American Funds Income Fund of Amer R1 (RIDAX)
| Fund Assets | 133.81B |
| Expense Ratio | 1.36% |
| Min. Investment | $250 |
| Turnover | 92.00% |
| Dividend (ttm) | 1.36 |
| Dividend Yield | 5.06% |
| Dividend Growth | 101.04% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 26.88 |
| YTD Return | 12.37% |
| 1-Year Return | 12.18% |
| 5-Year Return | 50.58% |
| 52-Week Low | 23.24 |
| 52-Week High | 27.07 |
| Beta (5Y) | n/a |
| Holdings | 3106 |
| Inception Date | Jun 17, 2002 |
About RIDAX
American Funds The Income Fund of America Class R-1 is a diversified mutual fund designed to deliver current income while also aiming for long-term capital growth. Its principal strategy involves allocating at least 60% of assets to common stocks and other equity-type securities, with the remainder flexibly invested in bonds, cash, or money market instruments depending on market conditions and the fund manager's outlook. The fund primarily targets dividend-paying stocks and incorporates bonds to stabilize returns and preserve capital during periods of volatility. With over 2,900 holdings, it offers broad sector and geographic diversification, making it suitable for investors seeking a balanced approach to income and growth. American Funds The Income Fund of America Class R-1 also stands out for its substantial asset base, managing over $100 billion, and its consistent quarterly dividend payouts. Its multi-manager structure fosters discipline and resilience across varying market cycles, enhancing its role as a core holding for retirement plans and income-focused investment portfolios.
Performance
RIDAX had a total return of 12.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.85%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
22.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 7.24% |
| Philip Morris International Inc. | PM | 3.35% |
| Broadcom Inc. | AVGO | 1.99% |
| Gilead Sciences, Inc. | GILD | 1.64% |
| BAE Systems plc | BA | 1.62% |
| EOG Resources, Inc. | EOG | 1.53% |
| JPMorgan Chase & Co. | JPM | 1.49% |
| Nestlé S.A. | NESN | 1.18% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 1.15% |
| Microsoft Corporation | MSFT | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.1211 | Jun 10, 2025 |
| Mar 10, 2025 | $0.1213 | Mar 11, 2025 |
| Dec 16, 2024 | $0.9965 | Dec 17, 2024 |
| Sep 16, 2024 | $0.1201 | Sep 17, 2024 |
| Jun 10, 2024 | $0.1234 | Jun 11, 2024 |
| Mar 11, 2024 | $0.1244 | Mar 12, 2024 |