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American Funds Income Fund of Amer 529A CIMAX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 22.59  /  0.27 %
  • Total Assets 115.3 Bil
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.610%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Moderately Aggressive Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 3.30%
  • Turnover 40%

Morningstar’s Analysis CIMAX

Will CIMAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Upcoming Portfolio Manager Changes Don't Affect This Fund's Ratings

null Greg Carlson

Greg Carlson

Analyst Note

Capital Group, the advisor to the American Funds, announced on July 1 that Paul Flynn, an equity portfolio manager on this fund since 2012, will step down from those duties on October 1 and retire from the firm at the end of 2023. Also, Dimitrije Mitrinovic and Justin Toner will be disclosed as managers of the fund on Aug. 1, 2023. These upcoming changes don’t detract from our confidence in the large, experienced crew behind this fund. It retains its Above Average People rating. Flynn, a 25-year veteran of the firm, has also comanaged American Funds International Growth & Income since 2017 and is relinquishing his duties there on November 1. Mitrinovic, an equity manager, has worked at Capital for 15 years and has comanaged American Funds SMALLCAP World since 2015 and American Funds Fundamental Investors since 2020. Toner is a 21-year Capital veteran who invests in both stocks and bonds.

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Portfolio Holdings CIMAX

  • Current Portfolio Date
  • Equity Holdings 225
  • Bond Holdings 2202
  • Other Holdings 28
  • % Assets in Top 10 Holdings 18.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

6.40
7,227,037,284
Cash and Equivalents
3.08
3,472,739,958
Consumer Defensive
2.40
2,713,048,041
Technology
2.29
2,580,583,930
Healthcare
1.78
2,014,772,431
Financial Services
1.55
1,754,262,569
Financial Services
1.47
1,655,515,220
Communication Services
1.44
1,629,359,620
Industrials
1.41
1,593,820,748
Technology
1.38
1,553,583,290
Healthcare