The Income Fund of America®
Investment portfolio
April 30, 2022
unaudited
Common stocks 68.63% Consumer staples 11.11% | Shares | Value (000) | |
Philip Morris International, Inc. | 30,785,233 | $3,078,524 | |
Altria Group, Inc. | 28,790,000 | 1,599,860 | |
General Mills, Inc. | 22,531,077 | 1,593,623 | |
Kraft Heinz Company | 26,144,505 | 1,114,540 | |
PepsiCo, Inc. | 5,569,780 | 956,387 | |
Coca-Cola Company | 14,177,426 | 916,003 | |
Procter & Gamble Company | 5,479,989 | 879,812 | |
British American Tobacco PLC1 | 18,381,000 | 774,632 | |
Kimberly-Clark Corp. | 5,010,060 | 695,547 | |
Nestlé SA1 | 4,237,617 | 547,100 | |
Archer Daniels Midland Company | 4,762,000 | 426,485 | |
Kellogg Co. | 5,446,000 | 373,051 | |
Bunge, Ltd. | 2,560,245 | 289,615 | |
Walgreens Boots Alliance, Inc. | 5,500,000 | 233,200 | |
Conagra Brands, Inc. | 5,730,100 | 200,152 | |
Scandinavian Tobacco Group A/S1 | 2,636,362 | 55,256 | |
Danone SA1 | 375,000 | 22,544 | |
Viva Wine Group AB1,2,3 | 4,081,633 | 22,370 | |
13,778,701 | |||
Financials 10.82% | |||
CME Group, Inc., Class A | 9,373,078 | 2,055,891 | |
JPMorgan Chase & Co. | 8,847,819 | 1,056,076 | |
PNC Financial Services Group, Inc. | 4,778,065 | 793,637 | |
Zurich Insurance Group AG1 | 1,489,453 | 677,458 | |
Fifth Third Bancorp | 16,588,000 | 622,548 | |
Toronto-Dominion Bank (CAD denominated) | 8,099,683 | 585,038 | |
Synchrony Financial | 14,548,551 | 535,532 | |
DBS Group Holdings, Ltd.1 | 20,294,044 | 491,546 | |
Manulife Financial Corp. | 17,661,400 | 345,350 | |
Ares Management Corp., Class A | 4,990,000 | 330,438 | |
Power Corporation of Canada, subordinate voting shares | 10,566,953 | 310,926 | |
Bank of Nova Scotia (CAD denominated) | 4,806,000 | 304,338 | |
Blackstone, Inc., nonvoting shares | 2,929,100 | 297,509 | |
Apollo Asset Management, Inc. | 5,915,679 | 294,364 | |
B3 SA-Brasil, Bolsa, Balcao | 105,348,000 | 283,403 | |
Canadian Imperial Bank of Commerce | 2,463,500 | 272,344 | |
AXA SA1,3 | 10,144,000 | 268,569 | |
M&T Bank Corp. | 1,529,000 | 254,793 | |
Citigroup, Inc. | 4,540,000 | 218,873 | |
Regions Financial Corp. | 10,069,900 | 208,648 | |
Progressive Corp. | 1,938,000 | 208,064 | |
American International Group, Inc. | 3,353,000 | 196,184 | |
Skandinaviska Enskilda Banken AB, Class A1 | 16,417,000 | 183,577 | |
Citizens Financial Group, Inc. | 4,618,000 | 181,949 | |
Principal Financial Group, Inc. | 2,598,100 | 177,034 |
The Income Fund of America — Page 1 of 54
unaudited
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Tryg A/S1 | 6,967,806 | $165,160 | |
Legal & General Group PLC1 | 52,964,300 | 164,707 | |
Ping An Insurance (Group) Company of China, Ltd., Class H1 | 24,468,500 | 157,355 | |
Münchener Rückversicherungs-Gesellschaft AG1 | 623,591 | 149,219 | |
Postal Savings Bank of China Co., Ltd., Class H1 | 196,256,000 | 149,204 | |
KeyCorp | 7,620,000 | 147,142 | |
DNB Bank ASA1,3 | 7,313,748 | 142,771 | |
Truist Financial Corp. | 2,712,800 | 131,164 | |
Franklin Resources, Inc. | 4,828,503 | 118,733 | |
Morgan Stanley | 1,471,093 | 118,555 | |
BNP Paribas SA1,3 | 2,300,000 | 117,958 | |
KBC Groep NV1 | 1,433,866 | 97,662 | |
Carlyle Group, Inc. | 2,617,000 | 94,971 | |
Lufax Holding, Ltd. (ADR) | 12,931,000 | 71,767 | |
National Bank of Canada | 975,000 | 68,094 | |
St. James’s Place PLC1 | 3,863,000 | 61,622 | |
ING Groep NV1 | 6,297,949 | 58,937 | |
Qualitas Controladora, SAB de CV3 | 10,711,900 | 57,742 | |
Janus Henderson Group PLC | 1,623,200 | 49,475 | |
Islandsbanki hf.1 | 51,706,668 | 49,151 | |
China Pacific Insurance (Group) Co., Ltd., Class H1 | 15,385,000 | 33,987 | |
TISCO Financial Group PCL, foreign registered shares1 | 6,519,200 | 17,162 | |
BB Seguridade Participações SA | 3,300,000 | 16,974 | |
ICICI Securities, Ltd.1 | 1,587,232 | 11,544 | |
Jonah Energy Parent LLC1,2,4 | 275,936 | 11,211 | |
Brookfield Asset Management, Inc., Class A | 207,530 | 10,347 | |
Sberbank of Russia PJSC (ADR)1,4 | 6,420,800 | —5 | |
13,426,703 | |||
Health care 8.04% | |||
Pfizer, Inc. | 60,498,100 | 2,968,642 | |
AstraZeneca PLC1 | 11,878,800 | 1,578,001 | |
Gilead Sciences, Inc. | 23,645,478 | 1,403,123 | |
CVS Health Corp. | 8,763,349 | 842,421 | |
Novartis AG1 | 7,176,820 | 634,915 | |
GlaxoSmithKline PLC1 | 24,097,124 | 542,597 | |
Johnson & Johnson | 2,995,000 | 540,478 | |
Merck & Co., Inc. | 5,954,232 | 528,081 | |
AbbVie, Inc. | 2,980,000 | 437,702 | |
Bristol-Myers Squibb Company | 2,080,000 | 156,562 | |
Amgen, Inc. | 570,910 | 133,130 | |
Takeda Pharmaceutical Company, Ltd.1 | 2,983,000 | 86,535 | |
Danaher Corp. | 246,538 | 61,913 | |
Rotech Healthcare, Inc.1,2,4,6,7 | 543,172 | 55,404 | |
Organon & Co. | 264,123 | 8,539 | |
Viatris, Inc. | 69,981 | 723 | |
9,978,766 | |||
Real estate 6.03% | |||
Crown Castle International Corp. REIT | 8,939,236 | 1,655,636 | |
VICI Properties, Inc. REIT | 44,135,717 | 1,315,686 | |
Digital Realty Trust, Inc. REIT | 5,830,945 | 852,018 | |
Iron Mountain, Inc. REIT | 11,965,000 | 642,879 | |
Gaming and Leisure Properties, Inc. REIT | 11,304,134 | 501,677 | |
Regency Centers Corp. REIT | 6,618,000 | 455,517 |
The Income Fund of America — Page 2 of 54
unaudited
Common stocks (continued) Real estate (continued) | Shares | Value (000) | |
Public Storage REIT | 1,138,000 | $422,767 | |
Lamar Advertising Co. REIT, Class A | 2,003,322 | 221,187 | |
Boston Properties, Inc. REIT | 1,813,365 | 213,252 | |
Prologis, Inc. REIT | 1,171,900 | 187,844 | |
Federal Realty Investment Trust REIT | 1,500,000 | 175,590 | |
American Tower Corp. REIT | 646,000 | 155,699 | |
Longfor Group Holdings, Ltd.1 | 29,526,000 | 143,862 | |
CubeSmart REIT | 2,582,254 | 122,683 | |
Simon Property Group, Inc. REIT | 1,000,000 | 118,000 | |
Mid-America Apartment Communities, Inc. REIT | 416,000 | 81,819 | |
Americold Realty Trust REIT | 2,667,000 | 70,355 | |
Camden Property Trust REIT | 393,000 | 61,658 | |
Douglas Emmett, Inc. REIT | 1,770,000 | 52,144 | |
China SCE Property Holdings, Ltd.1 | 71,000,000 | 12,549 | |
Samhallsbyggnadsbolaget i Norden AB, Class B1 | 3,000,000 | 9,285 | |
Selvaag Bolig ASA1 | 1,912,218 | 9,078 | |
7,481,185 | |||
Information technology 6.00% | |||
Broadcom, Inc. | 4,142,601 | 2,296,617 | |
Microsoft Corp. | 7,318,200 | 2,030,947 | |
Taiwan Semiconductor Manufacturing Company, Ltd.1 | 63,995,300 | 1,167,274 | |
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 1,543,000 | 143,391 | |
Texas Instruments, Inc. | 3,120,000 | 531,180 | |
Intel Corp. | 8,444,000 | 368,074 | |
Cisco Systems, Inc. | 7,500,000 | 367,350 | |
MediaTek, Inc.1 | 5,289,000 | 144,923 | |
Tokyo Electron, Ltd.1 | 338,600 | 143,639 | |
QUALCOMM, Inc. | 747,000 | 104,348 | |
Vanguard International Semiconductor Corp.1 | 22,093,500 | 77,656 | |
GlobalWafers Co., Ltd.1 | 1,600,000 | 27,812 | |
NortonLifeLock, Inc. | 1,002,750 | 25,109 | |
FDM Group (Holdings) PLC1 | 1,482,855 | 18,976 | |
7,447,296 | |||
Energy 5.94% | |||
ConocoPhillips | 10,827,939 | 1,034,285 | |
TC Energy Corp. (CAD denominated)3 | 19,506,000 | 1,031,746 | |
Chevron Corp. | 5,666,986 | 887,847 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 12,183,000 | 754,034 | |
Exxon Mobil Corp. | 8,440,271 | 719,533 | |
Coterra Energy, Inc. | 17,152,100 | 493,809 | |
Tourmaline Oil Corp. | 9,458,200 | 487,101 | |
Valero Energy Corp. | 2,998,475 | 334,270 | |
Baker Hughes Co., Class A | 10,162,000 | 315,225 | |
Enbridge, Inc.3 | 6,526,000 | 284,795 | |
Pioneer Natural Resources Company | 912,000 | 212,013 | |
TotalEnergies SE1 | 4,164,000 | 205,167 | |
Lundin Energy AB1 | 3,640,630 | 150,615 | |
EOG Resources, Inc. | 1,092,000 | 127,502 | |
Aker BP ASA1,3 | 3,054,332 | 109,439 | |
Chesapeake Energy Corp. | 1,056,445 | 86,650 | |
DT Midstream, Inc. | 812,500 | 43,672 | |
Rattler Midstream LP | 2,250,782 | 30,273 | |
Ascent Resources - Utica LLC, Class A1,2,4,7 | 110,214,618 | 27,554 |
The Income Fund of America — Page 3 of 54
unaudited
Common stocks (continued) Energy (continued) | Shares | Value (000) | |
Diamond Offshore Drilling, Inc.2,3 | 2,441,165 | $19,163 | |
Diamond Offshore Drilling, Inc.2,8 | 856,478 | 6,723 | |
California Resources Corp. | 104,121 | 4,187 | |
Mesquite Energy, Inc.1,2,4 | 25,913 | 155 | |
McDermott International, Ltd.2 | 156,914 | 102 | |
7,365,860 | |||
Industrials 5.83% | |||
Lockheed Martin Corp. | 5,023,242 | 2,170,643 | |
BAE Systems PLC1 | 122,534,264 | 1,141,349 | |
United Parcel Service, Inc., Class B | 3,402,000 | 612,292 | |
Norfolk Southern Corp. | 2,122,453 | 547,338 | |
Emerson Electric Co. | 5,735,879 | 517,262 | |
Raytheon Technologies Corp. | 4,188,623 | 397,542 | |
Hubbell, Inc. | 1,303,000 | 254,554 | |
ManpowerGroup, Inc.6 | 2,722,832 | 245,600 | |
General Dynamics Corp. | 1,000,000 | 236,530 | |
Watsco, Inc. | 774,800 | 206,701 | |
Kone OYJ, Class B1 | 4,254,940 | 204,172 | |
Honeywell International, Inc. | 954,500 | 184,705 | |
Deutsche Post AG1 | 4,245,000 | 183,246 | |
Siemens AG1 | 945,888 | 117,654 | |
Cummins, Inc. | 600,000 | 113,514 | |
Inwido AB1 | 1,945,880 | 26,891 | |
Intrum AB1,2 | 1,100,000 | 26,329 | |
Regal Rexnord Corp. | 134,000 | 17,050 | |
Ventia Services Group Pty, Ltd.1,3 | 7,954,000 | 16,039 | |
Coor Service Management Holding AB1 | 1,750,000 | 15,871 | |
7,235,282 | |||
Utilities 5.45% | |||
National Grid PLC1 | 81,713,475 | 1,214,930 | |
DTE Energy Company | 8,765,852 | 1,148,677 | |
Brookfield Infrastructure Partners LP6 | 17,195,755 | 1,073,656 | |
Duke Energy Corp. | 6,643,965 | 731,899 | |
Dominion Energy, Inc. | 5,973,473 | 487,674 | |
Public Service Enterprise Group, Inc. | 6,645,900 | 462,953 | |
Southern Co. | 5,472,114 | 401,599 | |
AES Corp. | 19,056,000 | 389,124 | |
E.ON SE1 | 15,239,000 | 159,714 | |
Enel SpA1 | 24,114,000 | 155,850 | |
CMS Energy Corp. | 1,715,700 | 117,851 | |
Exelon Corp. | 2,245,300 | 105,035 | |
Edison International | 1,468,100 | 100,991 | |
American Electric Power Company, Inc. | 822,700 | 81,538 | |
Guangdong Investment, Ltd.1 | 52,919,000 | 67,781 | |
Black Hills Corp. | 656,000 | 48,045 | |
Constellation Energy Corp. | 200,000 | 11,842 | |
6,759,159 | |||
Consumer discretionary 3.78% | |||
Home Depot, Inc. | 4,130,332 | 1,240,752 | |
Darden Restaurants, Inc. | 6,040,500 | 795,715 | |
Target Corp. | 2,934,650 | 671,008 | |
Restaurant Brands International, Inc.3 | 10,234,000 | 584,259 |
The Income Fund of America — Page 4 of 54
unaudited
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Stellantis NV1 | 19,328,000 | $257,678 | |
Hasbro, Inc. | 2,652,400 | 233,570 | |
General Motors Company2 | 5,175,000 | 196,184 | |
Genuine Parts Co. | 1,377,500 | 179,144 | |
Industria de Diseño Textil, SA1 | 6,656,400 | 139,584 | |
Domino’s Pizza Group PLC1,6 | 30,671,123 | 133,939 | |
Best Buy Co., Inc. | 1,090,000 | 98,024 | |
Persimmon PLC1 | 3,350,000 | 87,370 | |
Puuilo OYJ1,2,6 | 5,509,640 | 38,089 | |
NMG Parent LLC2 | 67,256 | 13,115 | |
Kindred Group PLC (SDR)1 | 1,255,000 | 11,000 | |
Lumi Gruppen AS1,6 | 2,000,000 | 7,012 | |
MYT Holding Co., Class B1,2 | 2,070,418 | 4,658 | |
4,691,101 | |||
Materials 3.06% | |||
Dow, Inc. | 13,979,511 | 929,637 | |
Rio Tinto PLC1 | 12,998,252 | 921,990 | |
Vale SA, ordinary nominative shares | 27,371,200 | 461,119 | |
BHP Group, Ltd. (CDI)1 | 9,190,000 | 308,982 | |
Newmont Corp. | 3,921,800 | 285,703 | |
Packaging Corporation of America | 1,662,730 | 267,982 | |
UPM-Kymmene Oyj1 | 3,802,926 | 130,628 | |
Nucor Corp. | 763,700 | 118,206 | |
Fortescue Metals Group, Ltd.1 | 7,436,749 | 112,742 | |
BASF SE1,2 | 1,803,848 | 95,888 | |
Impala Platinum Holdings, Ltd.1,3 | 5,683,000 | 74,170 | |
Air Products and Chemicals, Inc. | 162,543 | 38,046 | |
Evonik Industries AG1 | 934,056 | 24,700 | |
Polymetal International PLC1 | 6,162,000 | 18,739 | |
Verallia SAS1,2 | 131,000 | 3,572 | |
3,792,104 | |||
Communication services 2.57% | |||
Verizon Communications, Inc. | 21,330,000 | 987,579 | |
Koninklijke KPN NV1,3,6 | 212,028,139 | 733,339 | |
BCE, Inc. | 9,941,425 | 528,548 | |
Publicis Groupe SA1 | 7,794,000 | 466,534 | |
AT&T, Inc. | 10,000,000 | 188,600 | |
TELUS Corp. | 6,267,281 | 156,798 | |
Warner Bros. Discovery, Inc.2 | 2,419,170 | 43,908 | |
Singapore Telecommunications, Ltd.1 | 15,841,000 | 31,486 | |
Deutsche Telekom AG1,2 | 1,315,847 | 24,238 | |
SoftBank Corp.1 | 1,775,008 | 20,627 | |
Cumulus Media, Inc., Class A2 | 217,442 | 2,994 | |
Clear Channel Outdoor Holdings, Inc.2 | 152,827 | 376 | |
3,185,027 | |||
Total common stocks (cost: $58,107,810,000) | 85,141,184 |
The Income Fund of America — Page 5 of 54
unaudited
Preferred securities 0.33% Financials 0.20% | Shares | Value (000) | |
Citigroup, Inc., 7.68% preferred shares | 2,245,277 | $60,869 | |
Citigroup., Inc., Series K, 6.875% noncumulative preferred depositary shares | 2,145,767 | 56,906 | |
Itaú Unibanco Holding SA, preferred nominative shares | 12,450,000 | 60,110 | |
Goldman Sachs Group, Inc., Series J, 5.50% preferred depositary shares3 | 1,200,000 | 30,528 | |
PNC Financial Services Group, Inc., Series P, 6.125% noncumulative preferred depositary shares | 1,000,000 | 25,110 | |
Wells Fargo & Company, Series Q, Class A, 5.85% noncumulative preferred depositary shares | 555,913 | 13,559 | |
247,082 | |||
Information technology 0.13% | |||
Samsung Electronics Co., Ltd., nonvoting preferred shares1 | 3,299,922 | 154,101 | |
Industrials 0.00% | |||
ACR III LSC Holdings LLC, Series B, preferred shares1,2,4,8 | 3,260 | 2,404 | |
Consumer discretionary 0.00% | |||
MYT Holdings LLC, Series A, preferred shares, 10.00% 20292 | 1,427,896 | 1,564 | |
Total preferred securities (cost: $414,844,000) | 405,151 | ||
Rights & warrants 0.00% Consumer discretionary 0.00% | |||
NMG Parent LLC, warrants, expire 20271,2 | 75,844 | 4,440 | |
Energy 0.00% | |||
Bighorn Permian Resources, LLC, Class A, warrants, expire 20241,2,4 | 17,183 | 280 | |
Utilities 0.00% | |||
Vistra Energy Corp., rights1,2,4,8 | 1,138 | —5 | |
Total rights & warrants (cost: $459,000) | 4,720 | ||
Convertible stocks 0.60% Health care 0.23% | |||
Becton, Dickinson and Company, Series B, convertible preferred shares, 6.00% 20233 | 2,467,280 | 126,103 | |
Danaher Corp., Series B, cumulative convertible preferred shares, 5.00% 20233 | 82,100 | 113,265 | |
Boston Scientific Corp., Series A, convertible preferred shares, 5.50% 2023 | 449,460 | 50,721 | |
290,089 | |||
Utilities 0.13% | |||
AES Corp., convertible preferred units, 6.875% 20243 | 1,043,000 | 90,324 | |
DTE Energy Company, convertible preferred units, 6.25% 2022 | 680,000 | 35,632 | |
American Electric Power Company, Inc., convertible preferred units, 6.125% 20233 | 600,000 | 33,600 | |
159,556 | |||
Information technology 0.11% | |||
Broadcom, Inc., Series A, cumulative convertible preferred shares, 8.00% 2022 | 78,700 | 137,292 |
The Income Fund of America — Page 6 of 54
unaudited
Convertible stocks (continued) Consumer discretionary 0.07% | Shares | Value (000) | |
Aptiv PLC, Series A, convertible preferred shares, 5.50% 2023 | 700,288 | $86,563 | |
Financials 0.06% | |||
KKR & Co., Inc., Series C, convertible preferred shares, 6.00% 20233 | 1,061,031 | 69,561 | |
Total convertible stocks (cost: $623,957,000) | 743,061 | ||
Convertible bonds & notes 0.00% Energy 0.00% | Principal amount (000) | ||
Mesquite Energy, Inc., convertible notes, 13.14% Cash 20231,4,8,9 | USD578 | 578 | |
Total convertible bonds & notes (cost: $577,000) | 578 | ||
Bonds, notes & other debt instruments 21.40% Corporate bonds, notes & loans 15.24% Financials 2.63% | |||
ACE INA Holdings, Inc. 2.875% 2022 | 765 | 768 | |
ACE INA Holdings, Inc. 3.35% 2026 | 765 | 760 | |
Advisor Group Holdings, LLC 6.25% 20288 | 48,453 | 47,429 | |
AerCap Holdings NV 4.50% 2023 | 10,000 | 10,026 | |
AerCap Holdings NV 6.50% 2025 | 4,315 | 4,479 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 1.15% 2023 | 9,000 | 8,595 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 1.65% 2024 | 25,275 | 23,586 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 2.45% 2026 | 23,694 | 21,096 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.00% 2028 | 27,689 | 24,105 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.30% 2032 | 12,254 | 10,202 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.40% 2033 | 8,248 | 6,777 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.85% 2041 | 6,777 | 5,246 | |
AG Merger Sub II, Inc. 10.75% 20278 | 47,972 | 50,778 | |
Alliant Holdings Intermediate, LLC 6.75% 20278 | 37,176 | 35,197 | |
Alliant Holdings Intermediate, LLC / Alliant Holdings 4.25% 20278 | 20,465 | 18,927 | |
Alliant Holdings Intermediate, LLC / Alliant Holdings 5.875% 20298 | 20,385 | 19,036 | |
Ally Financial, Inc. 8.00% 2031 | 11,764 | 13,789 | |
American International Group, Inc. 2.50% 2025 | 25,000 | 24,048 | |
American International Group, Inc. 4.375% 2050 | 3,450 | 3,340 | |
AmWINS Group, Inc. 4.875% 20298 | 27,691 | 25,383 | |
Aretec Escrow Issuer, Inc. 7.50% 20298 | 43,388 | 40,460 | |
Ascensus, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 7.50% 202910,11 | 6,070 | 5,999 | |
AssuredPartners, Inc. 7.00% 20258 | 435 | 430 | |
AssuredPartners, Inc. 8.00% 20278 | 19,359 | 19,312 | |
AssuredPartners, Inc. 5.625% 20298 | 15,820 | 13,933 | |
AXA Equitable Holdings, Inc. 5.00% 2048 | 1,500 | 1,460 | |
Bangkok Bank PCL 3.733% 2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029)12 | 8,245 | 7,524 | |
Bank of America Corp. 1.843% 2025 (USD-SOFR + 0.67% on 2/4/2024)12 | 20,000 | 19,372 | |
Bank of America Corp. 2.456% 2025 (3-month USD-LIBOR + 0.87% on 10/22/2024)12 | 10,750 | 10,361 | |
Bank of America Corp. 3.841% 2025 (USD-SOFR + 1.11% on 4/25/2024)12 | 8,000 | 7,998 | |
Bank of America Corp. 1.197% 2026 (USD-SOFR + 1.01% on 10/24/2025)12 | 7,500 | 6,772 | |
Bank of America Corp. 1.319% 2026 (USD-SOFR + 1.15% on 6/19/2025)12 | 9,700 | 8,893 | |
Bank of America Corp. 1.658% 2027 (USD-SOFR + 0.91% on 3/11/2026)12 | 4,896 | 4,438 | |
Bank of America Corp. 3.419% 2028 (3-month USD-LIBOR + 1.04% on 12/20/2027)12 | 5,400 | 5,118 | |
Bank of America Corp. 4.376% 2028 (USD-SOFR + 1.58% on 4/27/2027)12 | 8,000 | 7,994 |
The Income Fund of America — Page 7 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Bank of America Corp. 2.087% 2029 (USD-SOFR + 1.06% on 6/14/2028)12 | USD26,229 | $22,820 | |
Bank of America Corp. 1.898% 2031 (USD-SOFR + 1.53% on 7/23/2030)12 | 20,000 | 16,367 | |
Bank of America Corp. 2.299% 2032 (USD-SOFR + 1.22% on 7/21/2031)12 | 30,519 | 25,236 | |
Bank of America Corp. 2.572% 2032 (USD-SOFR + 1.21% on 10/20/2031)12 | 8,494 | 7,186 | |
Bank of America Corp. 2.972% 2033 (USD-SOFR + 1.33% on 2/4/2032)12 | 15,838 | 13,801 | |
Bank of America Corp. 4.571% 2033 (USD-SOFR + 1.83% on 4/27/2032)12 | 8,000 | 7,972 | |
Bank of China, Ltd. (Hong Kong Branch) 4.00% 2028 | 200 | 203 | |
Bank of Nova Scotia 1.625% 2023 | 8,000 | 7,912 | |
BNP Paribas 2.819% 2025 (3-month USD-LIBOR + 1.111% on 11/19/2024)8,12 | 5,184 | 4,994 | |
BNP Paribas 3.375% 20258 | 13,007 | 12,790 | |
BNP Paribas 2.219% 2026 (USD-SOFR + 2.074% on 6/9/2025)8,12 | 23,433 | 21,883 | |
BNP Paribas 1.323% 2027 (USD-SOFR + 1.004% on 1/13/2026)8,12 | 12,125 | 10,794 | |
BNP Paribas 2.591% 2028 (USD-SOFR + 1.228% on 1/20/2027)8,12 | 13,189 | 12,021 | |
BNP Paribas 2.159% 2029 (USD-SOFR + 1.218% on 9/15/2028)8,12 | 6,375 | 5,439 | |
BNP Paribas 2.871% 2032 (USD-SOFR + 1.387% on 4/19/2031)8,12 | 5,200 | 4,419 | |
BNP Paribas 3.132% 2033 (USD-SOFR + 1.561% on 1/20/2032)8,12 | 4,750 | 4,081 | |
Capital One Financial Corp. 1.343% 2024 (USD-SOFR + 0.69% on 12/6/2023)12 | 13,075 | 12,574 | |
Castlelake Aviation Finance DAC 5.00% 20278 | 24,100 | 21,723 | |
CIT Group, Inc. 3.929% 2024 (USD-SOFR + 3.827% on 6/19/2023)12 | 11,575 | 11,646 | |
Citigroup, Inc. 2.014% 2026 (USD-SOFR + 0.694% on 1/25/2025)12 | 6,069 | 5,740 | |
Citigroup, Inc. 3.106% 2026 (USD-SOFR + 2.842% on 3/8/2026)12 | 7,300 | 7,067 | |
Citigroup, Inc. 4.60% 2026 | 1,300 | 1,311 | |
Citigroup, Inc. 3.07% 2028 (USD-SOFR + 1.28% on 2/24/2027)12 | 5,855 | 5,508 | |
Citigroup, Inc. 3.668% 2028 (3-month USD-LIBOR + 1.39% on 7/24/2027)12 | 700 | 674 | |
Citigroup, Inc. 2.976% 2030 (USD-SOFR + 1.422% on 11/5/2029)12 | 2,400 | 2,147 | |
Citigroup, Inc. 2.572% 2031 (USD-SOFR + 2.107% on 6/3/2030)12 | 14,800 | 12,716 | |
Citigroup, Inc. 4.412% 2031 (USD-SOFR + 3.914% on 3/31/2030)12 | 3,000 | 2,934 | |
Citigroup, Inc. 3.057% 2033 (USD-SOFR + 1.351% on 1/25/2032)12 | 9,000 | 7,870 | |
Citigroup, Inc., Series A, 5.95% junior subordinated perpetual bonds (3-month USD-LIBOR + 4.068% on 1/30/2023)12 | 100 | 100 | |
CME Group, Inc. 3.75% 2028 | 6,875 | 6,834 | |
Coinbase Global, Inc. 3.375% 20288 | 28,165 | 21,918 | |
Coinbase Global, Inc. 3.625% 20318 | 27,265 | 20,193 | |
Commonwealth Bank of Australia 3.35% 2024 | 800 | 803 | |
Commonwealth Bank of Australia 3.35% 20248 | 675 | 677 | |
Compass Diversified Holdings 5.25% 20298 | 55,230 | 49,638 | |
Compass Diversified Holdings 5.00% 20328 | 26,085 | 22,210 | |
Corebridge Financial, Inc. 3.50% 20258 | 9,248 | 9,164 | |
Corebridge Financial, Inc. 3.65% 20278 | 22,661 | 22,012 | |
Corebridge Financial, Inc. 3.85% 20298 | 15,393 | 14,722 | |
Corebridge Financial, Inc. 3.90% 20328 | 7,289 | 6,847 | |
Corebridge Financial, Inc. 4.35% 20428 | 1,622 | 1,469 | |
Corebridge Financial, Inc. 4.40% 20528 | 3,907 | 3,490 | |
Crédit Agricole SA 1.907% 2026 (USD-SOFR + 1.676% on 6/16/2025)8,12 | 10,675 | 9,897 | |
Crédit Agricole SA 1.247% 2027 (USD-SOFR + 0.892% on 1/26/2026)8,12 | 4,900 | 4,351 | |
Credit Suisse Group AG 2.997% 2023 (3-month USD-LIBOR + 1.20% on 12/14/2022)8,12 | 4,750 | 4,737 | |
Credit Suisse Group AG 3.80% 2023 | 14,925 | 14,976 | |
Credit Suisse Group AG 2.593% 2025 (USD-SOFR + 1.56% on 9/11/2024)8,12 | 1,275 | 1,217 | |
Credit Suisse Group AG 2.193% 2026 (USD-SOFR + 2.044% on 6/5/2025)8,12 | 13,800 | 12,751 | |
Credit Suisse Group AG 1.305% 2027 (USD-SOFR + 0.98% on 2/2/2026)8,12 | 16,300 | 14,296 | |
Credit Suisse Group AG 3.869% 2029 (3-month USD-LIBOR + 1.41% on 1/12/2028)8,12 | 1,975 | 1,848 | |
Credit Suisse Group AG 4.194% 2031 (USD-SOFR + 3.73% on 4/1/2030)8,12 | 10,408 | 9,657 | |
Credit Suisse Group AG 3.091% 2032 (USD-SOFR + 1.73% on 5/14/2031)8,12 | 15,601 | 13,061 | |
Danske Bank AS 3.875% 20238 | 9,604 | 9,647 |
The Income Fund of America — Page 8 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Danske Bank AS 3.773% 2025 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.45% on 3/28/2024)8,12 | USD25,000 | $24,741 | |
Danske Bank AS 4.298% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 4/1/2027)8,12 | 5,000 | 4,835 | |
Deutsche Bank AG 3.30% 2022 | 460 | 461 | |
Deutsche Bank AG 3.95% 2023 | 5,345 | 5,379 | |
Deutsche Bank AG 0.898% 2024 | 7,500 | 7,086 | |
Deutsche Bank AG 2.222% 2024 (USD-SOFR + 2.159% on 9/18/2023)12 | 21,775 | 21,193 | |
Deutsche Bank AG 3.70% 2024 | 11,528 | 11,477 | |
Deutsche Bank AG 3.961% 2025 (USD-SOFR + 2.581% on 11/26/2024)12 | 89,325 | 88,117 | |
Deutsche Bank AG 4.50% 2025 | 800 | 787 | |
Deutsche Bank AG 2.129% 2026 (USD-SOFR + 1.87% on 11/24/2025)12 | 37,898 | 34,455 | |
Deutsche Bank AG 4.10% 2026 | 33,957 | 33,652 | |
Deutsche Bank AG 2.311% 2027 (USD-SOFR + 1.219% on 11/16/2026)12 | 5,250 | 4,649 | |
Deutsche Bank AG 2.552% 2028 (USD-SOFR + 1.318% on 1/7/2027)12 | 38,570 | 34,297 | |
Deutsche Bank AG 3.547% 2031 (USD-SOFR + 3.043% on 9/18/2030)12 | 6,450 | 5,696 | |
Deutsche Bank AG 3.035% 2032 (USD-SOFR + 1.718% on 5/28/2031)12 | 3,625 | 3,027 | |
Digital Currency Group, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 8.00% 20261,4,10,11 | 6,825 | 6,464 | |
Digital Currency Group, Inc., Term Loan, 8.75% 20261,4,10 | 9,100 | 8,618 | |
FS Energy and Power Fund 7.50% 20238 | 42,570 | 43,344 | |
Goldman Sachs Group, Inc. 2.905% 2023 (3-month USD-LIBOR + 0.99% on 7/24/2022)12 | 10,904 | 10,898 | |
Goldman Sachs Group, Inc. 3.272% 2025 (3-month USD-LIBOR + 1.201% on 9/29/2024)12 | 1,100 | 1,083 | |
Goldman Sachs Group, Inc. 1.431% 2027 (USD-SOFR + 0.795% on 3/9/2026)12 | 10,650 | 9,519 | |
Goldman Sachs Group, Inc. 1.542% 2027 (USD-SOFR + 0.818% on 9/10/2026)12 | 17,000 | 15,041 | |
Goldman Sachs Group, Inc. 1.948% 2027 (USD-SOFR + 0.913% on 10/21/2026)12 | 48,202 | 43,344 | |
Goldman Sachs Group, Inc. 2.64% 2028 (USD-SOFR + 1.114% on 2/24/2027)12 | 25,188 | 23,177 | |
Goldman Sachs Group, Inc. 3.615% 2028 (USD-SOFR + 1.846% on 3/15/2027)12 | 13,910 | 13,368 | |
Goldman Sachs Group, Inc. 3.691% 2028 (3-month USD-LIBOR + 1.51% on 6/5/2027)12 | 8,000 | 7,685 | |
Goldman Sachs Group, Inc. 2.383% 2032 (USD-SOFR + 1.248% on 7/21/2031)12 | 16,000 | 13,238 | |
Goldman Sachs Group, Inc. 2.615% 2032 (USD-SOFR + 1.281% on 4/22/2031)12 | 6,523 | 5,523 | |
Goldman Sachs Group, Inc. 3.102% 2033 (USD-SOFR + 1.41% on 2/24/2032)12 | 23,199 | 20,297 | |
Goldman Sachs Group, Inc. 3.21% 2042 (USD-SOFR + 1.513% on 4/22/2041)12 | 7,500 | 6,052 | |
Groupe BPCE SA 5.70% 20238 | 16,825 | 17,204 | |
Groupe BPCE SA 5.15% 20248 | 18,160 | 18,519 | |
Groupe BPCE SA 1.625% 20258 | 8,000 | 7,574 | |
Groupe BPCE SA 1.00% 20268 | 10,000 | 8,950 | |
Groupe BPCE SA 1.652% 2026 (USD-SOFR + 1.52% on 10/6/2025)8,12 | 6,925 | 6,293 | |
Groupe BPCE SA 2.277% 2032 (USD-SOFR + 1.312% on 1/20/2031)8,12 | 7,675 | 6,258 | |
Hightower Holding, LLC 6.75% 20298 | 18,715 | 17,319 | |
HSBC Holdings PLC 4.25% 2024 | 9,000 | 9,056 | |
HSBC Holdings PLC 2.099% 2026 (USD-SOFR + 1.929% on 6/4/2025)12 | 14,000 | 13,086 | |
HSBC Holdings PLC 1.589% 2027 (3-month USD-LIBOR + 1.29% on 5/24/2026)12 | 368 | 327 | |
HSBC Holdings PLC 4.583% 2029 (3-month USD-LIBOR + 1.535% on 6/19/2028)12 | 5,750 | 5,650 | |
Huarong Finance 2017 Co., Ltd. 4.25% 2027 | 17,000 | 15,619 | |
Huarong Finance II Co., Ltd. 5.50% 2025 | 17,000 | 16,724 | |
HUB International, Ltd. 7.00% 20268 | 44,138 | 43,801 | |
HUB International, Ltd. 5.625% 20298 | 10,435 | 9,587 | |
Icahn Enterprises Finance Corp. 5.25% 2027 | 5,230 | 4,895 | |
Icahn Enterprises Finance Corp. 4.375% 2029 | 9,625 | 8,321 | |
Intercontinental Exchange, Inc. 2.65% 2040 | 12,025 | 9,280 | |
Intesa Sanpaolo SpA 3.125% 20228 | 11,300 | 11,314 | |
Intesa Sanpaolo SpA 3.375% 20238 | 9,360 | 9,357 | |
Intesa Sanpaolo SpA 3.25% 20248 | 1,730 | 1,696 | |
Intesa Sanpaolo SpA 5.017% 20248 | 149,555 | 146,128 |
The Income Fund of America — Page 9 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Intesa Sanpaolo SpA 5.71% 20268 | USD43,165 | $43,005 | |
Intesa Sanpaolo SpA 3.875% 20278 | 9,300 | 8,843 | |
Intesa Sanpaolo SpA 3.875% 20288 | 2,820 | 2,663 | |
Iron Mountain Information Management Services, Inc. 5.00% 20328 | 35,895 | 31,699 | |
JPMorgan Chase & Co. 3.559% 2024 (3-month USD-LIBOR + 0.73% on 4/23/2023)12 | 5,400 | 5,402 | |
JPMorgan Chase & Co. 3.875% 2024 | 150 | 151 | |
JPMorgan Chase & Co. 1.561% 2025 (USD-SOFR + 0.605% on 12/10/2024)12 | 21,994 | 20,714 | |
JPMorgan Chase & Co. 2.301% 2025 (USD-SOFR + 1.16% on 10/15/2024)12 | 250 | 240 | |
JPMorgan Chase & Co. 2.005% 2026 (USD-SOFR + 1.585% on 3/13/2025)12 | 23,150 | 21,822 | |
JPMorgan Chase & Co. 4.08% 2026 (USD-SOFR + 1.32% on 4/26/2025)12 | 15,000 | 14,969 | |
JPMorgan Chase & Co. 2.182% 2028 (USD-SOFR + 1.89% on 6/1/2027)12 | 4,400 | 3,966 | |
JPMorgan Chase & Co. 3.54% 2028 (3-month USD-LIBOR + 1.38% on 5/1/2027)12 | 350 | 336 | |
JPMorgan Chase & Co. 4.323% 2028 (USD-SOFR + 1.56% on 4/26/2027)12 | 26,000 | 25,914 | |
JPMorgan Chase & Co. 2.069% 2029 (USD-SOFR + 1.015% on 6/1/2028)12 | 20,593 | 18,055 | |
JPMorgan Chase & Co. 2.522% 2031 (USD-SOFR + 2.04% on 4/22/2030)12 | 4,100 | 3,567 | |
JPMorgan Chase & Co. 2.545% 2032 (USD-SOFR + 1.18% on 11/8/2031)12 | 2,207 | 1,871 | |
JPMorgan Chase & Co. 2.58% 2032 (USD-SOFR + 1.25% on 4/22/2031)12 | 5,012 | 4,298 | |
JPMorgan Chase & Co. 2.963% 2033 (USD-SOFR + 1.26% on 1/25/2032)12 | 7,556 | 6,657 | |
JPMorgan Chase & Co. 4.586% 2033 (USD-SOFR + 1.80% on 4/26/2032)12 | 1,555 | 1,563 | |
JPMorgan Chase & Co. 3.328% 2052 (USD-SOFR + 1.58% on 4/22/2051)12 | 7,500 | 5,999 | |
JPMorgan Chase & Co., Series S, 6.75% junior subordinated perpetual bonds (3-month USD-LIBOR + 3.78% on 2/1/2024)12 | 25,901 | 26,373 | |
Kasikornbank PCL HK 3.343% 2031 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.70% on 10/2/2026)12 | 8,320 | 7,670 | |
Ladder Capital Corp. 4.25% 20278 | 22,719 | 20,911 | |
Liberty Mutual Group, Inc. 4.25% 20238 | 971 | 979 | |
Liberty Mutual Group, Inc. 4.569% 20298 | 3,429 | 3,483 | |
Lloyds Banking Group PLC 4.05% 2023 | 6,000 | 6,065 | |
Lloyds Banking Group PLC 4.582% 2025 | 7,000 | 7,034 | |
Lloyds Banking Group PLC 2.438% 2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.00% on 2/5/2025)12 | 5,600 | 5,348 | |
Lloyds Banking Group PLC 3.75% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.80% on 3/18/2027)12 | 12,427 | 12,009 | |
Lloyds Banking Group PLC 4.375% 2028 | 3,950 | 3,915 | |
LPL Holdings, Inc. 4.625% 20278 | 40,770 | 38,731 | |
LPL Holdings, Inc. 4.00% 20298 | 5,950 | 5,422 | |
LPL Holdings, Inc. 4.375% 20318 | 20,790 | 19,015 | |
MGIC Investment Corp. 5.25% 2028 | 5,075 | 4,774 | |
Mitsubishi UFJ Financial Group, Inc. 1.412% 2025 | 3,850 | 3,555 | |
Mitsubishi UFJ Financial Group, Inc. 1.538% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.75% on 7/20/2026)12 | 17,000 | 15,215 | |
Mitsubishi UFJ Financial Group, Inc. 2.341% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.83% on 1/19/2027)12 | 5,000 | 4,579 | |
Mitsubishi UFJ Financial Group, Inc. 4.08% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.30% on 4/19/2027)12 | 8,000 | 7,893 | |
Mizuho Financial Group, Inc. 0.849% 2024 (3-month USD-LIBOR + 0.61% on 9/8/2023)12 | 5,200 | 5,012 | |
Mizuho Financial Group, Inc. 1.554% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.75% on 7/9/2026)12 | 13,000 | 11,628 | |
Mizuho Financial Group, Inc. 1.979% 2031 (3-month USD-LIBOR + 1.27% on 9/8/2030)12 | 4,100 | 3,355 | |
Morgan Stanley 3.70% 2024 | 600 | 602 | |
Morgan Stanley 1.512% 2027 (USD-SOFR + 0.858% on 7/20/2026)12 | 30,463 | 27,150 | |
Morgan Stanley 1.593% 2027 (USD-SOFR + 0.879% on 5/4/2026)12 | 9,869 | 8,884 |
The Income Fund of America — Page 10 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Morgan Stanley 2.475% 2028 (USD-SOFR + 1.00% on 1/21/2027)12 | USD5,451 | $5,023 | |
Morgan Stanley 4.21% 2028 (USD-SOFR + 1.61% on 4/20/2027)12 | 8,000 | 7,947 | |
Morgan Stanley 1.928% 2032 (USD-SOFR + 1.02% on 4/28/2031)12 | 10,000 | 8,064 | |
Morgan Stanley 2.239% 2032 (USD-SOFR + 1.178% on 7/21/2031)12 | 8,500 | 7,024 | |
Morgan Stanley 2.943% 2033 (USD-SOFR + 1.29% on 1/21/2032)12 | 26,361 | 23,010 | |
Morgan Stanley 5.297% 2037 (USD-SOFR + 2.62% on 4/20/2032)12 | 8,610 | 8,619 | |
Morgan Stanley 3.217% 2042 (USD-SOFR + 1.485% on 4/22/2041)12 | 2,854 | 2,351 | |
MSCI, Inc. 4.00% 20298 | 19,500 | 17,987 | |
MSCI, Inc. 3.625% 20318 | 11,825 | 10,394 | |
MSCI, Inc. 3.875% 20318 | 16,009 | 14,473 | |
MSCI, Inc. 3.25% 20338 | 3,650 | 3,090 | |
National Australia Bank, Ltd. 1.887% 20278 | 20,000 | 18,432 | |
National Financial Partners Corp. 6.875% 20288 | 18,421 | 16,391 | |
Navient Corp. 5.50% 2023 | 24,393 | 24,546 | |
Navient Corp. 5.875% 2024 | 16,535 | 16,432 | |
Navient Corp. 6.125% 2024 | 29,995 | 30,204 | |
Navient Corp. 6.75% 2026 | 6,000 | 5,906 | |
Navient Corp. 5.00% 2027 | 16,025 | 14,618 | |
Navient Corp. 5.50% 2029 | 72,940 | 64,254 | |
Navient Corp. 5.625% 2033 | 10,990 | 8,703 | |
Northwestern Mutual Global Funding 1.75% 20278 | 17,100 | 15,764 | |
Onemain Finance Corp. 3.875% 2028 | 5,974 | 5,071 | |
Owl Rock Capital Corp. 3.75% 2025 | 12,473 | 11,981 | |
Owl Rock Capital Corp. 4.00% 2025 | 449 | 438 | |
Owl Rock Capital Corp. 3.40% 2026 | 5,800 | 5,356 | |
Owl Rock Capital Corp. 2.625% 2027 | 20,600 | 18,181 | |
Owl Rock Capital Corp. 2.875% 2028 | 1,765 | 1,506 | |
Owl Rock Capital Corp. II 4.625% 20248 | 9,285 | 9,154 | |
Owl Rock Capital Corp. III 3.125% 20278 | 13,170 | 11,458 | |
Owl Rock Core Income Corp. 4.70% 20278 | 17,775 | 16,786 | |
Oxford Finance, LLC / Oxford Finance Co-Issuer II, Inc. 6.375% 20278 | 22,660 | 22,962 | |
PNC Financial Services Group, Inc. 2.854% 202212 | 8,395 | 8,431 | |
PNC Financial Services Group, Inc. 3.90% 2024 | 3,000 | 3,030 | |
PNC Financial Services Group, Inc., Series O, (3-month USD-LIBOR + 3.678%) 3.995% junior subordinated perpetual bonds11 | 80 | 80 | |
Prudential Financial, Inc. 4.35% 2050 | 6,205 | 6,064 | |
Prudential Financial, Inc. 3.70% 2051 | 755 | 656 | |
Prudential Financial, Inc., junior subordinated, 5.625% 2043 (3-month USD-LIBOR + 3.92% on 6/15/2023)12 | 1,850 | 1,852 | |
Prudential Financial, Inc., junior subordinated, 5.70% 2048 (3-month USD-LIBOR + 2.665% on 9/15/2028)12 | 4,000 | 4,005 | |
Quicken Loans, LLC 3.625% 20298 | 6,645 | 5,690 | |
Rabobank Nederland 4.375% 2025 | 9,000 | 9,021 | |
Rocket Mortgage / Rocket Mortgage Co-Issuer, Inc. 2.875% 20268 | 12,990 | 11,511 | |
Royal Bank of Canada 1.15% 2025 | 12,367 | 11,441 | |
Ryan Specialty Group, LLC 4.375% 20308 | 22,830 | 20,850 | |
Santander Holdings USA, Inc. 3.40% 2023 | 12,500 | 12,539 | |
Santander Holdings USA, Inc. 3.50% 2024 | 11,250 | 11,191 | |
Santander Holdings USA, Inc. 2.49% 202812 | 10,650 | 9,661 | |
Springleaf Finance Corp. 6.125% 2024 | 20,300 | 20,400 | |
Starwood Property Trust, Inc. 5.50% 20238 | 5,400 | 5,447 | |
Starwood Property Trust, Inc. 4.375% 20278 | 25,050 | 23,395 | |
Sumitomo Mitsui Banking Corp. 2.174% 2027 | 3,125 | 2,870 |
The Income Fund of America — Page 11 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Swiss Re Finance (Luxembourg) SA 5.00% 2049 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.582% on 4/2/2029)8,12 | USD3,800 | $3,816 | |
Synchrony Financial 2.85% 2022 | 7,075 | 7,087 | |
Synchrony Financial 4.375% 2024 | 5,095 | 5,141 | |
Toronto-Dominion Bank 0.75% 2025 | 6,575 | 5,982 | |
Toronto-Dominion Bank 1.25% 2026 | 13,606 | 12,218 | |
Toronto-Dominion Bank 1.95% 2027 | 10,000 | 9,187 | |
Toronto-Dominion Bank 2.45% 2032 | 7,500 | 6,446 | |
U.S. Bancorp 3.70% 2024 | 10,000 | 10,102 | |
U.S. Bancorp 2.375% 2026 | 6,000 | 5,716 | |
UBS Group AG 4.125% 20258 | 4,425 | 4,425 | |
UBS Group AG 1.364% 2027 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.08% on 1/30/2026)8,12 | 4,000 | 3,593 | |
UBS Group AG 1.494% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on 8/10/2026)8,12 | 6,925 | 6,151 | |
UniCredit SpA 4.625% 20278 | 1,730 | 1,685 | |
UniCredit SpA 5.861% 2032 (5-year USD-ICE Swap + 3.703% on 6/19/2027)8,12 | 23,729 | 22,621 | |
Wells Fargo & Company 1.654% 2024 (USD-SOFR + 1.60% on 6/2/2023)12 | 6,500 | 6,391 | |
Wells Fargo & Company 2.406% 2025 (3-month USD-LIBOR + 0.825% on 10/30/2024)12 | 16,860 | 16,209 | |
Wells Fargo & Company 2.164% 2026 (3-month USD-LIBOR + 0.75% on 2/11/2025)12 | 12,000 | 11,388 | |
Wells Fargo & Company 2.188% 2026 (USD-SOFR + 2.00% on 4/30/2025)12 | 9,350 | 8,837 | |
Wells Fargo & Company 3.908% 2026 (USD-SOFR + 1.32% on 4/25/2025)12 | 4,687 | 4,656 | |
Wells Fargo & Company 2.393% 2028 (USD-SOFR + 2.10% on 6/2/2027)12 | 3,950 | 3,598 | |
Wells Fargo & Company 3.526% 2028 (USD-SOFR + 1.51% on 3/24/2027)12 | 40,547 | 38,973 | |
Wells Fargo & Company 3.584% 2028 (3-month USD-LIBOR + 1.31% on 5/22/2027)12 | 281 | 270 | |
Wells Fargo & Company 2.879% 2030 (3-month USD-LIBOR + 1.17% on 10/30/2029)12 | 8,120 | 7,289 | |
Wells Fargo & Company 2.572% 2031 (3-month USD-LIBOR + 1.00% on 2/11/2030)12 | 13,850 | 12,101 | |
Wells Fargo & Company 3.35% 2033 (USD-SOFR + 1.50% on 3/2/2032)12 | 8,000 | 7,279 | |
Wells Fargo & Company 5.013% 2051 (3-month USD-LIBOR + 4.24% on 4/4/2050)12 | 4,150 | 4,326 | |
Wells Fargo & Company 4.611% 2053 (USD-SOFR + 2.13% on 4/25/2052)12 | 4,826 | 4,760 | |
Westpac Banking Corp. 2.894% 2030 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.35% on 2/4/2025)12 | 7,000 | 6,683 | |
Westpac Banking Corp. 2.668% 2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 11/15/2030)12 | 11,150 | 9,152 | |
Westpac Banking Corp. 2.963% 2040 | 5,075 | 3,900 | |
3,270,012 | |||
Consumer discretionary 2.24% | |||
Allied Universal Holdco LLC 6.625% 20268 | 16,985 | 16,435 | |
Allied Universal Holdco LLC 9.75% 20278 | 21,570 | 20,965 | |
Allied Universal Holdco LLC 4.625% 20288 | 14,595 | 12,934 | |
Allied Universal Holdco LLC 6.00% 20298 | 9,565 | 7,927 | |
Amazon.com, Inc. 2.10% 2031 | 5,099 | 4,445 | |
Amazon.com, Inc. 2.70% 2060 | 8,300 | 5,917 | |
Asbury Automotive Group, Inc. 4.625% 20298 | 34,925 | 31,491 | |
Asbury Automotive Group, Inc. 5.00% 20328 | 3,365 | 2,991 | |
Atlas LuxCo 4 SARL 4.625% 20288 | 10,045 | 8,828 | |
Bayerische Motoren Werke AG 0.80% 20248 | 10,210 | 9,755 | |
Boyd Gaming Corp. 8.625% 20258 | 2,857 | 2,982 | |
Boyd Gaming Corp. 4.75% 2027 | 22,590 | 21,377 | |
Boyd Gaming Corp. 4.75% 20318 | 4,745 | 4,298 | |
Boyne USA, Inc. 4.75% 20298 | 22,750 | 21,132 | |
Caesars Entertainment, Inc. 6.25% 20258 | 37,810 | 38,269 | |
Caesars Entertainment, Inc. 4.625% 20298 | 23,185 | 19,907 | |
Caesars Resort Collection, LLC 5.75% 20258 | 5,020 | 5,132 | |
Carnival Corp. 7.625% 20268 | 5,975 | 5,855 |
The Income Fund of America — Page 12 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Carnival Corp. 4.00% 20288 | USD32,200 | $29,028 | |
Carvana Co. 5.625% 20258 | 23,630 | 20,512 | |
Carvana Co. 5.50% 20278 | 34,930 | 28,021 | |
Carvana Co. 5.875% 20288 | 29,065 | 23,158 | |
Carvana Co. 4.875% 20298 | 22,055 | 16,139 | |
CDI Escrow Issuer, Inc. 5.75% 20308 | 26,335 | 25,421 | |
Cedar Fair LP / Canadas Wonderland Co. / Magnum Management Corp. / Millennium Operations, LLC 5.50% 20258 | 29,490 | 29,674 | |
Daimler Trucks Finance North America, LLC 1.125% 20238 | 9,000 | 8,704 | |
Daimler Trucks Finance North America, LLC 1.625% 20248 | 5,525 | 5,252 | |
Daimler Trucks Finance North America, LLC 3.50% 20258 | 16,100 | 15,947 | |
Daimler Trucks Finance North America, LLC 2.00% 20268 | 14,225 | 13,010 | |
Daimler Trucks Finance North America, LLC 3.65% 20278 | 8,387 | 8,185 | |
Daimler Trucks Finance North America, LLC 2.375% 20288 | 7,500 | 6,617 | |
Daimler Trucks Finance North America, LLC 2.50% 20318 | 9,000 | 7,523 | |
DaimlerChrysler North America Holding Corp. 1.75% 20238 | 17,000 | 16,839 | |
DaimlerChrysler North America Holding Corp. 3.65% 20248 | 9,360 | 9,384 | |
DaimlerChrysler North America Holding Corp. 3.30% 20258 | 2,000 | 1,979 | |
Dana, Inc. 5.625% 2028 | 1,305 | 1,247 | |
Fertitta Entertainment, Inc. 4.625% 20298 | 32,420 | 29,471 | |
Fertitta Entertainment, Inc. 6.75% 20308 | 11,710 | 10,148 | |
First Student Bidco, Inc. / First Transit Parent, Inc. 4.00% 20298 | 33,970 | 30,446 | |
Ford Motor Co. 2.30% 2025 | 13,475 | 12,531 | |
Ford Motor Co. 2.90% 2029 | 17,000 | 14,177 | |
Ford Motor Co. 3.25% 2032 | 8,515 | 6,934 | |
Ford Motor Co. 5.291% 2046 | 5,465 | 4,710 | |
Ford Motor Credit Company LLC 3.087% 2023 | 35,000 | 35,074 | |
Ford Motor Credit Company LLC 3.096% 2023 | 15,800 | 15,634 | |
Ford Motor Credit Company LLC 4.14% 2023 | 1,600 | 1,601 | |
Ford Motor Credit Company LLC 4.375% 2023 | 3,800 | 3,807 | |
Ford Motor Credit Company LLC 3.664% 2024 | 8,780 | 8,506 | |
Ford Motor Credit Company LLC 3.81% 2024 | 15,305 | 15,057 | |
Ford Motor Credit Company LLC 4.063% 2024 | 2,600 | 2,546 | |
Ford Motor Credit Company LLC 5.584% 2024 | 3,280 | 3,321 | |
Ford Motor Credit Company LLC 3.375% 2025 | 14,025 | 13,483 | |
Ford Motor Credit Company LLC 5.125% 2025 | 72,275 | 72,177 | |
Ford Motor Credit Company LLC 2.70% 2026 | 34,095 | 30,438 | |
Ford Motor Credit Company LLC 4.542% 2026 | 32,520 | 31,137 | |
Ford Motor Credit Company LLC 3.815% 2027 | 8,215 | 7,486 | |
Ford Motor Credit Company LLC 4.125% 2027 | 90,530 | 84,030 | |
Ford Motor Credit Company LLC 4.271% 2027 | 117,666 | 111,042 | |
Ford Motor Credit Company LLC 4.95% 2027 | 17,170 | 16,742 | |
Ford Motor Credit Company LLC 2.90% 2028 | 19,180 | 16,476 | |
Ford Motor Credit Company LLC 5.113% 2029 | 25,589 | 24,280 | |
Ford Motor Credit Company LLC 4.00% 2030 | 25,134 | 21,778 | |
General Motors Company 4.35% 2025 | 2,150 | 2,161 | |
General Motors Company 6.125% 2025 | 9,825 | 10,386 | |
General Motors Company 4.20% 2027 | 100 | 97 | |
General Motors Company 6.80% 2027 | 1,438 | 1,549 | |
General Motors Company 6.60% 2036 | 9,460 | 10,213 | |
General Motors Company 6.75% 2046 | 15,230 | 16,501 | |
General Motors Financial Co. 3.15% 2022 | 50 | 50 | |
General Motors Financial Co. 3.55% 2022 | 2,900 | 2,911 | |
General Motors Financial Co. 3.70% 2023 | 4,775 | 4,801 |
The Income Fund of America — Page 13 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
General Motors Financial Co. 1.20% 2024 | USD11,390 | $10,703 | |
General Motors Financial Co. 3.50% 2024 | 7,335 | 7,261 | |
General Motors Financial Co. 2.75% 2025 | 9,375 | 8,996 | |
General Motors Financial Co. 2.90% 2025 | 2,500 | 2,417 | |
General Motors Financial Co. 3.80% 2025 | 6,515 | 6,441 | |
General Motors Financial Co. 1.25% 2026 | 6,164 | 5,522 | |
General Motors Financial Co. 1.50% 2026 | 16,392 | 14,613 | |
General Motors Financial Co. 4.00% 2026 | 1,867 | 1,826 | |
General Motors Financial Co. 2.35% 2027 | 16,807 | 15,132 | |
General Motors Financial Co. 2.70% 2027 | 8,920 | 8,056 | |
General Motors Financial Co. 2.40% 2028 | 13,319 | 11,417 | |
General Motors Financial Co. 2.40% 2028 | 9,238 | 8,066 | |
General Motors Financial Co. 4.30% 2029 | 8,000 | 7,643 | |
General Motors Financial Co. 2.35% 2031 | 17,611 | 14,245 | |
General Motors Financial Co. 2.70% 2031 | 7,758 | 6,394 | |
General Motors Financial Co. 3.10% 2032 | 5,424 | 4,578 | |
Grand Canyon University 3.25% 2023 | 2,500 | 2,512 | |
Grand Canyon University 4.375% 2026 | 5,000 | 5,012 | |
Hanesbrands, Inc. 4.625% 20248 | 16,610 | 16,610 | |
Hanesbrands, Inc. 4.875% 20268 | 33,027 | 32,323 | |
Hilton Grand Vacations Borrower 5.00% 20298 | 16,560 | 14,971 | |
Hilton Worldwide Holdings, Inc. 4.875% 2030 | 30,661 | 29,622 | |
Hilton Worldwide Holdings, Inc. 4.00% 20318 | 22,520 | 20,176 | |
Home Depot, Inc. 1.50% 2028 | 25,000 | 21,967 | |
Home Depot, Inc. 3.90% 2028 | 1,150 | 1,150 | |
Home Depot, Inc. 2.95% 2029 | 5,000 | 4,689 | |
Home Depot, Inc. 1.875% 2031 | 7,500 | 6,307 | |
Home Depot, Inc. 5.95% 2041 | 12,500 | 14,733 | |
Home Depot, Inc. 4.50% 2048 | 601 | 605 | |
Hyundai Capital America 2.85% 20228 | 8,235 | 8,248 | |
Hyundai Capital America 3.25% 20228 | 11,817 | 11,842 | |
Hyundai Capital America 1.25% 20238 | 7,561 | 7,338 | |
Hyundai Capital America 2.375% 20238 | 21,815 | 21,711 | |
Hyundai Capital America 5.75% 20238 | 5,000 | 5,109 | |
Hyundai Capital America 0.875% 20248 | 8,000 | 7,519 | |
Hyundai Capital America 1.00% 20248 | 10,550 | 9,829 | |
Hyundai Capital America 1.80% 20258 | 1,871 | 1,727 | |
Hyundai Capital America 2.65% 20258 | 28,554 | 27,448 | |
Hyundai Capital America 5.875% 20258 | 5,000 | 5,218 | |
Hyundai Capital America 1.30% 20268 | 9,000 | 8,095 | |
Hyundai Capital America 1.50% 20268 | 7,575 | 6,800 | |
Hyundai Capital America 1.65% 20268 | 10,625 | 9,476 | |
Hyundai Capital America 2.375% 20278 | 1,169 | 1,043 | |
Hyundai Capital America 3.00% 20278 | 22,765 | 21,447 | |
Hyundai Capital America 1.80% 20288 | 7,931 | 6,846 | |
Hyundai Capital America 2.00% 20288 | 5,009 | 4,323 | |
Hyundai Capital America 2.10% 20288 | 4,875 | 4,192 | |
Hyundai Capital Services, Inc. 2.125% 20258 | 2,600 | 2,464 | |
Hyundai Capital Services, Inc. 1.25% 20268 | 3,490 | 3,147 | |
International Game Technology PLC 6.50% 20258 | 19,330 | 19,693 | |
International Game Technology PLC 5.25% 20298 | 71,325 | 67,745 | |
KIA Corp. 2.375% 20258 | 4,825 | 4,652 | |
Kontoor Brands, Inc. 4.125% 20298 | 5,180 | 4,503 | |
LCM Investments Holdings II, LLC 4.875% 20298 | 12,412 | 10,892 |
The Income Fund of America — Page 14 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Levi Strauss & Co. 3.50% 20318 | USD24,305 | $21,063 | |
Limited Brands, Inc. 6.625% 20308 | 13,250 | 13,204 | |
Limited Brands, Inc. 6.875% 2035 | 18,848 | 18,453 | |
Limited Brands, Inc. 6.75% 2036 | 2,555 | 2,483 | |
Lindblad Expeditions, LLC 6.75% 20278 | 6,185 | 6,077 | |
Lithia Motors, Inc. 3.875% 20298 | 19,355 | 17,503 | |
Lithia Motors, Inc. 4.375% 20318 | 4,550 | 4,182 | |
Macy’s Retail Holdings, LLC 5.875% 20308 | 13,450 | 12,643 | |
Marriott International, Inc. 5.75% 2025 | 527 | 553 | |
Marriott International, Inc. 3.125% 2026 | 660 | 640 | |
Marriott International, Inc. 2.75% 2033 | 3,970 | 3,266 | |
Marriott Ownership Resorts, Inc. 4.50% 20298 | 2,595 | 2,287 | |
Melco International Development, Ltd. 5.75% 20288 | 11,330 | 9,577 | |
Merlin Entertainment 5.75% 20268 | 7,210 | 7,058 | |
MGM Growth Properties LLC 5.625% 2024 | 3,505 | 3,555 | |
MGM Growth Properties LLC 4.625% 20258 | 15,715 | 15,702 | |
MGM Growth Properties LLC 3.875% 20298 | 27,355 | 25,975 | |
MGM Resorts International 6.00% 2023 | 5,355 | 5,422 | |
MGM Resorts International 4.50% 2026 | 3,075 | 3,057 | |
MGM Resorts International 5.50% 2027 | 3,617 | 3,527 | |
Midwest Gaming Borrower, LLC 4.875% 20298 | 13,870 | 12,188 | |
Mohegan Gaming & Entertainment 8.00% 20268 | 33,585 | 29,861 | |
NCL Corp., Ltd. 3.625% 20248 | 1,460 | 1,360 | |
NCL Corp., Ltd. 5.875% 20268 | 7,290 | 6,743 | |
NCL Corp., Ltd. 5.875% 20278 | 9,750 | 9,307 | |
NCL Corp., Ltd. 7.75% 20298 | 9,750 | 9,471 | |
Neiman Marcus Group, LLC 7.125% 20268 | 5,920 | 5,884 | |
Newell Brands, Inc. 5.625% 203612 | 1,215 | 1,163 | |
Newell Rubbermaid, Inc. 4.875% 2025 | 6,570 | 6,663 | |
Newell Rubbermaid, Inc. 4.70% 2026 | 210 | 208 | |
Nissan Motor Acceptance Co. LLC 1.125% 20248 | 7,850 | 7,303 | |
Nissan Motor Acceptance Co. LLC 1.85% 20268 | 17,890 | 15,530 | |
Nissan Motor Acceptance Co. LLC 2.45% 20288 | 11,160 | 9,513 | |
Nissan Motor Co., Ltd. 2.60% 20228 | 6,560 | 6,553 | |
Nissan Motor Co., Ltd. 3.043% 20238 | 400 | 396 | |
Nissan Motor Co., Ltd. 3.522% 20258 | 800 | 774 | |
Nissan Motor Co., Ltd. 2.00% 20268 | 16,020 | 14,307 | |
Nissan Motor Co., Ltd. 4.345% 20278 | 4,070 | 3,884 | |
Nissan Motor Co., Ltd. 2.75% 20288 | 20,125 | 17,523 | |
Nissan Motor Co., Ltd. 4.81% 20308 | 27,800 | 26,112 | |
Panther BF Aggregator 2, LP 6.25% 20268 | 4,725 | 4,778 | |
Panther BF Aggregator 2, LP 8.50% 20278 | 14,630 | 14,639 | |
Party City Holdings, Inc. 8.75% 20268 | 43,239 | 39,795 | |
Penske Automotive Group, Inc. 3.75% 2029 | 7,275 | 6,217 | |
Premier Entertainment Sub LLC 5.625% 20298 | 8,850 | 7,091 | |
Premier Entertainment Sub LLC 5.875% 20318 | 8,850 | 6,981 | |
QVC, Inc. 4.75% 2027 | 1,751 | 1,570 | |
QVC, Inc. 4.375% 2028 | 9,936 | 8,460 | |
Real Hero Merger Sub 2, Inc. 6.25% 20298 | 21,590 | 17,537 | |
Royal Caribbean Cruises, Ltd. 11.50% 20258 | 10,176 | 11,075 | |
Royal Caribbean Cruises, Ltd. 4.25% 20268 | 21,255 | 19,268 | |
Royal Caribbean Cruises, Ltd. 5.375% 20278 | 24,555 | 22,599 | |
Sally Holdings LLC and Sally Capital, Inc. 5.625% 2025 | 14,080 | 14,152 | |
Sally Holdings LLC and Sally Capital, Inc. 8.75% 20258 | 10,611 | 11,142 |
The Income Fund of America — Page 15 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Sands China, Ltd. 3.80% 2026 | USD8,325 | $7,692 | |
Sands China, Ltd. 2.55% 20278,12 | 1,727 | 1,462 | |
Scientific Games Corp. 8.625% 20258 | 13,280 | 13,928 | |
Scientific Games Corp. 7.00% 20288 | 38,209 | 39,157 | |
Scientific Games Corp. 7.25% 20298 | 24,515 | 25,761 | |
Scientific Games Holdings LP 6.625% 20308 | 20,510 | 19,512 | |
Six Flags Entertainment Corp. 4.875% 20248 | 11,570 | 11,539 | |
Six Flags Theme Parks, Inc. 7.00% 20258 | 3,500 | 3,640 | |
Sonic Automotive, Inc. 4.625% 20298 | 33,515 | 28,882 | |
Sonic Automotive, Inc. 4.875% 20318 | 9,940 | 8,498 | |
Starbucks Corp. 3.50% 2050 | 1,400 | 1,120 | |
Stellantis Finance US, Inc. 1.711% 20278 | 7,175 | 6,374 | |
Stellantis Finance US, Inc. 2.691% 20318 | 5,075 | 4,201 | |
Tempur Sealy International, Inc. 4.00% 20298 | 6,705 | 5,820 | |
Tempur Sealy International, Inc. 3.875% 20318 | 6,270 | 5,207 | |
The Gap, Inc. 3.625% 20298 | 2,507 | 2,043 | |
The Gap, Inc. 3.875% 20318 | 1,670 | 1,334 | |
Toyota Motor Credit Corp. 0.45% 2024 | 25,283 | 24,275 | |
Toyota Motor Credit Corp. 0.80% 2026 | 13,440 | 12,191 | |
Toyota Motor Credit Corp. 1.90% 2027 | 12,900 | 11,983 | |
Toyota Motor Credit Corp. 3.05% 2028 | 4,050 | 3,919 | |
Travel + Leisure Co. 4.50% 20298 | 18,020 | 15,981 | |
Truck Hero, Inc., Term Loan B, (3-month USD-LIBOR + 3.25%) 4.014% 202810,11 | 24,937 | 23,332 | |
Vail Resorts, Inc. 6.25% 20258 | 9,270 | 9,491 | |
VICI Properties LP 4.25% 20268 | 3,660 | 3,472 | |
VICI Properties LP 4.625% 20298 | 13,845 | 13,021 | |
VICI Properties LP / VICI Note Co., Inc. 3.50% 20258 | 7,795 | 7,493 | |
VICI Properties LP / VICI Note Co., Inc. 3.75% 20278 | 2,025 | 1,870 | |
VICI Properties LP / VICI Note Co., Inc. 4.125% 20308 | 36,865 | 33,174 | |
Volkswagen Group of America Finance, LLC 2.70% 20228 | 3,150 | 3,150 | |
Volkswagen Group of America Finance, LLC 2.90% 20228 | 1,650 | 1,651 | |
Volkswagen Group of America Finance, LLC 3.125% 20238 | 2,000 | 2,000 | |
Volkswagen Group of America Finance, LLC 4.25% 20238 | 7,365 | 7,457 | |
Volkswagen Group of America Finance, LLC 2.85% 20248 | 4,870 | 4,786 | |
Volkswagen Group of America Finance, LLC 1.25% 20258 | 6,021 | 5,488 | |
Volkswagen Group of America Finance, LLC 3.35% 20258 | 6,326 | 6,235 | |
Volkswagen Group of America Finance, LLC 4.625% 20258 | 2,575 | 2,644 | |
Volkswagen Group of America Finance, LLC 3.20% 20268 | 8,003 | 7,730 | |
Volkswagen Group of America Finance, LLC 4.75% 20288 | 2,000 | 2,044 | |
WASH Multifamily Acquisition, Inc. 5.75% 20268 | 25,710 | 25,036 | |
Wheel Pros, Inc. 6.50% 20298 | 19,938 | 15,179 | |
Wyndham Destinations, Inc. 4.625% 20308 | 5,750 | 5,128 | |
Wyndham Worldwide Corp. 4.375% 20288 | 14,805 | 13,821 | |
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 20238 | 14,498 | 14,228 | |
Wynn Resorts, Ltd. 7.75% 20258 | 9,075 | 9,365 | |
2,782,863 | |||
Energy 2.05% | |||
Antero Midstream Partners LP 5.375% 20298 | 13,600 | 12,772 | |
Antero Resources Corp. 7.625% 20298 | 8,786 | 9,318 | |
Antero Resources Corp. 5.375% 20308 | 4,660 | 4,560 | |
Apache Corp. 4.25% 2030 | 4,870 | 4,531 | |
Apache Corp. 6.00% 2037 | 3,565 | 3,689 | |
Apache Corp. 4.75% 2043 | 2,565 | 2,223 |
The Income Fund of America — Page 16 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Apache Corp. 5.35% 2049 | USD28,900 | $25,416 | |
Ascent Resources - Utica LLC 7.00% 20268 | 29,865 | 30,140 | |
Ascent Resources - Utica LLC 9.00% 20278 | 959 | 1,335 | |
Ascent Resources - Utica LLC 8.25% 20288 | 6,340 | 6,602 | |
Ascent Resources - Utica LLC 5.875% 20298 | 5,830 | 5,651 | |
Ascent Resources - Utica LLC, Term Loan, (3-month USD-LIBOR + 9.00%) 10.00% 20258,10,11 | 6,827 | 7,322 | |
Baker Hughes Co. 4.486% 2030 | 1,650 | 1,669 | |
Blue Racer Midstream LLC and Blue Racer Finance Corp. 7.625% 20258 | 10,281 | 10,602 | |
Bonanza Creek Energy, Inc. 5.00% 20268 | 23,315 | 22,180 | |
BP Capital Markets America, Inc. 2.772% 2050 | 3,032 | 2,193 | |
California Resources Corp. 7.125% 20268 | 26,405 | 26,909 | |
Canadian Natural Resources, Ltd. 2.05% 2025 | 3,150 | 2,970 | |
Canadian Natural Resources, Ltd. 3.85% 2027 | 2,760 | 2,703 | |
Canadian Natural Resources, Ltd. 4.95% 2047 | 534 | 534 | |
Cenovus Energy, Inc. 5.375% 2025 | 4,421 | 4,590 | |
Cenovus Energy, Inc. 4.25% 2027 | 24,616 | 24,664 | |
Cenovus Energy, Inc. 5.25% 2037 | 3,170 | 3,174 | |
Cenovus Energy, Inc. 5.40% 2047 | 6,668 | 6,778 | |
Centennial Resource Production, LLC 6.875% 20278 | 2,490 | 2,488 | |
Cheniere Energy Partners LP 4.50% 2029 | 59,391 | 56,948 | |
Cheniere Energy Partners LP 4.00% 2031 | 32,845 | 29,779 | |
Cheniere Energy Partners LP 3.25% 20328 | 12,268 | 10,508 | |
Cheniere Energy, Inc. 5.125% 2027 | 20,450 | 21,033 | |
Cheniere Energy, Inc. 4.625% 2028 | 58,755 | 56,920 | |
Chesapeake Energy Corp. 4.875% 202213 | 28,085 | 597 | |
Chesapeake Energy Corp. 5.50% 20268 | 19,835 | 19,690 | |
Chesapeake Energy Corp. 5.875% 20298 | 28,785 | 28,497 | |
Chesapeake Energy Corp. 6.75% 20298 | 10,180 | 10,261 | |
CNX Midstream Partners LP 4.75% 20308 | 7,420 | 6,836 | |
CNX Resources Corp. 7.25% 20278 | 26,180 | 26,795 | |
CNX Resources Corp. 6.00% 20298 | 29,260 | 28,917 | |
Comstock Resources, Inc. 6.75% 20298 | 17,870 | 18,090 | |
Comstock Resources, Inc. 5.875% 20308 | 14,890 | 14,349 | |
Continental Resources, Inc. 5.75% 20318 | 11,330 | 11,599 | |
Convey Park Energy LLC 7.50% 20258 | 396 | 406 | |
CQP Holdco LP / BIP-V Chinook Holdco LLC 5.50% 20318 | 36,675 | 33,875 | |
Devon Energy Corp. 4.50% 2030 | 11,418 | 11,178 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 20278,9,11 | 2,085 | 2,085 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 20279,11 | 1,889 | 1,889 | |
Diamondback Energy, Inc. 4.40% 2051 | 12,484 | 11,232 | |
Diamondback Energy, Inc. 4.25% 2052 | 5,782 | 5,071 | |
DT Midstream, Inc. 4.125% 20298 | 8,935 | 8,143 | |
DT Midstream, Inc. 4.375% 20318 | 8,915 | 8,000 | |
El Paso Pipeline Partners Operating Co., LLC 4.70% 2042 | 33,265 | 29,858 | |
Enbridge Energy Partners LP 5.875% 2025 | 1,145 | 1,216 | |
Enbridge Energy Partners LP 5.50% 2040 | 800 | 840 | |
Enbridge Energy Partners LP 7.375% 2045 | 9,108 | 11,428 | |
Enbridge, Inc. 4.00% 2023 | 2,630 | 2,656 | |
Enbridge, Inc. 2.50% 2025 | 1,600 | 1,554 | |
Endeavor Energy Resources LP 6.625% 20258 | 9,125 | 9,388 | |
Energy Transfer Operating LP 5.875% 2024 | 629 | 648 | |
Energy Transfer Operating LP 2.90% 2025 | 9,203 | 8,894 | |
Energy Transfer Operating LP 3.75% 2030 | 16,115 | 14,882 | |
Energy Transfer Operating LP 5.00% 2050 | 23,598 | 21,048 |
The Income Fund of America — Page 17 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Energy Transfer Partners LP 4.50% 2024 | USD2,170 | $2,190 | |
Energy Transfer Partners LP 4.75% 2026 | 8,000 | 8,104 | |
Energy Transfer Partners LP 4.20% 2027 | 7,263 | 7,167 | |
Energy Transfer Partners LP 4.95% 2028 | 9,400 | 9,501 | |
Energy Transfer Partners LP 6.125% 2045 | 7,449 | 7,352 | |
Energy Transfer Partners LP 5.30% 2047 | 5,722 | 5,191 | |
Energy Transfer Partners LP 6.00% 2048 | 8,153 | 8,000 | |
Energy Transfer Partners LP 6.25% 2049 | 5,891 | 5,962 | |
Enterprise Products Operating LLC 3.20% 2052 | 400 | 294 | |
EQM Midstream Partners LP 4.125% 2026 | 3,036 | 2,823 | |
EQM Midstream Partners LP 6.50% 20278 | 38,110 | 38,536 | |
EQM Midstream Partners LP 5.50% 2028 | 19,665 | 18,818 | |
EQM Midstream Partners LP 4.50% 20298 | 22,045 | 19,881 | |
EQM Midstream Partners LP 4.75% 20318 | 18,310 | 16,356 | |
EQT Corp. 6.625% 202512 | 25,244 | 26,306 | |
EQT Corp. 3.90% 2027 | 6,775 | 6,495 | |
EQT Corp. 5.00% 2029 | 6,485 | 6,473 | |
EQT Corp. 7.50% 203012 | 7,100 | 7,875 | |
EQT Corp. 3.625% 20318 | 2,115 | 1,917 | |
Equinor ASA 3.00% 2027 | 7,000 | 6,794 | |
Equinor ASA 3.625% 2028 | 5,265 | 5,207 | |
Equinor ASA 3.25% 2049 | 7,583 | 6,312 | |
Exxon Mobil Corp. 2.44% 2029 | 4,315 | 3,951 | |
Exxon Mobil Corp. 2.61% 2030 | 1,700 | 1,552 | |
Exxon Mobil Corp. 3.452% 2051 | 5,000 | 4,302 | |
Genesis Energy, LP 5.625% 2024 | 3,235 | 3,176 | |
Genesis Energy, LP 6.50% 2025 | 23,729 | 22,574 | |
Genesis Energy, LP 6.25% 2026 | 4,000 | 3,736 | |
Genesis Energy, LP 8.00% 2027 | 41,375 | 40,634 | |
Genesis Energy, LP 7.75% 2028 | 12,675 | 12,217 | |
Harvest Midstream I, LP 7.50% 20288 | 17,985 | 18,281 | |
Hess Midstream Operations LP 4.25% 20308 | 5,020 | 4,611 | |
Hess Midstream Operations LP 5.50% 20308 | 6,070 | 5,989 | |
Hess Midstream Partners LP 5.125% 20288 | 14,435 | 13,987 | |
Hilcorp Energy I, LP 6.25% 20288 | 4,000 | 3,990 | |
Hilcorp Energy I, LP 5.75% 20298 | 2,960 | 2,905 | |
Hilcorp Energy I, LP 6.00% 20308 | 8,150 | 8,099 | |
Hilcorp Energy I, LP 6.00% 20318 | 19,400 | 18,794 | |
Holly Energy Partners LP / Holly Energy Finance Corp. 6.375% 20278 | 4,295 | 4,386 | |
Kinder Morgan Energy Partners LP 5.00% 2043 | 20,000 | 18,627 | |
MPLX LP 1.75% 2026 | 6,500 | 5,941 | |
MPLX LP 2.65% 2030 | 11,897 | 10,238 | |
MPLX LP 4.70% 2048 | 5,147 | 4,547 | |
MPLX LP 5.50% 2049 | 12,619 | 12,357 | |
Nabors Industries, Inc. 7.375% 20278 | 6,535 | 6,675 | |
New Fortress Energy, Inc. 6.75% 20258 | 18,450 | 18,162 | |
New Fortress Energy, Inc. 6.50% 20268 | 44,075 | 42,705 | |
NGL Energy Operating LLC 7.50% 20268 | 131,184 | 123,804 | |
NGL Energy Partners LP 7.50% 2023 | 8,821 | 8,194 | |
NGL Energy Partners LP 6.125% 2025 | 26,098 | 21,932 | |
Northern Oil and Gas, Inc. 8.125% 20288 | 27,950 | 27,845 | |
NuStar Logistics LP 6.00% 2026 | 9,165 | 9,153 | |
NuStar Logistics, LP 5.625% 2027 | 2,270 | 2,181 | |
Oasis Midstream Partners LP / OMP Finance Corp. 8.00% 20298 | 39,155 | 40,883 |
The Income Fund of America — Page 18 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Oasis Petroleum, Inc. 6.375% 20268 | USD16,763 | $16,864 | |
Occidental Petroleum Corp. 2.90% 2024 | 13,065 | 12,788 | |
Occidental Petroleum Corp. 5.875% 2025 | 26,705 | 27,460 | |
Occidental Petroleum Corp. 8.00% 2025 | 22,190 | 23,939 | |
Occidental Petroleum Corp. 8.50% 2027 | 13,000 | 14,673 | |
Occidental Petroleum Corp. 6.375% 2028 | 10,370 | 10,899 | |
Occidental Petroleum Corp. 3.50% 2029 | 4,755 | 4,445 | |
Occidental Petroleum Corp. 6.625% 2030 | 11,445 | 12,420 | |
Occidental Petroleum Corp. 8.875% 2030 | 43,590 | 52,417 | |
Occidental Petroleum Corp. 6.125% 2031 | 8,850 | 9,314 | |
Occidental Petroleum Corp. 6.45% 2036 | 1,095 | 1,190 | |
Occidental Petroleum Corp. 6.60% 2046 | 2,000 | 2,183 | |
ONEOK, Inc. 2.20% 2025 | 413 | 388 | |
ONEOK, Inc. 5.85% 2026 | 14,093 | 14,857 | |
ONEOK, Inc. 3.10% 2030 | 1,154 | 1,029 | |
ONEOK, Inc. 6.35% 2031 | 2,500 | 2,734 | |
ONEOK, Inc. 5.20% 2048 | 5,652 | 5,385 | |
ONEOK, Inc. 4.45% 2049 | 960 | 825 | |
ONEOK, Inc. 4.50% 2050 | 2,530 | 2,188 | |
ONEOK, Inc. 7.15% 2051 | 3,048 | 3,486 | |
Parkland Corp. 4.625% 20308 | 5,545 | 4,862 | |
Petróleos Mexicanos 3.50% 2023 | 14,822 | 14,731 | |
Petróleos Mexicanos 4.625% 2023 | 4,243 | 4,233 | |
Petróleos Mexicanos 6.875% 2025 | 18,955 | 19,177 | |
Petróleos Mexicanos 6.875% 2026 | 77,241 | 76,869 | |
Petróleos Mexicanos 6.50% 2027 | 72,935 | 69,809 | |
Petróleos Mexicanos 6.50% 2029 | 865 | 797 | |
Petróleos Mexicanos 5.95% 2031 | 6,039 | 5,091 | |
Petróleos Mexicanos 6.70% 2032 | 40,565 | 35,033 | |
Pioneer Natural Resources Company 2.15% 2031 | 5,684 | 4,799 | |
Plains All American Pipeline LP 3.80% 2030 | 1,361 | 1,263 | |
Qatar Petroleum 2.25% 20318 | 17,000 | 14,865 | |
Range Resources Corp. 4.875% 2025 | 4,975 | 4,932 | |
Range Resources Corp. 8.25% 2029 | 24,980 | 26,809 | |
Range Resources Corp. 4.75% 20308 | 22,135 | 21,145 | |
Rattler Midstream Partners LP 5.625% 20258 | 3,235 | 3,243 | |
Rockcliff Energy II LLC 5.50% 20298 | 13,735 | 13,342 | |
Rockies Express Pipeline LLC 4.95% 20298 | 11,768 | 11,031 | |
SA Global Sukuk, Ltd. 1.602% 20268 | 31,535 | 29,094 | |
SA Global Sukuk, Ltd. 2.694% 20318 | 7,585 | 6,839 | |
Sabine Pass Liquefaction, LLC 5.75% 2024 | 6,600 | 6,834 | |
Sabine Pass Liquefaction, LLC 5.625% 2025 | 4,245 | 4,399 | |
Sabine Pass Liquefaction, LLC 5.875% 2026 | 1,400 | 1,472 | |
Sanchez Energy Corp. 7.25% 20238,13 | 5,374 | 81 | |
Saudi Arabian Oil Co. 2.875% 20248 | 791 | 782 | |
Saudi Arabian Oil Co. 1.625% 20258 | 589 | 549 | |
Saudi Arabian Oil Co. 3.50% 20298 | 3,207 | 3,114 | |
Saudi Arabian Oil Co. 2.25% 20308 | 1,326 | 1,158 | |
SM Energy Co. 6.50% 2028 | 2,975 | 2,937 | |
Southwestern Energy Co. 5.95% 202512 | 13,213 | 13,420 | |
Southwestern Energy Co. 7.75% 2027 | 7,950 | 8,312 | |
Southwestern Energy Co. 8.375% 2028 | 7,755 | 8,393 | |
Southwestern Energy Co. 5.375% 2029 | 8,980 | 8,883 | |
Southwestern Energy Co. 5.375% 2030 | 39,660 | 39,211 |
The Income Fund of America — Page 19 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Southwestern Energy Co. 4.75% 2032 | USD10,135 | $9,601 | |
Statoil ASA 3.25% 2024 | 850 | 849 | |
Statoil ASA 4.25% 2041 | 3,000 | 2,946 | |
Suburban Propane Partners LP / Suburban Energy Finance Corp. 5.00% 20318 | 6,125 | 5,579 | |
Suncor Energy, Inc. 3.10% 2025 | 6,146 | 6,036 | |
Sunoco Logistics Operating Partners LP 4.00% 2027 | 5,586 | 5,413 | |
Sunoco Logistics Operating Partners LP 5.40% 2047 | 12,858 | 11,843 | |
Sunoco LP 6.00% 2027 | 12,160 | 12,266 | |
Sunoco LP 5.875% 2028 | 12,700 | 12,524 | |
Sunoco LP 4.50% 2029 | 10,505 | 9,460 | |
Sunoco LP 4.50% 20308 | 6,950 | 6,281 | |
Superior Plus LP and Superior General Partner, Inc. 4.50% 20298 | 3,825 | 3,500 | |
Tallgrass Energy Partners, LP 7.50% 20258 | 2,400 | 2,454 | |
Targa Resources Partners LP 6.50% 2027 | 4,740 | 4,889 | |
Targa Resources Partners LP 6.875% 2029 | 9,385 | 9,909 | |
Targa Resources Partners LP 5.50% 2030 | 22,550 | 22,385 | |
Targa Resources Partners LP 4.875% 2031 | 7,835 | 7,543 | |
Teekay Offshore Partners LP 8.50% 20231,4,8 | 17,805 | 16,203 | |
Total Capital International 3.127% 2050 | 8,100 | 6,428 | |
Total SE 2.986% 2041 | 7,401 | 6,096 | |
TransCanada PipeLines, Ltd. 4.10% 2030 | 5,254 | 5,146 | |
Transocean Guardian, Ltd. 5.875% 20248 | 5,518 | 5,290 | |
Transocean Poseidon, Ltd. 6.875% 20278 | 7,720 | 7,439 | |
Valero Energy Corp. 4.00% 2029 | 6,000 | 5,838 | |
Venture Global Calcasieu Pass, LLC 4.125% 20318 | 36,865 | 33,511 | |
Weatherford International, Ltd. 11.00% 20248 | 7,773 | 8,017 | |
Weatherford International, Ltd. 6.50% 20288 | 21,420 | 21,656 | |
Weatherford International, Ltd. 8.625% 20308 | 46,150 | 45,748 | |
Western Gas Partners LP 4.65% 2026 | 5,000 | 4,937 | |
Western Gas Partners LP 4.50% 2028 | 30,415 | 29,048 | |
Western Gas Partners LP 5.45% 2044 | 1,210 | 1,106 | |
Western Midstream Operating, LP 3.60% 2025 (3.35% on 8/1/2022)12 | 9,602 | 9,195 | |
Western Midstream Operating, LP 4.75% 2028 | 3,540 | 3,452 | |
Western Midstream Operating, LP 4.55% 2030 (4.30% on 8/1/2022)12 | 13,900 | 12,789 | |
Williams Companies, Inc. 3.50% 2030 | 2,081 | 1,937 | |
2,538,412 | |||
Health care 1.69% | |||
AbbVie, Inc. 2.95% 2026 | 2,890 | 2,770 | |
AbbVie, Inc. 4.55% 2035 | 6,750 | 6,716 | |
AbbVie, Inc. 4.30% 2036 | 1,003 | 971 | |
AbbVie, Inc. 4.75% 2045 | 1,203 | 1,173 | |
AdaptHealth, LLC 5.125% 20308 | 14,345 | 12,354 | |
AmerisourceBergen Corp. 0.737% 2023 | 9,914 | 9,760 | |
Amgen, Inc. 4.20% 2052 | 2,065 | 1,863 | |
Amgen, Inc. 4.40% 2062 | 3,999 | 3,596 | |
Anthem, Inc. 2.375% 2025 | 2,046 | 1,983 | |
AstraZeneca Finance LLC 1.20% 2026 | 10,098 | 9,186 | |
AstraZeneca Finance LLC 1.75% 2028 | 5,612 | 5,008 | |
AstraZeneca Finance LLC 2.25% 2031 | 350 | 307 | |
AstraZeneca PLC 3.375% 2025 | 4,500 | 4,484 | |
AstraZeneca PLC 3.00% 2051 | 1,146 | 943 | |
Auris Luxembourg III SARL, Term Loan, (3-month USD-LIBOR + 3.75%) 5.576% 202610,11 | 20,832 | 20,416 | |
Avantor Funding, Inc. 4.625% 20288 | 27,540 | 26,238 |
The Income Fund of America — Page 20 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
Avantor Funding, Inc. 3.875% 20298 | USD12,935 | $11,624 | |
Bausch Health Companies, Inc. 9.25% 20268 | 8,225 | 8,174 | |
Bausch Health Companies, Inc. 6.125% 20278 | 11,350 | 10,918 | |
Bausch Health Companies, Inc. 4.875% 20288 | 28,050 | 24,921 | |
Bausch Health Companies, Inc. 5.00% 20288 | 20,859 | 15,420 | |
Bausch Health Companies, Inc. 7.00% 20288 | 9,470 | 7,828 | |
Bausch Health Companies, Inc. 5.00% 20298 | 8,000 | 5,639 | |
Bausch Health Companies, Inc. 5.25% 20318 | 29,185 | 20,321 | |
Baxter International, Inc. 1.322% 20248 | 21,489 | 20,293 | |
Baxter International, Inc. 1.915% 20278 | 21,489 | 19,565 | |
Baxter International, Inc. 2.272% 20288 | 11,534 | 10,282 | |
Bayer US Finance II LLC 3.875% 20238 | 3,850 | 3,882 | |
Bayer US Finance II LLC 4.25% 20258 | 20,143 | 20,233 | |
Bayer US Finance II LLC 4.40% 20448 | 13,090 | 11,639 | |
Boston Scientific Corp. 1.90% 2025 | 9,109 | 8,637 | |
Catalent Pharma Solutions, Inc. 5.00% 20278 | 6,407 | 6,215 | |
Catalent Pharma Solutions, Inc. 3.125% 20298 | 17,495 | 15,204 | |
Catalent Pharma Solutions, Inc. 3.50% 20308 | 4,915 | 4,282 | |
Centene Corp. 4.25% 2027 | 50,425 | 48,971 | |
Centene Corp. 2.45% 2028 | 47,440 | 41,449 | |
Centene Corp. 4.625% 2029 | 91,900 | 89,143 | |
Centene Corp. 3.00% 2030 | 28,035 | 24,433 | |
Centene Corp. 3.375% 2030 | 44,100 | 39,463 | |
Centene Corp. 2.50% 2031 | 12,110 | 10,085 | |
Centene Corp. 2.625% 2031 | 2,630 | 2,189 | |
Charles River Laboratories International, Inc. 4.25% 20288 | 27,840 | 26,615 | |
Charles River Laboratories International, Inc. 3.75% 20298 | 2,500 | 2,266 | |
Cigna Corp. 4.80% 2038 | 1,609 | 1,608 | |
Community Health Systems, Inc. 5.625% 20278 | 17,840 | 17,026 | |
Community Health Systems, Inc. 6.00% 20298 | 8,870 | 8,394 | |
Community Health Systems, Inc. 5.25% 20308 | 25,450 | 22,353 | |
CVS Health Corp. 1.30% 2027 | 13,998 | 12,267 | |
DaVita, Inc. 4.625% 20308 | 21,145 | 18,434 | |
Eli Lilly and Company 3.375% 2029 | 1,353 | 1,315 | |
Encompass Health Corp. 4.50% 2028 | 13,743 | 12,729 | |
Encompass Health Corp. 4.75% 2030 | 4,560 | 4,127 | |
GlaxoSmithKline PLC 3.625% 2025 | 5,915 | 5,967 | |
Grifols Escrow Issuer SA 4.75% 20288 | 14,480 | 13,231 | |
HCA, Inc. 5.375% 2025 | 3,560 | 3,667 | |
HCA, Inc. 5.375% 2026 | 6,680 | 6,845 | |
HCA, Inc. 5.875% 2026 | 13,870 | 14,376 | |
HCA, Inc. 3.125% 20278 | 2,320 | 2,185 | |
HCA, Inc. 5.625% 2028 | 15,915 | 16,470 | |
HCA, Inc. 3.375% 20298 | 9,657 | 8,892 | |
HCA, Inc. 3.50% 2030 | 20,534 | 18,424 | |
HCA, Inc. 3.625% 20328 | 13,000 | 11,661 | |
HCA, Inc. 4.375% 20428 | 5,000 | 4,353 | |
HCA, Inc. 4.625% 20528 | 4,747 | 4,151 | |
HealthEquity, Inc. 4.50% 20298 | 20,305 | 18,579 | |
Iqvia, Inc. 5.00% 20278 | 2,170 | 2,153 | |
Jazz Securities DAC 4.375% 20298 | 14,125 | 13,031 | |
Mallinckrodt PLC 10.00% 20258 | 12,820 | 13,446 | |
Merck & Co., Inc. 1.90% 2028 | 10,442 | 9,422 | |
Merck & Co., Inc. 2.75% 2051 | 5,514 | 4,218 |
The Income Fund of America — Page 21 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
Molina Healthcare, Inc. 4.375% 20288 | USD25,980 | $24,319 | |
Molina Healthcare, Inc. 3.875% 20308 | 12,815 | 11,578 | |
Molina Healthcare, Inc. 3.875% 20328 | 32,460 | 28,548 | |
Mozart Debt Merger Sub, Inc. 5.25% 20298 | 19,695 | 17,167 | |
Novant Health, Inc. 3.168% 2051 | 6,000 | 4,841 | |
Novartis Capital Corp. 2.00% 2027 | 3,090 | 2,906 | |
Option Care Health, Inc. 4.375% 20298 | 16,705 | 15,036 | |
Organon Finance 1 LLC 4.125% 20288 | 28,670 | 26,703 | |
Organon Finance 1 LLC 5.125% 20318 | 10,730 | 9,712 | |
Owens & Minor, Inc. 4.375% 2024 | 32,762 | 32,675 | |
Owens & Minor, Inc. 4.50% 20298 | 35,390 | 31,883 | |
Par Pharmaceutical, Inc. 7.50% 20278 | 48,748 | 44,534 | |
Pfizer, Inc. 3.45% 2029 | 9,000 | 8,796 | |
Radiology Partners, Inc. 9.25% 20288 | 35,255 | 33,542 | |
Rede D’Or Finance SARL 4.95% 2028 | 1,820 | 1,711 | |
Rede D’Or Finance SARL 4.50% 2030 | 8,840 | 7,737 | |
RP Escrow Issuer, LLC 5.25% 20258 | 6,450 | 6,007 | |
Select Medical Holdings Corp. 6.25% 20268 | 18,853 | 18,742 | |
Shire PLC 2.875% 2023 | 1,759 | 1,755 | |
Summa Health 3.511% 2051 | 2,650 | 2,284 | |
Surgery Center Holdings 10.00% 20278 | 13,500 | 14,126 | |
Syneos Health, Inc. 3.625% 20298 | 12,340 | 10,934 | |
Tenet Healthcare Corp. 4.625% 2024 | 5,642 | 5,634 | |
Tenet Healthcare Corp. 4.875% 20268 | 106,640 | 104,534 | |
Tenet Healthcare Corp. 5.125% 20278 | 13,695 | 13,314 | |
Tenet Healthcare Corp. 4.25% 20298 | 35,940 | 32,521 | |
Tenet Healthcare Corp. 4.375% 20308 | 10,985 | 10,008 | |
Teva Pharmaceutical Finance Co. BV 6.00% 2024 | 76,069 | 76,165 | |
Teva Pharmaceutical Finance Co. BV 7.125% 2025 | 30,880 | 31,327 | |
Teva Pharmaceutical Finance Co. BV 3.15% 2026 | 94,840 | 81,474 | |
Teva Pharmaceutical Finance Co. BV 4.75% 2027 | 52,850 | 48,424 | |
Teva Pharmaceutical Finance Co. BV 6.75% 2028 | 198,365 | 201,750 | |
Teva Pharmaceutical Finance Co. BV 5.125% 2029 | 100,595 | 91,470 | |
Teva Pharmaceutical Finance Co. BV 4.10% 2046 | 81,890 | 58,620 | |
Teva Pharmaceutical Finance Co., LLC 6.15% 2036 | 2,435 | 2,306 | |
Thermo Fisher Scientific, Inc. 2.00% 2031 | 1,280 | 1,077 | |
UnitedHealth Group, Inc. 1.15% 2026 | 5,633 | 5,139 | |
UnitedHealth Group, Inc. 2.00% 2030 | 2,102 | 1,825 | |
UnitedHealth Group, Inc. 2.30% 2031 | 2,832 | 2,478 | |
UnitedHealth Group, Inc. 3.05% 2041 | 8,325 | 6,955 | |
UnitedHealth Group, Inc. 3.25% 2051 | 5,379 | 4,454 | |
Valeant Pharmaceuticals International, Inc. 5.50% 20258 | 13,550 | 13,135 | |
Valeant Pharmaceuticals International, Inc. 6.125% 20258 | 39,292 | 39,432 | |
Valeant Pharmaceuticals International, Inc. 9.00% 20258 | 16,475 | 16,557 | |
Valeant Pharmaceuticals International, Inc. 8.50% 20278 | 5,175 | 4,906 | |
2,095,824 | |||
Communication services 1.60% | |||
Alphabet, Inc. 2.25% 2060 | 3,900 | 2,602 | |
Altice France Holding SA 10.50% 20278 | 11,630 | 11,804 | |
Altice France SA 5.125% 20298 | 71,512 | 60,657 | |
AT&T, Inc. 1.65% 2028 | 7,175 | 6,263 | |
AT&T, Inc. 3.30% 2052 | 775 | 588 | |
AT&T, Inc. 3.50% 2053 | 10,000 | 7,845 |
The Income Fund of America — Page 22 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
AT&T, Inc. 3.55% 2055 | USD1,400 | $1,086 | |
British Telecommunications PLC 9.625% 203012 | 4,011 | 5,135 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.125% 20278 | 13,485 | 13,161 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.00% 20288 | 13,250 | 12,636 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 20308 | 41,075 | 35,906 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20308 | 28,837 | 25,820 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20318 | 33,550 | 28,340 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 4.50% 2032 | 19,415 | 16,369 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20328 | 22,075 | 19,011 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 20338 | 37,190 | 30,496 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 3.90% 2052 | 5,000 | 3,615 | |
Centerfield Media Parent, Inc. 6.625% 20268 | 11,255 | 10,415 | |
CenturyLink, Inc. 4.00% 20278 | 45,226 | 40,292 | |
CenturyLink, Inc. 7.65% 2042 | 270 | 242 | |
Cinemark USA, Inc. 5.875% 20268 | 5,580 | 5,210 | |
Cogent Communications Group, Inc. 3.50% 20268 | 10,700 | 10,115 | |
Comcast Corp. 2.887% 20518 | 11,570 | 8,556 | |
CSC Holdings, LLC 3.375% 20318 | 18,725 | 14,661 | |
Diamond Sports Group, LLC 6.625% 20278 | 27,190 | 5,710 | |
DIRECTV Financing, LLC, Term Loan, (3-month USD-LIBOR + 5.00%) 5.764% 202710,11 | 13,771 | 13,735 | |
DIRECTV Holdings, LLC and DIRECTV Financing Co., Inc. 5.875% 20278 | 46,420 | 43,780 | |
DISH DBS Corp. 5.125% 2029 | 17,595 | 13,764 | |
Embarq Corp. 7.995% 2036 | 15,460 | 13,944 | |
Epicor Software Corp., Term Loan, (3-month USD-LIBOR + 7.75%) 8.75% 202810,11 | 1,950 | 1,991 | |
Fox Corp. 4.03% 2024 | 1,120 | 1,131 | |
Front Range BidCo, Inc. 6.125% 20288 | 23,307 | 19,550 | |
Frontier Communications Corp. 5.875% 20278 | 32,940 | 31,596 | |
Frontier Communications Corp. 5.00% 20288 | 47,295 | 43,242 | |
Frontier Communications Corp. 6.75% 20298 | 42,778 | 38,600 | |
Frontier Communications Holdings, LLC 5.875% 2029 | 10,420 | 9,059 | |
Frontier Communications Holdings, LLC 6.00% 20308 | 9,875 | 8,604 | |
Gray Escrow II, Inc. 5.375% 20318 | 7,865 | 6,789 | |
Gray Television, Inc. 7.00% 20278 | 17,880 | 18,506 | |
iHeartCommunications, Inc. 5.25% 20278 | 19,450 | 18,212 | |
Inmarsat PLC 6.75% 20268 | 16,600 | 16,163 | |
Intelsat Jackson Holding Co. 6.50% 20308 | 18,065 | 17,053 | |
Kantar Group LLC, Term Loan B2, (3-month USD-LIBOR + 4.50%) 5.506% 202610,11 | 6,348 | 6,316 | |
Lamar Media Corp. 3.75% 2028 | 5,094 | 4,669 | |
Lamar Media Corp. 4.875% 2029 | 21,525 | 20,558 | |
Lamar Media Corp. 3.625% 2031 | 8,515 | 7,421 | |
Level 3 Financing, Inc. 3.75% 20298 | 10,000 | 8,142 | |
Liberty Global PLC 5.50% 20288 | 7,975 | 7,555 | |
Ligado Networks LLC 15.50% PIK 20238,9 | 24,968 | 19,038 | |
Live Nation Entertainment, Inc. 3.75% 20288 | 5,950 | 5,400 | |
Magallanes, Inc. 3.428% 20248 | 20,413 | 20,293 | |
Magallanes, Inc. 3.638% 20258 | 17,133 | 16,870 | |
Magallanes, Inc. 3.755% 20278 | 20,795 | 20,137 | |
Magallanes, Inc. 4.054% 20298 | 5,500 | 5,262 | |
Magallanes, Inc. 4.279% 20328 | 21,453 | 19,940 | |
Magallanes, Inc. 5.05% 20428 | 18,473 | 16,862 | |
Magallanes, Inc. 5.141% 20528 | 14,538 | 12,988 | |
Magallanes, Inc. 5.391% 20628 | 5,911 | 5,257 | |
Midas OpCo Holdings LLC 5.625% 20298 | 16,750 | 14,805 | |
Netflix, Inc. 3.625% 20258 | 290 | 284 |
The Income Fund of America — Page 23 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
Netflix, Inc. 4.875% 2028 | USD16,905 | $16,574 | |
Netflix, Inc. 5.875% 2028 | 26,692 | 27,559 | |
Netflix, Inc. 5.375% 20298 | 26,189 | 26,251 | |
Netflix, Inc. 6.375% 2029 | 12,600 | 13,373 | |
Netflix, Inc. 4.875% 20308 | 17,802 | 17,383 | |
News Corp. 3.875% 20298 | 17,450 | 15,801 | |
News Corp. 5.125% 20328 | 18,130 | 17,342 | |
Nexstar Broadcasting, Inc. 4.75% 20288 | 42,275 | 38,421 | |
Nexstar Escrow Corp. 5.625% 20278 | 16,305 | 15,884 | |
SBA Tower Trust 1.631% 20268 | 23,592 | 21,777 | |
Scripps Escrow II, Inc. 3.875% 20298 | 7,300 | 6,498 | |
Sinclair Television Group, Inc. 4.125% 20308 | 11,150 | 9,262 | |
Sirius XM Radio, Inc. 5.00% 20278 | 4,791 | 4,629 | |
Sirius XM Radio, Inc. 4.00% 20288 | 53,375 | 48,311 | |
Sirius XM Radio, Inc. 4.125% 20308 | 19,300 | 16,972 | |
Sirius XM Radio, Inc. 3.875% 20318 | 26,440 | 22,368 | |
Sprint Corp. 7.125% 2024 | 10,000 | 10,538 | |
Sprint Corp. 7.625% 2025 | 36,000 | 38,335 | |
Sprint Corp. 7.625% 2026 | 46,595 | 50,657 | |
Sprint Corp. 6.875% 2028 | 78,592 | 86,382 | |
Sprint Corp. 8.75% 2032 | 23,285 | 29,630 | |
Summer (BC) BidCo B LLC 5.50% 20268 | 10,930 | 10,511 | |
Take-Two Interactive Software, Inc. 3.30% 2024 | 7,634 | 7,594 | |
Take-Two Interactive Software, Inc. 3.70% 2027 | 5,090 | 4,989 | |
Take-Two Interactive Software, Inc. 4.00% 2032 | 4,502 | 4,290 | |
TEGNA, Inc. 4.75% 20268 | 12,425 | 12,331 | |
TEGNA, Inc. 5.00% 2029 | 9,875 | 9,592 | |
T-Mobile US, Inc. 2.25% 20268 | 8,000 | 7,369 | |
T-Mobile US, Inc. 2.625% 2026 | 6,250 | 5,803 | |
T-Mobile US, Inc. 2.05% 2028 | 11,475 | 10,128 | |
T-Mobile US, Inc. 2.40% 20298 | 2,929 | 2,569 | |
T-Mobile US, Inc. 3.375% 20298 | 30,975 | 28,057 | |
T-Mobile US, Inc. 2.55% 2031 | 1,790 | 1,522 | |
T-Mobile US, Inc. 2.875% 2031 | 20,450 | 17,390 | |
T-Mobile US, Inc. 3.50% 2031 | 29,500 | 26,187 | |
T-Mobile US, Inc. 2.70% 20328 | 6,775 | 5,754 | |
T-Mobile US, Inc. 3.40% 20528 | 4,589 | 3,485 | |
Trilogy International South Pacific LLC / TISP Finance, Inc. 8.875% 20238 | 59,784 | 59,702 | |
Univision Communications, Inc. 6.625% 20278 | 39,575 | 39,723 | |
Univision Communications, Inc. 4.50% 20298 | 73,515 | 66,074 | |
UPC Broadband Finco BV 4.875% 20318 | 48,900 | 43,060 | |
Verizon Communications, Inc. 2.10% 2028 | 7,900 | 7,084 | |
Verizon Communications, Inc. 2.55% 2031 | 6,100 | 5,314 | |
Verizon Communications, Inc. 3.40% 2041 | 10,000 | 8,422 | |
Verizon Communications, Inc. 2.875% 2050 | 15,000 | 10,976 | |
Virgin Media O2 4.25% 20318 | 25,888 | 21,931 | |
Virgin Media Secured Finance PLC 4.50% 20308 | 26,070 | 22,673 | |
VMED O2 UK Financing I PLC 4.75% 20318 | 1,068 | 918 | |
Vodafone Group PLC 4.25% 2050 | 7,275 | 6,338 | |
VZ Secured Financing BV 5.00% 20328 | 21,790 | 18,843 | |
Warner Music Group 3.875% 20308 | 24,040 | 21,550 | |
Warner Music Group 3.00% 20318 | 6,260 | 5,233 | |
Ziggo Bond Co. BV 5.125% 20308 | 21,600 | 18,774 |
The Income Fund of America — Page 24 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
Ziggo Bond Finance BV 4.875% 20308 | USD17,345 | $15,395 | |
ZipRecruiter, Inc. 5.00% 20308 | 17,000 | 15,918 | |
1,983,497 | |||
Industrials 1.30% | |||
ADT Security Corp. 4.125% 20298 | 8,480 | 7,214 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 1.75% 2026 | 3,978 | 3,541 | |
Air Lease Corp. 2.875% 2026 | 24,541 | 22,984 | |
Air Lease Corp. 2.20% 2027 | 8,500 | 7,616 | |
Air Lease Corp. 2.10% 2028 | 5,900 | 5,045 | |
Allison Transmission Holdings, Inc. 3.75% 20318 | 25,185 | 21,826 | |
American Airlines, Inc. 5.50% 20268 | 7,905 | 7,845 | |
American Airlines, Inc., Series 2013-2, Class A, 4.95% 2024 | 1,607 | 1,597 | |
Associated Materials, LLC, Term Loan B, (3-month USD CME Term SOFR + 6.00%) 6.651% 202910,11 | 30,000 | 28,800 | |
Atkore, Inc. 4.25% 20318 | 12,215 | 10,829 | |
Atlantic Aviation FBO, Inc., Term Loan, (3-month USD-LIBOR + 5.75%) 6.514% 202910,11 | 4,070 | 4,075 | |
ATS Automation Tooling Systems, Inc. 4.125% 20288 | 3,975 | 3,593 | |
Avis Budget Car Rental, LLC 5.75% 20278 | 12,675 | 12,405 | |
Avis Budget Group, Inc. 5.375% 20298 | 18,760 | 17,610 | |
Avolon Holdings Funding, Ltd. 3.95% 20248 | 22,645 | 22,266 | |
Avolon Holdings Funding, Ltd. 2.125% 20268 | 17,179 | 15,403 | |
Avolon Holdings Funding, Ltd. 4.25% 20268 | 8,919 | 8,563 | |
Avolon Holdings Funding, Ltd. 2.528% 20278 | 4,438 | 3,823 | |
Avolon Holdings Funding, Ltd. 3.25% 20278 | 17,000 | 15,437 | |
Avolon Holdings Funding, Ltd. 2.75% 20288 | 10,000 | 8,618 | |
Boeing Company 1.95% 2024 | 548 | 533 | |
Boeing Company 4.875% 2025 | 55,978 | 56,740 | |
Boeing Company 2.196% 2026 | 23,708 | 21,650 | |
Boeing Company 2.75% 2026 | 16,896 | 15,974 | |
Boeing Company 3.10% 2026 | 1,454 | 1,377 | |
Boeing Company 5.04% 2027 | 26,341 | 26,670 | |
Boeing Company 3.25% 2028 | 20,952 | 19,348 | |
Boeing Company 3.25% 2028 | 1,025 | 931 | |
Boeing Company 5.15% 2030 | 60,468 | 60,116 | |
Boeing Company 3.625% 2031 | 11,241 | 10,155 | |
Boeing Company 3.60% 2034 | 9,000 | 7,579 | |
Boeing Company 3.25% 2035 | 475 | 381 | |
Boeing Company 3.50% 2039 | 1,264 | 976 | |
Boeing Company 3.90% 2049 | 3,149 | 2,494 | |
Boeing Company 3.75% 2050 | 1,805 | 1,384 | |
Boeing Company 5.805% 2050 | 24,779 | 24,827 | |
Bombardier, Inc. 7.50% 20248 | 7,080 | 7,055 | |
Bombardier, Inc. 7.50% 20258 | 3,045 | 2,958 | |
Bombardier, Inc. 7.125% 20268 | 33,335 | 30,708 | |
Bombardier, Inc. 7.875% 20278 | 79,450 | 74,111 | |
Bombardier, Inc. 6.00% 20288 | 22,125 | 19,167 | |
Builders FirstSource, Inc. 4.25% 20328 | 8,610 | 7,364 | |
Burlington Northern Santa Fe LLC 3.55% 2050 | 10,000 | 8,726 | |
BWX Technologies, Inc. 4.125% 20288 | 5,190 | 4,821 | |
BWX Technologies, Inc. 4.125% 20298 | 13,360 | 12,376 | |
Canadian National Railway Company 3.20% 2046 | 1,980 | 1,678 | |
Canadian Pacific Railway, Ltd. 1.75% 2026 | 3,515 | 3,228 | |
Canadian Pacific Railway, Ltd. 2.45% 2031 | 5,255 | 4,574 | |
Canadian Pacific Railway, Ltd. 3.10% 2051 | 5,532 | 4,293 |
The Income Fund of America — Page 25 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Industrials (continued) | Principal amount (000) | Value (000) | |
Carrier Global Corp. 2.722% 2030 | USD2,000 | $1,764 | |
Carrier Global Corp. 3.577% 2050 | 4,100 | 3,296 | |
Clarivate Science Holdings Corp. 3.875% 20288 | 12,595 | 11,228 | |
Clarivate Science Holdings Corp. 4.875% 20298 | 25,820 | 22,787 | |
CoreLogic, Inc. 4.50% 20288 | 79,461 | 70,516 | |
CoreLogic, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 7.264% 202910,11 | 3,525 | 3,278 | |
Covert Mergeco, Inc. 4.875% 20298 | 19,365 | 17,644 | |
CSX Corp. 3.80% 2028 | 1,550 | 1,541 | |
CSX Corp. 4.50% 2049 | 3,785 | 3,760 | |
Dun & Bradstreet Corp. 5.00% 20298 | 36,582 | 34,071 | |
General Dynamics Corp. 3.625% 2030 | 6,433 | 6,321 | |
General Electric Capital Corp. 4.418% 2035 | 5,563 | 5,443 | |
General Electric Co., Series D, (3-month USD-LIBOR + 3.33%) 4.156% junior subordinated perpetual bonds11 | 95,170 | 90,280 | |
Harsco Corp. 5.75% 20278 | 25,420 | 22,911 | |
Honeywell International, Inc. 2.30% 2024 | 4,405 | 4,352 | |
Howmet Aerospace, Inc. 6.875% 2025 | 2,815 | 2,981 | |
Howmet Aerospace, Inc. 5.90% 2027 | 5,150 | 5,292 | |
Icahn Enterprises Finance Corp. 4.75% 2024 | 15,260 | 14,898 | |
JELD-WEN Holding, Inc. 4.875% 20278 | 15,765 | 14,317 | |
L3Harris Technologies, Inc. 1.80% 2031 | 8,925 | 7,328 | |
Labl Escrow Issuer, LLC 10.50% 20278 | 7,095 | 6,857 | |
LSC Communications, Inc. 8.75% 20231,4,8,13 | 25,850 | 251 | |
LSC Communications, Inc., Term Loan B, (USD Prime Rate + 4.50%) 7.75% 20221,4,10,11,13 | 3,697 | 36 | |
Masco Corp. 1.50% 2028 | 8,605 | 7,337 | |
Masco Corp. 2.00% 2031 | 4,970 | 4,068 | |
Masco Corp. 3.125% 2051 | 2,294 | 1,690 | |
MasTec, Inc. 4.50% 20288 | 19,290 | 18,529 | |
Meritor, Inc. 4.50% 20288 | 3,275 | 3,275 | |
Mexico City Airport Trust 3.875% 20288 | 770 | 720 | |
Mexico City Airport Trust 5.50% 2046 | 2,303 | 1,841 | |
Mexico City Airport Trust 5.50% 2047 | 4,482 | 3,583 | |
Mexico City Airport Trust 5.50% 20478 | 215 | 172 | |
Moog, Inc. 4.25% 20278 | 11,829 | 11,029 | |
Mueller Water Products, Inc. 4.00% 20298 | 5,110 | 4,581 | |
Nielsen Finance LLC and Nielsen Finance Co. 5.625% 20288 | 10,425 | 10,117 | |
Nielsen Finance LLC and Nielsen Finance Co. 5.875% 20308 | 7,630 | 7,331 | |
Nielsen Finance LLC and Nielsen Finance Co. 4.75% 20318 | 1,300 | 1,231 | |
Norfolk Southern Corp. 3.05% 2050 | 3,727 | 2,872 | |
Northrop Grumman Corp. 3.25% 2028 | 8,995 | 8,642 | |
Otis Worldwide Corp. 2.293% 2027 | 2,440 | 2,259 | |
PGT Innovations, Inc. 4.375% 20298 | 19,090 | 16,775 | |
Raytheon Technologies Corp. 1.90% 2031 | 13,845 | 11,393 | |
Ritchie Bros. Holdings, Inc. 4.75% 20318 | 19,905 | 19,936 | |
Roller Bearing Company of America, Inc. 4.375% 20298 | 2,905 | 2,618 | |
Rolls-Royce PLC 5.75% 20278 | 16,750 | 16,175 | |
Sensata Technologies Holding BV 4.00% 20298 | 8,455 | 7,548 | |
Sensata Technologies, Inc. 3.75% 20318 | 7,225 | 6,121 | |
Siemens AG 1.20% 20268 | 21,718 | 19,823 | |
Siemens AG 1.70% 20288 | 12,196 | 10,873 | |
SkyMiles IP, Ltd. 4.75% 20288 | 42,545 | 42,109 | |
Stericycle, Inc. 3.875% 20298 | 29,450 | 26,010 | |
The Brink’s Co. 4.625% 20278 | 12,800 | 12,144 | |
TransDigm, Inc. 6.25% 20268 | 61,602 | 61,363 | |
TransDigm, Inc. 5.50% 2027 | 55,399 | 50,871 |
The Income Fund of America — Page 26 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Industrials (continued) | Principal amount (000) | Value (000) | |
TransDigm, Inc. 4.625% 2029 | USD9,870 | $8,600 | |
Triton Container International, Ltd. 1.15% 20248 | 3,938 | 3,711 | |
Triton Container International, Ltd. 3.15% 20318 | 7,222 | 6,161 | |
Triumph Group, Inc. 6.25% 20248 | 17,670 | 17,032 | |
Triumph Group, Inc. 8.875% 20248 | 5,981 | 6,197 | |
Triumph Group, Inc. 7.75% 20258 | 3,875 | 3,774 | |
Uber Technologies, Inc. 8.00% 20268 | 13,105 | 13,741 | |
Union Pacific Corp. 3.75% 2025 | 4,720 | 4,768 | |
Union Pacific Corp. 2.15% 2027 | 1,854 | 1,736 | |
Union Pacific Corp. 2.40% 2030 | 1,931 | 1,734 | |
Union Pacific Corp. 2.891% 2036 | 3,245 | 2,774 | |
Union Pacific Corp. 2.95% 2052 | 5,000 | 3,841 | |
United Air Lines, Inc., Series 2007-1, Class A, 6.636% 2024 | 2,328 | 2,328 | |
United Airlines Holdings, Inc. 6.50% 20278 | 31,525 | 32,190 | |
United Airlines, Inc. 4.375% 20268 | 13,880 | 13,415 | |
United Airlines, Inc. 4.625% 20298 | 33,675 | 30,945 | |
United Rentals, Inc. 5.25% 2030 | 6,840 | 6,644 | |
United Rentals, Inc. 3.875% 2031 | 8,600 | 7,597 | |
United Rentals, Inc. 3.75% 2032 | 4,750 | 4,140 | |
United Technologies Corp. 3.95% 2025 | 5,290 | 5,352 | |
Vertical Holdco GMBH 7.625% 20288 | 8,825 | 8,504 | |
Vertical U.S. Newco, Inc. 5.25% 20278 | 9,075 | 8,513 | |
Virgin Australia Holdings, Ltd. 7.875% 20218,13 | 1,750 | 94 | |
WESCO Distribution, Inc. 7.125% 20258 | 5,905 | 6,141 | |
WESCO Distribution, Inc. 7.25% 20288 | 6,435 | 6,651 | |
Westinghouse Air Brake Technologies Corp. 4.40% 202412 | 1,491 | 1,505 | |
1,613,560 | |||
Materials 1.06% | |||
Air Products and Chemicals, Inc. 1.85% 2027 | 1,857 | 1,709 | |
Alcoa Nederland Holding BV 5.50% 20278 | 13,410 | 13,358 | |
Alcoa Nederland Holding BV 4.125% 20298 | 4,150 | 3,890 | |
Allegheny Technologies, Inc. 4.875% 2029 | 29,715 | 27,076 | |
Allegheny Technologies, Inc. 5.125% 2031 | 13,270 | 12,006 | |
Anglo American Capital PLC 2.25% 20288 | 6,553 | 5,826 | |
Anglo American Capital PLC 2.625% 20308 | 16,107 | 13,727 | |
Arconic Corp. 6.00% 20258 | 10,820 | 10,884 | |
Arconic Rolled Products Corp. 6.125% 20288 | 3,300 | 3,203 | |
Ardagh Group SA 6.50% Cash 20278,9 | 16,497 | 13,878 | |
Ardagh Metal Packaging Finance USA LLC 4.00% 20298 | 21,920 | 18,813 | |
Ardagh Packaging Finance 5.25% 20258 | 8,343 | 8,296 | |
Axalta Coating Systems, LLC 4.75% 20278 | 14,076 | 13,390 | |
Ball Corp. 3.125% 2031 | 20,755 | 17,401 | |
BWAY Parent Co., Inc. 5.50% 20248 | 9,890 | 9,669 | |
Canpack SA / Canpack US, LLC 3.875% 20298 | 16,315 | 14,033 | |
Cleveland-Cliffs, Inc. 6.75% 20268 | 6,645 | 6,973 | |
Cleveland-Cliffs, Inc. 5.875% 2027 | 58,860 | 58,633 | |
Cleveland-Cliffs, Inc. 7.00% 2027 | 1,300 | 1,334 | |
Cleveland-Cliffs, Inc. 4.625% 20298 | 34,930 | 32,787 | |
Cleveland-Cliffs, Inc. 4.875% 20318 | 8,989 | 8,327 | |
Constellium SE 3.75% 20298 | 12,685 | 10,987 | |
CRH America, Inc. 5.125% 20458 | 350 | 367 | |
CVR Partners LP 6.125% 20288 | 12,450 | 12,219 | |
Dow Chemical Co. 3.625% 2026 | 1,616 | 1,607 |
The Income Fund of America — Page 27 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials (continued) | Principal amount (000) | Value (000) | |
Dow Chemical Co. 3.60% 2050 | USD13,746 | $11,316 | |
Element Solutions, Inc. 3.875% 20288 | 21,085 | 18,875 | |
First Quantum Minerals, Ltd. 6.50% 20248 | 35,546 | 35,638 | |
First Quantum Minerals, Ltd. 7.50% 20258 | 66,150 | 67,047 | |
First Quantum Minerals, Ltd. 6.875% 20268 | 24,125 | 24,220 | |
First Quantum Minerals, Ltd. 6.875% 20278 | 91,910 | 92,478 | |
FMG Resources 4.375% 20318 | 23,205 | 20,565 | |
FXI Holdings, Inc. 7.875% 20248 | 33,858 | 33,421 | |
FXI Holdings, Inc. 12.25% 20268 | 32,897 | 35,118 | |
GPC Merger Sub, Inc. 7.125% 20288 | 13,795 | 12,456 | |
International Flavors & Fragrances, Inc. 1.832% 20278 | 3,375 | 2,979 | |
International Flavors & Fragrances, Inc. 3.468% 20508 | 5,000 | 3,876 | |
International Paper Co. 7.30% 2039 | 5,615 | 6,946 | |
Joseph T. Ryerson & Son, Inc. 8.50% 20288 | 3,391 | 3,649 | |
Kaiser Aluminum Corp. 4.625% 20288 | 12,820 | 11,783 | |
Labl, Inc. 8.25% 20298 | 14,070 | 11,564 | |
LSB Industries, Inc. 6.25% 20288 | 10,285 | 10,093 | |
LYB International Finance III, LLC 2.25% 2030 | 6,439 | 5,473 | |
LYB International Finance III, LLC 3.375% 2040 | 4,486 | 3,642 | |
LYB International Finance III, LLC 3.625% 2051 | 36,739 | 29,576 | |
LYB International Finance III, LLC 3.80% 2060 | 4,106 | 3,180 | |
Mercer International, Inc. 5.125% 2029 | 6,055 | 5,635 | |
Methanex Corp. 5.125% 2027 | 82,955 | 79,738 | |
Mineral Resources, Ltd. 8.50% 20308 | 30,090 | 29,752 | |
Mosaic Co. 3.25% 2022 | 1,500 | 1,506 | |
Nova Chemicals Corp. 4.25% 20298 | 23,100 | 20,023 | |
Novelis Corp. 4.75% 20308 | 36,553 | 33,670 | |
Novelis Corp. 3.875% 20318 | 26,582 | 22,837 | |
Nutrien, Ltd. 1.90% 2023 | 7,974 | 7,895 | |
Praxair, Inc. 1.10% 2030 | 4,407 | 3,590 | |
Rayonier A.M. Products, Inc. 7.625% 20268 | 1,564 | 1,487 | |
Rio Tinto Finance (USA), Ltd. 2.75% 2051 | 7,348 | 5,602 | |
SCIH Salt Holdings, Inc. 4.875% 20288 | 52,540 | 45,480 | |
SCIH Salt Holdings, Inc. 6.625% 20298 | 27,965 | 22,342 | |
Scotts Miracle-Gro Co. 4.50% 2029 | 18,840 | 16,566 | |
Scotts Miracle-Gro Co. 4.375% 2032 | 21,605 | 18,081 | |
Sealed Air Corp. 4.00% 20278 | 19,239 | 18,107 | |
Sherwin-Williams Company 3.80% 2049 | 10,414 | 8,924 | |
Silgan Holdings, Inc. 4.125% 2028 | 12,714 | 11,875 | |
South32 Treasury USA 4.35% 20328 | 3,986 | 3,850 | |
Summit Materials, Inc. 6.50% 20278 | 9,760 | 9,741 | |
Summit Materials, Inc. 5.25% 20298 | 12,425 | 11,671 | |
Trivium Packaging BV 5.50% 20268 | 9,902 | 9,582 | |
Trivium Packaging BV 8.50% 20278 | 7,865 | 7,777 | |
Valvoline, Inc. 4.25% 20308 | 11,680 | 10,154 | |
Valvoline, Inc. 3.625% 20318 | 14,104 | 11,486 | |
Venator Materials Corp. 5.75% 20258 | 55,700 | 45,753 | |
Venator Materials Corp. 9.50% 20258 | 24,147 | 25,226 | |
W. R. Grace Holdings LLC 4.875% 20278 | 11,595 | 10,916 | |
W. R. Grace Holdings LLC 5.625% 20298 | 9,455 | 8,078 | |
Warrior Met Coal, Inc. 7.875% 20288 | 36,280 | 38,011 |
The Income Fund of America — Page 28 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials (continued) | Principal amount (000) | Value (000) | |
Westlake Chemical Corp. 5.00% 2046 | USD350 | $347 | |
Westlake Chemical Corp. 4.375% 2047 | 300 | 273 | |
1,310,263 | |||
Utilities 1.02% | |||
Abu Dhabi National Energy Company PJSC (TAQA) 3.625% 20238 | 543 | 548 | |
Abu Dhabi National Energy Company PJSC (TAQA) 4.375% 20258 | 11,395 | 11,634 | |
Abu Dhabi National Energy Company PJSC (TAQA) 4.375% 20268 | 200 | 206 | |
AEP Transmission Co. LLC 3.65% 2050 | 250 | 215 | |
AES Corp. 3.30% 20258 | 17,950 | 17,409 | |
American Electric Power Company, Inc. 2.95% 2022 | 12,065 | 12,117 | |
American Electric Power Company, Inc. 4.30% 2028 | 3,300 | 3,297 | |
American Water Cap Corp. 2.80% 2030 | 1,200 | 1,098 | |
AmeriGas Partners LP 5.50% 2025 | 6,850 | 6,755 | |
Calpine Corp. 5.125% 20288 | 12,315 | 11,202 | |
Calpine Corp. 3.75% 20318 | 12,570 | 10,610 | |
Colbun SA 3.95% 20278 | 1,554 | 1,509 | |
Comisión Federal de Electricidad 4.688% 20298 | 14,525 | 13,463 | |
Comisión Federal de Electricidad 3.348% 20318 | 9,000 | 7,265 | |
Comisión Federal de Electricidad 4.677% 20518 | 9,162 | 6,547 | |
Commonwealth Edison Co. 3.85% 2052 | 5,225 | 4,800 | |
Consolidated Edison Company of New York, Inc. 3.60% 2061 | 8,390 | 6,767 | |
Dominion Resources, Inc., junior subordinated, 3.071% 202412 | 2,550 | 2,519 | |
Duke Energy Indiana, Inc. 4.90% 2043 | 14,785 | 14,928 | |
Duke Energy Indiana, Inc. 3.25% 2049 | 3,100 | 2,543 | |
Duke Energy Progress, Inc. 4.15% 2044 | 2,110 | 1,975 | |
Edison International 3.125% 2022 | 3,970 | 3,977 | |
Edison International 3.55% 2024 | 20,475 | 20,250 | |
Edison International 4.95% 2025 | 400 | 407 | |
Edison International 5.75% 2027 | 6,745 | 7,000 | |
Edison International 4.125% 2028 | 5,866 | 5,661 | |
EDP Finance BV 3.625% 20248 | 10,175 | 10,092 | |
Electricité de France SA 4.75% 20358 | 8,250 | 8,070 | |
Electricité de France SA 4.875% 20388 | 1,750 | 1,700 | |
Emera US Finance LP 0.833% 2024 | 1,675 | 1,570 | |
Emera US Finance LP 2.639% 2031 | 2,100 | 1,800 | |
Emera, Inc. 6.75% 2076 (3-month USD-LIBOR + 5.44% on 6/15/2026)12 | 36,024 | 36,654 | |
Empresa Nacional de Electricidad SA 4.25% 2024 | 900 | 895 | |
Enel Società per Azioni 8.75% 2073 (USD Semi Annual 30/360 (vs. 3-month USD-LIBOR) + 5.88% on 9/24/2023)8,12 | 37,337 | 39,525 | |
Entergy Corp. 2.80% 2030 | 6,650 | 5,857 | |
Entergy Louisiana, LLC 4.20% 2048 | 5,125 | 4,909 | |
Eversource Energy 3.80% 2023 | 4,095 | 4,136 | |
Exelon Corp., junior subordinated, 3.497% 202212 | 8,000 | 8,000 | |
FirstEnergy Corp. 1.60% 2026 | 989 | 906 | |
FirstEnergy Corp. 3.50% 20288 | 2,500 | 2,358 | |
FirstEnergy Corp. 4.10% 20288 | 1,325 | 1,297 | |
FirstEnergy Corp. 2.25% 2030 | 900 | 753 | |
FirstEnergy Corp. 2.65% 2030 | 6,430 | 5,463 | |
FirstEnergy Corp. 7.375% 2031 | 14,320 | 16,445 | |
FirstEnergy Corp. 3.40% 2050 | 15,250 | 11,386 | |
FirstEnergy Corp., Series A, 3.10% 202212 | 48,325 | 48,308 | |
FirstEnergy Corp., Series B, 4.40% 202712 | 55,337 | 53,751 | |
FirstEnergy Transmission LLC 2.866% 20288 | 10,750 | 9,614 |
The Income Fund of America — Page 29 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Georgia Power Co. 2.65% 2029 | USD450 | $406 | |
Georgia Power Co. 3.70% 2050 | 1,862 | 1,529 | |
Gulf Power Co. 3.30% 2027 | 600 | 588 | |
Interstate Power and Light Co. 3.25% 2024 | 3,250 | 3,231 | |
Israel Electric Corp., Ltd. 8.10% 20968 | 4,905 | 6,646 | |
Jersey Central Power & Light Co. 2.75% 20328 | 1,025 | 902 | |
Mississippi Power Co. 3.95% 2028 | 6,437 | 6,347 | |
Mississippi Power Co. 4.25% 2042 | 2,550 | 2,310 | |
Monongahela Power Co. 3.55% 20278 | 2,550 | 2,481 | |
Northern States Power Co. 4.125% 2044 | 6,475 | 6,199 | |
Northern States Power Co. 3.20% 2052 | 4,715 | 3,932 | |
NRG Energy, Inc. 3.375% 20298 | 355 | 301 | |
NRG Energy, Inc. 3.625% 20318 | 15,875 | 13,241 | |
Pacific Gas and Electric Co. 1.75% 2022 | 30,000 | 29,982 | |
Pacific Gas and Electric Co. 1.367% 2023 | 16,175 | 15,945 | |
Pacific Gas and Electric Co. 3.85% 2023 | 8,710 | 8,688 | |
Pacific Gas and Electric Co. 4.25% 2023 | 20,475 | 20,565 | |
Pacific Gas and Electric Co. 3.40% 2024 | 4,510 | 4,414 | |
Pacific Gas and Electric Co. 3.45% 2025 | 1,250 | 1,200 | |
Pacific Gas and Electric Co. 2.95% 2026 | 22,350 | 20,708 | |
Pacific Gas and Electric Co. 3.15% 2026 | 43,971 | 41,370 | |
Pacific Gas and Electric Co. 2.10% 2027 | 750 | 647 | |
Pacific Gas and Electric Co. 3.30% 2027 | 28,000 | 25,498 | |
Pacific Gas and Electric Co. 3.30% 2027 | 10,863 | 10,058 | |
Pacific Gas and Electric Co. 3.00% 2028 | 7,415 | 6,640 | |
Pacific Gas and Electric Co. 3.75% 2028 | 16,225 | 14,935 | |
Pacific Gas and Electric Co. 4.65% 2028 | 10,211 | 9,753 | |
Pacific Gas and Electric Co. 4.55% 2030 | 64,037 | 59,439 | |
Pacific Gas and Electric Co. 2.50% 2031 | 28,189 | 22,339 | |
Pacific Gas and Electric Co. 3.25% 2031 | 5,850 | 4,912 | |
Pacific Gas and Electric Co. 3.30% 2040 | 4,050 | 2,956 | |
Pacific Gas and Electric Co. 3.75% 2042 | 17,045 | 12,565 | |
Pacific Gas and Electric Co. 3.50% 2050 | 5,080 | 3,548 | |
PacifiCorp 3.30% 2051 | 1,150 | 941 | |
PacifiCorp, First Mortgage Bonds, 4.125% 2049 | 11,000 | 10,148 | |
PG&E Corp. 5.00% 2028 | 46,990 | 43,304 | |
PG&E Corp. 5.25% 2030 | 41,890 | 38,147 | |
Progress Energy, Inc. 7.00% 2031 | 4,000 | 4,686 | |
Public Service Electric and Gas Co. 3.15% 2050 | 1,950 | 1,608 | |
Public Service Enterprise Group, Inc. 2.65% 2022 | 2,075 | 2,079 | |
Southern California Edison Co. 1.10% 2024 | 5,000 | 4,800 | |
Southern California Edison Co. 3.70% 2025 | 450 | 449 | |
Southern California Edison Co. 2.85% 2029 | 8,900 | 8,038 | |
Southern California Edison Co. 4.20% 2029 | 14,250 | 14,029 | |
Southern California Edison Co. 2.25% 2030 | 909 | 779 | |
Southern California Edison Co. 2.75% 2032 | 5,050 | 4,381 | |
Southern California Edison Co. 5.35% 2035 | 17,725 | 18,302 | |
Southern California Edison Co. 5.75% 2035 | 4,400 | 4,693 | |
Southern California Edison Co. 5.625% 2036 | 16,750 | 17,497 | |
Southern California Edison Co. 5.55% 2037 | 3,556 | 3,708 | |
Southern California Edison Co. 5.95% 2038 | 9,331 | 10,055 | |
Southern California Edison Co. 4.50% 2040 | 19,690 | 18,224 | |
Southern California Edison Co. 4.00% 2047 | 15,392 | 13,204 | |
Southern California Edison Co. 4.125% 2048 | 17,200 | 14,920 |
The Income Fund of America — Page 30 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Southern California Edison Co. 4.875% 2049 | USD675 | $656 | |
Southern California Edison Co. 3.65% 2050 | 15,972 | 12,839 | |
Southern California Edison Co. 3.45% 2052 | 7,445 | 5,886 | |
Southern California Edison Co., Series C, 3.60% 2045 | 11,875 | 9,597 | |
Southern Co. 4.25% 2036 | 1,300 | 1,228 | |
Southern Co. 4.40% 2046 | 2,100 | 1,917 | |
Southwestern Electric Power Co. 1.65% 2026 | 5,075 | 4,678 | |
Talen Energy Corp. 10.50% 20268 | 10,925 | 4,058 | |
Talen Energy Corp. 7.25% 20278 | 78,144 | 74,931 | |
Talen Energy Corp., Term Loan B, (3-month USD-LIBOR + 3.75%) 4.514% 202610,11 | 29,286 | 27,212 | |
Talen Energy Supply, LLC 7.625% 20288 | 28,905 | 27,751 | |
Targa Resources Partners LP 4.00% 2032 | 7,700 | 6,995 | |
Venture Global Calcasieu Pass, LLC 3.875% 20298 | 20,300 | 18,550 | |
Virginia Electric and Power Co. 3.45% 2024 | 560 | 562 | |
Virginia Electric and Power Co. 3.10% 2025 | 2,625 | 2,591 | |
Virginia Electric and Power Co. 2.40% 2032 | 9,625 | 8,313 | |
Wisconsin Power and Light Co. 3.65% 2050 | 350 | 303 | |
Xcel Energy, Inc. 1.75% 2027 | 2,975 | 2,697 | |
Xcel Energy, Inc. 2.60% 2029 | 3,500 | 3,099 | |
Xcel Energy, Inc. 2.35% 2031 | 2,525 | 2,140 | |
1,262,461 | |||
Consumer staples 0.59% | |||
7-Eleven, Inc. 0.80% 20248 | 11,565 | 11,027 | |
7-Eleven, Inc. 0.95% 20268 | 4,700 | 4,207 | |
7-Eleven, Inc. 1.30% 20288 | 6,710 | 5,706 | |
7-Eleven, Inc. 1.80% 20318 | 7,001 | 5,666 | |
Albertsons Companies, Inc. 3.50% 20298 | 6,195 | 5,227 | |
Altria Group, Inc. 5.80% 2039 | 22,295 | 22,130 | |
Altria Group, Inc. 3.40% 2041 | 9,000 | 6,602 | |
Altria Group, Inc. 4.50% 2043 | 4,000 | 3,338 | |
Altria Group, Inc. 5.95% 2049 | 17,533 | 17,168 | |
Altria Group, Inc. 3.70% 2051 | 8,507 | 6,077 | |
Anheuser-Busch InBev NV 4.00% 2028 | 8,025 | 7,994 | |
Anheuser-Busch InBev NV 5.45% 2039 | 5,182 | 5,519 | |
Anheuser-Busch InBev NV 4.95% 2042 | 9,095 | 9,069 | |
Anheuser-Busch InBev NV 4.60% 2048 | 700 | 660 | |
Anheuser-Busch InBev NV 5.55% 2049 | 3,550 | 3,799 | |
Anheuser-Busch InBev NV 4.50% 2050 | 3,400 | 3,188 | |
B&G Foods, Inc. 5.25% 2025 | 12,250 | 11,683 | |
B&G Foods, Inc. 5.25% 2027 | 17,875 | 16,407 | |
British American Tobacco International Finance PLC 3.95% 20258 | 13,039 | 12,876 | |
British American Tobacco International Finance PLC 1.668% 2026 | 8,990 | 8,075 | |
British American Tobacco PLC 3.222% 2024 | 8,000 | 7,896 | |
British American Tobacco PLC 3.215% 2026 | 8,308 | 7,864 | |
British American Tobacco PLC 3.557% 2027 | 1,479 | 1,381 | |
British American Tobacco PLC 2.259% 2028 | 9,610 | 8,222 | |
British American Tobacco PLC 4.448% 2028 | 8,000 | 7,715 | |
British American Tobacco PLC 4.742% 2032 | 8,000 | 7,510 | |
British American Tobacco PLC 4.39% 2037 | 13,368 | 11,398 | |
British American Tobacco PLC 4.54% 2047 | 31,490 | 25,009 | |
British American Tobacco PLC 4.758% 2049 | 20,764 | 16,971 | |
British American Tobacco PLC 5.282% 2050 | 5,000 | 4,454 | |
Central Garden & Pet Co. 4.125% 2030 | 22,866 | 19,802 |
The Income Fund of America — Page 31 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer staples (continued) | Principal amount (000) | Value (000) | |
Central Garden & Pet Co. 4.125% 20318 | USD14,030 | $12,053 | |
Conagra Brands, Inc. 1.375% 2027 | 2,000 | 1,701 | |
Constellation Brands, Inc. 3.20% 2023 | 2,060 | 2,064 | |
Constellation Brands, Inc. 2.25% 2031 | 4,463 | 3,705 | |
Coty, Inc. 4.75% 20298 | 6,970 | 6,213 | |
Darling Ingredients, Inc. 5.25% 20278 | 19,295 | 19,319 | |
Edgewell Personal Care Co. 5.50% 20288 | 4,040 | 3,915 | |
Energizer Holdings, Inc. 4.375% 20298 | 14,640 | 12,209 | |
Imperial Tobacco Finance PLC 3.50% 20238 | 10,000 | 9,998 | |
Ingles Markets, Inc. 4.00% 20318 | 21,200 | 19,072 | |
JBS Luxembourg SARL 2.50% 20278 | 12,702 | 11,415 | |
JBS Luxembourg SARL 3.625% 20328 | 5,113 | 4,372 | |
JBS USA Lux SA 3.00% 20298 | 9,210 | 8,209 | |
JBS USA Lux SA 5.50% 20308 | 1,120 | 1,107 | |
JBS USA Lux SA 3.00% 20328 | 9,000 | 7,514 | |
Kraft Heinz Company 4.625% 2039 | 4,350 | 4,021 | |
Kraft Heinz Company 5.20% 2045 | 10,110 | 9,911 | |
Kraft Heinz Company 4.375% 2046 | 5,185 | 4,550 | |
Kraft Heinz Company 4.875% 2049 | 2,285 | 2,132 | |
Kronos Acquisition Holdings, Inc. 5.00% 20268 | 20,850 | 18,481 | |
Kronos Acquisition Holdings, Inc. 7.00% 20278 | 10,670 | 8,444 | |
Lamb Weston Holdings, Inc. 4.125% 20308 | 33,025 | 29,514 | |
Nestle Skin Health SA, Term Loan B3, (3-month USD-LIBOR + 3.75%) 4.756% 202610,11 | 46,032 | 45,679 | |
PepsiCo, Inc. 1.95% 2031 | 6,004 | 5,155 | |
PepsiCo, Inc. 2.625% 2041 | 12,500 | 10,180 | |
PepsiCo, Inc. 2.75% 2051 | 10,000 | 7,869 | |
Performance Food Group, Inc. 5.50% 20278 | 5,560 | 5,403 | |
Performance Food Group, Inc. 4.25% 20298 | 9,325 | 8,301 | |
Philip Morris International, Inc. 2.375% 2022 | 5,035 | 5,044 | |
Philip Morris International, Inc. 0.875% 2026 | 10,101 | 9,075 | |
Philip Morris International, Inc. 1.75% 2030 | 9,986 | 8,174 | |
Post Holdings, Inc. 5.625% 20288 | 9,935 | 9,410 | |
Post Holdings, Inc. 5.50% 20298 | 20,825 | 18,975 | |
Post Holdings, Inc. 4.625% 20308 | 32,715 | 28,010 | |
Prestige Brands International, Inc. 5.125% 20288 | 8,162 | 7,764 | |
Prestige Brands International, Inc. 3.75% 20318 | 7,445 | 6,323 | |
Reynolds American, Inc. 5.70% 2035 | 3,130 | 3,093 | |
Reynolds American, Inc. 5.85% 2045 | 18,028 | 16,854 | |
Simmons Foods, Inc. 4.625% 20298 | 34,802 | 31,450 | |
Spectrum Brands, Inc. 5.00% 20298 | 1,617 | 1,506 | |
Spectrum Brands, Inc. 5.50% 20308 | 6,240 | 5,818 | |
Spectrum Brands, Inc. 3.875% 20318 | 4,233 | 3,551 | |
US Foods, Inc. 4.625% 20308 | 10,065 | 9,020 | |
731,213 | |||
Information technology 0.54% | |||
Almonde, Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 8.25% 202510,11 | 43,850 | 42,386 | |
Analog Devices, Inc. 1.70% 2028 | 4,459 | 3,910 | |
Analog Devices, Inc. 2.10% 2031 | 3,937 | 3,396 | |
Analog Devices, Inc. 2.80% 2041 | 8,586 | 6,956 | |
Analog Devices, Inc. 2.95% 2051 | 5,668 | 4,451 | |
Apple, Inc. 0.70% 2026 | 8,500 | 7,770 | |
Apple, Inc. 1.20% 2028 | 17,000 | 14,897 | |
Applied Systems, Inc., Term Loan, (3-month USD-LIBOR + 5.50%) 6.506% 202510,11 | 10,708 | 10,723 |
The Income Fund of America — Page 32 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Information technology (continued) | Principal amount (000) | Value (000) | |
Avaya, Inc. 6.125% 20288 | USD7,100 | $6,600 | |
Black Knight, Inc. 3.625% 20288 | 21,590 | 20,051 | |
BMC Software, Inc. 9.125% 20268 | 14,050 | 14,241 | |
BMC Software, Inc., Term Loan, (3-month USD-LIBOR + 5.50%) 6.128% 202610,11 | 12,375 | 12,245 | |
Booz Allen Hamilton, Inc. 4.00% 20298 | 21,967 | 20,291 | |
Broadcom Corp. / Broadcom Cayman Finance, Ltd. 3.875% 2027 | 6,974 | 6,811 | |
Broadcom, Inc. 3.15% 2025 | 954 | 931 | |
Broadcom, Inc. 4.00% 20298 | 3,220 | 3,075 | |
Broadcom, Inc. 4.15% 20328 | 12,651 | 11,753 | |
Broadcom, Inc. 2.60% 20338 | 8,573 | 6,897 | |
Broadcom, Inc. 3.419% 20338 | 3,146 | 2,702 | |
Broadcom, Inc. 3.469% 20348 | 45,119 | 38,344 | |
Broadcom, Inc. 3.137% 20358 | 15,359 | 12,421 | |
Broadcom, Inc. 3.187% 20368 | 10,450 | 8,262 | |
Broadcom, Inc. 3.50% 20418 | 13,408 | 10,444 | |
CommScope Finance LLC 6.00% 20268 | 29,025 | 27,426 | |
Diebold Nixdorf AG, Term Loan B, (3-month USD-LIBOR + 2.75%) 3.25% 202310,11 | 5,505 | 5,284 | |
Diebold Nixdorf, Inc. 9.375% 20258 | 62,360 | 55,278 | |
Diebold, Inc. 8.50% 2024 | 14,425 | 9,500 | |
Entegris Escrow Corp. 4.75% 20298 | 9,145 | 8,826 | |
Entegris, Inc. 3.625% 20298 | 30,000 | 26,433 | |
Fair Isaac Corp. 4.00% 20288 | 22,105 | 20,226 | |
Fidelity National Information Services, Inc. 1.65% 2028 | 1,265 | 1,099 | |
Fidelity National Information Services, Inc. 2.25% 2031 | 3,420 | 2,870 | |
Fidelity National Information Services, Inc. 3.10% 2041 | 2,027 | 1,588 | |
Fiserv, Inc. 2.65% 2030 | 5,402 | 4,697 | |
Gartner, Inc. 4.50% 20288 | 16,625 | 15,957 | |
Gartner, Inc. 3.625% 20298 | 6,543 | 5,865 | |
Gartner, Inc. 3.75% 20308 | 5,300 | 4,735 | |
Mastercard, Inc. 2.00% 2031 | 10,603 | 9,140 | |
Microsoft Corp. 2.65% 2022 | 6,000 | 6,019 | |
Microsoft Corp. 2.875% 2024 | 6,865 | 6,877 | |
Microsoft Corp. 2.921% 2052 | 6,000 | 4,876 | |
MoneyGram International, Inc. 5.375% 20268 | 9,820 | 10,029 | |
NCR Corp. 5.125% 20298 | 32,115 | 30,643 | |
PayPal Holdings, Inc. 2.65% 2026 | 5,910 | 5,666 | |
PayPal Holdings, Inc. 2.30% 2030 | 3,300 | 2,886 | |
Rocket Software, Inc. 6.50% 20298 | 13,500 | 11,576 | |
Sabre GLBL, Inc. 7.375% 20258 | 7,125 | 7,221 | |
Sabre Holdings Corp. 9.25% 20258 | 5,100 | 5,450 | |
salesforce.com, inc. 1.95% 2031 | 5,450 | 4,677 | |
salesforce.com, inc. 2.70% 2041 | 7,025 | 5,595 | |
Simon Property Group LP 3.50% 2025 | 3,750 | 3,729 | |
Simon Property Group LP 2.65% 2030 | 4,100 | 3,616 | |
Solera Holdings, Inc., Term Loan B, (3-month USD-LIBOR + 4.00%) 4.764% 202810,11 | 11,069 | 11,005 | |
Square, Inc. 3.50% 20318 | 14,380 | 12,066 | |
Synaptics, Inc. 4.00% 20298 | 3,700 | 3,267 | |
UKG, Inc., Term Loan, (3-month USD-LIBOR + 5.25%) 6.212% 202710,11 | 23,244 | 23,198 | |
Unisys Corp. 6.875% 20278 | 3,200 | 3,216 | |
VeriSign, Inc. 2.70% 2031 | 3,020 | 2,611 | |
Veritas Holdings, Ltd. 7.50% 20258 | 14,865 | 13,123 | |
Viavi Solutions, Inc. 3.75% 20298 | 4,675 | 4,212 |
The Income Fund of America — Page 33 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Information technology (continued) | Principal amount (000) | Value (000) | |
Visa, Inc. 3.15% 2025 | USD8,000 | $7,949 | |
Xerox Corp. 5.00% 20258 | 15,650 | 15,043 | |
673,031 | |||
Real estate 0.52% | |||
Alexandria Real Estate Equities, Inc. 3.95% 2028 | 975 | 967 | |
Alexandria Real Estate Equities, Inc. 2.75% 2029 | 4,851 | 4,359 | |
Alexandria Real Estate Equities, Inc. 3.375% 2031 | 2,375 | 2,200 | |
Alexandria Real Estate Equities, Inc. 1.875% 2033 | 7,073 | 5,563 | |
American Campus Communities, Inc. 4.125% 2024 | 24,700 | 24,992 | |
American Campus Communities, Inc. 3.625% 2027 | 7,600 | 7,545 | |
American Tower Corp. 1.45% 2026 | 9,408 | 8,407 | |
American Tower Corp. 1.60% 2026 | 7,822 | 7,113 | |
American Tower Corp. 3.55% 2027 | 2,525 | 2,413 | |
American Tower Corp. 2.30% 2031 | 2,500 | 2,037 | |
American Tower Corp. 2.95% 2051 | 5,000 | 3,429 | |
Brandywine Operating Partnership LP 3.95% 2023 | 1,639 | 1,645 | |
Brookfield Property REIT, Inc. 5.75% 20268 | 34,590 | 33,554 | |
Corporate Office Properties LP 2.75% 2031 | 7,219 | 6,133 | |
Diversified Healthcare Trust 4.375% 2031 | 14,315 | 11,132 | |
Equinix, Inc. 1.45% 2026 | 15,835 | 14,289 | |
Equinix, Inc. 2.50% 2031 | 2,736 | 2,301 | |
Equinix, Inc. 3.40% 2052 | 828 | 643 | |
Essex Portfolio LP 3.875% 2024 | 5,900 | 5,926 | |
Essex Portfolio LP 3.50% 2025 | 1,920 | 1,908 | |
Extra Space Storage, Inc. 2.35% 2032 | 2,199 | 1,812 | |
Gaming and Leisure Properties, Inc. 3.35% 2024 | 2,526 | 2,494 | |
Howard Hughes Corp. 5.375% 20288 | 62,120 | 60,303 | |
Howard Hughes Corp. 4.125% 20298 | 35,055 | 31,612 | |
Howard Hughes Corp. 4.375% 20318 | 50,175 | 44,704 | |
Invitation Homes Operating Partnership LP 2.00% 2031 | 3,800 | 3,046 | |
Iron Mountain, Inc. 4.875% 20278 | 10,665 | 10,198 | |
Iron Mountain, Inc. 5.00% 20288 | 15,096 | 14,321 | |
Iron Mountain, Inc. 5.25% 20288 | 17,489 | 16,686 | |
Iron Mountain, Inc. 5.25% 20308 | 33,830 | 31,065 | |
Iron Mountain, Inc. 4.50% 20318 | 19,670 | 16,892 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2029 | 56,615 | 52,300 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2030 | 33,682 | 30,442 | |
Kennedy-Wilson Holdings, Inc. 5.00% 2031 | 34,353 | 31,053 | |
Ladder Capital Corp. 5.25% 20258 | 4,494 | 4,421 | |
Medical Properties Trust, Inc. 5.00% 2027 | 6,300 | 6,052 | |
Medical Properties Trust, Inc. 3.50% 2031 | 5,178 | 4,406 | |
Park Intermediate Holdings LLC 4.875% 20298 | 13,440 | 12,327 | |
Public Storage 1.85% 2028 | 8,037 | 7,161 | |
Public Storage 1.95% 2028 | 8,107 | 7,210 | |
Public Storage 2.30% 2031 | 1,742 | 1,510 | |
Realogy Corp. 5.75% 20298 | 32,220 | 27,070 | |
Realogy Corp. 5.25% 20308 | 21,920 | 17,788 | |
RHP Hotel Properties LP / RHP Finance Corp. 4.50% 20298 | 11,350 | 10,269 | |
RLJ Lodging Trust, LP 4.00% 20298 | 17,780 | 15,896 | |
Scentre Group 3.25% 20258 | 10,365 | 10,158 | |
Scentre Group 3.50% 20258 | 5,455 | 5,406 | |
Scentre Group 3.75% 20278 | 3,000 | 2,959 | |
Sun Communities Operating LP 2.30% 2028 | 6,066 | 5,327 |
The Income Fund of America — Page 34 of 54
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Real estate (continued) | Principal amount (000) | Value (000) | |
Sun Communities Operating LP 2.70% 2031 | USD2,191 | $1,868 | |
WeWork Companies, LLC 5.00% 20258 | 20,000 | 16,253 | |
649,565 | |||
Total corporate bonds, notes & loans | 18,910,701 | ||
U.S. Treasury bonds & notes 2.97% U.S. Treasury 1.71% | |||
U.S. Treasury 0.125% 2022 | 50,000 | 49,958 | |
U.S. Treasury 2.125% 2022 | 28,000 | 28,072 | |
U.S. Treasury 0.125% 2023 | 1,890 | 1,833 | |
U.S. Treasury 1.625% 2023 | 21,000 | 20,894 | |
U.S. Treasury 2.375% 2023 | 10,000 | 10,040 | |
U.S. Treasury 2.75% 2023 | 66,300 | 66,595 | |
U.S. Treasury 2.75% 2023 | 10,000 | 10,059 | |
U.S. Treasury 6.25% 2023 | 7,100 | 7,450 | |
U.S. Treasury 0.25% 2024 | 14,000 | 13,378 | |
U.S. Treasury 0.375% 2024 | 75,000 | 70,757 | |
U.S. Treasury 1.75% 2024 | 20,000 | 19,562 | |
U.S. Treasury 2.125% 2024 | 10,000 | 9,890 | |
U.S. Treasury 2.25% 2024 | 3,122 | 3,094 | |
U.S. Treasury 0.25% 2025 | 32,540 | 29,835 | |
U.S. Treasury 0.25% 2025 | 32,594 | 29,822 | |
U.S. Treasury 0.375% 2025 | 30,500 | 28,296 | |
U.S. Treasury 2.625% 2025 | 799 | 793 | |
U.S. Treasury 0.75% 2026 | 37,124 | 34,041 | |
U.S. Treasury 0.75% 2026 | 24,373 | 22,178 | |
U.S. Treasury 0.875% 2026 | 5,558 | 5,076 | |
U.S. Treasury 1.125% 2026 | 1,963 | 1,810 | |
U.S. Treasury 1.625% 2026 | 20,000 | 18,849 | |
U.S. Treasury 0.50% 2027 | 10,000 | 8,784 | |
U.S. Treasury 2.50% 2027 | 67,746 | 66,341 | |
U.S. Treasury 1.125% 2028 | 32,969 | 29,439 | |
U.S. Treasury 1.50% 2028 | 10,000 | 9,113 | |
U.S. Treasury 1.50% 2030 | 31,651 | 28,533 | |
U.S. Treasury 1.625% 2031 | 31,156 | 27,983 | |
U.S. Treasury 1.875% 2032 | 460,489 | 420,260 | |
U.S. Treasury 1.375% 204014 | 149,316 | 111,627 | |
U.S. Treasury 1.75% 2041 | 17,045 | 13,493 | |
U.S. Treasury 1.875% 2041 | 18,564 | 15,144 | |
U.S. Treasury 2.00% 2041 | 11,924 | 9,858 | |
U.S. Treasury 2.25% 2041 | 25,000 | 21,644 | |
U.S. Treasury 2.375% 2042 | 16,233 | 14,334 | |
U.S. Treasury 2.875% 2046 | 27,970 | 26,604 | |
U.S. Treasury 2.875% 2049 | 25,000 | 24,223 | |
U.S. Treasury 2.00% 2050 | 20,000 | 16,120 | |
U.S. Treasury 1.875% 205114 | 434,891 | 340,520 | |
U.S. Treasury 1.875% 2051 | 120,019 | 93,943 | |
U.S. Treasury 2.00% 205114 | 3,237 | 2,612 | |
U.S. Treasury 2.375% 2051 | 20,829 | 18,313 | |
U.S. Treasury 2.25% 205214 | 405,000 | 347,161 | |
2,128,331 |
The Income Fund of America — Page 35 of 54
unaudited
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes (continued) U.S. Treasury inflation-protected securities 1.26% | Principal amount (000) | Value (000) | |
U.S. Treasury Inflation-Protected Security 0.125% 202415 | USD277,196 | $288,588 | |
U.S. Treasury Inflation-Protected Security 0.125% 202415 | 10,392 | 10,781 | |
U.S. Treasury Inflation-Protected Security 0.50% 202415 | 122,327 | 127,644 | |
U.S. Treasury Inflation-Protected Security 0.625% 202415 | 92,383 | 96,469 | |
U.S. Treasury Inflation-Protected Security 0.125% 202515 | 284,755 | 294,680 | |
U.S. Treasury Inflation-Protected Security 0.125% 202515 | 171,352 | 177,213 | |
U.S. Treasury Inflation-Protected Security 0.25% 202515 | 28,979 | 30,120 | |
U.S. Treasury Inflation-Protected Security 0.375% 202515 | 140,831 | 147,317 | |
U.S. Treasury Inflation-Protected Security 0.125% 202615 | 166,515 | 171,407 | |
U.S. Treasury Inflation-Protected Security 0.125% 202615 | 52,419 | 54,171 | |
U.S. Treasury Inflation-Protected Security 0.125% 202615 | 31,139 | 32,093 | |
U.S. Treasury Inflation-Protected Security 0.625% 202615 | 9,614 | 10,107 | |
U.S. Treasury Inflation-Protected Security 0.25% 202915 | 4,713 | 4,856 | |
U.S. Treasury Inflation-Protected Security 0.875% 202915 | 67,397 | 72,143 | |
U.S. Treasury Inflation-Protected Security 0.125% 203115 | 41,648 | 42,303 | |
1,559,892 | |||
Total U.S. Treasury bonds & notes | 3,688,223 | ||
Mortgage-backed obligations 1.78% Federal agency mortgage-backed obligations 1.46% | |||
Fannie Mae Pool #932119 4.50% 202416 | 124 | 127 | |
Fannie Mae Pool #995265 5.50% 202416 | 5 | 5 | |
Fannie Mae Pool #AD8191 4.00% 202516 | 77 | 78 | |
Fannie Mae Pool #AD6392 4.50% 202516 | 103 | 106 | |
Fannie Mae Pool #AD3149 4.50% 202516 | 58 | 60 | |
Fannie Mae Pool #AD5692 4.50% 202516 | 52 | 53 | |
Fannie Mae Pool #AD6119 4.50% 202516 | 43 | 43 | |
Fannie Mae Pool #AI6180 4.00% 202616 | 39 | 39 | |
Fannie Mae Pool #AL2940 3.50% 202716 | 182 | 183 | |
Fannie Mae Pool #AL8347 4.00% 202916 | 220 | 224 | |
Fannie Mae Pool #BM1231 3.50% 203116 | 171 | 172 | |
Fannie Mae Pool #BJ5674 3.00% 203316 | 187 | 186 | |
Fannie Mae Pool #MA3541 4.00% 203316 | 169 | 173 | |
Fannie Mae Pool #BJ6249 4.00% 203316 | 163 | 167 | |
Fannie Mae Pool #254767 5.50% 203316 | 119 | 126 | |
Fannie Mae Pool #MA3611 4.00% 203416 | 69 | 71 | |
Fannie Mae Pool #BN1085 4.00% 203416 | 9 | 9 | |
Fannie Mae Pool #735228 5.50% 203516 | 104 | 110 | |
Fannie Mae Pool #AS8554 3.00% 203616 | 12,365 | 11,953 | |
Fannie Mae Pool #BE4703 3.00% 203616 | 612 | 593 | |
Fannie Mae Pool #888795 5.50% 203616 | 682 | 726 | |
Fannie Mae Pool #256308 6.00% 203616 | 169 | 187 | |
Fannie Mae Pool #878099 6.00% 203616 | 129 | 140 | |
Fannie Mae Pool #880426 6.00% 203616 | 59 | 62 | |
Fannie Mae Pool #888637 6.00% 203716 | 1,060 | 1,172 | |
Fannie Mae Pool #936999 6.00% 203716 | 350 | 376 | |
Fannie Mae Pool #950991 6.00% 203716 | 321 | 347 | |
Fannie Mae Pool #945832 6.50% 203716 | 90 | 98 | |
Fannie Mae Pool #941315 6.50% 203716 | 28 | 30 | |
Fannie Mae Pool #995674 6.00% 203816 | 595 | 659 | |
Fannie Mae Pool #929964 6.00% 203816 | 368 | 406 | |
Fannie Mae Pool #AE0967 3.50% 203916 | 95 | 94 | |
Fannie Mae Pool #932274 4.50% 203916 | 5,556 | 5,798 |
The Income Fund of America — Page 36 of 54
unaudited
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Fannie Mae Pool #AC0479 6.00% 203916 | USD294 | $322 | |
Fannie Mae Pool #AE0443 6.50% 203916 | 125 | 136 | |
Fannie Mae Pool #AE4483 4.00% 204016 | 1,325 | 1,339 | |
Fannie Mae Pool #AE8073 4.00% 204016 | 122 | 124 | |
Fannie Mae Pool #AD4927 5.00% 204016 | 1,449 | 1,536 | |
Fannie Mae Pool #MA4387 2.00% 204116 | 13,178 | 11,843 | |
Fannie Mae Pool #AE0828 3.50% 204116 | 39 | 38 | |
Fannie Mae Pool #AB4050 4.00% 204116 | 223 | 227 | |
Fannie Mae Pool #AJ4189 4.00% 204116 | 138 | 140 | |
Fannie Mae Pool #AJ4154 4.00% 204116 | 118 | 120 | |
Fannie Mae Pool #AJ0257 4.00% 204116 | 44 | 44 | |
Fannie Mae Pool #AB2470 4.50% 204116 | 19 | 20 | |
Fannie Mae Pool #AI8482 5.00% 204116 | 64 | 68 | |
Fannie Mae Pool #AI3422 5.00% 204116 | 61 | 65 | |
Fannie Mae Pool #AI5571 5.00% 204116 | 55 | 58 | |
Fannie Mae Pool #AI4836 5.00% 204116 | 48 | 51 | |
Fannie Mae Pool #AB5377 3.50% 204216 | 13,307 | 13,160 | |
Fannie Mae Pool #AO9140 3.50% 204216 | 4,624 | 4,572 | |
Fannie Mae Pool #AL2745 4.00% 204216 | 938 | 954 | |
Fannie Mae Pool #890407 4.00% 204216 | 323 | 329 | |
Fannie Mae Pool #AU3742 3.50% 204316 | 9,013 | 8,896 | |
Fannie Mae Pool #AU8813 4.00% 204316 | 1,701 | 1,740 | |
Fannie Mae Pool #AU9348 4.00% 204316 | 1,257 | 1,286 | |
Fannie Mae Pool #AU9350 4.00% 204316 | 978 | 995 | |
Fannie Mae Pool #AL8354 3.50% 204516 | 5,035 | 4,977 | |
Fannie Mae Pool #FM2795 3.00% 204616 | 17,149 | 16,387 | |
Fannie Mae Pool #AS8310 3.00% 204616 | 1,725 | 1,654 | |
Fannie Mae Pool #FM5245 3.50% 204616 | 49,076 | 48,413 | |
Fannie Mae Pool #BC0157 3.50% 204616 | 22,380 | 22,070 | |
Fannie Mae Pool #AL8522 3.50% 204616 | 10,742 | 10,610 | |
Fannie Mae Pool #BM1179 3.00% 204716 | 2,091 | 2,005 | |
Fannie Mae Pool #CA0854 3.50% 204716 | 6,530 | 6,416 | |
Fannie Mae Pool #CA0770 3.50% 204716 | 352 | 346 | |
Fannie Mae Pool #BM4413 4.50% 204716 | 4,124 | 4,246 | |
Fannie Mae Pool #947661 6.50% 204716 | 35 | 35 | |
Fannie Mae Pool #947554 7.00% 204716 | 136 | 148 | |
Fannie Mae Pool #920015 7.00% 204716 | 80 | 86 | |
Fannie Mae Pool #257036 7.00% 204716 | 9 | 10 | |
Fannie Mae Pool #BF0293 3.00% 204816 | 10,382 | 9,922 | |
Fannie Mae Pool #BF0318 3.50% 204816 | 8,582 | 8,442 | |
Fannie Mae Pool #FM1784 4.00% 204816 | 8,764 | 8,830 | |
Fannie Mae Pool #CA1542 4.00% 204816 | 6,307 | 6,374 | |
Fannie Mae Pool #CA4756 3.00% 204916 | 24,525 | 23,271 | |
Fannie Mae Pool #CA3807 3.00% 204916 | 1,928 | 1,833 | |
Fannie Mae Pool #CA3806 3.00% 204916 | 1,259 | 1,198 | |
Fannie Mae Pool #CA4112 3.50% 204916 | 41,488 | 40,807 | |
Fannie Mae Pool #CA4804 3.50% 204916 | 41,194 | 40,339 | |
Fannie Mae Pool #CA3814 3.50% 204916 | 36,554 | 35,954 | |
Fannie Mae Pool #CA4802 3.50% 204916 | 31,386 | 30,807 | |
Fannie Mae Pool #FM2318 3.50% 204916 | 21,838 | 21,386 | |
Fannie Mae Pool #FM2092 3.50% 204916 | 15,368 | 15,050 | |
Fannie Mae Pool #FM1954 3.50% 204916 | 5,434 | 5,297 | |
Fannie Mae Pool #FM1589 3.50% 204916 | 3,509 | 3,423 | |
Fannie Mae Pool #CA3976 4.00% 204916 | 65,145 | 65,637 |
The Income Fund of America — Page 37 of 54
unaudited
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Fannie Mae Pool #CA3184 4.00% 204916 | USD11,468 | $11,581 | |
Fannie Mae Pool #CA4432 4.00% 204916 | 7,344 | 7,400 | |
Fannie Mae Pool #FM1668 4.00% 204916 | 6,253 | 6,300 | |
Fannie Mae Pool #CA8285 3.00% 205016 | 3,342 | 3,180 | |
Fannie Mae Pool #CB2319 2.50% 205116 | 5,148 | 4,713 | |
Fannie Mae Pool #CB2375 2.50% 205116 | 5,056 | 4,623 | |
Fannie Mae Pool #CB2372 2.50% 205116 | 2,487 | 2,277 | |
Fannie Mae Pool #BT9483 2.50% 205116 | 2,465 | 2,258 | |
Fannie Mae Pool #BT9510 2.50% 205116 | 1,975 | 1,810 | |
Fannie Mae Pool #CA9302 3.00% 205116 | 63,490 | 60,577 | |
Fannie Mae Pool #CA8968 3.00% 205116 | 40,394 | 38,265 | |
Fannie Mae Pool #BQ4562 3.00% 205116 | 13,612 | 12,895 | |
Fannie Mae Pool #CA8969 3.00% 205116 | 4,545 | 4,303 | |
Fannie Mae Pool #BF0167 3.00% 205716 | 961 | 921 | |
Fannie Mae Pool #BF0145 3.50% 205716 | 17,252 | 16,970 | |
Fannie Mae Pool #BF0264 3.50% 205816 | 14,722 | 14,481 | |
Fannie Mae Pool #BF0332 3.00% 205916 | 77,982 | 74,719 | |
Fannie Mae, Series 2001-4, Class GA, 9.00% 202511,16 | —5 | —5 | |
Fannie Mae, Series 2001-4, Class NA, 9.00% 202511,16 | —5 | —5 | |
Fannie Mae, Series 2007-33, Class HE, 5.50% 203716 | 1,138 | 1,215 | |
Fannie Mae, Series 2007-24, Class P, 6.00% 203716 | 515 | 560 | |
Fannie Mae, Series 2001-T10, Class A1, 7.00% 204116 | 126 | 134 | |
Fannie Mae, Series 2001-50, Class BA, 7.00% 204116 | 114 | 122 | |
Fannie Mae, Series 2002-W3, Class A5, 7.50% 204116 | 99 | 111 | |
Fannie Mae, Series 2002-W1, Class 2A, 5.056% 204211,16 | 253 | 257 | |
Fannie Mae, Series 2012-M14, Class A2, Multi Family, 2.301% 202211,16 | 1,290 | 1,292 | |
Fannie Mae, Series 2013-M14, Class A2, Multi Family, 3.329% 202311,16 | 4,414 | 4,412 | |
Fannie Mae, Series 2014-M2, Class A2, Multi Family, 3.513% 202311,16 | 3,845 | 3,879 | |
Fannie Mae, Series 2014-M9, Class A2, Multi Family, 3.103% 202411,16 | 5,809 | 5,791 | |
Fannie Mae, Series 2014-M3, Class A2, Multi Family, 3.501% 202411,16 | 2,788 | 2,798 | |
Fannie Mae, Series 2017-M3, Class A2, Multi Family, 2.557% 202611,16 | 13,448 | 13,062 | |
Freddie Mac Pool #J38387 3.00% 203316 | 36 | 35 | |
Freddie Mac Pool #G04805 4.50% 203516 | 2,955 | 3,087 | |
Freddie Mac Pool #K93766 3.00% 203616 | 455 | 441 | |
Freddie Mac Pool #K93772 3.00% 203616 | 379 | 367 | |
Freddie Mac Pool #G04553 6.50% 203816 | 309 | 334 | |
Freddie Mac Pool #G08353 4.50% 203916 | 236 | 246 | |
Freddie Mac Pool #A87892 5.00% 203916 | 679 | 718 | |
Freddie Mac Pool #A87873 5.00% 203916 | 248 | 263 | |
Freddie Mac Pool #G05937 4.50% 204016 | 5,470 | 5,711 | |
Freddie Mac Pool #A97342 4.00% 204116 | 145 | 145 | |
Freddie Mac Pool #Q02849 4.50% 204116 | 317 | 328 | |
Freddie Mac Pool #Q02676 4.50% 204116 | 319 | 326 | |
Freddie Mac Pool #Q01746 4.50% 204116 | 153 | 158 | |
Freddie Mac Pool #A96488 5.00% 204116 | 21 | 22 | |
Freddie Mac Pool #G07221 4.50% 204216 | 913 | 954 | |
Freddie Mac Pool #G07189 4.50% 204216 | 501 | 524 | |
Freddie Mac Pool #Q23190 4.00% 204316 | 1,526 | 1,553 | |
Freddie Mac Pool #Q23185 4.00% 204316 | 1,261 | 1,291 | |
Freddie Mac Pool #Z40130 3.00% 204616 | 5,994 | 5,783 | |
Freddie Mac Pool #G60559 4.00% 204616 | 7,527 | 7,617 | |
Freddie Mac Pool #V82662 4.00% 204616 | 5,168 | 5,216 | |
Freddie Mac Pool #Q44400 4.00% 204616 | 4,700 | 4,747 | |
Freddie Mac Pool #Q41909 4.50% 204616 | 1,530 | 1,578 |
The Income Fund of America — Page 38 of 54
unaudited
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Freddie Mac Pool #Q41090 4.50% 204616 | USD814 | $845 | |
Freddie Mac Pool #G61733 3.00% 204716 | 7,455 | 7,148 | |
Freddie Mac Pool #ZS4747 3.50% 204716 | 16,202 | 15,907 | |
Freddie Mac Pool #ZS4735 3.50% 204716 | 143 | 141 | |
Freddie Mac Pool #G61628 3.50% 204816 | 766 | 753 | |
Freddie Mac Pool #SD0045 4.50% 204816 | 21,371 | 22,086 | |
Freddie Mac Pool #Q63663 3.00% 204916 | 5,620 | 5,333 | |
Freddie Mac Pool #QA5125 3.50% 204916 | 22,260 | 21,848 | |
Freddie Mac Pool #SD7508 3.50% 204916 | 16,543 | 16,237 | |
Freddie Mac Pool #SD7503 3.50% 204916 | 4,152 | 4,067 | |
Freddie Mac Pool #RA1744 4.00% 204916 | 28,520 | 28,737 | |
Freddie Mac Pool #ZN3568 4.50% 204916 | 8 | 8 | |
Freddie Mac Pool #SD7528 2.00% 205016 | 24,419 | 21,646 | |
Freddie Mac Pool #RA2596 2.50% 205016 | 16,130 | 14,855 | |
Freddie Mac Pool #QD3220 2.50% 205116 | 32,084 | 29,423 | |
Freddie Mac Pool #SD7545 2.50% 205116 | 4,526 | 4,154 | |
Freddie Mac Pool #RA6483 2.50% 205116 | 4,405 | 4,027 | |
Freddie Mac Pool #RA5971 3.00% 205116 | 30,372 | 28,814 | |
Freddie Mac Pool #QB9889 3.00% 205116 | 11,042 | 10,460 | |
Freddie Mac, Series 3257, Class PA, 5.50% 203616 | 1,177 | 1,264 | |
Freddie Mac, Series 3286, Class JN, 5.50% 203716 | 888 | 929 | |
Freddie Mac, Series 3318, Class JT, 5.50% 203716 | 495 | 527 | |
Freddie Mac, Series K036, Class A1, Multi Family, 2.777% 202316 | 2,306 | 2,308 | |
Freddie Mac, Series K733, Class A2, Multi Family, 3.75% 202511,16 | 5,913 | 6,023 | |
Freddie Mac, Series K734, Class A2, Multi Family, 3.208% 202616 | 11,055 | 11,038 | |
Freddie Mac, Series K066, Class A2, Multi Family, 3.117% 202716 | 6,340 | 6,324 | |
Freddie Mac, Series K067, Class A2, Multi Family, 3.194% 202716 | 7,695 | 7,665 | |
Freddie Mac, Series K076, Class A2, Multi Family, 3.90% 202816 | 4,164 | 4,293 | |
Freddie Mac, Series K143, Class A2, Multi Family, 2.35% 203216 | 35,930 | 32,709 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 205616 | 7,851 | 7,708 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 205611,16 | 7,787 | 7,602 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 205611,16 | 7,178 | 7,011 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class MA, 3.00% 205616 | 1,025 | 1,006 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HA, 3.25% 205611,16 | 7,287 | 7,125 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 205711,16 | 1,913 | 1,865 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 205716 | 1,587 | 1,558 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class M45T, 4.50% 205716 | 3,457 | 3,517 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.50% 205816 | 9,488 | 9,443 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-4, Class MA, 3.00% 205916 | 5,476 | 5,370 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 202816 | 2,744 | 2,784 | |
Government National Mortgage Assn. 2.00% 205216,17 | 64,175 | 58,121 | |
Government National Mortgage Assn. 2.50% 205216,17 | 6,127 | 5,685 | |
Government National Mortgage Assn. 2.50% 205216,17 | 4,314 | 3,994 | |
Government National Mortgage Assn. 3.00% 205216,17 | 48,032 | 45,792 | |
Government National Mortgage Assn. 3.00% 205216,17 | 41,968 | 39,920 | |
Government National Mortgage Assn. 4.00% 205216,17 | 7,577 | 7,590 | |
Government National Mortgage Assn. 4.50% 205216,17 | 20,836 | 21,243 | |
Government National Mortgage Assn. 4.50% 205216,17 | 16,130 | 16,305 |
The Income Fund of America — Page 39 of 54
unaudited
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Government National Mortgage Assn. Pool #783687 4.50% 204116 | USD368 | $382 | |
Government National Mortgage Assn. Pool #BD3903 4.00% 204816 | 6,001 | 6,091 | |
Government National Mortgage Assn. Pool #MA5192 4.00% 204816 | 4,877 | 4,922 | |
Government National Mortgage Assn. Pool #BE3194 4.00% 204816 | 1,372 | 1,386 | |
Uniform Mortgage-Backed Security 2.00% 205216,17 | 114,999 | 101,099 | |
Uniform Mortgage-Backed Security 2.50% 205216,17 | 57,577 | 52,321 | |
Uniform Mortgage-Backed Security 2.50% 205216,17 | 27,548 | 25,081 | |
Uniform Mortgage-Backed Security 3.00% 205216,17 | 85,062 | 80,055 | |
Uniform Mortgage-Backed Security 3.50% 205216,17 | 80,677 | 78,075 | |
Uniform Mortgage-Backed Security 4.00% 205216,17 | 39,912 | 39,574 | |
Uniform Mortgage-Backed Security 4.00% 205216,17 | 43 | 43 | |
Uniform Mortgage-Backed Security 4.50% 205216,17 | 1,132 | 1,146 | |
1,804,342 | |||
Commercial mortgage-backed securities 0.20% | |||
Bank Commercial Mortgage Trust, Series 2019-BN17, Class A4, 3.714% 205216 | 240 | 236 | |
Bank Commercial Mortgage Trust, Series 2019-BN16, Class A4, 4.005% 205216 | 1,810 | 1,814 | |
Bank Commercial Mortgage Trust, Series 2019-BN19, Class A3, 3.183% 206116 | 2,403 | 2,277 | |
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A4, 3.428% 206116 | 310 | 299 | |
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A5, 3.688% 206116 | 480 | 473 | |
Bank Commercial Mortgage Trust, Series 2018-BN12, Class A4, 4.255% 206111,16 | 5,772 | 5,852 | |
Bank Commercial Mortgage Trust, Series 2020-BN26, Class A4, 2.403% 206316 | 3,772 | 3,366 | |
Bank Commercial Mortgage Trust, Series 2022-BNK40, Class A4, 3.051% 206411,16 | 4,590 | 4,413 | |
Benchmark Mortgage Trust, Series 2018-B8, Class A5, 4.232% 205216 | 5,996 | 6,067 | |
Benchmark Mortgage Trust, Series 2020-B17, Class A5, 2.289% 205316 | 3,146 | 2,785 | |
Benchmark Mortgage Trust, Series 2018-B7, Class A4, 4.51% 205311,16 | 1,844 | 1,903 | |
BX Trust, Series 2021-SDMF, Class A, (1-month USD-LIBOR + 0.589%) 1.143% 20348,11,16 | 9,923 | 9,608 | |
BX Trust, Series 2021-VOLT, Class A, (1-month USD-LIBOR + 0.70%) 1.254% 20368,11,16 | 7,624 | 7,472 | |
BX Trust, Series 2021-ARIA, Class A, (1-month USD-LIBOR + 0.899%) 1.453% 20368,11,16 | 11,621 | 11,348 | |
BX Trust, Series 2021-VOLT, Class B, (1-month USD-LIBOR + 0.95%) 1.504% 20368,11,16 | 220 | 215 | |
BX Trust, Series 2021-ARIA, Class B, (1-month USD-LIBOR + 1.297%) 1.851% 20368,11,16 | 9,946 | 9,704 | |
BX Trust, Series 2022-IND, Class A, (1-month USD CME Term SOFR + 1.491%) 1.841% 20378,11,16 | 10,620 | 10,627 | |
BX Trust, Series 2021-SOAR, Class A, (1-month USD-LIBOR + 0.67%) 1.224% 20388,11,16 | 11,596 | 11,317 | |
BX Trust, Series 2021-ACNT, Class A, (1-month USD-LIBOR + 0.85%) 1.405% 20388,11,16 | 10,508 | 10,315 | |
BX Trust, Series 2021-SOAR, Class B, (1-month USD-LIBOR + 0.87%) 1.424% 20388,11,16 | 2,042 | 1,991 | |
BX Trust, Series 2021-SOAR, Class C, (1-month USD-LIBOR + 1.10%) 1.654% 20388,11,16 | 1,843 | 1,793 | |
Citigroup Commercial Mortgage Trust, Series 2016-C1, Class AS, 3.514% 204916 | 350 | 340 | |
Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 204916 | 1,440 | 1,426 | |
Commercial Mortgage Trust, Series 2013-LC13, Class B, 5.009% 20468,11,16 | 668 | 672 | |
Commercial Mortgage Trust, Series 2014-LC15, Class AM, 4.198% 204716 | 550 | 551 | |
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class C, 4.712% 204811,16 | 437 | 420 | |
CSAIL Commercial Mortgage Trust, Series 2015-C1, Class B, 4.044% 205011,16 | 450 | 426 | |
Deutsche Bank Commercial Mortgage Trust, Series 2016-C1, Class AM, 3.539% 204916 | 400 | 390 | |
Extended Stay America Trust, Series 2021-ESH, Class A, (1-month USD-LIBOR + 1.08%) 1.635% 20388,11,16 | 4,485 | 4,430 | |
Extended Stay America Trust, Series 2021-ESH, Class B, (1-month USD-LIBOR + 1.38%) 1.935% 20388,11,16 | 4,094 | 4,044 | |
Extended Stay America Trust, Series 2021-ESH, Class C, (1-month USD-LIBOR + 1.70%) 2.255% 20388,11,16 | 4,276 | 4,217 | |
Extended Stay America Trust, Series 2021-ESH, Class D, (1-month USD-LIBOR + 2.25%) 2.805% 20388,11,16 | 1,876 | 1,846 | |
GS Mortgage Securities Trust, Series 2017-GS7, Class A4, 3.43% 205016 | 940 | 921 | |
GS Mortgage Securities Trust, Series 2019-GC38, Class A4, 3.968% 205216 | 240 | 240 |
The Income Fund of America — Page 40 of 54
unaudited
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Commercial mortgage-backed securities (continued) | Principal amount (000) | Value (000) | |
GS Mortgage Securities Trust, Series 2020-GC47, Class A5, 2.377% 205316 | USD6,571 | $5,876 | |
JPMBB Commercial Mortgage Securities Trust, Series 2014-C18, Class A5, 4.079% 204716 | 7,735 | 7,776 | |
JPMDB Commercial Mortgage Securities Trust, Series 2017-C5, Class A5, 3.694% 205016 | 1,510 | 1,498 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2018-BCON, Class A, 3.735% 20318,16 | 1,850 | 1,855 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class A, 3.024% 20398,16 | 3,928 | 3,737 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.377% 20398,16 | 1,735 | 1,629 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.45% 20398,11,16 | 1,569 | 1,442 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2021-410T, Class A, 2.287% 20428,16 | 4,858 | 4,399 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2016-JP4, Class A4, 3.648% 204911,16 | 4,810 | 4,769 | |
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class A, (1-month USD-LIBOR + 1.05%) 1.604% 20388,11,16 | 5,935 | 5,825 | |
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class B, (1-month USD-LIBOR + 1.40%) 1.954% 20388,11,16 | 2,856 | 2,816 | |
Manhattan West Mortgage Trust, Series 2020-1MW, Class A, 2.13% 20398,16 | 15,628 | 14,158 | |
MHC Commercial Mortgage Trust, CMO, Series 2021-MHC, Class A, (1-month USD-LIBOR + 0.801%) 1.355% 20268,11,16 | 6,365 | 6,250 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C17, Class A5, 3.741% 204716 | 4,811 | 4,794 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class A-4, 3.306% 204816 | 960 | 943 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2016-C32, Class A-4, 3.72% 204916 | 580 | 577 | |
Morgan Stanley Capital I Trust, Series 2015-UBS8, Class AS, 4.114% 204816 | 1,550 | 1,532 | |
Morgan Stanley Capital I Trust, Series 2016-UBS9, Class C, 4.761% 204911,16 | 446 | 426 | |
SLG Office Trust, Series 2021-OVA, Class A, 2.585% 20418,16 | 5,645 | 5,036 | |
SREIT Trust, Series 2021-MFP, Class A, (1-month USD-LIBOR + 0.731%) 1.285% 20388,11,16 | 9,616 | 9,440 | |
Storagemart Commercial Mortgage Trust, Series 2022-MINI, Class A, (1-month USD CME Term SOFR + 1.00%) 1.522% 20398,11,16 | 19,555 | 19,291 | |
Wells Fargo Commercial Mortgage Trust, Series 2015-SG1, Class A-4, 3.789% 204816 | 5,698 | 5,656 | |
Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class C, 4.22% 204811,16 | 470 | 454 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-C34, Class AS, 3.484% 204916 | 185 | 175 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-C37, Class A5, 3.794% 204916 | 6,015 | 5,985 | |
Wells Fargo Commercial Mortgage Trust, Series 2019-C54, Class A4, 3.146% 205216 | 2,405 | 2,261 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-NXS5, Class AS, 3.988% 205916 | 500 | 494 | |
Wells Fargo Commercial Mortgage Trust, Series 2017-RC1, Class A4, 3.631% 206016 | 480 | 473 | |
243,365 | |||
Collateralized mortgage-backed obligations (privately originated) 0.12% | |||
Arroyo Mortgage Trust, Series 2021-1R, Class A1, 1.175% 20488,11,16 | 3,761 | 3,521 | |
Arroyo Mortgage Trust, Series 2020-1, Class A1A, 1.662% 20558,16 | 488 | 472 | |
Bellemeade Re, Ltd., Series 2019-3A, Class M1B, (1-month USD-LIBOR + 1.60%) 2.268% 20298,11,16 | 5,398 | 5,395 | |
BRAVO Residential Funding Trust, Series 2020-RPL2, Class A1, 2.00% 20598,11,16 | 2,469 | 2,324 | |
BRAVO Residential Funding Trust, Series 2020-RPL1, Class A1, 2.50% 20598,11,16 | 1,739 | 1,686 | |
BRAVO Residential Funding Trust, Series 2022-R1, Class A, 3.125% 2070 (6.125% on 1/29/2025)8,12,16 | 6,421 | 6,044 | |
Cascade Funding Mortgage Trust, Series 2020-HB4, Class A, 0.946% 20308,11,16 | 985 | 976 | |
Cascade Funding Mortgage Trust, Series 2018-RM2, Class A, 4.00% 20688,11,16 | 1,422 | 1,411 | |
Citigroup Mortgage Loan Trust, Inc., Series 2020-EXP1, Class A1A, 1.804% 20608,11,16 | 647 | 619 | |
COLT Funding, LLC, Series 2021-5, Class A1, 1.726% 20668,11,16 | 5,155 | 4,907 | |
Connecticut Avenue Securities, Series 2021-R01, Class 1M1, (30-day Average USD-SOFR + 0.75%) 1.039% 20418,11,16 | 1,094 | 1,082 | |
Countrywide Alternative Loan Trust, Series 2005-54CB, Class 2A5, 5.50% 203516 | 1,800 | 1,238 | |
Countrywide Alternative Loan Trust, Series 2007-HY4, Class 3A1, 2.624% 204711,16 | 1,107 | 983 | |
Credit Suisse Mortgage Trust, Series 2020-NET, Class A, 2.257% 20378,16 | 10,728 | 10,079 | |
Credit Suisse Mortgage Trust, Series 2017-RPL3, Class A1, 2.00% 20608,11,16 | 6,418 | 6,193 | |
CS First Boston Mortgage Securities Corp., Series 2004-5, Class IVA1, 6.00% 203416 | 328 | 326 |
The Income Fund of America — Page 41 of 54
unaudited
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Collateralized mortgage-backed obligations (privately originated) (continued) | Principal amount (000) | Value (000) | |
Finance of America Structured Securities Trust, Series 2019-JR2, Class A1, 2.00% 20698,16 | USD6,774 | $7,282 | |
Finance of America Structured Securities Trust, Series 2019-JR1, Class A, 2.00% 20698,16 | 6,652 | 6,753 | |
Finance of America Structured Securities Trust, Series 2019-JR4, Class A, 2.00% 20698,16 | 2,269 | 2,265 | |
Finance of America Structured Securities Trust, Series 2019-JR3, Class A, 2.00% 20698,16 | 2,056 | 2,148 | |
Flagstar Mortgage Trust, Series 2021-11INV, Class A4, 2.50% 20518,11,16 | 7,823 | 6,953 | |
Flagstar Mortgage Trust, Series 2021-5INV, Class A2, 2.50% 20518,11,16 | 7,324 | 6,510 | |
Flagstar Mortgage Trust, Series 2021-8INV, Class A3, 2.50% 20518,11,16 | 7,072 | 6,269 | |
Flagstar Mortgage Trust, Series 2021-6INV, Class A4, 2.50% 20518,11,16 | 6,863 | 6,100 | |
Flagstar Mortgage Trust, Series 2021-10INV, Class A3, 2.50% 20518,11,16 | 3,089 | 2,727 | |
Home Partners of America Trust, Series 2021-2, Class A, 1.901% 20268,16 | 6,625 | 6,059 | |
Hundred Acre Wood Trust, Series 2021-INV1, Class A3, 2.50% 20518,11,16 | 1,362 | 1,210 | |
IndyMac INDX Mortgage Loan Trust, Series 2006-AR5, Class 2A1, 3.201% 203611,16 | 1,534 | 1,546 | |
JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class A5, 3.409% 205016 | 560 | 547 | |
JPMorgan Mortgage Trust, Series 2020-INV1, Class A3, 3.50% 20508,11,16 | 719 | 694 | |
Legacy Mortgage Asset Trust, Series 2019-GS5, Class A1, 3.20% 20598,11,16 | 2,445 | 2,445 | |
Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.75% 20618,11,16 | 1,244 | 1,184 | |
Mello Warehouse Securitization Trust, Series 2021-3, Class A, (1-month USD-LIBOR + 0.85%) 1.518% 20558,11,16 | 6,060 | 5,979 | |
MRA Issuance Trust, Series 2020-10, Class A3, (1-month USD-LIBOR + 1.30%) 1.755% 20228,11,16 | 7,271 | 7,216 | |
Progress Residential Trust, Series 2022-SFR3, Class A, 3.20% 20398,16 | 2,750 | 2,630 | |
Sequoia Mortgage Trust, Series 2018-CH1, Class A1, 4.00% 20488,11,16 | 244 | 240 | |
Structured Adjustable Rate Mortgage Loan Trust, Series 2006-4, Class 6A, 3.231% 203611,16 | 1,234 | 947 | |
Treehouse Park Improvement Association No.1 - Anleihen 9.75% 20331,4,8 | 10,004 | 9,338 | |
VM Fund I, LLC 8.625% 20281,4,8 | 18,516 | 18,239 | |
ZH Trust, Series 2021-2, Class A, 2.349% 20278,16 | 221 | 220 | |
152,757 | |||
Total mortgage-backed obligations | 2,200,464 | ||
Asset-backed obligations 0.99% | |||
Aesop Funding LLC, Series 2017-2A, Class A, 2.97% 20248,16 | 2,880 | 2,887 | |
Aesop Funding LLC, Series 2018-1A, Class A, 3.70% 20248,16 | 1,671 | 1,677 | |
Aesop Funding LLC, Series 2018-2A, Class A, 4.00% 20258,16 | 9,400 | 9,446 | |
Aesop Funding LLC, Series 2019-3A, Class A, 2.36% 20268,16 | 3,125 | 3,013 | |
Aesop Funding LLC, Series 2020-1A, Class D, 3.34% 20268,16 | 8,500 | 7,708 | |
Aesop Funding LLC, Series 2021-1A, Class A, 1.38% 20278,16 | 32,806 | 29,561 | |
Aesop Funding LLC, Series 2021-1A, Class B, 1.63% 20278,16 | 1,699 | 1,523 | |
Aesop Funding LLC, Series 2020-2, Class A, 2.02% 20278,16 | 5,663 | 5,307 | |
Aesop Funding LLC, Series 2021-1A, Class C, 2.13% 20278,16 | 551 | 492 | |
Aesop Funding LLC, Series 2020-2A, Class B, 2.96% 20278,16 | 1,453 | 1,391 | |
Aesop Funding LLC, Series 2021-1A, Class D, 3.71% 20278,16 | 5,000 | 4,554 | |
Aesop Funding LLC, Series 2020-2A, Class C, 4.25% 20278,16 | 4,605 | 4,530 | |
Affirm Asset Securitization Trust, Series 2021-Z2, Class A, 1.17% 20268,16 | 2,434 | 2,367 | |
Allegro CLO, Ltd., Series 2016-1A, Class AR2, (3-month USD-LIBOR + 0.95%) 1.994% 20308,11,16 | 9,519 | 9,500 | |
Allegro CLO, Ltd., Series 2017-1A, Class AR, (3-month USD-LIBOR + 0.95%) 1.994% 20308,11,16 | 6,543 | 6,497 | |
American Credit Acceptance Receivables Trust, Series 2020-3, Class B, 1.15% 20248,16 | 96 | 96 | |
American Credit Acceptance Receivables Trust, Series 2020-3, Class C, 1.85% 20268,16 | 5,529 | 5,509 | |
American Credit Acceptance Receivables Trust, Series 2021-1, Class C, 0.83% 20278,16 | 2,183 | 2,143 | |
American Credit Acceptance Receivables Trust, Series 2021-3, Class C, 0.98% 20278,16 | 6,741 | 6,495 | |
American Credit Acceptance Receivables Trust, Series 2021-1, Class D, 1.14% 20278,16 | 1,201 | 1,148 | |
American Credit Acceptance Receivables Trust, Series 2021-3, Class D, 1.34% 20278,16 | 4,290 | 4,036 | |
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class B, 0.69% 202716 | 3,042 | 2,892 | |
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class C, 1.01% 202716 | 3,382 | 3,176 |
The Income Fund of America — Page 42 of 54
unaudited
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class D, 1.29% 202716 | USD7,972 | $7,421 | |
Ares CLO, Ltd., Series 2017-42A, Class AR, (3-month USD-LIBOR + 0.92%) 2.056% 20288,11,16 | 12,147 | 12,115 | |
Ballyrock CLO, Ltd., Series 2019-2A, Class A1AR, (3-month USD-LIBOR + 1.00%) 1.48% 20308,11,16 | 14,610 | 14,497 | |
Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 20338,16 | 1,107 | 1,048 | |
Blackbird Capital II Aircraft Lease, Ltd. / Blackbird Capital II Aircraft Lease US, LLC, Series 2021-1, Class A, 2.443% 20468,16 | 8,959 | 7,981 | |
Blackbird Capital II Aircraft Lease, Ltd. / Blackbird Capital II Aircraft Lease US, LLC, Series 2021-1, Class B, 3.446% 20468,16 | 1,354 | 1,137 | |
CarMaxAuto Owner Trust, Series 2019-2, Class C, 3.16% 202516 | 450 | 451 | |
CarMaxAuto Owner Trust, Series 2021-1, Class C, 0.94% 202616 | 313 | 290 | |
CarMaxAuto Owner Trust, Series 2021-1, Class D, 1.28% 202716 | 307 | 285 | |
Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.72% 202816 | 1,363 | 1,318 | |
Carvana Auto Receivables Trust, Series 2021-N4, Class A2, 1.80% 202816 | 1,948 | 1,830 | |
Castlelake Aircraft Securitization Trust, Series 2021-1, Class A, 2.868% 20378,16 | 12,592 | 11,396 | |
Castlelake Aircraft Securitization Trust, Series 2021-1, Class C, 3.464% 20378,16 | 7,672 | 7,087 | |
Castlelake Aircraft Securitization Trust, Series 2021-1, Class C, 6.171% 20378,16 | 14,768 | 12,896 | |
Castlelake Aircraft Securitization Trust, Series 2017-1R, Class A, 2.741% 20418,16 | 2,986 | 2,619 | |
Cent CLO, Ltd., Series 2014-21A, Class AR, (3-month USD-LIBOR + 0.97%) 2.195% 20308,11,16 | 20,704 | 20,581 | |
CF Hippolyta LLC, Series 2020-1, Class A1, 1.69% 20608,16 | 24,519 | 22,765 | |
CF Hippolyta LLC, Series 2020-1, Class A2, 1.99% 20608,16 | 6,017 | 5,388 | |
CF Hippolyta LLC, Series 2020-1, Class B1, 2.28% 20608,16 | 8,259 | 7,700 | |
CF Hippolyta LLC, Series 2020-1, Class B2, 2.60% 20608,16 | 902 | 813 | |
CF Hippolyta LLC, Series 2021-1, Class A1, 1.53% 20618,16 | 15,433 | 14,070 | |
CF Hippolyta LLC, Series 2021-1, Class B1, 1.98% 20618,16 | 5,609 | 5,156 | |
CLI Funding VI, LLC, Series 2020-2A, Class A, 2.03% 20458,16 | 3,869 | 3,552 | |
CLI Funding VI, LLC, Series 2020-3A, Class A, 2.07% 20458,16 | 10,279 | 9,456 | |
CLI Funding VI, LLC, Series 2020-1A, Class A, 2.08% 20458,16 | 1,612 | 1,479 | |
CLI Funding VIII, LLC, Series 2021-1A, Class A, 1.64% 20468,16 | 18,291 | 16,500 | |
CLI Funding VIII, LLC, Series 2021-1A, Class A, 2.38% 20468,16 | 710 | 640 | |
Cloud Pass-Through Trust, Series 2019-1A, Class CLOU, 3.554% 20228,11,16 | 19 | 19 | |
CPS Auto Receivables Trust, Series 2019-C, Class C, 2.84% 20258,16 | 1 | 1 | |
CPS Auto Receivables Trust, Series 2019-C, Class D, 3.17% 20258,16 | 1,575 | 1,582 | |
CPS Auto Receivables Trust, Series 2019-B, Class D, 3.69% 20258,16 | 2,595 | 2,606 | |
CPS Auto Receivables Trust, Series 2021-A, Class C, 0.83% 20268,16 | 1,036 | 1,014 | |
CPS Auto Receivables Trust, Series 2021-A, Class D, 1.16% 20268,16 | 883 | 842 | |
Credit Acceptance Auto Loan Trust, Series 2020-1A, Class A, 2.01% 20298,16 | 1,605 | 1,604 | |
CWHEQ Revolving Home Equity Loan Trust, Series 2006-I, Class 2A, FSA insured, (1-month USD-LIBOR + 0.14%) 0.694% 203711,16 | 321 | 306 | |
CWHEQ Revolving Home Equity Loan Trust, Series 2007-B, Class A, FSA insured, (1-month USD-LIBOR + 0.15%) 0.704% 203711,16 | 599 | 567 | |
Drive Auto Receivables Trust, Series 2021-1, Class B, 0.65% 202516 | 3,786 | 3,765 | |
Drive Auto Receivables Trust, Series 2019-3, Class C, 2.90% 202516 | 6,826 | 6,844 | |
Drive Auto Receivables Trust, Series 2019-2, Class C, 3.42% 202516 | 1,197 | 1,201 | |
Drive Auto Receivables Trust, Series 2019-3, Class D, 3.18% 202616 | 12,390 | 12,405 | |
Drive Auto Receivables Trust, Series 2021-1, Class C, 1.02% 202716 | 8,053 | 7,898 | |
Drive Auto Receivables Trust, Series 2021-1, Class D, 1.45% 202916 | 6,079 | 5,763 | |
Drivetime Auto Owner Trust, Series 2019-3, Class C, 2.74% 20258,16 | 324 | 324 | |
Drivetime Auto Owner Trust, Series 2019-3, Class D, 2.96% 20258,16 | 2,395 | 2,396 | |
Drivetime Auto Owner Trust, Series 2019-2A, Class C, 3.18% 20258,16 | 546 | 547 | |
Drivetime Auto Owner Trust, Series 2019-2A, Class D, 3.48% 20258,16 | 5,950 | 5,968 | |
Drivetime Auto Owner Trust, Series 2021-1A, Class C, 0.84% 20268,16 | 1,232 | 1,190 | |
Drivetime Auto Owner Trust, Series 2021-1A, Class D, 1.16% 20268,16 | 671 | 634 | |
Drivetime Auto Owner Trust, Series 2020-3A, Class C, 1.47% 20268,16 | 1,961 | 1,919 | |
Drivetime Auto Owner Trust, Series 2021-2A, Class B, 0.81% 20278,16 | 1,769 | 1,727 | |
Drivetime Auto Owner Trust, Series 2021-2A, Class C, 1.10% 20278,16 | 1,847 | 1,770 |
The Income Fund of America — Page 43 of 54
unaudited
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Drivetime Auto Owner Trust, Series 2021-2A, Class D, 1.50% 20278,16 | USD1,247 | $1,172 | |
Dryden Senior Loan Fund, CLO, Series 2017-47A, Class A1R, (3-month USD-LIBOR + 0.98%) 2.024% 20288,11,16 | 21,492 | 21,402 | |
EDvestinU Private Education Loan LLC, Series 2021-A, Class A, 1.80% 20458,16 | 1,823 | 1,659 | |
Enterprise Fleet Financing, LLC, Series 2022-1, Class A2, 3.03% 20288,16 | 12,158 | 12,046 | |
Exeter Automobile Receivables Trust, Series 2019-3A, Class C, 2.79% 20248,16 | 1,287 | 1,288 | |
Exeter Automobile Receivables Trust, Series 2020-3A, Class C, 1.32% 202516 | 1,872 | 1,857 | |
Exeter Automobile Receivables Trust, Series 2020-1A, Class D, 2.73% 20258,16 | 1,450 | 1,436 | |
Exeter Automobile Receivables Trust, Series 2019-3A, Class D, 3.11% 20258,16 | 7,000 | 6,992 | |
Exeter Automobile Receivables Trust, Series 2019-2A, Class D, 3.71% 20258,16 | 7,941 | 7,970 | |
Exeter Automobile Receivables Trust, Series 2021-2, Class C, 0.98% 202616 | 5,579 | 5,386 | |
Exeter Automobile Receivables Trust, Series 2020-3A, Class D, 1.73% 202616 | 1,786 | 1,749 | |
Exeter Automobile Receivables Trust, Series 2021-2, Class D, 1.40% 202716 | 8,065 | 7,549 | |
FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.145% 20278,16 | 4,239 | 4,218 | |
FirstKey Homes Trust, Series 2020-SFR2, Class A, 1.266% 20378,16 | 10,148 | 9,246 | |
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 20308,16 | 10,105 | 10,169 | |
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.52% 20308,16 | 5,634 | 5,658 | |
Ford Credit Auto Owner Trust, Series 2020-1, Class A, 2.04% 20318,16 | 23,146 | 22,203 | |
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 20318,16 | 3,650 | 3,624 | |
GCI Funding I LLC, Series 2020-1, Class A, 2.82% 20458,16 | 4,489 | 4,208 | |
GCI Funding I LLC, Series 2021-1, Class A, 2.38% 20468,16 | 1,690 | 1,533 | |
GCI Funding I LLC, Series 2021-1, Class B, 3.04% 20468,16 | 128 | 115 | |
Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 20408,16 | 10,046 | 9,364 | |
Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 20408,16 | 18,450 | 17,214 | |
Global SC Finance VII SRL, Series 2021-1A, Class A, 1.86% 20418,16 | 29,162 | 26,539 | |
Global SC Finance VII SRL, Series 2021-2A, Class A, 1.95% 20418,16 | 25,071 | 22,891 | |
Global SC Finance VII SRL, Series 2021-2A, Class B, 2.49% 20418,16 | 2,353 | 2,127 | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class B, 1.56% 202416 | 300 | 298 | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class C, 2.56% 202416 | 696 | 693 | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class D, 3.21% 202416 | 984 | 983 | |
Hertz Vehicle Financing III, LLC, Series 2021-A, Class B, 3.65% 20231,4,8,16 | 10,370 | 10,103 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class A, 1.21% 20258,16 | 22,756 | 21,405 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class B, 1.56% 20258,16 | 3,534 | 3,326 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class C, 2.05% 20258,16 | 1,744 | 1,642 | |
Hertz Vehicle Financing III, LLC, Series 2022-4A, Class A, 3.73% 20268,16 | 15,340 | 15,225 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class A, 1.68% 20278,16 | 24,670 | 22,100 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class B, 2.12% 20278,16 | 3,369 | 3,050 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class C, 2.52% 20278,16 | 1,850 | 1,680 | |
Hertz Vehicle Financing III, LLC, Series 2022-2A, Class A, 2.33% 20288,16 | 14,300 | 13,134 | |
Hertz Vehicle Financing III, LLC, Series 2022-5A, Class A, 3.89% 20288,16 | 16,000 | 15,847 | |
Longfellow Place CLO, Ltd., Series 2013-1A, Class AR3, (3-month USD-LIBOR + 1.00%) 2.044% 20298,11,16 | 6,968 | 6,941 | |
Madison Park Funding, Ltd., CLO, Series 2015-17A, Class AR2, (3-month USD-LIBOR + 1.00%) 2.098% 20308,11,16 | 22,135 | 22,025 | |
Marathon CLO, Ltd., Series 2017-9A, Class A1AR, (3-month USD-LIBOR + 1.15%) 2.194% 20298,11,16 | 9,051 | 9,024 | |
Mercury Financial Credit Card Master Trust, Series 2021-1A, Class A, 1.54% 20268,16 | 16,100 | 15,592 | |
Mission Lane Credit Card Master Trust, Series 2021-A, Class A, 1.59% 20268,16 | 3,039 | 2,954 | |
Navient Student Loan Trust, Series 2021-C, Class A, 1.06% 20698,16 | 9,313 | 8,765 | |
Navient Student Loan Trust, Series 2021-G, Class A, 1.58% 20708,16 | 11,870 | 11,159 | |
Navigator Aircraft ABS, Ltd., Series 2021-1, Class A, 2.771% 20468,16 | 19,340 | 17,572 | |
Nelnet Student Loan Trust, Series 2021-C, Class AFX, 1.32% 20628,16 | 20,837 | 19,473 | |
Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36% 20628,16 | 11,112 | 10,299 | |
Nelnet Student Loan Trust, Series 2021-B, Class AFX, 1.42% 20628,16 | 19,537 | 18,049 | |
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 20618,16 | 64,437 | 57,912 | |
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class B1, 2.41% 20618,16 | 8,650 | 7,843 | |
Newark BSL CLO 2, Ltd., Series 2017-1A, Class A1R, (3-month USD-LIBOR + 0.97%) 2.154% 20308,11,16 | 7,048 | 6,996 | |
Palmer Square Loan Funding, CLO, Series 2021-4A, Class A1, (3-month USD-LIBOR + 0.80%) 1.844% 20298,11,16 | 18,284 | 18,147 | |
Palmer Square Loan Funding, CLO, Series 2021-1, Class A1, (3-month USD-LIBOR + 0.90%) 1.963% 20298,11,16 | 998 | 993 |
The Income Fund of America — Page 44 of 54
unaudited
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Palmer Square Loan Funding, CLO, Series 2021-4A, Class A2, (3-month USD-LIBOR + 1.40%) 2.444% 20298,11,16 | USD8,409 | $8,360 | |
Prestige Auto Receivables Trust, Series 2019-1A, Class C, 2.70% 20248,16 | 3,060 | 3,061 | |
Prestige Auto Receivables Trust, Series 2019-1A, Class D, 3.01% 20258,16 | 1,895 | 1,880 | |
Race Point CLO, Ltd., Series 2015-9A, Class A1A2, (3-month USD-LIBOR + 0.94%) 1.984% 20308,11,16 | 18,501 | 18,454 | |
Santander Drive Auto Receivables Trust, Series 2020-1, Class B, 3.03% 202416 | 1,726 | 1,728 | |
Santander Drive Auto Receivables Trust, Series 2021-2, Class B, 0.59% 202516 | 4,137 | 4,085 | |
Santander Drive Auto Receivables Trust, Series 2019-2, Class D, 3.22% 202516 | 4,350 | 4,359 | |
Santander Drive Auto Receivables Trust, Series 2020-1, Class C, 4.11% 202516 | 21,000 | 21,185 | |
Santander Drive Auto Receivables Trust, Series 2021-2, Class C, 0.90% 202616 | 7,703 | 7,475 | |
Santander Drive Auto Receivables Trust, Series 2020-3, Class C, 1.12% 202616 | 7,296 | 7,229 | |
Santander Drive Auto Receivables Trust, Series 2020-3, Class D, 1.64% 202616 | 4,422 | 4,318 | |
Santander Drive Auto Receivables Trust, Series 2021-3, Class C, 0.95% 202716 | 4,974 | 4,853 | |
Santander Drive Auto Receivables Trust, Series 2021-3, Class D, 1.33% 202716 | 3,708 | 3,518 | |
Santander Drive Auto Receivables Trust, Series 2021-2, Class D, 1.35% 202716 | 4,938 | 4,709 | |
Slam, Ltd., Series 2021-1, Class A, 2.434% 20468,16 | 8,529 | 7,644 | |
Slam, Ltd., Series 2021-1, Class B, 3.422% 20468,16 | 1,570 | 1,399 | |
SOLRR Aircraft Aviation Holding, Ltd., Series 2021-1, Class A, 2.636% 20468,16 | 10,485 | 9,556 | |
Sound Point CLO, Ltd., Series 2015-1RA, Class AR, (3-month USD-LIBOR + 1.08%) 2.124% 20308,11,16 | 11,925 | 11,868 | |
Sprite, Ltd., Series 2021-1, Class A, 3.75% 20468,16 | 18,007 | 16,421 | |
Stellar Jay Ireland DAC, Series 2021-1, Class A, 3.967% 20418,16 | 8,060 | 7,488 | |
Stonepeak Infrastructure Partners, Series 2021-1A, Class AA, 2.301% 20338,16 | 7,525 | 7,058 | |
Stonepeak Infrastructure Partners, Series 2021-1A, Class A, 2.675% 20338,16 | 7,435 | 6,762 | |
SuttonPark Structured Settlements, Series 2021-1, Class A, 1.95% 20758,16 | 5,743 | 5,415 | |
TAL Advantage V LLC, Series 2020-1A, Class A, 2.05% 20458,16 | 5,126 | 4,733 | |
Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 20458,16 | 7,257 | 6,706 | |
Textainer Marine Containers, Ltd., Series 2020-1A, Class A, 2.73% 20458,16 | 7,623 | 7,271 | |
Textainer Marine Containers, Ltd., Series 2021-1A, Class A, 1.68% 20468,16 | 13,579 | 12,137 | |
Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 20468,16 | 24,196 | 22,109 | |
Textainer Marine Containers, Ltd., Series 2021-1A, Class B, 2.52% 20468,16 | 585 | 532 | |
TIF Funding II LLC, Series 2020-1A, Class A, 2.09% 20458,16 | 7,662 | 7,022 | |
TIF Funding II LLC, Series 2021-1A, Class A, 1.65% 20468,16 | 6,025 | 5,342 | |
TIF Funding II LLC, Series 2021-1A, Class B, 2.54% 20468,16 | 217 | 193 | |
Triton Container Finance VIII LLC, Series 2020-1, Class A, 2.11% 20458,16 | 26,911 | 24,588 | |
Triton Container Finance VIII LLC, Series 2021-1, Class A, 1.86% 20468,16 | 17,928 | 15,959 | |
Triton Container Finance VIII, LLC, Series 2021-1A, Class B, 2.58% 20468,16 | 555 | 493 | |
Westlake Automobile Receivables Trust, Series 2020-3A, Class C, 1.24% 20258,16 | 3,374 | 3,306 | |
Westlake Automobile Receivables Trust, Series 2021-2, Class B, 0.62% 20268,16 | 5,157 | 4,995 | |
Westlake Automobile Receivables Trust, Series 2021-2, Class C, 0.89% 20268,16 | 6,654 | 6,345 | |
Westlake Automobile Receivables Trust, Series 2021-2, Class D, 1.23% 20268,16 | 4,413 | 4,151 | |
Westlake Automobile Receivables Trust, Series 2020-3A, Class D, 1.65% 20268,16 | 6,549 | 6,348 | |
Westlake Automobile Receivables Trust, Series 2022-1A, Class D, 3.49% 20278,16 | 2,924 | 2,832 | |
1,226,043 | |||
Municipals 0.31% California 0.01% | |||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-A-1, 2.158% 2026 | 2,170 | 2,035 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-A-1, 2.332% 2027 | 3,010 | 2,786 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 2.746% 2034 | 785 | 682 |
The Income Fund of America — Page 45 of 54
unaudited
Bonds, notes & other debt instruments (continued) Municipals (continued) California (continued) | Principal amount (000) | Value (000) | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 3.293% 2042 | USD1,855 | $1,493 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 3.00% 2046 | 4,430 | 3,935 | |
10,931 | |||
Guam 0.00% | |||
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2021-A, 3.839% 2036 | 400 | 358 | |
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2021-A, 4.46% 2043 | 525 | 469 | |
827 | |||
Illinois 0.25% | |||
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-C, 6.319% 2029 | 28,045 | 29,623 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2015-C, 5.25% 2039 | 120 | 124 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2009-E, 6.138% 2039 | 53,770 | 55,643 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-D, 6.519% 2040 | 11,385 | 12,198 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Qualified School Construction Bonds), Series 2009-G, 1.75% 2025 | 23,140 | 20,628 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-C, 5.00% 2026 | 110 | 117 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2026 | 100 | 106 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C, Assured Guaranty Municipal insured, 5.00% 2028 | 800 | 898 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2028 | 650 | 721 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C, Assured Guaranty Municipal insured, 5.00% 2029 | 550 | 615 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2029 | 300 | 332 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-C, 5.00% 2030 | 220 | 233 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2030 | 200 | 221 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2031 | 350 | 385 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-D, 5.00% 2031 | 100 | 105 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2032 | 350 | 384 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2033 | 200 | 219 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H, 5.00% 2036 | 100 | 105 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-G, 5.00% 2044 | 140 | 145 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H, 5.00% 2046 | 390 | 404 | |
City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax G.O. Bonds (Dedicated Tax Rev.), Series 2012-A, 5.00% 2042 | 190 | 192 | |
City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax G.O. Bonds (Dedicated Tax Rev.), Capital Appreciation Bonds, Series 1998-B-1, National insured, 0% 2031 | 350 | 237 | |
G.O. Bonds, Series 2019-A, 4.00% 2023 | 12,000 | 12,105 | |
G.O. Bonds, Series 2013-B, 4.91% 2027 | 3,230 | 3,316 |
The Income Fund of America — Page 46 of 54
unaudited
Bonds, notes & other debt instruments (continued) Municipals (continued) Illinois (continued) | Principal amount (000) | Value (000) | |
G.O. Bonds, Pension Funding, Series 2003, 4.95% 2023 | USD7,244 | $7,337 | |
G.O. Bonds, Pension Funding, Series 2003, 5.10% 2033 | 155,890 | 159,618 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.95% 2023 | 595 | 610 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-1, 6.63% 2035 | 3,775 | 4,076 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-3, 6.725% 2035 | 4,500 | 4,917 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-5, 7.35% 2035 | 350 | 391 | |
316,005 | |||
New York 0.01% | |||
Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C, 1.187% 2026 | 4,635 | 4,241 | |
Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C, 1.748% 2028 | 7,675 | 6,841 | |
11,082 | |||
Ohio 0.02% | |||
Cleveland-Cuyahoga Port Auth., Federal Lease Rev. Bonds (VA Cleveland Health Care Center Project), Series 2021, 4.425% 2031 | 27,990 | 26,556 | |
Wisconsin 0.02% | |||
Public Fin. Auth., Federal Lease Rev. Bonds (Fort Sam Acquisition Fncg.), Series 2022, 4.95% 2034 | 22,805 | 21,797 | |
Total municipals | 387,198 | ||
Bonds & notes of governments & government agencies outside the U.S. 0.08% | |||
Abu Dhabi (Emirate of) 2.50% 20258 | 7,800 | 7,637 | |
Abu Dhabi (Emirate of) 3.125% 20308 | 7,800 | 7,585 | |
Abu Dhabi (Emirate of) 1.70% 20318 | 1,700 | 1,466 | |
Abu Dhabi (Emirate of) 3.875% 20508 | 5,350 | 5,074 | |
European Investment Bank 0.75% 2026 | 9,910 | 8,977 | |
Morocco (Kingdom of) 3.00% 20328 | 6,000 | 4,770 | |
Morocco (Kingdom of) 4.00% 20508 | 6,000 | 4,170 | |
OMERS Finance Trust 3.50% 20328 | 7,941 | 7,879 | |
OMERS Finance Trust 4.00% 20528 | 7,941 | 7,658 | |
Panama (Republic of) 3.298% 2033 | 7,940 | 6,917 | |
Panama (Republic of) 4.50% 2063 | 2,065 | 1,718 | |
Peru (Republic of) 2.783% 2031 | 5,050 | 4,388 | |
Peru (Republic of) 1.862% 2032 | 8,550 | 6,648 | |
Peru (Republic of) 2.78% 2060 | 12,800 | 8,319 | |
PT Indonesia Asahan Aluminium Tbk 4.75% 20258 | 3,060 | 3,064 | |
PT Indonesia Asahan Aluminium Tbk 5.45% 20308 | 790 | 793 | |
PT Indonesia Asahan Aluminium Tbk 5.80% 20508 | 2,310 | 2,101 | |
United Mexican States 2.659% 2031 | 9,162 | 7,700 | |
United Mexican States 3.771% 2061 | 5,180 | 3,642 | |
100,506 | |||
Federal agency bonds & notes 0.03% | |||
Fannie Mae 6.25% 202914 | 32,000 | 38,480 | |
Total bonds, notes & other debt instruments (cost: $28,502,405,000) | 26,551,615 | ||
Short-term securities 9.27% Money market investments 8.81% | Shares | ||
Capital Group Central Cash Fund 0.32%6,18 | 109,230,045 | 10,923,005 |
The Income Fund of America — Page 47 of 54
unaudited
Short-term securities (continued) Money market investments purchased with collateral from securities on loan 0.46% | Shares | Value (000) | |
Capital Group Central Cash Fund 0.32%6,18,19 | 1,713,324 | $171,332 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 0.32%18,19 | 108,400,000 | 108,400 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 0.31%18,19 | 91,300,000 | 91,300 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 0.35%18,19 | 69,919,828 | 69,920 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 0.30%18,19 | 57,100,000 | 57,100 | |
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.29%18,19 | 57,100,000 | 57,100 | |
RBC Funds Trust – U.S. Government Money Market Fund, RBC Institutional Class 1 0.21%18,19 | 10,200,000 | 10,200 | |
Fidelity Investments Money Market Government Portfolio, Class I 0.15%18,19 | 5,700,000 | 5,700 | |
571,052 | |||
Total short-term securities (cost: $11,493,609,000) | 11,494,057 | ||
Total investment securities 100.23% (cost: $99,143,661,000) | 124,340,366 | ||
Other assets less liabilities (0.23)% | (283,250) | ||
Net assets 100.00% | $124,057,116 |
Futures contracts
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized appreciation (depreciation) at 4/30/2022 (000) |
2 Year U.S. Treasury Note Futures | Short | 5,346 | June 2022 | USD(1,127,004) | $4,385 |
5 Year U.S. Treasury Note Futures | Short | 91 | June 2022 | (10,253) | 82 |
10 Year Ultra U.S. Treasury Note Futures | Long | 3,129 | June 2022 | 403,641 | (21,193) |
10 Year U.S. Treasury Note Futures | Short | 1,514 | June 2022 | (180,403) | 11,226 |
20 Year U.S. Treasury Bond Futures | Long | 686 | June 2022 | 96,512 | (9,493) |
30 Year Ultra U.S. Treasury Bond Futures | Long | 1,801 | June 2022 | 288,948 | (31,134) |
$(46,127) |
Swap contracts
Credit default swaps
Centrally cleared credit default swaps on credit indices — buy protection
Reference index | Financing rate paid | Payment frequency | Expiration date | Notional amount (000) | Value at 4/30/2022 (000) | Upfront premium received (000) | Unrealized appreciation at 4/30/2022 (000) |
CDX.NA.HY.38 | 5.00% | Quarterly | 6/20/2027 | USD226,205 | $(3,576) | $(10,516) | $6,940 |
Centrally cleared credit default swaps on credit indices — sell protection
Financing rate received | Payment frequency | Reference index | Expiration date | Notional amount (000) | Value at 4/30/2022 (000) | Upfront premium paid (000) | Unrealized depreciation at 4/30/2022 (000) |
5.00% | Quarterly | CDX.NA.HY.37 | 12/20/2026 | USD400,002 | $10,623 | $20,493 | $(9,870) |
The Income Fund of America — Page 48 of 54
unaudited
Investments in affiliates6
Value of affiliates at 8/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized (depreciation) appreciation (000) | Value of affiliates at 4/30/2022 (000) | Dividend or interest income (000) | ||||
Common stocks 1.85% | ||||||||||
Health care 0.05% | ||||||||||
Rotech Healthcare, Inc.1,2,4,7 | $56,490 | $— | $— | $— | $(1,086) | $55,404 | $— | |||
Real estate 0.00% | ||||||||||
Gaming and Leisure Properties, Inc. REIT20 | 781,682 | — | 230,474 | 20,761 | (70,292) | — | 33,889 | |||
MGM Growth Properties LLC REIT, Class A21 | 435,089 | — | 337,788 | 270 | (97,571) | — | 18,011 | |||
— | ||||||||||
Industrials 0.20% | ||||||||||
ManpowerGroup, Inc. | 322,873 | — | — | — | (77,273) | 245,600 | 3,431 | |||
New AMI I, LLC1,2,21 | 71,111 | — | 56,273 | 6,659 | (21,497) | — | — | |||
245,600 | ||||||||||
Utilities 0.87% | ||||||||||
Brookfield Infrastructure Partners LP | 846,912 | 90,729 | — | — | 136,015 | 1,073,656 | 26,036 | |||
DTE Energy Company20 | 1,092,278 | 123,187 | 177,530 | 9,365 | 101,377 | — | 22,907 | |||
1,073,656 | ||||||||||
Consumer discretionary 0.14% | ||||||||||
Domino’s Pizza Group PLC1 | 178,546 | — | — | — | (44,607) | 133,939 | 4,003 | |||
Puuilo OYJ1,2 | 52,058 | — | — | — | (13,969) | 38,089 | — | |||
Lumi Gruppen AS1,22 | 15,394 | — | — | — | (8,382) | 7,012 | 216 | |||
Darden Restaurants, Inc.20 | 964,957 | 156,485 | 213,711 | (28,242) | (83,774) | — | 23,136 | |||
179,040 | ||||||||||
Communication services 0.59% | ||||||||||
Koninklijke KPN NV1,3 | 696,203 | — | — | — | 37,136 | 733,339 | 20,806 | |||
Total common stocks | 2,287,039 | |||||||||
Convertible stocks 0.00% | ||||||||||
Utilities 0.00% | ||||||||||
DTE Energy Company, convertible preferred units, 6.25% 202220 | 46,304 | — | 11,009 | (122) | 459 | — | 1,768 | |||
Bonds, notes & other debt instruments 0.00% | ||||||||||
Health care 0.00% | ||||||||||
Rotech Healthcare, Inc., Term Loan, (3-month USD-LIBOR + 11.00%) 13.00% PIK 20231,11,21 | 17,289 | 1,168 | 18,457 | 444 | (444) | — | 1,621 | |||
Short-term securities 8.95% | ||||||||||
Money market investments 8.81% | ||||||||||
Capital Group Central Cash Fund 0.32%18 | 7,270,565 | 12,422,750 | 8,769,529 | (220) | (561) | 10,923,005 | 7,767 | |||
Money market investments purchased with collateral from securities on loan 0.14% | ||||||||||
Capital Group Central Cash Fund 0.32%18,19 | 2,151 | 169,18123 | 171,332 | —24 | ||||||
Total short-term securities | 11,094,337 | |||||||||
Total 10.80% | $8,915 | $(144,469) | $13,381,376 | $163,591 |
The Income Fund of America — Page 49 of 54
unaudited
Private placement securities7
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | ||||
Rotech Healthcare Inc. | 11/26/2014 | $19,660 | $55,404 | .05% | |||
Ascent Resources - Utica, LLC, Class A | 4/25/2016-11/15/2016 | 56,848 | 27,554 | .02 | |||
Total | $76,508 | $82,958 | .07% |
1 | Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $16,783,984,000, which represented 13.53% of the net assets of the fund. This amount includes $16,608,048,000 related to certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. |
2 | Security did not produce income during the last 12 months. |
3 | All or a portion of this security was on loan. The total value of all such securities was $620,850,000, which represented .50% of the net assets of the fund. |
4 | Value determined using significant unobservable inputs. |
5 | Amount less than one thousand. |
6 | Affiliate of the fund or part of the same “group of investment companies“ as the fund, as defined under the Investment Company Act of 1940, as amended. |
7 | Acquired through a private placement transaction exempt from registration under the Securities Act of 1933. May be subject to legal or contractual restrictions on resale. |
8 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $11,574,509,000, which represented 9.33% of the net assets of the fund. |
9 | Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. |
10 | Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $308,114,000, which represented .25% of the net assets of the fund. |
11 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
12 | Step bond; coupon rate may change at a later date. |
13 | Scheduled interest and/or principal payment was not received. |
14 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $50,871,000, which represented .04% of the net assets of the fund. |
15 | Index-linked bond whose principal amount moves with a government price index. |
16 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
17 | Purchased on a TBA basis. |
18 | Rate represents the seven-day yield at 4/30/2022. |
19 | Security purchased with cash collateral from securities on loan. |
20 | Affiliated issuer during the reporting period but no longer an affiliate at 4/30/2022. Refer to the investment portfolio for the security value at 4/30/2022. |
21 | Affiliated issuer during the reporting period but no longer held at 4/30/2022. |
22 | This security changed its name during the reporting period. |
23 | Represents net activity. |
24 | Dividend income is included with securities lending income and is not shown in this table. |
The Income Fund of America — Page 50 of 54
unaudited
Valuation disclosures
Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Equity securities are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.
Fixed-income securities, including short-term securities, are generally valued at prices obtained from one or more pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.
Fixed-income class | Examples of standard inputs |
All | Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”) |
Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
Mortgage-backed; asset-backed obligations | Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information |
Municipal securities | Standard inputs and, for certain distressed securities, cash flows or liquidation values using a net present value calculation based on inputs that include, but are not limited to, financial statements and debt contracts |
When the fund’s investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or deemed to be not representative), fixed-income securities will be valued in good faith at the mean quoted bid and ask prices that are reasonably and timely available (or bid prices, if ask prices are not available) or at prices for securities of comparable maturity, quality and type.
Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund’s investment adviser. The Capital Group Central Cash Fund (“CCF”), a fund within the Capital Group Central Fund Series (“Central Funds“), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF’s portfolio securities. The underlying securities are valued based on the policies and procedures in CCF’s statement of additional information. Exchange-traded futures are generally valued at the official settlement price of the exchange or market on which such instruments are traded, as of the close of business on the day the futures are being valued. The average month-end notional amount of futures contracts while held was $6,529,877,000. Credit default swaps are generally valued by pricing vendors based on market inputs that include the index and term of index, reset frequency, payer/receiver, currency and pay frequency. The average month-end notional amount of credit default swaps while held was $271,473,000.
The Income Fund of America — Page 51 of 54
unaudited
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by authority of the fund’s board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security; contractual or legal restrictions on resale of the security; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.
Processes and structure — The fund’s board of trustees has delegated authority to the fund’s investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Fair Valuation Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Fair Valuation Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation teams. The Fair Valuation Committee reviews changes in fair value measurements from period to period and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. The Fair Valuation Committee reports any changes to the fair valuation guidelines to the board of trustees. The fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
The fund’s investment adviser has also established a Fixed-Income Pricing Review Group to administer and oversee the fixed-income valuation process, including the use of fixed-income pricing vendors. This group regularly reviews pricing vendor information and market data. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser’s global risk management group.
Classifications — The fund’s investment adviser classifies the fund’s assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The tables on the following page present the fund’s valuation levels as of April 30, 2022 (dollars in thousands):
The Income Fund of America — Page 52 of 54
unaudited
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Consumer staples | $12,356,799 | $1,421,902 | $— | $13,778,701 | |||
Financials | 10,417,903 | 2,997,589 | 11,211 | 13,426,703 | |||
Health care | 7,081,314 | 2,842,048 | 55,404 | 9,978,766 | |||
Real estate | 7,306,411 | 174,774 | — | 7,481,185 | |||
Information technology | 5,867,016 | 1,580,280 | — | 7,447,296 | |||
Energy | 6,872,930 | 465,221 | 27,709 | 7,365,860 | |||
Industrials | 5,503,731 | 1,731,551 | — | 7,235,282 | |||
Utilities | 5,160,884 | 1,598,275 | — | 6,759,159 | |||
Consumer discretionary | 3,998,656 | 692,445 | — | 4,691,101 | |||
Materials | 2,100,693 | 1,691,411 | — | 3,792,104 | |||
Communication services | 1,908,803 | 1,276,224 | — | 3,185,027 | |||
Preferred securities | 247,082 | 155,665 | 2,404 | 405,151 | |||
Rights & warrants | — | 4,440 | 280 | 4,720 | |||
Convertible stocks | 743,061 | — | — | 743,061 | |||
Convertible bonds & notes | — | — | 578 | 578 | |||
Bonds, notes & other debt instruments: | |||||||
Corporate bonds, notes & loans | — | 18,879,129 | 31,572 | 18,910,701 | |||
U.S. Treasury bonds & notes | — | 3,688,223 | — | 3,688,223 | |||
Mortgage-backed obligations | — | 2,172,887 | 27,577 | 2,200,464 | |||
Asset-backed obligations | — | 1,215,940 | 10,103 | 1,226,043 | |||
Municipals | — | 387,198 | — | 387,198 | |||
Bonds & notes of governments & government agencies outside the U.S. | — | 100,506 | — | 100,506 | |||
Federal agency bonds & notes | — | 38,480 | — | 38,480 | |||
Short-term securities | 11,494,057 | — | — | 11,494,057 | |||
Total | $81,059,340 | $43,114,188 | $166,838 | $124,340,366 |
Other investments* | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $15,693 | $— | $— | $15,693 | |||
Unrealized appreciation on credit default swaps | — | 6,940 | — | 6,940 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (61,820) | — | — | (61,820) | |||
Unrealized depreciation on credit default swaps | — | (9,870) | — | (9,870) | |||
Total | $(46,127) | $(2,930) | $— | $(49,057) |
* | Futures contracts and credit default swaps are not included in the fund’s investment portfolio. |
The Income Fund of America — Page 53 of 54
unaudited
Key to abbreviations |
ADR = American Depositary Receipts |
Assn. = Association |
Auth. = Authority |
CAD = Canadian dollars |
CDI = CREST Depository Interest |
CLO = Collateralized Loan Obligations |
CME = CME Group |
CMO = Collateralized Mortgage Obligations |
CVR = Contingent Value Rights |
DAC = Designated Activity Company |
Fin. = Finance |
Fncg. = Financing |
G.O. = General Obligation |
ICE = Intercontinental Exchange, Inc. |
LIBOR = London Interbank Offered Rate |
Ref. = Refunding |
Rev. = Revenue |
SDR = Swedish Depositary Receipts |
SOFR = Secured Overnight Financing Rate |
TBA = To be announced |
USD = U.S. dollars |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
American Funds Distributors, Inc., member FINRA.
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