- ISIN
- US4533201038
- CUSIP
- 453320103
- Issuer
- American Funds
- Inception Date
- Dec 1, 1973
- Region
- Global (Global)
- Category
- Diversified Portfolio, Dividend
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AMECX Performance Chart
American Funds The Income Fund of America Class A (AMECX) is up 5.5% since the beginning of the year. AMECX is currently trading at $27 per share. Investors who bought $1,000 worth of AMECX shares 5 years ago would now be looking at an investment worth $1,475.
Loading charts...
Returns By Period
American Funds The Income Fund of America Class A (AMECX) has returned 5.48% so far this year and 14.19% over the past 12 months. Over the last ten years, AMECX has returned 8.39% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
American Funds The Income Fund of America Class A
- 1D
- -0.40%
- 1M
- -1.02%
- YTD
- 5.48%
- 6M
- 5.52%
- 1Y
- 14.19%
- 3Y*
- 12.78%
- 5Y*
- 8.08%
- 10Y*
- 8.39%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
AMECX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 1970, AMECX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.
Historically, 63% of months were positive and 37% were negative. The best month was Dec 2007 with a return of +22.3%, while the worst month was Oct 2008 at -13.9%. The longest winning streak lasted 19 consecutive months, and the longest losing streak was 8 months.
On a daily basis, AMECX closed higher 51% of trading days. The best single day was Dec 21, 2007 with a return of +25.2%, while the worst single day was Nov 30, 1973 at -9.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.68% | 3.84% | -4.48% | 3.11% | 0.47% | -0.99% | 5.48% | ||||||
| 2025 | 3.19% | 2.18% | -0.74% | -0.32% | 3.12% | 2.73% | -0.30% | 2.67% | 1.36% | -0.51% | 2.38% | 0.82% | 17.77% |
| 2024 | -0.47% | 1.11% | 3.66% | -2.68% | 2.50% | 0.21% | 4.15% | 2.51% | 1.57% | -0.96% | 2.22% | -3.17% | 10.84% |
| 2023 | 3.18% | -3.08% | 0.81% | 1.59% | -3.26% | 3.15% | 2.06% | -2.06% | -3.13% | -1.87% | 5.49% | 4.25% | 6.79% |
| 2022 | -1.35% | -1.25% | 1.31% | -3.47% | 1.72% | -6.51% | 3.16% | -2.35% | -7.00% | 5.91% | 6.02% | -1.78% | -6.40% |
| 2021 | -0.17% | 2.42% | 3.68% | 2.66% | 2.36% | -0.33% | 0.43% | 1.35% | -2.93% | 3.35% | -1.76% | 5.37% | 17.37% |
Benchmark Metrics
American Funds The Income Fund of America Class A has an annualized alpha of 3.96%, beta of 0.47, and R2 of 0.52 versus S&P 500 Index. Calculated based on daily prices since December 31, 1970.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (59.26%) than losses (53.45%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 3.96% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.47 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 3.96%
- Beta
- 0.47
- R²
- 0.52
- Upside Capture
- 59.26%
- Downside Capture
- 53.45%
Expense Ratio
AMECX has an expense ratio of 0.56%, placing it in the medium range.
Return for Risk
Risk / Return Rank
AMECX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Funds The Income Fund of America Class A (AMECX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMECX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.78 | -0.45 |
| Martin ratioReturn relative to average drawdown | 8.61 | 12.44 | -3.83 |
Dividends
Dividend History
American Funds The Income Fund of America Class A provided a 9.55% dividend yield over the last twelve months, with an annual payout of $2.60 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.60 | $2.60 | $1.56 | $0.69 | $1.58 | $1.72 | $0.66 | $1.16 | $1.54 | $1.00 | $0.67 | $1.03 |
Dividend yield | 9.55% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds The Income Fund of America Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.34 | ||||||
| 2025 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $2.09 | $2.60 |
| 2024 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $1.05 | $1.56 |
| 2023 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.69 |
| 2022 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $1.09 | $1.58 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $1.23 | $1.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds The Income Fund of America Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds The Income Fund of America Class A was 41.92%, occurring on Mar 9, 2009. Recovery took 269 trading sessions.
The current American Funds The Income Fund of America Class A drawdown is 2.02%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -41.92%Mar 2009 | 1y 2mo | 1y 23d | 2y 3moDec 2007 - Apr 2010 |
1974 bear market1974 | -30.46%Dec 1974 | 1y 11mo | 1y 1mo | 3y 1moDec 1972 - Jan 1976 |
COVID crash2020 | -26.13%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 |
1980 bear market1980 | -20.07%Mar 1980 | 3y 2mo | 1y 2mo | 4y 5moJan 1977 - Jun 1981 |
Black Monday1987 | -18.55%Oct 1987 | 7mo 5d | 1y 4mo | 1y 11moMar 1987 - Mar 1989 |
Drawdown Indicators
| AMECX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -56.78% | +14.86% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -9.10% | +2.97% |
Max Drawdown (3Y)Largest decline over 3 years | -8.58% | -18.90% | +10.32% |
Max Drawdown (5Y)Largest decline over 5 years | -15.78% | -25.43% | +9.65% |
Max Drawdown (10Y)Largest decline over 10 years | -26.13% | -33.92% | +7.79% |
Current DrawdownCurrent decline from peak | -2.02% | -1.80% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -10.71% | +6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 2.03% | -0.37% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AMECX
Add American Funds The Income Fund of America Class A to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AMECX