The Income Fund of America®
Investment portfolio
April 30, 2021
unaudited
Common stocks 74.87% Financials 13.35% | Shares | Value (000) | |
JPMorgan Chase & Co. | 24,310,355 | $3,739,176 | |
CME Group Inc., Class A | 9,803,072 | 1,980,122 | |
PNC Financial Services Group, Inc. | 6,575,330 | 1,229,258 | |
Citigroup Inc. | 12,486,500 | 889,538 | |
Bank of Nova Scotia (CAD denominated) | 10,290,000 | 655,248 | |
Synchrony Financial | 14,748,551 | 645,102 | |
BlackRock, Inc. | 774,576 | 634,610 | |
Zurich Insurance Group AG | 1,435,535 | 588,990 | |
Toronto-Dominion Bank (CAD denominated) | 8,463,218 | 581,818 | |
The Blackstone Group Inc. | 5,338,000 | 472,360 | |
Manulife Financial Corp. | 21,175,000 | 462,382 | |
Fifth Third Bancorp | 8,830,000 | 357,968 | |
Progressive Corp. | 3,299,105 | 332,352 | |
KeyCorp | 14,220,000 | 309,427 | |
Apollo Global Management, Inc., Class A | 5,525,000 | 305,919 | |
Power Corp. of Canada, subordinate voting shares | 10,016,953 | 291,752 | |
American International Group, Inc. | 5,645,558 | 273,527 | |
Ares Management Corp., Class A | 5,143,000 | 270,110 | |
Münchener Rückversicherungs-Gesellschaft AG | 787,700 | 227,899 | |
DBS Group Holdings Ltd. | 9,960,844 | 223,880 | |
Regions Financial Corp. | 10,069,900 | 219,524 | |
B3 SA - Brasil, Bolsa, Balcao | 21,402,000 | 202,907 | |
Banco Santander, SA | 47,000,000 | 181,666 | |
Legal & General Group PLC | 47,090,000 | 177,152 | |
Carlyle Group Inc. | 3,983,000 | 169,915 | |
ING Groep NV | 10,856,000 | 138,739 | |
Principal Financial Group, Inc. | 2,055,600 | 131,291 | |
Franklin Resources, Inc. | 4,053,503 | 121,605 | |
DNB ASA | 5,496,100 | 118,222 | |
Sberbank of Russia PJSC (ADR) | 5,671,000 | 89,262 | |
BOC Hong Kong (Holdings) Ltd. | 22,180,000 | 78,238 | |
Janus Henderson Group PLC | 2,224,000 | 76,483 | |
Bank of America Corp. | 1,660,000 | 67,280 | |
National Bank of Canada | 920,000 | 66,885 | |
AXA SA1 | 2,255,000 | 63,778 | |
Swedbank AB, Class A | 2,677,000 | 47,035 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 4,254,000 | 46,523 | |
China Pacific Insurance (Group) Co., Ltd., Class H | 9,385,000 | 33,950 | |
PICC Property and Casualty Co., Ltd., Class H | 34,542,000 | 33,929 | |
Truist Financial Corp. | 396,000 | 23,487 | |
The Bank of N.T. Butterfield & Son Ltd. | 400,000 | 15,688 | |
BB Seguridade Participações SA | 3,300,000 | 13,566 | |
St. James’s Place PLC | 466,000 | 8,762 | |
Jonah Energy Parent LLC2,3,4 | 275,936 | 4,139 | |
16,601,464 |
The Income Fund of America — Page 1 of 50
unaudited
Common stocks (continued) Consumer staples 9.93% | Shares | Value (000) | |
Philip Morris International Inc. | 31,711,177 | $3,012,562 | |
Altria Group, Inc. | 36,446,000 | 1,740,297 | |
General Mills, Inc. | 23,099,536 | 1,405,838 | |
British American Tobacco PLC | 30,673,297 | 1,136,132 | |
Procter & Gamble Company | 5,884,000 | 785,043 | |
Kraft Heinz Company | 17,629,600 | 727,926 | |
Coca-Cola Company | 13,341,890 | 720,195 | |
Kellogg Co. | 9,445,000 | 589,557 | |
PepsiCo, Inc. | 3,880,100 | 559,355 | |
Nestlé SA | 4,237,617 | 505,220 | |
Archer Daniels Midland Company | 5,591,200 | 352,972 | |
Walgreens Boots Alliance, Inc. | 6,019,500 | 319,635 | |
Bunge Ltd. | 1,785,000 | 150,690 | |
Colgate-Palmolive Company | 1,669,519 | 134,730 | |
Conagra Brands, Inc. | 2,548,100 | 94,509 | |
Kimberly-Clark Corp. | 571,000 | 76,126 | |
Scandinavian Tobacco Group A/S2 | 2,240,000 | 40,793 | |
12,351,580 | |||
Information technology 8.21% | |||
Microsoft Corp. | 11,602,554 | 2,925,932 | |
Taiwan Semiconductor Manufacturing Company, Ltd.2 | 113,988,500 | 2,465,790 | |
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 1,855,000 | 216,553 | |
Broadcom Inc. | 5,635,812 | 2,571,057 | |
Texas Instruments Inc. | 3,120,000 | 563,191 | |
QUALCOMM Inc. | 1,922,000 | 266,774 | |
Tokyo Electron Ltd. | 569,400 | 251,747 | |
Intel Corp. | 4,300,000 | 247,379 | |
Cisco Systems, Inc. | 4,220,000 | 214,840 | |
Vanguard International Semiconductor Corp.2 | 38,129,886 | 164,038 | |
International Business Machines Corp. | 800,000 | 113,504 | |
NortonLifeLock Inc. | 3,528,359 | 76,248 | |
Western Union Company | 2,910,121 | 74,965 | |
Globalwafers Co., Ltd.2 | 1,600,000 | 49,914 | |
10,201,932 | |||
Health care 7.76% | |||
Pfizer Inc. | 59,855,000 | 2,313,396 | |
Gilead Sciences, Inc. | 21,194,650 | 1,345,224 | |
AstraZeneca PLC | 11,927,800 | 1,270,883 | |
Novartis AG | 10,558,120 | 901,299 | |
CVS Health Corp. | 8,763,349 | 669,520 | |
Johnson & Johnson | 4,085,000 | 664,752 | |
Amgen Inc. | 2,261,410 | 541,924 | |
GlaxoSmithKline PLC | 23,097,000 | 427,307 | |
Merck & Co., Inc. | 5,490,732 | 409,059 | |
Bristol-Myers Squibb Company | 5,685,000 | 354,858 | |
Takeda Pharmaceutical Company, Ltd. | 5,469,000 | 181,900 | |
AbbVie Inc. | 1,500,000 | 167,250 | |
Bayer AG | 2,344,000 | 151,669 | |
Sanofi1 | 913,000 | 95,792 | |
Viatris Inc.4 | 5,433,074 | 72,260 | |
Rotech Healthcare Inc.2,3,4,5,6 | 543,172 | 58,391 |
The Income Fund of America — Page 2 of 50
unaudited
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
Advanz Pharma Corp. Ltd.4,6 | 961,943 | $16,161 | |
Advanz Pharma Corp. Ltd.4 | 223,343 | 3,752 | |
9,645,397 | |||
Industrials 7.07% | |||
Lockheed Martin Corp. | 4,468,500 | 1,700,532 | |
Emerson Electric Co. | 9,984,565 | 903,503 | |
BAE Systems PLC | 102,661,383 | 717,693 | |
Norfolk Southern Corp. | 2,332,453 | 651,314 | |
PACCAR Inc. | 6,470,200 | 581,542 | |
Honeywell International Inc. | 2,517,500 | 561,503 | |
AB Volvo, Class B | 19,230,000 | 469,872 | |
United Parcel Service, Inc., Class B | 2,190,000 | 446,453 | |
Kone OYJ, Class B | 5,280,500 | 414,810 | |
Hubbell Inc. | 1,835,000 | 352,338 | |
ManpowerGroup Inc. | 2,722,832 | 329,163 | |
Illinois Tool Works Inc. | 1,385,200 | 319,233 | |
Raytheon Technologies Corp. | 3,211,174 | 267,298 | |
ACS, Actividades de Construcción y Servicios, SA | 5,982,748 | 195,140 | |
Watsco, Inc. | 665,000 | 194,752 | |
General Dynamics Corp. | 800,000 | 152,184 | |
Deutsche Post AG | 1,746,861 | 102,813 | |
Johnson Controls International PLC | 1,533,000 | 95,567 | |
Caterpillar Inc. | 400,000 | 91,244 | |
Cummins Inc. | 300,000 | 75,612 | |
Associated Materials Group Inc.2,3,4,5 | 8,173,633 | 67,351 | |
Inwido AB4 | 1,850,000 | 32,387 | |
Singapore Technologies Engineering Ltd. | 8,496,000 | 24,644 | |
Intrum AB1 | 700,000 | 24,104 | |
Coor Service Management Holding AB | 1,750,000 | 14,801 | |
8,785,853 | |||
Real estate 6.59% | |||
Crown Castle International Corp. REIT | 10,261,688 | 1,940,075 | |
Digital Realty Trust, Inc. REIT | 9,204,000 | 1,420,269 | |
Gaming and Leisure Properties, Inc. REIT5 | 16,512,095 | 767,647 | |
Iron Mountain Inc. REIT | 13,695,000 | 549,443 | |
MGM Growth Properties LLC REIT, Class A5 | 10,906,300 | 392,845 | |
Prologis, Inc. REIT | 2,796,000 | 325,818 | |
Public Storage REIT | 1,138,000 | 319,960 | |
VICI Properties Inc. REIT | 9,950,000 | 315,415 | |
Camden Property Trust REIT | 2,580,285 | 310,873 | |
American Tower Corp. REIT | 842,000 | 214,516 | |
Shimao Group Holdings Ltd. | 71,784,000 | 207,929 | |
Lamar Advertising Co. REIT, Class A | 2,003,322 | 198,409 | |
Longfor Group Holdings Ltd. | 27,806,000 | 173,435 | |
Douglas Emmett, Inc. REIT | 4,750,000 | 159,315 | |
Federal Realty Investment Trust REIT | 1,400,000 | 157,976 | |
Extra Space Storage Inc. REIT | 983,000 | 146,162 | |
CIFI Holdings (Group) Co. Ltd. | 160,670,437 | 143,756 | |
Mid-America Apartment Communities, Inc. REIT | 875,000 | 137,664 | |
Simon Property Group, Inc. REIT | 1,000,000 | 121,740 | |
Boston Properties, Inc. REIT | 795,496 | 86,987 | |
Regency Centers Corp. REIT | 1,012,264 | 64,441 | |
Brookfield Property Partners LP | 950,000 | 17,091 |
The Income Fund of America — Page 3 of 50
unaudited
Common stocks (continued) Real estate (continued) | Shares | Value (000) | |
Selvaag Bolig ASA | 1,912,218 | $14,036 | |
Samhallsbyggnadsbolaget i Norden AB, Class B | 3,544,000 | 13,514 | |
8,199,316 | |||
Utilities 5.53% | |||
DTE Energy Company5 | 10,531,043 | 1,474,557 | |
Enel SpA | 146,898,535 | 1,460,025 | |
Brookfield Infrastructure Partners LP5 | 16,483,823 | 887,523 | |
Duke Energy Corp. | 7,746,365 | 779,981 | |
AES Corp. | 22,406,000 | 623,335 | |
Public Service Enterprise Group Inc. | 5,973,000 | 377,255 | |
Southern Co. | 4,859,400 | 321,547 | |
Dominion Energy, Inc. | 2,967,000 | 237,063 | |
Entergy Corp. | 2,045,100 | 223,509 | |
Guangdong Investment Ltd. | 72,294,000 | 111,311 | |
National Grid PLC | 6,866,922 | 86,357 | |
Engie SA4 | 5,286,200 | 78,615 | |
Xcel Energy Inc. | 939,000 | 66,951 | |
CMS Energy Corp. | 929,700 | 59,863 | |
Iberdrola, SA, non-registered shares4 | 2,493,114 | 33,675 | |
American Electric Power Company, Inc. | 346,700 | 30,756 | |
ContourGlobal PLC | 6,472,322 | 17,877 | |
Vistra Corp. | 70,873 | 1,196 | |
6,871,396 | |||
Materials 4.83% | |||
Rio Tinto PLC | 15,283,600 | 1,282,487 | |
Dow Inc. | 16,597,738 | 1,037,359 | |
Vale SA, ordinary nominative shares | 38,954,200 | 781,802 | |
LyondellBasell Industries NV | 7,148,000 | 741,533 | |
BASF SE | 5,608,000 | 452,268 | |
Packaging Corp. of America | 2,901,566 | 428,416 | |
BHP Group PLC | 12,969,600 | 391,280 | |
Air Products and Chemicals, Inc. | 1,029,071 | 296,866 | |
Polymetal International PLC | 9,900,000 | 204,471 | |
Fortescue Metals Group Ltd. | 10,529,000 | 183,228 | |
Nucor Corp. | 1,180,000 | 97,067 | |
Eastman Chemical Company | 324,864 | 37,486 | |
Newmont Corp. | 600,000 | 37,446 | |
Evonik Industries AG1 | 934,056 | 32,701 | |
6,004,410 | |||
Consumer discretionary 4.19% | |||
Home Depot, Inc. | 4,572,800 | 1,480,078 | |
Target Corp. | 4,877,000 | 1,010,807 | |
Restaurant Brands International Inc.1 | 8,319,502 | 570,801 | |
Darden Restaurants, Inc. | 3,346,000 | 490,925 | |
General Motors Company4 | 5,618,000 | 321,462 | |
Hasbro, Inc. | 2,406,600 | 239,336 | |
Stellantis NV | 14,320,490 | 237,935 | |
Las Vegas Sands Corp.4 | 2,975,000 | 182,249 | |
Industria de Diseño Textil, SA | 4,560,000 | 162,385 | |
Domino’s Pizza Group PLC5 | 30,671,123 | 162,063 | |
Persimmon PLC | 3,350,000 | 144,903 | |
Wynn Macau, Ltd.4 | 67,533,000 | 129,889 |
The Income Fund of America — Page 4 of 50
unaudited
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Sands China Ltd.4 | 8,703,800 | $41,347 | |
Sonans Gruppen AS4,5 | 2,000,000 | 13,695 | |
MYT Holding Co., Class B2,4 | 2,070,418 | 10,973 | |
NMG Parent LLC4 | 61,091 | 4,795 | |
NMG Parent LLC2,3,4,7 | 6,165 | 397 | |
5,204,040 | |||
Energy 3.80% | |||
Chevron Corp. | 9,859,600 | 1,016,229 | |
TC Energy Corp. (CAD denominated) | 14,086,000 | 696,880 | |
BP PLC | 120,775,559 | 505,395 | |
Valero Energy Corp. | 5,904,000 | 436,660 | |
ConocoPhillips | 7,280,000 | 372,299 | |
Exxon Mobil Corp. | 6,050,000 | 346,302 | |
Enbridge Inc. | 6,993,920 | 269,755 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 7,089,700 | 215,203 | |
Baker Hughes Co., Class A | 9,655,000 | 193,872 | |
Inter Pipeline Ltd. | 10,041,080 | 146,391 | |
Diamondback Energy, Inc. | 1,495,000 | 122,186 | |
EOG Resources, Inc. | 1,092,000 | 80,415 | |
Chesapeake Energy Corp.4 | 1,669,489 | 76,079 | |
Chesapeake Energy Corp.2,4,7 | 8,460 | 347 | |
Eni SpA | 3,600,000 | 42,978 | |
Royal Dutch Shell PLC, Class B (ADR) | 1,104,000 | 39,534 | |
Helmerich & Payne, Inc. | 1,360,000 | 34,857 | |
Rattler Midstream LP5 | 2,859,750 | 32,458 | |
Oasis Petroleum Inc. | 356,736 | 27,690 | |
Extraction Oil & Gas, Inc.4 | 392,277 | 16,389 | |
Extraction Oil & Gas, Inc.2,4,7 | 112,534 | 4,091 | |
Diamond Offshore Drilling, Inc.2,4 | 1,949,093 | 10,671 | |
Diamond Offshore Drilling, Inc.2,3,4,7 | 856,478 | 3,517 | |
Diamond Offshore Drilling, Inc.2,4,7 | 500,795 | 2,742 | |
Ascent Resources - Utica, LLC, Class A2,3,4,6 | 110,214,618 | 15,430 | |
Weatherford International4 | 922,566 | 9,779 | |
California Resources Corp.4 | 104,121 | 2,468 | |
Mesquite Energy, Inc.2,3,4 | 25,913 | 155 | |
McDermott International, Ltd.4 | 156,914 | 71 | |
Tapstone Energy, LLC2,3,4,7 | 66,043 | 1 | |
4,720,844 | |||
Communication services 3.61% | |||
Verizon Communications Inc. | 27,474,000 | 1,587,722 | |
SoftBank Corp. | 71,004,043 | 915,731 | |
Koninklijke KPN NV5 | 212,028,139 | 730,574 | |
BCE Inc. | 8,239,050 | 389,447 | |
Publicis Groupe SA4 | 4,199,000 | 271,899 | |
AT&T Inc. | 8,400,000 | 263,844 | |
TELUS Corp. | 11,105,160 | 230,388 | |
HKBN Ltd.5 | 66,072,000 | 96,797 | |
Cumulus Media Inc., Class A4 | 217,442 | 2,090 | |
Clear Channel Outdoor Holdings, Inc.4 | 152,827 | 384 | |
4,488,876 | |||
Total common stocks (cost: $61,714,900,000) | 93,075,108 |
The Income Fund of America — Page 5 of 50
unaudited
Preferred securities 0.62% Information technology 0.46% | Shares | Value (000) | |
Samsung Electronics Co., Ltd., nonvoting preferred shares | 8,658,000 | $570,532 | |
Financials 0.16% | |||
Citigroup Inc., Series K, noncumulative, preferred depositary shares | 2,145,767 | 61,047 | |
Citigroup Inc. 7.681% preferred shares | 2,245,277 | 60,937 | |
Goldman Sachs Group, Inc., Series J, 5.50% preferred depositary shares | 1,200,000 | 32,520 | |
PNC Financial Services Group, Inc., Series P, noncumulative preferred depositary shares | 1,000,000 | 26,220 | |
Wells Fargo & Company, Series Q, Class A, 5.85% noncumulative preferred depositary shares | 555,913 | 14,993 | |
195,717 | |||
Industrials 0.00% | |||
ACR III LSC Holdings LLC, Series B, preferred shares2,3,4,7 | 3,260 | 2,293 | |
Consumer discretionary 0.00% | |||
MYT Holding LLC, Series A, preferred shares | 1,427,896 | 1,449 | |
Total preferred securities (cost: $601,195,000) | 769,991 | ||
Rights & warrants 0.00% Energy 0.00% | |||
Chesapeake Energy Corp., Class B, warrants, expire 20264 | 147,850 | 2,920 | |
Chesapeake Energy Corp., Class A, warrants, expire 20264 | 117,537 | 2,672 | |
Chesapeake Energy Corp., Class C, warrants, expire 20264 | 16,085 | 312 | |
Sable Permian Resources, LLC, Class A, warrants, expire 20242,3,4 | 17,183 | —8 | |
5,904 | |||
Consumer discretionary 0.00% | |||
NMG Parent LLC, warrants, expire 20272,4 | 75,844 | 373 | |
Utilities 0.00% | |||
Vistra Energy Corp., rights2,3,4,7 | 1,138 | —8 | |
Total rights & warrants (cost: $14,764,000) | 6,277 | ||
Convertible stocks 1.17% Health care 0.48% | |||
Danaher Corp., Series A, cumulative convertible preferred shares, 4.75% 2022 | 150,000 | 257,027 | |
Danaher Corp., Series B, cumulative convertible preferred shares, 5.00% 2023 | 82,100 | 116,233 | |
Becton, Dickinson and Company, Series B, convertible preferred shares, 6.00% 2023 | 2,950,000 | 162,928 | |
Boston Scientific Corp., Series A, convertible preferred shares, 5.50% 2023 | 449,460 | 52,848 | |
589,036 | |||
Utilities 0.29% | |||
NextEra Energy, Inc., convertible preferred units, 5.279% 2023 | 3,420,300 | 172,280 | |
AES Corp., convertible preferred units, 6.875%, 2024 | 1,043,000 | 113,677 | |
DTE Energy Company, convertible preferred units, 6.25% 20225 | 902,600 | 45,798 | |
American Electric Power Company, Inc., convertible preferred units, 6.125% 2023 | 600,000 | 30,708 | |
362,463 |
The Income Fund of America — Page 6 of 50
unaudited
Convertible stocks (continued) Information technology 0.18% | Shares | Value (000) | |
Broadcom Inc., Series A, cumulative convertible preferred shares, 8.00% 2022 | 150,000 | $217,417 | |
Financials 0.10% | |||
KKR & Co. Inc., Series C, 6.00% convertible preferred shares | 1,693,425 | 126,973 | |
Consumer discretionary 0.09% | |||
Aptiv PLC, Series A, convertible preferred shares, 5.50% 2023 | 700,288 | 114,357 | |
Consumer staples 0.03% | |||
Bunge Ltd., 4.875% convertible preferred shares | 322,700 | 38,079 | |
Total convertible stocks (cost: $1,114,294,000) | 1,448,325 | ||
Convertible bonds & notes 0.00% Energy 0.00% | Principal amount (000) | ||
Mesquite Energy Inc., convertible notes, 15.19% 2023 (100% PIK)2,3,7,9 | $516 | 516 | |
Total convertible bonds & notes (cost: $516,000) | 516 | ||
Bonds, notes & other debt instruments 20.77% Corporate bonds, notes & loans 14.15% Financials 2.03% | |||
ACE INA Holdings Inc. 2.875% 2022 | 765 | 792 | |
ACE INA Holdings Inc. 3.35% 2026 | 765 | 841 | |
Advisor Group Holdings, LLC 6.25% 20287 | 25,993 | 27,000 | |
AerCap Holdings NV 4.50% 2023 | 10,000 | 10,773 | |
AerCap Holdings NV 6.50% 2025 | 4,315 | 5,080 | |
AG Merger Sub II, Inc. 10.75% 20277 | 38,257 | 42,578 | |
Alliant Holdings Intermediate, LLC 6.75% 20277 | 22,331 | 23,492 | |
Ally Financial Inc. 8.00% 2031 | 11,764 | 16,212 | |
American International Group, Inc. 2.50% 2025 | 25,000 | 26,367 | |
American International Group, Inc. 3.40% 2030 | 4,100 | 4,386 | |
American International Group, Inc. 4.375% 2050 | 3,450 | 3,985 | |
Aretec Escrow Issuer Inc. 7.50% 20297 | 17,335 | 17,785 | |
AssuredPartners, Inc. 8.00% 20277 | 17,850 | 19,055 | |
AssuredPartners, Inc. 5.625% 20297 | 9,385 | 9,526 | |
AXA Equitable Holdings, Inc. 5.00% 2048 | 1,500 | 1,833 | |
Bangkok Bank PCL 3.733% 2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029)10 | 8,245 | 8,404 | |
Bank of America Corp. 5.00% 2021 | 3,500 | 3,504 | |
Bank of America Corp. 2.456% 2025 (3-month USD-LIBOR + 0.87% on 10/22/2024)10 | 10,750 | 11,292 | |
Bank of America Corp. 1.197% 2026 (USD-SOFR + 1.01% on 10/24/2025)10 | 7,500 | 7,454 | |
Bank of America Corp. 1.319% 2026 (USD-SOFR + 1.15% on 6/19/2025)10 | 9,700 | 9,726 | |
Bank of America Corp. 1.734% 2027 (USD-SOFR + 0.96% on 7/22/2026)10 | 2,884 | 2,912 | |
Bank of America Corp. 3.419% 2028 (3-month USD-LIBOR + 1.04% on 12/20/2027)10 | 5,400 | 5,852 | |
Bank of America Corp. 1.898% 2031 (USD-SOFR + 1.53% on 7/23/2030)10 | 20,000 | 18,988 | |
Bank of America Corp. 1.922% 2031 (USD-SOFR + 1.37% on 10/24/2030)10 | 34,000 | 32,284 | |
Bank of America Corp. 2.687% 2032 (USD-SOFR + 1.32% on 4/22/2031)10 | 14,617 | 14,805 | |
Bank of China Ltd. (Hong Kong Branch) 3.875% 2025 | 359 | 393 | |
Bank of China Ltd. (Hong Kong Branch) 4.00% 2028 | 200 | 217 |
The Income Fund of America — Page 7 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Bank of Nova Scotia 1.625% 2023 | $8,000 | $8,198 | |
Berkshire Hathaway Finance Corp. 4.20% 2048 | 9,020 | 10,639 | |
BNP Paribas 2.819% 2025 (3-month USD-LIBOR + 1.111% on 11/19/2024)7,10 | 5,750 | 6,061 | |
BNP Paribas 3.375% 20257 | 22,125 | 23,847 | |
BNP Paribas 2.219% 2026 (USD-SOFR + 2.074% on 6/9/2025)7,10 | 22,950 | 23,666 | |
BNP Paribas 1.323% 2027 (USD-SOFR + 1.004% on 1/13/2026)7,10 | 12,125 | 11,950 | |
BNP Paribas 2.871% 2032 (USD-SOFR + 1.387% on 4/19/2031)7,10 | 5,200 | 5,241 | |
CIT Group Inc. 3.929% 2024 (USD-SOFR + 3.827% on 6/19/2023)10 | 11,575 | 12,255 | |
Citigroup Inc. 3.106% 2026 (USD-SOFR + 2.842% on 3/8/2026)10 | 7,300 | 7,835 | |
Citigroup Inc. 4.60% 2026 | 3,875 | 4,432 | |
Citigroup Inc. 3.668% 2028 (3-month USD-LIBOR + 1.39% on 7/24/2027)10 | 700 | 772 | |
Citigroup Inc. 2.976% 2030 (USD-SOFR + 1.422% on 11/5/2029)10 | 2,400 | 2,503 | |
Citigroup Inc. 2.572% 2031 (USD-SOFR + 2.107% on 6/3/2030)10 | 14,800 | 14,865 | |
Citigroup Inc. 4.412% 2031 (USD-SOFR + 3.914% on 3/31/2030)10 | 3,000 | 3,435 | |
Citigroup Inc., Series A, junior subordinated, 5.95% (3-month USD-LIBOR + 4.068% on 1/30/2023)10 | 100 | 106 | |
CME Group Inc. 3.75% 2028 | 6,875 | 7,758 | |
Commonwealth Bank of Australia 3.35% 2024 | 800 | 868 | |
Commonwealth Bank of Australia 3.35% 20247 | 675 | 732 | |
Compass Diversified Holdings 5.25% 20297 | 30,740 | 32,469 | |
Crédit Agricole SA 1.907% 2026 (USD-SOFR + 1.676% on 6/16/2025)7,10 | 10,675 | 10,886 | |
Crédit Agricole SA 1.247% 2027 (USD-SOFR + 0.892% on 1/26/2026)7,10 | 4,900 | 4,815 | |
Credit Suisse Group AG 2.997% 2023 (3-month USD-LIBOR + 1.20% on 12/14/2022)7,10 | 4,750 | 4,917 | |
Credit Suisse Group AG 3.80% 2023 | 14,925 | 15,869 | |
Credit Suisse Group AG 2.593% 2025 (USD-SOFR + 1.56% on 9/11/2024)7,10 | 1,275 | 1,327 | |
Credit Suisse Group AG 2.193% 2026 (USD-SOFR + 2.044% on 6/5/2025)7,10 | 13,800 | 14,112 | |
Credit Suisse Group AG 1.305% 2027 (USD-SOFR + 0.98% on 2/2/2026)7,10 | 16,300 | 15,885 | |
Credit Suisse Group AG 3.869% 2029 (3-month USD-LIBOR + 1.41% on 1/12/2028)7,10 | 1,975 | 2,136 | |
Credit Suisse Group AG 4.194% 2031 (USD-SOFR + 3.73% on 4/1/2030)7,10 | 10,408 | 11,517 | |
Danske Bank AS 3.875% 20237 | 9,604 | 10,272 | |
Deutsche Bank AG 3.375% 2021 | 1,825 | 1,826 | |
Deutsche Bank AG 4.25% 2021 | 725 | 737 | |
Deutsche Bank AG 3.30% 2022 | 460 | 477 | |
Deutsche Bank AG 5.00% 2022 | 3,875 | 4,006 | |
Deutsche Bank AG 3.95% 2023 | 5,345 | 5,638 | |
Deutsche Bank AG 2.222% 2024 (USD-SOFR + 2.159% on 9/18/2023)10 | 21,775 | 22,355 | |
Deutsche Bank AG 3.70% 2024 | 12,650 | 13,587 | |
Deutsche Bank AG 3.961% 2025 (USD-SOFR + 2.581% on 11/26/2024)10 | 89,325 | 96,831 | |
Deutsche Bank AG 2.129% 2026 (USD-SOFR + 1.87% on 11/24/2025)10 | 37,898 | 38,412 | |
Deutsche Bank AG 4.10% 2026 | 33,957 | 37,179 | |
Deutsche Bank AG 3.547% 2031 (USD-SOFR + 3.043% on 9/18/2030)10 | 6,450 | 6,760 | |
Deutsche Bank AG 3.729% 2032 (USD-SOFR + 2.757% on 1/14/2031)10 | 16,000 | 15,873 | |
Fairstone Financial Inc. 7.875% 20247 | 14,921 | 15,675 | |
FS Energy and Power Fund 7.50% 20237 | 30,250 | 30,783 | |
GE Capital Funding, LLC 4.05% 20277 | 12,025 | 13,463 | |
GE Capital Funding, LLC 4.40% 20307 | 23,000 | 26,182 | |
Goldman Sachs Group, Inc. 5.75% 2022 | 20,000 | 20,790 | |
Goldman Sachs Group, Inc. 2.905% 2023 (3-month USD-LIBOR + 0.99% on 7/24/2022)10 | 10,904 | 11,228 | |
Goldman Sachs Group, Inc. 3.272% 2025 (3-month USD-LIBOR + 1.201% on 9/29/2024)10 | 1,100 | 1,182 | |
Goldman Sachs Group, Inc. 1.093% 2026 (USD-SOFR + 0.789% on 12/9/2025)10 | 11,625 | 11,465 | |
Goldman Sachs Group, Inc. 1.431% 2027 (USD-SOFR + 0.795% on 3/9/2026)10 | 28,650 | 28,551 | |
Goldman Sachs Group, Inc. 3.691% 2028 (3-month USD-LIBOR + 1.51% on 6/5/2027)10 | 8,000 | 8,822 | |
Goldman Sachs Group, Inc. 2.615% 2032 (USD-SOFR + 1.281% on 4/22/2031)10 | 8,023 | 8,069 | |
Goldman Sachs Group, Inc. 3.21% 2042 (USD-SOFR + 1.513% on 4/22/2041)10 | 14,770 | 14,932 | |
Groupe BPCE SA 5.70% 20237 | 16,825 | 18,753 |
The Income Fund of America — Page 8 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Groupe BPCE SA 5.15% 20247 | $18,160 | $20,367 | |
Groupe BPCE SA 1.00% 20267 | 20,700 | 20,308 | |
Groupe BPCE SA 1.652% 2026 (USD-SOFR + 1.52% on 10/6/2025)7,10 | 6,925 | 6,934 | |
Groupe BPCE SA 2.277% 2032 (USD-SOFR + 1.312% on 1/20/2031)7,10 | 7,675 | 7,423 | |
Hightower Holding, LLC 6.75% 20297 | 10,980 | 11,255 | |
HSBC Holdings PLC 4.25% 2024 | 9,000 | 9,830 | |
HSBC Holdings PLC 2.099% 2026 (USD-SOFR + 1.929% on 6/4/2025)10 | 14,000 | 14,336 | |
HSBC Holdings PLC 4.583% 2029 (3-month USD-LIBOR + 1.535% on 6/19/2028)10 | 5,750 | 6,536 | |
HUB International Ltd. 7.00% 20267 | 28,461 | 29,526 | |
HUB International Ltd., Term Loan B, (3-month USD-LIBOR + 3.25%) 4.00% 202511,12 | 5,925 | 5,931 | |
Icahn Enterprises Finance Corp. 5.25% 2027 | 5,230 | 5,341 | |
Icahn Enterprises Finance Corp. 4.375% 20297 | 9,625 | 9,348 | |
Intercontinental Exchange, Inc. 2.65% 2040 | 12,025 | 11,211 | |
Intesa Sanpaolo SpA 3.125% 20227 | 11,300 | 11,605 | |
Intesa Sanpaolo SpA 3.375% 20237 | 9,360 | 9,762 | |
Intesa Sanpaolo SpA 3.25% 20247 | 1,730 | 1,847 | |
Intesa Sanpaolo SpA 5.017% 20247 | 149,555 | 162,536 | |
Intesa Sanpaolo SpA 5.71% 20267 | 43,165 | 48,444 | |
Intesa Sanpaolo SpA 3.875% 20277 | 9,300 | 10,109 | |
Intesa Sanpaolo SpA 3.875% 20287 | 2,820 | 3,018 | |
JPMorgan Chase & Co. 3.559% 2024 (3-month USD-LIBOR + 0.73% on 4/23/2023)10 | 5,400 | 5,726 | |
JPMorgan Chase & Co. 3.875% 2024 | 150 | 164 | |
JPMorgan Chase & Co. 2.301% 2025 (USD-SOFR + 1.16% on 10/15/2024)10 | 250 | 261 | |
JPMorgan Chase & Co. 2.005% 2026 (USD-SOFR + 1.585% on 3/13/2025)10 | 23,150 | 23,894 | |
JPMorgan Chase & Co. 2.182% 2028 (USD-SOFR + 1.89% on 6/1/2027)10 | 4,400 | 4,496 | |
JPMorgan Chase & Co. 3.54% 2028 (3-month USD-LIBOR + 1.38% on 5/1/2027)10 | 350 | 383 | |
JPMorgan Chase & Co. 2.522% 2031 (USD-SOFR + 2.04% on 4/22/2030)10 | 4,100 | 4,146 | |
JPMorgan Chase & Co. 2.58% 2032 (USD-SOFR + 1.25% on 4/22/2031)10 | 11,815 | 11,873 | |
JPMorgan Chase & Co. 3.157% 2042 (USD-SOFR + 1.46% on 4/22/2041)10 | 16,675 | 16,727 | |
JPMorgan Chase & Co. 3.328% 2052 (USD-SOFR + 1.58% on 4/22/2051)10 | 16,675 | 16,710 | |
JPMorgan Chase & Co., Series Z, junior subordinated, 4.005% (3-month USD-LIBOR + 3.80% on 8/2/2021)10 | 30,000 | 30,153 | |
JPMorgan Chase & Co., Series S, junior subordinated, 6.75% (3-month USD-LIBOR + 3.78% on 2/1/2024)10 | 25,901 | 28,799 | |
Kasikornbank PC HK 3.343% 2031 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.70% on 10/2/2026)10 | 8,320 | 8,514 | |
Ladder Capital Corp. 5.25% 20227 | 2,150 | 2,162 | |
Ladder Capital Corp. 4.25% 20277 | 16,519 | 16,239 | |
Liberty Mutual Group Inc. 4.25% 20237 | 971 | 1,047 | |
Liberty Mutual Group Inc. 4.569% 20297 | 3,429 | 3,983 | |
Lloyds Banking Group PLC 4.05% 2023 | 6,000 | 6,469 | |
Lloyds Banking Group PLC 4.582% 2025 | 7,000 | 7,848 | |
Lloyds Banking Group PLC 2.438% 2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.00% on 2/5/2025)10 | 5,600 | 5,842 | |
Lloyds Banking Group PLC 4.375% 2028 | 3,950 | 4,483 | |
LPL Financial Holdings Inc. 4.625% 20277 | 35,125 | 36,728 | |
MGIC Investment Corp. 5.25% 2028 | 5,075 | 5,360 | |
Mitsubishi UFJ Financial Group, Inc. 1.412% 2025 | 3,850 | 3,877 | |
Mizuho Financial Group, Inc. 0.849% 2024 (3-month USD-LIBOR + 0.61% on 9/8/2023)10 | 5,200 | 5,216 | |
Mizuho Financial Group, Inc. 1.979% 2031 (3-month USD-LIBOR + 1.27% on 9/8/2030)10 | 4,100 | 3,927 | |
Morgan Stanley 3.70% 2024 | 600 | 657 | |
Morgan Stanley 0.985% 2026 (USD-SOFR + 0.72% on 12/10/2025)10 | 21,303 | 20,920 | |
Morgan Stanley 1.593% 2027 (USD-SOFR + 0.879% on 5/4/2026)10 | 9,869 | 9,921 | |
Morgan Stanley 1.928% 2032 (USD-SOFR + 1.02% on 4/28/2031)10 | 37,500 | 35,554 |
The Income Fund of America — Page 9 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Morgan Stanley 3.217% 2042 (USD-SOFR + 1.485% on 4/22/2041)10 | $2,854 | $2,896 | |
MSCI Inc. 5.375% 20277 | 13,336 | 14,290 | |
MSCI Inc. 4.00% 20297 | 19,500 | 20,403 | |
MSCI Inc. 3.625% 20317 | 11,825 | 11,825 | |
MSCI Inc. 3.875% 20317 | 11,064 | 11,353 | |
National Financial Partners Corp. 6.875% 20287 | 17,826 | 18,730 | |
National Rural Utilities Cooperative Finance Corp. 3.70% 2029 | 3,520 | 3,883 | |
Nationwide Mutual Insurance Co. (3-month USD-LIBOR + 2.29%) 2.474% 20247,12 | 8,150 | 8,146 | |
Navient Corp. 6.50% 2022 | 7,115 | 7,471 | |
Navient Corp. 5.50% 2023 | 57,536 | 60,269 | |
Navient Corp. 7.25% 2023 | 2,700 | 2,940 | |
Navient Corp. 5.875% 2024 | 14,665 | 15,459 | |
Navient Corp. 6.125% 2024 | 29,925 | 31,702 | |
Navient Corp. 5.00% 2027 | 16,025 | 16,165 | |
Navient Corp. 5.625% 2033 | 10,990 | 10,305 | |
Owl Rock Capital Corp. 4.625% 20247 | 9,285 | 9,765 | |
Owl Rock Capital Corp. 3.75% 2025 | 12,173 | 12,908 | |
Owl Rock Capital Corp. 4.00% 2025 | 449 | 478 | |
Owl Rock Capital Corp. 3.375% 2026 | 5,700 | 5,915 | |
Owl Rock Capital Corp. 2.625% 2027 | 20,000 | 19,915 | |
PNC Financial Services Group, Inc. 2.854% 202210 | 8,395 | 8,715 | |
PNC Financial Services Group, Inc. 3.90% 2024 | 3,000 | 3,280 | |
PNC Financial Services Group, Inc., Series O, junior subordinated, 6.75% (3-month USD-LIBOR + 3.678% on 8/1/2021)10 | 80 | 81 | |
Prudential Financial, Inc. 4.35% 2050 | 7,000 | 8,327 | |
Prudential Financial, Inc., junior subordinated, 5.625% 2043 (3-month USD-LIBOR + 3.92% on 6/15/2023)10 | 1,850 | 2,007 | |
Prudential Financial, Inc., junior subordinated, 5.70% 2048 (3-month USD-LIBOR + 2.665% on 9/15/2028)10 | 4,000 | 4,634 | |
Quicken Loans, LLC 3.625% 20297 | 6,645 | 6,475 | |
Rabobank Nederland 2.75% 2022 | 2,825 | 2,874 | |
Rabobank Nederland 4.375% 2025 | 9,000 | 10,039 | |
Royal Bank of Canada 1.15% 2025 | 12,367 | 12,453 | |
Royal Bank of Canada 0.875% 2026 | 9,025 | 8,912 | |
Santander Holdings USA, Inc. 4.45% 2021 | 2,172 | 2,216 | |
Santander Holdings USA, Inc. 3.70% 2022 | 6,950 | 7,130 | |
Santander Holdings USA, Inc. 3.40% 2023 | 12,500 | 13,040 | |
Santander Holdings USA, Inc. 3.50% 2024 | 11,250 | 12,049 | |
Springleaf Finance Corp. 6.125% 2024 | 20,000 | 21,625 | |
Starwood Property Trust, Inc. 5.00% 2021 | 30,716 | 31,067 | |
Starwood Property Trust, Inc. 5.50% 20237 | 5,400 | 5,677 | |
Swiss Re Finance (Luxembourg) SA 5.00% 2049 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.582% on 4/2/2029)7,10 | 3,800 | 4,308 | |
Synchrony Financial 2.85% 2022 | 7,075 | 7,249 | |
Synchrony Financial 4.375% 2024 | 5,095 | 5,552 | |
Toronto-Dominion Bank 0.75% 2025 | 6,575 | 6,499 | |
Toronto-Dominion Bank 1.15% 2025 | 20,075 | 20,190 | |
Travelport Finance Luxembourg SARL, Term Loan, (3-month USD-LIBOR + 5.00%) 5.203% 202611,12 | 10 | 9 | |
U.S. Bancorp 3.70% 2024 | 10,000 | 10,863 | |
U.S. Bancorp 2.375% 2026 | 6,000 | 6,337 | |
UBS Group AG 4.125% 20257 | 4,425 | 4,941 | |
UBS Group AG 1.364% 2027 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.08% on 1/30/2026)7,10 | 4,000 | 3,963 | |
UniCredit SpA 3.75% 20227 | 27,048 | 27,801 |
The Income Fund of America — Page 10 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
UniCredit SpA 6.572% 20227 | $42,725 | $44,384 | |
UniCredit SpA 4.625% 20277 | 1,730 | 1,942 | |
UniCredit SpA 5.861% 2032 (5-year USD-ICE Swap + 3.703% on 6/19/2027)7,10 | 23,729 | 26,335 | |
UniCredit SpA 7.296% 2034 (5-year USD-ICE Swap + 4.914% on 4/2/2029)7,10 | 13,894 | 16,506 | |
UniCredit SpA 5.459% 2035 (5-year USD-ICE Swap + 4.75% on 6/30/2030)7,10 | 1,260 | 1,354 | |
WASH Multifamily Acquisition Inc. 5.75% 20267 | 12,245 | 12,735 | |
Wells Fargo & Company 1.654% 2024 (USD-SOFR + 1.60% on 6/2/2023)10 | 6,500 | 6,648 | |
Wells Fargo & Company 2.406% 2025 (3-month USD-LIBOR + 0.825% on 10/30/2024)10 | 25,175 | 26,343 | |
Wells Fargo & Company 2.164% 2026 (3-month USD-LIBOR + 0.75% on 2/11/2025)10 | 12,000 | 12,434 | |
Wells Fargo & Company 2.188% 2026 (USD-SOFR + 2.00% on 4/30/2025)10 | 9,350 | 9,693 | |
Wells Fargo & Company 2.393% 2028 (USD-SOFR + 2.10% on 6/2/2027)10 | 3,950 | 4,070 | |
Wells Fargo & Company 3.584% 2028 (3-month USD-LIBOR + 1.31% on 5/22/2027)10 | 281 | 308 | |
Wells Fargo & Company 2.879% 2030 (3-month USD-LIBOR + 1.17% on 10/30/2029)10 | 4,875 | 5,064 | |
Wells Fargo & Company 2.572% 2031 (3-month USD-LIBOR + 1.00% on 2/11/2030)10 | 13,850 | 14,008 | |
Wells Fargo & Company 5.013% 2051 (3-month USD-LIBOR + 4.24% on 4/4/2050)10 | 4,150 | 5,398 | |
Westpac Banking Corp. 2.894% 2030 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.35% on 2/4/2025)10 | 7,000 | 7,253 | |
Westpac Banking Corp. 2.668% 2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 11/15/2030)10 | 11,150 | 10,706 | |
Westpac Banking Corp. 2.963% 2040 | 5,075 | 4,782 | |
2,529,320 | |||
Energy 2.00% | |||
Antero Resources Corp. 7.625% 20297 | 1,900 | 2,063 | |
Apache Corp. 4.625% 2025 | 6,905 | 7,302 | |
Apache Corp. 4.875% 2027 | 35,590 | 37,610 | |
Apache Corp. 4.375% 2028 | 21,339 | 21,792 | |
Apache Corp. 4.25% 2030 | 4,870 | 4,893 | |
Apache Corp. 6.00% 2037 | 3,565 | 4,028 | |
Apache Corp. 4.75% 2043 | 7,110 | 7,070 | |
Apache Corp. 4.25% 2044 | 4,600 | 4,294 | |
Apache Corp. 5.35% 2049 | 28,900 | 28,972 | |
Ascent Resources - Utica LLC 7.00% 20267 | 25,715 | 26,106 | |
Ascent Resources - Utica LLC 9.00% 20277 | 959 | 1,249 | |
Ascent Resources - Utica LLC 8.25% 20287 | 5,863 | 6,305 | |
Ascent Resources - Utica LLC, Term Loan, (3-month USD-LIBOR + 9.00%) 10.00% 20257,11,12 | 6,827 | 7,591 | |
Baker Hughes, a GE Co. 4.486% 2030 | 1,650 | 1,904 | |
Blue Racer Midstream LLC and Blue Racer Finance Corp. 7.625% 20257 | 9,771 | 10,575 | |
BP Capital Markets America Inc. 2.772% 2050 | 13,465 | 11,947 | |
BP Capital Markets PLC 3.00% 2050 | 1,600 | 1,480 | |
California Resources Corp. 7.125% 20267 | 10,465 | 10,735 | |
Canadian Natural Resources Ltd. 2.05% 2025 | 4,343 | 4,437 | |
Canadian Natural Resources Ltd. 3.85% 2027 | 2,760 | 3,021 | |
Canadian Natural Resources Ltd. 2.95% 2030 | 12,054 | 12,202 | |
Canadian Natural Resources Ltd. 4.95% 2047 | 1,800 | 2,139 | |
Cenovus Energy Inc. 3.80% 2023 | 17,288 | 18,218 | |
Cenovus Energy Inc. 5.375% 2025 | 8,000 | 9,102 | |
Cenovus Energy Inc. 4.25% 2027 | 43,601 | 47,941 | |
Cenovus Energy Inc. 5.25% 2037 | 4,770 | 5,309 | |
Cenovus Energy Inc. 5.40% 2047 | 9,218 | 10,514 | |
Centennial Resource Production, LLC 6.875% 20277 | 2,615 | 2,468 | |
Cheniere Energy Partners, LP 5.625% 2026 | 10,950 | 11,429 | |
Cheniere Energy Partners, LP 4.50% 2029 | 41,021 | 42,889 | |
Cheniere Energy Partners, LP 4.00% 20317 | 32,605 | 33,216 |
The Income Fund of America — Page 11 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Cheniere Energy, Inc. 5.125% 2027 | $31,000 | $35,775 | |
Cheniere Energy, Inc. 4.625% 20287 | 46,970 | 49,032 | |
Chesapeake Energy Corp. 4.875% 202213 | 28,085 | 597 | |
Chesapeake Energy Corp. 5.50% 20267 | 17,240 | 18,210 | |
Chesapeake Energy Corp. 5.875% 20297 | 9,515 | 10,264 | |
Chevron Corp. 1.995% 2027 | 3,947 | 4,085 | |
Chevron Corp. 3.078% 2050 | 900 | 880 | |
Chevron USA Inc. 1.018% 2027 | 4,823 | 4,687 | |
Chevron USA Inc. 3.25% 2029 | 1,900 | 2,063 | |
Chevron USA Inc. 4.95% 2047 | 2,550 | 3,252 | |
Chevron USA Inc. 4.20% 2049 | 1,200 | 1,391 | |
CNX Resources Corp. 7.25% 20277 | 23,775 | 25,712 | |
CNX Resources Corp. 6.00% 20297 | 8,260 | 8,837 | |
Comstock Resources, Inc. 9.75% 2026 | 4,946 | 5,384 | |
Comstock Resources, Inc. 6.75% 20297 | 17,565 | 17,965 | |
ConocoPhillips 4.30% 20287 | 14,440 | 16,508 | |
Continental Resources Inc. 5.75% 20317 | 6,320 | 7,339 | |
Convey Park Energy LLC 7.50% 20257 | 396 | 410 | |
Diamond Offshore Drilling, Inc. 9.00% 20272,3,7,9 | 3,330 | 3,330 | |
Diamond Offshore Drilling, Inc. 9.00% 20272,3,9 | 529 | 529 | |
Diamondback Energy, Inc. 4.40% 2051 | 5,180 | 5,447 | |
El Paso Pipeline Partners Operating Co., LLC 4.70% 2042 | 33,265 | 37,050 | |
Enbridge Energy Partners, LP 5.875% 2025 | 2,545 | 3,018 | |
Enbridge Energy Partners, LP 5.50% 2040 | 1,200 | 1,472 | |
Enbridge Energy Partners, LP 7.375% 2045 | 18,914 | 28,216 | |
Enbridge Energy Partners, LP, Series B, 7.50% 2038 | 6,000 | 8,459 | |
Enbridge Inc. 4.00% 2023 | 5,830 | 6,246 | |
Enbridge Inc. 2.50% 2025 | 3,500 | 3,663 | |
Endeavor Energy Resources, LP 6.625% 20257 | 9,125 | 9,730 | |
Energy Transfer Operating, LP 5.875% 2024 | 629 | 700 | |
Energy Transfer Operating, LP 2.90% 2025 | 9,203 | 9,666 | |
Energy Transfer Operating, LP 3.75% 2030 | 16,115 | 16,787 | |
Energy Transfer Operating, LP 5.00% 2050 | 84,207 | 88,890 | |
Energy Transfer Partners, LP 4.50% 2024 | 2,170 | 2,386 | |
Energy Transfer Partners, LP 4.75% 2026 | 8,000 | 8,949 | |
Energy Transfer Partners, LP 4.20% 2027 | 7,263 | 7,941 | |
Energy Transfer Partners, LP 4.95% 2028 | 9,400 | 10,583 | |
Energy Transfer Partners, LP 6.125% 2045 | 7,449 | 8,672 | |
Energy Transfer Partners, LP 5.30% 2047 | 8,944 | 9,545 | |
Energy Transfer Partners, LP 6.00% 2048 | 8,153 | 9,422 | |
Energy Transfer Partners, LP 6.25% 2049 | 5,891 | 7,083 | |
Enterprise Products Operating LLC 3.20% 2052 | 1,212 | 1,119 | |
EQM Midstream Partners, LP 4.125% 2026 | 3,036 | 3,071 | |
EQM Midstream Partners, LP 6.50% 20277 | 34,680 | 38,338 | |
EQM Midstream Partners, LP 5.50% 2028 | 11,440 | 12,166 | |
EQM Midstream Partners, LP 4.50% 20297 | 5,045 | 5,020 | |
EQM Midstream Partners, LP 4.75% 20317 | 18,310 | 18,149 | |
EQT Corp. 3.00% 2022 | 35,175 | 35,878 | |
EQT Corp. 7.625% 2025 (7.375% on 2/1/2025)10 | 22,569 | 26,011 | |
EQT Corp. 3.90% 2027 | 1,950 | 2,035 | |
EQT Corp. 5.00% 2029 | 2,485 | 2,720 | |
EQT Corp. 8.50% 2030 (8.25% on 8/1/2021)10 | 6,885 | 8,813 | |
Equinor ASA 3.00% 2027 | 7,000 | 7,570 | |
Equinor ASA 3.625% 2028 | 5,265 | 5,832 |
The Income Fund of America — Page 12 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Equinor ASA 3.25% 2049 | $7,583 | $7,611 | |
Exxon Mobil Corp. 2.44% 2029 | 4,315 | 4,432 | |
Exxon Mobil Corp. 2.61% 2030 | 1,700 | 1,744 | |
Genesis Energy, LP 5.625% 2024 | 2,890 | 2,895 | |
Genesis Energy, LP 6.50% 2025 | 18,279 | 18,393 | |
Genesis Energy, LP 8.00% 2027 | 26,670 | 27,510 | |
Harvest Midstream I, LP 7.50% 20287 | 17,655 | 19,074 | |
Hess Midstream Partners LP 5.125% 20287 | 9,435 | 9,791 | |
Hilcorp Energy I, LP 5.75% 20257 | 11,400 | 11,576 | |
Hilcorp Energy I, LP 5.75% 20297 | 2,210 | 2,254 | |
Hilcorp Energy I, LP 6.00% 20317 | 16,005 | 16,526 | |
Indigo Natural Resources LLC 5.375% 20297 | 5,980 | 5,943 | |
Kinder Morgan Energy Partners, LP 5.00% 2043 | 20,000 | 22,967 | |
Kinder Morgan, Inc. 3.60% 2051 | 10,000 | 9,604 | |
MPLX LP 1.75% 2026 | 6,500 | 6,544 | |
MPLX LP 2.65% 2030 | 11,897 | 11,758 | |
MPLX LP 4.70% 2048 | 7,500 | 8,218 | |
MPLX LP 5.50% 2049 | 8,324 | 10,142 | |
Nabors Industries Inc. 5.75% 2025 | 2,625 | 2,175 | |
New Fortress Energy Inc. 6.50% 20267 | 13,415 | 13,707 | |
NGL Energy Operating LLC 7.50% 20267 | 75,280 | 78,950 | |
NGL Energy Partners LP 7.50% 2023 | 8,696 | 8,495 | |
NGL Energy Partners LP 6.125% 2025 | 25,543 | 22,770 | |
Northern Oil and Gas, Inc. 8.125% 20287 | 12,210 | 12,565 | |
NuStar Logistics, LP 6.00% 2026 | 11,725 | 12,727 | |
Oasis Midstream Partners LP / OMP Finance Corp. 8.00% 20297 | 36,885 | 37,796 | |
Occidental Petroleum Corp. 2.70% 2023 | 6,110 | 6,138 | |
Occidental Petroleum Corp. 2.90% 2024 | 13,065 | 13,049 | |
Occidental Petroleum Corp. 5.875% 2025 | 26,340 | 28,809 | |
Occidental Petroleum Corp. 8.00% 2025 | 22,050 | 25,785 | |
Occidental Petroleum Corp. 8.50% 2027 | 13,000 | 15,836 | |
Occidental Petroleum Corp. 6.375% 2028 | 10,000 | 11,213 | |
Occidental Petroleum Corp. 3.50% 2029 | 4,530 | 4,332 | |
Occidental Petroleum Corp. 6.625% 2030 | 11,445 | 13,062 | |
Occidental Petroleum Corp. 8.875% 2030 | 34,900 | 44,890 | |
Occidental Petroleum Corp. 6.125% 2031 | 8,675 | 9,662 | |
Occidental Petroleum Corp. 6.45% 2036 | 1,095 | 1,246 | |
Occidental Petroleum Corp. 6.60% 2046 | 2,000 | 2,208 | |
ONEOK, Inc. 2.20% 2025 | 413 | 425 | |
ONEOK, Inc. 5.85% 2026 | 16,293 | 19,213 | |
ONEOK, Inc. 3.10% 2030 | 1,154 | 1,173 | |
ONEOK, Inc. 6.35% 2031 | 7,405 | 9,359 | |
ONEOK, Inc. 5.20% 2048 | 5,652 | 6,476 | |
ONEOK, Inc. 4.50% 2050 | 2,530 | 2,648 | |
ONEOK, Inc. 7.15% 2051 | 3,048 | 4,193 | |
Peabody Energy Corp. 8.50% 20247,9 | 8,844 | 4,245 | |
Petrobras Global Finance Co. 5.60% 2031 | 8,000 | 8,648 | |
Petrobras Global Finance Co. 6.90% 2049 | 5,330 | 6,009 | |
Petrobras Global Finance Co. 6.75% 2050 | 23,640 | 25,903 | |
Petróleos Mexicanos 4.875% 2022 | 11,055 | 11,303 | |
Petróleos Mexicanos 5.375% 2022 | 4,165 | 4,285 | |
Petróleos Mexicanos 3.50% 2023 | 3,325 | 3,395 | |
Petróleos Mexicanos 4.625% 2023 | 4,243 | 4,408 | |
Petróleos Mexicanos 6.875% 20257 | 16,543 | 18,081 |
The Income Fund of America — Page 13 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Petróleos Mexicanos 6.875% 2025 | $2,412 | $2,636 | |
Petróleos Mexicanos 6.875% 2026 | 77,241 | 84,057 | |
Petróleos Mexicanos 6.50% 2027 | 72,935 | 77,220 | |
Phillips 66 2.15% 2030 | 3,995 | 3,810 | |
PIC AU Holdings Corp. / PIC AU Holdings LLC 10.00% 20247 | 1,180 | 1,086 | |
Pioneer Natural Resources Company 1.125% 2026 | 3,586 | 3,539 | |
Pioneer Natural Resources Company 2.15% 2031 | 9,744 | 9,222 | |
Plains All American Pipeline, LP 3.80% 2030 | 1,361 | 1,403 | |
Range Resources Corp. 4.875% 2025 | 4,875 | 4,851 | |
Range Resources Corp. 8.25% 20297 | 13,390 | 14,543 | |
Rattler Midstream Partners LP 5.625% 20257 | 4,800 | 5,068 | |
Rockies Express Pipeline LLC 4.95% 20297 | 11,768 | 12,011 | |
Sabine Pass Liquefaction, LLC 5.625% 202310 | 9,500 | 10,282 | |
Sabine Pass Liquefaction, LLC 5.75% 2024 | 10,000 | 11,295 | |
Sabine Pass Liquefaction, LLC 5.625% 2025 | 6,445 | 7,399 | |
Sabine Pass Liquefaction, LLC 5.875% 2026 | 2,100 | 2,488 | |
Sabine Pass Liquefaction, LLC 4.50% 2030 | 16,532 | 18,637 | |
Sanchez Energy Corp. 7.25% 20237,13 | 5,374 | 34 | |
Saudi Arabian Oil Co. 2.875% 20247 | 7,813 | 8,258 | |
Saudi Arabian Oil Co. 1.625% 20257 | 589 | 597 | |
Saudi Arabian Oil Co. 3.50% 20297 | 3,207 | 3,444 | |
Saudi Arabian Oil Co. 2.25% 20307 | 1,326 | 1,284 | |
Southwestern Energy Co. 6.45% 202510 | 29,775 | 32,194 | |
Southwestern Energy Co. 7.50% 2026 | 22,445 | 23,792 | |
Southwestern Energy Co. 7.75% 2027 | 2,890 | 3,110 | |
Southwestern Energy Co. 8.375% 2028 | 7,640 | 8,404 | |
Statoil ASA 2.75% 2021 | 3,085 | 3,126 | |
Statoil ASA 3.25% 2024 | 850 | 924 | |
Statoil ASA 4.25% 2041 | 3,000 | 3,464 | |
Suncor Energy Inc. 3.10% 2025 | 6,146 | 6,589 | |
Suncor Energy Inc. 3.75% 2051 | 669 | 670 | |
Sunoco Logistics Operating Partners, LP 4.00% 2027 | 5,586 | 6,017 | |
Sunoco Logistics Operating Partners, LP 5.40% 2047 | 14,364 | 15,634 | |
Sunoco LP 5.50% 2026 | 1,665 | 1,723 | |
Sunoco LP 6.00% 2027 | 12,160 | 12,802 | |
Sunoco LP 5.875% 2028 | 12,700 | 13,475 | |
Sunoco LP 4.50% 20297 | 4,600 | 4,652 | |
Superior Plus LP And Superior General Partner Inc. 4.50% 20297 | 3,825 | 3,907 | |
Tallgrass Energy Partners, LP 7.50% 20257 | 4,800 | 5,253 | |
Tapstone Energy, Term Loan, (3-month USD-LIBOR + 4.00%) 4.741% 20242,3,11,12 | 51 | 26 | |
Targa Resources Partners LP 5.875% 2026 | 5,125 | 5,378 | |
Targa Resources Partners LP 6.50% 2027 | 4,740 | 5,167 | |
Targa Resources Partners LP 6.875% 2029 | 9,385 | 10,546 | |
Targa Resources Partners LP 5.50% 2030 | 17,700 | 19,184 | |
Targa Resources Partners LP 4.875% 20317 | 4,680 | 4,898 | |
Targa Resources Partners LP 4.00% 20327 | 7,700 | 7,575 | |
Teekay Corp. 9.25% 20227 | 22,090 | 22,633 | |
Teekay Offshore Partners LP 8.50% 20237 | 14,400 | 13,148 | |
Total Capital International 3.127% 2050 | 8,100 | 7,784 | |
Total SE 2.986% 2041 | 19,151 | 18,672 | |
Total SE 3.386% 2060 | 4,100 | 4,020 | |
TransCanada PipeLines Ltd. 4.10% 2030 | 5,254 | 5,904 | |
Transcontinental Gas Pipe Line Company, LLC 3.95% 2050 | 1,600 | 1,681 | |
Transocean Guardian Ltd. 5.875% 20247 | 7,870 | 7,334 |
The Income Fund of America — Page 14 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Transocean Inc. 6.125% 20257 | $4,435 | $4,333 | |
Transocean Poseidon Ltd. 6.875% 20277 | 8,235 | 7,839 | |
Valero Energy Corp. 4.00% 2029 | 6,000 | 6,555 | |
Weatherford International PLC 8.75% 20247 | 23,290 | 24,440 | |
Weatherford International PLC 11.00% 20247 | 43,051 | 42,614 | |
Western Gas Partners LP 4.50% 2028 | 30,415 | 32,468 | |
Western Gas Partners LP 5.45% 2044 | 1,210 | 1,277 | |
Western Midstream Operating, LP 4.35% 202510 | 9,602 | 10,166 | |
Western Midstream Operating, LP 4.75% 2028 | 3,495 | 3,766 | |
Western Midstream Operating, LP 5.30% 203010 | 5,750 | 6,282 | |
Williams Companies, Inc. 3.50% 2030 | 12,485 | 13,346 | |
WPX Energy, Inc. 4.50% 2030 | 11,418 | 12,314 | |
2,486,109 | |||
Health care 1.69% | |||
Abbott Laboratories 3.75% 2026 | 3,539 | 4,005 | |
AbbVie Inc. 3.45% 2022 | 8,300 | 8,479 | |
AbbVie Inc. 2.60% 2024 | 6,000 | 6,357 | |
AbbVie Inc. 2.95% 2026 | 2,890 | 3,097 | |
AbbVie Inc. 4.55% 2035 | 6,750 | 8,002 | |
AbbVie Inc. 4.30% 2036 | 1,003 | 1,152 | |
AbbVie Inc. 4.75% 2045 | 1,203 | 1,441 | |
AmerisourceBergen Corp. 0.737% 2023 | 9,914 | 9,942 | |
Amgen Inc. 2.20% 2027 | 2,915 | 3,024 | |
Anthem, Inc. 2.375% 2025 | 2,046 | 2,148 | |
AstraZeneca PLC 3.375% 2025 | 4,500 | 4,935 | |
Auris Luxembourg III SARL, Term Loan, (3-month USD-LIBOR + 3.75%) 3.863% 202611,12 | 21,047 | 20,705 | |
Avantor Funding, Inc. 4.625% 20287 | 18,470 | 19,370 | |
Bausch Health Companies Inc. 9.25% 20267 | 7,650 | 8,487 | |
Bausch Health Companies Inc. 5.00% 20287 | 19,784 | 20,106 | |
Bausch Health Companies Inc. 7.00% 20287 | 9,470 | 10,311 | |
Bausch Health Companies Inc. 5.25% 20317 | 10,420 | 10,451 | |
Bayer US Finance II LLC 3.875% 20237 | 3,850 | 4,143 | |
Bayer US Finance II LLC 4.25% 20257 | 20,143 | 22,501 | |
Bayer US Finance II LLC 4.40% 20447 | 13,090 | 14,607 | |
Becton, Dickinson and Company 3.70% 2027 | 6,000 | 6,673 | |
Boston Scientific Corp. 1.90% 2025 | 9,109 | 9,438 | |
Boston Scientific Corp. 3.85% 2025 | 2,543 | 2,821 | |
Catalent Pharma Solutions Inc. 5.00% 20277 | 1,407 | 1,474 | |
Catalent, Inc. 3.125% 20297 | 17,495 | 16,949 | |
Centene Corp. 5.375% 20267 | 6,740 | 7,030 | |
Centene Corp. 4.25% 2027 | 51,990 | 54,557 | |
Centene Corp. 4.625% 2029 | 82,420 | 89,331 | |
Centene Corp. 3.00% 2030 | 28,035 | 27,860 | |
Centene Corp. 3.375% 2030 | 29,100 | 29,246 | |
Centene Corp. 2.50% 2031 | 12,110 | 11,595 | |
Charles River Laboratories International, Inc. 4.25% 20287 | 13,815 | 14,403 | |
Charles River Laboratories International, Inc. 3.75% 20297 | 2,500 | 2,547 | |
Cigna Corp. 4.80% 2038 | 3,830 | 4,631 | |
Community Health Systems Inc. 5.625% 20277 | 4,815 | 5,113 | |
Community Health Systems Inc. 6.00% 20297 | 8,870 | 9,349 | |
CVS Health Corp. 1.30% 2027 | 15,523 | 15,153 | |
DaVita Inc. 4.625% 20307 | 20,900 | 21,187 | |
Eli Lilly and Company 3.375% 2029 | 3,330 | 3,670 |
The Income Fund of America — Page 15 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
Encompass Health Corp. 4.50% 2028 | $19,802 | $20,569 | |
Encompass Health Corp. 4.75% 2030 | 12,660 | 13,309 | |
Endo Dac / Endo Finance LLC / Endo Finco 9.50% 20277 | 28,561 | 30,310 | |
Endo Dac / Endo Finance LLC / Endo Finco 6.00% 20287 | 1,177 | 896 | |
Endo International PLC 5.75% 20227 | 35,321 | 34,041 | |
Endo Luxembourg Finance Co I SARL / Endo US Inc. 6.125% 20297 | 6,845 | 6,785 | |
GlaxoSmithKline PLC 3.625% 2025 | 5,915 | 6,543 | |
HCA Inc. 5.375% 2025 | 3,560 | 3,972 | |
HCA Inc. 5.375% 2026 | 6,680 | 7,593 | |
HCA Inc. 5.875% 2026 | 13,870 | 15,951 | |
HCA Inc. 5.625% 2028 | 15,390 | 17,968 | |
HCA Inc. 3.50% 2030 | 13,734 | 14,125 | |
HealthSouth Corp. 5.75% 2025 | 12,472 | 12,924 | |
IMS Health Holdings, Inc. 5.00% 20267 | 24,700 | 25,567 | |
Iqvia Inc. 5.00% 20277 | 8,320 | 8,715 | |
Jaguar Holding Co. II 4.625% 20257 | 5,145 | 5,415 | |
Jaguar Holding Co. II 5.00% 20287 | 7,050 | 7,697 | |
Jazz Securities Designated Activity Co. 4.375% 20297 | 8,040 | 8,231 | |
Mallinckrodt PLC 10.00% 20257 | 30,060 | 33,517 | |
Molina Healthcare, Inc. 5.375% 2022 | 44,090 | 46,322 | |
Molina Healthcare, Inc. 4.375% 20287 | 4,840 | 4,979 | |
Molina Healthcare, Inc. 3.875% 20307 | 12,815 | 13,215 | |
Mylan Laboratories Inc. 3.15% 2021 | 1,500 | 1,503 | |
Novant Health, Inc. 3.168% 2051 | 6,000 | 6,002 | |
Novartis Capital Corp. 2.00% 2027 | 3,090 | 3,195 | |
Organon Finance 1 LLC 4.125% 20287 | 25,670 | 26,331 | |
Organon Finance 1 LLC 5.125% 20317 | 16,320 | 16,954 | |
Owens & Minor, Inc. 4.375% 2024 | 32,762 | 33,847 | |
Owens & Minor, Inc. 4.50% 20297 | 24,640 | 24,913 | |
Par Pharmaceutical Inc. 7.50% 20277 | 51,548 | 54,319 | |
Pfizer Inc. 3.45% 2029 | 9,000 | 9,960 | |
Radiology Partners, Inc. 9.25% 20287 | 21,890 | 24,091 | |
Rede D’Or Finance SARL 4.95% 2028 | 1,820 | 1,883 | |
Rede D’Or Finance SARL 4.50% 2030 | 10,840 | 10,661 | |
Rotech Healthcare Inc., Term Loan, (3-month USD-LIBOR + 11.00%) 13.00% 2023 (100% PIK)2,3,9,11,12 | 16,739 | 16,739 | |
RP Escrow Issuer, LLC 5.25% 20257 | 6,290 | 6,556 | |
Select Medical Holdings Corp. 6.25% 20267 | 18,853 | 20,069 | |
Shire PLC 2.875% 2023 | 4,425 | 4,647 | |
Surgery Center Holdings 10.00% 20277 | 13,180 | 14,477 | |
Syneos Health, Inc. 3.625% 20297 | 12,340 | 12,078 | |
Takeda Pharmaceutical Company, Ltd. 4.40% 2023 | 12,910 | 14,117 | |
Team Health Holdings, Inc. 6.375% 20257 | 13,060 | 11,591 | |
Team Health Holdings, Inc., Term Loan B, 3.75% 202411,12 | 13,586 | 12,720 | |
Tenet Healthcare Corp. 4.625% 2024 | 22,866 | 23,240 | |
Tenet Healthcare Corp. 4.875% 20267 | 85,230 | 88,661 | |
Tenet Healthcare Corp. 5.125% 20277 | 13,695 | 14,380 | |
Teva Pharmaceutical Finance Co. BV 2.20% 2021 | 4,593 | 4,596 | |
Teva Pharmaceutical Finance Co. BV 2.80% 2023 | 142,289 | 141,062 | |
Teva Pharmaceutical Finance Co. BV 6.00% 2024 | 109,842 | 116,021 | |
Teva Pharmaceutical Finance Co. BV 7.125% 2025 | 30,880 | 33,719 | |
Teva Pharmaceutical Finance Co. BV 3.15% 2026 | 85,630 | 80,514 | |
Teva Pharmaceutical Finance Co. BV 6.75% 2028 | 192,275 | 209,820 | |
Teva Pharmaceutical Finance Co. BV 4.10% 2046 | 70,245 | 59,981 | |
UnitedHealth Group Inc. 4.45% 2048 | 5,000 | 6,133 |
The Income Fund of America — Page 16 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
Valeant Pharmaceuticals International, Inc. 5.50% 20257 | $13,550 | $13,990 | |
Valeant Pharmaceuticals International, Inc. 6.125% 20257 | 93,162 | 95,238 | |
Valeant Pharmaceuticals International, Inc. 9.00% 20257 | 16,475 | 17,899 | |
Valeant Pharmaceuticals International, Inc. 8.50% 20277 | 5,175 | 5,770 | |
Zimmer Holdings, Inc. 3.15% 2022 | 9,455 | 9,652 | |
2,102,263 | |||
Consumer discretionary 1.68% | |||
Allied Universal Holdco LLC 6.625% 20267 | 16,985 | 17,983 | |
Allied Universal Holdco LLC 9.75% 20277 | 21,000 | 23,094 | |
Amazon.com, Inc. 2.70% 2060 | 8,300 | 7,486 | |
Bayerische Motoren Werke AG 0.80% 20247 | 10,210 | 10,263 | |
Boyd Gaming Corp. 8.625% 20257 | 5,715 | 6,340 | |
Boyd Gaming Corp. 4.75% 2027 | 22,130 | 22,715 | |
Boyne USA, Inc. 4.75% 20297 | 6,170 | 6,347 | |
Caesars Entertainment, Inc. 6.25% 20257 | 21,365 | 22,742 | |
Caesars Resort Collection, LLC 5.75% 20257 | 5,020 | 5,294 | |
Carnival Corp. 11.50% 20237 | 42,414 | 48,795 | |
Carvana Co. 5.625% 20257 | 2,770 | 2,857 | |
Carvana Co. 5.50% 20277 | 5,615 | 5,690 | |
Carvana Co. 5.875% 20287 | 12,000 | 12,478 | |
Cedar Fair LP/Canadas Wonderland Co/Magnum Management Corp/Millennium Operations LLC 5.50% 20257 | 14,400 | 15,116 | |
Churchill Downs Inc. 4.75% 20287 | 18,595 | 19,130 | |
Cirsa Gaming Corp. SA 7.875% 20237 | 21,317 | 21,770 | |
DaimlerChrysler North America Holding Corp. 3.40% 20227 | 850 | 871 | |
DaimlerChrysler North America Holding Corp. 1.75% 20237 | 17,000 | 17,357 | |
DaimlerChrysler North America Holding Corp. 3.65% 20247 | 9,360 | 10,074 | |
DaimlerChrysler North America Holding Corp. 3.30% 20257 | 2,000 | 2,162 | |
Dana Inc. 5.625% 2028 | 15,970 | 17,228 | |
Dana Inc. 4.25% 2030 | 6,110 | 6,186 | |
Ford Motor Co. 8.50% 2023 | 12,074 | 13,538 | |
Ford Motor Co. 9.00% 2025 | 8,656 | 10,582 | |
Ford Motor Credit Company LLC 5.875% 2021 | 750 | 758 | |
Ford Motor Credit Company LLC 3.087% 2023 | 38,620 | 39,400 | |
Ford Motor Credit Company LLC 3.096% 2023 | 17,555 | 17,972 | |
Ford Motor Credit Company LLC 4.14% 2023 | 1,600 | 1,662 | |
Ford Motor Credit Company LLC 4.375% 2023 | 6,550 | 6,928 | |
Ford Motor Credit Company LLC 3.664% 2024 | 14,290 | 14,906 | |
Ford Motor Credit Company LLC 3.81% 2024 | 20,790 | 21,596 | |
Ford Motor Credit Company LLC 4.063% 2024 | 2,600 | 2,741 | |
Ford Motor Credit Company LLC 5.584% 2024 | 10,134 | 11,064 | |
Ford Motor Credit Company LLC 3.375% 2025 | 17,250 | 17,676 | |
Ford Motor Credit Company LLC 5.125% 2025 | 70,145 | 76,714 | |
Ford Motor Credit Company LLC 4.542% 2026 | 28,290 | 30,412 | |
Ford Motor Credit Company LLC 3.815% 2027 | 8,715 | 8,946 | |
Ford Motor Credit Company LLC 4.125% 2027 | 87,310 | 91,358 | |
Ford Motor Credit Company LLC 4.271% 2027 | 43,075 | 45,314 | |
Ford Motor Credit Company LLC 2.90% 2028 | 21,730 | 21,325 | |
Ford Motor Credit Company LLC 5.113% 2029 | 25,589 | 27,996 | |
Ford Motor Credit Company LLC 4.00% 2030 | 24,614 | 25,170 | |
General Motors Company 5.40% 2023 | 1,066 | 1,180 | |
General Motors Company 4.35% 2025 | 6,329 | 7,020 | |
General Motors Company 6.125% 2025 | 10,602 | 12,590 |
The Income Fund of America — Page 17 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
General Motors Company 6.80% 2027 | $2,330 | $2,932 | |
General Motors Company 5.00% 2035 | 3,750 | 4,409 | |
General Motors Company 6.60% 2036 | 9,460 | 12,639 | |
General Motors Company 5.20% 2045 | 3,200 | 3,760 | |
General Motors Company 6.75% 2046 | 15,230 | 21,010 | |
General Motors Company 5.40% 2048 | 1,150 | 1,392 | |
General Motors Company 5.95% 2049 | 8,000 | 10,362 | |
General Motors Financial Co. 3.15% 2022 | 75 | 77 | |
General Motors Financial Co. 3.45% 2022 | 3,500 | 3,561 | |
General Motors Financial Co. 3.55% 2022 | 8,518 | 8,810 | |
General Motors Financial Co. 3.25% 2023 | 16,226 | 16,889 | |
General Motors Financial Co. 3.70% 2023 | 5,111 | 5,384 | |
General Motors Financial Co. 5.20% 2023 | 22,663 | 24,554 | |
General Motors Financial Co. 1.05% 2024 | 6,250 | 6,265 | |
General Motors Financial Co. 3.50% 2024 | 9,404 | 10,121 | |
General Motors Financial Co. 5.10% 2024 | 10,611 | 11,741 | |
General Motors Financial Co. 2.75% 2025 | 6,908 | 7,273 | |
General Motors Financial Co. 4.00% 2025 | 1,760 | 1,920 | |
General Motors Financial Co. 4.30% 2025 | 534 | 592 | |
General Motors Financial Co. 1.25% 2026 | 8,100 | 8,004 | |
General Motors Financial Co. 4.00% 2026 | 2,000 | 2,208 | |
General Motors Financial Co. 5.25% 2026 | 4,938 | 5,693 | |
General Motors Financial Co. 2.70% 2027 | 12,000 | 12,373 | |
General Motors Financial Co. 2.40% 2028 | 5,825 | 5,841 | |
General Motors Financial Co. 2.35% 2031 | 16,900 | 16,187 | |
Hanesbrands Inc. 4.625% 20247 | 16,350 | 17,246 | |
Hanesbrands Inc. 5.375% 20257 | 7,170 | 7,555 | |
Hanesbrands Inc. 4.875% 20267 | 33,027 | 35,429 | |
Hilton Worldwide Holdings Inc. 4.875% 2030 | 16,185 | 17,278 | |
Hilton Worldwide Holdings Inc. 4.00% 20317 | 20,215 | 20,445 | |
Home Depot, Inc. 3.90% 2028 | 1,150 | 1,321 | |
Home Depot, Inc. 2.95% 2029 | 5,000 | 5,358 | |
Home Depot, Inc. 1.375% 2031 | 25,718 | 23,946 | |
Home Depot, Inc. 5.95% 2041 | 12,500 | 17,806 | |
Home Depot, Inc. 4.50% 2048 | 601 | 755 | |
Home Depot, Inc. 2.375% 2051 | 10,000 | 8,746 | |
Hyundai Capital America 3.75% 20217 | 5,000 | 5,027 | |
Hyundai Capital America 2.85% 20227 | 8,235 | 8,481 | |
Hyundai Capital America 3.10% 20227 | 9,720 | 9,942 | |
Hyundai Capital America 3.25% 20227 | 11,817 | 12,210 | |
Hyundai Capital America 3.95% 20227 | 8,000 | 8,204 | |
Hyundai Capital America 1.25% 20237 | 7,561 | 7,629 | |
Hyundai Capital America 2.375% 20237 | 21,815 | 22,405 | |
Hyundai Capital America 5.75% 20237 | 5,000 | 5,469 | |
Hyundai Capital America 1.80% 20257 | 1,871 | 1,888 | |
Hyundai Capital America 2.65% 20257 | 28,554 | 29,844 | |
Hyundai Capital America 5.875% 20257 | 5,000 | 5,812 | |
Hyundai Capital America 1.30% 20267 | 9,000 | 8,861 | |
Hyundai Capital America 2.375% 20277 | 1,169 | 1,181 | |
Hyundai Capital America 3.00% 20277 | 22,765 | 23,886 | |
Hyundai Capital America 1.80% 20287 | 9,000 | 8,742 | |
Hyundai Capital Services, Inc. 1.25% 20267 | 3,490 | 3,428 | |
International Game Technology PLC 6.50% 20257 | 19,030 | 21,099 | |
International Game Technology PLC 5.25% 20297 | 38,475 | 40,846 |
The Income Fund of America — Page 18 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Levi Strauss & Co. 5.00% 2025 | $1,826 | $1,865 | |
Levi Strauss & Co. 3.50% 20317 | 6,305 | 6,298 | |
Lithia Motors, Inc. 4.375% 20317 | 4,550 | 4,798 | |
Marriott International, Inc. 5.75% 2025 | 4,999 | 5,757 | |
Marriott International, Inc. 3.125% 2026 | 660 | 702 | |
Melco International Development Ltd. 5.75% 20287 | 17,490 | 18,835 | |
Merlin Entertainment 5.75% 20267 | 6,910 | 7,315 | |
MGM Growth Properties LLC 5.625% 2024 | 3,505 | 3,784 | |
MGM Growth Properties LLC 4.625% 20257 | 15,715 | 16,751 | |
MGM Growth Properties LLC 3.875% 20297 | 27,355 | 27,730 | |
MGM Resorts International 7.75% 2022 | 6,400 | 6,739 | |
MGM Resorts International 6.00% 2023 | 10,385 | 11,129 | |
MGM Resorts International 5.50% 2027 | 3,617 | 3,952 | |
Midwest Gaming Borrower, LLC 4.875% 20297 | 13,870 | 13,883 | |
Mohegan Gaming & Entertainment 8.00% 20267 | 34,825 | 35,393 | |
Neiman Marcus Group Ltd. LLC 7.125% 20267 | 5,920 | 6,063 | |
Newell Rubbermaid Inc. 4.875% 2025 | 6,570 | 7,268 | |
Newell Rubbermaid Inc. 5.875% 203610 | 1,010 | 1,260 | |
Nissan Motor Co., Ltd. 2.60% 20227 | 9,910 | 10,158 | |
Nissan Motor Co., Ltd. 3.043% 20237 | 400 | 419 | |
Nissan Motor Co., Ltd. 3.522% 20257 | 800 | 856 | |
Nissan Motor Co., Ltd. 2.00% 20267 | 17,000 | 17,071 | |
Nissan Motor Co., Ltd. 4.345% 20277 | 2,520 | 2,760 | |
Nissan Motor Co., Ltd. 2.75% 20287 | 15,850 | 15,924 | |
Nissan Motor Co., Ltd. 4.81% 20307 | 21,325 | 23,702 | |
Panther BF Aggregator 2, LP 6.25% 20267 | 11,992 | 12,735 | |
Panther BF Aggregator 2, LP 8.50% 20277 | 21,485 | 23,231 | |
Party City Holdings Inc. 8.75% 20267 | 6,204 | 6,367 | |
Real Hero Merger Sub 2, Inc. 6.25% 20297 | 1,550 | 1,606 | |
Royal Caribbean Cruises Ltd. 11.50% 20257 | 8,530 | 9,892 | |
Sally Holdings LLC and Sally Capital Inc. 5.625% 2025 | 24,705 | 25,507 | |
Sally Holdings LLC and Sally Capital Inc. 8.75% 20257 | 10,311 | 11,413 | |
Sands China Ltd. 3.80% 2026 | 8,325 | 8,856 | |
Scientific Games Corp. 8.625% 20257 | 12,910 | 14,136 | |
Scientific Games Corp. 8.25% 20267 | 41,310 | 44,563 | |
Scientific Games Corp. 7.00% 20287 | 11,129 | 11,993 | |
Scientific Games Corp. 7.25% 20297 | 16,515 | 18,186 | |
Six Flags Entertainment Corp. 4.875% 20247 | 11,570 | 11,673 | |
Six Flags Theme Parks Inc. 7.00% 20257 | 3,500 | 3,790 | |
Starbucks Corp. 3.50% 2050 | 1,400 | 1,431 | |
Tempur Sealy International, Inc. 4.00% 20297 | 4,710 | 4,776 | |
Toyota Motor Credit Corp. 0.45% 2024 | 25,283 | 25,294 | |
Toyota Motor Credit Corp. 0.80% 2026 | 13,440 | 13,381 | |
Toyota Motor Credit Corp. 3.05% 2028 | 4,050 | 4,380 | |
Truck Hero Inc., Term Loan-B, (3-month USD-LIBOR + 3.75%) 4.50% 202811,12 | 8,475 | 8,469 | |
Vail Resorts, Inc. 6.25% 20257 | 6,270 | 6,662 | |
VICI Properties LP 4.25% 20267 | 3,660 | 3,779 | |
VICI Properties LP 4.625% 20297 | 6,565 | 6,828 | |
VICI Properties LP / VICI Note Co., Inc. 3.50% 20257 | 7,495 | 7,664 | |
VICI Properties LP / VICI Note Co., Inc. 3.75% 20277 | 10,475 | 10,572 | |
VICI Properties LP / VICI Note Co., Inc. 4.125% 20307 | 32,040 | 32,581 | |
Volkswagen Group of America Finance, LLC 4.00% 20217 | 2,750 | 2,803 | |
Volkswagen Group of America Finance, LLC 2.70% 20227 | 3,150 | 3,248 | |
Volkswagen Group of America Finance, LLC 2.90% 20227 | 1,650 | 1,692 |
The Income Fund of America — Page 19 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Volkswagen Group of America Finance, LLC 3.125% 20237 | $2,000 | $2,100 | |
Volkswagen Group of America Finance, LLC 4.25% 20237 | 7,365 | 8,014 | |
Volkswagen Group of America Finance, LLC 2.85% 20247 | 4,870 | 5,181 | |
Volkswagen Group of America Finance, LLC 1.25% 20257 | 5,665 | 5,653 | |
Volkswagen Group of America Finance, LLC 3.35% 20257 | 6,326 | 6,852 | |
Volkswagen Group of America Finance, LLC 4.625% 20257 | 2,911 | 3,322 | |
Volkswagen Group of America Finance, LLC 3.20% 20267 | 8,003 | 8,687 | |
Volkswagen Group of America Finance, LLC 4.75% 20287 | 2,000 | 2,344 | |
Wyndham Destinations, Inc. 4.625% 20307 | 5,750 | 5,990 | |
Wyndham Worldwide Corp. 4.375% 20287 | 8,255 | 8,531 | |
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 20237 | 21,123 | 21,717 | |
Wynn Resorts Ltd. 7.75% 20257 | 20,005 | 21,647 | |
Wynn Resorts Ltd. 5.125% 20297 | 8,304 | 8,594 | |
2,090,214 | |||
Communication services 1.68% | |||
Alphabet Inc. 2.25% 2060 | 3,900 | 3,251 | |
Altice France SA 5.125% 20297 | 67,122 | 67,290 | |
AT&T Inc. 0.90% 2024 | 18,000 | 18,044 | |
AT&T Inc. 1.70% 2026 | 27,000 | 27,132 | |
AT&T Inc. 1.65% 2028 | 7,175 | 6,994 | |
AT&T Inc. 3.50% 20537 | 10,335 | 9,525 | |
British Telecommunications PLC 9.625% 203010 | 4,011 | 6,266 | |
Cablevision Systems Corp. 5.375% 20287 | 8,500 | 8,956 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 20267 | 32,217 | 33,390 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 5.125% 20277 | 26,625 | 27,904 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 5.00% 20287 | 13,250 | 13,863 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 4.50% 20307 | 16,050 | 16,349 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 4.75% 20307 | 28,552 | 29,837 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 2.80% 2031 | 12,414 | 12,314 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 4.25% 20317 | 20,100 | 20,125 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 2.30% 2032 | 21,275 | 19,969 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 4.50% 20327 | 19,415 | 19,633 | |
CCO Holdings LLC and CCO Holdings Capital Corp. 4.50% 20337 | 13,800 | 13,925 | |
CenturyLink, Inc. 6.75% 2023 | 11,075 | 12,246 | |
CenturyLink, Inc. 7.50% 2024 | 5,800 | 6,498 | |
CenturyLink, Inc. 5.125% 20267 | 14,175 | 14,890 | |
CenturyLink, Inc. 4.00% 20277 | 48,038 | 49,005 | |
CenturyLink, Inc. 7.65% 2042 | 270 | 309 | |
CenturyLink, Inc., Series T, 5.80% 2022 | 5,100 | 5,267 | |
Cinemark USA, Inc. 5.875% 20267 | 11,750 | 12,191 | |
Cogent Communications Group, Inc. 3.50% 20267 | 11,450 | 11,450 | |
Comcast Corp. 6.45% 2037 | 25,000 | 36,071 | |
Comcast Corp. 4.60% 2038 | 9,000 | 10,958 | |
Deutsche Telekom International Finance BV 9.25% 2032 | 13,095 | 21,195 | |
Diamond Sports Group LLC 5.375% 20267 | 6,912 | 5,054 | |
Diamond Sports Group LLC 6.625% 20277 | 26,485 | 14,344 | |
Discovery Communications, Inc. 3.625% 2030 | 6,363 | 6,816 | |
Embarq Corp. 7.995% 2036 | 49,395 | 57,592 | |
Epicor Software Corp., Term Loan-C, (3-month USD-LIBOR + 3.25%) 4.00% 202711,12 | 1,368 | 1,368 | |
Epicor Software Corp., Term Loan, (3-month USD-LIBOR + 7.75%) 8.75% 202811,12 | 1,950 | 2,009 | |
Fox Corp. 4.03% 2024 | 1,120 | 1,216 | |
Front Range BidCo, Inc. 6.125% 20287 | 22,932 | 23,622 | |
Frontier Communications Corp. 5.875% 20277 | 15,925 | 16,940 |
The Income Fund of America — Page 20 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
Frontier Communications Corp. 5.00% 20287 | $14,600 | $14,935 | |
Frontier Communications Corp. 6.75% 20297 | 39,523 | 41,691 | |
Gogo Inc. 9.875% 20247 | 121,469 | 127,467 | |
Gray Television, Inc. 7.00% 20277 | 17,880 | 19,552 | |
iHeartCommunications, Inc. 5.25% 20277 | 14,875 | 15,430 | |
Inmarsat PLC 6.75% 20267 | 16,600 | 17,363 | |
Intelsat Jackson Holding Co. 5.50% 202313 | 7,495 | 4,609 | |
Intelsat Jackson Holding Co. 8.00% 20247 | 40,265 | 41,691 | |
Intelsat Jackson Holding Co. 8.50% 20247,13 | 30,425 | 18,937 | |
Intelsat Jackson Holding Co., Term Loan, (3-month USD-LIBOR + 5.50%) 6.50% 202111,12 | 16,989 | 17,222 | |
Intelsat Jackson Holding Co., Term Loan B3, (USD Prime Rate + 4.75%) 8.00% 202311,12 | 3,000 | 3,057 | |
Intelsat Jackson Holding Co., Term Loan, 6.625% 202411 | 27,850 | 28,427 | |
Lamar Media Corp. 3.75% 2028 | 5,094 | 5,146 | |
Lamar Media Corp. 4.875% 2029 | 6,955 | 7,338 | |
Lamar Media Corp. 3.625% 20317 | 3,450 | 3,368 | |
Level 3 Financing, Inc. 3.75% 20297 | 30,176 | 29,459 | |
Liberty Global PLC 5.50% 20287 | 7,975 | 8,299 | |
Ligado Networks LLC 15.50% 20237,9 | 23,475 | 23,152 | |
Live Nation Entertainment, Inc. 3.75% 20287 | 5,950 | 5,936 | |
MDC Partners Inc. 7.50% 20247,10 | 12,928 | 13,169 | |
Meredith Corp. 6.875% 2026 | 19,298 | 19,829 | |
Myriad International Holdings 5.50% 2025 | 6,140 | 7,017 | |
Netflix, Inc. 3.625% 20257 | 290 | 312 | |
Netflix, Inc. 4.875% 2028 | 1,580 | 1,821 | |
Netflix, Inc. 5.875% 2028 | 9,840 | 11,985 | |
Netflix, Inc. 5.375% 20297 | 21,510 | 25,570 | |
Netflix, Inc. 6.375% 2029 | 12,500 | 15,716 | |
Netflix, Inc. 4.875% 20307 | 15,520 | 18,025 | |
News Corp. 3.875% 20297 | 17,450 | 17,816 | |
Nexstar Broadcasting, Inc. 4.75% 20287 | 30,900 | 31,518 | |
Nexstar Escrow Corp. 5.625% 20277 | 16,010 | 16,936 | |
Numericable Group SA 7.375% 20267 | 27,450 | 28,494 | |
Playtika Holding Corp. 4.25% 20297 | 1,480 | 1,473 | |
Qwest Capital Funding, Inc. 7.625% 2021 | 3,900 | 3,951 | |
SBA Tower Trust 1.631% 20512,7 | 23,592 | 23,664 | |
Scripps Escrow II, Inc. 3.875% 20297 | 4,875 | 4,851 | |
Sinclair Television Group, Inc. 4.125% 20307 | 5,150 | 5,028 | |
Sirius XM Radio Inc. 4.625% 20247 | 25,910 | 26,623 | |
Sirius XM Radio Inc. 5.00% 20277 | 4,791 | 5,023 | |
Sirius XM Radio Inc. 4.125% 20307 | 7,450 | 7,459 | |
SoftBank Group Corp. 3.36% 20237 | 4,556 | 4,592 | |
Sprint Corp. 7.125% 2024 | 10,000 | 11,561 | |
Sprint Corp. 7.625% 2025 | 36,000 | 42,795 | |
Sprint Corp. 7.625% 2026 | 46,270 | 56,796 | |
Sprint Corp. 6.875% 2028 | 73,237 | 92,372 | |
Sprint Corp. 8.75% 2032 | 15,210 | 22,571 | |
TEGNA Inc. 4.75% 20267 | 12,425 | 13,230 | |
TEGNA Inc. 4.625% 2028 | 1,925 | 1,968 | |
Tencent Holdings Ltd. 3.595% 2028 | 20,000 | 21,510 | |
Tencent Holdings Ltd. 3.975% 2029 | 17,277 | 18,896 | |
Tencent Holdings Ltd. 2.39% 2030 | 19,723 | 19,344 | |
Tencent Holdings Ltd. 2.88% 20317 | 2,670 | 2,709 | |
Tencent Holdings Ltd. 3.84% 20517 | 10,665 | 10,898 | |
T-Mobile US, Inc. 2.625% 2026 | 6,250 | 6,365 |
The Income Fund of America — Page 21 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
T-Mobile US, Inc. 2.05% 20287 | $11,475 | $11,404 | |
T-Mobile US, Inc. 2.625% 2029 | 6,725 | 6,560 | |
T-Mobile US, Inc. 2.875% 2031 | 20,725 | 20,259 | |
T-Mobile US, Inc. 3.50% 2031 | 19,500 | 19,817 | |
T-Mobile US, Inc. 4.50% 20507 | 4,325 | 4,884 | |
Trilogy International Partners, LLC 8.875% 20227 | 56,280 | 55,521 | |
Uniti Group LP / Uniti Fiber Holdings Inc. / CSL Capital LLC 7.875% 20257 | 2,100 | 2,265 | |
Univision Communications Inc. 6.625% 20277 | 26,575 | 28,834 | |
UPC Broadband Finco B.V. 4.875% 20317 | 48,900 | 48,794 | |
Verizon Communications Inc. 2.10% 2028 | 20,950 | 21,154 | |
Verizon Communications Inc. 4.329% 2028 | 1,675 | 1,932 | |
Verizon Communications Inc. 2.55% 2031 | 9,313 | 9,343 | |
Verizon Communications Inc. 3.40% 2041 | 12,725 | 13,054 | |
Verizon Communications Inc. 2.875% 2050 | 15,000 | 13,674 | |
Virgin Media O2 4.25% 20317 | 9,175 | 8,888 | |
Virgin Media Secured Finance PLC 4.50% 20307 | 20,770 | 20,908 | |
Vodafone Group PLC 4.25% 2050 | 7,275 | 8,106 | |
Warner Music Group 3.875% 20307 | 12,300 | 12,474 | |
Ziggo Bond Co. BV 5.125% 20307 | 14,170 | 14,531 | |
Ziggo Bond Finance BV 5.50% 20277 | 32,703 | 34,074 | |
Ziggo Bond Finance BV 4.875% 20307 | 17,075 | 17,570 | |
2,082,820 | |||
Industrials 1.21% | |||
AerCap Ireland Capital Ltd. / AerCap Global Aviation Trust 1.75% 2026 | 3,978 | 3,903 | |
Air Lease Corp. 2.875% 2026 | 24,541 | 25,575 | |
Allison Transmission Holdings, Inc. 3.75% 20317 | 26,640 | 25,741 | |
American Airlines, Inc. 5.50% 20267 | 5,880 | 6,181 | |
American Airlines, Inc. 5.75% 20297 | 5,880 | 6,308 | |
American Airlines, Inc., Series 2013-2, Class A, 4.95% 2024 | 3,948 | 3,990 | |
Associated Materials, LLC 9.00% 20257 | 20,801 | 22,205 | |
ATS Automation Tooling Systems Inc. 4.125% 20287 | 3,975 | 4,012 | |
Avis Budget Car Rental, LLC 5.75% 20277 | 8,875 | 9,380 | |
Avis Budget Group, Inc. 5.25% 20257 | 6,286 | 6,392 | |
Avis Budget Group, Inc. 5.375% 20297 | 11,760 | 12,260 | |
Avolon Holdings Funding Ltd. 3.625% 20227 | 3,935 | 4,018 | |
Avolon Holdings Funding Ltd. 3.95% 20247 | 22,645 | 23,995 | |
Avolon Holdings Funding Ltd. 2.125% 20267 | 12,179 | 11,912 | |
Avolon Holdings Funding Ltd. 4.25% 20267 | 8,919 | 9,519 | |
Avolon Holdings Funding Ltd. 3.25% 20277 | 17,000 | 17,323 | |
Boeing Company 4.508% 2023 | 23,054 | 24,627 | |
Boeing Company 1.95% 2024 | 2,738 | 2,816 | |
Boeing Company 2.80% 2024 | 1,130 | 1,189 | |
Boeing Company 4.875% 2025 | 46,241 | 51,881 | |
Boeing Company 2.196% 2026 | 22,761 | 22,806 | |
Boeing Company 2.75% 2026 | 16,896 | 17,531 | |
Boeing Company 3.10% 2026 | 1,454 | 1,530 | |
Boeing Company 5.04% 2027 | 24,986 | 28,728 | |
Boeing Company 3.25% 2028 | 17,642 | 18,457 | |
Boeing Company 5.15% 2030 | 63,054 | 73,397 | |
Boeing Company 3.625% 2031 | 22,952 | 24,159 | |
Boeing Company 3.60% 2034 | 9,000 | 9,183 | |
Boeing Company 3.50% 2039 | 1,090 | 1,066 | |
Boeing Company 3.90% 2049 | 3,149 | 3,158 |
The Income Fund of America — Page 22 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Industrials (continued) | Principal amount (000) | Value (000) | |
Boeing Company 3.75% 2050 | $9,700 | $9,462 | |
Boeing Company 5.805% 2050 | 4,763 | 6,125 | |
Bohai Financial Investment Holding Co., Ltd. 5.25% 20227 | 5,148 | 5,382 | |
Bombardier Inc. 7.50% 20247 | 8,550 | 8,689 | |
Bombardier Inc. 7.50% 20257 | 3,515 | 3,513 | |
Bombardier Inc. 7.875% 20277 | 30,260 | 30,222 | |
Booz Allen Hamilton Inc. 3.875% 20287 | 4,141 | 4,140 | |
Burlington Northern Santa Fe LLC 3.55% 2050 | 10,000 | 10,728 | |
BWX Technologies, Inc. 4.125% 20287 | 5,190 | 5,296 | |
BWX Technologies, Inc. 4.125% 20297 | 13,070 | 13,446 | |
Canadian National Railway Company 3.20% 2046 | 1,980 | 2,003 | |
Carrier Global Corp. 2.722% 2030 | 2,000 | 2,038 | |
Carrier Global Corp. 3.577% 2050 | 4,100 | 4,131 | |
Continental Airlines, Inc., Series 2007-1, Class B, 6.903% 2022 | 487 | 487 | |
CoreCivic Inc. 8.25% 2026 | 28,540 | 28,718 | |
CoreLogic, Inc. 4.50% 20287 | 41,601 | 41,592 | |
CP Atlas Buyer, Inc. 7.00% 20287 | 1,475 | 1,532 | |
CSX Corp. 3.80% 2028 | 1,550 | 1,727 | |
CSX Corp. 4.50% 2049 | 3,785 | 4,483 | |
Delta Air Lines, Inc., Series 2002-1, Class G-1, MBIA insured, 6.718% 2024 | 1,587 | 1,619 | |
Dun & Bradstreet Corp. 6.875% 20267 | 13,222 | 14,090 | |
Dun & Bradstreet Corp. 10.25% 20277 | 14,193 | 15,769 | |
Fortress Transportation and Infrastructure Investors LLC 6.50% 20257 | 4,675 | 4,868 | |
General Electric Capital Corp. 4.418% 2035 | 17,850 | 20,559 | |
General Electric Capital Corp. 6.15% 2037 | 1,919 | 2,568 | |
General Electric Co. 3.45% 2027 | 5,400 | 5,905 | |
General Electric Co. 3.625% 2030 | 2,675 | 2,909 | |
General Electric Co. 4.25% 2040 | 550 | 615 | |
General Electric Co. 4.125% 2042 | 869 | 956 | |
General Electric Co. 4.35% 2050 | 2,750 | 3,067 | |
General Electric Co., Series D, junior subordinated, 3.514% (3-month USD-LIBOR + 3.33% on 6/15/2021)10 | 95,170 | 90,589 | |
Harsco Corp. 5.75% 20277 | 18,440 | 19,489 | |
Honeywell International Inc. 2.30% 2024 | 4,405 | 4,655 | |
Howmet Aerospace Inc. 6.875% 2025 | 11,480 | 13,331 | |
IAA Spinco Inc. 5.50% 20277 | 6,875 | 7,236 | |
Icahn Enterprises Finance Corp. 4.75% 2024 | 14,360 | 15,066 | |
JELD-WEN Holding, Inc. 4.625% 20257 | 8,965 | 9,177 | |
JELD-WEN Holding, Inc. 4.875% 20277 | 13,745 | 14,398 | |
L3Harris Technologies, Inc. 1.80% 2031 | 8,925 | 8,497 | |
LABL Escrow Issuer, LLC 10.50% 20277 | 5,105 | 5,637 | |
LSC Communications, Inc. 8.75% 20232,3,7,13 | 25,850 | 1,373 | |
LSC Communications, Inc., Term Loan B, (USD Prime Rate + 4.50%) 7.75% 20222,3,11,12,13 | 3,697 | 196 | |
Masco Corp. 1.50% 2028 | 8,605 | 8,331 | |
Masco Corp. 2.00% 2031 | 4,970 | 4,754 | |
Masco Corp. 3.125% 2051 | 2,294 | 2,191 | |
MasTec, Inc. 4.50% 20287 | 19,290 | 20,134 | |
Meritor, Inc. 4.50% 20287 | 4,600 | 4,666 | |
Mexico City Airport Trust 3.875% 20287 | 770 | 798 | |
Mexico City Airport Trust 5.50% 2046 | 2,303 | 2,341 | |
Mexico City Airport Trust 5.50% 2047 | 4,482 | 4,555 | |
Mexico City Airport Trust 5.50% 20477 | 215 | 219 | |
Moog Inc. 4.25% 20277 | 11,829 | 12,184 | |
NESCO Holdings II, Inc. 5.50% 20297 | 10,555 | 10,885 |
The Income Fund of America — Page 23 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Industrials (continued) | Principal amount (000) | Value (000) | |
Nielsen Finance LLC and Nielsen Finance Co. 5.00% 20257 | $8,575 | $8,816 | |
Nielsen Finance LLC and Nielsen Finance Co. 5.625% 20287 | 10,150 | 10,835 | |
Nielsen Finance LLC and Nielsen Finance Co. 5.875% 20307 | 8,300 | 9,099 | |
Norfolk Southern Corp. 3.05% 2050 | 3,727 | 3,579 | |
Northrop Grumman Corp. 3.25% 2028 | 8,995 | 9,742 | |
Otis Worldwide Corp. 2.293% 2027 | 2,440 | 2,524 | |
R.R. Donnelley & Sons Co. 6.50% 2023 | 10,730 | 11,279 | |
Rexnord Corp. 4.875% 20257 | 19,490 | 19,973 | |
Rolls-Royce PLC 5.75% 20277 | 16,750 | 17,996 | |
Sensata Technologies Holding BV 4.00% 20297 | 8,455 | 8,518 | |
Sensata Technologies, Inc. 3.75% 20317 | 7,225 | 7,184 | |
Siemens AG 1.20% 20267 | 22,471 | 22,445 | |
Siemens AG 1.70% 20287 | 12,575 | 12,492 | |
Signature Aviation PLC 4.00% 20287 | 4,050 | 4,087 | |
SkyMiles IP Ltd. 4.75% 20287 | 35,245 | 38,732 | |
Stericycle, Inc. 3.875% 20297 | 17,030 | 17,028 | |
The Brink’s Co. 4.625% 20277 | 10,510 | 10,976 | |
TransDigm Inc. 6.25% 20267 | 61,602 | 65,298 | |
TransDigm Inc. 5.50% 2027 | 38,374 | 39,986 | |
TransDigm Inc. 4.625% 20297 | 9,870 | 9,743 | |
Triumph Group, Inc. 5.25% 2022 | 4,535 | 4,512 | |
Triumph Group, Inc. 6.25% 20247 | 4,320 | 4,371 | |
Triumph Group, Inc. 8.875% 20247 | 7,435 | 8,281 | |
Triumph Group, Inc. 7.75% 20257 | 3,875 | 3,839 | |
Uber Technologies, Inc. 8.00% 20267 | 13,105 | 14,199 | |
Union Pacific Corp. 3.75% 2025 | 4,720 | 5,253 | |
Union Pacific Corp. 2.15% 2027 | 1,854 | 1,931 | |
Union Pacific Corp. 2.40% 2030 | 1,931 | 1,964 | |
Union Pacific Corp. 2.891% 20367 | 3,245 | 3,273 | |
United Airlines Holdings, Inc. 6.50% 20277 | 27,525 | 30,243 | |
United Airlines, Inc. 4.375% 20267 | 6,180 | 6,421 | |
United Airlines, Inc. 4.625% 20297 | 16,675 | 17,349 | |
United Airlines, Inc., Series 2007-1, Class A, 6.636% 2024 | 3,158 | 3,283 | |
United Rentals, Inc. 5.875% 2026 | 1,080 | 1,129 | |
United Rentals, Inc. 5.25% 2030 | 6,840 | 7,490 | |
United Rentals, Inc. 3.875% 2031 | 4,600 | 4,635 | |
United Technologies Corp. 3.95% 2025 | 5,290 | 5,903 | |
Vertical Holdco GMBH 7.625% 20287 | 13,210 | 14,424 | |
Vertical U.S. Newco Inc. 5.25% 20277 | 19,880 | 20,837 | |
Virgin Australia Holdings Ltd. 7.875% 20217,13 | 1,750 | 163 | |
WESCO Distribution, Inc. 7.125% 20257 | 11,130 | 12,034 | |
WESCO Distribution, Inc. 7.25% 20287 | 12,115 | 13,463 | |
Westinghouse Air Brake Technologies Corp. 4.40% 202410 | 1,491 | 1,628 | |
XPO Logistics, Inc. 6.25% 20257 | 2,945 | 3,158 | |
1,510,698 | |||
Materials 1.13% | |||
Air Products and Chemicals, Inc. 1.85% 2027 | 1,857 | 1,898 | |
Alcoa Netherlands Holding BV 5.50% 20277 | 13,410 | 14,545 | |
Alcoa Netherlands Holding BV 4.125% 20297 | 4,150 | 4,243 | |
Anglo American Capital PLC 2.25% 20287 | 6,553 | 6,521 | |
Anglo American Capital PLC 2.625% 20307 | 16,107 | 15,898 | |
Arconic Corp. 6.00% 20257 | 10,820 | 11,575 | |
Arconic Rolled Products Corp. 6.125% 20287 | 3,300 | 3,510 |
The Income Fund of America — Page 24 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials (continued) | Principal amount (000) | Value (000) | |
Ardagh Group SA 6.50% 20277,9 | $22,795 | $23,878 | |
Ardagh Metal Packaging Finance USA LLC 4.00% 20297 | 21,920 | 21,852 | |
Ardagh Packaging Finance 5.25% 20257 | 12,006 | 12,618 | |
Ardagh Packaging Finance 6.00% 20257 | 1,577 | 1,629 | |
Ardagh Packaging Finance 5.25% 20277 | 5,685 | 5,818 | |
Axalta Coating Systems LLC 4.75% 20277 | 16,440 | 17,241 | |
BWAY Parent Co., Inc. 5.50% 20247 | 12,895 | 12,967 | |
Cascades Inc. 5.125% 20267 | 17,550 | 18,658 | |
Cascades Inc. 5.375% 20287 | 5,870 | 6,126 | |
Cleveland-Cliffs Inc. 5.75% 2025 | 38,706 | 39,843 | |
Cleveland-Cliffs Inc. 9.875% 20257 | 5,569 | 6,544 | |
Cleveland-Cliffs Inc. 6.75% 20267 | 17,070 | 18,542 | |
Cleveland-Cliffs Inc. 5.875% 2027 | 54,860 | 57,603 | |
Cleveland-Cliffs Inc. 7.00% 2027 | 1,300 | 1,306 | |
Cleveland-Cliffs Inc. 4.625% 20297 | 9,950 | 10,151 | |
Cleveland-Cliffs Inc. 4.875% 20317 | 8,989 | 9,158 | |
Constellium SE 3.75% 20297 | 12,685 | 12,432 | |
CRH America, Inc. 5.125% 20457 | 350 | 442 | |
Crown Holdings, Inc. 4.75% 2026 | 7,100 | 7,379 | |
CVR Partners, LP 9.25% 20237 | 10,610 | 10,703 | |
Dow Chemical Co. 3.625% 2026 | 1,616 | 1,784 | |
Dow Chemical Co. 3.60% 2050 | 17,529 | 17,920 | |
Element Solutions Inc. 3.875% 20287 | 16,085 | 16,065 | |
First Quantum Minerals Ltd. 7.25% 20237 | 9,725 | 9,919 | |
First Quantum Minerals Ltd. 6.50% 20247 | 34,741 | 35,683 | |
First Quantum Minerals Ltd. 7.50% 20257 | 80,350 | 83,514 | |
First Quantum Minerals Ltd. 6.875% 20267 | 23,575 | 24,810 | |
First Quantum Minerals Ltd. 6.875% 20277 | 45,590 | 50,092 | |
FMG Resources 4.375% 20317 | 13,690 | 14,239 | |
Freeport-McMoRan Inc. 4.25% 2030 | 10,350 | 11,140 | |
Freeport-McMoRan Inc. 5.40% 2034 | 14,299 | 17,235 | |
Freeport-McMoRan Inc. 5.45% 2043 | 19,075 | 23,319 | |
FXI Holdings, Inc. 7.875% 20247 | 26,258 | 27,177 | |
FXI Holdings, Inc. 12.25% 20267 | 32,297 | 37,427 | |
GPC Merger Sub Inc. 7.125% 20287 | 13,525 | 14,531 | |
Hexion Inc. 7.875% 20277 | 28,001 | 30,177 | |
INEOS Group Holdings SA 5.625% 20247 | 15,135 | 15,286 | |
International Paper Co. 7.30% 2039 | 5,615 | 8,473 | |
Joseph T. Ryerson & Son, Inc. 8.50% 20287 | 5,085 | 5,628 | |
LSB Industries, Inc. 9.625% 20237 | 23,475 | 24,382 | |
LYB International Finance III, LLC 2.25% 2030 | 9,066 | 8,867 | |
LYB International Finance III, LLC 3.375% 2040 | 4,486 | 4,529 | |
LYB International Finance III, LLC 3.625% 2051 | 47,884 | 47,978 | |
LYB International Finance III, LLC 3.80% 2060 | 8,215 | 8,088 | |
Mercer International Inc. 5.125% 20297 | 5,800 | 6,003 | |
Methanex Corp. 5.125% 2027 | 61,880 | 65,424 | |
Mosaic Co. 3.25% 2022 | 1,500 | 1,560 | |
Nouryon Holding BV 8.00% 20267 | 22,345 | 23,809 | |
Nova Chemicals Corp. 4.25% 20297 | 13,075 | 12,977 | |
Novelis Corp. 4.75% 20307 | 24,935 | 25,964 | |
Nutrien Ltd. 1.90% 2023 | 7,974 | 8,188 | |
Nutrition & Biosciences, Inc. 1.832% 20277 | 3,375 | 3,337 | |
Nutrition & Biosciences, Inc. 3.468% 20507 | 5,000 | 4,929 | |
OCI NV 5.25% 20247 | 20,855 | 21,708 |
The Income Fund of America — Page 25 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials (continued) | Principal amount (000) | Value (000) | |
Owens-Illinois, Inc. 5.875% 20237 | $21,820 | $23,647 | |
Praxair, Inc. 1.10% 2030 | 4,407 | 4,084 | |
Rayonier A.M. Products Inc. 7.625% 20267 | 1,920 | 2,045 | |
S.P.C.M. SA 4.875% 20257 | 11,750 | 12,062 | |
SCIH Salt Holdings Inc. 4.875% 20287 | 18,270 | 18,247 | |
SCIH Salt Holdings Inc. 6.625% 20297 | 18,765 | 18,484 | |
Scotts Miracle-Gro Co. 4.50% 2029 | 18,595 | 19,583 | |
Sealed Air Corp. 5.25% 20237 | 5,960 | 6,332 | |
Sealed Air Corp. 4.00% 20277 | 19,239 | 20,201 | |
Sherwin-Williams Company 3.80% 2049 | 10,414 | 11,306 | |
Silgan Holdings Inc. 4.125% 2028 | 20,020 | 20,741 | |
Summit Materials, Inc. 6.50% 20277 | 9,760 | 10,332 | |
Summit Materials, Inc. 5.25% 20297 | 12,425 | 13,093 | |
Trivium Packaging BV 5.50% 20267 | 9,902 | 10,377 | |
Trivium Packaging BV 8.50% 20277 | 7,865 | 8,445 | |
Tronox Ltd. 4.625% 20297 | 8,970 | 9,172 | |
Valvoline Inc. 4.25% 20307 | 11,680 | 11,986 | |
Valvoline Inc. 3.625% 20317 | 13,689 | 13,398 | |
Venator Materials Corp. 5.75% 20257 | 45,720 | 45,285 | |
Venator Materials Corp. 9.50% 20257 | 20,172 | 22,744 | |
W. R. Grace & Co. 4.875% 20277 | 14,020 | 14,633 | |
Warrior Met Coal, Inc. 8.00% 20247 | 25,662 | 26,259 | |
Westlake Chemical Corp. 5.00% 2046 | 350 | 422 | |
Westlake Chemical Corp. 4.375% 2047 | 300 | 334 | |
1,408,454 | |||
Utilities 1.07% | |||
Abu Dhabi National Energy Company PJSC (TAQA) 3.625% 20237 | 2,000 | 2,104 | |
Abu Dhabi National Energy Company PJSC (TAQA) 4.375% 20257 | 17,000 | 19,048 | |
Abu Dhabi National Energy Company PJSC (TAQA) 4.375% 20267 | 200 | 228 | |
AEP Transmission Co. LLC 3.75% 2047 | 3,660 | 4,025 | |
AEP Transmission Co. LLC 3.65% 2050 | 250 | 273 | |
AES Corp. 3.30% 20257 | 17,950 | 19,154 | |
Ameren Corp. 3.50% 2031 | 650 | 703 | |
American Electric Power Company, Inc. 2.95% 2022 | 12,065 | 12,489 | |
American Electric Power Company, Inc. 4.30% 2028 | 3,300 | 3,763 | |
American Electric Power Company, Inc. 2.30% 2030 | 1,350 | 1,334 | |
American Water Cap Corp. 2.80% 2030 | 1,200 | 1,254 | |
AmeriGas Partners, LP 5.50% 2025 | 6,850 | 7,621 | |
Calpine Corp. 5.125% 20287 | 12,315 | 12,532 | |
Calpine Corp. 3.75% 20317 | 5,795 | 5,547 | |
CenterPoint Energy, Inc. 2.50% 2022 | 3,000 | 3,078 | |
CenterPoint Energy, Inc. 3.70% 2049 | 5,000 | 5,157 | |
Colbun SA 3.95% 20277 | 1,554 | 1,700 | |
Comisión Federal de Electricidad 3.348% 20317 | 9,000 | 8,681 | |
Comisión Federal de Electricidad 4.677% 20517 | 9,162 | 8,558 | |
Commonwealth Edison Co. 4.00% 2048 | 5,225 | 5,999 | |
Consolidated Edison Company of New York, Inc. 4.50% 2058 | 8,390 | 9,981 | |
Dominion Resources, Inc., junior subordinated, 3.071% 202410 | 2,550 | 2,721 | |
DPL Inc. 4.125% 20257 | 16,990 | 18,299 | |
DTE Energy Company 3.95% 2049 | 2,060 | 2,386 | |
Duke Energy Indiana, Inc. 4.90% 2043 | 14,785 | 18,404 | |
Duke Energy Indiana, Inc. 3.25% 2049 | 3,100 | 3,139 | |
Duke Energy Progress Inc. 4.15% 2044 | 2,110 | 2,422 |
The Income Fund of America — Page 26 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Edison International 3.125% 2022 | $3,970 | $4,107 | |
Edison International 3.55% 2024 | 20,475 | 22,060 | |
Edison International 4.95% 2025 | 400 | 449 | |
Edison International 5.75% 2027 | 6,745 | 7,906 | |
Edison International 4.125% 2028 | 5,866 | 6,339 | |
EDP Finance BV 3.625% 20247 | 10,175 | 10,993 | |
Electricité de France SA 4.75% 20357 | 8,250 | 9,755 | |
Electricité de France SA 4.875% 20387 | 1,750 | 2,084 | |
Emera Inc. 6.75% 2076 (3-month USD-LIBOR + 5.44% on 6/15/2026)10 | 36,024 | 41,764 | |
Empresa Nacional de Electricidad SA 4.25% 2024 | 900 | 965 | |
Enel Società per Azioni 8.75% 2073 (USD Semi Annual 30/360 (vs. 3-month USD-LIBOR) + 5.88% on 9/24/2023)7,10 | 37,337 | 43,684 | |
Entergy Corp. 2.80% 2030 | 6,650 | 6,784 | |
Entergy Louisiana, LLC 4.20% 2048 | 5,125 | 6,030 | |
Eversource Energy 3.80% 2023 | 4,095 | 4,416 | |
Exelon Corp. 4.05% 2030 | 1,000 | 1,125 | |
Exelon Corp. 4.70% 2050 | 2,500 | 3,041 | |
Exelon Corp., junior subordinated, 3.497% 202210 | 8,000 | 8,243 | |
FirstEnergy Corp. 3.35% 202210 | 19,475 | 19,872 | |
FirstEnergy Corp. 2.05% 2025 | 2,460 | 2,481 | |
FirstEnergy Corp. 1.60% 2026 | 989 | 963 | |
FirstEnergy Corp. 4.40% 202710 | 39,767 | 43,590 | |
FirstEnergy Corp. 3.50% 20287 | 2,500 | 2,591 | |
FirstEnergy Corp. 2.25% 2030 | 900 | 849 | |
FirstEnergy Corp. 2.65% 2030 | 6,430 | 6,295 | |
FirstEnergy Corp. 7.375% 2031 | 14,030 | 19,005 | |
FirstEnergy Corp. 3.40% 2050 | 30,600 | 28,380 | |
FirstEnergy Corp., Series B, 4.75% 202310 | 37,684 | 39,981 | |
FirstEnergy Transmission LLC 2.866% 20287 | 10,750 | 11,040 | |
Georgia Power Co. 2.65% 2029 | 450 | 466 | |
Georgia Power Co. 3.70% 2050 | 4,285 | 4,539 | |
Gulf Power Co. 3.30% 2027 | 600 | 656 | |
Interstate Power and Light Co. 3.25% 2024 | 7,628 | 8,279 | |
Israel Electric Corp. Ltd. 8.10% 20967 | 4,905 | 7,186 | |
Mississippi Power Co. 3.95% 2028 | 6,437 | 7,186 | |
Mississippi Power Co. 4.25% 2042 | 2,550 | 2,917 | |
Monongahela Power Co. 3.55% 20277 | 2,550 | 2,787 | |
National Rural Utilities Cooperative Finance Corp. 3.05% 2027 | 12,000 | 12,913 | |
Northern States Power Co. 4.125% 2044 | 11,000 | 12,919 | |
Northern States Power Co. 3.20% 2052 | 4,715 | 4,859 | |
NRG Energy, Inc. 7.25% 2026 | 2,000 | 2,073 | |
NRG Energy, Inc. 3.625% 20317 | 11,050 | 10,840 | |
Pacific Gas and Electric Co. 1.75% 2022 | 30,000 | 30,027 | |
Pacific Gas and Electric Co. 1.367% 2023 | 16,175 | 16,182 | |
Pacific Gas and Electric Co. 3.85% 2023 | 8,710 | 9,249 | |
Pacific Gas and Electric Co. 4.25% 2023 | 20,475 | 21,862 | |
Pacific Gas and Electric Co. 3.40% 2024 | 4,510 | 4,808 | |
Pacific Gas and Electric Co. 3.45% 2025 | 1,250 | 1,327 | |
Pacific Gas and Electric Co. 2.95% 2026 | 20,225 | 20,890 | |
Pacific Gas and Electric Co. 3.15% 2026 | 43,971 | 45,847 | |
Pacific Gas and Electric Co. 2.10% 2027 | 750 | 732 | |
Pacific Gas and Electric Co. 3.30% 2027 | 19,950 | 20,615 | |
Pacific Gas and Electric Co. 3.30% 2027 | 10,863 | 11,318 | |
Pacific Gas and Electric Co. 3.75% 2028 | 16,100 | 17,022 |
The Income Fund of America — Page 27 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Pacific Gas and Electric Co. 4.65% 2028 | $9,981 | $10,988 | |
Pacific Gas and Electric Co. 4.55% 2030 | 56,492 | 60,781 | |
Pacific Gas and Electric Co. 2.50% 2031 | 36,050 | 33,983 | |
Pacific Gas and Electric Co. 3.25% 2031 | 6,000 | 5,941 | |
Pacific Gas and Electric Co. 3.30% 2040 | 4,050 | 3,612 | |
Pacific Gas and Electric Co. 3.75% 2042 | 17,045 | 15,444 | |
Pacific Gas and Electric Co. 3.95% 2047 | 1,000 | 921 | |
Pacific Gas and Electric Co. 3.50% 2050 | 6,229 | 5,405 | |
PacifiCorp. 3.30% 2051 | 1,150 | 1,175 | |
PacifiCorp., First Mortgage Bonds, 4.125% 2049 | 11,000 | 12,743 | |
PG&E Corp. 5.00% 2028 | 31,335 | 32,863 | |
PG&E Corp. 5.25% 2030 | 6,770 | 7,235 | |
Progress Energy, Inc. 7.00% 2031 | 4,000 | 5,443 | |
Progress Energy, Inc. 7.75% 2031 | 2,500 | 3,533 | |
Public Service Electric and Gas Co. 3.20% 2029 | 1,000 | 1,084 | |
Public Service Electric and Gas Co. 2.45% 2030 | 3,275 | 3,360 | |
Public Service Electric and Gas Co. 3.15% 2050 | 1,950 | 1,986 | |
Public Service Enterprise Group Inc. 2.65% 2022 | 2,075 | 2,141 | |
Puget Energy, Inc. 6.00% 2021 | 3,945 | 4,015 | |
Puget Energy, Inc. 5.625% 2022 | 9,592 | 10,068 | |
Puget Energy, Inc. 3.65% 2025 | 650 | 702 | |
Puget Sound Energy, Inc. 3.25% 2049 | 6,750 | 6,893 | |
Southern California Edison Co. 1.845% 2022 | 1,279 | 1,280 | |
Southern California Edison Co. 3.50% 2023 | 21,000 | 22,327 | |
Southern California Edison Co. 3.70% 2025 | 450 | 494 | |
Southern California Edison Co. 2.85% 2029 | 8,900 | 9,154 | |
Southern California Edison Co. 4.20% 2029 | 14,250 | 16,036 | |
Southern California Edison Co. 5.35% 2035 | 17,725 | 22,139 | |
Southern California Edison Co. 5.75% 2035 | 4,400 | 5,714 | |
Southern California Edison Co. 5.625% 2036 | 16,750 | 21,375 | |
Southern California Edison Co. 5.55% 2037 | 3,475 | 4,289 | |
Southern California Edison Co. 5.95% 2038 | 8,500 | 11,053 | |
Southern California Edison Co. 6.05% 2039 | 60 | 79 | |
Southern California Edison Co. 4.50% 2040 | 19,625 | 22,363 | |
Southern California Edison Co. 5.50% 2040 | 839 | 1,055 | |
Southern California Edison Co. 4.00% 2047 | 14,832 | 15,479 | |
Southern California Edison Co. 4.125% 2048 | 16,475 | 17,611 | |
Southern California Edison Co. 4.875% 2049 | 3,650 | 4,334 | |
Southern California Edison Co. 3.65% 2050 | 16,064 | 16,127 | |
Southern California Edison Co. 2.95% 2051 | 574 | 522 | |
Southern California Edison Co., Series C, 3.60% 2045 | 11,875 | 11,867 | |
Southern Co. 3.70% 2030 | 5,300 | 5,791 | |
Southern Co. 4.25% 2036 | 1,300 | 1,486 | |
Southern Co. 4.40% 2046 | 2,100 | 2,392 | |
Southwestern Electric Power Company 1.65% 2026 | 5,075 | 5,125 | |
Talen Energy Corp. 6.50% 2025 | 180 | 150 | |
Talen Energy Corp. 10.50% 20267 | 12,140 | 11,181 | |
Talen Energy Corp. 7.25% 20277 | 33,769 | 34,782 | |
Talen Energy Supply, LLC 7.625% 20287 | 12,420 | 12,897 | |
Virginia Electric and Power Co. 3.45% 2024 | 560 | 601 | |
Virginia Electric and Power Co. 3.10% 2025 | 2,625 | 2,821 |
The Income Fund of America — Page 28 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Wisconsin Power and Light Co. 3.65% 2050 | $350 | $381 | |
Xcel Energy Inc. 2.60% 2029 | 3,500 | 3,579 | |
1,327,691 | |||
Information technology 0.64% | |||
Almonde Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 8.25% 202511,12 | 32,150 | 32,519 | |
Apple Inc. 0.70% 2026 | 8,500 | 8,400 | |
Apple Inc. 1.20% 2028 | 17,000 | 16,559 | |
Apple Inc. 1.65% 2031 | 8,500 | 8,200 | |
Applied Systems, Inc., Term Loan, (3-month USD-LIBOR + 5.50%) 6.25% 202511,12 | 10,708 | 10,852 | |
Avaya Inc. 6.125% 20287 | 7,100 | 7,561 | |
Banff Merger Sub Inc. 9.75% 20267 | 20,180 | 21,492 | |
Black Knight Inc. 3.625% 20287 | 21,200 | 20,768 | |
BMC Software, Inc. 9.125% 20267 | 14,050 | 14,863 | |
Broadcom Inc. 3.15% 2025 | 2,792 | 2,992 | |
Broadcom Inc. 2.45% 20317 | 8,329 | 7,952 | |
Broadcom Inc. 2.60% 20337 | 8,573 | 8,102 | |
Broadcom Inc. 3.419% 20337 | 9,208 | 9,342 | |
Broadcom Inc. 3.469% 20347 | 102,172 | 103,405 | |
Broadcom Inc. 3.50% 20417 | 13,408 | 12,962 | |
Broadcom Inc. 3.75% 20517 | 11,431 | 11,064 | |
Broadcom Ltd. 3.875% 2027 | 20,495 | 22,469 | |
Broadcom Ltd. 3.50% 2028 | 10,450 | 11,203 | |
CommScope Finance LLC 6.00% 20267 | 26,850 | 28,339 | |
Diebold Nixdorf AG, Term Loan B, (3-month USD-LIBOR + 2.75%) 2.875% 202311,12 | 5,581 | 5,470 | |
Diebold Nixdorf, Inc. 9.375% 20257 | 38,410 | 42,851 | |
Diebold, Inc. 8.50% 2024 | 8,150 | 8,333 | |
Entegris, Inc. 3.625% 20297 | 30,000 | 30,487 | |
Fidelity National Information Services, Inc. 1.65% 2028 | 2,366 | 2,325 | |
Fidelity National Information Services, Inc. 2.25% 2031 | 3,420 | 3,366 | |
Fidelity National Information Services, Inc. 3.10% 2041 | 2,027 | 2,013 | |
Fiserv, Inc. 3.20% 2026 | 6,331 | 6,873 | |
Fiserv, Inc. 2.65% 2030 | 11,509 | 11,730 | |
Gartner, Inc. 4.50% 20287 | 16,625 | 17,498 | |
Gartner, Inc. 3.75% 20307 | 5,300 | 5,322 | |
McAfee, LLC, Term Loan, (3-month USD-LIBOR + 3.75%) 3.860% 202411,12 | 10,179 | 10,188 | |
Microsoft Corp. 2.65% 2022 | 6,000 | 6,199 | |
Microsoft Corp. 2.875% 2024 | 6,865 | 7,311 | |
Microsoft Corp. 2.525% 2050 | 16,092 | 15,016 | |
Microsoft Corp. 2.921% 2052 | 6,000 | 6,008 | |
MoneyGram International Inc., Term Loan B, (3-month USD-LIBOR + 6.00%) 7.00% 202311,12 | 17,249 | 17,288 | |
NCR Corp. 5.125% 20297 | 16,500 | 16,995 | |
Oracle Corp. 1.65% 2026 | 9,000 | 9,096 | |
Oracle Corp. 2.30% 2028 | 10,300 | 10,469 | |
Oracle Corp. 2.875% 2031 | 10,680 | 10,867 | |
Oracle Corp. 3.65% 2041 | 15,000 | 15,349 | |
Oracle Corp. 3.95% 2051 | 19,477 | 20,300 | |
PayPal Holdings, Inc. 2.65% 2026 | 5,910 | 6,305 | |
PayPal Holdings, Inc. 2.30% 2030 | 3,300 | 3,332 | |
Rocket Software, Inc. 6.50% 20297 | 16,050 | 16,267 | |
Sabre GLBL Inc. 7.375% 20257 | 3,125 | 3,407 | |
Sabre Holdings Corp. 9.25% 20257 | 5,100 | 6,101 | |
Simon Property Group, LP 3.50% 2025 | 3,750 | 4,099 | |
Simon Property Group, LP 1.75% 2028 | 8,189 | 8,049 |
The Income Fund of America — Page 29 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Information technology (continued) | Principal amount (000) | Value (000) | |
Simon Property Group, LP 2.65% 2030 | $4,100 | $4,162 | |
Solera Holdings, Inc. 10.50% 20247 | 8,085 | 8,343 | |
Synaptics Incorporated 4.00% 20297 | 2,925 | 2,933 | |
UKG Inc., Term Loan-B, (3-month USD-LIBOR + 3.25%) 4.00% 202611,12 | 2,761 | 2,768 | |
Ultimate Software Group Inc., Term Loan, (3-month USD-LIBOR + 6.75%) 7.50% 202711,12 | 5,300 | 5,468 | |
Unisys Corp. 6.875% 20277 | 6,000 | 6,593 | |
Veritas Holdings Ltd. 7.50% 20257 | 26,285 | 27,238 | |
ViaSat, Inc. 5.625% 20277 | 2,450 | 2,572 | |
Virtusa Corp., Term Loan-B, (3-month USD-LIBOR + 4.25%) 5.00% 202811,12 | 775 | 781 | |
Visa Inc. 3.15% 2025 | 8,000 | 8,756 | |
Xerox Corp. 5.00% 20257 | 15,650 | 16,452 | |
Xerox Corp. 5.50% 20287 | 22,100 | 23,122 | |
797,146 | |||
Consumer staples 0.57% | |||
7-Eleven, Inc. 0.80% 20247 | 11,565 | 11,554 | |
7-Eleven, Inc. 0.95% 20267 | 4,700 | 4,618 | |
7-Eleven, Inc. 1.30% 20287 | 6,710 | 6,469 | |
7-Eleven, Inc. 1.80% 20317 | 7,240 | 6,855 | |
Albertsons Companies, Inc. 3.50% 20297 | 6,195 | 5,955 | |
Altria Group, Inc. 5.80% 2039 | 21,295 | 25,797 | |
Altria Group, Inc. 3.40% 2041 | 8,500 | 7,802 | |
Altria Group, Inc. 4.50% 2043 | 4,000 | 4,185 | |
Altria Group, Inc. 5.95% 2049 | 17,533 | 21,593 | |
Altria Group, Inc. 3.70% 2051 | 8,500 | 7,638 | |
Anheuser-Busch InBev NV 4.15% 2025 | 6,000 | 6,695 | |
Anheuser-Busch InBev NV 4.00% 2028 | 8,025 | 9,017 | |
Anheuser-Busch InBev NV 5.45% 2039 | 6,000 | 7,591 | |
Anheuser-Busch InBev NV 4.95% 2042 | 9,095 | 11,021 | |
Anheuser-Busch InBev NV 4.60% 2048 | 700 | 809 | |
Anheuser-Busch InBev NV 5.55% 2049 | 3,550 | 4,597 | |
Anheuser-Busch InBev NV 4.50% 2050 | 3,400 | 3,905 | |
B&G Foods, Inc. 5.25% 2025 | 20,860 | 21,498 | |
B&G Foods, Inc. 5.25% 2027 | 17,875 | 18,521 | |
British American Tobacco International Finance PLC 3.95% 20257 | 10,914 | 11,970 | |
British American Tobacco International Finance PLC 1.668% 2026 | 8,990 | 8,952 | |
British American Tobacco PLC 3.222% 2024 | 8,000 | 8,528 | |
British American Tobacco PLC 3.215% 2026 | 8,308 | 8,796 | |
British American Tobacco PLC 3.557% 2027 | 1,479 | 1,577 | |
British American Tobacco PLC 2.259% 2028 | 9,610 | 9,432 | |
British American Tobacco PLC 4.39% 2037 | 14,255 | 14,688 | |
British American Tobacco PLC 4.54% 2047 | 35,820 | 35,337 | |
British American Tobacco PLC 4.758% 2049 | 33,784 | 34,275 | |
British American Tobacco PLC 5.282% 2050 | 5,000 | 5,445 | |
Central Garden & Pet Co. 4.125% 2030 | 11,846 | 12,234 | |
Central Garden & Pet Co. 4.125% 20317 | 11,925 | 11,880 | |
Conagra Brands, Inc. 4.30% 2024 | 3,760 | 4,148 | |
Constellation Brands, Inc. 2.65% 2022 | 5,230 | 5,398 | |
Constellation Brands, Inc. 3.20% 2023 | 2,060 | 2,154 | |
Darling Ingredients Inc. 5.25% 20277 | 10,085 | 10,621 | |
Edgewell Personal Care Co. 5.50% 20287 | 4,040 | 4,298 | |
Energizer Holdings, Inc. 4.375% 20297 | 14,640 | 14,549 | |
Imperial Tobacco Finance PLC 3.50% 20237 | 10,000 | 10,379 | |
JBS Investments GmbH II 7.00% 2026 | 13,200 | 14,072 |
The Income Fund of America — Page 30 of 50
unaudited
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer staples (continued) | Principal amount (000) | Value (000) | |
JBS Investments GmbH II 7.00% 20267 | $1,800 | $1,919 | |
Keurig Dr Pepper Inc. 4.985% 2038 | 8,185 | 10,162 | |
Kraft Heinz Company 3.875% 2027 | 10,775 | 11,743 | |
Kraft Heinz Company 4.25% 2031 | 6,180 | 6,822 | |
Kraft Heinz Company 4.625% 2039 | 4,310 | 4,821 | |
Kraft Heinz Company 5.20% 2045 | 13,830 | 16,396 | |
Kraft Heinz Company 4.375% 2046 | 8,545 | 9,177 | |
Kraft Heinz Company 4.875% 2049 | 16,600 | 19,085 | |
Kraft Heinz Company 5.50% 2050 | 5,340 | 6,648 | |
Kronos Acquisition Holdings Inc. 5.00% 20267 | 1,795 | 1,813 | |
Kronos Acquisition Holdings Inc. 7.00% 20277 | 3,645 | 3,540 | |
Molson Coors Brewing Co. 4.20% 2046 | 9,290 | 9,884 | |
Nestle Skin Health SA, Term Loan B3, (3-month USD-LIBOR + 3.75%) 4.50% 202611,12 | 36,629 | 36,713 | |
Philip Morris International Inc. 2.375% 2022 | 5,035 | 5,173 | |
Philip Morris International Inc. 2.625% 2022 | 8,405 | 8,548 | |
Philip Morris International Inc. 0.875% 2026 | 10,101 | 9,952 | |
Philip Morris International Inc. 1.75% 2030 | 9,986 | 9,420 | |
Post Holdings, Inc. 5.625% 20287 | 9,680 | 10,212 | |
Post Holdings, Inc. 5.50% 20297 | 9,040 | 9,743 | |
Post Holdings, Inc. 4.625% 20307 | 32,415 | 32,780 | |
Prestige Brands International Inc. 5.125% 20287 | 8,162 | 8,565 | |
Prestige Brands International Inc. 3.75% 20317 | 7,445 | 7,156 | |
Reynolds American Inc. 5.70% 2035 | 3,130 | 3,668 | |
Reynolds American Inc. 5.85% 2045 | 18,028 | 20,808 | |
Simmons Foods Inc. 4.625% 20297 | 26,532 | 26,770 | |
706,371 | |||
Real estate 0.43% | |||
Alexandria Real Estate Equities, Inc. 3.95% 2028 | 975 | 1,095 | |
Alexandria Real Estate Equities, Inc. 2.75% 2029 | 4,851 | 5,000 | |
Alexandria Real Estate Equities, Inc. 3.375% 2031 | 2,375 | 2,553 | |
Alexandria Real Estate Equities, Inc. 1.875% 2033 | 7,073 | 6,531 | |
American Campus Communities, Inc. 4.125% 2024 | 24,700 | 26,991 | |
American Campus Communities, Inc. 3.625% 2027 | 7,600 | 8,312 | |
American Tower Corp. 1.60% 2026 | 7,822 | 7,874 | |
American Tower Corp. 3.55% 2027 | 2,525 | 2,760 | |
Brandywine Operating Partnership, LP 3.95% 2023 | 1,639 | 1,712 | |
Brookfield Property REIT Inc. 5.75% 20267 | 51,340 | 53,602 | |
Corporate Office Properties LP 2.75% 2031 | 7,219 | 7,134 | |
Diversified Healthcare Trust 4.375% 2031 | 18,290 | 17,712 | |
Equinix, Inc. 2.90% 2026 | 1,144 | 1,217 | |
Equinix, Inc. 1.80% 2027 | 3,699 | 3,672 | |
Equinix, Inc. 1.55% 2028 | 3,175 | 3,064 | |
Equinix, Inc. 3.20% 2029 | 1,552 | 1,639 | |
Equinix, Inc. 3.00% 2050 | 1,824 | 1,675 | |
Essex Portfolio LP 3.875% 2024 | 5,900 | 6,397 | |
Essex Portfolio LP 3.50% 2025 | 1,920 | 2,084 | |
Gaming and Leisure Properties, Inc. 3.35% 2024 | 2,526 | 2,684 | |
Hospitality Properties Trust 7.50% 2025 | 5,224 | 5,925 | |
Hospitality Properties Trust 3.95% 2028 | 1,990 | 1,845 | |
Howard Hughes Corp. 5.375% 20287 | 53,705 | 56,887 | |
Howard Hughes Corp. 4.125% 20297 | 23,940 | 23,757 | |
Howard Hughes Corp. 4.375% 20317 | 25,675 | 25,450 | |
Iron Mountain Inc. 4.875% 20277 | 10,665 | 11,117 |
The Income Fund of America — Page 31 of 50
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Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Real estate (continued) | Principal amount (000) | Value (000) | |
Iron Mountain Inc. 5.00% 20287 | $15,096 | $15,663 | |
Iron Mountain Inc. 5.25% 20287 | 17,489 | 18,368 | |
Iron Mountain Inc. 5.25% 20307 | 23,195 | 24,124 | |
Iron Mountain Inc. 4.50% 20317 | 19,670 | 19,643 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2029 | 23,600 | 24,427 | |
Kennedy-Wilson Holdings, Inc. 5.00% 2031 | 16,185 | 16,780 | |
Ladder Capital Corp. 5.25% 20257 | 3,930 | 3,977 | |
Medical Properties Trust, Inc. 5.00% 2027 | 23,785 | 25,063 | |
Medical Properties Trust, Inc. 3.50% 2031 | 5,178 | 5,174 | |
Public Storage 0.875% 2026 | 2,014 | 1,990 | |
Public Storage 1.85% 2028 | 4,723 | 4,717 | |
Public Storage 2.30% 2031 | 3,308 | 3,312 | |
QTS Realty Trust, Inc. 3.875% 20287 | 10,950 | 11,073 | |
Realogy Corp. 5.75% 20297 | 31,975 | 33,226 | |
RHP Hotel Properties LP / RHP Finance Corp. 4.50% 20297 | 7,875 | 7,815 | |
Scentre Group 3.25% 20257 | 10,365 | 11,061 | |
Scentre Group 3.50% 20257 | 5,455 | 5,824 | |
Scentre Group 3.75% 20277 | 3,000 | 3,273 | |
Select Income REIT 4.15% 2022 | 1,035 | 1,057 | |
Service Properties Trust 5.50% 2027 | 2,845 | 2,998 | |
Westfield Corp. Ltd. 3.15% 20227 | 6,020 | 6,128 | |
534,382 | |||
Municipals 0.02% | |||
Summa Health 3.511% 2051 | 2,650 | 2,675 | |
VM Fund I, LLC 8.625% 20282,3,7 | 20,000 | 19,490 | |
22,165 | |||
Total corporate bonds, notes & loans | 17,597,633 | ||
Mortgage-backed obligations 4.03% Federal agency mortgage-backed obligations 3.81% | |||
Fannie Mae Pool #885290 6.00% 202114 | 1 | 1 | |
Fannie Mae Pool #932119 4.50% 202414 | 316 | 333 | |
Fannie Mae Pool #995265 5.50% 202414 | 16 | 16 | |
Fannie Mae Pool #AD8191 4.00% 202514 | 145 | 154 | |
Fannie Mae Pool #AD6392 4.50% 202514 | 285 | 302 | |
Fannie Mae Pool #AD3149 4.50% 202514 | 162 | 172 | |
Fannie Mae Pool #AD5692 4.50% 202514 | 130 | 137 | |
Fannie Mae Pool #AD6119 4.50% 202514 | 125 | 132 | |
Fannie Mae Pool #AJ6967 3.00% 202614 | 3,649 | 3,849 | |
Fannie Mae Pool #AJ5522 3.00% 202614 | 1,248 | 1,317 | |
Fannie Mae Pool #AJ9387 3.00% 202614 | 3 | 3 | |
Fannie Mae Pool #AI6180 4.00% 202614 | 47 | 50 | |
Fannie Mae Pool #AL5603 3.00% 202714 | 284 | 300 | |
Fannie Mae Pool #MA1035 3.00% 202714 | 66 | 70 | |
Fannie Mae Pool #AK5169 3.00% 202714 | 41 | 43 | |
Fannie Mae Pool #AL2940 3.50% 202714 | 278 | 301 | |
Fannie Mae Pool #BM4533 4.00% 202714 | 1,194 | 1,273 | |
Fannie Mae Pool #AL4693 3.00% 202814 | 12 | 13 | |
Fannie Mae Pool #AU6794 3.00% 202814 | 5 | 6 | |
Fannie Mae Pool #MA3345 3.50% 202814 | 103 | 111 | |
Fannie Mae Pool #AL8241 3.00% 202914 | 290 | 306 | |
Fannie Mae Pool #AL8347 4.00% 202914 | 370 | 395 |
The Income Fund of America — Page 32 of 50
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 #BM4299 3.00% 203014 | $1,719 | $1,812 | |
Fannie Mae Pool #BM1231 3.50% 203114 | 262 | 280 | |
Fannie Mae Pool #890805 4.00% 203114 | 447 | 477 | |
Fannie Mae Pool #BJ5674 3.00% 203314 | 306 | 322 | |
Fannie Mae Pool #MA3541 4.00% 203314 | 289 | 309 | |
Fannie Mae Pool #BJ6249 4.00% 203314 | 201 | 218 | |
Fannie Mae Pool #BM5494 4.00% 203314 | 164 | 175 | |
Fannie Mae Pool #254767 5.50% 203314 | 152 | 176 | |
Fannie Mae Pool #MA3611 4.00% 203414 | 135 | 144 | |
Fannie Mae Pool #BN1085 4.00% 203414 | 14 | 15 | |
Fannie Mae Pool #735228 5.50% 203514 | 135 | 157 | |
Fannie Mae Pool #AS8554 3.00% 203614 | 18,620 | 19,690 | |
Fannie Mae Pool #BE4703 3.00% 203614 | 761 | 809 | |
Fannie Mae Pool #888795 5.50% 203614 | 875 | 1,018 | |
Fannie Mae Pool #256308 6.00% 203614 | 242 | 288 | |
Fannie Mae Pool #878099 6.00% 203614 | 135 | 156 | |
Fannie Mae Pool #880426 6.00% 203614 | 62 | 69 | |
Fannie Mae Pool #888637 6.00% 203714 | 1,457 | 1,736 | |
Fannie Mae Pool #936999 6.00% 203714 | 468 | 544 | |
Fannie Mae Pool #950991 6.00% 203714 | 396 | 462 | |
Fannie Mae Pool #945832 6.50% 203714 | 93 | 110 | |
Fannie Mae Pool #941315 6.50% 203714 | 58 | 66 | |
Fannie Mae Pool #995674 6.00% 203814 | 826 | 984 | |
Fannie Mae Pool #929964 6.00% 203814 | 483 | 573 | |
Fannie Mae Pool #AE0967 3.50% 203914 | 120 | 131 | |
Fannie Mae Pool #932274 4.50% 203914 | 7,512 | 8,441 | |
Fannie Mae Pool #AC0479 6.00% 203914 | 306 | 359 | |
Fannie Mae Pool #AE0443 6.50% 203914 | 165 | 193 | |
Fannie Mae Pool #AE4483 4.00% 204014 | 1,973 | 2,188 | |
Fannie Mae Pool #AE8073 4.00% 204014 | 159 | 176 | |
Fannie Mae Pool #AE9377 4.50% 204014 | 7 | 8 | |
Fannie Mae Pool #AD4927 5.00% 204014 | 2,108 | 2,389 | |
Fannie Mae Pool #MA4333 2.00% 204114 | 44,390 | 45,089 | |
Fannie Mae Pool #MA4364 2.00% 204114 | 38,850 | 39,511 | |
Fannie Mae Pool #AE0828 3.50% 204114 | 55 | 60 | |
Fannie Mae Pool #AB4050 4.00% 204114 | 267 | 296 | |
Fannie Mae Pool #AJ4189 4.00% 204114 | 170 | 189 | |
Fannie Mae Pool #AJ4154 4.00% 204114 | 154 | 170 | |
Fannie Mae Pool #AJ0257 4.00% 204114 | 68 | 76 | |
Fannie Mae Pool #AB2470 4.50% 204114 | 32 | 36 | |
Fannie Mae Pool #AI8482 5.00% 204114 | 126 | 144 | |
Fannie Mae Pool #AI5571 5.00% 204114 | 93 | 108 | |
Fannie Mae Pool #AI4836 5.00% 204114 | 95 | 108 | |
Fannie Mae Pool #AI3422 5.00% 204114 | 91 | 106 | |
Fannie Mae Pool #AB5377 3.50% 204214 | 17,187 | 18,727 | |
Fannie Mae Pool #AO9140 3.50% 204214 | 6,259 | 6,820 | |
Fannie Mae Pool #AL2745 4.00% 204214 | 1,281 | 1,422 | |
Fannie Mae Pool #890407 4.00% 204214 | 437 | 484 | |
Fannie Mae Pool #AU3742 3.50% 204314 | 12,253 | 13,426 | |
Fannie Mae Pool #AU8813 4.00% 204314 | 2,050 | 2,286 | |
Fannie Mae Pool #AU9348 4.00% 204314 | 1,493 | 1,665 | |
Fannie Mae Pool #AU9350 4.00% 204314 | 1,184 | 1,314 | |
Fannie Mae Pool #AL8354 3.50% 204514 | 7,037 | 7,663 | |
Fannie Mae Pool #BC4764 3.00% 204614 | 32,290 | 34,152 |
The Income Fund of America — Page 33 of 50
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 #FM2795 3.00% 204614 | $23,447 | $24,779 | |
Fannie Mae Pool #FM5245 3.50% 204614 | 77,638 | 84,013 | |
Fannie Mae Pool #BC0157 3.50% 204614 | 30,297 | 32,943 | |
Fannie Mae Pool #AL8522 3.50% 204614 | 14,367 | 15,609 | |
Fannie Mae Pool #FM2265 3.00% 204714 | 37,549 | 39,667 | |
Fannie Mae Pool #FM2210 3.00% 204714 | 24,178 | 25,513 | |
Fannie Mae Pool #BF0302 3.00% 204714 | 14,846 | 15,784 | |
Fannie Mae Pool #AS8650 3.00% 204714 | 12,021 | 12,698 | |
Fannie Mae Pool #CA0854 3.50% 204714 | 9,514 | 10,312 | |
Fannie Mae Pool #CA0770 3.50% 204714 | 586 | 629 | |
Fannie Mae Pool #MA3121 4.00% 204714 | 5,415 | 5,854 | |
Fannie Mae Pool #BM4413 4.50% 204714 | 7,349 | 8,072 | |
Fannie Mae Pool #947661 6.50% 204714 | 158 | 171 | |
Fannie Mae Pool #953823 7.00% 204714 | 266 | 310 | |
Fannie Mae Pool #947554 7.00% 204714 | 138 | 161 | |
Fannie Mae Pool #920015 7.00% 204714 | 81 | 95 | |
Fannie Mae Pool #257036 7.00% 204714 | 14 | 17 | |
Fannie Mae Pool #BF0293 3.00% 204814 | 15,007 | 16,018 | |
Fannie Mae Pool #BJ3876 3.00% 204814 | 14,505 | 15,227 | |
Fannie Mae Pool #BF0318 3.50% 204814 | 14,264 | 15,529 | |
Fannie Mae Pool #FM1784 4.00% 204814 | 14,348 | 15,568 | |
Fannie Mae Pool #CA1542 4.00% 204814 | 9,856 | 10,772 | |
Fannie Mae Pool #BK0920 4.00% 204814 | 2,399 | 2,580 | |
Fannie Mae Pool #BJ9252 4.00% 204814 | 717 | 771 | |
Fannie Mae Pool #BK0915 4.00% 204814 | 212 | 228 | |
Fannie Mae Pool #CA2493 4.50% 204814 | 15 | 16 | |
Fannie Mae Pool #CA4534 3.00% 204914 | 37,378 | 39,641 | |
Fannie Mae Pool #CA4756 3.00% 204914 | 32,836 | 34,815 | |
Fannie Mae Pool #CA3807 3.00% 204914 | 2,584 | 2,748 | |
Fannie Mae Pool #CA3806 3.00% 204914 | 1,520 | 1,619 | |
Fannie Mae Pool #CA4804 3.50% 204914 | 60,275 | 65,428 | |
Fannie Mae Pool #CA4112 3.50% 204914 | 59,187 | 64,451 | |
Fannie Mae Pool #CA3814 3.50% 204914 | 51,467 | 56,044 | |
Fannie Mae Pool #CA4802 3.50% 204914 | 44,651 | 48,566 | |
Fannie Mae Pool #FM2318 3.50% 204914 | 33,423 | 36,179 | |
Fannie Mae Pool #FM2092 3.50% 204914 | 22,281 | 24,187 | |
Fannie Mae Pool #FM1954 3.50% 204914 | 8,990 | 9,663 | |
Fannie Mae Pool #FM1589 3.50% 204914 | 5,569 | 5,982 | |
Fannie Mae Pool #CA3976 4.00% 204914 | 110,249 | 120,015 | |
Fannie Mae Pool #CA3184 4.00% 204914 | 19,097 | 20,828 | |
Fannie Mae Pool #CA4432 4.00% 204914 | 11,354 | 12,385 | |
Fannie Mae Pool #FM1668 4.00% 204914 | 8,514 | 9,320 | |
Fannie Mae Pool #FM2824 3.00% 205014 | 81,725 | 86,957 | |
Fannie Mae Pool #CA8285 3.00% 205014 | 3,775 | 4,060 | |
Fannie Mae Pool #CA9302 3.00% 205114 | 72,250 | 78,114 | |
Fannie Mae Pool #CA8968 3.00% 205114 | 46,284 | 49,472 | |
Fannie Mae Pool #BQ4562 3.00% 205114 | 15,293 | 16,346 | |
Fannie Mae Pool #CA8969 3.00% 205114 | 5,730 | 6,091 | |
Fannie Mae Pool #BF0167 3.00% 205714 | 1,173 | 1,276 | |
Fannie Mae Pool #BF0145 3.50% 205714 | 21,844 | 24,024 | |
Fannie Mae Pool #BF0264 3.50% 205814 | 19,262 | 21,084 | |
Fannie Mae Pool #BF0332 3.00% 205914 | 103,761 | 112,847 | |
Fannie Mae, Series 2001-4, Class GA, 9.008% 202512,14 | 1 | 1 | |
Fannie Mae, Series 2001-4, Class NA, 9.007% 202512,14 | — 8 | —8 |
The Income Fund of America — Page 34 of 50
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Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Fannie Mae, Series 2007-33, Class HE, 5.50% 203714 | $1,501 | $1,741 | |
Fannie Mae, Series 2007-24, Class P, 6.00% 203714 | 678 | 798 | |
Fannie Mae, Series 2001-T10, Class A1, 7.00% 204114 | 152 | 177 | |
Fannie Mae, Series 2001-50, Class BA, 7.00% 204114 | 138 | 159 | |
Fannie Mae, Series 2002-W3, Class A5, 7.50% 204114 | 112 | 137 | |
Fannie Mae, Series 2002-W1, Class 2A, 5.386% 204212,14 | 304 | 337 | |
Fannie Mae, Series 2012-M14, Class A2, Multi Family, 2.301% 202212,14 | 2,252 | 2,300 | |
Fannie Mae, Series 2012-M9, Class A2, Multi Family, 2.482% 202214 | 3,832 | 3,878 | |
Fannie Mae, Series 2012-M5, Class A2, Multi Family, 2.715% 202214 | 1,536 | 1,547 | |
Fannie Mae, Series 2013-M14, Class A2, Multi Family, 3.329% 202312,14 | 5,748 | 6,093 | |
Fannie Mae, Series 2014-M2, Class A2, Multi Family, 3.513% 202312,14 | 6,421 | 6,860 | |
Fannie Mae, Series 2014-M9, Class A2, Multi Family, 3.103% 202412,14 | 7,183 | 7,679 | |
Fannie Mae, Series 2014-M3, Class A2, Multi Family, 3.501% 202412,14 | 5,983 | 6,392 | |
Fannie Mae, Series 2017-M3, Class A2, Multi Family, 2.56% 202612,14 | 16,665 | 17,798 | |
Freddie Mac Pool #ZS8443 3.00% 202614 | 49 | 51 | |
Freddie Mac Pool #ZK3536 3.50% 202614 | 13 | 14 | |
Freddie Mac Pool #ZK7580 3.00% 202714 | 900 | 953 | |
Freddie Mac Pool #ZS7297 3.00% 202714 | 7 | 8 | |
Freddie Mac Pool #ZS7102 3.00% 202814 | 4,749 | 5,010 | |
Freddie Mac Pool #ZK7590 3.00% 202914 | 6,903 | 7,305 | |
Freddie Mac Pool #ZK7593 3.00% 202914 | 3,145 | 3,328 | |
Freddie Mac Pool #J38004 3.00% 203214 | 1,039 | 1,106 | |
Freddie Mac Pool #J38387 3.00% 203314 | 47 | 50 | |
Freddie Mac Pool #G04805 4.50% 203514 | 3,986 | 4,446 | |
Freddie Mac Pool #K93766 3.00% 203614 | 548 | 584 | |
Freddie Mac Pool #K93772 3.00% 203614 | 452 | 484 | |
Freddie Mac Pool #G04553 6.50% 203814 | 436 | 498 | |
Freddie Mac Pool #G08353 4.50% 203914 | 322 | 362 | |
Freddie Mac Pool #A87892 5.00% 203914 | 722 | 835 | |
Freddie Mac Pool #A87873 5.00% 203914 | 348 | 403 | |
Freddie Mac Pool #G05937 4.50% 204014 | 7,915 | 8,892 | |
Freddie Mac Pool #A97342 4.00% 204114 | 361 | 389 | |
Freddie Mac Pool #Q02676 4.50% 204114 | 777 | 868 | |
Freddie Mac Pool #Q02849 4.50% 204114 | 482 | 537 | |
Freddie Mac Pool #Q01746 4.50% 204114 | 410 | 453 | |
Freddie Mac Pool #A96488 5.00% 204114 | 42 | 49 | |
Freddie Mac Pool #G07221 4.50% 204214 | 1,211 | 1,363 | |
Freddie Mac Pool #G07189 4.50% 204214 | 728 | 817 | |
Freddie Mac Pool #Q23190 4.00% 204314 | 2,238 | 2,477 | |
Freddie Mac Pool #Q23185 4.00% 204314 | 1,567 | 1,748 | |
Freddie Mac Pool #Z40130 3.00% 204614 | 7,302 | 7,840 | |
Freddie Mac Pool #G60559 4.00% 204614 | 10,805 | 11,889 | |
Freddie Mac Pool #V82662 4.00% 204614 | 8,687 | 9,524 | |
Freddie Mac Pool #Q44400 4.00% 204614 | 6,502 | 7,114 | |
Freddie Mac Pool #Q41909 4.50% 204614 | 3,892 | 4,294 | |
Freddie Mac Pool #Q41090 4.50% 204614 | 1,072 | 1,182 | |
Freddie Mac Pool #ZT2100 3.00% 204714 | 22,963 | 24,278 | |
Freddie Mac Pool #G61733 3.00% 204714 | 9,100 | 9,675 | |
Freddie Mac Pool #G61628 3.50% 204814 | 1,120 | 1,213 | |
Freddie Mac Pool #SI2002 4.00% 204814 | 3,350 | 3,615 | |
Freddie Mac Pool #SD0045 4.50% 204814 | 29,967 | 33,225 | |
Freddie Mac Pool #Q63663 3.00% 204914 | 7,401 | 7,877 | |
Freddie Mac Pool #QA5125 3.50% 204914 | 30,723 | 33,417 | |
Freddie Mac Pool #SD7508 3.50% 204914 | 23,469 | 25,492 |
The Income Fund of America — Page 35 of 50
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 #SD7503 3.50% 204914 | $6,326 | $6,824 | |
Freddie Mac Pool #RA1744 4.00% 204914 | 51,896 | 56,500 | |
Freddie Mac Pool #ZN3568 4.50% 204914 | 27 | 29 | |
Freddie Mac Pool #SD7528 2.00% 205014 | 27,410 | 27,860 | |
Freddie Mac Pool #RA2596 2.50% 205014 | 19,627 | 20,508 | |
Freddie Mac Pool #RA1914 3.00% 205014 | 46,272 | 49,137 | |
Freddie Mac Pool #RA2020 3.00% 205014 | 10,351 | 10,953 | |
Freddie Mac Pool #QB9889 3.00% 205114 | 11,836 | 12,651 | |
Freddie Mac, Series 3257, Class PA, 5.50% 203614 | 1,490 | 1,737 | |
Freddie Mac, Series 3286, Class JN, 5.50% 203714 | 1,166 | 1,325 | |
Freddie Mac, Series 3318, Class JT, 5.50% 203714 | 689 | 795 | |
Freddie Mac, Series K036, Class A1, Multi Family, 2.777% 202314 | 3,853 | 3,956 | |
Freddie Mac, Series K733, Class A2, Multi Family, 3.75% 202512,14 | 5,913 | 6,569 | |
Freddie Mac, Series K734, Class A2, Multi Family, 3.208% 202614 | 11,055 | 12,108 | |
Freddie Mac, Series K066, Class A2, Multi Family, 3.117% 202714 | 6,340 | 7,002 | |
Freddie Mac, Series K067, Class A2, Multi Family, 3.194% 202714 | 7,695 | 8,543 | |
Freddie Mac, Series K076, Class A2, Multi Family, 3.90% 202814 | 4,164 | 4,831 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 205612,14 | 10,654 | 11,313 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 205614 | 10,636 | 11,290 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 205612,14 | 9,815 | 10,403 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class MA, 3.00% 205614 | 1,335 | 1,417 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HA, 3.25% 205612,14 | 9,942 | 10,629 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 205712,14 | 2,478 | 2,637 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 205714 | 2,018 | 2,175 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class M45T, 4.50% 205714 | 4,829 | 5,388 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.50% 205814 | 12,749 | 13,705 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-4, Class MA, 3.00% 205914 | 7,294 | 7,743 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 202814 | 3,589 | 3,775 | |
Government National Mortgage Assn. Pool #MA5192 4.00% 204814 | 9,639 | 10,366 | |
Government National Mortgage Assn. Pool #BD3903 4.00% 204814 | 9,433 | 10,324 | |
Government National Mortgage Assn. Pool #BE3194 4.00% 204814 | 2,331 | 2,526 | |
Government National Mortgage Assn. 2.00% 205114,15 | 64,175 | 65,380 | |
Government National Mortgage Assn. 2.50% 205114,15 | 31,045 | 32,207 | |
Government National Mortgage Assn. Pool #783687 4.50% 204114 | 475 | 524 | |
Government National Mortgage Assn. Pool #MA5876 4.00% 204914 | 14,014 | 15,039 | |
Government National Mortgage Assn. Pool #MA5986 4.00% 204914 | 2,266 | 2,431 | |
Government National Mortgage Assn. Pool #MA6092 4.50% 204914 | 15,064 | 16,307 | |
Government National Mortgage Assn. Pool #MA5764 4.50% 204914 | 6,202 | 6,728 | |
Uniform Mortgage-Backed Security 1.50% 203614,15 | 124,518 | 125,865 | |
Uniform Mortgage-Backed Security 1.50% 203614,15 | —8 | —8 | |
Uniform Mortgage-Backed Security 2.00% 203614,15 | 504,365 | 521,013 | |
Uniform Mortgage-Backed Security 2.00% 203614,15 | 333,735 | 344,307 | |
Uniform Mortgage-Backed Security 2.50% 203614,15 | 41,763 | 43,646 | |
Uniform Mortgage-Backed Security 2.50% 203614,15 | 40,110 | 41,908 | |
Uniform Mortgage-Backed Security 2.00% 205114,15 | 148,452 | 149,338 | |
Uniform Mortgage-Backed Security 2.00% 205114,15 | 22,173 | 22,348 | |
Uniform Mortgage-Backed Security 2.00% 205114,15 | 1,505 | 1,520 | |
Uniform Mortgage-Backed Security 2.50% 205114,15 | 801,222 | 827,477 | |
Uniform Mortgage-Backed Security 2.50% 205114,15 | 20,769 | 21,497 | |
Uniform Mortgage-Backed Security 2.50% 205114,15 | 2,490 | 2,584 | |
Uniform Mortgage-Backed Security 3.00% 205114,15 | 15,946 | 16,678 | |
Uniform Mortgage-Backed Security 3.00% 205114,15 | 12,121 | 12,688 | |
Uniform Mortgage-Backed Security 3.50% 205114,15 | 225,088 | 239,300 | |
Uniform Mortgage-Backed Security 4.00% 205114,15 | 41,487 | 44,613 |
The Income Fund of America — Page 36 of 50
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Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Uniform Mortgage-Backed Security 4.00% 205114,15 | $35,301 | $37,929 | |
Uniform Mortgage-Backed Security 4.50% 205114,15 | 1,124 | 1,225 | |
4,740,222 | |||
Commercial mortgage-backed securities 0.12% | |||
Bank Commercial Mortgage Trust, Series 2019-BN17, Class A4, 3.714% 205214 | 240 | 268 | |
Bank Commercial Mortgage Trust, Series 2019-BN16, Class A4, 4.005% 205214 | 1,810 | 2,054 | |
Bank Commercial Mortgage Trust, Series 2019-BN19, Class A3, 3.183% 206114 | 2,403 | 2,596 | |
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A4, 3.428% 206114 | 310 | 339 | |
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A5, 3.688% 206114 | 480 | 535 | |
Bank Commercial Mortgage Trust, Series 2018-BN12, Class A4, 4.255% 206112,14 | 5,772 | 6,618 | |
Bank Commercial Mortgage Trust, Series 2020-BN26, Class A4, 2.403% 206314 | 3,772 | 3,849 | |
Benchmark Mortgage Trust, Series 2018-B8, Class A5, 4.232% 205214 | 5,996 | 6,904 | |
Benchmark Mortgage Trust, Series 2020-B17, Class A5, 2.289% 205314 | 3,146 | 3,186 | |
Benchmark Mortgage Trust, Series 2018-B7, Class A4, 4.51% 205312,14 | 1,844 | 2,158 | |
Citigroup Commercial Mortgage Trust, Series 2016-C1, Class AS, 3.514% 204914 | 500 | 536 | |
Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 204914 | 1,440 | 1,584 | |
Commercial Mortgage Trust, Series 2012-CR3, Class B, 3.922% 20457,14 | 925 | 924 | |
Commercial Mortgage Trust, Series 2013-LC13, Class B, 5.009% 20467,12,14 | 668 | 715 | |
Commercial Mortgage Trust, Series 2014-LC15, Class AM, 4.198% 204714 | 800 | 867 | |
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class C, 4.714% 204812,14 | 437 | 471 | |
CSAIL Commercial Mortgage Trust, Series 2015-C1, Class B, 4.044% 205012,14 | 650 | 685 | |
Deutsche Bank Commercial Mortgage Trust, Series 2016-C1, Class AM, 3.539% 204914 | 400 | 431 | |
GS Mortgage Securities Trust, Series 2011-GC5, Class B, 5.406% 20447,12,14 | 1,134 | 1,133 | |
GS Mortgage Securities Trust, Series 2017-GS7, Class A4, 3.43% 205014 | 940 | 1,030 | |
GS Mortgage Securities Trust, Series 2019-GC38, Class A4, 3.968% 205214 | 240 | 272 | |
GS Mortgage Securities Trust, Series 2020-GC47, Class A5, 2.377% 205314 | 11,815 | 12,037 | |
JPMBB Commercial Mortgage Securities Trust, Series 2014-C18, Class A5, 4.079% 204714 | 7,735 | 8,381 | |
JPMDB Commercial Mortgage Securities Trust, Series 2017-C5, Class A5, 3.694% 205014 | 1,510 | 1,675 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2018-BCON, Class A, 3.735% 20317,14 | 1,850 | 1,918 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2021-410T, Class A, 2.287% 20427,14 | 4,858 | 4,967 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2016-JP4, Class A4, 3.648% 204912,14 | 4,810 | 5,334 | |
L.A. Arena Funding, LLC, Series 1, Class A, 7.656% 20267,14 | 759 | 758 | |
Manhattan West Mortgage Trust, Series 2020-1MW, Class A, 2.13% 20397,14 | 15,628 | 15,890 | |
MHC Commercial Mortgage Trust, CMO, Series 2021-MHC, Class A, (1-month USD-LIBOR + 0.801%) 0.951% 20267,12,14 | 6,365 | 6,372 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C17, Class A5, 3.741% 204714 | 4,811 | 5,211 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class A-4, 3.306% 204814 | 960 | 1,032 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2016-C32, Class A-4, 3.72% 204914 | 580 | 646 | |
Morgan Stanley Capital I Trust, Series 2015-UBS8, Class AS, 4.114% 204814 | 1,550 | 1,702 | |
Morgan Stanley Capital I Trust, Series 2016-UBS9, Class C, 4.761% 204912,14 | 446 | 472 | |
MRA Issuance Trust, Series 2020-10, Class A, (1-month USD-LIBOR + 1.75%) 2.25% 20227,12,14 | 21,747 | 21,759 | |
Wells Fargo Commercial Mortgage Trust, Series 2015-SG1, Class A-4, 3.789% 204814 | 5,755 | 6,250 | |
Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class C, 4.230% 204812,14 | 470 | 497 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-BNK1, Class B, 2.967% 204914 | 750 | 759 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-C34, Class AS, 3.484% 204914 | 285 | 308 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-C37, Class A5, 3.794% 204914 | 6,015 | 6,713 | |
Wells Fargo Commercial Mortgage Trust, Series 2019-C54, Class A4, 3.146% 205214 | 2,405 | 2,587 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-NXS5, Class AS, 3.988% 205914 | 500 | 551 | |
Wells Fargo Commercial Mortgage Trust, Series 2017-RC1, Class A4, 3.631% 206014 | 480 | 530 | |
143,504 |
The Income Fund of America — Page 37 of 50
unaudited
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Collateralized mortgage-backed obligations (privately originated) 0.10% | Principal amount (000) | Value (000) | |
Arroyo Mortgage Trust, Series 2018-1, Class A1, 3.763% 20487,12,14 | $6,266 | $6,286 | |
Arroyo Mortgage Trust, Series 2020-1, Class A1A, 1.662% 20557,14 | 994 | 1,005 | |
Bellemeade Re Ltd., Series 2019-3A, Class M1B, (1-month USD-LIBOR + 1.60%) 1.706% 20297,12,14 | 10,160 | 10,181 | |
BRAVO Residential Funding Trust, Series 2020-RPL2, Class A1, 2.00% 20597,12,14 | 3,130 | 3,189 | |
BRAVO Residential Funding Trust, Series 2020-RPL1, Class A1, 2.50% 20597,12,14 | 2,503 | 2,580 | |
Cascade Funding Mortgage Trust, Series 2019-HB1, Class M1, 2.572% 20297,12,14 | 4,293 | 4,312 | |
Cascade Funding Mortgage Trust, Series 2019-HB1, Class M2, 2.863% 20297,12,14 | 1,045 | 1,049 | |
Cascade Funding Mortgage Trust, Series 2019-HB1, Class M3, 3.257% 20297,12,14 | 535 | 528 | |
Cascade Funding Mortgage Trust, Series 2020-HB4, Class A, 0.946% 20307,12,14 | 1,550 | 1,552 | |
Cascade Funding Mortgage Trust, Series 2018-RM2, Class A, 4.00% 20687,12,14 | 1,998 | 2,085 | |
Citigroup Mortgage Loan Trust Inc., Series 2020-EXP1, Class A1A, 1.804% 20607,12,14 | 2,495 | 2,527 | |
Countrywide Alternative Loan Trust, Series 2005-54CB, Class 2A5, 5.50% 203514 | 2,015 | 1,549 | |
Countrywide Alternative Loan Trust, Series 2007-HY4, Class 3A1, 2.874% 204712,14 | 1,356 | 1,211 | |
Credit Suisse Mortgage Trust, Series 2020-NET, Class A, 2.257% 20377,14 | 10,960 | 11,220 | |
Credit Suisse Mortgage Trust, Series 2017-RPL3, Class A1, 2.00% 20607,12,14 | 8,921 | 9,080 | |
CS First Boston Mortgage Securities Corp., Series 2004-5, Class IVA1, 6.00% 203414 | 389 | 407 | |
Finance of America Structured Securities Trust, Series 2019-JR2, Class A1, 2.00% 20697,14 | 10,117 | 10,961 | |
Finance of America Structured Securities Trust, Series 2019-JR1, Class A, 2.00% 20697,14 | 9,980 | 10,867 | |
IndyMac INDX Mortgage Loan Trust, Series 2006-AR5, Class 2A1, 3.222% 203612,14 | 2,073 | 2,102 | |
JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class A5, 3.409% 205014 | 560 | 615 | |
JPMorgan Mortgage Trust, Series 2020-INV1, Class A3, 3.50% 20507,12,14 | 2,328 | 2,406 | |
JPMorgan Mortgage Trust, Series 2019-INV3, Class A13, 3.50% 20507,12,14 | 670 | 693 | |
JPMorgan Mortgage Trust, Series 2019-INV3, Class A3, 3.50% 20507,12,14 | 640 | 661 | |
Legacy Mortgage Asset Trust, Series 2019-GS5, Class A1, 3.20% 20597,12,14 | 3,381 | 3,415 | |
Legacy Mortgage Asset Trust, Series 2019-GS2, Class A1, 3.75% 20597,12,14 | 1,745 | 1,748 | |
Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.75% 20617,12,14 | 1,462 | 1,474 | |
Mello Warehouse Securitization Trust, Series 2019-2, Class A, (1-month USD-LIBOR + 0.75%) 0.856% 20527,12,14 | 3,501 | 3,508 | |
Onslow Bay Financial LLC, Series 2020-INV1, Class A5, 3.50% 20497,12,14 | 1,435 | 1,471 | |
Sequoia Mortgage Trust, Series 2018-CH1, Class A1, 4.00% 20487,12,14 | 2,251 | 2,299 | |
Structured Adjustable Rate Mortgage Loan Trust, Series 2006-4, Class 6A, 3.261% 203612,14 | 1,475 | 1,244 | |
TIF Funding II LLC, Series 2020-1A, Class A, 2.09% 20457,14 | 8,351 | 8,444 | |
TIF Funding II LLC, Series 2021-1A, Class A, 1.65% 20467,14 | 9,967 | 9,806 | |
TIF Funding II LLC, Series 2021-1A, Class B, 2.54% 20467,14 | 235 | 232 | |
120,707 | |||
Total mortgage-backed obligations | 5,004,433 | ||
U.S. Treasury bonds & notes 1.50% U.S. Treasury 1.26% | |||
U.S. Treasury 2.625% 2021 | 100,000 | 100,527 | |
U.S. Treasury 2.75% 2021 | 20,000 | 20,201 | |
U.S. Treasury 0.125% 2022 | 50,000 | 50,023 | |
U.S. Treasury 2.125% 2022 | 28,000 | 28,923 | |
U.S. Treasury 1.625% 2023 | 21,000 | 21,608 | |
U.S. Treasury 2.375% 2023 | 10,000 | 10,389 | |
U.S. Treasury 2.75% 2023 | 66,300 | 70,081 | |
U.S. Treasury 2.75% 2023 | 10,000 | 10,513 | |
U.S. Treasury 6.25% 2023 | 14,000 | 15,934 | |
U.S. Treasury 0.25% 2024 | 35,000 | 34,944 | |
U.S. Treasury 1.750% 2024 | 20,000 | 20,862 | |
U.S. Treasury 2.125% 2024 | 10,000 | 10,524 | |
U.S. Treasury 0.25% 2025 | 51,844 | 50,857 |
The Income Fund of America — Page 38 of 50
unaudited
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes (continued) U.S. Treasury (continued) | Principal amount (000) | Value (000) | |
U.S. Treasury 0.25% 2025 | $50,000 | $49,118 | |
U.S. Treasury 0.375% 2025 | 67,900 | 67,295 | |
U.S. Treasury 0.50% 2026 | 205,821 | 202,763 | |
U.S. Treasury 0.75% 2026 | 337,064 | 335,471 | |
U.S. Treasury 1.625% 2026 | 30,000 | 31,160 | |
U.S. Treasury 1.625% 2026 | 20,000 | 20,687 | |
U.S. Treasury 0.50% 2027 | 10,000 | 9,585 | |
U.S. Treasury 1.50% 2030 | 31,651 | 31,555 | |
U.S. Treasury 1.125% 2031 | 61,762 | 58,968 | |
U.S. Treasury 1.375% 204016 | 169,316 | 147,517 | |
U.S. Treasury 1.875% 2041 | 18,564 | 17,664 | |
U.S. Treasury 2.875% 2046 | 27,970 | 31,215 | |
U.S. Treasury 2.875% 2049 | 25,000 | 28,071 | |
U.S. Treasury 1.625% 205016 | 78,859 | 67,448 | |
U.S. Treasury 2.00% 2050 | 20,000 | 18,752 | |
1,562,655 | |||
U.S. Treasury inflation-protected securities 0.24% | |||
U.S. Treasury Inflation-Protected Security 0.625% 202417 | 67,621 | 73,589 | |
U.S. Treasury Inflation-Protected Security 0.125% 202517 | 38,284 | 42,094 | |
U.S. Treasury Inflation-Protected Security 0.25% 202917 | 4,369 | 4,869 | |
U.S. Treasury Inflation-Protected Security 0.125% 203117 | 38,614 | 42,172 | |
U.S. Treasury Inflation-Protected Security 1.00% 204917 | 29,731 | 37,971 | |
U.S. Treasury Inflation-Protected Security 0.25% 205017 | 21,786 | 23,239 | |
U.S. Treasury Inflation-Protected Security 0.125% 205117 | 73,935 | 76,269 | |
300,203 | |||
Total U.S. Treasury bonds & notes | 1,862,858 | ||
Asset-backed obligations 0.66% | |||
Aesop Funding LLC, Series 2017-2A, Class A, 2.97% 20247,14 | 2,880 | 3,001 | |
Aesop Funding LLC, Series 2018-1A, Class A, 3.70% 20247,14 | 1,671 | 1,783 | |
Aesop Funding LLC, Series 2018-2A, Class A, 4.00% 20257,14 | 9,400 | 10,200 | |
Aesop Funding LLC, Series 2020-2, Class A, 2.02% 20277,14 | 5,663 | 5,816 | |
Aesop Funding LLC, Series 2020-2A, Class B, 2.96% 20277,14 | 1,453 | 1,527 | |
Aesop Funding LLC, Series 2020-2A, Class C, 4.25% 20277,14 | 4,605 | 5,002 | |
Allegro CLO Ltd., Series 2017-1A, Class AR, (3-month USD-LIBOR + 0.95%) 1.134% 20307,12,14 | 6,543 | 6,543 | |
American Credit Acceptance Receivables Trust, Series 2020-3, Class B, 1.15% 20247,14 | 600 | 604 | |
American Credit Acceptance Receivables Trust, Series 2020-3, Class C, 1.85% 20267,14 | 5,529 | 5,639 | |
American Credit Acceptance Receivables Trust, Series 2021-1, Class C, 0.83% 20277,14 | 2,183 | 2,183 | |
American Credit Acceptance Receivables Trust, Series 2021-1, Class D, 1.14% 20277,14 | 1,201 | 1,200 | |
ARES CLO Ltd., Series 2017-42A, Class AR, (3-month USD-LIBOR + 0.92%) 1.114% 20287,12,14 | 14,015 | 14,015 | |
Ballyrock Ltd., Series 2019-2A, Class A1AR, (3-month USD-LIBOR + 1.00%) 1.182% 20307,12,14 | 14,610 | 14,610 | |
Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 20337,14 | 1,584 | 1,588 | |
CarMaxAuto Owner Trust, Series 2019-2, Class C, 3.16% 202514 | 450 | 471 | |
CarMaxAuto Owner Trust, Series 2021-1, Class C, 0.94% 202614 | 313 | 310 | |
CarMaxAuto Owner Trust, Series 2021-1, Class D, 1.28% 202714 | 307 | 305 | |
Cent CLO LP, Series 2014-21A, Class AR, (3-month USD-LIBOR + 0.97%) 1.151% 20307,12,14 | 20,704 | 20,704 | |
CF Hippolyta LLC, Series 2020-1, Class A1, 1.69% 20607,14 | 25,421 | 25,803 | |
CF Hippolyta LLC, Series 2020-1, Class A2, 1.99% 20607,14 | 6,302 | 6,328 | |
CF Hippolyta LLC, Series 2020-1, Class B1, 2.28% 20607,14 | 8,563 | 8,744 | |
CF Hippolyta LLC, Series 2020-1, Class B2, 2.60% 20607,14 | 935 | 944 | |
CF Hippolyta LLC, Series 2021-1, Class A1, 1.53% 20617,14 | 16,001 | 16,028 | |
CF Hippolyta LLC, Series 2021-1, Class B1, 1.98% 20617,14 | 5,815 | 5,847 |
The Income Fund of America — Page 39 of 50
unaudited
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
CLI Funding V LLC, Series 2020-2A, Class A, 2.03% 20457,14 | $4,337 | $4,345 | |
CLI Funding V LLC, Series 2020-3A, Class A, 2.07% 20457,14 | 9,310 | 9,424 | |
CLI Funding V LLC, Series 2021-1A, Class A, 1.64% 20467,14 | 20,361 | 20,114 | |
CLI Funding LLC, Series 2021-1A, Class B, 2.38% 20467,14 | 791 | 787 | |
Cloud Pass-Through Trust, Series 2019-1A, Class CLOU, 3.554% 20227,12,14 | 819 | 826 | |
CPS Auto Receivables Trust, Series 2019-B, Class C, 3.35% 20247,14 | 1,040 | 1,052 | |
CPS Auto Receivables Trust, Series 2019-C, Class C, 2.84% 20257,14 | 1,040 | 1,057 | |
CPS Auto Receivables Trust, Series 2019-C, Class D, 3.17% 20257,14 | 1,575 | 1,626 | |
CPS Auto Receivables Trust, Series 2019-B, Class D, 3.69% 20257,14 | 3,805 | 3,902 | |
CPS Auto Receivables Trust, Series 2021-A, Class C, 0.83% 20267,14 | 1,036 | 1,036 | |
CPS Auto Receivables Trust, Series 2021-A, Class D, 1.16% 20267,14 | 883 | 879 | |
Credit Acceptance Auto Loan Trust, Series 2020-1A, Class A, 2.01% 20297,14 | 2,223 | 2,267 | |
CWHEQ Revolving Home Equity Loan Trust, Series 2006-I, Class 2A, FSA insured, (1-month USD-LIBOR + 0.14%) 0.255% 203712,14 | 476 | 460 | |
CWHEQ Revolving Home Equity Loan Trust, Series 2007-B, Class A, FSA insured, (1-month USD-LIBOR + 0.15%) 0.265% 203712,14 | 850 | 825 | |
Drive Auto Receivables Trust, Series 2019-2, Class B, 3.17% 202314 | 892 | 893 | |
Drive Auto Receivables Trust, Series 2021-1, Class B, 0.65% 202514 | 3,786 | 3,794 | |
Drive Auto Receivables Trust, Series 2019-3, Class C, 2.90% 202514 | 15,145 | 15,489 | |
Drive Auto Receivables Trust, Series 2019-2, Class C, 3.42% 202514 | 6,350 | 6,472 | |
Drive Auto Receivables Trust, Series 2019-3, Class D, 3.18% 202614 | 12,390 | 12,940 | |
Drive Auto Receivables Trust, Series 2021-1, Class C, 1.02% 202714 | 8,053 | 8,075 | |
Drive Auto Receivables Trust, Series 2021-1, Class D, 1.45% 202914 | 6,079 | 6,101 | |
Drivetime Auto Owner Trust, Series 2019-3, Class C, 2.74% 20257,14 | 1,100 | 1,117 | |
Drivetime Auto Owner Trust, Series 2019-3, Class D, 2.96% 20257,14 | 2,395 | 2,478 | |
Drivetime Auto Owner Trust, Series 2019-2A, Class C, 3.18% 20257,14 | 3,205 | 3,253 | |
Drivetime Auto Owner Trust, Series 2019-2A, Class D, 3.48% 20257,14 | 5,950 | 6,164 | |
Drivetime Auto Owner Trust, Series 2021-1A, Class C, 0.84% 20267,14 | 1,232 | 1,231 | |
Drivetime Auto Owner Trust, Series 2021-1A, Class D, 1.16% 20267,14 | 671 | 671 | |
Drivetime Auto Owner Trust, Series 2020-3A, Class C, 1.47% 20267,14 | 1,961 | 1,988 | |
Drivetime Auto Owner Trust, Series 2021-2A, Class B, 0.81% 20277,14 | 1,769 | 1,773 | |
Drivetime Auto Owner Trust, Series 2021-2A, Class C, 1.10% 20277,14 | 1,847 | 1,850 | |
Drivetime Auto Owner Trust, Series 2021-2A, Class D, 1.50% 20277,14 | 1,247 | 1,250 | |
Dryden Senior Loan Fund, Series 2017-47A, Class A1R, CLO, (3-month USD-LIBOR + 0.98%) 1.17% 20287,12,14 | 21,874 | 21,874 | |
EDvestinU Private Education Loan LLC, Series 2021-A, Class A, 1.80% 20457,14 | 2,369 | 2,361 | |
Exeter Automobile Receivables Trust, Series 2019-2A, Class B, 3.06% 20237,14 | 355 | 356 | |
Exeter Automobile Receivables Trust, Series 2019-3A, Class C, 2.79% 20247,14 | 7,000 | 7,117 | |
Exeter Automobile Receivables Trust, Series 2019-2A, Class C, 3.30% 20247,14 | 3,570 | 3,620 | |
Exeter Automobile Receivables Trust, Series 2020-3A, Class C, 1.32% 202514 | 1,872 | 1,894 | |
Exeter Automobile Receivables Trust, Series 2020-1A, Class D, 2.73% 20257,14 | 1,450 | 1,495 | |
Exeter Automobile Receivables Trust, Series 2019-3A, Class D, 3.11% 20257,14 | 7,000 | 7,249 | |
Exeter Automobile Receivables Trust, Series 2019-2A, Class D, 3.71% 20257,14 | 8,000 | 8,315 | |
Exeter Automobile Receivables Trust, Series 2020-3A, Class D, 1.73% 202614 | 1,786 | 1,816 | |
FirstKey Homes Trust, Series 2020-SFR2, Class A, 1.266% 20377,14 | 16,952 | 16,908 | |
Ford Credit Auto Owner Trust, Series 2017-1, Class A, 2.62% 20287,14 | 3,250 | 3,312 | |
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 20307,14 | 10,105 | 10,776 | |
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.52% 20307,14 | 5,634 | 6,074 | |
Ford Credit Auto Owner Trust, Series 2020-1, Class A, 2.04% 20317,14 | 34,011 | 35,351 | |
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 20317,14 | 3,650 | 3,958 | |
GCI Funding I LLC, Series 2020-1, Class A, 2.82% 20457,14 | 4,458 | 4,548 | |
Global SC Finance SRL, Series 2021-1A, Class A, 1.86% 20417,14 | 32,531 | 32,202 | |
Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 20407,14 | 11,431 | 11,551 | |
Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 20407,14 | 20,855 | 21,095 | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class B, 1.56% 202414 | 300 | 306 |
The Income Fund of America — Page 40 of 50
unaudited
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class C, 2.56% 202414 | $696 | $721 | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class D, 3.21% 202414 | 984 | 1,028 | |
GM Financial Consumer Automobile Receivables Trust, Series 2018-1, Class C, 2.77% 202314 | 200 | 202 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2016-4A, Class B, 3.29% 20227,14 | 6,000 | 6,073 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2016-4A, Class C, 5.06% 20227,14 | 111 | 112 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2017-2A, Class A, 3.29% 20237,14 | 434 | 438 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2019-1A, Class C, 4.99% 20237,14 | 460 | 463 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2017-2A, Class C, 5.31% 20237,14 | 807 | 812 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2019-1A, Class D, 6.36% 20237,14 | 2,780 | 2,798 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2018-1A, Class A, 3.29% 20247,14 | 696 | 697 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2018-3A, Class A, 4.03% 20247,14 | 252 | 254 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2018-1A, Class C, 4.39% 20247,14 | 358 | 360 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2018-1A, Class D, 5.86% 20247,14 | 4,650 | 4,681 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2019-3A, Class A, 2.67% 20257,14 | 618 | 619 | |
Hertz Vehicle Financing LLC, Rental Car Asset-Backed Notes, Series 2019-2A, Class D, 6.12% 20257,14 | 1,381 | 1,391 | |
Longfellow Place CLO Ltd., Series 2013-1A, Class AR3, (3-month USD-LIBOR + 1.00%) 1.184% 20297,12,14 | 16,166 | 16,166 | |
Madison Park Funding Ltd., CLO, Series 2015-17A, Class AR2, (3-month USD-LIBOR + 1.00%) 1.186% 20307,12,14 | 22,135 | 22,136 | |
Marathon CLO Ltd., Series 2017-9A, Class A1AR, (3-month USD-LIBOR + 1.15%) 1.334% 20297,12,14 | 14,400 | 14,400 | |
Mercury Financial, Series 2021-1A, Class A, 1.54% 20267,14 | 16,100 | 16,154 | |
Newark BSL CLO 2 Ltd., Series 2017-1A, Class A1R, (3-month USD-LIBOR + 0.97%) 1.146% 20307,12,14 | 7,048 | 7,048 | |
Palmer Square Loan Funding, CLO, Series 2021-1, Class A1, (3-month USD-LIBOR + 0.90%) 1.055% 20297,12,14 | 1,537 | 1,537 | |
Prestige Auto Receivables Trust, Series 2019-1A, Class C, 2.70% 20247,14 | 3,060 | 3,119 | |
Prestige Auto Receivables Trust, Series 2019-1A, Class D, 3.01% 20257,14 | 1,895 | 1,947 | |
Race Point CLO Ltd., Series 2015-9A, Class A1A2, (3-month USD-LIBOR + 0.94%) 1.181% 20307,12,14 | 18,501 | 18,501 | |
Santander Drive Auto Receivables Trust, Series 2020-1, Class B, 3.03% 202414 | 4,138 | 4,240 | |
Santander Drive Auto Receivables Trust, Series 2019-2, Class D, 3.22% 202514 | 4,350 | 4,513 | |
Santander Drive Auto Receivables Trust, Series 2020-1, Class C, 4.11% 202514 | 21,000 | 22,179 | |
Santander Drive Auto Receivables Trust, Series 2020-3, Class C, 1.12% 202614 | 7,296 | 7,358 | |
Santander Drive Auto Receivables Trust, Series 2020-3, Class D, 1.64% 202614 | 4,422 | 4,494 | |
Social Professional Loan Program LLC, Series 2015-D, Class A2, 2.72% 20367,14 | 985 | 999 | |
Sound Point CLO Ltd., Series 2017-2A, Class AR, (3-month USD-LIBOR + 0.98%) 1.156% 20307,12,14 | 12,910 | 12,910 | |
Sound Point CLO Ltd., Series 2017-3A, Class A1R, (3-month USD-LIBOR + 0.98%) 1.182% 20307,12,14 | 22,070 | 22,083 | |
Sound Point CLO Ltd., Series 2015-1RA, Class AR, (3-month USD-LIBOR + 1.08%) 1.264% 20307,12,14 | 11,925 | 11,925 | |
TAL Advantage V LLC, Series 2020-1A, Class A, 2.05% 20457,14 | 5,771 | 5,828 | |
Textainer Marine Containers Ltd., Series 2020-2A, Class A, 2.10% 20457,14 | 6,487 | 6,564 | |
Textainer Marine Containers Ltd., Series 2020-1A, Class A, 2.73% 20457,14 | 8,562 | 8,736 | |
Textainer Marine Containers Ltd., Series 2021-1A, Class A, 1.68% 20467,14 | 21,306 | 20,971 | |
Textainer Marine Containers Ltd., Series 2021-2A, Class A, 2.23% 20467,14 | 26,300 | 26,529 | |
Textainer Marine Containers Ltd., Series 2021-1A, Class B, 2.52% 20467,14 | 680 | 671 |
The Income Fund of America — Page 41 of 50
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Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Triton Container Finance LLC, Series 2020-1A, Class A, 2.11% 20457,14 | $20,405 | $20,615 | |
Triton Container Finance LLC, Series 2021-1A, Class A, 1.86% 20467,14 | 19,606 | 19,357 | |
Triton Container Finance LLC, Series 2021-1A, Class B, 2.58% 20467,14 | 607 | 602 | |
Westlake Automobile Receivables Trust, Series 2020-3A, Class C, 1.24% 20257,14 | 3,374 | 3,407 | |
Westlake Automobile Receivables Trust, Series 2020-3A, Class D, 1.65% 20267,14 | 6,549 | 6,657 | |
817,807 | |||
Municipals 0.30% Illinois 0.28% | |||
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-C, 6.319% 2029 | 28,045 | 33,667 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2015-C, 5.25% 2039 | 120 | 133 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2011-A, 5.50% 2039 | 40 | 41 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2009-E, 6.138% 2039 | 53,770 | 63,097 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-D, 6.519% 2040 | 11,385 | 13,884 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2021-A, 5.00% 2041 | 435 | 532 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Qualified School Construction Bonds), Series 2009-G, 1.75% 2025 | 2,500 | 2,398 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-C, 5.00% 2026 | 2,440 | 2,891 | |
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 | 1,630 | 1,931 | |
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 | 1,012 | |
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 | 822 | |
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 | 691 | |
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 | 540 | 662 | |
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 | 377 | |
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 | 540 | 674 | |
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 | 540 | 658 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-C, 5.00% 2030 | 220 | 263 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-D, 5.00% 2031 | 2,170 | 2,589 | |
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 | 1,085 | 1,341 | |
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 | 1,085 | 1,336 | |
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 | 540 | 663 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, Assured Guaranty Municipal insured, 5.00% 2034 | 620 | 745 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H, 5.00% 2036 | 100 | 118 |
The Income Fund of America — Page 42 of 50
unaudited
Bonds, notes & other debt instruments (continued) Municipals (continued) Illinois (continued) | Principal amount (000) | Value (000) | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-G, 5.00% 2044 | $140 | $162 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H, 5.00% 2046 | 390 | 449 | |
City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax G.O. Bonds (Dedicated Tax Rev.), Series 2011-A, 5.00% 2041 | 70 | 71 | |
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 | 198 | |
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 | 1,085 | 842 | |
G.O. Bonds, Series 2019-A, 4.00% 2023 | 12,000 | 12,494 | |
G.O. Bonds, Series 2013-B, 4.91% 2027 | 3,230 | 3,535 | |
G.O. Bonds, Pension Funding, Series 2003, 4.95% 2023 | 10,090 | 10,471 | |
G.O. Bonds, Pension Funding, Series 2003, 5.10% 2033 | 156,480 | 178,614 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.95% 2023 | 595 | 639 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-1, 6.63% 2035 | 4,560 | 5,523 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-3, 6.725% 2035 | 4,500 | 5,511 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-5, 7.35% 2035 | 1,020 | 1,286 | |
350,320 | |||
Ohio 0.02% | |||
County of Cleveland-Cuyahoga, Port Auth., Federal Lease Rev. Bonds (VA Cleveland Health Care Center Project), Series 2021, 4.425% 2031 | 28,165 | 28,437 | |
Total municipals | 378,757 | ||
Bonds & notes of governments & government agencies outside the U.S. 0.10% | |||
Abu Dhabi (Emirate of) 2.50% 20257 | 7,800 | 8,260 | |
Abu Dhabi (Emirate of) 3.125% 20307 | 7,800 | 8,438 | |
Abu Dhabi (Emirate of) 1.70% 20317 | 1,700 | 1,623 | |
Abu Dhabi (Emirate of) 3.875% 20507 | 5,350 | 5,942 | |
Asian Development Bank 1.00% 2026 | 8,188 | 8,206 | |
Morocco (Kingdom of) 3.00% 20327 | 6,000 | 5,718 | |
Morocco (Kingdom of) 4.00% 20507 | 6,000 | 5,426 | |
Paraguay (Republic of) 5.00% 2026 | 8,750 | 9,866 | |
Paraguay (Republic of) 4.95% 2031 | 8,208 | 9,263 | |
Paraguay (Republic of) 2.739% 20337 | 13,000 | 12,448 | |
Peru (Republic of) 2.783% 2031 | 5,050 | 5,066 | |
Peru (Republic of) 1.862% 2032 | 8,550 | 7,799 | |
Peru (Republic of) 2.78% 2060 | 12,800 | 10,956 | |
PT Indonesia Asahan Aluminium Tbk 4.75% 20257 | 3,060 | 3,330 | |
PT Indonesia Asahan Aluminium Tbk 5.45% 20307 | 790 | 911 | |
PT Indonesia Asahan Aluminium Tbk 5.80% 20507 | 2,310 | 2,734 | |
United Mexican States 2.659% 2031 | 9,162 | 8,834 | |
United Mexican States 3.771% 2061 | 5,180 | 4,634 | |
119,454 | |||
Federal agency bonds & notes 0.03% | |||
Fannie Mae 6.25% 2029 | 32,000 | 43,509 | |
Total bonds, notes & other debt instruments (cost: $24,967,940,000) | 25,824,451 |
The Income Fund of America — Page 43 of 50
unaudited
Short-term securities 4.43% Money market investments 4.33% | Shares | Value (000) | |
Capital Group Central Cash Fund 0.06%5,18 | 53,868,643 | $5,387,403 | |
Money market investments purchased with cash collateral from securities on loan 0.10% | |||
Goldman Sachs Financial Square Government Fund, Institutional Shares 0.03%18,19 | 37,800,000 | 37,800 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 0.03%18,19 | 31,500,000 | 31,500 | |
Capital Group Central Cash Fund 0.06%5,18,19 | 153,911 | 15,393 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 0.03%18,19 | 13,977,036 | 13,977 | |
State Street Institutional U.S. Government Money Market Fund, Premier Class 0%18,19 | 12,600,000 | 12,600 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 0.03%18,19 | 10,100,000 | 10,100 | |
Fidelity Investments Money Market Government Portfolio, Class I 0.01%18,19 | 3,700,000 | 3,700 | |
RBC Funds Trust – U.S. Government Money Market Fund, RBC Institutional Class 1 0.03%18,19 | 1,200,000 | 1,200 | |
126,270 | |||
Total short-term securities (cost: $5,512,655,000) | 5,513,673 | ||
Total investment securities 101.86% (cost: $93,926,264,000) | 126,638,341 | ||
Other assets less liabilities (1.86)% | (2,317,609) | ||
Net assets 100.00% | $124,320,732 |
Futures contracts
Contracts | Type | Number of contracts | Expiration | Notional amount20 (000) | Value at 4/30/202121 (000) | Unrealized (depreciation) appreciation at 4/30/2021 (000) |
2 Year U.S. Treasury Note Futures | Long | 25,665 | July 2021 | $5,133,000 | $5,665,749 | $(1,276) |
5 Year U.S. Treasury Note Futures | Long | 21,250 | July 2021 | 2,125,000 | 2,633,672 | 8,133 |
10 Year U.S. Treasury Note Futures | Short | 9,170 | June 2021 | (917,000) | (1,210,727) | 77 |
10 Year Ultra U.S. Treasury Note Futures | Short | 13,116 | June 2021 | (1,311,600) | (1,908,993) | 24,844 |
20 Year U.S. Treasury Bond Futures | Short | 801 | June 2021 | (80,100) | (125,957) | 817 |
30 Year Ultra U.S. Treasury Bond Futures | Long | 1,611 | June 2021 | 161,100 | 299,495 | (55) |
$32,540 |
Investments in affiliates5
Value of affiliates at 8/1/2020 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 4/30/2021 (000) | Dividend or interest income (000) | |
Common stocks 3.77% | |||||||
Health care 0.05% | |||||||
Rotech Healthcare Inc.2,3,4,6 | $28,245 | $— | $— | $— | $30,146 | $58,391 | $— |
Industrials 0.05% | |||||||
Associated Materials Group Inc.2,3,4 | — | 49,614 | — | — | 17,737 | 67,351 | — |
The Income Fund of America — Page 44 of 50
unaudited
Investments in affiliates5 (continued)
Value of affiliates at 8/1/2020 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 4/30/2021 (000) | Dividend or interest income (000) | |
Real estate 0.93% | |||||||
Gaming and Leisure Properties, Inc. REIT | $490,940 | $123,931 | $— | $— | $152,776 | $767,647 | $27,030 |
MGM Growth Properties LLC REIT, Class A | 105,941 | 234,620 | 9,603 | (708) | 62,595 | 392,845 | 10,061 |
Iron Mountain Inc. REIT22 | 526,025 | 40,721 | 157,789 | (47,664) | 188,150 | — | 27,756 |
1,160,492 | |||||||
Utilities 1.90% | |||||||
DTE Energy Company | 989,854 | 295,608 | 42,279 | 1,632 | 229,742 | 1,474,557 | 31,333 |
Brookfield Infrastructure Partners LP | 678,586 | 12,534 | — | — | 196,403 | 887,523 | 24,326 |
AES Corp.22 | 567,458 | — | 378,916 | 165,414 | 269,379 | — | 13,928 |
2,362,080 | |||||||
Consumer discretionary 0.14% | |||||||
Domino’s Pizza Group PLC | 127,913 | — | — | — | 34,150 | 162,063 | 6,067 |
Sonans Gruppen AS4 | — | 11,813 | — | — | 1,882 | 13,695 | — |
175,758 | |||||||
Energy 0.03% | |||||||
Rattler Midstream LP | — | 23,869 | — | — | 8,589 | 32,458 | 1,398 |
Ascent Resources - Utica, LLC, Class A2,3,4,6,22 | 22,043 | — | — | — | (6,613) | — | — |
32,458 | |||||||
Communication services 0.67% | |||||||
Koninklijke KPN NV | 554,793 | — | 8,432 | (37) | 184,250 | 730,574 | 22,087 |
HKBN Ltd. | 122,079 | — | — | — | (25,282) | 96,797 | 3,239 |
827,371 | |||||||
Total common stocks | 4,683,901 | ||||||
Convertible stocks 0.03% | |||||||
Utilities 0.03% | |||||||
DTE Energy Company, convertible preferred units, 6.25% 2022 | 40,698 | — | — | — | 5,100 | 45,798 | 2,115 |
Bonds, notes & other debt instruments 0.00% | |||||||
Energy 0.00% | |||||||
Ascent Resources - Utica LLC 10.00% 20227,22 | 2,244 | — | 2,772 | (50) | 578 | — | 51 |
Ascent Resources - Utica LLC 7.00% 20267,22 | 3,678 | 20,070 | — | — | 2,358 | — | 360 |
— | |||||||
Utilities 0.00% | |||||||
AES Corp. 3.30% 20257,22 | 19,301 | — | — | — | (147) | — | 443 |
AES Corp. 5.50% 202522 | 20,935 | — | 20,882 | 1,298 | (1,351) | — | 431 |
AES Corp. 6.00% 202622 | 12,712 | — | 12,638 | 332 | (406) | — | 192 |
AES Corp. 5.125% 202722 | 12,433 | — | 12,623 | 614 | (424) | — | 150 |
AES Corp. 3.95% 20307,22 | 9,293 | — | 9,321 | 705 | (677) | — | 12 |
— | |||||||
Real estate 0.00% | |||||||
Iron Mountain Inc. 4.875% 20277,22 | 11,109 | — | — | — | 8 | — | 397 |
Iron Mountain Inc. 5.00% 20287,22 | 15,643 | — | — | — | 20 | — | 565 |
Iron Mountain Inc. 5.25% 20287,22 | 18,404 | — | — | — | (36) | — | 697 |
Iron Mountain Inc. 4.875% 20297,22 | 16,978 | — | 17,009 | 994 | (963) | — | 445 |
Iron Mountain Inc. 5.25% 20307,22 | 20,876 | 8,892 | 5,392 | (62) | (190) | — | 929 |
Iron Mountain Inc. 4.50% 20317,22 | — | 24,761 | 5,321 | 121 | 82 | — | 533 |
— |
The Income Fund of America — Page 45 of 50
unaudited
Investments in affiliates5 (continued)
Value of affiliates at 8/1/2020 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 4/30/2021 (000) | Dividend or interest income (000) | |
Health care 0.00% | |||||||
Rotech Healthcare Inc., Term Loan, (3-month USD-LIBOR + 11.00%) 13.00% 2023 (100% PIK)2,3,9,11,12,22 | $25,677 | $1,918 | $10,593 | $(32) | $(231) | $— | $2,143 |
— | |||||||
Total bonds, notes & other debt instruments | — | ||||||
Short-term securities 4.35% | |||||||
Money market investments 4.34% | |||||||
Capital Group Central Cash Fund 0.06%18 | 9,800,686 | 12,004,235 | 16,417,518 | 405 | (405) | 5,387,403 | 6,417 |
Money market investments purchased with cash collateral from securities on loan 0.01% | |||||||
Capital Group Central Cash Fund 0.06%18,19 | — | 15,39323 | 15,393 | —24 | |||
Total short-term securities | 5,402,796 | ||||||
Total 8.15% | $122,962 | $1,347,220 | $10,132,495 | $183,105 |
1 | All or a portion of this security was on loan. The total value of all such securities was $146,293,000, which represented .12% of the net assets of the fund. |
2 | Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $2,967,269,000, which represented 2.39% of the net assets of the fund. This amount includes $2,720,535,000 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. |
3 | Value determined using significant unobservable inputs. |
4 | Security did not produce income during the last 12 months. |
5 | Affiliate of the fund or part of the same group of investment companies as the fund, in each case as defined under the Investment Company Act of 1940. |
6 | 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. Further details on these holdings appear below. |
7 | 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 $9,149,107,000, which represented 7.36% of the net assets of the fund. |
8 | Amount less than one thousand. |
9 | Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Most recent payment was 100% cash unless otherwise noted. |
10 | Step bond; coupon rate may change at a later date. |
11 | Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $246,516,000, which represented .20% of the net assets of the fund. |
12 | 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. |
13 | Scheduled interest and/or principal payment was not received. |
14 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
15 | Purchased on a TBA basis. |
16 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $28,018,000, which represented .02% of the net assets of the fund. |
17 | Index-linked bond whose principal amount moves with a government price index. |
18 | Rate represents the seven-day yield at 4/30/2021. |
19 | Security purchased with cash collateral from securities on loan. |
20 | Notional amount is calculated based on the number of contracts and notional contract size. |
21 | Value is calculated based on the notional amount and current market price. |
22 | Unaffiliated issuer at 4/30/2021. |
23 | Represents net activity. |
24 | Information not shown. Dividend income is included with securities lending income in the fund’s statement of operations. |
Private placement securities | Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets |
Rotech Healthcare Inc. | 11/26/2014 | $19,660 | $58,391 | .05% |
Advanz Pharma Corp. Ltd. | 8/31/2018 | 12,176 | 16,161 | .01 |
Ascent Resources - Utica, LLC, Class A | 4/25/2016-11/15/2016 | 56,848 | 15,430 | .01 |
Total private placement securities | $88,684 | $89,982 | .07% |
The Income Fund of America — Page 46 of 50
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 $6,608,192,000. Forward currency contracts are valued based on the spot and forward exchange rates obtained from one or more pricing vendors. As of April 30, 2021, the fund did not have any open forward currency contracts. The average month-end notional amount of open forward currency contracts while held was $102,662,000. 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. As of April 30, 2021, the fund did not have any credit default swaps. The average month-end notional amount of credit default swaps while held was $363,000,000.
The Income Fund of America — Page 47 of 50
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, including an annual control self-evaluation program facilitated by the investment adviser’s compliance 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
The Income Fund of America — Page 48 of 50
unaudited
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 following tables present the fund’s valuation levels as of April 30, 2021 (dollars in thousands):
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Common stocks: | ||||
Financials | $16,597,325 | $— | $4,139 | $16,601,464 |
Consumer staples | 12,310,787 | 40,793 | — | 12,351,580 |
Information technology | 7,522,190 | 2,679,742 | — | 10,201,932 |
Health care | 9,587,006 | — | 58,391 | 9,645,397 |
Industrials | 8,718,502 | — | 67,351 | 8,785,853 |
Real estate | 8,199,316 | — | — | 8,199,316 |
Utilities | 6,871,396 | — | — | 6,871,396 |
Materials | 6,004,410 | — | — | 6,004,410 |
Consumer discretionary | 5,187,875 | 15,768 | 397 | 5,204,040 |
Energy | 4,683,890 | 17,851 | 19,103 | 4,720,844 |
Communication services | 4,488,876 | — | — | 4,488,876 |
Preferred securities | 766,249 | 1,449 | 2,293 | 769,991 |
Rights & warrants | 5,904 | 373 | — | 6,277 |
Convertible stocks | 1,448,325 | — | — | 1,448,325 |
Convertible bonds & notes | — | — | 516 | 516 |
Bonds, notes & other debt instruments: | ||||
Corporate bonds, notes & loans | — | 17,555,950 | 41,683 | 17,597,633 |
Mortgage-backed obligations | — | 5,004,433 | — | 5,004,433 |
U.S. Treasury bonds & notes | — | 1,862,858 | — | 1,862,858 |
Asset-backed obligations | — | 817,807 | — | 817,807 |
Municipals | — | 378,757 | — | 378,757 |
Bonds & notes of governments & government agencies outside the U.S. | — | 119,454 | — | 119,454 |
Federal agency bonds & notes | — | 43,509 | — | 43,509 |
Short-term securities | 5,513,673 | — | — | 5,513,673 |
Total | $97,905,724 | $28,538,744 | $193,873 | $126,638,341 |
Other investments* | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Unrealized appreciation on futures contracts | $33,871 | $— | $— | $33,871 |
Liabilities: | ||||
Unrealized depreciation on futures contracts | (1,331) | — | — | (1,331) |
Total | $32,540 | $— | $— | $32,540 |
* | Futures contracts are not included in the investment portfolio. |
The Income Fund of America — Page 49 of 50
unaudited
Key to abbreviations and symbol | |
ADR = American Depositary Receipts | |
Auth. = Authority | |
CAD = Canadian dollars | |
CLO = Collateralized Loan Obligations | |
G.O. = General Obligation | |
ICE = Intercontinental Exchange, Inc. | |
LIBOR = London Interbank Offered Rate | |
Ref. = Refunding | |
Rev. = Revenue | |
SOFR = Secured Overnight Financing Rate | |
TBA = To-be-announced | |
USD/$ = 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.
© 2021 Capital Group. All rights reserved.
MFGEFP3-006-0621O-S78083 | The Income Fund of America — Page 50 of 50 |