American Funds Income Fund of America Class F1 (IFAFX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with IFAFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IFAFX
IFAFX charges 0.63% annually. There are 16 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | IFAFX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | IFAFX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | IFAFX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | IFAFX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | IFAFX vs JNSMX |
Best Risk-Adjusted Alternatives to IFAFX
IFAFX has a PortfoliosLab risk / return rank of 80. There are 29 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | IFAFX vs TIBAX | |
| GMO Benchmark-Free Fund | 97 | — | Jun 2011 | IFAFX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | IFAFX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | IFAFX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | IFAFX vs PDSYX |
Top Performing IFAFX Alternatives (YTD)
IFAFX is at 8.42% YTD. There are 35 mutual funds in the Global Allocation category with higher YTD returns, going as high as 17.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 17.63% | — | Dec 2002 | IFAFX vs TIBAX | |
| Wilmington Real Asset Fund | 17.01% | — | Jun 2003 | IFAFX vs WMRIX | |
| Calamos Global Dynamic Income Fund | 16.29% | — | Jun 2007 | IFAFX vs CHW | |
| Calamos Global Total Return Fund | 15.69% | — | Oct 2005 | IFAFX vs CGO | |
| GMO Implementation Fund | 15.19% | — | Feb 2012 | IFAFX vs GIMFX |
Lowest Volatility Alternatives to IFAFX
IFAFX has 7.39% 1-year volatility. There are 15 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.02% | — | Jul 2019 | IFAFX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | IFAFX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.75% | — | Mar 2011 | IFAFX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.82% | — | Sep 2011 | IFAFX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | IFAFX vs PMFYX |
Lowest Drawdown Alternatives to IFAFX
IFAFX has a 1-year max drawdown of -6.11%. There are 23 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | IFAFX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -3.48% | — | Mar 2011 | IFAFX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | IFAFX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | IFAFX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | IFAFX vs MSTGX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.
Often Compared With IFAFX
Investors most often compare IFAFX with FPURX, HRLYX, WARAX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare IFAFX with Any Fund or Stock
Compare IFAFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IFAFX with funds that move differently
American Funds Income Fund of America Class F1 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IFAFX.
Explore IFAFX Diversifiers