American Funds - Portfolio holdings | American Funds

Portfolio Holdings

American Funds Insurance Series - Capital Income Builder

As of December 31, 2018 (updated quarterly, upon availability)

Fixed-Income Securities* Shares or Principal Amount Market Value
3M Co. 2.25% 2023 92,000 89,202
3M Co. 3.625% 2028 62,000 63,207
AEP Transmission Company LLC 4.25% 2048 45,000 45,523
AT&T Inc. (3-month USD-LIBOR + 1.18%) 3.956% 2024 260,000 252,381
AbbVie Inc. 4.45% 2046 102,000 89,674
American Electric Power Co., Inc. 3.65% 2021 300,000 302,447
American Electric Power Co., Inc. 4.30% 2028 530,000 539,935
American Express Co. 3.70% 2021 440,000 444,223
American International Group, Inc. 4.20% 2028 30,000 29,016
American International Group, Inc. 4.75% 2048 100,000 91,982
Anheuser-Busch Co./Inbev Worldwide 4.70% 2036 20,000 18,677
Anheuser-Busch Co./Inbev Worldwide 4.90% 2046 200,000 186,117
Arroyo Mortgage Trust, Series 2018-1, Class A1, 3.763% 2048 881,348 881,492
AstraZeneca PLC 3.375% 2025 200,000 193,580
AstraZeneca PLC 3.50% 2023 270,000 268,851
BB&T Corp. 6.85% 2019 100,000 101,234
BNP Paribas 3.375% 2025 250,000 235,683
BP Capital Markets PLC 4.234% 2028 250,000 257,653
Bank of America Corp. 4.271% 2029 (3-month USD-LIBOR +1.31% on 07/23/2028) 206,000 205,397
Barclays Bank PLC 4.972% 2029 (3-month USD-LIBOR + 1.902% on 5/16/2028) 200,000 193,302
Bayer US Finance II LLC 4.25% 2025 350,000 341,306
Becton, Dickinson and Co. 3.70% 2027 220,000 208,353
British American Tobacco PLC 3.557% 2027 600,000 533,913
British American Tobacco PLC 4.54% 2047 150,000 119,990
Broadcom Ltd. 3.50% 2028 128,000 111,174
Broadcom Ltd. 3.875% 2027 200,000 179,841
CCO Holdings LLC and CCO Holdings Capital Corp. 4.20% 2028 310,000 291,007
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 2048 180,000 169,334
CHEVRON CORP 4(2) CP 1/28/2019 10,000,000 9,980,800
CME Group Inc. 4.15% 2048 100,000 101,688
CSX Corp. 3.80% 2028 145,000 142,619
CSX Corp. 4.25% 2029 35,000 35,630
CSX Corp. 4.75% 2048 50,000 50,918
CVS Health Corp. 4.30% 2028 223,000 218,770
CVS Health Corp. 4.78% 2038 197,000 189,566
Cenovus Energy Inc. 4.25% 2027 105,000 95,850
Cenovus Energy Inc. 5.40% 2047 215,000 186,437
Centene Corp. 5.375% 2026 100,000 97,500
CenterPoint Energy, Inc. 3.85% 2024 160,000 160,947
Cigna Corp. 4.375% 2028 100,000 100,814
Cigna Corp. 4.80% 2038 130,000 129,314
Cigna Corp. 4.90% 2048 60,000 59,013
Citigroup Inc. 4.075% 2029 (3-month USD-LIBOR + 1.192% on 4/23/2028) 266,000 259,897
Comcast Corp. 3.95% 2025 60,000 60,791
Comcast Corp. 4.00% 2047 100,000 90,350
Comcast Corp. 4.00% 2048 50,000 45,741
Comcast Corp. 4.60% 2038 60,000 60,771
Comcast Corp. 4.70% 2048 240,000 244,781
Conagra Brands, Inc. 4.6% 11-01-25 30,000 30,151
Conagra Brands, Inc. 4.85% 2028 100,000 98,587
Concho Resources Inc. 4.30% 2028 155,000 152,009
Consolidated Edison Company of New York, Inc. 4.65% 2048 140,000 145,937
Constellation Brands, Inc. 3.20% 2023 230,000 223,233
Constellation Brands, Inc. 3.60% 2028 105,000 96,940
Consumers Energy Co. 4.35% 2049 255,000 265,906
Cooperatieve Rabobank U.A. 2.75% 2023 250,000 242,003
DTE Energy Co. 3.70% 2023 203,000 201,776
DaimlerChrysler North America Holding Corp. 3.35% 2023 350,000 345,404
Danske Bank AS 2.80% 2021 250,000 244,364
Deutsche Telekom International Finance BV 4.375% 2028 150,000 148,064
Dow Chemical Co. 4.80% 2028 300,000 306,011
DowDuPont Inc. 5.419% 2048 60,000 62,652
DowDuPont, Inc 4.725% 2028 110,000 114,303
Duke Energy Corp. 2.65% 2026 115,000 104,930
EMD Finance LLC 3.25% 2025 300,000 288,251
Emera Inc. 6.75% 2076 (3-month USD-LIBOR + 5.44% on 6/15/2026) 120,000 120,830
Emera US Finance LP 4.75% 2046 120,000 115,967
EnLink Midstream Partners, LP 5.45% 2047 75,000 60,987
Enbridge Energy Partners, LP 7.375% 2045 106,000 131,868
Enel Finance International SA 3.625% 2027 215,000 190,100
Energy Transfer Partners, LP 6.00% 2048 231,000 225,986
Entergy Corp. 2.95% 2026 280,000 258,894
Entergy Corp. 5.125% 2020 200,000 204,163
Equinix, Inc. 5.375% 2027 300,000 294,000
Equinor ASA 3.625% 2028 195,000 195,023
Eversource Energy 4.25% 2029 125,000 127,595
FED HM LN BK BD 1/18/2019 7,100,000 7,092,389
FED HM LN BK BD 2/21/2019 15,100,000 15,048,757
Fannie Mae 3.50% 2049 500,000 500,109
Fannie Mae 4.00% 2046 1,051,406 1,073,092
Fannie Mae 4.00% 2047 9,195,848 9,384,823
Fannie Mae 4.00% 2047 792,825 809,036
Fannie Mae 4.50% 2048 5,816,312 6,032,661
Fannie Mae 4.50% 2048 5,689,266 5,900,884
Fannie Mae 4.50% 2048 6,846,276 7,098,903
Finance of America Structured Securities Trust, Series 2017-HB1, Class A, 2.3207% 2027 141,102 140,776
Freddie Mac 2.50% 2032 95,434 93,162
Freddie Mac 2.50% 2033 141,562 138,191
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 2.75% 2056 255,013 248,244
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 2.50% 2056 517,096 508,364
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 2056 492,393 475,588
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 2.50% 2057 202,235 197,078
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 2057 157,582 156,574
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MT, 3.50% 2057 3,051,519 3,019,304
General Dynamics Corp. 3.375% 2023 65,000 65,485
General Motors Co. 5.95% 2049 90,000 81,517
Goldman Sachs Group, Inc. 4.223% 2029 (3-month USD-LIBOR + 1.301% on 5/1/2028) 303,000 292,331
Government National Mortgage Assn. 4.302% 2063 106,227 107,022
Government National Mortgage Assn. 4.362% 2061 8,271 8,365
Government National Mortgage Assn. 4.443% 2063 44,826 45,543
Government National Mortgage Assn. 4.50% 2049 4,525,000 4,683,063
Government National Mortgage Assn. 4.561% 2063 113,514 115,057
Government National Mortgage Assn. 4.575% 2062 32,001 32,318
Government National Mortgage Assn. 4.605% 2062 171,303 172,453
Government National Mortgage Assn. 4.81% 2061 1,386 1,405
Government National Mortgage Assn. 4.812% 2060 0 0
Government National Mortgage Assn. 5.00% 2049 2,189,558 2,278,211
Government National Mortgage Assn. 5.00% 2049 310,442 322,721
Government National Mortgage Assn. 5.46% 2060 42,360 42,581
Government National Mortgage Assn. 5.647% 2059 1,317 1,422
Government National Mortgage Assn. 6.87% 2061 6,494 6,525
Groupe BPCE SA 2.75% 2023 250,000 239,938
Groupe BPCE SA 4.00% 2024 285,000 286,928
HSBC Holdings PLC 3.64% 2024 250,000 243,636
Home Depot, Inc. 3.90% 2028 50,000 51,307
Home Depot, Inc. 4.50% 2048 217,000 225,185
Homeward Opportunities Fund Trust_18-1 3.766% 2048 309,065 309,430
Intesa Sanpaolo SpA 3.875% 2027 200,000 172,433
Intesa Sanpaolo SpA 5.71% 2026 375,000 344,390
JPMorgan Chase & Co. 4.203% 2029 (3-month USD-LIBOR + 1.26% on 07/23/2028) 266,000 265,664
JPMorgan Chase & Co. 4.25% 2020 300,000 305,427
JPMorgan Chase & Co. 4.452% 2029 (3-month USD-LIBOR + 1.33% on 12/05/2028) 609,000 620,570
JPMorgan Chase & Co. 6.30% 2019 200,000 201,965
Keurig Dr. Pepper Inc. 4.057% 2023 620,000 618,056
Keurig Dr. Pepper Inc. 4.417% 2025 30,000 29,915
Keurig Dr. Pepper Inc. 5.085% 2048 64,000 61,167
Kinder Morgan, Inc. 5.55% 2045 120,000 119,398
Metropolitan Life Global Funding I 2.40% 2021 225,000 221,596
Mississippi Power Co. 4.25% 2042 335,000 310,762
Molson Coors Brewing Co. 4.20% 2046 65,000 54,278
Morgan Stanley 3.625% 2027 99,000 94,237
Morgan Stanley 3.875% 2026 51,000 49,813
Morgan Stanley 5.50% 2020 300,000 309,328
NATIONAL RURAL UTILITIES COOP FINA CP 1/31/2019 9,600,000 9,578,938
NBC Universal Enterprise, Inc. 5.25% 2049 300,000 304,500
Nationstar HECM Loan Trust, Series 2018-2, Class A, 3.1877% 2028 250,076 249,993
New York Life Global Funding 3.00% 2028 150,000 143,726
Nuveen, LLC 4.00% 2028 45,000 46,453
PFIZER INC. 4(2) CP 1/15/2019 4,200,000 4,195,687
Pacific Gas and Electric Co. 2.45% 2022 210,000 187,153
Pacific Gas and Electric Co. 4.65% 2028 284,000 251,447
Petróleos Mexicanos 6.50% 2029 80,000 74,740
Philip Morris International Inc. 2.625% 2022 243,000 235,308
Philip Morris International Inc. 3.60% 2023 30,000 30,087
Public Service Co. of Colorado 4.10% 2048 100,000 98,741
SCANA Corp. 4.125% 2022 160,000 160,159
SCANA Corp. 4.75% 2021 350,000 354,470
SCANA Corp. 6.25% 2020 400,000 409,911
Seasoned Loan Structured Transaction, Series 2018-2, Class A1, 2028 1,956,138 1,923,197
Shell International Finance BV 3.50% 2023 100,000 101,175
Sherwin-Williams Co. 3.45% 2027 230,000 214,903
South Carolina Electric & Gas Co. 3.50% 2021 500,000 501,694
South Carolina Electric & Gas Co. 4.25% 2028 225,000 233,595
South Carolina Electric & Gas Co. 4.35% 2042 50,000 49,237
Southern California Edison Co., 4.65% 2043 100,000 100,846
Starbucks Corp. 3.80% 2025 435,000 430,998
Starbucks Corp. 4.00% 2028 35,000 34,661
Takeda Pharmaceutical Co., Ltd. 4.40% 2023 360,000 364,311
Takeda Pharmaceutical Co., Ltd. 5.00% 2028 800,000 819,134
Tampa Electric Co. 4.45% 2049 30,000 29,409
TransCanada PipeLines Ltd. 4.25% 2028 60,000 59,570
U.S. Treasury 1.625% 2022 6,050,000 5,871,949
U.S. Treasury 1.75% 2023 4,000,000 3,877,200
U.S. Treasury 1.875% 2022 4,900,000 4,801,118
U.S. Treasury 1.875% 2022 1,000,000 978,820
U.S. Treasury 2.00% 2022 3,000,000 2,947,080
U.S. Treasury 2.00% 2022 15,000,000 14,741,100
U.S. Treasury 2.00% 2025 13,200,000 12,729,288
U.S. Treasury 2.00% 2026 7,500,000 7,160,175
U.S. Treasury 2.125% 2022 8,800,000 8,680,584
U.S. Treasury 2.625% 2021 215,000 215,813
U.S. Treasury 2.625% 2023 4,060,000 4,081,559
U.S. Treasury 2.625% 2023 1,886,000 1,896,166
U.S. Treasury 2.625% 2025 5,000 5,013
U.S. Treasury 2.75% 2023 3,770,000 3,809,623
U.S. Treasury 2.875% 11-15-21 3,000,000 3,034,290
U.S. Treasury 2.875% 2023 3,100,000 3,151,956
U.S. Treasury 2.875% 2028 1,500,000 1,524,720
U.S. Treasury 2.875% 2045 200,000 195,034
U.S. Treasury 3.00% 2048 980,500 977,372
U.S. Treasury 3.125% 2028 41,000 42,578
U.S. Treasury 3.125% 2048 2,000,000 2,040,840
U.S. Treasury Inflation-Protected Security 0.50% 2028 103 98
U.S. Treasury Inflation-Protected Security 0.625% 2023 5,598,890 5,511,814
U.S. Treasury, principal only, 0% 2047 12,400,000 5,188,408
Ultra Petroleum Corp. 11.00% 2024 90,000 69,750
Union Pacific Corp. 3.95% 2028 50,000 50,063
Union Pacific Corp. 4.50% 2048 80,000 79,318
United Technologies Corp. 3.65% 2023 130,000 129,619
United Technologies Corp. 3.95% 2025 55,000 54,678
United Technologies Corp. 4.125% 2028 165,000 164,169
UnitedHealth Group Inc. 3.875% 2028 215,000 218,191
UnitedHealth Group Inc. 4.45% 2048 70,000 72,338
Verizon Communications Inc. 4.329% 2028 312,000 314,093
Virginia Electric and Power Co. 4.60% 2048 110,000 115,367
Vodafone Group PLC 3.75% 2024 300,000 296,005
Vodafone Group PLC 4.375% 2028 100,000 97,249
Vodafone Group PLC 5.25% 2048 200,000 188,688
Volkswagen Group of America Finance, LLC 4.00% 2021 290,000 290,776
Volkswagen Group of America Finance, LLC 4.25% 2023 200,000 198,564
Wal-Mart Stores, Inc. 3.70% 2028 130,000 132,128
Wells Fargo & Co. 3.55% 2023 300,000 299,087
Wells Fargo & Co. 4.60% 2021 300,000 307,293
Westinghouse Air Brake Technologies Corp. (DBA Wabtec Corp.) 4.15% 2024 360,000 348,262
Westlake Automobile Receivables Trust, Series 2017-2A, Class A2A, 1.80% 2020 197,928 197,496
Westlake Automobile Receivables Trust, Series 2018-3A, Class A2A, 2.98% 2022 770,000 769,759
Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
AES Corp. 169,000 2,443,740 0.36
Air New Zealand Ltd. 1,738,359 3,617,038 0.54
Airbus SE, non-registered shares 73,714 7,091,078 1.05
Altria Group, Inc. 150,370 7,426,774 1.10
American Tower Corp. REIT 68,369 10,815,292 1.60
Asahi Kasei Corp. 131,900 1,355,742 0.20
AstraZeneca PLC 105,100 7,867,498 1.17
AstraZeneca PLC (ADR) 145,100 5,510,898 0.82
BCA Marketplace PLC 460,000 1,289,895 0.19
Bank of China Ltd., Class H 1,894,000 817,537 0.12
Boeing Co. 17,900 5,772,750 0.85
British American Tobacco PLC 189,300 6,032,045 0.89
Broadcom Inc. 47,700 12,129,156 1.80
Burberry Group PLC 78,200 1,729,837 0.26
CK Asset Holdings Ltd. 332,500 2,433,082 0.36
CME Group Inc., Class A 73,016 13,735,770 2.03
Carlsberg A/S, Class B 31,721 3,370,499 0.50
Chevron Corp. 22,600 2,458,654 0.36
Coca-Cola Co. 177,700 8,414,095 1.25
Crown Castle International Corp. REIT 118,400 12,861,792 1.90
Crown Castle International Corp. REIT, Series A, 6.875% convertible preferred 2020 1,900 1,999,275 0.30
DBS Group Holdings Ltd 293,600 5,103,184 0.76
Danone SA 39,903 2,812,167 0.42
Delta Electronics, Inc. 482,200 2,024,991 0.30
Diageo PLC 233,000 8,300,641 1.23
Digital Realty Trust, Inc. REIT 43,000 4,581,650 0.68
DowDuPont Inc. 58,900 3,149,972 0.47
Edison International 135,100 7,669,627 1.14
Eli Lilly and Co. 26,600 3,078,152 0.46
Enbridge Inc. 335,970 10,436,923 1.55
Enel SPA 1,284,246 7,422,001 1.10
Exelon Corp. 55,800 2,516,580 0.37
Gannett Co., Inc. 132,999 1,134,481 0.17
Gilead Sciences, Inc. 43,800 2,739,690 0.41
Givaudan SA 1,202 2,782,727 0.41
GlaxoSmithKline PLC 137,100 2,605,837 0.39
Greene King PLC 610,500 4,108,597 0.61
HKT Trust and HKT Ltd., units 3,699,240 5,328,833 0.79
HP Inc. 170,500 3,488,430 0.52
Helmerich & Payne, Inc. 90,500 4,338,570 0.64
Huntington Bancshares Inc. 247,700 2,952,584 0.44
Iberdrola, SA, non-registered shares 495,604 3,985,089 0.59
Imperial Brands PLC 141,500 4,287,060 0.63
Infratil Ltd. 1,291,737 3,164,601 0.47
Intel Corp. 176,700 8,292,531 1.23
Inter Pipeline Ltd. 297,600 4,215,927 0.62
InterContinental Hotels Group PLC 68,100 3,677,727 0.54
Intesa Sanpaolo SpA 1,099,089 2,443,887 0.36
Iron Mountain Inc. REIT 124,500 4,035,045 0.60
JPMorgan Chase & Co. 38,000 3,709,560 0.55
Japan Tobacco Inc. 59,500 1,419,915 0.21
Johnson & Johnson 60,200 7,768,810 1.15
KBC Groep NV 25,141 1,632,684 0.24
Koninklijke KPN NV 2,175,375 6,380,636 0.94
Kühne + Nagel International AG 16,085 2,066,970 0.31
Las Vegas Sands Corp. 154,300 8,031,315 1.19
Link Real Estate Investment Trust REIT 582,500 5,899,017 0.87
Lloyds Banking Group PLC 4,434,000 2,930,342 0.43
Longfor Group Holdings Ltd. 644,000 1,924,475 0.28
MONETA Money Bank, AS, non-registered shares 137,053 442,365 0.07
MediaTek Inc. 185,300 1,371,807 0.20
Microsoft Corp. 99,520 10,108,246 1.50
Modern Times Group MTG AB, Class B 104,880 3,468,951 0.51
NTT DoCoMo, Inc. 121,700 2,743,780 0.41
Nasdaq, Inc. 16,200 1,321,434 0.20
National Grid PLC 357,100 3,478,330 0.52
Nestlé SA 69,277 5,623,246 0.83
Nexity SA, Class A, non-registered shares 81,189 3,665,078 0.54
Nintendo Co., Ltd. 8,000 2,130,132 0.32
Nutrien Ltd. 48,020 2,256,940 0.33
Occidental Petroleum Corp. 82,400 5,057,712 0.75
Oversea-Chinese Banking Corp. Ltd. 327,796 2,708,084 0.40
Pfizer Inc. 158,900 6,935,985 1.03
Philip Morris International Inc. 145,220 9,694,887 1.44
QUALCOMM Inc. 140,900 8,018,619 1.19
Reckitt Benckiser Group PLC 29,200 2,237,938 0.33
Roche Holding AG, non-registered shares, non-voting 7,627 1,889,328 0.28
Royal Dutch Shell PLC, Class A 101 2,971 0.00
Royal Dutch Shell PLC, Class B 321,740 9,596,101 1.42
Royal Dutch Shell PLC, Class B (ADR) 8,500 509,490 0.08
SES SA, Class A (FDR) 118,666 2,271,918 0.34
SSE PLC 477,689 6,584,847 0.98
Sampo Oyj, Class A 130,569 5,747,493 0.85
Sands China Ltd. 1,128,000 4,940,987 0.73
Schlumberger Ltd. 83,400 3,009,072 0.45
Sempra Energy, Series A, 6.00% convertible preferred 2021 43,400 4,127,774 0.61
Société Générale 42,000 1,338,740 0.20
Svenska Handelsbanken AB, Class A 475,408 5,274,255 0.78
Swedbank AB, Class A 201,038 4,484,888 0.66
TAG Immobilien AG 63,600 1,451,043 0.21
Taiwan Semiconductor Manufacturing Co., Ltd. 1,277,800 9,305,622 1.38
Ultra Petroleum Corp., warrants, expire 2025 1,750 438 0.00
Unibail-Rodamco-Westfield, non-registered shares REIT 32,500 5,041,873 0.75
United Technologies Corp. 23,700 2,523,576 0.37
VTech Holdings Ltd. 328,400 2,717,620 0.40
Vanguard International Semiconductor Corp. 1,510,700 2,890,138 0.43
Verizon Communications Inc. 119,950 6,743,589 1.00
Vodafone Group PLC 5,377,800 10,480,598 1.55
Walgreens Boots Alliance, Inc. 41,000 2,801,530 0.41
Wells Fargo & Co. 148,000 6,819,840 1.01
Williams Companies, Inc. 231,200 5,097,960 0.75
Zurich Insurance Group AG 23,867 7,118,081 1.05

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

*
Excludes certain securities in initial period of acquisition.