The Income Fund Of America, Class A Shares: (MF: AMECX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$23.72 USD
-0.07 (-0.29%)
Fund Description
The fund was incepted in December 1973 and is managed by Capital Research and Management Company. The objective of this fund is to seek current income and, secondarily, growth of capital through a flexible mix of equity and debt instruments. The fund invests primarily in common or preferred stocks, convertible securities, bonds, U.S. and non-U.S. government securities, cash and equivalents. The fund invests only 20% of its assets in securities rated below investment grade. A team of nine portfolio counselors manages the fund. They are Hilda L. Applbaum, David C. Barclay, Stephen E. Bepler, Abner D. Goldstine, Darcy B. Kopcho, Janet A. Mc Kinley, Dina N. Perry, John H. Smet and Andrew B. Suzman. The fund offers dividends quarterly in March, June, September and December. The fund distributes capital gains in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| American Funds Inc Fnd of Amer A | AMECX | 5.75 | NA | 0.00 | 0.25 | 0.23 | 0.57 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| American Funds Inc Fnd of Amer A | AMECX | 23.72 | 12/31/1970 | 0.65 | 11.33 | 4.91 | 7.22 |
| American Funds Inc Fnd of Amer R5 | RIDFX | 24.11 | 11/1/2002 | 0.72 | 11.62 | 5.17 | 7.49 |
| American Funds Inc Fnd of Amer R4 | RIDEX | 24.06 | 11/30/1973 | 0.65 | 11.27 | 4.86 | 7.09 |
| American Funds Inc Fnd of Amer R3 | RIDCX | 24.00 | 11/30/1973 | 0.58 | 10.92 | 4.54 | 6.85 |
| American Funds Inc Fnd of Amer R2 | RIDBX | 23.75 | 11/30/1973 | 0.49 | 10.46 | 4.07 | 6.37 |
| American Funds Inc Fnd of Amer R1 | RIDAX | 23.94 | 11/30/1973 | 0.48 | 10.46 | 4.18 | 6.44 |
| American Funds Inc Fnd of Amer C | IFACX | 23.72 | 3/15/2001 | 0.49 | 10.45 | 4.10 | 6.41 |
| American Funds Inc Fnd of Amer F | IFAFX | 24.03 | 11/30/1973 | 0.64 | 11.24 | 4.84 | 7.15 |
| American Funds Inc Fnd of Amer 529A | CIMAX | 24.05 | 11/30/1973 | 0.66 | 11.27 | 4.87 | 7.10 |
| American Funds Inc Fnd of Amer 529C | CIMCX | 24.00 | 11/30/1973 | 0.50 | 10.45 | 4.06 | 6.36 |
| American Funds Inc Fnd of Amer 529E | CIMEX | 23.95 | 11/30/1973 | 0.62 | 11.02 | 4.61 | 6.92 |
| American Funds Inc Fnd of Amer 529F | CIMFX | 24.03 | 11/30/1973 | 0.71 | 11.46 | 5.03 | 7.37 |
| American Funds Inc Fnd of Amer F2 | AMEFX | 24.08 | 8/1/2008 | 0.72 | 11.52 | 5.10 | 7.43 |
| American Funds Inc Fnd of Amer R6 | RIDGX | 24.12 | 5/1/2009 | 0.73 | 11.62 | 5.22 | 7.54 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| American Funds Inc Fnd of Amer A | AMECX | 250 | 50 | 25 | Q |
Contact Information
| Family | American Funds |
| Address | 333 S Hope St Los Angeles, CA 90071 |
| Phone | 800 421-4225 |