American Funds Income Fund of Amer 529F2 (FAIFX)
| Fund Assets | 119.87B |
| Expense Ratio | 0.35% |
| Min. Investment | $250 |
| Turnover | n/a |
| Dividend (ttm) | 1.61 |
| Dividend Yield | 6.25% |
| Dividend Growth | 77.50% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 25.80 |
| YTD Return | 5.69% |
| 1-Year Return | 17.70% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 2957 |
| Inception Date | Oct 30, 2020 |
About FAIFX
FAIFX was founded on 2020-10-30. The Fund's investment strategy focuses on Income. The minimum amount to invest in Income Fund of America; Class 529-F-2 Shares is $250 on a standard taxable account. Income Fund of America; Class 529-F-2 Shares seeks current income and capital growth secondarily. At least 60% of the funds assets will be invested in common stocks and other equity-type securities. The composition of the funds investments in equity, debt and cash or money market instruments may vary substantially depending on various factors.
Performance
FAIFX had a total return of 17.70% in the past year. Since the fund's inception, the average annual return has been 8.72%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSCNX | Fidelity | Fidelity Advisor Asset Manager 60% - Class C | 1.69% |
| SWBGX | Schwab | Schwab MarketTrack Balanced Portfolio™ | 0.48% |
| FFIMX | Fidelity | Fidelity Advisor Asset Manager 50% - Class I | 0.58% |
| FIKZX | Fidelity | Fidelity Advisor Asset Manager 50% - Class Z | 0.47% |
| FSATX | Fidelity | Fidelity Advisor Asset Manager 60% - Class M | 1.19% |
Top 10 Holdings
20.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 4.37% |
| Broadcom Inc. | AVGO | 2.79% |
| Philip Morris International Inc. | PM | 2.67% |
| Gilead Sciences, Inc. | GILD | 2.20% |
| JPMorgan Chase & Co. | JPM | 1.85% |
| EOG Resources, Inc. | EOG | 1.68% |
| Microsoft Corporation | MSFT | 1.36% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 1.35% |
| BAE Systems plc | BA | 1.25% |
| The Home Depot, Inc. | HD | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $1.0623 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1838 | Sep 17, 2024 |
| Jun 10, 2024 | $0.1831 | Jun 11, 2024 |
| Mar 11, 2024 | $0.1827 | Mar 12, 2024 |
| Dec 12, 2023 | $0.3592 | Dec 13, 2023 |
| Sep 11, 2023 | $0.1827 | Sep 12, 2023 |