- ISIN
- US4533208223
- CUSIP
- 453320822
- Issuer
- American Funds
- Inception Date
- Dec 1, 1973
- Category
- Diversified Portfolio
- Min. Investment
- $250
- Index Tracked
- 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
AMEFX Performance Chart
American Funds The Income Fund of America® Class F-2 (AMEFX) is up 6.5% since the beginning of the year. AMEFX is currently trading at $28 per share. Investors who bought $1,000 worth of AMEFX shares 5 years ago would now be looking at an investment worth $1,462.
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Returns By Period
American Funds The Income Fund of America® Class F-2 (AMEFX) has returned 6.47% so far this year and 15.76% over the past 12 months. Over the last ten years, AMEFX has returned 8.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.33% annually.
American Funds The Income Fund of America® Class F-2
- 1D
- 0.55%
- 1M
- 0.58%
- YTD
- 6.47%
- 6M
- 7.64%
- 1Y
- 15.76%
- 3Y*
- 14.10%
- 5Y*
- 7.89%
- 10Y*
- 8.68%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- -0.21%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
AMEFX Monthly Returns History
Based on dividend-adjusted daily data since Aug 1, 2008, AMEFX's average daily return is +0.03%, while the average monthly return is +0.69%. At this rate, an investment would double in approximately 8.4 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +8.4%, while the worst month was Oct 2008 at -13.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, AMEFX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +6.7%, while the worst single day was Mar 16, 2020 at -7.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.68% | 3.85% | -4.45% | 3.12% | 0.47% | -0.11% | 6.47% | ||||||
| 2025 | 3.24% | 2.19% | -0.73% | -0.32% | 3.17% | 2.75% | -0.30% | 2.68% | 1.41% | -0.51% | 2.42% | 0.84% | 18.03% |
| 2024 | -0.43% | 1.12% | 3.67% | -2.64% | 2.54% | 0.22% | 4.15% | 2.51% | 1.62% | -0.96% | 2.22% | -3.16% | 11.08% |
| 2023 | 3.19% | -3.04% | 0.83% | 1.59% | -3.27% | 3.21% | 2.07% | -2.02% | -3.13% | -1.83% | 5.45% | 4.21% | 6.92% |
| 2022 | -1.32% | -1.26% | 1.29% | -3.44% | 1.72% | -6.47% | 3.16% | -2.35% | -6.96% | 5.96% | 5.98% | -1.73% | -6.22% |
| 2021 | -0.13% | 2.43% | 3.73% | 2.66% | 2.36% | -0.32% | 0.43% | 1.39% | -2.92% | 3.36% | -1.72% | 5.39% | 17.63% |
Benchmark Metrics
American Funds The Income Fund of America® Class F-2 has an annualized alpha of 1.69%, beta of 0.56, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since August 04, 2008.
- This fund participated in 65.76% of S&P 500 Index downside but only 61.75% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.56 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
- 1.69%
- Beta
- 0.56
- R²
- 0.89
- Upside Capture
- 61.75%
- Downside Capture
- 65.76%
Expense Ratio
AMEFX has an expense ratio of 0.37%, placing it in the medium range.
Return for Risk
Risk / Return Rank
AMEFX ranks 56 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 F-2 (AMEFX) and compare them to S&P 500 Index.
| AMEFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.36 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.69 | -0.05 |
| Martin ratioReturn relative to average drawdown | 9.92 | 12.34 | -2.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
American Funds The Income Fund of America® Class F-2 provided a 9.60% dividend yield over the last twelve months, with an annual payout of $2.65 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 | $2.65 | $2.65 | $1.61 | $0.72 | $1.63 | $1.78 | $0.71 | $1.20 | $1.58 | $1.02 | $0.71 | $1.07 |
Dividend yield | 9.60% | 10.16% | 6.60% | 3.09% | 7.21% | 6.87% | 3.00% | 5.19% | 7.67% | 4.38% | 3.27% | 5.27% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds The Income Fund of America® Class F-2. 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 | $0.18 | $0.00 | $0.00 | $0.00 | $0.18 | ||||||
| 2025 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $2.10 | $2.65 |
| 2024 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $1.06 | $1.61 |
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.72 |
| 2022 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $1.10 | $1.63 |
| 2021 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $1.24 | $1.78 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds The Income Fund of America® Class F-2. 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 F-2 was 37.22%, occurring on Mar 9, 2009. Recovery took 277 trading sessions.
The current American Funds The Income Fund of America® Class F-2 drawdown is 1.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -37.22%Mar 2009 | 6mo 29d | 1y 1mo | 1y 8moAug 2008 - Apr 2010 |
COVID crash2020 | -26.10%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 |
Bear market2022 | -15.67%Sep 2022 | 8mo 20d | 1y 4mo | 2y 1moJan 2022 - Feb 2024 |
Rate-hike selloffLate 2018 | -11.82%Dec 2018 | 10mo 29d | 4mo | 1y 2moJan 2018 - Apr 2019 |
2011 correction2011 | -11.44%Oct 2011 | 5mo 3d | 4mo 1d | 9mo 4dMay 2011 - Feb 2012 |
Drawdown Indicators
| AMEFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.22% | -56.78% | +19.56% |
Max Drawdown (1Y)Largest decline over 1 year | -6.10% | -9.10% | +3.00% |
Max Drawdown (3Y)Largest decline over 3 years | -8.59% | -18.90% | +10.31% |
Max Drawdown (5Y)Largest decline over 5 years | -15.67% | -25.43% | +9.76% |
Max Drawdown (10Y)Largest decline over 10 years | -26.10% | -33.92% | +7.82% |
Current DrawdownCurrent decline from peak | -1.11% | -2.97% | +1.86% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -10.72% | +6.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 1.97% | -0.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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