# EDGAR Filing Document

**Accession Number:** 0001870117
**File Stem:** 0001145549-25-057841
**Filing Date:** 2025-9
**Character Count:** 1224615
**Document Hash:** 7b4edfa862749a20e46f7a00e25e5c0a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057841.hdr.sgml**: 20250905

**ACCESSION NUMBER**: 0001145549-25-057841

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 27

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250905

**DATE AS OF CHANGE**: 20250905

**EFFECTIVENESS DATE**: 20250905

**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-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23738
- **FILM NUMBER:** 251295835

**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'? 8dde4f7aa394eef

#### 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:

#### June 30, 2025
ITEM 1 - Reports to Stockholders

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group Core Bond ETF
**CGCB** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group Core Bond ETF (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGCB | &nbsp;&nbsp;$14 0.27%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2473 |
| Total number of portfolio holdings | 665 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 55% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 32% |

---

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

\*Includes derivatives.

Availability of additional information

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-312-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group Core Plus Income ETF
**CGCP** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group Core Plus Income ETF (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGCP | &nbsp;&nbsp;$17 0.34%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $5170 |
| Total number of portfolio holdings | 1304 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 201% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 66% |

---

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

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

<sup>†</sup>Includes derivatives.

Availability of additional information

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-306-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group High Yield Bond ETF
**CGHY** for the period ended June 30, 2025

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

This semi-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 June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. 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;$1\*0.39%<sup>†</sup> |

---

<sup>\*</sup>Based on operations for the period from June 24, 2025 to June 30, 2025. Expenses for the full 6 months would be higher.

<sup>†</sup>Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in thousands) | $49804 |
| Total number of portfolio holdings | 115 |
| Portfolio turnover rate | 4% |

---

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

Availability of additional information

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-326-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group International Bond ETF (USD-Hedged)
**CGIB** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group International Bond ETF (USD-Hedged) (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGIB | &nbsp;&nbsp;$23 0.45%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in thousands) | $49850 |
| Total number of portfolio holdings | 184 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 101% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 66% |

---

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

\*Includes derivatives.

Availability of additional information

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-321-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group Municipal Income ETF
**CGMU** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group Municipal Income ETF (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGMU | &nbsp;&nbsp;$13 0.27%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $3361 |
| Total number of portfolio holdings | 1640 |
| Portfolio turnover rate | 14% |

---

**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

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-309-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group Municipal High-Income ETF
**CGHM** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group Municipal High-Income ETF (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGHM | &nbsp;&nbsp;$17 0.34%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in thousands) | $205262 |
| Total number of portfolio holdings | 665 |
| Portfolio turnover rate | 16% |

---

**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

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-322-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group Short Duration Income ETF
**CGSD** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group Short Duration Income ETF (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGSD | &nbsp;&nbsp;$13 0.25%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $1325 |
| Total number of portfolio holdings | 866 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 85% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 16% |

---

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

\*Includes derivatives.

Availability of additional information

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-307-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group Short Duration Municipal Income ETF
**CGSM** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group Short Duration Municipal Income ETF (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGSM | &nbsp;&nbsp;$13 0.25%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in thousands) | $709427 |
| Total number of portfolio holdings | 637 |
| Portfolio turnover rate | 34% |

---

**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

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-313-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group Ultra Short Income ETF
**CGUI** for the six months ended June 30, 2025

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

This semi-annual shareholder report contains important information about Capital Group Ultra Short Income ETF (the "fund") for the period from January 1, 2025 to June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGUI | &nbsp;&nbsp;$9 0.18%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in thousands) | $56010 |
| Total number of portfolio holdings | 183 |
| Portfolio turnover rate | 70% |

---

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

\*Includes derivatives.

Availability of additional information

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-320-0825© 2025 Capital Group. All rights reserved.

![TSR - Capital no AF Logo](images_2099.jpg)

SEMI-ANNUAL SHAREHOLDER REPORT

## Capital Group U.S. Multi-Sector Income ETF
**CGMS** for the six months ended June 30, 2025

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

This semi-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 June 30, 2025. You can find additional information about the fund at <u>capitalgroup.com/ETF-literature</u>. You can also request this information by contacting us at (800) 421-4225.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Cost of $10,000 Investment** |
| &nbsp;&nbsp;CGMS | &nbsp;&nbsp;$20 0.39%<sup>\*</sup> |

---

\*Annualized.

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2857 |
| Total number of portfolio holdings | 1291 |
| Portfolio turnover rate including<br>mortgage dollar roll transactions | 34% |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 24% |

---

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

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

<sup>†</sup>Includes derivatives.

Availability of additional information

![TSR - QR Code - ETFs](images_2131.jpg)

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

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

Lit. No. ETMXSRX-308-0825© 2025 Capital Group. All rights reserved.

------

#### ITEM 2 - Code of Ethics
Not applicable for filing of semi-annual reports to shareholders.

------

#### ITEM 3 - Audit Committee Financial Expert
Not applicable for filing of semi-annual reports to shareholders.

------

#### ITEM 4 - Principal Accountant Fees and Services
Not applicable for filing of semi-annual reports to shareholders.

------

#### ITEM 5 - Audit Committee of Listed Registrants
Not applicable for filing of semi-annual reports to shareholders.

------

#### 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

------

![](imgb5934d5c1.jpg)

**Capital Group**

**Fixed Income ETF**

**Trust**

Financial Statements and Other Information

N-CSR Items 7-11

for the six months ended June 30, 2025

Lit. No. ETGEFP2-350-0825© 2025 Capital Group. All rights reserved.

------

Capital Group Core Bond ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 98.35% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans 39.74%** | **Corporate bonds, notes & loans 39.74%** | **Corporate bonds, notes & loans 39.74%** |
| **Financials 18.87%** |  |  |
| Aero Capital Solutions, Inc., Term Loan, (1-month USD CME Term SOFR + 3.00%) 7.61% 11/17/2029 <sup>(a)(b)(c)(d)</sup>  | USD<br> 1,671<br>| $1659 |
| AIB Group PLC 6.608% 9/13/2029 (USD-SOFR + 2.33% on 9/13/2028) <sup>(c)(e)</sup>  | 6851 | 7252 |
| American Express Co. (USD-SOFR + 0.93%) 5.282% 7/26/2028 <sup>(d)</sup>  | 9070 | 9115 |
| American International Group, Inc. 4.85% 5/7/2030  | 1126 | 1144 |
| Arthur J. Gallagher & Co. 4.85% 12/15/2029  | 6123 | 6217 |
| Bank of America Corp. 2.551% 2/4/2028 (USD-SOFR + 1.05% on 2/4/2027) <sup>(e)</sup>  | 24948 | 24255 |
| Bank of America Corp. 3.974% 2/7/2030 (3-month USD CME Term SOFR + 1.472% on 2/7/2029) <sup>(e)</sup>  | 15060 | 14826 |
| Bank of Montreal 5.004% 1/27/2029 (USD-SOFR Index + 0.67% on 1/27/2028) <sup>(e)</sup>  | 6807 | 6920 |
| BNP Paribas SA 2.591% 1/20/2028 (USD-SOFR + 1.228% on 1/20/2027) <sup>(c)(e)</sup>  | 7145 | 6937 |
| BNP Paribas SA 5.497% 5/20/2030 (USD-SOFR + 1.59% on 5/20/2029) <sup>(c)(e)</sup>  | 4888 | 5021 |
| BPCE SA 2.045% 10/19/2027 (USD-SOFR + 1.087% on 10/19/2026) <sup>(c)(e)</sup>  | 5078 | 4911 |
| 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>(c)(e)</sup>  | 7268 | 7485 |
| BPCE SA 5.876% 1/14/2031 (USD-SOFR + 1.68% on 1/14/2030) <sup>(c)(e)</sup>  | 6938 | 7199 |
| CaixaBank, SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(c)(e)</sup>  | 10703 | 11127 |
| CaixaBank, SA 4.634% 7/3/2029 (USD-SOFR + 1.14% on 7/3/2028) <sup>(c)(e)</sup>  | 6668 | 6686 |
| Canadian Imperial Bank of Commerce 4.857% 3/30/2029 (USD-SOFR + 1.03% on 3/31/2028) <sup>(e)</sup>  | 7074 | 7151 |
| Charles Schwab Corp. (The) 5.643% 5/19/2029 (USD-SOFR + 2.21% on 5/19/2028) <sup>(e)</sup>  | 8411 | 8720 |
| Citigroup, Inc. 4.542% 9/19/2030 (USD-SOFR + 1.338% on 9/19/2029) <sup>(e)</sup>  | 1128 | 1123 |
| Citigroup, Inc. 4.412% 3/31/2031 (USD-SOFR + 3.914% on 3/31/2030) <sup>(e)</sup>  | 5541 | 5483 |
| 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)(e)</sup>  | 12028 | 11989 |
| Deutsche Bank AG 2.311% 11/16/2027 (USD-SOFR + 1.219% on 11/16/2026) <sup>(e)</sup>  | 6725 | 6527 |
| Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) <sup>(e)</sup>  | 10238 | 10927 |
| 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>(c)(e)</sup>  | 4714 | 4595 |
| Fifth Third Bancorp 6.339% 7/27/2029 (USD-SOFR + 2.34% on 7/27/2028) <sup>(e)</sup>  | 11218 | 11818 |
| Five Corners Funding Trust III 5.791% 2/15/2033 <sup>(c)</sup>  | 4536 | 4721 |
| Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) <sup>(e)</sup>  | 10699 | 11139 |
| Goldman Sachs Group, Inc. 5.049% 7/23/2030 (USD-SOFR + 1.21% on 7/23/2029) <sup>(e)</sup>  | 197 | 200 |
| Goldman Sachs Group, Inc. 4.692% 10/23/2030 (USD-SOFR + 1.135% on 10/23/2029) <sup>(e)</sup>  | 4033 | 4046 |
| Goldman Sachs Group, Inc. 5.207% 1/28/2031 (USD-SOFR + 1.078% on 1/28/2030) <sup>(e)</sup>  | 2892 | 2961 |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(e)</sup>  | 4480 | 4594 |
| HSBC Holdings PLC 4.583% 6/19/2029 (3-month USD CME Term SOFR + 1.796% on 6/19/2028) <sup>(e)</sup>  | 14853 | 14877 |
| JPMorgan Chase & Co. 6.07% 10/22/2027 (USD-SOFR + 1.33% on 10/22/2026) <sup>(e)</sup>  | 7365 | 7527 |
| JPMorgan Chase & Co. 5.04% 1/23/2028 (USD-SOFR + 1.19% on 1/23/2027) <sup>(e)</sup>  | 9271 | 9362 |
| JPMorgan Chase & Co. 5.571% 4/22/2028 (USD-SOFR + 0.93% on 4/22/2027) <sup>(e)</sup>  | 1501 | 1532 |
| JPMorgan Chase & Co. 4.505% 10/22/2028 (USD-SOFR + 0.86% on 10/22/2027) <sup>(e)</sup>  | 4116 | 4129 |
| JPMorgan Chase & Co. 4.203% 7/23/2029 (3-month USD CME Term SOFR + 1.522% on 7/23/2028) <sup>(e)</sup>  | 14112 | 14055 |
| JPMorgan Chase & Co. 5.103% 4/22/2031 (USD-SOFR + 1.435% on 4/22/2030) <sup>(e)</sup>  | 4780 | 4900 |
| 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>(c)(e)</sup>  | 11847 | 12237 |
| 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>(e)</sup>  | 8841 | 9141 |
| Metropolitan Life Global Funding I 4.85% 1/8/2029 <sup>(c)</sup>  | 3310 | 3372 |
| Metropolitan Life Global Funding I 5.15% 3/28/2033 <sup>(c)</sup>  | 2905 | 2950 |
| Mizuho Financial Group, Inc. 1.234% 5/22/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + <br> 0.67% on 5/22/2026) <sup>(e)</sup>  | 6414 | 6235 |
| 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>(e)</sup>  | 3421 | 3520 |
| Morgan Stanley 5.123% 2/1/2029 (USD-SOFR + 1.73% on 2/1/2028) <sup>(e)</sup>  | 18212 | 18534 |
| Morgan Stanley 5.042% 7/19/2030 (USD-SOFR + 1.215% on 7/19/2029) <sup>(e)</sup>  | 10901 | 11089 |
| Morgan Stanley 4.654% 10/18/2030 (USD-SOFR + 1.10% on 10/18/2029) <sup>(e)</sup>  | 4487 | 4496 |
| 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>(e)</sup>  | 13433 | 13591 |
| PNC Financial Services Group, Inc. 6.615% 10/20/2027 (USD-SOFR + 1.73% on 10/20/2026) <sup>(e)</sup>  | 1155 | 1188 |
| PNC Financial Services Group, Inc. 5.582% 6/12/2029 (USD-SOFR + 1.841% on 6/12/2028) <sup>(e)</sup>  | 9492 | 9832 |
| PNC Financial Services Group, Inc. 4.812% 10/21/2032 (USD-SOFR + 1.289% on 10/21/2031) <sup>(e)</sup>  | 3507 | 3516 |
| Svenska Handelsbanken AB 5.50% 6/15/2028 <sup>(c)</sup>  | 8989 | 9292 |
| Truist Financial Corp. 5.435% 1/24/2030 (USD-SOFR + 1.62% on 1/24/2029) <sup>(e)</sup>  | 11802 | 12158 |
| U.S. Bancorp 4.653% 2/1/2029 (USD-SOFR + 1.23% on 2/1/2028) <sup>(e)</sup>  | 2698 | 2716 |
| U.S. Bancorp 5.046% 2/12/2031 (USD-SOFR + 1.061% on 2/12/2030) <sup>(e)</sup>  | 4743 | 4830 |

---

---

| | |
|:---|:---|
| **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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** |  |  |
| UBS Group AG 5.617% 9/13/2030 (1-year USD-ICE SOFR Swap + 1.34% on 9/13/2029) <sup>(c)(e)</sup>  | USD<br> 2,022<br>| $2100 |
| UBS Group AG 9.016% 11/15/2033 (USD-SOFR + 5.02% on 11/15/2032) <sup>(c)(e)</sup>  | 10458 | 12934 |
| Wells Fargo & Co. 5.574% 7/25/2029 (USD-SOFR + 1.74% on 7/25/2028) <sup>(e)</sup>  | 38501 | 39760 |
| 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>(e)</sup>  | 10372 | 10028 |
|  |  | 466649 |
| **Utilities 4.92%** |  |  |
| DTE Energy Co. 5.10% 3/1/2029  | 9885 | 10083 |
| Edison International 4.125% 3/15/2028  | 1829 | 1766 |
| Edison International 5.45% 6/15/2029  | 50 | 49 |
| Edison International 6.95% 11/15/2029  | 125 | 130 |
| Edison International 6.25% 3/15/2030  | 797 | 810 |
| Eversource Energy 5.00% 1/1/2027  | 11597 | 11706 |
| FirstEnergy Corp. 2.65% 3/1/2030  | 11630 | 10684 |
| Georgia Power Co. 4.95% 5/17/2033  | 8926 | 8999 |
| Pacific Gas and Electric Co. 5.00% 6/4/2028  | 5775 | 5794 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028  | 10433 | 10377 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 12211 | 11924 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 2252 | 2233 |
| PacifiCorp 5.10% 2/15/2029  | 16038 | 16358 |
| Public Service Enterprise Group, Inc. 4.90% 3/15/2030  | 6620 | 6736 |
| Southern California Edison Co. 5.25% 3/15/2030  | 3501 | 3539 |
| Southern California Edison Co. 5.45% 6/1/2031  | 10955 | 11155 |
| Xcel Energy, Inc. 4.75% 3/21/2028  | 2270 | 2293 |
| Xcel Energy, Inc. 5.45% 8/15/2033  | 6925 | 7068 |
|  |  | 121704 |
| **Health care 3.28%** |  |  |
| Amgen, Inc. 5.25% 3/2/2033  | 12102 | 12397 |
| Baxter International, Inc. 2.272% 12/1/2028  | 16289 | 15167 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 10310 | 10563 |
| Centene Corp. 4.25% 12/15/2027  | 8095 | 7977 |
| Cigna Group (The) 5.00% 5/15/2029  | 8073 | 8257 |
| CVS Health Corp. 5.40% 6/1/2029  | 10403 | 10709 |
| Humana, Inc. 5.375% 4/15/2031  | 5573 | 5703 |
| Pfizer Investment Enterprises Pte., Ltd. 4.75% 5/19/2033  | 5186 | 5173 |
| Viatris, Inc. 2.70% 6/22/2030  | 5005 | 4460 |
| Viatris, Inc. 4.00% 6/22/2050  | 1107 | 738 |
|  |  | 81144 |
| **Energy 2.26%** |  |  |
| Cheniere Energy, Inc. 4.625% 10/15/2028  | 18581 | 18561 |
| Diamondback Energy, Inc. 5.15% 1/30/2030  | 7318 | 7487 |
| Energy Transfer, LP 5.25% 7/1/2029  | 11332 | 11613 |
| GreenSaif Pipelines Bidco SARL 5.852% 2/23/2036 <sup>(c)</sup>  | 2937 | 2973 |
| Petroleos Mexicanos 6.875% 8/4/2026  | 6000 | 6005 |
| South Bow USA Infrastructure Holdings, LLC 4.911% 9/1/2027 <sup>(c)</sup>  | 9100 | 9161 |
|  |  | 55800 |
| **Consumer staples 2.23%** |  |  |
| Altria Group, Inc. 4.875% 2/4/2028  | 7876 | 7986 |
| BAT Capital Corp. 6.343% 8/2/2030  | 6725 | 7253 |
| BAT Capital Corp. 5.35% 8/15/2032  | 5032 | 5150 |
| Constellation Brands, Inc. 2.875% 5/1/2030  | 6729 | 6228 |

---

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Consumer staples (continued)** |  |  |
| Imperial Brands Finance PLC 4.50% 6/30/2028 <sup>(c)</sup>  | USD<br> 2,846<br>| $2846 |
| Mars, Inc. 4.80% 3/1/2030 <sup>(c)</sup>  | 12337 | 12504 |
| Philip Morris International, Inc. 5.625% 11/17/2029  | 12480 | 13109 |
|  |  | 55076 |
| **Industrials 2.00%** |  |  |
| BAE Systems PLC 5.125% 3/26/2029 <sup>(c)</sup>  | 10816 | 11090 |
| Boeing Co. (The) 5.04% 5/1/2027  | 19732 | 19888 |
| Boeing Co. (The) 6.259% 5/1/2027  | 12144 | 12499 |
| LG Energy Solution, Ltd. 5.25% 4/2/2028 <sup>(c)</sup>  | 6052 | 6077 |
|  |  | 49554 |
| **Information technology 1.85%** |  |  |
| Broadcom, Inc. 5.05% 7/12/2027  | 7539 | 7650 |
| Broadcom, Inc. 4.15% 2/15/2028  | 6311 | 6294 |
| Broadcom, Inc. 3.469% 4/15/2034 <sup>(c)</sup>  | 6015 | 5375 |
| Microchip Technology, Inc. 5.05% 3/15/2029  | 4509 | 4582 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 1448 | 1469 |
| Roper Technologies, Inc. 4.50% 10/15/2029  | 4327 | 4337 |
| SK hynix, Inc. 6.375% 1/17/2028 <sup>(c)</sup>  | 5458 | 5695 |
| Synopsys, Inc. 4.65% 4/1/2028  | 10222 | 10328 |
|  |  | 45730 |
| **Consumer discretionary 1.83%** |  |  |
| Daimler Trucks Finance North America, LLC 2.375% 12/14/2028 <sup>(c)</sup>  | 5740 | 5359 |
| Ford Motor Credit Co., LLC 5.80% 3/5/2027  | 14974 | 15098 |
| Hyundai Capital America 5.275% 6/24/2027 <sup>(c)</sup>  | 6688 | 6775 |
| Hyundai Capital America 4.55% 9/26/2029 <sup>(c)</sup>  | 2655 | 2632 |
| Hyundai Capital America 5.15% 3/27/2030 <sup>(c)</sup>  | 5428 | 5495 |
| Stellantis Finance US, Inc. 5.35% 3/17/2028 <sup>(c)</sup>  | 2107 | 2125 |
| Volkswagen Group of America Finance, LLC 4.90% 8/14/2026 <sup>(c)</sup>  | 7710 | 7727 |
|  |  | 45211 |
| **Communication services 1.39%** |  |  |
| AT&T, Inc. 4.30% 2/15/2030  | 15992 | 15945 |
| Charter Communications Operating, LLC 6.10% 6/1/2029  | 2998 | 3139 |
| Charter Communications Operating, LLC 6.384% 10/23/2035  | 3093 | 3250 |
| T-Mobile USA, Inc. 3.875% 4/15/2030  | 9598 | 9325 |
| T-Mobile USA, Inc. 5.125% 5/15/2032  | 2723 | 2778 |
|  |  | 34437 |
| **Real estate 0.73%** |  |  |
| Equinix, Inc. 3.20% 11/18/2029  | 9269 | 8799 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 575 | 579 |
| VICI Properties, LP 4.95% 2/15/2030  | 8523 | 8577 |
|  |  | 17955 |
| **Materials 0.38%** |  |  |
| Chevron Phillips Chemical Co., LLC 4.75% 5/15/2030 <sup>(c)</sup>  | 5168 | 5239 |
| EIDP, Inc. 5.125% 5/15/2032  | 4132 | 4218 |
|  |  | 9457 |
| **Total corporate bonds, notes & loans** |  | 982717 |

---

---

| | |
|:---|:---|
| **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 37.60%** | **Mortgage-backed obligations 37.60%** | **Mortgage-backed obligations 37.60%** |
| **Federal agency mortgage-backed obligations 28.29%** |  |  |
| Fannie Mae Pool #FS3550 2.50% 1/1/2051 <sup>(f)</sup>  | USD<br> 895<br>| $744 |
| Fannie Mae Pool #FS5929 2.50% 1/1/2051 <sup>(f)</sup>  | 495 | 411 |
| Fannie Mae Pool #BQ7729 2.50% 3/1/2051 <sup>(f)</sup>  | 1565 | 1300 |
| Fannie Mae Pool #CA9390 2.50% 3/1/2051 <sup>(f)</sup>  | 957 | 795 |
| Fannie Mae Pool #BR6304 2.50% 4/1/2051 <sup>(f)</sup>  | 23 | 20 |
| Fannie Mae Pool #FM7408 2.50% 5/1/2051 <sup>(f)</sup>  | 1331 | 1105 |
| Fannie Mae Pool #FM7304 2.50% 5/1/2051 <sup>(f)</sup>  | 867 | 720 |
| Fannie Mae Pool #CB0517 2.50% 5/1/2051 <sup>(f)</sup>  | 622 | 516 |
| Fannie Mae Pool #FM7325 2.50% 5/1/2051 <sup>(f)</sup>  | 529 | 441 |
| Fannie Mae Pool #BR9603 2.50% 5/1/2051 <sup>(f)</sup>  | 18 | 15 |
| Fannie Mae Pool #FM8315 2.50% 7/1/2051 <sup>(f)</sup>  | 966 | 804 |
| Fannie Mae Pool #BQ0991 2.50% 7/1/2051 <sup>(f)</sup>  | 475 | 394 |
| Fannie Mae Pool #CB1295 2.00% 8/1/2051 <sup>(f)</sup>  | 2772 | 2207 |
| Fannie Mae Pool #CB1394 2.50% 8/1/2051 <sup>(f)</sup>  | 929 | 771 |
| Fannie Mae Pool #BU0341 2.50% 9/1/2051 <sup>(f)</sup>  | 24 | 20 |
| Fannie Mae Pool #MA4465 2.00% 11/1/2051 <sup>(f)</sup>  | 3455 | 2746 |
| Fannie Mae Pool #CB2211 2.50% 11/1/2051 <sup>(f)</sup>  | 3769 | 3130 |
| Fannie Mae Pool #BQ7453 2.50% 11/1/2051 <sup>(f)</sup>  | 453 | 378 |
| Fannie Mae Pool #CB2029 2.50% 11/1/2051 <sup>(f)</sup>  | 93 | 78 |
| Fannie Mae Pool #BU3058 2.50% 12/1/2051 <sup>(f)</sup>  | 6648 | 5517 |
| Fannie Mae Pool #BQ7006 2.00% 1/1/2052 <sup>(f)</sup>  | 2603 | 2068 |
| Fannie Mae Pool #MA4512 2.50% 1/1/2052 <sup>(f)</sup>  | 3613 | 3009 |
| Fannie Mae Pool #FS5613 2.50% 1/1/2052 <sup>(f)</sup>  | 1921 | 1595 |
| Fannie Mae Pool #FS4203 2.50% 1/1/2052 <sup>(f)</sup>  | 278 | 231 |
| Fannie Mae Pool #FS6479 2.50% 1/1/2052 <sup>(f)</sup>  | 111 | 92 |
| Fannie Mae Pool #MA4547 2.00% 2/1/2052 <sup>(f)</sup>  | 7657 | 6083 |
| Fannie Mae Pool #BT6607 2.50% 2/1/2052 <sup>(f)</sup>  | 613 | 509 |
| Fannie Mae Pool #MA4562 2.00% 3/1/2052 <sup>(f)</sup>  | 9849 | 7815 |
| Fannie Mae Pool #CB3031 2.50% 3/1/2052 <sup>(f)</sup>  | 715 | 596 |
| Fannie Mae Pool #MA4563 2.50% 3/1/2052 <sup>(f)</sup>  | 578 | 481 |
| Fannie Mae Pool #CB3744 2.50% 3/1/2052 <sup>(f)</sup>  | 79 | 66 |
| Fannie Mae Pool #FS4433 2.50% 3/1/2052 <sup>(f)</sup>  | 28 | 23 |
| Fannie Mae Pool #MA4577 2.00% 4/1/2052 <sup>(f)</sup>  | 3688 | 2933 |
| Fannie Mae Pool #FS8274 2.00% 4/1/2052 <sup>(f)</sup>  | 1918 | 1521 |
| Fannie Mae Pool #FS1598 2.00% 4/1/2052 <sup>(f)</sup>  | 1849 | 1469 |
| Fannie Mae Pool #MA4578 2.50% 4/1/2052 <sup>(f)</sup>  | 4890 | 4068 |
| Fannie Mae Pool #BV4656 2.50% 4/1/2052 <sup>(f)</sup>  | 939 | 782 |
| Fannie Mae Pool #CB3520 2.50% 4/1/2052 <sup>(f)</sup>  | 741 | 615 |
| Fannie Mae Pool #MA4597 2.00% 5/1/2052 <sup>(f)</sup>  | 4349 | 3451 |
| Fannie Mae Pool #MA4623 2.50% 6/1/2052 <sup>(f)</sup>  | 1083 | 901 |
| Fannie Mae Pool #CB3891 3.00% 6/1/2052 <sup>(f)</sup>  | 1660 | 1446 |
| Fannie Mae Pool #MA4626 4.00% 6/1/2052 <sup>(f)</sup>  | 908 | 846 |
| Fannie Mae Pool #MA4651 2.00% 7/1/2052 <sup>(f)</sup>  | 2258 | 1795 |
| Fannie Mae Pool #FS5493 2.50% 7/1/2052 <sup>(f)</sup>  | 2808 | 2335 |
| Fannie Mae Pool #FS2239 2.50% 7/1/2052 <sup>(f)</sup>  | 838 | 698 |
| Fannie Mae Pool #FS6130 2.50% 7/1/2052 <sup>(f)</sup>  | 560 | 467 |
| Fannie Mae Pool #FS6631 2.50% 7/1/2052 <sup>(f)</sup>  | 38 | 32 |
| Fannie Mae Pool #MA4743 2.50% 8/1/2052 <sup>(f)</sup>  | 1674 | 1389 |
| Fannie Mae Pool #MA4768 2.50% 9/1/2052 <sup>(f)</sup>  | 2104 | 1748 |
| Fannie Mae Pool #FS4191 5.50% 3/1/2053 <sup>(f)</sup>  | 246 | 247 |
| Fannie Mae Pool #BY0943 4.00% 4/1/2053 <sup>(f)</sup>  | 595 | 555 |
| Fannie Mae Pool #MA5027 4.00% 5/1/2053 <sup>(f)</sup>  | 235 | 219 |
| Fannie Mae Pool #MA5038 5.00% 6/1/2053 <sup>(f)</sup>  | 1539 | 1513 |
| Fannie Mae Pool #MA5135 4.00% 9/1/2053 <sup>(f)</sup>  | 14309 | 13319 |
| Fannie Mae Pool #MA5177 4.00% 10/1/2053 <sup>(f)</sup>  | 937 | 872 |
| Fannie Mae Pool #MA5163 4.50% 10/1/2053 <sup>(f)</sup>  | 953 | 912 |
| Fannie Mae Pool #MA5207 4.00% 11/1/2053 <sup>(f)</sup>  | 1897 | 1767 |
| Fannie Mae Pool #FA0441 3.50% 12/1/2053 <sup>(f)</sup>  | 22587 | 20365 |
| Fannie Mae Pool #CB7862 6.00% 1/1/2054 <sup>(f)</sup>  | 413 | 421 |
| Fannie Mae Pool #MA5295 6.00% 3/1/2054 <sup>(f)</sup>  | 5271 | 5364 |
| Fannie Mae Pool #MA5341 4.00% 4/1/2054 <sup>(f)</sup>  | 2444 | 2275 |
| Fannie Mae Pool #MA5353 5.50% 5/1/2054 <sup>(f)</sup>  | 2448 | 2450 |

---

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 #CB8755 6.00% 6/1/2054 <sup>(f)</sup>  | USD<br> 745<br>| $762 |
| Fannie Mae Pool #FS8223 6.00% 6/1/2054 <sup>(f)</sup>  | 219 | 223 |
| Fannie Mae Pool #FS8219 6.00% 6/1/2054 <sup>(f)</sup>  | 196 | 202 |
| Fannie Mae Pool #DB7039 6.00% 7/1/2054 <sup>(f)</sup>  | 167 | 171 |
| Fannie Mae Pool #MA5422 6.50% 7/1/2054 <sup>(f)</sup>  | 137 | 141 |
| Fannie Mae Pool #MA5444 5.50% 8/1/2054 <sup>(f)</sup>  | 4832 | 4835 |
| Fannie Mae Pool #DB7687 6.00% 8/1/2054 <sup>(f)</sup>  | 84 | 86 |
| Fannie Mae Pool #DB7690 6.00% 8/1/2054 <sup>(f)</sup>  | 74 | 76 |
| Fannie Mae Pool #DC0296 6.00% 8/1/2054 <sup>(f)</sup>  | 66 | 68 |
| Fannie Mae Pool #MA5471 6.00% 9/1/2054 <sup>(f)</sup>  | 5041 | 5127 |
| Fannie Mae Pool #MA5529 4.50% 11/1/2054 <sup>(f)</sup>  | 20400 | 19530 |
| Fannie Mae Pool #MA5552 5.00% 12/1/2054 <sup>(f)</sup>  | 17097 | 16771 |
| Fannie Mae Pool #MA5583 4.00% 1/1/2055 <sup>(f)</sup>  | 12568 | 11695 |
| Fannie Mae Pool #MA5586 5.50% 1/1/2055 <sup>(f)</sup>  | 4408 | 4410 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(f)</sup>  | 2075 | 2110 |
| Fannie Mae Pool #MA5631 6.50% 2/1/2055 <sup>(f)</sup>  | 5163 | 5335 |
| Fannie Mae Pool #MA5643 4.00% 3/1/2055 <sup>(f)</sup>  | 3621 | 3370 |
| Fannie Mae Pool #MA5644 4.50% 3/1/2055 <sup>(f)</sup>  | 5358 | 5128 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(f)</sup>  | 7461 | 7586 |
| Fannie Mae Pool #MA5671 4.50% 4/1/2055 <sup>(f)</sup>  | 5633 | 5392 |
| Fannie Mae Pool #MA5674 6.00% 4/1/2055 <sup>(f)</sup>  | 3745 | 3808 |
| Fannie Mae Pool #MA5697 4.00% 5/1/2055 <sup>(f)</sup>  | 6819 | 6345 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(f)</sup>  | 12167 | 12372 |
| Fannie Mae Pool #MA5736 6.00% 6/1/2055 <sup>(f)</sup>  | 6144 | 6248 |
| Fannie Mae Pool #MA5737 6.50% 6/1/2055 <sup>(f)</sup>  | 9620 | 9941 |
| Fannie Mae Pool #BF0765 3.50% 9/1/2063 <sup>(f)</sup>  | 11779 | 10437 |
| Freddie Mac Pool #RA3528 2.50% 9/1/2050 <sup>(f)</sup>  | 684 | 569 |
| Freddie Mac Pool #QB8797 2.50% 2/1/2051 <sup>(f)</sup>  | 269 | 224 |
| Freddie Mac Pool #SD4957 2.00% 3/1/2051 <sup>(f)</sup>  | 33905 | 26877 |
| Freddie Mac Pool #QC3532 2.50% 6/1/2051 <sup>(f)</sup>  | 517 | 430 |
| Freddie Mac Pool #QC5574 2.50% 8/1/2051 <sup>(f)</sup>  | 23 | 19 |
| Freddie Mac Pool #QC6759 2.00% 9/1/2051 <sup>(f)</sup>  | 7939 | 6304 |
| Freddie Mac Pool #QC6225 2.50% 9/1/2051 <sup>(f)</sup>  | 725 | 602 |
| Freddie Mac Pool #SD5485 2.50% 9/1/2051 <sup>(f)</sup>  | 691 | 578 |
| Freddie Mac Pool #RA5759 2.50% 9/1/2051 <sup>(f)</sup>  | 171 | 142 |
| Freddie Mac Pool #QC6597 2.50% 9/1/2051 <sup>(f)</sup>  | 27 | 22 |
| Freddie Mac Pool #QD1841 2.00% 11/1/2051 <sup>(f)</sup>  | 3331 | 2642 |
| Freddie Mac Pool #SD8183 2.50% 12/1/2051 <sup>(f)</sup>  | 2630 | 2189 |
| Freddie Mac Pool #SD5712 2.50% 1/1/2052 <sup>(f)</sup>  | 3332 | 2781 |
| Freddie Mac Pool #SD8189 2.50% 1/1/2052 <sup>(f)</sup>  | 2277 | 1895 |
| Freddie Mac Pool #SD5892 2.00% 2/1/2052 <sup>(f)</sup>  | 10683 | 8472 |
| Freddie Mac Pool #SD8194 2.50% 2/1/2052 <sup>(f)</sup>  | 3082 | 2564 |
| Freddie Mac Pool #SD8199 2.00% 3/1/2052 <sup>(f)</sup>  | 26856 | 21333 |
| Freddie Mac Pool #QD8010 2.00% 3/1/2052 <sup>(f)</sup>  | 922 | 731 |
| Freddie Mac Pool #SD8200 2.50% 3/1/2052 <sup>(f)</sup>  | 735 | 612 |
| Freddie Mac Pool #SD8204 2.00% 4/1/2052 <sup>(f)</sup>  | 2904 | 2306 |
| Freddie Mac Pool #QE0312 2.00% 4/1/2052 <sup>(f)</sup>  | 947 | 750 |
| Freddie Mac Pool #SD6498 2.50% 4/1/2052 <sup>(f)</sup>  | 5059 | 4202 |
| Freddie Mac Pool #QE0521 2.50% 4/1/2052 <sup>(f)</sup>  | 138 | 114 |
| Freddie Mac Pool #SD8212 2.50% 5/1/2052 <sup>(f)</sup>  | 8278 | 6892 |
| Freddie Mac Pool #SD8213 3.00% 5/1/2052 <sup>(f)</sup>  | 38083 | 33034 |
| Freddie Mac Pool #SD8220 3.00% 6/1/2052 <sup>(f)</sup>  | 8954 | 7758 |
| Freddie Mac Pool #SD3632 2.50% 7/1/2052 <sup>(f)</sup>  | 4962 | 4126 |
| Freddie Mac Pool #SD8224 2.50% 7/1/2052 <sup>(f)</sup>  | 4075 | 3389 |
| Freddie Mac Pool #SD8225 3.00% 7/1/2052 <sup>(f)</sup>  | 12737 | 11047 |
| Freddie Mac Pool #SD3117 4.00% 7/1/2052 <sup>(f)</sup>  | 2071 | 1931 |
| Freddie Mac Pool #SD8234 2.50% 8/1/2052 <sup>(f)</sup>  | 152 | 126 |
| Freddie Mac Pool #SD8235 3.00% 8/1/2052 <sup>(f)</sup>  | 9387 | 8142 |
| Freddie Mac Pool #SD8237 4.00% 8/1/2052 <sup>(f)</sup>  | 757 | 706 |
| Freddie Mac Pool #SD1581 2.50% 9/1/2052 <sup>(f)</sup>  | 39 | 33 |
| Freddie Mac Pool #SD8242 3.00% 9/1/2052 <sup>(f)</sup>  | 2443 | 2119 |
| Freddie Mac Pool #SD8330 3.00% 3/1/2053 <sup>(f)</sup>  | 6884 | 5967 |

---

---

| | |
|:---|:---|
| **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 #SD8323 5.00% 5/1/2053 <sup>(f)</sup>  | USD<br> 3,685<br>| $3622 |
| Freddie Mac Pool #SD8324 5.50% 5/1/2053 <sup>(f)</sup>  | 958 | 960 |
| Freddie Mac Pool #SD3432 6.00% 7/1/2053 <sup>(f)</sup>  | 170 | 174 |
| Freddie Mac Pool #SD8379 4.00% 10/1/2053 <sup>(f)</sup>  | 926 | 862 |
| Freddie Mac Pool #SD4977 5.00% 11/1/2053 <sup>(f)</sup>  | 7122 | 6999 |
| Freddie Mac Pool #SD8385 6.50% 12/1/2053 <sup>(f)</sup>  | 41024 | 42401 |
| Freddie Mac Pool #SL1062 2.50% 1/1/2054 <sup>(f)</sup>  | 5066 | 4206 |
| Freddie Mac Pool #SD8397 6.50% 1/1/2054 <sup>(f)</sup>  | 3126 | 3231 |
| Freddie Mac Pool #RJ0854 6.50% 1/1/2054 <sup>(f)</sup>  | 35 | 36 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(f)</sup>  | 1048 | 1067 |
| Freddie Mac Pool #SD8403 6.50% 2/1/2054 <sup>(f)</sup>  | 5533 | 5719 |
| Freddie Mac Pool #SD8408 5.50% 3/1/2054 <sup>(f)</sup>  | 1133 | 1133 |
| Freddie Mac Pool #QI3333 6.00% 4/1/2054 <sup>(f)</sup>  | 103 | 105 |
| Freddie Mac Pool #SD8431 5.50% 5/1/2054 <sup>(f)</sup>  | 27589 | 27610 |
| Freddie Mac Pool #SD5692 6.00% 5/1/2054 <sup>(f)</sup>  | 126 | 129 |
| Freddie Mac Pool #SD8439 6.00% 6/1/2054 <sup>(f)</sup>  | 21 | 21 |
| Freddie Mac Pool #RJ1725 6.50% 6/1/2054 <sup>(f)</sup>  | 64 | 66 |
| Freddie Mac Pool #SD8447 6.00% 7/1/2054 <sup>(f)</sup>  | 12959 | 13184 |
| Freddie Mac Pool #SD5896 6.00% 7/1/2054 <sup>(f)</sup>  | 177 | 180 |
| Freddie Mac Pool #RJ1986 6.50% 7/1/2054 <sup>(f)</sup>  | 648 | 671 |
| Freddie Mac Pool #SD8448 6.50% 7/1/2054 <sup>(f)</sup>  | 148 | 153 |
| Freddie Mac Pool #SD8455 6.50% 8/1/2054 <sup>(f)</sup>  | 22141 | 22884 |
| Freddie Mac Pool #QJ4152 6.50% 8/1/2054 <sup>(f)</sup>  | 1915 | 1983 |
| Freddie Mac Pool #SD8460 4.50% 9/1/2054 <sup>(f)</sup>  | 6233 | 5967 |
| Freddie Mac Pool #QJ3931 6.50% 9/1/2054 <sup>(f)</sup>  | 662 | 685 |
| Freddie Mac Pool #SD8467 4.50% 10/1/2054 <sup>(f)</sup>  | 3502 | 3352 |
| Freddie Mac Pool #QJ8974 6.50% 10/1/2054 <sup>(f)</sup>  | 52 | 53 |
| Freddie Mac Pool #SD6652 3.50% 11/1/2054 <sup>(f)</sup>  | 4902 | 4421 |
| Freddie Mac Pool #SD8491 5.00% 12/1/2054 <sup>(f)</sup>  | 7744 | 7597 |
| Freddie Mac Pool #SD8496 6.00% 1/1/2055 <sup>(f)</sup>  | 5580 | 5674 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(f)</sup>  | 25398 | 25826 |
| Freddie Mac Pool #SD8508 6.50% 2/1/2055 <sup>(f)</sup>  | 22644 | 23401 |
| Freddie Mac Pool #SD8516 6.00% 3/1/2055 <sup>(f)</sup>  | 9838 | 10004 |
| Freddie Mac Pool #SD8524 5.50% 4/1/2055 <sup>(f)</sup>  | 4954 | 4956 |
| Freddie Mac Pool #SD8526 6.50% 4/1/2055 <sup>(f)</sup>  | 8808 | 9102 |
| Freddie Mac Pool #SD8537 3.50% 5/1/2055 <sup>(f)</sup>  | 5049 | 4549 |
| Freddie Mac Pool #SD8531 4.50% 5/1/2055 <sup>(f)</sup>  | 3994 | 3823 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 20-3, Class AC, 2.00% 11/25/2030 <sup>(f)</sup>  | 243 | 219 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 21-1, Class AC, 2.25% 5/26/2031 <sup>(f)</sup>  | 237 | 216 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 21-2, Class AD, 2.00% 7/25/2031 <sup>(f)</sup>  | 261 | 234 |
| Freddie Mac Seasoned Loan Structured Transaction Trust, Series 20-2, Class AC, 2.00% 9/27/2060 <sup>(f)</sup>  | 248 | 225 |
| Uniform Mortgage-Backed Security 2.50% 7/1/2055 <sup>(f)</sup>  | 17239 | 14296 |
| Uniform Mortgage-Backed Security 4.00% 7/1/2055 <sup>(f)</sup>  | 2303 | 2142 |
| Uniform Mortgage-Backed Security 4.50% 7/1/2055 <sup>(f)</sup>  | 216 | 207 |
|  |  | 699597 |
| **Collateralized mortgage-backed obligations (privately originated) 4.71%** |  |  |
| Atlas SP, Series 2024-RPL1, Class A1, 3.85% 4/25/2064 (4.85% on 8/1/2028) <sup>(c)(e)(f)</sup>  | 2069 | 2001 |
| BRAVO Residential Funding Trust, Series 2024-RPL1, Class A1, 3.25% 10/25/2063 <sup>(c)(d)(f)</sup>  | 4538 | 4201 |
| BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on <br> 5/1/2027) <sup>(c)(e)(f)</sup>  | 2622 | 2639 |
| Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029 (9.405% on <br> 11/25/2027) <sup>(c)(e)(f)</sup>  | 7027 | 7066 |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class M1, 4.25% 4/25/2033 <sup>(c)(d)(f)</sup>  | 500 | 492 |
| Cascade Funding Mortgage Trust, Series 2024-HB13, Class M1, 3.00% 5/25/2034 <sup>(c)(d)(f)</sup>  | 2100 | 2004 |
| Cascade Funding Mortgage Trust, Series 2024-HB13, Class A, 3.00% 5/25/2034 <sup>(c)(d)(f)</sup>  | 706 | 695 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(c)(d)(f)</sup>  | 922 | 914 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(c)(d)(f)</sup>  | 291 | 282 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(c)(d)(f)</sup>  | 5041 | 4934 |
| Cascade Funding Mortgage Trust, Series 2024-R1, Class A1, 4.00% 10/25/2054 (5.00% on 10/25/2028) <sup>(c)(e)(f)</sup>  | 2414 | 2371 |

---

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)** |  |  |
| Cascade Funding Mortgage Trust, Series 2024-R1, Class A2, 4.00% 10/25/2054 (5.00% on 10/25/2028) <sup>(c)(e)(f)</sup>  | USD<br> 300<br>| $289 |
| CIM Trust, Series 2023-R1, Class A1A, 5.40% 4/25/2062 <sup>(c)(d)(f)</sup>  | 3700 | 3680 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(c)(e)(f)</sup>  | 1470 | 1454 |
| Connecticut Avenue Securities Trust, Series 2022-R07, Class 1M1, (30-day Average USD-SOFR + 2.95%) <br> 7.255% 6/25/2042 <sup>(c)(d)(f)</sup>  | 78 | 80 |
| Connecticut Avenue Securities Trust, Series 2023-R01, Class 1M1, (30-day Average USD-SOFR + 2.40%) <br> 6.705% 12/25/2042 <sup>(c)(d)(f)</sup>  | 229 | 235 |
| Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M1, (30-day Average USD-SOFR + 2.30%) <br> 6.605% 5/25/2043 <sup>(c)(d)(f)</sup>  | 328 | 335 |
| Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M1, (30-day Average USD-SOFR + 1.05%) <br> 5.355% 1/25/2044 <sup>(c)(d)(f)</sup>  | 91 | 91 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 5.405% 2/25/2044 <sup>(c)(d)(f)</sup>  | 104 | 104 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 5.305% 5/25/2044 <sup>(c)(d)(f)</sup>  | 263 | 263 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 5.405% 5/25/2044 <sup>(c)(d)(f)</sup>  | 217 | 217 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M1, (30-day Average USD-SOFR + 1.05%) <br> 5.355% 9/25/2044 <sup>(c)(d)(f)</sup>  | 251 | 251 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M2, (30-day Average USD-SOFR + 1.60%) <br> 5.905% 9/25/2044 <sup>(c)(d)(f)</sup>  | 412 | 414 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 5.305% 2/25/2045 <sup>(c)(d)(f)</sup>  | 584 | 585 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1M1, (30-day Average USD-SOFR + 1.15%) <br> 5.455% 2/25/2045 <sup>(c)(d)(f)</sup>  | 1517 | 1519 |
| Finance of America HECM Buyout, Series 24-HB1, Class A1A, 4.00% 10/1/2034 <sup>(c)(d)(f)</sup>  | 4680 | 4651 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(c)(e)(f)</sup>  | 3072 | 2959 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA1, Class A1, (30-day Average <br> USD-SOFR + 1.35%) 5.655% 2/25/2044 <sup>(c)(d)(f)</sup>  | 432 | 434 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class M1, (30-day Average <br> USD-SOFR + 1.20%) 5.505% 5/25/2044 <sup>(c)(d)(f)</sup>  | 1378 | 1381 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.25%) 5.555% 5/25/2044 <sup>(c)(d)(f)</sup>  | 1478 | 1485 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.10%) 5.405% 5/25/2045 <sup>(c)(d)(f)</sup>  | 1477 | 1478 |
| GCAT Trust, Series 2024-NQM1, Class A1, 6.007% 1/25/2059 (7.007% on 1/1/2028) <sup>(c)(e)(f)</sup>  | 176 | 177 |
| GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028) <sup>(c)(e)(f)</sup>  | 323 | 325 |
| GS Mortgage-Backed Securities Trust, Series 2024-RPL2, Class A1, 3.75% 7/25/2061 (4.75% on <br> 2/1/2028) <sup>(c)(e)(f)</sup>  | 233 | 227 |
| JP Morgan Mortgage Trust, Series 2016-3, Class B2, 3.307% 10/25/2046 <sup>(c)(d)(f)</sup>  | 238 | 229 |
| JP Morgan Mortgage Trust, Series 2017-1, Class B2, 3.447% 1/25/2047 <sup>(c)(d)(f)</sup>  | 411 | 373 |
| JP Morgan Mortgage Trust, Series 2019-6, Class B3, 4.267% 12/25/2049 <sup>(c)(d)(f)</sup>  | 1060 | 990 |
| Legacy Mortgage Asset Trust, Series 2021-GS4, Class A1, 4.65% 11/25/2060 (4.65% on 7/25/2025) <sup>(c)(e)(f)</sup>  | 1701 | 1702 |
| Legacy Mortgage Asset Trust, Series 2021-GS3, Class A1, 4.75% 7/25/2061 (4.75% on 7/25/2025) <sup>(c)(e)(f)</sup>  | 1440 | 1437 |
| Legacy Mortgage Asset Trust, Series 2021-GS1, Class A1, 5.892% 10/25/2066 <sup>(c)(e)(f)</sup>  | 6697 | 6702 |
| Legacy Mortgage Asset Trust, Series 2021-GS5, Class A1, 5.25% 7/25/2067 (6.25% on 11/25/2025) <sup>(c)(e)(f)</sup>  | 302 | 301 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM2, Class A1, 6.386% 5/25/2069 (7.386% <br> on 5/1/2028) <sup>(c)(e)(f)</sup>  | 1958 | 1980 |
| New Residential Mortgage Loan Trust, Series 2025-NQM2, Class A1, 5.566% 5/25/2065 <sup>(c)(e)(f)</sup>  | 2567 | 2584 |
| New York Mortgage Trust, Series 2022-SP1, Class A1, 5.25% 7/25/2062 (8.25% on 7/1/2025) <sup>(c)(e)(f)</sup>  | 3886 | 3884 |
| New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/2068 <sup>(c)(d)(f)</sup>  | 135 | 125 |
| Ocwen Loan Investment Trust, Series 2024-HB1, Class A, 3.00% 2/25/2037 <sup>(c)(f)</sup>  | 691 | 675 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2024-HYB1, Class A1, 3.644% 3/25/2053 <sup>(c)(d)(f)</sup>  | 246 | 242 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2025-NQM8, Class A1, 5.472% 3/25/2065 (6.472% on <br> 5/1/2029) <sup>(c)(e)(f)</sup>  | 4355 | 4373 |
| Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 3/25/2028 (6.988% on 3/1/2028) <sup>(c)(e)(f)</sup>  | 287 | 290 |
| Onslow Bay Financial, LLC, Series 2024-HYB2, Class A1, 3.677% 4/25/2053 <sup>(c)(d)(f)</sup>  | 539 | 539 |
| Onslow Bay Financial, LLC, Series 2022-NQM6, Class A1, 4.70% 7/25/2062 (5.70% on 6/1/2026) <sup>(c)(e)(f)</sup>  | 1760 | 1763 |
| Onslow Bay Financial, LLC, Series 2024-NQM1, Class A1, 5.928% 11/25/2063 (6.928% on 12/1/2027) <sup>(c)(e)(f)</sup>  | 250 | 251 |
| Onslow Bay Financial, LLC, Series 2024-NQM4, Class A1, 6.067% 1/25/2064 (7.067% on 2/1/2028) <sup>(c)(e)(f)</sup>  | 294 | 297 |
| Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028) <sup>(c)(e)(f)</sup>  | 405 | 409 |
| Onslow Bay Financial, LLC, Series 2024-NQM8, Class A1, 6.233% 5/25/2064 (7.233% on 5/1/2028) <sup>(c)(e)(f)</sup>  | 3206 | 3244 |

---

---

| | |
|:---|:---|
| **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)** |  |  |
| Onslow Bay Financial, LLC, Series 2024-NQM17, Class A1, 5.61% 11/25/2064 (6.61% on 11/1/2028) <sup>(c)(e)(f)</sup>  | USD<br> 1,328<br>| $1332 |
| Onslow Bay Financial, LLC, Series 2025-NQM1, Class A1, 5.547% 12/25/2064 (6.547% on 12/1/2028) <sup>(c)(e)(f)</sup>  | 2766 | 2778 |
| PMT Loan Trust, Series 2024-INV1, Class A2, 6.00% 10/25/2059 <sup>(c)(d)(f)</sup>  | 714 | 720 |
| Progress Residential Trust, Series 2025-SFR3, Class B, 3.39% 7/17/2030 <sup>(c)(f)</sup>  | 4000 | 3702 |
| Progress Residential Trust, Series 2025-SFR3, Class D, 3.39% 7/17/2030 <sup>(c)(f)</sup>  | 3000 | 2684 |
| Progress Residential Trust, Series 2021-SFR6, Class A, 1.524% 7/17/2038 <sup>(c)(f)</sup>  | 391 | 382 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(c)(f)</sup>  | 1495 | 1409 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(c)(e)(f)</sup>  | 1816 | 1739 |
| Starwood Mortgage Residential Trust, Series 2025-SFR5, Class A, (1-month USD CME Term SOFR + 1.45%) <br> 5.762% 2/17/2042 <sup>(c)(d)(f)</sup>  | 300 | 300 |
| Starwood Mortgage Residential Trust, Series 2025-SFR5, Class B, (1-month USD CME Term SOFR + 1.75%) <br> 6.062% 2/17/2042 <sup>(c)(d)(f)</sup>  | 2500 | 2504 |
| Towd Point Mortgage Trust, Series 2019-HY1, Class A1, (1-month USD CME Term SOFR + 1.115%) 5.434% <br> 10/25/2048 <sup>(c)(d)(f)</sup>  | 4426 | 4435 |
| Towd Point Mortgage Trust, Series 2015-5, Class B1, 4.009% 5/25/2055 <sup>(c)(d)(f)</sup>  | 2490 | 2450 |
| Towd Point Mortgage Trust, Series 2019-HY2, Class A1, (1-month USD CME Term SOFR + 1.114%) 5.434% <br> 5/25/2058 <sup>(c)(d)(f)</sup>  | 2026 | 2075 |
| Towd Point Mortgage Trust, Series 2019-HY3, Class A1A, (1-month USD CME Term SOFR + 1.115%) 5.434% <br> 10/25/2059 <sup>(c)(d)(f)</sup>  | 2356 | 2375 |
| Towd Point Mortgage Trust, Series 2024-3, Class A1A, 5.107% 7/25/2065 <sup>(c)(d)(f)</sup>  | 1175 | 1198 |
| Verus Securitization Trust, Series 2024-3, Class A1, 6.338% 4/25/2069 (7.338% on 4/1/2028) <sup>(c)(e)(f)</sup>  | 744 | 753 |
| Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028) <sup>(c)(e)(f)</sup>  | 789 | 798 |
| Verus Securitization Trust, Series 24-R1, Class A1, 5.218% 9/25/2069 (6.218% on 10/1/2028) <sup>(c)(e)(f)</sup>  | 818 | 818 |
| Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 <sup>(c)(d)(f)</sup>  | 1346 | 1349 |
|  |  | 116424 |
| **Commercial mortgage-backed securities 4.60%** |  |  |
| ALA Trust, Series 2025-OANA, Class A, (1-month USD CME Term SOFR + 1.743%) 6.043% 6/15/2030 <sup>(c)(d)(f)</sup>  | 4260 | 4290 |
| AMSR Trust, Series 2025-SFR1, Class A, 3.655% 6/17/2030 <sup>(c)(f)</sup>  | 4423 | 4233 |
| AMSR Trust, Series 2025-SFR1, Class C, 3.655% 6/17/2030 <sup>(c)(f)</sup>  | 878 | 813 |
| AMSR Trust, Series 2025-SFR1, Class D, 3.655% 6/17/2030 <sup>(c)(f)</sup>  | 852 | 780 |
| AMSR Trust, Series 2025-SFR1, Class B, 3.655% 6/17/2030 <sup>(c)(f)</sup>  | 396 | 372 |
| ARES Commercial Mortgage Trust, Series 24-IND, Class A, (1-month USD CME Term SOFR + 1.69%) 6.003% <br> 7/15/2041 <sup>(c)(d)(f)</sup>  | 447 | 448 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class A, 5.409% 11/10/2029 <sup>(c)(d)(f)</sup>  | 1870 | 1909 |
| Bank Commercial Mortgage Trust, Series 2024-BNK48, Class AS, 5.355% 10/15/2034 <sup>(d)(f)</sup>  | 766 | 770 |
| Bank Commercial Mortgage Trust, Series 2025-BNK49, Class A5, 5.623% 3/15/2058 <sup>(d)(f)</sup>  | 2079 | 2176 |
| Bank Commercial Mortgage Trust, Series 2019-BN19, Class A3, 3.183% 8/15/2061 <sup>(f)</sup>  | 35 | 33 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class A3, 5.659% 5/15/2058 <sup>(f)</sup>  | 5328 | 5562 |
| Benchmark Mortgage Trust, Series 2018-B2, Class A5, 3.882% 2/15/2051 <sup>(d)(f)</sup>  | 38 | 37 |
| Benchmark Mortgage Trust, Series 2021-B25, Class A5, 2.577% 4/15/2054 <sup>(f)</sup>  | 250 | 220 |
| Benchmark Mortgage Trust, Series 2024-V5, Class AM, 6.417% 1/10/2057 <sup>(f)</sup>  | 118 | 123 |
| Benchmark Mortgage Trust, Series 2024-V9, Class A3, 5.602% 8/15/2057 <sup>(f)</sup>  | 689 | 713 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, (1-month USD CME Term SOFR + 1.342%) <br> 5.654% 3/15/2041 <sup>(c)(d)(f)</sup>  | 298 | 299 |
| BMO Mortgage Trust, Series 2024-5C5, Class AS, 6.364% 2/15/2057 <sup>(d)(f)</sup>  | 985 | 1032 |
| BMO Mortgage Trust, Series 2025-5C9, Class A3, 5.7785% 4/15/2058 <sup>(f)</sup>  | 2759 | 2883 |
| BMO Mortgage Trust, Series 2025-5C9, Class AS, 6.165% 4/15/2058 <sup>(d)(f)</sup>  | 1485 | 1554 |
| BMP Trust, Series 2024-MF23, Class A, (1-month USD CME Term SOFR + 1.372%) 5.684% 6/15/2041 <sup>(c)(d)(f)</sup>  | 1996 | 2001 |
| BX Commercial Mortgage Trust, Series 2024-GPA3, Class A, (1-month USD CME Term SOFR + 1.293%) <br> 5.605% 12/15/2039 <sup>(c)(d)(f)</sup>  | 2165 | 2170 |
| BX Trust, Series 2024-FNX, Class A, (1-month USD CME Term SOFR + 1.442%) 5.754% 11/15/2026 <sup>(c)(d)(f)</sup>  | 2805 | 2811 |
| BX Trust, Series 2024-KING, Class A, (1-month USD CME Term SOFR + 1.541%) 5.853% 5/15/2034 <sup>(c)(d)(f)</sup>  | 655 | 656 |
| BX Trust, Series 2021-VOLT, Class A, (1-month USD CME Term SOFR + 0.814%) 5.126% 9/15/2036 <sup>(c)(d)(f)</sup>  | 1938 | 1932 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 5.302% 2/15/2039 <sup>(c)(d)(f)</sup>  | 1500 | 1500 |
| BX Trust, Series 2024-AIRC, Class A, (1-month USD CME Term SOFR + 1.691%) 6.003% 8/15/2039 <sup>(c)(d)(f)</sup>  | 2404 | 2416 |
| BX Trust, Series 2024-BIO2, Class A, 5.594% 8/13/2041 <sup>(c)(d)(f)</sup>  | 4754 | 4823 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(c)(f)</sup>  | 3926 | 4036 |
| CALI Mortgage Trust, Series 24-SUN, Class A, (1-month USD CME Term SOFR + 1.89%) 6.203% <br> 7/15/2041 <sup>(c)(d)(f)</sup>  | 994 | 997 |

---

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)** |  |  |
| CART, Series 2024-DFW1, Class A, (1-month USD CME Term SOFR + 1.642%) 5.953% 8/15/2041 <sup>(c)(d)(f)</sup>  | USD<br> 1,613<br>| $1609 |
| CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(f)</sup>  | 312 | 303 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC37, Class A4, 3.314% 4/10/2049 <sup>(f)</sup>  | 280 | 277 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX9, Class A4, 3.176% 9/15/2050 <sup>(f)</sup>  | 319 | 313 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.1908% 11/15/2050 <sup>(f)</sup>  | 56 | 55 |
| ELM Trust 2024, Series 2024-ELM, Class B10, 6.195% 6/10/2039 <sup>(c)(d)(f)</sup>  | 1057 | 1066 |
| ELM Trust 2024, Series 2024-ELM, Class B15, 6.195% 6/10/2039 <sup>(c)(d)(f)</sup>  | 949 | 955 |
| ELM Trust 2024, Series 2024-ELM, Class C15, 6.396% 6/10/2039 <sup>(c)(d)(f)</sup>  | 661 | 664 |
| ELM Trust 2024, Series 2024-ELM, Class C10, 6.396% 6/10/2039 <sup>(c)(d)(f)</sup>  | 595 | 598 |
| ELM Trust 2024, Series 2024-ELM, Class D10, 6.847% 6/10/2039 <sup>(c)(d)(f)</sup>  | 234 | 235 |
| ELM Trust 2024, Series 2024-ELM, Class D15, 6.897% 6/10/2029 <sup>(c)(d)(f)</sup>  | 210 | 211 |
| Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class A, (1-month USD CME Term SOFR + 1.45%) <br> 5.762% 12/15/2029 <sup>(c)(d)(f)</sup>  | 1067 | 1069 |
| Great Wolf Trust, Series 2024-WLF2, Class A, (1-month USD CME Term SOFR + 1.691%) 6.003% <br> 5/15/2041 <sup>(c)(d)(f)</sup>  | 1446 | 1452 |
| GS Mortgage Securities Trust, Series 2024-70P, Class A, 5.487% 3/10/2041 <sup>(c)(d)(f)</sup>  | 479 | 482 |
| GS Mortgage Securities Trust, Series 2017-GS5, Class A4, 3.674% 3/10/2050 <sup>(f)</sup>  | 3025 | 2959 |
| GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(f)</sup>  | 378 | 368 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class A, (1-month USD CME Term SOFR + 1.393%) 5.705% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 2177 | 2181 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class B, (1-month USD CME Term SOFR + 1.742%) 6.054% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 1040 | 1041 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class C, (1-month USD CME Term SOFR + 2.042%) 6.354% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 633 | 633 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.913% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 1222 | 1222 |
| Hilton USA Trust, Series 2024-ORL, Class A, (1-month USD CME Term SOFR + 1.541%) 5.853% <br> 5/15/2037 <sup>(c)(d)(f)</sup>  | 1500 | 1503 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.644% 2/5/2045 <sup>(c)(d)(f)</sup>  | 2271 | 2335 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 5.876% 5/10/2039 <sup>(c)(d)(f)</sup>  | 177 | 179 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class B, 6.555% 5/10/2039 <sup>(c)(d)(f)</sup>  | 594 | 600 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class C, 7.088% 5/10/2039 <sup>(c)(d)(f)</sup>  | 189 | 191 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.649% 1/13/2040 <sup>(c)(d)(f)</sup>  | 5582 | 5760 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class A, (1-month USD CME Term SOFR + 1.35%) 5.662% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 4991 | 4977 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class A, (1-month USD CME Term SOFR + <br> 1.593%) 5.905% 11/15/2039 <sup>(c)(d)(f)</sup>  | 921 | 923 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class A, (1-month USD CME Term SOFR + 1.542%) <br> 5.854% 12/15/2039 <sup>(c)(d)(f)</sup>  | 3983 | 3982 |
| LV Trust, Series 2024-SHOW, Class A, 5.274% 10/10/2041 <sup>(c)(d)(f)</sup>  | 2549 | 2577 |
| Morgan Stanley BAML Trust, Series 2025-5C1, Class AS, 6.011% 3/15/2030 <sup>(f)</sup>  | 2168 | 2241 |
| Multi Family Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 8.305% 11/25/2053 <sup>(c)(d)(f)</sup>  | 2306 | 2394 |
| Multi Family Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%) <br> 7.055% 7/25/2054 <sup>(c)(d)(f)</sup>  | 601 | 606 |
| Multi Family Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.705% 5/25/2055 <sup>(c)(d)(f)</sup>  | 721 | 723 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class A, 5.664% 2/10/2047 <sup>(c)(d)(f)</sup>  | 2059 | 2144 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class A, (1-month USD CME Term SOFR + 1.392%) <br> 5.703% 5/15/2039 <sup>(c)(d)(f)</sup>  | 354 | 354 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.576% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(c)(e)(f)</sup>  | 1750 | 1743 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, (1-month USD CME Term SOFR + 1.443%) <br> 5.755% 3/15/2042 <sup>(c)(d)(f)</sup>  | 8074 | 8028 |
| UBS Commercial Mortgage Trust, Series 2017-C2, Class A4, 3.487% 8/15/2050 <sup>(f)</sup>  | 250 | 244 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5, 3.418% 9/15/2050 <sup>(f)</sup>  | 421 | 409 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C40, Class AS, 3.854% 10/15/2050 <sup>(d)(f)</sup>  | 300 | 290 |
| WHARF Commercial Mortgage Trust, Series 2025-DC, Class A, 5.349% 7/15/2040 <sup>(c)(d)(f)</sup>  | 2333 | 2381 |
|  |  | 113866 |
| **Total mortgage-backed obligations** |  | 929887 |

---

---

| | |
|:---|:---|
| **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 10.68%** | **U.S. Treasury bonds & notes 10.68%** | **U.S. Treasury bonds & notes 10.68%** |
| **U.S. Treasury 10.68%** |  |  |
| U.S. Treasury 4.50% 5/31/2029  | USD<br> 19,630<br>| $20168 |
| U.S. Treasury 4.125% 10/31/2029  | 15450 | 15672 |
| U.S. Treasury 4.125% 3/31/2031  | 440 | 446 |
| U.S. Treasury 4.625% 4/30/2031 <sup>(g)</sup>  | 22777 | 23648 |
| U.S. Treasury 4.125% 10/31/2031  | 7170 | 7244 |
| U.S. Treasury 4.375% 1/31/2032  | 14124 | 14459 |
| U.S. Treasury 4.125% 5/31/2032  | 10485 | 10573 |
| U.S. Treasury 4.00% 2/15/2034  | 605 | 599 |
| U.S. Treasury 4.625% 2/15/2035  | 7229 | 7459 |
| U.S. Treasury 1.125% 5/15/2040  | 7690 | 4783 |
| U.S. Treasury 4.75% 2/15/2041  | 4570 | 4630 |
| U.S. Treasury 3.75% 11/15/2043 <sup>(g)</sup>  | 20531 | 17933 |
| U.S. Treasury 4.625% 5/15/2044 <sup>(g)</sup>  | 45000 | 44126 |
| U.S. Treasury 5.00% 5/15/2045  | 6696 | 6878 |
| U.S. Treasury 2.00% 2/15/2050 <sup>(g)</sup>  | 40660 | 23877 |
| U.S. Treasury 3.00% 8/15/2052 <sup>(g)</sup>  | 43590 | 31464 |
| U.S. Treasury 4.25% 2/15/2054  | 12865 | 11740 |
| U.S. Treasury 4.625% 2/15/2055  | 18890 | 18386 |
|  |  | 264085 |
| **Asset-backed obligations 9.51%** | **Asset-backed obligations 9.51%** | **Asset-backed obligations 9.51%** |
| ACHV ABS Trust, Series 2024-2PL, Class A, 5.07% 10/27/2031 <sup>(c)(f)</sup>  | 1302 | 1307 |
| Affirm, Inc., Series 2023-B, Class A, 6.82% 9/15/2028 <sup>(c)(f)</sup>  | 1230 | 1235 |
| Affirm, Inc., Series 2024, Class 1A, 5.61% 2/15/2029 <sup>(c)(f)</sup>  | 3143 | 3158 |
| Affirm, Inc., Series 2024-A, Class A, 5.61% 2/15/2029 <sup>(c)(f)</sup>  | 139 | 140 |
| Affirm, Inc., Series 2024-X1, Class A, 6.27% 5/15/2029 <sup>(c)(f)</sup>  | 60 | 60 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class B, 5.60% 11/12/2027 <sup>(c)(f)</sup>  | 30 | 30 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class C, 5.63% 1/14/2030 <sup>(c)(f)</sup>  | 313 | 314 |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class D, 6.53% 4/12/2030 <sup>(c)(f)</sup>  | 683 | 700 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 <sup>(c)(f)</sup>  | 1096 | 1119 |
| Auxilior Term Funding, LLC, Series 24-1, Class A2, 5.84% 3/15/2027 <sup>(c)(f)</sup>  | 263 | 264 |
| Auxilior Term Funding, LLC, Series 2023-1A, Class A3, 5.70% 2/15/2030 <sup>(c)(f)</sup>  | 170 | 173 |
| Auxilior Term Funding, LLC, Series 24-1, Class A3, 5.49% 7/15/2031 <sup>(c)(f)</sup>  | 613 | 627 |
| Avant Credit Card Master Trust, Series 2024-2A, Class A, 5.38% 5/15/2029 <sup>(c)(f)</sup>  | 5000 | 4987 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-1A, Class A, 2.33% 8/20/2026 <sup>(c)(f)</sup>  | 33 | 33 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-1A, Class A, 4.80% 8/20/2029 <sup>(c)</sup>  | 753 | 762 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class A, 5.81% 12/20/2029 <sup>(c)(f)</sup>  | 250 | 260 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8, Class A, 6.02% 2/20/2030 <sup>(c)(f)</sup>  | 150 | 157 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2024-1, Class A, 5.36% 6/20/2030 <sup>(c)(f)</sup>  | 117 | 120 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-2A, Class A, 5.12% 8/20/2031 <sup>(c)</sup>  | 3503 | 3572 |
| AXIS Equipment Finance Receivables, LLC, Series 2025-1A, Class A2, 4.70% 9/22/2031 <sup>(c)</sup>  | 2479 | 2496 |
| Ballyrock, Ltd., CLO, Series 2019-2A, Class A1R, (3-month USD CME Term SOFR + 1.40%) 5.722% <br> 2/20/2036 <sup>(c)(d)(f)</sup>  | 480 | 481 |
| Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 11/17/2033 <sup>(c)(f)</sup>  | 76 | 74 |
| Beacon Container Finance II, LLC, Series 2021-1A, Class A, 2.25% 10/22/2046 <sup>(c)(f)</sup>  | 3412 | 3140 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class A2, 5.05% 3/15/2029 <sup>(c)(f)</sup>  | 523 | 525 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class C, 6.38% 1/15/2031 <sup>(c)(f)</sup>  | 139 | 141 |
| BofA Auto Trust, Series 2024-1, Class A4, 5.31% 6/17/2030 <sup>(c)(f)</sup>  | 1000 | 1020 |
| Brex Commercial Charge Card Master Trust, Series 2024-1, Class A1, 6.05% 7/15/2027 <sup>(c)(f)</sup>  | 403 | 406 |
| Bridge Trust, Series 2024-SFR1, Class A, 4.00% 8/17/2040 <sup>(c)(f)</sup>  | 4977 | 4819 |
| Bridgecrest Lending Auto Securitization Trust, Series 2023-1, Class A3, 6.51% 11/15/2027 <sup>(f)</sup>  | 24 | 24 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class A3, 5.53% 1/18/2028 <sup>(f)</sup>  | 52 | 52 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class B, 5.43% 8/15/2028 <sup>(f)</sup>  | 67 | 67 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class C, 5.65% 4/16/2029 <sup>(f)</sup>  | 99 | 100 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-4, Class B, 4.77% 8/15/2030 <sup>(f)</sup>  | 656 | 657 |
| Business Jet Securities, LLC, Series 2024-2A, Class A, 5.346% 9/15/2039 <sup>(c)(f)</sup>  | 1105 | 1109 |
| CAL Funding IV, Ltd., Series 2020-1A, Class A, 2.22% 9/25/2045 <sup>(c)(f)</sup>  | 1977 | 1868 |
| Capteris Equipment Finance, Series 2024-1, Class A2, 5.58% 7/20/2032 <sup>(c)(f)</sup>  | 1866 | 1892 |
| CarMax Auto Owner Trust, Series 2024-1, Class A4, 4.94% 8/15/2029 <sup>(f)</sup>  | 500 | 508 |
| CarMax Select Receivables Trust, Series 2024-A, Class A2A, 5.78% 9/15/2027 <sup>(f)</sup>  | 153 | 154 |
| Carvana Auto Receivables Trust, Series 2023-N4, Class A, 6.42% 1/10/2028 <sup>(c)(f)</sup>  | 53 | 53 |

---

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)** |
| Carvana Auto Receivables Trust, Series 2024-P3, Class A3, 4.26% 10/10/2029 <sup>(f)</sup>  | USD<br> 2,000<br>| $1999 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(c)(f)</sup>  | 3348 | 3399 |
| CCG Receivables Trust, Series 2025-1, Class D, 5.28% 10/14/2032 <sup>(c)(f)</sup>  | 201 | 203 |
| CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 <sup>(c)(f)</sup>  | 5056 | 5003 |
| CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/2061 <sup>(c)(f)</sup>  | 3722 | 3583 |
| Citizens Auto Receivables Trust, Series 2024-1, Class A3, 5.11% 4/17/2028 <sup>(c)(f)</sup>  | 111 | 112 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A4, 5.74% 10/15/2030 <sup>(c)(f)</sup>  | 150 | 153 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class A2, 4.71% 8/20/2032 <sup>(c)(f)</sup>  | 1189 | 1190 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class B, 4.79% 8/20/2032 <sup>(c)(f)</sup>  | 1691 | 1693 |
| CLI Funding VI, LLC, Series 2020-3A, Class A, 2.07% 10/18/2045 <sup>(c)(f)</sup>  | 442 | 412 |
| CLI Funding VIII, LLC, Series 2021-1A, Class A, 2.38% 2/18/2046 <sup>(c)(f)</sup>  | 1447 | 1325 |
| CLI Funding VIII, LLC, Series 2022-1, Class A, 2.72% 1/18/2047 <sup>(c)(f)</sup>  | 3899 | 3565 |
| Commercial Equipment Finance, Series 2024-1, Class A, 5.97% 7/16/2029 <sup>(c)(f)</sup>  | 194 | 196 |
| CPS Auto Receivables Trust, Series 2024-A, Class B, 5.65% 5/15/2028 <sup>(c)(f)</sup>  | 100 | 100 |
| CPS Auto Receivables Trust, Series 2024-D, Class A, 4.91% 6/15/2028 <sup>(c)(f)</sup>  | 249 | 249 |
| CPS Auto Receivables Trust, Series 2024-C, Class B, 5.68% 12/15/2028 <sup>(c)(f)</sup>  | 505 | 509 |
| CPS Auto Receivables Trust, Series 2024-A, Class C, 5.74% 4/15/2030 <sup>(c)(f)</sup>  | 100 | 101 |
| CPS Auto Receivables Trust, Series 2024-A, Class D, 6.13% 4/15/2030 <sup>(c)(f)</sup>  | 100 | 102 |
| Crossroads Asset Trust, Series 2024-A, Class A2, 5.90% 8/20/2030 <sup>(c)(f)</sup>  | 442 | 447 |
| Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.35% 2/15/2028 <sup>(f)</sup>  | 51 | 51 |
| Drive Auto Receivables Trust, Series 2024-1, Class B, 5.31% 1/16/2029 <sup>(f)</sup>  | 122 | 123 |
| Dryden Senior Loan Fund, CLO, Series 2016-45A, Class A1RR, (3-month USD CME Term SOFR + 1.08%) <br> 5.336% 10/15/2030 <sup>(c)(d)(f)</sup>  | 2306 | 2306 |
| Enterprise Fleet Financing, LLC, Series 2024-3, Class A2, 5.31% 4/20/2027 <sup>(c)(f)</sup>  | 669 | 672 |
| Enterprise Fleet Financing, LLC, Series 2024-4, Class A2, 4.69% 7/20/2027 <sup>(c)(f)</sup>  | 1611 | 1614 |
| Enterprise Fleet Financing, LLC, Series 2024-1, Class A2, 5.23% 3/20/2030 <sup>(c)(f)</sup>  | 105 | 105 |
| Enterprise Fleet Financing, LLC, Series 2024-1, Class A3, 5.16% 9/20/2030 <sup>(c)(f)</sup>  | 108 | 110 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(c)(f)</sup>  | 2257 | 2292 |
| EquipmentShare, Series 2024-2M, Class B, 6.43% 12/20/2032 <sup>(c)(f)</sup>  | 1438 | 1459 |
| EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 <sup>(c)</sup>  | 2249 | 2265 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(c)(f)</sup>  | 410 | 414 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class A3, 5.31% 8/16/2027 <sup>(f)</sup>  | 11 | 11 |
| Exeter Automobile Receivables Trust, Series 2023-5A, Class B, 6.58% 4/17/2028 <sup>(f)</sup>  | 80 | 81 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class B, 5.29% 8/15/2028 <sup>(f)</sup>  | 116 | 116 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class C, 5.41% 5/15/2030 <sup>(f)</sup>  | 121 | 122 |
| First National Master Note Trust, Series 2023-2, Class A, 5.77% 9/17/2029 <sup>(f)</sup>  | 150 | 153 |
| First National Master Note Trust, Series 2025-1, Class A, 4.85% 2/15/2030 <sup>(f)</sup>  | 2087 | 2125 |
| Ford Credit Auto Owner Trust, Series 2023-B, Class A4, 5.06% 2/15/2029 <sup>(f)</sup>  | 100 | 101 |
| Ford Credit Auto Owner Trust, Series 2023-1, Class A, 4.85% 8/15/2035 <sup>(c)(f)</sup>  | 150 | 152 |
| Ford Credit Floorplan Master Owner Trust, Series 2024-3, Class A1, 4.30% 9/15/2029 <sup>(c)(f)</sup>  | 2725 | 2732 |
| Ford Credit Floorplan Master Owner Trust, Series 2025-1, Class A1, 4.63% 4/15/2030  | 3116 | 3154 |
| Fortress Credit BSL, Ltd., Series 2019-2A, Class A1AR, (3-month USD CME Term SOFR + 1.05%) 5.319% <br> 10/20/2032 <sup>(c)(d)(f)</sup>  | 732 | 732 |
| Frontier Issuer LLC, Series 2023-1, CLass A2, 6.6% 8/20/2053 <sup>(c)</sup>  | 3910 | 3972 |
| Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 10/17/2040 <sup>(c)(f)</sup>  | 119 | 113 |
| Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 11/19/2040 <sup>(c)(f)</sup>  | 121 | 115 |
| Global SC Finance VII SRL, Series 2021-1A, Class A, 1.86% 4/17/2041 <sup>(c)(f)</sup>  | 140 | 130 |
| Global SC Finance VII SRL, Series 2021-2A, Class B, 2.49% 8/17/2041 <sup>(c)(f)</sup>  | 146 | 135 |
| GLS Auto Receivables Trust, Series 2023-4, Class A3, 6.42% 6/15/2027 <sup>(c)(f)</sup>  | 24 | 24 |
| GLS Auto Receivables Trust, Series 2024-3A, Class A2, 5.35% 8/16/2027 <sup>(c)(f)</sup>  | 196 | 196 |
| GLS Auto Receivables Trust, Series 2024-1, Class A3, 5.40% 9/15/2027 <sup>(c)(f)</sup>  | 24 | 25 |
| GLS Auto Receivables Trust, Series 2024-4A, Class A3, 4.75% 7/17/2028 <sup>(c)(f)</sup>  | 553 | 554 |
| GLS Auto Receivables Trust, Series 2024-4A, Class B, 4.89% 4/16/2029 <sup>(c)(f)</sup>  | 457 | 459 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class A2, 4.43% 12/17/2029 <sup>(c)(f)</sup>  | 833 | 833 |
| GLS Auto Select Receivables Trust, Series 2024-1, Class A2, 5.24% 3/15/2030 <sup>(c)(f)</sup>  | 123 | 124 |
| GLS Auto Select Receivables Trust, Series 2024-2, Class A2, 5.58% 6/17/2030 <sup>(c)(f)</sup>  | 99 | 100 |
| GM Financial Revolving Receivables Trust, Series 2023-2, Class A, 5.77% 8/11/2036 <sup>(c)(f)</sup>  | 312 | 327 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class A, 5.49% 6/25/2027 <sup>(c)(f)</sup>  | 1382 | 1390 |
| Hertz Vehicle Financing III, LLC, Series 2023-4, Class A, 6.15% 3/25/2030 <sup>(c)(f)</sup>  | 150 | 157 |
| Hertz Vehicle Financing, LLC, Series 2023-1A, Class B, 6.22% 6/25/2027 <sup>(c)(f)</sup>  | 2505 | 2518 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class A, 1.68% 12/27/2027 <sup>(c)(f)</sup>  | 250 | 241 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class B, 2.12% 12/27/2027 <sup>(c)(f)</sup>  | 150 | 144 |
| Hertz Vehicle Financing, LLC, Series 2023-3A, Class A, 5.94% 2/25/2028 <sup>(c)(f)</sup>  | 4919 | 5002 |

---

---

| | |
|:---|:---|
| **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)** |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class A, 5.44% 1/25/2029 <sup>(c)(f)</sup>  | USD<br> 517<br>| $526 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(c)(f)</sup>  | 1616 | 1624 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class C, 6.03% 9/25/2029 <sup>(c)(f)</sup>  | 1649 | 1657 |
| Horizon Aircraft Finance, Series 2024-1, Class A, 5.375% 9/15/2049 <sup>(c)(f)</sup>  | 2764 | 2771 |
| Huntington National Bank (The), Series 2024-2, Class B1, 5.44% 10/20/2032 <sup>(c)(f)</sup>  | 3081 | 3112 |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A4, 5.07% 2/15/2028 <sup>(c)(f)</sup>  | 100 | 101 |
| Juniper Valley Park CLO, Ltd., Series 2023-1, Class AR, (3-month USD CME Term SOFR + 1.25%) 5.519% <br> 7/20/2036 <sup>(c)(d)(f)</sup>  | 1958 | 1961 |
| LAD Auto Receivables Trust, Series 2023-4, Class A3, 6.10% 12/15/2027 <sup>(c)(f)</sup>  | 20 | 20 |
| LAD Auto Receivables Trust, Series 2024-1, Class A3, 5.23% 1/18/2028 <sup>(c)(f)</sup>  | 30 | 30 |
| LAD Auto Receivables Trust, Series 2023-2, Class A3, 5.42% 2/15/2028 <sup>(c)(f)</sup>  | 225 | 225 |
| LAD Auto Receivables Trust, Series 2024-1, Class A4, 5.17% 9/15/2028 <sup>(c)(f)</sup>  | 80 | 81 |
| LAD Auto Receivables Trust, Series 2024-2, Class A4, 5.46% 7/16/2029 <sup>(c)(f)</sup>  | 355 | 362 |
| Lendbuzz Securitization Trust, Series 2025-1A, Class A2, 5.10% 10/15/2030 <sup>(c)(f)</sup>  | 596 | 598 |
| Marathon CLO, Ltd., Series 2019-2A, Class A1R2, (3-month USD CME Term SOFR + 0.95%) 5.219% <br> 1/20/2033 <sup>(c)(d)(f)</sup>  | 3840 | 3823 |
| Marble Point CLO, Ltd., Series 2019-1A, Class A1R2, (3-month USD CME Term SOFR + 1.04%) 5.319% <br> 7/23/2032 <sup>(c)(d)(f)</sup>  | 2356 | 2354 |
| Mercedes-Benz Auto Receivables Trust, Series 2023-2, Class A3, 5.95% 11/15/2028 <sup>(f)</sup>  | 75 | 76 |
| Merchants Fleet Funding, LLC, Series 2024-1, Class A, 5.82% 4/20/2037 <sup>(c)(f)</sup>  | 963 | 970 |
| Mercury Financial Credit Card Master Trust, Series 2024-2A, Class A, 6.56% 7/20/2029 <sup>(c)(f)</sup>  | 1638 | 1653 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(c)(f)</sup>  | 2012 | 2030 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.58% 8/15/2029 <sup>(c)(f)</sup>  | 798 | 805 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(c)</sup>  | 3109 | 3111 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.89% 9/15/2031 <sup>(c)</sup>  | 663 | 664 |
| Navient Student Loan Trust, Series 2021-B, Class A, 0.94% 7/15/2069 <sup>(c)(f)</sup>  | 92 | 83 |
| Nelnet Student Loan Trust, Series 2025-AA, Class A1A, 5.07% 3/15/2057 <sup>(c)(f)</sup>  | 3862 | 3884 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/2061 <sup>(c)(f)</sup>  | 5000 | 4711 |
| NMEF Funding, LLC, Series 2024-A, Class A2, 5.15% 12/15/2031 <sup>(c)(f)</sup>  | 1718 | 1726 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(c)(f)</sup>  | 1502 | 1503 |
| NMEF Funding, LLC, Series 2025-A, Class B, 5.18% 7/15/2032 <sup>(c)(f)</sup>  | 1175 | 1184 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 <sup>(c)(f)</sup>  | 612 | 620 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class B, 7.15% 6/17/2031 <sup>(c)(f)</sup>  | 272 | 277 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class A, 4.98% 10/17/2031 <sup>(c)(f)</sup>  | 801 | 797 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class A, 5.08% 4/19/2032 <sup>(c)(f)</sup>  | 992 | 991 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A2, 4.74% 4/20/2027 <sup>(c)(f)</sup>  | 1444 | 1445 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class A2, 5.79% 6/21/2027 <sup>(c)(f)</sup>  | 875 | 883 |
| PEAC Solutions Receivables, LLC, Series 2025-1A, Class A2, 4.94% 10/20/2028 <sup>(c)(f)</sup>  | 1285 | 1290 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A3, 4.65% 10/20/2031 <sup>(c)(f)</sup>  | 585 | 588 |
| PFS Financing Corp., Series 2022-D, Class B, 4.90% 8/16/2027 <sup>(c)(f)</sup>  | 100 | 100 |
| PFS Financing Corp., Series 2023-A, Class A, 5.80% 3/15/2028 <sup>(c)(f)</sup>  | 150 | 151 |
| PG&E Recovery Funding, LLC, Series 2024-A, Class A1, 4.838% 6/1/2035 <sup>(f)</sup>  | 1323 | 1331 |
| Post Road Equipment Finance, Series 2024-1, Class C, 5.81% 10/15/2030 <sup>(c)(f)</sup>  | 900 | 914 |
| Prestige Auto Receivables Trust, Series 2024-2, Class A2, 4.72% 2/15/2028 <sup>(c)(f)</sup>  | 473 | 473 |
| Reach Financial, LLC, Series 2024-2, Class A, 5.88% 7/15/2031 <sup>(c)(f)</sup>  | 510 | 511 |
| Santander Drive Auto Receivables Trust, Series 2024-4, Class A2, 5.41% 7/15/2027 <sup>(f)</sup>  | 309 | 309 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.25% 4/17/2028 <sup>(f)</sup>  | 15 | 15 |
| Santander Drive Auto Receivables Trust, Series 2024-5, Class B, 4.63% 8/15/2029 <sup>(f)</sup>  | 2394 | 2401 |
| SBNA Auto Lease Trust, Series 2024-C, Class A3, 4.56% 2/22/2028 <sup>(c)(f)</sup>  | 780 | 782 |
| SBNA Auto Lease Trust, Series 2024-B, Class A4, 5.55% 12/20/2028 <sup>(c)(f)</sup>  | 1000 | 1015 |
| SCF Equipment Leasing, LLC, Series 2024-1A, Class A3, 5.52% 1/20/2032 <sup>(c)(f)</sup>  | 3597 | 3701 |
| SCF Equipment Leasing, LLC, Series 2024-1, Class B, 5.56% 4/20/2032 <sup>(c)(f)</sup>  | 3900 | 4026 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A2, 4.82% 7/22/2030 <sup>(c)(f)</sup>  | 889 | 891 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 <sup>(c)(f)</sup>  | 1658 | 1694 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(c)(f)</sup>  | 221 | 223 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class C, 5.185% 7/25/2031 <sup>(c)(f)</sup>  | 706 | 711 |
| Securitized Term Auto Receivables Trust, Series 2025-B, Class B, 4.925% 12/29/2032 <sup>(c)</sup>  | 1352 | 1357 |
| Securitized Term Auto Receivables Trust, Series 2025-B, Class C, 5.121% 12/29/2032 <sup>(c)</sup>  | 742 | 745 |
| Securitized Term Auto Receivables Trust, Series 2025-B, Class D, 5.463% 12/29/2032 <sup>(c)</sup>  | 598 | 600 |
| SFS Auto Receivables Securitization Trust, Series 2024-1, Class A3, 4.95% 5/21/2029 <sup>(c)(f)</sup>  | 234 | 235 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(c)</sup>  | 2077 | 2103 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class ARR, (3-month USD CME Term SOFR + 1.04%) 5.296% <br> 4/15/2032 <sup>(c)(d)(f)</sup>  | 5792 | 5792 |

---

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)** | **Asset-backed obligations (continued)** |
| Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 5.256% <br> 7/15/2032 <sup>(c)(d)(f)</sup>  | Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 5.256% <br> 7/15/2032 <sup>(c)(d)(f)</sup>  | USD<br> 2,516<br>| $2516 |
| Stellantis Financial Underwritten Enhanced Lease Trust, Series 2025-AA, Class A2, 4.63% 7/20/2027 <sup>(c)</sup>  | Stellantis Financial Underwritten Enhanced Lease Trust, Series 2025-AA, Class A2, 4.63% 7/20/2027 <sup>(c)</sup>  | 2675 | 2682 |
| Subway Funding, LLC, Series 2024-3, Class A2I, 5.246% 7/30/2054 <sup>(c)(f)</sup>  | Subway Funding, LLC, Series 2024-3, Class A2I, 5.246% 7/30/2054 <sup>(c)(f)</sup>  | 2535 | 2526 |
| Synchrony Card Issuance Trust, Series 2025-A1, Class A, 4.78% 2/18/2031 <sup>(f)</sup>  | Synchrony Card Issuance Trust, Series 2025-A1, Class A, 4.78% 2/18/2031 <sup>(f)</sup>  | 236 | 240 |
| Synchrony Card Issuance Trust, Series 2025-A2, Class A, 4.49% 2031  | Synchrony Card Issuance Trust, Series 2025-A2, Class A, 4.49% 2031  | 3402 | 3437 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(c)(f)</sup>  | TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(c)(f)</sup>  | 6301 | 5938 |
| Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 9/20/2045 <sup>(c)(f)</sup>  | Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 9/20/2045 <sup>(c)(f)</sup>  | 1080 | 1010 |
| Textainer Marine Containers, Ltd., Series 2021-1, Class A, 1.68% 2/20/2046 <sup>(c)(f)</sup>  | Textainer Marine Containers, Ltd., Series 2021-1, Class A, 1.68% 2/20/2046 <sup>(c)(f)</sup>  | 1463 | 1347 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 4/20/2046 <sup>(c)(f)</sup>  | Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 4/20/2046 <sup>(c)(f)</sup>  | 1778 | 1660 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class B, 2.82% 4/20/2046 <sup>(c)(f)</sup>  | Textainer Marine Containers, Ltd., Series 2021-2A, Class B, 2.82% 4/20/2046 <sup>(c)(f)</sup>  | 933 | 862 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(c)</sup>  | Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(c)</sup>  | 1677 | 1677 |
| The Huntington National Bank, Series 2025-1, Class B, 4.957% 3/21/2033 <sup>(c)(f)</sup>  | The Huntington National Bank, Series 2025-1, Class B, 4.957% 3/21/2033 <sup>(c)(f)</sup>  | 5279 | 5303 |
| Thompson Park CLO, Ltd., Series 2021-1A, Class A1R, (3-month USD CME Term SOFR + 1.05%) 5.306% <br> 4/15/2034 <sup>(c)(d)(f)</sup>  | Thompson Park CLO, Ltd., Series 2021-1A, Class A1R, (3-month USD CME Term SOFR + 1.05%) 5.306% <br> 4/15/2034 <sup>(c)(d)(f)</sup>  | 3229 | 3225 |
| TICP CLO, Ltd., Series 2018-12, Class AR, (3-month USD CME Term SOFR + 1.432%) 5.688% 7/15/2034 <sup>(c)(d)(f)</sup>  | TICP CLO, Ltd., Series 2018-12, Class AR, (3-month USD CME Term SOFR + 1.432%) 5.688% 7/15/2034 <sup>(c)(d)(f)</sup>  | 275 | 276 |
| TIF Funding II, LLC, Series 2020-1A, Class A, 2.09% 8/20/2045 <sup>(c)(f)</sup>  | TIF Funding II, LLC, Series 2020-1A, Class A, 2.09% 8/20/2045 <sup>(c)(f)</sup>  | 501 | 471 |
| TIF Funding II, LLC, Series 2021-1A, Class A, 1.65% 2/20/2046 <sup>(c)(f)</sup>  | TIF Funding II, LLC, Series 2021-1A, Class A, 1.65% 2/20/2046 <sup>(c)(f)</sup>  | 4578 | 4120 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(c)(f)</sup>  | U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(c)(f)</sup>  | 1634 | 1636 |
| United Auto Credit Securitization Trust, Series 2025-1, Class A, 4.80% 6/10/2027 <sup>(c)(f)</sup>  | United Auto Credit Securitization Trust, Series 2025-1, Class A, 4.80% 6/10/2027 <sup>(c)(f)</sup>  | 489 | 489 |
| United Auto Credit Securitization Trust, Series 2025-1, Class B, 5.05% 2/10/2028 <sup>(c)(f)</sup>  | United Auto Credit Securitization Trust, Series 2025-1, Class B, 5.05% 2/10/2028 <sup>(c)(f)</sup>  | 1613 | 1615 |
| Verdant Receivables, LLC, Series 2025-1A, Class A2, 4.85 3/13/2028 <sup>(c)</sup>  | Verdant Receivables, LLC, Series 2025-1A, Class A2, 4.85 3/13/2028 <sup>(c)</sup>  | 2162 | 2167 |
| Verdant Receivables, LLC, Series 2024-1, Class A2, 5.68% 12/12/2031 <sup>(c)(f)</sup>  | Verdant Receivables, LLC, Series 2024-1, Class A2, 5.68% 12/12/2031 <sup>(c)(f)</sup>  | 697 | 709 |
| Verdant Receivables, LLC, Series 2024-1, Class B, 5.72% 12/12/2031 <sup>(c)(f)</sup>  | Verdant Receivables, LLC, Series 2024-1, Class B, 5.72% 12/12/2031 <sup>(c)(f)</sup>  | 1750 | 1802 |
| Verdant Receivables, LLC, Series 2025-1A, Class A3, 4.96% 5/12/2033 <sup>(c)</sup>  | Verdant Receivables, LLC, Series 2025-1A, Class A3, 4.96% 5/12/2033 <sup>(c)</sup>  | 3364 | 3405 |
| Verizon Master Trust, Series 2024-1, Class A1A, 5.00% 12/20/2028 <sup>(f)</sup>  | Verizon Master Trust, Series 2024-1, Class A1A, 5.00% 12/20/2028 <sup>(f)</sup>  | 120 | 120 |
| VStrong Auto Receivables Trust, Series 2024-A, Class A3, 5.62% 12/15/2028 <sup>(c)(f)</sup>  | VStrong Auto Receivables Trust, Series 2024-A, Class A3, 5.62% 12/15/2028 <sup>(c)(f)</sup>  | 109 | 110 |
| Westlake Automobile Receivables Trust, Series 2023-4, Class A3, 6.24% 7/15/2027 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2023-4, Class A3, 6.24% 7/15/2027 <sup>(c)(f)</sup>  | 62 | 62 |
| Westlake Flooring Master Trust, Series 2024-1, Class A, 5.43% 2/15/2028 <sup>(c)(f)</sup>  | Westlake Flooring Master Trust, Series 2024-1, Class A, 5.43% 2/15/2028 <sup>(c)(f)</sup>  | 137 | 138 |
| Wheels Fleet Lease Funding, LLC, Series 24-2A, Class A1, 4.87% 6/21/2039 <sup>(c)(f)</sup>  | Wheels Fleet Lease Funding, LLC, Series 24-2A, Class A1, 4.87% 6/21/2039 <sup>(c)(f)</sup>  | 2410 | 2424 |
| Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(c)(f)</sup>  | Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(c)(f)</sup>  | 2404 | 2417 |
| Wind River CLO, Ltd., Series 2015-1A, Class A1R3, (3-month USD CME Term SOFR + 1.20%) 5.469% <br> 10/20/2030 <sup>(c)(d)(f)</sup>  | Wind River CLO, Ltd., Series 2015-1A, Class A1R3, (3-month USD CME Term SOFR + 1.20%) 5.469% <br> 10/20/2030 <sup>(c)(d)(f)</sup>  | 132 | 132 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(c)(f)</sup>  | Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(c)(f)</sup>  | 1140 | 1141 |
| World Financial Network Credit Card Master Trust, Series 2024-A, Class A, 5.47% 2/17/2031 <sup>(f)</sup>  | World Financial Network Credit Card Master Trust, Series 2024-A, Class A, 5.47% 2/17/2031 <sup>(f)</sup>  | 405 | 414 |
|  |  |  | 235081 |
| **Bonds & notes of governments & government agencies outside the U.S. 0.79%** | **Bonds & notes of governments & government agencies outside the U.S. 0.79%** | **Bonds & notes of governments & government agencies outside the U.S. 0.79%** | **Bonds & notes of governments & government agencies outside the U.S. 0.79%** |
| Romania 6.625% 2/17/2028 <sup>(c)</sup>  | Romania 6.625% 2/17/2028 <sup>(c)</sup>  | 6329 | 6550 |
| Saudi Arabia (Kingdom of) 5.125% 1/13/2028 <sup>(c)</sup>  | Saudi Arabia (Kingdom of) 5.125% 1/13/2028 <sup>(c)</sup>  | 5709 | 5806 |
| United Mexican States 6.00% 5/13/2030  | United Mexican States 6.00% 5/13/2030  | 7034 | 7287 |
|  |  |  | 19643 |
| **Municipals 0.03%** | **Municipals 0.03%** | **Municipals 0.03%** | **Municipals 0.03%** |
| **Massachusetts 0.03%** |  |  |  |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-A, 6.352% 7/1/2049  | Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-A, 6.352% 7/1/2049  | 705 | 725 |
| **Total bonds, notes & other debt instruments** (cost: $2,408,205,000) |  |  | 2432138 |
| Short-term securities 3.97% | Coupon rate |  |  |
| **Interest bearing bills & notes 0.22%** | **Interest bearing bills & notes 0.22%** | **Interest bearing bills & notes 0.22%** | **Interest bearing bills & notes 0.22%** |
| Pacific Gas and Electric Co. (USD-SOFR Index + 0.95%) 9/4/2025 <sup>(d)</sup>  | 5.300<br> %<br>| 5 | 5330 |

---

---

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

---

------

Capital Group Core Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Short-term securities (continued) | Shares | Value<br> (000)<br>|
| **Money market investments 3.75%** | **Money market investments 3.75%** | **Money market investments 3.75%** |
| Capital Group Central Cash Fund 4.35% <sup>(h)(i)</sup>  | 927683 | $92768 |
| **Total short-term securities** (cost: $98,088,000) |  | 98098 |
| **Total investment securities** 102.32% (cost: $2,506,293,000) |  | 2530236 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (2.32)% | (57258)<br>|
| **Net assets 100.00%** | $2472978 |

---

**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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Short | 1320 | 9/30/2025 | USD(274591) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(898)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 2595 | 9/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3021 |
| 10 Year U.S. Treasury Note Futures | Long | 1359 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2629 |
| 10 Year Ultra U.S. Treasury Note Futures | Long | 715 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1495 |
| 30 Year U.S. Treasury Bond Futures | Long | 986 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3540 |
| 30 Year Ultra U.S. Treasury Bond Futures | Long | 578 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2140 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $11927 |

---

**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>6/30/2025 <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 6/30/2025 <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>6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| SOFR | Annual | 3.3998% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 3/31/2027 | USD99,200 | &nbsp;&nbsp;&nbsp;&nbsp; $242 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $242 |
| SOFR | Annual | 3.376% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 3/31/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 7280 | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 21 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $263 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $263 |

---

**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>(j)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>6/30/2025 <sup>(k)</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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 1.00% | Quarterly | CDX.NA.IG.S44 | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | USD64,705 | &nbsp;&nbsp;&nbsp;&nbsp; $1433 | &nbsp;&nbsp;&nbsp;&nbsp; $1298 | &nbsp;&nbsp;&nbsp;&nbsp; $135 |

---

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

------

Capital Group Core Bond ETF (continued)

**Investments in affiliates** <sup>(i)</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>6/30/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 3.75%** | **Short-term securities 3.75%** | **Short-term securities 3.75%** | **Short-term securities 3.75%** | **Short-term securities 3.75%** | **Short-term securities 3.75%** | **Short-term securities 3.75%** | **Short-term securities 3.75%** |
| **Money market investments 3.75%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.35% <sup>(h)</sup> | $58798 | &nbsp;&nbsp; $523245 | &nbsp;&nbsp; $489248 | &nbsp;&nbsp; $(37)<br>| &nbsp;&nbsp; $10 | &nbsp;&nbsp; $92768 | &nbsp;&nbsp; $1983 |

---

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

<sup>(b)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $1,659,000, which represented 0.07% of the net assets of the fund. 

<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 $650,764,000, which represented 26.31% 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> Step bond; coupon rate may change at a later date.

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

<sup>(g)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $21,120,000, which represented 0.81% of the net assets of the fund. 

<sup>(h)</sup> Rate represents the seven-day yield at 6/30/2025.

<sup>(i)</sup> 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> 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)** |
| 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.

---

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

---

------

Capital Group Core Plus Income ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 98.46% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Mortgage-backed obligations 44.29%** | **Mortgage-backed obligations 44.29%** | **Mortgage-backed obligations 44.29%** |
| **Federal agency mortgage-backed obligations 31.08%** |  |  |
| 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 #BQ9291 2.00% 12/1/2050 <sup>(a)</sup>  | 870 | $690 |
| Fannie Mae Pool #CA8026 2.50% 12/1/2050 <sup>(a)</sup>  | 98 | 82 |
| Fannie Mae Pool #CA8587 2.00% 1/1/2051 <sup>(a)</sup>  | 1527 | 1210 |
| Fannie Mae Pool #BR1283 2.00% 1/1/2051 <sup>(a)</sup>  | 694 | 550 |
| Fannie Mae Pool #FM6332 2.00% 2/1/2051 <sup>(a)</sup>  | 2237 | 1773 |
| Fannie Mae Pool #BR3255 2.00% 2/1/2051 <sup>(a)</sup>  | 1045 | 828 |
| Fannie Mae Pool #CA8895 2.50% 2/1/2051 <sup>(a)</sup>  | 305 | 254 |
| Fannie Mae Pool #BR7124 2.00% 4/1/2051 <sup>(a)</sup>  | 5547 | 4397 |
| Fannie Mae Pool #CB0153 2.00% 4/1/2051 <sup>(a)</sup>  | 5328 | 4224 |
| Fannie Mae Pool #FM7512 2.00% 4/1/2051 <sup>(a)</sup>  | 1226 | 972 |
| Fannie Mae Pool #FM7943 2.00% 7/1/2051 <sup>(a)</sup>  | 387 | 307 |
| Fannie Mae Pool #CB1050 2.50% 7/1/2051 <sup>(a)</sup>  | 838 | 700 |
| Fannie Mae Pool #CB1394 2.50% 8/1/2051 <sup>(a)</sup>  | 189 | 157 |
| Fannie Mae Pool #FM8745 2.50% 9/1/2051 <sup>(a)</sup>  | 654 | 543 |
| Fannie Mae Pool #FM9195 2.50% 10/1/2051 <sup>(a)</sup>  | 41 | 34 |
| Fannie Mae Pool #BT6823 2.50% 10/1/2051 <sup>(a)</sup>  | 21 | 17 |
| Fannie Mae Pool #BU7817 2.00% 12/1/2051 <sup>(a)</sup>  | 1223 | 969 |
| Fannie Mae Pool #BU2591 2.00% 12/1/2051 <sup>(a)</sup>  | 1191 | 944 |
| Fannie Mae Pool #FM9783 2.00% 12/1/2051 <sup>(a)</sup>  | 1000 | 793 |
| Fannie Mae Pool #CB2408 2.50% 12/1/2051 <sup>(a)</sup>  | 260 | 217 |
| Fannie Mae Pool #FS6925 2.50% 12/1/2051 <sup>(a)</sup>  | 80 | 67 |
| Fannie Mae Pool #BQ7006 2.00% 1/1/2052 <sup>(a)</sup>  | 2046 | 1625 |
| Fannie Mae Pool #FS0647 3.00% 2/1/2052 <sup>(a)</sup>  | 3442 | 3032 |
| Fannie Mae Pool #FS0893 3.00% 2/1/2052 <sup>(a)</sup>  | 715 | 620 |
| Fannie Mae Pool #CB3031 2.50% 3/1/2052 <sup>(a)</sup>  | 250 | 208 |
| Fannie Mae Pool #FS4110 2.50% 3/1/2052 <sup>(a)</sup>  | 71 | 59 |
| Fannie Mae Pool #BV2954 3.00% 3/1/2052 <sup>(a)</sup>  | 713 | 618 |
| Fannie Mae Pool #BV3117 3.00% 3/1/2052 <sup>(a)</sup>  | 668 | 579 |
| Fannie Mae Pool #CB3394 2.00% 4/1/2052 <sup>(a)</sup>  | 1152 | 914 |
| Fannie Mae Pool #FS1598 2.00% 4/1/2052 <sup>(a)</sup>  | 1104 | 877 |
| Fannie Mae Pool #BV7769 2.00% 4/1/2052 <sup>(a)</sup>  | 1000 | 793 |
| Fannie Mae Pool #MA4577 2.00% 4/1/2052 <sup>(a)</sup>  | 843 | 670 |
| Fannie Mae Pool #BV5370 2.50% 4/1/2052 <sup>(a)</sup>  | 6896 | 5725 |
| Fannie Mae Pool #BV5332 2.50% 4/1/2052 <sup>(a)</sup>  | 227 | 189 |
| Fannie Mae Pool #FS7500 2.50% 4/1/2052 <sup>(a)</sup>  | 37 | 31 |
| Fannie Mae Pool #BV8117 3.00% 4/1/2052 <sup>(a)</sup>  | 2345 | 2032 |
| Fannie Mae Pool #FS7061 3.00% 4/1/2052 <sup>(a)</sup>  | 689 | 597 |
| Fannie Mae Pool #FS1405 3.00% 4/1/2052 <sup>(a)</sup>  | 678 | 588 |
| Fannie Mae Pool #CB3361 3.00% 4/1/2052 <sup>(a)</sup>  | 655 | 571 |
| Fannie Mae Pool #CB3242 3.00% 4/1/2052 <sup>(a)</sup>  | 417 | 361 |
| Fannie Mae Pool #FS9189 2.00% 5/1/2052 <sup>(a)</sup>  | 2540 | 2019 |
| Fannie Mae Pool #MA4597 2.00% 5/1/2052 <sup>(a)</sup>  | 791 | 627 |
| Fannie Mae Pool #BV9644 2.50% 5/1/2052 <sup>(a)</sup>  | 10932 | 9107 |
| Fannie Mae Pool #BW2204 2.50% 5/1/2052 <sup>(a)</sup>  | 95 | 79 |
| Fannie Mae Pool #CB3586 3.00% 5/1/2052 <sup>(a)</sup>  | 2445 | 2121 |
| Fannie Mae Pool #BV5578 3.00% 5/1/2052 <sup>(a)</sup>  | 1000 | 866 |
| Fannie Mae Pool #CB3523 3.00% 5/1/2052 <sup>(a)</sup>  | 723 | 627 |
| Fannie Mae Pool #BV9700 2.50% 6/1/2052 <sup>(a)</sup>  | 3324 | 2767 |
| Fannie Mae Pool #MA4623 2.50% 6/1/2052 <sup>(a)</sup>  | 2115 | 1759 |
| Fannie Mae Pool #BW7323 2.50% 6/1/2052 <sup>(a)</sup>  | 462 | 385 |
| Fannie Mae Pool #MA4626 4.00% 6/1/2052 <sup>(a)</sup>  | 7955 | 7417 |
| Fannie Mae Pool #MA4652 2.50% 7/1/2052 <sup>(a)</sup>  | 3786 | 3149 |
| Fannie Mae Pool #MA4743 2.50% 8/1/2052 <sup>(a)</sup>  | 236 | 196 |
| Fannie Mae Pool #BV8015 2.50% 8/1/2052 <sup>(a)</sup>  | 188 | 157 |
| Fannie Mae Pool #FS3056 2.00% 10/1/2052 <sup>(a)</sup>  | 10331 | 8196 |
| Fannie Mae Pool #MA4824 2.50% 10/1/2052 <sup>(a)</sup>  | 2159 | 1792 |
| Fannie Mae Pool #BX0466 4.00% 11/1/2052 <sup>(a)</sup>  | 936 | 873 |
| Fannie Mae Pool #MA4805 4.50% 11/1/2052 <sup>(a)</sup>  | 13748 | 13184 |
| Fannie Mae Pool #BX2469 5.50% 12/1/2052 <sup>(a)</sup>  | 241 | 242 |
| Fannie Mae Pool #FS5520 4.50% 1/1/2053 <sup>(a)</sup>  | 3594 | 3442 |

---

---

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

---

------

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 #FS4435 2.50% 2/1/2053 <sup>(a)</sup>  | USD<br> 1,084<br>| $900 |
| Fannie Mae Pool #BW4985 4.00% 2/1/2053 <sup>(a)</sup>  | 1269 | 1183 |
| Fannie Mae Pool #MA4919 5.50% 2/1/2053 <sup>(a)</sup>  | 1355 | 1360 |
| Fannie Mae Pool #FS5329 3.00% 3/1/2053 <sup>(a)</sup>  | 148 | 128 |
| Fannie Mae Pool #BW5000 4.00% 3/1/2053 <sup>(a)</sup>  | 969 | 903 |
| Fannie Mae Pool #MA4962 4.00% 3/1/2053 <sup>(a)</sup>  | 926 | 862 |
| Fannie Mae Pool #FS4191 5.50% 3/1/2053 <sup>(a)</sup>  | 330 | 333 |
| Fannie Mae Pool #SD3124 2.50% 6/1/2053 <sup>(a)</sup>  | 453 | 377 |
| Fannie Mae Pool #CB6297 4.00% 5/1/2053 <sup>(a)</sup>  | 923 | 860 |
| Fannie Mae Pool #MA5009 5.00% 5/1/2053 <sup>(a)</sup>  | 5517 | 5426 |
| Fannie Mae Pool #MA5010 5.50% 5/1/2053 <sup>(a)</sup>  | 235 | 235 |
| Fannie Mae Pool #BW9777 3.00% 6/1/2053 <sup>(a)</sup>  | 1277 | 1106 |
| Fannie Mae Pool #BW9618 3.00% 6/1/2053 <sup>(a)</sup>  | 123 | 107 |
| Fannie Mae Pool #MA5038 5.00% 6/1/2053 <sup>(a)</sup>  | 2491 | 2448 |
| Fannie Mae Pool #FS6037 2.50% 7/1/2053 <sup>(a)</sup>  | 66 | 55 |
| Fannie Mae Pool #MA5072 5.50% 7/1/2053 <sup>(a)</sup>  | 1793 | 1796 |
| Fannie Mae Pool #BX4574 3.00% 8/1/2053 <sup>(a)</sup>  | 527 | 456 |
| Fannie Mae Pool #MA5107 5.50% 8/1/2053 <sup>(a)</sup>  | 101 | 101 |
| Fannie Mae Pool #MA5177 4.00% 10/1/2053 <sup>(a)</sup>  | 6815 | 6346 |
| Fannie Mae Pool #MA5165 5.50% 10/1/2053 <sup>(a)</sup>  | 415 | 416 |
| Fannie Mae Pool #MA5166 6.00% 10/1/2053 <sup>(a)</sup>  | 9608 | 9783 |
| Fannie Mae Pool #MA5191 6.00% 11/1/2053 <sup>(a)</sup>  | 2480 | 2526 |
| Fannie Mae Pool #BY1448 4.00% 12/1/2053 <sup>(a)</sup>  | 4820 | 4488 |
| Fannie Mae Pool #FS6668 5.50% 12/1/2053 <sup>(a)</sup>  | 254 | 255 |
| Fannie Mae Pool #MA5217 6.50% 12/1/2053 <sup>(a)</sup>  | 318 | 329 |
| Fannie Mae Pool #FS7880 2.50% 1/1/2054 <sup>(a)</sup>  | 59 | 49 |
| Fannie Mae Pool #MA5263 4.00% 1/1/2054 <sup>(a)</sup>  | 11352 | 10568 |
| Fannie Mae Pool #FS6809 5.50% 2/1/2054 <sup>(a)</sup>  | 236 | 237 |
| Fannie Mae Pool #MA5296 5.50% 3/1/2054 <sup>(a)</sup>  | 5991 | 5995 |
| Fannie Mae Pool #CB8148 5.50% 3/1/2054 <sup>(a)</sup>  | 2707 | 2724 |
| Fannie Mae Pool #DA7881 5.50% 3/1/2054 <sup>(a)</sup>  | 292 | 292 |
| Fannie Mae Pool #MA5295 6.00% 3/1/2054 <sup>(a)</sup>  | 6806 | 6926 |
| Fannie Mae Pool #MA5341 4.00% 4/1/2054 <sup>(a)</sup>  | 299 | 278 |
| Fannie Mae Pool #MA5328 6.00% 4/1/2054 <sup>(a)</sup>  | 885 | 900 |
| Fannie Mae Pool #MA5388 5.50% 6/1/2054 <sup>(a)</sup>  | 32 | 32 |
| Fannie Mae Pool #CB8755 6.00% 6/1/2054 <sup>(a)</sup>  | 3467 | 3547 |
| Fannie Mae Pool #CB8842 5.50% 7/1/2054 <sup>(a)</sup>  | 6181 | 6191 |
| Fannie Mae Pool #CB8858 6.00% 7/1/2054 <sup>(a)</sup>  | 5438 | 5554 |
| Fannie Mae Pool #FS8318 6.00% 7/1/2054 <sup>(a)</sup>  | 3590 | 3685 |
| Fannie Mae Pool #MA5421 6.00% 7/1/2054 <sup>(a)</sup>  | 2498 | 2541 |
| Fannie Mae Pool #FS8790 6.50% 7/1/2054 <sup>(a)</sup>  | 16592 | 17153 |
| Fannie Mae Pool #CB8876 6.50% 7/1/2054 <sup>(a)</sup>  | 1060 | 1102 |
| Fannie Mae Pool #FS8317 6.50% 7/1/2054 <sup>(a)</sup>  | 601 | 626 |
| Fannie Mae Pool #MA5422 6.50% 7/1/2054 <sup>(a)</sup>  | 194 | 200 |
| Fannie Mae Pool #FS9819 7.00% 7/1/2054 <sup>(a)</sup>  | 147 | 156 |
| Fannie Mae Pool #DB8381 5.50% 8/1/2054 <sup>(a)</sup>  | 677 | 678 |
| Fannie Mae Pool #MA5445 6.00% 8/1/2054 <sup>(a)</sup>  | 7328 | 7455 |
| Fannie Mae Pool #MA5470 5.50% 9/1/2054 <sup>(a)</sup>  | 22301 | 22317 |
| Fannie Mae Pool #DC1349 6.50% 9/1/2054 <sup>(a)</sup>  | 34 | 35 |
| Fannie Mae Pool #MA5531 5.50% 11/1/2054 <sup>(a)</sup>  | 3485 | 3488 |
| Fannie Mae Pool #DC6011 5.50% 11/1/2054 <sup>(a)</sup>  | 692 | 692 |
| Fannie Mae Pool #MA5552 5.00% 12/1/2054 <sup>(a)(c)</sup>  | 134989 | 132416 |
| Fannie Mae Pool #DC4826 5.50% 12/1/2054 <sup>(a)</sup>  | 3763 | 3764 |
| Fannie Mae Pool #DC6842 5.50% 12/1/2054 <sup>(a)</sup>  | 1739 | 1740 |
| Fannie Mae Pool #DC4736 5.50% 12/1/2054 <sup>(a)</sup>  | 1601 | 1601 |
| Fannie Mae Pool #MB0294 4.00% 1/1/2055 <sup>(a)</sup>  | 2177 | 2026 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(a)</sup>  | 8380 | 8522 |
| Fannie Mae Pool #MA5631 6.50% 2/1/2055 <sup>(a)</sup>  | 5269 | 5445 |
| Fannie Mae Pool #MA5643 4.00% 3/1/2055 <sup>(a)</sup>  | 6794 | 6322 |
| Fannie Mae Pool #MA5644 4.50% 3/1/2055 <sup>(a)</sup>  | 35716 | 34186 |
| Fannie Mae Pool #MA5646 5.50% 3/1/2055 <sup>(a)</sup>  | 6562 | 6565 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(a)</sup>  | 2688 | 2733 |

---

---

| | |
|:---|:---|
| **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 #MA5671 4.50% 4/1/2055 <sup>(a)</sup>  | USD<br> 37,545<br>| $35937 |
| Fannie Mae Pool #FA1163 6.50% 4/1/2055 <sup>(a)</sup>  | 8900 | 9199 |
| Fannie Mae Pool #MA5675 6.50% 4/1/2055 <sup>(a)</sup>  | 833 | 861 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(a)</sup>  | 9251 | 9407 |
| Fannie Mae Pool #MA5762 6.50% 7/1/2055 <sup>(a)</sup>  | 1047 | 1082 |
| Farmer Mac Agricultural Real Estate Trust, Series 2025-1, Class A1, 5.22% 8/1/2055 <sup>(a)(d)(e)</sup>  | 25000 | 25195 |
| Freddie Mac Pool #ZS4017 5.50% 9/1/2027 <sup>(a)</sup>  | 2 | 2 |
| Freddie Mac Pool #QB7243 2.00% 1/1/2051 <sup>(a)</sup>  | 1838 | 1457 |
| Freddie Mac Pool #RA5155 2.00% 5/1/2051 <sup>(a)</sup>  | 816 | 647 |
| Freddie Mac Pool #QC3428 2.50% 6/1/2051 <sup>(a)</sup>  | 698 | 579 |
| Freddie Mac Pool #RA5767 2.50% 9/1/2051 <sup>(a)</sup>  | 851 | 707 |
| Freddie Mac Pool #QD1841 2.00% 11/1/2051 <sup>(a)</sup>  | 1835 | 1456 |
| Freddie Mac Pool #RA6427 3.00% 12/1/2051 <sup>(a)</sup>  | 1607 | 1392 |
| Freddie Mac Pool #QD3751 2.00% 1/1/2052 <sup>(a)</sup>  | 765 | 606 |
| Freddie Mac Pool #RA6114 2.00% 2/1/2052 <sup>(a)</sup>  | 1113 | 883 |
| Freddie Mac Pool #RA6771 2.00% 2/1/2052 <sup>(a)</sup>  | 1085 | 860 |
| Freddie Mac Pool #QD7967 2.00% 2/1/2052 <sup>(a)</sup>  | 991 | 786 |
| Freddie Mac Pool #QD7087 2.00% 2/1/2052 <sup>(a)</sup>  | 400 | 317 |
| Freddie Mac Pool #SD2962 2.50% 2/1/2052 <sup>(a)</sup>  | 526 | 438 |
| Freddie Mac Pool #RA6856 3.00% 2/1/2052 <sup>(a)</sup>  | 1501 | 1302 |
| Freddie Mac Pool #QD5990 3.00% 2/1/2052 <sup>(a)</sup>  | 1427 | 1239 |
| Freddie Mac Pool #QD7819 3.00% 2/1/2052 <sup>(a)</sup>  | 624 | 545 |
| Freddie Mac Pool #SD8199 2.00% 3/1/2052 <sup>(a)</sup>  | 2016 | 1601 |
| Freddie Mac Pool #SD4071 2.00% 3/1/2052 <sup>(a)</sup>  | 1148 | 910 |
| Freddie Mac Pool #QD8010 2.00% 3/1/2052 <sup>(a)</sup>  | 922 | 731 |
| Freddie Mac Pool #QE0887 2.00% 3/1/2052 <sup>(a)</sup>  | 841 | 667 |
| Freddie Mac Pool #QE0615 2.50% 3/1/2052 <sup>(a)</sup>  | 815 | 679 |
| Freddie Mac Pool #QD8972 2.50% 3/1/2052 <sup>(a)</sup>  | 429 | 358 |
| Freddie Mac Pool #QE0312 2.00% 4/1/2052 <sup>(a)</sup>  | 938 | 744 |
| Freddie Mac Pool #QE1102 2.50% 4/1/2052 <sup>(a)</sup>  | 10116 | 8396 |
| Freddie Mac Pool #SD3478 2.50% 4/1/2052 <sup>(a)</sup>  | 1348 | 1119 |
| Freddie Mac Pool #QE0170 2.50% 4/1/2052 <sup>(a)</sup>  | 631 | 526 |
| Freddie Mac Pool #RA8828 2.50% 4/1/2052 <sup>(a)</sup>  | 584 | 486 |
| Freddie Mac Pool #QE0323 2.50% 4/1/2052 <sup>(a)</sup>  | 408 | 339 |
| Freddie Mac Pool #QE0292 2.50% 4/1/2052 <sup>(a)</sup>  | 269 | 224 |
| Freddie Mac Pool #QE2310 2.50% 4/1/2052 <sup>(a)</sup>  | 124 | 104 |
| Freddie Mac Pool #QE1488 2.50% 4/1/2052 <sup>(a)</sup>  | 65 | 54 |
| Freddie Mac Pool #SD1156 3.00% 4/1/2052 <sup>(a)</sup>  | 808 | 701 |
| Freddie Mac Pool #SD8206 3.00% 4/1/2052 <sup>(a)</sup>  | 799 | 692 |
| Freddie Mac Pool #RA7130 3.00% 4/1/2052 <sup>(a)</sup>  | 762 | 661 |
| Freddie Mac Pool #RA7139 2.50% 5/1/2052 <sup>(a)</sup>  | 289 | 240 |
| Freddie Mac Pool #SD8213 3.00% 5/1/2052 <sup>(a)</sup>  | 42236 | 36637 |
| Freddie Mac Pool #QE5301 3.50% 5/1/2052 <sup>(a)</sup>  | 686 | 619 |
| Freddie Mac Pool #QE4044 2.50% 6/1/2052 <sup>(a)</sup>  | 478 | 397 |
| Freddie Mac Pool #SD8219 2.50% 6/1/2052 <sup>(a)</sup>  | 393 | 327 |
| Freddie Mac Pool #QE4383 4.00% 6/1/2052 <sup>(a)</sup>  | 737 | 687 |
| Freddie Mac Pool #QE6097 2.50% 7/1/2052 <sup>(a)</sup>  | 541 | 450 |
| Freddie Mac Pool #SD3632 2.50% 7/1/2052 <sup>(a)</sup>  | 190 | 158 |
| Freddie Mac Pool #SD8225 3.00% 7/1/2052 <sup>(a)</sup>  | 37008 | 32098 |
| Freddie Mac Pool #SD4673 3.00% 7/1/2052 <sup>(a)</sup>  | 1449 | 1258 |
| Freddie Mac Pool #SD3117 4.00% 7/1/2052 <sup>(a)</sup>  | 5642 | 5260 |
| Freddie Mac Pool #SD8234 2.50% 8/1/2052 <sup>(a)</sup>  | 1497 | 1243 |
| Freddie Mac Pool #QE8026 2.50% 8/1/2052 <sup>(a)</sup>  | 382 | 318 |
| Freddie Mac Pool #SD8235 3.00% 8/1/2052 <sup>(a)</sup>  | 1285 | 1115 |
| Freddie Mac Pool #SD7346 3.00% 8/1/2052 <sup>(a)</sup>  | 918 | 796 |
| Freddie Mac Pool #SD8262 2.50% 9/1/2052 <sup>(a)</sup>  | 6087 | 5054 |
| Freddie Mac Pool #QF0923 2.50% 9/1/2052 <sup>(a)</sup>  | 629 | 523 |
| Freddie Mac Pool #SD8271 2.50% 10/1/2052 <sup>(a)</sup>  | 445 | 369 |
| Freddie Mac Pool #SD8291 2.50% 11/1/2052 <sup>(a)</sup>  | 727 | 604 |
| Freddie Mac Pool #SD8263 3.00% 11/1/2052 <sup>(a)</sup>  | 1299 | 1126 |
| Freddie Mac Pool #QF5342 4.00% 12/1/2052 <sup>(a)</sup>  | 949 | 883 |
| Freddie Mac Pool #SD8303 2.50% 1/1/2053 <sup>(a)</sup>  | 386 | 321 |

---

---

| | |
|:---|:---|
| 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)** |  |  |
| Freddie Mac Pool #SD8287 4.50% 1/1/2053 <sup>(a)</sup>  | USD<br> 21,995<br>| $21094 |
| Freddie Mac Pool #SD8299 5.00% 2/1/2053 <sup>(a)</sup>  | 3887 | 3825 |
| Freddie Mac Pool #SD8305 4.00% 3/1/2053 <sup>(a)</sup>  | 2243 | 2087 |
| Freddie Mac Pool #SD2610 4.00% 3/1/2053 <sup>(a)</sup>  | 279 | 260 |
| Freddie Mac Pool #RA8720 4.00% 4/1/2053 <sup>(a)</sup>  | 895 | 834 |
| Freddie Mac Pool #QG1193 5.50% 4/1/2053 <sup>(a)</sup>  | 298 | 298 |
| Freddie Mac Pool #SD8321 4.00% 5/1/2053 <sup>(a)</sup>  | 1153 | 1074 |
| Freddie Mac Pool #SD8323 5.00% 5/1/2053 <sup>(a)</sup>  | 2457 | 2415 |
| Freddie Mac Pool #SD8331 5.50% 6/1/2053 <sup>(a)</sup>  | 3443 | 3450 |
| Freddie Mac Pool #SD3417 2.50% 7/1/2053 <sup>(a)</sup>  | 1054 | 877 |
| Freddie Mac Pool #SD8353 4.00% 7/1/2053 <sup>(a)</sup>  | 930 | 866 |
| Freddie Mac Pool #SD8342 5.50% 6/1/2053 <sup>(a)</sup>  | 1961 | 1966 |
| Freddie Mac Pool #RA9735 2.50% 8/1/2053 <sup>(a)</sup>  | 115 | 96 |
| Freddie Mac Pool #SD8357 4.00% 8/1/2053 <sup>(a)</sup>  | 949 | 884 |
| Freddie Mac Pool #QG9041 4.00% 8/1/2053 <sup>(a)</sup>  | 579 | 539 |
| Freddie Mac Pool #SD8375 4.00% 9/1/2053 <sup>(a)</sup>  | 951 | 885 |
| Freddie Mac Pool #SD8362 5.50% 9/1/2053 <sup>(a)</sup>  | 20481 | 20515 |
| Freddie Mac Pool #SD8363 6.00% 9/1/2053 <sup>(a)</sup>  | 5291 | 5386 |
| Freddie Mac Pool #SD4077 2.50% 10/1/2053 <sup>(a)</sup>  | 2973 | 2476 |
| Freddie Mac Pool #SD4550 2.50% 10/1/2053 <sup>(a)</sup>  | 182 | 151 |
| Freddie Mac Pool #SD8367 5.50% 10/1/2053 <sup>(a)</sup>  | 1543 | 1546 |
| Freddie Mac Pool #SD4977 5.00% 11/1/2053  | 97379 | 95697 |
| Freddie Mac Pool #SD8372 5.50% 11/1/2053 <sup>(a)</sup>  | 5426 | 5440 |
| Freddie Mac Pool #SD8392 4.00% 12/1/2053 <sup>(a)</sup>  | 6211 | 5782 |
| Freddie Mac Pool #SD8386 7.00% 12/1/2053 <sup>(a)</sup>  | 1955 | 2063 |
| Freddie Mac Pool #SD8396 6.00% 1/1/2054 <sup>(a)</sup>  | 317 | 322 |
| Freddie Mac Pool #SD8398 7.00% 1/1/2054 <sup>(a)</sup>  | 3219 | 3396 |
| Freddie Mac Pool #SD8401 5.50% 2/1/2054 <sup>(a)</sup>  | 24435 | 24453 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(a)</sup>  | 24111 | 24538 |
| Freddie Mac Pool #SD8404 7.00% 2/1/2054 <sup>(a)</sup>  | 4354 | 4593 |
| Freddie Mac Pool #SD8424 4.00% 3/1/2054 <sup>(a)</sup>  | 1950 | 1815 |
| Freddie Mac Pool #SD8408 5.50% 3/1/2054 <sup>(a)</sup>  | 47219 | 47254 |
| Freddie Mac Pool #SD8432 6.00% 5/1/2054 <sup>(a)</sup>  | 2873 | 2923 |
| Freddie Mac Pool #SD8438 5.50% 6/1/2054 <sup>(a)</sup>  | 947 | 947 |
| Freddie Mac Pool #QI7522 5.50% 6/1/2054 <sup>(a)</sup>  | 23 | 23 |
| Freddie Mac Pool #SD8439 6.00% 6/1/2054 <sup>(a)</sup>  | 39 | 39 |
| Freddie Mac Pool #RJ2270 6.50% 6/1/2054 <sup>(a)</sup>  | 19313 | 19961 |
| Freddie Mac Pool #RJ1963 5.50% 7/1/2054 <sup>(a)</sup>  | 1615 | 1617 |
| Freddie Mac Pool #RJ1964 6.00% 7/1/2054 <sup>(a)</sup>  | 10752 | 11057 |
| Freddie Mac Pool #RJ1975 6.00% 7/1/2054 <sup>(a)</sup>  | 8316 | 8473 |
| Freddie Mac Pool #SD8447 6.00% 7/1/2054 <sup>(a)</sup>  | 2316 | 2356 |
| Freddie Mac Pool #SD6700 6.00% 8/1/2054 <sup>(a)</sup>  | 903 | 920 |
| Freddie Mac Pool #SD8462 5.50% 9/1/2054 <sup>(a)</sup>  | 38769 | 38797 |
| Freddie Mac Pool #SD6578 6.00% 9/1/2054 <sup>(a)</sup>  | 1212 | 1240 |
| Freddie Mac Pool #SD8464 6.50% 9/1/2054 <sup>(a)</sup>  | 27804 | 28737 |
| Freddie Mac Pool #QJ5643 6.50% 9/1/2054 <sup>(a)</sup>  | 6500 | 6733 |
| Freddie Mac Pool #SD8469 5.50% 10/1/2054 <sup>(a)</sup>  | 242 | 242 |
| Freddie Mac Pool #QJ6165 5.50% 10/1/2054 <sup>(a)</sup>  | 206 | 206 |
| Freddie Mac Pool #SD6585 5.50% 10/1/2054 <sup>(a)</sup>  | 47 | 47 |
| Freddie Mac Pool #SD8475 5.50% 11/1/2054 <sup>(a)</sup>  | 50409 | 50446 |
| Freddie Mac Pool #SD8491 5.00% 12/1/2054 <sup>(a)</sup>  | 39527 | 38774 |
| Freddie Mac Pool #SD8493 5.50% 12/1/2054 <sup>(a)</sup>  | 1905 | 1907 |
| Freddie Mac Pool #SD8494 5.50% 1/1/2055 <sup>(a)</sup>  | 7566 | 7570 |
| Freddie Mac Pool #SD8506 5.50% 2/1/2055 <sup>(a)</sup>  | 2048 | 2049 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(a)</sup>  | 1497 | 1523 |
| Freddie Mac Pool #SL0799 5.00% 3/1/2055 <sup>(a)</sup>  | 9470 | 9286 |
| Freddie Mac Pool #SD8517 6.50% 3/1/2055 <sup>(a)</sup>  | 1763 | 1822 |
| Freddie Mac Pool #QX8785 6.50% 3/1/2055 <sup>(a)</sup>  | 177 | 183 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(a)</sup>  | 28633 | 29114 |
| Freddie Mac Pool #QY2186 6.50% 4/1/2055 <sup>(a)</sup>  | 9204 | 9511 |
| Freddie Mac Pool #SD8533 5.50% 5/1/2055 <sup>(a)</sup>  | 5947 | 5950 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(a)</sup>  | 7592 | 7719 |

---

---

| | |
|:---|:---|
| **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)** |  |  |
| Freddie Mac Pool #RQ0010 4.00% 6/1/2055 <sup>(a)</sup>  | USD<br> 262<br>| $243 |
| Government National Mortgage Assn. 4.50% 7/1/2055 <sup>(a)</sup>  | 2600 | 2489 |
| Government National Mortgage Assn. 5.00% 7/1/2055 <sup>(a)</sup>  | 2600 | 2554 |
| Government National Mortgage Assn. 2.50% 8/1/2055 <sup>(a)</sup>  | 2100 | 1784 |
| Government National Mortgage Assn. 4.00% 8/1/2055 <sup>(a)</sup>  | 129 | 120 |
| Government National Mortgage Assn. Pool #MA8266 3.50% 9/20/2052 <sup>(a)</sup>  | 4708 | 4296 |
| Government National Mortgage Assn. Pool #MB0024 4.50% 11/20/2054 <sup>(a)</sup>  | 11805 | 11308 |
| Government National Mortgage Assn. Pool #MB0202 4.00% 2/20/2055 <sup>(a)</sup>  | 949 | 883 |
| Government National Mortgage Assn. Pool #MB0256 4.00% 3/20/2055 <sup>(a)</sup>  | 1386 | 1290 |
| Government National Mortgage Assn. Pool #MB0421 4.00% 6/20/2055 <sup>(a)</sup>  | 118 | 110 |
| Uniform Mortgage-Backed Security 2.50% 7/1/2055 <sup>(a)(f)</sup>  | 59500 | 49342 |
| Uniform Mortgage-Backed Security 3.50% 7/1/2055 <sup>(a)(f)</sup>  | 17382 | 15651 |
| Uniform Mortgage-Backed Security 4.00% 7/1/2055 <sup>(a)(f)</sup>  | 4304 | 4003 |
| Uniform Mortgage-Backed Security 4.50% 7/1/2055 <sup>(a)(f)</sup>  | 1441 | 1379 |
| Uniform Mortgage-Backed Security 5.00% 7/1/2055 <sup>(a)(f)</sup>  | 5000 | 4901 |
| Uniform Mortgage-Backed Security 5.50% 7/1/2055 <sup>(a)(f)</sup>  | 22900 | 22898 |
| Uniform Mortgage-Backed Security 6.00% 7/1/2055 <sup>(a)(f)</sup>  | 136904 | 139132 |
| Uniform Mortgage-Backed Security 7.00% 7/1/2055 <sup>(a)(f)</sup>  | 3264 | 3437 |
| Uniform Mortgage-Backed Security 2.00% 8/1/2055 <sup>(a)</sup>  | 4007 | 3174 |
| Uniform Mortgage-Backed Security 3.00% 8/1/2055 <sup>(a)(f)</sup>  | 16889 | 14613 |
| Uniform Mortgage-Backed Security 3.50% 8/1/2055 <sup>(a)(f)</sup>  | 75068 | 67574 |
| Uniform Mortgage-Backed Security 4.00% 8/1/2055 <sup>(a)(f)</sup>  | 9107 | 8467 |
| Uniform Mortgage-Backed Security 6.50% 8/1/2055 <sup>(a)</sup>  | 14905 | 15369 |
|  |  | 1606780 |
| **Commercial mortgage-backed securities 10.50%** |  |  |
| 3650R Commercial Mortgage Trust, Series 2022-PF2, Class B, 5.291% 11/15/2055 <sup>(a)(e)</sup>  | 1690 | 1655 |
| ALA Trust, Series 2025-OANA, Class C, (1-month USD CME Term SOFR + 2.092%) 6.392% 6/15/2030 <sup>(a)(d)(e)</sup>  | 14282 | 14318 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class B, 6.148% 2/15/2056 <sup>(a)(e)</sup>  | 1873 | 1948 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class C, 6.489% 2/15/2056 <sup>(a)(e)</sup>  | 512 | 522 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class AS, 6.41% 4/15/2056 <sup>(a)(e)</sup>  | 3787 | 3948 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class B, 6.41% 3/15/2056 <sup>(a)(e)</sup>  | 1418 | 1478 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class C, 6.774% 8/15/2056 <sup>(a)(e)</sup>  | 2960 | 3112 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class B, 6.774% 8/15/2056 <sup>(a)(e)</sup>  | 2242 | 2399 |
| Bank Commercial Mortgage Trust, Series 2023-5YR4, Class B, 7.605% 12/15/2056 <sup>(a)(e)</sup>  | 2989 | 3217 |
| Bank Commercial Mortgage Trust, Series 2024-5YR9, Class B, 6.483% 8/15/2057 <sup>(a)(e)</sup>  | 6530 | 6811 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class B, 6.322% 11/15/2057 <sup>(a)(e)</sup>  | 7100 | 7404 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class B, 6.277% 12/15/2057 <sup>(a)(e)</sup>  | 7925 | 8247 |
| Bank Commercial Mortgage Trust, Series 2019-BN19, Class B, 3.647% 8/15/2061 <sup>(a)</sup>  | 1000 | 862 |
| Bank Commercial Mortgage Trust, Series 2019-BN24, Class B, 3.455% 11/15/2062 <sup>(a)(e)</sup>  | 1033 | 951 |
| Bank Commercial Mortgage Trust, Series 2022-BNK40, Class B, 3.507% 3/15/2064 <sup>(a)(e)</sup>  | 273 | 239 |
| Bank Commercial Mortgage Trust, Series 2022-BNK40, Class AS, 3.504% 3/15/2064 <sup>(a)(e)</sup>  | 250 | 224 |
| Barclays Commercial Mortgage Securities, LLC, Series 2018-TALL, Class A, ((1-month USD CME Term SOFR + <br> 0.047%) + 0.872%) 5.231% 3/15/2037 <sup>(a)(d)(e)</sup>  | 2927 | 2772 |
| Barclays Commercial Mortgage Securities, LLC, Series 2022-C18, Class C, 6.151% 12/15/2055 <sup>(a)(e)</sup>  | 1355 | 1381 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C20, Class C, 6.611% 7/15/2056 <sup>(a)(e)</sup>  | 1882 | 1937 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C24, Class C, 6.00% 2/15/2057 <sup>(a)</sup>  | 276 | 276 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C26, Class C, 6.00% 5/15/2057 <sup>(a)(e)</sup>  | 476 | 480 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C30, Class B, 6.031% 11/15/2057 <sup>(a)(e)</sup>  | 4242 | 4385 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C31, Class B, 6.002% 12/15/2057 <sup>(a)</sup>  | 7000 | 7181 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C33, Class C, 5.981% 3/15/2058 <sup>(a)(e)</sup>  | 3042 | 3075 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C33, Class B, 6.435% 3/15/2058 <sup>(a)(e)</sup>  | 4464 | 4676 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class B, 6.542% 5/15/2058 <sup>(a)(e)</sup>  | 2265 | 2385 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-C32, Class B, 6.13% 2/15/2062 <sup>(a)</sup>  | 8000 | 8323 |
| Benchmark Mortgage Trust, Series 2020-B21, Class AS, 2.254% 12/17/2053 <sup>(a)</sup>  | 250 | 216 |
| Benchmark Mortgage Trust, Series 2021-B23, Class A5, 2.07% 2/15/2054 <sup>(a)</sup>  | 1200 | 1033 |
| Benchmark Mortgage Trust, Series 2022-B35, Class C, 4.594% 5/15/2055 <sup>(a)(e)</sup>  | 2005 | 1643 |
| Benchmark Mortgage Trust, Series 2023-V2, Class B, 6.769% 5/15/2050 <sup>(a)(e)</sup>  | 2988 | 3105 |
| Benchmark Mortgage Trust, Series 2023-V2, Class C, 6.769% 5/15/2055 <sup>(a)(e)</sup>  | 1994 | 2045 |
| Benchmark Mortgage Trust, Series 2023-V3, Class B, 6.924% 7/15/2056 <sup>(a)</sup>  | 1499 | 1562 |

---

---

| | |
|:---|:---|
| 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)** |
| **Commercial mortgage-backed securities (continued)** |  |  |
| Benchmark Mortgage Trust, Series 2023-V3, Class C, 7.173% 7/15/2056 <sup>(a)(e)</sup>  | USD<br> 2,644<br>| $2710 |
| Benchmark Mortgage Trust, Series 2024-V5, Class AM, 6.417% 1/10/2057 <sup>(a)</sup>  | 1681 | 1753 |
| Benchmark Mortgage Trust, Series 2024-V9, Class A3, 5.602% 8/15/2057 <sup>(a)</sup>  | 3496 | 3618 |
| Benchmark Mortgage Trust, Series 2024-V9, Class B, 6.466% 8/15/2057 <sup>(a)</sup>  | 2600 | 2706 |
| Benchmark Mortgage Trust, Series 2024-V10, Class B, 5.977% 9/15/2057 <sup>(a)(e)</sup>  | 6000 | 6161 |
| Benchmark Mortgage Trust, Series 2024-V11, Class B, 6.373% 11/15/2057 <sup>(a)(e)</sup>  | 7298 | 7611 |
| Benchmark Mortgage Trust, Series 2024-V12, Class B, 6.282% 12/15/2057 <sup>(a)(e)</sup>  | 3868 | 4015 |
| Benchmark Mortgage Trust, Series 2025-V15, Class B, 6.425% 6/15/2030 <sup>(a)(e)</sup>  | 3244 | 3402 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, (1-month USD CME Term SOFR + 1.342%) <br> 5.654% 3/15/2041 <sup>(a)(d)(e)</sup>  | 2977 | 2984 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class D, (1-month USD CME Term SOFR + 2.59%) <br> 6.902% 3/15/2041 <sup>(a)(d)(e)</sup>  | 1280 | 1281 |
| BMO Mortgage Trust, Series 2023-C4, Class B, 5.395% 2/15/2056 <sup>(a)(e)</sup>  | 711 | 721 |
| BMO Mortgage Trust, Series 2023-5C1, Class B, 6.96% 8/15/2056 <sup>(a)(e)</sup>  | 3505 | 3675 |
| BMO Mortgage Trust, Series 2023-5C1, Class C, 7.117% 8/15/2056 <sup>(a)(e)</sup>  | 1075 | 1113 |
| BMO Mortgage Trust, Series 2024-5C5, Class B, 6.98% 2/15/2057 <sup>(a)(e)</sup>  | 7774 | 8141 |
| BMO Mortgage Trust, Series 2024-5C3, Class C, 6.859% 2/15/2057 <sup>(a)(e)</sup>  | 443 | 453 |
| BMO Mortgage Trust, Series 2024-5C6, Class B, 6.086% 9/15/2057 <sup>(a)(e)</sup>  | 1159 | 1189 |
| BMO Mortgage Trust, Series 2024-C10, Class B, 6.079% 11/15/2057 <sup>(a)(e)</sup>  | 3470 | 3554 |
| BMO Mortgage Trust, Series 2024-5C7, Class B, 6.198% 11/15/2057 <sup>(a)(e)</sup>  | 9000 | 9309 |
| BMO Mortgage Trust, Series 2024-5C8, Class B, 6.091% 12/15/2057 <sup>(a)(e)</sup>  | 4000 | 4123 |
| BMO Mortgage Trust, Series 2025-C11, Class C, 6.123% 2/15/2058 <sup>(a)(e)</sup>  | 1480 | 1504 |
| BMP Trust, Series 2024-MF23, Class D, (1-month USD CME Term SOFR + 2.39%) 6.702% 6/15/2041 <sup>(a)(d)(e)</sup>  | 5000 | 5016 |
| BMP Trust, Series 2024-MF23, Class E, (1-month USD CME Term SOFR + 3.389%) 7.701% 6/15/2041 <sup>(a)(d)(e)</sup>  | 2408 | 2407 |
| BOCA Commercial Mortgage Trust, Series 2024-BOCA, Class B, (1-month USD CME Term SOFR + 2.839%) <br> 7.151% 8/15/2041 <sup>(a)(d)(e)</sup>  | 3645 | 3670 |
| BX Commercial Mortgage Trust, Series 2024-GPA3, Class C, (1-month USD CME Term SOFR + 1.892%) <br> 6.204% 12/15/2039 <sup>(a)(d)(e)</sup>  | 9017 | 9045 |
| BX Trust, Series 2024-FNX, Class C, (1-month USD CME Term SOFR + 2.291%) 6.603% 11/15/2026 <sup>(a)(d)(e)</sup>  | 13114 | 13158 |
| BX Trust, Series 2022-CSMO, Class A, (1-month USD CME Term SOFR + 2.115%) 6.427% 6/15/2027 <sup>(a)(d)(e)</sup>  | 716 | 721 |
| BX Trust, Series 24-VLT4, Class E, (1-month USD CME Term SOFR + 2.889%) 7.218% 5/15/2029 <sup>(a)(d)(e)</sup>  | 4757 | 4742 |
| BX Trust, Series 2024-KING, Class C, (1-month USD CME Term SOFR + 1.94%) 6.252% 5/15/2034 <sup>(a)(d)(e)</sup>  | 5325 | 5331 |
| BX Trust, Series 2021-SDMF, Class D, (1-month USD CME Term SOFR + 1.501%) 5.813% 9/15/2034 <sup>(a)(d)(e)</sup>  | 471 | 467 |
| BX Trust, Series 2021-VOLT, Class D, (1-month USD CME Term SOFR + 1.764%) 6.076% 9/15/2036 <sup>(a)(d)(e)</sup>  | 2403 | 2393 |
| BX Trust, Series 2021-VOLT, Class E, (1-month USD CME Term SOFR + 2.114%) 6.426% 9/15/2036 <sup>(a)(d)(e)</sup>  | 3875 | 3860 |
| BX Trust, Series 2021-ARIA, Class B, (1-month USD CME Term SOFR + 1.411%) 5.723% 10/15/2036 <sup>(a)(d)(e)</sup>  | 2976 | 2974 |
| BX Trust, Series 2022-IND, Class D, (1-month USD CME Term SOFR + 2.839%) 7.151% 4/15/2037 <sup>(a)(d)(e)</sup>  | 110 | 110 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 5.302% 2/15/2039 <sup>(a)(d)(e)</sup>  | 4887 | 4886 |
| BX Trust, Series 2022-PSB, Class A, (1-month USD CME Term SOFR + 2.451%) 6.763% 8/15/2039 <sup>(a)(d)(e)</sup>  | 301 | 301 |
| BX Trust, Series 2024-AIR2, Class C, (1-month USD CME Term SOFR + 2.241%) 6.553% 10/15/2041 <sup>(a)(d)(e)</sup>  | 1918 | 1927 |
| BX Trust, Series 2025-BIO3, Class C, 7.193% 2/10/2042 <sup>(a)(d)(e)</sup>  | 13850 | 14108 |
| BX Trust, Series 2025-VLT6, Class C, (1-month USD CME Term SOFR + 2.192%) 6.504% 3/15/2042 <sup>(a)(d)(e)</sup>  | 8955 | 8958 |
| BX Trust, Series 2025-VLT6, Class D, (1-month USD CME Term SOFR + 2.592%) 6.903% 3/15/2042 <sup>(a)(d)(e)</sup>  | 14062 | 14064 |
| BX Trust, Series 2025-GW, Class A, (1-month USD CME Term SOFR + 1.60%) 5.927% 7/15/2042 <sup>(a)(d)(e)</sup>  | 20000 | 20084 |
| BX Trust, Series 2025-GW, Class B, (1-month USD CME Term SOFR + 1.85%) 6.177% 7/15/2042 <sup>(a)(d)(e)</sup>  | 5170 | 5190 |
| BX Trust, Series 2020-VIV2, Class C, 3.66% 3/9/2044 <sup>(a)(d)(e)</sup>  | 2000 | 1844 |
| BX Trust, Series 2020-VIV3, Class B, 3.662% 3/9/2044 <sup>(a)(d)(e)</sup>  | 989 | 921 |
| BXSC Commercial Mortgage Trust, Series 2022-WSS, Class B, (1-month USD CME Term SOFR + 2.092%) <br> 6.404% 3/15/2035 <sup>(a)(d)(e)</sup>  | 2985 | 2988 |
| BXSC Commercial Mortgage Trust, Series 2022-WSS, Class D, (1-month USD CME Term SOFR + 3.188%) <br> 7.50% 3/15/2035 <sup>(a)(d)(e)</sup>  | 249 | 250 |
| CART, Series 2024-DFW1, Class D, (1-month USD CME Term SOFR + 3.04%) 7.368% 8/15/2026 <sup>(a)(d)(e)</sup>  | 5768 | 5769 |
| CENT Trust 2023-CITY, Series 2023-CITY, Class B, (1-month USD CME Term SOFR + 3.15%) 7.462% <br> 9/15/2028 <sup>(a)(d)(e)</sup>  | 3354 | 3361 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class D, 6.048% 6/10/2028 <sup>(a)(d)(e)</sup>  | 3950 | 3943 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class C, 6.048% 10/12/2040 <sup>(a)(d)(e)</sup>  | 1225 | 1242 |
| Citigroup Commercial Mortgage Trust, Series 2020-GC46, Class B, 3.15% 2/15/2053 <sup>(a)(e)</sup>  | 840 | 733 |
| DATA 2023-CNTR Mortgage Trust, Series 2023-CNTR, Class D, 5.919% 8/12/2043 <sup>(a)(d)(e)</sup>  | 3984 | 3685 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class D, 7.14% 9/10/2040 <sup>(a)(d)(e)</sup>  | 5155 | 5303 |
| ELM Trust 2024, Series 2024-ELM, Class D10, 6.847% 6/10/2039 <sup>(a)(d)(e)</sup>  | 973 | 977 |
| ELM Trust 2024, Series 2024-ELM, Class D15, 6.897% 6/10/2029 <sup>(a)(d)(e)</sup>  | 875 | 879 |

---

---

| | |
|:---|:---|
| **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)** |
| **Commercial mortgage-backed securities (continued)** |  |  |
| Extended Stay America Trust, Series 2021-ESH, Class D, (1-month USD CME Term SOFR + 2.364%) 6.676% <br> 7/15/2038 <sup>(a)(d)(e)</sup>  | USD<br> 429<br>| $430 |
| FIVE Mortgage Trust, Series 2023-V1, Class B, 6.296% 2/10/2056 <sup>(a)(e)</sup>  | 1982 | 2042 |
| FIVE Mortgage Trust, Series 2023-V1, Class C, 6.296% 2/10/2056 <sup>(a)(e)</sup>  | 973 | 987 |
| Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class E, (1-month USD CME Term SOFR + 3.15%) <br> 7.462% 12/15/2029 <sup>(a)(d)(e)</sup>  | 2568 | 2569 |
| Great Wolf Trust, Series 2024-WOLF, Class C, (1-month USD CME Term SOFR + 2.391%) 6.703% <br> 3/15/2039 <sup>(a)(d)(e)</sup>  | 3963 | 3982 |
| Great Wolf Trust, Series 2024-WOLF, Class D, (1-month USD CME Term SOFR + 2.89%) 7.202% <br> 3/15/2039 <sup>(a)(d)(e)</sup>  | 1744 | 1753 |
| GS Mortgage Securities Trust, Series 2024-70P, Class B, 5.887% 3/10/2041 <sup>(a)(d)(e)</sup>  | 2174 | 2181 |
| GS Mortgage Securities Trust, Series 2024-70P, Class C, 6.287% 3/10/2041 <sup>(a)(d)(e)</sup>  | 3769 | 3751 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.913% <br> 3/15/2042 <sup>(a)(d)(e)</sup>  | 2987 | 2987 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class E, (1-month USD CME Term SOFR + 3.29%) 7.602% <br> 3/15/2042 <sup>(a)(d)(e)</sup>  | 4897 | 4804 |
| Hilton USA Trust, Series 2024-ORL, Class A, (1-month USD CME Term SOFR + 1.541%) 5.853% <br> 5/15/2037 <sup>(a)(d)(e)</sup>  | 6000 | 6012 |
| Hilton USA Trust, Series 2024-ORL, Class B, (1-month USD CME Term SOFR + 1.941%) 6.252% <br> 5/15/2037 <sup>(a)(d)(e)</sup>  | 2000 | 2003 |
| Hilton USA Trust, Series 2024-ORL, Class C, (1-month USD CME Term SOFR + 2.44%) 6.752% <br> 5/15/2037 <sup>(a)(d)(e)</sup>  | 996 | 997 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.644% 2/5/2045 <sup>(a)(d)(e)</sup>  | 5381 | 5532 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class C, 7.088% 5/10/2039 <sup>(a)(d)(e)</sup>  | 1260 | 1276 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class D, 8.198% 5/10/2039 <sup>(a)(d)(e)</sup>  | 2564 | 2614 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class D, 6.551% 1/13/2040 <sup>(a)(d)(e)</sup>  | 20000 | 20742 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class C, (1-month USD CME Term SOFR + 2.25%) 6.562% <br> 3/15/2042 <sup>(a)(d)(e)</sup>  | 11000 | 10984 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class D, (1-month USD CME Term SOFR + 2.85%) 7.162% <br> 3/15/2042 <sup>(a)(d)(e)</sup>  | 11000 | 10996 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class C, (1-month USD CME Term SOFR + <br> 2.242%) 6.554% 11/15/2039 <sup>(a)(d)(e)</sup>  | 6779 | 6789 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class D, (1-month USD CME Term SOFR + 3.29%) 7.602% <br> 12/15/2039 <sup>(a)(d)(e)</sup>  | 10000 | 9981 |
| Morgan Stanley BAML Trust, Series 2025-5C1, Class B, 6.513% 3/15/2030 <sup>(a)</sup>  | 4500 | 4693 |
| Morgan Stanley BAML Trust, Series 2025-5C1, Class C, 6.638% 3/15/2030 <sup>(a)(e)</sup>  | 7473 | 7666 |
| Morgan Stanley Capital I Trust, Series 2019-L3, Class B, 3.647% 11/15/2052 <sup>(a)(e)</sup>  | 750 | 693 |
| MSWF Commercial Mortgage Trust, Series 2023-1, Class B, 6.906% 5/15/2033 <sup>(a)(e)</sup>  | 1642 | 1756 |
| MSWF Commercial Mortgage Trust, Series 2023-1, Class C, 6.906% 5/15/2033 <sup>(a)(e)</sup>  | 1698 | 1743 |
| Multi Family Connecticut Avenue Securities, Series 2020-1, Class M10, (30-day Average USD-SOFR + 3.864%) <br> 8.17% 3/25/2050 <sup>(a)(d)(e)</sup>  | 2763 | 2811 |
| Multi Family Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 8.305% 11/25/2053 <sup>(a)(d)(e)</sup>  | 1637 | 1700 |
| Multi Family Connecticut Avenue Securities, Series 2023-01, Class M10, (30-day Average USD-SOFR + 6.50%) <br> 10.805% 11/25/2053 <sup>(a)(d)(e)</sup>  | 2699 | 3027 |
| Multi Family Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.705% 5/25/2055 <sup>(a)(d)(e)</sup>  | 8870 | 8897 |
| Multi Family Connecticut Avenue Securities, Series 2025-01, Class M2, (30-day Average USD-SOFR + 3.10%) <br> 7.405% 5/25/2055 <sup>(a)(d)(e)</sup>  | 2421 | 2433 |
| Multi Family Structured Credit Risk, Series 21-MN1, Class M2, (30-day Average USD-SOFR + 3.75%) 8.055% <br> 1/25/2051 <sup>(a)(d)(e)</sup>  | 910 | 935 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class C, (1-month USD CME Term SOFR + 1.892%) <br> 6.204% 2/15/2042 <sup>(a)(d)(e)</sup>  | 1626 | 1611 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class D, (1-month USD CME Term SOFR + 2.441%) <br> 6.753% 2/15/2042 <sup>(a)(d)(e)</sup>  | 1824 | 1795 |
| ROCC Trust, Series 2024-CNTR, Class A, 5.388% 11/13/2041 <sup>(a)(d)</sup>  | 434 | 445 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class B, (1-month USD CME Term SOFR + 1.741%) <br> 6.053% 5/15/2039 <sup>(a)(d)(e)</sup>  | 1943 | 1936 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.576% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(a)(d)(g)</sup>  | 8900 | 8866 |
| StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class D, (1-month USD CME Term SOFR + <br> 1.95%) 6.262% 1/15/2039 <sup>(a)(d)(e)</sup>  | 3000 | 2962 |

---

---

| | |
|:---|:---|
| 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 (continued)** |  |  |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class D, (1-month USD CME Term SOFR + 2.591%) <br> 6.953% 3/15/2042 <sup>(a)(d)(e)</sup>  | USD<br> 9,787<br>| $9713 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class E, (1-month USD CME Term SOFR + 3.29%) <br> 7.652% 3/15/2042 <sup>(a)(d)(e)</sup>  | 13246 | 13158 |
| UBS Commercial Mortgage Trust, Series 2017-C1, Class AS, 3.724% 6/15/2050 <sup>(a)(d)</sup>  | 6702 | 6505 |
| UBS Commercial Mortgage Trust, Series 2017-C3, Class C, 4.358% 8/15/2050 <sup>(a)(e)</sup>  | 1582 | 1499 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C35, Class C, 4.176% 7/15/2048 <sup>(a)(e)</sup>  | 3000 | 2920 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class B, 6.333% 11/15/2057 <sup>(a)(e)</sup>  | 1997 | 2070 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C3, Class B, 6.541% 1/15/2058 <sup>(a)(e)</sup>  | 10000 | 10488 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C4, Class B, 6.394% 5/15/2058 <sup>(a)</sup>  | 1723 | 1799 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-LC22, Class C, 4.516% 9/15/2058 <sup>(a)(e)</sup>  | 130 | 122 |
| WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%) <br> 7.101% 11/15/2027 <sup>(a)(d)(e)</sup>  | 1646 | 1650 |
| WSTN Trust, Series 2023-MAUI, Class C, 7.69% 8/5/2027 <sup>(a)(d)(e)</sup>  | 594 | 602 |
| WSTN Trust, Series 2023-MAUI, Class D, 8.455% 8/5/2027 <sup>(a)(d)(e)</sup>  | 5875 | 5890 |
|  |  | 542937 |
| **Collateralized mortgage-backed obligations (privately originated) 2.71%** |  |  |
| Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029 (9.405% on <br> 11/25/2027) <sup>(a)(d)(g)</sup>  | 3342 | 3360 |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class M1, 4.25% 4/25/2033 <sup>(a)(d)(e)</sup>  | 1425 | 1403 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(a)(d)(e)</sup>  | 969 | 940 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(a)(d)(e)</sup>  | 553 | 548 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(a)(d)(e)</sup>  | 6301 | 6168 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(a)(d)(g)</sup>  | 2309 | 2285 |
| Connecticut Avenue Securities, Series 2025-R01, Class 1A1, (30-day Average USD-SOFR + 0.95%) 5.255% <br> 1/25/2045 <sup>(a)(d)(e)</sup>  | 1760 | 1758 |
| Connecticut Avenue Securities Trust, Series 2020-R01, Class 1B1, (30-day Average USD-SOFR + 3.364%) <br> 7.67% 1/25/2040 <sup>(a)(d)(e)</sup>  | 6883 | 7059 |
| Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M2, (30-day Average USD-SOFR + 3.55%) <br> 7.855% 5/25/2043 <sup>(a)(d)(e)</sup>  | 813 | 859 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(a)(d)(g)</sup>  | 9215 | 8876 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2021-DNA6, Class M2, (30-day Average <br> USD-SOFR + 1.50%) 5.805% 10/25/2041 <sup>(a)(d)(e)</sup>  | 728 | 732 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA1, Class A1, (30-day Average <br> USD-SOFR + 1.35%) 5.655% 2/25/2044 <sup>(a)(d)(e)</sup>  | 3166 | 3184 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA1, Class B2, (30-day Average <br> USD-SOFR + 5.214%) 9.52% 1/25/2050 <sup>(a)(d)(e)</sup>  | 3055 | 3370 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA3, Class B2, (30-day Average <br> USD-SOFR + 9.464%) 13.77% 6/25/2050 <sup>(a)(d)(e)</sup>  | 8401 | 10905 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA4, Class B2, (30-day Average <br> USD-SOFR + 10.114%) 14.42% 8/25/2050 <sup>(a)(d)(e)</sup>  | 5500 | 7296 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA5, Class B2, (30-day Average <br> USD-SOFR + 11.50%) 15.851% 10/25/2050 <sup>(a)(d)(e)</sup>  | 6000 | 8362 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA5, Class B2, (30-day Average <br> USD-SOFR + 7.40%) 11.705% 11/25/2050 <sup>(a)(d)(e)</sup>  | 13730 | 16535 |
| GS Mortgage-Backed Securities Trust, Series 2025-RPL3, Class A1, 4.10% 7/25/2065 (5.10% on <br> 6/1/2029) <sup>(a)(d)(g)</sup>  | 9747 | 9454 |
| IRV Trust, Series 2025-200P, Class A, 5.471% 3/14/2047 <sup>(a)(d)(e)</sup>  | 12740 | 12906 |
| IRV Trust, Series 2025-200P, Class C, 5.921% 3/14/2047 <sup>(a)(d)(e)</sup>  | 6390 | 6368 |
| Progress Residential Trust, Series 2024-SFR1, Class E1, 3.85% 2/17/2041 <sup>(a)(d)</sup>  | 1697 | 1594 |
| Progress Residential Trust, Series 2024-SFR1, Class E2, 3.85% 2/17/2041 <sup>(a)(d)</sup>  | 698 | 649 |
| Progress Residential Trust, Series 2024-SFR2, Class E1, 3.40% 4/17/2041 <sup>(a)(d)(e)</sup>  | 1532 | 1414 |
| Progress Residential Trust, Series 2024-SFR2, Class E2, 3.65% 4/17/2041 <sup>(a)(d)(e)</sup>  | 642 | 591 |
| Progress Residential Trust, Series 2024-SFR3, Class E1, 4.00% 6/17/2041 <sup>(a)(d)</sup>  | 3457 | 3247 |
| Progress Residential Trust, Series 2024-SFR3, Class E2, 4.00% 6/17/2041 <sup>(a)(d)</sup>  | 889 | 828 |

---

---

| | |
|:---|:---|
| **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)** |
| **Collateralized mortgage-backed obligations (privately originated) (continued)** |  |  |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(a)(d)</sup>  | USD<br> 6,229<br>| $5870 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(a)(d)(g)</sup>  | 7266 | 6957 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class C, (1-month USD CME Term SOFR + 2.45%) <br> 6.762% 10/17/2041 <sup>(a)(d)(e)</sup>  | 6667 | 6699 |
|  |  | 140217 |
| **Total mortgage-backed obligations** |  | 2289934 |
| **Corporate bonds, notes & loans 31.17%** | **Corporate bonds, notes & loans 31.17%** | **Corporate bonds, notes & loans 31.17%** |
| **Financials 6.34%** |  |  |
| AerCap Ireland Capital DAC 1.75% 1/30/2026  | 150 | 147 |
| AG TTMT Escrow Issuer, LLC 8.625% 9/30/2027 <sup>(d)</sup>  | 1175 | 1217 |
| Alpha Bank SA 6.875% 6/27/2029 (1-year EUR-ICE Swap EURIBOR + 3.793% on 6/27/2028) <sup>(g)</sup>  | EUR<br> 520<br>| 679 |
| Alpha Bank SA 5.00% 5/12/2030 (1-year EUR-ICE Swap EURIBOR + 2.432% on 5/12/2029) <sup>(g)</sup>  | 300 | 376 |
| Alpha Bank SA 4.25% 6/11/2031 (5-year EUR Mid-Swap + 5.823% on 6/11/2026) <sup>(g)</sup>  | 105 | 126 |
| American Express Co. 5.043% 5/1/2034 (USD-SOFR + 1.835% on 5/1/2033) <sup>(g)</sup>  | USD<br> 71<br>| 72 |
| American Express Co. 5.284% 7/26/2035 (USD-SOFR + 1.42% on 7/26/2034) <sup>(g)</sup>  | 150 | 152 |
| American Express Co. 5.667% 4/25/2036 (USD-SOFR + 1.79% on 4/25/2035) <sup>(g)</sup>  | 108 | 112 |
| American International Group, Inc. 5.45% 5/7/2035  | 6112 | 6271 |
| Aon Corp. 3.90% 2/28/2052  | 2567 | 1905 |
| Aon North America, Inc. 5.45% 3/1/2034  | 2525 | 2595 |
| Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 <sup>(d)</sup>  | 3740 | 3939 |
| Aretec Group, Inc. 7.50% 4/1/2029 <sup>(d)</sup>  | 175 | 177 |
| Aretec Group, Inc. 10.00% 8/15/2030 <sup>(d)</sup>  | 355 | 391 |
| 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>(g)</sup>  | 1080 | 1005 |
| 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>(g)</sup>  | 1000 | 891 |
| Bank of America Corp. 5.288% 4/25/2034 (USD-SOFR + 1.91% on 4/25/2033) <sup>(g)</sup>  | 4110 | 4194 |
| Bank of America Corp. 5.872% 9/15/2034 (USD-SOFR + 1.84% on 9/15/2033) <sup>(g)</sup>  | 1834 | 1936 |
| Bank of America Corp. 5.511% 1/24/2036 (USD-SOFR + 1.31% on 1/24/2035) <sup>(g)</sup>  | 2425 | 2494 |
| BBVA Bancomer, SA 7.625% 2/11/2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.375% on <br> 2/11/2030) <sup>(d)(g)</sup>  | 299 | 308 |
| BlackRock Funding, Inc. 5.00% 3/14/2034  | 2460 | 2514 |
| BlackRock Funding, Inc. 5.25% 3/14/2054  | 2190 | 2102 |
| Block, Inc. 6.50% 5/15/2032  | 2200 | 2271 |
| BNP Paribas SA 2.591% 1/20/2028 (USD-SOFR + 1.228% on 1/20/2027) <sup>(d)(g)</sup>  | 200 | 194 |
| BNP Paribas SA 5.738% 2/20/2035 (USD-SOFR + 1.88% on 2/20/2034) <sup>(d)(g)</sup>  | 4150 | 4300 |
| BPCE SA 5.936% 5/30/2035 (USD-SOFR + 1.85% on 5/30/2034) <sup>(d)(g)</sup>  | 3400 | 3486 |
| BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) <sup>(d)(g)</sup>  | 11300 | 11873 |
| Brown & Brown, Inc. 5.25% 6/23/2032  | 1774 | 1810 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 4109 | 4192 |
| CaixaBank, SA 6.84% 9/13/2034 (USD-SOFR + 2.77% on 9/13/2033) <sup>(d)(g)</sup>  | 2400 | 2637 |
| CaixaBank, SA 6.037% 6/15/2035 (USD-SOFR + 2.26% on 9/15/2034) <sup>(d)(g)</sup>  | 4520 | 4732 |
| CaixaBank, SA 5.581% 7/3/2036 (USD-SOFR + 1.79% on 7/3/2035) <sup>(d)(g)</sup>  | 3527 | 3565 |
| Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029) <sup>(g)</sup>  | 1700 | 1759 |
| Capital One Financial Corp. 6.377% 6/8/2034 (USD-SOFR + 2.86% on 6/8/2033) <sup>(g)</sup>  | 1980 | 2109 |
| Capital One Financial Corp. 6.051% 2/1/2035 (USD-SOFR + 2.26% on 2/1/2034) <sup>(g)</sup>  | 3921 | 4089 |
| Capital One Financial Corp. 5.884% 7/26/2035 (USD-SOFR + 1.99% on 7/26/2034) <sup>(g)</sup>  | 1674 | 1727 |
| Charles Schwab Corp. (The) 5.853% 5/19/2034 (USD-SOFR + 2.50% on 5/19/2033) <sup>(g)</sup>  | 1592 | 1692 |
| Chubb INA Holdings, LLC 5.00% 3/15/2034  | 4865 | 4959 |
| Citigroup, Inc. 2.52% 11/3/2032 (USD-SOFR + 1.177% on 11/3/2031) <sup>(g)</sup>  | 1238 | 1083 |
| Citigroup, Inc. 3.057% 1/25/2033 (USD-SOFR + 1.351% on 1/25/2032) <sup>(g)</sup>  | 1040 | 930 |
| Citigroup, Inc. 6.27% 11/17/2033 (USD-SOFR + 2.338% on 11/17/2032) <sup>(g)</sup>  | 1087 | 1171 |
| Citigroup, Inc. 5.827% 2/13/2035 (USD-SOFR + 2.056% on 2/13/2034) <sup>(g)</sup>  | 100 | 102 |
| Citigroup, Inc. 6.02% 1/24/2036 (USD-SOFR + 1.83% on 1/24/2035) <sup>(g)</sup>  | 1788 | 1837 |
| Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) <sup>(g)</sup>  | 15070 | 15194 |
| Coinbase Global, Inc. 3.625% 10/1/2031 <sup>(d)</sup>  | 1000 | 891 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(d)</sup>  | 3949 | 3548 |
| Compass Group Diversified Holdings, LLC 5.00% 1/15/2032 <sup>(d)</sup>  | 2080 | 1762 |

---

---

| | |
|:---|:---|
| 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>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** |  |  |
| 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>(d)(g)</sup>  | USD<br> 600<br>| $598 |
| Deutsche Bank AG 5.706% 2/8/2028 (USD-SOFR + 1.594% on 2/8/2027) <sup>(g)</sup>  | 943 | 959 |
| Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) <sup>(g)</sup>  | 1500 | 1601 |
| Deutsche Bank AG 5.403% 9/11/2035 (USD-SOFR + 2.05% on 9/11/2034) <sup>(g)</sup>  | 5025 | 4999 |
| Eurobank SA 4.00% 9/24/2030 (1-year EUR Mid-Swap + 2.127% on 9/24/2029) <sup>(g)</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>(g)</sup>  | 3050 | 3821 |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(g)</sup>  | USD<br> 150<br>| 154 |
| Goldman Sachs Group, Inc. 2.65% 10/21/2032 (USD-SOFR + 1.264% on 10/21/2031) <sup>(g)</sup>  | 415 | 367 |
| Goldman Sachs Group, Inc. 5.851% 4/25/2035 (USD-SOFR + 1.552% on 4/25/2034) <sup>(g)</sup>  | 7155 | 7507 |
| Goldman Sachs Group, Inc. 5.33% 7/23/2035 (USD-SOFR + 1.55% on 7/23/2034) <sup>(g)</sup>  | 6154 | 6210 |
| Goldman Sachs Group, Inc. 5.016% 10/23/2035 (USD-SOFR + 1.42% on 10/23/2034) <sup>(g)</sup>  | 150 | 148 |
| Goldman Sachs Group, Inc. 5.536% 1/28/2036 (USD-SOFR + 1.38% on 1/28/2035) <sup>(g)</sup>  | 5074 | 5205 |
| Goldman Sachs Group, Inc. 3.436% 2/24/2043 (USD-SOFR + 1.632% on 2/24/2042) <sup>(g)</sup>  | 4293 | 3275 |
| Goldman Sachs Group, Inc. 5.734% 1/25/2056 (USD-SOFR + 1.696% on 1/28/2055) <sup>(g)</sup>  | 1450 | 1451 |
| Howden UK Refinance PLC 7.25% 2/15/2031 <sup>(d)</sup>  | 1440 | 1492 |
| HSBC Holdings PLC 5.402% 8/11/2033 (USD-SOFR + 2.87% on 8/11/2032) <sup>(g)</sup>  | 1125 | 1154 |
| HSBC Holdings PLC 5.45% 3/3/2036 (USD-SOFR + 1.56% on 3/3/2035) <sup>(g)</sup>  | 2726 | 2742 |
| HUB International, Ltd. 7.25% 6/15/2030 <sup>(d)</sup>  | 1248 | 1305 |
| IIFL Finance, Ltd. 8.75% 7/24/2028 <sup>(d)</sup>  | 4685 | 4717 |
| ING Groep NV 4.017% 3/28/2028 (USD-SOFR + 1.83% on 3/28/2027) <sup>(g)</sup>  | 375 | 373 |
| Jane Street Group, LLC 6.75% 5/1/2033 <sup>(d)</sup>  | 1315 | 1353 |
| JPMorgan Chase & Co. 5.103% 4/22/2031 (USD-SOFR + 1.435% on 4/22/2030) <sup>(g)</sup>  | 180 | 184 |
| JPMorgan Chase & Co. 5.502% 1/24/2036 (USD-SOFR + 1.315% on 1/24/2035) <sup>(g)</sup>  | 6999 | 7212 |
| JPMorgan Chase & Co. 5.572% 4/22/2036 (USD-SOFR + 1.68% on 4/22/2035) <sup>(g)</sup>  | 5519 | 5722 |
| 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>(g)</sup>  | 950 | 925 |
| Marsh & McLennan Cos., Inc. 5.00% 3/15/2035  | 9310 | 9312 |
| Marsh & McLennan Cos., Inc. 5.40% 3/15/2055  | 6550 | 6318 |
| Mastercard, Inc. 4.85% 3/9/2033  | 65 | 66 |
| Mastercard, Inc. 4.55% 1/15/2035  | 2525 | 2484 |
| MetLife, Inc. 5.375% 7/15/2033  | 300 | 312 |
| Metropolitan Life Global Funding I 5.15% 3/28/2033 <sup>(d)</sup>  | 3702 | 3759 |
| Metropolitan Life Global Funding I 5.05% 1/8/2034 <sup>(d)</sup>  | 4105 | 4142 |
| Morgan Stanley 4.21% 4/20/2028 (USD-SOFR + 1.61% on 4/20/2027) <sup>(g)</sup>  | 471 | 470 |
| Morgan Stanley 5.164% 4/20/2029 (USD-SOFR + 1.59% on 4/20/2028) <sup>(g)</sup>  | 160 | 163 |
| Morgan Stanley 4.654% 10/18/2030 (USD-SOFR + 1.10% on 10/18/2029) <sup>(g)</sup>  | 289 | 290 |
| Morgan Stanley 5.25% 4/21/2034 (USD-SOFR + 1.87% on 4/21/2033) <sup>(g)</sup>  | 1411 | 1436 |
| Morgan Stanley 5.424% 7/21/2034 (USD-SOFR + 1.88% on 7/21/2033) <sup>(g)</sup>  | 1825 | 1870 |
| Morgan Stanley 5.831% 4/19/2035 (USD-SOFR + 1.58% on 4/19/2034) <sup>(g)</sup>  | 6575 | 6891 |
| Morgan Stanley 5.32% 7/19/2035 (USD-SOFR + 1.555% on 7/19/2034) <sup>(g)</sup>  | 8100 | 8202 |
| Morgan Stanley 5.587% 1/18/2036 (USD-SOFR + 1.418% on 1/18/2035) <sup>(g)</sup>  | 4827 | 4957 |
| Morgan Stanley 5.664% 4/17/2036 (USD-SOFR + 1.757% on 4/17/2035) <sup>(g)</sup>  | 1290 | 1337 |
| 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>(g)</sup>  | 1750 | 1797 |
| Morgan Stanley 5.516% 11/19/2055 (USD-SOFR + 1.71% on 11/19/2054) <sup>(g)</sup>  | 1063 | 1040 |
| Navient Corp. 5.50% 3/15/2029  | 1620 | 1588 |
| Navient Corp. 11.50% 3/15/2031  | 1165 | 1321 |
| Navient Corp. 5.625% 8/1/2033  | 14433 | 13284 |
| OneMain Finance Corp. 7.50% 5/15/2031  | 4804 | 5023 |
| OneMain Finance Corp. 7.125% 11/15/2031  | 4155 | 4326 |
| OneMain Finance Corp. 7.125% 9/15/2032  | 2960 | 3068 |
| Piraeus Bank SA 6.75% 12/5/2029 (1-year EUR Mid-Swap + 3.837% on 12/5/2028) <sup>(g)</sup>  | EUR<br> 210<br>| 275 |
| Piraeus Bank SA 5.00% 4/16/2030 (1-year EUR-ICE Swap EURIBOR + 2.245% on 4/16/2029) <sup>(g)</sup>  | 1900 | 2373 |
| PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033) <sup>(g)</sup>  | USD<br> 7,045<br>| 7878 |
| PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034) <sup>(g)</sup>  | 273 | 284 |
| PNC Financial Services Group, Inc. 5.401% 7/23/2035 (USD-SOFR + 1.599% on 7/23/2034) <sup>(g)</sup>  | 7505 | 7645 |
| PNC Financial Services Group, Inc. 5.575% 1/29/2036 (USD-SOFR + 1.394% on 1/29/2035) <sup>(g)</sup>  | 950 | 979 |
| State Street Corp. 5.159% 5/18/2034 (USD-SOFR + 1.89% on 5/18/2033) <sup>(g)</sup>  | 276 | 282 |
| Synchrony Financial 5.45% 3/6/2031 (USD-SOFR + 1.68% on 3/6/2030) <sup>(g)</sup>  | 2905 | 2931 |
| Synchrony Financial 7.25% 2/2/2033  | 6099 | 6385 |
| Truist Financial Corp. 5.153% 8/5/2032 (USD-SOFR + 1.571% on 8/5/2031) <sup>(g)</sup>  | 1755 | 1790 |

---

---

| | |
|:---|:---|
| **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>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** |  |  |
| Truist Financial Corp. 5.867% 6/8/2034 (USD-SOFR + 2.361% on 6/8/2033) <sup>(g)</sup>  | USD<br> 1,972<br>| $2061 |
| Truist Financial Corp. 5.711% 1/24/2035 (USD-SOFR + 1.922% on 1/24/2034) <sup>(g)</sup>  | 6212 | 6442 |
| U.S. Bancorp 5.836% 6/12/2034 (USD-SOFR + 2.26% on 6/10/2033) <sup>(g)</sup>  | 25 | 26 |
| U.S. Bancorp 5.678% 1/23/2035 (USD-SOFR + 1.86% on 1/23/2034) <sup>(g)</sup>  | 4115 | 4274 |
| U.S. Bancorp 5.424% 2/12/2036 (USD-SOFR + 1.411% on 2/12/2035) <sup>(g)</sup>  | 6800 | 6932 |
| UBS Group AG 3.091% 5/14/2032 (USD-SOFR + 1.73% on 5/14/2031) <sup>(d)(g)</sup>  | 3520 | 3196 |
| 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>(d)(g)</sup>  | 1600 | 1719 |
| Wells Fargo & Co. 4.808% 7/25/2028 (USD-SOFR + 1.98% on 7/25/2027) <sup>(g)</sup>  | 1050 | 1059 |
| Wells Fargo & Co. 5.211% 12/3/2035 (USD-SOFR + 1.38% on 12/3/2034) <sup>(g)</sup>  | 399 | 401 |
| Wells Fargo & Co. 5.605% 4/23/2036 (USD-SOFR + 1.74% on 4/23/2035) <sup>(g)</sup>  | 7771 | 8024 |
|  |  | 327523 |
| **Energy 4.76%** |  |  |
| 3R Lux SARL 9.75% 2/5/2031 <sup>(d)</sup>  | 585 | 592 |
| APA Corp. 5.25% 2/1/2042 <sup>(d)</sup>  | 615 | 492 |
| APA Corp. 5.35% 7/1/2049 <sup>(d)</sup>  | 965 | 767 |
| Ascent Resources Utica Holdings, LLC 6.625% 10/15/2032 <sup>(d)</sup>  | 1050 | 1069 |
| Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 <sup>(d)</sup>  | 1660 | 1685 |
| Baytex Energy Corp. 7.375% 3/15/2032 <sup>(d)</sup>  | 4295 | 4105 |
| Blue Racer Midstream, LLC 7.00% 7/15/2029 <sup>(d)</sup>  | 675 | 705 |
| Borr IHC, Ltd. 10.00% 11/15/2028 <sup>(d)</sup>  | 1892 | 1729 |
| Borr IHC, Ltd. 10.375% 11/15/2030 <sup>(d)</sup>  | 2086 | 1847 |
| Cheniere Energy Partners, LP 4.00% 3/1/2031  | 789 | 751 |
| Cheniere Energy Partners, LP 5.95% 6/30/2033  | 1800 | 1880 |
| Cheniere Energy, Inc. 4.625% 10/15/2028  | 175 | 175 |
| Civitas Resources, Inc. 8.375% 7/1/2028 <sup>(d)</sup>  | 1625 | 1666 |
| Civitas Resources, Inc. 8.625% 11/1/2030 <sup>(d)</sup>  | 4025 | 4090 |
| Civitas Resources, Inc. 8.75% 7/1/2031 <sup>(d)</sup>  | 4445 | 4500 |
| Civitas Resources, Inc. 9.625% 6/15/2033 <sup>(d)</sup>  | 630 | 646 |
| CNX Resources Corp. 7.375% 1/15/2031 <sup>(d)</sup>  | 185 | 193 |
| CNX Resources Corp. 7.25% 3/1/2032 <sup>(d)</sup>  | 5171 | 5358 |
| Comstock Resources, Inc. 5.875% 1/15/2030 <sup>(d)</sup>  | 4207 | 4090 |
| ConocoPhillips Co. 3.80% 3/15/2052  | 5420 | 3940 |
| ConocoPhillips Co. 5.55% 3/15/2054  | 3538 | 3385 |
| ConocoPhillips Co. 5.50% 1/15/2055  | 700 | 665 |
| Constellation Oil Services Holding SA 9.375% 11/7/2029 <sup>(d)</sup>  | 4290 | 4369 |
| Crescent Energy Finance, LLC 9.25% 2/15/2028 <sup>(d)</sup>  | 1173 | 1223 |
| Crescent Energy Finance, LLC 7.625% 4/1/2032 <sup>(d)</sup>  | 1440 | 1407 |
| Crescent Energy Finance, LLC 7.375% 1/15/2033 <sup>(d)</sup>  | 6979 | 6677 |
| Devon Energy Corp. 5.75% 9/15/2054  | 2270 | 2045 |
| Diamondback Energy, Inc. 5.15% 1/30/2030  | 731 | 748 |
| Diamondback Energy, Inc. 5.40% 4/18/2034  | 4428 | 4443 |
| Diamondback Energy, Inc. 5.55% 4/1/2035  | 1740 | 1760 |
| Diamondback Energy, Inc. 5.75% 4/18/2054  | 3367 | 3129 |
| Diamondback Energy, Inc. 5.90% 4/18/2064  | 1777 | 1647 |
| Ecopetrol SA 7.75% 2/1/2032  | 5750 | 5654 |
| Ecopetrol SA 8.875% 1/13/2033  | 3408 | 3518 |
| Ecopetrol SA 8.375% 1/19/2036  | 6055 | 5846 |
| Encino Acquisition Partners Holdings, LLC 8.75% 5/1/2031 <sup>(d)</sup>  | 2495 | 2757 |
| Energean Israel Finance, Ltd. 5.875% 3/30/2031 <sup>(d)</sup>  | 1055 | 975 |
| Eni SpA 5.50% 5/15/2034 <sup>(d)</sup>  | 1740 | 1754 |
| Eni SpA 5.75% 5/19/2035 <sup>(d)</sup>  | 2729 | 2793 |
| Eni SpA 5.95% 5/15/2054 <sup>(d)</sup>  | 7082 | 6859 |
| Enterprise Products Operating, LLC 4.95% 2/15/2035  | 435 | 434 |
| EOG Resources, Inc. 5.65% 12/1/2054  | 5950 | 5815 |
| EQT Corp. 7.50% 6/1/2030 <sup>(d)</sup>  | 25 | 27 |
| EQT Corp. 4.75% 1/15/2031 <sup>(d)</sup>  | 1994 | 1964 |
| Expand Energy Corp. 5.875% 2/1/2029 <sup>(d)</sup>  | 425 | 427 |
| Expand Energy Corp. 6.75% 4/15/2029 <sup>(d)</sup>  | 860 | 871 |

---

---

| | |
|:---|:---|
| 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Energy (continued)** |  |  |
| Exxon Mobil Corp. 3.452% 4/15/2051  | USD<br> 3,755<br>| $2665 |
| Genesis Energy, LP 8.25% 1/15/2029  | 1017 | 1064 |
| Genesis Energy, LP 7.875% 5/15/2032  | 2200 | 2289 |
| GeoPark, Ltd. 8.75% 1/31/2030 <sup>(d)</sup>  | 4750 | 4184 |
| Global Partners, LP 8.25% 1/15/2032 <sup>(d)</sup>  | 285 | 300 |
| Gulfport Energy Operating Corp. 6.75% 9/1/2029 <sup>(d)</sup>  | 845 | 867 |
| Harvest Midstream I, LP 7.50% 9/1/2028 <sup>(d)</sup>  | 75 | 76 |
| Hilcorp Energy I, LP 6.00% 4/15/2030 <sup>(d)</sup>  | 135 | 131 |
| Hilcorp Energy I, LP 6.25% 4/15/2032 <sup>(d)</sup>  | 5812 | 5555 |
| Hilcorp Energy I, LP 8.375% 11/1/2033 <sup>(d)</sup>  | 4210 | 4371 |
| Kinetik Holdings, LP 6.625% 12/15/2028 <sup>(d)</sup>  | 285 | 292 |
| Kraken Oil & Gas Partners, LLC 7.625% 8/15/2029 <sup>(d)</sup>  | 825 | 811 |
| Leviathan Bond, Ltd. 6.75% 6/30/2030 <sup>(d)</sup>  | 650 | 643 |
| Matador Resources Co. 6.25% 4/15/2033 <sup>(d)</sup>  | 1695 | 1687 |
| Murphy Oil Corp. 6.00% 10/1/2032  | 675 | 644 |
| MV24 Capital BV 6.748% 6/1/2034  | 659 | 640 |
| Nabors Industries, Inc. 8.875% 8/15/2031 <sup>(d)</sup>  | 3160 | 2350 |
| NFE Financing, LLC 12.00% 11/15/2029 <sup>(d)</sup>  | 15686 | 7134 |
| NGL Energy Operating, LLC 8.125% 2/15/2029 <sup>(d)</sup>  | 773 | 782 |
| NGL Energy Operating, LLC 8.375% 2/15/2032 <sup>(d)</sup>  | 2020 | 2028 |
| Noble Finance II, LLC 8.00% 4/15/2030 <sup>(d)</sup>  | 3425 | 3490 |
| Northern Oil and Gas, Inc. 8.75% 6/15/2031 <sup>(d)</sup>  | 1215 | 1254 |
| Occidental Petroleum Corp. 6.125% 1/1/2031  | 415 | 430 |
| Occidental Petroleum Corp. 5.55% 10/1/2034  | 1330 | 1306 |
| Occidental Petroleum Corp. 6.60% 3/15/2046  | 1875 | 1850 |
| ONEOK, Inc. 4.00% 7/13/2027  | 50 | 50 |
| ONEOK, Inc. 6.35% 1/15/2031  | 40 | 43 |
| Permian Resources Operating, LLC 9.875% 7/15/2031 <sup>(d)</sup>  | 530 | 581 |
| Permian Resources Operating, LLC 7.00% 1/15/2032 <sup>(d)</sup>  | 285 | 296 |
| Petrobras Global Finance BV 5.60% 1/3/2031  | 611 | 620 |
| Petroleos Mexicanos 6.49% 1/23/2027  | 1475 | 1468 |
| Petroleos Mexicanos 6.50% 3/13/2027  | 1300 | 1292 |
| Petroleos Mexicanos 8.75% 6/2/2029  | 725 | 752 |
| Petroleos Mexicanos 6.84% 1/23/2030  | 1330 | 1286 |
| Petroleos Mexicanos 5.95% 1/28/2031  | 4940 | 4471 |
| Petroleos Mexicanos 6.70% 2/16/2032  | 4100 | 3813 |
| Petroleos Mexicanos 10.00% 2/7/2033  | 1650 | 1768 |
| Petroleos Mexicanos 6.50% 6/2/2041  | 34 | 25 |
| Petroleos Mexicanos 6.75% 9/21/2047  | 305 | 221 |
| Petroleos Mexicanos 6.35% 2/12/2048  | 77 | 54 |
| Petroleos Mexicanos 7.69% 1/23/2050  | 110 | 87 |
| Petroleos Mexicanos 6.95% 1/28/2060  | 381 | 274 |
| Pluspetrol SA 8.50% 5/30/2032 <sup>(d)</sup>  | 4470 | 4520 |
| Raizen Fuels Finance SA 6.70% 2/25/2037 <sup>(d)</sup>  | 4230 | 4156 |
| Saturn Oil & Gas, Inc. 9.625% 6/15/2029 <sup>(d)</sup>  | 340 | 338 |
| Saudi Arabian Oil Co. 5.75% 7/17/2054 <sup>(d)</sup>  | 3730 | 3505 |
| Seadrill Finance, Ltd. 8.375% 8/1/2030 <sup>(d)</sup>  | 210 | 214 |
| Shell Finance US, Inc. 2.75% 4/6/2030  | 75 | 70 |
| Shell International Finance BV 3.00% 11/26/2051  | 5097 | 3285 |
| Summit Midstream Holdings, LLC 8.625% 10/31/2029 <sup>(d)</sup>  | 1360 | 1392 |
| Sunoco, LP 7.00% 5/1/2029 <sup>(d)</sup>  | 1250 | 1303 |
| Sunoco, LP 4.50% 4/30/2030  | 150 | 144 |
| Sunoco, LP 7.25% 5/1/2032 <sup>(d)</sup>  | 2551 | 2680 |
| Sunoco, LP 6.25% 7/1/2033 <sup>(d)</sup>  | 400 | 407 |
| Talos Production, Inc. 9.00% 2/1/2029 <sup>(d)</sup>  | 705 | 722 |
| Talos Production, Inc. 9.375% 2/1/2031 <sup>(d)</sup>  | 185 | 189 |
| Targa Resources Corp. 5.65% 2/15/2036  | 1990 | 2010 |
| Tidewater, Inc. 9.125% 7/15/2030 <sup>(d)</sup>  | 1115 | 1148 |
| TotalEnergies Capital SA 4.724% 9/10/2034  | 2866 | 2849 |
| TotalEnergies Capital SA 5.488% 4/5/2054  | 760 | 732 |
| Transocean Aquila, Ltd. 8.00% 9/30/2028 <sup>(d)</sup>  | 1011 | 1022 |
| Transocean, Inc. 8.00% 2/1/2027 <sup>(d)</sup>  | 686 | 676 |

---

---

| | |
|:---|:---|
| **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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Energy (continued)** |  |  |
| Transocean, Inc. 8.25% 5/15/2029 <sup>(d)</sup>  | USD<br> 1,180<br>| $1092 |
| Transocean, Inc. 8.75% 2/15/2030 <sup>(d)</sup>  | 543 | 559 |
| Transocean, Inc. 8.50% 5/15/2031 <sup>(d)</sup>  | 1210 | 1081 |
| Transocean, Inc. 6.80% 3/15/2038  | 1255 | 884 |
| Transportadora de Gas del Sur SA 8.50% 7/24/2031 <sup>(d)</sup>  | 1630 | 1713 |
| USA Compression Partners, LP 7.125% 3/15/2029 <sup>(d)</sup>  | 1340 | 1374 |
| Venture Global Calcasieu Pass, LLC 6.25% 1/15/2030 <sup>(d)</sup>  | 1549 | 1599 |
| Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 <sup>(d)</sup>  | 2019 | 1870 |
| Venture Global LNG, Inc. 8.125% 6/1/2028 <sup>(d)</sup>  | 750 | 776 |
| Venture Global LNG, Inc. 8.375% 6/1/2031 <sup>(d)</sup>  | 3843 | 3994 |
| Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 <sup>(d)</sup>  | 5125 | 5491 |
| Venture Global Plaquemines LNG, LLC 6.625% 1/31/2034 <sup>(d)</sup>  | 2575 | 2575 |
| Venture Global Plaquemines LNG, LLC 7.75% 5/1/2035 <sup>(d)</sup>  | 2900 | 3141 |
| Venture Global Plaquemines LNG, LLC 6.875% 1/31/2036 <sup>(d)</sup>  | 2325 | 2325 |
| Vista Energy Argentina SAU 8.50% 6/10/2033 <sup>(d)</sup>  | 2500 | 2530 |
| Vista Energy Argentina SAU 7.625% 12/10/2035 <sup>(d)</sup>  | 4400 | 4271 |
| Vital Energy, Inc. 7.875% 4/15/2032 <sup>(d)</sup>  | 1955 | 1673 |
| Weatherford International, Ltd. 8.625% 4/30/2030 <sup>(d)</sup>  | 125 | 129 |
| Wildfire Intermediate Holdings, LLC 7.50% 10/15/2029 <sup>(d)</sup>  | 2195 | 2186 |
|  |  | 246041 |
| **Health care 3.35%** |  |  |
| AbbVie, Inc. 5.05% 3/15/2034  | 8640 | 8800 |
| AbbVie, Inc. 5.35% 3/15/2044  | 625 | 613 |
| AbbVie, Inc. 5.40% 3/15/2054  | 10710 | 10421 |
| AbbVie, Inc. 5.50% 3/15/2064  | 2250 | 2184 |
| Amgen, Inc. 5.25% 3/2/2030  | 623 | 642 |
| Amgen, Inc. 4.20% 3/1/2033  | 4240 | 4072 |
| Amgen, Inc. 5.25% 3/2/2033  | 3495 | 3580 |
| Amgen, Inc. 4.875% 3/1/2053  | 725 | 634 |
| Amgen, Inc. 5.65% 3/2/2053  | 13136 | 12835 |
| Amgen, Inc. 5.75% 3/2/2063  | 4560 | 4437 |
| AstraZeneca Finance, LLC 5.00% 2/26/2034  | 1725 | 1759 |
| Baxter International, Inc. 3.132% 12/1/2051  | 5229 | 3342 |
| Bayer US Finance, LLC 6.50% 11/21/2033 <sup>(d)</sup>  | 3203 | 3436 |
| Bayer US Finance, LLC 6.875% 11/21/2053 <sup>(d)</sup>  | 3573 | 3797 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 846 | 867 |
| Bristol-Myers Squibb Co. 5.50% 2/22/2044  | 325 | 322 |
| Bristol-Myers Squibb Co. 5.55% 2/22/2054  | 7372 | 7197 |
| Bristol-Myers Squibb Co. 5.65% 2/22/2064  | 2365 | 2298 |
| CHS / Community Health Systems, Inc. 5.25% 5/15/2030 <sup>(d)</sup>  | 75 | 67 |
| CVS Health Corp. 1.875% 2/28/2031  | 50 | 43 |
| CVS Health Corp. 6.00% 6/1/2044  | 3100 | 3066 |
| CVS Health Corp. 5.875% 6/1/2053  | 6943 | 6639 |
| CVS Health Corp. 6.05% 6/1/2054  | 6150 | 6032 |
| CVS Health Corp. 6.00% 6/1/2063  | 1511 | 1446 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(d)</sup>  | 300 | 310 |
| Elevance Health, Inc. 4.55% 5/15/2052  | 203 | 166 |
| Endo Finance Holdings, Inc. 8.50% 4/15/2031 <sup>(d)</sup>  | 2455 | 2602 |
| Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.00%) 8.327% 4/23/2031 <sup>(e)(h)</sup>  | 1469 | 1470 |
| Gilead Sciences, Inc. 5.25% 10/15/2033  | 650 | 673 |
| Gilead Sciences, Inc. 5.10% 6/15/2035  | 4558 | 4618 |
| Gilead Sciences, Inc. 5.55% 10/15/2053  | 1025 | 1012 |
| Grifols, SA 7.50% 5/1/2030  | EUR<br> 2,500<br>| 3088 |
| HCA, Inc. 3.625% 3/15/2032  | USD<br> 79<br>| 73 |
| Humana, Inc. 5.75% 4/15/2054  | 3817 | 3559 |
| Owens & Minor, Inc. 4.50% 3/31/2029 <sup>(d)</sup>  | 950 | 852 |
| Owens & Minor, Inc. 6.25% 4/1/2030 <sup>(d)</sup>  | 7295 | 6859 |
| Pfizer Investment Enterprises Pte., Ltd. 5.11% 5/19/2043  | 1750 | 1670 |
| Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053  | 10236 | 9670 |

---

---

| | |
|:---|:---|
| 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Health care (continued)** |  |  |
| Radiology Partners, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.50%) 1.50% PIK and 6.591% Cash <br> 1/31/2029 <sup>(e)(h)(i)</sup>  | USD<br> 36<br>| $36 |
| Sterigenics-Nordion Holdings, LLC 7.375% 6/1/2031 <sup>(d)</sup>  | 1700 | 1771 |
| Takeda U.S. Financing, Inc. 5.20% 7/7/2035  | 8518 | 8522 |
| Takeda U.S. Financing, Inc. 5.90% 7/7/2055  | 2140 | 2152 |
| Tenet Healthcare Corp. 6.75% 5/15/2031  | 200 | 207 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026  | 797 | 782 |
| Teva Pharmaceutical Finance Netherlands III BV 4.75% 5/9/2027  | 1121 | 1120 |
| Teva Pharmaceutical Finance Netherlands III BV 6.75% 3/1/2028  | 982 | 1020 |
| Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029  | 5173 | 5207 |
| Teva Pharmaceutical Finance Netherlands III BV 7.875% 9/15/2029  | 1300 | 1420 |
| Teva Pharmaceutical Finance Netherlands III BV 8.125% 9/15/2031  | 2539 | 2878 |
| Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032  | 600 | 613 |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  | 5290 | 5388 |
| UnitedHealth Group, Inc. 4.20% 5/15/2032  | 230 | 223 |
| UnitedHealth Group, Inc. 5.00% 4/15/2034  | 1500 | 1500 |
| UnitedHealth Group, Inc. 5.30% 6/15/2035  | 5653 | 5764 |
| UnitedHealth Group, Inc. 5.50% 7/15/2044  | 3900 | 3801 |
| UnitedHealth Group, Inc. 4.75% 5/15/2052  | 355 | 303 |
| UnitedHealth Group, Inc. 5.95% 6/15/2055  | 2566 | 2608 |
| Viatris, Inc. 4.00% 6/22/2050  | 3675 | 2450 |
|  |  | 172916 |
| **Utilities 2.45%** |  |  |
| Aegea Finance SARL 9.00% 1/20/2031 <sup>(d)</sup>  | 2063 | 2192 |
| AES Panama Generation Holdings, SRL 4.375% 5/31/2030 <sup>(d)</sup>  | 188 | 172 |
| Alabama Power Co. 5.85% 11/15/2033  | 300 | 320 |
| Comision Federal de Electricidad 6.45% 1/24/2035 <sup>(d)</sup>  | 1685 | 1665 |
| Duke Energy Corp. 6.10% 9/15/2053  | 300 | 306 |
| Edison International 4.125% 3/15/2028  | 250 | 241 |
| Edison International 5.25% 11/15/2028  | 339 | 336 |
| Edison International 5.25% 3/15/2032  | 5836 | 5540 |
| 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>(g)</sup>  | 4905 | 4659 |
| 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>(d)(g)</sup>  | 1325 | 1498 |
| Florida Power & Light Co. 5.30% 6/15/2034  | 150 | 155 |
| Florida Power & Light Co. 5.30% 4/1/2053  | 60 | 57 |
| Florida Power & Light Co. 5.60% 6/15/2054  | 1300 | 1296 |
| Florida Power & Light Co. 5.70% 3/15/2055  | 1225 | 1241 |
| Jersey Central Power & Light Co. 5.10% 1/15/2035  | 450 | 449 |
| Long Ridge Energy, LLC, 8.75% 2/15/2032 <sup>(d)</sup>  | 4085 | 4247 |
| NiSource, Inc. 5.40% 6/30/2033  | 250 | 256 |
| Pacific Gas and Electric Co. 3.15% 1/1/2026  | 40 | 40 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028  | 600 | 597 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 755 | 737 |
| Pacific Gas and Electric Co. 3.25% 6/1/2031  | 200 | 180 |
| Pacific Gas and Electric Co. 6.15% 1/15/2033  | 400 | 412 |
| Pacific Gas and Electric Co. 6.40% 6/15/2033  | 3835 | 4011 |
| Pacific Gas and Electric Co. 5.80% 5/15/2034  | 375 | 375 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 1310 | 1299 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 9085 | 7332 |
| Pacific Gas and Electric Co. 3.50% 8/1/2050  | 16070 | 10318 |
| Pacific Gas and Electric Co. 6.70% 4/1/2053  | 7279 | 7308 |
| Pacific Gas and Electric Co. 5.90% 10/1/2054  | 4750 | 4312 |
| Pacific Gas and Electric Co. 6.15% 3/1/2055  | 1960 | 1831 |
| PacifiCorp 5.45% 2/15/2034  | 5438 | 5518 |
| PacifiCorp 5.35% 12/1/2053  | 4817 | 4335 |
| PacifiCorp 5.50% 5/15/2054  | 5351 | 4927 |
| PacifiCorp 5.80% 1/15/2055  | 7530 | 7214 |

---

---

| | |
|:---|:---|
| **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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Utilities (continued)** |  |  |
| PG&E Corp. 5.25% 7/1/2030  | USD<br> 546<br>| $520 |
| 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>(g)</sup>  | 9375 | 8902 |
| Public Service Enterprise Group, Inc. 5.40% 3/15/2035  | 200 | 202 |
| Southern California Edison Co. 5.20% 6/1/2034  | 7172 | 6961 |
| Southern California Edison Co. 4.00% 4/1/2047  | 485 | 349 |
| Southern California Edison Co. 4.125% 3/1/2048  | 158 | 115 |
| Southern California Edison Co. 3.65% 2/1/2050  | 1947 | 1288 |
| Southern California Edison Co. 2.95% 2/1/2051  | 6000 | 3519 |
| Southern California Edison Co. 3.45% 2/1/2052  | 10880 | 6845 |
| Southern California Edison Co. 5.75% 4/15/2054  | 1260 | 1130 |
| Southern California Edison Co. 5.90% 3/1/2055  | 4481 | 4103 |
| Southern California Edison Co. 6.20% 9/15/2055  | 3070 | 2943 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(d)</sup>  | 1567 | 1680 |
| YPF Energia Electrica SA 7.875% 10/16/2032 <sup>(d)</sup>  | 2790 | 2767 |
|  |  | 126700 |
| **Consumer discretionary 2.38%** |  |  |
| Advance Auto Parts, Inc. 3.90% 4/15/2030  | 4725 | 4431 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 6585 | 5771 |
| Allied Universal Holdco, LLC 4.625% 6/1/2028 <sup>(d)</sup>  | 802 | 779 |
| Allied Universal Holdco, LLC 6.875% 6/15/2030 <sup>(d)</sup>  | 5235 | 5311 |
| Amazon.com, Inc. 3.95% 4/13/2052  | 400 | 316 |
| AutoNation, Inc. 5.89% 3/15/2035  | 6510 | 6607 |
| Caesars Entertainment, Inc. 6.50% 2/15/2032 <sup>(d)</sup>  | 2000 | 2053 |
| Carnival Corp. 6.00% 5/1/2029 <sup>(d)</sup>  | 2855 | 2887 |
| Carnival Corp. 7.00% 8/15/2029 <sup>(d)</sup>  | 3708 | 3909 |
| Carnival Corp. 5.75% 3/15/2030 <sup>(d)</sup>  | 6307 | 6418 |
| Carnival Corp. 6.125% 2/15/2033 <sup>(d)</sup>  | 7195 | 7366 |
| Cougar JV Subsidiary, LLC 8.00% 5/15/2032 <sup>(d)</sup>  | 465 | 496 |
| Fertitta Entertainment, LLC 4.625% 1/15/2029 <sup>(d)</sup>  | 350 | 335 |
| Ford Motor Co. 3.25% 2/12/2032  | 940 | 793 |
| Ford Motor Co. 4.75% 1/15/2043  | 995 | 766 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026  | 600 | 608 |
| Ford Motor Credit Co., LLC 2.70% 8/10/2026  | 1475 | 1436 |
| Ford Motor Credit Co., LLC 5.85% 5/17/2027  | 1700 | 1714 |
| Ford Motor Credit Co., LLC 4.95% 5/28/2027  | 1065 | 1058 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 2926 | 2956 |
| Ford Motor Credit Co., LLC 5.113% 5/3/2029  | 250 | 245 |
| Ford Motor Credit Co., LLC 7.20% 6/10/2030  | 3860 | 4064 |
| Ford Motor Credit Co., LLC 6.054% 11/5/2031  | 5069 | 5045 |
| Ford Motor Credit Co., LLC 7.122% 11/7/2033  | 1528 | 1587 |
| Ford Motor Credit Co., LLC 6.125% 3/8/2034  | 988 | 962 |
| General Motors Financial Co., Inc. 2.35% 2/26/2027  | 75 | 72 |
| General Motors Financial Co., Inc. 5.625% 4/4/2032  | 2134 | 2160 |
| General Motors Financial Co., Inc. 5.45% 9/6/2034  | 4800 | 4708 |
| General Motors Financial Co., Inc. 5.90% 1/7/2035  | 2282 | 2295 |
| GENM Capital Labuan, Ltd. 3.882% 4/19/2031  | 4000 | 3594 |
| Genting New York, LLC 7.25% 10/1/2029 <sup>(d)</sup>  | 625 | 649 |
| Great Canadian Gaming Corp. 8.75% 11/15/2029 <sup>(d)</sup>  | 1275 | 1249 |
| Hanesbrands, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.077% 3/7/2032 <sup>(e)(h)</sup>  | 57 | 57 |
| Harley-Davidson Financial Services, Inc. 5.95% 6/11/2029 <sup>(d)</sup>  | 3084 | 3138 |
| Home Depot, Inc. 4.95% 6/25/2034  | 1150 | 1165 |
| Home Depot, Inc. 5.40% 6/25/2064  | 8014 | 7704 |
| Hyundai Capital America 1.65% 9/17/2026 <sup>(d)</sup>  | 100 | 97 |
| International Game Technology PLC 5.25% 1/15/2029 <sup>(d)</sup>  | 650 | 645 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(d)</sup>  | 1335 | 1299 |
| LCM Investments Holdings II, LLC 8.25% 8/1/2031 <sup>(d)</sup>  | 1350 | 1436 |
| Lithia Motors, Inc. 3.875% 6/1/2029 <sup>(d)</sup>  | 308 | 294 |
| Lithia Motors, Inc. 4.375% 1/15/2031 <sup>(d)</sup>  | 900 | 856 |

---

---

| | |
|:---|:---|
| 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Consumer discretionary (continued)** |  |  |
| Macy's Retail Holdings, LLC 5.875% 3/15/2030 <sup>(d)</sup>  | USD<br> 50<br>| $49 |
| McDonald's Corp. 4.95% 3/3/2035  | 778 | 778 |
| Newell Brands, Inc. 8.50% 6/1/2028 <sup>(d)</sup>  | 1265 | 1332 |
| Newell Brands, Inc. 6.375% 5/15/2030  | 3415 | 3331 |
| Newell Brands, Inc. 6.625% 5/15/2032  | 5535 | 5294 |
| Newell Brands, Inc. 6.875% 4/1/2036 (7.125% on 10/1/2025) <sup>(g)</sup>  | 1995 | 1915 |
| Party City Holdings, Inc. 12.00% PIK 1/11/2029 <sup>(i)(j)(k)</sup>  | 148 | 15 |
| Royal Caribbean Cruises, Ltd. 5.375% 7/15/2027 <sup>(d)</sup>  | 400 | 403 |
| Royal Caribbean Cruises, Ltd. 5.50% 4/1/2028 <sup>(d)</sup>  | 706 | 715 |
| Sonic Automotive, Inc. 4.875% 11/15/2031 <sup>(d)</sup>  | 5613 | 5339 |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(d)</sup>  | 3130 | 3061 |
| Wynn Resorts Finance, LLC 7.125% 2/15/2031 <sup>(d)</sup>  | 514 | 548 |
| ZF North America Capital, Inc. 6.75% 4/23/2030 <sup>(d)</sup>  | 1090 | 1048 |
|  |  | 123159 |
| **Communication services 2.36%** |  |  |
| AT&T, Inc. 2.55% 12/1/2033  | 1850 | 1549 |
| AT&T, Inc. 3.50% 9/15/2053  | 1850 | 1253 |
| AT&T, Inc. 3.55% 9/15/2055  | 1200 | 810 |
| CCO Holdings, LLC 4.75% 2/1/2032 <sup>(d)</sup>  | 1789 | 1698 |
| CCO Holdings, LLC 4.50% 5/1/2032  | 800 | 746 |
| CCO Holdings, LLC 4.50% 6/1/2033 <sup>(d)</sup>  | 2785 | 2547 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(d)</sup>  | 4717 | 4202 |
| Charter Communications Operating, LLC 4.40% 4/1/2033  | 890 | 838 |
| Charter Communications Operating, LLC 6.65% 2/1/2034  | 580 | 621 |
| Charter Communications Operating, LLC 4.80% 3/1/2050  | 430 | 344 |
| Charter Communications Operating, LLC 3.70% 4/1/2051  | 10605 | 7070 |
| Charter Communications Operating, LLC 3.90% 6/1/2052  | 10625 | 7298 |
| Charter Communications Operating, LLC 5.25% 4/1/2053  | 12832 | 10909 |
| Comcast Corp. 2.887% 11/1/2051  | 4085 | 2488 |
| Comcast Corp. 5.65% 6/1/2054  | 4284 | 4166 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(d)</sup>  | 10990 | 11060 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(d)</sup>  | 1450 | 1496 |
| EchoStar Corp. 10.75% 11/30/2029  | 1380 | 1423 |
| Frontier Communications Holdings, LLC 5.00% 5/1/2028 <sup>(d)</sup>  | 711 | 711 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(d)</sup>  | 4340 | 4666 |
| Gray Media, Inc. 4.75% 10/15/2030 <sup>(d)</sup>  | 140 | 106 |
| Gray Media, Inc. 5.375% 11/15/2031 <sup>(d)</sup>  | 1829 | 1373 |
| Gray Television, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.574% 6/4/2029 <sup>(e)(h)</sup>  | 699 | 699 |
| Intelsat Jackson Holdings SA 6.50% 3/15/2030 <sup>(d)</sup>  | 2380 | 2433 |
| Meta Platforms, Inc. 4.45% 8/15/2052  | 725 | 612 |
| Meta Platforms, Inc. 5.40% 8/15/2054  | 3913 | 3819 |
| News Corp. 3.875% 5/15/2029 <sup>(d)</sup>  | 369 | 353 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(d)</sup>  | 944 | 907 |
| Sirius XM Radio, LLC 4.125% 7/1/2030 <sup>(d)</sup>  | 1950 | 1799 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(d)</sup>  | 10029 | 8921 |
| Snap, Inc. 6.875% 3/1/2033 <sup>(d)</sup>  | 5340 | 5483 |
| T-Mobile USA, Inc. 5.15% 4/15/2034  | 150 | 152 |
| T-Mobile USA, Inc. 3.40% 10/15/2052  | 3345 | 2237 |
| T-Mobile USA, Inc. 5.75% 1/15/2054  | 252 | 247 |
| Univision Communications, Inc. 8.00% 8/15/2028 <sup>(d)</sup>  | 2210 | 2245 |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(d)</sup>  | 6180 | 5625 |
| Univision Communications, Inc. 7.375% 6/30/2030 <sup>(d)</sup>  | 7556 | 7431 |
| Univision Communications, Inc. 8.50% 7/31/2031 <sup>(d)</sup>  | 5894 | 5906 |
| Verizon Communications, Inc. 1.75% 1/20/2031  | 300 | 259 |
| Verizon Communications, Inc. 5.25% 4/2/2035  | 200 | 202 |
| Verizon Communications, Inc. 2.875% 11/20/2050  | 132 | 82 |
| Verizon Communications, Inc. 3.55% 3/22/2051  | 200 | 143 |
| Verizon Communications, Inc. 3.875% 3/1/2052  | 782 | 582 |

---

---

| | |
|:---|:---|
| **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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Communication services (continued)** |  |  |
| Verizon Communications, Inc. 2.987% 10/30/2056  | USD<br> 337<br>| $203 |
| WarnerMedia Holdings, Inc. 5.141% 3/15/2052  | 516 | 319 |
| X Corp., Term Loan B, (USD-SOFR + 6.50%) 10.927% 10/26/2029 <sup>(e)(h)</sup>  | 4308 | 4215 |
|  |  | 122248 |
| **Real estate 2.06%** |  |  |
| Boston Properties, LP 2.55% 4/1/2032  | 2281 | 1926 |
| Boston Properties, LP 2.45% 10/1/2033  | 4700 | 3758 |
| Boston Properties, LP 6.50% 1/15/2034  | 3266 | 3498 |
| Boston Properties, LP 5.75% 1/15/2035  | 6799 | 6846 |
| Equinix, Inc. 3.40% 2/15/2052  | 4250 | 2852 |
| Fideicomiso Fibra Uno 7.70% 1/23/2032 <sup>(d)</sup>  | 677 | 706 |
| Fideicomiso Fibra Uno 8.25% 1/23/2037 <sup>(d)</sup>  | 1250 | 1319 |
| Howard Hughes Corp. (The) 4.125% 2/1/2029 <sup>(d)</sup>  | 930 | 886 |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(d)</sup>  | 3847 | 3553 |
| Hudson Pacific Properties, LP 3.25% 1/15/2030  | 2180 | 1785 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 4125 | 3870 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 4442 | 4072 |
| Kennedy-Wilson, Inc. 5.00% 3/1/2031  | 10435 | 9414 |
| Kilroy Realty, LP 2.65% 11/15/2033  | 1500 | 1179 |
| Kilroy Realty, LP 6.25% 1/15/2036  | 3959 | 3950 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 1160 | 1168 |
| MPT Operating Partnership, LP 5.00% 10/15/2027  | 7163 | 6622 |
| MPT Operating Partnership, LP 3.50% 3/15/2031  | 1400 | 991 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(d)</sup>  | 7405 | 7756 |
| Prologis, LP 5.125% 1/15/2034  | 3375 | 3418 |
| Prologis, LP 5.00% 3/15/2034  | 2780 | 2789 |
| Prologis, LP 5.00% 1/31/2035  | 747 | 747 |
| Prologis, LP 5.25% 3/15/2054  | 580 | 545 |
| Service Properties Trust 4.75% 10/1/2026  | 1925 | 1900 |
| Service Properties Trust 3.95% 1/15/2028  | 1554 | 1437 |
| Service Properties Trust 8.375% 6/15/2029  | 6252 | 6507 |
| Service Properties Trust 4.95% 10/1/2029  | 5150 | 4499 |
| Service Properties Trust 4.375% 2/15/2030  | 10082 | 8488 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(d)</sup>  | 6815 | 7321 |
| VICI Properties, LP 4.125% 8/15/2030 <sup>(d)</sup>  | 250 | 240 |
| VICI Properties, LP 5.125% 5/15/2032  | 930 | 927 |
| VICI Properties, LP 5.625% 4/1/2035  | 1668 | 1684 |
|  |  | 106653 |
| **Information technology 1.98%** |  |  |
| Accenture Capital, Inc. 4.25% 10/4/2031  | 1469 | 1456 |
| Accenture Capital, Inc. 4.50% 10/4/2034  | 1749 | 1703 |
| Acuris Finance US, Inc. 9.00% 8/1/2029 <sup>(d)</sup>  | 7130 | 7317 |
| Analog Devices, Inc. 2.95% 10/1/2051  | 3353 | 2178 |
| AppLovin Corp. 5.50% 12/1/2034  | 600 | 609 |
| Broadcom, Inc. 5.15% 11/15/2031  | 2302 | 2369 |
| Broadcom, Inc. 4.80% 10/15/2034  | 3522 | 3481 |
| Broadcom, Inc. 3.187% 11/15/2036 <sup>(d)</sup>  | 450 | 373 |
| Broadcom, Inc. 4.926% 5/15/2037 <sup>(d)</sup>  | 3626 | 3521 |
| Cisco Systems, Inc. 5.05% 2/26/2034  | 3750 | 3840 |
| Cisco Systems, Inc. 5.10% 2/24/2035  | 1340 | 1372 |
| Cloud Software Group, Inc. 9.00% 9/30/2029 <sup>(d)</sup>  | 6625 | 6873 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(d)</sup>  | 3153 | 3358 |
| Cloud Software Group, Inc., Term Loan B1, (3-month USD CME Term SOFR + 3.50%) 7.796% 3/29/2029 <sup>(e)(h)</sup>  | 365 | 365 |
| CommScope, LLC 4.75% 9/1/2029 <sup>(d)</sup>  | 304 | 297 |
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(d)</sup>  | 4000 | 4254 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 <sup>(e)(h)(l)</sup>  | 270 | 272 |
| Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 <sup>(e)(h)(l)</sup>  | 28 | 6 |

---

---

| | |
|:---|:---|
| 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Information technology (continued)** |  |  |
| Helios Software Holdings, Inc. 8.75% 5/1/2029 <sup>(d)</sup>  | USD<br> 10,520<br>| $10831 |
| ION Trading Technologies SARL 9.50% 5/30/2029 <sup>(d)</sup>  | 5544 | 5721 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 2541 | 2579 |
| Micron Technology, Inc. 6.05% 11/1/2035  | 6240 | 6533 |
| NCR Atleos Corp. 9.50% 4/1/2029 <sup>(d)</sup>  | 900 | 987 |
| Oracle Corp. 5.50% 8/3/2035  | 5500 | 5624 |
| Oracle Corp. 3.95% 3/25/2051  | 450 | 332 |
| Roper Technologies, Inc. 4.90% 10/15/2034  | 2525 | 2491 |
| Synopsys, Inc. 5.70% 4/1/2055  | 8410 | 8368 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(d)</sup>  | 2150 | 2232 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(d)</sup>  | 4576 | 4717 |
| Viasat, Inc. 5.625% 4/15/2027 <sup>(d)</sup>  | 410 | 409 |
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/23/2026) <sup>(g)(i)(l)</sup>  | 924 | 934 |
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/22/2026) <sup>(g)(i)(l)</sup>  | 807 | 817 |
| X.Ai Corp. 12.50% 6/30/2030  | 6000 | 6072 |
|  |  | 102291 |
| **Materials 1.88%** |  |  |
| Ball Corp. 6.00% 6/15/2029  | 200 | 205 |
| BHP Billiton Finance (USA), Ltd. 4.90% 2/28/2033  | 314 | 315 |
| BHP Billiton Finance (USA), Ltd. 5.25% 9/8/2033  | 1546 | 1584 |
| Braskem Netherlands Finance BV 8.75% 1/12/2031 <sup>(d)</sup>  | 1530 | 1339 |
| Braskem Netherlands Finance BV 7.25% 2/13/2033  | 5307 | 4208 |
| Braskem Netherlands Finance BV 7.25% 2/13/2033 <sup>(d)</sup>  | 475 | 377 |
| Braskem Netherlands Finance BV 8.00% 10/15/2034 <sup>(d)</sup>  | 6015 | 4822 |
| Celanese US Holdings, LLC 6.35% 11/15/2028  | 1194 | 1255 |
| Celanese US Holdings, LLC 6.50% 4/15/2030  | 6234 | 6386 |
| Celanese US Holdings, LLC 6.379% 7/15/2032  | 1921 | 2015 |
| Celanese US Holdings, LLC 7.20% 11/15/2033 <sup>(g)</sup>  | 6475 | 6878 |
| Celulosa Arauco y Constitucion SA 6.18% 5/5/2032 <sup>(d)</sup>  | 1755 | 1792 |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(d)</sup>  | 1703 | 1678 |
| Cleveland-Cliffs, Inc. 4.875% 3/1/2031 <sup>(d)</sup>  | 550 | 471 |
| Cleveland-Cliffs, Inc. 7.50% 9/15/2031 <sup>(d)</sup>  | 4575 | 4416 |
| Cleveland-Cliffs, Inc. 7.375% 5/1/2033 <sup>(d)</sup>  | 2750 | 2584 |
| Consolidated Energy Finance SA 12.00% 2/15/2031 <sup>(d)</sup>  | 5800 | 5696 |
| Dow Chemical Co. (The) 5.15% 2/15/2034  | 188 | 188 |
| Dow Chemical Co. (The) 5.35% 3/15/2035  | 1282 | 1276 |
| Dow Chemical Co. (The) 5.55% 11/30/2048  | 571 | 522 |
| Dow Chemical Co. (The) 3.60% 11/15/2050  | 2070 | 1402 |
| Dow Chemical Co. (The) 6.90% 5/15/2053  | 107 | 115 |
| Dow Chemical Co. (The) 5.60% 2/15/2054  | 3802 | 3465 |
| Dow Chemical Co. (The) 5.95% 3/15/2055  | 491 | 468 |
| First Quantum Minerals, Ltd. 6.875% 10/15/2027 <sup>(d)</sup>  | 1836 | 1840 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(d)</sup>  | 6245 | 6636 |
| First Quantum Minerals, Ltd. 8.00% 3/1/2033 <sup>(d)</sup>  | 2100 | 2157 |
| FXI Holdings, Inc. 12.25% 11/15/2026 <sup>(d)</sup>  | 5332 | 4698 |
| International Flavors & Fragrances, Inc. 2.30% 11/1/2030 <sup>(d)</sup>  | 113 | 100 |
| JH North America Holdings, Inc. 5.875% 1/31/2031 <sup>(d)</sup>  | 665 | 671 |
| JH North America Holdings, Inc. 6.125% 7/31/2032 <sup>(d)</sup>  | 645 | 656 |
| LSB Industries, Inc. 6.25% 10/15/2028 <sup>(d)</sup>  | 533 | 530 |
| LYB International Finance III, LLC 5.50% 3/1/2034  | 1292 | 1290 |
| LYB International Finance III, LLC 6.15% 5/15/2035  | 1881 | 1953 |
| Magnera Corp. 7.25% 11/15/2031 <sup>(d)</sup>  | 6550 | 6182 |
| Mauser Packaging Solutions Holding Co. 7.875% 8/15/2026 <sup>(d)</sup>  | 696 | 697 |
| Minera Mexico, SA de CV 5.625% 2/12/2032 <sup>(d)</sup>  | 2700 | 2749 |
| NOVA Chemicals Corp. 4.25% 5/15/2029 <sup>(d)</sup>  | 1385 | 1333 |
| OCI NV 6.70% 3/16/2033 <sup>(d)</sup>  | 949 | 1051 |
| PT Krakatau Posco 6.375% 6/11/2029  | 2900 | 2911 |
| Quikrete Holdings, Inc. 6.75% 3/1/2033 <sup>(d)</sup>  | 880 | 909 |
| Sasol Financing USA, LLC 8.75% 5/3/2029 <sup>(d)</sup>  | 1065 | 1056 |

---

---

| | |
|:---|:---|
| **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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Materials (continued)** |  |  |
| Sasol Financing USA, LLC 8.75% 5/3/2029 <sup>(l)</sup>  | USD<br> 100<br>| $99 |
| SCIH Salt Holdings, Inc. 4.875% 5/1/2028 <sup>(d)</sup>  | 742 | 723 |
| Sealed Air Corp. 6.125% 2/1/2028 <sup>(d)</sup>  | 607 | 616 |
| Stillwater Mining Co. 4.00% 11/16/2026 <sup>(l)</sup>  | 600 | 587 |
| Vale Overseas, Ltd. 6.40% 6/28/2054  | 3535 | 3478 |
| Veritiv Operating Co. 10.50% 11/30/2030 <sup>(d)</sup>  | 930 | 1008 |
|  |  | 97387 |
| **Consumer staples 1.87%** |  |  |
| Altria Group, Inc. 5.625% 2/6/2035  | 2420 | 2469 |
| B&G Foods, Inc. 5.25% 9/15/2027  | 400 | 365 |
| BAT Capital Corp. 2.259% 3/25/2028  | 100 | 95 |
| BAT Capital Corp. 4.742% 3/16/2032  | 450 | 448 |
| BAT Capital Corp. 6.421% 8/2/2033  | 673 | 731 |
| BAT Capital Corp. 6.00% 2/20/2034  | 4240 | 4472 |
| BAT Capital Corp. 5.625% 8/15/2035  | 9102 | 9266 |
| BAT Capital Corp. 4.758% 9/6/2049  | 1551 | 1280 |
| BAT Capital Corp. 5.65% 3/16/2052  | 929 | 866 |
| BAT Capital Corp. 7.081% 8/2/2053  | 7253 | 8084 |
| Campbell's Co. (The) 4.75% 3/23/2035  | 1993 | 1916 |
| Campbell's Co. (The) 5.25% 10/13/2054  | 304 | 277 |
| Coca-Cola Co. 5.20% 1/14/2055  | 1995 | 1911 |
| Constellation Brands, Inc. 4.35% 5/9/2027  | 326 | 326 |
| Constellation Brands, Inc. 4.75% 5/9/2032  | 1683 | 1673 |
| Constellation Brands, Inc. 4.90% 5/1/2033  | 886 | 878 |
| Coty, Inc. 6.625% 7/15/2030 <sup>(d)</sup>  | 490 | 502 |
| Diageo Investment Corp. 5.625% 4/15/2035  | 2366 | 2475 |
| Imperial Brands Finance PLC 5.875% 7/1/2034 <sup>(d)</sup>  | 3070 | 3153 |
| Keurig Dr Pepper, Inc. 3.20% 5/1/2030  | 40 | 38 |
| Kroger Co. 5.50% 9/15/2054  | 1978 | 1879 |
| Kronos Acquisition Holdings, Inc. 8.25% 6/30/2031 <sup>(d)</sup>  | 665 | 605 |
| Kronos Acquisition Holdings, Inc. 10.75% 6/30/2032 <sup>(d)</sup>  | 905 | 659 |
| Lamb Weston Holdings, Inc. 4.375% 1/31/2032 <sup>(d)</sup>  | 250 | 235 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(d)</sup>  | 13380 | 13547 |
| Mars, Inc. 5.65% 5/1/2045 <sup>(d)</sup>  | 2039 | 2045 |
| Mars, Inc. 5.70% 5/1/2055 <sup>(d)</sup>  | 5730 | 5720 |
| Mars, Inc. 5.80% 5/1/2065 <sup>(d)</sup>  | 730 | 729 |
| Minerva Luxembourg SA 8.875% 9/13/2033 <sup>(d)</sup>  | 2030 | 2194 |
| Mondelez International, Inc. 5.125% 5/6/2035  | 1140 | 1146 |
| Philip Morris International, Inc. 5.75% 11/7/2032  | 1297 | 1372 |
| Philip Morris International, Inc. 5.375% 2/15/2033  | 400 | 413 |
| Philip Morris International, Inc. 5.625% 9/7/2033  | 6350 | 6657 |
| Philip Morris International, Inc. 5.25% 2/13/2034  | 4346 | 4435 |
| Philip Morris International, Inc. 4.90% 11/1/2034  | 8437 | 8403 |
| Post Holdings, Inc. 4.625% 4/15/2030 <sup>(d)</sup>  | 650 | 625 |
| Post Holdings, Inc. 6.25% 2/15/2032 <sup>(d)</sup>  | 540 | 556 |
| Post Holdings, Inc. 6.375% 3/1/2033 <sup>(d)</sup>  | 4000 | 4046 |
|  |  | 96491 |
| **Industrials 1.73%** |  |  |
| Ambipar Lux SARL 9.875% 2/6/2031 <sup>(d)</sup>  | 800 | 757 |
| Ambipar Lux SARL 10.875% 2/5/2033 <sup>(d)</sup>  | 1575 | 1492 |
| Amentum Holdings, Inc. 7.25% 8/1/2032 <sup>(d)</sup>  | 1440 | 1483 |
| BAE Systems PLC 5.30% 3/26/2034 <sup>(d)</sup>  | 2264 | 2316 |
| Boeing Co. (The) 2.75% 2/1/2026  | 115 | 114 |
| Boeing Co. (The) 3.625% 2/1/2031  | 1642 | 1548 |
| Boeing Co. (The) 6.388% 5/1/2031  | 1201 | 1291 |
| Boeing Co. (The) 6.528% 5/1/2034  | 3776 | 4105 |
| Boeing Co. (The) 5.705% 5/1/2040  | 655 | 647 |

---

---

| | |
|:---|:---|
| 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Industrials (continued)** |  |  |
| Boeing Co. (The) 5.805% 5/1/2050  | USD<br> 7,812<br>| $7499 |
| Boeing Co. (The) 6.858% 5/1/2054  | 5043 | 5525 |
| Boeing Co. (The) 5.93% 5/1/2060  | 1200 | 1142 |
| Bombardier, Inc. 7.875% 4/15/2027 <sup>(d)</sup>  | 147 | 148 |
| Bombardier, Inc. 7.50% 2/1/2029 <sup>(d)</sup>  | 840 | 883 |
| Bombardier, Inc. 8.75% 11/15/2030 <sup>(d)</sup>  | 550 | 596 |
| Canadian Pacific Railway Co. 5.20% 3/30/2035  | 150 | 152 |
| Canadian Pacific Railway Co. 3.00% 12/2/2041  | 880 | 640 |
| Canadian Pacific Railway Co. 3.10% 12/2/2051  | 2745 | 1806 |
| Clean Harbors, Inc. 6.375% 2/1/2031 <sup>(d)</sup>  | 73 | 75 |
| CoreLogic, Inc. 4.50% 5/1/2028 <sup>(d)</sup>  | 300 | 286 |
| Embraer Netherlands Finance BV 5.98% 2/11/2035  | 1115 | 1150 |
| EquipmentShare.com, Inc. 8.625% 5/15/2032 <sup>(d)</sup>  | 1880 | 2000 |
| EquipmentShare.com, Inc. 8.00% 3/15/2033 <sup>(d)</sup>  | 1830 | 1919 |
| FTAI Aviation Investors, LLC 5.875% 4/15/2033 <sup>(d)</sup>  | 3000 | 2965 |
| Herc Holdings, Inc. 6.625% 6/15/2029 <sup>(d)</sup>  | 1340 | 1376 |
| Herc Holdings, Inc. 7.00% 6/15/2030 <sup>(d)</sup>  | 1905 | 1991 |
| Herc Holdings, Inc. 7.25% 6/15/2033 <sup>(d)</sup>  | 1110 | 1164 |
| Honeywell International, Inc. 5.00% 3/1/2035  | 3750 | 3776 |
| Icahn Enterprises, LP 6.25% 5/15/2026  | 2500 | 2484 |
| Icahn Enterprises, LP 5.25% 5/15/2027  | 3130 | 3035 |
| Icahn Enterprises, LP 9.75% 1/15/2029  | 8978 | 8733 |
| Icahn Enterprises, LP 10.00% 11/15/2029 <sup>(d)</sup>  | 1615 | 1601 |
| IRB Infrastructure Developers, Ltd. 7.11% 3/11/2032 <sup>(d)</sup>  | 685 | 687 |
| LATAM Airlines Group SA 7.875% 4/15/2030 <sup>(d)</sup>  | 830 | 848 |
| Norfolk Southern Corp. 4.45% 3/1/2033  | 78 | 76 |
| Norfolk Southern Corp. 5.35% 8/1/2054  | 4524 | 4325 |
| Paychex, Inc. 5.60% 4/15/2035  | 385 | 398 |
| QXO Building Products, Inc. 6.75% 4/30/2032 <sup>(d)</sup>  | 2955 | 3052 |
| Regal Rexnord Corp. 6.30% 2/15/2030  | 2060 | 2159 |
| Regal Rexnord Corp. 6.40% 4/15/2033  | 2197 | 2321 |
| RTX Corp. 2.82% 9/1/2051  | 925 | 572 |
| RTX Corp. 5.375% 2/27/2053  | 2317 | 2220 |
| Sabre GLBL, Inc. 11.125% 7/15/2030 <sup>(d)</sup>  | 2850 | 2985 |
| Union Pacific Corp. 2.95% 3/10/2052  | 1885 | 1204 |
| Union Pacific Corp. 4.95% 5/15/2053  | 4061 | 3692 |
|  |  | 89238 |
| **Municipals 0.01%** |  |  |
| Texas Combined Tirz I, LLC 0% 12/7/2062 <sup>(d)(k)</sup>  | 589 | 589 |
| **Total corporate bonds, notes & loans** |  | 1611236 |
| **U.S. Treasury bonds & notes 14.65%** | **U.S. Treasury bonds & notes 14.65%** | **U.S. Treasury bonds & notes 14.65%** |
| **U.S. Treasury 14.29%** |  |  |
| U.S. Treasury 4.875% 4/30/2026  | 46247 | 46545 |
| U.S. Treasury 4.125% 10/31/2026  | 6325 | 6343 |
| U.S. Treasury 3.875% 5/31/2027  | 30847 | 30918 |
| U.S. Treasury 4.625% 6/15/2027  | 30490 | 30998 |
| U.S. Treasury 3.75% 6/30/2027  | 58976 | 59015 |
| U.S. Treasury 4.25% 2/15/2028  | 28213 | 28595 |
| U.S. Treasury 3.875% 6/15/2028  | 26845 | 26987 |
| U.S. Treasury 4.375% 8/31/2028 <sup>(c)</sup>  | 14750 | 15043 |
| U.S. Treasury 4.625% 4/30/2029  | 48820 | 50352 |
| U.S. Treasury 4.25% 6/30/2029  | 8203 | 8356 |
| U.S. Treasury 4.00% 5/31/2030  | 81744 | 82533 |
| U.S. Treasury 4.625% 5/31/2031  | 4550 | 4724 |
| U.S. Treasury 4.625% 2/15/2040  | 9900 | 9956 |
| U.S. Treasury 4.75% 2/15/2041  | 50000 | 50660 |
| U.S. Treasury 4.75% 11/15/2043  | 10500 | 10493 |
| U.S. Treasury 4.625% 5/15/2044  | 30770 | 30173 |

---

---

| | |
|:---|:---|
| **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>|
| **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 4.625% 11/15/2044  | USD<br> 93,495<br>| $91506 |
| U.S. Treasury 5.00% 5/15/2045  | 562 | 577 |
| U.S. Treasury 4.625% 2/15/2055 <sup>(c)</sup>  | 159199 | 154958 |
|  |  | 738732 |
| **U.S. Treasury inflation-protected securities 0.36%** |  |  |
| U.S. Treasury Inflation-Protected Security 1.625% 10/15/2027 <sup>(m)</sup>  | 18516 | 18746 |
| **Total U.S. Treasury bonds & notes** |  | 757478 |
| **Asset-backed obligations 6.46%** | **Asset-backed obligations 6.46%** | **Asset-backed obligations 6.46%** |
| Affirm, Inc., Series 2023-B, Class D, 8.78% 9/15/2028 <sup>(a)(d)</sup>  | 995 | 1002 |
| Affirm, Inc., Series 2023-B, Class E, 11.32% 9/15/2028 <sup>(a)(d)</sup>  | 1447 | 1460 |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class D, 6.53% 4/12/2030 <sup>(a)(d)</sup>  | 7281 | 7459 |
| Auxilior Term Funding, LLC, Series 24-1, Class C, 6.01% 7/15/2031 <sup>(a)(d)</sup>  | 4786 | 4927 |
| Avant Credit Card Master Trust, Series 2024-2A, Class B, 5.73% 5/15/2029 <sup>(a)(d)</sup>  | 11000 | 10954 |
| Avant Credit Card Master Trust, Series 2024-2A, Class C, 6.41% 5/15/2029 <sup>(a)(d)</sup>  | 5000 | 4983 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class B, 7.09% 4/20/2027 <sup>(a)(d)</sup>  | 2394 | 2422 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-5, Class C, 6.85% 4/20/2028 <sup>(a)(d)</sup>  | 3333 | 3405 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class B, 6.32% 6/20/2029 <sup>(a)(d)</sup>  | 2369 | 2463 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class C, 7.24% 6/20/2029 <sup>(a)(d)</sup>  | 890 | 934 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class D, 7.31% 6/20/2029 <sup>(d)</sup>  | 1155 | 1173 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6, Class C, 7.03% 12/20/2029 <sup>(a)(d)</sup>  | 4000 | 4185 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6A, Class D, 7.37% 12/20/2029 <sup>(d)</sup>  | 1994 | 2030 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8A, Class D, 7.52% 2/20/2030 <sup>(d)</sup>  | 3081 | 3143 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class B, 5.41% 3/15/2030 <sup>(a)(d)</sup>  | 713 | 721 |
| CCG Receivables Trust, Series 2025-1, Class D, 5.28% 10/14/2032 <sup>(a)(d)</sup>  | 544 | 550 |
| CF Hippolyta, LLC, Series 2020-1, Class B1, 2.28% 7/15/2060 <sup>(a)(d)</sup>  | 486 | 481 |
| CFG Investments, Ltd., Series 2025-1, Class A, 6.47% 3/25/2036 <sup>(a)(d)</sup>  | 8561 | 8655 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class C, 5.01% 8/20/2032 <sup>(a)(d)</sup>  | 7083 | 7075 |
| CPS Auto Receivables Trust, Series 2022-B, Class D, 5.19% 8/15/2028 <sup>(a)(d)</sup>  | 1250 | 1251 |
| CPS Auto Trust, Series 2024-A, Class E, 8.42% 8/15/2031 <sup>(a)(d)</sup>  | 700 | 727 |
| CPS Auto Trust, Series 2024-C, Class E, 8.04% 3/15/2032 <sup>(a)(d)</sup>  | 5800 | 5988 |
| Credit Acceptance Auto Loan Trust, Series 2022-1A, Class C, 5.70% 10/15/2032 <sup>(a)(d)</sup>  | 1000 | 1002 |
| Credit Acceptance Auto Loan Trust, Series 2022-1A, Class D, 6.63% 12/15/2032 <sup>(a)(d)</sup>  | 1000 | 1004 |
| Credit Acceptance Auto Loan Trust, Series 2024-2, Class C, 6.70% 10/16/2034 <sup>(a)(d)</sup>  | 5769 | 5996 |
| Crockett Partners Equipment Co. II, LLC, Series 2024-1C, Class A, 6.05% 1/20/2031 <sup>(a)(d)</sup>  | 3648 | 3690 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(a)(d)</sup>  | 4232 | 4299 |
| EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 <sup>(d)</sup>  | 9371 | 9439 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class C, 5.53% 5/15/2029 <sup>(a)(d)</sup>  | 765 | 772 |
| Exeter Automobile Receivables Trust, Series 2022-2A, Class D, 4.56% 7/17/2028 <sup>(a)</sup>  | 26 | 26 |
| Exeter Automobile Receivables Trust, Series 2023-1A, Class E, 12.07% 9/16/2030 <sup>(a)(d)</sup>  | 4000 | 4533 |
| Exeter Automobile Receivables Trust, Series 2023-2A, Class E, 9.75% 11/15/2030 <sup>(a)(d)</sup>  | 848 | 918 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class E, 9.98% 1/15/2031 <sup>(a)(d)</sup>  | 1022 | 1113 |
| Exeter Automobile Receivables Trust, Series 2023-4A, Class E, 9.57% 2/18/2031 <sup>(a)(d)</sup>  | 3010 | 3294 |
| Exeter Automobile Receivables Trust, Series 2023-5A, Class E, 9.58% 6/16/2031 <sup>(a)(d)</sup>  | 5403 | 5886 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class E, 7.89% 8/15/2031 <sup>(a)(d)</sup>  | 4799 | 5011 |
| Ford Credit Floorplan Master Owner Trust, Series 2023-1, Class D, 6.62% 5/15/2028 <sup>(a)(d)</sup>  | 2335 | 2357 |
| GLS Auto Receivables Trust, Series 2023-3, Class E, 9.27% 8/15/2030 <sup>(a)(d)</sup>  | 950 | 1026 |
| GLS Auto Receivables Trust, Series 2023-4, Class E, 9.72% 8/15/2030 <sup>(a)(d)</sup>  | 1900 | 2085 |
| GLS Auto Receivables Trust, Series 2024-2, Class E, 7.98% 5/15/2031 <sup>(a)(d)</sup>  | 1170 | 1222 |
| GLS Auto Receivables Trust, Series 2024-4A, Class E, 7.51% 8/15/2031 <sup>(a)(d)</sup>  | 1596 | 1649 |
| Great America Leasing Receivables, Series 2025-1, Class A4, 4.58% 1/15/2032 <sup>(a)(d)</sup>  | 11834 | 11907 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class C, 6.91% 6/25/2027 <sup>(a)(d)</sup>  | 2200 | 2218 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class 1D, 9.13% 6/25/2027 <sup>(a)(d)</sup>  | 672 | 680 |
| Hertz Vehicle Financing III, LLC, Series 2022-2A, Class C, 2.95% 6/26/2028 <sup>(a)(d)</sup>  | 300 | 285 |
| Hertz Vehicle Financing III, LLC, Series 2022-2, Class D, 5.16% 6/26/2028 <sup>(a)(d)</sup>  | 2389 | 2284 |
| Hertz Vehicle Financing III, LLC, Series 2023-2, Class C, 7.13% 9/25/2029 <sup>(a)(d)</sup>  | 2167 | 2217 |
| Hertz Vehicle Financing III, LLC, Series 2023-4, Class C, 7.51% 3/25/2030 <sup>(a)(d)</sup>  | 3950 | 4093 |
| Hertz Vehicle Financing, LLC, Series 2021-2, Class D, 4.34% 12/27/2027 <sup>(a)(d)</sup>  | 5000 | 4797 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class C, 6.03% 9/25/2029 <sup>(a)(d)</sup>  | 4947 | 4971 |

---

---

| | |
|:---|:---|
| 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>|
| **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** | **Asset-backed obligations (continued)** |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class D, 7.98% 9/25/2029 <sup>(a)(d)</sup>  | USD<br> 2,121<br>| $2119 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class C, 6.40% 9/25/2031 <sup>(a)(d)</sup>  | 5746 | 5724 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class D, 8.34% 9/25/2031 <sup>(a)(d)</sup>  | 1966 | 1930 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(a)(d)</sup>  | 1368 | 1379 |
| LAD Auto Receivables Trust, Series 2024-3A, Class D, 5.18% 2/17/2032 <sup>(a)(d)</sup>  | 537 | 538 |
| Mercury Financial Credit Card Master Trust, Series 2024-2A, Class A, 6.56% 7/20/2029 <sup>(a)(d)</sup>  | 5734 | 5787 |
| Mission Lane Credit Card Master Trust, Series 2023-B, Class D, 12.43% 11/15/2028 <sup>(a)(d)</sup>  | 5000 | 5008 |
| Mission Lane Credit Card Master Trust, Series 2023-B, Class E, 0.162% 11/15/2028 <sup>(a)(d)</sup>  | 5000 | 5008 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(a)(d)</sup>  | 2021 | 2039 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class B, 6.58% 8/15/2029 <sup>(a)(d)</sup>  | 1996 | 2012 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(d)</sup>  | 10363 | 10369 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.89% 9/15/2031 <sup>(d)</sup>  | 1658 | 1662 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class C, 6.13% 9/15/2031 <sup>(d)</sup>  | 996 | 998 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class D, 6.47% 9/15/2031 <sup>(d)</sup>  | 953 | 955 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class F, 12.39% 9/15/2031 <sup>(d)</sup>  | 9789 | 9811 |
| Navient Education Loan Trust, Series 2025-A, Class A, 5.02% 7/15/2055 <sup>(d)</sup>  | 5291 | 5325 |
| Navient Education Loan Trust, Series 2025-A, Class B, 5.32% 7/15/2055 <sup>(d)</sup>  | 4506 | 4538 |
| Nelnet Student Loan Trust, Series 2025-AA, Class A1A, 5.07% 3/15/2057 <sup>(a)(d)</sup>  | 19308 | 19421 |
| NMEF Funding, LLC, Series 2025-A, Class B, 5.18% 7/15/2032 <sup>(a)(d)</sup>  | 8617 | 8686 |
| OnDeck Asset Securitization Trust, LLC, Series 2023-1A, Class B, 8.25% 8/19/2030 <sup>(a)(d)</sup>  | 1364 | 1374 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class B, 7.15% 6/17/2031 <sup>(a)(d)</sup>  | 726 | 738 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class C, 8.99% 6/17/2031 <sup>(a)(d)</sup>  | 632 | 648 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class B, 5.42% 10/17/2031 <sup>(a)(d)</sup>  | 964 | 960 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class C, 7.03% 10/17/2031 <sup>(a)(d)</sup>  | 183 | 183 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class B, 5.79% 11/20/2030 <sup>(a)(d)</sup>  | 7274 | 7451 |
| PK ALIFT Loan Funding 4 LP, Series 2024-2, Class A, 5.052% 10/15/2039 <sup>(a)(d)</sup>  | 2819 | 2813 |
| Prestige Auto Receivables Trust, Series 2023-1, Class D, 6.33% 4/16/2029 <sup>(a)(d)</sup>  | 1912 | 1936 |
| Prestige Auto Receivables Trust, Series 2024-1, Class E, 7.94% 4/15/2031 <sup>(a)(d)</sup>  | 1196 | 1238 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2022-3, Class A, 5.38% 11/25/2030 <sup>(a)(d)</sup>  | 109 | 109 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2022-3, Class B, 6.58% 11/25/2030 <sup>(a)(d)</sup>  | 337 | 338 |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class C, 6.69% 3/17/2031 <sup>(a)</sup>  | 796 | 814 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class D, 5.88% 11/20/2035 <sup>(a)(d)</sup>  | 866 | 895 |
| SMB Private Education Loan Trust, Series 2021-A, Class D1, 3.86% 1/15/2053 <sup>(a)(d)</sup>  | 1331 | 1209 |
| SMB Private Education Loan Trust, Series 2021-A, Class D2, 3.86% 1/15/2053 <sup>(a)(d)</sup>  | 678 | 615 |
| SMB Private Education Loan Trust, Series 2023-A, Class B, 5.88% 1/15/2053 <sup>(a)(d)</sup>  | 2490 | 2551 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(d)</sup>  | 8311 | 8416 |
| SMB Private Education Loan Trust, Series 2022-A, Class D, 4.75% 11/16/2054 <sup>(a)(d)</sup>  | 90 | 84 |
| SMB Private Education Loan Trust, Series 2024-A, Class D, 8.22% 3/15/2056 <sup>(a)(d)</sup>  | 8883 | 9322 |
| SMB Private Education Loan Trust, Series 2023-B, Class D, 7.56% 10/16/2056 <sup>(a)(d)</sup>  | 5000 | 5133 |
| SMB Private Education Loan Trust, Series 2022-D, Class D, 7.23% 10/15/2058 <sup>(a)(d)</sup>  | 1978 | 2005 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(d)</sup>  | 8386 | 8386 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(a)(d)</sup>  | 2452 | 2454 |
| United Auto Credit Securitization Trust, Series 2024-1, Class D, 8.30% 11/12/2029 <sup>(a)(d)</sup>  | 6000 | 6140 |
| Verdant Receivables, LLC, Series 2024-1, Class C, 6.25% 12/12/2031 <sup>(a)(d)</sup>  | 771 | 799 |
| Westlake Automobile Receivables Trust, Series 2022-2A, Class D, 5.48% 9/15/2027 <sup>(a)(d)</sup>  | 1562 | 1565 |
| Westlake Automobile Receivables Trust, Series 2025-1A, Class D, 5.54% 11/15/2030 <sup>(a)(d)</sup>  | 3798 | 3859 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class B, 5.06% 9/20/2032 <sup>(a)(d)</sup>  | 2333 | 2349 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class C, 5.28% 9/20/2032 <sup>(a)(d)</sup>  | 1653 | 1670 |
|  |  | 334125 |
| **Bonds & notes of governments & government agencies outside the U.S. 1.80%** | **Bonds & notes of governments & government agencies outside the U.S. 1.80%** | **Bonds & notes of governments & government agencies outside the U.S. 1.80%** |
| Abu Dhabi (Emirate of) 1.70% 3/2/2031 <sup>(d)</sup>  | 300 | 263 |
| Angola (Republic of) 8.00% 11/26/2029  | 1375 | 1250 |
| Angola (Republic of) 8.75% 4/14/2032  | 5275 | 4665 |
| Angola (Republic of) 8.75% 4/14/2032 <sup>(d)</sup>  | 1000 | 884 |
| Argentine Republic 0.75% 7/9/2030 (1.75% on 7/9/2027) <sup>(g)</sup>  | 968 | 774 |
| Chile (Republic of) 2.45% 1/31/2031  | 400 | 358 |
| Chile (Republic of) 4.34% 3/7/2042  | 200 | 174 |
| Colombia (Republic of) 8.00% 4/20/2033  | 430 | 445 |
| Colombia (Republic of) 7.50% 2/2/2034  | 5145 | 5129 |
| Colombia (Republic of) 8.50% 4/25/2035  | 3715 | 3864 |
| Colombia (Republic of) 8.00% 11/14/2035  | 5840 | 5880 |

---

---

| | |
|:---|:---|
| **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>|
| **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 (Republic of) 7.75% 11/7/2036  | USD<br> 3,215<br>| $3149 |
| Colombia (Republic of) 8.375% 11/7/2054  | 5870 | 5593 |
| Dominican Republic 4.50% 1/30/2030 <sup>(d)</sup>  | 500 | 476 |
| Dominican Republic 5.875% 1/30/2060  | 2280 | 1919 |
| Egypt (Arab Republic of) 5.80% 9/30/2027  | 200 | 196 |
| Egypt (Arab Republic of) 5.875% 2/16/2031  | 600 | 532 |
| Egypt (Arab Republic of) 8.50% 1/31/2047  | 5163 | 4196 |
| Egypt (Arab Republic of) 8.70% 3/1/2049  | 1700 | 1396 |
| Egypt (Arab Republic of) 8.75% 9/30/2051  | 2089 | 1717 |
| Egypt (Arab Republic of) 8.15% 11/20/2059  | 600 | 463 |
| Egypt (Arab Republic of) 7.50% 2/16/2061  | 9590 | 6994 |
| Export-Import Bank of India 2.25% 1/13/2031 <sup>(d)</sup>  | 250 | 220 |
| Honduras (Republic of) 5.625% 6/24/2030  | 2070 | 1985 |
| Nigeria (Republic of) 7.875% 2/16/2032  | 2350 | 2234 |
| Panama (Republic of) 7.50% 3/1/2031  | 315 | 336 |
| Panama (Republic of) 2.252% 9/29/2032  | 1800 | 1378 |
| Panama (Republic of) 6.875% 1/31/2036  | 1220 | 1216 |
| Panama (Republic of) 8.00% 3/1/2038  | 1015 | 1090 |
| Panama (Republic of) 4.50% 4/16/2050  | 2050 | 1390 |
| Panama (Republic of) 4.50% 4/1/2056  | 7280 | 4737 |
| Panama (Republic of) 7.875% 3/1/2057  | 260 | 265 |
| Peru (Republic of) 5.50% 3/30/2036  | 3310 | 3316 |
| Peru (Republic of) 5.875% 8/8/2054  | 1275 | 1233 |
| Senegal (Republic of) 6.75% 3/13/2048  | 8800 | 5332 |
| Senegal (Republic of) 6.75% 3/13/2048  | 3439 | 2084 |
| South Africa (Republic of) 5.875% 4/20/2032  | 1003 | 983 |
| South Africa (Republic of) 7.10% 11/19/2036 <sup>(d)</sup>  | 1150 | 1142 |
| Turkey (Republic of) 5.875% 6/26/2031  | 480 | 458 |
| Turkey (Republic of) 6.50% 9/20/2033  | 1150 | 1108 |
| United Mexican States 4.75% 4/27/2032  | 860 | 819 |
| United Mexican States 5.85% 7/2/2032  | 445 | 451 |
| United Mexican States 6.00% 5/7/2036  | 5510 | 5452 |
| United Mexican States 6.875% 5/13/2037  | 3230 | 3377 |
| United Mexican States 6.625% 1/29/2038  | 2165 | 2201 |
|  |  | 93124 |
| **Municipals 0.09%** | **Municipals 0.09%** | **Municipals 0.09%** |
| **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  | 1100 | 1104 |
| **Puerto Rico 0.05%** |  |  |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(j)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2018 <sup>(j)</sup>  | 20 | 11 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2018 <sup>(j)</sup>  | 95 | 52 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, 5.50% 7/1/2020 <sup>(j)</sup>  | 10 | 5 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2021 <sup>(j)</sup>  | 190 | 104 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-AAA, 5.25% 7/1/2021 <sup>(j)</sup>  | 265 | 145 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-DDD, 5.00% 7/1/2023 <sup>(j)</sup>  | 210 | 115 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2023 <sup>(j)</sup>  | 20 | 11 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.00% 7/1/2024 <sup>(j)</sup>  | 75 | 41 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.625% 7/1/2025 <sup>(j)</sup>  | 10 | 5 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.75% 7/1/2026 <sup>(j)</sup>  | 10 | 5 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2026 <sup>(j)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.25% 7/1/2026 <sup>(j)</sup>  | 400 | 219 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.25% 7/1/2026 <sup>(j)</sup>  | 20 | 11 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.75% 7/1/2027 <sup>(j)</sup>  | 65 | 36 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 4.80% 7/1/2028 <sup>(j)</sup>  | 220 | 121 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.00% 7/1/2028 <sup>(j)</sup>  | 55 | 30 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(j)</sup>  | 165 | 90 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.25% 7/1/2033 <sup>(j)</sup>  | 610 | 335 |

---

---

| | |
|:---|:---|
| 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>|
| **Municipals (continued)** | **Municipals (continued)** | **Municipals (continued)** |
| **Puerto Rico (continued)** |  |  |
| Electric Power Auth., Power Rev. Bonds, Series 2013-A, 6.75% 7/1/2036 <sup>(j)</sup>  | USD<br> 330<br>| $181 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2037 <sup>(j)</sup>  | 65 | 36 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(j)</sup>  | 355 | 195 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(j)</sup>  | 100 | 55 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, Assured Guaranty Municipal insured, 3.469% <br>7/1/2017 <sup>(g)(j)</sup>  | 465 | 254 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(j)</sup>  | 70 | 38 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2022 <sup>(j)</sup>  | 650 | 355 |
|  |  | 2456 |
| **Texas 0.02%** |  |  |
| 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>(d)(j)</sup>  | 1476 | 1107 |
| Total municipals |  | 4667 |
| **Total bonds, notes & other debt instruments** (cost: $5,055,569,000) |  | 5090564 |
| Common stocks 0.00% | Shares |  |
| **Energy 0.00%** |  |  |
| New Fortress Energy, Inc., Class A  | 89859 | 298 |
| **Consumer discretionary 0.00%** |  |  |
| Party City Holdco, Inc. <sup>(d)(k)</sup>  | 74 | — <br><sup>(b)</sup><br>|
| Party City Holdco, Inc. <sup>(k)</sup>  | 7446 | — <br><sup>(b)</sup><br>|
|  |  | — <br><sup>(b)</sup><br>|
| **Total common stocks** (cost: $1,178,000) |  | 298 |
| Short-term securities 7.80% |  |  |
| **Money market investments 7.80%** | **Money market investments 7.80%** | **Money market investments 7.80%** |
| Capital Group Central Cash Fund 4.35% <sup>(n)(o)</sup>  | 4031308 | 403131 |
| **Total short-term securities** (cost: $403,063,000) |  | 403131 |
| **Total investment securities** 106.26% (cost: $5,459,810,000) |  | 5493993 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (6.26)% | (323810)<br>|
| **Net assets 100.00%** | $5170183 |

---

**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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 7721 | 9/30/2025 | USD1,606,149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $6285 |
| 5 Year U.S. Treasury Note Futures | Long | 1494 | 9/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 162846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1146 |
| 10 Year U.S. Treasury Note Futures | Long | 5320 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 596505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11044 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 4826 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (551446)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13617)<br>|
| 30 Year U.S. Treasury Bond Futures | Long | 1091 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3313 |
| 30 Year Ultra U.S. Treasury Bond Futures | Short | 178 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21204)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (738)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7433 |

---

---

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

---

------

Capital Group Core Plus Income ETF (continued)

**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 6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| EUR | 2889 | USD | 2462 | HSBC Bank | 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $11 |
| USD | 2790 | EUR | 2462 | BNP Paribas | 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (110)<br>|
| USD | 853 | EUR | 745 | Bank of America | 7/14/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25)<br>|
| USD | 1010 | EUR | 883 | BNP Paribas | 7/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31)<br>|
| USD | 5220 | EUR | 4480 | UBS AG | 7/25/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (66)<br>|
| USD | 2896 | EUR | 2462 | HSBC Bank | 8/11/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(232)<br>|

---

**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>6/30/2025 <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 6/30/2025 <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>6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| 5.0145% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/27/2025 | USD275,000 | &nbsp;&nbsp;&nbsp;&nbsp; $547 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $547 |
| 3.863% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/29/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 250000 | &nbsp;&nbsp;&nbsp;&nbsp; 488 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 488 |
| 3.787% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/12/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 152000 | &nbsp;&nbsp;&nbsp;&nbsp; 822 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 822 |
| 3.7315% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 156000 | &nbsp;&nbsp;&nbsp;&nbsp; 701 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 701 |
| SOFR | Annual | 3.3885% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 4/18/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 18 |
| 4.175% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 140000 | &nbsp;&nbsp;&nbsp;&nbsp; 3482 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3482 |
| 3.7675% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/3/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 31000 | &nbsp;&nbsp;&nbsp;&nbsp; 460 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 460 |
| SOFR | Annual | 3.812% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 5/14/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 255000 | &nbsp;&nbsp;&nbsp;&nbsp; (4519)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4519)<br>|
| SOFR | Annual | 3.1585% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 1/18/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 43000 | &nbsp;&nbsp;&nbsp;&nbsp; 1143 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1143 |
| SOFR | Annual | 3.2205% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 4/18/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 58000 | &nbsp;&nbsp;&nbsp;&nbsp; 1390 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1390 |
| 4.133% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/20/2043 | &nbsp;&nbsp;&nbsp;&nbsp; 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 379 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 379 |
| 3.7575% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/3/2044 | &nbsp;&nbsp;&nbsp;&nbsp; 12000 | &nbsp;&nbsp;&nbsp;&nbsp; (338)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (338)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $4573 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $4573 |

---

**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>6/30/2025 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 6/30/2025 <br>(000) |
| Rate | &nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Counterparty | &nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp; Notional <br>amount <br>(000) | &nbsp;&nbsp; Value at <br>6/30/2025 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 6/30/2025 <br>(000) |
| 12.57% | At maturity | BZDIOVER | At maturity | Barclays Bank PLC | &nbsp;&nbsp;&nbsp; 1/2/2026 | &nbsp;&nbsp;&nbsp; BRL19,454 | &nbsp;&nbsp;&nbsp; $(33)<br>| &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $(33)<br>|

---

**Investments in affiliates** <sup>(o)</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>6/30/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 7.80%** | **Short-term securities 7.80%** | **Short-term securities 7.80%** | **Short-term securities 7.80%** | **Short-term securities 7.80%** | **Short-term securities 7.80%** | **Short-term securities 7.80%** | **Short-term securities 7.80%** |
| **Money market investments 7.80%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.35% <sup>(n)</sup> | $295735 | &nbsp;&nbsp; $1221562 | &nbsp;&nbsp; $1114136 | &nbsp;&nbsp; $(50)<br>| &nbsp;&nbsp; $20 | &nbsp;&nbsp; $403131 | &nbsp;&nbsp; $13217 |

---

---

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

---

------

Capital Group Core Plus Income ETF (continued)

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on <br> 6/23/2026) <sup>(g)(i)</sup> <br>| 6/23/2023 | $890 | $934 | 0.02<br> %<br>|
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on <br> 6/22/2026) <sup>(g)(i)</sup> <br>| 6/23/2023 | 778 | 817 | 0.02 |
| Stillwater Mining Co. 4.00% 11/16/2026  | 2/9/2024 | 568 | 587 | 0.01 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) <br> 11.428% 9/13/2029 <sup>(e)</sup><sup>(h)</sup> <br>| 9/12/2023 | 266 | 272 | 0.01 |
| Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + 7.25%) <br> 11.428% 9/13/2029 <sup>(e)</sup><sup>(h)</sup> <br>| 9/12/2023 | 5 | 6 | 0.00 <br><sup>(p</sup>)<br>|
| Sasol Financing USA, LLC 8.75% 5/3/2029  | 6/27/2024 | 101 | 99 | 0.00 <br><sup>(p</sup>)<br>|
|  |  | $2608 | $2715 | 0.06<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> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $21,580,000, which represented 0.42% of the net assets of the fund. 

<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 $1,430,334,000, which represented 27.67% 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> Purchased on a TBA basis.

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

<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 $7,120,000, which represented 0.13% 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> Scheduled interest and/or principal payment was not received.

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

<sup>(l)</sup> Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933. The total value of all such restricted securities was $2,715,000, which represented 0.06% of the net assets of the fund. 

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

<sup>(n)</sup> Rate represents the seven-day yield at 6/30/2025.

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

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| BRL = Brazilian reais |
| BZDIOVER = Overnight Brazilian Interbank Deposit Rate |
| 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 |
| USD = U.S. dollars |
| UST = U.S. Treasury |

---

Refer to the notes to financial statements.

---

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

---

------

Capital Group High Yield Bond ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 87.20% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans 87.20%** | **Corporate bonds, notes & loans 87.20%** | **Corporate bonds, notes & loans 87.20%** |
| **Consumer discretionary 14.10%** |  |  |
| Advance Auto Parts, Inc. 3.90% 4/15/2030  | USD<br> 370<br>| $347 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 395 | 346 |
| Allied Universal Holdco, LLC 6.00% 6/1/2029 <sup>(a)</sup>  | 200 | 195 |
| Allied Universal Holdco, LLC 6.875% 6/15/2030 <sup>(a)</sup>  | 290 | 294 |
| Bath & Body Works, Inc. 6.875% 11/1/2035  | 250 | 260 |
| Caesars Entertainment, Inc. 7.00% 2/15/2030 <sup>(a)</sup>  | 830 | 860 |
| Carnival Corp. 6.00% 5/1/2029 <sup>(a)</sup>  | 910 | 920 |
| Genting New York, LLC 7.25% 10/1/2029 <sup>(a)</sup>  | 625 | 649 |
| Great Canadian Gaming Corp. 8.75% 11/15/2029 <sup>(a)</sup>  | 260 | 255 |
| Hanesbrands, Inc. 9.00% 2/15/2031 <sup>(a)</sup>  | 255 | 270 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(a)</sup>  | 325 | 316 |
| Levi Strauss & Co. 3.50% 3/1/2031 <sup>(a)</sup>  | 700 | 641 |
| Lithia Motors, Inc. 3.875% 6/1/2029 <sup>(a)</sup>  | 715 | 682 |
| RHP Hotel Properties, LP 6.50% 6/15/2033 <sup>(a)</sup>  | 615 | 633 |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(a)</sup>  | 250 | 245 |
| Vail Resorts, Inc. 5.625% 7/15/2030 <sup>(a)</sup>  | 110 | 110 |
|  |  | 7023 |
| **Health care 11.90%** |  |  |
| 1261229 B.C., Ltd. 10.00% 4/15/2032 <sup>(a)</sup>  | 200 | 202 |
| Bausch Health Americas, Inc. 8.50% 1/31/2027 <sup>(a)</sup>  | 215 | 205 |
| CHS / Community Health Systems, Inc. 5.625% 3/15/2027 <sup>(a)</sup>  | 900 | 887 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(a)</sup>  | 835 | 863 |
| Endo Finance Holdings, Inc. 8.50% 4/15/2031 <sup>(a)</sup>  | 270 | 286 |
| IQVIA, Inc. 6.25% 6/1/2032 <sup>(a)</sup>  | 725 | 745 |
| Medline Borrower, LP 6.25% 4/1/2029 <sup>(a)</sup>  | 770 | 792 |
| Molina Healthcare, Inc. 3.875% 5/15/2032 <sup>(a)</sup>  | 795 | 724 |
| Owens & Minor, Inc. 6.25% 4/1/2030 <sup>(a)</sup>  | 330 | 310 |
| Radiology Partners, Inc. 9.781% PIK 2/15/2030 <sup>(a)(b)</sup>  | 135 | 133 |
| Radiology Partners, Inc. 8.50% 7/15/2032 <sup>(a)</sup>  | 140 | 140 |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  | 625 | 637 |
|  |  | 5924 |
| **Communication services 11.11%** |  |  |
| CCO Holdings, LLC 4.25% 2/1/2031 <sup>(a)</sup>  | 515 | 481 |
| CCO Holdings, LLC 4.50% 6/1/2033 <sup>(a)</sup>  | 435 | 398 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(a)</sup>  | 520 | 463 |
| Clear Channel Outdoor Holdings, Inc. 7.75% 4/15/2028 <sup>(a)</sup>  | 140 | 132 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(a)</sup>  | 330 | 332 |
| DIRECTV Financing, LLC 5.875% 8/15/2027 <sup>(a)</sup>  | 885 | 883 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(a)</sup>  | 100 | 103 |
| EchoStar Corp. 10.75% 11/30/2029  | 150 | 155 |
| EchoStar Corp. 6.75% PIK 11/30/2030 <sup>(b)</sup>  | 75 | 69 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(a)</sup>  | 335 | 360 |
| Intelsat Jackson Holdings SA 6.50% 3/15/2030 <sup>(a)</sup>  | 350 | 358 |
| Nexstar Media, Inc. 4.75% 11/1/2028 <sup>(a)</sup>  | 355 | 346 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(a)</sup>  | 405 | 389 |
| Sirius XM Radio, LLC 4.125% 7/1/2030 <sup>(a)</sup>  | 235 | 217 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(a)</sup>  | 410 | 365 |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(a)</sup>  | 530 | 482 |
|  |  | 5533 |
| **Energy 10.48%** |  |  |
| Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 <sup>(a)</sup>  | 325 | 330 |
| Baytex Energy Corp. 7.375% 3/15/2032 <sup>(a)</sup>  | 305 | 291 |
| BIP-V Chinook Holdco, LLC 5.50% 6/15/2031 <sup>(a)</sup>  | 725 | 717 |
| Civitas Resources, Inc. 9.625% 6/15/2033 <sup>(a)</sup>  | 610 | 626 |
| Crescent Energy Finance, LLC 8.375% 1/15/2034 <sup>(a)</sup>  | 360 | 360 |

---

---

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

---

------

Capital Group High Yield Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Energy (continued)** |  |  |
| Global Partners, LP 7.125% 7/1/2033 <sup>(a)</sup>  | USD<br> 300<br>| $304 |
| Northern Oil and Gas, Inc. 8.125% 3/1/2028 <sup>(a)</sup>  | 285 | 288 |
| Sunoco, LP 4.50% 5/15/2029  | 845 | 821 |
| Talos Production, Inc. 9.00% 2/1/2029 <sup>(a)</sup>  | 305 | 313 |
| Transocean, Inc. 8.50% 5/15/2031 <sup>(a)</sup>  | 115 | 103 |
| Venture Global Plaquemines LNG, LLC 6.625% 1/31/2034 <sup>(a)</sup>  | 200 | 200 |
| Venture Global Plaquemines LNG, LLC 6.875% 1/31/2036 <sup>(a)</sup>  | 180 | 180 |
| Weatherford International, Ltd. 8.625% 4/30/2030 <sup>(a)</sup>  | 665 | 686 |
|  |  | 5219 |
| **Financials 8.78%** |  |  |
| AmWINS Group, Inc. 4.875% 6/30/2029 <sup>(a)</sup>  | 310 | 301 |
| Block, Inc. 3.50% 6/1/2031  | 510 | 468 |
| Block, Inc. 6.50% 5/15/2032  | 280 | 289 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 300 | 306 |
| Coinbase Global, Inc. 3.375% 10/1/2028 <sup>(a)</sup>  | 325 | 305 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(a)</sup>  | 200 | 180 |
| Iron Mountain Information Management Services, Inc. 5.00% 7/15/2032 <sup>(a)</sup>  | 905 | 869 |
| Navient Corp. 7.875% 6/15/2032  | 780 | 812 |
| OneMain Finance Corp. 7.125% 9/15/2032  | 810 | 840 |
|  |  | 4370 |
| **Industrials 8.73%** |  |  |
| Albion Financing 1 SARL 7.00% 5/21/2030 <sup>(a)</sup>  | 200 | 205 |
| Avis Budget Car Rental, LLC 8.25% 1/15/2030 <sup>(a)</sup>  | 355 | 371 |
| Axon Enterprise, Inc. 6.25% 3/15/2033 <sup>(a)</sup>  | 665 | 686 |
| Beach Acquisition Bidco, LLC 10% 7/15/2033 <sup>(a)</sup>  | 200 | 208 |
| EquipmentShare.com, Inc. 9.00% 5/15/2028 <sup>(a)</sup>  | 315 | 333 |
| Icahn Enterprises, LP 5.25% 5/15/2027  | 415 | 403 |
| LATAM Airlines Group SA 7.625% 1/7/2031 <sup>(a)</sup>  | 250 | 252 |
| Sabre GLBL, Inc. 11.125% 7/15/2030 <sup>(a)</sup>  | 355 | 372 |
| Spirit AeroSystems, Inc. 9.75% 11/15/2030 <sup>(a)</sup>  | 330 | 364 |
| TransDigm, Inc. 6.375% 5/31/2033 <sup>(a)</sup>  | 380 | 381 |
| WESCO Distribution, Inc. 6.625% 3/15/2032 <sup>(a)</sup>  | 745 | 775 |
|  |  | 4350 |
| **Information technology 7.35%** |  |  |
| Cloud Software Group, Inc. 6.50% 3/31/2029 <sup>(a)</sup>  | 120 | 121 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(a)</sup>  | 455 | 485 |
| CommScope, LLC 7.125% 7/1/2028 <sup>(a)</sup>  | 249 | 245 |
| CoreWeave, Inc. 9.25% 6/1/2030 <sup>(a)</sup>  | 325 | 333 |
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(a)</sup>  | 210 | 223 |
| Fair Isaac Corp. 6.00% 5/15/2033 <sup>(a)</sup>  | 335 | 339 |
| Helios Software Holdings, Inc. 8.75% 5/1/2029 <sup>(a)</sup>  | 285 | 293 |
| ION Trading Technologies SARL 9.50% 5/30/2029 <sup>(a)</sup>  | 285 | 294 |
| Shift4 Payments, LLC 6.75% 8/31/2032 <sup>(a)</sup>  | 660 | 686 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(a)</sup>  | 325 | 337 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(a)</sup>  | 240 | 248 |
| Viasat, Inc. 7.50% 5/30/2031 <sup>(a)</sup>  | 65 | 56 |
|  |  | 3660 |
| **Materials 5.27%** |  |  |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(a)</sup>  | 610 | 601 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(a)</sup>  | 230 | 244 |
| JH North America Holdings, Inc. 5.875% 1/31/2031 <sup>(a)</sup>  | 630 | 636 |
| Mineral Resources, Ltd. 8.00% 11/1/2027 <sup>(a)</sup>  | 185 | 186 |
| Mineral Resources, Ltd. 9.25% 10/1/2028 <sup>(a)</sup>  | 170 | 174 |

---

---

| | |
|:---|:---|
| **43** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Materials (continued)** |  |  |
| NOVA Chemicals Corp. 7.00% 12/1/2031 <sup>(a)</sup>  | USD<br> 480<br>| $503 |
| SCIH Salt Holdings, Inc. 6.625% 5/1/2029 <sup>(a)</sup>  | 70 | 69 |
| Trivium Packaging Finance BV 8.25% 7/15/2030 <sup>(a)</sup>  | 200 | 212 |
|  |  | 2625 |
| **Real estate 3.68%** |  |  |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(a)</sup>  | 765 | 707 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 155 | 145 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 160 | 147 |
| MPT Operating Partnership, LP 5.00% 10/15/2027  | 155 | 143 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(a)</sup>  | 265 | 278 |
| Service Properties Trust 3.95% 1/15/2028  | 100 | 92 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(a)</sup>  | 300 | 322 |
|  |  | 1834 |
| **Consumer staples 3.65%** |  |  |
| Central Garden & Pet Co. 4.125% 10/15/2030  | 565 | 534 |
| Post Holdings, Inc. 6.25% 2/15/2032 <sup>(a)</sup>  | 845 | 870 |
| Walgreens Boots Alliance, Inc. 3.45% 6/1/2026  | 425 | 416 |
|  |  | 1820 |
| **Utilities 2.15%** |  |  |
| Long Ridge Energy, LLC, 8.75% 2/15/2032 <sup>(a)</sup>  | 225 | 234 |
| PG&E Corp. 5.00% 7/1/2028  | 165 | 161 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(a)</sup>  | 630 | 675 |
|  |  | 1070 |
| **Total corporate bonds, notes & loans** |  | 43428 |
| **Total bonds, notes & other debt instruments** (cost: $43,196,000) |  | 43428 |
| Convertible bonds & notes 0.83% |  |  |
| **Consumer discretionary 0.33%** |  |  |
| Carnival Corp., convertible notes, 5.75% 12/1/2027  | 75 | 165 |
| **Utilities 0.25%** |  |  |
| Southern Co. (The), convertible notes, 4.50% 6/15/2027  | 114 | 125 |
| **Financials 0.25%** |  |  |
| Coinbase Global, Inc., convertible notes, 0.25% 4/1/2030  | 95 | 125 |
| Total convertible bonds & notes (cost: $403,000) |  | 415 |
| Convertible stocks 0.27% | Shares |  |
| **Industrials 0.27%** |  |  |
| Boeing Co., Series A, convertible preferred depositary shares, 6.00% 10/15/2027  | 2000 | 136 |

---

---

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

---

------

Capital Group High Yield Bond ETF (continued)

---

| | | |
|:---|:---|:---|
| Short-term securities 13.61% | Shares | Value<br> (000)<br>|
| **Money market investments 13.61%** | **Money market investments 13.61%** | **Money market investments 13.61%** |
| Capital Group Central Cash Fund 4.35% <sup>(c)(d)</sup>  | 67765 | $6777 |
| **Total short-term securities** (cost: $6,777,000) |  | 6777 |
| **Total investment securities** 101.91% (cost: $50,508,000) |  | 50756 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (1.91)% | (952)<br>|
| **Net assets 100.00%** | $49804 |

---

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>6/24/2025 <sup>(e)</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>6/30/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 13.61%** | **Short-term securities 13.61%** | **Short-term securities 13.61%** | **Short-term securities 13.61%** | **Short-term securities 13.61%** | **Short-term securities 13.61%** | **Short-term securities 13.61%** | **Short-term securities 13.61%** |
| **Money market investments 13.61%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.35% <sup>(c)</sup> | $— | &nbsp;&nbsp; $7064 | &nbsp;&nbsp; $287 | &nbsp;&nbsp; $— <br><sup>(f)</sup><br>| &nbsp;&nbsp; $— <br><sup>(f)</sup><br>| &nbsp;&nbsp; $6777 | &nbsp;&nbsp; $5 |

---

<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 $36,037,000, which represented 72.40% of the net assets of the fund. 

<sup>(b)</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>(c)</sup> Rate represents the seven-day yield at 6/30/2025.

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

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

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| USD = U.S. dollars |

---

Refer to the notes to financial statements.

---

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

---

------

Capital Group International Bond ETF (USD-Hedged)unaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 97.48% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Euros 29.72%** | **Euros 29.72%** | **Euros 29.72%** |
| Albania (Republic of) 4.75% 2/14/2035 | EUR<br> 100<br>| $118 |
| Alpha Bank SA 4.25% 6/11/2031 (5-year EUR Mid-Swap + 5.823% on 6/11/2026) <sup>(a)</sup>  | 100 | 120 |
| AT&T, Inc. 1.60% 5/19/2028 | 270 | 310 |
| Banco de Sabadell, SA 5.25% 2/7/2029 (1-year EUR Mid-Swap + 2.40% on 2/7/2028) <sup>(a)</sup>  | 300 | 375 |
| Belfius Bank SA 4.875% 6/11/2035 (5-year EUR Mid-Swap + 2.20% on 6/11/2030) <sup>(a)</sup>  | 100 | 123 |
| Belgium (Kingdom of), Series 97, 3.00% 6/22/2033 | 290 | 344 |
| Belgium (Kingdom of), Series 101, 3.50% 6/22/2055 | 120 | 130 |
| British American Tobacco PLC, 3.00% junior subordinated perpetual bonds (5-year EUR <br> Mid-Swap + 3.372% on 12/27/2026) <sup>(a)</sup>  | 300 | 352 |
| CaixaBank, SA, subordinated, 1.25% 6/18/2031 (5-year EUR Mid-Swap + 1.63% on <br> 6/18/2026) <sup>(a)</sup>  | 300 | 349 |
| 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 | 465 |
| Equinix, Inc. 0.25% 3/15/2027 | 185 | 210 |
| Equinor ASA 1.375% 5/22/2032 | 100 | 105 |
| European Financial Stability Facility 3.375% 8/30/2038 | 500 | 599 |
| Exxon Mobil Corp. 0.524% 6/26/2028 | 250 | 278 |
| French Republic OAT 1.25% 5/25/2034 | 890 | 896 |
| French Republic OAT 3.00% 5/25/2054 | 345 | 336 |
| French Republic OAT 3.75% 5/25/2056 | 120 | 134 |
| Germany (Federal Republic of) 2.10% 4/12/2029 | 1541 | 1819 |
| Germany (Federal Republic of) 2.20% 2/15/2034 | 560 | 644 |
| Germany (Federal Republic of) 2.50% 8/15/2054 | 350 | 366 |
| Greece (Hellenic Republic of) 4.375% 7/18/2038 | 240 | 305 |
| Iberdrola, SA 1.874% 12/31/2079 (5-year EUR Mid-Swap + 2.321% on 4/28/2026) <sup>(a)</sup>  | 200 | 234 |
| Indonesia (Republic of) 0.90% 2/14/2027 | 125 | 144 |
| Italy (Republic of) 0.50% 7/15/2028 | 250 | 280 |
| Italy (Republic of) 3.35% 7/1/2029 | 650 | 791 |
| Italy (Republic of) 3.85% 7/1/2034 | 530 | 651 |
| Italy (Republic of) 3.65% 8/1/2035 | 390 | 468 |
| Italy (Republic of) 4.45% 9/1/2043 | 290 | 362 |
| Italy (Republic of) 4.50% 10/1/2053 | 115 | 141 |
| McDonald's Corp. 0.25% 10/4/2028 <sup>(b)</sup>  | 100 | 109 |
| Mizuho Financial Group, Inc. 0.47% 9/6/2029 (3-month EUR-EURIBOR + 0.718% on <br> 9/6/2028) <sup>(a)</sup>  | 275 | 302 |
| 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 | 133 |
| Novo Nordisk Finance (Netherlands) BV 3.375% 5/21/2034 | 100 | 119 |
| Philip Morris International, Inc. 2.875% 5/14/2029 | 250 | 296 |
| Philip Morris International, Inc. 2.75% 6/6/2029 | 120 | 140 |
| Portugal Republic 3.00% 6/15/2035 | 860 | 1010 |
| Romania 3.624% 5/26/2030 | 100 | 112 |
| Romania 5.125% 9/24/2031 | 150 | 175 |
| Senegal (Republic of) 5.375% 6/8/2037 | 100 | 73 |
| Svenska Handelsbanken AB 5.00% 8/16/2034 (5-year EUR Mid-Swap + 1.90% on <br> 8/16/2029) <sup>(a)</sup>  | 210 | 263 |
| TotalEnergies SE 2.00% junior subordinated perpetual bonds (5-year EUR-EURIBOR + <br> 1.898% on 4/17/2027) <sup>(a)</sup>  | 100 | 116 |
| UBS Group AG 7.75% 3/1/2029 (1-year EUR-ICE Swap EURIBOR + 4.95% on 3/1/2028) <sup>(a)</sup>  | 125 | 166 |
| Verallia SAS 3.875% 11/4/2032 | 300 | 352 |
|  |  | 14815 |
| **Japanese yen 11.52%** | **Japanese yen 11.52%** | **Japanese yen 11.52%** |
| Japan 0.10% 12/20/2031 | JPY<br> 30,750<br>| 200 |
| Japan 0.50% 12/20/2032 | 20200 | 134 |
| Japan, Series 152, 1.20% 3/20/2035 | 115050 | 782 |
| Japan 0.50% 12/20/2038 | 453250 | 2637 |
| Japan, Series 37, 0.60% 6/20/2050 | 140000 | 614 |
| Japan, Series 84, 2.10% 9/20/2054 | 231000 | 1378 |
|  |  | 5745 |

---

---

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

---

------

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

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **British pounds 9.30%** | **British pounds 9.30%** | **British pounds 9.30%** |
| NatWest Group PLC 2.875% 9/19/2026 (1-year GBP-ICE Swap SONIA + 1.49% on <br> 9/19/2025) <sup>(a)</sup>  | GBP<br> 200<br>| $273 |
| United Kingdom 0.875% 10/22/2029 | 3585 | 4364 |
|  |  | 4637 |
| **Chinese yuan renminbi 8.57%** | **Chinese yuan renminbi 8.57%** | **Chinese yuan renminbi 8.57%** |
| China (People's Republic of) 1.43% 1/25/2030 | CNY<br> 14,400<br>| 2005 |
| China (People's Republic of), Series INBK, 2.27% 5/25/2034 | 15500 | 2268 |
|  |  | 4273 |
| **Australian dollars 3.63%** | **Australian dollars 3.63%** | **Australian dollars 3.63%** |
| New South Wales Treasury Corp. 4.75% 2/20/2035 | AUD<br> 1,904<br>| 1251 |
| New South Wales Treasury Corp. 5.25% 2/24/2038 | 843 | 558 |
|  |  | 1809 |
| **South Korean won 3.45%** | **South Korean won 3.45%** | **South Korean won 3.45%** |
| South Korea (Republic of), Series 2712, 2.375% 12/10/2027 | KRW<br> 317,870<br>| 235 |
| South Korea (Republic of) 3.25% 3/10/2029 | 256980 | 195 |
| South Korea (Republic of), Series 3312, 4.125% 12/10/2033 | 1581030 | 1288 |
|  |  | 1718 |
| **Malaysian ringgits 3.18%** | **Malaysian ringgits 3.18%** | **Malaysian ringgits 3.18%** |
| Malaysia (Federation of), Series 0120, 3.422% 9/30/2027 | MYR<br> 1,910<br>| 457 |
| Malaysia (Federation of), Series 0219, 3.885% 8/15/2029 | 1250 | 304 |
| Malaysia (Federation of), Series 0224, 4.18% 5/16/2044 | 3300 | 826 |
|  |  | 1587 |
| **Canadian dollars 3.08%** | **Canadian dollars 3.08%** | **Canadian dollars 3.08%** |
| Canada (Government) 4.00% 3/1/2029 | CAD<br> 1,250<br>| 958 |
| Quebec Canada (Province of) 3.10% 12/1/2051 | 1000 | 579 |
|  |  | 1537 |
| **Norwegian kroner 2.20%** | **Norwegian kroner 2.20%** | **Norwegian kroner 2.20%** |
| Norway (Kingdom of) 3.75% 6/12/2035 | NOK<br> 11,090<br>| 1095 |
| **Brazilian reais 1.32%** | **Brazilian reais 1.32%** | **Brazilian reais 1.32%** |
| Brazil (Federative Republic of) 10.00% 1/1/2031 | BRL<br> 3,000<br>| 485 |
| Brazil (Federative Republic of) 6.00% 8/15/2050 | 1049 | 172 |
|  |  | 657 |
| **Polish zloty 0.90%** | **Polish zloty 0.90%** | **Polish zloty 0.90%** |
| Poland (Republic of), Series 1029, 2.75% 10/25/2029 | PLN<br> 1,750<br>| 448 |
| **Mexican pesos 0.33%** | **Mexican pesos 0.33%** | **Mexican pesos 0.33%** |
| United Mexican States, Series M, 8.00% 7/31/2053 | MXN<br> 3,800<br>| 167 |
| **Turkish lira 0.10%** | **Turkish lira 0.10%** | **Turkish lira 0.10%** |
| Turkey (Republic of), Series 5Y, 12.60% 10/1/2025 | TRY<br> 2,100<br>| 50 |
| **U.S. dollars 20.18%** | **U.S. dollars 20.18%** | **U.S. dollars 20.18%** |
| Amgen, Inc. 5.65% 3/2/2053 | USD<br> 75<br>| 73 |
| Angola (Republic of) 9.50% 11/12/2025 | 200 | 201 |
| Biocon Biologics Global PLC 6.67% 10/9/2029 <sup>(c)</sup>  | 200 | 190 |
| BMO Mortgage Trust, Series 2024-5C8, Class AS, 5.94% 12/15/2057 <sup>(d)(e)</sup>  | 45 | 47 |

---

---

| | |
|:---|:---|
| **47** | 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 (continued)** | **U.S. dollars (continued)** | **U.S. dollars (continued)** |
| Bristol-Myers Squibb Co. 5.65% 2/22/2064 | USD<br> 70<br>| $68 |
| BX Trust, Series 2021-SDMF, Class A, (1-month USD CME Term SOFR + 0.703%) 5.015% <br> 9/15/2034 <sup>(c)(d)(e)</sup>  | 94 | 94 |
| BX Trust, Series 2021-ACNT, Class A, (1-month USD CME Term SOFR + 0.964%) 5.276% <br> 11/15/2038 <sup>(c)(d)(e)</sup>  | 86 | 86 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(c)(d)</sup>  | 100 | 103 |
| CALI Mortgage Trust, Series 24-SUN, Class A, (1-month USD CME Term SOFR + 1.89%) <br> 6.203% 7/15/2041 <sup>(c)(d)(e)</sup>  | 100 | 100 |
| China Oil and Gas Group, Ltd. 4.70% 6/30/2026 | 220 | 216 |
| Colombia (Republic of) 3.00% 1/30/2030 | 200 | 173 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average <br> USD-SOFR + 1.10%) 5.405% 2/25/2044 <sup>(c)(d)(e)</sup>  | 56 | 56 |
| Edison International 6.25% 3/15/2030 | 25 | 25 |
| Edison International 5.25% 3/15/2032 | 150 | 142 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(c)(d)</sup>  | 91 | 92 |
| Export-Import Bank of Thailand 5.354% 5/16/2029 | 250 | 257 |
| Fannie Mae Pool #MA5552 5.00% 12/1/2054 <sup>(d)</sup>  | 1209 | 1186 |
| Fannie Mae Pool #MA5699 5.00% 5/1/2055 <sup>(d)</sup>  | 335 | 328 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(d)</sup>  | 37 | 38 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026 | 250 | 253 |
| Freddie Mac Pool #SD8453 5.50% 8/1/2054 <sup>(d)(f)</sup>  | 1403 | 1404 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(d)</sup>  | 115 | 117 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(d)</sup>  | 31 | 32 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1B, <br> (30-day Average USD-SOFR + 3.70%) 8.005% 9/25/2042 <sup>(c)(d)(e)</sup>  | 100 | 105 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA1, Class A1, <br> (30-day Average USD-SOFR + 0.95%) 5.255% 1/25/2045 <sup>(c)(d)(e)</sup>  | 15 | 16 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class E, (1-month USD CME Term SOFR + 3.29%) <br> 7.602% 3/15/2042 <sup>(c)(d)(e)</sup>  | 100 | 98 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.649% 1/13/2040 <sup>(c)(d)(e)</sup>  | 109 | 113 |
| 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>  | 200 | 195 |
| Korea Electric Power Corp. 4.75% 2/13/2028 <sup>(c)</sup>  | 200 | 202 |
| Korea Gas Corp. 5.00% 7/8/2029 <sup>(c)</sup>  | 200 | 205 |
| Lendbuzz Securitization Trust, Series 2025-1A, Class A2, 5.10% 10/15/2030 <sup>(c)(d)</sup>  | 18 | 18 |
| LG Energy Solution, Ltd. 5.25% 4/2/2028 <sup>(c)</sup>  | 200 | 201 |
| MTN (Mauritius) Investments, Ltd. 6.50% 10/13/2026 | 200 | 202 |
| 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>  | 96 | 96 |
| Pacific Gas and Electric Co. 5.00% 6/4/2028 | 100 | 100 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028 | 150 | 149 |
| Pacific Gas and Electric Co. 6.00% 8/15/2035 | 50 | 51 |
| Petroleos Mexicanos 6.875% 10/16/2025 | 150 | 150 |
| Petroleos Mexicanos 4.50% 1/23/2026 | 100 | 99 |
| Petroleos Mexicanos 6.875% 8/4/2026 | 250 | 250 |
| Petroleos Mexicanos 6.49% 1/23/2027 | 100 | 100 |
| Petroleos Mexicanos 6.70% 2/16/2032 | 100 | 93 |
| Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053 | 70 | 66 |
| 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 | 201 |
| Sands China, Ltd. 5.40% 8/8/2028 <sup>(a)</sup>  | 200 | 202 |
| Santander Drive Auto Receivables Trust, Series 2024-4, Class A2, 5.41% 7/15/2027 <sup>(d)</sup>  | 74 | 75 |
| Sasol Financing USA, LLC 4.375% 9/18/2026 | 200 | 197 |
| 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>  | 4 | 4 |
| SMRC Automotive Holdings Netherlands BV 5.625% 7/11/2029 <sup>(c)</sup>  | 200 | 203 |
| Southern California Edison Co. 5.90% 3/1/2055 | 100 | 92 |
| Stillwater Mining Co. 4.00% 11/16/2026 <sup>(b)</sup>  | 200 | 196 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class D, (1-month USD CME Term <br> SOFR + 2.591%) 6.953% 3/15/2042 <sup>(c)(d)(e)</sup>  | 100 | 99 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026 | 59 | 58 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(c)(d)</sup>  | 219 | 219 |
| Uniform Mortgage-Backed Security 6.00% 7/1/2055 <sup>(d)</sup>  | 317 | 323 |

---

---

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

---

------

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)** | **U.S. dollars (continued)** |
| UnitedHealth Group, Inc. 5.15% 7/15/2034 |  | USD<br> 102<br>| $103 |
| Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 <sup>(c)(d)(e)</sup>  |  | 93 | 94 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(c)(d)</sup>  |  | 100 | 100 |
|  |  |  | 10058 |
| Short-term securities 0.25% |  | Shares |  |
| **Money market investments 0.03%** | **Money market investments 0.03%** | **Money market investments 0.03%** | **Money market investments 0.03%** |
| Capital Group Central Cash Fund 4.35% <sup>(g)(h)</sup>  |  | 130 | 13 |
|  | Weighted <br>average yield at <br>acquistion<br>| Principal amount<br> (000)<br>|  |
| **Bills & notes of governments & government agencies outside the U.S. 0.22%** | **Bills & notes of governments & government agencies outside the U.S. 0.22%** | **Bills & notes of governments & government agencies outside the U.S. 0.22%** | **Bills & notes of governments & government agencies outside the U.S. 0.22%** |
| Egypt (Arab Republic of) 9/9/2025 | 22.955<br> %<br>| EGP<br> 5,700<br>| 109 |
| **Total short-term securities** (cost: $120,000) |  |  | 122 |
| **Total investment securities** 97.73% (cost: $46,018,000) |  |  | 48718 |
| Other assets less liabilities 2.27% |  |  | 1132 |
| **Net Assets** 100.00% |  |  | $49850 |

---

**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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 3 Month SONIA Index Futures | Long | 40 | 3/17/2026 | USD29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $29 |
| 2 Year Euro-Schatz Futures | Short | 42 | 9/8/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7 |
| 2 Year U.S. Treasury Note Futures | Short | 7 | 9/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| 5 Year Canadian Government Bond Futures | Long | 21 | 9/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7 |
| 5 Year Euro-Bobl Futures | Long | 39 | 9/8/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13)<br>|
| 5 Year U.S. Treasury Note Futures | Short | 18 | 9/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18)<br>|
| 10 Year Australian Treasury Bond Futures | Short | 13 | 9/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)<br>|
| 10 Year Canadian Government Bond Futures | Long | 152 | 9/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13 |
| 10 Year Euro-Bund Futures | Short | 13 | 9/8/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10 |
| 10 Year French Government Bond Futures | Long | 3 | 9/8/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)<br>|
| 10 Year Italy Government Bond Futures | Long | 1 | 9/8/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| 10 Year Japanese Government Bond Futures | Short | 4 | 9/12/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12)<br>|
| 10 Year U.S. Treasury Note Futures | Short | 2 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>|
| 10 Year UK Gilt Futures | Long | 28 | 9/26/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61 |
| 10 Year Ultra U.S. Treasury Note Futures | Long | 2 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 |
| 30 Year Euro-Buxl Futures | Short | 7 | 9/8/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10 |
| 30 Year Ultra U.S. Treasury Bond Futures | Short | 7 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $59 |

---

---

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

---

------

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

**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 6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| GBP | 4527 | USD | 3300 | Morgan Stanley | 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3 |
| USD | 4451 | GBP | 3300 | JPMorgan Chase Bank | 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (79)<br>|
| USD | 827 | MYR | 3500 | BNP Paribas | 7/9/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)<br>|
| AUD | 880 | USD | 1350 | Morgan Stanley | 7/14/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9 |
| TRY | 88 | USD | 3575 | Citibank | 7/14/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| USD | 1096 | NOK | 11040 | Citibank | 7/14/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 2697 | AUD | 4117 | Citibank | 7/14/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13)<br>|
| USD | 6094 | EUR | 5320 | JPMorgan Chase Bank | 7/14/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (178)<br>|
| EUR | 567 | USD | 482 | Standard Chartered Bank | 7/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 |
| USD | 6058 | EUR | 5299 | BNP Paribas | 7/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (189)<br>|
| USD | 59 | JPY | 8461 | JPMorgan Chase Bank | 7/16/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 1736 | CNH | 12435 | Citibank | 7/16/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>|
| USD | 4246 | JPY | 612667 | UBS AG | 7/16/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15)<br>|
| USD | 839 | JPY | 120261 | HSBC Bank | 7/17/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3 |
| USD | 1583 | CAD | 2159 | Bank of New York | 7/17/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)<br>|
| USD | 325 | GBP | 239 | Standard Chartered Bank | 7/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>|
| USD | 606 | BRL | 3392 | Citibank | 7/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15)<br>|
| USD | 1719 | KRW | 2351226 | Citibank | 7/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21)<br>|
| USD | 755 | MYR | 3200 | JPMorgan Chase Bank | 7/21/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)<br>|
| USD | 435 | PLN | 1590 | Citibank | 7/21/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)<br>|
| USD | 633 | JPY | 90000 | JPMorgan Chase Bank | 7/22/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7 |
| EUR | 119 | USD | 101 | Goldman Sachs | 7/25/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| EUR | 115 | USD | 98 | UBS AG | 7/25/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(i)</sup><br>|
| USD | 2796 | EUR | 2370 | HSBC Bank | 7/25/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (35)<br>|
| USD | 133 | MXN | 2541 | Morgan Stanley | 7/28/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| USD | 2796 | CNH | 22800 | UBS AG | 8/6/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>|
| USD | 4528 | GBP | 3300 | Morgan Stanley | 8/11/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(551)<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>6/30/2025 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 6/30/2025 <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>6/30/2025 <br>(000) | Upfront <br>premium <br>paid <br>(received) <br>(000) | Unrealized <br>appreciation <br>(depreciation) <br>at 6/30/2025 <br>(000) |
| 4.1378% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 2/10/2027 | NOK14,760 | &nbsp;&nbsp; $4 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $4 |
| 4.135% | Annual | 6-month NOK-NIBOR | Semi-annual | &nbsp;&nbsp; 2/10/2027 | &nbsp;&nbsp; 14740 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3 |
| 6-month EURIBOR | Semi-annual | 2.2007% | Annual | &nbsp;&nbsp; 2/10/2027 | EUR1,250 | &nbsp;&nbsp; (4)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (4)<br>|
| 6-month EURIBOR | Semi-annual | 2.2032% | Annual | &nbsp;&nbsp; 2/10/2027 | &nbsp;&nbsp; 1250 | &nbsp;&nbsp; (5)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (5)<br>|
| 3-month SEK STIBOR | Quarterly | 2.3132% | Annual | &nbsp;&nbsp; 5/1/2030 | SEK22,000 | &nbsp;&nbsp; (17)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (17)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp; $(19)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(19)<br>|

---

---

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

---

------

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

**Swap contracts** (continued)

------

**Interest rate swaps** (continued)

**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>6/30/2025 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 6/30/2025 <br>(000) |
| Rate | &nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Rate | &nbsp;&nbsp;&nbsp; Payment <br>frequency<br>| Counterparty | &nbsp;&nbsp; Expiration <br>date | &nbsp;&nbsp; Notional <br>amount <br>(000) | &nbsp;&nbsp; Value at <br>6/30/2025 <br>(000) | &nbsp;&nbsp; Upfront <br>premium <br>paid <br>(received) <br>(000) | &nbsp;&nbsp; Unrealized <br>appreciation <br>(depreciation) <br>at 6/30/2025 <br>(000) |
| 14.89% | At maturity | BZDIOVER | At maturity | Goldman Sachs | &nbsp;&nbsp;&nbsp; 1/4/2027 | &nbsp;&nbsp;&nbsp; BRL4,880 | &nbsp;&nbsp;&nbsp; $13 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $13 |
| 11.91% | At maturity | BZDIOVER | At maturity | Barclays Bank PLC | &nbsp;&nbsp;&nbsp; 1/4/2027 | &nbsp;&nbsp;&nbsp; 6400 | &nbsp;&nbsp;&nbsp; (43)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (43)<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp; $(30)<br>| &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $(30)<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>6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| iTraxx.EUR.Crossover.43 | 1.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | &nbsp;&nbsp;&nbsp;&nbsp; EUR<br> 200<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(22)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(22)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— <br><sup>(i)</sup><br>|
| CDX.NA.HY.S44 | 5.00% | Quarterly | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | &nbsp;&nbsp;&nbsp;&nbsp; USD<br> 775<br>| &nbsp;&nbsp;&nbsp;&nbsp; (50)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (58)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (8)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $(72)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(80)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(8)<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;&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;&nbsp; Value at <br>6/30/2025 <sup>(k)</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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 1.00% | Quarterly | ITRAXX.EUR.43 | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | EUR1,380 | &nbsp;&nbsp;&nbsp;&nbsp; $35 | &nbsp;&nbsp;&nbsp;&nbsp; $31 | &nbsp;&nbsp;&nbsp;&nbsp; $4 |

---

**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>6/30/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 0.03%** | **Short-term securities 0.03%** | **Short-term securities 0.03%** | **Short-term securities 0.03%** | **Short-term securities 0.03%** | **Short-term securities 0.03%** | **Short-term securities 0.03%** | **Short-term securities 0.03%** |
| **Money market investments 0.03%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.35% <sup>(g)</sup> | $3781 | &nbsp;&nbsp; $13826 | &nbsp;&nbsp; $17594 | &nbsp;&nbsp; $(1)<br>| &nbsp;&nbsp; $1 | &nbsp;&nbsp; $13 | &nbsp;&nbsp; $50 |

---

**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>|
| Stillwater Mining Co. 4.00% 11/16/2026  | 6/25/2024 | $190 | $196 | 0.40<br> %<br>|
| McDonald's Corp. 0.25% 10/4/2028  | 6/25/2024 | 97 | 109 | 0.22 |
|  |  | $287 | $305 | 0.62<br> %<br>|

---

---

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

---

------

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

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

<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. The total value of all such restricted securities was $305,000, which represented 0.62% of the net assets of the fund. 

<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 $2,596,000, which represented 5.20% of the net assets of the fund. 

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

<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 $259,000, which represented 0.52% of the net assets of the fund. 

<sup>(g)</sup> Rate represents the seven-day yield at 6/30/2025.

<sup>(h)</sup> 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 |
| CME = CME Group |
| CNH = Chinese yuan renminbi |
| CNY = Chinese yuan |
| EGP = Egyptian pounds |
| EUR = Euros |
| EURIBOR = Euro Interbank Offered Rate |
| GBP = British pounds |
| 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 |
| PLN = Polish zloty |
| 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.

---

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

---

------

Capital Group Municipal Income ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 95.64% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alabama 4.55%** | **Alabama 4.55%** | **Alabama 4.55%** |
| Auburn University, General Fee Rev. Bonds, Series 2025-A, 5.00% 6/1/2044  | USD<br> 1,250<br>| $1310 |
| 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>  | 2465 | 2487 |
| City of Birmingham, Water Works Board, Rev. Anticipation Bonds, Series 2024, 3.75% 9/1/2026 <sup>(a)</sup>  | 2035 | 2033 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2023-C, 5.50% 10/1/2054 (put 6/1/2032)  | 1000 | 1080 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-C, 5.00% 5/1/2055 (put 7/1/2031)  | 7065 | 7404 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-B, 5.00% 10/1/2055 (put 9/1/2032)  | 10940 | 11525 |
| 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 | 7777 |
| 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 | 1003 |
| 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 | 4717 |
| Black Belt Energy Gas Dist., Gas Project Rev. Ref. Bonds, Series 2023-D-1, 5.50% 6/1/2049 (put 2/1/2029)  | 1400 | 1477 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 6/1/2051 (put 12/1/2031)  | 7500 | 7594 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2022-F, 5.50% 11/1/2053 (put 12/1/2028)  | 750 | 788 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2023-B, 5.25% 12/1/2053 (put 12/1/2026)  | 12285 | 13172 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2023-A-1, 5.50% 11/1/2053 (put 1/1/2031)  | 2010 | 2170 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2024-B, 5.25% 7/1/2054 (put 6/1/2032)  | 10655 | 11404 |
| 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 | 2537 |
| Housing Fin. Auth., Collateralized Single Family Mortgage Rev. Bonds, Series 2024-C, 5.75% 4/1/2055  | 4185 | 4534 |
| 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 | 273 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.00% 10/1/2035  | 3000 | 3236 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.00% 10/1/2039  | 6445 | 6749 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2041  | 1925 | 2022 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2044  | 655 | 673 |
| City of Prattville, Industrial Dev. Board, Pollution Control Rev. Ref. Bonds (Union Camp Corp. Project), Series 1998, <br> 5.30% 9/1/2028  | 1250 | 1318 |
| 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 | 1477 |
| Public Educational Building Auth. of Jacksonville, Higher Educational Facs. Rev. Bonds (JSU Foundation Project), Series <br> 2024-A, BAM insured, 5.00% 8/1/2036  | 1000 | 1083 |
| 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 | 2331 |
| 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 | 10643 |
| 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 | 2472 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 4), Series 2022-B-1, 5.00% 5/1/2053 (put <br> 8/1/2028)  | 2500 | 2587 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-B, 5.25% 3/1/2055 (put 1/1/2033)  | 7880 | 8237 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2024-C, 5.00% 11/1/2055 (put <br> 11/1/2032)  | 17375 | 18322 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-A, 5.00% 1/1/2056 (put 6/1/2035)  | 6335 | 6469 |
| Stadium Trace Village Improvement Dist. Dev. Incentive Anticipation Bonds, Series 2021, 3.625% 3/1/2036  | 1050 | 930 |
| Board of Trustees of the University of Alabama, General Rev. Bonds, Series 2019-C, 5.00% 7/1/2025  | 1160 | 1160 |
|  |  | 152994 |
| **Alaska 0.26%** | **Alaska 0.26%** | **Alaska 0.26%** |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds, Series 2015, AMT, 5.00% 1/1/2034  | 1400 | 1401 |
| International Airport System, Rev. Ref. Bonds, Series 2021-C, AMT, 5.00% 10/1/2026  | 1455 | 1488 |
| International Airport System, Rev. Ref. Bonds, Series 2025-A, 5.00% 10/1/2034  | 1510 | 1692 |
| City of Valdez, Marine Terminal Rev. Ref. Bonds (Exxon Pipeline Co. Project), Series 1993-B, 4.05% 12/1/2033 <sup>(b)</sup>  | 4000 | 4000 |
|  |  | 8581 |
| **Arizona 1.33%** | **Arizona 1.33%** | **Arizona 1.33%** |
| Agricultural Improvement and Power Dist., Electric System Rev. Bonds (Salt River Project), Series 2024-B, 5.00% <br> 5/1/2039  | 2000 | 2176 |
| City of Glendale, Senior Excise Tax Rev. and Ref. Ref. Obligations, Series 2024, 5.00% 7/1/2038  | 1250 | 1364 |
| Industrial Dev. Auth., Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2023-A, 5.00% 11/1/2028  | 950 | 994 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2021-A, 4.00% <br> 11/1/2040  | 500 | 457 |

---

---

| | |
|:---|:---|
| **53** | 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>|
| **Arizona (continued)** | **Arizona (continued)** | **Arizona (continued)** |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Macombs Fac. Project), Series <br> 2021-A, 4.00% 7/1/2036  | USD<br> 310<br>| $293 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 4.00% 7/1/2029 <sup>(a)</sup>  | 165 | 163 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-A, 5.00% 7/1/2048  | 750 | 714 |
| 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 | 1450 |
| 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>  | 210 | 193 |
| 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 | 196 |
| 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 | 194 |
| Industrial Dev. Auth., Hospital Rev. Bonds (Phoenix Children's Hospital), Series 2020-A, 3.00% 2/1/2045  | 1000 | 731 |
| Industrial Dev. Auth., Multi Family Housing (The Ranches at Gunsmoke Project), Series 2024, 5.00% 3/1/2058 (put <br> 11/1/2026)  | 1940 | 1988 |
| 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 | 3996 |
| Industrial Dev. Auth., Municipal Certs., Series 2019-2, Class A, 3.625% 5/20/2033  | 991 | 950 |
| 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 | 767 |
| 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>  | 1500 | 1248 |
| County of Maricopa, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Honor Health), Series 2024-D, 5.00% 12/1/2041  | 1000 | 1032 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Banner Health), Series 2016-A, 5.00% 1/1/2038  | 1750 | 1772 |
| 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 | 653 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Palo Verde Project), Series 2009-B, 3.60% <br> 4/1/2040  | 2140 | 1861 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series <br> 2000-A, 2.40% 6/1/2035  | 2500 | 2000 |
| Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series <br> 2000-B, 2.40% 6/1/2035  | 5845 | 4676 |
| City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2026  | 3500 | 3560 |
| Phoenix Union High School Dist. No. 210, Improvement Bonds (Project of 2023), Series 2025-B, 5.00% 7/1/2029  | 1400 | 1523 |
| City of Phoenix Civic Improvement Corp., Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 7/1/2028  | 1035 | 1056 |
| 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 | 2378 |
| 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 | 1433 |
| 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 | 907 |
| Board of Regents of the Arizona State University System, Rev. Bonds, Series 2024-A, 5.00% 8/1/2042  | 1000 | 1046 |
| Transportation Board, Highway Rev. and Rev. Ref. Bonds, Series 2023, 5.00% 7/1/2026  | 1000 | 1024 |
| Board of Regents of the University of Arizona, System Rev. and Rev. Ref. Bonds, Series 2021-A, 5.00% 6/1/2043  | 1000 | 1031 |
| Board of Regents of the University of Arizona, System Rev. Bonds, Series 2019-A, 5.00% 6/1/2042  | 1000 | 1022 |
|  |  | 44848 |
| **Arkansas 0.43%** | **Arkansas 0.43%** | **Arkansas 0.43%** |
| Dev. Fin. Auth., Industrial Dev. Rev. Bonds (Big River Steel Project), Series 2019, AMT, 4.50% 9/1/2049 <sup>(a)</sup>  | 14385 | 13854 |
| Dev. Fin. Auth., Industrial Dev. Rev. Green Bonds (Big River Steel Project), Series 2020, AMT, 4.75% 9/1/2049 <sup>(a)</sup>  | 770 | 748 |
|  |  | 14602 |
| **California 7.87%** | **California 7.87%** | **California 7.87%** |
| 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 | 3978 |
| 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 | 895 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-A, 5.00% 5/1/2054 (put <br> 4/1/2032)  | 3500 | 3690 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-F, 5.50% 10/1/2054 (put <br> 11/1/2030)  | 645 | 692 |

---

---

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

---

------

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)** |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-G, 5.25% 11/1/2054 (put <br> 4/1/2030)  | USD<br> 1,000<br>| $1060 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-B, 5.00% 1/1/2055 (put <br> 12/1/2032)  | 2900 | 2998 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-E, 5.00% 2/1/2055 (put <br> 9/1/2032)  | 3815 | 4033 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-F, 5.00% 2/1/2055 (put <br> 11/1/2032)  | 4730 | 5028 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-C, 5.00% 8/1/2055 (put <br> 10/1/2032)  | 6765 | 7134 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-G, 5.00% 11/1/2055 (put <br> 8/1/2032)  | 5000 | 5162 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-A, 5.00% 1/1/2056 (put <br> 5/1/2035)  | 1650 | 1704 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-B, 5.00% 3/1/2056 (put <br> 11/1/2035)  | 7115 | 7561 |
| 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 | 760 |
| 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 | 349 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Parallel-Anaheim), Series 2021-A, 4.00% <br> 8/1/2056 <sup>(a)</sup>  | 2670 | 2288 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-A-1, <br> 2.65% 12/1/2046 <sup>(a)</sup>  | 980 | 754 |
| 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 | 403 |
| 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 | 402 |
| Davis Joint Unified School Dist., G.O Bonds, 2018 Election, Series 2020, BAM insured, 3.00% 8/1/2034  | 750 | 711 |
| East County Advanced Water Purification JT Powers Auth. Green Bonds, Series 2024-A-1, 3.125% 9/1/2026  | 5000 | 5015 |
| Educational Facs. Auth., Rev. Bonds (Saint Mary's College of California), Series 2023-A, 5.00% 10/1/2038  | 525 | 533 |
| Educational Facs. Auth., Rev. Bonds (University of Southern California), Series 2025-A, 5.00% 10/1/2035  | 1590 | 1863 |
| Escondido Union High School Dist., GO Bonds, CAB, 2008 Election, Series 2009-A, Assured Guaranty insured, 0% <br> 8/1/2028  | 500 | 455 |
| 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 | 3999 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2029  | 500 | 527 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2031  | 495 | 529 |
| Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.125% 1/15/2028 <sup>(c)</sup>  | 3000 | 3255 |
| Fremont Unified School Dist., GO Bonds, 2014 Election, Series 2021-D, 3.00% 8/1/2033  | 1600 | 1552 |
| Glendale Community College Dist., GO Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2041  | 2150 | 1028 |
| Glendale Community College Dist., GO Rev. Ref. Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2032  | 500 | 390 |
| Glendale Community College Dist., GO Rev. Ref. Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2036  | 1000 | 643 |
| GO Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2028  | 5025 | 5422 |
| GO Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2032  | 995 | 1123 |
| GO Rev. Ref. Bonds, Series 2019, 3.00% 10/1/2037  | 500 | 449 |
| Grossmont Union High School Dist., GO Bonds, CAB, 2004 Election, Series 2008, 0% 8/1/2032  | 4000 | 3189 |
| Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2024-A, 5.25% 12/1/2040  | 750 | 774 |
| Health Facs. Fncg. Auth., Rev. Bonds (Cedars-Sinai Medical Center), Series 2021-A, 3.00% 8/15/2051  | 500 | 347 |
| Health Facs. Fncg. Auth., Rev. Bonds (Children's Hospital of Orange County), Series 2021-A, 3.00% 11/1/2038  | 635 | 566 |
| Health Facs. Fncg. Auth., Rev. Bonds (Episcopal Communities & Services), Series 2024-B, 5.00% 11/15/2038  | 430 | 443 |
| Housing Fin. Agcy., Municipal Certs., Series 2019-1, Class A, 4.25% 1/15/2035  | 2268 | 2300 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-1, 3.50% 11/20/2035  | 1869 | 1745 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036  | 6106 | 5696 |
| Housing Fin. Agcy., Municipal Certs., Series 2023-1, Class A, 4.375% 9/20/2036  | 2749 | 2750 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (WFCS Portfolio Projects), Series 2021-A-1, 5.00% 1/1/2056 <sup>(a)</sup>  | 250 | 208 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.50% 8/1/2041  | 710 | 784 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.50% 8/1/2042  | 320 | 351 |
| Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, 5.00% 9/1/2035  | 1245 | 1298 |
| City of Jurupa, Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2020-A, BAM insured, 4.00% 9/1/2031  | 1890 | 1966 |
| 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 | 2664 |

---

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| | |
|:---|:---|
| **55** | 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>|
| **California (continued)** | **California (continued)** | **California (continued)** |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-D, AMT, 5.00% <br> 5/15/2026  | USD<br> 495<br>| $503 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2018-A, AMT, 5.00% <br> 5/15/2037  | 1000 | 1015 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-F, AMT, 5.00% <br> 5/15/2039  | 1000 | 1015 |
| 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 | 1087 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2032  | 640 | 699 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2033  | 840 | 904 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2033  | 1220 | 1340 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-B, 5.00% 7/1/2034  | 1160 | 1278 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2035  | 525 | 573 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2036  | 690 | 728 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2036  | 1700 | 1824 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-A, 5.00% 7/1/2036  | 1000 | 1077 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2036  | 615 | 662 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-B, 5.00% 7/1/2037  | 1115 | 1184 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2038  | 1500 | 1589 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2039  | 1455 | 1510 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2039  | 585 | 616 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2041  | 670 | 693 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM insured, 5.00% <br> 7/1/2041  | 625 | 657 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2042  | 1140 | 1176 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2042  | 1000 | 1043 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM insured, 5.00% <br> 7/1/2042  | 275 | 288 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2048  | 1000 | 1014 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2052  | 500 | 501 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2053  | 500 | 501 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-1-A, 5.25% 7/1/2053  | 550 | 566 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2034  | 500 | 552 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2036  | 730 | 790 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2037  | 840 | 899 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2039  | 2200 | 2295 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2039  | 500 | 526 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2024-B, 5.00% 7/1/2039  | 1000 | 1057 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2047  | 500 | 507 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.25% 7/1/2053  | 500 | 510 |
| City of Los Angeles, Harbor Dept., Rev. Ref. Green Bonds, Series 2024-A-2, AMT, 5.00% 8/1/2037  | 360 | 386 |
| 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 | 427 |
| 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 | 510 |
| Monrovia Unified School Dist., GO Bonds, CAB, 1997 Election, Series 2001-B, National insured, 0% 8/1/2032  | 750 | 593 |
| 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 | 1112 |
| 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., 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 | 2352 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 5.00% 10/1/2044  | 1200 | 1172 |
| Municipal Fin. Auth., School Fac. Rev. Bonds (St. Mary's School - Aliso Viejo), Series 2024-B, 4.65% 5/1/2030  | 265 | 269 |
| 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 | 1242 |
| 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 | 4769 |
| 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 | 2112 |

---

---

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

---

------

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)** |
| Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2020, AMT, 3.75% <br> 10/1/2045 (put 9/1/2025)  | USD<br> 2,665<br>| $2665 |
| 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 | 1959 |
| Municipal Fin. Auth., Special Tax Rev. Bonds (Bold Program), Series 2024-D, 5.00% 9/1/2039  | 1000 | 1015 |
| Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2026  | 1795 | 1834 |
| Napa Valley Community College Dist., GO Bonds, CAB, 2002 Election, Series 2005-B, National insured, 0% 8/1/2026  | 3755 | 3638 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-CA, 3.925% 7/20/2039 <sup>(b)</sup>  | 6938 | 6445 |
| Newport-Mesa Unified School Dist., GO Bonds, CAB, 2005 Election, Series 2011, 0% 8/1/2033  | 700 | 541 |
| Northern California Energy Auth. Commodity Supply Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2054 (put 8/1/2030)  | 3000 | 3155 |
| County of Orange, Community Facs. Dist. No. 2023-1 (Rienda Phase 2B), Special Tax Bonds, Series 2023-A, 5.50% <br> 8/15/2038  | 450 | 472 |
| Oxnard Union High School Dist., GO Bond Anticipation Notes, Series 2025, 6.00% 2/1/2030  | 1435 | 1644 |
| Palo Alto Unified School Dist., GO Bonds, CAB, 2008 Election, Series 2008, 0% 8/1/2032  | 3000 | 2439 |
| Pollution Control Fncg. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2023, AMT, <br> 3.70% 7/1/2043 (put 8/15/2025) <sup>(a)</sup>  | 1880 | 1879 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 5.875% 6/1/2039 <sup>(a)</sup>  | 2335 | 2275 |
| 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 | 875 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2024-C, 5.00% 9/1/2027  | 1065 | 1121 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2023-C, 5.00% 9/1/2035  | 3790 | 4221 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2022-C, 5.00% 8/1/2036  | 1785 | 1928 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2021-B, 4.00% 5/1/2041  | 1405 | 1362 |
| Rialto Unified School Dist., GO Bonds, 2022 Election, Series 2023, BAM insured, 0% 8/1/2028  | 115 | 104 |
| Rialto Unified School Dist., GO Bonds, 2022 Election, Series 2023, BAM insured, 0% 8/1/2029  | 140 | 123 |
| 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 | 199 |
| County of Riverside, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Jurupa Valley Redev. Project <br> Area), Series 2015-B, Assured Guaranty insured, 5.00% 10/1/2027  | 1000 | 1004 |
| 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  | 1420 | 1406 |
| Rowland Unified School Dist., GO Bonds, CAB, 2006 Election, Series 2009-B, 0% 8/1/2034  | 500 | 351 |
| City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, 5.00% <br> 9/1/2028  | 1000 | 1003 |
| City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, 5.00% <br> 9/1/2035  | 2890 | 2896 |
| 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 | 1129 |
| 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 | 543 |
| 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 | 1963 |
| 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 | 1998 |
| San Diego Unified School Dist., GO Dedicated Unlimited Ad Valorem Property Tax Bonds, 2008 Election, Series <br> 2012-E, 0% 7/1/2034  | 750 | 546 |
| 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 | 1121 |
| 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 | 7283 |
| 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 | 3894 |
| 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 | 499 |
| 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>  | 800 | 860 |
| 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 | 734 |
| City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Bonds, Series 2025-F, 5.00% <br> 11/1/2039  | 1700 | 1936 |
| City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Bonds, Series 2025-F, 5.00% <br> 11/1/2040  | 555 | 623 |

---

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| | |
|:---|:---|
| **57** | 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 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>  | USD<br> 875<br>| $916 |
| San Francisco Community College Dist., GO Bonds, 2020 Election, Series 2020-A, 3.00% 6/15/2045  | 1000 | 753 |
| San Jacinto Unified School Dist., GO Bonds, 2016 Election, Series 2022, 4.00% 8/1/2043  | 1105 | 1063 |
| City of San Jose, Airport Rev. Ref. Bonds, Series 2017-A, AMT, 5.00% 3/1/2041  | 1500 | 1495 |
| City of San Jose, Multi Family Housing Rev. Bonds (Parkmoor), Series 2023-F-2, 5.00% 6/1/2027 (put 6/1/2026)  | 215 | 218 |
| San Mateo Community College Dist., GO Bonds, CAB, 2005 Election, Series 2006-B, National insured, 0% 9/1/2031  | 7500 | 6209 |
| School Fin. Auth., Educational Fac. Rev. Bonds (River Springs Charter School Project), Series 2015-A, 6.375% 7/1/2046 <br> (preref. 7/1/2025) <sup>(a)</sup>  | 1960 | 1960 |
| Southern California Public Power Auth., Ref. Rev. Bonds (Apex Power Project), Series 2024-A, 5.00% 7/1/2036  | 500 | 554 |
| Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series 2024-1, <br> 5.00% 7/1/2053  | 750 | 759 |
| Southern California Public Power Auth., Rev. Ref. Bonds (Milford Wind Corridor Phase I Project), Series 2019-1, 5.00% <br> 7/1/2029  | 520 | 554 |
| 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., 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 insured, 5.00% 5/15/2027  | 500 | 518 |
| Stockton Unified School Dist., GO Bonds, 2018 Election, Series 2021-B, Assured Guaranty insured, 4.00% 8/1/2040  | 2225 | 2216 |
| Stockton Unified School Dist., GO Bonds, CAB, 2008 Election, Series 2011-D, Assured Guaranty insured, 0% 8/1/2033  | 1000 | 761 |
| 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 | 857 |
| Township of Washington, Health Care Dist., GO Bonds, 2020 Election, Series 2013-A, 5.00% 8/1/2043  | 5125 | 5050 |
| Regents of the University of California, General Rev. Bonds, Series 2022-BK, 5.00% 5/15/2032  | 1450 | 1641 |
| Regents of the University of California, General Rev. Bonds, Series 2024-BV, 5.00% 5/15/2035  | 1250 | 1412 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CC, 5.00% 5/15/2042  | 1240 | 1325 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CC, 5.00% 5/15/2043  | 5000 | 5312 |
| Various Purpose GO Bonds, Series 2025, 5.00% 3/1/2042  | 2000 | 2145 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 9/1/2028  | 1000 | 1074 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 8/1/2032  | 5650 | 6395 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 3/1/2035  | 1000 | 1145 |
| West Contra Costa Unified School Dist., GO Rev. Ref. Bonds, CAB, Series 2010-D-2, Assured Guaranty insured, 0% <br> 8/1/2036  | 1995 | 1306 |
| Whittier Union High School Dist., GO Rev. Ref. Bonds, CAB, Series 2016, 0% 8/1/2032  | 750 | 593 |
|  |  | 264398 |
| **Colorado 3.40%** | **Colorado 3.40%** | **Colorado 3.40%** |
| County of Adams, Buffalo Highlands Metropolitan Dist., Limited Tax G.O Rev. Ref. and Improvement Bonds, Series <br> 2018-A, 5.25% 12/1/2038  | 628 | 618 |
| County of Adams, Lakeridge Metropolitan Dist. No. 2, Rev. Ref. G.O and Improvement Bonds, Series 2019, 5.25% <br> 12/1/2048  | 1395 | 1302 |
| 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  | 665 | 609 |
| Bridge and Tunnel Enterprise, Infrastructure Rev. Bonds, Series 2024-A, Assured Guaranty insured, 5.00% 12/1/2041  | 750 | 786 |
| City of Brighton, Brighton Crossing Metropolitan Dist. No. 6, Limited Tax GO Bonds, Series 2020-A, 5.00% 12/1/2035  | 530 | 530 |
| City and County of Broomfield, Baseline Metropolitan Dist. No. 1, Special Rev. Ref. and Improvement Bonds, Series <br> 2024-A, 5.00% 12/1/2032  | 835 | 909 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2030  | 1000 | 1000 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2046  | 1457 | 1293 |
| Certs. of Part., Series 2018-A, 5.00% 12/15/2026  | 1870 | 1928 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2024-A, 5.00% 12/1/2034  | 3000 | 3278 |
| Commerce City, Reunion Metropolitan Dist., Special Rev. Bonds, Series 2021-A, 3.625% 12/1/2044  | 703 | 493 |
| City and County of Denver, Airport System Rev. Bonds, Series 2022-A, AMT, 5.00% 11/15/2028  | 1250 | 1319 |
| City and County of Denver, Airport System Rev. Bonds, Series 2022-A, AMT, 5.00% 11/15/2033  | 12390 | 13326 |
| 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 | 771 |
| City and County of Denver, Certs. of Part. (Wellington E. Webb Municipal Office Building), Series 2023, 5.00% <br> 12/1/2025  | 1375 | 1386 |
| City and County of Denver, Dept. of Aviation, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2030  | 1105 | 1187 |
| City and County of Denver, Dept. of Aviation, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2032  | 5000 | 5171 |
| City and County of Denver, Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series <br> 2015-A, 5.00% 12/1/2045  | 6000 | 5987 |

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

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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)** |
| County of Douglas, Crystal Crossing Metropolitan Dist., Limited Tax Rev. Ref. GO Bonds, Series 2016, 5.25% 12/1/2040  | USD<br> 1,545<br>| $1546 |
| E-470 Public Highway Auth., Rev. Bonds, Series 2024-A, 5.00% 9/1/2040  | 1395 | 1477 |
| E-470 Public Highway Auth., Rev. Bonds, CAB, Series 2004-A, National insured, 0% 9/1/2027  | 500 | 468 |
| 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 | 1668 |
| 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 | 1502 |
| 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 | 372 |
| Town of Erie, Westerly Metropolitan Dist. No. 4, Limited Tax GO Bonds, Series 2021-A-1, 5.00% 12/1/2040  | 1875 | 1780 |
| Health Facs. Auth., Hospital Rev. Bonds (AdventHealth Obligated Group), Series 2025-A, 5.00% 11/15/2060 (put <br> 11/15/2030)  | 4240 | 4601 |
| Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-A, 5.00% <br> 11/15/2041  | 6000 | 6001 |
| Health Facs. Auth., Hospital Rev. Ref. Bonds (Parkview Medical Center, Inc. Project), Series 2015-B, 5.00% 9/1/2029 <br> (preref. 9/1/2025)  | 1000 | 1003 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-1, 4.00% 8/1/2039  | 1095 | 1024 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2034  | 825 | 896 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2035  | 750 | 807 |
| Health Facs. Auth., Rev. Bonds (Sanford), Series 2019-A, 4.00% 11/1/2039  | 2445 | 2290 |
| Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2018-A, 5.00% 12/1/2043  | 2000 | 1969 |
| Health Facs. Auth., Rev. Ref. Bonds (Sisters of Charity of Leavenworth Health System), Series 2019-A, 4.00% 1/1/2037  | 5000 | 4911 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2019-C, Class I, 4.25% 5/1/2049  | 1860 | 1874 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-H, Class I, 3.00% 11/1/2051  | 3650 | 3580 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-L, Class I, 3.25% 11/1/2051  | 4275 | 4225 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2023-I, Class III, 6.00% 5/1/2053  | 7990 | 8674 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-B, Class I, 5.75% 11/1/2054  | 5960 | 6527 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-J, Class III, 6.25% 5/1/2055  | 5040 | 5607 |
| 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 | 491 |
| 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 | 466 |
| 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 | 3306 |
| Nine Mile Metropolitan Dist., Special Rev. Bonds, Series 2020, 5.125% 12/1/2040  | 1000 | 979 |
| 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 | 616 |
| Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2020-A, 4.00% <br> 7/15/2033  | 500 | 505 |
| Talon Pointe Metropolitan Dist., GO Rev. Ref. and Improvement Bonds, Series 2019-A, 5.25% 12/1/2039  | 950 | 755 |
| City of Thornton, Creekside Village Metropolitan Dist., Limited Tax GO Bonds, Series 2019-A, 5.00% 12/1/2039  | 500 | 467 |
| Regents of the University of Colorado, University Enterprise Rev. Ref. Bonds, Series 2017-A-2, 4.00% 6/1/2039  | 1200 | 1172 |
| 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 | 307 |
| Town of Windsor, Great Western Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. Bonds, Series 2020, 4.75% <br> 12/1/2050  | 500 | 421 |
|  |  | 114180 |
| **Connecticut 0.53%** | **Connecticut 0.53%** | **Connecticut 0.53%** |
| 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 | 401 |
| Health and Educational Facs. Auth., Rev. Bonds (Connecticut Children's Medical Center Issue), Series 2023-E, 5.00% <br> 7/15/2038  | 555 | 582 |
| Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2015-L, 5.00% 7/1/2030  | 1140 | 1140 |
| Health and Educational Facs. Auth., Rev. Bonds (Yale University Issue), Series 2025-B-2, 5.00% 7/1/2064 (put 7/1/2032)  | 2000 | 2239 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2024-B, AMT, 4.125% <br> 11/15/2040  | 770 | 736 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2018-E-1, 4.25% 5/15/2042  | 210 | 212 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2022-A-1, 3.50% 11/15/2051  | 1725 | 1716 |
| 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 | 1006 |

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| | |
|:---|:---|
| **59** | 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)** |
| Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2015-A, 6.75% <br>2/1/2045 <sup>(a)</sup>  | USD<br> 304<br>| $307 |
| Special Tax Obligation Bonds (Transportation Infrastructure Purposes), Series 2023-A, 5.00% 7/1/2031  | 1180 | 1318 |
| 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>  | 500 | 501 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-C, 4.75% 10/1/2032  | 3035 | 3078 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-B, 5.375% 10/1/2033  | 2465 | 2473 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 5.50% 10/1/2035  | 1000 | 1022 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.00% 10/1/2040  | 1000 | 1017 |
|  |  | 17748 |
| **Delaware 0.10%** | **Delaware 0.10%** | **Delaware 0.10%** |
| Econ. Dev. Auth., Charter School Rev. Bonds (First State Montessori Academy, Inc. Project), Series 2019-A, 4.00% <br> 8/1/2029  | 340 | 338 |
| Econ. Dev. Auth., Gas Facs. Rev. Ref. Bonds (Delmarva Power & Light Co. Project), Series 2020-A, 3.60% 1/1/2030  | 2145 | 2186 |
| GO Bonds, Series 2021, 2.00% 2/1/2036  | 1000 | 783 |
|  |  | 3307 |
| **District of Columbia 1.38%** | **District of Columbia 1.38%** | **District of Columbia 1.38%** |
| GO Rev. Ref. Bonds, Series 2024-B, 5.00% 8/1/2034  | 3005 | 3412 |
| Hospital Rev. Ref. Bonds (Children's Hospital Obligated Group Issue), Series 2015, 5.00% 7/15/2025  | 1020 | 1021 |
| Hospital Rev. Ref. Bonds (Children's Hospital Obligated Group Issue), Series 2015, 5.00% 7/15/2044  | 1000 | 999 |
| 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 | 482 |
| Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (The Edmonson), Series 2024, 5.00% 12/1/2028 <br> (put 12/1/2027)  | 1000 | 1046 |
| Income Tax Secured Rev. Bonds, Series 2020-C, 5.00% 5/1/2037  | 1340 | 1413 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2041  | 4125 | 4397 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2042  | 1640 | 1730 |
| Metropolitan Area Transit Auth., Dedicated Rev. Bonds, Series 2020-A, 4.00% 7/15/2040  | 750 | 715 |
| Metropolitan Area Transit Auth., Dedicated Rev. Bonds, Series 2020-A, 5.00% 7/15/2045  | 500 | 506 |
| Metropolitan Area Transit Auth., Dedicated Rev. Green Bonds, Series 2021-A, 4.00% 7/15/2034  | 1165 | 1193 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% <br> 10/1/2025  | 1080 | 1085 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2019-A, AMT, 5.00% <br> 10/1/2028  | 5000 | 5267 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.25% <br> 10/1/2041  | 1000 | 1055 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-B, AMT, 5.00% 10/1/2027  | 1910 | 1984 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2030  | 1155 | 1240 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-A, AMT, 5.00% 10/1/2031  | 4270 | 4542 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2022-A, AMT, 5.00% 10/1/2031  | 700 | 757 |
| 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 | 6831 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 10/1/2035  | 1000 | 1008 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2023-A, AMT, 5.25% 10/1/2043  | 1000 | 1023 |
| Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 6/1/2041  | 1000 | 978 |
| Water and Sewer Auth., Public Utility Sub Lien Rev. Ref. Bonds, Series 2014-C, 4.00% 10/1/2041  | 3045 | 2817 |
|  |  | 46528 |
| **Florida 3.82%** | **Florida 3.82%** | **Florida 3.82%** |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2030  | 435 | 447 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2031  | 460 | 472 |
| County of Broward, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Pinnacle 441 Phase 2), Series 2023, 4.05% <br> 9/1/2056 (put 3/1/2026)  | 480 | 482 |
| 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 | 865 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Renaissance Charter School), Series 2017-A, 4.375% 6/15/2027 <sup>(a)</sup>  | 280 | 277 |
| Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2017-A, 4.00% <br> 10/15/2029 <sup>(a)</sup>  | 400 | 397 |

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

---

------

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., Senior Rev. Bonds (Educational Growth Fund, LLC Charter School Portfolio Projects), Series <br> 2021-A-1, 3.375% 7/1/2031 <sup>(a)</sup>  | USD<br> 455<br>| $434 |
| Capital Trust Auth., Charter School Rev. Bonds (Mason Classical Academy Project), Series 2024-A, 5.00% 6/1/2039 <sup>(a)</sup>  | 2010 | 1954 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, 5.00% <br> 12/15/2044  | 950 | 883 |
| Central Florida Expressway Auth., Rev. Bonds, Series 2019-B, 5.00% 7/1/2030  | 1425 | 1538 |
| 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 | 209 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Classical Academy), Series 2024-A, 5.00% 6/1/2034 <sup>(a)</sup>  | 595 | 600 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2020-A, 5.00% 6/15/2035  | 1000 | 1013 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2036  | 1325 | 1339 |
| 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 | 1059 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2020-C, 5.00% 9/15/2040 <sup>(a)</sup>  | 375 | 343 |
| 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>  | 7190 | 7167 |
| 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 | 1010 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2021, AMT, 3.00% 6/1/2032  | 5000 | 4534 |
| 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>  | 1000 | 1012 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 2019-A, AMT, 5.00% 10/1/2028  | 5000 | 5268 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 202-A, AMT, 5.00% 10/1/2029  | 1350 | 1439 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 3.875% 5/1/2039  | 1000 | 908 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2032  | 680 | 728 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2034  | 715 | 764 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2044  | 150 | 149 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 10/1/2029  | 2870 | 3060 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 10/1/2031  | 8420 | 9106 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 10/1/2038  | 1525 | 1588 |
| Hobe-St. Lucie Conservancy Dist., Improvement Bonds (Unit of Dev. No. 1A), Series 2024, 4.75% 5/1/2031  | 590 | 604 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-1, 4.00% 7/1/2049  | 190 | 190 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-2, 4.25% 1/1/2050  | 1980 | 1990 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-3, 5.75% 1/1/2054  | 1015 | 1095 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-5, 6.25% 1/1/2054  | 1860 | 2045 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-1, 5.25% 7/1/2054  | 1410 | 1472 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-3, 6.25% 1/1/2055  | 1180 | 1287 |
| 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  | 975 | 1077 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2025-1, 6.25% 1/1/2056  | 2505 | 2763 |
| JEA, Electric System Rev. Bonds, Series 2017-B-3, 5.00% 10/1/2028  | 3070 | 3212 |
| JEA, Electric System Rev. Bonds, Series 2024-A-3, Assured Guaranty insured, 5.00% 10/1/2033  | 2635 | 2984 |
| JEA, Electric System Rev. Bonds, Series 2024-A-3, Assured Guaranty insured, 5.00% 10/1/2034  | 1240 | 1409 |
| JEA, Water and Sewer System Rev. Bonds, Series 2025-A, 5.00% 10/1/2041  | 1500 | 1595 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Indigo Expansion Area Project), Series 2019, <br> 3.75% 5/1/2039 <sup>(a)</sup>  | 905 | 811 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Northeast Sector Project - Phase 2B), Series 2020, <br> 3.75% 5/1/2040 <sup>(a)</sup>  | 485 | 424 |
| County of Lee, Airport Rev. Bonds, Series 2024, AMT, 5.25% 10/1/2041  | 1635 | 1695 |
| 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 | 2398 |
| LT Ranch Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 4.00% 5/1/2040  | 1410 | 1277 |
| LT Ranch Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 4.00% 5/1/2050  | 2000 | 1597 |
| 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 | 946 |
| 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 | 2364 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2032  | 10000 | 10824 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2017-B, AMT, 5.00% 10/1/2040  | 8990 | 8998 |
| County of Miami-Dade, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Cutler Vista), Series 2023, 5.00% <br> 3/1/2027 (put 9/1/2025)  | 555 | 556 |
| County of Miami-Dade, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Emerald Dunes), Series 2023-B, 4.05% <br> 9/1/2026 (put 9/1/2025)  | 500 | 500 |

---

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| | |
|:---|:---|
| **61** | 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>|
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 3.25% <br> 5/1/2026  | USD<br> 500<br>| $497 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 4.125% <br> 5/1/2041  | 360 | 319 |
| 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 | 138 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2034  | 1690 | 1839 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2037  | 2945 | 3094 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2038  | 1095 | 1140 |
| County of Orange, Health Facs. Auth., Health Care Facs. Rev. Bonds (Presbyterian Retirement Communities Project), <br> Series 2015, 5.00% 8/1/2028  | 1250 | 1251 |
| County of Orange, Health Facs. Auth., Hospital Rev. Bonds (Orlando Health Obligated Group), Series 2025-A, 5.00% <br> 10/1/2041  | 2600 | 2720 |
| Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2024-B, 5.00% 10/1/2036  | 1585 | 1763 |
| 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 | 1227 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 9/1/2044  | 2980 | 2798 |
| 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 | 539 |
| Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series 2022-B, <br> 3.25% 5/1/2040  | 500 | 409 |
| Dept. of Transportation, Turnpike Rev. Ref. Bonds, Series 2017-A, 5.00% 7/1/2026  | 1130 | 1156 |
| 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 |
| City of Wildwood, Village Community Dev. Dist. No. 12, Special Assessment Rev. Bonds, Series 2018, 4.25% 5/1/2043  | 2605 | 2360 |
| 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 | 369 |
| 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 | 530 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.55% <br>5/1/2044 <sup>(a)</sup>  | 1000 | 933 |
|  |  | 128217 |
| **Georgia 2.82%** | **Georgia 2.82%** | **Georgia 2.82%** |
| 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 | 1349 |
| City of Atlanta, Airport General Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2031  | 1000 | 1051 |
| City of Atlanta, Airport General Rev. Ref. Bonds, Series 2023-G, AMT, 5.00% 7/1/2026  | 355 | 362 |
| City of Atlanta, Airport General Rev. Ref. Bonds, Series 2023-G, AMT, 5.00% 7/1/2028  | 1000 | 1050 |
| City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2019-C, 5.00% 7/1/2038  | 3000 | 3108 |
| City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2019-D, AMT, 4.00% 7/1/2040  | 500 | 471 |
| City of Atlanta, Water and Wastewater Rev. Bonds, Series 2024, 5.00% 11/1/2032  | 4165 | 4709 |
| Augusta Dev. Auth., Rev. Bonds (AU Health System, Inc. Project), Series 2018, 4.00% 7/1/2038  | 460 | 447 |
| 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)  | 515 | 512 |
| 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 | 375 |
| City of Dalton, Combined Utilities Rev. Bonds, Series 2020, 5.00% 3/1/2032  | 1000 | 1058 |
| 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 | 438 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2033  | 765 | 833 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2034  | 750 | 817 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2035  | 810 | 875 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/2042  | 1255 | 1280 |
| GO Bonds, Series 2022-A, 5.00% 7/1/2036  | 585 | 644 |
| 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 | 8898 |

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

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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>|
| **Georgia (continued)** | **Georgia (continued)** | **Georgia (continued)** |
| 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)  | USD<br> 312<br>| $325 |
| Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2007-A, 5.50% 9/15/2028  | 1000 | 1058 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2021-C, 4.00% 5/1/2052 (put 12/1/2028)  | 2695 | 2710 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 7/1/2052 (put 9/1/2027)  | 2750 | 2776 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2022-C, 4.00% 8/1/2052 (put 11/1/2027) <sup>(a)</sup>  | 7500 | 7479 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-B, 5.00% 7/1/2053 (put 3/1/2030)  | 3615 | 3810 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-C, 5.00% 9/1/2053 (put 12/1/2029)  | 4045 | 4280 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-A, 5.00% 5/1/2054 (put 9/1/2031)  | 2500 | 2643 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-B, 5.00% 12/1/2054 (put 3/1/2032)  | 7840 | 8290 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-C, 5.00% 12/1/2054 (put 12/1/2031)  | 2915 | 3064 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2025-A, 5.00% 6/1/2055 (put 6/1/2032)  | 4850 | 5161 |
| Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Green Bonds, Series 2025-A, 5.00% 7/1/2045  | 1110 | 1166 |
| Municipal Electric Auth., General Resolution Projects Bonds, Series 2024-A, 5.00% 1/1/2033  | 1250 | 1388 |
| Municipal Electric Auth., Project One Bonds, Series 2020-A, 5.00% 1/1/2027  | 620 | 640 |
| Municipal Electric Auth., Project One Bonds, Series 2024-A, 5.00% 1/1/2033  | 3750 | 4163 |
| Municipal Electric Auth., Project One Bonds, Series 2020-A, 5.00% 1/1/2034  | 2330 | 2511 |
| Private Colleges and Universities Auth., Rev. Bonds (Emory University), Series 2022-A, 5.00% 9/1/2032  | 1000 | 1116 |
| Private Colleges and Universities Auth., Rev. Bonds (Emory University), Series 2025-A, 5.25% 9/1/2042  | 10000 | 10790 |
| County of Rockdale, Rev. Ref. Bonds (Pratt Paper (GA), LLC Project), Series 2018, AMT, 4.00% 1/1/2038 <sup>(a)</sup>  | 3500 | 3288 |
|  |  | 94935 |
| **Guam 0.15%** | **Guam 0.15%** | **Guam 0.15%** |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2029  | 2250 | 2347 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 4.00% 1/1/2036  | 1200 | 1155 |
| GO Bonds, Series 2019, AMT, 5.00% 11/15/2031  | 345 | 352 |
| Limited Obligation Bonds (Section 30), Series 2016-A, 5.00% 12/1/2046  | 1355 | 1336 |
|  |  | 5190 |
| **Hawaii 0.43%** | **Hawaii 0.43%** | **Hawaii 0.43%** |
| Airports System Rev. Bonds, Series 2018-A, AMT, 5.00% 7/1/2029  | 500 | 522 |
| Airports System Rev. Bonds, Series 2020-A, AMT, 4.00% 7/1/2035  | 500 | 499 |
| Airports System Rev. Bonds, Series 2018-A, AMT, 5.00% 7/1/2035  | 1965 | 2007 |
| Airports System Rev. Bonds, Series 2025-C, AMT, 5.00% 7/1/2041  | 1500 | 1533 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2017-B, AMT, 4.00% <br> 3/1/2037  | 1500 | 1413 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2019, 3.20% 7/1/2039  | 1700 | 1429 |
| GO Bonds, Series 2016-FG, 4.00% 10/1/2033  | 2000 | 2007 |
| Harbor System Rev. Bonds, Series 2020-A, AMT, 5.00% 7/1/2028  | 1000 | 1052 |
| City and County of Honolulu, GO Bonds (Honolulu Rail Transit Project), Series 2023-C, 3.00% 7/1/2034  | 1030 | 997 |
| City and County of Honolulu, Wastewater System Rev. Bonds (First Bond Resolution), Series 2015-B, 5.00% 7/1/2026  | 475 | 475 |
| City and County of Honolulu, Wastewater System Rev. Bonds (First Bond Resolution), Series 2025-A, 5.00% 7/1/2036  | 2190 | 2471 |
|  |  | 14405 |
| **Idaho 0.10%** | **Idaho 0.10%** | **Idaho 0.10%** |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2023-C, 5.75% 1/1/2053  | 2555 | 2759 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2024-A, 6.00% 7/1/2054  | 625 | 684 |
|  |  | 3443 |
| **Illinois 6.94%** | **Illinois 6.94%** | **Illinois 6.94%** |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2021-A, 3.00% 6/15/2032  | 500 | 464 |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2024-B, 5.00% 6/15/2035  | 5130 | 5583 |
| City of Chicago, Board of Education, Capital Improvement Tax Bonds (Dedicated Rev.), Series 2023, 5.25% 4/1/2036  | 250 | 268 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2033  | 1350 | 1384 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2037  | 1000 | 1005 |
| 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 2018-D, 5.00% 12/1/2046  | 4000 | 3635 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-D, 5.00% <br> 12/1/2026  | 1250 | 1267 |

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| | |
|:---|:---|
| **63** | 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>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured <br> Guaranty insured, 5.00% 12/1/2028  | USD<br> 2,050<br>| $2146 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, 5.00% <br> 12/1/2030  | 500 | 507 |
| 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 | 7381 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2037  | 1000 | 926 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2038  | 5000 | 4539 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-A, 4.00% <br> 12/1/2047  | 500 | 395 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), CAB, Series 1998-B-1, <br> National insured, 0% 12/1/2027  | 1040 | 950 |
| City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2023-C, AMT, 5.00% 1/1/2028  | 1130 | 1173 |
| City of Chicago, G.O Bonds (City Colleges of Chicago Capital Improvement Project), CAB, Series 1999, National <br> insured, 0.0% 1/1/2026 (escrowed to maturity)  | 5345 | 5258 |
| City of Chicago, GO Bonds, Series 2021-A, 4.00% 1/1/2035  | 500 | 479 |
| City of Chicago, GO Bonds, Series 2025-C, 6.00% 1/1/2043  | 450 | 475 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2026  | 1500 | 1510 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2027  | 800 | 817 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Ref. Bonds, Series 2024-C, AMT, 5.00% 1/1/2028  | 7000 | 7280 |
| 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, National insured, 0% 12/1/2025  | 750 | 738 |
| 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, National insured, 0% 12/1/2031  | 240 | 184 |
| 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 | 787 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, 5.00% 1/1/2029  | 1280 | 1368 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-B, BAM insured, 5.00% 1/1/2035  | 1480 | 1643 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, 5.00% 1/1/2036  | 1000 | 1075 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, 5.00% 1/1/2037  | 3025 | 3225 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-B, BAM insured, 5.00% 1/1/2037  | 1850 | 2014 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-A, BAM insured, 5.00% 1/1/2041  | 400 | 418 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-A, BAM insured, 5.00% 1/1/2043  | 800 | 823 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, CAB, Series 1998-A, National insured, 0% 1/1/2026  | 1000 | 983 |
| City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 11/1/2028  | 1000 | 1022 |
| City of Chicago, Water Rev. Bonds, Series 2024-A, 5.00% 11/1/2032  | 2010 | 2217 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017, 5.00% 11/1/2028  | 2000 | 2083 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017-2, Assured Guaranty insured, 5.00% 11/1/2031  | 1000 | 1036 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, 5.00% 11/1/2032  | 1000 | 1101 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, 5.00% 11/1/2039  | 4900 | 5115 |
| Dev. Fin. Auth. Retirement Housing Rev. Bonds (Regency Park at Lincolnwood), Series 1991-B, 0% 7/15/2025 <br> (escrowed to maturity)  | 2500 | 2497 |
| Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2008-A, 4.00% 11/1/2030  | 335 | 340 |
| Fin. Auth., Rev. Bonds (CenterPointJoliet Terminal 2020), Series 2024, AMT, 4.125% 12/1/2050 (put 12/31/2034) <sup>(a)</sup>  | 5000 | 4846 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2040  | 8000 | 8007 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2046  | 5875 | 5876 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2036  | 2430 | 2367 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2037  | 2000 | 1922 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2040  | 3290 | 3016 |
| Fin. Auth., Rev. Bonds (OSF Healthcare System), Series 2020-B-2, 5.00% 5/15/2050 (put 11/15/2026)  | 2000 | 2026 |
| Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 11/15/2026  | 1000 | 1001 |
| Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 11/15/2038  | 2000 | 2000 |
| Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 4.00% 11/15/2039  | 500 | 461 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 5.00% 8/15/2025  | 1535 | 1538 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 5.00% 8/15/2033  | 2000 | 2166 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 4.00% 8/15/2038  | 1000 | 937 |
| Fin. Auth., Rev. Bonds (University of Chicago), Series 2024-A, 5.25% 4/1/2042  | 750 | 787 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2020, 4.00% 7/1/2038  | 2500 | 2437 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-A, 5.00% 7/1/2043  | 450 | 471 |

---

---

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

---

------

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. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2035  | USD<br> 1,500<br>| $1501 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2018-A, 5.00% 5/15/2043  | 2500 | 2468 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2045  | 7000 | 6881 |
| Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 5.00% 8/15/2044  | 7350 | 7367 |
| 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 | 1577 |
| 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 | 535 |
| Fin. Auth., Student Housing Rev. Bonds (CHF-Cook, LLC - Northeastern Illinois University Project), Series 2015-A, 5.00% <br> 7/1/2047  | 665 | 556 |
| GO Bonds, Series 2020-B, 5.00% 10/1/2025  | 9605 | 9648 |
| GO Bonds, Series 2020-D, 5.00% 10/1/2025  | 5520 | 5545 |
| GO Bonds, Series 2021-A, 5.00% 3/1/2028  | 2505 | 2618 |
| GO Bonds, Series 2021-A, 5.00% 3/1/2029  | 1500 | 1587 |
| GO Bonds, Series 2021-A, 5.00% 3/1/2032  | 2035 | 2183 |
| GO Bonds, Series 2024-C, 4.00% 10/1/2041  | 2000 | 1772 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2042  | 1045 | 1081 |
| GO Rev. Ref. Bonds, Series 2023-D, 5.00% 7/1/2028  | 1075 | 1128 |
| GO Rev. Ref. Bonds, Series 2024, 5.00% 2/1/2031  | 3135 | 3377 |
| Housing Dev. Auth., Homeowner Mortgage Rev. Bonds, Series 2018-A-1, 4.00% 8/1/2048  | 1460 | 1466 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (6900 Crandon), Series 2023, 5.00% 2/1/2027 (put 2/1/2026)  | 700 | 707 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (South Shore HHDC), Series 2023, 5.00% 2/1/2027 (put <br> 2/1/2026)  | 650 | 656 |
| Housing Dev. Auth., Rev. Bonds, Series 2021-D, 3.00% 10/1/2051  | 5400 | 5305 |
| Housing Dev. Auth., Rev. Bonds, Series 2022-A, 3.50% 4/1/2052  | 690 | 686 |
| Housing Dev. Auth., Rev. Bonds, Series 2023-N, 6.25% 4/1/2054  | 935 | 1015 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-I, 6.00% 10/1/2055  | 3305 | 3648 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-E, 6.25% 10/1/2055  | 3105 | 3398 |
| Housing Dev. Auth., Rev. Social Bonds, Series 2024-C, 6.25% 10/1/2054  | 1380 | 1531 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 1994, National <br> insured, 0% 6/15/2028  | 1055 | 953 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, Assured <br> Guaranty insured, 0% 6/15/2030  | 1055 | 886 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, National <br> insured, 0% 6/15/2032  | 925 | 708 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, Series 2020-B, 5.00% <br> 6/15/2042  | 4125 | 4168 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, CAB, Series 2002-A, National <br> insured, 0% 12/15/2029  | 2000 | 1706 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, CAB, National insured, Series <br> 2002-A, 0% 12/15/2030  | 1000 | 819 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2035  | 1980 | 2132 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2036  | 540 | 576 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2037  | 1090 | 1151 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 5.00% <br> 12/15/2038  | 800 | 837 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> Assured Guaranty insured, 0% 6/15/2027  | 1040 | 974 |
| Sales Tax Securitization Corp., Sales Tax Securitization Bonds, Series 2020-A, 5.00% 1/1/2029  | 1375 | 1462 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-C, 5.00% 1/1/2029  | 3220 | 3448 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2037  | 7120 | 7724 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2019, BAM insured, 5.00% 6/15/2029  | 665 | 704 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 1/1/2032  | 2580 | 2620 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2023-A, 5.00% 1/1/2042  | 3270 | 3415 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2023-A, 5.25% 1/1/2045  | 500 | 524 |
| Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2016-A, 5.00% 12/1/2032  | 11280 | 11362 |
|  |  | 233087 |

---

---

| | |
|:---|:---|
| **65** | 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>|
| **Indiana 2.04%** | **Indiana 2.04%** | **Indiana 2.04%** |
| Fin. Auth., Environmental Improvement Rev. Ref. Bonds (U.S. Steel Corp. Project), Series 2021-A, 4.125% 12/1/2026  | USD<br> 2,450<br>| $2458 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-E, 5.00% 10/1/2034  | 3295 | 3708 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-C, 5.00% 10/1/2043  | 5000 | 5149 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-D-1, 5.00% 10/1/2064 (put 10/1/2029)  | 2400 | 2561 |
| Fin. Auth., Hospital Rev. Ref. Bonds (Methodist Hospitals, Inc.), Series 2024-A, 5.50% 9/15/2039  | 1025 | 1072 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-B, 3.00% 11/1/2030  | 665 | 647 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 4.25% 11/1/2030  | 1015 | 1035 |
| Fin. Auth., Pollution Control Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2010-A, 3.00% 11/1/2030  | 1000 | 971 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2028  | 1100 | 1137 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2025-C, 5.00% 2/1/2040  | 1000 | 1081 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2025-C, 5.00% 2/1/2041  | 905 | 969 |
| Fin. Auth., Student Housing Rev. Bonds (PRG - UINDY Properties LLC), Series 2025, 5.25% 7/1/2045  | 755 | 703 |
| City of Franklin, Econ. Dev. Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2019-B, 5.00% 7/1/2027  | 400 | 412 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2020-A, 3.75% 1/1/2049  | 660 | 661 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-A-1, 5.75% 7/1/2053  | 380 | 402 |
| Municipal Power Agcy., Power Supply System Rev. Ref. Bonds, Series 2016-A, 5.00% 1/1/2042  | 14535 | 14627 |
| Trustees of Purdue University, Student Facs. System Rev. Bonds, Series 2025-A, 5.00% 7/1/2037  | 3825 | 4255 |
| City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 4.50% 1/1/2034 <sup>(a)</sup>  | 955 | 966 |
| 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 | 4583 |
| 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 | 2795 |
| 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)  | 250 | 254 |
| 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)  | 18000 | 18163 |
|  |  | 68609 |
| **Iowa 0.38%** | **Iowa 0.38%** | **Iowa 0.38%** |
| Fin. Auth., Midwestern Disaster Area Rev. Bonds (Alcoa Inc. Project), Series 2012, 4.75% 8/1/2042  | 2285 | 2202 |
| 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 | 2728 |
| 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 | 1259 |
| Fin. Auth., Multi Family Housing Rev. Bonds (AHEPA 192-IV Apartments Projects), Series 2023, 5.00% 11/1/2026 (put <br> 11/1/2025)  | 650 | 653 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2024-A, 5.00% 5/15/2044  | 3100 | 2982 |
| PEFA, Inc., Gas Project Rev. Bonds, Series 2019, 5.00% 9/1/2049 (put 9/1/2026)  | 1500 | 1518 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2023-B, AMT, 5.00% 12/1/2029  | 350 | 367 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2029  | 250 | 262 |
| Tobacco Settlement Auth., Tobacco Settlement Asset-Backed Bonds, Series 2021-A-2, 4.00% 6/1/2038  | 1000 | 957 |
|  |  | 12928 |
| **Kansas 0.02%** | **Kansas 0.02%** | **Kansas 0.02%** |
| 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 1.17%** | **Kentucky 1.17%** | **Kentucky 1.17%** |
| 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 | 496 |
| County of Carroll, Environmental Facs. Rev. Ref. Bonds, Series 2006-B, AMT, 2.125% 10/1/2034  | 2150 | 1715 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 3.70% 1/1/2032 <sup>(a)</sup>  | 3330 | 3271 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 4.45% 1/1/2042 <sup>(a)</sup>  | 1525 | 1413 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2019-A-1, AMT, 5.00% 6/1/2029  | 500 | 520 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 4.75% 6/1/2040  | 2720 | 2737 |
| 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 | 1812 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.25% 7/1/2054  | 590 | 651 |
| 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 |

---

---

| | |
|:---|:---|
| 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>|
| **Kentucky (continued)** | **Kentucky (continued)** | **Kentucky (continued)** |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2025-A, 6.25% 7/1/2055  | USD<br> 3,040<br>| $3349 |
| Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, <br> 5.00% 10/1/2033  | 3000 | 3037 |
| 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 | 2495 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2019-C-1, 4.00% 2/1/2050 (put 2/1/2028)  | 500 | 503 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2022-A-1, 4.00% 8/1/2052 (put 8/1/2030)  | 500 | 498 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2023-A-1, 5.25% 4/1/2054 (put 2/1/2032)  | 5050 | 5398 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2055 (put 8/1/2032)  | 2005 | 2120 |
| 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 | 1009 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2024-A, 5.00% 7/1/2030  | 4000 | 4398 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2022-A, 5.00% 7/1/2031  | 2020 | 2245 |
|  |  | 39297 |
| **Louisiana 0.63%** | **Louisiana 0.63%** | **Louisiana 0.63%** |
| Aviation Board, General Airport Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 1/1/2034  | 1135 | 1217 |
| Housing Corp., Multi Family Housing Rev. Bonds (Arbours at Acadiana Project), Series 2024, 5.00% 4/1/2028 (put <br> 4/1/2027)  | 800 | 826 |
| Housing Corp., Multi Family Housing Rev. Bonds (Deerwood Apartments Project), Series 2024, 4.00% 1/1/2043 (put <br> 7/1/2027)  | 1000 | 1009 |
| Housing Corp., Single Family Mortgage Rev. Bonds (Home Ownership Program), Series 2023-A, 5.75% 6/1/2054  | 375 | 403 |
| 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 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Christwood Project), Series 2024, <br> 5.00% 11/15/2037 <sup>(a)</sup>  | 590 | 587 |
| 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 | 412 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Projects), <br> Series 2021-B, 2.50% 4/1/2036  | 1300 | 1053 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2031  | 1325 | 1458 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2035  | 1400 | 1541 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2036  | 1250 | 1365 |
| Public Facs. Auth., Hospital Rev. Ref. Bonds (Lafayette General Health System Project), Series 2016-A, 5.00% 11/1/2041 <br> (preref. 11/1/2025)  | 1000 | 1007 |
| Public Facs. Auth., Rev. and Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2017, 5.00% 5/15/2042  | 2500 | 2487 |
| Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 5.50% 6/15/2040 <sup>(a)</sup>  | 3500 | 3520 |
| Public Facs. Auth., Rev. Ref. Bonds (Lake Charles Academy Foundation Project), Series 2024-A, 5.00% 12/15/2044 <sup>(a)</sup>  | 1635 | 1647 |
| Public Facs. Auth., Solid Waste Disposal Fac. Rev. Bonds (Elementus Materials, LLC Project), Series 2023, AMT, 5.00% <br> 1/1/2043 (put 11/1/2025) <sup>(a)</sup>  | 1135 | 1138 |
| 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 | 528 |
|  |  | 21235 |
| **Maine 0.10%** | **Maine 0.10%** | **Maine 0.10%** |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2015-R-2, AMT, 4.375% <br> 8/1/2035 (put 8/1/2025) <sup>(a)</sup>  | 1500 | 1499 |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2015, AMT, 5.125% 8/1/2035 <br> (put 8/1/2025) <sup>(a)</sup>  | 500 | 500 |
| 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>  | 595 | 580 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2020, 3.00% 7/1/2040  | 1000 | 815 |
|  |  | 3394 |
| **Maryland 1.54%** | **Maryland 1.54%** | **Maryland 1.54%** |
| County of Baltimore, Rev. Bonds (Riderwood Village, Inc. Fac.), Series 2020, 4.00% 1/1/2029  | 500 | 507 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2021-C, 3.00% <br> 9/1/2051  | 7378 | 7265 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2023-A, 5.50% <br> 9/1/2053  | 995 | 1064 |

---

---

| | |
|:---|:---|
| **67** | 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>|
| **Maryland (continued)** | **Maryland (continued)** | **Maryland (continued)** |
| 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>  | USD<br> 770<br>| $780 |
| GO Bonds, State and Local Facs. Loan of 2018, Series 2018-A-1, 5.00% 3/15/2030  | 550 | 581 |
| GO Improvement Bonds, Series 2025, 5.00% 10/1/2030  | 6115 | 6803 |
| 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 | 244 |
| 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 | 2012 |
| GO Bonds, State and Local Facs. Loan of 2019, Series 2019-A, 5.00% 8/1/2031  | 1775 | 1915 |
| County of Montgomery, Rev. Ref. Bonds (Dept. of Liquor Control), Series 2019-A, 4.00% 6/15/2037  | 750 | 761 |
| Dept. of Transportation, Consolidated Transportation Bonds, Series 2021-A, 2.00% 10/1/2034  | 735 | 610 |
| Transportation Auth., Transportation Facs. Projects Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2038  | 1465 | 1600 |
| University System of Maryland, Auxiliary Fac. and Tuition Rev. Ref. Bonds, Series 2021-A, 4.00% 4/1/2040  | 5000 | 4922 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 5.00% 6/1/2041  | 9000 | 9730 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 5.00% 6/1/2042  | 8890 | 9527 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Green Bonds, Series 2025, 4.00% 6/1/2052  | 1360 | 1205 |
|  |  | 51690 |
| **Massachusetts 0.57%** | **Massachusetts 0.57%** | **Massachusetts 0.57%** |
| Clean Water Trust, Revolving Fund Rev. Ref. Green Bonds, Series 2023-2B, 5.00% 2/1/2040  | 1000 | 1075 |
| Dev. Fin. Agcy., Rev. Bonds (Harvard University Issue), Series 2020-A, 5.00% 10/15/2029  | 1280 | 1393 |
| Dev. Fin. Agcy., Rev. Bonds (Harvard University Issue), Series 2024-B, 5.00% 2/15/2031  | 1050 | 1155 |
| Dev. Fin. Agcy., Rev. Bonds (Harvard University Issue), Series 2024-A-2, 5.00% 5/15/2055 (put 11/15/2035)  | 1650 | 1853 |
| Dev. Fin. Agcy., Rev. Bonds (Harvard University Issue), Series 2025-A-1, 5.00% 5/15/2055 (put 5/13/2032)  | 925 | 1027 |
| Dev. Fin. Agcy., Rev. Bonds (Mass General Brigham, Inc.), Series 2020-A-2, 4.00% 7/1/2041  | 1000 | 924 |
| Dev. Fin. Agcy., Rev. Bonds (Partners Healthcare System Issue), Series 2017-S, 4.00% 7/1/2035  | 500 | 500 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2026  | 500 | 508 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2022-M, AMT, 5.00% 7/1/2027  | 1000 | 1030 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.25% 7/1/2032  | 80 | 80 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.25% 7/1/2044  | 785 | 772 |
| GO Rev. Ref. Bonds, Series 2015-A, 5.00% 7/1/2035  | 1000 | 1000 |
| Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 223, 3.00% 6/1/2047  | 3925 | 3864 |
| Dev. Fin. Agcy., Rev. Green Bonds (Harvard University Issue), Series 2022-B, 5.00% 11/15/2032  | 3550 | 3980 |
|  |  | 19161 |
| **Michigan 1.31%** | **Michigan 1.31%** | **Michigan 1.31%** |
| Building Auth., Rev. and Rev. Ref. Bonds (Facs. Program), Series 2024-II, 5.00% 10/15/2025  | 1000 | 1007 |
| Building Auth., Rev. Bonds (Facs. Program), Series 2021-I, 4.00% 10/15/2041  | 500 | 476 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2030  | 1300 | 1346 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 5.00% 4/1/2046  | 1000 | 989 |
| Fin. Auth., Hospital Rev. and Rev. Ref. Bonds (Trinity Health Credit Group), Series 2019-A, 5.00% 12/1/2041  | 500 | 509 |
| Fin. Auth., Tobacco Settlement Asset-Backed Bonds, Series 2020-A-1, 5.00% 6/1/2033  | 500 | 522 |
| Fin. Auth., Tobacco Settlement Asset-Backed Bonds, Series 2020-A-1, 4.00% 6/1/2035  | 1000 | 972 |
| Great Lakes Water Auth., Water Supply System Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2025  | 3000 | 3000 |
| Great Lakes Water Auth., Water Supply System Rev. Ref. Bonds, Series 2018-A, 5.00% 7/1/2029  | 2000 | 2160 |
| 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 | 1473 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (North Port Apartments Project), Series 2025, FHA insured, 5.00% <br> 8/1/2027 (put 8/1/2026)  | 3375 | 3443 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2018-A, 4.00% 12/1/2048  | 1485 | 1489 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2021-A, 3.00% 6/1/2052  | 5395 | 5304 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-A, 5.50% 12/1/2053  | 1140 | 1219 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-B, 5.75% 6/1/2054  | 940 | 1005 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.00% 6/1/2054  | 1805 | 1951 |
| City of Lansing, Board of Water and Light, Utility System Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2036  | 2830 | 3151 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2019-B, 5.00% 2/15/2031  | 1460 | 1564 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2025-A, 5.00% 2/15/2025  | 3000 | 3387 |
| State Building Auth., Rev and Rev. Ref. Bonds, Series 2020-I, 5.00% 10/15/2029  | 1040 | 1133 |
| Strategic Fund, Exempt Facs. Rev. Bonds (Waste Management, Inc. Project), Series 2001, AMT, 0.58% 8/1/2027  | 1000 | 1006 |

---

---

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

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Michigan (continued)** | **Michigan (continued)** | **Michigan (continued)** |
| Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, 5.00% <br> 11/15/2034  | USD<br> 1,000<br>| $1007 |
| Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (United Methodist Retirement Communities, Inc. Project), <br> Series 2019, 5.00% 11/15/2034  | 1280 | 1295 |
| Strategic Fund, Limited Obligation Rev. Bonds (I-75 Improvement Project), Series 2018, AMT, 5.00% 12/31/2028  | 550 | 570 |
| 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 | 1367 |
| County of Wayne, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, <br> AMT, 5.00% 12/1/2025  | 2800 | 2820 |
|  |  | 44165 |
| **Minnesota 0.84%** | **Minnesota 0.84%** | **Minnesota 0.84%** |
| GO State Trunk Highway Bonds, Series 2023-B, 5.00% 8/1/2036  | 2210 | 2460 |
| GO State Trunk Highway Rev. Ref. Bonds, Series 2022-D, 5.00% 8/1/2029  | 1060 | 1156 |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2023, AMT, 4.00% 11/1/2042  | 1420 | 1313 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2020-E, 1.90% 7/1/2029  | 735 | 686 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2020-I, 3.00% 1/1/2051  | 1315 | 1299 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2021-H, 3.00% 7/1/2052  | 1210 | 1191 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2025-C, 6.25% 7/1/2055  | 8335 | 9347 |
| City of St. Paul, Metropolitan Airports Commission, Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 1/1/2038  | 5000 | 5244 |
| Various Purpose GO Bonds, Series 2024-A, 5.00% 8/1/2036  | 3045 | 3425 |
| Various Purpose GO Rev. Ref. Bonds, Series 2023-D, 5.00% 8/1/2033  | 1740 | 1984 |
|  |  | 28105 |
| **Mississippi 0.60%** | **Mississippi 0.60%** | **Mississippi 0.60%** |
| Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A., Inc. Project), Series 2007-D, <br> 4.05% 12/1/2030 <sup>(b)</sup>  | 13490 | 13490 |
| Home Corp., Single Family Mortgage Rev. Bonds, Series 2021-B, 3.00% 6/1/2051  | 350 | 344 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016, 5.00% 9/1/2036  | 1255 | 1261 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016-A, 5.00% 9/1/2046  | 5135 | 4914 |
|  |  | 20009 |
| **Missouri 1.39%** | **Missouri 1.39%** | **Missouri 1.39%** |
| 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 | 460 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2021, 4.00% <br> 8/1/2029  | 385 | 382 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (BJC Health System), Series 2021-A, 4.00% 7/1/2035  | 1315 | 1330 |
| 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 | 1181 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2021, 4.00% <br> 2/1/2032  | 1100 | 1092 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, <br> 5.00% 2/1/2046  | 1465 | 1353 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds, Series 2025-D, 6.25% 5/1/2056  | 3625 | 4022 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2020-C, 3.50% 11/1/2050  | 345 | 344 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2023-B, 5.50% 5/1/2053  | 1135 | 1214 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2023-E, 6.50% 5/1/2054  | 940 | 1048 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-A, 5.75% 5/1/2055  | 9920 | 10788 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-C, 6.00% 5/1/2055  | 1260 | 1384 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-E, 6.00% 5/1/2055  | 7625 | 8377 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-C, 5.75% 5/1/2056  | 7000 | 7595 |

---

---

| | |
|:---|:---|
| **69** | 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-A, 6.00% 5/1/2056  | USD<br> 4,055<br>| $4429 |
| 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 | 908 |
| 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 | 771 |
| City of Lee's Summit, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (John Knox Village), Series 2024-B-2, 4.325% <br> 8/15/2047  | 75 | 74 |
| City of Lee's Summit, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (John Knox Village), Series 2024-B-1, 4.825% <br> 8/15/2047  | 35 | 34 |
|  |  | 46786 |
| **Montana 0.30%** | **Montana 0.30%** | **Montana 0.30%** |
| City of Forsyth, Pollution Control Rev. Ref. Bonds (Avista Corp. Colstrip Project), Series 2010-A, 3.875% 10/1/2032  | 1500 | 1497 |
| City of Forsyth, Pollution Control Rev. Ref. Bonds (Northwestern Corp. Colstrip Project), Series 2023, 3.875% 7/1/2028  | 2650 | 2690 |
| 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 | 398 |
| Board of Housing, Single Family Mortgage Bonds, Series 2020-C, 3.00% 12/1/2050  | 2490 | 2457 |
| Board of Housing, Single Family Mortgage Bonds, Series 2021-B, 3.00% 12/1/2051  | 1455 | 1431 |
| Board of Housing, Single Family Mortgage Bonds, Series 2024-B, 5.75% 6/1/2055  | 1625 | 1753 |
|  |  | 10226 |
| **Nebraska 0.50%** | **Nebraska 0.50%** | **Nebraska 0.50%** |
| Central Plains Energy Project, Gas Supply Rev. Ref. Bonds, Series 2019, 4.00% 12/1/2049 (put 8/1/2025)  | 1000 | 1001 |
| 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 | 2650 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2020-A, 2.35% 9/1/2035  | 500 | 403 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2018-C, 4.00% 9/1/2048  | 1660 | 1667 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2019, AMT, 3.75% 9/1/2049  | 745 | 743 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2020-C, 3.00% 9/1/2050  | 4520 | 4456 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2021-C, 3.00% 9/1/2050  | 4585 | 4507 |
| City of Omaha Airport Auth., Airport Facs. Rev. Bonds, Series 2024, Assured Guaranty insured, AMT, 5.00% 12/15/2035  | 1250 | 1335 |
|  |  | 16762 |
| **Nevada 1.03%** | **Nevada 1.03%** | **Nevada 1.03%** |
| Dept. of Business and Industry, Lease Rev. Bonds (Somerset Academy), Series 2018-A, 4.50% 12/15/2029 <sup>(a)</sup>  | 380 | 380 |
| County of Clark, Airport System Rev. Notes, Series 2021-B, AMT, 5.00% 7/1/2025  | 1035 | 1035 |
| County of Clark, Limited Tax GO Park Improvement Bonds, Series 2018, 5.00% 12/1/2031  | 600 | 637 |
| County of Clark, Limited Tax GO Stadium Improvement Bonds, Series 2018-A, 5.00% 6/1/2033  | 515 | 540 |
| County of Clark, Limited Tax GO Stadium Improvement Bonds, Series 2018-A, 5.00% 6/1/2043  | 1500 | 1518 |
| County of Clark, Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series 2010, 2.10% 6/1/2031  | 460 | 403 |
| Highway Rev. Improvement and Rev. Ref. Bonds (Motor Vehicle Fuel Tax), Series 2016, 5.00% 12/1/2025  | 2000 | 2018 |
| Housing Division, Multi Unit Housing Rev. Bonds (Carville Park Apartments), Series 2024, 5.00% 7/1/2028 (put <br> 7/1/2027)  | 365 | 379 |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 4.50% 12/1/2031  | 775 | 779 |
| City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series 2023, <br> 5.50% 6/1/2038  | 375 | 392 |
| City of Las Vegas, Special Improvement Dist. No. 612 (Skye Hills), Local Improvement Bonds, Series 2020, 3.75% <br> 6/1/2042  | 925 | 758 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 3.125% 6/1/2046  | 465 | 321 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series 2022-B, <br> 5.00% 7/1/2032  | 2000 | 2181 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series 2023-A, <br> 5.00% 7/1/2037  | 800 | 867 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series 2023-A, <br> 5.00% 7/1/2038  | 350 | 375 |
| Las Vegas Convention and Visitors Auth., Convention Center Expansion Rev. Bonds, Series 2018-B, 5.00% 7/1/2043  | 5000 | 5019 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 6/1/2036  | 1700 | 1719 |

---

---

| | |
|:---|:---|
| 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>|
| **Nevada (continued)** | **Nevada (continued)** | **Nevada (continued)** |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement Bonds, Series 2022-A, 4.00% 6/1/2035  | USD<br> 500<br>| $510 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement Bonds, Series 2025-A, 5.00% 6/1/2044  | 7000 | 7317 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Rev. Ref. Bonds, Series 2015-C, 5.00% 9/15/2027  | 4110 | 4126 |
| 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>  | 300 | 299 |
| 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 | 524 |
| Reno-Tahoe Airport Auth., Rev. Bonds, Series 2024-A, AMT, 5.00% 7/1/2030  | 1095 | 1167 |
| Reno-Tahoe Airport Auth., Rev. Bonds, Series 2024-A, AMT, 5.00% 7/1/2031  | 875 | 937 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 5.00% 6/1/2039  | 435 | 437 |
|  |  | 34638 |
| **New Hampshire 2.08%** | **New Hampshire 2.08%** | **New Hampshire 2.08%** |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (Granite Edvance Corp. Issue), Series 2024-B, AMT, <br> 4.00% 11/1/2044  | 225 | 205 |
| 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  | 1770 | 1804 |
| Housing Fin. Auth., Single Family Mortgage Acquisition Rev. Bonds, Series 2024-E, 6.25% 7/1/2055  | 3345 | 3725 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-B, 6.00% 1/1/2055  | 190 | 204 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-C, 6.25% 1/1/2055  | 965 | 1044 |
| National Fin. Auth., Affordable Housing Certs., Series 2024-1, Class A, 4.15% 10/20/2040 (put 10/1/2034)  | 3025 | 2925 |
| 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 | 3242 |
| National Fin. Auth., Municipal Certs., Series 2020-1, Class A, 4.125% 1/20/2034  | 1437 | 1422 |
| National Fin. Auth., Municipal Certs., Series 2022-1, Class A, 4.375% 9/20/2036  | 4995 | 4842 |
| National Fin. Auth., Municipal Certs., Series 2022-2, Class A, 4.00% 10/20/2036  | 2938 | 2769 |
| National Fin. Auth., Municipal Certs., Series 2023-2, Class A, 3.875% 1/20/2038  | 3686 | 3368 |
| National Fin. Auth., Municipal Certs., Series 2024-2, Class X, 3.625% 8/20/2039  | 1589 | 1456 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-US, 4.183% 11/20/2039 <sup>(b)</sup>  | 3780 | 3648 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-CA, 3.925% 7/20/2040 <sup>(b)</sup>  | 1750 | 1525 |
| National Fin. Auth., Municipal Certs., Series 2025-1, Class A-1, 4.168% 1/20/2041 <sup>(b)</sup>  | 3073 | 2921 |
| National Fin. Auth., Municipal Certs., Series 2024-1, Class A, 4.25% 7/20/2041  | 1074 | 1026 |
| National Fin. Auth., Municipal Certs., Series 2024-3, Class A, 4.163% 10/20/2041 <sup>(b)</sup>  | 8339 | 7742 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-US, 4.183% 5/20/2042 <sup>(b)</sup>  | 985 | 842 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-A, AMT, 4.00% 11/1/2027 <sup>(a)</sup>  | 500 | 500 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-B, 4.625% 11/1/2042 <sup>(a)</sup>  | 3000 | 2711 |
| National Fin. Auth., Rev. Bonds (Adventist Health Energy Projects), Series 2024-C, 5.25% 7/1/2049  | 2650 | 2668 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.00% 12/1/2035  | 5745 | 6216 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.25% 6/1/2044  | 4060 | 4115 |
| National Fin. Auth., Special Rev. Bonds (Grand Prairie Project), Series 2024, 5.875% 12/15/2032 <sup>(a)</sup>  | 5000 | 4918 |
| 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>  | 1210 | 1232 |
| 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>  | 570 | 578 |
| 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 | 2145 |
|  |  | 69793 |
| **New Jersey 2.07%** | **New Jersey 2.07%** | **New Jersey 2.07%** |
| Econ. Dev. Auth., Municipal Rehabilitation Rev. Ref. Bonds, Series 2019-A, 5.25% 4/1/2028 <sup>(c)</sup>  | 2715 | 2877 |
| 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 | 368 |
| Econ. Dev. Auth., School Facs. Construction Bonds, Series 2018-EEE, 5.00% 6/15/2028  | 3000 | 3178 |
| Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2005-N-1, National insured, 5.50% 9/1/2027  | 1000 | 1056 |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 9/15/2029  | 2570 | 2571 |
| Educational Facs. Auth., Rev. Bonds (Princeton University), Series 2025-A-1, 5.00% 7/1/2064 (put 7/1/2035)  | 2145 | 2402 |
| County of Gloucester, Improvement Auth., Rev. Ref. Bonds (Rowan University Project), Series 2017-A, Assured <br> Guaranty insured, 5.00% 11/1/2028  | 1750 | 1798 |
| 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 |

---

---

| | |
|:---|:---|
| **71** | 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 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>| $619 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2022, AMT, 4.00% <br> 12/1/2041  | 485 | 478 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1A, AMT, 5.00% 12/1/2031  | 2520 | 2639 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1B, AMT, 5.00% 12/1/2033  | 3745 | 3904 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2019-B, AMT, 3.25% 12/1/2039  | 185 | 174 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2020-A, AMT, 3.50% 12/1/2039  | 750 | 728 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2023-B, AMT, 4.00% 12/1/2044  | 900 | 838 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2024-B, AMT, 4.25% 12/1/2045  | 595 | 581 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2020-E, 3.50% 4/1/2051  | 305 | 304 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2020-H, 3.00% 10/1/2052  | 1995 | 1951 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2023-J, 5.50% 4/1/2053  | 1420 | 1515 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2025-M, 6.50% 4/1/2056  | 1710 | 1915 |
| Tobacco Settlement Fncg. Corp., Tobacco Settlement Bonds, Series 2018-A, 4.00% 6/1/2037  | 1310 | 1229 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-AA, 5.00% 6/15/2035  | 675 | 734 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-BB, 5.00% 6/15/2037  | 620 | 663 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2024-CC, 5.00% 6/15/2039  | 6010 | 6358 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2019-A, 5.00% 12/15/2027  | 510 | 536 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2021-A, 5.00% 6/15/2028  | 1350 | 1431 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2024-A, 5.00% 6/15/2034  | 6695 | 7423 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2024-A, 5.00% 6/15/2036  | 3415 | 3703 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2024-A, 5.00% 6/15/2037  | 5180 | 5577 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC insured, 0% 12/15/2026  | 500 | 479 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC insured, 0% 12/15/2028  | 590 | 530 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC insured, 0% 12/15/2035  | 550 | 365 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2031  | 5000 | 5529 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2034  | 4070 | 4593 |
|  |  | 69562 |
| **New Mexico 0.44%** | **New Mexico 0.44%** | **New Mexico 0.44%** |
| Aspire Public Improvement Dist., Special Levy Rev. Bonds, Series 2024, 5.05% 10/1/2044  | 550 | 496 |
| 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 | 1471 |
| 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 | 456 |
| Hospital Equipment Loan Council, Hospital System Rev. Bonds (Presbyterian Healthcare Services), Series 2017-A, <br> 4.00% 8/1/2037  | 1315 | 1258 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2020-A, Class I, 3.50% 1/1/2051  | 1390 | 1386 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2025-A, Class I, 5.75% 3/1/2056  | 3175 | 3468 |
| Municipal Energy Acquisition Auth., Gas Supply Rev. Ref. and Acquisition Bonds, Series 2025, 5.00% 6/1/2054 (put <br> 11/1/2030)  | 5785 | 6134 |
|  |  | 14669 |
| **New York 7.36%** | **New York 7.36%** | **New York 7.36%** |
| City of Albany Capital Resource Corp., Rev. Bonds (Kipp Capital Region Public Charter Schools Project), Series 2024, <br> 4.50% 6/1/2044  | 400 | 367 |
| Town of Brookhaven Local Dev. Corp., Rev. Ref. Bonds (Active Retirement Community, Inc.), Series 2016, 5.25% <br> 11/1/2030  | 830 | 847 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2026  | 1170 | 1186 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2042  | 500 | 498 |
| 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>  | 490 | 482 |
| Dormitory Auth., Rev. Bonds (White Plains Hospital Obligated Group), Series 2024, 5.00% 10/1/2033  | 1100 | 1181 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-A, 5.00% 3/15/2031  | 2500 | 2783 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-A, 5.00% 3/15/2032  | 3015 | 3383 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-A, 4.00% 3/15/2037  | 1020 | 1017 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024-A, 5.00% 3/15/2040  | 2020 | 2151 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-E, 4.00% 3/15/2042  | 1135 | 1053 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024, 5.00% 3/15/2045  | 895 | 922 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2018-E, 5.00% 3/15/2039  | 755 | 778 |

---

---

| | |
|:---|:---|
| 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>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| 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  | USD<br> 120<br>| $120 |
| 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 | 494 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2020-R-1, <br> 2.75% 9/1/2050 (put 9/2/2025)  | 2500 | 2490 |
| 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 | 515 |
| Housing Fin. Agcy., 160 West 62nd Street Housing Rev. Bonds, Series 2011-A-1, 3.60% 11/1/2044 (put 4/1/2032)  | 1275 | 1274 |
| Housing Fin. Agcy., Affordable Housing Rev. Green Bonds, Series 2020-L-1, 2.10% 11/1/2035  | 2000 | 1596 |
| 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 | 680 |
| Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 5.00% 11/15/2045 (put 5/15/2030)  | 1500 | 1586 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2021-A-1, 4.00% 11/15/2045  | 1805 | 1557 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2017-D, 5.00% 11/15/2035  | 2600 | 2667 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2017-C-1, 5.00% 11/15/2028  | 3305 | 3462 |
| 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 | 1413 |
| Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 213, 4.25% 10/1/2047  | 220 | 221 |
| New York City GO Bonds, Fiscal 2023, Series 2023-F-1, 5.00% 8/1/2025  | 110 | 110 |
| New York City GO Bonds, Fiscal 2009, Series 2009-B-3, 5.00% 9/1/2027  | 4000 | 4203 |
| New York City GO Bonds, Fiscal 2016, Series 2016-E, 5.00% 8/1/2028  | 1125 | 1150 |
| New York City GO Bonds, Fiscal 2022, Series 2022-B, 5.00% 8/1/2031  | 3065 | 3411 |
| New York City GO Bonds, Fiscal 2025, Series 2025-C-1, 5.00% 9/1/2031  | 1550 | 1726 |
| New York City GO Bonds, Fiscal 2025, Series 2025-A, 5.00% 8/1/2032  | 6225 | 6978 |
| New York City GO Bonds, Fiscal 2025, Series 2025-F, 5.00% 8/1/2034  | 7520 | 8494 |
| New York City GO Bonds, Fiscal 2022, Series 2022-B-1, 5.00% 8/1/2036  | 1750 | 1892 |
| New York City GO Bonds, Fiscal 2023, Series 2023-1, 5.00% 8/1/2036  | 575 | 628 |
| New York City GO Bonds, Fiscal 2020, Series 2020-D-1, 5.00% 3/1/2039  | 5360 | 5573 |
| New York City GO Bonds, Fiscal 2025, Series 2025-C-1, 5.00% 9/1/2040  | 1390 | 1484 |
| New York City GO Bonds, Fiscal 2024, Series 2024-C, 5.00% 3/1/2042  | 1005 | 1051 |
| New York City GO Bonds, Fiscal 2025, Series 2025-E, 5.00% 8/1/2042  | 1935 | 2031 |
| New York City Health and Hospitals Corp., Health System Bonds, Series 2020-A, 3.00% 2/15/2026  | 1440 | 1442 |
| 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 | 467 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Green Bonds (Sustainable Dev. Bonds), Series 2021-F-1, <br> FHA insured, 2.40% 11/1/2046  | 500 | 322 |
| 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 | 2236 |
| 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 | 922 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, Assured <br> Guaranty insured, 5.00% 1/1/2031  | 2250 | 2459 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, Assured <br> Guaranty insured, 2.00% 1/1/2038  | 2375 | 1714 |
| 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  | 1485 | 1662 |
| 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 | 2115 |
| 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 | 748 |
| 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 | 1083 |
| 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 | 14439 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2016, Series 2016-B-1, 5.00% 11/1/2034  | 500 | 502 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2020, Series 2020-A-2, 5.00% 5/1/2039  | 570 | 587 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2021, Series 2021-C-1, 4.00% 5/1/2035  | 645 | 651 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2023, Series 2023-E, 5.00% 11/1/2032  | 2420 | 2729 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2023, Series 2023-E-1, 5.00% 11/1/2041  | 2160 | 2264 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-B, 5.00% 5/1/2036  | 3010 | 3302 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-D, 5.00% 11/1/2037  | 1370 | 1494 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-D, 5.00% 11/1/2038  | 1680 | 1816 |

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| | |
|:---|:---|
| **73** | 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>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-B, 5.00% 5/1/2040  | USD<br> 2,000<br>| $2121 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G-1, 5.00% 5/1/2040  | 1000 | 1065 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-D, 5.00% 11/1/2041  | 2060 | 2178 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-F-1, 5.00% 2/1/2042  | 1125 | 1177 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.00% 5/1/2042  | 2085 | 2183 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-A1, 5.00% 11/1/2027  | 1020 | 1076 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2030  | 3660 | 4063 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2031  | 1860 | 2085 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-C-C1, 5.00% 5/1/2032  | 3025 | 3398 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 11/1/2032  | 3000 | 3383 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2035  | 1100 | 1232 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F-F1, 5.00% 11/1/2035  | 1000 | 1130 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2036  | 4760 | 5293 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2036  | 1100 | 1217 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2037  | 2335 | 2570 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2037  | 2955 | 3235 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2038  | 7715 | 8367 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F-F1, 5.00% 11/1/2038  | 4185 | 4554 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2039  | 5725 | 6139 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2040  | 1550 | 1655 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2041  | 2000 | 2119 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-C-C1, 5.00% 5/1/2045  | 1120 | 1157 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.50% 11/1/2046  | 1430 | 1475 |
| Oneida Indian Nation, Tax Rev. Bonds, Series 2024-B, 6.00% 9/1/2043 <sup>(a)</sup>  | 465 | 490 |
| Onongada Civic Dev. Corp., Rev. Bonds (Syracuse University Project), Series 2025, 5.25% 12/1/2044  | 1325 | 1414 |
| Port Auth., Consolidated Bonds, Series 246, AMT, 5.00% 9/1/2028  | 2000 | 2105 |
| Port Auth., Consolidated Bonds, Series 227, AMT, 3.00% 10/1/2028  | 1000 | 985 |
| Port Auth., Consolidated Bonds, Series 221, AMT, 4.00% 7/15/2038  | 900 | 879 |
| Port Auth., Consolidated Bonds, Series 221, AMT, 4.00% 7/15/2039  | 1120 | 1070 |
| Suffolk County Econ. Dev. Corp., Rev. Bonds (Peconic Landing at Southold, Inc. Project), Series 2019-B, 5.00% <br> 12/1/2034  | 1000 | 1026 |
| Suffolk Regional Off-Track Betting Corp., Rev. Bonds, Series 2024, 5.75% 12/1/2044  | 1000 | 1023 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-A-1, 4.85% <br> 11/1/2031 <sup>(a)</sup>  | 870 | 874 |
| 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 | 1115 |
| 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 | 1010 |
| Thruway Auth., General Rev. Bonds, Series 2021-O, 4.00% 1/1/2040  | 1000 | 956 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2022-A-1, 5.00% 3/15/2041  | 1040 | 1090 |
| 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  | 555 | 546 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 5.00% 12/1/2025  | 1345 | 1353 |
| 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 | 1417 |
| 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 | 1205 |
| 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 | 534 |
| 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 | 4667 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-C, 5.00% 12/1/2034  | 2225 | 2365 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2022, AMT, 5.00% 12/1/2035  | 2000 | 2087 |
| 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 | 1642 |
| 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 | 748 |
| 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  | 260 | 260 |

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---

| | |
|:---|:---|
| 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>|
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| 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  | USD<br> 2,000<br>| $2048 |
| 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 | 2458 |
| 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 | 1525 |
| 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 | 3265 |
| 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  | 1870 | 1902 |
| 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 | 2141 |
| 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  | 3000 | 2679 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal One <br> Project), Series 2023, AMT, Assured Guaranty insured, 5.50% 6/30/2042  | 1000 | 1043 |
| 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 | 1003 |
| Triborough Bridge and Tunnel Auth., General Rev. Bonds (MTA Bridges and Tunnels), Series 2023-B-1, 5.00% <br> 11/15/2040  | 1000 | 1064 |
| 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 | 643 |
| 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 | 1127 |
| City of Troy Capital Resource Corp., Rev. Ref. Bonds (Rensselaer Polytechnic Institute Project), Series 2020-A, 5.00% <br> 9/1/2039  | 1500 | 1542 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2022-A, 5.00% 9/15/2031  | 1625 | 1814 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 4.00% 3/15/2037  | 1015 | 1012 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-E, 4.00% 3/15/2038  | 1510 | 1484 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 5.00% 3/15/2038  | 1180 | 1236 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2021-A, 4.00% 3/15/2039  | 2500 | 2435 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2019-A, 5.00% 3/15/2039  | 5020 | 5203 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2023-TE-1, 5.00% 12/15/2041  | 840 | 905 |
|  |  | 247390 |
| **North Carolina 1.29%** | **North Carolina 1.29%** | **North Carolina 1.29%** |
| City of Charlotte, Charlotte Douglas International Airport, Airport Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2030  | 500 | 528 |
| Educational Assistance Auth., Student Loan Rev. Bonds, Series 2023-A, AMT, 5.00% 6/1/2043  | 815 | 828 |
| GO School Bonds, Series 2023, 5.00% 9/1/2029  | 2185 | 2391 |
| GO School Bonds, Series 2023, 5.00% 9/1/2030  | 2500 | 2780 |
| Hospital Auth., Health Care Rev. Ref. Bonds (Charlotte-Mecklenburg Hospital), Series 2016-A, 5.00% 1/15/2034  | 4200 | 4235 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 49, 6.00% 7/1/2053  | 5720 | 6075 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 50, 5.50% 1/1/2054  | 665 | 709 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 53-A, 6.25% 1/1/2055  | 550 | 597 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 54-A, 6.25% 1/1/2055  | 1610 | 1784 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 55-A, 6.25% 7/1/2055  | 3390 | 3718 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 57-A, 6.25% 1/1/2056  | 2475 | 2771 |
| Housing Fin. Agcy., Home Ownership Rev. Ref. Bonds, Series 42, 4.00% 1/1/2050  | 465 | 467 |
| Inlivian Multi Family Housing Rev. Bonds (Central at Old Concord), Series 2025, 3.30% 11/10/2043 (put 11/1/2028)  | 435 | 436 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Lutheran Retirement Ministries Project), Series <br> 2019-A, 5.00% 1/1/2038  | 800 | 805 |
| 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 | 928 |
| 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 | 512 |

---

---

| | |
|:---|:---|
| **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>|
| **North Carolina (continued)** | **North Carolina (continued)** | **North Carolina (continued)** |
| Town of Morehead City, Multi Family Housing Rev. Bonds (Elijah's Landing), Series 2024, 4.05% 1/1/2028 (put <br> 1/1/2027)  | USD<br> 1,360<br>| $1377 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2034  | 4350 | 4500 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2045  | 6690 | 6767 |
| Turnpike Auth., Triangle Expressway System, Appropriation Rev. Bonds, CAB, Series 2019, 0% 1/1/2043  | 560 | 234 |
|  |  | 43207 |
| **North Dakota 0.25%** | **North Dakota 0.25%** | **North Dakota 0.25%** |
| 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  | 1780 | 1784 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-A, 3.00% 1/1/2052  | 1090 | 1075 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-B, 3.00% 7/1/2052  | 2065 | 2024 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2023-A, 5.75% 7/1/2053  | 650 | 688 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2023-D, 5.75% 1/1/2054  | 110 | 117 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2024-D, 6.00% 7/1/2055  | 1860 | 2053 |
| County of Ward, Health Care Facs. Rev. Bonds (Trinity Obligated Group), Series 2017-C, 5.00% 6/1/2038  | 500 | 483 |
|  |  | 8524 |
| **Ohio 2.52%** | **Ohio 2.52%** | **Ohio 2.52%** |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-C, AMT, 3.70% 4/1/2028  | 4015 | 3990 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-A, AMT, 3.75% 1/1/2029  | 1000 | 992 |
| 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 | 1011 |
| 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 | 941 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (Ohio Valley Electric Corp. Project), Series 2019-A, 3.25% 9/1/2029  | 3030 | 2963 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 3.75% 1/15/2028 <sup>(a)</sup>  | 755 | 755 |
| 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 | 7699 |
| 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 | 780 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, 5.00% <br> 6/1/2035  | 540 | 557 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, 4.00% <br> 6/1/2038  | 1000 | 936 |
| County of Butler, Port Auth. Econ. Dev. Facs., Rev. Ref. Bonds (Community First Solutions), Series 2021-A, 4.00% <br> 5/15/2046  | 1000 | 812 |
| Capital Facs. Lease Appropriation Bonds, Series 2021-A, 5.00% 2/1/2027  | 1000 | 1036 |
| 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 | 758 |
| 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 | 190 |
| Columbus Regional Airport Auth., Airport Rev. Bonds (John Glenn Columbus International Airport), Series 2025-A, <br> AMT, 5.00% 1/1/2033  | 1800 | 1937 |
| 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)  | 800 | 817 |
| Common Schools GO Bonds, Series 2025-A, 5.00% 6/15/2035  | 1000 | 1146 |
| County of Cuyahoga, Metropolitan Housing Auth., Multi Family Housing Rev. Bonds (Wade Park Apartments), Series <br> 2022, FHA insured, 4.75% 12/1/2027 (put 12/1/2025)  | 460 | 463 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2033  | 2000 | 1925 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2036  | 2000 | 1823 |
| County of Franklin, Hospital Facs. Rev. Bonds (OhioHealth Corp.), Series 2015, 5.00% 5/15/2045  | 1860 | 1860 |
| County of Franklin, Hospital Facs. Rev. Ref. Bonds (Nationwide Children's Hospital), Series 2016-C, 5.00% 11/1/2031  | 540 | 597 |
| County of Franklin, Hospital Facs. Rev. Ref. Bonds (Nationwide Children's Hospital), Series 2016-C, 4.00% 11/1/2040  | 1000 | 939 |
| GO Higher Education Bonds, Series 2025-A, 5.00% 5/1/2042  | 2500 | 2655 |
| GO Infrastructure Improvement Bonds, Series 2025-A, 5.00% 3/1/2032  | 1375 | 1550 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.50% 1/1/2043  | 500 | 513 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2038  | 2075 | 2208 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2041  | 3825 | 3938 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2042  | 925 | 943 |
| County of Hamilton, Metropolitan Sewer Dist. of Greater Cincinnati, Sewer System Rev. Ref. Bonds, Series 2024-B, <br> 5.00% 12/1/2031  | 1000 | 1124 |

---

---

| | |
|:---|:---|
| 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>|
| **Ohio (continued)** | **Ohio (continued)** | **Ohio (continued)** |
| Higher Educational Facs. Commission, Hospital Parking Rev. Bonds (University Circle, Inc. 2020 Project), Series 2020, <br> 5.00% 1/15/2038  | USD<br> 2,265<br>| $2319 |
| 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 | 3509 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2033 <sup>(a)</sup>  | 420 | 420 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2038 <sup>(a)</sup>  | 250 | 237 |
| Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2017-A, 3.25% 1/1/2035  | 1000 | 949 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2019-A, 4.50% <br> 9/1/2049  | 2380 | 2406 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2022-A, 3.25% <br> 9/1/2052  | 615 | 608 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2023-A, 5.50% <br> 3/1/2053  | 915 | 965 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-A, 6.25% <br> 3/1/2055  | 740 | 805 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-B, 6.25% <br> 3/1/2055  | 2475 | 2708 |
| Miami University, General Receipts and Rev. Ref. Bonds, Series 2024-A, 5.00% 9/1/2038  | 1000 | 1099 |
| County of Montgomery, Hospital Facs. Rev. Bonds (Dayton Children's Hospital), Series 2021, 4.00% 8/1/2037  | 2100 | 2101 |
| Ohio State University, General Receipts Green Bonds (Multiyear Debt Issuance Program II), Series 2023-B, 5.00% <br> 12/1/2034  | 1315 | 1473 |
| Private Activity Bonds (Portsmouth Bypass Project), Series 2015, AMT, 5.00% 12/31/2025  | 670 | 671 |
| 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 | 3873 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2033  | 975 | 1054 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2034  | 900 | 973 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2036  | 1130 | 1199 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2037  | 1000 | 1052 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2038  | 775 | 806 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2041  | 1200 | 1216 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2019-A, 5.00% <br> 7/1/2027  | 740 | 763 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2033  | 875 | 885 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2034  | 1000 | 1010 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2035  | 1000 | 1009 |
| County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2036  | 580 | 585 |
| Water Dev. Auth., Water Pollution Control Loan Fund Rev. Bonds, Series 2024-D, 5.00% 12/1/2033  | 2000 | 2285 |
|  |  | 84838 |
| **Oklahoma 0.45%** | **Oklahoma 0.45%** | **Oklahoma 0.45%** |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2023-C, 6.00% <br> 3/1/2054  | 740 | 807 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2024-A, 6.00% <br> 9/1/2054  | 1720 | 1879 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-A, 6.25% <br> 9/1/2056  | 2340 | 2622 |
| Norman Regional Hospital Auth., Hospital Rev. Ref. Bonds (Norman Regional Hospital Auth. Obligated Group), Series <br> 2017, 5.00% 9/1/2037  | 1420 | 1277 |

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| | |
|:---|:---|
| **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>|
| **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>| $2024 |
| 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 | 2024 |
| Turnpike Auth., Turnpike System Rev. Bonds, Series 2025-A, 5.00% 1/1/2038  | 4000 | 4387 |
|  |  | 15020 |
| **Oregon 0.96%** | **Oregon 0.96%** | **Oregon 0.96%** |
| Clackamas Community College Dist., GO Rev. Ref. Bonds, Series 2025, 5.00% 6/15/2042  | 1500 | 1595 |
| GO Bonds, Series 2021-A, 5.00% 5/1/2026  | 1050 | 1070 |
| GO Bonds, Series 2021-A, 5.00% 5/1/2029  | 1015 | 1104 |
| GO Bonds (Article XI-Q State Projects), Series 2019-A, 5.00% 5/1/2027  | 1405 | 1466 |
| GO Bonds (Article XI-Q State Projects), Series 2023-A, 5.00% 5/1/2034  | 500 | 566 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.25% 5/1/2043  | 2000 | 2159 |
| GO Bonds (Higher Education), Series 2015-O, 5.00% 8/1/2030 (preref. 8/1/2025)  | 1820 | 1823 |
| GO Bonds (Veteran's Welfare Bonds Series 111), Series 2023-E, 5.50% 12/1/2053  | 240 | 256 |
| GO Rev. Ref. Bonds (Article XI-G State Projects), Series 2025-G, 5.00% 8/1/2041  | 375 | 405 |
| Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series 2024-C, <br> 6.50% 7/1/2054  | 2600 | 2885 |
| 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 | 634 |
| Dept. of Administrative Services, State Lottery Rev. Ref. Bonds, Series 2025-A, 5.00% 4/1/2037  | 1000 | 1119 |
| Port of Portland, Portland International Airport Rev. Green Bonds, Series 30-A, AMT, 5.25% 7/1/2041  | 3165 | 3310 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2030  | 2990 | 3203 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2031  | 3155 | 3407 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2032  | 3260 | 3539 |
| Dept. of Transportation, Grant Anticipation Rev. Bonds, Series 2024, 5.00% 5/15/2031  | 1495 | 1669 |
| Dept. of Transportation, Highway User Tax Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2031  | 1705 | 1914 |
|  |  | 32124 |
| **Pennsylvania 2.92%** | **Pennsylvania 2.92%** | **Pennsylvania 2.92%** |
| County of Adams, General Auth. Rev. Bonds (The Brethren Home Community Project), Series 2024-A, 5.00% 6/1/2044  | 2350 | 2290 |
| County of Allegheny, Hospital Dev. Auth., Rev. Bonds, (University of Pittsburgh Medical Center Issue), Series 2019-A, <br> 4.00% 7/15/2038  | 1000 | 939 |
| County of Allegheny, Hospital Dev. Auth., UPMC Rev. Bonds, Series 2019-A, 4.00% 7/15/2037  | 3270 | 3140 |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), Series 2024-A-3, 5.00% 6/30/2039  | 4427 | 4091 |
| County of Berks, Municipal Auth., Rev. Bonds (Tower Health Project), Series 2024-A-2, 6.00% 6/30/2034  | 631 | 668 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2029  | 1155 | 1183 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2030  | 515 | 527 |
| 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 | 350 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2024, 5.375% 7/1/2039 <sup>(a)</sup>  | 110 | 117 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Penndot Major Bridges Package One Project), Series 2022, <br> AMT, 5.00% 12/31/2030  | 700 | 749 |
| 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 | 1075 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2034  | 500 | 502 |
| Econ. Dev. Fncg. Auth., Rev. Bonds (Presbyterian Senior Living Project), Series 2023-B-2, 5.00% 7/1/2038  | 800 | 825 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2019-A, AMT, 4.25% <br> 8/1/2038 (put 8/1/2025)  | 5000 | 5001 |
| 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 | 15149 |
| 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 | 1008 |
| Econ. Dev. Fncg. Auth., UPMC Rev. Bonds, Series 2020-A, 4.00% 4/15/2039  | 500 | 469 |
| Erie County School Dist., Limited Tax GO Bonds, Series 2019-A, Assured Guaranty insured, 5.00% 4/1/2031  | 525 | 559 |
| GO Bonds, Series 2016, Assured Guaranty insured, 5.00% 9/15/2026  | 560 | 576 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2032  | 2150 | 2271 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2033  | 1390 | 1465 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2020, 2.45% 6/1/2041  | 280 | 248 |

---

---

| | |
|:---|:---|
| 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>|
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.00% 6/1/2044  | USD<br> 250<br>| $243 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 4.125% 6/1/2045  | 285 | 272 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 4.75% 6/1/2046  | 1235 | 1217 |
| Higher Educational Facs. Auth., Health System Rev. Bonds (University of Pennsylvania Health System), Series 2015, <br> 5.00% 8/15/2026  | 500 | 501 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2017-125-B, 3.65% 10/1/2042  | 1000 | 874 |
| 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  | 1710 | 1759 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2023-141-A, 5.75% 10/1/2053  | 685 | 727 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-144A, 6.00% 10/1/2054  | 785 | 848 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-146A, 6.25% 10/1/2054  | 2710 | 2963 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-147-A, 6.25% 10/1/2054  | 3000 | 3302 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2025-149-A, 6.50% 10/1/2055  | 1875 | 2127 |
| County of Lancaster, Hospital Auth., Health Center Rev. Bonds (Masonic Villages Project), Series 2023, 5.125% <br> 11/1/2038  | 360 | 379 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2031  | 210 | 224 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2032  | 305 | 327 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2033  | 400 | 430 |
| Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/2034  | 420 | 452 |
| County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh Valley), Series 2024-A, 5.10% 6/15/2039 <sup>(d)</sup>  | 4890 | 4665 |
| 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  | 1050 | 1082 |
| 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 | 1989 |
| 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 | 7017 |
| Pennsylvania State University Bonds, Series 2025-A, 5.00% 9/1/2042  | 2500 | 2653 |
| Pennsylvania State University Bonds, Series 2025-A, 5.00% 9/1/2043  | 1180 | 1244 |
| 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 | 1017 |
| 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 | 1014 |
| 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 | 1006 |
| Philadelphia School Dist., GO Bonds, Series 2019-A, National insured,5.00% 9/1/2026  | 500 | 512 |
| Philadelphia School Dist., GO Bonds, Series 2016-F, 5.00% 9/1/2028  | 2750 | 2803 |
| Philadelphia School Dist., GO Green Bonds, Series 2023-B, 5.25% 9/1/2038  | 1000 | 1079 |
| Philadelphia School Dist., GO Rev. Ref. Bonds, Series 2007-A, FGIC-National insured, 5.00% 6/1/2034  | 6000 | 6667 |
| 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 | 343 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2019-A, 5.00% 12/1/2027  | 500 | 527 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2024-C, 5.00% 12/1/2038  | 1520 | 1658 |
| County of Westmoreland, Industrial Dev. Auth., Health System Rev. Bonds (Excela Health Project), Series 2020-A, 4.00% <br> 7/1/2026  | 500 | 501 |
|  |  | 98262 |
| **Puerto Rico 2.97%** | **Puerto Rico 2.97%** | **Puerto Rico 2.97%** |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 5.00% 7/1/2033 <sup>(a)</sup>  | 500 | 519 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2035 <sup>(a)</sup>  | 1500 | 1542 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2022-A, 5.00% 7/1/2037 <sup>(a)</sup>  | 1860 | 1914 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2042 <sup>(a)</sup>  | 2500 | 2174 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(e)</sup>  | 95 | 52 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2017 <sup>(e)</sup>  | 1365 | 746 |
| Electric Power Auth., Power Rev. Bonds, Series 2016-B-4, 10.00% 7/1/2019 <sup>(e)</sup>  | 450 | 246 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.375% 7/1/2023 <sup>(e)</sup>  | 70 | 38 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(e)</sup>  | 190 | 104 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-EEE, 6.05% 7/1/2032  | 2325 | 1276 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, National insured, 4.75% 7/1/2033  | 320 | 307 |
| Electric Power Auth., Power Rev. Bonds, Series 2013-A, 6.75% 7/1/2036 <sup>(e)</sup>  | 465 | 255 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(e)</sup>  | 4080 | 2239 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(e)</sup>  | 695 | 381 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(e)</sup>  | 1400 | 765 |

---

---

| | |
|:---|:---|
| **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>|
| **Puerto Rico (continued)** | **Puerto Rico (continued)** | **Puerto Rico (continued)** |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, Assured Guaranty insured, (3-month USD CME Term <br> SOFR x 0.67 + 0.52%) 3.568% 7/1/2029 <sup>(b)</sup>  | USD<br> 1,400<br>| $1338 |
| GO Bonds, Series 2022, 0% 11/1/2051 <sup>(b)</sup>  | 7500 | 2475 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2033  | 1532 | 1496 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2037  | 8945 | 8531 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2041  | 2673 | 2378 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2046  | 6343 | 5427 |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(b)</sup>  | 30303 | 18674 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 28442 | 17990 |
| 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)  | 475 | 480 |
| 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 | 455 |
| 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 | 392 |
| Public Fin. Corp., Commonwealth Appropriation Bonds, Series 2001-E, 6.00% 8/1/2026 (escrowed to maturity)  | 1285 | 1320 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 24066 | 22606 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 3570 | 3353 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2046  | 1500 | 478 |
|  |  | 99951 |
| **Rhode Island 0.35%** | **Rhode Island 0.35%** | **Rhode Island 0.35%** |
| Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Lifespan Obligated Group Issue), Series 2024, <br> 5.00% 5/15/2034  | 5000 | 5425 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.125% 12/1/2041  | 840 | 796 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-A, AMT, 4.125% 12/1/2043  | 380 | 348 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.125% 12/1/2043  | 845 | 769 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2025-1, AMT, 5.00% 12/1/2044  | 3505 | 3437 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2020-A, AMT, 3.625% 12/1/2037  | 540 | 520 |
| Tobacco Settlement Fin. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2015-A, 5.00% 6/1/2026  | 500 | 500 |
|  |  | 11795 |
| **South Carolina 2.05%** | **South Carolina 2.05%** | **South Carolina 2.05%** |
| County of Dorchester, Summers Corner Improvement Dist., Assessment Rev. Bonds, Series 2023, 4.50% 10/1/2033  | 210 | 207 |
| 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 | 813 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-B, 6.00% 1/1/2055  | 4130 | 4536 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2025-A, 6.50% 7/1/2055  | 4335 | 4903 |
| 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)  | 5635 | 5653 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2045  | 2000 | 2110 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2046  | 10000 | 10486 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2048  | 5000 | 5218 |
| Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br> 11/1/2049  | 6000 | 6251 |
| Jobs-Econ. Dev. Auth., Hospital Facs. Rev. Bonds (Bon Secours Mercy Health, Inc.), Series 2025-A, 5.25% 11/1/2042  | 1875 | 1968 |
| 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 | 1074 |
| Public Service Auth., Improvement Rev. Obligations (Santee Cooper), Series 2025-A, 5.00% 12/1/2040  | 940 | 987 |
| Public Service Auth., Improvement Rev. Obligations (Santee Cooper), Series 2025-A, 5.00% 12/1/2041  | 1500 | 1559 |
| Public Service Auth., Improvement Rev. Ref. Obligations (Santee Cooper), Series 2024-B, Assured Guaranty insured, <br> 5.00% 12/1/2042  | 5500 | 5678 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2022-A, 5.00% 12/1/2034  | 4005 | 4331 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2022-A, 5.00% 12/1/2039  | 2000 | 2067 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 12/1/2041  | 1000 | 1000 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2029  | 2870 | 2898 |

---

---

| | |
|:---|:---|
| 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>|
| **South Carolina (continued)** | **South Carolina (continued)** | **South Carolina (continued)** |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2033  | USD<br> 500<br>| $503 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2038  | 1465 | 1466 |
| Spartanburg Regional Health Services Dist., Hospital Rev. Ref. Bonds, Series 2022, 5.00% 4/15/2031  | 2595 | 2844 |
|  |  | 69052 |
| **South Dakota 0.30%** | **South Dakota 0.30%** | **South Dakota 0.30%** |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2023-G, 6.25% 5/1/2055  | 575 | 624 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2024-A, 6.25% 5/1/2055  | 2405 | 2616 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2025-A, 6.50% 11/1/2055  | 6125 | 6938 |
|  |  | 10178 |
| **Tennessee 1.46%** | **Tennessee 1.46%** | **Tennessee 1.46%** |
| 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 | 7381 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2017-2A, AMT, 4.00% 1/1/2042  | 315 | 315 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2019-1, 4.25% 1/1/2050  | 850 | 856 |
| 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 | 10919 |
| 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 | 693 |
| 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 insured, 5.00% 7/1/2038  | 290 | 305 |
| 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 insured, 5.00% 7/1/2044  | 2000 | 2024 |
| Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Grosvenor Square Project), Series 2022, <br> 4.00% 12/1/2027 (put 6/1/2026)  | 1115 | 1119 |
| Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Willow Place Project), Series 2023, 3.75% <br> 12/1/2027 (put 6/1/2026)  | 800 | 804 |
| City of Memphis, Electric System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2028  | 945 | 1017 |
| 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 | 388 |
| County of Shelby, Health, Health Care Rev. Ref. and Improvement Bonds (Baptist Memorial Health Care), Series <br> 2024-B, 5.00% 9/1/2049 (put 9/1/2029)  | 10795 | 11319 |
| Tennergy Corp., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 12/1/2051 (put 9/1/2028)  | 4000 | 4024 |
| Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2018, 4.00% 11/1/2049 <sup>(b)</sup>  | 1000 | 1001 |
| Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2023-A-1, 5.00% 5/1/2053 (put 5/1/2028)  | 5000 | 5157 |
| 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)  | 1095 | 1123 |
|  |  | 48894 |
| **Texas 12.71%** | **Texas 12.71%** | **Texas 12.71%** |
| Affordable Housing Corp., Multi Family Housing Rev. Bonds (Juniper Creek Apartments Project), Series 2023, 3.75% <br> 7/1/2044 (put 7/1/2026)  | 405 | 408 |
| Affordable Housing Corp., Multi Family Housing Rev. Bonds (Norman Commons), Series 2023, 3.625% 1/1/2045 (put <br> 1/1/2027)  | 3140 | 3166 |
| Airport System Facs. Rev. Bonds (United Airlines, Inc. Technical Operations Center Project), Series 2018, AMT, 5.00% <br> 7/15/2028  | 2245 | 2257 |
| Alamo Community College Dist., Limited Tax Bonds, Series 2021, 5.00% 8/15/2026  | 2150 | 2207 |
| Allen Independent School Dist. Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2042  | 1100 | 1154 |
| 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 | 798 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 4.50% <br> 8/15/2039  | 390 | 372 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Harmony Public Schools), Series 2024, 4.00% 2/15/2049  | 1115 | 967 |
| City of Arlington, Water and Wastewater System Rev. Ref. and Improvement Bonds, Series 2024, 5.00% 6/1/2036  | 1445 | 1595 |
| Aubrey Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/2039  | 1140 | 1213 |
| 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 | 204 |
| 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 | 167 |

---

---

| | |
|:---|:---|
| **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>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Austin Community College Dist., Limited Tax Bonds, Series 2023, 5.00% 8/1/2039  | USD<br> 1,000<br>| $1056 |
| City of Austin, Airport System Rev. Bonds, Series 2019-B, AMT, 5.00% 11/15/2033  | 1000 | 1047 |
| City of Austin, Certs. Of Obligation, Series 2020, 5.00% 9/1/2025  | 1000 | 1003 |
| City of Austin, Electric Utility System Rev. Ref. Bonds, Series 2015-A, 5.00% 11/15/2031  | 1000 | 1006 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2036  | 1500 | 1631 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2037  | 1250 | 1346 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2038  | 1750 | 1864 |
| County of Bexar, Hospital Dist., Limited Tax Rev. Ref. Bonds, Series 2019, 5.00% 2/15/2034  | 1750 | 1818 |
| Boerne Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2023, 3.125% 2/1/2053 (put <br> 2/1/2027)  | 485 | 485 |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC Project), <br> Series 2022, AMT, 0% 6/1/2042 <sup>(a)(b)(e)</sup>  | 94 | 70 |
| 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)(e)</sup>  | 468 | 352 |
| 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>(e)</sup>  | 625 | 375 |
| County of Brazoria, Municipal Utility Dist. No. 42, Unlimited Tax Bonds, Series 2025, 4.625% 4/1/2043  | 1270 | 1191 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2024-1-A, AMT, 4.00% 4/1/2045  | 1315 | 1141 |
| 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 | 230 |
| 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 | 239 |
| 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 | 486 |
| County of Caldwell, Municipal Utility Dist. No. 2, Unlimited Tax Road Bonds, Series 2024-B, 4.375% 9/1/2041  | 1005 | 903 |
| County of Caldwell, Municipal Utility Dist. No. 2, Unlimited Tax Road Bonds, Series 2024-A, 4.375% 9/1/2043  | 1095 | 974 |
| Capital Area Housing Fin. Corp., Multi Family Housing Rev. Bonds (Redwood Apartments), Series 2020, 3.50% <br> 1/1/2041 (put 1/1/2026)  | 2000 | 2000 |
| Cedar Hill Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2038  | 1820 | 1977 |
| Celina Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2042  | 3420 | 3580 |
| Central Texas Regional Mobility Auth., Rev. Bonds, Series 2021-B, 5.00% 1/1/2032  | 500 | 544 |
| Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2021-D, 5.00% 1/1/2030  | 2125 | 2298 |
| Clear Creek Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2016, 3.00% 2/15/2033  | 1000 | 958 |
| Clear Creek Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024-A, 5.00% 2/15/2033  | 555 | 626 |
| Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2043  | 4755 | 4859 |
| Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2044  | 3780 | 3841 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2018, 5.00% 8/15/2027  | 1000 | 1043 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2022-A, 3.00% 8/15/2051  | 2000 | 1330 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2023-A, 5.75% 6/15/2038 <sup>(a)</sup>  | 500 | 494 |
| Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (Idea Public Schools), Series 2024, 5.00% 8/15/2039  | 1000 | 1052 |
| Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (International Leadership of Texas, Inc.), Series 2024-A, <br> 5.00% 8/15/2038  | 105 | 111 |
| 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 | 1712 |
| College Student Loan GO Bonds, Series 2019, AMT, 5.00% 8/1/2027  | 1000 | 1040 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 4.00% 2/15/2035  | 2400 | 2688 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 5.00% 2/15/2036  | 1000 | 1109 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series 2024, <br> 5.00% 2/15/2040  | 1165 | 1238 |
| Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 5.00% 2/15/2040  | 1000 | 1064 |
| Conroe Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2034  | 2440 | 2733 |
| Conroe Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2037  | 1595 | 1751 |
| Crowley Independent School Dist., Unlimited Tax School Building Bonds, Series 2019, 5.00% 8/1/2031  | 1045 | 1119 |
| Cypress-Fairbanks Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024-A, 5.00% 2/15/2038  | 2940 | 3175 |
| Cypress-Fairbanks Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2032  | 1000 | 1121 |
| City of Dallas, Special Tax Rev. Bonds (Kay Bailey Hutchison Convention Center Dallas Venue Project), Series 2023, <br> 6.00% 8/15/2053 (put 8/15/2028) <sup>(a)</sup>  | 850 | 851 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2015-A, 4.00% 10/1/2033  | 500 | 501 |

---

---

| | |
|:---|:---|
| 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>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2024, 5.00% 10/1/2036  | USD<br> 1,090<br>| $1206 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2020-C, 5.00% 10/1/2038  | 1440 | 1514 |
| Dallas Area Rapid Transit Sales Tax Rev. Improvement and Rev. Ref. Bonds, Series 2020-A, 5.00% 12/1/2028  | 1080 | 1159 |
| Dallas Area Rapid Transit Sales Tax Rev. Ref. Bonds, Series 2019, 5.00% 12/1/2034  | 2500 | 2665 |
| Dallas Area Rapid Transit Sales Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 12/1/2048 (preref. 12/1/2025)  | 1000 | 1009 |
| Dallas Independent School Dist., Unlimited Tax School Building Bonds, Series 2019-B, 3.00% 2/15/2034  | 1000 | 949 |
| Dallas Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2034  | 1605 | 1798 |
| 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 | 2898 |
| 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 | 203 |
| 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 | 432 |
| Del Valle Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 6/15/2036  | 1525 | 1642 |
| County of Denton, Special Assessment Rev. Bonds (Duck Point Public Improvement Dist.), Series 2025, 4.625% <br> 12/31/2035 <sup>(a)</sup>  | 500 | 488 |
| 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 | 754 |
| 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 | 817 |
| 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 | 195 |
| 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 | 343 |
| Denton Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 8/15/2037  | 1390 | 1506 |
| Denton Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 8/15/2042  | 2965 | 3103 |
| Duncanville Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2040  | 1085 | 1149 |
| Eagle Mountain-Saginaw Independent School Dist., Unlimited Tax School Building Bonds, Series 2019, 5.00% <br> 8/15/2027  | 1900 | 2046 |
| City of El Paso, GO Rev. Ref. Bonds, Series 2024, 5.00% 8/15/2036  | 1345 | 1477 |
| County of Ellis, Municipal Utility Dist. No. 1B, Unlimited Tax Utility Bonds, Series 2025, 4.375% 9/1/2037  | 1025 | 1011 |
| Fort Bend County Municipal Utility Dist. No. 250, Contract Rev. Bonds, Series 2025, 4.25% 11/1/2037  | 1490 | 1467 |
| Fort Bend Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024-A, 5.00% <br> 8/15/2041  | 3280 | 3453 |
| Fort Worth Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2038  | 1000 | 1085 |
| Fort Bend Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024-A, 5.00% <br> 8/15/2044  | 2570 | 2661 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2035  | 1210 | 1189 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2042  | 1070 | 931 |
| County of Fort Bend, Municipal Utility Dist. No. 232, Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2043  | 1250 | 1100 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2045  | 1235 | 1082 |
| City of Fort Worth, Water and Sewer System Rev. Bonds, Series 2024, 5.00% 2/15/2030  | 2335 | 2546 |
| City of Fort Worth, Water and Sewer System Rev. Bonds, Series 2024, 5.00% 2/15/2031  | 1350 | 1490 |
| City of Fort Worth, Water and Sewer System Rev. Bonds, Series 2024, 5.00% 2/15/2041  | 2630 | 2748 |
| County of Galveston, Municipal Utility Dist. No. 36, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2036  | 1180 | 1153 |
| County of Galveston, Municipal Utility Dist. No. 79, Unlimited Tax Bonds, Series 2024, 4.625% 4/1/2047  | 1000 | 881 |
| Garland Independent School Dist., Unlimited Tax School Building Bonds, Series 2023-A, 5.00% 2/15/2039  | 1925 | 2060 |
| GO Water Financial Assistance Bonds, Series 2023-C, 5.00% 8/1/2025  | 1130 | 1132 |
| Greenwood Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2035  | 1275 | 1417 |
| Greenwood Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2039  | 2490 | 2662 |
| Harlingen Consolidated Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2020, 5.00% 8/15/2032  | 1020 | 1096 |
| County of Harris, Municipal Utility Dist. No. 478, Contract Rev. Road Bonds, Series 2025-A, 4.875% 12/1/2038  | 1055 | 1052 |
| County of Harris, Municipal Utility Dist. No. 493, Unlimited Tax Road Bonds, Series 2024, 4.00% 9/1/2039  | 1050 | 949 |
| County of Harris, Municipal Utility Dist. No. 572, Unlimited Tax Bonds, Series 2025, 4.375% 4/1/2040  | 1070 | 1034 |
| County of Harris, Municipal Utility Dist. No. 578, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2041  | 1105 | 984 |
| County of Harris, Municipal Utility Dist. No. 478, Contract Rev. Road Bonds, Series 2025, 4.375% 12/1/2041  | 1330 | 1204 |
| County of Harris, Municipal Utility Dist. No. 578, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2046  | 1085 | 940 |
| County of Harris, Permanent Improvement Rev. Ref. Bonds, Series 2020-A, 5.00% 10/1/2025  | 1000 | 1005 |
| County of Harris, Rev. Ref. Bonds, Series 2022-A, 5.00% 8/15/2031  | 2725 | 3037 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2038  | 3110 | 3322 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, CAB, Series 2001-H, National insured, 0% 11/15/2025 (escrowed to <br> maturity)  | 1000 | 988 |
| County of Harris, Toll Road Rev. and Rev. Ref. Bonds, Series 2018-A, 5.00% 8/15/2030  | 625 | 657 |

---

---

| | |
|:---|:---|
| **83** | 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)** |
| County of Harris, Toll Road Rev. Ref. Bonds, Series 2015-B, 5.00% 8/15/2035  | USD<br> 1,050<br>| $1051 |
| Harris County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Texas Children's Hospital), Series 2024-A, <br> 5.00% 10/1/2031  | 3545 | 3930 |
| Harris County Hospital Dist., Limited Tax Bonds, Series 2025, 5.00% 2/15/2038  | 2000 | 2165 |
| Hays Consolidated Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/2035  | 740 | 801 |
| 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 | 4379 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2021-A, 3.00% 1/1/2052  | 1530 | 1503 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2022-B, 5.75% 1/1/2053  | 1825 | 1959 |
| Dept. of Housing and Community Affairs, Single Family Mortgage Rev. Bonds, Series 2023-C, 6.00% 3/1/2054  | 2980 | 3252 |
| 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 | 11591 |
| 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 | 2509 |
| 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 | 5543 |
| 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 | 2316 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2039  | 4000 | 4094 |
| 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 | 1325 |
| 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  | 3730 | 3240 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, AMT, 5.00% 7/1/2028  | 2825 | 2961 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% 7/1/2029  | 500 | 531 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, AMT, 5.00% 7/1/2029  | 2500 | 2651 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, AMT, 5.00% 7/1/2031  | 15320 | 16494 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 4.00% 7/1/2037  | 1085 | 1048 |
| 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  | 1250 | 1250 |
| 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 | 5620 |
| 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 | 1758 |
| 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 | 1431 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2015-B-1, AMT, 5.00% 7/15/2030  | 1390 | 1390 |
| City of Houston, Combined Utility System Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2025  | 2615 | 2637 |
| Hutto Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 8/1/2042  | 1755 | 1845 |
| City of Irving, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2019, 5.00% 8/15/2032  | 135 | 138 |
| Irving Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2034  | 6350 | 7029 |
| Katy Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2036  | 2145 | 2377 |
| Lazy Nine Municipal Utility Dist. No. 1A, Unlimited Tax Bonds, Series 2023, 5.625% 9/1/2042  | 500 | 505 |
| Lewisville Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2023, 5.00% 8/15/2030  | 1580 | 1739 |
| Little Elm Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 8/15/2027  | 3000 | 3146 |
| Little Elm Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 8/15/2041  | 1725 | 1823 |
| Love Field Airport Modernization Corp., Special Facs. Rev. Bonds, Series 2012, AMT, 5.00% 11/1/2028  | 1110 | 1110 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2022, Assured Guaranty insured, 5.00% 5/15/2026  | 535 | 545 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2036  | 2035 | 2145 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2037  | 2000 | 2094 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2038  | 1000 | 1039 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2023-B, 5.00% 5/15/2039 (put 5/15/2028)  | 1340 | 1399 |
| Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series <br> 2020-A, 5.00% 5/15/2040  | 2000 | 2053 |
| Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series <br> 2025, 5.00% 5/15/2041  | 2500 | 2618 |
| City of Lubbock, Electric Light and Power System Rev. Ref. Bonds, Series 2023, Assured Guaranty insured, 5.00% <br> 4/15/2034  | 1000 | 1110 |
| Mabank Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024, 5.00% 8/15/2030  | 400 | 442 |
| Mabank Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024, 5.00% 8/15/2031  | 755 | 844 |

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

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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)** |
| 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  | USD<br> 825<br>| $847 |
| Medina Valley Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2043  | 1605 | 1668 |
| Miralomas Municipal Utility Dist., Unlimited Tax Bonds, Series 2024, 4.375% 9/1/2042  | 1145 | 1021 |
| 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)  | 850 | 817 |
| 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 | 2751 |
| County of Montgomery, Municipal Utility Dist. No. 170, Contract Rev. Bonds (Road Facs.), Series 2024, 4.25% <br> 12/1/2036  | 1055 | 1041 |
| County of Montgomery, Municipal Utility Dist. No. 180, Unlimited Tax Road Bonds, Series 2024, 4.375% 9/1/2041  | 1520 | 1367 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-A, 5.50% 1/1/2054 (put 1/1/2030)  | 4000 | 4250 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-B, 5.50% 1/1/2054 (put 1/1/2034)  | 6435 | 7063 |
| Municipal Gas Acquisition and Supply Corp. V., Gas Supply Rev. Bonds, Series 2024, 5.00% 1/1/2055 (put 1/1/2034)  | 2500 | 2659 |
| 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 | 991 |
| 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 | 1836 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 8/1/2029  | 3755 | 3913 |
| North East Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 3.75% 8/1/2049 (put 8/1/2027)  | 470 | 476 |
| North Fort Bend Water Auth., Water System Rev. and Rev. Ref. Bonds, Series 2021, BAM insured, 5.00% 12/15/2027  | 500 | 527 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2024-1-A, AMT, 4.125% 6/1/2045  | 1335 | 1289 |
| North Texas Municipal Water Dist., Wastewater Interceptor System Contract Rev. Ref. and Improvement Bonds, Series <br> 2024, 5.00% 6/1/2030  | 2935 | 3220 |
| North Texas Municipal Water Dist., Wastewater Interceptor System Contract Rev. Ref. and Improvement Bonds, Series <br> 2024, 5.00% 6/1/2031  | 3085 | 3425 |
| North Texas Municipal Water Dist., Water System Rev. Ref. and Improvement Bonds, Series 2021, 3.00% 9/1/2036  | 420 | 368 |
| North Texas Tollway Auth., System Rev. and Rev. Ref. Bonds, Series 2021-B, 4.00% 1/1/2036  | 500 | 492 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2032  | 5400 | 5994 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2033  | 2415 | 2688 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2034  | 2420 | 2698 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2035  | 710 | 788 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, CAB, Series 2008-D, Assured Guaranty insured, 0% 1/1/2030  | 2555 | 2201 |
| Northside Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2041  | 1450 | 1536 |
| Northside Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2042  | 1500 | 1577 |
| 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 | 440 |
| Pine Forest Municipal Utility Dist., Unlimited Tax Bonds, Series 2025, 5.00% 9/1/2043  | 1125 | 1116 |
| Plano Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2033  | 1790 | 2025 |
| Plano Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 4.00% 2/15/2043  | 1985 | 1862 |
| Rancho Del Cielo Municipal Utility Dist., Unlimited Tax Bonds, Series 2024, 4.375% 8/15/2053  | 350 | 292 |
| Riceland Management Dist., Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2034  | 1000 | 989 |
| Riceland Municipal Utility Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.375% 9/1/2039  | 1000 | 929 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2017, 5.00% 2/1/2027  | 1215 | 1260 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-D, 5.00% 2/1/2029  | 525 | 565 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2017, 5.00% 2/1/2033  | 1500 | 1538 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-D, 5.00% 2/1/2037  | 2000 | 2199 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-B, 5.00% 2/1/2042  | 1500 | 1569 |
| City of San Antonio, General Improvement Bonds, Series 2024, 5.00% 2/1/2035  | 1175 | 1320 |
| City of San Antonio, Water System Rev. and Rev. Ref. Bonds, Series 2023-A, 5.00% 5/15/2040  | 1000 | 1062 |
| Sherman Independent School Dist., Unlimited Tax School Building Bonds, Series 2023-B, 5.00% 2/15/2040  | 500 | 529 |
| Greater Texoma Utility Auth., Contract Rev. Bonds (City of Sherman Project), Series 2024-A, BAM insured, 5.00% <br> 10/1/2029  | 1000 | 1078 |
| South San Antonio Independent School Dist., Unlimited Tax School Building Bonds, Series 2005, 5.50% 8/15/2030  | 3500 | 3828 |
| Southwest Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/1/2041  | 1500 | 1572 |
| Spring Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024-B, 5.00% 8/15/2030  | 1965 | 2163 |
| Surface Transportation Corp., Private Activity Rev. Ref. Bonds (NTE Mobility Partners Segments 3 LLC), Series 2023, <br> AMT, 5.50% 6/30/2040  | 1500 | 1559 |
| County of Tarrant, Karis Municipal Management Dist., Unlimited Tax Utility Bonds, Series 2025, 4.50% 12/1/2041  | 1030 | 979 |
| Tarrant County Cultural Education Facs. Fin. Corp., Rev. Bonds (Christus Health), Series 2018-B, 5.00% 7/1/2036  | 1270 | 1307 |
| Tarrant Regional Water Dist., Water Transmission Facs. Contract Rev. Bonds, Series 2025, 5.00% 9/1/2034  | 2015 | 2281 |
| Tarrant Regional Water Dist., Water Transmission Facs. Contract Rev. Bonds, Series 2025, 5.00% 9/1/2037  | 7680 | 8479 |
| Transportation Commission, GO Highway Improvement Rev. Ref. Bonds, Series 2024, 5.00% 4/1/2032  | 1350 | 1520 |

---

---

| | |
|:---|:---|
| **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>|
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Water Dev. Board, State Revolving Fund Rev. Bonds, Series 2021, 5.00% 8/1/2032  | USD<br> 1,270<br>| $1406 |
| Board of Regents of Texas A&M University System, Rev. Fncg. System Bonds, Series 2024-A, 5.00% 5/15/2041  | 3000 | 3198 |
| Board of Regents of the Texas A&M University System, Permanent University Fund Bonds, Series 2023, 5.00% 7/1/2026  | 4000 | 4091 |
| Board of Regents of the Texas A&M University System, Permanent University Fund Bonds, Series 2023, 5.00% 7/1/2042  | 2000 | 2082 |
| 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 | 528 |
| 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 | 1001 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2038  | 1230 | 1152 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2041  | 1425 | 1270 |
| Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2024-C, 5.00% 8/15/2039  | 3095 | 3284 |
| Transportation Commission, GO Mobility Fund Bonds, Series 2015-B, 5.00% 10/1/2036  | 5385 | 5392 |
| Turnpike Auth., Central Texas Turnpike System, Rev. Bonds, CAB, Series 2002-A, AMBAC insured, 0% 8/15/2027  | 4945 | 4639 |
| United Independent School Dist., Unlimited Tax School Building Bonds, Series 2015, 5.00% 8/15/2030 (preref. <br> 8/15/2025)  | 2160 | 2165 |
| 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 | 1613 |
| 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 | 3601 |
| 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 | 1068 |
| 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 | 2098 |
| Board of Regents of the University of Texas System, Permanent University Fund Bonds, Series 2024-A, 5.00% 7/1/2036  | 2100 | 2338 |
| Waco Education Fin. Corp., Rev. Bonds (Baylor University Issue), Series 2021, 4.00% 3/1/2040  | 500 | 474 |
| Water Dev. Board, State Revolving Fund Rev. Bonds, Series 2025, 5.00% 8/1/2039  | 2270 | 2484 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2020, 5.00% 10/15/2025  | 1045 | 1051 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2023-A, 5.00% 10/15/2035  | 1000 | 1116 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2024-A, 5.00% 10/15/2038  | 5020 | 5498 |
| County of Williamson, Municipal Utility Dist. No. 51, Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2038  | 1380 | 1280 |
| 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 | 1564 |
|  |  | 427150 |
| **United States 0.47%** | **United States 0.47%** | **United States 0.47%** |
| Freddie Mac, Multi Family Certs., Series 2023, 4.143% 1/25/2040 <sup>(b)</sup>  | 539 | 519 |
| Freddie Mac, Multi Family Certs. Green Bonds, Series 2025, 4.534% 11/25/2042 <sup>(b)</sup>  | 3767 | 3739 |
| Freddie Mac, Multi Family Mortgage Certs. Green Bonds, Series 2024, 3.158% 12/25/2038 <sup>(b)</sup>  | 4972 | 4355 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2023, Class ACA, 2.25% 9/25/2037  | 1222 | 1021 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2024, 3.541% 11/25/2038 <sup>(b)</sup>  | 1984 | 1852 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2023, Class A, 3.084% 4/25/2043 <sup>(b)</sup>  | 4780 | 4161 |
|  |  | 15647 |
| **Utah 0.89%** | **Utah 0.89%** | **Utah 0.89%** |
| 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 | 336 |
| Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-A, 5.00% <br> 6/1/2038  | 1000 | 1032 |
| Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-A, 5.25% <br> 6/1/2041  | 950 | 1021 |
| Housing Corp., Single Family Mortgage Bonds, Series 2023-A, 6.00% 7/1/2053  | 995 | 1067 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-A, 6.50% 1/1/2054  | 255 | 278 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-C, 6.00% 7/1/2054  | 1220 | 1335 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-G, 6.25% 7/1/2055  | 3340 | 3710 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-I, 6.25% 7/1/2055  | 4460 | 4972 |
| 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>  | 500 | 501 |
| 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>  | 1000 | 1000 |
| 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>  | 450 | 446 |

---

---

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

---

------

Capital Group Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Utah (continued)** | **Utah (continued)** | **Utah (continued)** |
| 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>  | USD<br> 790<br>| $779 |
| 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 | 444 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2024-2, 5.50% 6/15/2039 <sup>(a)</sup>  | 1920 | 1922 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2036  | 1000 | 930 |
| Nebo School Dist., Local Building Auth., Lease Rev. Bonds, Series 2020, 2.125% 7/1/2033  | 2910 | 2501 |
| 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 | 904 |
| Salt Lake City, Airport Rev. Bonds (Salt Lake City International Airport), Series 2018-A, AMT, 5.00% 7/1/2028  | 1500 | 1571 |
| 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)</sup>  | 2875 | 2786 |
| Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2024, 5.00% 6/15/2030  | 870 | 962 |
| County of Utah, Hospital Rev. Bonds (IHC Health Services, Inc.), Series 2018-A, 5.00% 5/15/2037  | 1400 | 1442 |
|  |  | 29939 |
| **Vermont 0.44%** | **Vermont 0.44%** | **Vermont 0.44%** |
| Econ. Dev. Auth., Mortgage Rev. Bonds (Wake Robin Corp. Project), Series 2021-A, 4.00% 5/1/2037  | 500 | 462 |
| 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 | 503 |
| 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>  | 1055 | 1041 |
| 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 | 2521 |
| 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 | 4525 |
| Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series <br> 2016-A, 5.00% 12/1/2036  | 5000 | 5022 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.375% 6/15/2039  | 460 | 431 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2023-A, AMT, 4.00% 6/15/2041  | 395 | 367 |
|  |  | 14872 |
| **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 | 504 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2030  | 500 | 512 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2032  | 1340 | 1371 |
|  |  | 2387 |
| **Virginia 0.92%** | **Virginia 0.92%** | **Virginia 0.92%** |
| 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  | 1330 | 1226 |
| County of Arlington, Industrial Dev. Auth., Multifamily Housing Rev. Bonds (Park Shirlington Apartments), Series <br> 2023-A, 5.00% 1/1/2026  | 1355 | 1368 |
| 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 | 488 |
| 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 | 1330 |
| College Building Auth., Educational Facs. Rev. Bonds (21st Century College and Equipment Programs), Series 2019-A, <br> 4.00% 2/1/2034  | 1000 | 1015 |
| College Building Auth., Educational Facs. Rev. Ref. Bonds (21st Century College and Equipment Programs), Series <br> 2017-E, 5.00% 2/1/2031  | 6025 | 6345 |
| 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 | 259 |
| 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 | 513 |
| 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 | 276 |

---

---

| | |
|:---|:---|
| **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>|
| **Virginia (continued)** | **Virginia (continued)** | **Virginia (continued)** |
| 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  | USD<br> 3,000<br>| $2797 |
| County of Isle of Wight, Econ. Dev. Auth., Health System Rev. Bonds (Riverside Health System), Series 2023, Assured <br> Guaranty insured, 5.25% 7/1/2043  | 1335 | 1396 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Williamsburg Landing), Series 2024-C-3, <br> 5.25% 12/1/2027  | 400 | 400 |
| 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 | 609 |
| City of Norfolk, GO Capital Rev. Ref. Bonds, Series 2014-C, 4.00% 8/1/2025 (preref. 8/1/2028)  | 500 | 500 |
| 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 2021-A, 5.00% 8/1/2032  | 3450 | 3840 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, 4.00% <br> 12/1/2036  | 575 | 560 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.00% <br> 12/1/2039  | 435 | 448 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2026  | 975 | 982 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2034  | 550 | 575 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 4.00% <br> 1/1/2037  | 1385 | 1340 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 7/1/2029  | 500 | 505 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 7/1/2031  | 2925 | 2925 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-3, 5.375% 9/1/2029  | 1075 | 1086 |
|  |  | 30884 |
| **Washington 3.02%** | **Washington 3.02%** | **Washington 3.02%** |
| 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 | 2950 |
| Central Puget Sound Regional Transit Auth., Sales Tax Improvement and Rev. Ref. Green Bonds, Series 2015-S-1, 5.00% <br> 11/1/2036 (preref. 11/1/2025)  | 1000 | 1007 |
| Central Puget Sound Regional Transit Auth., Sales Tax Improvement and Rev. Ref. Green Bonds, Series 2015-S-1, 4.00% <br> 11/1/2050 (preref. 11/1/2025)  | 3000 | 3012 |
| Certs. of Part. (State and Local Agcy. Real and Personal Property), Series 2025-A, 3.00% 1/1/2031  | 4110 | 4547 |
| Certs. of Part. (State and Local Agcy. Real and Personal Property), Series 2025-A, 5.00% 1/1/2032  | 3905 | 4368 |
| Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2043  | 500 | 435 |
| Energy Northwest, Electric Rev. and Rev. Ref. Bonds (Columbia Generating Station), Series 2023-A, 5.00% 7/1/2038  | 4385 | 4722 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2031  | 750 | 838 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2042  | 1000 | 1055 |
| Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2025-A, 5.00% 7/1/2033  | 2000 | 2266 |
| GO Bonds, Series 2020-A, 5.00% 8/1/2039  | 650 | 674 |
| GO Bonds, Series 2021-A-2, 5.00% 8/1/2039  | 1305 | 1363 |
| GO Bonds, Series 2024-C, 5.00% 2/1/2041  | 1490 | 1581 |
| GO Bonds, Series 2023-A, 5.00% 8/1/2044  | 1235 | 1279 |
| Health Care Facs. Auth., Rev. Bonds (Multicare Health System), Series 2015-B, 5.00% 8/15/2025  | 515 | 516 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-D, 5.00% 10/1/2041  | 1500 | 1500 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-C, 5.00% 10/1/2044  | 500 | 493 |
| Health Care Facs. Auth., Rev. Bonds (Seattle Cancer Care Alliance), Series 2021, 4.00% 12/1/2040 <sup>(a)</sup>  | 1790 | 1678 |
| Health Care Facs. Auth., Rev. Bonds (Virginia Mason Medical Center), Series 2017, 5.00% 8/15/2037  | 355 | 355 |
| 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)  | 800 | 814 |
| 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 | 263 |
| Housing Fin. Commission, Municipal Certs., Series 2021-1, 3.50% 12/20/2035  | 5634 | 5303 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 1.494% 4/20/2037 <sup>(b)</sup>  | 1691 | 167 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 3.375% 4/20/2037  | 3373 | 3069 |
| Housing Fin. Commission, Municipal Certs., Series 2024-1-A, 4.221% 3/20/2040 <sup>(b)</sup>  | 2474 | 2325 |

---

---

| | |
|:---|:---|
| 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>|
| **Washington (continued)** | **Washington (continued)** | **Washington (continued)** |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-B-1, 4.50% <br> 7/1/2030 <sup>(a)</sup>  | USD<br> 690<br>| $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 | 923 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living), Series 2015-A, 7.00% <br> 7/1/2045 (preref. 7/1/2025) <sup>(a)</sup>  | 2150 | 2150 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living), Series 2015-A, 7.00% <br> 7/1/2050 (preref. 7/1/2025) <sup>(a)</sup>  | 1500 | 1500 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2018-1-N, 4.00% 12/1/2048  | 200 | 201 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2020-2-N, 3.00% 12/1/2050  | 340 | 335 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Green Notes, Series 2021, 4.00% 7/1/2031  | 750 | 760 |
| County of King, Unlimited Tax GO Bonds, Series 2025-A, 5.00% 12/1/2038  | 6210 | 6864 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2021-E, 5.00% 6/1/2029  | 1000 | 1087 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2024-R-C, 5.00% 8/1/2031  | 540 | 605 |
| Motor Vehicle Fuel Tax GO Bonds, CAB, Series 2005-F, AMBAC insured, 0% 12/1/2029  | 1970 | 1716 |
| Motor Vehicle Fuel Tax GO Rev. Ref. Bonds, Series 2025-R-C, 5.00% 7/1/2028  | 4500 | 4811 |
| Motor Vehicle Fuel Tax GO Rev. Ref. Bonds, Series 2024-R-C, 5.00% 8/1/2030  | 2010 | 2226 |
| North Thurston Public Schools, Unlimited Tax GO Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2032  | 1750 | 1972 |
| 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 | 4109 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2028  | 5150 | 5394 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2029  | 3475 | 3682 |
| Various Purpose GO Bonds, Series 2025-R-A, 5.00% 7/1/2036  | 4935 | 5503 |
| Various Purpose GO Bonds, Series 2023-B, 5.00% 2/1/2037  | 5050 | 5518 |
| Various Purpose GO Bonds, Series 2024-C, 5.00% 2/1/2038  | 1095 | 1198 |
| Various Purpose GO Bonds, Series 2023-A, 5.00% 8/1/2046  | 1940 | 1984 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-B, 5.00% 7/1/2033  | 1065 | 1210 |
|  |  | 101518 |
| **West Virginia 0.22%** | **West Virginia 0.22%** | **West Virginia 0.22%** |
| 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>  | 1510 | 1541 |
| 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 | 1880 |
| 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 | 2758 |
| Hospital Fin. Auth., Hospital Rev. Ref. and Improvement Rev. Bonds (Vandalia Health Group), Series 2023-B, 6.00% <br> 9/1/2048  | 900 | 965 |
|  |  | 7546 |
| **Wisconsin 2.90%** | **Wisconsin 2.90%** | **Wisconsin 2.90%** |
| General Fund Annual Appropriation Rev. Ref. Bonds, Series 2019-A, 5.00% 5/1/2029 (preref. 5/1/2027)  | 3540 | 3687 |
| GO Bonds, Series 2019-B, 5.00% 5/1/2027  | 1330 | 1388 |
| GO Bonds, Series 2020, 5.00% 5/1/2034  | 1140 | 1220 |
| GO Bonds, Series 2024-C, 5.00% 5/1/2038  | 6485 | 7075 |
| GO Rev. Ref. Bonds, Series 2025-3, 5.00% 5/1/2032  | 2400 | 2718 |
| GO Rev. Ref. Bonds, Series 2025-1, 5.00% 5/1/2033  | 2060 | 2353 |
| 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 | 665 |
| Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance), Series 2013-B-1, 4.00% 11/15/2043  | 670 | 600 |
| 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  | 4120 | 4116 |
| Health and Educational Facs. Auth., Rev. Bonds (Dickson Hollow Phase II Project), Series 2024, 5.45% 10/1/2039  | 280 | 281 |
| Health and Educational Facs. Auth., Rev. Bonds (Hope Christian Schools Obligated Group), Series 2021, 3.00% <br> 12/1/2031  | 400 | 337 |

---

---

| | |
|:---|:---|
| **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>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| Health and Educational Facs. Auth., Rev. Bonds (Three Pillars Senior Living Communities), Series 2024-B-2, 4.20% <br> 8/15/2028  | USD<br> 350<br>| $349 |
| 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)  | 245 | 249 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2018-D, 4.00% 3/1/2047  | 1230 | 1235 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2019-A, 4.25% 3/1/2049  | 5875 | 5938 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2019-C, 3.75% 3/1/2050  | 3100 | 3104 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2025-A, 6.25% 9/1/2055  | 7665 | 8483 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds (Social Bonds), Series 2024-C, 6.00% 3/1/2055  | 2320 | 2530 |
| Public Fin. Auth., Air Cargo Rev. Bonds (AFCO Obligated Group), Series 2023, AMT, 5.00% 7/1/2025  | 265 | 265 |
| Public Fin. Auth., Charter School Rev. Bonds (Foundation Academy Charter School Project), Series 2024, 5.00% <br> 7/1/2035 <sup>(a)</sup>  | 700 | 715 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.00% 6/15/2034 <sup>(a)</sup>  | 2000 | 1993 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.50% 6/15/2049 <sup>(a)</sup>  | 3045 | 2769 |
| 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>  | 1470 | 1480 |
| 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>  | 700 | 672 |
| 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 | 669 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.375% 6/15/2039 <sup>(a)</sup>  | 190 | 182 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.70% 6/15/2044 <sup>(a)</sup>  | 140 | 133 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.875% 6/15/2054 <sup>(a)</sup>  | 105 | 98 |
| Public Fin. Auth., Exempt Facs. Rev. Ref. Bonds (Celanese Project), Series 2016-A, AMT, 5.00% 12/1/2025 <sup>(a)</sup>  | 2500 | 2504 |
| 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>  | 4402 | 4344 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Legacy Hills Project), Series 2024-A-1, 6.125% <br> 11/15/2037 <sup>(a)</sup>  | 2120 | 2035 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Mayfair Project), Series 2024-A-4, 5.50% <br>11/15/2032 <sup>(a)</sup>  | 4805 | 4767 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Sterling Traditions Project), CAB, Series 2025, 0% <br> 12/15/2041 <sup>(a)</sup>  | 21677 | 7458 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Two Step Project), CAB, Series 2024, 0% <br>12/15/2034 <sup>(a)</sup>  | 1725 | 978 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Wayside Project), Series 2024-A-2, 5.875% <br> 11/15/2027 <sup>(a)</sup>  | 1320 | 1319 |
| Public Fin. Auth., Limited Obligation Rev. Bonds (Town of Scarborough - The Downs Project), Series 2024, 5.00% <br> 8/1/2039  | 225 | 219 |
| Public Fin. Auth., Project Rev. Bonds (CFP3 - Eastern Michigan University Student Housing Project), Series 2022-A-1, <br> BAM insured, 5.00% 7/1/2030  | 700 | 754 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 4.00% 11/15/2037  | 600 | 580 |
| Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 5.00% 11/15/2041  | 655 | 659 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Givens Estates), Series 2021, 4.00% 12/1/2041  | 1000 | 870 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2042  | 750 | 761 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2043  | 1000 | 1009 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2044  | 1000 | 1004 |
| Public Fin. Auth., Rev. Bonds (Puerto Rico Toll Roads Monetization Project), Series 2024, AMT, 5.50% 7/1/2044  | 7000 | 7119 |
| Public Fin. Auth., Rev. Bonds (Wilson Preparatory Academy), Series 2019-A, 5.00% 6/15/2039 <sup>(a)</sup>  | 250 | 237 |
| Public Fin. Auth., Rev. Ref. Bonds (Celanese Corp.), Series 2016-C, AMT, 4.30% 11/1/2030  | 1140 | 1135 |
| Public Fin. Auth., Rev. Ref. Bonds (Roseman University of Health Sciences Project), Series 2022, 4.00% 4/1/2032 <sup>(a)</sup>  | 405 | 392 |
| 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>  | 600 | 623 |
| Public Fin. Auth., Special Rev. Bonds (Candela Project), Series 2023, 6.125% 12/15/2029 <sup>(a)</sup>  | 358 | 361 |
| 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>  | 973 | 973 |

---

---

| | |
|:---|:---|
| 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>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| Public Fin. Auth., Student Housing Rev. Bonds (Beyond Boone, LLC - Appalachian State University Project), Series <br> 2020-A, Assured Guaranty insured, 4.00% 7/1/2045  | USD<br> 600<br>| $539 |
| Public Fin. Auth., Student Housing Rev. Bonds (Beyond Boone, LLC - Appalachian State University Project), Series <br> 2020-A, Assured Guaranty insured, 4.00% 7/1/2050  | 1000 | 864 |
| 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 | 414 |
|  |  | 97305 |
| **Total bonds, notes & other debt instruments** (cost: $3,241,659,000) |  | 3214504 |
| Short-term securities 4.24% |  |  |
| **Municipals 4.24%** | **Municipals 4.24%** | **Municipals 4.24%** |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A., Inc. <br> Project), Series 2007-A, 4.05% 12/1/2030<sup>(b)</sup>  | 4300 | 4300 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A., Inc. <br> Project), Series 2009-D, 4.05% 12/1/2030<sup>(b)</sup>  | 10000 | 10000 |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A., Inc. <br> Project), Series 2010-J, 4.05% 11/1/2035<sup>(b)</sup>  | 3000 | 3000 |
| State of Tennessee, City of Clarksville, Public Building Auth., Pooled Fncg. Rev. Bonds, Series 2003, Bank of America <br> LOC, 4.13% 1/1/2033<sup>(b)</sup>  | 1200 | 1200 |
| State of Florida, City of Gainesville, Utilities System Rev. Bonds, Series 2019-C, 4.13% 10/1/2047<sup>(b)</sup>  | 6045 | 6045 |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2014-A, <br> 3.55% 11/15/2052<sup>(b)</sup>  | 15100 | 15100 |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. <br> Project), Series 2013, AMT, 3.70% 12/1/2035 (put 11/3/2025)<sup>(f)</sup>  | 5090 | 5091 |
| State of Minnesota, City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2025-D, 3.35% 11/15/2064<sup>(b)</sup>  | 9500 | 9500 |
| State of Alaska, City of Valdez, Marine Terminal Rev. Ref. Bonds (ExxonMobil Project), Series 2001, 4.05% 12/1/2029<sup>(b)</sup>  | 1150 | 1150 |
| State of Maryland, County of Montgomery, GO Consolidated Public Improvement Bonds, Series 2017-E, 3.85% <br> 11/1/2037<sup>(b)</sup>  | 4865 | 4865 |
| State of Tennessee, County of Montgomery, Public Building Auth., Pooled Fncg. Rev. Bonds (Tennessee County Loan <br> Pool), Series 2002, Bank of America LOC, 4.10% 4/1/2032<sup>(b)</sup>  | 1400 | 1400 |
| State of Hawaii, Dept. of Budget and Fin., Special Purpose Rev. Bonds (The Queen's Health Systems), Series 2025-C, <br> 3.55% 7/1/2051<sup>(b)</sup>  | 3300 | 3300 |
| State of Pennsylvania, Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series <br> 2019-B-2, AMT, 4.20% 4/1/2049 (put 7/15/2025)<sup>(f)</sup>  | 1600 | 1600 |
| State of Illinois, Fin. Auth., Demand Rev. Bonds (University of Chicago Medical Center), Series 2010-A, 3.85% <br> 8/1/2044<sup>(b)</sup>  | 3200 | 3200 |
| State of Florida, Fin. Auth., Econ. Dev. Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-A, AMT, 4.20% <br> 5/1/2034 (put 9/2/2025)<sup>(f)</sup>  | 5500 | 5501 |
| State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), <br> Series 2003-B, 3.60% 2/15/2033<sup>(b)</sup>  | 7900 | 7900 |
| State of Ohio, Hospital Rev. Bonds (Cleveland Clinic Health System Obligated Group), Series 2013-B-3, 3.60% <br> 1/1/2039<sup>(b)</sup>  | 595 | 595 |
| State of South Carolina, Jobs-Econ. Dev. Auth., Hospital Rev. Bonds (Prisma Health Obligated Group), Series 2018-B, <br> 3.95% 5/1/2048<sup>(b)</sup>  | 4620 | 4620 |
| State of Texas, Lower Neches Valley Auth. Industrial Dev. Corp., Exempt Facs. Rev. Ref. Bonds (ExxonMobil Project), <br> Series 2002-A, 4.10% 11/1/2029<sup>(b)</sup>  | 9205 | 9205 |
| State of Texas, Lower Neches Valley Auth. Industrial Dev. Corp., Rev. Bonds (ExxonMobil Project), Series 2010, 4.10% <br> 11/1/2038<sup>(b)</sup>  | 1225 | 1225 |
| State of New Hampshire, National Fin. Auth., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), <br> Series 2019-A-4, AMT, 4.50% 8/1/2038 (put 7/1/2025)<sup>(f)</sup>  | 2690 | 2691 |
| State of New York, New York City GO Bonds, Fiscal 2012, Series 2012-G-6, 4.00% 4/1/2042<sup>(b)</sup>  | 3920 | 3920 |
| State of New York, New York City GO Bonds, Fiscal 2013, Series 2013-F-3, 4.05% 3/1/2042<sup>(b)</sup>  | 5545 | 5545 |
| 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, 4.05% 6/15/2044<sup>(b)</sup>  | 2000 | 2000 |
| State of Washington, Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2025 | 3905 | 3905 |
| State of Michigan, Regents of the University of Michigan, General Rev. Bonds, Series 2012-B, 3.90% 4/1/2042<sup>(b)</sup>  | 9060 | 9060 |

---

---

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

---

------

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, Travis County Strategic Housing Fin. Corp., Multi Family Housing Rev. Bonds (Yager Flats), Series 2021, <br> 3.5% 9/1/2041 (put 2/1/2026)<sup>(f)</sup>  | USD<br> 4,000<br>| $4005 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Bonds, Series 2001-C, 3.90% 1/1/2032<sup>(b)</sup>  | 2120 | 2120 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds, Series 2005-B-3, 4.05% 1/1/2035<sup>(b)</sup>  | 10475 | 10475 |
|  |  | 142518 |
| **Total short-term securities** (cost: $142,510,000) |  | 142518 |
| **Total investment securities 99.88%** (cost: $3,384,169,000) |  | 3357022 |
| Other assets less liabilities 0.12% |  | 3946 |
| **Net assets 100.00%** |  | $3360968 |

---

**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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 339 | 9/30/2025 | USD70,520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $277 |
| 5 Year U.S. Treasury Note Futures | Long | 341 | 9/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 416 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 168 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (19197)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (477)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $216 |

---

**Restricted security** <sup>(d)</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 | $4665 | 0.15<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 $201,270,000, which represented 6.00% 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> Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933. The total value of all such restricted securities was $4,665,000, which represented 0.15% of the net assets of the fund. 

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

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| Agcy. = Agency |
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| 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 |

---

---

| |
|:---|
| 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 | **92** |

---

------

Capital Group Municipal High-Income ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 92.31% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alabama 3.33%** | **Alabama 3.33%** | **Alabama 3.33%** |
| 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> 850<br>| $858 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-B, 5.00% 10/1/2055 (put 9/1/2032)  | 500 | 527 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 8), Series 2022-A, 4.00% 12/1/2052 (put 12/1/2029)  | 100 | 99 |
| Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2024-B, 5.25% 7/1/2054 (put 6/1/2032)  | 1250 | 1338 |
| 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 Hoover, Industrial Dev. Board, Environmental Improvement Rev. Bonds (U.S. Steel Corp. Project), Series 2019, <br> AMT, 5.75% 10/1/2049  | 250 | 252 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2040  | 250 | 264 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2049  | 500 | 506 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.50% 10/1/2053  | 300 | 308 |
| 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  | 50 | 48 |
| 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  | 200 | 184 |
| 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  | 50 | 48 |
| Public Educational Building Auth. of Jacksonville, Higher Educational Facs. Rev. Bonds (JSU Foundation Project), Series <br> 2024-A, 5.00% 8/1/2056  | 500 | 493 |
| City of Selma, Industrial Dev. Board, Gulf Opportunity Zone Rev. Ref. Bonds (International Paper Co. Project), Series <br> 2019-A, 3.45% 11/1/2033 (put 10/1/2031)  | 100 | 98 |
| 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  | 155 | 157 |
| Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 1), Series 2021-A, 4.00% 11/1/2051 (put <br> 10/1/2028)  | 200 | 201 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-B, 5.25% 3/1/2055 (put 1/1/2033)  | 150 | 157 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2024-C, 5.00% 11/1/2055 (put <br> 11/1/2032)  | 500 | 527 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-A, 5.00% 1/1/2056 (put 6/1/2035)  | 250 | 255 |
|  |  | 6827 |
| **Alaska 0.10%** | **Alaska 0.10%** | **Alaska 0.10%** |
| Northern Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Bonds, CAB, Series 2021-B-2, 0% 6/1/2066  | 1700 | 204 |
| **Arizona 4.57%** | **Arizona 4.57%** | **Arizona 4.57%** |
| Agricultural Improvement and Power Dist., Electric System Rev. Bonds (Salt River Project), Series 2024-A, 5.00% <br> 1/1/2057  | 1000 | 1023 |
| City of Glendale, Industrial Dev. Auth., Rev. Ref. Bonds (The Terraces of Phoenix Project), Series 2018-A, 5.00% <br> 7/1/2048  | 530 | 470 |
| City of Glendale, Industrial Dev. Auth., Senior Living Rev. Bonds (Royal Oaks - Insirata Pointe), Series 2020-A, 5.00% <br> 5/15/2056  | 205 | 172 |
| City of Glendale, Industrial Dev. Auth., Senior Living Rev. Bonds (Royal Oaks Life Care Community), Series 2016, 5.00% <br> 5/15/2039  | 260 | 247 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2045  | 500 | 423 |
| Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2020, 4.00% <br> 11/1/2050  | 500 | 408 |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Jerome Fac. Project), Series <br> 2021-B, 4.00% 7/1/2051  | 100 | 82 |
| Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Macombs Fac. Project), Series <br> 2021-A, 4.00% 7/1/2041  | 200 | 177 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-A, 4.00% <br> 7/1/2042  | 100 | 83 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-B, 4.25% <br> 7/1/2042  | 325 | 279 |
| Industrial Dev. Auth., Education Facs. Rev. Bonds (Leman Academy of Excellence Projects), Series 2022-A, 4.50% <br> 7/1/2054  | 250 | 203 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-A, 5.00% 7/1/2048  | 250 | 238 |
| Industrial Dev. Auth., Education Rev. Bonds (Basis School Project), Series 2017-G, 5.00% 7/1/2047 <sup>(a)</sup>  | 130 | 122 |

---

---

| | |
|:---|:---|
| **93** | 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 (Doral Academy of Nevada - Fire Mesa and Red Rock Campus Projects), <br> Series 2019-A, 5.00% 7/15/2049  | USD<br> 250<br>| $221 |
| 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>  | 100 | 88 |
| Industrial Dev. Auth., Education Rev. Bonds (KIPP Nashville Projects), Series 2022-A, 5.00% 7/1/2057  | 250 | 231 |
| 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>  | 125 | 94 |
| Industrial Dev. Auth., Municipal Certs., Series 2019-2, Class X, interest only, 1.016% 5/20/2033 <sup>(b)(c)</sup>  | 999 | 36 |
| Industrial Dev. Auth., Municipal Certs., Series 2019-2, Class A, 3.625% 5/20/2033  | 396 | 380 |
| 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 | 172 |
| County of Maricopa, Industrial Dev. Auth., Charter School Rev. Bonds (Paradis Schools Projects), Series 2025, 5.875% <br> 7/1/2060 <sup>(a)</sup>  | 25 | 24 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2021-B, <br> 3.50% 7/1/2044 <sup>(a)(d)</sup>  | 100 | 77 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2019-A, <br> 5.00% 7/1/2049  | 100 | 97 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series 2025-A, <br> 5.50% 7/1/2060  | 210 | 206 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Paradise Schools Projects), Series 2016, 5.00% <br> 7/1/2036 <sup>(a)</sup>  | 100 | 100 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Paradise Schools Projects), Series 2016, 5.00% <br> 7/1/2047 <sup>(a)</sup>  | 250 | 224 |
| County of Maricopa, Industrial Dev. Auth., Education Rev. Ref. Bonds (Legacy Traditional Schools Projects), Series 2024, <br> 4.25% 7/1/2044  | 200 | 174 |
| 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>  | 250 | 208 |
| County of Maricopa, Pollution Control Rev. Ref. Bonds (El Paso Electric Co. Palo Verde Project), Series 2009-A, 3.60% <br> 2/1/2040  | 100 | 87 |
| 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>  | 250 | 236 |
| 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>  | 200 | 189 |
| City of Phoenix, Industrial Dev. Auth., Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2014-B, 3.25% 11/15/2052 <sup>(c)</sup>  | 2100 | 2100 |
| 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>  | 100 | 74 |
| 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>  | 125 | 125 |
| 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>  | 350 | 309 |
|  |  | 9379 |
| **Arkansas 0.85%** | **Arkansas 0.85%** | **Arkansas 0.85%** |
| Dev. Fin. Auth., Industrial Dev. Rev. Bonds (Big River Steel Project), Series 2019, AMT, 4.50% 9/1/2049 <sup>(a)</sup>  | 1050 | 1011 |
| Dev. Fin. Auth., Industrial Dev. Rev. Green Bonds (Big River Steel Project), Series 2020, AMT, 4.75% 9/1/2049 <sup>(a)</sup>  | 750 | 728 |
|  |  | 1739 |
| **California 9.43%** | **California 9.43%** | **California 9.43%** |
| Central Valley Energy Auth., Commodity Supply Rev. Bonds, Series 2025, 5.00% 12/1/2055 (put 8/1/2035)  | 130 | 139 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-C, 5.25% 1/1/2054 (put <br> 10/1/2031)  | 250 | 262 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-A, 5.00% 5/1/2054 (put <br> 4/1/2032)  | 105 | 111 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-B, 5.00% 1/1/2055 (put <br> 12/1/2032)  | 200 | 207 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-A, 5.00% 1/1/2056 (put <br> 5/1/2035)  | 100 | 103 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Glendale Properties), Series 2021-A-2, 4.00% 8/1/2047 <sup>(a)</sup>  | 100 | 75 |
| Community Housing Agcy., Essential Housing Rev. Bonds (Summit at Sausalito Apartments), Series 2021-A-2, 4.00% <br> 2/1/2050 <sup>(a)</sup>  | 100 | 74 |

---

---

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

---

------

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 Housing Agcy., Essential Housing Rev. Bonds (The Exchange at Bayfront Apartments), Series 2021-A-2, <br> 4.00% 8/1/2051 <sup>(a)</sup>  | USD<br> 500<br>| $227 |
| 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>  | 150 | 103 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (777 Place - Pomona), Series 2021-B, <br> 4.00% 5/1/2057 <sup>(a)</sup>  | 100 | 68 |
| 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>  | 100 | 76 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Escondido Portfolio), Series 2021-B, <br> 4.00% 12/1/2059 <sup>(a)</sup>  | 100 | 52 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Parallel-Anaheim), Series 2021-A, 4.00% <br> 8/1/2056 <sup>(a)</sup>  | 555 | 476 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-A-1, <br> 2.65% 12/1/2046 <sup>(a)</sup>  | 95 | 73 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-A-2, <br> 3.00% 12/1/2056 <sup>(a)</sup>  | 500 | 329 |
| CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series 2021-B, <br> 4.00% 12/1/2056 <sup>(a)</sup>  | 250 | 182 |
| 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>  | 500 | 371 |
| 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>  | 100 | 67 |
| 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 | 120 |
| East County Advanced Water Purification JT Powers Auth. Green Bonds, Series 2024-A-1, 3.125% 9/1/2026  | 2000 | 2006 |
| Educational Facs. Auth., Rev. Bonds (Saint Mary's College of California), Series 2023-A, 5.50% 10/1/2053  | 500 | 491 |
| Enterprise Dev. Auth., Charter School Rev. Bonds (The Rocklin Academy Project), Series 2024, 5.00% 6/1/2064 <sup>(a)</sup>  | 250 | 224 |
| Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, CAB, Series 2021-B-2, <br> 0% 6/1/2066  | 3250 | 345 |
| Hastings Campus Housing Fin. Auth., Campus Housing Rev. Green Bonds, Series 2020-A, 5.00% 7/1/2061 <sup>(a)</sup>  | 400 | 342 |
| Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2024-A, 5.00% 12/1/2028  | 100 | 106 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036  | 189 | 176 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (WFCS Portfolio Projects), Series 2021-A-1, 5.00% 1/1/2056 <sup>(a)</sup>  | 125 | 104 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (WFCS Portfolio Projects), CAB, Series 2021-B, 0% 1/1/2061 <sup>(a)</sup>  | 5000 | 364 |
| City of Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 9/1/2031  | 500 | 502 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2036  | 110 | 118 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2038  | 250 | 264 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, 5.00% 7/1/2050  | 65 | 65 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-D, 5.00% 7/1/2038  | 100 | 105 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.25% 7/1/2053  | 100 | 102 |
| 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 | 232 |
| City of Los Angeles, Wastewater System Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2055  | 1000 | 1028 |
| 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 | 88 |
| Municipal Fin. Auth., Rev. Bonds (LINXS APM Project), Series 2018-A, AMT, 5.00% 6/30/2029  | 250 | 258 |
| Municipal Fin. Auth., Rev. Bonds (LINXS APM Project), Series 2018-A, AMT, 5.00% 12/31/2043  | 250 | 244 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2032  | 630 | 631 |
| Municipal Fin. Auth., Special Fac. Rev. Bonds (United Airlines, Inc. Los Angeles International Airport Project), Series <br> 2019, AMT, 4.00% 7/15/2029  | 550 | 539 |
| 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>  | 190 | 169 |
| 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>  | 245 | 201 |
| Municipal Fin. Auth., Special Fin. Agcy., Essential Housing Rev. Bonds (Latitude 33), Series 2021-A-2, 4.00% <br>12/1/2045 <sup>(a)</sup>  | 100 | 76 |
| 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>  | 100 | 63 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-CA, 3.925% 7/20/2039 <sup>(c)</sup>  | 124 | 116 |
| 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 |
| 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>  | 100 | 76 |

---

---

| | |
|:---|:---|
| **95** | 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 Palm Desert, Community Facs. Dist. No. 2021-1 (University Park), Special Tax Bonds, Series 2021, 4.00% <br> 9/1/2051  | USD<br> 100<br>| $83 |
| Palomar Health, GO Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 11/1/2042  | 425 | 323 |
| Pollution Control Fncg. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2023, AMT, <br> 3.70% 7/1/2043 (put 8/15/2025) <sup>(a)</sup>  | 350 | 350 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 6.50% 6/1/2054 <sup>(a)</sup>  | 250 | 234 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 6.375% 6/1/2059 <sup>(a)</sup>  | 750 | 676 |
| River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2024, <br> 5.00% 9/1/2039  | 150 | 152 |
| 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 | 242 |
| 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 | 214 |
| San Diego Community College Dist., GO Bonds, 2024 Election, Series 2024-A-1, 5.00% 8/1/2055  | 1000 | 1046 |
| 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 | 157 |
| City and County of San Francisco, Public Utilities Commission, Wastewater Rev. Green Bonds, Series 2024-C, 5.00% <br> 10/1/2045  | 1000 | 1049 |
| 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>  | 190 | 184 |
| 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 | 83 |
| San Joaquin Valley Clean Energy Auth., Clean Energy Project Rev. Green Bonds, Series 2025-A, 5.50% 1/1/2056 (put <br> 7/1/2025)  | 100 | 110 |
| Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series 2024-1, <br> 5.00% 7/1/2053  | 100 | 101 |
| Statewide Communities Dev. Auth., Rev. Bonds (Lancer Educational Student Housing Project), Series 2019-A, 5.00% <br> 6/1/2051 <sup>(a)</sup>  | 300 | 273 |
| Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2014-A, 5.50% <br> 12/1/2054  | 150 | 148 |
| Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2016-A, 5.25% <br> 12/1/2056 <sup>(a)</sup>  | 300 | 288 |
| 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 |
| 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 | 38 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 8/1/2039  | 1000 | 1094 |
|  |  | 19355 |
| **Colorado 8.45%** | **Colorado 8.45%** | **Colorado 8.45%** |
| County of Adams, Lakeridge Metropolitan Dist. No. 2, Rev. Ref. G.O and Improvement Bonds, Series 2019, 5.25% <br> 12/1/2048  | 500 | 467 |
| 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>  | 500 | 445 |
| Aerotropolis Regional Transportation Auth., Special Rev. Bonds, Series 2021, 4.375% 12/1/2052  | 500 | 400 |
| City of Aurora, Aurora Crossroads Metropolitan Dist. No. 2, Limited Tax GO Bonds, Series 2020-A, 5.00% 12/1/2050  | 500 | 467 |
| 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>  | 800 | 641 |
| City of Aurora, Velocity Metropolitan Dist. No. 3, Limited Tax GO Bonds, Series 2019, 5.50% 12/1/2048  | 500 | 461 |
| City of Aurora, Windler Public Improvement Auth., Limited Tax Supported Rev. Bonds, Series 2021-A-1, 4.125% <br> 12/1/2051  | 1000 | 778 |
| City of Brighton, Prairie Corner Metropolitan Dist., Limited Tax GO Bonds, Series 2021, 4.875% 12/1/2051  | 500 | 402 |
| City of Brighton, Ridgeline Vista Metropolitan Dist., GO Limited Tax Bonds, Series 2021-A, 5.25% 12/1/2060 <sup>(e)</sup>  | 500 | 447 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2046  | 500 | 444 |
| City of Colorado Springs, Colorado Crossing Metropolitan Dist. No. 2, Limited Tax GO Bonds, Series 2020-A-2 5.00% <br> 12/1/2050  | 500 | 450 |
| 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  | 500 | 465 |
| 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>  | 500 | 468 |
| 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 | 447 |

---

---

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

---

------

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)** |
| Conexus Metropolitan Dist. No. 1, Limited Tax GO and Special Rev. Bonds, Series 2025-A, 6.25% 12/1/2055  | USD<br> 500<br>| $487 |
| 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 | 462 |
| 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  | 1000 | 1000 |
| Denver Health and Hospital Auth., Healthcare Rev. Bonds, Series 2025-A, 6.00%, 12/1/2055  | 40 | 42 |
| County of Douglas, Crystal Crossing Metropolitan Dist., Limited Tax Rev. Ref. GO Bonds, Series 2016, 5.25% 12/1/2040  | 500 | 500 |
| Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Aspen View Academy Project), Series 2021, 4.00% <br> 5/1/2061  | 100 | 75 |
| 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  | 500 | 477 |
| Town of Erie, Four Corners Business Improvement Dist., Limited Tax Rev. Bond, Series 2022, 6.00% 12/1/2052  | 500 | 492 |
| Town of Erie, Westerly Metropolitan Dist. No. 4, Limited Tax GO Bonds, Series 2021-A-1, 5.00% 12/1/2050  | 1000 | 912 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2020-A, 4.00% 12/1/2050  | 125 | 102 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.125% 12/1/2055  | 220 | 215 |
| Health Facs. Auth., Rev. Ref. and Improvement Bonds (Christian Living Neighborhoods Project), Series 2019, 4.00% <br> 1/1/2038  | 120 | 109 |
| Health Facs. Auth., Rev. Ref. Bonds (Christian Living Neighborhoods Project), Series 2016, 5.00% 1/1/2037  | 100 | 100 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-B, Class I, 5.75% 11/1/2054  | 425 | 465 |
| County of Jefferson, Hogback Metropolitan Dist., Limited Tax GO Bonds (Convertible to Unlimited Tax), Series <br> 2021-A-3, 5.00% 12/1/2051  | 500 | 447 |
| 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>  | 500 | 462 |
| Lafferty Canyon Metropolitan Dist. Limited Tax GO Bonds, Series 2025-B, 5.625% 12/1/2055  | 500 | 477 |
| Town of Lochbuie, Silver Peaks Metropolitan Dist. No. 3, GO Senior Bonds, Series 2020-A, 5.00% 12/1/2050  | 500 | 455 |
| 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  | 1000 | 787 |
| City of Loveland, Centerra metropolitan Dist. No. 1, Rev. Ref. and Improvement Bonds, Series 2020-A, 5.00% <br> 12/1/2051  | 500 | 467 |
| 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>  | 500 | 345 |
| Public Auth. for Colorado Energy, Natural Gas Purchase Rev. Bonds, Series 2008, 6.50% 11/15/2038  | 100 | 118 |
| Town of Severance, Hunters Overlook Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. Bonds, Series 2024, 4.25% <br> 12/1/2054  | 150 | 136 |
| Sterling Ranch Community Auth. Board, Special Improvement Dist. No. 1, Special Assessment Rev. Bonds, Series 2024, <br> 5.625% 12/1/2043  | 100 | 100 |
| Tree Farm Metropolitan Dist., GO Limited Tax Bonds, Series 2021, 4.50% 12/1/2041 <sup>(a)</sup>  | 500 | 430 |
| City of Wheat Ridge, Longs Peak Metropolitan Dist., Limited Tax GO Bonds, Series 2021, 5.25% 12/1/2051 <sup>(a)(e)</sup>  | 500 | 466 |
| 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 | 437 |
|  |  | 17347 |
| **Connecticut 0.39%** | **Connecticut 0.39%** | **Connecticut 0.39%** |
| 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>  | 350 | 284 |
| 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>  | 250 | 261 |
| 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>  | 250 | 251 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.25% 10/1/2060  | 15 | 14 |
|  |  | 810 |
| **Delaware 0.03%** | **Delaware 0.03%** | **Delaware 0.03%** |
| Econ. Dev. Auth., Exempt Fac. Rev. Ref. Bonds (NRG Energy Project), Series 2020-A, 1.25% 10/1/2040 (put 10/1/2025)  | 65 | 64 |
| **District of Columbia 0.09%** | **District of Columbia 0.09%** | **District of Columbia 0.09%** |
| Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 6/1/2046  | 100 | 95 |
| Rev. Ref. Bonds (KIPP DC Issue), Series 2017-A, 5.00% 7/1/2025  | 100 | 100 |
|  |  | 195 |

---

---

| | |
|:---|:---|
| **97** | 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 5.81%** | **Florida 5.81%** | **Florida 5.81%** |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2043  | USD<br> 100<br>| $95 |
| City of Atlantic Beach, Health Care Facs. Rev. Ref. Bonds (Fleet Landing Project), Series 2013-A, 5.00% 11/15/2037  | 150 | 150 |
| 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>  | 500 | 430 |
| 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>  | 2250 | 176 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, 5.125% <br> 12/15/2054  | 100 | 89 |
| Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, 5.125% <br> 12/15/2059  | 100 | 88 |
| 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>  | 25 | 24 |
| County of Collier, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings, Inc.), Series 2015-A, 5.00% 5/1/2045  | 50 | 48 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Charter Academy Project), Series 2022, 5.00% 10/1/2042 <sup>(a)</sup>  | 100 | 94 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2047  | 100 | 96 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 4.00% 6/15/2052  | 195 | 155 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2052  | 250 | 234 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2020-C, 5.00% 9/15/2040 <sup>(a)</sup>  | 150 | 137 |
| 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>  | 500 | 498 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2019, AMT, 5.00% 5/1/2029 <sup>(a)</sup>  | 850 | 859 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2021, AMT, 3.00% 6/1/2032  | 500 | 453 |
| City of Haines City, Charles Cove Community Dev. Dist., Special Assessment Rev. Bonds, Series 2020, 4.25% 5/1/2040  | 225 | 211 |
| City of Haines City, Charles Cove Community Dev. Dist., Special Assessment Rev. Bonds, Series 2020, 4.375% <br> 5/1/2050  | 250 | 218 |
| City of Haines City, Charles Cove Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 4.00% 5/1/2052  | 160 | 129 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 3.875% 5/1/2039  | 160 | 145 |
| County of Hillsborough, Industrial Dev. Auth., Hospital Rev. Bonds (Tampa General Hospital Project), Series 2020-A, <br> 3.50% 8/1/2055  | 500 | 362 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2025-1, 6.25% 1/1/2056  | 150 | 166 |
| City of Jacksonville, Boggy Branch Community Dev. Dist., Special Assessment Bonds, Series 2021, 4.00% 5/1/2051  | 250 | 196 |
| Kingston One Community Dev. Dist., Special Assessment Bonds (Assessment Area One - 2025 Project), Series 2025, <br> 6.00% 5/1/2057 <sup>(a)</sup>  | 350 | 349 |
| 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 | 201 |
| County of Lee, Esplanade Lake Club Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-2, 4.00% <br> 11/1/2040  | 100 | 89 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point Obligated Group), Series 2024-C, 5.00% <br> 11/15/2054  | 250 | 237 |
| County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point Obligated Group), Series 2024-A, 5.25% <br> 11/15/2054  | 270 | 266 |
| County of Lee, Portico Community Dev. Dist., Special Assessment Rev. Ref. and Improvement Bonds, Series 2020-1, <br> 3.50% 5/1/2037  | 245 | 215 |
| 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  | 250 | 225 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2017-B, AMT, 5.00% 10/1/2040  | 500 | 500 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 4.25% <br> 5/1/2053  | 750 | 616 |
| County of Orange, Health Facs. Auth., Rev. Bonds (Presbyterian Retirement Communities Obligated Group Project), <br> Series 2024, 5.00% 8/1/2054  | 750 | 705 |
| 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  | 110 | 112 |
| 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  | 250 | 237 |
| County of Palm Beach, Health Facs. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2023-C, 7.625% 5/15/2058  | 240 | 265 |
| 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  | 250 | 221 |
| County of Polk, Westside Haines City Community Dev. Dist., Special Assessment Bonds (Assessment Area One <br> Project), Series 2021, 3.25% 5/1/2041  | 525 | 424 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 9/1/2044  | 15 | 14 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2021-A, 4.00% 9/1/2051  | 500 | 392 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2021-A, 4.00% 9/1/2056  | 500 | 381 |

---

---

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

---

------

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 Port St. Lucie, Tradition Community Dev. Dist. No. 9, Special Assessment Bonds (Community Infrastructure), <br> Series 2025, 5.65% 5/1/2056  | USD<br> 250<br>| $238 |
| 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 | 244 |
| County of St. Johns, Industrial Dev. Auth., Senior Living Rev. Bonds (Vicars Landing Project), Series 2021-A, 4.00% <br> 12/15/2050  | 100 | 72 |
| City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2019, 5.00% <br> 1/1/2047  | 150 | 135 |
| City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2021, 3.25% 5/1/2052  | 260 | 179 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2023, 5.25% <br>5/1/2054 <sup>(a)</sup>  | 100 | 98 |
| City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.80% <br>5/1/2055 <sup>(a)</sup>  | 500 | 456 |
|  |  | 11924 |
| **Georgia 0.87%** | **Georgia 0.87%** | **Georgia 0.87%** |
| City of Atlanta, Dev. Auth. Senior Rev. Bonds (Westside Gulch Area Project), Series 2024-A-2, 5.50% 4/1/2039 <sup>(a)</sup>  | 300 | 302 |
| City of Atlanta, Urban Redev. Agcy., Rev. Bonds (Atlanta Beltline Trail Completion Project), Series 2021, 3.875% <br> 7/1/2051 <sup>(a)</sup>  | 250 | 203 |
| County of Burke, Dev. Auth., Pollution Control Rev. Bonds (Oglethorpe Power Corp. Vogtle Project), Series 2013-A, <br> 3.60% 1/1/2040 (put 2/1/2030)  | 250 | 252 |
| 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>  | 100 | 101 |
| County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.25% 10/1/2054  | 55 | 55 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-A, 5.00% 5/1/2054 (put 9/1/2031)  | 500 | 529 |
| 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 | 175 |
|  |  | 1790 |
| **Guam 0.05%** | **Guam 0.05%** | **Guam 0.05%** |
| Business Privilege Tax Rev. Ref. Bonds, Series 2015-D, 4.00% 11/15/2039  | 115 | 104 |
| **Hawaii 0.24%** | **Hawaii 0.24%** | **Hawaii 0.24%** |
| Airports System Rev. Bonds, Series 2025-A, AMT, 5.50% 7/1/2054  | 120 | 126 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2017-B, AMT, 4.00% <br> 3/1/2037  | 255 | 240 |
| Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2019, 3.20% 7/1/2039  | 150 | 126 |
|  |  | 492 |
| **Idaho 0.05%** | **Idaho 0.05%** | **Idaho 0.05%** |
| Health Facs. Auth., Rev. Bonds (Terraces of Boise), Series 2021-A, 4.55% 10/1/2056  | 130 | 103 |
| **Illinois 5.02%** | **Illinois 5.02%** | **Illinois 5.02%** |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2036  | 510 | 515 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2041  | 500 | 484 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2022-A, 5.00% 12/1/2047  | 100 | 92 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C, Assured <br> Guaranty insured, 5.00% 12/1/2027  | 250 | 259 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H, 5.00% <br> 12/1/2036  | 500 | 487 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-A, 4.00% <br> 12/1/2047  | 250 | 198 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), CAB, Series 2019-A, 0% <br> 12/1/2025  | 250 | 246 |
| City of Chicago, GO Bonds, Series 2025-A, 6.00% 1/1/2050  | 250 | 258 |
| City of Chicago, GO Bonds (Chicago Works), Series 2023-A, 4.00% 1/1/2035  | 400 | 387 |
| City of Chicago, GO Bonds (Chicago Works), Series 2023-A, 5.25% 1/1/2038  | 150 | 153 |
| City of Chicago, O'Hare International Airport, Special Facs. Rev. Bonds (Trips Obligated Group), Series 2018, AMT, <br> 5.00% 7/1/2048  | 140 | 134 |

---

---

| | |
|:---|:---|
| **99** | 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)** |
| 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  | USD<br> 635<br>| $596 |
| City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds (Dedicated Tax <br> Rev.), Series 2016-A, 7.00% 12/1/2044  | 250 | 251 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2046  | 500 | 500 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2021-A, 4.00% 5/1/2040  | 50 | 45 |
| Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 5.00% 8/15/2035  | 25 | 25 |
| Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 4.125% 8/15/2037  | 1000 | 1001 |
| Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2025, 5.00% 8/15/2041  | 210 | 215 |
| Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 5.00% 8/15/2044  | 250 | 251 |
| Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2023, AMT, 4.60% 10/1/2053 <br> (put 10/1/2026)  | 100 | 101 |
| 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  | 250 | 232 |
| GO Bonds, Series 2021-B, 3.00% 12/1/2041  | 140 | 104 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2045  | 500 | 509 |
| Housing Dev. Auth., Housing Rev. Green Bonds, Series 2021-B, 3.00% 4/1/2051  | 225 | 221 |
| Housing Dev. Auth., Rev. Social Bonds, Series 2025-A, 6.25% 10/1/2055  | 500 | 561 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, National <br> insured, 0% 6/15/2036  | 250 | 156 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2020-A, 5.00% <br> 6/15/2050  | 1000 | 979 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 12/15/2036  | 1000 | 605 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2022-A, 0% <br> 6/15/2039  | 220 | 114 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> Assured Guaranty insured, 0% 6/15/2043  | 400 | 163 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM insured, <br> 5.00% 4/1/2033  | 350 | 369 |
| Board of Trustees of Northern Illinois University, Auxiliary Facs. System Rev. Ref. Bonds, Series 2020-B, BAM insured, <br> 4.00% 4/1/2041  | 100 | 91 |
|  |  | 10302 |
| **Indiana 1.22%** | **Indiana 1.22%** | **Indiana 1.22%** |
| Fin. Auth., Educational Facs. Rev. Bonds (Seven Oaks Classical School Project), Series 2021-A, 5.00% 6/1/2041  | 100 | 90 |
| Fin. Auth., Environmental Improvement Rev. Ref. Bonds (U.S. Steel Corp. Project), Series 2021-A, 4.125% 12/1/2026  | 25 | 25 |
| Fin. Auth., Hospital Rev. Ref. Bonds (Methodist Hospitals, Inc.), Series 2024-A, 5.50% 9/15/2044  | 645 | 655 |
| Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-B, 3.00% 11/1/2030  | 265 | 258 |
| Fin. Auth., Pollution Control Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2010-B, 2.50% 11/1/2030  | 310 | 290 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2053  | 100 | 91 |
| Fin. Auth., Rev. Ref. Bonds (BHI Senior Living Obligated Group), Series 2021-A, 4.00% 11/15/2041  | 500 | 440 |
| Fin. Auth., Student Housing Rev. Bonds (PRG - UINDY Properties LLC), Series 2025, 5.75% 7/1/2060  | 35 | 33 |
| 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)  | 500 | 500 |
| City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2021, AMT, 3.00% <br> 11/1/2051  | 170 | 115 |
|  |  | 2497 |
| **Iowa 0.61%** | **Iowa 0.61%** | **Iowa 0.61%** |
| Fin. Auth., Rev. Bonds (Wesley Retirement Services, Inc.), Series 2025-BC, 6.00% 12/1/2055  | 500 | 462 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2019-B, AMT, 3.00% 12/1/2039  | 150 | 142 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-C, AMT, 5.00% 12/1/2054  | 55 | 49 |
| Tobacco Settlement Auth., Tobacco Settlement Asset-Backed Bonds, CAB, Series 2021-B-2, 0% 6/1/2065  | 4070 | 596 |
|  |  | 1249 |

---

---

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

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Kansas 0.33%** | **Kansas 0.33%** | **Kansas 0.33%** |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2022-A, 3.60% 6/1/2047  | USD<br> 240<br>| $175 |
| 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>  | 500 | 512 |
|  |  | 687 |
| **Kentucky 0.43%** | **Kentucky 0.43%** | **Kentucky 0.43%** |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 3.70% 1/1/2032 <sup>(a)</sup>  | 565 | 555 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 4.75% 6/1/2040  | 60 | 60 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2025-A, 5.25% 6/1/2055 (put 12/1/2029)  | 245 | 259 |
|  |  | 874 |
| **Louisiana 0.68%** | **Louisiana 0.68%** | **Louisiana 0.68%** |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Projects), <br> Series 2021-B, 2.50% 4/1/2036  | 250 | 203 |
| Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Westlake Chemical Corp. <br> Projects), Series 2017, 3.50% 11/1/2032  | 350 | 337 |
| Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 6.15% 6/15/2055 <sup>(a)</sup>  | 250 | 251 |
| Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 6.20% 6/15/2055 <sup>(a)</sup>  | 250 | 245 |
| Public Facs. Auth., Rev. Ref. Bonds (Lake Charles Academy Foundation Project), Series 2024-A, 5.00% 12/15/2043 <sup>(a)</sup>  | 100 | 93 |
| 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>  | 250 | 266 |
|  |  | 1395 |
| **Maryland 0.40%** | **Maryland 0.40%** | **Maryland 0.40%** |
| 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 | 227 |
| Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2023-E, 6.25% <br> 3/1/2054  | 120 | 130 |
| 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>  | 130 | 132 |
| Econ. Dev. Corp., Student Housing Rev. Bonds (Morgan State University Harper-Tubman Project), Series 2025-A, 5.00% <br> 7/1/2045  | 220 | 220 |
| Econ. Dev. Corp., Student Housing Rev. Bonds (Morgan State University Harper-Tubman Project), Series 2025-A, 5.00% <br> 7/1/2060  | 120 | 118 |
|  |  | 827 |
| **Massachusetts 0.40%** | **Massachusetts 0.40%** | **Massachusetts 0.40%** |
| Dev. Fin. Agcy., Rev. Bonds (Brown University Health Obligated Group Issue), Series 2025-A, 5.50% 8/15/2050  | 250 | 257 |
| Dev. Fin. Agcy., Rev. Bonds (PRG Medford Properties, Inc. Issue - Tufts University Student Housing Project.), Series <br> 2025, 5.25% 6/1/2065  | 150 | 151 |
| Dev. Fin. Agcy., Rev. Ref. Bonds (Newbridge on the Charles, Inc. Issue), Series 20, 5.00% 10/1/2057 <sup>(a)</sup>  | 250 | 231 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2021-B, AMT, 2.00% 7/1/2037  | 210 | 179 |
|  |  | 818 |
| **Michigan 0.68%** | **Michigan 0.68%** | **Michigan 0.68%** |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2032  | 250 | 258 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 4.00% 4/1/2040  | 100 | 91 |
| City of Flint, Hospital Building Auth., Rev. and Rev. Ref. Bonds (Hurley Medical Center), Series 2020, 4.00% 7/1/2038  | 250 | 234 |
| City of Grand Rapids Econ. Dev. Corp., Rev. Ref. Bonds (Beacon Hill Estate Project), Series 2017-A, 5.00% 11/1/2037  | 100 | 94 |
| City of Kentwood Econ. Dev. Corp., Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, <br> 5.00% 11/15/2041  | 250 | 238 |
| Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (United Methodist Retirement Communities, Inc. Project), <br> Series 2019, 5.00% 11/15/2049  | 250 | 225 |
| 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)  | 250 | 249 |
|  |  | 1389 |

---

---

| | |
|:---|:---|
| **101** | 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>|
| **Minnesota 0.04%** | **Minnesota 0.04%** | **Minnesota 0.04%** |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2023, AMT, 4.00% 11/1/2042  | USD<br> 100<br>| $93 |
| **Mississippi 0.47%** | **Mississippi 0.47%** | **Mississippi 0.47%** |
| 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>  | 150 | 152 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016-A, 5.00% 9/1/2046  | 100 | 96 |
| 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>  | 725 | 714 |
|  |  | 962 |
| **Missouri 1.60%** | **Missouri 1.60%** | **Missouri 1.60%** |
| 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>  | 100 | 92 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2021, 4.00% <br> 8/1/2041  | 250 | 213 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2016-B, 5.00% <br> 2/1/2034  | 120 | 120 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2019-A, 5.00% <br> 2/1/2042  | 250 | 246 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2016-B, 5.00% <br> 2/1/2046  | 250 | 231 |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2019-C, 4.00% <br> 2/1/2048  | 600 | 479 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-E, 6.00% 5/1/2055  | 625 | 687 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-A, 6.00% 5/1/2056  | 290 | 317 |
| 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>  | 450 | 419 |
| 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  | 70 | 71 |
| 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  | 350 | 318 |
| 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  | 100 | 94 |
|  |  | 3287 |
| **Nevada 0.79%** | **Nevada 0.79%** | **Nevada 0.79%** |
| Dept. of Business and Industry, Rev. Green Bonds (Brightlight West Passenger Rail Project), Series 2025-A, AMT, 9.50% <br> 1/1/2065 (put 1/1/2033) <sup>(a)</sup>  | 150 | 142 |
| County of Clark, Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series 2010, 2.10% 6/1/2031  | 250 | 219 |
| City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series 2021, <br> 3.125% 6/1/2046  | 105 | 73 |
| City of Las Vegas, Special Improvement Dist. No. 815 (Summerlin Village 25), Local Improvement Bonds, Series 2020, <br> 5.00%% 12/1/2049  | 100 | 94 |
| 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  | 585 | 471 |
| City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series 2024, <br> 5.00% 12/1/2054  | 200 | 185 |
| 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>  | 250 | 232 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.75% 6/1/2033  | 100 | 102 |
| City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 4.75% 6/1/2034  | 100 | 101 |
|  |  | 1619 |

---

---

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

---

------

Capital Group Municipal High-Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **New Hampshire 3.63%** | **New Hampshire 3.63%** | **New Hampshire 3.63%** |
| 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>  | USD<br> 100<br>| $96 |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (Granite Edvance Corp. Issue), Series 2024-B, AMT, <br> 4.00% 11/1/2044  | 5 | 4 |
| Health and Education Facs. Auth., Rev. Bonds (Dartmouth College Issue), Series 2007-B, 4.00% 6/1/2041 <sup>(c)</sup>  | 1090 | 1090 |
| Health and Education Facs. Auth., Rev. Bonds (Dartmouth Health Obligated Group Issue), Series 2025, 5.50% 8/1/2050  | 250 | 261 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2024-A, 4.53% <br> 10/15/2034 <sup>(a)</sup>  | 100 | 100 |
| National Fin. Auth., Municipal Certs., Series 2022-1, Class A, 4.375% 9/20/2036  | 961 | 931 |
| National Fin. Auth., Municipal Certs., Series 2022-2, Class A, 4.00% 10/20/2036  | 482 | 454 |
| National Fin. Auth., Municipal Certs., Series 2023-2, Class A, 3.875% 1/20/2038  | 420 | 384 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-US, 4.183% 11/20/2039 <sup>(c)</sup>  | 124 | 120 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-CA, 3.925% 7/20/2040 <sup>(c)</sup>  | 500 | 436 |
| National Fin. Auth., Municipal Certs., Series 2025-1, Class A-1, 4.168% 1/20/2041 <sup>(c)</sup>  | 499 | 474 |
| National Fin. Auth., Municipal Certs., Series 2024-1, Class A, 4.25% 7/20/2041  | 493 | 471 |
| National Fin. Auth., Municipal Certs., Series 2024-3, Class A, 4.163% 10/20/2041 <sup>(c)</sup>  | 273 | 254 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-US, 4.183% 5/20/2042 <sup>(c)</sup>  | 250 | 214 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-A, AMT, 4.00% 11/1/2027 <sup>(a)</sup>  | 100 | 100 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-C, AMT, 4.875% 11/1/2042 <sup>(a)</sup>  | 250 | 230 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.50% 6/1/2055  | 250 | 256 |
| National Fin. Auth., Senior Living Rev. Ref. Bonds (Springpoint Senior Living Project), Series 2021, 4.00% 1/1/2041  | 600 | 515 |
| National Fin. Auth., Senior Living Rev. Ref. Bonds (Springpoint Senior Living Project), Series 2021, 4.00% 1/1/2051  | 250 | 185 |
| National Fin. Auth., Special Rev. Bonds (Grand Prairie Project), Series 2024, 5.875% 12/15/2032 <sup>(a)</sup>  | 275 | 270 |
| 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>  | 500 | 273 |
| 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>  | 200 | 203 |
| National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2025-A, 5.05% <br> 6/15/2035 <sup>(a)</sup>  | 130 | 130 |
|  |  | 7451 |
| **New Jersey 0.74%** | **New Jersey 0.74%** | **New Jersey 0.74%** |
| 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  | 250 | 245 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2022, AMT, 4.00% <br> 12/1/2041  | 105 | 104 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2025, AMT, 4.50% <br> 12/1/2045  | 140 | 139 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2020-A, AMT, 3.50% 12/1/2039  | 250 | 242 |
| South Jersey Transportation Auth., Transportation System Rev. Ref. Bonds, Series 2020-A, 5.00% 11/1/2045  | 75 | 75 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-BB, 5.00% 6/15/2046  | 500 | 507 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2024-AA, 5.25% 6/15/2041  | 100 | 106 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-A, 5.25% 1/1/2055  | 100 | 104 |
|  |  | 1522 |
| **New Mexico 0.03%** | **New Mexico 0.03%** | **New Mexico 0.03%** |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2025-A, Class I, 5.75% 3/1/2056  | 55 | 60 |
| **New York 7.07%** | **New York 7.07%** | **New York 7.07%** |
| City of Albany Capital Resource Corp., Rev. Bonds (Kipp Capital Region Public Charter Schools Project), Series 2024, <br> 4.75% 6/1/2054  | 500 | 454 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2026  | 500 | 507 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2042  | 350 | 349 |
| Dormitory Auth., Rev. Bonds (Northwell Health Obligated Group), Series 2024-A, 4.00% 5/1/2054  | 250 | 207 |
| Dormitory Auth., Rev. Bonds (White Plains Hospital Obligated Group), Series 2024, 5.25% 10/1/2049  | 50 | 50 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2024-A, 5.00% 3/15/2049  | 750 | 762 |
| Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2020-R-1, <br> 2.75% 9/1/2050 (put 9/2/2025)  | 250 | 249 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2019-B, 4.00% 11/15/2050  | 1000 | 836 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2024-A, 5.00% 11/15/2044  | 510 | 517 |

---

---

| | |
|:---|:---|
| **103** | 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-G-1, 5.25% 2/1/2050  | USD<br> 500<br>| $521 |
| New York City Industrial Dev. Agcy., PILOT Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, Assured <br> Guaranty insured, 5.00% 1/1/2026  | 200 | 202 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, Assured <br> Guaranty insured, 3.00% 1/1/2046  | 215 | 155 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-C-C1, 5.00% 5/1/2048  | 1000 | 1022 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-E, 5.00% 11/1/2053  | 1000 | 1016 |
| 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>  | 500 | 454 |
| Oneida Indian Nation, Tax Rev. Bonds, Series 2024-A, 7.25% 9/1/2034 <sup>(a)</sup>  | 100 | 101 |
| Onongada Civic Dev. Corp., Rev. Ref. Bonds (Crouse Health Hospital, Inc. Project), Series 2024-A, 5.375% 8/1/2054  | 50 | 39 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-C-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 100 | 96 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-E-2, 5.35% <br> 11/1/2049 <sup>(a)</sup>  | 500 | 481 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2021-A-1, 4.00% 3/15/2052  | 250 | 217 |
| 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  | 500 | 492 |
| 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  | 250 | 230 |
| 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  | 250 | 261 |
| 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  | 300 | 259 |
| 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  | 45 | 45 |
| Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, <br> 5.25% 1/1/2050  | 500 | 493 |
| 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  | 500 | 512 |
| 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  | 500 | 510 |
| 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  | 250 | 255 |
| 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  | 500 | 509 |
| 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  | 245 | 219 |
| 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  | 500 | 504 |
| 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  | 500 | 500 |
| Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal Six <br> Redev. Project), CAB, Series 2024-B, AMT, 0% 12/31/2054 (5.00% on 12/31/2034) <sup>(d)</sup>  | 75 | 46 |
| Triborough Bridge and Tunnel Auth., Real Estate Transfer Tax Rev. Bonds (MTA Bridges and Tunnels), Series 2025-A, <br> 5.50% 12/1/2059  | 500 | 525 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2019-A, 4.00% 3/15/2043  | 500 | 456 |
| 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 |
|  |  | 14519 |
| **North Carolina 0.82%** | **North Carolina 0.82%** | **North Carolina 0.82%** |
| Educational Assistance Auth., Student Loan Rev. Bonds, Series 2023-A, AMT, 5.00% 6/1/2043  | 155 | 158 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 57-A, 6.25% 1/1/2056  | 155 | 173 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (The Presbyterian Homes Obligated Group), <br> Series 2020-A, 5.00% 10/1/2040  | 250 | 251 |
| Medical Care Commission, Health Care Facs. First Mortgage Rev. Bonds (The Presbyterian Homes Obligated Group), <br> Series 2020-A, 4.00% 10/1/2050  | 250 | 200 |

---

---

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

---

------

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)** |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Lutheran Retirement Ministries Project), Series <br> 2019-A, 5.00% 1/1/2038  | USD<br> 500<br>| $503 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Lutheran Retirement Ministries Project), Series <br> 2019-A, 5.00% 1/1/2049  | 100 | 95 |
| Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-A, 5.50% <br> 9/1/2054  | 45 | 43 |
| Medical Care Commission, Retirement Facs. Rev. Bonds (Friends Homes), Series 2020-A, 5.00% 9/1/2030  | 100 | 101 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2045  | 150 | 152 |
|  |  | 1676 |
| **Ohio 3.35%** | **Ohio 3.35%** | **Ohio 3.35%** |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2014-D, 3.20% 5/1/2026  | 215 | 214 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-D, AMT, 3.70% 10/1/2028  | 250 | 248 |
| 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)  | 355 | 359 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (Ohio Valley Electric Corp. Project), Series 2019-A, 3.25% 9/1/2029  | 15 | 15 |
| 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 | 253 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (AMG Vanadium Project), Series 2019, AMT, 5.00% 7/1/2049 <sup>(a)</sup>  | 250 | 222 |
| Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 4.25% 1/15/2038 <sup>(a)</sup>  | 500 | 481 |
| Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-B-2, 5.00% <br> 6/1/2055  | 750 | 640 |
| City of Centerville, Health Care Improvement and Rev. Ref. Bonds, Series 2017, 5.25% 11/1/2037  | 250 | 244 |
| County of Cuyahoga, Hospital Rev. Bonds (MetroHealth System), Series 2017, 5.00% 2/15/2052  | 250 | 230 |
| County of Cuyahoga, Hospital Rev. Bonds (MetroHealth System), Series 2017, 5.50% 2/15/2052  | 250 | 245 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2033  | 100 | 96 |
| County of Hamilton, Healthcare Improvement and Rev. Ref. Bonds (Life Enriching Communities Project), Series 2016, <br> 5.00% 1/1/2046  | 250 | 240 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.50% 1/1/2043  | 250 | 256 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2017-A, 5.00% 1/1/2052  | 250 | 237 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.75% 1/1/2053  | 190 | 194 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2020, 5.00% 9/15/2050  | 500 | 471 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2051  | 60 | 59 |
| Higher Educational Facs. Commission, Healthcare Fac. Rev. Bonds (Judson Obligated Group 2020 Project), Series <br> 2020-A, 5.00% 12/1/2045  | 100 | 93 |
| 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>  | 325 | 316 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2025-A, 6.25% <br> 3/1/2056  | 300 | 331 |
| County of Lucas, Hospital Rev. Bonds (Promedica Healthcare Obligated Group), Series 2018-A, 5.25% 11/15/2048  | 200 | 193 |
| City of Norwood, Special Obligation Rev. Ref. Bonds (Rookwood Exchange Project), Series 2025, 5.00% 12/1/2041  | 250 | 244 |
| Port Auth., Gas Supply Rev. Bonds, Series 2024-A, 5.00% 2/1/2055 (put 8/1/2030)  | 500 | 529 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2054  | 500 | 472 |
|  |  | 6882 |
| **Oklahoma 0.48%** | **Oklahoma 0.48%** | **Oklahoma 0.48%** |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-A, 6.25% <br> 9/1/2056  | 350 | 392 |
| Norman Regional Hospital Auth., Hospital Rev. Bonds (Norman Regional Hospital Auth. Obligated Group), Series <br> 2019, 5.00% 9/1/2045  | 250 | 209 |
| Norman Regional Hospital Auth., Hospital Rev. Ref. Bonds (Norman Regional Hospital Auth. Obligated Group), Series <br> 2016, 5.00% 9/1/2027  | 50 | 49 |
| Trustees of the Tulsa Municipal Airport Trust, Rev. Bonds (American Airlines, Inc. Project), Series 2025, AMT, 6.25% <br> 12/1/2040  | 300 | 326 |
|  |  | 976 |

---

---

| | |
|:---|:---|
| **105** | 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 0.75%** | **Oregon 0.75%** | **Oregon 0.75%** |
| 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  | USD<br> 500<br>| $360 |
| 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  | 500 | 348 |
| City of Salem, Hospital Fac. Auth., Rev. and Rev. Ref. Bonds (Capital Manor Project), Series 2022, 4.00% 5/15/2040  | 250 | 223 |
| City of Salem, Hospital Fac. Auth., Rev. and Rev. Ref. Bonds (Capital Manor Project), Series 2022, 4.00% 5/15/2057  | 100 | 75 |
| City of Salem, Hospital Fac. Auth., Rev. Bonds (Capital Manor Project), Series 2018, 5.00% 5/15/2033  | 435 | 444 |
| City of Salem, Hospital Fac. Auth., Rev. Bonds (Capital Manor Project), Series 2018, 5.00% 5/15/2053  | 100 | 90 |
|  |  | 1540 |
| **Pennsylvania 2.60%** | **Pennsylvania 2.60%** | **Pennsylvania 2.60%** |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), Series 2024-A-3, 5.00% 6/30/2039  | 444 | 410 |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), Series 2024-A-4, 7.00% 6/30/2039  | 252 | 221 |
| County of Berks, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (The Highlands at Wyomissing), Series 2017-A, <br> 5.00% 5/15/2047  | 150 | 139 |
| County of Berks, Municipal Auth., Rev. Bonds (Tower Health Project), Series 2024-A-2, 6.00% 6/30/2034  | 36 | 38 |
| County of Berks, Municipal Auth., Rev. Bonds (Tower Health Project), Series 2024-A-1, 8.00% 6/30/2034  | 521 | 532 |
| County of Chester, Industrial Dev. Auth., Rev. Bonds (Woodlands Greystone Project), Series 2018, 5.00% 3/1/2038 <sup>(a)</sup>  | 100 | 97 |
| County of Chester, Industrial Dev. Auth., Rev. Bonds (Woodlands Greystone Project), Series 2018, 5.125% 3/1/2048 <sup>(a)</sup>  | 100 | 91 |
| County of Cumberland, Municipal Auth., Rev. Ref. Bonds (Asbury Pennsylvania Obligated Group), Series 2019, 5.00% <br> 1/1/2039  | 60 | 57 |
| County of Cumberland, Municipal Auth., Rev. Ref. Bonds (Asbury Pennsylvania Obligated Group), Series 2019, 5.00% <br> 1/1/2045  | 125 | 110 |
| City of Dubois, Hospital Auth., Hospital Rev. Bonds (Penn Highlands Healthcare), Series 2018, 4.00% 7/15/2048  | 45 | 34 |
| City of Dubois, Hospital Auth., Hospital Rev. Bonds (Penn Highlands Healthcare), Series 2021, 4.00% 7/15/2051  | 250 | 184 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2026  | 250 | 254 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 6/30/2042  | 250 | 245 |
| Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2019-A, AMT, 4.25% <br> 8/1/2038 (put 8/1/2025)  | 500 | 500 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 5.00% 6/1/2031  | 200 | 210 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.625% 6/1/2042  | 220 | 194 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 4.75% 6/1/2046  | 50 | 49 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1C, AMT, 5.50% 6/1/2052  | 150 | 148 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2019-131-A, 3.50% 4/1/2049  | 45 | 45 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2022-140-A, 5.00% 10/1/2052  | 500 | 514 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-146A, 6.25% 10/1/2054  | 45 | 49 |
| County of Montgomery, Higher Education and Health Auth., Rev. Ref. Bonds (Philadelphia Presbytery Homes, Inc. <br> Project), Series 2017, 5.00% 12/1/2037  | 180 | 181 |
| 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  | 100 | 101 |
| 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  | 100 | 101 |
| City of Philadelphia, Industrial Dev. Auth., Charter School Rev. Bonds (Mast Community Charter School III Project), <br> Series 2021, 5.00% 8/1/2054  | 110 | 99 |
| Quakertown, General Auth. Special Assessment Obligation Rev. Bonds (Milford Village Project), Series 2025, 6.50% <br> 3/1/2055 <sup>(a)</sup>  | 160 | 158 |
| Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home Project), <br> Series 2021-A, 4.00% 11/15/2041  | 150 | 131 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2021-A, 4.00% 12/1/2051  | 500 | 437 |
|  |  | 5329 |
| **Puerto Rico 6.18%** | **Puerto Rico 6.18%** | **Puerto Rico 6.18%** |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2022-A, 5.00% 7/1/2037 <sup>(a)</sup>  | 500 | 514 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2042 <sup>(a)</sup>  | 870 | 756 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2022-A, 4.00% 7/1/2042 <sup>(a)</sup>  | 1250 | 1088 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2047 <sup>(a)</sup>  | 250 | 205 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2018 <sup>(e)</sup>  | 120 | 66 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2018 <sup>(e)</sup>  | 790 | 432 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.25% 7/1/2035 <sup>(e)</sup>  | 615 | 337 |

---

---

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

---

------

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 2012-A, 5.00% 7/1/2042 <sup>(e)</sup>  | USD<br> 370<br>| $203 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, Assured Guaranty Municipal insured, 3.469% <br>7/1/2017 <sup>(d)(e)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 3.625% 7/1/2021 <sup>(e)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(e)</sup>  | 500 | 273 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, Assured Guaranty insured, (3-month USD CME Term <br> SOFR x 0.67 + 0.52%) 3.568% 7/1/2029 <sup>(c)</sup>  | 265 | 253 |
| GO Bonds, Series 2022, 0% 11/1/2051 <sup>(c)</sup>  | 1993 | 658 |
| GO Restructured Bonds, Series 2022-A-1, 5.625% 7/1/2027  | 189 | 195 |
| GO Restructured Bonds, Series 2022-A-1, 5.625% 7/1/2029  | 301 | 318 |
| GO Restructured Bonds, Series 2022-A-1, 5.75% 7/1/2031  | 157 | 169 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2033  | 672 | 656 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2035  | 289 | 279 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2037  | 197 | 188 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2041  | 350 | 311 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2046  | 340 | 291 |
| GO Restructured Bonds, CAB, Series 2022-A-1, 0% 7/1/2033  | 291 | 201 |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(c)</sup>  | 2391 | 1474 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 2126 | 1345 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2018-A-1, 4.75% 7/1/2053  | 249 | 229 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, CAB, Series 2007-A, Class 2, 0% 8/1/2047 <sup>(c)</sup>  | 209 | 61 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 273 | 256 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 72 | 68 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2018-A-1, 5.00% 7/1/2058  | 750 | 706 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2046  | 3589 | 1143 |
|  |  | 12681 |
| **Rhode Island 0.32%** | **Rhode Island 0.32%** | **Rhode Island 0.32%** |
| Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Lifespan Obligated Group Issue), Series 2024, <br> 5.25% 5/15/2049  | 150 | 150 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2025-1, AMT, 5.00% 12/1/2044  | 25 | 24 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2019-A, AMT, 5.00% 12/1/2026  | 250 | 255 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2020-A, AMT, 3.625% 12/1/2037  | 245 | 236 |
|  |  | 665 |
| **South Carolina 0.60%** | **South Carolina 0.60%** | **South Carolina 0.60%** |
| Connector 2000 Assn., Inc., Toll Road Rev. Bonds, CAB, Series 2011-A-1, 0% 1/1/2042  | 300 | 96 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2022-B, 5.00% 1/1/2052  | 450 | 468 |
| Jobs-Econ. Dev. Auth., Econ. Dev. Rev. Bonds (The Woodlands at Furman Project), Series 2020-A, 5.00% 11/15/2054  | 250 | 220 |
| Jobs-Econ. Dev. Auth., Retirement Community Rev. Bonds (Seafields at Kiawah Island Project), Series 2023-A, 7.50% <br> 11/15/2053  | 260 | 270 |
| Public Service Auth., Improvement Rev. Obligations, Series 2022-B, BAM insured, 4.00% 12/1/2055  | 100 | 86 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 12/1/2035  | 100 | 100 |
|  |  | 1240 |
| **South Dakota 0.25%** | **South Dakota 0.25%** | **South Dakota 0.25%** |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2025-A, 6.50% 11/1/2055  | 455 | 515 |
| **Tennessee 0.43%** | **Tennessee 0.43%** | **Tennessee 0.43%** |
| 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 | 252 |
| 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>  | 770 | 628 |
|  |  | 880 |

---

---

| | |
|:---|:---|
| **107** | 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 7.88%** | **Texas 7.88%** | **Texas 7.88%** |
| Airport System Facs. Rev. Bonds (United Airlines, Inc. Technical Operations Center Project), Series 2018, AMT, 5.00% <br> 7/15/2028  | USD<br> 500<br>| $503 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Basis Texas Charter Schools, Inc.), Series 2024, 4.50% <br> 6/15/2044 <sup>(a)</sup>  | 500 | 451 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 4.75% <br> 8/15/2044  | 100 | 92 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, 5.00% <br> 8/15/2054  | 100 | 91 |
| Arlington Higher Education Fin. Corp., Education Rev. Bonds (TGP Public Schools - The Gathering Place), Series <br> 2022-A, 5.75% 8/15/2062  | 100 | 76 |
| City of Baytown, Municipal Dev. Dist., Hotel Rev. Bonds (Baytown Convention Center Hotel), Series 2021-A, 4.00% <br> 10/1/2050  | 195 | 144 |
| Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC Project), <br> Series 2022, AMT, 0% 6/1/2042 <sup>(a)(c)(e)</sup>  | 94 | 70 |
| 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)(e)</sup>  | 100 | 60 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2024-1-A, AMT, 4.00% 4/1/2045  | 50 | 43 |
| 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>  | 50 | 47 |
| 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>  | 73 | 69 |
| Cedar Hill Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 2/15/2050  | 160 | 140 |
| 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 | 96 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2022-A, 3.00% 8/15/2051  | 390 | 259 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (International Leadership of Texas, Inc.), Series 2018-D, <br> 6.125% 8/15/2048  | 2000 | 2007 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2014-A, 4.50% 12/1/2044  | 115 | 101 |
| Corpus Christi Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 4.00% 8/15/2054  | 130 | 112 |
| Dallas Area Rapid Transit Sales Tax Rev. Improvement and Rev. Ref. Bonds, Series 2021-B, 4.00% 12/1/2051  | 1000 | 872 |
| County of Denton, Special Assessment Rev. Bonds (Duck Point Public Improvement Dist.), Series 2025, 5.625% <br> 12/31/2055 <sup>(a)</sup>  | 250 | 233 |
| 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>  | 100 | 101 |
| Fort Bend County Industrial Dev. Corp., Industrial Dev. Rev. Bonds (NRG Energy, Inc. Project), Series 2012-B, 4.75% <br> 11/1/2042  | 100 | 96 |
| 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  | 250 | 242 |
| County of Galveston, Municipal Utility Dist. No. 79, Unlimited Tax Bonds, Series 2024, 4.625% 4/1/2047  | 550 | 484 |
| County of Harris, Permanent Improvement Tax and Rev. Certs. of Obligation, Series 2024, 5.00% 9/15/2054  | 150 | 153 |
| County of Harris, Unlimited Tax Road Rev. Ref. Bonds, Series 2024-A, 5.00% 9/15/2054  | 150 | 153 |
| Harris County Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2016, 5.00% 1/1/2048  | 100 | 93 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2024-C, 6.00% 7/1/2054  | 495 | 544 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.25% 7/15/2034  | 475 | 490 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2035  | 500 | 523 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2036  | 500 | 520 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2037  | 300 | 312 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2038  | 250 | 257 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2024-B, <br> AMT, 5.50% 7/15/2039  | 250 | 256 |
| City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2021-A, <br> AMT, 4.00% 7/1/2041  | 100 | 87 |
| 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  | 250 | 250 |
| 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  | 100 | 100 |

---

---

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

---

------

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 Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2015-B-1, AMT, 5.00% 7/15/2030  | USD<br> 1,000<br>| $1000 |
| Hutto Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 8/1/2048  | 1000 | 1017 |
| 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 | 78 |
| 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)  | 100 | 102 |
| 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  | 50 | 50 |
| 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 | 120 |
| New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Westminster Project), Series 2025, 5.00% <br> 11/1/2060  | 650 | 598 |
| 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 | 210 |
| 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>  | 300 | 272 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2024-1-A, AMT, 4.125% 6/1/2045  | 50 | 48 |
| Northwest Independent School Dist., Unlimited Tax School Building Bonds, Series 2024-A, 5.00% 2/15/2049  | 250 | 255 |
| 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 | 186 |
| City of Pflugerville, Special Assessment Rev. Bonds (Meadowlark Preserve Public Improvement Dist. Project), Series <br> 2025, 5.375% 9/1/2055 <sup>(a)</sup>  | 400 | 374 |
| Prosper Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 4.00% 2/15/2052  | 1000 | 871 |
| 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  | 250 | 239 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.125% 11/15/2049  | 100 | 84 |
| University Hills Municipal Management Dist., Special Assessment Rev. Bonds (Improvement Area #1 Project), Series <br> 2025, 5.875% 9/1/2055  | 350 | 341 |
| University Hills Municipal Management Dist., Special Assessment Rev. Bonds (Major Improvement Area Project), Series <br> 2025, 5.875% 9/1/2055 <sup>(a)</sup>  | 215 | 209 |
|  |  | 16181 |
| **United States 0.21%** | **United States 0.21%** | **United States 0.21%** |
| Freddie Mac, Multi Family Mortgage Bonds, Series 2019-ML-05, Class ACA, 3.35% 11/25/2033  | 455 | 434 |
| **Utah 2.36%** | **Utah 2.36%** | **Utah 2.36%** |
| 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>  | 250 | 251 |
| Fiddlers Canyon Infrastructure Fncg. Dist., Special Assessment Bonds (Fiddlers Canyon Assessment Area), Series 2024, <br> 5.625% 12/1/2053 <sup>(a)</sup>  | 310 | 286 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-I, 6.25% 7/1/2055  | 100 | 112 |
| 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 | 99 |
| 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>  | 1000 | 823 |
| 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>  | 105 | 102 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2024-2, 6.00% 6/15/2054 <sup>(a)</sup>  | 550 | 553 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2036  | 500 | 465 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2052  | 500 | 398 |
| 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>  | 100 | 90 |
| 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>  | 250 | 232 |
| 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)</sup>  | 250 | 242 |
| 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>  | 250 | 241 |
| UIPA Crossroads Public Infrastructure Dist., Tax Differential Rev. Bonds, Series 2021, 4.375% 6/1/2052 <sup>(a)</sup>  | 500 | 431 |

---

---

| | |
|:---|:---|
| **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>|
| **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> 145<br>| $145 |
| Wolf Creek Infrastructure Fncg. Dist. No. 1, Special Assessment Bonds (Wolf Creek Assessment Area No. 1), Series <br> 2025, 5.75% 12/1/2044  | 200 | 197 |
| 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>  | 180 | 176 |
|  |  | 4843 |
| **Vermont 0.31%** | **Vermont 0.31%** | **Vermont 0.31%** |
| Econ. Dev. Auth., Mortgage Rev. Bonds (Wake Robin Corp. Project), Series 2021-A, 4.00% 5/1/2037  | 250 | 231 |
| 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>  | 200 | 197 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.375% 6/15/2039  | 230 | 216 |
|  |  | 644 |
| **Virgin Islands 0.38%** | **Virgin Islands 0.38%** | **Virgin Islands 0.38%** |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2028  | 250 | 255 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2039  | 525 | 516 |
|  |  | 771 |
| **Virginia 1.51%** | **Virginia 1.51%** | **Virginia 1.51%** |
| 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  | 500 | 500 |
| County of Hanover, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2018, 5.00% <br> 7/1/2048  | 200 | 183 |
| 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 | 503 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Williamsburg Landing), Series 2021-A, <br> 4.00% 12/1/2040  | 100 | 87 |
| City of Lexington, Industrial Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Kendal at Lexington), Series 2016, 4.00% <br> 1/1/2037  | 250 | 236 |
| City of Newport News, Industrial Dev. Auth., Health Systems Rev. Bonds, Series 2017-A, 5.00% 7/1/2046 <sup>(a)</sup>  | 600 | 569 |
| 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 | 202 |
| Small Business Fncg. Auth., Private Activity Rev. Bonds (Transform 66 P3 Project), Series 2017, AMT, 5.00% 12/31/2052  | 250 | 236 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, 4.00% <br> 12/1/2051  | 250 | 202 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.00% <br> 12/1/2034  | 50 | 53 |
| Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.00% <br> 12/1/2039  | 100 | 103 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 4.00% <br> 1/1/2045  | 100 | 86 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-3, 5.375% 9/1/2029  | 145 | 146 |
|  |  | 3106 |
| **Washington 1.80%** | **Washington 1.80%** | **Washington 1.80%** |
| Convention Center Public Facs. Dist., Lodging Tax Bonds, Series 2010-B, 5.00% 7/1/2048  | 95 | 93 |
| Convention Center Public Facs. Dist., Lodging Tax Bonds, Series 2018, 4.00% 7/1/2058  | 530 | 412 |
| Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 3.00% 7/1/2058  | 80 | 49 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-D, 5.00% 10/1/2041  | 250 | 250 |
| Health Care Facs. Auth., Rev. Bonds (Virginia Mason Medical Center), Series 2017, 5.00% 8/15/2033  | 250 | 252 |
| Housing Fin. Commission, Municipal Certs., Series 2021-1, 3.50% 12/20/2035  | 609 | 574 |
| Housing Fin. Commission, Municipal Certs., Series 2024-1-A, 4.221% 3/20/2040 <sup>(c)</sup>  | 239 | 225 |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-A, 5.50% <br> 1/1/2044 <sup>(a)</sup>  | 100 | 95 |

---

---

| | |
|:---|:---|
| 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>|
| **Washington (continued)** | **Washington (continued)** | **Washington (continued)** |
| Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Rockwood Retirement Communities), Series 2020-A, 5.00% <br> 1/1/2056 <sup>(a)</sup>  | USD<br> 100<br>| $85 |
| Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Horizon House Project), Series 2017, 5.00% 1/1/2038 <sup>(a)</sup>  | 100 | 94 |
| 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>  | 250 | 218 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Green Notes, Series 2021, 4.00% 7/1/2031  | 250 | 253 |
| Various Purpose GO Bonds, Series 2024-C, 5.00% 2/1/2038  | 1000 | 1094 |
|  |  | 3694 |
| **West Virginia 0.27%** | **West Virginia 0.27%** | **West Virginia 0.27%** |
| 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)  | 350 | 349 |
| 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>  | 200 | 204 |
|  |  | 553 |
| **Wisconsin 3.41%** | **Wisconsin 3.41%** | **Wisconsin 3.41%** |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2024, 5.875% <br> 7/1/2055  | 225 | 217 |
| Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2025, 6.625% <br> 7/1/2060  | 210 | 216 |
| Health and Educational Facs. Auth., Rev. Bonds (Marshfield Clinic Health System, Inc.), Series 2024-A, 5.50% 2/15/2054  | 665 | 697 |
| 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>  | 250 | 250 |
| Public Fin. Auth., Charter School Rev. Bonds (Coral Academy of Science Reno), Series 2021-A, 4.00% 6/1/2051 <sup>(a)</sup>  | 100 | 71 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.625% 6/15/2059 <sup>(a)</sup>  | 500 | 442 |
| 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 | 154 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 6.00% 6/15/2064 <sup>(a)</sup>  | 100 | 93 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Queens University of Charlotte), Series 2022-A, 4.75% 3/1/2052  | 15 | 13 |
| Public Fin. Auth., Educational Facs. Rev. Ref. Bonds (Queens University of Charlotte), Series 2022-A, 5.25% 3/1/2047  | 100 | 96 |
| Public Fin. Auth., Health Care Facs. Rev. Bonds (Appalachian Regional Healthcare System Obligated Group), Series <br> 2021-A, 4.00% 7/1/2051  | 165 | 120 |
| 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>  | 158 | 156 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Mayfair Project), Series 2024-A-4, 5.50% <br>11/15/2032 <sup>(a)</sup>  | 355 | 352 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Sterling Traditions Project), CAB, Series 2025, 0% <br> 12/15/2041 <sup>(a)</sup>  | 1301 | 448 |
| Public Fin. Auth., Project Rev. Bonds (CFP3 - Eastern Michigan University Student Housing Project), Series 2022-A-1, <br> BAM insured, 5.625% 7/1/2055  | 150 | 152 |
| 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 | 98 |
| Public Fin. Auth., Rev. Bonds (Inperium Project), Series 2024, 5.75% 12/1/2054 <sup>(a)</sup>  | 150 | 149 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.25% 11/15/2061  | 15 | 15 |
| Public Fin. Auth., Rev. Bonds (Ocean Academy Charter School), Series 2021, 5.00% 10/15/2056 <sup>(a)</sup>  | 200 | 167 |
| Public Fin. Auth., Rev. Bonds (Puerto Rico Toll Roads Monetization Project), Series 2024, AMT, 5.75% 7/1/2049  | 80 | 82 |
| Public Fin. Auth., Rev. Bonds (Puerto Rico Toll Roads Monetization Project), Series 2024, AMT, 5.75% 7/1/2054  | 300 | 305 |
| Public Fin. Auth., Rev. Bonds (WFCS Portfolio Projects), Series 2020-A-1, 5.00% 1/1/2055 <sup>(a)</sup>  | 350 | 288 |
| Public Fin. Auth., Rev. Bonds (Wilson Preparatory Academy), Series 2019-A, 4.125% 6/15/2029 <sup>(a)</sup>  | 135 | 132 |
| Public Fin. Auth., Rev. Ref. Bonds (Celanese Corp.), Series 2016-C, AMT, 4.30% 11/1/2030  | 75 | 75 |
| Public Fin. Auth., Rev. Ref. Bonds (Roseman University of Health Sciences Project), Series 2022, 4.00% 4/1/2042 <sup>(a)</sup>  | 500 | 422 |
| Public Fin. Auth., Senior Living Rev. Bonds (Mary's Woods at Marylhurst Project), Series 2017-A, 5.25% 5/15/2052 <sup>(a)</sup>  | 140 | 127 |
| Public Fin. Auth., Senior Living Rev. Ref. Bonds (Fellowship Senior Living Project), Series 2019-A, 5.00% 1/1/2035  | 250 | 256 |
| Public Fin. Auth., Social Rev. Bonds (The Carmelite System, Inc. Obligated Group), Series 2020, 5.00% 1/1/2045  | 100 | 95 |

---

---

| | |
|:---|:---|
| **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>|
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| 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>  | USD<br> 340<br>| $340 |
| Public Fin. Auth., Pooled Charter School Certs., Series 2023-1-B, 0.001% 7/1/2062 <sup>(a)(c)</sup>  | 535 | 389 |
| Public Fin. Auth., Pooled Charter School Certs., Series 2023-1, 5.75% 7/1/2062  | 571 | 573 |
|  |  | 6990 |
| **Total bonds, notes & other debt instruments** (cost: $193,313,000) |  | 189484 |
| Short-term securities 5.06% |  |  |
| **Municipals 5.06%** | **Municipals 5.06%** | **Municipals 5.06%** |
| State of Tennessee, City of Clarksville, Public Building Auth., Pooled Fncg. Rev. Bonds, Series 2003, Bank of America <br> LOC, 4.13% 1/1/2033<sup>(c)</sup>  | 700 | 700 |
| State of Florida, City of Gainesville, Utilities System Rev. Bonds, Series 2019-C, 4.13% 10/1/2047<sup>(c)</sup>  | 345 | 345 |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. <br> Project), Series 2013, AMT, 3.70% 12/1/2035 (put 11/3/2025)<sup>(f)</sup>  | 1090 | 1090 |
| State of Minnesota, City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2025-C, 3.55% 11/15/2064<sup>(c)</sup>  | 2500 | 2500 |
| State of Illinois, Fin. Auth., Demand Rev. Bonds (University of Chicago Medical Center), Series 2010-A, 3.85% <br> 8/1/2044<sup>(c)</sup>  | 1200 | 1200 |
| State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), <br> Series 2000-B, 3.85% 3/1/2040<sup>(c)</sup>  | 1600 | 1600 |
| State of New Hampshire, National Fin. Auth., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), <br> Series 2019-A-4, AMT, 4.50% 8/1/2038 (put 7/1/2025)<sup>(f)</sup>  | 850 | 851 |
| State of Louisiana, Parish of East Baton Rouge, Industrial Dev. Board, Gulf Opportunity Zone Rev. Bonds (ExxonMobil <br> Project), Series 2011, 4.07% 12/1/2051<sup>(c)</sup>  | 1000 | 1000 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds, Series 2005-B-3, 4.05% 1/1/2035<sup>(c)</sup>  | 1100 | 1100 |
|  |  | 10386 |
| **Total short-term securities** (cost: $10,385,000) |  | 10386 |
| **Total investment securities 97.37%** (cost: $203,698,000) |  | 199870 |
| Other assets less liabilities 2.63% |  | 5392 |
| **Net assets 100.00%** |  | $205262 |

---

**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;&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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 5 Year U.S. Treasury Note Futures | Long | 28 | 9/30/2025 | USD3,052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $29 |

---

<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 $40,940,000, which represented 19.95% of the net assets of the fund. 

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

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

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

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

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

---

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

---

------

Capital Group Municipal High-Income ETF (continued)

---

| |
|:---|
| **Key to abbreviation(s)** |
| Agcy. = Agency |
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| 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 |
| Redev. = Redevelopment |
| Ref. = Refunding |
| Rev. = Revenue |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |

---

Refer to the notes to financial statements.

---

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

---

------

Capital Group Short Duration Income ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 97.28% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans 40.57%** | **Corporate bonds, notes & loans 40.57%** | **Corporate bonds, notes & loans 40.57%** |
| **Financials 17.57%** |  |  |
| Aero Capital Solutions, Inc., Term Loan, (1-month USD CME Term SOFR + 3.00%) 7.61% 11/17/2029 <sup>(a)(b)(c)(d)</sup>  | USD<br> 2,023<br>| $2008 |
| American Express Co. 6.338% 10/30/2026 (USD-SOFR + 1.33% on 10/30/2025) <sup>(e)</sup>  | 2587 | 2602 |
| American Express Co. 5.043% 7/26/2028 (USD-SOFR + 0.93% on 7/26/2027) <sup>(e)</sup>  | 1815 | 1840 |
| American Express Co. 5.532% 4/25/2030 (USD-SOFR + 1.09% on 4/25/2029) <sup>(e)</sup>  | 335 | 348 |
| American Express Co. 5.085% 1/30/2031 (USD-SOFR + 1.02% on 1/30/2030) <sup>(e)</sup>  | 800 | 819 |
| American Express Co. 5.016% 4/25/2031 (USD-SOFR + 1.44% on 4/25/2030) <sup>(e)</sup>  | 1000 | 1021 |
| American International Group, Inc. 4.85% 5/7/2030  | 434 | 441 |
| Aon Global, Ltd. 3.875% 12/15/2025  | 1353 | 1349 |
| Aon North America, Inc. 5.125% 3/1/2027  | 4000 | 4049 |
| Aon North America, Inc. 5.15% 3/1/2029  | 1560 | 1598 |
| Arthur J. Gallagher & Co. 4.60% 12/15/2027  | 3940 | 3971 |
| Arthur J. Gallagher & Co. 4.85% 12/15/2029  | 1200 | 1218 |
| Bank of America Corp. 4.827% 7/22/2026 (USD-SOFR + 1.75% on 7/22/2025) <sup>(e)</sup>  | 3174 | 3174 |
| Bank of America Corp. 1.197% 10/24/2026 (USD-SOFR + 1.01% on 10/24/2025) <sup>(e)</sup>  | 278 | 275 |
| Bank of America Corp. 5.08% 1/20/2027 (USD-SOFR + 1.29% on 1/20/2026) <sup>(e)</sup>  | 100 | 100 |
| Bank of America Corp. 4.948% 7/22/2028 (USD-SOFR + 2.04% on 7/22/2027) <sup>(e)</sup>  | 6684 | 6762 |
| Bank of America Corp. 4.979% 1/24/2029 (USD-SOFR + 0.83% on 1/24/2028) <sup>(e)</sup>  | 2050 | 2080 |
| Bank of America Corp. 5.202% 4/25/2029 (USD-SOFR + 1.63% on 4/25/2028) <sup>(e)</sup>  | 1322 | 1351 |
| Bank of America Corp. 2.884% 10/22/2030 (3-month USD CME Term SOFR + 1.19% on 10/22/2029) <sup>(e)</sup>  | 222 | 208 |
| Bank of America Corp. 5.162% 1/24/2031 (USD-SOFR + 1.00% on 1/24/2030) <sup>(e)</sup>  | 3385 | 3470 |
| Bank of Montreal 5.004% 1/27/2029 (USD-SOFR Index + 0.67% on 1/27/2028) <sup>(e)</sup>  | 3200 | 3253 |
| Bank of New York Mellon Corp. 4.414% 7/24/2026 (USD-SOFR + 1.345% on 7/24/2025) <sup>(e)</sup>  | 3294 | 3293 |
| Bank of New York Mellon Corp. 4.975% 3/14/2030 (USD-SOFR + 1.085% on 3/14/2029) <sup>(e)</sup>  | 178 | 182 |
| Bank of New York Mellon Corp. 4.942% 2/11/2031 (USD-SOFR + 0.887% on 2/11/2030) <sup>(e)</sup>  | 1400 | 1430 |
| BNP Paribas SA 5.497% 5/20/2030 (USD-SOFR + 1.59% on 5/20/2029) <sup>(c)(e)</sup>  | 300 | 308 |
| BPCE SA 6.612% 10/19/2027 (USD-SOFR + 1.98% on 10/19/2026) <sup>(c)(e)</sup>  | 5054 | 5175 |
| BPCE SA 5.876% 1/14/2031 (USD-SOFR + 1.68% on 1/14/2030) <sup>(c)(e)</sup>  | 1404 | 1457 |
| BPCE SA 5.389% 5/28/2031 (USD-SOFR + 1.581% on 5/28/2030) <sup>(c)(e)</sup>  | 938 | 955 |
| Brown & Brown, Inc. 4.60% 12/23/2026  | 2600 | 2613 |
| Brown & Brown, Inc. 4.70% 6/23/2028  | 1934 | 1951 |
| Brown & Brown, Inc. 4.90% 6/23/2030  | 1900 | 1919 |
| CaixaBank, SA 6.684% 9/13/2027 (USD-SOFR + 2.08% on 9/13/2026) <sup>(c)(e)</sup>  | 4414 | 4521 |
| CaixaBank, SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(c)(e)</sup>  | 125 | 130 |
| CaixaBank, SA 4.634% 7/3/2029 (USD-SOFR + 1.14% on 7/3/2028) <sup>(c)(e)</sup>  | 1800 | 1805 |
| CaixaBank, SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029) <sup>(c)(e)</sup>  | 290 | 300 |
| CaixaBank, SA 4.885% 7/3/2031 (USD-SOFR + 1.36% on 7/3/2030) <sup>(c)(e)</sup>  | 1649 | 1656 |
| Canadian Imperial Bank of Commerce 4.508% 9/11/2027 (USD-SOFR + 0.93% on 9/11/2026) <sup>(e)</sup>  | 5145 | 5155 |
| Canadian Imperial Bank of Commerce 4.857% 3/30/2029 (USD-SOFR + 1.03% on 3/31/2028) <sup>(e)</sup>  | 1625 | 1643 |
| Canadian Imperial Bank of Commerce 5.245% 1/13/2031 (USD-SOFR + 1.105% on 1/13/2030) <sup>(e)</sup>  | 1125 | 1153 |
| Capital One Financial Corp. 4.985% 7/24/2026 (USD-SOFR + 2.16% on 7/24/2025) <sup>(e)</sup>  | 2143 | 2143 |
| Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029) <sup>(e)</sup>  | 213 | 220 |
| Charles Schwab Corp. (The) 5.875% 8/24/2026  | 400 | 407 |
| Charles Schwab Corp. (The) 5.643% 5/19/2029 (USD-SOFR + 2.21% on 5/19/2028) <sup>(e)</sup>  | 115 | 119 |
| Citibank, NA 5.438% 4/30/2026  | 3500 | 3528 |
| Citibank, NA 4.929% 8/6/2026  | 1510 | 1521 |
| Citibank, NA 4.576% 5/29/2027  | 3000 | 3018 |
| Citibank, NA 4.838% 8/6/2029  | 780 | 797 |
| Citibank, NA 4.914% 5/29/2030  | 770 | 785 |
| Citigroup, Inc. 5.61% 9/29/2026 (USD-SOFR + 1.546% on 12/29/2025) <sup>(e)</sup>  | 2905 | 2912 |
| Citigroup, Inc. 4.786% 3/4/2029 (USD-SOFR + 0.87% on 3/4/2028) <sup>(e)</sup>  | 2000 | 2015 |
| Citigroup, Inc. 5.174% 2/13/2030 (USD-SOFR + 1.364% on 2/13/2029) <sup>(e)</sup>  | 550 | 561 |
| Citigroup, Inc. 4.952% 5/7/2031 (USD-SOFR + 1.463% on 5/7/2030) <sup>(e)</sup>  | 2150 | 2175 |
| Citizens Financial Group, Inc. 5.841% 1/23/2030 (USD-SOFR + 2.01% on 1/23/2029) <sup>(e)</sup>  | 379 | 393 |
| Deutsche Bank AG 2.552% 1/7/2028 (USD-SOFR + 1.318% on 1/7/2027) <sup>(e)</sup>  | 3260 | 3167 |
| Deutsche Bank AG 4.999% 9/11/2030 (USD-SOFR + 1.70% on 9/11/2029) <sup>(e)</sup>  | 475 | 479 |
| Deutsche Bank AG 5.297% 5/9/2031 (USD-SOFR + 1.72% on 5/9/2030) <sup>(e)</sup>  | 1000 | 1016 |
| Deutsche Bank AG 3.547% 9/18/2031 (USD-SOFR + 3.043% on 9/18/2030) <sup>(e)</sup>  | 225 | 211 |
| Fifth Third Bancorp 4.895% 9/6/2030 (USD-SOFR + 1.486% on 9/6/2029) <sup>(e)</sup>  | 184 | 186 |
| Fifth Third Bank, National Association 4.967% 1/28/2028 (USD-SOFR + 0.81% on 1/28/2027) <sup>(e)</sup>  | 4332 | 4365 |
| Goldman Sachs Group, Inc. 2.64% 2/24/2028 (USD-SOFR + 1.114% on 2/24/2027) <sup>(e)</sup>  | 295 | 287 |
| Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) <sup>(e)</sup>  | 3619 | 3768 |
| Goldman Sachs Group, Inc. 4.692% 10/23/2030 (USD-SOFR + 1.135% on 10/23/2029) <sup>(e)</sup>  | 2544 | 2552 |

---

---

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

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** |  |  |
| Goldman Sachs Group, Inc. 5.207% 1/28/2031 (USD-SOFR + 1.078% on 1/28/2030) <sup>(e)</sup>  | USD<br> 1,480<br>| $1515 |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(e)</sup>  | 1700 | 1743 |
| HSBC Holdings PLC 5.597% 5/17/2028 (USD-SOFR + 1.06% on 5/17/2027) <sup>(e)</sup>  | 350 | 357 |
| HSBC Holdings PLC 5.13% 3/3/2031 (USD-SOFR + 1.29% on 3/3/2030) <sup>(e)</sup>  | 1300 | 1318 |
| Intercontinental Exchange, Inc. 4.00% 9/15/2027  | 125 | 124 |
| JPMorgan Chase & Co. 1.04% 2/4/2027 (USD-SOFR + 0.695% on 2/4/2026) <sup>(e)</sup>  | 197 | 193 |
| JPMorgan Chase & Co. 5.04% 1/23/2028 (USD-SOFR + 1.19% on 1/23/2027) <sup>(e)</sup>  | 5663 | 5719 |
| JPMorgan Chase & Co. 5.571% 4/22/2028 (USD-SOFR + 0.93% on 4/22/2027) <sup>(e)</sup>  | 2705 | 2762 |
| JPMorgan Chase & Co. 5.299% 7/24/2029 (USD-SOFR + 1.45% on 7/24/2028) <sup>(e)</sup>  | 1950 | 2002 |
| JPMorgan Chase & Co. 5.581% 4/22/2030 (USD-SOFR + 1.16% on 4/22/2029) <sup>(e)</sup>  | 1045 | 1085 |
| JPMorgan Chase & Co. 4.995% 7/22/2030 (USD-SOFR + 1.125% on 7/22/2029) <sup>(e)</sup>  | 1993 | 2030 |
| JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) <sup>(e)</sup>  | 4640 | 4657 |
| JPMorgan Chase & Co. 5.103% 4/22/2031 (USD-SOFR + 1.435% on 4/22/2030) <sup>(e)</sup>  | 2589 | 2654 |
| 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>(e)</sup>  | 4365 | 4432 |
| 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>(e)</sup>  | 1525 | 1546 |
| Marsh & McLennan Cos., Inc. 4.55% 11/8/2027  | 2650 | 2671 |
| Marsh & McLennan Cos., Inc. 4.65% 3/15/2030  | 1355 | 1371 |
| Metropolitan Life Global Funding I 3.45% 12/18/2026 <sup>(c)</sup>  | 3335 | 3300 |
| Morgan Stanley 5.652% 4/13/2028 (USD-SOFR + 1.01% on 4/13/2027) <sup>(e)</sup>  | 5831 | 5963 |
| Morgan Stanley 5.449% 7/20/2029 (USD-SOFR + 1.63% on 7/20/2028) <sup>(e)</sup>  | 1170 | 1203 |
| Morgan Stanley 5.173% 1/16/2030 (USD-SOFR + 1.45% on 1/16/2029) <sup>(e)</sup>  | 575 | 587 |
| Morgan Stanley 5.656% 4/18/2030 (USD-SOFR + 1.26% on 4/18/2029) <sup>(e)</sup>  | 1557 | 1618 |
| Morgan Stanley 5.042% 7/19/2030 (USD-SOFR + 1.215% on 7/19/2029) <sup>(e)</sup>  | 2060 | 2095 |
| Morgan Stanley 5.23% 1/15/2031 (USD-SOFR + 1.108% on 1/15/2030) <sup>(e)</sup>  | 1580 | 1618 |
| Morgan Stanley 5.192% 4/17/2031 (USD-SOFR + 1.51% on 4/17/2030) <sup>(e)</sup>  | 1900 | 1948 |
| National Australia Bank, Ltd. 5.087% 6/11/2027  | 2300 | 2344 |
| National Australia Bank, Ltd. 4.50% 10/26/2027  | 1050 | 1062 |
| 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>(e)</sup>  | 2890 | 2943 |
| New York Life Global Funding 4.60% 12/5/2029 <sup>(c)</sup>  | 814 | 824 |
| PNC Bank, National Association, 4.543% 5/13/2027 (USD-SOFR + 0.63% on 5/13/2026) <sup>(e)</sup>  | 1720 | 1721 |
| PNC Financial Services Group, Inc. 4.758% 1/26/2027 (USD-SOFR + 1.085% on 1/26/2026) <sup>(e)</sup>  | 3666 | 3672 |
| PNC Financial Services Group, Inc. 6.615% 10/20/2027 (USD-SOFR + 1.73% on 10/20/2026) <sup>(e)</sup>  | 4505 | 4632 |
| PNC Financial Services Group, Inc. 5.582% 6/12/2029 (USD-SOFR + 1.841% on 6/12/2028) <sup>(e)</sup>  | 108 | 112 |
| PNC Financial Services Group, Inc. 5.222% 1/29/2031 (USD-SOFR + 1.072% on 1/29/2030) <sup>(e)</sup>  | 394 | 404 |
| Royal Bank of Canada 4.875% 1/12/2026  | 780 | 782 |
| Royal Bank of Canada 4.65% 10/18/2030 (USD-SOFR + 1.08% on 10/18/2029) <sup>(e)</sup>  | 1361 | 1364 |
| Royal Bank of Canada 5.153% 2/4/2031 (USD-SOFR + 1.03% on 2/4/2030) <sup>(e)</sup>  | 1510 | 1542 |
| Royal Bank of Canada 4.97% 5/2/2031 (USD-SOFR Index + 1.13% on 5/2/2030) <sup>(e)</sup>  | 1250 | 1269 |
| State Street Corp. 4.834% 4/24/2030  | 1150 | 1172 |
| Sumitomo Mitsui Financial Group, Inc. 5.80% 7/13/2028  | 1119 | 1166 |
| Synchrony Bank 5.40% 8/22/2025  | 1334 | 1334 |
| Toronto-Dominion Bank (The) 0.75% 9/11/2025  | 1729 | 1716 |
| Toronto-Dominion Bank (The) 4.568% 12/17/2026  | 3820 | 3836 |
| Toronto-Dominion Bank (The) 4.861% 1/31/2028  | 2150 | 2181 |
| Toronto-Dominion Bank (The) 5.523% 7/17/2028  | 180 | 186 |
| Toronto-Dominion Bank (The) 4.783% 12/17/2029  | 458 | 463 |
| Truist Financial Corp. 6.047% 6/8/2027 (USD-SOFR + 2.05% on 6/8/2026) <sup>(e)</sup>  | 7326 | 7426 |
| Truist Financial Corp. 5.435% 1/24/2030 (USD-SOFR + 1.62% on 1/24/2029) <sup>(e)</sup>  | 149 | 153 |
| Truist Financial Corp. 5.071% 5/20/2031 (USD-SOFR + 1.309% on 5/20/2030) <sup>(e)</sup>  | 592 | 601 |
| U.S. Bancorp 5.775% 6/12/2029 (USD-SOFR + 2.02% on 6/12/2028) <sup>(e)</sup>  | 266 | 276 |
| U.S. Bancorp 5.384% 1/23/2030 (USD-SOFR + 1.56% on 1/23/2029) <sup>(e)</sup>  | 100 | 103 |
| UBS Group AG 1.305% 2/2/2027 (USD-SOFR + 0.98% on 2/2/2026) <sup>(c)(e)</sup>  | 3550 | 3483 |
| 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>(c)(e)</sup>  | 1200 | 1233 |
| Wells Fargo & Co. 5.707% 4/22/2028 (USD-SOFR + 1.07% on 4/22/2027) <sup>(e)</sup>  | 6625 | 6771 |
| Wells Fargo & Co. 4.808% 7/25/2028 (USD-SOFR + 1.98% on 7/25/2027) <sup>(e)</sup>  | 3145 | 3172 |
| Wells Fargo & Co. 5.574% 7/25/2029 (USD-SOFR + 1.74% on 7/25/2028) <sup>(e)</sup>  | 995 | 1028 |
| Wells Fargo & Co. 5.198% 1/23/2030 (USD-SOFR + 1.50% on 1/23/2029) <sup>(e)</sup>  | 325 | 333 |

---

---

| | |
|:---|:---|
| **115** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** |  |  |
| Wells Fargo & Co. 5.15% 4/23/2031 (USD-SOFR + 1.50% on 4/23/2030) <sup>(e)</sup>  | USD<br> 1,650<br>| $1690 |
| Wells Fargo Bank, N.A. 5.45% 8/7/2026  | 1700 | 1722 |
| Willis North America, Inc. 4.65% 6/15/2027  | 1240 | 1247 |
|  |  | 232682 |
| **Utilities 3.85%** |  |  |
| CenterPoint Energy Houston Electric, LLC 5.20% 10/1/2028  | 250 | 258 |
| Consumers Energy Co. 4.70% 1/15/2030  | 564 | 573 |
| DTE Energy Co. 4.95% 7/1/2027  | 450 | 455 |
| DTE Energy Co. 5.10% 3/1/2029  | 350 | 357 |
| Duke Energy Corp. 5.00% 12/8/2025  | 1630 | 1634 |
| Edison International 4.70% 8/15/2025  | 4424 | 4417 |
| Edison International 5.25% 11/15/2028  | 550 | 545 |
| Edison International 5.45% 6/15/2029  | 1206 | 1193 |
| Edison International 6.95% 11/15/2029  | 223 | 232 |
| Edison International 6.25% 3/15/2030  | 1177 | 1196 |
| Eversource Energy 5.95% 2/1/2029  | 1139 | 1190 |
| Florida Power & Light Co. 5.15% 6/15/2029  | 1145 | 1185 |
| Georgia Power Co. 5.004% 2/23/2027  | 1647 | 1671 |
| Georgia Power Co. 4.65% 5/16/2028  | 400 | 406 |
| NiSource, Inc. 0.95% 8/15/2025  | 240 | 239 |
| NiSource, Inc. 5.20% 7/1/2029  | 475 | 488 |
| Pacific Gas and Electric Co. 3.45% 7/1/2025  | 4821 | 4821 |
| Pacific Gas and Electric Co. 3.15% 1/1/2026  | 2410 | 2387 |
| Pacific Gas and Electric Co. 2.95% 3/1/2026  | 2484 | 2452 |
| Pacific Gas and Electric Co. 5.00% 6/4/2028  | 2425 | 2433 |
| Pacific Gas and Electric Co. 4.65% 8/1/2028  | 2275 | 2263 |
| Pacific Gas and Electric Co. 6.10% 1/15/2029  | 1065 | 1104 |
| PacifiCorp 5.10% 2/15/2029  | 405 | 413 |
| PacifiCorp 5.30% 2/15/2031  | 263 | 271 |
| Public Service Enterprise Group, Inc. 4.90% 3/15/2030  | 1282 | 1304 |
| Public Service Enterprise Group, Inc. 1.60% 8/15/2030  | 475 | 410 |
| Southern California Edison Co. 4.90% 6/1/2026  | 4556 | 4561 |
| Southern California Edison Co. 5.85% 11/1/2027  | 3649 | 3740 |
| Southern California Edison Co. 5.30% 3/1/2028  | 300 | 304 |
| Southern California Edison Co. 5.65% 10/1/2028  | 185 | 190 |
| Southern California Edison Co. 5.25% 3/15/2030  | 2402 | 2428 |
| Southern California Edison Co. 5.45% 6/1/2031  | 293 | 298 |
| Wisconsin Public Service Corp. 4.55% 12/1/2029  | 1100 | 1114 |
| Xcel Energy, Inc. 3.35% 12/1/2026  | 2865 | 2826 |
| Xcel Energy, Inc. 4.75% 3/21/2028  | 1577 | 1593 |
|  |  | 50951 |
| **Health care 3.76%** |  |  |
| AbbVie, Inc. 4.80% 3/15/2027  | 2375 | 2399 |
| AbbVie, Inc. 4.80% 3/15/2029  | 1718 | 1752 |
| Amgen, Inc. 5.507% 3/2/2026  | 885 | 885 |
| Amgen, Inc. 2.20% 2/21/2027  | 5731 | 5546 |
| Amgen, Inc. 5.15% 3/2/2028  | 3544 | 3622 |
| AstraZeneca Finance, LLC 4.85% 2/26/2029  | 792 | 810 |
| Baxter International, Inc. 1.915% 2/1/2027  | 6410 | 6174 |
| Becton, Dickinson and Co. 4.874% 2/8/2029  | 100 | 101 |
| Bristol-Myers Squibb Co. 4.90% 2/22/2027  | 2350 | 2381 |
| Bristol-Myers Squibb Co. 4.90% 2/22/2029  | 1100 | 1126 |
| Cigna Group (The) 5.00% 5/15/2029  | 500 | 511 |
| CVS Health Corp. 5.00% 2/20/2026  | 3150 | 3155 |
| CVS Health Corp. 5.00% 1/30/2029  | 210 | 213 |
| CVS Health Corp. 5.40% 6/1/2029  | 1586 | 1633 |
| Elevance Health, Inc. 4.75% 2/15/2030  | 451 | 457 |

---

---

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

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Health care (continued)** |  |  |
| Eli Lilly and Co. 4.75% 2/12/2030  | USD<br> 1,192<br>| $1222 |
| GE HealthCare Technologies, Inc. 4.80% 8/14/2029  | 159 | 161 |
| HCA, Inc. 5.00% 3/1/2028  | 2750 | 2792 |
| Johnson & Johnson 4.80% 6/1/2029  | 750 | 771 |
| Pfizer Investment Enterprises Pte., Ltd. 4.45% 5/19/2026  | 2000 | 2003 |
| Pfizer Investment Enterprises Pte., Ltd. 4.45% 5/19/2028  | 830 | 837 |
| Stryker Corp. 4.70% 2/10/2028  | 2600 | 2636 |
| Stryker Corp. 4.85% 2/10/2030  | 1400 | 1429 |
| Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026  | 4247 | 4167 |
| UnitedHealth Group, Inc. 4.75% 7/15/2026  | 1200 | 1205 |
| UnitedHealth Group, Inc. 4.80% 1/15/2030  | 585 | 594 |
| UnitedHealth Group, Inc. 4.65% 1/15/2031  | 1250 | 1257 |
|  |  | 49839 |
| **Consumer staples 3.03%** |  |  |
| Altria Group, Inc. 4.875% 2/4/2028  | 4698 | 4764 |
| BAT International Finance PLC 5.931% 2/2/2029  | 1057 | 1109 |
| Campbell's Co. (The) 5.20% 3/19/2027  | 3679 | 3732 |
| Campbell's Co. (The) 5.20% 3/21/2029  | 255 | 261 |
| Conagra Brands, Inc. 4.60% 11/1/2025  | 2418 | 2416 |
| Conagra Brands, Inc. 1.375% 11/1/2027  | 94 | 88 |
| Constellation Brands, Inc. 4.40% 11/15/2025  | 2491 | 2488 |
| Constellation Brands, Inc. 4.35% 5/9/2027  | 390 | 390 |
| Constellation Brands, Inc. 4.80% 5/1/2030  | 248 | 250 |
| Diageo Investment Corp. 5.125% 8/15/2030  | 1293 | 1332 |
| Imperial Brands Finance PLC 4.50% 6/30/2028 <sup>(c)</sup>  | 1212 | 1212 |
| J. M. Smucker Co. (The) 5.90% 11/15/2028  | 289 | 304 |
| Mars, Inc. 4.45% 3/1/2027 <sup>(c)</sup>  | 2000 | 2008 |
| Mars, Inc. 4.60% 3/1/2028 <sup>(c)</sup>  | 2350 | 2370 |
| Mars, Inc. 4.80% 3/1/2030 <sup>(c)</sup>  | 1900 | 1926 |
| Mondelez International, Inc. 4.50% 5/6/2030  | 1600 | 1599 |
| Nestle Holdings, Inc. 4.00% 9/12/2025 <sup>(c)</sup>  | 215 | 215 |
| Philip Morris International, Inc. 5.00% 11/17/2025  | 2798 | 2802 |
| Philip Morris International, Inc. 4.875% 2/13/2026  | 1609 | 1613 |
| Philip Morris International, Inc. 4.75% 2/12/2027  | 2700 | 2725 |
| Philip Morris International, Inc. 4.375% 11/1/2027  | 1975 | 1985 |
| Philip Morris International, Inc. 4.125% 4/28/2028  | 1400 | 1397 |
| Philip Morris International, Inc. 5.25% 9/7/2028  | 250 | 257 |
| Philip Morris International, Inc. 4.875% 2/13/2029  | 380 | 387 |
| Philip Morris International, Inc. 4.625% 11/1/2029  | 1029 | 1039 |
| Philip Morris International, Inc. 4.375% 4/30/2030  | 1443 | 1440 |
|  |  | 40109 |
| **Consumer discretionary 2.99%** |  |  |
| Daimler Trucks Finance North America, LLC 5.00% 1/15/2027 <sup>(c)</sup>  | 350 | 354 |
| Daimler Trucks Finance North America, LLC 5.125% 9/25/2027 <sup>(c)</sup>  | 975 | 989 |
| Daimler Trucks Finance North America, LLC 4.95% 1/13/2028 <sup>(c)</sup>  | 933 | 945 |
| Daimler Trucks Finance North America, LLC 5.125% 9/25/2029 <sup>(c)</sup>  | 214 | 218 |
| Daimler Trucks Finance North America, LLC 5.25% 1/13/2030 <sup>(c)</sup>  | 700 | 717 |
| Ford Motor Credit Co., LLC 3.375% 11/13/2025  | 3183 | 3162 |
| Ford Motor Credit Co., LLC 6.95% 3/6/2026  | 310 | 313 |
| Ford Motor Credit Co., LLC 6.95% 6/10/2026  | 5158 | 5229 |
| Ford Motor Credit Co., LLC 5.85% 5/17/2027  | 2924 | 2948 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 1672 | 1689 |
| Ford Motor Credit Co., LLC 6.798% 11/7/2028  | 350 | 363 |
| Ford Motor Credit Co., LLC 5.80% 3/8/2029  | 350 | 351 |
| Ford Motor Credit Co., LLC 5.875% 11/7/2029  | 610 | 612 |
| General Motors Financial Co., Inc. 5.40% 4/6/2026  | 4101 | 4120 |
| General Motors Financial Co., Inc. 4.90% 10/6/2029  | 1051 | 1050 |

---

---

| | |
|:---|:---|
| **117** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Consumer discretionary (continued)** |  |  |
| General Motors Financial Co., Inc. 5.35% 1/7/2030  | USD<br> 900<br>| $911 |
| Home Depot, Inc. 5.15% 6/25/2026  | 1025 | 1035 |
| Home Depot, Inc. 4.875% 6/25/2027  | 750 | 762 |
| Home Depot, Inc. 4.75% 6/25/2029  | 911 | 930 |
| Hyatt Hotels Corp. 5.05% 3/30/2028  | 600 | 607 |
| Hyundai Capital America 1.80% 10/15/2025 <sup>(c)</sup>  | 1090 | 1081 |
| Hyundai Capital America 5.45% 6/24/2026 <sup>(c)</sup>  | 1454 | 1466 |
| Hyundai Capital America 5.30% 3/19/2027 <sup>(c)</sup>  | 575 | 582 |
| Hyundai Capital America 4.875% 6/23/2027 <sup>(c)</sup>  | 834 | 839 |
| Hyundai Capital America 4.90% 6/23/2028 <sup>(c)</sup>  | 979 | 986 |
| Hyundai Capital America 6.10% 9/21/2028 <sup>(c)</sup>  | 275 | 286 |
| Hyundai Capital America 6.50% 1/16/2029 <sup>(c)</sup>  | 53 | 56 |
| Hyundai Capital America 4.55% 9/26/2029 <sup>(c)</sup>  | 413 | 409 |
| Hyundai Capital America 5.30% 1/8/2030 <sup>(c)</sup>  | 900 | 920 |
| Hyundai Capital America 5.15% 3/27/2030 <sup>(c)</sup>  | 1000 | 1012 |
| Marriott International, Inc. 5.55% 10/15/2028  | 250 | 259 |
| Marriott International, Inc. 4.875% 5/15/2029  | 350 | 355 |
| McDonald's Corp. 5.00% 5/17/2029  | 461 | 474 |
| McDonald's Corp. 4.60% 5/15/2030  | 1300 | 1314 |
| Toyota Motor Credit Corp. 4.55% 8/9/2029  | 900 | 908 |
| Toyota Motor Credit Corp. 4.95% 1/9/2030  | 1325 | 1356 |
|  |  | 39608 |
| **Industrials 2.67%** |  |  |
| Air Lease Corp. 5.30% 6/25/2026  | 1055 | 1062 |
| BAE Systems PLC 5.125% 3/26/2029 <sup>(c)</sup>  | 648 | 664 |
| Boeing Co. (The) 2.196% 2/4/2026  | 8003 | 7879 |
| Boeing Co. (The) 6.259% 5/1/2027  | 2471 | 2543 |
| Boeing Co. (The) 6.298% 5/1/2029  | 378 | 400 |
| Canadian Pacific Railway Co. 4.80% 3/30/2030  | 1382 | 1405 |
| Ingersoll-Rand, Inc. 5.197% 6/15/2027  | 650 | 661 |
| Ingersoll-Rand, Inc. 5.40% 8/14/2028  | 260 | 268 |
| Ingersoll-Rand, Inc. 5.176% 6/15/2029  | 312 | 320 |
| L3Harris Technologies, Inc. 5.40% 1/15/2027  | 5484 | 5577 |
| Lockheed Martin Corp. 4.95% 10/15/2025  | 515 | 515 |
| Northrop Grumman Corp. 4.65% 7/15/2030  | 1500 | 1514 |
| Paychex, Inc. 5.10% 4/15/2030  | 1717 | 1759 |
| RTX Corp. 3.95% 8/16/2025  | 2751 | 2748 |
| RTX Corp. 5.75% 11/8/2026  | 6427 | 6548 |
| Waste Management, Inc. 4.65% 3/15/2030  | 1500 | 1522 |
|  |  | 35385 |
| **Communication services 1.91%** |  |  |
| AT&T, Inc. 1.70% 3/25/2026  | 6617 | 6486 |
| Charter Communications Operating, LLC 4.908% 7/23/2025  | 3187 | 3187 |
| Charter Communications Operating, LLC 6.15% 11/10/2026  | 9369 | 9551 |
| Charter Communications Operating, LLC 6.10% 6/1/2029  | 1543 | 1616 |
| Comcast Corp. 5.10% 6/1/2029  | 600 | 619 |
| T-Mobile USA, Inc. 2.25% 2/15/2026  | 3687 | 3632 |
| T-Mobile USA, Inc. 4.80% 7/15/2028  | 275 | 279 |
|  |  | 25370 |
| **Energy 1.76%** |  |  |
| Canadian Natural Resources, Ltd. 2.05% 7/15/2025  | 1806 | 1804 |
| Chevron USA, Inc. 0.687% 8/12/2025  | 811 | 808 |
| Chevron USA, Inc. 4.687% 4/15/2030  | 1043 | 1064 |
| Columbia Pipelines Holding Co., LLC 6.042% 8/15/2028 <sup>(c)</sup>  | 450 | 469 |
| ConocoPhillips Co. 4.70% 1/15/2030  | 1600 | 1623 |

---

---

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

---

------

Capital Group Short Duration Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Energy (continued)** |  |  |
| Diamondback Energy, Inc. 5.20% 4/18/2027  | USD<br> 3,685<br>| $3737 |
| Enbridge, Inc. 5.90% 11/15/2026  | 2882 | 2934 |
| Enbridge, Inc. 6.00% 11/15/2028  | 300 | 315 |
| Energy Transfer, LP 6.10% 12/1/2028  | 438 | 460 |
| Energy Transfer, LP 5.25% 7/1/2029  | 973 | 997 |
| EOG Resources, Inc. 4.40% 7/15/2028  | 706 | 710 |
| Kinder Morgan, Inc. 5.00% 2/1/2029  | 319 | 324 |
| Occidental Petroleum Corp. 5.00% 8/1/2027  | 2236 | 2257 |
| Occidental Petroleum Corp. 5.20% 8/1/2029  | 525 | 527 |
| Petroleos Mexicanos 6.875% 10/16/2025  | 1784 | 1783 |
| Petroleos Mexicanos 6.875% 8/4/2026  | 3472 | 3475 |
|  |  | 23287 |
| **Information technology 1.28%** |  |  |
| Apple, Inc. 0.55% 8/20/2025  | 495 | 493 |
| Broadcom, Inc. 3.15% 11/15/2025  | 2902 | 2887 |
| Broadcom, Inc. 4.15% 2/15/2028  | 1400 | 1396 |
| Broadcom, Inc. 5.05% 7/12/2029  | 1000 | 1024 |
| Broadcom, Inc. 4.35% 2/15/2030  | 1000 | 997 |
| Microchip Technology, Inc. 4.90% 3/15/2028  | 4051 | 4096 |
| Microchip Technology, Inc. 5.05% 3/15/2029  | 350 | 356 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 193 | 196 |
| Oracle Corp. 1.65% 3/25/2026  | 500 | 490 |
| Oracle Corp. 4.80% 8/3/2028  | 1700 | 1728 |
| Synopsys, Inc. 4.65% 4/1/2028  | 3150 | 3183 |
| Texas Instruments, Inc. 4.60% 2/8/2029  | 130 | 132 |
|  |  | 16978 |
| **Real estate 1.12%** |  |  |
| COPT Defense Properties, LP 2.25% 3/15/2026  | 2492 | 2445 |
| Equinix, Inc. 1.00% 9/15/2025  | 2760 | 2738 |
| Equinix, Inc. 1.45% 5/15/2026  | 5975 | 5813 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 603 | 607 |
| VICI Properties, LP 4.75% 4/1/2028  | 3202 | 3229 |
|  |  | 14832 |
| **Materials 0.63%** |  |  |
| BHP Billiton Finance (USA), Ltd. 4.875% 2/27/2026  | 875 | 878 |
| BHP Billiton Finance (USA), Ltd. 5.10% 9/8/2028  | 250 | 256 |
| Celanese US Holdings, LLC 6.165% 7/15/2027  | 328 | 340 |
| Celanese US Holdings, LLC 6.35% 11/15/2028  | 2016 | 2120 |
| Chevron Phillips Chemical Co., LLC 4.75% 5/15/2030 <sup>(c)</sup>  | 581 | 589 |
| Dow Chemical Co. (The) 4.55% 11/30/2025  | 65 | 65 |
| International Flavors & Fragrances, Inc. 1.23% 10/1/2025 <sup>(c)</sup>  | 756 | 749 |
| LYB International Finance III, LLC 1.25% 10/1/2025  | 1220 | 1209 |
| Nutrien, Ltd. 5.95% 11/7/2025  | 279 | 280 |
| Rio Tinto Finance (USA) PLC 4.875% 3/14/2030  | 1800 | 1835 |
|  |  | 8321 |
| **Total corporate bonds, notes & loans** |  | 537362 |
| **Mortgage-backed obligations 32.10%** | **Mortgage-backed obligations 32.10%** | **Mortgage-backed obligations 32.10%** |
| **Federal agency mortgage-backed obligations 12.70%** |  |  |
| Fannie Mae Pool #MA5477 6.00% 9/1/2039 <sup>(f)</sup>  | 207 | 213 |
| Fannie Mae Pool #CC0188 6.00% 3/1/2040 <sup>(f)</sup>  | 1119 | 1151 |
| Fannie Mae Pool #MA5773 6.00% 7/1/2040 <sup>(f)</sup>  | 224 | 231 |
| Fannie Mae Pool #DA1075 6.00% 11/1/2053 <sup>(f)</sup>  | 29 | 29 |
| Fannie Mae Pool #CB7612 6.00% 12/1/2053 <sup>(f)</sup>  | 64 | 65 |

---

---

| | |
|:---|:---|
| **119** | 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 #DA7801 5.50% 1/1/2054 <sup>(f)</sup>  | USD<br> 917<br>| $918 |
| Fannie Mae Pool #MA5246 5.50% 1/1/2054 <sup>(f)</sup>  | 36 | 36 |
| Fannie Mae Pool #DA5980 6.00% 1/1/2054 <sup>(f)</sup>  | 962 | 979 |
| Fannie Mae Pool #DA5779 6.00% 1/1/2054 <sup>(f)</sup>  | 112 | 115 |
| Fannie Mae Pool #DA9467 6.00% 2/1/2054 <sup>(f)</sup>  | 57 | 58 |
| Fannie Mae Pool #MA5296 5.50% 3/1/2054 <sup>(f)</sup>  | 3808 | 3811 |
| Fannie Mae Pool #DA9742 6.00% 3/1/2054 <sup>(f)</sup>  | 164 | 166 |
| Fannie Mae Pool #DA6019 5.50% 4/1/2054 <sup>(f)</sup>  | 860 | 861 |
| Fannie Mae Pool #DB2745 5.50% 4/1/2054 <sup>(f)</sup>  | 460 | 462 |
| Fannie Mae Pool #DB2626 5.50% 4/1/2054 <sup>(f)</sup>  | 31 | 31 |
| Fannie Mae Pool #BY7524 5.50% 4/1/2054 <sup>(f)</sup>  | 29 | 29 |
| Fannie Mae Pool #MA5328 6.00% 4/1/2054 <sup>(f)</sup>  | 768 | 782 |
| Fannie Mae Pool #DB1087 6.00% 5/1/2054 <sup>(f)</sup>  | 889 | 905 |
| Fannie Mae Pool #MA5445 6.00% 8/1/2054 <sup>(f)</sup>  | 4265 | 4338 |
| Fannie Mae Pool #FA0445 5.50% 1/1/2055 <sup>(f)</sup>  | 3369 | 3371 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(f)</sup>  | 2854 | 2902 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(f)</sup>  | 917 | 932 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(f)</sup>  | 14516 | 14760 |
| Fannie Mae Pool #MA5762 6.50% 7/1/2055 <sup>(f)</sup>  | 1000 | 1033 |
| Farmer Mac Agricultural Real Estate Trust, Series 2024-2, Class A1, 5.196% 8/1/2054 <sup>(c)(d)(f)</sup>  | 575 | 575 |
| Farmer Mac Agricultural Real Estate Trust, Series 2025-1, Class A1, 5.22% 8/1/2055 <sup>(c)(d)(f)</sup>  | 5000 | 5039 |
| Freddie Mac Pool #SB1452 6.00% 4/1/2040 <sup>(f)</sup>  | 1000 | 1029 |
| Freddie Mac Pool #QO3370 6.00% 4/1/2040 <sup>(f)</sup>  | 783 | 807 |
| Freddie Mac Pool #SD3513 6.00% 8/1/2053 <sup>(f)</sup>  | 29 | 30 |
| Freddie Mac Pool #QH6125 6.00% 12/1/2053 <sup>(f)</sup>  | 31 | 32 |
| Freddie Mac Pool #QH9078 5.50% 1/1/2054 <sup>(f)</sup>  | 490 | 492 |
| Freddie Mac Pool #RJ1372 6.00% 1/1/2054 <sup>(f)</sup>  | 1498 | 1524 |
| Freddie Mac Pool #RJ0854 6.50% 1/1/2054 <sup>(f)</sup>  | 116 | 121 |
| Freddie Mac Pool #QH9775 5.50% 2/1/2054 <sup>(f)</sup>  | 497 | 497 |
| Freddie Mac Pool #SD8431 5.50% 5/1/2054 <sup>(f)</sup>  | 478 | 479 |
| Freddie Mac Pool #SD8432 6.00% 5/1/2054 <sup>(f)</sup>  | 856 | 871 |
| Freddie Mac Pool #QI6042 6.00% 5/1/2054 <sup>(f)</sup>  | 703 | 717 |
| Freddie Mac Pool #QI8145 6.00% 6/1/2054 <sup>(f)</sup>  | 901 | 920 |
| Freddie Mac Pool #SD8439 6.00% 6/1/2054 <sup>(f)</sup>  | 12 | 12 |
| Freddie Mac Pool #RJ1725 6.50% 6/1/2054 <sup>(f)</sup>  | 198 | 207 |
| Freddie Mac Pool #RJ2526 6.00% 7/1/2054 <sup>(f)</sup>  | 514 | 523 |
| Freddie Mac Pool #RJ1986 6.50% 7/1/2054 <sup>(f)</sup>  | 2133 | 2209 |
| Freddie Mac Pool #SD5986 6.50% 7/1/2054 <sup>(f)</sup>  | 732 | 764 |
| Freddie Mac Pool #SD8454 6.00% 8/1/2054 <sup>(f)</sup>  | 2348 | 2388 |
| Freddie Mac Pool #SD8455 6.50% 8/1/2054 <sup>(f)</sup>  | 1000 | 1033 |
| Freddie Mac Pool #SD8462 5.50% 9/1/2054 <sup>(f)</sup>  | 12151 | 12160 |
| Freddie Mac Pool #QJ3945 6.00% 9/1/2054 <sup>(f)</sup>  | 35 | 35 |
| Freddie Mac Pool #SD8464 6.50% 9/1/2054 <sup>(f)</sup>  | 177 | 183 |
| Freddie Mac Pool #QJ5733 6.00% 10/1/2054 <sup>(f)</sup>  | 157 | 160 |
| Freddie Mac Pool #SD8475 5.50% 11/1/2054 <sup>(f)</sup>  | 13506 | 13516 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(f)</sup>  | 510 | 519 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(f)</sup>  | 44929 | 45684 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(f)</sup>  | 11912 | 12112 |
| Uniform Mortgage-Backed Security 5.50% 7/1/2040 <sup>(f)</sup>  | 492 | 501 |
| Uniform Mortgage-Backed Security 6.00% 7/1/2055 <sup>(f)(g)</sup>  | 24500 | 24899 |
|  |  | 168216 |
| **Collateralized mortgage-backed obligations (privately originated) 11.46%** |  |  |
| Angel Oak Mortgage Trust, Series 2024-8, Class A1, 5.338% 5/27/2069 (6.338% on 8/1/2028) <sup>(c)(e)(f)</sup>  | 1568 | 1565 |
| Arroyo Mortgage Trust, Series 2019-1, Class A1, 3.805% 1/25/2049 <sup>(c)(d)(f)</sup>  | 68 | 66 |
| Arroyo Mortgage Trust, Series 2019-2, Class A3, 3.80% 4/25/2049 <sup>(c)(d)(f)</sup>  | 306 | 298 |
| Arroyo Mortgage Trust, Series 2022-1, Class A1A, 2.495% 12/25/2056 (3.495% on 2/25/2026) <sup>(c)(e)(f)</sup>  | 272 | 262 |
| Atlas SP, Series 2024-RPL1, Class A1, 3.85% 4/25/2064 (4.85% on 8/1/2028) <sup>(c)(e)(f)</sup>  | 2887 | 2792 |
| BRAVO Residential Funding Trust, Series 2020-RPL1, Class A1, 2.50% 5/26/2059 <sup>(c)(d)(f)</sup>  | 50 | 49 |

---

---

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

---

------

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)** |  |  |
| BRAVO Residential Funding Trust, Series 2023-NQM8, Class A1, 6.394% 10/25/2063 (7.394% on <br> 11/1/2027) <sup>(c)(e)(f)</sup>  | USD<br> 1,676<br>| $1692 |
| BRAVO Residential Funding Trust, Series 2025-NQM1, Class A1, 5.604% 12/25/2064 <sup>(c)(e)(f)</sup>  | 5480 | 5515 |
| BRAVO Residential Funding Trust, Series 2025-NQM5, Class A1, 5.496% 2/25/2065 (6.496% on <br> 5/1/2027) <sup>(c)(e)(f)</sup>  | 3934 | 3958 |
| Cascade Funding Mortgage Trust, Series 2024-NR1, Class A1, 6.405% 11/25/2029 (9.405% on <br> 11/25/2027) <sup>(c)(e)(f)</sup>  | 3883 | 3904 |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class A, 4.25% 4/25/2033 <sup>(c)(d)(f)</sup>  | 316 | 313 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(c)(d)(f)</sup>  | 692 | 686 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(c)(d)(f)</sup>  | 485 | 471 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(c)(d)(f)</sup>  | 3150 | 3084 |
| Cascade Funding Mortgage Trust, Series 2024-R1, Class A1, 4.00% 10/25/2054 (5.00% on 10/25/2028) <sup>(c)(e)(f)</sup>  | 2011 | 1976 |
| CIM Trust, Series 2018-R3, Class A1, 5.00% 12/25/2057 <sup>(c)(d)(f)</sup>  | 18 | 18 |
| CIM Trust, Series 2025-R1, Class A1, 5.00% 2/25/2099 (8.00% on 3/1/2028) <sup>(c)(e)(f)</sup>  | 2519 | 2493 |
| COLT Funding, LLC, Series 2023-1, Class A1, 6.048% 4/25/2068 (7.048% on 4/1/2027) <sup>(c)(e)(f)</sup>  | 829 | 831 |
| COLT Funding, LLC, Series 2023-3, Class A1, 7.18% 9/25/2068 (8.18% on 9/1/2027) <sup>(c)(e)(f)</sup>  | 884 | 898 |
| Connecticut Avenue Securities, Series 2025-R01, Class 1A1, (30-day Average USD-SOFR + 0.95%) 5.255% <br> 1/25/2045 <sup>(c)(d)(f)</sup>  | 1848 | 1846 |
| Connecticut Avenue Securities Trust, Series 2016-C02, Class 1M2, (30-day Average USD-SOFR + 6.114%) <br> 10.42% 9/25/2028 <sup>(d)(f)</sup>  | 40 | 41 |
| Connecticut Avenue Securities Trust, Series 2023-R01, Class 1M1, (30-day Average USD-SOFR + 2.40%) <br> 6.705% 12/25/2042 <sup>(c)(d)(f)</sup>  | 1047 | 1075 |
| Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M1, (30-day Average USD-SOFR + 1.90%) <br> 6.205% 6/25/2043 <sup>(c)(d)(f)</sup>  | 303 | 306 |
| Connecticut Avenue Securities Trust, Series 2023-R06, Class 1M1, (30-day Average USD-SOFR + 1.70%) <br> 6.005% 7/25/2043 <sup>(c)(d)(f)</sup>  | 305 | 307 |
| Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M1, (30-day Average USD-SOFR + 1.05%) <br> 5.355% 1/25/2044 <sup>(c)(d)(f)</sup>  | 905 | 904 |
| Connecticut Avenue Securities Trust, Series 2024-R01, Class 1B1, (30-day Average USD-SOFR + 2.70%) <br> 7.005% 1/25/2044 <sup>(c)(d)(f)</sup>  | 995 | 1021 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 5.405% 2/25/2044 <sup>(c)(d)(f)</sup>  | 624 | 624 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1B1, (30-day Average USD-SOFR + 2.50%) <br> 6.805% 2/25/2044 <sup>(c)(d)(f)</sup>  | 593 | 604 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 5.405% 5/25/2044 <sup>(c)(d)(f)</sup>  | 814 | 814 |
| Connecticut Avenue Securities Trust, Series 2024-R04, Class 1B1, (30-day Average USD-SOFR + 2.20%) <br> 6.505% 5/25/2044 <sup>(c)(d)(f)</sup>  | 333 | 338 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1A1, (30-day Average USD-SOFR + 1.15%) <br> 5.455% 9/25/2044 <sup>(c)(d)(f)</sup>  | 1921 | 1929 |
| Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M2, (30-day Average USD-SOFR + 1.60%) <br> 5.905% 9/25/2044 <sup>(c)(d)(f)</sup>  | 275 | 276 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 5.305% 2/25/2045 <sup>(c)(d)(f)</sup>  | 584 | 585 |
| Finance of America HECM Buyout, Series 24-HB1, Class A1A, 4.00% 10/1/2034 <sup>(c)(d)(f)</sup>  | 2340 | 2326 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(c)(e)(f)</sup>  | 2195 | 2114 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2015-DNA3, Class M3, (30-day Average <br> USD-SOFR + 4.814%) 9.12% 4/25/2028 <sup>(d)(f)</sup>  | 46 | 47 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2016-DNA1, Class M3, (30-day Average <br> USD-SOFR + 5.664%) 9.97% 7/25/2028 <sup>(d)(f)</sup>  | 143 | 147 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA5, Class M1A, (30-day Average <br> USD-SOFR + 2.95%) 7.255% 6/25/2042 <sup>(c)(d)(f)</sup>  | 832 | 851 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1A, (30-day Average <br> USD-SOFR + 2.15%) 6.455% 9/25/2042 <sup>(c)(d)(f)</sup>  | 1073 | 1081 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA1, Class A1, (30-day Average <br> USD-SOFR + 1.35%) 5.655% 2/25/2044 <sup>(c)(d)(f)</sup>  | 1408 | 1415 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.25%) 5.555% 5/25/2044 <sup>(c)(d)(f)</sup>  | 1970 | 1980 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2024-DNA3, Class A1, (30-day Average <br> USD-SOFR + 1.05%) 5.355% 10/25/2044 <sup>(c)(d)(f)</sup>  | 1429 | 1430 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA1, Class A1, (30-day Average <br> USD-SOFR + 0.95%) 5.255% 1/25/2045 <sup>(c)(d)(f)</sup>  | 952 | 951 |

---

---

| | |
|:---|:---|
| **121** | 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)** |  |  |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2025-DNA2, Class A1, (30-day Average <br> USD-SOFR + 1.10%) 5.405% 5/25/2045 <sup>(c)(d)(f)</sup>  | USD<br> 1,108<br>| $1109 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA1, Class M2, (30-day Average <br> USD-SOFR + 1.814%) 6.12% 1/25/2050 <sup>(c)(d)(f)</sup>  | 20 | 20 |
| GCAT Trust, Series 2024-NQM2, Class A1, 6.085% 6/25/2059 (7.359% on 5/1/2028) <sup>(c)(e)(f)</sup>  | 645 | 650 |
| GS Mortgage-Backed Securities Trust, Series 2024-RPL2, Class A1, 3.75% 7/25/2061 (4.75% on <br> 2/1/2028) <sup>(c)(e)(f)</sup>  | 615 | 599 |
| Imperial Fund Mortgage Trust, Series 2022-NQM7, Class A1, 7.369% 11/25/2067 (8.369% on <br> 11/1/2026) <sup>(c)(e)(f)</sup>  | 443 | 444 |
| Imperial Fund Mortgage Trust, Series 2023-NQM1, Class A1, 5.941% 2/25/2068 (6.941% on 1/1/2027) <sup>(c)(e)(f)</sup>  | 1376 | 1376 |
| MFRA Trust, Series 2024-NQM2, Class A1, 5.272% 8/1/2064 (6.272% on 8/1/2028) <sup>(c)(e)(f)</sup>  | 4192 | 4181 |
| MFRA Trust, Series 2024-NQM3, Class A1, 5.722% 12/25/2069 (6.722% on 12/1/2028) <sup>(c)(e)(f)</sup>  | 2138 | 2153 |
| Mill City Mortgage Trust, Series 2019-GS2, Class A1, 2.75% 8/25/2059 <sup>(c)(d)(f)</sup>  | 231 | 224 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM2, Class A1, 6.386% 5/25/2069 (7.386% <br> on 5/1/2028) <sup>(c)(e)(f)</sup>  | 1469 | 1485 |
| New Residential Mortgage Loan Trust, Series 2019-RPL3, Class A1, 2.75% 7/25/2059 <sup>(c)(d)(f)</sup>  | 541 | 520 |
| New Residential Mortgage Loan Trust, Series 2020-RPL1, Class A1, 2.75% 11/25/2059 <sup>(c)(d)(f)</sup>  | 200 | 192 |
| New Residential Mortgage Loan Trust, Series 2025-NQM2, Class A1, 5.566% 5/25/2065 <sup>(c)(e)(f)</sup>  | 2567 | 2584 |
| New York Mortgage Trust, Series 2024-CP1, Class A1, 3.75% 2/25/2068 <sup>(c)(d)(f)</sup>  | 541 | 501 |
| NRZ Excess Spread Collateralized Notes, Series 2025-FHT1, Class A, 6.545% 3/25/2032 <sup>(c)(e)(f)</sup>  | 5494 | 5522 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2024-HYB1, Class A1, 3.644% 3/25/2053 <sup>(c)(d)(f)</sup>  | 981 | 967 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2022-NQM9, Class A1A, 6.45% 9/25/2062 (7.45% on <br> 11/1/2026) <sup>(c)(e)(f)</sup>  | 705 | 706 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2023-NQM1, Class A1, 6.12% 11/25/2062 (7.12% on <br> 12/1/2026) <sup>(c)(e)(f)</sup>  | 448 | 448 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2023-NQM4, Class A1, 6.113% 3/25/2063 (7.113% on <br> 5/1/2027) <sup>(c)(e)(f)</sup>  | 429 | 430 |
| Onslow Bay Financial Mortgage Loan Trust, Series 2025-NQM8, Class A1, 5.472% 3/25/2065 (6.472% on <br> 5/1/2029) <sup>(c)(e)(f)</sup>  | 2722 | 2733 |
| Onslow Bay Financial, LLC, Series 2024-NQM5, Class A1, 5.988% 3/25/2028 (6.988% on 3/1/2028) <sup>(c)(e)(f)</sup>  | 957 | 964 |
| Onslow Bay Financial, LLC, Series 2024-HYB2, Class A1, 3.677% 4/25/2053 <sup>(c)(d)(f)</sup>  | 2157 | 2155 |
| Onslow Bay Financial, LLC, Series 2024-NQM4, Class A1, 6.067% 1/25/2064 (7.067% on 2/1/2028) <sup>(c)(e)(f)</sup>  | 1354 | 1365 |
| Onslow Bay Financial, LLC, Series 2024-NQM7, Class A1, 6.243% 3/25/2064 (7.243% on 4/1/2028) <sup>(c)(e)(f)</sup>  | 1156 | 1168 |
| Onslow Bay Financial, LLC, Series 2024-NQM10, Class A1, 6.18% 5/25/2064 (7.18% on 6/1/2028) <sup>(c)(e)(f)</sup>  | 2522 | 2545 |
| Onslow Bay Financial, LLC, Series 2024-NQM8, Class A1, 6.233% 5/25/2064 (7.233% on 5/1/2028) <sup>(c)(e)(f)</sup>  | 3206 | 3244 |
| Onslow Bay Financial, LLC, Series 2024-NQM13, Class A1, 5.116% 6/25/2064 (6.116% on 8/1/2028) <sup>(c)(e)(f)</sup>  | 1967 | 1960 |
| Onslow Bay Financial, LLC, Series 2024-NQM11, Class A1, 5.875% 6/25/2064 (6.825% on 7/1/2028) <sup>(c)(e)(f)</sup>  | 3902 | 3926 |
| Onslow Bay Financial, LLC, Series 2024-NQM17, Class A1, 5.61% 11/25/2064 (6.61% on 11/1/2028) <sup>(c)(e)(f)</sup>  | 2489 | 2498 |
| Onslow Bay Financial, LLC, Series 2025-NQM3, Class A1, 5.648% 12/1/2064 (6.648% on 2/1/2029) <sup>(c)(e)(f)</sup>  | 3532 | 3553 |
| Onslow Bay Financial, LLC, Series 2025-NQM1, Class A1, 5.547% 12/25/2064 (6.547% on 12/1/2028) <sup>(c)(e)(f)</sup>  | 4979 | 5000 |
| Progress Residential Trust, Series 2024-SFR5, Class B, 3.25% 8/9/2029 <sup>(c)(e)(f)</sup>  | 1343 | 1260 |
| Progress Residential Trust, Series 2021-SFR6, Class A, 1.524% 7/17/2038 <sup>(c)(f)</sup>  | 1957 | 1908 |
| Progress Residential Trust, Series 2022-SFR3, Class A, 3.20% 4/17/2039 <sup>(c)(f)</sup>  | 479 | 467 |
| Progress Residential Trust, Series 2024-SFR1, Class A, 3.35% 2/17/2041 <sup>(c)(f)</sup>  | 1143 | 1096 |
| Progress Residential Trust, Series 2024-SFR3, Class A, 3.00% 6/17/2041 <sup>(c)(f)</sup>  | 2247 | 2121 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(c)(f)</sup>  | 997 | 939 |
| PRP Advisors, LLC, Series 2025-RPL3, Class A1, 3.25% 4/25/2055 (4.25% on 4/1/2028) <sup>(c)(e)(f)</sup>  | 1816 | 1739 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class A, (1-month USD CME Term SOFR + 1.75%) <br> 6.062% 10/17/2041 <sup>(c)(d)(f)</sup>  | 1648 | 1659 |
| Starwood Mortgage Residential Trust, Series 2025-SFR5, Class A, (1-month USD CME Term SOFR + 1.45%) <br> 5.762% 2/17/2042 <sup>(c)(d)(f)</sup>  | 600 | 601 |
| Towd Point Mortgage Trust, Series 2015-5, Class B1, 4.009% 5/25/2055 <sup>(c)(d)(f)</sup>  | 990 | 974 |
| Towd Point Mortgage Trust, Series 2016-2, Class M1, 3.00% 8/25/2055 <sup>(c)(d)(f)</sup>  | 273 | 268 |
| Towd Point Mortgage Trust, Series 2016-3, Class M2, 4.00% 4/25/2056 <sup>(c)(d)(f)</sup>  | 2161 | 2144 |
| Towd Point Mortgage Trust, Series 2017-1, Class A2, 3.50% 10/25/2056 <sup>(c)(d)(f)</sup>  | 109 | 108 |
| Towd Point Mortgage Trust, Series 2017-2, Class A4, 3.676% 4/25/2057 <sup>(c)(d)(f)</sup>  | 391 | 385 |
| Towd Point Mortgage Trust, Series 2017-6, Class A1, 2.75% 10/25/2057 <sup>(c)(d)(f)</sup>  | 303 | 297 |
| Towd Point Mortgage Trust, Series 2018-1, Class A1, 3.00% 1/25/2058 <sup>(c)(d)(f)</sup>  | 192 | 190 |
| Towd Point Mortgage Trust, Series 2019-1, Class A1, 3.75% 3/25/2058 <sup>(c)(d)(f)</sup>  | 409 | 399 |
| Towd Point Mortgage Trust, Series 2019-2, Class A1, 3.704% 12/25/2058 <sup>(c)(d)(f)</sup>  | 426 | 413 |
| Towd Point Mortgage Trust, Series 15-2, Class 1B2, 3.75% 11/25/2060 <sup>(c)(d)(f)</sup>  | 1225 | 1189 |
| Towd Point Mortgage Trust, Series 2023-1, Class A1, 3.75% 1/25/2063 <sup>(c)(f)</sup>  | 934 | 903 |

---

---

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

---

------

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)** |  |  |
| Towd Point Mortgage Trust, Series 2024-3, Class A1A, 5.107% 7/25/2065 <sup>(c)(d)(f)</sup>  | USD<br> 1,678<br>| $1712 |
| Tricon Residential Trust, Series 2024-SFR2, Class A, 4.75% 6/17/2040 <sup>(c)(f)</sup>  | 1371 | 1376 |
| Tricon Residential Trust, Series 2023-SFR2, Class A, 5.00% 12/17/2040 <sup>(c)(f)</sup>  | 347 | 349 |
| Tricon Residential Trust, Series 2024-SFR3, Class A, 4.50% 8/17/2041 <sup>(c)(f)</sup>  | 2242 | 2231 |
| Verus Securitization Trust, Series 2023-1, Class A1, 5.85% 12/25/2067 (6.85% on 1/1/2027) <sup>(c)(e)(f)</sup>  | 487 | 486 |
| Verus Securitization Trust, Series 2023-3, Class A1, 5.93% 3/25/2068 (6.93% on 4/1/2027) <sup>(c)(e)(f)</sup>  | 187 | 187 |
| Verus Securitization Trust, Series 2023-4, Class A1, 5.811% 5/25/2068 (6.811% on 5/1/2027) <sup>(c)(e)(f)</sup>  | 747 | 748 |
| Verus Securitization Trust, Series 2023-5, Class A5, 6.476% 6/25/2068 (7.476% on 6/1/2027) <sup>(c)(e)(f)</sup>  | 509 | 513 |
| Verus Securitization Trust, Series 2024-2, Class A1, 6.095% 2/25/2069 (7.095% on 2/1/2028) <sup>(c)(e)(f)</sup>  | 1180 | 1189 |
| Verus Securitization Trust, Series 2024-3, Class A1, 6.338% 4/25/2069 (7.338% on 4/1/2028) <sup>(c)(e)(f)</sup>  | 3397 | 3437 |
| Verus Securitization Trust, Series 2024-4, Class A1, 6.218% 6/25/2069 (7.218% on 5/1/2028) <sup>(c)(e)(f)</sup>  | 1052 | 1064 |
| Verus Securitization Trust, Series 24-R1, Class A1, 5.218% 9/25/2069 (6.218% on 10/1/2028) <sup>(c)(e)(f)</sup>  | 1023 | 1023 |
| Verus Securitization Trust, Series 2024-8, Class A1, 5.364% 10/25/2069 <sup>(c)(d)(f)</sup>  | 2288 | 2288 |
| Verus Securitization Trust, Series 2024-9, Class A1, 5.438% 11/25/2069 <sup>(c)(d)(f)</sup>  | 2019 | 2024 |
| Verus Securitization Trust, Series 2025-3, Class A1, 5.623% 5/25/2070 (6.623% on 4/1/2029) <sup>(c)(e)(f)</sup>  | 1815 | 1825 |
| Verus Securitization Trust, Series 2025-5, Class A1, 5.427% 6/25/2070 (6.427% on 6/1/2029) <sup>(c)(e)(f)</sup>  | 3246 | 3281 |
|  |  | 151898 |
| **Commercial mortgage-backed securities 7.94%** |  |  |
| ALA Trust, Series 2025-OANA, Class A, (1-month USD CME Term SOFR + 1.743%) 6.043% 6/15/2030 <sup>(c)(d)(f)</sup>  | 3550 | 3575 |
| AMSR Trust, Series 2021-SFR3, Class A, 1.476% 10/17/2038 <sup>(c)(f)</sup>  | 2477 | 2380 |
| ARES Commercial Mortgage Trust, Series 24-IND, Class A, (1-month USD CME Term SOFR + 1.69%) 6.003% <br> 7/15/2041 <sup>(c)(d)(f)</sup>  | 447 | 448 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class A, 5.409% 11/10/2029 <sup>(c)(d)(f)</sup>  | 2337 | 2386 |
| Banc of America Commercial Mortgage, Inc., Series 2015-UBS7, Class A4, 3.705% 9/15/2048 <sup>(f)</sup>  | 260 | 259 |
| Bank5, Series 2025-5YR14, Class AS, 6.072% 4/15/2058 <sup>(f)</sup>  | 1227 | 1283 |
| Bank5, Series 2025-5YR14, Class C, 6.463% 4/15/2058 <sup>(d)(f)</sup>  | 1403 | 1445 |
| Bank Commercial Mortgage Trust, Series 2017-BNK4, Class A3, 3.362% 5/15/2050 <sup>(f)</sup>  | 819 | 807 |
| Bank Commercial Mortgage Trust, Series 2017-BNK4, Class A4, 3.625% 5/15/2050 <sup>(f)</sup>  | 1127 | 1110 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class A3, 6.26% 4/15/2056 <sup>(d)(f)</sup>  | 133 | 138 |
| Bank Commercial Mortgage Trust, Series 2024-5YR8, Class A3, 5.884% 8/15/2057 <sup>(f)</sup>  | 430 | 449 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class A3, 5.893% 11/15/2057 <sup>(f)</sup>  | 2142 | 2246 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class A3, 5.902% 12/15/2057 <sup>(d)(f)</sup>  | 350 | 368 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class AS, 6.122% 12/15/2057 <sup>(d)(f)</sup>  | 166 | 174 |
| Bank Commercial Mortgage Trust, Series 2019-BN18, Class A4, 3.584% 5/15/2062 <sup>(f)</sup>  | 414 | 393 |
| Barclays Commercial Mortgage Securities, LLC, Series 2018-TALL, Class A, ((1-month USD CME Term SOFR + <br> 0.047%) + 0.872%) 5.231% 3/15/2037 <sup>(c)(d)(f)</sup>  | 241 | 228 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C31, Class AS, 5.852% 12/15/2057 <sup>(f)</sup>  | 574 | 594 |
| Benchmark Mortgage Trust, Series 2018-B2, Class A5, 3.882% 2/15/2051 <sup>(d)(f)</sup>  | 305 | 299 |
| Benchmark Mortgage Trust, Series 2018-B3, Class AS, 4.195% 4/10/2051 <sup>(d)(f)</sup>  | 800 | 765 |
| Benchmark Mortgage Trust, Series 2018-B7, Class A4, 4.51% 5/15/2053 <sup>(d)(f)</sup>  | 145 | 144 |
| Benchmark Mortgage Trust, Series 2020-B19, Class A5, 1.85% 9/15/2053 <sup>(f)</sup>  | 351 | 304 |
| Benchmark Mortgage Trust, Series 2024-V9, Class A3, 5.602% 8/15/2057 <sup>(f)</sup>  | 845 | 874 |
| Benchmark Mortgage Trust, Series 2024-V9, Class AS, 6.064% 8/15/2057 <sup>(d)(f)</sup>  | 50 | 52 |
| Benchmark Mortgage Trust, Series 2024-V10, Class A3, 5.277% 9/15/2057 <sup>(f)</sup>  | 53 | 55 |
| Benchmark Mortgage Trust, Series 2025-V14, Class AM, 6.09% 4/15/2058 <sup>(f)</sup>  | 1105 | 1157 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, (1-month USD CME Term SOFR + 1.342%) <br> 5.654% 3/15/2041 <sup>(c)(d)(f)</sup>  | 992 | 995 |
| BMO Mortgage Trust, Series 2023-5C1, Class A3, 6.534% 8/15/2056 <sup>(d)(f)</sup>  | 89 | 94 |
| BMO Mortgage Trust, Series 2023-C6, Class A5, 5.956% 9/15/2056 <sup>(d)(f)</sup>  | 60 | 63 |
| BMO Mortgage Trust, Series 2024-5C3, Class AS, 6.286% 2/15/2057 <sup>(d)(f)</sup>  | 561 | 583 |
| BMO Mortgage Trust, Series 2024-5C5, Class AS, 6.364% 2/15/2057 <sup>(d)(f)</sup>  | 985 | 1032 |
| BMO Mortgage Trust, Series 2024-5C6, Class A3, 5.316% 9/15/2057 <sup>(f)</sup>  | 1784 | 1828 |
| BMO Mortgage Trust, Series 2024-5C8, Class AS, 5.94% 12/15/2057 <sup>(d)(f)</sup>  | 450 | 468 |
| BMO Mortgage Trust, Series 2025-5C9, Class A3, 5.7785% 4/15/2058 <sup>(f)</sup>  | 1380 | 1442 |
| BOCA Commercial Mortgage Trust, Series 2024-BOCA, Class A, (1-month USD CME Term SOFR + 1.921%) <br> 6.232% 8/15/2041 <sup>(c)(d)(f)</sup>  | 4000 | 4017 |
| BX Commercial Mortgage Trust, Series 2024-GPA3, Class A, (1-month USD CME Term SOFR + 1.293%) <br> 5.605% 12/15/2039 <sup>(c)(d)(f)</sup>  | 2165 | 2170 |
| BX Trust, Series 2024-CNYN, Class A, (1-month USD CME Term SOFR + 1.442%) 5.754% 4/15/2029 <sup>(c)(d)(f)</sup>  | 1838 | 1844 |

---

---

| | |
|:---|:---|
| **123** | 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)** |  |  |
| BX Trust, Series 2024-KING, Class A, (1-month USD CME Term SOFR + 1.541%) 5.853% 5/15/2034 <sup>(c)(d)(f)</sup>  | USD<br> 655<br>| $656 |
| BX Trust, Series 2021-VOLT, Class B, (1-month USD CME Term SOFR + 1.064%) 5.376% 9/15/2036 <sup>(c)(d)(f)</sup>  | 183 | 183 |
| BX Trust, Series 2021-ACNT, Class A, (1-month USD CME Term SOFR + 0.964%) 5.276% 11/15/2038 <sup>(c)(d)(f)</sup>  | 429 | 429 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 5.302% 2/15/2039 <sup>(c)(d)(f)</sup>  | 483 | 483 |
| BX Trust, Series 2024-AIRC, Class A, (1-month USD CME Term SOFR + 1.691%) 6.003% 8/15/2039 <sup>(c)(d)(f)</sup>  | 2139 | 2151 |
| BX Trust, Series 2022-PSB, Class A, (1-month USD CME Term SOFR + 2.451%) 6.763% 8/15/2039 <sup>(c)(d)(f)</sup>  | 78 | 78 |
| BX Trust, Series 2022-PSB, Class C, (1-month USD CME Term SOFR + 3.697%) 8.009% 8/15/2039 <sup>(c)(d)(f)</sup>  | 140 | 140 |
| BX Trust, Series 2024-BIO2, Class A, 5.594% 8/13/2041 <sup>(c)(d)(f)</sup>  | 3803 | 3858 |
| BX Trust, Series 2025-BIO3, Class A, 6.138% 2/10/2042 <sup>(c)(f)</sup>  | 3361 | 3455 |
| BX Trust, Series 2025-GW, Class A, (1-month USD CME Term SOFR + 1.60%) 5.927% 7/15/2042 <sup>(c)(d)(f)</sup>  | 4000 | 4017 |
| BXP Trust, Series 2017-GM, Class A, 3.379% 6/13/2039 <sup>(c)(f)</sup>  | 887 | 858 |
| CALI Mortgage Trust, Series 24-SUN, Class A, (1-month USD CME Term SOFR + 1.89%) 6.203% <br> 7/15/2041 <sup>(c)(d)(f)</sup>  | 454 | 455 |
| CART, Series 2024-DFW1, Class A, (1-month USD CME Term SOFR + 1.642%) 5.953% 8/15/2041 <sup>(c)(d)(f)</sup>  | 983 | 981 |
| CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(f)</sup>  | 375 | 365 |
| Citigroup Commercial Mortgage Trust, Series 2023-PRM3, Class A, 6.36% 7/10/2028 <sup>(c)(d)(f)</sup>  | 750 | 785 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class A, 6.015% 10/12/2040 <sup>(c)(d)(f)</sup>  | 361 | 373 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 2/10/2049 <sup>(f)</sup>  | 1000 | 987 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC37, Class A4, 3.314% 4/10/2049 <sup>(f)</sup>  | 270 | 267 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.1908% 11/15/2050 <sup>(f)</sup>  | 68 | 66 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A5, 3.458% 11/15/2050 <sup>(d)(f)</sup>  | 1800 | 1744 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class A, 6.314% 9/10/2040 <sup>(c)(f)</sup>  | 2490 | 2600 |
| ELM Trust 2024, Series 2024-ELM, Class A15, 5.994% 6/10/2039 <sup>(c)(d)(f)</sup>  | 1928 | 1944 |
| ELM Trust 2024, Series 2024-ELM, Class A10, 5.994% 6/10/2039 <sup>(c)(d)(f)</sup>  | 1752 | 1772 |
| Extended Stay America Trust, Series 2021-ESH, Class A, (1-month USD CME Term SOFR + 1.194%) 5.506% <br> 7/15/2038 <sup>(c)(d)(f)</sup>  | 429 | 429 |
| Extended Stay America Trust, Series 2021-ESH, Class B, (1-month USD CME Term SOFR + 1.494%) 5.806% <br> 7/15/2038 <sup>(c)(d)(f)</sup>  | 429 | 429 |
| FIVE Mortgage Trust, Series 2023-V1, Class A3, 5.668% 2/10/2056 <sup>(f)</sup>  | 1216 | 1247 |
| FS Commercial Trust, Series 2023-4SZN, Class A, 7.066% 11/10/2039 <sup>(c)(f)</sup>  | 808 | 828 |
| FS Trust, Series 2024-HULA, Class A, (1-month USD CME Term SOFR + 1.811%) 6.123% 8/15/2039 <sup>(c)(d)(f)</sup>  | 4000 | 4019 |
| Great Wolf Trust, Series 2024-WLF2, Class A, (1-month USD CME Term SOFR + 1.691%) 6.003% <br> 5/15/2041 <sup>(c)(d)(f)</sup>  | 1356 | 1361 |
| GS Mortgage Securities Trust, Series 2014-GC24, Class A5, 3.931% 9/10/2047 <sup>(f)</sup>  | 8 | 8 |
| GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(f)</sup>  | 454 | 442 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class A, (1-month USD CME Term SOFR + 1.393%) 5.705% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 2419 | 2424 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.913% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 1358 | 1358 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 5.876% 5/10/2039 <sup>(c)(d)(f)</sup>  | 591 | 597 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A, 5.649% 1/13/2040 <sup>(c)(d)(f)</sup>  | 3625 | 3741 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class A, (1-month USD CME Term SOFR + 1.35%) 5.662% <br> 3/15/2042 <sup>(c)(d)(f)</sup>  | 2995 | 2986 |
| LV Trust, Series 2024-SHOW, Class A, 5.274% 10/10/2041 <sup>(c)(d)(f)</sup>  | 2549 | 2577 |
| Manhattan West Mortgage Trust, Series 2020-1MW, Class A, 2.13% 9/10/2039 <sup>(c)(f)</sup>  | 857 | 811 |
| Morgan Stanley BAML Trust, Series 2025-5C1, Class AS, 6.011% 3/15/2030 <sup>(f)</sup>  | 1807 | 1868 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS, 3.561% 4/15/2048 <sup>(f)</sup>  | 500 | 488 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C24, Class AS, 4.036% 5/15/2048 <sup>(d)(f)</sup>  | 500 | 498 |
| Morgan Stanley Capital I Trust, Series 2015-UBS8, Class AS, 4.114% 12/15/2048 <sup>(f)</sup>  | 550 | 541 |
| Multi Family Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 8.305% 11/25/2053 <sup>(c)(d)(f)</sup>  | 205 | 212 |
| Multi Family Connecticut Avenue Securities, Series 2024-01, Class M7, (30-day Average USD-SOFR + 2.75%) <br> 7.055% 7/25/2054 <sup>(c)(d)(f)</sup>  | 534 | 539 |
| Multi Family Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.705% 5/25/2055 <sup>(c)(d)(f)</sup>  | 1082 | 1085 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class A, (1-month USD CME Term SOFR + 1.392%) <br> 5.703% 5/15/2039 <sup>(c)(d)(f)</sup>  | 708 | 708 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class B, (1-month USD CME Term SOFR + 1.741%) <br> 6.053% 5/15/2039 <sup>(c)(d)(f)</sup>  | 486 | 484 |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.576% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(c)(e)(f)</sup>  | 1000 | 996 |

---

---

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

---

------

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)** |  |  |
| SFO Commerical Mortgage Trust, Series 2021-555, Class B, (1-month USD CME Term SOFR + 1.614%) <br> 5.926% 5/15/2038 <sup>(c)(d)(f)</sup>  | USD<br> 362<br>| $360 |
| SG Commercial Mortgage Securities Trust, Series 2016-C5, Class A3, 2.779% 10/10/2048 <sup>(f)</sup>  | 747 | 736 |
| StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class A, (1-month USD CME Term SOFR + <br> 1.00%) 5.312% 1/15/2039 <sup>(c)(d)(f)</sup>  | 500 | 498 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, (1-month USD CME Term SOFR + 1.443%) <br> 5.755% 3/15/2042 <sup>(c)(d)(f)</sup>  | 4783 | 4756 |
| UBS Commercial Mortgage Trust, Series 2017-C2, Class A4, 3.487% 8/15/2050 <sup>(f)</sup>  | 300 | 293 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-C29, Class AS, 4.013% 6/15/2048 <sup>(d)(f)</sup>  | 368 | 367 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5, 3.418% 9/15/2050 <sup>(f)</sup>  | 505 | 490 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C1, Class AS, 6.52% 7/15/2057 <sup>(f)</sup>  | 40 | 42 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class A3, 5.92% 11/15/2057 <sup>(f)</sup>  | 225 | 236 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class AS, 6.145% 11/15/2057 <sup>(d)(f)</sup>  | 358 | 375 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-NXS-2, Class A-5, 3.767% 7/15/2058 <sup>(d)(f)</sup>  | 194 | 193 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C33, Class A4, 3.426% 3/15/2059 <sup>(f)</sup>  | 541 | 535 |
| WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%) <br> 7.101% 11/15/2027 <sup>(c)(d)(f)</sup>  | 206 | 206 |
| WSTN Trust, Series 2023-MAUI, Class B, 7.018% 7/5/2037 <sup>(c)(d)(f)</sup>  | 173 | 176 |
| WSTN Trust, Series 2023-MAUI, Class C, 7.69% 8/5/2027 <sup>(c)(d)(f)</sup>  | 100 | 101 |
|  |  | 105156 |
| **Total mortgage-backed obligations** |  | 425270 |
| **Asset-backed obligations 24.44%** | **Asset-backed obligations 24.44%** | **Asset-backed obligations 24.44%** |
| ACHV ABS Trust, Series 2024-2PL, Class A, 5.07% 10/27/2031 <sup>(c)(f)</sup>  | 913 | 917 |
| ACHV ABS Trust, Series 2025-1PL, Class B, 5.04% 4/26/2032 <sup>(c)(f)</sup>  | 4111 | 4104 |
| ACHV ABS Trust, Series 2025-1PL, Class C, 5.31% 4/26/2032 <sup>(c)(f)</sup>  | 5000 | 4984 |
| Affirm, Inc., Series 2023-B, Class A, 6.82% 9/15/2028 <sup>(c)(f)</sup>  | 457 | 459 |
| Affirm, Inc., Series 2024, Class 1A, 5.61% 2/15/2029 <sup>(c)(f)</sup>  | 3000 | 3014 |
| Affirm, Inc., Series 2024-A, Class A, 5.61% 2/15/2029 <sup>(c)(f)</sup>  | 1046 | 1051 |
| Affirm, Inc., Series 2024-X1, Class A, 6.27% 5/15/2029 <sup>(c)(f)</sup>  | 90 | 90 |
| Affirm, Inc., Series 2024-X2, Class A, 5.22% 12/17/2029 <sup>(c)(f)</sup>  | 597 | 597 |
| Affirm, Inc., Series 2025-X1, Class A, 5.08% 4/15/2030 <sup>(c)</sup>  | 4617 | 4622 |
| Allegro CLO, Ltd., Series 2019-1, Class ARR, (3-month USD CME Term SOFR + 1.13%) 5.399% <br> 4/20/2032 <sup>(c)(d)(f)</sup>  | 1433 | 1434 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class B, 5.60% 11/12/2027 <sup>(c)(f)</sup>  | 130 | 130 |
| American Credit Acceptance Receivables Trust, Series 2024-3, Class A, 5.76% 11/12/2027 <sup>(c)(f)</sup>  | 194 | 195 |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class B, 6.10% 12/13/2027 <sup>(c)(f)</sup>  | 923 | 928 |
| American Credit Acceptance Receivables Trust, Series 2024-3, Class B, 5.66% 8/14/2028 <sup>(c)(f)</sup>  | 2092 | 2102 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class B, 4.80% 11/13/2028 <sup>(c)(f)</sup>  | 250 | 250 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class B, 4.85% 5/14/2029 <sup>(c)</sup>  | 1042 | 1045 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class C, 5.63% 1/14/2030 <sup>(c)(f)</sup>  | 920 | 923 |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class D, 6.53% 4/12/2030 <sup>(c)(f)</sup>  | 1820 | 1865 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class C, 5.11% 3/12/2031 <sup>(c)</sup>  | 1759 | 1773 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class C, 4.91% 8/12/2031 <sup>(c)(f)</sup>  | 187 | 188 |
| American Credit Acceptance Receivables Trust, Series 2024-4, Class D, 5.34% 8/12/2031 <sup>(c)(f)</sup>  | 1431 | 1436 |
| American Money Management Corp., CLO, Series 2016-18, Class AR, (3-month USD CME Term SOFR + <br> 1.362%) 5.691% 5/26/2031 <sup>(c)(d)(f)</sup>  | 15 | 16 |
| Apidos CLO, Ltd., Series 2019-32A, Class A1R, (3-month USD CME Term SOFR + 1.10%) 5.369% <br> 1/20/2033 <sup>(c)(d)(f)</sup>  | 1166 | 1167 |
| Apollo Aviation Securitization Equity Trust, Series 2025-2A, Class A, 5.522% 2/16/2050 <sup>(c)</sup>  | 2763 | 2797 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 <sup>(c)(f)</sup>  | 1548 | 1580 |
| Auxilior Term Funding, LLC, Series 24-1, Class A2, 5.84% 3/15/2027 <sup>(c)(f)</sup>  | 1125 | 1131 |
| Avant Credit Card Master Trust, Series 2024-2A, Class A, 5.38% 5/15/2029 <sup>(c)(f)</sup>  | 5000 | 4987 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2, Class A, 2.02% 2/20/2027 <sup>(c)(f)</sup>  | 350 | 346 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class A, 6.12% 4/20/2027 <sup>(c)(f)</sup>  | 118 | 119 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class C, 6.24% 4/20/2027 <sup>(c)(f)</sup>  | 500 | 502 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class B, 6.03% 10/20/2027 <sup>(c)(f)</sup>  | 290 | 293 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class C, 6.18% 10/20/2027 <sup>(c)(f)</sup>  | 1000 | 1007 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-5, Class A, 5.78% 4/20/2028 <sup>(c)(f)</sup>  | 259 | 264 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class D, 7.31% 6/20/2029 <sup>(c)</sup>  | 289 | 294 |

---

---

| | |
|:---|:---|
| **125** | 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)** |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-1A, Class A, 4.80% 8/20/2029 <sup>(c)</sup>  | USD<br> 627<br>| $635 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8A, Class D, 7.52% 2/20/2030 <sup>(c)</sup>  | 770 | 785 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2024-1, Class A, 5.36% 6/20/2030 <sup>(c)(f)</sup>  | 700 | 720 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2025-2A, Class A, 5.12% 8/20/2031 <sup>(c)</sup>  | 2919 | 2977 |
| Ballyrock, Ltd., CLO, Series 2019-2A, Class A1R, (3-month USD CME Term SOFR + 1.40%) 5.722% <br> 2/20/2036 <sup>(c)(d)(f)</sup>  | 1250 | 1253 |
| Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 11/17/2033 <sup>(c)(f)</sup>  | 211 | 207 |
| Battalion CLO, Ltd., Series 2018-12A, Class ARR, (3-month USD CME Term SOFR + 0.93%) 5.254% <br> 5/17/2031 <sup>(c)(d)(f)</sup>  | 1640 | 1637 |
| Birch Grove CLO, Ltd., Series 2023-6, Class A1, (3-month USD CME Term SOFR + 2.20%) 6.469% <br> 7/20/2035 <sup>(c)(d)(f)</sup>  | 494 | 494 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class B, 5.41% 3/15/2030 <sup>(c)(f)</sup>  | 190 | 192 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class C, 6.38% 1/15/2031 <sup>(c)(f)</sup>  | 139 | 141 |
| Brex Commercial Charge Card Master Trust, Series 2024-1, Class A1, 6.05% 7/15/2027 <sup>(c)(f)</sup>  | 806 | 812 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class A3, 5.53% 1/18/2028 <sup>(f)</sup>  | 289 | 290 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-2, Class A3, 5.84% 6/15/2028 <sup>(f)</sup>  | 1834 | 1841 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class B, 5.43% 8/15/2028 <sup>(f)</sup>  | 251 | 252 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class C, 5.65% 4/16/2029 <sup>(f)</sup>  | 370 | 372 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-2, Class B, 5.94% 2/15/2030 <sup>(f)</sup>  | 2000 | 2021 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-3, Class D, 5.83% 5/15/2030 <sup>(f)</sup>  | 1441 | 1472 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-4, Class B, 4.77% 8/15/2030 <sup>(f)</sup>  | 787 | 788 |
| Capteris Equipment Finance, Series 2024-1, Class A2, 5.58% 7/20/2032 <sup>(c)(f)</sup>  | 2666 | 2704 |
| Carvana Auto Receivables Trust, Series 2023-N3, Class A, 6.41% 9/10/2027 <sup>(c)(f)</sup>  | 58 | 58 |
| Carvana Auto Receivables Trust, Series 2023-P3, Class A3, 5.82% 8/10/2028 <sup>(c)(f)</sup>  | 171 | 172 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(c)(f)</sup>  | 2309 | 2345 |
| CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 <sup>(c)(f)</sup>  | 1349 | 1335 |
| CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/2061 <sup>(c)(f)</sup>  | 1079 | 1039 |
| CFG Investments, Ltd., Series 2025-1, Class A, 6.47% 3/25/2036 <sup>(c)(f)</sup>  | 1489 | 1505 |
| Chesapeake Funding II, LLC, Series 2023-2, Class A1, 6.16% 10/15/2035 <sup>(c)(f)</sup>  | 265 | 268 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A3, 5.83% 2/15/2028 <sup>(c)(f)</sup>  | 544 | 548 |
| Citizens Auto Receivables Trust, Series 2023-2, Class A4, 5.74% 10/15/2030 <sup>(c)(f)</sup>  | 680 | 695 |
| CLI Funding VI, LLC, Series 2020-2A, Class A, 2.03% 9/15/2045 <sup>(c)(f)</sup>  | 312 | 290 |
| CLI Funding VIII, LLC, Series 2022-1, Class A, 2.72% 1/18/2047 <sup>(c)(f)</sup>  | 1535 | 1404 |
| Commercial Equipment Finance, Series 2024-1, Class A, 5.97% 7/16/2029 <sup>(c)(f)</sup>  | 581 | 587 |
| CPS Auto Receivables Trust, Series 2023-C, Class B, 5.98% 6/15/2027 <sup>(c)(f)</sup>  | 480 | 481 |
| CPS Auto Receivables Trust, Series 2024-A, Class B, 5.65% 5/15/2028 <sup>(c)(f)</sup>  | 139 | 139 |
| CPS Auto Receivables Trust, Series 2023-A, Class C, 5.54% 4/16/2029 <sup>(c)(f)</sup>  | 694 | 695 |
| CPS Auto Receivables Trust, Series 2023-C, Class C, 6.27% 10/15/2029 <sup>(c)(f)</sup>  | 465 | 469 |
| CPS Auto Receivables Trust, Series 2024-A, Class C, 5.74% 4/15/2030 <sup>(c)(f)</sup>  | 118 | 119 |
| CPS Auto Receivables Trust, Series 2024-A, Class D, 6.13% 4/15/2030 <sup>(c)(f)</sup>  | 100 | 102 |
| CPS Auto Trust, Series 2024-B, Class B, 6.04% 10/16/2028 <sup>(c)(f)</sup>  | 2000 | 2018 |
| CPS Auto Trust, Series 2025-B, Class B, 4.79% 11/15/2029 <sup>(c)</sup>  | 1929 | 1933 |
| CPS Auto Trust, Series 2024-B, Class C, 6.28% 7/15/2030 <sup>(c)(f)</sup>  | 2000 | 2040 |
| CPS Auto Trust, Series 2025-B, Class C, 5.12% 7/15/2031 <sup>(c)</sup>  | 2629 | 2650 |
| Crockett Partners Equipment Co. II, LLC, Series 2024-1C, Class A, 6.05% 1/20/2031 <sup>(c)(f)</sup>  | 2189 | 2214 |
| Crossroads Asset Trust, Series 2024-A, Class A2, 5.90% 8/20/2030 <sup>(c)(f)</sup>  | 828 | 839 |
| Daimler Trucks Retail Trust, Series 2024-1, Class A4, 5.56% 7/15/2031 <sup>(f)</sup>  | 1452 | 1485 |
| Dell Equipment Finance Trust, Series 2024-2, Class B, 4.82% 8/22/2030 <sup>(c)(f)</sup>  | 1992 | 2006 |
| DLLAD, LLC, Series 2024-1, Class A2, 5.50% 8/20/2027 <sup>(c)(f)</sup>  | 715 | 719 |
| DLLAD, LLC, Series 2024-1, Class A3, 5.30% 7/20/2029 <sup>(c)(f)</sup>  | 491 | 501 |
| Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.35% 2/15/2028 <sup>(f)</sup>  | 513 | 513 |
| Drive Auto Receivables Trust, Series 2024-1, Class B, 5.31% 1/16/2029 <sup>(f)</sup>  | 407 | 409 |
| Drive Auto Receivables Trust, Series 2024-2, Class B, 4.52% 7/16/2029 <sup>(f)</sup>  | 1114 | 1114 |
| Drive Auto Receivables Trust, Series 2024-1, Class C, 5.43% 11/17/2031 <sup>(f)</sup>  | 723 | 733 |
| Drive Auto Receivables Trust, Series 2024-2, Class C, 4.67% 5/17/2032 <sup>(f)</sup>  | 1090 | 1092 |
| Drive Auto Receivables Trust, Series 2025-1, Class B, 4.79% 9/15/2032  | 1849 | 1860 |
| Drive Auto Receivables Trust, Series 2025-1, Class C, 4.99% 9/15/2032  | 497 | 501 |
| DriveTime Auto Owner Trust, Series 2023-1, Class C, 5.55% 10/16/2028 <sup>(c)(f)</sup>  | 1061 | 1064 |
| Dryden Senior Loan Fund, CLO, Series 2015-37, Class AR, (3-month USD CME Term SOFR + 1.362%) 5.618% <br> 1/15/2031 <sup>(c)(d)(f)</sup>  | 101 | 101 |
| Enterprise Fleet Financing, LLC, Series 2024-1, Class A3, 5.16% 9/20/2030 <sup>(c)(f)</sup>  | 380 | 387 |
| EquipmentShare, Series 2024-2M, Class A, 5.70% 12/20/2032 <sup>(c)(f)</sup>  | 2257 | 2292 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(c)(f)</sup>  | 574 | 579 |

---

---

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

---

------

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)** |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class C, 5.53% 5/15/2029 <sup>(c)(f)</sup>  | USD<br> 230<br>| $232 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class A3, 5.31% 8/16/2027 <sup>(f)</sup>  | 50 | 50 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class B, 6.11% 9/15/2027 <sup>(f)</sup>  | 45 | 45 |
| Exeter Automobile Receivables Trust, Series 2023-4A, Class B, 6.31% 10/15/2027 <sup>(f)</sup>  | 214 | 215 |
| Exeter Automobile Receivables Trust, Series 2023-1A, Class C, 5.82% 2/15/2028 <sup>(f)</sup>  | 512 | 513 |
| Exeter Automobile Receivables Trust, Series 2022-6, Class C, 6.32% 5/15/2028 <sup>(f)</sup>  | 161 | 161 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class B, 5.29% 8/15/2028 <sup>(f)</sup>  | 514 | 515 |
| Exeter Automobile Receivables Trust, Series 2023-4A, Class C, 6.51% 8/15/2028 <sup>(f)</sup>  | 797 | 804 |
| Exeter Automobile Receivables Trust, Series 2023-1A, Class D, 6.69% 6/15/2029 <sup>(f)</sup>  | 240 | 244 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class C, 5.41% 5/15/2030 <sup>(f)</sup>  | 355 | 358 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class D, 5.84% 6/17/2030 <sup>(f)</sup>  | 574 | 585 |
| Exeter Automobile Receivables Trust, Series 2024-4A, Class B, 5.29% 8/15/2030 <sup>(f)</sup>  | 1210 | 1218 |
| Exeter Automobile Receivables Trust, Series 2024-4A, Class C, 5.48% 8/15/2030 <sup>(f)</sup>  | 423 | 428 |
| Exeter Select Automobile Receivables Trust, Series 2025-1, Class A2, 4.83% 10/16/2028  | 1286 | 1287 |
| First National Master Note Trust, Series 2023-1, Class A, 5.13% 4/15/2029 <sup>(f)</sup>  | 592 | 595 |
| First National Master Note Trust, Series 2023-2, Class A, 5.77% 9/17/2029 <sup>(f)</sup>  | 668 | 680 |
| First National Master Note Trust, Series 2024-1, Class A, 5.34% 5/15/2030 <sup>(f)</sup>  | 2110 | 2154 |
| FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.145% 5/17/2039 <sup>(c)(f)</sup>  | 490 | 487 |
| Flagship Credit Auto Trust, Series 2023-3, Class A3, 5.44% 4/17/2028 <sup>(c)(f)</sup>  | 141 | 141 |
| Flagship Credit Auto Trust, Series 2023-3, Class B, 5.64% 7/16/2029 <sup>(c)(f)</sup>  | 399 | 403 |
| Ford Credit Auto Lease Trust, Series 2024-A, Class A3, 5.06% 5/15/2027 <sup>(f)</sup>  | 806 | 808 |
| Ford Credit Auto Lease Trust, Series 2024-A, Class A4, 5.05% 6/15/2027 <sup>(f)</sup>  | 175 | 176 |
| Ford Credit Floorplan Master Owner Trust, Series 2025-1, Class A1, 4.63% 4/15/2030  | 2077 | 2103 |
| Fortress Credit BSL, Ltd., Series 2019-2A, Class A1AR, (3-month USD CME Term SOFR + 1.05%) 5.319% <br> 10/20/2032 <sup>(c)(d)(f)</sup>  | 1092 | 1092 |
| Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 11/19/2040 <sup>(c)(f)</sup>  | 326 | 312 |
| Global SC Finance VII SRL, Series 2021-2A, Class A, 1.95% 8/17/2041 <sup>(c)(f)</sup>  | 759 | 708 |
| GLS Auto Receivables Trust, Series 2023-3, Class B, 5.89% 1/18/2028 <sup>(c)(f)</sup>  | 896 | 899 |
| GLS Auto Receivables Trust, Series 2024-2, Class B, 5.77% 11/15/2028 <sup>(c)(f)</sup>  | 537 | 542 |
| GLS Auto Receivables Trust, Series 2023-3, Class C, 6.01% 5/15/2029 <sup>(c)(f)</sup>  | 151 | 153 |
| GLS Auto Receivables Trust, Series 2025-1A, Class B, 4.98% 7/16/2029 <sup>(c)(f)</sup>  | 1083 | 1091 |
| GLS Auto Receivables Trust, Series 2025-2A, Class B, 4.97% 10/15/2029 <sup>(c)</sup>  | 2652 | 2677 |
| GLS Auto Receivables Trust, Series 2024-1, Class C, 5.64% 12/17/2029 <sup>(c)(f)</sup>  | 1303 | 1320 |
| GLS Auto Receivables Trust, Series 2024-1, Class D, 5.95% 12/17/2029 <sup>(c)(f)</sup>  | 837 | 855 |
| GLS Auto Receivables Trust, Series 2024-2, Class C, 6.03% 2/15/2030 <sup>(c)(f)</sup>  | 746 | 760 |
| GLS Auto Receivables Trust, Series 2025-1A, Class C, 5.07% 11/15/2030 <sup>(c)(f)</sup>  | 3000 | 3028 |
| GLS Auto Receivables Trust, Series 2025-1A, Class D, 5.61% 11/15/2030 <sup>(c)(f)</sup>  | 3000 | 3054 |
| GLS Auto Select Receivables Trust, Series 2025-1A, Class C, 5.26% 3/15/2031 <sup>(c)(f)</sup>  | 220 | 224 |
| GM Financial Revolving Receivables Trust, Series 2023-2, Class A, 5.77% 8/11/2036 <sup>(c)(f)</sup>  | 773 | 810 |
| GM Financial Revolving Receivables Trust, Series 2024-2, Class A, 4.52% 3/11/2037 <sup>(c)(f)</sup>  | 1888 | 1902 |
| GM Financial Securitized Term Auto Receivables Trust, Series 2024-1, Class A3, 4.85% 12/18/2028 <sup>(f)</sup>  | 441 | 443 |
| GM Financial Securitized Term Auto Receivables Trust, Series 2024-1, Class A4, 4.86% 6/18/2029 <sup>(f)</sup>  | 624 | 632 |
| Golub Capital Partners Static, Ltd., CLO, Series 2024-1, Class A2, (3-month USD CME Term SOFR + 1.55%) <br> 5.819% 4/20/2033 <sup>(c)(d)(f)</sup>  | 1496 | 1496 |
| Golub Capital Partners Static, Ltd., CLO, Series 2024-1, Class AR, (3-month USD CME Term SOFR + 1.12%) <br> 5.422% 7/20/2035 <sup>(c)(d)</sup>  | 1500 | 1501 |
| GreatAmerica Leasing Receivables, Series 2025-1, Class A3, 4.49% 4/16/2029 <sup>(c)(f)</sup>  | 1805 | 1811 |
| GT Loan Financing, Ltd., Series 2013-1, Class AR, (3-month USD CME Term SOFR + 1.362%) 5.644% <br> 7/28/2031 <sup>(c)(d)(f)</sup>  | 33 | 33 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class A, 5.49% 6/25/2027 <sup>(c)(f)</sup>  | 1113 | 1119 |
| Hertz Vehicle Financing III, LLC, Series 2023-1, Class 1D, 9.13% 6/25/2027 <sup>(c)(f)</sup>  | 250 | 253 |
| Hertz Vehicle Financing III, LLC, Series 2022-2, Class D, 5.16% 6/26/2028 <sup>(c)(f)</sup>  | 250 | 239 |
| Hertz Vehicle Financing, LLC, Series 2023-1A, Class B, 6.22% 6/25/2027 <sup>(c)(f)</sup>  | 2920 | 2935 |
| Hertz Vehicle Financing, LLC, Series 2021-2A, Class A, 1.68% 12/27/2027 <sup>(c)(f)</sup>  | 502 | 483 |
| Hertz Vehicle Financing, LLC, Series 2023-3A, Class A, 5.94% 2/25/2028 <sup>(c)(f)</sup>  | 281 | 286 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class A, 5.44% 1/25/2029 <sup>(c)(f)</sup>  | 1449 | 1473 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class D, 9.22% 1/25/2029 <sup>(c)(f)</sup>  | 349 | 357 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(c)(f)</sup>  | 1616 | 1624 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class B, 5.45% 9/25/2029 <sup>(c)(f)</sup>  | 3709 | 3758 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class A, 5.06% 12/26/2029 <sup>(c)</sup>  | 2999 | 3015 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class B, 5.59% 12/26/2029 <sup>(c)</sup>  | 1610 | 1621 |
| Hertz Vehicle Financing, LLC, Series 2025-3A, Class C, 6.13% 12/26/2029 <sup>(c)</sup>  | 1643 | 1661 |
| Hertz Vehicle Financing, LLC, Series 2025-4A, Class A, 5.41% 12/26/2031 <sup>(c)</sup>  | 2000 | 2028 |

---

---

| | |
|:---|:---|
| **127** | 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)** |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A3, 5.02% 3/15/2027 <sup>(c)(f)</sup>  | USD<br> 960<br>| $963 |
| Hyundai Auto Lease Securitization Trust, Series 2024-A, Class A4, 5.07% 2/15/2028 <sup>(c)(f)</sup>  | 267 | 269 |
| Jamestown CLO, Ltd., Series 2019-1, Class A1R, (3-month USD CME Term SOFR + 1.20%) 5.469% <br> 4/20/2032 <sup>(c)(d)(f)</sup>  | 1300 | 1300 |
| Jamestown CLO, Ltd., Series 2019-1, Class A2AR, (3-month USD CME Term SOFR + 1.65%) 5.919% <br> 4/20/2032 <sup>(c)(d)(f)</sup>  | 1000 | 1001 |
| Jamestown CLO, Ltd., Series 2019-1, Class A2BR, (3-month USD CME Term SOFR + 1.85%) 6.119% <br> 4/20/2032 <sup>(c)(d)(f)</sup>  | 957 | 960 |
| John Deere Owner Trust, Series 2024-A, Class A3, 4.96% 11/15/2028 <sup>(f)</sup>  | 923 | 932 |
| Juniper Valley Park CLO, Ltd., Series 2023-1, Class AR, (3-month USD CME Term SOFR + 1.25%) 5.519% <br> 7/20/2036 <sup>(c)(d)(f)</sup>  | 797 | 798 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(c)(f)</sup>  | 273 | 275 |
| LAD Auto Receivables Trust, Series 2024-1, Class A3, 5.23% 1/18/2028 <sup>(c)(f)</sup>  | 299 | 300 |
| LAD Auto Receivables Trust, Series 2023-3, Class A4, 5.95% 3/15/2028 <sup>(c)(f)</sup>  | 318 | 321 |
| LAD Auto Receivables Trust, Series 2023-3, Class B, 6.09% 6/15/2028 <sup>(c)(f)</sup>  | 721 | 732 |
| LAD Auto Receivables Trust, Series 2023-3, Class C, 6.43% 12/15/2028 <sup>(c)(f)</sup>  | 608 | 624 |
| LAD Auto Receivables Trust, Series 2024-1, Class B, 5.33% 2/15/2029 <sup>(c)(f)</sup>  | 367 | 372 |
| LAD Auto Receivables Trust, Series 2024-1, Class C, 5.64% 6/15/2029 <sup>(c)(f)</sup>  | 444 | 452 |
| LAD Auto Receivables Trust, Series 2024-2, Class A4, 5.46% 7/16/2029 <sup>(c)(f)</sup>  | 507 | 516 |
| LAD Auto Receivables Trust, Series 2024-3A, Class B, 4.74% 1/15/2030 <sup>(c)(f)</sup>  | 410 | 412 |
| LAD Auto Receivables Trust, Series 2024-3A, Class C, 4.93% 3/15/2030 <sup>(c)(f)</sup>  | 148 | 149 |
| LAD Auto Receivables Trust, Series 2024-2, Class D, 6.37% 10/15/2031 <sup>(c)(f)</sup>  | 175 | 181 |
| LCM, LP, Series 2027, Class A1, (3-month USD CME Term SOFR + 1.342%) 5.602% 7/16/2031 <sup>(c)(d)(f)</sup>  | 194 | 194 |
| M&T Equipment Notes, Series 2024-1, Class A3, 4.76% 8/18/2031 <sup>(c)(f)</sup>  | 2289 | 2315 |
| Madison Park Funding, Ltd., CLO, Series 2021-50A, Class A, (3-month USD CME Term SOFR + 1.402%) <br> 5.671% 4/19/2034 <sup>(c)(d)(f)</sup>  | 300 | 300 |
| Magnetite CLO, Ltd., Series 2019-22, Class ARR, (3-month USD CME Term SOFR + 1.25%) 5.506% <br> 7/15/2036 <sup>(c)(d)(f)</sup>  | 693 | 694 |
| Marble Point CLO, Ltd., Series 2019-1A, Class A1R2, (3-month USD CME Term SOFR + 1.04%) 5.319% <br> 7/23/2032 <sup>(c)(d)(f)</sup>  | 942 | 942 |
| Mercedes-Benz Auto Lease Trust, Series 2024-A, Class A3, 5.32% 1/18/2028 <sup>(f)</sup>  | 2385 | 2415 |
| Mercedes-Benz Auto Receivables Trust, Series 2024-1, Class A3, 4.80% 4/16/2029 <sup>(f)</sup>  | 1500 | 1509 |
| Mercedes-Benz Auto Receivables Trust, Series 2024-1, Class A4, 4.79% 7/15/2031 <sup>(f)</sup>  | 857 | 871 |
| Merchants Fleet Funding, LLC, Series 2024-1, Class A, 5.82% 4/20/2037 <sup>(c)(f)</sup>  | 2102 | 2116 |
| Mercury Financial Credit Card Master Trust, Series 2024-2A, Class A, 6.56% 7/20/2029 <sup>(c)(f)</sup>  | 1638 | 1653 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(c)(f)</sup>  | 1212 | 1223 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(c)</sup>  | 2591 | 2593 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.89% 9/15/2031 <sup>(c)</sup>  | 995 | 997 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class C, 6.13% 9/15/2031 <sup>(c)</sup>  | 427 | 428 |
| Navient Education Loan Trust, Series 2025-A, Class A, 5.02% 7/15/2055 <sup>(c)</sup>  | 1587 | 1597 |
| Nelnet Student Loan Trust, Series 2025-AA, Class A1A, 5.07% 3/15/2057 <sup>(c)(f)</sup>  | 3862 | 3884 |
| NMEF Funding, LLC, Series 2024-A, Class A2, 5.15% 12/15/2031 <sup>(c)(f)</sup>  | 2115 | 2125 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(c)(f)</sup>  | 2253 | 2255 |
| NMEF Funding, LLC, Series 2025-A, Class B, 5.18% 7/15/2032 <sup>(c)(f)</sup>  | 1958 | 1974 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class A, 6.27% 6/17/2031 <sup>(c)(f)</sup>  | 1020 | 1033 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class A, 4.98% 10/17/2031 <sup>(c)(f)</sup>  | 1001 | 996 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class A, 5.08% 4/19/2032 <sup>(c)(f)</sup>  | 992 | 991 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class B, 5.52% 4/19/2032 <sup>(c)(f)</sup>  | 1015 | 1013 |
| Palmer Square Loan Funding, Ltd., Series 2022-4A, Class A1RN, (3-month USD CME Term SOFR + 1.00%) <br> 5.275% 7/24/2031 <sup>(c)(d)(f)</sup>  | 287 | 287 |
| Palmer Square Loan Funding, Ltd., Series 2022-4A, Class A2R, (3-month USD CME Term SOFR + 1.30%) <br> 5.575% 7/24/2031 <sup>(c)(d)(f)</sup>  | 889 | 890 |
| Parallel, Ltd., Series 2023-1A, Class A1R, (3-month USD CME Term SOFR + 1.39%) 5.712% 7/20/2036 <sup>(c)(d)</sup>  | 3000 | 3000 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A2, 4.74% 4/20/2027 <sup>(c)(f)</sup>  | 722 | 723 |
| PEAC Solutions Receivables, LLC, Series 2024-1A, Class A2, 5.79% 6/21/2027 <sup>(c)(f)</sup>  | 2102 | 2119 |
| PEAC Solutions Receivables, LLC, Series 2025-1A, Class A2, 4.94% 10/20/2028 <sup>(c)(f)</sup>  | 1326 | 1331 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A3, 4.65% 10/20/2031 <sup>(c)(f)</sup>  | 293 | 294 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class B, 4.83% 10/20/2031 <sup>(c)(f)</sup>  | 764 | 768 |
| PFS Financing Corp., Series 2023-A, Class A, 5.80% 3/15/2028 <sup>(c)(f)</sup>  | 2000 | 2017 |
| PFS Financing Corp., Series 2024-F, Class A, 4.75% 8/15/2029 <sup>(c)(f)</sup>  | 2969 | 2995 |
| PG&E Recovery Funding, LLC, Series 2024-A, Class A1, 4.838% 6/1/2035 <sup>(f)</sup>  | 1764 | 1775 |
| PK ALIFT Loan Funding 3, LP, Series 2024-1, Class A1, 5.842% 9/15/2039 <sup>(c)(f)</sup>  | 651 | 660 |
| PK ALIFT Loan Funding 4 LP, Series 2024-2, Class A, 5.052% 10/15/2039 <sup>(c)(f)</sup>  | 1409 | 1406 |

---

---

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

---

------

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)** |
| Porsche Innovative Lease Owner Trust, Series 2024-1, Class A3, 4.67% 11/22/2027 <sup>(c)(f)</sup>  | USD<br> 1,833<br>| $1839 |
| Post Road Equipment Finance, Series 2025-1A, Class A2, 4.90% 5/15/2031 <sup>(c)(f)</sup>  | 894 | 900 |
| Post Road Equipment Finance, Series 2025-1A, Class B, 5.04% 5/15/2031 <sup>(c)(f)</sup>  | 1450 | 1470 |
| Post Road Equipment Finance, Series 2025-1A, Class C, 5.13% 5/15/2031 <sup>(c)(f)</sup>  | 3450 | 3500 |
| Prestige Auto Receivables Trust, Series 2024-1, Class B, 5.71% 5/15/2028 <sup>(c)(f)</sup>  | 353 | 354 |
| Prestige Auto Receivables Trust, Series 2024-1, Class D, 6.21% 2/15/2030 <sup>(c)(f)</sup>  | 422 | 431 |
| Reach Financial, LLC, Series 2024-2, Class A, 5.88% 7/15/2031 <sup>(c)(f)</sup>  | 706 | 708 |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class B, 5.95% 1/17/2028 <sup>(f)</sup>  | 23 | 23 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class A3, 5.25% 4/17/2028 <sup>(f)</sup>  | 87 | 88 |
| Santander Drive Auto Receivables Trust, Series 2023-6, Class A3, 5.93% 7/17/2028 <sup>(f)</sup>  | 318 | 320 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class B, 5.23% 12/15/2028 <sup>(f)</sup>  | 558 | 561 |
| Santander Drive Auto Receivables Trust, Series 2024-2, Class B, 5.78% 7/16/2029 <sup>(f)</sup>  | 1517 | 1541 |
| Santander Drive Auto Receivables Trust, Series 2024-4, Class B, 4.93% 9/17/2029 <sup>(f)</sup>  | 900 | 907 |
| Santander Drive Auto Receivables Trust, Series 2024-1, Class C, 5.45% 3/15/2030 <sup>(f)</sup>  | 124 | 126 |
| SBNA Auto Lease Trust, Series 2024-C, Class A3, 4.56% 2/22/2028 <sup>(c)(f)</sup>  | 878 | 880 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class A3, 5.11% 11/21/2033 <sup>(c)(f)</sup>  | 3567 | 3644 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(c)(f)</sup>  | 331 | 334 |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class C, 5.185% 7/25/2031 <sup>(c)(f)</sup>  | 1059 | 1067 |
| SFS Auto Receivables Securitization Trust, Series 2024-3A, Class B, 4.76% 11/20/2031 <sup>(c)(f)</sup>  | 1846 | 1861 |
| SLAM, LLC, Series 2024-1A, Class A, 5.335% 9/15/2049 <sup>(c)(f)</sup>  | 1002 | 1002 |
| SMB Private Education Loan Trust, Series 2023-C, Class A1B, (30-day Average USD-SOFR + 1.55%) 5.854% <br> 11/15/2052 <sup>(c)(d)(f)</sup>  | 200 | 202 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(c)</sup>  | 1247 | 1263 |
| Sound Point CLO, Ltd., Series 2013-3R, Class A, (3-month USD CME Term SOFR + 1.412%) 5.681% <br> 4/18/2031 <sup>(c)(d)(f)</sup>  | 143 | 143 |
| Space Coast Credit Union, Series 2024-1, Class A3, 5.11% 6/15/2029 <sup>(c)(f)</sup>  | 1058 | 1065 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class ARR, (3-month USD CME Term SOFR + 1.04%) 5.296% <br> 4/15/2032 <sup>(c)(d)(f)</sup>  | 2439 | 2439 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class ARR, (3-month USD CME Term SOFR + 1.00%) 5.256% <br> 7/15/2032 <sup>(c)(d)(f)</sup>  | 2265 | 2265 |
| Subway Funding, LLC, Series 2024-3, Class A2I, 5.246% 7/30/2054 <sup>(c)(f)</sup>  | 2173 | 2165 |
| Sycamore Tree CLO, Ltd., Series 2024-5, Class A1, (3-month USD CME Term SOFR + 1.42%) 5.689% <br> 4/20/2036 <sup>(c)(d)(f)</sup>  | 2000 | 2004 |
| Synchrony Card Issuance Trust, Series 2023-A2, Class A, 5.74% 10/15/2029 <sup>(f)</sup>  | 498 | 507 |
| Synchrony Card Issuance Trust, Series 2024-A2, Class A, 4.93% 7/15/2030 <sup>(f)</sup>  | 2835 | 2879 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(c)(f)</sup>  | 787 | 742 |
| Textainer Marine Containers, Ltd., Series 2021-1, Class A, 1.68% 2/20/2046 <sup>(c)(f)</sup>  | 755 | 695 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 4/20/2046 <sup>(c)(f)</sup>  | 530 | 495 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(c)</sup>  | 2013 | 2013 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class B, 8.06% 7/23/2050 <sup>(c)</sup>  | 1007 | 1007 |
| The Huntington National Bank, Series 2025-1, Class B, 4.957% 3/21/2033 <sup>(c)(f)</sup>  | 4484 | 4504 |
| Thompson Park CLO, Ltd., Series 2021-1A, Class A1R, (3-month USD CME Term SOFR + 1.05%) 5.306% <br> 4/15/2034 <sup>(c)(d)(f)</sup>  | 3229 | 3225 |
| TIF Funding II, LLC, Series 2021-1A, Class A, 1.65% 2/20/2046 <sup>(c)(f)</sup>  | 902 | 812 |
| Toyota Auto Receivables Owner Trust, Series 2024-A, Class A3, 4.83% 10/16/2028 <sup>(f)</sup>  | 1283 | 1291 |
| Toyota Auto Receivables Owner Trust, Series 2024-A, Class A4, 4.77% 4/16/2029 <sup>(f)</sup>  | 659 | 669 |
| Tricolor Auto Securitization Trust, Series 2025-1A, Class A, 4.94% 2/15/2029 <sup>(c)(f)</sup>  | 4382 | 4387 |
| Trinitas CLO, Ltd., Series 2018-9A, Class ARRR, (3-month USD CME Term SOFR + 1.20%) 5.469% <br> 1/20/2032 <sup>(c)(d)(f)</sup>  | 1053 | 1053 |
| Trinitas CLO, Ltd., Series 2020-12, Class A1R, (3-month USD CME Term SOFR + 1.37%) 5.652% <br> 4/25/2033 <sup>(c)(d)(f)</sup>  | 250 | 250 |
| Trinitas CLO, Ltd., Series 2020-12, Class B1R, (3-month USD CME Term SOFR + 2.00%) 6.282% <br> 4/25/2033 <sup>(c)(d)(f)</sup>  | 1000 | 1004 |
| Triton Container Finance VIII, LLC, Series 2020-1, Class A, 2.11% 9/20/2045 <sup>(c)(f)</sup>  | 894 | 832 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(c)(f)</sup>  | 1533 | 1534 |
| United Auto Credit Securitization Trust, Series 2024-1, Class B, 6.57% 6/10/2027 <sup>(c)(f)</sup>  | 1078 | 1080 |
| United Auto Credit Securitization Trust, Series 2025-1, Class B, 5.05% 2/10/2028 <sup>(c)(f)</sup>  | 2419 | 2422 |
| United Auto Credit Securitization Trust, Series 2024-1, Class C, 7.06% 10/10/2029 <sup>(c)(f)</sup>  | 1500 | 1511 |
| Valley Stream Park CLO, Ltd., Series 2022-1A, Class ARR, (3-month USD CME Term SOFR + 1.19%) 5.459% <br> 1/20/2037 <sup>(c)(d)(f)</sup>  | 1000 | 1000 |
| Verdant Receivables, LLC, Series 2024-1, Class A2, 5.68% 12/12/2031 <sup>(c)(f)</sup>  | 558 | 568 |
| Verdant Receivables, LLC, Series 2024-1, Class C, 6.25% 12/12/2031 <sup>(c)(f)</sup>  | 164 | 170 |
| Verdant Receivables, LLC, Series 2025-1A, Class A3, 4.96% 5/12/2033 <sup>(c)</sup>  | 3364 | 3405 |

---

---

| | |
|:---|:---|
| **129** | 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)** | **Asset-backed obligations (continued)** |
| Verizon Master Trust, Series 2024-6, Class A1A, 4.17% 8/20/2030 <sup>(f)</sup>  | Verizon Master Trust, Series 2024-6, Class A1A, 4.17% 8/20/2030 <sup>(f)</sup>  | USD<br> 1,937<br>| $1941 |
| Verizon Master Trust, Series 2024-2, Class A, 4.83% 12/22/2031 <sup>(c)(f)</sup>  | Verizon Master Trust, Series 2024-2, Class A, 4.83% 12/22/2031 <sup>(c)(f)</sup>  | 652 | 665 |
| Verizon Master Trust, Series 24-5, Class A, 5.00% 6/21/2032 <sup>(c)(f)</sup>  | Verizon Master Trust, Series 24-5, Class A, 5.00% 6/21/2032 <sup>(c)(f)</sup>  | 625 | 642 |
| Verizon Master Trust, Series 2025-4, Class A, 4.76% 3/21/2033 <sup>(c)(f)</sup>  | Verizon Master Trust, Series 2025-4, Class A, 4.76% 3/21/2033 <sup>(c)(f)</sup>  | 2825 | 2875 |
| Voya CLO, Ltd., Series 2018-3, Class A1R2, (3-month USD CME Term SOFR + 1.20%) 5.456% <br> 10/15/2031 <sup>(c)(d)(f)</sup>  | Voya CLO, Ltd., Series 2018-3, Class A1R2, (3-month USD CME Term SOFR + 1.20%) 5.456% <br> 10/15/2031 <sup>(c)(d)(f)</sup>  | 1142 | 1142 |
| Voya CLO, Ltd., Series 2018-3, Class BR2, (3-month USD CME Term SOFR + 1.80%) 6.056% 10/15/2031 <sup>(c)(d)(f)</sup>  | Voya CLO, Ltd., Series 2018-3, Class BR2, (3-month USD CME Term SOFR + 1.80%) 6.056% 10/15/2031 <sup>(c)(d)(f)</sup>  | 870 | 872 |
| VStrong Auto Receivables Trust, Series 2024-A, Class A2, 5.79% 8/16/2027 <sup>(c)(f)</sup>  | VStrong Auto Receivables Trust, Series 2024-A, Class A2, 5.79% 8/16/2027 <sup>(c)(f)</sup>  | 92 | 92 |
| VStrong Auto Receivables Trust, Series 2024-A, Class A3, 5.62% 12/15/2028 <sup>(c)(f)</sup>  | VStrong Auto Receivables Trust, Series 2024-A, Class A3, 5.62% 12/15/2028 <sup>(c)(f)</sup>  | 217 | 218 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class A3, 5.44% 5/17/2027 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2024-1, Class A3, 5.44% 5/17/2027 <sup>(c)(f)</sup>  | 416 | 417 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class B, 5.55% 11/15/2027 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2024-1, Class B, 5.55% 11/15/2027 <sup>(c)(f)</sup>  | 748 | 752 |
| Westlake Automobile Receivables Trust, Series 2023-1, Class B, 5.41% 1/18/2028 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2023-1, Class B, 5.41% 1/18/2028 <sup>(c)(f)</sup>  | 177 | 177 |
| Westlake Automobile Receivables Trust, Series 2023-1, Class C, 5.74% 8/15/2028 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2023-1, Class C, 5.74% 8/15/2028 <sup>(c)(f)</sup>  | 412 | 415 |
| Westlake Automobile Receivables Trust, Series 2023-3, Class C, 6.02% 9/15/2028 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2023-3, Class C, 6.02% 9/15/2028 <sup>(c)(f)</sup>  | 597 | 606 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class C, 5.65% 2/15/2029 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2024-1, Class C, 5.65% 2/15/2029 <sup>(c)(f)</sup>  | 523 | 529 |
| Westlake Automobile Receivables Trust, Series 2024-1, Class D, 6.02% 10/15/2029 <sup>(c)(f)</sup>  | Westlake Automobile Receivables Trust, Series 2024-1, Class D, 6.02% 10/15/2029 <sup>(c)(f)</sup>  | 703 | 718 |
| Westlake Flooring Master Trust, Series 2024-1, Class A, 5.43% 2/15/2028 <sup>(c)(f)</sup>  | Westlake Flooring Master Trust, Series 2024-1, Class A, 5.43% 2/15/2028 <sup>(c)(f)</sup>  | 536 | 538 |
| Wheels Fleet Lease Funding, LLC, Series 24-2A, Class A1, 4.87% 6/21/2039 <sup>(c)(f)</sup>  | Wheels Fleet Lease Funding, LLC, Series 24-2A, Class A1, 4.87% 6/21/2039 <sup>(c)(f)</sup>  | 2154 | 2166 |
| Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(c)(f)</sup>  | Wheels Fleet Lease Funding, LLC, Series 2024-3A, Class A1, 4.80% 9/19/2039 <sup>(c)(f)</sup>  | 1373 | 1380 |
| Wind River CLO, Ltd., Series 2015-1A, Class A1R3, (3-month USD CME Term SOFR + 1.20%) 5.469% <br> 10/20/2030 <sup>(c)(d)(f)</sup>  | Wind River CLO, Ltd., Series 2015-1A, Class A1R3, (3-month USD CME Term SOFR + 1.20%) 5.469% <br> 10/20/2030 <sup>(c)(d)(f)</sup>  | 220 | 220 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(c)(f)</sup>  | Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(c)(f)</sup>  | 361 | 361 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class B, 5.06% 9/20/2032 <sup>(c)(f)</sup>  | Wingspire Equipment Finance, LLC, Series 2024-1A, Class B, 5.06% 9/20/2032 <sup>(c)(f)</sup>  | 667 | 672 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class C, 5.28% 9/20/2032 <sup>(c)(f)</sup>  | Wingspire Equipment Finance, LLC, Series 2024-1A, Class C, 5.28% 9/20/2032 <sup>(c)(f)</sup>  | 708 | 715 |
| World Financial Network Credit Card Master Trust, Series 2024-A, Class A, 5.47% 2/17/2031 <sup>(f)</sup>  | World Financial Network Credit Card Master Trust, Series 2024-A, Class A, 5.47% 2/17/2031 <sup>(f)</sup>  | 2157 | 2205 |
| World Financial Network Credit Card Master Trust, Series 2024-B, Class A, 4.62% 5/15/2031 <sup>(f)</sup>  | World Financial Network Credit Card Master Trust, Series 2024-B, Class A, 4.62% 5/15/2031 <sup>(f)</sup>  | 3374 | 3401 |
|  |  |  | 323717 |
| **Bonds & notes of governments & government agencies outside the U.S. 0.17%** | **Bonds & notes of governments & government agencies outside the U.S. 0.17%** | **Bonds & notes of governments & government agencies outside the U.S. 0.17%** | **Bonds & notes of governments & government agencies outside the U.S. 0.17%** |
| Chile (Republic of) 4.85% 1/22/2029  | Chile (Republic of) 4.85% 1/22/2029  | 1185 | 1204 |
| United Mexican States 5.00% 5/7/2029  | United Mexican States 5.00% 5/7/2029  | 1010 | 1017 |
|  |  |  | 2221 |
| **Total bonds, notes & other debt instruments** (cost: $1,276,455,000) |  |  | 1288570 |
| Short-term securities 4.98% |  | Shares |  |
| **Money market investments 4.94%** | **Money market investments 4.94%** | **Money market investments 4.94%** | **Money market investments 4.94%** |
| Capital Group Central Cash Fund 4.35% <sup>(h)(i)</sup>  |  | 654785 | 65478 |
|  | Weighted <br>average yield <br>at acquisition<br>| Principal amount<br> (000)<br>|  |
| **U.S. Treasury bills 0.04%** | **U.S. Treasury bills 0.04%** | **U.S. Treasury bills 0.04%** | **U.S. Treasury bills 0.04%** |
| U.S. Treasury 7/3/2025 <sup>(j)</sup>  | 4.291<br> %<br>| USD<br> 500<br>| 500 |
| **Total short-term securities** (cost: $65,965,000) |  |  | 65978 |
| **Total investment securities** 102.26% (cost: $1,342,420,000) |  |  | 1354548 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (2.26)% | (29956)<br>|
| **Net assets 100.00%** | $1324592 |

---

---

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

---

------

Capital Group Short Duration 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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 2592 | 9/30/2025 | USD539,197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2165 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 652 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (74501)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1854)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $311 |

---

**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>6/30/2025 <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 6/30/2025 <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>6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| SOFR | Annual | 3.1665% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/18/2034 | USD56,900 | &nbsp;&nbsp;&nbsp;&nbsp; $2146 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2146 |

---

**Investments in affiliates** <sup>(i)</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>6/30/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 4.94%** | **Short-term securities 4.94%** | **Short-term securities 4.94%** | **Short-term securities 4.94%** | **Short-term securities 4.94%** | **Short-term securities 4.94%** | **Short-term securities 4.94%** | **Short-term securities 4.94%** |
| **Money market investments 4.94%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.35% <sup>(h)</sup> | $60729 | &nbsp;&nbsp; $280352 | &nbsp;&nbsp; $275594 | &nbsp;&nbsp; $(13)<br>| &nbsp;&nbsp; $4 | &nbsp;&nbsp; $65478 | &nbsp;&nbsp; $1915 |

---

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

<sup>(b)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $2,008,000, which represented 0.15% of the net assets of the fund. 

<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 $551,435,000, which represented 41.63% 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> Step bond; coupon rate may change at a later date.

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

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

<sup>(h)</sup> Rate represents the seven-day yield at 6/30/2025.

<sup>(i)</sup> 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> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $390,000, which represented 0.03% of the net assets of the fund. 

---

| |
|:---|
| **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.

---

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

---

------

Capital Group Short Duration Municipal Income ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 92.69% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Alabama 3.09%** | **Alabama 3.09%** | **Alabama 3.09%** |
| 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> 305<br>| $308 |
| 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 | 847 |
| 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 | 2060 |
| Black Belt Energy Gas Dist., Gas Project Rev. Ref. Bonds, Series 2023-D-1, 5.50% 6/1/2049 (put 2/1/2029)  | 3000 | 3165 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2022-D-1, 4.00% 7/1/2052 (put 6/1/2027)  | 2240 | 2259 |
| Health Care Auth., Baptist Health, An Affiliate of UAB Health System, Series 2023-A, 5.00% 11/15/2029  | 1000 | 1061 |
| Housing Fin. Auth., Collateralized Single Family Mortgage Rev. Bonds, Series 2024-C, 5.75% 4/1/2055  | 1305 | 1414 |
| 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 | 205 |
| County of Jefferson, Limited Obligation Rev. Ref. Bonds, Series 2017, 5.00% 9/15/2027  | 1000 | 1037 |
| Lower Alabama Gas Dist., Gas Project Rev. Bonds (Project No. 2), Series 2020, 4.00% 12/1/2050 (put 12/1/2025)  | 2000 | 2004 |
| Midcity Improvement Dist., Special Assessment Rev. Bonds, Series 2022, 3.875% 11/1/2027  | 185 | 180 |
| City of Selma, Industrial Dev. Board, Gulf Opportunity Zone Rev. Ref. Bonds (International Paper Co. Project), Series <br> 2019-A, 3.45% 11/1/2033 (put 10/1/2031)  | 150 | 147 |
| 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 | 4219 |
| 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 | 2069 |
| Stadium Trace Village Improvement Dist. Dev. Incentive Anticipation Bonds, Series 2021, 3.625% 3/1/2036  | 1050 | 930 |
|  |  | 21905 |
| **Alaska 1.05%** | **Alaska 1.05%** | **Alaska 1.05%** |
| 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, 4.05% 12/1/2033 <sup>(b)</sup>  | 6445 | 6445 |
|  |  | 7446 |
| **Arizona 2.46%** | **Arizona 2.46%** | **Arizona 2.46%** |
| Deer Valley Unified School Dist. No. 97, School Improvement Bonds (Project of 2013), Series 2019-E, 5.00% 7/1/2025  | 500 | 500 |
| City of Glendale, Industrial Dev. Auth., Rev. Ref. Bonds (Midwestern University), Series 2020, 5.00% 5/15/2028  | 625 | 661 |
| Industrial Dev. Auth., Charter School Rev. Bonds (Equitable School Revolving Fund - Kestrel Verifiers), Series 2021-A, <br> 4.00% 11/1/2026  | 1000 | 1015 |
| Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 4.00% 7/1/2029 <sup>(a)</sup>  | 160 | 158 |
| Industrial Dev. Auth., Multi Family Housing Bonds (Ironwood Ranch Apartments Project), Series 2024, 5.00% 2/1/2058 <br> (put 9/1/2026)  | 1100 | 1124 |
| 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)  | 3820 | 3932 |
| Industrial Dev. Auth., Rev. Bonds (Lincoln South Beltway Project), Series 2020, 5.00% 11/1/2028  | 2000 | 2139 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Banner Health), Series 2016-A, 5.00% 1/1/2038  | 290 | 294 |
| City of Phoenix, Industrial Dev. Auth., Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2014-B, 3.25% 11/15/2052 <sup>(b)</sup>  | 2200 | 2200 |
| 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 | 517 |
| City of Phoenix Civic Improvement Corp., Airport Rev. Ref. Bonds, Series 2017-D, 5.00% 7/1/2032  | 2000 | 2065 |
| City of Phoenix Civic Improvement Corp., Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 7/1/2028  | 1000 | 1020 |
| Board of Regents of the University of Arizona, Speed Rev. Ref. Bonds, Series 2020-C, 5.00% 8/1/2025  | 500 | 501 |
| County of Yavapai, Industrial Dev. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series <br> 2010, 3.80% 4/1/2029 (put 9/2/2025)  | 1000 | 1000 |
|  |  | 17423 |
| **Arkansas 0.54%** | **Arkansas 0.54%** | **Arkansas 0.54%** |
| Dev. Fin. Auth., Industrial Dev. Rev. Bonds (Big River Steel Project), Series 2019, AMT, 4.50% 9/1/2049 <sup>(a)</sup>  | 4000 | 3852 |
| **California 12.47%** | **California 12.47%** | **California 12.47%** |
| Alvord Unified School Dist., GO Bonds, 2007 Election, CAB, Series 2011-B, Assured Guaranty insured, 0% 8/1/2036  | 1000 | 625 |
| 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  | 1085 | 1087 |
| City of Chino, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty insured, 5.00% <br> 9/1/2025  | 1065 | 1069 |

---

---

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

---

------

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)** |
| City of Chula Vista, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty <br> insured, 5.00% 10/1/2028  | USD<br> 570<br>| $586 |
| Clovis Unified School Dist., GO Bonds, CAB, 2001 Election, Series 2002-B, National insured, 0% 8/1/2027  | 1000 | 941 |
| 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 | 1989 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-A, 4.00% 10/1/2052 (put <br> 12/1/2027)  | 1000 | 1003 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-A, 5.00% 5/1/2054 (put <br> 4/1/2032)  | 3000 | 3163 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-G, 5.25% 11/1/2054 (put <br> 4/1/2030)  | 1270 | 1346 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-E, 5.00% 2/1/2055 (put <br> 9/1/2032)  | 1500 | 1586 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-F, 5.00% 2/1/2055 (put <br> 11/1/2032)  | 1390 | 1477 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-C, 5.00% 8/1/2055 (put <br> 10/1/2032)  | 2000 | 2109 |
| Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-H, 5.00% 1/1/2056 (put <br> 8/1/2033)  | 145 | 155 |
| East County Advanced Water Purification JT Powers Auth. Green Bonds, Series 2024-A-1, 3.125% 9/1/2026  | 3000 | 3009 |
| Educational Facs. Auth., Rev. Bonds (Saint Mary's College of California), Series 2023-A, 5.25% 10/1/2030  | 400 | 426 |
| 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 | 260 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2028  | 500 | 523 |
| Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.125% 1/15/2028 <sup>(c)</sup>  | 2000 | 2170 |
| GO Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2028  | 3000 | 3237 |
| GO Rev. Ref. Bonds, Series 2023, 5.00% 9/1/2032  | 1500 | 1699 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-1, 3.50% 11/20/2035  | 934 | 873 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036  | 472 | 440 |
| Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2022-B, <br> 5.00% 11/1/2025  | 120 | 121 |
| City of Inglewood, Successor Agcy. to the Redev. Agcy., Tax Allocation Bonds (Merged Redev. Project), Series 2017-A, <br> BAM insured, 5.00% 5/1/2028  | 1000 | 1042 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.00% 8/1/2029  | 600 | 650 |
| 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 | 1129 |
| City of Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 9/1/2031  | 400 | 401 |
| 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 | 446 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2021-D, AMT, 5.00% <br> 5/15/2029  | 1105 | 1173 |
| 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 | 1036 |
| 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 | 1263 |
| City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Ref. Green Bonds, Series 2023-A, AMT, <br> 5.00% 5/15/2030  | 2000 | 2144 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2032  | 825 | 881 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, 5.00% 7/1/2032  | 1000 | 1093 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2027  | 1415 | 1466 |
| City of Los Angeles, Harbor Dept., Rev. Ref. Bonds, Series 2024-A-1, AMT, 5.00% 8/1/2027  | 375 | 389 |
| 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 | 2816 |
| Madera Unified School Dist., GO Bonds, CAB, 2006 Election, Series 2007, National insured, 0% 8/1/2028  | 1000 | 907 |
| 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 | 2205 |
| Monrovia Unified School Dist., GO Bonds, CAB, 2006 Election, Series 2009-B, 0% 8/1/2029  | 1000 | 883 |
| Monrovia Unified School Dist., GO Bonds, CAB, 1997 Election, Series 2000-B, 0% 8/1/2031  | 1295 | 1065 |
| Mt. Diablo Unified School Dist., GO Rev. Ref. Bonds, Series 2025, 5.00% 8/1/2029  | 450 | 493 |
| Municipal Fin. Auth., Community Facs. Dist. No. 2023-11 (City of Hisperia - Silverwood), Special Tax Bonds, Series <br> 2024, 4.50% 9/1/2034  | 200 | 203 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2029  | 500 | 502 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2031  | 100 | 100 |

---

---

| | |
|:---|:---|
| **133** | 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)** |
| Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Davis II, LLC - West Village Student Housing Project), Series <br> 2018, 5.00% 5/15/2029  | USD<br> 1,000<br>| $1049 |
| 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 | 151 |
| 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 | 201 |
| 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 |
| Pollution Control Fncg. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2023, AMT, <br> 3.70% 7/1/2043 (put 8/15/2025) <sup>(a)</sup>  | 1880 | 1879 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2023-C, 5.00% 9/1/2025  | 1000 | 1003 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2021-A, 5.00% 2/1/2029  | 2835 | 3070 |
| 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, Assured Guaranty insured, 5.00% 10/1/2026  | 1235 | 1242 |
| City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, 5.00% <br> 9/1/2028  | 735 | 737 |
| 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 | 201 |
| 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 | 255 |
| City of San Diego, Housing Auth., Multi Family Housing Rev. Bonds, Series 2023-B, 5.00% 5/1/2057 (put 11/1/2026)  | 1155 | 1178 |
| 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 | 1061 |
| 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 | 1943 |
| 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 | 1344 |
| San Mateo Community College Dist., GO Bonds, CAB, 2005 Election, Series 2006-B, National insured, 0% 9/1/2031  | 2500 | 2070 |
| Santa Ana Unified School Dist., GO Bonds, CAB, 1999 Election, Series 2002-B, National insured, 0% 8/1/2030  | 435 | 367 |
| South San Francisco Unified School Dist., Rev. Ref. GO Bonds, Series 2025, 5.00% 9/1/2031  | 930 | 1061 |
| 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 | 716 |
| Southern California Public Power Auth., Clean Energy Project Rev. Bonds, Series 2024-A, 5.00% 4/1/2055 (put <br> 9/1/2030)  | 1910 | 2010 |
| 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 | 1560 |
| 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 | 94 |
| Statewide Communities Dev. Auth., Rev. Bonds (American Baptist Homes of the West), Series 2015, 5.00% 10/1/2026  | 260 | 261 |
| Statewide Communities Dev. Auth., Taxable Statewide Community Infrastructure Program Rev. Bonds, Series 2024-B-1, <br> 5.00% 9/2/2029  | 425 | 450 |
| Statewide Communities Dev. Auth., Taxable Statewide Community Infrastructure Program Rev. Bonds, Series 2024-B-1, <br> 5.00% 9/2/2030  | 450 | 479 |
| 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 | 1505 |
| Tulare Joint Union High School Dist., GO Bonds, CAB, 2004 Election, Series 2004-A, National insured, 0% 8/1/2026  | 500 | 483 |
| Ukiah Unified School Dist., GO Bonds, CAB, 2005 Election, Series 2006, National insured, 0% 8/1/2028  | 1250 | 1138 |
| Regents of the University of California, General Rev. Bonds, Series 2022-BK, 5.00% 5/15/2032  | 500 | 566 |
| Various Purpose GO Bonds, Series 2025, 5.00% 3/1/2028  | 1135 | 1207 |
| Various Purpose GO Rev. Ref. Bonds, Series 2021, 5.00% 10/1/2029  | 2000 | 2190 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 3/1/2030  | 750 | 827 |
| City of Vernon, Electric System Rev. Bonds, Series 2022-A, 5.00% 8/1/2025  | 1130 | 1131 |
| Western Riverside Water and Wastewater Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2016-A, 5.00% 9/1/2030  | 1035 | 1060 |
| Wright Elementary School Dist., GO Bonds, Series 2003-A, CAB, 0% 8/1/2028  | 435 | 392 |
|  |  | 88465 |

---

---

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

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Colorado 3.57%** | **Colorado 3.57%** | **Colorado 3.57%** |
| Adams County School Dist. No. 14, GO Bonds, Series 2025, 5.00% 12/1/2032  | USD<br> 1,715<br>| $1939 |
| 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  | 660 | 605 |
| County of Arapahoe, Fitzsimons Village Metropolitan Dist. No. 3, Limited Tax GO and Special Rev. Ref. and <br> Improvement Bonds, Series 2021-A-1, 4.00% 12/1/2026  | 500 | 499 |
| City of Aurora, Velocity Metropolitan Dist. No. 3, Limited Tax GO Bonds, Series 2019, 5.125% 12/1/2034  | 750 | 727 |
| City and County of Broomfield, Baseline Metropolitan Dist. No. 1, Special Rev. Ref. and Improvement Bonds, Series <br> 2024-A, Assured Guaranty insured, 5.00% 12/1/2028  | 400 | 424 |
| Canyons Metropolitan Dist. No. 5, Limited Tax GO and Special Rev. Ref. and Improvement Bonds, Series 2024-A, BAM <br> insured, 5.00% 12/1/2030  | 205 | 221 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2030  | 1285 | 1285 |
| Health Facs. Auth., Hospital Rev. Bonds (Parkview Medical Center, Inc. Project), Series 2016, 5.00% 9/1/2046 (preref. <br> 9/1/2026)  | 120 | 123 |
| City and County of Denver, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2029  | 1000 | 1047 |
| E-470 Public Highway Auth., Rev. Bonds, CAB, Series 2000-B, National insured, 0% 9/1/2025  | 675 | 672 |
| 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  | 1080 | 1066 |
| County of Elbert, Independence Water and Sanitation Dist., Special Rev. Ref. and Improvement Bonds, Series 2024, <br> 5.125% 12/1/2033  | 840 | 850 |
| 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 | 407 |
| 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 | 1041 |
| Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-C, 5.00% <br> 11/15/2036 (put 11/15/2026)  | 3000 | 3072 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-B-1, 5.00% 8/1/2049 (put 8/1/2025)  | 280 | 280 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2029  | 1000 | 1063 |
| Health Facs. Auth., Rev. Bonds (Intermountain Healthcare), Series 2022-D, 3.30% 5/15/2061 (put 8/17/2026) <sup>(b)</sup>  | 3500 | 3473 |
| 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  | 1480 | 1486 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-L, Class I, 3.25% 11/1/2051  | 1715 | 1695 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-J, Class III, 6.25% 5/1/2055  | 1500 | 1669 |
| 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 | 504 |
|  |  | 25315 |
| **Connecticut 0.35%** | **Connecticut 0.35%** | **Connecticut 0.35%** |
| Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 7/1/2035  | 1075 | 1080 |
| Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2024-B, AMT, 4.125% <br> 11/15/2040  | 500 | 478 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2019-B-1, 4.00% 5/15/2049  | 545 | 549 |
| 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 |
|  |  | 2512 |
| **Delaware 0.43%** | **Delaware 0.43%** | **Delaware 0.43%** |
| Housing Auth., Single Family Mortgage Rev. Bonds, Series 2024-A, 5.75% 1/1/2055  | 2835 | 3060 |
| **District of Columbia 2.02%** | **District of Columbia 2.02%** | **District of Columbia 2.02%** |
| 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 | 330 |
| Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (Parcel 42 Project), Series 2022, 3.05% 9/1/2041 <br> (put 9/1/2025)  | 850 | 850 |
| Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (The Edmonson), Series 2024, 5.00% 12/1/2028 <br> (put 12/1/2027)  | 2405 | 2516 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2030  | 1000 | 1102 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2019-A, AMT, 5.00% <br> 10/1/2028  | 1000 | 1053 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2022-A, AMT, 5.00% 10/1/2025  | 1425 | 1431 |

---

---

| | |
|:---|:---|
| **135** | 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>|
| **District of Columbia (continued)** | **District of Columbia (continued)** | **District of Columbia (continued)** |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-B, AMT, 5.00% 10/1/2027  | USD<br> 2,000<br>| $2077 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% 10/1/2029  | 1485 | 1583 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2022-A, AMT, 5.00% 10/1/2029  | 1570 | 1674 |
| Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2033  | 375 | 408 |
| Washington Convention and Sports Auth., Dedicated Tax Rev. Ref. Bonds, Series 2018-A, 5.00% 10/1/2028  | 1250 | 1304 |
|  |  | 14328 |
| **Florida 4.78%** | **Florida 4.78%** | **Florida 4.78%** |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2029  | 420 | 433 |
| 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 | 2884 |
| County of Broward, Port Facs. Rev. Ref. Bonds, Series 2019-D, AMT, 5.00% 9/1/2026  | 1000 | 1020 |
| 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 | 160 |
| 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>  | 1335 | 1331 |
| 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 | 758 |
| 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>  | 2265 | 2293 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 3.30% 5/1/2029  | 490 | 482 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2019-A-2, 3.30% 5/1/2029  | 500 | 491 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Ref. Bonds, Series 2019-A-2, 3.30% 5/1/2029  | 245 | 241 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2030  | 615 | 651 |
| County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2022-A, AMT, 5.00% 10/1/2028  | 1500 | 1580 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-2, 4.25% 1/1/2050  | 2395 | 2407 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2019-1, 4.00% 7/1/2050  | 1045 | 1049 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2020-1, 3.50% 7/1/2051  | 1805 | 1800 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2021-1, 3.00% 1/1/2052  | 1765 | 1743 |
| 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 | 2239 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Del Webb Project), Series 2017, 4.30% <br>5/1/2027 <sup>(a)</sup>  | 220 | 222 |
| Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Phase 4 Project), Series 2019, 3.80% <br> 5/1/2049  | 180 | 179 |
| 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 | 822 |
| 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 | 985 |
| County of Miami-Dade, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Cutler Vista), Series 2023, 5.00% <br> 3/1/2027 (put 9/1/2025)  | 190 | 190 |
| County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, 3.75% <br> 5/1/2031  | 500 | 495 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2027  | 1190 | 1225 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2028  | 940 | 983 |
| 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 |
| School Board of Orange County, Certs. Of Part., Series 2015-C, 5.00% 8/1/2031 (preref. 8/1/2025)  | 150 | 150 |
| 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)  | 1080 | 1084 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 3.25% 9/1/2030  | 200 | 193 |
| 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 | 1429 |
| Talavera Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 3.85% 5/1/2030  | 540 | 527 |

---

---

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

---

------

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)** |
| City of Wildwood, Village Community Dev. Dist. No. 12, Special Assessment Rev. Bonds, Series 2018, 3.80% 5/1/2028  | USD<br> 1,110<br>| $1112 |
| 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 | 274 |
| Windward at Lakewood Ranch Community Dev. Dist., Capital Improvement Rev. Bonds (Phase 2 Project), Series 2022, <br> 3.25% 5/1/2027  | 225 | 220 |
|  |  | 33893 |
| **Georgia 2.48%** | **Georgia 2.48%** | **Georgia 2.48%** |
| City of Atlanta, Airport General Rev. Ref. Bonds, Series 2023-G, AMT, 5.00% 7/1/2028  | 1000 | 1050 |
| 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 |
| City of Atlanta, Water and Wastewater Rev. Ref. Bonds, Series 2015, 5.00% 11/1/2025  | 420 | 421 |
| 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 | 461 |
| 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 | 291 |
| 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)  | 145 | 146 |
| 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 | 605 |
| 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 | 463 |
| Gwinnett County School Dist., GO Bonds, Series 2022-A, 1.75% 8/1/2025 (escrowed to maturity)  | 1650 | 1648 |
| City of Homerville, Housing Auth. Multi Family Housing Rev. Bonds, Series 2024, 3.45% 1/1/2028 (put 1/1/2027)  | 200 | 201 |
| 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)  | 798 | 832 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 7/1/2052 (put 9/1/2027)  | 1500 | 1514 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-B, 5.00% 7/1/2053 (put 3/1/2030)  | 1000 | 1054 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-B, 5.00% 12/1/2054 (put 3/1/2032)  | 335 | 354 |
| Municipal Electric Auth., Plant Vogtle Units 3 and 4 Project M Bonds, Series 2019-A, 5.00% 1/1/2029  | 1390 | 1467 |
| Municipal Electric Auth., Project One Bonds, Series 2019-A, 5.00% 1/1/2028  | 1270 | 1334 |
| Municipal Electric Auth., Project One Bonds, Series 2019-A, 5.00% 1/1/2029  | 1655 | 1763 |
| Private Colleges and Universities Auth., Rev. Bonds (Emory University), Series 2025-A, 5.00% 9/1/2029  | 3160 | 3418 |
|  |  | 17616 |
| **Hawaii 0.71%** | **Hawaii 0.71%** | **Hawaii 0.71%** |
| GO Bonds, Series 2018, 5.00% 9/1/2025  | 1100 | 1103 |
| City and County of Honolulu, GO Bonds, Series 2015-B, 5.00% 10/1/2025  | 500 | 502 |
| City and County of Honolulu, GO Bonds, Series 2023-A, 5.00% 7/1/2026  | 1000 | 1024 |
| City and County of Honolulu, GO Bonds, Series 2023-B, 5.00% 7/1/2026  | 1260 | 1290 |
| City and County of Honolulu, GO Bonds, Series 2017-A, 5.00% 9/1/2026  | 1050 | 1079 |
|  |  | 4998 |
| **Idaho 0.03%** | **Idaho 0.03%** | **Idaho 0.03%** |
| Health Facs. Auth., Rev. Bonds (St. Luke's Health System Project), Series 2018-A, 5.00% 3/1/2037  | 205 | 209 |
| **Illinois 3.38%** | **Illinois 3.38%** | **Illinois 3.38%** |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C, Assured <br> Guaranty insured, 5.00% 12/1/2027  | 350 | 362 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured <br> Guaranty insured, 5.00% 12/1/2028  | 500 | 523 |
| City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured <br> Guaranty insured, 5.00% 12/1/2030  | 150 | 156 |
| City of Chicago, G.O Bonds (City Colleges of Chicago Capital Improvement Project), CAB, Series 1999, National <br> insured, 0.0% 1/1/2026 (escrowed to maturity)  | 500 | 492 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2026  | 1000 | 1007 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2027  | 250 | 255 |
| City of Chicago, Multi Family Housing Rev. Bonds (Sacred Apartments), Series 2025-B, 3.40% 6/1/2029 (put 6/1/2028)  | 3000 | 3022 |

---

---

| | |
|:---|:---|
| **137** | 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>|
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 11/1/2025  | USD<br> 1,000<br>| $1006 |
| City of Chicago, Water Rev. Bonds, Series 2016-A-1, 5.00% 11/1/2025  | 1000 | 1006 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017, 5.00% 11/1/2028  | 2000 | 2083 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017-2, Assured Guaranty insured, 5.00% 11/1/2031  | 1000 | 1036 |
| Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2015-B, 5.00% 5/1/2027  | 225 | 225 |
| Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 11/1/2029  | 540 | 547 |
| Fin. Auth., Rev. Ref. Bonds (Smith Crossing), Series 2022, 4.00% 10/15/2025  | 295 | 294 |
| Fin. Auth., Rev. Ref. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-B, 5.00% 7/1/2030  | 750 | 827 |
| GO Bonds, Series 2024-B, 5.00% 5/1/2026  | 310 | 315 |
| Housing Dev. Auth., Homeowner Mortgage Rev. Bonds, Series 2018-A-1, 4.00% 8/1/2048  | 1105 | 1109 |
| Housing Dev. Auth., Multi Family Rev. Green Bonds, Series 2024-C-2, FHA insured, 3.60% 8/1/2032 (put 8/1/2028)  | 1900 | 1913 |
| Housing Dev. Auth., Rev. Bonds, Series 2021-D, 3.00% 10/1/2051  | 2455 | 2412 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-I, 6.00% 10/1/2055  | 1000 | 1104 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, National <br> insured, 0% 12/15/2032  | 500 | 374 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, 4.00% <br> 12/15/2026  | 1530 | 1549 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2023-A, 5.00% <br> 12/15/2027  | 605 | 632 |
| Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2010-B-1, <br> Assured Guaranty insured, 0% 6/15/2027  | 630 | 590 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 1/1/2027  | 975 | 996 |
| Will Community Unified School Dist. No. 201-U (Crete-Monee), GO Bonds, Series 2005, CAB, 0% 11/1/2025 <br> (escrowed to maturity)  | 165 | 163 |
|  |  | 23998 |
| **Indiana 1.42%** | **Indiana 1.42%** | **Indiana 1.42%** |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-D-1, 5.00% 10/1/2064 (put 10/1/2029)  | 1550 | 1654 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2027  | 1050 | 1079 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2019-E, 5.00% 2/1/2030  | 840 | 904 |
| City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 4.50% 1/1/2034 <sup>(a)</sup>  | 155 | 157 |
| Wawasee High School Building Corp., Ad Valorem Property Tax First Mortgage Bonds, Series 2015, 4.00% 7/15/2028  | 400 | 400 |
| Wawasee High School Building Corp., Ad Valorem Property Tax First Mortgage Bonds, Series 2015, 4.00% 7/15/2030  | 810 | 810 |
| 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)  | 5000 | 5045 |
|  |  | 10049 |
| **Iowa 0.97%** | **Iowa 0.97%** | **Iowa 0.97%** |
| Fin. Auth., Multi Family Housing Rev. Bonds (AHEPA 192-IV Apartments Projects), Series 2023, 5.00% 11/1/2026 (put <br> 11/1/2025)  | 400 | 402 |
| Fin. Auth., Single Family Mortgage Bonds, Series 2022-A, 3.00% 1/1/2052  | 210 | 206 |
| Fin. Auth., Single Family Mortgage Bonds (Mortgage-Backed Securities Program), Series 2019-A, 4.00% 7/1/2047  | 600 | 605 |
| Fin. Auth., Single Family Mortgage Bonds (Mortgage-Backed Securities Program), Series 2019-D, 3.50% 1/1/2049  | 990 | 985 |
| PEFA, Inc., Gas Project Rev. Bonds, Series 2019, 5.00% 9/1/2049 (put 9/1/2026)  | 4000 | 4049 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2027  | 580 | 600 |
|  |  | 6847 |
| **Kansas 0.04%** | **Kansas 0.04%** | **Kansas 0.04%** |
| City of Manhattan, Health Care Facs. Rev. Bonds (Meadowlark Hills), Series 2021-A, 4.00% 6/1/2026  | 315 | 314 |
| **Kentucky 1.69%** | **Kentucky 1.69%** | **Kentucky 1.69%** |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 3.70% 1/1/2032 <sup>(a)</sup>  | 945 | 928 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 5.00% 6/1/2033  | 700 | 734 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 4.75% 6/1/2040  | 1180 | 1188 |
| Housing Corp., Multi Family Housing Rev. Bonds (Beecher Terrace Phase IV Project), Series 2023, 5.00% 9/1/2043 (put <br> 9/1/2026)  | 1525 | 1544 |
| 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 | 1005 |

---

---

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

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Kentucky (continued)** | **Kentucky (continued)** | **Kentucky (continued)** |
| Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, <br> 5.00% 10/1/2033  | USD<br> 1,025<br>| $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 | 441 |
| City of Paducah, Electric Plant Board, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty insured, 5.00% 10/1/2027  | 2000 | 2052 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2019-C-1, 4.00% 2/1/2050 (put 2/1/2028)  | 1000 | 1005 |
| 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 | 931 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2022-A, 5.00% 7/1/2031  | 1000 | 1111 |
|  |  | 11977 |
| **Louisiana 0.84%** | **Louisiana 0.84%** | **Louisiana 0.84%** |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2025-A, 6.00% 6/1/2055  | 3150 | 3442 |
| Housing Corp., Single Family Mortgage Rev. Bonds (Home Ownership Program), Series 2023-A, 5.75% 6/1/2054  | 1885 | 2023 |
| 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 |
|  |  | 5990 |
| **Maine 0.19%** | **Maine 0.19%** | **Maine 0.19%** |
| Fin. Auth., Student Loan Rev. Bonds (Supplemental Education Loan Program), Series 2025-A-1, AMT, Assured Guaranty <br> insured, 5.00% 12/1/2036  | 1280 | 1345 |
| **Maryland 1.07%** | **Maryland 1.07%** | **Maryland 1.07%** |
| County of Baltimore, Rev. Bonds (Riderwood Village, Inc. Fac.), Series 2020, 4.00% 1/1/2029  | 1000 | 1014 |
| 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 | 172 |
| 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 | 186 |
| 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 | 194 |
| GO Bonds, State and Local Facs. Loan of 2025, Series 2025-B-1, 5.00% 8/1/2029  | 3000 | 3276 |
| GO Bonds, State and Local Facs. Loan of 2024, Series 2024-A-1, 5.00% 6/1/2030  | 1500 | 1660 |
| GO Bonds, State and Local Facs. Loan of 2024, Series 2024-A-1, 5.00% 6/1/2034  | 500 | 572 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, 5.25% <br> 6/1/2029  | 500 | 529 |
|  |  | 7603 |
| **Massachusetts 1.96%** | **Massachusetts 1.96%** | **Massachusetts 1.96%** |
| Dev. Fin. Agcy., Rev. Bonds (Gingercare Living Issue), Series 2024-B-3, 4.75% 12/1/2029 <sup>(a)</sup>  | 2700 | 2705 |
| Dev. Fin. Agcy., Rev. Bonds (Mass General Brigham, Inc.), Series 2019-T-1, (SIFMA Municipal Swap Index + 0.60%) <br> 2.52% 7/1/2049 (put 1/29/2026) <sup>(a)(b)</sup>  | 1875 | 1874 |
| Dev. Fin. Agcy., Rev. Green Bonds (Boston Medical Center Issue), Series 2023-G, 5.00% 7/1/2025  | 565 | 565 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.25% 7/1/2032  | 455 | 454 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2022-B, AMT, 3.625% 7/1/2038  | 355 | 343 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.25% 7/1/2044  | 825 | 811 |
| GO Rev. Ref. Bonds, Series 2015-A, 5.00% 7/1/2035  | 1165 | 1165 |
| 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 | 893 |
| Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 223, 3.00% 6/1/2047  | 1395 | 1373 |
| Dev. Fin. Agcy., Rev. Green Bonds (Harvard University Issue), Series 2022-B, 5.00% 11/15/2032  | 1500 | 1682 |
| Dept. of Transportation Metropolitan Highway System Rev. Ref. Bonds, Series 2019-A, 5.00% 1/1/2027  | 1480 | 1533 |
| Water Resources Auth., General Rev. Ref. Green Bonds, Series 2007-B, 5.25% 8/1/2025  | 500 | 501 |
|  |  | 13899 |
| **Michigan 2.72%** | **Michigan 2.72%** | **Michigan 2.72%** |
| Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2015-I, 5.00% 4/15/2026  | 1700 | 1710 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2027  | 1000 | 1028 |
| Great Lakes Water Auth., Water Supply System Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2025  | 1000 | 1000 |

---

---

| | |
|:---|:---|
| **139** | 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>|
| **Michigan (continued)** | **Michigan (continued)** | **Michigan (continued)** |
| Hospital Fin. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2010-F-6, 4.00% 11/15/2047 (preref. <br> 11/15/2026)  | USD<br> 1,020<br>| $1038 |
| 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 | 1091 |
| 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 | 1535 |
| Housing Dev. Auth., Multi Family Housing Rev. Bonds (North Port Apartments Project), Series 2025, FHA insured, 5.00% <br> 8/1/2027 (put 8/1/2026)  | 2230 | 2275 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2017-B, 3.50% 6/1/2048  | 1360 | 1357 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2018-A, 4.00% 12/1/2048  | 1265 | 1268 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2018-C, 4.25% 6/1/2049  | 1325 | 1334 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2021-A, 3.00% 6/1/2052  | 1615 | 1588 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2015-A, 5.00% 8/15/2040  | 945 | 947 |
| Strategic Fund, Limited Obligation Rev. Bonds (Consumers Energy Co. Project), Series 2019, AMT, 3.35% 10/1/2049 <br> (put 10/1/2027)  | 2090 | 2061 |
| County of Wayne, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2023-B, AMT, <br> Assured Guaranty insured, 5.00% 12/1/2030  | 970 | 1040 |
|  |  | 19272 |
| **Minnesota 0.68%** | **Minnesota 0.68%** | **Minnesota 0.68%** |
| GO State Trunk Highway Rev. Ref. Bonds, Series 2022-B, 5.00% 8/1/2028  | 2000 | 2143 |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2020, AMT, 2.65% 11/1/2038  | 100 | 91 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2022-C, 3.50% 7/1/2052  | 745 | 742 |
| Various Purpose GO Bonds, Series 2021-A, 5.00% 9/1/2025  | 140 | 140 |
| Various Purpose GO Bonds, Series 2022-A, 5.00% 8/1/2026  | 1685 | 1729 |
|  |  | 4845 |
| **Missouri 1.09%** | **Missouri 1.09%** | **Missouri 1.09%** |
| Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, <br> 5.00% 2/1/2028  | 415 | 418 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-G, 5.50% 5/1/2055  | 995 | 1064 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-C, 6.00% 5/1/2055  | 375 | 412 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2024-E, 6.00% 5/1/2055  | 3115 | 3422 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series <br> 2025-A, 6.00% 5/1/2056  | 1445 | 1578 |
| 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, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2019-C, 5.00% 7/1/2025  | 555 | 555 |
| 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 | 189 |
|  |  | 7738 |
| **Montana 0.67%** | **Montana 0.67%** | **Montana 0.67%** |
| Board of Housing, Multi Family Housing Rev. Bonds (Aurora Apartments), Series 2024, 3.32% 7/1/2046 (put 2/1/2028)  | 1245 | 1247 |
| 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 | 376 |
| Board of Housing, Single Family Mortgage Bonds, Series 2019-A, FHA insured, 4.25% 12/1/2045  | 1435 | 1445 |
| Board of Housing, Single Family Mortgage Bonds, Series 2020-B, 4.00% 12/1/2050  | 1680 | 1691 |
|  |  | 4759 |
| **Nebraska 0.34%** | **Nebraska 0.34%** | **Nebraska 0.34%** |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2018-A, 4.00% 9/1/2048  | 710 | 713 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2019-B, AMT, 4.00% 9/1/2049  | 125 | 125 |
| Omaha Public Power Dist., Separate Electric System Rev. Bonds (Nebraska City 2), Series 2015-A, 5.00% 2/1/2033  | 1565 | 1567 |
|  |  | 2405 |

---

---

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

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Nevada 0.50%** | **Nevada 0.50%** | **Nevada 0.50%** |
| Clark County School Dist., Limited Tax GO Building Bonds, Series 2020-A, Assured Guaranty insured, 5.00% <br> 6/15/2026  | USD<br> 500<br>| $511 |
| Clark County School Dist., Limited Tax GO Building Bonds, Series 2022-A, 5.00% 6/15/2031  | 500 | 555 |
| County of Clark, Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series 2010, 2.10% 6/1/2031  | 350 | 306 |
| Housing Division, Multi Unit Housing Rev. Bonds (Carville Park Apartments), Series 2024, 5.00% 7/1/2028 (put <br> 7/1/2027)  | 185 | 192 |
| 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 |
| City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series 2023, <br> 5.00% 6/1/2028  | 345 | 354 |
| 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 | 255 |
| 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 |
| City of Sparks, Tourism Improvement Dist. No. 1 (Legends at Sparks Marina), Sales Tax Anticipation Rev. Ref. Bonds, <br> Series 2019-A, 2.75% 6/15/2028 <sup>(a)</sup>  | 915 | 894 |
|  |  | 3511 |
| **New Hampshire 0.50%** | **New Hampshire 0.50%** | **New Hampshire 0.50%** |
| Health and Education Facs. Auth., Education Loan Rev. Bonds (Granite Edvance Corp. Issue), Series 2024-B, AMT, <br> 4.00% 11/1/2044  | 230 | 210 |
| 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  | 705 | 719 |
| 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 | 748 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.00% 6/1/2031  | 440 | 476 |
| National Fin. Auth., Special Rev. Bonds (Grand Prairie Project), Series 2024, 5.875% 12/15/2032 <sup>(a)</sup>  | 1000 | 983 |
| 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>  | 425 | 433 |
|  |  | 3569 |
| **New Jersey 1.55%** | **New Jersey 1.55%** | **New Jersey 1.55%** |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 9/15/2029  | 1430 | 1430 |
| 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)  | 920 | 920 |
| Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series 2017-A, <br> 5.00% 7/1/2038  | 1670 | 1695 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2022, AMT, 4.00% <br> 12/1/2041  | 175 | 173 |
| Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2025, AMT, 4.50% <br> 12/1/2045  | 1170 | 1160 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1B, AMT, 5.00% 12/1/2031  | 1000 | 1047 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2019-B, AMT, 3.00% 12/1/2034  | 1275 | 1157 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2020-A, AMT, 3.50% 12/1/2039  | 390 | 378 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2021-B, AMT, 2.50% 12/1/2040  | 545 | 500 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2020-D, 5.00% 1/1/2028  | 1015 | 1045 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2030  | 1365 | 1490 |
|  |  | 10995 |
| **New Mexico 0.10%** | **New Mexico 0.10%** | **New Mexico 0.10%** |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2020-A, Class I, 3.50% 1/1/2051  | 185 | 185 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2025-A, Class I, 5.75% 3/1/2056  | 500 | 546 |
|  |  | 731 |
| **New York 6.11%** | **New York 6.11%** | **New York 6.11%** |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2026  | 1500 | 1521 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024-A, 5.00% 3/15/2031  | 1000 | 1113 |
| Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-A, 5.00% 3/15/2031  | 1010 | 1124 |
| Housing Fin. Agcy., 160 West 62nd Street Housing Rev. Bonds, Series 2011-A-1, 3.60% 11/1/2044 (put 4/1/2032)  | 425 | 425 |

---

---

| | |
|:---|:---|
| **141** | 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 (continued)** | **New York (continued)** | **New York (continued)** |
| Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 5.00% 11/15/2045 (put 5/15/2030)  | USD<br> 2,000<br>| $2115 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2017-C-1, 5.00% 11/15/2025  | 2100 | 2114 |
| 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 | 2483 |
| New York City GO Bonds, Fiscal 2016, Series 2016-A, 5.00% 8/1/2026  | 3000 | 3005 |
| New York City GO Bonds, Fiscal 2023, Series 2023-F-1, 5.00% 8/1/2029  | 1000 | 1088 |
| 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  | 975 | 1088 |
| New York City GO Bonds, Fiscal 2006, Series 2006-I-6, 5.00% 4/1/2032  | 1770 | 1979 |
| New York City GO Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 2/1/2033  | 1910 | 2147 |
| New York City GO Bonds, Fiscal 2006, Series 2006-I-6, 5.00% 4/1/2033  | 1405 | 1581 |
| New York City Housing Dev. Corp., Multi Family Housing Rev. Bonds, Series 2025, 3.30% 5/5/2055 (put 12/22/2025)  | 2565 | 2565 |
| 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 | 1007 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, Assured <br> Guaranty insured, 5.00% 1/1/2028  | 1320 | 1385 |
| New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, Assured <br> Guaranty insured, 5.00% 1/1/2031  | 1000 | 1093 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F, 5.00% 11/1/2030  | 1620 | 1798 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-G, 5.00% 11/1/2030  | 1010 | 1121 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.00% 11/1/2030  | 550 | 611 |
| Port Auth., Consolidated Bonds, Series 227, AMT, 3.00% 10/1/2028  | 500 | 493 |
| Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-A-1, 4.85% <br> 11/1/2031 <sup>(a)</sup>  | 220 | 221 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-A, AMT, 5.00% 12/1/2025  | 1345 | 1353 |
| Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), Series <br> 2020-C, 5.00% 12/1/2025  | 100 | 101 |
| 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 | 2528 |
| 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 | 2146 |
| 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  | 1900 | 1945 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2022-A, 5.00% 9/15/2031  | 1100 | 1228 |
|  |  | 43357 |
| **North Carolina 2.38%** | **North Carolina 2.38%** | **North Carolina 2.38%** |
| City of Asheville, Housing Auth., Multi Family Housing Rev. Bonds (Vanderbilt Apartments), Series 2023, 5.00% <br> 11/1/2026 (put 11/1/2025)  | 515 | 518 |
| Educational Assistance Auth., Student Loan Rev. Bonds, Series 2023-A, AMT, 5.00% 6/1/2043  | 255 | 259 |
| Greater Asheville Regional Airport Auth., Airport System Rev. Bonds, Series 2023, AMT, 5.00% 7/1/2031  | 1845 | 1987 |
| 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 | 802 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds, Series 44, 2.05% 1/1/2028  | 500 | 481 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds, Series 41, 4.00% 1/1/2050  | 1060 | 1064 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds, Series 47, 3.00% 7/1/2051  | 1350 | 1331 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 55-A, 6.25% 7/1/2055  | 1310 | 1437 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 57-A, 6.25% 1/1/2056  | 1760 | 1970 |
| Housing Fin. Agcy., Home Ownership Rev. Ref. Bonds, Series 44, 4.00% 7/1/2050  | 1790 | 1800 |
| Inlivian Multi Family Housing Rev. Bonds (The Barton South), Series 2025-B, 3.375% 2/1/2029 (put 2/1/2028)  | 1350 | 1352 |
| Inlivian Multi Family Housing Rev. Bonds (Central at Old Concord), Series 2025, 3.30% 11/10/2043 (put 11/1/2028)  | 520 | 521 |
| County of Mecklenburg, Limited Obligation Bonds, Series 2025, 5.00% 2/1/2030  | 975 | 1072 |
| 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 |
| 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 | 152 |

---

---

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

---

------

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)** |
| North Carolina Central University, General Rev. Bonds (The Board of Governors), Series 2016, 5.00% 10/1/2025  | USD<br> 125<br>| $125 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2045  | 1340 | 1355 |
| 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  | 250 | 249 |
|  |  | 16875 |
| **North Dakota 0.26%** | **North Dakota 0.26%** | **North Dakota 0.26%** |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2019-C, 4.00% 1/1/2050  | 360 | 363 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-B, 3.00% 7/1/2052  | 1325 | 1299 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2024-D, 6.00% 7/1/2055  | 170 | 187 |
|  |  | 1849 |
| **Ohio 2.43%** | **Ohio 2.43%** | **Ohio 2.43%** |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2014-D, 3.20% 5/1/2026  | 140 | 139 |
| Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-B, AMT, 3.70% 7/1/2028  | 1440 | 1430 |
| Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (Ohio Valley Electric Corp. Project), Series 2019-A, 3.25% 9/1/2029  | 1700 | 1662 |
| 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 | 192 |
| City of Columbus, Various Purpose Unlimited Tax GO Bonds, Series 2024-A, 5.00% 8/15/2026  | 1000 | 1027 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2033  | 500 | 481 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2028 <sup>(a)</sup>  | 250 | 252 |
| Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2021-B, 5.00% 1/1/2030  | 2500 | 2718 |
| Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2017-A, 3.25% 1/1/2035  | 250 | 237 |
| Housing Fin. Agcy., Multi Family Housing Rev. Bonds (Beechwood Apartments), Series 2025, 3.37% 3/1/2028 (put <br> 3/1/2027)  | 1175 | 1181 |
| Housing Fin. Agcy., Multi Family Housing Rev. Bonds (Community Pendleton Project), Series 2025, 3.40% 7/1/2042 <br> (put 2/1/2028)  | 1300 | 1303 |
| Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2022-A, 3.25% <br> 9/1/2052  | 395 | 391 |
| City of Norwood, Special Obligation Rev. Ref. Bonds (Rookwood Exchange Project), Series 2025, 4.375% 12/1/2030  | 645 | 646 |
| 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)  | 2270 | 2341 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2025  | 300 | 300 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2026  | 335 | 340 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2027  | 470 | 484 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2028  | 640 | 669 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2029  | 315 | 333 |
| County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series <br> 2024, 5.00% 7/1/2030  | 550 | 586 |
| Water Dev. Auth., Water Pollution Control Loan Fund Rev. Ref. Bonds, Series 2015-B, 5.00% 12/1/2026 (preref. <br> 12/1/2025)  | 500 | 504 |
|  |  | 17216 |
| **Oklahoma 0.36%** | **Oklahoma 0.36%** | **Oklahoma 0.36%** |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-A, 6.25% <br> 9/1/2056  | 1560 | 1748 |
| Turnpike Auth., Turnpike System Rev. Bonds, Series 2017-C, 5.00% 1/1/2042  | 800 | 809 |
|  |  | 2557 |
| **Oregon 0.98%** | **Oregon 0.98%** | **Oregon 0.98%** |
| GO Bonds (Article XI-M, XI-N, and XI-P State Grant Programs), Series 2025-C, 5.00% 6/1/2028  | 1000 | 1069 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.00% 5/1/2030  | 1130 | 1250 |
| GO Rev. Ref. Bonds (Article XI-F1 State Projects), Series 2025-F, 5.00% 8/1/2029  | 1200 | 1311 |

---

---

| | |
|:---|:---|
| **143** | 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>|
| **Oregon (continued)** | **Oregon (continued)** | **Oregon (continued)** |
| Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series 2024-C, <br> 6.50% 7/1/2054  | USD<br> 400<br>| $444 |
| 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 | 999 |
| City of Portland, Sewer System Rev. Bonds, Series 2020-A, 5.00% 3/1/2030  | 1160 | 1274 |
| Dept. of Transportation, Grant Anticipation Rev. Bonds, Series 2024, 5.00% 5/15/2027  | 575 | 600 |
|  |  | 6947 |
| **Pennsylvania 2.91%** | **Pennsylvania 2.91%** | **Pennsylvania 2.91%** |
| County of Allegheny, Hospital Dev. Auth., UPMC Rev. Bonds, Series 2021-B, 5.00% 10/15/2025  | 740 | 743 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2027  | 760 | 780 |
| County of Chester, Industrial Dev. Auth., Rev. Notes (Avon Grove Charter School Project), Series 2024, 5.00% 3/1/2027  | 500 | 508 |
| Delaware County Auth., Villanova University Rev. Bonds, Series 2015, 5.00% 8/1/2034 (preref. 8/1/2025)  | 250 | 250 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2024, 5.00% 7/1/2031 <sup>(a)</sup>  | 155 | 163 |
| East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), Series <br> 2016, 5.00% 12/1/2028  | 715 | 717 |
| Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, <br> AMT, 5.00% 12/31/2028  | 895 | 905 |
| 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)  | 2750 | 2777 |
| 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 | 1259 |
| Fncg. Auth., Rev. Bonds (Tobacco Master Settlement Payment), Series 2018, 5.00% 6/1/2030  | 2000 | 2088 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2031  | 700 | 736 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2020, 2.45% 6/1/2041  | 120 | 107 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 4.125% 6/1/2045  | 59 | 56 |
| 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  | 185 | 185 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2020-133, 3.00% 10/1/2050  | 1655 | 1635 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2022-140-A, 5.00% 10/1/2052  | 210 | 216 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-146A, 6.25% 10/1/2054  | 385 | 421 |
| 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 |
| Philadelphia School Dist., GO Bonds, Series 2016-D, 5.00% 9/1/2025  | 1000 | 1002 |
| Philadelphia School Dist., GO Bonds, Series 2016-F, 5.00% 9/1/2028  | 2500 | 2548 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 12/1/2027  | 1060 | 1081 |
|  |  | 20665 |
| **Puerto Rico 1.46%** | **Puerto Rico 1.46%** | **Puerto Rico 1.46%** |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(d)</sup>  | 205 | 112 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2020 <sup>(d)</sup>  | 335 | 183 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2021 <sup>(d)</sup>  | 275 | 150 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2035 <sup>(d)</sup>  | 25 | 14 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.75% 7/1/2027 <sup>(d)</sup>  | 160 | 88 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(d)</sup>  | 10 | 5 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2035 <sup>(d)</sup>  | 125 | 69 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XXX, 5.75% 7/1/2036 <sup>(d)</sup>  | 320 | 176 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-YY, 6.125% 7/1/2040  | 200 | 110 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(d)</sup>  | 1000 | 546 |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(b)</sup>  | 8700 | 5361 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 3786 | 2395 |
| 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 | 522 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2031  | 814 | 636 |
|  |  | 10367 |

---

---

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

---

------

Capital Group Short Duration Municipal Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Rhode Island 0.36%** | **Rhode Island 0.36%** | **Rhode Island 0.36%** |
| Housing and Mortgage Fin. Corp., Multi Family Dev. Green Bonds, Series 2024-1-A, FHA insured, 3.60% 10/1/2054 <br> (put 10/1/2027)  | USD<br> 350<br>| $351 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.125% 12/1/2041  | 440 | 417 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2023-A, AMT, 4.125% 12/1/2042  | 330 | 310 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-A, AMT, 4.125% 12/1/2043  | 100 | 92 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.125% 12/1/2043  | 1235 | 1124 |
| Tobacco Settlement Fin. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2015-A, 5.00% 6/1/2026  | 250 | 250 |
|  |  | 2544 |
| **South Carolina 1.97%** | **South Carolina 1.97%** | **South Carolina 1.97%** |
| Connector 2000 Assn., Inc., Toll Road Rev. Bonds, CAB, Series 2011-A-1, 0% 1/1/2032  | 347 | 226 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2022-B, 5.00% 1/1/2052  | 1800 | 1871 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-A, 6.25% 7/1/2054  | 1460 | 1606 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-B, 6.00% 1/1/2055  | 1650 | 1812 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2025-A, 6.50% 7/1/2055  | 1520 | 1719 |
| 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 | 2488 |
| 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  | 1210 | 1240 |
| Ports Auth., Rev. Bonds, Series 2015, AMT, 5.25% 7/1/2055 (preref. 7/1/2025)  | 1545 | 1545 |
| Public Service Auth., Improvement Rev. Obligations, Series 2021-B, 5.00% 12/1/2029  | 1360 | 1473 |
|  |  | 13980 |
| **South Dakota 0.52%** | **South Dakota 0.52%** | **South Dakota 0.52%** |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2018-A, 4.00% 11/1/2048  | 1875 | 1880 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2019-B, 4.00% 5/1/2049  | 1360 | 1365 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2025-A, 6.50% 11/1/2055  | 385 | 436 |
|  |  | 3681 |
| **Tennessee 1.22%** | **Tennessee 1.22%** | **Tennessee 1.22%** |
| City of Chattanooga, Electric System Rev. Ref. Bonds, Series 2015-C, 5.00% 9/1/2040  | 250 | 251 |
| Health and Educational Facs. Auth., Collateralized Multi Family Rev. Bonds (BTT Dev. IV and Housing Assoc. Rural Dev. <br> Program), Series 2024, 3.00% 4/1/2028 (put 4/1/2027)  | 755 | 754 |
| 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 | 580 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2019-2, 4.00% 1/1/2048  | 1075 | 1083 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2018-3, 4.25% 7/1/2049  | 1620 | 1630 |
| 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 | 2319 |
| 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, GO Improvement Bonds, Series 2015-C, 5.00% <br> 7/1/2032 (preref. 7/1/2025)  | 850 | 850 |
| Tennergy Corp., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 12/1/2051 (put 9/1/2028)  | 1000 | 1006 |
|  |  | 8675 |
| **Texas 9.00%** | **Texas 9.00%** | **Texas 9.00%** |
| 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 | 503 |
| Allen Independent School Dist. Unlimited Tax School Building Bonds, Series 2025-A, 5.00% 2/15/2026  | 790 | 800 |
| 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 | 313 |
| 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 | 422 |
| City of Austin, Airport System Rev. Ref. Bonds, Series 2019, AMT, 5.00% 11/15/2025  | 1055 | 1062 |
| City of Austin, Electric Utility System Rev. Ref. Bonds, Series 2015-A, 5.00% 11/15/2029  | 2000 | 2014 |
| 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 | 99 |

---

---

| | |
|:---|:---|
| **145** | 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)** |
| 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>  | USD<br> 78<br>| $77 |
| 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 | 2788 |
| Central Texas Regional Mobility Auth., Rev. Bond Anticipation Notes, Series 2021-C, 5.00% 1/1/2027  | 2600 | 2625 |
| Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2029  | 2000 | 2155 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2018, 5.00% 8/15/2025  | 1990 | 1994 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (International Leadership of Texas, Inc.), Series 2018-D, <br> 5.75% 8/15/2033  | 3690 | 3702 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (International Leadership of Texas, Inc.), Series 2015-A, <br> 5.50% 8/15/2035  | 530 | 532 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (International Leadership of Texas, Inc.), Series 2018-D, <br> 6.125% 8/15/2048  | 3300 | 3312 |
| 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)  | 950 | 968 |
| County of Collin, Road and Rev. Ref. Bonds, Series 2016, 4.00% 2/15/2027  | 500 | 503 |
| Corpus Christi Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2020, 5.00% <br> 8/15/2027  | 675 | 708 |
| Crowley Independent School Dist., Unlimited Tax School Building Bonds, Series 2019, 5.00% 8/1/2029  | 400 | 431 |
| City of Dallas, Special Tax Rev. Bonds (Kay Bailey Hutchison Convention Center Dallas Venue Project), Series 2023, <br> 6.00% 8/15/2053 (put 8/15/2028) <sup>(a)</sup>  | 400 | 401 |
| 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 | 447 |
| County of Denton, Special Assessment Rev. Bonds (Duck Point Public Improvement Dist.), Series 2025, 4.375% <br> 12/31/2030 <sup>(a)</sup>  | 400 | 397 |
| 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 | 306 |
| 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 | 215 |
| County of El Paso, Hospital Dist. GO Bonds, Series 2025, 5.00% 2/15/2031  | 1200 | 1301 |
| El Paso Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 8/15/2025  | 200 | 200 |
| Fort Bend Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2021-B, 0.72% 8/1/2051 (put 8/1/2026)  | 205 | 198 |
| City of Galveston, Wharves and Terminal Rev. Bonds, Series 2024-A, AMT, 5.00% 8/1/2029  | 450 | 469 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, CAB, Series 2001-H, National insured, 0% 11/15/2025 (escrowed to <br> maturity)  | 1000 | 988 |
| Harris County Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), <br> Series 2013-B, 5.75% 1/1/2028  | 230 | 230 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, AMT, 5.00% 7/1/2028  | 1000 | 1048 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, AMT, 5.00% 7/1/2029  | 1000 | 1060 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, Assured Guaranty insured, AMT, 5.00% 7/1/2031  | 1500 | 1615 |
| 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 | 1004 |
| 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 | 1507 |
| City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement Projects), <br> Series 2015-B-1, AMT, 5.00% 7/15/2030  | 500 | 500 |
| Humble Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/2028  | 640 | 679 |
| Klein Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2016-A, 3.00% 8/1/2028  | 750 | 748 |
| Leander Independent School Dist., Unlimited Tax School Building Bonds, CAB, Series 2025-A, 0% 8/15/2027  | 590 | 552 |
| Lewisville Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 8/15/2025  | 100 | 100 |
| Love Field Airport Modernization Corp., Special Facs. Rev. Bonds, Series 2012, AMT, 5.00% 11/1/2028  | 615 | 615 |
| Magnolia Independent School Dist., Unlimited Tax Schoolhouse and Rev. Ref. Bonds, Series 2016, 4.00% 8/15/2027 <br> (preref. 8/15/2025)  | 1015 | 1016 |
| Magnolia Independent School Dist., Unlimited Tax Schoolhouse and Rev. Ref. Bonds, Series 2016, 4.00% 8/15/2029 <br> (preref. 8/15/2025)  | 1260 | 1261 |
| Magnolia Independent School Dist., Unlimited Tax Schoolhouse and Rev. Ref. Bonds, Series 2016, 4.00% 8/15/2030 <br> (preref. 8/15/2025)  | 1310 | 1311 |
| Municipal Gas Acquisition and Supply Corp. I, Gas Supply Rev. Bonds, Series 2008-D, 6.25% 12/15/2026  | 3780 | 3880 |
| Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-A, 5.50% 1/1/2054 (put 1/1/2030)  | 1250 | 1328 |
| 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 | 586 |
| North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2024-1-A, AMT, 4.125% 6/1/2045  | 375 | 362 |

---

---

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

---

------

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, CAB, Series 2008-D, Assured Guaranty insured, 0% 1/1/2030  | USD<br> 2,000<br>| $1723 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2019, 4.00% 2027  | 600 | 613 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2022, 5.00% 2/1/2028  | 1000 | 1056 |
| 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)  | 1875 | 1888 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2031  | 305 | 309 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2032  | 320 | 323 |
| Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2024-C, 5.00% 8/15/2031  | 360 | 397 |
| Turnpike Auth., Central Texas Turnpike System, Rev. Bonds, CAB, Series 2002-A, AMBAC insured, 0% 8/15/2025  | 4705 | 4686 |
| Turnpike Auth., Central Texas Turnpike System, Rev. Bonds, CAB, Series 2002-A, AMBAC insured, 0% 8/15/2027  | 1000 | 938 |
| Board of Regents of the University of Texas System, Rev. Fncg. System Rev. Ref. Bonds, Series 2014-B, 5.00% <br> 8/15/2025  | 500 | 501 |
| Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2017-A, 5.00% 4/15/2028  | 2000 | 2100 |
|  |  | 63866 |
| **Utah 0.61%** | **Utah 0.61%** | **Utah 0.61%** |
| 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 | 271 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-G, 6.25% 7/1/2055  | 645 | 717 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-I, 6.25% 7/1/2055  | 300 | 334 |
| 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>  | 500 | 501 |
| 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>  | 1000 | 1000 |
| Salt Lake City, Airport Rev. Bonds (Salt Lake City International Airport), Series 2023-A, AMT, 5.00% 7/1/2029  | 500 | 529 |
| 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)</sup>  | 1000 | 969 |
|  |  | 4321 |
| **Vermont 0.35%** | **Vermont 0.35%** | **Vermont 0.35%** |
| 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>  | 230 | 227 |
| 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 | 615 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2023, AMT, 5.00% 6/15/2033  | 1530 | 1605 |
|  |  | 2447 |
| **Virgin Islands 0.84%** | **Virgin Islands 0.84%** | **Virgin Islands 0.84%** |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2025  | 500 | 501 |
| Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2026  | 1285 | 1296 |
| Public Fin. Auth., Grant Anticipation Rev. Bonds (Federal Highway Grant Anticipation Rev. Loan Note), Series 2015, <br> 5.00% 9/1/2025 (escrowed to maturity) <sup>(a)</sup>  | 150 | 150 |
| Public Fin. Auth., Rev. Bonds (Federal Highway Grant Anticipation Rev. Loan Notes), Series 2015, 5.00% 9/1/2033 <sup>(a)</sup>  | 4000 | 4012 |
|  |  | 5959 |
| **Virginia 1.80%** | **Virginia 1.80%** | **Virginia 1.80%** |
| 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  | 575 | 550 |
| County of Arlington, Industrial Dev. Auth., Multifamily Housing Rev. Bonds (Park Shirlington Apartments), Series <br> 2023-A, 5.00% 1/1/2026  | 1000 | 1010 |
| 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 | 1009 |
| 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 | 3046 |
| College Building Auth., Educational Facs. Rev. Bonds (21st Century College and Equipment Programs), Series 2017-C, <br> 5.00% 2/1/2031  | 1260 | 1300 |

---

---

| | |
|:---|:---|
| **147** | 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>|
| **Virginia (continued)** | **Virginia (continued)** | **Virginia (continued)** |
| Hampton Roads, Transportation Accountability Commission, Bond Anticipation Notes (Hampton Roads Transportation <br> Fund), Series 2021-A, 5.00% 7/1/2026 (escrowed to maturity)  | USD<br> 550<br>| $563 |
| County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Williamsburg Landing), Series 2024-C-2, <br> 5.50% 12/1/2028  | 365 | 365 |
| Public Building Auth., Public Facs. Rev. Bonds, Series 2015-B, AMT, 5.00% 8/1/2028  | 800 | 846 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2027  | 500 | 511 |
| Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2029  | 1000 | 1047 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 1/1/2029  | 175 | 177 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 7/1/2029  | 500 | 505 |
| Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, 4.00% <br> 1/1/2031  | 850 | 851 |
| Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-3, 5.375% 9/1/2029  | 1000 | 1010 |
|  |  | 12790 |
| **Washington 2.92%** | **Washington 2.92%** | **Washington 2.92%** |
| Central Puget Sound Regional Transit Auth., Sales Tax Improvement and Rev. Ref. Green Bonds, Series 2015-S-1, 5.00% <br> 11/1/2045 (preref. 11/1/2025)  | 250 | 252 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2030  | 1150 | 1270 |
| Energy Northwest, Electric Rev. Ref. Bonds (Project No. 3), Series 2015-C, 5.00% 7/1/2026  | 1500 | 1500 |
| Health Care Facs. Auth., Rev. Bonds (Fred Hutchinson Cancer Research Center), Series 2015, 5.00% 1/1/2027 (preref. <br> 7/1/2025)  | 1000 | 1000 |
| Health Care Facs. Auth., Rev. Bonds (Virginia Mason Medical Center), Series 2017, 5.00% 8/15/2033  | 1125 | 1136 |
| Health Care Facs. Auth., Rev. Bonds (Yakima Valley Memorial Hospital Assn.), Series 2016, 5.00% 12/1/2036 (preref. <br> 12/1/2026)  | 870 | 893 |
| Health Care Facs. Auth., Rev. Bonds (Yakima Valley Memorial Hospital Assn.), Series 2016, 5.00% 12/1/2041 (preref. <br> 12/1/2026)  | 645 | 662 |
| 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 | 139 |
| 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 | 251 |
| 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, Sewer Improvement and Rev. Ref. Bonds, Series 2016-B, 5.00% 7/1/2041 (preref. 7/1/2026)  | 1785 | 1826 |
| City of Seattle, Solid Waste System Rev. Ref. Bonds, Series 2021, 5.00% 8/1/2025  | 1040 | 1042 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2026  | 2000 | 2038 |
| Various Purpose GO Rev. Ref. Bonds, Series 2022-R-C, 4.00% 7/1/2026  | 2000 | 2028 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-D, 5.00% 8/1/2029  | 2980 | 3247 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-B, 5.00% 7/1/2030  | 1890 | 2089 |
| Various Purpose GO Rev. Ref. Bonds, Series R-2023-A, 5.00% 8/1/2030  | 765 | 847 |
|  |  | 20690 |
| **Wisconsin 2.52%** | **Wisconsin 2.52%** | **Wisconsin 2.52%** |
| University of Wisconsin, Hospitals and Clinics Auth., Rev. Green Bonds, Series 2024-A, 5.00% 4/1/2029  | 1000 | 1077 |
| GO Rev. Ref. Bonds, Series 2025-2, 5.00% 5/1/2026  | 2000 | 2039 |
| GO Rev. Ref. Bonds, Series 2017-3, 5.00% 11/1/2027  | 1000 | 1044 |
| 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 | 1220 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2025-A, 6.25% 9/1/2055  | 5835 | 6458 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds (Social Bonds), Series 2024-C, 6.00% 3/1/2055  | 365 | 398 |
| Public Fin. Auth., Exempt Facs. Rev. Ref. Bonds (Celanese Project), Series 2016-A, AMT, 5.00% 12/1/2025 <sup>(a)</sup>  | 2000 | 2003 |
| 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>  | 1093 | 1079 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Mayfair Project), Series 2024-A-4, 5.50% <br>11/15/2032 <sup>(a)</sup>  | 1040 | 1032 |
| Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Two Step Project), CAB, Series 2024, 0% <br>12/15/2034 <sup>(a)</sup>  | 1545 | 876 |

---

---

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

---

------

Capital Group Short Duration Municipal 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., 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>  | USD<br> 160<br>| $166 |
| Public Fin. Auth., Special Rev. Bonds (Candela Project), Series 2023, 6.125% 12/15/2029 <sup>(a)</sup>  | 142 | 143 |
| 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>  | 341 | 341 |
|  |  | 17876 |
| **Total bonds, notes & other debt instruments** (cost: $654,977,000) |  | 657531 |
| Short-term securities 7.70% |  |  |
| **Municipals 7.70%** | **Municipals 7.70%** | **Municipals 7.70%** |
| State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A., Inc. <br> Project), Series 2009-D, 4.05% 12/1/2030<sup>(b)</sup>  | 490 | 490 |
| State of Florida, Capital Facs. Fin. Agcy., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series <br> 2010-A, 3.70% 7/1/2034 (put 9/2/2025)<sup>(e)</sup>  | 1515 | 1516 |
| State of Florida, City of Gainesville, Utilities System Rev. Bonds, Series 2019-C, 4.13% 10/1/2047<sup>(b)</sup>  | 115 | 115 |
| State of Arizona, City of Phoenix, Industrial Dev. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. <br> Project), Series 2013, AMT, 3.70% 12/1/2035 (put 11/3/2025)<sup>(e)</sup>  | 5000 | 5001 |
| State of Minnesota, City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2025-D, 3.35% 11/15/2064<sup>(b)</sup>  | 4700 | 4700 |
| State of Alaska, City of Valdez, Marine Terminal Rev. Ref. Bonds (Exxon Pipeline Co. Project), Series 1993-A, 4.05% <br> 12/1/2033<sup>(b)</sup>  | 1100 | 1100 |
| State of Maryland, County of Montgomery, GO Consolidated Public Improvement Bonds, Series 2017-E, 3.85% <br> 11/1/2037<sup>(b)</sup>  | 1200 | 1200 |
| State of Pennsylvania, Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series <br> 2019-B-2, AMT, 4.20% 4/1/2049 (put 7/15/2025)<sup>(e)</sup>  | 1900 | 1900 |
| State of Illinois, Fin. Auth., Demand Rev. Bonds (University of Chicago Medical Center), Series 2011-A, 3.90% <br> 8/1/2044<sup>(b)</sup>  | 6000 | 6000 |
| State of Indiana, Fin. Auth., Econ. Dev. Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-B, 3.50% 5/1/2028 <br> (put 9/2/2025)<sup>(e)</sup>  | 925 | 925 |
| State of Texas, Gulf Coast Industrial Dev. Auth., Rev. Bonds (ExxonMobil Project), Series 2012, 3.95% 11/1/2041<sup>(b)</sup>  | 9300 | 9300 |
| State of Ohio, Hospital Rev. Bonds (Cleveland Clinic Health System Obligated Group), Series 2013-B-3, 3.60% <br> 1/1/2039<sup>(b)</sup>  | 100 | 100 |
| State of South Carolina, Jobs-Econ. Dev. Auth., Hospital Rev. Bonds (Prisma Health Obligated Group), Series 2018-B, <br> 3.95% 5/1/2048<sup>(b)</sup>  | 4500 | 4500 |
| State of New York, New York City GO Bonds, Fiscal 2012, Series 2012-G-6, 4.00% 4/1/2042<sup>(b)</sup>  | 5000 | 5000 |
| State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. <br> Bonds, Series 2015-BB-4, 3.90% 6/15/2050<sup>(b)</sup>  | 1100 | 1100 |
| State of Louisiana, Parish of East Baton Rouge, Pollution Control Rev. Ref. Bonds (ExxonMobil Project), Series 2010-A, <br> 4.07% 8/1/2035<sup>(b)</sup>  | 1100 | 1100 |
| State of South Carolina, Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2025-B, 5.00% 12/1/2025 | 3750 | 3779 |
| State of Ohio, Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010, 3.50% 11/1/2035 (put <br> 9/2/2025)<sup>(e)</sup>  | 1265 | 1265 |
| State of New York, Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds, Series 2005-B-3, 4.05% 1/1/2035<sup>(b)</sup>  | 5560 | 5560 |
|  |  | 54651 |
| **Total short-term securities** (cost: $54,653,000) |  | 54651 |
| **Total investment securities 100.39%** (cost: $709,630,000) |  | 712182 |
| Other assets less liabilities (0.39)% |  | (2755)<br>|
| **Net assets 100.00%** |  | $709427 |

---

---

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

---

------

Capital Group Short Duration Municipal 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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 169 | 9/30/2025 | USD35,156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $73 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 78 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8913)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (91)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(18)<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 $37,808,000, which represented 5.30% 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 |
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| CAB = Capital Appreciation Bonds |
| Certs. = Certificates |
| Dept. = Department |
| Dev. = Development |
| Dist. = District |
| Dists. = Districts |
| Econ. = Economic |

---

---

| |
|:---|
| Fac. = Facility |
| Facs. = Facilities |
| Fin. = Finance |
| Fncg. = Financing |
| GO = General Obligation |
| Part. = Participation |
| preref. = Prerefunded |
| Redev. = Redevelopment |
| Ref. = Refunding |
| Rev. = Revenue |
| SIFMA = Securities Industry and Financial Markets Association |

---

Refer to the notes to financial statements.

---

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

---

------

Capital Group Ultra Short Income ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 78.98% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans 50.57%** | **Corporate bonds, notes & loans 50.57%** | **Corporate bonds, notes & loans 50.57%** |
| **Financials 26.67%** |  |  |
| Aon Global, Ltd. 3.875% 12/15/2025  | USD<br> 200<br>| $199 |
| Arthur J. Gallagher & Co. 4.60% 12/15/2027  | 500 | 504 |
| Bank of America Corp. 4.827% 7/22/2026 (USD-SOFR + 1.75% on 7/22/2025) <sup>(a)</sup>  | 1000 | 1000 |
| Bank of Montreal 4.588% 12/11/2026 (USD-SOFR + 0.429% on 12/11/2025) <sup>(a)</sup>  | 300 | 300 |
| Bank of New York Mellon Corp. 4.414% 7/24/2026 (USD-SOFR + 1.345% on 7/24/2025) <sup>(a)</sup>  | 100 | 100 |
| Barclays PLC 5.20% 5/12/2026  | 300 | 301 |
| Brown & Brown, Inc. 4.60% 12/23/2026  | 750 | 754 |
| Canadian Imperial Bank of Commerce 4.508% 9/11/2027 (USD-SOFR + 0.93% on 9/11/2026) <sup>(a)</sup>  | 522 | 523 |
| Charles Schwab Corp. (The) 5.875% 8/24/2026  | 150 | 153 |
| Citibank, NA 4.576% 5/29/2027  | 250 | 252 |
| Citigroup, Inc. 4.643% 5/7/2028 (USD-SOFR + 1.143% on 5/7/2027) <sup>(a)</sup>  | 500 | 501 |
| Deutsche Bank AG 6.119% 7/14/2026 (USD-SOFR + 3.19% on 7/14/2025) <sup>(a)</sup>  | 800 | 800 |
| Fifth Third Bank, National Association 3.85% 3/15/2026  | 900 | 894 |
| Goldman Sachs Group, Inc. 5.798% 8/10/2026 (USD-SOFR + 1.075% on 8/10/2025) <sup>(a)</sup>  | 700 | 701 |
| Goldman Sachs Group, Inc. 1.093% 12/9/2026 (USD-SOFR + 0.789% on 12/9/2025) <sup>(a)</sup>  | 550 | 542 |
| HSBC Holdings PLC 4.899% 3/3/2029 (USD-SOFR + 1.03% on 3/3/2028) <sup>(a)</sup>  | 450 | 454 |
| JPMorgan Chase & Co. 1.045% 11/19/2026 (USD-SOFR + 0.80% on 11/19/2025) <sup>(a)</sup>  | 200 | 197 |
| JPMorgan Chase & Co. 4.505% 10/22/2028 (USD-SOFR + 0.86% on 10/22/2027) <sup>(a)</sup>  | 400 | 401 |
| Lloyds Banking Group PLC 4.582% 12/10/2025  | 250 | 250 |
| Lloyds Banking Group PLC 4.65% 3/24/2026  | 200 | 200 |
| Met Tower Global Funding 4.80% 1/14/2028 <sup>(b)</sup>  | 300 | 304 |
| Metropolitan Life Global Funding I 0.95% 7/2/2025 <sup>(b)</sup>  | 200 | 200 |
| Morgan Stanley 0.985% 12/10/2026 (USD-SOFR + 0.72% on 12/10/2025) <sup>(a)</sup>  | 1000 | 984 |
| 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>  | 100 | 97 |
| Northwestern Mutual Global Funding 4.00% 7/1/2025 <sup>(b)</sup>  | 300 | 300 |
| PNC Bank, National Association, 4.543% 5/13/2027 (USD-SOFR + 0.63% on 5/13/2026) <sup>(a)</sup>  | 430 | 430 |
| Royal Bank of Canada 4.65% 1/27/2026  | 225 | 225 |
| State Street Corp. 4.543% 4/24/2028 (USD-SOFR + 0.95% on 4/24/2027) <sup>(a)</sup>  | 554 | 558 |
| Sumitomo Mitsui Financial Group, Inc. 1.474% 7/8/2025  | 676 | 676 |
| Toronto-Dominion Bank (The) 4.568% 12/17/2026  | 850 | 854 |
| Truist Bank 3.625% 9/16/2025  | 250 | 249 |
| U.S. Bancorp 3.10% 4/27/2026  | 850 | 842 |
| Wells Fargo & Co. 4.10% 6/3/2026  | 195 | 194 |
|  |  | 14939 |
| **Utilities 3.45%** |  |  |
| CMS Energy Corp. 3.00% 5/15/2026  | 700 | 691 |
| Edison International 4.70% 8/15/2025  | 352 | 351 |
| Pacific Gas and Electric Co. 3.45% 7/1/2025  | 350 | 350 |
| Pacific Gas and Electric Co. 2.95% 3/1/2026  | 550 | 543 |
|  |  | 1935 |
| **Consumer staples 3.21%** |  |  |
| Altria Group, Inc. 4.40% 2/14/2026  | 200 | 199 |
| BAT International Finance PLC 1.668% 3/25/2026  | 200 | 196 |
| Conagra Brands, Inc. 4.60% 11/1/2025  | 100 | 100 |
| Mars, Inc. 4.45% 3/1/2027 <sup>(b)</sup>  | 500 | 502 |
| Philip Morris International, Inc. 4.375% 11/1/2027  | 200 | 201 |
| Philip Morris International, Inc. 4.125% 4/28/2028  | 600 | 599 |
|  |  | 1797 |
| **Health care 2.68%** |  |  |
| Amgen, Inc. 5.507% 3/2/2026  | 600 | 600 |
| CVS Health Corp. 3.875% 7/20/2025  | 100 | 100 |
| CVS Health Corp. 5.00% 2/20/2026  | 100 | 100 |

---

---

| | |
|:---|:---|
| **151** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Health care (continued)** |  |  |
| Elevance Health, Inc. 4.50% 10/30/2026  | USD<br> 200<br>| $201 |
| HCA, Inc. 5.00% 3/1/2028  | 300 | 305 |
| Utah Acquisition Sub, Inc. 3.95% 6/15/2026  | 200 | 198 |
|  |  | 1504 |
| **Information technology 2.53%** |  |  |
| Broadcom, Inc. 4.15% 2/15/2028  | 300 | 299 |
| Microchip Technology, Inc. 4.90% 3/15/2028  | 399 | 404 |
| Oracle Corp. 4.80% 8/3/2028  | 208 | 211 |
| Synopsys, Inc. 4.55% 4/1/2027  | 500 | 503 |
|  |  | 1417 |
| **Communication services 2.49%** |  |  |
| Charter Communications Operating, LLC 4.908% 7/23/2025  | 350 | 350 |
| Comcast Corp. 3.95% 10/15/2025  | 550 | 549 |
| T-Mobile USA, Inc. 2.25% 2/15/2026  | 501 | 494 |
|  |  | 1393 |
| **Consumer discretionary 2.41%** |  |  |
| Ford Motor Credit Co., LLC 3.375% 11/13/2025  | 400 | 397 |
| Ford Motor Credit Co., LLC 6.95% 3/6/2026  | 100 | 101 |
| General Motors Financial Co., Inc. 6.05% 10/10/2025  | 550 | 552 |
| Hyundai Capital America 4.30% 9/24/2027 <sup>(b)</sup>  | 200 | 198 |
| Hyundai Capital America 4.875% 11/1/2027 <sup>(b)</sup>  | 100 | 101 |
|  |  | 1349 |
| **Industrials 2.18%** |  |  |
| BAE Systems Holdings, Inc. 3.85% 12/15/2025 <sup>(b)</sup>  | 300 | 299 |
| Boeing Co. (The) 2.75% 2/1/2026  | 454 | 449 |
| Boeing Co. (The) 3.10% 5/1/2026  | 250 | 247 |
| RTX Corp. 3.95% 8/16/2025  | 100 | 100 |
| SkyMiles IP, Ltd. 4.50% 10/20/2025 <sup>(b)</sup>  | 125 | 124 |
|  |  | 1219 |
| **Real estate 2.13%** |  |  |
| Boston Properties, LP 2.75% 10/1/2026  | 161 | 157 |
| COPT Defense Properties, LP 2.25% 3/15/2026  | 600 | 589 |
| Equinix, Inc. 1.00% 9/15/2025  | 250 | 248 |
| VICI Properties, LP 4.75% 4/1/2028  | 196 | 198 |
|  |  | 1192 |
| **Energy 1.94%** |  |  |
| Canadian Natural Resources, Ltd. 2.05% 7/15/2025  | 120 | 120 |
| Occidental Petroleum Corp. 5.00% 8/1/2027  | 419 | 423 |
| ONEOK, Inc. 2.20% 9/15/2025  | 119 | 118 |
| Petroleos Mexicanos 6.875% 10/16/2025  | 427 | 427 |
|  |  | 1088 |

---

---

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

---

------

Capital Group Ultra Short Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued) | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Materials 0.88%** |  |  |
| International Flavors & Fragrances, Inc. 1.23% 10/1/2025 <sup>(b)</sup>  | USD<br> 42<br>| $42 |
| LYB International Finance III, LLC 1.25% 10/1/2025  | 250 | 248 |
| Rio Tinto Finance (USA) PLC 4.375% 3/12/2027  | 200 | 201 |
|  |  | 491 |
| **Total corporate bonds, notes & loans** |  | 28324 |
| **Asset-backed obligations 21.28%** | **Asset-backed obligations 21.28%** | **Asset-backed obligations 21.28%** |
| ACHV ABS Trust, Series 2024-2PL, Class A, 5.07% 10/27/2031 <sup>(b)(c)</sup>  | 69 | 69 |
| ACHV ABS Trust, Series 2025-1PL, Class A, 4.76% 4/26/2032 <sup>(b)(c)</sup>  | 56 | 56 |
| ACHV ABS Trust, Series 23-4CP, Class C, 7.71% 11/25/2030 <sup>(b)(c)</sup>  | 12 | 12 |
| Affirm Asset Securitization Trust, Series 2021-Z2, Class A, 1.17% 11/16/2026 <sup>(b)(c)</sup>  | 5 | 5 |
| Affirm, Inc., Series 2023-B, Class 1A, 6.82% 9/15/2028 <sup>(b)</sup>  | 300 | 301 |
| Affirm, Inc., Series 2023-B, Class A, 6.82% 9/15/2028 <sup>(b)(c)</sup>  | 100 | 100 |
| Affirm, Inc., Series 2024, Class 1A, 5.61% 2/15/2029 <sup>(b)(c)</sup>  | 500 | 502 |
| Affirm, Inc., Series 2024-X2, Class A, 5.22% 12/17/2029 <sup>(b)(c)</sup>  | 46 | 46 |
| Affirm, Inc., Series 2025-X1, Class A, 5.08% 4/15/2030 <sup>(b)</sup>  | 185 | 185 |
| American Credit Acceptance Receivables Trust, Series 2025-2, Class A, 4.81% 9/12/2028 <sup>(b)</sup>  | 259 | 259 |
| American Homes 4 Rent, Series 2015-SFR2, Class B, 4.295% 10/17/2052 <sup>(b)(c)</sup>  | 150 | 149 |
| Auxilior Term Funding, LLC, Series 2023-1A, Class A3, 5.70% 2/15/2030 <sup>(b)(c)</sup>  | 150 | 153 |
| Avant Credit Card Master Trust, Series 2024-2A, Class A, 5.38% 5/15/2029 <sup>(b)(c)</sup>  | 200 | 199 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2, Class A, 2.02% 2/20/2027 <sup>(b)(c)</sup>  | 600 | 593 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class C, 6.24% 4/20/2027 <sup>(b)(c)</sup>  | 100 | 100 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-2, Class A, 5.20% 10/20/2027 <sup>(b)</sup>  | 500 | 504 |
| AXIS Equipment Finance Receivables, LLC, Series 2022-2A, Class B, 5.65% 10/20/2028 <sup>(b)</sup>  | 400 | 404 |
| Bridge Trust, Series 2022-SFR1, Class A, 3.40% 11/17/2037 <sup>(b)(c)</sup>  | 100 | 99 |
| Bridgecrest Lending Auto Securitization Trust, Series 2023-1, Class B, 6.80% 8/15/2029 <sup>(c)</sup>  | 290 | 293 |
| Capteris Equipment Finance, Series 2024-1, Class A2, 5.58% 7/20/2032 <sup>(b)(c)</sup>  | 160 | 163 |
| Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.72% 9/11/2028 <sup>(c)</sup>  | 121 | 117 |
| Carvana Auto Receivables Trust, Series 2024-N1, Class B, 5.63% 5/10/2030 <sup>(b)</sup>  | 250 | 253 |
| CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/2060 <sup>(b)(c)</sup>  | 225 | 222 |
| CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/2061 <sup>(b)(c)</sup>  | 236 | 227 |
| Clarus Capital Funding, LLC, Series 2024-1A, Class A2, 4.71% 8/20/2032 <sup>(b)(c)</sup>  | 85 | 86 |
| CLI Funding VIII, LLC, Series 2021-1A, Class A, 2.38% 2/18/2046 <sup>(b)(c)</sup>  | 53 | 49 |
| CPS Auto Receivables Trust, Series 2024-A, Class B, 5.65% 5/15/2028 <sup>(b)(c)</sup>  | 300 | 301 |
| CPS Auto Receivables Trust, Series 2024-D, Class A, 4.91% 6/15/2028 <sup>(b)(c)</sup>  | 54 | 54 |
| Enterprise Fleet Financing, LLC, Series 2024-4, Class A2, 4.69% 7/20/2027 <sup>(b)(c)</sup>  | 100 | 100 |
| Enterprise Fleet Financing, LLC, Series 22-1, Class A3, 3.27% 1/20/2028 <sup>(b)(c)</sup>  | 228 | 227 |
| Exeter Automobile Receivables Trust, Series 2024-3A, Class A2, 5.82% 2/15/2027 <sup>(c)</sup>  | 11 | 11 |
| Exeter Select Automobile Receivables Trust, Series 2025-1, Class A2, 4.83% 10/16/2028  | 48 | 48 |
| FirstKey Homes Trust, Series 20-SFR2, Class C, 1.667% 10/19/2037 <sup>(b)(c)</sup>  | 200 | 197 |
| Ford Credit Floorplan Master Owner Trust, Series 2025-1, Class A1, 4.63% 4/15/2030  | 78 | 79 |
| Frontier Issuer LLC, Series 2023-1, CLass A2, 6.6% 8/20/2053 <sup>(b)</sup>  | 200 | 203 |
| GLS Auto Receivables Trust, Series 2025-2A, Class A2, 4.75% 3/15/2028 <sup>(b)</sup>  | 200 | 200 |
| GLS Auto Select Receivables Trust, Series 2024-4A, Class A2, 4.43% 12/17/2029 <sup>(b)(c)</sup>  | 42 | 41 |
| Hertz Vehicle Financing III, LLC, Series 2022-2A, Class A, 2.33% 6/26/2028 <sup>(b)(c)</sup>  | 160 | 154 |
| 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 2023-3A, Class A, 5.94% 2/25/2028 <sup>(b)(c)</sup>  | 110 | 112 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class A, 4.91% 9/25/2029 <sup>(b)(c)</sup>  | 100 | 100 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(b)(c)</sup>  | 300 | 302 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class A1, 6.20% 8/15/2029 <sup>(b)(c)</sup>  | 100 | 101 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/2061 <sup>(b)(c)</sup>  | 100 | 94 |
| NMEF Funding, LLC, Series 2024-A, Class A2, 5.15% 12/15/2031 <sup>(b)(c)</sup>  | 132 | 133 |
| NMEF Funding, LLC, Series 2025-A, Class A2, 4.72% 7/15/2032 <sup>(b)(c)</sup>  | 100 | 100 |
| OnDeck Asset Securitization Trust, LLC, Series 2025-1A, Class A, 5.08% 4/19/2032 <sup>(b)(c)</sup>  | 100 | 100 |
| PEAC Solutions Receivables, LLC, Series 2024-2A, Class A2, 4.74% 4/20/2027 <sup>(b)(c)</sup>  | 72 | 72 |
| PFS Financing Corp., Series 2023-B, Class A, 5.27% 5/15/2028 <sup>(b)(c)</sup>  | 580 | 584 |
| Post Road Equipment Finance, Series 2024-1, Class C, 5.81% 10/15/2030 <sup>(b)(c)</sup>  | 500 | 508 |
| Prestige Auto Receivables Trust, Series 2024-2, Class A2, 4.72% 2/15/2028 <sup>(b)(c)</sup>  | 27 | 27 |
| Reach Financial, LLC, Series 2024-2, Class A, 5.88% 7/15/2031 <sup>(b)(c)</sup>  | 107 | 108 |
| Santander Drive Auto Receivables Trust, Series 2024-3, Class B, 5.55% 9/17/2029  | 260 | 264 |

---

---

| | |
|:---|:---|
| **153** | 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)** |
| Securitized Term Auto Receivables Trust, Series 2025-A, Class B, 5.038% 7/25/2031 <sup>(b)(c)</sup>  | USD<br> 10<br>| $10 |
| Steele Creek CLO, Ltd., Series 2019-1A, Class ARR, (3-month USD CME Term SOFR + 1.04%) 5.296% <br> 4/15/2032 <sup>(b)(c)(d)</sup>  | 203 | 203 |
| Stellantis Financial Underwritten Enhanced Lease Trust, Series 2025-AA, Class A2, 4.63% 7/20/2027 <sup>(b)</sup>  | 75 | 75 |
| Synchrony Card Issuance Trust., Series 22-A2, Class A, 3.86% 7/15/2028 <sup>(c)</sup>  | 200 | 200 |
| TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/2045 <sup>(b)(c)</sup>  | 426 | 402 |
| Textainer Marine Containers, Ltd., Series 2020-3, Class A, 2.11% 9/20/2045 <sup>(b)</sup>  | 420 | 395 |
| Textainer Marine Containers, Ltd., Series 2021-2A, Class B, 2.82% 4/20/2046 <sup>(b)(c)</sup>  | 67 | 62 |
| Tricolor Auto Securitization Trust, Series 2025-1A, Class A, 4.94% 2/15/2029 <sup>(b)(c)</sup>  | 175 | 175 |
| U.S. Bank National Association, Series 2025-SUP1, Class B, 5.582% 2/25/2032 <sup>(b)(c)</sup>  | 219 | 219 |
| United Auto Credit Securitization Trust, Series 2025-1, Class A, 4.80% 6/10/2027 <sup>(b)(c)</sup>  | 138 | 138 |
| Verdant Receivables, LLC, Series 2025-1A, Class A2, 4.85 3/13/2028 <sup>(b)</sup>  | 100 | 100 |
| Verizon Master Trust, Series 2025-3, Class A1A, 4.51% 3/20/2030 (5.26% on 11/20/2027) <sup>(a)(c)</sup>  | 76 | 76 |
| Voya CLO, Ltd., Series 2018-3, Class A1R2, (3-month USD CME Term SOFR + 1.20%) 5.456% <br> 10/15/2031 <sup>(b)(c)(d)</sup>  | 169 | 169 |
| Westlake Automobile Receivables Trust, Series 2025-P1, Class A2, 4.65% 2/15/2028 <sup>(b)</sup>  | 75 | 75 |
| Wingspire Equipment Finance, LLC, Series 2024-1A, Class A2, 4.99% 9/20/2032 <sup>(b)(c)</sup>  | 100 | 100 |
|  |  | 11916 |
| **Mortgage-backed obligations 7.13%** | **Mortgage-backed obligations 7.13%** | **Mortgage-backed obligations 7.13%** |
| **Collateralized mortgage-backed obligations (privately originated) 4.75%** |  |  |
| 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>  | 72 | 73 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class A, 4.00% 8/25/2034 <sup>(b)(c)(d)</sup>  | 65 | 64 |
| COLT Funding, LLC, Series 2023-3, Class A1, 7.18% 9/25/2068 (8.18% on 9/1/2027) <sup>(a)(b)(c)</sup>  | 67 | 68 |
| COLT Funding, LLC, Series 2023-4, Class A1, 7.163% 10/25/2068 (8.163% on 10/1/2027) <sup>(a)(b)(c)</sup>  | 135 | 137 |
| Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1, (30-day Average USD-SOFR + 1.10%) <br> 5.405% 2/25/2044 <sup>(b)(c)(d)</sup>  | 252 | 252 |
| Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1, (30-day Average USD-SOFR + 1.00%) <br> 5.305% 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> 5.455% 2/25/2045 <sup>(b)(c)(d)</sup>  | 179 | 179 |
| Finance of America HECM Buyout, Series 24-HB1, Class A1A, 4.00% 10/1/2034 <sup>(b)(c)(d)</sup>  | 156 | 155 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA2, Class M1A, (30-day Average <br> USD-SOFR + 1.30%) 5.605% 2/25/2042 <sup>(b)(c)(d)</sup>  | 101 | 101 |
| Home Partners of America Trust, Series 2021-2, Class C, 2.402% 12/17/2026 <sup>(b)(c)</sup>  | 144 | 138 |
| New York Mortgage Trust, Series 2022-SP1, Class A1, 5.25% 7/25/2062 (8.25% on 7/1/2025) <sup>(a)(b)(c)</sup>  | 233 | 233 |
| 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>  | 135 | 137 |
| Towd Point Mortgage Trust, Series 2015-5, Class M2, 3.50% 5/25/2055 <sup>(b)(c)(d)</sup>  | 70 | 69 |
| Towd Point Mortgage Trust, Series 2017-4, Class A1, 2.75% 6/25/2057 <sup>(b)(c)(d)</sup>  | 193 | 188 |
| Towd Point Mortgage Trust, Series 2017-3, Class A2, 3.00% 7/25/2057 <sup>(b)(c)(d)</sup>  | 434 | 427 |
| Towd Point Mortgage Trust, Series 2018-2, Class A1, 3.25% 3/25/2058 <sup>(b)(c)(d)</sup>  | 128 | 127 |
| Tricorn American Homes, Series 2020-SFR1, Class B, 2.049% 7/17/2038 <sup>(b)(c)</sup>  | 200 | 194 |
| Verus Securitization Trust, Series 2023-4, Class A1, 5.811% 5/25/2068 (6.811% on 5/1/2027) <sup>(a)(b)(c)</sup>  | 108 | 109 |
|  |  | 2661 |
| **Commercial mortgage-backed securities 2.38%** |  |  |
| AMSR Trust, Series 2021-SFR3, Class B, 1.726% 10/17/2038 <sup>(b)(c)</sup>  | 100 | 96 |
| BX Trust, Series 2021-ARIA, Class A, (1-month USD CME Term SOFR + 1.014%) 5.325% 10/15/2036 <sup>(b)(c)(d)</sup>  | 200 | 200 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 5.302% 2/15/2039 <sup>(b)(c)(d)</sup>  | 130 | 130 |
| CD Commercial Mortgage Trust, Series 2017-CD6, Class A5, 3.456% 11/13/2050 <sup>(c)</sup>  | 19 | 18 |
| CSAIL Commercial Mortgage Trust, Series 2017-CX10, Class A4, 3.1908% 11/15/2050 <sup>(c)</sup>  | 10 | 10 |
| GS Mortgage Securities Trust, Series 2017-GS5, Class A4, 3.674% 3/10/2050 <sup>(c)</sup>  | 202 | 197 |
| GS Mortgage Securities Trust, Series 2017-GS6, Class A3, 3.433% 5/10/2050 <sup>(c)</sup>  | 23 | 22 |

---

---

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

---

------

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)** |
| **Commercial mortgage-backed securities (continued)** |  |  |  |
| 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>  | USD<br> 15<br>| $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>  | 175 | 170 |
| 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>  | 485 | 477 |
|  |  |  | 1335 |
| **Total mortgage-backed obligations** |  |  | 3996 |
| **Total bonds, notes & other debt instruments** (cost: $44,091,000) |  |  | 44236 |
| Short-term securities 19.43% | Weighted <br>average yield <br>at acquisition<br>|  |  |
| **Commercial paper 16.76%** | **Commercial paper 16.76%** | **Commercial paper 16.76%** | **Commercial paper 16.76%** |
| ADP Tax Services, Inc. 7/1/2025 <sup>(b)</sup>  | 4.403<br> %<br>| 843 | 843 |
| DBS Bank, Ltd. 7/24/2025 <sup>(b)</sup>  | 4.457 | 1000 | 997 |
| DNB Bank ASA 9/15/2025 <sup>(b)</sup>  | 4.484 | 1500 | 1486 |
| National Bank of Canada 7/25/2025 <sup>(b)</sup>  | 4.486 | 1500 | 1496 |
| NRW.Bank 8/15/2025 <sup>(b)</sup>  | 4.456 | 1500 | 1492 |
| Oversea-Chinese Banking Corp., Ltd. 8/19/2025 <sup>(b)</sup>  | 4.491 | 1000 | 994 |
| Starbird Funding Corp. 8/12/2025 <sup>(b)</sup>  | 4.539 | 600 | 597 |
| Westpac Banking Corp. 9/19/2025 <sup>(b)</sup>  | 4.465 | 1500 | 1485 |
|  |  |  | 9390 |
| **Bonds & notes of governments & government agencies outside the U.S. 2.67%** | **Bonds & notes of governments & government agencies outside the U.S. 2.67%** | **Bonds & notes of governments & government agencies outside the U.S. 2.67%** | **Bonds & notes of governments & government agencies outside the U.S. 2.67%** |
| KfW 8/7/2025 <sup>(e)</sup>  | 4.441 | 1500 | 1493 |
| **Total short-term securities** (cost: $10,884,000) |  |  | 10883 |
| **Total investment securities** 98.41% (cost: $54,975,000) |  |  | 55119 |

---

---

| | |
|:---|:---|
| Other assets less liabilities 1.59% | 891 |
| **Net assets 100.00%** | $56010 |

---

**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;&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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Short | 33 | 9/30/2025 | USD(6865) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(11)<br>|

---

**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>|
| KfW 8/7/2025  | 5/5/2025 | $1493 | $1493 | 2.68<br> %<br>|

---

---

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

---

------

Capital Group Ultra Short Income ETF (continued)

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

<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 $25,375,000, which represented 45.30% 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. The total value of all such restricted securities was $1,493,000, which represented 2.68% of the net assets of the fund. 

---

| |
|:---|
| **Key to abbreviation(s)** |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| 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 | **156** |

---

------

Capital Group U.S. Multi-Sector Income ETFunaudited

**Investment portfolio** June 30, 2025

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 97.32% | Principal amount<br> (000)<br>| Value<br> (000)<br>|
| **Corporate bonds, notes & loans 69.35%** | **Corporate bonds, notes & loans 69.35%** | **Corporate bonds, notes & loans 69.35%** |
| **Financials 13.52%** |  |  |
| AG TTMT Escrow Issuer, LLC 8.625% 9/30/2027 <sup>(a)</sup>  | USD<br> 1,900<br>| $1969 |
| Alera Group Intermediate Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.50%) 9.824% <br> 5/15/2033 <sup>(b)(c)</sup>  | 2135 | 2180 |
| Alliant Holdings Intermediate, LLC 6.75% 10/15/2027 <sup>(a)</sup>  | 885 | 886 |
| Alliant Holdings Intermediate, LLC 5.875% 11/1/2029 <sup>(a)</sup>  | 3950 | 3897 |
| Alliant Holdings Intermediate, LLC 7.00% 1/15/2031 <sup>(a)</sup>  | 4700 | 4865 |
| Alliant Holdings Intermediate, LLC 6.50% 10/1/2031 <sup>(a)</sup>  | 425 | 433 |
| Alliant Holdings Intermediate, LLC 7.375% 10/1/2032 <sup>(a)</sup>  | 1930 | 1992 |
| Alpha Bank SA 6.875% 6/27/2029 (1-year EUR-ICE Swap EURIBOR + 3.793% on 6/27/2028) <sup>(d)</sup>  | EUR<br> 200<br>| 261 |
| Alpha Bank SA 5.00% 5/12/2030 (1-year EUR-ICE Swap EURIBOR + 2.432% on 5/12/2029) <sup>(d)</sup>  | 100 | 126 |
| Alpha Bank SA 4.25% 6/11/2031 (5-year EUR Mid-Swap + 5.823% on 6/11/2026) <sup>(d)</sup>  | 100 | 120 |
| American International Group, Inc. 5.125% 3/27/2033  | USD<br> 2,556<br>| 2600 |
| American International Group, Inc. 5.45% 5/7/2035  | 3969 | 4072 |
| AmWINS Group, Inc. 6.375% 2/15/2029 <sup>(a)</sup>  | 950 | 969 |
| AmWINS Group, Inc. 4.875% 6/30/2029 <sup>(a)</sup>  | 4372 | 4252 |
| Aon North America, Inc. 5.45% 3/1/2034  | 4751 | 4883 |
| Ardonagh Finco, Ltd. 7.75% 2/15/2031 <sup>(a)</sup>  | 1115 | 1167 |
| Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 <sup>(a)</sup>  | 3636 | 3829 |
| Aretec Group, Inc. 7.50% 4/1/2029 <sup>(a)</sup>  | 5118 | 5185 |
| Aretec Group, Inc. 10.00% 8/15/2030 <sup>(a)</sup>  | 445 | 490 |
| Arthur J. Gallagher & Co. 5.00% 2/15/2032  | 3450 | 3500 |
| Arthur J. Gallagher & Co. 5.15% 2/15/2035  | 6080 | 6086 |
| Arthur J. Gallagher & Co. 5.55% 2/15/2055  | 1100 | 1056 |
| AssuredPartners, Inc. 5.625% 1/15/2029 <sup>(a)</sup>  | 1021 | 1019 |
| AssuredPartners, Inc., Term Loan, (3-month USD CME Term SOFR + 3.50%) 7.827% 2/14/2031 <sup>(b)(c)</sup>  | 407 | 408 |
| Athene Holding, Ltd. 6.625% 5/19/2055  | 2840 | 2929 |
| Banco de Sabadell, SA 5.50% 9/8/2029 (1-year EUR-ICE Swap EURIBOR + 2.40% on 9/8/2028) <sup>(d)</sup>  | EUR<br> 1,100<br>| 1401 |
| Banco de Sabadell, SA 3.375% 2/18/2033 <sup>(d)</sup>  | 1100 | 1287 |
| Bank of America Corp. 5.872% 9/15/2034 (USD-SOFR + 1.84% on 9/15/2033) <sup>(d)</sup>  | USD<br> 2,934<br>| 3097 |
| Bank of America Corp. 5.511% 1/24/2036 (USD-SOFR + 1.31% on 1/24/2035) <sup>(d)</sup>  | 3292 | 3386 |
| Bank of New York Mellon Corp. 5.06% 7/22/2032 (USD-SOFR + 1.23% on 7/22/2031) <sup>(d)</sup>  | 1231 | 1260 |
| 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>(d)</sup>  | 1000 | 983 |
| BBVA Bancomer, SA 7.625% 2/11/2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.375% on <br> 2/11/2030) <sup>(a)(d)</sup>  | 377 | 388 |
| BlackRock Funding, Inc. 5.00% 3/14/2034  | 2111 | 2158 |
| BlackRock Funding, Inc. 5.25% 3/14/2054  | 1767 | 1696 |
| Blackstone Mortgage Trust, Inc. 7.75% 12/1/2029 <sup>(a)</sup>  | 2204 | 2346 |
| Block, Inc. 3.50% 6/1/2031  | 2198 | 2018 |
| Block, Inc. 6.50% 5/15/2032  | 2750 | 2839 |
| BPCE SA 5.936% 5/30/2035 (USD-SOFR + 1.85% on 5/30/2034) <sup>(a)(d)</sup>  | 3300 | 3383 |
| BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) <sup>(a)(d)</sup>  | 7410 | 7785 |
| BPCE SA 6.027% 5/28/2036 (USD-SOFR + 1.956% on 5/28/2035) <sup>(a)(d)</sup>  | 600 | 618 |
| Brown & Brown, Inc. 4.90% 6/23/2030  | 525 | 530 |
| Brown & Brown, Inc. 5.25% 6/23/2032  | 2513 | 2565 |
| Brown & Brown, Inc. 5.55% 6/23/2035  | 5057 | 5159 |
| Brown & Brown, Inc. 6.25% 6/23/2055  | 2596 | 2678 |
| CaixaBank, SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) <sup>(a)(d)</sup>  | 500 | 520 |
| CaixaBank, SA 5.00% 7/19/2029 (3-month EUR-EURIBOR + 1.65% on 7/19/2028) <sup>(d)</sup>  | EUR<br> 1,500<br>| 1877 |
| CaixaBank, SA 4.885% 7/3/2031 (USD-SOFR + 1.36% on 7/3/2030) <sup>(a)(d)</sup>  | USD<br> 850<br>| 854 |
| CaixaBank, SA 4.375% 8/8/2036 (5-year EUR-ICE Swap EURIBOR + 1.95% on 8/8/2031) <sup>(d)</sup>  | EUR<br> 1,500<br>| 1812 |
| CaixaBank, SA 6.84% 9/13/2034 (USD-SOFR + 2.77% on 9/13/2033) <sup>(a)(d)</sup>  | USD<br> 725<br>| 797 |
| CaixaBank, SA 6.037% 6/15/2035 (USD-SOFR + 2.26% on 9/15/2034) <sup>(a)(d)</sup>  | 1380 | 1445 |
| CaixaBank, SA 3.75% 1/27/2036 (3-month EUR-LIBOR + 1.35% on 1/27/2035) <sup>(d)(e)</sup>  | EUR<br> 1,500<br>| 1765 |
| CaixaBank, SA 5.581% 7/3/2036 (USD-SOFR + 1.79% on 7/3/2035) <sup>(a)(d)</sup>  | USD<br> 2,265<br>| 2289 |
| Capital One Financial Corp. 5.468% 2/1/2029 (USD-SOFR + 2.08% on 2/1/2028) <sup>(d)</sup>  | 54 | 55 |
| Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029) <sup>(d)</sup>  | 2501 | 2588 |
| Capital One Financial Corp. 6.377% 6/8/2034 (USD-SOFR + 2.86% on 6/8/2033) <sup>(d)</sup>  | 2973 | 3166 |
| Capital One Financial Corp. 6.051% 2/1/2035 (USD-SOFR + 2.26% on 2/1/2034) <sup>(d)</sup>  | 4674 | 4874 |
| Charles Schwab Corp. (The) 5.853% 5/19/2034 (USD-SOFR + 2.50% on 5/19/2033) <sup>(d)</sup>  | 1292 | 1373 |
| Chubb INA Holdings, LLC 5.00% 3/15/2034  | 6843 | 6975 |
| Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) <sup>(d)</sup>  | 12173 | 12273 |

---

---

| | |
|:---|:---|
| **157** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** |  |  |
| Coinbase Global, Inc. 3.375% 10/1/2028 <sup>(a)</sup>  | USD<br> 3,802<br>| $3567 |
| Coinbase Global, Inc. 3.625% 10/1/2031 <sup>(a)</sup>  | 2917 | 2600 |
| Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 <sup>(a)</sup>  | 4595 | 4128 |
| Compass Group Diversified Holdings, LLC 5.00% 1/15/2032 <sup>(a)</sup>  | 2989 | 2531 |
| Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) <sup>(d)</sup>  | 1200 | 1281 |
| Deutsche Bank AG 4.125% 4/4/2030 (3-month EUR-EURIBOR + 1.50% on 4/4/2029) <sup>(d)</sup>  | EUR<br> 1,500<br>| 1827 |
| Deutsche Bank AG 4.50% 7/12/2035 (3-month EUR-EURIBOR + 1.70% on 7/12/2034) <sup>(d)</sup>  | 1500 | 1842 |
| Deutsche Bank AG 5.403% 9/11/2035 (USD-SOFR + 2.05% on 9/11/2034) <sup>(d)</sup>  | USD<br> 5,375<br>| 5347 |
| Eurobank SA 4.00% 9/24/2030 (1-year EUR Mid-Swap + 2.127% on 9/24/2029) <sup>(d)</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>(d)</sup>  | 900 | 1128 |
| Freedom Mortgage Holdings, LLC 9.25% 2/1/2029 <sup>(a)</sup>  | USD<br> 3,390<br>| 3524 |
| Freedom Mortgage Holdings, LLC 8.375% 4/1/2032 <sup>(a)</sup>  | 3845 | 3889 |
| Goldman Sachs Group, Inc. 5.727% 4/25/2030 (USD-SOFR + 1.265% on 4/25/2029) <sup>(d)</sup>  | 1766 | 1839 |
| Goldman Sachs Group, Inc. 5.218% 4/23/2031 (USD-SOFR + 1.58% on 4/23/2030) <sup>(d)</sup>  | 2530 | 2594 |
| Goldman Sachs Group, Inc. 5.851% 4/25/2035 (USD-SOFR + 1.552% on 4/25/2034) <sup>(d)</sup>  | 5455 | 5723 |
| Goldman Sachs Group, Inc. 5.33% 7/23/2035 (USD-SOFR + 1.55% on 7/23/2034) <sup>(d)</sup>  | 3206 | 3235 |
| Goldman Sachs Group, Inc. 5.536% 1/28/2036 (USD-SOFR + 1.38% on 1/28/2035) <sup>(d)</sup>  | 4759 | 4882 |
| Hightower Holding, LLC 6.75% 4/15/2029 <sup>(a)</sup>  | 2975 | 2967 |
| 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>  | 2475 | 2565 |
| HSBC Holdings PLC 5.45% 3/3/2036 (USD-SOFR + 1.56% on 3/3/2035) <sup>(d)</sup>  | 4708 | 4736 |
| HSBC Holdings PLC 6.332% 3/9/2044 (USD-SOFR + 2.65% on 3/9/2043) <sup>(d)</sup>  | 814 | 874 |
| HUB International, Ltd. 5.625% 12/1/2029 <sup>(a)</sup>  | 1080 | 1081 |
| HUB International, Ltd. 7.25% 6/15/2030 <sup>(a)</sup>  | 2299 | 2404 |
| HUB International, Ltd. 7.375% 1/31/2032 <sup>(a)</sup>  | 2195 | 2298 |
| HUB International, Ltd., Term Loan, (3-month USD CME Term SOFR + 2.50%) 6.769% 6/20/2030 <sup>(b)(c)</sup>  | 41 | 41 |
| IIFL Finance, Ltd. 8.75% 7/24/2028 <sup>(a)</sup>  | 3835 | 3861 |
| 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)(d)</sup>  | 1540 | 1788 |
| Iron Mountain Information Management Services, Inc. 5.00% 7/15/2032 <sup>(a)</sup>  | 6212 | 5966 |
| Jane Street Group, LLC 6.75% 5/1/2033 <sup>(a)</sup>  | 2110 | 2171 |
| JPMorgan Chase & Co. 5.581% 4/22/2030 (USD-SOFR + 1.16% on 4/22/2029) <sup>(d)</sup>  | 278 | 289 |
| JPMorgan Chase & Co. 4.995% 7/22/2030 (USD-SOFR + 1.125% on 7/22/2029) <sup>(d)</sup>  | 2230 | 2271 |
| JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) <sup>(d)</sup>  | 925 | 928 |
| JPMorgan Chase & Co. 5.103% 4/22/2031 (USD-SOFR + 1.435% on 4/22/2030) <sup>(d)</sup>  | 2060 | 2112 |
| JPMorgan Chase & Co. 5.572% 4/22/2036 (USD-SOFR + 1.68% on 4/22/2035) <sup>(d)</sup>  | 4919 | 5100 |
| 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>(d)</sup>  | 2360 | 2299 |
| LPL Holdings, Inc. 4.00% 3/15/2029 <sup>(a)</sup>  | 385 | 374 |
| Manappuram Finance, Ltd. 7.375% 5/12/2028  | 1250 | 1267 |
| Marsh & McLennan Cos., Inc. 4.65% 3/15/2030  | 180 | 182 |
| Marsh & McLennan Cos., Inc. 4.85% 11/15/2031  | 290 | 295 |
| Marsh & McLennan Cos., Inc. 5.00% 3/15/2035  | 9540 | 9542 |
| Marsh & McLennan Cos., Inc. 5.40% 3/15/2055  | 2974 | 2869 |
| Mastercard, Inc. 4.95% 3/15/2032  | 500 | 515 |
| Mastercard, Inc. 4.875% 5/9/2034  | 556 | 563 |
| Mastercard, Inc. 4.55% 1/15/2035  | 3921 | 3858 |
| Morgan Stanley 5.25% 4/21/2034 (USD-SOFR + 1.87% on 4/21/2033) <sup>(d)</sup>  | 402 | 409 |
| Morgan Stanley 5.424% 7/21/2034 (USD-SOFR + 1.88% on 7/21/2033) <sup>(d)</sup>  | 514 | 527 |
| Morgan Stanley 5.831% 4/19/2035 (USD-SOFR + 1.58% on 4/19/2034) <sup>(d)</sup>  | 1980 | 2075 |
| Morgan Stanley 5.32% 7/19/2035 (USD-SOFR + 1.555% on 7/19/2034) <sup>(d)</sup>  | 1491 | 1510 |
| Morgan Stanley 5.587% 1/18/2036 (USD-SOFR + 1.418% on 1/18/2035) <sup>(d)</sup>  | 7726 | 7934 |
| 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>(d)</sup>  | 200 | 205 |
| Morgan Stanley 5.516% 11/19/2055 (USD-SOFR + 1.71% on 11/19/2054) <sup>(d)</sup>  | 731 | 715 |
| Navient Corp. 4.875% 3/15/2028  | 1000 | 987 |
| Navient Corp. 9.375% 7/25/2030  | 913 | 1008 |
| Navient Corp. 11.50% 3/15/2031  | 1811 | 2053 |
| Navient Corp. 7.875% 6/15/2032  | 2060 | 2145 |
| Navient Corp. 5.625% 8/1/2033  | 9547 | 8787 |
| OneMain Finance Corp. 7.50% 5/15/2031  | 8725 | 9123 |
| OneMain Finance Corp. 7.125% 11/15/2031  | 4704 | 4897 |

---

---

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

---

------

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Financials (continued)** |  |  |
| OneMain Finance Corp. 7.125% 9/15/2032  | USD<br> 3,095<br>| $3208 |
| Osaic Holdings, Inc. 10.75% 8/1/2027 <sup>(a)</sup>  | 500 | 502 |
| Oxford Finance, LLC 6.375% 2/1/2027 <sup>(a)</sup>  | 235 | 236 |
| PennyMac Financial Services, Inc. 6.875% 5/15/2032 <sup>(a)</sup>  | 1245 | 1274 |
| Piraeus Bank SA 6.75% 12/5/2029 (1-year EUR Mid-Swap + 3.837% on 12/5/2028) <sup>(d)</sup>  | EUR<br> 150<br>| 196 |
| Piraeus Bank SA 5.00% 4/16/2030 (1-year EUR-ICE Swap EURIBOR + 2.245% on 4/16/2029) <sup>(d)</sup>  | 850 | 1062 |
| PNC Financial Services Group, Inc. 6.875% 10/20/2034 (USD-SOFR + 2.284% on 10/20/2033) <sup>(d)</sup>  | USD<br> 3,304<br>| 3695 |
| PNC Financial Services Group, Inc. 5.676% 1/22/2035 (USD-SOFR + 1.902% on 1/22/2034) <sup>(d)</sup>  | 6207 | 6451 |
| PNC Financial Services Group, Inc. 5.401% 7/23/2035 (USD-SOFR + 1.599% on 7/23/2034) <sup>(d)</sup>  | 5465 | 5567 |
| PNC Financial Services Group, Inc. 5.575% 1/29/2036 (USD-SOFR + 1.394% on 1/29/2035) <sup>(d)</sup>  | 1503 | 1550 |
| Power Finance Corp., Ltd. 3.35% 5/16/2031  | 450 | 414 |
| RenaissanceRe Holdings, Ltd. 5.80% 4/1/2035  | 1164 | 1197 |
| Royal Bank of Canada 4.65% 10/18/2030 (USD-SOFR + 1.08% on 10/18/2029) <sup>(d)</sup>  | 3142 | 3148 |
| Ryan Specialty Group, LLC 4.375% 2/1/2030 <sup>(a)</sup>  | 445 | 431 |
| Ryan Specialty, LLC 5.875% 8/1/2032 <sup>(a)</sup>  | 1085 | 1094 |
| State Street Corp. 5.159% 5/18/2034 (USD-SOFR + 1.89% on 5/18/2033) <sup>(d)</sup>  | 601 | 614 |
| Synchrony Financial 5.45% 3/6/2031 (USD-SOFR + 1.68% on 3/6/2030) <sup>(d)</sup>  | 1583 | 1597 |
| Synchrony Financial 7.25% 2/2/2033  | 6643 | 6954 |
| Truist Financial Corp. 5.071% 5/20/2031 (USD-SOFR + 1.309% on 5/20/2030) <sup>(d)</sup>  | 763 | 775 |
| Truist Financial Corp. 5.153% 8/5/2032 (USD-SOFR + 1.571% on 8/5/2031) <sup>(d)</sup>  | 3137 | 3199 |
| Truist Financial Corp. 5.867% 6/8/2034 (USD-SOFR + 2.361% on 6/8/2033) <sup>(d)</sup>  | 4154 | 4341 |
| Truist Financial Corp. 5.711% 1/24/2035 (USD-SOFR + 1.922% on 1/24/2034) <sup>(d)</sup>  | 5765 | 5978 |
| Truist Insurance Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.046% 5/6/2032 <sup>(b)(c)</sup>  | 811 | 822 |
| U.S. Bancorp 5.85% 10/21/2033 (USD-SOFR + 2.09% on 10/21/2032) <sup>(d)</sup>  | 200 | 210 |
| U.S. Bancorp 5.836% 6/12/2034 (USD-SOFR + 2.26% on 6/10/2033) <sup>(d)</sup>  | 25 | 26 |
| U.S. Bancorp 5.678% 1/23/2035 (USD-SOFR + 1.86% on 1/23/2034) <sup>(d)</sup>  | 5146 | 5344 |
| U.S. Bancorp 5.424% 2/12/2036 (USD-SOFR + 1.411% on 2/12/2035) <sup>(d)</sup>  | 5700 | 5811 |
| UBS Group AG 2.125% 10/13/2026 (1-year EUR Mid-Swap + 1.60% on 10/13/2025) <sup>(d)</sup>  | EUR<br> 1,470<br>| 1731 |
| UBS Group AG 3.091% 5/14/2032 (USD-SOFR + 1.73% on 5/14/2031) <sup>(a)(d)</sup>  | USD<br> 1,404<br>| 1275 |
| 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)(d)</sup>  | 2630 | 2826 |
| USI, Inc. 7.50% 1/15/2032 <sup>(a)</sup>  | 270 | 285 |
| Voyager Parent, LLC 9.25% 7/1/2032 <sup>(a)</sup>  | 3250 | 3383 |
| Wells Fargo & Co. 5.707% 4/22/2028 (USD-SOFR + 1.07% on 4/22/2027) <sup>(d)</sup>  | 250 | 256 |
| Wells Fargo & Co. 2.39% 6/2/2028 (USD-SOFR + 2.10% on 6/2/2027) <sup>(d)</sup>  | 25 | 24 |
| Wells Fargo & Co. 5.15% 4/23/2031 (USD-SOFR + 1.50% on 4/23/2030) <sup>(d)</sup>  | 1100 | 1127 |
| Wells Fargo & Co. 3.90% 7/22/2032 (3-month EUR-EURIBOR + 1.22% on 7/22/2031) <sup>(d)(f)</sup>  | EUR<br> 1,470<br>| 1785 |
| Wells Fargo & Co. 5.211% 12/3/2035 (USD-SOFR + 1.38% on 12/3/2034) <sup>(d)</sup>  | USD<br> 302<br>| 303 |
| Wells Fargo & Co. 5.605% 4/23/2036 (USD-SOFR + 1.74% on 4/23/2035) <sup>(d)</sup>  | 4270 | 4409 |
|  |  | 386376 |
| **Energy 10.74%** |  |  |
| 3R Lux SARL 9.75% 2/5/2031 <sup>(a)</sup>  | 1798 | 1820 |
| APA Corp. 5.25% 2/1/2042 <sup>(a)</sup>  | 1188 | 951 |
| Ascent Resources Utica Holdings, LLC 5.875% 6/30/2029 <sup>(a)</sup>  | 750 | 752 |
| Ascent Resources Utica Holdings, LLC 6.625% 10/15/2032 <sup>(a)</sup>  | 460 | 468 |
| Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 <sup>(a)</sup>  | 1565 | 1589 |
| Baytex Energy Corp. 8.50% 4/30/2030 <sup>(a)</sup>  | 3030 | 3034 |
| Baytex Energy Corp. 7.375% 3/15/2032 <sup>(a)</sup>  | 3060 | 2924 |
| Blue Racer Midstream, LLC 7.00% 7/15/2029 <sup>(a)</sup>  | 605 | 632 |
| Borr IHC, Ltd. 10.00% 11/15/2028 <sup>(a)</sup>  | 3287 | 3005 |
| Borr IHC, Ltd. 10.375% 11/15/2030 <sup>(a)</sup>  | 2735 | 2421 |
| California Resources Corp. 7.125% 2/1/2026 <sup>(a)</sup>  | 120 | 121 |
| CITGO Petroleum Corp. 8.375% 1/15/2029 <sup>(a)</sup>  | 555 | 579 |
| Civitas Resources, Inc. 8.375% 7/1/2028 <sup>(a)</sup>  | 1807 | 1852 |
| Civitas Resources, Inc. 8.625% 11/1/2030 <sup>(a)</sup>  | 5268 | 5353 |
| Civitas Resources, Inc. 8.75% 7/1/2031 <sup>(a)</sup>  | 5798 | 5870 |
| Civitas Resources, Inc. 9.625% 6/15/2033 <sup>(a)</sup>  | 190 | 195 |
| CNX Resources Corp. 7.375% 1/15/2031 <sup>(a)</sup>  | 4044 | 4221 |
| CNX Resources Corp. 7.25% 3/1/2032 <sup>(a)</sup>  | 4852 | 5027 |

---

---

| | |
|:---|:---|
| **159** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Energy (continued)** |  |  |
| Comstock Resources, Inc. 6.75% 3/1/2029 <sup>(a)</sup>  | USD<br> 2,104<br>| $2110 |
| Comstock Resources, Inc. 5.875% 1/15/2030 <sup>(a)</sup>  | 4180 | 4064 |
| ConocoPhillips Co. 5.55% 3/15/2054  | 2815 | 2693 |
| ConocoPhillips Co. 5.50% 1/15/2055  | 2550 | 2422 |
| Constellation Oil Services Holding SA 9.375% 11/7/2029 <sup>(a)</sup>  | 6050 | 6162 |
| Crescent Energy Finance, LLC 9.25% 2/15/2028 <sup>(a)</sup>  | 2106 | 2197 |
| Crescent Energy Finance, LLC 7.625% 4/1/2032 <sup>(a)</sup>  | 4780 | 4671 |
| Crescent Energy Finance, LLC 7.375% 1/15/2033 <sup>(a)</sup>  | 4469 | 4276 |
| Crescent Energy Finance, LLC 8.375% 1/15/2034 <sup>(a)</sup>  | 470 | 471 |
| Devon Energy Corp. 5.75% 9/15/2054  | 4030 | 3631 |
| Diamondback Energy, Inc. 5.15% 1/30/2030  | 313 | 320 |
| Diamondback Energy, Inc. 5.40% 4/18/2034  | 3631 | 3643 |
| Diamondback Energy, Inc. 5.55% 4/1/2035  | 1842 | 1863 |
| Diamondback Energy, Inc. 5.75% 4/18/2054  | 3692 | 3431 |
| Diamondback Energy, Inc. 5.90% 4/18/2064  | 1211 | 1122 |
| DT Midstream, Inc. 4.375% 6/15/2031 <sup>(a)</sup>  | 750 | 719 |
| Ecopetrol SA 7.75% 2/1/2032  | 4050 | 3983 |
| Ecopetrol SA 8.875% 1/13/2033  | 2835 | 2927 |
| Ecopetrol SA 8.375% 1/19/2036  | 4365 | 4214 |
| Encino Acquisition Partners Holdings, LLC 8.75% 5/1/2031 <sup>(a)</sup>  | 3155 | 3487 |
| Energean Israel Finance, Ltd. 5.875% 3/30/2031 <sup>(a)</sup>  | 685 | 633 |
| Eni SpA 5.50% 5/15/2034 <sup>(a)</sup>  | 2150 | 2168 |
| Eni SpA 5.75% 5/19/2035 <sup>(a)</sup>  | 3844 | 3934 |
| Eni SpA 5.95% 5/15/2054 <sup>(a)</sup>  | 4309 | 4173 |
| EOG Resources, Inc. 4.40% 7/15/2028  | 205 | 206 |
| EOG Resources, Inc. 5.65% 12/1/2054  | 4376 | 4276 |
| EOG Resources, Inc. 5.95% 7/15/2055  | 500 | 510 |
| EQT Corp. 4.75% 1/15/2031 <sup>(a)</sup>  | 3356 | 3305 |
| Expand Energy Corp. 5.875% 2/1/2029 <sup>(a)</sup>  | 218 | 219 |
| Expand Energy Corp. 4.75% 2/1/2032  | 285 | 277 |
| Exxon Mobil Corp. 3.452% 4/15/2051  | 2785 | 1976 |
| Genesis Energy, LP 8.25% 1/15/2029  | 1895 | 1983 |
| Genesis Energy, LP 8.875% 4/15/2030  | 3270 | 3475 |
| Genesis Energy, LP 7.875% 5/15/2032  | 1790 | 1863 |
| GeoPark, Ltd. 8.75% 1/31/2030 <sup>(a)</sup>  | 4050 | 3567 |
| Global Partners, LP 8.25% 1/15/2032 <sup>(a)</sup>  | 2595 | 2731 |
| Gulfport Energy Operating Corp. 6.75% 9/1/2029 <sup>(a)</sup>  | 520 | 534 |
| Harvest Midstream I, LP 7.50% 9/1/2028 <sup>(a)</sup>  | 875 | 890 |
| Harvest Midstream I, LP 7.50% 5/15/2032 <sup>(a)</sup>  | 1734 | 1833 |
| Hess Midstream Operations, LP 5.875% 3/1/2028 <sup>(a)</sup>  | 1140 | 1158 |
| Hilcorp Energy I, LP 6.00% 4/15/2030 <sup>(a)</sup>  | 900 | 876 |
| Hilcorp Energy I, LP 6.25% 4/15/2032 <sup>(a)</sup>  | 5001 | 4780 |
| Hilcorp Energy I, LP 8.375% 11/1/2033 <sup>(a)</sup>  | 3570 | 3707 |
| Kimmeridge Texas Gas, LLC 8.50% 2/15/2030 <sup>(a)</sup>  | 685 | 709 |
| Kinetik Holdings, LP 6.625% 12/15/2028 <sup>(a)</sup>  | 200 | 205 |
| Kraken Oil & Gas Partners, LLC 7.625% 8/15/2029 <sup>(a)</sup>  | 2780 | 2733 |
| Leviathan Bond, Ltd. 6.75% 6/30/2030 <sup>(a)</sup>  | 980 | 969 |
| Matador Resources Co. 6.25% 4/15/2033 <sup>(a)</sup>  | 2090 | 2080 |
| MEG Energy Corp. 5.875% 2/1/2029 <sup>(a)</sup>  | 105 | 105 |
| Murphy Oil Corp. 6.00% 10/1/2032  | 4015 | 3832 |
| Nabors Industries, Inc. 7.375% 5/15/2027 <sup>(a)</sup>  | 1800 | 1779 |
| Nabors Industries, Inc. 9.125% 1/31/2030 <sup>(a)</sup>  | 4085 | 3915 |
| NFE Financing, LLC 12.00% 11/15/2029 <sup>(a)</sup>  | 23687 | 10773 |
| NGL Energy Operating, LLC 8.125% 2/15/2029 <sup>(a)</sup>  | 1530 | 1547 |
| NGL Energy Operating, LLC 8.375% 2/15/2032 <sup>(a)</sup>  | 2370 | 2379 |
| Noble Finance II, LLC 8.00% 4/15/2030 <sup>(a)</sup>  | 5835 | 5946 |
| Northern Oil and Gas, Inc. 8.125% 3/1/2028 <sup>(a)</sup>  | 2800 | 2827 |
| Northern Oil and Gas, Inc. 8.75% 6/15/2031 <sup>(a)</sup>  | 4691 | 4840 |
| Occidental Petroleum Corp. 5.55% 10/1/2034  | 6670 | 6549 |
| Permian Resources Operating, LLC 8.00% 4/15/2027 <sup>(a)</sup>  | 162 | 166 |
| Permian Resources Operating, LLC 5.875% 7/1/2029 <sup>(a)</sup>  | 830 | 834 |
| Permian Resources Operating, LLC 9.875% 7/15/2031 <sup>(a)</sup>  | 1135 | 1244 |

---

---

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

---

------

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Energy (continued)** |  |  |
| Permian Resources Operating, LLC 7.00% 1/15/2032 <sup>(a)</sup>  | USD<br> 4,300<br>| $4460 |
| Permian Resources Operating, LLC 6.25% 2/1/2033 <sup>(a)</sup>  | 1260 | 1272 |
| Petroleos Mexicanos 4.50% 1/23/2026  | 166 | 164 |
| Petroleos Mexicanos 6.875% 8/4/2026  | 542 | 542 |
| Petroleos Mexicanos 6.49% 1/23/2027  | 4098 | 4080 |
| Petroleos Mexicanos 6.50% 3/13/2027  | 800 | 795 |
| Petroleos Mexicanos 6.50% 1/23/2029  | 500 | 490 |
| Petroleos Mexicanos 5.95% 1/28/2031  | 2663 | 2410 |
| Petroleos Mexicanos 6.70% 2/16/2032  | 4514 | 4198 |
| Petroleos Mexicanos 10.00% 2/7/2033  | 2365 | 2533 |
| Petroleos Mexicanos 6.50% 6/2/2041  | 44 | 33 |
| Petroleos Mexicanos 6.375% 1/23/2045  | 24 | 17 |
| Petroleos Mexicanos 6.75% 9/21/2047  | 131 | 95 |
| Petroleos Mexicanos 6.35% 2/12/2048  | 33 | 23 |
| Petroleos Mexicanos 7.69% 1/23/2050  | 314 | 247 |
| Petroleos Mexicanos 6.95% 1/28/2060  | 4363 | 3138 |
| Pluspetrol SA 8.50% 5/30/2032 <sup>(a)</sup>  | 2605 | 2634 |
| Raizen Fuels Finance SA 6.70% 2/25/2037 <sup>(a)</sup>  | 2115 | 2078 |
| Range Resources Corp. 4.75% 2/15/2030 <sup>(a)</sup>  | 320 | 311 |
| Saturn Oil & Gas, Inc. 9.625% 6/15/2029 <sup>(a)</sup>  | 427 | 425 |
| Saudi Arabian Oil Co. 5.75% 7/17/2054 <sup>(a)</sup>  | 2425 | 2279 |
| Shell International Finance BV 3.00% 11/26/2051  | 1650 | 1063 |
| Summit Midstream Holdings, LLC 8.625% 10/31/2029 <sup>(a)</sup>  | 3463 | 3546 |
| Sunoco, LP 7.00% 5/1/2029 <sup>(a)</sup>  | 850 | 886 |
| Sunoco, LP 4.50% 5/15/2029  | 2051 | 1993 |
| Sunoco, LP 7.25% 5/1/2032 <sup>(a)</sup>  | 4449 | 4674 |
| Sunoco, LP 6.25% 7/1/2033 <sup>(a)</sup>  | 350 | 356 |
| Superior Plus, LP 4.50% 3/15/2029 <sup>(a)</sup>  | 50 | 48 |
| Talos Production, Inc. 9.00% 2/1/2029 <sup>(a)</sup>  | 1275 | 1306 |
| Talos Production, Inc. 9.375% 2/1/2031 <sup>(a)</sup>  | 1920 | 1962 |
| Targa Resources Corp. 5.65% 2/15/2036  | 2005 | 2025 |
| Tidewater, Inc. 9.125% 7/15/2030 <sup>(a)</sup>  | 670 | 690 |
| TotalEnergies Capital International SA 3.127% 5/29/2050  | 5650 | 3731 |
| TotalEnergies Capital SA 4.724% 9/10/2034  | 1082 | 1076 |
| Transocean Aquila, Ltd. 8.00% 9/30/2028 <sup>(a)</sup>  | 3362 | 3397 |
| Transocean Poseidon, Ltd. 6.875% 2/1/2027 <sup>(a)</sup>  | 180 | 180 |
| Transocean Titan Financing, Ltd. 8.375% 2/1/2028 <sup>(a)</sup>  | 766 | 779 |
| Transocean, Inc. 8.00% 2/1/2027 <sup>(a)</sup>  | 361 | 356 |
| Transocean, Inc. 8.25% 5/15/2029 <sup>(a)</sup>  | 850 | 786 |
| Transocean, Inc. 8.75% 2/15/2030 <sup>(a)</sup>  | 4586 | 4719 |
| Transocean, Inc. 8.50% 5/15/2031 <sup>(a)</sup>  | 2600 | 2323 |
| Transocean, Inc. 6.80% 3/15/2038  | 2650 | 1866 |
| Transportadora de Gas del Sur SA 8.50% 7/24/2031 <sup>(a)</sup>  | 810 | 851 |
| USA Compression Partners, LP 7.125% 3/15/2029 <sup>(a)</sup>  | 2102 | 2156 |
| Venture Global Calcasieu Pass, LLC 6.25% 1/15/2030 <sup>(a)</sup>  | 4584 | 4731 |
| Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 <sup>(a)</sup>  | 2567 | 2378 |
| Venture Global LNG, Inc. 7.00% 1/15/2030 <sup>(a)</sup>  | 1825 | 1846 |
| Venture Global LNG, Inc. 8.375% 6/1/2031 <sup>(a)</sup>  | 3785 | 3934 |
| Venture Global LNG, Inc. 9.875% 2/1/2032 <sup>(a)</sup>  | 1079 | 1166 |
| Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 <sup>(a)</sup>  | 200 | 214 |
| Venture Global Plaquemines LNG, LLC 6.625% 1/31/2034 <sup>(a)</sup>  | 1000 | 1000 |
| Venture Global Plaquemines LNG, LLC 7.75% 5/1/2035 <sup>(a)</sup>  | 2015 | 2183 |
| Venture Global Plaquemines LNG, LLC 6.875% 1/31/2036 <sup>(a)</sup>  | 905 | 905 |
| Vista Energy Argentina SAU 8.50% 6/10/2033 <sup>(a)</sup>  | 2000 | 2024 |
| Vista Energy Argentina SAU 7.625% 12/10/2035 <sup>(a)</sup>  | 4660 | 4524 |
| Vital Energy, Inc. 7.875% 4/15/2032 <sup>(a)</sup>  | 3160 | 2704 |
| Wildfire Intermediate Holdings, LLC 7.50% 10/15/2029 <sup>(a)</sup>  | 4455 | 4437 |
|  |  | 306765 |

---

---

| | |
|:---|:---|
| **161** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Health care 7.45%** |  |  |
| 1261229 B.C., Ltd. 10.00% 4/15/2032 <sup>(a)</sup>  | USD<br> 2,250<br>| $2271 |
| AbbVie, Inc. 4.80% 3/15/2029  | 750 | 765 |
| AbbVie, Inc. 5.05% 3/15/2034  | 8071 | 8221 |
| AbbVie, Inc. 5.35% 3/15/2044  | 350 | 343 |
| AbbVie, Inc. 5.40% 3/15/2054  | 10827 | 10535 |
| AbbVie, Inc. 5.50% 3/15/2064  | 2527 | 2453 |
| AdaptHealth, LLC 6.125% 8/1/2028 <sup>(a)</sup>  | 265 | 266 |
| AdaptHealth, LLC 4.625% 8/1/2029 <sup>(a)</sup>  | 1889 | 1782 |
| AdaptHealth, LLC 5.125% 3/1/2030 <sup>(a)</sup>  | 1309 | 1245 |
| Amgen, Inc. 4.20% 3/1/2033  | 5245 | 5037 |
| Amgen, Inc. 5.25% 3/2/2033  | 5413 | 5545 |
| Amgen, Inc. 3.00% 1/15/2052  | 3950 | 2538 |
| Amgen, Inc. 5.65% 3/2/2053  | 9816 | 9591 |
| Amgen, Inc. 5.75% 3/2/2063  | 2250 | 2189 |
| AstraZeneca Finance, LLC 5.00% 2/26/2034  | 1505 | 1535 |
| Avantor Funding, Inc. 3.875% 11/1/2029 <sup>(a)</sup>  | 941 | 892 |
| Bausch Health Americas, Inc. 8.50% 1/31/2027 <sup>(a)</sup>  | 1865 | 1778 |
| Baxter International, Inc. 3.132% 12/1/2051  | 1475 | 943 |
| Bayer US Finance, LLC 6.50% 11/21/2033 <sup>(a)</sup>  | 2979 | 3195 |
| Bayer US Finance, LLC 6.875% 11/21/2053 <sup>(a)</sup>  | 3010 | 3199 |
| Biocon Biologics Global PLC 6.67% 10/9/2029 <sup>(a)</sup>  | 200 | 190 |
| Bristol-Myers Squibb Co. 5.20% 2/22/2034  | 427 | 437 |
| Bristol-Myers Squibb Co. 5.50% 2/22/2044  | 225 | 223 |
| Bristol-Myers Squibb Co. 6.25% 11/15/2053  | 3652 | 3917 |
| Bristol-Myers Squibb Co. 5.55% 2/22/2054  | 6811 | 6649 |
| Bristol-Myers Squibb Co. 6.40% 11/15/2063  | 666 | 722 |
| Bristol-Myers Squibb Co. 5.65% 2/22/2064  | 725 | 705 |
| CHS / Community Health Systems, Inc. 5.625% 3/15/2027 <sup>(a)</sup>  | 2255 | 2223 |
| CHS / Community Health Systems, Inc. 5.25% 5/15/2030 <sup>(a)</sup>  | 295 | 262 |
| CHS / Community Health Systems, Inc. 10.875% 1/15/2032 <sup>(a)</sup>  | 370 | 393 |
| CVS Health Corp. 6.00% 6/1/2044  | 750 | 742 |
| CVS Health Corp. 5.875% 6/1/2053  | 4059 | 3881 |
| CVS Health Corp. 6.05% 6/1/2054  | 7289 | 7149 |
| CVS Health Corp. 6.00% 6/1/2063  | 838 | 802 |
| DaVita, Inc. 6.875% 9/1/2032 <sup>(a)</sup>  | 3055 | 3167 |
| DaVita, Inc. 6.75% 7/15/2033 <sup>(a)</sup>  | 3705 | 3828 |
| Eli Lilly and Co. 5.10% 2/12/2035  | 1952 | 2001 |
| Endo Finance Holdings, Inc. 8.50% 4/15/2031 <sup>(a)</sup>  | 4301 | 4558 |
| Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.00%) 8.327% 4/23/2031 <sup>(b)(c)</sup>  | 918 | 918 |
| Gilead Sciences, Inc. 5.25% 10/15/2033  | 2219 | 2296 |
| Gilead Sciences, Inc. 5.10% 6/15/2035  | 4145 | 4200 |
| Gilead Sciences, Inc. 5.55% 10/15/2053  | 658 | 650 |
| Grifols, SA 7.50% 5/1/2030  | EUR<br> 1,700<br>| 2100 |
| Humana, Inc. 5.95% 3/15/2034  | USD<br> 200<br>| 208 |
| Humana, Inc. 5.75% 4/15/2054  | 3857 | 3596 |
| Humana, Inc. 6.00% 5/1/2055  | 500 | 482 |
| IQVIA, Inc. 6.25% 6/1/2032 <sup>(a)</sup>  | 2160 | 2219 |
| Johnson & Johnson 4.85% 3/1/2032  | 750 | 772 |
| Johnson & Johnson 5.00% 3/1/2035  | 1100 | 1128 |
| Johnson & Johnson 5.25% 6/1/2054  | 450 | 447 |
| Medline Borrower, LP 5.25% 10/1/2029 <sup>(a)</sup>  | 4150 | 4121 |
| Molina Healthcare, Inc. 6.25% 1/15/2033 <sup>(a)</sup>  | 1608 | 1638 |
| Owens & Minor, Inc. 4.50% 3/31/2029 <sup>(a)</sup>  | 1675 | 1503 |
| Owens & Minor, Inc. 6.25% 4/1/2030 <sup>(a)</sup>  | 9585 | 9013 |
| Perrigo Finance Unlimited Co. 6.125% 9/30/2032  | 1895 | 1914 |
| Pfizer Investment Enterprises Pte., Ltd. 5.11% 5/19/2043  | 300 | 286 |
| Pfizer Investment Enterprises Pte., Ltd. 5.30% 5/19/2053  | 4983 | 4708 |
| Radiology Partners, Inc. 9.781% PIK 2/15/2030 <sup>(a)(g)</sup>  | 4073 | 4007 |
| Radiology Partners, Inc. 8.50% 7/15/2032 <sup>(a)</sup>  | 825 | 828 |
| Radiology Partners, Inc., Term Loan B, (3-month USD CME Term SOFR + 3.50%) 1.50% PIK and 6.591% Cash <br> 1/31/2029 <sup>(b)(c)(g)</sup>  | 90 | 90 |
| Roche Holdings, Inc. 4.985% 3/8/2034 <sup>(a)</sup>  | 1516 | 1546 |

---

---

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

---

------

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Health care (continued)** |  |  |
| Sterigenics-Nordion Holdings, LLC 7.375% 6/1/2031 <sup>(a)</sup>  | USD<br> 3,755<br>| $3912 |
| Surgery Center Holdings, Inc. 7.25% 4/15/2032 <sup>(a)</sup>  | 1390 | 1418 |
| Takeda U.S. Financing, Inc. 5.20% 7/7/2035  | 9523 | 9528 |
| Takeda U.S. Financing, Inc. 5.90% 7/7/2055  | 1897 | 1908 |
| Tenet Healthcare Corp. 6.75% 5/15/2031  | 710 | 735 |
| Teva Pharmaceutical Finance Netherlands III BV 6.75% 3/1/2028  | 3865 | 4016 |
| Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029  | 3905 | 3930 |
| Teva Pharmaceutical Finance Netherlands III BV 7.875% 9/15/2029  | 2422 | 2645 |
| Teva Pharmaceutical Finance Netherlands III BV 8.125% 9/15/2031  | 2832 | 3210 |
| Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032  | 2360 | 2412 |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  | 3745 | 3815 |
| UnitedHealth Group, Inc. 5.00% 4/15/2034  | 2910 | 2910 |
| UnitedHealth Group, Inc. 5.15% 7/15/2034  | 1835 | 1854 |
| UnitedHealth Group, Inc. 5.30% 6/15/2035  | 6018 | 6136 |
| UnitedHealth Group, Inc. 5.50% 7/15/2044  | 1775 | 1730 |
| UnitedHealth Group, Inc. 2.90% 5/15/2050  | 394 | 245 |
| UnitedHealth Group, Inc. 5.95% 6/15/2055  | 3242 | 3295 |
| Viatris, Inc. 4.00% 6/22/2050  | 6616 | 4410 |
|  |  | 212951 |
| **Consumer discretionary 6.02%** |  |  |
| Advance Auto Parts, Inc. 3.90% 4/15/2030  | 8186 | 7677 |
| Advance Auto Parts, Inc. 3.50% 3/15/2032  | 5991 | 5250 |
| Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 5.614%) 9.935% <br> 3/11/2030 <sup>(b)(c)(h)</sup>  | 204 | 204 |
| Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 7.614%) 6.00% PIK and 5.947% <br> Cash 3/11/2030 <sup>(b)(c)(g)(h)</sup>  | 187 | 187 |
| Allied Universal Holdco, LLC 4.625% 6/1/2028 <sup>(a)</sup>  | 1219 | 1184 |
| Allied Universal Holdco, LLC 6.00% 6/1/2029 <sup>(a)</sup>  | 635 | 618 |
| Allied Universal Holdco, LLC 6.875% 6/15/2030 <sup>(a)</sup>  | 6505 | 6599 |
| Allwyn Entertainment Financing (UK) PLC 7.875% 4/30/2029 <sup>(a)</sup>  | 875 | 914 |
| Asbury Automotive Group, Inc. 4.625% 11/15/2029 <sup>(a)</sup>  | 5215 | 5039 |
| AutoNation, Inc. 5.89% 3/15/2035  | 6090 | 6181 |
| Bath & Body Works, Inc. 6.875% 11/1/2035  | 740 | 769 |
| Bath & Body Works, Inc. 6.75% 7/1/2036  | 1000 | 1018 |
| Boyd Gaming Corp. 4.75% 12/1/2027  | 1020 | 1014 |
| Boyne USA, Inc. 4.75% 5/15/2029 <sup>(a)</sup>  | 1010 | 981 |
| Caesars Entertainment, Inc. 4.625% 10/15/2029 <sup>(a)</sup>  | 3000 | 2866 |
| 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 | 6914 |
| Carnival Corp. 6.00% 5/1/2029 <sup>(a)</sup>  | 3118 | 3153 |
| Carnival Corp. 7.00% 8/15/2029 <sup>(a)</sup>  | 575 | 606 |
| Carnival Corp. 5.75% 3/15/2030 <sup>(a)</sup>  | 6630 | 6747 |
| Carnival Corp. 6.125% 2/15/2033 <sup>(a)</sup>  | 5585 | 5718 |
| Clarios Global, LP 8.50% 5/15/2027 <sup>(a)</sup>  | 351 | 353 |
| Cougar JV Subsidiary, LLC 8.00% 5/15/2032 <sup>(a)</sup>  | 1685 | 1798 |
| Fertitta Entertainment, LLC 4.625% 1/15/2029 <sup>(a)</sup>  | 2715 | 2602 |
| First Student Bidco, Inc. 4.00% 7/31/2029 <sup>(a)</sup>  | 3747 | 3525 |
| Ford Motor Co. 7.45% 7/16/2031  | 375 | 406 |
| Ford Motor Co. 5.291% 12/8/2046  | 511 | 413 |
| Ford Motor Credit Co., LLC 2.70% 8/10/2026  | 100 | 97 |
| Ford Motor Credit Co., LLC 5.85% 5/17/2027  | 699 | 705 |
| Ford Motor Credit Co., LLC 4.95% 5/28/2027  | 350 | 348 |
| Ford Motor Credit Co., LLC 3.815% 11/2/2027  | 607 | 586 |
| Ford Motor Credit Co., LLC 5.918% 3/20/2028  | 1464 | 1479 |
| Ford Motor Credit Co., LLC 6.798% 11/7/2028  | 1050 | 1088 |
| Ford Motor Credit Co., LLC 7.20% 6/10/2030  | 500 | 526 |
| Ford Motor Credit Co., LLC 6.054% 11/5/2031  | 6549 | 6518 |
| Ford Motor Credit Co., LLC 6.532% 3/19/2032  | 1200 | 1219 |
| Ford Motor Credit Co., LLC 7.122% 11/7/2033  | 650 | 675 |

---

---

| | |
|:---|:---|
| **163** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Consumer discretionary (continued)** |  |  |
| Ford Motor Credit Co., LLC 6.125% 3/8/2034  | USD<br> 750<br>| $731 |
| General Motors Financial Co., Inc. 5.45% 7/15/2030  | 299 | 303 |
| General Motors Financial Co., Inc. 5.625% 4/4/2032  | 534 | 541 |
| General Motors Financial Co., Inc. 5.45% 9/6/2034  | 4123 | 4044 |
| General Motors Financial Co., Inc. 5.90% 1/7/2035  | 1585 | 1594 |
| GENM Capital Labuan, Ltd. 3.882% 4/19/2031  | 1750 | 1572 |
| Genting New York, LLC 7.25% 10/1/2029 <sup>(a)</sup>  | 420 | 436 |
| Great Canadian Gaming Corp. 8.75% 11/15/2029 <sup>(a)</sup>  | 700 | 686 |
| Hanesbrands, Inc. 9.00% 2/15/2031 <sup>(a)</sup>  | 2149 | 2277 |
| Hanesbrands, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.077% 3/7/2032 <sup>(b)(c)</sup>  | 1504 | 1508 |
| Harley-Davidson Financial Services, Inc. 5.95% 6/11/2029 <sup>(a)</sup>  | 4154 | 4227 |
| Home Depot, Inc. 4.85% 6/25/2031  | 591 | 606 |
| Home Depot, Inc. 4.95% 6/25/2034  | 2990 | 3028 |
| Home Depot, Inc. 5.30% 6/25/2054  | 221 | 212 |
| Home Depot, Inc. 5.40% 6/25/2064  | 3490 | 3355 |
| Hyatt Hotels Corp. 5.75% 3/30/2032  | 752 | 772 |
| Hyundai Capital America 4.875% 6/23/2027 <sup>(a)</sup>  | 678 | 682 |
| Hyundai Capital America 4.90% 6/23/2028 <sup>(a)</sup>  | 257 | 259 |
| Hyundai Capital America 5.10% 6/24/2030 <sup>(a)</sup>  | 166 | 168 |
| International Game Technology PLC 5.25% 1/15/2029 <sup>(a)</sup>  | 200 | 198 |
| LCM Investments Holdings II, LLC 4.875% 5/1/2029 <sup>(a)</sup>  | 1075 | 1046 |
| LCM Investments Holdings II, LLC 8.25% 8/1/2031 <sup>(a)</sup>  | 535 | 569 |
| Levi Strauss & Co. 3.50% 3/1/2031 <sup>(a)</sup>  | 2425 | 2221 |
| Light and Wonder International, Inc. 7.50% 9/1/2031 <sup>(a)</sup>  | 2300 | 2408 |
| Lithia Motors, Inc. 3.875% 6/1/2029 <sup>(a)</sup>  | 2876 | 2745 |
| McDonald's Corp. 5.00% 5/17/2029  | 196 | 202 |
| McDonald's Corp. 4.95% 3/3/2035  | 611 | 611 |
| Newell Brands, Inc. 8.50% 6/1/2028 <sup>(a)</sup>  | 330 | 347 |
| Newell Brands, Inc. 6.375% 5/15/2030  | 5530 | 5394 |
| Newell Brands, Inc. 6.625% 5/15/2032  | 4205 | 4022 |
| Newell Brands, Inc. 6.875% 4/1/2036 (7.125% on 10/1/2025) <sup>(d)</sup>  | 2404 | 2308 |
| Party City Holdings, Inc. 12.00% PIK 1/11/2029 <sup>(g)(h)(i)</sup>  | 74 | 7 |
| RHP Hotel Properties, LP 7.25% 7/15/2028 <sup>(a)</sup>  | 79 | 82 |
| RHP Hotel Properties, LP 4.50% 2/15/2029 <sup>(a)</sup>  | 3941 | 3855 |
| RHP Hotel Properties, LP 6.50% 6/15/2033 <sup>(a)</sup>  | 375 | 386 |
| Royal Caribbean Cruises, Ltd. 5.50% 4/1/2028 <sup>(a)</sup>  | 1927 | 1952 |
| Sally Holdings, LLC 6.75% 3/1/2032  | 5279 | 5424 |
| Service Corp. International 5.75% 10/15/2032  | 735 | 743 |
| Sonic Automotive, Inc. 4.625% 11/15/2029 <sup>(a)</sup>  | 814 | 790 |
| Sonic Automotive, Inc. 4.875% 11/15/2031 <sup>(a)</sup>  | 5520 | 5250 |
| Station Casinos, LLC 6.625% 3/15/2032 <sup>(a)</sup>  | 1070 | 1095 |
| Universal Entertainment Corp. 9.875% 8/1/2029 <sup>(a)</sup>  | 3310 | 3238 |
| Vail Resorts, Inc. 5.625% 7/15/2030 <sup>(a)</sup>  | 770 | 773 |
| Vail Resorts, Inc. 6.50% 5/15/2032 <sup>(a)</sup>  | 731 | 756 |
| Valvoline, Inc. 3.625% 6/15/2031 <sup>(a)</sup>  | 1685 | 1527 |
| WASH Multifamily Acquisition, Inc. 5.75% 4/15/2026 <sup>(a)</sup>  | 745 | 743 |
| Wyndham Hotels & Resorts, Inc. 4.375% 8/15/2028 <sup>(a)</sup>  | 1618 | 1584 |
| Wynn Macau, Ltd. 5.625% 8/26/2028  | 450 | 443 |
| Wynn Resorts Finance, LLC 7.125% 2/15/2031 <sup>(a)</sup>  | 5103 | 5445 |
| ZF North America Capital, Inc. 6.75% 4/23/2030 <sup>(a)</sup>  | 2385 | 2293 |
|  |  | 172100 |
| **Information technology 4.95%** |  |  |
| Acuris Finance US, Inc. 9.00% 8/1/2029 <sup>(a)</sup>  | 7612 | 7811 |
| ams-OSRAM AG 12.25% 3/30/2029 <sup>(a)</sup>  | 1175 | 1255 |
| Analog Devices, Inc. 5.05% 4/1/2034  | 1649 | 1691 |
| Analog Devices, Inc. 5.30% 4/1/2054  | 62 | 60 |
| Apple, Inc. 4.75% 5/12/2035  | 350 | 353 |
| AppLovin Corp. 5.50% 12/1/2034  | 4570 | 4642 |
| Broadcom, Inc. 5.15% 11/15/2031  | 1687 | 1736 |

---

---

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

---

------

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Information technology (continued)** |  |  |
| Broadcom, Inc. 4.55% 2/15/2032  | USD<br> 551<br>| $546 |
| Broadcom, Inc. 2.60% 2/15/2033 <sup>(a)</sup>  | 116 | 99 |
| Broadcom, Inc. 3.469% 4/15/2034 <sup>(a)</sup>  | 3155 | 2819 |
| Broadcom, Inc. 4.80% 10/15/2034  | 885 | 875 |
| Broadcom, Inc. 4.926% 5/15/2037 <sup>(a)</sup>  | 2791 | 2710 |
| Cisco Systems, Inc. 5.05% 2/26/2034  | 4741 | 4855 |
| Cisco Systems, Inc. 5.10% 2/24/2035  | 1250 | 1280 |
| Cloud Software Group, Inc. 6.50% 3/31/2029 <sup>(a)</sup>  | 755 | 763 |
| Cloud Software Group, Inc. 9.00% 9/30/2029 <sup>(a)</sup>  | 7588 | 7872 |
| Cloud Software Group, Inc. 8.25% 6/30/2032 <sup>(a)</sup>  | 5672 | 6042 |
| Cloud Software Group, Inc., Term Loan B1, (3-month USD CME Term SOFR + 3.50%) 7.796% 3/29/2029 <sup>(b)(c)</sup>  | 146 | 146 |
| CommScope Technologies, LLC 5.00% 3/15/2027 <sup>(a)</sup>  | 1185 | 1155 |
| CommScope, LLC 8.25% 3/1/2027 <sup>(a)</sup>  | 148 | 148 |
| CommScope, LLC 7.125% 7/1/2028 <sup>(a)</sup>  | 55 | 54 |
| CommScope, LLC 4.75% 9/1/2029 <sup>(a)</sup>  | 76 | 74 |
| CommScope, LLC 9.50% 12/15/2031 <sup>(a)</sup>  | 800 | 838 |
| Commscope, LLC, Term Loan, (3-month USD CME Term SOFR + 5.25%) 9.577% 12/17/2029 <sup>(b)(c)</sup>  | 1500 | 1521 |
| Diebold Nixdorf, Inc. 7.75% 3/31/2030 <sup>(a)</sup>  | 8410 | 8943 |
| Ellucian Holdings, Inc. 6.50% 12/1/2029 <sup>(a)</sup>  | 1500 | 1538 |
| Ellucian Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.077% 11/22/2032 <sup>(b)(c)</sup>  | 425 | 435 |
| Fair Isaac Corp. 6.00% 5/15/2033 <sup>(a)</sup>  | 4115 | 4163 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 <sup>(b)(c)(f)</sup>  | 270 | 272 |
| Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 <sup>(b)(c)(f)</sup>  | 28 | 6 |
| Helios Software Holdings, Inc. 8.75% 5/1/2029 <sup>(a)</sup>  | 8631 | 8886 |
| ION Trading Technologies SARL 9.50% 5/30/2029 <sup>(a)</sup>  | 7238 | 7470 |
| Kaseya, Inc., Term Loan, (3-month USD CME Term SOFR + 5.00%) 9.327% 3/20/2033 <sup>(b)(c)</sup>  | 1700 | 1705 |
| Microchip Technology, Inc. 5.05% 3/15/2029  | 775 | 788 |
| Microchip Technology, Inc. 5.05% 2/15/2030  | 4697 | 4767 |
| Micron Technology, Inc. 6.05% 11/1/2035  | 6700 | 7015 |
| NCR Atleos Corp. 9.50% 4/1/2029 <sup>(a)</sup>  | 2790 | 3058 |
| Oracle Corp. 5.50% 8/3/2035  | 8019 | 8200 |
| Roper Technologies, Inc. 4.90% 10/15/2034  | 1939 | 1913 |
| ServiceNow, Inc. 1.40% 9/1/2030  | 50 | 43 |
| Shift4 Payments, LLC 6.75% 8/31/2032 <sup>(a)</sup>  | 335 | 348 |
| Synopsys, Inc. 5.15% 4/1/2035  | 4920 | 4961 |
| Synopsys, Inc. 5.70% 4/1/2055  | 7100 | 7064 |
| Texas Instruments, Inc. 5.10% 5/23/2035  | 150 | 153 |
| UKG, Inc. 6.875% 2/1/2031 <sup>(a)</sup>  | 2780 | 2886 |
| Unisys Corp. 10.625% 1/15/2031 <sup>(a)</sup>  | 5204 | 5365 |
| Viasat, Inc. 5.625% 4/15/2027 <sup>(a)</sup>  | 3205 | 3194 |
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/23/2026) <sup>(d)(f)(g)</sup>  | 1034 | 1046 |
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/22/2026) <sup>(d)(f)(g)</sup>  | 111 | 112 |
| X.Ai Corp. 12.50% 6/30/2030  | 7500 | 7589 |
|  |  | 141265 |
| **Industrials 4.85%** |  |  |
| AAR Escrow Issuer, LLC 6.75% 3/15/2029 <sup>(a)</sup>  | 199 | 206 |
| Ambipar Lux SARL 9.875% 2/6/2031 <sup>(a)</sup>  | 590 | 558 |
| Ambipar Lux SARL 10.875% 2/5/2033 <sup>(a)</sup>  | 925 | 877 |
| Amentum Holdings, Inc. 7.25% 8/1/2032 <sup>(a)</sup>  | 3815 | 3929 |
| American Airlines, Inc. 8.50% 5/15/2029 <sup>(a)</sup>  | 1250 | 1311 |
| Aramark Services, Inc. 5.00% 2/1/2028 <sup>(a)</sup>  | 1320 | 1316 |
| ATI, Inc. 4.875% 10/1/2029  | 1232 | 1208 |
| ATI, Inc. 7.25% 8/15/2030  | 349 | 366 |
| Avis Budget Car Rental, LLC 4.75% 4/1/2028 <sup>(a)</sup>  | 1000 | 971 |
| BAE Systems PLC 5.30% 3/26/2034 <sup>(a)</sup>  | 1000 | 1023 |
| Boeing Co. (The) 5.15% 5/1/2030  | 2477 | 2523 |
| Boeing Co. (The) 6.528% 5/1/2034  | 4054 | 4407 |
| Boeing Co. (The) 5.705% 5/1/2040  | 730 | 722 |
| Boeing Co. (The) 5.805% 5/1/2050  | 1420 | 1363 |

---

---

| | |
|:---|:---|
| **165** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Industrials (continued)** |  |  |
| Boeing Co. (The) 6.858% 5/1/2054  | USD<br> 4,559<br>| $4995 |
| Boeing Co. (The) 5.93% 5/1/2060  | 2005 | 1908 |
| Canadian National Railway Co. 4.375% 9/18/2034  | 375 | 362 |
| Canadian Pacific Railway Co. 5.20% 3/30/2035  | 2323 | 2356 |
| Clarivate Science Holdings Corp. 3.875% 7/1/2028 <sup>(a)</sup>  | 340 | 326 |
| Clean Harbors, Inc. 6.375% 2/1/2031 <sup>(a)</sup>  | 45 | 46 |
| CoreLogic, Inc. 4.50% 5/1/2028 <sup>(a)</sup>  | 6041 | 5768 |
| CoreLogic, Inc., Term Loan, (3-month USD CME Term SOFR + 3.50%) 7.941% 6/2/2028 <sup>(b)(c)</sup>  | 1990 | 1965 |
| CSX Corp. 2.50% 5/15/2051  | 220 | 127 |
| Dun & Bradstreet Corp. (The) 5.00% 12/15/2029 <sup>(a)</sup>  | 439 | 450 |
| Embraer Netherlands Finance BV 5.98% 2/11/2035  | 620 | 640 |
| Enviri Corp. 5.75% 7/31/2027 <sup>(a)</sup>  | 2846 | 2811 |
| EquipmentShare.com, Inc. 9.00% 5/15/2028 <sup>(a)</sup>  | 3195 | 3379 |
| EquipmentShare.com, Inc. 8.625% 5/15/2032 <sup>(a)</sup>  | 4670 | 4969 |
| EquipmentShare.com, Inc. 8.00% 3/15/2033 <sup>(a)</sup>  | 2500 | 2621 |
| FTAI Aviation Investors, LLC 5.875% 4/15/2033 <sup>(a)</sup>  | 4800 | 4744 |
| Garda World Security Corp. 8.375% 11/15/2032 <sup>(a)</sup>  | 1360 | 1398 |
| Herc Holdings, Inc. 6.625% 6/15/2029 <sup>(a)</sup>  | 2120 | 2177 |
| Herc Holdings, Inc. 7.00% 6/15/2030 <sup>(a)</sup>  | 2995 | 3130 |
| Herc Holdings, Inc. 7.25% 6/15/2033 <sup>(a)</sup>  | 2680 | 2810 |
| Hertz Corp. (The) 4.625% 12/1/2026 <sup>(a)</sup>  | 1125 | 1009 |
| Hertz Corp. (The), Term Loan B-EXIT, (3-month USD CME Term SOFR + 3.50%) 8.041% 6/30/2028 <sup>(b)(c)</sup>  | 414 | 345 |
| Hertz Corp. (The), Term Loan C-EXIT, (3-month USD CME Term SOFR + 3.50%) 8.041% 6/30/2028 <sup>(b)(c)</sup>  | 81 | 68 |
| Hexcel Corp. 5.875% 2/26/2035  | 207 | 211 |
| Honeywell International, Inc. 5.00% 3/1/2035  | 1669 | 1681 |
| Icahn Enterprises, LP 6.25% 5/15/2026  | 1832 | 1820 |
| Icahn Enterprises, LP 5.25% 5/15/2027  | 7940 | 7700 |
| Icahn Enterprises, LP 9.75% 1/15/2029  | 2610 | 2539 |
| Icahn Enterprises, LP 10.00% 11/15/2029 <sup>(a)</sup>  | 405 | 401 |
| IRB Infrastructure Developers, Ltd. 7.11% 3/11/2032 <sup>(a)</sup>  | 435 | 437 |
| LATAM Airlines Group SA 7.875% 4/15/2030 <sup>(a)</sup>  | 755 | 771 |
| Lima Metro Line 2 Finance, Ltd. 5.875% 7/5/2034  | 481 | 488 |
| 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 | 7790 |
| 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  | 2926 | 2797 |
| Paychex, Inc. 5.60% 4/15/2035  | 267 | 276 |
| Peraton Corp., Term Loan B, (3-month USD CME Term SOFR + 3.75%) 8.177% 2/1/2028 <sup>(b)(c)</sup>  | 1091 | 964 |
| PM General Purchaser, LLC 9.50% 10/1/2028 <sup>(a)</sup>  | 73 | 51 |
| QXO Building Products, Inc. 6.75% 4/30/2032 <sup>(a)</sup>  | 3210 | 3315 |
| Regal Rexnord Corp. 6.30% 2/15/2030  | 1591 | 1667 |
| Regal Rexnord Corp. 6.40% 4/15/2033  | 5315 | 5615 |
| Reworld Holding Corp. 4.875% 12/1/2029 <sup>(a)</sup>  | 2960 | 2818 |
| Sabre GLBL, Inc. 11.125% 7/15/2030 <sup>(a)</sup>  | 4723 | 4946 |
| Sensata Technologies BV 4.00% 4/15/2029 <sup>(a)</sup>  | 3300 | 3141 |
| Sensata Technologies, Inc. 3.75% 2/15/2031 <sup>(a)</sup>  | 3193 | 2914 |
| Siemens Funding BV 5.20% 5/28/2035 <sup>(a)</sup>  | 500 | 510 |
| Siemens Funding BV 5.80% 5/28/2055 <sup>(a)</sup>  | 704 | 727 |
| Siemens Funding BV 5.90% 5/28/2065 <sup>(a)</sup>  | 541 | 560 |
| TransDigm, Inc. 6.375% 3/1/2029 <sup>(a)</sup>  | 300 | 308 |
| TransDigm, Inc. 6.375% 5/31/2033 <sup>(a)</sup>  | 2100 | 2107 |
| Union Pacific Corp. 2.95% 3/10/2052  | 508 | 324 |
| Union Pacific Corp. 4.95% 5/15/2053  | 3481 | 3165 |
| United Rentals (North America), Inc. 5.25% 1/15/2030  | 385 | 386 |
| United Rentals (North America), Inc. 6.125% 3/15/2034 <sup>(a)</sup>  | 1910 | 1970 |
| Waste Management, Inc. 4.95% 3/15/2035  | 3465 | 3481 |
| Waste Pro USA, Inc. 7.00% 2/1/2033 <sup>(a)</sup>  | 615 | 640 |

---

---

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

---

------

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Industrials (continued)** |  |  |
| WESCO Distribution, Inc. 7.25% 6/15/2028 <sup>(a)</sup>  | USD<br> 435<br>| $441 |
| WESCO Distribution, Inc. 6.625% 3/15/2032 <sup>(a)</sup>  | 850 | 884 |
| WESCO Distribution, Inc. 6.375% 3/15/2033 <sup>(a)</sup>  | 895 | 926 |
|  |  | 138653 |
| **Communication services 4.64%** |  |  |
| Alphabet, Inc. 5.25% 5/15/2055  | 124 | 122 |
| Alphabet, Inc. 5.30% 5/15/2065  | 97 | 95 |
| AT&T, Inc. 3.50% 9/15/2053  | 675 | 457 |
| AT&T, Inc. 3.55% 9/15/2055  | 240 | 162 |
| CCO Holdings, LLC 4.25% 2/1/2031 <sup>(a)</sup>  | 845 | 790 |
| CCO Holdings, LLC 4.75% 2/1/2032 <sup>(a)</sup>  | 1025 | 973 |
| CCO Holdings, LLC 4.50% 5/1/2032  | 1315 | 1225 |
| CCO Holdings, LLC 4.50% 6/1/2033 <sup>(a)</sup>  | 2910 | 2662 |
| CCO Holdings, LLC 4.25% 1/15/2034 <sup>(a)</sup>  | 4973 | 4430 |
| Charter Communications Operating, LLC 4.40% 4/1/2033  | 3545 | 3339 |
| Charter Communications Operating, LLC 6.65% 2/1/2034  | 1230 | 1318 |
| Charter Communications Operating, LLC 6.384% 10/23/2035  | 5011 | 5266 |
| Charter Communications Operating, LLC 4.80% 3/1/2050  | 550 | 440 |
| Charter Communications Operating, LLC 3.70% 4/1/2051  | 8360 | 5573 |
| Charter Communications Operating, LLC 3.90% 6/1/2052  | 1040 | 714 |
| Charter Communications Operating, LLC 5.25% 4/1/2053  | 6205 | 5275 |
| Clear Channel Outdoor Holdings, Inc. 7.75% 4/15/2028 <sup>(a)</sup>  | 1102 | 1042 |
| Comcast Corp. 5.65% 6/1/2054  | 2518 | 2449 |
| Connect Finco SARL 9.00% 9/15/2029 <sup>(a)</sup>  | 9995 | 10059 |
| CSC Holdings, LLC 5.50% 4/15/2027 <sup>(a)</sup>  | 650 | 621 |
| DIRECTV Financing, LLC 5.875% 8/15/2027 <sup>(a)</sup>  | 3725 | 3715 |
| DISH Network Corp. 11.75% 11/15/2027 <sup>(a)</sup>  | 2775 | 2863 |
| EchoStar Corp. 10.75% 11/30/2029  | 4350 | 4484 |
| EchoStar Corp. 6.75% PIK 11/30/2030 <sup>(g)</sup>  | 1919 | 1752 |
| 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>  | 2758 | 2796 |
| Frontier Communications Holdings, LLC 6.00% 1/15/2030 <sup>(a)</sup>  | 356 | 361 |
| 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 | 133 |
| Gray Media, Inc. 10.50% 7/15/2029 <sup>(a)</sup>  | 3569 | 3837 |
| Gray Media, Inc. 4.75% 10/15/2030 <sup>(a)</sup>  | 351 | 266 |
| Gray Media, Inc. 5.375% 11/15/2031 <sup>(a)</sup>  | 1509 | 1133 |
| Gray Television, Inc., Term Loan D, (3-month USD CME Term SOFR + 3.00%) 7.439% 12/1/2028 <sup>(b)(c)</sup>  | 989 | 962 |
| Gray Television, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.574% 6/4/2029 <sup>(b)(c)</sup>  | 404 | 404 |
| Intelsat Jackson Holdings SA 6.50% 3/15/2030 <sup>(a)</sup>  | 4370 | 4467 |
| Meta Platforms, Inc. 4.45% 8/15/2052  | 5202 | 4389 |
| Meta Platforms, Inc. 5.40% 8/15/2054  | 250 | 244 |
| Netflix, Inc. 4.90% 8/15/2034  | 200 | 204 |
| News Corp. 3.875% 5/15/2029 <sup>(a)</sup>  | 280 | 268 |
| Nexstar Media, Inc. 4.75% 11/1/2028 <sup>(a)</sup>  | 4455 | 4343 |
| Sirius XM Radio, LLC 4.00% 7/15/2028 <sup>(a)</sup>  | 2060 | 1980 |
| Sirius XM Radio, LLC 4.125% 7/1/2030 <sup>(a)</sup>  | 5302 | 4892 |
| Sirius XM Radio, LLC 3.875% 9/1/2031 <sup>(a)</sup>  | 9825 | 8740 |
| Snap, Inc. 6.875% 3/1/2033 <sup>(a)</sup>  | 7520 | 7721 |
| T-Mobile USA, Inc. 2.55% 2/15/2031  | 100 | 90 |
| T-Mobile USA, Inc. 5.125% 5/15/2032  | 327 | 334 |
| T-Mobile USA, Inc. 3.50% 2/11/2037  | EUR<br> 1,250<br>| 1416 |
| T-Mobile USA, Inc. 5.875% 11/15/2055  | USD<br> 250<br>| 250 |
| Univision Communications, Inc. 8.00% 8/15/2028 <sup>(a)</sup>  | 3925 | 3986 |
| Univision Communications, Inc. 4.50% 5/1/2029 <sup>(a)</sup>  | 5115 | 4656 |
| Univision Communications, Inc. 7.375% 6/30/2030 <sup>(a)</sup>  | 6104 | 6003 |
| Univision Communications, Inc. 8.50% 7/31/2031 <sup>(a)</sup>  | 3730 | 3738 |
| Verizon Communications, Inc. 3.55% 3/22/2051  | 310 | 222 |
| Verizon Communications, Inc. 3.875% 3/1/2052  | 324 | 241 |

---

---

| | |
|:---|:---|
| **167** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Communication services (continued)** |  |  |
| WarnerMedia Holdings, Inc. 4.054% 3/15/2029  | USD<br> 150<br>| $138 |
| WarnerMedia Holdings, Inc. 5.141% 3/15/2052  | 444 | 274 |
| WMG Acquisition Corp. 3.875% 7/15/2030 <sup>(a)</sup>  | 287 | 268 |
| X Corp., Term Loan B, (USD-SOFR + 6.50%) 10.927% 10/26/2029 <sup>(b)(c)</sup>  | 4019 | 3932 |
|  |  | 132591 |
| **Materials 4.55%** |  |  |
| Avient Corp. 6.25% 11/1/2031 <sup>(a)</sup>  | 210 | 212 |
| Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/2031 <sup>(a)</sup>  | 834 | 880 |
| Axalta Coating Systems, LLC 4.75% 6/15/2027 <sup>(a)</sup>  | 625 | 622 |
| BHP Billiton Finance (USA), Ltd. 4.90% 2/28/2033  | 36 | 36 |
| BHP Billiton Finance (USA), Ltd. 5.25% 9/8/2033  | 5016 | 5139 |
| BHP Billiton Finance (USA), Ltd. 5.50% 9/8/2053  | 286 | 283 |
| Braskem Netherlands Finance BV 8.75% 1/12/2031 <sup>(a)</sup>  | 2468 | 2160 |
| Braskem Netherlands Finance BV 7.25% 2/13/2033 <sup>(a)</sup>  | 2575 | 2042 |
| Braskem Netherlands Finance BV 8.00% 10/15/2034 <sup>(a)</sup>  | 4850 | 3888 |
| Capstone Copper Corp. 6.75% 3/31/2033 <sup>(a)</sup>  | 750 | 769 |
| Celanese US Holdings, LLC 6.35% 11/15/2028  | 181 | 190 |
| Celanese US Holdings, LLC 6.50% 4/15/2030  | 3010 | 3083 |
| Celanese US Holdings, LLC 6.379% 7/15/2032  | 5532 | 5804 |
| Celanese US Holdings, LLC 7.20% 11/15/2033  | 6726 | 7144 |
| Celulosa Arauco y Constitucion SA 6.18% 5/5/2032 <sup>(a)</sup>  | 1315 | 1343 |
| Cleveland-Cliffs, Inc. 6.875% 11/1/2029 <sup>(a)</sup>  | 5694 | 5611 |
| Cleveland-Cliffs, Inc. 7.50% 9/15/2031 <sup>(a)</sup>  | 3225 | 3113 |
| Cleveland-Cliffs, Inc. 7.00% 3/15/2032 <sup>(a)</sup>  | 300 | 283 |
| Cleveland-Cliffs, Inc. 7.375% 5/1/2033 <sup>(a)</sup>  | 3535 | 3322 |
| Consolidated Energy Finance SA 12.00% 2/15/2031 <sup>(a)</sup>  | 7208 | 7079 |
| Dow Chemical Co. (The) 5.15% 2/15/2034  | 194 | 194 |
| Dow Chemical Co. (The) 5.35% 3/15/2035  | 86 | 86 |
| Dow Chemical Co. (The) 6.90% 5/15/2053  | 925 | 996 |
| Dow Chemical Co. (The) 5.60% 2/15/2054  | 3793 | 3457 |
| Element Solutions, Inc. 3.875% 9/1/2028 <sup>(a)</sup>  | 1730 | 1679 |
| First Quantum Minerals, Ltd. 6.875% 10/15/2027 <sup>(a)</sup>  | 517 | 518 |
| First Quantum Minerals, Ltd. 9.375% 3/1/2029 <sup>(a)</sup>  | 5819 | 6183 |
| First Quantum Minerals, Ltd. 8.00% 3/1/2033 <sup>(a)</sup>  | 2500 | 2567 |
| FXI Holdings, Inc. 12.25% 11/15/2026 <sup>(a)</sup>  | 5812 | 5121 |
| JH North America Holdings, Inc. 5.875% 1/31/2031 <sup>(a)</sup>  | 740 | 747 |
| JH North America Holdings, Inc. 6.125% 7/31/2032 <sup>(a)</sup>  | 715 | 727 |
| LSB Industries, Inc. 6.25% 10/15/2028 <sup>(a)</sup>  | 2332 | 2317 |
| LYB International Finance III, LLC 5.50% 3/1/2034  | 724 | 723 |
| LYB International Finance III, LLC 6.15% 5/15/2035  | 1706 | 1772 |
| Magnera Corp. 7.25% 11/15/2031 <sup>(a)</sup>  | 8780 | 8286 |
| Mauser Packaging Solutions Holding Co. 7.875% 4/15/2027 <sup>(a)</sup>  | 2560 | 2605 |
| Minera Mexico, SA de CV 5.625% 2/12/2032 <sup>(a)</sup>  | 3435 | 3497 |
| Mineral Resources, Ltd. 8.125% 5/1/2027 <sup>(a)</sup>  | 845 | 845 |
| Mineral Resources, Ltd. 9.25% 10/1/2028 <sup>(a)</sup>  | 3070 | 3146 |
| Mineral Resources, Ltd. 8.50% 5/1/2030 <sup>(a)</sup>  | 2625 | 2614 |
| NOVA Chemicals Corp. 5.25% 6/1/2027 <sup>(a)</sup>  | 685 | 682 |
| NOVA Chemicals Corp. 4.25% 5/15/2029 <sup>(a)</sup>  | 525 | 505 |
| OCI NV 6.70% 3/16/2033 <sup>(a)</sup>  | 3522 | 3901 |
| PT Krakatau Posco 6.375% 6/11/2029  | 1500 | 1506 |
| Quikrete Holdings, Inc. 6.375% 3/1/2032 <sup>(a)</sup>  | 2585 | 2660 |
| Quikrete Holdings, Inc. 6.75% 3/1/2033 <sup>(a)</sup>  | 1105 | 1141 |
| Quikrete Holdings, Inc., Term Loan B3, (3-month USD CME Term SOFR + 2.25%) 6.577% 2/10/2032 <sup>(b)(c)</sup>  | 683 | 683 |
| Sasol Financing USA, LLC 8.75% 5/3/2029 <sup>(f)</sup>  | 1700 | 1685 |
| Sasol Financing USA, LLC 8.75% 5/3/2029 <sup>(a)</sup>  | 1000 | 991 |
| Sasol Financing USA, LLC 5.50% 3/18/2031  | 2000 | 1645 |
| SCIH Salt Holdings, Inc. 4.875% 5/1/2028 <sup>(a)</sup>  | 553 | 539 |
| SCIH Salt Holdings, Inc. 6.625% 5/1/2029 <sup>(a)</sup>  | 4285 | 4193 |
| Sealed Air Corp. 4.00% 12/1/2027 <sup>(a)</sup>  | 1425 | 1392 |

---

---

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

---

------

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Materials (continued)** |  |  |
| Sealed Air Corp. 6.125% 2/1/2028 <sup>(a)</sup>  | USD<br> 1,854<br>| $1882 |
| Stillwater Mining Co. 4.00% 11/16/2026 <sup>(f)</sup>  | 1019 | 996 |
| Trivium Packaging Finance BV 8.25% 7/15/2030 <sup>(a)</sup>  | 215 | 228 |
| Trivium Packaging Finance BV 12.25% 1/15/2031 <sup>(a)</sup>  | 680 | 730 |
| Vale Overseas, Ltd. 6.40% 6/28/2054  | 2834 | 2788 |
| Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 2.00%) 8.00% PIK and 6.308% Cash <br> 1/16/2026 <sup>(b)(c)(g)(h)</sup>  | 9 | 5 |
| Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 8.00%) 8.00% PIK and 6.329% Cash <br> 10/10/2028 <sup>(b)(c)(g)(h)</sup>  | 10 | 5 |
| Venator Material, LLC, Term Loan, (USD-SOFR + 10.00%) 8.00% PIK and 6.302% Cash 10/10/2028 <sup>(b)(c)(g)(h)</sup>  | 16 | 9 |
| Veritiv Operating Co. 10.50% 11/30/2030 <sup>(a)</sup>  | 650 | 704 |
|  |  | 129953 |
| **Consumer staples 4.45%** |  |  |
| Albertsons Cos., Inc. 3.50% 3/15/2029 <sup>(a)</sup>  | 275 | 261 |
| Altria Group, Inc. 5.625% 2/6/2035  | 2850 | 2907 |
| Anheuser-Busch InBev Worldwide, Inc. 5.00% 6/15/2034  | 880 | 899 |
| B&G Foods, Inc. 5.25% 9/15/2027  | 990 | 902 |
| B&G Foods, Inc. 8.00% 9/15/2028 <sup>(a)</sup>  | 3678 | 3546 |
| BAT Capital Corp. 6.421% 8/2/2033  | 2845 | 3091 |
| BAT Capital Corp. 6.00% 2/20/2034  | 1955 | 2062 |
| BAT Capital Corp. 5.625% 8/15/2035  | 7146 | 7275 |
| BAT Capital Corp. 7.081% 8/2/2053  | 5736 | 6393 |
| BAT Capital Corp. 6.25% 8/15/2055  | 211 | 214 |
| Campbell's Co. (The) 5.20% 3/21/2029  | 215 | 220 |
| Campbell's Co. (The) 4.75% 3/23/2035  | 2119 | 2037 |
| Campbell's Co. (The) 5.25% 10/13/2054  | 346 | 316 |
| Central Garden & Pet Co. 4.125% 4/30/2031 <sup>(a)</sup>  | 8270 | 7687 |
| Coca-Cola Co. 5.20% 1/14/2055  | 2551 | 2444 |
| Constellation Brands, Inc. 2.25% 8/1/2031  | 2140 | 1855 |
| Constellation Brands, Inc. 4.75% 5/9/2032  | 3266 | 3246 |
| Constellation Brands, Inc. 4.90% 5/1/2033  | 489 | 485 |
| Coty, Inc. 6.625% 7/15/2030 <sup>(a)</sup>  | 1030 | 1054 |
| Darling Ingredients, Inc. 6.00% 6/15/2030 <sup>(a)</sup>  | 1950 | 1977 |
| Diageo Investment Corp. 5.625% 4/15/2035  | 2009 | 2102 |
| Fiesta Purchaser, Inc. 10.00% 9/30/2032 <sup>(a)</sup>  | 525 | 555 |
| Fiesta Purchaser, Inc., Term Loan, (3-month USD CME Term SOFR + 3.25%) 7.577% 2/12/2031 <sup>(b)(c)</sup>  | 233 | 234 |
| Imperial Brands Finance PLC 5.875% 7/1/2034 <sup>(a)</sup>  | 1830 | 1880 |
| Imperial Brands Finance PLC 5.625% 7/1/2035 <sup>(a)</sup>  | 200 | 201 |
| Imperial Brands Finance PLC 6.375% 7/1/2055 <sup>(a)</sup>  | 1047 | 1062 |
| Ingles Markets, Inc. 4.00% 6/15/2031 <sup>(a)</sup>  | 3974 | 3714 |
| Kroger Co. 5.50% 9/15/2054  | 617 | 586 |
| Kronos Acquisition Holdings, Inc. 10.75% 6/30/2032 <sup>(a)</sup>  | 535 | 389 |
| Lamb Weston Holdings, Inc. 4.125% 1/31/2030 <sup>(a)</sup>  | 250 | 239 |
| Lamb Weston Holdings, Inc. 4.375% 1/31/2032 <sup>(a)</sup>  | 2959 | 2782 |
| MARB BondCo PLC 3.95% 1/29/2031  | 1606 | 1425 |
| Mars, Inc. 5.20% 3/1/2035 <sup>(a)</sup>  | 12511 | 12667 |
| Mars, Inc. 5.65% 5/1/2045 <sup>(a)</sup>  | 1330 | 1334 |
| Mars, Inc. 5.70% 5/1/2055 <sup>(a)</sup>  | 5390 | 5381 |
| Mars, Inc. 5.80% 5/1/2065 <sup>(a)</sup>  | 476 | 476 |
| Minerva Luxembourg SA 8.875% 9/13/2033 <sup>(a)</sup>  | 2190 | 2367 |
| Mondelez International, Inc. 4.75% 8/28/2034  | 72 | 71 |
| Mondelez International, Inc. 5.125% 5/6/2035  | 620 | 623 |
| Opal Bidco SAS 6.50% 3/31/2032 <sup>(a)</sup>  | 975 | 996 |
| Performance Food Group, Inc. 4.25% 8/1/2029 <sup>(a)</sup>  | 166 | 160 |
| Performance Food Group, Inc. 6.125% 9/15/2032 <sup>(a)</sup>  | 1890 | 1936 |
| Philip Morris International, Inc. 4.75% 11/1/2031  | 512 | 516 |
| Philip Morris International, Inc. 5.375% 2/15/2033  | 2530 | 2614 |
| Philip Morris International, Inc. 5.625% 9/7/2033  | 3138 | 3290 |
| Philip Morris International, Inc. 5.25% 2/13/2034  | 4088 | 4172 |

---

---

| | |
|:---|:---|
| **169** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Consumer staples (continued)** |  |  |
| Philip Morris International, Inc. 4.90% 11/1/2034  | USD<br> 6,797<br>| $6769 |
| Post Holdings, Inc. 4.625% 4/15/2030 <sup>(a)</sup>  | 3705 | 3565 |
| Post Holdings, Inc. 6.25% 2/15/2032 <sup>(a)</sup>  | 303 | 312 |
| Post Holdings, Inc. 6.375% 3/1/2033 <sup>(a)</sup>  | 5040 | 5098 |
| Prestige Brands, Inc. 3.75% 4/1/2031 <sup>(a)</sup>  | 2995 | 2762 |
| TreeHouse Foods, Inc. 4.00% 9/1/2028  | 4858 | 4435 |
| United Natural Foods, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.75%) 9.077% 5/1/2031 <sup>(b)(c)</sup>  | 881 | 892 |
| US Foods, Inc. 4.625% 6/1/2030 <sup>(a)</sup>  | 320 | 312 |
| Walgreens Boots Alliance, Inc. 3.45% 6/1/2026  | 1057 | 1035 |
| Walmart, Inc. 4.90% 4/28/2035  | 1200 | 1216 |
|  |  | 127039 |
| **Utilities 4.34%** |  |  |
| Aegea Finance SARL 9.00% 1/20/2031 <sup>(a)</sup>  | 1788 | 1900 |
| AEP Transmission Co., LLC 5.375% 6/15/2035  | 125 | 128 |
| Baltimore Gas and Electric Co. 5.30% 6/1/2034  | 1925 | 1972 |
| CenterPoint Energy Houston Electric, LLC 5.05% 3/1/2035  | 265 | 265 |
| Comision Federal de Electricidad 6.45% 1/24/2035 <sup>(a)</sup>  | 2040 | 2016 |
| Consumers Energy Co. 5.05% 5/15/2035  | 2945 | 2967 |
| Duke Energy Carolinas, LLC 5.35% 1/15/2053  | 275 | 264 |
| Duke Energy Corp. 4.50% 8/15/2032  | 329 | 322 |
| Duke Energy Florida, LLC 5.875% 11/15/2033  | 90 | 96 |
| Edison International 4.125% 3/15/2028  | 575 | 555 |
| Edison International 5.25% 11/15/2028  | 750 | 743 |
| Edison International 5.45% 6/15/2029  | 1245 | 1232 |
| Edison International 6.95% 11/15/2029  | 1350 | 1404 |
| Edison International 6.25% 3/15/2030  | 1000 | 1016 |
| Edison International 5.25% 3/15/2032  | 6380 | 6056 |
| 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>(d)</sup>  | 2590 | 2460 |
| 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)(d)</sup>  | 2750 | 3109 |
| Florida Power & Light Co. 5.30% 6/15/2034  | 4750 | 4898 |
| Ithaca Energy (North sea) PLC 8.125% 10/15/2029 <sup>(a)</sup>  | 565 | 583 |
| Long Ridge Energy, LLC, 8.75% 2/15/2032 <sup>(a)</sup>  | 4590 | 4772 |
| MI Windows and Doors, LLC, Term Loan B2, (3-month USD CME Term SOFR + 3.00%) 7.327% 3/28/2031 <sup>(b)(c)</sup>  | 233 | 233 |
| Northern States Power Co. 5.65% 5/15/2055  | 360 | 360 |
| Pacific Gas and Electric Co. 3.00% 6/15/2028  | 220 | 209 |
| Pacific Gas and Electric Co. 4.55% 7/1/2030  | 74 | 72 |
| Pacific Gas and Electric Co. 3.25% 6/1/2031  | 420 | 377 |
| Pacific Gas and Electric Co. 6.15% 1/15/2033  | 1000 | 1031 |
| Pacific Gas and Electric Co. 6.40% 6/15/2033  | 6245 | 6532 |
| Pacific Gas and Electric Co. 5.70% 3/1/2035  | 700 | 694 |
| Pacific Gas and Electric Co. 3.30% 8/1/2040  | 135 | 97 |
| Pacific Gas and Electric Co. 4.95% 7/1/2050  | 6433 | 5191 |
| Pacific Gas and Electric Co. 3.50% 8/1/2050  | 8765 | 5627 |
| Pacific Gas and Electric Co. 6.70% 4/1/2053  | 2930 | 2941 |
| Pacific Gas and Electric Co. 5.90% 10/1/2054  | 2605 | 2365 |
| PacifiCorp 5.45% 2/15/2034  | 3410 | 3460 |
| PacifiCorp 3.30% 3/15/2051  | 695 | 452 |
| PacifiCorp 2.90% 6/15/2052  | 1508 | 894 |
| PacifiCorp 5.35% 12/1/2053  | 754 | 679 |
| PacifiCorp 5.50% 5/15/2054  | 366 | 337 |
| PacifiCorp 5.80% 1/15/2055  | 3375 | 3233 |
| PG&E Corp. 5.25% 7/1/2030  | 4345 | 4142 |
| 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>(d)</sup>  | 5709 | 5421 |
| Public Service Electric and Gas Co. 5.05% 3/1/2035  | 2786 | 2818 |
| Public Service Enterprise Group, Inc. 5.40% 3/15/2035  | 325 | 329 |
| Southern California Edison Co. 5.65% 10/1/2028  | 300 | 307 |

---

---

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

---

------

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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Utilities (continued)** |  |  |
| Southern California Edison Co. 2.50% 6/1/2031  | USD<br> 645<br>| $560 |
| Southern California Edison Co. 5.20% 6/1/2034  | 4280 | 4154 |
| Southern California Edison Co. 5.45% 3/1/2035  | 2565 | 2519 |
| Southern California Edison Co. 4.00% 4/1/2047  | 219 | 158 |
| Southern California Edison Co. 4.125% 3/1/2048  | 71 | 52 |
| Southern California Edison Co. 3.65% 2/1/2050  | 8623 | 5707 |
| Southern California Edison Co. 2.95% 2/1/2051  | 380 | 223 |
| Southern California Edison Co. 5.75% 4/15/2054  | 3960 | 3552 |
| Southern California Edison Co. 5.90% 3/1/2055  | 4550 | 4166 |
| Southern California Edison Co. 6.20% 9/15/2055  | 700 | 671 |
| Talen Energy Supply, LLC 8.625% 6/1/2030 <sup>(a)</sup>  | 4519 | 4846 |
| Talen Energy Supply, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.808% 5/17/2030 <sup>(b)(c)</sup>  | 64 | 64 |
| Tampa Electric Co. 5.15% 3/1/2035  | 3370 | 3388 |
| Union Electric Co. 5.25% 4/15/2035  | 2200 | 2248 |
| Union Electric Co. 5.125% 3/15/2055  | 50 | 46 |
| Xcel Energy, Inc. 5.45% 8/15/2033  | 615 | 628 |
| Xcel Energy, Inc. 5.50% 3/15/2034  | 50 | 51 |
| Xcel Energy, Inc. 5.60% 4/15/2035  | 4175 | 4264 |
| YPF Energia Electrica SA 7.875% 10/16/2032 <sup>(a)</sup>  | 2245 | 2227 |
|  |  | 124083 |
| **Real estate 3.82%** |  |  |
| Anywhere Real Estate Group, LLC 5.25% 4/15/2030 <sup>(a)</sup>  | 2840 | 2330 |
| Boston Properties, LP 2.55% 4/1/2032  | 2292 | 1935 |
| Boston Properties, LP 2.45% 10/1/2033  | 3628 | 2901 |
| Boston Properties, LP 6.50% 1/15/2034  | 1984 | 2125 |
| Boston Properties, LP 5.75% 1/15/2035  | 8062 | 8118 |
| Brookfield Property REIT, Inc. 5.75% 5/15/2026 <sup>(a)</sup>  | 504 | 503 |
| Fideicomiso Fibra Uno 7.70% 1/23/2032 <sup>(a)</sup>  | 280 | 292 |
| Fideicomiso Fibra Uno 8.25% 1/23/2037 <sup>(a)</sup>  | 375 | 396 |
| Forestar Group, Inc. 6.50% 3/15/2033 <sup>(a)</sup>  | 1385 | 1396 |
| Highwoods Realty, LP 7.65% 2/1/2034  | 3155 | 3569 |
| 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>  | 5500 | 5242 |
| Howard Hughes Corp. (The) 4.375% 2/1/2031 <sup>(a)</sup>  | 2761 | 2550 |
| Hudson Pacific Properties, LP 4.65% 4/1/2029  | 500 | 450 |
| Hudson Pacific Properties, LP 3.25% 1/15/2030  | 3685 | 3016 |
| Iron Mountain, Inc. 5.25% 7/15/2030 <sup>(a)</sup>  | 335 | 331 |
| Kennedy-Wilson, Inc. 4.75% 3/1/2029  | 2424 | 2274 |
| Kennedy-Wilson, Inc. 4.75% 2/1/2030  | 3660 | 3356 |
| Kennedy-Wilson, Inc. 5.00% 3/1/2031  | 7490 | 6757 |
| Kilroy Realty, LP 6.25% 1/15/2036  | 673 | 671 |
| Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030  | 1190 | 1198 |
| MPT Operating Partnership, LP 5.00% 10/15/2027  | 8538 | 7894 |
| MPT Operating Partnership, LP 3.50% 3/15/2031  | 3390 | 2400 |
| MPT Operating Partnership, LP 8.50% 2/15/2032 <sup>(a)</sup>  | 12381 | 12967 |
| Park Intermediate Holdings, LLC 4.875% 5/15/2029 <sup>(a)</sup>  | 5877 | 5698 |
| Pebblebrook Hotel, LP 6.375% 10/15/2029 <sup>(a)</sup>  | 345 | 347 |
| Prologis, LP 4.75% 6/15/2033  | 1110 | 1107 |
| Prologis, LP 5.00% 3/15/2034  | 2025 | 2031 |
| Prologis, LP 5.00% 1/31/2035  | 1072 | 1072 |
| RLJ Lodging Trust, LP 3.75% 7/1/2026 <sup>(a)</sup>  | 140 | 139 |
| Service Properties Trust 4.75% 10/1/2026  | 245 | 242 |
| Service Properties Trust 4.95% 2/15/2027  | 2066 | 2041 |
| Service Properties Trust 3.95% 1/15/2028  | 4595 | 4248 |
| Service Properties Trust 8.375% 6/15/2029  | 3270 | 3404 |
| Service Properties Trust 4.95% 10/1/2029  | 4079 | 3563 |

---

---

| | |
|:---|:---|
| **171** | 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, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** | **Corporate bonds, notes & loans (continued)** |
| **Real estate (continued)** |  |  |
| Service Properties Trust 4.375% 2/15/2030  | USD<br> 7,140<br>| $6011 |
| Service Properties Trust 8.625% 11/15/2031 <sup>(a)</sup>  | 5187 | 5572 |
| VICI Properties, LP 5.625% 4/1/2035  | 944 | 953 |
|  |  | 109104 |
| **Municipals 0.02%** |  |  |
| Texas Combined Tirz I, LLC 0% 12/7/2062 <sup>(a)(h)</sup>  | 393 | 393 |
| **Total corporate bonds, notes & loans** |  | 1981273 |
| **Mortgage-backed obligations 19.98%** | **Mortgage-backed obligations 19.98%** | **Mortgage-backed obligations 19.98%** |
| **Commercial mortgage-backed securities 11.20%** |  |  |
| 3650R Commercial Mortgage Trust, Series 2022-PF2, Class B, 5.291% 11/15/2055 <sup>(c)(j)</sup>  | 634 | 621 |
| ALA Trust, Series 2025-OANA, Class C, (1-month USD CME Term SOFR + 2.092%) 6.392% 6/15/2030 <sup>(a)(c)(j)</sup>  | 7426 | 7444 |
| Atrium Hotel Portfolio Trust, Series 2024-ATRM, Class D, 7.679% 11/10/2029 <sup>(a)(c)(j)</sup>  | 6887 | 7000 |
| Bank5, Series 2025-5YR14, Class C, 6.463% 4/15/2058 <sup>(c)(j)</sup>  | 779 | 802 |
| Bank5, Series 2025-5YR14, Class B, 6.474% 4/15/2058 <sup>(c)(j)</sup>  | 1747 | 1864 |
| Bank Commercial Mortgage Trust, Series 2023-5YR2, Class AS, 7.14% 6/15/2028 <sup>(c)(j)</sup>  | 267 | 283 |
| Bank Commercial Mortgage Trust, Series 2022-BNK44, Class B, 5.746% 11/15/2032 <sup>(c)(j)</sup>  | 556 | 564 |
| Bank Commercial Mortgage Trust, Series 2022-BNK44, Class C, 5.746% 11/15/2032 <sup>(c)(j)</sup>  | 500 | 490 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class B, 6.148% 2/15/2056 <sup>(c)(j)</sup>  | 375 | 390 |
| Bank Commercial Mortgage Trust, Series 2023-BNK45, Class C, 6.489% 2/15/2056 <sup>(c)(j)</sup>  | 102 | 104 |
| Bank Commercial Mortgage Trust, Series 2023-5YR1, Class B, 6.41% 3/15/2056 <sup>(c)(j)</sup>  | 400 | 417 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class C, 6.774% 8/15/2056 <sup>(c)(j)</sup>  | 493 | 518 |
| Bank Commercial Mortgage Trust, Series 2023-BNK46, Class B, 6.774% 8/15/2056 <sup>(c)(j)</sup>  | 380 | 407 |
| Bank Commercial Mortgage Trust, Series 2023-5YR4, Class B, 7.605% 12/15/2056 <sup>(c)(j)</sup>  | 598 | 644 |
| Bank Commercial Mortgage Trust, Series 2024-5YR9, Class C, 6.419% 8/15/2057 <sup>(c)(j)</sup>  | 182 | 187 |
| Bank Commercial Mortgage Trust, Series 2024-5YR9, Class B, 6.483% 8/15/2057 <sup>(c)(j)</sup>  | 3265 | 3405 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class B, 6.322% 11/15/2057 <sup>(c)(j)</sup>  | 1972 | 2056 |
| Bank Commercial Mortgage Trust, Series 2024-5YR11, Class C, 6.322% 11/15/2057 <sup>(c)(j)</sup>  | 629 | 638 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class B, 6.277% 12/15/2057 <sup>(c)(j)</sup>  | 3644 | 3792 |
| Bank Commercial Mortgage Trust, Series 2024-5YR12, Class C, 6.50% 12/15/2057 <sup>(c)(j)</sup>  | 1961 | 1998 |
| Bank Commercial Mortgage Trust, Series 2019-BN18, Class C, 4.211% 5/15/2062 <sup>(c)(j)</sup>  | 500 | 420 |
| Barclays Commercial Mortgage Securities, LLC, Series 2018-TALL, Class A, ((1-month USD CME Term SOFR + <br> 0.047%) + 0.872%) 5.231% 3/15/2037 <sup>(a)(c)(j)</sup>  | 1600 | 1515 |
| Barclays Commercial Mortgage Securities, LLC, Series 2022-C15, Class C, 3.931% 4/15/2055 <sup>(c)(j)</sup>  | 5684 | 4820 |
| Barclays Commercial Mortgage Securities, LLC, Series 2022-C18, Class C, 6.151% 12/15/2055 <sup>(c)(j)</sup>  | 1008 | 1027 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C19, Class AS, 6.07% 4/15/2056 <sup>(c)(j)</sup>  | 148 | 154 |
| Barclays Commercial Mortgage Securities, LLC, Series 2023-C20, Class C, 6.611% 7/15/2056 <sup>(c)(j)</sup>  | 470 | 484 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C24, Class C, 6.00% 2/15/2057 <sup>(j)</sup>  | 207 | 207 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C26, Class A5, 5.829% 5/15/2057 <sup>(j)</sup>  | 1846 | 1955 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C26, Class C, 6.00% 5/15/2057 <sup>(c)(j)</sup>  | 286 | 288 |
| Barclays Commercial Mortgage Securities, LLC, Series 24-5C27, Class B, 6.70% 7/15/2057 <sup>(c)(j)</sup>  | 2530 | 2653 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C28, Class A5, 5.403% 9/15/2057 <sup>(j)</sup>  | 4218 | 4343 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C29, Class C, 5.512% 9/15/2057 <sup>(j)</sup>  | 63 | 63 |
| Barclays Commercial Mortgage Securities, LLC, Series 24-C28, Class B, 5.894% 9/15/2057 <sup>(c)(j)</sup>  | 2670 | 2732 |
| Barclays Commercial Mortgage Securities, LLC, Series 24-C30, Class A5, 5.532% 11/15/2057 <sup>(c)(j)</sup>  | 3543 | 3676 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-C30, Class C, 5.98% 11/15/2057 <sup>(c)(j)</sup>  | 1652 | 1658 |
| Barclays Commercial Mortgage Securities, LLC, Series 2024-5C31, Class C, 5.756% 12/15/2057 <sup>(j)</sup>  | 1500 | 1503 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C33, Class C, 5.981% 3/15/2058 <sup>(c)(j)</sup>  | 2281 | 2306 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C33, Class B, 6.435% 3/15/2058 <sup>(c)(j)</sup>  | 3571 | 3740 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-5C34, Class B, 6.542% 5/15/2058 <sup>(c)(j)</sup>  | 1182 | 1244 |
| Barclays Commercial Mortgage Securities, LLC, Series 2025-C32, Class C, 6.125% 2/15/2062 <sup>(j)</sup>  | 3421 | 3475 |
| Benchmark Mortgage Trust, Series 2021-B24, Class C, 3.293% 3/15/2054 <sup>(c)(j)</sup>  | 980 | 727 |
| Benchmark Mortgage Trust, Series 2023-B38, Class AM, 6.12% 4/15/2056 <sup>(c)(j)</sup>  | 226 | 237 |
| Benchmark Mortgage Trust, Series 2024-V7, Class AS, 6.533% 6/15/2029 <sup>(j)</sup>  | 1074 | 1129 |
| Benchmark Mortgage Trust, Series 2023-V3, Class B, 6.924% 7/15/2056 <sup>(j)</sup>  | 500 | 521 |
| Benchmark Mortgage Trust, Series 2023-B40, Class B, 6.58% 12/15/2056 <sup>(c)(j)</sup>  | 893 | 944 |
| Benchmark Mortgage Trust, Series 2024-V5, Class AM, 6.417% 1/10/2057 <sup>(j)</sup>  | 403 | 420 |
| Benchmark Mortgage Trust, Series 2024-V5, Class C, 6.973% 1/10/2057 <sup>(c)(j)</sup>  | 101 | 105 |
| Benchmark Mortgage Trust, Series 2024-V8, Class B, 6.947% 7/15/2057 <sup>(c)(j)</sup>  | 1897 | 2016 |

---

---

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

---

------

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)** |  |  |
| Benchmark Mortgage Trust, Series 2024-V9, Class B, 6.466% 8/15/2057 <sup>(j)</sup>  | USD<br> 1,300<br>| $1353 |
| Benchmark Mortgage Trust, Series 2024-V10, Class B, 5.977% 9/15/2057 <sup>(c)(j)</sup>  | 3000 | 3081 |
| Benchmark Mortgage Trust, Series 2024-V12, Class B, 6.282% 12/15/2057 <sup>(c)(j)</sup>  | 5000 | 5190 |
| Benchmark Mortgage Trust, Series 2025-V15, Class B, 6.425% 6/15/2030 <sup>(c)(j)</sup>  | 1854 | 1944 |
| BLP Commercial Mortgage Trust, Series 2024-IND2, Class D, (1-month USD CME Term SOFR + 2.59%) <br> 6.902% 3/15/2041 <sup>(a)(c)(j)</sup>  | 1600 | 1601 |
| BMO Mortgage Trust, Series 2023-5C1, Class B, 6.96% 8/15/2056 <sup>(c)(j)</sup>  | 1052 | 1103 |
| BMO Mortgage Trust, Series 2023-5C1, Class C, 7.117% 8/15/2056 <sup>(c)(j)</sup>  | 403 | 417 |
| BMO Mortgage Trust, Series 2024-5C3, Class D, 4.00% 2/15/2057 <sup>(a)(j)</sup>  | 167 | 148 |
| BMO Mortgage Trust, Series 2024-5C3, Class AS, 6.286% 2/15/2057 <sup>(c)(j)</sup>  | 196 | 204 |
| BMO Mortgage Trust, Series 2024-5C5, Class B, 6.98% 2/15/2057 <sup>(c)(j)</sup>  | 2268 | 2375 |
| BMO Mortgage Trust, Series 2024-5C3, Class C, 6.859% 2/15/2057 <sup>(c)(j)</sup>  | 89 | 91 |
| BMO Mortgage Trust, Series 2024-5C5, Class C, 7.112% 2/15/2057 <sup>(c)(j)</sup>  | 2836 | 2928 |
| BMO Mortgage Trust, Series 2024-5C4, Class C, 7.019% 5/15/2057 <sup>(c)(j)</sup>  | 854 | 882 |
| BMO Mortgage Trust, Series 2024-C9, Class A5, 5.759% 7/15/2057 <sup>(j)</sup>  | 4197 | 4411 |
| BMO Mortgage Trust, Series 2024-C9, Class B, 6.561% 7/15/2057 <sup>(c)(j)</sup>  | 1897 | 2010 |
| BMO Mortgage Trust, Series 2024-5C6, Class B, 6.086% 9/15/2057 <sup>(c)(j)</sup>  | 1641 | 1683 |
| BMO Mortgage Trust, Series 2024-C10, Class A5, 5.478% 11/15/2057 <sup>(c)(j)</sup>  | 4995 | 5152 |
| BMO Mortgage Trust, Series 2024-C10, Class AS, 5.729% 11/15/2057 <sup>(c)(j)</sup>  | 396 | 407 |
| BMO Mortgage Trust, Series 2024-C10, Class C, 5.979% 11/15/2057 <sup>(c)(j)</sup>  | 1121 | 1120 |
| BMO Mortgage Trust, Series 2024-C10, Class B, 6.079% 11/15/2057 <sup>(c)(j)</sup>  | 771 | 790 |
| BMO Mortgage Trust, Series 2024-5C8, Class C, 5.744% 12/15/2057 <sup>(c)(j)</sup>  | 1495 | 1504 |
| BMO Mortgage Trust, Series 2025-C11, Class C, 6.123% 2/15/2058 <sup>(c)(j)</sup>  | 740 | 752 |
| BMP Trust, Series 2024-MF23, Class E, (1-month USD CME Term SOFR + 3.389%) 7.701% 6/15/2041 <sup>(a)(c)(j)</sup>  | 2809 | 2808 |
| BOCA Commercial Mortgage Trust, Series 2024-BOCA, Class B, (1-month USD CME Term SOFR + 2.839%) <br> 7.151% 8/15/2041 <sup>(a)(c)(j)</sup>  | 2915 | 2935 |
| BX Trust, Series 24-VLT4, Class E, (1-month USD CME Term SOFR + 2.889%) 7.218% 5/15/2029 <sup>(a)(c)(j)</sup>  | 10367 | 10335 |
| BX Trust, Series 2024-KING, Class C, (1-month USD CME Term SOFR + 1.94%) 6.252% 5/15/2034 <sup>(a)(c)(j)</sup>  | 2663 | 2666 |
| BX Trust, Series 2024-KING, Class D, (1-month USD CME Term SOFR + 2.49%) 6.801% 5/15/2034 <sup>(a)(c)(j)</sup>  | 738 | 739 |
| BX Trust, Series 2021-VOLT, Class D, (1-month USD CME Term SOFR + 1.764%) 6.076% 9/15/2036 <sup>(a)(c)(j)</sup>  | 271 | 270 |
| BX Trust, Series 2021-VOLT, Class E, (1-month USD CME Term SOFR + 2.114%) 6.426% 9/15/2036 <sup>(a)(c)(j)</sup>  | 688 | 685 |
| BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 5.302% 2/15/2039 <sup>(a)(c)(j)</sup>  | 769 | 769 |
| BX Trust, Series 2022-PSB, Class A, (1-month USD CME Term SOFR + 2.451%) 6.763% 8/15/2039 <sup>(a)(c)(j)</sup>  | 195 | 196 |
| BX Trust, Series 2024-AIRC, Class D, (1-month USD CME Term SOFR + 3.089%) 7.401% 8/15/2039 <sup>(a)(c)(j)</sup>  | 3883 | 3907 |
| BX Trust, Series 2022-PSB, Class C, (1-month USD CME Term SOFR + 3.697%) 8.009% 8/15/2039 <sup>(a)(c)(j)</sup>  | 175 | 175 |
| BX Trust, Series 2024-AIR2, Class D, (1-month USD CME Term SOFR + 2.79%) 7.102% 10/15/2041 <sup>(a)(c)(j)</sup>  | 2825 | 2839 |
| BX Trust, Series 2024-GPA2, Class A, (1-month USD CME Term SOFR + 1.542%) 5.854% 11/15/2041 <sup>(a)(c)(j)</sup>  | 2355 | 2365 |
| BX Trust, Series 2024-GPA2, Class D, (1-month USD CME Term SOFR + 2.591%) 6.903% 11/15/2041 <sup>(a)(c)(j)</sup>  | 342 | 343 |
| BX Trust, Series 2024-FNX, Class D, (1-month USD CME Term SOFR + 2.94%) 7.252% 11/15/2026 <sup>(a)(c)(j)</sup>  | 7191 | 7222 |
| BX Trust, Series 2024-GPA2, Class E, (1-month USD CME Term SOFR + 3.54%) 7.851% 11/15/2041 <sup>(a)(c)(j)</sup>  | 2044 | 2050 |
| BX Trust, Series 2025-BIO3, Class D, 7.193% 2/10/2042 <sup>(a)(c)(j)</sup>  | 7679 | 7535 |
| BX Trust, Series 2025-BIO3, Class C, 7.193% 2/10/2042 <sup>(a)(c)(j)</sup>  | 1385 | 1411 |
| BX Trust, Series 2025-VLT6, Class C, (1-month USD CME Term SOFR + 2.192%) 6.504% 3/15/2042 <sup>(a)(c)(j)</sup>  | 5373 | 5375 |
| BX Trust, Series 2025-VLT6, Class D, (1-month USD CME Term SOFR + 2.592%) 6.903% 3/15/2042 <sup>(a)(c)(j)</sup>  | 3282 | 3282 |
| BX Trust, Series 2025-GW, Class C, (1-month USD CME Term SOFR + 2.10%) 6.427% 7/15/2042 <sup>(a)(c)(j)</sup>  | 5520 | 5543 |
| BX Trust, Series 2020-VIV4, Class A, 2.843% 3/9/2044 <sup>(a)(j)</sup>  | 500 | 457 |
| BX Trust, Series 2020-VIV2, Class C, 3.66% 3/9/2044 <sup>(a)(c)(j)</sup>  | 500 | 461 |
| BX Trust, Series 2020-VIV3, Class B, 3.662% 3/9/2044 <sup>(a)(c)(j)</sup>  | 495 | 461 |
| CART, Series 2024-DFW1, Class D, (1-month USD CME Term SOFR + 3.04%) 7.368% 8/15/2026 <sup>(a)(c)(j)</sup>  | 2884 | 2884 |
| CENT Trust 2023-CITY, Series 2023-CITY, Class B, (1-month USD CME Term SOFR + 3.15%) 7.462% <br> 9/15/2028 <sup>(a)(c)(j)</sup>  | 958 | 960 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class D, 6.048% 6/10/2028 <sup>(a)(c)(j)</sup>  | 1129 | 1127 |
| Citigroup Commercial Mortgage Trust, Series 2023-SMRT, Class C, 6.048% 10/12/2040 <sup>(a)(c)(j)</sup>  | 245 | 248 |
| Citigroup Commercial Mortgage Trust, Series 2020-GC46, Class B, 3.15% 2/15/2053 <sup>(c)(j)</sup>  | 140 | 122 |
| DATA 2023-CNTR Mortgage Trust, Series 2023-CNTR, Class D, 5.919% 8/12/2043 <sup>(a)(c)(j)</sup>  | 664 | 614 |
| DC Commercial Mortgage Trust, Series 2023-DC, Class D, 7.14% 9/10/2040 <sup>(a)(c)(j)</sup>  | 1546 | 1590 |
| ELM Trust 2024, Series 2024-ELM, Class D10, 6.847% 6/10/2039 <sup>(a)(c)(j)</sup>  | 744 | 747 |
| ELM Trust 2024, Series 2024-ELM, Class D15, 6.897% 6/10/2029 <sup>(a)(c)(j)</sup>  | 669 | 672 |
| FIVE Mortgage Trust, Series 2023-V1, Class B, 6.296% 2/10/2056 <sup>(c)(j)</sup>  | 495 | 510 |
| FIVE Mortgage Trust, Series 2023-V1, Class C, 6.296% 2/10/2056 <sup>(c)(j)</sup>  | 195 | 198 |
| Fontainebleau Miami Beach Trust, Series 2024-FBLU, Class F, (1-month USD CME Term SOFR + 4.25%) <br> 8.562% 12/15/2029 <sup>(a)(c)(j)</sup>  | 4390 | 4399 |

---

---

| | |
|:---|:---|
| **173** | 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)** |  |  |
| FS Commercial Mortgage Trust, Series 2023-4SZN, Class D, 9.383% 11/10/2039 <sup>(a)(c)(j)</sup>  | USD<br> 3,655<br>| $3766 |
| Great Wolf Trust, Series 2024-WOLF, Class C, (1-month USD CME Term SOFR + 2.391%) 6.703% <br> 3/15/2039 <sup>(a)(c)(j)</sup>  | 2642 | 2654 |
| Great Wolf Trust, Series 2024-WOLF, Class D, (1-month USD CME Term SOFR + 2.89%) 7.202% <br> 3/15/2039 <sup>(a)(c)(j)</sup>  | 960 | 965 |
| GS Mortgage Securities Trust, Series 2024-70P, Class A, 5.487% 3/10/2041 <sup>(a)(c)(j)</sup>  | 670 | 674 |
| GS Mortgage Securities Trust, Series 2024-70P, Class B, 5.887% 3/10/2041 <sup>(a)(c)(j)</sup>  | 380 | 381 |
| GS Mortgage Securities Trust, Series 2024-70P, Class C, 6.287% 3/10/2041 <sup>(a)(c)(j)</sup>  | 1885 | 1876 |
| GS Mortgage Securities Trust, Series 2024-70P, Class D, 7.531% 3/6/2029 <sup>(a)(c)(j)</sup>  | 2897 | 2951 |
| GS Mortgage Securities Trust, Series 2019-GC40, Class C, 3.946% 7/10/2052 <sup>(j)</sup>  | 900 | 750 |
| GS Mortgage Securities Trust, Series 2020-GSA2, Class C, 2.989% 12/12/2053 <sup>(j)</sup>  | 2950 | 2322 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class C, (1-month USD CME Term SOFR + 2.042%) 6.354% <br> 3/15/2042 <sup>(a)(c)(j)</sup>  | 281 | 281 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class D, (1-month USD CME Term SOFR + 2.591%) 6.913% <br> 3/15/2042 <sup>(a)(c)(j)</sup>  | 1630 | 1630 |
| Hawaii Hotel Trust, Series 2025-MAUI, Class E, (1-month USD CME Term SOFR + 3.29%) 7.602% <br> 3/15/2042 <sup>(a)(c)(j)</sup>  | 2938 | 2882 |
| Hilton USA Trust, Series 2024-ORL, Class B, (1-month USD CME Term SOFR + 1.941%) 6.252% <br> 5/15/2037 <sup>(a)(c)(j)</sup>  | 2000 | 2003 |
| Hilton USA Trust, Series 2024-ORL, Class C, (1-month USD CME Term SOFR + 2.44%) 6.752% 5/15/2037 <sup>(a)(c)(j)</sup>  | 2324 | 2327 |
| Houston Galleria Mall Trust, Series 2025-HGLR, Class A, 5.644% 2/5/2045 <sup>(a)(c)(j)</sup>  | 1076 | 1106 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class C, 7.088% 5/10/2039 <sup>(a)(c)(j)</sup>  | 945 | 957 |
| HTL Commercial Mortgage Trust, Series 2024-T53, Class D, 8.198% 5/10/2039 <sup>(a)(c)(j)</sup>  | 2026 | 2066 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class E, 6.901% 1/13/2040 <sup>(a)(c)(j)</sup>  | 7070 | 7332 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class C, (1-month USD CME Term SOFR + 2.25%) 6.562% <br> 3/15/2042 <sup>(a)(c)(j)</sup>  | 6000 | 5991 |
| INTOWN Mortgage Trust, Series 2025-STAY, Class D, (1-month USD CME Term SOFR + 2.85%) 7.162% <br> 3/15/2042 <sup>(a)(c)(j)</sup>  | 6000 | 5998 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class A, (1-month USD CME Term SOFR + <br> 1.593%) 5.905% 11/15/2039 <sup>(a)(c)(j)</sup>  | 1381 | 1384 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class B, (1-month USD CME Term SOFR + <br> 1.942%) 6.254% 11/15/2039 <sup>(a)(c)(j)</sup>  | 2500 | 2505 |
| JW Commercial Mortgage Trust 2024-MRCO, Series 2024-BERY, Class C, (1-month USD CME Term SOFR + <br> 2.242%) 6.554% 11/15/2039 <sup>(a)(c)(j)</sup>  | 942 | 943 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class D, (1-month USD CME Term SOFR + 3.29%) 7.602% <br> 12/15/2039 <sup>(a)(c)(j)</sup>  | 4000 | 3993 |
| KSL Commercial Mortgage Trust, Series 2024-HT2, Class E, (1-month USD CME Term SOFR + 4.538%) 8.85% <br> 12/15/2039 <sup>(a)(c)(j)</sup>  | 5000 | 4941 |
| LV Trust, Series 2024-SHOW, Class C, 6.276% 10/10/2041 <sup>(a)(c)(j)</sup>  | 1619 | 1652 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS, 3.561% 4/15/2048 <sup>(j)</sup>  | 483 | 471 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C24, Class AS, 4.036% 5/15/2048 <sup>(c)(j)</sup>  | 508 | 506 |
| MSWF Commercial Mortgage Trust, Series 2023-1, Class B, 6.906% 5/15/2033 <sup>(c)(j)</sup>  | 410 | 438 |
| MSWF Commercial Mortgage Trust, Series 2023-1, Class C, 6.906% 5/15/2033 <sup>(c)(j)</sup>  | 283 | 290 |
| Multi Family Connecticut Avenue Securities, Series 2020-1, Class M10, (30-day Average USD-SOFR + 3.864%) <br> 8.17% 3/25/2050 <sup>(a)(c)(j)</sup>  | 1253 | 1274 |
| Multi Family Connecticut Avenue Securities, Series 2023-01, Class M7, (30-day Average USD-SOFR + 4.00%) <br> 8.305% 11/25/2053 <sup>(a)(c)(j)</sup>  | 1493 | 1551 |
| Multi Family Connecticut Avenue Securities, Series 2023-01, Class M10, (30-day Average USD-SOFR + 6.50%) <br> 10.805% 11/25/2053 <sup>(a)(c)(j)</sup>  | 4882 | 5475 |
| Multi Family Connecticut Avenue Securities, Series 2025-01, Class M1, (30-day Average USD-SOFR + 2.40%) <br> 6.705% 5/25/2055 <sup>(a)(c)(j)</sup>  | 4966 | 4981 |
| Multi Family Connecticut Avenue Securities, Series 2025-01, Class M2, (30-day Average USD-SOFR + 3.10%) <br> 7.405% 5/25/2055 <sup>(a)(c)(j)</sup>  | 1291 | 1297 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class A, 5.664% 2/10/2047 <sup>(a)(c)(j)</sup>  | 475 | 495 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class B, 5.928% 2/10/2047 <sup>(a)(c)(j)</sup>  | 456 | 473 |
| NY Commercial Mortgage Trust, Series 2025-299P, Class C, 6.172% 2/10/2047 <sup>(a)(c)(j)</sup>  | 527 | 543 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class C, (1-month USD CME Term SOFR + 1.892%) <br> 6.204% 2/15/2042 <sup>(a)(c)(j)</sup>  | 542 | 537 |
| NYC Commercial Mortgage Trust, Series 2025-3BP, Class D, (1-month USD CME Term SOFR + 2.441%) <br> 6.753% 2/15/2042 <sup>(a)(c)(j)</sup>  | 1824 | 1795 |
| SDR Commercial Mortgage Trust, Series 2024-DSNY, Class B, (1-month USD CME Term SOFR + 1.741%) <br> 6.053% 5/15/2039 <sup>(a)(c)(j)</sup>  | 486 | 484 |

---

---

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

---

------

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)** |  |  |
| SFO Commerical Mortgage Trust, Series 2021-555, Class A, (1-month USD CME Term SOFR + 1.264%) <br> 5.576% 5/15/2038 (1-month USD CME Term SOFR + 1.514% on 5/15/2026) <sup>(a)(d)(j)</sup>  | USD<br> 3,395<br>| $3382 |
| SHR Trust, Series 2024-LXRY, Class D, (1-month USD CME Term SOFR + 3.60%) 7.912% 10/15/2041 <sup>(a)(c)(j)</sup>  | 1901 | 1906 |
| StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class D, (1-month USD CME Term SOFR + <br> 1.95%) 6.262% 1/15/2039 <sup>(a)(c)(j)</sup>  | 2000 | 1975 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class D, (1-month USD CME Term SOFR + 2.591%) <br> 6.953% 3/15/2042 <sup>(a)(c)(j)</sup>  | 4894 | 4857 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class E, (1-month USD CME Term SOFR + 3.29%) <br> 7.652% 3/15/2042 <sup>(a)(c)(j)</sup>  | 6182 | 6141 |
| UBS Commercial Mortgage Trust, Series 2017-C1, Class AS, 3.724% 6/15/2050 <sup>(a)(j)</sup>  | 1915 | 1859 |
| UBS Commercial Mortgage Trust, Series 2017-C3, Class C, 4.358% 8/15/2050 <sup>(c)(j)</sup>  | 791 | 750 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-C29, Class AS, 4.013% 6/15/2048 <sup>(c)(j)</sup>  | 733 | 731 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C35, Class C, 4.176% 7/15/2048 <sup>(c)(j)</sup>  | 3000 | 2920 |
| Wells Fargo Commercial Mortgage Trust, Series 2018-C46, Class B, 4.633% 8/15/2051 <sup>(j)</sup>  | 967 | 928 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C1, Class B, 6.821% 7/15/2057 <sup>(c)(j)</sup>  | 3600 | 3764 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-C63, Class C, 6.116% 8/15/2057 <sup>(c)(j)</sup>  | 972 | 979 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class C, 6.333% 11/15/2057 <sup>(c)(j)</sup>  | 3232 | 3292 |
| Wells Fargo Commercial Mortgage Trust, Series 2024-5C2, Class B, 6.333% 11/15/2057 <sup>(c)(j)</sup>  | 903 | 936 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-5C4, Class B, 6.394% 5/15/2058 <sup>(j)</sup>  | 1033 | 1079 |
| WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%) <br> 7.101% 11/15/2027 <sup>(a)(c)(j)</sup>  | 412 | 413 |
| WSTN Trust, Series 2023-MAUI, Class B, 7.018% 7/5/2037 <sup>(a)(c)(j)</sup>  | 260 | 264 |
| WSTN Trust, Series 2023-MAUI, Class C, 7.69% 8/5/2027 <sup>(a)(c)(j)</sup>  | 148 | 150 |
| WSTN Trust, Series 2023-MAUI, Class D, 8.455% 8/5/2027 <sup>(a)(c)(j)</sup>  | 2516 | 2523 |
|  |  | 319821 |
| **Federal agency mortgage-backed obligations 6.16%** |  |  |
| Fannie Mae Pool #DA5999 5.50% 3/1/2054 <sup>(j)</sup>  | 30 | 31 |
| Fannie Mae Pool #MA5354 6.00% 5/1/2054 <sup>(j)</sup>  | 15645 | 15915 |
| Fannie Mae Pool #DB5508 5.50% 6/1/2054 <sup>(j)</sup>  | 133 | 133 |
| Fannie Mae Pool #MA5421 6.00% 7/1/2054 <sup>(j)</sup>  | 17277 | 17575 |
| Fannie Mae Pool #FS8600 6.00% 7/1/2054 <sup>(j)</sup>  | 3656 | 3745 |
| Fannie Mae Pool #DC2313 5.50% 9/1/2054 <sup>(j)</sup>  | 42 | 42 |
| Fannie Mae Pool #MA5531 5.50% 11/1/2054 <sup>(j)</sup>  | 118 | 118 |
| Fannie Mae Pool #MA5615 6.00% 2/1/2055 <sup>(j)</sup>  | 174 | 177 |
| Fannie Mae Pool #MA5647 6.00% 3/1/2055 <sup>(j)</sup>  | 56 | 57 |
| Fannie Mae Pool #MA5701 6.00% 5/1/2055 <sup>(j)</sup>  | 8167 | 8304 |
| FARM Mortgage Trust, Series 2024-1, Class B, 5.102% 10/1/2053 <sup>(a)(c)(j)</sup>  | 1365 | 1201 |
| Farmer Mac Agricultural Real Estate Trust, Series 2024-2, Class B, 5.595% 8/1/2054 <sup>(a)(c)(j)</sup>  | 954 | 849 |
| Farmer Mac Agricultural Real Estate Trust, Series 2025-1, Class A1, 5.22% 8/1/2055 <sup>(a)(c)(j)</sup>  | 10000 | 10078 |
| Freddie Mac Pool #SD4669 6.00% 10/1/2053 <sup>(j)</sup>  | 10012 | 10195 |
| Freddie Mac Pool #SD8402 6.00% 2/1/2054 <sup>(j)</sup>  | 9342 | 9508 |
| Freddie Mac Pool #SD8432 6.00% 5/1/2054 <sup>(j)</sup>  | 1044 | 1062 |
| Freddie Mac Pool #SD8438 5.50% 6/1/2054 <sup>(j)</sup>  | 33 | 33 |
| Freddie Mac Pool #RJ2527 5.50% 7/1/2054 <sup>(j)</sup>  | 1638 | 1639 |
| Freddie Mac Pool #SD6800 6.00% 8/1/2054 <sup>(j)</sup>  | 8736 | 8927 |
| Freddie Mac Pool #SD6585 5.50% 10/1/2054 <sup>(j)</sup>  | 23 | 23 |
| Freddie Mac Pool #SD8475 5.50% 11/1/2054 <sup>(j)</sup>  | 14301 | 14312 |
| Freddie Mac Pool #SD8495 6.00% 12/1/2054 <sup>(j)</sup>  | 6784 | 6900 |
| Freddie Mac Pool #SD8494 5.50% 1/1/2055 <sup>(j)</sup>  | 549 | 549 |
| Freddie Mac Pool #SD8507 6.00% 2/1/2055 <sup>(j)</sup>  | 6172 | 6276 |
| Freddie Mac Pool #SL0585 5.50% 3/1/2055 <sup>(j)</sup>  | 31 | 31 |
| Freddie Mac Pool #SD8525 6.00% 4/1/2055 <sup>(j)</sup>  | 25274 | 25699 |
| Freddie Mac Pool #RQ0022 5.50% 5/1/2055 <sup>(j)</sup>  | 928 | 928 |
| Freddie Mac Pool #SD8534 6.00% 5/1/2055 <sup>(j)</sup>  | 6700 | 6812 |
| Uniform Mortgage-Backed Security 6.00% 7/1/2055 <sup>(j)</sup>  | 24460 | 24858 |
|  |  | 175977 |

---

---

| | |
|:---|:---|
| **175** | 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)** |
| **Collateralized mortgage-backed obligations (privately originated) 2.62%** |  |  |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class M1, 4.25% 4/25/2033 <sup>(a)(c)(j)</sup>  | USD<br> 224<br>| $221 |
| Cascade Funding Mortgage Trust, Series 2023-HB12, Class A, 4.25% 4/25/2033 <sup>(a)(c)(j)</sup>  | 29 | 28 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M3, 4.00% 8/25/2034 <sup>(a)(c)(j)</sup>  | 971 | 920 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M2, 4.00% 8/25/2034 <sup>(a)(c)(j)</sup>  | 637 | 612 |
| Cascade Funding Mortgage Trust, Series 2024-HB15, Class M1, 4.00% 8/25/2034 <sup>(a)(c)(j)</sup>  | 545 | 529 |
| Cascade Funding Mortgage Trust, Series 2024-RM5, Class A, 4.00% 10/25/2054 <sup>(a)(c)(j)</sup>  | 2205 | 2159 |
| Connecticut Avenue Securities Trust, Series 2023-R01, Class 1M1, (30-day Average USD-SOFR + 2.40%) <br> 6.705% 12/25/2042 <sup>(a)(c)(j)</sup>  | 655 | 673 |
| Connecticut Avenue Securities Trust, Series 2023-R04, Class 1M2, (30-day Average USD-SOFR + 3.55%) <br> 7.855% 5/25/2043 <sup>(a)(c)(j)</sup>  | 285 | 301 |
| Finance of America Structured Securities Trust, Series 2025-PC1, Class A1, 4.50% 5/25/2075 <sup>(a)(d)(j)</sup>  | 4827 | 4649 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2015-DNA3, Class B, (30-day Average <br> USD-SOFR + 9.464%) 13.77% 4/25/2028 <sup>(c)(j)</sup>  | 1585 | 1619 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2018-DNA3, Class B2, (30-day Average <br> USD-SOFR + 7.864%) 12.17% 9/25/2048 <sup>(a)(c)(j)</sup>  | 2500 | 2892 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA1, Class B2, (30-day Average <br> USD-SOFR + 5.214%) 9.52% 1/25/2050 <sup>(a)(c)(j)</sup>  | 2000 | 2206 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA1, Class B2, (30-day Average <br> USD-SOFR + 5.364%) 9.67% 1/25/2050 <sup>(a)(c)(j)</sup>  | 2240 | 2475 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA2, Class B2, (30-day Average <br> USD-SOFR + 4.914%) 9.22% 2/25/2050 <sup>(a)(c)(j)</sup>  | 633 | 695 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA4, Class B2, (30-day Average <br> USD-SOFR + 10.114%) 14.42% 8/25/2050 <sup>(a)(c)(j)</sup>  | 6430 | 8530 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA5, Class B2, (30-day Average <br> USD-SOFR + 11.50%) 15.851% 10/25/2050 <sup>(a)(c)(j)</sup>  | 3850 | 5365 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-HQA5, Class B2, (30-day Average <br> USD-SOFR + 7.40%) 11.705% 11/25/2050 <sup>(a)(c)(j)</sup>  | 1180 | 1421 |
| Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA6, Class B2, (30-day Average <br> USD-SOFR + 5.65%) 9.955% 12/25/2050 <sup>(a)(c)(j)</sup>  | 425 | 486 |
| GS Mortgage-Backed Securities Trust, Series 2025-RPL3, Class A1, 4.10% 7/25/2065 (5.10% on <br> 6/1/2029) <sup>(a)(d)(j)</sup>  | 4873 | 4726 |
| IRV Trust, Series 2025-200P, Class A, 5.471% 3/14/2047 <sup>(a)(c)(j)</sup>  | 3089 | 3129 |
| IRV Trust, Series 2025-200P, Class B, 5.621% 3/14/2047 <sup>(a)(c)(j)</sup>  | 2750 | 2757 |
| IRV Trust, Series 2025-200P, Class C, 5.921% 3/14/2047 <sup>(a)(c)(j)</sup>  | 3273 | 3262 |
| JP Morgan Mortgage Trust, Series 2024-CES1, Class A3, 6.397% 6/25/2054 (7.397% on 3/1/2028) <sup>(a)(d)(j)</sup>  | 564 | 570 |
| JP Morgan Mortgage Trust, Series 2024-CES1, Class M1, 6.596% 6/25/2054 (7.596% on 3/1/2028) <sup>(a)(d)(j)</sup>  | 458 | 462 |
| NRZ Excess Spread Collateralized Notes, Series 2025-FHT1, Class A, 6.545% 3/25/2032 <sup>(a)(d)(j)</sup>  | 6593 | 6626 |
| Progress Residential Trust, Series 2024-SFR1, Class E1, 3.85% 2/17/2041 <sup>(a)(j)</sup>  | 1131 | 1062 |
| Progress Residential Trust, Series 2024-SFR1, Class E2, 3.85% 2/17/2041 <sup>(a)(j)</sup>  | 465 | 433 |
| Progress Residential Trust, Series 2024-SFR2, Class E1, 3.40% 4/17/2041 <sup>(a)(c)(j)</sup>  | 1073 | 991 |
| Progress Residential Trust, Series 2024-SFR2, Class E2, 3.65% 4/17/2041 <sup>(a)(c)(j)</sup>  | 449 | 414 |
| Progress Residential Trust, Series 2024-SFR3, Class E1, 4.00% 6/17/2041 <sup>(a)(j)</sup>  | 1383 | 1299 |
| Progress Residential Trust, Series 2024-SFR3, Class E2, 4.00% 6/17/2041 <sup>(a)(j)</sup>  | 534 | 497 |
| Progress Residential Trust, Series 2025-SFR1, Class D, 3.65% 2/17/2042 <sup>(a)(j)</sup>  | 1799 | 1663 |
| Progress Residential Trust, Series 2025-SFR3, Class A, 3.39% 7/17/2042 <sup>(a)(j)</sup>  | 3239 | 3052 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class C, (1-month USD CME Term SOFR + 2.45%) <br> 6.762% 10/17/2041 <sup>(a)(c)(j)</sup>  | 3333 | 3349 |
| Starwood Mortgage Residential Trust, Series 2024-SFR4, Class D, (1-month USD CME Term SOFR + 2.95%) <br> 7.262% 10/17/2041 <sup>(a)(c)(j)</sup>  | 4571 | 4617 |
| Tricon Residential Trust, Series 2023-SFR1, Class C, 5.10% 7/17/2040 <sup>(a)(j)</sup>  | 100 | 100 |
| Tricon Residential Trust, Series 2023-SFR1, Class E, 7.977% 7/17/2040 <sup>(a)(j)</sup>  | 100 | 104 |
|  |  | 74894 |
| **Total mortgage-backed obligations** |  | 570692 |
| **Asset-backed obligations 7.29%** | **Asset-backed obligations 7.29%** | **Asset-backed obligations 7.29%** |
| American Credit Acceptance Receivables Trust, Series 2023-2, Class D, 6.47% 8/13/2029 <sup>(a)(j)</sup>  | 347 | 351 |
| American Credit Acceptance Receivables Trust, Series 2023-1, Class E, 9.79% 12/12/2029 <sup>(a)</sup>  | 3225 | 3379 |
| American Credit Acceptance Receivables Trust, Series 2022-4, Class E, 10.00% 1/14/2030 <sup>(a)</sup>  | 6480 | 6708 |
| American Credit Acceptance Receivables Trust, Series 2023-4, Class E, 9.79% 8/12/2031 <sup>(a)</sup>  | 8071 | 8689 |
| American Credit Acceptance Receivables Trust, Series 2023-3, Class E, 9.54% 10/14/2031 <sup>(a)</sup>  | 8071 | 8512 |

---

---

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

---

------

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)** |
| American Credit Acceptance Receivables Trust, Series 2024-2, Class E, 7.87% 11/12/2031 <sup>(a)</sup>  | USD<br> 3,889<br>| $4017 |
| American Credit Acceptance Receivables Trust, Series 2024-1, Class E, 7.98% 11/12/2031 <sup>(a)</sup>  | 5980 | 6207 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 5.943% 2/16/2050 <sup>(a)(j)</sup>  | 774 | 789 |
| Apollo Aviation Securitization Equity Trust, Series 25-1A, Class A, 6.576% 2/16/2050 <sup>(a)(j)</sup>  | 369 | 373 |
| Avant Credit Card Master Trust, Series 2024-2A, Class D, 8.98% 5/15/2029 <sup>(a)(j)</sup>  | 5000 | 5003 |
| Avant Credit Card Master Trust, Series 2024-2A, Class E, 13.41% 5/15/2029 <sup>(a)(j)</sup>  | 4750 | 4824 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2022-5, Class B, 7.09% 4/20/2027 <sup>(a)(j)</sup>  | 553 | 559 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-3A, Class B, 6.12% 2/22/2028 <sup>(a)(j)</sup>  | 100 | 102 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-3A, Class C, 7.05% 2/22/2028 <sup>(a)(j)</sup>  | 187 | 191 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-4A, Class D, 7.31% 6/20/2029 <sup>(a)</sup>  | 578 | 587 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-6A, Class D, 7.37% 12/20/2029 <sup>(a)</sup>  | 997 | 1015 |
| Avis Budget Rental Car Funding (AESOP), LLC, Series 2023-8A, Class D, 7.52% 2/20/2030 <sup>(a)</sup>  | 1541 | 1572 |
| Babson CLO, Ltd., Series 2021-1, Class D, (3-month USD CME Term SOFR + 3.162%) 7.443% 4/25/2034 <sup>(a)(c)(j)</sup>  | 1000 | 1002 |
| Battalion CLO, Ltd., Series 2018-12A, Class DRR, (3-month USD CME Term SOFR + 2.60%) 6.924% <br> 5/17/2031 <sup>(a)(c)(j)</sup>  | 6944 | 6924 |
| Blue Owl Asset Leasing Trust, Series 2024-1A, Class C, 6.38% 1/15/2031 <sup>(a)(j)</sup>  | 139 | 141 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class C, 5.65% 4/16/2029 <sup>(j)</sup>  | 271 | 273 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-1, Class D, 6.03% 11/15/2029 <sup>(j)</sup>  | 527 | 536 |
| Bridgecrest Lending Auto Securitization Trust, Series 2024-3, Class D, 5.83% 5/15/2030 <sup>(j)</sup>  | 864 | 882 |
| Business Jet Securities, LLC, Series 2024-2A, Class A, 5.346% 9/15/2039 <sup>(a)(j)</sup>  | 613 | 616 |
| Castlelake Aircraft Securitization Trust, Series 2025-1A, Class A, 5.783% 2/15/2050 <sup>(a)(j)</sup>  | 1251 | 1270 |
| CCG Receivables Trust, Series 2025-1, Class D, 5.28% 10/14/2032 <sup>(a)(j)</sup>  | 160 | 162 |
| CFG Investments, Ltd., Series 2025-1, Class A, 6.47% 3/25/2036 <sup>(a)(j)</sup>  | 4839 | 4892 |
| CFG Investments, Ltd., Series 2025-1, Class B, 9.16% 3/25/2036 <sup>(a)(j)</sup>  | 477 | 486 |
| CFG Investments, Ltd., Series 2025-1, Class C, 12.72% 3/25/2036 <sup>(a)(j)</sup>  | 400 | 404 |
| CPS Auto Receivables Trust, Series 2024-A, Class C, 5.74% 4/15/2030 <sup>(a)(j)</sup>  | 100 | 101 |
| CPS Auto Receivables Trust, Series 2024-A, Class D, 6.13% 4/15/2030 <sup>(a)(j)</sup>  | 100 | 102 |
| CPS Auto Receivables Trust, Series 2022-D, Class E, 12.12% 6/17/2030 <sup>(a)(j)</sup>  | 3000 | 3329 |
| CPS Auto Trust, Series 2024-A, Class E, 8.42% 8/15/2031 <sup>(a)(j)</sup>  | 700 | 727 |
| CPS Auto Trust, Series 2024-C, Class E, 8.04% 3/15/2032 <sup>(a)(j)</sup>  | 4350 | 4491 |
| Credit Acceptance Auto Loan Trust, Series 2023-3, Class B, 7.09% 10/17/2033 <sup>(a)(j)</sup>  | 118 | 121 |
| Credit Acceptance Auto Loan Trust, Series 2023-3, Class C, 7.62% 12/15/2033 <sup>(a)(j)</sup>  | 136 | 141 |
| Crockett Partners Equipment Co. II, LLC, Series 2024-1C, Class A, 6.05% 1/20/2031 <sup>(a)(j)</sup>  | 547 | 554 |
| DriveTime Auto Owner Trust, Series 2023-3, Class C, 6.40% 5/15/2029 <sup>(a)(j)</sup>  | 260 | 264 |
| DriveTime Auto Owner Trust, Series 2023-3, Class D, 7.12% 5/15/2029 <sup>(a)(j)</sup>  | 269 | 280 |
| EquipmentShare, Series 2024-2M, Class B, 6.43% 12/20/2032 <sup>(a)(j)</sup>  | 1797 | 1823 |
| EquipmentShare, Series 2025-1M, Class B, 5.31% 9/26/2033 <sup>(a)</sup>  | 1188 | 1197 |
| EquipmentShare, Series 2025-1M, Class A, 5.48% 9/26/2033 <sup>(a)</sup>  | 5248 | 5286 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class B, 5.24% 5/15/2029 <sup>(a)(j)</sup>  | 246 | 248 |
| Evergreen Credit Card Trust, Series 2025-CRT5, Class C, 5.53% 5/15/2029 <sup>(a)(j)</sup>  | 172 | 174 |
| Exeter Automobile Receivables Trust, Series 2023-2A, Class E, 9.75% 11/15/2030 <sup>(a)(j)</sup>  | 2212 | 2393 |
| Exeter Automobile Receivables Trust, Series 2024-4A, Class D, 5.81% 12/16/2030 <sup>(j)</sup>  | 559 | 571 |
| Exeter Automobile Receivables Trust, Series 2023-3A, Class E, 9.98% 1/15/2031 <sup>(a)(j)</sup>  | 1014 | 1104 |
| Exeter Automobile Receivables Trust, Series 2023-4A, Class E, 9.57% 2/18/2031 <sup>(a)(j)</sup>  | 1100 | 1204 |
| Exeter Automobile Receivables Trust, Series 2023-5A, Class E, 9.58% 6/16/2031 <sup>(a)(j)</sup>  | 1351 | 1472 |
| Exeter Automobile Receivables Trust, Series 2024-1, Class E, 7.89% 8/15/2031 <sup>(a)(j)</sup>  | 1170 | 1222 |
| Ford Credit Floorplan Master Owner Trust, Series 2023-1, Class D, 6.62% 5/15/2028 <sup>(a)(j)</sup>  | 584 | 589 |
| Fortress Credit BSL, Ltd., Series 2019-2A, Class DR, (3-month USD CME Term SOFR + 2.85%) 7.119% <br> 10/20/2032 <sup>(a)(c)(j)</sup>  | 2820 | 2825 |
| Fortress Credit BSL, Ltd., CLO, Series 2023-1A, Class BR, (3-month USD CME Term SOFR + 1.85%) 6.164% <br> 4/23/2036 <sup>(a)(c)</sup>  | 3318 | 3318 |
| GLS Auto Receivables Trust, Series 2023-3, Class D, 6.44% 5/15/2029 <sup>(a)(j)</sup>  | 68 | 70 |
| GLS Auto Receivables Trust, Series 2024-1, Class D, 5.95% 12/17/2029 <sup>(a)(j)</sup>  | 397 | 405 |
| GLS Auto Receivables Trust, Series 2023-3, Class E, 9.27% 8/15/2030 <sup>(a)(j)</sup>  | 950 | 1026 |
| GLS Auto Receivables Trust, Series 2023-4, Class E, 9.72% 8/15/2030 <sup>(a)(j)</sup>  | 1010 | 1108 |
| GLS Auto Receivables Trust, Series 2024-2, Class E, 7.98% 5/15/2031 <sup>(a)(j)</sup>  | 1170 | 1222 |
| GLS Auto Receivables Trust, Series 2024-4A, Class E, 7.51% 8/15/2031 <sup>(a)(j)</sup>  | 1596 | 1649 |
| Hertz Vehicle Financing III, LLC, Series 2023-3, Class B, 6.53% 2/25/2028 <sup>(a)(j)</sup>  | 203 | 206 |
| Hertz Vehicle Financing III, LLC, Series 2023-3, Class C, 7.26% 2/25/2028 <sup>(a)(j)</sup>  | 300 | 305 |
| Hertz Vehicle Financing III, LLC, Series 2022-2, Class D, 5.16% 6/26/2028 <sup>(a)(j)</sup>  | 478 | 457 |
| Hertz Vehicle Financing III, LLC, Series 2023-4, Class B, 6.73% 3/25/2030 <sup>(a)(j)</sup>  | 233 | 242 |
| Hertz Vehicle Financing, LLC, Series 2024-1A, Class D, 9.22% 1/25/2029 <sup>(a)(j)</sup>  | 250 | 256 |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class C, 6.03% 9/25/2029 <sup>(a)(j)</sup>  | 3298 | 3314 |

---

---

| | |
|:---|:---|
| **177** | 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)** |
| Hertz Vehicle Financing, LLC, Series 2025-1A, Class D, 7.98% 9/25/2029 <sup>(a)(j)</sup>  | USD<br> 1,414<br>| $1413 |
| Hertz Vehicle Financing, LLC, Series 2024-2A, Class D, 9.41% 1/27/2031 <sup>(a)(j)</sup>  | 250 | 257 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class C, 6.40% 9/25/2031 <sup>(a)(j)</sup>  | 3831 | 3816 |
| Hertz Vehicle Financing, LLC, Series 2025-2A, Class D, 8.34% 9/25/2031 <sup>(a)(j)</sup>  | 1310 | 1286 |
| Hertz Vehicle Financing, LLC, Series 2025-4A, Class C, 6.48% 12/26/2031 <sup>(a)</sup>  | 453 | 458 |
| Horizon Aircraft Finance, Series 2024-1, Class A, 5.375% 9/15/2049 <sup>(a)(j)</sup>  | 839 | 841 |
| Invitation Homes Trust, Series 2024-SFR1, Class F, 4.50% 9/17/2041 <sup>(a)(j)</sup>  | 3572 | 3298 |
| Invitation Homes Trust, Series 2024-SFR1, Class E, 4.50% 9/17/2041 <sup>(a)(j)</sup>  | 2034 | 1930 |
| LAD Auto Receivables Trust, Series 2023-1, Class C, 6.18% 12/15/2027 <sup>(a)(j)</sup>  | 273 | 275 |
| Mission Lane Credit Card Master Trust, Series 2023-B, Class C, 10.44% 11/15/2028 <sup>(a)(j)</sup>  | 6312 | 6320 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class D, 10.12% 8/15/2029 <sup>(a)(j)</sup>  | 4000 | 4040 |
| Mission Lane Credit Card Master Trust, Series 2024-A, Class E, 13.69% 8/15/2029 <sup>(a)(j)</sup>  | 5000 | 5095 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class A, 5.06% 9/15/2031 <sup>(a)</sup>  | 4663 | 4666 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class B, 5.89% 9/15/2031 <sup>(a)</sup>  | 1326 | 1329 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class C, 6.13% 9/15/2031 <sup>(a)</sup>  | 854 | 856 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class D, 6.47% 9/15/2031 <sup>(a)</sup>  | 953 | 955 |
| Mission Lane Credit Card Master Trust, Series 2025-B, Class F, 12.39% 9/15/2031 <sup>(a)</sup>  | 5000 | 5011 |
| Navient Education Loan Trust, Series 2025-A, Class C, 5.53% 7/15/2055 <sup>(a)</sup>  | 1083 | 1089 |
| Navient Education Loan Trust, Series 2025-A, Class D, 6.03% 7/15/2055 <sup>(a)</sup>  | 859 | 865 |
| New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class B1, 2.41% 10/20/2061 <sup>(a)(j)</sup>  | 3473 | 3189 |
| Ocean Trails CLO, Series 2021-11A, Class DR, (3-month USD CME Term SOFR + 3.10%) 7.369% <br> 7/20/2034 <sup>(a)(c)(j)</sup>  | 3000 | 2994 |
| OnDeck Asset Securitization Trust, LLC, Series 2023-1A, Class B, 8.25% 8/19/2030 <sup>(a)(j)</sup>  | 273 | 275 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class B, 7.15% 6/17/2031 <sup>(a)(j)</sup>  | 545 | 554 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-1, Class C, 8.99% 6/17/2031 <sup>(a)(j)</sup>  | 316 | 324 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class B, 5.42% 10/17/2031 <sup>(a)(j)</sup>  | 265 | 264 |
| OnDeck Asset Securitization Trust, LLC, Series 2024-2A, Class C, 7.03% 10/17/2031 <sup>(a)(j)</sup>  | 343 | 342 |
| Orion CLO, Ltd., Series 2023-1, Class C, (3-month USD CME Term SOFR + 3.25%) 7.532% 10/25/2036 <sup>(a)(c)(j)</sup>  | 467 | 469 |
| Orion CLO, Ltd., Series 2023-1, Class D, (3-month USD CME Term SOFR + 5.15%) 9.432% 10/25/2036 <sup>(a)(c)(j)</sup>  | 378 | 380 |
| Palmer Square Loan Funding, Ltd., Series 2024-2A, Class C, (3-month USD CME Term SOFR + 2.50%) 6.756% <br> 1/15/2033 <sup>(a)(c)(j)</sup>  | 1608 | 1601 |
| Prestige Auto Receivables Trust, Series 2023-1, Class D, 6.33% 4/16/2029 <sup>(a)(j)</sup>  | 543 | 550 |
| Prestige Auto Receivables Trust, Series 2024-1, Class E, 7.94% 4/15/2031 <sup>(a)(j)</sup>  | 512 | 530 |
| RAD CLO, Ltd., Series 2020-7, Class CR, (3-month USD CME Term SOFR + 2.60%) 6.88% 4/17/2036 <sup>(a)(c)(j)</sup>  | 2500 | 2501 |
| RAD CLO, Ltd., Series 2023-20, Class D, (3-month USD CME Term SOFR + 5.00%) 9.269% 7/20/2036 <sup>(a)(c)(j)</sup>  | 250 | 250 |
| Santander Drive Auto Receivables Trust, Series 2022-7, Class C, 6.69% 3/17/2031 <sup>(j)</sup>  | 149 | 152 |
| SCF Equipment Trust, LLC, Series 2025-1A, Class D, 5.88% 11/20/2035 <sup>(a)(j)</sup>  | 433 | 447 |
| SMB Private Education Loan Trust, Series 2021-A, Class D1, 3.86% 1/15/2053 <sup>(a)(j)</sup>  | 213 | 194 |
| SMB Private Education Loan Trust, Series 2021-A, Class D2, 3.86% 1/15/2053 <sup>(a)(j)</sup>  | 102 | 92 |
| SMB Private Education Loan Trust, Series 2023-A, Class B, 5.88% 1/15/2053 <sup>(a)(j)</sup>  | 415 | 425 |
| SMB Private Education Loan Trust, Series 2025-A, Class A1A, 5.13% 4/15/2054 <sup>(a)</sup>  | 4987 | 5050 |
| SMB Private Education Loan Trust, Series 2024-A, Class D, 8.22% 3/15/2056 <sup>(a)(j)</sup>  | 4935 | 5179 |
| SMB Private Education Loan Trust, Series 2023-B, Class D, 7.56% 10/16/2056 <sup>(a)(j)</sup>  | 1000 | 1027 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class CRR, (3-month USD CME Term SOFR + 1.80%) 6.056% <br> 7/15/2032 <sup>(a)(c)(j)</sup>  | 2846 | 2839 |
| Steele Creek CLO, Ltd., Series 2019-2A, Class DR, (3-month USD CME Term SOFR + 2.80%) 7.056% <br> 7/15/2032 <sup>(a)(c)(j)</sup>  | 2230 | 2201 |
| Subway Funding, LLC, Series 2024-3, Class A2I, 5.246% 7/30/2054 <sup>(a)(j)</sup>  | 1268 | 1263 |
| Subway Funding, LLC, Series 2024-3A, Class A2II, 5.566% 7/30/2054 <sup>(a)(j)</sup>  | 1496 | 1495 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class A, 6.43% 7/23/2050 <sup>(a)</sup>  | 2683 | 2683 |
| Textainer Marine Containers, Ltd., Series 2025-1H, Class B, 8.06% 7/23/2050 <sup>(a)</sup>  | 4698 | 4697 |
| United Auto Credit Securitization Trust, Series 2024-1, Class D, 8.30% 11/12/2029 <sup>(a)(j)</sup>  | 3000 | 3070 |
| Vibrant CLO, Ltd., Series 2021-12, Class BR, (3-month USD CME Term SOFR + 2.50%) 6.769% 4/20/2034 <sup>(a)(c)(j)</sup>  | 2287 | 2291 |
| Vibrant CLO, Ltd., Series 2021-12, Class C1R, (3-month USD CME Term SOFR + 3.75%) 8.019% <br> 4/20/2034 <sup>(a)(c)(j)</sup>  | 2422 | 2429 |
| Vibrant CLO, Ltd., Series 2018-9RA, Class C1, (3-month USD CME Term SOFR + 1.82%) 6.139% <br> 4/20/2037 <sup>(a)(c)(j)</sup>  | 471 | 471 |
|  |  | 208290 |

---

---

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

---

------

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 0.64%** | **U.S. Treasury bonds & notes 0.64%** | **U.S. Treasury bonds & notes 0.64%** |
| **U.S. Treasury 0.64%** |  |  |
| U.S. Treasury 3.875% 6/15/2028 <sup>(k)</sup>  | USD<br> 14,568<br>| $14645 |
| U.S. Treasury 4.00% 5/31/2030  | 3602 | 3637 |
|  |  | 18282 |
| **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  | 440 | 441 |
| **Puerto Rico 0.04%** |  |  |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(i)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.25% 7/1/2018 <sup>(i)</sup>  | 10 | 5 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2018 <sup>(i)</sup>  | 45 | 25 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, 5.50% 7/1/2020 <sup>(i)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2021 <sup>(i)</sup>  | 95 | 52 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-AAA, 5.25% 7/1/2021 <sup>(i)</sup>  | 135 | 74 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-DDD, 5.00% 7/1/2023 <sup>(i)</sup>  | 110 | 60 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2023 <sup>(i)</sup>  | 10 | 5 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.00% 7/1/2024 <sup>(i)</sup>  | 35 | 19 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.625% 7/1/2025 <sup>(i)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 4.75% 7/1/2026 <sup>(i)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2026 <sup>(i)</sup>  | 5 | 3 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.25% 7/1/2026 <sup>(i)</sup>  | 195 | 107 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.25% 7/1/2026 <sup>(i)</sup>  | 10 | 6 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 4.75% 7/1/2027 <sup>(i)</sup>  | 30 | 16 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 4.80% 7/1/2028 <sup>(i)</sup>  | 110 | 60 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.00% 7/1/2028 <sup>(i)</sup>  | 30 | 16 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(i)</sup>  | 80 | 44 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.25% 7/1/2033 <sup>(i)</sup>  | 310 | 170 |
| Electric Power Auth., Power Rev. Bonds, Series 2013-A, 6.75% 7/1/2036 <sup>(i)</sup>  | 160 | 88 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2037 <sup>(i)</sup>  | 30 | 16 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(i)</sup>  | 175 | 96 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(i)</sup>  | 45 | 25 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, Assured Guaranty Municipal insured, 3.469% <br>7/1/2017 <sup>(d)(i)</sup>  | 130 | 71 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(i)</sup>  | 35 | 19 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2022 <sup>(i)</sup>  | 325 | 178 |
|  |  | 1167 |
| **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)(i)</sup>  | 187 | 141 |
| Total municipals |  | 1749 |
| **Total bonds, notes & other debt instruments** (cost: $2,757,208,000) |  | 2780286 |
| Common stocks 0.06% | Shares |  |
| **Consumer discretionary 0.04%** |  |  |
| Aimbridge Topco, LLC <sup>(h)(l)</sup>  | 17246 | 1298 |
| Party City Holdco, Inc. <sup>(a)(h)</sup>  | 37 | — <br><sup>(m)</sup><br>|
| Party City Holdco, Inc. <sup>(h)</sup>  | 3715 | — <br><sup>(m)</sup><br>|
|  |  | 1298 |

---

---

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

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

---

| | | |
|:---|:---|:---|
| Common stocks (continued) | Shares | Value<br> (000)<br>|
| **Energy 0.01%** |  |  |
| New Fortress Energy, Inc., Class A  | 96197 | $319 |
| **Information technology 0.01%** |  |  |
| Diebold Nixdorf, Inc. <sup>(l)</sup>  | 3082 | 171 |
| **Materials 0.00%** |  |  |
| Venator Materials PLC <sup>(h)(l)</sup>  | 90 | — <br><sup>(m)</sup><br>|
| **Total common stocks** (cost: $3,137,000) |  | 1788 |
| Short-term securities 3.51% |  |  |
| **Money market investments 3.51%** | **Money market investments 3.51%** | **Money market investments 3.51%** |
| Capital Group Central Cash Fund 4.35% <sup>(n)(o)</sup>  | 1002414 | 100241 |
| **Total short-term securities** (cost: $100,223,000) |  | 100241 |
| Options purchased (equity style) 0.00% |  |  |
| Options purchased (equity style)\* |  | 79 |
| Total options purchased (equity style) (cost: $70,000) |  | 79 |
| **Total investment securities** 100.89% (cost: $2,860,638,000) |  | 2882394 |

---

---

| | |
|:---|:---|
| Other assets less liabilities (0.89)% | (25356)<br>|
| **Net assets 100.00%** | $2857038 |

---

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

------

**Options on futures** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | &nbsp;&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>6/30/2025 <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; 198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12/11/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD<br> 98.00<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD<br> 495<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $79 |

---

**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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 911 | 9/30/2025 | USD189,509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $797 |
| 5 Year U.S. Treasury Note Futures | Long | 1172 | 9/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 127748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1363 |
| 10 Year U.S. Treasury Note Futures | Long | 516 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 870 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 706 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (80671)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1280)<br>|
| 30 Year U.S. Treasury Bond Futures | Long | 146 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 614 |
| 30 Year Ultra U.S. Treasury Bond Futures | Short | 327 | 9/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (38954)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1249)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1115 |

---

---

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

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

**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 6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| EUR | 1964 | USD | 1674 | HSBC Bank | 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8 |
| USD | 1897 | EUR | 1674 | BNP Paribas | 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (75)<br>|
| EUR | 1000 | USD | 875 | BNP Paribas | 7/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31 |
| USD | 16137 | EUR | 14029 | Bank of America | 7/16/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (404)<br>|
| USD | 2085 | EUR | 1790 | HSBC Bank | 7/25/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27)<br>|
| USD | 1969 | EUR | 1674 | HSBC Bank | 8/11/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(474)<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>6/30/2025 <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 6/30/2025 <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>6/30/2025 <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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000) |
| 5.0615% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/29/2025 | USD39,000 | &nbsp;&nbsp;&nbsp;&nbsp; $57 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $57 |
| 4.834% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/19/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 13500 | &nbsp;&nbsp;&nbsp;&nbsp; 189 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 189 |
| 4.071% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 80000 | &nbsp;&nbsp;&nbsp;&nbsp; 407 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 407 |
| 4.161% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/26/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 261 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 261 |
| 4.103% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/23/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 1298 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1298 |
| 4.692% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/29/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 16200 | &nbsp;&nbsp;&nbsp;&nbsp; 642 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 642 |
| 4.077% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/23/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 83000 | &nbsp;&nbsp;&nbsp;&nbsp; 2302 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2302 |
| SOFR | Annual | 3.7695% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/30/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 17000 | &nbsp;&nbsp;&nbsp;&nbsp; (266)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (266)<br>|
| 4.0685% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/23/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 820 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 820 |
| 4.6415% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/29/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 19500 | &nbsp;&nbsp;&nbsp;&nbsp; 1454 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1454 |
| 4.407% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/3/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 174 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 174 |
| SOFR | Annual | 3.456% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 1/2/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 55000 | &nbsp;&nbsp;&nbsp;&nbsp; 628 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 628 |
| SOFR | Annual | 3.613% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/16/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp;&nbsp; 307 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 307 |
| SOFR | Annual | 3.617% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/21/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 55400 | &nbsp;&nbsp;&nbsp;&nbsp; 158 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 158 |
| SOFR | Annual | 3.773% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/4/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 12500 | &nbsp;&nbsp;&nbsp;&nbsp; (117)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (117)<br>|
| SOFR | Annual | 3.781% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/4/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 18200 | &nbsp;&nbsp;&nbsp;&nbsp; (182)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (182)<br>|
| SOFR | Annual | 4.075% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/23/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 9000 | &nbsp;&nbsp;&nbsp;&nbsp; (298)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (298)<br>|
| SOFR | Annual | 4.084% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 1/2/2035 | &nbsp;&nbsp;&nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp;&nbsp; (338)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (338)<br>|
| 4.5965% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/2/2038 | &nbsp;&nbsp;&nbsp;&nbsp; 2300 | &nbsp;&nbsp;&nbsp;&nbsp; 184 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 184 |
| 3.9515% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/15/2039 | &nbsp;&nbsp;&nbsp;&nbsp; 22000 | &nbsp;&nbsp;&nbsp;&nbsp; 199 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 199 |
| 4.5595% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/2/2043 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 120 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 120 |
| 3.901% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/2044 | &nbsp;&nbsp;&nbsp;&nbsp; 7200 | &nbsp;&nbsp;&nbsp;&nbsp; (61)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (61)<br>|
| SOFR | Annual | 3.364% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 5/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 10700 | &nbsp;&nbsp;&nbsp;&nbsp; 995 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 995 |
| SOFR | Annual | 3.268% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 5/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 81 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 81 |
| SOFR | Annual | 3.6455% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 10/21/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 793 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 793 |
| SOFR | Annual | 3.6675% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/9/2049 | &nbsp;&nbsp;&nbsp;&nbsp; 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 508 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 508 |
| 4.392% | Annual | SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 9/29/2053 | &nbsp;&nbsp;&nbsp;&nbsp; 4400 | &nbsp;&nbsp;&nbsp;&nbsp; 347 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 347 |
| SOFR | Annual | 3.2845% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 1/2/2054 | &nbsp;&nbsp;&nbsp;&nbsp; 11700 | &nbsp;&nbsp;&nbsp;&nbsp; 1291 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1291 |
| SOFR | Annual | 3.5625% | Annual | &nbsp;&nbsp;&nbsp;&nbsp; 12/6/2054 | &nbsp;&nbsp;&nbsp;&nbsp; 4700 | &nbsp;&nbsp;&nbsp;&nbsp; 291 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 291 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $12244 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $12244 |

---

---

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

---

------

Capital Group U.S. Multi-Sector Income ETF (continued)

**Swap contracts** (continued)

------

**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>(p)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Value at <br>6/30/2025 <sup>(q)</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 6/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 5.00% | Quarterly | CDX.NA.HY.S44 | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | USD48,690 | &nbsp;&nbsp;&nbsp;&nbsp; $3656 | &nbsp;&nbsp;&nbsp;&nbsp; $2822 | &nbsp;&nbsp;&nbsp;&nbsp; $834 |
| 1.00% | Quarterly | CDX.NA.IG.S44 | &nbsp;&nbsp;&nbsp;&nbsp; 6/20/2030 | USD7,220 | &nbsp;&nbsp;&nbsp;&nbsp; 160 | &nbsp;&nbsp;&nbsp;&nbsp; 65 | &nbsp;&nbsp;&nbsp;&nbsp; 95 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $3816 | &nbsp;&nbsp;&nbsp;&nbsp; $2887 | &nbsp;&nbsp;&nbsp;&nbsp; $929 |

---

**Investments in affiliates** <sup>(o)</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>6/30/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 3.51%** | **Short-term securities 3.51%** | **Short-term securities 3.51%** | **Short-term securities 3.51%** | **Short-term securities 3.51%** | **Short-term securities 3.51%** | **Short-term securities 3.51%** | **Short-term securities 3.51%** |
| **Money market investments 3.51%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.35% <sup>(n)</sup> | $79452 | &nbsp;&nbsp; $525507 | &nbsp;&nbsp; $504714 | &nbsp;&nbsp; $(8)<br>| &nbsp;&nbsp; $4 | &nbsp;&nbsp; $100241 | &nbsp;&nbsp; $2403 |

---

**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>|
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% <br> on 6/23/2026) <sup>(d)(g)</sup> <br>| 6/23/2023 | $996 | $1046 | 0.04<br> %<br>|
| Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% <br> on 6/22/2026) <sup>(d)(g)</sup> <br>| 6/23/2023 | 107 | 112 | 0.01 |
| Sasol Financing USA, LLC 8.75% 5/3/2029  | 4/15/2024 - 9/27/2024 | 1751 | 1685 | 0.06 |
| Stillwater Mining Co. 4.00% 11/16/2026  | 2/9/2024 - 8/9/2024 | 968 | 996 | 0.04 |
| Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + <br> 7.25%) 11.428% 9/13/2029 <sup>(b)(c)</sup> <br>| 9/12/2023 | 266 | 272 | 0.01 |
| Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + <br> 7.25%) 11.428% 9/13/2029 <sup>(b)(c)</sup> <br>| 9/12/2023 | 5 | 6 | 0.00 <br><sup>(r</sup>)<br>|
| Wells Fargo & Co. 3.90% 7/22/2032 (3-month EUR-EURIBOR + <br> 1.22% on 7/22/2031) <sup>(d)</sup> <br>| 4/28/2025 | 1716 | 1785 | 0.06 |
|  |  | $5809 | $5902 | 0.22<br> %<br>|

---

---

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

---

------

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 $1,436,738,000, which represented 50.29% of the net assets of the fund. 

<sup>(b)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $21,208,000, which represented 0.73% of the net assets of the fund. 

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

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

<sup>(e)</sup> Securities referencing LIBOR are expected to transition to an alternative reference rate by the security's next scheduled coupon reset date.

<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. The total value of all such restricted securities was $5,902,000, which represented 0.22% of the net assets of the fund. 

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

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

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

<sup>(k)</sup> All or a portion of this security was pledged as collateral. The total value of pledged collateral was $1,097,000, which represented 0.04% of the net assets of the fund. 

<sup>(l)</sup> Security did not produce income during the last 12 months.

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

<sup>(n)</sup> Rate represents the seven-day yield at 6/30/2025.

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

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

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| AMT = Alternative Minimum Tax |
| Auth. = Authority |
| CLO = Collateralized Loan Obligations |
| CME = CME Group |
| Dev. = Development |
| Dist. = District |
| EUR = Euros |
| EURIBOR = Euro Interbank Offered Rate |
| Facs. = Facilities |

---

---

| |
|:---|
| ICE = Intercontinental Exchange, Inc. |
| LIBOR = London Interbank Offered Rate |
| 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.

---

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

---

------

Financial statementsunaudited

**Statements of assets and liabilities** at June 30, 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; $2437468 | &nbsp;&nbsp;&nbsp; $5090862 | &nbsp;&nbsp;&nbsp; $43979 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 92768 | &nbsp;&nbsp;&nbsp; 403131 | &nbsp;&nbsp;&nbsp; 6777 |
| Cash | &nbsp;&nbsp;&nbsp; 105 | &nbsp;&nbsp;&nbsp; 1712 | &nbsp;&nbsp;&nbsp; 51 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2724 | &nbsp;&nbsp;&nbsp; — |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on unfunded commitments\* | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |
| Receivables for: |  |  |  |
| Sales of investments | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 235718 | &nbsp;&nbsp;&nbsp; 478 |
| Sales of fund's shares | &nbsp;&nbsp;&nbsp; 3154 | &nbsp;&nbsp;&nbsp; 4040 | &nbsp;&nbsp;&nbsp; — |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 20517 | &nbsp;&nbsp;&nbsp; 44306 | &nbsp;&nbsp;&nbsp; 547 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; 15878 | &nbsp;&nbsp;&nbsp; 18204 | &nbsp;&nbsp;&nbsp; — |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 3051 | &nbsp;&nbsp;&nbsp; 5667 | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 2572941 | &nbsp;&nbsp;&nbsp; 5806418 | &nbsp;&nbsp;&nbsp; 51832 |
| **Liabilities:** |  |  |  |
| Cash collateral pledged for forward contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2540 | &nbsp;&nbsp;&nbsp; — |
| Unrealized depreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 243 | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp; — |
| Payables for: |  |  |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 83232 | &nbsp;&nbsp;&nbsp; 608658 | &nbsp;&nbsp;&nbsp; 2025 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 524 | &nbsp;&nbsp;&nbsp; 1405 | &nbsp;&nbsp;&nbsp; 3 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; 13156 | &nbsp;&nbsp;&nbsp; 17502 | &nbsp;&nbsp;&nbsp; — |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 3051 | &nbsp;&nbsp;&nbsp; 5854 | &nbsp;&nbsp;&nbsp; — |
| Bank overdraft | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 99963 | &nbsp;&nbsp;&nbsp; 636235 | &nbsp;&nbsp;&nbsp; 2028 |
| Commitments and contingencies\* |  |  |  |
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $2472978 | &nbsp;&nbsp;&nbsp; $5170183 | &nbsp;&nbsp;&nbsp; $49804 |
| **Net assets consist of:** |  |  |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $2458694 | &nbsp;&nbsp;&nbsp; $5184766 | &nbsp;&nbsp;&nbsp; $49500 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 14284 | &nbsp;&nbsp;&nbsp; (14583)<br>| &nbsp;&nbsp;&nbsp; 304 |
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $2472978 | &nbsp;&nbsp;&nbsp; $5170183 | &nbsp;&nbsp;&nbsp; $49804 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp; $2472978 | &nbsp;&nbsp;&nbsp; $5170183 | &nbsp;&nbsp;&nbsp; $49804 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 94020 | &nbsp;&nbsp;&nbsp; 229684 | &nbsp;&nbsp;&nbsp; 1980 |
| Net asset value per share | $26.30 | $22.51 | $25.15 |
| Investment securities, at cost: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $2413537 | &nbsp;&nbsp;&nbsp; $5056747 | &nbsp;&nbsp;&nbsp; $43731 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 92756 | &nbsp;&nbsp;&nbsp; 403063 | &nbsp;&nbsp;&nbsp; 6777 |
| Cash denominated in currencies other than U.S. dollars, <br> at cost<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 42 | &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 | **184** |

---

------

Financial statements (continued)unaudited

**Statements of assets and liabilities** at June 30, 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; $48705 | &nbsp;&nbsp;&nbsp; $3357022 | &nbsp;&nbsp;&nbsp; $199870 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 342 | &nbsp;&nbsp;&nbsp; 323 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; 232 | &nbsp;&nbsp;&nbsp; 558 | &nbsp;&nbsp;&nbsp; 75 |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; 145 | &nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on open forward currency <br> contracts<br>| &nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on unfunded commitments\* | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Receivables for: |  |  |  |
| Sales of investments | &nbsp;&nbsp;&nbsp; 1535 | &nbsp;&nbsp;&nbsp; 3341 | &nbsp;&nbsp;&nbsp; — |
| Sales of fund's shares | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1600 | &nbsp;&nbsp;&nbsp; 3687 |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 420 | &nbsp;&nbsp;&nbsp; 39660 | &nbsp;&nbsp;&nbsp; 2312 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; 499 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 38 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 51639 | &nbsp;&nbsp;&nbsp; 3402573 | &nbsp;&nbsp;&nbsp; 206305 |
| **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; 577 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; 43 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Payables for: |  |  |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 318 | &nbsp;&nbsp;&nbsp; 40857 | &nbsp;&nbsp;&nbsp; 955 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp; 730 | &nbsp;&nbsp;&nbsp; 53 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; 498 | &nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp; 35 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bank overdraft | &nbsp;&nbsp;&nbsp; 284 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 1789 | &nbsp;&nbsp;&nbsp; 41605 | &nbsp;&nbsp;&nbsp; 1043 |
| Commitments and contingencies\* |  |  |  |
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $49850 | &nbsp;&nbsp;&nbsp; $3360968 | &nbsp;&nbsp;&nbsp; $205262 |
| **Net assets consist of:** |  |  |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $49500 | &nbsp;&nbsp;&nbsp; $3386398 | &nbsp;&nbsp;&nbsp; $209065 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 350 | &nbsp;&nbsp;&nbsp; (25430)<br>| &nbsp;&nbsp;&nbsp; (3803)<br>|
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $49850 | &nbsp;&nbsp;&nbsp; $3360968 | &nbsp;&nbsp;&nbsp; $205262 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp; $49850 | &nbsp;&nbsp;&nbsp; $3360968 | &nbsp;&nbsp;&nbsp; $205262 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 1980 | &nbsp;&nbsp;&nbsp; 126000 | &nbsp;&nbsp;&nbsp; 8350 |
| Net asset value per share | $25.18 | $26.67 | $24.58 |
| Investment securities, at cost: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $46006 | &nbsp;&nbsp;&nbsp; $3384169 | &nbsp;&nbsp;&nbsp; $203698 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash denominated in currencies other than U.S. dollars, <br> at cost<br>| &nbsp;&nbsp;&nbsp; 2 | &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.

---

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

---

------

Financial statements (continued)unaudited

**Statements of assets and liabilities** at June 30, 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; $1289070 | &nbsp;&nbsp;&nbsp; $712182 | &nbsp;&nbsp;&nbsp; $55119 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 65478 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Cash | &nbsp;&nbsp;&nbsp; 736 | &nbsp;&nbsp;&nbsp; 280 | &nbsp;&nbsp;&nbsp; 712 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; 3276 | &nbsp;&nbsp;&nbsp; 301 | &nbsp;&nbsp;&nbsp; 60 |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; 2217 | &nbsp;&nbsp;&nbsp; 49 | &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; — | &nbsp;&nbsp;&nbsp; — |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on unfunded commitments\* | &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; (4)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 9185 | &nbsp;&nbsp;&nbsp; 7948 | &nbsp;&nbsp;&nbsp; 333 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 251 | &nbsp;&nbsp;&nbsp; 43 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 1369958 | &nbsp;&nbsp;&nbsp; 721011 | &nbsp;&nbsp;&nbsp; 56267 |
| **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; — |
| Payables for: |  |  |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 44700 | &nbsp;&nbsp;&nbsp; 11163 | &nbsp;&nbsp;&nbsp; 204 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 264 | &nbsp;&nbsp;&nbsp; 142 | &nbsp;&nbsp;&nbsp; 7 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; 174 | &nbsp;&nbsp;&nbsp; 279 | &nbsp;&nbsp;&nbsp; 46 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 228 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Bank overdraft | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 45366 | &nbsp;&nbsp;&nbsp; 11584 | &nbsp;&nbsp;&nbsp; 257 |
| Commitments and contingencies\* |  |  |  |
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $1324592 | &nbsp;&nbsp;&nbsp; $709427 | &nbsp;&nbsp;&nbsp; $56010 |
| **Net assets consist of:** |  |  |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $1308533 | &nbsp;&nbsp;&nbsp; $706118 | &nbsp;&nbsp;&nbsp; $55694 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 16059 | &nbsp;&nbsp;&nbsp; 3309 | &nbsp;&nbsp;&nbsp; 316 |
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $1324592 | &nbsp;&nbsp;&nbsp; $709427 | &nbsp;&nbsp;&nbsp; $56010 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp; $1324592 | &nbsp;&nbsp;&nbsp; $709427 | &nbsp;&nbsp;&nbsp; $56010 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 51120 | &nbsp;&nbsp;&nbsp; 27240 | &nbsp;&nbsp;&nbsp; 2220 |
| Net asset value per share | $25.91 | $26.04 | $25.23 |
| Investment securities, at cost: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $1276955 | &nbsp;&nbsp;&nbsp; $709630 | &nbsp;&nbsp;&nbsp; $54975 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 65465 | &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; — |

---

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 | **186** |

---

------

Financial statements (continued)unaudited

**Statements of assets and liabilities** at June 30, 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; $2782153 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 100241 |
| Cash | &nbsp;&nbsp;&nbsp; 1777 |
| Cash collateral pledged for futures contracts | &nbsp;&nbsp;&nbsp; 1235 |
| Cash collateral pledged for swap contracts | &nbsp;&nbsp;&nbsp; 13996 |
| Cash denominated in currencies other than U.S. dollars | &nbsp;&nbsp;&nbsp; 16 |
| Unrealized appreciation on open forward currency contracts | &nbsp;&nbsp;&nbsp; 39 |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — |
| Unrealized appreciation on unfunded commitments\* | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>|
| Receivables for: |  |
| Sales of investments | &nbsp;&nbsp;&nbsp; 36569 |
| Sales of fund's shares | &nbsp;&nbsp;&nbsp; — |
| Dividends and interest | &nbsp;&nbsp;&nbsp; 36060 |
| Variation margin on futures contracts | &nbsp;&nbsp;&nbsp; — |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 2972086 |
| **Liabilities:** |  |
| Cash collateral pledged for forward contracts | &nbsp;&nbsp;&nbsp; — |
| Unrealized depreciation on open forward currency contracts | &nbsp;&nbsp;&nbsp; 513 |
| Bilateral swaps, at value | &nbsp;&nbsp;&nbsp; — |
| Payables for: |  |
| Purchases of investments | &nbsp;&nbsp;&nbsp; 112638 |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 882 |
| Variation margin on futures contract | &nbsp;&nbsp;&nbsp; 182 |
| Variation margin on centrally cleared swap contracts | &nbsp;&nbsp;&nbsp; 833 |
| Bank overdraft | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 115048 |
| Commitments and contingencies\* |  |
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $2857038 |
| **Net assets consist of:** |  |
| Capital paid in on shares of beneficial interest | &nbsp;&nbsp;&nbsp; $2815498 |
| Total distributable earnings (accumulated loss) | &nbsp;&nbsp;&nbsp; 41540 |
| **Net assets at June 30, 2025** | &nbsp;&nbsp;&nbsp; $2857038 |
| Shares of beneficial interest issued and outstanding <br>(no stated par value) — unlimited shares authorized<br>|  |
| Net assets | &nbsp;&nbsp;&nbsp; $2857038 |
| Shares outstanding | &nbsp;&nbsp;&nbsp; 103620 |
| Net asset value per share | $27.57 |
| Investment securities, at cost: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; $2760415 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 100223 |
| Cash denominated in currencies other than U.S. dollars, at cost | &nbsp;&nbsp;&nbsp; 16 |

---

---

| | |
|:---|:---|
| \* | Refer to Note 5 for further information on unfunded commitments. |
| <sup>†</sup> | Amount less than one thousand. |

---

Refer to the notes to financial statements.

---

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

---

------

Financial statements (continued)unaudited

**Statements of operations** for the six months ended June 30, 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; $47777 | &nbsp;&nbsp;&nbsp; $150658 | &nbsp;&nbsp;&nbsp; $46 |
| Dividends from affiliated issuers | &nbsp;&nbsp;&nbsp; 1983 | &nbsp;&nbsp;&nbsp; 13217 | &nbsp;&nbsp;&nbsp; 5 |
|  | &nbsp;&nbsp;&nbsp; 49760 | &nbsp;&nbsp;&nbsp; 163875 | &nbsp;&nbsp;&nbsp; 51 |
| Fees and expenses: |  |  |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 2661 | &nbsp;&nbsp;&nbsp; 7738 | &nbsp;&nbsp;&nbsp; 3 |
| Net investment income | &nbsp;&nbsp;&nbsp; 47099 | &nbsp;&nbsp;&nbsp; 156137 | &nbsp;&nbsp;&nbsp; 48 |
| **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; (10400)<br>| &nbsp;&nbsp;&nbsp; (19236)<br>| &nbsp;&nbsp;&nbsp; 8 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (37)<br>| &nbsp;&nbsp;&nbsp; (50)<br>| &nbsp;&nbsp;&nbsp; — <br><sup>3</sup><br>|
| In-kind redemptions | &nbsp;&nbsp;&nbsp; 1506 | &nbsp;&nbsp;&nbsp; 437 | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; (9401)<br>| &nbsp;&nbsp;&nbsp; (627)<br>| &nbsp;&nbsp;&nbsp; — |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (736)<br>| &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; (488)<br>| &nbsp;&nbsp;&nbsp; (34011)<br>| &nbsp;&nbsp;&nbsp; — |
| Currency transactions | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; (18820)<br>| &nbsp;&nbsp;&nbsp; (54197)<br>| &nbsp;&nbsp;&nbsp; 8 |
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 38352 | &nbsp;&nbsp;&nbsp; 71060 | &nbsp;&nbsp;&nbsp; 248 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp; — <br><sup>3</sup><br>|
| Futures contracts | &nbsp;&nbsp;&nbsp; 15735 | &nbsp;&nbsp;&nbsp; 5757 | &nbsp;&nbsp;&nbsp; — |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (396)<br>| &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; 404 | &nbsp;&nbsp;&nbsp; 3517 | &nbsp;&nbsp;&nbsp; — |
| Currency translations | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 54501 | &nbsp;&nbsp;&nbsp; 79973 | &nbsp;&nbsp;&nbsp; 248 |
| Net realized gain (loss) and unrealized appreciation <br> (depreciation)<br>| &nbsp;&nbsp;&nbsp; 35681 | &nbsp;&nbsp;&nbsp; 25776 | &nbsp;&nbsp;&nbsp; 256 |
| **Net increase (decrease) in net assets resulting from** <br> **operations**<br>| &nbsp;&nbsp;&nbsp; $82780 | &nbsp;&nbsp;&nbsp; $181913 | &nbsp;&nbsp;&nbsp; $304 |

---

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 | **188** |

---

------

Financial statements (continued)unaudited

**Statements of operations** for the six months ended June 30, 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; $1030 | &nbsp;&nbsp;&nbsp; $57319 | &nbsp;&nbsp;&nbsp; $3214 |
| Dividends from affiliated issuers | &nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 1080 | &nbsp;&nbsp;&nbsp; 57319 | &nbsp;&nbsp;&nbsp; 3214 |
| Fees and expenses: |  |  |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 113 | &nbsp;&nbsp;&nbsp; 3994 | &nbsp;&nbsp;&nbsp; 232 |
| Net investment income | &nbsp;&nbsp;&nbsp; 967 | &nbsp;&nbsp;&nbsp; 53325 | &nbsp;&nbsp;&nbsp; 2982 |
| **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; (72)<br>| &nbsp;&nbsp;&nbsp; (5301)<br>| &nbsp;&nbsp;&nbsp; (386)<br>|
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (1)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| In-kind redemptions | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 397 | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; 199 | &nbsp;&nbsp;&nbsp; 781 | &nbsp;&nbsp;&nbsp; (16)<br>|
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (1947)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; (33)<br>| &nbsp;&nbsp;&nbsp; 765 | &nbsp;&nbsp;&nbsp; — |
| Currency transactions | &nbsp;&nbsp;&nbsp; (24)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; (1878)<br>| &nbsp;&nbsp;&nbsp; (3358)<br>| &nbsp;&nbsp;&nbsp; (402)<br>|
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 3876 | &nbsp;&nbsp;&nbsp; (22446)<br>| &nbsp;&nbsp;&nbsp; (3518)<br>|
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp; 216 | &nbsp;&nbsp;&nbsp; 29 |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (1545)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp; (774)<br>| &nbsp;&nbsp;&nbsp; — |
| Currency translations | &nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 2416 | &nbsp;&nbsp;&nbsp; (23004)<br>| &nbsp;&nbsp;&nbsp; (3489)<br>|
| Net realized gain (loss) and unrealized appreciation <br> (depreciation)<br>| &nbsp;&nbsp;&nbsp; 538 | &nbsp;&nbsp;&nbsp; (26362)<br>| &nbsp;&nbsp;&nbsp; (3891)<br>|
| **Net increase (decrease) in net assets resulting from** <br> **operations**<br>| &nbsp;&nbsp;&nbsp; $1505 | &nbsp;&nbsp;&nbsp; $26963 | &nbsp;&nbsp;&nbsp; $(909)<br>|

---

Refer to the end of the statements of operations for footnote(s).

Refer to the notes to financial statements.

---

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

---

------

Financial statements (continued)unaudited

**Statements of operations** for the six months ended June 30, 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; $30329 | &nbsp;&nbsp;&nbsp; $11177 | &nbsp;&nbsp;&nbsp; $1015 |
| Dividends from affiliated issuers | &nbsp;&nbsp;&nbsp; 1915 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 32244 | &nbsp;&nbsp;&nbsp; 11177 | &nbsp;&nbsp;&nbsp; 1015 |
| Fees and expenses: |  |  |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 1357 | &nbsp;&nbsp;&nbsp; 782 | &nbsp;&nbsp;&nbsp; 38 |
| Net investment income | &nbsp;&nbsp;&nbsp; 30887 | &nbsp;&nbsp;&nbsp; 10395 | &nbsp;&nbsp;&nbsp; 977 |
| **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; 784 | &nbsp;&nbsp;&nbsp; (425)<br>| &nbsp;&nbsp;&nbsp; 71 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (13)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| In-kind redemptions | &nbsp;&nbsp;&nbsp; 330 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 25 |
| Futures contracts | &nbsp;&nbsp;&nbsp; 165 | &nbsp;&nbsp;&nbsp; (24)<br>| &nbsp;&nbsp;&nbsp; (4)<br>|
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; (3714)<br>| &nbsp;&nbsp;&nbsp; 296 | &nbsp;&nbsp;&nbsp; — |
| Currency transactions | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; (2448)<br>| &nbsp;&nbsp;&nbsp; (153)<br>| &nbsp;&nbsp;&nbsp; 92 |
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |  |  |
| Investments in: |  |  |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 9014 | &nbsp;&nbsp;&nbsp; 2362 | &nbsp;&nbsp;&nbsp; 35 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Futures contracts | &nbsp;&nbsp;&nbsp; 151 | &nbsp;&nbsp;&nbsp; (18)<br>| &nbsp;&nbsp;&nbsp; (12)<br>|
| Forward currency contracts | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Swap contracts | &nbsp;&nbsp;&nbsp; (709)<br>| &nbsp;&nbsp;&nbsp; (308)<br>| &nbsp;&nbsp;&nbsp; — |
| Currency translations | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp; 8460 | &nbsp;&nbsp;&nbsp; 2036 | &nbsp;&nbsp;&nbsp; 23 |
| Net realized gain (loss) and unrealized appreciation <br> (depreciation)<br>| &nbsp;&nbsp;&nbsp; 6012 | &nbsp;&nbsp;&nbsp; 1883 | &nbsp;&nbsp;&nbsp; 115 |
| **Net increase (decrease) in net assets resulting from** <br> **operations**<br>| &nbsp;&nbsp;&nbsp; $36899 | &nbsp;&nbsp;&nbsp; $12278 | &nbsp;&nbsp;&nbsp; $1092 |

---

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 | **190** |

---

------

Financial statements (continued)unaudited

**Statements of operations** for the six months ended June 30, 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; $97270 |
| Dividends from affiliated issuers | &nbsp;&nbsp;&nbsp; 2403 |
|  | &nbsp;&nbsp;&nbsp; 99673 |
| Fees and expenses: |  |
| Investment advisory services | &nbsp;&nbsp;&nbsp; 4733 |
| Net investment income | &nbsp;&nbsp;&nbsp; 94940 |
| **Net realized gain (loss) and unrealized appreciation (depreciation):** |  |
| Net realized gain (loss)<sup>2</sup> on: |  |
| Investments in: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; (1921)<br>|
| Affiliated issuers | &nbsp;&nbsp;&nbsp; (8)<br>|
| In-kind redemptions | &nbsp;&nbsp;&nbsp; 1017 |
| Futures contracts | &nbsp;&nbsp;&nbsp; 804 |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (359)<br>|
| Swap contracts | &nbsp;&nbsp;&nbsp; (16685)<br>|
| Currency transactions | &nbsp;&nbsp;&nbsp; 48 |
|  | &nbsp;&nbsp;&nbsp; (17104)<br>|
| Net unrealized appreciation (depreciation)<sup>2</sup> on: |  |
| Investments in: |  |
| Unaffiliated issuers | &nbsp;&nbsp;&nbsp; 25780 |
| Affiliated issuers | &nbsp;&nbsp;&nbsp; 4 |
| Futures contracts | &nbsp;&nbsp;&nbsp; 1115 |
| Forward currency contracts | &nbsp;&nbsp;&nbsp; (555)<br>|
| Swap contracts | &nbsp;&nbsp;&nbsp; (2180)<br>|
| Currency translations | &nbsp;&nbsp;&nbsp; 22 |
|  | &nbsp;&nbsp;&nbsp; 24186 |
| Net realized gain (loss) and unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp; 7082 |
| **Net increase (decrease) in net assets resulting from operations** | &nbsp;&nbsp;&nbsp; $102022 |

---

<sup>1</sup> For the period June 24, 2025, commencement of operations, through June 30, 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.

---

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

---

------

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** |
|  | Six months <br>ended<br>June 30, <br>2025<sup>1</sup><br>| Year ended<br>December 31, <br>2024<br>| Six months <br> ended <br>June 30, <br>2025<sup>1</sup><br>| Year ended <br>December 31, <br>2024<br>| Period ended<br>June 30, <br>2025<sup>1,2</sup> |
| **Operations:** |  |  |  |  |  |
| Net investment income | $47099 | $34549 | $156137 | $185128 | $48 |
| Net realized gain (loss) | (18820)<br>| (8842)<br>| (54197)<br>| (37734)<br>| 8 |
| Net unrealized appreciation (depreciation) | 54501 | (21692)<br>| 79973 | (81746)<br>| 248 |
| Net increase (decrease) in net assets <br> resulting from operations<br>| 82780 | 4015 | 181913 | 65648 | 304 |
| **Distributions paid to shareholders** | (41311)<br>| (33238)<br>| (113210)<br>| (143463)<br>|  |
| **Net capital share transactions** | 852033 | 1512134 | 1116600 | 2497645 | 49500 |
| **Total increase (decrease) in net assets** | 893502 | 1482911 | 1185303 | 2419830 | 49804 |
| **Net assets:** |  |  |  |  |  |
| Beginning of period | 1579476 | 96565 | 3984880 | 1565050 |  |
| End of period | $2472978 | $1579476 | $5170183 | $3984880 | $49804 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** |
|  | Six months <br> ended <br>June 30, <br>2025<sup>1</sup><br>| Period ended<br>December 31, <br>2024<sup>3</sup><br>| Six months <br> ended <br>June 30, <br>2025<sup>1</sup><br>| Year ended <br>December 31, <br>2024<br>| Six months <br> ended <br>June 30, <br>2025<sup>1</sup><br>| Period ended<br>December 31, <br>2024<sup>3</sup><br>|
| **Operations:** |  |  |  |  |  |  |
| Net investment income | $967 | $915 | $53325 | $52969 | $2982 | $1196 |
| Net realized gain (loss) | (1878)<br>| 708 | (3358)<br>| (544)<br>| (402)<br>| 8 |
| Net unrealized appreciation (depreciation) | 2416 | (247)<br>| (23004)<br>| (19983)<br>| (3489)<br>| (310)<br>|
| Net increase (decrease) in net assets <br> resulting from operations<br>| 1505 | 1376 | 26963 | 32442 | (909)<br>| 894 |
| **Distributions paid to shareholders** | (1708)<br>| (823)<br>| (49968)<br>| (49415)<br>| (2628)<br>| (1137)<br>|
| **Net capital share transactions** |  | 49500 | 717562 | 2166571 | 124247 | 84795 |
| **Total increase (decrease) in net assets** | (203)<br>| 50053 | 694557 | 2149598 | 120710 | 84552 |
| **Net assets:** |  |  |  |  |  |  |
| Beginning of period | 50053 |  | 2666411 | 516813 | 84552 |  |
| End of period | $49850 | $50053 | $3360968 | $2666411 | $205262 | $84552 |

---

Refer to the end of the statements of changes in net assets for footnote(s).

Refer to the notes to financial statements.

---

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

---

------

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** |
|  | Six months <br> ended <br>June 30, <br>2025<sup>1</sup><br>| Year ended <br>December 31, <br>2024<br>| Six months <br>ended<br>June 30, <br>2025<sup>1</sup><br>| Year ended<br>December 31, <br>2024<br>| Six months <br> ended <br>June 30, <br>2025<sup>1</sup><br>| Period ended<br>December 31, <br>2024<sup>3</sup><br>|
| **Operations:** |  |  |  |  |  |  |
| Net investment income | $30887 | $37836 | $10395 | $8648 | $977 | $839 |
| Net realized gain (loss) | (2448)<br>| (10210)<br>| (153)<br>| (269)<br>| 92 | 46 |
| Net unrealized appreciation (depreciation) | 8460 | 3101 | 2036 | (706)<br>| 23 | 110 |
| Net increase (decrease) in net assets <br> resulting from operations<br>| 36899 | 30727 | 12278 | 7673 | 1092 | 995 |
| **Distributions paid to shareholders** | (24360)<br>| (27757)<br>| (9652)<br>| (8036)<br>| (914)<br>| (857)<br>|
| **Net capital share transactions** | 437698 | 538988 | 152924 | 507840 | 21163 | 34531 |
| **Total increase (decrease) in net assets** | 450237 | 541958 | 155550 | 507477 | 21341 | 34669 |
| **Net assets:** |  |  |  |  |  |  |
| Beginning of period | 874355 | 332397 | 553877 | 46400 | 34669 |  |
| End of period | $1324592 | $874355 | $709427 | $553877 | $56010 | $34669 |

---

---

| | | |
|:---|:---|:---|
|  | **U.S. Multi-Sector** <br>**Income** <br>**ETF** | **U.S. Multi-Sector** <br>**Income** <br>**ETF** |
|  | Six months <br> ended <br>June 30, <br>2025<sup>1</sup><br>| Year ended <br>December 31, <br>2024<br>|
| **Operations:** |  |  |
| Net investment income | $94940 | $77052 |
| Net realized gain (loss) | (17104)<br>| (9679)<br>|
| Net unrealized appreciation (depreciation) | 24186 | (6619)<br>|
| Net increase (decrease) in net assets resulting <br> from operations<br>| 102022 | 60754 |
| **Distributions paid to shareholders** | (69337)<br>| (64695)<br>|
| **Net capital share transactions** | 873720 | 1575085 |
| **Total increase (decrease) in net assets** | 906405 | 1571144 |
| **Net assets:** |  |  |
| Beginning of period | 1950633 | 379489 |
| End of period | $2857038 | $1950633 |

---

<sup>1</sup> Unaudited. <br> <sup>2</sup> For the period June 24, 2025, commencement of operations, through June 30, 2025. <br> <sup>3</sup> For the period June 25, 2024, commencement of operations, through December 31, 2024.

Refer to the notes to financial statements.

---

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

---

------

Notes to financial statementsunaudited

&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 eight nondiversified exchange-traded funds: Capital Group Core Bond ETF ("Core Bond ETF"), Capital Group High Yield Bond ETF ("High Yield Bond ETF"), Capital Group International Bond ETF (USD-Hedged) ("International Bond ETF (USD-Hedged)"), Capital Group Municipal Income ETF ("Municipal Income ETF"), Capital Group Short Duration Income ETF ("Short Duration Income ETF"), Capital Group Short Duration Municipal Income ETF ("Short Duration Municipal Income ETF"), Capital Group Ultra Short Income ETF ("Ultra Short Income ETF") and Capital Group U.S. Multi-Sector Income ETF ("U.S. Multi-Sector Income ETF"), and two diversified exchange-traded funds: Capital Group Core Plus Income ETF ("Core Plus Income ETF") and Capital Group Municipal High-Income ETF ("Municipal High-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.

---

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

---

------

**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.

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

**3. Valuation**

------

Capital Research and Management Company ("CRMC"), the 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>|

---

---

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

---

------

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.

---

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

---

------

**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 June 30, 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, notes & loans  | $— | $981058 | $1659 | $982717 |
| Mortgage-backed obligations  |  | 929887 |  | 929887 |
| U.S. Treasury bonds & notes  |  | 264085 |  | 264085 |
| Asset-backed obligations  |  | 235081 |  | 235081 |
| Bonds & notes of governments & government agencies <br>outside the U.S. <br>|  | 19643 |  | 19643 |
| Municipals  |  | 725 |  | 725 |
| Short-term securities  | 92768 | 5330 |  | 98098 |
| Total | $92768 | $2435809 | $1659 | $2530236 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $12825 | $— | $— | $12825 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 263 |  | 263 |
| Unrealized appreciation on credit default swaps  |  | 135 |  | 135 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (898)<br>|  |  | (898)<br>|
| Total | $11927 | $398 | $— | $12325 |

---

\* 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  | $— | $2289934 | $— | $2289934 |
| Corporate bonds, notes & loans  |  | 1610632 | 604 | 1611236 |
| U.S. Treasury bonds & notes  |  | 757478 |  | 757478 |
| Asset-backed obligations  |  | 334125 |  | 334125 |
| Bonds & notes of governments & government agencies <br>outside the U.S. <br>|  | 93124 |  | 93124 |
| Municipals  |  | 4667 |  | 4667 |
| Common stocks  | 298 |  | —<br> \*<br>| 298 |
| Short-term securities  | 403131 |  |  | 403131 |
| Total | $403429 | $5089960 | $604 | $5493993 |

---

---

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

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **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  | $21788 | $— | $— | $21788 |
| Unrealized appreciation on open forward currency contracts  |  | 11 |  | 11 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 9430 |  | 9430 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (14355)<br>|  |  | (14355)<br>|
| Unrealized depreciation on open forward currency contracts  |  | (243)<br>|  | (243)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (4857)<br>|  | (4857)<br>|
| Unrealized depreciation on bilateral interest rate swaps  |  | (33)<br>|  | (33)<br>|
| Total | $7433 | $4308 | $— | $11741 |

---

---

| | |
|:---|:---|
| \*  | Amount less than one thousand. |
| <sup>†</sup> <br>| 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, notes & loans  | $— | $43428 | $— | $43428 |
| Convertible bonds & notes  |  | 415 |  | 415 |
| Convertible stocks  | 136 |  |  | 136 |
| Short-term securities  | 6777 |  |  | 6777 |
| Total | $6913 | $43843 | $— | $50756 |

---

**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 | $— | $14815 | $— | $14815 |
| Japanese yen |  | 5745 |  | 5745 |
| British pounds |  | 4637 |  | 4637 |
| Chinese yuan renminbi |  | 4273 |  | 4273 |
| Australian dollars |  | 1809 |  | 1809 |
| South Korean won |  | 1718 |  | 1718 |
| Malaysian ringgits |  | 1587 |  | 1587 |
| Canadian dollars |  | 1537 |  | 1537 |
| Norwegian kroner |  | 1095 |  | 1095 |
| Brazilian reais |  | 657 |  | 657 |
| Polish zloty |  | 448 |  | 448 |
| Mexican pesos |  | 167 |  | 167 |
| Turkish lira |  | 50 |  | 50 |
| U.S. dollars |  | 10058 |  | 10058 |
| Short-term securities | 13 | 109 |  | 122 |
| Total | $13 | $48705 | $— | $48718 |

---

---

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

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $143 | $— | $— | $143 |
| Unrealized appreciation on open forward currency contracts  |  | 26 |  | 26 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 7 |  | 7 |
| Unrealized appreciation on bilateral interest rate swaps  |  | 13 |  | 13 |
| Unrealized appreciation on credit default swaps  |  | 4 |  | 4 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (84)<br>|  |  | (84)<br>|
| Unrealized depreciation on open forward currency contracts  |  | (577)<br>|  | (577)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (26)<br>|  | (26)<br>|
| Unrealized depreciation on bilateral interest rate swaps  |  | (43)<br>|  | (43)<br>|
| Unrealized depreciation on centrally cleared credit default swaps  |  | (8)<br>|  | (8)<br>|
| Total | $59 | $(604)<br>| $— | $(545)<br>|

---

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

**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  | $— | $427150 | $— | $427150 |
| California  |  | 264398 |  | 264398 |
| New York  |  | 247390 |  | 247390 |
| Illinois  |  | 233087 |  | 233087 |
| Alabama  |  | 152994 |  | 152994 |
| Florida  |  | 128217 |  | 128217 |
| Colorado  |  | 114180 |  | 114180 |
| Washington  |  | 101518 |  | 101518 |
| Puerto Rico  |  | 99951 |  | 99951 |
| Pennsylvania  |  | 98262 |  | 98262 |
| Other  |  | 1347357 |  | 1347357 |
| Short-term securities  |  | 142518 |  | 142518 |
| Total | $— | $3357022 | $— | $3357022 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $693 | $— | $— | $693 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (477)<br>|  |  | (477)<br>|
| Total | $216 | $— | $— | $216 |

---

\* Futures contracts are not included in the investment portfolio.

---

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

---

------

**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  | $— | $19355 | $— | $19355 |
| Colorado  |  | 17347 |  | 17347 |
| Texas  |  | 16181 |  | 16181 |
| New York  |  | 14519 |  | 14519 |
| Puerto Rico  |  | 12681 |  | 12681 |
| Florida  |  | 11924 |  | 11924 |
| Illinois  |  | 10302 |  | 10302 |
| Arizona  |  | 9379 |  | 9379 |
| New Hampshire  |  | 7451 |  | 7451 |
| Wisconsin  |  | 6990 |  | 6990 |
| Other  |  | 63355 |  | 63355 |
| Short-term securities  |  | 10386 |  | 10386 |
| Total | $— | $199870 | $— | $199870 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $29 | $— | $— | $29 |
| Total | $29 | $— | $— | $29 |

---

\* Futures contracts are not included in the investment portfolio.

**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, notes & loans  | $— | $535354 | $2008 | $537362 |
| Mortgage-backed obligations  |  | 425270 |  | 425270 |
| Asset-backed obligations  |  | 323717 |  | 323717 |
| Bonds & notes of governments & government agencies <br>outside the U.S. <br>|  | 2221 |  | 2221 |
| Short-term securities  | 65478 | 500 |  | 65978 |
| Total | $65478 | $1287062 | $2008 | $1354548 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $2165 | $— | $— | $2165 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 2146 |  | 2146 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (1854)<br>|  |  | (1854)<br>|
| Total | $311 | $2146 | $— | $2457 |

---

\* Futures contracts and interest rate swaps are not included in the investment portfolio.

---

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

---

------

**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  | $— | $88465 | $— | $88465 |
| Texas  |  | 63866 |  | 63866 |
| New York  |  | 43357 |  | 43357 |
| Florida  |  | 33893 |  | 33893 |
| Colorado  |  | 25315 |  | 25315 |
| Illinois  |  | 23998 |  | 23998 |
| Alabama  |  | 21905 |  | 21905 |
| Washington  |  | 20690 |  | 20690 |
| Pennsylvania  |  | 20665 |  | 20665 |
| Michigan  |  | 19272 |  | 19272 |
| Other  |  | 296105 |  | 296105 |
| Short-term securities  |  | 54651 |  | 54651 |
| Total | $— | $712182 | $— | $712182 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $73 | $— | $— | $73 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (91)<br>|  |  | (91)<br>|
| Total | $(18)<br>| $— | $— | $(18)<br>|

---

\* Futures contracts are not included in the investment portfolio.

**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, notes & loans  | $— | $28324 | $— | $28324 |
| Asset-backed obligations  |  | 11916 |  | 11916 |
| Mortgage-backed obligations  |  | 3996 |  | 3996 |
| Short-term securities  |  | 10883 |  | 10883 |
| Total | $— | $55119 | $— | $55119 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | $(11)<br>| $— | $— | $(11)<br>|
| Total | $(11)<br>| $— | $— | $(11)<br>|

---

\* Futures contracts are not included in the investment portfolio.

---

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

---

------

**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, notes & loans  | $— | $1980463 | $810 | $1981273 |
| Mortgage-backed obligations  |  | 570692 |  | 570692 |
| Asset-backed obligations  |  | 208290 |  | 208290 |
| U.S. Treasury bonds & notes  |  | 18282 |  | 18282 |
| Municipals  |  | 1749 |  | 1749 |
| Common stocks  | 490 |  | 1298 | 1788 |
| Short-term securities  | 100241 |  |  | 100241 |
| Options purchased on futures (equity style)  | 79 |  |  | 79 |
| Total | $100810 | $2779476 | $2108 | $2882394 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Other investments\*** | **Other investments\*** | **Other investments\*** | **Other investments\*** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Unrealized appreciation on futures contracts  | $3644 | $— | $— | $3644 |
| Unrealized appreciation on open forward currency contracts  |  | 39 |  | 39 |
| Unrealized appreciation on centrally cleared interest rate swaps  |  | 13506 |  | 13506 |
| Unrealized appreciation on credit default swaps  |  | 929 |  | 929 |
| Liabilities: |  |  |  |  |
| Unrealized depreciation on futures contracts  | (2529)<br>|  |  | (2529)<br>|
| Unrealized depreciation on open forward currency contracts  |  | (513)<br>|  | (513)<br>|
| Unrealized depreciation on centrally cleared interest rate swaps  |  | (1262)<br>|  | (1262)<br>|
| Total | $1115 | $12699 | $— | $13814 |

---

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

**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.

---

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

---

------

**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.

**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.

---

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

---

------

**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 bonds and other lower rated debt securities, rated Ba1/BB+ or below by Nationally Recognized Statistical Rating Organizations, 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.

**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.

---

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

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**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 contracts, such as to-be-announced contracts and mortgage dollar rolls, that involve the fund selling mortgage-related securities and simultaneously contracting to repurchase similar securities for delivery at a future date at a predetermined price. This can increase a fund's market exposure, and the market price of the securities that a fund contracts to repurchase could drop below their purchase price. While a fund can preserve and generate capital through the use of such contracts by, for example, realizing the difference between the sale price and the future purchase price, the income generated by the fund may be reduced by engaging in such transactions. In addition, these transactions increase the turnover rate of a 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.

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

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**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. 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 subject a shareholder 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.

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

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**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.

**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 the fund's 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** — Each nondiversified fund has the ability to invest a larger percentage of its assets in the securities of a smaller number of issuers than a diversified fund. As a result, poor performance by a single issuer could adversely affect fund performance more than if each such fund were invested in a larger number of issuers. The fund's share price 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.

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

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**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.

**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 U.S. Multi-Sector 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 June 30, 2025, the maximum exposure from these unfunded commitments for Capital Group Core Plus Income ETF was $1,781,000 and Capital Group U.S. Multi-Sector Income ETF was $1,991,000, respectively, which would represent 0.03% for Capital Group Core Plus Income ETF and 0.07% for Capital Group U.S. Multi-Sector Income ETF respectively, of the net assets of each fund should such commitments become due. Unrealized appreciation on these unfunded commitments was less than $1,000 for Capital Group Core Plus Income ETF and Capital Group U.S. Multi-Sector Income ETF, respectively, and is disclosed as unrealized appreciation on unfunded commitments in each fund's statement of assets and liabilities. Unrealized appreciation is included in net unrealized appreciation (depreciation) on investments in unaffiliated issuers in each fund's statement of operations.

**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.

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

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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.

**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.

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

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**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 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.

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

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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):

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|:---|:---|:---|:---|:---|:---|
|  | **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; $633884 | Not applicable | &nbsp;&nbsp; $106480 | &nbsp;&nbsp; $53908 |
| Core Plus Income ETF | Not applicable | &nbsp;&nbsp; 2016223 | &nbsp;&nbsp; $10410 | &nbsp;&nbsp; 1491287 | &nbsp;&nbsp; 85,000\* |
| High Yield Bond ETF | Not applicable | Not applicable | Not applicable | Not applicable | Not applicable |
| International Bond ETF (USD-Hedged) | Not applicable | &nbsp;&nbsp; 37088 | &nbsp;&nbsp; 43443 | &nbsp;&nbsp; 51267 | &nbsp;&nbsp; 1528 |
| Municipal Income ETF | Not applicable | &nbsp;&nbsp; 119890 | Not applicable | Not applicable | Not applicable |
| Municipal High-Income ETF | Not applicable | &nbsp;&nbsp; 2738 | Not applicable | Not applicable | Not applicable |
| Short Duration Income ETF  | Not applicable | &nbsp;&nbsp; 343244 | Not applicable | &nbsp;&nbsp; 174400 | Not applicable |
| Short Duration Municipal Income ETF | Not applicable | &nbsp;&nbsp; 32317 | Not applicable | Not applicable | Not applicable |
| Ultra Short Income ETF | Not applicable | &nbsp;&nbsp; 2179 | Not applicable | Not applicable | Not applicable |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; $495 | &nbsp;&nbsp; 353141 | &nbsp;&nbsp; 13338 | &nbsp;&nbsp; 765550 | &nbsp;&nbsp; 88594 |

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\* 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 six months ended, June 30, 2025 (dollars in thousands):

**Core Bond ETF** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
| <br>**Contracts** | <br>**Risk type** | &nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** | &nbsp;&nbsp;&nbsp;&nbsp; **Location on statement of** <br>**assets and liabilities**<br>| **Value** |
| Futures | Interest | Unrealized appreciation\* | $12825 | Unrealized depreciation\* | $898 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 263 | Unrealized depreciation\* |  |
| Swap (centrally <br> cleared)<br>| Credit | Unrealized appreciation\* | 135 | Unrealized depreciation\* |  |
|  |  |  | $13223 |  | $898 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $(9401)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $15735 |
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 78 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 263 |
| Swap | Credit | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (566)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 141 |
|  |  |  | $(9889)<br>|  | $16139 |

---

Refer to the end of the table(s) for footnote(s).

---

| | |
|:---|:---|
| **211** | 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\* | $21788 | Unrealized depreciation\* | $14355 |
| Forward currency | Currency | &nbsp;&nbsp; Unrealized appreciation on open <br> forward currency contracts<br>| 11 | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on open <br> forward currency contracts<br>| 243 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 9430 | Unrealized depreciation\* | 4857 |
| Swap (bilateral) | Interest | Bilateral swaps, at value |  | Bilateral swaps, at value | 33 |
|  |  |  | $31229 |  | $19488 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $(627)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $5757 |
| Forward currency | Currency | &nbsp;&nbsp; Net realized gain (loss) on forward <br> currency contracts<br>| (736)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) forward currency <br> contracts<br>| (396)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (34011)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 3517 |
|  |  |  | $(35374)<br>|  | $8878 |

---

**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\* | $143 | Unrealized depreciation\* | $84 |
| Forward currency | Currency | &nbsp;&nbsp; Unrealized appreciation on open <br> forward currency contracts<br>| 26 | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on open <br> forward currency contracts<br>| 577 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 7 | Unrealized depreciation\* | 26 |
| Swap (bilateral) | Interest | Bilateral swaps, at value | 13 | Bilateral swaps, at value | 43 |
| Swap (centrally <br> cleared)<br>| Credit | Unrealized appreciation\* | 4 | Unrealized depreciation\* | 8 |
|  |  |  | $193 |  | $738 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $199 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $28 |
| Forward currency | Currency | &nbsp;&nbsp; Net realized gain (loss) on forward <br> currency contracts<br>| (1947)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) forward currency <br> contracts<br>| (1545)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (93)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 23 |
| Swap | Credit | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 60 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| (1)<br>|
|  |  |  | $(1781)<br>|  | $(1495)<br>|

---

Refer to the end of the table(s) for footnote(s).

---

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

---

------

**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\* | $693 | Unrealized depreciation\* | $477 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $781 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $216 |
| 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>|
|  |  |  | $1546 |  | $(558)<br>|

---

**Municipal High-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\* | $29 | 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>| $(16)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $29 |

---

**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** |
| Futures | Interest | Unrealized appreciation\* | $2165 | Unrealized depreciation\* | $1854 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 2146 | Unrealized depreciation\* |  |
|  |  |  | $4311 |  | $1854 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $165 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $151 |
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (3714)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| (709)<br>|
|  |  |  | $(3549)<br>|  | $(558)<br>|

---

Refer to the end of the table(s) for footnote(s).

---

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

---

------

**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** |
| Futures | Interest | Unrealized appreciation\* | $73 | Unrealized depreciation\* | $91 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $(24)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $(18)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| 296 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| (308)<br>|
|  |  |  | $272 |  | $(326)<br>|

---

**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** |
| Futures | Interest | Unrealized appreciation\* | $— | Unrealized depreciation\* | $11 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $(4)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| $(12)<br>|

---

**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 | $78 | Investment securities | $— |
| Futures | Interest | Unrealized appreciation\* | 3644 | Unrealized depreciation\* | 2529 |
| Forward currency | Currency | &nbsp;&nbsp; Unrealized appreciation on open <br> forward currency contracts<br>| 39 | &nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on open <br> forward currency contracts<br>| 513 |
| Swap (centrally <br> cleared)<br>| Interest | Unrealized appreciation\* | 13506 | Unrealized depreciation\* | 1262 |
| Swap (centrally <br> cleared)<br>| Credit | Unrealized appreciation\* | 929 | Unrealized depreciation\* |  |
|  |  |  | $18196 |  | $4304 |

---

Refer to the end of the table(s) for footnote(s).

---

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

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **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>| $— | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on investments<br>| $9 |
| Futures | Interest | &nbsp;&nbsp; Net realized gain (loss) on futures <br> contracts<br>| 804 | &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on futures contracts<br>| 1115 |
| Forward currency | Currency | &nbsp;&nbsp; Net realized gain (loss) on forward <br> currency contracts<br>| (359)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) forward currency <br> contracts<br>| (555)<br>|
| Swap | Interest | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (15484)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| (3228)<br>|
| Swap | Credit | &nbsp;&nbsp; Net realized gain (loss) on swap <br> contracts<br>| (1201)<br>| &nbsp;&nbsp;&nbsp;&nbsp; Net unrealized appreciation <br> &nbsp;&nbsp;&nbsp;&nbsp;(depreciation) on swap contracts<br>| 1048 |
|  |  |  | $(16240)<br>|  | $(1611)<br>|

---

\* 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.

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 June 30, 2025, if close-out netting was exercised (dollars in thousands):

---

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

---

------

**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: |  |  |  |  |  |
| HSBC Bank | &nbsp;&nbsp; $11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(11)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| Liabilities: |  |  |  |  |  |
| UBS AG | &nbsp;&nbsp; $66 | &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; $66 |
| Bank of America | &nbsp;&nbsp; 25 | &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; 25 |
| Barclays Bank PLC | &nbsp;&nbsp; 33 | &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; 33 |
| BNP Paribas | &nbsp;&nbsp; 141 | &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; 141 |
| HSBC Bank | &nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11)<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; $276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(11)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $265 |

---

**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: |  |  |  |  |  |
| Citibank | &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; $— |
| Goldman Sachs | &nbsp;&nbsp; 14 | &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; 14 |
| HSBC Bank | &nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<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; 7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)<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; 12 | &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; 7 |
| Standard Chartered Bank | &nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<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; $39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(18)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $21 |
| Liabilities: |  |  |  |  |  |
| Bank of New York | &nbsp;&nbsp; $4 | &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; $4 |
| Barclays Bank PLC | &nbsp;&nbsp; 43 | &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; 43 |
| BNP Paribas | &nbsp;&nbsp; 193 | &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; 193 |
| Citibank | &nbsp;&nbsp; 58 | &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; 57 |
| HSBC Bank | &nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32 |
| JPMorgan Chase Bank | &nbsp;&nbsp; 262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255 |
| 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; 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| UBS AG | &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 |
| Total | &nbsp;&nbsp; $620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(18)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $602 |

---

**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: |  |  |  |  |  |
| BNP Paribas | &nbsp;&nbsp; $31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(31)<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; 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)<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; $39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(39)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| Liabilities: |  |  |  |  |  |
| Bank of America | &nbsp;&nbsp; $404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(316)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $88 |
| BNP Paribas | &nbsp;&nbsp; 75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44 |
| HSBC Bank | &nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26 |
| Total | &nbsp;&nbsp; $513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(39)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(316)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $158 |

---

\* Collateral is shown on a settlement basis.

---

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

---

------

&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 period ended June 30, 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 period, 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.

Additional tax basis disclosures for each fund are as follows (dollars in thousands):

---

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

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &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>|
| **As of December 31, 2024** |  |  |  |  |  |
| Undistributed tax-exempt income | &nbsp;&nbsp; $— | $— | $— | $— | $1873 |
| Undistributed ordinary income | &nbsp;&nbsp; 221 | 1552 |  | 1750 |  |
| Undistributed long-term capital gains | &nbsp;&nbsp; — |  |  | 52 |  |
| Capital loss carryforward\* | &nbsp;&nbsp; (12913)<br>| (48856)<br>|  |  | (333)<br>|
| Capital loss carryforward utilized | &nbsp;&nbsp; — |  |  |  | 456 |
| **As of June 30, 2025** |  |  |  |  |  |
| Gross unrealized appreciation on investments | &nbsp;&nbsp; 38778 | 73479 | 258 | 2833 | 12571 |
| Gross unrealized depreciation on investments | &nbsp;&nbsp; (14318)<br>| (34799)<br>| (10)<br>| (204)<br>| (39666)<br>|
| Net unrealized appreciation (depreciation) on investments | &nbsp;&nbsp; 24460 | 38680 | 248 | 2629 | (27095)<br>|
| Cost of investments | &nbsp;&nbsp; 2518100 | 5467286 | 50508 | 46092 | 3384333 |

---

\* Each fund's capital loss carryforward will be used to offset any capital gains realized by the fund in the current year or in subsequent 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>|
| **As of December 31, 2024** |  |  |  |  |  |
| Undistributed tax-exempt income | &nbsp;&nbsp; $57 | $— | $268 | $— | $— |
| Undistributed ordinary income | &nbsp;&nbsp; — | 173 |  | 25 | 213 |
| Undistributed long-term capital gains | &nbsp;&nbsp; — |  |  | 4 |  |
| Capital loss carryforward\* | &nbsp;&nbsp; (14)<br>| (2617)<br>| (69)<br>|  | (2747)<br>|
| Capital loss carryforward utilized | &nbsp;&nbsp; — |  |  |  | 3148 |
| **As of June 30, 2025** |  |  |  |  |  |
| Gross unrealized appreciation on investments | &nbsp;&nbsp; 500 | 14585 | 3642 | 144 | 61561 |
| Gross unrealized depreciation on investments | &nbsp;&nbsp; (4325)<br>| (312)<br>| (970)<br>|  | (26648)<br>|
| Net unrealized appreciation (depreciation) on investments | &nbsp;&nbsp; (3825)<br>| 14273 | 2672 | 144 | 34913 |
| Cost of investments | &nbsp;&nbsp; 203723 | 1342733 | 709491 | 54965 | 2861848 |

---

\* Each fund's capital loss carryforward will be used to offset any capital gains realized by the fund in the current year or in subsequent 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 | **218** |

---

------

No distributions were paid to shareholders of High Yield Bond ETF during the period June 24, 2025, commencement of operations, through June 30, 2025. Distributions paid by all other funds were characterized for tax purposes as follows (dollars in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 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 | $41311 | $— | $— | $41311 | &nbsp;&nbsp; $33238 | $— | $— | $33238 |
| Core Plus <br>Income ETF<br>| 113210 |  |  | 113210 | &nbsp;&nbsp; 143463 |  |  | 143463 |
| International <br> Bond ETF <br> (USD-Hedged)<br>| 1708 |  |  | 1708 | &nbsp;&nbsp; 738 <br><sup>†</sup><br>|  | 85 <br><sup>†</sup><br>| 823 <br><sup>†</sup><br>|
| Municipal <br>Income ETF<br>| 49968 |  |  | 49968 | &nbsp;&nbsp; — | 49415 |  | 49415 |
| Municipal <br> High-Income <br> ETF<br>| 2628 |  |  | 2628 | &nbsp;&nbsp; — | 1137 <br><sup>†</sup><br>|  | 1137 <br><sup>†</sup><br>|
| Short Duration <br>Income ETF<br>| 24360 |  |  | 24360 | &nbsp;&nbsp; 27757 |  |  | 27757 |
| Short Duration <br> Municipal <br> Income ETF<br>| 9652 |  |  | 9652 | &nbsp;&nbsp; — | 8036 |  | 8036 |
| Ultra Short <br> Income ETF<br>| 914 |  |  | 914 | &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>| 69337 |  |  | 69337 | &nbsp;&nbsp; 64695 |  |  | 64695 |

---

<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.

---

| | |
|:---|:---|
| **219** | 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 June 30, 2025 (dollars in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | **Purchases** | **Sales** | &nbsp;&nbsp;&nbsp; **Net** <br>**realized** <br>**gain (loss)**<br>|
| Short Duration Municipal Income ETF | &nbsp;&nbsp; $2392 | &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 period ended June 30, 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 | **220** |

---

------

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** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| $991846 | 38100 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(139813)<br>| (5400)<br>| &nbsp;&nbsp;&nbsp; $852033 | 32700 |
| **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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| $1137772 | 51000 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(21172)<br>| (960)<br>| &nbsp;&nbsp;&nbsp; $1116600 | 50040 |
| **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 June 30, 2025** | **For the period June 24, 2025\*, through June 30, 2025** | **For the period June 24, 2025\*, through June 30, 2025** | **For the period June 24, 2025\*, through June 30, 2025** | **For the period June 24, 2025\*, through June 30, 2025** | **For the period June 24, 2025\*, through June 30, 2025** | **For the period June 24, 2025\*, through June 30, 2025** | **For the period June 24, 2025\*, through June 30, 2025** |
| &nbsp;&nbsp; $49500 | &nbsp;&nbsp; 1980 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $49500 | &nbsp;&nbsp; 1980 |

---

**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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| &nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — |
| **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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| $758938 | 28380 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(41376)<br>| (1560)<br>| &nbsp;&nbsp;&nbsp; $717562 | 26820 |
| **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).

---

| | |
|:---|:---|
| **221** | 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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| &nbsp;&nbsp; $129024 | &nbsp;&nbsp; 5200 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(4777)<br>| &nbsp;&nbsp; (200)<br>| &nbsp;&nbsp;&nbsp; $124247 | &nbsp;&nbsp; 5000 |
| **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; $87344 | &nbsp;&nbsp; 3450 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(2549)<br>| &nbsp;&nbsp; (100)<br>| &nbsp;&nbsp;&nbsp; $84795 | &nbsp;&nbsp; 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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| &nbsp;&nbsp; $460901 | &nbsp;&nbsp; 17880 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(23203)<br>| &nbsp;&nbsp; (900)<br>| &nbsp;&nbsp;&nbsp; $437698 | &nbsp;&nbsp; 16980 |
| **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; $559137 | &nbsp;&nbsp; 21840 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(20149)<br>| &nbsp;&nbsp; (780)<br>| &nbsp;&nbsp;&nbsp; $538988 | &nbsp;&nbsp; 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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| &nbsp;&nbsp; $156036 | &nbsp;&nbsp; 6000 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(3112)<br>| &nbsp;&nbsp; (120)<br>| &nbsp;&nbsp;&nbsp; $152924 | &nbsp;&nbsp; 5880 |
| **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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| &nbsp;&nbsp; $52911 | &nbsp;&nbsp; 2100 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $(31748)<br>| &nbsp;&nbsp; (1260)<br>| &nbsp;&nbsp;&nbsp; $21163 | &nbsp;&nbsp; 840 |
| **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** |
| **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** | **Six months ended June 30, 2025** |
| $896079 | 32760 | &nbsp;&nbsp;&nbsp; $— |  | &nbsp;&nbsp;&nbsp; $(22359)<br>| (840)<br>| &nbsp;&nbsp;&nbsp; $873720 | 31920 |
| **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 | **222** |

---

------

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

**10. Investment transactions**

------

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 six months ended June 30, 2025 (dollars in thousands):

---

| | | |
|:---|:---|:---|
| **Fund** | **Purchases** | **Sales** |
| Core Bond ETF | &nbsp;&nbsp; $367809 | &nbsp;&nbsp;&nbsp;&nbsp; $89075 |
| Core Plus Income ETF | &nbsp;&nbsp; 819698 | &nbsp;&nbsp;&nbsp;&nbsp; 407015 |
| High Yield Bond ETF | &nbsp;&nbsp; 6591 | &nbsp;&nbsp;&nbsp;&nbsp; 1786 |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 28820 | &nbsp;&nbsp;&nbsp;&nbsp; 33305 |
| Municipal Income ETF | &nbsp;&nbsp; 955939 | &nbsp;&nbsp;&nbsp;&nbsp; 393596 |
| Municipal High-Income ETF | &nbsp;&nbsp; 131916 | &nbsp;&nbsp;&nbsp;&nbsp; 20566 |
| Short Duration Income ETF  | &nbsp;&nbsp; 331375 | &nbsp;&nbsp;&nbsp;&nbsp; 128611 |
| Short Duration Municipal Income ETF | &nbsp;&nbsp; 306311 | &nbsp;&nbsp;&nbsp;&nbsp; 187581 |
| Ultra Short Income ETF | &nbsp;&nbsp; 27066 | &nbsp;&nbsp;&nbsp;&nbsp; 17011 |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 729745 | &nbsp;&nbsp;&nbsp;&nbsp; 493625 |

---

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 six months ended June 30, 2025 (dollars in thousands):

---

| | | |
|:---|:---|:---|
| **Fund**  | **In-kind creations** | **In-kind redemptions** |
| Core Bond ETF | &nbsp;&nbsp; $419288 | &nbsp;&nbsp;&nbsp;&nbsp; $137542 |
| Core Plus Income ETF | &nbsp;&nbsp; 838057 | &nbsp;&nbsp;&nbsp;&nbsp; 19773 |
| High Yield Bond ETF | &nbsp;&nbsp; 38917 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Municipal Income ETF | &nbsp;&nbsp; 131038 | &nbsp;&nbsp;&nbsp;&nbsp; 11561 |
| Municipal High-Income ETF | &nbsp;&nbsp; 1026 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Short Duration Income ETF  | &nbsp;&nbsp; 204379 | &nbsp;&nbsp;&nbsp;&nbsp; 22954 |
| Short Duration Municipal Income ETF | &nbsp;&nbsp; 11574 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Ultra Short Income ETF | &nbsp;&nbsp; 27803 | &nbsp;&nbsp;&nbsp;&nbsp; 15796 |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 564262 | &nbsp;&nbsp;&nbsp;&nbsp; 18463 |

---

The following table presents additional information for each fund for the six months ended June 30, 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; 37 | &nbsp;&nbsp;&nbsp; — |
| High Yield Bond ETF | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; — | &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; 30 | &nbsp;&nbsp;&nbsp; — |

---

**11. Ownership Concentration**

------

At June 30, 2025, American Funds Portfolio Series — Tax-Aware Conservative Growth and Income Portfolio held 31% and 28% of the outstanding shares of 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 16% of the outstanding shares of Capital Group Short Duration Municipal Income ETF. Furthermore, Capital Group Core Balanced ETF held 12% and 10% of the outstanding shares of Capital Group Core Plus Income ETF and Capital Group Core Bond ETF, respectively.

---

| | |
|:---|:---|
| **223** | 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** |
| 6/30/2025<sup>3,4</sup> <br>| $25.76 | &nbsp;&nbsp; $.61 | &nbsp;&nbsp; $.45 | &nbsp;&nbsp; $1.06 | &nbsp;&nbsp; $(.52)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.52)<br>| &nbsp;&nbsp; $26.30 | 4.15 %<sup>5</sup><br>| &nbsp;&nbsp; $2473 | &nbsp;&nbsp; .27 %<sup>6</sup><br>| 4.78 %<sup>6</sup><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>3,7</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** |
| 6/30/2025<sup>3,4</sup> <br>| $22.18 | &nbsp;&nbsp; $.76 | &nbsp;&nbsp; $.11 | &nbsp;&nbsp; $.87 | &nbsp;&nbsp; $(.54)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.54)<br>| &nbsp;&nbsp; $22.51 | 3.95 %<sup>5</sup><br>| &nbsp;&nbsp; $5170 | &nbsp;&nbsp; .34 %<sup>6</sup><br>| 6.86 %<sup>6</sup><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>3,8</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** |
| 6/30/2025<sup>3,4,9</sup> <br>| $25.00 | &nbsp;&nbsp; $.02 | &nbsp;&nbsp; $.13 | &nbsp;&nbsp; $.15 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $25.15 | &nbsp;&nbsp; .60 %<sup>5</sup><br>| &nbsp;&nbsp; $50 | &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)** |
| 6/30/2025<sup>3,4</sup> <br>| $25.28 | &nbsp;&nbsp; $.49 | &nbsp;&nbsp; $.27 | &nbsp;&nbsp; $.76 | &nbsp;&nbsp; $(.78)<br>| &nbsp;&nbsp; $(.08)<br>| &nbsp;&nbsp; $(.86)<br>| &nbsp;&nbsp; $25.18 | 3.03 %<sup>5</sup><br>| &nbsp;&nbsp; $50 | &nbsp;&nbsp; .45 %<sup>6</sup><br>| 3.86 %<sup>6</sup><br>|
| 12/31/2024<sup>3,10</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** |
| 6/30/2025<sup>3,4</sup> <br>| $26.88 | &nbsp;&nbsp; $.48 | &nbsp;&nbsp; $(.25)<br>| &nbsp;&nbsp; $.23 | &nbsp;&nbsp; $(.44)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.44)<br>| &nbsp;&nbsp; $26.67 | &nbsp;&nbsp; .86 %<sup>5</sup><br>| &nbsp;&nbsp; $3361 | &nbsp;&nbsp; .27 %<sup>6</sup><br>| 3.61 %<sup>6</sup><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>3,11</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** |
| 6/30/2025<sup>3,4</sup> <br>| $25.24 | &nbsp;&nbsp; $.54 | &nbsp;&nbsp; $(.76)<br>| &nbsp;&nbsp; $(.22)<br>| &nbsp;&nbsp; $(.44)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.44)<br>| &nbsp;&nbsp; $24.58 | &nbsp;&nbsp; (.89 )%<sup>5</sup><br>| &nbsp;&nbsp; $205 | &nbsp;&nbsp; .34 %<sup>6</sup><br>| 4.37 %<sup>6</sup><br>|
| 12/31/2024<sup>3,10</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**  |
| 6/30/2025<sup>3,4</sup> <br>| $25.61 | &nbsp;&nbsp; $.73 | &nbsp;&nbsp; $.12 | &nbsp;&nbsp; $.85 | &nbsp;&nbsp; $(.55)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.55)<br>| &nbsp;&nbsp; $25.91 | 3.35 %<sup>5</sup><br>| &nbsp;&nbsp; $1325 | &nbsp;&nbsp; .25 %<sup>6</sup><br>| 5.69 %<sup>6</sup><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>3,11</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** |
| 6/30/2025<sup>3,4</sup> <br>| $25.93 | &nbsp;&nbsp; $.43 | &nbsp;&nbsp; $.07 | &nbsp;&nbsp; $.50 | &nbsp;&nbsp; $(.39)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.39)<br>| &nbsp;&nbsp; $26.04 | 1.94 %<sup>5</sup><br>| &nbsp;&nbsp; $709 | &nbsp;&nbsp; .25 %<sup>6</sup><br>| 3.32 %<sup>6</sup><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>3,7</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** |
| 6/30/2025<sup>3,4</sup> <br>| $25.12 | &nbsp;&nbsp; $.57 | &nbsp;&nbsp; $.08 | &nbsp;&nbsp; $.65 | &nbsp;&nbsp; $(.53)<br>| &nbsp;&nbsp; $(.01)<br>| &nbsp;&nbsp; $(.54)<br>| &nbsp;&nbsp; $25.23 | 2.62 %<sup>5</sup><br>| &nbsp;&nbsp; $56 | &nbsp;&nbsp; .18 %<sup>6</sup><br>| 4.59 %<sup>6</sup><br>|
| 12/31/2024<sup>3,10</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** |
| 6/30/2025<sup>3,4</sup> <br>| $27.21 | &nbsp;&nbsp; $1.05 | &nbsp;&nbsp; $.05 | &nbsp;&nbsp; $1.10 | &nbsp;&nbsp; $(.74)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(.74)<br>| &nbsp;&nbsp; $27.57 | 4.12 %<sup>5</sup><br>| &nbsp;&nbsp; $2857 | &nbsp;&nbsp; .39 %<sup>6</sup><br>| 7.82 %<sup>6</sup><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>3,11</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).

---

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

---

------

Financial highlights (continued)

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio turnover rate excluding** <br>**mortgage dollar roll transactions**<sup>12,13</sup><br>| **Six months ended** <br>**June 30, 2025**<sup>3,4,5</sup><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; 32<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 125<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 13 %<sup>7</sup><br>|
| Core Plus Income ETF | &nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 83 | &nbsp;&nbsp;&nbsp;&nbsp; 76<br>&nbsp;&nbsp;&nbsp;&nbsp; 172 %<sup>8</sup><br>|
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 118 <br><sup>510</sup><br>|  |
| Short Duration Income ETF  | &nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp;&nbsp; 56<br>&nbsp;&nbsp;&nbsp;&nbsp; 1 <br><sup>11</sup><br>|
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 43<br>&nbsp;&nbsp;&nbsp;&nbsp; 6 <br><sup>11</sup><br>|

---

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio turnover rate including** <br>**mortgage dollar roll transactions, if any**<sup>12,13</sup><br>| **Six months ended** <br>**June 30, 2025**<sup>3,4,5</sup><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; 55<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 354<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 26 %<sup>7</sup><br>|
| Core Plus Income ETF | &nbsp;&nbsp; 201 | &nbsp;&nbsp;&nbsp;&nbsp; 420 | &nbsp;&nbsp;&nbsp;&nbsp; 581<br>&nbsp;&nbsp;&nbsp;&nbsp; 446 %<sup>8</sup><br>|
| High Yield Bond ETF | &nbsp;&nbsp; 4 <br><sup>9</sup><br>|  |  |
| International Bond ETF (USD-Hedged) | &nbsp;&nbsp; 101 | &nbsp;&nbsp;&nbsp;&nbsp; 185 <br><sup>510</sup><br>|  |
| Municipal Income ETF | &nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 19<br>&nbsp;&nbsp;&nbsp;&nbsp; 1 <br><sup>11</sup><br>|
| Municipal High-Income ETF | &nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 25 <br><sup>510</sup><br>|  |
| Short Duration Income ETF  | &nbsp;&nbsp; 85 | &nbsp;&nbsp;&nbsp;&nbsp; 192 | &nbsp;&nbsp;&nbsp;&nbsp; 203<br>&nbsp;&nbsp;&nbsp;&nbsp; 55 <br><sup>11</sup><br>|
| Short Duration Municipal Income ETF | &nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 54 | &nbsp;&nbsp;&nbsp;&nbsp; 37 <br><sup>7</sup><br>|
| Ultra Short Income ETF | &nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 26 <br><sup>510</sup><br>|  |
| U.S. Multi-Sector Income ETF | &nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp; 43<br>&nbsp;&nbsp;&nbsp;&nbsp; 6 <br><sup>11</sup><br>|

---

<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> Unaudited.

<sup>5</sup> Not annualized.

<sup>6</sup> Annualized.

<sup>7</sup> For the period September 26, 2023, commencement of operations, through December 31, 2023.

<sup>8</sup> For the period February 22, 2022, commencement of operations, through December 31, 2022.

<sup>9</sup> For the period June 24, 2025, commencement of operations, through June 30, 2025.

<sup>10</sup> For the period June 25, 2024, commencement of operations, through December 31, 2024.

<sup>11</sup> For the period October 25, 2022, commencement of operations, through December 31, 2022.

<sup>12</sup> Rates do not include each fund's portfolio activity with respect to any Central Funds.

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

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Changes in and disagreements with accountants

------

None

Matters submitted for shareholder vote

------

None

Remuneration paid to directors, officers and others

------

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.

---

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

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------

Approval of Investment Advisory and Service Agreement

------

The trust's board has approved the continuation of the trust's Investment Advisory and Service Agreement (the "agreement") with Capital Research and Management Company ("CRMC") for an additional one-year term through July 31, 2026. The board approved the agreement following the recommendation of the trust's Contracts Committee (the "committee"), which is composed of all of the trust's independent board members. The board and the committee determined in the exercise of their business judgment that each fund's contractual fee rate was fair and reasonable in relation to the services provided, and that approving the agreement was in the best interests of each fund and its shareholders.

In reaching this decision, the board and the committee took into account their interactions with CRMC in addition to information furnished to them throughout the year and otherwise provided to them, as well as information prepared specifically in connection with their review of the agreement, and they were advised by their independent counsel with respect to the matters considered. They considered the following factors, among others, but did not identify any single issue or particular piece of information that, in isolation, was the controlling factor, and each board and committee member did not necessarily attribute the same weight to each factor.

**1. Nature, extent and quality of services**

The board and the committee considered the depth and quality of CRMC's investment management process, including its global research capabilities; the experience, capability and integrity of its senior management and other personnel; the low turnover rates of its key personnel; the overall financial strength and stability of CRMC and the Capital Group organization; the resources and systems CRMC devotes to investment management (the manner in which each fund's assets are managed, including liquidity management), financial, investment operations, compliance, trading, proxy voting, and other services; and the ongoing evolution of CRMC's organizational structure designed to maintain and strengthen these qualities. The board and the committee also considered the nature, extent and quality of administrative services provided by CRMC to each fund under the agreement and other agreements. The board and the committee considered the risks assumed by CRMC in providing services to each fund, including operational, business, financial, reputational, regulatory and litigation risks. The board and the committee concluded that the nature, extent and quality of the services provided by CRMC have benefited and should continue to benefit each fund and its shareholders.

**2. Investment results**

The board and the committee considered the investment results of each fund in light of its objective and strategy. They compared each fund's investment results with those of other funds (including funds that currently form the basis of the Lipper index for the category in which each fund is included) and data such as publicly disclosed benchmarks, including applicable market and fund indexes over various periods (including the fund's lifetime) through December 31, 2024 while recognizing the fund's short operational history. On the basis of this evaluation and the board's and the committee's ongoing review of investment operations and results, and considering the relative market conditions during certain reporting periods, the board and the committee concluded that each fund's investment results have been satisfactory for renewal of the agreement, and that CRMC's continued management should benefit each fund and its shareholders.

**3. Advisory fees and total expenses**

The board and the committee compared the advisory fees and total expense levels of each fund to those of other relevant funds, noting that each fund has a unitary fee structure. They observed that each fund's advisory fees and expenses are competitive with, and compared favorably to, those of other similar active exchange traded funds and institutional share classes for comparable open-end funds included in the applicable Lipper categories. The board and the committee also reviewed information regarding the effective advisory fees charged to other funds and accounts managed by CRMC and its affiliates. They noted that, to the extent there were differences between the advisory fees paid by each fund and the advisory fees paid by those clients, the differences appropriately reflected the investment, operational, regulatory and market differences between advising each fund and the other clients. The board and the committee concluded that each fund's contractual fee rate was fair and reasonable in relation to the services provided, as well as in relation to the risks assumed by the adviser in sponsoring and managing each fund, and that each fund's shareholders receive reasonable value in return for the advisory fees and other amounts paid to CRMC by each fund.

**4. Ancillary benefits**

The board and the committee considered a variety of other benefits that CRMC and its affiliates receive as a result of CRMC's relationship with each fund and other funds it sponsors, including fees for administrative services; and possible ancillary benefits to CRMC and its institutional management affiliates in managing other investment vehicles. The board and the committee reviewed CRMC's portfolio trading practices, noting that CRMC bears the cost of third-party research. The board and committee also noted that CRMC benefited from the use of commissions from portfolio transactions made on behalf of each fund to facilitate payment to certain broker-dealers for research to comply with regulatory requirements applicable to these firms, with all such amounts reimbursed by CRMC. The board and the committee took these ancillary benefits into account in evaluating the reasonableness of the fees paid to CRMC by each fund.

---

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

---

------

Approval of Investment Advisory and Service Agreement (continued)

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5. Adviser financial information**

The board and the committee reviewed information regarding CRMC's costs of providing services to its U.S. registered fund business, including personnel, systems and resources of investment, compliance, trading, accounting and other administrative operations. They considered CRMC's costs and related cost allocation methodology, as well as its track record of investing in technology, infrastructure and staff to maintain and expand services and capabilities, respond to industry and regulatory developments, and attract and retain qualified personnel. They noted information regarding the compensation structure for CRMC's investment professionals. They reviewed information on the profitability of the investment adviser and its affiliates. The board and the committee also compared CRMC's profitability and compensation data to the reported results and data of a number of large, publicly held investment management companies. The board and the committee noted the competitiveness and cyclicality of both the registered fund industry and the capital markets, and the importance in that environment of CRMC's long-term profitability for maintaining its independence, company culture and management continuity. They further considered that shareholders benefited from the unitary fee structure because expenses were limited. The board and the committee also considered the fact that increases in assets would not lead to fee decreases, even if economies of scale are achieved, because the unitary fee structure does not contain breakpoints. The board and the committee concluded that each fund's contractual fee rate reflected a reasonable sharing of benefits between CRMC and each fund's shareholders.

---

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

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------

#### ITEM 8 - Changes in and Disagreements with Accountants for Open-End Management Investment Companies
None

------

#### ITEM 9 - Proxy Disclosures for Open-End Management Investment Companies
None

------

#### 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.

------

#### ITEM 11 - Statement Regarding Basis for Approval of Investment Advisory Contract
The information is included as part of the material filed under Item 7 of this Form under Approval of Investment Advisory and Service Agreement.

------

#### 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.

------

#### 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.

------

#### 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.

------

#### 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.

------

#### 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.

------

#### 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.

------

#### ITEM 18 - Recovery of Erroneously Awarded Compensation
None

------

#### ITEM 19 - Exhibits
(a)(1) Not applicable for filing of semi-annual reports to shareholders.

(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: September 05, 2025

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By /s/ Michael W. Stockton

Michael W. Stockton,

Executive Vice President and Principal Executive Officer

Date: September 05, 2025

By /s/ Sandra Chuon

Sandra Chuon, Treasurer and

Principal Financial Officer

Date: September 05, 2025

------

## 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: September 05, 2025

<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: September 05, 2025

<u>/s/ Sandra Chuon</u> Sandra Chuon,

Treasurer and Principal Financial Officer

Capital Group Fixed Income ETF Trust

------

## 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 June 30, 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: September 05, 2025

Principal Financial Officer

**Capital Group Fixed Income ETF Trust**

<u>/s/ Sandra Chuon</u>

Sandra Chuon, Treasurer and Principal Financial Officer

Date: September 05, 2025

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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