- CUSIP
- 453320 40 0
- Issuer
- American Funds
- Inception Date
- Dec 1, 1973
- Category
- Global Allocation
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
IFAFX Performance Chart
American Funds Income Fund of America Class F1 (IFAFX) is up 5.5% since the beginning of the year. IFAFX is currently trading at $27 per share. Investors who bought $1,000 worth of IFAFX shares 5 years ago would now be looking at an investment worth $1,471.
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Returns By Period
American Funds Income Fund of America Class F1 (IFAFX) has returned 5.47% so far this year and 14.17% over the past 12 months. Over the last ten years, IFAFX has returned 8.31% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
American Funds Income Fund of America Class F1
- 1D
- -0.40%
- 1M
- -1.00%
- YTD
- 5.47%
- 6M
- 5.55%
- 1Y
- 14.17%
- 3Y*
- 12.72%
- 5Y*
- 8.02%
- 10Y*
- 8.31%
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%
IFAFX Monthly Returns History
Based on dividend-adjusted daily data since Mar 15, 2001, IFAFX's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Dec 2007 with a return of +22.2%, while the worst month was Oct 2008 at -13.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, IFAFX closed higher 53% of trading days. The best single day was Dec 21, 2007 with a return of +25.2%, while the worst single day was Mar 16, 2020 at -7.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.65% | 3.82% | -4.45% | 3.09% | 0.47% | -0.97% | 5.47% | ||||||
| 2025 | 3.21% | 2.15% | -0.72% | -0.36% | 3.13% | 2.73% | -0.30% | 2.68% | 1.35% | -0.51% | 2.39% | 0.81% | 17.71% |
| 2024 | -0.47% | 1.08% | 3.70% | -2.69% | 2.51% | 0.19% | 4.12% | 2.52% | 1.55% | -0.97% | 2.22% | -3.20% | 10.76% |
| 2023 | 3.19% | -3.05% | 0.80% | 1.60% | -3.31% | 3.19% | 2.03% | -2.07% | -3.12% | -1.88% | 5.46% | 4.26% | 6.76% |
| 2022 | -1.36% | -1.26% | 1.30% | -3.48% | 1.72% | -6.51% | 3.13% | -2.36% | -7.00% | 5.93% | 5.99% | -1.80% | -6.48% |
| 2021 | -0.17% | 2.43% | 3.67% | 2.67% | 2.32% | -0.32% | 0.39% | 1.35% | -2.92% | 3.32% | -1.76% | 5.37% | 17.28% |
Benchmark Metrics
American Funds Income Fund of America Class F1 has an annualized alpha of 4.16%, beta of 0.54, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since March 15, 2001.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (65.97%) than losses (56.90%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 4.16% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.54 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
- 4.16%
- Beta
- 0.54
- R²
- 0.70
- Upside Capture
- 65.97%
- Downside Capture
- 56.90%
Expense Ratio
IFAFX has an expense ratio of 0.63%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IFAFX 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 Income Fund of America Class F1 (IFAFX) 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.
| IFAFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.78 | -0.45 |
| Martin ratioReturn relative to average drawdown | 8.59 | 12.44 | -3.84 |
Dividends
Dividend History
American Funds Income Fund of America Class F1 provided a 9.51% dividend yield over the last twelve months, with an annual payout of $2.58 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 | $2.58 | $2.58 | $1.54 | $0.68 | $1.56 | $1.70 | $0.65 | $1.15 | $1.52 | $0.98 | $0.65 | $1.01 |
Dividend yield | 9.51% | 9.91% | 6.33% | 2.90% | 6.94% | 6.61% | 2.76% | 4.95% | 7.39% | 4.20% | 3.01% | 5.02% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds Income Fund of America Class F1. 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 | $0.16 | $0.00 | $0.00 | $0.17 | $0.33 | ||||||
| 2025 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $2.08 | $2.58 |
| 2024 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $1.04 | $1.54 |
| 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 | $0.68 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $1.08 | $1.56 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $1.22 | $1.70 |
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 Income Fund of America Class F1. 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 Income Fund of America Class F1 was 41.90%, occurring on Mar 9, 2009. Recovery took 270 trading sessions.
The current American Funds Income Fund of America Class F1 drawdown is 1.99%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -41.90%Mar 2009 | 1y 2mo | 1y 27d | 2y 3moDec 2007 - Apr 2010 |
COVID crash2020 | -26.13%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 |
Dot-com crash2000–2002 | -19.41%Oct 2002 | 1y 4mo | 8mo 5d | 2y 20dMay 2001 - Jun 2003 |
Bear market2022 | -15.84%Sep 2022 | 8mo 20d | 1y 5mo | 2y 1moJan 2022 - Mar 2024 |
Rate-hike selloffLate 2018 | -12.03%Dec 2018 | 10mo 29d | 5mo 26d | 1y 4moJan 2018 - Jun 2019 |
Drawdown Indicators
| IFAFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.90% | -56.78% | +14.88% |
Max Drawdown (1Y)Largest decline over 1 year | -6.11% | -9.10% | +2.99% |
Max Drawdown (3Y)Largest decline over 3 years | -8.63% | -18.90% | +10.27% |
Max Drawdown (5Y)Largest decline over 5 years | -15.84% | -25.43% | +9.59% |
Max Drawdown (10Y)Largest decline over 10 years | -26.13% | -33.92% | +7.79% |
Current DrawdownCurrent decline from peak | -1.99% | -1.80% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -10.71% | +6.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 2.03% | -0.38% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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