About CIMEX
American Funds The Income Fund of America® Class 529-E is a multi-asset mutual fund designed primarily to provide investors with current income, while also seeking capital growth as a secondary objective. This fund employs a diversified strategy, allocating assets across a broad mix of dividend-paying stocks and bonds, with equity holdings typically representing 60% to 80% of the portfolio. Its approach aims to balance income generation and the potential for long-term appreciation, appealing to investors looking for both steady payouts and portfolio growth.
The fund's holdings span a variety of industries and geographies, with significant representation from large-cap companies in sectors such as financials, information technology, health care, consumer discretionary, and industrials. Notable positions include companies like Philip Morris International, Broadcom, and Microsoft, alongside a selection of high-quality bonds and cash equivalents for added stability and liquidity. Top holdings collectively represent more than 20% of total assets, reflecting the fund's focus on established, income-oriented businesses.
American Funds The Income Fund of America® Class 529-E is structured to appeal to investors who value a blend of income and growth, particularly within education savings plans. Its multi-manager approach and broad diversification contribute to its aim of delivering consistent returns with a moderate risk profile.
Fund Family Capital Group
Category Mix Tgt All Mod
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CIMEX
Share Class Class 529-e
Index S&P 500 TR
CIMEX had a total return of 14.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.97%.
