- ISIN
- US4533208710
- CUSIP
- 453320871
- Issuer
- American Funds
- Inception Date
- Dec 1, 1973
- Category
- Large Cap Value Equities
- Min. Investment
- $0
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
RIDAX Performance Chart
The Income Fund of America Class R-1 (RIDAX) is up 5.1% since the beginning of the year. RIDAX is currently trading at $27 per share. Investors who bought $1,000 worth of RIDAX shares 5 years ago would now be looking at an investment worth $1,414.
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Returns By Period
The Income Fund of America Class R-1 (RIDAX) has returned 5.11% so far this year and 13.33% over the past 12 months. Over the last ten years, RIDAX has returned 7.53% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
The Income Fund of America Class R-1
- 1D
- -0.41%
- 1M
- -1.04%
- YTD
- 5.11%
- 6M
- 5.15%
- 1Y
- 13.33%
- 3Y*
- 11.80%
- 5Y*
- 7.18%
- 10Y*
- 7.53%
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%
RIDAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2003, RIDAX's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 65% of months were positive and 35% were negative. The best month was Dec 2007 with a return of +21.0%, while the worst month was Oct 2008 at -13.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, RIDAX closed higher 53% of trading days. The best single day was Dec 21, 2007 with a return of +23.9%, 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 | 3.59% | 3.77% | -4.54% | 3.06% | 0.40% | -1.01% | 5.11% | ||||||
| 2025 | 3.09% | 2.12% | -0.78% | -0.40% | 3.07% | 2.64% | -0.38% | 2.62% | 1.28% | -0.59% | 2.36% | 0.73% | 16.83% |
| 2024 | -0.56% | 1.08% | 3.58% | -2.74% | 2.47% | 0.14% | 4.05% | 2.45% | 1.50% | -1.05% | 2.16% | -3.66% | 9.49% |
| 2023 | 3.12% | -3.15% | 0.75% | 1.56% | -3.37% | 3.12% | 1.99% | -2.12% | -3.18% | -1.93% | 5.39% | 4.37% | 6.16% |
| 2022 | -1.40% | -1.34% | 1.24% | -3.54% | 1.65% | -6.55% | 3.09% | -2.45% | -7.06% | 5.90% | 5.93% | -1.85% | -7.14% |
| 2021 | -0.21% | 2.36% | 3.63% | 2.56% | 2.29% | -0.38% | 0.31% | 1.32% | -2.99% | 3.26% | -1.81% | 5.32% | 16.47% |
Benchmark Metrics
The Income Fund of America Class R-1 has an annualized alpha of 2.55%, beta of 0.56, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since January 02, 2003.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (63.40%) than losses (61.58%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 2.55% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- 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
- 2.55%
- Beta
- 0.56
- R²
- 0.74
- Upside Capture
- 63.40%
- Downside Capture
- 61.58%
Expense Ratio
RIDAX has a high expense ratio of 1.36%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RIDAX ranks 42 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 The Income Fund of America Class R-1 (RIDAX) 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.
| RIDAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 2.78 | -0.59 |
| Martin ratioReturn relative to average drawdown | 7.92 | 12.44 | -4.52 |
Dividends
Dividend History
The Income Fund of America Class R-1 provided a 8.83% dividend yield over the last twelve months, with an annual payout of $2.38 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 | $2.38 | $2.39 | $1.25 | $0.55 | $1.39 | $1.52 | $0.49 | $0.98 | $1.35 | $0.86 | $0.50 | $0.86 |
Dividend yield | 8.83% | 9.24% | 5.14% | 2.38% | 6.20% | 5.92% | 2.09% | 4.25% | 6.58% | 3.68% | 2.32% | 4.26% |
Monthly Dividends
The table displays the monthly dividend distributions for The Income Fund of America Class R-1. 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 | $0.12 | $0.00 | $0.00 | $0.12 | $0.23 | ||||||
| 2025 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $2.03 | $2.39 |
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.88 | $1.25 |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.18 | $0.55 |
| 2022 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $1.04 | $1.39 |
| 2021 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $1.18 | $1.52 |
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 The Income Fund of America Class R-1. 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 The Income Fund of America Class R-1 was 42.37%, occurring on Mar 9, 2009. Recovery took 493 trading sessions.
The current The Income Fund of America Class R-1 drawdown is 2.21%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -42.37%Mar 2009 | 1y 2mo | 1y 11mo | 3y 1moDec 2007 - Feb 2011 |
COVID crash2020 | -26.22%Mar 2020 | 2mo 2d | 8mo 6d | 10mo 8dJan 2020 - Nov 2020 |
Bear market2022 | -16.28%Sep 2022 | 8mo 20d | 1y 5mo | 2y 1moJan 2022 - Mar 2024 |
Rate-hike selloffLate 2018 | -12.62%Dec 2018 | 10mo 29d | 6mo 10d | 1y 5moJan 2018 - Jul 2019 |
2011 correction2011 | -11.88%Oct 2011 | 5mo 4d | 4mo 3d | 9mo 7dMay 2011 - Feb 2012 |
Drawdown Indicators
| RIDAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.37% | -56.78% | +14.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -9.10% | +2.97% |
Max Drawdown (3Y)Largest decline over 3 years | -8.71% | -18.90% | +10.19% |
Max Drawdown (5Y)Largest decline over 5 years | -16.28% | -25.43% | +9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -26.22% | -33.92% | +7.70% |
Current DrawdownCurrent decline from peak | -2.21% | -1.80% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -4.40% | -10.71% | +6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 2.03% | -0.34% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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