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The Income Fund of America, Class F-1 Shares

IFAFX · NASDAQ

Market closed$27.52$-0.080000 (-0.29%)

Key statistics

Previous close$27.60
Open$27.52
Day high$27.52
Day low$27.52
52-week high$28.07
52-week low$25.75
Market cap145.28B
Volume—
Average volume—
P/E ratio19.45
Forward P/E—
EPS1.42
Dividend yield+9.37%

Market context

Why it moved

IFAFX edged slightly lower amid subdued trading activity, with negligible volume suggesting limited investor conviction and routine net asset value adjustments driving the modest decline.

Wallst

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026The Income Fund of America (IFAFX) closed essentially unchanged, edging up modestly amid a broadly supportive backdrop for income-oriented asset management funds. The broader financial sector has been buoyed this earnings season by blockbuster Q2 results from major Wall Street banks — JPMorgan, Goldman Sachs, Morgan Stanley, and BNY all reported record or near-record revenues, with surging trading income, investment banking fees, and rising asset values lifting fee income across the industry. For income-focused funds like IFAFX, higher asset valuations translate directly into expanded fee bases, while strong fixed-income and equity market performance supports portfolio returns.

0.255

July 16, 2026The Income Fund of America Class F-1 shares edged higher, supported by a broadly favorable backdrop for income-oriented asset management funds as Wall Street's Q2 earnings season delivered a wave of record results. Major financial firms including Morgan Stanley, BNY, State Street, and Goldman Sachs reported surging fee income, expanding assets under management, and record client asset levels — all tailwinds for funds like IFAFX that benefit from rising asset valuations and income generation. The Financial Services sector ETF (XLF) is trading near 52-week highs, while softer-than-expected inflation data and constructive Fed commentary have bolstered the case for sustained higher income yields.

0.8403

July 15, 2026The Income Fund of America (IFAFX), a balanced income-oriented mutual fund managed by Capital Group, closed essentially unchanged as broader financial services sector strength provided a constructive backdrop. Wall Street's blockbuster Q2 earnings season — headlined by record profits at JPMorgan, Goldman Sachs, Morgan Stanley, and BNY — reinforced confidence in asset management and financial services, while BlackRock reported assets hitting $15.3 trillion. However, persistent inflation concerns, geopolitical uncertainty from renewed U.S.-Iran tensions, and a complex rate environment with the Fed signaling possible hikes temper the outlook for income-focused funds navigating elevated bond yields.

-0.0728

July 14, 2026The Income Fund of America (IFAFX) edged slightly lower as the broader financial services sector navigated a complex macro backdrop marked by blowout Q2 bank earnings — JPMorgan posted its highest-ever quarterly profit, Goldman Sachs sales surged 39.5%, and Bank of America beat revenue estimates — alongside a softer-than-expected June CPI reading of 3.5% that helped lift broader equities. Despite the positive earnings catalyst, Morningstar noted financial stocks remain the second-worst-performing sector over the past year, weighed by AI disruption concerns and cracks in private credit, while renewed U.S.-Iran tensions and elevated Fed rate-hike probabilities add uncertainty to the income-oriented fund's interest rate and credit outlook.

-0.364

July 10, 2026The Income Fund of America Class F-1 (IFAFX) closed essentially unchanged, holding steady as the broader financial services sector navigated a cautious macro backdrop. The XLF sector ETF edged slightly lower in after-hours trade, while the S&P 500 drifted near its 52-week high amid ongoing U.S.-Iran geopolitical tensions and anticipation of major bank Q2 earnings next week. Investor attention in asset management remains focused on income-oriented strategies as UBS flagged 'peak banking sector optimism' and Goldman Sachs secured a landmark $70B pension outsourcing mandate, underscoring resilient institutional demand for managed income products.

0.0729

July 8, 2026The Income Fund of America Class F-1 shares closed modestly lower, edging down as broader financial markets faced a risk-off session driven by President Trump declaring the Iran ceasefire 'over' and renewed U.S.-Iran military exchanges that sent oil prices surging over 5%. The geopolitical shock lifted inflation concerns and pushed Treasury yields higher — headwinds for income-oriented funds like IFAFX — while the Financial Select Sector SPDR (XLF) also finished the session pressured, with the S&P 500 retreating amid broad risk aversion. Investors are also monitoring upcoming Fed minutes and the start of Q2 bank earnings season, as UBS flagged 'peak banking sector optimism' and a potential December rate hike, adding uncertainty to the income and fixed-income landscape.

-0.2544

June 29, 2026The Income Fund of America Class F-1 (IFAFX) edged modestly higher, closing up 0.37%, as the financial services sector found support from easing geopolitical tensions after the U.S. and Iran agreed to halt tit-for-tat strikes in the Strait of Hormuz, lifting broader market sentiment. The fund, which blends income-generating equities and fixed income, benefits from macro tailwinds including record-high U.S. corporate profits — after-tax earnings reaching 12.4% of GDP — and a broadening market leadership rotation away from concentrated tech exposure, supporting diversified, income-oriented strategies.

0.3679

June 25, 2026The Income Fund of America Class F-1 (IFAFX) closed essentially unchanged, holding steady near $27.18 amid a volatile week for financial markets. The fund, which targets income-oriented equity and fixed income holdings, navigated a mixed backdrop: a tech-led global selloff earlier in the week weighed on broader equities, while Micron's blowout earnings and improving U.S.-Iran ceasefire prospects sparked a partial recovery in risk sentiment. The Federal Reserve's annual stress tests confirmed banking sector resilience, and the XLF financial sector ETF edged modestly higher in after-hours trading, reflecting stabilizing conditions for income-focused funds.

0.0736

Peers

S&P 500SPX · $7,457.69-1.01%American Funds EuroPacific Growth Cl F-1 ShsAEGFX · $61.11-1.21%American Funds EuroPacific Growth Fund Class AAEPGX · $61.50-1.22%American Funds The Income Fund of America Class AAMECX · $27.63-0.29%American Funds Capital World Growth & Income Fund Class F-1 ShsCWGFX · $79.28-1.13%American Funds Capital World Growth and Income Fund Class ACWGIX · $79.54-1.14%American Funds Capital World Growth and Income Fund Class 529-ACWIAX · $79.12-1.14%American Funds EUPAC R6RERGX · $61.69-1.22%American Funds Europacific Growth R5ERERHX · $60.95-1.22%American Funds The Income Fund of AmericaRIDGX · $27.65-0.29%American Funds Capital World Growth and Income Fund Class R-3RWICX · $78.75-1.14%