The Income Fund of America
Overview
The Income Fund of America is a mutual fund managed by Capital Group, focusing on income-generating investments. It aims to provide current income while also seeking capital growth. The fund primarily invests in dividend-paying stocks and fixed-income securities, including high-yield debt, which may lead to low volatility and attractive downside resilience. It may also invest up to 30% of its assets in equities of companies outside the U.S. and up to 10% in fixed-income securities outside the U.S. denominated in U.S. dollars. The fund's portfolio managers and investment analysts seek to identify innovative companies across a broad range of sectors. They focus on companies with sustainable business models, strong financial positions, and durable current yield. The fund's investment professionals aim to deliver competitive results for investors by investing across sectors and industries in pursuit of its income objective. Historically, dividends have played a significant role in investors' returns, providing some downside cushion during difficult periods and serving as a source of return in various market environments. The Income Fund of America's flexible investment approach has navigated different market environments driven by its pursuit of income, balancing higher-yielding debt investments with high-quality bonds to act as a stabilizer for the portfolio. The fund's expense ratio is 0.31% as of July 31, 2025, and it has a portfolio turnover of 65%.
Investment Focus
- Accredited investor status required for certain share classes
Portfolio Companies
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Unlock full contacts →Frequently asked questions about The Income Fund of America
What sectors does The Income Fund of America invest in?
The Income Fund of America invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Industrials, and is based in California, United States. The Income Fund of America is listed as a mutual fund in the ConnectSafely investor database.
What stage does The Income Fund of America invest at?
The Income Fund of America backs companies at Growth and Late Stage, writing cheques of 1M - 50M.
Which regions does The Income Fund of America invest in?
The Income Fund of America invests across United States, United Kingdom, Canada, Germany, Hong Kong and Japan.
What companies has The Income Fund of America invested in?
The Income Fund of America's portfolio includes JPMorgan Chase, Citigroup, Broadcom, Nestlé, CVS Health, Philip Morris International, Gilead Sciences and TSMC.
Last updated · Source: ConnectSafely investor database
