About CIMCX
American Funds The Income Fund of America Class 529-C is a mutual fund designed to provide current income as its primary objective, with a secondary aim of capital growth. It invests primarily in income-producing securities, including dividend-paying common stocks and other equity-type securities, as well as interest-paying bonds and debt securities. Normally, at least 60% of its assets are allocated to common stocks and similar equities, with up to 30% in equities of issuers outside the United States, including emerging markets, and up to 10% in non-U.S. fixed-income securities denominated in U.S. dollars. The fund maintains a diversified portfolio across U.S. and non-U.S. equities, bonds, and cash equivalents, with significant exposure to sectors such as financials, consumer staples, health care, industrials, and energy. It may include up to 20% in lower-quality, higher-yielding nonconvertible debt securities. Regular dividends are paid quarterly in March, June, September, and December, supporting its income focus within the global moderate allocation category. This Class 529-C share class is tailored for 529 college savings plans, featuring a minimum initial investment of $250.
Fund Family Capital Group
Category Mix Tgt All Mod
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CIMCX
Share Class Class 529-c
Index S&P 500 TR
CIMCX had a total return of 18.38% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.41%.
