2027  | 1975 | 2050 |
| City of Charlotte, Water and Sewer System Rev. Bonds, Series 2024, 5.00% 7/1/2026  | 1000 | 1013 |
| City of Durham, Housing Auth. Multi Family Housing Rev. Bonds (Page Corners Apartments), Series 2025, 3.15% <br> 7/1/2059 (put 7/1/2028)  | 1665 | 1670 |
| Educational Assistance Auth., Student Loan Rev. Bonds, Series 2023-A, AMT, 5.00% 6/1/2043  | 230 | 240 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **224** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **North Carolina (continued)** | **North Carolina (continued)** | **North Carolina (continued)** |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2045  | USD<br> 1,275<br>| $1336 |
| GO Rev. Ref. Bonds, Series 2026-A, 5.00% 6/1/2029  | 3000 | 3231 |
| Greater Asheville Regional Airport Auth., Airport System Rev. Bonds, Series 2023, AMT, 5.00% 7/1/2031  | 1845 | 2020 |
| Health and Educational Facs. Auth., Rev. Bonds (Massachusetts Institute of Technology Issue), Series 2000, 4.00% <br> 11/1/2030 (put 4/1/2026)  | 800 | 807 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds, Series 44, 2.05% 1/1/2028  | 500 | 487 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds, Series 41, 4.00% 1/1/2050  | 865 | 868 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds, Series 47, 3.00% 7/1/2051  | 1200 | 1185 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 55-A, 6.25% 7/1/2055  | 1635 | 1795 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 57-A, 6.25% 1/1/2056  | 1760 | 1980 |
| Housing Fin. Agcy., Home Ownership Rev. Ref. Bonds, Series 44, 4.00% 7/1/2050  | 1540 | 1549 |
| Inlivian Multi Family Housing Rev. Bonds (Central at Old Concord), Series 2025, 3.30% 11/10/2043 (put 11/1/2028)  | 520 | 525 |
| Inlivian Multi Family Housing Rev. Bonds (The Barton South), Series 2025-B, 3.375% 2/1/2029 (put 2/1/2028)  | 1365 | 1370 |
| Limited Obligation Rev. Ref. Bonds, Series 2025-B, 5.00% 5/1/2027  | 850 | 879 |
| Limited Obligation Rev. Ref. Bonds, Series 2026-A, 5.00% 6/1/2027  | 1000 | 1030 |
| Limited Obligation Rev. Ref. Bonds, Series 2025-B, 5.00% 5/1/2028  | 1600 | 1692 |
| County of Mecklenburg, Limited Obligation Bonds, Series 2025, 5.00% 2/1/2030  | 975 | 1072 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (The Presbyterian Homes Obligated <br> Group), Series 2016-C, 4.00% 10/1/2031  | 260 | 261 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-2, 4.50% <br> 9/1/2029  | 230 | 230 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-1, 4.75% <br> 9/1/2029  | 170 | 170 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (The United Methodist Retirement Homes <br> Project), Series 2025-B-1, 3.75% 10/1/2030  | 1165 | 1166 |
| Town of Morehead City, Multi Family Housing Rev. Bonds (Elijah's Landing), Series 2024, 4.05% 1/1/2028 (put <br> 1/1/2027)  | 150 | 151 |
|  |  | 28777 |
| **North Dakota 0.32%** | **North Dakota 0.32%** | **North Dakota 0.32%** |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2019-C, 4.00% 1/1/2050  | 320 | 322 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-B, 3.00% 7/1/2052  | 1205 | 1185 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2024-D, 6.00% 7/1/2055  | 170 | 189 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2025-C, 5.75% 7/1/2056  | 1245 | 1377 |
|  |  | 3073 |
| **Ohio 2.09%** | **Ohio 2.09%** | **Ohio 2.09%** |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2014-D, 3.20% 5/1/2026  | 140 | 140 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-B, AMT, 3.70% 7/1/2028  | 1440 | 1445 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (Ohio Valley Electric Corp. Project), Series 2019-A, 3.25% 9/1/2029  | 1700 | 1696 |
| Akron, Bath and Copley Joint Township Hospital Dist., Hospital Facs. Rev. Ref. Bonds (Summa Health Obligated <br> Group), Series 2020, 5.00% 11/15/2027  | 185 | 193 |
| City of Columbus, Various Purpose Unlimited Tax GO Bonds, Series 2024-A, 5.00% 8/15/2026  | 1000 | 1015 |
| County of Cuyahoga, Metropolitan Housing Auth., Multi Family Housing Rev. Bonds (Wade Park Apartments), Series <br> 2022, 3.32% 12/1/2027 (put 6/1/2026)  | 2310 | 2311 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2033  | 500 | 500 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2028 <sup>(a)</sup>  | 185 | 187 |
| Hospital Rev. Bonds (University Hospitals Health System, Inc.), Series 2025-A, 5.00% 1/15/2027  | 1315 | 1341 |
| Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2017-A, 3.25% 1/1/2035  | 250 | 247 |
| Housing Fin. Agcy., Multi Family Housing Rev. Bonds (Beechwood Apartments), Series 2025, 3.37% 3/1/2028 (put <br> 3/1/2027)  | 1175 | 1180 |
| Housing Fin. Agcy., Multi Family Housing Rev. Bonds (Community Pendleton Project), Series 2025, 3.40% 7/1/2042 <br> (put 2/1/2028)  | 1300 | 1306 |
| Housing Fin. Agcy., Multi Family Housing Rev. Bonds (Lincoln & Gilbert Family II Apartments), Series 2024, 3.35% <br> 5/1/2044 (put 5/1/2027)  | 380 | 381 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2022-A, 3.25% <br> 9/1/2052  | 345 | 342 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2025-B, 6.50% <br> 3/1/2056  | 2075 | 2368 |
| City of Norwood, Special Obligation Rev. Ref. Bonds (Rookwood Exchange Project), Series 2025, 4.375% 12/1/2030  | 515 | 521 |

---

---

| | |
|:---|:---|
| **225** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Ohio (continued)** | **Ohio (continued)** | **Ohio (continued)** |
| County of Summit, Dev. Fin. Auth. Multi Family Housing Rev. Bonds (Wintergreen Ledges Apartments), Series 2025, <br> 5.00% 4/1/2028 (put 4/1/2027)  | USD<br> 2,270<br>| $2324 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2026  | 335 | 338 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2027  | 470 | 483 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2028  | 640 | 670 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2029  | 315 | 335 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2030  | 550 | 595 |
|  |  | 19918 |
| **Oklahoma 0.27%** | **Oklahoma 0.27%** | **Oklahoma 0.27%** |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-A, 6.25% <br> 9/1/2056  | 1560 | 1757 |
| Turnpike Auth., Turnpike System Rev. Bonds, Series 2017-C, 5.00% 1/1/2042  | 800 | 800 |
|  |  | 2557 |
| **Oregon 1.15%** | **Oregon 1.15%** | **Oregon 1.15%** |
| County of Clackamas, Hospital Facs. Auth., Rev. Senior Living Bonds (Mary's Woods at Marylhurst Project), Series <br> 2018-A, 5.00% 5/15/2026  | 180 | 180 |
| GO Bonds (Article XI-M, XI-N, and XI-P State Grant Programs), Series 2025-C, 5.00% 6/1/2028  | 1000 | 1061 |
| GO Bonds (Article XI-Q State Projects), Series 2025-K, 5.00% 11/1/2027  | 2355 | 2464 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.00% 5/1/2030  | 1130 | 1252 |
| GO Rev. Ref. Bonds (Article XI-F1 State Projects), Series 2025-F, 5.00% 8/1/2029  | 1200 | 1308 |
| Housing and Community Services Dept., Housing Dev. Rev. Bonds (Gresham Civic Station Apartments Project), Series <br> 2025-Q, 3.125% 7/1/2044 (put 7/1/2028)  | 1000 | 1003 |
| Housing and Community Services Dept., Housing Dev. Rev. Bonds (Verde Pines Project), Series 2025-O, 3.10% <br> 12/1/2059 (put 2/1/2028)  | 435 | 435 |
| Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series 2024-C, <br> 6.50% 7/1/2054  | 390 | 433 |
| Housing and Community Services Dept., Muti Family Housing Rev. Bonds, (Redmond Landing Apartments Project), <br> Series 2024-K-2, 3.01% 5/1/2028 (put 5/1/2027)  | 1000 | 1001 |
| City of Portland, Sewer System Rev. Bonds, Series 2020-A, 5.00% 3/1/2030  | 1160 | 1278 |
| Dept. of Transportation, Grant Anticipation Rev. Bonds, Series 2024, 5.00% 5/15/2027  | 575 | 594 |
|  |  | 11009 |
| **Pennsylvania 2.42%** | **Pennsylvania 2.42%** | **Pennsylvania 2.42%** |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2027  | 760 | 776 |
| County of Chester, Industrial Dev. Auth., Rev. Notes (Avon Grove Charter School Project), Series 2024, 5.00% 3/1/2027  | 500 | 504 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2024, 5.00% 7/1/2031 <sup>(a)</sup>  | 155 | 165 |
| East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), Series <br> 2016, 5.00% 12/1/2028  | 715 | 715 |
| Econ. Dev. Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Service, Inc. Project), Series 2010-B, 2.875% 12/1/2030 <br> (put 4/1/2026)  | 155 | 155 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2028  | 895 | 901 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2011, AMT, 4.25% <br> 7/1/2041 (put 7/1/2027)  | 3250 | 3286 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2021-A-2, AMT, <br> 4.60% 10/1/2046 (put 10/1/2026)  | 1250 | 1254 |
| Fncg. Auth., Rev. Bonds (Tobacco Master Settlement Payment), Series 2018, 5.00% 6/1/2026  | 1800 | 1817 |
| Fncg. Auth., Rev. Bonds (Tobacco Master Settlement Payment), Series 2018, 5.00% 6/1/2030  | 2000 | 2103 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2031  | 700 | 745 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 5.00% 6/1/2032  | 2000 | 2146 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2020, 2.45% 6/1/2041  | 110 | 101 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 4.125% 6/1/2045  | 54 | 53 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 4.75% 6/1/2046  | 250 | 247 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **226** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| Higher Educational Facs. Auth., Health System Rev. Bonds, Series 2016-AT-1, 5.00% 6/15/2030 (escrowed to maturity)  | USD<br> 590<br>| $596 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2018-126-A, 4.00% 10/1/2048  | 1975 | 1979 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2019-131-A, 3.50% 4/1/2049  | 135 | 135 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2020-133, 3.00% 10/1/2050  | 1480 | 1463 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2022-140-A, 5.00% 10/1/2052  | 190 | 197 |
| Housing Fin. Agcy., Special Limited Obligation Multi Family Housing Dev. Bonds (Fairhill Phase II), Series 2025, 3.15% <br> 1/1/2046 (put 7/1/2029)  | 2200 | 2207 |
| City of Philadelphia, Hospitals and Higher Education Facs. Auth., Hospital Rev. Bonds (Temple University Health <br> System Obligated Group), Series 2017, 5.00% 7/1/2031  | 500 | 509 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 12/1/2027  | 1060 | 1071 |
|  |  | 23125 |
| **Puerto Rico 1.47%** | **Puerto Rico 1.47%** | **Puerto Rico 1.47%** |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(d)</sup>  | 205 | 137 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2020 <sup>(d)</sup>  | 335 | 224 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2021 <sup>(d)</sup>  | 275 | 184 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2025 <sup>(d)</sup>  | 25 | 17 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.75% 7/1/2027 <sup>(d)</sup>  | 160 | 107 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(d)</sup>  | 10 | 7 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2035 <sup>(d)</sup>  | 125 | 84 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XXX, 5.75% 7/1/2036 <sup>(d)</sup>  | 320 | 214 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-YY, 6.125% 7/1/2040  | 200 | 134 |
| Electric Power Auth., Power Rev. Custodial Receipts, Series 2025-PRB-RR, 0% 7/1/2030 <sup>(a)</sup>  | 1000 | 652 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(d)</sup>  | 1000 | 667 |
| GO Restructured Bonds, Series 2022-A-1, 5.625% 7/1/2027  | 32 | 33 |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(b)</sup>  | 8744 | 5607 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 5769 | 3779 |
| Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds <br> (Hospital Auxilio Mutuo Obligated Group Project), Series 2021, 5.00% 7/1/2029  | 500 | 526 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2027  | 80 | 76 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2029  | 1000 | 889 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2031  | 814 | 670 |
|  |  | 14007 |
| **Rhode Island 0.29%** | **Rhode Island 0.29%** | **Rhode Island 0.29%** |
| Housing and Mortgage Fin. Corp., Multi Family Dev. Green Bonds, Series 2024-1-A, FHA, 3.60% 10/1/2054 (put <br> 10/1/2027)  | 350 | 350 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.125% 12/1/2041  | 385 | 380 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2023-A, AMT, 4.125% 12/1/2042  | 295 | 290 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-A, AMT, 4.125% 12/1/2043  | 90 | 88 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.125% 12/1/2043  | 1460 | 1416 |
| Tobacco Settlement Fin. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2015-A, 5.00% 6/1/2026  | 250 | 251 |
|  |  | 2775 |
| **South Carolina 1.52%** | **South Carolina 1.52%** | **South Carolina 1.52%** |
| Connector 2000 Assn., Inc., Toll Road Rev. Bonds, CAB, Series 2011-A-1, 0% 1/1/2032  | 347 | 248 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2022-B, 5.00% 1/1/2052  | 1650 | 1722 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-A, 6.25% 7/1/2054  | 1400 | 1551 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-B, 6.00% 1/1/2055  | 1620 | 1793 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2025-A, 6.50% 7/1/2055  | 1505 | 1709 |
| Housing Fin. and Dev. Auth., Multi Family Housing Rev. Bonds (573 Meeting Street Project), Series 2024, 3.00% <br> 4/1/2043 (put 4/1/2027)  | 2500 | 2502 |
| Housing Fin. and Dev. Auth., Multi Family Housing Rev. Bonds (Poplar Square Apartments Project), Series 2025, 5.00% <br> 4/1/2028 (put 4/1/2027)  | 100 | 102 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (Rolling Green Village Project), Series 2025-B, 4.00% <br> 12/1/2030  | 755 | 758 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.00% <br> 11/1/2031  | 1000 | 1116 |

---

---

| | |
|:---|:---|
| **227** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **South Carolina (continued)** | **South Carolina (continued)** | **South Carolina (continued)** |
| City of Myrtle Beach, Tax Increment Rev. Ref. Bonds (Myrtle Beach Air Force Base Redev. Project Area), Series 2016, <br> 5.00% 10/1/2028  | USD<br> 1,210<br>| $1229 |
| Public Service Auth., Rev. Improvement Obligations, Series 2021-B, 5.00% 12/1/2029  | 1360 | 1479 |
| County of Richland, The Village at Sandhill Improvement Dist., Rev. Ref. Assessment Bonds, Series 2021, 3.625% <br> 11/1/2031 <sup>(a)</sup>  | 290 | 265 |
|  |  | 14474 |
| **South Dakota 0.34%** | **South Dakota 0.34%** | **South Dakota 0.34%** |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2018-A, 4.00% 11/1/2048  | 1605 | 1609 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2019-B, 4.00% 5/1/2049  | 1200 | 1204 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2025-A, 6.50% 11/1/2055  | 385 | 438 |
|  |  | 3251 |
| **Tennessee 1.31%** | **Tennessee 1.31%** | **Tennessee 1.31%** |
| Health and Educational Facs. Auth., Collateralized Multi Family Rev. Bonds (BTT Dev. IV and Housing Associates Rural <br> Dev. Program), Series 2024, 3.00% 4/1/2028 (put 4/1/2027)  | 870 | 871 |
| Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Multi Family <br> Rev. Bonds (Trinity Flats Apartments), Series 2024-B, 3.65% 10/1/2046 (put 7/1/2028)  | 575 | 581 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2019-2, 4.00% 1/1/2048  | 935 | 943 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2018-3, 4.25% 7/1/2049  | 1075 | 1080 |
| City of Johnson City, Health and Educational Facs. Board, Collateralized Multi Family Housing Bonds (Tapestry at Roan <br> Hill Project), Series 2023, 3.60% 12/1/2027 (put 12/1/2026)  | 330 | 332 |
| County of Knox, Health, Educational and Housing Fac. Board, Multi Family Housing Rev. Bonds (The Pines Apartments <br> Project), Series 2024, 3.10% 9/1/2029 (put 9/1/2027)  | 2310 | 2311 |
| Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Grosvenor Square Project), Series 2022, <br> 4.00% 12/1/2027 (put 6/1/2026)  | 55 | 55 |
| Knoxville Community Dev. Corp., Multi Family Housing Bonds (The Peter Apartments), Series 2025, 3.15% 5/1/2046 <br> (put 5/1/2029)  | 2000 | 2006 |
| Metropolitan Dev. and Housing Agcy., Tax Increment Dev. Rev. Bonds (Fifth & Broadway Dev. Project), Series 2018, <br> 4.50% 6/1/2028 <sup>(a)</sup>  | 200 | 202 |
| Metropolitan Government of Nashville and Davidson County, Industrial Dev. Board, Housing Rev. Bonds (Trinity Lane <br> Apartments Project), Series 2025, 3.15% 7/1/2044 (put 7/1/2029)  | 3045 | 3057 |
| Tennergy Corp., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 12/1/2051 (put 9/1/2028)  | 1000 | 1017 |
|  |  | 12455 |
| **Texas 9.19%** | **Texas 9.19%** | **Texas 9.19%** |
| Affordable Housing Corp., Multi Family Housing Rev. Bonds (Juniper Creek Apartments Project), Series 2023, 3.75% <br> 7/1/2044 (put 7/1/2026)  | 500 | 502 |
| Allen Independent School Dist. Unlimited Tax Rev. Ref. Bonds, Series 2025-A, 5.00% 2/15/2027  | 400 | 411 |
| Allen Independent School Dist. Unlimited Tax School Building Bonds, Series 2025-A, 5.00% 2/15/2026  | 790 | 792 |
| Argyle Independent School Dist., Unlimited Tax School Building Bonds, Series 2025-A, 5.00% 8/15/2034  | 3680 | 4245 |
| Austin Affordable PFC, Inc., Multi Family Housing Rev. Bonds (Eagle's Landing Family Apartments), Series 2024-B, <br> 5.00% 9/1/2028 (put 9/1/2027)  | 300 | 310 |
| Austin Affordable PFC, Inc., Multi Family Housing Rev. Bonds (Village at Cottonwood Apartments), Series 2024-B, <br> 5.00% 9/1/2028 (put 9/1/2027)  | 405 | 418 |
| City of Austin, Airport System Rev. Ref. Bonds, Series 2025, AMT, 5.00% 11/15/2028  | 485 | 511 |
| City of Austin, Electric Utility System Rev. Ref. Bonds, Series 2015-A, 5.00% 11/15/2029  | 2000 | 2000 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 5.00% 4/1/2029  | 1700 | 1775 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 4.50% 4/1/2046  | 1220 | 1243 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area No. 1), <br> Series 2025, 5.00% 9/1/2033 <sup>(a)</sup>  | 100 | 102 |
| City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area Project), <br> Series 2025, 5.75% 9/1/2033 <sup>(a)</sup>  | 78 | 79 |
| Canutillo Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025, 5.00% 8/15/2027  | 1195 | 1242 |
| Capital Area Housing Fin. Corp., Multi Family Housing Rev. Bonds (The Katy), Series 2024, 3.125% 9/1/2029 (put <br> 9/1/2027)  | 2775 | 2789 |
| Central Texas Regional Mobility Auth., Rev. Bond Anticipation Notes, Series 2021-C, 5.00% 1/1/2027  | 3630 | 3641 |
| Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2029  | 2000 | 2157 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **228** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (International Leadership of Texas, Inc.), Series 2025-B, <br> 4.00% 2/15/2055 (put 2/15/2030)  | USD<br> 950<br>| $993 |
| County of Collin, Road and Rev. Ref. Bonds, Series 2016, 4.00% 2/15/2027  | 500 | 501 |
| Comal Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025, 5.00% 2/1/2027  | 1120 | 1149 |
| Conroe Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025, 5.00% 2/15/2027  | 920 | 945 |
| Corpus Christi Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2020, 5.00% <br> 8/15/2027  | 675 | 702 |
| Crowley Independent School Dist., Unlimited Tax School Building Bonds, Series 2019, 5.00% 8/1/2029  | 400 | 429 |
| City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (Palladium Buckner Station), Series 2025, 3.05% <br> 8/1/2030 (put 8/1/2028)  | 600 | 601 |
| City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (The Mondello), Series 2024, 5.00% 8/1/2027 (put <br> 8/1/2026)  | 135 | 136 |
| City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (West Virginia Apartments), Series 2024-B, 5.00% <br> 10/1/2028 (put 10/1/2027)  | 430 | 444 |
| County of Denton, Special Assessment Rev. Bonds (Duck Point Public Improvement Dist.), Series 2025, 4.375% <br> 12/31/2030 <sup>(a)</sup>  | 400 | 401 |
| County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major Improvement <br> Area Project), Series 2025, 4.25% 12/31/2030 <sup>(a)</sup>  | 305 | 308 |
| County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-A, 4.625% 12/31/2031 <sup>(a)</sup>  | 214 | 218 |
| Denton Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025-C, 5.00% 8/15/2027  | 350 | 363 |
| County of El Paso, Hospital Dist. GO Bonds, Series 2025, 5.00% 2/15/2031  | 1200 | 1320 |
| Fort Bend Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2021-B, 0.72% 8/1/2051 (put 8/1/2026)  | 200 | 197 |
| City of Galveston, Wharves and Terminal Rev. Bonds, Series 2024-A, AMT, 5.00% 8/1/2029  | 450 | 474 |
| Grapevine-Colleyville Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025, 5.00% 8/15/2026  | 1385 | 1406 |
| City of Greenville, Electric System Rev. Ref. Bonds, Series 2024, BAM, 5.00% 2/15/2027  | 500 | 513 |
| Harris County Housing Fin. Corp., Multi Family Housing Rev. Notes (Baypointe Apartments), Series 2025, 2.95% <br> 9/1/2043 (put 9/1/2028)  | 1000 | 998 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Ref. Bonds, Series 2025-D, 6.25% 1/1/2056  | 1500 | 1682 |
| Housing Options, Inc., Multi Family Housing Rev. Bonds (Royal Crest Apartments), Series 2025, 3.05% 2/1/2045 (put <br> 2/1/2028)  | 415 | 416 |
| Housing Synergy PFC, Multi Family Housing Rev. Bonds (Canterbury Crossing Apartments), Series 2023, 5.00% <br> 2/1/2027 (put 2/1/2026)  | 1000 | 1002 |
| City of Houston, Airport System Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 7/1/2033  | 2000 | 2227 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2028  | 1000 | 1050 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2029  | 1000 | 1069 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2031  | 1500 | 1646 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2020-B-2, AMT, 5.00% 7/15/2027  | 1000 | 1017 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2020-C, AMT, 5.00% 7/15/2027  | 1500 | 1525 |
| Houston Housing Fin. Corp., Multi Family Housing Rev. Bonds (Alcott Village), Series 2024-A, 3.20% 4/1/2028  | 2075 | 2074 |
| Humble Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/2028  | 640 | 672 |
| Klein Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2016-A, 3.00% 8/1/2028  | 750 | 750 |
| City of Lavon, Special Assessment Rev. Bonds (Trails of Lavon Public Community Dist. Projects), Series 2025, 4.25% <br> 9/15/2032 <sup>(a)</sup>  | 213 | 216 |
| Leander Independent School Dist., Unlimited Tax School Building Bonds, CAB, Series 2025-A, 0% 8/15/2027  | 590 | 564 |
| Love Field Airport Modernization Corp., Special Facs. Rev. Bonds, Series 2012, AMT, 5.00% 11/1/2028  | 470 | 470 |
| Mesquite Independent School Dist., Unlimited Tax Building Rev. Ref. Bonds, Series 2025, 5.00% 8/15/2026  | 435 | 441 |
| Mission Econ. Dev. Corp., Rev. Bonds (Natgasoline Project), Series 2018, AMT, 4.625% 10/1/2031 <sup>(a)</sup>  | 465 | 465 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-A, 5.50% 1/1/2054 (put 1/1/2030)  | 1250 | 1329 |
| Municipal Gas Acquisition and Supply Corp. VI, Gas Supply Rev. Bonds, Series 2025, 5.00% 1/1/2031  | 1500 | 1596 |
| New Caney Independent School Dist., Unlimited Tax School Building Bonds, Series 2018, 4.00% 2/15/2050 (put <br> 8/15/2027)  | 230 | 234 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Bella Vida Forefront Living Project), Series <br> 2025-B-3, 4.25% 10/1/2030  | 585 | 587 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2025, 5.00% 1/1/2027  | 605 | 613 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2025, 5.00% 1/1/2028  | 805 | 826 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 5.00% 6/1/2032  | 225 | 240 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2024-1-A, AMT, 4.125% 6/1/2045  | 340 | 335 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 4.50% 6/1/2046  | 1380 | 1396 |

---

---

| | |
|:---|:---|
| **229** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 1/1/2031  | USD<br> 1,375<br>| $1375 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 1/1/2032  | 985 | 985 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 1/1/2034  | 1170 | 1170 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, CAB, Series 2008-D, AGI, 0% 1/1/2030  | 2000 | 1776 |
| Northwest Independent School Dist., Unlimited Tax School Building Bonds, Series 2017, 5.00% 2/15/2042 (preref. <br> 2/15/2026)  | 1025 | 1028 |
| Pecos-Barstow-Toyah Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2042 <br> (preref. 2/15/2026)  | 1000 | 1003 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2019, 4.00% 2/1/2027  | 600 | 610 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2022, 5.00% 2/1/2028  | 1000 | 1048 |
| Sherman Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2033  | 1000 | 1150 |
| Sinton Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 4.00% 8/15/2049 (put 8/15/2026)  | 530 | 534 |
| Spring Branch Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% <br> 2/1/2036  | 1500 | 1743 |
| Spring Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% 8/15/2026  | 585 | 594 |
| County of Tarrant, Housing Fin. Corp., Multi Family Housing Rev. Notes (Wildwood Branch), Series 2025, 3.60% <br> 2/1/2043 (put 2/1/2028)  | 2125 | 2146 |
| Tarrant County Cultural Education Facs. Fin. Corp., Rev. Bonds (Ascension Senior Credit Group), Series 2025-C-1, <br> 5.00% 11/15/2051 (put 11/15/2032)  | 8000 | 8930 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2031  | 305 | 312 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2032  | 320 | 326 |
| Tomball Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2027  | 700 | 720 |
| Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2024-C, 5.00% 8/15/2031  | 360 | 403 |
| Turnpike Auth., Central Texas Turnpike System, Rev. Bonds, CAB, Series 2002-A, AMBAC, 0% 8/15/2027  | 1000 | 954 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2017-A, 5.00% 4/15/2028  | 2000 | 2085 |
|  |  | 87649 |
| **Utah 0.78%** | **Utah 0.78%** | **Utah 0.78%** |
| Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-C, 5.00% <br> 7/15/2035 <sup>(a)</sup>  | 270 | 272 |
| GO Bonds, Series 2017, 5.00% 7/1/2026  | 600 | 608 |
| Housing Corp., Multi Family Housing Rev. Bonds (Liberty Corner), Series 2025, 3.00% 9/1/2045 (put 9/1/2029)  | 1045 | 1041 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-G, 6.25% 7/1/2055  | 620 | 693 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-I, 6.25% 7/1/2055  | 295 | 331 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2027 <sup>(a)</sup>  | 450 | 451 |
| MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment Area <br> #2), Series 2021, 4.00% 8/1/2029 <sup>(a)</sup>  | 950 | 957 |
| Salt Lake City, Airport Rev. Bonds (Salt Lake City International Airport), Series 2021-A, AMT, 5.00% 7/1/2027  | 500 | 515 |
| Salt Lake City, Airport Rev. Bonds (Salt Lake City International Airport), Series 2023-A, AMT, 5.00% 7/1/2029  | 500 | 535 |
| Telecommunication Open Infrastructure Agcy., Sales Tax and Telecommunications Rev. Ref. Bonds, Series 2022, 5.00% <br> 6/1/2027  | 600 | 619 |
| Three Bridges Public Infrastructure Dist. No. 1, Special Assessment Bonds (Three Bridges Assessment Area No. 1), <br> Series 2024-1, 5.00% 12/1/2036 <sup>(a)(d)</sup>  | 1000 | 1008 |
| County of Utah, Hospital Rev. Bonds (IHC Health Services, Inc.), Series 2020-B-2, 5.00% 5/15/2060 (put 8/1/2026)  | 425 | 431 |
|  |  | 7461 |
| **Vermont 0.31%** | **Vermont 0.31%** | **Vermont 0.31%** |
| Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2022-A-2, AMT, 4.375% <br> 6/1/2052 (put 6/1/2032) <sup>(a)</sup>  | 670 | 675 |
| Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series <br> 2016-A, 5.00% 12/1/2033  | 610 | 614 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2023, AMT, 5.00% 6/15/2033  | 1530 | 1641 |
|  |  | 2930 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **230** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Virgin Islands 0.16%** | **Virgin Islands 0.16%** | **Virgin Islands 0.16%** |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2026  | USD<br> 1,285<br>| $1297 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2030  | 185 | 193 |
|  |  | 1490 |
| **Virginia 3.02%** | **Virginia 3.02%** | **Virginia 3.02%** |
| County of Amelia, Industrial Dev. Auth., Solid Waste Disposal Rev. and Rev. Ref. Bonds (Waste Management, Inc. <br> Project), Series 2002, AMT, 1.45% 4/1/2027  | 2925 | 2837 |
| County of Arlington, Industrial Dev. Auth., Multifamily Housing Rev. Bonds (Barcroft-Charlie 2 and Barcroft-Bravo 5), <br> Series 2025, 3.10% 12/1/2055 (put 2/1/2027)  | 650 | 650 |
| County of Arlington, Industrial Dev. Auth., Multifamily Housing Rev. Bonds (Park Shirlington Apartments), Series <br> 2023-A, 5.00% 1/1/2026  | 2000 | 2000 |
| County of Charles City, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Waste Management of Virginia, Inc. <br> Project), Series 2003-A, AMT, 4.25% 8/1/2027  | 1000 | 1005 |
| Chesapeake Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Hunters Point Apartments), Series 2023, <br> 5.00% 5/1/2043 (put 5/1/2026)  | 3000 | 3019 |
| College Building Auth., Educational Facs. Rev. Bonds (21st Century College and Equipment Programs), Series 2017-C, <br> 5.00% 2/1/2031  | 1260 | 1293 |
| Hampton Roads Sanitation Dist., Wastewater Rev. Bonds, Series 2025-A, 5.00% 7/15/2026  | 4000 | 4053 |
| Hampton Roads, Transportation Accountability Commission, Bond Anticipation Notes (Hampton Roads Transportation <br> Fund), Series 2021-A, 5.00% 7/1/2026 (escrowed to maturity)  | 4000 | 4050 |
| Town of Louisa, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (Virginia Electric and Power Co. Project), Series <br> 2008-B, 3.125% 11/1/2035 (put 10/1/2030)  | 1040 | 1044 |
| Public Building Auth., Public Facs. Rev. Bonds, Series 2015-B, AMT, 5.00% 8/1/2028  | 800 | 842 |
| Richmond Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Joyfield at German School Road), Series 2025, <br> 3.10% 12/1/2055 (put 12/1/2026)  | 585 | 585 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2027  | 500 | 508 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2029  | 1000 | 1050 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 1/1/2029  | 175 | 178 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 7/1/2029  | 500 | 510 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 1/1/2031  | 850 | 872 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 1/1/2032  | 1000 | 1028 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-3, 5.375% 9/1/2029  | 1310 | 1325 |
| County of Wise, Industrial Dev. Auth., Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power Co. <br> Project), Series 2009-A, 3.125% 10/1/2040 (put 10/1/2030)  | 1930 | 1938 |
|  |  | 28787 |
| **Washington 2.52%** | **Washington 2.52%** | **Washington 2.52%** |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2030  | 1150 | 1276 |
| Health Care Facs. Auth., Rev. Bonds (Virginia Mason Medical Center), Series 2017, 5.00% 8/15/2033  | 1125 | 1155 |
| Health Care Facs. Auth., Rev. Bonds (Yakima Valley Memorial Hospital Assn.), Series 2016, 5.00% 12/1/2036 (preref. <br> 12/1/2026)  | 870 | 887 |
| Health Care Facs. Auth., Rev. Bonds (Yakima Valley Memorial Hospital Assn.), Series 2016, 5.00% 12/1/2041 (preref. <br> 12/1/2026)  | 645 | 658 |
| Housing Fin. Commission, Multi Family Housing Rev. Bonds (Camas Flats Apartments Project), Series 2024-B, 5.00% <br> 2/1/2028 (put 2/1/2027)  | 135 | 138 |
| Housing Fin. Commission, Nonprofit Housing Rev. and Rev. Ref. Bonds (Horizon House Project), Series 2017, 5.00% <br> 1/1/2028 <sup>(a)</sup>  | 250 | 253 |
| Housing Fin. Commission, Nonprofit Housing Rev. and Rev. Ref. Bonds (Horizon House Project), Series 2025-B-3, <br> 4.375% 1/1/2033  | 1500 | 1507 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-B-1, 4.50% <br> 7/1/2030 <sup>(a)</sup>  | 470 | 470 |
| County of King, Limited Tax GO and Rev. Ref. Bonds, Series 2021-A, 4.00% 1/1/2026  | 1000 | 1000 |

---

---

| | |
|:---|:---|
| **231** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Washington (continued)** | **Washington (continued)** | **Washington (continued)** |
| County of King, Sewer Improvement and Rev. Ref. Bonds, Series 2016-B, 5.00% 7/1/2041 (preref. 7/1/2026)  | USD<br> 1,785<br>| $1806 |
| Port of Seattle, Intermediate Lien Rev. Ref. Bonds, Series 2024-A, 5.00% 3/1/2026  | 1455 | 1461 |
| Port of Seattle, Rev. Bonds, Series 2019, AMT, 5.00% 4/1/2029  | 2000 | 2125 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2026  | 2000 | 2021 |
| Various Purpose GO Bonds, Series 2017-D, 5.00% 2/1/2026  | 385 | 386 |
| Various Purpose GO Bonds, Series 2023-B, 5.00% 2/1/2026  | 1500 | 1503 |
| Various Purpose GO Rev. Ref. Bonds, Series 2022-R-C, 4.00% 7/1/2026  | 2045 | 2061 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-D, 5.00% 8/1/2029  | 2980 | 3244 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-B, 5.00% 7/1/2030  | 1890 | 2095 |
|  |  | 24046 |
| **West Virginia 0.20%** | **West Virginia 0.20%** | **West Virginia 0.20%** |
| Housing Dev. Fund, Multi Family Housing Rev. Bonds (Rivermont), Series 2025, 3.20% 2/1/2029 (put 2/1/2028)  | 1950 | 1953 |
| **Wisconsin 2.55%** | **Wisconsin 2.55%** | **Wisconsin 2.55%** |
| GO Bonds, Series 2020-B, 5.00% 5/1/2026  | 1400 | 1412 |
| GO Bonds, Series 2023-B, 5.00% 5/1/2026  | 1000 | 1008 |
| GO Rev. Ref. Bonds, Series 2025-2, 5.00% 5/1/2026  | 2000 | 2016 |
| GO Rev. Ref. Bonds, Series 2017-3, 5.00% 11/1/2027  | 1000 | 1034 |
| Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Senior Credit Group), Series 2016-A, 4.00% <br> 11/15/2046 (preref. 5/15/2026)  | 1210 | 1216 |
| Health and Educational Facs. Auth., Rev. Bonds (Capital Lakes, Inc.), Series 2025-B, 4.25% 11/15/2029  | 2500 | 2505 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2025-A, 6.25% 9/1/2055  | 5835 | 6496 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds (Social Bonds), Series 2024-C, 6.00% 3/1/2055  | 360 | 393 |
| Public Fin. Auth., Air Cargo Obligated Group Rev. Bonds (AFCO Airport Real Estate Group), Series 2023, AMT, 5.00% <br> 7/1/2031  | 1875 | 1997 |
| Public Fin. Auth., Infrastructure Program Anticipation Improvement and Rev. Ref. Bonds (Astro Texas Land Projects), <br> Series 2025, 5.00% 12/15/2036 <sup>(a)</sup>  | 723 | 717 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Mayfair Project), Series 2024-A-4, 5.50% <br>11/15/2032 <sup>(a)</sup>  | 994 | 996 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Two Step Project), CAB, Series 2024, 0% <br>12/15/2034 <sup>(a)</sup>  | 1545 | 908 |
| Public Fin. Auth., Rev. Ref. Bonds (Celanese Corp.), Series 2016-C, AMT, 4.30% 11/1/2030  | 2000 | 2000 |
| Public Fin. Auth., Special Fac. Rev. Bonds (Million Air Three LLC General Aviation Facs. Project), Series 2024-A, AMT, <br> 5.50% 9/1/2030 <sup>(a)</sup>  | 130 | 136 |
| Public Fin. Auth., Special Rev. Bonds (Candela Project), Series 2023, 6.125% 12/15/2029 <sup>(a)</sup>  | 100 | 101 |
| Public Fin. Auth., Special Rev. Bonds (Signorelli Projects, Municipal Utility Dists., Montgomery and Waller Counties), <br> Series 2024, 5.375% 12/15/2032 <sup>(a)</sup>  | 294 | 294 |
| University of Wisconsin, Hospitals and Clinics Auth., Rev. Green Bonds, Series 2024-A, 5.00% 4/1/2029  | 1000 | 1075 |
|  |  | 24304 |
| **Total bonds, notes & other debt instruments** (cost: $888,897,000) |  | 898234 |
| Short-term securities 6.02% |  |  |
| **Municipals 6.02%** | **Municipals 6.02%** | **Municipals 6.02%** |
| State of Alaska, City of Valdez, Marine Terminal Rev. Ref. Bonds (Exxon Pipeline Co. Project), Series 1993-A, 2.50% <br> 12/1/2033 <sup>(b)</sup>  | 1100 | 1100 |
| State of Florida, City of Gainesville, Utilities System Rev. Bonds, Series 2019-C, 2.58% 10/1/2047 <sup>(b)</sup>  | 115 | 115 |
| State of Florida, Fin. Auth., Econ. Dev. Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-A, AMT, 3.45% <br> 5/1/2028 (put 3/2/2026) <sup>(e)</sup>  | 2890 | 2890 |
| State of Hawaii, Dept. of Budget and Fin., Special Purpose Rev. Bonds (The Queen's Health Systems), Series 2025-B, <br> 2.30% 7/1/2060 <sup>(b)</sup>  | 1900 | 1900 |
| State of Illinois, Fin. Auth., Demand Rev. Bonds (University of Chicago Medical Center), Series 2011-A, 2.50% <br>8/1/2044 <sup>(b)</sup>  | 1250 | 1250 |
| State of Louisiana, Parish of East Baton Rouge, Pollution Control Rev. Ref. Bonds (ExxonMobil Project), Series 2010-A, <br> 2.52% 8/1/2035 <sup>(b)</sup>  | 1100 | 1100 |
| State of Maryland, County of Montgomery, GO Consolidated Public Improvement Bonds, Series 2017-E, 2.45% <br> 11/1/2037 <sup>(b)</sup>  | 3400 | 3400 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **232** |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Short-term securities (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Municipals (continued)** | **Municipals (continued)** | **Municipals (continued)** |
| State of Minnesota, GO State Trunk Highway Rev. Ref. Bonds, Series 2025-E, 5.00% 8/1/2026  | USD<br> 2,000<br>| $2029 |
| State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), <br> Series 2000-B, 2.40% 3/1/2040 <sup>(b)</sup>  | 2000 | 2000 |
| State of New York, New York City GO Bonds, Fiscal 2008, Series 2008-L-3, 2.50% 4/1/2036 <sup>(b)</sup>  | 2200 | 2200 |
| State of New York, New York City GO Bonds, Fiscal 2013, Series 2013-F-3, 2.50% 3/1/2042 <sup>(b)</sup>  | 1700 | 1700 |
| State of New York, New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2019, Series 2019-B-4, 2.50% <br> 8/1/2042 <sup>(b)</sup>  | 6400 | 6400 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Bonds, Series 2001-C, 2.50% 1/1/2032 <sup>(b)</sup>  | 2125 | 2125 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds, Series 2005-B-3, 2.50% 1/1/2035 <sup>(b)</sup>  | 3560 | 3560 |
| State of Ohio, Hospital Rev. Bonds (Cleveland Clinic Health System Obligated Group), Series 2013-B-3, 2.55% <br> 1/1/2039 <sup>(b)</sup>  | 100 | 100 |
| State of Pennsylvania, Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series <br> 2019-B-2, AMT, 3.85% 4/1/2049 (put 1/15/2026) <sup>(e)</sup>  | 1110 | 1110 |
| State of South Carolina, Jobs-Econ. Dev. Auth., Hospital Rev. Bonds (Prisma Health Obligated Group), Series 2018-B, <br> 2.45% 5/1/2048 <sup>(b)</sup>  | 15905 | 15905 |
| State of Texas, County of Collin, Limited Tax Permanent Improvement and Rev. Ref. Bonds, Series 2025, 5.00% <br> 2/15/2026  | 900 | 903 |
| State of Texas, Keller Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2025, 5.00% 2/15/2026  | 3000 | 3008 |
| State of Texas, San Antonio Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% <br> 8/15/2026  | 1155 | 1173 |
| State of Texas, Sherman Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% <br> 2/15/2026  | 770 | 772 |
| State of Wyoming, County of Lincoln, Pollution Control Rev. Ref. Bonds (ExxonMobil Project), Series 2014, 2.52% <br> 10/1/2044 <sup>(b)</sup>  | 2700 | 2700 |
|  |  | 57440 |
| **Total short-term securities** (cost: $57,440,000) |  | 57440 |
| **Total investment securities 100.20%** (cost: $946,337,000) |  | 955674 |
| Other assets less liabilities (0.20)% |  | (1861)<br>|
| **Net assets 100.00%** |  | $953813 |

---

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| 3.3665% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/16/2027 | USD55,440 | &nbsp;&nbsp;&nbsp;&nbsp; $52 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $52 |
| SOFR | Annual | 3.60% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/28/2035 | &nbsp;&nbsp;&nbsp;&nbsp; 21777 | &nbsp;&nbsp;&nbsp;&nbsp; 341 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 341 |
| 3.768% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/10/2035 | &nbsp;&nbsp;&nbsp;&nbsp; 9117 | &nbsp;&nbsp;&nbsp;&nbsp; (17)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $376 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $376 |

---

---

| | |
|:---|:---|
| **233** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Short Duration Municipal Income ETF (continued)

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

<sup>(a)</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 $36,725,000, which represented 3.85% of the net assets of the fund. 

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

<sup>(d)</sup> Scheduled interest and/or principal payment was not received.

<sup>(e)</sup> For short-term securities, the mandatory put date is considered to be the maturity date.

---

| |
|:---|
| **Key to abbreviation(s)** |
| Agcy. = Agency |
| AGI = Assured Guaranty insured |
| AMBAC = American Municipal Bond Assurance Company insured |
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| BAM = Build America Mutual insured |
| CAB = Capital Appreciation Bonds |
| Certs. = Certificates |
| Dept. = Department |
| Dev. = Development |
| Dist. = District |
| Dists. = Districts |

---

---

| |
|:---|
| Econ. = Economic |
| Fac. = Facility |
| Facs. = Facilities |
| FHA = Federal Housing Administration insured |
| Fin. = Finance |
| Fncg. = Financing |
| GO = General Obligation |
| NATL = National Public Finance Guarantee Corp. insured |
| preref. = Prerefunded |
| Redev. = Redevelopment |
| Ref. = Refunding |
| Rev. = Revenue |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **234** |

---

------

Capital Group Ultra Short Income ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 78.10% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes 52.04%** | **Corporate bonds and notes 52.04%** | **Corporate bonds and notes 52.04%** |
| **Financials 25.56%** |  |  |
| AerCap Ireland Capital DAC 1.75% 1/30/2026  | USD<br> 250<br>| $250 |
| Arthur J. Gallagher & Co. 4.60% 12/15/2027  | 874 | 884 |
| Bank of America Corp. 6.22% 9/15/2026  | 400 | 406 |
| Bank of America Corp. 5.08% 1/20/2027 (USD-SOFR + 1.29% on 1/20/2026) <sup>(a)</sup>  | 900 | 900 |
| Bank of America Corp. 1.658% 3/11/2027 (USD-SOFR + 0.91% on 3/11/2026) <sup>(a)</sup>  | 2200 | 2190 |
| Bank of Montreal 4.062% 9/22/2028 (USD-SOFR Index + 0.75% on 9/22/2027) <sup>(a)</sup>  | 400 | 401 |
| Bank of Nova Scotia (The) 4.043% 9/15/2028 (USD-SOFR + 0.76% on 9/15/2027) <sup>(a)</sup>  | 600 | 600 |
| Barclays PLC 4.375% 1/12/2026  | 500 | 500 |
| Barclays PLC 5.20% 5/12/2026  | 1925 | 1934 |
| Brown & Brown, Inc. 4.60% 12/23/2026  | 1250 | 1257 |
| Canadian Imperial Bank of Commerce 4.508% 9/11/2027 (USD-SOFR + 0.93% on 9/11/2026) <sup>(a)</sup>  | 1422 | 1427 |
| Capital One Financial Corp. 3.75% 7/28/2026  | 1900 | 1896 |
| Charles Schwab Corp. (The) 3.45% 2/13/2026  | 514 | 514 |
| Charles Schwab Corp. (The) 0.90% 3/11/2026  | 200 | 199 |
| Charles Schwab Corp. (The) 5.875% 8/24/2026  | 150 | 152 |
| Citigroup, Inc. 3.70% 1/12/2026  | 600 | 600 |
| Citigroup, Inc. 4.60% 3/9/2026  | 2900 | 2902 |
| Citigroup, Inc. 1.462% 6/9/2027 (USD-SOFR + 0.67% on 6/9/2026) <sup>(a)</sup>  | 400 | 395 |
| Citigroup, Inc., 4.643% 5/7/2028 (USD-SOFR + 1.143% on 5/7/2027) <sup>(a)</sup>  | 950 | 958 |
| Cooperatieve Rabobank UA 3.75% 7/21/2026  | 1650 | 1646 |
| Deutsche Bank AG 4.10% 1/13/2026  | 927 | 927 |
| Deutsche Bank AG 4.10% 1/13/2026  | 700 | 700 |
| Deutsche Bank AG 1.686% 3/19/2026  | 250 | 249 |
| Deutsche Bank AG 7.146% 7/13/2027 (USD-SOFR + 2.52% on 7/13/2026) <sup>(a)</sup>  | 725 | 736 |
| Fifth Third Bank, National Association 3.85% 3/15/2026  | 3100 | 3098 |
| Goldman Sachs Group, Inc. 4.387% 6/15/2027 (USD-SOFR + 1.51% on 6/15/2026) <sup>(a)</sup>  | 2034 | 2037 |
| Goldman Sachs Group, Inc. 1.542% 9/10/2027 (USD-SOFR + 0.818% on 9/10/2026) <sup>(a)</sup>  | 400 | 393 |
| HSBC Holdings PLC 4.30% 3/8/2026  | 700 | 700 |
| Intesa Sanpaolo SpA 5.71% 1/15/2026 <sup>(b)</sup>  | 300 | 300 |
| JPMorgan Chase & Co. 3.30% 4/1/2026  | 200 | 200 |
| JPMorgan Chase & Co. 1.04% 2/4/2027 (USD-SOFR + 0.695% on 2/4/2026) <sup>(a)</sup>  | 300 | 299 |
| JPMorgan Chase & Co. 1.578% 4/22/2027 (USD-SOFR + 0.885% on 4/22/2026) <sup>(a)</sup>  | 1900 | 1886 |
| JPMorgan Chase & Co. 6.07% 10/22/2027 (USD-SOFR + 1.33% on 10/22/2026) <sup>(a)</sup>  | 200 | 203 |
| JPMorgan Chase & Co. 4.505% 10/22/2028 (USD-SOFR + 0.86% on 10/22/2027) <sup>(a)</sup>  | 500 | 505 |
| Lloyds Banking Group PLC 4.65% 3/24/2026  | 700 | 701 |
| Met Tower Global Funding 4.80% 1/14/2028 <sup>(b)</sup>  | 450 | 458 |
| Morgan Stanley 3.875% 1/27/2026  | 1100 | 1100 |
| Morgan Stanley 4.35% 9/8/2026  | 200 | 200 |
| Morgan Stanley 1.593% 5/4/2027 (USD-SOFR + 0.879% on 5/4/2026) <sup>(a)</sup>  | 800 | 793 |
| Morgan Stanley 1.512% 7/20/2027 (USD-SOFR + 0.858% on 7/20/2026) <sup>(a)</sup>  | 300 | 296 |
| Morgan Stanley Private Bank, National Association 4.204% 11/17/2028 (USD-SOFR + 0.78% on <br> 11/17/2027) <sup>(a)</sup>  | 500 | 502 |
| NatWest Group PLC 4.80% 4/5/2026  | 500 | 501 |
| 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>(a)</sup>  | 300 | 297 |
| Navient Corp. 6.75% 6/15/2026  | 600 | 608 |
| Navient Corp. 5.00% 3/15/2027  | 500 | 501 |
| PNC Bank, NA 4.543% 5/13/2027 (USD-SOFR + 0.63% on 5/13/2026) <sup>(a)</sup>  | 930 | 931 |
| PNC Financial Services Group, Inc. 1.15% 8/13/2026  | 200 | 197 |
| PNC Financial Services Group, Inc. 5.102% 7/23/2027 (USD-SOFR + 0.796% on 7/23/2026) <sup>(a)</sup>  | 400 | 402 |
| Royal Bank of Canada 4.65% 1/27/2026  | 925 | 925 |
| State Street Corp. 4.543% 4/24/2028 (USD-SOFR + 0.95% on 4/24/2027) <sup>(a)</sup>  | 554 | 559 |
| Toronto-Dominion Bank (The) 0.75% 1/6/2026  | 300 | 300 |
| Toronto-Dominion Bank (The) 4.568% 12/17/2026  | 850 | 855 |
| Truist Bank 3.30% 5/15/2026  | 600 | 598 |
| U.S. Bancorp 3.10% 4/27/2026  | 1350 | 1347 |
| UBS Group AG 1.494% 8/10/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on <br> 8/10/2026) <sup>(a)(b)</sup>  | 400 | 394 |

---

---

| | |
|:---|:---|
| **235** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Financials (continued)** |  |  |
| Wells Fargo & Co. 3.00% 4/22/2026  | USD<br> 300<br>| $299 |
| Wells Fargo & Co. 4.10% 6/3/2026  | 2145 | 2145 |
| Wells Fargo & Co. 3.196% 6/17/2027 (3-month USD CME Term SOFR + 1.432% on 6/17/2026) <sup>(a)</sup>  | 556 | 554 |
|  |  | 47707 |
| **Consumer discretionary 5.23%** |  |  |
| Ford Motor Credit Co., LLC 4.389% 1/8/2026  | 250 | 250 |
| Ford Motor Credit Co., LLC 6.95% 3/6/2026  | 1750 | 1754 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026  | 600 | 605 |
| Ford Motor Credit Co., LLC 2.70% 8/10/2026  | 1350 | 1337 |
| Ford Motor Credit Co., LLC 5.125% 11/5/2026  | 750 | 754 |
| Ford Motor Credit Co., LLC 4.125% 8/17/2027  | 300 | 298 |
| General Motors Financial Co., Inc. 1.25% 1/8/2026  | 300 | 300 |
| General Motors Financial Co., Inc. 5.25% 3/1/2026  | 1000 | 1001 |
| General Motors Financial Co., Inc. 5.40% 4/6/2026  | 400 | 402 |
| General Motors Financial Co., Inc. 4.20% 10/27/2028  | 527 | 528 |
| Hyundai Capital America 4.30% 9/24/2027 <sup>(b)</sup>  | 200 | 201 |
| Hyundai Capital America 4.875% 11/1/2027 <sup>(b)</sup>  | 100 | 101 |
| Hyundai Capital America 4.25% 9/18/2028 <sup>(b)</sup>  | 167 | 167 |
| Royal Caribbean Cruises, Ltd. 5.375% 7/15/2027 <sup>(b)</sup>  | 2050 | 2066 |
|  |  | 9764 |
| **Utilities 4.46%** |  |  |
| CMS Energy Corp. 3.00% 5/15/2026  | 1000 | 996 |
| Edison International 4.125% 3/15/2028  | 400 | 396 |
| FirstEnergy Corp., Series B, 4.15% 7/15/2027  | 1250 | 1246 |
| NextEra Energy Capital Holdings, Inc. 4.685% 9/1/2027  | 275 | 278 |
| Pacific Gas and Electric Co. 3.15% 1/1/2026  | 750 | 750 |
| Pacific Gas and Electric Co. 2.95% 3/1/2026  | 545 | 544 |
| Pacific Gas and Electric Co. 2.10% 8/1/2027  | 945 | 917 |
| Pacific Gas and Electric Co. 3.00% 6/15/2028  | 450 | 436 |
| Southern California Edison Co. 1.20% 2/1/2026  | 1150 | 1146 |
| Southern California Edison Co. 5.35% 3/1/2026  | 150 | 150 |
| Southern California Edison Co. 4.90% 6/1/2026  | 500 | 501 |
| Southern California Edison Co. 4.40% 9/6/2026  | 400 | 401 |
| Southern California Edison Co. 5.65% 10/1/2028  | 300 | 311 |
| Southern Co. (The) 3.25% 7/1/2026  | 250 | 249 |
|  |  | 8321 |
| **Consumer staples 3.34%** |  |  |
| Altria Group, Inc. 4.40% 2/14/2026  | 1700 | 1700 |
| BAT International Finance PLC 1.668% 3/25/2026  | 876 | 871 |
| Conagra Brands, Inc. 1.375% 11/1/2027  | 800 | 761 |
| Mars, Inc. 4.45% 3/1/2027 <sup>(b)</sup>  | 500 | 504 |
| Philip Morris International, Inc. 0.875% 5/1/2026  | 200 | 198 |
| Philip Morris International, Inc. 4.375% 11/1/2027  | 200 | 202 |
| Philip Morris International, Inc. 4.125% 4/28/2028  | 600 | 603 |
| Philip Morris International, Inc. 3.875% 10/27/2028  | 300 | 300 |
| Procter & Gamble Co. 4.10% 1/26/2026  | 200 | 200 |
| Procter & Gamble Co. 2.70% 2/2/2026  | 900 | 899 |
|  |  | 6238 |
| **Health care 3.32%** |  |  |
| AstraZeneca PLC 0.70% 4/8/2026  | 500 | 496 |
| Baxter International, Inc. 1.915% 2/1/2027  | 44 | 43 |
| Baxter International, Inc. 4.45% 2/15/2029  | 85 | 85 |
| CVS Health Corp. 5.00% 2/20/2026  | 1335 | 1336 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **236** |

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Health care (continued)** |  |  |
| CVS Health Corp. 2.875% 6/1/2026  | USD<br> 400<br>| $398 |
| CVS Health Corp. 6.25% 4/1/2027  | 500 | 498 |
| Elevance Health, Inc. 4.50% 10/30/2026  | 200 | 201 |
| HCA, Inc. 5.25% 6/15/2026  | 250 | 250 |
| HCA, Inc. 5.00% 3/1/2028  | 100 | 102 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026  | 1800 | 1783 |
| UnitedHealth Group, Inc. 1.25% 1/15/2026  | 200 | 200 |
| UnitedHealth Group, Inc. 3.10% 3/15/2026  | 100 | 100 |
| Utah Acquisition Sub, Inc. 3.95% 6/15/2026  | 700 | 698 |
|  |  | 6190 |
| **Energy 2.57%** |  |  |
| Energy Transfer, LP 4.75% 1/15/2026  | 300 | 300 |
| Occidental Petroleum Corp. 8.50% 7/15/2027  | 100 | 105 |
| Occidental Petroleum Corp. 5.00% 8/1/2027  | 469 | 478 |
| ONEOK, Inc. 4.85% 7/15/2026  | 1125 | 1128 |
| Petroleos Mexicanos 6.49% 1/23/2027  | 200 | 203 |
| Petroleos Mexicanos 6.50% 3/13/2027  | 2350 | 2386 |
| Repsol E&P Capital Markets US, LLC 4.805% 9/16/2028 <sup>(b)</sup>  | 200 | 202 |
|  |  | 4802 |
| **Industrials 2.07%** |  |  |
| Air Lease Corp. 2.875% 1/15/2026  | 550 | 550 |
| Boeing Co. (The) 2.75% 2/1/2026  | 2019 | 2017 |
| Boeing Co. (The) 2.196% 2/4/2026  | 300 | 299 |
| Boeing Co. (The) 3.10% 5/1/2026  | 800 | 797 |
| Boeing Co. (The) 5.04% 5/1/2027  | 200 | 202 |
|  |  | 3865 |
| **Communication services 1.85%** |  |  |
| CCO Holdings, LLC 5.50% 5/1/2026 <sup>(b)</sup>  | 750 | 752 |
| Charter Communications Operating, LLC 3.75% 2/15/2028  | 250 | 246 |
| Charter Communications Operating, LLC 4.20% 3/15/2028  | 500 | 498 |
| TCI Communications, Inc. 7.875% 2/15/2026  | 110 | 110 |
| T-Mobile USA, Inc. 2.25% 2/15/2026  | 1846 | 1842 |
|  |  | 3448 |
| **Information technology 1.84%** |  |  |
| Amphenol Corp. 3.80% 11/15/2027  | 500 | 499 |
| Broadcom, Inc. 4.15% 2/15/2028  | 150 | 150 |
| Cisco Systems, Inc. 4.90% 2/26/2026  | 400 | 401 |
| Intel Corp. 4.875% 2/10/2026  | 50 | 50 |
| Microchip Technology, Inc. 4.90% 3/15/2028  | 499 | 506 |
| Oracle Corp. 1.65% 3/25/2026  | 200 | 199 |
| Oracle Corp. 4.80% 8/3/2028  | 1108 | 1114 |
| Synopsys, Inc. 4.55% 4/1/2027  | 500 | 504 |
|  |  | 3423 |
| **Real estate 1.69%** |  |  |
| Alexandria Real Estate Equities, Inc. 4.30% 1/15/2026  | 400 | 400 |
| Boston Properties, LP 3.65% 2/1/2026  | 450 | 450 |
| Boston Properties, LP 2.75% 10/1/2026  | 825 | 817 |
| COPT Defense Properties, LP 2.25% 3/15/2026  | 600 | 597 |
| Equinix, Inc. 1.45% 5/15/2026  | 100 | 99 |
| Ladder Capital Finance Holdings LLLP 4.25% 2/1/2027 <sup>(b)</sup>  | 800 | 795 |
|  |  | 3158 |

---

---

| | |
|:---|:---|
| **237** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Materials 0.11%** |  |  |
| Rio Tinto Finance (USA) PLC 4.375% 3/12/2027  | USD<br> 200<br>| $201 |
| **Total corporate bonds and notes** |  | 97117 |
| **Asset-backed obligations 22.25%** | **Asset-backed obligations 22.25%** | **Asset-backed obligations 22.25%** |
| **Auto loan 11.26%** |  |  |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class A, 4.81% 9/12/2028 <sup>(b)(c)</sup>  | 144 | 145 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2, Class A, 2.02% 2/20/2027 <sup>(b)(c)</sup>  | 200 | 200 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2A, Class B, 2.96% 2/20/2027 <sup>(b)(c)</sup>  | 53 | 53 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class C, 6.24% 4/20/2027 <sup>(b)(c)</sup>  | 67 | 67 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2021-1A, Class A, 1.38% 8/20/2027 <sup>(b)(c)</sup>  | 300 | 297 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class A, 5.20% 10/20/2027 <sup>(b)(c)</sup>  | 500 | 503 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class B, 6.03% 10/20/2027 <sup>(b)(c)</sup>  | 250 | 253 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-3A, Class A, 5.44% 2/22/2028 <sup>(b)(c)</sup>  | 500 | 506 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-5, Class A, 5.78% 4/20/2028 <sup>(b)(c)</sup>  | 750 | 763 |
| Bridgecrest Lending Auto Securitization Trust, Series 2025-4, Class A2, 4.35% 6/15/2028 <sup>(c)</sup>  | 631 | 632 |
| Bridgecrest Lending Auto Securitization Trust, Series 2023-1, Class B, 6.80% 8/15/2029 <sup>(c)</sup>  | 159 | 160 |
| Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.72% 9/11/2028 <sup>(c)</sup>  | 90 | 88 |
| Carvana Auto Receivables Trust, Series 2024-N1, Class B, 5.63% 5/10/2030 <sup>(b)(c)</sup>  | 250 | 252 |
| CPS Auto Receivables Trust, Series 2024-A, Class B, 5.65% 5/15/2028 <sup>(b)(c)</sup>  | 110 | 110 |
| CPS Auto Receivables Trust, Series 2024-D, Class A, 4.91% 6/15/2028 <sup>(b)(c)</sup>  | 389 | 389 |
| CPS Auto Receivables Trust, Series 2022-C, Class D, 6.45% 4/15/2030 <sup>(b)(c)</sup>  | 600 | 606 |
| CPS Auto Trust, Series 2025-D, Class A, 4.46% 7/16/2029 <sup>(b)(c)</sup>  | 140 | 140 |
| Drive Auto Receivables Trust, Series 2024-2, Class B, 4.52% 7/16/2029 <sup>(c)</sup>  | 350 | 352 |
| Enterprise Fleet Financing, LLC, Series 2024-4, Class A2, 4.69% 7/20/2027 <sup>(b)(c)</sup>  | 230 | 231 |
| Enterprise Fleet Financing, LLC, Series 2022-1, Class A3, 3.27% 1/20/2028 <sup>(b)(c)</sup>  | 53 | 53 |
| Enterprise Fleet Financing, LLC, Series 2025-4, Class A2, 4.05% 8/20/2028 <sup>(b)(c)</sup>  | 300 | 301 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class C, 6.21% 6/15/2028 <sup>(c)</sup>  | 649 | 652 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class A3, 4.24% 11/15/2029 <sup>(c)</sup>  | 67 | 67 |
| Exeter Select Automobile Receivables Trust, Series 2025-1, Class A2, 4.83% 10/16/2028 <sup>(c)</sup>  | 28 | 28 |
| GLS Auto Receivables Trust, Series 2025-2A, Class A2, 4.75% 3/15/2028 <sup>(b)(c)</sup>  | 146 | 146 |
| GLS Auto Receivables Trust, Series 2025-3A, Class A2, 4.52% 7/17/2028 <sup>(b)(c)</sup>  | 700 | 701 |
| GLS Auto Receivables Trust, Series 2025-4A, Class A3, 4.29% 7/16/2029 <sup>(b)(c)</sup>  | 40 | 40 |
| GLS Auto Receivables Trust, Series 2025-2A, Class B, 4.97% 10/15/2029 <sup>(b)(c)</sup>  | 900 | 909 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class A2, 4.43% 12/17/2029 <sup>(b)(c)</sup>  | 31 | 31 |
| GMF Floorplan Owner Revolving Trust, Series 2024-1, Class A1, 5.13% 3/15/2029 <sup>(b)(c)</sup>  | 750 | 762 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class A, 5.49% 6/25/2027 <sup>(b)(c)</sup>  | 750 | 753 |
| Hertz Vehicle Financing III, LLC, Series 2022-2A, Class A, 2.33% 6/26/2028 <sup>(b)(c)</sup>  | 560 | 547 |
| Hertz Vehicle Financing, LLC, Series 2023-1A, Class B, 6.22% 6/25/2027 <sup>(b)(c)</sup>  | 150 | 151 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class A, 1.68% 12/27/2027 <sup>(b)(c)</sup>  | 450 | 442 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class B, 2.12% 12/27/2027 <sup>(b)(c)</sup>  | 750 | 736 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class C, 2.52% 12/27/2027 <sup>(b)(c)</sup>  | 250 | 245 |
| Hertz Vehicle Financing, LLC, Series 2023-3A, Class A, 5.94% 2/25/2028 <sup>(b)(c)</sup>  | 512 | 520 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(b)(c)</sup>  | 100 | 101 |
| Huntington National Bank (The), Series 2024-1, Class B2, (30-day Average USD-SOFR + 1.40%) 5.318% <br> 5/20/2032 <sup>(b)(c)(d)</sup>  | 237 | 238 |
| Huntington National Bank (The), Series 2024-2, Class B2, (30-day Average USD-SOFR + 1.35%) 5.268% <br> 10/20/2032 <sup>(b)(c)(d)</sup>  | 244 | 245 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(b)(c)</sup>  | 300 | 301 |
| LAD Auto Receivables Trust, Series 2024-2, Class A3, 5.61% 8/15/2028 <sup>(b)(c)</sup>  | 78 | 78 |
| PenFed Auto Receivables Owner Trust, Series 2025-A, Class A2, 4.12% 9/15/2028 <sup>(b)(c)</sup>  | 198 | 198 |
| Santander Drive Auto Receivables Trust, Series 2024-5, Class A3, 4.62% 11/15/2028 <sup>(c)</sup>  | 982 | 984 |
| Santander Drive Auto Receivables Trust, Series 2024-3, Class B, 5.55% 9/17/2029 <sup>(c)</sup>  | 260 | 263 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(b)(c)</sup>  | 626 | 632 |
| SFS Auto Receivables Securitization Trust, Series 2024-1, Class A3, 4.95% 5/21/2029 <sup>(b)(c)</sup>  | 460 | 463 |
| Space Coast Credit Union, Series 2025-1A, Class A2, 4.67% 11/15/2028 <sup>(b)(c)</sup>  | 485 | 487 |
| Stellantis Financial Underwritten Enhanced Lease Trust, Series 2025-AA, Class A2, 4.63% 7/20/2027 <sup>(b)(c)</sup>  | 61 | 61 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class B, 4.728% 9/26/2033 <sup>(b)(c)</sup>  | 227 | 227 |
| United Auto Credit Securitization Trust, Series 2025-1, Class A, 4.80% 6/10/2027 <sup>(b)(c)</sup>  | 52 | 52 |
| United Auto Credit Securitization Trust, Series 2025-1, Class C, 5.15% 6/10/2030 <sup>(b)(c)</sup>  | 680 | 684 |
| VStrong Auto Receivables Trust, Series 2024-A, Class B, 5.77% 7/15/2030 <sup>(b)(c)</sup>  | 449 | 456 |
| Western Funding Auto Loan Trust, Series 2025-1, Class A, 4.75% 7/16/2035 <sup>(b)(c)</sup>  | 56 | 57 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **238** |

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Westlake Automobile Receivables Trust, Series 2025-P1, Class A2, 4.65% 2/15/2028 <sup>(b)(c)</sup>  | USD<br> 775<br>| $778 |
| Westlake Automobile Receivables Trust, Series 2024-2, Class A3, 5.56% 2/15/2028 <sup>(b)(c)</sup>  | 500 | 502 |
| Westlake Automobile Receivables Trust, Series 2024-3A, Class A3, 4.71% 4/17/2028 <sup>(b)(c)</sup>  | 400 | 401 |
| Westlake Automobile Receivables Trust, Series 2025-2A, Class A2A, 4.66% 9/15/2028 <sup>(b)(c)</sup>  | 400 | 401 |
| Westlake Flooring Master Trust, Series 2025-1A, Class A, 4.23% 10/15/2029 <sup>(b)(c)</sup>  | 187 | 187 |
| Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(b)(c)</sup>  | 384 | 388 |
|  |  | 21015 |
| **Other asset-backed securities 8.08%** |  |  |
| ACHV ABS Trust, Series 2024-2PL, Class A, 5.07% 10/27/2031 <sup>(b)(c)</sup>  | 39 | 39 |
| ACHV ABS Trust, Series 2024-3AL, Class A, 5.01% 12/26/2031 <sup>(b)(c)</sup>  | 282 | 285 |
| ACHV ABS Trust, Series 2025-1PL, Class A, 4.76% 4/26/2032 <sup>(b)(c)</sup>  | 33 | 33 |
| Affirm Asset Securitization Trust, Series 2025-X2, Class A, 4.45% 10/15/2030 <sup>(b)(c)</sup>  | 457 | 458 |
| Affirm, Inc., Series 2024, Class 1A, 5.61% 2/15/2029 <sup>(b)(c)</sup>  | 1050 | 1052 |
| Affirm, Inc., Series 2024-X2, Class A, 5.22% 12/17/2029 <sup>(b)(c)</sup>  | 19 | 19 |
| Affirm, Inc., Series 2025-X1, Class A, 5.08% 4/15/2030 <sup>(b)(c)</sup>  | 71 | 71 |
| Ansley Park Capital, LLC, Series 2025-A, Class A2, 4.43% 4/20/2035 <sup>(b)(c)</sup>  | 163 | 164 |
| Auxilior Term Funding, LLC, Series 2023-1A, Class A3, 5.70% 2/15/2030 <sup>(b)(c)</sup>  | 150 | 152 |
| Auxilior Term Funding, LLC, Series 24-1, Class A3, 5.49% 7/15/2031 <sup>(b)(c)</sup>  | 255 | 260 |
| AXIS Equipment Finance Receivables, LLC, Series 2022-2A, Class B, 5.65% 10/20/2028 <sup>(b)(c)</sup>  | 400 | 402 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class A2, 5.05% 3/15/2029 <sup>(b)(c)</sup>  | 94 | 94 |
| CAL Funding IV, Ltd., Series 2020-1A, Class A, 2.22% 9/25/2045 <sup>(b)(c)</sup>  | 452 | 434 |
| Capteris Equipment Finance, Series 2024-1, Class A2, 5.58% 7/20/2032 <sup>(b)(c)</sup>  | 285 | 290 |
| CCG Receivables Trust, Series 2023-2, Class A2, 6.28% 4/14/2032 <sup>(b)(c)</sup>  | 374 | 379 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class A2, 4.71% 8/20/2032 <sup>(b)(c)</sup>  | 51 | 52 |
| CLI Funding VIII, LLC, Series 2021-1A, Class A, 2.38% 2/18/2046 <sup>(b)(c)</sup>  | 48 | 44 |
| Commercial Equipment Finance, Series 2025-1A, Class A, 4.83% 5/15/2031 <sup>(b)(c)</sup>  | 149 | 150 |
| Dext ABS, LLC, Series 2025-2, Class A2, 4.10% 4/17/2028 <sup>(b)(c)</sup>  | 144 | 144 |
| Frontier Issuer, LLC, Series 2023-1, Class A2, 6.60% 8/20/2053 <sup>(b)(c)</sup>  | 200 | 202 |
| GreatAmerica Leasing Receivables Funding, LLC, Series 2024-1, Class A3, 4.98% 1/18/2028 <sup>(b)(c)</sup>  | 830 | 837 |
| HPEFS Equipment Trust, Series 2024-2, Class B, 5.35% 10/20/2031 <sup>(b)(c)</sup>  | 370 | 374 |
| Merchants Fleet Funding, LLC, Series 2024-1, Class A, 5.82% 4/20/2037 <sup>(b)(c)</sup>  | 398 | 401 |
| MMAF Equipment Finance, LLC, Series 20-A, Class A3, 0.97% 4/9/2027 <sup>(b)(c)</sup>  | 151 | 150 |
| MMP Capital, Series 2025-A, Class A, 5.36% 12/15/2031 <sup>(b)(c)</sup>  | 79 | 80 |
| NMEF Funding, LLC, Series 2024-A, Class A2, 5.15% 12/15/2031 <sup>(b)(c)</sup>  | 343 | 345 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(b)(c)</sup>  | 1037 | 1042 |
| NMEF Funding, LLC, Series 2025-B, Class A2, 4.64% 1/18/2033 <sup>(b)(c)</sup>  | 127 | 128 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 <sup>(b)(c)</sup>  | 250 | 253 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class A, 5.08% 4/19/2032 <sup>(b)(c)</sup>  | 400 | 403 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-2A, Class A, 4.84% 11/17/2032 <sup>(b)(c)</sup>  | 100 | 101 |
| Pagaya AI Debt Selection Trust, Series 2025-R3, Class A, 4.841% 1/18/2033 <sup>(b)(c)</sup>  | 268 | 269 |
| Pagaya Point Of Sale Holdings Grantor Trust, Series 2025-2, Class A, 5.065% 7/20/2033 <sup>(b)(c)</sup>  | 508 | 511 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A2, 4.74% 4/20/2027 <sup>(b)(c)</sup>  | 40 | 40 |
| PFS Financing Corp., Series 2023-B, Class A, 5.27% 5/15/2028 <sup>(b)(c)</sup>  | 580 | 583 |
| Post Road Equipment Finance, Series 2024-1, Class C, 5.81% 10/15/2030 <sup>(b)(c)</sup>  | 500 | 507 |
| Reach Financial, LLC, Series 2024-2, Class A, 5.88% 7/15/2031 <sup>(b)(c)</sup>  | 52 | 52 |
| Synchrony Card Issuance Trust, Series 2023-A2, Class A, 5.74% 10/15/2029 <sup>(c)</sup>  | 750 | 761 |
| Synchrony Card Issuance Trust, Series 2024-A2, Class A, 4.93% 7/15/2030 <sup>(c)</sup>  | 1000 | 1017 |
| Synchrony Card Issuance Trust, Series 2025-A3, Class A, 4.06% 11/17/2031 <sup>(c)</sup>  | 233 | 234 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(b)(c)</sup>  | 381 | 366 |
| Textainer Marine Containers, Ltd., Series 2020-3, Class A, 2.11% 9/20/2045 <sup>(b)(c)</sup>  | 386 | 370 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class B, 2.82% 4/20/2046 <sup>(b)(c)</sup>  | 63 | 59 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(b)(c)</sup>  | 161 | 162 |
| U.S. Bank National Association, Series 2025-SUP2, Class B1, 4.818% 9/25/2032 <sup>(b)(c)</sup>  | 230 | 231 |
| USQ Rail, Series 2021-3A, Class A, 2.21% 6/28/2051 <sup>(b)(c)</sup>  | 412 | 397 |
| Verdant Receivables, LLC, Series 2025-1A, Class A2, 4.85% 3/13/2028 <sup>(b)(c)</sup>  | 96 | 97 |
| Verizon Master Trust, Series 2025-3, Class A1A, 4.51% 3/20/2030 (5.26% on 11/20/2027) <sup>(a)(c)</sup>  | 76 | 77 |
| Verizon Master Trust, Series 2025-9, Class A1A, 3.96% 10/21/2030 (4.67% on 10/20/2027) <sup>(a)(c)</sup>  | 256 | 257 |

---

---

| | |
|:---|:---|
| **239** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| VFI ABS, LLC, Series 2025-1A, Class A, 4.78% 6/24/2030 <sup>(b)(c)</sup>  | USD<br> 85<br>| $85 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(b)(c)</sup>  | 68 | 68 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class A2, 4.33% 9/20/2033 <sup>(b)(c)</sup>  | 100 | 100 |
|  |  | 15081 |
| **Credit card 2.26%** |  |  |
| Avant Credit Card Master Trust, Series 2024-2A, Class A, 5.38% 5/15/2029 <sup>(b)(c)</sup>  | 200 | 201 |
| Brex Commercial Charge Card Master Trust, Series 2024-1, Class A1, 6.05% 7/15/2027 <sup>(b)(c)</sup>  | 1321 | 1325 |
| First National Master Note Trust, Series 2023-2, Class A, 5.77% 9/17/2029 <sup>(c)</sup>  | 750 | 760 |
| First National Master Note Trust, Series 2024-1, Class A, 5.34% 5/15/2030 <sup>(c)</sup>  | 550 | 561 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class A, 4.84% 9/15/2029 <sup>(b)(c)</sup>  | 100 | 100 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(b)(c)</sup>  | 690 | 694 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(b)(c)</sup>  | 100 | 101 |
| World Financial Network Credit Card Master Trust, Series 2023-A, Class A, 5.02% 3/15/2030 <sup>(c)</sup>  | 470 | 472 |
|  |  | 4214 |
| **Collateralized loan obligations 0.65%** |  |  |
| Apex Credit CLO, LLC, Series 2021-2A, Class A1AR, (3-month USD CME Term SOFR + 1.18%) 5.064% <br> 10/20/2034 <sup>(b)(c)(d)</sup>  | 312 | 312 |
| ARES CLO, Ltd., Series 2019-53A, Class A1R2, (3-month USD CME Term SOFR + 1.09%) 4.856% <br> 10/24/2036 <sup>(b)(c)(d)</sup>  | 339 | 339 |
| Dryden Senior Loan Fund, CLO, Series 2015-37, Class AR, (3-month USD CME Term SOFR + 1.362%) 5.266% <br> 1/15/2031 <sup>(b)(c)(d)</sup>  | 192 | 193 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class ARR, (3-month USD CME Term SOFR + 1.04%) 4.945% <br> 4/15/2032 <sup>(b)(c)(d)</sup>  | 149 | 149 |
| Trinitas CLO, Ltd., Series 2020-12A, Class A1R2, (3-month USD CME Term SOFR + 1.05%) 4.908% <br> 4/25/2033 <sup>(b)(c)(d)</sup>  | 214 | 214 |
|  |  | 1207 |
| **Total asset-backed obligations** |  | 41517 |
| **Mortgage-backed obligations 3.81%** | **Mortgage-backed obligations 3.81%** | **Mortgage-backed obligations 3.81%** |
| **Collateralized mortgage-backed obligations (privately originated) 2.40%** |  |  |
| BRAVO Residential Funding Trust, Series 2023-NQM8, Class A1, 6.394% 10/25/2063 (7.394% on <br> 11/1/2027) <sup>(a)(b)(c)</sup>  | 62 | 62 |
| Cascade Funding Mortgage Trust, Series 2024-HB13, Class A, 3.00% 5/25/2034 <sup>(b)(c)(d)</sup>  | 79 | 78 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(b)(c)(d)</sup>  | 53 | 52 |
| COLT Funding, LLC, Series 2023-3, Class A1, 7.18% 9/25/2068 (8.18% on 9/1/2027) <sup>(a)(b)(c)</sup>  | 57 | 58 |
| COLT Funding, LLC, Series 2023-4, Class A1, 7.163% 10/25/2068 (8.163% on 10/1/2027) <sup>(a)(b)(c)</sup>  | 425 | 431 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 4.974% 2/25/2044 <sup>(b)(c)(d)</sup>  | 173 | 173 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 4.874% 2/25/2045 <sup>(b)(c)(d)</sup>  | 10 | 10 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1M1, (30-day Average USD-SOFR + 1.15%) <br> 5.024% 2/25/2045 <sup>(b)(c)(d)</sup>  | 116 | 117 |
| Finance of America HECM Buyout, Series 24-HB1, Class A1A, 4.00% 10/1/2034 <sup>(b)(c)(d)</sup>  | 8 | 8 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA2, Class M1A, (30-day Average <br> USD-SOFR + 1.30%) 5.174% 2/25/2042 <sup>(b)(c)(d)</sup>  | 61 | 61 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.25%) 5.124% 5/25/2044 <sup>(b)(c)(d)</sup>  | 709 | 712 |
| Home Partners of America Trust, Series 2021-2, Class C, 2.402% 12/17/2026 <sup>(b)(c)</sup>  | 144 | 141 |
| MFRA Trust, Series 2025-NQM3, Class A1, 5.261% 8/25/2070 (6.261% on 7/1/2029) <sup>(a)(b)(c)</sup>  | 97 | 97 |
| Mill City Mortgage Trust, Series 15-1, Class M3, 3.768% 6/25/2056 <sup>(b)(c)(d)</sup>  | 442 | 439 |
| Onslow Bay Financial, LLC, Series 2023-NQM10, Class A1, 6.465% 10/25/2063 (7.465% on 11/1/2027) <sup>(a)(b)(c)</sup>  | 112 | 113 |
| Towd Point Mortgage Trust, Series 2015-5, Class M2, 3.50% 5/25/2055 <sup>(b)(c)(d)</sup>  | 24 | 23 |
| Towd Point Mortgage Trust, Series 2017-4, Class A1, 2.75% 6/25/2057 <sup>(b)(c)(d)</sup>  | 155 | 153 |
| Towd Point Mortgage Trust, Series 2017-3, Class A2, 3.00% 7/25/2057 <sup>(b)(c)(d)</sup>  | 305 | 302 |
| Towd Point Mortgage Trust, Series 2018-2, Class A1, 3.25% 3/25/2058 <sup>(b)(c)(d)</sup>  | 467 | 464 |
| Towd Point Mortgage Trust, Series 15-2, Class 1B2, 3.698% 11/25/2060 <sup>(b)(c)(d)</sup>  | 206 | 202 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **240** |

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | | |
|:---|:---|:---|:---|
| 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)** | **Mortgage-backed obligations (continued)** |
| **Collateralized mortgage-backed obligations (privately originated) (continued)** |  |  |  |
| Tricon Residential Trust, Series 2021-SFR1, Class A, 1.943% 7/17/2038 <sup>(b)(c)</sup>  | Tricon Residential Trust, Series 2021-SFR1, Class A, 1.943% 7/17/2038 <sup>(b)(c)</sup>  | USD<br> 398<br>| $393 |
| Tricorn American Homes, Series 2020-SFR1, Class B, 2.049% 7/17/2038 <sup>(b)(c)</sup>  | Tricorn American Homes, Series 2020-SFR1, Class B, 2.049% 7/17/2038 <sup>(b)(c)</sup>  | 200 | 197 |
| Verus Securitization Trust, Series 2023-4, Class A1, 5.811% 5/25/2068 (6.811% on 5/1/2027) <sup>(a)(b)(c)</sup>  | Verus Securitization Trust, Series 2023-4, Class A1, 5.811% 5/25/2068 (6.811% on 5/1/2027) <sup>(a)(b)(c)</sup>  | 91 | 91 |
| Verus Securitization Trust, Series 2025-7, Class A1, 5.129% 8/25/2070 (6.129% on 8/1/2029) <sup>(a)(b)(c)</sup>  | Verus Securitization Trust, Series 2025-7, Class A1, 5.129% 8/25/2070 (6.129% on 8/1/2029) <sup>(a)(b)(c)</sup>  | 97 | 97 |
|  |  |  | 4474 |
| **Commercial mortgage-backed securities 1.41%** |  |  |  |
| AMSR Trust, Series 2021-SFR3, Class B, 1.726% 10/17/2038 <sup>(b)(c)</sup>  | AMSR Trust, Series 2021-SFR3, Class B, 1.726% 10/17/2038 <sup>(b)(c)</sup>  | 100 | 97 |
| Bank Commercial Mortgage Trust, Series 2017-BNK4, Class A4, 3.625% 5/15/2050 <sup>(c)</sup>  | Bank Commercial Mortgage Trust, Series 2017-BNK4, Class A4, 3.625% 5/15/2050 <sup>(c)</sup>  | 400 | 396 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 4.74% 1/17/2039 <sup>(b)(c)(d)</sup>  | BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 4.74% 1/17/2039 <sup>(b)(c)(d)</sup>  | 130 | 130 |
| CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(c)</sup>  | CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(c)</sup>  | 19 | 19 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.191% 11/15/2050 <sup>(c)</sup>  | CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.191% 11/15/2050 <sup>(c)</sup>  | 10 | 10 |
| ELM Trust 2024, Series 2024-ELM, Class C15, 6.396% 6/10/2039 <sup>(b)(c)(d)</sup>  | ELM Trust 2024, Series 2024-ELM, Class C15, 6.396% 6/10/2039 <sup>(b)(c)(d)</sup>  | 300 | 302 |
| GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(c)</sup>  | GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(c)</sup>  | 23 | 23 |
| JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class A5, 3.409% 10/15/2050 <sup>(c)</sup>  | JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class A5, 3.409% 10/15/2050 <sup>(c)</sup>  | 750 | 738 |
| UBS Commercial Mortgage Trust, Series 2017-C2, Class A4, 3.487% 8/15/2050 <sup>(c)</sup>  | UBS Commercial Mortgage Trust, Series 2017-C2, Class A4, 3.487% 8/15/2050 <sup>(c)</sup>  | 15 | 15 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5, 3.418% 9/15/2050 <sup>(c)</sup>  | Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5, 3.418% 9/15/2050 <sup>(c)</sup>  | 475 | 467 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-LC25, Class A3, 3.374% 12/15/2059 <sup>(c)</sup>  | Wells Fargo Commercial Mortgage Trust, Series 2016-LC25, Class A3, 3.374% 12/15/2059 <sup>(c)</sup>  | 450 | 447 |
|  |  |  | 2644 |
| **Total mortgage-backed obligations** |  |  | 7118 |
| **Total bonds, notes & other debt instruments** (cost: $145,416,000) |  |  | 145752 |
| Short-term securities 21.80% | Weighted <br>average yield <br>at acquisition<br>|  |  |
| **Commercial paper 18.65%** | **Commercial paper 18.65%** | **Commercial paper 18.65%** | **Commercial paper 18.65%** |
| Australia & New Zealand Banking Group, Ltd. 4/20/2026 <sup>(b)</sup>  | 3.868<br> %<br>| 1000 | 989 |
| Cabot Trail Funding, LLC. 2/3/2026 <sup>(b)</sup>  | 4.010 | 500 | 498 |
| Caisse d'Amortissement de la Dette Sociale 3/23/2026 <sup>(b)</sup>  | 3.739 | 1700 | 1686 |
| Canadian Imperial Bank of Commerce 1/30/2026 <sup>(b)</sup>  | 4.045 | 1000 | 997 |
| DBS Bank, Ltd. 1/20/2026 <sup>(b)</sup>  | 3.976 | 1000 | 998 |
| DBS Bank, Ltd. 1/22/2026 <sup>(b)</sup>  | 4.054 | 600 | 599 |
| DNB Bank ASA 4/15/2026 <sup>(b)</sup>  | 3.914 | 1950 | 1929 |
| Fairway Finance Company, LLC 1/8/2026 <sup>(b)</sup>  | 4.059 | 1100 | 1099 |
| Komatsu Finance America, Inc. 1/7/2026 <sup>(b)</sup>  | 4.085 | 800 | 799 |
| Manhattan Asset Funding Company, LLC 1/26/2026 <sup>(b)</sup>  | 3.835 | 2000 | 1995 |
| Manhattan Asset Funding Company, LLC 2/9/2026 <sup>(b)</sup>  | 4.095 | 700 | 697 |
| National Australia Bank, Ltd. 3/20/2026 <sup>(b)</sup>  | 3.817 | 1500 | 1488 |
| National Bank of Canada 5/13/2026 <sup>(b)</sup>  | 4.005 | 1150 | 1134 |
| Nordea Bank AB 4/7/2026 <sup>(b)</sup>  | 3.910 | 600 | 594 |
| NRW.Bank 2/27/2026 <sup>(b)</sup>  | 3.899 | 2500 | 2485 |
| NRW.Bank 2/27/2026 <sup>(b)</sup>  | 3.904 | 900 | 894 |
| Oversea-Chinese Banking Corp., Ltd. 1/16/2026 <sup>(b)</sup>  | 3.682 | 400 | 399 |
| Oversea-Chinese Banking Corp., Ltd. 2/17/2026 <sup>(b)</sup>  | 3.868 | 1200 | 1194 |
| Oversea-Chinese Banking Corp., Ltd. 2/5/2026 <sup>(b)</sup>  | 4.035 | 1800 | 1793 |
| Siemens Capital Co., LLC 1/6/2026 <sup>(b)</sup>  | 3.989 | 1100 | 1099 |
| Societe Generale 3/31/2026 <sup>(b)</sup>  | 3.910 | 1500 | 1486 |
| Sumitomo Mitsui Trust Bank, Ltd. 2/12/2026 <sup>(b)</sup>  | 3.631 | 1200 | 1195 |
| Svenska Handelsbanken, Inc. 2/17/2026 <sup>(b)</sup>  | 3.891 | 710 | 706 |
| Thunder Bay Funding, LLC 4/1/2026 <sup>(b)</sup>  | 3.952 | 3700 | 3665 |
| United Overseas Bank, Ltd. 2/19/2026 <sup>(b)</sup>  | 3.922 | 1200 | 1194 |
| United Overseas Bank, Ltd. 2/19/2026 <sup>(b)</sup>  | 4.007 | 500 | 497 |
| Victory Receivables Corp. 1/26/2026 <sup>(b)</sup>  | 3.930 | 500 | 499 |
| Victory Receivables Corp. 1/26/2026 <sup>(b)</sup>  | 3.909 | 1200 | 1197 |
| Victory Receivables Corp. 2/20/2026 <sup>(b)</sup>  | 4.024 | 1000 | 995 |
|  |  |  | 34800 |

---

---

| | |
|:---|:---|
| **241** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | | |
|:---|:---|:---|:---|
| Short-term securities (continued) | Weighted<br> average yield<br> at acquisition<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Bonds & notes of governments & government agencies outside the U.S. 1.61%** | **Bonds & notes of governments & government agencies outside the U.S. 1.61%** | **Bonds & notes of governments & government agencies outside the U.S. 1.61%** | **Bonds & notes of governments & government agencies outside the U.S. 1.61%** |
| Alberta (Province of) 1/5/2026 <sup>(e)</sup>  | 3.864<br> %<br>| USD<br> 3,000<br>| $2999 |
| **Federal agency bills and notes 1.54%** | **Federal agency bills and notes 1.54%** | **Federal agency bills and notes 1.54%** | **Federal agency bills and notes 1.54%** |
| Federal Home Loan Bank 1/2/2026  | 3.559 | 2886 | 2886 |
| **Total short-term securities** (cost: $40,681,000) |  |  | 40685 |
| **Total investment securities 99.90%** (cost: $186,097,000) |  |  | 186437 |

---

---

| | |
|:---|:---|
| Other assets less liabilities 0.10% | 183 |
| **Net assets 100.00%** | $186620 |

---

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| 3.423% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/14/2027 | USD8,530 | &nbsp;&nbsp;&nbsp;&nbsp; $14 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $14 |
| SOFR | Annual | 3.2515% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/21/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 5952 | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8 |
| SOFR | Annual | 3.214% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/24/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 8050 | &nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $38 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $38 |

---

**Restricted security** <sup>(e)</sup>

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| Alberta (Province of) 1/5/2026  | 12/5/2025 | $2999 | $2999 | 1.62<br> %<br>|

---

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

<sup>(b)</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 $79,895,000, which represented 42.81% of the net assets of the fund. 

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

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| DAC = Designated Activity Company |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **242** |

---

------

Capital Group U.S. Multi-Sector Income ETF

**Investment portfolio** December 31, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 96.09% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes 70.14%** | **Corporate bonds and notes 70.14%** | **Corporate bonds and notes 70.14%** |
| **Financials 13.88%** |  |  |
| Alliant Holdings Intermediate, LLC 6.75% 10/15/2027 <sup>(a)</sup>  | USD<br> 885<br>| $894 |
| Alliant Holdings Intermediate, LLC 5.875% 11/1/2029 <sup>(a)</sup>  | 5218 | 5241 |
| Alliant Holdings Intermediate, LLC 7.00% 1/15/2031 <sup>(a)</sup>  | 6200 | 6437 |
| Alliant Holdings Intermediate, LLC 6.50% 10/1/2031 <sup>(a)</sup>  | 425 | 439 |
| Alliant Holdings Intermediate, LLC 7.375% 10/1/2032 <sup>(a)</sup>  | 4484 | 4655 |
| Alpha Bank SA 6.875% 6/27/2029 (1-year EUR-ICE Swap EURIBOR + 3.793% on 6/27/2028) <sup>(b)</sup>  | EUR<br> 200<br>| 257 |
| Alpha Bank SA 5.00% 5/12/2030 (1-year EUR-ICE Swap EURIBOR + 2.432% on 5/12/2029) <sup>(b)</sup>  | 100 | 124 |
| Alpha Bank SA 4.25% 6/11/2031 (5-year EUR Mid-Swap + 5.823% on 6/11/2026) <sup>(b)</sup>  | 100 | 118 |
| American International Group, Inc. 5.125% 3/27/2033  | USD<br> 2,556<br>| 2632 |
| American International Group, Inc. 5.45% 5/7/2035  | 4069 | 4240 |
| AmWINS Group, Inc. 6.375% 2/15/2029 <sup>(a)</sup>  | 950 | 978 |
| AmWINS Group, Inc. 4.875% 6/30/2029 <sup>(a)</sup>  | 4757 | 4682 |
| Aon North America, Inc. 5.45% 3/1/2034  | 5501 | 5719 |
| Ardonagh Finco, Ltd. 7.75% 2/15/2031 <sup>(a)</sup>  | 1115 | 1170 |
| Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 <sup>(a)</sup>  | 6676 | 6966 |
| Aretec Group, Inc. 7.50% 4/1/2029 <sup>(a)</sup>  | 7433 | 7501 |
| Aretec Group, Inc. 10.00% 8/15/2030 <sup>(a)</sup>  | 400 | 432 |
| Arthur J. Gallagher & Co. 5.15% 2/15/2035  | 6080 | 6148 |
| Athene Holding, Ltd. 6.625% 5/19/2055  | 3506 | 3573 |
| Banco de Sabadell SA 5.50% 9/8/2029 (1-year EUR-ICE Swap EURIBOR + 2.40% on 9/8/2028) <sup>(b)</sup>  | EUR<br> 1,100<br>| 1378 |
| Banco de Sabadell SA 3.375% 2/18/2033 (1-year EUR-ICE Swap EURIBOR + 1.25% on 2/18/2032) <sup>(b)</sup>  | 1100 | 1281 |
| Bank of America Corp. 5.872% 9/15/2034 (USD-SOFR + 1.84% on 9/15/2033) <sup>(b)</sup>  | USD<br> 2,934<br>| 3132 |
| Bank of America Corp. 5.464% 5/9/2036 (USD-SOFR + 1.64% on 5/9/2035) <sup>(b)</sup>  | 3832 | 3991 |
| Bank of Montreal 4.10% 12/15/2027 (USD-SOFR + 0.525% on 12/15/2026) <sup>(b)</sup>  | 2000 | 2005 |
| Bank of New York Mellon Corp. 5.06% 7/22/2032 (USD-SOFR + 1.23% on 7/22/2031) <sup>(b)</sup>  | 1231 | 1276 |
| BBVA Bancomer SA 5.875% 9/13/2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 4.308% on <br> 9/13/2029) <sup>(b)</sup>  | 1000 | 999 |
| BlackRock Funding, Inc. 5.25% 3/14/2054  | 1767 | 1695 |
| Blackstone Private Credit Fund 5.95% 7/16/2029  | 4856 | 4957 |
| Block, Inc. 5.625% 8/15/2030 <sup>(a)</sup>  | 4535 | 4630 |
| Block, Inc. 3.50% 6/1/2031  | 2698 | 2538 |
| Block, Inc. 6.50% 5/15/2032  | 7640 | 7949 |
| Block, Inc. 6.00% 8/15/2033 <sup>(a)</sup>  | 5627 | 5780 |
| BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) <sup>(a)(b)</sup>  | 6410 | 6845 |
| Bread Financial Holdings, Inc. 6.75% 5/15/2031 <sup>(a)</sup>  | 1650 | 1710 |
| Brown & Brown, Inc. 4.90% 6/23/2030  | 525 | 533 |
| Brown & Brown, Inc. 5.25% 6/23/2032  | 3693 | 3785 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 5707 | 5855 |
| Brown & Brown, Inc. 6.25% 6/23/2055  | 2596 | 2703 |
| CaixaBank SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(a)(b)</sup>  | 500 | 520 |
| CaixaBank SA 5.00% 7/19/2029 (3-month EUR-EURIBOR + 1.65% on 7/19/2028) <sup>(b)</sup>  | EUR<br> 1,500<br>| 1855 |
| CaixaBank SA 4.375% 8/8/2036 (5-year EUR-ICE Swap EURIBOR + 1.95% on 8/8/2031) <sup>(b)</sup>  | 1500 | 1815 |
| Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029) <sup>(b)</sup>  | USD<br> 2,501<br>| 2603 |
| Capital One Financial Corp. 6.377% 6/8/2034 (USD-SOFR + 2.86% on 6/8/2033) <sup>(b)</sup>  | 1753 | 1896 |
| Capital One Financial Corp. 6.051% 2/1/2035 (USD-SOFR + 2.26% on 2/1/2034) <sup>(b)</sup>  | 4674 | 4978 |
| Carlyle Group, Inc. (The) 5.05% 9/19/2035  | 250 | 247 |
| Charles Schwab Corp. (The) 5.853% 5/19/2034 (USD-SOFR + 2.50% on 5/19/2033) <sup>(b)</sup>  | 1292 | 1385 |
| Chubb INA Holdings, LLC 5.00% 3/15/2034  | 8683 | 8886 |
| Chubb INA Holdings, LLC 4.90% 8/15/2035  | 3991 | 4010 |
| Citigroup, Inc. 4.503% 9/11/2031 (USD-SOFR + 1.171% on 9/11/2030) <sup>(b)</sup>  | 25 | 25 |
| Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) <sup>(b)</sup>  | 9593 | 9818 |
| Citigroup, Inc. 5.174% 9/11/2036 (USD-SOFR + 1.488% on 9/11/2035) <sup>(b)</sup>  | 325 | 328 |
| Coinbase Global, Inc. 3.375% 10/1/2028 <sup>(a)</sup>  | 5652 | 5389 |
| Coinbase Global, Inc. 3.625% 10/1/2031 <sup>(a)</sup>  | 10077 | 8993 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(a)</sup>  | 8321 | 7725 |
| Compass Group Diversified Holdings, LLC 5.00% 1/15/2032 <sup>(a)</sup>  | 3637 | 3278 |
| Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) <sup>(b)</sup>  | 1200 | 1281 |
| Deutsche Bank AG 4.125% 4/4/2030 (3-month EUR-EURIBOR + 1.50% on 4/4/2029) <sup>(b)</sup>  | EUR<br> 1,500<br>| 1815 |
| Deutsche Bank AG 4.50% 7/12/2035 (3-month EUR-EURIBOR + 1.70% on 7/12/2034) <sup>(b)</sup>  | 1500 | 1845 |
| Eurobank SA 4.00% 9/24/2030 (1-year EUR Mid-Swap + 2.127% on 9/24/2029) <sup>(b)</sup>  | 100 | 121 |
| Eurobank SA 4.875% 4/30/2031 (5-year EUR Mid-Swap + 2.165% on 4/30/2030) <sup>(b)</sup>  | 900 | 1125 |
| Freedom Mortgage Holdings, LLC 9.25% 2/1/2029 <sup>(a)</sup>  | USD<br> 4,350<br>| 4565 |

---

---

| | |
|:---|:---|
| **243** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Financials (continued)** |  |  |
| Freedom Mortgage Holdings, LLC 8.375% 4/1/2032 <sup>(a)</sup>  | USD<br> 3,845<br>| $4050 |
| Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) <sup>(b)</sup>  | 1216 | 1271 |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(b)</sup>  | 2530 | 2614 |
| Goldman Sachs Group, Inc. 4.369% 10/21/2031 (USD-SOFR + 1.06% on 10/21/2030) <sup>(b)</sup>  | 3075 | 3068 |
| Goldman Sachs Group, Inc. 5.851% 4/25/2035 (USD-SOFR + 1.552% on 4/25/2034) <sup>(b)</sup>  | 5455 | 5802 |
| Goldman Sachs Group, Inc. 4.939% 10/21/2036 (USD-SOFR + 1.33% on 10/21/2035) <sup>(b)</sup>  | 17372 | 17252 |
| Goldman Sachs Private Credit Corp. 5.875% 1/31/2031 <sup>(a)</sup>  | 6806 | 6817 |
| Hightower Holding, LLC 6.75% 4/15/2029 <sup>(a)</sup>  | 3925 | 3914 |
| Hightower Holding, LLC 9.125% 1/31/2030 <sup>(a)</sup>  | 200 | 213 |
| Howden UK Refinance PLC 7.25% 2/15/2031 <sup>(a)</sup>  | 720 | 742 |
| HSBC Holdings PLC 5.45% 3/3/2036 (USD-SOFR + 1.56% on 3/3/2035) <sup>(b)</sup>  | 5948 | 6139 |
| HSBC Holdings PLC 5.133% 11/6/2036 (USD-SOFR + 1.43% on 11/6/2035) <sup>(b)</sup>  | 4570 | 4584 |
| HSBC Holdings PLC 6.332% 3/9/2044 (USD-SOFR + 2.65% on 3/9/2043) <sup>(b)</sup>  | 814 | 892 |
| HUB International, Ltd. 5.625% 12/1/2029 <sup>(a)</sup>  | 1080 | 1081 |
| HUB International, Ltd. 7.25% 6/15/2030 <sup>(a)</sup>  | 1947 | 2045 |
| HUB International, Ltd. 7.375% 1/31/2032 <sup>(a)</sup>  | 5645 | 5928 |
| IIFL Finance, Ltd. 8.75% 7/24/2028 <sup>(a)</sup>  | 3935 | 4042 |
| 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>(a)(b)</sup>  | 3459 | 4086 |
| Intesa Sanpaolo SpA 7.778% 6/20/2054 (1-year UST Yield Curve Rate T Note Constant Maturity + 3.90% on <br> 6/20/2053) <sup>(a)(b)</sup>  | 1000 | 1189 |
| ION Platform Finance US, Inc. 8.75% 5/1/2029 <sup>(a)</sup>  | 10208 | 10352 |
| ION Platform Finance US, Inc. 9.50% 5/30/2029 <sup>(a)</sup>  | 7838 | 7945 |
| ION Platform Finance US, Inc. 9.00% 8/1/2029 <sup>(a)</sup>  | 7612 | 7528 |
| ION Platform Finance US, Inc. 7.875% 9/30/2032 <sup>(a)</sup>  | 5830 | 5539 |
| Iron Mountain Information Management Services, Inc. 5.00% 7/15/2032 <sup>(a)</sup>  | 12122 | 11580 |
| Jane Street Group, LLC 6.75% 5/1/2033 <sup>(a)</sup>  | 4410 | 4606 |
| JPMorgan Chase & Co. 5.581% 4/22/2030 (USD-SOFR + 1.16% on 4/22/2029) <sup>(b)</sup>  | 278 | 290 |
| JPMorgan Chase & Co. 4.995% 7/22/2030 (USD-SOFR + 1.125% on 7/22/2029) <sup>(b)</sup>  | 2230 | 2290 |
| JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) <sup>(b)</sup>  | 925 | 938 |
| JPMorgan Chase & Co. 4.255% 10/22/2031 (USD-SOFR + 0.93% on 10/22/2030) <sup>(b)</sup>  | 4566 | 4553 |
| JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031) <sup>(b)</sup>  | 505 | 450 |
| JPMorgan Chase & Co. 5.502% 1/24/2036 (USD-SOFR + 1.315% on 1/24/2035) <sup>(b)</sup>  | 4000 | 4183 |
| JPMorgan Chase & Co. 5.572% 4/22/2036 (USD-SOFR + 1.68% on 4/22/2035) <sup>(b)</sup>  | 7259 | 7619 |
| Kasikornbank PCL (Hong Kong Branch) 3.343% 10/2/2031 (5-year UST Yield Curve Rate T Note Constant <br> Maturity + 1.70% on 10/2/2026) <sup>(b)</sup>  | 2360 | 2331 |
| LPL Holdings, Inc. 4.00% 3/15/2029 <sup>(a)</sup>  | 385 | 379 |
| Marsh & McLennan Cos., Inc. 4.65% 3/15/2030  | 180 | 184 |
| Marsh & McLennan Cos., Inc. 4.85% 11/15/2031  | 290 | 298 |
| Marsh & McLennan Cos., Inc. 5.00% 3/15/2035  | 12060 | 12221 |
| Marsh & McLennan Cos., Inc. 5.40% 3/15/2055  | 4764 | 4590 |
| Mastercard, Inc. 4.95% 3/15/2032  | 500 | 518 |
| Mastercard, Inc. 4.875% 5/9/2034  | 556 | 570 |
| Mastercard, Inc. 4.55% 1/15/2035  | 3921 | 3923 |
| Morgan Stanley 4.356% 10/22/2031 (USD-SOFR + 1.074% on 10/22/2030) <sup>(b)</sup>  | 1725 | 1720 |
| Morgan Stanley 5.25% 4/21/2034 (USD-SOFR + 1.87% on 4/21/2033) <sup>(b)</sup>  | 402 | 414 |
| Morgan Stanley 5.831% 4/19/2035 (USD-SOFR + 1.58% on 4/19/2034) <sup>(b)</sup>  | 3268 | 3474 |
| Morgan Stanley 5.664% 4/17/2036 (USD-SOFR + 1.757% on 4/17/2035) <sup>(b)</sup>  | 3864 | 4058 |
| Morgan Stanley 4.892% 10/22/2036 (USD-SOFR + 1.314% on 10/22/2035) <sup>(b)</sup>  | 8578 | 8505 |
| Morgan Stanley 5.942% 2/7/2039 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.80% on <br> 2/7/2039) <sup>(b)</sup>  | 200 | 210 |
| Morgan Stanley 5.516% 11/19/2055 (USD-SOFR + 1.71% on 11/19/2054) <sup>(b)</sup>  | 731 | 723 |
| Navient Corp. 4.875% 3/15/2028  | 1000 | 990 |
| Navient Corp. 9.375% 7/25/2030  | 963 | 1071 |
| Navient Corp. 11.50% 3/15/2031  | 846 | 948 |
| Navient Corp. 7.875% 6/15/2032  | 7840 | 8212 |
| Navient Corp. 5.625% 8/1/2033  | 15482 | 14169 |
| OneMain Finance Corp. 6.125% 5/15/2030  | 1000 | 1022 |
| OneMain Finance Corp. 7.50% 5/15/2031  | 7775 | 8186 |
| OneMain Finance Corp. 7.125% 11/15/2031  | 6531 | 6822 |
| OneMain Finance Corp. 7.125% 9/15/2032  | 8535 | 8878 |
| OneMain Finance Corp. 6.50% 3/15/2033  | 765 | 774 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **244** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Financials (continued)** |  |  |
| OneMain Finance Corp. 6.75% 9/15/2033  | USD<br> 480<br>| $487 |
| Osaic Holdings, Inc. 6.75% 8/1/2032 <sup>(a)</sup>  | 2270 | 2373 |
| Osaic Holdings, Inc. 8.00% 8/1/2033 <sup>(a)</sup>  | 5691 | 5950 |
| Oxford Finance, LLC 6.375% 2/1/2027 <sup>(a)</sup>  | 235 | 236 |
| PennyMac Financial Services, Inc. 7.875% 12/15/2029 <sup>(a)</sup>  | 385 | 410 |
| PennyMac Financial Services, Inc. 6.875% 5/15/2032 <sup>(a)</sup>  | 1295 | 1356 |
| Piraeus Bank SA 6.75% 12/5/2029 (1-year EUR Mid-Swap + 3.837% on 12/5/2028) <sup>(b)</sup>  | EUR<br> 150<br>| 194 |
| Piraeus Bank SA 5.00% 4/16/2030 (1-year EUR-ICE Swap EURIBOR + 2.245% on 4/16/2029) <sup>(b)</sup>  | 850 | 1056 |
| PNC Bank, NA 5.373% 7/21/2036 (USD-SOFR + 1.417% on 7/21/2035) <sup>(b)</sup>  | USD<br> 924<br>| 951 |
| PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033) <sup>(b)</sup>  | 4129 | 4675 |
| PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034) <sup>(b)</sup>  | 6897 | 7274 |
| PNC Financial Services Group, Inc. 5.401% 7/23/2035 (USD-SOFR + 1.599% on 7/23/2034) <sup>(b)</sup>  | 6095 | 6307 |
| PNC Financial Services Group, Inc. 5.575% 1/29/2036 (USD-SOFR + 1.394% on 1/29/2035) <sup>(b)</sup>  | 4209 | 4391 |
| Power Finance Corp., Ltd. 3.35% 5/16/2031  | 450 | 424 |
| Royal Bank of Canada 4.65% 10/18/2030 (USD-SOFR + 1.08% on 10/18/2029) <sup>(b)</sup>  | 2522 | 2559 |
| Ryan Specialty, LLC 4.375% 2/1/2030 <sup>(a)</sup>  | 445 | 437 |
| Ryan Specialty, LLC 5.875% 8/1/2032 <sup>(a)</sup>  | 1085 | 1109 |
| Starwood Property Trust, Inc. 5.75% 1/15/2031 <sup>(a)</sup>  | 3345 | 3385 |
| State Street Corp. 5.159% 5/18/2034 (USD-SOFR + 1.89% on 5/18/2033) <sup>(b)</sup>  | 601 | 621 |
| State Street Corp. 4.784% 10/23/2036 (USD-SOFR + 1.215% on 10/23/2035) <sup>(b)</sup>  | 1410 | 1403 |
| Synchrony Financial 5.45% 3/6/2031 (USD-SOFR + 1.68% on 3/6/2030) <sup>(b)</sup>  | 1833 | 1880 |
| Synchrony Financial 7.25% 2/2/2033  | 5693 | 6120 |
| Synchrony Financial 6.00% 7/29/2036 (USD-SOFR Index + 2.07% on 7/29/2035) <sup>(b)</sup>  | 6991 | 7195 |
| Travelers Cos., Inc. 5.05% 7/24/2035  | 128 | 130 |
| Truist Financial Corp. 5.071% 5/20/2031 (USD-SOFR + 1.309% on 5/20/2030) <sup>(b)</sup>  | 763 | 784 |
| Truist Financial Corp. 5.153% 8/5/2032 (USD-SOFR + 1.571% on 8/5/2031) <sup>(b)</sup>  | 3137 | 3243 |
| Truist Financial Corp. 5.867% 6/8/2034 (USD-SOFR + 2.361% on 6/8/2033) <sup>(b)</sup>  | 4554 | 4847 |
| Truist Financial Corp. 5.711% 1/24/2035 (USD-SOFR + 1.922% on 1/24/2034) <sup>(b)</sup>  | 6015 | 6330 |
| Truist Financial Corp. 4.964% 10/23/2036 (USD-SOFR + 1.395% on 10/23/2035) <sup>(b)</sup>  | 2532 | 2506 |
| U.S. Bancorp 5.85% 10/21/2033 (USD-SOFR + 2.09% on 10/21/2032) <sup>(b)</sup>  | 200 | 214 |
| U.S. Bancorp 5.836% 6/12/2034 (USD-SOFR + 2.26% on 6/10/2033) <sup>(b)</sup>  | 25 | 27 |
| U.S. Bancorp 5.678% 1/23/2035 (USD-SOFR + 1.86% on 1/23/2034) <sup>(b)</sup>  | 5530 | 5842 |
| U.S. Bancorp 5.424% 2/12/2036 (USD-SOFR + 1.411% on 2/12/2035) <sup>(b)</sup>  | 7450 | 7746 |
| UBS Group AG 3.091% 5/14/2032 (USD-SOFR + 1.73% on 5/14/2031) <sup>(a)(b)</sup>  | 1404 | 1304 |
| UBS Group AG 6.301% 9/22/2034 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.00% on <br> 9/22/2033) <sup>(a)(b)</sup>  | 2725 | 2976 |
| USI, Inc. 7.50% 1/15/2032 <sup>(a)</sup>  | 270 | 283 |
| Voyager Parent, LLC 9.25% 7/1/2032 <sup>(a)</sup>  | 4450 | 4725 |
| Wells Fargo & Co. 5.707% 4/22/2028 (USD-SOFR + 1.07% on 4/22/2027) <sup>(b)</sup>  | 250 | 255 |
| Wells Fargo & Co. 2.39% 6/2/2028 (USD-SOFR + 2.10% on 6/2/2027) <sup>(b)</sup>  | 25 | 24 |
| Wells Fargo & Co. 5.15% 4/23/2031 (USD-SOFR + 1.50% on 4/23/2030) <sup>(b)</sup>  | 1100 | 1136 |
| Wells Fargo & Co. 5.605% 4/23/2036 (USD-SOFR + 1.74% on 4/23/2035) <sup>(b)</sup>  | 3709 | 3889 |
|  |  | 545597 |
| **Energy 8.53%** |  |  |
| 3R Lux SARL 9.75% 2/5/2031 <sup>(a)</sup>  | 1798 | 1852 |
| Antero Midstream Partners, LP 5.75% 7/1/2034 <sup>(a)</sup>  | 1370 | 1381 |
| APA Corp. 5.25% 2/1/2042  | 1188 | 1013 |
| Ascent Resources Utica Holdings, LLC 5.875% 6/30/2029 <sup>(a)</sup>  | 4840 | 4871 |
| Ascent Resources Utica Holdings, LLC 6.625% 10/15/2032 <sup>(a)</sup>  | 460 | 477 |
| Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 <sup>(a)</sup>  | 1565 | 1621 |
| Blue Racer Midstream, LLC 7.00% 7/15/2029 <sup>(a)</sup>  | 605 | 634 |
| Borr IHC, Ltd. 10.00% 11/15/2028 <sup>(a)</sup>  | 3792 | 3816 |
| Borr IHC, Ltd. 10.375% 11/15/2030 <sup>(a)</sup>  | 664 | 662 |
| Caturus Energy, LLC 8.50% 2/15/2030 <sup>(a)</sup>  | 685 | 714 |
| CITGO Petroleum Corp. 8.375% 1/15/2029 <sup>(a)</sup>  | 555 | 579 |
| Civitas Resources, Inc. 8.375% 7/1/2028 <sup>(a)</sup>  | 2126 | 2193 |
| Civitas Resources, Inc. 8.625% 11/1/2030 <sup>(a)</sup>  | 5518 | 5787 |
| Civitas Resources, Inc. 8.75% 7/1/2031 <sup>(a)</sup>  | 5798 | 6022 |
| Civitas Resources, Inc. 9.625% 6/15/2033 <sup>(a)</sup>  | 190 | 205 |

---

---

| | |
|:---|:---|
| **245** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Energy (continued)** |  |  |
| CNX Resources Corp. 7.375% 1/15/2031 <sup>(a)</sup>  | USD<br> 4,234<br>| $4400 |
| CNX Resources Corp. 7.25% 3/1/2032 <sup>(a)</sup>  | 5120 | 5348 |
| Comstock Resources, Inc. 6.75% 3/1/2029 <sup>(a)</sup>  | 2104 | 2110 |
| Comstock Resources, Inc. 5.875% 1/15/2030 <sup>(a)</sup>  | 4630 | 4507 |
| Constellation Oil Services Holding SA 9.375% 11/7/2029 <sup>(a)</sup>  | 6050 | 6298 |
| Crescent Energy Finance, LLC 9.25% 2/15/2028 <sup>(a)</sup>  | 1518 | 1571 |
| Crescent Energy Finance, LLC 7.625% 4/1/2032 <sup>(a)</sup>  | 5280 | 5123 |
| Crescent Energy Finance, LLC 7.375% 1/15/2033 <sup>(a)</sup>  | 4469 | 4244 |
| Crescent Energy Finance, LLC 8.375% 1/15/2034 <sup>(a)</sup>  | 470 | 467 |
| Devon Energy Corp. 5.75% 9/15/2054  | 1864 | 1714 |
| Diamondback Energy, Inc. 5.15% 1/30/2030  | 313 | 322 |
| Diamondback Energy, Inc. 5.40% 4/18/2034  | 1431 | 1466 |
| Diamondback Energy, Inc. 5.75% 4/18/2054  | 4942 | 4675 |
| Diamondback Energy, Inc. 5.90% 4/18/2064  | 1211 | 1144 |
| DT Midstream, Inc. 4.375% 6/15/2031 <sup>(a)</sup>  | 750 | 734 |
| Ecopetrol SA 7.75% 2/1/2032  | 4050 | 4173 |
| Ecopetrol SA 8.875% 1/13/2033  | 2835 | 3030 |
| Ecopetrol SA 8.375% 1/19/2036  | 4365 | 4495 |
| Energean Israel Finance, Ltd. 5.875% 3/30/2031 <sup>(a)</sup>  | 685 | 664 |
| Enterprise Products Operating, LLC 5.20% 1/15/2036  | 266 | 271 |
| EOG Resources, Inc. 4.40% 7/15/2028  | 205 | 207 |
| EOG Resources, Inc. 5.95% 7/15/2055  | 500 | 510 |
| EQT Corp. 4.75% 1/15/2031  | 3356 | 3379 |
| Expand Energy Corp. 4.75% 2/1/2032  | 285 | 281 |
| Exxon Mobil Corp. 3.452% 4/15/2051  | 4115 | 2956 |
| Genesis Energy, LP 8.25% 1/15/2029  | 1895 | 1984 |
| Genesis Energy, LP 8.875% 4/15/2030  | 3270 | 3456 |
| Genesis Energy, LP 7.875% 5/15/2032  | 1790 | 1867 |
| GeoPark, Ltd. 8.75% 1/31/2030 <sup>(a)</sup>  | 4550 | 4254 |
| Global Partners, LP 8.25% 1/15/2032 <sup>(a)</sup>  | 3105 | 3283 |
| Gulfport Energy Operating Corp. 6.75% 9/1/2029 <sup>(a)</sup>  | 520 | 538 |
| Harvest Midstream I, LP 7.50% 9/1/2028 <sup>(a)</sup>  | 875 | 889 |
| Harvest Midstream I, LP 7.50% 5/15/2032 <sup>(a)</sup>  | 2214 | 2310 |
| Hess Midstream Operations, LP 5.875% 3/1/2028 <sup>(a)</sup>  | 1640 | 1677 |
| Hilcorp Energy I, LP 6.00% 4/15/2030 <sup>(a)</sup>  | 900 | 878 |
| Hilcorp Energy I, LP 6.25% 4/15/2032 <sup>(a)</sup>  | 5751 | 5434 |
| Hilcorp Energy I, LP 8.375% 11/1/2033 <sup>(a)</sup>  | 4813 | 4935 |
| Kodiak Gas Services, LLC 6.50% 10/1/2033 <sup>(a)</sup>  | 865 | 884 |
| Kodiak Gas Services, LLC 6.75% 10/1/2035 <sup>(a)</sup>  | 865 | 890 |
| Kraken Oil & Gas Partners, LLC 7.625% 8/15/2029 <sup>(a)</sup>  | 2780 | 2756 |
| Leviathan Bond, Ltd. 6.75% 6/30/2030 <sup>(a)</sup>  | 980 | 999 |
| Matador Resources Co. 6.25% 4/15/2033 <sup>(a)</sup>  | 4990 | 5016 |
| MPLX, LP 5.40% 9/15/2035  | 2129 | 2146 |
| Murphy Oil Corp. 6.00% 10/1/2032  | 4015 | 4014 |
| Nabors Industries, Inc. 9.125% 1/31/2030 <sup>(a)</sup>  | 4085 | 4286 |
| NFE Financing, LLC 12.00% 11/15/2029 <sup>(a)(c)</sup>  | 32948 | 9555 |
| NGL Energy Operating, LLC 8.125% 2/15/2029 <sup>(a)</sup>  | 1530 | 1589 |
| NGL Energy Operating, LLC 8.375% 2/15/2032 <sup>(a)</sup>  | 2370 | 2456 |
| Noble Finance II, LLC 8.00% 4/15/2030 <sup>(a)</sup>  | 5835 | 6066 |
| Northern Oil and Gas, Inc. 8.75% 6/15/2031 <sup>(a)</sup>  | 6741 | 6814 |
| Northern Oil and Gas, Inc. 7.875% 10/15/2033 <sup>(a)</sup>  | 390 | 380 |
| Permian Resources Operating, LLC 8.00% 4/15/2027 <sup>(a)</sup>  | 162 | 165 |
| Permian Resources Operating, LLC 5.875% 7/1/2029 <sup>(a)</sup>  | 830 | 838 |
| Permian Resources Operating, LLC 9.875% 7/15/2031 <sup>(a)</sup>  | 1135 | 1224 |
| Permian Resources Operating, LLC 7.00% 1/15/2032 <sup>(a)</sup>  | 5550 | 5805 |
| Permian Resources Operating, LLC 6.25% 2/1/2033 <sup>(a)</sup>  | 1260 | 1293 |
| Petroleos Mexicanos 5.95% 1/28/2031  | 5313 | 5145 |
| Petroleos Mexicanos 6.70% 2/16/2032  | 7982 | 7966 |
| Petroleos Mexicanos 10.00% 2/7/2033  | 3625 | 4203 |
| Petroleos Mexicanos 6.375% 1/23/2045  | 74 | 60 |
| Petroleos Mexicanos 6.75% 9/21/2047  | 131 | 108 |
| Petroleos Mexicanos 6.35% 2/12/2048  | 33 | 26 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **246** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Energy (continued)** |  |  |
| Petroleos Mexicanos 7.69% 1/23/2050  | USD<br> 314<br>| $282 |
| Petroleos Mexicanos 6.95% 1/28/2060  | 5363 | 4370 |
| Pluspetrol SA 8.50% 5/30/2032 <sup>(a)</sup>  | 3013 | 3066 |
| Raizen Fuels Finance SA 6.70% 2/25/2037 <sup>(a)</sup>  | 2115 | 1712 |
| Range Resources Corp. 4.75% 2/15/2030 <sup>(a)</sup>  | 320 | 316 |
| Repsol E&P Capital Markets US, LLC 5.976% 9/16/2035 <sup>(a)</sup>  | 4636 | 4730 |
| Shell Finance US, Inc. 3.00% 11/26/2051 <sup>(a)</sup>  | 1650 | 1063 |
| Summit Midstream Holdings, LLC 8.625% 10/31/2029 <sup>(a)</sup>  | 4723 | 4900 |
| Sunoco, LP 7.00% 5/1/2029 <sup>(a)</sup>  | 2745 | 2865 |
| Sunoco, LP 4.50% 5/15/2029  | 2051 | 2015 |
| Sunoco, LP 5.625% 3/15/2031 <sup>(a)</sup>  | 1095 | 1104 |
| Sunoco, LP 7.25% 5/1/2032 <sup>(a)</sup>  | 5615 | 5941 |
| Sunoco, LP 6.25% 7/1/2033 <sup>(a)</sup>  | 2230 | 2285 |
| Sunoco, LP 5.875% 3/15/2034 <sup>(a)</sup>  | 1085 | 1085 |
| Sunoco, LP 7.875% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant <br> Maturity + 4.23% on 9/18/2030) <sup>(a)(b)</sup>  | 3389 | 3484 |
| Superior Plus, LP 4.50% 3/15/2029 <sup>(a)</sup>  | 50 | 49 |
| Talos Production, Inc. 9.00% 2/1/2029 <sup>(a)</sup>  | 1275 | 1328 |
| Talos Production, Inc. 9.375% 2/1/2031 <sup>(a)</sup>  | 3470 | 3626 |
| Targa Resources Corp. 5.65% 2/15/2036  | 2505 | 2576 |
| TotalEnergies Capital International SA 3.127% 5/29/2050  | 6250 | 4171 |
| TotalEnergies Capital SA 5.488% 4/5/2054  | 200 | 193 |
| Transocean Aquila, Ltd. 8.00% 9/30/2028 <sup>(a)</sup>  | 3769 | 3878 |
| Transocean International, Ltd. 8.75% 2/15/2030 <sup>(a)</sup>  | 6737 | 7042 |
| Transocean International, Ltd. 7.875% 10/15/2032 <sup>(a)</sup>  | 680 | 713 |
| Transocean Titan Financing, Ltd. 8.375% 2/1/2028 <sup>(a)</sup>  | 686 | 701 |
| Transocean, Inc. 8.25% 5/15/2029 <sup>(a)</sup>  | 850 | 857 |
| Transocean, Inc. 8.50% 5/15/2031 <sup>(a)</sup>  | 3850 | 3816 |
| Transportadora de Gas del Sur SA 8.50% 7/24/2031 <sup>(a)</sup>  | 810 | 843 |
| USA Compression Partners, LP 7.125% 3/15/2029 <sup>(a)</sup>  | 2102 | 2177 |
| USA Compression Partners, LP 6.25% 10/1/2033 <sup>(a)</sup>  | 730 | 739 |
| Venture Global Calcasieu Pass, LLC 6.25% 1/15/2030 <sup>(a)</sup>  | 5844 | 5921 |
| Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 <sup>(a)</sup>  | 3767 | 3430 |
| Venture Global LNG, Inc. 7.00% 1/15/2030 <sup>(a)</sup>  | 6285 | 6053 |
| Venture Global LNG, Inc. 8.375% 6/1/2031 <sup>(a)</sup>  | 5885 | 5856 |
| Venture Global LNG, Inc. 9.875% 2/1/2032 <sup>(a)</sup>  | 2740 | 2832 |
| Venture Global Plaquemines LNG, LLC 6.125% 12/15/2030 <sup>(a)</sup>  | 1655 | 1686 |
| Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 <sup>(a)</sup>  | 200 | 216 |
| Venture Global Plaquemines LNG, LLC 6.50% 1/15/2034 <sup>(a)</sup>  | 4510 | 4622 |
| Venture Global Plaquemines LNG, LLC 6.50% 6/15/2034 <sup>(a)</sup>  | 2920 | 2985 |
| Venture Global Plaquemines LNG, LLC 7.75% 5/1/2035 <sup>(a)</sup>  | 3775 | 4135 |
| Venture Global Plaquemines LNG, LLC 6.875% 1/31/2036 <sup>(a)</sup>  | 5720 | 5862 |
| Vista Energy Argentina S.A.U. 8.50% 6/10/2033 <sup>(a)</sup>  | 4655 | 4789 |
| Vista Energy Argentina S.A.U. 7.625% 12/10/2035 <sup>(a)</sup>  | 5160 | 5163 |
| Vital Energy, Inc. 7.875% 4/15/2032 <sup>(a)</sup>  | 3160 | 3116 |
| Wildfire Intermediate Holdings, LLC 7.50% 10/15/2029 <sup>(a)</sup>  | 4455 | 4508 |
|  |  | 335206 |
| **Health care 7.49%** |  |  |
| 1261229 B.C., Ltd. 10.00% 4/15/2032 <sup>(a)</sup>  | 2250 | 2342 |
| AbbVie, Inc. 4.80% 3/15/2029  | 750 | 769 |
| AbbVie, Inc. 5.05% 3/15/2034  | 10229 | 10516 |
| AbbVie, Inc. 5.35% 3/15/2044  | 350 | 346 |
| AbbVie, Inc. 5.50% 3/15/2064  | 1535 | 1492 |
| AdaptHealth, LLC 6.125% 8/1/2028 <sup>(a)</sup>  | 225 | 228 |
| AdaptHealth, LLC 4.625% 8/1/2029 <sup>(a)</sup>  | 4039 | 3931 |
| AdaptHealth, LLC 5.125% 3/1/2030 <sup>(a)</sup>  | 1224 | 1200 |
| Amgen, Inc. 4.20% 3/1/2033  | 6958 | 6804 |
| Amgen, Inc. 5.25% 3/2/2033  | 10063 | 10420 |
| Amgen, Inc. 3.00% 1/15/2052  | 4600 | 2971 |

---

---

| | |
|:---|:---|
| **247** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Health care (continued)** |  |  |
| Amgen, Inc. 5.65% 3/2/2053  | USD<br> 5,934<br>| $5815 |
| Amgen, Inc. 5.75% 3/2/2063  | 1250 | 1221 |
| Amneal Pharmaceuticals, LLC 6.875% 8/1/2032 <sup>(a)</sup>  | 615 | 650 |
| Ascension Health 4.923% 11/15/2035  | 1499 | 1502 |
| AstraZeneca Finance, LLC 5.00% 2/26/2034  | 1505 | 1558 |
| Avantor Funding, Inc. 3.875% 11/1/2029 <sup>(a)</sup>  | 941 | 904 |
| Bausch Health Americas, Inc. 8.50% 1/31/2027 <sup>(a)</sup>  | 3865 | 3830 |
| Baxter International, Inc. 5.65% 12/15/2035  | 9864 | 9986 |
| Baxter International, Inc. 3.132% 12/1/2051  | 1475 | 929 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 427 | 444 |
| Bristol-Myers Squibb Co. 5.55% 2/22/2054  | 3811 | 3745 |
| Centene Corp. 2.50% 3/1/2031  | 11769 | 10170 |
| Centene Corp. 2.625% 8/1/2031  | 3765 | 3241 |
| CHS / Community Health Systems, Inc. 5.25% 5/15/2030 <sup>(a)</sup>  | 600 | 565 |
| CHS / Community Health Systems, Inc. 10.875% 1/15/2032 <sup>(a)</sup>  | 1008 | 1101 |
| Cigna Group (The) 5.25% 1/15/2036  | 3650 | 3718 |
| Cigna Group (The) 6.00% 1/15/2056  | 3916 | 4030 |
| CVS Health Corp. 5.00% 9/15/2032  | 1081 | 1104 |
| CVS Health Corp. 5.45% 9/15/2035  | 11884 | 12169 |
| CVS Health Corp. 6.00% 6/1/2044  | 750 | 754 |
| CVS Health Corp. 6.05% 6/1/2054  | 8129 | 8088 |
| CVS Health Corp. 6.20% 9/15/2055  | 5413 | 5500 |
| CVS Health Corp. 6.00% 6/1/2063  | 671 | 651 |
| CVS Health Corp. 6.25% 9/15/2065  | 1500 | 1511 |
| DaVita, Inc. 4.625% 6/1/2030 <sup>(a)</sup>  | 1500 | 1460 |
| DaVita, Inc. 6.875% 9/1/2032 <sup>(a)</sup>  | 5655 | 5890 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(a)</sup>  | 4715 | 4893 |
| Elevance Health, Inc. 5.00% 1/15/2036  | 8084 | 8039 |
| Elevance Health, Inc. 5.70% 9/15/2055  | 2100 | 2059 |
| Eli Lilly and Co. 5.10% 2/12/2035  | 2492 | 2577 |
| Eli Lilly and Co. 4.90% 10/15/2035  | 2250 | 2293 |
| Endo Finance Holdings, Inc. 8.50% 4/15/2031 <sup>(a)</sup>  | 6251 | 6615 |
| Gilead Sciences, Inc. 5.25% 10/15/2033  | 2219 | 2333 |
| Gilead Sciences, Inc. 5.10% 6/15/2035  | 4395 | 4506 |
| Grifols SA 7.50% 5/1/2030  | EUR<br> 1,700<br>| 2104 |
| Humana, Inc. 5.75% 4/15/2054  | USD<br> 557<br>| 526 |
| Humana, Inc. 6.00% 5/1/2055  | 1650 | 1603 |
| IQVIA, Inc. 6.25% 6/1/2032 <sup>(a)</sup>  | 2598 | 2718 |
| Johnson & Johnson 4.85% 3/1/2032  | 750 | 778 |
| Johnson & Johnson 5.00% 3/1/2035  | 1100 | 1146 |
| Johnson & Johnson 5.25% 6/1/2054  | 450 | 451 |
| Medline Borrower, LP 3.875% 4/1/2029 <sup>(a)</sup>  | 3000 | 2931 |
| Medline Borrower, LP 5.25% 10/1/2029 <sup>(a)</sup>  | 4800 | 4829 |
| Molina Healthcare, Inc. 6.50% 2/15/2031 <sup>(a)</sup>  | 3545 | 3645 |
| Molina Healthcare, Inc. 6.25% 1/15/2033 <sup>(a)</sup>  | 2858 | 2916 |
| Organon & Co. 4.125% 4/30/2028 <sup>(a)</sup>  | 630 | 616 |
| Owens & Minor, Inc. 4.50% 3/31/2029 <sup>(a)</sup>  | 2285 | 1553 |
| Owens & Minor, Inc. 6.25% 4/1/2030 <sup>(a)</sup>  | 10335 | 6605 |
| Perrigo Finance Unlimited Co. 6.125% 9/30/2032  | 2595 | 2530 |
| Pfizer Investment Enterprises Pte., Ltd. 5.11% 5/19/2043  | 300 | 289 |
| Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053  | 5843 | 5536 |
| Radiology Partners, Inc. 9.781% PIK 2/15/2030 <sup>(a)(d)</sup>  | 3224 | 3107 |
| Radiology Partners, Inc. 8.50% 7/15/2032 <sup>(a)</sup>  | 1025 | 1072 |
| Roche Holdings, Inc. 4.985% 3/8/2034 <sup>(a)</sup>  | 1516 | 1562 |
| Sotera Health Holdings, LLC 7.375% 6/1/2031 <sup>(a)</sup>  | 3755 | 3943 |
| Surgery Center Holdings, Inc. 7.25% 4/15/2032 <sup>(a)</sup>  | 2300 | 2329 |
| Takeda U.S. Financing, Inc. 5.20% 7/7/2035  | 12233 | 12466 |
| Takeda U.S. Financing, Inc. 5.90% 7/7/2055  | 988 | 1000 |
| Tenet Healthcare Corp. 6.75% 5/15/2031  | 2960 | 3081 |
| Teva Pharmaceutical Finance Netherlands III BV 6.75% 3/1/2028  | 4615 | 4793 |
| Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029  | 4155 | 4205 |
| Teva Pharmaceutical Finance Netherlands III BV 7.875% 9/15/2029  | 5502 | 6059 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **248** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Health care (continued)** |  |  |
| Teva Pharmaceutical Finance Netherlands III BV 8.125% 9/15/2031  | USD<br> 3,332<br>| $3841 |
| Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032  | 4075 | 4280 |
| Teva Pharmaceutical Finance Netherlands III BV 4.10% 10/1/2046  | 2300 | 1742 |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  | 5145 | 5341 |
| UnitedHealth Group, Inc. 5.00% 4/15/2034  | 3790 | 3856 |
| UnitedHealth Group, Inc. 5.15% 7/15/2034  | 3535 | 3622 |
| UnitedHealth Group, Inc. 5.30% 6/15/2035  | 11100 | 11497 |
| UnitedHealth Group, Inc. 5.50% 7/15/2044  | 2025 | 2011 |
| UnitedHealth Group, Inc. 2.90% 5/15/2050  | 444 | 285 |
| UnitedHealth Group, Inc. 5.95% 6/15/2055  | 6285 | 6458 |
| Viatris, Inc. 4.00% 6/22/2050  | 3106 | 2070 |
|  |  | 294266 |
| **Consumer discretionary 7.48%** |  |  |
| Acushnet Co. 5.625% 12/1/2033 <sup>(a)</sup>  | 140 | 142 |
| Advance Auto Parts, Inc. 3.90% 4/15/2030  | 9386 | 8623 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 6461 | 5506 |
| Advance Auto Parts, Inc. 7.375% 8/1/2033 <sup>(a)</sup>  | 5730 | 5757 |
| Allied Universal Holdco, LLC 4.625% 6/1/2028 <sup>(a)</sup>  | 1219 | 1203 |
| Allied Universal Holdco, LLC 6.00% 6/1/2029 <sup>(a)</sup>  | 635 | 629 |
| Allied Universal Holdco, LLC 6.875% 6/15/2030 <sup>(a)</sup>  | 7998 | 8332 |
| Allwyn Entertainment Financing (UK) PLC 7.875% 4/30/2029 <sup>(a)</sup>  | 775 | 807 |
| Amazon.com, Inc. 4.10% 11/20/2030  | 1725 | 1727 |
| Amazon.com, Inc. 4.65% 11/20/2035  | 1975 | 1968 |
| Amazon.com, Inc. 5.45% 11/20/2055  | 750 | 733 |
| Amazon.com, Inc. 5.55% 11/20/2065  | 350 | 340 |
| Asbury Automotive Group, Inc. 4.625% 11/15/2029 <sup>(a)</sup>  | 5215 | 5131 |
| AutoNation, Inc. 5.89% 3/15/2035  | 7790 | 8078 |
| Bath & Body Works, Inc. 6.875% 11/1/2035  | 740 | 749 |
| Bath & Body Works, Inc. 6.75% 7/1/2036  | 1000 | 994 |
| Boyd Gaming Corp. 4.75% 12/1/2027  | 1020 | 1019 |
| Boyne USA, Inc. 4.75% 5/15/2029 <sup>(a)</sup>  | 1010 | 997 |
| Caesars Entertainment, Inc. 4.625% 10/15/2029 <sup>(a)</sup>  | 6360 | 6105 |
| Caesars Entertainment, Inc. 7.00% 2/15/2030 <sup>(a)</sup>  | 642 | 665 |
| Caesars Entertainment, Inc. 6.50% 2/15/2032 <sup>(a)</sup>  | 6734 | 6902 |
| Carnival Corp. 5.125% 5/1/2029 <sup>(a)</sup>  | 3005 | 3040 |
| Carnival Corp. 7.00% 8/15/2029 <sup>(a)</sup>  | 575 | 604 |
| Carnival Corp. 5.75% 3/15/2030 <sup>(a)</sup>  | 8780 | 9037 |
| Carnival Corp. 5.75% 8/1/2032 <sup>(a)</sup>  | 4600 | 4727 |
| Carnival Corp. 6.125% 2/15/2033 <sup>(a)</sup>  | 8636 | 8922 |
| Cougar JV Subsidiary, LLC 8.00% 5/15/2032 <sup>(a)</sup>  | 1935 | 2076 |
| Fertitta Entertainment, LLC 4.625% 1/15/2029 <sup>(a)</sup>  | 3665 | 3564 |
| First Student Bidco, Inc. 4.00% 7/31/2029 <sup>(a)</sup>  | 4247 | 4143 |
| Flutter Treasury DAC 5.875% 6/4/2031 <sup>(a)</sup>  | 867 | 880 |
| Ford Motor Co. 7.45% 7/16/2031  | 375 | 415 |
| Ford Motor Co. 6.10% 8/19/2032  | 410 | 423 |
| Ford Motor Co. 5.291% 12/8/2046  | 511 | 425 |
| Ford Motor Credit Co., LLC 2.70% 8/10/2026  | 100 | 99 |
| Ford Motor Credit Co., LLC 5.85% 5/17/2027  | 699 | 710 |
| Ford Motor Credit Co., LLC 4.95% 5/28/2027  | 350 | 351 |
| Ford Motor Credit Co., LLC 3.815% 11/2/2027  | 607 | 598 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 1464 | 1499 |
| Ford Motor Credit Co., LLC 6.798% 11/7/2028  | 1450 | 1522 |
| Ford Motor Credit Co., LLC 7.20% 6/10/2030  | 500 | 536 |
| Ford Motor Credit Co., LLC 5.73% 9/5/2030  | 8931 | 9072 |
| Ford Motor Credit Co., LLC 6.054% 11/5/2031  | 11488 | 11784 |
| Ford Motor Credit Co., LLC 6.532% 3/19/2032  | 5208 | 5449 |
| Ford Motor Credit Co., LLC 7.122% 11/7/2033  | 650 | 698 |
| Ford Motor Credit Co., LLC 6.125% 3/8/2034  | 3196 | 3249 |
| Ford Motor Credit Co., LLC 6.50% 2/7/2035  | 9864 | 10223 |

---

---

| | |
|:---|:---|
| **249** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Consumer discretionary (continued)** |  |  |
| Ford Motor Credit Co., LLC 5.869% 10/31/2035  | USD<br> 3,550<br>| $3507 |
| General Motors Financial Co., Inc. 5.45% 7/15/2030  | 299 | 311 |
| General Motors Financial Co., Inc. 5.45% 9/6/2034  | 2770 | 2811 |
| General Motors Financial Co., Inc. 5.90% 1/7/2035  | 2266 | 2364 |
| General Motors Financial Co., Inc. 6.15% 7/15/2035  | 4661 | 4914 |
| GENM Capital Labuan, Ltd. 3.882% 4/19/2031  | 3750 | 3400 |
| Genting New York, LLC 7.25% 10/1/2029 <sup>(a)</sup>  | 420 | 431 |
| Gildan Activewear, Inc. 5.40% 10/7/2035 <sup>(a)</sup>  | 1075 | 1073 |
| Great Canadian Gaming Corp. 8.75% 11/15/2029 <sup>(a)</sup>  | 700 | 708 |
| Hilton Domestic Operating Co., Inc. 4.875% 1/15/2030  | 950 | 954 |
| Hilton Domestic Operating Co., Inc. 4.00% 5/1/2031 <sup>(a)</sup>  | 3000 | 2874 |
| Hilton Domestic Operating Co., Inc. 5.50% 3/31/2034 <sup>(a)</sup>  | 1150 | 1158 |
| Hilton Domestic Operating Company Inc. 5.75% 9/15/2033 <sup>(a)</sup>  | 3720 | 3809 |
| Home Depot, Inc. 4.85% 6/25/2031  | 591 | 611 |
| Home Depot, Inc. 4.95% 6/25/2034  | 2990 | 3059 |
| Home Depot, Inc. 5.30% 6/25/2054  | 221 | 212 |
| Home Depot, Inc. 5.40% 6/25/2064  | 3490 | 3342 |
| Hyundai Capital America 4.875% 6/23/2027 <sup>(a)</sup>  | 678 | 686 |
| International Game Technology PLC 5.25% 1/15/2029 <sup>(a)</sup>  | 200 | 200 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(a)</sup>  | 1075 | 1060 |
| LCM Investments Holdings II, LLC 8.25% 8/1/2031 <sup>(a)</sup>  | 535 | 566 |
| Levi Strauss & Co. 3.50% 3/1/2031 <sup>(a)</sup>  | 3025 | 2828 |
| Light and Wonder International, Inc. 7.50% 9/1/2031 <sup>(a)</sup>  | 2300 | 2404 |
| Light and Wonder International, Inc. 6.25% 10/1/2033 <sup>(a)</sup>  | 980 | 993 |
| Lithia Motors, Inc. 3.875% 6/1/2029 <sup>(a)</sup>  | 3576 | 3460 |
| Lithia Motors, Inc. 5.50% 10/1/2030 <sup>(a)</sup>  | 740 | 746 |
| McDonald's Corp. 5.00% 5/17/2029  | 196 | 202 |
| Newell Brands, Inc. 8.50% 6/1/2028 <sup>(a)</sup>  | 330 | 346 |
| Newell Brands, Inc. 6.375% 5/15/2030  | 7230 | 7070 |
| Newell Brands, Inc. 6.625% 5/15/2032  | 8235 | 8001 |
| Newell Brands, Inc. 7.375% 4/1/2036  | 7444 | 7000 |
| Newell Brands, Inc. 7.50% 4/1/2046  | 200 | 167 |
| Nissan Motor Acceptance Co., LLC 5.55% 9/13/2029 <sup>(a)</sup>  | 810 | 808 |
| Nissan Motor Co., Ltd. 4.345% 9/17/2027 <sup>(a)</sup>  | 205 | 202 |
| Nissan Motor Co., Ltd. 7.50% 7/17/2030 <sup>(a)</sup>  | 2645 | 2778 |
| Nissan Motor Co., Ltd. 7.75% 7/17/2032 <sup>(a)</sup>  | 3520 | 3742 |
| Nissan Motor Co., Ltd. 8.125% 7/17/2035 <sup>(a)</sup>  | 11550 | 12284 |
| Party City Holdings, Inc. 0% 8/27/2030 <sup>(e)</sup>  | 74 | 1 |
| RHP Hotel Properties, LP 7.25% 7/15/2028 <sup>(a)</sup>  | 79 | 81 |
| RHP Hotel Properties, LP 4.50% 2/15/2029 <sup>(a)</sup>  | 5761 | 5709 |
| RHP Hotel Properties, LP 6.50% 6/15/2033 <sup>(a)</sup>  | 375 | 391 |
| Royal Caribbean Cruises, Ltd. 5.50% 4/1/2028 <sup>(a)</sup>  | 2427 | 2472 |
| Royal Caribbean Cruises, Ltd. 5.375% 1/15/2036  | 6212 | 6240 |
| Sally Holdings, LLC 6.75% 3/1/2032  | 5629 | 5885 |
| Scientific Games Holdings, LP 6.625% 3/1/2030 <sup>(a)</sup>  | 950 | 845 |
| Service Corp. International 5.75% 10/15/2032  | 735 | 749 |
| Sonic Automotive, Inc. 4.625% 11/15/2029 <sup>(a)</sup>  | 814 | 800 |
| Sonic Automotive, Inc. 4.875% 11/15/2031 <sup>(a)</sup>  | 7370 | 7150 |
| Starbucks Corp. 5.00% 2/15/2034  | 297 | 303 |
| Starbucks Corp. 5.40% 5/15/2035  | 612 | 637 |
| Station Casinos, LLC 6.625% 3/15/2032 <sup>(a)</sup>  | 1070 | 1100 |
| TopBuild Corp. 5.625% 1/31/2034 <sup>(a)</sup>  | 1140 | 1154 |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(a)</sup>  | 3310 | 3251 |
| Vail Resorts, Inc. 5.625% 7/15/2030 <sup>(a)</sup>  | 770 | 785 |
| Vail Resorts, Inc. 6.50% 5/15/2032 <sup>(a)</sup>  | 731 | 759 |
| Valvoline, Inc. 3.625% 6/15/2031 <sup>(a)</sup>  | 1685 | 1550 |
| Wyndham Hotels & Resorts, Inc. 4.375% 8/15/2028 <sup>(a)</sup>  | 1776 | 1759 |
| Wynn Macau, Ltd. 5.625% 8/26/2028  | 450 | 450 |
| Wynn Resorts Finance, LLC 7.125% 2/15/2031 <sup>(a)</sup>  | 6713 | 7268 |
| ZF North America Capital, Inc. 6.75% 4/23/2030 <sup>(a)</sup>  | 2985 | 2952 |
|  |  | 293825 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **250** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Communication services 6.46%** |  |  |
| Alphabet, Inc. 4.375% 11/15/2032  | USD<br> 1,351<br>| $1356 |
| Alphabet, Inc. 4.70% 11/15/2035  | 3522 | 3524 |
| Alphabet, Inc. 5.25% 5/15/2055  | 124 | 119 |
| Alphabet, Inc. 5.30% 5/15/2065  | 97 | 91 |
| Altice France 6.50% 3/15/2032 <sup>(a)</sup>  | 4410 | 4230 |
| Altice France 6.875% 7/15/2032 <sup>(a)</sup>  | 4450 | 4270 |
| AT&T, Inc. 3.50% 9/15/2053  | 675 | 452 |
| AT&T, Inc. 3.55% 9/15/2055  | 240 | 160 |
| CCO Holdings, LLC 5.00% 2/1/2028 <sup>(a)</sup>  | 1366 | 1356 |
| CCO Holdings, LLC 4.75% 3/1/2030 <sup>(a)</sup>  | 334 | 319 |
| CCO Holdings, LLC 4.25% 2/1/2031 <sup>(a)</sup>  | 845 | 777 |
| CCO Holdings, LLC 4.75% 2/1/2032 <sup>(a)</sup>  | 1025 | 938 |
| CCO Holdings, LLC 4.50% 5/1/2032  | 1815 | 1630 |
| CCO Holdings, LLC 4.50% 6/1/2033 <sup>(a)</sup>  | 11227 | 9840 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(a)</sup>  | 8013 | 6821 |
| Charter Communications Operating, LLC 4.40% 4/1/2033  | 3545 | 3341 |
| Charter Communications Operating, LLC 6.65% 2/1/2034  | 1230 | 1296 |
| Charter Communications Operating, LLC 6.384% 10/23/2035  | 6462 | 6675 |
| Charter Communications Operating, LLC 4.80% 3/1/2050  | 2690 | 2023 |
| Charter Communications Operating, LLC 3.70% 4/1/2051  | 11935 | 7542 |
| Charter Communications Operating, LLC 3.90% 6/1/2052  | 2320 | 1499 |
| Charter Communications Operating, LLC 5.25% 4/1/2053  | 9455 | 7490 |
| Charter Communications Operating, LLC 6.70% 12/1/2055  | 2967 | 2847 |
| Clear Channel Outdoor Holdings, Inc. 7.75% 4/15/2028 <sup>(a)</sup>  | 1427 | 1429 |
| Clear Channel Outdoor Holdings, Inc. 7.50% 6/1/2029 <sup>(a)</sup>  | 125 | 124 |
| Clear Channel Outdoor Holdings, Inc. 7.125% 2/15/2031 <sup>(a)</sup>  | 1250 | 1313 |
| Comcast Corp. 5.65% 6/1/2054  | 4018 | 3770 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(a)</sup>  | 15386 | 16340 |
| CSC Holdings, LLC 5.50% 4/15/2027 <sup>(a)</sup>  | 650 | 558 |
| DIRECTV Financing, LLC 5.875% 8/15/2027 <sup>(a)</sup>  | 2424 | 2440 |
| DIRECTV Financing, LLC 8.875% 2/1/2030 <sup>(a)</sup>  | 8280 | 8388 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(a)</sup>  | 2775 | 2890 |
| EchoStar Corp. 10.75% 11/30/2029  | 7747 | 8573 |
| EchoStar Corp. 6.75% Cash 11/30/2030 <sup>(d)</sup>  | 7310 | 7498 |
| Frontier Communications Holdings, LLC 5.00% 5/1/2028 <sup>(a)</sup>  | 25 | 25 |
| Frontier Communications Holdings, LLC 6.75% 5/1/2029 <sup>(a)</sup>  | 4298 | 4333 |
| Frontier Communications Holdings, LLC 6.00% 1/15/2030 <sup>(a)</sup>  | 916 | 932 |
| Frontier Communications Holdings, LLC 8.75% 5/15/2030 <sup>(a)</sup>  | 50 | 52 |
| Frontier Communications Holdings, LLC 8.625% 3/15/2031 <sup>(a)</sup>  | 125 | 132 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(a)</sup>  | 3062 | 3298 |
| Gray Media, Inc. 4.75% 10/15/2030 <sup>(a)</sup>  | 351 | 273 |
| Gray Media, Inc. 5.375% 11/15/2031 <sup>(a)</sup>  | 1509 | 1133 |
| Gray Media, Inc. 9.625% 7/15/2032 <sup>(a)</sup>  | 4449 | 4620 |
| Lamar Media Corp. 3.625% 1/15/2031  | 325 | 306 |
| Lamar Media Corp. 5.375% 11/1/2033 <sup>(a)</sup>  | 1375 | 1368 |
| Lindblad Expeditions, LLC 7.00% 9/15/2030 <sup>(a)</sup>  | 930 | 971 |
| Meta Platforms, Inc. 4.60% 11/15/2032  | 398 | 401 |
| Meta Platforms, Inc. 4.875% 11/15/2035  | 7571 | 7564 |
| Meta Platforms, Inc. 5.50% 11/15/2045  | 3241 | 3149 |
| Meta Platforms, Inc. 4.45% 8/15/2052  | 6452 | 5255 |
| Meta Platforms, Inc. 5.40% 8/15/2054  | 300 | 279 |
| Meta Platforms, Inc. 5.625% 11/15/2055  | 4118 | 3956 |
| Meta Platforms, Inc. 5.75% 11/15/2065  | 2612 | 2494 |
| News Corp. 3.875% 5/15/2029 <sup>(a)</sup>  | 280 | 272 |
| Nexstar Media, Inc. 4.75% 11/1/2028 <sup>(a)</sup>  | 5305 | 5269 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(a)</sup>  | 2060 | 2016 |
| Sirius XM Radio, LLC 5.50% 7/1/2029 <sup>(a)</sup>  | 575 | 580 |
| Sirius XM Radio, LLC 4.125% 7/1/2030 <sup>(a)</sup>  | 5727 | 5451 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(a)</sup>  | 14072 | 12969 |
| Snap, Inc. 6.875% 3/1/2033 <sup>(a)</sup>  | 9920 | 10287 |
| T-Mobile USA, Inc. 3.50% 2/11/2037  | EUR<br> 1,250<br>| 1410 |
| Univision Communications, Inc. 8.00% 8/15/2028 <sup>(a)</sup>  | USD<br> 4,425<br>| 4586 |

---

---

| | |
|:---|:---|
| **251** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Communication services (continued)** |  |  |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(a)</sup>  | USD<br> 7,065<br>| $6792 |
| Univision Communications, Inc. 7.375% 6/30/2030 <sup>(a)</sup>  | 6304 | 6430 |
| Univision Communications, Inc. 8.50% 7/31/2031 <sup>(a)</sup>  | 6340 | 6628 |
| Univision Communications, Inc. 9.375% 8/1/2032 <sup>(a)</sup>  | 4850 | 5216 |
| Verizon Communications, Inc. 2.355% 3/15/2032  | 167 | 147 |
| Verizon Communications, Inc. 4.75% 1/15/2033  | 681 | 681 |
| Verizon Communications, Inc. 5.00% 1/15/2036  | 3687 | 3657 |
| Verizon Communications, Inc. 5.75% 11/30/2045  | 461 | 458 |
| Verizon Communications, Inc. 3.55% 3/22/2051  | 310 | 220 |
| Verizon Communications, Inc. 3.875% 3/1/2052  | 324 | 240 |
| Verizon Communications, Inc. 5.875% 11/30/2055  | 1109 | 1097 |
| Verizon Communications, Inc. 6.00% 11/30/2065  | 519 | 513 |
| Versant Media Group, Inc. 7.25% 1/30/2031 <sup>(a)</sup>  | 1115 | 1151 |
| WarnerMedia Holdings, Inc. 4.054% 3/15/2029  | 150 | 146 |
| WarnerMedia Holdings, Inc. 4.279% 3/15/2032  | 1305 | 1147 |
| WarnerMedia Holdings, Inc. 5.05% 3/15/2042  | 18889 | 13340 |
| WarnerMedia Holdings, Inc. 5.141% 3/15/2052  | 899 | 595 |
| WMG Acquisition Corp. 3.875% 7/15/2030 <sup>(a)</sup>  | 287 | 276 |
|  |  | 254034 |
| **Information technology 4.96%** |  |  |
| Amphenol Corp. 4.40% 2/15/2033  | 1059 | 1048 |
| Amphenol Corp. 4.625% 2/15/2036  | 3803 | 3727 |
| Amphenol Corp. 5.30% 11/15/2055  | 183 | 175 |
| ams-OSRAM AG 12.25% 3/30/2029 <sup>(a)</sup>  | 3975 | 4242 |
| Analog Devices, Inc. 5.05% 4/1/2034  | 1649 | 1705 |
| Broadcom, Inc. 5.15% 11/15/2031  | 1687 | 1751 |
| Broadcom, Inc. 4.55% 2/15/2032  | 739 | 741 |
| Broadcom, Inc. 2.60% 2/15/2033  | 116 | 102 |
| Broadcom, Inc. 3.469% 4/15/2034  | 4144 | 3780 |
| Broadcom, Inc. 4.80% 10/15/2034  | 885 | 887 |
| Broadcom, Inc. 5.20% 7/15/2035  | 6177 | 6331 |
| Broadcom, Inc. 4.926% 5/15/2037 <sup>(a)</sup>  | 2141 | 2114 |
| Cisco Systems, Inc. 5.05% 2/26/2034  | 2591 | 2667 |
| Cloud Software Group, Inc. 6.50% 3/31/2029 <sup>(a)</sup>  | 755 | 765 |
| Cloud Software Group, Inc. 9.00% 9/30/2029 <sup>(a)</sup>  | 9993 | 10415 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(a)</sup>  | 7822 | 8179 |
| Cloud Software Group, Inc. 6.625% 8/15/2033 <sup>(a)</sup>  | 2780 | 2757 |
| CommScope Technologies, LLC 5.00% 3/15/2027 <sup>(a)</sup>  | 2860 | 2856 |
| CommScope, LLC 8.25% 3/1/2027 <sup>(a)</sup>  | 148 | 149 |
| CommScope, LLC 7.125% 7/1/2028 <sup>(a)</sup>  | 55 | 55 |
| CommScope, LLC 4.75% 9/1/2029 <sup>(a)</sup>  | 76 | 76 |
| CommScope, LLC 9.50% 12/15/2031 <sup>(a)</sup>  | 650 | 657 |
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(a)</sup>  | 8660 | 9237 |
| Ellucian Holdings, Inc. 6.50% 12/1/2029 <sup>(a)</sup>  | 1500 | 1533 |
| Fair Isaac Corp. 6.00% 5/15/2033 <sup>(a)</sup>  | 5615 | 5785 |
| Hughes Satellite Systems Corp. 5.25% 8/1/2026  | 1663 | 1591 |
| Hughes Satellite Systems Corp. 6.625% 8/1/2026  | 2317 | 2118 |
| Intel Corp. 3.05% 8/12/2051  | 1045 | 643 |
| Intel Corp. 5.60% 2/21/2054  | 5900 | 5451 |
| Microchip Technology, Inc. 5.05% 3/15/2029  | 775 | 791 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 5577 | 5693 |
| Micron Technology, Inc. 6.05% 11/1/2035  | 8200 | 8753 |
| NCR Atleos Corp. 9.50% 4/1/2029 <sup>(a)</sup>  | 2790 | 3030 |
| Oracle Corp. 4.45% 9/26/2030  | 450 | 440 |
| Oracle Corp. 5.50% 8/3/2035  | 11369 | 11146 |
| Oracle Corp. 5.20% 9/26/2035  | 9810 | 9402 |
| Oracle Corp. 5.875% 9/26/2045  | 1000 | 904 |
| Oracle Corp. 5.95% 9/26/2055  | 8900 | 7891 |
| Oracle Corp. 6.10% 9/26/2065  | 1000 | 883 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **252** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Information technology (continued)** |  |  |
| Roper Technologies, Inc. 4.90% 10/15/2034  | USD<br> 1,939<br>| $1936 |
| Roper Technologies, Inc. 5.10% 9/15/2035  | 5271 | 5313 |
| Shift4 Payments, LLC 6.75% 8/31/2032 <sup>(a)</sup>  | 335 | 346 |
| Synopsys, Inc. 4.85% 4/1/2030  | 2750 | 2810 |
| Synopsys, Inc. 5.15% 4/1/2035  | 4550 | 4626 |
| Synopsys, Inc. 5.70% 4/1/2055  | 7200 | 7150 |
| Texas Instruments, Inc. 5.10% 5/23/2035  | 150 | 155 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(a)</sup>  | 5280 | 5432 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(a)</sup>  | 12834 | 13158 |
| Viasat, Inc. 5.625% 4/15/2027 <sup>(a)</sup>  | 3265 | 3273 |
| Wolfspeed, Inc. 4.00% PIK and 9.875% Cash 6/23/2030 <sup>(d)(f)</sup>  | 801 | 873 |
| WULF Compute, LLC 7.75% 10/15/2030 <sup>(a)</sup>  | 6080 | 6269 |
| X.AI Corp. 12.50% 6/30/2030  | 12295 | 13118 |
|  |  | 194929 |
| **Materials 4.95%** |  |  |
| Avient Corp. 6.25% 11/1/2031 <sup>(a)</sup>  | 260 | 267 |
| Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/2031 <sup>(a)</sup>  | 834 | 881 |
| Axalta Coating Systems, LLC 4.75% 6/15/2027 <sup>(a)</sup>  | 625 | 626 |
| Ball Corp. 5.50% 9/15/2033  | 6501 | 6632 |
| BHP Billiton Finance (USA), Ltd. 4.90% 2/28/2033  | 36 | 37 |
| BHP Billiton Finance (USA), Ltd. 5.25% 9/8/2033  | 6066 | 6310 |
| BHP Billiton Finance (USA), Ltd. 5.75% 9/5/2055  | 334 | 341 |
| Braskem Netherlands Finance BV 4.50% 1/10/2028  | 1489 | 614 |
| Braskem Netherlands Finance BV 4.50% 1/31/2030  | 280 | 110 |
| Braskem Netherlands Finance BV 8.75% 1/12/2031 <sup>(a)</sup>  | 2468 | 968 |
| Braskem Netherlands Finance BV 7.25% 2/13/2033 <sup>(a)</sup>  | 3725 | 1446 |
| Braskem Netherlands Finance BV 8.00% 10/15/2034 <sup>(a)</sup>  | 6100 | 2368 |
| Braskem Netherlands Finance BV 8.00% 10/15/2034  | 1250 | 485 |
| Braskem Netherlands Finance BV 5.875% 1/31/2050  | 2320 | 808 |
| CAN-PACK SA 3.875% 11/15/2029 <sup>(a)</sup>  | 400 | 383 |
| Capstone Copper Corp. 6.75% 3/31/2033 <sup>(a)</sup>  | 750 | 779 |
| Celanese US Holdings, LLC 6.85% 11/15/2028  | 181 | 190 |
| Celanese US Holdings, LLC 6.50% 4/15/2030  | 5322 | 5353 |
| Celanese US Holdings, LLC 7.00% 2/15/2031  | 1075 | 1101 |
| Celanese US Holdings, LLC 6.879% 7/15/2032  | 8632 | 8990 |
| Celanese US Holdings, LLC 7.20% 11/15/2033  | 9554 | 10101 |
| Celanese US Holdings, LLC 7.375% 2/15/2034  | 2660 | 2704 |
| Celulosa Arauco y Constitucion SA 6.18% 5/5/2032 <sup>(a)</sup>  | 1315 | 1360 |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(a)</sup>  | 6988 | 7242 |
| Cleveland-Cliffs, Inc. 7.50% 9/15/2031 <sup>(a)</sup>  | 6525 | 6888 |
| Cleveland-Cliffs, Inc. 7.00% 3/15/2032 <sup>(a)</sup>  | 300 | 308 |
| Cleveland-Cliffs, Inc. 7.375% 5/1/2033 <sup>(a)</sup>  | 4935 | 5137 |
| Cleveland-Cliffs, Inc. 7.625% 1/15/2034 <sup>(a)</sup>  | 4945 | 5171 |
| Commercial Metals Co. 5.75% 11/15/2033 <sup>(a)</sup>  | 725 | 742 |
| Commercial Metals Co. 6.00% 12/15/2035 <sup>(a)</sup>  | 300 | 308 |
| Consolidated Energy Finance SA 12.00% 2/15/2031 <sup>(a)</sup>  | 8158 | 5778 |
| Dow Chemical Co. (The) 4.80% 1/15/2031  | 1750 | 1741 |
| Dow Chemical Co. (The) 5.15% 2/15/2034  | 1000 | 993 |
| Dow Chemical Co. (The) 5.35% 3/15/2035  | 1793 | 1778 |
| Dow Chemical Co. (The) 5.65% 3/15/2036  | 11953 | 11908 |
| Dow Chemical Co. (The) 6.90% 5/15/2053  | 1125 | 1155 |
| Dow Chemical Co. (The) 5.60% 2/15/2054  | 5553 | 4832 |
| Element Solutions, Inc. 3.875% 9/1/2028 <sup>(a)</sup>  | 1730 | 1692 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(a)</sup>  | 6499 | 6852 |
| FXI Holdings, Inc. 16.00% PIK 11/15/2029 (14.00% on 11/15/2028) <sup>(a)(b)(d)</sup>  | 2307 | 1315 |
| FXI Holdings, Inc. 11.00% 11/15/2030 <sup>(a)</sup>  | 3946 | 3552 |
| JH North America Holdings, Inc. 5.875% 1/31/2031 <sup>(a)</sup>  | 740 | 756 |
| JH North America Holdings, Inc. 6.125% 7/31/2032 <sup>(a)</sup>  | 715 | 734 |
| LSB Industries, Inc. 6.25% 10/15/2028 <sup>(a)</sup>  | 1677 | 1681 |

---

---

| | |
|:---|:---|
| **253** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Materials (continued)** |  |  |
| LYB International Finance III, LLC 5.125% 1/15/2031  | USD<br> 246<br>| $247 |
| LYB International Finance III, LLC 5.50% 3/1/2034  | 1102 | 1090 |
| LYB International Finance III, LLC 6.15% 5/15/2035  | 4331 | 4441 |
| LYB International Finance III, LLC 5.875% 1/15/2036  | 3894 | 3877 |
| Magnera Corp. 7.25% 11/15/2031 <sup>(a)</sup>  | 10630 | 10446 |
| Mauser Packaging Solutions Holding Co. 7.875% 4/15/2027 <sup>(a)</sup>  | 2290 | 2210 |
| Minera Mexico, SA de CV, 5.625% 2/12/2032 <sup>(a)</sup>  | 3435 | 3559 |
| Mineral Resources, Ltd. 9.25% 10/1/2028 <sup>(a)</sup>  | 3070 | 3225 |
| Mineral Resources, Ltd. 8.50% 5/1/2030 <sup>(a)</sup>  | 3115 | 3242 |
| NOVA Chemicals Corp. 5.25% 6/1/2027 <sup>(a)</sup>  | 685 | 691 |
| NOVA Chemicals Corp. 4.25% 5/15/2029 <sup>(a)</sup>  | 105 | 103 |
| PT Krakatau Posco 6.375% 6/11/2029  | 1500 | 1550 |
| Quikrete Holdings, Inc. 6.375% 3/1/2032 <sup>(a)</sup>  | 4671 | 4865 |
| Quikrete Holdings, Inc. 6.75% 3/1/2033 <sup>(a)</sup>  | 1105 | 1155 |
| Samarco Mineracao SA 9.00% PIK 6/30/2031 (5.50% PIK and 3.50% Cash on 12/30/2026) <sup>(b)(d)</sup>  | 284 | 288 |
| Samarco Mineracao SA 9.00% PIK 6/30/2031 (5.50% PIK and 3.50% Cash on 12/30/2026) <sup>(b)(d)</sup>  | 239 | 242 |
| Sasol Financing USA, LLC 8.75% 5/3/2029 <sup>(f)</sup>  | 1600 | 1630 |
| Sasol Financing USA, LLC 8.75% 5/3/2029 <sup>(a)</sup>  | 1100 | 1121 |
| Sasol Financing USA, LLC 5.50% 3/18/2031  | 2000 | 1700 |
| SCIH Salt Holdings, Inc. 4.875% 5/1/2028 <sup>(a)</sup>  | 553 | 555 |
| SCIH Salt Holdings, Inc. 6.625% 5/1/2029 <sup>(a)</sup>  | 4535 | 4558 |
| Sealed Air Corp. 4.00% 12/1/2027 <sup>(a)</sup>  | 1425 | 1419 |
| Sealed Air Corp. 6.125% 2/1/2028 <sup>(a)</sup>  | 2254 | 2293 |
| Sherwin-Williams Co. 4.50% 8/15/2030  | 500 | 505 |
| Sherwin-Williams Co. 5.15% 8/15/2035  | 1064 | 1083 |
| Solstice Advanced Materials, Inc. 5.625% 9/30/2033 <sup>(a)</sup>  | 880 | 888 |
| Stillwater Mining Co. 4.00% 11/16/2026 <sup>(f)</sup>  | 1019 | 1012 |
| Trivium Packaging Finance BV 8.25% 7/15/2030 <sup>(a)</sup>  | 194 | 208 |
| Trivium Packaging Finance BV 12.25% 1/15/2031 <sup>(a)</sup>  | 680 | 738 |
| Vale Overseas, Ltd. 6.40% 6/28/2054  | 4549 | 4647 |
| Vale Overseas, Ltd. 6.00% 2/25/2056 (5-year UST Yield Curve Rate T Note Constant Maturity + 2.431% on <br> 2/25/2031) <sup>(a)(b)</sup>  | 3000 | 3004 |
| Veritiv Operating Co. 10.50% 11/30/2030 <sup>(a)</sup>  | 650 | 700 |
| Westlake Corp. 5.55% 11/15/2035  | 3826 | 3827 |
|  |  | 194536 |
| **Industrials 4.70%** |  |  |
| AAR Escrow Issuer, LLC 6.75% 3/15/2029 <sup>(a)</sup>  | 199 | 206 |
| AECOM 6.00% 8/1/2033 <sup>(a)</sup>  | 105 | 108 |
| Allison Transmission, Inc. 5.875% 12/1/2033 <sup>(a)</sup>  | 315 | 320 |
| Ambipar Lux SARL 9.875% 2/6/2031 <sup>(a)</sup>  | 590 | 133 |
| Ambipar Lux SARL 10.875% 2/5/2033 <sup>(a)</sup>  | 925 | 164 |
| Amentum Holdings, Inc. 7.25% 8/1/2032 <sup>(a)</sup>  | 4115 | 4340 |
| American Airlines, Inc. 8.50% 5/15/2029 <sup>(a)</sup>  | 1250 | 1308 |
| Aramark Services, Inc. 5.00% 2/1/2028 <sup>(a)</sup>  | 1320 | 1321 |
| ATI, Inc. 4.875% 10/1/2029  | 1232 | 1234 |
| ATI, Inc. 7.25% 8/15/2030  | 349 | 369 |
| Avis Budget Car Rental, LLC 4.75% 4/1/2028 <sup>(a)</sup>  | 1000 | 979 |
| BAE Systems PLC 5.30% 3/26/2034 <sup>(a)</sup>  | 1000 | 1036 |
| Boeing Co. (The) 5.15% 5/1/2030  | 2687 | 2762 |
| Boeing Co. (The) 6.528% 5/1/2034  | 3304 | 3657 |
| Boeing Co. (The) 5.705% 5/1/2040  | 730 | 746 |
| Boeing Co. (The) 5.805% 5/1/2050  | 1420 | 1399 |
| Boeing Co. (The) 6.858% 5/1/2054  | 4121 | 4631 |
| Boeing Co. (The) 5.93% 5/1/2060  | 2445 | 2401 |
| Canadian National Railway Co. 4.375% 9/18/2034  | 375 | 369 |
| Canadian Pacific Railway Co. 5.20% 3/30/2035  | 2323 | 2392 |
| Carpenter Technology Corp. 5.625% 3/1/2034 <sup>(a)</sup>  | 310 | 315 |
| Clarivate Science Holdings Corp. 3.875% 7/1/2028 <sup>(a)</sup>  | 340 | 330 |
| Clean Harbors, Inc. 6.375% 2/1/2031 <sup>(a)</sup>  | 45 | 46 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **254** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Industrials (continued)** |  |  |
| Clean Harbors, Inc. 5.75% 10/15/2033 <sup>(a)</sup>  | USD<br> 1,090<br>| $1120 |
| CoreLogic, Inc. 4.50% 5/1/2028 <sup>(a)</sup>  | 6956 | 6847 |
| CSX Corp. 2.50% 5/15/2051  | 220 | 131 |
| Embraer Netherlands Finance BV 5.98% 2/11/2035  | 283 | 301 |
| EquipmentShare.com, Inc. 9.00% 5/15/2028 <sup>(a)</sup>  | 4405 | 4583 |
| EquipmentShare.com, Inc. 8.625% 5/15/2032 <sup>(a)</sup>  | 6420 | 6789 |
| EquipmentShare.com, Inc. 8.00% 3/15/2033 <sup>(a)</sup>  | 3860 | 4066 |
| FTAI Aviation Investors, LLC 5.875% 4/15/2033 <sup>(a)</sup>  | 4800 | 4882 |
| Garda World Security Corp. 6.50% 1/15/2031 <sup>(a)</sup>  | 730 | 747 |
| Garda World Security Corp. 8.375% 11/15/2032 <sup>(a)</sup>  | 1360 | 1387 |
| General Electric Co. 4.30% 7/29/2030  | 271 | 273 |
| General Electric Co. 4.90% 1/29/2036  | 4398 | 4467 |
| Herc Holdings, Inc. 6.625% 6/15/2029 <sup>(a)</sup>  | 2370 | 2469 |
| Herc Holdings, Inc. 7.00% 6/15/2030 <sup>(a)</sup>  | 3745 | 3944 |
| Herc Holdings, Inc. 5.75% 3/15/2031 <sup>(a)</sup>  | 775 | 787 |
| Herc Holdings, Inc. 7.25% 6/15/2033 <sup>(a)</sup>  | 8220 | 8721 |
| Herc Holdings, Inc. 6.00% 3/15/2034 <sup>(a)</sup>  | 810 | 821 |
| Hertz Corp. (The) 4.625% 12/1/2026 <sup>(a)</sup>  | 450 | 431 |
| Honeywell International, Inc. 5.00% 3/1/2035  | 1669 | 1701 |
| Icahn Enterprises, LP 6.25% 5/15/2026  | 1194 | 1197 |
| Icahn Enterprises, LP 5.25% 5/15/2027  | 10286 | 10152 |
| Icahn Enterprises, LP 9.75% 1/15/2029  | 4460 | 4452 |
| Icahn Enterprises, LP 10.00% 11/15/2029 <sup>(a)</sup>  | 405 | 405 |
| IRB Infrastructure Developers, Ltd. 7.11% 3/11/2032 <sup>(a)</sup>  | 435 | 450 |
| LATAM Airlines Group SA 7.875% 4/15/2030 <sup>(a)</sup>  | 755 | 795 |
| Lima Metro Line 2 Finance, Ltd. 5.875% 7/5/2034  | 461 | 480 |
| Miter Brands Acquisition Holdco, Inc. 6.75% 4/1/2032 <sup>(a)</sup>  | 608 | 624 |
| NESCO Holdings II, Inc. 5.50% 4/15/2029 <sup>(a)</sup>  | 7990 | 7877 |
| Norfolk Southern Corp. 5.05% 8/1/2030  | 57 | 59 |
| Norfolk Southern Corp. 4.45% 3/1/2033  | 15 | 15 |
| Norfolk Southern Corp. 5.35% 8/1/2054  | 3426 | 3275 |
| Paychex, Inc. 5.60% 4/15/2035  | 267 | 280 |
| QXO Building Products, Inc. 6.75% 4/30/2032 <sup>(a)</sup>  | 4710 | 4923 |
| Regal Rexnord Corp. 6.30% 2/15/2030  | 1841 | 1952 |
| Regal Rexnord Corp. 6.40% 4/15/2033  | 6975 | 7506 |
| Reworld Holding Corp. 4.875% 12/1/2029 <sup>(a)</sup>  | 4710 | 4531 |
| Sabre GLBL, Inc. 11.125% 7/15/2030 <sup>(a)</sup>  | 4198 | 3486 |
| Science Applications International Corp. 5.875% 11/1/2033 <sup>(a)</sup>  | 1285 | 1304 |
| Sensata Technologies BV 4.00% 4/15/2029 <sup>(a)</sup>  | 3800 | 3723 |
| Sensata Technologies, Inc. 3.75% 2/15/2031 <sup>(a)</sup>  | 3693 | 3468 |
| Siemens Funding BV 5.80% 5/28/2055 <sup>(a)</sup>  | 704 | 738 |
| Siemens Funding BV 5.90% 5/28/2065 <sup>(a)</sup>  | 541 | 568 |
| TransDigm, Inc. 6.375% 3/1/2029 <sup>(a)</sup>  | 300 | 310 |
| TransDigm, Inc. 6.625% 3/1/2032 <sup>(a)</sup>  | 1500 | 1563 |
| TransDigm, Inc. 6.375% 5/31/2033 <sup>(a)</sup>  | 8710 | 8943 |
| TransDigm, Inc. 6.25% 1/31/2034 <sup>(a)</sup>  | 1690 | 1755 |
| TransDigm, Inc. 6.75% 1/31/2034 <sup>(a)</sup>  | 6750 | 7036 |
| Union Pacific Corp. 5.10% 2/20/2035  | 3242 | 3347 |
| Union Pacific Corp. 3.50% 2/14/2053  | 358 | 254 |
| Union Pacific Corp. 5.60% 12/1/2054  | 3316 | 3309 |
| United Rentals (North America), Inc. 5.25% 1/15/2030  | 385 | 391 |
| United Rentals (North America), Inc. 6.125% 3/15/2034 <sup>(a)</sup>  | 2360 | 2461 |
| Verisk Analytics, Inc. 5.125% 2/15/2036  | 5160 | 5196 |
| Waste Pro USA, Inc. 7.00% 2/1/2033 <sup>(a)</sup>  | 615 | 635 |
| WESCO Distribution, Inc. 7.25% 6/15/2028 <sup>(a)</sup>  | 435 | 442 |
| WESCO Distribution, Inc. 6.625% 3/15/2032 <sup>(a)</sup>  | 850 | 889 |
| WESCO Distribution, Inc. 6.375% 3/15/2033 <sup>(a)</sup>  | 895 | 935 |
|  |  | 184759 |

---

---

| | |
|:---|:---|
| **255** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Consumer staples 4.44%** |  |  |
| Albertsons Cos., Inc. 3.50% 3/15/2029 <sup>(a)</sup>  | USD<br> 275<br>| $264 |
| Albertsons Cos., Inc. 5.50% 3/31/2031 <sup>(a)</sup>  | 3950 | 3997 |
| Albertsons Cos., Inc. 5.75% 3/31/2034 <sup>(a)</sup>  | 3775 | 3795 |
| Altria Group, Inc. 5.25% 8/6/2035  | 3300 | 3342 |
| Anheuser-Busch InBev Worldwide, Inc. 5.00% 6/15/2034  | 880 | 910 |
| B&G Foods, Inc. 5.25% 9/15/2027  | 990 | 970 |
| B&G Foods, Inc. 8.00% 9/15/2028 <sup>(a)</sup>  | 7228 | 7120 |
| BAT Capital Corp. 4.625% 3/22/2033  | 630 | 627 |
| BAT Capital Corp. 6.421% 8/2/2033  | 3345 | 3695 |
| BAT Capital Corp. 6.00% 2/20/2034  | 3759 | 4026 |
| BAT Capital Corp. 5.625% 8/15/2035  | 8602 | 8965 |
| BAT Capital Corp. 7.081% 8/2/2053  | 6486 | 7361 |
| BAT Capital Corp. 6.25% 8/15/2055  | 261 | 271 |
| Central Garden & Pet Co. 4.125% 4/30/2031 <sup>(a)</sup>  | 9070 | 8591 |
| Coca-Cola Co. 5.20% 1/14/2055  | 451 | 435 |
| Constellation Brands, Inc. 2.25% 8/1/2031  | 1140 | 1012 |
| Constellation Brands, Inc. 4.75% 5/9/2032  | 3266 | 3281 |
| Coty, Inc. 6.625% 7/15/2030 <sup>(a)</sup>  | 1030 | 1059 |
| Coty, Inc. 5.60% 1/15/2031 <sup>(a)</sup>  | 7748 | 7826 |
| Darling Ingredients, Inc. 6.00% 6/15/2030 <sup>(a)</sup>  | 2250 | 2288 |
| Fiesta Purchaser, Inc. 10.00% 9/30/2032 <sup>(a)</sup>  | 525 | 552 |
| Imperial Brands Finance PLC 5.875% 7/1/2034 <sup>(a)</sup>  | 3180 | 3327 |
| Imperial Brands Finance PLC 5.625% 7/1/2035 <sup>(a)</sup>  | 500 | 514 |
| Imperial Brands Finance PLC 6.375% 7/1/2055 <sup>(a)</sup>  | 1297 | 1326 |
| Ingles Markets, Inc. 4.00% 6/15/2031 <sup>(a)</sup>  | 4924 | 4677 |
| Keurig Dr Pepper, Inc. 5.15% 5/15/2035  | 3221 | 3229 |
| Kronos Acquisition Holdings, Inc. 10.75% 6/30/2032 <sup>(a)</sup>  | 535 | 244 |
| Lamb Weston Holdings, Inc. 4.125% 1/31/2030 <sup>(a)</sup>  | 250 | 242 |
| Lamb Weston Holdings, Inc. 4.375% 1/31/2032 <sup>(a)</sup>  | 5449 | 5196 |
| MARB BondCo PLC 3.95% 1/29/2031  | 1606 | 1457 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(a)</sup>  | 14237 | 14638 |
| Mars, Inc. 5.65% 5/1/2045 <sup>(a)</sup>  | 1330 | 1341 |
| Mars, Inc. 5.70% 5/1/2055 <sup>(a)</sup>  | 8104 | 8078 |
| Mars, Inc. 5.80% 5/1/2065 <sup>(a)</sup>  | 476 | 479 |
| Minerva Luxembourg SA 8.875% 9/13/2033 <sup>(a)</sup>  | 2190 | 2396 |
| Mondelez International, Inc. 4.75% 8/28/2034  | 72 | 72 |
| Mondelez International, Inc. 5.125% 5/6/2035  | 620 | 635 |
| Opal Bidco SAS 6.50% 3/31/2032 <sup>(a)</sup>  | 975 | 999 |
| Performance Food Group, Inc. 4.25% 8/1/2029 <sup>(a)</sup>  | 166 | 163 |
| Performance Food Group, Inc. 6.125% 9/15/2032 <sup>(a)</sup>  | 2190 | 2260 |
| Philip Morris International, Inc. 4.75% 11/1/2031  | 512 | 523 |
| Philip Morris International, Inc. 5.375% 2/15/2033  | 2780 | 2909 |
| Philip Morris International, Inc. 5.625% 9/7/2033  | 5088 | 5406 |
| Philip Morris International, Inc. 5.25% 2/13/2034  | 6875 | 7109 |
| Philip Morris International, Inc. 4.90% 11/1/2034  | 8757 | 8831 |
| Philip Morris International, Inc. 4.625% 10/29/2035  | 1942 | 1901 |
| Post Holdings, Inc. 4.625% 4/15/2030 <sup>(a)</sup>  | 4845 | 4722 |
| Post Holdings, Inc. 6.25% 2/15/2032 <sup>(a)</sup>  | 303 | 312 |
| Post Holdings, Inc. 6.375% 3/1/2033 <sup>(a)</sup>  | 8790 | 8887 |
| Post Holdings, Inc. 6.50% 3/15/2036 <sup>(a)</sup>  | 1845 | 1849 |
| Prestige Brands, Inc. 3.75% 4/1/2031 <sup>(a)</sup>  | 2995 | 2808 |
| TreeHouse Foods, Inc. 4.00% 9/1/2028  | 5808 | 5793 |
| US Foods, Inc. 4.625% 6/1/2030 <sup>(a)</sup>  | 320 | 316 |
| Walmart, Inc. 4.90% 4/28/2035  | 1200 | 1234 |
|  |  | 174260 |
| **Real estate 3.92%** |  |  |
| Anywhere Real Estate Group, LLC 5.25% 4/15/2030 <sup>(a)</sup>  | 2555 | 2397 |
| Boston Properties, LP 2.55% 4/1/2032  | 3422 | 2988 |
| Boston Properties, LP 2.45% 10/1/2033  | 3878 | 3210 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **256** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Real estate (continued)** |  |  |
| Boston Properties, LP 6.50% 1/15/2034  | USD<br> 1,984<br>| $2138 |
| Boston Properties, LP 5.75% 1/15/2035  | 9812 | 10097 |
| Brookfield Property REIT, Inc. 5.75% 5/15/2026 <sup>(a)</sup>  | 504 | 501 |
| Forestar Group, Inc. 6.50% 3/15/2033 <sup>(a)</sup>  | 1385 | 1414 |
| Highwoods Realty, LP 7.65% 2/1/2034  | 4629 | 5278 |
| Howard Hughes Corp. (The) 5.375% 8/1/2028 <sup>(a)</sup>  | 5 | 5 |
| Howard Hughes Corp. (The) 4.125% 2/1/2029 <sup>(a)</sup>  | 7160 | 6964 |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(a)</sup>  | 4261 | 4060 |
| Hudson Pacific Properties, LP 4.65% 4/1/2029  | 500 | 463 |
| Hudson Pacific Properties, LP 3.25% 1/15/2030  | 9985 | 8451 |
| Iron Mountain, Inc. 5.25% 7/15/2030 <sup>(a)</sup>  | 335 | 331 |
| Iron Mountain, Inc. 6.25% 1/15/2033 <sup>(a)</sup>  | 1500 | 1514 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 3309 | 3230 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 7060 | 6660 |
| Kennedy-Wilson, Inc. 5.00% 3/1/2031  | 10000 | 9413 |
| Kilroy Realty, LP 5.875% 10/15/2035  | 4942 | 4967 |
| Kilroy Realty, LP 6.25% 1/15/2036  | 673 | 696 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 1190 | 1219 |
| MPT Operating Partnership, LP 5.00% 10/15/2027  | 13028 | 12627 |
| MPT Operating Partnership, LP 3.50% 3/15/2031  | 2745 | 1998 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(a)</sup>  | 13997 | 14958 |
| Park Intermediate Holdings, LLC 4.875% 5/15/2029 <sup>(a)</sup>  | 8384 | 8193 |
| Pebblebrook Hotel, LP 6.375% 10/15/2029 <sup>(a)</sup>  | 345 | 354 |
| Piedmont Operating Partnership, LP 5.625% 1/15/2033  | 2679 | 2708 |
| Prologis, LP 4.75% 6/15/2033  | 1110 | 1121 |
| Prologis, LP 5.00% 3/15/2034  | 2025 | 2066 |
| Prologis, LP 5.00% 1/31/2035  | 1072 | 1087 |
| RLJ Lodging Trust, LP 3.75% 7/1/2026 <sup>(a)</sup>  | 140 | 140 |
| Service Properties Trust 4.95% 2/15/2027  | 2066 | 2076 |
| Service Properties Trust 8.00% 9/30/2027 <sup>(a)</sup>  | 1895 | 1715 |
| Service Properties Trust 3.95% 1/15/2028  | 5345 | 5050 |
| Service Properties Trust 8.375% 6/15/2029  | 4820 | 4850 |
| Service Properties Trust 4.95% 10/1/2029  | 4769 | 4160 |
| Service Properties Trust 4.375% 2/15/2030  | 7140 | 6056 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(a)</sup>  | 7287 | 7669 |
| Trust 2401 7.70% 1/23/2032 <sup>(a)</sup>  | 280 | 310 |
| VICI Properties, LP 5.625% 4/1/2035  | 944 | 964 |
|  |  | 154098 |
| **Utilities 3.32%** |  |  |
| Aegea Finance SARL 9.00% 1/20/2031 <sup>(a)</sup>  | 1788 | 1894 |
| AEP Transmission Co., LLC 5.375% 6/15/2035  | 125 | 129 |
| Calpine Corp. 5.125% 3/15/2028 <sup>(a)</sup>  | 1000 | 1002 |
| CenterPoint Energy Houston Electric, LLC 5.05% 3/1/2035  | 265 | 268 |
| Comision Federal de Electricidad 6.45% 1/24/2035 <sup>(a)</sup>  | 2040 | 2102 |
| Consumers Energy Co. 5.05% 5/15/2035  | 3945 | 4016 |
| Duke Energy Carolinas, LLC 5.35% 1/15/2053  | 275 | 265 |
| Duke Energy Corp. 4.50% 8/15/2032  | 329 | 328 |
| Duke Energy Florida, LLC 5.875% 11/15/2033  | 90 | 97 |
| Duke Energy Florida, LLC 4.85% 12/1/2035  | 665 | 662 |
| Edison International 4.125% 3/15/2028  | 575 | 569 |
| Edison International 5.25% 11/15/2028  | 750 | 760 |
| Edison International 5.45% 6/15/2029  | 1245 | 1268 |
| Edison International 6.95% 11/15/2029  | 1350 | 1439 |
| Edison International 6.25% 3/15/2030  | 1000 | 1046 |
| Edison International 5.25% 3/15/2032  | 6380 | 6388 |
| Edison International, junior subordinated, 7.875% 6/15/2054 (5-year UST Yield Curve Rate T Note Constant <br> Maturity + 3.658% on 6/15/2029) <sup>(b)</sup>  | 3290 | 3456 |
| Electricite de France SA 9.125% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T <br> Note Constant Maturity + 5.411% on 6/15/2033) <sup>(a)(b)</sup>  | 2750 | 3209 |

---

---

| | |
|:---|:---|
| **257** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** | **Corporate bonds and notes (continued)** |
| **Utilities (continued)** |  |  |
| Enel Finance International NV 5.00% 9/30/2035 <sup>(a)</sup>  | USD<br> 1,250<br>| $1245 |
| Florida Power & Light Co. 5.30% 6/15/2034  | 4750 | 4978 |
| Florida Power & Light Co. 4.70% 2/15/2036  | 1900 | 1883 |
| Ithaca Energy (North sea) PLC 8.125% 10/15/2029 <sup>(a)</sup>  | 565 | 585 |
| Long Ridge Energy, LLC 8.75% 2/15/2032 <sup>(a)</sup>  | 6057 | 6452 |
| NextEra Energy Capital Holdings, Inc. 4.685% 9/1/2027  | 275 | 278 |
| Northern States Power Co. 5.65% 5/15/2055  | 360 | 363 |
| Pacific Gas and Electric Co. 3.00% 6/15/2028  | 220 | 213 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 74 | 74 |
| Pacific Gas and Electric Co. 3.25% 6/1/2031  | 420 | 392 |
| Pacific Gas and Electric Co. 6.15% 1/15/2033  | 1000 | 1062 |
| Pacific Gas and Electric Co. 6.40% 6/15/2033  | 7145 | 7719 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 2800 | 2881 |
| Pacific Gas and Electric Co. 3.30% 8/1/2040  | 135 | 103 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 7673 | 6494 |
| Pacific Gas and Electric Co. 3.50% 8/1/2050  | 12115 | 8185 |
| Pacific Gas and Electric Co. 6.70% 4/1/2053  | 930 | 983 |
| Pacific Gas and Electric Co. 5.90% 10/1/2054  | 605 | 583 |
| PacifiCorp 5.45% 2/15/2034  | 4910 | 4983 |
| PacifiCorp 3.30% 3/15/2051  | 695 | 446 |
| PacifiCorp 2.90% 6/15/2052  | 1508 | 884 |
| PacifiCorp 5.35% 12/1/2053  | 754 | 663 |
| PacifiCorp 5.50% 5/15/2054  | 366 | 327 |
| PacifiCorp 5.80% 1/15/2055  | 6475 | 6047 |
| PG&E Corp. 5.25% 7/1/2030  | 6355 | 6314 |
| PG&E Corp., junior subordinated, 7.375% 3/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity + <br> 3.883% on 3/15/2030) <sup>(b)</sup>  | 6709 | 6991 |
| Public Service Electric and Gas Co. 5.05% 3/1/2035  | 2700 | 2760 |
| Public Service Electric and Gas Co. 4.90% 8/15/2035  | 1236 | 1248 |
| Public Service Enterprise Group, Inc. 5.40% 3/15/2035  | 955 | 984 |
| Southern California Edison Co. 5.65% 10/1/2028  | 254 | 263 |
| Southern California Edison Co. 2.50% 6/1/2031  | 645 | 579 |
| Southern California Edison Co. 5.20% 6/1/2034  | 4280 | 4305 |
| Southern California Edison Co. 4.00% 4/1/2047  | 219 | 164 |
| Southern California Edison Co. 3.65% 2/1/2050  | 9563 | 6693 |
| Southern California Edison Co. 5.90% 3/1/2055  | 1550 | 1498 |
| Southern California Edison Co. 6.20% 9/15/2055  | 700 | 706 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(a)</sup>  | 5019 | 5316 |
| Union Electric Co. 5.25% 4/15/2035  | 2640 | 2725 |
| Union Electric Co. 5.125% 3/15/2055  | 50 | 46 |
| Vistra Operations Co., LLC 4.375% 5/1/2029 <sup>(a)</sup>  | 440 | 435 |
| Xcel Energy, Inc. 5.50% 3/15/2034  | 44 | 45 |
| YPF Energia Electrica SA 7.875% 10/16/2032 <sup>(a)</sup>  | 2755 | 2767 |
|  |  | 130560 |
| **Municipals 0.01%** |  |  |
| Texas Combined Tirz I, LLC 0% 12/7/2062 <sup>(a)(e)</sup>  | 393 | 393 |
| **Total corporate bonds and notes** |  | 2756463 |
| **Mortgage-backed obligations 15.60%** | **Mortgage-backed obligations 15.60%** | **Mortgage-backed obligations 15.60%** |
| **Commercial mortgage-backed securities 9.88%** |  |  |
| 3650R Commercial Mortgage Trust, Series 2022-PF2, Class B, 5.291% 11/15/2055 <sup>(g)(h)</sup>  | 634 | 616 |
| ALA Trust, Series 2025-OANA, Class C, (1-month USD CME Term SOFR + 2.092%) 5.843% 6/15/2030 <sup>(a)(g)(h)</sup>  | 7426 | 7459 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class D, 7.935% 11/10/2029 <sup>(a)(g)(h)</sup>  | 6887 | 7048 |
| Bank5, Series 2025-5YR17, Class B, 5.992% 11/15/2058 <sup>(g)(h)</sup>  | 1996 | 2059 |
| Bank Commercial Mortgage Trust, Series 2022-BNK44, Class B, 5.746% 11/15/2032 <sup>(g)(h)</sup>  | 556 | 564 |
| Bank Commercial Mortgage Trust, Series 2022-BNK44, Class C, 5.746% 11/15/2032 <sup>(g)(h)</sup>  | 500 | 487 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class B, 6.148% 2/15/2056 <sup>(g)(h)</sup>  | 375 | 388 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class C, 6.312% 2/15/2056 <sup>(g)(h)</sup>  | 102 | 103 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class B, 6.457% 4/15/2056 <sup>(g)(h)</sup>  | 400 | 413 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **258** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Bank Commercial Mortgage Trust, Series 2023-5YR2, Class AS, 7.141% 7/15/2056 <sup>(g)(h)</sup>  | USD<br> 267<br>| $282 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class C, 6.774% 8/15/2056 <sup>(g)(h)</sup>  | 493 | 503 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class B, 6.774% 8/15/2056 <sup>(g)(h)</sup>  | 380 | 403 |
| Bank Commercial Mortgage Trust, Series 2023-5YR4, Class B, 7.605% 12/15/2056 <sup>(g)(h)</sup>  | 598 | 642 |
| Bank Commercial Mortgage Trust, Series 2024-5YR9, Class B, 6.483% 8/15/2057 <sup>(g)(h)</sup>  | 3265 | 3419 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class B, 6.322% 11/15/2057 <sup>(g)(h)</sup>  | 1972 | 2053 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class C, 6.322% 11/15/2057 <sup>(g)(h)</sup>  | 629 | 640 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class B, 6.277% 12/15/2057 <sup>(g)(h)</sup>  | 3644 | 3796 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class C, 6.302% 12/15/2057 <sup>(g)(h)</sup>  | 1961 | 2018 |
| Bank Commercial Mortgage Trust, Series 2025-5YR14, Class C, 6.463% 4/15/2058 <sup>(g)(h)</sup>  | 779 | 801 |
| Bank Commercial Mortgage Trust, Series 2025-5YR14, Class B, 6.474% 4/15/2058 <sup>(g)(h)</sup>  | 1747 | 1829 |
| Bank Commercial Mortgage Trust, Series 2019-BN18, Class C, 4.21% 5/15/2062 <sup>(g)(h)</sup>  | 500 | 426 |
| Barclays Commercial Mortgage Securities, LLC, Series 2018-TALL, Class A, ((1-month USD CME Term SOFR + <br> 0.047%) + 0.872%) 4.669% 3/15/2037 <sup>(a)(g)(h)</sup>  | 1600 | 1517 |
| Barclays Commercial Mortgage Securities, LLC, Series 2022-C15, Class C, 3.931% 4/15/2055 <sup>(g)(h)</sup>  | 5684 | 4871 |
| Barclays Commercial Mortgage Securities, LLC, Series 2022-C18, Class C, 6.168% 12/15/2055 <sup>(g)(h)</sup>  | 1008 | 1018 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C19, Class AS, 6.07% 4/15/2056 <sup>(g)(h)</sup>  | 148 | 154 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C20, Class C, 6.611% 7/15/2056 <sup>(g)(h)</sup>  | 470 | 483 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C24, Class C, 6.00% 2/15/2057 <sup>(g)</sup>  | 207 | 202 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C26, Class C, 6.00% 5/15/2057 <sup>(g)(h)</sup>  | 286 | 287 |
| Barclays Commercial Mortgage Securities, LLC, Series 24-5C27, Class B, 6.70% 7/15/2057 <sup>(g)(h)</sup>  | 2530 | 2656 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C28, Class B, 5.894% 9/15/2057 <sup>(g)(h)</sup>  | 2670 | 2750 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C33, Class B, 6.435% 3/15/2058 <sup>(g)(h)</sup>  | 3571 | 3755 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class B, 6.542% 5/15/2058 <sup>(g)(h)</sup>  | 1182 | 1250 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-C32, Class C, 6.125% 2/15/2062 <sup>(g)</sup>  | 3421 | 3470 |
| Benchmark Mortgage Trust, Series 2021-B24, Class C, 3.293% 3/15/2054 <sup>(g)(h)</sup>  | 980 | 761 |
| Benchmark Mortgage Trust, Series 2023-B38, Class AM, 6.121% 4/15/2056 <sup>(g)(h)</sup>  | 226 | 237 |
| Benchmark Mortgage Trust, Series 2024-V7, Class AS, 6.533% 5/15/2056 <sup>(g)(h)</sup>  | 1074 | 1131 |
| Benchmark Mortgage Trust, Series 2023-V3, Class B, 6.924% 7/15/2056 <sup>(g)(h)</sup>  | 500 | 518 |
| Benchmark Mortgage Trust, Series 2023-B40, Class B, 6.581% 12/15/2056 <sup>(g)(h)</sup>  | 893 | 954 |
| Benchmark Mortgage Trust, Series 2024-V5, Class AM, 6.417% 1/10/2057 <sup>(g)(h)</sup>  | 403 | 420 |
| Benchmark Mortgage Trust, Series 2024-V5, Class C, 6.972% 1/10/2057 <sup>(g)(h)</sup>  | 101 | 104 |
| Benchmark Mortgage Trust, Series 2024-V8, Class B, 6.947% 7/15/2057 <sup>(g)(h)</sup>  | 1897 | 2010 |
| Benchmark Mortgage Trust, Series 2024-V9, Class B, 6.466% 8/15/2057 <sup>(g)(h)</sup>  | 1300 | 1355 |
| Benchmark Mortgage Trust, Series 2024-V10, Class B, 5.977% 9/15/2057 <sup>(g)(h)</sup>  | 3000 | 3073 |
| Benchmark Mortgage Trust, Series 2024-V12, Class B, 6.282% 12/15/2057 <sup>(g)(h)</sup>  | 5000 | 5166 |
| Benchmark Mortgage Trust, Series 2025-V15, Class B, 6.425% 6/15/2058 <sup>(g)(h)</sup>  | 1854 | 1940 |
| Benchmark Mortgage Trust, Series 2025-V18, Class C, 6.139% 10/15/2058 <sup>(g)</sup>  | 3860 | 3862 |
| BFLD Trust, Series 2025-5MW, Class A, 4.674% 10/10/2042 <sup>(a)(g)(h)</sup>  | 9148 | 9158 |
| BFLD Trust, Series 2025-5MW, Class D, 6.371% 10/10/2042 <sup>(a)(g)(h)</sup>  | 790 | 806 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class D, (1-month USD CME Term SOFR + 2.59%) 6.34% <br> 3/15/2041 <sup>(a)(g)(h)</sup>  | 1444 | 1447 |
| BMO Mortgage Trust, Series 2023-5C1, Class B, 6.96% 8/15/2056 <sup>(g)(h)</sup>  | 1052 | 1098 |
| BMO Mortgage Trust, Series 2023-5C1, Class C, 7.117% 8/15/2056 <sup>(g)(h)</sup>  | 403 | 416 |
| BMO Mortgage Trust, Series 2024-5C3, Class D, 4.00% 2/15/2057 <sup>(a)(g)</sup>  | 167 | 150 |
| BMO Mortgage Trust, Series 2024-5C3, Class AS, 6.256% 2/15/2057 <sup>(g)(h)</sup>  | 196 | 204 |
| BMO Mortgage Trust, Series 2024-5C5, Class B, 6.747% 2/15/2057 <sup>(g)(h)</sup>  | 2268 | 2371 |
| BMO Mortgage Trust, Series 2024-5C3, Class C, 6.859% 2/15/2057 <sup>(g)(h)</sup>  | 89 | 92 |
| BMO Mortgage Trust, Series 2024-5C5, Class C, 6.88% 2/15/2057 <sup>(g)(h)</sup>  | 2836 | 2933 |
| BMO Mortgage Trust, Series 2024-5C4, Class C, 7.018% 5/15/2057 <sup>(g)(h)</sup>  | 854 | 885 |
| BMO Mortgage Trust, Series 2024-C9, Class B, 6.34% 7/15/2057 <sup>(g)(h)</sup>  | 1897 | 2007 |
| BMO Mortgage Trust, Series 2024-5C6, Class B, 6.086% 9/15/2057 <sup>(g)(h)</sup>  | 1641 | 1691 |
| BMO Mortgage Trust, Series 2024-C10, Class B, 6.079% 11/15/2057 <sup>(g)(h)</sup>  | 771 | 791 |
| BMP Trust, Series 2024-MF23, Class E, (1-month USD CME Term SOFR + 3.389%) 7.139% 6/15/2041 <sup>(a)(g)(h)</sup>  | 2809 | 2820 |
| Boca Commercial Mortgage Trust, Series 2025-BOCA, Class A, (1-month USD CME Term SOFR + 1.60%) <br> 5.45% 12/15/2042 <sup>(a)(g)(h)</sup>  | 2398 | 2405 |
| Boca Commercial Mortgage Trust, Series 2025-BOCA, Class B, (1-month USD CME Term SOFR + 1.90%) <br> 5.75% 12/15/2042 <sup>(a)(g)(h)</sup>  | 1453 | 1458 |
| Boca Commercial Mortgage Trust, Series 2025-BOCA, Class D, (1-month USD CME Term SOFR + 2.50%) <br> 6.35% 12/15/2042 <sup>(a)(g)(h)</sup>  | 331 | 332 |
| BOCA Commercial Mortgage Trust, Series 2025-BOCA, Class C, (1-month USD CME Term SOFR + 2.15%) <br> 6.00% 12/15/2042 <sup>(a)(g)(h)</sup>  | 985 | 988 |

---

---

| | |
|:---|:---|
| **259** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| BX Trust, Series 2024-KING, Class C, (1-month USD CME Term SOFR + 1.94%) 5.691% 5/15/2034 <sup>(a)(g)(h)</sup>  | USD<br> 2,663<br>| $2670 |
| BX Trust, Series 2024-KING, Class D, (1-month USD CME Term SOFR + 2.49%) 6.24% 5/15/2034 <sup>(a)(g)(h)</sup>  | 738 | 741 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 4.74% 1/17/2039 <sup>(a)(g)(h)</sup>  | 769 | 769 |
| BX Trust, Series 2024-VLT4, Class E, (1-month USD CME Term SOFR + 2.889%) 6.64% 6/15/2041 <sup>(a)(g)(h)</sup>  | 10367 | 10364 |
| BX Trust, Series 2024-AIRC, Class D, (1-month USD CME Term SOFR + 3.089%) 6.84% 8/15/2039 <sup>(a)(g)(h)</sup>  | 3745 | 3763 |
| BX Trust, Series 2024-AIR2, Class D, (1-month USD CME Term SOFR + 2.79%) 6.541% 10/15/2041 <sup>(a)(g)(h)</sup>  | 2825 | 2838 |
| BX Trust, Series 2024-GPA2, Class A, (1-month USD CME Term SOFR + 1.542%) 5.292% 11/15/2041 <sup>(a)(g)(h)</sup>  | 2355 | 2360 |
| BX Trust, Series 2024-GPA2, Class D, (1-month USD CME Term SOFR + 2.591%) 6.341% 11/15/2041 <sup>(a)(g)(h)</sup>  | 342 | 343 |
| BX Trust, Series 2024-FNX, Class D, (1-month USD CME Term SOFR + 2.94%) 6.69% 11/15/2041 <sup>(a)(g)(h)</sup>  | 7191 | 7230 |
| BX Trust, Series 2024-GPA2, Class E, (1-month USD CME Term SOFR + 3.54%) 7.29% 11/15/2041 <sup>(a)(g)(h)</sup>  | 2044 | 2049 |
| BX Trust, Series 2025-BIO3, Class D, 6.961% 2/10/2042 <sup>(a)(g)(h)</sup>  | 7679 | 7809 |
| BX Trust, Series 2025-BIO3, Class C, 6.961% 2/10/2042 <sup>(a)(g)(h)</sup>  | 1385 | 1421 |
| BX Trust, Series 2025-VLT6, Class C, (1-month USD CME Term SOFR + 2.192%) 5.942% 3/15/2042 <sup>(a)(g)(h)</sup>  | 5373 | 5372 |
| BX Trust, Series 2025-VLT6, Class D, (1-month USD CME Term SOFR + 2.592%) 6.342% 3/15/2042 <sup>(a)(g)(h)</sup>  | 3282 | 3281 |
| BX Trust, Series 2025-GW, Class C, (1-month USD CME Term SOFR + 2.10%) 5.85% 7/15/2042 <sup>(a)(g)(h)</sup>  | 5520 | 5548 |
| BX Trust, Series 2020-VIV4, Class A, 2.843% 3/9/2044 <sup>(a)(g)</sup>  | 500 | 465 |
| BX Trust, Series 2020-VIV2, Class C, 3.542% 3/9/2044 <sup>(a)(g)(h)</sup>  | 500 | 470 |
| BX Trust, Series 2020-VIV3, Class B, 3.544% 3/9/2044 <sup>(a)(g)(h)</sup>  | 495 | 469 |
| BX Trust, Series 2025-VLT7, Class A, (1-month USD CME Term SOFR + 1.70%) 5.45% 7/15/2044 <sup>(a)(g)(h)</sup>  | 10420 | 10453 |
| BX Trust, Series 2025-VLT7, Class B, (1-month USD CME Term SOFR + 2.00%) 5.75% 7/15/2044 <sup>(a)(g)(h)</sup>  | 4325 | 4340 |
| BX Trust, Series 2025-VLT7, Class C, (1-month USD CME Term SOFR + 2.35%) 6.10% 7/15/2044 <sup>(a)(g)(h)</sup>  | 3997 | 4013 |
| BX Trust, Series 2025-VOLT, Class A, (1-month USD CME Term SOFR + 1.70%) 5.70% 12/15/2044 <sup>(a)(g)(h)</sup>  | 8725 | 8746 |
| BX Trust, Series 2025-VOLT, Class C, (1-month USD CME Term SOFR + 2.10%) 6.10% 12/15/2044 <sup>(a)(g)(h)</sup>  | 11990 | 12053 |
| BX Trust, Series 2025-VOLT, Class D, (1-month USD CME Term SOFR + 2.75%) 6.75% 12/15/2044 <sup>(a)(g)(h)</sup>  | 821 | 823 |
| CART, Series 2024-DFW1, Class D, (1-month USD CME Term SOFR + 3.04%) 6.79% 8/15/2041 <sup>(a)(g)(h)</sup>  | 2884 | 2889 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class D, 6.047% 6/10/2028 <sup>(a)(g)(h)</sup>  | 1129 | 1133 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class C, 6.047% 10/12/2040 <sup>(a)(g)(h)</sup>  | 245 | 249 |
| Citigroup Commercial Mortgage Trust, Series 2020-GC46, Class B, 3.15% 2/15/2053 <sup>(g)(h)</sup>  | 140 | 124 |
| DATA 2023-CNTR Mortgage Trust, Series 2023-CNTR, Class D, 5.728% 8/12/2043 <sup>(a)(g)(h)</sup>  | 664 | 619 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class D, 7.14% 9/12/2040 <sup>(a)(g)(h)</sup>  | 1546 | 1592 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class A, 5.317% 8/10/2042 <sup>(a)(g)(h)</sup>  | 4374 | 4466 |
| ELM Trust 2024, Series 2024-ELM, Class D10, 6.847% 6/10/2039 <sup>(a)(g)(h)</sup>  | 744 | 746 |
| ELM Trust 2024, Series 2024-ELM, Class D15, 6.897% 6/10/2039 <sup>(a)(g)(h)</sup>  | 669 | 671 |
| Extended Stay America Trust, Series 2025-ESH, Class A, (1-month USD CME Term SOFR + 1.30%) 5.05% <br> 10/15/2042 <sup>(a)(g)(h)</sup>  | 2654 | 2662 |
| Extended Stay America Trust, Series 2025-ESH, Class D, (1-month USD CME Term SOFR + 2.60%) 6.35% <br> 10/15/2042 <sup>(a)(g)(h)</sup>  | 2914 | 2940 |
| FIVE Mortgage Trust, Series 2023-V1, Class B, 6.348% 2/10/2056 <sup>(g)(h)</sup>  | 495 | 509 |
| FIVE Mortgage Trust, Series 2023-V1, Class C, 6.348% 2/10/2056 <sup>(g)(h)</sup>  | 195 | 197 |
| Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class F, (1-month USD CME Term SOFR + 4.25%) 8.00% <br> 12/15/2039 <sup>(a)(g)(h)</sup>  | 4390 | 4429 |
| FS Commercial Mortgage Trust, Series 2023-4SZN, Class D, 9.08% 11/10/2039 <sup>(a)(g)(h)</sup>  | 3655 | 3741 |
| Great Wolf Trust, Series 2024-WOLF, Class C, (1-month USD CME Term SOFR + 2.391%) 6.141% <br> 3/15/2039 <sup>(a)(g)(h)</sup>  | 2642 | 2656 |
| Great Wolf Trust, Series 2024-WOLF, Class D, (1-month USD CME Term SOFR + 2.89%) 6.64% <br> 3/15/2039 <sup>(a)(g)(h)</sup>  | 960 | 967 |
| GS Mortgage Securities Trust, Series 2024-70P, Class A, 5.487% 3/10/2041 <sup>(a)(g)(h)</sup>  | 670 | 678 |
| GS Mortgage Securities Trust, Series 2024-70P, Class B, 5.887% 3/10/2041 <sup>(a)(g)(h)</sup>  | 380 | 386 |
| GS Mortgage Securities Trust, Series 2024-70P, Class C, 6.287% 3/10/2041 <sup>(a)(g)(h)</sup>  | 1885 | 1900 |
| GS Mortgage Securities Trust, Series 2024-70P, Class D, 7.531% 3/10/2041 <sup>(a)(g)(h)</sup>  | 2897 | 2969 |
| GS Mortgage Securities Trust, Series 2019-GC40, Class C, 3.946% 7/10/2052 <sup>(g)</sup>  | 900 | 758 |
| GS Mortgage Securities Trust, Series 2020-GSA2, Class C, 2.989% 12/12/2053 <sup>(g)</sup>  | 2950 | 2371 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class C, (1-month USD CME Term SOFR + 2.042%) 5.792% <br> 3/15/2042 <sup>(a)(g)(h)</sup>  | 281 | 282 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.341% <br> 3/15/2042 <sup>(a)(g)(h)</sup>  | 1630 | 1640 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class E, (1-month USD CME Term SOFR + 3.29%) 7.04% <br> 3/15/2042 <sup>(a)(g)(h)</sup>  | 2938 | 2885 |
| Hilton USA Trust, Series 2024-ORL, Class B, (1-month USD CME Term SOFR + 1.941%) 5.691% <br> 5/15/2037 <sup>(a)(g)(h)</sup>  | 2000 | 2007 |
| Hilton USA Trust, Series 2024-ORL, Class C, (1-month USD CME Term SOFR + 2.44%) 6.19% 5/15/2037 <sup>(a)(g)(h)</sup>  | 2324 | 2334 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.462% 2/5/2045 <sup>(a)(g)(h)</sup>  | 1076 | 1117 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **260** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class C, 7.088% 5/10/2039 <sup>(a)(g)(h)</sup>  | USD<br> 945<br>| $961 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class D, 8.198% 5/10/2039 <sup>(a)(g)(h)</sup>  | 2026 | 2074 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class E, 6.678% 1/13/2040 <sup>(a)(g)(h)</sup>  | 7070 | 7348 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class C, (1-month USD CME Term SOFR + 2.25%) 6.00% <br> 3/15/2042 <sup>(a)(g)(h)</sup>  | 6000 | 6020 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class D, (1-month USD CME Term SOFR + 2.85%) 6.60% <br> 3/15/2042 <sup>(a)(g)(h)</sup>  | 6000 | 6030 |
| Invitation Homes Trust, Series 2024-SFR1, Class F, 4.50% 9/17/2041 <sup>(a)(g)</sup>  | 3572 | 3385 |
| Invitation Homes Trust, Series 2024-SFR1, Class E, 4.50% 9/17/2041 <sup>(a)(g)</sup>  | 2034 | 1962 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class A, (1-month USD CME Term SOFR + <br> 1.593%) 5.343% 11/15/2039 <sup>(a)(g)(h)</sup>  | 1381 | 1385 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class B, (1-month USD CME Term SOFR + <br> 1.942%) 5.692% 11/15/2039 <sup>(a)(g)(h)</sup>  | 2500 | 2510 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class C, (1-month USD CME Term SOFR + <br> 2.242%) 5.992% 11/15/2039 <sup>(a)(g)(h)</sup>  | 942 | 948 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class D, (1-month USD CME Term SOFR + 3.29%) 7.04% <br> 12/15/2039 <sup>(a)(g)(h)</sup>  | 3884 | 3881 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class E, (1-month USD CME Term SOFR + 4.538%) 8.288% <br> 12/15/2039 <sup>(a)(g)(h)</sup>  | 4855 | 4878 |
| LV Trust, Series 2024-SHOW, Class C, 6.074% 10/10/2041 <sup>(a)(g)(h)</sup>  | 1619 | 1634 |
| Manhattan West, Series 2020-1MW, Class C, 2.413% 9/10/2039 <sup>(a)(g)(h)</sup>  | 2942 | 2821 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS, 3.561% 4/15/2048 <sup>(g)</sup>  | 483 | 469 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C2, Class C, 5.743% 11/15/2058 <sup>(g)(h)</sup>  | 633 | 631 |
| MSWF Commercial Mortgage Trust, Series 2023-1, Class B, 6.683% 5/15/2033 <sup>(g)(h)</sup>  | 410 | 437 |
| Multifamily Connecticut Avenue Securities, Series 2020-1, Class M10, (30-day Average USD-SOFR + 3.864%) <br> 7.739% 3/25/2050 <sup>(a)(g)(h)</sup>  | 1161 | 1187 |
| Multifamily Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 7.874% 11/25/2053 <sup>(a)(g)(h)</sup>  | 1474 | 1521 |
| Multifamily Connecticut Avenue Securities, Series 2023-01, Class M10, (30-day Average USD-SOFR + 6.50%) <br> 10.374% 11/25/2053 <sup>(a)(g)(h)</sup>  | 4882 | 5567 |
| Multifamily Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.274% 5/25/2055 <sup>(a)(g)(h)</sup>  | 4964 | 4991 |
| Multifamily Connecticut Avenue Securities, Series 2025-01, Class M2, (30-day Average USD-SOFR + 3.10%) <br> 6.974% 5/25/2055 <sup>(a)(g)(h)</sup>  | 1291 | 1297 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class A, 5.664% 2/10/2047 <sup>(a)(g)(h)</sup>  | 475 | 500 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class B, 5.928% 2/10/2047 <sup>(a)(g)(h)</sup>  | 456 | 476 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class C, 6.172% 2/10/2047 <sup>(a)(g)(h)</sup>  | 527 | 545 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class A, 4.669% 11/5/2038 <sup>(a)(g)(h)</sup>  | 4590 | 4603 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class B, 5.007% 11/5/2038 <sup>(a)(g)(h)</sup>  | 4664 | 4678 |
| NYC Commercial Mortgage Trust, Series 2025-28L, Class D, 6.213% 11/5/2038 <sup>(a)(g)(h)</sup>  | 6723 | 6773 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class C, (1-month USD CME Term SOFR + 1.892%) <br> 5.642% 2/15/2042 <sup>(a)(g)(h)</sup>  | 1329 | 1326 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class D, (1-month USD CME Term SOFR + 2.441%) <br> 6.191% 2/15/2042 <sup>(a)(g)(h)</sup>  | 1824 | 1823 |
| SCG Hotel Issuer, Inc., Series 2025-SNIP, Class A, 5.75% 9/15/2042 <sup>(a)(g)(h)</sup>  | 8227 | 8252 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class B, (1-month USD CME Term SOFR + 1.741%) <br> 5.491% 5/15/2039 <sup>(a)(g)(h)</sup>  | 486 | 485 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.015% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(a)(b)(g)</sup>  | 3395 | 3390 |
| SHR Trust, Series 2024-LXRY, Class D, (1-month USD CME Term SOFR + 3.60%) 7.35% 10/15/2041 <sup>(a)(g)(h)</sup>  | 1901 | 1918 |
| StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class D, (1-month USD CME Term SOFR + <br> 1.95%) 5.70% 1/15/2039 <sup>(a)(g)(h)</sup>  | 2000 | 1995 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class D, (1-month USD CME Term SOFR + 2.591%) <br> 6.391% 2/15/2042 <sup>(a)(g)(h)</sup>  | 4894 | 4858 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class E, (1-month USD CME Term SOFR + 3.29%) <br> 7.09% 2/15/2042 <sup>(a)(g)(h)</sup>  | 6182 | 6158 |
| UBS Commercial Mortgage Trust, Series 2017-C1, Class AS, 3.724% 6/15/2050 <sup>(g)</sup>  | 1915 | 1880 |
| UBS Commercial Mortgage Trust, Series 2017-C3, Class C, 4.355% 8/15/2050 <sup>(g)(h)</sup>  | 791 | 744 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-1918, Class A, 5.761% 9/15/2040 <sup>(a)(g)(h)</sup>  | 1658 | 1675 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C35, Class C, 4.176% 7/15/2048 <sup>(g)(h)</sup>  | 3000 | 2961 |
| Wells Fargo Commercial Mortgage Trust, Series 2018-C46, Class B, 4.633% 8/15/2051 <sup>(g)</sup>  | 967 | 936 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C1, Class B, 6.821% 7/15/2057 <sup>(g)(h)</sup>  | 3600 | 3770 |

---

---

| | |
|:---|:---|
| **261** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class B, 6.333% 11/15/2057 <sup>(g)(h)</sup>  | USD<br> 903<br>| $940 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C4, Class B, 6.394% 5/15/2058 <sup>(g)(h)</sup>  | 1033 | 1086 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C5, Class B, 6.219% 7/15/2058 <sup>(g)(h)</sup>  | 1000 | 1038 |
| WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%) <br> 6.539% 11/15/2027 <sup>(a)(g)(h)</sup>  | 360 | 363 |
| WSTN Trust, Series 2023-MAUI, Class B, 7.018% 7/5/2037 <sup>(a)(g)(h)</sup>  | 260 | 264 |
| WSTN Trust, Series 2023-MAUI, Class C, 7.69% 7/5/2037 <sup>(a)(g)(h)</sup>  | 148 | 150 |
| WSTN Trust, Series 2023-MAUI, Class D, 8.455% 7/5/2037 <sup>(a)(g)(h)</sup>  | 2516 | 2534 |
|  |  | 388310 |
| **Federal agency mortgage-backed obligations 3.09%** |  |  |
| Fannie Mae Pool #DA5999 5.50% 3/1/2054 <sup>(g)</sup>  | 28 | 28 |
| Fannie Mae Pool #MA5354 6.00% 5/1/2054 <sup>(g)</sup>  | 13429 | 13796 |
| Fannie Mae Pool #DB5508 5.50% 6/1/2054 <sup>(g)</sup>  | 132 | 134 |
| Fannie Mae Pool #MA5421 6.00% 7/1/2054 <sup>(g)</sup>  | 14368 | 14761 |
| Fannie Mae Pool #FS8600 6.00% 7/1/2054 <sup>(g)</sup>  | 3342 | 3459 |
| Fannie Mae Pool #FS9839 6.00% 8/1/2054 <sup>(g)</sup>  | 264 | 271 |
| Fannie Mae Pool #DC2313 5.50% 9/1/2054 <sup>(g)</sup>  | 42 | 42 |
| Fannie Mae Pool #DC3465 6.00% 9/1/2054 <sup>(g)</sup>  | 299 | 307 |
| Fannie Mae Pool #DC2987 6.00% 10/1/2054 <sup>(g)</sup>  | 206 | 212 |
| Fannie Mae Pool #MA5531 5.50% 11/1/2054 <sup>(g)</sup>  | 108 | 110 |
| Fannie Mae Pool #FA0287 6.00% 12/1/2054 <sup>(g)</sup>  | 1725 | 1774 |
| Fannie Mae Pool #DD2543 6.00% 2/1/2055 <sup>(g)</sup>  | 498 | 512 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(g)</sup>  | 145 | 149 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(g)</sup>  | 47 | 48 |
| Fannie Mae Pool #MA5674 6.00% 4/1/2055 <sup>(g)</sup>  | 1709 | 1756 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(g)</sup>  | 7002 | 7195 |
| FARM Mortgage Trust, Series 2024-1, Class B, 5.084% 10/1/2053 <sup>(a)(g)(h)</sup>  | 1297 | 1168 |
| Farmer Mac Agricultural Real Estate Trust, Series 2024-2, Class B, 5.591% 8/1/2054 <sup>(a)(g)(h)</sup>  | 911 | 827 |
| Farmer Mac Agricultural Real Estate Trust, Series 2025-1, Class A1, 5.22% 8/1/2055 <sup>(a)(g)(h)</sup>  | 9528 | 9671 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(g)</sup>  | 242 | 249 |
| Freddie Mac Pool #SD8432 6.00% 5/1/2054 <sup>(g)</sup>  | 890 | 914 |
| Freddie Mac Pool #SD8438 5.50% 6/1/2054 <sup>(g)</sup>  | 30 | 31 |
| Freddie Mac Pool #SD6143 6.00% 7/1/2054 <sup>(g)</sup>  | 4565 | 4690 |
| Freddie Mac Pool #SD6800 6.00% 8/1/2054 <sup>(g)</sup>  | 7901 | 8139 |
| Freddie Mac Pool #SD7274 6.00% 9/1/2054 <sup>(g)</sup>  | 19 | 20 |
| Freddie Mac Pool #SD6585 5.50% 10/1/2054 <sup>(g)</sup>  | 22 | 23 |
| Freddie Mac Pool #SD8495 6.00% 12/1/2054 <sup>(g)</sup>  | 5876 | 6037 |
| Freddie Mac Pool #SD8496 6.00% 1/1/2055 <sup>(g)</sup>  | 206 | 211 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(g)</sup>  | 6958 | 7149 |
| Freddie Mac Pool #SL0585 5.50% 3/1/2055 <sup>(g)</sup>  | 27 | 28 |
| Freddie Mac Pool #SL0924 6.00% 3/1/2055 <sup>(g)</sup>  | 1342 | 1379 |
| Freddie Mac Pool #QX9674 6.00% 3/1/2055 <sup>(g)</sup>  | 214 | 220 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(g)</sup>  | 22899 | 23528 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(g)</sup>  | 5787 | 5946 |
| Freddie Mac Pool #QY8605 6.00% 7/1/2055 <sup>(g)</sup>  | 6247 | 6420 |
|  |  | 121204 |
| **Collateralized mortgage-backed obligations (privately originated) 2.63%** |  |  |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class M1, 4.25% 4/25/2033 <sup>(a)(g)(h)</sup>  | 224 | 222 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M3, 4.00% 8/25/2034 <sup>(a)(g)(h)</sup>  | 971 | 938 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M2, 4.00% 8/25/2034 <sup>(a)(g)(h)</sup>  | 637 | 623 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(a)(g)(h)</sup>  | 545 | 536 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(a)(g)(h)</sup>  | 1985 | 1949 |
| Connecticut Avenue Securities Trust, Series 2020-R01, Class 1B1, (30-day Average USD-SOFR + 3.364%) <br> 7.239% 1/25/2040 <sup>(a)(g)(h)</sup>  | 4700 | 4789 |
| Connecticut Avenue Securities Trust, Series 2023-R01, Class 1M1, (30-day Average USD-SOFR + 2.40%) <br> 6.274% 12/25/2042 <sup>(a)(g)(h)</sup>  | 579 | 591 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **262** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M2, (30-day Average USD-SOFR + 3.55%) <br> 7.424% 5/25/2043 <sup>(a)(g)(h)</sup>  | USD<br> 285<br>| $299 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(a)(b)(g)</sup>  | 4688 | 4545 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA3, Class A1, (30-day Average <br> USD-SOFR + 0.95%) 4.824% 9/25/2045 <sup>(a)(g)(h)</sup>  | 1469 | 1470 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2018-DNA3, Class B2, (30-day Average <br> USD-SOFR + 7.864%) 11.739% 9/25/2048 <sup>(a)(g)(h)</sup>  | 2500 | 2865 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA1, Class B2, (30-day Average <br> USD-SOFR + 5.214%) 9.089% 1/25/2050 <sup>(a)(g)(h)</sup>  | 2000 | 2225 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA1, Class B2, (30-day Average <br> USD-SOFR + 5.364%) 9.239% 1/25/2050 <sup>(a)(g)(h)</sup>  | 2240 | 2490 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA2, Class B2, (30-day Average <br> USD-SOFR + 4.914%) 8.789% 2/25/2050 <sup>(a)(g)(h)</sup>  | 633 | 699 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA2, Class B2, (30-day Average <br> USD-SOFR + 7.714%) 11.589% 3/25/2050 <sup>(a)(g)(h)</sup>  | 440 | 534 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA4, Class B2, (30-day Average <br> USD-SOFR + 10.114%) 13.989% 8/25/2050 <sup>(a)(g)(h)</sup>  | 6430 | 8583 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA4, Class B2, (30-day Average <br> USD-SOFR + 9.514%) 13.389% 9/25/2050 <sup>(a)(g)(h)</sup>  | 1210 | 1569 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA5, Class B2, (30-day Average <br> USD-SOFR + 11.50%) 15.702% 10/25/2050 <sup>(a)(g)(h)</sup>  | 4680 | 6491 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA5, Class B2, (30-day Average <br> USD-SOFR + 7.40%) 11.274% 11/25/2050 <sup>(a)(g)(h)</sup>  | 1180 | 1445 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA6, Class B2, (30-day Average <br> USD-SOFR + 5.65%) 9.524% 12/25/2050 <sup>(a)(g)(h)</sup>  | 2430 | 2806 |
| GS Mortgage-Backed Securities Trust, Series 2025-RPL3, Class A1, 4.10% 7/25/2065 (5.10% on <br> 6/1/2029) <sup>(a)(b)(g)</sup>  | 4691 | 4592 |
| IRV Trust, Series 2025-200P, Class A, 5.295% 3/14/2047 <sup>(a)(g)(h)</sup>  | 3089 | 3175 |
| IRV Trust, Series 2025-200P, Class B, 5.44% 3/14/2047 <sup>(a)(g)(h)</sup>  | 2750 | 2784 |
| IRV Trust, Series 2025-200P, Class C, 5.73% 3/14/2047 <sup>(a)(g)(h)</sup>  | 3273 | 3331 |
| NRZ Excess Spread Collateralized Notes, Series 2025-FHT1, Class A, 6.545% 3/25/2032 <sup>(a)(b)(g)</sup>  | 6043 | 6113 |
| Progress Residential Trust, Series 2024-SFR1, Class E2, 3.85% 2/17/2041 <sup>(a)(g)</sup>  | 465 | 442 |
| Progress Residential Trust, Series 2024-SFR2, Class E2, 3.65% 4/17/2041 <sup>(a)(g)(h)</sup>  | 449 | 423 |
| Progress Residential Trust, Series 2024-SFR3, Class E2, 4.00% 6/17/2041 <sup>(a)(g)</sup>  | 534 | 507 |
| Progress Residential Trust, Series 2025-SFR1, Class D, 3.65% 2/17/2042 <sup>(a)(g)</sup>  | 1799 | 1696 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(a)(g)</sup>  | 3239 | 3090 |
| Progress Residential Trust, Series 2025-SFR6, Class A, 2.378% 9/17/2042 (4.00% on 1/17/2026) <sup>(a)(b)(g)</sup>  | 13393 | 13078 |
| Sequoia Mortgage Trust, Series 2025-HYB1, Class A1A, 5.061% 10/25/2055 <sup>(a)(g)(h)</sup>  | 7347 | 7377 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class C, (1-month USD CME Term SOFR + 2.45%) <br> 6.20% 10/17/2041 <sup>(a)(g)(h)</sup>  | 3333 | 3347 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class D, (1-month USD CME Term SOFR + 2.95%) <br> 6.70% 10/17/2041 <sup>(a)(g)(h)</sup>  | 4571 | 4605 |
| Tricon Residential Trust, Series 2023-SFR1, Class C, 5.10% 7/17/2040 <sup>(a)(g)</sup>  | 100 | 100 |
| Tricon Residential Trust, Series 2023-SFR1, Class E, 7.977% 7/17/2040 <sup>(a)(g)</sup>  | 100 | 102 |
| Tricon Residential Trust, Series 2025-SFR2, Class B, 5.424% 8/17/2044 <sup>(a)(g)</sup>  | 2998 | 3042 |
|  |  | 103473 |
| **Total mortgage-backed obligations** |  | 612987 |
| **Asset-backed obligations 7.77%** | **Asset-backed obligations 7.77%** | **Asset-backed obligations 7.77%** |
| **Auto loan 2.38%** |  |  |
| American Credit Acceptance Receivables Trust, Series 2023-2, Class D, 6.47% 8/13/2029 <sup>(a)(g)</sup>  | 347 | 350 |
| American Credit Acceptance Receivables Trust, Series 2023-1, Class E, 9.79% 12/12/2029 <sup>(a)(g)</sup>  | 3225 | 3303 |
| American Credit Acceptance Receivables Trust, Series 2022-4, Class E, 10.00% 1/14/2030 <sup>(a)(g)</sup>  | 6480 | 6611 |
| American Credit Acceptance Receivables Trust, Series 2023-4, Class E, 9.79% 8/12/2031 <sup>(a)(g)</sup>  | 8071 | 8510 |
| American Credit Acceptance Receivables Trust, Series 2023-3, Class E, 9.54% 10/14/2031 <sup>(a)(g)</sup>  | 8071 | 8419 |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class E, 7.87% 11/12/2031 <sup>(a)(g)</sup>  | 3889 | 3993 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class E, 7.98% 11/12/2031 <sup>(a)(g)</sup>  | 5980 | 6144 |
| Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class E, 7.30% 10/15/2032 <sup>(a)(g)</sup>  | 750 | 739 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class B, 7.09% 4/20/2027 <sup>(a)(g)</sup>  | 369 | 370 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-3A, Class B, 6.12% 2/22/2028 <sup>(a)(g)</sup>  | 100 | 102 |

---

---

| | |
|:---|:---|
| **263** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-3A, Class C, 7.05% 2/22/2028 <sup>(a)(g)</sup>  | USD<br> 187<br>| $191 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class D, 7.31% 6/20/2029 <sup>(a)(g)</sup>  | 578 | 594 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6A, Class D, 7.37% 12/20/2029 <sup>(a)(g)</sup>  | 997 | 1025 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8A, Class D, 7.52% 2/20/2030 <sup>(a)(g)</sup>  | 1541 | 1585 |
| CPS Auto Receivables Trust, Series 2024-A, Class C, 5.74% 4/15/2030 <sup>(a)(g)</sup>  | 100 | 101 |
| CPS Auto Receivables Trust, Series 2024-A, Class D, 6.13% 4/15/2030 <sup>(a)(g)</sup>  | 100 | 102 |
| CPS Auto Receivables Trust, Series 2022-D, Class E, 12.12% 6/17/2030 <sup>(a)(g)</sup>  | 3000 | 3269 |
| CPS Auto Receivables Trust, Series 2024-A, Class E, 8.42% 8/15/2031 <sup>(a)(g)</sup>  | 700 | 730 |
| CPS Auto Receivables Trust, Series 2024-C, Class E, 8.04% 3/15/2032 <sup>(a)(g)</sup>  | 1125 | 1167 |
| CPS Auto Receivables Trust, Series 2025-C, Class E, 6.59% 2/15/2033 <sup>(a)(g)</sup>  | 1852 | 1833 |
| Credit Acceptance Auto Loan Trust, Series 2023-3, Class B, 7.09% 10/17/2033 <sup>(a)(g)</sup>  | 118 | 120 |
| Credit Acceptance Auto Loan Trust, Series 2023-3, Class C, 7.62% 12/15/2033 <sup>(a)(g)</sup>  | 136 | 140 |
| Credit Acceptance Auto Loan Trust, Series 2025-2A, Class C, 5.38% 3/17/2036 <sup>(a)(g)</sup>  | 1751 | 1783 |
| Exeter Automobile Receivables Trust, Series 2023-2A, Class E, 9.75% 11/15/2030 <sup>(a)(g)</sup>  | 2212 | 2416 |
| Exeter Automobile Receivables Trust, Series 2024-4A, Class D, 5.81% 12/16/2030 <sup>(g)</sup>  | 559 | 572 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class E, 9.98% 1/15/2031 <sup>(a)(g)</sup>  | 1014 | 1101 |
| Exeter Automobile Receivables Trust, Series 2023-4A, Class E, 9.57% 2/18/2031 <sup>(a)(g)</sup>  | 1100 | 1190 |
| Exeter Automobile Receivables Trust, Series 2023-5A, Class E, 9.58% 6/16/2031 <sup>(a)(g)</sup>  | 1351 | 1472 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class E, 7.89% 8/15/2031 <sup>(a)(g)</sup>  | 1170 | 1221 |
| Exeter Automobile Receivables Trust, Series 2025-5A, Class D, 5.16% 3/15/2032 <sup>(g)</sup>  | 2659 | 2680 |
| Ford Credit Floorplan Master Owner Trust, Series 2023-1, Class D, 6.62% 5/15/2028 <sup>(a)(g)</sup>  | 584 | 588 |
| GLS Auto Receivables Trust, Series 2023-3, Class D, 6.44% 5/15/2029 <sup>(a)(g)</sup>  | 68 | 70 |
| GLS Auto Receivables Trust, Series 2024-1, Class D, 5.95% 12/17/2029 <sup>(a)(g)</sup>  | 397 | 404 |
| GLS Auto Receivables Trust, Series 2023-3, Class E, 9.27% 8/15/2030 <sup>(a)(g)</sup>  | 950 | 1015 |
| GLS Auto Receivables Trust, Series 2023-4, Class E, 9.72% 8/15/2030 <sup>(a)(g)</sup>  | 1010 | 1091 |
| GLS Auto Receivables Trust, Series 2024-2, Class E, 7.98% 5/15/2031 <sup>(a)(g)</sup>  | 1170 | 1223 |
| Hertz Vehicle Financing III, LLC, Series 2023-3, Class B, 6.53% 2/25/2028 <sup>(a)(g)</sup>  | 203 | 207 |
| Hertz Vehicle Financing III, LLC, Series 2023-3, Class C, 7.26% 2/25/2028 <sup>(a)(g)</sup>  | 300 | 306 |
| Hertz Vehicle Financing III, LLC, Series 2022-2, Class D, 5.16% 6/26/2028 <sup>(a)(g)</sup>  | 478 | 469 |
| Hertz Vehicle Financing III, LLC, Series 2023-4, Class B, 6.73% 3/25/2030 <sup>(a)(g)</sup>  | 233 | 245 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class D, 9.22% 1/25/2029 <sup>(a)(g)</sup>  | 250 | 259 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class C, 6.03% 9/25/2029 <sup>(a)(g)</sup>  | 3298 | 3355 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class D, 7.98% 9/25/2029 <sup>(a)(g)</sup>  | 1414 | 1435 |
| Hertz Vehicle Financing, LLC, Series 2024-2A, Class D, 9.41% 1/27/2031 <sup>(a)(g)</sup>  | 250 | 265 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class C, 6.40% 9/25/2031 <sup>(a)(g)</sup>  | 3831 | 3921 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class D, 8.34% 9/25/2031 <sup>(a)(g)</sup>  | 1310 | 1325 |
| Hertz Vehicle Financing, LLC, Series 2025-4A, Class C, 6.48% 12/26/2031 <sup>(a)(g)</sup>  | 453 | 464 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(a)(g)</sup>  | 273 | 274 |
| Prestige Auto Receivables Trust, Series 2023-1, Class D, 6.33% 4/16/2029 <sup>(a)(g)</sup>  | 543 | 542 |
| Prestige Auto Receivables Trust, Series 2024-1, Class E, 7.94% 4/15/2031 <sup>(a)(g)</sup>  | 512 | 479 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-4A, Class B, 5.497% 4/25/2034 <sup>(a)(g)</sup>  | 5142 | 5192 |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class C, 6.69% 3/17/2031 <sup>(g)</sup>  | 149 | 152 |
| Santander Drive Auto Receivables Trust, Series 2025-4, Class D, 4.95% 1/15/2032 <sup>(g)</sup>  | 3327 | 3343 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class B, 4.728% 9/26/2033 <sup>(a)(g)</sup>  | 2159 | 2163 |
| United Auto Credit Securitization Trust, Series 2024-1, Class D, 8.30% 11/12/2029 <sup>(a)(g)</sup>  | 3000 | 3058 |
|  |  | 93678 |
| **Other asset-backed securities 2.22%** |  |  |
| ACHD Trust, Series 2025-DS1, Class A, 5.978% 1/9/2034 <sup>(a)(g)</sup>  | 1228 | 1232 |
| APL Finance, LLC, Series 2025-1A, Class A, 4.81% 3/20/2036 <sup>(a)(g)</sup>  | 707 | 710 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 <sup>(a)(g)</sup>  | 744 | 760 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 6.576% 2/16/2050 <sup>(a)(g)</sup>  | 354 | 359 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class C, 6.38% 1/15/2031 <sup>(a)(g)</sup>  | 139 | 142 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(a)(g)</sup>  | 1201 | 1222 |
| Castlelake Aircraft Securitization Trust, Series 2025-3A, Class A, 5.087% 11/15/2050 <sup>(a)(g)</sup>  | 4037 | 4056 |
| CCG Receivables Trust, Series 2025-1, Class D, 5.28% 10/14/2032 <sup>(a)(g)</sup>  | 160 | 162 |
| CFG Investments, Ltd., Series 2025-1, Class A, 6.47% 3/25/2036 <sup>(a)(g)</sup>  | 4839 | 4922 |
| CFG Investments, Ltd., Series 2025-1, Class B, 9.16% 3/25/2036 <sup>(a)(g)</sup>  | 477 | 488 |
| CFG Investments, Ltd., Series 2025-1, Class C, 12.72% 3/25/2036 <sup>(a)(g)</sup>  | 400 | 417 |
| Commercial Equipment Finance, Series 2025-1A, Class A, 4.83% 5/15/2031 <sup>(a)(g)</sup>  | 3315 | 3332 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **264** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Crockett Partners Equipment Co. II, LLC, Series 2024-1C, Class A, 6.05% 1/20/2031 <sup>(a)(g)</sup>  | USD<br> 486<br>| $495 |
| EquipmentShare, Series 2024-2M, Class B, 6.43% 12/20/2032 <sup>(a)(g)</sup>  | 1618 | 1627 |
| EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 <sup>(a)(g)</sup>  | 4883 | 4920 |
| EquipmentShare, Series 2025-1M, Class B, 6.31% 9/26/2033 <sup>(a)(g)</sup>  | 1105 | 1111 |
| GGAM Master Trust International, Ltd., Series 2025-1A, Class A, 5.923% 9/30/2060 <sup>(a)(g)</sup>  | 3361 | 3390 |
| Global SC Finance SRL, Series 2025-1H, Class A, 6.169% 9/20/2045 <sup>(a)(g)</sup>  | 4249 | 4260 |
| Global SC Finance SRL, Series 2025-1H, Class B, 7.848% 9/20/2045 <sup>(a)(g)</sup>  | 6835 | 6854 |
| MMP Capital, Series 2025-A, Class B, 5.72% 12/15/2031 <sup>(a)(g)</sup>  | 830 | 848 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/2061 <sup>(a)(g)</sup>  | 201 | 168 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class B1, 2.41% 10/20/2061 <sup>(a)(g)</sup>  | 3473 | 2183 |
| OWN Equipment Fund III, Series 2025-2M, Class A, 5.42% 3/27/2034 <sup>(a)(g)</sup>  | 17287 | 17402 |
| OWN Equipment Fund III, Series 2025-2M, Class B, 6.49% 3/27/2034 <sup>(a)(g)</sup>  | 913 | 916 |
| OWN Equipment Fund III, Series 2025-2M, Class C, 8.77% 3/27/2034 <sup>(a)(g)</sup>  | 598 | 600 |
| PK ALIFT Loan Funding, Series 2025-2, Class A, 4.75% 3/15/2043 <sup>(a)(g)</sup>  | 527 | 529 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class D, 5.88% 11/20/2035 <sup>(a)(g)</sup>  | 433 | 449 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class B, 4.51% 6/20/2036 <sup>(a)(g)</sup>  | 5167 | 5195 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class C, 4.82% 6/20/2036 <sup>(a)(g)</sup>  | 2410 | 2429 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class D, 5.33% 6/20/2036 <sup>(a)(g)</sup>  | 573 | 578 |
| SCF Equipment Trust, LLC, Series 2025-2A, Class E, 6.21% 6/20/2036 <sup>(a)(g)</sup>  | 1444 | 1448 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(a)(g)</sup>  | 2493 | 2508 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class B, 8.06% 7/23/2050 <sup>(a)(g)</sup>  | 4651 | 4677 |
| VFI ABS, LLC, Series 2025-1A, Class A, 4.78% 6/24/2030 <sup>(a)(g)</sup>  | 681 | 684 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class A2, 4.33% 9/20/2033 <sup>(a)(g)</sup>  | 360 | 361 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class C, 4.76% 9/20/2033 <sup>(a)(g)</sup>  | 533 | 535 |
| Wingspire Equipment Finance, LLC, Series 2025-1A, Class D, 5.45% 9/20/2033 <sup>(a)(g)</sup>  | 1042 | 1050 |
| Zayo Issuer, LLC, Series 2025-2A, Class A2, 5.953% 6/20/2055 <sup>(a)(g)</sup>  | 2000 | 2054 |
| Zayo Issuer, LLC, Series 2025-2A, Class B, 6.586% 6/20/2055 <sup>(a)(g)</sup>  | 2000 | 2066 |
|  |  | 87139 |
| **Credit card 1.33%** |  |  |
| Avant Credit Card Master Trust, Series 2024-2A, Class D, 8.98% 5/15/2029 <sup>(a)(g)</sup>  | 5000 | 5051 |
| Avant Credit Card Master Trust, Series 2024-2A, Class E, 13.41% 5/15/2029 <sup>(a)(g)</sup>  | 4750 | 4845 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(a)(g)</sup>  | 246 | 249 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class C, 5.53% 5/15/2029 <sup>(a)(g)</sup>  | 172 | 174 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class B, 5.24% 9/15/2029 <sup>(a)(g)</sup>  | 479 | 480 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class C, 5.48% 9/15/2029 <sup>(a)(g)</sup>  | 372 | 373 |
| Imprint Payments Credit Card Master Trust, Series 2025-A, Class D, 5.82% 9/15/2029 <sup>(a)(g)</sup>  | 448 | 449 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class D, 10.12% 8/15/2029 <sup>(a)(g)</sup>  | 4000 | 4038 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class E, 13.69% 8/15/2029 <sup>(a)(g)</sup>  | 5000 | 5057 |
| Mission Lane Credit Card Master Trust, Series 2025-A, Class D, 8.89% 5/15/2030 <sup>(a)(g)</sup>  | 4000 | 4021 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class A, 4.78% 12/16/2030 <sup>(a)(g)</sup>  | 1271 | 1278 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class C, 5.37% 12/16/2030 <sup>(a)(g)</sup>  | 1801 | 1808 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class D, 5.71% 12/16/2030 <sup>(a)(g)</sup>  | 1209 | 1210 |
| Mission Lane Credit Card Master Trust, Series 2025-C, Class E, 7.66% 12/16/2030 <sup>(a)(g)</sup>  | 6592 | 6602 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(a)(g)</sup>  | 8583 | 8649 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.21% 9/15/2031 <sup>(a)(g)</sup>  | 1326 | 1337 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class C, 5.41% 9/15/2031 <sup>(a)(g)</sup>  | 854 | 859 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class D, 5.80% 9/15/2031 <sup>(a)(g)</sup>  | 953 | 954 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class F, 11.21% 9/15/2031 <sup>(a)(g)</sup>  | 5000 | 5055 |
|  |  | 52489 |
| **Collateralized loan obligations 1.32%** |  |  |
| ARES CLO, Ltd., Series 2022-65A, Class CR, (3-month USD CME Term SOFR + 1.85%) 5.708% <br> 7/25/2034 <sup>(a)(g)(h)</sup>  | 3636 | 3640 |
| Babson CLO, Ltd., Series 2021-1, Class D, (3-month USD CME Term SOFR + 3.162%) 7.02% 4/25/2034 <sup>(a)(g)(h)</sup>  | 1000 | 1001 |
| Battalion CLO, Ltd., Series 2018-12A, Class DRR, (3-month USD CME Term SOFR + 2.60%) 6.452% <br> 5/17/2031 <sup>(a)(g)(h)</sup>  | 6944 | 6914 |
| Canyon Capital CLO, Ltd., Series 2021-4A, Class CR, (3-month USD CME Term SOFR + 1.80%) 5.705% <br> 10/15/2034 <sup>(a)(g)(h)</sup>  | 2659 | 2665 |

---

---

| | |
|:---|:---|
| **265** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| 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)** |  |  |
| Fortress Credit BSL, Ltd., CLO, Series 2019-2A, Class DR, (3-month USD CME Term SOFR + 2.85%) 6.734% <br> 10/20/2032 <sup>(a)(g)(h)</sup>  | USD<br> 2,820<br>| $2819 |
| Fortress Credit BSL, Ltd., CLO, Series 2020-1A, Class BR, (3-month USD CME Term SOFR + 1.70%) 5.628% <br> 10/20/2033 <sup>(a)(g)(h)</sup>  | 5169 | 5173 |
| Fortress Credit BSL, Ltd., CLO, Series 2023-1A, Class BR, (3-month USD CME Term SOFR + 1.85%) 5.71% <br> 4/23/2036 <sup>(a)(g)(h)</sup>  | 3318 | 3325 |
| Golub Capital Private Credit Fund CLO, Series 2025-BSL1A, Class C, (3-month USD CME Term SOFR + 1.70%) <br> 5.401% 1/20/2034 <sup>(a)(g)(h)</sup>  | 3163 | 3165 |
| Ocean Trails CLO, Series 2021-11A, Class DR, (3-month USD CME Term SOFR + 3.10%) 6.984% <br> 7/20/2034 <sup>(a)(g)(h)</sup>  | 3000 | 2970 |
| Palmer Square Loan Funding, Ltd., Series 2024-2A, Class C, (3-month USD CME Term SOFR + 2.50%) 6.405% <br> 1/15/2033 <sup>(a)(g)(h)</sup>  | 1608 | 1610 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class CRR, (3-month USD CME Term SOFR + 1.80%) 5.705% <br> 7/15/2032 <sup>(a)(g)(h)</sup>  | 2846 | 2837 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class DR, (3-month USD CME Term SOFR + 2.80%) 6.705% <br> 7/15/2032 <sup>(a)(g)(h)</sup>  | 2230 | 2191 |
| Trinitas CLO, Ltd., Series 2020-12A, Class B1R2, (3-month USD CME Term SOFR + 1.55%) 5.792% <br> 4/25/2033 <sup>(a)(g)(h)</sup>  | 2636 | 2638 |
| Trinitas CLO, Ltd., Series 2020-12A, Class CR2, (3-month USD CME Term SOFR + 1.80%) 5.658% <br> 4/25/2033 <sup>(a)(g)(h)</sup>  | 1090 | 1091 |
| Trinitas CLO, Ltd., Series 2021-17A, Class B1R, (3-month USD CME Term SOFR + 1.65%) 5.534% <br> 10/20/2034 <sup>(a)(g)(h)</sup>  | 7133 | 7144 |
| Vibrant CLO, Ltd., Series 2021-12A, Class BRR, (3-month USD CME Term SOFR + 1.95%) 5.834% <br> 4/20/2034 <sup>(a)(g)(h)</sup>  | 2239 | 2241 |
| Vibrant CLO, Ltd., Series 2018-9RA, Class C1, (3-month USD CME Term SOFR + 1.82%) 5.704% <br> 4/20/2037 <sup>(a)(g)(h)</sup>  | 471 | 471 |
|  |  | 51895 |
| **Student loan 0.49%** |  |  |
| Navient Education Loan Trust, Series 2025-A, Class C, 5.53% 7/15/2055 <sup>(a)(g)</sup>  | 1083 | 1096 |
| Navient Education Loan Trust, Series 2025-A, Class D, 6.03% 7/15/2055 <sup>(a)(g)</sup>  | 859 | 866 |
| SMB Private Education Loan Trust, Series 2021-A, Class D1, 3.86% 1/15/2053 <sup>(a)(g)</sup>  | 213 | 195 |
| SMB Private Education Loan Trust, Series 2021-A, Class D2, 3.86% 1/15/2053 <sup>(a)(g)</sup>  | 102 | 93 |
| SMB Private Education Loan Trust, Series 2023-A, Class B, 5.88% 1/15/2053 <sup>(a)(g)</sup>  | 415 | 425 |
| SMB Private Education Loan Trust, Series 2025-B, Class C, 5.49% 3/17/2053 <sup>(a)(g)</sup>  | 1202 | 1207 |
| SMB Private Education Loan Trust, Series 2025-B, Class D, 6.63% 3/17/2053 <sup>(a)(g)</sup>  | 1246 | 1278 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(a)(g)</sup>  | 7496 | 7615 |
| SMB Private Education Loan Trust, Series 2024-A, Class D, 8.22% 3/15/2056 <sup>(a)(g)</sup>  | 4935 | 5330 |
| SMB Private Education Loan Trust, Series 2023-B, Class D, 7.56% 10/16/2056 <sup>(a)(g)</sup>  | 1000 | 1041 |
|  |  | 19146 |
| **Collateralized mortgage-backed obligations (privately originated) 0.03%** |  |  |
| JP Morgan Mortgage Trust, Series 2024-CES1, Class A3, 6.397% 6/25/2054 (7.397% on 3/1/2028) <sup>(a)(b)(g)</sup>  | 564 | 571 |
| JP Morgan Mortgage Trust, Series 2024-CES1, Class M1, 6.596% 6/25/2054 (7.596% on 3/1/2028) <sup>(a)(b)(g)</sup>  | 458 | 463 |
|  |  | 1034 |
| **Total asset-backed obligations** |  | 305381 |
| **Loans 1.29%** | **Loans 1.29%** | **Loans 1.29%** |
| **Information technology 0.34%** |  |  |
| Commscope, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.466% 12/17/2029 <sup>(h)(i)</sup>  | 2575 | 2584 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) 10.973% 9/13/2029 <sup>(f)(h)(i)</sup>  | 75 | 75 |
| Finastra USA, Inc., Term Loan, (1-month USD CME Term SOFR + 4.00%) 7.688% 7/30/2032 <sup>(h)(i)</sup>  | 4355 | 4270 |
| Kaseya, Inc., Term Loan, (3-month USD CME Term SOFR + 5.00%) 8.716% 3/20/2033 <sup>(h)(i)</sup>  | 1700 | 1666 |
| Viasat, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.614%) 8.331% 3/2/2029 <sup>(h)(i)</sup>  | 1506 | 1504 |
| Viasat, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.348% 5/30/2030 <sup>(h)(i)</sup>  | 3342 | 3335 |
|  |  | 13434 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **266** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Loans (continued)** | **Loans (continued)** | **Loans (continued)** |
| **Industrials 0.29%** |  |  |
| Peraton Corp., Term Loan B, (3-month USD CME Term SOFR + 3.85%) 7.69% 2/1/2028 <sup>(h)(i)</sup>  | USD<br> 12,086<br>| $11242 |
| **Communication services 0.27%** |  |  |
| Connect Finco SARL, Term Loan B, (1-month USD CME Term SOFR + 4.50%) 8.216% 9/27/2029 <sup>(h)(i)</sup>  | 1094 | 1095 |
| Gray Television, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.123% 6/4/2029 <sup>(h)(i)</sup>  | 8 | 8 |
| Gray Television, Inc., Term Loan D, (3-month USD CME Term SOFR + 3.114%) 6.987% 12/1/2028 <sup>(h)(i)</sup>  | 3535 | 3544 |
| Versant Media Group, Inc., Term Loan B, (1-month USD CME Term SOFR + 3.50%) 7.537% 10/23/2030 <sup>(h)(i)</sup>  | 1080 | 1082 |
| X Corp., Term Loan B, (USD-SOFR + 6.75%) 10.448% 10/26/2029 <sup>(h)(i)</sup>  | 3999 | 3936 |
| X Corp., Term Loan B3, 9.50% 10/26/2029 <sup>(i)</sup>  | 1000 | 998 |
|  |  | 10663 |
| **Financials 0.15%** |  |  |
| Alera Group Intermediate Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 5.50%) 9.216% <br> 5/30/2033 <sup>(h)(i)</sup>  | 2130 | 2174 |
| HUB International, Ltd., Term Loan, (3-month USD CME Term SOFR + 2.25%) 6.12% 6/20/2030 <sup>(h)(i)</sup>  | 41 | 41 |
| Osaic Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 3.00%) 6.595% 7/30/2032 <sup>(h)(i)</sup>  | 2750 | 2766 |
| Truist Insurance Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 8.422% 5/6/2032 <sup>(h)(i)</sup>  | 811 | 823 |
|  |  | 5804 |
| **Health care 0.15%** |  |  |
| Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.75%) 7.466% 4/23/2031 <sup>(h)(i)</sup>  | 913 | 908 |
| Owens & Minor, Inc., Term Loan B-1, (3-month USD CME Term SOFR + 3.85%) 7.566% 3/29/2029 <sup>(h)(i)</sup>  | 5009 | 4846 |
|  |  | 5754 |
| **Consumer discretionary 0.04%** |  |  |
| Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 5.614%) 9.35% <br> 3/11/2030 <sup>(e)(h)(i)</sup>  | 204 | 204 |
| Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 7.614%) 6.00% PIK and 5.573% <br> Cash 3/11/2030 <sup>(d)(e)(h)(i)</sup>  | 193 | 193 |
| Hertz Corp. (The), Term Loan B-EXIT, (3-month USD CME Term SOFR + 3.614%) 7.331% 6/30/2028 <sup>(h)(i)</sup>  | 412 | 350 |
| Hertz Corp. (The), Term Loan C-EXIT, (3-month USD CME Term SOFR + 3.614%) 7.53% 6/30/2028 <sup>(h)(i)</sup>  | 81 | 68 |
| Voyager Parent, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.75%) 8.422% 7/1/2032 <sup>(h)(i)</sup>  | 798 | 799 |
|  |  | 1614 |
| **Consumer staples 0.04%** |  |  |
| Fiesta Purchaser, Inc., Term Loan B, (1-month USD CME Term SOFR + 2.75%) 6.466% 2/12/2031 <sup>(h)(i)</sup>  | 231 | 232 |
| United Natural Foods, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.75%) 8.466% 5/1/2031 <sup>(h)(i)</sup>  | 1177 | 1186 |
|  |  | 1418 |
| **Utilities 0.01%** |  |  |
| MI Windows and Doors, LLC, Term Loan B3, (3-month USD CME Term SOFR + 2.75%) 6.466% 3/28/2031 <sup>(h)(i)</sup>  | 231 | 232 |
| Talen Energy Supply, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.353% 5/17/2030 <sup>(h)(i)</sup>  | 63 | 64 |
| Talen Energy Supply, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.00%) 5.672% 11/25/2032 <sup>(h)(i)</sup>  | 330 | 331 |
|  |  | 627 |
| **Materials 0.00%** |  |  |
| Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 2.00%) 7.00% PIK 7/16/2026 <sup>(c)(d)(e)(h)(i)</sup>  | 10 | 3 |
| Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 8.00%) 7.00% PIK 7/16/2026 <sup>(c)(d)(e)(h)(i)</sup>  | 10 | 3 |
| Venator Material, LLC, Term Loan, (USD-SOFR + 10.00%) 7.00% PIK 10/12/2028 <sup>(c)(d)(e)(h)(i)</sup>  | 16 | 5 |
|  |  | 11 |
| **Total loans** |  | 50567 |

---

---

| | |
|:---|:---|
| **267** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **U.S. Treasury bonds & notes 1.24%** | **U.S. Treasury bonds & notes 1.24%** | **U.S. Treasury bonds & notes 1.24%** |
| **U.S. Treasury 1.24%** |  |  |
| U.S. Treasury 3.375% 11/30/2027  | USD<br> 10,000<br>| $9981 |
| U.S. Treasury 4.00% 5/31/2030  | 3602 | 3649 |
| U.S. Treasury 3.50% 11/30/2030 <sup>(j)</sup>  | 20000 | 19804 |
| U.S. Treasury 3.75% 11/30/2032  | 9500 | 9395 |
| U.S. Treasury 4.00% 11/15/2035 <sup>(j)</sup>  | 6000 | 5918 |
|  |  | 48747 |
| **Total U.S. Treasury bonds & notes** |  | 48747 |
| **Municipals 0.05%** | **Municipals 0.05%** | **Municipals 0.05%** |
| **California 0.01%** |  |  |
| City of Rancho Mirage, Community Facs. Dist. No. 5 (Improvement Area No. 1), Special Tax Bonds, Series <br> 2024-B, 7.25% 9/1/2039  | 430 | 438 |
| **Puerto Rico 0.04%** |  |  |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(c)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2018 <sup>(c)</sup>  | 10 | 7 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2018 <sup>(c)</sup>  | 45 | 30 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, 5.50% 7/1/2020 <sup>(c)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2021 <sup>(c)</sup>  | 95 | 64 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-AAA, 5.25% 7/1/2021 <sup>(c)</sup>  | 135 | 90 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-DDD, 5.00% 7/1/2023 <sup>(c)</sup>  | 110 | 74 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2023 <sup>(c)</sup>  | 10 | 7 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.00% 7/1/2024 <sup>(c)</sup>  | 35 | 23 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.625% 7/1/2025 <sup>(c)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.75% 7/1/2026 <sup>(c)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2026 <sup>(c)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.25% 7/1/2026 <sup>(c)</sup>  | 10 | 7 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.25% 7/1/2026 <sup>(c)</sup>  | 195 | 131 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.75% 7/1/2027 <sup>(c)</sup>  | 30 | 20 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 4.80% 7/1/2028 <sup>(c)</sup>  | 110 | 74 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.00% 7/1/2028 <sup>(c)</sup>  | 30 | 20 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(c)</sup>  | 80 | 54 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.25% 7/1/2033 <sup>(c)</sup>  | 310 | 208 |
| Electric Power Auth., Power Rev. Bonds, Series 2013-A, 6.75% 7/1/2036 <sup>(c)</sup>  | 160 | 107 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2037 <sup>(c)</sup>  | 30 | 20 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(c)</sup>  | 175 | 117 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(c)</sup>  | 45 | 30 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, AGI, 3.469% 7/1/2017 <sup>(b)(c)</sup>  | 130 | 87 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(c)</sup>  | 35 | 23 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2022 <sup>(c)</sup>  | 325 | 217 |
|  |  | 1425 |
| **Texas 0.00%** |  |  |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC <br> Project), Series 2023, AMT, 12.00% 6/1/2043 <sup>(a)(c)</sup>  | 187 | 19 |
| **Total municipals** |  | 1882 |
| **Total bonds, notes & other debt instruments** (cost: $3,747,616,000) |  | 3776027 |
| Convertible bonds & notes 0.13% |  |  |
| **Information technology 0.13%** |  |  |
| Strategy, Inc., 0% 12/1/2029  | 6400 | 5271 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **268** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Common stocks 0.04% | Shares | Value<br> (000)<br>|
| **Consumer discretionary 0.03%** |  |  |
| Aimbridge Topco, LLC <sup>(e)(k)</sup>  | 17246 | $1276 |
| **Information technology 0.01%** |  |  |
| Diebold Nixdorf, Inc. <sup>(k)</sup>  | 3082 | 209 |
| **Materials 0.00%** |  |  |
| Venator Materials PLC <sup>(e)(k)</sup>  | 90 | — <br><sup>(l)</sup><br>|
| **Total common stocks** (cost: $1,912,000) |  | 1485 |
| Short-term securities 2.48% |  |  |
| **Money market investments 2.48%** | **Money market investments 2.48%** | **Money market investments 2.48%** |
| Capital Group Central Cash Fund 3.79% <sup>(m)(n)</sup>  | 972853 | 97295 |
| **Total short-term securities** (cost: $97,273,000) |  | 97295 |
| Options purchased (equity style) 0.01% |  |  |
| Options purchased (equity style)\* |  | 475 |
| **Total options purchased (equity style)** (cost: $759,000) |  | 475 |
| **Total investment securities 98.75%** (cost: $3,853,224,000) |  | 3880553 |
| **Total options written (equity style)**<sup>†</sup> (0.01)% (premium received: $383,000) |  | (251)<br>|

---

---

| | |
|:---|:---|
| Other assets less liabilities 1.26% | 49456 |
| **Net assets 100.00%** | $3929758 |

---

**\*Options purchased (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>12/31/2025 <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; 4460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD<br> 96.63<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD<br> 11,150<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $446 |
| 3 Month SOFR Futures Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12/11/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $475 |

---

<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>12/31/2025 <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; (4460)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD<br> 96.81<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD<br> (11150)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(251)<br>|

---

---

| | |
|:---|:---|
| **269** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

**Futures contracts**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &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; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 948 | 3/31/2026 | USD197,932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(75)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 188 | 3/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10)<br>|
| 10 Year Euro-Bund Futures | Short | 30 | 3/6/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4497)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35 |
| 10 Year U.S. Treasury Note Futures | Short | 501 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (56331)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 442 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 296 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34045)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164 |
| 30 Year U.S. Treasury Bond Futures | Long | 366 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (431)<br>|
| 30 Year Ultra U.S. Treasury Bond Futures | Short | 316 | 3/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37288)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 544 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $669 |

---

**Forward currency contracts**

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Contract amount | Contract amount | Contract amount | Contract amount | Counterparty | &nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Currency purchased <br>(000) | Currency purchased <br>(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency sold <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) | Counterparty | &nbsp;&nbsp; Settlement <br>date | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| USD | 15716 | EUR | 13328 | HSBC Bank | 1/29/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $35 |

---

**Swap contracts**

------

**Interest rate swaps**

**Centrally cleared interest rate swaps** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at <br>12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront <br>premium <br>paid <br>&nbsp;&nbsp;&nbsp;&nbsp;(received) <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| 4.834% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/19/2026 | USD13,500 | &nbsp;&nbsp;&nbsp;&nbsp; $139 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $139 |
| 4.0715% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 80000 | &nbsp;&nbsp;&nbsp;&nbsp; 403 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 403 |
| 4.161% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/26/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 244 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 244 |
| 3.256% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/27/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 135000 | &nbsp;&nbsp;&nbsp;&nbsp; (166)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (166)<br>|
| 4.103% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/23/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 1231 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1231 |
| 4.692% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/29/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 16200 | &nbsp;&nbsp;&nbsp;&nbsp; 575 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 575 |
| 4.077% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/23/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp; 2105 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2105 |
| 3.491% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/11/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 205000 | &nbsp;&nbsp;&nbsp;&nbsp; 319 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 319 |
| 4.0685% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/23/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 729 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 729 |
| 4.6415% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/29/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 19500 | &nbsp;&nbsp;&nbsp;&nbsp; 1306 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1306 |
| 4.407% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/3/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 154 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 154 |
| SOFR | Annual | 3.456% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 1/2/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 55000 | &nbsp;&nbsp;&nbsp;&nbsp; 803 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 803 |
| SOFR | Annual | 3.5065% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/12/2035 | &nbsp;&nbsp;&nbsp;&nbsp; 140000 | &nbsp;&nbsp;&nbsp;&nbsp; 3087 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3087 |
| SOFR | Annual | 3.5575% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/27/2035 | &nbsp;&nbsp;&nbsp;&nbsp; 115000 | &nbsp;&nbsp;&nbsp;&nbsp; 2150 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2150 |
| 4.5965% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/2/2038 | &nbsp;&nbsp;&nbsp;&nbsp; 2300 | &nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 150 |
| 3.9515% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/15/2039 | &nbsp;&nbsp;&nbsp;&nbsp; 22000 | &nbsp;&nbsp;&nbsp;&nbsp; (121)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (121)<br>|
| 4.5595% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/2/2043 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 83 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 83 |
| 3.901% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/2044 | &nbsp;&nbsp;&nbsp;&nbsp; 7200 | &nbsp;&nbsp;&nbsp;&nbsp; (237)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (237)<br>|
| SOFR | Annual | 3.364% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 5/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 10700 | &nbsp;&nbsp;&nbsp;&nbsp; 1327 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1327 |
| SOFR | Annual | 3.268% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 5/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 104 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 104 |
| SOFR | Annual | 3.6455% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/21/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 1318 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1318 |
| SOFR | Annual | 3.6675% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/9/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 872 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 872 |
| 4.392% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/29/2053 | &nbsp;&nbsp;&nbsp;&nbsp; 4400 | &nbsp;&nbsp;&nbsp;&nbsp; 157 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 157 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **270** |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

**Swap contracts** (continued)

------

**Interest rate swaps** (continued)

**Centrally cleared interest rate swaps** (continued)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | Pay | Pay | &nbsp;&nbsp;&nbsp; Expiration<br> date | &nbsp;&nbsp;&nbsp; Notional<br> amount<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at<br> 12/31/2025<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront<br> premium<br> paid<br> &nbsp;&nbsp;&nbsp;&nbsp;(received)<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 12/31/2025<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) |
| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment<br> frequency<br>| Rate | &nbsp;&nbsp;&nbsp;&nbsp; Payment<br> frequency<br>| &nbsp;&nbsp;&nbsp; Expiration<br> date | &nbsp;&nbsp;&nbsp; Notional<br> amount<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Value at<br> 12/31/2025<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Upfront<br> premium<br> paid<br> &nbsp;&nbsp;&nbsp;&nbsp;(received)<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) | &nbsp;&nbsp;&nbsp; Unrealized<br> appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation)<br> at 12/31/2025<br> &nbsp;&nbsp;&nbsp;&nbsp;(000) |
| SOFR | Annual | 3.2845% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 1/2/2054 | &nbsp;&nbsp;&nbsp;&nbsp; 11700 | &nbsp;&nbsp;&nbsp;&nbsp; $1732 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1732 |
| SOFR | Annual | 3.5625% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/6/2054 | &nbsp;&nbsp;&nbsp;&nbsp; 4700 | &nbsp;&nbsp;&nbsp;&nbsp; 482 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 482 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $18946 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $18946 |

---

**Credit default swaps**

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Financing <br>rate received<br>| &nbsp;&nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| &nbsp;&nbsp;&nbsp;&nbsp; Reference <br>index<br>| &nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <sup>(o)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>12/31/2025<sup>(p)</sup> <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 12/31/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 5.00% | Quarterly | CDX.NA.HY.45 | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | USD81,685 | &nbsp;&nbsp;&nbsp;&nbsp; $6209 | &nbsp;&nbsp;&nbsp;&nbsp; $5881 | &nbsp;&nbsp;&nbsp;&nbsp; $328 |
| 1.00% | Quarterly | CDX.NA.IG.S45 | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/2030 | USD6,642 | &nbsp;&nbsp;&nbsp;&nbsp; 151 | &nbsp;&nbsp;&nbsp;&nbsp; 152 | &nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| 1.00% | Quarterly | CDX.NA.IG.S45 | &nbsp;&nbsp;&nbsp;&nbsp; 12/20/2035 | USD149,860 | &nbsp;&nbsp;&nbsp;&nbsp; 1254 | &nbsp;&nbsp;&nbsp;&nbsp; 1125 | &nbsp;&nbsp;&nbsp;&nbsp; 129 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $7614 | &nbsp;&nbsp;&nbsp;&nbsp; $7158 | &nbsp;&nbsp;&nbsp;&nbsp; $456 |

---

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>1/1/2025 <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>12/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 2.48%** | **Short-term securities 2.48%** | **Short-term securities 2.48%** | **Short-term securities 2.48%** | **Short-term securities 2.48%** | **Short-term securities 2.48%** | **Short-term securities 2.48%** | **Short-term securities 2.48%** |
| **Money market investments 2.48%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 3.79% <sup>(m)</sup> | $79452 | &nbsp;&nbsp; $1008863 | &nbsp;&nbsp; $991027 | &nbsp;&nbsp; $(1)<br>| &nbsp;&nbsp; $8 | &nbsp;&nbsp; $97295 | &nbsp;&nbsp; $4235 |

---

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| Sasol Financing USA, LLC 8.75% 5/3/2029  | 4/15/2024 - 9/27/2024 | $1644 | $1630 | 0.04<br> %<br>|
| Stillwater Mining Co. 4.00% 11/16/2026  | 2/9/2024 - 8/9/2024 | 986 | 1012 | 0.03 |
| Wolfspeed, Inc. 4.00% PIK and 9.875% Cash 6/23/2030 <sup>(d)</sup> <br>| 6/23/2023 - 9/25/2025 | 775 | 873 | 0.03 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + <br> 7.25%) 10.973% 9/13/2029 <sup>(h)(i)</sup> <br>| 9/12/2023 | 74 | 75 | 0.00 <br><sup>(q</sup>)<br>|
|  |  | $3479 | $3590 | 0.10<br> %<br>|

---

---

| | |
|:---|:---|
| **271** | Capital Group Fixed Income ETF Trust |

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

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

<sup>(a)</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 $2,011,459,000, which represented 51.19% of the net assets of the fund. 

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

<sup>(c)</sup> Scheduled interest and/or principal payment was not received.

<sup>(d)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(e)</sup> Value determined using significant unobservable inputs.

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

<sup>(h)</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>(i)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $50,567,000, which represented 1.29% of the net assets of the fund. 

<sup>(j)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $19,791,000, which represented 0.50% of the net assets of the fund. 

<sup>(k)</sup> Non-income producing.

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

<sup>(m)</sup> Rate represents the seven-day yield at 12/31/2025.

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

<sup>(o)</sup> The maximum potential amount the fund may pay as a protection seller should a credit event occur.

<sup>(p)</sup> The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. 

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| AGI = Assured Guaranty insured |
| AMT = Alternative Minimum Tax |
| Auth. = Authority |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| DAC = Designated Activity Company |
| Dev. = Development |
| Dist. = District |
| EUR = Euros |

---

---

| |
|:---|
| EURIBOR = Euro Interbank Offered Rate |
| Facs. = Facilities |
| ICE = Intercontinental Exchange, Inc. |
| Ref. = Refunding |
| REIT = Real Estate Investment Trust |
| Rev. = Revenue |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **272** |

---

------

Financial statements

**Statements of assets and liabilities** at December 31, 2025(dollars and shares in thousands, except per-share amount)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Core** <br>**Bond** <br>**ETF**<br>| &nbsp;&nbsp; **Core Plus** <br>**Income** <br>**ETF**<br>| &nbsp;&nbsp; **High Yield** <br>**Bond** <br>**ETF**<br>|
| **Assets:** |  |  |  |
| Investment securities, at value: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $3523193 | &nbsp;&nbsp;&nbsp; $6364186 | &nbsp;&nbsp;&nbsp; $48378 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 147218 | &nbsp;&nbsp;&nbsp; 333993 | &nbsp;&nbsp;&nbsp; 3942 |
| Cash | &nbsp;&nbsp;&nbsp; 308 | &nbsp;&nbsp;&nbsp; 2558 | &nbsp;&nbsp;&nbsp; 94 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 88 |
| Cash collateral pledged for forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Receivables for: |  |  |  |
| Sales of investments | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 132539 | &nbsp;&nbsp;&nbsp; 1 |
| Sales of fund's shares | &nbsp;&nbsp;&nbsp; 14310 | &nbsp;&nbsp;&nbsp; 14946 | &nbsp;&nbsp;&nbsp; — |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 30412 | &nbsp;&nbsp;&nbsp; 53524 | &nbsp;&nbsp;&nbsp; 820 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; 13732 | &nbsp;&nbsp;&nbsp; 17009 | &nbsp;&nbsp;&nbsp; 3 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5478 | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 3729173 | &nbsp;&nbsp;&nbsp; 6924250 | &nbsp;&nbsp;&nbsp; 53326 |
| **Liabilities:** |  |  |  |
| Cash collateral pledged for forward contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp; — |
| Unrealized depreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Options written, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Payables for: |  |  |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 59655 | &nbsp;&nbsp;&nbsp; 397414 | &nbsp;&nbsp;&nbsp; 122 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 810 | &nbsp;&nbsp;&nbsp; 1837 | &nbsp;&nbsp;&nbsp; 18 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; 14732 | &nbsp;&nbsp;&nbsp; 17649 | &nbsp;&nbsp;&nbsp; 6 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 211 | &nbsp;&nbsp;&nbsp; 5918 | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 75408 | &nbsp;&nbsp;&nbsp; 422878 | &nbsp;&nbsp;&nbsp; 146 |
| Commitments and contingencies\* |  |  |  |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $3653765 | &nbsp;&nbsp;&nbsp; $6501372 | &nbsp;&nbsp;&nbsp; $53180 |
| **Net assets consist of:** |  |  |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $3629707 | &nbsp;&nbsp;&nbsp; $6496768 | &nbsp;&nbsp;&nbsp; $52527 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 24058 | &nbsp;&nbsp;&nbsp; 4604 | &nbsp;&nbsp;&nbsp; 653 |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $3653765 | &nbsp;&nbsp;&nbsp; $6501372 | &nbsp;&nbsp;&nbsp; $53180 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp; $3653765 | &nbsp;&nbsp;&nbsp; $6501372 | &nbsp;&nbsp;&nbsp; $53180 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 137880 | &nbsp;&nbsp;&nbsp; 287104 | &nbsp;&nbsp;&nbsp; 2100 |
| Net asset value per share | $26.50 | $22.64 | $25.32 |
| Investment securities, at cost: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $3491424 | &nbsp;&nbsp;&nbsp; $6314911 | &nbsp;&nbsp;&nbsp; $47707 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 147184 | &nbsp;&nbsp;&nbsp; 333895 | &nbsp;&nbsp;&nbsp; 3941 |
| Cash denominated in currencies other than U.S. dollars, <br> at cost<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Premiums received on options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

Refer to the end of the statements of assets and liabilities for footnote(s).

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **273** | Capital Group Fixed Income ETF Trust |

---

------

Financial statements (continued)

**Statements of assets and liabilities** at December 31, 2025 (continued)(dollars and shares in thousands, except per-share amount)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **International** <br>**Bond ETF** <br>**(USD-Hedged)**<br>| &nbsp;&nbsp; **Municipal** <br>**Income** <br>**ETF**<br>| &nbsp;&nbsp; **Municipal** <br>**High-Income** <br>**ETF**<br>|
| **Assets:** |  |  |  |
| Investment securities, at value: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $146974 | &nbsp;&nbsp;&nbsp; $4786127 | &nbsp;&nbsp;&nbsp; $2454777 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 1241 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash | &nbsp;&nbsp;&nbsp; 103 | &nbsp;&nbsp;&nbsp; 4964 | &nbsp;&nbsp;&nbsp; 2055 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; 589 | &nbsp;&nbsp;&nbsp; 1460 | &nbsp;&nbsp;&nbsp; — |
| Cash collateral pledged for forward currency contracts | &nbsp;&nbsp;&nbsp; 157 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; 409 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; 221 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Receivables for: |  |  |  |
| Sales of investments | &nbsp;&nbsp;&nbsp; 139 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Sales of fund's shares | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3282 | &nbsp;&nbsp;&nbsp; — |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 1551 | &nbsp;&nbsp;&nbsp; 50867 | &nbsp;&nbsp;&nbsp; 27762 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp; — |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 151410 | &nbsp;&nbsp;&nbsp; 4846718 | &nbsp;&nbsp;&nbsp; 2484594 |
| **Liabilities:** |  |  |  |
| Cash collateral pledged for forward contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized depreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; 628 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Options written, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Payables for: |  |  |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 205 | &nbsp;&nbsp;&nbsp; 42902 | &nbsp;&nbsp;&nbsp; 1013 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp; 1065 | &nbsp;&nbsp;&nbsp; 705 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 947 | &nbsp;&nbsp;&nbsp; 43967 | &nbsp;&nbsp;&nbsp; 1718 |
| Commitments and contingencies\* |  |  |  |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $150463 | &nbsp;&nbsp;&nbsp; $4802751 | &nbsp;&nbsp;&nbsp; $2482876 |
| **Net assets consist of:** |  |  |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $150240 | &nbsp;&nbsp;&nbsp; $4731671 | &nbsp;&nbsp;&nbsp; $2411267 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 223 | &nbsp;&nbsp;&nbsp; 71080 | &nbsp;&nbsp;&nbsp; 71609 |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $150463 | &nbsp;&nbsp;&nbsp; $4802751 | &nbsp;&nbsp;&nbsp; $2482876 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp; $150463 | &nbsp;&nbsp;&nbsp; $4802751 | &nbsp;&nbsp;&nbsp; $2482876 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 5940 | &nbsp;&nbsp;&nbsp; 175620 | &nbsp;&nbsp;&nbsp; 97750 |
| Net asset value per share | $25.33 | $27.35 | $25.40 |
| Investment securities, at cost: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $145030 | &nbsp;&nbsp;&nbsp; $4718224 | &nbsp;&nbsp;&nbsp; $2387918 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 1241 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars, <br> at cost<br>| &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Premiums received on options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

Refer to the end of the statements of assets and liabilities for footnote(s).

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **274** |

---

------

Financial statements (continued)

**Statements of assets and liabilities** at December 31, 2025 (continued)(dollars and shares in thousands, except per-share amount)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Short Duration** <br>**Income** <br>**ETF**<br>| &nbsp;&nbsp; **Short Duration** <br>**Municipal Income** <br>**ETF**<br>| &nbsp;&nbsp; **Ultra Short** <br>**Income** <br>**ETF**<br>|
| **Assets:** |  |  |  |
| Investment securities, at value: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $1818730 | &nbsp;&nbsp;&nbsp; $955674 | &nbsp;&nbsp;&nbsp; $186437 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 89376 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash | &nbsp;&nbsp;&nbsp; 255 | &nbsp;&nbsp;&nbsp; 418 | &nbsp;&nbsp;&nbsp; 49 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp; — |
| Cash collateral pledged for forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 469 | &nbsp;&nbsp;&nbsp; 142 |
| Cash denominated in currencies other than U.S. dollars | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Receivables for: |  |  |  |
| Sales of investments | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Sales of fund's shares | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 12596 | &nbsp;&nbsp;&nbsp; 10621 | &nbsp;&nbsp;&nbsp; 1212 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>|
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 79 |
|  | &nbsp;&nbsp;&nbsp; 1920957 | &nbsp;&nbsp;&nbsp; 967232 | &nbsp;&nbsp;&nbsp; 187919 |
| **Liabilities:** |  |  |  |
| Cash collateral pledged for forward contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized depreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Options written, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Payables for: |  |  |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 48669 | &nbsp;&nbsp;&nbsp; 13219 | &nbsp;&nbsp;&nbsp; 1195 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 388 | &nbsp;&nbsp;&nbsp; 199 | &nbsp;&nbsp;&nbsp; 28 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; 76 |
|  | &nbsp;&nbsp;&nbsp; 49058 | &nbsp;&nbsp;&nbsp; 13419 | &nbsp;&nbsp;&nbsp; 1299 |
| Commitments and contingencies\* |  |  |  |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $1871899 | &nbsp;&nbsp;&nbsp; $953813 | &nbsp;&nbsp;&nbsp; $186620 |
| **Net assets consist of:** |  |  |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $1851845 | &nbsp;&nbsp;&nbsp; $943140 | &nbsp;&nbsp;&nbsp; $186281 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 20054 | &nbsp;&nbsp;&nbsp; 10673 | &nbsp;&nbsp;&nbsp; 339 |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $1871899 | &nbsp;&nbsp;&nbsp; $953813 | &nbsp;&nbsp;&nbsp; $186620 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp; $1871899 | &nbsp;&nbsp;&nbsp; $953813 | &nbsp;&nbsp;&nbsp; $186620 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 72000 | &nbsp;&nbsp;&nbsp; 36240 | &nbsp;&nbsp;&nbsp; 7380 |
| Net asset value per share | $26.00 | $26.32 | $25.29 |
| Investment securities, at cost: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $1802034 | &nbsp;&nbsp;&nbsp; $946337 | &nbsp;&nbsp;&nbsp; $186097 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 89356 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars, <br> at cost<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Premiums received on options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |

---

Refer to the end of the statements of assets and liabilities for footnote(s).

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **275** | Capital Group Fixed Income ETF Trust |

---

------

Financial statements (continued)

**Statements of assets and liabilities** at December 31, 2025 (continued)(dollars and shares in thousands, except per-share amount)

---

| | |
|:---|:---|
|  | &nbsp;&nbsp; **U.S. Multi-Sector** <br>**Income** <br>**ETF**<br>|
| **Assets:** |  |
| Investment securities, at value: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $3783258 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 97295 |
| Cash | &nbsp;&nbsp;&nbsp; 1839 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; 1506 |
| Cash collateral pledged for forward currency contracts | &nbsp;&nbsp;&nbsp; — |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on open forward currency contracts | &nbsp;&nbsp;&nbsp; 35 |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — |
| Receivables for: |  |
| Sales of investments | &nbsp;&nbsp;&nbsp; 41 |
| Sales of fund's shares | &nbsp;&nbsp;&nbsp; — |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 52096 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; 2044 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 469 |
|  | &nbsp;&nbsp;&nbsp; 3938583 |
| **Liabilities:** |  |
| Cash collateral pledged for forward contracts | &nbsp;&nbsp;&nbsp; — |
| Unrealized depreciation on open forward currency contracts | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — |
| Options written, at value | &nbsp;&nbsp;&nbsp; 251 |
| Payables for: |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 5353 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 1266 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; 1955 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 8825 |
| Commitments and contingencies\* |  |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $3929758 |
| **Net assets consist of:** |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $3886289 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 43469 |
| **Net assets at December 31, 2025** | &nbsp;&nbsp;&nbsp; $3929758 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |
| Net assets | &nbsp;&nbsp;&nbsp; $3929758 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 142200 |
| Net asset value per share | $27.64 |
| Investment securities, at cost: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $3755951 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 97273 |
| Cash denominated in currencies other than U.S. dollars, at cost | &nbsp;&nbsp;&nbsp; — |
| Premiums received on options written | &nbsp;&nbsp;&nbsp; 383 |

---

---

| | |
|:---|:---|
| \* | Refer to Note 5 for further information on unfunded commitments. |
| <sup>†</sup> | Amount less than one thousand. |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **276** |

---

------

Financial statements (continued)

**Statements of operations** for the year ended December 31, 2025(dollars in thousands)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Core** <br>**Bond** <br>**ETF**<br>| &nbsp;&nbsp; **Core Plus** <br>**Income** <br>**ETF**<br>| &nbsp;&nbsp; **High Yield** <br>**Bond** <br>**ETF**<sup>1</sup> <br>|
| **Investment income:** |  |  |  |
| Income (net of non-U.S. taxes<sup>2</sup>): |  |  |  |
| Interest from unaffiliated issuers | &nbsp;&nbsp;&nbsp; $123159 | &nbsp;&nbsp;&nbsp; $328055 | &nbsp;&nbsp;&nbsp; $1591 |
| Dividends: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 4028 | &nbsp;&nbsp;&nbsp; 22381 | &nbsp;&nbsp;&nbsp; 97 |
|  | &nbsp;&nbsp;&nbsp; 127187 | &nbsp;&nbsp;&nbsp; 350436 | &nbsp;&nbsp;&nbsp; 1693 |
|  | &nbsp;&nbsp;&nbsp; 127187 | &nbsp;&nbsp;&nbsp; 350436 | &nbsp;&nbsp;&nbsp; 1693 |
| Fees and expenses: |  |  |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 6888 | &nbsp;&nbsp;&nbsp; 17671 | &nbsp;&nbsp;&nbsp; 105 |
| Other | &nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp; — <br><sup>3</sup><br>|
| Total fees and expenses | &nbsp;&nbsp;&nbsp; 6897 | &nbsp;&nbsp;&nbsp; 17690 | &nbsp;&nbsp;&nbsp; 105 |
| Net investment income | &nbsp;&nbsp;&nbsp; 120290 | &nbsp;&nbsp;&nbsp; 332746 | &nbsp;&nbsp;&nbsp; 1588 |
| **Net realized gain (loss) and unrealized appreciation** <br> **(depreciation):**<br>|  |  |  |
| Net realized gain (loss)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; (9487)<br>| &nbsp;&nbsp;&nbsp; (1726)<br>| &nbsp;&nbsp;&nbsp; 8 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (45)<br>| &nbsp;&nbsp;&nbsp; (40)<br>| &nbsp;&nbsp;&nbsp; (1)<br>|
| In-kind redemptions | &nbsp;&nbsp;&nbsp; 10194 | &nbsp;&nbsp;&nbsp; 9193 | &nbsp;&nbsp;&nbsp; — |
| Options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; 10546 | &nbsp;&nbsp;&nbsp; 6605 | &nbsp;&nbsp;&nbsp; — |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (710)<br>| &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; (2187)<br>| &nbsp;&nbsp;&nbsp; (62542)<br>| &nbsp;&nbsp;&nbsp; — |
| Currency transactions | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (111)<br>| &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 9021 | &nbsp;&nbsp;&nbsp; (49331)<br>| &nbsp;&nbsp;&nbsp; 7 |
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 46190 | &nbsp;&nbsp;&nbsp; 86220 | &nbsp;&nbsp;&nbsp; 671 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp; 1 |
| Options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; (219)<br>| &nbsp;&nbsp;&nbsp; (4770)<br>| &nbsp;&nbsp;&nbsp; (6)<br>|
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (147)<br>| &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp; 6866 | &nbsp;&nbsp;&nbsp; — |
| Currency translations | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp; — <br><sup>3</sup><br>|
|  | &nbsp;&nbsp;&nbsp; 46033 | &nbsp;&nbsp;&nbsp; 88234 | &nbsp;&nbsp;&nbsp; 666 |
| Net realized gain (loss) and unrealized appreciation <br> (depreciation)<br>| &nbsp;&nbsp;&nbsp; 55054 | &nbsp;&nbsp;&nbsp; 38903 | &nbsp;&nbsp;&nbsp; 673 |
| **Net increase (decrease) in net assets resulting from** <br> **operations**<br>| &nbsp;&nbsp;&nbsp; $175344 | &nbsp;&nbsp;&nbsp; $371649 | &nbsp;&nbsp;&nbsp; $2261 |

---

Refer to the end of the statements of operations for footnote(s).

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **277** | Capital Group Fixed Income ETF Trust |

---

------

Financial statements (continued)

**Statements of operations** for the year ended December 31, 2025 (continued)(dollars in thousands)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **International** <br>**Bond ETF** <br>**(USD-Hedged)**<br>| &nbsp;&nbsp; **Municipal** <br>**Income** <br>**ETF**<br>| &nbsp;&nbsp; **Municipal** <br>**High-Income** <br>**ETF**<br>|
| **Investment income:** |  |  |  |
| Income (net of non-U.S. taxes<sup>2</sup>): |  |  |  |
| Interest from unaffiliated issuers | &nbsp;&nbsp;&nbsp; $2845 | &nbsp;&nbsp;&nbsp; $135847 | &nbsp;&nbsp;&nbsp; $45480 |
| Dividends: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 105 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 2951 | &nbsp;&nbsp;&nbsp; 135847 | &nbsp;&nbsp;&nbsp; 45480 |
|  | &nbsp;&nbsp;&nbsp; 2951 | &nbsp;&nbsp;&nbsp; 135847 | &nbsp;&nbsp;&nbsp; 45480 |
| Fees and expenses: |  |  |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 297 | &nbsp;&nbsp;&nbsp; 9540 | &nbsp;&nbsp;&nbsp; 3223 |
| Other | &nbsp;&nbsp;&nbsp; — <br><sup>3</sup><br>| &nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp; 7 |
| Total fees and expenses | &nbsp;&nbsp;&nbsp; 297 | &nbsp;&nbsp;&nbsp; 9586 | &nbsp;&nbsp;&nbsp; 3230 |
| Net investment income | &nbsp;&nbsp;&nbsp; 2654 | &nbsp;&nbsp;&nbsp; 126261 | &nbsp;&nbsp;&nbsp; 42250 |
| **Net realized gain (loss) and unrealized appreciation** <br> **(depreciation):**<br>|  |  |  |
| Net realized gain (loss)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; (41)<br>| &nbsp;&nbsp;&nbsp; (3488)<br>| &nbsp;&nbsp;&nbsp; 2008 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (1)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| In-kind redemptions | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 777 | &nbsp;&nbsp;&nbsp; 1140 |
| Options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; 271 | &nbsp;&nbsp;&nbsp; 535 | &nbsp;&nbsp;&nbsp; 405 |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (829)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; (236)<br>| &nbsp;&nbsp;&nbsp; 765 | &nbsp;&nbsp;&nbsp; — |
| Currency transactions | &nbsp;&nbsp;&nbsp; (1301)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; (2137)<br>| &nbsp;&nbsp;&nbsp; (1411)<br>| &nbsp;&nbsp;&nbsp; 3553 |
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 3121 | &nbsp;&nbsp;&nbsp; 72604 | &nbsp;&nbsp;&nbsp; 67169 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; — <br><sup>3</sup><br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; (48)<br>| &nbsp;&nbsp;&nbsp; 91 | &nbsp;&nbsp;&nbsp; — |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (1401)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp; (774)<br>| &nbsp;&nbsp;&nbsp; — |
| Currency translations | &nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 1776 | &nbsp;&nbsp;&nbsp; 71921 | &nbsp;&nbsp;&nbsp; 67169 |
| Net realized gain (loss) and unrealized appreciation <br> (depreciation)<br>| &nbsp;&nbsp;&nbsp; (361)<br>| &nbsp;&nbsp;&nbsp; 70510 | &nbsp;&nbsp;&nbsp; 70722 |
| **Net increase (decrease) in net assets resulting from** <br> **operations**<br>| &nbsp;&nbsp;&nbsp; $2293 | &nbsp;&nbsp;&nbsp; $196771 | &nbsp;&nbsp;&nbsp; $112972 |

---

Refer to the end of the statements of operations for footnote(s).

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **278** |

---

------

Financial statements (continued)

**Statements of operations** for the year ended December 31, 2025 (continued)(dollars in thousands)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Short Duration** <br>**Income** <br>**ETF**<br>| &nbsp;&nbsp; **Short Duration** <br>**Municipal Income** <br>**ETF**<br>| &nbsp;&nbsp; **Ultra Short** <br>**Income** <br>**ETF**<br>|
| **Investment income:** |  |  |  |
| Income (net of non-U.S. taxes<sup>2</sup>): |  |  |  |
| Interest from unaffiliated issuers | &nbsp;&nbsp;&nbsp; $75631 | &nbsp;&nbsp;&nbsp; $26389 | &nbsp;&nbsp;&nbsp; $3757 |
| Dividends: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 4045 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 79676 | &nbsp;&nbsp;&nbsp; 26389 | &nbsp;&nbsp;&nbsp; 3757 |
|  | &nbsp;&nbsp;&nbsp; 79676 | &nbsp;&nbsp;&nbsp; 26389 | &nbsp;&nbsp;&nbsp; 3757 |
| Fees and expenses: |  |  |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 3387 | &nbsp;&nbsp;&nbsp; 1838 | &nbsp;&nbsp;&nbsp; 141 |
| Other | &nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp; — <br><sup>3</sup><br>|
| Total fees and expenses | &nbsp;&nbsp;&nbsp; 3392 | &nbsp;&nbsp;&nbsp; 1844 | &nbsp;&nbsp;&nbsp; 141 |
| Net investment income | &nbsp;&nbsp;&nbsp; 76284 | &nbsp;&nbsp;&nbsp; 24545 | &nbsp;&nbsp;&nbsp; 3616 |
| **Net realized gain (loss) and unrealized appreciation** <br> **(depreciation):**<br>|  |  |  |
| Net realized gain (loss)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 1671 | &nbsp;&nbsp;&nbsp; 109 | &nbsp;&nbsp;&nbsp; (61)<br>|
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (8)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| In-kind redemptions | &nbsp;&nbsp;&nbsp; 330 | &nbsp;&nbsp;&nbsp; 210 | &nbsp;&nbsp;&nbsp; 58 |
| Options written | &nbsp;&nbsp;&nbsp; 57 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; (644)<br>| &nbsp;&nbsp;&nbsp; (138)<br>| &nbsp;&nbsp;&nbsp; (15)<br>|
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; (11593)<br>| &nbsp;&nbsp;&nbsp; (593)<br>| &nbsp;&nbsp;&nbsp; (223)<br>|
| Currency transactions | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; (10187)<br>| &nbsp;&nbsp;&nbsp; (412)<br>| &nbsp;&nbsp;&nbsp; (241)<br>|
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 13595 | &nbsp;&nbsp;&nbsp; 9147 | &nbsp;&nbsp;&nbsp; 231 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Options written | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; (160)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (1)<br>|
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; 894 | &nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp; 38 |
| Currency translations | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 14340 | &nbsp;&nbsp;&nbsp; 9215 | &nbsp;&nbsp;&nbsp; 268 |
| Net realized gain (loss) and unrealized appreciation <br> (depreciation)<br>| &nbsp;&nbsp;&nbsp; 4153 | &nbsp;&nbsp;&nbsp; 8803 | &nbsp;&nbsp;&nbsp; 27 |
| **Net increase (decrease) in net assets resulting from** <br> **operations**<br>| &nbsp;&nbsp;&nbsp; $80437 | &nbsp;&nbsp;&nbsp; $33348 | &nbsp;&nbsp;&nbsp; $3643 |

---

Refer to the end of the statements of operations for footnote(s).

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **279** | Capital Group Fixed Income ETF Trust |

---

------

Financial statements (continued)

**Statements of operations** for the year ended December 31, 2025 (continued)(dollars in thousands)

---

| | |
|:---|:---|
|  | &nbsp;&nbsp; **U.S. Multi-Sector** <br>**Income** <br>**ETF**<br>|
| **Investment income:** |  |
| Income (net of non-U.S. taxes<sup>2</sup>): |  |
| Interest from unaffiliated issuers | &nbsp;&nbsp;&nbsp; $222930 |
| Dividends: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; — |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 4235 |
|  | &nbsp;&nbsp;&nbsp; 227165 |
|  | &nbsp;&nbsp;&nbsp; 227165 |
| Fees and expenses: |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 11340 |
| Other | &nbsp;&nbsp;&nbsp; 10 |
| Total fees and expenses | &nbsp;&nbsp;&nbsp; 11350 |
| Net investment income | &nbsp;&nbsp;&nbsp; 215815 |
| **Net realized gain (loss) and unrealized appreciation (depreciation):** |  |
| Net realized gain (loss)<sup>2</sup> on: |  |
| Investments in: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 2546 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (1)<br>|
| In-kind redemptions | &nbsp;&nbsp;&nbsp; 1678 |
| Options written | &nbsp;&nbsp;&nbsp; (630)<br>|
| Futures contracts | &nbsp;&nbsp;&nbsp; 1923 |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (383)<br>|
| Swap contracts | &nbsp;&nbsp;&nbsp; (37916)<br>|
| Currency transactions | &nbsp;&nbsp;&nbsp; (130)<br>|
|  | &nbsp;&nbsp;&nbsp; (32913)<br>|
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |
| Investments in: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 31349 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 8 |
| Options written | &nbsp;&nbsp;&nbsp; 132 |
| Futures contracts | &nbsp;&nbsp;&nbsp; 669 |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (46)<br>|
| Swap contracts | &nbsp;&nbsp;&nbsp; 4049 |
| Currency translations | &nbsp;&nbsp;&nbsp; 10 |
|  | &nbsp;&nbsp;&nbsp; 36171 |
| Net realized gain (loss) and unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp; 3258 |
| **Net increase (decrease) in net assets resulting from operations** | &nbsp;&nbsp;&nbsp; $219073 |

---

<sup>1</sup> For the period June 24, 2025, commencement of operations, through December 31, 2025.

<sup>2</sup> Additional information related to non-U.S. taxes is included in the notes to financial statements.

<sup>3</sup> Amount less than one thousand.

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **280** |

---

------

Financial statements (continued)

**Statements of changes in net assets**(dollars in thousands)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Core** <br>**Bond** <br>**ETF** | **Core** <br>**Bond** <br>**ETF** | **Core Plus** <br>**Income** <br>**ETF** | **Core Plus** <br>**Income** <br>**ETF** | **High Yield** <br>**Bond** <br>**ETF** |
|  | Year ended<br>December 31, <br>2025<br>| Year ended<br>December 31, <br>2024<br>| Year ended<br>December 31, <br>2025<br>| Year ended <br>December 31, <br>2024<br>| Period ended<br>December 31, <br>2025\* |
| **Operations:** |  |  |  |  |  |
| Net investment income | $120290 | $34549 | $332746 | $185128 | $1588 |
| Net realized gain (loss) | 9021 | (8842)<br>| (49331)<br>| (37734)<br>| 7 |
| Net unrealized appreciation (depreciation) | 46033 | (21692)<br>| 88234 | (81746)<br>| 666 |
| Net increase (decrease) in net assets <br> resulting from operations<br>| 175344 | 4015 | 371649 | 65648 | 2261 |
| **Distributions paid to shareholders** | (113910)<br>| (33238)<br>| (274566)<br>| (143463)<br>| (1608) |
| **Net capital share transactions** | 2012855 | 1512134 | 2419409 | 2497645 | 52527 |
| **Total increase (decrease) in net assets** | 2074289 | 1482911 | 2516492 | 2419830 | 53180 |
| **Net assets:** |  |  |  |  |  |
| Beginning of period | 1579476 | 96565 | 3984880 | 1565050 |  |
| End of period | $3653765 | $1579476 | $6501372 | $3984880 | $53180 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International** <br>**Bond ETF** <br>**(USD-Hedged)** | **International** <br>**Bond ETF** <br>**(USD-Hedged)** | **Municipal** <br>**Income** <br>**ETF** | **Municipal** <br>**Income** <br>**ETF** | **Municipal** <br>**High-Income** <br>**ETF** | **Municipal** <br>**High-Income** <br>**ETF** |
|  | Year ended <br>December 31, <br>2025<br>| Period ended<br>December 31, <br>2024<sup>†</sup><br>| Year ended<br>December 31, <br>2025<br>| Year ended <br>December 31, <br>2024<br>| Year ended <br>December 31, <br>2025<br>| Period ended<br>December 31, <br>2024<sup>†</sup><br>|
| **Operations:** |  |  |  |  |  |  |
| Net investment income | $2654 | $915 | $126261 | $52969 | $42250 | $1196 |
| Net realized gain (loss) | (2137)<br>| 708 | (1411)<br>| (544)<br>| 3553 | 8 |
| Net unrealized appreciation (depreciation) | 1776 | (247)<br>| 71921 | (19983)<br>| 67169 | (310)<br>|
| Net increase (decrease) in net assets <br> resulting from operations<br>| 2293 | 1376 | 196771 | 32442 | 112972 | 894 |
| **Distributions paid to shareholders** | (2623)<br>| (823)<br>| (122400)<br>| (49415)<br>| (39939)<br>| (1137)<br>|
| **Net capital share transactions** | 100740 | 49500 | 2061969 | 2166571 | 2325291 | 84795 |
| **Total increase (decrease) in net assets** | 100410 | 50053 | 2136340 | 2149598 | 2398324 | 84552 |
| **Net assets:** |  |  |  |  |  |  |
| Beginning of period | 50053 |  | 2666411 | 516813 | 84552 |  |
| End of period | $150463 | $50053 | $4802751 | $2666411 | $2482876 | $84552 |

---

Refer to the end of the statements of changes in net assets for footnote(s).

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **281** | Capital Group Fixed Income ETF Trust |

---

------

Financial statements (continued)

**Statements of changes in net assets** (continued)(dollars in thousands)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Short Duration** <br>**Income** <br>**ETF** | **Short Duration** <br>**Income** <br>**ETF** | **Short Duration** <br>**Municipal Income** <br>**ETF** | **Short Duration** <br>**Municipal Income** <br>**ETF** | **Ultra Short** <br>**Income** <br>**ETF** | **Ultra Short** <br>**Income** <br>**ETF** |
|  | Year ended<br>December 31, <br>2025<br>| Year ended <br>December 31, <br>2024<br>| Year ended<br>December 31, <br>2025<br>| Year ended<br>December 31, <br>2024<br>| Year ended <br>December 31, <br>2025<br>| Period ended<br>December 31, <br>2024<sup>†</sup><br>|
| **Operations:** |  |  |  |  |  |  |
| Net investment income | $76284 | $37836 | $24545 | $8648 | $3616 | $839 |
| Net realized gain (loss) | (10187)<br>| (10210)<br>| (412)<br>| (269)<br>| (241)<br>| 46 |
| Net unrealized appreciation (depreciation) | 14340 | 3101 | 9215 | (706)<br>| 268 | 110 |
| Net increase (decrease) in net assets <br> resulting from operations<br>| 80437 | 30727 | 33348 | 7673 | 3643 | 995 |
| **Distributions paid to shareholders** | (63573)<br>| (27757)<br>| (23144)<br>| (8036)<br>| (3383)<br>| (857)<br>|
| **Net capital share transactions** | 980680 | 538988 | 389732 | 507840 | 151691 | 34531 |
| **Total increase (decrease) in net assets** | 997544 | 541958 | 399936 | 507477 | 151951 | 34669 |
| **Net assets:** |  |  |  |  |  |  |
| Beginning of period | 874355 | 332397 | 553877 | 46400 | 34669 |  |
| End of period | $1871899 | $874355 | $953813 | $553877 | $186620 | $34669 |

---

---

| | | |
|:---|:---|:---|
|  | **U.S. Multi-Sector** <br>**Income** <br>**ETF** | **U.S. Multi-Sector** <br>**Income** <br>**ETF** |
|  | Year ended<br>December 31, <br>2025<br>| Year ended <br>December 31, <br>2024<br>|
| **Operations:** |  |  |
| Net investment income | $215815 | $77052 |
| Net realized gain (loss) | (32913)<br>| (9679)<br>|
| Net unrealized appreciation (depreciation) | 36171 | (6619)<br>|
| Net increase (decrease) in net assets resulting <br> from operations<br>| 219073 | 60754 |
| **Distributions paid to shareholders** | (182781)<br>| (64695)<br>|
| **Net capital share transactions** | 1942833 | 1575085 |
| **Total increase (decrease) in net assets** | 1979125 | 1571144 |
| **Net assets:** |  |  |
| Beginning of period | 1950633 | 379489 |
| End of period | $3929758 | $1950633 |

---

\* For the period June 24, 2025, commencement of operations, through December 31, 2025. <br> <sup>†</sup> For the period June 25, 2024, commencement of operations, through December 31, 2024.

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **282** |

---

------

Notes to financial statements

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

**1. Organization**

------

Capital Group Fixed Income ETF Trust (the "series") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company. The series consists of four nondiversified exchange-traded funds: Capital Group Core Bond ETF ("Core Bond ETF"), Capital Group International Bond ETF (USD-Hedged) ("International Bond ETF (USD-Hedged)"), Capital Group Short Duration Municipal Income ETF ("Short Duration Municipal Income ETF") and Capital Group Ultra Short Income ETF ("Ultra Short Income ETF"), and six diversified exchange-traded funds: Capital Group Core Plus Income ETF ("Core Plus Income ETF"), Capital Group High Yield Bond ETF ("High Yield Bond ETF"), Capital Group Municipal Income ETF ("Municipal Income ETF"), Capital Group Municipal High-Income ETF ("Municipal High-Income ETF"), Capital Group Short Duration Income ETF ("Short Duration Income ETF") and Capital Group U.S. Multi-Sector Income ETF ("U.S. Multi-Sector Income ETF") (each a "fund", or collectively, the "funds").

The investment objective(s) for each fund are as follows:

**Core Bond ETF** — To provide as high a level of current income as is consistent with the preservation of capital.

**Core Plus Income ETF** — To provide current income and seek maximum total return, consistent with preservation of capital.

**High Yield Bond ETF** — To provide a high level of current income. Its secondary investment objective is capital appreciation.

**International Bond ETF (USD-Hedged)** — To provide a high level of current income as is consistent with the preservation of capital.

**Municipal Income ETF** — To provide a high level of current income exempt from regular federal income tax, consistent with the preservation of capital.

**Municipal High-Income ETF** — To provide a high level of current income exempt from regular federal income tax.

**Short Duration Income ETF** — To provide current income, consistent with a short duration profile and with the preservation of capital.

**Short Duration Municipal Income ETF** — To provide current income exempt from regular federal income tax, consistent with a short duration profile and with the preservation of capital.

**Ultra Short Income ETF** — To provide current income, consistent with an ultra-short duration profile, focused on preservation of capital.

**U.S. Multi-Sector Income ETF** — To provide a high level of current income. The secondary objective is to provide capital appreciation.

**2. Significant accounting policies**

------

Each 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"). Each fund's financial statements have been prepared to comply with U.S. generally accepted accounting principles ("U.S. GAAP"). These principles require the funds' 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 funds follow the significant accounting policies described in this section, as well as the valuation policies described in the next section on valuation.

**Operating segments** — Each fund represents a single operating segment as the operating results of each 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 funds' portfolio management team. A senior executive team comprised of the funds' Principal Executive Officer and Principal Financial Officer, serves as the funds' 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 each 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.

---

| | |
|:---|:---|
| **283** | Capital Group Fixed Income ETF Trust |

---

------

**Security transactions and related investment income** — Security transactions are recorded by the funds 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 funds will segregate liquid assets sufficient to meet their 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.

**Distributions paid to shareholders** — Income dividends and capital gain distributions are recorded on each fund's ex-dividend date.

**Currency translation** — Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date. Purchases and sales of investment securities and income and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions. The effects of changes in exchange rates on investment securities are included with the net realized gain or loss and net unrealized appreciation or depreciation on investments in each fund's statement of operations. The realized gain or loss and unrealized appreciation or depreciation resulting from all other transactions denominated in currencies other than U.S. dollars are disclosed separately.

**3. Valuation**

------

Capital Research and Management Company ("CRMC"), the funds' investment adviser, values each fund's investments at fair value as defined by U.S. GAAP. The net asset value per share of each fund 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 funds' investment adviser uses the following methods and inputs to establish the fair value of each 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 funds are 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 <br> models such as yield measures calculated using factors such as cash flows, <br> financial or collateral performance and other reference data (collectively <br> referred to 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 <br> inputs that include, but are not limited to, financial statements and debt <br> contracts<br>|

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **284** |

---

------

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 each funds' 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. Forward currency contracts are valued based on the spot and forward exchange rates obtained from a third-party pricing vendor. 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, other reference data, and terms of the contract.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by each funds' investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by each funds' 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 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** — Each fund's board of trustees has designated each funds' 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. Each fund's board and audit committee also regularly review reports that describe fair value determinations and methods.

---

| | |
|:---|:---|
| **285** | Capital Group Fixed Income ETF Trust |

---

------

**Classifications** — Each funds' investment adviser classifies each 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 funds' valuation levels as of December 31, 2025, were as follows (dollars in thousands):

**Core Bond ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Corporate bonds and notes  | $— | $1489071 | $— | $1489071 |
| Mortgage-backed obligations  |  | 1144138 |  | 1144138 |
| U.S. Treasury bonds & notes  |  | 529489 |  | 529489 |
| Asset-backed obligations  |  | 339331 |  | 339331 |
| Bonds & notes of governments & government agencies <br>outside the U.S. <br>|  | 19046 |  | 19046 |
| Loans  |  |  | 1389 | 1389 |
| Municipals  |  | 729 |  | 729 |
| Short-term securities  | 147218 |  |  | 147218 |
| Total | $147218 | $3521804 | $1389 | $3670411 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $121 | $— | $— | $121 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 1 |  | 1 |
| Unrealized appreciation on centrally cleared credit default swaps  |  | 37 |  | 37 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (4148)<br>|  |  | (4148)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (14)<br>|  | (14)<br>|
| Total | $(4027)<br>| $24 | $— | $(4003)<br>|

---

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

**Core Plus Income ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Mortgage-backed obligations  | $— | $2740199 | $— | $2740199 |
| Corporate bonds and notes  |  | 1997090 | 592 | 1997682 |
| U.S. Treasury bonds & notes  |  | 1033731 |  | 1033731 |
| Asset-backed obligations  |  | 471221 |  | 471221 |
| Bonds & notes of governments & government agencies <br>outside the U.S. <br>|  | 99251 |  | 99251 |
| Loans  |  | 17179 | 634 | 17813 |
| Municipals  |  | 4187 |  | 4187 |
| Common stocks  | 102 |  |  | 102 |
| Short-term securities  | 333993 |  |  | 333993 |
| Total | $334095 | $6362858 | $1226 | $6698179 |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **286** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $1906 | $— | $— | $1906 |
| Unrealized appreciation on open forward currency contracts  |  | 17 |  | 17 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 9762 |  | 9762 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (5000)<br>|  |  | (5000)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (1873)<br>|  | (1873)<br>|
| Total | $(3094)<br>| $7906 | $— | $4812 |

---

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

**High Yield Bond ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Corporate bonds and notes  | $— | $45611 | $— | $45611 |
| Loans  |  | 847 |  | 847 |
| Convertible bonds & notes  |  | 1642 |  | 1642 |
| Convertible stocks  | 138 |  |  | 138 |
| Common stocks  | 140 |  |  | 140 |
| Short-term securities  | 3942 |  |  | 3942 |
| Total | $4220 | $48100 | $— | $52320 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | $(6)<br>| $— | $— | $(6)<br>|
| Total | $(6)<br>| $— | $— | $(6)<br>|

---

\* Futures contracts are not included in the investment portfolio.

---

| | |
|:---|:---|
| **287** | Capital Group Fixed Income ETF Trust |

---

------

**International Bond ETF (USD-Hedged)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Euros | $— | $43753 | $— | $43753 |
| British pounds |  | 13824 |  | 13824 |
| Chinese yuan renminbi |  | 13110 |  | 13110 |
| Japanese yen |  | 10472 |  | 10472 |
| Canadian dollars |  | 8948 |  | 8948 |
| Malaysian ringgits |  | 6641 |  | 6641 |
| Brazilian reais |  | 6344 |  | 6344 |
| Australian dollars |  | 5675 |  | 5675 |
| South Korean won |  | 5454 |  | 5454 |
| Hungarian forints |  | 3562 |  | 3562 |
| New Zealand dollars |  | 2523 |  | 2523 |
| Philippine pesos |  | 2249 |  | 2249 |
| Czech korunas |  | 1841 |  | 1841 |
| Chilean pesos |  | 1187 |  | 1187 |
| Norwegian kroner |  | 1067 |  | 1067 |
| Colombian pesos |  | 763 |  | 763 |
| Mexican pesos |  | 594 |  | 594 |
| Turkish lira |  | 209 |  | 209 |
| U.S. dollars |  | 18758 |  | 18758 |
| Short-term securities | 1241 |  |  | 1241 |
| Total | $1241 | $146974 | $— | $148215 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $116 | $— | $— | $116 |
| Unrealized appreciation on open forward currency contracts  |  | 221 |  | 221 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 48 |  | 48 |
| Unrealized appreciation on bilateral interest rate swaps  |  | 13 |  | 13 |
| Unrealized appreciation on centrally cleared credit default swaps  |  | 22 |  | 22 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (133)<br>|  |  | (133)<br>|
| Unrealized depreciation on open forward currency contracts  |  | (628)<br>|  | (628)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (34)<br>|  | (34)<br>|
| Unrealized depreciation on bilateral interest rate swaps  |  | (48)<br>|  | (48)<br>|
| Total | $(17)<br>| $(406)<br>| $— | $(423)<br>|

---

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

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **288** |

---

------

**Municipal Income ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Texas  | $— | $613639 | $510 | $614149 |
| New York  |  | 432458 |  | 432458 |
| California  |  | 421652 |  | 421652 |
| Illinois  |  | 302037 |  | 302037 |
| Alabama  |  | 272214 |  | 272214 |
| Florida  |  | 213461 |  | 213461 |
| Washington  |  | 166671 |  | 166671 |
| Colorado  |  | 143084 |  | 143084 |
| Pennsylvania  |  | 132065 |  | 132065 |
| Ohio  |  | 131492 |  | 131492 |
| Other  |  | 1635175 |  | 1635175 |
| Common stocks  |  |  | —<br> \*<br>| —<br> \*<br>|
| Short-term securities  |  | 321669 |  | 321669 |
| Total | $— | $4785617 | $510 | $4786127 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments**<sup>†</sup>  | **Other investments**<sup>†</sup>  | **Other investments**<sup>†</sup>  | **Other investments**<sup>†</sup>  |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $254 | $— | $— | $254 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (163)<br>|  |  | (163)<br>|
| Total | $91 | $— | $— | $91 |

---

---

| | |
|:---|:---|
| \*  | Amount less than one thousand. |
| <sup>†</sup> <br>| Futures contracts are not included in the investment portfolio. |

---

**Municipal High-Income ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| California  | $— | $226623 | $— | $226623 |
| Texas  |  | 207119 |  | 207119 |
| Colorado  |  | 174911 |  | 174911 |
| New York  |  | 172487 |  | 172487 |
| Illinois  |  | 156824 |  | 156824 |
| Florida  |  | 148962 |  | 148962 |
| Puerto Rico  |  | 134843 |  | 134843 |
| Wisconsin  |  | 121969 |  | 121969 |
| Pennsylvania  |  | 87707 |  | 87707 |
| Arizona  |  | 71569 |  | 71569 |
| Other  |  | 881488 |  | 881488 |
| Rights & warrants  |  |  | —<br> \*<br>| —<br> \*<br>|
| Short-term securities  |  | 70275 |  | 70275 |
| Total | $— | $2454777 | $—<br> \*<br>| $2454777 |
| \* Amount less than one thousand. |  |  |  |  |

---

---

| | |
|:---|:---|
| **289** | Capital Group Fixed Income ETF Trust |

---

------

**Short Duration Income ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Corporate bonds and notes  | $— | $731038 | $— | $731038 |
| Mortgage-backed obligations  |  | 608807 |  | 608807 |
| Asset-backed obligations  |  | 450899 |  | 450899 |
| U.S. Treasury bonds & notes  |  | 20072 |  | 20072 |
| Bonds & notes of governments & government agencies <br>outside the U.S. <br>|  | 6233 |  | 6233 |
| Loans  |  |  | 1681 | 1681 |
| Short-term securities  | 89376 |  |  | 89376 |
| Total | $89376 | $1817049 | $1681 | $1908106 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on centrally cleared interest rate swaps  | $— | $3749 | $— | $3749 |
| Total | $— | $3749 | $— | $3749 |

---

\* Interest rate swaps are not included in the investment portfolio.

**Short Duration Municipal Income ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| California  | $— | $128977 | $— | $128977 |
| Texas  |  | 87649 |  | 87649 |
| New York  |  | 63978 |  | 63978 |
| Florida  |  | 59319 |  | 59319 |
| Illinois  |  | 48830 |  | 48830 |
| Virginia  |  | 28787 |  | 28787 |
| North Carolina  |  | 28777 |  | 28777 |
| Kentucky  |  | 28756 |  | 28756 |
| Alabama  |  | 27648 |  | 27648 |
| Colorado  |  | 27338 |  | 27338 |
| Other  |  | 368175 |  | 368175 |
| Short-term securities  |  | 57440 |  | 57440 |
| Total | $— | $955674 | $— | $955674 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on centrally cleared interest rate swaps  | $— | $393 | $— | $393 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (17)<br>|  | (17)<br>|
| Total | $— | $376 | $— | $376 |

---

\* Interest rate swaps are not included in the investment portfolio.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **290** |

---

------

**Ultra Short Income ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Corporate bonds and notes  | $— | $97117 | $— | $97117 |
| Asset-backed obligations  |  | 41517 |  | 41517 |
| Mortgage-backed obligations  |  | 7118 |  | 7118 |
| Short-term securities  |  | 40685 |  | 40685 |
| Total | $— | $186437 | $— | $186437 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on centrally cleared interest rate swaps  | $— | $38 | $— | $38 |
| Total | $— | $38 | $— | $38 |

---

\* Interest rate swaps are not included in the investment portfolio.

**U.S. Multi-Sector Income ETF** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Bonds, notes & other debt instruments: |  |  |  |  |
| Corporate bonds and notes  | $— | $2756069 | $394 | $2756463 |
| Mortgage-backed obligations  |  | 612987 |  | 612987 |
| Asset-backed obligations  |  | 305381 |  | 305381 |
| Loans  |  | 50159 | 408 | 50567 |
| U.S. Treasury bonds & notes  |  | 48747 |  | 48747 |
| Municipals  |  | 1882 |  | 1882 |
| Convertible bonds & notes  |  | 5271 |  | 5271 |
| Common stocks  | 209 |  | 1276 | 1485 |
| Short-term securities  | 97295 |  |  | 97295 |
| Options purchased on futures (equity style)  | 475 |  |  | 475 |
| Total | $97979 | $3780496 | $2078 | $3880553 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $1185 | $— | $— | $1185 |
| Unrealized appreciation on open forward currency contracts  |  | 35 |  | 35 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 19470 |  | 19470 |
| Unrealized appreciation on centrally cleared credit default swaps  |  | 457 |  | 457 |
| Liabilities: |  |  |  |  |
| Value of options written (equity style)  | (251)<br>|  |  | (251)<br>|
| Unrealized depreciation on futures contracts  | (516)<br>|  |  | (516)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (524)<br>|  | (524)<br>|
| Unrealized depreciation on centrally cleared credit default swaps  |  | (1)<br>|  | (1)<br>|
| Total | $418 | $19437 | $— | $19855 |

---

\* Options written, futures contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the investment portfolio.

---

| | |
|:---|:---|
| **291** | Capital Group Fixed Income ETF Trust |

---

------

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

**4. Risk factors**

------

Investing in each fund may involve certain risks including, but not limited to, those described below (as applicable).

**Market conditions** — The prices of, and the income generated by, the securities held by a fund may decline 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. Events (including public health emergencies, such as the spread of infectious disease), bank failures and other circumstances in one country or region could have impacts on global economies or markets. As a result, whether or not a fund invests in securities of issuers located in or with significant exposure to the countries affected, the value and liquidity of a 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 a 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 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.

**Investing in municipal securities** — Municipal securities are debt obligations that are exempt from federal, state and/or local income taxes. The yield and/or value of a fund's investments in municipal securities may be adversely affected by events tied to the municipal securities markets, which can be very volatile and significantly impacted by unfavorable legislative or political developments and negative changes in the financial conditions of municipal securities issuers and the economy. To the extent a fund invests in obligations of a municipal issuer, the volatility, credit quality and performance of a fund may be adversely impacted by local political and economic conditions of the issuer. For example, a credit rating downgrade, bond default or bankruptcy involving an issuer within a particular state or territory could affect the market values and marketability of many or all municipal obligations of that state or territory. Income from municipal securities held by a fund could also be declared taxable because of changes in tax laws or interpretations by taxing authorities or as a result of noncompliant conduct of a municipal issuer. Additionally, the relative amount of publicly available information about municipal securities is generally less than that for corporate securities.

**Investing in debt instruments** — The prices of, and the income generated by, bonds and other debt securities held by a 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 callable 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 a fund. Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in a 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 a fund's securities could cause the net asset value of a 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.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **292** |

---

------

**Investing in cash equivalents** — Cash equivalents, such as commercial paper, asset-backed commercial paper, short term-bank obligations and corporate bonds and notes that mature or may be redeemed or mature within thirteen months or less, like other fixed income instruments are subject to interest rate risk. However, the short-term nature of a commercial paper investment makes it less susceptible to volatility than many other fixed income securities because interest rate risk typically increases as maturity lengths increase. Commercial paper is often unsecured, but may be supported by letters of credit or other forms of collateral. Maturing commercial paper are usually repaid by the issuer from the proceeds of new commercial paper issuances. As a result, investment in commercial paper is subject to rollover risk, or the risk that the issuer cannot issue enough new commercial paper to satisfy its outstanding commercial paper. As with all fixed income securities, there is a chance that the issuer will default on its short-term obligations and these securities may become illiquid or suffer from reduced liquidity in these or other situations.

**Investing in financials** — Under normal circumstances, a significant portion of a fund's portfolio will be comprised of securities issued by companies in the financials group of industries. As a result, a fund may be more susceptible to any economic, business, political or other developments which generally affect this group of industries. The profitability of many types of financial companies may be adversely affected in certain market cycles, including during periods of rising interest rates, which may restrict the availability and increase the cost of capital, and declining economic conditions, which may cause credit losses due to financial difficulties of borrowers. Because many types of financial companies are vulnerable to these economic cycles, a fund's investments may lose value during such periods.

**Investing in asset-backed securities** — Asset-backed securities include debt obligations that represent interests in pools of 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. 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 a 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 asset-backed securities are paid off could be extended, reducing the fund's cash available for reinvestment in higher yielding securities. Asset-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 asset may decline in value and be insufficient, upon foreclosure, to repay the associated loans.

**Currency transactions** — In addition to the risks generally associated with investing in derivative instruments, the use of forward currency contracts involves the risk that currency movements will not be accurately predicted by the investment adviser, which could result in losses to the fund. While entering into forward currency contracts could minimize the risk of loss due to a decline in the value of the hedged currency, it could also limit any potential gain that may result from an increase in the value of the currency. Additionally, the adviser may use forward currency contracts to increase exposure to a certain currency or to shift exposure to currency fluctuations from one country to another. Forward currency contracts may expose the fund to potential gains and losses in excess of the initial amount invested.

**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 a 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. Depending on market conditions, reduced liquidity of fund holdings may also cause a fund's shares to trade in the market at wider bid-ask spreads or greater premiums or discounts to the fund's NAV.

**Credit and liquidity support** — Changes in the credit quality of banks and financial institutions providing credit and liquidity support features with respect to securities held by a fund could cause the values of these securities to decline.

**Investing in lower rated debt instruments** — Lower rated debt securities or instruments, rated Ba1/BB+ or below by Nationally Recognized Statistical Rating Organizations (also known as "junk bonds"), generally have higher rates of interest and involve greater risk of default or price declines due to changes in the issuer's creditworthiness than those of higher quality debt securities. The market prices of these securities may fluctuate more than the prices of higher quality debt securities and may decline significantly in periods of general economic difficulty. These risks may be increased with respect to investments in junk bonds. Investments in junk bonds can be considered speculative.

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|:---|:---|
| **293** | Capital Group Fixed Income ETF Trust |

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**Investing in emerging markets** — Investing in emerging markets may involve risks in addition to and greater than those generally associated with investing in the securities markets of developed countries. For instance, emerging market countries tend to have less developed political, economic and legal systems than those in developed countries. Accordingly, the governments of these countries may be less stable and more likely to intervene in the market economy in a manner that could adversely affect the prices of securities. Information regarding issuers in emerging markets may be limited, incomplete or inaccurate, and such issuers may not be subject to regulatory, accounting, auditing, and financial reporting and recordkeeping standards comparable to those to which issuers in more developed markets are subject. A fund's rights with respect to its investments in emerging markets, if any, will generally be governed by local law, which may make it difficult or impossible for a fund to pursue legal remedies or to obtain and enforce judgments in local courts. In addition, the economies of these countries may be dependent on relatively few industries, may have limited access to capital and may be more susceptible to changes in local and global trade conditions and downturns in the world economy. Securities markets in these countries can also be relatively small and have substantially lower trading volumes. As a result, securities issued in these countries may be more volatile and less liquid, more vulnerable to market manipulation, and more difficult to value, than securities issued in countries with more developed economies and/or markets. Less certainty with respect to security valuations may lead to additional challenges and risks in calculating a fund's net asset value. Additionally, emerging markets are more likely to experience problems with the clearing and settling of trades and the holding of securities by banks, agents and depositories that are less established than those in developed countries.

**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 a 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 a fund having to reinvest the proceeds in lower yielding securities, effectively reducing a 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 a 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.

**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 a 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 in future delivery contracts** — A 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 a 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. A fund may choose to roll these transactions in lieu of settling them.

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|:---|:---|
| Capital Group Fixed Income ETF Trust | **294** |

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When a 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 a 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 a 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 futures contracts** — In addition to the risks generally associated with investing in derivative instruments, futures contracts are subject to the creditworthiness of the clearing organizations, exchanges and futures commission merchants with which the fund transacts. Additionally, although futures require only a small initial investment in the form of a deposit of initial margin, the amount of a potential loss on a futures contract could greatly exceed the initial amount invested. While futures contracts are generally liquid instruments, under certain market conditions futures may be deemed to be illiquid. For example, a fund may be temporarily prohibited from closing out its position in a futures contract if intraday price change limits or limits on trading volume imposed by the applicable futures exchange are triggered. If a fund is unable to close out a position on a futures contract, the fund would remain subject to the risk of adverse price movements until the fund is able to close out the futures position. The ability of a fund to successfully utilize futures contracts may depend in part upon the ability of the fund's investment adviser to accurately forecast interest rates and other economic factors and to assess and predict the impact of such economic factors on the futures in which the fund invests. If the investment adviser incorrectly forecasts economic developments or incorrectly predicts the impact of such developments on the futures in which it invests, the fund could suffer losses.

**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 a fund to lose significantly more than its initial investment. Derivatives may be difficult to value, difficult for a fund to buy or sell at an opportune time or price and difficult, or even impossible, to terminate or otherwise offset. A 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. A 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, a 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).

**Exposure to country, region, industry or sector** — Subject to each fund's investment limitations, a fund may have significant exposure to a particular country, region, industry or sector. Such exposure may cause the fund to be more impacted by risks relating to and developments affecting the country, region, industry or sector, and thus its net asset value may be more volatile, than a fund without such levels of exposure. For example, if a fund has significant exposure in a particular country, then social, economic, regulatory or other issues that negatively affect that country may have a greater impact on the fund than on a fund that is more geographically diversified.

**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 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, 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 accounting practices and different regulatory, legal, auditing, financial reporting and recordkeeping standards and practices, 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. Further, there may be increased risks of delayed settlement of securities purchased or sold by a fund, which could impact the liquidity of the fund's portfolio.

**Currency** — The prices of, and the income generated by, many debt securities held by a fund may also be affected by changes in relative currency values. If the U.S. dollar appreciates against foreign currencies, the value in U.S. dollars of a fund's securities denominated in such currencies would generally fall and vice versa.

**Currency hedging risk** — A fund's use of forward currency contracts to hedge all or substantially all of the fund's foreign currency exposure could result in losses to the fund if currencies do not perform as expected. In addition, the reduction of a fund's exposure to currency risks limits a fund's ability to benefit from favorable changes in currency exchange rates. Currency markets generally are not as regulated as securities markets, and currency rates may experience volatility, which can reduce the fund's returns.

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| **295** | Capital Group Fixed Income ETF Trust |

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A fund's use of forward currency contracts to hedge all or substantially all of the fund's foreign currency exposure is intended to minimize the impact of currency fluctuations on fund returns; however, this strategy will not eliminate a fund's exposure to currency risk. The use of forward currency contracts will not entirely offset the fluctuations between a fund's exposure to non-U.S. currencies and the U.S. dollar. Additionally, there are transaction costs the fund will incur to hedge its foreign currency exposure. A fund's exposure to foreign currencies may not be hedged at all times, including at times when the fund is implementing a currency hedging transaction. Volatility of the U.S. dollar relative to the currencies being hedged will generally reduce the effectiveness of a fund's currency hedging transactions. Differences between U.S. dollar interest rates and foreign currency interest rates may also impact the effectiveness of the fund's currency hedging transactions.

**Investing in similar municipal bonds** — Investing significantly in municipal obligations of multiple issuers in the same state or backed by revenues of similar types of projects or industries may make a fund more susceptible to certain economic, political or regulatory occurrences. As a result, a fund has greater risk of volatility, and greater risk of loss, from these investments.

**Insured municipal bonds** – A fund may invest in municipal bonds that are insured generally as to the timely payment of interest and repayment of principal. Insurance that covers a municipal bond does not guarantee the market value of the bond or the prices of a fund's shares. Market conditions or changes to ratings criteria could adversely impact the ratings of municipal bond insurers. If the credit rating of the insurer were downgraded or withdrawn by rating agencies, this could have an adverse effect upon the credit rating of the insured bond and, therefore, its market value, despite the quality of the underlying issuer.

**Alternative minimum tax** — A fund may invest in securities, including in "private activity bonds," that may be subject to federal alternative minimum tax. Therefore, while a fund's distributions from tax-exempt securities are not subject to regular federal income tax, a portion or all of the distributions may be included in determining a shareholder's federal alternative minimum tax.

**Investing in debt securities of sovereign, quasi-sovereign and supranational entities** — While debt securities of sovereign, quasi-sovereign and supranational entities are subject to the risks associated with investments in debt instruments or foreign securities generally, they are also subject to other and different risks. A governmental or quasi-governmental entity may be unwilling or unable to pay interest and repay principal on its sovereign or quasi-sovereign debt, or otherwise meet its obligations when due, including for reasons such as the government's policy towards principal international lenders such as the International Monetary Fund or the political considerations to which the government may be subject. If such issuers default (or threaten to default), the indebtedness may be restructured and/or a moratorium on the payments of such indebtedness may be declared, in each case, without the approval of some or all debt holders. In the event of a default on sovereign or quasi-sovereign debt, a fund may also have limited legal recourse against the defaulting government entity.

A "supranational entity" is an entity established or financially supported by the governments of several countries to promote reconstruction, economic development or trade (for example, the World Bank). Generally, the governmental members of these entities make initial capital contributions to and may also commit to making additional contributions if the supranational entity is unable to repay its borrowings. There is no guarantee that one or more governmental members of a supranational entity will continue to make any necessary additional capital contributions, and if such contributions are not made, the entity may be unable to pay interest or repay principal on its debt securities.

**Interest rate risk** — The values and liquidity of the securities held by a fund may be affected by changing interest rates. For example, the values of these securities may decline when interest rates rise and increase when interest rates fall. 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. A fund may invest in variable and floating rate securities. When a fund holds variable or floating rate securities, a decrease in market interest rates will adversely affect the income received from such securities and the net asset value of a fund's shares. Although the values of such securities are generally less sensitive to interest rate changes than those of other debt securities, the value of variable and floating rate securities may decline if their interest rates do not rise as quickly, or as much, as market interest rates. Conversely, floating rate securities will not generally increase in value if interest rates decline. During periods of extremely low short-term interest rates, a fund may not be able to maintain a positive yield or total return and, in relatively low interest rate environments, there are heightened risks associated with rising interest rates.

**Portfolio turnover** — A fund may engage in frequent and active trading of its portfolio securities. Higher portfolio turnover may involve correspondingly greater transaction costs in the form of dealer spreads, brokerage commissions and other transaction costs on the sale of securities and on reinvestment in other securities. The sale of portfolio securities may also result in the realization of net capital gains, which are taxable when distributed to shareholders, unless the shareholder is exempt from taxation or the shareholder's account is tax-favored. These costs and tax effects may adversely affect a fund's returns to shareholders. A fund's portfolio turnover rate may vary from year to year, as well as within a year.

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|:---|:---|
| Capital Group Fixed Income ETF Trust | **296** |

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**Market trading** — The funds' shares are listed for trading on an exchange and are bought and sold on the secondary market at market prices. The market prices of fund shares are expected to fluctuate, in some cases materially, in response to changes in a fund's net asset value ("NAV"), the intraday value of a fund's holdings, and supply and demand for a fund's shares. The existence of significant market volatility, disruptions to creations and redemptions, or potential lack of an active trading market for fund shares and/or for the holdings of a fund (including through a trading halt), among other factors, may result in the shares trading significantly above (at a premium) or below (at a discount) to NAV and bid-ask spreads may widen. A bid-ask spread is the "spread" or difference between what investors are willing to pay for fund shares (the "bid" price) and the price at which the investors are willing to sell fund shares (the "ask" price). Purchasing a fund's shares when its market price is at a premium or selling a fund's shares when its market price is at a discount, may result in paying more than, or receiving less than, NAV, respectively.

Foreign securities held by a fund may be traded in markets that close at a different time than the exchange on which the fund's shares are listed. Liquidity in those securities may be reduced after the applicable closing times. Accordingly, during the time when a fund's exchange is open but after the applicable market closing, fixing or settlement times, bid-ask spreads on the fund's exchange and the corresponding premium or discount to the fund's NAV may widen.

**Authorized Participant concentration** — Only authorized participants may engage in creation or redemption transactions directly with a fund, and none of them is obligated to do so. A fund has a limited number of institutions that may act as authorized participants. In addition, to the extent that securities held by a fund are traded outside a collateralized settlement system, authorized participants may be required to post collateral on certain trades on an agency basis (on behalf of other market participants), which only a limited number of authorized participants may be able to do. If authorized participants exit the business or are unable to or elect not to engage in creation or redemption transactions, and no other authorized participant engages in such function, fund shares may trade at a premium or discount to the fund's net asset value and/or at wider intraday bid-ask spreads and possibly face trading halts or delisting.

**Nondiversification** — As nondiversified funds, each fund may invest a greater percentage of its assets in fewer issuers than a diversified fund. A fund that invests in a relatively smaller number of issuers is more susceptible to risks associated with a single economic, political, geographic or regulatory occurrence than a diversified fund. In addition, poor performance by a single issuer could adversely affect fund performance more than if a fund were invested in a larger number of issuers. The value of a fund's shares can be expected to fluctuate more than might be the case if the fund were more broadly diversified.

**Cash transactions** — Each fund currently expects to effect at least part of its creations and redemptions for cash rather than in-kind securities. When a fund effects redemptions partly or wholly for cash, rather than in-kind, the fund may have to sell portfolio securities at inopportune times in order to obtain the cash needed to meet redemption orders. If a fund realizes gains on these sales, the fund generally will be required to recognize a gain it might not otherwise have recognized, or to recognize such gain sooner than would otherwise be required if it were to distribute portfolio securities in-kind. This strategy may cause shareholders to be subject to tax from distributions to which they would not otherwise be subject. The use of cash creations and redemptions may also cause a fund's shares to trade in the market at wider bid-ask spreads or greater premiums or discounts to the fund's NAV. As a result of such cash transactions, a fund could incur brokerage costs which, to the extent not offset by transaction fees that are payable by an authorized participant, may reduce the fund's NAV.

**Management** — The investment adviser to the funds actively manages the funds' investments. Consequently, the funds are 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 funds to lose value or their investment results to lag relevant benchmarks or other funds with similar objectives.

**5. Certain investment techniques**

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**Index-linked bonds** — Some of the funds have 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** — Some of the funds have 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 tables.

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| **297** | Capital Group Fixed Income ETF Trust |

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**Loan transactions** — Some of the funds have entered into loan transactions in which the fund acquires a loan either through an agent, by assignment from another holder, or as a participation interest in another holder's portion of a loan. The loan is often administered by a financial institution that acts as agent for the holders of the loan, and the fund may be required to receive approval from the agent and/or borrower prior to the sale of the investment. The loan's interest rate and maturity date may change based on the terms of the loan, including potential early payments of principal.

**Unfunded commitments** — Capital Group Core Plus Income ETF and Capital Group Municipal Income ETF have participated in transactions that involve unfunded commitments, which may obligate each fund to purchase new or additional bonds and/or purchase additional shares of the applicable issuer if certain contingencies are met. As of December 31, 2025, the maximum exposure from these unfunded commitments for Capital Group Core Plus Income ETF was $235,000 and Capital Group Municipal Income ETF was $189,000, respectively, which would represent less than 0.01% for Capital Group Core Plus Income ETF and 0.01% for Capital Group Municipal Income ETF respectively, of the net assets of each fund should such commitments become due.

**Option contracts** — Some of the funds have 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.

Option contracts can take different forms. Some of the funds have 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.

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| Capital Group Fixed Income ETF Trust | **298** |

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**Futures contracts** — Some of the funds have 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, each 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. Each 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.

**Forward currency contracts** — Some of the funds have entered into forward currency contracts, which represent agreements to exchange currencies on specific future dates at predetermined rates. The fund's investment adviser uses forward currency contracts to manage the fund's exposure to changes in exchange rates. Upon entering into these contracts, risks may arise from the potential inability of counterparties to meet the terms of their contracts and from possible movements in exchange rates.

On a daily basis, the funds' investment adviser values forward currency contracts and records unrealized appreciation or depreciation for open forward currency contracts in each fund's statement of assets and liabilities. Realized gains or losses are recorded at the time the forward currency contract is closed or offset by another contract with the same broker for the same settlement date and currency.

Closed forward currency contracts that have not reached their settlement date are included in the respective receivables or payables for closed forward currency contracts in each fund's statement of assets and liabilities. Net realized gains or losses from closed forward currency contracts and net unrealized appreciation or depreciation from open forward currency contracts are recorded in each fund's statement of operations.

**Swap contracts** — Some of the funds have 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 funds enter into bilaterally negotiated swap transactions, the funds 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 funds are 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 funds' statement of assets and liabilities for centrally cleared swaps and as unrealized appreciation or depreciation in the funds' 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 funds record 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. Some of the funds have entered into the following types of swap agreements:

**Interest rate swaps** — Some of the funds have 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 funds' portfolio. An interest rate swap is an

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| **299** | Capital Group Fixed Income ETF Trust |

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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. 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 funds' 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.

**Credit default swap indices** — Some of the funds have entered into centrally cleared credit default swap indices, including CDX and iTraxx indices (collectively referred to as "CDSIs"), 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 funds may enter into a CDSI transaction as either protection buyer or protection seller. If the funds are protected buyers, they 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 funds, as protection buyers, 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 protection sellers, the funds 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 funds, coupled with the periodic payments previously received by the funds, may be less than the full notional value that the funds, as protection sellers, pays to the counterparty protection buyer, effectively resulting in a loss of value to the funds. Furthermore, as protection sellers, the funds would effectively add leverage to its portfolio because it would have investment exposure to the notional amount of the swap transaction.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **300** |

---

------

The following table presents the average month-end notional amounts of options on futures, futures contracts, forward currency contracts, interest rate swaps and credit default swaps while held for each fund (dollars in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Options** <br>**on** <br>**futures**<br>| **Futures** <br>**contracts**<br>| **Forward** <br>**currency** <br>**contracts**<br>| **Interest** <br>**rate** <br>**swaps**<br>| **Credit** <br>**default** <br>**swaps**<br>|
| Core Bond ETF | Not applicable | &nbsp;&nbsp; $861958 | Not applicable | &nbsp;&nbsp; $106480 | &nbsp;&nbsp; $69026 |
| Core Plus Income ETF | Not applicable | &nbsp;&nbsp; 2731189 | &nbsp;&nbsp; $10220 | &nbsp;&nbsp; 1367210 | &nbsp;&nbsp; 85,000\* |
| High Yield Bond ETF | Not applicable | &nbsp;&nbsp; 4980 | Not applicable | Not applicable | Not applicable |
| International Bond ETF (USD-Hedged) | Not applicable | &nbsp;&nbsp; 48700 | &nbsp;&nbsp; 58813 | &nbsp;&nbsp; 78515 | &nbsp;&nbsp; 2825 |
| Municipal Income ETF | Not applicable | &nbsp;&nbsp; 223417 | Not applicable | Not applicable | Not applicable |
| Municipal High-Income ETF | Not applicable | &nbsp;&nbsp; 9,087\* | Not applicable | Not applicable | Not applicable |
| Short Duration Income ETF  | &nbsp;&nbsp; $15,335\* | &nbsp;&nbsp; 476,314\* | Not applicable | &nbsp;&nbsp; 316650 | Not applicable |
| Short Duration Municipal Income ETF | Not applicable | &nbsp;&nbsp; 33,675\* | Not applicable | &nbsp;&nbsp; 86185 | Not applicable |
| Ultra Short Income ETF | Not applicable | &nbsp;&nbsp; 3,218\* | Not applicable | &nbsp;&nbsp; 22457 | Not applicable |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 21662 | &nbsp;&nbsp; 479285 | &nbsp;&nbsp; 16401 | &nbsp;&nbsp; 839767 | &nbsp;&nbsp; 97529 |

---

\* No contracts were held at the end of the reporting period; amount represents the average month-end notional amount of contracts while they were held.

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

**Core Bond ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Futures | Interest | Unrealized appreciation\* | $121 | Unrealized depreciation\* | $4148 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 1 | Unrealized depreciation\* | 14 |
| Swap (centrally <br> cleared)<br>| Credit | Unrealized appreciation\* | 37 | Unrealized depreciation\* |  |
|  |  |  | $159 |  | $4162 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $10546 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $(219)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (2848)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 43 |
| Swap | Credit | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 661 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| (13)<br>|
|  |  |  | $8359 |  | $(189)<br>|

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| **301** | Capital Group Fixed Income ETF Trust |

---

------

**Core Plus Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Futures | Interest | Unrealized appreciation\* | $1906 | Unrealized depreciation\* | $5000 |
| Forward currency | Currency | &nbsp;&nbsp; Unrealized appreciation on open <br> forward currency contracts<br>| 17 | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on open <br> forward currency contracts<br>|  |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 9762 | Unrealized depreciation\* | 1873 |
|  |  |  | $11685 |  | $6873 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $6605 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $(4770)<br>|
| Forward currency | Currency | &nbsp;&nbsp; Net realized gain (loss) on forward <br> currency contracts<br>| (710)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) forward currency <br> contracts<br>| (147)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (64081)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 6866 |
| Swap | Credit | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 1539 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>|  |
|  |  |  | $(56647)<br>|  | $1949 |

---

**High Yield Bond ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Futures | Interest | Unrealized appreciation\* | $— | Unrealized depreciation\* | $6 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $— | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $(6)<br>|

---

**International Bond ETF (USD-Hedged)** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Futures | Interest | Unrealized appreciation\* | $116 | Unrealized depreciation\* | $133 |
| Forward currency | Currency | &nbsp;&nbsp; Unrealized appreciation on open <br> forward currency contracts<br>| 221 | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on open <br> forward currency contracts<br>| 628 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 48 | Unrealized depreciation\* | 34 |
| Swap (bilateral) | Interest | Bilateral swaps, at value | 13 | Bilateral swaps, at value | 48 |
| Swap (centrally <br> cleared)<br>| Credit | Unrealized appreciation\* | 22 | Unrealized depreciation\* |  |
|  |  |  | $420 |  | $843 |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **302** |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $271 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $(48)<br>|
| Forward currency | Currency | &nbsp;&nbsp; Net realized gain (loss) on forward <br> currency contracts<br>| (829)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) forward currency <br> contracts<br>| (1401)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (282)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 51 |
| Swap | Credit | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 46 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 25 |
|  |  |  | $(794)<br>|  | $(1373)<br>|

---

**Municipal Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Futures | Interest | Unrealized appreciation\* | $254 | Unrealized depreciation\* | $163 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $535 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $91 |
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 765 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| (774)<br>|
|  |  |  | $1300 |  | $(683)<br>|

---

**Municipal High-Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $405 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $— |

---

**Short Duration Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | $3749 | Unrealized depreciation\* | $— |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| **303** | Capital Group Fixed Income ETF Trust |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Options purchased <br> (equity style)<br>| Interest | &nbsp;&nbsp; Net realized gain (loss) on <br> investments<br>| $(165)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on investments<br>| $— |
| Options written <br> (equity style)<br>| Interest | &nbsp;&nbsp; Net realized gain (loss) on options <br> written<br>| 57 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on options written<br>|  |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| (644)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| (160)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (11593)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 894 |
|  |  |  | $(12345)<br>|  | $734 |

---

**Short Duration Municipal Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | $393 | Unrealized depreciation\* | $17 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $(138)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $— |
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (593)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 68 |
|  |  |  | $(731)<br>|  | $68 |

---

**Ultra Short Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | $38 | Unrealized depreciation\* | $— |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| $(15)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $(1)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (223)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 38 |
|  |  |  | $(238)<br>|  | $37 |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **304** |

---

------

**U.S. Multi-Sector Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Options purchased <br> (equity style)<br>| Interest | Investment securities | $475 | Investment securities | $— |
| Options written <br> (equity style)<br>| Interest | Options written, at value |  | Options written, at value | 251 |
| Futures | Interest | Unrealized appreciation\* | 1185 | Unrealized depreciation\* | 516 |
| Forward currency | Currency | &nbsp;&nbsp; Unrealized appreciation on open <br> forward currency contracts<br>| 35 | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on open <br> forward currency contracts<br>|  |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 19470 | Unrealized depreciation\* | 524 |
| Swap (centrally <br> cleared)<br>| Credit | Unrealized appreciation\* | 457 | Unrealized depreciation\* | 1 |
|  |  |  | $21622 |  | $1292 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Net realized gain (loss)** | **Net realized gain (loss)** | **Net unrealized appreciation (depreciation)** | **Net unrealized appreciation (depreciation)** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br> **operations**<br>| **Value** |
| Options purchased <br> (equity style)<br>| Interest | &nbsp;&nbsp; Net realized gain (loss) on <br> investments<br>| $188 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on investments<br>| $(284)<br>|
| Options written <br> (equity style)<br>| Interest | &nbsp;&nbsp; Net realized gain (loss) on options <br> written<br>| (630)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on options written<br>| 132 |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| 1923 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| 669 |
| Forward currency | Currency | &nbsp;&nbsp; Net realized gain (loss) on forward <br> currency contracts<br>| (383)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) forward currency <br> contracts<br>| (46)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (41660)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 3474 |
| Swap | Credit | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 3744 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 575 |
|  |  |  | $(36818)<br>|  | $4520 |

---

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

**Collateral** — Some funds either receive or pledge highly liquid assets, such as cash or U.S. government securities, as collateral due to their use of options contracts, futures contracts, forward currency contracts, interest rate swaps, credit default swaps and/or 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 forward currency contracts and bilateral swaps, the program calls for each participating fund to either receive or pledge collateral based on the net gain or loss on unsettled contracts by counterparty. For future delivery contracts, the program calls for each participating fund to either receive or pledge 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 each participating fund, if any, is disclosed in each fund's investment portfolio, and cash collateral pledged by each participating fund, if any, is held in a segregated account with the fund's custodian, which is reflected as pledged cash collateral in each fund's statement of assets and liabilities.

**Rights of offset** — Funds that hold forward currency contracts and/or bilateral interest rate swaps have enforceable master netting agreements with certain counterparties, where amounts payable by each party to the other in the same currency (with the same settlement date and with the same counterparty) are settled net of each party's payment obligation. If an early termination date occurs under these agreements following an event of default or termination event, all obligations of each party to its counterparty are settled net through a single payment in a single currency ("close-out netting"). For financial reporting purposes, the funds do not offset financial assets and financial liabilities that are subject to these master netting arrangements in the statements of assets and liabilities.

---

| | |
|:---|:---|
| **305** | Capital Group Fixed Income ETF Trust |

---

------

The following tables present each fund's forward currency contracts and bilateral interest rate swaps by counterparty that are subject to master netting agreements but that are not offset in the funds' statement of assets and liabilities. The net amount column shows the impact of offsetting on the funds' statement of assets and liabilities as of December 31, 2025, if close-out netting was exercised (dollars in thousands):

**Core Plus Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Gross amounts** <br>**recognized in the** <br>**statement of assets** <br>**and liabilities** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**amount** |
| **Counterparty** | **Gross amounts** <br>**recognized in the** <br>**statement of assets** <br>**and liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Available** <br>**to offset**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Non-cash** <br>**collateral\***<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Cash** <br>**collateral\***<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**amount** |
| Assets: |  |  |  |  |  |
| Citibank | &nbsp;&nbsp; $17 | &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; $17 |

---

**International Bond ETF (USD-Hedged)** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Gross amounts** <br>**recognized in the** <br>**statement of assets** <br>**and liabilities** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**amount** |
| **Counterparty** | **Gross amounts** <br>**recognized in the** <br>**statement of assets** <br>**and liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Available** <br>**to offset**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Non-cash** <br>**collateral\***<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Cash** <br>**collateral\***<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**amount** |
| Assets: |  |  |  |  |  |
| BNP Paribas | &nbsp;&nbsp; $1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| Citibank | &nbsp;&nbsp; 162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (87)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75 |
| Goldman Sachs | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank | &nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18 |
| JPMorgan Chase Bank | &nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Morgan Stanley | &nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Total | &nbsp;&nbsp; $234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(141)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $93 |
| Liabilities: |  |  |  |  |  |
| Bank of New York | &nbsp;&nbsp; $17 | &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; $17 |
| Barclays Bank PLC | &nbsp;&nbsp; 54 | &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; 54 |
| BNP Paribas | &nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40 |
| Citibank | &nbsp;&nbsp; 87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (87)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Goldman Sachs | &nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96 |
| HSBC Bank | &nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| JPMorgan Chase Bank | &nbsp;&nbsp; 117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117 |
| Morgan Stanley | &nbsp;&nbsp; 106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101 |
| Standard Chartered Bank | &nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34 |
| UBS AG | &nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (76)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Total | &nbsp;&nbsp; $676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(141)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(76)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $459 |

---

**U.S. Multi-Sector Income ETF** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Gross amounts** <br>**recognized in the** <br>**statement of assets** <br>**and liabilities** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | **Gross amounts not offset in the** <br>**statement of assets and liabilities and** <br>**subject to a master netting agreement** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**amount** |
| **Counterparty** | **Gross amounts** <br>**recognized in the** <br>**statement of assets** <br>**and liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Available** <br>**to offset**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Non-cash** <br>**collateral\***<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Cash** <br>**collateral\***<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net** <br>**amount** |
| Assets: |  |  |  |  |  |
| HSBC Bank | &nbsp;&nbsp; $35 | &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; $35 |

---

---

| | |
|:---|:---|
| \* | Collateral is shown on a settlement basis. |
| † | Amount less than one thousand. |

---

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **306** |

---

------

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

**6. Taxation and distributions**

------

**Federal income taxation** — Each 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 funds are 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 December 31, 2025, none of the funds had a liability for any unrecognized tax benefits. Each fund recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense in their respective statements of operations. During the year, none of the funds incurred any significant interest or penalties.

Each 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.

**Non-U.S. taxation** — Dividend and interest income, if any, are recorded net of non-U.S. taxes paid. The funds may file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. These reclaims are recorded when the amount is known and there are no significant uncertainties on collectability. Gains realized by the funds on the sale of securities in certain countries, if any, may be subject to non-U.S. taxes. The funds generally record an estimated deferred tax liability based on unrealized gains to provide for potential non-U.S. taxes payable upon the sale of these securities.

**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 currency gains and losses; short-term capital gains and losses; capital losses related to sales of certain securities within 30 days of purchase; cost of investments sold; paydowns on fixed-income securities; net capital losses; non-U.S. taxes on capital gains; 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 funds for financial reporting purposes. The funds may also designate a portion of the amount paid to redeeming shareholders as a distribution for tax purposes.

---

| | |
|:---|:---|
| **307** | Capital Group Fixed Income ETF Trust |

---

------

Additional tax basis disclosures for each fund as of December 31, 2025, were as follows (dollars in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Core** <br>**Bond** <br>**ETF**<br>| **Core Plus** <br>**Income** <br>**ETF**<br>| **High Yield** <br>**Bond** <br>**ETF**<br>| **International** <br>**Bond ETF** <br>**(USD-Hedged)**<br>| **Municipal** <br>**Income** <br>**ETF**<br>|
| Undistributed tax-exempt income | &nbsp;&nbsp; $— | $— | $— | $— | $5443 |
| Undistributed ordinary income | &nbsp;&nbsp; 812 | 2697 | — <br><sup>1</sup><br>|  | 61 |
| Late year ordinary loss deferral<sup>2</sup> <br>| &nbsp;&nbsp; — |  |  | 1516 |  |
| Undistributed long-term capital gains | &nbsp;&nbsp; — |  |  |  |  |
| Capital loss carryforward<sup>3</sup> <br>| &nbsp;&nbsp; (8486)<br>| (53805)<br>|  | (71)<br>| (2396)<br>|
| Capital loss carryforward utilized | &nbsp;&nbsp; 4427 |  |  |  |  |
| Gross unrealized appreciation on investments | &nbsp;&nbsp; 37797 | 107350 | 1013 | 3424 | 75525 |
| Gross unrealized depreciation on investments | &nbsp;&nbsp; (5884)<br>| (50171)<br>| (342)<br>| (1623)<br>| (7532)<br>|
| Net unrealized appreciation (depreciation) on investments | &nbsp;&nbsp; 31913 | 57179 | 671 | 1801 | 67993 |
| Cost of investments | &nbsp;&nbsp; 3634496 | 6645795 | 51643 | 146260 | 4718225 |
| Reclassification from (to) total distributable earnings/ <br>accumulated loss to (from) capital paid in on shares of <br>beneficial interest<br>| &nbsp;&nbsp; 10191 | 9193 |  |  | 866 |

---

<sup>1</sup> Amount less than one thousand.

<sup>2</sup> This deferral is considered incurred in the subsequent year.

<sup>3</sup> Each fund's capital loss carryforward will be used to offset any capital gains realized by the fund in future years. Funds with a capital loss carryforward will not make distributions from capital gains while a capital loss carryforward remains. 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Municipal** <br>**High-Income** <br>**ETF**<br>| **Short Duration** <br>**Income** <br>**ETF**<br>| **Short Duration** <br>**Municipal** <br> **Income** <br>**ETF**<br>| **Ultra Short** <br>**Income** <br>**ETF**<br>| **U.S.** <br> **Multi-Sector** <br>**Income** <br>**ETF**<br>|
| Undistributed tax-exempt income | &nbsp;&nbsp; $2145 | $— | $852 | $— | $— |
| Undistributed ordinary income | &nbsp;&nbsp; 2076 | 426 | 24 | 52 | 2358 |
| Late year ordinary loss deferral<sup>2</sup> <br>| &nbsp;&nbsp; — |  |  |  |  |
| Undistributed long-term capital gains | &nbsp;&nbsp; 374 |  | 88 |  |  |
| Capital loss carryforward<sup>3</sup> <br>| &nbsp;&nbsp; — | (836)<br>|  | (91)<br>| (3608)<br>|
| Capital loss carryforward utilized | &nbsp;&nbsp; 14 | 1781 | 69 |  |  |
| Gross unrealized appreciation on investments | &nbsp;&nbsp; 70502 | 22287 | 9910 | 402 | 93680 |
| Gross unrealized depreciation on investments | &nbsp;&nbsp; (3475)<br>| (1823)<br>| (202)<br>| (24)<br>| (47084)<br>|
| Net unrealized appreciation (depreciation) on investments | &nbsp;&nbsp; 67027 | 20464 | 9708 | 378 | 46596 |
| Cost of investments | &nbsp;&nbsp; 2387750 | 1891391 | 946342 | 186097 | 3860971 |
| Reclassification from (to) total distributable earnings/ <br>accumulated loss to (from) capital paid in on shares of <br>beneficial interest<br>| &nbsp;&nbsp; 1158 | 330 | 214 | 59 | 1678 |

---

<sup>2</sup> This deferral is considered incurred in the subsequent year.

<sup>3</sup> Each fund's capital loss carryforward will be used to offset any capital gains realized by the fund in future years. Funds with a capital loss carryforward will not make distributions from capital gains while a capital loss carryforward remains. 

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **308** |

---

------

Distributions paid by each fund were characterized for tax purposes as follows (dollars in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** |
| <br>**Fund** | **Ordinary** <br>**income**<br>| **Tax-exempt** <br>**income**<br>| **Long-term** <br>**capital gains**<br>| **Total** <br>**distributions** <br>**paid**<br>| **Ordinary** <br>**income**<br>| **Tax-exempt** <br>**income**<br>| **Long-term** <br>**capital gains**<br>| **Total** <br>**distributions** <br>**paid**<br>|
| Core Bond ETF | $113910 | $— | $— | $113910 | &nbsp;&nbsp; $33238 | $— | $— | $33238 |
| Core Plus <br>Income ETF<br>| 274566 |  |  | 274566 | &nbsp;&nbsp; 143463 |  |  | 143463 |
| High Yield Bond <br> ETF<br>| 1,608<br> \*<br>|  |  | 1,608<br> \*<br>|  |  |  |  |
| International <br> Bond ETF <br> (USD-Hedged)<br>| 2571 |  | 52 | 2623 | &nbsp;&nbsp; 738 <br><sup>†</sup><br>|  | 85 <br><sup>†</sup><br>| 823 <br><sup>†</sup><br>|
| Municipal <br>Income ETF<br>|  | 122400 |  | 122400 | &nbsp;&nbsp; — | 49415 |  | 49415 |
| Municipal <br> High-Income <br> ETF<br>|  | 39939 |  | 39939 | &nbsp;&nbsp; — | 1137 <br><sup>†</sup><br>|  | 1137 <br><sup>†</sup><br>|
| Short Duration <br>Income ETF<br>| 63573 |  |  | 63573 | &nbsp;&nbsp; 27757 |  |  | 27757 |
| Short Duration <br> Municipal <br> Income ETF<br>|  | 23144 |  | 23144 | &nbsp;&nbsp; — | 8036 |  | 8036 |
| Ultra Short <br> Income ETF<br>| 3379 |  | 4 | 3383 | &nbsp;&nbsp; 846 <br><sup>†</sup><br>|  | 11 <br><sup>†</sup><br>| 857 <br><sup>†</sup><br>|
| U.S. Multi-Sector <br>Income ETF<br>| 182781 |  |  | 182781 | &nbsp;&nbsp; 64695 |  |  | 64695 |

---

\* For the period June 24, 2025, commencement of operations, through December 31, 2025. <br> <sup>†</sup> For the period June 25, 2024, commencement of operations, through December 31, 2024.

**7. Fees and transactions**

------

CRMC, the funds' investment adviser, is the parent company of Capital Client Group, Inc. ("CCG"), the principal underwriter of the funds' shares. CRMC and CCG are considered related parties to the funds.

**Investment advisory services** – Each fund has an investment advisory and service agreement with CRMC that provides for monthly fees, accrued daily. These fees are based on an annual rate of daily net assets as follows:

---

| | |
|:---|:---|
| **Fund**  | **Annual rate**  |
| Core Bond ETF | 0.27<br> %<br>|
| Core Plus Income ETF | 0.34 |
| High Yield Bond ETF | 0.39 |
| International Bond ETF (USD-Hedged) | 0.45 |
| Municipal Income ETF | 0.27 |
| Municipal High-Income ETF | 0.34 |
| Short Duration Income ETF  | 0.25 |
| Short Duration Municipal Income ETF | 0.25 |
| Ultra Short Income ETF | 0.18 |
| U.S. Multi-Sector Income ETF | 0.39 |

---

Under the terms of the agreements, in addition to providing investment advisory services, the investment adviser and its affiliates provide certain administrative services to help assist third parties providing non-distribution services to the funds' shareholders. These services include providing in-depth information on each fund and market developments that impact each fund's investments. The agreement provides that the investment adviser will pay all ordinary operating expenses of each fund other than management fees, interest expenses, taxes, acquired fund fees and expenses, costs of holding shareholder meetings, legal fees and expenses relating to arbitration or litigation, payments under each fund's plan of distribution (if any) and other non-routine or extraordinary expenses. Additionally, each fund will be responsible for its non-operating expenses, including brokerage commissions and fees and expenses associated with the fund's securities lending program, if applicable.

---

| | |
|:---|:---|
| **309** | Capital Group Fixed Income ETF Trust |

---

------

**Transfer agency and administration services** – Each fund has entered into a transfer agency and service agreement and an administration agreement with State Street Bank and Trust Company ("State Street"). Under the terms of the transfer agency agreement, State Street (or an agent, including an affiliate) acts as transfer agent and dividend disbursing agent for each fund. Under the terms of the administration agreement, State Street provides necessary administrative, legal, tax and accounting, regulatory and financial reporting services for the maintenance and operations of each fund. The investment adviser bears the costs of services under these agreements.

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

**Investment in CCF** — Each 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 each fund's short-term investments. CCF shares are only available for purchase by CRMC, its affiliates, and other funds managed by CRMC. CCF shares are not available to the public. CRMC does not receive an investment advisory services fee from CCF.

**Security transactions with related funds** — Each fund may purchase from, or sell securities to, other CRMC-managed funds (or funds managed by certain affiliates of CRMC) under procedures adopted by each 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. The following table presents purchase and sale transactions between each fund and related funds, and net realized gain or loss from such sales, if any, as of December 31, 2025 (dollars in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | **Purchases** | **Sales** | &nbsp;&nbsp;&nbsp; **Net** <br>**realized** <br>**gain (loss)**<br>|
| Municipal Income ETF | &nbsp;&nbsp; $10155 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $—<br>|
| Municipal High-Income ETF | &nbsp;&nbsp; 1597803 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —<br>|
| Short Duration Municipal Income ETF | &nbsp;&nbsp; 5689 | &nbsp;&nbsp;&nbsp;&nbsp; 2477 | &nbsp;&nbsp;&nbsp;&nbsp; (98) <br>|

---

**Interfund lending** — Pursuant to an exemptive order issued by the SEC, the funds, 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. None of the funds lent or borrowed cash through the interfund lending program at any time during the year ended December 31, 2025.

**8. Indemnifications**

------

Each 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, each fund may also enter into contracts that provide general indemnifications. Each fund's maximum exposure under these arrangements is unknown since it is dependent on future claims that may be made against each fund. The risk of material loss from such claims is considered remote. Insurance policies are also available to each fund's board members and officers.

**9. Capital share transactions**

------

Each fund issues and redeems shares at NAV only with certain authorized participants in large increments known as creation units. Purchases of creation units are made by tendering a basket of designated securities and cash to a fund, and redemption proceeds are paid with a basket of securities from a fund's portfolio with a balancing cash component to equate the market value of the basket of securities delivered or redeemed to the NAV per creation unit on the transaction date. The funds may issue creation units to authorized participants in advance of the delivery and settlement of all or a portion of the designated securities. When this occurs, the authorized participant provides cash collateral in an amount equal to 105% of the daily marked to market value of the securities that have not yet been delivered to the fund. Cash may be substituted equivalent to the value of certain securities generally when they are not available in sufficient quantity for delivery. Realized gains or losses resulting from redemptions of shares in-kind, if any, are reflected separately in each fund's statement of operations.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **310** |

---

------

Each fund's shares are available in smaller increments to investors in the secondary market at market prices and may be subject to commissions. Authorized participants pay a transaction fee to the shareholder servicing agent when purchasing and redeeming creation units of a fund. The transaction fee is used to defray the costs associated with the issuance and redemption of creation units. In addition, for cash creation unit transactions, a variable fee for creation transactions and redemption transactions may be charged to the authorized participant to cover certain brokerage, tax, foreign exchange, execution, market impact and other costs and expenses related to the execution of trades. Variable fees, if any, are included in capital share transactions in each fund's statement of changes in net assets.

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

**Core Bond ETF** 

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| $2646065 | 100560 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(633210)<br>| (24000)<br>| &nbsp;&nbsp;&nbsp; $2012855 | 76560 |
| **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** |
| $1523500 | 58080 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(11366)<br>| (420)<br>| &nbsp;&nbsp;&nbsp; $1512134 | 57660 |

---

**Core Plus Income ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| $2630079 | 116760 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(210670)<br>| (9300)<br>| &nbsp;&nbsp;&nbsp; $2419409 | 107460 |
| **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** |
| $2572239 | 113820 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(74594)<br>| (3240)<br>| &nbsp;&nbsp;&nbsp; $2497645 | 110580 |

---

**High Yield Bond ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **For the period June 24, 2025\*, through December 31, 2025** | **For the period June 24, 2025\*, through December 31, 2025** | **For the period June 24, 2025\*, through December 31, 2025** | **For the period June 24, 2025\*, through December 31, 2025** | **For the period June 24, 2025\*, through December 31, 2025** | **For the period June 24, 2025\*, through December 31, 2025** | **For the period June 24, 2025\*, through December 31, 2025** | **For the period June 24, 2025\*, through December 31, 2025** |
| &nbsp;&nbsp; $52527 | &nbsp;&nbsp; 2100 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $52527 | &nbsp;&nbsp; 2100 |

---

**International Bond ETF (USD-Hedged)** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| &nbsp;&nbsp; $100740 | &nbsp;&nbsp; 3960 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $100740 | &nbsp;&nbsp; 3960 |
| **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** |
| &nbsp;&nbsp; $49500 | &nbsp;&nbsp; 1980 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $49500 | &nbsp;&nbsp; 1980 |

---

**Municipal Income ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| $2111536 | 78300 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(49567)<br>| (1860)<br>| &nbsp;&nbsp;&nbsp; $2061969 | 76440 |
| **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** |
| $2213972 | 81780 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(47401)<br>| (1740)<br>| &nbsp;&nbsp;&nbsp; $2166571 | 80040 |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| **311** | Capital Group Fixed Income ETF Trust |

---

------

**Municipal High-Income ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| $2360619 | 95800 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(35328)<br>| (1400)<br>| &nbsp;&nbsp;&nbsp; $2325291 | 94400 |
| **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** |
| $87344 | 3450 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(2549)<br>| (100)<br>| &nbsp;&nbsp;&nbsp; $84795 | 3350 |

---

**Short Duration Income ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| $1003883 | 38760 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(23203)<br>| (900)<br>| &nbsp;&nbsp;&nbsp; $980680 | 37860 |
| **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** |
| $559137 | 21840 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(20149)<br>| (780)<br>| &nbsp;&nbsp;&nbsp; $538988 | 21060 |

---

**Short Duration Municipal Income ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| &nbsp;&nbsp; $400782 | &nbsp;&nbsp; 15300 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(11050)<br>| &nbsp;&nbsp; (420)<br>| &nbsp;&nbsp;&nbsp; $389732 | &nbsp;&nbsp; 14880 |
| **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** |
| &nbsp;&nbsp; $514066 | &nbsp;&nbsp; 19800 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(6226)<br>| &nbsp;&nbsp; (240)<br>| &nbsp;&nbsp;&nbsp; $507840 | &nbsp;&nbsp; 19560 |

---

**Ultra Short Income ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| &nbsp;&nbsp; $194069 | &nbsp;&nbsp; 7680 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(42378)<br>| &nbsp;&nbsp; (1680)<br>| &nbsp;&nbsp;&nbsp; $151691 | &nbsp;&nbsp; 6000 |
| **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** | **For the period June 25, 2024\*, through December 31, 2024** |
| &nbsp;&nbsp; $34531 | &nbsp;&nbsp; 1380 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $34531 | &nbsp;&nbsp; 1380 |

---

**U.S. Multi-Sector Income ETF** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sales** | <br>**Sales** | **Reinvestments of** <br>**distributions**  | **Reinvestments of** <br>**distributions**  | **Repurchases** | **Repurchases** | **Net increase (decrease)** | **Net increase (decrease)** |
| **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** | **Year ended December 31, 2025** |
| $2001585 | 72660 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(58752)<br>| (2160)<br>| &nbsp;&nbsp;&nbsp; $1942833 | 70500 |
| **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** | **Year ended December 31, 2024** |
| $1575085 | 57600 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $1575085 | 57600 |

---

\* Commencement of operations.

---

| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **312** |

---

------

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

**10. Investment transactions and other disclosures**

------

The following table presents purchases and sales of investments, excluding in-kind transactions, short-term securities and U.S. government obligations, if any, during the year ended December 31, 2025 (dollars in thousands):

---

| | | |
|:---|:---|:---|
| **Fund** | **Purchases** | **Sales** |
| Core Bond ETF | &nbsp;&nbsp; $659681 | &nbsp;&nbsp;&nbsp;&nbsp; $265479 |
| Core Plus Income ETF | &nbsp;&nbsp; 1585803 | &nbsp;&nbsp;&nbsp;&nbsp; 753656 |
| High Yield Bond ETF | &nbsp;&nbsp; 22520 | &nbsp;&nbsp;&nbsp;&nbsp; 16755 |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 177591 | &nbsp;&nbsp;&nbsp;&nbsp; 95174 |
| Municipal Income ETF | &nbsp;&nbsp; 2326564 | &nbsp;&nbsp;&nbsp;&nbsp; 873627 |
| Municipal High-Income ETF | &nbsp;&nbsp; 2363839 | &nbsp;&nbsp;&nbsp;&nbsp; 136327 |
| Short Duration Income ETF  | &nbsp;&nbsp; 694577 | &nbsp;&nbsp;&nbsp;&nbsp; 314929 |
| Short Duration Municipal Income ETF | &nbsp;&nbsp; 680267 | &nbsp;&nbsp;&nbsp;&nbsp; 355622 |
| Ultra Short Income ETF | &nbsp;&nbsp; 86083 | &nbsp;&nbsp;&nbsp;&nbsp; 37244 |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 1511202 | &nbsp;&nbsp;&nbsp;&nbsp; 958512 |

---

The following table presents the value of securities received and delivered in-kind from the authorized participants to support creation and redemption transactions, if any, during the year ended December 31, 2025 (dollars in thousands):

---

| | | |
|:---|:---|:---|
| **Fund**  | **In-kind creations** | **In-kind redemptions** |
| Core Bond ETF | &nbsp;&nbsp; $1257825 | &nbsp;&nbsp;&nbsp;&nbsp; $623351 |
| Core Plus Income ETF | &nbsp;&nbsp; 1859099 | &nbsp;&nbsp;&nbsp;&nbsp; 205586 |
| High Yield Bond ETF | &nbsp;&nbsp; 41706 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 13328 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Municipal Income ETF | &nbsp;&nbsp; 306939 | &nbsp;&nbsp;&nbsp;&nbsp; 18445 |
| Municipal High-Income ETF | &nbsp;&nbsp; 1026 | &nbsp;&nbsp;&nbsp;&nbsp; 30736 |
| Short Duration Income ETF  | &nbsp;&nbsp; 445085 | &nbsp;&nbsp;&nbsp;&nbsp; 22954 |
| Short Duration Municipal Income ETF | &nbsp;&nbsp; 29508 | &nbsp;&nbsp;&nbsp;&nbsp; 6293 |
| Ultra Short Income ETF | &nbsp;&nbsp; 96169 | &nbsp;&nbsp;&nbsp;&nbsp; 20822 |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 1245093 | &nbsp;&nbsp;&nbsp;&nbsp; 53640 |

---

The following table presents additional information for each fund for the year ended December 31, 2025 (dollars in thousands):

---

| | | |
|:---|:---|:---|
| **Fund** | **Non-U.S. taxes** <br> **paid on** <br>**interest income**<br>| &nbsp;&nbsp; **Non-U.S. taxes** <br>**paid on** <br>**realized gains**<br>|
| Core Bond ETF | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— |
| Core Plus Income ETF | &nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp; — |
| High Yield Bond ETF | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp; 4 |
| Municipal Income ETF | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Municipal High-Income ETF | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Short Duration Income ETF  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Short Duration Municipal Income ETF | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Ultra Short Income ETF | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; — |

---

**11. Ownership Concentration**

------

At December 31, 2025, American Funds Portfolio Series — Tax-Aware Conservative Growth and Income Portfolio held 61%, 26% and 23% of the outstanding shares of Capital Group Municipal High-Income ETF, Capital Group Municipal Income ETF and Capital Group Short Duration Municipal Income ETF, respectively. In addition, American Funds Portfolio Series — Tax-Exempt Preservation Portfolio held 12% of the outstanding shares of Capital Group Short Duration Municipal Income ETF. Furthermore, Capital Group Core Balanced ETF held 17% and 14% of the outstanding shares of Capital Group Core Bond ETF and Capital Group Core Plus Income ETF, respectively.

---

| | |
|:---|:---|
| **313** | Capital Group Fixed Income ETF Trust |

---

------

Financial highlights

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income (loss) from** <br>**investment operations**<sup>1</sup> | **Income (loss) from** <br>**investment operations**<sup>1</sup> | **Income (loss) from** <br>**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, end** <br>**of year**<br>| <br>**Total return** | <br>**Net assets,** <br>**end of** <br>**year** <br>**(in millions)**<br>| <br>**Ratio of** <br>**expenses to** <br>**average net** <br>**assets**<sup>2</sup> <br>| <br>**Ratio of** <br>**net income** <br>**(loss) to** <br>**average net** <br>**assets**<br>|
| **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** | **Core Bond ETF** |
| 12/31/2025 | $25.76 | &nbsp;&nbsp; $1.24 | &nbsp;&nbsp; $.62 | &nbsp;&nbsp; $1.86 | &nbsp;&nbsp; $(1.12)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(1.12)<br>| &nbsp;&nbsp; $26.50 | 7.33<br> %<br>| &nbsp;&nbsp; $3654 | &nbsp;&nbsp; .27<br> %<br>| 4.72<br> %<br>|
| 12/31/2024 | 26.38 | 1.24 | &nbsp;&nbsp; (.83)<br>| &nbsp;&nbsp; .41 | &nbsp;&nbsp; (1.03)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1.03)<br>| 25.76 | 1.58 | &nbsp;&nbsp; 1579 | &nbsp;&nbsp; .27 | 4.76 |
| 12/31/2023<sup>3,4</sup> <br>| 25.00 | &nbsp;&nbsp; .45 | 1.18 | 1.63 | &nbsp;&nbsp; (.25)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.25)<br>| 26.38 | 6.56 <br><sup>5</sup><br>| &nbsp;&nbsp; 97 | &nbsp;&nbsp; .27 <br><sup>6</sup><br>| 6.77 <br><sup>6</sup><br>|
| **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** | **Core Plus Income ETF** |
| 12/31/2025 | $22.18 | &nbsp;&nbsp; $1.44 | &nbsp;&nbsp; $.18 | &nbsp;&nbsp; $1.62 | &nbsp;&nbsp; $(1.16)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(1.16)<br>| &nbsp;&nbsp; $22.64 | 7.44<br> %<br>| &nbsp;&nbsp; $6501 | &nbsp;&nbsp; .34<br> %<br>| 6.40<br> %<br>|
| 12/31/2024 | 22.66 | 1.55 | &nbsp;&nbsp; (.88)<br>| &nbsp;&nbsp; .67 | &nbsp;&nbsp; (1.15)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1.15)<br>| 22.18 | 3.01 | &nbsp;&nbsp; 3985 | &nbsp;&nbsp; .34 | 6.91 |
| 12/31/2023 | 22.23 | 1.55 | &nbsp;&nbsp; .01 | 1.56 | &nbsp;&nbsp; (1.13)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1.13)<br>| 22.66 | 7.25 | &nbsp;&nbsp; 1565 | &nbsp;&nbsp; .34 | 7.04 |
| 12/31/2022<sup>3,7</sup> <br>| 25.30 | &nbsp;&nbsp; .83 | &nbsp;&nbsp; (3.24)<br>| &nbsp;&nbsp; (2.41)<br>| &nbsp;&nbsp; (.66)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.66)<br>| 22.23 | &nbsp;&nbsp; (9.59 )<sup>5</sup><br>| &nbsp;&nbsp; 455 | &nbsp;&nbsp; .34 <br><sup>6</sup><br>| 4.24 <br><sup>6</sup><br>|
| **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** | **High Yield Bond ETF** |
| 12/31/2025<sup>3,8</sup> <br>| $25.00 | &nbsp;&nbsp; $.78 | &nbsp;&nbsp; $.32 | &nbsp;&nbsp; $1.10 | &nbsp;&nbsp; $(.78)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.78)<br>| &nbsp;&nbsp; $25.32 | 4.46 %<sup>5</sup><br>| &nbsp;&nbsp; $53 | &nbsp;&nbsp; .39 %<sup>6</sup><br>| 5.88 %<sup>6</sup><br>|
| **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** | **International Bond ETF (USD-Hedged)** |
| 12/31/2025 | $25.28 | &nbsp;&nbsp; $1.02 | &nbsp;&nbsp; $.11 | &nbsp;&nbsp; $1.13 | &nbsp;&nbsp; $(1.00)<br>| &nbsp;&nbsp; $(.08)<br>| &nbsp;&nbsp; $(1.08)<br>| &nbsp;&nbsp; $25.33 | 4.53<br> %<br>| &nbsp;&nbsp; $150 | &nbsp;&nbsp; .45<br> %<br>| 4.03<br> %<br>|
| 12/31/2024<sup>3,9</sup> <br>| 25.00 | &nbsp;&nbsp; .46 | &nbsp;&nbsp; .23 | &nbsp;&nbsp; .69 | &nbsp;&nbsp; (.37)<br>| &nbsp;&nbsp; (.04)<br>| &nbsp;&nbsp; (.41)<br>| 25.28 | 2.79 <br><sup>5</sup><br>| &nbsp;&nbsp; 50 | &nbsp;&nbsp; .45 <br><sup>6</sup><br>| 3.52 <br><sup>5</sup><br>|
| **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** | **Municipal Income ETF** |
| 12/31/2025 | $26.88 | &nbsp;&nbsp; $.96 | &nbsp;&nbsp; $.42 | &nbsp;&nbsp; $1.38 | &nbsp;&nbsp; $(.91)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.91)<br>| &nbsp;&nbsp; $27.35 | 5.23<br> %<br>| &nbsp;&nbsp; $4803 | &nbsp;&nbsp; .27<br> %<br>| 3.57<br> %<br>|
| 12/31/2024 | 27.00 | &nbsp;&nbsp; .99 | &nbsp;&nbsp; (.25)<br>| &nbsp;&nbsp; .74 | &nbsp;&nbsp; (.86)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.86)<br>| 26.88 | 2.80 | &nbsp;&nbsp; 2666 | &nbsp;&nbsp; .27 | 3.66 |
| 12/31/2023 | 26.11 | &nbsp;&nbsp; .98 | &nbsp;&nbsp; .75 | 1.73 | &nbsp;&nbsp; (.84)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.84)<br>| 27.00 | 6.78 | &nbsp;&nbsp; 517 | &nbsp;&nbsp; .27 | 3.75 |
| 12/31/2022<sup>3,10</sup> <br>| 25.00 | &nbsp;&nbsp; .17 | 1.07 | 1.24 | &nbsp;&nbsp; (.13)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.13)<br>| 26.11 | 4.92 <br><sup>5</sup><br>| &nbsp;&nbsp; 74 | &nbsp;&nbsp; .05 <br><sup>5</sup><br>| &nbsp;&nbsp; .67 <br><sup>5</sup><br>|
| **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** | **Municipal High-Income ETF** |
| 12/31/2025 | $25.24 | &nbsp;&nbsp; $1.12 | &nbsp;&nbsp; $(.04)<br>| &nbsp;&nbsp; $1.08 | &nbsp;&nbsp; $(.92)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.92)<br>| &nbsp;&nbsp; $25.40 | 4.40<br> %<br>| &nbsp;&nbsp; $2483 | &nbsp;&nbsp; .34<br> %<br>| 4.46<br> %<br>|
| 12/31/2024<sup>3,9</sup> <br>| 25.00 | &nbsp;&nbsp; .54 | &nbsp;&nbsp; .15 | &nbsp;&nbsp; .69 | &nbsp;&nbsp; (.45)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.45)<br>| 25.24 | 2.76 <br><sup>5</sup><br>| &nbsp;&nbsp; 85 | &nbsp;&nbsp; .34 <br><sup>6</sup><br>| 4.11 <br><sup>5</sup><br>|
| **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  | **Short Duration Income ETF**  |
| 12/31/2025 | $25.61 | &nbsp;&nbsp; $1.46 | &nbsp;&nbsp; $.10 | &nbsp;&nbsp; $1.56 | &nbsp;&nbsp; $(1.17)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(1.17)<br>| &nbsp;&nbsp; $26.00 | 6.20<br> %<br>| &nbsp;&nbsp; $1872 | &nbsp;&nbsp; .25<br> %<br>| 5.63<br> %<br>|
| 12/31/2024 | 25.41 | 1.69 | &nbsp;&nbsp; (.32)<br>| 1.37 | &nbsp;&nbsp; (1.17)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1.17)<br>| 25.61 | 5.51 | &nbsp;&nbsp; 874 | &nbsp;&nbsp; .25 | 6.64 |
| 12/31/2023 | 25.27 | 1.37 | &nbsp;&nbsp; (.10)<br>| 1.27 | &nbsp;&nbsp; (1.13)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1.13)<br>| 25.41 | 5.14 | &nbsp;&nbsp; 332 | &nbsp;&nbsp; .25 | 5.45 |
| 12/31/2022<sup>3,10</sup> <br>| 25.00 | &nbsp;&nbsp; .22 | &nbsp;&nbsp; .21 | &nbsp;&nbsp; .43 | &nbsp;&nbsp; (.16)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.16)<br>| 25.27 | 1.73 <br><sup>5</sup><br>| &nbsp;&nbsp; 89 | &nbsp;&nbsp; .05 <br><sup>5</sup><br>| &nbsp;&nbsp; .87 <br><sup>5</sup><br>|
| **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** | **Short Duration Municipal Income ETF** |
| 12/31/2025 | $25.93 | &nbsp;&nbsp; $.87 | &nbsp;&nbsp; $.32 | &nbsp;&nbsp; $1.19 | &nbsp;&nbsp; $(.80)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.80)<br>| &nbsp;&nbsp; $26.32 | 4.67<br> %<br>| &nbsp;&nbsp; $954 | &nbsp;&nbsp; .25<br> %<br>| 3.34<br> %<br>|
| 12/31/2024 | 25.78 | &nbsp;&nbsp; .91 | &nbsp;&nbsp; .05 | &nbsp;&nbsp; .96 | &nbsp;&nbsp; (.81)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.81)<br>| 25.93 | 3.77 | &nbsp;&nbsp; 554 | &nbsp;&nbsp; .25 | 3.51 |
| 12/31/2023<sup>3,4</sup> <br>| 25.00 | &nbsp;&nbsp; .24 | &nbsp;&nbsp; .76 | 1.00 | &nbsp;&nbsp; (.22)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.22)<br>| 25.78 | 4.00 <br><sup>5</sup><br>| &nbsp;&nbsp; 46 | &nbsp;&nbsp; .25 <br><sup>6</sup><br>| 3.62 <br><sup>6</sup><br>|
| **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** | **Ultra Short Income ETF** |
| 12/31/2025 | $25.12 | &nbsp;&nbsp; $1.16 | &nbsp;&nbsp; $.06 | &nbsp;&nbsp; $1.22 | &nbsp;&nbsp; $(1.04)<br>| &nbsp;&nbsp; $(.01)<br>| &nbsp;&nbsp; $(1.05)<br>| &nbsp;&nbsp; $25.29 | 4.97<br> %<br>| &nbsp;&nbsp; $187 | &nbsp;&nbsp; .18<br> %<br>| 4.62<br> %<br>|
| 12/31/2024<sup>3,9</sup> <br>| 25.00 | &nbsp;&nbsp; .65 | &nbsp;&nbsp; .13 | &nbsp;&nbsp; .78 | &nbsp;&nbsp; (.63)<br>| &nbsp;&nbsp; (.03)<br>| &nbsp;&nbsp; (.66)<br>| 25.12 | 3.14 <br><sup>5</sup><br>| &nbsp;&nbsp; 35 | &nbsp;&nbsp; .18 <br><sup>6</sup><br>| 5.01 <br><sup>5</sup><br>|
| **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** | **U.S. Multi-Sector Income ETF** |
| 12/31/2025 | $27.21 | &nbsp;&nbsp; $2.04 | &nbsp;&nbsp; $.05 | &nbsp;&nbsp; $2.09 | &nbsp;&nbsp; $(1.66)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(1.66)<br>| &nbsp;&nbsp; $27.64 | 7.88<br> %<br>| &nbsp;&nbsp; $3930 | &nbsp;&nbsp; .39<br> %<br>| 7.42<br> %<br>|
| 12/31/2024 | 26.91 | 2.07 | &nbsp;&nbsp; (.16)<br>| 1.91 | &nbsp;&nbsp; (1.61)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1.61)<br>| 27.21 | 7.29 | &nbsp;&nbsp; 1951 | &nbsp;&nbsp; .39 | 7.63 |
| 12/31/2023 | 25.66 | 2.05 | &nbsp;&nbsp; .78 | 2.83 | &nbsp;&nbsp; (1.58)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (1.58)<br>| 26.91 | 11.39 | &nbsp;&nbsp; 379 | &nbsp;&nbsp; .39 | 7.91 |
| 12/31/2022<sup>3,10</sup> <br>| 25.00 | &nbsp;&nbsp; .29 | &nbsp;&nbsp; .62 | &nbsp;&nbsp; .91 | &nbsp;&nbsp; (.25)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (.25)<br>| 25.66 | 3.63 <br><sup>5</sup><br>| &nbsp;&nbsp; 71 | &nbsp;&nbsp; .07 <br><sup>5</sup><br>| 1.13 <br><sup>5</sup><br>|

---

Refer to the end of the table(s) for footnote(s).

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **314** |

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Financial highlights (continued)

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| | | | |
|:---|:---|:---|:---|
| **Portfolio turnover rate excluding** <br>**mortgage dollar roll transactions**<sup>11,12,13</sup><br>| **Year ended** <br>**December 31, 2025**<br>| &nbsp;&nbsp;&nbsp; **Year ended** <br>**December 31, 2024**<br>| &nbsp;&nbsp;&nbsp; **Year ended** <br>**December 31, 2023**<br>|
| Core Bond ETF | &nbsp;&nbsp; 57<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 125<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 13 %<sup>4</sup><br>|
| Core Plus Income ETF | &nbsp;&nbsp; 104 | &nbsp;&nbsp;&nbsp;&nbsp; 83 | &nbsp;&nbsp;&nbsp;&nbsp; 76<br>&nbsp;&nbsp;&nbsp;&nbsp; 172 %<sup>7</sup><br>|
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 154 | &nbsp;&nbsp;&nbsp;&nbsp; 118 <br><sup>59</sup><br>|  |
| Short Duration Income ETF  | &nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp;&nbsp; 56<br>&nbsp;&nbsp;&nbsp;&nbsp; 1 <br><sup>10</sup><br>|
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 43<br>&nbsp;&nbsp;&nbsp;&nbsp; 6 <br><sup>10</sup><br>|

---

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| | | | |
|:---|:---|:---|:---|
| **Portfolio turnover rate including** <br>**mortgage dollar roll transactions, if** <br> **any**<sup>11,12,13</sup><br>| **Year ended** <br>**December 31, 2025**<br>| &nbsp;&nbsp;&nbsp; **Year ended** <br>**December 31, 2024**<br>| &nbsp;&nbsp;&nbsp; **Year ended** <br>**December 31, 2023**<br>|
| Core Bond ETF | &nbsp;&nbsp; 87<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 354<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 26 %<sup>4</sup><br>|
| Core Plus Income ETF | &nbsp;&nbsp; 299 | &nbsp;&nbsp;&nbsp;&nbsp; 420 | &nbsp;&nbsp;&nbsp;&nbsp; 581<br>&nbsp;&nbsp;&nbsp;&nbsp; 446 %<sup>7</sup><br>|
| High Yield Bond ETF | &nbsp;&nbsp; 36 <br><sup>58</sup><br>|  |  |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 188 | &nbsp;&nbsp;&nbsp;&nbsp; 185 <br><sup>59</sup><br>|  |
| Municipal Income ETF | &nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 19<br>&nbsp;&nbsp;&nbsp;&nbsp; 1 <br><sup>10</sup><br>|
| Municipal High-Income ETF | &nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp; 25 <br><sup>59</sup><br>|  |
| Short Duration Income ETF  | &nbsp;&nbsp; 128 | &nbsp;&nbsp;&nbsp;&nbsp; 192 | &nbsp;&nbsp;&nbsp;&nbsp; 203<br>&nbsp;&nbsp;&nbsp;&nbsp; 55 <br><sup>10</sup><br>|
| Short Duration Municipal Income ETF | &nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 37 <br><sup>4</sup><br>|
| Ultra Short Income ETF | &nbsp;&nbsp; 90 | &nbsp;&nbsp;&nbsp;&nbsp; 26 <br><sup>59</sup><br>|  |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp; 43<br>&nbsp;&nbsp;&nbsp;&nbsp; 6 <br><sup>10</sup><br>|

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<sup>1</sup> Based on average shares outstanding.

<sup>2</sup> Ratios do not include expenses of any Central Funds. Each fund indirectly bears its proportionate share of the expenses of any Central Funds.

<sup>3</sup> Based on operations for a period that is less than a full year.

<sup>4</sup> For the period September 26, 2023, commencement of operations, through December 31, 2023.

<sup>5</sup> Not annualized.

<sup>6</sup> Annualized.

<sup>7</sup> For the period February 22, 2022, commencement of operations, through December 31, 2022.

<sup>8</sup> For the period June 24, 2025, commencement of operations, through December 31, 2025.

<sup>9</sup> For the period June 25, 2024, commencement of operations, through December 31, 2024.

<sup>10</sup> For the period October 25, 2022, commencement of operations, through December 31, 2022.

<sup>11</sup> Rates do not include each fund's portfolio activity with respect to any Central Funds.

<sup>12</sup> Rates exclude in-kind transactions, if any.

<sup>13</sup> Refer to Note 5 for more information on mortgage dollar rolls.

Refer to the notes to financial statements.

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| | |
|:---|:---|
| **315** | Capital Group Fixed Income ETF Trust |

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Report of Independent Registered Public Accounting Firm

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To the Board of Trustees of Capital Group Fixed Income ETF Trust and Shareholders of Capital Group Core Bond ETF, Capital Group Core Plus Income ETF, Capital Group High Yield Bond ETF, Capital Group International Bond ETF (USD-Hedged), Capital Group Municipal Income ETF, Capital Group Municipal High-Income ETF, Capital Group Short Duration Income ETF, Capital Group Short Duration Municipal Income ETF, Capital Group Ultra Short Income ETF and Capital Group U.S. Multi-Sector Income ETF

***Opinions on the Financial Statements***

We have audited the accompanying statements of assets and liabilities, including the investment portfolios, of each of the funds listed in the table below (constituting Capital Group Fixed Income ETF Trust, hereafter collectively referred to as the "Funds") as of December 31, 2025, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds listed in the table below as of December 31, 2025, the results of each of their operations, the changes in each of their net assets, and each of the financial highlights for each of the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.

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| | | | |
|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp; **Statement of** <br>**operations**<br>| &nbsp;&nbsp; **Statement of changes** <br>**in net assets**<br>| &nbsp;&nbsp; **Financial** <br>**highlights**<br>|
| Capital Group Core Plus Income ETF | &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and 2024 | &nbsp;&nbsp; For the years ended <br> December 31, 2025, 2024 <br> and 2023, and the period <br> February 22, 2022 <br> (commencement of <br> operations) through <br> December 31, 2022<br>|
| Capital Group Municipal Income ETF | &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and 2024 | &nbsp;&nbsp; For the years ended <br> December 31, 2025, 2024 <br> and 2023, and the period <br> October 25, 2022 <br> (commencement of <br> operations) through <br> December 31, 2022 |
| Capital Group U.S. Multi-Sector Income ETF | &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and 2024 | &nbsp;&nbsp; For the years ended <br> December 31, 2025, 2024 <br> and 2023, and the period <br> October 25, 2022 <br> (commencement of <br> operations) through <br> December 31, 2022 |
| Capital Group Short Duration Income ETF | &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and 2024 | &nbsp;&nbsp; For the years ended <br> December 31, 2025, 2024 <br> and 2023, and the period <br> October 25, 2022 <br> (commencement of <br> operations) through <br> December 31, 2022 |
| Capital Group Core Bond ETF | &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and 2024 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and <br> 2024, and the period <br> September 26, 2023 <br> (commencement of <br> operations) through <br> December 31, 2023 |
| Capital Group Short Duration Municipal <br> Income ETF<br>| &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and 2024 | &nbsp;&nbsp; For the years ended <br> December 31, 2025 and <br> 2024, and the period <br> September 26, 2023 <br> (commencement of <br> operations) through <br> December 31, 2023 |
| Capital Group Ultra Short Income ETF | &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the year ended December 31, 2025 and the period June 25, <br> 2024 (commencement of operations) through December 31, <br> 2024 | &nbsp;&nbsp; For the year ended December 31, 2025 and the period June 25, <br> 2024 (commencement of operations) through December 31, <br> 2024 |
| Capital Group International Bond ETF <br> (USD-Hedged)<br>| &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the year ended December 31, 2025 and the period June 25, <br> 2024 (commencement of operations) through December 31, <br> 2024 | &nbsp;&nbsp; For the year ended December 31, 2025 and the period June 25, <br> 2024 (commencement of operations) through December 31, <br> 2024 |
| Capital Group Municipal High-Income ETF | &nbsp;&nbsp; For the year ended <br> December 31, 2025 | &nbsp;&nbsp; For the year ended December 31, 2025 and the period June 25, <br> 2024 (commencement of operations) through December 31, <br> 2024 | &nbsp;&nbsp; For the year ended December 31, 2025 and the period June 25, <br> 2024 (commencement of operations) through December 31, <br> 2024 |
| Capital Group High Yield Bond ETF | For the period June 24, 2025 (commencement of operations) through December 31, 2025. | For the period June 24, 2025 (commencement of operations) through December 31, 2025. | For the period June 24, 2025 (commencement of operations) through December 31, 2025. |

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***Basis for Opinions***

These financial statements are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements 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 Funds 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 of these financial statements 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 are free of material misstatement, whether due to error or fraud.

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **316** |

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------

Report of Independent Registered Public Accounting Firm

------

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, 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. 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. Our procedures included confirmation of securities owned as of December 31, 2025 by correspondence with the custodian, transfer agent 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 opinions.

/s/ PricewaterhouseCoopers LLP

Los Angeles, California

February 13, 2026

We have served as the auditor of one or more investment companies in The Capital Group group of investment companies since 1934.

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| | |
|:---|:---|
| **317** | Capital Group Fixed Income ETF Trust |

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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. Each fund hereby designates the following amounts for the funds' fiscal year ended December 31, 2025:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Capital Group** <br>**Core Bond** <br>**ETF**<br>| **Capital Group** <br>**Core Plus** <br> **Income** <br>**ETF**<br>| **Capital Group** <br>**High Yield Bond** <br>**ETF**<br>| **Capital Group** <br>**International** <br>**Bond ETF** <br>**(USD-Hedged)**<br>| **Capital Group** <br>**Municipal** <br> **Income** <br>**ETF**<br>|
| Long-term capital gains | &nbsp;&nbsp; — |  |  | $52000 |  |
| Qualified dividend income | &nbsp;&nbsp; $384000 | $121000 | $5000 | $32000 |  |
| Section 163(j) interest dividends | &nbsp;&nbsp; 100<br> %<br>| 100<br> %<br>| 100<br> %<br>| $2350000 |  |
| Exempt interest dividends | &nbsp;&nbsp; — |  |  |  | $132920000 |
| Corporate dividends received deduction | &nbsp;&nbsp; — |  | $5000 |  |  |
| U.S. government income that may be exempt from state <br> taxation<br>| &nbsp;&nbsp; $18410000 | $48293000 | $76000 | $61000 |  |

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| | | | | |
|:---|:---|:---|:---|:---|
|  | **Capital Group** <br>**Municipal** <br>**High Income** <br>**ETF**<br>| **Capital Group** <br>**Short Duration** <br>**Income** <br>**ETF**<br>| **Capital Group** <br>**Short Duration** <br>**Municipal** <br> **Income** <br>**ETF**<br>| **Capital Group** <br>**Ultra Short** <br>**Income** <br>**ETF**<br>|
| Long-term capital gains | &nbsp;&nbsp; — |  |  | $3500 |
| Qualified dividend income | &nbsp;&nbsp; — |  |  |  |
| Section 163(j) interest dividends | &nbsp;&nbsp; — | 100<br> %<br>|  | 100<br> %<br>|
| Exempt interest dividends | &nbsp;&nbsp; $43485000 |  | $25200000 |  |
| Corporate dividends received deduction | &nbsp;&nbsp; — |  |  |  |
| U.S. government income that may be exempt from state taxation | &nbsp;&nbsp; — | $3345000 |  | $5000 |

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| | |
|:---|:---|
|  | **Capital Group** <br>**U.S. Multi-Sector** <br>**Income** <br>**ETF**<br>|
| Qualified dividend income | &nbsp;&nbsp; $251000 |
| Section 163(j) interest dividends | &nbsp;&nbsp; 100<br> %<br>|
| U.S. government income that may be exempt from state taxation | &nbsp;&nbsp; $3756000 |

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**Individual shareholders should refer to their Form 1099 or other tax information, which was 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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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **318** |

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Changes in and disagreements with accountants

------

None

Matters submitted for shareholder vote

------

**Results of special meeting of shareholders**

Held November 25, 2025

Shares outstanding (all classes) on August 28, 2025 (record date):

797,304,000

Total shares voting on November 25, 2025:

650,825,575 (81.6% of shares outstanding)

The proposal: To elect board members

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| | | | | |
|:---|:---|:---|:---|:---|
| **Board member** | **Votes for** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percent of shares** <br>**voting for**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Votes** <br>**withheld**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percent of** <br>**shares** <br>**withheld**<br>|
| Gina F. Adams | 598460494  | 92.0% | 52365081  | 8.0% |
| Pramod Atluri | 647975217  | 99.6% | 2850358  | 0.4% |
| Francisco G. Cigarroa | 648130456  | 99.6% | 2695119  | 0.4% |
| Nariman Farvardin | 648010908  | 99.6% | 2814667  | 0.4% |
| Jennifer C. Feikin | 648190509  | 99.6% | 2635066  | 0.4% |
| Leslie Stone Heisz | 648354681  | 99.6% | 2470894  | 0.4% |
| Merit E. Janow | 648171692  | 99.6% | 2653883  | 0.4% |
| Martin E. Koehler | 648266854  | 99.6% | 2558721  | 0.4% |
| Benjamin R. Miller | 648311745  | 99.6% | 2513830  | 0.4% |
| Josette Sheeran | 648245635  | 99.6% | 2579940  | 0.4% |
| Margaret Spellings | 648062713  | 99.6% | 2762862  | 0.4% |
| Alexandra Trower | 648301236  | 99.6% | 2524339  | 0.4% |
| Paul S. Williams | 648261766  | 99.6% | 2563809  | 0.4% |
| Courtney K. Wolf | 648283658  | 99.6% | 2541917  | 0.4% |

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Remuneration paid to directors, officers and others

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Trustee compensation is paid by the investment adviser pursuant to the Investment Advisory and Service Agreement. Additional information related to the trustee compensation is available in the Registrant's Statement of Additional Information.

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| | |
|:---|:---|
| **319** | Capital Group Fixed Income ETF Trust |

---

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Approval of Investment Advisory and Service Agreement

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Not applicable for the current reporting period due to the timing of the board's approval of this agreement.

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| | |
|:---|:---|
| Capital Group Fixed Income ETF Trust | **320** |

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#### ITEM 8 - Changes in and Disagreements with Accountants for Open-End Management Investment Companies
None

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#### ITEM 9 - Proxy Disclosures for Open-End Management Investment Companies
The information is included as part of the material filed under Item 7 of this Form under Matters submitted for shareholder vote.

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#### ITEM 10 - Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
Trustee compensation is paid by the investment adviser pursuant to the Investment Advisory and Service Agreement. Additional information related to the trustee compensation is available in the Registrant's Statement of Additional Information.

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#### ITEM 11 - Statement Regarding Basis for Approval of Investment Advisory Contract
Not applicable for the current reporting period due to the timing of the board's approval of this 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.

#### 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.

**Capital Group Fixed Income ETF Trust**

By /s/ Michael W. Stockton

Michael W. Stockton,

Executive Vice President and Principal Executive Officer

Date: March 09, 2026

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/ Michael W. Stockton

Michael W. Stockton,

Executive Vice President and Principal Executive Officer

Date: March 09, 2026

By /s/ Sandra Chuon

Sandra Chuon, Treasurer and

Principal Financial Officer

Date: March 09, 2026

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## Ex-99.Cert

**CERTIFICATION**

**I, Michael W. Stockton, certify that:**

1. I have reviewed this report on Form N-CSR of **Capital Group Fixed Income ETF Trust**;

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: March 09, 2026

<u>/s/ Michael W. Stockton</u> Michael W. Stockton,

Executive Vice President and Principal Executive Officer

Capital Group Fixed Income ETF Trust

**CERTIFICATION**

I, **Sandra Chuon**, certify that:

1. I have reviewed this report on Form N-CSR of **Capital Group Fixed Income ETF Trust**;

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: March 09, 2026

<u>/s/ Sandra Chuon</u> Sandra Chuon,

Treasurer and Principal Financial Officer

Capital Group Fixed Income ETF Trust

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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

MICHAEL W. STOCKTON, Executive Vice President and Principal Executive Officer, and SANDRA CHUON, Treasurer and Principal Financial Officer of Capital Group Fixed Income ETF Trust (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 December 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

**Capital Group Fixed Income ETF Trust**

<u>/s/ Michael W. Stockton</u>

Michael W. Stockton, Executive Vice President and Principal Executive Officer

Date: March 09, 2026

Principal Financial Officer

**Capital Group Fixed Income ETF Trust**

<u>/s/ Sandra Chuon</u>

Sandra Chuon, Treasurer and Principal Financial Officer

Date: March 09, 2026

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to **Capital Group Fixed Income ETF Trust** and will be retained by **Capital Group Fixed Income ETF Trust** 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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