Income Fund of America

Income Fund of America · 21 share classes

Actively managed U.S. equity fund
One fund, 21 share classes:AMECXRIDAXRIDBXRIDCXRIDEXRIDFXIFACXIFAFXCIMAXCIMCXCIMEXCIMFXAMEFXRIDGXRIEBXRIDHXFIFAXTFAAXTIAFXFAIFXFFIFX
$146.54B NAV
3,250 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

As filed in the prospectus · 2025 Q3

The funds investment objectives are to provide you with current income while

Strategy · summarised

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.

Expenses
0.26% 1.35%across 21 share classes
Share classExpense ratio
AMECX0.56%
RIDAX1.34%
RIDBX1.35%
RIDCX0.90%
RIDEX0.61%
RIDFX0.30%
IFACX1.31%
IFAFX0.63%
CIMAX0.59%
CIMCX1.35%
CIMEX0.83%
CIMFX0.68%
AMEFX0.37%
RIDGX0.26%
RIEBX1.06%
RIDHX0.41%
FIFAX0.26%
TFAAX0.61%
TIAFX0.56%
FAIFX0.34%
FFIFX0.31%

Portfolio turnover 65.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.41%
of net assets
Stocks69.58%
Bonds19.53%
Cash & short-term6.67%
Securitized4.14%
Loans0.48%
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.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
International26.8%
Financials9.7%
Health Care8.4%
Other7.1%
12 smaller47.9%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 332 new265 exited

Largest new: UNITED STATES TREASURY ×5, ROCHE HOLDING AG, HSBC HOLDINGS PLC, HBAN

Largest exited: UNITED STATES TREASURY, SYY, ROCHE HOLDING AG, PCAR, ITAU UNIBANCO HOLDING SA, UNIFORM MBS, BANCO BILBAO VIZCAYA ARGENTARIA SA, ALLIANZ SE

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+19.67%+45.38%+50.30%8.27%-6.91%
+18.73%+41.98%+44.56%8.28%-7.07%
+18.79%+42.00%+44.56%8.25%-7.03%
+19.29%+43.91%+47.79%8.24%-6.94%
+19.64%+45.18%+49.98%8.25%-6.89%
+19.98%+46.54%+52.30%8.24%-6.85%
+18.81%+42.17%+44.82%8.28%-7.07%
+19.62%+45.03%+49.76%8.24%-6.91%
+19.65%+45.22%+50.04%8.26%-6.90%
+18.73%+41.97%+44.45%8.26%-7.06%
+19.37%+44.20%+48.28%8.24%-6.94%
+19.85%+46.02%+51.29%8.28%-6.86%
+19.92%+46.24%+51.74%8.26%-6.83%
+20.06%+46.74%+52.58%8.28%-6.84%
+19.10%+43.27%+46.64%8.26%-7.01%
+19.90%+46.06%+51.49%8.27%-6.84%
+20.04%+46.70%+52.61%8.25%-6.80%
+19.91%+46.25%+51.86%8.25%-6.86%
+19.97%+46.49%+52.25%8.26%-6.80%
+19.92%+46.32%+51.88%8.29%-6.82%
+19.98%+46.51%+52.23%8.25%-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.

Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
5.43%
Avg maturity
9.33 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

9%
floating
Fixed rate90.9%
Floating rate9.1%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y2.4%
1-3y15.6%
3-5y29.5%
5-10y30.2%
10y+22.3%
Flagged holdings
Defaulted: 0.55% · $193.36M · 12 positions
In arrears: none reported
Paid in kind: 0.26% · $92.69M · 7 positions

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.

Interest-rate duration
1.26 yr
approx. move per 100bp
Credit-spread duration
0.70 yr
approx. move per 100bp
If rates and spreads both rise 100bp

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.

≈ -2.0%
of value
Interest rates64%
Credit spreads36%

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.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+0.70
yrs total
Investment grade+0.38 yr
High yield+0.32 yr
Where the risk sits on the curve

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.

Interest rate1.26 yr total
3 mo30 yr
3 mo0.00 yr0%
1 yr0.20 yr16%
5 yr0.52 yr41%
10 yr0.38 yr30%
30 yr0.16 yr13%
Credit spread0.70 yr total
3 mo30 yr
3 mo0.01 yr1%
1 yr0.16 yr22%
5 yr0.31 yr44%
10 yr0.16 yr23%
30 yr0.06 yr9%

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
TenorRate yrsIG yrsHY yrsIG $/bpHY $/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.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
CAPITAL GROUP CENTRAL CASH FUNDCMQXX6.68%$9.80B
PHILIP MORRIS INTERNATIONAL INCPM2.09%$3.06B
AMGEN INCAMGN1.80%$2.63B
EOG RESOURCES INCEOG1.72%$2.52B
UNITEDHEALTH GROUP INCUNH1.58%$2.32B
The SOUTHERN COSO1.55%$2.27B
BROADCOM INCAVGO1.52%$2.24B
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD1.40%$2.05B
GILEAD SCIENCES INCGILD1.38%$2.03B
STARBUCKS CORPSBUX1.36%$2.00B
Showing 10 of 3,250Sign in to see more

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.

Top 10 positions are 21.10% of net assets, top 25 36.48%, across 1.2K issuers.

See more of this fund's book

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