UNITED
STATES
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SECURITIES
AND EXCHANGE COMMISSION
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Washington,
D.C. 20549
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SCHEDULE
14A
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Proxy
Statement Pursuant to Section 14(a) of
the
Securities Exchange Act of 1934 (Amendment No.)
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Filed by the
Registrant x
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Filed by a
Party other than the Registrant o
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Check the
appropriate box:
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o
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Preliminary
Proxy Statement
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o
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Confidential,
for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
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x
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Definitive
Proxy Statement
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o
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Definitive
Additional Materials
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o
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Soliciting
Material Pursuant to §240.14a-12
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AMCAP Fund,
Inc.
American
Balanced Fund, Inc.
The American
Funds Income Series
American
Funds Money Market Fund
American
Funds Short-Term Tax-Exempt Bond Fund
American
Funds Target Date Retirement Series, Inc.
The American
Funds Tax-Exempt Series I
The American
Funds Tax-Exempt Series II
American
High-Income Municipal Bond Fund, Inc.
American
High-Income Trust
American
Mutual Fund, Inc.
The Bond Fund
of America, Inc.
Capital
Income Builder, Inc.
Capital World
Bond Fund, Inc.
Capital World
Growth and Income Fund, Inc.
EuroPacific
Growth Fund
Fundamental
Investors, Inc.
The Growth
Fund of America, Inc.
The Income
Fund of America, Inc.
Intermediate
Bond Fund of America
International
Growth and Income Fund, Inc.
The
Investment Company of America
Limited Term
Tax-Exempt Bond Fund of America
The New
Economy Fund
New
Perspective Fund, Inc.
New World
Fund, Inc.
Short-Term
Bond Fund of America, Inc.
SMALLCAP
World Fund, Inc.
The
Tax-Exempt Bond Fund of America, Inc.
Washington
Mutual Investors Fund, Inc.
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(Name of
Registrant as Specified In Its Charter)
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(Name of
Person(s) Filing Proxy Statement, if other than the
Registrant)
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Payment of
Filing Fee (Check the appropriate box):
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x
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No fee
required.
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o
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Fee computed
on table below per Exchange Act Rules 14a-6(i)(1) and
0-11.
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(1)
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Title of each
class of securities to which transaction applies:
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(2)
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Aggregate
number of securities to which transaction applies:
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(3)
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Per unit
price or other underlying value of transaction computed pursuant to
Exchange Act Rule 0-11 (set forth the amount on which the filing fee is
calculated and state how it was determined):
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(4)
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Proposed
maximum aggregate value of transaction:
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(5)
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Total fee
paid:
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o
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Fee paid
previously with preliminary materials.
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o
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Check box if
any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2)
and identify the filing for which the offsetting fee was paid previously.
Identify the previous filing by registration statement number, or the Form
or Schedule and the date of its filing.
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(1)
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Amount
Previously Paid:
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(2)
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Form,
Schedule or Registration Statement No.:
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(3)
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Filing
Party:
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(4)
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Date
Filed:
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n |
Give each of the
funds more flexibility to adapt to changing circumstances and market
conditions.
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n |
Increase
efficiency by operating the funds under uniform, modern and flexible
governing documents.
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n |
Update,
standardize and streamline outdated investment restrictions for the funds.
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AMCAP Fund®,
Inc.
American Balanced Fund®,
Inc.
The American Funds Income Series:
U.S. Government Securities
FundSM
American Funds Money Market
FundSM
American Funds Short-Term Tax-Exempt
Bond FundSM
American Funds Target Date Retirement
Series®,
Inc.
The American Funds Tax-Exempt Series
I:
The Tax-Exempt Fund of Maryland®
The Tax-Exempt Fund of Virginia®
The American Funds Tax-Exempt Series II:
The Tax-Exempt Fund of California®
American High-Income Municipal Bond
Fund®,
Inc.
American High-Income TrustSM
American Mutual Fund®,
Inc.
The Bond Fund of AmericaSM, Inc.
Capital Income Builder®,
Inc.
Capital World Bond Fund®,
Inc.
Capital World Growth and Income
FundSM, Inc.
EuroPacific Growth Fund®
Fundamental InvestorsSM, Inc.
The Growth Fund of America®,
Inc.
The Income Fund of America®,
Inc.
Intermediate Bond Fund of America®
International Growth and Income
FundSM, Inc.
Limited Term Tax-Exempt Bond Fund of
AmericaSM
The New Economy Fund®
New Perspective Fund®,
Inc.
New World Fund®,
Inc.
Short-Term Bond Fund of
AmericaSM, Inc.
SMALLCAP World Fund®,
Inc.
The Tax-Exempt Bond Fund of America®,
Inc.
Washington Mutual Investors Fund
SM, Inc.
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1. | Elect board members of the Fund(s) for which you are a shareholder. The Investment Company Act of 1940, as amended (the “1940 Act”), requires that at least two-thirds of a Fund’s board members have been elected by its shareholders before the board may fill a vacancy. Some Funds currently are at their minimum two-thirds requirement and need new elections in order to add new board members. Other Funds are expected to reach their two-thirds requirement in the coming years. By electing board members now, the Funds’ Boards will be able to add new members for a longer period without the expense of conducting additional shareholder meetings. Proposal 1 contains information relevant to the consideration of nominees for the Boards. |
2. | Approve the reorganization (the “Reorganization”) of each Fund from a Delaware corporation, Maryland corporation or Massachusetts business trust, as applicable, into a Delaware statutory trust pursuant to an Agreement and Plan of Reorganization (the “Plan of Reorganization”). We believe that Delaware statutory trusts offer many advantages that should benefit shareholders over the long term, including flexibility to respond to changing market conditions. In addition, we believe that certain efficiencies can be achieved by organizing all of the Funds in one jurisdiction. As discussed in Proposal 2, for all practical purposes, your financial investment in the Fund(s) would not change on the effective date of the Reorganization. |
3. | Approve updates to certain fundamental investment policies of the Funds and eliminate certain other fundamental investment policies that are not required by law or are more restrictive than the law requires. These changes are intended to modernize the Funds’ fundamental investment policies, provide the Funds flexibility to respond to changing market conditions and to simplify compliance monitoring. As discussed in Proposal 3, the proposed updates to the Funds’ fundamental investment policies are not expected to result in any material changes to the risk profile of the Funds or in the way the Funds are managed. |
4. | Approve a policy allowing Capital Research and Management Company (“CRMC”), which will continue to be the Funds’ investment adviser, to appoint subsidiary advisers to manage the day-to-day investment activities of the Funds without additional shareholder approval. Upon shareholders’ approval and implementation of this proposal, the subsidiary advisers will be the same investment divisions of CRMC — reorganized as corporate entities — that already manage the Funds’ day-to-day investment activities. As discussed in Proposal 4, organizing these divisions as corporate entities is intended to help in their recognition as separate investors in certain countries outside the United States, providing the Funds with more flexibility to respond to changing market conditions. Under this arrangement, CRMC may in the future engage other affiliated entities as subsidiary advisers. |
5. | Approve amendments to the Funds’ Investment Advisory and Service Agreements or Investment Advisory Agreements, as applicable, with CRMC. These amendments allow for the appointment of subsidiary advisers as discussed in Proposal 4, as well as changes that will streamline and standardize language in the agreements, making administration of the agreements more efficient. |
6. | Approve a form of Subsidiary Agreement and appointment of subsidiary advisers for the Funds as contemplated in Proposal 4. CRMC is required by law to enter into a Subsidiary Agreement with any subsidiary adviser it engages to manage a Fund’s assets. Upon shareholder approval and implementation of Proposals 4, 5 and 6, the subsidiary adviser(s) appointed for any particular Fund will be the same investment divisions of CRMC — reorganized as corporate entities — that already manage each Fund’s day-to-day investment activities. Organizing these divisions as corporate entities is intended to help in their recognition as separate investors in certain countries outside the United States, providing the Funds with more flexibility to respond to changing market conditions. As discussed in Proposal 6, fees paid to subsidiary advisers would be paid by CRMC out of fees it receives from the Funds, and would not result in any additional cost to the Funds. |
7. |
Approve changes to an
investment policy of The New Economy Fund. This proposal
applies only to shareholders of The New Economy Fund (“NEF”). Currently,
NEF is restricted to investing primarily in companies in the service and
information areas of the global economy. The proposed change would broaden
NEF’s investment strategy by expanding its investment universe to
companies outside of any particular area or sector. This will benefit
NEF’s shareholders by providing the Fund with greater flexibility to take
advantage of attractive investment
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opportunities as they arise. As
discussed in Proposal 7, the “new economy” is a dynamic concept, shifting
over time, and constraining the Fund to particular areas or sectors
potentially forecloses attractive investments as innovation and new
technologies expand to new and different areas of the global economy.
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8. | Consider a proposal submitted by shareholders of certain Funds that requests the Boards of these Funds to “institute procedures to prevent holding investments in companies that, in the judgment of the Board, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights.” As discussed in Proposal 8, CRMC and the Funds’ Boards believe that CRMC’s current approach to these issues is preferable to that recommended by the shareholders’ proposal. CRMC’s approach calls for consideration of any human rights issues that may affect companies by investment professionals as part of the investment management process. This approach is consistent with the stated investment objectives and policies of the Funds. As discussed in Proposal 8, the Board of each of these Funds recommends that you vote “AGAINST” this shareholder proposal. |
1. | To elect board members of each Fund. |
2. | To approve an Agreement and Plan of Reorganization that provides for the reorganization of each Fund from a Delaware corporation, Maryland corporation or Massachusetts business trust, as applicable, into a Delaware statutory trust. |
3. | To update each Fund’s fundamental investment policies (includes the following Sub-Proposals): |
4. | To approve a policy allowing Capital Research and Management Company (“CRMC”) to appoint subsidiary advisers to manage the day-to-day investment activities of each Fund without additional shareholder approval. |
5. | To approve amendments to each Fund’s Investment Advisory and Service Agreement or Investment Advisory Agreement, as applicable, with CRMC. |
6. | To approve a form of Subsidiary Agreement and appointment of one or more subsidiary advisers for each Fund. |
7. | To approve changes to an investment policy of The New Economy Fund (applies only to The New Economy Fund). |
8. | To consider a proposal submitted by shareholders of certain Funds that requests the Boards of Directors/Trustees of these Funds to “institute procedures to prevent holding investments in companies that, in the judgment of the Board, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights” (applies only to certain Funds). |
9. | To consider and act upon any other business as may properly come before each Shareholder Meeting and any adjournment or adjournments thereof. |
Jennifer L. Butler | Stephanie L. Pfromer | |
Secretary, | Secretary, | |
WMIF | TEFMD/VA | |
Vincent P. Corti | Patrick F. Quan | |
Secretary, | Secretary, | |
AMCAP, AMF, CIB, EUPAC, ICA, NPF, NWF and WGI | AMBAL, FI, GFA, IFA and IGI | |
Steven I. Koszalka | Kimberly S. Verdick | |
Secretary, | Secretary, | |
AFTD | AHIM, AHIT, BFA, GVT, IBFA, LTEX, MMF, STBF, STEX, | |
TEBF, TEFCA and WBF | ||
Chad L. Norton | ||
Secretary, | ||
NEF and SCWF |
Page | ||
Part I – The
Proposals
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4 | |
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8 | |
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12 | |
Introduction to Proposal 3
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A. The
policy regarding borrowing
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B. The
policy regarding issuance of senior securities
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C. The
policy regarding underwriting
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D. The
policy regarding investments in real estate or commodities
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E. The
policy regarding lending
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F. The
policy regarding industry concentration
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G. The
policy regarding investing in tax-exempt securities (applies only to
tax-exempt Funds)
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H. The
policy regarding maintaining a fully invested portfolio (applies only to
Washington Mutual Investors Fund, Inc.)
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I. To
approve the elimination of certain policies
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19 | |
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22 | |
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26 | |
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28 | |
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29 | |
Part
II
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32 | |
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33 | |
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34 | |
Exhibits and Appendices
Index
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36 |
Exhibit A – Form of Nominating [and
Governance] Committee Charter
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Exhibit B – Form of Agreement and Plan
of Reorganization
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Exhibit C – Form of Agreement and
Declaration of Trust
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Exhibit D – Forms of Investment Advisory
and Service Agreement and Investment Advisory Agreement
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Exhibit E – Form of Subsidiary
Agreement
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Appendix 1 – Board of Directors/Trustees
Information
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Appendix 2 – Board Committee
Memberships
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Appendix 3 – Board Member Compensation
and Fund Ownership
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Appendix 4 – Other Executive
Officers
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Appendix 5 – Advisory
Boards
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Appendix 6 – Summary Comparisons of
Governing Documents and State Law
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Appendix 7 – Proposed Updates to
Fundamental Investment Policies
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Appendix 8 – Investment Advisory
Agreement Information and Related Entity Fees
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Appendix 9 – Certain Investment Advisory
and Service Agreement Provisions
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Appendix 10 – Investment Adviser’s Board
of Directors
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Appendix 11 – Fund Capitalization by
Share Class
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Appendix 12 – 5% Shareholder
Table
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Appendix 13 – Independent Auditors and
Related Fees
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Applicable Proposals | ||||||||||||||||||||||||||||||||||||
Name of Fund | Abbreviation | State and Form of Organization* |
1 | 2 | 3A | 3B | 3C | 3D | 3E | 3F | 3G | 3H | 3I | 4 | 5 | 6 | 7 | 8 | ||||||||||||||||||
AMCAP Fund, Inc.
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AMCAP | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
American Balanced Fund,
Inc.
|
AMBAL | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
The American Funds Income
Series:
U.S. Government
Securities Fund
|
GVT | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
American Funds Money Market
Fund
|
MMF | Delaware Trust | ü | ü | ü | ü | ü | |||||||||||||||||||||||||||||
American Funds Short-Term Tax-Exempt
Bond Fund
|
STEX | Delaware Trust | ü | ü | ü | ü | ||||||||||||||||||||||||||||||
American Funds Target Date Retirement
Series, Inc.
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AFTD | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ||||||||||||||||||||||
The American Funds Tax-Exempt Series
I:
The Tax-Exempt
Fund of Maryland
The Tax-Exempt
Fund of Virginia
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TEFMD/VA | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
The American Funds Tax-Exempt Series
II:
The Tax-Exempt
Fund of California
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TEFCA | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
American High-Income Municipal Bond
Fund, Inc.
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AHIM | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
American High-Income Trust
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AHIT | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ||||||||||||||||||||||
American Mutual Fund, Inc.
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AMF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
The Bond Fund of America,
Inc.
|
BFA | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
Capital Income Builder,
Inc.
|
CIB | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
Capital World Bond Fund,
Inc.
|
WBF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ||||||||||||||||||||||
Capital World Growth and Income Fund, Inc.
|
WGI | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
EuroPacific Growth Fund
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EUPAC | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
Fundamental Investors, Inc.
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FI | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
The Growth Fund of America,
Inc.
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GFA | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
The Income Fund of America,
Inc.
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IFA | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
Intermediate Bond Fund of
America
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IBFA | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ||||||||||||||||||||||
International Growth and Income Fund,
Inc.
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IGI | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ||||||||||||||||||||||
The Investment Company of
America
|
ICA | Delaware Corporation | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
Limited Term Tax-Exempt Bond Fund of
America
|
LTEX | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
The New Economy Fund
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NEF | Massachusetts | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
New Perspective Fund, Inc.
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NPF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
New World Fund, Inc.
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NWF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
Short-Term Bond Fund of America,
Inc.
|
STBF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ||||||||||||||||||||||
SMALLCAP World Fund, Inc.
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SCWF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ||||||||||||||||||||||
The Tax-Exempt Bond Fund of America,
Inc.
|
TEBF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | |||||||||||||||||||||
Washington Mutual Investors Fund,
Inc.
|
WMIF | Maryland | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü | ü |
* | All Maryland Funds are currently Maryland corporations and all Massachusetts Funds are currently Massachusetts business trusts. |
Independent Board Members1 | Funds | |
Elisabeth Allison
|
EUPAC, NPF, NWF | |
Lee A. Ault III
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AFTD, Fixed-Income2 | |
Ronald P. Badie
|
FI, GFA, SCWF | |
William H. Baribault
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AFTD, Fixed-Income2 | |
Joseph C. Berenato
|
CIB, FI, GFA, NEF, SCWF, WGI | |
Louise H. Bryson
|
AMCAP, AMF, FI, GFA, ICA, SCWF | |
Vanessa C.L. Chang
|
EUPAC, NPF, NWF | |
Robert J. Denison
|
CIB, FI, GFA, NEF, SCWF, WGI | |
Mary Anne Dolan
|
AMCAP, AMF, CIB, FI, GFA, ICA, NEF, SCWF, WGI | |
Nicholas Donatiello, Jr.
|
EUPAC, NPF, NWF | |
James G. Ellis
|
AFTD, AMCAP, AMF, ICA, Fixed-Income2 | |
Mary Jane Elmore
|
AMBAL, IFA, IGI | |
Nariman Farvardin
|
TEFMD/VA, WMIF | |
Martin Fenton
|
AFTD, Fixed-Income2 | |
Robert A. Fox
|
AMBAL, EUPAC, FI, GFA, IFA, IGI, NPF, NWF, SCWF | |
Barbara Hackman Franklin
|
TEFMD/VA, WMIF | |
John G. Freund
|
FI, GFA, SCWF | |
Leonard R. Fuller
|
AFTD, AMCAP, AMF, ICA, Fixed-Income2 | |
W. Scott Hedrick
|
AFTD, Fixed-Income2 | |
Mary Davis Holt
|
WMIF | |
R. Clark Hooper
|
AFTD, CIB, NEF, TEFMD/VA, WGI, WMIF, Fixed-Income2 | |
Koichi Itoh
|
CIB, EUPAC, NEF, NPF, NWF, WGI | |
Merit E. Janow
|
AFTD, CIB, NEF, WGI, Fixed-Income2 | |
Leonade D. Jones
|
AMBAL, CIB, FI, GFA, IFA, IGI, NEF, SCWF, WGI | |
William D. Jones
|
AMBAL, AMCAP, AMF, ICA, IFA, IGI |
Independent Board Members1 | Funds | |
L. Daniel Jorndt
|
AMCAP, AMF, ICA | |
Mary Myers Kauppila
|
AFTD, AMCAP, AMF, CIB, ICA, NEF, WGI, Fixed-Income2 | |
William H. Kling
|
AMCAP, AMF, EUPAC, ICA, FI, GFA, NPF, NWF, SCWF | |
John M. Lillie
|
AMBAL, IFA, IGI | |
John G. McDonald
|
AMCAP, AMF, AMBAL, EUPAC, FI, GFA, ICA, IFA, IGI, NPF, NWF, SCWF | |
James C. Miller III
|
TEFMD/VA, WMIF | |
William I. Miller
|
EUPAC, NPF, NWF | |
Laurel B. Mitchell
|
AFTD, Fixed-Income2 | |
Bailey Morris-Eck
|
AMCAP, AMF, ICA | |
Gail L. Neale
|
CIB, NEF, WGI | |
Donald L. Nickles
|
TEFMD/VA, WMIF | |
Robert J. O’Neill
|
CIB, NEF, WGI | |
Alessandro Ovi
|
EUPAC, NPF, NWF | |
James J. Postl
|
AMBAL, IFA, IGI | |
Stefanie Powers
|
CIB, NEF, WGI | |
Olin C. Robison
|
AMCAP, AMF, ICA | |
Steven B. Sample
|
AMCAP, AMF, ICA | |
Frank M. Sanchez
|
AFTD, Fixed-Income2 | |
William J. Shaw
|
WMIF | |
J. Knox Singleton
|
TEFMD/VA, WMIF | |
Margaret Spellings
|
AFTD, Fixed-Income2 | |
Isaac Stein
|
AMBAL, IFA, IGI | |
Christopher E. Stone
|
CIB, FI, GFA, NEF, SCWF, WGI | |
Lydia W. Thomas
|
WMIF | |
Steadman Upham
|
AFTD, CIB, NEF, WGI, Fixed-Income2 | |
Interested Board Members3 | Funds | |
Hilda L. Applbaum
|
IFA | |
Timothy D. Armour
|
AMCAP, NEF | |
David C. Barclay
|
AHIT | |
Gordon Crawford
|
SCWF | |
Mark H. Dalzell
|
WBF | |
Mark E. Denning
|
WGI | |
Gina H. Despres
|
EUPAC, NPF, NWF, WGI | |
Michael J. Downer
|
AFTD | |
James K. Dunton
|
AMF | |
Brenda S. Ellerin
|
LTEX, STEX | |
Abner D. Goldstine
|
BFA, MMF | |
Joyce E. Gordon
|
AMF, CIB | |
Paul G. Haaga, Jr.
|
Fixed-Income2 | |
David A. Hoag
|
STBF | |
Claudia P. Huntington
|
AMCAP, NEF | |
Gregg E. Ireland
|
NPF | |
Gregory D. Johnson
|
AMBAL | |
Carl M. Kawaja
|
EUPAC |
Interested Board Members3 | Funds | |
Neil L. Langberg
|
TEBF | |
James H. Lemon, Jr.
|
TEFMD/VA, WMIF | |
Harry J. Lister
|
WMIF | |
James B. Lovelace
|
AFTD, CIB, ICA | |
Robert W. Lovelace
|
NPF, NWF | |
Robert G. O’Donnell
|
AMBAL | |
Donald D. O’Neal
|
GFA, ICA | |
Dina N. Perry
|
FI | |
James F. Rothenberg
|
FI, GFA | |
John H. Smet
|
GVT, IBFA | |
Jeffrey L. Steele
|
TEFMD/VA, WMIF | |
Steven T. Watson
|
IGI | |
Gregory W. Wendt
|
SCWF | |
Karl J. Zeile
|
AHIM |
1 |
The term
“independent” Board member refers to a Board member who is not an
“interested person” of the Fund within the meaning of the Investment
Company Act of 1940 (the “1940 Act”). Each “independent” Board nominee was
nominated by the applicable Fund’s current “independent” members.
|
2 |
Fixed-Income
includes: AHIM, AHIT, BFA, GVT, IBFA, LTEX, MMF, STBF, STEX, TEBF, TEFCA
and WBF.
|
3 |
Board member
affiliated with Capital Research and Management Company or its affiliates,
or in the case of WMIF and TEFMD/VA, affiliated with Washington Management
Corporation.
|
• |
the DE Trust would
continue the business of the corresponding Fund, except to the extent
amended by other Proposals included in this Joint Proxy Statement;
|
• |
except as
otherwise modified by another Proposal in this Joint Proxy Statement, the
investment objectives, policies, strategies and risks of a Fund will not
change as a DE Trust;
|
• |
the Board of the
DE Trust, which will include the individuals elected under Proposal 1, and
officers of the DE Trust would be the same as those of the corresponding
Fund, and would operate the DE Trust in essentially the same manner as
they previously operated the Fund, except as provided in other Proposals
in this Joint Proxy Statement;
|
• |
The main operating
agreements of the DE Trust — the investment advisory and service agreement
or investment advisory agreement, as applicable, the principal
underwriting agreement, administrative services agreement and the
shareholder services agreement — would be substantially similar to those
of the corresponding Fund, except with respect to amendments to the
investment advisory and service agreement or investment advisory agreement
as approved by shareholders pursuant to Proposal 5 in this Joint Proxy
Statement, and subsidiary agreements as set forth in Proposal 6 of this
Joint Proxy Statement.
|
• |
The approval of
the shareholders of the Fund is required before the Fund may operate under
the subsidiary adviser arrangement. The shareholder approval sought here
is intended to satisfy this condition with respect to the Fund.
|
• |
CRMC will provide
general management services to each Fund, including overall supervisory
responsibility for the general management and investment of the Fund’s
assets.
|
• |
CRMC will
supervise each subsidiary adviser in the performance of its duties for a
Fund with a view to preventing violations of the federal securities laws.
Each advisory agreement between the Fund and CRMC will provide that CRMC
will so supervise each subsidiary adviser.
|
• |
Within 90 days of
hiring any new subsidiary adviser, Fund shareholders must be furnished all
information about the new subsidiary adviser that would be included in a
proxy statement related to their approval of a new Subsidiary Agreement in
the absence of a subsidiary adviser arrangement.
|
• |
If any new
subsidiary agreement or amendment to a subsidiary agreement would result
in an increase in the rate of overall management and advisory fees payable
by a Fund, that agreement or amendment will have to be approved by the
shareholders of the affected Fund.
|
• |
The exemptive
order will expire on the effective date of any rule adopted by the SEC
that provides relief substantially similar to that contained in the
exemptive order.
|
1. | A subsidiary adviser arrangement will enable the Board of each Fund to act more quickly, with less expense to the Fund, in appointing new subsidiary advisers when the Board and CRMC believe that such appointment would be in the best interests of the Fund and its shareholders; |
2. | CRMC would continue to be directly responsible for supervising the activities and performance of each subsidiary adviser, for taking reasonable steps to assure that the subsidiary adviser complies with the Fund’s investment policies and procedures and with applicable legal requirements, and for reporting to the Board regarding these matters; |
3. | No subsidiary adviser could be appointed, removed or replaced for a Fund without the applicable Board’s approval; and |
4. | Each Board also recognized that the services to be provided by CWI and CRGI, as incorporated subsidiaries, would be substantially the same as the services CWI and CRGI currently provide as divisions of CRMC. |
Fund
|
Date of “new” schedule |
Assets as
of
06/30/2009 (in
millions)
|
Fee under “old”
schedule (in millions)
|
Fee under “new”
schedule (in millions)
|
Asset level for “old”
schedule to result in a lower fee (in millions)
|
|||||||||
AMF
|
03/01/1995 | $ | 13,324 | $ | 38.57 | $ | 35.79 | $ | 3,000 | |||||
FI
|
06/01/1998 | 36,914 | 103.68 | 95.27 | 8,000 | |||||||||
IFA
|
01/01/1999 | 56,430 | 157.76 | 154.09 | 8,000 | |||||||||
NEF
|
02/01/1995 | 6,004 | 26.18 | 25.07 | 2,967 |
Exhibit A – Form of Nominating [and
Governance] Committee Charter
|
A-1 | |
Exhibit B – Form of Agreement and Plan
of Reorganization
|
B-1 | |
Exhibit C – Form of Agreement and
Declaration of Trust
|
C-1 | |
Exhibit D-1 – Form of Investment
Advisory and Service Agreement
|
D-1-1 | |
Exhibit D-2 – Form of Investment
Advisory Agreement
|
D-2-1 | |
Exhibit E – Form of Subsidiary
Agreement
|
E-1 |
Appendix 1 – Board of Directors/Trustees
Information
|
1-1 | |
Appendix 2 – Board Committee
Memberships
|
2-1 | |
Appendix 3 – Board Member Compensation
and Fund Ownership
|
3-1 | |
Appendix 4 – Other Executive
Officers
|
4-1 | |
Appendix 5 – Advisory
Boards
|
5-1 | |
Appendix 6 – Summary Comparisons of
Governing Documents and State Law
|
6-1 | |
Appendix 7 – Proposed Updates to
Fundamental Investment Policies
|
7-1 | |
Appendix 8 – Investment Advisory
Agreement Information and Related Entity Fees
|
8-1 | |
Appendix 9 – Certain Investment Advisory
and Service Agreement Provisions
|
9-1 | |
Appendix 10 – Investment Adviser’s Board
of Directors
|
10-1 | |
Appendix 11 – Fund Capitalization by
Share Class
|
11-1 | |
Appendix 12 – 5% Shareholder
Table
|
12-1 | |
Appendix 13 – Independent Auditors and
Related Fees
|
13-1 |
(a) | Evaluate the size and composition of the Board, and formulate policies and objectives concerning the desired mix of independent director skills and characteristics. In doing so, the Committee will take into account all factors it considers relevant, including experience, demonstrated capabilities, independence, commitment, reputation, background, understanding of the investment business and understanding of business and financial matters generally. Where feasible and appropriate, the Committee will seek to enhance the diversity of Board membership. The Committee will also consider Board member succession issues. |
(b) |
Identify and
screen independent director candidates for appointment to the Board, and
submit final recommendations to the full Board for approval. If the Fund
has an Advisory Board, the Committee will perform a similar function in
relation to the Advisory Board.1 The Committee will, in identifying and
screening candidates, adhere to the policies and objectives it has
previously formulated concerning independent director skills and
characteristics.
|
(c) |
Review independent
director (and, if applicable, Advisory Board member) compensation at least
every two years, and expense-reimbursement policies as appropriate. The
Committee will make recommendations on these matters to the full
Board.2
|
1 |
Committee members
are encouraged to be alert to potential candidates on an ongoing basis, so
that a pool of prospects is available for consideration when needs arise.
As part of the identification and screening process, the Committee may
consider candidates CRMC suggests, and may involve CRMC representatives in
screening candidates. However, the decision to approve candidates for
submission to the Board (or Advisory Board, if applicable) will be made
exclusively by the Committee.
|
2 |
Director
compensation recommendations may take into account the size of the Fund,
the demands placed on the independent directors, the practices of other
mutual fund groups, the need to attract and retain qualified independent
directors, any relevant regulatory or judicial developments, and other
considerations deemed appropriate by the Committee.
|
(d) | Review materials, including information drawn from independent director questionnaires, relating to positions, transactions and relationships that could reasonably bear on the independence of directors or raise concerns regarding potential conflicts of interest. |
(e) |
Make
recommendations to the full Board concerning the appointment of
independent directors to the Board’s committees. The Committee may make
recommendations to the full Board concerning the appointment of the Chair
of each Board committee and periodic changes in those appointments and
designations.3
|
(f) | Periodically consider the responsibilities of Board committees, the continuing need for each committee, the possible need for additional committees, and the desirability of combining or reorganizing committees, and make recommendations to the full Board with respect to such matters. |
(a) |
Provide oversight
regarding the orientation of new independent directors.4 The Committee Chair will designate an
experienced independent director to assist, and be available to, each new
independent director during his or her first year of service on the Board.
|
(b) | Consider, at such times as the Committee may deem appropriate, whether the composition of the Board, its committees (and, if applicable, the Fund’s Advisory Board) reflect an appropriate blend of skills, backgrounds and experience, in relation to the goal of maximizing their effectiveness. The Committee may also consider the effectiveness of meetings, including their frequency, scheduling and duration, adequacy and focus of agendas, and materials and presentations, and, as appropriate, Board member attendance. |
(c) | Periodically review and reassess the adequacy of this Charter, and recommend to the full Board any changes deemed advisable. |
3 |
Recommendations in
this area will be made after consideration of all relevant factors,
including the desires and capacities of individual directors, and their
roles on the boards and board committees of other funds managed by CRMC.
Formal term limits for committee members or Chairs are not necessary, but
the Committee will periodically consider their terms of service and the
possible desirability of changes.
|
4 |
It is expected
that orientation materials will be provided to each new director and one
or more orientation sessions arranged. These sessions should be geared
towards providing a working knowledge of the duties and obligations of
mutual fund directors and their role in overseeing mutual fund investments
and operations. Orientation sessions may be facilitated by or include
members of the Committee, representatives of CRMC and/or independent legal
counsel, as appropriate. New independent directors are encouraged to
participate in other educational opportunities, including those provided
by the Investment Company Institute.
|
(i) | Elect as Trustees of the DE Trust the following individuals: [list Board members]; |
(ii) | Approve an Investment Advisory [and Service] Agreement between Capital Research and Management Company (“Investment Adviser”) and the DE Trust, which is substantially the same, with any such changes as approved by shareholders of the Fund, as the then-current Investment Advisory [and Service] Agreement between the Investment Adviser and the Fund; |
(iii) | Approve a Subsidiary Agreement between the Investment Adviser and a Subsidiary Adviser, substantially in the form approved by shareholders of the Fund; and |
(iv) | Approve Plans of Distribution pursuant to Rule 12b-1 under the 1940 Act for applicable share classes and series of the DE Trust that are substantially the same as the Plans of Distribution of the Fund and its series. |
(i) | Approval of the Investment Advisory [and Service] Agreement described in paragraph (f)(ii) of this Section 3 between the Investment Adviser and the DE Trust; |
(ii) | Approval of the assignment to the DE Trust of the custody agreement(s), as amended to date, between [Custodian] and the Fund; |
(iii) | Selection of [Auditor] as the DE Trust’s independent registered public accounting firm for the current fiscal year; |
(iv) | Approval of an administrative services agreement with the Investment Adviser in substantially the same form as the Fund’s then current agreement; |
(v) | Approval of a principal underwriting agreement between the DE Trust and American Funds Distributors, Inc. in substantially the same form as the Fund’s then current agreement; |
(vi) | Approval of plans of distribution by the DE Trust pursuant to Rule 12b-1 under the 1940 Act for each relevant class of shares in substantially the same form as the then current plans for shares of the Fund; |
(vii) | Approval of the multiple class plan pursuant to Rule 18f-3 in substantially the same form as the Fund’s then current plan; |
(viii) | Approval of a shareholder services agreement with American Funds Service Company in substantially the same form as the Fund’s then current agreement; |
(ix) | Authorization of the issuance by the DE Trust of one share of each series of the DE Trust to the Fund in consideration for the payment of $1.00 for each such share for the purpose of enabling the Fund to vote on the matters referred to in paragraph (f) of this Section 3, and the subsequent redemption of such shares, all prior to the Effective Date of the Reorganization; |
(x) | Submission of the matters referred to in paragraph (f) of this Section 3 to the Fund as sole shareholder of each series of the DE Trust; and |
(xi) | [Approval of a business management agreement between the DE Trust and Washington Management Corporation in substantially the same form as the Fund’s then current agreement][applicable to TEFMD/VA and WMIF]. |
[Name of Fund]
(a state and form of
organization)
|
||
By: | ||
Name:
Title:
|
[Name of DE Trust]
(a Delaware statutory
trust)
|
||
By: | ||
Name:
Title:
|
i. | whenever a conflict of interest exists or arises between any Fiduciary Covered Person or any of his Affiliated Persons, on the one hand, and the Trust or any Shareholders or any other Person, on the other hand; or |
ii. | whenever this Trust Instrument or any other agreement contemplated herein or therein provides that a Fiduciary Covered Person shall act in a manner that is, or provides terms that are, fair and reasonable to the Trust, any Shareholders or any other Person; then |
iii. |
such Fiduciary
Covered Person shall resolve such conflict of interest, take such action
or provide such terms, considering in each case the relative interest of
each party (including his own interest) to such
|
conflict, agreement, transaction or
situation and the benefits and burdens relating to such interests, any
customary or accepted industry practices, and any applicable generally
accepted accounting practices or principles. In the absence of bad faith
by a Fiduciary Covered Person, the resolution, action or terms so made,
taken or provided by a Fiduciary Covered Person shall not constitute a
breach of this Trust Instrument or any other agreement contemplated herein
or of any duty or obligation of a Fiduciary Covered Person at law or in
equity or otherwise.
|
FUND | CAPITAL RESEARCH AND MANAGEMENT COMPANY | |||||||
By: | By: |
FUND | CAPITAL RESEARCH AND MANAGEMENT COMPANY | |||||||
By: | By: |
[SUBSIDIARY] | CAPITAL
RESEARCH AND MANAGEMENT COMPANY |
|||||||
By: | By: | |||||||
Name and Age |
Position with the
Fund
(Year Elected a
Director/Trustee)
|
Principal Occupation(s)
During Past 5 Years |
Number of Portfolios in Fund Complex2 overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
“Independent”
Directors/Trustees1
|
||||||||
Elisabeth Allison
62
|
Director: NPF (1991), NWF
(1999)
Trustee: EUPAC (1991)
|
Partner, ANZI, Ltd. (transactional work, specializing in joint ventures and strategic alliances); Business Negotiator, Harvard Medical School | 3 | Helicos BioSciences Corporation |
||||
Lee A. Ault III
73
|
Chairman of the Board : AFTD
(2007)
Nominee: AHIM, AHIT, BFA, GVT, IBFA,
LTEX, MMF, STBF, STEX, TEBF, TEFCA, WBF
|
Private investor and corporate director; former Chairman of the Board, In-Q-Tel, Inc. (technology venture company funded principally by the Central Intelligence Agency); former Chairman of the Board, President and CEO, Telecredit, Inc. (payment services) | 14 | Anworth Mortgage
Asset Corporation; Office Depot, Inc. |
||||
Ronald P. Badie
66
|
Director: FI, GFA (2008)
Nominee: SCWF
|
Retired; former Vice Chairman, Deutsche Bank Alex. Brown | 4 | Amphenol Corporation; Merisel, Inc.;
Nautilus, Inc.; Obagi Medical Products, Inc. |
||||
William H. Baribault
63
|
Director: AFTD (2009)
Nominee: AHIM , AHIT, BFA, GVT, IBFA,
LTEX, MMF, STBF, STEX, TEBF, TEFCA, WBF
|
Chairman of the Board and CEO, Oakwood Enterprises (private investment and consulting); former Chairman of the Board, President and CEO, Professional Business Bank (financial services for small businesses); former President and CEO, Henry Company (building products) | 14 | None | ||||
Joseph C. Berenato
63
|
Director: CIB (2005); FI, GFA (2003);
SCWF (2000); WGI (2005)
Trustee: NEF (2000)
|
Chairman and Chief Executive Officer, Ducommun Incorporated (aerospace components manufacturer) | 6 | None | ||||
Louise H. Bryson
65
|
Director: FI, GFA (2008); ICA
(1999)
Nominee: AMCAP, AMF, SCWF
|
Chair of the Board of Trustees, J. Paul Getty Trust; former President, Distribution, Lifetime Entertainment Network; former Executive Vice President and General Manager, Lifetime Movie Network | 6 | None | ||||
Richard G. Capen, Jr.
75
|
Director: AHIM, BFA, TEBF, WBF (1999);
STBF (2006)
Trustee: AHIT, GVT, IBFA, LTEX, TEFCA
(1999); MMF, STEX (2009)
|
Corporate director and author; former U.S. Ambassador to Spain; former Vice Chairman, Knight-Ridder, Inc. (communications company); former Chairman and Publisher, The Miami Herald | 12 | Carnival Corporation | ||||
Vanessa C.L. Chang
57
|
Director: NPF (2000); NWF
(2005)
Trustee: EUPAC (2005)
|
Director, EL & EL Investments (real estate); former Chief Executive Officer and President, ResolveItNow.com (insurance related Internet company); former Senior Vice President, Secured Capital Corporation (real estate investment bank); former Partner, KPMG LLP (independent registered public accounting firm) | 3 | Edison International | ||||
H. Frederick Christie
76
|
Director: CIB (1987); WGI (1993) | Private investor; former President and CEO, The Mission Group (non-utility holding company, subsidiary of Southern California Edison Company) | 2 | AECOM Technology Corporation (engineering, consulting and professional technical services); DineEquity, Inc.; Ducommun Incorporated; SouthWest Water Company |
Name and Age |
Position with the
Fund
(Year Elected a
Director/Trustee)
|
Principal Occupation(s)
During Past 5 Years |
Number of Portfolios in Fund Complex2 overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
Robert J. Denison
68
|
Director: CIB, FI, GFA, WGI
(2005)
Nominee: NEF, SCWF
|
Chair, First Security Management (private investment) | 7 | None | ||||
Mary Anne Dolan
62
|
Chairman of the Board: AMCAP (1998), AMF
(1993)
Director: ICA (2000); SCWF (2008)
Trustee: NEF (2008)
Nominee: CIB, FI, GFA, WGI
|
Founder and President, M.A.D. Ink. (communications company); former Editor-in-Chief, The Los Angeles Herald Examiner | 9 | None | ||||
Nicholas Donatiello, Jr.
49
|
Director: NPF, NWF (2008)
Trustee: EUPAC (2008)
|
President and Chief Executive Officer, Odyssey Ventures, Inc. (business strategy and marketing consulting) | 3 | Dolby Laboratories, Inc. | ||||
James G. Ellis
62
|
Director: AHIM, BFA, STBF, TEBF, WBF
(2006); ICA (2008)
Trustee: AHIT, GVT, IBFA, LTEX, TEFCA
(2006); MMF, STEX (2009)
Nominee: AFTD, AMCAP, AMF
|
Dean and Professor of Marketing, Marshall School of Business, University of Southern California | 17 | Quiksilver, Inc. | ||||
Mary Jane Elmore
55
|
Director: AMBAL, IFA, IGI (2008) | Managing Director and General Partner, Institutional Venture Partners; former Product Marketing Manager, Intel Corporation’s Development Systems Division | 3 | None | ||||
Nariman Farvardin
52
|
Director: WMIF (2007)
Nominee: TEFMD/VA
|
Senior Vice President for Academic Affairs and Provost, University of Maryland; former Dean, A. James Clark School of Engineering, University of Maryland | 3 | None | ||||
Martin Fenton5
74
|
Chairman of the Board: AHIM (1994);
AHIT, BFA, GVT, IBFA, TEBF, TEFCA, WBF (1989); LTEX (1993); MMF, STEX
(2009); STBF (2006)
Director: AFTD (2007)
|
Chairman, Senior Resource Group LLC (development and management of senior living communities) | 17 | None | ||||
Robert A. Fox
72
|
Director: AMBAL (1976-1978, 1982); FI
(1998); GFA (1970); IFA (1972); IGI (2008); NPF (1979); NWF
(1999)
Trustee: EUPAC (1984)
Nominee: SCWF
|
Managing General Partner, Fox Investments LP; corporate director; retired President and Chief Executive Officer, Foster Farms (poultry producer). | 9 | None | ||||
Barbara Hackman Franklin
69
|
Director: WMIF (2005)
Trustee: TEFMD/VA (2007)
|
President and Chief Executive Officer, Barbara Franklin Enterprises (international business and corporate governance consulting); former U.S. Secretary of Commerce | 3 | Aetna, Inc.; The Dow Chemical Company; JPMorgan Value Opportunities Fund, Inc. |
||||
John G. Freund
55
|
Director: SCWF (2000)
Nominee: FI, GFA
|
Founder and Managing Director, Skyline Ventures (a venture capital investor in health care companies) | 3 | Hansen Medical,
Inc.; Mako Surgical Corporation;
MAP Pharmaceuticals, Inc.;
XenoPort, Inc. |
||||
Leonard R. Fuller
63
|
Director: AFTD (2007); AHIM, BFA, TEBF,
WBF (1994); ICA (2002), STBF (2006)
Trustee: AHIT, GVT, IBFA, LTEX, TEFCA
(1994); MMF, STEX (2009)
Nominee: AMCAP, AMF
|
President and CEO, Fuller Consulting (financial management consulting firm) | 17 | None | ||||
W. Scott Hedrick
63
|
Director: AFTD (2007)
Nominee: AHIM, AHIT, BFA, GVT, IBFA,
LTEX, MMF, STBF, STEX, TEBF, TEFCA, WBF
|
Founding General Partner, InterWest Partners (a venture capital firm); Visiting Lecturer, Stanford Graduate School of Business | 14 | Office Depot, Inc. Hot Topic, Inc. |
Name and Age |
Position with the
Fund
(Year Elected a
Director/Trustee)
|
Principal Occupation(s)
During Past 5 Years |
Number of Portfolios in Fund Complex2 overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
Mary Davis Holt
58
|
Nominee: WMIF | Owner, Flynn Heath Holt Leadership, LLC; former Chief Operating Officer, Time Life Inc. | 1 | None | ||||
R. Clark Hooper
63
|
Director: WMIF (2003); AHIM, BFA, TEBF,
WBF (2005); STBF (2006)
Trustee: AHIT, IBFA, LTEX, TEFCA,
TEFMD/VA (2005); GVT, MMF, STEX (2009); NEF (2006)
Nominee: AFTD, CIB, WGI
|
Private investor; former President, Dumbarton Group LLC (securities industry consulting); former Executive Vice President - Policy and Oversight, National Association of Securities Dealers (NASD) | 20 | JPMorgan Value Opportunities Fund, Inc.; The Swiss Helvetia Fund, Inc. |
||||
Koichi Itoh
68
|
Director: CIB, WGI (2005); NPF (1994);
NWF (1999)
Trustee: EUPAC (1994)
Nominee: NEF
|
Executive Chairman, Itoh Building Co., Ltd. (building management); former President, Autosplice KK (electronics) | 6 | None | ||||
Merit E. Janow
51
|
Director: AFTD (2007); CIB, WGI
(2001)
Nominee: AHIM, AHIT, BFA, GVT, IBFA,
LTEX, MMF, NEF, STBF, STEX, TEBF, TEFCA, WBF
|
Professor, Columbia University, School of International and Public Affairs; former Member, World Trade Organization Appellate Body | 17 | The NASDAQ Stock
Market LLC; Trimble Navigation Limited |
||||
Leonade D. Jones
61
|
Chairman of the Board: AMBAL, IFA
(1993); IGI (2008)
Director: FI (1998); GFA (1993); SCWF
(1995) Trustee: NEF (1995)
Nominee: CIB, WGI
|
Co-Founder, VentureThink LLC (developed and managed e-commerce businesses) and Versura Inc. (education loan exchange); former Treasurer, The Washington Post Company | 9 | None | ||||
William D. Jones
54
|
Director: AMBAL, IFA, IGI (2008); AMCAP,
AMF (2006)
Nominee: ICA
|
Real estate developer/owner, President and CEO, CityLink Investment Corporation (acquires, develops and manages real estate ventures in selected urban communities) and City Scene Management Company (provides commercial asset and property management services) | 6 | Sempra Energy;
SouthWest Water Company |
||||
L. Daniel Jorndt
68
|
Director: ICA (2006)
Nominee: AMCAP, AMF
|
Former Chairman and Chief Executive Officer, Walgreen Co. (drug store chain) | 3 | None | ||||
Mary Myers Kauppila
55
|
Chairman of the Board: CIB (1992); WGI
(1993)
Director: AFTD (2007); AMCAP (1998); AMF
(1991)
Nominee: AHIM, AHIT, BFA, GVT, IBFA,
ICA, LTEX, MMF, NEF, STBF, STEX, TEBF, TEFCA, WBF
|
Chairman and CEO, Ladera Management Company (private investment company) | 20 | None | ||||
William H. Kling6
67
|
Chairman of the Board: SCWF (1990)
Director: AMCAP, AMF (2006); NPF (1987); NWF (1999)
Trustee: EUPAC (1987)
Nominee: FI, GFA, ICA
|
President and CEO, American Public Media Group | 9 | Irwin Financial Corporation | ||||
John M. Lillie
72
|
Director: AMBAL, IFA (2003); IGI (2008) | Former President, Sequoia Associates LLC (investment firm specializing in medium size buyouts); former CEO, American President Companies (container shipping and transportation services); former CEO, Lucky Stores; former CEO, Leslie Salt | 3 | None |
Name and Age |
Position with the
Fund
(Year Elected a
Director/Trustee)
|
Principal Occupation(s)
During Past 5 Years |
Number of Portfolios in Fund Complex2 overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
John G. McDonald
72
|
Director: AMBAL (1975-1978, 1988); FI
(1998); GFA, ICA, IFA (1976); IGI (2008); NPF (1978); NWF
(1999)
Trustee: EUPAC (1984) Nominee: AMCAP, AMF, SCWF
|
Stanford Investors Professor, Graduate School of Business, Stanford University | 12 | iStar Financial, Inc.;
Plum Creek Timber Co.; Scholastic Corporation; Varian, Inc. |
||||
James C. Miller III
67
|
Director: WMIF (1992)
Trustee: TEFMD/VA (2000)
|
Senior Advisor, Husch Blackwell Sanders LLP; former Chairman, The CapAnalysis Group, LLC (economic, financial and regulatory consulting); former Director, U.S. Office of Management and Budget | 3 | Clean Energy Fuels
Corporation; JPMorgan Value Opportunities Fund, Inc. |
||||
William I. Miller
53
|
Chairman of the Board: EUPAC, NPF (1992); NWF (1999) | Chairman of the Board and Chief Executive Officer, Irwin Financial Corporation | 3 | Cummins, Inc. | ||||
Laurel B. Mitchell
54
|
Director: BFA, STBF (2009)
Trustee: MMF, STEX, TEFCA
(2009)
Nominee: AFTD, AHIM, AHIT, GVT, IBFA,
LTEX, TEBF, WBF
|
Director, Accounting Program, University of Redlands | 14 | None | ||||
Bailey Morris-Eck
65
|
Director: AMCAP, AMF (1999); ICA (1993) | Director and Programming Chair, WYPR Baltimore/Washington (public radio station); Senior Adviser, Financial News (London); Senior Fellow, Institute for International Economics; former Senior Associate and head of the Global Policy Initiative, Reuters Foundation | 3 | None | ||||
Gail L. Neale7
74
|
Director: CIB (1987); WGI
(1993)
Nominee: NEF
|
President, The Lovejoy Consulting Group, Inc. (a pro-bono consulting group advising non-profit organizations) | 5 | None | ||||
Richard G. Newman
74
|
Director: AHIM (1994); BFA, TEBF, WBF
(1991); ICA (1996) STBF (2006)
Trustee: AHIT, GVT, IBFA, TEFCA (1991);
LTEX (1993); MMF, STEX (2009)
|
Chairman, AECOM Technology Corporation (engineering, consulting and professional technical services) | 13 | Sempra Energy;
SouthWest Water Company |
||||
Donald L. Nickles
60
|
Director: WMIF (2007)
Nominee: TEFMD/VA
|
Chairman and CEO, The Nickles Group (consulting); former U.S. Senator (Oklahoma) | 3 | Chesapeake Energy Corporation; Valero Energy Corporation |
||||
Robert J. O’Neill
72
|
Director: CIB (1992); WGI
(1993)
Nominee: NEF
|
Chairman, Academic Advisory Committee, United States Studies Centre, University of Sydney; Chairman of Directors, Forty Seven Friends Pty Ltd (a not-for-profit supporting a local art and craft centre in Australia); former Planning Director and Acting Chief Executive Officer of the United States Studies Centre, University of Sydney; former Deputy Chairman of the Council and Chairman of the International Advisory Panel, Graduate School of Government, University of Sydney, Australia; Member of the Board of Directors, The Lowy Institute for International Policy Studies, Sydney, Australia; former Chairman of the Council, Australian Strategic Policy Institute; former Chichele Professor of the History of War and Fellow, All Souls College, University of Oxford; former Chairman of the Council, International Institute for Strategic Studies | 3 | None |
Name and Age |
Position with the
Fund
(Year Elected a
Director/Trustee)
|
Principal Occupation(s)
During Past 5 Years |
Number of Portfolios in Fund Complex2 overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
Alessandro Ovi
65
|
Director: NPF (2005); NWF
(2001)
Trustee: EUPAC (2002)
|
Publisher and Editor, Technology Review; President, TechRev.srl; former Special Advisor to the Italian Prime Minister; former Special Adviser to the President of the European Commission | 3 | Telecom Italia Media SpA; ST Microelectronics SNV; Guala Closures SpA; Landi Renzo SpA; Enia SpA |
||||
Donald E. Petersen
82
|
Director: CIB (1992); WGI (1993) | Retired; former Chairman of the Board and Chief Executive Officer, Ford Motor Company | 2 | None | ||||
James J. Postl
63
|
Director: AMBAL (2007); IFA, IGI (2008) | Former President/CEO, Pennzoil-Quaker State Company (automotive products and services) | 3 | Centex
Corporation; Cooper Industries
|
||||
Stefanie Powers
66
|
Director: CIB (1989-1996, 1997); WGI
(1993-1996, 1997)
Nominee: NEF
|
Actor, Producer; Co-founder and President of The William Holden Wildlife Foundation; conservation consultant to Land Rover and Jaguar North America; and author of The Jaguar Conservation Trust | 3 | None | ||||
Rozanne L. Ridgway
74
|
Director: NPF (2000); NWF
(2005)
Trustee: EUPAC (2005)
|
Director of companies; Chair (non-executive), Baltic-American Enterprise Fund; Chair (non-executive), The CNA Corp. | 3 | Emerson
Electric; Sara Lee Corporation
|
||||
Henry E. Riggs
74
|
Director: AMBAL, IFA, FI, GFA (1989); IGI (2008) | President Emeritus, Keck Graduate Institute of Applied Life Sciences | 5 | None | ||||
Olin C. Robison
73
|
Director: AMCAP (1998); AMF (1991), ICA (1987) | Fellow, The Oxford Centre for the Study of Christianity and Culture; Director, The Oxford Project on Religion and Public Policy; President Emeritus of the Salzburg Seminar; President Emeritus, Middlebury College | 3 | American Shared
Hospital Services |
||||
Steven B. Sample
68
|
Director: AMCAP, AMF (1999)
Nominee: ICA
|
President, University of Southern California | 3 | Intermec Inc. | ||||
Frank M. Sanchez
65
|
Director: AHIM, BFA, IBFA, TEBF, WBF
(1999); STBF (2006)
Trustee: AHIT, GVT, LTEX, TEFCA (1999);
MMF, STEX (2009)
Nominee: AFTD
|
Principal, The Sanchez Family Corporation dba McDonald’s Restaurants (McDonald’s licensee) | 14 | None | ||||
William J. Shaw
63
|
Director: WMIF (2009) | Vice Chairman; former President and Chief Operating Officer, Marriott International, Inc. | 1 | Marriott International, Inc. | ||||
John Knox Singleton
60
|
Chairman of the Board: TEFMD/VA (2004); WMIF (2001) | President and Chief Executive Officer, INOVA Health System | 3 | Healthcare Realty Trust, Inc.; JPMorgan Value Opportunities Fund, Inc. |
||||
Margaret Spellings
51
|
Director: STBF (2009)
Trustee: MMF, STEX (2009)
Nominee: AFTD, AHIM, AHIT, BFA, GVT,
IBFA, LTEX, TEBF, TEFCA, WBF
|
President and Chief Executive Officer, Margaret Spellings & Company; former United States Secretary of Education, United States Department of Education – Federal Government Agency; former Assistant to the President for Domestic Policy; The White House – Federal Government, Executive Branch – Domestic Policy | 14 | None | ||||
Isaac Stein
62
|
Director: AMBAL, IFA (2004); IGI (2008) | President, Waverley Associates (private investment fund); Chairman Emeritus of the Board of Trustees, Stanford University | 3 | Alexza
Pharmaceuticals, Inc.; Maxygen, Inc. |
Name and Age |
Position with the
Fund
(Year Elected a
Director/Trustee)
|
Principal Occupation(s)
During Past 5 Years |
Number of Portfolios in Fund Complex2 overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
Christopher E. Stone
53
|
Director: SCWF (2007); CIB, WGI
(2009)
Trustee: NEF (2007)
Nominee: FI, GFA
|
Daniel and Florence Guggenheim Professor of the Practice of Criminal Justice, John F. Kennedy School of Government, Harvard University; President and Director, Vera Institute of Justice | 6 | None | ||||
Lydia W. Thomas
64
|
Nominee: WMIF | Consultant, Nobilis; former President and Chief Executive Officer, Nobilis | 1 |
Cabot Corporation;
Mueller Water Products
|
||||
Steadman Upham
60
|
Director: AHIM, BFA, STBF, TEBF, WBF
(2007); CIB, WGI (2001)
Trustee: AHIT, GVT, IBFA, LTEX, TEFCA
(2007); MMF, STEX (2009)
Nominee: AFTD, NEF
|
President and Professor of Anthropology, The University of Tulsa; former President and Professor of Archaeology, Claremont Graduate University | 17 | None | ||||
Charles Wolf, Jr.
85
|
Director: CIB (1987); WGI (1993) | Senior Economic Adviser and Corporate Chair in International Economics, The RAND Corporation; former Dean, The RAND Graduate School | 2 | None |
Name and Age |
Position with the Fund
(Year First Elected a
Director
and/or Officer of the
Fund)
|
Principal Occupation(s) During Past 5 Years
and Positions Held with
Affiliated Entities
or the Principal Underwriter of the Fund |
Number of Portfolios in Fund Complex2 Overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
“Interested”
Directors/Trustees8
|
||||||||
Hilda L. Applbaum
48
|
Vice Chairman of the Board: IFA (1998) | Senior Vice President – Capital World Investors, Capital Research and Management Company | 1 | None | ||||
Timothy D. Armour
49
|
Vice Chairman of the Board: NEF
(1991)
President and Nominee: AMCAP
(1996)
|
President and Director, Capital Research and Management Company; Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, The Capital Group Companies, Inc. | 2 | None | ||||
David C. Barclay
52
|
President and Trustee: AHIT (1995) | Senior Vice President – Fixed Income, Capital Research and Management Company; Director, The Capital Group Companies, Inc. | 1 | None | ||||
Gordon Crawford
62
|
Vice Chairman of the Board: SCWF (1992) | Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, The Capital Group Companies, Inc. | 1 | None | ||||
Mark H. Dalzell
54
|
President and Director: WBF (1998) | Senior Vice President – Fixed Income, Capital Research and Management Company; Vice President, Capital International Limited | 1 | None | ||||
Mark E. Denning
51
|
Executive Vice President and Nominee: WGI (1993) | Senior Vice President – Capital Research Global Investors, Capital Research Company; Director, Capital Research and Management Company; Director, Capital International Limited | 1 | None | ||||
Gina H. Despres
67
|
Vice Chairman of the Board: EUPAC (1999); NPF (1991); NWF (1999); WGI (1999) | Senior Vice President, Capital Research and Management Company; Senior Vice President, Capital Strategy Research, Inc. | 4 | None | ||||
Michael J. Downer
54
|
President and Director: AFTD (2006) | Senior Vice President, Secretary and Coordinator of Legal and Compliance - Capital Research and Management Company; Director, American Funds Distributors, Inc.; Chairman of the Board, Capital Bank and Trust Company | 1 | None | ||||
James K. Dunton
71
|
Vice Chairman of the Board: AMF (1984) | Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, Capital Research and Management Company | 2 | None | ||||
Brenda S. Ellerin
45
|
President and Trustee: LTEX (1997); STEX (2009) | Senior Vice President – Fixed Income, Capital Research and Management Company | 2 | None | ||||
Abner D. Goldstine
79
|
President and Director: BFA
(1974)
Trustee: MMF (2009)
|
Senior Vice President – Fixed Income, Capital Research and Management Company; Director, Capital Research and Management Company | 2 | None | ||||
Joyce E. Gordon
52
|
President and Nominee: CIB
(1996)
President and Nominee: AMF
(2005)
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, Capital Research and Management Company | 2 | None | ||||
Paul G. Haaga, Jr.
60
|
Vice Chairman of the Board: BFA, GVT (1985); TEBF, TEFCA (1986); AHIT, IBFA, WBF (1987); LTEX (1993); AHIM (1994); STBF (2006); MMF, STEX (2009) | Vice Chairman of the Board, Capital Research and Management Company; Senior Vice President – Fixed Income, Capital Research and Management Company | 12 | None |
Name and Age |
Position with the Fund
(Year First Elected a
Director
and/or Officer of the
Fund)
|
Principal Occupation(s) During Past 5 Years
and Positions Held with
Affiliated Entities
or the Principal Underwriter of the Fund |
Number of Portfolios in Fund Complex2 Overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
David A. Hoag
43
|
President and Nominee: STBF (2006) | Senior Vice President – Fixed Income, Capital Research and Management Company | 1 | None | ||||
Claudia P. Huntington
57
|
Vice Chairman of the Board and Director:
AMCAP (1992-1994, 1996)
President and Nominee: NEF
(1996)
|
Senior Vice President – Capital Research Global Investors – Capital Research and Management Company; Director, The Capital Group Companies, Inc. | 2 | None | ||||
Gregg E. Ireland
59
|
Senior Vice President and Director: NPF (1991) | Senior Vice President – Capital World Investors, Capital Research and Management Company | 1 | None | ||||
Gregory D. Johnson
46
|
President and Director: AMBAL (2003) | Senior Vice President – Capital World Investors, Capital Research and Management Company | 1 | None | ||||
Carl M. Kawaja
45
|
President and Nominee: EUPAC (2003) | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company; Director, Capital International, Inc.5; Director, Capital International Asset Management, Inc.5 | 1 | None | ||||
Neil L. Langberg
56
|
President and Director: TEBF (1985) | Senior Vice President – Fixed Income, Capital Research and Management Company | 1 | None | ||||
James H. Lemon, Jr.
73
|
Vice Chairman of the Board:
TEFMD/VA (1986); WMIF
(1971)
|
Chairman of the Board and Chief Executive Officer, The Johnston-Lemon Group, Incorporated (financial services holding company) | 3 | JPMorgan Value Opportunities Fund, Inc. |
||||
Harry J. Lister
73
|
Director: WMIF (1972) | Director, Washington Management Corporation | 1 | None | ||||
James B. Lovelace
53
|
Vice Chairman of the Board: CIB (1992);
AFTD (2007)
President and Director: ICA
(1994)
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, The Capital Group Companies, Inc. | 3 | None | ||||
Robert W. Lovelace
46
|
President and Director: NWF (1999); NPF (2001) | Executive Vice President and Director, Capital Research and Management Company; Senior Vice President – Capital World Investors, Capital Research and Management Company | 2 | None | ||||
Robert G. O’Donnell
65
|
Vice Chairman of the Board:
AMBAL (1990)
|
Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company | 1 | None | ||||
Donald D. O’Neal
49
|
President and Director: GFA
(1995)
Senior Vice President and Director: ICA
(1994)
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, The Capital Group Companies, Inc. | 2 | None | ||||
Dina N. Perry
63
|
President and Director: FI (1994) | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company | 1 | None | ||||
James F. Rothenberg
63
|
Vice Chairman of the Board: FI (1998); GFA (1997) | Chairman of the Board and PEO, Capital Research and Management Company; Director and Non-Executive Chairman, American Funds Distributors, Inc.; Director and Non-Executive Chair, The Capital Group Companies, Inc. | 2 | None |
Name and Age |
Position with the Fund
(Year First Elected a
Director
and/or Officer of the
Fund)
|
Principal Occupation(s) During Past 5 Years
and Positions Held with
Affiliated Entities
or the Principal Underwriter of the Fund |
Number of Portfolios in Fund Complex2 Overseen by Director/ Trustee3 |
Other Directorships Held by Director/Trustee4 |
||||
John H. Smet
52
|
President and Trustee: GVT, IBFA (1993) | Senior Vice President – Fixed Income, Capital Research and Management Company; Director, American Funds Distributors, Inc. | 2 | None | ||||
Jeffrey L. Steele
64
|
President and Trustee: TEFMD/VA
(2002)
President and Director: WMIF
(2000)
|
President and Director, Washington Management Corporation | 3 | JPMorgan Value Opportunities Fund, Inc. |
||||
Steven T. Watson
54
|
Vice Chairman of the Board: IGI (2008) | Senior Vice President – Capital World Investors, Capital Research Company; Director, Capital Research Company; Director, The Capital Group Companies, Inc. | 1 | None | ||||
Gregory W. Wendt
47
|
President and Director: SCWF (1992) | Senior Vice President – Capital Research Global Investors, Capital Research Company; Director, Capital Research and Management Company; Director, American Funds Distributors, Inc.; Director, Capital Management Services, Inc. | 1 | None | ||||
Karl J. Zeile
42
|
President and Nominee: AHIM (2008) | Senior Vice President – Fixed Income, Capital Research and Management Company | 1 | None |
1 |
The term
“independent” director/trustee refers to a director/trustee who is not an
“interested person” within the meaning of the Investment Company Act of
1940, as amended (the “1940 Act”).
|
2 |
Funds managed by
Capital Research and Management Company, including the American Funds;
American Funds Insurance Series,® which is composed
of 16 funds and serves as the underlying investment vehicle for certain
variable insurance contracts; American Funds Target Date Retirement
Series,® Inc.,
which is composed of nine funds and is available through tax-deferred
retirement plans and IRAs; and Endowments, which is composed of two
portfolios and is available to certain nonprofit organizations.
|
3 |
The number of
portfolios within the fund complex overseen by a director/trustee includes
portfolios that a nominee would oversee if elected.
|
4 |
This includes all
directorships (other than those in the American Funds or other funds
managed by Capital Research and Management Company) that are held by each
director/trustee as a director of a public company or a registered
investment company.
|
5 |
Martin Fenton will
remain on the boards of AMCAP, AMF and ICA but will not stand for
election. Mr. Fenton plans to retire from the boards of AMCAP, AMF
and ICA at the end of 2010 pursuant to the Funds’ retirement policies.
|
6 |
During the past
two years, Gordon Crawford (Senior Vice President, Capital Research Global
Investors, Capital Research and Management Company and Director, The
Capital Group Companies, Inc.) has been a trustee of Southern California
Public Radio, where Mr. Kling serves as a trustee and as Second Vice
Chair. Mr. Crawford does not participate in decisions directly
related to Mr. Kling’s status or compensation.
|
7 |
Gail L. Neale will
remain on the boards of FI and GFA but will not stand for election.
Mrs. Neale plans to retire from the boards of FI and GFA at the end
of 2010 pursuant to the Funds’ retirement policies.
|
8 |
“Interested
persons,” within the meaning of the 1940 Act, on the basis of their
affiliation with the Fund’s investment adviser, Capital Research and
Management Company, or affiliated entities (including the Fund’s principal
underwriter), or with the Fund’s business manager, Washington Management
Corporation, in the cases of James H. Lemon, Jr., Harry J. Lister and
Jeffrey L. Steele.
|
Audit Committee | Contracts Committee | Nominating Committee | Proxy Committee | |||||||||||||||||
Fund | Most recent fiscal year end |
Number of Board meetings |
Members | #
of meetings |
Members | #
of meetings |
Members | #
of meetings |
Members | #
of meetings |
||||||||||
AFTD4
|
10/31/2008 | 4 | Davis, Fenton, Fuller, Hedrick, Janow |
4 | All independent directors |
1 | Ault, Davis, Fenton, Kauppila |
1 | N/A | |||||||||||
AHIM
|
7/31/2008 | 4 | Ellis, Fenton, Newman, Sanchez |
6 | All
independent directors |
1 | Capen, Christie, Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
2 | N/A | |||||||||||
AHIT
|
9/30/2008 | 4 | Capen,
Christie, Fuller, Hooper, Upham |
4 | All
independent trustees |
1 | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
AMBAL
|
12/31/2008 | 4 | Elmore,
Fox, L. Jones, Lillie, Postl, Stein |
4 | All
independent directors |
2 | W. Jones,
Lillie, McDonald, Riggs, Woolf |
5 | Fox, L. Jones, McDonald, Stein, Woolf |
4 | ||||||||||
AMCAP
|
2/28/2009 | 4 | Dolan, Fenton, W. Jones, Robison, Sample |
6 | All
independent directors |
1 | Kauppila,
Kling, Morris-Eck |
3 | N/A | |||||||||||
AMF
|
10/31/2008 | 4 | Dolan, Fenton, W. Jones, Robison, Sample |
4 | All
independent directors |
1 | Kauppila,
Kling, Morris-Eck |
3 | N/A | |||||||||||
BFA5
|
12/31/2008 | 5 | Capen,
Christie, Fuller, Hooper, Mitchell, Upham |
6 | All
independent directors |
1 | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
CIB
|
10/31/2008 | 4 | Christie,
Janow, O’Neill, Petersen, Powers, Wolf |
4 | All
independent directors |
1 | Denison, Itoh,
Neale, Upham |
2 | All
independent directors |
1 | ||||||||||
EUPAC
|
3/31/2009 | 5 | Allison,
Chang, Donatiello, Itoh, Ridgway |
6 | All
independent trustees |
1 | Fox, Kling,
McDonald, Ovi |
4 | N/A | |||||||||||
FI
|
12/31/2008 | 4 | Badie,
Berenato, Denison, Fox, L. Jones |
4 | All
independent directors |
1 | Berenato,
Bryson, McDonald, Neale, Woolf |
3 | Fox, L.
Jones, McDonald, Neale, Woolf |
4 | ||||||||||
GFA
|
8/31/2008 | 4 | Badie,
Berenato, Denison, Fox, L. Jones |
6 | All
independent directors |
1 | Berenato,
Bryson, McDonald, Neale, Woolf |
4 | Fox, L.
Jones, McDonald, Neale, Woolf |
4 |
Audit Committee | Contracts Committee | Nominating Committee | Proxy Committee | |||||||||||||||||
Fund | Most recent fiscal year end |
Number of Board meetings |
Members | #
of meetings |
Members | #
of meetings |
Members | #
of meetings |
Members | #
of meetings |
||||||||||
GVT
|
8/31/2008 | 4 | Ellis, Fenton, Newman, Sanchez |
4 | All independent directors |
1 | Capen, Christie, Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
IBFA
|
8/31/2008 | 4 | Ellis, Fenton, Newman, Sanchez |
4 | All independent trustees |
1 | Capen, Christie, Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
ICA
|
12/31/2008 | 5 | Bryson, Dolan,
Ellis, Fenton, Fuller, Gonzalez, Jorndt, McDonald, Morris-Eck, Newman, Robison |
5 | All
independent directors |
1 | Bryson,
Dolan, McDonald, Robison |
3 | Fuller, McDonald, Newman |
4 | ||||||||||
IFA
|
7/31/2008 | 4 | Elmore, Fox, L.
Jones, Lillie, Postl, Stein |
4 | All
independent directors |
1 | W. Jones,
Lillie, McDonald, Riggs, Woolf |
5 | Fox, L.
Jones, McDonald, Stein, Woolf |
4 | ||||||||||
IGI
|
6/30/2009 | 4 | Elmore, Fox, L.
Jones, Lillie, Postl, Stein |
3 | All
independent directors |
2 | W. Jones,
Lillie, McDonald, Riggs, Woolf |
3 | N/A | |||||||||||
LTEX
|
7/31/2008 | 4 | Ellis, Fenton,
Newman, Sanchez |
6 | All
independent trustees |
1 | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
2 | N/A | |||||||||||
MMF6
|
N/A | N/A | Capen,
Christie, Fuller, Hooper, Mitchell, Upham |
All
independent trustees |
N/A | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
N/A | |||||||||||||
NEF
|
11/30/2008 | 4 | Berenato, Capen, L. Jones, Stone |
6 | All
independent trustees |
1 | Dolan,
Hooper, Woolf |
3 | N/A | |||||||||||
NPF
|
9/30/2008 | 4 | Allison,
Chang, Donatiello, Itoh, Ridgway |
6 | All
independent directors |
1 | Fox,
Kling, McDonald, Ovi |
2 | N/A | |||||||||||
NWF
|
10/31/2008 | 4 | Allison,
Chang, Donatiello, Itoh, Ridgway |
4 | All
independent directors |
1 | Fox,
Kling, McDonald, Ovi |
3 | N/A | |||||||||||
SCWF
|
9/30/2008 | 4 | Berenato, Capen, L. Jones, Stone |
6 | All
independent directors |
1 | Dolan,
Hooper, Woolf |
3 | N/A | |||||||||||
STBF
|
8/31/2008 | 4 | Ellis, Fenton, Newman, Sanchez, Spellings |
4 | All
independent directors |
1 | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A |
Audit Committee | Contracts Committee | Nominating Committee | Proxy Committee | |||||||||||||||||
Fund | Most recent fiscal year end |
Number of Board meetings |
Members | #
of meetings |
Members | #
of meetings |
Members | #
of meetings |
Members | #
of meetings |
||||||||||
STEX7
|
9/30/08 | 4 | Ellis,
Fenton, Newman, Sanchez, Spellings |
4 | All
independent trustees |
1 | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
TEBF
|
8/31/2008 | 4 | Ellis,
Fenton, Newman, Sanchez |
4 | All
independent directors |
1 | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
TEFCA
|
8/31/2008 | 4 | Ellis,
Fenton, Newman, Sanchez |
4 | All
independent trustees |
1 | Capen, Christie,
Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
TEFMD/VA
|
8/31/2008 | 5 | Hooper, Miller, Ortega |
6 | Governance Committee All independent
trustees |
1 | Governance Committee All independent
trustees |
1 | N/A | |||||||||||
WBF
|
9/30/2008 | 5 | Capen,
Christie, Fuller, Hooper, Upham |
4 | All
independent directors |
1 | Capen, Christie, Ellis, Fenton, Fuller, Hooper, Newman, Sanchez, Upham |
1 | N/A | |||||||||||
WGI
|
11/30/2008 | 4 | Christie, Janow, O’Neill, Petersen, Powers, Wolf |
6 | All
independent directors |
1 | Denison, Itoh,
Neale, Upham |
2 | All independent directors |
1 | ||||||||||
WMIF
|
4/30/2009 | 6 | Hooper,
Miller, Ortega |
6 | Governance Committee All
independent
directors |
1 | Governance Committee All
independent
directors |
1 | Franklin, Hooper, Ortega, Steele |
2 |
1 |
The following
current committee members are planning to retire from their respective
board(s) by the end of 2009 pursuant to each Fund’s retirement policy:
Richard G. Capen, Jr. (NEF and SCWF), Claudio X. Gonzalez Laporte (ICA),
Katherine D. Ortega (TEFMD/VA and WMIF) and Patricia K. Woolf (AMBAL,
FI, GFA, IFA, IGI, NEF and SCWF).
|
2 |
The following
current committee members are planning to retire from their respective
board(s) at the end of 2010 pursuant to each Fund’s retirement policy:
Richard G. Capen, Jr. (AFTD and Fixed Income); H. Frederick Christie (CIB
and WGI); Martin Fenton (AMCAP, AMF and ICA); Gail L. Neale (FI and GFA);
Richard G. Newman (AFTD, Fixed Income and ICA); Donald E. Petersen (CIB
and WGI); Rozanne L. Ridgway (EUPAC, NPF and NWF); Henry E. Riggs (AMBAL,
FI, GFA, IFA and IGI); and Charles Wolf, Jr. (CIB and WGI).
|
3 |
Each incumbent
director/trustee attended 75% or more of the meetings of the board and
committees on which he or she served with the exception of AFTD and BFA as
further noted.
|
4 |
AFTD – Lee A. Ault
III was unable to attend one of four board meetings and the sole contracts
committee meeting.
|
5 |
BFA – James G.
Ellis was unable to attend one of five board meetings, the sole contracts
committee meeting and the sole nominating committee meeting.
|
6 |
MMF began
operations on May 1, 2009.
|
7 |
STEX converted to
a short-term tax-exempt bond fund (with a fiscal year end of July 31)
from The Tax-Exempt Money Fund of America (CTEX) on August 7, 2009.
CTEX adopted a July 31 fiscal year end in 2009, changing from its
previous fiscal year end of September 30. Meetings indicated are for
the fund as CTEX.
|
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
AFTD (Fiscal year
end
10/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Lee A. Ault III
|
$10,423 | $142,747 | 2010 Fund $50,001 - $100,000
2020 Fund
Over $100,000
|
Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
James G. Ellis
|
05 | 120,330 | None | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
10,516 | 384,256 | 2040
Fund $10,001 - $50,000 |
Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
9,227 | 336,953 | 2020 Fund $1 - $10,000
|
$50,001 - $100,000 | N/A | Over $100,000 | ||||||
W. Scott Hedrick
|
10,888 | 135,424 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
05 | 215,814 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
3,910 | 199,027 | 2025 Fund $1 - $10,000
|
Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
5,322 | 290,199 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | None | $10,001 - $50,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
05 | 135,152 | None | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
05 | 203,665 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Michael J. Downer
|
None7 | None7 | 2050 Fund $10,001 - $50,000
|
$10,001 - $50,000 | N/A | N/A | ||||||
James B. Lovelace
|
None7 | None7 | 2020 Fund $50,001 - $100,000
|
Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
AHIM (Fiscal year
end
7/31/2008)
|
||||||||||||
“Independent” Directors1
|
||||||||||||
Lee A. Ault III
|
05 | 160,747 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
3,262 | 215,475 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
4,410 | 115,524 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
4,514 | 367,378 | $10,001 - $50,000 | Over $100,000 | $1 - $10,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
3,138 | 330,059 | None | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 118,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
3,187 | 328,338 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 202,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 293,574 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
6,433 | 226,475 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
4,861 | 122,789 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
3,080 | 209,706 | $50,001 - $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Karl J. Zeile
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
AHIT (Fiscal year
end
9/30/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Lee A. Ault III
|
05 | 145,247 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
12,718 | 215,444 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
11,394 | 107,332 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
11,509 | 368,078 | $10,001 - $50,000 | Over $100,000 | $1 - $10,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
11,723 | 327,886 | $10,001 - $50,000 | $50,001 - $100,000 | $1 - $10,000 | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 136,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
11,814 | 330,940 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 213,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 290,199 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
11,209 | 226,037 | $1 - $10,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
12,673 | 120,535 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
12,971 | 198,581 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
David C. Barclay
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
AMBAL (Fiscal year
end 12/31/2008)
|
||||||||||||
“Independent” Directors1
|
||||||||||||
Mary Jane Elmore
|
27,916 | 76,208 | $50,001 - $100,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Robert A. Fox
|
51,576 | 325,625 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Leonade D. Jones
|
74,142 | 380,597 | Over $100,000 | Over $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
William D. Jones
|
24,271 | 179,792 | $10,001 - $50,000 | Over $100,000 | $1 - $10,000 | Over $100,000 | ||||||
John M. Lillie
|
69,583 | 159,319 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
50,334 | 398,667 | $50,001 - $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
James J. Postl
|
73,833 | 122,125 | Over $100,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Henry E. Riggs
|
57,834 | 287,840 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Isaac Stein
|
63,750 | 144,125 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Gregory D. Johnson
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Robert G. O’Donnell
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
AMCAP (Fiscal year
end 2/28/2009)
|
||||||||||||
“Independent” Directors1
|
||||||||||||
Louise H. Bryson
|
05 | 174,375 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
54,125 | 309,666 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
James G. Ellis
|
05 | 176,242 | None | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
46,889 | 426,132 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
05 | 344,402 | $1 - $10,000 | $50,001 - $100,000 | $1 - $10,000 | Over $100,000 | ||||||
William D. Jones
|
58,125 | 216,917 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
L. Daniel Jorndt
|
05 | 113,000 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Mary Myers Kauppila
|
46,875 | 306,175 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
48,928 | 351,500 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
05 | 402,167 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Bailey Morris-Eck
|
47,583 | 190,500 | $1 - $10,000 | $50,001 - $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
Olin C. Robison
|
52,083 | 210,500 | None | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Steven B. Sample
|
52,750 | 105,500 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Timothy D. Armour10
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Claudia P. Huntington
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
AMF (Fiscal year
end 10/31/2008)
|
||||||||||||
“Independent” Directors1
|
||||||||||||
Louise H. Bryson
|
05 | 143,500 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
47,250 | 275,208 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
James G. Ellis
|
05 | 120,330 | None | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
33,639 | 384,256 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
05 | 336,953 | None | $50,001 - $100,000 | $1 - $10,000 | Over $100,000 | ||||||
William D. Jones
|
54,250 | 157,417 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
L. Daniel Jorndt
|
05 | 111,500 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Mary Myers Kauppila
|
44,708 | 290,199 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
44,053 | 330,667 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
05 | 378,667 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Bailey Morris-Eck
|
46,333 | 188,750 | $10,001 - $50,000 | $50,001 - $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
Olin C. Robison
|
46,333 | 204,750 | None | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Steven B. Sample
|
48,500 | 97,500 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
James K. Dunton
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Joyce E. Gordon10
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
BFA (Fiscal year
end 12/31/2008)
|
||||||||||||
“Independent” Directors1
|
||||||||||||
Lee A. Ault III
|
05 | 144,000 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
44,317 | 232,300 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
40,789 | 132,063 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
52,570 | 418,821 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
46,965 | 338,800 | $10,001 - $50,000 | $50,001 - $100,000 | $1 - $10,000 | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 137,000 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
42,036 | 323,142 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 200,500 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 306,500 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
55,036 | 272,800 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
45,797 | 138,652 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
44,366 | 208,218 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Abner D. Goldstine
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
CIB (Fiscal year
end 10/31/2008)
|
||||||||||||
“Independent” Directors1
|
||||||||||||
Joseph C. Berenato
|
41,541 | 303,375 | $10,001 - $50,000 | Over $100,000 | $1 - $10,000 | Over $100,000 | ||||||
H. Frederick Christie
|
37,119 | 446,235 | Over $100,000 | Over $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
Robert J. Denison
|
46,250 | 212,500 | $10,001 - $50,000 | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
05 | 275,208 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
R. Clark Hooper
|
05 | 215,814 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Koichi Itoh
|
48,000 | 194,625 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Merit E. Janow
|
49,125 | 199,027 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Leonade D. Jones
|
05 | 363,972 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Mary Myers Kauppila
|
52,958 | 290,199 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Gail L. Neale
|
47,625 | 206,000 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Robert J. O’Neill
|
56,250 | 126,500 | None | None | N/A | N/A | ||||||
Donald E. Petersen
|
57,500 | 117,000 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Stefanie Powers
|
57,500 | 117,000 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Christopher E. Stone
|
05 | 121,500 | None | $10,001 - $50,000 | N/A | N/A | ||||||
Steadman Upham
|
45,715 | 203,665 | $50,001 - $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Charles Wolf, Jr.
|
58,250 | 120,500 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Joyce E. Gordon10
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
James B. Lovelace
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
EUPAC (Fiscal year
end
3/31/2009)
|
||||||||||||
“Independent” Trustees1
|
||||||||||||
Elisabeth Allison
|
46,333 | 135,000 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Vanessa C.L. Chang
|
48,001 | 140,000 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
Nicholas Donatiello, Jr.
|
13,000 | 40,625 | $10,001 - $50,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Robert A. Fox
|
41,113 | 340,625 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Koichi Itoh
|
39,250 | 210,750 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
40,936 | 367,000 | None | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
35,333 | 417,167 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
William I. Miller
|
55,001 | 163,000 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Alessandro Ovi
|
43,333 | 130,000 | $50,001 - $100,000 | Over $100,000 | $10,001 - $50,000 | $50,001 - $100,000 | ||||||
Rozanne L. Ridgway
|
43,333 | 126,000 | $1 - $10,000 | $50,001 - $100,000 | Over $100,000 | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Gina H. Despres
|
None7 | None7 | $1 - $10,000 | Over $100,000 | N/A | N/A | ||||||
Carl M. Kawaja10
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
FI (Fiscal year
end
12/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Ronald P. Badie
|
22,583 | 67,000 | Over $100,000 | Over $100,000 | $10,001 - $50,000 | $50,001 - $100,000 | ||||||
Joseph C. Berenato
|
53,667 | 310,500 | $10,001 - $50,000 | Over $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
Louise H. Bryson
|
20,604 | 155,500 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Robert J. Denison
|
50,500 | 215,500 | $10,001 - $50,000 | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
05 | 311,666 | $50,001 - 100,000 | Over $100,000 | N/A | N/A | ||||||
Robert A. Fox
|
49,777 | 325,625 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
John G. Freund
|
05 | 112,500 | None | None | N/A | Over $100,000 | ||||||
Leonade D. Jones
|
49,643 | 380,597 | $50,001 - 100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
05 | 349,000 | $50,001 - 100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
44,334 | 398,667 | $50,001 - 100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Gail L. Neale
|
56,375 | 240,500 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Henry E. Riggs
|
75,250 | 287,840 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Christopher E. Stone
|
05 | 126,000 | None | $10,001 - $50,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Dina N. Perry
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
James F. Rothenberg
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
GFA (Fiscal year
end
8/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Ronald P. Badie
|
7,917 | 41,500 | Over $100,000 | Over $100,000 | $50,001 - $100,000 | $50,001 - $100,000 | ||||||
Joseph C. Berenato
|
54,792 | 297,625 | $50,001 - 100,000 | Over $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
Louise H. Bryson
|
5,354 | 124,875 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Robert J. Denison
|
51,625 | 209,500 | $10,001 - $50,000 | $50,001 - 100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
05 | 251,083 | $50,001 - 100,000 | Over $100,000 | N/A | N/A | ||||||
Robert A. Fox
|
50,112 | 294,750 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
John G. Freund
|
05 | 107,500 | None | None | N/A | Over $100,000 | ||||||
Leonade D. Jones
|
50,125 | 354,250 | $50,001 - 100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
05 | 306,250 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
41,875 | 376,167 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Gail L. Neale
|
52,875 | 204,000 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Henry E. Riggs
|
70,125 | 265,396 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Christopher E. Stone
|
05 | 116,833 | None | $10,001 - $50,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Donald D. O’Neal
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
James F. Rothenberg
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
GVT (Fiscal year
end
8/31/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Lee A. Ault III
|
05 | 164,747 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
4,694 | 210,706 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
6,236 | 109,431 | None | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
5,332 | 367,616 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
4,480 | 327,277 | None | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 122,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
4,529 | 322,056 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 202,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 293,574 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
5,985 | 224,667 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
6,768 | 117,198 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
4,792 | 211,837 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Paul G. Haaga, Jr.
|
None7 | None7 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
John H. Smet
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
IBFA (Fiscal year
end 8/31/2008)
|
||||||||||||
“Independent” Trustees1
|
||||||||||||
Lee A. Ault III
|
05 | 164,747 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
5,712 | 210,706 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
7,924 | 109,431 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
6,869 | 367,616 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
5,423 | 327,277 | None | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 122,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
5,472 | 322,056 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 202,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 293,574 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
7,471 | 224,667 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
8,791 | 117,198 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
5,819 | 211,837 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John H. Smet
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
ICA (Fiscal year
end
12/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Louise H. Bryson
|
109,584 | 155,500 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Mary Anne Dolan
|
103,000 | 311,666 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
James G. Ellis
|
11,125 | 132,063 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
101,992 | 418,821 | Over $100,000 | Over $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
108,489 | 338,800 | $10,001 - $50,000 | $50,001 - $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
William D. Jones
|
05 | 179,792 | None | Over $100,000 | N/A | Over $100,000 | ||||||
L. Daniel Jorndt
|
113,000 | 113,000 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Mary Myers Kauppila
|
05 | 306,500 | None | Over $100,000 | N/A | Over $100,000 | ||||||
William H. Kling
|
10,000 | 349,000 | None | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
103,834 | 398,667 | $50,001 - $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Bailey Morris-Eck
|
93,334 | 185,500 | $50,001 - $100,000 | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
Richard G. Newman
|
133,555 | 272,800 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Olin C. Robison
|
109,834 | 210,000 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Steven B. Sample
|
05 | 0 | None | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
James B. Lovelace
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Donald D. O’Neal
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
IFA (Fiscal year
end
7/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Mary Jane Elmore
|
05 | 0 | $50,001 - $100,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Robert A. Fox
|
44,910 | 278,500 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Leonade D. Jones
|
60,375 | 330,750 | Over $100,000 | Over $100,000 | $50,001 - $100,000 | Over $100,000 | ||||||
William D. Jones
|
05 | 112,500 | $10,001 - $50,000 | Over $100,000 | $1 - $10,000 | Over $100,000 | ||||||
John M. Lillie
|
63,500 | 128,750 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
43,875 | 364,500 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
James J. Postl
|
05 | 81,000 | Over $100,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Henry E. Riggs
|
52,125 | 251,750 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Isaac Stein
|
57,000 | 118,250 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Hilda L. Applbaum
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
IGI (Fiscal year
end
6/30/2009) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Mary Jane Elmore
|
30,708 | 115,958 | Over $100,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Robert A. Fox
|
29,287 | 319,625 | Over $100,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Leonade D. Jones
|
43,035 | 369,597 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
William D. Jones
|
34,021 | 215,167 | $10,001 - $50,000 | Over $100,000 | $1 - $10,000 | Over $100,000 | ||||||
John M. Lillie
|
43,235 | 161,569 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
29,499 | 404,167 | $50,001 - $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
James J. Postl
|
35,708 | 133,875 | Over $100,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Henry E. Riggs
|
36,312 | 288,715 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Isaac Stein
|
34,875 | 146,375 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Steven T. Watson
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
LTEX (Fiscal year
end
7/31/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Lee A. Ault III
|
05 | 160,747 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
2,689 | 215,475 | Over $100,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
3,531 | 115,524 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
3,699 | 367,378 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
2,600 | 330,059 | None | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 118,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
2,649 | 328,338 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 202,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 293,574 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
4,796 | 226,475 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
3,985 | 122,789 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
2,504 | 209,706 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Brenda S. Ellerin
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
MMF8 (Fiscal year
end
9/30/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Lee A. Ault III
|
05 | 145,247 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
05 | 215,444 | Over $100,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
05 | 107,332 | None | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
05 | 368,078 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
05 | 327,886 | $10,001 - $50,000 | $50,001 - $100,000 | $1 - $10,000 | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 136,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
05 | 330,940 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 213,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 290,199 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10.000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
05 | 226,037 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
05 | 120,535 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
05 | 198,581 | None | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Abner D. Goldstine
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
NEF (Fiscal year
end
11/30/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Joseph C. Berenato
|
55,042 | 304,000 | $10,001 - $50,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Robert J. Denison
|
05 | 212,250 | $10,001 - $50,000 | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
34,812 | 275,458 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
R. Clark Hooper
|
53,437 | 216,695 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Koichi Itoh
|
05 | 198,500 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Merit E. Janow
|
05 | 199,750 | None | Over $100,000 | N/A | N/A | ||||||
Leonade D. Jones
|
53,518 | 361,000 | $50,001 - $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Mary Myers Kauppila
|
05 | 297,125 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Gail L. Neale
|
05 | 236,250 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Robert J. O’Neill
|
05 | 127,000 | None | None | N/A | N/A | ||||||
Stefanie Powers
|
05 | 117,500 | None | Over $100,000 | N/A | N/A | ||||||
Christopher E. Stone
|
59,500 | 123,500 | $10,001 - $50,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Steadman Upham
|
05 | 204,360 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Timothy D. Armour
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Claudia P. Huntington10
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
NPF (Fiscal year
end
9/30/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Elisabeth Allison
|
42,083 | 122,750 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Vanessa C.L. Chang
|
42,916 | 125,250 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Nicholas Donatiello, Jr.
|
05 | 0 | $10,001 - $50,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Robert A. Fox
|
33,735 | 306,375 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Koichi Itoh
|
32,625 | 193,875 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
32,107 | 314,875 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
32,375 | 382,167 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
William I. Miller
|
42,417 | 127,250 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Alessandro Ovi
|
37,583 | 112,750 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | $50,001 - $100,000 | ||||||
Rozanne L. Ridgway
|
38,584 | 112,250 | $50,001 - $100,000 | $50,001 - $100,000 | Over $100,000 | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Gina H. Despres
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Gregg E. Ireland
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Robert W. Lovelace
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
NWF (Fiscal year
end
10/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Elisabeth Allison
|
38,584 | 122,250 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Vanessa C.L. Chang
|
39,417 | 126,417 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
Nicholas Donatiello, Jr.
|
05 | 0 | $10,001 - $50,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Robert A. Fox
|
31,977 | 310,375 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Koichi Itoh
|
33,125 | 194,625 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
34,179 | 330,667 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
29,332 | 378,667 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
William I. Miller
|
44,416 | 141,084 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Alessandro Ovi
|
37,584 | 112,250 | $50,001 - $100,000 | Over $100,000 | $10,001 - $50,000 | $50,001 - $100,000 | ||||||
Rozanne L. Ridgway
|
35,083 | 111,750 | $10,001 - $50,000 | $50,001 - $100,000 | Over $100,000 | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Gina H. Despres
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Robert W. Lovelace
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
SCWF (Fiscal year
end
9/30/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Ronald P. Badie
|
05 | 59,000 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Joseph C. Berenato
|
54,542 | 300,000 | $10,001 - $50,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Louise H. Bryson
|
05 | 139,000 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Robert J. Denison
|
05 | 212,000 | $10,001 - $50,000 | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
30,021 | 263,333 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Robert A. Fox
|
05 | 306,375 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
John G. Freund
|
54,750 | 109,500 | None | None | Over $100,000 | Over $100,000 | ||||||
Leonade D. Jones
|
53,125 | 359,875 | $50,001 - $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William H. Kling
|
58,482 | 314,875 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
John G. McDonald
|
05 | 382,167 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Christopher E. Stone
|
60,750 | 119,500 | $10,001 - $50,000 | $10,001 - $50,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Gordon Crawford
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Gregory W. Wendt
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
STBF (Fiscal year
end
8/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Lee A. Ault III
|
05 | 164,747 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
1,815 | 210,706 | Over $100,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
2,405 | 109,431 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
2,744 | 367,616 | $50,001 - $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
1,747 | 327,277 | None | $50,001 - $100,000 | $1 - $10,000 | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 122,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
1,796 | 322,056 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 202,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 293,574 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
2,625 | 224,667 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
2,589 | 117,198 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
1,905 | 211,837 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Paul G. Haaga, Jr.
|
None7 | None7 | None | Over $100,000 | N/A | N/A | ||||||
David A. Hoag
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
STEX9 (Fiscal year
end
9/30/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Lee A. Ault III
|
05 | 145,247 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
05 | 215,444 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
05 | 107,332 | None | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
05 | 368,078 | $10,001 - $50,000 | Over $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
Leonard R. Fuller
|
05 | 327,886 | None | $50,001 - $100,000 | $10,001 - $50,000 | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 136,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
05 | 330,940 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 213,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 290,199 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | None | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
05 | 226,037 | $1 - $10,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
05 | 120,535 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
05 | 198,581 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Brenda S. Ellerin
|
None7 | None7 | None | Over $100,000 | N/A | N/A | ||||||
Paul G. Haaga, Jr.
|
None7 | None7 | None | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
TEBF (Fiscal year
end
8/31/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Lee A. Ault III
|
05 | 164,747 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
6,774 | 210,706 | Over $100,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
9,439 | 109,431 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
8,281 | 367,616 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
6,434 | 327,277 | None | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 122,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
6,483 | 322,056 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 202,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 293,574 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
8,848 | 224,667 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
10,529 | 117,198 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
6,890 | 211,837 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Neil L. Langberg
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
TEFCA (Fiscal year
end
8/31/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Lee A. Ault III
|
05 | 164,747 | None | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
2,949 | 210,706 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
3,980 | 109,431 | None | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
3,775 | 367,616 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
2,837 | 327,277 | None | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 122,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
2,886 | 322,056 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 202,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 293,574 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
4,028 | 224,667 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
4,360 | 117,198 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
3,043 | 211,837 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
TEFMD/VA (Fiscal
year end
7/31/2008) |
||||||||||||
“Independent” Trustees1
|
||||||||||||
Nariman Farvardin
|
None5 | 127,300 | None | $10,001 - $50,000 | N/A | $10,001 - $50,000 | ||||||
Barbara Hackman Franklin
|
2,573 | 117,773 | None | Over $100,000 | N/A | N/A | ||||||
R. Clark Hooper
|
5,250 | 328,338 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James C. Miller III
|
9,257 | 136,748 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
Donald L. Nickles
|
None5 | 123,500 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
J. Knox Singleton
|
6,359 | 127,923 | None | $1 - $10,000 | $1 - $10,000 | Over $100,000 | ||||||
“Interested” Trustees6
|
||||||||||||
James H. Lemon, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Jeffrey L. Steele
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
WBF (Fiscal year
end
9/30/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Lee A. Ault III
|
05 | 145,247 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
William H. Baribault
|
05 | 0 | None | None | N/A | N/A | ||||||
Richard G. Capen, Jr.
|
6,652 | 215,444 | None | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
James G. Ellis
|
5,483 | 107,332 | $10,001 - $50,000 | Over $100,000 | N/A | N/A | ||||||
Martin Fenton
|
6,266 | 368,078 | $10,001 - $50,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Leonard R. Fuller
|
6,347 | 327,886 | None | $50,001 - $100,000 | $1 - $10,000 | Over $100,000 | ||||||
W. Scott Hedrick
|
05 | 136,924 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
6,438 | 330,940 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Merit E. Janow
|
05 | 213,652 | None | Over $100,000 | N/A | N/A | ||||||
Mary Myers Kauppila
|
05 | 290,199 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Laurel B. Mitchell
|
05 | 0 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Richard G. Newman
|
5,492 | 226,037 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Frank M. Sanchez
|
6,108 | 120,535 | $1 - $10,000 | $10,001 - $50,000 | N/A | N/A | ||||||
Margaret Spellings
|
05 | 0 | None | None | N/A | N/A | ||||||
Steadman Upham
|
6,869 | 198,581 | None | Over $100,000 | N/A | Over $100,000 | ||||||
“Interested” Directors6
|
||||||||||||
Mark H. Dalzell
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Paul G. Haaga, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
WGI (Fiscal year
end
11/30/2008) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Joseph C. Berenato
|
41,541 | 304,000 | $10,001 - $50,000 | Over $100,000 | $1 - $10,000 | Over $100,000 | ||||||
H. Frederick Christie
|
41,619 | 454,150 | Over $100,000 | Over $100,000 | N/A | Over $100,000 | ||||||
Robert J. Denison
|
48,000 | 212,250 | $10,001 - $50,000 | $50,001 - $100,000 | N/A | Over $100,000 | ||||||
Mary Anne Dolan
|
05 | 275,458 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
R. Clark Hooper
|
05 | 313,873 | $10,001 - $50,000 | Over $100,000 | N/A | $50,001 - $100,000 | ||||||
Koichi Itoh
|
48,000 | 198,500 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Merit E. Janow
|
53,125 | 199,750 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
Leonade D. Jones
|
05 | 361,000 | None | Over $100,000 | N/A | Over $100,000 | ||||||
Mary Myers Kauppila
|
52,958 | 297,125 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Gail L. Neale
|
62,625 | 251,250 | $50,001 - $100,000 | Over $100,000 | N/A | N/A | ||||||
Robert J. O’Neill
|
60,250 | 127,000 | None | None | N/A | N/A | ||||||
Donald E. Petersen
|
59,500 | 117,500 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Stefanie Powers
|
59,500 | 117,500 | None | Over $100,000 | N/A | N/A | ||||||
Christopher E. Stone
|
05 | 123,500 | None | $10,001 - $50,000 | N/A | N/A | ||||||
Steadman Upham
|
47,715 | 204,360 | $50,001 - $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
Charles Wolf, Jr.
|
62,250 | 121,000 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
Mark E. Denning10
|
None7 | None7 | None | None | N/A | N/A | ||||||
Gina H. Despres
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
Name
|
Aggregate compensation (including voluntarily deferred compensation2) from the fund during most recent fiscal year |
Total compensation (including voluntarily deferred compensation2) from all funds managed by Capital Research and Management Company or its affiliates3 during most recent fiscal year |
Dollar range4
of fund shares owned as of June 30, 2009
|
Aggregate dollar range4 of shares owned in all funds in the American Funds family overseen by Director/ Trustee as of June 30, 2009 |
Dollar range4 of Independent directors deferred compensation2 allocated to the fund as of June 30, 2009 |
Aggregate dollar range4 of Independent directors deferred compensation2 allocated to all funds within American Funds overseen by director as of June 30, 2009 |
||||||
WMIF (Fiscal year
end
4/30/2009) |
||||||||||||
“Independent” Directors1
|
||||||||||||
Nariman Farvardin
|
127,300 | 127,300 | $10,001 - $50,000 | $10,001 - $50,000 | $10,001 - $50,000 | $10,001 - $50,000 | ||||||
Barbara Hackman Franklin
|
137,502 | 143,998 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Mary Davis Holt
|
05 | 0 | None | None | N/A | N/A | ||||||
R. Clark Hooper
|
146,057 | 383,423 | $10,001 - $50,000 | Over $100,000 | $50,001 - $100,000 | $50,001 - $100,000 | ||||||
James C. Miller III
|
148,364 | 159,248 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Donald L. Nickles
|
123,500 | 123,500 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | ||||||
William J. Shaw
|
34,032 | 34,032 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
J. Knox Singleton
|
146,852 | 157,323 | $1 - $10,000 | $1 - $10,000 | $50,001 - $100,000 | Over $100,000 | ||||||
Lydia W. Thomas
|
05 | 0 | None | None | N/A | N/A | ||||||
“Interested” Directors6
|
||||||||||||
James H. Lemon, Jr.
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Harry J. Lister
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A | ||||||
Jeffrey L. Steele
|
None7 | None7 | Over $100,000 | Over $100,000 | N/A | N/A |
1 |
An “Independent”
director/trustee refers to a director/trustee who is not an “interested
person” within the meaning of the 1940 Act.
|
2 |
Amounts may be
deferred by eligible directors/trustees under a non-qualified deferred
compensation plan adopted by the fund in 1993. Deferred amounts accumulate
at an earnings rate determined by the total return of one or more funds in
the American Funds as designated by the directors. Compensation shown in
this table for the most recent fiscal year does not include earnings on
amounts deferred in previous fiscal years.
|
3 |
Funds managed by
Capital Research and Management Company, including the American Funds;
American Funds Insurance Series,® which is composed
of 16 funds and serves as the underlying investment vehicle for certain
variable insurance contracts; American Funds Target Date Retirement
Series,® Inc.,
which is composed of nine funds and is available through tax-deferred
retirement plans and IRAs; and Endowments, which is composed of two
portfolios and is available to certain nonprofit organizations.
|
4 |
Ownership
disclosure is made using the following ranges: None;
$1 - $10,000; $10,001 - $50,000;
$50,001 - $100,000 and Over $100,000. The amounts listed for
“interested” directors/trustees include shares owned through the Capital
Group Companies, Inc. retirement plan and 401(k) plan.
|
5 |
Nominee of the
fund who was not an independent director/trustee of the Fund at the close
of the most recent fiscal year end period; therefore, the nominee did not
receive any compensation from the fund during its most recent fiscal year.
|
6 |
An “interested”
director/trustee refers to a director/trustee who is an “interested
person” of the fund within the meaning of the 1940 Act on the basis of
their affiliation with the fund’s investment adviser, Capital Research and
Management Company, or affiliated entities (including the fund’s principal
underwriter), or with the fund’s business manager, Washington Management
Corporation, in the cases of TEFMD/VA and WMIF.
|
7 |
No compensation is
paid by the fund to any director/trustee who is affiliated with the
investment adviser.
|
8 |
Includes
June 30, 2009 compensation and values of fund shares owned from The
Cash Management Trust of America and/or The U.S. Treasury Money Fund of
America, which merged into the American Funds Money Market Fund effective
July 10, 2009.
|
9 |
The Tax-Exempt
Money Fund of America converted from a money market fund into the American
Funds Short-Term Tax-Exempt Bond Fund effective August 7, 2009.
|
10 |
Nominee of the
fund who is not currently an interested director/trustee.
|
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Hilda L. Applbaum
48
|
Senior Vice President – Capital World Investors, Capital Research and Management Company | IFA (1998) | AMBAL (1999) | |||||||||||
Timothy D. Armour
49
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; President and Director – Capital Research and Management Company; Director, The Capital Group Companies, Inc.1 | NEF (1991) | AMCAP (1996) | |||||||||||
David C. Barclay
52
|
Senior Vice President – Fixed Income, Capital Research and Management Company; Director – The Capital Group Companies, Inc.1 | AHIT (1995) IFA (1998) | BFA (1997) | |||||||||||
Stephen E. Bepler
66
|
Senior Vice President – Capital Research Global Investors, Capital Research Company1 | WGI (1993) | EUPAC (1984) | |||||||||||
Alan N. Berro
48
|
Senior Vice President – Capital World Investors, Capital Research and Management Company | AFTD (2007) | ||||||||||||
Jennifer M. Buchheim
35
|
Vice President – Fund Business Management Group, Capital Research and Management Company | AMBAL (2005) IFA (2005) IGI (2008) | ||||||||||||
Brian D. Bullard
39
|
Senior Vice President – Fund Business Management Group, Capital Research and Management Company; former Chief Accountant – Division of Investment Management, United States Securities and Exchange Commission | AFTD (2008) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Jennifer L. Butler
43
|
Vice President and Assistant Secretary – Washington Management Corporation; former Specialist – Fund Administration, Pacific Investment Management Company | WMIF (2005) | ||||||||||||
Teresa S. Cook
56
|
Senior Vice President – Fixed Income, Capital Research and Management Company | MMF (2009) | ||||||||||||
Vincent P. Corti
53
|
Vice President – Fund Business Management Group, Capital Research and Management Company | AMCAP (1998) AMF (1994) CIB (1987) EUPAC (1984) ICA (1994) NPF (1984) NWF (1999) WGI (1993) | ||||||||||||
Gordon Crawford
62
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director – The Capital Group Companies, Inc.1 | SCWF (1992) | GFA (1992) NEF (1999) | |||||||||||
Mark H. Dalzell
54
|
Senior Vice President – Fixed Income, Capital Research and Management Company; Vice President – Capital International Limited1 | WBF (1998) | ||||||||||||
Mark E. Denning
51
|
Senior Vice President – Capital Research Global Investors, Capital Research Company1; Director – Capital Research and Management Company; Director – Capital International Limited1 |
EUPAC (1994)
WGI (1993)
|
NEF (2006) NWF (1999) | |||||||||||
Gina H. Despres
67
|
Senior Vice President – Capital Research and Management Company; Senior Vice President – Capital Strategy Research, Inc.1 | EUPAC (1999) NPF (1991) NWF (1999) WGI (1999) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Michael J. Downer
54
|
Senior Vice President, Secretary and Coordinator of Legal and Compliance – Capital Research and Management Company; Director – American Funds Distributors, Inc.1; Chairman of the Board – Capital Bank and Trust Company 1 | AFTD (2006) | ||||||||||||
James K. Dunton
71
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director – Capital Research and Management Company | AMF (1984) | ||||||||||||
Brenda S. Ellerin
45
|
Senior Vice President – Fixed Income, Capital Research and Management Company |
LTEX (1997)
STEX (2009)
|
TEBF (1999) | |||||||||||
Brady L. Enright
42
|
Senior Vice President – Capital World Investors, Capital Research and Management Company | SCWF (2004) | ||||||||||||
J. Blair Frank
43
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company | SCWF (1999) | ||||||||||||
Abner D. Goldstine
79
|
Senior Vice President – Fixed Income, Capital Research and Management Company; Director – Capital Research and Management Company | AHIM (1994) AHIT (1987) GVT (1985) IBFA (1987) LTEX (1993) STBF (2006) TEBF (1979) WBF (1987) | BFA (1974) TEFCA (1986) | IFA (1993) | ||||||||||
Joyce E. Gordon
52
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director– Capital Research and Management Company | AMF (2005) CIB (1996) | AFTD (2007) ICA (1998) | |||||||||||
Nicholas J. Grace
43
|
Senior Vice President – Capital World Investors, Capital Research Company1 | AFTD (2007) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Karl C. Grauman
41
|
Vice President – Fund Business Management Group, Capital Research and Management Company | AMCAP (2006) AMF (2006) | ||||||||||||
M. Susan Gupton
36
|
Vice President – Fund Business Management Group, Capital Research and Management Company |
AHIM (2008) LTEX (2008)
STEX (2009) TEBF (2008) TEFCA (2008) WBF
(2008)
|
||||||||||||
Paul G. Haaga, Jr.
60
|
Vice Chairman of the Board – Capital Research and Management Company; Senior Vice President – Fixed Income, Capital Research and Management Company |
AHIM (1994) AHIT (1987) BFA (1985) GVT
(1985) IBFA (1987) LTEX (1993) MMF (2009) STBF (2006)
STEX (2009)
TEBF (1986) TEFCA (1986) WBF
(1987)
|
FI (1994) GFA (1994) ICA (2007) | |||||||||||
Catherine L. Heron
62
|
Senior Vice President and Senior Counsel – Fund Business Management Group, Capital Research and Management Company; Senior Vice President and General Counsel, Capital Bank and Trust Company1; Director – Capital Guardian Trust Company1 | AFTD (2007) | ||||||||||||
Jennifer L. Hinman
50
|
Senior Vice President – Fixed Income, Capital Research Company1; Director – Capital International Research, Inc.1; Director – Capital Research Company1 | AHIT (2001) | ||||||||||||
David A. Hoag
43
|
Senior Vice President – Fixed Income, Capital Research and Management Company | STBF (2006) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Claudia P. Huntington
57
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director – The Capital Group Companies, Inc.1 | AMCAP (1992) | NEF (1996) | |||||||||||
Gregg E. Ireland
59
|
Senior Vice President – Capital World Investors, Capital Research and Management Company | GFA (2008) NPF (1991) | ||||||||||||
Gregory D. Johnson
46
|
Senior Vice President – Capital World Investors, Capital Research and Management Company | AMBAL (2003) | ||||||||||||
Carl M. Kawaja
45
|
Senior Vice President – Capital World Investors, Capital Research and Management Company; Director – Capital Research and Management Company; Director – Capital International, Inc.1; Director – Capital International Asset Management (Canada), Inc.1 | EUPAC (2003) IGI (2008) | ||||||||||||
Michael T. Kerr
49
|
Senior Vice President – Capital World Investors, Capital Research and Management Company; Director – Capital Research and Management Company | FI (1995) GFA (1998) | ||||||||||||
Jonathan Knowles
48
|
Senior Vice President – Capital World Investors, Capital Research Company1 | SCWF (2000) | ||||||||||||
Steven I. Koszalka
45
|
Vice President – Fund Business Management Group, Capital Research and Management Company | AFTD (2006) | ||||||||||||
Neil L. Langberg
56
|
Senior Vice President – Fixed Income, Capital Research and Management Company | TEBF (1985) |
AHIM (1994) LTEX (1993) STEX
(2009)
TEFCA (1986)
|
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
James H. Lemon, Jr.
73
|
Chairman of the Board and CEO – The Johnston-Lemon Group, Incorporated (financial services holding company) |
TEFMD/VA (1986)
WMIF (1971)
|
||||||||||||
James B. Lovelace
53
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director – The Capital Group Companies, Inc.1 | AFTD (2007) CIB (1992) | ICA (1994) | AMF (2006) | ||||||||||
Robert W. Lovelace
46
|
Senior Vice President – Capital World Investors, Capital Research and Management Company; Executive Vice President and Director – Capital Research and Management Company | NPF (2001) NWF (1999) | EUPAC (1996) | |||||||||||
Mark R. Macdonald
50
|
Senior Vice President – Fixed Income, Capital Research and Management Company; Director – Capital Research and Management Company | CIB (2001) | BFA (2001) STBF (2006) | |||||||||||
Louise M. Moriarty
49
|
Vice President – Fixed Income, Capital Research Company1 | MMF (2009) | ||||||||||||
James R. Mulally
57
|
Senior Vice President – Fixed Income, Capital Research and Management Company; Senior Vice President – Capital International Limited1 | AMBAL (2009) | ||||||||||||
Bryan K. Nielsen
36
|
Vice President – Capital Guardian Trust Company1; Vice President – Capital International, Inc.1 | EUPAC (2008) NPF (2008) NWF (2008) | ||||||||||||
Kristine M. Nishiyama
39
|
Vice President and Senior Counsel – Fund Business Management Group, Capital Research and Management Company; Vice President and Counsel – Capital Bank and Trust Company1 | MMF (2009) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Chad L. Norton
49
|
Vice President – Fund Business Management Group, Capital Research and Management Company | NEF (1991) SCWF (1990) | ||||||||||||
Robert G. O’Donnell
65
|
Senior Vice President – Capital World Investors, Capital Research and Management Company; Director – Capital Research and Management Company | AMBAL (1990) | ||||||||||||
Donald D. O’Neal
49
|
Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director – The Capital Group Companies, Inc.1 | GFA (1995) | ICA (1994) | |||||||||||
Dina N. Perry
63
|
Senior Vice President – Capital World Investors, Capital Research and Management Company; Director – Capital Research and Management Company | FI (1994) | IFA (1994) | |||||||||||
Stephanie L. Pfromer
41
|
Vice President and General Counsel – Washington Management Corporation; former Vice President and Senior Counsel – The BISYS Group, Inc. (now Citigroup, Inc.) | TEFMD/VA (2007) | ||||||||||||
Patrick F. Quan
51
|
Vice President – Fund Business Management Group, Capital Research and Management Company | AMBAL (1986) FI (1989) GFA (1986) IFA (1986) IGI (2008) | ||||||||||||
Jeffrey P. Regal
37
|
Vice President – Fund Business Management Group, Capital Research and Management Company | CIB (2001) FI (2006) GFA (2006) WGI (2003) | ||||||||||||
Martin A. Romo
41
|
Senior Vice President – Capital World Investors, Capital Research Company1; Director and Co-President – Capital Research Company1; Director – The Capital Group Companies, Inc.1 | FI (1999) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
James F. Rothenberg
63
|
Chairman of the Board – Capital Research and Management Company; Director and Non-Executive Chairman – American Funds Distributors, Inc.1; Director and Non-Executive Chairman – The Capital Group Companies, Inc.1 | FI (1998) GFA (1997) | ||||||||||||
Paul F. Roye
55
|
Senior Vice President – Fund Business Management Group, Capital Research and Management Company; Director – American Funds Service Company1; former Director of Investment Management – United States Securities and Exchange Commission | IGI (2008) NEF (2007) SCWF (2007) | AMBAL (2007) AMCAP (2007) AMF (2007) IFA (2007) | |||||||||||
John H. Smet
52
|
Senior Vice President – Fixed Income, Capital Research and Management Company; Director – American Funds Distributors, Inc.1 | GVT (1993) IBFA (1993) | BFA (1994) |
AFTD (2007)
AMBAL (2000)
|
||||||||||
Carmelo Spinella
46
|
Principal Financial Officer – Capital Research and Management Company; Director – American Funds Service Company1 ; Director – Capital Bank and Trust Company1 | ICA (2006) | ||||||||||||
Jeffrey L. Steele
64
|
President and Director – Washington Management Corporation |
TEFMD/VA (2002)
WMIF (2000)
|
||||||||||||
Michael W. Stockton
42
|
Director, Senior Vice President, Secretary and Treasurer – Washington Management Corporation |
TEFMD/VA (1996)
WMIF (1995)
|
||||||||||||
Andrew B. Suzman
42
|
Senior Vice President – Capital World Investors, Capital Research Company1 | IFA (2004) IGI (2008) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Michael J. Thawley
59
|
Senior Vice President – Capital Research and Management Company; Senior Vice President – Capital Strategy Research, Inc.1; former Australian Ambassador to the United States | CIB (2007) EUPAC (2008) NPF (2008) NWF (2008) WGI (2007) | ||||||||||||
Susan M. Tolson
47
|
Senior Vice President – Fixed Income, Capital Research and Management Company | AHIT (1997) | ||||||||||||
Kimberly S. Verdick
44
|
Vice President – Fund Business Management Group, Capital Research and Management Company |
AHIM (1994) AHIT (1994) BFA (1994)
GVT (1994) IBFA (1994) LTEX (1994) MMF (2009) STBF (2006)
STEX (2009)
TEBF (1994) TEFCA (1994) WBF
(1994)
|
||||||||||||
Ari M. Vinocor
34
|
Vice President – Fund Business Management Group, Capital Research and Management Company | AHIT (2007) BFA (2007) GVT (2007) IBFA (2007) MMF (2009) STBF (2006) | ||||||||||||
Bradley J. Vogt
44
|
Senior Vice President – Capital Research Global Investors, Capital Research Company1; Director – American Funds Distributors, Inc.1; Director – The Capital Group Companies, Inc.1; Director – Capital Group Research, Inc.1; Director – Capital International Research, Inc.1; Chairman of the Board – Capital Research Company1 | GFA (1999) |
Name and Age | Principal occupation(s)
during past five years and positions held with affiliated entities or the Principal Underwriter of the Fund |
Current officer position with fund (first year elected an officer) | ||||||||||||
Vice Chair | President | Executive Vice President |
Senior Vice President |
Treasurer | Secretary | |||||||||
Catherine M. Ward
62
|
Senior Vice President and Director – Capital Research and Management Company; Director – American Funds Service Company1; Chairman of the Board President and Director – Capital Group Research, Inc.1 | NPF (1991) | ||||||||||||
Steven T. Watson
54
|
Senior Vice President – Capital World Investors, Capital Research Company1; Director – Capital Research Company1 Director – The Capital Group Companies, Inc.1 | IGI (2008) | ||||||||||||
Neal F. Wellons
38
|
Vice President – Fund Business Management Group, Capital Research and Management Company | NEF (2008) SCWF (2008) | ||||||||||||
Gregory W. Wendt
47
|
Senior Vice President – Capital Research Global Investors, Capital Research Company1; Director – Capital Research and Management Company; Director – American Funds Distributors, Inc.1; Director – Capital Management Services, Inc. 1 | SCWF (1992) | ||||||||||||
Karl J. Zeile
42
|
Senior Vice President – Fixed Income, Capital Research and Management Company | AHIM (2008) |
1 |
Company affiliated
with Capital Research and Management Company.
|
Name and age | Year first elected |
Principal occupation(s) during past five years | Number of boards1 which Advisory Board member serves |
Other directorships2 held | ||||
Thomas M. Crosby, Jr.
70
|
1995 | Former Partner, Faegre & Benson (law firm) | 0 | None | ||||
Daniel R. Fung
56
|
2008 | Chairman of the Board, Des Voeux Chambers (law firm) | 0 | None | ||||
Ellen H. Goldberg, Ph.D.
64
|
1998 | Consultant; Professor Emeritus, University of New Mexico; former President, Santa Fe Institute | 0 | None | ||||
William H. Kling
67
|
1985 | President and CEO, American Public Media Group | 9 | Irwin Financial Corporation | ||||
John C. Mazziotta, M.D.
60
|
2007 | Chair, Department of Neurology, University of California at Los Angeles; Associate Director, Semel Institute, UCLA; Director, Brain Mapping Center, UCLA | 0 | None | ||||
Robert J. O’Neill, Ph.D.
72
|
1988 | Chairman, Academic Advisory Committee, United States Studies Centre, University of Sydney; Chairman of Directors, Forty Seven Friends Pty Ltd (a not-for-profit supporting a local art and craft centre in Australia); former Planning Director and Acting Chief Executive Officer of the United States Studies Centre, University of Sydney; former Deputy Chairman of the Council and Chairman of the International Advisory Panel, Graduate School of Government, University of Sydney, Australia; Member of the Board of Directors, The Lowy Institute for International Policy Studies, Sydney, Australia; former Chairman of the Council, Australian Strategic Policy Institute; former Chichele Professor of the History of War and Fellow, All Souls College, University of Oxford; former Chairman of the Council, International Institute for Strategic Studies | 3 | None | ||||
Norman R. Weldon, Ph.D.
75
|
1977 | Managing Director, Partisan Management Group, Inc. (venture capital investor in medical device companies); former Chairman of the Board, AtriCure, Inc.; former Chairman of the Board, Novoste Corporation | 0 | None |
1 |
Funds managed by
Capital Research and Management Company, including the American Funds®; American
Funds Insurance Series®, which is
comprised of 16 funds and serves as the underlying investment vehicle for
certain variable insurance contracts; American Funds Target Date
Retirement Series,SM Inc., which is composed of nine funds and is
available to investors in tax-deferred retirement plans and IRAs; and
Endowments, which is composed of two funds and is available to certain
nonprofit organizations.
|
2 |
This includes all
directorships (other than those of the American Funds or other funds
managed by Capital Research and Management Company) that are held by each
advisory board member as a director of a public company or registered
investment company.
|
Name and age | Year first elected1 |
Principal occupation(s) during past five years | Number of boards2 which Advisory Board member serves |
Other directorships3 held | ||||
Mary K. Bush
61
|
1995 | President, Bush International, LLC (international financial advisory services) | 0 | Briggs & Stratton; Discover Financial Services; ManTech International Corporation; Pioneer Funds; UAL Corporation | ||||
Louise M. Cromwell
64
|
2001 | Retired Partner, Shaw Pittman (law firm) | 0 | None | ||||
Jeffrey A. Eisenach
51
|
2008 | Chairman and Managing Partner, Empiris LLC; Chairman, Criterion Economics, LLC (economic litigation, regulation and legislation consulting); former Chairman and President, The CapAnalysis Group, LLC (economic, financial and regulatory consulting) | 0 | None | ||||
Linda D. Rabitt
60
|
2001 | Chairman and Chief Executive Officer, Rand Construction Corporation | 0 | Brookfield Properties Corporation; Watson Wyatt & Company Holdings | ||||
Robert G. Templin, Jr.
61
|
2008 | President, Northern Virginia Community College | 0 | None | ||||
R. Clark Wadlow
62
|
2005 | Senior Counsel, Sidley Austin LLP (law firm) | 0 | None |
1 |
Advisory board
members for WMIF serve until their resignation, removal or retirement.
|
2 |
Funds managed by
Capital Research and Management Company, including the American Funds®; American
Funds Insurance Series®, which is
comprised of 16 funds and serves as the underlying investment vehicle for
certain variable insurance contracts; American Funds Target Date
Retirement Series,SM Inc., which is composed of nine funds and is
available to investors in tax-deferred retirement plans and IRAs; and
Endowments, which is composed of two funds and is available to certain
nonprofit organizations.
|
3 |
This includes all
directorships (other than those of the American Funds or other funds
managed by Capital Research and Management Company) that are held by each
advisory board member as a director of a public company or registered
investment company.
|
1. | Borrowing. The fund may not borrow money except as permitted by (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction. |
2. | Senior Securities. The fund may not issue senior securities except as permitted by (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction. |
3. | Underwriting. The fund may not underwrite the securities of other issuers except as permitted by (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction. |
4. | Real Estate or Commodities. The fund may not purchase or sell real estate or commodities except as permitted by (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction. |
5. | Lending. The fund may not make loans except as permitted by (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction. |
6. | Concentration. Except as permitted by (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction, the fund may not purchase the securities of any issuer if, as a result of such purchase, the fund’s investments would be concentrated in any particular industry. |
7. | Tax-Exempt Status (for tax-exempt funds only). The Fund will maintain its status as a tax-exempt fund consistent with (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction. |
8. | Maintaining a Fully Invested Portfolio (for WMIF only). The fund may not invest more than 5% of net assets in money market instruments, after allowing for sales of portfolio securities and fund shares within thirty days and the accumulation of cash balances representing undistributed net investment income and realized capital gains, in order to maintain a fully invested portfolio. |
Current | Proposed | |
Each fund in the series may
not:
|
||
Act as underwriter of securities issued
by other persons.
|
Replace with policy 3 above. | |
Borrow money in excess of 33 1/3% of the value of its total assets (not including the amount
borrowed).
|
Replace with policy 1 above. | |
Buy or sell real estate in the ordinary course of business;
however, the fund may invest in securities secured by real estate or
interests therein or issued by companies, including real estate investment
trusts, which invest in real estate or interests therein.
|
Replace with policy 4 above. | |
Purchase or deal in commodities or commodity contracts in the
ordinary course of its business; provided, however, that this restriction
shall not prohibit the fund from purchasing, selling or holding foreign
currencies or entering into forward foreign currency
contracts.
|
Replace with policy 4 above. | |
Lend any security or make any other loan if, as a result, more than
15% of its total assets would be lent to third parties, but this
limitation does not apply to purchases of debt securities or to repurchase
agreements.
|
Replace with policy 5 above. | |
Purchase securities of any company for the purpose of exercising
control or management.
|
Remains the same. | |
Purchase any securities of any issuer, except the U.S. government
(or its instrumentalities) or securities issued by investment companies,
if immediately after and as a result of such investment (1) the
market value of the securities of such other issuer shall exceed 5% of the
market value of the total assets of the fund, or (2) the fund shall
own more than 10% of the outstanding voting securities of such issuer,
provided that this restriction shall apply only as to 75% of the fund’s
total assets.
|
Eliminate | |
Purchase any securities (other than securities issued or guaranteed
by the U.S. government or its agencies or instrumentalities or securities
issued by investment companies) if immediately after and as a result of
such purchase 25% or more of the market value of the total assets of the
fund would be invested in securities of companies in any one industry.
(None of the underlying funds has a policy to concentrate in any one
industry.)
|
Replace with policy 6 above. | |
Issue senior securities except as permitted by the 1940 Act, as
amended, or any rule thereunder, any SEC or SEC staff interpretation
thereof or any exemptions therefrom, which may be granted by the
SEC.
|
Replace with policy 2 above. |
Current | Proposed | |
The fund may not:
|
||
With respect to 75% of the fund’s total assets, purchase the
security of any issuer (other than securities issued or guaranteed by the
U.S. government or its agencies or instrumentalities) if, as a result,
(a) more than 5% of the fund’s total assets would be invested in
securities of that issuer, or (b) the fund would hold more than 10%
of the outstanding voting securities of that issuer.
|
Eliminate | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. |
Current | Proposed | |
Purchase or sell real estate (including real estate limited
partnerships) unless acquired as a result of ownership of securities or
other instruments (but this shall not prevent the fund from investing in
securities or other instruments backed by real estate or securities of
companies engaged in the real estate business).
|
Replace with policy 4 above. | |
Purchase or sell commodities unless acquired as a result of
ownership of securities or other instruments or engage in futures
transactions.
|
Replace with policy 4 above. | |
Engage in the business of underwriting securities of other issuers,
except to the extent that the purchase or disposal of an investment
position may technically constitute the fund as an underwriter as that
term is defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Make loans in an aggregate amount in excess of 33 1/3% of the value of the fund’s total assets, taken at the time any
loan is made, provided that the purchase of debt securities pursuant to
the fund’s investment objective and entering into repurchase agreements
maturing in seven days or less shall not be deemed loans for the purposes
of this restriction and that loans of portfolio securities may be
made.
|
Replace with policy 5 above. | |
Issue senior securities, except as permitted under the Investment
Company Act of 1940.
|
Replace with policy 2 above. | |
Borrow money, except from banks for temporary or emergency purposes
not to exceed one-third of the value of the fund’s total assets. Moreover,
in the event that the asset coverage for the fund’s borrowings falls below
300%, the fund will reduce, within three days (excluding Sundays and
holidays), the amount of its borrowings in order to provide for 300% asset
coverage.
|
Replace with policy 1 above. | |
Purchase or sell puts, calls, straddles, or spreads, or
combinations thereof (this restriction does not prevent the fund from
investing in securities with put and call features).
|
Eliminate | |
Invest 25% or more of its assets in municipal securities of the
same project type issued by non-governmental entities. However, the fund
may invest more than 25% of its assets in municipal obligations of issuers
located in the same state or in municipal obligations of the same type,
including without limitation the following: general obligations of states
and localities; lease rental obligations of state and local authorities;
obligations of state and local housing finance authorities, municipal
utilities systems or public housing authorities; or industrial development
or pollution control bonds issued for hospitals, electric utility systems,
life care facilities or other purposes. As a result, the fund may be more
susceptible to adverse economic, political, or regulatory occurrences
affecting a particular category of issuers. As the concentration in the
securities of a particular category of issuer increases, the potential for
fluctuation in the value of the fund’s shares also increases.
|
Replace with policy 6 above. | |
Sell securities short, except to the
extent that the fund contemporaneously owns, or has the right to acquire
at no additional cost, securities identical to those sold
short.
|
Eliminate | |
The fund will normally invest at least
80% of its assets in securities the income from which is exempt from
federal income tax. For this purpose, securities subject to federal
alternative minimum tax are considered tax-exempt securities. In the
alternative, the fund will invest its assets so that at least 80% of the
income that the fund distributes is exempt from federal income
tax.
|
Replace with policy 7 above. |
Current | Proposed | |
The fund may not:
|
||
Purchase any security (other than
securities issued or guaranteed by the U.S. government or its agencies or
instrumentalities) if immediately after and as a result of such
investment, more than 5% of the fund’s total assets would be invested in
securities of the issuer.
|
Eliminate | |
Invest 25% or more of the value of its
total assets in the securities of issuers conducting their principal
business activities in the same industry.
|
Replace with policy 6 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Buy or sell real estate or commodities
or commodity contracts; however, the fund may invest in debt securities
secured by real estate or interests therein or issued by companies which
invest in real estate or interests therein, including real estate
investment trusts, and may purchase or sell currencies (including forward
currency contracts).
|
Replace with policy 4 above. | |
Acquire illiquid securities, if,
immediately after and as a result, the value of illiquid securities held
by the fund would exceed, in the aggregate, 15% of the fund’s net
assets.
|
Eliminate | |
Engage in the business of underwriting
securities of other issuers, except to the extent that the disposal of an
investment position may technically cause it to be considered an
underwriter as that term is defined under the Securities Act of
1933.
|
Replace with policy 3 above. | |
Lend any security or make any other loan
if, as a result, more than 15% of its total assets would be lent to third
parties, but this limitation does not apply to purchases of debt
securities or to repurchase agreements.
|
Replace with policy 5 above. | |
Sell securities short, except to the
extent that the fund contemporaneously owns or has the right to acquire at
no additional cost securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin, provided
that the fund may obtain such short-term credits as may be necessary for
the clearance of purchases and sales of securities.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency purposes
not in excess of 5% of the value of the fund’s total assets. The fund will
not purchase securities while such borrowings are outstanding. This
restriction shall not prevent the fund from entering into reverse
repurchase agreements or “roll” transactions, provided that these
transactions and any other transactions constituting borrowing by the fund
may not exceed one-third of the fund’s total assets. In the event that the
asset coverage for the fund’s borrowings falls below 300%, the fund will
reduce, within three days (excluding Sundays and holidays), the amount of
its borrowings in order to provide for 300% asset coverage.
|
Replace with policy 1 above. | |
Write, purchase or sell put options, call options or combinations
thereof, except that this shall not prevent the purchase of put or call
options on currencies or U.S. government securities.
|
Eliminate |
Current | Proposed | |
To invest in a diversified list of securities, including common
stocks, preferred stocks, and bonds, to the extent considered advisable by
management.
|
Eliminate |
Current | Proposed | |
To allocate its investments among different industries as well as
among individual companies. The amount invested in an industry will vary
from time to time in accordance with the judgment of management, but 25%
or more of the value of the fund’s total assets shall not be invested in
securities of issuers in any one industry (other than securities issued or
guaranteed by the U.S. government or its agencies or
instrumentalities).
|
Replace with policy 6 above. | |
Not to invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Not to invest more than 5% of the value of its total assets in the
securities of any one issuer (except the U.S. government).
|
Eliminate | |
Not to acquire more than 10% of the outstanding voting securities,
or 10% of all of the securities, of any one issuer.
|
Eliminate | |
Not to borrow money except for temporarily extraordinary or
emergency purposes, in an amount not exceeding 5% of the fund’s total
assets at the time of borrowing.
|
Replace with policy 1 above. | |
Not to underwrite the sale, or participate in any underwriting or
selling group in connection with the public distribution, of any security.
The fund may invest not more than 10% of its net assets in, and
subsequently distribute, as permitted by law, securities and other assets
for which there is no ready market.
|
Replace with policy 3 above. | |
Not to purchase securities on margin (except that it may obtain
such short-term credits as may be necessary for the clearance of purchases
or sales of securities).
|
Eliminate | |
Not to engage in the purchase or sale of real estate. Investments
in real estate investment trusts which may invest only in mortgages or
other security interests are not deemed purchases of real
estate.
|
Replace with policy 4 above. | |
Not to purchase or sell commodities or
commodity contracts.
|
Replace with policy 4 above. | |
Not to make loans of money or securities to any person or firm;
provided, however, that the acquisition for investment of bonds,
debentures, notes or other evidences of indebtedness of any corporation or
government shall not be construed to be the making of a loan.
|
Replace with policy 5 above. | |
Not to effect short sales of securities.
|
Eliminate | |
Not to invest more than 75% of the value of the fund’s net assets
in common stocks, such percentage including the value of that portion of
convertible securities attributable to the conversion
feature.
|
Eliminate | |
Not to write, purchase or sell options.
|
Eliminate |
Current | Proposed | |
The fund may not invest in:
|
||
(a) real estate (although it has not been the practice of the fund
to make such investments, the fund may invest in the securities of real
estate investment trusts);
|
Replace with policy 4 above. | |
(b) commodities or commodity contracts;
|
Replace with policy 4 above. | |
(c) companies for the purpose of exercising control or
management;
|
Remains the same. | |
(d) the securities of companies which, with their predecessors,
have a record of less than three years’ continuing operation, if such
purchase at the time thereof would cause more than 5% of the value of the
fund’s total assets to be invested in the securities of such
companies;
|
Eliminate |
Current | Proposed | |
(e) securities which would subject the fund to unlimited liability
(such as assessable shares or partnership interests);
|
Eliminate | |
(f) any securities of another issuer if immediately after and as a
result of such purchase (1) the market value of the securities of
such other issuer shall exceed 5% of the market value of the total assets
of the fund or (2) the fund shall own more than 10% of any class of
securities or of the outstanding voting securities of such issuer;
or
|
Eliminate | |
(g) any securities if immediately after and as a result of such
purchase more than 25% of the market value of the total assets of the fund
are invested in securities of companies in any one industry.
|
Replace with policy 6 above. | |
The fund may not engage in short sales or margin
purchases.
|
Eliminate | |
The fund may not lend money or securities. The making of deposits
with banks and the purchase of a portion of the issue of bonds,
debentures, or other debt securities which are publicly distributed or of
a type generally purchased by institutional investors, are not regarded as
loans.
|
Replace with policy 5 above. | |
The fund may not invest more than 10% of the value of its total
assets in securities that are illiquid,
|
Eliminate | |
nor may it engage in the business of underwriting securities of
other issuers.
|
Replace with policy 3 above. | |
The fund may not borrow in excess of 10% of its total assets taken
at cost or pledge its assets taken at market value to an extent greater
than 15% of total assets taken at cost. Asset coverage of at least 300%
taken at market value must be maintained. No borrowing may be undertaken
except as a temporary measure for extraordinary or emergency purposes.
(The fund may borrow only from banks. The fund, however, has never
borrowed and does not currently anticipate borrowing.)
|
Replace with policy 1 above. |
Current | Proposed | |
The fund shall make no investment:
|
||
Which involves promotion or business management by the
fund.
|
Eliminate | |
In any security about which information is not available with
respect to the history, management, assets, earnings, and income of the
issuer.
|
Eliminate | |
If the investment would cause more than 5% of the value of the
assets of the fund, as they exist at the time of investment, to be
invested in the securities of any one issuer.
|
Eliminate | |
If the investment would cause more than 20% of the value of the
assets of the fund to be invested in securities of companies in any one
industry.
|
Replace with policy 6 above. | |
If the investment would cause the fund to own more than 10% of any
class of securities of any one issuer or more than 10% of the outstanding
voting securities of any one issuer.
|
Eliminate | |
In any security which has not been placed on the fund’s “Eligible
List” (See Prospectus).
|
Eliminate | |
The fund is not permitted to:
|
||
Invest in real estate.
|
Replace with policy 4 above. | |
Make any investment which would subject it to unlimited
liability.
|
Eliminate | |
Buy securities on margin.
|
Eliminate | |
Sell securities short.
|
Eliminate | |
Borrow money.
|
Replace with policy 1 above. |
Current | Proposed | |
Paragraph following fundamental policies:
|
||
The fund does not concentrate investments in one industry or group
of industries.
|
Replace with policy 6 above. | |
The fund does not invest in commodities.
|
Replace with policy 4 above. | |
The fund does not make loans except in the very occasional instance
where interest returns on a loan are particularly favorable, the loan is
secured by at least 150% of marketable securities, the total loans
outstanding would not exceed 20% of the current market value of the assets
of the fund, and total loans to any one borrower would not exceed 5% of
the value of such assets. No loans have ever been made to any person under
the foregoing authority. Loans may not be made to persons affiliated with
the fund.
|
Replace with policy 5 above. | |
The fund does not invest to control other companies.
|
Remains the same. | |
While the fundamental policies of the fund permit it to act as
underwriter of securities issued by others, it is not the practice of the
fund to do so.
|
Replace with policy 3 above. |
Current | Proposed | |
The fund may not:
|
||
With respect to 75% of the fund’s total assets, purchase the
security of any issuer (other than securities issued or guaranteed by the
U.S. government or its agencies or instrumentalities), if as a result,
(a) more than 5% of the fund’s total assets would be invested in
securities of that issuer, or (b) the fund would hold more than 10%
of the outstanding voting securities of that issuer.
|
Eliminate | |
Concentrate its investments in a particular industry, as that term
is used in the Investment Company Act of 1940, as amended, and as
interpreted or modified by regulatory authority having jurisdiction, from
time to time.
|
Replace with policy 6 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Buy or sell real estate in the ordinary course of its business;
however, the fund may invest in debt securities secured by real estate or
interests therein or issued by companies, including real estate investment
trusts, which invest in real estate or interests therein.
|
Replace with policy 4 above. | |
Buy or sell commodities or commodity contracts in the ordinary
course of its business, provided, however, that this shall not prohibit
the fund from purchasing or selling currencies including forward currency
contracts.
|
Replace with policy 4 above. | |
Invest more than 15% of the value of its net assets in securities
that are illiquid.
|
Eliminate | |
Engage in the business of underwriting of securities of other
issuers, except to the extent that the disposal of an investment position
may technically constitute the fund an underwriter as that term is defined
under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Make loans in an aggregate amount in excess of 10% of the value of
the fund’s total assets, taken at the time any loan is made, provided,
(i) that the purchase of debt securities pursuant to the fund’s
investment objectives and entering into repurchase agreements maturing in
seven days or less shall not be deemed loans for the purposes of this
restriction, and (ii) that loans of portfolio securities as described
under “Loans of Portfolio Securities,” shall be made only in accordance
with the terms and conditions therein set forth.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate |
Current | Proposed | |
Purchase securities at margin.
|
Eliminate | |
Borrow money except from banks for temporary or emergency purposes,
not in excess of 5% of the value of the fund’s total assets.
|
Replace with policy 1 above. |
Current | Proposed | |
The fund may not:
|
||
Purchase any security (other than securities issued or guaranteed
by the U.S. government or its agencies or instrumentalities) if
immediately after and as a result of such investment, more than 5% of the
fund’s total assets would be invested in securities of the issuer; except
that, as to 25% of the fund’s total assets, up to 10% of its total assets
may be invested in securities issued or guaranteed as to payment of
interest and principal by a foreign government or its agencies or
instrumentalities or by a multinational agency.
|
Eliminate | |
Invest 25% or more of the value of its total assets in the
securities of issuers conducting their principal business activities in
the same industry.
|
Replace with policy 6 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Knowingly purchase securities of other management investment
companies, except in connection with a merger, consolidation, acquisition,
or reorganization.
|
Eliminate | |
Buy or sell real estate or commodities or commodity contracts;
however, the fund may invest in debt securities secured by real estate or
interests therein or issued by companies which invest in real estate or
interests therein, including real estate investment trusts, and may
purchase or sell currencies (including forward currency
contracts).
|
Replace with policy 4 above. | |
Acquire securities subject to restrictions on disposition or
securities for which there is no readily available market, or enter into
repurchase agreements or purchase time deposits maturing in more than
seven days, if, immediately after and as a result, the value of such
securities would exceed, in the aggregate, 10% of the fund’s total
assets.
|
Eliminate | |
Engage in the business of underwriting securities of other issuers,
except to the extent that the disposal of an investment position may
technically cause it to be considered an underwriter as that term is
defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Make loans, except that the fund may purchase debt securities,
enter into repurchase agreements and make loans of portfolio
securities.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin, except that the fund may obtain such
short-term credits as may be necessary for the clearance of purchases and
sales of securities.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency purposes
not in excess of 5% of the value of the fund’s total assets (in the event
that the asset coverage for such borrowings falls below 300%, the fund
will reduce, within three days, the amount of its borrowings in order to
provide for 300% asset coverage), and except that the fund may enter into
reverse repurchase agreements and engage in “roll” transactions, provided
that reverse repurchase agreements, “roll” transactions and any other
transactions constituting borrowing by the fund may not exceed one-third
of the fund’s total assets.
|
Replace with policy 1 above. |
Current | Proposed | |
Mortgage, pledge, or hypothecate any of its assets, provided that
this restriction shall not apply to the transfer of securities in
connection with any permissible borrowing.
|
Eliminate | |
Purchase or retain the securities of any issuer, if those
individual officers and directors of the fund, its investment adviser, or
distributor, each owning beneficially more than 1/2 of 1% of the securities of such issuer, together own more than 5%
of the securities of such issuer.
|
Eliminate | |
Invest in interests in oil, gas, or other mineral exploration or
development programs.
|
Eliminate | |
Invest more than 5% of its total assets in securities of companies
having, together with their predecessors, a record of less than three
years of continuous operation.
|
Eliminate | |
Write, purchase or sell put options, call options or combinations
thereof.
|
Eliminate |
Current | Proposed | |
The fund may not:
|
||
Invest in securities of another issuer (other than the U.S.
government or its agencies or instrumentalities), if immediately after and
as a result of such investment more than 5% of the value of the total
assets would be invested in the securities of such other issuer (except
with respect to 25% of the value of the total assets, the fund may exceed
the 5% limitation with regards to investments in the securities of any one
foreign government).
|
Eliminate | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Invest more than 25% of the value of its total assets in the
securities of companies primarily engaged in any one
industry.
|
Replace with policy 6 above. | |
Invest more than 5% of its total assets in the securities of other
investment companies; such investments shall be limited to 3% of the
voting stock of any investment company provided, however, that investment
in the open market of a closed-end investment company where no more than
customary brokers’ commissions are involved and investment in connection
with a merger, consolidation, acquisition or reorganization shall not be
prohibited by this restriction.
|
Eliminate | |
Buy or sell real estate in the ordinary course of its business;
however, the fund may invest in securities secured by real estate or
interests therein or issued by companies, including real estate investment
trusts and funds, which invest in real estate or interests
therein.
|
Replace with policy 4 above. | |
Buy or sell commodities or commodity contracts in the ordinary
course of its business, provided, however, that entering into foreign
currency contracts shall not be prohibited by this
restriction.
|
Replace with policy 4 above. | |
Lend any security or make any other loan if, as a result, more than
15% of its total assets would be lent to third parties, but this
limitation does not apply to purchases of debt securities or to repurchase
agreements.
|
Replace with policy 5 above. | |
Sell securities short except to the extent that the fund
contemporaneously owns or has the right to acquire, at no additional cost,
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin.
|
Eliminate |
Current | Proposed | |
Issue senior securities or borrow money, except as permitted by the
1940 Act, as amended or any rule thereunder, any Securities and Exchange
Commission (“SEC”) or SEC staff interpretations thereof or any exceptions
therefrom which may be granted by the SEC.
|
Replace with policies 1 and 2 above. | |
Mortgage, pledge or hypothecate its total assets to any
extent.
|
Eliminate | |
Purchase or retain the securities of any issuer, if those
individual officers and trustees of the fund, its investment adviser or
principal underwriter, each owning beneficially more than 1/2 of 1% of the securities of such issuer, together own more than 5%
of the securities of such issuer.
|
Eliminate | |
Invest more than 5% of the value of its total assets in securities
of companies having, together with their predecessors, a record of less
than three years of continuous operation.
|
Eliminate | |
Invest in puts, calls, straddles or spreads, or combinations
thereof.
|
Eliminate | |
Purchase partnership interests in oil, gas, or mineral exploration,
drilling or mining ventures.
|
Eliminate |
Current | Proposed | |
The fund may not:
|
||
Borrow money or securities.
|
Replace with policy 1 above. | |
Buy securities “on margin.”
|
Eliminate | |
Effect “short sales” of securities.
|
Eliminate | |
Mortgage, pledge or hypothecate securities.
|
Eliminate | |
Lend money or securities (but the purchase of a portion of an issue
of publicly distributed debt securities is not considered the making of a
loan).
|
Replace with policy 5 above. | |
Invest in the securities of any issuer which, including
predecessors, has a record of less than three years continuous
operation.
|
Eliminate | |
Invest in the securities of any issuer if any officer or director
of the fund owns more than 1/2 of 1% of the securities of that issuer or if the fund’s officers
and directors together own more than 5% of the securities of that
issuer.
|
Eliminate | |
Invest any of its assets in the securities of any managed
investment trust or of any other managed investment company.
|
Eliminate | |
Invest more than 5% of its total assets at the market value at the
time of investment in securities of any one issuer, or hold more than 10%
of such securities of any one issuer, but these limitations do not apply
to obligations of or guaranteed by the U.S.
|
Eliminate | |
Purchase or sell real estate (this shall not prevent the fund from
investing in securities or other instruments backed by real estate or
securities of companies engaged in the real estate business).
|
Replace with policy 4 above. | |
Purchase or sell commodities or commodity contracts.
|
Replace with policy 4 above. | |
Act as underwriter of securities issued by other
persons.
|
Replace with policy 3 above. | |
Make investments in other companies for the purpose of exercising
control or management.
|
Remains the same. | |
Concentrate its investments in any one industry or group of
industries, but may invest up to 25% of its assets in any one
industry.
|
Replace with policy 6 above. |
Current | Proposed | |
The fund may not:
|
||
Purchase the securities of any issuer, except the U.S. government
or any subdivision thereof, if upon such purchase more than 5% of the
value of its total assets would consist of securities of such
issuer.
|
Eliminate | |
Purchase the securities of companies in a particular industry
(other than securities issued or guaranteed by the U.S. government or its
agencies or instrumentalities) if thereafter 25% or more of the value of
its total assets would consist of securities issued by companies in that
industry.
|
Replace with policy 6 above. | |
Purchase more than 10% of the voting or non-voting securities of
any one issuer.
|
Eliminate | |
Invest more than 15% of the value of its assets in securities that
are illiquid.
|
Eliminate | |
Purchase securities on margin.
|
Eliminate | |
Purchase or sell any real estate unless acquired as a result of
ownership of securities or other instruments (this shall not prevent the
fund from investing in securities or other instruments backed by real
estate or securities of companies engaged in the real estate
business).
|
Replace with policy 4 above. | |
Make loans to anyone (the purchase of a portion of an issue of
bonds, debentures or other securities, whether or not on the original
issue of such securities, is not to be considered the making of a
loan).
|
Replace with policy 5 above. | |
Borrow more than an amount equal to 5% of the value of its total
assets, determined immediately after the time of the borrowing, and then
only from banks, as a temporary measure for extraordinary or emergency
purposes.
|
Replace with policy 1 above. | |
Invest in the securities of any issuer for the purpose of
exercising control or management.
|
Remains the same. | |
Deal in commodities or commodity contracts.
|
Replace with policy 4 above. | |
Act as underwriter of securities issued by other
persons.
|
Replace with policy 3 above. |
Current | Proposed | |
The fund may not:
|
||
Purchase any security (other than securities issued or guaranteed
by the U.S. government or its agencies or instrumentalities (“U.S.
government securities”) if, immediately after and as a result of such
investment, more than 5% of the value of the fund’s total assets would be
invested in securities of the issuer.
|
Eliminate | |
Invest 25% or more of the value of its total assets in the
securities of issuers conducting their principal business activities in
the same industry, except that this limitation shall not apply to U.S.
government securities.
|
Replace with policy 6 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Knowingly purchase securities of other investment companies, except
in connection with a merger, consolidation, acquisition, or
reorganization.
|
Eliminate | |
Buy or sell real estate or commodities or commodity contracts in
the ordinary course of its business; however, the fund may purchase or
sell readily marketable debt securities secured by real estate or
interests therein or issued by companies which invest in real estate or
interests therein, including real estate investment trusts.
|
Replace with policy 4 above. |
Current | Proposed | |
Acquire securities subject to restrictions on disposition imposed
by the Securities Act of 1933, if, immediately after and as a result of
such acquisition, the value of such restricted securities and all other
illiquid securities held by the fund would exceed 10% of the value of the
fund’s total assets.
|
Eliminate | |
Engage in the business of underwriting securities of other issuers,
except to the extent that the disposal of an investment position may
technically cause it to be considered an underwriter as that term is
defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Make loans, except that the fund may purchase readily marketable
debt securities and invest in repurchase agreements and make loans of
portfolio securities. The fund will not invest in repurchase agreements
maturing in more than seven days (unless subject to a demand feature) if
any such investment, together with any illiquid securities (including
securities which are subject to legal or contractual restrictions on
resale) held by the fund, exceeds 10% of the value of its total
assets.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin, except that the fund may obtain such
short-term credits as may be necessary for the clearance of purchases and
sales of securities.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency purposes
not in excess of 5% of the value of the fund’s total assets, except that
the fund may enter into reverse repurchase agreements, provided that the
fund will limit its aggregate borrowings to no more than one-third of its
total assets.
|
Replace with policy 1 above. | |
Mortgage, pledge, or hypothecate any of its assets, provided that
this restriction shall not apply to the sale of securities pursuant to a
reverse repurchase agreement.
|
Eliminate | |
Purchase or retain the securities of any issuer, if those
individual officers and Trustees of the Trust, its investment adviser, or
distributor, each owning beneficially more than 1/2 of 1% of the securities of such issuer, together own more than 5%
of the securities of such issuer.
|
Eliminate | |
Invest in interests in oil, gas, or other mineral exploration or
development programs.
|
Eliminate | |
Invest more than 5% of its total assets in warrants which are
unattached to securities.
|
Eliminate | |
Write, purchase or sell puts, calls or combinations
thereof.
|
Eliminate |
Current | Proposed | |
The fund may not:
|
||
Purchase any security (other than securities issued or guaranteed
by the U.S. government or its agencies or instrumentalities (“U.S.
government securities”) if, immediately after and as a result of such
investment, more than 5% of the value of the fund’s total assets would be
invested in securities of the issuer.
|
Eliminate | |
Invest 25% or more of the value of its total assets in the
securities of issuers conducting their principal business activities in
the same industry, except that this limitation shall not apply to U.S.
government securities.
|
Replace with policy 6 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Knowingly purchase securities of other managed investment
companies, except in connection with a merger, consolidation, acquisition,
or reorganization.
|
Eliminate |
Current | Proposed | |
Buy or sell real estate or commodities or commodity contracts in
the ordinary course of its business; however, the fund may purchase or
sell readily marketable debt securities secured by real estate or
interests therein or issued by companies which invest in real estate or
interests therein, including real estate investment trusts.
|
Replace with policy 4 above. | |
Acquire securities subject to contractual restrictions preventing
their ready disposition or enter into repurchase agreements or purchase
time deposits maturing in more than seven days if, immediately after and
as a result, the value of illiquid securities held by the fund would
exceed, in the aggregate, 10% of the value of the fund’s total
assets.
|
Eliminate | |
Engage in the business of underwriting securities of other issuers,
except to the extent that the disposal of an investment position may
technically cause it to be considered an underwriter as that term is
defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Make loans, except that this does not prevent the fund from
purchasing marketable debt securities and entering into repurchase
agreements or making loans of portfolio securities.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin, except that the fund may obtain such
short-term credits as may be necessary for the clearance of purchases and
sales of securities.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency
purposes, not in excess of 5% of the value of the fund’s total assets,
except that the fund may enter into reverse repurchase agreements,
provided that the fund will limit its aggregate borrowings to no more than
one-third of its total assets.
|
Replace with policy 1 above. | |
Mortgage, pledge, or hypothecate any of its assets, provided that
this restriction shall not apply to the sale of securities pursuant to a
reverse repurchase agreement.
|
Eliminate | |
Purchase or retain the securities of any issuer, if those
individual officers and Trustees of the fund, its investment adviser, or
distributor, each owning beneficially more than 1/2 of 1% of the securities of such issuer, together own more than 5%
of the securities of such issuer.
|
Eliminate | |
Invest in interests in oil, gas, or other mineral exploration or
development programs.
|
Eliminate | |
Invest more than 5% of its total assets in warrants which are
unattached to securities.
|
Eliminate | |
Write, purchase or sell puts, calls or combinations
thereof.
|
Eliminate | |
Invest more than 5% of its total assets in securities of companies
having, together with their predecessors, a record of less than three
years of continuous operation.
|
Eliminate |
Current | Proposed | |
The fund shall make no investment:
|
||
Which involves promotion or business management by the
fund.
|
Eliminate | |
In any security about which reliable information is not available
with respect to the history, management, assets, earnings, and income of
the issuer.
|
Eliminate |
Current | Proposed | |
If the investment would cause more than 5% of the value of the
total assets of the fund, as they exist at the time of investment, to be
invested in the securities of any one issuer.
|
Eliminate | |
If the investment would cause more than 20% of the value of the
total assets of the fund to be invested in the securities in any one
industry.
|
Replace with policy 6 above. | |
If the investment would cause the fund to own more than 10% of the
outstanding voting securities of any one issuer, provided that this
restriction shall apply as to 75% of the fund’s total assets.
|
Eliminate | |
In any security which has not been placed on the fund’s Eligible
List. (See the prospectus).
|
Eliminate | |
The fund is not permitted to buy securities on margin, sell
securities short, borrow money, or to invest in real estate.
|
Eliminate | |
The fund may not:
|
||
Concentrate its investment in any particular industry or group of
industries. Some degree of concentration may occur from time to time
(within the 20% limitation of the Certificate of Incorporation) as certain
industries appear to present desirable fields for investment.
|
Replace with policy 6 above. | |
Engage generally in the making of loans. Although the fund has
reserved the right to make loans to unaffiliated persons subject to
certain restrictions, including requirements concerning collateral and
amount of any loan, no loans have been made since adoption of this
fundamental policy more than 50 years ago.
|
Replace with policy 5 above. | |
Act as underwriter of securities issued by others or engage in
distribution of securities for others.
|
Replace with policy 3 above. | |
Engage in the purchase and sale of commodities or commodity
contracts.
|
Replace with policy 4 above. | |
Borrow money.
|
Replace with policy 1 above. | |
Invest in real estate.
|
Replace with policy 4 above. | |
Make investments in other companies for the purpose of exercising
control or management.
|
Remains the same. | |
Pledge, encumber or assign all or any part of its property and
assets as security for a debt.
|
Eliminate | |
Invest in the securities of other investment
companies.
|
Eliminate |
Current | Proposed | |
The fund may not:
|
||
Act as underwriter of securities issued by other
persons.
|
Replace with policy 3 above. | |
Invest more than 10% of the value of its total assets in securities
that are illiquid.
|
Eliminate | |
Borrow money, except temporarily for extraordinary or emergency
purposes, in an amount not exceeding 5% of the value of the fund’s total
assets at the time of such borrowing.
|
Replace with policy 1 above. | |
Purchase or sell real estate unless acquired as a result of
ownership of securities or other instruments (this shall not prevent the
fund from investing in securities or other instruments backed by real
estate or securities of companies engaged in the real estate
business).
|
Replace with policy 4 above. | |
Purchase or deal in commodities or commodity
contracts.
|
Replace with policy 4 above. |
Current | Proposed | |
Lend any security or make any other loan if, as a result, more than
15% of its total assets would be lent to third parties, but this
limitation does not apply to purchases of debt securities or to repurchase
agreements.
|
Replace with policy 5 above. | |
Purchase securities of any company for the purpose of exercising
control or management.
|
Remains the same. | |
Purchase any securities on “margin”, except that it may obtain such
short-term credit as may be necessary for the clearance of purchases of
securities.
|
Eliminate | |
Sell or contract to sell any security which it does not own unless
by virtue of its ownership of other securities it has at the time of sale
a right to obtain securities, without payment of further consideration,
equivalent in kind and amount to the securities sold and provided that if
such right is conditional the sale is made upon the same
conditions.
|
Eliminate | |
Purchase or sell puts, calls, straddles, or spreads, but this
restriction shall not prevent the purchase or sale of rights represented
by warrants or convertible securities.
|
Eliminate | |
Purchase any securities of any issuer, except the U.S. government
(or its instrumentalities), if immediately after and as a result of such
investment (1) the market value of the securities of such other
issuer shall exceed 5% of the market value of the total assets of the
fund, or (2) the fund shall own more than 10% of the outstanding
voting securities of such issuer, provided that this restriction shall
apply only as to 75% of the fund’s total assets.
|
Eliminate | |
Purchase any securities (other than securities issued or guaranteed
by the U.S. government or its agencies or instrumentalities) if
immediately after and as a result of such purchase 25% or more of the
market value of the total assets of the fund would be invested in
securities of companies in any one industry.
|
Replace with policy 6 above. | |
Invest more than 15% of the value of its net assets in securities
that are illiquid.
|
Eliminate | |
Issue senior securities.
|
Replace with policy 2 above. |
Current | Proposed | |
The fund may not with respect to 75% of its total assets, invest more than 5% of its assets in securities of any one issuer or acquire more than 10% of the voting securities of any one issuer. These limitations do not apply to securities issued or guaranteed by the U.S. government, its agencies or instrumentalities. | Eliminate | |
The fund may not borrow money or securities, except for temporary or emergency purposes in an amount not exceeding 33 1/3% of its total assets. | Replace with policy 1 above. | |
The fund may not make loans if, as a result, more than 33 1/3% of its total assets would be lent to other parties (this limitation does not apply to purchases of debt securities, repurchase agreements or loans of portfolio securities). | Replace with policy 5 above. | |
The fund may not invest 25% or more of its assets in securities of issuers in any one industry (other than securities issued or guaranteed by the U.S. government, its agencies or instrumentalities). | Replace with policy 6 above. | |
The fund may not purchase or sell real estate unless acquired as a result of ownership of securities or other instruments (this limitation does not prevent the fund from investing in securities or other instruments backed by real estate or securities of companies engaged in the real estate business, such as real estate investment trusts). | Replace with policy 4 above. |
Current | Proposed | |
The fund may not purchase or sell physical commodities unless acquired as a result of ownership of securities or other instruments (this limitation does not prevent the fund from purchasing or selling options and futures contracts or from investing in securities or other instruments backed by physical commodities). | Replace with policy 4 above. | |
The fund may not engage in the business of underwriting securities of other issuers, except to the extent that the purchase or disposal of an investment position may technically constitute the fund as an underwriter as that term is defined under the Securities Act of 1933. | Replace with policy 3 above. | |
The fund may not issue senior securities, except as permitted under the Investment Company Act of 1940. | Replace with policy 2 above. |
Current | Proposed | |
The fund may not: | ||
With respect to 75% of the fund’s total assets, purchase the securities of any issuer (other than securities issued or guaranteed by the U.S. government or any of its agencies or instrumentalities) if, as a result, (a) more than 5% of the fund’s total assets would be invested in the securities of that issuer, or (b) the fund would hold more than 10% of the outstanding voting securities of that issuer. | Eliminate | |
Purchase or sell real estate unless acquired as a result of ownership of securities or other instruments (but this shall not prevent the fund from investing in securities or other instruments backed by real estate or securities of companies engaged in the real estate business). | Replace with policy 4 above. | |
Purchase or sell commodities unless acquired as a result of ownership of securities or other instruments or engage in futures transactions. | Replace with policy 4 above. | |
Invest 25% or more of the fund’s total assets in the securities of issuers in the same industry. Obligations of the U.S. government, its agencies and instrumentalities are not subject to this 25% limitation on industry concentration. | Replace with policy 6 above. | |
Invest more than 15% of the value of its net assets in securities which are not readily marketable (including repurchase agreements maturing in more than seven days) | Eliminate | |
Engage in the business of underwriting securities of other issuers, except to the extent that the purchase or disposal of an investment position may technically constitute the fund as an underwriter as that term is defined under the Securities Act of 1933. | Replace with policy 3 above. | |
Invest in companies for the purpose of exercising control or management. | Remains the same. | |
Make loans to others except for (a) purchasing debt securities; (b) entering into repurchase agreements; and (c) loaning portfolio securities. | Replace with policy 5 above. | |
Issue senior securities, except as permitted under the Investment Company Act of 1940. | Replace with policy 2 above. | |
Borrow money, except from banks for temporary purposes in an amount not to exceed one-third of the value of the fund’s total assets. Moreover, in the event that the asset coverage for such borrowing falls below 300%, the fund will reduce, within three days, the amount of its borrowing in order to provide for 300% asset coverage. | Replace with policy 1 above. | |
Purchase or sell puts, calls, straddles, or spreads, or combinations thereof (this restriction does not prevent the fund from investing in securities with put and call features). | Eliminate | |
The fund will normally invest at least 80% of its assets in securities the income from which is exempt from federal income tax, or will invest its assets so that at least 80% of the income that the fund distributes is exempt from federal income tax. | Replace with policy 7 above. |
Current | Proposed | |
The fund may not:
|
||
Invest in securities of another issuer (other than the U.S. or its
agencies or instrumentalities), if immediately after and as a result of
such investment more than 5% of the value of the total assets of the fund
would be invested in the securities of such other issuer, or more than 10%
of the outstanding voting securities of such issuer would be owned by the
fund.
|
Eliminate | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Purchase the securities of companies in a particular industry
(other than securities issued or guaranteed by the U.S. government or its
agencies or instrumentalities) if thereafter 25% or more of the value of
its total assets would consist of securities issued by companies in that
industry.
|
Replace with policy 6 above. | |
Buy or sell real estate in the ordinary course of its business;
however, the fund may invest in securities secured by real estate or
interests therein or issued by companies, including real estate investment
trusts, which invest in real estate or interests therein.
|
Replace with policy 4 above. | |
Buy or sell commodities or commodity contracts in the ordinary
course of its business provided, however, that entering into a forward
currency contract shall not be prohibited by this
restriction.
|
Replace with policy 4 above. | |
Lend any security or make any other loan if, as a result, more than
15% or its total assets would be lent to third parties, but this
limitation does not apply to purchases of debt securities or to repurchase
agreements.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost,
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin.
|
Eliminate | |
Enter into any repurchase agreement if, as a result, more than 10%
of the fund’s total assets would be subject to repurchase agreements
maturing in more than seven days.
|
Eliminate | |
Borrow amounts in excess of 5% of the value of its total assets or
issue senior securities; in any event, the fund may borrow only as a
temporary measure for extraordinary or emergency purposes and not for
investment in securities.
|
Replace with policies 1 and 2 above. | |
Invest in puts, calls, straddles or
spreads, or combinations thereof.
|
Eliminate |
Current | Proposed | |
The fund will not:
|
||
Invest in securities of another issuer (other than the U.S.
government or its agencies or instrumentalities), if immediately after and
as a result of such investment more than 5% of the value of the total
assets of the fund would be invested in the securities of such other
issuer, or more than 10% of the outstanding voting securities of such
issuer would be owned by the fund.
|
Eliminate | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Invest more than 25% of the value of its total assets in the
securities of companies primarily engaged in any one
industry.
|
Replace with policy 6 above. | |
Buy or sell real estate in the ordinary course of its business;
however, the fund may invest in securities secured by real estate or
interests therein or issued by companies, including real estate investment
trusts, which invest in real estate or interests therein.
|
Replace with policy 4 above. |
Current | Proposed | |
Buy or sell commodities or commodity contracts in the ordinary
course of its business; provided, however, that this restriction shall not
prohibit the fund from purchasing, selling or holding foreign currencies
or entering into forward foreign currency contracts.
|
Replace with policy 4 above. | |
Engage in the business of underwriting of securities of other
issuers, except to the extent that the disposal of an investment position
may technically constitute the fund an underwriter as that term is defined
under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Lend any security or make any other loan if, as a result, more than
15% of its total assets would be lent to third parties, but this
limitation does not apply to purchases of debt securities or to repurchase
agreements.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin.
|
Eliminate | |
Issue senior securities or borrow money, except as permitted by the
1940 Act, as amended, or any rule thereunder, any SEC or SEC staff
interpretation thereof or any exemptions therefrom which may be granted by
the SEC.
|
Replace with policies 1 and 2 above. | |
Mortgage, pledge or hypothecate its
assets to any extent.
|
Eliminate |
Current | Proposed | |
The fund may not borrow money or securities, except for temporary
or emergency purposes in an amount not exceeding 33 1/3% of its total assets.
|
Replace with policy 1 above. | |
The fund may not make loans, if, as a result, more than 33 1/3% of its total assets would be lent to other parties (this
limitation does not apply to purchases of debt securities, repurchase
agreements or loans of portfolio securities).
|
Replace with policy 5 above. | |
The fund may not invest 25% or more of its assets in securities of
issuers in any one industry (other than securities issued or guaranteed by
the U.S. government, its agencies or instrumentalities).
|
Replace with policy 6 above. | |
The fund may not purchase or sell real estate unless acquired as a
result of ownership of securities or other instruments (this shall not
prevent the fund from investing in securities or other instruments backed
by real estate or securities of companies engaged in the real estate
business, such as real estate investment trusts).
|
Replace with policy 4 above. | |
The fund may not purchase or sell physical commodities unless
acquired as a result of ownership of securities or other instruments (this
shall not prevent the fund from purchasing or selling options and futures
contracts or from investing in securities or other instruments backed by
physical commodities).
|
Replace with policy 4 above. | |
The fund may not engage in the business of underwriting securities
of other issuers, except to the extent that the purchase or disposal of an
investment position may technically constitute the fund as an underwriter
as that term is defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
The fund may not issue senior securities, except as permitted under
the Investment Company Act of 1940.
|
Replace with policy 2 above. | |
In addition, the fund will not change its subclassification from a
diversified to non-diversified company except as permitted under the
Investment Company Act of 1940.
|
Eliminate |
Current | Proposed | |
The fund may not:
|
||
Invest in securities of an issuer (other than the U.S. government
or its agencies or instrumentalities), if immediately after and as a
result of such investment more than 5% of the value of its total assets
would be invested in the securities of such other issuer (except with
respect to 25% of the value of its total assets, the fund may exceed the
5% limitation with regard to investments in the securities of any one
foreign government).
|
Eliminate | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Invest 25% or more of the value of its total assets in the
securities of companies primarily engaged in any one
industry.
|
Replace with policy 6 above. | |
Buy or sell real estate (including real estate limited
partnerships) in the ordinary course of its business; however, the fund
may invest in securities secured by real estate or interests therein or
issued by companies, including real estate investment trusts and funds,
which invest in real estate or interests therein.
|
Replace with policy 4 above. | |
Buy or sell commodities or commodity contracts in the ordinary
course of its business; provided, however, that entering into a currency
forward or futures contract shall not be prohibited by this
restriction.
|
Replace with policy 4 above. | |
Lend any security or make any other loan if, as a result, more than
15% of its total assets would be lent to third parties, but this
limitation does not apply to purchases of debt securities or to repurchase
agreements.
|
Replace with policy 5 above. | |
Sell securities short except to the extent that the fund
contemporaneously owns or has the right to acquire, at no additional cost,
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin.
|
Eliminate | |
Borrow amounts in excess of 5% of the value of its total assets or
issue senior securities. In any event, the fund may borrow only as a
temporary measure for extraordinary or emergency purposes and not for
investment in securities.
|
Replace with policies 1 and 2 above. | |
Purchase or sell puts, calls, straddles or spreads, or combinations
thereof.
|
Eliminate |
Current | Proposed | |
The fund may not with respect to 75% of its total assets, invest
more than 5% of its assets in securities of any one issuer or acquire more
than 10% of the voting securities of any one issuer. These limitations do
not apply to securities issued or guaranteed by the U.S. government, its
agencies or instrumentalities.
|
Eliminate | |
The fund may not borrow money or securities, except for temporary
or emergency purposes in an amount not exceeding 33 1/3% of its total assets.
|
Replace with policy 1 above. | |
The fund may not make loans if, as a result, more than 33 1/3% of its total assets would be lent to other parties (this
limitation does not apply to purchases of debt securities, repurchase
agreements or loans of portfolio securities).
|
Replace with policy 5 above. | |
The fund may not invest 25% or more of its assets in securities of
issuers in any one industry (other than securities issued or guaranteed by
the U.S. government, its agencies or instrumentalities).
|
Replace with policy 6 above. | |
The fund may not purchase or sell real estate unless acquired as a
result of ownership of securities or other instruments (this limitation
does not prevent the fund from investing in securities or other
instruments backed by real estate or securities of companies engaged in
the real estate business, such as real estate investment
trusts).
|
Replace with policy 4 above. |
Current | Proposed | |
The fund may not purchase or sell physical commodities unless
acquired as a result of ownership of securities or other instruments (this
limitation does not prevent the fund from purchasing or selling options
and futures contracts or from investing in securities or other instruments
backed by physical commodities).
|
Replace with policy 4 above. | |
The fund may not engage in the business of underwriting securities
of other issuers, except to the extent that the purchase or disposal of an
investment position may technically constitute the fund as an underwriter
as that term is defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
The fund may not issue senior securities, except as permitted under
the Investment Company Act of 1940.
|
Replace with policy 2 above. |
Current | Proposed | |
The fund may not:
|
||
With respect to 75% of the fund’s total assets, purchase the
security of any issuer (other than securities issued or guaranteed by the
U.S. government or its agencies or instrumentalities) if, as a result,
(a) more than 5% of the fund’s total assets would be invested in
securities of that issuer, or (b) the fund would hold more than 10%
of the outstanding voting securities of that issuer.
|
Eliminate | |
Enter into any repurchase agreement if, as a result, more than 10%
of the value of the fund’s total assets would be subject to repurchase
agreements maturing in more than seven days.
|
Eliminate | |
Buy or sell real estate in the ordinary course of its business;
however, the fund may invest in securities secured by real estate or
interests therein.
|
Replace with policy 4 above. | |
Make loans to others, except for the purchase of debt securities or
entering into repurchase agreements.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin, except such short-term credits as
may be necessary for the clearance of purchases or sales.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency
purposes, not in excess of 5% of the value of the fund’s total assets,
excluding the amount borrowed. This borrowing provision is intended to
facilitate the orderly sale of portfolio securities to accommodate
unusually heavy redemption requests, if they should occur; it is not
intended for investment purposes.
|
Replace with policy 1 above. | |
Underwrite any issue of securities, except to the extent that the
purchase of municipal bonds directly from the issuer in accordance with
the fund’s investment objective, policies and restrictions, and later
resale may be deemed to be an underwriting.
|
Replace with policy 3 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Buy or sell commodities or commodity contracts.
|
Replace with policy 4 above. | |
Buy or sell oil, gas or other mineral exploration or development
programs.
|
Eliminate | |
Write, purchase or sell puts, calls, straddles, spreads or any
combination thereof.
|
Eliminate | |
The fund will normally invest at least 80% of its assets in
securities the income from which is exempt from federal income tax, or
will invest its assets so that at least 80% of the income that the fund
distributes is exempt from federal income tax.
|
Replace with policy 7 above. |
Current | Proposed | |
The fund may not:
|
||
Invest more than 5% of the value of its
total assets in the securities of any one issuer provided that this
limitation shall apply only to 75% of the value of the fund’s total assets
and, provided further, that the limitation shall not apply to obligations
issued or guaranteed by the U.S. government or its agencies or
instrumentalities.
|
Eliminate | |
Buy or sell real estate in the ordinary course of its business;
however, the fund may invest in securities secured by real estate or
interests therein.
|
Replace with policy 4 above. | |
Make loans to others, except for the purchase of debt securities or
entering into repurchase agreements.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin, except such short-term credits as
may be necessary for the clearance of purchases or sales.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency
purposes, not in excess of 5% of the value of the fund’s total assets,
excluding the amount borrowed. This borrowing provision is intended to
facilitate the orderly sale of portfolio securities to accommodate
unusually heavy redemption requests, if they should occur; it is not
intended for investment purposes.
|
Replace with policy 1 above. | |
Underwrite any issue of securities, except to the extent that the
purchase of municipal bonds directly from the issuer in accordance with
the fund’s investment objective, policies and restrictions, and later
resale may be deemed to be an underwriting.
|
Replace with policy 3 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Buy or sell commodities or commodity contracts.
|
Replace with policy 4 above. | |
Buy or sell oil, gas or other mineral exploration or development
programs.
|
Eliminate | |
Write, purchase or sell puts, calls, straddles, spreads or any
combination thereof.
|
Eliminate | |
Invest more than 25% of its assets in securities of any industry,
although for purposes of this limitation, the issuers of municipal
securities and U.S. government obligations are not considered to be part
of any industry.
|
Replace with policy 6 above. | |
The fund will normally invest at least 80% of its assets in
securities the income from which is exempt from federal and California
income tax, or will invest its assets so that at least 80% of the income
that the fund distributes is exempt from federal and California income
tax.
|
Replace with policy 7 above. |
Current | Proposed | |
Each fund will normally invest at least 80% of its assets in, or
derive at least 80% of its income from, securities that are exempt from
both federal and the respective state (Maryland or Virginia)
tax.
|
Replace with policy 7 above. | |
The funds may not:
|
||
Invest in more than 10% of the outstanding voting securities of any
issuer or invest more than 5% of the value of its total assets in the
securities of any one issuer, provided that this limitation shall apply
only to 75% of the value of the fund’s total assets and, provided further,
that the limitation shall not apply to obligations issued or guaranteed by
the U.S. government or its agencies or instrumentalities, securities of
other investment companies or cash and cash items.
|
Eliminate |
Current | Proposed | |
Buy or sell real estate in the ordinary course of its business;
however, the fund may invest in securities secured by real estate or
interests therein.
|
Replace with policy 4 above. | |
Make loans to others, except for the purchase of debt securities or
entering into repurchase agreements.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate | |
Purchase securities on margin, except such short-term credits as
may be necessary for the clearance of purchases or sales.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency
purposes, not in excess of 5% of the value of the fund’s total assets,
excluding the amount borrowed. This borrowing provision is intended to
facilitate the orderly sale of portfolio securities to accommodate
unusually heavy redemption requests, if they should occur; it is not
intended for investment purposes.
|
Replace with policy 1 above. | |
Underwrite any issue of securities, except to the extent that the
purchase of municipal bonds directly from the issuer in accordance with
the fund’s investment objective, policies and restrictions, and later
resale may be deemed to be an underwriting.
|
Replace with policy 3 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Buy or sell commodities or commodity contracts.
|
Replace with policy 4 above. | |
Buy or sell oil, gas or other mineral exploration or development
programs.
|
Eliminate | |
Write, purchase or sell puts, calls, straddles, spreads or any
combination thereof.
|
Eliminate | |
Invest more than 25% of its assets in securities of any industry,
although for purposes of this limitation, the issuers of municipal
securities and U.S. government obligations are not considered to be part
of any industry.
|
Replace with policy 6 above. |
Current | Proposed | |
The fund may not:
|
||
Invest 25% or more of the value of its total assets in the
securities of issuers conducting their principal business activities in
the same industry.
|
Replace with policy 6 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Buy or sell real estate or commodities or commodity contracts;
however, the fund may invest in debt securities secured by real estate or
interests therein or issued by companies which invest in real estate or
interests therein, including real estate investment trusts, and may
purchase or sell currencies (including forward currency contracts) or
options on currencies.
|
Replace with policy 4 above. | |
Engage in the business of underwriting securities of other issuers,
except to the extent that the disposal of an investment position may
technically cause it to be considered an underwriter as that term is
defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Lend any security or make any other loan if, as a result, more than
15% of its total assets would be lent to third parties, but this
limitation does not apply to purchases of debt securities or to repurchase
agreements.
|
Replace with policy 5 above. | |
Sell securities short, except to the extent that the fund
contemporaneously owns or has the right to acquire at no additional cost
securities identical to those sold short.
|
Eliminate |
Current | Proposed | |
Purchase securities on margin, provided that the fund may obtain
such short-term credits as may be necessary for the clearance of purchases
and sales of securities.
|
Eliminate | |
Borrow money, except from banks for temporary or emergency purposes
not in excess of 5% of the value of the fund’s total assets (in the event
that the asset coverage for such borrowings falls below 300%, the fund
will reduce, within three days, the amount of its borrowings in order to
provide for 300% asset coverage), and except that the fund may enter into
reverse repurchase agreements and engage in “roll” transactions, provided
that reverse repurchase agreements, “roll” transactions and any other
transactions constituting borrowing by the fund may not exceed one-third
of the fund’s total assets.
|
Replace with policy 1 above. | |
Invest in interests in oil, gas, or other mineral exploration or
development programs.
|
Eliminate | |
Write, purchase or sell put options, call options or combinations
thereof, except that this shall not prevent the purchase of put or call
options on currencies.
|
Eliminate |
Current | Proposed | |
The fund may not:
|
||
With respect to 75% of the fund’s total assets, purchase the
securities of any issuer (other than securities issued or guaranteed by
the U.S. government or any of its agencies or instrumentalities) if, as a
result, (a) more than 5% of the fund’s total assets would be invested
in the securities of that issuer, or (b) the fund would hold more
than 10% of the outstanding voting securities of that issuer.
|
Eliminate | |
Purchase or sell real estate unless acquired as a result of
ownership of securities or other instruments (but this shall not prevent
the fund from investing in securities or other instruments backed by real
estate or securities of companies engaged in the real estate
business).
|
Replace with policy 4 above. | |
Purchase or sell commodities unless acquired as a result of
ownership of securities or other instruments (but this shall not prevent
the fund from engaging in currency-related options and forward or futures
contracts).
|
Replace with policy 4 above. | |
Invest 25% or more of the fund’s total assets in the securities of
issuers in the same industry. Obligations of the U.S. government, its
agencies and instrumentalities are not subject to this 25% limitation on
industry concentration.
|
Replace with policy 6 above. | |
Invest more than 15% of the value of its net assets in securities
which are not readily marketable (including repurchase agreements maturing
in more than seven days or securities traded outside the U.S. for which
there is no recognized exchange or active and substantial over-the-counter
market).
|
Eliminate | |
Engage in the business of underwriting securities of other issuers,
except to the extent that the purchase or disposal of an investment
position may technically constitute the fund as an underwriter as that
term is defined under the Securities Act of 1933.
|
Replace with policy 3 above. | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
Make loans to others except for (a) purchasing debt
securities; (b) entering into repurchase agreements; and
(c) loaning portfolio securities.
|
Replace with policy 5 above. | |
Issue senior securities, except as permitted under the Investment
Company Act of 1940 as amended.
|
Replace with policy 2 above. |
Current | Proposed | |
Borrow money, except from banks for temporary purposes in an amount
not to exceed one-third of the value of the fund’s total assets. Moreover,
in the event that the asset coverage for such borrowing falls below 300%,
the fund will reduce, within three days, the amount of its borrowing in
order to provide for 300% asset coverage.
|
Replace with policy 1 above. | |
Pledge or hypothecate assets in excess of one-third of the fund’s
total assets.
|
Eliminate | |
Purchase or sell puts, calls, straddles, or spreads, or
combinations thereof (except for currency options).
|
Eliminate |
Current | Proposed | |
The fund may not:
|
||
Purchase any security which is not legal for the investment of
trust funds in the District of Columbia.
|
Eliminate | |
Purchase or sell real estate or commodities.
|
Replace with policy 4 above. | |
Make a purchase which would cause more than 5% of the value of the
total assets of the fund to be invested in the securities of any one
issuer.
|
Eliminate | |
Make a purchase which would cause more than 10% of the outstanding
securities of any issuer to be held in the portfolio of the
fund.
|
Eliminate | |
Invest in companies for the purpose of exercising control or
management.
|
Remains the same. | |
May not invest in securities of other investment companies.
Notwithstanding the restriction on investing in the securities of other
investment companies, the fund may invest in securities of other
investment companies if deemed advisable by its officers in connection
with the administration of a deferred compensation plan adopted by
directors as permitted by the Securities and Exchange
Commission.
|
Eliminate | |
Purchase securities on margin or sell securities
short.
|
Eliminate | |
Lend money.
|
Replace with policy 5 above. | |
Borrow money except for temporary or emergency purposes and not for
investment purposes and then only from banks in an amount not exceeding at
the time of borrowing 10% of the fund’s net assets, nor pledge or
hypothecate more than 10% of its net assets and then only to secure such
borrowing, provided that the fund may not purchase portfolio securities
during any periods when loans amounting to 5% or more of the fund’s net
assets are outstanding.
|
Replace with policy 1 above. | |
Purchase any securities which would cause 25% or more of the value
of its total assets at the time of such purchase to be invested in the
securities of one or more issuers having their principal business
activities in the same industry. The board of directors, acting upon the
recommendations of the advisory board, may from time to time establish
lower limitations on the amount of investment in specific
industries.
|
Replace with policy 6 above. | |
It is a declared policy of the fund to maintain a fully invested
position with cash equivalents not to exceed 5% of net assets after
allowing for sales of portfolio securities and fund shares within thirty
days and the accumulation of cash balances representing undistributed net
investment income and realized capital gains.
|
Replace with policy 8 above.
|
|
The fund does not act as an underwriter of securities issued by
others, except to the extent that the disposal of an investment position
may technically constitute the fund an underwriter as the term is defined
in the Securities Act of 1933.
|
Replace with policy 3 above. |
Fund |
Most
Recent Fiscal
Year End |
Date
of Agreement |
Date Approved by Shareholders |
Date Last Approved by the Board |
Date of Expiration1 |
Investment Advisory Fee Paid to CRMC in Most Recent Fiscal Year |
Administrative Service Fee Paid to CRMC in Most Recent Fiscal Year |
Amounts Paid to AFD in Most Recent Fiscal Year |
Transfer Agent and Other Fees Paid to AFS in Most Recent Fiscal Year |
|||||||||||||
AFTD
|
10/31/08 | 2/1/2007 | 1/19/2007 | 12/3/2008 | 12/31/2009 | $ | 0 | $ | 1,112,000 | $ | 9,241,000 | $ | 1,448,000 | |||||||||
AHIM
|
7/31/08 | 4/1/2004 | 8/29/1994 | 3/19/2009 | 5/31/2010 | 6,829,000 | 294,000 | 7,479,000 | 665,000 | |||||||||||||
AHIT
|
9/30/08 | 11/1/2007 | 2/14/1989 | 9/18/2008 | 10/31/2009 | 38,022,000 | 3,877,000 | 44,224,000 | 11,921,000 | |||||||||||||
AMBAL
|
12/31/08 | 1/1/2006 | 6/22/1993 | 12/11/2008 | 12/31/2009 | 114,982,000 | 18,931,000 | 214,178,000 | 52,469,000 | |||||||||||||
AMCAP
|
2/28/09 | 4/1/2006 | 6/15/1993 | 3/18/2009 | 3/31/2010 | 59,878,000 | 7,205,000 | 65,356,000 | 25,185,000 | |||||||||||||
AMF
|
10/31/08 | 4/1/2005 | 2/21/1990 | 3/18/2009 | 3/31/2010 | 42,066,000 | 2,725,000 | 54,368,000 | 16,172,000 | |||||||||||||
BFA
|
12/31/08 | 11/1/2007 | 4/21/1993 | 9/18/2008 | 10/31/2009 | 81,039,000 | 12,114,000 | 126,152,000 | 37,909,000 | |||||||||||||
CIB
|
10/31/08 | 11/1/2007 | 10/28/1992 | 9/23/2008 | 10/31/2009 | 231,562,000 | 24,529,000 | 381,376,000 | 71,909,000 | |||||||||||||
EUPAC
|
3/31/09 | 1/1/2008 | 7/21/1994 | 12/16/2008 | 12/31/2009 | 350,264,000 | 51,177,000 | 231,926,000 | 63,823,000 | |||||||||||||
FI
|
12/31/08 | 9/1/2007 | 11/14/1991 | 8/13/2008 | 8/31/2009 | 104,385,000 | 12,094,000 | 139,155,000 | 45,435,000 | |||||||||||||
GFA
|
8/31/08 | 9/1/2007 | 12/14/1993 | 8/13/2008 | 8/31/2009 | 449,765,000 | 108,096,000 | 623,438,000 | 125,597,000 | |||||||||||||
GVT
|
8/31/08 | 6/1/2004 | 6/15/1992 | 3/19/2009 | 5/31/2010 | 8,803,000 | 1,119,000 | 12,672,000 | 3,872,000 | |||||||||||||
IBFA
|
8/31/08 | 4/1/2004 | 12/14/1992 | 9/18/2008 | 10/31/2009 | 14,018,000 | 1,798,000 | 18,882,000 | 5,323,000 | |||||||||||||
ICA
|
12/31/08 | 2/16/2005 | 7/29/1993 | 2/18/2009 | 4/30/2010 | 155,330,000 | 11,308,000 | 219,432,000 | 70,338,000 | |||||||||||||
IFA
|
7/31/08 | 1/1/2008 | 12/14/1993 | 12/11/2008 | 12/31/2009 | 189,791,000 | 16,006,000 | 311,145,000 | 49,660,000 | |||||||||||||
IGI
|
6/30/09 | 10/1/2008 | 9/4/2008 | 8/14/2008 | 12/31/2009 | 5,377,000 | 200,000 | 2,801,000 | 662,000 | |||||||||||||
LTEX
|
7/31/08 | 4/1/2004 | 9/24/1993 | 3/19/2009 | 5/31/2010 | 2,929,000 | 143,000 | 3,585,000 | 208,000 | |||||||||||||
MMF2
|
N/A | 5/1/2009 | 3/20/2009 | 3/19/2009 | 10/31/2010 | N/A | N/A | N/A | N/A | |||||||||||||
NEF
|
11/30/08 | 12/1/2000 | 10/13/1987 | 9/17/2008 | 11/30/2009 | 29,814,000 | 1,674,000 | 22,778,000 | 11,398,000 | |||||||||||||
NPF
|
9/30/08 | 1/1/2007 | 5/18/1993 | 12/16/2008 | 12/31/2009 | 197,153,000 | 11,165,000 | 167,471,000 | 51,127,000 | |||||||||||||
NWF
|
10/31/08 | 1/1/2009 | 4/19/1999 | 12/16/2008 | 12/31/2009 | 88,417,000 | 5,062,000 | 52,388,000 | 20,262,000 | |||||||||||||
SCWF
|
9/30/08 | 12/1/2000 | 4/17/1991 | 9/17/2008 | 11/30/2009 | 132,791,000 | 5,904,000 | 74,034,000 | 32,148,000 | |||||||||||||
STBF
|
8/31/08 | 9/21/2006 | 10/27/2006 | 9/18/2008 | 10/31/2009 | 1,950,000 | 135,000 | 1,779,000 | 276,000 | |||||||||||||
STEX3
|
9/30/08 | 10/2/1999 | 11/14/1990 | 9/18/2008 | 10/1/2009 | 2,623,000 | 98,000 | 311,000 | 194,000 | |||||||||||||
TEBF
|
8/31/08 | 6/1/2009 | 2/23/1994 | 3/19/2009 | 5/31/2010 | 17,272,000 | 1,177,000 | 20,540,000 | 1,335,000 | |||||||||||||
TEFCA
|
8/31/08 | 6/1/2004 | 2/14/1989 | 3/19/2009 | 5/31/2010 | 5,462,000 | 336,000 | 5,414,000 | 258,000 | |||||||||||||
TEFMD
|
7/31/08 | 12/1/1988 | 11/22/1988 | 6/18/2009 | 7/31/2010 | 577,000 | 37,000 | 1,083,000 | 67,000 | |||||||||||||
TEFVA
|
7/31/08 | 12/1/1988 | 11/22/1988 | 6/18/2009 | 7/31/2010 | 600,000 | 32,000 | 1,047,000 | 72,000 | |||||||||||||
WBF
|
9/30/08 | 11/1/2008 | 2/13/1990 | 9/18/2008 | 10/31/2009 | 34,469,000 | 3,294,000 | 28,541,000 | 7,410,000 | |||||||||||||
WGI
|
11/30/08 | 11/1/2007 | 1/25/1993 | 9/23/2008 | 10/31/2009 | 337,525,000 | 29,029,000 | 346,915,000 | 93,946,000 | |||||||||||||
WMIF
|
4/30/09 | 11/01/1990 | 10/4/1990 | 6/18/2009 | 8/31/2010 | 102,452,000 | 12,258,000 | 172,827,000 | 64,171,000 |
1 |
Investment
Advisory and Service Agreements or Investment Advisory Agreements with
terms expiring prior to the Shareholder Meetings will be reviewed by the
applicable Fund’s contracts committee and Board prior to their expiration.
|
2 |
MMF began
operations on May 1, 2009.
|
3 |
STEX converted to
a short-term tax-exempt bond fund (with a fiscal year end of July 31)
from The Tax-Exempt Money Fund of America (CTEX) on August 7, 2009.
CTEX adopted a July 31 fiscal year end in 2009, changing from its
previous fiscal year end of September 30. The amounts in this table
are for the fund as CTEX, and may not be indicative of the fees incurred
by STEX, as a short-term tax-exempt bond fund.
|
AFTD
|
AHIM
|
|
0.10%.
|
(a) 0.30%on the first $60
million
0.21% from $60 million to $1
billion
0.18% from $1 billion to $3
billion
0.15% in excess of $3 billion,
plus
(b) 3% of the Fund’s first
$3,333,333 of monthly gross income, plus 2.5% of such income over
$3,333,333.
|
AHIT
|
AMBAL
|
|
(a) 0.30%on the first $60
million
0.21% from $60 million to $1
billion
0.18% from $1 billion to $3
billion
0.16% from $3 billion to $6
billion
0.15% from $6 billion to $10
billion
0.14% from $10 billion to $15
billion
0.135% in excess of $15
billion, plus
(b) 3% of the Fund’s first
$8,333,333 of monthly gross income, plus 2.5% of such income from
$8,333,333 to $25 million, plus 2% of such income from $25 million to $50
million, plus 1.5% of such income in excess of $50 million.
|
0.42% on the first $500
million
0.324% from $500 million to $1
billion
0.30% from $1 billion to $1.5
billion
0.282% from $1.5 billion to $2.5
billion
0.27% from $2.5 billion to $4
billion
0.262% from $4 billion to $6.5
billion
0.255% from $6.5 billion to $10.5
billion
0.25% from $10.5 billion to $13
billion
0.245% from $13 billion to $17
billion
0.24% from $17 billion to $21
billion
0.235% from $21 billion to $27
billion
0.230% from $27 billion to $34
billion
0.225% from $34 billion to $44
billion
0.220% from $44 billion to $55
billion
0.215% from $55 billion to $71
billion
0.210% in excess of $71
billion.
|
|
AMCAP
|
AMF
|
|
.485% on the first $1 billion
.385% from $1 billion to $2
billion
.355% from $2 billion to $3
billion
.335% from $3 billion to $5
billion
.32% from $5 billion to $8
billion
.31% from $8 billion to $13
billion
.30% from $13 billion to $21
billion
.295% from $21 billion to $27
billion
.29% in excess of $27
billion.
|
The lower of:
“Old” schedule
0.39% on the first $800
million
0.336% from $800 million to $1.8
billion
0.30% from $1.8 billion to $3.0
billion
0.276% in excess of $3.0
billion.
or
“New” schedule
0.384% on the first $1
billion
0.33% from $1 billion to $2
billion
0.294% from $2 billion to $3
billion
0.27% from $3 billion to $5
billion
0.252% from $5 billion to $8
billion
0.24% from $8 billion to $13
billion
0.23% from $13 billion to $21
billion
0.225% in excess of $21
billion.
|
|
BFA
|
CIB
|
|
(a) 0.30%on the first $60
million
0.21% from $60 million to $1
billion
0.18% from $1 billion to $3
billion
0.16% from $3 billion to $6
billion
0.15% from $6 billion to $10
billion
0.14% from $10 billion to $16
billion
0.13% from $16 billion to $20
billion
0.12% from $20 billion to $28
billion
0.115% from $28 billion to $36
billion
0.11% from $36 billion,
plus
(b) 2.25%of the Fund’s first
$8,333,333 of monthly gross income, plus 2% of such income between
$8,333,333 and $41,666,667, plus 1.75% of such income in excess of
$41,666,667.
|
(a) 0.240% on the first
$1 billion
0.200% from $1 billion to $2
billion
0.180% from $2 billion to $3
billion
0.165% from $3 billion to $5
billion
0.155% from $5 billion to $8
billion
0.150% from $8 billion to $13
billion
0.145% from $13 billion to $17
billion
0.140% from $17 billion to $21
billion
0.135% from $21 billion to $27
billion
0.130% from $27 billion to $34
billion
0.125% from $34 billion to $44
billion
0.120% from $44 billion to $55
billion
0.117% from $55 billion to $71
billion
0.114% from $71 billion to $89
billion
0.112% from $89 billion to $115
billion
0.110% in excess of $115
billion, plus
(b) 3%of the Fund’s first
$100 million monthly gross Income and 2.5% of the monthly gross income
above $100 million.
|
EUPAC
|
FI
|
|
0.69% on the first $500
million
0.59% from $500 million to $1
billion
0.53% from $1 billion to $1.5
billion
0.50% from $1.5 billion to $2.5
billion
0.48% from $2.5 billion to $4
billion
0.47% from $4 billion to $6.5
billion
0.46% from $6.5 billion to $10.5
billion
0.45% from $10.5 billion to $17
billion
0.44% from $17 billion to $21
billion
0.43% from $21 billion to $27
billion
0.425% from $27 billion to $34
billion
0.42% from $34 billion to $44
billion
0.415% from $44 billion to $55
billion
0.410% from $55 billion to $71
billion
0.405% from $71 billion to $89
billion
0.40% from $89 billion to 115
billion
0.397% in excess of $115
billion.
|
the lower of:
“Old” schedule
0.39% on the first $800
million
0.336% from $800 million to $1.8
billion
0.30% from $1.8 billion to $3
billion
0.276% in excess of $3
billion.
or
“New” schedule
0.39% on the first $1
billion
0.336% from $1 billion to $2
billion
0.30% from $2 billion to $3
billion
0.276% from $3 billion to $5
billion
0.27% from $5 billion to $8
billion
0.258% from $8 billion to $13
billion
0.252% from $13 billion to $17
billion
0.250% from $17 billion to $21
billion
0.245% from $21 billion to $27
billion
0.240% from $27 billion to $34
billion
0.237% from $34 billion to $44
billion
0.234% from $44 billion to $55
billion
0.232% in excess of $55
billion.
|
|
GFA
|
GVT
|
|
0.50% on the first $1 billion
0.40% from $1 billion to $2
billion
0.37% from $2 billion to $3
billion
0.35% from $3 billion to $5
billion
0.33% from $5 billion to $8
billion
0.315% from $8 billion to $13
billion
0.30% from $13 billion to $21
billion
0.29% from $21 billion to $27
billion
0.285% from $27 billion to $34
billion
0.280% from $34 billion to $44
billion
0.275% from $44 billion to $55
billion
0.270% from $55 billion to $71
billion
0.265% from $71 billion to $89
billion
0.260% from $89 billion to $102.5
billion
0.255% from $102.5 billion to $116
billion
0.250% from $116 billion to $130
billion
0.245% from $130 billion to $144
billion
0.242% from $144 billion to $166
billion
0.239% from $166 billion to $188
billion
0.236% from $188 billion to $210
billion
0.233% in excess of $210
billion.
|
(a) 0.30%on the first $60
million
0.21% from $60 million to $1
billion
0.18% from $1 billion to $3
billion
0.15% from $3
billion
(b) 3% of the Fund’s first
$3,333,333 of monthly gross
income;plus 2.25% of such income between
$3,333,333
and$8,333,333; plus 2% of such income in
excess of
$8,333,333.
|
|
IBFA
|
ICA
|
|
(a) 0.30%on the first $60
million
0.21% from $60 million to $1
billion
0.18% from $1 billion to $3
billion
0.16% from $3 billion to $6
billion
0.15% in excess of $6 billion,
plus
(b) 3% of the Fund’s first
$3,333,333 of monthly gross income; plus 2.5% of such income between
$3,333,333 and $8,333,333; plus
2% of such income in excess of $8,333,333. |
0.39% on the first $1
billion
0.336% from $1 billion to $2
billion
0.30% from $2 billion to $3
billion
0.276% from $3 billion to $5
billion
0.258% from $5 billion to $8
billion
0.246% from $8 billion to $13
billion
0.24% from $13 billion to $21
billion
0.234% from $21 billion to $34
billion
0.231% from $34 billion to $44
billion
0.228% from $44 billion to $55
billion
0.225% from $55 billion to $71
billion
0.222% from $71 billion to $89
billion
0.219% in excess of $89
billion.
|
IFA
|
IGI
|
|
The lower of:
“Old” schedule
(a) 0.24%on the first $1
billion
0.20% from $1 billion to $2
billion
0.18% from $2 billion to $3
billion
0.165% from $3 billion to $5
billion
0.155% from $5 billion to $8
billion
0.15% from $8 billion to $13
billion
0.145% from $13 billion to $21
billion
0.14% in excess of $21 billion,
plus
(b) 2.25% of the Fund’s
monthly gross income for the preceding month.
or
“New”schedule
(a) 0.25%on the first $500
million
0.23% from $500 million to $1
billion
0.21% from $1 billion to $1.5
billion
0.19% from $1.5 billion to $2.5
billion
0.17% from $2.5 billion to $4
billion
0.16% from $4 billion to $6.5
billion
0.15% from $6.5 billion to
$10.5 billion
0.144% from $10.5 billion to
$13 billion
0.141% from $13 billion to $17
billion
0.138% from $17 billion to $21
billion
0.135% from $21 billion to $27
billion
0.133% from $27 billion to $34
billion
0.131% from $34 billion to $44
billion
0.129% from $44 billion to $55
billion
0.127% from $55 billion to $71
billion
0.125% from $71 billion to $89
billion
0.123% in excess of $89
billion, plus
(b) 2.25% of the Fund’s monthly gross
income for the preceding month.
|
0.69% on the first $500
million
0.59% from $500 million to $1
billion
0.53% in excess of $1
billion.
|
|
LTEX
|
MMF
|
|
(a) 0.30%on the first $60
million
0.18% from $60 million and $1
billion
0.15% in excess of $1 billion,
plus
(b) 3% of the Fund’s first
$3,333,333 of monthly gross income; plus 2.5% of such income in excess of
$3,333,333.
|
0.295% on the first $1
billion
0.285% from $1 billion to $2
billion
0.280% from $2 billion to $3
billion
0.275% from $3 billion to $5
billion
0.270% from $5 billion to $8
billion
0.265% from $8 billion to $13
billion
0.262% from $13 billion to $21
billion
0.259% from $21 billion to $34
billion
0.256% in excess of $34
billion.
|
|
NEF
|
NPF
|
|
The lower of:
“Old” schedule
0.60% on the first $300
million
0.48% from $300 million to $750
million
0.45% from $750 million to $1.25
billion
0.42% in excess of $1.25
billion.
or
“New” schedule
0.58% on the first $500
million
0.48% from $500 million to $1
billion
0.44% from $1 billion to $1.5
billion
0.41% from $1.5 billion to $2.5
billion
0.39% from $2.5 billion to $4
billion
0.38% from $4 billion to $6.5
billion
0.37% from $6.5 billion to $10.5
billion
0.365% from $10.5 billion to $13
billion
0.36% from $13 billion to $17
billion
0.355% from $17 billion to $21
billion
0.35% from $21 billion to $27
billion
0.345% in excess of $27
billion.
|
0.60% on the first $500
million
0.50% from $500 million to $1
billion
0.46% from $1 to $1.5
billion
0.43% from $1.5 to $2.5
billion
0.41% from $2.5 to $4
billion
0.40% from $4 to $6.5
billion
0.395% from $6.5 billion to $10.5
billion
0.39% from $10.5 billion to $17
billion
0.385% from $17 billion to $21
billion
0.38% from $21 billion to $27
billion
0.375% from $27 billion to $34
billion
0.37% from $34 billion to $44
billion
0.365% from $44 billion to $55
billion
0.36% in excess of $55
billion.
|
NWF
|
SCWF
|
|
0.85% on the first $500
million
0.77% from $500 million to $1
billion
0.71% from $1 billion to $1.5
billion
0.66% from $1.5 billion to $2.5
billion
0.62% from $2.5 billion to $4
billion
0.58% from $4 billion to $6.5
billion
0.54% from $6.5 billion to $10.5
billion
0.51% from $10.5 billion to $17
billion
0.50% from $17 billion to $21
billion
0.49% in excess of $21
billion.
|
0.80% on the first $1
billion
0.70% from $1 billion to $2
billion
0.67% from $2 billion to $3
billion
0.65% from $3 billion to $5
billion
0.635% from $5 billion to $8
billion
0.625% from $8 billion to $13
billion
0.615% from $13 billion to $17
billion
0.605% from $17 billion to $21
billion
0.60% from $21 billion to $27
billion
0.595% in excess of $27
billion.
|
|
STBF
|
STEX
|
|
0.36% on the first $500
million
0.33% from $500 million to $1
billion
0.30% from $1 billion to $1.5
billion
0.28% from $1.5 billion to $2.5
billion
0.26% in excess of $2.5
billion.
|
0.39% on the first $200
million
0.37% from $200 million to $600
million
0.33% from $600 million to $1.2
billion
0.29% in excess of $1.2
billion.
|
|
TEBF
|
TEFCA
|
|
(a) 0.30%on the first $60
million
0.21% $60 million to $1
billion
0.18% from $1 billion to $3
billion
0.15% from $3 billion to $6
billion
0.13% from $6 billion to $10
billion
0.12% in excess of $10 billion,
plus
(b) 3% of the Fund’s first
$3,333,333 of monthly gross income; plus 2.5% of such income between
$3,333,333 and $8,333,333; plus 2% of such income in excess of
$8,333,333.
|
(a) 0.30% on the first $60
million
0.21% from $60 million to $1
billion
0.18% in excess of $1 billion;
plus
(b) 3% of the Fund’s first
$3,333,333 of monthly gross income; plus 2.5% of such income in excess of
$3,333,333.
|
|
TEFMD/VA
|
WBF
|
|
(a) 0.165%on the first $60
million
0.12% in excess of $60 million,
plus
(b) 1.65%of the Fund’s gross
investment income for the preceding month.
|
0.57% on the first $1
billion
0.50% from $1 billion to $3
billion
0.45% from $3 billion to $6
billion
0.41% from $6 billion to $10
billion
0.38% in excess of $10
billion.
|
|
WGI
|
WMIF
|
|
0.600% on the first $500
million
0.500% from $500 million to $1
billion
0.460% from $1 billion to $1.5
billion
0.430% from $1.5 billion to $2.5
billion
0.410% from $2.5 billion to $4
billion
0.400% from $4 billion to $6.5
billion
0.395% from $6.5 billion to $10.5
billion
0.390% from $10.5 billion to $17
billion
0.385% from $17 billion to $21
billion
0.380% from $21 billion to $27
billion
0.375% from $27 billion to $34
billion
0.370% from $34 billion to $44
billion
0.365% from $44 billion to $55
billion
0.360% from $55 billion to $71
billion
0.356% from $71 billion to $89
billion
0.352% from $89 billion to $115
billion
0.350% in excess of $115
billion.
|
0.225% on the first $3
billion
0.21% from $3 billion to $8
billion
0.20% from $8 billion to $21
billion
0.195% from $21 billion to $34
billion
0.19% from $34 billion to $55
billion
0.185% from $55 billion to $71
billion
0.18% from $71 billion to $89
billion
0.177% in excess of $89
billion.
|
Fund(s) | Provision | |
AHIM, AHIT, CIB, EUPAC, IBFA, IGI, LTEX, NEF, NPF, NWF, SCWF, STEX, TEFCA, WBF, WGI | The Investment Adviser agrees that in the event the expenses of the Fund (with the exclusion of interest, taxes, brokerage costs, distribution expenses pursuant to a plan under Rule 12b-1 and extraordinary expenses such as litigation and acquisitions) for any fiscal year ending on a date on which this Investment Advisory and Service Agreement is in effect, exceed the expense limitations, if any, applicable to the Fund pursuant to state securities laws or any regulations thereunder, it will reduce its fee by the extent of such excess and, if required pursuant to any such laws or regulations, will reimburse the Fund in the amount of such excess. | |
AMBAL, GFA, IFA | The Adviser agrees to reduce the fee payable to it under this Agreement by the amount by which the ordinary operating expenses of the Fund for any fiscal year of the Fund, excluding interest, taxes and extraordinary expenses, shall exceed one and one-half percent (1 1/2%) of the first $30 million of average net assets of the Fund determined pursuant to Section 5, plus one percent (1%) of such average net assets in excess thereof. Costs incurred in connection with the purchase or sale of portfolio securities, including brokerage fees and commissions, which are capitalized in accordance with generally accepted accounting principles applicable to investment companies, shall be accounted for as capital items and not as expenses. Proper accruals shall be made by the Fund for any projected reduction hereunder, and corresponding amounts shall be withheld from the fees paid by the Fund to the Adviser. Any additional reduction computed at the end of the fiscal year shall be deducted from the fee for the last month of such fiscal year, and any excess shall be paid to the Fund immediately after the fiscal year end, and in any event prior to publication of the Fund’s annual report as a reduction of the fees previously paid during the fiscal year. | |
AMCAP | In addition to paying the costs and expenses provided for above, the Investment Adviser agrees to pay to the Fund annually, immediately after the fiscal year end and in any event prior to publication of its annual report, the amount by which the total expenses of the Fund for any particular fiscal year, except taxes and interest, exceed an amount equal to one percent (1%) of the average of the total net asset value of the Fund for the year. The average of the total net asset value for the year in question shall be the average of the twelve (12) month-end total net asset value computations made for that year pursuant to the provisions of paragraph 4 hereof. | |
AMF | In addition to paying the costs and expenses provided for above, the Investment Adviser agrees to pay the Fund annually the amount by which the total expenses for any particular fiscal year (November 1st to October 31st), except taxes and such expenses, if any, as may be incurred in connection with any merger, reorganization, or recapitalization, exceed the sum of the following: (i) an amount equal to one percent (1%) of the first $25 million of the average of the net assets for the year; and (ii) an amount equal to three-fourths of one percent ( 3/4 of 1%) of the average of the net assets for the year which is in excess of $25 million. The average of the net assets for the year in question shall be the average of the twelve (12) month-end net assets computations made for that year pursuant to the provisions of Section 3 hereof. | |
BFA | The Investment Adviser agrees to reduce the fee payable to it under this Agreement (a) by the amount by which ordinary operating expenses of the Fund for any fiscal year of the Fund, excluding interest, taxes and extraordinary expenses such as litigation, shall exceed the greater of (i) one percent (1%) of the average month-end net assets of the Fund for such fiscal year or (ii) ten percent (10%) of the Fund’s gross investment income, and (b) by any additional amount necessary to assure that such ordinary operating expenses of the Fund in any year after such reduction, do not exceed the lesser of (i) one and one-half percent (1 1/2%) of the first $30 million of average month-end assets of the Fund, plus one percent (1%) of the average month-end net assets in excess thereof or (ii) twenty-five percent (25%) of the Fund’s gross investment income. Costs incurred in connection with the purchase or sale of portfolio securities, including brokerage fees and commissions, which are capitalized in accordance with generally accepted accounting principles applicable to investment companies, shall be accounted for as capital items and not as expenses. Proper accruals shall be made by the Fund for any projected reduction hereunder, and corresponding amounts shall be withheld from the fees paid by the |
Fund(s) | Provision | |
Fund to the Investment Adviser. Any additional reduction computed at the end of the fiscal year shall be deducted from the fee for the last month of such fiscal year, and any excess shall be paid to the Fund immediately after the fiscal year end, and in any event prior to publication of the Fund’s Annual Report as a reduction of the fees previously paid during the fiscal year. | ||
FI | The Adviser agrees to reduce the fee payable to it under this Agreement by the amount by which the ordinary operating expenses of the Fund for any fiscal year of the Fund, excluding interest, taxes and extraordinary expenses, shall exceed one percent of the average net assets of the Fund determined pursuant to Section 5. Costs incurred in connection with the purchase or sale of portfolio securities, including brokerage fees and commissions, which are capitalized in accordance with generally accepted accounting principles applicable to investment companies, shall be accounted for as capital items and not as expenses. Proper accruals shall be made by the Fund for any projected reduction hereunder and corresponding amounts shall be withheld from the fees paid by the Fund to the Adviser. Any additional reduction computed at the end of the fiscal year shall be deducted from the fee for the last month of such fiscal year, and any excess shall be paid to the Fund immediately after the fiscal year end, and in any event prior to the publication of the Fund’s annual report, as a reduction of the fees previously paid during the fiscal year. | |
GVT | The fee payable pursuant to section 7 with respect to the Fund will be reduced (a) by the amount that the Fund’s annual ordinary net operating expenses for any fiscal year exceed 1.0% of the average month-end net assets of the Fund for such fiscal year and (b) by any additional amount necessary to assure that such expenses do not exceed the most restrictive applicable expense limitation (if any) in those states in which the Fund’s shares currently are being offered for sale. Expenses that are not subject to this limitation include interest, taxes, extraordinary items such as litigation and, with respect to state expense limitation provisions, any items excludable under such provisions. Expenditures, including costs incurred in connection with the purchase or sale of portfolio securities, which are capitalized in accordance with generally accepted accounting principles applicable to investment companies, are accounted for as capital items and not as expenses. | |
ICA | The Investment Adviser agrees that in the event the normal operating expenses of the Company, including the compensation paid to the Investment Adviser pursuant to Section 5 above, and the expenses of the Company referred to in Section 4 above but excluding interest, taxes, brokerage costs, distribution expenses pursuant to a plan under rule 12b-1 and extraordinary expenses such as litigation and acquisitions, for any fiscal year during which this Agreement is in effect, exceed the expense limitations applicable to the Company imposed by state securities laws or any regulations thereunder, the Investment Adviser will reduce its fee by the extent of such excess and, if required pursuant to any such laws or regulations, will reimburse the Company in the amount of such excess. Under the most restrictive State regulations, as of the effective date of this Agreement, the Investment Adviser would be required to reimburse the Company if the normal operating expenses exceed the lesser of (i) one and one-half percent (1 1/2%) of the average value of the Company’s net assets for the fiscal year up to $30 million, plus one percent (1%) of the average value of the Company’s net assets for the fiscal year in excess of $30 million, or (ii) twenty-five percent (25%) of the gross investment income of the Company. | |
TEBF | Within thirty days following the close of any fiscal year of the Fund, the Adviser will pay to the Fund a sum equal to the amount by which the aggregate expenses of the Fund incurred during such fiscal year, but excluding interest, taxes, brokerage costs, and extraordinary expenses such as litigation and acquisitions, exceed the lesser of either twenty-five (25%) of gross income of the Fund for the preceding year or the sum of (a) one and one-half percent (1 1/2 %) of the average daily net assets of the preceding year up to and including $30,000,000 and (b) one percent (1%) of any excess of average daily net assets of the preceding year over $30,000,000. The obligation of the Adviser to reimburse the Fund for expenses incurred for any year may be terminated or revised at any time by the Adviser to the Fund by notice in writing from the Adviser to the Fund, provided, however, that termination or revision of the Adviser’s obligation to reimburse for expenses is not to be effective with respect to the fiscal year within which such notice is given. |
Name of Director | Principal Occupation | |
Timothy D. Armour | President and Director, Capital Research and Management Company; Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, The Capital Group Companies, Inc.* | |
Kevin G. Clifford | President, Chief Executive Officer and Director, American Funds Distributors, Inc.*; Director, American Funds Service Company*; Director, Capital Research and Management Company; Director, Capital International Funds Company* | |
Mark E. Denning | Senior Vice President – Capital Research Global Investors, Capital Research Company; Director, Capital Research and Management Company; Director, Capital International Limited* | |
James E. Drasdo | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company | |
James K. Dunton | Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, Capital Research and Management Company | |
Abner D. Goldstine | Senior Vice President – Fixed-Income, Capital Research and Management Company; Director, Capital Research and Management Company | |
Joyce E. Gordon | Senior Vice President – Capital Research Global Investors, Capital Research and Management Company; Director, Capital Research and Management Company | |
Paul G. Haaga, Jr. | Vice Chairman, Capital Research and Management Company; Senior Vice President – Fixed-Income, Capital Research and Management Company | |
Carl M. Kawaja | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company; Director, Capital International, Inc.*; Director, Capital International Asset Management, Inc.* | |
Michael T. Kerr | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company | |
Robert W. Lovelace | Executive Vice President and Director, Capital Research and Management Company; Senior Vice President – Capital World Investors, Capital Research and Management Company | |
Mark R. Macdonald | Senior Vice President – Fixed-Income, Capital Research and Management Company; Director, Capital Research and Management Company | |
Robert G. O’Donnell | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company | |
Dina N. Perry | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company | |
John H. Phelan, Jr. | President and Director, American Funds Service Company*; Director, American Funds Distributors, Inc.*; Senior Vice President and Director, Capital Research and Management Company | |
James F. Rothenberg
(Principal Executive Officer)
|
Chairman of the Board and Principal Executive Officer, Capital Research and Management Company; Director and Non-Executive Chair, American Funds Distributors, Inc.*; Director and Non-Executive Chair, The Capital Group Companies, Inc.* | |
R. Michael Shanahan | Director and Chairman Emeritus, Capital Research and Management Company; Director, American Funds Distributors, Inc.*; Chairman of the Executive Committee, The Capital Group Companies, Inc.*; Chairman of the Board, Capital Management Services, Inc.*; Director, Capital Strategy Research, Inc.* | |
Eugene P. Stein | Senior Vice President – Capital World Investors, Capital Research and Management Company; Director, Capital Research and Management Company; Vice Chairman, Capital Strategy Research, Inc.* | |
Catherine M. Ward | Senior Vice President and Director, Capital Research and Management Company; Director, American Funds Service Company*; Chairperson and President, Capital Group Research, Inc.* | |
Gregory W. Wendt | Senior Vice President – Capital Research Global Investors, Capital Research Company; Director, Capital Research and Management Company; Director, American Funds Distributors, Inc.*; Director, Capital Management Services, Inc.* |
* | Company affiliated with Capital Research and Management Company |
Share Classes | ||||||||||
Fund | A | B | C | F-1 | F-2 | |||||
AFTD
|
221,194,945 | N/A | N/A | N/A | N/A | |||||
AHIM
|
135,797,898 | 3,455,495 | 9,685,079 | 12,263,627 | 2,411,988 | |||||
AHIT
|
966,438,957 | 55,000,170 | 110,013,363 | 144,238,915 | 30,472,113 | |||||
AMBAL
|
1,883,080,577 | 229,276,506 | 284,616,690 | 58,668,949 | 9,392,002 | |||||
AMCAP
|
818,165,753 | 46,759,383 | 71,537,293 | 93,236,951 | 15,786,895 | |||||
AMF
|
559,904,754 | 21,060,897 | 28,504,219 | 17,933,136 | 5,156,464 | |||||
BFA
|
2,295,576,195 | 114,450,642 | 258,862,910 | 276,094,992 | 54,216,759 | |||||
CIB
|
1,244,967,043 | 79,948,285 | 184,097,660 | 71,208,846 | 20,264,527 | |||||
EUPAC
|
1,078,940,497 | 28,352,356 | 75,697,337 | 195,560,094 | 62,376,224 | |||||
FI
|
955,664,721 | 31,613,738 | 58,333,639 | 112,170,540 | 15,293,191 | |||||
GFA
|
2,487,524,815 | 175,996,548 | 314,210,095 | 682,428,611 | 113,954,275 | |||||
GVT
|
362,651,176 | 27,560,786 | 52,067,417 | 14,285,701 | 4,222,531 | |||||
IBFA
|
393,087,952 | 16,305,786 | 25,770,876 | 36,958,995 | 17,826,770 | |||||
ICA
|
1,973,637,398 | 91,389,440 | 90,183,279 | 46,105,595 | 12,700,394 | |||||
IFA
|
3,266,712,107 | 207,132,326 | 408,158,404 | 130,529,234 | 24,813,044 | |||||
IGI
|
57,442,904 | 745,196 | 3,522,909 | 6,604,410 | 4,776,513 | |||||
LTEX
|
109,137,572 | 1,692,068 | 4,795,368 | 7,142,080 | 12,606,355 | |||||
MMF
|
1,455,395,367 | 12,613,582 | 17,143,839 | 1,507,671 | 169,134,093 | |||||
NEF
|
265,910,728 | 6,008,258 | 8,090,779 | 7,570,631 | 1,618,065 | |||||
NPF
|
1,319,415,908 | 45,461,573 | 57,340,286 | 34,890,358 | 10,162,054 | |||||
NWF
|
222,778,278 | 9,149,213 | 17,628,811 | 22,650,154 | 6,778,736 | |||||
SCWF
|
423,896,555 | 15,480,666 | 25,478,010 | 19,272,850 | 4,509,207 | |||||
STBF
|
231,094,037 | 8,292,827 | 23,417,886 | 16,795,267 | 21,878,552 | |||||
STEX
|
595,090,474 | N/A | N/A | N/A | N/A | |||||
TEBF
|
589,201,013 | 9,500,335 | 32,649,093 | 76,881,043 | 19,704,501 | |||||
TEFCA
|
86,538,697 | 1,092,910 | 6,869,590 | 7,731,980 | 6,183,677 | |||||
TEFMD
|
18,672,653 | 716,393 | 2,183,543 | 1,360,736 | 462,140 | |||||
TEFVA
|
21,399,136 | 583,131 | 1,892,255 | 1,799,972 | 763,685 | |||||
WBF
|
297,229,270 | 12,954,009 | 34,142,220 | 57,804,239 | 13,577,412 | |||||
WGI
|
1,691,022,323 | 94,497,207 | 195,740,330 | 124,506,409 | 27,971,869 | |||||
WMIF
|
1,695,271,412 | 67,925,482 | 80,834,606 | 74,657,759 | 14,035,631 |
Share Classes | ||||||||||
Fund | 529-A | 529-B | 529-C | 529-E | 529-F-1 | |||||
AFTD
|
N/A | N/A | N/A | N/A | N/A | |||||
AHIM
|
N/A | N/A | N/A | N/A | N/A | |||||
AHIT
|
15,741,933 | 2,115,914 | 6,249,857 | 880,903 | 683,286 | |||||
AMBAL
|
77,669,397 | 18,064,725 | 31,351,170 | 4,890,082 | 2,378,074 | |||||
AMCAP
|
28,283,803 | 4,779,832 | 8,430,337 | 1,656,349 | 1,190,236 | |||||
AMF
|
10,231,344 | 1,622,979 | 2,940,950 | 566,056 | 383,041 | |||||
BFA
|
58,298,878 | 7,214,672 | 28,337,295 | 3,174,441 | 2,888,574 | |||||
CIB
|
25,726,504 | 3,213,728 | 9,732,153 | 1,204,029 | 718,888 | |||||
EUPAC
|
19,786,895 | 2,509,697 | 7,765,816 | 1,117,128 | 1,313,324 | |||||
FI
|
20,745,758 | 2,203,902 | 6,254,860 | 925,726 | 870,776 | |||||
GFA
|
101,588,868 | 17,439,702 | 31,651,238 | 5,335,980 | 3,094,721 | |||||
GVT
|
10,395,777 | 1,889,220 | 5,584,719 | 634,400 | 654,129 |
Share Classes | ||||||||||
Fund | 529-A | 529-B | 529-C | 529-E | 529-F-1 | |||||
IBFA
|
14,770,094 | 1,775,955 | 5,434,247 | 796,372 | 2,661,428 | |||||
ICA
|
44,375,814 | 8,052,541 | 12,380,748 | 1,913,898 | 785,797 | |||||
IFA
|
43,305,316 | 6,613,442 | 17,273,800 | 2,067,284 | 1,273,006 | |||||
IGI
|
378,868 | 19,401 | 71,835 | 16,614 | 4,683 | |||||
LTEX
|
N/A | N/A | N/A | N/A | N/A | |||||
MMF
|
29,103,969 | 2,141,239 | 6,221,419 | 1,035,341 | 1,721,430 | |||||
NEF
|
4,801,757 | 666,892 | 1,628,011 | 261,112 | 211,675 | |||||
NPF
|
31,945,719 | 4,594,569 | 8,505,133 | 1,820,982 | 607,282 | |||||
NWF
|
7,876,863 | 846,631 | 1,877,043 | 417,642 | 292,184 | |||||
SCWF
|
13,697,900 | 1,783,115 | 5,263,240 | 821,082 | 1,126,396 | |||||
STBF
|
6,775,215 | 537,870 | 2,065,688 | 374,725 | 752,887 | |||||
STEX
|
N/A | N/A | N/A | N/A | N/A | |||||
TEBF
|
N/A | N/A | N/A | N/A | N/A | |||||
TEFCA
|
N/A | N/A | N/A | N/A | N/A | |||||
TEFMD
|
N/A | N/A | N/A | N/A | N/A | |||||
TEFVA
|
N/A | N/A | N/A | N/A | N/A | |||||
WBF
|
9,097,078 | 979,287 | 4,773,903 | 487,845 | 811,932 | |||||
WGI
|
51,428,573 | 5,687,997 | 14,203,667 | 2,304,435 | 1,363,815 | |||||
WMIF
|
36,251,310 | 6,354,836 | 11,562,451 | 2,095,693 | 1,810,572 |
Share Classes | ||||||||||||
Fund | R-1 | R-2 | R-3 | R-4 | R-5 | R-6 | ||||||
AFTD
|
4,276,087 | 132,387,490 | 145,892,360 | 60,751,420 | 27,706,475 | N/A | ||||||
AHIM
|
N/A | N/A | N/A | N/A | 4,920 | N/A | ||||||
AHIT
|
1,601,439 | 15,574,781 | 25,333,274 | 14,930,714 | 19,135,729 | 3,563,044 | ||||||
AMBAL
|
7,081,567 | 64,147,236 | 145,298,138 | 136,657,975 | 60,735,516 | 21,308,844 | ||||||
AMCAP
|
2,466,499 | 24,333,963 | 34,524,623 | 25,626,862 | 43,832,212 | 18,593,030 | ||||||
AMF
|
694,166 | 6,020,792 | 7,908,600 | 3,148,947 | 5,743,103 | 12,807,158 | ||||||
BFA
|
8,776,744 | 62,990,021 | 91,826,475 | 67,782,242 | 39,814,365 | 10,920,729 | ||||||
CIB
|
2,621,262 | 13,175,761 | 16,981,230 | 6,653,609 | 8,059,560 | 5,571,435 | ||||||
EUPAC
|
6,012,110 | 32,223,108 | 169,587,930 | 277,801,012 | 452,837,417 | 103,924,988 | ||||||
FI
|
2,956,058 | 16,179,205 | 48,115,260 | 45,320,093 | 38,771,694 | 12,094,257 | ||||||
GFA
|
19,338,973 | 96,549,720 | 462,602,865 | 639,192,708 | 607,332,602 | 24,222,076 | ||||||
GVT
|
1,002,897 | 14,443,370 | 12,623,281 | 11,323,535 | 3,860,620 | 23,904,978 | ||||||
IBFA
|
757,598 | 10,896,397 | 11,389,781 | 5,491,942 | 2,561,354 | 899,483 | ||||||
ICA
|
2,403,328 | 23,355,931 | 29,097,300 | 29,591,533 | 74,917,147 | 15,996,688 | ||||||
IFA
|
5,321,877 | 33,156,897 | 66,667,470 | 44,670,839 | 28,152,934 | 18,250,049 | ||||||
IGI
|
69,037 | 132,014 | 108,098 | 75,053 | 249,834 | 2,547,001 | ||||||
LTEX
|
N/A | N/A | N/A | N/A | N/A | N/A | ||||||
MMF
|
84,775 | 8,453,326 | 11,594,624 | 4,177,108 | 3,995,273 | 14,048 | ||||||
NEF
|
674,335 | 4,960,885 | 5,452,564 | 3,686,432 | 7,295,511 | 5,721,024 | ||||||
NPF
|
2,100,097 | 22,322,091 | 44,623,028 | 36,210,814 | 96,881,408 | 13,050,199 | ||||||
NWF
|
668,429 | 5,986,179 | 5,701,506 | 3,304,310 | 10,225,310 | 3,462,521 | ||||||
SCWF
|
1,175,767 | 20,105,479 | 17,285,642 | 12,186,583 | 8,817,440 | 9,467,454 | ||||||
STBF
|
307,338 | 1,369,559 | 1,015,893 | 507,140 | 920,024 | N/A | ||||||
STEX
|
N/A | N/A | N/A | N/A | N/A | N/A | ||||||
TEBF
|
N/A | N/A | N/A | N/A | 910 | N/A | ||||||
TEFCA
|
N/A | N/A | N/A | N/A | N/A | N/A | ||||||
TEFMD
|
N/A | N/A | N/A | N/A | N/A | N/A | ||||||
TEFVA
|
N/A | N/A | N/A | N/A | N/A | N/A | ||||||
WBF
|
755,222 | 6,092,518 | 6,589,100 | 4,173,752 | 5,543,244 | 4,107,374 | ||||||
WGI
|
5,919,680 | 36,861,000 | 62,409,735 | 51,384,862 | 47,838,210 | 10,608,514 | ||||||
WMIF
|
2,295,766 | 28,143,809 | 51,461,851 | 47,806,005 | 34,321,814 | 17,892,335 |
Share Classes | ||||||||||||||
Fund | A | R1 | R2 | R3 | R4 | R5 | R6 | |||||||
AFTD 2010
|
30,758,922 | 226,743 | 10,461,681 | 15,346,993 | 7,008,176 | 3,502,984 | N/A | |||||||
AFTD 2015
|
38,389,988 | 712,060 | 17,509,073 | 22,595,221 | 8,887,553 | 3,500,207 | N/A | |||||||
AFTD 2020
|
40,217,950 | 716,503 | 22,830,837 | 27,692,389 | 12,465,205 | 4,880,771 | N/A | |||||||
AFTD 2025
|
32,355,999 | 587,220 | 22,070,972 | 22,380,328 | 10,559,226 | 4,398,708 | N/A | |||||||
AFTD 2030
|
28,208,425 | 853,830 | 20,695,998 | 21,436,340 | 8,625,993 | 4,030,210 | N/A | |||||||
AFTD 2035
|
19,858,184 | 386,485 | 14,959,590 | 13,446,311 | 5,301,832 | 2,861,059 | N/A | |||||||
AFTD 2040
|
15,079,455 | 431,453 | 11,624,754 | 11,555,129 | 4,185,324 | 2,494,752 | N/A | |||||||
AFTD 2045
|
7,366,403 | 154,317 | 5,764,173 | 5,431,573 | 1,871,317 | 1,109,125 | N/A | |||||||
AFTD 2050
|
8,959,618 | 207,476 | 6,470,411 | 6,008,075 | 1,846,793 | 928,660 | N/A |
AHIM | AHIT | AMBAL | AMCAP | AMF | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Edward D. Jones & Co. Omnibus Account Maryland Heights, MO |
Record | A B C |
33,870,629 712,172 631,060 |
25.03 20.65 6.56 |
239,940,628 9,218,274 — |
24.85 16.75 — |
397,434,254 20,776,111 — |
21.10 9.06 — |
154,434,736 3,629,460 — |
18.87 7.76 — |
154,520,600 3,014,929 — |
27.59 14.31 — |
||||||||||||
First Clearing, LLC Custody Account St. Louis, MO |
Record | A B C F-1 |
12,480,283 390,344 1,097,705 740,125 |
9.22 11.32 11.41 6.07 |
79,963,790 6,491,940 15,394,045 17,330,871 |
8.28 11.80 14.02 12.06 |
131,990,953 22,144,551 31,167,781 4,198,749 |
7.01 9.65 10.95 7.16 |
64,594,160 4,113,732 7,724,179 4,677,933 |
7.89 8.79 10.80 5.02 |
35,762,260 1,517,858 3,254,771 1,074,105 |
6.39 7.20 11.42 6.00 |
||||||||||||
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | B C F-2 R-3 R-4 R-5 |
274,144 1,157,199 461,678 — — — |
7.95 12.03 19.18 — — — |
— 10,422,766 5,344,804 — — — |
— 9.49 17.63 — — — |
— 37,665,694 4,603,885 — — 4,645,256 |
— 13.23 49.04 — — 7.65 |
— 9,973,010 3,749,365 1,938,400 1,615,215 — |
— 13.95 23.84 5.61 6.30 — |
— 2,803,034 1,084,521 — — — |
— 9.84 21.09 — — — |
||||||||||||
Citigroup Global Markets, Inc. Omnibus Account New York, NY |
Record | C F-1 |
500,643 — |
5.21 — |
10,470,217 12,167,997 |
9.54 8.47 |
27,977,755 4,171,138 |
9.83 7.11 |
5,767,782 10,665,389 |
8.07 11.45 |
2,594,882 — |
9.11 — |
||||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | F-1 F-2 R-4 R-5 |
1,388,131 137,176 — — |
11.39 5.70 — — |
15,545,214 2,969,636 — 1,356,566 |
10.82 9.79 — 7.09 |
5,506,546 — — — |
9.39 — — — |
10,707,450 — — — |
11.49 — — — |
— 435,273 157,607 — |
— 8.46 5.01 — |
||||||||||||
LPL
Financial Omnibus Account San Diego, CA |
Record | F-1 F-2 |
— 261,301 |
— 10.85 |
— — |
— — |
3,621,227 723,941 |
6.18 7.71 |
— 2,323,321 |
— 14.77 |
1,051,733 — |
5.87 — |
||||||||||||
NFS, LLC FEBO; Commerce National Bank Dallas, TX |
Record; Beneficial |
F-2 | 248,675 | 10.33 | — | — | — | — | 8,482,821 | 5.17 | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #1 Irvine, CA |
Record Beneficial |
F-2 | 204,950 | 8.51 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #2 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | — | — | 1,217,452 | 7.74 | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #3 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | — | — | — | — | 608,954 | 11.84 | ||||||||||||
Hartford Life Insurance Co. Separate Account 401K Plan Hartford, CT |
Record Beneficial |
R-1 R-3 |
— — |
— — |
— — |
— — |
2,718,078 13,156,467 |
38.39 9.06 |
760,209 2,530,102 |
30.92 7.33 |
216,792 1,952,251 |
31.44 24.69 |
||||||||||||
ING Life Insurance & Annuity Hartford, CT | Record | R-3 | — | — | — | — | 21,493,613 | 14.79 | 9,347,147 | 15.25 | — | — | ||||||||||||
Nationwide Trust Company Columbus, OH | Record | R-3 R-5 |
— — |
— — |
4,283,092 2,541,403 |
16.91 13.28 |
23,135,604 4,536,560 |
5.10 7.47 |
2,403,493 — |
6.96 — |
— 495,954 |
— 8.64 |
||||||||||||
NFS, LLC FEBO; Transamerica Life Insurance Los Angeles, CA |
Record; Beneficial |
R-3 | — | — | — | — | — | — | 2,117,058 | 6.13 | — | — | ||||||||||||
Principal Financial Group Omnibus Account Des Moines, IA |
Record | R-3 | — | — | 1,266,377 | 5.00 | — | — | 2,556,964 | 7.30 | 731,489 | 5.42 | ||||||||||||
John Hancock Life Insurance Co. USA Omnibus Account, Boston, MA |
Record | R-4 | — | — | — | — | 29,904,827 | 21.89 | — | — | 5,618,981 | 17.47 | ||||||||||||
Wesco; 401K Plan Charlotte, NC |
Record; Beneficial |
R-4 | — | — | — | — | — | — | 2,003,600 | 7.82 | — | — | ||||||||||||
CenturyTel, Inc.; 401K Plan Owings Mills, MD |
Record; Beneficial |
R-4 | — | — | — | — | — | — | 1,558,269 | 6.08 | — | — |
AHIM | AHIT | AMBAL | AMCAP | AMF | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Boehringer Ingelheim Corporation; 401K Plan Pittsburgh, PA |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 5,611,269 | 12.80 | — | — | ||||||||||||
The
Capital Group Companies; Retirement Plans Los Angeles, CA |
Record; Beneficial |
R-5 | — | — | 4,674,927 | 24.43 | — | — | — | — | 958,300 | 16.68 | ||||||||||||
Delta; Retirement Plan Minneapolis, MN |
Record; Beneficial |
R-5 | — | — | 1,207,203 | 6.31 | — | — | — | — | — | — | ||||||||||||
Edward D. Jones & Co.; Retirement Plan Norwood, MA |
Record; Beneficial |
R-5 | — | — | 1,407,126 | 7.35 | — | — | — | — | 984,258 | 17.14 | ||||||||||||
Financial Insurance Services; Defined Benefit Plan La Jolla, CA |
Record; Beneficial |
R-5 | 4,724 | 96.43 | — | — | — | — | 8,482,821 | 5.17 | — | — | ||||||||||||
Northern California Pipe Trade Local 342 Phoenix, AZ |
Record | R-5 | — | — | 966,805 | 5.05 | — | — | — | — | — | — | ||||||||||||
NFS, LLC FEBO; 401K Plans Covington, KY |
Record; Beneficial |
R-5 | — | — | — | — | 14,870,462 | 24.48 | 16,241,220 | 37.05 | 925,469 | 16.11 | ||||||||||||
Saxon & Co.; Retirement Plan Philadelphia, PA |
Record; Beneficial |
R-5 | — | — | — | — | — | — | — | — | 317,483 | 5.53 | ||||||||||||
UBS Financial Services, Inc., Chicago, IL | Record | R-5 | — | — | — | — | 3,085,175 | 5.08 | — | — | — | — | ||||||||||||
Wells Fargo Bank NA FBO; Retirement Plan Minneapolis, MN |
Record; Beneficial |
R-5 | — | — | — | — | — | — | — | — | 512,293 | 8.92 | ||||||||||||
The Capital Group Companies
Charitable Foundation, Irvine,
CA
|
Record Beneficial |
R-6 | — | — | 2,270,349 | 63.72 | — | — | — | — | — | — | ||||||||||||
American Funds 2010 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | 1,278,746 | 35.89 | 2,626,902 | 12.33 | 1,405,169 | 7.56 | 1,657,327 | 12.94 | ||||||||||||
American Funds 2015 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 3,920,775 | 18.40 | 2,289,787 | 12.32 | 1,933,622 | 15.10 | ||||||||||||
American Funds 2020 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 4,477,405 | 21.01 | 3,121,431 | 16.79 | 2,216,532 | 17.31 | ||||||||||||
American Funds 2025 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 3,751,231 | 17.60 | 3,163,776 | 17.02 | 1,862,045 | 14.54 | ||||||||||||
American Funds 2030 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 2,767,682 | 12.99 | 3,114,545 | 16.75 | 1,675,000 | 13.08 | ||||||||||||
American Funds 2035 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 1,298,102 | 6.09 | 2,106,367 | 11.33 | 1,245,604 | 9.73 | ||||||||||||
American Funds 2040 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | — | — | 1,680,278 | 9.04 | 1,080,763 | 8.44 |
BFA | CIB | EUPAC | FI | GFA | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Edward D. Jones & Co. Omnibus Account Maryland Heights, MO |
Record | A B F-1 |
518,217,079 15,888,727 71,168,320 |
22.58 13.87 25.89 |
438,639,402 17,184,236 — |
35.22 21.48 — |
91,463,361 1,640,127 — |
8.48 5.78 — |
259,997,015 5,632,888 8,403,395 |
27.20 17.81 7.51 |
411,038,636 14,194,744 — |
16.52 8.06 — |
||||||||||||
First Clearing, LLC Custody Account St. Louis, MO |
Record | A B C F-1 R-1 |
188,920,068 10,713,972 28,121,363 17,658,745 — |
8.23 9.35 10.88 6.42 — |
109,993,334 8,750,121 25,208,152 7,189,628 168,334 |
8.83 10.94 13.69 10.10 6.42 |
69,598,413 2,911,848 8,691,759 18,920,907 — |
6.45 10.26 11.48 9.70 — |
68,171,859 2,310,822 5,957,442 — — |
7.13 7.31 10.22 — — |
174,136,655 17,006,638 34,169,264 46,967,671 — |
7.00 9.66 10.88 6.89 — |
||||||||||||
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | B C F-2 R-2 R-3 R-5 R-6 |
6,047,193 37,356,939 14,941,971 — 5,892,004 — — |
5.28 14.45 27.74 — 6.42 — — |
4,657,156 26,523,714 7,810,900 — — — — |
5.82 14.40 38.58 — — — — |
— 12,794,752 11,709,641 — — — 43,277,660 |
— 16.90 18.87 — — — 41.64 |
— 5,901,701 3,643,073 — — — — |
— 10.13 23.89 — — — — |
9,268,259 62,706,045 37,054,877 5,696,396 37,248,888 47,847,423 — |
5.26 19.96 32.64 5.90 8.05 7.88 — |
||||||||||||
Citigroup Global Markets, Inc. Omnibus Account, New York, NY |
Record | B C F-1 |
— 22,177,520 — |
— 8.58 — |
5,216,867 26,113,315 5,384,207 |
6.52 14.18 7.56 |
1,917,295 13,611,084 17,944,242 |
6.76 17.98 9.20 |
— 8,827,334 26,383,497 |
— 15.15 23.58 |
— 37,288,308 73,436,177 |
— 11.87 10.77 |
||||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | F-1 F-2 R-4 R-5 |
— — — — |
— — — — |
5,396,737 — — 737,801 |
7.58 — — 9.15 |
20,659,480 8,668,704 16,600,391 29,386,233 |
10.59 13.97 5.98 6.50 |
7,099,578 1,228,185 2,845,844 4,649,295 |
6.35 8.06 6.28 11.99 |
70,536,924 18,610,337 51,922,486 51,419,776 |
10.35 16.39 8.12 8.47 |
||||||||||||
LPL
Financial Omnibus Account, San Diego, CA |
Record | F-1 F-2 |
— — |
— — |
4,484,851 — |
6.30 — |
— — |
— — |
11,361,027 2,006,498 |
10.16 13.16 |
49,751,298 9,741,883 |
7.30 8.58 |
||||||||||||
Morgan Stanley & Co., Inc. Omnibus Account, Jersey City, NJ |
Record | F-1 | 18,671,037 | 6.79 | — | — | 11,191,153 | 5.74 | — | — | 44,523,998 | 6.53 | ||||||||||||
Hartford Life Insurance Co. Separate Account 401K Plan, Hartford, CT |
Record Beneficial |
R-1 R-3 |
2,545,878 7,215,220 |
29.01 7.86 |
1,120,684 3,330,700 |
42.75 19.61 |
2,292,166 — |
38.12 — |
835,307 — |
28.27 — |
8,587,673 23,222,433 |
44.43 5.02 |
||||||||||||
Church of God, Des Moines, IA | Record | R-1 | — | — | — | — | 446,045 | 7.42 | — | — | — | — | ||||||||||||
Great-West Life & Annuity Insurance Co. Greenwood Village, CO |
Record | R-3 | — | — | — | — | 10,636,563 | 6.27 | — | — | — | — | ||||||||||||
ING Life Insurance & Annuity, Hartford, CT | Record | R-3 | — | — | — | — | 13,795,397 | 8.14 | — | — | 35,844,652 | 7.75 | ||||||||||||
Nationwide Trust Company, Columbus, OH | Record | R-3 R-5 |
5,565,128 2,773,016 |
6.06 6.97 |
906,649 661,823 |
5.34 8.21 |
— — |
— — |
— — |
— — |
23,855,163 — |
5.16 — |
||||||||||||
NFS, LLC FEBO; Transamerica Life Insurance Los Angeles, CA |
Record; Beneficial |
R-3 | — | — | — | — | — | — | 3,532,154 | 7.34 | — | — | ||||||||||||
John Hancock Life Insurance Co. USA Omnibus Account, Boston, MA |
Record | R-4 | — | — | — | — | 21,094,702 | 7.59 | — | — | 32,814,263 | 5.13 | ||||||||||||
NFS, LLC FEBO; 401K Plans, Covington, KY | Record; Beneficial |
R-4 R-5 |
— — |
— — |
— — |
— — |
25,885,258 61,965,364 |
9.32 13.70 |
6,551,182 8,217,598 |
14.46 21.20 |
79,009,491 110,892,472 |
12.36 18.26 |
||||||||||||
NFS, LLC FEBO; Advisory Trust Company of Delaware, Phoenix, AZ | Record; Beneficial |
R-4 | — | — | 418,119 | 6.29 | — | — | — | — | — | — | ||||||||||||
Principal Financial Group Omnibus Account Des Moines, IA |
Record | R-4 | — | — | — | — | — | — | 2,793,511 | 6.16 | — | — | ||||||||||||
Trader Joe’s Company; Retirement Plan Englewood, CO |
Record; Beneficial |
R-4 | 7,694,532 | 11.35 | — | — | — | — | — | — | — | — |
BFA | CIB | EUPAC | FI | GFA | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
The
Capital Group Companies; Retirement Plans Los Angeles, CA |
Record; Beneficial |
R-5 | — | — | 1,696,663 | 21.06 | — | — | 2,116,641 | 5.46 | — | — | ||||||||||||
City of Portsmouth; 401K Plan Parsippany, NJ |
Record; Beneficial |
R-5 | 2,028,846 | 5.10 | — | — | — | — | — | — | — | — | ||||||||||||
Edward D. Jones & Co.; Retirement Plan Norwood, MA |
Record; Beneficial |
R-5 | — | — | 1,581,585 | 19.62 | — | — | 2,067,022 | 5.33 | — | — | ||||||||||||
Mount Sinai Medical Center; Retirement Plan New York, NY |
Record; Beneficial |
R-5 | 2,512,507 | 6.32 | — | — | — | — | — | — | — | — | ||||||||||||
Orlando Regional Healthcare System Retirement Plan, Englewood, CO |
Record Beneficial |
R-5 | 2,218,271 | 5.58 | — | — | — | — | — | — | — | — | ||||||||||||
Mac & Co.; Retirement Plan Pittsburgh, PA |
Record; Beneficial |
R-5 R-6 |
— — |
— — |
547,215 — |
6.79 — |
— — |
— — |
— — |
— — |
— 3,552,227 |
— 14.67 |
||||||||||||
UBS Financial Services, Inc., Chicago, IL | Record | R-5 | — | — | 515,903 | 6.40 | — | — | — | — | — | — | ||||||||||||
American Funds 2010 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | 4,523,020 | 41.42 | 878,822 | 15.77 | — | — | 1,191,675 | 9.85 | — | — | ||||||||||||
American Funds 2015 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | 4,658,739 | 42.66 | 985,493 | 17.69 | — | — | 1,652,643 | 13.66 | 1,315,894 | 5.43 | ||||||||||||
American Funds 2020 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | 1,713,302 | 15.69 | 1,122,820 | 20.15 | — | — | 1,894,742 | 15.67 | 1,797,748 | 7.42 | ||||||||||||
American Funds 2025 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | 943,151 | 16.93 | — | — | 1,585,779 | 13.11 | 1,853,401 | 7.65 | ||||||||||||
American Funds 2030 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | 785,042 | 14.09 | — | — | 1,540,523 | 12.74 | 1,824,562 | 7.53 | ||||||||||||
American Funds 2035 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | 386,898 | 6.94 | — | — | 1,272,063 | 10.52 | 1,231,122 | 5.08 | ||||||||||||
American Funds 2040 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | — | — | 1,079,594 | 8.93 | — | — | ||||||||||||
Wachovia Corporation; FBO 401K Plan Charlotte, NC |
Record; Beneficial |
R-6 | — | — | — | — | 14,451,529 | 13.91 | — | — | — | — | ||||||||||||
Wells Fargo Bank NA; FBO 401K Plan Minneapolis, MN |
Record; Beneficial |
R-6 | — | — | — | — | 19,489,543 | 18.75 | — | — | — | — | ||||||||||||
Wells Fargo Bank NA; FBO Retirement Plan Minneapolis, MN | Record; Beneficial |
R-6 | — | — | — | — | — | — | — | — | 1,370,366 | 5.66 | ||||||||||||
North State Telephone Company Retirement Plan, High Point, NC |
Record Beneficial |
R-6 | — | — | — | — | — | — | 765,870 | 6.33 | — | — | ||||||||||||
The
Depository Trust Co.; Retirement Plan Quincy, MA |
Record; Beneficial |
R-6 | — | — | — | — | — | — | — | — | 2,520,024 | 10.40 | ||||||||||||
Honda America Manufacturing; 401K Plan Marysville, OH |
Record; Beneficial |
R-6 | — | — | — | — | — | — | — | — | 1,425,798 | 5.89 |
GVT | IBFA | ICA | IFA | IGI | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Edward D. Jones & Co. Omnibus Account Maryland Heights, MO |
Record | A B R-1 |
61,389,316 2,690,031 — |
16.92 9.75 — |
56,861,540 1,294,362 — |
14.47 7.93 — |
414,116,457 11,855,272 — |
20.98 12.96 — |
971,089,783 34,768,177 — |
29.72 16.77 — |
16,328,551 214,514 5,765 |
28.46 28.77 8.40 |
||||||||||||
First Clearing, LLC Custody Account St. Louis, MO |
Record | A B C F-1 R-1 |
22,698,703 1,904,041 3,364,014 — — |
6.26 6.90 6.46 — — |
36,717,105 1,499,503 2,837,417 9,200,056 69,842 |
9.34 9.19 10.99 24.95 9.22 |
153,767,159 8,028,951 10,491,975 6,675,470 — |
7.79 8.78 11.63 14.49 — |
302,652,306 21,580,034 54,171,359 10,643,416 — |
9.26 10.41 13.27 8.16 — |
6,567,580 44,158 454,748 1,094,591 — |
11.45 5.92 12.95 16.62 — |
||||||||||||
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | B C F-2 R-5 |
2,659,083 10,561,655 1,227,338 410,900 |
9.64 20.29 29.06 10.64 |
1,019,329 2,896,221 1,550,943 — |
6.24 11.22 8.70 — |
— 12,329,350 3,490,582 — |
— 13.67 27.50 — |
14,566,940 65,084,685 10,299,443 — |
7.03 15.94 41.57 — |
— 265,784 356,482 — |
— 7.57 7.48 — |
||||||||||||
Citigroup Global Markets, Inc. Omnibus Account New York, NY | Record | A B C F-1 |
— — — — |
— — — — |
— — 1,516,731 — |
— — 5.88 — |
— 4,645,941 12,165,667 3,532,361 |
— 5.08 13.49 7.67 |
— 12,017,507 50,448,653 6,961,826 |
— 5.80 12.36 5.34 |
3,177,786 — 456,089 612,167 |
5.54 — 12.99 9.30 |
||||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | F-1 F-2 R-4 |
— — — |
— — — |
— — — |
— — — |
2,806,160 1,027,671 — |
6.09 8.10 — |
11,991,731 — 2,232,456 |
9.19 — 5.00 |
345,690 — — |
5.25 — — |
||||||||||||
LPL
Financial Omnibus Account San Diego, CA |
Record | F-1 F-2 |
916,865 — |
6.41 — |
— — |
— — |
— — |
— — |
12,031,371 1,432,942 |
9.22 5.78 |
— — |
— — |
||||||||||||
PFPC, Inc. FBO; JJB Hilliard WL Lyons, Inc. King of Prussia, PA |
Record; Beneficial |
F-1 | — | — | 5,360,182 | 14.54 | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #4 Irvine, CA |
Record Beneficial |
F-2 | 221,649 | 5.25 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #5 Irvine, CA |
Record Beneficial |
F-2 | — | — | 3,199,321 | 17.94 | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #6 Irvine, CA |
Record Beneficial |
F-2 | — | — | 2,745,801 | 15.40 | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #7 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | 709,075 | 5.59 | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #8 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | — | — | — | — | 656,939 | 13.78 | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #9 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | — | — | — | — | 364,227 | 7.64 | ||||||||||||
VCSP/CollegeAmerica; Individual Investor #1 Raleigh, NC | Record; Beneficial |
529-B | — | — | — | — | — | — | — | — | 2,784 | 14.34 | ||||||||||||
VCSP/CollegeAmerica; Individual Investor #2 San Diego, CA |
Record; Beneficial |
529-B | — | — | — | — | — | — | — | — | 2,113 | 10.88 | ||||||||||||
VCSP/CollegeAmerica; Individual Investor #3 Sunbury, PA | Record; Beneficial |
529-B | — | — | — | — | — | — | — | — | 980 | 5.04 | ||||||||||||
VCSP/CollegeAmerica; Individual Investor #4 Irvine, CA |
Record; Beneficial |
529-F1 | — | — | — | — | — | — | — | — | 653 | 13.94 |
GVT | IBFA | ICA | IFA | IGI | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
VCSP/CollegeAmerica; Individual Investor #5 Franklin, TN | Record; Beneficial |
529-F1 | — | — | — | — | — | — | — | — | 578 | 12.32 | ||||||||||||
VCSP/CollegeAmerica; Individual Investor #6 Eugene, OR | Record; Beneficial |
529-F1 | — | — | — | — | — | — | — | — | 488 | 10.42 | ||||||||||||
Capital Research & Management Company Corporate
Account Irvine, CA |
Record | 529-F1 R-1 R-2 R-3 R-4 |
— — — — — |
— — — — — |
— — — — — |
— — — — — |
— — — — — |
— — — — — |
— — — — — |
— — — — — |
408 40,000 40,000 40,000 40,000 |
8.72 58.31 30.30 37.01 53.31 |
||||||||||||
VCSP/CollegeAmerica; Individual Investor #7 Davidson, NC | Record; Beneficial |
529-F1 | — | — | — | — | — | — | — | — | 275 | 5.88 | ||||||||||||
VCSP/CollegeAmerica; Individual Investor #8 Madison, GA | Record; Beneficial |
529-F1 | — | — | — | — | — | — | — | — | 235 | 5.02 | ||||||||||||
VCSP/CollegeAmerica; Individual Investor #9 Lynchburg, VA | Record; Beneficial |
529-E | — | — | — | — | — | — | — | — | 3,210 | 19.32 | ||||||||||||
Family Products, LLC; Retirement Plan Van Nuys, CA |
Record; Beneficial |
R-1 | — | — | 73,344 | 9.68 | — | — | — | — | — | — | ||||||||||||
Hartford Life Insurance Co. Separate Account 401K Plan, Hartford, CT | Record Beneficial |
R-1 R-3 |
— — |
— — |
— — |
— — |
934,296 3,921,451 |
38.89 13.48 |
2,333,824 6,359,933 |
43.86 9.54 |
— — |
— — |
||||||||||||
Bolliger, Inc.; 401K Plan, Englewood, CO | Record; Beneficial |
R-3 | — | — | — | — | — | — | — | — | 15,626 | 14.46 | ||||||||||||
ING Life Insurance & Annuity, Hartford, CT | Record | R-3 | — | — | — | — | — | — | 9,879,584 | 14.82 | — | — | ||||||||||||
Nationwide Trust Company Columbus, OH |
Record | R-3 R-5 |
— 264,122 |
— 6.84 |
717,320 309,421 |
6.30 12.08 |
— — |
— — |
3,580,688 3,356,725 |
5.37 11.92 |
— — |
— — |
||||||||||||
John Hancock Life Insurance Co. USA Omnibus Account, Boston, MA |
Record | R-4 | 1,533,284 | 13.55 | — | — | 6,689,738 | 22.61 | — | — | — | — | ||||||||||||
Lincoln Life Insurance Company Omnibus Account Fort Wayne, IN | Record | R-4 | — | — | — | — | 6,862,191 | 23.19 | — | — | — | — | ||||||||||||
The Montgomery, Co., Inc.; Profit Sharing Plan Hadley, MA | Record; Beneficial |
R-4 | — | — | — | — | — | — | — | — | 10,034 | 13.37 | ||||||||||||
NFS, LLC FEBO; State Street Bank Trust Co. Purchase, NY | Record; Beneficial |
R-4 | — | — | — | — | — | — | 2,518,171 | 5.64 | — | — | ||||||||||||
Principal Financial Group Omnibus Account Des Moines, IA |
Record | R-1 R-4 |
— — |
— — |
— — |
— — |
149,932 — |
6.24 — |
— 2,804,206 |
— 6.28 |
— — |
— — |
||||||||||||
Profit Sharing Plan #1, Rolling Hills Estates, CA | Beneficial | R-4 | — | — | — | — | — | — | — | — | 4,889 | 6.52 | ||||||||||||
Trader Joe’s Company; Retirement Plan Englewood, CO |
Record; Beneficial |
R-4 | 3,573,705 | 31.57 | — | — | — | — | — | — | — | — | ||||||||||||
Axeltech International, Inc.; Retirement Plan Minneapolis, MN | Record; Beneficial |
R-5 | — | — | 132,166 | 5.16 | — | — | — | — | — | — | ||||||||||||
The
Capital Group Companies; Retirement Plans Los Angeles, CA |
Record; Beneficial |
R-5 | 817,472 | 21.17 | 485,715 | 18.96 | — | — | — | — | 229,902 | 92.02 | ||||||||||||
Edward D. Jones & Co.; Retirement Plan Norwood, MA |
Record; Beneficial |
R-5 | 433,401 | 11.23 | — | — | — | — | 2,718,746 | 9.66 | — | — | ||||||||||||
Intersil Corporation; Profit Sharing Plan Baltimore, MD |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 2,531,995 | 8.99 | — | — |
GVT | IBFA | ICA | IFA | IGI | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Jackson Clinic; Profit Sharing Plan Atlanta, GA |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 1,406,775 | 5.00 | — | — | ||||||||||||
NFS, LLC FEBO; KLA-Tencor Corporation Retirement Plan, Lewisville, TX |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 1,613,714 | 5.73 | — | — | ||||||||||||
Lockheed Martin Corporation; Retirement Plan Quincy, MA | Record; Beneficial |
R-5 | — | — | — | — | 40,051,840 | 53.46 | — | — | — | — | ||||||||||||
Mercer Trust Company Abbott Laboratories Retirement
Plan Norwood, MA |
Record Beneficial |
R-5 | — | — | — | — | 6,899,424 | 9.21 | — | — | — | — | ||||||||||||
Mac & Co.; Retirement Plan Pittsburgh, PA |
Record; Beneficial |
R-5 | — | — | 273,333 | 10.67 | — | — | 3,506,876 | 12.46 | — | — | ||||||||||||
Schenck SC; 401K Plan Pittsburgh, PA |
Record; Beneficial |
R-5 | — | — | 221,360 | 8.64 | — | — | — | — | — | — | ||||||||||||
UBS
Financial Services, Inc. Chicago, IL |
Record | R-5 | 342,778 | 8.88 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2010 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | 3,620,852 | 15.15 | 899,483 | 100.00 | 1,505,898 | 9.41 | 2,815,407 | 15.43 | — | — | ||||||||||||
American Funds 2015 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | 4,960,370 | 20.75 | — | — | 2,363,208 | 14.77 | 3,157,342 | 17.30 | 404,082 | 15.87 | ||||||||||||
American Funds 2020 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | 5,716,680 | 23.91 | — | — | 2,711,207 | 16.95 | 3,597,848 | 19.71 | 458,974 | 18.02 | ||||||||||||
American Funds 2025 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | 3,585,352 | 15.00 | — | — | 2,271,281 | 14.20 | 3,021,779 | 16.56 | 397,205 | 15.59 | ||||||||||||
American Funds 2030 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | 2,191,075 | 9.17 | — | — | 2,185,976 | 13.67 | 2,515,299 | 13.78 | 348,730 | 13.69 | ||||||||||||
American Funds 2035 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | 1,460,893 | 6.11 | — | — | 1,672,811 | 10.46 | 1,239,599 | 6.79 | 322,892 | 12.68 | ||||||||||||
American Funds 2040 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | — | — | — | — | 1,412,988 | 8.83 | — | — | 260,514 | 10.23 | ||||||||||||
American Funds 2050 Target Date Retirement Fund Norfolk, VA |
Record | R-6 | — | — | — | — | — | — | — | — | 139,501 | 5.48 |
LTEX | MMF 1 | NEF | NPF | NWF | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Edward D. Jones & Co. Omnibus Account Maryland Heights, MO |
Record | A B |
13,952,600 171,088 |
12.84 10.07 |
1,972,216,415 82,550,980 |
8.85 10.83 |
33,023,203 379,149 |
12.42 6.31 |
217,167,196 4,627,796 |
16.45 10.17 |
42,005,201 1,142,064 |
18.86 12.48 |
||||||||||||
First Clearing, LLC Custody Account St. Louis, MO |
Record | A B C F-1 R-1 |
12,728,322 184,442 510,550 750,810 — |
11.71 10.85 10.63 10.54 — |
1,900,319,594 87,682,098 91,319,143 7,543,094 — |
8.53 11.50 11.33 8.36 —
|
23,125,183 440,476 1,197,389 526,627 — |
8.69 7.33 14.81 6.96 — |
84,538,448 3,158,388 5,562,742 3,189,984 — |
6.41 6.94 9.70 9.17 —
|
19,079,883 608,386 2,432,905 4,302,775 38,339 |
8.57 6.65 13.81 19.07 5.74 |
||||||||||||
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | B C F-2 R-3 |
318,911 1,072,527 1,242,326 — |
18.77 22.34 9.87 — |
— — — — |
— — — — |
— 549,496 489,235 359,734 |
— 6.80 30.23 6.58 |
— 8,842,932 5,231,594 — |
— 15.42 51.21 — |
— 1,116,196
800,017 —
|
— 6.34
11.90 — |
||||||||||||
Citigroup Global Markets, Inc. Omnibus Account New York, NY |
Record | C F-1 |
329,551 — |
6.86 — |
70,031,637 —
|
8.69 —
|
551,512 626,462 |
6.82 8.28 |
7,856,549 2,873,270 |
13.70 8.26 |
1,574,096 1,171,333 |
8.94 5.19 |
||||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | F-1 R-4 |
— — |
— —
|
— —
|
— —
|
387,633 — |
5.12 — |
3,104,900 1,850,880 |
8.93 5.11 |
2,482,702 —
|
11.00 — |
||||||||||||
LPL
Financial Omnibus Account San Diego, CA |
Record | F-1 F-2 |
— — |
— — |
— —
|
— —
|
444,377 98,551 |
5.87 6.09 |
2,227,649 — |
6.41 — |
— —
|
— —
|
||||||||||||
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | F-1 | 391,349 | 5.50 | — | — | — | — | — | — | — | — | ||||||||||||
Penson Financial Services, Inc. FBO Individual Investor, Bloomfield, MI |
Record Beneficial |
F-1 | 616,809 | 8.66 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #10 Irvine, CA |
Record Beneficial |
F-2 | 1,033,518 | 8.21 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #11 Irvine, CA |
Record Beneficial |
F-2 | — | — | 19,898,148 | 11.64 | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #12 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | 220,268 | 13.61 | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #13 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | 125,541 | 7.76 | — | — | — | — | ||||||||||||
The
Gravbrot Family Dental Clinic; 401K Plan Yakima, WA |
Record; Beneficial |
R-1 | — | — | — | — | — | — | — | — | 49,228 | 7.37 | ||||||||||||
Hartford Life Insurance Co. Separate Account 401K Plan, Hartford, CT |
Record Beneficial |
R-1 R-3 |
— —
|
— —
|
— —
|
— —
|
272,907 413,732 |
40.48 7.57 |
789,816 3,441,969 |
37.61 7.71 |
— —
|
— —
|
||||||||||||
Principal Financial Group Omnibus Account Des Moines, IA |
Record | R-1 R-3 |
— —
|
— —
|
— —
|
— —
|
— —
|
— —
|
166,518 2,589,330 |
7.93 5.80 |
— —
|
— —
|
||||||||||||
Delaware Charter Guarantee & Trust FBO Retirement Plans, Des Moines, IA |
Record Beneficial |
R-3 | — | — | — | — | — | — | 2,431,869 | 5.45 | — | — | ||||||||||||
ING
Life Insurance & Annuity Hartford, CT |
Record | R-3 R-4 |
— —
|
— —
|
— —
|
— —
|
— —
|
— —
|
8,216,572 5,359,576 |
18.41 14.80 |
— —
|
— —
|
||||||||||||
NFS, LLC FEBO; Transamerica Life Insurance Los Angeles, CA |
Record; Beneficial |
R-3 | — | — | — | — | — | — | 2,983,180 | 6.69 | — | — | ||||||||||||
ING National Trust, Hartford, CT | Record | R-4 | — | — | — | — | — | — | 2,402,013 | 6.63 | — | — | ||||||||||||
John Hancock Life Insurance Co. USA Omnibus Account, Boston, MA |
Record | R-4 | — | — | — | — | — | — | — | — | 181,018 | 5.48 |
LTEX | MMF 1 | NEF | NPF | NWF | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Lincoln Life Insurance Company Omnibus Account, Fort Wayne, IN |
Record | R-4 | — | — | — | — | — | — | 2,754,635 | 7.61 | — | — | ||||||||||||
NFS, LLC FEBO; 401K Plans Covington, KY |
Record; Beneficial |
R-5 | — | — | — | — | 395,721 | 5.42 | 7,979,522 | 8.24 | 4,651,277 | 45.49 | ||||||||||||
ADP/Lowes; 401K Plan Boston, MA |
Record; Beneficial |
R-5 | — | — | — | — | 866,162 | 11.87 | — | — | — | — | ||||||||||||
The
Capital Group Companies Retirement Plans, Los Angeles, CA |
Record Beneficial |
R-5 | — | — | 116,933,139 | 31.40 | 2,211,208 | 30.31 | — | — | 2,853,571 | 27.91 | ||||||||||||
Edward D. Jones & Co.; Retirement Plan Norwood, MA |
Record; Beneficial |
R-5 | — | — | 34,876,815 | 9.37 | 648,092 | 8.88 | — | — | — | — | ||||||||||||
Edward D. Jones & Co.; Profit Sharing Plan Norwood, MA |
Record; Beneficial |
R-5 | — | — | 27,848,175 | 7.48 | — | — | — | — | — | — | ||||||||||||
Lockheed Martin Corporation Retirement Plan, Quincy, MA |
Record Beneficial |
R-5 | — | — | — | — | — | — | 48,692,331 | 50.26 | — | — | ||||||||||||
Mac & Co.; Retirement Plan Pittsburgh, PA |
Record; Beneficial |
R-5 |
— |
— |
— |
— |
808,970 |
11.09 |
5,885,858 |
6.08 |
— |
— |
||||||||||||
Saxon & Co.; FBO Hilliard Lyons Profit Sharing Plan, Philadelphia, PA |
Record; Beneficial |
R-5 | — | — | — | — | 481,207 | 6.60 | — | — | — | — | ||||||||||||
UBS Financial Services, Inc., Chicago, IL | Record | R-5 | — | — | — | — | 417,507 | 5.72 | — | — | 676,334 | 6.61 | ||||||||||||
American Funds 2010 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | — | — | 1,109,932 | 8.51 | 202,737 | 5.86 | ||||||||||||
American Funds 2015 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | — | — | 1,788,985 | 13.71 | 355,141 | 10.26 | ||||||||||||
American Funds 2020 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 911,776 | 15.94 | 2,380,428 | 18.24 | 549,092 | 15.86 | ||||||||||||
American Funds 2025 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 1,243,213 | 21.73 | 2,200,631 | 16.86 | 615,708 | 17.78 | ||||||||||||
American Funds 2030 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 1,286,871 | 22.49 | 2,012,754 | 15.42 | 619,880 | 17.90 | ||||||||||||
American Funds 2035 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 875,360 | 15.30 | 1,363,707 | 10.45 | 418,037 | 12.07 | ||||||||||||
American Funds 2040 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 696,141 | 12.17 | 1,086,923 | 8.33 | 334,784 | 9.67 | ||||||||||||
American Funds 2045 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 334,691 | 5.85 | — | — | — | — | ||||||||||||
American Funds 2050 Target Date Retirement Fund, Norfolk, VA |
Record | R-6 | — | — | — | — | 372,973 | 6.52 | — | — | 179,311 | 5.18 | ||||||||||||
Capital Research & Management Company Corporate Account, Irvine, CA |
Record | R-6 | — | — | 10,000 | 71.18 | — | — | — | — | — | — | ||||||||||||
Pennsylvania Restaurant Association Retirement Plan, Harrisburg, PA |
Record Benficial |
R-6 | — | — | 4,001 | 28.48 | — | — | — | — | — | — |
SCWF | STBF | STEX 2 | TEBF | TEFCA | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Edward D. Jones & Co. Omnibus Account, Maryland Heights, MO |
Record | A B F-1 R-1 |
53,864,854 1,032,208 —
—
|
12.71 6.66 —
—
|
21,319,013 653,362 —
30,380
|
9.24 7.88 — 9.89 |
32,222,510 — —
—
|
5.41 — —
—
|
109,471,537 1,476,728 11,731,575 —
|
18.64 15.55 15.33 — |
11,587,319 105,037 —
—
|
13.43 9.63 —
—
|
||||||||||||
First Clearing LLC Custody Account St. Louis, MO |
Record | A B C F-1 |
39,554,516 1,355,182 3,138,207 5,645,597 |
9.33 8.75 12.32 29.33 |
27,516,736 1,019,582 2,859,447 1,363,592 |
11.93 12.30 12.19 8.15 |
36,021,579 — —
—
|
6.05 — —
—
|
65,048,001 1,199,181 3,027,643 — |
11.08 12.63 9.32 —
|
7,226,824 111,108 814,561 —
|
8.37 10.18 11.90 — |
||||||||||||
Citigroup Global Markets, Inc. Omnibus Account, New York, NY |
Record | A C F-1 |
— 2,545,380
1,322,953 |
— 9.99
6.87 |
— 1,241,854
—
|
— 5.30
— |
— —
—
|
— —
—
|
— 2,120,122
6,570,789 |
— 6.52
8.59 |
4,757,055 443,717 410,094 |
5.51 6.48 5.32 |
||||||||||||
Trust Account #1, Los Angeles, CA | Record | A | — | — | — | — | 33,000,000 | 5.54 | — | — | — | — | ||||||||||||
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | B C F-2 |
— 1,940,663
1,344,239 |
— 7.62
30.17 |
638,604 2,494,924 —
|
7.70 10.64 — |
— —
—
|
— —
—
|
752,908 5,302,799 2,715,473 |
7.93 16.32 13.80 |
116,236 1,451,459 473,517 |
10.65 21.20 7.67 |
||||||||||||
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | B | — | — | — | — | — | — | — | — | 69,543 | 6.37 | ||||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | F-1 F-2 |
— —
|
— —
|
1,105,637 —
|
6.60 —
|
— —
|
— —
|
4,728,502 —
|
6.18 —
|
726,005 517,365 |
9.42 8.38 |
||||||||||||
LPL
Financial Omnibus Account San Diego, CA |
Record | F-1 F-2 |
— —
|
— —
|
1,783,915 —
|
10.66 — |
— —
|
— —
|
— 994,615
|
— 5.06
|
644,208 —
|
8.36 —
|
||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #14 Irvine, CA |
Record Beneficial |
F-2 | 295,964 | 6.64 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #15 Irvine, CA |
Record Beneficial |
F-2 | — | — | 8,285,061 | 37.90 | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #16 Irvine, CA |
Record Beneficial |
F-2 | — | — | 1,920,428 | 8.78 | — | — | — | — | — | — | ||||||||||||
Mesirow Financial, Inc. FBO Defined Benefit Pension Plan, Chicago, IL |
Record Beneficial |
R-1 | — | — | 53,375 | 17.38 | — | — | — | — | — | — | ||||||||||||
Profit Sharing Plan #2, Dallas, PA | Beneficial | R-1 | — | — | 21,209 | 6.91 | — | — | — | — | — | — | ||||||||||||
Profit Sharing Plan #3, Presto, PA | Beneficial | R-1 | — | — | 19,813 | 6.45 | — | — | — | — | — | — | ||||||||||||
Griggs & Browne; 401K Plan Englewood, CO |
Record; Beneficial |
R-2 | — | — | 119,887 | 8.85 | — | — | — | — | — | — | ||||||||||||
Profit Sharing Plan #4, Englewood, CO | Beneficial | R-2 | — | — | 73,824 | 5.45 | — | — | — | — | — | — | ||||||||||||
American Stair Corporation; 401K Plan Englewood, CO |
Record; Beneficial |
R-3 | — | — | 52,224 | 5.15 | — | — | — | — | — | — | ||||||||||||
Bazan Painting Company; Retirement Plan Greenwood Village, CO |
Record; Beneficial |
R-3 | — | — | 78,113 | 7.70 | — | — | — | — | — | — | ||||||||||||
Grenadier, Anderson, Starace & Duffett; Profit Sharing Plan, Greenwood Village, CO | Record; Beneficial |
R-3 | — | — | 60,584 | 5.97 | — | — | — | — | — | — | ||||||||||||
Univertical Corporation; 401K Plan Englewood, CO |
Record; Beneficial |
R-3 | — | — | 56,512 | 5.57 | — | — | — | — | — | — | ||||||||||||
City National Bank, Los Angeles, CA | Record | R-4 | — | — | 177,808 | 35.10 | — | — | — | — | — | — |
SCWF | STBF | STEX 2 | TEBF | TEFCA | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Jewish Healthcare Center, Inc.; 401K Plan Englewood, CO | Record; Beneficial |
R-4 | — | — | 29,597 | 5.84 | — | — | — | — | — | — | ||||||||||||
Lincoln Life Insurance Company Omnibus Account Fort Wayne, IN | Record | R-4 | 2,776,394 | 22.78 | — | — | — | — | — | — | — | — | ||||||||||||
Thompson & Bowie, LLP, Greenwood Village, CO | Record | R-4 | — | — | 68,368 | 13.50 | — | — | — | — | — | — | ||||||||||||
NFS, LLC FEBO; 401K Plans, Covington, KY | Record; Beneficial |
R-5 | 621,165 | 7.04 | — | — | — | — | — | — | — | — | ||||||||||||
NFS, LLC FEBO; Advisory Trust Co. of Delaware Phoenix, AZ | Record; Beneficial |
R-4 | — | — | 48,892 | 9.65 | — | — | — | — | — | — | ||||||||||||
The
Capital Group Companies; Retirement Plans Los Angeles, CA |
Record; Beneficial |
R-5 | 2,668,854 | 30.27 | 670,345 | 72.97 | — | — | — | — | — | — | ||||||||||||
Cardone Industries, Inc.; 401K Plan, Denver, CO | Record; Beneficial |
R-5 | — | — | 125,579 | 13.67 | — | — | — | — | — | — | ||||||||||||
Edward D. Jones & Co.;
Retirement Plan
Norwood, MA
|
Record; Beneficial |
R-5 | 1,151,524 | 13.06 | — | — | — | — | — | — | — | — | ||||||||||||
SEI Trust Company, Oaks, PA | Record | R-5 | — | — | — | — | — | — | 907 | 100.00 | — | — | ||||||||||||
UBS Financial Services, Inc., Chicago, IL | Record | R-5 | 679,531 | 7.71 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2015 Target Date Retirement Fund Norfolk, VA | Record | R-6 | 968,994 | 10.24 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2020 Target Date Retirement Fund Norfolk, VA | Record | R-6 | 1,754,113 | 18.53 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2025 Target Date Retirement Fund Norfolk, VA | Record | R-6 | 1,743,025 | 18.41 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2030 Target Date Retirement Fund Norfolk, VA | Record | R-6 | 1,693,376 | 17.89 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2035 Target Date Retirement Fund Norfolk, VA | Record | R-6 | 1,149,648 | 12.14 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2040 Target Date Retirement Fund Norfolk, VA | Record | R-6 | 913,955 | 9.65 | — | — | — | — | — | — | — | — | ||||||||||||
American Funds 2050 Target Date Retirement Fund Norfolk, VA | Record | R-6 | 489,008 | 5.17 | — | — | — | — | — | — | — | — |
TEFMD | TEFVA | WBF | WGI | WMIF | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Edward D. Jones & Co. Omnibus Account Maryland Heights, MO |
Record | A B |
1,331,003 — |
7.16 —
|
1,827,393 35,296 |
8.57 6.05 |
67,245,237 1,601,580 |
22.62 12.35 |
484,361,460 15,699,616 |
28.64 16.60 |
282,614,166 5,808,521 |
16.66 8.55 |
||||||||||||
First Clearing, LLC Custody Account St. Louis, MO |
Record | A B C F-1 |
2,849,476 103,818 198,059 —
|
15.33 14.52 9.08 —
|
3,199,864 138,468 314,321 —
|
15.01 23.75 17.05 — |
19,858,485 910,066 2,781,213 5,375,526 |
6.68 7.02 8.14 9.31 |
157,034,973 8,809,510 25,382,676 10,969,467 |
9.28 9.32 12.96 8.82 |
165,938,123 7,232,971 11,452,347 13,396,337 |
9.78 10.64 14.16 17.95 |
||||||||||||
Citigroup Global Markets, Inc. Omnibus Account New York, NY |
Record | A B C F-1 |
— 40,566
189,228 137,443 |
— 5.67
8.67 10.15 |
1,412,628 — 150,647
—
|
6.63 —
8.17 —
|
— —
3,334,063 —
|
— —
9.76 —
|
— —
24,475,801 8,601,367 |
— —
12.50 6.91 |
— 3,751,195
9,900,186 6,667,514 |
— 5.52
12.24 8.93 |
||||||||||||
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | A B C F-2 |
1,446,898 136,832 672,518 70,016 |
7.78 19.13 30.83 15.17 |
1,254,207 33,230 323,575 185,931 |
5.88 5.70 17.55 24.39 |
— —
3,247,006 3,206,920 |
— —
9.51 23.68 |
— —
30,482,353
10,645,860 |
— —
15.57 38.35 |
— 3,664,132
12,090,019 5,114,817 |
— 5.39
14.95 36.49 |
||||||||||||
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | A B |
— 55,530
|
— 7.76
|
1,070,505 — |
5.02 —
|
— —
|
— —
|
— —
|
— —
|
— —
|
— —
|
||||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | F-1 F-2 R-4 R-5 |
277,193 —
—
—
|
20.48 — —
—
|
— 145,354
—
—
|
— 19.07 — —
|
7,027,788 —
335,650
332,297 |
12.17 — 8.05
6.00 |
10,191,478 1,499,898 3,192,486 5,499,507 |
8.19 5.40 6.21 11.50 |
5,765,105 1,389,443 2,787,358 1,874,167 |
7.72 9.91 5.83 5.46 |
||||||||||||
LPL
Financial Omnibus Account San Diego, CA |
Record | F-1 F-2 |
89,547 23,662 |
6.61 5.13 |
132,809 —
|
7.40 —
|
— 857,530
|
— 6.33
|
— | — | — 839,640
|
— 5.99
|
||||||||||||
Raymond James & Associates, Inc. FBO Individual Investor, McLean, VA |
Record Beneficial |
F-1 | — | — | 140,739 | 7.84 | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #17 Irvine, CA |
Record Beneficial |
F-2 | 141,615 | 30.69 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #18 Irvine, CA |
Record Beneficial |
F-2 | 68,826 | 14.92 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #19 Irvine, CA |
Record Beneficial |
F-2 | 24,290 | 5.26 | — | — | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #20 Irvine, CA |
Record Beneficial |
F-2 | — | — | 194,327 | 25.49 | — | — | — | — | — | — | ||||||||||||
Capital Guardian Trust Company Personal Investment Management Account #21 Irvine, CA |
Record Beneficial |
F-2 | — | — | — | — | 1,076,116 | 7.95 | — | — | — | — | ||||||||||||
Johnston Lemon Group, Washington, D.C. | Record | F-2 | 34,158 | 7.40 | — | — | — | — | — | — | — | — | ||||||||||||
Trust Account #2, Richmond, VA | Record | F-2 | — | — | 66,608 | 8.74 | — | — | — | — | — | — | ||||||||||||
Hartford Life Insurance Co. Separate Account 401K Plan, Hartford, CT |
Record Beneficial |
R-1 R-3 |
— —
|
— —
|
— —
|
— —
|
— —
|
— —
|
2,563,369 —
|
43.33 — |
684,506 3,265,104 |
29.85 6.34 |
||||||||||||
ING
Life Insurance & Annuity Hartford, CT |
Record | R-3 R-4 |
— —
|
— —
|
— —
|
— —
|
— —
|
— —
|
— —
|
— —
|
6,168,791 3,567,665 |
11.99 7.46 |
||||||||||||
Nationwide Trust Company Columbus, OH |
Record | R-3 R-5 |
— —
|
— —
|
— —
|
— —
|
429,947 —
|
6.53 —
|
6,222,554 3,259,994 |
9.97 6.81 |
— —
|
— —
|
TEFMD | TEFVA | WBF | WGI | WMIF | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
John Hancock Life Insurance Co. USA Omnibus Account, Boston, MA |
Record | R-4 | — | — | — | — | — | — | — | — | 6,531,203 | 13.66 | ||||||||||||
New York Life Trust Company Gormann-Rupp Company 401K Plan, Parsippany, NJ | Record | R-4 | — | — | — | — | 309,966 | 7.43 | — | — | — | — | ||||||||||||
NFS, LLC FEBO; 401K Plans Covington, KY |
Record; Beneficial |
R-4 R-5 |
— —
|
— —
|
— —
|
— —
|
— 797,479
|
— 14.39 |
3,143,184 11,733,253 |
6.12 24.53 |
2,459,149 8,092,162 |
5.14 23.59 |
||||||||||||
The
Capital Group Companies; Retirement Plans Los Angeles, CA |
Record; Beneficial |
R-5 | — | — | — | — | 1,202,950 | 21.70 | 3,066,880 | 6.41 | 2,127,840 | 6.20 | ||||||||||||
Edward D. Jones & Co.; Retirement Plan Norwood, MA |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 2,906,981 | 6.08 | 1,881,045 | 5.48 | ||||||||||||
Mercer Trust Company Abbott Laboratories Retirement Plan, Norwood, MA | Record Beneficial |
R-5 | — | — | — | — | — | — | — | — | 3,482,309 | 10.15 | ||||||||||||
Northern California Pipe Trade Local 342 Phoenix, AZ |
Record | R-5 | — | — | — | — | 317,026 | 5.72 | — | — | — | — | ||||||||||||
UBS Financial Services, Inc., Chicago, IL | Record | R-5 | — | — | — | — | 359,116 | 6.48 | — | — | — | — | ||||||||||||
American Funds 2010 Target Date Retirement Fund Norfolk, VA | Record | R-6 | — | — | — | — | 1,286,406 | 31.32 | 1,187,329 | 11.19 | 1,563,841 | 8.74 | ||||||||||||
American Funds 2015 Target Date Retirement Fund Norfolk, VA | Record | R-6 | — | — | — | — | 1,814,669 | 44.18 | 1,526,084 | 14.39 | 2,663,754 | 14.89 | ||||||||||||
American Funds 2020 Target Date Retirement Fund Norfolk, VA | Record | R-6 | — | — | — | — | 1,006,298 | 24.50 | 1,734,123 | 16.35 | 3,055,282 | 17.08 | ||||||||||||
American Funds 2025 Target Date Retirement Fund Norfolk, VA | Record | R-6 | — | — | — | — | — | — | 1,420,363 | 13.39 | 2,559,215 | 14.30 | ||||||||||||
American Funds 2030 Target Date Retirement Fund Norfolk, VA | Record | R-6 | — | — | — | — | — | — | 1,559,699 | 14.70 | 2,456,030 | 13.73 | ||||||||||||
American Funds 2035 Target Date Retirement Fund Norfolk, VA | Record | R-6 | — | — | — | — | — | — | 1,179,095 | 11.11 | 1,766,028 | 9.87 | ||||||||||||
American Funds 2040 Target Date Retirement Fund Norfolk, VA | Record | R-6 | — | — | — | — | — | — | 989,514 | 9.33 | 1,494,004 | 8.35 |
AFTD 2050 | AFTD 2045 | AFTD 2040 | AFTD 2035 | AFTD 2030 | ||||||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||||
Edward D. Jones & Co. Omnibus Account Maryland Heights, MO |
Record | A | — | — | — | — | — | — | — | — | 1,695,673 | 6.02 | ||||||||||||
Blue Pearl Veterinary Partners; 401K Plan Pittsburgh, PA |
Record; Beneficial |
R-1 | 16,006 | 7.75 | — | — | 44,938 | 10.44 | — | — | — | — | ||||||||||||
Capriotti’s Sandwich Shop; Retirement Plan Denver, CO |
Record; Beneficial |
R-1 | — | — | — | — | — | — | 21,531 | 5.59 | — | — | ||||||||||||
Central Shop Rite; 401K Plan Vassar, MI |
Record; Beneficial |
R-1 | — | — | — | — | — | — | — | — | 60,270 | 7.03 | ||||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | R-1 R-5 |
— 58,068
|
— 6.24
|
— 86,538
|
— 7.81
|
— 134,184 |
— 5.38
|
30,334 —
|
7.87 — |
— —
|
— —
|
||||||||||||
CMSI Group, Inc.; 401K Plan Columbia, MD |
Record; Beneficial |
R-1 | — | — | — | — | 34,112 | 7.92 | — | — | — | — | ||||||||||||
First Clearing, LLC Custody Account, St. Louis, MO | Record | R-1 | 12,796 | 6.20 | 11,719 | 7.60 | — | — | — | — | — | — | ||||||||||||
Horizon Corporation; 401K Plan Atlanta, GA |
Record; Beneficial |
R-1 | — | — | 15,425 | 10.00 | — | — | — | — | — | — | ||||||||||||
Pegasus Transport Group, Inc.; 401K Plan Cedar Hill, TX |
Record; Beneficial |
R-1 | 11,601 | 5.62 | — | — | — | — | — | — | — | — | ||||||||||||
Pierson Automotive; 401K Plan Middletown, OH |
Record; Beneficial |
R-1 | — | — | 19,819 | 12.85 | — | — | — | — | — | — | ||||||||||||
Polaris Sensor Technologies, Inc.; 401K Plan Ridgeland, MS |
Record; Beneficial |
R-1 | 22,844 | 11.06 | — | — | — | — | — | — | — | — | ||||||||||||
Pryer Machine & Tool; 401K Plan Tulsa, OK |
Record; Beneficial |
R-1 | — | — | — | — | 26,684 | 6.20 | — | — | — | — | ||||||||||||
Specialty Welding and Fabrication of NY, Inc.; 401K Plan Utica, NY | Record; Beneficial |
R-1 | 20,151 | 9.76 | — | — | 21,588 | 5.01 | — | — | — | — | ||||||||||||
Swope Medical Group; 401K Plan Nevada City, CA |
Record; Beneficial |
R-1 | — | — | — | — | — | — | 33,467 | 8.68 | — | — | ||||||||||||
Universal Property & Casualty; 401K Plan Pittsburgh, PA |
Record; Beneficial |
R-1 | — | — | 10,542 | 6.84 | — | — | — | — | — | — | ||||||||||||
South Point Hotel & Casino; 401K Plan Denver, CO |
Record; Beneficial |
R-2 | 452,237 | 7.00 | — | — | — | — | — | — | — | — | ||||||||||||
Career Education Corporation; Retirement Plan Hoffman Estates, IL |
Record; Beneficial |
R-3 | 823,217 | 13.76 | 589,094 | 10.88 | 717,138 | 6.21 | — | — | — | — | ||||||||||||
Orchard Trust Co. LLC; 401K Plan Greenwood Village, CO |
Record; Beneficial |
R-3 | — | — | — | — | 759,946 | 6.58 | — | — | — | — | ||||||||||||
Principal Financial Group; Omnibus Account Des Moines, IA |
Record; Beneficial |
R-3 | — | — | 438,303 | 8.09 | 802,550 | 6.95 | 1,068,821 | 7.96 | 1,273,673 | 5.95 | ||||||||||||
Clifty Engineering & Tool Co.; Retirement Plan Madison, IN |
Record; Beneficial |
R-4 | — | — | 147,147 | 7.87 | — | — | — | — | — | — | ||||||||||||
The
Capital Group Companies; Retirement Plans Los Angeles, CA |
Record; Beneficial |
R-5 | 388,181 | 41.69 | 392,506 | 35.44 | 684,255 | 27.42 | 994,638 | 34.77 | 1,318,596 | 32.71 | ||||||||||||
The
ESI; 401K Plan Kansas City, MO |
Record; Beneficial |
R-5 | 70,089 | 7.53 | 224,996 | 20.32 | 306,842 | 12.30 | 417,710 | 14.60 | 414,188 | 10.27 | ||||||||||||
Foth & Van Dyke & Associates; 401K Plan Green Bay, WI |
Record; Beneficial |
R-5 | — | — | — | — | — | — | — | — | 245,076 | 6.08 | ||||||||||||
Fox
Valley; Retirement Plan Atlanta, GA |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 159,753 | 5.58 | — | — | ||||||||||||
Hennepin Faculty Association; Retirement Plan Minneapolis, MN | Record; Beneficial |
R-5 | — | — | — | — | 125,038 | 5.01 | — | — | — | — | ||||||||||||
O’Connor Hospital; 403B Plan Pittsburgh, PA |
Record; Beneficial |
R-5 | 51,701 | 5.55 | — | — | — | — | — | — | — | — |
AFTD 2025 | AFTD 2020 | AFTD 2015 | AFTD 2010 | |||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||
Edward D. Jones & Co. Omnibus Account Maryland Heights, MO |
Record | A | — | — | — | — | — | — | 2,295,520 | 7.45 | ||||||||||
First Clearing, LLC Custody Account St. Louis, MO |
Record | A R-1 |
— —
|
— —
|
2,075,204 — |
5.16 — |
— 46,749
|
— 6.57
|
2,119,303 — |
6.87 — |
||||||||||
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | A | — | — | — | — | 2,633,481 | 6.87 | — | — | ||||||||||
Bestway, Inc.; 401K Plan Hiawatha, KS |
Record; Beneficial |
R-1 | 34,637 | 5.91 | — | — | — | — | — | — | ||||||||||
Blue Pearl Veterinary Partners; 401K Plan Pittsburgh, PA |
Record; Beneficial |
R-1 | — | — | — | — | 35,917 | 5.05 | — | — | ||||||||||
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | R-5 | — | — | — | — | 185,743 | 5.25 | — | — | ||||||||||
Corning Implement Co., Inc.; Retirement Plan Corning, AR |
Record; Beneficial |
R-1 | — | — | — | — | 112,877 | 15.87 | — | — | ||||||||||
Gulf Marine Repair, Inc.; 401K Plan Pittsburgh, PA |
Record; Beneficial |
R-1 | — | — | — | — | — | — | 12,251 | 5.41 | ||||||||||
Horizon Corporation; 401K Plan Atlanta, GA |
Record; Beneficial |
R-1 | — | — | — | — | — | — | 33,096 | 14.60 | ||||||||||
Lee
County Reprographics, Inc.; 401K Plan Fort Myers, FL |
Record; Beneficial |
R-1 | — | — | — | — | — | — | 18,686 | 8.24 | ||||||||||
Northwest Tire Factory LLC; 401K Plan Portland,OR |
Record; Beneficial |
R-1 | 48,961 | 8.36 | — | — | — | — | — | — | ||||||||||
Preferred Office Products; 401K Plan Ridgeland, MS |
Record; Beneficial |
R-1 | — | — | — | — | 36,680 | 5.16 | — | — | ||||||||||
Pryer Machine & Tool; 401K Plan Tulsa, OK |
Record; Beneficial |
R-1 | — | — | — | — | — | — | 14,901 | 6.57 | ||||||||||
Smith Fuel Co., Inc.; Retirement Plan Lake City, SC |
Record; Beneficial |
R-1 | — | — | — | — | 59,979 | 8.43 | — | — | ||||||||||
UBS
Financial Services, Inc.; FBO Retirement Plan Weehawken, NJ |
Record; Beneficial |
R-1 | — | — | — | — | — | — | 19,034 | 8.40 | ||||||||||
Career Education Corporation; Retirement Plan Hoffman Est, IL |
Record; Beneficial |
R-3 | — | — | — | — | — | — | 832,732 | 5.44 | ||||||||||
Orchard Trust Co. LLC; 401K Plan Greenwood Village, CO |
Record; Beneficial |
R-4 | 833,626 | 7.90 | — | — | — | — | — | — | ||||||||||
Principal Financial Group; Omnibus Account Des Moines, IA |
Record; Beneficial |
R-3 | 1,916,421 | 8.58 | 2,034,338 | 7.36 | 1,557,034 | 6.90 | 1,036,207 | 6.77 | ||||||||||
The
Blossman Companies, Inc.; 401K Plan Ocean Springs, MS |
Record; Beneficial |
R-4 | — | — | — | — | — | — | 403,768 | 5.76 | ||||||||||
The
Capital Group Companies; Retirement Plans Los Angeles, CA |
Record; Beneficial |
R-5 | 1,186,624 | 26.97 | 832,336 | 17.05 | 396,113 | 11.19 | 238,427 | 6.81 | ||||||||||
The
ESI; 401K Plan Kansas City, MO |
Record; Beneficial |
R-5 | 542,721 | 12.34 | 645,477 | 13.22 | 715,884 | 20.22 | 542,540 | 15.51 | ||||||||||
Eyecare Center of New Hersey; 401K Plan Greenwood Village, CO |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 312,113 | 8.92 |
AFTD 2025 | AFTD 2020 | AFTD 2015 | AFTD 2010 | |||||||||||||||||
Name and Address | Ownership | Class | Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
Shares Held |
As %
of shares outstanding |
||||||||||
Fox
Valley; Retirement Plan Atlanta, GA |
Record; Beneficial |
R-5 | 292,604 | 6.65 | 259,414 | 5.31 | 282,189 | 7.97 | — | — | ||||||||||
Group Health Cooperative of South Central Wisconsin Retirement Plan, Phoenix, AZ |
Record Beneficial |
R-5 | — | — | 361,563 | 7.40 | — | — | — | — | ||||||||||
Marshall & Ilsley Trust Co.; FBO Retirement Plan Milwaukee, WI |
Record; Beneficial |
R-5 | 269,061 | 6.12 | — | — | — | — | — | — | ||||||||||
MG
Trust Co.; FBO Retirement Plan Denver, CO |
Record; Beneficial |
R-5 | — | — | — | — | 228,389 | 6.45 | — | — | ||||||||||
Trust Co. of Sterne Agee; 401K Plan Birmingham, AL |
Record; Beneficial |
R-5 | — | — | — | — | — | — | 541,441 | 15.47 |
1 |
Includes
June 30, 2009 fund shares owned in accounts from The Cash Management
Trust of America and/or The U.S. Treasury Money Fund of America, which
merged into the American Funds Money Market Fund effective July 10,
2009.
|
2 |
The Tax-Exempt
Money Fund of America converted from a money market fund into the American
Funds Short-Term Tax-Exempt Bond Fund effective August 7, 2009.
|
Audit Fees | Audit-Related | Tax | Aggregate Non-Audit | |||||||||||||||||||||||||
Fund | FYE | Audit Firm |
2009 | 2008 | 2009 | 2008 | 2009 | 2008 | 2009 | 2008 | ||||||||||||||||||
AMCAP
|
Feb 28/29 | D&T | $ | 74,000 | $ | 72,000 | $ | 7,000 | $ | 10,000 | $ | 7,000 | $ | 6,000 | $ | 1,390,000 | $ | 1,405,000 | ||||||||||
EUPAC
|
Mar 31 | D&T | 106,000 | 100,000 | 31,000 | 35,000 | 27,000 | 27,000 | 1,266,000 | 1,590,000 | ||||||||||||||||||
IGI1
|
June 30 | D&T | 41,000 | N/A | 79 | N/A | 7,000 | N/A | 1,364,000 | N/A | ||||||||||||||||||
WMIF
|
April 30 | PwC | 98,000 | 94,000 | 0 | 0 | 7,000 | 7,000 | 13,000 | 11,000 |
Audit Fees | Audit-Related | Tax | Aggregate Non-Audit | |||||||||||||||||||||||||
Fund | FYE | Audit Firm |
2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | ||||||||||||||||||
AFTD
|
Oct 31 | D&T | $ | 42,000 | $ | 23,000 | $ | 349 | $ | 0 | $ | 28,000 | $ | 23,000 | $ | 1,306,000 | $ | 1,206,000 | ||||||||||
AHIM
|
July 31 | PwC | 51,000 | 49,000 | 0 | 0 | 7,000 | 7,000 | 7,000 | 14,000 | ||||||||||||||||||
AHIT
|
Sept 30 | D&T | 109,000 | 94,000 | 9,000 | 6,000 | 7,000 | 6,000 | 1,366,000 | 1,238,000 | ||||||||||||||||||
AMBAL
|
Dec 31 | D&T | 82,000 | 73,000 | 20,000 | 16,000 | 7,000 | 6,000 | 1,396,000 | 1,226,000 | ||||||||||||||||||
AMF
|
Oct 31 | D&T | 75,000 | 71,000 | 5,000 | 5,000 | 7,000 | 6,000 | 1,289,000 | 1,195,000 | ||||||||||||||||||
BFA
|
Dec 31 | D&T | 120,000 | 110,000 | 12,000 | 7,000 | 7,000 | 6,000 | 1,389,000 | 1,218,000 | ||||||||||||||||||
CIB
|
Oct 31 | PwC | 119,000 | 119,000 | 0 | 0 | 8,000 | 7,000 | 8,000 | 14,000 | ||||||||||||||||||
FI
|
Dec 31 | D&T | 76,000 | 72,000 | 16,000 | 10,000 | 10,000 | 9,000 | 1,396,000 | 1,224,000 | ||||||||||||||||||
GFA
|
Aug 31 | D&T | 80,000 | 77,000 | 62,000 | 71,000 | 12,000 | 6,000 | 1,205,000 | 1,363,000 | ||||||||||||||||||
GVT
|
Aug 31 | D&T | 79,000 | 73,000 | 2,000 | 1,000 | 7,000 | 6,000 | 1,140,000 | 1,293,000 | ||||||||||||||||||
IBFA
|
Aug 31 | D&T | 84,000 | 76,000 | 2,000 | 2,000 | 7,000 | 6,000 | 1,141,000 | 1,294,000 | ||||||||||||||||||
ICA
|
Dec 31 | PwC | 109,000 | 102,000 | 0 | 0 | 8,000 | 7,000 | 14,000 | 11,000 | ||||||||||||||||||
IFA
|
July 31 | D&T | 113,000 | 108,000 | 27,000 | 27,000 | 7,000 | 6,000 | 1,458,000 | 1,163,000 | ||||||||||||||||||
LTEX
|
July 31 | PwC | 46,000 | 45,000 | 0 | 0 | 7,000 | 7,000 | 7,000 | 14,000 | ||||||||||||||||||
MMF2
|
Sept 30 | PwC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||
NEF
|
Nov 30 | D&T | 82,000 | 78,000 | 3,000 | 2,000 | 13,000 | 9,000 | 1,232,000 | 1,275,000 | ||||||||||||||||||
NPF
|
Sept 30 | PwC | 110,000 | 106,000 | 0 | 0 | 8,000 | 8,000 | 8,000 | 15,000 | ||||||||||||||||||
NWF
|
Oct 31 | D&T | 82,000 | 76,000 | 5,000 | 3,000 | 21,000 | 25,000 | 1,303,000 | 1,212,000 | ||||||||||||||||||
SCWF
|
Sept 30 | D&T | 101,000 | 97,000 | 6,000 | 10,000 | 25,000 | 16,000 | 1,381,000 | 1,251,000 |
Audit Fees | Audit-Related | Tax | Aggregate Non-Audit | |||||||||||||||||||||||||
Fund | FYE | Audit Firm |
2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | ||||||||||||||||||
STBF
|
Aug 31 | PwC | $ | 40,000 | $ | 26,000 | $ | 0 | $ | 0 | $ | 5,000 | $ | 3,000 | $ | 5,000 | $ | 10,000 | ||||||||||
STEX3
|
July 31 | PwC | 33,000 | 31,000 | 0 | 0 | 6,000 | 6,000 | 6,000 | 13,000 | ||||||||||||||||||
TEBF
|
Aug 31 | PwC | 85,000 | 82,000 | 0 | 0 | 7,000 | 7,000 | 7,000 | 14,000 | ||||||||||||||||||
TEFCA
|
Aug 31 | D&T | 63,000 | 60,000 | 1,000 | 622 | 7,000 | 6,000 | 1,139,000 | 1,293,000 | ||||||||||||||||||
TEFMD/VA
|
July 31 | PwC | 83,000 | 83,000 | 0 | 0 | 8,000 | 7,000 | 8,000 | 14,000 | ||||||||||||||||||
WBF
|
Sept 30 | D&T | 93,000 | 87,000 | 3,000 | 2,000 | 7,000 | 6,000 | 1,360,000 | 1,233,000 | ||||||||||||||||||
WGI
|
Nov 30 | PwC | 102,000 | 108,000 | 0 | 0 | 8,000 | 7,000 | 13,000 | 11,000 |
1 |
IGI began
operations on October 1, 2008.
|
2 |
MMF began
operations on May 1, 2009.
|
3 |
STEX converted to
a short-term tax-exempt bond fund (with a fiscal year end of July 31)
from The Tax-Exempt Money Fund of America (CTEX) on August 7, 2009.
CTEX adopted a July 31 fiscal year end in 2009, changing from its
previous fiscal year end of September 30.
|
|
|
|
VOTE
VIA THE
INTERNET: www.proxy-direct.com
|
|
VOTE BY TELEPHONE: 1-XXX-XXX-XXXX
|
Signature
|
|
Signature of
Joint Owners, if any
|
|
Date
|
AFS_20478_071709_B
|
FUNDS
|
FUNDS
|
Fund name
Drop-In 1
|
Fund name
Drop-In 2
|
Fund name
Drop-In 3
|
Fund name
Drop-In 4
|
1A.
|
Election
of Directors for Fund name Drop-In
1:
|
01
|
Director
|
02
|
Director
|
03
|
Director
|
FOR
|
WITHHOLD
|
FOR
ALL
|
04
|
Director
|
05
|
Director
|
06
|
Director
|
ALL
|
ALL
|
EXCEPT
|
07
|
Director
|
08
|
Director
|
09
|
Director
|
□
|
□
|
□
|
10
|
Director
|
11
|
Director
|
12
|
Director
|
02
|
Director
|
02
|
Director
|
03
|
Director
|
FOR
|
WITHHOLD
|
FOR
ALL
|
05
|
Director
|
05
|
Director
|
06
|
Director
|
ALL
|
ALL
|
EXCEPT
|
08
|
Director
|
08
|
Director
|
09
|
Director
|
□
|
□
|
□
|
11
|
Director
|
11
|
Director
|
12
|
Director
|
03
|
Director
|
02
|
Director
|
03
|
Director
|
FOR
|
WITHHOLD
|
FOR
ALL
|
06
|
Director
|
05
|
Director
|
06
|
Director
|
ALL
|
ALL
|
EXCEPT
|
09
|
Director
|
08
|
Director
|
09
|
Director
|
□
|
□
|
□
|
12
|
Director
|
11
|
Director
|
12
|
Director
|
04
|
Director
|
02
|
Director
|
03
|
Director
|
FOR
|
WITHHOLD
|
FOR
ALL
|
07
|
Director
|
05
|
Director
|
06
|
Director
|
ALL
|
ALL
|
EXCEPT
|
10
|
Director
|
08
|
Director
|
09
|
Director
|
□
|
□
|
□
|
13
|
Director
|
11
|
Director
|
12
|
Director
|
2.
|
To
approve an Agreement and Plan of Reorganization that provides for the
reorganization of each Fund from a Delaware corporation, Maryland
corporation or Massachusetts business trust, as applicable, to a Delaware
statutory trust.
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
||
Fundname Drop
In 1
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
4.
|
To
approve a policy allowing Capital Research and Management Company (“CRMC”)
to appoint subsidiary advisers to manage the day-to-day investment
activities of the Funds without additional shareholder
approval.
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
FOR
|
AGAINST
|
ABSTAIN
|
||
Fundname Drop
In 1
|
□
|
□
|
□
|
8.
|
To
consider a proposal submitted by shareholders of certain Funds that
requests the Boards of these Funds to “institute procedures to prevent
holding investments in companies that, in the judgment of the Board,
substantially contribute to genocide or crimes against humanity, the most
egregious violations of human
rights.”
|
FOR
|
AGAINST
|
ABSTAIN
|
FOR
|
AGAINST
|
ABSTAIN
|
|||
Fundname Drop
In 1
|
□
|
□
|
□
|
Fundname Drop
In 2
|
□
|
□
|
□
|
|
Fundname Drop
In 3
|
□
|
□
|
□
|
Fundname Drop
In 4
|
□
|
□
|
□
|
|
-Provide only
your 14 Digit
Control Number & 8 Digit Security
Code as listed on this notice in your email request for
materials.
|
|
-If you want
to elect to receive all future proxy materials in paper form or via
e-mail, please note your request and for e-mail, provide the
address.
|
1.
|
To elect
Directors/Trustees.
|
||
2.
|
To approve an
Agreement and Plan of Reorganization that provides for the reorganization
of each Fund from a Delaware corporation, Maryland corporation or
Massachusetts business trust, as applicable, to a Delaware statutory
trust.
|
||
3.
|
Update the
Funds’ fundamental investment policies regarding:
|
||
3A
|
Borrowing
|
||
3B
|
Issuance of
Senior Securities
|
||
3C
|
Underwriting
|
||
3D
|
Investments
in Real Estate Commodities
|
||
3E
|
Lending
|
||
3F
|
Industry
Concentration
|
||
3G
|
Investing in
Tax-Exempt Securities (for tax-exempt Funds only).
|
||
3H
|
Maintaining a
fully invested portfolio (for Washington Mutual Investors Fund
only).
|
||
3I
|
To approve
the elimination of certain policies
|
||
4.
|
To approve a
policy allowing Capital Research and Management Company (“CRMC”) to
appoint subsidiary advisers to manage the day-to-day investment activities
of the Funds without additional shareholder approval.
|
||
5.
|
To approve
amendments to the Funds’ Investment Advisory [and Service] Agreements with
CRMC.
|
||
6.
|
To approve a
form of Subsidiary Agreement and appointment of one or more subsidiary
advisers for the Funds.
|
||
7.
|
To approve
changes to an investment policy of the New Economy Fund. (Applies only to
the shareholders of The New Economy Fund).
|
||
8.
|
To consider a
proposal submitted by shareholders of certain Funds that requests the
Boards of these Funds to “institute procedures to prevent holding
investments in companies that, in the judgment of the Board, substantially
contribute to genocide or crimes against humanity, the most egregious
violations of human rights.”
|