• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Up0.10% Nasdaq Up0.43%

    American Funds Income Fund of Amer A (AMECX)

    20.99 Up 0.01(0.05%) May 26

    Profile as of Apr 29, 2016Get Profile for:
    American Funds Income Fund of Amer A
    The Income Fund of America, Inc.One Market, Steuart Tower, Suite 1800San Francisco, CA 94105-1409
    Phone: 800-421-4225
    Fund Overview 
    Category:Allocation--70% to 85% Equity
    Fund Family:American Funds
    Net Assets:97.06B
    Year-to-Date Return:3.85%
    Morningstar Rating:4 stars
    Fund Inception Date:Nov 30, 1973
    Morningstar Style Box 
    Allocation--70% to 85% Equity
    [View Category Definition]
    View Top Allocation--70% to 85% Equity Funds
    About the Morningstar Style Box
    Management Information 
    Dina N. Perry
    Lead Manager since Jan 1, 1992
    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.
    Investment Information 
    Min Initial Investment:250
    Min Initial Investment, IRA:25
    Min Initial Investment, AIP:50
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:25
    Min Subsequent Investment, AIP:50
    AMECX can be purchased from 94 brokerages.

    Fund Summary 
    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 25% of its assets in equity securities of issuers domiciled outside the United States, including issuers in developing countries.

    Fund Operations 
    Last Dividend (Mar 15, 2016) : 0.17
    Last Cap Gain : 0.00
    Annual Holdings Turnover (May 25, 2016) : 45.00%
    Average for Category:58.10%
    Fees & Expenses 
    ExpenseAMECXCategory Avg
    Annual Report Expense Ratio (net):0.55%0.90%
    Prospectus Net Expense Ratio:0.55%N/A
    Prospectus Gross Expense Ratio:0.55%N/A
    Max 12b1 Fee:0.24%N/A
    Max Front End Sales Load:5.75%5.30%
    Max Deferred Sales Load: N/A2.23%
    3 Yr Expense Projection*:741562
    5 Yr Expense Projection*:865883
    10 Yr Expense Projection*:1,2251,790
    * Per $10,000 invested