American Funds The Income Fund of America® Class A (AMECX)
| 24.12 Net Asset Value | +0.46% 1 Day | +2.42% Year-to-Date | Overall Morningstar Rating |
| Allocation--70% to 85% equity Style or Category | 5.75 Sales Expenses | 0.57% 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 | +2.83% | 3 years | +5.77% | |
| 3 months | +8.80% | 5 years | +9.85% | |
| 1 year | +6.19% | Since inception | +10.73% |
Data through --
Peer Comparisonvs. Allocation--70% to 85% equity
| AMECX | Category | |
|---|---|---|
| Performance 5-yr return | +9.85% | +9.84% |
| Expense ratio | 0.57% | 1.09% |
| Risk 5 year sharpe ratio | 0.73 | 0.68 |
| Net assets | $115.8B | $2.6B |
| Average market cap | $72.9B | $71.2B |
| Average P/E | 19.8 | 25.4 |
| Portfolio turnover | 117% | 117% |
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Fund Management and Purchase Info
| Fund family | American Funds |
| Fund manager & tenure | Dina Perry / 29 Years |
| Minimal initial investment | $250.00 |
| Minimum IRA investment | $25.00 |
Holdings
| U.S. stock | 47.89% |
| Fixed income | 26.49% |
| International stock | 20.98% |
| Cash | 3.11% |
| Other | 1.53% |
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
| -- | 4.38% |
| JPM JPMorgan Chase | 2.63% |
| MSFT Microsoft | 2.28% |
| AVGO Broadcom Inc | 2.13% |
| PM Philip Morris | 2.13% |
| -- | 2.04% |
| PFE Pfizer | 1.82% |
| VZ Verizon | 1.47% |
| CME CME Group Inc | 1.47% |
| CCI Crown Castle International Corp | 1.41% |
