American Funds The Income Fund of America Class C (IFACX)
| Fund Assets | 138.50B |
| Expense Ratio | 1.33% |
| Min. Investment | $250 |
| Turnover | 92.00% |
| Dividend (ttm) | 1.36 |
| Dividend Yield | 4.98% |
| Dividend Growth | 100.62% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 27.30 |
| YTD Return | 15.19% |
| 1-Year Return | 11.74% |
| 5-Year Return | 48.49% |
| 52-Week Low | 22.81 |
| 52-Week High | 27.46 |
| Beta (5Y) | n/a |
| Holdings | 3106 |
| Inception Date | Nov 30, 1973 |
About IFACX
American Funds The Income Fund of America® Class C is a diversified mutual fund aiming primarily to deliver current income with a secondary objective of capital growth. Managed by Capital Research and Management Company, one of the oldest investment firms in the United States, this fund utilizes a multi-manager approach. It typically invests in a mix of income-producing securities including dividend-paying stocks and interest-bearing bonds, with at least 60% of assets in equities, and allocates a portion to international securities for added diversification. The portfolio’s sector exposures are significant across financials, consumer staples, health care, energy, and information technology, reflecting a balance between yield generation and long-term appreciation potential. Its flexible allocation—combining U.S. and non-U.S. equities, as well as a measured allocation to bonds and cash—positions the fund within the global moderate allocation category. This structure seeks to mitigate market declines while providing shareholders with regular income distributions, paid quarterly. Serving over 58,000 accounts and managing assets exceeding $130 billion as of 2025, the fund plays a prominent role for investors seeking steady income and relative stability within a diversified investment vehicle.
Performance
IFACX had a total return of 11.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.56%.
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 | $0.1188 | Sep 16, 2025 |
| Jun 9, 2025 | $0.1235 | Jun 10, 2025 |
| Mar 10, 2025 | $0.1239 | Mar 11, 2025 |
| Dec 16, 2024 | $0.998 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1235 | Sep 17, 2024 |
| Jun 10, 2024 | $0.1252 | Jun 11, 2024 |