Income Fund of America
Actively managed U.S. stock fund
The funds investment objectives are to provide you with current income while
The fund invests primarily in income-producing securities, maintaining at least 60% in dividend-paying stocks and interest-paying bonds selected by multiple portfolio managers for attractive valuation and long-term opportunity. The fund may allocate up to 30% to foreign equities including emerging markets, up to 20% to below-investment-grade debt securities, and up to 10% to dollar-denominated debt tied to non-U.S. countries. Because the fund's composition in equity, debt, and cash may vary substantially based on market conditions, its exposure to different asset classes and credit qualities will fluctuate.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
CMQXXCAPITAL GROUP CENTRAL CASH FUND | 6.68% | $9.80B | — | — |
2.09% | $3.06B | 18.6M | $165.07 | |
AMGNAMGEN INC | 1.80% | $2.63B | 7.6M | $346.25 |
1.72% | $2.52B | 17.9M | $140.57 | |
1.58% | $2.32B | 6.3M | $370.48 | |
1.55% | $2.27B | 23.5M | $96.70 | |
AVGOBROADCOM INC | 1.52% | $2.24B | 5.4M | $417.43 |
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 1.40% | $2.05B | 30.2M | $67.89 |
1.38% | $2.03B | 15.5M | $130.84 | |
SBUXSTARBUCKS CORP | 1.36% | $2.00B | 18.9M | $105.33 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 3,250 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 69.58% |
| Bonds | 19.53% |
| Cash & short-term | 6.67% |
| Securitized | 4.14% |
| Loans | 0.48% |
| Derivatives | -0.00% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
By sector
- International
- 26.8%
- Financials
- 9.7%
- Health Care
- 8.4%
- Other
- 7.1%
- 12 other sectors
- 47.9%
- International
- 26.8%
- Financials
- 9.7%
- Health Care
- 8.4%
- Other
- 7.1%
- Cash
- 6.6%
- Energy
- 5.5%
- Consumer Staples
- 5.1%
- Utilities
- 5.0%
- Consumer Discretionary
- 4.8%
- Securitized
- 4.1%
- Government
- 3.9%
- Information Technology
- 3.8%
- Industrials
- 3.4%
- Communication Services
- 2.6%
- Real Estate
- 2.3%
- Materials
- 0.8%
How it has done
AMECX share class · total returns with dividends reinvested
Volatility over the last 12 months: 8.27%. Past returns are a record, not a forecast.
The 21 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.56% | +19.67% | +45.38% | +50.30% | -6.91% | |
| 1.34% | +18.73% | +41.98% | +44.56% | -7.07% | |
| 1.35% | +18.79% | +42.00% | +44.56% | -7.03% | |
| 0.90% | +19.29% | +43.91% | +47.79% | -6.94% | |
| 0.61% | +19.64% | +45.18% | +49.98% | -6.89% | |
| 0.30% | +19.98% | +46.54% | +52.30% | -6.85% | |
| 1.31% | +18.81% | +42.17% | +44.82% | -7.07% | |
| 0.63% | +19.62% | +45.03% | +49.76% | -6.91% | |
| 0.59% | +19.65% | +45.22% | +50.04% | -6.90% | |
| 1.35% | +18.73% | +41.97% | +44.45% | -7.06% | |
| 0.83% | +19.37% | +44.20% | +48.28% | -6.94% | |
| 0.68% | +19.85% | +46.02% | +51.29% | -6.86% | |
| 0.37% | +19.92% | +46.24% | +51.74% | -6.83% | |
| 0.26% | +20.06% | +46.74% | +52.58% | -6.84% | |
| 1.06% | +19.10% | +43.27% | +46.64% | -7.01% | |
| 0.41% | +19.90% | +46.06% | +51.49% | -6.84% | |
| 0.26% | +20.04% | +46.70% | +52.61% | -6.80% | |
| 0.61% | +19.91% | +46.25% | +51.86% | -6.86% | |
| 0.56% | +19.97% | +46.49% | +52.25% | -6.80% | |
| 0.34% | +19.92% | +46.32% | +51.88% | -6.82% | |
| 0.31% | +19.98% | +46.51% | +52.23% | -6.85% |
These classes hold the same portfolio, so the 8.16pp spread over 5 years is the cost difference between them — roughly 1.63pp a year — not a difference in what they own.
Fees & fund details
Income Fund of America is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.26% – 1.35%· AMECX 0.56%
- Portfolio turnover
- 65.00% a year · as of 2025 Q3
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
332 new· the largest 4
265 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 90.9% |
| Floating rate | 9.1% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 2.4% |
| 1-3y | 15.6% |
| 3-5y | 29.5% |
| 5-10y | 30.2% |
| 10y+ | 22.3% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying about half as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 64% |
| Credit spreads | 36% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +0.38 yr |
| High yield | +0.32 yr |
Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.20 yr | 16% |
| 5 yr | 0.52 yr | 41% |
| 10 yr | 0.38 yr | 30% |
| 30 yr | 0.16 yr | 13% |
| 3 mo | 0.01 yr | 1% |
| 1 yr | 0.16 yr | 22% |
| 5 yr | 0.31 yr | 44% |
| 10 yr | 0.16 yr | 23% |
| 30 yr | 0.06 yr | 9% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.00 | +0.00 | +0.01 | $34.8k | $89.2k |
| 1 yr | +0.20 | +0.05 | +0.11 | $740.1k | $1.56m |
| 5 yr | +0.52 | +0.14 | +0.17 | $2.03m | $2.52m |
| 10 yr | +0.38 | +0.13 | +0.04 | $1.84m | $535.3k |
| 30 yr | +0.16 | +0.06 | +0.00 | $883.1k | $32.8k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Understand how this fund fits with the rest.
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