Skip to Content
Morningstar

American Funds Income Fund of Amer R4 RIDEX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 24.82  /  +0.85 %
  • Total Assets 123.4 Bil
  • Adj. Expense Ratio
    0.620%
  • Expense Ratio 0.620%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Moderately Aggressive Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 3.53%
  • Turnover 95%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis RIDEX

Will RIDEX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RIDEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RIDEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RIDEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid team is weathering a number of manager changes.

Senior Analyst Greg Carlson

Greg Carlson

Senior Analyst

Summary

The portfolio manager roster of American Funds Income Fund of America has turned over significantly in recent years, but the team still boasts veterans well-versed in its proven approach.

by Greg Carlson
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings RIDEX

More RIDEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

6.84 8.3 Bil
Cash and Equivalents

Broadcom Inc

2.65 3.2 Bil
Technology

Philip Morris International Inc

2.46 3.0 Bil
Consumer Defensive

JPMorgan Chase & Co

2.24 2.7 Bil
Financial Services

Gilead Sciences Inc

1.79 2.2 Bil
Healthcare

Microsoft Corp

1.78 2.2 Bil
Technology

EOG Resources Inc

1.60 1.9 Bil
Energy

BAE Systems PLC

1.56 1.9 Bil
Industrials

Taiwan Semiconductor Manufacturing Co Ltd

1.39 1.7 Bil
Technology

The Home Depot Inc

1.24 1.5 Bil
Consumer Cyclical