# EDGAR Filing Document

**Accession Number:** 0001785336
**File Stem:** 0001193125-26-005770
**Filing Date:** 2026-1
**Character Count:** 219607
**Document Hash:** fa80f8c85a3c37db962c78a3e7894b0c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-005770.hdr.sgml**: 20260107

**ACCESSION NUMBER**: 0001193125-26-005770

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 60

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20260107

**DATE AS OF CHANGE**: 20260107

**EFFECTIVENESS DATE**: 20260107

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** American Funds International Vantage Fund
- **CENTRAL INDEX KEY:** 0001785336

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23467
- **FILM NUMBER:** 26514614

**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
- **STREET 2:** 55TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

## Series and Classes Contracts Data

### American Funds International Vantage Fund (Series ID: S000066950)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000215460 | Class R-6     | RIVGX           |
| C000215461 | Class 529 F-1 | CIVKX           |
| C000215462 | Class R-5E    | RIVJX           |
| C000215463 | Class R-5     | RIVLX           |
| C000215464 | Class R-4     | RIVKX           |
| C000215465 | Class R-3     | RIVIX           |
| C000215466 | Class R-2E    | RIVHX           |
| C000215467 | Class R-2     | RIVDX           |
| C000215468 | Class R-1     | RIVAX           |
| C000215469 | Class F-3     | AIVGX           |
| C000215470 | Class F-2     | AIVFX           |
| C000215471 | Class F-1     | AIVEX           |
| C000215472 | Class C       | AIVCX           |
| C000215473 | Class A       | AIVBX           |
| C000215474 | Class 529-T   | CIVEX           |
| C000215475 | Class 529-E   | CIVCX           |
| C000215476 | Class 529-C   | CIVBX           |
| C000215477 | Class 529-A   | CIVAX           |
| C000215478 | Class T       | AIVTX           |
| C000224593 | Class 529-F-2 | CIVGX           |
| C000224594 | Class 529-F-3 | CIVHX           |

?xml version='1.0' encoding='ASCII'? 05ff74a9-c322-4e90-96b1-c324d3f2ea8f

#### 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

#### 811-23467

#### American Funds International Vantage Fund
(Exact name of registrant as specified in charter)

------

6455 Irvine Center Drive

Irvine, California 92618

(Address of principal executive offices)

Gregory F. Niland

5300 Robin Hood Rd.

Norfolk, VA 23513

(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:

#### October 31

#### Date of reporting period:

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

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class A \| AIVBX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class A | &nbsp;&nbsp;$107 | 0.97% |

---

#### Management's discussion of fund performance
The fund's Class A shares gained 20.17% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481125.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class A (with sales charge)2 | 13.26% | 7.53% | 6.92% |
| American Funds International Vantage Fund — Class A (without sales charge)2 | 20.17% | 8.81% | 7.99% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class A shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFAAARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class C \| AIVCX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class C | &nbsp;&nbsp;$183 | 1.67% |

---

#### Management's discussion of fund performance
The fund's Class C shares gained 19.31% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481169.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class C (with sales charge)2 | 18.31% | 8.05% | 7.26% |
| American Funds International Vantage Fund — Class C (without sales charge)2 | 19.31% | 8.05% | 7.26% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class C shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFCCARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class T \| AIVTX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class T | &nbsp;&nbsp;$75 | 0.68% |

---

#### Management's discussion of fund performance
The fund's Class T shares gained 20.47% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index.

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481213.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class T (with sales charge)2 | 17.46% | 8.59% | 7.80% |
| American Funds International Vantage Fund — Class T (without sales charge)2 | 20.47% | 9.14% | 8.26% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class T shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

capitalgroup.com/mutual-fund-literature.

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

Lit. No. MFTTARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class F-1 \| AIVEX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class F-1 | &nbsp;&nbsp;$100 | 0.91% |

---

#### Management's discussion of fund performance
The fund's Class F-1 shares gained 20.19% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481257.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class F-12 | 20.19% | 8.89% | 8.06% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class F-1 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFF1ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class F-2 \| AIVFX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class F-2 | &nbsp;&nbsp;$71 | 0.64% |

---

#### Management's discussion of fund performance
The fund's Class F-2 shares gained 20.54% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481301.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class F-22 | 20.54% | 9.19% | 8.35% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class F-2 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFF2ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class F-3 \| AIVGX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class F-3 | &nbsp;&nbsp;$60 | 0.54% |

---

#### Management's discussion of fund performance
The fund's Class F-3 shares gained 20.64% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481345.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**10 years** |
| American Funds International Vantage Fund — Class F-31,2 | 20.64% | 9.30% | 8.42% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 7.48% |

---

<sup>1</sup> The fund was organized for the purpose of effecting the reorganization of Capital Group International Equity Fund (the "predecessor fund") into a new Delaware statutory trust on November 8, 2019. In connection with the reorganization, former shareholders of the predecessor fund received Class F-3 shares of the fund. The performance of Class F-3 shares of the fund includes the performance of the predecessor fund prior to the reorganization.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFF3ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class 529-A \| CIVAX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-A | &nbsp;&nbsp;$101 | 0.92% |

---

#### Management's discussion of fund performance
The fund's Class 529-A shares gained 20.15% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481389.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class 529-A (with sales charge)2 | 15.94% | 8.07% | 7.36% |
| American Funds International Vantage Fund — Class 529-A (without sales charge)2 | 20.15% | 8.85% | 8.00% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class 529-A shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MF5AARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class 529-C \| CIVBX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-C | &nbsp;&nbsp;$187 | 1.71% |

---

#### Management's discussion of fund performance
The fund's Class 529-C shares gained 19.26% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481433.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class 529-C (with sales charge)2 | 18.26% | 8.05% | 7.36% |
| American Funds International Vantage Fund — Class 529-C (without sales charge)2 | 19.26% | 8.05% | 7.36% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class 529-C shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MF5CARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class 529-E \| CIVCX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-E | &nbsp;&nbsp;$129 | 1.17% |

---

#### Management's discussion of fund performance
The fund's Class 529-E shares gained 19.90% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481477.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class 529-E2 | 19.90% | 8.64% | 7.85% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class 529-E shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MF5EARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class 529-T \| CIVEX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-T | &nbsp;&nbsp;$78 | 0.71% |

---

#### Management's discussion of fund performance
The fund's Class 529-T shares gained 20.42% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index.

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481565.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class 529-T (with sales charge)2 | 17.41% | 8.53% | 7.77% |
| American Funds International Vantage Fund — Class 529-T (without sales charge)2 | 20.42% | 9.08% | 8.23% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class 529-T shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

capitalgroup.com/mutual-fund-literature.

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

Lit. No. MF5TARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class 529-F-1 \| CIVKX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-F-1 | &nbsp;&nbsp;$78 | 0.71% |

---

#### Management's discussion of fund performance
The fund's Class 529-F-1 shares gained 20.43% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481521.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class 529-F-12 | 20.43% | 9.10% | 8.25% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class 529-F-1 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MF5FARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class 529-F-2 \| CIVGX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-F-2 | &nbsp;&nbsp;$74 | 0.67% |

---

#### Management's discussion of fund performance
The fund's Class 529-F-2 shares gained 20.48% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481037.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class 529-F-22 | 20.48% | 9.14% | 9.13% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 12.32% |

---

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

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MF5XARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class 529-F-3 \| CIVHX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class 529-F-3 | &nbsp;&nbsp;$65 | 0.59% |

---

#### Management's discussion of fund performance
The fund's Class 529-F-3 shares gained 20.64% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481081.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class 529-F-32 | 20.64% | 9.23% | 9.22% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 12.32% |

---

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

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MF5YARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-1 \| RIVAX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-1 | &nbsp;&nbsp;$171 | 1.56% |

---

#### Management's discussion of fund performance
The fund's Class R-1 shares gained 19.43% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481609.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-12 | 19.43% | 8.26% | 7.60% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-1 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFR1ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-2 \| RIVDX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-2 | &nbsp;&nbsp;$175 | 1.60% |

---

#### Management's discussion of fund performance
The fund's Class R-2 shares gained 19.35% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481653.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-22 | 19.35% | 8.22% | 7.53% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-2 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFR2ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-2E \| RIVHX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-2E | &nbsp;&nbsp;$145 | 1.32% |

---

#### Management's discussion of fund performance
The fund's Class R-2E shares gained 19.68% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481697.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-2E2 | 19.68% | 8.53% | 7.78% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-2E shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MF2EARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-3 \| RIVIX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-3 | &nbsp;&nbsp;$131 | 1.19% |

---

#### Management's discussion of fund performance
The fund's Class R-3 shares gained 19.84% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481741.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-32 | 19.84% | 8.58% | 7.84% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-3 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFR3ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-4 \| RIVKX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-4 | &nbsp;&nbsp;$97 | 0.88% |

---

#### Management's discussion of fund performance
The fund's Class R-4 shares gained 20.18% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481785.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-42 | 20.18% | 8.92% | 8.11% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-4 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFR4ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-5E \| RIVJX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-5E | &nbsp;&nbsp;$76 | 0.69% |

---

#### Management's discussion of fund performance
The fund's Class R-5E shares gained 20.41% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1480949.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-5E2 | 20.41% | 9.13% | 8.31% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-5E shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFE5ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-5 \| RIVLX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-5 | &nbsp;&nbsp;$65 | 0.59% |

---

#### Management's discussion of fund performance
The fund's Class R-5 shares gained 20.59% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1481829.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-52 | 20.59% | 9.24% | 8.41% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-5 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFR5ARX-123-1225© 2025 Capital Group. All rights reserved.

![TSR - American Funds Logo](images_2323.jpg)

ANNUAL SHAREHOLDER REPORT

## American Funds <sup>®</sup> International Vantage Fund
**Class R-6 \| RIVGX** for the year ended October 31, 2025

This annual shareholder report contains important information about American Funds International Vantage Fund (the "fund") for the period from November 1, 2024 to October 31, 2025. You can find additional information about the fund at

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Share class** | &nbsp;&nbsp;**Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| &nbsp;&nbsp;Class R-6 | &nbsp;&nbsp;$60 | 0.54% |

---

#### Management's discussion of fund performance
The fund's Class R-6 shares gained 20.66% for the year ended October 31, 2025. That result compares with a 23.03% gain for the MSCI EAFE (Europe, Australasia, Far East) Index. For information on returns for additional periods, including the fund lifetime, please refer to

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

#### What factors influenced results
International markets delivered robust returns over the fiscal year, buoyed by a weaker dollar and strong earnings across several key regions. Japanese equities surged, driven by solid capital investment and a fresh stimulus package, even as consumer demand remained subdued. European stocks rallied on the back of easing inflation and favorable monetary policies, with Germany's fiscal stimulus adding further momentum. Meanwhile, U.K. equities advanced steadily, supported by modest economic growth and stable inflation.

Overall, most sectors added to the fund's positive results, with industrials, financials and information technology being particularly additive. Consumer staples, communication services and utilities holdings also contributed positively to the overall portfolio return. Companies based in the U.K., France and Germany posted strong gains that surpassed the fund's overall returns.

Conversely, holdings in the health care and materials sectors detracted from the broader portfolio's return. Likewise, holdings in companies based in Denmark were the most notable detractor to absolute results.

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

![Fund Performance - Growth of 10K](chartimages_1480993.jpg)

#### Average annual total returns

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**1 year** | &nbsp;&nbsp;**5 years** | &nbsp;&nbsp;**Since inception<sup>1</sup>** |
| American Funds International Vantage Fund — Class R-62 | 20.66% | 9.30% | 8.46% |
| MSCI EAFE (Europe, Australasia, Far East) Index3 | 23.03% | 12.33% | 8.70% |

---

<sup>1</sup> Class R-6 shares were first offered on November 8, 2019.

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

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

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

Key fund statistics

---

| | |
|:---|:---|
| Fund net assets (in millions) | $2638 |
| Total number of portfolio holdings | 128 |
| Total advisory fees paid (in millions) | $11 |
| Portfolio turnover rate | 32% |

---

**Portfolio holdings by sector** (percent of net assets)

Availability of additional information

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

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

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

Lit. No. MFR6ARX-123-1225© 2025 Capital Group. All rights reserved.

------

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

------

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

------

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

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Registrant<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Audit Fees | &nbsp;&nbsp;&nbsp;&nbsp;(b) Audit-Related Fees | (c) Tax Fees | (d) All Other Fees |
| **October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 |  | &nbsp;&nbsp;9000 |  |
| **October 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39000 |  | &nbsp;&nbsp;9000 |  |
| **Adviser and Affiliates<sup>2</sup>** |  |  |  |  |
| **October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable |  |  |  |
| **October 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable | &nbsp;&nbsp;44000 |  |  |

---

---

| | |
|:---|:---|
| **Registrant, Adviser and Affiliates<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Aggregate |
| **Registrant, Adviser and Affiliates<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**non-audit fees** |
| **October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 |
| **October 31, 2024** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52000 |

---

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

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

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

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

**(f)**Not applicable.

**(i)**Not applicable.

**(j)**Not applicable.

------

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

------

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

------

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

------

![](imgbaec5d851.jpg)

**American Funds**<sup>®</sup> **International Vantage Fund**

Financial Statements and Other Information

N-CSR Items 7-11

for the year ended October 31, 2025

Lit. No. MFGEFP4-123-1225© 2025 Capital Group. All rights reserved.

------

Investment portfolio October 31, 2025

------

---

| | | |
|:---|:---|:---|
| Common stocks 94.99% | Shares | Value<br> (000)<br>|
| **Industrials 25.80%** | **Industrials 25.80%** | **Industrials 25.80%** |
| Safran SA  | 213273 | $75708 |
| Rolls-Royce Holdings PLC  | 4015255 | 61597 |
| Airbus SE, non-registered shares  | 215824 | 53224 |
| ABB, Ltd.  | 648311 | 48125 |
| BAE Systems PLC  | 1635910 | 40279 |
| DSV A/S  | 180194 | 38231 |
| Hitachi, Ltd.  | 1038200 | 35609 |
| Epiroc AB, Class A  | 1388004 | 29390 |
| Mitsubishi Corp.  | 1058254 | 25426 |
| MTU Aero Engines AG  | 56133 | 24476 |
| Ryanair Holdings PLC (ADR)  | 391357 | 24452 |
| Recruit Holdings Co., Ltd.  | 452800 | 22648 |
| RELX PLC  | 484068 | 21396 |
| Daikin Industries, Ltd.  | 158900 | 18542 |
| Rheinmetall AG, non-registered shares  | 9044 | 17746 |
| Wolters Kluwer NV  | 136616 | 16734 |
| ITOCHU Corp.  | 278400 | 16048 |
| Marubeni Corp.  | 606800 | 14915 |
| Volvo AB, Class B  | 518272 | 14297 |
| Kingspan Group PLC  | 163618 | 12290 |
| Canadian National Railway Co. (CAD denominated)  | 54230 | 5200 |
| Canadian National Railway Co.  | 40200 | 3856 |
| Computershare, Ltd.  | 363120 | 8670 |
| Komatsu, Ltd.  | 245100 | 8186 |
| Deutsche Post AG  | 122454 | 5621 |
| Bombardier, Inc., Class B <sup>(a)</sup>  | 38777 | 5418 |
| Brambles, Ltd.  | 330280 | 5366 |
| SGH, Ltd.  | 156362 | 4969 |
| Melrose Industries PLC  | 567141 | 4671 |
| SPIE SA  | 90334 | 4596 |
| Babcock International Group PLC  | 219941 | 3505 |
| IHI Corp.  | 163800 | 3414 |
| SMC Corp.  | 9800 | 3343 |
| IMCD NV  | 24543 | 2546 |
|  |  | 680494 |
| **Financials 19.01%** | **Financials 19.01%** | **Financials 19.01%** |
| Skandinaviska Enskilda Banken AB, Class A  | 2581974 | 49285 |
| London Stock Exchange Group PLC  | 372868 | 46470 |
| UniCredit SpA  | 602204 | 44545 |
| Hong Kong Exchanges and Clearing, Ltd.  | 627200 | 34339 |
| Resona Holdings, Inc.  | 3312000 | 32212 |
| AIA Group, Ltd.  | 3132600 | 30481 |
| Banco Santander SA  | 2924704 | 29762 |
| NatWest Group PLC  | 3760219 | 28855 |
| Euronext NV  | 190872 | 27229 |
| Deutsche Bank AG  | 687481 | 24508 |
| Banco Bilbao Vizcaya Argentaria SA  | 1204117 | 24283 |
| Munchener Ruckversicherungs-Gesellschaft AG  | 38664 | 23903 |
| Standard Chartered PLC  | 986875 | 20222 |
| DBS Group Holdings, Ltd.  | 478470 | 19800 |
| Deutsche Boerse AG  | 55876 | 14141 |
| Intesa Sanpaolo SpA  | 1828573 | 11772 |
| Partners Group Holding AG  | 7708 | 9421 |
| T&D Holdings, Inc.  | 359400 | 7723 |
| Banca Generali SpA  | 116885 | 6607 |
| Hiscox, Ltd.  | 234169 | 4238 |
| Wise PLC, Class A <sup>(a)</sup>  | 296017 | 3759 |
| Sampo Oyj, Class A  | 233735 | 2606 |
| Medibank Private Ltd.  | 812504 | 2591 |
| Tokio Marine Holdings, Inc.  | 68200 | 2552 |
|  |  | 501304 |

---

---

| | |
|:---|:---|
| **1** | American Funds International Vantage Fund |

---

------

---

| | | |
|:---|:---|:---|
| Common stocks (continued) | Shares | Value<br> (000)<br>|
| **Information technology 13.91%** | **Information technology 13.91%** | **Information technology 13.91%** |
| ASML Holding NV  | 80568 | $85310 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)  | 192193 | 57741 |
| SAP SE  | 222623 | 57525 |
| Keyence Corp.  | 65120 | 24157 |
| Fujitsu, Ltd.  | 905300 | 23608 |
| Shopify, Inc., Class A, subordinate voting shares <sup>(a)</sup>  | 133349 | 23184 |
| Tokyo Electron, Ltd.  | 101800 | 22584 |
| TDK Corp.  | 1164600 | 20083 |
| Halma PLC  | 355171 | 16548 |
| SK hynix, Inc. (GDR)  | 35101 | 13713 |
| OBIC Co., Ltd.  | 386085 | 11972 |
| Nemetschek SE  | 45692 | 5266 |
| Capgemini SE  | 33849 | 5211 |
|  |  | 366902 |
| **Consumer discretionary 9.64%** | **Consumer discretionary 9.64%** | **Consumer discretionary 9.64%** |
| Amadeus IT Group SA, Class A, non-registered shares  | 489189 | 37401 |
| LVMH Moet Hennessy-Louis Vuitton SE  | 52079 | 36824 |
| Sony Group Corp.  | 1148800 | 32153 |
| MercadoLibre, Inc. <sup>(a)</sup>  | 13618 | 31693 |
| Industria de Diseno Textil SA  | 425655 | 23465 |
| Suzuki Motor Corp.  | 1408400 | 21023 |
| Ferrari NV (EUR denominated)  | 39403 | 15759 |
| Aristocrat Leisure, Ltd.  | 282715 | 11689 |
| Kering SA  | 28895 | 10211 |
| Evolution AB  | 142104 | 9500 |
| Moncler SpA  | 129848 | 7757 |
| InterContinental Hotels Group PLC  | 51147 | 6152 |
| Alibaba Group Holding, Ltd.  | 267400 | 5681 |
| Flutter Entertainment PLC <sup>(a)</sup>  | 16735 | 3892 |
| B&M European Value Retail SA  | 478270 | 1134 |
|  |  | 254334 |
| **Health care 9.30%** | **Health care 9.30%** | **Health care 9.30%** |
| AstraZeneca PLC  | 370996 | 61113 |
| Novo Nordisk AS, Class B  | 1013408 | 49999 |
| EssilorLuxottica SA  | 111393 | 40901 |
| Daiichi Sankyo Co., Ltd.  | 1125900 | 26943 |
| Chugai Pharmaceutical Co., Ltd.  | 421600 | 19446 |
| HOYA Corp.  | 80500 | 13049 |
| BeOne Medicines, Ltd. (ADR) <sup>(a)</sup>  | 39379 | 12227 |
| Terumo Corp.  | 443600 | 7221 |
| QIAGEN NV  | 114416 | 5361 |
| Innovent Biologics, Inc. <sup>(a)</sup>  | 434000 | 4834 |
| Roche Holding AG, nonvoting non-registered shares  | 7300 | 2357 |
| Asahi Intecc Co., Ltd.  | 120500 | 1908 |
|  |  | 245359 |
| **Consumer staples 6.50%** | **Consumer staples 6.50%** | **Consumer staples 6.50%** |
| Nestle SA  | 366924 | 35052 |
| L'Oreal SA, non-registered shares  | 79984 | 33401 |
| British American Tobacco PLC  | 458387 | 23464 |
| Danone SA  | 251188 | 22186 |
| Imperial Brands PLC  | 542361 | 21555 |
| Anheuser-Busch InBev SA/NV  | 218304 | 13306 |
| Pernod Ricard SA  | 97984 | 9600 |
| Unilever PLC  | 139307 | 8359 |
| Carlsberg A/S, Class B  | 39231 | 4611 |
|  |  | 171534 |

---

American Funds International Vantage Fund<sub>2</sub>

------

---

| | | |
|:---|:---|:---|
| Common stocks (continued) | Shares | Value<br> (000)<br>|
| **Utilities 4.02%** | **Utilities 4.02%** | **Utilities 4.02%** |
| RWE AG  | 798211 | $39257 |
| Iberdrola SA, non-registered shares  | 1788867 | 36218 |
| Engie SA  | 1307971 | 30607 |
|  |  | 106082 |
| **Materials 3.32%** | **Materials 3.32%** | **Materials 3.32%** |
| Air Liquide SA  | 133785 | 25923 |
| Shin-Etsu Chemical Co., Ltd.  | 680300 | 20546 |
| Barrick Mining Corp.  | 290740 | 9536 |
| Barrick Mining Corp. (CAD denominated)  | 243640 | 7998 |
| Heidelberg Materials AG, non-registered shares  | 46727 | 10940 |
| Antofagasta PLC  | 172438 | 6305 |
| Rio Tinto PLC  | 39304 | 2814 |
| BASF SE  | 36214 | 1787 |
| Smurfit Westrock PLC  | 47816 | 1766 |
|  |  | 87615 |
| **Communication services 2.59%** | **Communication services 2.59%** | **Communication services 2.59%** |
| Nintendo Co., Ltd.  | 347300 | 29755 |
| Tencent Holdings, Ltd.  | 240400 | 19541 |
| Koninklijke KPN NV  | 1422955 | 6586 |
| Spotify Technology SA <sup>(a)</sup>  | 7357 | 4821 |
| Capcom Co., Ltd.  | 111900 | 2923 |
| Swisscom AG <sup>(a)</sup>  | 3710 | 2715 |
| NetEase, Inc.  | 68000 | 1903 |
|  |  | 68244 |
| **Energy 0.90%** | **Energy 0.90%** | **Energy 0.90%** |
| TotalEnergies SE  | 380016 | 23664 |
| **Total common stocks** (cost: $1,608,403,000) | **Total common stocks** (cost: $1,608,403,000) | 2505532 |
| Short-term securities 4.88% |  |  |
| **Money market investments 4.88%** | **Money market investments 4.88%** | **Money market investments 4.88%** |
| Capital Group Central Cash Fund 4.08% <sup>(b)(c)</sup>  | 1287264 | 128752 |
| **Total short-term securities** (cost: $128,724,000) | **Total short-term securities** (cost: $128,724,000) | 128752 |
| **Total investment securities 99.87%** (cost: $1,737,127,000) | **Total investment securities 99.87%** (cost: $1,737,127,000) | 2634284 |
| Other assets less liabilities 0.13% | Other assets less liabilities 0.13% | 3428 |
| **Net assets 100.00%** | **Net assets 100.00%** | $2637712<br>|

---

---

| | |
|:---|:---|
| **3** | American Funds International Vantage Fund |

---

------

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

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>11/1/2024 <br>(000)<br>| Additions <br>(000)<br>| Reductions <br>(000)<br>| Net <br>realized <br>gain (loss) <br>(000)<br>| Net <br>unrealized <br>appreciation <br>(depreciation) <br>(000)<br>| Value at <br>10/31/2025 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 4.88%** |  |  |  |  |  |  |  |
| **Money market investments 4.88%** |  |  |  |  |  |  |  |
| Capital Group Central Cash Fund 4.08% <sup>(b)</sup>  | $125051 | &nbsp;&nbsp; $440999 | &nbsp;&nbsp; $437333 | &nbsp;&nbsp; $9 | &nbsp;&nbsp; $26 | &nbsp;&nbsp; $128752 | &nbsp;&nbsp; $4375 |

---

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

<sup>(b)</sup> Rate represents the seven-day yield at 10/31/2025.

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| ADR = American Depositary Receipts |
| CAD = Canadian dollars |
| EUR = Euros |
| GDR = Global Depositary Receipts |

---

Refer to the notes to financial statements.

American Funds International Vantage Fund<sub>4</sub>

------

Financial statements

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

------

(dollars in thousands)

---

| | | |
|:---|:---|:---|
| **Assets:** |  |  |
| Investment securities, at value: |  |  |
| Unaffiliated issuers (cost: $1,608,403) | $2505532 |  |
| Affiliated issuers (cost: $128,724) | 128752 | $2634284 |
| Cash |  | 51 |
| Cash denominated in currencies other than U.S. dollars (cost: $3) |  | 3 |
| Receivables for: |  |  |
| Sales of investments | 2115 |  |
| Sales of fund's shares | 3067 |  |
| Dividends and interest | 7614 |  |
| Securities lending income | 3 |  |
| Other | 53 | 12852<br>|
|  |  | 2647190 |
| **Liabilities:** |  |  |
| Payables for: |  |  |
| Purchases of investments | 4789 |  |
| Repurchases of fund's shares | 2884 |  |
| Investment advisory services | 1071 |  |
| Services provided by related parties | 54 |  |
| Trustees' deferred compensation | 99 |  |
| Non-U.S. taxes | 506 |  |
| Other | 75 | 9478<br>|
| **Net assets at October 31, 2025** |  | $2637712 |
| **Net assets consist of:** |  |  |
| Capital paid in on shares of beneficial interest |  | $1655616 |
| Total distributable earnings (accumulated loss) |  | 982096<br>|
| **Net assets at October 31, 2025** |  | $2637712 |

---

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **5** | American Funds International Vantage Fund |

---

------

Financial statements (continued)

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

------

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

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

**unlimited shares authorized (129,211 total shares outstanding)** 

---

| | | | |
|:---|:---|:---|:---|
|  | Net assets | Shares <br>outstanding<br>| Net asset value <br>per share<br>|
| Class A | $223806 | 11038 | $20.28 |
| Class C | 13164 | 657 | 20.03 |
| Class T | 14 | 1 | 20.40 |
| Class F-1 | 20481 | 1008 | 20.32 |
| Class F-2 | 1232950 | 60437 | 20.40 |
| Class F-3 | 940148 | 45924 | 20.47 |
| Class 529-A | 16057 | 791 | 20.28 |
| Class 529-C | 575 | 29 | 20.04 |
| Class 529-E | 865 | 43 | 20.24 |
| Class 529-T | 16 | 1 | 20.40 |
| Class 529-F-1 | 16 | 1 | 20.41 |
| Class 529-F-2 | 10963 | 539 | 20.33 |
| Class 529-F-3 | 16 | 1 | 20.35 |
| Class R-1 | 630 | 31 | 20.25 |
| Class R-2 | 2434 | 122 | 19.98 |
| Class R-2E | 251 | 12 | 20.28 |
| Class R-3 | 6189 | 307 | 20.14 |
| Class R-4 | 5606 | 274 | 20.47 |
| Class R-5E | 3348 | 164 | 20.36 |
| Class R-5 | 7368 | 361 | 20.40 |
| Class R-6 | 152815 | 7470 | 20.46 |

---

Refer to the notes to financial statements.

American Funds International Vantage Fund<sub>6</sub>

------

Financial statements (continued)

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

------

(dollars in thousands)

---

| | | |
|:---|:---|:---|
| **Investment income:** |  |  |
| Income: |  |  |
| Dividends (net of non-U.S. taxes of $3,528; <br>also includes $4,375 from affiliates)<br>| $53391 |  |
| Interest from unaffiliated issuers | 34 |  |
| Securities lending income (net of fees) | 13 | $53438 |
| Fees and expenses\*: |  |  |
| Investment advisory services | 10870 |  |
| Distribution services | 729 |  |
| Transfer agent services | 1349 |  |
| Administrative services | 682 |  |
| 529 plan services | 11 |  |
| Reports to shareholders | 61 |  |
| Registration statement and prospectus | 347 |  |
| Trustees' compensation | 22 |  |
| Auditing and legal | 103 |  |
| Custodian | 226 |  |
| Other | 80 |  |
| Total fees and expenses before waivers and/or reimbursements | 14480 |  |
| Less waivers and/or reimbursements of fees and expenses: |  |  |
| Transfer agent services waiver | 4 |  |
| Miscellaneous fee reimbursement | 157 |  |
| Total fees and expenses after waivers and/or reimbursements |  | 14319<br>|
| Net investment income |  | 39119<br>|
| **Net realized gain (loss) and unrealized appreciation (depreciation):** |  |  |
| Net realized gain (loss) on: |  |  |
| Investments: |  |  |
| Unaffiliated issuers | 73253 |  |
| Affiliated issuers | 9 |  |
| Currency transactions | 108 | 73370 |
| Net unrealized appreciation (depreciation) on: |  |  |
| Investments: |  |  |
| Unaffiliated issuers | 316942 |  |
| Affiliated issuers | 26 |  |
| Currency translations | 83 | 317051<br>|
| Net realized gain (loss) and unrealized appreciation (depreciation) |  | 390421<br>|
| **Net increase (decrease) in net assets resulting from operations** |  | $429540 |

---

\*

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

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| **7** | American Funds International Vantage Fund |

---

------

Financial statements (continued)

**Statements of changes in net assets**

------

(dollars in thousands)

---

| | | |
|:---|:---|:---|
|  | **Year ended October 31,** | **Year ended October 31,** |
|  | **2025** | **2024** |
| **Operations:** |  |  |
| Net investment income | $39119 | $32199 |
| Net realized gain (loss) | 73370 | (14316)<br>|
| Net unrealized appreciation (depreciation) | 317051 | 297856 |
| Net increase (decrease) in net assets resulting from operations | 429540 | 315739 |
| **Distributions paid to shareholders** | (30641)<br>| (25710)<br>|
| **Net capital share transactions** | 178134 | 219092 |
| **Total increase (decrease) in net assets**  | 577033 | 509121 |
| **Net assets:** |  |  |
| Beginning of year | 2060679 | 1551558 |
| End of year | $2637712 | $2060679 |

---

Refer to the notes to financial statements.

American Funds International Vantage Fund<sub>8</sub>

------

Notes to financial statements

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

**1. Organization**

------

American Funds International Vantage Fund (the "fund") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end, diversified management investment company. The fund seeks to provide prudent growth of capital and conservation of principal.

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

---

| | | | |
|:---|:---|:---|:---|
| **Share class** | **Initial sales charge** | &nbsp;&nbsp; **Contingent deferred sales** <br>**charge upon redemption**<br>| **Conversion feature** |
| Classes A and 529-A | &nbsp;&nbsp; Up to 5.75% for <br> Class A; up to 3.50% for <br> Class 529-A<br>| &nbsp;&nbsp; None (except 1.00% for certain <br> redemptions within 18 months of purchase <br> without an initial sales charge)<br>|  |
| Classes C and 529-C |  | &nbsp;&nbsp; 1.00% for redemptions within one year of <br> purchase<br>| &nbsp;&nbsp; Class C converts to Class A <br> after eight years and Class 529-C <br> converts to Class 529-A after five years<br>|
| Class 529-E |  |  |  |
| Classes T and 529-T\* | Up to 2.50% |  |  |
| Classes F-1, F-2, F-3, 529-F-1, <br> 529-F-2 and 529-F-3<br>|  |  |  |
| Classes R-1, R-2, R-2E, R-3, R-4, <br> R-5E, R-5 and R-6<br>|  |  |  |

---

\*

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

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

**2. Significant accounting policies**

------

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

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

---

| | |
|:---|:---|
| **9** | American Funds International Vantage Fund |

---

------

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

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

**Distributions paid to shareholders** — Income dividends and capital gain distributions are recorded on the 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 the 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 fund's investment adviser, values the fund's investments at fair value as defined by U.S. GAAP. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open.

**Methods and inputs** — The fund's investment adviser uses the following methods and inputs to establish the fair value of the fund's assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Equity securities, including depositary receipts, are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.

Fixed-income securities, including short-term securities, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

---

| | |
|:---|:---|
| **Fixed-income class** | **Examples of standard inputs** |
| All | &nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing models <br> such as yield measures calculated using factors such as cash flows, financial <br> or collateral performance and other reference data (collectively referred to <br> as "standard inputs")<br>|
| Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
| Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
| Mortgage-backed; asset-backed obligations | &nbsp;&nbsp; Standard inputs and cash flows, prepayment information, default rates, <br> delinquency and loss assumptions, collateral characteristics, credit <br> enhancements and specific deal information <br>|

---

American Funds International Vantage Fund<sub>10</sub>

------

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund's investment adviser. The Capital Group Central Cash Fund ("CCF"), a fund within the Capital Group Central Fund Series ("Central Funds"), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF's portfolio securities. The underlying securities are valued based on the policies and procedures in CCF's statement of additional information.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund's investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund's investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

**Processes and structure** — The fund's board of trustees has designated the fund's investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund's board and audit committee also regularly review reports that describe fair value determinations and methods.

**Classifications** — The fund's investment adviser classifies the fund's assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The fund's valuation levels as of October 31, 2025, were as follows (dollars in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investment securities** | **Investment securities** | **Investment securities** | **Investment securities** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Assets: |  |  |  |  |
| Common stocks: |  |  |  |  |
| Industrials | $38926 | $641568 | $— | $680494 |
| Financials |  | 501304 |  | 501304 |
| Information technology | 80925 | 285977 |  | 366902 |
| Consumer discretionary | 35585 | 218749 |  | 254334 |
| Health care | 17588 | 227771 |  | 245359 |
| Consumer staples |  | 171534 |  | 171534 |
| Utilities |  | 106082 |  | 106082 |
| Materials | 19300 | 68315 |  | 87615 |
| Communication services | 4821 | 63423 |  | 68244 |
| Energy |  | 23664 |  | 23664 |
| Short-term securities | 128752 |  |  | 128752 |
| Total | $325897 | $2308387 | $— | $2634284 |

---

---

| | |
|:---|:---|
| **11** | American Funds International Vantage Fund |

---

------

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

**4. Risk factors**

------

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

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

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

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

**Investing in growth-oriented stocks** — Growth-oriented common stocks and other equity-type securities (such as preferred stocks, convertible preferred stocks and convertible bonds) may involve larger price swings and greater potential for loss than other types of investments.

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

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

**5. Certain investment techniques**

------

**Securities lending** — The fund has entered into securities lending transactions in which the fund earns income by lending investment securities to brokers, dealers or other institutions. Each transaction involves three parties: the fund, acting as the lender of the securities, a borrower, and a lending agent that acts as an intermediary.

American Funds International Vantage Fund<sub>12</sub>

------

Securities lending transactions are entered into by the fund under a securities lending agent agreement with the lending agent. The lending agent facilitates the exchange of securities between the fund and approved borrowers, ensures that securities loans are properly coordinated and documented, marks-to-market the value of collateral daily, secures additional collateral from a borrower if it falls below preset terms, and may reinvest cash collateral on behalf of the fund according to agreed parameters. The lending agent provides indemnification to the fund against losses resulting from a borrower default. Although risk is mitigated by the collateral and indemnification, the fund could experience a delay in recovering its securities and a potential loss of income or value if a borrower fails to return securities, collateral investments decline in value or the lending agent fails to perform.

The borrower is required to post highly liquid assets, such as cash or U.S. government securities, as collateral for the loan in an amount at least equal to the value of the securities loaned. Investments made with cash collateral are recognized as assets in the fund's investment portfolio. The same amount is recorded as a liability in the fund's statement of assets and liabilities. While securities are on loan, the fund will continue to receive the equivalent of the interest, dividends or other distributions paid by the issuer, as well as a portion of the interest on the investment of the collateral. Additionally, although the fund does not have the right to vote on securities while they are on loan, the fund has a right to consent on corporate actions and a right to recall loaned securities to vote. A borrower is obligated to return loaned securities at the conclusion of a loan or, during the pendency of a loan, on demand from the fund.

As of October 31, 2025, the fund did not have any securities out on loan.

**6. Taxation and distributions**

------

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

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

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

**Non-U.S. taxation** — Dividend and interest income are recorded net of non-U.S. taxes paid. The fund may file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. As a result of rulings from European courts, the fund filed for additional reclaims related to prior years ("EU reclaims"). These reclaims are recorded when the amount is known and there are no significant uncertainties on collectability. During the year ended October 31, 2025, the fund recognized $8,000 in EU reclaims (net of $8,000 in fees and the effect of realized gain or loss from currency translations) and less than $1,000 in interest related to European court rulings, which is included in dividend income and interest income, respectively, in the fund's statement of operations. For U.S. income tax purposes, EU reclaims received by the fund reduce the amount of foreign taxes that a fund may pass through to its shareholders to be utilized as tax deductions or credit on their income tax returns. If the fund receives EU reclaims and either does not pass through foreign taxes in the current year or EU reclaims received exceed foreign taxes for the year, and the fund previously passed through the refunded EU taxes to its shareholders, the fund will enter into a closing agreement with the Internal Revenue Service in order to satisfy potential tax liability. Gains realized by the fund on the sale of securities in certain countries, if any, may be subject to non-U.S. taxes. The fund generally records 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; unrealized appreciation of certain investments in securities outside the U.S.; cost of investments sold and net capital losses. The fiscal year in which amounts are distributed may differ from the year in which the net investment income and net realized gains are recorded by the fund for financial reporting purposes. The fund may also designate a portion of the amount paid to redeeming shareholders as a distribution for tax purposes.

During the year ended October 31, 2025, the fund reclassified $2,956,000 from total distributable earnings to capital paid in on shares of beneficial interest to align financial reporting with tax reporting. The fund also utilized capital loss carryforward of $22,001,000.

---

| | |
|:---|:---|
| **13** | American Funds International Vantage Fund |

---

------

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

---

| | |
|:---|:---|
| Undistributed ordinary income | $35702 |
| Undistributed long-term capital gains | 49800 |
| Gross unrealized appreciation on investments | 923717 |
| Gross unrealized depreciation on investments | (27076)<br>|
| Net unrealized appreciation (depreciation) on investments | 896641 |
| Cost of investments | 1737643 |

---

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

---

| | | |
|:---|:---|:---|
| | **Year ended October 31,** | **Year ended October 31,** |
| <br>**Share class** | **2025** | **2024** |
| Class A | &nbsp;&nbsp; $1336 | $1284 |
| Class C | &nbsp;&nbsp; 32 | 39 |
| Class T | &nbsp;&nbsp; —<br> \*<br>| —<br> \*<br>|
| Class F-1 | &nbsp;&nbsp; 227 | 82 |
| Class F-2 | &nbsp;&nbsp; 14050 | 12433 |
| Class F-3 | &nbsp;&nbsp; 12903 | 10690 |
| Class 529-A | &nbsp;&nbsp; 119 | 86 |
| Class 529-C | &nbsp;&nbsp; 1 | 2 |
| Class 529-E | &nbsp;&nbsp; 3 | 5 |
| Class 529-T | &nbsp;&nbsp; —<br> \*<br>| —<br> \*<br>|
| Class 529-F-1 | &nbsp;&nbsp; —<br> \*<br>| —<br> \*<br>|
| Class 529-F-2 | &nbsp;&nbsp; 76 | 34 |
| Class 529-F-3 | &nbsp;&nbsp; —<br> \*<br>| —<br> \*<br>|
| Class R-1 | &nbsp;&nbsp; 2 | 1 |
| Class R-2 | &nbsp;&nbsp; 12 | 9 |
| Class R-2E | &nbsp;&nbsp; 3 | 3 |
| Class R-3 | &nbsp;&nbsp; 41 | 29 |
| Class R-4 | &nbsp;&nbsp; 64 | 60 |
| Class R-5E | &nbsp;&nbsp; 30 | 22 |
| Class R-5 | &nbsp;&nbsp; 113 | 112 |
| Class R-6 | &nbsp;&nbsp; 1629 | 819 |
| Total | &nbsp;&nbsp; $30641 | $25710 |

---

\*

Amount less than one thousand.

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

------

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

**Investment advisory services** — The fund has an investment advisory and service agreement with CRMC that provides for monthly fees accrued daily. These fees are based on a series of decreasing annual rates beginning with 0.478% on the first $15.0 billion of daily net assets and decreasing to 0.450% on such assets in excess of $15.0 billion. For the year ended October 31, 2025, the investment advisory services fees were $10,870,000, which were equivalent to an annualized rate of 0.478% of average daily net assets.

American Funds International Vantage Fund<sub>14</sub>

------

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

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

---

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

---

For Class A and 529-A shares, distribution-related expenses include the reimbursement of dealer and wholesaler commissions paid by CCG for certain shares sold without a sales charge. These share classes reimburse CCG for amounts billed within the prior 15 months but only to the extent that the overall annual expense limits are not exceeded. As of October 31, 2025, unreimbursed expenses subject to reimbursement totaled $5,000 for Class A shares. There were no unreimbursed expenses subject to reimbursement for Class 529-A shares.

**Transfer agent services** — The fund has a shareholder services agreement with AFS under which the fund compensates AFS for providing transfer agent services to each of the fund's share classes. These services include recordkeeping, shareholder communications and transaction processing. Under this agreement, the fund also pays sub-transfer agency fees to AFS. These fees are paid by AFS to third parties for performing transfer agent services on behalf of fund shareholders. For the year ended October 31, 2025, AFS waived transfer agent services fees of $3,000 for Class R-3 shares and $1,000 for Class R-5E shares. AFS does not intend to recoup the waiver.

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

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

The quarterly fees are based on a series of decreasing annual rates beginning with 0.09% on the first $20 billion of the combined net assets invested in the American Funds and decreasing to 0.03% on such assets in excess of $75 billion. The fees for any given calendar quarter are accrued and calculated on the basis of the average net assets of Class 529 and ABLE shares of the American Funds for the last month of the prior calendar quarter. For the year ended October 31, 2025, the 529 plan services fees were $11,000, which were equivalent to 0.053% of the average daily net assets of each 529 share class.

---

| | |
|:---|:---|
| **15** | American Funds International Vantage Fund |

---

------

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Share class** | **Distribution** <br>**services**<br>| **Transfer agent** <br>**services**<br>| **Administrative** <br>**services**<br>| **529 plan** <br>**services**<br>|
| Class A | $497 | $219 | $50 | Not applicable |
| Class C | 94 | 13 | 3 | Not applicable |
| Class T |  | —<br> \*<br>| —<br> \*<br>| Not applicable |
| Class F-1 | 48 | 23 | 6 | Not applicable |
| Class F-2 | Not applicable | 1039 | 315 | Not applicable |
| Class F-3 | Not applicable |  | 257 | Not applicable |
| Class 529-A | 25 | 15 | 4 | $7 |
| Class 529-C | 5 | 1 | —<br> \*<br>| —<br> \*<br>|
| Class 529-E | 3 | —<br> \*<br>| —<br> \*<br>| —<br> \*<br>|
| Class 529-T |  | —<br> \*<br>| —<br> \*<br>| —<br> \*<br>|
| Class 529-F-1 |  | —<br> \*<br>| —<br> \*<br>| —<br> \*<br>|
| Class 529-F-2 | Not applicable | 5 | 2 | 4 |
| Class 529-F-3 | Not applicable | —<br> \*<br>| —<br> \*<br>| —<br> \*<br>|
| Class R-1 | 3 | —<br> \*<br>| —<br> \*<br>| Not applicable |
| Class R-2 | 14 | 6 | 1 | Not applicable |
| Class R-2E | 2 | 1 | —<br> \*<br>| Not applicable |
| Class R-3 | 25 | 10 | 1 | Not applicable |
| Class R-4 | 13 | 5 | 1 | Not applicable |
| Class R-5E | Not applicable | 5 | 1 | Not applicable |
| Class R-5 | Not applicable | 4 | 2 | Not applicable |
| Class R-6 | Not applicable | 3 | 39 | Not applicable |
| Total class-specific expenses | $729 | $1349 | $682 | $11 |

---

\*

Amount less than one thousand.

**Miscellaneous fee reimbursement** — CRMC has agreed to reimburse a portion of miscellaneous fees and expenses of the fund. For the year ended October 31, 2025, total fees and expenses reimbursed by CRMC were $157,000, which CRMC does not intend to recoup. This reimbursement may be adjusted or discontinued, subject to any restrictions in the fund's prospectus. Fees and expenses in the statement of operations are presented gross of any reimbursement from CRMC.

**Trustees' deferred compensation** — Trustees who are unaffiliated with CRMC may elect to defer the cash payment of part or all of their compensation. These deferred amounts, which remain as liabilities of the fund, are treated as if invested in shares of the fund or other American Funds. These amounts represent general, unsecured liabilities of the fund and vary according to the total returns of the selected funds. Trustees' compensation of $22,000 in the fund's statement of operations reflects $10,000 in current fees (either paid in cash or deferred) and a net increase of $12,000 in the value of the deferred amounts.

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

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

**Security transactions with related funds** — The fund purchased investment securities from, and sold investment securities to, other funds managed by CRMC (or funds managed by certain affiliates of CRMC) under procedures adopted by the fund's board of trustees. The funds involved in such transactions are considered related by virtue of having a common investment adviser (or affiliated investment advisers), common trustees and/or common officers. Each transaction was executed at the current market price of the security and no brokerage commissions or fees were paid in accordance with Rule 17a-7 of the 1940 Act. During the year ended October 31, 2025, the fund engaged in such purchase and sale transactions with related funds in the amounts of $41,158,000 and $27,833,000, respectively, which generated $2,970,000 of net realized gains from such sales.

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

---

| | |
|:---|:---|
| American Funds International Vantage Fund | **16** |

---

------

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

**8. Indemnifications**

------

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

**9. Capital share transactions**

------

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Sales\*** | **Sales\*** | **Reinvestments of**<br> **distributions** | **Reinvestments of**<br> **distributions** | **Repurchases\*** | **Repurchases\*** | **Net increase**<br> **(decrease)** | **Net increase**<br> **(decrease)** |
| <br>**Share class** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended October 31, 2025** | **Year ended October 31, 2025** | **Year ended October 31, 2025** | **Year ended October 31, 2025** | **Year ended October 31, 2025** | **Year ended October 31, 2025** | **Year ended October 31, 2025** | **Year ended October 31, 2025** | **Year ended October 31, 2025** |
| Class A | $122428 | 6648 | &nbsp;&nbsp;&nbsp; $1306 | 78 | &nbsp;&nbsp;&nbsp; $(48714)<br>| (2675)<br>| &nbsp;&nbsp;&nbsp; $75020 | 4051 |
| Class C | 6161 | 331 | &nbsp;&nbsp;&nbsp; 31 | 2 | &nbsp;&nbsp;&nbsp; (2306)<br>| (129)<br>| &nbsp;&nbsp;&nbsp; 3886 | 204 |
| Class T |  |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  |
| Class F-1 | 6722 | 370 | &nbsp;&nbsp;&nbsp; 227 | 14 | &nbsp;&nbsp;&nbsp; (8534)<br>| (465)<br>| &nbsp;&nbsp;&nbsp; (1585)<br>| (81)<br>|
| Class F-2 | 358732 | 19423 | &nbsp;&nbsp;&nbsp; 13153 | 781 | &nbsp;&nbsp;&nbsp; (276183)<br>| (15240)<br>| &nbsp;&nbsp;&nbsp; 95702 | 4964 |
| Class F-3 | 116015 | 6349 | &nbsp;&nbsp;&nbsp; 12858 | 761 | &nbsp;&nbsp;&nbsp; (161213)<br>| (8956)<br>| &nbsp;&nbsp;&nbsp; (32340)<br>| (1846)<br>|
| Class 529-A | 6502 | 355 | &nbsp;&nbsp;&nbsp; 119 | 7 | &nbsp;&nbsp;&nbsp; (2040)<br>| (114)<br>| &nbsp;&nbsp;&nbsp; 4581 | 248 |
| Class 529-C | 318 | 18 | &nbsp;&nbsp;&nbsp; 1 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (175)<br>| (10)<br>| &nbsp;&nbsp;&nbsp; 144 | 8 |
| Class 529-E | 466 | 26 | &nbsp;&nbsp;&nbsp; 3 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (60)<br>| (3)<br>| &nbsp;&nbsp;&nbsp; 409 | 23 |
| Class 529-T |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-1 |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-2 | 6434 | 344 | &nbsp;&nbsp;&nbsp; 75 | 5 | &nbsp;&nbsp;&nbsp; (1360)<br>| (73)<br>| &nbsp;&nbsp;&nbsp; 5149 | 276 |
| Class 529-F-3 |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class R-1 | 366 | 20 | &nbsp;&nbsp;&nbsp; 1 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (12)<br>| (1)<br>| &nbsp;&nbsp;&nbsp; 355 | 19 |
| Class R-2 | 1351 | 75 | &nbsp;&nbsp;&nbsp; 12 | 1 | &nbsp;&nbsp;&nbsp; (761)<br>| (43)<br>| &nbsp;&nbsp;&nbsp; 602 | 33 |
| Class R-2E | 166 | 9 | &nbsp;&nbsp;&nbsp; 3 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (357)<br>| (19)<br>| &nbsp;&nbsp;&nbsp; (188)<br>| (10)<br>|
| Class R-3 | 2007 | 112 | &nbsp;&nbsp;&nbsp; 41 | 2 | &nbsp;&nbsp;&nbsp; (737)<br>| (42)<br>| &nbsp;&nbsp;&nbsp; 1311 | 72 |
| Class R-4 | 705 | 37 | &nbsp;&nbsp;&nbsp; 64 | 4 | &nbsp;&nbsp;&nbsp; (1187)<br>| (64)<br>| &nbsp;&nbsp;&nbsp; (418)<br>| (23)<br>|
| Class R-5E | 1575 | 86 | &nbsp;&nbsp;&nbsp; 30 | 1 | &nbsp;&nbsp;&nbsp; (765)<br>| (42)<br>| &nbsp;&nbsp;&nbsp; 840 | 45 |
| Class R-5 | 721 | 40 | &nbsp;&nbsp;&nbsp; 113 | 7 | &nbsp;&nbsp;&nbsp; (2311)<br>| (121)<br>| &nbsp;&nbsp;&nbsp; (1477)<br>| (74)<br>|
| Class R-6 | 63747 | 3510 | &nbsp;&nbsp;&nbsp; 1629 | 96 | &nbsp;&nbsp;&nbsp; (39233)<br>| (2122)<br>| &nbsp;&nbsp;&nbsp; 26143 | 1484 |
| Total net increase (decrease) | $694416 | 37753 | &nbsp;&nbsp;&nbsp; $29666 | 1759 | &nbsp;&nbsp;&nbsp; $(545948)<br>| (30119)<br>| &nbsp;&nbsp;&nbsp; $178134 | 9393 |

---

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

---

| | |
|:---|:---|
| **17** | American Funds International Vantage Fund |

---

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Sales\*** | **Sales\*** | **Reinvestments of**<br> **distributions** | **Reinvestments of**<br> **distributions** | **Repurchases\*** | **Repurchases\*** | **Net increase**<br> **(decrease)** | **Net increase**<br> **(decrease)** |
| <br>**Share class** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** | **Amount** | **Shares** |
| **Year ended October 31, 2024** | **Year ended October 31, 2024** | **Year ended October 31, 2024** | **Year ended October 31, 2024** | **Year ended October 31, 2024** | **Year ended October 31, 2024** | **Year ended October 31, 2024** | **Year ended October 31, 2024** | **Year ended October 31, 2024** |
| Class A | $33565 | 2018 | &nbsp;&nbsp;&nbsp; $1273 | 81 | &nbsp;&nbsp;&nbsp; $(32348)<br>| (1938)<br>| &nbsp;&nbsp;&nbsp; $2490 | 161 |
| Class C | 2689 | 164 | &nbsp;&nbsp;&nbsp; 38 | 2 | &nbsp;&nbsp;&nbsp; (2614)<br>| (157)<br>| &nbsp;&nbsp;&nbsp; 113 | 9 |
| Class T |  |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — |  |
| Class F-1 | 15080 | 912 | &nbsp;&nbsp;&nbsp; 82 | 5 | &nbsp;&nbsp;&nbsp; (4937)<br>| (295)<br>| &nbsp;&nbsp;&nbsp; 10225 | 622 |
| Class F-2 | 286075 | 17197 | &nbsp;&nbsp;&nbsp; 11640 | 741 | &nbsp;&nbsp;&nbsp; (238018)<br>| (14209)<br>| &nbsp;&nbsp;&nbsp; 59697 | 3729 |
| Class F-3 | 172438 | 10330 | &nbsp;&nbsp;&nbsp; 10622 | 674 | &nbsp;&nbsp;&nbsp; (95384)<br>| (5638)<br>| &nbsp;&nbsp;&nbsp; 87676 | 5366 |
| Class 529-A | 3661 | 219 | &nbsp;&nbsp;&nbsp; 85 | 6 | &nbsp;&nbsp;&nbsp; (2317)<br>| (138)<br>| &nbsp;&nbsp;&nbsp; 1429 | 87 |
| Class 529-C | 106 | 6 | &nbsp;&nbsp;&nbsp; 2 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (221)<br>| (13)<br>| &nbsp;&nbsp;&nbsp; (113)<br>| (7)<br>|
| Class 529-E | 11 | 1 | &nbsp;&nbsp;&nbsp; 5 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (151)<br>| (9)<br>| &nbsp;&nbsp;&nbsp; (135)<br>| (8)<br>|
| Class 529-T |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-1 |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class 529-F-2 | 2272 | 134 | &nbsp;&nbsp;&nbsp; 34 | 2 | &nbsp;&nbsp;&nbsp; (592)<br>| (36)<br>| &nbsp;&nbsp;&nbsp; 1714 | 100 |
| Class 529-F-3 |  |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp; — <br><sup>†</sup><br>| — <br><sup>†</sup><br>|
| Class R-1 | 27 | 1 | &nbsp;&nbsp;&nbsp; 1 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (3)<br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; 25 | 1 |
| Class R-2 | 632 | 38 | &nbsp;&nbsp;&nbsp; 8 | 1 | &nbsp;&nbsp;&nbsp; (192)<br>| (12)<br>| &nbsp;&nbsp;&nbsp; 448 | 27 |
| Class R-2E | 34 | 3 | &nbsp;&nbsp;&nbsp; 3 | — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; (1)<br>| — <br><sup>†</sup><br>| &nbsp;&nbsp;&nbsp; 36 | 3 |
| Class R-3 | 2166 | 132 | &nbsp;&nbsp;&nbsp; 28 | 2 | &nbsp;&nbsp;&nbsp; (594)<br>| (36)<br>| &nbsp;&nbsp;&nbsp; 1600 | 98 |
| Class R-4 | 1309 | 76 | &nbsp;&nbsp;&nbsp; 60 | 4 | &nbsp;&nbsp;&nbsp; (1430)<br>| (86)<br>| &nbsp;&nbsp;&nbsp; (61)<br>| (6)<br>|
| Class R-5E | 717 | 43 | &nbsp;&nbsp;&nbsp; 22 | 1 | &nbsp;&nbsp;&nbsp; (374)<br>| (22)<br>| &nbsp;&nbsp;&nbsp; 365 | 22 |
| Class R-5 | 759 | 45 | &nbsp;&nbsp;&nbsp; 112 | 7 | &nbsp;&nbsp;&nbsp; (1147)<br>| (67)<br>| &nbsp;&nbsp;&nbsp; (276)<br>| (15)<br>|
| Class R-6 | 68116 | 4054 | &nbsp;&nbsp;&nbsp; 819 | 53 | &nbsp;&nbsp;&nbsp; (15076)<br>| (894)<br>| &nbsp;&nbsp;&nbsp; 53859 | 3213 |
| Total net increase (decrease) | $589657 | 35373 | &nbsp;&nbsp;&nbsp; $24834 | 1579 | &nbsp;&nbsp;&nbsp; $(395399)<br>| (23550)<br>| &nbsp;&nbsp;&nbsp; $219092 | 13402 |

---

\*

Includes exchanges between share classes of the fund.

<sup>†</sup>

Amount less than one thousand.

**10. Investment transactions**

------

The fund engaged in purchases and sales of investment securities, excluding short-term securities and U.S. government obligations,

if any, of $876,396,000 and $695,540,000, respectively, during the year ended October 31, 2025.

---

| | |
|:---|:---|
| American Funds International Vantage Fund | **18** |

---

------

Financial highlights

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Dividends and distributions** | **Dividends and distributions** | **Dividends and distributions** | | | | | | |
| <br>**Year ended**  | <br>**Net asset** <br>**value,** <br>**beginning** <br>**of year**<br>| **Net** <br>**investment** <br>**income** <br>**(loss)**<sup>2</sup> <br>| **Net gains** <br>**(losses) on** <br>**securities** <br>**(both** <br>**realized and** <br>**unrealized)**<br>| **Total from** <br>**investment** <br>**operations**<br>| **Dividends** <br>**(from net** <br>**investment** <br>**income)**<br>| **Distributions** <br>**(from capital** <br>**gains)**<br>| **Total** <br>**dividends** <br>**and** <br>**distributions**<br>| <br>**Net asset** <br>**value,** <br>**end** <br>**of year**<br>| <br>**Total return**<sup>3,4</sup> <br>| <br>**Net assets,** <br>**end of** <br>**year** <br>**(in millions)** <br>| <br>**Ratio of** <br>**expenses to** <br>**average net** <br>**assets before** <br>**waivers/** <br>**reimburse-** <br>**ments**<sup>5</sup> <br>| <br>**Ratio of** <br>**expenses to** <br>**average net** <br>**assets after** <br>**waivers/** <br>**reimburse-** <br>**ments**<sup>4,5</sup> <br>| <br>**Ratio of** <br>**net income** <br>**(loss) to** <br>**average** <br>**net assets**<sup>2,4</sup> <br>|
| **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  | **Class A:**  |
| 10/31/2025 | $17.07 | $.26 | $3.14 | $3.40 | $(.19)<br>| $— | $(.19)<br>| $20.28 | 20.17<br> %<br>| $224 | .98<br> %<br>| .97<br> %<br>| 1.41<br> %<br>|
| 10/31/2024 | 14.48 | .21 | 2.57 | 2.78 | (.19)<br>|  | (.19)<br>| 17.07 | 19.30 | 119 | .99 | .99 | 1.26 |
| 10/31/2023 | 12.99 | .23 | 1.41 | 1.64 | (.14)<br>| (.01)<br>| (.15)<br>| 14.48 | 12.50 | 99 | 1.01 | .99 | 1.51 |
| 10/31/2022 | 17.83 | .17 | (4.57)<br>| (4.40)<br>| (.13)<br>| (.31)<br>| (.44)<br>| 12.99 | (25.12)<br>| 55 | 1.08 | 1.06 | 1.14 |
| 10/31/2021 | 14.47 | .09 | 3.67 | 3.76 | (.07)<br>| (.33)<br>| (.40)<br>| 17.83 | 26.32 | 62 | 1.13 | 1.10 | .54 |
| **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  | **Class C:**  |
| 10/31/2025 | 16.86 | .12 | 3.12 | 3.24 | (.07)<br>|  | (.07)<br>| 20.03 | 19.31 | 13 | 1.68 | 1.67 | .64 |
| 10/31/2024 | 14.31 | .10 | 2.54 | 2.64 | (.09)<br>|  | (.09)<br>| 16.86 | 18.48 | 8 | 1.69 | 1.69 | .58 |
| 10/31/2023 | 12.83 | .13 | 1.40 | 1.53 | (.04)<br>| (.01)<br>| (.05)<br>| 14.31 | 11.74 | 6 | 1.71 | 1.69 | .82 |
| 10/31/2022 | 17.65 | .07 | (4.53)<br>| (4.46)<br>| (.05)<br>| (.31)<br>| (.36)<br>| 12.83 | (25.64)<br>| 4 | 1.78 | 1.76 | .48 |
| 10/31/2021 | 14.39 | (.01)<br>| 3.62 | 3.61 | (.02)<br>| (.33)<br>| (.35)<br>| 17.65 | 25.38 | 5 | 1.82 | 1.79 | (.08)<br>|
| **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  | **Class T:**  |
| 10/31/2025 | 17.18 | .31 | 3.16 | 3.47 | (.25)<br>|  | (.25)<br>| 20.40 | 20.47 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .68 <br><sup>6</sup><br>| .68 <br><sup>6</sup><br>| 1.68 <br><sup>6</sup><br>|
| 10/31/2024 | 14.57 | .26 | 2.58 | 2.84 | (.23)<br>|  | (.23)<br>| 17.18 | 19.68 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .69 <br><sup>6</sup><br>| .69 <br><sup>6</sup><br>| 1.56 <br><sup>6</sup><br>|
| 10/31/2023 | 13.06 | .27 | 1.43 | 1.70 | (.18)<br>| (.01)<br>| (.19)<br>| 14.57 | 12.90 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .71 <br><sup>6</sup><br>| .69 <br><sup>6</sup><br>| 1.78 <br><sup>6</sup><br>|
| 10/31/2022 | 17.91 | .22 | (4.59)<br>| (4.37)<br>| (.17)<br>| (.31)<br>| (.48)<br>| 13.06 | (24.96 )<sup>6</sup><br>| — <br><sup>7</sup><br>| .78 <br><sup>6</sup><br>| .76 <br><sup>6</sup><br>| 1.44 <br><sup>6</sup><br>|
| 10/31/2021 | 14.47 | .13 | 3.69 | 3.82 | (.05)<br>| (.33)<br>| (.38)<br>| 17.91 | 26.77 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .83 <br><sup>6</sup><br>| .80 <br><sup>6</sup><br>| .78 <br><sup>6</sup><br>|
| **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  | **Class F-1:**  |
| 10/31/2025 | 17.12 | .26 | 3.15 | 3.41 | (.21)<br>|  | (.21)<br>| 20.32 | 20.19 | 21 | .92 | .91 | 1.43 |
| 10/31/2024 | 14.51 | .25 | 2.55 | 2.80 | (.19)<br>|  | (.19)<br>| 17.12 | 19.39 | 19 | .91 | .91 | 1.49 |
| 10/31/2023 | 13.00 | .25 | 1.42 | 1.67 | (.15)<br>| (.01)<br>| (.16)<br>| 14.51 | 12.66 | 7 | .92 | .90 | 1.65 |
| 10/31/2022 | 17.84 | .19 | (4.59)<br>| (4.40)<br>| (.13)<br>| (.31)<br>| (.44)<br>| 13.00 | (25.11)<br>| 3 | 1.02 | 1.00 | 1.25 |
| 10/31/2021 | 14.48 | .10 | 3.67 | 3.77 | (.08)<br>| (.33)<br>| (.41)<br>| 17.84 | 26.42 | 4 | 1.07 | 1.04 | .60 |
| **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  | **Class F-2:**  |
| 10/31/2025 | 17.18 | .31 | 3.16 | 3.47 | (.25)<br>|  | (.25)<br>| 20.40 | 20.54 | 1233 | .64 | .64 | 1.71 |
| 10/31/2024 | 14.57 | .28 | 2.57 | 2.85 | (.24)<br>|  | (.24)<br>| 17.18 | 19.70 | 953 | .64 | .63 | 1.63 |
| 10/31/2023 | 13.06 | .28 | 1.43 | 1.71 | (.19)<br>| (.01)<br>| (.20)<br>| 14.57 | 13.03 | 754 | .65 | .63 | 1.81 |
| 10/31/2022 | 17.91 | .23 | (4.59)<br>| (4.36)<br>| (.18)<br>| (.31)<br>| (.49)<br>| 13.06 | (24.94)<br>| 432 | .74 | .72 | 1.52 |
| 10/31/2021 | 14.51 | .15 | 3.68 | 3.83 | (.10)<br>| (.33)<br>| (.43)<br>| 17.91 | 26.77 | 484 | .80 | .77 | .89 |
| **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  | **Class F-3:**  |
| 10/31/2025 | 17.24 | .33 | 3.17 | 3.50 | (.27)<br>|  | (.27)<br>| 20.47 | 20.64 | 940 | .54 | .54 | 1.81 |
| 10/31/2024 | 14.61 | .29 | 2.59 | 2.88 | (.25)<br>|  | (.25)<br>| 17.24 | 19.87 | 824 | .54 | .54 | 1.73 |
| 10/31/2023 | 13.10 | .30 | 1.42 | 1.72 | (.20)<br>| (.01)<br>| (.21)<br>| 14.61 | 13.10 | 620 | .56 | .54 | 1.93 |
| 10/31/2022 | 17.95 | .24 | (4.59)<br>| (4.35)<br>| (.19)<br>| (.31)<br>| (.50)<br>| 13.10 | (24.84)<br>| 519 | .64 | .59 | 1.60 |
| 10/31/2021 | 14.53 | .15 | 3.70 | 3.85 | (.10)<br>| (.33)<br>| (.43)<br>| 17.95 | 26.90 | 682 | .71 | .65 | .90 |
| **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  | **Class 529-A:**  |
| 10/31/2025 | 17.09 | .27 | 3.13 | 3.40 | (.21)<br>|  | (.21)<br>| 20.28 | 20.15 | 16 | .93 | .92 | 1.45 |
| 10/31/2024 | 14.49 | .23 | 2.56 | 2.79 | (.19)<br>|  | (.19)<br>| 17.09 | 19.44 | 9 | .93 | .93 | 1.34 |
| 10/31/2023 | 12.99 | .23 | 1.42 | 1.65 | (.14)<br>| (.01)<br>| (.15)<br>| 14.49 | 12.57 | 7 | 1.01 | .99 | 1.51 |
| 10/31/2022 | 17.84 | .18 | (4.58)<br>| (4.40)<br>| (.14)<br>| (.31)<br>| (.45)<br>| 12.99 | (25.18)<br>| 4 | 1.08 | 1.06 | 1.19 |
| 10/31/2021 | 14.46 | .10 | 3.67 | 3.77 | (.06)<br>| (.33)<br>| (.39)<br>| 17.84 | 26.42 | 5 | 1.06 | 1.03 | .60 |

---

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

---

| | |
|:---|:---|
| **19** | American Funds International Vantage Fund |

---

------

Financial highlights (continued)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Dividends and distributions** | **Dividends and distributions** | **Dividends and distributions** | | | | | | |
| <br>**Year ended**  | <br>**Net asset**<br> **value,**<br> **beginning**<br> **of year**<br>| **Net**<br> **investment**<br> **income**<br> **(loss)**<sup>2</sup><br>| **Net gains**<br> **(losses) on**<br> **securities**<br> **(both**<br> **realized and**<br> **unrealized)**<br>| **Total from**<br> **investment**<br> **operations**<br>| **Dividends**<br> **(from net**<br> **investment**<br> **income)**<br>| **Distributions**<br> **(from capital**<br> **gains)**<br>| **Total**<br> **dividends**<br> **and**<br> **distributions**<br>| <br>**Net asset**<br> **value,**<br> **end**<br> **of year**<br>| <br>**Total return**<sup>3,4</sup> | <br>**Net assets,**<br> **end of**<br> **year**<br> **(in millions)** <br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets before**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>5</sup><br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets after**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>4,5</sup><br>| <br>**Ratio of**<br> **net income**<br> **(loss) to**<br> **average**<br> **net assets**<sup>2,4</sup><br>|
| **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  | **Class 529-C:**  |
| 10/31/2025 | $16.86 | $.13 | $3.11 | $3.24 | $(.06)<br>| $— | $(.06)<br>| $20.04 | 19.26<br> %<br>| $1 | 1.72<br> %<br>| 1.71<br> %<br>| .72<br> %<br>|
| 10/31/2024 | 14.30 | .09 | 2.54 | 2.63 | (.07)<br>|  | (.07)<br>| 16.86 | 18.45 | — <br><sup>7</sup><br>| 1.71 | 1.70 | .55 |
| 10/31/2023 | 12.82 | .12 | 1.41 | 1.53 | (.04)<br>| (.01)<br>| (.05)<br>| 14.30 | 11.74 | — <br><sup>7</sup><br>| 1.73 | 1.71 | .80 |
| 10/31/2022 | 17.67 | .06 | (4.53)<br>| (4.47)<br>| (.07)<br>| (.31)<br>| (.38)<br>| 12.82 | (25.66)<br>| — <br><sup>7</sup><br>| 1.80 | 1.78 | .43 |
| 10/31/2021 | 14.37 | (.01)<br>| 3.64 | 3.63 |  | (.33)<br>| (.33)<br>| 17.67 | 25.48 | 1 | 1.81 | 1.77 | (.05)<br>|
| **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  | **Class 529-E:**  |
| 10/31/2025 | 17.02 | .23 | 3.13 | 3.36 | (.14)<br>|  | (.14)<br>| 20.24 | 19.90 | 1 | 1.17 | 1.17 | 1.25 |
| 10/31/2024 | 14.47 | .19 | 2.55 | 2.74 | (.19)<br>|  | (.19)<br>| 17.02 | 19.04 | — <br><sup>7</sup><br>| 1.18 | 1.17 | 1.11 |
| 10/31/2023 | 12.99 | .18 | 1.45 | 1.63 | (.14)<br>| (.01)<br>| (.15)<br>| 14.47 | 12.38 | — <br><sup>7</sup><br>| 1.17 | 1.16 | 1.19 |
| 10/31/2022 | 17.84 | .14 | (4.57)<br>| (4.43)<br>| (.11)<br>| (.31)<br>| (.42)<br>| 12.99 | (25.21)<br>| — <br><sup>7</sup><br>| 1.21 | 1.18 | .91 |
| 10/31/2021 | 14.47 | .13 | 3.62 | 3.75 | (.05)<br>| (.33)<br>| (.38)<br>| 17.84 | 26.16 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| 1.24 <br><sup>6</sup><br>| 1.20 <br><sup>6</sup><br>| .75 <br><sup>6</sup><br>|
| **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  | **Class 529-T:**  |
| 10/31/2025 | 17.18 | .30 | 3.16 | 3.46 | (.24)<br>|  | (.24)<br>| 20.40 | 20.42 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .72 <br><sup>6</sup><br>| .71 <br><sup>6</sup><br>| 1.64 <br><sup>6</sup><br>|
| 10/31/2024 | 14.56 | .26 | 2.58 | 2.84 | (.22)<br>|  | (.22)<br>| 17.18 | 19.63 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .73 <br><sup>6</sup><br>| .73 <br><sup>6</sup><br>| 1.52 <br><sup>6</sup><br>|
| 10/31/2023 | 13.05 | .27 | 1.42 | 1.69 | (.17)<br>| (.01)<br>| (.18)<br>| 14.56 | 12.83 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .76 <br><sup>6</sup><br>| .74 <br><sup>6</sup><br>| 1.73 <br><sup>6</sup><br>|
| 10/31/2022 | 17.90 | .21 | (4.59)<br>| (4.38)<br>| (.16)<br>| (.31)<br>| (.47)<br>| 13.05 | (24.96 )<sup>6</sup><br>| — <br><sup>7</sup><br>| .83 <br><sup>6</sup><br>| .81 <br><sup>6</sup><br>| 1.39 <br><sup>6</sup><br>|
| 10/31/2021 | 14.48 | .12 | 3.69 | 3.81 | (.06)<br>| (.33)<br>| (.39)<br>| 17.90 | 26.64 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .88 <br><sup>6</sup><br>| .85 <br><sup>6</sup><br>| .73 <br><sup>6</sup><br>|
| **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  | **Class 529-F-1:**  |
| 10/31/2025 | 17.19 | .30 | 3.16 | 3.46 | (.24)<br>|  | (.24)<br>| 20.41 | 20.43 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .72 <br><sup>6</sup><br>| .71 <br><sup>6</sup><br>| 1.65 <br><sup>6</sup><br>|
| 10/31/2024 | 14.57 | .26 | 2.58 | 2.84 | (.22)<br>|  | (.22)<br>| 17.19 | 19.65 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .73 <br><sup>6</sup><br>| .72 <br><sup>6</sup><br>| 1.52 <br><sup>6</sup><br>|
| 10/31/2023 | 13.06 | .27 | 1.43 | 1.70 | (.18)<br>| (.01)<br>| (.19)<br>| 14.57 | 12.82 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .73 <br><sup>6</sup><br>| .71 <br><sup>6</sup><br>| 1.76 <br><sup>6</sup><br>|
| 10/31/2022 | 17.91 | .21 | (4.59)<br>| (4.38)<br>| (.16)<br>| (.31)<br>| (.47)<br>| 13.06 | (24.95 )<sup>6</sup><br>| — <br><sup>7</sup><br>| .83 <br><sup>6</sup><br>| .81 <br><sup>6</sup><br>| 1.39 <br><sup>6</sup><br>|
| 10/31/2021 | 14.50 | .13 | 3.68 | 3.81 | (.07)<br>| (.33)<br>| (.40)<br>| 17.91 | 26.71 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| .88 <br><sup>6</sup><br>| .85 <br><sup>6</sup><br>| .73 <br><sup>6</sup><br>|
| **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  | **Class 529-F-2:**  |
| 10/31/2025 | 17.13 | .30 | 3.15 | 3.45 | (.25)<br>|  | (.25)<br>| 20.33 | 20.48 | 11 | .67 | .67 | 1.62 |
| 10/31/2024 | 14.52 | .26 | 2.57 | 2.83 | (.22)<br>|  | (.22)<br>| 17.13 | 19.64 | 5 | .68 | .68 | 1.52 |
| 10/31/2023 | 13.01 | .30 | 1.41 | 1.71 | (.19)<br>| (.01)<br>| (.20)<br>| 14.52 | 12.96 | 2 | .70 | .68 | 1.93 |
| 10/31/2022 | 17.85 | .22 | (4.58)<br>| (4.36)<br>| (.17)<br>| (.31)<br>| (.48)<br>| 13.01 | (24.92)<br>| 1 | .77 | .75 | 1.48 |
| 10/31/2021 | 14.47 | .14 | 3.66 | 3.80 | (.09)<br>| (.33)<br>| (.42)<br>| 17.85 | 26.65 | 1 | .86 | .82 | .81 |
| **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  | **Class 529-F-3:**  |
| 10/31/2025 | 17.13 | .32 | 3.16 | 3.48 | (.26)<br>|  | (.26)<br>| 20.35 | 20.64 | — <br><sup>7</sup><br>| .60 | .59 | 1.76 |
| 10/31/2024 | 14.53 | .28 | 2.56 | 2.84 | (.24)<br>|  | (.24)<br>| 17.13 | 19.70 | — <br><sup>7</sup><br>| .60 | .60 | 1.65 |
| 10/31/2023 | 13.02 | .29 | 1.42 | 1.71 | (.19)<br>| (.01)<br>| (.20)<br>| 14.53 | 13.01 | — <br><sup>7</sup><br>| .62 | .61 | 1.87 |
| 10/31/2022 | 17.85 | .23 | (4.57)<br>| (4.34)<br>| (.18)<br>| (.31)<br>| (.49)<br>| 13.02 | (24.84)<br>| — <br><sup>7</sup><br>| .71 | .68 | 1.52 |
| 10/31/2021 | 14.47 | .14 | 3.67 | 3.81 | (.10)<br>| (.33)<br>| (.43)<br>| 17.85 | 26.76 | — <br><sup>7</sup><br>| .81 | .74 | .84 |
| **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  | **Class R-1:**  |
| 10/31/2025 | 17.07 | .14 | 3.15 | 3.29 | (.11)<br>|  | (.11)<br>| 20.25 | 19.43 | 1 | 1.57 | 1.56 | .75 |
| 10/31/2024 | 14.50 | .12 | 2.57 | 2.69 | (.12)<br>|  | (.12)<br>| 17.07 | 18.63 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| 1.53 <br><sup>6</sup><br>| 1.53 <br><sup>6</sup><br>| .71 <br><sup>6</sup><br>|
| 10/31/2023 | 12.96 | .17 | 1.40 | 1.57 | (.02)<br>| (.01)<br>| (.03)<br>| 14.50 | 11.99 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| 1.55 <br><sup>6</sup><br>| 1.53 <br><sup>6</sup><br>| 1.12 <br><sup>6</sup><br>|
| 10/31/2022 | 17.80 | .04 | (4.53)<br>| (4.49)<br>| (.04)<br>| (.31)<br>| (.35)<br>| 12.96 | (25.58 )<sup>6</sup><br>| — <br><sup>7</sup><br>| 1.66 <br><sup>6</sup><br>| 1.64 <br><sup>6</sup><br>| .23 <br><sup>6</sup><br>|
| 10/31/2021 | 14.52 | .04 | 3.67 | 3.71 | (.10)<br>| (.33)<br>| (.43)<br>| 17.80 | 25.96 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| 1.73 <br><sup>6</sup><br>| 1.69 <br><sup>6</sup><br>| .22 <br><sup>6</sup><br>|

---

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

---

| | |
|:---|:---|
| American Funds International Vantage Fund | **20** |

---

------

Financial highlights (continued)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Income (loss) from investment operations**<sup>1</sup> | **Dividends and distributions** | **Dividends and distributions** | **Dividends and distributions** | | | | | | |
| <br>**Year ended**  | <br>**Net asset**<br> **value,**<br> **beginning**<br> **of year**<br>| **Net**<br> **investment**<br> **income**<br> **(loss)**<sup>2</sup><br>| **Net gains**<br> **(losses) on**<br> **securities**<br> **(both**<br> **realized and**<br> **unrealized)**<br>| **Total from**<br> **investment**<br> **operations**<br>| **Dividends**<br> **(from net**<br> **investment**<br> **income)**<br>| **Distributions**<br> **(from capital**<br> **gains)**<br>| **Total**<br> **dividends**<br> **and**<br> **distributions**<br>| <br>**Net asset**<br> **value,**<br> **end**<br> **of year**<br>| <br>**Total return**<sup>3,4</sup> | <br>**Net assets,**<br> **end of**<br> **year**<br> **(in millions)** <br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets before**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>5</sup><br>| <br>**Ratio of**<br> **expenses to**<br> **average net**<br> **assets after**<br> **waivers/**<br> **reimburse-**<br> **ments**<sup>4,5</sup><br>| <br>**Ratio of**<br> **net income**<br> **(loss) to**<br> **average**<br> **net assets**<sup>2,4</sup><br>|
| **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  | **Class R-2:**  |
| 10/31/2025 | $16.87 | $.13 | $3.11 | $3.24 | $(.13)<br>| $— | $(.13)<br>| $19.98 | 19.35<br> %<br>| $2 | 1.61<br> %<br>| 1.60<br> %<br>| .74<br> %<br>|
| 10/31/2024 | 14.34 | .11 | 2.55 | 2.66 | (.13)<br>|  | (.13)<br>| 16.87 | 18.60 | 2 | 1.58 | 1.57 | .67 |
| 10/31/2023 | 12.90 | .14 | 1.42 | 1.56 | (.11)<br>| (.01)<br>| (.12)<br>| 14.34 | 12.00 | 1 | 1.56 | 1.55 | .92 |
| 10/31/2022 | 17.76 | .10 | (4.55)<br>| (4.45)<br>| (.10)<br>| (.31)<br>| (.41)<br>| 12.90 | (25.56)<br>| — <br><sup>7</sup><br>| 1.63 | 1.60 | .70 |
| 10/31/2021 | 14.50 | .02 | 3.66 | 3.68 | (.09)<br>| (.33)<br>| (.42)<br>| 17.76 | 25.76 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| 1.61 <br><sup>6</sup><br>| 1.57 <br><sup>6</sup><br>| .09 <br><sup>6</sup><br>|
| **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  | **Class R-2E:**  |
| 10/31/2025 | 17.09 | .17 | 3.16 | 3.33 | (.14)<br>|  | (.14)<br>| 20.28 | 19.68 | — <br><sup>7</sup><br>| 1.32 | 1.32 | .95 |
| 10/31/2024 | 14.53 | .16 | 2.57 | 2.73 | (.17)<br>|  | (.17)<br>| 17.09 | 18.92 | — <br><sup>7</sup><br>| 1.32 | 1.32 | .92 |
| 10/31/2023 | 13.06 | .15 | 1.48 | 1.63 | (.15)<br>| (.01)<br>| (.16)<br>| 14.53 | 12.28 | — <br><sup>7</sup><br>| 1.28 | 1.27 | .99 |
| 10/31/2022 | 17.80 | .15 | (4.58)<br>| (4.43)<br>|  | (.31)<br>| (.31)<br>| 13.06 | (25.15 )<sup>6</sup><br>| — <br><sup>7</sup><br>| 1.18 <br><sup>6</sup><br>| 1.11 <br><sup>6</sup><br>| 1.00 <br><sup>6</sup><br>|
| 10/31/2021 | 14.49 | .03 | 3.68 | 3.71 | (.07)<br>| (.33)<br>| (.40)<br>| 17.80 | 25.90 <br><sup>6</sup><br>| — <br><sup>7</sup><br>| 1.47 <br><sup>6</sup><br>| 1.44 <br><sup>6</sup><br>| .17 <br><sup>6</sup><br>|
| **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  | **Class R-3:**  |
| 10/31/2025 | 16.98 | .21 | 3.12 | 3.33 | (.17)<br>|  | (.17)<br>| 20.14 | 19.84 | 6 | 1.25 | 1.19 | 1.18 |
| 10/31/2024 | 14.42 | .18 | 2.56 | 2.74 | (.18)<br>|  | (.18)<br>| 16.98 | 19.12 | 4 | 1.22 | 1.19 | 1.10 |
| 10/31/2023 | 12.95 | .20 | 1.42 | 1.62 | (.14)<br>| (.01)<br>| (.15)<br>| 14.42 | 12.32 | 2 | 1.26 | 1.19 | 1.32 |
| 10/31/2022 | 17.83 | .10 | (4.54)<br>| (4.44)<br>| (.13)<br>| (.31)<br>| (.44)<br>| 12.95 | (25.33)<br>| 1 | 1.32 | 1.30 | .70 |
| 10/31/2021 | 14.51 | .07 | 3.67 | 3.74 | (.09)<br>| (.33)<br>| (.42)<br>| 17.83 | 26.05 | 1 | 1.34 | 1.30 | .38 |
| **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  | **Class R-4:**  |
| 10/31/2025 | 17.25 | .27 | 3.17 | 3.44 | (.22)<br>|  | (.22)<br>| 20.47 | 20.18 | 6 | .89 | .88 | 1.45 |
| 10/31/2024 | 14.62 | .23 | 2.60 | 2.83 | (.20)<br>|  | (.20)<br>| 17.25 | 19.46 | 5 | .89 | .89 | 1.33 |
| 10/31/2023 | 13.02 | .30 | 1.37 | 1.67 | (.06)<br>| (.01)<br>| (.07)<br>| 14.62 | 12.65 | 5 | .89 | .88 | 1.93 |
| 10/31/2022 | 17.87 | .24 | (4.63)<br>| (4.39)<br>| (.15)<br>| (.31)<br>| (.46)<br>| 13.02 | (25.01)<br>| — <br><sup>7</sup><br>| .95 | .93 | 1.65 |
| 10/31/2021 | 14.50 | .10 | 3.68 | 3.78 | (.08)<br>| (.33)<br>| (.41)<br>| 17.87 | 26.39 | — <br><sup>7</sup><br>| 1.03 | .99 | .58 |
| **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  | **Class R-5E:**  |
| 10/31/2025 | 17.16 | .31 | 3.14 | 3.45 | (.25)<br>|  | (.25)<br>| 20.36 | 20.41 | 3 | .74 | .69 | 1.67 |
| 10/31/2024 | 14.55 | .27 | 2.57 | 2.84 | (.23)<br>|  | (.23)<br>| 17.16 | 19.68 | 2 | .71 | .68 | 1.57 |
| 10/31/2023 | 13.05 | .28 | 1.42 | 1.70 | (.19)<br>| (.01)<br>| (.20)<br>| 14.55 | 12.90 | 1 | .72 | .68 | 1.84 |
| 10/31/2022 | 17.91 | .18 | (4.56)<br>| (4.38)<br>| (.17)<br>| (.31)<br>| (.48)<br>| 13.05 | (24.95)<br>| — <br><sup>7</sup><br>| .84 | .79 | 1.26 |
| 10/31/2021 | 14.52 | .13 | 3.69 | 3.82 | (.10)<br>| (.33)<br>| (.43)<br>| 17.91 | 26.74 | — <br><sup>7</sup><br>| .88 | .80 | .78 |
| **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  | **Class R-5:**  |
| 10/31/2025 | 17.18 | .32 | 3.16 | 3.48 | (.26)<br>|  | (.26)<br>| 20.40 | 20.59 | 7 | .60 | .59 | 1.76 |
| 10/31/2024 | 14.57 | .28 | 2.58 | 2.86 | (.25)<br>|  | (.25)<br>| 17.18 | 19.77 | 8 | .59 | .59 | 1.67 |
| 10/31/2023 | 13.07 | .27 | 1.45 | 1.72 | (.21)<br>| (.01)<br>| (.22)<br>| 14.57 | 12.97 | 7 | .61 | .59 | 1.80 |
| 10/31/2022 | 17.93 | .08 | (4.44)<br>| (4.36)<br>| (.19)<br>| (.31)<br>| (.50)<br>| 13.07 | (24.81)<br>| 2 | .65 | .61 | .60 |
| 10/31/2021 | 14.52 | .15 | 3.69 | 3.84 | (.10)<br>| (.33)<br>| (.43)<br>| 17.93 | 26.81 | — <br><sup>7</sup><br>| .76 | .70 | .89 |
| **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  | **Class R-6:**  |
| 10/31/2025 | 17.23 | .34 | 3.16 | 3.50 | (.27)<br>|  | (.27)<br>| 20.46 | 20.66 | 153 | .55 | .54 | 1.86 |
| 10/31/2024 | 14.61 | .30 | 2.57 | 2.87 | (.25)<br>|  | (.25)<br>| 17.23 | 19.82 | 103 | .55 | .54 | 1.74 |
| 10/31/2023 | 13.09 | .29 | 1.44 | 1.73 | (.20)<br>| (.01)<br>| (.21)<br>| 14.61 | 13.10 | 41 | .56 | .54 | 1.88 |
| 10/31/2022 | 17.93 | .23 | (4.58)<br>| (4.35)<br>| (.18)<br>| (.31)<br>| (.49)<br>| 13.09 | (24.79)<br>| 16 | .64 | .59 | 1.56 |
| 10/31/2021 | 14.52 | .15 | 3.69 | 3.84 | (.10)<br>| (.33)<br>| (.43)<br>| 17.93 | 26.86 | 59 | .70 | .67 | .89 |

---

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

---

| | |
|:---|:---|
| **21** | American Funds International Vantage Fund |

---

------

Financial highlights (continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Year ended October 31,** | **Year ended October 31,** | **Year ended October 31,** | **Year ended October 31,** | **Year ended October 31,** |
|  | **2025** | **2024** | **2023** | **2022** | **2021** |
| Portfolio turnover rate for all share classes<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11<br> %<br>|

---

<sup>1</sup> Based on average shares outstanding.

<sup>2</sup> For the year ended October 31, 2022, this column reflects the impact of European Union tax reclaims received that resulted in an increase to net investment income. Had the reclaims not been paid, the Class A net investment income per share and ratio of net income to average net assets would have been lower by $.06 and .39 percentage points, respectively. The impact to the other share classes would have been similar. 

<sup>3</sup> Total returns exclude any applicable sales charges, including contingent deferred sales charges.

<sup>4</sup> This column reflects the impact of certain waivers and/or reimbursements from CRMC and/or AFS, if any.

<sup>5</sup> Ratios do not include expenses of any Central Funds. The fund indirectly bears its proportionate share of the expenses of any Central Funds.

<sup>6</sup> All or a significant portion of assets in this class consisted of seed capital invested by CRMC and/or its affiliates. Fees for distribution services are not charged or accrued on these seed capital assets. If such fees were paid by the fund on seed capital assets, fund expenses would have been higher and net income and total return would have been lower. 

<sup>7</sup> Amount less than $1 million.

<sup>8</sup> Rates do not include the fund's portfolio activity with respect to any Central Funds.

Refer to the notes to financial statements.

---

| | |
|:---|:---|
| American Funds International Vantage Fund | **22** |

---

------

Report of Independent Registered Public Accounting Firm

------

To the Board of Trustees and Shareholders of American Funds International Vantage Fund

**Opinion on the Financial Statements**

We have audited the accompanying statement of assets and liabilities, including the investment portfolio, of American Funds International Vantage Fund (the "Fund") as of October 31, 2025, the related statement of operations for the year ended October 31, 2025, the statements of changes in net assets for each of the two years in the period ended October 31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2025 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2025, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2025 and the financial highlights for each of the five years in the period ended October 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

**Basis for Opinion**

These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2025 by correspondence with the custodian, transfer agent and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterhouseCoopers LLP

Los Angeles, California

December 11, 2025

We have served as the auditor of one or more investment companies in The Capital Group group of investment companies since 1934.

---

| | |
|:---|:---|
| **23** | American Funds International Vantage Fund |

---

------

Tax informationunaudited

------

We are required to advise you of the federal tax status of certain distributions received by shareholders during the fiscal year. The fund hereby designates the following amounts for the fund's fiscal year ended October 31, 2025:

---

| | |
|:---|:---|
| Foreign taxes | $0.03 per share |
| Foreign source income | $0.41 per share |
| Qualified dividend income | 100% |
| Section 163(j) interest dividends | $3650000 |
| Corporate dividends received deduction | $140000 |
| U.S. government income that may be exempt from state taxation | $2653000 |

---

**Individual shareholders should refer to their Form 1099 or other tax information, which will be mailed in January 2026, to determine the *calendar year* amounts to be included on their 2025 tax returns. Shareholders should consult their tax advisors.**

---

| | |
|:---|:---|
| American Funds International Vantage Fund | **24** |

---

------

Changes in and disagreements with accountants

------

None

Matters submitted for shareholder vote

------

None

Remuneration paid to directors, officers and others

------

Refer to the trustees' deferred compensation disclosure in the notes to financial statements.

Approval of Investment Advisory and Service Agreement

------

Not applicable for the current reporting period due to the timing of the board's approval of this agreement.

---

| | |
|:---|:---|
| **25** | American Funds International Vantage Fund |

---

------

#### 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
The information is included as part of the material filed under Item 7 of this Form within the trustees' deferred compensation disclosure in the notes to financial statements.

------

#### ITEM 11 - Statement Regarding Basis for Approval of Investment Advisory Contract
Not applicable for the current reporting period due to the timing of the board's approval of this agreement.

------

#### 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) Code of Ethics - See Item 2

(a)(2) The certifications required by Rule 30a-2 of the Investment Company Act of 1940 and Sections [302](cert302.htm) and [906](cert906.htm) of the Sarbanes-Oxley Act of 2002 are attached as exhibits hereto.

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

**American Funds International Vantage Fund**

By /s/ Donald H. Rolfe

Donald H. Rolfe,

Principal Executive Officer

Date: January 07, 2026

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

By /s/ Donald H. Rolfe

Donald H. Rolfe,

Principal Executive Officer

Date: January 07, 2026

By /s/ Gregory F. Niland

Gregory F. Niland, Treasurer and

Principal Financial Officer

Date: January 07, 2026

------

## Ex-99.Cert

**CERTIFICATION**

I, **Donald H. Rolfe**, certify that:

1. I have reviewed this report on Form N-CSR of **American Funds International Vantage Fund**;

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: January 07, 2026

<u>/s/ Donald H. Rolfe</u> Donald H. Rolfe, Principal Executive Officer

American Funds International Vantage Fund

**CERTIFICATION**

I, **Gregory F. Niland**, certify that:

1. I have reviewed this report on Form N-CSR of **American Funds International Vantage Fund**;

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: January 07, 2026

<u>/s/ Gregory F. Niland</u> Gregory F. Niland,

Treasurer and Principal Financial Officer

American Funds International Vantage Fund

------

## 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

DONALD H. ROLFE, Principal Executive Officer, and GREGORY F. NILAND, Treasurer and Principal Financial Officer of American Funds International Vantage Fund (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 October 31, 2025 (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Principal Executive Officer

**American Funds International Vantage Fund**

<u>/s/ Donald H. Rolfe</u>

Donald H. Rolfe, Principal Executive Officer

Date: January 07, 2026

Principal Financial Officer

**American Funds International Vantage Fund**

<u>/s/ Gregory F. Niland</u>

Gregory F. Niland, Treasurer and Principal Financial Officer

Date: January 07, 2026

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to **American Funds International Vantage Fund** and will be retained by **American Funds International Vantage Fund** 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.

------