CIMAX: American Funds The Income Fund of America® - MutualFunds.com

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CIMAX - Snapshot

Vitals

  • YTD Return 0.4%
  • 3 Yr Annualized Return 2.9%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $105 B
  • Holdings in Top 10 26.5%

52 WEEK LOW AND HIGH

$23.27
$17.25
$23.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.62%

SALES FEES

  • Front Load 3.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 117.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification


Compare CIMAX to Popular U.S. Growth/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$23.34

+0.04%

$105.11 B

2.83%

$0.66

0.43%

-

$40.15

+0.50%

$16.13 B

1.87%

$0.75

11.10%

-

$17.26

+0.52%

$10.80 B

1.64%

$0.28

11.43%

-

$16.25

+0.50%

$9.86 B

1.84%

$0.30

13.56%

-

$55.05

+0.42%

$6.45 B

1.99%

$1.09

12.32%

-

CIMAX - Profile

Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.27%
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.


CIMAX - Performance

Return Ranking - Trailing

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -46.2% 26.7% 83.50%
1 Yr -1.9% -34.5% 27.2% 80.33%
3 Yr 2.9%* -12.8% 13.4% 74.83%
5 Yr 5.6%* -2.1% 12.3% 72.97%
10 Yr 7.3%* 3.5% 11.2% 61.23%

* Annualized

Return Ranking - Calendar

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.6% 1.1% 24.7% 65.65%
2018 -11.7% -30.8% -3.9% 31.01%
2017 7.8% -4.4% 18.6% 76.58%
2016 7.1% -7.8% 13.8% 18.32%
2015 -6.3% -20.0% -1.0% 39.75%

Total Return Ranking - Trailing

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -46.2% 26.7% 83.50%
1 Yr -5.3% -37.8% 27.2% 85.25%
3 Yr 1.7%* -12.8% 13.4% 81.21%
5 Yr 4.8%* -2.5% 12.3% 77.36%
10 Yr 6.9%* 3.5% 11.2% 69.16%

* Annualized

Total Return Ranking - Calendar

Period CIMAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.6% 1.1% 25.0% 65.65%
2018 -9.9% -27.2% -2.5% 41.46%
2017 13.3% -4.4% 22.8% 71.38%
2016 10.5% -7.8% 22.5% 9.16%
2015 -1.5% -20.0% 7.6% 27.05%

NAV & Total Return History


CIMAX - Holdings

Concentration Analysis

CIMAX Category Low Category High CIMAX % Rank
Net Assets 105 B 824 K 105 B 0.64%
Number of Holdings 1892 4 19962 5.77%
Net Assets in Top 10 28.6 B 758 K 28.6 B 0.64%
Weighting of Top 10 26.46% 12.5% 100.0% 87.37%

Top 10 Holdings

  1. Capital Group Central Cash Fund 9.35%
  2. Capital Group Central Cash Fund 9.35%
  3. Capital Group Central Cash Fund 9.35%
  4. Capital Group Central Cash Fund 9.35%
  5. Capital Group Central Cash Fund 9.35%
  6. Capital Group Central Cash Fund 9.35%
  7. Capital Group Central Cash Fund 9.35%
  8. Capital Group Central Cash Fund 9.35%
  9. Capital Group Central Cash Fund 9.35%
  10. Capital Group Central Cash Fund 9.35%

Asset Allocation

Weighting Return Low Return High CIMAX % Rank
Stocks
68.87% 30.35% 98.16% 75.96%
Bonds
26.49% 0.00% 56.61% 10.90%
Cash
3.11% -10.26% 48.48% 51.28%
Preferred Stocks
1.08% 0.00% 13.57% 12.18%
Convertible Bonds
0.45% 0.00% 26.83% 19.55%
Other
0.00% -1.75% 15.60% 74.36%

Stock Sector Breakdown

Weighting Return Low Return High CIMAX % Rank
Financial Services
13.65% 0.00% 47.45% 33.97%
Consumer Defense
13.53% 0.00% 17.97% 5.13%
Healthcare
13.40% 0.00% 36.13% 61.22%
Technology
13.19% 0.00% 50.43% 84.94%
Industrials
10.64% 0.00% 28.43% 41.35%
Real Estate
9.41% 0.00% 66.67% 8.33%
Utilities
7.75% 0.00% 19.98% 2.56%
Basic Materials
5.22% 0.00% 18.42% 14.10%
Communication Services
5.19% 0.00% 20.22% 89.10%
Consumer Cyclical
4.89% 0.00% 59.01% 91.99%
Energy
3.14% 0.00% 23.25% 25.64%

Stock Geographic Breakdown

Weighting Return Low Return High CIMAX % Rank
US
47.89% 18.80% 86.81% 75.00%
Non US
20.98% 0.00% 38.01% 50.64%

Bond Sector Breakdown

Weighting Return Low Return High CIMAX % Rank
Corporate
41.20% 0.00% 100.00% 29.81%
Securitized
25.24% 0.00% 49.20% 15.71%
Cash & Equivalents
24.72% 0.00% 100.00% 24.36%
Government
7.98% 0.00% 95.54% 76.92%
Municipal
0.86% 0.00% 18.53% 24.68%
Derivative
0.00% 0.00% 38.36% 55.45%

Bond Geographic Breakdown

Weighting Return Low Return High CIMAX % Rank
US
23.22% 0.00% 46.65% 12.18%
Non US
3.27% -3.93% 13.47% 29.49%

CIMAX - Expenses

Operational Fees

CIMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.01% 3.97% 56.61%
Management Fee 0.22% 0.00% 1.75% 55.27%
12b-1 Fee 0.24% 0.00% 1.00% 16.67%
Administrative Fee 0.05% 0.01% 0.28% 26.37%

Sales Fees

CIMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.50% 2.00% 5.75% 83.02%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CIMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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 117.00% 0.00% 442.00% 89.77%

CIMAX - Distributions

Dividend Yield Analysis

CIMAX Category Low Category High CIMAX % Rank
Dividend Yield 0.00% 0.00% 9.31% 6.71%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CIMAX Category Low Category High CIMAX % Rank
Net Income Ratio 3.27% -1.20% 6.49% 7.59%

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 +

CIMAX - Fund Manager Analysis

Managers

Dina Perry


Start Date

Tenure

Tenure Rank

Jan 01, 1992

28.85

28.9%

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.

Andrew Suzman


Start Date

Tenure

Tenure Rank

Oct 01, 1999

21.1

21.1%

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.

David Daigle


Start Date

Tenure

Tenure Rank

Oct 01, 2006

14.09

14.1%

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

8.09

8.1%

Paul Flynn is a portfolio manager at Capital Group and one of the portfolio managers of Capital Group Global Balanced Fund (Canada). Earlier in his career, as an equity investment analyst at Capital, Paul covered the global auto industry, as well as European business services and beverage companies. Prior to joining Capital, Paul was a consultant with Bain and Company. He holds an MBA from Harvard Business School. Paul is based in Geneva.

Pramod Atluri


Start Date

Tenure

Tenure Rank

Oct 01, 2017

3.08

3.1%

Pramod Atluri is a fixed income portfolio manager at Capital Group. He has 21 years of investment industry experience and has been with Capital Group for four years. Prior to joining Capital, 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

3.08

3.1%

Shannon Ward is a fixed income portfolio manager at Capital Group. She has 26 years of investment industry experience and has been with Capital Group for two years. Prior to joining Capital, Shannon worked as a portfolio manager at Oaktree Capital Management. She holds an MBA from the University of Southern California and a bachelor's degree in psychology from University of California, Santa Barbara. Shannon is based in Los Angeles.

Bradley Vogt


Start Date

Tenure

Tenure Rank

Jun 01, 2020

0.42

0.4%

Bradley J. Vogt is an equity portfolio manager at Capital Group. He is chairman of Capital Research Company. and serves on the Capital Group Companies Management Committee. Brad began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in international politics and economics from Wesleyan University. Brad is based in Washington, D.C.

Caroline Randall


Start Date

Tenure

Tenure Rank

Jun 01, 2020

0.42

0.4%

Caroline Randall is a portfolio manager at Capital Group. As an equity investment analyst she covers European utilities companies. She has over 20 years of investment experience and has been with Capital Group since 2006. Earlier in her career at Capital, she also covered European transportation companies. Prior to joining Capital, she was head of European utilities research at J.P. Morgan. Before that, she was an analyst with Schroder Securities and an associate in investment banking at Deutsche Bank. She holds both a master’s and bachelor’s degree in economics from the University of Cambridge. Caroline is based in London.

Joyce Gordon


Start Date

Tenure

Tenure Rank

Jun 01, 2020

0.42

0.4%

Joyce E. Gordon is an equity portfolio manager at Capital Group. She has 38 years of investment experience and has been with Capital Group for 43 years. Earlier in her career, as an equity investment analyst at Capital, she covered thrifts, banking, and paper & forest products companies. She holds an MBA and a bachelor’s degree in business finance from the University of Southern California. Joyce is based in Los Angeles.

John Queen


Start Date

Tenure

Tenure Rank

Oct 01, 2020

0.08

0.1%

John R. Queen is president at Capital Research and Management Company. Prior to that, Queen is a portfolio manager with Mercury Advisors, his employer since 1997. Prior to joining the firm, he was associated with The Capital Group.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.86 6.42 0.83
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