Income Fund Of America Morningstar

Eight american funds have been included in the morningstar fund spy the thrilling 34 list.

Income fund of america morningstar. Morningstar s review of 8 000 mutual funds identified 34 funds screened for criteria that include expenses manager ownership returns parent rating and risk ratings. American funds income fund of amer a amecx morningstar analyst rating analyst. American funds selected for morningstar s the thrilling 34 list. The american funds growth and income target risk series available through mutual funds and as model portfolios uses impressive underlying strategies.

It earns a morningstar analyst rating of gold or bronze on its cheaper share. American funds capital income builder s value tilt has been a headwind for returns in recent years but an impressive equity team and an improved fixed income effort lend it solid long term prospects. Three equity portfolio managers were added to american funds income fund of. One of ab american income s longtime managers is retiring but the remaining team has the experience and depth to keep putting the fund s broad flexibility to good use.

American funds parent capital group announced in september 2020 that longtime manager michael kerr had stepped off american funds growth fund of america s management team and will retire from the. The income fund of america class a fund 6 amecx seeks to provide current income while secondarily striving for capital growth. Of the 34 funds chosen from the universe of roughly 8 000 eligible funds eight were american funds. Klicken sie hier um den analyst report zu lesen.

Advertisement skip to content. Start a 14 day free trial to morningstar premium to unlock our take on amecx. Manager investment of more than 1 million in the fund. Expense ratio in the category s cheapest quintile.