American Funds The Income Fund of America® Class A (AMECX)
| 23.66 Net Asset Value | +0.51% 1 Day | +14.69% Year-to-Date | Overall Morningstar Rating |
| Allocation--70% to 85% equity Style or Category | 5.75 Sales Expenses | 0.58% Expense Ratio | Low Morningstar Risk Rating™ |
Investment Objective The investment seeks to provide investors with current income while secondarily striving for capital growth.
Normally the fund invests primarily in income-producing securities. These include equity securities, such as dividend-paying common stocks, and debt securities, such as interest-paying bonds. Generally at least 60% of the fund's assets will be invested in common stocks and other equity-type securities. The fund may also invest up to 30% of its assets in equity securities of issuers domiciled outside the United States, including issuers in developing countries.
Performance
| 1 month | +1.42% | 3 years | +7.82% | |
| 3 months | +3.43% | 5 years | +6.56% | |
| 1 year | +14.26% | Since inception | +10.83% |
Data through --
Peer Comparisonvs. Allocation--70% to 85% equity
| AMECX | Category | |
|---|---|---|
| Performance 5-yr return | +6.56% | +5.66% |
| Expense ratio | 0.58% | 1.16% |
| Risk 5 year sharpe ratio | 0.68 | 0.53 |
| Net assets | $113.9B | $2.4B |
| Average market cap | $70.5B | $56.2B |
| Average P/E | 17.9 | 19.3 |
| Portfolio turnover | 67% | 67% |
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Fund Management and Purchase Info
| Fund family | American Funds |
| Fund manager & tenure | Dina Perry / 27 Years |
| Minimal initial investment | $250.00 |
| Minimum IRA investment | $25.00 |
Holdings
| U.S. stock | 46.96% |
| Fixed income | 25.87% |
| International stock | 18.28% |
| Cash | 8.02% |
| Other | 0.89% |
Top 5 SectorsPortfolio weighting
| Industrial materials | 18.84% |
| Consumer goods | 12.21% |
| Energy | 11.81% |
| Financial service | 11.62% |
| Healthcare | 10.77% |
Top 10 HoldingsPortfolio weighting
| MSFT Microsoft | 2.39% |
| JPM JPMorgan Chase | 2.38% |
| MRK Merck | 2.18% |
| CME CME Group Inc | 1.85% |
| -- | 1.79% |
| -- | 1.62% |
| LMT Lockheed Martin | 1.58% |
| -- | 1.58% |
| -- | 1.54% |
| VZ Verizon | 1.41% |
