American Funds Income Fund of Amer 529F2 (FAIFX)
| Fund Assets | 138.50B |
| Expense Ratio | 0.35% |
| Min. Investment | $250 |
| Turnover | 92.00% |
| Dividend (ttm) | 1.61 |
| Dividend Yield | 5.78% |
| Dividend Growth | 77.68% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 27.80 |
| YTD Return | 16.87% |
| 1-Year Return | 13.62% |
| 5-Year Return | 55.45% |
| 52-Week Low | 23.11 |
| 52-Week High | 27.99 |
| Beta (5Y) | n/a |
| Holdings | 3106 |
| Inception Date | Oct 30, 2020 |
About FAIFX
American Funds Income Fund of America 529-F2 is a diversified mutual fund designed specifically to provide **current income** while also seeking **capital growth** as a secondary objective. Classified as a growth and income fund, it primarily invests in a balanced mix of **dividend-paying stocks** and **bonds**, with 60% to 80% of assets typically allocated to equities such as common stocks and other equity-type securities. The fund holds a large, varied portfolio—over 2,900 holdings—with a strong emphasis on U.S.-based companies, but it also includes exposure to non-U.S. markets. Key features of this fund include **quarterly income distributions** with a focus on consistent yield, and a relatively low expense ratio for its class. Its structure as a 529-F2 share class makes it suitable for education-focused investment accounts, typically in state-sponsored 529 college savings plans. The fund appeals to investors seeking steady income from a professionally managed portfolio, as well as the opportunity for gradual long-term asset growth, making it a significant vehicle for college savers aiming to balance risk, return, and income generation in the financial market.
Performance
FAIFX had a total return of 13.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.38%.
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 |
|---|---|---|
| Sep 15, 2025 | $0.1849 | Sep 16, 2025 |
| Jun 9, 2025 | $0.1839 | Jun 10, 2025 |
| Mar 10, 2025 | $0.1837 | Mar 11, 2025 |
| Dec 16, 2024 | $1.0623 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1838 | Sep 17, 2024 |
| Jun 10, 2024 | $0.1831 | Jun 11, 2024 |