NPORT-EX 3 edgar.htm EDGAR HTML
 
 
The Income Fund of America®
Investment portfolio
April 30, 2023
unaudited
 
Common stocks 67.54%
Financials 10.75%
 
Shares
Value
(000)
JPMorgan Chase & Co.
13,967,228
$1,930,830
CME Group, Inc., Class A
8,857,620
1,645,480
Zurich Insurance Group AG
1,699,829
822,177
Goldman Sachs Group, Inc.
2,298,200
789,294
Morgan Stanley
7,285,347
655,463
Brookfield Asset Management, Ltd., Class A
14,649,945
491,506
Brookfield Asset Management, Ltd., Class A (CAD denominated)
12,531
420
Ares Management Corp., Class A
4,990,000
437,074
Ping An Insurance (Group) Company of China, Ltd., Class H
59,663,500
434,796
Postal Savings Bank of China Co., Ltd., Class H1
654,739,000
427,063
DBS Group Holdings, Ltd.
16,226,600
402,446
BlackRock, Inc.
582,090
390,699
Apollo Asset Management, Inc.
5,915,679
374,995
Synchrony Financial
11,302,951
333,550
Blackstone, Inc.
3,087,600
275,815
Power Corporation of Canada, subordinate voting shares
9,625,253
257,815
B3 SA - Brasil, Bolsa, Balcao
102,456,000
239,923
The Carlyle Group, Inc.
7,588,723
230,166
Toronto-Dominion Bank (CAD denominated)
3,229,553
195,630
Progressive Corp.
1,315,000
179,366
T&D Holdings, Inc. (Japan)
12,861,900
157,450
ABN AMRO Bank NV1
9,765,620
156,426
ING Groep NV
11,608,726
144,157
Franklin Resources, Inc.
5,303,503
142,558
Fifth Third Bancorp
5,242,000
137,340
American International Group, Inc.
2,353,000
124,803
Manulife Financial Corp.
6,082,200
120,086
DNB Bank ASA1
6,513,748
114,564
China Merchants Bank Co., Ltd., Class A
14,310,500
69,740
China Merchants Bank Co., Ltd., Class H
9,315,000
44,810
3i Group PLC
4,110,000
91,543
Banco Bilbao Vizcaya Argentaria, SA
12,232,000
89,984
Canadian Imperial Bank of Commerce (CAD denominated)
2,131,173
89,346
Bank Leumi Le Israel BM
11,232,000
89,022
National Bank of Canada
975,000
72,705
Qualitas Controladora, SAB de CV1
10,711,900
70,809
Principal Financial Group, Inc.
900,000
67,221
Tokio Marine Holdings, Inc.
3,327,000
66,937
Tryg A/S
2,616,000
61,818
Citigroup, Inc.
1,300,000
61,191
Grupo Financiero Banorte, SAB de CV, Series O
6,705,000
57,982
Münchener Rückversicherungs-Gesellschaft AG
146,257
54,918
Islandsbanki hf.
58,029,644
53,003
AXA SA
1,505,000
49,133
Wells Fargo & Company
875,000
34,781
Fidelity National Information Services, Inc.
500,000
29,360
The Income Fund of America — Page 1 of 54
unaudited
Common stocks (continued)
Financials (continued)
 
Shares
Value
(000)
TISCO Financial Group PCL, foreign registered shares
10,000,000
$26,445
Great-West Lifeco, Inc.
897,600
25,520
BB Seguridade Participações SA
3,300,000
22,700
ICICI Securities, Ltd.
2,337,232
12,674
Jonah Energy Parent, LLC2
275,936
11,796
Brookfield Corp., Class A
207,530
6,736
Sberbank of Russia PJSC2
25,683,200
—
3
 
12,872,066
Consumer staples 10.06%
 
 
 
Philip Morris International, Inc.
36,660,025
3,664,903
Altria Group, Inc.
26,991,305
1,282,357
General Mills, Inc.
11,847,544
1,050,048
Procter & Gamble Company
6,024,489
942,110
Target Corp.
5,426,057
855,961
PepsiCo, Inc.
3,290,704
628,162
Nestlé SA
4,237,617
543,309
Coca-Cola Company
8,333,900
534,620
British American Tobacco PLC
14,032,000
518,386
Kraft Heinz Company
12,974,240
509,498
Bunge, Ltd.
4,263,175
399,033
Walgreens Boots Alliance, Inc.
7,057,000
248,759
Kimberly-Clark Corp.
1,585,000
229,651
Conagra Brands, Inc.
4,527,100
171,849
Archer Daniels Midland Company
2,078,000
162,250
Imperial Brands PLC
4,508,000
111,497
Mondelez International, Inc.
784,000
60,148
Danone SA
875,000
57,900
Scandinavian Tobacco Group A/S
2,878,531
56,251
Viva Wine Group AB1,4
4,500,000
17,960
 
12,044,652
Health care 9.62%
 
 
 
Gilead Sciences, Inc.
33,735,334
2,773,382
Pfizer, Inc.
52,679,748
2,048,715
AstraZeneca PLC
10,792,800
1,588,137
Merck & Co., Inc.
9,030,232
1,042,721
AbbVie, Inc.
6,106,742
922,851
Sanofi
5,841,142
643,811
CVS Health Corp.
7,314,349
536,215
Johnson & Johnson
2,995,000
490,282
Novartis AG
4,080,000
417,591
Medtronic PLC
3,807,273
346,271
Takeda Pharmaceutical Company, Ltd.
10,277,908
341,716
Danaher Corp.
658,474
155,999
Rotech Healthcare, Inc.2,4,5,6
543,172
58,119
Amgen, Inc.
215,310
51,618
GSK PLC
2,843,500
51,511
Bristol-Myers Squibb Company
709,449
47,370
 
11,516,309
Industrials 6.42%
 
 
 
Lockheed Martin Corp.
4,233,700
1,966,342
BAE Systems PLC
128,646,094
1,640,188
Raytheon Technologies Corp.
6,991,551
698,456
The Income Fund of America — Page 2 of 54
unaudited
Common stocks (continued)
Industrials (continued)
 
Shares
Value
(000)
Siemens AG
2,807,228
$460,556
United Parcel Service, Inc., Class B
2,479,641
445,864
Kone OYJ, Class B
6,859,722
391,174
Norfolk Southern Corp.
1,573,453
319,458
Cummins, Inc.
1,000,000
235,040
General Dynamics Corp.
1,000,000
218,340
Caterpillar, Inc.
997,810
218,321
Watsco, Inc.
608,300
210,703
ManpowerGroup, Inc.4
2,722,832
206,146
SGS SA
2,222,525
200,711
Emerson Electric Co.
2,025,800
168,668
Illinois Tool Works, Inc.
399,000
96,534
Deutsche Post AG
1,363,553
65,443
Singapore Technologies Engineering, Ltd.
23,766,500
64,655
Ventia Services Group Pty, Ltd.
20,664,124
35,819
Inwido AB
2,500,000
26,253
Regal Rexnord Corp.
134,000
17,441
 
7,686,112
Energy 6.13%
 
 
 
Exxon Mobil Corp.
10,600,037
1,254,408
Chevron Corp.
5,584,586
941,450
TotalEnergies SE
14,224,460
906,791
ConocoPhillips
8,656,430
890,660
Canadian Natural Resources, Ltd. (CAD denominated)
12,372,099
753,914
TC Energy Corp. (CAD denominated)1
16,559,844
688,257
Tourmaline Oil Corp.
11,841,220
531,996
EOG Resources, Inc.
4,133,735
493,857
Coterra Energy, Inc.
9,670,000
247,552
Enbridge, Inc.1
5,000,000
198,800
Baker Hughes Co., Class A
5,310,000
155,264
Chesapeake Energy Corp.
797,242
65,916
HF Sinclair Corp.
1,250,000
55,138
Diamondback Energy, Inc.
350,000
49,770
Aker BP ASA
1,285,469
30,736
Woodside Energy Group, Ltd.
1,344,966
30,506
Ascent Resources - Utica, LLC, Class A2,5,6
110,214,618
19,839
Diamond Offshore Drilling, Inc.5
1,220,027
14,018
Altera Infrastructure, LP2,5
73,434
6,173
California Resources Corp.
104,121
4,217
Mesquite Energy, Inc.2,5
25,913
156
McDermott International, Ltd.5
120,017
46
Bighorn Permian Resources, LLC2
17,183
—
3
 
7,339,464
Real estate 5.19%
 
 
 
VICI Properties, Inc. REIT
35,078,039
1,190,549
Crown Castle, Inc. REIT
7,281,527
896,283
Iron Mountain, Inc. REIT
12,761,822
704,963
Public Storage REIT
2,313,933
682,217
Extra Space Storage, Inc. REIT
4,433,150
674,016
Gaming and Leisure Properties, Inc. REIT
10,793,948
561,285
Regency Centers Corp. REIT
4,238,000
260,340
Lamar Advertising Co. REIT, Class A
2,003,322
211,711
Federal Realty Investment Trust REIT
2,100,000
207,669
The Income Fund of America — Page 3 of 54
unaudited
Common stocks (continued)
Real estate (continued)
 
Shares
Value
(000)
Prologis, Inc. REIT
1,657,500
$207,602
Boston Properties, Inc. REIT
3,200,000
170,752
Digital Realty Trust, Inc. REIT
1,481,395
146,880
American Tower Corp. REIT
646,000
132,036
CubeSmart REIT
1,518,100
69,058
Kimco Realty Corp. REIT
3,048,000
58,491
CTP NV
2,750,000
36,142
Selvaag Bolig ASA1
1,912,218
6,535
Longfor Group Holdings, Ltd.
49,658
136
 
6,216,665
Information technology 4.67%
 
 
 
Broadcom, Inc.
3,371,450
2,112,213
Microsoft Corp.
5,263,730
1,617,334
Taiwan Semiconductor Manufacturing Company, Ltd.
61,145,300
1,002,752
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR)
1,543,000
130,075
Texas Instruments, Inc.
2,300,000
384,560
Vanguard International Semiconductor Corp.
33,734,500
95,548
QUALCOMM, Inc.
747,000
87,250
Tokyo Electron, Ltd.
738,000
84,281
MediaTek, Inc.
2,086,000
45,334
GlobalWafers Co., Ltd.
2,423,000
38,198
 
5,597,545
Utilities 4.20%
 
 
 
Brookfield Infrastructure Partners, LP4
29,787,186
1,035,741
DTE Energy Company
6,297,703
707,925
National Grid PLC
46,932,077
673,203
AES Corp.
19,208,031
454,462
The Southern Co.
5,472,114
402,474
Veolia Environnement
11,758,000
372,798
FirstEnergy Corp.
8,534,000
339,653
Public Service Enterprise Group, Inc.
4,633,819
292,857
Duke Energy Corp.
2,713,965
268,357
Edison International
1,793,100
131,972
Dominion Energy, Inc.
1,906,473
108,936
CMS Energy Corp.
1,715,700
106,820
E.ON SE
6,035,110
79,875
Guangdong Investment, Ltd.
52,919,000
50,546
 
5,025,619
Communication services 3.74%
 
 
 
Comcast Corp., Class A
35,336,834
1,461,885
Publicis Groupe SA
7,288,267
597,362
BCE, Inc.
11,134,188
535,158
Nippon Telegraph and Telephone Corp.
17,285,600
527,166
Koninklijke KPN NV
137,211,139
500,206
Verizon Communications, Inc.
9,763,000
379,097
Interpublic Group of Companies, Inc.
7,883,500
281,677
Deutsche Telekom AG
4,014,400
96,792
AT&T, Inc.
2,850,000
50,359
Singapore Telecommunications, Ltd.
25,850,000
49,567
The Income Fund of America — Page 4 of 54
unaudited
Common stocks (continued)
Communication services (continued)
 
Shares
Value
(000)
Cumulus Media, Inc., Class A5
217,532
$765
Clear Channel Outdoor Holdings, Inc.5
152,827
194
 
4,480,228
Consumer discretionary 3.68%
 
 
 
Home Depot, Inc.
4,565,976
1,372,258
Restaurant Brands International, Inc.1
12,379,129
868,148
Darden Restaurants, Inc.
5,077,960
771,495
Industria de Diseño Textil, SA
18,525,731
637,207
Starbucks Corp.
4,240,321
484,626
Domino’s Pizza Group PLC4
30,671,123
113,630
Hasbro, Inc.
978,395
57,941
Kindred Group PLC (SDR)
4,500,000
55,323
Puuilo OYJ4
5,509,640
42,657
NMG Parent, LLC2,5
67,256
8,743
MYT Holding Co., Class B2,5
2,070,418
2,070
 
4,414,098
Materials 3.08%
 
 
 
Barrick Gold Corp.
32,181,200
612,730
Dow, Inc.
10,115,079
550,260
Rio Tinto PLC
7,580,400
481,342
Vale SA, ordinary nominative shares
21,311,900
309,351
Glencore PLC
43,373,729
255,931
Packaging Corporation of America
1,670,448
225,945
International Flavors & Fragrances, Inc.
2,276,879
220,766
UPM-Kymmene OYJ
6,580,570
209,831
Agnico Eagle Mines, Ltd. (CAD denominated)
3,535,000
200,539
Akzo Nobel NV
2,155,420
179,323
Air Products and Chemicals, Inc.
456,106
134,259
Fortescue Metals Group, Ltd.
5,782,309
79,936
Newmont Corp.
1,250,000
59,250
Norsk Hydro ASA
7,500,000
55,176
Shin-Etsu Chemical Co., Ltd.
1,750,000
50,088
BASF SE
604,000
31,186
Polymetal International PLC5
6,162,000
21,696
Lundin Mining Corp.
1,389,700
10,616
 
3,688,225
Total common stocks (cost: $57,283,583,000)
80,880,983
Preferred securities 0.22%
Financials 0.22%
 
 
 
Itaú Unibanco Holding SA, preferred nominative shares
19,090,207
99,206
Citigroup, Inc. 11.643% preferred shares7
2,245,277
65,495
Citigroup, Inc., Series K, 6.875% noncumulative preferred depositary shares
2,145,767
54,438
Goldman Sachs Group, Inc., Series J, 5.50% preferred depositary shares
1,200,000
30,120
Wells Fargo & Company, Series Q, Class A, 5.85% noncumulative preferred depositary shares
555,913
13,497
 
262,756
Industrials 0.00%
 
 
 
ACR III LSC Holdings, LLC, Series B, preferred shares2,5,8
3,259
1,967
The Income Fund of America — Page 5 of 54
unaudited
Preferred securities (continued)
Consumer discretionary 0.00%
 
Shares
Value
(000)
MYT Holdings, LLC, Series A, 10.00% preferred shares2,5
1,427,896
$1,142
Total preferred securities (cost: $256,846,000)
265,865
Rights & warrants 0.00%
Consumer discretionary 0.00%
 
 
 
NMG Parent, LLC, warrants, expire 9/24/20275
75,844
1,310
Energy 0.00%
 
 
 
Constellation Oil Services Holding SA, Class D, warrants, expire 6/10/20712,5
28
—
3
Total rights & warrants (cost: $460,000)
1,310
Convertible stocks 0.31%
Health care 0.15%
 
 
 
Becton, Dickinson and Company, Series B, convertible preferred shares, 6.00% 6/1/2023
2,467,280
124,746
Boston Scientific Corp., Series A, convertible preferred shares, 5.50% 6/1/2023
449,460
56,510
 
181,256
Utilities 0.08%
 
 
 
AES Corp., convertible preferred units, 6.875% 2/15/2024
1,043,000
93,880
Financials 0.06%
 
 
 
KKR & Co., Inc., Series C, convertible preferred shares, 6.00% 9/15/2023
1,061,031
67,768
Consumer discretionary 0.02%
 
 
 
Aptiv PLC, Series A, convertible preferred shares, 5.50% 6/15/2023
224,000
25,355
Total convertible stocks (cost: $349,456,000)
368,259
Convertible bonds & notes 0.00%
Energy 0.00%
 
Principal amount
(000)
 
Mesquite Energy, Inc., convertible notes, 13.14% Cash 7/15/20232,8,9
USD
578
578
Total convertible bonds & notes (cost: $577,000)
578
Bonds, notes & other debt instruments 24.26%
Corporate bonds, notes & loans 15.86%
Financials 3.34%
 
 
 
ACE INA Holdings, Inc. 3.35% 5/3/2026
765
749
Advisor Group Holdings, LLC 6.25% 3/1/20288
59,717
55,569
AerCap Holdings NV 4.50% 9/15/2023
10,000
9,940
AerCap Ireland Capital DAC 1.15% 10/29/2023
9,000
8,791
AerCap Ireland Capital DAC 1.65% 10/29/2024
25,275
23,642
AerCap Ireland Capital DAC 6.50% 7/15/2025
4,315
4,360
AerCap Ireland Capital DAC 1.75% 1/30/2026
3,978
3,572
AerCap Ireland Capital DAC 2.45% 10/29/2026
23,694
21,261
AerCap Ireland Capital DAC 3.00% 10/29/2028
27,689
24,125
AerCap Ireland Capital DAC 3.30% 1/30/2032
12,254
10,045
The Income Fund of America — Page 6 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Financials (continued)
 
Principal amount
(000)
Value
(000)
AerCap Ireland Capital DAC 3.40% 10/29/2033
USD
4,678
$3,764
AerCap Ireland Capital DAC 3.85% 10/29/2041
6,777
5,100
AG Merger Sub II, Inc. 10.75% 8/1/20278
47,972
47,653
AG TTMT Escrow Issuer, LLC 8.625% 9/30/20278
24,566
25,279
AIB Group PLC 7.583% 10/14/2026 (USD-SOFR + 3.456% on 10/14/2025)8,10
17,500
18,071
Alliant Holdings Intermediate, LLC 4.25% 10/15/20278
20,465
18,757
Alliant Holdings Intermediate, LLC 6.75% 10/15/20278
50,851
47,536
Alliant Holdings Intermediate, LLC 6.75% 4/15/20288
14,500
14,497
Alliant Holdings Intermediate, LLC 5.875% 11/1/20298
33,940
29,309
Ally Financial, Inc. 8.00% 11/1/2031
8,097
8,577
American International Group, Inc. 2.50% 6/30/2025
16,668
15,838
American International Group, Inc. 5.125% 3/27/2033
4,665
4,690
American International Group, Inc. 4.375% 6/30/2050
3,450
2,963
AmWINS Group, Inc. 4.875% 6/30/20298
40,370
36,669
Aretec Escrow Issuer, Inc. 7.50% 4/1/20298
51,178
42,911
Ascensus, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 11.375% 8/2/20297,11
6,070
5,490
AssuredPartners, Inc. 7.00% 8/15/20258
435
431
AssuredPartners, Inc. 5.625% 1/15/20298
22,866
19,817
AXA Equitable Holdings, Inc. 5.00% 4/20/2048
1,500
1,301
Banco Santander, SA 2.746% 5/28/2025
2,600
2,451
Banco Santander, SA 5.147% 8/18/2025
3,400
3,378
Bangkok Bank PCL 3.733% 9/25/2034
(5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029)10
8,245
7,082
Bank of America Corp. 1.843% 2/4/2025 (USD-SOFR + 0.67% on 2/4/2024)10
20,000
19,408
Bank of America Corp. 2.456% 10/22/2025 (3-month USD-LIBOR + 0.87% on 10/22/2024)10
10,750
10,277
Bank of America Corp. 1.319% 6/19/2026 (USD-SOFR + 1.15% on 6/19/2025)10
9,700
8,877
Bank of America Corp. 5.08% 1/20/2027 (USD-SOFR + 1.29% on 1/20/2026)10
19,896
19,872
Bank of America Corp. 4.376% 4/27/2028 (USD-SOFR + 1.58% on 4/27/2027)10
26,000
25,257
Bank of America Corp. 4.948% 7/22/2028 (USD-SOFR + 2.04% on 7/22/2027)10
21,627
21,566
Bank of America Corp. 6.204% 11/10/2028 (USD-SOFR + 1.99% on 11/10/2027)10
20,842
21,748
Bank of America Corp. 3.419% 12/20/2028 (3-month USD-LIBOR + 1.04% on 12/20/2027)10
5,400
5,017
Bank of America Corp. 2.087% 6/14/2029 (USD-SOFR + 1.06% on 6/14/2028)10
26,229
22,679
Bank of America Corp. 1.898% 7/23/2031 (USD-SOFR + 1.53% on 7/23/2030)10
4,842
3,891
Bank of America Corp. 2.299% 7/21/2032 (USD-SOFR + 1.22% on 7/21/2031)10
5,990
4,836
Bank of America Corp. 2.972% 2/4/2033 (USD-SOFR + 1.33% on 2/4/2032)10
7,135
6,028
Bank of America Corp. 4.571% 4/27/2033 (USD-SOFR + 1.83% on 4/27/2032)10
26,000
24,820
Bank of America Corp. 5.015% 7/22/2033 (USD-SOFR + 2.16% on 7/22/2032)10
26,850
26,493
Bank of New York Mellon Corp. 4.534% 2/1/2029 (USD-SOFR + 1.169% on 2/1/2028)10
9,000
8,952
Bank of New York Mellon Corp. 4.705% 2/1/2034 (USD-SOFR + 1.512% on 2/1/2033)10
11,369
11,304
Bank of New York Mellon Corp. 5.288% 4/25/2034 (USD-SOFR + 1.91% on 4/25/2033)10
10,449
10,527
Bank of Nova Scotia 1.625% 5/1/2023
8,000
8,000
Blackstone Private Credit Fund 7.05% 9/29/20258
20,415
20,459
Block, Inc. 3.50% 6/1/2031
14,380
11,731
BNP Paribas SA 2.219% 6/9/2026 (USD-SOFR + 2.074% on 6/9/2025)8,10
7,800
7,277
BNP Paribas SA 1.323% 1/13/2027 (USD-SOFR + 1.004% on 1/13/2026)8,10
4,865
4,389
BNP Paribas SA 1.675% 6/30/2027 (USD-SOFR + 0.912% on 6/30/2026)8,10
1,159
1,036
BNP Paribas SA 2.591% 1/20/2028 (USD-SOFR + 1.228% on 1/20/2027)8,10
17,599
15,994
BNP Paribas SA 2.159% 9/15/2029 (USD-SOFR + 1.218% on 9/15/2028)8,10
6,375
5,423
BNP Paribas SA 2.871% 4/19/2032 (USD-SOFR + 1.387% on 4/19/2031)8,10
14,098
11,772
CaixaBank, SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028)8,10
6,575
6,662
Capital One Financial Corp. 1.343% 12/6/2024 (USD-SOFR + 0.69% on 12/6/2023)10
13,075
12,655
Capital One Financial Corp. 4.985% 7/24/2026 (USD-SOFR + 2.16% on 7/24/2025)10
9,000
8,789
Castlelake Aviation Finance DAC 5.00% 4/15/20278
26,060
23,073
CIT Group, Inc. 3.929% 6/19/2024 (USD-SOFR + 3.827% on 6/19/2023)10
11,575
11,436
The Income Fund of America — Page 7 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Financials (continued)
 
Principal amount
(000)
Value
(000)
Citigroup, Inc. 2.014% 1/25/2026 (USD-SOFR + 0.694% on 1/25/2025)10
USD
6,069
$5,731
Citigroup, Inc. 4.60% 3/9/2026
1,300
1,286
Citigroup, Inc. 3.106% 4/8/2026 (USD-SOFR + 2.842% on 3/8/2026)10
7,300
7,027
Citigroup, Inc. 5.61% 9/29/2026 (USD-SOFR + 1.546% on 12/29/2025)10
17,750
17,967
Citigroup, Inc. 3.07% 2/24/2028 (USD-SOFR + 1.28% on 2/24/2027)10
5,855
5,477
Citigroup, Inc. 3.668% 7/24/2028 (3-month USD-LIBOR + 1.39% on 7/24/2027)10
700
663
Citigroup, Inc. 2.976% 11/5/2030 (USD-SOFR + 1.422% on 11/5/2029)10
2,400
2,108
Citigroup, Inc. 2.572% 6/3/2031 (USD-SOFR + 2.107% on 6/3/2030)10
14,800
12,532
Citigroup, Inc. 2.52% 11/3/2032 (USD-SOFR + 1.177% on 11/3/2031)10
4,592
3,762
Citigroup, Inc. 4.91% 5/24/2033 (USD-SOFR + 2.086% on 5/24/2032)10
5,108
4,994
Citigroup, Inc. 6.27% 11/17/2033 (USD-SOFR + 2.338% on 11/17/2032)10
28,808
31,170
CME Group, Inc. 3.75% 6/15/2028
6,875
6,747
Coinbase Global, Inc. 3.375% 10/1/20288
24,880
15,052
Coinbase Global, Inc. 3.625% 10/1/20318
45,480
25,456
Compass Diversified Holdings 5.25% 4/15/20298
74,775
67,372
Compass Diversified Holdings 5.00% 1/15/20328
26,645
21,690
Corebridge Financial, Inc. 3.50% 4/4/20258
9,248
8,892
Corebridge Financial, Inc. 3.65% 4/5/20278
22,661
21,416
Corebridge Financial, Inc. 3.85% 4/5/20298
15,393
14,046
Corebridge Financial, Inc. 3.90% 4/5/20328
7,289
6,417
Corebridge Financial, Inc. 4.35% 4/5/20428
1,622
1,342
Corebridge Financial, Inc. 4.40% 4/5/20528
3,907
3,065
Crédit Agricole SA 1.907% 6/16/2026 (USD-SOFR + 1.676% on 6/16/2025)8,10
10,675
9,887
Crédit Agricole SA 1.247% 1/26/2027 (USD-SOFR + 0.892% on 1/26/2026)8,10
4,900
4,394
Credit Suisse Group AG 3.80% 6/9/2023
23,303
23,119
Credit Suisse Group AG 4.207% 6/12/2024 (3-month USD-LIBOR + 1.24% on 6/12/2023)8,10
9,117
8,939
Credit Suisse Group AG 3.625% 9/9/2024
2,990
2,851
Credit Suisse Group AG 7.95% 1/9/2025
17,750
18,087
Credit Suisse Group AG 2.593% 9/11/2025 (USD-SOFR + 1.56% on 9/11/2024)8,10
4,687
4,371
Credit Suisse Group AG 2.193% 6/5/2026 (USD-SOFR + 2.044% on 6/5/2025)8,10
22,225
20,003
Credit Suisse Group AG 1.305% 2/2/2027 (USD-SOFR + 0.98% on 2/2/2026)8,10
20,134
17,164
Credit Suisse Group AG 7.50% 2/15/2028
9,000
9,596
Credit Suisse Group AG 6.442% 8/11/2028 (USD-SOFR + 3.70% on 8/11/2027)8,10
10,260
10,180
Credit Suisse Group AG 3.869% 1/12/2029 (3-month USD-LIBOR + 1.41% on 1/12/2028)8,10
3,610
3,192
Credit Suisse Group AG 4.194% 4/1/2031 (USD-SOFR + 3.73% on 4/1/2030)8,10
37,133
32,876
Credit Suisse Group AG 3.091% 5/14/2032 (USD-SOFR + 1.73% on 5/14/2031)8,10
21,111
16,959
Credit Suisse Group AG 6.537% 8/12/2033 (USD-SOFR + 3.92% on 8/12/2032)8,10
3,673
3,732
Credit Suisse Group AG 9.016% 11/15/2033 (USD-SOFR + 5.02% on 11/15/2032)8,10
17,972
21,372
Danske Bank AS 3.875% 9/12/20238
9,604
9,526
Danske Bank AS 3.773% 3/28/2025
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.45% on 3/28/2024)8,10
25,000
24,421
Danske Bank AS 4.298% 4/1/2028
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 4/1/2027)8,10
5,000
4,750
Deutsche Bank AG 0.898% 5/28/2024
7,500
7,082
Deutsche Bank AG 3.70% 5/30/2024
8,653
8,395
Deutsche Bank AG 2.222% 9/18/2024 (USD-SOFR + 2.159% on 9/18/2023)10
21,775
21,332
Deutsche Bank AG 3.961% 11/26/2025 (USD-SOFR + 2.581% on 11/26/2024)10
58,600
56,036
Deutsche Bank AG 4.10% 1/13/2026
33,957
31,787
Deutsche Bank AG 2.129% 11/24/2026 (USD-SOFR + 1.87% on 11/24/2025)10
10,888
9,694
Deutsche Bank AG 2.311% 11/16/2027 (USD-SOFR + 1.219% on 11/16/2026)10
25,090
21,730
Deutsche Bank AG 2.552% 1/7/2028 (USD-SOFR + 1.318% on 1/7/2027)10
61,319
53,349
Deutsche Bank AG 6.72% 1/18/2029 (USD-SOFR + 3.18% on 1/18/2028)10
19,842
20,193
Deutsche Bank AG 3.547% 9/18/2031 (USD-SOFR + 3.043% on 9/18/2030)10
4,200
3,534
Deutsche Bank AG 3.729% 1/14/2032 (USD-SOFR + 2.757% on 1/14/2031)10
8,825
6,645
The Income Fund of America — Page 8 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Financials (continued)
 
Principal amount
(000)
Value
(000)
Deutsche Bank AG 7.079% 2/10/2034 (USD-SOFR + 3.65% on 2/10/2033)10
USD
6,750
$6,321
Discover Financial Services 6.70% 11/29/2032
817
865
DNB Bank ASA 5.896% 10/9/2026 (USD-SOFR + 1.95% on 10/9/2025)8,10
17,500
17,617
Fidelity National Information Services, Inc. 1.65% 3/1/2028
1,265
1,095
Fidelity National Information Services, Inc. 2.25% 3/1/2031
3,420
2,769
Fidelity National Information Services, Inc. 3.10% 3/1/2041
2,027
1,430
Fiserv, Inc. 2.65% 6/1/2030
5,402
4,711
FS Energy and Power Fund 7.50% 8/15/20238
42,570
42,543
Goldman Sachs Group, Inc. 3.272% 9/29/2025 (3-month USD-LIBOR + 1.201% on 9/29/2024)10
1,100
1,065
Goldman Sachs Group, Inc. 1.431% 3/9/2027 (USD-SOFR + 0.795% on 3/9/2026)10
10,650
9,567
Goldman Sachs Group, Inc. 1.542% 9/10/2027 (USD-SOFR + 0.818% on 9/10/2026)10
17,000
15,074
Goldman Sachs Group, Inc. 1.948% 10/21/2027 (USD-SOFR + 0.913% on 10/21/2026)10
48,202
43,197
Goldman Sachs Group, Inc. 2.64% 2/24/2028 (USD-SOFR + 1.114% on 2/24/2027)10
26,963
24,699
Goldman Sachs Group, Inc. 3.615% 3/15/2028 (USD-SOFR + 1.846% on 3/15/2027)10
33,910
32,307
Goldman Sachs Group, Inc. 3.691% 6/5/2028 (3-month USD-LIBOR + 1.51% on 6/5/2027)10
8,000
7,617
Goldman Sachs Group, Inc. 4.482% 8/23/2028 (USD-SOFR + 1.725% on 8/23/2027)10
13,362
13,119
Goldman Sachs Group, Inc. 2.615% 4/22/2032 (USD-SOFR + 1.281% on 4/22/2031)10
6,523
5,447
Goldman Sachs Group, Inc. 3.102% 2/24/2033 (USD-SOFR + 1.41% on 2/24/2032)10
37,824
32,572
Goldman Sachs Group, Inc. 3.21% 4/22/2042 (USD-SOFR + 1.513% on 4/22/2041)10
7,500
5,646
Groupe BPCE SA 5.70% 10/22/20238
16,825
16,702
Groupe BPCE SA 5.15% 7/21/20248
18,160
17,829
Groupe BPCE SA 1.625% 1/14/20258
8,000
7,501
Groupe BPCE SA 1.00% 1/20/20268
10,000
9,014
Groupe BPCE SA 1.652% 10/6/2026 (USD-SOFR + 1.52% on 10/6/2025)8,10
6,925
6,283
Groupe BPCE SA 5.975% 1/18/2027 (USD-SOFR + 2.10% on 1/18/2026)8,10
22,500
22,694
Groupe BPCE SA 2.277% 1/20/2032 (USD-SOFR + 1.312% on 1/20/2031)8,10
7,925
6,204
Groupe BPCE SA 5.748% 7/19/2033 (USD-SOFR + 2.865% on 7/19/2032)8,10
750
745
GTCR (AP) Finance, Inc. 8.00% 5/15/20278
22,939
22,452
Hightower Holding, LLC 6.75% 4/15/20298
21,255
18,464
HSBC Holdings PLC 4.25% 3/14/2024
9,000
8,857
HSBC Holdings PLC 2.099% 6/4/2026 (USD-SOFR + 1.929% on 6/4/2025)10
14,000
13,042
HSBC Holdings PLC 4.755% 6/9/2028 (USD-SOFR + 2.11% on 6/9/2027)10
281
276
HSBC Holdings PLC 4.583% 6/19/2029 (3-month USD-LIBOR + 1.535% on 6/19/2028)10
5,750
5,526
HSBC Holdings PLC 2.804% 5/24/2032 (USD-SOFR + 1.187% on 5/24/2031)10
200
164
HSBC Holdings PLC 2.871% 11/22/2032 (USD-SOFR + 1.41% on 11/22/2031)10
1,000
819
HSBC Holdings PLC 6.254% 3/9/2034 (USD-SOFR + 2.39% on 3/9/2033)10
18,650
19,453
Huarong Finance 2017 Co., Ltd. 4.75% 4/27/2027
1,889
1,642
Huarong Finance 2017 Co., Ltd. 4.25% 11/7/2027
18,900
15,853
Huarong Finance 2019 Co., Ltd. 4.50% 5/29/2029
1,241
990
Huarong Finance 2019 Co., Ltd. 3.375% 2/24/2030
4,670
3,430
Huarong Finance II Co., Ltd. 5.50% 1/16/2025
17,000
16,169
HUB International, Ltd. 7.00% 5/1/20268
49,786
49,629
HUB International, Ltd. 5.625% 12/1/20298
16,370
14,585
Intercontinental Exchange, Inc. 2.65% 9/15/2040
12,025
8,835
Intesa Sanpaolo SpA 5.017% 6/26/20248
149,555
145,343
Intesa Sanpaolo SpA 3.25% 9/23/20248
1,730
1,668
Intesa Sanpaolo SpA 5.71% 1/15/20268
43,165
41,591
Intesa Sanpaolo SpA 3.875% 7/14/20278
9,300
8,472
Intesa Sanpaolo SpA 3.875% 1/12/20288
2,820
2,544
Intesa Sanpaolo SpA 8.248% 11/21/2033
(1-year UST Yield Curve Rate T Note Constant Maturity + 4.40% on 11/21/2032)8,10
10,300
11,074
Iron Mountain Information Management Services, Inc. 5.00% 7/15/20328
45,895
40,256
JPMorgan Chase & Co. 3.875% 9/10/2024
150
148
JPMorgan Chase & Co. 3.22% 3/1/2025 (3-month USD-LIBOR + 1.155% on 3/1/2024)10
13,405
13,143
The Income Fund of America — Page 9 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Financials (continued)
 
Principal amount
(000)
Value
(000)
JPMorgan Chase & Co. 2.301% 10/15/2025 (USD-SOFR + 1.16% on 10/15/2024)10
USD
250
$239
JPMorgan Chase & Co. 1.561% 12/10/2025 (USD-SOFR + 0.605% on 12/10/2024)10
21,994
20,659
JPMorgan Chase & Co. 5.546% 12/15/2025 (USD-SOFR + 1.07% on 12/15/2024)10
620
623
JPMorgan Chase & Co. 2.005% 3/13/2026 (USD-SOFR + 1.585% on 3/13/2025)10
23,150
21,841
JPMorgan Chase & Co. 4.08% 4/26/2026 (USD-SOFR + 1.32% on 4/26/2025)10
15,000
14,748
JPMorgan Chase & Co. 1.04% 2/4/2027 (USD-SOFR + 0.695% on 2/4/2026)10
7,100
6,375
JPMorgan Chase & Co. 1.578% 4/22/2027 (USD-SOFR + 0.885% on 4/22/2026)10
2,450
2,221
JPMorgan Chase & Co. 1.47% 9/22/2027 (USD-SOFR + 0.765% on 9/22/2026)10
925
824
JPMorgan Chase & Co. 4.323% 4/26/2028 (USD-SOFR + 1.56% on 4/26/2027)10
44,000
43,200
JPMorgan Chase & Co. 3.54% 5/1/2028 (3-month USD-LIBOR + 1.38% on 5/1/2027)10
350
333
JPMorgan Chase & Co. 2.182% 6/1/2028 (USD-SOFR + 1.89% on 6/1/2027)10
4,400
3,955
JPMorgan Chase & Co. 4.851% 7/25/2028 (USD-SOFR + 1.99% on 7/25/2027)10
15,679
15,732
JPMorgan Chase & Co. 2.069% 6/1/2029 (USD-SOFR + 1.015% on 6/1/2028)10
20,593
17,944
JPMorgan Chase & Co. 2.522% 4/22/2031 (USD-SOFR + 2.04% on 4/22/2030)10
5,000
4,280
JPMorgan Chase & Co. 1.953% 2/4/2032 (USD-SOFR + 1.065% on 2/4/2031)10
11,550
9,316
JPMorgan Chase & Co. 4.586% 4/26/2033 (USD-SOFR + 1.80% on 4/26/2032)10
598
582
JPMorgan Chase & Co. 4.912% 7/25/2033 (USD-SOFR + 2.08% on 7/25/2032)10
12,740
12,678
JPMorgan Chase & Co. 3.328% 4/22/2052 (USD-SOFR + 1.58% on 4/22/2051)10
7,500
5,611
JPMorgan Chase & Co., Series S, 6.75% junior subordinated perpetual bonds
(3-month USD-LIBOR + 3.78% on 2/1/2024)10
25,901
25,886
Kasikornbank PCL HK 3.343% 10/2/2031
(5-year UST Yield Curve Rate T Note Constant Maturity + 1.70% on 10/2/2026)10
8,320
7,476
KBC Groep NV 5.796% 1/19/2029
(1-year UST Yield Curve Rate T Note Constant Maturity + 2.10% on 1/19/2028)8,10
2,400
2,437
Liberty Mutual Group, Inc. 4.25% 6/15/20238
971
969
Liberty Mutual Group, Inc. 4.569% 2/1/20298
3,429
3,312
Lloyds Banking Group PLC 4.05% 8/16/2023
6,000
5,969
Lloyds Banking Group PLC 4.582% 12/10/2025
7,000
6,706
Lloyds Banking Group PLC 2.438% 2/5/2026
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.00% on 2/5/2025)10
5,600
5,298
Lloyds Banking Group PLC 3.75% 3/18/2028
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.80% on 3/18/2027)10
12,427
11,699
Lloyds Banking Group PLC 4.976% 8/11/2033
(1-year UST Yield Curve Rate T Note Constant Maturity + 2.30% on 8/11/2032)10
9,295
9,024
LPL Holdings, Inc. 4.625% 11/15/20278
41,845
39,578
LPL Holdings, Inc. 4.00% 3/15/20298
23,370
21,011
LPL Holdings, Inc. 4.375% 5/15/20318
22,090
19,625
Mastercard, Inc. 4.875% 3/9/2028
6,292
6,532
Mastercard, Inc. 2.00% 11/18/2031
10,603
9,016
Mastercard, Inc. 4.85% 3/9/2033
17,137
17,914
Metropolitan Life Global Funding I 5.15% 3/28/20338
5,334
5,421
MGIC Investment Corp. 5.25% 8/15/2028
5,075
4,855
Mitsubishi UFJ Financial Group, Inc. 1.538% 7/20/2027
(1-year UST Yield Curve Rate T Note Constant Maturity + 0.75% on 7/20/2026)10
17,000
15,133
Mitsubishi UFJ Financial Group, Inc. 2.341% 1/19/2028
(1-year UST Yield Curve Rate T Note Constant Maturity + 0.83% on 1/19/2027)10
5,000
4,532
Mitsubishi UFJ Financial Group, Inc. 4.08% 4/19/2028
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.30% on 4/19/2027)10
8,000
7,709
Mizuho Financial Group, Inc. 0.849% 9/8/2024 (3-month USD-LIBOR + 0.61% on 9/8/2023)10
5,200
5,112
Mizuho Financial Group, Inc. 1.554% 7/9/2027
(1-year UST Yield Curve Rate T Note Constant Maturity + 0.75% on 7/9/2026)10
13,000
11,555
Mizuho Financial Group, Inc. 1.979% 9/8/2031 (3-month USD-LIBOR + 1.27% on 9/8/2030)10
4,100
3,265
Mizuho Financial Group, Inc. 5.669% 9/13/2033
(1-year UST Yield Curve Rate T Note Constant Maturity + 2.40% on 9/13/2032)10
8,925
9,141
The Income Fund of America — Page 10 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Financials (continued)
 
Principal amount
(000)
Value
(000)
MoneyGram International, Inc. 5.375% 8/1/20268
USD
5,870
$5,848
Moody’s Corp. 4.25% 8/8/2032
2,235
2,173
Morgan Stanley 3.70% 10/23/2024
600
589
Morgan Stanley 4.679% 7/17/2026 (USD-SOFR + 1.669% on 7/17/2025)10
12,230
12,135
Morgan Stanley 5.05% 1/28/2027 (USD-SOFR + 1.295% on 1/28/2026)10
6,575
6,597
Morgan Stanley 1.593% 5/4/2027 (USD-SOFR + 0.879% on 5/4/2026)10
9,869
8,882
Morgan Stanley 1.512% 7/20/2027 (USD-SOFR + 0.858% on 7/20/2026)10
30,463
27,085
Morgan Stanley 4.21% 4/20/2028 (USD-SOFR + 1.61% on 4/20/2027)10
26,000
25,222
Morgan Stanley 6.296% 10/18/2028 (USD-SOFR + 2.44% on 10/18/2027)10
5,896
6,198
Morgan Stanley 5.123% 2/1/2029 (USD-SOFR + 1.73% on 2/1/2028)10
16,979
17,075
Morgan Stanley 5.164% 4/20/2029 (USD-SOFR + 1.59% on 4/20/2028)10
2,008
2,024
Morgan Stanley 2.699% 1/22/2031 (USD-SOFR + 1.143% on 1/22/2030)10
2,736
2,363
Morgan Stanley 1.794% 2/13/2032 (USD-SOFR + 1.034% on 2/13/2031)10
7,153
5,651
Morgan Stanley 1.928% 4/28/2032 (USD-SOFR + 1.02% on 4/28/2031)10
10,232
8,146
Morgan Stanley 2.239% 7/21/2032 (USD-SOFR + 1.178% on 7/21/2031)10
12,930
10,444
Morgan Stanley 2.511% 10/20/2032 (USD-SOFR + 1.20% on 10/20/2031)10
875
721
Morgan Stanley 2.943% 1/21/2033 (USD-SOFR + 1.29% on 1/21/2032)10
15,000
12,734
Morgan Stanley 6.342% 10/18/2033 (USD-SOFR + 2.565% on 10/18/2032)10
3,100
3,373
Morgan Stanley 5.25% 4/21/2034 (USD-SOFR + 1.87% on 4/21/2033)10
10,000
10,118
Morgan Stanley 5.297% 4/20/2037 (USD-SOFR + 2.62% on 4/20/2032)10
3,226
3,076
MSCI, Inc. 4.00% 11/15/20298
19,500
17,593
MSCI, Inc. 3.625% 9/1/20308
4,950
4,277
MSCI, Inc. 3.875% 2/15/20318
20,959
18,387
MSCI, Inc. 3.25% 8/15/20338
3,650
2,969
National Financial Partners Corp. 6.875% 8/15/20288
18,421
16,088
Navient Corp. 6.125% 3/25/2024
29,960
29,736
Navient Corp. 5.875% 10/25/2024
15,600
15,352
Navient Corp. 6.75% 6/15/2026
15,000
14,628
Navient Corp. 5.00% 3/15/2027
19,710
17,776
Navient Corp. 4.875% 3/15/2028
3,085
2,656
Navient Corp. 5.50% 3/15/2029
72,940
62,867
Navient Corp. 5.625% 8/1/2033
10,990
8,253
New York Life Global Funding 4.55% 1/28/20338
3,788
3,768
Northwestern Mutual Global Funding 1.75% 1/11/20278
10,000
9,053
OneMain Finance Corp. 3.875% 9/15/2028
5,974
4,800
Owl Rock Capital Corp. 4.00% 3/30/2025
449
424
Owl Rock Capital Corp. 3.75% 7/22/2025
12,473
11,529
Owl Rock Capital Corp. 3.40% 7/15/2026
6,475
5,806
Owl Rock Capital Corp. 2.625% 1/15/2027
20,600
17,580
Owl Rock Capital Corp. 2.875% 6/11/2028
1,765
1,449
Owl Rock Capital Corp. II 4.625% 11/26/20248
9,285
8,959
Owl Rock Capital Corp. III 3.125% 4/13/2027
14,490
12,399
Owl Rock Core Income Corp. 4.70% 2/8/2027
17,775
16,260
Oxford Finance, LLC 6.375% 2/1/20278
18,510
17,216
PayPal Holdings, Inc. 2.65% 10/1/2026
1,207
1,143
PayPal Holdings, Inc. 2.30% 6/1/2030
674
580
PNC Financial Services Group, Inc. 3.90% 4/29/2024
3,000
2,946
Prudential Financial, Inc. 4.35% 2/25/2050
6,205
5,344
Prudential Financial, Inc. 3.70% 3/13/2051
755
584
Prudential Financial, Inc., junior subordinated, 5.625% 6/15/2043 (3-month USD-LIBOR + 3.92% on 6/15/2023)10
650
650
Quicken Loans, LLC 3.625% 3/1/20298
6,645
5,625
Rabobank Nederland 4.375% 8/4/2025
9,000
8,701
Rocket Mortgage, LLC 2.875% 10/15/20268
12,990
11,581
Royal Bank of Canada 1.15% 6/10/2025
12,367
11,479
The Income Fund of America — Page 11 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Financials (continued)
 
Principal amount
(000)
Value
(000)
Ryan Specialty Group, LLC 4.375% 2/1/20308
USD
23,070
$20,705
Santander Holdings USA, Inc. 3.50% 6/7/2024
11,250
10,957
Santander Holdings USA, Inc. 2.49% 1/6/2028 (USD-SOFR + 1.249% on 1/6/2027)10
5,250
4,608
Santander Holdings USA, Inc. 6.499% 3/9/2029 (USD-SOFR Index + 2.356% on 3/9/2028)10
14,400
14,489
Springleaf Finance Corp. 6.125% 3/15/2024
20,300
19,999
Starwood Property Trust, Inc. 5.50% 11/1/20238
5,400
5,365
Starwood Property Trust, Inc. 4.375% 1/15/20278
28,480
24,592
State Street Corp. 4.164% 8/4/2033 (USD-SOFR + 1.726% on 8/4/2032)10
6,265
5,938
State Street Corp. 4.821% 1/26/2034 (USD-SOFR + 1.567% on 1/26/2033)10
7,832
7,806
Sumitomo Mitsui Banking Corp. 2.174% 1/14/2027
3,125
2,836
Swiss Re Finance (Luxembourg) SA 5.00% 4/2/2049
(5-year UST Yield Curve Rate T Note Constant Maturity + 3.582% on 4/2/2029)8,10
3,800
3,639
Synchrony Bank 5.40% 8/22/2025
9,000
8,589
Synchrony Bank 5.625% 8/23/2027
9,000
8,571
Synchrony Financial 4.375% 3/19/2024
5,095
4,989
Toronto-Dominion Bank 0.75% 9/11/2025
6,575
5,959
Toronto-Dominion Bank 1.25% 9/10/2026
8,247
7,350
Toronto-Dominion Bank 1.95% 1/12/2027
10,000
9,060
Toronto-Dominion Bank 2.45% 1/12/2032
3,935
3,263
Truist Financial Corp. 4.873% 1/26/2029 (USD-SOFR + 1.435% on 1/26/2028)10
9,000
8,817
Truist Financial Corp. 5.122% 1/26/2034 (USD-SOFR + 1.60% on 1/26/2033)10
9,750
9,462
U.S. Bancorp 3.70% 1/30/2024
10,000
9,886
U.S. Bancorp 2.375% 7/22/2026
6,000
5,575
U.S. Bancorp 4.548% 7/22/2028 (USD-SOFR + 1.66% on 7/27/2027)10
9,000
8,756
U.S. Bancorp 4.839% 2/1/2034 (USD-SOFR + 1.60% on 2/1/2033)10
10,755
10,310
UBS Group AG 4.125% 9/24/20258
4,425
4,266
UBS Group AG 1.364% 1/30/2027
(5-year UST Yield Curve Rate T Note Constant Maturity + 1.08% on 1/30/2026)8,10
4,000
3,540
UBS Group AG 1.494% 8/10/2027
(1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on 8/10/2026)8,10
6,925
6,020
UBS Group AG 3.126% 8/13/2030 (3-month USD-LIBOR + 1.468% on 8/13/2029)8,10
3,825
3,284
UBS Group AG 2.095% 2/11/2032
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.00% on 2/11/2031)8,10
2,482
1,919
UBS Group AG 2.746% 2/11/2033
(1-year UST Yield Curve Rate T Note Constant Maturity + 1.10% on 2/11/2032)8,10
8,200
6,524
UBS Group AG 4.988% 8/5/2033
(5-year UST Yield Curve Rate T Note Constant Maturity + 2.40% on 8/5/2032)8,10
1,600
1,512
UBS Group AG 5.959% 1/12/2034
(1-year UST Yield Curve Rate T Note Constant Maturity + 2.20% on 1/12/2033)8,10
264
270
UniCredit SpA 4.625% 4/12/20278
1,730
1,671
UniCredit SpA 5.861% 6/19/2032 (5-year USD-ICE Swap + 3.703% on 6/19/2027)8,10
23,729
21,634
Visa, Inc. 3.15% 12/14/2025
8,000
7,771
Wells Fargo & Company 1.654% 6/2/2024 (USD-SOFR + 1.60% on 6/2/2023)10
6,500
6,478
Wells Fargo & Company 2.406% 10/30/2025 (3-month USD-LIBOR + 0.825% on 10/30/2024)10
16,860
16,137
Wells Fargo & Company 2.164% 2/11/2026 (3-month USD-LIBOR + 0.75% on 2/11/2025)10
12,000
11,333
Wells Fargo & Company 3.908% 4/25/2026 (USD-SOFR + 1.32% on 4/25/2025)10
4,687
4,573
Wells Fargo & Company 2.188% 4/30/2026 (USD-SOFR + 2.00% on 4/30/2025)10
9,350
8,812
Wells Fargo & Company 3.526% 3/24/2028 (USD-SOFR + 1.51% on 3/24/2027)10
69,993
66,193
Wells Fargo & Company 2.393% 6/2/2028 (USD-SOFR + 2.10% on 6/2/2027)10
3,950
3,563
Wells Fargo & Company 4.808% 7/25/2028 (USD-SOFR + 1.98% on 7/25/2027)10
21,593
21,414
Wells Fargo & Company 2.879% 10/30/2030 (3-month USD-LIBOR + 1.17% on 10/30/2029)10
1,240
1,086
Wells Fargo & Company 2.572% 2/11/2031 (3-month USD-LIBOR + 1.00% on 2/11/2030)10
13,850
11,837
Wells Fargo & Company 4.897% 7/25/2033 (USD-SOFR + 4.897% on 7/25/2032)10
2,589
2,536
Wells Fargo & Company 5.389% 4/24/2034 (USD-SOFR + 2.02% on 4/24/2033)10
47,501
48,355
The Income Fund of America — Page 12 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Financials (continued)
 
Principal amount
(000)
Value
(000)
Wells Fargo & Company 5.013% 4/4/2051 (3-month USD-LIBOR + 4.24% on 4/4/2050)10
USD
4,150
$3,934
Westpac Banking Corp. 2.894% 2/4/2030
(5-year UST Yield Curve Rate T Note Constant Maturity + 1.35% on 2/4/2025)10
7,000
6,568
Westpac Banking Corp. 2.668% 11/15/2035
(5-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 11/15/2030)10
11,150
8,759
Westpac Banking Corp. 2.963% 11/16/2040
5,075
3,492
 
3,996,582
Consumer discretionary 2.08%
 
 
 
Alibaba Group Holding, Ltd. 2.125% 2/9/2031
1,105
918
Alibaba Group Holding, Ltd. 4.50% 11/28/2034
1,722
1,632
Alibaba Group Holding, Ltd. 4.00% 12/6/2037
239
208
Allied Universal Holdco, LLC 6.625% 7/15/20268
16,985
16,396
Allied Universal Holdco, LLC 9.75% 7/15/20278
21,570
20,093
Allied Universal Holdco, LLC 4.625% 6/1/20288
15,680
13,638
Allied Universal Holdco, LLC 6.00% 6/1/20298
9,565
7,508
Allwyn Entertainment Financing (UK) PLC 7.875% 4/30/20298
10,447
10,579
Amazon.com, Inc. 2.70% 6/3/2060
8,300
5,421
Asbury Automotive Group, Inc. 4.625% 11/15/20298
48,325
43,067
Asbury Automotive Group, Inc. 5.00% 2/15/20328
3,365
2,903
Atlas LuxCo 4 SARL 4.625% 6/1/20288
10,665
9,295
Bath & Body Works, Inc. 6.625% 10/1/20308
14,360
13,802
Bath & Body Works, Inc. 6.875% 11/1/2035
28,378
25,723
Bath & Body Works, Inc. 6.75% 7/1/2036
2,555
2,278
Boyd Gaming Corp. 4.75% 12/1/2027
22,590
21,822
Boyd Gaming Corp. 4.75% 6/15/20318
7,005
6,420
Boyne USA, Inc. 4.75% 5/15/20298
31,780
28,815
Caesars Entertainment, Inc. 6.25% 7/1/20258
37,810
37,890
Caesars Entertainment, Inc. 4.625% 10/15/20298
23,185
20,361
Caesars Entertainment, Inc. 7.00% 2/15/20308
34,040
34,374
Caesars Resort Collection, LLC 5.75% 7/1/20258
5,020
5,066
Carnival Corp. 4.00% 8/1/20288
32,200
27,946
CDI Escrow Issuer, Inc. 5.75% 4/1/20308
26,335
25,417
Cedar Fair, LP 5.50% 5/1/20258
29,490
29,437
Daimler Trucks Finance North America, LLC 1.125% 12/14/20238
9,000
8,751
Daimler Trucks Finance North America, LLC 1.625% 12/13/20248
5,525
5,238
Daimler Trucks Finance North America, LLC 5.20% 1/17/20258
5,483
5,502
Daimler Trucks Finance North America, LLC 3.50% 4/7/20258
16,100
15,693
Daimler Trucks Finance North America, LLC 5.15% 1/16/20268
4,011
4,046
Daimler Trucks Finance North America, LLC 2.00% 12/14/20268
14,225
12,895
Daimler Trucks Finance North America, LLC 3.65% 4/7/20278
8,387
8,047
Daimler Trucks Finance North America, LLC 5.125% 1/19/20288
1,358
1,368
Daimler Trucks Finance North America, LLC 2.375% 12/14/20288
7,500
6,574
Daimler Trucks Finance North America, LLC 2.50% 12/14/20318
9,000
7,514
DaimlerChrysler North America Holding Corp. 3.65% 2/22/20248
9,360
9,233
DaimlerChrysler North America Holding Corp. 0.75% 3/1/20248
2,551
2,460
Dana, Inc. 5.625% 6/15/2028
1,305
1,205
Fertitta Entertainment, Inc. 4.625% 1/15/20298
33,420
29,292
Fertitta Entertainment, Inc. 6.75% 1/15/20308
12,760
10,348
First Student Bidco, Inc. 4.00% 7/31/20298
25,980
22,545
Ford Motor Co. 2.30% 2/10/2025
13,475
12,565
Ford Motor Co. 2.90% 2/10/2029
17,000
14,123
Ford Motor Co. 6.10% 8/19/2032
28,695
27,393
Ford Motor Credit Company, LLC 3.81% 1/9/2024
15,305
15,046
The Income Fund of America — Page 13 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Consumer discretionary (continued)
 
Principal amount
(000)
Value
(000)
Ford Motor Credit Company, LLC 5.584% 3/18/2024
USD
3,280
$3,264
Ford Motor Credit Company, LLC 3.664% 9/8/2024
11,380
11,000
Ford Motor Credit Company, LLC 5.125% 6/16/2025
52,275
50,966
Ford Motor Credit Company, LLC 6.95% 3/6/2026
10,335
10,441
Ford Motor Credit Company, LLC 4.542% 8/1/2026
32,520
30,715
Ford Motor Credit Company, LLC 2.70% 8/10/2026
34,095
30,286
Ford Motor Credit Company, LLC 4.271% 1/9/2027
117,666
109,122
Ford Motor Credit Company, LLC 4.95% 5/28/2027
57,170
54,139
Ford Motor Credit Company, LLC 4.125% 8/17/2027
71,670
65,851
Ford Motor Credit Company, LLC 3.815% 11/2/2027
8,215
7,378
Ford Motor Credit Company, LLC 2.90% 2/16/2028
19,180
16,627
Ford Motor Credit Company, LLC 5.113% 5/3/2029
25,589
23,884
Ford Motor Credit Company, LLC 4.00% 11/13/2030
25,134
21,577
General Motors Company 4.35% 4/9/2025
2,150
2,106
General Motors Company 6.125% 10/1/2025
9,825
10,003
General Motors Company 6.80% 10/1/2027
1,438
1,521
General Motors Company 5.40% 10/15/2029
23,651
23,395
General Motors Company 5.60% 10/15/2032
28,000
27,451
General Motors Company 6.60% 4/1/2036
5,110
5,259
General Motors Company 6.75% 4/1/2046
12,230
12,346
General Motors Financial Co. 3.70% 5/9/2023
4,775
4,773
General Motors Financial Co. 3.80% 4/7/2025
4,600
4,471
General Motors Financial Co. 2.75% 6/20/2025
9,636
9,144
General Motors Financial Co. 1.25% 1/8/2026
2,379
2,143
General Motors Financial Co. 5.40% 4/6/2026
17,500
17,518
General Motors Financial Co. 1.50% 6/10/2026
24,440
21,882
General Motors Financial Co. 4.00% 10/6/2026
1,867
1,791
General Motors Financial Co. 2.35% 2/26/2027
18,361
16,526
General Motors Financial Co. 2.70% 8/20/2027
15,668
14,046
General Motors Financial Co. 2.40% 4/10/2028
9,238
8,076
General Motors Financial Co. 2.40% 10/15/2028
15,493
13,304
General Motors Financial Co. 4.30% 4/6/2029
6,300
5,876
General Motors Financial Co. 2.35% 1/8/2031
17,998
14,221
General Motors Financial Co. 2.70% 6/10/2031
13,156
10,563
Grand Canyon University 3.25% 10/1/2023
1,250
1,234
Grand Canyon University 4.375% 10/1/2026
5,000
4,589
Hanesbrands, Inc. 4.875% 5/15/20268
28,007
26,428
Hanesbrands, Inc. 9.00% 2/15/20318
5,811
5,955
Hanesbrands, Inc., Term Loan B, (1-month USD CME Term SOFR + 3.75%) 8.732% 3/8/20307,11
4,576
4,559
Hilton Grand Vacations Borrower 5.00% 6/1/20298
17,560
15,911
Hilton Worldwide Holdings, Inc. 4.875% 1/15/2030
30,661
29,137
Hilton Worldwide Holdings, Inc. 4.00% 5/1/20318
22,520
19,939
Home Depot, Inc. 1.50% 9/15/2028
25,000
21,971
Home Depot, Inc. 3.90% 12/6/2028
1,150
1,141
Home Depot, Inc. 2.95% 6/15/2029
5,000
4,675
Home Depot, Inc. 1.875% 9/15/2031
7,500
6,243
Home Depot, Inc. 5.95% 4/1/2041
12,500
14,041
Home Depot, Inc. 4.50% 12/6/2048
601
571
Hyundai Capital America 1.25% 9/18/20238
7,561
7,430
Hyundai Capital America 0.875% 6/14/20248
8,000
7,619
Hyundai Capital America 1.00% 9/17/20248
10,550
9,924
Hyundai Capital America 2.65% 2/10/20258
27,917
26,642
Hyundai Capital America 5.875% 4/7/20258
3,300
3,337
Hyundai Capital America 1.80% 10/15/20258
1,871
1,720
The Income Fund of America — Page 14 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Consumer discretionary (continued)
 
Principal amount
(000)
Value
(000)
Hyundai Capital America 1.30% 1/8/20268
USD
9,000
$8,137
Hyundai Capital America 1.50% 6/15/20268
7,628
6,790
Hyundai Capital America 1.65% 9/17/20268
10,575
9,395
Hyundai Capital America 3.00% 2/10/20278
20,750
19,177
Hyundai Capital America 2.375% 10/15/20278
2,371
2,101
Hyundai Capital America 1.80% 1/10/20288
7,931
6,783
Hyundai Capital America 2.00% 6/15/20288
5,009
4,265
Hyundai Capital America 2.10% 9/15/20288
4,875
4,157
Hyundai Capital America 5.80% 4/1/20308
8,830
9,068
Hyundai Capital Services, Inc. 2.125% 4/24/20258
2,600
2,448
Hyundai Capital Services, Inc. 1.25% 2/8/20268
3,490
3,148
International Game Technology PLC 6.50% 2/15/20258
9,129
9,253
International Game Technology PLC 5.25% 1/15/20298
65,325
62,714
KB Home 7.25% 7/15/2030
10,295
10,595
KIA Corp. 2.375% 2/14/20258
4,825
4,592
Kontoor Brands, Inc. 4.125% 11/15/20298
5,180
4,407
LCM Investments Holdings II, LLC 4.875% 5/1/20298
28,332
24,182
Levi Strauss & Co. 3.50% 3/1/20318
31,175
26,392
Lindblad Expeditions, LLC 6.75% 2/15/20278
6,830
6,426
Lithia Motors, Inc. 3.875% 6/1/20298
37,385
32,414
Lithia Motors, Inc. 4.375% 1/15/20318
4,550
3,912
Marriott International, Inc. 4.90% 4/15/2029
4,024
4,002
Marriott International, Inc. 2.75% 10/15/2033
3,970
3,223
Marriott Ownership Resorts, Inc. 4.50% 6/15/20298
7,825
6,840
McDonald’s Corp. 4.60% 9/9/2032
5,090
5,165
Melco International Development, Ltd. 5.75% 7/21/20288
11,330
9,885
Mercedes-Benz Finance North America, LLC 5.375% 11/26/20258
3,350
3,403
Merlin Entertainment 5.75% 6/15/20268
7,210
6,857
MGM Resorts International 5.50% 4/15/2027
3,617
3,543
Midwest Gaming Borrower, LLC 4.875% 5/1/20298
13,870
12,427
NCL Corp., Ltd. 5.875% 2/15/20278
19,985
18,871
NCL Corp., Ltd. 7.75% 2/15/20298
10,560
8,951
Neiman Marcus Group, LLC 7.125% 4/1/20268
6,970
6,484
Nissan Motor Acceptance Co., LLC 1.125% 9/16/20248
7,850
7,301
Nissan Motor Acceptance Co., LLC 1.85% 9/16/20268
17,890
15,275
Nissan Motor Acceptance Co., LLC 2.45% 9/15/20288
9,883
7,943
Nissan Motor Co., Ltd. 3.043% 9/15/20238
400
395
Nissan Motor Co., Ltd. 3.522% 9/17/20258
800
749
Nissan Motor Co., Ltd. 2.00% 3/9/20268
16,020
14,125
Nissan Motor Co., Ltd. 2.75% 3/9/20288
19,362
16,121
Nissan Motor Co., Ltd. 4.81% 9/17/20308
22,160
19,505
Panther BF Aggregator 2, LP 6.25% 5/15/20268
4,725
4,708
Panther BF Aggregator 2, LP 8.50% 5/15/20278
13,740
13,846
Party City Holdings, Inc. (6-month USD-LIBOR + 5.00%) 10.13% 7/15/20257,8,12
6,270
878
Party City Holdings, Inc. 8.75% 2/15/20268,12
90,719
12,701
Party City Holdings, Inc., Term Loan DIP, 14.80% 6/18/20237,11
16,824
17,413
Penske Automotive Group, Inc. 3.75% 6/15/2029
7,275
6,336
Royal Caribbean Cruises, Ltd. 4.25% 7/1/20268
22,785
20,415
Royal Caribbean Cruises, Ltd. 5.375% 7/15/20278
34,535
30,694
Royal Caribbean Cruises, Ltd. 5.50% 4/1/20288
5,450
4,811
Royal Caribbean Cruises, Ltd. 8.25% 1/15/20298
11,457
12,075
Sally Holdings, LLC 5.625% 12/1/2025
14,080
13,924
Sands China, Ltd. 5.625% 8/8/2025
8,676
8,519
Sands China, Ltd. 4.30% 1/8/2026
8,325
7,839
The Income Fund of America — Page 15 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Consumer discretionary (continued)
 
Principal amount
(000)
Value
(000)
Sands China, Ltd. 2.80% 3/8/2027
USD
1,727
$1,509
Sands China, Ltd. 5.90% 8/8/2028
1,352
1,316
Scientific Games Corp. 8.625% 7/1/20258
13,280
13,595
Scientific Games Corp. 7.00% 5/15/20288
38,659
38,614
Scientific Games Corp. 7.25% 11/15/20298
25,850
25,888
Scientific Games Holdings, LP 6.625% 3/1/20308
20,510
18,216
Sonic Automotive, Inc. 4.625% 11/15/20298
40,225
33,791
Sonic Automotive, Inc. 4.875% 11/15/20318
16,000
12,936
Stellantis Finance US, Inc. 1.711% 1/29/20278
7,175
6,422
Stellantis Finance US, Inc. 5.625% 1/12/20288
15,000
15,433
Stellantis Finance US, Inc. 2.691% 9/15/20318
5,075
4,135
Stellantis Finance US, Inc. 6.375% 9/12/20328
16,425
17,306
Tempur Sealy International, Inc. 4.00% 4/15/20298
4,625
4,051
The Gap, Inc. 3.625% 10/1/20298
2,507
1,778
The Gap, Inc. 3.875% 10/1/20318
1,670
1,168
Toyota Motor Credit Corp. 0.45% 1/11/2024
25,283
24,505
Toyota Motor Credit Corp. 0.80% 1/9/2026
11,003
10,032
Toyota Motor Credit Corp. 1.90% 1/13/2027
10,000
9,196
Travel + Leisure Co. 4.50% 12/1/20298
18,020
15,740
Vail Resorts, Inc. 6.25% 5/15/20258
9,270
9,350
Volkswagen Group of America Finance, LLC 3.125% 5/12/20238
2,000
1,999
Volkswagen Group of America Finance, LLC 4.25% 11/13/20238
7,365
7,316
Volkswagen Group of America Finance, LLC 2.85% 9/26/20248
4,870
4,724
Volkswagen Group of America Finance, LLC 3.35% 5/13/20258
6,326
6,129
Volkswagen Group of America Finance, LLC 4.625% 11/13/20258
2,575
2,556
Volkswagen Group of America Finance, LLC 1.25% 11/24/20258
6,021
5,509
Volkswagen Group of America Finance, LLC 1.625% 11/24/20278
9,175
8,049
Volkswagen Group of America Finance, LLC 4.75% 11/13/20288
1,300
1,300
WASH Multifamily Acquisition, Inc. 5.75% 4/15/20268
51,235
48,086
Wyndham Destinations, Inc. 4.625% 3/1/20308
5,750
4,966
Wyndham Worldwide Corp. 4.375% 8/15/20288
35,310
32,867
Wynn Resorts Finance, LLC 7.125% 2/15/20318
7,525
7,715
 
2,487,355
Energy 2.03%
 
 
 
Antero Midstream Partners, LP 5.375% 6/15/20298
14,760
13,836
Antero Resources Corp. 7.625% 2/1/20298
5,135
5,262
Antero Resources Corp. 5.375% 3/1/20308
52
49
Apache Corp. 4.25% 1/15/2030
4,870
4,456
Apache Corp. 6.00% 1/15/2037
3,565
3,373
Apache Corp. 5.10% 9/1/2040
4,910
4,215
Apache Corp. 4.75% 4/15/2043
2,565
2,003
Apache Corp. 5.35% 7/1/2049
32,840
25,627
Ascent Resources - Utica, LLC, Term Loan, (3-month USD-LIBOR + 9.00%) 10.00% 11/1/20257,8,11
6,827
7,249
Ascent Resources Utica Holdings, LLC 7.00% 11/1/20268
30,865
29,903
Ascent Resources Utica Holdings, LLC 9.00% 11/1/20278
959
1,187
Ascent Resources Utica Holdings, LLC 8.25% 12/31/20288
6,340
6,163
Ascent Resources Utica Holdings, LLC 5.875% 6/30/20298
9,090
8,172
Baker Hughes Co. 4.486% 5/1/2030
1,650
1,625
BIP-V Chinook Holdco, LLC 5.50% 6/15/20318
36,675
34,186
Blue Racer Midstream, LLC 7.625% 12/15/20258
10,281
10,324
Bonanza Creek Energy, Inc. 5.00% 10/15/20268
23,690
22,295
BP Capital Markets America, Inc. 2.772% 11/10/2050
3,032
2,080
California Resources Corp. 7.125% 2/1/20268
26,405
26,700
The Income Fund of America — Page 16 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Energy (continued)
 
Principal amount
(000)
Value
(000)
Canadian Natural Resources, Ltd. 2.05% 7/15/2025
USD
3,150
$2,965
Canadian Natural Resources, Ltd. 3.85% 6/1/2027
2,760
2,652
Canadian Natural Resources, Ltd. 4.95% 6/1/2047
534
487
Cenovus Energy, Inc. 5.375% 7/15/2025
4,421
4,430
Cenovus Energy, Inc. 4.25% 4/15/2027
18,549
18,138
Centennial Resource Production, LLC 6.875% 4/1/20278
2,490
2,468
Cheniere Energy Partners, LP 4.50% 10/1/2029
32,421
30,543
Cheniere Energy Partners, LP 4.00% 3/1/2031
8,070
7,228
Cheniere Energy Partners, LP 3.25% 1/31/2032
4,389
3,661
Cheniere Energy, Inc. 4.625% 10/15/2028
51,845
49,465
Chesapeake Energy Corp. 4.875% 4/15/202212
28,085
632
Chesapeake Energy Corp. 5.50% 2/1/20268
19,835
19,653
Chesapeake Energy Corp. 5.875% 2/1/20298
31,345
30,015
Chesapeake Energy Corp. 6.75% 4/15/20298
18,880
18,709
CNX Midstream Partners, LP 4.75% 4/15/20308
8,065
6,761
CNX Resources Corp. 7.25% 3/14/20278
26,180
25,917
CNX Resources Corp. 6.00% 1/15/20298
34,027
31,515
CNX Resources Corp. 7.375% 1/15/20318
22,699
21,923
Comstock Resources, Inc. 6.75% 3/1/20298
17,870
16,197
Comstock Resources, Inc. 5.875% 1/15/20308
15,235
13,094
ConocoPhillips 3.80% 3/15/2052
2,500
2,097
Constellation Oil Services Holding SA 13.50% 6/30/20252,8
8,659
8,659
Continental Resources, Inc. 5.75% 1/15/20318
11,330
11,085
Crescent Energy Finance, LLC 9.25% 2/15/20288
17,298
17,274
Crestwood Midstream Partners, LP 8.00% 4/1/20298
41,410
42,177
Crestwood Midstream Partners, LP 7.375% 2/1/20318
14,441
14,456
Devon Energy Corp. 4.50% 1/15/2030
8,091
7,760
Diamond Foreign Asset Co. 9.00% Cash 4/22/20277,8,9
2,085
2,023
Diamond Foreign Asset Co. 9.00% Cash 4/22/20279
1,889
1,832
Diamondback Energy, Inc. 6.25% 3/15/2053
12,500
13,084
DT Midstream, Inc. 4.125% 6/15/20298
8,935
7,929
DT Midstream, Inc. 4.375% 6/15/20318
18,585
16,186
Ecopetrol SA 4.625% 11/2/2031
970
728
Ecopetrol SA 8.875% 1/13/2033
65,030
63,099
El Paso Pipeline Partners Operating Co., LLC 4.70% 11/1/2042
33,265
28,585
Enbridge Energy Partners, LP 5.875% 10/15/2025
1,145
1,168
Enbridge Energy Partners, LP 7.375% 10/15/2045
3,000
3,575
Enbridge, Inc. 4.00% 10/1/2023
2,630
2,614
Enbridge, Inc. 2.50% 1/15/2025
1,600
1,538
Energy Transfer Operating, LP 2.90% 5/15/2025
3,150
3,008
Energy Transfer Operating, LP 5.00% 5/15/2050
7,353
6,251
Energy Transfer Partners, LP 4.50% 4/15/2024
1,585
1,567
Energy Transfer Partners, LP 4.75% 1/15/2026
8,000
7,936
Energy Transfer Partners, LP 4.20% 4/15/2027
2,450
2,370
Energy Transfer Partners, LP 4.95% 6/15/2028
3,200
3,187
Enterprise Products Operating, LLC 5.05% 1/10/2026
10,321
10,495
Enterprise Products Operating, LLC 5.35% 1/31/2033
3,969
4,135
Enterprise Products Operating, LLC 3.20% 2/15/2052
400
282
EQM Midstream Partners, LP 4.125% 12/1/2026
3,036
2,759
EQM Midstream Partners, LP 6.50% 7/1/20278
38,110
37,208
EQM Midstream Partners, LP 5.50% 7/15/2028
19,665
17,944
EQM Midstream Partners, LP 4.50% 1/15/20298
22,045
18,763
EQM Midstream Partners, LP 7.50% 6/1/20308
11,535
11,209
EQM Midstream Partners, LP 4.75% 1/15/20318
21,700
17,810
The Income Fund of America — Page 17 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Energy (continued)
 
Principal amount
(000)
Value
(000)
EQT Corp. 6.125% 2/1/202510
USD
10,633
$10,677
EQT Corp. 5.00% 1/15/2029
5,500
5,272
EQT Corp. 7.25% 2/1/203010
6,985
7,378
EQT Corp. 3.625% 5/15/20318
2,115
1,842
Equinor ASA 3.00% 4/6/2027
7,000
6,684
Equinor ASA 3.625% 9/10/2028
5,265
5,168
Equinor ASA 3.25% 11/18/2049
7,583
5,894
Exxon Mobil Corp. 2.44% 8/16/2029
4,315
3,955
Exxon Mobil Corp. 2.61% 10/15/2030
1,700
1,537
Exxon Mobil Corp. 3.452% 4/15/2051
5,000
4,014
Genesis Energy, LP 6.50% 10/1/2025
27,824
27,270
Genesis Energy, LP 6.25% 5/15/2026
4,500
4,341
Genesis Energy, LP 8.00% 1/15/2027
52,582
52,524
Genesis Energy, LP 7.75% 2/1/2028
17,135
16,886
Genesis Energy, LP 8.875% 4/15/2030
16,194
16,232
Harvest Midstream I, LP 7.50% 9/1/20288
17,985
17,616
Hess Midstream Operations, LP 4.25% 2/15/20308
5,020
4,469
Hess Midstream Operations, LP 5.50% 10/15/20308
8,545
7,962
Hess Midstream Partners, LP 5.125% 6/15/20288
14,435
13,731
Hilcorp Energy I, LP 6.25% 11/1/20288
4,000
3,836
Hilcorp Energy I, LP 5.75% 2/1/20298
2,960
2,768
Hilcorp Energy I, LP 6.00% 4/15/20308
11,940
11,139
Hilcorp Energy I, LP 6.00% 2/1/20318
19,400
17,952
Holly Energy Partners, LP / Holly Energy Finance Corp. 6.375% 4/15/20278
4,295
4,240
Kinder Morgan Energy Partners, LP 5.00% 3/1/2043
20,000
17,641
Kinder Morgan, Inc. 5.20% 6/1/2033
11,767
11,687
Kinder Morgan, Inc. 5.45% 8/1/2052
2,683
2,480
MPLX, LP 1.75% 3/1/2026
2,200
2,025
MPLX, LP 2.65% 8/15/2030
8,351
7,138
MPLX, LP 4.70% 4/15/2048
5,147
4,310
Nabors Industries, Inc. 7.375% 5/15/20278
14,275
13,864
New Fortress Energy, Inc. 6.75% 9/15/20258
23,360
22,278
New Fortress Energy, Inc. 6.50% 9/30/20268
56,070
51,703
NGL Energy Operating, LLC 7.50% 2/1/20268
161,084
154,608
NGL Energy Partners, LP 6.125% 3/1/2025
36,998
34,222
Noble Finance II, LLC, 8.00% 4/15/20308
1,900
1,948
Northern Oil and Gas, Inc. 8.125% 3/1/20288
35,360
34,956
NuStar Logistics, LP 6.00% 6/1/2026
9,165
9,031
NuStar Logistics, LP 5.625% 4/28/2027
2,270
2,169
Oasis Petroleum, Inc. 6.375% 6/1/20268
16,763
16,724
Occidental Petroleum Corp. 2.90% 8/15/2024
13,065
12,681
Occidental Petroleum Corp. 5.875% 9/1/2025
26,705
27,015
Occidental Petroleum Corp. 8.50% 7/15/2027
13,000
14,328
Occidental Petroleum Corp. 6.375% 9/1/2028
10,370
10,826
Occidental Petroleum Corp. 8.875% 7/15/2030
43,590
51,261
Occidental Petroleum Corp. 6.625% 9/1/2030
11,445
12,229
Occidental Petroleum Corp. 6.125% 1/1/2031
8,850
9,262
Occidental Petroleum Corp. 6.45% 9/15/2036
10,190
10,823
Occidental Petroleum Corp. 6.20% 3/15/2040
1,500
1,542
Occidental Petroleum Corp. 6.60% 3/15/2046
5,125
5,476
ONEOK, Inc. 2.20% 9/15/2025
50
47
ONEOK, Inc. 5.85% 1/15/2026
4,246
4,333
ONEOK, Inc. 3.10% 3/15/2030
134
119
ONEOK, Inc. 6.35% 1/15/2031
837
886
The Income Fund of America — Page 18 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Energy (continued)
 
Principal amount
(000)
Value
(000)
ONEOK, Inc. 5.20% 7/15/2048
USD
636
$558
ONEOK, Inc. 4.50% 3/15/2050
285
225
ONEOK, Inc. 7.15% 1/15/2051
352
384
Parkland Corp. 4.625% 5/1/20308
5,545
4,831
Petróleos Mexicanos 4.625% 9/21/2023
4,243
4,210
Petróleos Mexicanos 4.875% 1/18/2024
4,654
4,592
Petróleos Mexicanos 6.875% 10/16/2025
18,955
18,686
Petróleos Mexicanos 6.875% 8/4/2026
71,850
68,022
Petróleos Mexicanos 6.49% 1/23/2027
5,378
4,820
Petróleos Mexicanos 6.50% 3/13/2027
72,935
65,527
Petróleos Mexicanos 6.50% 1/23/2029
865
733
Petróleos Mexicanos 8.75% 6/2/2029
24,503
22,525
Petróleos Mexicanos 5.95% 1/28/2031
3,793
2,806
Petróleos Mexicanos 6.70% 2/16/2032
39,649
30,550
Petróleos Mexicanos 6.75% 9/21/2047
5,324
3,285
Pioneer Natural Resources Company 2.15% 1/15/2031
5,684
4,768
Plains All American Pipeline, LP 3.80% 9/15/2030
450
408
Range Resources Corp. 4.875% 5/15/2025
2,375
2,346
Range Resources Corp. 8.25% 1/15/2029
25,655
26,803
Range Resources Corp. 4.75% 2/15/20308
22,135
20,390
Rockies Express Pipeline, LLC 4.95% 7/15/20298
11,768
10,882
Sabine Pass Liquefaction, LLC 5.75% 5/15/2024
4,247
4,248
Sanchez Energy Corp. 7.25% 2/15/20238,12
5,374
40
SM Energy Co. 6.50% 7/15/2028
2,975
2,822
Southwestern Energy Co. 5.70% 1/23/202510
9,769
9,761
Southwestern Energy Co. 8.375% 9/15/2028
7,755
8,139
Southwestern Energy Co. 5.375% 2/1/2029
10,880
10,268
Southwestern Energy Co. 5.375% 3/15/2030
39,660
36,949
Southwestern Energy Co. 4.75% 2/1/2032
10,135
8,951
Statoil ASA 3.25% 11/10/2024
850
836
Statoil ASA 4.25% 11/23/2041
3,000
2,812
Suburban Propane Partners, LP / Suburban Energy Finance Corp. 5.00% 6/1/20318
6,125
5,370
Sunoco Logistics Operating Partners, LP 4.00% 10/1/2027
1,900
1,828
Sunoco, LP 6.00% 4/15/2027
12,160
12,109
Sunoco, LP 5.875% 3/15/2028
12,700
12,430
Sunoco, LP 4.50% 5/15/2029
12,580
11,348
Sunoco, LP 4.50% 4/30/2030
6,950
6,211
Superior Plus, LP 4.50% 3/15/20298
3,825
3,392
Targa Resources Partners, LP 6.50% 7/15/2027
4,740
4,836
Targa Resources Partners, LP 6.875% 1/15/2029
9,385
9,597
Targa Resources Partners, LP 5.50% 3/1/2030
22,550
21,988
Total Capital International 3.127% 5/29/2050
8,100
6,067
Total SE 2.986% 6/29/2041
7,401
5,816
TransCanada PipeLines, Ltd. 4.10% 4/15/2030
5,254
5,014
Transocean Poseidon, Ltd. 6.875% 2/1/20278
12,045
11,763
Transocean Titan Financing, Ltd. 8.375% 2/1/20288
24,009
24,495
Valero Energy Corp. 4.00% 4/1/2029
6,000
5,814
Venture Global Calcasieu Pass, LLC 6.25% 1/15/20308
7,746
7,862
Venture Global Calcasieu Pass, LLC 4.125% 8/15/20318
36,865
32,701
Weatherford International, Ltd. 11.00% 12/1/20248
2,920
3,009
Weatherford International, Ltd. 6.50% 9/15/20288
22,665
22,689
Weatherford International, Ltd. 8.625% 4/30/20308
64,455
65,724
Western Gas Partners, LP 4.50% 3/1/2028
29,990
28,649
Western Midstream Operating, LP 3.35% 2/1/202510
9,602
9,183
The Income Fund of America — Page 19 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Energy (continued)
 
Principal amount
(000)
Value
(000)
Western Midstream Operating, LP 4.75% 8/15/2028
USD
3,540
$3,401
Western Midstream Operating, LP 4.30% 2/1/203010
13,900
12,701
Williams Companies, Inc. 3.50% 11/15/2030
2,081
1,906
 
2,425,030
Health care 1.73%
 
 
 
AbbVie, Inc. 2.95% 11/21/2026
2,890
2,744
AbbVie, Inc. 4.55% 3/15/2035
6,750
6,615
AbbVie, Inc. 4.30% 5/14/2036
1,003
950
AbbVie, Inc. 4.75% 3/15/2045
1,203
1,137
AdaptHealth, LLC 5.125% 3/1/20308
8,385
6,946
Amgen, Inc. 5.25% 3/2/2025
18,000
18,163
Amgen, Inc. 5.507% 3/2/2026
13,500
13,555
Amgen, Inc. 5.15% 3/2/2028
10,019
10,258
Amgen, Inc. 5.25% 3/2/2030
10,312
10,595
Amgen, Inc. 5.25% 3/2/2033
8,082
8,319
Amgen, Inc. 5.60% 3/2/2043
11,250
11,585
Amgen, Inc. 5.65% 3/2/2053
6,581
6,823
Amgen, Inc. 4.40% 2/22/2062
3,999
3,361
Amgen, Inc. 5.75% 3/2/2063
11,250
11,661
Anthem, Inc. 2.375% 1/15/2025
2,046
1,969
AstraZeneca Finance, LLC 1.20% 5/28/2026
10,098
9,247
AstraZeneca Finance, LLC 1.75% 5/28/2028
5,612
5,004
AstraZeneca Finance, LLC 2.25% 5/28/2031
2,650
2,298
AstraZeneca PLC 3.375% 11/16/2025
4,500
4,400
Avantor Funding, Inc. 4.625% 7/15/20288
27,540
25,792
Avantor Funding, Inc. 3.875% 11/1/20298
25,835
22,787
Bausch Health Americas, Inc. 9.25% 4/1/20268
6,535
5,270
Bausch Health Americas, Inc. 8.50% 1/31/20278
7,620
3,862
Bausch Health Companies, Inc. 9.00% 12/15/20258
16,475
13,807
Bausch Health Companies, Inc. 7.00% 1/15/20288
7,120
3,275
Bausch Health Companies, Inc. 4.875% 6/1/20288
60,725
40,064
Bausch Health Companies, Inc. 5.25% 2/15/20318
17,603
8,421
Baxter International, Inc. 1.322% 11/29/2024
21,489
20,247
Baxter International, Inc. 1.915% 2/1/2027
21,489
19,323
Baxter International, Inc. 2.272% 12/1/2028
11,534
10,078
Bayer US Finance II, LLC 3.875% 12/15/20238
3,850
3,811
Bayer US Finance II, LLC 4.25% 12/15/20258
6,000
5,885
Bayer US Finance II, LLC 4.40% 7/15/20448
13,090
10,816
Boston Scientific Corp. 1.90% 6/1/2025
9,109
8,632
Catalent Pharma Solutions, Inc. 5.00% 7/15/20278
11,937
11,478
Catalent Pharma Solutions, Inc. 3.125% 2/15/20298
9,655
8,226
Catalent Pharma Solutions, Inc. 3.50% 4/1/20308
2,715
2,305
Centene Corp. 4.25% 12/15/2027
50,425
48,233
Centene Corp. 2.45% 7/15/2028
36,915
32,118
Centene Corp. 4.625% 12/15/2029
59,080
55,736
Centene Corp. 3.375% 2/15/2030
44,100
38,978
Centene Corp. 3.00% 10/15/2030
2,188
1,867
Centene Corp. 2.50% 3/1/2031
12,110
9,879
Centene Corp. 2.625% 8/1/2031
2,630
2,156
Charles River Laboratories International, Inc. 4.25% 5/1/20288
27,840
25,383
Charles River Laboratories International, Inc. 3.75% 3/15/20298
2,500
2,196
Community Health Systems, Inc. 5.625% 3/15/20278
21,210
19,600
Community Health Systems, Inc. 6.00% 1/15/20298
8,870
7,870
The Income Fund of America — Page 20 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Health care (continued)
 
Principal amount
(000)
Value
(000)
Community Health Systems, Inc. 5.25% 5/15/20308
USD
29,625
$24,719
DaVita, Inc. 4.625% 6/1/20308
15,055
13,128
Elevance Health, Inc. 4.90% 2/8/2026
6,445
6,436
Elevance Health, Inc. 4.75% 2/15/2033
3,648
3,672
Elevance Health, Inc. 5.125% 2/15/2053
1,546
1,538
Eli Lilly and Company 3.375% 3/15/2029
1,353
1,301
Eli Lilly and Company 4.70% 2/27/2033
5,110
5,309
Eli Lilly and Company 4.875% 2/27/2053
1,563
1,635
Encompass Health Corp. 4.50% 2/1/2028
13,743
12,977
Encompass Health Corp. 4.75% 2/1/2030
4,560
4,211
Grifols Escrow Issuer SA 4.75% 10/15/20288
14,480
11,626
HCA, Inc. 5.875% 2/15/2026
13,870
14,091
HCA, Inc. 5.375% 9/1/2026
6,680
6,732
HCA, Inc. 5.625% 9/1/2028
15,915
16,254
HCA, Inc. 3.375% 3/15/20298
4,824
4,407
HCA, Inc. 3.50% 9/1/2030
20,534
18,493
HCA, Inc. 3.625% 3/15/20328
5,000
4,432
HCA, Inc. 4.375% 3/15/20428
5,000
4,201
HCA, Inc. 4.625% 3/15/20528
4,747
3,943
HealthEquity, Inc. 4.50% 10/1/20298
22,525
20,170
Iqvia, Inc. 5.00% 5/15/20278
11,510
11,247
Jazz Securities DAC 4.375% 1/15/20298
14,125
12,995
Mallinckrodt International Finance SA 10.00% 4/15/20258
12,820
10,659
Medline Borrower, LP, Term Loan, (3-month USD-LIBOR + 3.25%) 8.275% 10/23/20287,11
14,384
13,987
Medtronic Global Holdings S.C.A. 4.25% 3/30/2028
6,455
6,480
Medtronic Global Holdings S.C.A. 4.50% 3/30/2033
12,500
12,624
Merck & Co., Inc. 1.90% 12/10/2028
2,740
2,446
Merck & Co., Inc. 2.75% 12/10/2051
5,514
3,914
Molina Healthcare, Inc. 4.375% 6/15/20288
25,980
24,386
Molina Healthcare, Inc. 3.875% 11/15/20308
12,815
11,316
Molina Healthcare, Inc. 3.875% 5/15/20328
32,460
27,850
Mozart Debt Merger Sub, Inc. 5.25% 10/1/20298
19,695
17,055
Novant Health, Inc. 3.168% 11/1/2051
6,000
4,409
Novartis Capital Corp. 2.00% 2/14/2027
3,090
2,873
Option Care Health, Inc. 4.375% 10/31/20298
16,705
15,035
Organon Finance 1, LLC 4.125% 4/30/20288
28,670
26,409
Owens & Minor, Inc. 4.375% 12/15/2024
32,762
31,664
Owens & Minor, Inc. 4.50% 3/31/20298
49,125
39,454
Owens & Minor, Inc. 6.625% 4/1/20308
18,685
16,278
Par Pharmaceutical, Inc. 7.50% 4/1/20278
79,502
56,449
Pfizer, Inc. 3.45% 3/15/2029
4,800
4,648
Radiology Partners, Inc. 9.25% 2/1/20288
35,255
15,649
Rede D’Or Finance SARL 4.95% 1/17/2028
1,820
1,659
Rede D’Or Finance SARL 4.50% 1/22/2030
8,840
7,506
RP Escrow Issuer, LLC 5.25% 12/15/20258
13,660
9,596
Select Medical Holdings Corp. 6.25% 8/15/20268
18,853
18,486
Shire PLC 2.875% 9/23/2023
1,759
1,741
Summa Health 3.511% 11/15/2051
2,650
1,918
Surgery Center Holdings 10.00% 4/15/20278
9,612
9,865
Tenet Healthcare Corp. 4.625% 7/15/2024
5,642
5,602
Tenet Healthcare Corp. 4.875% 1/1/2026
106,640
105,177
Tenet Healthcare Corp. 5.125% 11/1/2027
13,695
13,305
Tenet Healthcare Corp. 4.25% 6/1/2029
35,940
33,006
Teva Pharmaceutical Finance Co. BV 2.80% 7/21/2023
2,162
2,148
The Income Fund of America — Page 21 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Health care (continued)
 
Principal amount
(000)
Value
(000)
Teva Pharmaceutical Finance Co. BV 6.00% 4/15/2024
USD
46,110
$46,061
Teva Pharmaceutical Finance Co. BV 7.125% 1/31/2025
7,150
7,321
Teva Pharmaceutical Finance Co. BV 3.15% 10/1/2026
100,615
91,017
Teva Pharmaceutical Finance Co. BV 4.75% 5/9/2027
98,070
91,969
Teva Pharmaceutical Finance Co. BV 6.75% 3/1/2028
189,795
189,172
Teva Pharmaceutical Finance Co. BV 5.125% 5/9/2029
108,360
100,648
Teva Pharmaceutical Finance Co. BV 7.875% 9/15/2029
11,406
11,958
Teva Pharmaceutical Finance Co. BV 4.10% 10/1/2046
110,935
74,054
Teva Pharmaceutical Finance Co., LLC 6.15% 2/1/2036
2,435
2,233
UnitedHealth Group, Inc. 1.15% 5/15/2026
5,633
5,164
UnitedHealth Group, Inc. 5.30% 2/15/2030
10,000
10,563
UnitedHealth Group, Inc. 2.00% 5/15/2030
2,102
1,808
UnitedHealth Group, Inc. 4.20% 5/15/2032
3,066
3,008
UnitedHealth Group, Inc. 3.05% 5/15/2041
8,325
6,622
UnitedHealth Group, Inc. 3.25% 5/15/2051
5,379
4,092
UnitedHealth Group, Inc. 4.75% 5/15/2052
3,002
2,921
Valeant Pharmaceuticals International, Inc. 5.50% 11/1/20258
71,030
62,007
 
2,071,454
Communication services 1.49%
 
 
 
Altice France Holding SA 10.50% 5/15/20278
11,630
8,600
Altice France Holding SA 5.125% 7/15/20298
71,512
52,937
AT&T, Inc. 1.65% 2/1/2028
7,175
6,296
AT&T, Inc. 3.50% 9/15/2053
11,419
8,198
British Telecommunications PLC 9.625% 12/15/203010
4,011
5,052
CCO Holdings, LLC 5.125% 5/1/20278
13,485
12,745
CCO Holdings, LLC 5.00% 2/1/20288
13,250
12,270
CCO Holdings, LLC 4.75% 3/1/20308
28,837
24,851
CCO Holdings, LLC 4.50% 8/15/20308
41,075
34,536
CCO Holdings, LLC 4.25% 2/1/20318
43,950
36,044
CCO Holdings, LLC 4.75% 2/1/20328
27,835
23,064
CCO Holdings, LLC 4.50% 5/1/2032
19,415
15,567
CCO Holdings, LLC 4.50% 6/1/20338
37,190
29,646
CenturyLink, Inc. 4.00% 2/15/20278
15,350
10,268
Charter Communications Operating, LLC 3.70% 4/1/2051
4,000
2,541
Cogent Communications Group, Inc. 3.50% 5/1/20268
1,835
1,708
Comcast Corp. 2.887% 11/1/2051
11,570
7,919
Connect Finco SARL 6.75% 10/1/20268
16,600
15,843
CSC Holdings, LLC 3.375% 2/15/20318
18,725
12,885
Diamond Sports Group, LLC 6.625% 8/15/20278,12
27,190
833
DIRECTV Financing, LLC 5.875% 8/15/20278
46,420
40,788
DIRECTV Financing, LLC, Term Loan, (3-month USD-LIBOR + 5.00%) 10.025% 8/2/20277,11
12,473
12,041
DISH Network Corp. 11.75% 11/15/20278
64,175
60,693
Embarq Corp. 7.995% 6/1/2036
62,181
26,807
Fox Corp. 4.03% 1/25/2024
1,120
1,110
Frontier Communications Corp. 5.875% 10/15/20278
29,075
26,790
Frontier Communications Corp. 5.00% 5/1/20288
54,560
47,966
Frontier Communications Corp. 6.75% 5/1/20298
42,815
34,502
Frontier Communications Holdings, LLC 5.875% 11/1/2029
12,195
9,288
Frontier Communications Holdings, LLC 6.00% 1/15/20308
9,875
7,564
Frontier Communications Holdings, LLC 8.75% 5/15/20308
17,175
17,006
Gray Escrow II, Inc. 5.375% 11/15/20318
4,650
2,985
Gray Television, Inc. 7.00% 5/15/20278
17,880
14,503
iHeartCommunications, Inc. 5.25% 8/15/20278
21,050
16,654
The Income Fund of America — Page 22 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Communication services (continued)
 
Principal amount
(000)
Value
(000)
Intelsat Jackson Holding Co. 6.50% 3/15/20308
USD
18,565
$17,178
Kantar Group, LLC, Term Loan B2, (3-month USD-LIBOR + 4.50%) 9.659% 12/4/20267,11
6,284
5,876
Lamar Media Corp. 3.75% 2/15/2028
5,094
4,691
Lamar Media Corp. 4.875% 1/15/2029
21,525
20,372
Lamar Media Corp. 3.625% 1/15/2031
8,515
7,344
Level 3 Financing, Inc. 10.50% 5/15/20308
141
135
Liberty Global PLC 5.50% 1/15/20288
7,975
7,147
Ligado Networks, LLC 15.50% PIK 11/1/20238,9
55,989
18,336
Ligado Networks, LLC, Term Loan, 15.50% PIK or 15.50% Cash 11/1/20232,9,11
2,439
2,317
Live Nation Entertainment, Inc. 4.75% 10/15/20278
10,000
9,274
Live Nation Entertainment, Inc. 3.75% 1/15/20288
5,950
5,340
Meta Platforms, Inc. 3.85% 8/15/2032
9,295
8,780
Midas OpCo Holdings, LLC 5.625% 8/15/20298
16,750
14,577
Netflix, Inc. 3.625% 6/15/20258
290
281
Netflix, Inc. 4.875% 4/15/2028
26,324
26,512
Netflix, Inc. 5.875% 11/15/2028
42,697
44,964
Netflix, Inc. 6.375% 5/15/2029
20,521
22,191
Netflix, Inc. 5.375% 11/15/20298
39,589
40,508
Netflix, Inc. 4.875% 6/15/20308
34,734
34,529
News Corp. 3.875% 5/15/20298
17,450
15,509
News Corp. 5.125% 2/15/20328
22,780
20,999
Nexstar Broadcasting, Inc. 4.75% 11/1/20288
64,605
56,847
SBA Tower Trust 1.631% 11/15/20268
23,592
20,767
Scripps Escrow II, Inc. 3.875% 1/15/20298
7,300
5,682
Sirius XM Radio, Inc. 5.00% 8/1/20278
4,791
4,412
Sirius XM Radio, Inc. 4.00% 7/15/20288
57,450
48,564
Sirius XM Radio, Inc. 4.125% 7/1/20308
19,300
15,502
Sirius XM Radio, Inc. 3.875% 9/1/20318
34,805
26,340
Sprint Corp. 7.125% 6/15/2024
10,000
10,173
Sprint Corp. 7.625% 2/15/2025
36,000
37,130
Sprint Corp. 7.625% 3/1/2026
29,760
31,540
Sprint Corp. 6.875% 11/15/2028
38,787
41,850
Sprint Corp. 8.75% 3/15/2032
20,210
24,721
Take-Two Interactive Software, Inc. 3.30% 3/28/2024
7,634
7,491
Take-Two Interactive Software, Inc. 4.00% 4/14/2032
4,502
4,240
Tencent Holdings, Ltd. 2.39% 6/3/2030
1,256
1,064
T-Mobile US, Inc. 2.25% 2/15/2026
8,000
7,452
T-Mobile US, Inc. 2.625% 4/15/2026
6,250
5,868
T-Mobile US, Inc. 2.05% 2/15/2028
11,475
10,191
T-Mobile US, Inc. 4.95% 3/15/2028
7,235
7,315
T-Mobile US, Inc. 2.625% 2/15/2029
5,585
4,941
T-Mobile US, Inc. 2.40% 3/15/2029
2,929
2,576
T-Mobile US, Inc. 2.55% 2/15/2031
1,790
1,523
T-Mobile US, Inc. 2.875% 2/15/2031
26,123
22,662
T-Mobile US, Inc. 2.70% 3/15/2032
6,775
5,722
T-Mobile US, Inc. 3.40% 10/15/2052
4,589
3,323
Univision Communications, Inc. 5.125% 2/15/20258
8,680
8,558
Univision Communications, Inc. 6.625% 6/1/20278
39,575
38,157
Univision Communications, Inc. 4.50% 5/1/20298
73,515
63,426
Univision Communications, Inc. 7.375% 6/30/20308
9,250
8,885
UPC Broadband Finco BV 4.875% 7/15/20318
48,900
42,248
Verizon Communications, Inc. 2.55% 3/21/2031
6,100
5,196
Verizon Communications, Inc. 3.40% 3/22/2041
10,000
7,878
Verizon Communications, Inc. 2.875% 11/20/2050
5,625
3,738
The Income Fund of America — Page 23 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Communication services (continued)
 
Principal amount
(000)
Value
(000)
Virgin Media O2 4.25% 1/31/20318
USD
25,888
$21,488
Virgin Media Secured Finance PLC 4.50% 8/15/20308
26,070
22,359
VMED O2 UK Financing I PLC 4.75% 7/15/20318
1,068
911
Vodafone Group PLC 4.25% 9/17/2050
7,275
5,968
VZ Secured Financing BV 5.00% 1/15/20328
21,790
18,208
Warner Music Group 3.75% 12/1/20298
3,621
3,190
Warner Music Group 3.875% 7/15/20308
24,344
21,518
Warner Music Group 3.00% 2/15/20318
7,235
5,929
WarnerMedia Holdings, Inc. 3.428% 3/15/20248
20,413
19,970
WarnerMedia Holdings, Inc. 3.638% 3/15/20258
17,133
16,588
WarnerMedia Holdings, Inc. 3.755% 3/15/20278
20,795
19,608
WarnerMedia Holdings, Inc. 4.054% 3/15/20298
5,500
5,094
WarnerMedia Holdings, Inc. 4.279% 3/15/20328
11,193
9,949
WarnerMedia Holdings, Inc. 5.05% 3/15/20428
10,371
8,586
WarnerMedia Holdings, Inc. 5.141% 3/15/20528
5,370
4,296
Ziggo Bond Co. BV 5.125% 2/28/20308
21,600
17,572
Ziggo Bond Finance BV 4.875% 1/15/20308
17,345
14,956
ZipRecruiter, Inc. 5.00% 1/15/20308
17,000
14,865
 
1,784,397
Industrials 1.43%
 
 
 
AAdvantage Loyalty IP, Ltd. 5.50% 4/20/20268
7,905
7,772
Air Lease Corp. 2.875% 1/15/2026
21,796
20,375
Air Lease Corp. 2.20% 1/15/2027
11,245
10,090
Air Lease Corp. 5.30% 2/1/2028
13,000
12,871
Air Lease Corp. 2.10% 9/1/2028
5,900
4,962
Allison Transmission Holdings, Inc. 3.75% 1/30/20318
25,185
21,527
Ashtead Capital, Inc. 5.50% 8/11/20328
18,158
17,963
Associated Materials, LLC, Term Loan B, (3-month USD CME Term SOFR + 6.00%) 10.982% 3/8/20297,11
29,775
25,793
Atkore, Inc. 4.25% 6/1/20318
12,215
10,766
Avis Budget Car Rental, LLC 5.75% 7/15/20278
12,675
11,890
Avis Budget Group, Inc. 5.375% 3/1/20298
18,760
17,036
Avolon Holdings Funding, Ltd. 3.95% 7/1/20248
22,645
21,999
Avolon Holdings Funding, Ltd. 2.125% 2/21/20268
17,179
15,286
Avolon Holdings Funding, Ltd. 4.25% 4/15/20268
8,919
8,359
Avolon Holdings Funding, Ltd. 3.25% 2/15/20278
17,000
15,198
Avolon Holdings Funding, Ltd. 2.528% 11/18/20278
4,438
3,733
Avolon Holdings Funding, Ltd. 2.75% 2/21/20288
10,000
8,424
Boeing Company 1.95% 2/1/2024
523
509
Boeing Company 4.875% 5/1/2025
50,882
50,838
Boeing Company 2.75% 2/1/2026
16,896
16,020
Boeing Company 2.196% 2/4/2026
29,049
27,014
Boeing Company 3.10% 5/1/2026
1,454
1,379
Boeing Company 5.04% 5/1/2027
22,445
22,563
Boeing Company 3.25% 2/1/2028
20,952
19,534
Boeing Company 3.25% 3/1/2028
1,025
951
Boeing Company 5.15% 5/1/2030
60,464
60,957
Boeing Company 3.625% 2/1/2031
4,650
4,258
Boeing Company 3.60% 5/1/2034
7,000
6,028
Boeing Company 3.25% 2/1/2035
475
389
Boeing Company 3.50% 3/1/2039
5,544
4,327
Boeing Company 5.705% 5/1/2040
23,854
23,966
Boeing Company 3.90% 5/1/2049
3,149
2,390
Boeing Company 3.75% 2/1/2050
1,805
1,358
The Income Fund of America — Page 24 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Industrials (continued)
 
Principal amount
(000)
Value
(000)
Boeing Company 5.805% 5/1/2050
USD
33,708
$33,568
Bombardier, Inc. 7.125% 6/15/20268
45,450
45,355
Bombardier, Inc. 7.875% 4/15/20278
89,290
89,130
Bombardier, Inc. 6.00% 2/15/20288
27,265
25,889
Bombardier, Inc. 7.50% 2/1/20298
3,795
3,737
Burlington Northern Santa Fe, LLC 3.55% 2/15/2050
10,000
8,120
BWX Technologies, Inc. 4.125% 6/30/20288
5,190
4,776
BWX Technologies, Inc. 4.125% 4/15/20298
13,360
12,106
Canadian Pacific Railway, Ltd. 1.75% 12/2/2026
3,515
3,211
Canadian Pacific Railway, Ltd. 3.10% 12/2/2051
5,532
3,972
Carrier Global Corp. 2.722% 2/15/2030
2,000
1,752
Carrier Global Corp. 3.577% 4/5/2050
4,100
3,066
Chart Industries, Inc. 7.50% 1/1/20308
11,063
11,409
Clarivate Science Holdings Corp. 3.875% 7/1/20288
12,595
11,348
Clarivate Science Holdings Corp. 4.875% 7/1/20298
25,820
23,284
Clean Harbors, Inc. 6.375% 2/1/20318
14,638
14,951
CoreLogic, Inc. 4.50% 5/1/20288
80,461
65,859
CoreLogic, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 11.563% 6/4/20297,11
3,525
2,772
Covanta Holding Corp. 4.875% 12/1/20298
19,365
17,252
CSX Corp. 3.80% 3/1/2028
1,550
1,522
CSX Corp. 4.50% 3/15/2049
3,785
3,483
CSX Corp. 4.50% 11/15/2052
9,000
8,292
Dun & Bradstreet Corp. 5.00% 12/15/20298
44,192
38,843
General Dynamics Corp. 3.625% 4/1/2030
6,433
6,191
General Electric Co., Series D, (3-month USD-LIBOR + 3.33%) 8.196% junior subordinated perpetual bonds7
43,733
43,820
Harsco Corp. 5.75% 7/31/20278
14,770
12,491
Honeywell International, Inc. 2.30% 8/15/2024
4,405
4,278
Icahn Enterprises Finance Corp. 4.75% 9/15/2024
17,320
17,113
Icahn Enterprises, LP 5.25% 5/15/2027
5,855
5,527
Icahn Enterprises, LP 4.375% 2/1/2029
9,625
8,462
LABL Escrow Issuer, LLC 10.50% 7/15/20278
7,095
6,751
Lockheed Martin Corp. 5.10% 11/15/2027
3,805
3,961
Lockheed Martin Corp. 5.25% 1/15/2033
13,219
14,133
Lockheed Martin Corp. 5.70% 11/15/2054
7,398
8,370
LSC Communications, Inc. 8.75% 10/15/20232,8,12
25,849
78
LSC Communications, Inc., Term Loan B, (3-month USD-LIBOR + 4.50%) 7.75% 9/30/20222,7,11,12
3,697
11
Masco Corp. 1.50% 2/15/2028
8,605
7,457
Masco Corp. 2.00% 2/15/2031
4,970
4,003
Masco Corp. 3.125% 2/15/2051
2,294
1,501
MasTec, Inc. 4.50% 8/15/20288
19,290
17,868
Mexico City Airport Trust 3.875% 4/30/20288
770
714
Mexico City Airport Trust 5.50% 10/31/2046
2,303
1,795
Mexico City Airport Trust 5.50% 7/31/2047
4,482
3,482
Mexico City Airport Trust 5.50% 7/31/20478
215
167
Mileage Plus Holdings, LLC 6.50% 6/20/20278
34,204
34,190
Moog, Inc. 4.25% 12/9/20278
11,829
11,139
Mueller Water Products, Inc. 4.00% 6/15/20298
5,110
4,621
Norfolk Southern Corp. 4.45% 3/1/2033
2,208
2,180
Norfolk Southern Corp. 3.05% 5/15/2050
3,727
2,623
Norfolk Southern Corp. 4.55% 6/1/2053
2,321
2,110
Northrop Grumman Corp. 3.25% 1/15/2028
8,995
8,570
Otis Worldwide Corp. 2.293% 4/5/2027
2,440
2,244
PGT Innovations, Inc. 4.375% 10/1/20298
19,090
17,328
PM General Purchaser, LLC 9.50% 10/1/20288
90
85
The Income Fund of America — Page 25 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Industrials (continued)
 
Principal amount
(000)
Value
(000)
Raytheon Technologies Corp. 5.00% 2/27/2026
USD
3,410
$3,469
Raytheon Technologies Corp. 1.90% 9/1/2031
7,500
6,145
Raytheon Technologies Corp. 5.15% 2/27/2033
11,791
12,260
Raytheon Technologies Corp. 5.375% 2/27/2053
4,445
4,678
Ritchie Bros. Holdings, Inc. 7.75% 3/15/20318
13,646
14,516
Roller Bearing Company of America, Inc. 4.375% 10/15/20298
1,025
931
Rolls-Royce PLC 5.75% 10/15/20278
22,410
22,389
Sabre GLBL, Inc. 7.375% 9/1/20258
9,919
8,825
Sabre GLBL, Inc. 11.25% 12/15/20278
9,492
8,347
Sabre Holdings Corp. 9.25% 4/15/20258
23,525
21,725
Sensata Technologies Holding BV 4.00% 4/15/20298
19,310
17,473
Sensata Technologies, Inc. 3.75% 2/15/20318
7,225
6,285
Siemens AG 1.20% 3/11/20268
20,585
18,898
Siemens AG 1.70% 3/11/20288
11,475
10,255
SkyMiles IP, Ltd. 4.75% 10/20/20288
36,495
35,461
Spirit AeroSystems, Inc. 7.50% 4/15/20258
5,775
5,746
Spirit AeroSystems, Inc. 9.375% 11/30/20298
12,159
13,085
Stericycle, Inc. 3.875% 1/15/20298
29,450
26,529
The Brink’s Co. 4.625% 10/15/20278
12,800
12,118
TransDigm, Inc. 6.25% 3/15/20268
61,602
61,990
TransDigm, Inc. 5.50% 11/15/2027
55,399
53,253
TransDigm, Inc. 6.75% 8/15/20288
14,390
14,632
TransDigm, Inc. 4.625% 1/15/2029
9,870
8,945
Triton Container International, Ltd. 1.15% 6/7/20248
3,938
3,715
Triton Container International, Ltd. 3.15% 6/15/20318
7,222
5,733
Triumph Group, Inc. 7.75% 8/15/2025
19,910
18,547
Triumph Group, Inc. 9.00% 3/15/20288
24,652
25,021
Uber Technologies, Inc. 8.00% 11/1/20268
22,165
22,748
Union Pacific Corp. 3.75% 7/15/2025
4,720
4,653
Union Pacific Corp. 2.40% 2/5/2030
1,931
1,715
Union Pacific Corp. 2.891% 4/6/2036
3,245
2,708
Union Pacific Corp. 2.95% 3/10/2052
5,000
3,570
United Airlines, Inc. 4.375% 4/15/20268
7,700
7,363
United Airlines, Inc. 4.625% 4/15/20298
18,680
16,926
United Rentals, Inc. 5.25% 1/15/2030
6,840
6,625
United Rentals, Inc. 3.875% 2/15/2031
8,600
7,577
United Rentals, Inc. 3.75% 1/15/2032
4,750
4,077
United Technologies Corp. 3.95% 8/16/2025
5,290
5,221
Vertical U.S. Newco, Inc. 5.25% 7/15/20278
9,075
8,494
Virgin Australia Holdings, Ltd. 7.875% 10/15/20218,12
1,649
3
WESCO Distribution, Inc. 7.125% 6/15/20258
5,905
6,014
WESCO Distribution, Inc. 7.25% 6/15/20288
6,435
6,614
Westinghouse Air Brake Technologies Corp. 4.40% 3/15/202410
1,491
1,472
 
1,710,236
Materials 1.09%
 
 
 
Air Products and Chemicals, Inc. 1.85% 5/15/2027
1,857
1,707
Alcoa Nederland Holding BV 5.50% 12/15/20278
13,410
13,205
Alcoa Nederland Holding BV 4.125% 3/31/20298
6,725
6,114
Allegheny Technologies, Inc. 4.875% 10/1/2029
30,055
27,736
Allegheny Technologies, Inc. 5.125% 10/1/2031
15,485
13,950
Anglo American Capital PLC 2.25% 3/17/20288
6,553
5,712
Anglo American Capital PLC 2.625% 9/10/20308
16,107
13,513
Ardagh Group SA 6.50% Cash 6/30/20278,9
16,497
13,539
The Income Fund of America — Page 26 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Materials (continued)
 
Principal amount
(000)
Value
(000)
Ardagh Metal Packaging Finance USA, LLC 4.00% 9/1/20298
USD
13,540
$11,044
Avient Corp. 7.125% 8/1/20308
6,900
7,058
Axalta Coating Systems, LLC 4.75% 6/15/20278
14,076
13,611
Ball Corp. 6.875% 3/15/2028
30,745
32,004
Ball Corp. 3.125% 9/15/2031
20,755
17,305
BHP Billiton Finance (USA), Ltd. 4.90% 2/28/2033
7,083
7,267
CAN-PACK SA 3.875% 11/15/20298
17,050
13,694
Celanese US Holdings, LLC 6.165% 7/15/2027
24,000
24,312
Celanese US Holdings, LLC 6.379% 7/15/2032
5,829
5,916
Cleveland-Cliffs, Inc. 6.75% 3/15/20268
9,025
9,190
Cleveland-Cliffs, Inc. 7.00% 3/15/2027
1,300
1,278
Cleveland-Cliffs, Inc. 5.875% 6/1/2027
58,860
57,858
Cleveland-Cliffs, Inc. 4.625% 3/1/20298
33,580
30,458
Cleveland-Cliffs, Inc. 6.75% 4/15/20308
25,000
24,331
CRH America, Inc. 5.125% 5/18/20458
350
328
CVR Partners, LP 6.125% 6/15/20288
10,360
9,364
Dow Chemical Co. 3.60% 11/15/2050
13,746
10,503
Element Solutions, Inc. 3.875% 9/1/20288
21,085
18,629
First Quantum Minerals, Ltd. 7.50% 4/1/20258
85,661
85,541
First Quantum Minerals, Ltd. 6.875% 3/1/20268
66,409
65,266
First Quantum Minerals, Ltd. 6.875% 10/15/20278
110,196
107,086
FXI Holdings, Inc. 7.875% 11/1/20248
40,869
37,176
FXI Holdings, Inc. 12.25% 11/15/20268
37,412
33,476
INEOS Finance PLC 6.75% 5/15/20288
16,310
16,131
International Flavors & Fragrances, Inc. 1.832% 10/15/20278
3,375
2,878
Kaiser Aluminum Corp. 4.625% 3/1/20288
20,295
17,941
LABL, Inc. 8.25% 11/1/20298
14,070
12,241
LSB Industries, Inc. 6.25% 10/15/20288
21,205
18,682
LYB International Finance III, LLC 2.25% 10/1/2030
2,924
2,420
LYB International Finance III, LLC 4.20% 5/1/2050
4,106
3,190
LYB International Finance III, LLC 3.625% 4/1/2051
32,992
23,445
Mauser Packaging Solutions Holding Co. 7.875% 8/15/20268
15,535
15,773
Methanex Corp. 5.125% 10/15/2027
90,975
86,999
Mineral Resources, Ltd. 8.50% 5/1/20308
30,090
30,649
Nova Chemicals Corp. 4.25% 5/15/20298
15,950
12,914
Novelis Corp. 4.75% 1/30/20308
27,653
25,064
Novelis Corp. 3.875% 8/15/20318
21,782
18,272
Nutrien, Ltd. 1.90% 5/13/2023
7,974
7,964
Praxair, Inc. 1.10% 8/10/2030
4,407
3,547
SCIH Salt Holdings, Inc. 4.875% 5/1/20288
54,585
49,199
SCIH Salt Holdings, Inc. 6.625% 5/1/20298
28,925
24,141
Scotts Miracle-Gro Co. 4.50% 10/15/2029
18,840
16,331
Scotts Miracle-Gro Co. 4.375% 2/1/2032
21,605
17,482
Sealed Air Corp. 4.00% 12/1/20278
19,239
18,008
Sealed Air Corp. 6.125% 2/1/20288
28,890
29,353
Sherwin-Williams Company 3.80% 8/15/2049
10,414
8,140
South32 Treasury, Ltd. 4.35% 4/14/20328
2,793
2,513
SPCM SA 3.375% 3/15/20308
3,990
3,306
Summit Materials, LLC 6.50% 3/15/20278
9,760
9,741
Summit Materials, LLC 5.25% 1/15/20298
12,425
11,825
Trivium Packaging BV 5.50% 8/15/20268
6,997
6,799
Trivium Packaging BV 8.50% 8/15/20278
5,615
5,429
Valvoline, Inc. 4.25% 2/15/20308
11,680
11,462
Valvoline, Inc. 3.625% 6/15/20318
14,104
11,740
The Income Fund of America — Page 27 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Materials (continued)
 
Principal amount
(000)
Value
(000)
Venator Finance SARL 9.50% 7/1/20258
USD
27,717
$17,323
Venator Finance SARL 5.75% 7/15/20258
59,725
8,237
Venator Finance SARL, Term Loan, (3-month USD-LIBOR + 3.00%) 8.159% 8/8/20247,11
3,233
2,047
Warrior Met Coal, Inc. 7.875% 12/1/20288
40,810
41,297
Westlake Chemical Corp. 5.00% 8/15/2046
350
308
Westlake Chemical Corp. 4.375% 11/15/2047
300
241
 
1,311,203
Utilities 0.95%
 
 
 
Abu Dhabi National Energy Company PJSC (TAQA) 4.375% 4/23/20258
5,800
5,791
Abu Dhabi National Energy Company PJSC (TAQA) 4.375% 6/22/20268
200
200
AEP Transmission Co., LLC 3.65% 4/1/2050
250
200
AES Corp. 3.30% 7/15/20258
17,950
17,072
American Electric Power Company, Inc. 4.30% 12/1/2028
3,300
3,252
American Water Cap Corp. 2.80% 5/1/2030
1,200
1,077
AmeriGas Partners, LP 5.50% 5/20/2025
6,850
6,661
Baltimore Gas & Electric 4.55% 6/1/2052
1,950
1,804
Calpine Corp. 5.125% 3/15/20288
12,315
11,392
Calpine Corp. 3.75% 3/1/20318
12,570
10,737
Colbun SA 3.95% 10/11/20278
1,554
1,467
Comisión Federal de Electricidad 4.688% 5/15/20298
14,525
13,165
Commonwealth Edison Co. 3.85% 3/15/2052
5,225
4,343
Consolidated Edison Company of New York, Inc. 3.60% 6/15/2061
8,390
6,446
Consumers Energy Co. 4.625% 5/15/2033
7,850
7,901
Dominion Resources, Inc., junior subordinated, 3.071% 8/15/2024
2,550
2,481
Duke Energy Corp. 4.50% 8/15/2032
12,450
12,091
Duke Energy Corp. 3.50% 6/15/2051
4,500
3,344
Duke Energy Indiana, Inc. 4.90% 7/15/2043
14,785
14,443
Duke Energy Indiana, Inc. 3.25% 10/1/2049
3,100
2,294
Duke Energy Progress, Inc. 4.15% 12/1/2044
2,110
1,840
Edison International 3.55% 11/15/2024
20,475
19,923
Edison International 4.95% 4/15/2025
400
399
Edison International 5.75% 6/15/2027
6,745
6,929
Edison International 4.125% 3/15/2028
5,866
5,606
Edison International 6.95% 11/15/2029
1,650
1,794
EDP Finance BV 3.625% 7/15/20248
10,175
9,962
Electricité de France SA 4.75% 10/13/20358
8,250
7,545
Electricité de France SA 4.875% 9/21/20388
1,750
1,588
Emera US Finance, LP 0.833% 6/15/2024
1,675
1,587
Emera US Finance, LP 2.639% 6/15/2031
2,100
1,708
Emera, Inc. 6.75% 6/15/2076 (3-month USD-LIBOR + 5.44% on 6/15/2026)10
36,024
34,445
Empresa Nacional de Electricidad SA 4.25% 4/15/2024
900
888
Enel Società per Azioni 8.75% 9/24/2073
(USD Semi Annual 30/360 (vs. 3-month USD-LIBOR) + 5.88% on 9/24/2023)8,10
37,337
37,342
Entergy Corp. 2.80% 6/15/2030
6,650
5,850
Entergy Louisiana, LLC 4.20% 9/1/2048
5,125
4,476
Eversource Energy 3.80% 12/1/2023
4,095
4,052
FirstEnergy Corp. 1.60% 1/15/2026
989
910
FirstEnergy Corp. 3.50% 4/1/20288
2,500
2,366
FirstEnergy Corp. 4.10% 5/15/20288
1,325
1,288
FirstEnergy Corp. 2.65% 3/1/2030
2,500
2,162
FirstEnergy Corp. 2.25% 9/1/2030
900
744
FirstEnergy Corp. 3.40% 3/1/2050
15,250
10,704
FirstEnergy Corp., Series B, 4.15% 7/15/2027
49,187
47,905
The Income Fund of America — Page 28 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Utilities (continued)
 
Principal amount
(000)
Value
(000)
FirstEnergy Transmission, LLC 2.866% 9/15/20288
USD
10,750
$9,757
Georgia Power Co. 2.65% 9/15/2029
450
400
Georgia Power Co. 3.70% 1/30/2050
1,862
1,462
Gulf Power Co. 3.30% 5/30/2027
600
578
Interstate Power and Light Co. 3.25% 12/1/2024
3,250
3,162
Israel Electric Corp., Ltd. 8.10% 12/15/20968
4,905
5,891
Jersey Central Power & Light Co. 2.75% 3/1/20328
1,025
870
Mississippi Power Co. 3.95% 3/30/2028
6,437
6,230
Mississippi Power Co. 4.25% 3/15/2042
2,550
2,206
Monongahela Power Co. 3.55% 5/15/20278
2,550
2,434
NextEra Energy Capital Holdings, Inc. 6.051% 3/1/2025
2,975
3,026
Northern States Power Co. 3.20% 4/1/2052
4,715
3,522
Pacific Gas and Electric Co. 4.25% 8/1/2023
10,400
10,364
Pacific Gas and Electric Co. 1.70% 11/15/2023
6,950
6,789
Pacific Gas and Electric Co. 3.85% 11/15/2023
8,710
8,615
Pacific Gas and Electric Co. 3.40% 8/15/2024
4,510
4,386
Pacific Gas and Electric Co. 3.50% 6/15/2025
1,498
1,431
Pacific Gas and Electric Co. 3.15% 1/1/2026
43,225
40,764
Pacific Gas and Electric Co. 2.95% 3/1/2026
22,350
20,860
Pacific Gas and Electric Co. 3.30% 3/15/2027
10,999
10,124
Pacific Gas and Electric Co. 2.10% 8/1/2027
1,034
906
Pacific Gas and Electric Co. 3.30% 12/1/2027
28,000
25,465
Pacific Gas and Electric Co. 3.00% 6/15/2028
7,415
6,600
Pacific Gas and Electric Co. 3.75% 7/1/2028
16,225
15,009
Pacific Gas and Electric Co. 4.65% 8/1/2028
10,211
9,698
Pacific Gas and Electric Co. 4.55% 7/1/2030
64,037
59,561
Pacific Gas and Electric Co. 2.50% 2/1/2031
29,216
23,690
Pacific Gas and Electric Co. 3.25% 6/1/2031
5,850
4,954
Pacific Gas and Electric Co. 6.15% 1/15/2033
5,375
5,459
Pacific Gas and Electric Co. 3.30% 8/1/2040
4,050
2,840
Pacific Gas and Electric Co. 3.75% 8/15/2042
17,045
12,176
Pacific Gas and Electric Co. 3.50% 8/1/2050
5,080
3,319
PacifiCorp 3.30% 3/15/2051
1,150
862
PacifiCorp, First Mortgage Bonds, 4.125% 1/15/2049
11,000
9,506
PG&E Corp. 5.00% 7/1/2028
46,990
44,279
PG&E Corp. 5.25% 7/1/2030
49,330
45,513
Progress Energy, Inc. 7.00% 10/30/2031
4,000
4,502
Public Service Company of Colorado 5.25% 4/1/2053
1,568
1,615
Public Service Electric and Gas Co. 3.15% 1/1/2050
1,950
1,460
Southern California Edison Co. 1.10% 4/1/2024
5,000
4,804
Southern California Edison Co. 3.70% 8/1/2025
450
441
Southern California Edison Co. 4.70% 6/1/2027
1,259
1,269
Southern California Edison Co. 4.20% 3/1/2029
14,250
13,957
Southern California Edison Co. 2.85% 8/1/2029
8,900
8,073
Southern California Edison Co. 2.25% 6/1/2030
176
151
Southern California Edison Co. 2.75% 2/1/2032
5,656
4,886
Southern California Edison Co. 5.75% 4/1/2035
4,400
4,677
Southern California Edison Co. 5.35% 7/15/2035
17,725
17,966
Southern California Edison Co. 5.625% 2/1/2036
16,750
17,432
Southern California Edison Co. 5.55% 1/15/2037
3,556
3,688
Southern California Edison Co. 5.95% 2/1/2038
9,331
10,111
Southern California Edison Co. 4.50% 9/1/2040
19,690
17,784
Southern California Edison Co. 4.00% 4/1/2047
10,192
8,444
Southern California Edison Co. 4.125% 3/1/2048
3,150
2,682
The Income Fund of America — Page 29 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Utilities (continued)
 
Principal amount
(000)
Value
(000)
Southern California Edison Co. 3.65% 2/1/2050
USD
5,611
$4,376
Southern California Edison Co. 3.45% 2/1/2052
2,181
1,616
Southern California Edison Co., Series C, 3.60% 2/1/2045
11,875
9,121
Southern Co. 4.25% 7/1/2036
1,300
1,206
Southern Co. 4.40% 7/1/2046
2,100
1,849
Southwestern Electric Power Co. 1.65% 3/15/2026
5,075
4,654
Talen Energy Corp. 10.50% 1/15/20268,12
10,925
3,537
Talen Energy Corp. 7.25% 5/15/20278
84,119
87,906
Talen Energy Corp., Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.506% 11/13/20237,11
68,515
69,029
Talen Energy Corp., Term Loan B, (3-month USD-LIBOR + 3.75%) 8.32% 7/8/20267,11
29,286
29,945
Talen Energy Supply, LLC 7.625% 6/1/20288
9,340
9,776
Talen Energy Supply, LLC 8.625% 6/1/20308
11,294
11,294
Venture Global Calcasieu Pass, LLC 3.875% 8/15/20298
20,300
18,256
Virginia Electric and Power Co. 2.40% 3/30/2032
4,275
3,587
Wisconsin Power and Light Co. 3.65% 4/1/2050
350
274
Xcel Energy, Inc. 1.75% 3/15/2027
2,850
2,570
Xcel Energy, Inc. 2.60% 12/1/2029
3,500
3,109
Xcel Energy, Inc. 2.35% 11/15/2031
2,525
2,089
 
1,139,018
Consumer staples 0.66%
 
 
 
7-Eleven, Inc. 0.80% 2/10/20248
11,565
11,152
7-Eleven, Inc. 0.95% 2/10/20268
4,700
4,251
7-Eleven, Inc. 1.30% 2/10/20288
6,710
5,797
Albertsons Companies, Inc. 3.50% 3/15/20298
10,585
9,390
Altria Group, Inc. 5.80% 2/14/2039
16,525
16,335
Altria Group, Inc. 3.40% 2/4/2041
8,500
6,020
Altria Group, Inc. 3.875% 9/16/2046
3,347
2,405
Altria Group, Inc. 5.95% 2/14/2049
2,407
2,275
Altria Group, Inc. 3.70% 2/4/2051
7,153
4,801
Anheuser-Busch InBev NV 4.00% 4/13/2028
8,025
7,957
Anheuser-Busch InBev NV 4.95% 1/15/2042
9,095
9,128
Anheuser-Busch InBev NV 4.60% 4/15/2048
700
672
Anheuser-Busch InBev NV 5.55% 1/23/2049
3,550
3,839
Anheuser-Busch InBev NV 4.50% 6/1/2050
3,400
3,217
B&G Foods, Inc. 5.25% 4/1/2025
13,940
13,186
B&G Foods, Inc. 5.25% 9/15/2027
21,515
18,873
British American Tobacco International Finance PLC 3.95% 6/15/20258
13,039
12,767
British American Tobacco International Finance PLC 1.668% 3/25/2026
8,990
8,190
British American Tobacco PLC 3.222% 8/15/2024
8,000
7,785
British American Tobacco PLC 3.215% 9/6/2026
8,308
7,885
British American Tobacco PLC 3.557% 8/15/2027
1,479
1,385
British American Tobacco PLC 4.448% 3/16/2028
8,000
7,690
British American Tobacco PLC 2.259% 3/25/2028
9,610
8,349
British American Tobacco PLC 4.742% 3/16/2032
8,000
7,481
British American Tobacco PLC 4.39% 8/15/2037
2,324
1,898
British American Tobacco PLC 4.54% 8/15/2047
17,053
12,751
British American Tobacco PLC 4.758% 9/6/2049
3,446
2,638
British American Tobacco PLC 5.282% 4/2/2050
1,700
1,414
British American Tobacco PLC 3.984% 9/25/2050
6,534
4,488
Central Garden & Pet Co. 4.125% 10/15/2030
22,866
19,624
Central Garden & Pet Co. 4.125% 4/30/20318
14,745
12,436
Conagra Brands, Inc. 1.375% 11/1/2027
2,000
1,726
Constellation Brands, Inc. 2.25% 8/1/2031
4,463
3,706
The Income Fund of America — Page 30 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Consumer staples (continued)
 
Principal amount
(000)
Value
(000)
Coty, Inc. 5.00% 4/15/20268
USD
2,000
$1,955
Coty, Inc. 4.75% 1/15/20298
14,380
13,515
Darling Ingredients, Inc. 5.25% 4/15/20278
19,295
18,936
Darling Ingredients, Inc. 6.00% 6/15/20308
10,885
10,778
Energizer Holdings, Inc. 4.375% 3/31/20298
14,640
12,815
Imperial Tobacco Finance PLC 6.125% 7/27/20278
4,745
4,906
Ingles Markets, Inc. 4.00% 6/15/20318
21,200
18,333
JBS USA Lux SA 2.50% 1/15/20278
12,702
11,321
JBS USA Lux SA 3.00% 2/2/20298
9,210
7,904
JBS USA Lux SA 5.50% 1/15/20308
1,120
1,071
JBS USA Lux SA 3.625% 1/15/20328
5,113
4,297
JBS USA Lux SA 3.00% 5/15/20328
9,000
7,072
JBS USA Lux SA 5.75% 4/1/20338
27,150
26,082
Kronos Acquisition Holdings, Inc. 5.00% 12/31/20268
26,587
24,631
Kronos Acquisition Holdings, Inc. 7.00% 12/31/20278
15,070
13,261
Lamb Weston Holdings, Inc. 4.125% 1/31/20308
33,025
30,279
Nestlé Holdings, Inc. 4.85% 3/14/20338
22,000
23,070
Nestlé Skin Health SA, Term Loan B3, (3-month USD-LIBOR + 3.75%) 8.909% 10/1/20267,11
45,567
45,133
PepsiCo, Inc. 2.625% 10/21/2041
12,500
9,699
PepsiCo, Inc. 3.625% 3/19/2050
3,109
2,706
PepsiCo, Inc. 2.75% 10/21/2051
6,891
5,075
Performance Food Group, Inc. 5.50% 10/15/20278
12,980
12,734
Performance Food Group, Inc. 4.25% 8/1/20298
12,645
11,523
Philip Morris International, Inc. 4.875% 2/13/2026
23,413
23,547
Philip Morris International, Inc. 0.875% 5/1/2026
10,101
9,113
Philip Morris International, Inc. 5.125% 11/17/2027
6,947
7,118
Philip Morris International, Inc. 4.875% 2/15/2028
22,250
22,457
Philip Morris International, Inc. 5.625% 11/17/2029
3,350
3,501
Philip Morris International, Inc. 5.125% 2/15/2030
12,323
12,458
Philip Morris International, Inc. 1.75% 11/1/2030
9,986
8,070
Post Holdings, Inc. 5.625% 1/15/20288
9,935
9,722
Post Holdings, Inc. 5.50% 12/15/20298
20,825
19,826
Post Holdings, Inc. 4.625% 4/15/20308
42,641
38,552
Prestige Brands International, Inc. 5.125% 1/15/20288
8,162
7,927
Prestige Brands International, Inc. 3.75% 4/1/20318
8,045
6,826
Reynolds American, Inc. 5.70% 8/15/2035
3,130
3,002
Reynolds American, Inc. 5.85% 8/15/2045
18,028
16,323
Simmons Foods, Inc. 4.625% 3/1/20298
35,247
29,158
US Foods, Inc. 4.625% 6/1/20308
12,455
11,402
 
787,609
Real estate 0.59%
 
 
 
Alexandria Real Estate Equities, Inc. 3.95% 1/15/2028
975
930
Alexandria Real Estate Equities, Inc. 2.75% 12/15/2029
4,851
4,213
Alexandria Real Estate Equities, Inc. 3.375% 8/15/2031
2,375
2,086
Alexandria Real Estate Equities, Inc. 1.875% 2/1/2033
7,073
5,356
American Tower Corp. 1.45% 9/15/2026
9,408
8,402
American Tower Corp. 3.55% 7/15/2027
2,525
2,398
American Tower Corp. 2.30% 9/15/2031
2,500
2,028
American Tower Corp. 2.95% 1/15/2051
5,000
3,227
Anywhere Real Estate Group, LLC 5.75% 1/15/20298
25,400
18,887
Anywhere Real Estate Group, LLC 5.25% 4/15/20308
20,205
14,423
Boston Properties, Inc. 6.75% 12/1/2027
25,000
25,479
Brookfield Property REIT, Inc. 5.75% 5/15/20268
17,810
16,194
The Income Fund of America — Page 31 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Real estate (continued)
 
Principal amount
(000)
Value
(000)
Brookfield Property REIT, Inc. 4.50% 4/1/20278
USD
7,860
$6,510
Corporate Office Properties, LP 2.75% 4/15/2031
9,064
6,897
Equinix, Inc. 1.45% 5/15/2026
15,835
14,312
Equinix, Inc. 3.40% 2/15/2052
828
589
Essex Portfolio, LP 3.875% 5/1/2024
5,900
5,819
Essex Portfolio, LP 3.50% 4/1/2025
1,920
1,851
Extra Space Storage, Inc. 2.35% 3/15/2032
2,199
1,752
GLP Capital, LP 3.35% 9/1/2024
2,526
2,447
Hospitality Properties Trust 4.35% 10/1/2024
4,560
4,359
Hospitality Properties Trust 4.50% 3/15/2025
9,825
9,148
Howard Hughes Corp. 5.375% 8/1/20288
62,215
56,240
Howard Hughes Corp. 4.125% 2/1/20298
35,555
29,937
Howard Hughes Corp. 4.375% 2/1/20318
61,765
50,108
Invitation Homes Operating Partnership, LP 2.00% 8/15/2031
3,800
2,933
Iron Mountain, Inc. 4.875% 9/15/20278
10,665
10,183
Iron Mountain, Inc. 5.25% 3/15/20288
17,489
16,847
Iron Mountain, Inc. 5.00% 7/15/20288
15,096
14,232
Iron Mountain, Inc. 4.875% 9/15/20298
9,300
8,496
Iron Mountain, Inc. 5.25% 7/15/20308
33,830
31,203
Iron Mountain, Inc. 4.50% 2/15/20318
19,670
17,128
Kennedy-Wilson Holdings, Inc. 4.75% 3/1/2029
66,867
53,491
Kennedy-Wilson Holdings, Inc. 4.75% 2/1/2030
46,356
35,927
Kennedy-Wilson Holdings, Inc. 5.00% 3/1/2031
53,703
40,765
Ladder Capital Finance Holdings LLLP 5.25% 10/1/20258
4,494
4,230
Ladder Capital Finance Holdings LLLP 4.25% 2/1/20278
22,719
19,400
Medical Properties Trust, Inc. 5.00% 10/15/2027
6,300
5,285
Medical Properties Trust, Inc. 3.50% 3/15/2031
5,178
3,545
Park Intermediate Holdings, LLC 4.875% 5/15/20298
14,600
12,642
Prologis, LP 4.75% 6/15/2033
6,040
6,056
Public Storage 1.85% 5/1/2028
8,037
7,152
Public Storage 1.95% 11/9/2028
8,107
7,129
Public Storage 2.30% 5/1/2031
6,742
5,734
RHP Hotel Properties, LP 4.50% 2/15/20298
12,085
10,893
RLJ Lodging Trust, LP 4.00% 9/15/20298
17,780
14,954
Scentre Group Trust 1 3.50% 2/12/20258
5,455
5,294
Scentre Group Trust 1 3.25% 10/28/20258
10,365
9,907
Scentre Group Trust 1 3.75% 3/23/20278
3,000
2,849
Sun Communities Operating, LP 2.30% 11/1/2028
6,066
5,200
Sun Communities Operating, LP 2.70% 7/15/2031
2,191
1,772
VICI Properties, LP 3.50% 2/15/20258
1,320
1,270
VICI Properties, LP 4.625% 6/15/20258
11,545
11,226
VICI Properties, LP 4.25% 12/1/20268
3,660
3,492
VICI Properties, LP 3.875% 2/15/20298
14,460
13,007
VICI Properties, LP 4.625% 12/1/20298
140
130
VICI Properties, LP 4.125% 8/15/20308
14,885
13,291
WeWork Companies, LLC 5.00% 7/10/20258
41,600
21,963
 
711,218
Information technology 0.47%
 
 
 
Almonde, Inc., Term Loan B, (3-month USD-LIBOR + 3.50%) 8.655% 6/13/20247,11
26,954
25,747
Almonde, Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 12.405% 6/13/20257,11
46,175
39,234
Analog Devices, Inc. 1.70% 10/1/2028
4,459
3,931
Analog Devices, Inc. 2.10% 10/1/2031
3,937
3,352
Analog Devices, Inc. 2.80% 10/1/2041
4,586
3,527
The Income Fund of America — Page 32 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Corporate bonds, notes & loans (continued)
Information technology (continued)
 
Principal amount
(000)
Value
(000)
Analog Devices, Inc. 2.95% 10/1/2051
USD
5,668
$4,124
Apple, Inc. 1.20% 2/8/2028
17,000
15,041
BMC Software, Inc., Term Loan, (3-month USD-LIBOR + 5.50%) 10.525% 2/27/20267,11
3,100
3,007
Booz Allen Hamilton, Inc. 4.00% 7/1/20298
17,037
15,491
Broadcom Corp. 3.875% 1/15/2027
6,974
6,779
Broadcom, Inc. 3.15% 11/15/2025
954
916
Broadcom, Inc. 4.00% 4/15/20298
1,610
1,517
Broadcom, Inc. 4.15% 4/15/20328
5,623
5,138
Broadcom, Inc. 2.60% 2/15/20338
4,117
3,251
Broadcom, Inc. 3.419% 4/15/20338
3,146
2,649
Broadcom, Inc. 3.469% 4/15/20348
31,948
26,408
Broadcom, Inc. 3.187% 11/15/20368
1,250
952
Cloud Software Group, Inc. 9.00% 9/30/20298
17,200
14,796
CommScope Finance, LLC 6.00% 3/1/20268
37,400
35,775
CommScope Finance, LLC 8.25% 3/1/20278
28,806
22,300
CommScope Technologies, LLC 6.00% 6/15/20258
1,635
1,539
CommScope Technologies, LLC 5.00% 3/15/20278
13,150
9,102
CommScope, Inc. 7.125% 7/1/20288
15,469
11,116
Diebold Nixdorf, Inc. 9.375% 7/15/20258
88,594
39,391
Diebold Nixdorf, Inc., units, 8.50% PIK or 8.50% Cash 10/15/20268,9
61,649
11,107
Diebold Nixdorf, Inc., Term Loan, (3-month USD CME Term SOFR + 7.00%) 14.75% 6/5/20232,7,11
11,969
11,969
Diebold Nixdorf, Inc., Term Loan, (3-month USD CME Term SOFR + 5.25%) 10.479% 7/15/20257,11
96,372
46,580
Diebold Nixdorf, Inc., Term Loan, (3-month USD CME Term SOFR + 6.50%) 11.629% 7/15/20257,11
36,606
39,351
Entegris Escrow Corp. 4.75% 4/15/20298
9,145
8,516
Entegris, Inc. 3.625% 5/1/20298
30,000
25,726
Fair Isaac Corp. 4.00% 6/15/20288
22,105
20,625
Gartner, Inc. 4.50% 7/1/20288
17,125
16,123
Gartner, Inc. 3.625% 6/15/20298
6,543
5,800
Gartner, Inc. 3.75% 10/1/20308
5,300
4,634
Microsoft Corp. 2.875% 2/6/2024
6,865
6,761
Microsoft Corp. 2.921% 3/17/2052
6,000
4,604
NCR Corp. 5.125% 4/15/20298
14,700
12,732
Oracle Corp. 5.55% 2/6/2053
7,500
7,215
Rocket Software, Inc. 6.50% 2/15/20298
13,500
11,219
Simon Property Group, LP 3.50% 9/1/2025
3,750
3,624
Simon Property Group, LP 2.65% 7/15/2030
4,100
3,527
Synaptics, Inc. 4.00% 6/15/20298
3,700
3,130
Tibco Software, Inc., Term Loan A, (3-month USD CME Term SOFR + 4.50%) 9.498% 9/29/20287,11
19,930
18,635
Unisys Corp. 6.875% 11/1/20278
3,200
2,134
VeriSign, Inc. 2.70% 6/15/2031
3,020
2,574
Viavi Solutions, Inc. 3.75% 10/1/20298
4,675
3,909
 
565,578
Total corporate bonds, notes & loans
18,989,680
Mortgage-backed obligations 4.09%
Federal agency mortgage-backed obligations 3.77%
 
 
 
Fannie Mae Pool #995265 5.50% 1/1/202413
1
1
Fannie Mae Pool #932119 4.50% 11/1/202413
60
60
Fannie Mae Pool #AD3149 4.50% 4/1/202513
26
26
Fannie Mae Pool #AD6392 4.50% 5/1/202513
53
53
Fannie Mae Pool #AD5692 4.50% 5/1/202513
30
30
Fannie Mae Pool #AD6119 4.50% 6/1/202513
29
29
Fannie Mae Pool #AD8191 4.00% 9/1/202513
42
42
The Income Fund of America — Page 33 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Fannie Mae Pool #AI6180 4.00% 7/1/202613
USD
30
$30
Fannie Mae Pool #AL2940 3.50% 11/1/202713
125
122
Fannie Mae Pool #AL8347 4.00% 3/1/202913
123
122
Fannie Mae Pool #FM8013 5.50% 4/1/203113
333
336
Fannie Mae Pool #BM1231 3.50% 11/1/203113
120
118
Fannie Mae Pool #BJ5674 3.00% 1/1/203313
151
144
Fannie Mae Pool #254767 5.50% 6/1/203313
99
102
Fannie Mae Pool #BJ6249 4.00% 9/1/203313
140
138
Fannie Mae Pool #MA3541 4.00% 12/1/203313
132
130
Fannie Mae Pool #BN1085 4.00% 1/1/203413
8
8
Fannie Mae Pool #MA3611 4.00% 3/1/203413
57
57
Fannie Mae Pool #735228 5.50% 2/1/203513
86
89
Fannie Mae Pool #878099 6.00% 4/1/203613
122
128
Fannie Mae Pool #880426 6.00% 4/1/203613
56
57
Fannie Mae Pool #256308 6.00% 7/1/203613
132
138
Fannie Mae Pool #888795 5.50% 11/1/203613
583
604
Fannie Mae Pool #AS8554 3.00% 12/1/203613
10,832
10,171
Fannie Mae Pool #BE4703 3.00% 12/1/203613
545
511
Fannie Mae Pool #936999 6.00% 7/1/203713
334
344
Fannie Mae Pool #945832 6.50% 8/1/203713
66
69
Fannie Mae Pool #888637 6.00% 9/1/203713
894
933
Fannie Mae Pool #950991 6.00% 10/1/203713
245
252
Fannie Mae Pool #995674 6.00% 5/1/203813
498
520
Fannie Mae Pool #929964 6.00% 9/1/203813
286
298
Fannie Mae Pool #AE0967 3.50% 6/1/203913
82
79
Fannie Mae Pool #AC0479 6.00% 9/1/203913
238
246
Fannie Mae Pool #AE0443 6.50% 10/1/203913
106
112
Fannie Mae Pool #932274 4.50% 12/1/203913
4,522
4,527
Fannie Mae Pool #AD4927 5.00% 6/1/204013
1,306
1,331
Fannie Mae Pool #AE4483 4.00% 9/1/204013
1,165
1,141
Fannie Mae Pool #AE8073 4.00% 12/1/204013
101
99
Fannie Mae Pool #AE0828 3.50% 2/1/204113
34
32
Fannie Mae Pool #AB2470 4.50% 3/1/204113
15
15
Fannie Mae Pool #AI3422 5.00% 5/1/204113
53
54
Fannie Mae Pool #AI4836 5.00% 6/1/204113
47
48
Fannie Mae Pool #MA4387 2.00% 7/1/204113
12,057
10,407
Fannie Mae Pool #AI5571 5.00% 7/1/204113
39
40
Fannie Mae Pool #AI8482 5.00% 8/1/204113
51
52
Fannie Mae Pool #AJ0257 4.00% 9/1/204113
37
36
Fannie Mae Pool #AJ4154 4.00% 11/1/204113
105
103
Fannie Mae Pool #AB4050 4.00% 12/1/204113
198
195
Fannie Mae Pool #AJ4189 4.00% 12/1/204113
120
117
Fannie Mae Pool #FS0305 1.50% 1/1/204213
40,009
32,996
Fannie Mae Pool #890407 4.00% 2/1/204213
271
266
Fannie Mae Pool #AL2745 4.00% 3/1/204213
819
803
Fannie Mae Pool #AB5377 3.50% 6/1/204213
12,184
11,633
Fannie Mae Pool #AO9140 3.50% 7/1/204213
4,010
3,828
Fannie Mae Pool #AU3742 3.50% 8/1/204313
7,816
7,459
Fannie Mae Pool #AU8813 4.00% 11/1/204313
1,541
1,521
Fannie Mae Pool #AU9348 4.00% 11/1/204313
1,056
1,042
Fannie Mae Pool #AU9350 4.00% 11/1/204313
897
878
Fannie Mae Pool #FM9416 3.50% 7/1/204513
83,999
79,395
Fannie Mae Pool #AL8354 3.50% 10/1/204513
4,358
4,130
Fannie Mae Pool #BC0157 3.50% 1/1/204613
20,346
19,223
The Income Fund of America — Page 34 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Fannie Mae Pool #AL8522 3.50% 5/1/204613
USD
9,452
$8,954
Fannie Mae Pool #AS8310 3.00% 11/1/204613
1,551
1,431
Fannie Mae Pool #BM1179 3.00% 4/1/204713
1,838
1,694
Fannie Mae Pool #947661 6.50% 10/1/204713
33
33
Fannie Mae Pool #947554 7.00% 10/1/204713
135
144
Fannie Mae Pool #920015 7.00% 10/1/204713
34
37
Fannie Mae Pool #CA0770 3.50% 11/1/204713
303
287
Fannie Mae Pool #257036 7.00% 11/1/204713
9
10
Fannie Mae Pool #CA0854 3.50% 12/1/204713
5,942
5,610
Fannie Mae Pool #BM4413 4.50% 12/1/204713
3,362
3,346
Fannie Mae Pool #FM7341 4.00% 3/1/204813
29
28
Fannie Mae Pool #CA1542 4.00% 4/1/204813
5,358
5,212
Fannie Mae Pool #BF0293 3.00% 7/1/204813
8,811
8,015
Fannie Mae Pool #BF0318 3.50% 8/1/204813
7,277
6,853
Fannie Mae Pool #FM1784 4.00% 9/1/204813
7,490
7,276
Fannie Mae Pool #CA3184 4.00% 3/1/204913
9,866
9,596
Fannie Mae Pool #FM3280 3.50% 5/1/204913
21,941
20,751
Fannie Mae Pool #CA3807 3.00% 7/1/204913
1,774
1,625
Fannie Mae Pool #CA3806 3.00% 7/1/204913
1,177
1,080
Fannie Mae Pool #CA3814 3.50% 7/1/204913
32,092
30,469
Fannie Mae Pool #CA3976 4.00% 8/1/204913
55,606
53,902
Fannie Mae Pool #FM1668 4.00% 8/1/204913
5,583
5,406
Fannie Mae Pool #CA4112 3.50% 9/1/204913
36,021
34,198
Fannie Mae Pool #FM1589 3.50% 9/1/204913
3,147
2,955
Fannie Mae Pool #CA4432 4.00% 10/1/204913
6,270
6,068
Fannie Mae Pool #FM1954 3.50% 11/1/204913
4,907
4,608
Fannie Mae Pool #CA4756 3.00% 12/1/204913
21,937
19,984
Fannie Mae Pool #CA4802 3.50% 12/1/204913
27,189
25,755
Fannie Mae Pool #CA4804 3.50% 12/1/204913
23,714
22,386
Fannie Mae Pool #FM2092 3.50% 12/1/204913
13,438
12,686
Fannie Mae Pool #CA5968 2.50% 6/1/205013
17,901
15,705
Fannie Mae Pool #CA6593 2.50% 8/1/205013
789
692
Fannie Mae Pool #MA4119 2.00% 9/1/205013
74,890
62,601
Fannie Mae Pool #CA7028 2.50% 9/1/205013
2,708
2,375
Fannie Mae Pool #MA4158 2.00% 10/1/205013
50,909
42,586
Fannie Mae Pool #CA7599 2.50% 11/1/205013
48,037
42,186
Fannie Mae Pool #FM4897 3.00% 11/1/205013
30,819
28,351
Fannie Mae Pool #MA4208 2.00% 12/1/205013
47,444
39,646
Fannie Mae Pool #CA8046 3.00% 12/1/205013
9,161
8,416
Fannie Mae Pool #CA8285 3.00% 12/1/205013
2,959
2,712
Fannie Mae Pool #CA8480 2.50% 1/1/205113
72,205
63,632
Fannie Mae Pool #CA8828 2.50% 2/1/205113
43,604
38,296
Fannie Mae Pool #CA9302 3.00% 2/1/205113
42,570
39,057
Fannie Mae Pool #CA8969 3.00% 2/1/205113
3,895
3,529
Fannie Mae Pool #CA8968 3.00% 2/1/205113
767
693
Fannie Mae Pool #CB0290 2.00% 4/1/205113
15,437
12,894
Fannie Mae Pool #MA4325 2.00% 5/1/205113
193,364
161,468
Fannie Mae Pool #CB0449 2.00% 5/1/205113
137,743
114,790
Fannie Mae Pool #FM7873 2.00% 7/1/205113
12,930
10,794
Fannie Mae Pool #CB1304 3.00% 8/1/205113
1,358
1,235
Fannie Mae Pool #FM8676 3.00% 9/1/205113
9,790
8,814
Fannie Mae Pool #CB2099 3.00% 11/1/205113
2,336
2,102
Fannie Mae Pool #CB2319 2.50% 12/1/205113
4,799
4,196
Fannie Mae Pool #CB2375 2.50% 12/1/205113
4,715
4,115
The Income Fund of America — Page 35 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Fannie Mae Pool #CB2372 2.50% 12/1/205113
USD
2,309
$2,018
Fannie Mae Pool #BT9483 2.50% 12/1/205113
2,307
2,017
Fannie Mae Pool #BT9510 2.50% 12/1/205113
1,849
1,618
Fannie Mae Pool #CB2286 2.50% 12/1/205113
1,073
938
Fannie Mae Pool #BV3080 2.00% 2/1/205213
58,274
48,608
Fannie Mae Pool #BV3076 2.00% 2/1/205213
41,240
34,395
Fannie Mae Pool #CB2765 2.00% 2/1/205213
31,071
26,110
Fannie Mae Pool #FS0647 3.00% 2/1/205213
67,078
61,438
Fannie Mae Pool #FS1194 3.00% 2/1/205213
12,986
11,893
Fannie Mae Pool #BV1089 4.00% 2/1/205213
44
42
Fannie Mae Pool #CB3177 3.50% 3/1/205213
52,919
49,245
Fannie Mae Pool #CB3417 3.50% 4/1/205213
24,722
22,990
Fannie Mae Pool #BX0506 4.00% 10/1/205213
782
748
Fannie Mae Pool #CB5404 4.00% 1/1/205313
782
748
Fannie Mae Pool #BF0167 3.00% 2/1/205713
850
767
Fannie Mae Pool #BF0145 3.50% 3/1/205713
15,206
14,224
Fannie Mae Pool #BF0264 3.50% 5/1/205813
12,886
11,990
Fannie Mae Pool #BF0332 3.00% 1/1/205913
67,115
60,543
Fannie Mae Pool #BM6736 4.50% 11/1/205913
22,189
21,832
Fannie Mae Pool #BF0497 3.00% 7/1/206013
15,437
13,468
Fannie Mae Pool #BF0548 3.00% 7/1/206113
5,756
5,098
Fannie Mae, Series 2001-4, Class GA, 9.00% 4/17/20257,13
—
3
—
3
Fannie Mae, Series 2001-4, Class NA, 9.00% 10/25/20257,13
—
3
—
3
Fannie Mae, Series 2007-24, Class P, 6.00% 3/25/203713
154
164
Fannie Mae, Series 2007-33, Class HE, 5.50% 4/25/203713
318
331
Fannie Mae, Series 2001-50, Class BA, 7.00% 10/25/204113
89
91
Fannie Mae, Series 2002-W3, Class A5, 7.50% 11/25/204113
84
91
Fannie Mae, Series 2001-T10, Class A1, 7.00% 12/25/204113
104
107
Fannie Mae, Series 2002-W1, Class 2A, 4.841% 2/25/20427,13
219
215
Fannie Mae, Series 2013-M14, Class A2, Multi Family, 3.329% 10/25/20237,13
2,607
2,580
Fannie Mae, Series 2014-M2, Class A2, Multi Family, 3.513% 12/25/20237,13
2,617
2,581
Fannie Mae, Series 2014-M3, Class A2, Multi Family, 3.501% 1/25/20247,13
1,563
1,538
Fannie Mae, Series 2014-M9, Class A2, Multi Family, 3.103% 7/25/20247,13
4,092
3,993
Fannie Mae, Series 2017-M3, Class A2, Multi Family, 2.553% 12/25/20267,13
12,568
11,765
Freddie Mac Pool #J38387 3.00% 1/1/203313
30
29
Freddie Mac Pool #G04805 4.50% 12/1/203513
2,450
2,457
Freddie Mac Pool #K93766 3.00% 12/1/203613
421
396
Freddie Mac Pool #K93772 3.00% 12/1/203613
352
331
Freddie Mac Pool #G04553 6.50% 9/1/203813
244
257
Freddie Mac Pool #G08353 4.50% 7/1/203913
201
202
Freddie Mac Pool #A87892 5.00% 8/1/203913
498
509
Freddie Mac Pool #A87873 5.00% 8/1/203913
214
217
Freddie Mac Pool #G05937 4.50% 8/1/204013
4,708
4,733
Freddie Mac Pool #A96488 5.00% 1/1/204113
14
14
Freddie Mac Pool #Q01746 4.50% 7/1/204113
145
145
Freddie Mac Pool #Q02676 4.50% 8/1/204113
303
301
Freddie Mac Pool #Q02849 4.50% 8/1/204113
264
263
Freddie Mac Pool #G07189 4.50% 3/1/204213
435
437
Freddie Mac Pool #G07221 4.50% 6/1/204213
787
791
Freddie Mac Pool #Q23190 4.00% 11/1/204313
1,341
1,314
Freddie Mac Pool #Q23185 4.00% 11/1/204313
1,103
1,090
Freddie Mac Pool #Z40130 3.00% 1/1/204613
5,239
4,796
Freddie Mac Pool #G60559 4.00% 4/1/204613
5,948
5,806
Freddie Mac Pool #Q41090 4.50% 6/1/204613
551
550
The Income Fund of America — Page 36 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Freddie Mac Pool #Q41909 4.50% 7/1/204613
USD
1,277
$1,273
Freddie Mac Pool #V82662 4.00% 10/1/204613
4,331
4,228
Freddie Mac Pool #Q44400 4.00% 11/1/204613
4,100
4,001
Freddie Mac Pool #G61733 3.00% 12/1/204713
6,603
6,063
Freddie Mac Pool #G61628 3.50% 9/1/204813
663
626
Freddie Mac Pool #SD0045 4.50% 11/1/204813
17,409
17,326
Freddie Mac Pool #ZN3568 4.50% 2/1/204913
8
7
Freddie Mac Pool #Q63663 3.00% 5/1/204913
5,077
4,621
Freddie Mac Pool #SD7503 3.50% 8/1/204913
3,576
3,378
Freddie Mac Pool #SD7508 3.50% 10/1/204913
14,309
13,503
Freddie Mac Pool #RA1744 4.00% 11/1/204913
24,406
23,633
Freddie Mac Pool #QA5125 3.50% 12/1/204913
19,390
18,367
Freddie Mac Pool #RA2596 2.50% 5/1/205013
15,103
13,215
Freddie Mac Pool #SD7525 2.50% 10/1/205013
15,237
13,381
Freddie Mac Pool #SD8106 2.00% 11/1/205013
53,384
44,610
Freddie Mac Pool #SD7528 2.00% 11/1/205013
22,141
18,669
Freddie Mac Pool #RA5287 2.00% 5/1/205113
20,632
17,255
Freddie Mac Pool #RA5288 2.00% 5/1/205113
11,513
9,629
Freddie Mac Pool #SD7544 3.00% 7/1/205113
5,642
5,143
Freddie Mac Pool #QC6749 3.00% 7/1/205113
4,036
3,653
Freddie Mac Pool #QC4360 3.00% 7/1/205113
2,966
2,674
Freddie Mac Pool #QC4415 3.00% 7/1/205113
496
447
Freddie Mac Pool #QC3826 3.00% 7/1/205113
137
123
Freddie Mac Pool #QC5996 3.00% 8/1/205113
142
128
Freddie Mac Pool #SD7545 2.50% 9/1/205113
4,151
3,645
Freddie Mac Pool #RA5782 2.50% 9/1/205113
634
553
Freddie Mac Pool #RA5971 3.00% 9/1/205113
27,940
25,384
Freddie Mac Pool #QC6456 3.00% 9/1/205113
4,654
4,192
Freddie Mac Pool #QC7504 3.00% 9/1/205113
153
138
Freddie Mac Pool #SD0734 3.00% 10/1/205113
1,675
1,522
Freddie Mac Pool #RA6483 2.50% 12/1/205113
4,084
3,564
Freddie Mac Pool #SD7552 2.50% 1/1/205213
13,873
12,124
Freddie Mac Pool #SD7551 3.00% 1/1/205213
64,307
58,422
Freddie Mac Pool #SD0813 3.00% 1/1/205213
3,788
3,439
Freddie Mac Pool #SD0803 3.00% 1/1/205213
416
374
Freddie Mac Pool #QD7089 3.50% 2/1/205213
7,225
6,727
Freddie Mac Pool #SD7553 3.00% 3/1/205213
6,245
5,683
Freddie Mac Pool #SD7554 2.50% 4/1/205213
29,817
26,100
Freddie Mac Pool #QD9278 3.50% 4/1/205213
4,631
4,313
Freddie Mac Pool #SD8214 3.50% 5/1/205213
774
720
Freddie Mac Pool #QE3580 3.50% 6/1/205213
6,950
6,463
Freddie Mac Pool #QE5462 4.00% 7/1/205213
24,441
23,389
Freddie Mac Pool #SD7556 3.00% 8/1/205213
55,124
49,935
Freddie Mac Pool #SD2067 4.00% 8/1/205213
37,742
36,107
Freddie Mac Pool #QE8467 4.00% 8/1/205213
34,389
32,903
Freddie Mac Pool #RA7938 5.00% 9/1/205213
2,908
2,898
Freddie Mac Pool #QF1862 4.00% 10/1/205213
14,998
14,345
Freddie Mac Pool #SD8282 6.50% 1/1/205313
38,829
40,097
Freddie Mac, Series 3257, Class PA, 5.50% 12/15/203613
337
351
Freddie Mac, Series 3286, Class JN, 5.50% 2/15/203713
256
267
Freddie Mac, Series 3318, Class JT, 5.50% 5/15/203713
134
140
Freddie Mac, Series K045, Class A2, Multi Family, 3.023% 1/25/202513
15,340
14,872
Freddie Mac, Series K730, Class A2, Multi Family, 3.59% 1/25/20257,13
20,495
20,067
Freddie Mac, Series KPLB, Class A, Multi Family, 2.77% 5/25/202513
16,464
15,911
The Income Fund of America — Page 37 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Freddie Mac, Series K732, Class A2, Multi Family, 3.70% 5/25/202513
USD
13,402
$13,159
Freddie Mac, Series K049, Class A2, Multi Family, 3.01% 7/25/202513
9,145
8,870
Freddie Mac, Series K733, Class A2, Multi Family, 3.75% 8/25/20257,13
5,898
5,799
Freddie Mac, Series K734, Class A2, Multi Family, 3.208% 2/25/202613
11,055
10,732
Freddie Mac, Series K067, Class A2, Multi Family, 3.194% 7/25/202713
7,695
7,416
Freddie Mac, Series K076, Class A2, Multi Family, 3.90% 4/25/202813
4,164
4,128
Freddie Mac, Series K143, Class A2, Multi Family, 2.35% 6/25/203213
35,930
31,126
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 1/25/20567,13
2,172
2,051
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class MA, 3.00% 1/25/205613
316
297
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HA, 3.25% 7/25/20567,13
2,210
2,100
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 8/25/205613
3,323
3,133
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 8/25/20567,13
3,278
3,093
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 6/25/20577,13
574
534
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 6/25/205713
468
440
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class M45T, 4.50% 6/25/205713
1,006
987
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.50% 8/25/205813
6,530
6,248
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-4, Class MA, 3.00% 2/25/205913
4,744
4,465
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 11/25/202813
2,374
2,275
Government National Mortgage Assn. 2.00% 5/1/205313,14
64,175
54,961
Government National Mortgage Assn. 2.50% 5/1/205313,14
25,441
22,480
Government National Mortgage Assn. 3.00% 5/1/205313,14
90,000
82,132
Government National Mortgage Assn. 4.00% 5/1/205313,14
7,524
7,234
Government National Mortgage Assn. 4.50% 5/1/205313,14
75,466
74,045
Government National Mortgage Assn. 4.50% 6/1/205313,14
16,500
16,200
Government National Mortgage Assn. Pool #783687 4.50% 12/20/204113
329
328
Government National Mortgage Assn. Pool #BD3903 4.00% 1/20/204813
5,088
4,919
Government National Mortgage Assn. Pool #BE3194 4.00% 1/20/204813
1,223
1,183
Government National Mortgage Assn. Pool #MA5192 4.00% 5/20/204813
3,991
3,878
Government National Mortgage Assn. Pool #MA8150 4.00% 7/20/205213
25
24
Government National Mortgage Assn., Series 2021-2, Class AH, 1.50% 6/16/206313
4,754
3,751
Uniform Mortgage-Backed Security 2.00% 5/1/205313,14
234,852
195,409
Uniform Mortgage-Backed Security 2.50% 5/1/205313,14
244,505
211,731
Uniform Mortgage-Backed Security 3.00% 5/1/205313,14
42,505
38,181
Uniform Mortgage-Backed Security 3.50% 5/1/205313,14
50,976
47,368
Uniform Mortgage-Backed Security 4.00% 5/1/205313,14
111,719
106,796
Uniform Mortgage-Backed Security 4.50% 5/1/205313,14
67,557
66,045
Uniform Mortgage-Backed Security 5.00% 5/1/205313,14
28,325
28,165
Uniform Mortgage-Backed Security 5.50% 5/1/205313,14
16,345
16,480
Uniform Mortgage-Backed Security 6.00% 5/1/205313,14
154
157
Uniform Mortgage-Backed Security 2.00% 6/1/205313,14
274,329
228,556
Uniform Mortgage-Backed Security 2.50% 6/1/205313,14
416,500
361,192
Uniform Mortgage-Backed Security 3.00% 6/1/205313,14
59,600
53,603
Uniform Mortgage-Backed Security 3.50% 6/1/205313,14
66,729
62,068
Uniform Mortgage-Backed Security 4.00% 6/1/205313,14
126,110
120,671
Uniform Mortgage-Backed Security 4.50% 6/1/205313,14
68,600
67,097
Uniform Mortgage-Backed Security 5.00% 6/1/205313,14
174,505
173,544
Uniform Mortgage-Backed Security 5.50% 6/1/205313,14
28,000
28,227
Uniform Mortgage-Backed Security 6.00% 6/1/205313,14
42,832
43,617
Uniform Mortgage-Backed Security 6.50% 6/1/205313,14
1,932
1,992
 
4,517,063
The Income Fund of America — Page 38 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Commercial mortgage-backed securities 0.21%
 
Principal amount
(000)
Value
(000)
Bank Commercial Mortgage Trust, Series 2019-BN16, Class A4, 4.005% 2/15/205213
USD
1,810
$1,725
Bank Commercial Mortgage Trust, Series 2019-BN17, Class A4, 3.714% 4/15/205213
240
225
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A5, 3.688% 2/15/206113
480
454
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A4, 3.428% 2/17/206113
301
283
Bank Commercial Mortgage Trust, Series 2018-BN12, Class A4, 4.255% 5/15/20617,13
5,772
5,603
Bank Commercial Mortgage Trust, Series 2019-BN19, Class A3, 3.183% 8/15/206113
2,403
2,135
Bank Commercial Mortgage Trust, Series 2020-BN26, Class A4, 2.403% 3/15/206313
3,772
3,225
Benchmark Mortgage Trust, Series 2018-B8, Class A5, 4.232% 1/15/205213
5,996
5,723
Benchmark Mortgage Trust, Series 2020-B17, Class A5, 2.289% 3/15/205313
3,146
2,639
Benchmark Mortgage Trust, Series 2018-B7, Class A4, 4.51% 5/15/20537,13
1,844
1,787
BX Trust, Series 2021-SDMF, Class A, (1-month USD-LIBOR + 0.589%) 5.537% 9/15/20347,8,13
9,923
9,551
BX Trust, Series 2021-VOLT, Class A, (1-month USD-LIBOR + 0.70%) 5.648% 9/15/20367,8,13
7,624
7,367
BX Trust, Series 2021-VOLT, Class B, (1-month USD-LIBOR + 0.95%) 5.898% 9/15/20367,8,13
220
211
BX Trust, Series 2021-ARIA, Class A, (1-month USD-LIBOR + 0.899%) 5.847% 10/15/20367,8,13
11,621
11,235
BX Trust, Series 2021-ARIA, Class B, (1-month USD-LIBOR + 1.297%) 6.245% 10/15/20367,8,13
9,946
9,542
BX Trust, Series 2022-IND, Class A, (1-month USD CME Term SOFR + 1.491%) 6.381% 4/15/20377,8,13
9,915
9,792
BX Trust, Series 2021-SOAR, Class A, (1-month USD-LIBOR + 0.67%) 5.618% 6/15/20387,8,13
11,240
10,888
BX Trust, Series 2021-SOAR, Class B, (1-month USD-LIBOR + 0.87%) 5.818% 6/15/20387,8,13
1,979
1,902
BX Trust, Series 2021-SOAR, Class C, (1-month USD-LIBOR + 1.10%) 6.048% 6/15/20387,8,13
1,786
1,705
BX Trust, Series 2021-ACNT, Class A, (1-month USD-LIBOR + 0.85%) 5.798% 11/15/20387,8,13
10,508
10,232
BX Trust, Series 2022-AHP, Class A, (1-month USD CME Term SOFR + 0.99%) 5.88% 2/15/20397,8,13
9,667
9,407
Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 2/10/204913
1,440
1,374
Citigroup Commercial Mortgage Trust, Series 2016-C1, Class AS, 3.514% 5/10/204913
350
325
Commercial Mortgage Trust, Series 2014-LC15, Class AM, 4.198% 4/10/204713
550
537
CSAIL Commercial Mortgage Trust, Series 2015-C1, Class B, 4.044% 4/15/20507,13
450
400
Deutsche Bank Commercial Mortgage Trust, Series 2016-C1, Class AM, 3.539% 5/10/204913
400
373
Extended Stay America Trust, Series 2021-ESH, Class A, (1-month USD-LIBOR + 1.08%) 6.028% 7/15/20387,8,13
4,406
4,299
Extended Stay America Trust, Series 2021-ESH, Class B, (1-month USD-LIBOR + 1.38%) 6.328% 7/15/20387,8,13
4,021
3,907
Extended Stay America Trust, Series 2021-ESH, Class C, (1-month USD-LIBOR + 1.70%) 6.648% 7/15/20387,8,13
4,200
4,061
Extended Stay America Trust, Series 2021-ESH, Class D, (1-month USD-LIBOR + 2.25%) 7.198% 7/15/20387,8,13
1,842
1,773
GS Mortgage Securities Trust, Series 2022-SHIP, Class A, (1-month USD CME Term SOFR + 0.731%)
5.621% 8/15/20247,8,13
2,633
2,616
GS Mortgage Securities Trust, Series 2022-SHIP, Class B, (1-month USD CME Term SOFR + 1.424%)
6.314% 8/15/20247,8,13
879
871
GS Mortgage Securities Trust, Series 2022-SHIP, Class D, (1-month USD CME Term SOFR + 1.607%)
6.496% 8/15/20247,8,13
2,032
1,991
GS Mortgage Securities Trust, Series 2022-SHIP, Class C, (1-month USD CME Term SOFR + 1.919%)
8.148% 8/15/20247,8,13
1,362
1,345
GS Mortgage Securities Trust, Series 2017-GS7, Class A4, 3.43% 8/10/205013
940
871
GS Mortgage Securities Trust, Series 2019-GC38, Class A4, 3.968% 2/10/205213
240
228
GS Mortgage Securities Trust, Series 2020-GC47, Class A5, 2.377% 5/12/205313
6,571
5,556
JPMBB Commercial Mortgage Securities Trust, Series 2014-C18, Class A5, 4.079% 2/15/204713
7,735
7,580
JPMDB Commercial Mortgage Securities Trust, Series 2017-C5, Class A5, 3.694% 3/15/205013
1,510
1,427
JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class A5, 3.409% 10/15/205013
560
524
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class A, 3.024% 1/5/20398,13
3,928
3,263
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.377% 1/5/20398,13
1,735
1,413
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.565% 1/5/20397,8,13
1,569
1,234
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2021-410T, Class A, 2.287% 3/5/20428,13
4,858
3,907
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2016-JP4, Class A4, 3.648% 12/15/20497,13
4,810
4,565
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class B, (1-month USD-LIBOR + 1.40%)
6.348% 10/15/20387,8,13
1,989
1,928
Manhattan West Mortgage Trust, Series 2020-1MW, Class A, 2.13% 9/10/20398,13
15,628
13,549
MHC Commercial Mortgage Trust, CMO, Series 2021-MHC, Class A, (1-month USD-LIBOR + 0.801%)
5.749% 4/15/20267,8,13
6,365
6,222
The Income Fund of America — Page 39 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Commercial mortgage-backed securities (continued)
 
Principal amount
(000)
Value
(000)
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C17, Class A5, 3.741% 8/15/204713
USD
4,811
$4,676
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class A-4, 3.306% 4/15/204813
960
918
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS, 3.561% 4/15/204813
2,795
2,649
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C24, Class AS, 4.036% 5/15/20487,13
3,230
3,073
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2016-C32, Class A-4, 3.72% 12/15/204913
580
551
Morgan Stanley Capital I Trust, Series 2015-UBS8, Class AS, 4.114% 12/15/204813
1,000
944
SLG Office Trust, Series 2021-OVA, Class A, 2.585% 7/15/20418,13
5,645
4,606
SREIT Trust, Series 2021-MFP, Class A, (1-month USD-LIBOR + 0.731%) 5.679% 11/15/20387,8,13
9,616
9,295
StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class A, (1-month USD CME Term SOFR + 1.00%)
5.89% 1/15/20397,8,13
19,555
19,031
Wells Fargo Commercial Mortgage Trust, Series 2015-SG1, Class A-4, 3.789% 9/15/204813
5,605
5,398
Wells Fargo Commercial Mortgage Trust, Series 2016-C34, Class AS, 3.484% 6/15/204913
185
172
Wells Fargo Commercial Mortgage Trust, Series 2016-C37, Class A5, 3.794% 12/15/204913
6,015
5,725
Wells Fargo Commercial Mortgage Trust, Series 2019-C54, Class A4, 3.146% 12/15/205213
2,405
2,147
Wells Fargo Commercial Mortgage Trust, Series 2016-NXS5, Class AS, 3.988% 1/15/205913
150
141
Wells Fargo Commercial Mortgage Trust, Series 2017-RC1, Class A4, 3.631% 1/15/206013
480
454
WMRK Commercial Mortgage Trust, Series 2022-WMRK, Class A, (1-month USD CME Term SOFR + 2.789%)
7.679% 11/15/20277,8,13
13,994
13,996
 
255,546
Collateralized mortgage-backed obligations (privately originated) 0.11%
 
 
 
Arroyo Mortgage Trust, Series 2021-1R, Class A1, 1.175% 10/25/20487,8,13
3,013
2,481
Arroyo Mortgage Trust, Series 2020-1, Class A1A, 1.662% 3/25/20558,13
374
346
BRAVO Residential Funding Trust, Series 2020-RPL2, Class A1, 2.00% 5/25/20597,8,13
2,086
1,907
BRAVO Residential Funding Trust, Series 2020-RPL1, Class A1, 2.50% 5/26/20597,8,13
1,311
1,247
BRAVO Residential Funding Trust, Series 2022-R1, Class A,
3.125% 1/29/2070 (6.125% on 1/29/2025)8,10,13
6,198
5,614
Cascade Funding Mortgage Trust, Series 2018-RM2, Class A, 4.00% 10/25/20687,8,13
1,083
1,052
Citigroup Mortgage Loan Trust, Series 2020-EXP1, Class A1A, 1.804% 5/25/20607,8,13
467
428
COLT Mortgage Loan Trust, Series 2021-5, Class A1, 1.726% 11/26/20667,8,13
2,762
2,358
Connecticut Avenue Securities Trust, Series 2021-R01, Class 1M1, (30-day Average USD-SOFR + 0.75%)
5.565% 10/25/20417,8,13
215
214
Countrywide Alternative Loan Trust, Series 2005-54CB, Class 2A5, 5.50% 11/25/203513
1,712
1,015
Countrywide Alternative Loan Trust, Series 2007-HY4, Class 3A1, 3.58% 6/25/20477,13
967
815
Credit Suisse Mortgage Trust, Series 2020-NET, Class A, 2.257% 8/15/20378,13
10,711
9,676
CS First Boston Mortgage Securities Corp., Series 2004-5, Class IVA1, 6.00% 9/25/203413
288
280
Finance of America Structured Securities Trust, Series 2019-JR1, Class A, 2.00% 3/25/20698,13
5,641
6,100
Finance of America Structured Securities Trust, Series 2019-JR2, Class A1, 2.00% 6/25/20698,13
6,153
6,423
Finance of America Structured Securities Trust, Series 2019-JR3, Class A, 2.00% 9/25/20698,13
1,894
1,973
Finance of America Structured Securities Trust, Series 2019-JR4, Class A, 2.00% 11/25/20698,13
2,133
2,125
Flagstar Mortgage Trust, Series 2021-5INV, Class A2, 2.50% 7/25/20517,8,13
6,785
5,607
Flagstar Mortgage Trust, Series 2021-6INV, Class A4, 2.50% 8/25/20517,8,13
6,334
5,234
Flagstar Mortgage Trust, Series 2021-8INV, Class A3, 2.50% 9/25/20517,8,13
6,582
5,440
Flagstar Mortgage Trust, Series 2021-10INV, Class A3, 2.50% 10/25/20517,8,13
2,871
2,373
Flagstar Mortgage Trust, Series 2021-11INV, Class A4, 2.50% 11/25/20517,8,13
7,276
6,013
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1A,
(30-day Average USD-SOFR + 2.15%) 6.965% 9/25/20427,8,13
2,006
2,021
Home Partners of America Trust, Series 2021-2, Class A, 1.901% 12/17/20268,13
6,227
5,554
Hundred Acre Wood Trust, Series 2021-INV1, Class A3, 2.50% 7/25/20517,8,13
1,267
1,047
IndyMac INDX Mortgage Loan Trust, Series 2006-AR5, Class 2A1, 3.353% 5/25/20367,13
1,333
1,144
JPMorgan Mortgage Trust, Series 2020-INV1, Class A3, 3.50% 8/25/20507,8,13
597
541
Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.75% 4/25/20617,8,13
1,097
1,039
Mello Warehouse Securitization Trust, Series 2021-3, Class A,
(1-month USD-LIBOR + 0.85%) 5.87% 11/25/20557,8,13
6,060
5,979
The Income Fund of America — Page 40 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Mortgage-backed obligations (continued)
Collateralized mortgage-backed obligations (privately originated) (continued)
 
Principal amount
(000)
Value
(000)
Onslow Bay Financial Mortgage Loan Trust, Series 2022-J1, Class A2, 2.50% 2/25/20527,8,13
USD
5,487
$4,535
Progress Residential Trust, Series 2022-SFR3, Class A, 3.20% 4/17/20398,13
2,734
2,535
Sequoia Mortgage Trust, Series 2018-CH1, Class A1, 4.00% 2/25/20487,8,13
175
166
Structured Adjustable Rate Mortgage Loan Trust, Series 2006-4, Class 6A, 3.848% 5/25/20367,13
1,130
732
Towd Point Mortgage Trust, Series 2023-1, Class A1, 3.75% 1/25/20638,13
7,625
7,190
Treehouse Park Improvement Assn. No.1 - Anleihen 9.75% 12/1/20332,8
10,004
8,849
Verus Securitization Trust, Series 2023-1, Class A1, 5.85% 12/25/2067 (6.85% on 1/1/2027)8,10,13
2,173
2,176
VM Fund I, LLC 8.625% 1/15/20282,8
16,924
16,670
 
128,899
Total mortgage-backed obligations
4,901,508
U.S. Treasury bonds & notes 2.71%
U.S. Treasury 2.41%
 
 
 
U.S. Treasury 6.25% 8/15/2023
7,100
7,135
U.S. Treasury 0.125% 8/31/2023
1,890
1,860
U.S. Treasury 3.25% 8/31/2024
135,693
133,498
U.S. Treasury 4.25% 12/31/2024
250,000
249,885
U.S. Treasury 3.875% 3/31/2025
11,648
11,600
U.S. Treasury 4.00% 2/15/2026
217,979
219,225
U.S. Treasury 3.75% 4/15/2026
1,042
1,042
U.S. Treasury 0.875% 9/30/2026
5,558
5,065
U.S. Treasury 1.125% 10/31/2026
1,963
1,800
U.S. Treasury 1.625% 11/30/2026
20,000
18,656
U.S. Treasury 2.75% 4/30/2027
1,000
968
U.S. Treasury 0.50% 8/31/2027
10,000
8,775
U.S. Treasury 3.875% 12/31/2027
245,000
248,472
U.S. Treasury 3.625% 3/31/2028
444,125
446,363
U.S. Treasury 4.00% 2/28/2030
153,328
158,010
U.S. Treasury 1.625% 5/15/2031
31,156
27,307
U.S. Treasury 4.125% 11/15/2032
238,060
251,286
U.S. Treasury 3.50% 2/15/2033
299,422
301,200
U.S. Treasury 1.375% 11/15/204015
74,316
51,443
U.S. Treasury 1.75% 8/15/2041
17,045
12,408
U.S. Treasury 2.00% 11/15/2041
11,924
9,033
U.S. Treasury 2.375% 2/15/204215
47,717
38,532
U.S. Treasury 3.875% 2/15/2043
29,982
30,305
U.S. Treasury 2.875% 11/15/2046
27,970
23,895
U.S. Treasury 2.875% 5/15/2049
25,000
21,435
U.S. Treasury 2.00% 2/15/2050
20,000
14,198
U.S. Treasury 2.375% 5/15/2051
2,224
1,710
U.S. Treasury 2.00% 8/15/2051
1,710
1,204
U.S. Treasury 4.00% 11/15/205215
504,982
536,227
U.S. Treasury 3.625% 2/15/2053
51,500
51,065
 
2,883,602
U.S. Treasury inflation-protected securities 0.30%
 
 
 
U.S. Treasury Inflation-Protected Security 0.25% 1/15/202516
44,447
43,157
U.S. Treasury Inflation-Protected Security 0.375% 7/15/202516
46,739
45,506
U.S. Treasury Inflation-Protected Security 0.125% 10/15/202516
6,260
6,050
U.S. Treasury Inflation-Protected Security 0.125% 4/15/202616
70,967
67,997
U.S. Treasury Inflation-Protected Security 0.125% 10/15/202616
33,022
31,632
U.S. Treasury Inflation-Protected Security 1.625% 10/15/202716
30,969
31,471
U.S. Treasury Inflation-Protected Security 0.875% 1/15/202916
71,473
69,971
The Income Fund of America — Page 41 of 54
unaudited
Bonds, notes & other debt instruments (continued)
U.S. Treasury bonds & notes (continued)
U.S. Treasury inflation-protected securities (continued)
 
Principal amount
(000)
Value
(000)
U.S. Treasury Inflation-Protected Security 0.25% 7/15/202916
USD
4,998
$4,720
U.S. Treasury Inflation-Protected Security 0.125% 1/15/203116
44,167
40,617
U.S. Treasury Inflation-Protected Security 1.50% 2/15/205316
23,874
23,840
 
364,961
Total U.S. Treasury bonds & notes
3,248,563
Asset-backed obligations 1.20%
 
 
 
Affirm Asset Securitization Trust, Series 2021-Z2, Class A, 1.17% 11/16/20268,13
1,069
1,029
AGL CLO, Ltd., Series 2023-24, Class A1, (3-month USD CME Term SOFR + 2.00%) 6.89% 7/25/20367,8,13
11,606
11,614
Allegro CLO, Ltd., Series 2016-1A, Class AR2, (3-month USD-LIBOR + 0.95%) 6.21% 1/15/20307,8,13
7,218
7,166
Allegro CLO, Ltd., Series 2017-1A, Class AR, (3-month USD-LIBOR + 0.95%) 6.21% 10/16/20307,8,13
6,197
6,091
American Credit Acceptance Receivables Trust, Series 2020-3, Class C, 1.85% 6/15/20268,13
1,208
1,201
American Credit Acceptance Receivables Trust, Series 2021-1, Class C, 0.83% 3/15/20278,13
982
967
American Credit Acceptance Receivables Trust, Series 2021-1, Class D, 1.14% 3/15/20278,13
1,201
1,149
American Credit Acceptance Receivables Trust, Series 2021-3, Class C, 0.98% 11/15/20278,13
5,737
5,605
American Credit Acceptance Receivables Trust, Series 2021-3, Class D, 1.34% 11/15/20278,13
2,531
2,367
American Express Credit Account Master Trust, Series 2018-9, Class A, (1-month USD-LIBOR + 0.38%)
5.328% 4/15/20267,13
20,000
20,002
American Express Credit Account Master Trust, Series 2022-3, Class A, 3.75% 8/16/202713
27,949
27,541
AmeriCredit Automobile Receivables Trust, Series 2023-1, Class A2A, 5.84% 10/19/202613
8,143
8,164
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class B, 0.69% 1/19/202713
3,042
2,872
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class C, 1.01% 1/19/202713
3,382
3,105
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class D, 1.29% 6/18/202713
7,972
7,216
Ares CLO, Ltd., Series 2017-42A, Class AR, (3-month USD-LIBOR + 0.92%) 6.193% 1/22/20287,8,13
7,366
7,316
Avis Budget Rental Car Funding (AESOP), LLC, Series 2018-1A, Class A, 3.70% 9/20/20248,13
1,392
1,387
Avis Budget Rental Car Funding (AESOP), LLC, Series 2018-2A, Class A, 4.00% 3/20/20258,13
9,400
9,293
Avis Budget Rental Car Funding (AESOP), LLC, Series 2019-3A, Class A, 2.36% 3/20/20268,13
3,125
2,968
Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-1A, Class D, 3.34% 8/20/20268,13
8,500
7,501
Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2, Class A, 2.02% 2/20/20278,13
5,663
5,221
Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2A, Class B, 2.96% 2/20/20278,13
1,453
1,356
Avis Budget Rental Car Funding (AESOP), LLC, Series 2020-2, Class A, 4.25% 2/20/20278,13
4,605
4,330
Avis Budget Rental Car Funding (AESOP), LLC, Series 2021-1A, Class A, 1.38% 8/20/20278,13
29,959
26,834
Avis Budget Rental Car Funding (AESOP), LLC, Series 2021-1A, Class B, 1.63% 8/20/20278,13
1,699
1,499
Avis Budget Rental Car Funding (AESOP), LLC, Series 2021-1A, Class C, 2.13% 8/20/20278,13
551
482
Avis Budget Rental Car Funding (AESOP), LLC, Series 2021-1A, Class D, 3.71% 8/20/20278,13
5,000
4,215
BA Credit Card Trust, Series 2022-A2, Class A2, 5.00% 4/17/202813
14,798
15,012
Ballyrock CLO, Ltd., Series 2019-2A, Class A1AR, (3-month USD-LIBOR + 1.00%) 5.915% 11/20/20307,8,13
14,211
14,099
Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 11/17/20338,13
748
700
Blackbird Capital II Aircraft Lease, Ltd. / Blackbird Capital II Aircraft Lease US, LLC, Series 2021-1, Class A,
2.443% 7/15/20468,13
7,858
6,907
Blackbird Capital II Aircraft Lease, Ltd. / Blackbird Capital II Aircraft Lease US, LLC, Series 2021-1, Class B,
3.446% 7/15/20468,13
1,354
1,134
CarMax Auto Owner Trust, Series 2019-2, Class C, 3.16% 2/18/202513
450
449
CarMax Auto Owner Trust, Series 2023-2, Class A2A, 5.50% 6/15/202613
8,812
8,821
CarMax Auto Owner Trust, Series 2021-1, Class C, 0.94% 12/15/202613
313
289
CarMax Auto Owner Trust, Series 2021-1, Class D, 1.28% 7/15/202713
307
281
Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.72% 9/11/202813
1,101
1,058
Carvana Auto Receivables Trust, Series 2021-N4, Class A2, 1.80% 9/11/202813
1,948
1,801
Castlelake Aircraft Securitization Trust, Series 2021-1, Class A, 2.868% 5/11/20378,13
11,941
10,629
Castlelake Aircraft Securitization Trust, Series 2021-1, Class C, 3.464% 5/11/20378,13
7,294
6,336
Castlelake Aircraft Securitization Trust, Series 2021-1, Class C, 6.171% 5/11/20378,13
14,185
11,873
Castlelake Aircraft Securitization Trust, Series 2017-1R, Class A, 2.741% 8/15/20418,13
1,940
1,770
Cent CLO, Ltd., Series 2014-21A, Class AR, (3-month USD-LIBOR + 0.97%) 6.262% 7/27/20307,8,13
19,317
19,086
The Income Fund of America — Page 42 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Asset-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 7/15/20608,13
USD
23,958
$21,766
CF Hippolyta, LLC, Series 2020-1, Class A2, 1.99% 7/15/20608,13
5,843
4,976
CF Hippolyta, LLC, Series 2020-1, Class B1, 2.28% 7/15/20608,13
5,327
4,809
CF Hippolyta, LLC, Series 2020-1, Class B2, 2.60% 7/15/20608,13
567
480
CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 3/15/20618,13
15,080
13,282
CF Hippolyta, LLC, Series 2021-1, Class B1, 1.98% 3/15/20618,13
2,847
2,443
CF Hippolyta, LLC, Series 2022-1, Class A1, 5.97% 8/15/20628,13
23,129
23,064
CF Hippolyta, LLC, Series 2022-1, Class A2, 6.11% 8/15/20628,13
19,138
19,106
Citibank Credit Card Issuance Trust, Series 2017-A5, Class A5, (1-month USD-LIBOR + 0.62%)
5.63% 4/22/20267,13
9,919
9,934
CLI Funding VI, LLC, Series 2020-2A, Class A, 2.03% 9/15/20458,13
3,391
3,010
CLI Funding VI, LLC, Series 2020-1A, Class A, 2.08% 9/18/20458,13
1,420
1,262
CLI Funding VI, LLC, Series 2020-3A, Class A, 2.07% 10/18/20458,13
8,867
7,908
CLI Funding VIII, LLC, Series 2021-1A, Class A, 1.64% 2/18/20468,13
16,091
14,034
CLI Funding VIII, LLC, Series 2021-1A, Class A, 2.38% 2/18/20468,13
625
527
CPS Auto Receivables Trust, Series 2019-C, Class D, 3.17% 6/16/20258,13
170
170
CPS Auto Receivables Trust, Series 2021-A, Class C, 0.83% 9/15/20268,13
347
345
CPS Auto Receivables Trust, Series 2021-A, Class D, 1.16% 12/15/20268,13
883
845
CWHEQ Revolving Home Equity Loan Trust, Series 2006-I, Class 2A, FSA insured, (1-month USD-LIBOR + 0.14%)
5.088% 1/15/20377,13
265
236
CWHEQ Revolving Home Equity Loan Trust, Series 2007-B, Class A, FSA insured, (1-month USD-LIBOR + 0.15%)
5.098% 2/15/20377,13
454
420
Discover Card Execution Note Trust, Series 2018-A6, Class A6, (1-month USD-LIBOR + 0.39%)
5.338% 3/15/20267,13
26,000
25,998
Drive Auto Receivables Trust, Series 2019-3, Class D, 3.18% 10/15/202613
8,678
8,608
Drive Auto Receivables Trust, Series 2021-1, Class C, 1.02% 6/15/202713
5,520
5,420
Drive Auto Receivables Trust, Series 2021-1, Class D, 1.45% 1/16/202913
6,079
5,736
DriveTime Auto Owner Trust, Series 2019-2A, Class D, 3.48% 2/18/20258,13
1,508
1,503
DriveTime Auto Owner Trust, Series 2019-3, Class D, 2.96% 4/15/20258,13
1,257
1,245
DriveTime Auto Owner Trust, Series 2020-3A, Class C, 1.47% 6/15/20268,13
1,640
1,603
DriveTime Auto Owner Trust, Series 2021-1A, Class C, 0.84% 10/15/20268,13
1,232
1,199
DriveTime Auto Owner Trust, Series 2022-3, Class A, 6.05% 10/15/20268,13
11,511
11,535
DriveTime Auto Owner Trust, Series 2021-1A, Class D, 1.16% 11/16/20268,13
671
625
DriveTime Auto Owner Trust, Series 2021-2A, Class B, 0.81% 1/15/20278,13
1,198
1,187
DriveTime Auto Owner Trust, Series 2021-2A, Class C, 1.10% 2/16/20278,13
1,847
1,779
DriveTime Auto Owner Trust, Series 2021-2A, Class D, 1.50% 2/16/20278,13
1,247
1,166
DriveTime Auto Owner Trust, Series 2023-2, Class A, 5.88% 4/15/20278,13
9,457
9,469
Dryden Senior Loan Fund, CLO, Series 2017-47A, Class A1R, (3-month USD-LIBOR + 0.98%)
6.24% 4/15/20287,8,13
18,037
17,920
EDvestinU Private Education Loan, LLC, Series 2021-A, Class A, 1.80% 11/25/20458,13
1,544
1,357
Enterprise Fleet Financing, LLC, Series 2022-1, Class A2, 3.03% 1/20/20288,13
9,818
9,577
Enterprise Fleet Financing, LLC, Series 2022-3, Class A3, 4.29% 7/20/20298,13
3,349
3,282
Enterprise Fleet Financing, LLC, Series 2022-3, Class A2, 4.38% 7/20/20298,13
10,200
10,052
Enterprise Fleet Financing, LLC, Series 2022-4, Class A2, 5.76% 10/22/20298,13
11,497
11,577
Exeter Automobile Receivables Trust, Series 2019-2A, Class D, 3.71% 3/17/20258,13
2,833
2,809
Exeter Automobile Receivables Trust, Series 2020-3A, Class C, 1.32% 7/15/202513
376
374
Exeter Automobile Receivables Trust, Series 2019-3A, Class D, 3.11% 8/15/20258,13
3,309
3,266
Exeter Automobile Receivables Trust, Series 2022-6, Class A2, 5.73% 11/17/202513
2,387
2,385
Exeter Automobile Receivables Trust, Series 2020-1A, Class D, 2.73% 12/15/20258,13
1,093
1,073
Exeter Automobile Receivables Trust, Series 2021-2, Class C, 0.98% 6/15/202613
5,524
5,390
Exeter Automobile Receivables Trust, Series 2020-3A, Class D, 1.73% 7/15/202613
1,786
1,739
Exeter Automobile Receivables Trust, Series 2021-2, Class D, 1.40% 4/15/202713
8,065
7,501
Exeter Automobile Receivables Trust, Series 2022-4A, Class C, 4.92% 12/15/202813
3,484
3,435
FirstKey Homes Trust, Series 2020-SFR2, Class A, 1.266% 10/19/20378,13
10,061
9,161
FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.145% 5/17/20398,13
4,215
4,041
The Income Fund of America — Page 43 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Asset-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Flagship Credit Auto Trust, Series 2022-4, Class A2, 6.15% 9/15/20268,13
USD
6,544
$6,555
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 1/15/20308,13
10,105
10,065
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.52% 7/15/20308,13
5,634
5,555
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 7/15/20318,13
3,650
3,542
Ford Credit Auto Owner Trust, Series 2020-1, Class A, 2.04% 8/15/20318,13
23,146
21,978
GCI Funding I, LLC, Series 2020-1, Class A, 2.82% 10/18/20458,13
3,733
3,359
GCI Funding I, LLC, Series 2021-1, Class A, 2.38% 6/18/20468,13
1,512
1,312
GCI Funding I, LLC, Series 2021-1, Class B, 3.04% 6/18/20468,13
114
95
Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 10/17/20408,13
8,688
7,909
Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 11/19/20408,13
15,812
14,381
Global SC Finance VII SRL, Series 2021-1A, Class A, 1.86% 4/17/20418,13
25,695
22,458
Global SC Finance VII SRL, Series 2021-2A, Class A, 1.95% 8/17/20418,13
22,184
19,612
Global SC Finance VII SRL, Series 2021-2A, Class B, 2.49% 8/17/20418,13
2,082
1,794
GoldenTree Loan Opportunities XI, Ltd., CLO, Series 2015-11A, Class AR2, (3-month USD-LIBOR + 1.07%)
6.332% 1/18/20317,8,13
5,250
5,224
Hertz Vehicle Financing III, LLC, Series 2021-A, Class B, 3.65% 6/30/20232,8,13
10,370
10,108
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class A, 1.21% 12/26/20258,13
22,756
21,351
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class B, 1.56% 12/26/20258,13
3,534
3,304
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class C, 2.05% 12/26/20258,13
1,744
1,618
Hertz Vehicle Financing III, LLC, Series 2022-4A, Class A, 3.73% 9/25/20268,13
15,340
14,871
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class A, 1.68% 12/27/20278,13
18,858
16,798
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class B, 2.12% 12/27/20278,13
3,369
2,980
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class C, 2.52% 12/27/20278,13
1,850
1,610
Hertz Vehicle Financing III, LLC, Series 2022-2A, Class A, 2.33% 6/26/20288,13
8,300
7,449
Hertz Vehicle Financing III, LLC, Series 2022-5A, Class A, 3.89% 9/25/20288,13
7,264
6,940
Honda Auto Receivables Owner Trust, Series 2023-1, Class A2, 5.22% 10/21/202513
2,696
2,692
Honda Auto Receivables Owner Trust, Series 2023-1, Class A3, 5.04% 4/21/202713
2,567
2,588
LAD Auto Receivables Trust, Series 2022-1, Class A, 5.21% 6/15/20278,13
1,625
1,614
Madison Park Funding, Ltd., CLO, Series 2015-17A, Class AR2, (3-month USD-LIBOR + 1.00%)
6.261% 7/21/20307,8,13
21,518
21,354
Marathon CLO, Ltd., Series 2017-9A, Class A1AR, (3-month USD-LIBOR + 1.15%) 6.41% 4/15/20297,8,13
6,522
6,472
Mission Lane Credit Card Master Trust, Series 2021-A, Class A, 1.59% 9/15/20268,13
3,039
2,962
Mission Lane Credit Card Master Trust, Series 2022-A, Class A, 6.92% 9/15/20278,13
13,019
12,868
Navient Student Loan Trust, Series 2021-C, Class A, 1.06% 10/15/20698,13
7,740
6,775
Navient Student Loan Trust, Series 2021-G, Class A, 1.58% 4/15/20708,13
10,325
9,024
Navigator Aircraft ABS, Ltd., Series 2021-1, Class A, 2.771% 11/15/20468,13
17,920
15,740
Nelnet Student Loan Trust, Series 2021-C, Class AFX, 1.32% 4/20/20628,13
15,850
14,295
Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36% 4/20/20628,13
8,778
7,963
Nelnet Student Loan Trust, Series 2021-B, Class AFX, 1.42% 4/20/20628,13
15,384
13,964
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 10/20/20618,13
64,437
56,067
Newark BSL CLO 2, Ltd., Series 2017-1A, Class A1R, (3-month USD-LIBOR + 0.97%) 6.225% 7/25/20307,8,13
6,617
6,547
OCP CLO, Ltd., Series 2018-15A, Class A1, (3-month USD-LIBOR + 1.10%) 6.35% 7/20/20317,8,13
5,450
5,409
Palmer Square Loan Funding, CLO, Series 2021-1, Class A1, (3-month USD-LIBOR + 0.90%)
6.15% 4/20/20297,8,13
747
742
Palmer Square Loan Funding, CLO, Series 2021-4A, Class A1, (3-month USD-LIBOR + 0.80%)
6.06% 10/15/20297,8,13
15,091
14,939
Palmer Square Loan Funding, CLO, Series 2021-4A, Class A2, (3-month USD-LIBOR + 1.40%)
6.66% 10/15/20297,8,13
8,409
8,182
Palmer Square Loan Funding, CLO, Series 2022-5, Class A1, (3-month USD CME Term SOFR + 1.56%)
6.546% 1/15/20317,8,13
17,857
17,794
PFS Financing Corp., Series 2022-D, Class A, 4.27% 8/16/20278,13
4,091
4,031
PFS Financing Corp., Series 2022-D, Class B, 4.90% 8/16/20278,13
431
425
PG&E Wildfire Recovery Funding, LLC, Series 2022-A, Class A2, 4.263% 6/1/203613
4,926
4,817
PPM CLO, Ltd., Series 2022-6, Class A, (3-month USD CME Term SOFR + 2.45%) 7.025% 1/20/20317,8,13
19,894
19,920
Prestige Auto Receivables Trust, Series 2019-1A, Class C, 2.70% 10/15/20248,13
404
403
The Income Fund of America — Page 44 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Asset-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Prestige Auto Receivables Trust, Series 2019-1A, Class D, 3.01% 8/15/20258,13
USD
1,895
$1,878
Race Point CLO, Ltd., Series 2015-9A, Class A1A2, (3-month USD-LIBOR + 0.94%) 6.20% 10/15/20307,8,13
17,779
17,597
Santander Drive Auto Receivables Trust, Series 2022-5, Class A2, 3.98% 1/15/202513
4,704
4,692
Santander Drive Auto Receivables Trust, Series 2019-2, Class D, 3.22% 7/15/202513
1,150
1,146
Santander Drive Auto Receivables Trust, Series 2020-1, Class C, 4.11% 12/15/202513
8,561
8,515
Santander Drive Auto Receivables Trust, Series 2020-3, Class C, 1.12% 1/15/202613
917
914
Santander Drive Auto Receivables Trust, Series 2022-7, Class A2, 5.81% 1/15/202613
3,859
3,859
Santander Drive Auto Receivables Trust, Series 2021-2, Class C, 0.90% 6/15/202613
6,092
5,985
Santander Drive Auto Receivables Trust, Series 2022-5, Class A3, 4.11% 8/17/202613
8,984
8,881
Santander Drive Auto Receivables Trust, Series 2020-3, Class D, 1.64% 11/16/202613
4,422
4,299
Santander Drive Auto Receivables Trust, Series 2022-5, Class B, 4.43% 3/15/202713
2,542
2,504
Santander Drive Auto Receivables Trust, Series 2021-2, Class D, 1.35% 7/15/202713
4,938
4,685
Santander Drive Auto Receivables Trust, Series 2021-3, Class C, 0.95% 9/15/202713
4,974
4,853
Santander Drive Auto Receivables Trust, Series 2021-3, Class D, 1.33% 9/15/202713
3,708
3,490
Santander Drive Auto Receivables Trust, Series 2022-5, Class C, 4.74% 10/15/202813
2,374
2,336
SLAM, Ltd., Series 2021-1, Class A, 2.434% 6/15/20468,13
7,967
6,954
SLAM, Ltd., Series 2021-1, Class B, 3.422% 6/15/20468,13
1,466
1,231
SOLRR Aircraft Aviation Holding, Ltd., Series 2021-1, Class A, 2.636% 10/15/20468,13
9,766
8,479
SPRITE, Ltd., Series 2021-1, Class A, 3.75% 11/15/20468,13
15,710
14,135
Stellar Jay Ireland DAC, Series 2021-1, Class A, 3.967% 10/15/20418,13
7,607
6,176
Stonepeak Infrastructure Partners, Series 2021-1A, Class AA, 2.301% 2/28/20338,13
5,767
5,306
Stonepeak Infrastructure Partners, Series 2021-1A, Class A, 2.675% 2/28/20338,13
5,605
5,040
Stratus Static CLO, Ltd., Series 2022-3, Class A, (3-month USD CME Term SOFR + 2.15%) 7.198% 10/20/20317,8,13
14,355
14,389
Stratus Static CLO, Ltd., Series 2022-3, Class B, (3-month USD CME Term SOFR + 3.05%) 8.098% 10/20/20317,8,13
5,706
5,729
SuttonPark Structured Settlements, Series 2021-1, Class A, 1.95% 9/15/20758,13
4,513
4,169
TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 9/20/20458,13
4,480
4,016
Texas Natural Gas Securitization Finance Corp., Series 2023-1, Class A1, 5.102% 4/1/203513
10,462
10,994
Textainer Marine Containers, Ltd., Series 2020-1A, Class A, 2.73% 8/21/20458,13
6,486
5,996
Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 9/20/20458,13
6,417
5,749
Textainer Marine Containers, Ltd., Series 2021-1A, Class A, 1.68% 2/20/20468,13
12,381
10,726
Textainer Marine Containers, Ltd., Series 2021-1A, Class B, 2.52% 2/20/20468,13
533
453
Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 4/20/20468,13
16,309
14,300
TIF Funding II, LLC, Series 2020-1A, Class A, 2.09% 8/20/20458,13
6,959
6,179
TIF Funding II, LLC, Series 2021-1A, Class A, 1.65% 2/20/20468,13
5,499
4,668
TIF Funding II, LLC, Series 2021-1A, Class B, 2.54% 2/20/20468,13
198
164
Toyota Auto Loan Extended Note Trust, Series 2020-1, Class A, 1.35% 5/25/20338,13
18,828
17,576
Toyota Lease Owner Trust, Series 2023-A, Class A2, 5.30% 8/20/20258,13
8,554
8,584
Triton Container Finance VIII, LLC, Series 2020-1, Class A, 2.11% 9/20/20458,13
24,268
21,353
Triton Container Finance VIII, LLC, Series 2021-1, Class A, 1.86% 3/20/20468,13
12,702
10,983
Triton Container Finance VIII, LLC, Series 2021-1A, Class B, 2.58% 3/20/20468,13
503
423
Verizon Master Trust, Series 2023-2, Class A, 4.89% 4/13/202813
19,090
19,180
Verizon Master Trust, Series 2023-1, Class A, 4.49% 1/22/2029 (5.24% on 1/20/2026)10,13
17,018
17,020
Verizon Master Trust, Series 2023-3, Class A, 4.73% 4/21/20318,13
20,266
20,336
Westlake Automobile Receivables Trust, Series 2022-3, Class A2, 5.24% 7/15/20258,13
10,868
10,841
Westlake Automobile Receivables Trust, Series 2020-3A, Class C, 1.24% 11/17/20258,13
3,016
2,968
Westlake Automobile Receivables Trust, Series 2020-3A, Class D, 1.65% 2/17/20268,13
6,549
6,250
Westlake Automobile Receivables Trust, Series 2023-1, Class A2A, 5.51% 6/15/20268,13
4,244
4,241
Westlake Automobile Receivables Trust, Series 2021-2, Class B, 0.62% 7/15/20268,13
5,157
5,046
Westlake Automobile Receivables Trust, Series 2021-2, Class C, 0.89% 7/15/20268,13
6,654
6,336
Westlake Automobile Receivables Trust, Series 2023-2, Class A2A, 5.87% 7/15/20268,13
10,868
10,873
Westlake Automobile Receivables Trust, Series 2021-2, Class D, 1.23% 12/15/20268,13
4,413
4,103
Westlake Automobile Receivables Trust, Series 2023-2, Class A3, 5.80% 2/16/20278,13
8,177
8,226
The Income Fund of America — Page 45 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Asset-backed obligations (continued)
 
Principal amount
(000)
Value
(000)
Westlake Automobile Receivables Trust, Series 2022-1A, Class D, 3.49% 3/15/20278,13
USD
2,924
$2,777
Westlake Automobile Receivables Trust, Series 2023-1, Class A3, 5.21% 1/18/20288,13
1,754
1,753
 
1,437,176
Municipals 0.30%
California 0.01%
 
 
 
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-A-1,
2.158% 6/1/2026
2,170
1,997
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-A-1,
2.332% 6/1/2027
3,010
2,716
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B,
2.746% 6/1/2034
785
663
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B,
3.293% 6/1/2042
1,855
1,459
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B,
3.00% 6/1/2046
3,915
3,633
 
10,468
Guam 0.00%
 
 
 
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2021-A, 3.839% 10/1/2036
400
323
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2021-A, 4.46% 10/1/2043
525
406
 
729
Illinois 0.24%
 
 
 
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-C,
6.319% 11/1/2029
28,045
28,669
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2015-C,
5.25% 12/1/2039
120
121
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2009-E,
6.138% 12/1/2039
54,555
52,249
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-D,
6.519% 12/1/2040
11,385
10,851
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Qualified School Construction Bonds),
Series 2009-G, 1.75% 12/15/2025
23,140
20,881
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-C,
5.00% 12/1/2026
110
114
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A,
Assured Guaranty Municipal insured, 5.00% 12/1/2026
100
104
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A,
Assured Guaranty Municipal insured, 5.00% 12/1/2028
650
703
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C,
Assured Guaranty Municipal insured, 5.00% 12/1/2028
800
865
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A,
Assured Guaranty Municipal insured, 5.00% 12/1/2029
300
323
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-C,
Assured Guaranty Municipal insured, 5.00% 12/1/2029
550
592
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-C,
5.00% 12/1/2030
220
228
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A,
Assured Guaranty Municipal insured, 5.00% 12/1/2030
200
215
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-D,
5.00% 12/1/2031
100
104
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A,
Assured Guaranty Municipal insured, 5.00% 12/1/2031
350
377
The Income Fund of America — Page 46 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Municipals (continued)
Illinois (continued)
 
Principal amount
(000)
Value
(000)
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A,
Assured Guaranty Municipal insured, 5.00% 12/1/2032
USD
350
$376
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A,
Assured Guaranty Municipal insured, 5.00% 12/1/2033
200
215
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H,
5.00% 12/1/2036
100
102
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-G,
5.00% 12/1/2044
140
139
City of Chicago, Board of Education, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2017-H,
5.00% 12/1/2046
390
387
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% 12/1/2042
190
189
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% 12/1/2031
350
247
G.O. Bonds, Series 2013-B, 4.91% 4/1/2027
3,230
3,244
G.O. Bonds, Pension Funding, Series 2003, 4.95% 6/1/2023
3,881
3,878
G.O. Bonds, Pension Funding, Series 2003, 5.10% 6/1/2033
155,890
156,704
G.O. Bonds, Taxable Build America Bonds, Series 2010-1, 6.63% 2/1/2035
3,484
3,728
G.O. Bonds, Taxable Build America Bonds, Series 2010-3, 6.725% 4/1/2035
4,500
4,841
G.O. Bonds, Taxable Build America Bonds, Series 2010-5, 7.35% 7/1/2035
325
359
 
290,805
New York 0.01%
 
 
 
Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C,
1.187% 3/15/2026 (escrowed to maturity)
4,635
4,249
Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C,
1.748% 3/15/2028
7,675
6,807
 
11,056
Ohio 0.02%
 
 
 
Cleveland-Cuyahoga Port Auth., Federal Lease Rev. Bonds
(VA Cleveland Health Care Center Project), Series 2021, 4.425% 5/1/2031
27,690
24,153
Wisconsin 0.02%
 
 
 
Public Fin. Auth., Federal Lease Rev. Bonds (Fort Sam Acquisition Fncg.), Series 2022, 4.95% 3/1/2034
22,690
21,607
Total municipals
358,818
Bonds & notes of governments & government agencies outside the U.S. 0.10%
 
 
 
Abu Dhabi (Emirate of) 2.50% 4/16/20258
7,800
7,532
Abu Dhabi (Emirate of) 3.125% 4/16/20308
7,800
7,447
Abu Dhabi (Emirate of) 1.70% 3/2/20318
1,700
1,454
Abu Dhabi (Emirate of) 3.875% 4/16/20508
5,350
4,603
Colombia (Republic of) 7.50% 2/2/2034
8,970
8,624
European Investment Bank 0.75% 10/26/2026
9,910
8,951
Morocco (Kingdom of) 3.00% 12/15/20328
6,000
4,866
Morocco (Kingdom of) 4.00% 12/15/20508
6,000
4,132
OMERS Finance Trust 3.50% 4/19/20328
7,941
7,489
OMERS Finance Trust 4.00% 4/19/20528
7,941
6,744
Panama (Republic of) 3.298% 1/19/2033
7,940
6,731
Panama (Republic of) 4.50% 1/19/2063
2,065
1,528
Peru (Republic of) 1.862% 12/1/2032
8,550
6,627
Peru (Republic of) 2.78% 12/1/2060
12,800
7,887
PT Indonesia Asahan Aluminium Tbk 5.80% 5/15/20508
1,510
1,372
The Income Fund of America — Page 47 of 54
unaudited
Bonds, notes & other debt instruments (continued)
Bonds & notes of governments & government agencies outside the U.S. (continued)
 
Principal amount
(000)
Value
(000)
Swedish Export Credit Corp. 3.625% 9/3/2024
USD
11,420
$11,272
United Mexican States 2.659% 5/24/2031
9,162
7,757
United Mexican States 4.875% 5/19/2033
3,900
3,787
United Mexican States 6.338% 5/4/2053
1,125
1,162
United Mexican States 3.771% 5/24/2061
5,180
3,587
 
113,552
Total bonds, notes & other debt instruments (cost: $31,024,094,000)
29,049,297
Short-term securities 8.89%
Money market investments 8.85%
 
Shares
 
Capital Group Central Cash Fund 4.92%4,17
105,975,983
10,596,539
Money market investments purchased with collateral from securities on loan 0.04%
 
 
 
Capital Group Central Cash Fund 4.92%4,17,18
242,823
24,280
Invesco Short-Term Investments Trust – Government & Agency Portfolio,
Institutional Class 4.78%17,18
7,887,386
7,887
Goldman Sachs Financial Square Government Fund, Institutional Shares 4.76%17,18
6,800,000
6,800
BlackRock Liquidity Funds – FedFund, Institutional Shares 4.75%17,18
2,100,000
2,100
Morgan Stanley Institutional Liquidity Funds – Government Portfolio,
Institutional Class 4.78%17,18
2,100,000
2,100
Dreyfus Treasury Obligations Cash Management, Institutional Shares 4.73%17,18
1,200,000
1,200
RBC Funds Trust – U.S. Government Money Market Fund,
RBC Institutional Class 1 4.76%17,18
1,200,000
1,200
Fidelity Investments Money Market Government Portfolio, Class I 4.73%17,18
800,000
800
State Street Institutional U.S. Government Money Market Fund,
Premier Class 4.76%17,18
800,000
800
 
47,167
Total short-term securities (cost: $10,643,129,000)
10,643,706
Total investment securities 101.22% (cost: $99,558,145,000)
121,209,998
Other assets less liabilities (1.22)%
(1,463,118
)
Net assets 100.00%
$119,746,880
Futures contracts
 
Contracts
Type
Number of
contracts
Expiration
Notional
amount
(000)
Value and
unrealized
(depreciation)
appreciation
at 4/30/2023
(000)
30 Day Federal Funds Futures
Long
1,488
April 2023
USD
590,101
$(284
)
2 Year U.S. Treasury Note Futures
Long
16,971
June 2023
3,498,810
(17,435
)
5 Year U.S. Treasury Note Futures
Long
25,492
June 2023
2,797,548
(961
)
10 Year Euro-Bund Futures
Short
1,363
June 2023
(203,596
)
1,168
10 Year Japanese Government Bond Futures
Short
335
June 2023
(365,379
)
(5,833
)
10 Year U.S. Treasury Note Futures
Long
7,144
June 2023
823,011
(3,624
)
10 Year Ultra U.S. Treasury Note Futures
Short
7,961
June 2023
(966,888
)
(3,236
)
The Income Fund of America — Page 48 of 54
unaudited
Futures contracts (continued)
Contracts
Type
Number of
contracts
Expiration
Notional
amount
(000)
Value and
unrealized
(depreciation)
appreciation
at 4/30/2023
(000)
20 Year U.S. Treasury Bond Futures
Long
69
June 2023
USD
9,084
$422
30 Year Ultra U.S. Treasury Bond Futures
Long
1,181
June 2023
167,001
(137
)
 
 
 
 
$(29,920
)
Swap contracts
Interest rate swaps
Centrally cleared interest rate swaps 
Receive
Pay
Expiration
date
Notional
amount
(000)
Value at
4/30/2023
(000)
Upfront
premium
paid
(000)
Unrealized
(depreciation)
appreciation
at 4/30/2023
(000)
Rate
Payment
frequency
Rate
Payment
frequency
4.1645%
Annual
SOFR
Annual
1/24/2025
USD7,898
$(12
)
$—
$(12
)
4.16253%
Annual
SOFR
Annual
1/24/2025
488,327
(750
)
—
(750
)
3.7025%
Annual
SOFR
Annual
3/28/2025
341,900
(2,691
)
—
(2,691
)
3.7515%
Annual
SOFR
Annual
3/28/2025
395,800
(2,762
)
—
(2,762
)
3.699%
Annual
SOFR
Annual
3/28/2025
410,300
(3,256
)
—
(3,256
)
SOFR
Annual
3.2015%
Annual
1/19/2033
105,329
(206
)
—
(206
)
SOFR
Annual
3.1205%
Annual
1/20/2033
105,351
502
—
502
SOFR
Annual
3.16653%
Annual
1/24/2033
108,884
103
—
103
SOFR
Annual
3.18606%
Annual
1/24/2033
100,671
(69
)
—
(69
)
 
 
 
 
$(9,141
)
$—
$(9,141
)
Credit default swaps
Centrally cleared credit default swaps on credit indices — buy protection 
Reference
index
Financing
rate paid
Payment
frequency
Expiration
date
Notional
amount
(000)
Value at
4/30/2023
(000)
Upfront
premium
received
(000)
Unrealized
depreciation
at 4/30/2023
(000)
CDX.NA.IG.40
1.00%
Quarterly
6/20/2028
USD96,555
$(1,080
)
$(526
)
$(554
)
CDX.NA.HY.40
5.00%
Quarterly
6/20/2028
339,480
(4,701
)
(4,139
)
(562
)
 
 
 
$(5,781
)
$(4,665
)
$(1,116
)
Investments in affiliates4
 
 
Value of
affiliates at
8/1/2022
(000)
Additions
(000)
Reductions
(000)
Net
realized
(loss) gain
(000)
Net
unrealized
(depreciation)
appreciation
(000)
Value of
affiliates at
4/30/2023
(000)
Dividend
income
(000)
Common stocks 1.23%
Consumer staples 0.02%
Viva Wine Group AB1
$20,068
$1,833
$—
$—
$(3,941
)
$17,960
$—
Health care 0.05%
Rotech Healthcare, Inc.2,5,6
55,404
—
—
—
2,715
58,119
—
Industrials 0.17%
ManpowerGroup, Inc.
213,497
—
—
—
(7,351
)
206,146
3,703
The Income Fund of America — Page 49 of 54
unaudited
Investments in affiliates4 (continued)
 
Value of
affiliates at
8/1/2022
(000)
Additions
(000)
Reductions
(000)
Net
realized
(loss) gain
(000)
Net
unrealized
(depreciation)
appreciation
(000)
Value of
affiliates at
4/30/2023
(000)
Dividend
income
(000)
Utilities 0.86%
Brookfield Infrastructure Partners, LP
$1,088,574
$96,308
$—
$—
$(149,141
)
$1,035,741
$31,835
Consumer discretionary 0.13%
Domino’s Pizza Group PLC
107,070
—
—
—
6,560
113,630
3,798
Puuilo OYJ
27,975
—
—
—
14,682
42,657
814
Lumi Gruppen AS19
3,793
—
1,617
(9,426
)
7,250
—
—
 
156,287
Total common stocks
1,474,253
Short-term securities 8.87%
Money market investments 8.85%
Capital Group Central Cash Fund 4.92%17
13,287,019
11,969,736
14,664,581
36
4,329
10,596,539
306,840
Money market investments purchased with collateral
from securities on loan 0.02%
Capital Group Central Cash Fund 4.92%17,18
179,877
155,597
20
24,280
—
21
Total short-term securities
10,620,819
Total 10.10%
$(9,390
)
$(124,897
)
$12,095,072
$346,990
Restricted securities6
 
 
Acquisition
date(s)
Cost
(000)
Value
(000)
Percent
of net
assets
Rotech Healthcare, Inc.2,4,5
11/26/2014
$19,660
$58,119
.05
%
Ascent Resources - Utica, LLC, Class A2,5
4/25/2016-11/15/2016
56,848
19,839
.02
Total
 
$76,508
$77,958
.07
%
 
1
All or a portion of this security was on loan. The total value of all such securities was $315,808,000, which represented .26% of the net assets of the fund.
2
Value determined using significant unobservable inputs.
3
Amount less than one thousand.
4
Affiliate of the fund or part of the same “group of investment companies“ as the fund, as defined under the Investment Company Act of 1940, as amended.
5
Security did not produce income during the last 12 months.
6
Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933. The total value of all
such restricted securities was $77,958,000, which represented .07% of the net assets of the fund.
7
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.
8
Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in
the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $11,205,239,000, which
represented 9.36% of the net assets of the fund.
9
Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when
available.
10
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 $428,185,000, which
represented .36% of the net assets of the fund.
12
Scheduled interest and/or principal payment was not received.
13
Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.
14
Purchased on a TBA basis.
15
All or a portion of this security was pledged as collateral. The total value of pledged collateral was $120,653,000, which represented .10% of the net assets of
the fund.
16
Index-linked bond whose principal amount moves with a government price index.
17
Rate represents the seven-day yield at 4/30/2023.
18
Security purchased with cash collateral from securities on loan.
19
Affiliated issuer during the reporting period but no longer held at 4/30/2023.
20
Represents net activity.
21
Dividend income is included with securities lending income and is not shown in this table.
The Income Fund of America — Page 50 of 54
unaudited
Valuation disclosures
Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Equity securities, including depositary receipts, 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 evaluated prices obtained from third-party 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
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 $6,782,168,000. Forward currency contracts are valued based on the spot and forward exchange rates obtained from a third-party pricing vendor. As of April 30, 2023, the fund did not have any open forward currency contracts. The average month-end notional amount of open forward currency contracts while held was $213,950,000. Swaps are generally valued using evaluated prices obtained from third-party pricing vendors who calculate these values based on market inputs that may include the yields of the indices referenced in the instrument and the relevant curve, dealer quotes, default probabilities and recovery rates, other reference data, and terms of the contract. The average month-end notional amounts of interest rate swaps and credit default swaps while held were $1,715,347,000 and $1,173,993,000, respectively.
The Income Fund of America — Page 51 of 54
unaudited
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund’s investment adviser and approved by the 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, dealer or broker quotes, 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 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 designated 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 “Committee”) to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser’s global risk management group. The Committee reports 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.
Classifications — The fund’s investment adviser classifies the fund’s assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The tables on the following page present the fund’s valuation levels as of April 30, 2023 (dollars in thousands):
The Income Fund of America — Page 52 of 54
unaudited
 
 
Investment securities
 
Level 1
Level 2
Level 3
Total
Assets:
Common stocks:
Financials
$9,491,164
$3,369,106
$11,796
$12,872,066
Consumer staples
10,739,349
1,305,303
—
12,044,652
Health care
8,415,424
3,042,766
58,119
11,516,309
Industrials
4,801,313
2,884,799
—
7,686,112
Energy
6,345,263
968,033
26,168
7,339,464
Real estate
6,173,852
42,813
—
6,216,665
Information technology
4,331,432
1,266,113
—
5,597,545
Utilities
3,849,197
1,176,422
—
5,025,619
Communication services
2,709,135
1,771,093
—
4,480,228
Consumer discretionary
3,554,468
848,817
10,813
4,414,098
Materials
2,323,716
1,364,509
—
3,688,225
Preferred securities
262,756
—
3,109
265,865
Rights & warrants
—
1,310
—
*
1,310
Convertible stocks
368,259
—
—
368,259
Convertible bonds & notes
—
—
578
578
Bonds, notes & other debt instruments:
Corporate bonds, notes & loans
—
18,966,646
23,034
18,989,680
Mortgage-backed obligations
—
4,875,989
25,519
4,901,508
U.S. Treasury bonds & notes
—
3,248,563
—
3,248,563
Asset-backed obligations
—
1,427,068
10,108
1,437,176
Municipals
—
358,818
—
358,818
Bonds & notes of governments & government agencies
outside the U.S.
—
113,552
—
113,552
Short-term securities
10,643,706
—
—
10,643,706
Total
$74,009,034
$47,031,720
$169,244
$121,209,998
 
 
Other investments†
 
Level 1
Level 2
Level 3
Total
Assets:
Unrealized appreciation on futures contracts
$1,590
$—
$—
$1,590
Unrealized appreciation on centrally cleared interest rate swaps
—
605
—
605
Liabilities:
Unrealized depreciation on futures contracts
(31,510
)
—
—
(31,510
)
Unrealized depreciation on centrally cleared interest rate swaps
—
(9,746
)
—
(9,746
)
Unrealized depreciation on centrally cleared credit default swaps
—
(1,116
)
—
(1,116
)
Total
$(29,920
)
$(10,257
)
$—
$(40,177
)
*
Amount less than one thousand.
†
Futures contracts, interest rate swaps and credit default swaps are not included in the fund’s investment portfolio.
The Income Fund of America — Page 53 of 54
unaudited
 
Key to abbreviations
ADR = American Depositary Receipts
Assn. = Association
Auth. = Authority
CAD = Canadian dollars
CLO = Collateralized Loan Obligations
CME = CME Group
CMO = Collateralized Mortgage Obligations
DAC = Designated Activity Company
Fin. = Finance
Fncg. = Financing
G.O. = General Obligation
ICE = Intercontinental Exchange, Inc.
LIBOR = London Interbank Offered Rate
PIK = Payment In Kind
Ref. = Refunding
REIT = Real Estate Investment Trust
Rev. = Revenue
SDR = Swedish Depositary Receipts
SOFR = Secured Overnight Financing Rate
TBA = To be announced
USD = U.S. dollars
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
American Funds Distributors, Inc., member FINRA.
© 2023 Capital Group. All rights reserved.
MFGEFP3-006-0623O-S89786
The Income Fund of America — Page 54 of 54