CIMAX: American Funds Income Fund of Amer 529A

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CIMAX American Funds Income Fund of Amer 529A


Profile

CIMAX - Profile

Vitals

  • YTD Return -6.2%
  • 3 Yr Annualized Return -2.0%
  • 5 Yr Annualized Return 1.9%
  • Net Assets $111 B
  • Holdings in Top 10 26.8%

52 WEEK LOW AND HIGH

$21.76
$17.25
$23.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.64%

SALES FEES

  • Front Load 3.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 67.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return -6.2%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    American Funds The Income Fund of America®
  • Fund Family Name
    American Funds
  • Inception Date
    Feb 15, 2002
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dina Perry

Fund Description

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.


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Categories

Fund Company Quick Screens

CIMAX - Fund Company Quick Screens


Performance

CIMAX - Performance

Return Ranking - Trailing

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.2% -26.2% 15.3% 73.39%
1 Yr -4.2% -21.0% 20.3% 71.54%
3 Yr -2.0%* -12.5% 7.1% 62.50%
5 Yr 1.9%* -6.3% 26.9% 45.12%
10 Yr 3.3%* -1.9% 12.7% 33.33%

* Annualized

Return Ranking - Calendar

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.6% -10.1% 24.1% 56.97%
2018 -11.7% -24.2% 0.0% 68.05%
2017 7.8% -4.4% 18.5% 70.35%
2016 7.1% -7.8% 209.2% 5.83%
2015 -6.3% -19.9% 0.3% 40.09%

Total Return Ranking - Trailing

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.2% -26.2% 15.3% 73.39%
1 Yr -4.2% -21.0% 20.3% 71.54%
3 Yr -0.4%* -12.5% 10.1% 65.42%
5 Yr 4.5%* -6.3% 30.1% 37.21%
10 Yr 6.5%* -1.9% 16.8% 26.00%

* Annualized

Total Return Ranking - Calendar

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.6% -10.1% 24.1% 56.97%
2018 -9.9% -24.2% 0.8% 66.80%
2017 13.3% -4.4% 20.3% 46.46%
2016 10.5% -7.8% 216.9% 3.14%
2015 -1.5% -19.5% 2.7% 34.43%

NAV & Total Return History


Holdings

CIMAX - Holdings

Concentration Analysis

CIMAX Category Low Category High CIMAX % Rank
Net Assets 111 B 929 K 111 B 2.80%
Number of Holdings 1958 2 14086 6.40%
Net Assets in Top 10 28 B 919 K 28 B 2.80%
Weighting of Top 10 26.76% 12.1% 100.1% 61.07%

Top 10 Holdings

  1. Capital Group Central Cash Fund 9.35%
  2. Federal National Mortgage Association 2% 2.87%
  3. Microsoft Corp 2.59%
  4. JPMorgan Chase & Co 1.94%
  5. Philip Morris International Inc 1.80%
  6. AstraZeneca PLC 1.76%
  7. Verizon Communications Inc 1.70%
  8. Pfizer Inc 1.67%
  9. Federal National Mortgage Association 2.5% 1.55%
  10. Broadcom Inc 1.53%

Asset Allocation

Weighting Return Low Return High CIMAX % Rank
Stocks
66.29% 19.86% 78.15% 22.40%
Bonds
27.92% 0.00% 77.18% 68.00%
Cash
4.28% -46.04% 4.97% 15.60%
Preferred Stocks
1.00% 0.00% 19.01% 14.80%
Convertible Bonds
0.49% 0.00% 23.75% 23.20%
Other
0.00% -0.16% 84.67% 68.40%

Stock Sector Breakdown

Weighting Return Low Return High CIMAX % Rank
Financial Services
14.86% 0.00% 26.15% 28.40%
Healthcare
14.65% 0.00% 21.16% 37.60%
Consumer Defense
13.55% 1.01% 15.16% 12.40%
Technology
12.58% 0.00% 28.61% 68.40%
Industrials
9.74% 4.03% 15.58% 45.20%
Real Estate
9.68% 0.00% 54.65% 11.20%
Utilities
7.98% 0.00% 15.66% 23.60%
Communication Services
5.12% 0.49% 14.43% 78.80%
Basic Materials
4.76% 0.71% 13.06% 28.00%
Consumer Cyclical
4.24% 0.79% 15.81% 78.00%
Energy
2.84% 0.00% 16.55% 51.20%

Stock Geographic Breakdown

Weighting Return Low Return High CIMAX % Rank
US
46.79% -13.73% 63.78% 17.20%
Non US
19.50% 0.00% 81.71% 56.80%

Bond Sector Breakdown

Weighting Return Low Return High CIMAX % Rank
Corporate
39.22% 0.00% 96.70% 24.40%
Securitized
28.40% 0.00% 44.18% 13.20%
Cash & Equivalents
24.17% 0.00% 99.95% 13.60%
Government
7.35% 0.00% 89.51% 84.00%
Municipal
0.86% 0.00% 98.87% 30.40%
Derivative
0.00% -0.04% 46.93% 54.80%

Bond Geographic Breakdown

Weighting Return Low Return High CIMAX % Rank
US
24.97% 0.00% 61.90% 51.20%
Non US
2.95% 0.00% 39.75% 72.00%

Expenses

CIMAX - Expenses

Operational Fees

CIMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.64% 0.01% 31.15% 63.01%
Management Fee 0.22% 0.00% 1.29% 37.20%
12b-1 Fee 0.24% 0.00% 1.00% 10.60%
Administrative Fee 0.05% 0.00% 0.40% 17.70%

Sales Fees

CIMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.50% 2.00% 5.75% 79.07%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

CIMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CIMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 67.00% 4.00% 158.00% 65.31%

Distributions

CIMAX - Distributions

Dividend Yield Analysis

CIMAX Category Low Category High CIMAX % Rank
Dividend Yield 0.00% 0.00% 16.73% 20.80%

Dividend Distribution Analysis

CIMAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

CIMAX Category Low Category High CIMAX % Rank
Net Income Ratio 3.15% -1.12% 7.22% 17.27%

Capital Gain Distribution Analysis

CIMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

CIMAX - Fund Manager Analysis

Managers

Dina Perry


Start Date

Tenure

Tenure Rank

Jan 01, 1992

28.35

28.4%

Dina Perry is a senior vice president of Capital Research and Management Company serving as a portfolio manager for several mutual funds. Prior to joining Capital Research in 1991, she was a senior portfolio manager with Neuberger & Berman, where she managed equity portfolios for pension funds and individuals. Before that, she was a vice president, portfolio manager, and chief economist at Chase Investors Management Corporation. Ms. Perry received both a BA and MA in economics from Queens College in New York City. She is based in Washington, D.C.

Hilda Applbaum


Start Date

Tenure

Tenure Rank

Oct 01, 1997

22.59

22.6%

Ms. Applbaum is a portfolio manager and senior vice president of the Capital Research and Management Company. Ms. Applbaum formerly served the California Public Employee Retirement Service.

Andrew Suzman


Start Date

Tenure

Tenure Rank

Oct 01, 1999

20.59

20.6%

Andrew B. Suzman is an equity portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 25 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Andrew covered global real-estate companies, U.S. merchandising, and Australian industrials and banks. He holds an MBA from Harvard Business School and a bachelor’s degree in political economy from Tulane University. Andrew is based in New York.

James Mulally


Start Date

Tenure

Tenure Rank

Oct 01, 2006

13.59

13.6%

James R. Mulally is a senior vice president of Capital Research and Management Company as well as Capital International Limited with global fixed-income portfolio management responsibilities. He joined the organization in 1980, and from 1983 through 1988 was based in London. Prior to coming to Capital, Mr. Mulally was a research associate with the Federal Reserve Bank of Minneapolis. He received his undergraduate degree from Dartmouth College (Phi Beta Kappa) and an MBA from Columbia University Graduate School of Business. He is based in Los Angeles.

David Daigle


Start Date

Tenure

Tenure Rank

Oct 01, 2006

13.59

13.6%

David A. Daigle is a fixed-income portfolio manager at Capital Group. As a fixed-income investment analyst, he covers wireless communications and building products companies. Earlier in his career at Capital, David covered multiple industries including health care, technology and directories. He holds an MBA from the University of Chicago Booth School of Business and a bachelor’s degree in business administration from the University of Vermont. David is based in New York.

Paul Flynn


Start Date

Tenure

Tenure Rank

Oct 01, 2012

7.58

7.6%

Paul Flynn Investment professional for 15 years in total; 13 years with Capital Research and Management Company or affiliate,Senior Vice President of Capital Research and Management Company

Anirudh Samsi


Start Date

Tenure

Tenure Rank

Jul 01, 2015

4.84

4.8%

Anirudh Samsi is a portfolio manager at Capital Group. As an equity investment analyst, he covers U.S. money centers and investment banks. Earlier in his career at Capital, he covered the U.S. insurance and IT services industries, as well as asset managers. Prior to joining Capital, Anirudh was an investment analyst for Franklin Templeton Investments. He holds an MBA from the Indian Institute of Management and a bachelor’s degree in commerce from the University of Mumbai. He also holds the Chartered Accountant® and Chartered Financial Analyst® designations. Anirudh is based in San Francisco.

Pramod Atluri


Start Date

Tenure

Tenure Rank

Oct 01, 2017

2.58

2.6%

Pramod Atluri is a vice president and fixed income portfolio manager at Capital Group. Prior to joining Capital in 2016, Pramod was a fixed income portfolio manager at Fidelity Investments where he also worked as a fixed income strategist and corporate bond analyst. Before that he was a management consultant at McKinsey & Company. He holds an MBA from Harvard Business School and a bachelor’s degree in biological chemistry from the University of Chicago where he also completed the requirements for bachelor’s degrees in economics and chemistry. He holds the Chartered Financial Analyst® designation. Pramod is based in Los Angeles.

Shannon Ward


Start Date

Tenure

Tenure Rank

Oct 01, 2017

2.58

2.6%

Shannon Ward, Vice President, has joined in Capital Group since 2017. Previously, she worked as a portfolio manager with Oaktree Capital Management. Prior to Oaktree in 2006, she spent five years as a Vice President for High Yield Investments at AIG Global Investment Group. Before that, she spent over five years at Banc of America Securities, most recently as a Managing Director in the Entertainment/Media Group, and after her M.B.A., joined Union Bank of California as an Assistant Vice President in the Communications and Media Group. Ms. Ward received a B.A. degree in Psychology from the University of California, Santa Barbara and an M.B.A. with a concentration in Finance from the University of Southern California.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 28.68 8.44 7.67