American Funds Income Fund of Amer 529A (CIMAX)
| Fund Assets | 133.81B |
| Expense Ratio | 0.61% |
| Min. Investment | $250 |
| Turnover | 92.00% |
| Dividend (ttm) | 1.55 |
| Dividend Yield | 5.54% |
| Dividend Growth | 82.63% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 26.77 |
| YTD Return | 11.13% |
| 1-Year Return | 14.46% |
| 5-Year Return | 54.92% |
| 52-Week Low | 23.35 |
| 52-Week High | 27.00 |
| Beta (5Y) | n/a |
| Holdings | 3106 |
| Inception Date | Feb 15, 2002 |
About CIMAX
American Funds The Income Fund of America® Class 529-A is a diversified mutual fund designed to deliver a blend of current income and long-term capital growth. Managed by Capital Group, this fund employs a multi-manager approach and invests primarily in a combination of dividend-paying equities and bonds, with equity holdings typically representing 60% to 80% of the portfolio. The fund maintains moderate risk by allocating assets across multiple sectors—including technology, consumer defensive, financial services, healthcare, and industrials—to balance income generation with growth potential. Class 529-A shares are tailored for investors leveraging 529 college savings plans, aiming to grow assets for education-related expenses. The fund's portfolio strategy extends to both U.S. and global securities, allowing for geographic diversification and risk mitigation. With a relatively low net expense ratio compared to its category average and a seasoned management team, the fund is well-regarded for its combination of steady income distributions and disciplined capital appreciation. The Income Fund of America® Class 529-A holds a significant place within the moderate allocation category and appeals to investors seeking a balanced, income-oriented investment approach within tax-advantaged accounts.
Performance
CIMAX had a total return of 14.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.93%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAIOX | Fidelity | Fidelity Advisor Balanced Fund | 0.57% |
| FZAAX | Fidelity | Fidelity Advisor Balanced Fund Class Z | 0.45% |
| FABCX | Fidelity | Fidelity Advisor Balanced Fund | 1.57% |
| FAIGX | Fidelity | Fidelity Advisor Balanced Fund Class M | 1.07% |
| FABLX | Fidelity | Fidelity Advisor Balanced Fund Class A | 0.82% |
Top 10 Holdings
22.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 7.24% |
| Philip Morris International Inc. | PM | 3.35% |
| Broadcom Inc. | AVGO | 1.99% |
| Gilead Sciences, Inc. | GILD | 1.64% |
| BAE Systems plc | BA | 1.62% |
| EOG Resources, Inc. | EOG | 1.53% |
| JPMorgan Chase & Co. | JPM | 1.49% |
| Nestlé S.A. | NESN | 1.18% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 1.15% |
| Microsoft Corporation | MSFT | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.1682 | Jun 10, 2025 |
| Mar 10, 2025 | $0.1683 | Mar 11, 2025 |
| Dec 16, 2024 | $1.0457 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1676 | Sep 17, 2024 |
| Jun 10, 2024 | $0.168 | Jun 11, 2024 |
| Mar 11, 2024 | $0.1678 | Mar 12, 2024 |