American Funds Income Fund of Amer 529C (CIMCX)
| Fund Assets | 133.81B |
| Expense Ratio | 1.38% |
| Min. Investment | $250 |
| Turnover | 92.00% |
| Dividend (ttm) | 1.36 |
| Dividend Yield | 5.04% |
| Dividend Growth | 102.22% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 26.81 |
| YTD Return | 11.84% |
| 1-Year Return | 14.82% |
| 5-Year Return | 51.10% |
| 52-Week Low | 23.31 |
| 52-Week High | 26.92 |
| Beta (5Y) | n/a |
| Holdings | 3106 |
| Inception Date | Feb 19, 2002 |
About CIMCX
American Funds The Income Fund of America Class 529-C is a globally diversified mutual fund designed to generate consistent income while also pursuing moderate capital appreciation. The fund follows a multi-asset approach, investing primarily in a mix of **dividend-paying stocks and bonds**, typically maintaining an allocation of 60%-80% in equities with the balance in fixed income securities. It favors companies across a range of market capitalizations and sectors, focusing on those with reliable dividend histories and growth potential. The fund's structure aims to provide investors with a blend of income generation and downside resilience, positioning it as a core holding for those seeking both stability and moderate growth. Managed by multiple experienced portfolio managers, the fund emphasizes diversification, risk control, and a flexible allocation strategy to adapt to shifting market conditions. As a 529-C class offering, it also provides features suitable for education savings plans, aligning with long-term financial planning objectives. The Income Fund of America Class 529-C stands out in its category for its substantial asset base and consistent income track record, serving as a prominent choice within the moderate allocation segment.
Performance
CIMCX had a total return of 14.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.20%.
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 | $0.1205 | Jun 10, 2025 |
| Mar 10, 2025 | $0.1227 | Mar 11, 2025 |
| Dec 16, 2024 | $0.9922 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1201 | Sep 17, 2024 |
| Jun 10, 2024 | $0.1217 | Jun 11, 2024 |
| Mar 11, 2024 | $0.1252 | Mar 12, 2024 |