UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number

811-01880

The Income Fund of America

(Exact name of registrant as specified in charter)

6455 Irvine Center Drive
Irvine, California 92618

(Address of principal executive offices)

Hong T. Le

6455 Irvine Center Drive
Irvine, California 92618

(Name and address of agent for service)

Registrant's telephone number, including area code:

(949) 975-5000

Date of fiscal year end:

July 31

Date of reporting period:

July 31, 2025

ITEM 1 - Reports to Stockholders

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class A | AMECX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-A. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class A	$59	0.56%

Management's discussion of fund performance

The fund’s Class A shares gained 12.47% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-A.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class A (with sales charge)*	6.01%	8.33%	7.10%
The Income Fund of America — Class A (without sales charge)*	12.47%	9.62%	7.73%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFAAARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class C | IFACX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-C. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class C	$139	1.31%

Management's discussion of fund performance

The fund’s Class C shares gained 11.60% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-C.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class C (with sales charge)*	10.60%	8.80%	7.07%
The Income Fund of America — Class C (without sales charge)*	11.60%	8.80%	7.07%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFCCARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class T | TIAFX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class T	$33	0.31%

Management's discussion of fund performance

The fund’s Class T shares gained 12.75% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	Since inception1
The Income Fund of America — Class T (with sales charge)2	9.95%	9.35%	7.77%
The Income Fund of America — Class T (without sales charge)2	12.75%	9.90%	8.10%
S&P 500 Index3	16.33%	15.88%	14.56%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index3	11.81%	9.88%	10.12%
Bloomberg U.S. Aggregate Index3	3.38%	(1.07)%	1.57%

1 Class T shares were first offered on April 7, 2017.

2 Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

3 Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFTTARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class F-1 | IFAFX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-F1. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class F-1	$67	0.63%

Management's discussion of fund performance

The fund’s Class F-1 shares gained 12.39% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-F1.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class F-1*	12.39%	9.54%	7.65%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFF1ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class F-2 | AMEFX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-F2. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class F-2	$39	0.37%

Management's discussion of fund performance

The fund’s Class F-2 shares gained 12.66% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-F2.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class F-2*	12.66%	9.83%	7.93%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFF2ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class F-3 | FIFAX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-F3. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class F-3	$28	0.26%

Management's discussion of fund performance

The fund’s Class F-3 shares gained 12.82% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-F3.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	Since inception1
The Income Fund of America — Class F-32	12.82%	9.95%	8.18%
S&P 500 Index3	16.33%	15.88%	14.63%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index3	11.81%	9.88%	10.18%
Bloomberg U.S. Aggregate Index3	3.38%	(1.07)%	1.64%

1 Class F-3 shares were first offered on January 27, 2017.

2 Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

3 Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFF3ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class 529-A | CIMAX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529A. You can also request this information by contacting us at (800) 421-4225. 

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class 529-A	$63	0.59%

Management's discussion of fund performance

The fund’s Class 529-A shares gained 12.39% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-529A.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class 529-A (with sales charge)*	8.44%	8.79%	7.29%
The Income Fund of America — Class 529-A (without sales charge)*	12.39%	9.57%	7.67%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5AARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class 529-C | CIMCX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529C. You can also request this information by contacting us at (800) 421-4225. 

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class 529-C	$143	1.35%

Management's discussion of fund performance

The fund’s Class 529-C shares gained 11.57% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-529C.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class 529-C (with sales charge)*	10.57%	8.75%	7.26%
The Income Fund of America — Class 529-C (without sales charge)*	11.57%	8.75%	7.26%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5CARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class 529-E | CIMEX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529E. You can also request this information by contacting us at (800) 421-4225. 

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class 529-E	$88	0.83%

Management's discussion of fund performance

The fund’s Class 529-E shares gained 12.18% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-529E.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class 529-E*	12.18%	9.32%	7.42%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5EARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class 529-T | TFAAX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class 529-T	$39	0.37%

Management's discussion of fund performance

The fund’s Class 529-T shares gained 12.69% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures reflect deduction of the maximum sales charge and assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	Since inception1
The Income Fund of America — Class 529-T (with sales charge)2	9.89%	9.30%	7.71%
The Income Fund of America — Class 529-T (without sales charge)2	12.69%	9.85%	8.04%
S&P 500 Index3	16.33%	15.88%	14.56%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index3	11.81%	9.88%	10.12%
Bloomberg U.S. Aggregate Index3	3.38%	(1.07)%	1.57%

1 Class 529-T shares were first offered on April 7, 2017.

2 Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

3 Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5TARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class 529-F-1 | CIMFX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529F1. You can also request this information by contacting us at (800) 421-4225. 

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class 529-F-1	$46	0.43%

Management's discussion of fund performance

The fund’s Class 529-F-1 shares gained 12.57% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-529F1.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class 529-F-1*	12.57%	9.76%	7.89%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5FARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class 529-F-2 | FAIFX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529F2. You can also request this information by contacting us at (800) 421-4225. 

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class 529-F-2	$37	0.35%

Management's discussion of fund performance

The fund’s Class 529-F-2 shares gained 12.67% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-529F2.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	Since inception1
The Income Fund of America — Class 529-F-22	12.67%	10.73%
S&P 500 Index3	16.33%	16.69%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index3	11.81%	10.46%
Bloomberg U.S. Aggregate Index3	3.38%	(0.85)%

1 Class 529-F-2 shares were first offered on October 30, 2020.

2 Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

3 Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5XARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class 529-F-3 | FFIFX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529F3. You can also request this information by contacting us at (800) 421-4225. 

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class 529-F-3	$33	0.31%

Management's discussion of fund performance

The fund’s Class 529-F-3 shares gained 12.76% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-529F3.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	Since inception1
The Income Fund of America — Class 529-F-32	12.76%	10.77%
S&P 500 Index3	16.33%	16.69%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index3	11.81%	10.46%
Bloomberg U.S. Aggregate Index3	3.38%	(0.85)%

1 Class 529-F-3 shares were first offered on October 30, 2020.

2 Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

3 Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF5YARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-1 | RIDAX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R1. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-1	$142	1.34%

Management's discussion of fund performance

The fund’s Class R-1 shares gained 11.57% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R1.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class R-1*	11.57%	8.76%	6.88%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR1ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-2 | RIDBX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R2. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-2	$143	1.35%

Management's discussion of fund performance

The fund’s Class R-2 shares gained 11.60% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R2.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class R-2*	11.60%	8.76%	6.88%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR2ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-2E | RIEBX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R2E. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-2E	$112	1.06%

Management's discussion of fund performance

The fund’s Class R-2E shares gained 11.88% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R2E.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class R-2E*	11.88%	9.08%	7.20%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MF2EARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-3 | RIDCX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R3. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-3	$95	0.90%

Management's discussion of fund performance

The fund’s Class R-3 shares gained 12.08% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R3.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class R-3*	12.08%	9.24%	7.35%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR3ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-4 | RIDEX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R4. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-4	$65	0.61%

Management's discussion of fund performance

The fund’s Class R-4 shares gained 12.41% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R4.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class R-4*	12.41%	9.57%	7.68%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR4ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-5E | RIDHX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R5E. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-5E	$44	0.41%

Management's discussion of fund performance

The fund’s Class R-5E shares gained 12.63% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R5E.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	Since inception1
The Income Fund of America — Class R-5E2	12.63%	9.79%	8.19%
S&P 500 Index3	16.33%	15.88%	14.11%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index3	11.81%	9.88%	9.87%
Bloomberg U.S. Aggregate Index3	3.38%	(1.07)%	1.70%

1 Class R-5E shares were first offered on November 20, 2015.

2 Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

3 Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFE5ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-5 | RIDFX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R5. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-5	$32	0.30%

Management's discussion of fund performance

The fund’s Class R-5 shares gained 12.77% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R5.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class R-5*	12.77%	9.91%	8.00%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR5ARX-006-0925 © 2025 Capital Group. All rights reserved.

ANNUAL SHAREHOLDER REPORT

The Income Fund of America®

Class R-6 | RIDGX for the year ended July 31, 2025

This annual shareholder report contains important information about The Income Fund of America (the "fund") for the period from August 1, 2024 to July 31, 2025. You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R6. You can also request this information by contacting us at (800) 421-4225.

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Share class	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Class R-6	$28	0.26%

Management's discussion of fund performance

The fund’s Class R-6 shares gained 12.81% for the year ended July 31, 2025. That result compares with a 11.81% gain for the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. For information on returns for additional periods, including the fund lifetime, please refer to capitalgroup.com/mutual-fund-returns-R6.

What factors influenced results

U.S. equities posted strong gains despite volatility in 2025, supported by a resilient economy and easing inflation. After a sharp April decline triggered by global trade tensions, markets rebounded to new highs by June, namely in the technology sector. Robust growth in communication services, financials and utilities also supported overall gains. European equities rallied on cooling inflation, European Central Bank rate cuts and German fiscal reforms. The financials and industrials sectors led gains, though trade tensions and geopolitical risks at times dampened investor sentiment. The U.S. bond market saw turbulence from Fed rate cuts and tariff uncertainty, with early rallies reversing as long-term yields rose on fiscal deficit concerns.

Within the fund, most sectors added to the fund’s positive results with information technology, financials and industrials holdings particularly additive. Consumer staples and communication services shares were also positive, though below the portfolio’s overall return. Geographically, shares of companies based in the Pacific excluding Japan, emerging markets and Canada had some of the highest returns in the portfolio. The fund’s bond holdings also had positive returns, while helping support the fund’s income objective and maintaining a measure of stability when equity markets were volatile.

In terms of detractors, holdings in the real estate and energy sectors saw negative returns during the period. Also, investments in companies based in other European regions and Japan, while still positive, detracted from the broader portfolio’s return.

How a hypothetical $10,000 investment has grown

Figures assume reinvestment of dividends and capital gains.

Average annual total returns

	1 year	5 years	10 years
The Income Fund of America — Class R-6*	12.81%	9.95%	8.05%
S&P 500 Index†	16.33%	15.88%	13.66%
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index†	11.81%	9.88%	9.58%
Bloomberg U.S. Aggregate Index†	3.38%	(1.07)%	1.66%

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.

† Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): S&P Dow Jones Indices LLC and Bloomberg Index Services Ltd.

The fund’s past performance is not a predictor of its future performance. The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.

Key fund statistics

Fund net assets (in millions)	$133,794
Total number of portfolio holdings	3,186
Total advisory fees paid (in millions)	$285
Portfolio turnover rate including mortgage dollar roll transactions	65%
Portfolio turnover rate excluding mortgage dollar roll transactions	44%

Portfolio holdings by asset type (percent of net assets)

*Includes derivatives.

Availability of additional information

Scan the QR code to view additional information about the fund, including its prospectus, financial information, holdings and information on proxy voting. Or refer to the web address included at the beginning of this report.

Important information

To reduce fund expenses, only one copy of most shareholder documents will be mailed to shareholders with multiple accounts at the same address (householding). If you would prefer that your documents not be householded, please contact Capital Group at (800) 421-4225, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Capital Group or your financial intermediary.

Lit. No. MFR6ARX-006-0925 © 2025 Capital Group. All rights reserved.

ITEM 2 - Code of Ethics

The Registrant has adopted a Code of Ethics, as of the end of the period covered by this report, applicable to the registrant's principal executive officer, principal financial officer and principal accounting officer, or persons performing similar functions. A copy of the code of ethics is available without charge at https://www.capitalgroup.com/individual/pdf/shareholder/cg_code_of_ethics.pdf.

ITEM 3 - Audit Committee Financial Expert

The Registrant's board has determined that Sharon I. Meers, a member of the Registrant's audit committee, is an "audit committee financial expert" and "independent," as such terms are defined in this Item. This designation will not increase the designee's duties, obligations or liability as compared to his or her duties, obligations and liability as a member of the audit committee and of the board, nor will it reduce the responsibility of the other audit committee members. There may be other individuals who, through education or experience, would qualify as "audit committee financial experts" if the board had designated them as such. Most importantly, the board believes each member of the audit committee contributes significantly to the effective oversight of the Registrant's financial statements and condition.

ITEM 4 - Principal Accountant Fees and Services

Registrant1	(a) Audit Fees	(b) Audit-Related Fees	(c) Tax Fees	(d) All Other Fees
July 31, 2025	229,000	19,000	13,000	None
July 31, 2024	160,000	15,000	13,000	None
Adviser and Affiliates2
July 31, 2025	Not Applicable	1,578,000	4,000	None
July 31, 2024	Not Applicable	2,638,000	None	11000

Registrant, Adviser and Affiliates3	(g) Aggregate
	non-audit fees
July 31, 2025	1,613,000
July 31, 2024	2,677,000

1The audit fees represents fees billed for professional services rendered for the audit and review of the Registrant's annual financial statements. The audit-related fees represents fees billed for assurance and related services that are reasonably related to the performance of the audit or review of the Registrant's financial statements, but not reported under "audit fees". The tax fees consist of professional services relating to the preparation of the Registrant’s tax returns. The other fees represents fees, if any, billed for other products and services rendered by the principal accountant to the Registrant other than those reported under the "audit fees", "audit-related fees", and "tax fees".

2This includes only fees for non-audit services billed to the adviser and affiliates for engagements that relate directly to the operations and financial reporting of the Registrant and were subject to the pre-approval policies described below. The audit-related fees consist of assurance and related services relating to the examination of the Registrant’s transfer agent, principal underwriter and investment adviser conducted in accordance with Statement on Standards for Attestation Engagements Number 18 issued by the American Institute of Certified Public Accountants. The tax fees consist of consulting services relating to the Registrant’s investments. The other fees consist of subscription services related to an accounting research tool.

3Aggregate non-audit fees paid to the Registrant’s auditors, including fees for all services billed to the Registrant, adviser and affiliates that provide ongoing services to the Registrant. The non-audit services represented by these amounts were brought to the attention of the committee and considered to be compatible with maintaining the auditors’ independence.

(e1)(e2)(h) All audit and permissible non-audit services that the Registrant’s audit committee considers compatible with maintaining the independent registered public accounting firm’s independence are required to be pre-approved by the committee. The pre-approval requirement will extend to all non-audit services provided to the Registrant, the investment adviser, and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant, if the engagement relates directly to the operations and financial reporting of the Registrant. The committee will not delegate its responsibility to pre-approve these services to the investment adviser. The committee may delegate to one or more committee members the authority to review and pre-approve audit and permissible non-audit services. Actions taken under any such delegation will be reported to the full committee at its next meeting. The pre-approval requirement is waived with respect to non-audit services if certain conditions are met. The pre- approval requirement was not waived for any of the non-audit services listed above provided to the Registrant, adviser and affiliates.

(f)Not applicable.

(i)Not applicable.

(j)Not applicable.

ITEM 5 - Audit Committee of Listed Registrants

Not applicable to this Registrant, insofar as the Registrant is not a listed issuer as defined in Rule 10A-3 under the Securities Exchange Act of 1934.

ITEM 6 - Investments

The schedule of investments is included as part of the material filed under Item 7 of this Form.

ITEM 7 - Financial Statements and Financial Highlights for Open-End Management Investment Companies

 

The Income Fund of America®

Financial Statements and Other Information
N-CSR Items 7-11

for the year ended July 31, 2025

Lit. No. MFGEFP4-006-0925 © 2025 Capital Group. All rights reserved.

Investment portfolio July 31, 2025

Common stocks 67.89%	Shares	Value (000)
Financials 15.23%
JPMorgan Chase & Co.	6,901,108	$2,044,384
Citigroup, Inc.	14,998,512	1,405,360
CME Group, Inc., Class A	4,700,084	1,307,939
Fifth Third Bancorp	22,133,775	920,101
Ares Management Corp., Class A	4,955,917	919,471
CaixaBank SA, non-registered shares	97,292,991	915,140
Carlyle Group, Inc. (The)	14,424,698	875,002
Brookfield Asset Management, Ltd., Class A	13,090,437	807,287
Synchrony Financial	11,083,201	772,167
UniCredit SpA	9,723,645	715,374
Goldman Sachs Group, Inc.	898,702	650,292
Citizens Financial Group, Inc.	12,133,604	579,016
Bank of America Corp.	11,645,542	550,485
Morgan Stanley	3,517,701	501,132
Apollo Asset Management, Inc.	2,993,772	435,055
NatWest Group PLC	60,328,983	418,772
MS&AD Insurance Group Holdings, Inc.	18,363,300	391,182
American International Group, Inc.	5,000,000	388,150
AXA SA	7,381,189	358,723
BlackRock, Inc.	307,624	340,235
Power Corporation of Canada, subordinate voting shares	7,947,322	320,279
Banco Bilbao Vizcaya Argentaria SA	17,732,700	295,996
ING Groep NV	12,445,797	289,202
Zurich Insurance Group AG	392,519	267,041
PICC Property and Casualty Co., Ltd., Class H	125,000,000	260,011
Progressive Corp.	1,066,700	258,184
Blackstone, Inc.	1,477,751	255,592
Allianz SE	619,243	245,249
National Bank of Canada	2,181,865	226,957
3i Group PLC	4,110,000	224,720
DBS Group Holdings, Ltd.	6,105,477	224,101
Munchener Ruckversicherungs-Gesellschaft AG	318,703	209,378
Partners Group Holding AG	124,045	166,338
Nordnet AB	6,000,000	161,526
Aviva PLC	18,123,287	154,777
Manulife Financial Corp.	4,595,192	142,174
KB Financial Group, Inc.	1,721,838	136,936
B3 SA - Brasil, Bolsa, Balcao	60,301,822	135,475
ICICI Bank, Ltd.	7,315,730	123,520
Mizuho Financial Group, Inc.	4,023,400	118,023
National Bank of Greece SA	8,041,354	112,605
Islandsbanki hf. (a)	100,744,765	102,561
Bank Leumi le-Israel BM	4,727,319	87,432
Qualitas Controladora, SAB de CV (b)	8,439,995	76,441
Bank Hapoalim BM	4,024,613	75,533
Wells Fargo & Co.	869,127	70,078
Skandinaviska Enskilda Banken AB, Class A	3,739,101	65,289
Macquarie Group, Ltd.	457,380	63,122
BNP Paribas SA	584,948	53,288
PNC Financial Services Group, Inc.	171,428	32,618
Credicorp, Ltd.	105,083	24,905
KKR & Co., Inc.	164,019	24,042
Ally Financial, Inc.	525,099	19,875
Erste Group Bank AG	211,451	19,334
Brookfield Corp., Class A	207,530	13,915
AIA Group, Ltd.	1,319,800	12,349
Banco Santander SA	1,033,615	8,881
Sberbank of Russia PJSC (c)	25,683,200	— (d)
		20,373,014

The Income Fund of America 1

Common stocks (continued)	Shares	Value (000)
Consumer staples 7.91%
Philip Morris International, Inc.	24,590,854	$4,034,130
Nestle SA	15,690,597	1,368,378
Keurig Dr Pepper, Inc.	23,198,831	757,442
Sysco Corp.	8,133,138	647,398
Coca-Cola Co.	8,954,694	607,934
Procter & Gamble Co.	2,911,194	438,047
Kimberly-Clark Corp.	2,980,456	371,424
Altria Group, Inc.	5,335,391	330,474
Hershey Co.	1,500,000	279,195
Bunge Global SA	3,272,054	260,979
Unilever PLC	4,000,000	232,649
British American Tobacco PLC	4,136,368	221,421
General Mills, Inc.	4,390,196	215,032
Target Corp.	1,633,848	164,202
Kenvue, Inc.	7,431,490	159,331
Mondelez International, Inc., Class A	1,827,808	118,241
Pernod Ricard SA (b)	1,000,000	102,821
Imperial Brands PLC	1,999,525	77,948
PepsiCo, Inc.	484,503	66,823
WH Group, Ltd.	49,532,000	49,926
Tyson Foods, Inc., Class A	577,683	30,213
Viva Wine Group AB (a)(b)	4,500,000	18,233
Wal-Mart de Mexico, SAB de CV, Series V	3,533,339	10,415
Kweichow Moutai Co., Ltd., Class A	29,000	5,738
Scandinavian Tobacco Group A/S	437,503	5,725
Coca-Cola FEMSA, SAB de CV (ADR)	60,363	5,013
		10,579,132
Health care 7.07%
Gilead Sciences, Inc.	19,619,859	2,203,114
CVS Health Corp.	22,527,182	1,398,938
Amgen, Inc.	4,003,635	1,181,473
Sanofi (b)	10,243,695	930,841
AbbVie, Inc.	4,874,540	921,386
Medtronic PLC	8,543,439	770,960
AstraZeneca PLC	5,226,420	762,285
UnitedHealth Group, Inc.	2,356,797	588,162
Novo Nordisk AS, Class B	4,424,844	204,243
Johnson & Johnson	924,187	152,251
GSK PLC	7,980,524	146,982
Takeda Pharmaceutical Co., Ltd.	4,245,700	116,697
Rotech Healthcare, Inc. (a)(c)(e)(f)	543,172	40,895
Endo, Inc. (e)	1,154,586	27,237
Endo, Inc., 1L 7.50% Escrow (c)(e)	79,502,000	— (d)
Sandoz Group AG	167,000	9,523
		9,454,987
Information technology 6.47%
Broadcom, Inc.	9,672,735	2,840,882
Taiwan Semiconductor Manufacturing Co., Ltd.	42,710,786	1,649,841
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)	1,471,300	355,496
Microsoft Corp.	3,082,685	1,644,612
International Business Machines Corp.	4,152,971	1,051,325
MediaTek, Inc.	8,857,000	404,102
Texas Instruments, Inc.	1,495,236	270,727
Diebold Nixdorf, Inc. (a)(e)	4,521,627	254,522
Tokyo Electron, Ltd.	658,350	103,032
Seagate Technology Holdings PLC	393,724	61,819
Microchip Technology, Inc.	365,704	24,718
		8,661,076

2 The Income Fund of America

Common stocks (continued)	Shares	Value (000)
Energy 6.41%
EOG Resources, Inc.	17,540,866	$2,105,255
Canadian Natural Resources, Ltd. (CAD denominated)	39,270,006	1,243,059
Chevron Corp.	5,785,543	877,320
Exxon Mobil Corp.	6,349,952	708,909
Shell PLC (GBP denominated)	18,389,797	659,868
Shell PLC (EUR denominated)	570,856	20,526
Baker Hughes Co., Class A	13,079,995	589,254
Schlumberger NV	13,266,388	448,404
Tourmaline Oil Corp. (b)	8,796,534	374,373
TotalEnergies SE	3,920,057	232,934
Expand Energy Corp.	2,182,905	228,725
Enbridge, Inc.	5,000,000	226,450
Diamondback Energy, Inc.	1,388,555	206,423
ConocoPhillips	1,715,000	163,508
TC Energy Corp. (CAD denominated)	2,668,721	127,427
Cenovus Energy, Inc. (CAD denominated)	6,150,950	93,623
Viper Energy, Inc., Class A	2,055,633	77,415
Halliburton Co.	3,247,392	72,741
Ascent Resources, LLC, Class A (c)(f)	1,102,146	54,479
HF Sinclair Corp.	1,022,000	44,907
DT Midstream, Inc.	113,913	11,702
New Fortress Energy, Inc., Class A (e)	1,971,128	5,371
Altera Infrastructure, LP (c)	80,900	2,498
Mesquite Energy, Inc. (c)(e)	25,913	1,469
Bighorn Permian Resources, LLC (c)	17,183	— (d)
		8,576,640
Industrials 5.26%
BAE Systems PLC	81,296,131	1,935,013
Lockheed Martin Corp.	1,972,338	830,315
RTX Corp.	4,237,072	667,635
L3Harris Technologies, Inc.	1,393,700	383,017
PACCAR, Inc.	3,795,216	374,816
3M Co.	2,181,535	325,529
ITOCHU Corp.	6,000,000	315,996
Johnson Controls International PLC	2,779,737	291,872
Norfolk Southern Corp.	818,000	227,404
Emerson Electric Co.	1,532,420	222,982
Watsco, Inc.	434,018	195,690
Caterpillar, Inc.	415,639	182,058
Paychex, Inc.	1,142,527	164,901
Siemens AG	582,312	149,329
Ventia Services Group Pty, Ltd.	34,829,353	115,997
Deutsche Post AG	2,315,862	104,183
Valmet OYJ (b)	2,850,000	102,660
Volvo AB, Class B	3,436,750	98,448
United Parcel Service, Inc., Class B	1,000,000	86,160
Southwest Airlines Co.	2,521,638	77,994
Robert Half, Inc.	1,584,960	58,501
Inwido AB	2,500,000	46,489
Bureau Veritas SA	1,218,228	37,434
Regal Rexnord Corp.	134,000	20,486
General Dynamics Corp.	35,000	10,906
Marubeni Corp.	457,200	9,352
		7,035,167
Consumer discretionary 5.16%
Starbucks Corp.	15,653,967	1,395,708
Darden Restaurants, Inc.	5,361,414	1,081,236
Industria de Diseno Textil SA	20,282,221	969,648
Home Depot, Inc.	2,624,193	964,417
Restaurant Brands International, Inc. (b)	10,712,603	726,957
Evolution AB	4,402,271	391,133
Vail Resorts, Inc. (a)	1,857,734	279,143
Compagnie Generale des Etablissements Michelin	6,000,000	213,639

The Income Fund of America 3

Common stocks (continued)	Shares	Value (000)
Consumer discretionary (continued)
NIKE, Inc., Class B	2,080,914	$155,424
Compagnie Financiere Richemont SA, Class A	888,595	144,603
McDonald’s Corp.	400,331	120,127
Domino’s Pizza Group PLC (a)	30,671,123	97,162
Puuilo OYJ (a)	5,509,640	85,841
Midea Group Co., Ltd., Class A	7,391,465	71,889
Accor SA	1,294,017	65,764
Hyundai Motor Co.	416,000	63,582
Las Vegas Sands Corp.	854,598	44,781
Aimbridge Topco, LLC (c)(e)	297,303	22,381
Hasbro, Inc.	153,315	11,523
Party City Holdco, Inc. (a)(c)(e)	1,566,483	— (d)
Party City Holdco, Inc. (a)(c)(e)(g)	15,639	— (d)
NMG Parent, LLC (c)(e)	61,091	— (d)
		6,904,958
Utilities 4.59%
National Grid PLC	72,501,199	1,018,478
FirstEnergy Corp.	23,663,438	1,010,665
Brookfield Infrastructure Partners, LP	22,376,603	695,555
Southern Co. (The)	7,074,409	668,390
DTE Energy Co.	4,801,978	664,642
Dominion Energy, Inc.	9,713,059	567,728
Pinnacle West Capital Corp.	5,453,030	494,154
NextEra Energy, Inc.	3,718,769	264,256
Public Service Enterprise Group, Inc.	1,750,000	157,133
AES Corp.	11,915,891	156,694
Veolia Environnement SA (b)	4,587,788	155,220
CenterPoint Energy, Inc.	3,500,244	135,879
CPFL Energia SA	10,301,000	69,740
Talen Energy Corp. (e)	175,287	66,183
Duke Energy Corp.	182,442	22,192
		6,146,909
Communication services 3.78%
AT&T, Inc.	38,003,558	1,041,677
Publicis Groupe SA	10,932,769	991,557
Comcast Corp., Class A	23,474,849	780,069
Koninklijke KPN NV	144,369,348	645,311
Singapore Telecommunications, Ltd.	175,434,500	523,076
Verizon Communications, Inc.	9,492,000	405,878
NetEase, Inc.	8,012,100	209,030
NetEase, Inc. (ADR)	1,198,161	156,120
Deutsche Telekom AG	8,371,039	300,032
DSG TopCo, Inc. (e)	36,863	536
Clear Channel Outdoor Holdings, Inc. (b)(e)	152,827	162
Cumulus Media, Inc., Class A (e)	217,532	30
		5,053,478
Materials 3.33%
Agnico Eagle Mines, Ltd.	9,830,897	1,220,419
International Paper Co.	8,310,980	388,455
Smurfit Westrock PLC	8,292,449	368,019
Southern Copper Corp.	3,775,851	355,534
Barrick Mining Corp.	16,415,500	346,695
Newmont Corp.	4,638,953	288,079
Lundin Mining Corp.	24,403,237	249,210
Packaging Corporation of America	1,229,648	238,244
Air Products and Chemicals, Inc.	640,174	184,293
Eastman Chemical Co.	2,470,037	179,349
Rio Tinto PLC	2,830,600	168,083
Glencore PLC	34,348,125	137,814
LyondellBasell Industries NV	1,750,000	101,378
Dow, Inc.	2,498,988	58,201

4 The Income Fund of America

Common stocks (continued)	Shares	Value (000)
Materials (continued)
International Flavors & Fragrances, Inc.	753,785	$53,541
Aura Minerals, Inc. (b)	1,620,102	39,482
Vale SA, ordinary nominative shares	3,679,000	35,124
Endeavour Mining PLC	858,800	25,784
Solidcore Resources PLC (e)	6,162,000	23,108
Anglo American PLC	24,957	706
Venator Materials PLC (a)(c)(e)	53,540	— (d)
		4,461,518
Real estate 2.68%
American Tower Corp. REIT	2,768,989	577,030
VICI Properties, Inc. REIT	16,017,161	522,159
UDR, Inc. REIT	9,092,882	357,259
Simon Property Group, Inc. REIT	2,054,584	336,520
Prologis, Inc. REIT	2,718,366	290,267
Lineage, Inc. REIT	5,735,614	247,492
Extra Space Storage, Inc. REIT	1,642,792	220,726
Mid-America Apartment Communities, Inc. REIT	1,453,466	207,017
Iron Mountain, Inc. REIT	2,117,169	206,128
CTP NV	9,500,000	201,236
Crown Castle, Inc. REIT	1,580,000	166,042
Lamar Advertising Co. REIT, Class A	903,020	110,394
Public Storage REIT	225,000	61,186
Brixmor Property Group, Inc. REIT	1,655,326	43,254
Essential Properties Realty Trust, Inc. REIT	701,760	21,397
Invitation Homes, Inc. REIT	553,255	16,957
		3,585,064
Total common stocks (cost: $59,172,423,000)		90,831,943
Preferred securities 0.24%
Financials 0.23%
Itau Unibanco Holding SA, preferred nominative shares	45,000,000	282,558
AH Parent, Inc., Class A, 10.50% PIK or 10.00% Cash, perpetual cumulative preferred shares (c)(f)(h)	17,970	18,516
Citigroup, Inc., 10.942% preferred shares (i)	378,650	11,159
		312,233
Industrials 0.01%
ACR III LSC Holdings, LLC, Series B, preferred shares (c)(e)(g)	3,259	4,683
Total preferred securities (cost: $246,095,000)		316,916
Rights & warrants 0.00%
Energy 0.00%
Constellation Oil Services Holding SA, Class D, warrants, expire 6/10/2071 (c)(e)	28	— (d)
Total rights & warrants (cost: $0)		— (d)
Convertible stocks 0.92%
Industrials 0.67%
Boeing Co., Series A, convertible preferred depositary shares, 6.00% 10/15/2027	12,628,085	892,806
Financials 0.22%
KKR & Co., Inc., Class D, convertible preferred shares, 6.25% 3/1/2028	5,207,215	299,154
Information technology 0.03%
Microchip Technology, Inc., Series A, cumulative convertible preferred depositary shares, 7.50% 3/15/2028 (b)	594,259	37,385
Total convertible stocks (cost: $942,028,000)		1,229,345

The Income Fund of America 5

Convertible bonds & notes 0.01%	Principal amount (000)	Value (000)
Communication services 0.01%
EchoStar Corp., convertible notes, 3.875% PIK 11/30/2030 (h)	USD1,670	$2,119
Live Nation Entertainment, Inc., convertible notes, 2.875% 1/15/2030 (g)	17,500	18,821
Total convertible bonds & notes (cost: $19,496,000)		20,940
Bonds, notes & other debt instruments 24.37%
Corporate bonds, notes & loans 16.08%
Financials 2.69%
AerCap Ireland Capital DAC 2.45% 10/29/2026	9,166	8,925
Aero Capital Solutions, Inc., Term Loan, (1-month USD CME Term SOFR + 3.00%) 7.61% 11/17/2029 (c)(g)(i)(j)	34,230	33,973
AG Issuer, LLC 6.25% 3/1/2028 (g)	77,127	77,108
AG TTMT Escrow Issuer, LLC 8.625% 9/30/2027 (g)	24,566	25,317
AIB Group PLC 7.583% 10/14/2026 (USD-SOFR + 3.456% on 10/14/2025) (g)(k)	14,750	14,832
AIB Group PLC 6.608% 9/13/2029 (USD-SOFR + 2.33% on 9/13/2028) (g)(k)	450	475
Alera Group Intermediate Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 5.50%) 9.856% 5/30/2033 (i)(j)	23,485	24,415
Alliant Holdings Intermediate, LLC 4.25% 10/15/2027 (g)	16,855	16,514
Alliant Holdings Intermediate, LLC 6.75% 10/15/2027 (g)	65,526	65,638
Alliant Holdings Intermediate, LLC 6.75% 4/15/2028 (g)	14,500	14,708
Alliant Holdings Intermediate, LLC 5.875% 11/1/2029 (g)	35,215	34,706
Alliant Holdings Intermediate, LLC 7.00% 1/15/2031 (g)	32,120	33,056
Alliant Holdings Intermediate, LLC 7.375% 10/1/2032 (g)	24,135	24,840
Ally Financial, Inc. 8.00% 11/1/2031	4,026	4,545
American Express Co. 6.338% 10/30/2026 (USD-SOFR + 1.33% on 10/30/2025) (k)	11,161	11,206
American Express Co. 5.085% 1/30/2031 (USD-SOFR + 1.02% on 1/30/2030) (k)	4,000	4,086
American Express Co. 6.489% 10/30/2031 (USD-SOFR + 1.94% on 10/30/2030) (k)	8,383	9,099
American Express Co. 5.442% 1/30/2036 (USD-SOFR + 1.32% on 1/30/2035) (k)	5,898	6,016
American International Group, Inc. 5.125% 3/27/2033	3,981	4,032
AmWINS Group, Inc. 6.375% 2/15/2029 (g)	17,335	17,663
AmWINS Group, Inc. 4.875% 6/30/2029 (g)	55,605	54,055
Ardonagh Finco, Ltd. 7.75% 2/15/2031 (g)	16,675	17,401
Ardonagh Group Finance, Ltd. 8.875% 2/15/2032 (g)	19,535	20,561
Aretec Group, Inc. 7.50% 4/1/2029 (g)	61,410	61,465
Aretec Group, Inc. 10.00% 8/15/2030 (g)	17,750	19,377
Arthur J. Gallagher & Co. 5.15% 2/15/2035	5,980	5,949
Arthur J. Gallagher & Co. 5.55% 2/15/2055	1,599	1,510
AssuredPartners, Inc. 5.625% 1/15/2029 (g)	27,866	27,836
AssuredPartners, Inc., Term Loan, (3-month USD CME Term SOFR + 3.50%) 7.858% 2/14/2031 (i)(j)	15,244	15,289
Athene Global Funding 4.86% 8/27/2026 (g)	2,500	2,509
Banco Santander SA 5.147% 8/18/2025	3,400	3,400
Bangkok Bank Public Co., Ltd. 3.733% 9/25/2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029) (k)	6,995	6,515
Bank of America Corp. 2.087% 6/14/2029 (USD-SOFR + 1.06% on 6/14/2028) (k)	4,185	3,919
Bank of America Corp. 5.819% 9/15/2029 (USD-SOFR + 1.57% on 9/15/2028) (k)	6,625	6,884
Bank of America Corp. 5.288% 4/25/2034 (USD-SOFR + 1.91% on 4/25/2033) (k)	12,134	12,366
Bank of America Corp. 5.872% 9/15/2034 (USD-SOFR + 1.84% on 9/15/2033) (k)	2,829	2,981
Bank of New York Mellon Corp. 4.942% 2/11/2031 (USD-SOFR + 0.887% on 2/11/2030) (k)	2,225	2,267
Bank of New York Mellon Corp. 5.06% 7/22/2032 (USD-SOFR + 1.23% on 7/22/2031) (k)	1,280	1,306
BBVA Bancomer SA 7.625% 2/11/2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.375% on 2/11/2030) (g)(k)	3,295	3,393
Blackstone Private Credit Fund 6.00% 11/22/2034	35,920	35,707
Block, Inc. 3.50% 6/1/2031	20,105	18,446
Block, Inc. 6.50% 5/15/2032	4,680	4,805
Blue Owl Capital Corp. 3.40% 7/15/2026	6,475	6,383
Blue Owl Capital Corp. 2.625% 1/15/2027	20,600	19,860
Blue Owl Capital Corp. 3.125% 4/13/2027	14,490	13,989
Blue Owl Capital Corp. 2.875% 6/11/2028	1,765	1,647
Blue Owl Credit Income Corp. 4.70% 2/8/2027	17,775	17,649
Blue Owl Credit Income Corp. 6.65% 3/15/2031	13,930	14,339
BNP Paribas SA 2.591% 1/20/2028 (USD-SOFR + 1.228% on 1/20/2027) (g)(k)	3,443	3,344
BNP Paribas SA 2.159% 9/15/2029 (USD-SOFR + 1.218% on 9/15/2028) (g)(k)	8,362	7,752
BNP Paribas SA 5.497% 5/20/2030 (USD-SOFR + 1.59% on 5/20/2029) (g)(k)	18,600	19,108
BNP Paribas SA 5.283% 11/19/2030 (USD-SOFR + 1.28% on 11/19/2029) (g)(k)	476	485
Boost Newco Borrower, LLC 7.50% 1/15/2031 (g)	15,025	15,896
BPCE SA 1.652% 10/6/2026 (USD-SOFR + 1.52% on 10/6/2025) (g)(k)	4,575	4,547
BPCE SA 5.975% 1/18/2027 (USD-SOFR + 2.10% on 1/18/2026) (g)(k)	2,008	2,019

6 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Financials (continued)
BPCE SA 6.714% 10/19/2029 (USD-SOFR + 2.27% on 10/19/2028) (g)(k)	USD3,500	$3,705
BPCE SA 5.876% 1/14/2031 (USD-SOFR + 1.68% on 1/14/2030) (g)(k)	14,300	14,825
BPCE SA 5.389% 5/28/2031 (USD-SOFR + 1.581% on 5/28/2030) (g)(k)	12,679	12,920
BPCE SA 6.293% 1/14/2036 (USD-SOFR + 2.04% on 1/14/2035) (g)(k)	8,000	8,417
BPCE SA 6.027% 5/28/2036 (USD-SOFR + 1.956% on 5/28/2035) (g)(k)	4,510	4,657
Brown & Brown, Inc. 4.60% 12/23/2026	5,000	5,010
Brown & Brown, Inc. 4.70% 6/23/2028	1,875	1,882
Brown & Brown, Inc. 4.90% 6/23/2030	982	986
Brown & Brown, Inc. 5.25% 6/23/2032	958	970
Brown & Brown, Inc. 5.55% 6/23/2035	16,665	16,855
Brown & Brown, Inc. 6.25% 6/23/2055	16,135	16,549
CaixaBank SA 6.208% 1/18/2029 (USD-SOFR + 2.70% on 1/18/2028) (g)(k)	3,400	3,523
CaixaBank SA 5.673% 3/15/2030 (USD-SOFR + 1.78% on 3/15/2029) (g)(k)	16,902	17,454
CaixaBank SA 4.885% 7/3/2031 (USD-SOFR + 1.36% on 7/3/2030) (g)(k)	10,191	10,218
CaixaBank SA 6.84% 9/13/2034 (USD-SOFR + 2.77% on 9/13/2033) (g)(k)	2,000	2,200
CaixaBank SA 6.037% 6/15/2035 (USD-SOFR + 2.26% on 9/15/2034) (g)(k)	575	603
CaixaBank SA 5.581% 7/3/2036 (USD-SOFR + 1.79% on 7/3/2035) (g)(k)	362	364
Canadian Imperial Bank of Commerce 4.508% 9/11/2027 (USD-SOFR + 0.93% on 9/11/2026) (k)	3,000	2,999
Canadian Imperial Bank of Commerce 4.631% 9/11/2030 (USD-SOFR + 1.335% on 9/11/2029) (k)	1,272	1,273
Capital One Financial Corp. 5.70% 2/1/2030 (USD-SOFR + 1.905% on 2/1/2029) (k)	742	766
Capital One Financial Corp. 6.051% 2/1/2035 (USD-SOFR + 2.26% on 2/1/2034) (k)	7,067	7,365
Capital One Financial Corp. 5.884% 7/26/2035 (USD-SOFR + 1.99% on 7/26/2034) (k)	13,869	14,328
Chubb INA Holdings, LLC 3.35% 5/3/2026	765	759
Chubb INA Holdings, LLC 4.65% 8/15/2029	3,000	3,040
Chubb INA Holdings, LLC 5.00% 3/15/2034	8,345	8,440
Citibank, NA 4.914% 5/29/2030	9,400	9,550
Citigroup, Inc. 5.61% 9/29/2026 (USD-SOFR + 1.546% on 12/29/2025) (k)	14,295	14,313
Citigroup, Inc. 3.668% 7/24/2028 (3-month USD CME Term SOFR + 1.652% on 7/24/2027) (k)	700	689
Citigroup, Inc. 4.786% 3/4/2029 (USD-SOFR + 0.87% on 3/4/2028) (k)	11,000	11,060
Citigroup, Inc. 2.572% 6/3/2031 (USD-SOFR + 2.107% on 6/3/2030) (k)	18,363	16,657
Citigroup, Inc. 2.52% 11/3/2032 (USD-SOFR + 1.177% on 11/3/2031) (k)	4,748	4,146
Citigroup, Inc. 6.02% 1/24/2036 (USD-SOFR + 1.83% on 1/24/2035) (k)	1,950	1,999
Citigroup, Inc. 5.333% 3/27/2036 (USD-SOFR + 1.465% on 3/27/2035) (k)	3,532	3,550
Citizens Financial Group, Inc. 5.841% 1/23/2030 (USD-SOFR + 2.01% on 1/23/2029) (k)	20,140	20,801
CME Group, Inc. 3.75% 6/15/2028	5,875	5,816
Coinbase Global, Inc. 3.375% 10/1/2028 (g)	115,458	108,736
Coinbase Global, Inc. 3.625% 10/1/2031 (g)	83,345	74,668
Compass Group Diversified Holdings, LLC 5.25% 4/15/2029 (g)	54,625	50,795
Compass Group Diversified Holdings, LLC 5.00% 1/15/2032 (g)	24,745	21,701
Cooperatieve Rabobank UA 4.375% 8/4/2025	7,500	7,500
Corebridge Financial, Inc. 3.65% 4/5/2027	7,215	7,111
Corebridge Financial, Inc. 3.85% 4/5/2029	7,448	7,279
Corebridge Financial, Inc. 3.90% 4/5/2032	2,303	2,166
Corebridge Financial, Inc. 4.35% 4/5/2042	1,622	1,359
Corebridge Financial, Inc. 4.40% 4/5/2052	2,907	2,328
Corebridge Global Funding 5.35% 6/24/2026 (g)	2,500	2,518
Corebridge Global Funding 5.20% 6/24/2029 (g)	3,000	3,060
Credit Agricole SA 1.247% 1/26/2027 (USD-SOFR + 0.892% on 1/26/2026) (g)(k)	4,900	4,820
Danske Bank AS 6.259% 9/22/2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.18% on 9/22/2025) (g)(k)	3,000	3,005
Deutsche Bank AG 4.10% 1/13/2026	33,123	33,017
Deutsche Bank AG 4.10% 1/13/2026	834	831
Deutsche Bank AG 2.311% 11/16/2027 (USD-SOFR + 1.219% on 11/16/2026) (k)	30,403	29,509
Deutsche Bank AG 2.552% 1/7/2028 (USD-SOFR + 1.318% on 1/7/2027) (k)	76,161	73,896
Deutsche Bank AG 5.706% 2/8/2028 (USD-SOFR + 1.594% on 2/8/2027) (k)	8,098	8,220
Deutsche Bank AG 6.72% 1/18/2029 (USD-SOFR + 3.18% on 1/18/2028) (k)	20,135	21,089
Deutsche Bank AG 6.819% 11/20/2029 (USD-SOFR + 2.51% on 11/20/2028) (k)	23,447	24,962
Deutsche Bank AG 4.999% 9/11/2030 (USD-SOFR + 1.70% on 9/11/2029) (k)	3,000	3,026
Deutsche Bank AG 5.297% 5/9/2031 (USD-SOFR + 1.72% on 5/9/2030) (k)	16,000	16,271
Deutsche Bank AG 4.95% 8/4/2031 (USD-SOFR + 1.30% on 8/4/2030) (k)	17,000	17,032
Deutsche Bank AG 3.729% 1/14/2032 (USD-SOFR + 2.757% on 1/14/2031) (k)	12,000	11,111
DNB Bank ASA 5.896% 10/9/2026 (USD-SOFR + 1.95% on 10/9/2025) (g)(k)	14,750	14,785
Equitable Holdings, Inc. 5.00% 4/20/2048	849	747
Fifth Third Bancorp 5.631% 1/29/2032 (USD-SOFR + 1.84% on 1/29/2031) (k)	5,511	5,710
First Citizens BancShares, Inc. 5.231% 3/12/2031 (USD-SOFR + 1.41% on 3/12/2030) (k)	20,390	20,504
Goldman Sachs Group, Inc. 2.64% 2/24/2028 (USD-SOFR + 1.114% on 2/24/2027) (k)	17,500	16,988

The Income Fund of America 7

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Financials (continued)
Goldman Sachs Group, Inc. 4.937% 4/23/2028 (USD-SOFR + 1.319% on 4/23/2027) (k)	USD19,100	$19,220
Goldman Sachs Group, Inc. 4.692% 10/23/2030 (USD-SOFR + 1.135% on 10/23/2029) (k)	18,000	17,991
Goldman Sachs Group, Inc. 5.536% 1/28/2036 (USD-SOFR + 1.38% on 1/28/2035) (k)	4,111	4,204
Goldman Sachs Group, Inc. 3.21% 4/22/2042 (USD-SOFR + 1.513% on 4/22/2041) (k)	7,500	5,604
Hightower Holding, LLC 6.75% 4/15/2029 (g)	32,820	32,684
Hightower Holding, LLC 9.125% 1/31/2030 (g)	39,065	41,712
Howden UK Refinance PLC 7.25% 2/15/2031 (g)	26,210	27,164
Howden UK Refinance 2 PLC 8.125% 2/15/2032 (g)	13,920	14,509
HSBC Holdings PLC 7.39% 11/3/2028 (USD-SOFR + 7.39% on 11/3/2027) (k)	243	257
HSBC Holdings PLC 5.13% 11/19/2028 (USD-SOFR + 1.04% on 11/19/2027) (k)	15,000	15,160
HSBC Holdings PLC 2.206% 8/17/2029 (USD-SOFR + 1.285% on 8/17/2028) (k)	4,701	4,377
HSBC Holdings PLC 2.804% 5/24/2032 (USD-SOFR + 1.187% on 5/24/2031) (k)	2,000	1,782
HSBC Holdings PLC 2.871% 11/22/2032 (USD-SOFR + 1.41% on 11/22/2031) (k)	1,922	1,702
HSBC Holdings PLC 5.45% 3/3/2036 (USD-SOFR + 1.56% on 3/3/2035) (k)	29,241	29,439
HSBC Holdings PLC 6.332% 3/9/2044 (USD-SOFR + 2.65% on 3/9/2043) (k)	298	318
HUB International, Ltd. 5.625% 12/1/2029 (g)	25,020	24,863
HUB International, Ltd. 7.25% 6/15/2030 (g)	12,698	13,245
HUB International, Ltd. 7.375% 1/31/2032 (g)	25,565	26,636
HUB International, Ltd., Term Loan, (3-month USD CME Term SOFR + 2.50%) 6.825% 6/20/2030 (i)(j)	35,487	35,576
Intercontinental Exchange, Inc. 5.25% 6/15/2031	4,099	4,239
Intesa Sanpaolo SpA 5.71% 1/15/2026 (g)	41,358	41,454
Intesa Sanpaolo SpA 3.875% 7/14/2027 (g)	6,150	6,057
Intesa Sanpaolo SpA 3.875% 1/12/2028 (g)	2,820	2,760
Intesa Sanpaolo SpA 8.248% 11/21/2033 (1-year UST Yield Curve Rate T Note Constant Maturity + 4.40% on 11/21/2032) (g)(k)	8,332	9,686
Iron Mountain Information Management Services, Inc. 5.00% 7/15/2032 (g)	45,895	43,850
Jane Street Group, LLC 6.75% 5/1/2033 (g)	20,510	21,003
JPMorgan Chase & Co. 5.04% 1/23/2028 (USD-SOFR + 1.19% on 1/23/2027) (k)	2,070	2,087
JPMorgan Chase & Co. 5.571% 4/22/2028 (USD-SOFR + 0.93% on 4/22/2027) (k)	4,000	4,072
JPMorgan Chase & Co. 3.54% 5/1/2028 (3-month USD CME Term SOFR + 1.642% on 5/1/2027) (k)	350	344
JPMorgan Chase & Co. 4.851% 7/25/2028 (USD-SOFR + 1.99% on 7/25/2027) (k)	6,435	6,488
JPMorgan Chase & Co. 4.505% 10/22/2028 (USD-SOFR + 0.86% on 10/22/2027) (k)	5,200	5,207
JPMorgan Chase & Co. 6.087% 10/23/2029 (USD-SOFR + 1.57% on 10/23/2028) (k)	6,500	6,810
JPMorgan Chase & Co. 5.581% 4/22/2030 (USD-SOFR + 1.16% on 4/22/2029) (k)	1,790	1,856
JPMorgan Chase & Co. 4.603% 10/22/2030 (USD-SOFR + 1.04% on 10/22/2029) (k)	7,515	7,534
JPMorgan Chase & Co. 5.14% 1/24/2031 (USD-SOFR + 0.90% on 1/24/2030) (k)	4,350	4,447
JPMorgan Chase & Co. 5.294% 7/22/2035 (USD-SOFR + 1.46% on 7/22/2034) (k)	4,835	4,901
JPMorgan Chase & Co. 5.502% 1/24/2036 (USD-SOFR + 1.315% on 1/24/2035) (k)	9,098	9,338
JPMorgan Chase & Co. 5.576% 7/23/2036 (USD-SOFR + 1.635% on 7/23/2035) (k)	1,470	1,493
JPMorgan Chase & Co. 3.328% 4/22/2052 (USD-SOFR + 1.58% on 4/22/2051) (k)	6,250	4,346
Kasikornbank PCL (Hong Kong Branch) 3.343% 10/2/2031 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.70% on 10/2/2026) (k)	7,070	6,892
KBC Groep NV 5.796% 1/19/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.10% on 1/19/2028) (g)(k)	2,400	2,470
Liberty Mutual Group, Inc. 4.569% 2/1/2029 (g)	2,929	2,928
Lloyds Banking Group PLC 4.582% 12/10/2025	4,600	4,598
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) (k)	9,800	9,669
LPL Holdings, Inc. 4.625% 11/15/2027 (g)	22,510	22,397
LPL Holdings, Inc. 4.00% 3/15/2029 (g)	19,120	18,541
LPL Holdings, Inc. 4.375% 5/15/2031 (g)	21,690	20,747
M&T Bank Corp. 7.413% 10/30/2029 (USD-SOFR + 2.80% on 10/30/2028) (k)	13,352	14,455
M&T Bank Corp. 6.082% 3/13/2032 (USD-SOFR + 2.26% on 3/13/2031) (k)	19,000	19,998
Marsh & McLennan Cos., Inc. 4.85% 11/15/2031	11,250	11,392
Marsh & McLennan Cos., Inc. 5.00% 3/15/2035	7,250	7,237
Marsh & McLennan Cos., Inc. 5.40% 3/15/2055	4,500	4,297
Mastercard, Inc. 4.35% 1/15/2032	219	217
Mastercard, Inc. 4.85% 3/9/2033	33	33
Metropolitan Life Global Funding I 5.05% 6/11/2027 (g)	3,000	3,037
Metropolitan Life Global Funding I 5.15% 3/28/2033 (g)	3,578	3,643
Mizuho Financial Group, Inc. 1.979% 9/8/2031 (3-month USD CME Term SOFR + 1.532% on 9/8/2030) (k)	3,350	2,928
Morgan Stanley 5.652% 4/13/2028 (USD-SOFR + 1.01% on 4/13/2027) (k)	2,000	2,038
Morgan Stanley 5.123% 2/1/2029 (USD-SOFR + 1.73% on 2/1/2028) (k)	2,250	2,283
Morgan Stanley 4.994% 4/12/2029 (USD-SOFR + 1.38% on 4/12/2028) (k)	2,175	2,202
Morgan Stanley 5.164% 4/20/2029 (USD-SOFR + 1.59% on 4/20/2028) (k)	10,134	10,299
Morgan Stanley 5.449% 7/20/2029 (USD-SOFR + 1.63% on 7/20/2028) (k)	2,175	2,233

8 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Financials (continued)
Morgan Stanley 5.042% 7/19/2030 (USD-SOFR + 1.215% on 7/19/2029) (k)	USD6,432	$6,545
Morgan Stanley 5.23% 1/15/2031 (USD-SOFR + 1.108% on 1/15/2030) (k)	4,037	4,137
Morgan Stanley 2.699% 1/22/2031 (USD-SOFR + 1.143% on 1/22/2030) (k)	1,001	923
Morgan Stanley 5.192% 4/17/2031 (USD-SOFR + 1.51% on 4/17/2030) (k)	773	790
Morgan Stanley 5.516% 11/19/2055 (USD-SOFR + 1.71% on 11/19/2054) (k)	9,586	9,397
Nasdaq, Inc. 5.55% 2/15/2034	871	904
Nationstar Mortgage Holdings, Inc. 7.125% 2/1/2032 (g)	13,930	14,558
Navient Corp. 6.75% 6/15/2026	15,000	15,161
Navient Corp. 5.00% 3/15/2027	19,710	19,508
Navient Corp. 4.875% 3/15/2028	3,085	3,013
Navient Corp. 5.50% 3/15/2029	95,140	93,153
Navient Corp. 9.375% 7/25/2030	2,275	2,488
Navient Corp. 11.50% 3/15/2031	43,790	49,309
Navient Corp. 7.875% 6/15/2032	40,160	41,866
Navient Corp. 5.625% 8/1/2033	13,460	12,140
New York Life Global Funding 4.55% 1/28/2033 (g)	3,288	3,233
Northwestern Mutual Global Funding 1.75% 1/11/2027 (g)	8,500	8,193
Northwestern Mutual Global Funding 4.11% 9/12/2027 (g)	3,000	2,992
OneMain Finance Corp. 3.875% 9/15/2028	9,644	9,205
OneMain Finance Corp. 6.625% 5/15/2029	31,150	31,852
OneMain Finance Corp. 5.375% 11/15/2029	15,380	15,093
OneMain Finance Corp. 7.875% 3/15/2030	26,250	27,657
OneMain Finance Corp. 6.125% 5/15/2030	21,265	21,318
OneMain Finance Corp. 7.50% 5/15/2031	6,010	6,269
OneMain Finance Corp. 7.125% 11/15/2031	34,750	35,905
OneMain Finance Corp. 7.125% 9/15/2032	28,370	29,275
Osaic Holdings, Inc. 10.75% 8/1/2027 (g)	54,467	54,467
Osaic Holdings, Inc. 6.75% 8/1/2032 (g)	20,000	20,257
Osaic Holdings, Inc. 8.00% 8/1/2033 (g)	17,935	18,240
Osaic Holdings, Inc., Term Loan B4, (3-month USD CME Term SOFR + 3.50%) 7.856% 8/17/2028 (i)(j)	25,210	25,279
Osaic Holdings, Inc., Term Loan B, (1-month USD CME Term SOFR + 3.00%) 7.343% 7/17/2032 (i)(j)	36,855	36,920
Oxford Finance, LLC 6.375% 2/1/2027 (g)	13,940	13,919
PayPal Holdings, Inc. 2.65% 10/1/2026	957	939
PayPal Holdings, Inc. 2.30% 6/1/2030	674	612
PennyMac Financial Services, Inc. 6.875% 5/15/2032 (g)	32,290	32,927
PennyMac Financial Services, Inc. 6.875% 2/15/2033 (g)	24,030	24,509
Prudential Financial, Inc. 4.35% 2/25/2050	5,205	4,278
Prudential Financial, Inc. 3.70% 3/13/2051	755	552
Rocket Mortgage, LLC 2.875% 10/15/2026 (g)	12,990	12,677
Rocket Mortgage, LLC 3.625% 3/1/2029 (g)	6,645	6,282
Royal Bank of Canada 4.522% 10/18/2028 (USD-SOFR + 0.86% on 10/18/2027) (k)	3,000	3,002
Royal Bank of Canada 4.498% 8/6/2029 (USD-SOFR + 0.89% on 8/6/2028) (k)	3,000	3,003
Royal Bank of Canada 4.971% 5/2/2031 (USD-SOFR Index + 1.13% on 5/2/2030) (k)	8,250	8,363
Ryan Specialty, LLC 4.375% 2/1/2030 (g)	30,295	29,106
Ryan Specialty, LLC 5.875% 8/1/2032 (g)	14,970	15,025
Santander Holdings USA, Inc. 6.124% 5/31/2027 (USD-SOFR + 1.232% on 5/31/2026) (k)	3,575	3,612
Santander Holdings USA, Inc. 2.49% 1/6/2028 (USD-SOFR + 1.249% on 1/6/2027) (k)	5,250	5,089
Santander Holdings USA, Inc. 6.499% 3/9/2029 (USD-SOFR + 2.356% on 3/9/2028) (k)	10,750	11,195
Santander Holdings USA, Inc. 5.473% 3/20/2029 (USD-SOFR + 1.61% on 3/20/2028) (k)	14,895	15,142
Santander Holdings USA, Inc. 6.565% 6/12/2029 (USD-SOFR + 2.70% on 6/12/2028) (k)	1,861	1,947
Santander Holdings USA, Inc. 6.174% 1/9/2030 (USD-SOFR + 2.50% on 1/9/2029) (k)	8,809	9,180
Santander Holdings USA, Inc. 5.353% 9/6/2030 (USD-SOFR + 1.94% on 9/6/2029) (k)	5,907	6,014
SLM Corp. 6.50% 1/31/2030	2,775	2,885
Starwood Property Trust, Inc. 4.375% 1/15/2027 (g)	33,055	32,516
Starwood Property Trust, Inc. 7.25% 4/1/2029 (g)	17,565	18,392
Starwood Property Trust, Inc. 6.50% 7/1/2030 (g)	14,100	14,515
Starwood Property Trust, Inc. 6.50% 10/15/2030 (g)	21,170	21,843
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) (g)(k)	1,400	1,400
Synchrony Bank 5.40% 8/22/2025	9,000	8,998
Synchrony Bank 5.625% 8/23/2027	9,000	9,155
Synchrony Financial 5.019% 7/29/2029 (USD-SOFR Index + 1.395% on 7/29/2028) (k)	2,874	2,873
Synchrony Financial 5.935% 8/2/2030 (USD-SOFR Index + 2.13% on 8/2/2029) (k)	14,592	15,002
Synchrony Financial 2.875% 10/28/2031	11,000	9,589
Toronto-Dominion Bank (The) 5.298% 1/30/2032	4,000	4,107
Truist Financial Corp. 7.161% 10/30/2029 (USD-SOFR + 2.446% on 10/30/2028) (k)	3,163	3,415

The Income Fund of America 9

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Financials (continued)
Truist Insurance Holdings, LLC, Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.046% 5/6/2032 (i)(j)	USD46,811	$47,922
U.S. Bancorp 2.375% 7/22/2026	5,000	4,909
U.S. Bancorp 5.424% 2/12/2036 (USD-SOFR + 1.411% on 2/12/2035) (k)	7,250	7,383
UBS Group AG 4.125% 9/24/2025 (g)	4,425	4,421
UBS Group AG 1.364% 1/30/2027 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.08% on 1/30/2026) (g)(k)	2,650	2,607
UBS Group AG 1.305% 2/2/2027 (USD-SOFR + 0.98% on 2/2/2026) (g)(k)	20,134	19,804
UBS Group AG 1.494% 8/10/2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on 8/10/2026) (g)(k)	6,000	5,811
UBS Group AG 4.751% 5/12/2028 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 5/12/2027) (g)(k)	1,407	1,412
UBS Group AG 6.442% 8/11/2028 (USD-SOFR + 3.70% on 8/11/2027) (g)(k)	6,152	6,368
UBS Group AG 3.869% 1/12/2029 (3-month USD CME Term SOFR + 1.672% on 1/12/2028) (g)(k)	7,429	7,311
UBS Group AG 6.246% 9/22/2029 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.80% on 9/22/2028) (g)(k)	5,269	5,522
UBS Group AG 5.428% 2/8/2030 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.52% on 2/8/2029) (g)(k)	1,325	1,359
UBS Group AG 4.194% 4/1/2031 (USD-SOFR + 3.73% on 4/1/2030) (g)(k)	3,050	2,983
UniCredit SpA 4.625% 4/12/2027 (g)	600	599
USI, Inc. 7.50% 1/15/2032 (g)	9,555	10,100
Visa, Inc. 3.15% 12/14/2025	6,750	6,718
Voyager Parent, LLC 9.25% 7/1/2032 (g)	29,555	31,283
Wells Fargo & Co. 4.90% 1/24/2028 (USD-SOFR + 0.78% on 1/24/2027) (k)	3,000	3,016
Wells Fargo & Co. 5.707% 4/22/2028 (USD-SOFR + 1.07% on 4/22/2027) (k)	7,575	7,725
Wells Fargo & Co. 2.393% 6/2/2028 (USD-SOFR + 2.10% on 6/2/2027) (k)	4,900	4,719
Wells Fargo & Co. 4.808% 7/25/2028 (USD-SOFR + 1.98% on 7/25/2027) (k)	8,248	8,295
Wells Fargo & Co. 4.97% 4/23/2029 (USD-SOFR + 1.37% on 4/23/2028) (k)	4,250	4,301
Wells Fargo & Co. 2.572% 2/11/2031 (USD-SOFR + 1.262% on 2/11/2030) (k)	7,350	6,741
Wells Fargo & Co. 6.491% 10/23/2034 (USD-SOFR + 2.06% on 10/23/2033) (k)	10,750	11,757
Westpac Banking Corp. 2.668% 11/15/2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 11/15/2030) (k)	9,400	8,306
Westpac Banking Corp. 2.963% 11/16/2040	4,325	3,203
		3,605,180
Energy 2.10%
Antero Midstream Partners, LP 5.375% 6/15/2029 (g)	17,795	17,659
Antero Midstream Partners, LP 6.625% 2/1/2032 (g)	2,430	2,500
APA Corp. 5.35% 7/1/2049 (g)	1,060	848
Archrock Partners, LP 6.625% 9/1/2032 (g)	2,345	2,382
Ascent Resources Utica Holdings, LLC 9.00% 11/1/2027 (g)	959	1,165
Ascent Resources Utica Holdings, LLC 5.875% 6/30/2029 (g)	8,625	8,601
Ascent Resources Utica Holdings, LLC 6.625% 10/15/2032 (g)	25,230	25,686
Ascent Resources Utica Holdings, LLC 6.625% 7/15/2033 (g)	13,715	13,917
Baker Hughes Holdings, LLC 4.486% 5/1/2030	1,400	1,401
Baytex Energy Corp. 8.50% 4/30/2030 (g)	8,155	8,306
Baytex Energy Corp. 7.375% 3/15/2032 (g)	9,285	8,987
BIP-V Chinook Holdco, LLC 5.50% 6/15/2031 (g)	36,675	35,855
Blue Racer Midstream, LLC 7.00% 7/15/2029 (g)	4,095	4,250
Blue Racer Midstream, LLC 7.25% 7/15/2032 (g)	3,045	3,213
Borr IHC, Ltd. 10.00% 11/15/2028 (g)	49,328	47,379
Borr IHC, Ltd. 10.375% 11/15/2030 (g)	2,874	2,716
California Resources Corp. 7.125% 2/1/2026 (g)	13,137	13,197
Canadian Natural Resources, Ltd. 3.85% 6/1/2027	200	198
Canadian Natural Resources, Ltd. 4.95% 6/1/2047	534	459
Cheniere Energy, Inc. 4.625% 10/15/2028	22,775	22,661
Chevron USA, Inc. 4.687% 4/15/2030	14,181	14,393
Chord Energy Corp. 6.75% 3/15/2033 (g)	19,230	19,631
CITGO Petroleum Corp. 8.375% 1/15/2029 (g)	32,845	34,143
Civitas Resources, Inc. 8.375% 7/1/2028 (g)	16,625	17,117
Civitas Resources, Inc. 8.625% 11/1/2030 (g)	7,165	7,318
Civitas Resources, Inc. 8.75% 7/1/2031 (g)	31,405	31,832
Civitas Resources, Inc. 9.625% 6/15/2033 (g)	5,980	6,156
CNX Midstream Partners, LP 4.75% 4/15/2030 (g)	8,065	7,627
CNX Resources Corp. 6.00% 1/15/2029 (g)	37,027	37,039
CNX Resources Corp. 7.375% 1/15/2031 (g)	25,699	26,511

10 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Energy (continued)
CNX Resources Corp. 7.25% 3/1/2032 (g)	USD21,990	$22,692
Comstock Resources, Inc. 6.75% 3/1/2029 (g)	22,880	22,640
Comstock Resources, Inc. 5.875% 1/15/2030 (g)	18,845	17,804
Constellation Oil Services Holding SA 9.375% 11/7/2029 (g)	47,935	49,151
Constellation Oil Services Holding SA 9.375% 11/7/2029	3,460	3,548
Crescent Energy Finance, LLC 9.25% 2/15/2028 (g)	26,270	27,301
Crescent Energy Finance, LLC 7.625% 4/1/2032 (g)	11,750	11,492
Crescent Energy Finance, LLC 7.375% 1/15/2033 (g)	32,175	30,809
Crescent Energy Finance, LLC 8.375% 1/15/2034 (g)	13,055	12,932
Devon Energy Corp. 4.50% 1/15/2030	3,138	3,109
Devon Energy Corp. 5.20% 9/15/2034	3,183	3,094
Devon Energy Corp. 5.75% 9/15/2054	12,317	11,044
Diamond Foreign Asset Co. 8.50% 10/1/2030 (g)	4,545	4,741
Diamondback Energy, Inc. 5.40% 4/18/2034	500	501
Diamondback Energy, Inc. 5.55% 4/1/2035	4,000	4,028
Diamondback Energy, Inc. 5.75% 4/18/2054	4,982	4,632
DT Midstream, Inc. 4.125% 6/15/2029 (g)	8,935	8,610
DT Midstream, Inc. 4.375% 6/15/2031 (g)	9,670	9,211
Ecopetrol SA 8.875% 1/13/2033	65,810	69,065
Encino Acquisition Partners Holdings, LLC 8.75% 5/1/2031 (g)	10,860	11,991
Energy Transfer, LP 4.75% 1/15/2026	6,000	6,000
Energy Transfer, LP 4.20% 4/15/2027	2,450	2,436
Energy Transfer, LP 4.00% 10/1/2027	1,900	1,882
Energy Transfer, LP 4.95% 6/15/2028	1,950	1,971
Energy Transfer, LP 7.375% 2/1/2031 (g)	14,441	15,106
Eni SpA 5.95% 5/15/2054 (g)	1,780	1,718
Enterprise Products Operating, LLC 5.05% 1/10/2026	8,571	8,587
Enterprise Products Operating, LLC 3.20% 2/15/2052	400	262
EOG Resources, Inc. 5.00% 7/15/2032	3,000	3,024
EOG Resources, Inc. 5.35% 1/15/2036	3,000	3,024
EOG Resources, Inc. 5.65% 12/1/2054	4,909	4,777
EOG Resources, Inc. 5.95% 7/15/2055	4,000	4,043
EQT Corp. 4.75% 1/15/2031 (g)	4,445	4,381
Equinor ASA 4.25% 11/23/2041	3,000	2,657
Expand Energy Corp. 4.75% 2/1/2032	650	632
Expand Energy Corp. 4.875% 4/15/2032 (l)	28,085	110
Exxon Mobil Corp. 2.44% 8/16/2029	65	61
Genesis Energy, LP 7.75% 2/1/2028	15,880	16,050
Genesis Energy, LP 8.25% 1/15/2029	28,935	30,205
Genesis Energy, LP 8.875% 4/15/2030	31,359	33,223
Genesis Energy, LP 7.875% 5/15/2032	22,295	23,077
Global Partners, LP 8.25% 1/15/2032 (g)	7,690	8,070
Global Partners, LP 7.125% 7/1/2033 (g)	5,730	5,823
GreenSaif Pipelines Bidco SARL 5.853% 2/23/2036 (g)	8,795	9,024
GreenSaif Pipelines Bidco SARL 6.129% 2/23/2038	6,150	6,403
GreenSaif Pipelines Bidco SARL 6.51% 2/23/2042	3,555	3,729
GreenSaif Pipelines Bidco SARL 6.103% 8/23/2042 (g)	7,750	7,894
Harvest Midstream I, LP 7.50% 9/1/2028 (g)	23,275	23,579
Harvest Midstream I, LP 7.50% 5/15/2032 (g)	18,570	19,321
Hess Midstream Operations, LP 5.875% 3/1/2028 (g)	5,150	5,239
Hess Midstream Operations, LP 5.125% 6/15/2028 (g)	14,435	14,372
Hess Midstream Operations, LP 6.50% 6/1/2029 (g)	7,135	7,355
Hess Midstream Operations, LP 4.25% 2/15/2030 (g)	5,020	4,862
Hess Midstream Operations, LP 5.50% 10/15/2030 (g)	8,545	8,589
Hilcorp Energy I, LP 5.75% 2/1/2029 (g)	1,410	1,386
Hilcorp Energy I, LP 6.00% 4/15/2030 (g)	17,350	17,079
Hilcorp Energy I, LP 6.00% 2/1/2031 (g)	25,185	24,354
Hilcorp Energy I, LP 6.25% 4/15/2032 (g)	3,840	3,690
Hilcorp Energy I, LP 8.375% 11/1/2033 (g)	18,035	18,837
Kimmeridge Texas Gas, LLC 8.50% 2/15/2030 (g)	9,105	9,363
Kinder Morgan Energy Partners, LP 4.70% 11/1/2042	33,265	28,679
Kinder Morgan Energy Partners, LP 5.00% 3/1/2043	20,000	17,886
Kinder Morgan, Inc. 5.00% 2/1/2029	3	3
Kinder Morgan, Inc. 5.40% 2/1/2034	890	899
Kinder Morgan, Inc. 5.45% 8/1/2052	264	241
Kodiak Gas Services, LLC 7.25% 2/15/2029 (g)	16,690	17,108

The Income Fund of America 11

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Energy (continued)
Matador Resources Co. 6.50% 4/15/2032 (g)	USD11,845	$11,890
Matador Resources Co. 6.25% 4/15/2033 (g)	10,760	10,687
MEG Energy Corp. 5.875% 2/1/2029 (g)	230	231
Mesquite Energy, Inc. 7.25% 2/15/2023 (g)(l)	5,374	20
MPLX, LP 1.75% 3/1/2026	1,950	1,917
Murphy Oil Corp. 6.00% 10/1/2032	5,070	4,870
Nabors Industries, Inc. 7.375% 5/15/2027 (g)	14,885	15,036
Nabors Industries, Inc. 9.125% 1/31/2030 (g)	29,500	29,227
New Fortress Energy, Inc. 6.50% 9/30/2026 (g)	20,780	7,290
New Fortress Energy, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.50%) 9.807% 10/30/2028 (i)(j)	1,674	791
NFE Financing, LLC 12.00% 11/15/2029 (g)	296,013	105,161
Noble Finance II, LLC 8.00% 4/15/2030 (g)	33,050	33,739
Northern Oil and Gas, Inc. 8.125% 3/1/2028 (g)	43,345	43,805
Northern Oil and Gas, Inc. 8.75% 6/15/2031 (g)	39,610	40,744
NuStar Logistics, LP 6.00% 6/1/2026	9,165	9,201
NuStar Logistics, LP 5.625% 4/28/2027	6,754	6,793
Occidental Petroleum Corp. 8.50% 7/15/2027	13,000	13,697
Occidental Petroleum Corp. 6.375% 9/1/2028	10,000	10,365
Occidental Petroleum Corp. 5.20% 8/1/2029	8,307	8,334
Occidental Petroleum Corp. 8.875% 7/15/2030	34,900	39,804
Occidental Petroleum Corp. 6.625% 9/1/2030	42,000	44,365
Occidental Petroleum Corp. 5.375% 1/1/2032	23,000	22,823
Occidental Petroleum Corp. 5.55% 10/1/2034	34,622	33,984
Occidental Petroleum Corp. 6.45% 9/15/2036	4,428	4,510
ONEOK, Inc. 5.65% 11/1/2028	500	516
Parkland Corp. 4.625% 5/1/2030 (g)	5,545	5,322
Permian Resources Operating, LLC 8.00% 4/15/2027 (g)	8,455	8,652
Permian Resources Operating, LLC 5.875% 7/1/2029 (g)	650	651
Permian Resources Operating, LLC 9.875% 7/15/2031 (g)	16,931	18,446
Permian Resources Operating, LLC 7.00% 1/15/2032 (g)	12,880	13,312
Permian Resources Operating, LLC 6.25% 2/1/2033 (g)	13,335	13,427
Petroleos Mexicanos 6.875% 10/16/2025	12,742	12,763
Petroleos Mexicanos 4.50% 1/23/2026	3,000	2,978
Petroleos Mexicanos 6.875% 8/4/2026	24,572	24,686
Petroleos Mexicanos 6.50% 3/13/2027	49,635	49,686
Petroleos Mexicanos 6.50% 1/23/2029	865	863
Petroleos Mexicanos 8.75% 6/2/2029	32,208	33,963
Petroleos Mexicanos 6.84% 1/23/2030	27,282	26,864
Petroleos Mexicanos 5.95% 1/28/2031	41,932	38,947
Petroleos Mexicanos 6.70% 2/16/2032	123,631	117,922
Petroleos Mexicanos 10.00% 2/7/2033	18,000	20,083
Petroleos Mexicanos 6.50% 6/2/2041	2,456	1,947
Petroleos Mexicanos 6.375% 1/23/2045	984	744
Petroleos Mexicanos 6.75% 9/21/2047	23,557	18,263
Petroleos Mexicanos 6.35% 2/12/2048	8,174	6,276
Petroleos Mexicanos 7.69% 1/23/2050	27,894	23,665
Petroleos Mexicanos 6.95% 1/28/2060	44,625	34,473
Plains All American Pipeline, LP 3.80% 9/15/2030	450	429
Range Resources Corp. 8.25% 1/15/2029	11,472	11,771
Range Resources Corp. 4.75% 2/15/2030 (g)	4,415	4,296
Rockies Express Pipeline, LLC 4.95% 7/15/2029 (g)	11,768	11,550
Saudi Arabian Oil Co. 5.75% 7/17/2054 (g)	11,250	10,595
Saudi Arabian Oil Co. 5.875% 7/17/2064 (g)	1,000	932
Seadrill Finance, Ltd. 8.375% 8/1/2030 (g)	10,965	11,211
SM Energy Co. 6.50% 7/15/2028	2,975	2,996
South Bow USA Infrastructure Holdings, LLC 4.911% 9/1/2027 (g)	517	519
South Bow USA Infrastructure Holdings, LLC 5.026% 10/1/2029 (g)	3,465	3,463
Suburban Propane Partners, LP 5.00% 6/1/2031 (g)	6,125	5,758
Summit Midstream Holdings, LLC 8.625% 10/31/2029 (g)	19,570	19,951
Sunoco, LP 6.00% 4/15/2027	12,160	12,162
Sunoco, LP 5.875% 3/15/2028	12,700	12,676
Sunoco, LP 7.00% 9/15/2028 (g)	14,945	15,406
Sunoco, LP 7.00% 5/1/2029 (g)	10,240	10,607
Sunoco, LP 4.50% 5/15/2029	12,580	12,204
Sunoco, LP 4.50% 4/30/2030	6,950	6,670
Sunoco, LP 7.25% 5/1/2032 (g)	1,385	1,453

12 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Energy (continued)
Sunoco, LP 6.25% 7/1/2033 (g)	USD14,590	$14,787
Superior Plus, LP 4.50% 3/15/2029 (g)	9,082	8,672
Talos Production, Inc. 9.00% 2/1/2029 (g)	7,985	8,191
Talos Production, Inc. 9.375% 2/1/2031 (g)	13,725	14,009
Targa Resources Partners, LP 6.875% 1/15/2029	9,385	9,581
Tidewater, Inc. 9.125% 7/15/2030 (g)	4,155	4,361
TotalEnergies Capital SA 5.275% 9/10/2054	7,500	6,965
TransCanada Pipelines, Ltd. 4.10% 4/15/2030	4,504	4,389
Transocean Poseidon, Ltd. 6.875% 2/1/2027 (g)	22,987	23,043
Transocean Titan Financing, Ltd. 8.375% 2/1/2028 (g)	28,020	28,742
Transocean, Inc. 8.00% 2/1/2027 (g)	2,130	2,116
Transocean, Inc. 8.25% 5/15/2029 (g)	9,080	8,584
Transocean, Inc. 8.75% 2/15/2030 (g)	984	1,021
Transocean, Inc. 8.50% 5/15/2031 (g)	14,395	13,239
Valero Energy Corp. 4.00% 4/1/2029	5,000	4,907
Venture Global Calcasieu Pass, LLC 3.875% 8/15/2029 (g)	20,300	19,178
Venture Global Calcasieu Pass, LLC 6.25% 1/15/2030 (g)	7,746	7,961
Venture Global Calcasieu Pass, LLC 4.125% 8/15/2031 (g)	40,865	37,776
Venture Global LNG, Inc. 8.125% 6/1/2028 (g)	1,040	1,077
Venture Global LNG, Inc. 7.00% 1/15/2030 (g)	16,110	16,348
Venture Global LNG, Inc. 8.375% 6/1/2031 (g)	63,960	66,201
Venture Global LNG, Inc. 9.875% 2/1/2032 (g)	15,640	16,884
Venture Global Plaquemines LNG, LLC 7.50% 5/1/2033 (g)	22,745	24,578
Venture Global Plaquemines LNG, LLC 6.50% 1/15/2034 (g)	15,050	15,492
Venture Global Plaquemines LNG, LLC 7.75% 5/1/2035 (g)	14,885	16,330
Venture Global Plaquemines LNG, LLC 6.75% 1/15/2036 (g)	30,550	31,446
Vital Energy, Inc. 7.875% 4/15/2032 (g)	15,130	13,294
Weatherford International, Ltd. 8.625% 4/30/2030 (g)	83,543	85,894
		2,812,001
Consumer discretionary 2.04%
Advance Auto Parts, Inc. 5.90% 3/9/2026	500	503
Advance Auto Parts, Inc. 5.95% 3/9/2028	1,525	1,533
Advance Auto Parts, Inc. 3.90% 4/15/2030	6,201	5,627
Advance Auto Parts, Inc. 3.50% 3/15/2032	5,274	4,510
Advance Auto Parts, Inc. 7.375% 8/1/2033 (g)	1,415	1,423
Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 5.614%) 9.935% 3/11/2030 (c)(i)(j)	3,520	3,520
Aimbridge Acquisition Co., Inc., Term Loan, (1-month USD CME Term SOFR + 7.614%) 6.00% PIK and 5.929% Cash 3/11/2030 (c)(h)(i)(j)	3,239	3,239
Alibaba Group Holding, Ltd. 2.125% 2/9/2031	855	758
Alibaba Group Holding, Ltd. 4.50% 11/28/2034	930	899
Alibaba Group Holding, Ltd. 4.00% 12/6/2037	239	213
Allied Universal Holdco, LLC 4.625% 6/1/2028 (g)	22,900	22,230
Allied Universal Holdco, LLC 6.00% 6/1/2029 (g)	25,325	24,670
Allied Universal Holdco, LLC 6.875% 6/15/2030 (g)	4,795	4,912
Allied Universal Holdco, LLC 7.875% 2/15/2031 (g)	2,280	2,392
Allwyn Entertainment Financing (UK) PLC 7.875% 4/30/2029 (g)	23,527	24,506
Asbury Automotive Group, Inc. 4.625% 11/15/2029 (g)	48,325	46,468
Asbury Automotive Group, Inc. 5.00% 2/15/2032 (g)	4,555	4,312
Bath & Body Works, Inc. 6.875% 11/1/2035	14,928	15,384
Bath & Body Works, Inc. 6.75% 7/1/2036	15,505	15,716
Belron Finance 2019, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.049% 10/16/2031 (i)(j)	29,141	29,273
Boyd Gaming Corp. 4.75% 12/1/2027	22,590	22,425
Boyd Gaming Corp. 4.75% 6/15/2031 (g)	11,255	10,727
Boyne USA, Inc. 4.75% 5/15/2029 (g)	31,780	30,868
Caesars Entertainment, Inc. 4.625% 10/15/2029 (g)	19,495	18,437
Caesars Entertainment, Inc. 7.00% 2/15/2030 (g)	35,305	36,440
Caesars Entertainment, Inc. 6.50% 2/15/2032 (g)	26,445	26,986
Carnival Corp. 5.75% 3/1/2027 (g)	1,470	1,486
Carnival Corp. 4.00% 8/1/2028 (g)	1,995	1,939
Carnival Corp. 7.00% 8/15/2029 (g)	9,630	10,126
Carnival Corp. 5.75% 3/15/2030 (g)	14,000	14,209
Carnival Corp. 5.75% 8/1/2032 (g)	56,810	57,266
Carnival Corp. 6.125% 2/15/2033 (g)	6,395	6,512
Clarios Global, LP 8.50% 5/15/2027 (g)	15,740	15,865

The Income Fund of America 13

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Consumer discretionary (continued)
Cougar JV Subsidiary, LLC 8.00% 5/15/2032 (g)	USD15,730	$16,657
Daimler Trucks Finance North America, LLC 4.95% 1/13/2028 (g)	11,599	11,697
Daimler Trucks Finance North America, LLC 5.125% 1/19/2028 (g)	1,108	1,123
Daimler Trucks Finance North America, LLC 2.375% 12/14/2028 (g)	3,825	3,564
Daimler Trucks Finance North America, LLC 5.125% 9/25/2029 (g)	6,460	6,575
Daimler Trucks Finance North America, LLC 5.25% 1/13/2030 (g)	14,370	14,688
Fertitta Entertainment, LLC 4.625% 1/15/2029 (g)	35,920	34,176
Fertitta Entertainment, LLC 6.75% 1/15/2030 (g)	3,750	3,531
First Student Bidco, Inc. 4.00% 7/31/2029 (g)	38,200	36,060
First Student Bidco, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.796% 7/21/2028 (i)(j)	4,447	4,458
First Student Bidco, Inc., Term Loan C, (3-month USD CME Term SOFR + 2.50%) 6.796% 7/21/2028 (i)(j)	1,423	1,427
Flutter Treasury DAC 5.875% 6/4/2031 (g)	10,635	10,712
Ford Motor Co. 4.346% 12/8/2026	5,000	4,968
Ford Motor Co. 3.25% 2/12/2032	48,850	41,408
Ford Motor Credit Co., LLC 3.375% 11/13/2025	7,700	7,662
Ford Motor Credit Co., LLC 6.95% 3/6/2026	2,180	2,197
Ford Motor Credit Co., LLC 4.271% 1/9/2027	8,820	8,692
Ford Motor Credit Co., LLC 5.85% 5/17/2027	4,000	4,029
Ford Motor Credit Co., LLC 4.95% 5/28/2027	680	675
Ford Motor Credit Co., LLC 4.125% 8/17/2027	20,420	19,901
Ford Motor Credit Co., LLC 3.815% 11/2/2027	7,965	7,693
Ford Motor Credit Co., LLC 2.90% 2/16/2028	19,180	18,004
Ford Motor Credit Co., LLC 5.918% 3/20/2028	9,949	10,032
Ford Motor Credit Co., LLC 6.80% 5/12/2028	200	206
Ford Motor Credit Co., LLC 6.798% 11/7/2028	7,775	8,049
Ford Motor Credit Co., LLC 2.90% 2/10/2029	17,000	15,480
Ford Motor Credit Co., LLC 5.80% 3/8/2029	40,957	41,051
Ford Motor Credit Co., LLC 5.113% 5/3/2029	16,757	16,401
Ford Motor Credit Co., LLC 5.875% 11/7/2029	17,805	17,863
Ford Motor Credit Co., LLC 7.20% 6/10/2030	1,925	2,026
Ford Motor Credit Co., LLC 4.00% 11/13/2030	51,645	47,432
Ford Motor Credit Co., LLC 6.05% 3/5/2031	53,551	53,722
Ford Motor Credit Co., LLC 3.625% 6/17/2031	21,447	19,065
Ford Motor Credit Co., LLC 6.054% 11/5/2031	114,398	114,520
Ford Motor Credit Co., LLC 6.532% 3/19/2032	52,680	53,663
Ford Motor Credit Co., LLC 7.122% 11/7/2033	4,501	4,682
Ford Motor Credit Co., LLC 6.50% 2/7/2035	20,880	20,834
Gap, Inc. 3.625% 10/1/2029 (g)	2,507	2,317
Gap, Inc. 3.875% 10/1/2031 (g)	1,670	1,492
General Motors Co. 5.625% 4/15/2030	16,000	16,421
General Motors Co. 6.60% 4/1/2036	5,110	5,399
General Motors Co. 6.75% 4/1/2046	12,230	12,761
General Motors Financial Co., Inc. 4.90% 10/6/2029	2,061	2,058
General Motors Financial Co., Inc. 5.35% 1/7/2030	18,510	18,778
General Motors Financial Co., Inc. 5.90% 1/7/2035	32,462	32,782
Genting New York, LLC 7.25% 10/1/2029 (g)	5,525	5,692
Grand Canyon University 4.375% 10/1/2026	3,750	3,681
Great Canadian Gaming Corp. 8.75% 11/15/2029 (g)	3,355	3,288
Group 1 Automotive, Inc. 6.375% 1/15/2030 (g)	12,220	12,470
Hanesbrands, Inc. 9.00% 2/15/2031 (g)	14,012	14,766
Hanesbrands, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.106% 3/7/2032 (i)(j)	33,025	33,128
Hilton Domestic Operating Co., Inc. 4.875% 1/15/2030	30,661	30,262
Hilton Domestic Operating Co., Inc. 4.00% 5/1/2031 (g)	22,520	21,027
Hilton Domestic Operating Co., Inc. 5.75% 9/15/2033 (g)	31,890	31,940
Hilton Grand Vacations Borrower, LLC 5.00% 6/1/2029 (g)	17,560	16,819
Home Depot, Inc. 1.50% 9/15/2028	5,000	4,616
Home Depot, Inc. 2.95% 6/15/2029	5,000	4,772
Home Depot, Inc. 1.875% 9/15/2031	6,250	5,372
Home Depot, Inc. 5.95% 4/1/2041	12,500	13,165
Home Depot, Inc. 4.50% 12/6/2048	601	513
Home Depot, Inc. 5.30% 6/25/2054	8,500	8,104
Hyatt Hotels Corp. 5.05% 3/30/2028	7,086	7,158
Hyatt Hotels Corp. 5.75% 3/30/2032	23,992	24,616
Hyundai Capital America 1.80% 10/15/2025 (g)	1,871	1,859
Hyundai Capital America 1.30% 1/8/2026 (g)	9,000	8,864
Hyundai Capital America 1.50% 6/15/2026 (g)	7,378	7,177

14 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Consumer discretionary (continued)
Hyundai Capital America 5.45% 6/24/2026 (g)	USD8,611	$8,675
Hyundai Capital America 1.65% 9/17/2026 (g)	950	919
Hyundai Capital America 3.00% 2/10/2027 (g)	19,500	19,022
Hyundai Capital America 4.85% 3/25/2027 (g)	25,000	25,091
Hyundai Capital America 4.875% 6/23/2027 (g)	8,450	8,480
Hyundai Capital America 5.275% 6/24/2027 (g)	12,573	12,689
Hyundai Capital America 4.30% 9/24/2027 (g)	3,000	2,979
Hyundai Capital America 2.375% 10/15/2027 (g)	2,371	2,256
Hyundai Capital America 4.90% 6/23/2028 (g)	21,087	21,191
Hyundai Capital America 2.10% 9/15/2028 (g)	4,125	3,814
Hyundai Capital America 5.30% 1/8/2030 (g)	18,000	18,381
Hyundai Capital America 5.15% 3/27/2030 (g)	21,000	21,250
Hyundai Capital America 5.10% 6/24/2030 (g)	19,013	19,220
Hyundai Capital America 5.40% 1/8/2031 (g)	1,995	2,040
Hyundai Capital America 5.40% 6/24/2031 (g)	4,051	4,144
Hyundai Capital Services, Inc. 1.25% 2/8/2026 (g)	3,490	3,428
International Game Technology PLC 5.25% 1/15/2029 (g)	38,300	38,033
KB Home 7.25% 7/15/2030	10,295	10,612
Kontoor Brands, Inc. 4.125% 11/15/2029 (g)	5,180	4,827
LCM Investments Holdings II, LLC 4.875% 5/1/2029 (g)	45,987	44,726
LCM Investments Holdings II, LLC 8.25% 8/1/2031 (g)	22,295	23,589
Levi Strauss & Co. 3.50% 3/1/2031 (g)	41,305	37,882
Light and Wonder International, Inc. 7.00% 5/15/2028 (g)	15,145	15,170
Light and Wonder International, Inc. 7.25% 11/15/2029 (g)	3,107	3,197
Light and Wonder International, Inc. 7.50% 9/1/2031 (g)	7,895	8,235
Lindblad Expeditions, LLC 6.75% 2/15/2027 (g)	6,830	6,853
Lithia Motors, Inc. 3.875% 6/1/2029 (g)	37,385	35,249
Lithia Motors, Inc. 4.375% 1/15/2031 (g)	4,550	4,283
Marriott International, Inc. 4.90% 4/15/2029	2,504	2,536
Marriott International, Inc. 2.75% 10/15/2033	3,220	2,740
Marriott Ownership Resorts, Inc. 4.50% 6/15/2029 (g)	2,595	2,485
McDonald’s Corp. 4.60% 9/9/2032	1,790	1,788
McDonald’s Corp. 4.95% 3/3/2035	12,556	12,521
Melco Resorts Finance, Ltd. 5.75% 7/21/2028 (g)	11,330	11,121
Mercedes-Benz Finance North America, LLC 5.375% 11/26/2025 (g)	2,850	2,856
Mercury Aggregator, LP, Term Loan 2, 3.50% 4/3/2026 (c)(j)	641	245
Mercury Aggregator, LP, Term Loan, 13.50% 4/3/2026 (16.00% on 8/3/2025) (c)(j)(k)	1,121	428
MGM Resorts International 5.50% 4/15/2027	3,617	3,632
NCL Corp., Ltd. 5.875% 2/15/2027 (g)	19,985	20,057
Newell Brands, Inc. 8.50% 6/1/2028 (g)	11,130	11,691
Newell Brands Inc. 6.625% 9/15/2029	15,925	15,884
Newell Brands, Inc. 6.375% 5/15/2030	13,545	13,159
Newell Brands, Inc. 6.625% 5/15/2032	3,480	3,337
Nissan Motor Acceptance Corp. 2.00% 3/9/2026 (g)	16,020	15,718
Nissan Motor Acceptance Corp. 6.95% 9/15/2026 (g)	1,860	1,889
Nissan Motor Acceptance Corp. 1.85% 9/16/2026 (g)	17,890	17,178
Nissan Motor Acceptance Corp. 2.75% 3/9/2028 (g)	19,362	17,962
Nissan Motor Acceptance Corp. 2.45% 9/15/2028 (g)	9,883	8,938
Nissan Motor Acceptance Corp. 7.05% 9/15/2028 (g)	9,310	9,599
Nissan Motor Co., Ltd. 3.522% 9/17/2025 (g)	800	798
Nissan Motor Co., Ltd. 4.345% 9/17/2027 (g)	17,914	17,487
Nissan Motor Co., Ltd. 7.50% 7/17/2030 (g)	39,440	40,715
Nissan Motor Co., Ltd. 4.81% 9/17/2030 (g)	952	876
Nissan Motor Co., Ltd. 7.75% 7/17/2032 (g)	41,940	43,443
Nissan Motor Co., Ltd. 8.125% 7/17/2035 (g)	43,015	45,183
Party City Holdco, Inc. 12.00% PIK 1/11/2029 (a)(c)(g)(h)(l)	31,139	623
Penske Automotive Group, Inc. 3.75% 6/15/2029	7,275	6,892
RHP Hotel Properties, LP 7.25% 7/15/2028 (g)	15,445	15,939
RHP Hotel Properties, LP 4.50% 2/15/2029 (g)	22,335	21,739
RHP Hotel Properties, LP 6.50% 6/15/2033 (g)	17,660	18,098
Royal Caribbean Cruises, Ltd. 5.50% 4/1/2028 (g)	2,000	2,024
Royal Caribbean Cruises, Ltd. 5.625% 9/30/2031 (g)	5,495	5,538
Royal Caribbean Cruises, Ltd. 6.00% 2/1/2033 (g)	15,000	15,257
Sally Holdings, LLC 6.75% 3/1/2032	34,980	35,944
Sands China, Ltd. 3.80% 1/8/2026	7,075	7,048
Sands China, Ltd. 2.30% 3/8/2027	1,477	1,425

The Income Fund of America 15

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Consumer discretionary (continued)
Sands China, Ltd. 5.40% 8/8/2028	USD500	$507
Scientific Games Holdings, LP 6.625% 3/1/2030 (g)	5,755	5,548
Scientific Games Holdings, LP, Term Loan, (3-month USD CME Term SOFR + 3.00%) 7.286% 4/4/2029 (i)(j)	28,426	28,450
Service Corp. International 4.625% 12/15/2027	3,810	3,774
Service Corp. International 3.375% 8/15/2030	2,215	2,020
Service Corp. International 4.00% 5/15/2031	4,805	4,461
Service Corp. International 5.75% 10/15/2032	11,135	11,175
Somnigroup International, Inc. 4.00% 4/15/2029 (g)	4,625	4,398
Sonic Automotive, Inc. 4.625% 11/15/2029 (g)	53,085	51,095
Sonic Automotive, Inc. 4.875% 11/15/2031 (g)	46,860	44,202
Station Casinos, LLC 6.625% 3/15/2032 (g)	9,665	9,863
Toyota Motor Credit Corp. 1.90% 1/13/2027	8,500	8,220
Travel + Leisure Co. 4.50% 12/1/2029 (g)	18,020	17,316
Vail Resorts, Inc. 5.625% 7/15/2030 (a)(g)	10,760	10,826
Vail Resorts, Inc. 6.50% 5/15/2032 (a)(g)	22,380	23,016
Valvoline, Inc. 3.625% 6/15/2031 (g)	28,499	25,681
Volkswagen Group of America Finance, LLC 4.625% 11/13/2025 (g)	2,075	2,074
Volkswagen Group of America Finance, LLC 1.25% 11/24/2025 (g)	3,250	3,215
Volkswagen Group of America Finance, LLC 4.95% 8/15/2029 (g)	4,276	4,284
Volkswagen Group of America Finance, LLC 6.45% 11/16/2030 (g)	6,880	7,334
Voyager Parent, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.75%) 9.041% 7/1/2032 (i)(j)	16,760	16,793
WASH Multifamily Acquisition, Inc. 5.75% 4/15/2026 (g)	26,005	26,034
Whirlpool Corp. 6.125% 6/15/2030	10,405	10,388
Wyndham Hotels & Resorts, Inc. 4.375% 8/15/2028 (g)	20,505	19,912
Wynn Resorts Finance, LLC 5.125% 10/1/2029 (g)	4,975	4,940
Wynn Resorts Finance, LLC 7.125% 2/15/2031 (g)	12,820	13,643
Wynn Resorts Finance, LLC 6.25% 3/15/2033 (g)	3,505	3,518
		2,725,309
Communication services 1.97%
Alphabet, Inc. 5.25% 5/15/2055	1,280	1,257
Alphabet, Inc. 5.30% 5/15/2065	4,377	4,254
AT&T, Inc. 1.65% 2/1/2028	5,925	5,548
AT&T, Inc. 3.50% 9/15/2053	9,669	6,519
British Telecommunications PLC 9.625% 12/15/2030 (k)	3,261	3,987
CCO Holdings, LLC 5.00% 2/1/2028 (g)	7,395	7,262
CCO Holdings, LLC 5.375% 6/1/2029 (g)	1,295	1,273
CCO Holdings, LLC 4.75% 3/1/2030 (g)	21,307	20,261
CCO Holdings, LLC 4.50% 8/15/2030 (g)	41,075	38,460
CCO Holdings, LLC 4.25% 2/1/2031 (g)	95,503	87,296
CCO Holdings, LLC 4.75% 2/1/2032 (g)	55,115	50,999
CCO Holdings, LLC 4.50% 5/1/2032	84,299	76,552
CCO Holdings, LLC 4.50% 6/1/2033 (g)	81,159	72,143
CCO Holdings, LLC 4.25% 1/15/2034 (g)	43,414	37,446
Charter Communications Operating, LLC 4.80% 3/1/2050	11,481	8,909
Charter Communications Operating, LLC 3.70% 4/1/2051	46,939	30,323
Charter Communications Operating, LLC 3.90% 6/1/2052	34,569	22,937
Charter Communications Operating, LLC 5.25% 4/1/2053	7,531	6,214
Charter Communications Operating, LLC 5.50% 4/1/2063	8,889	7,281
Clear Channel Outdoor Holdings, Inc. 7.75% 4/15/2028 (g)	24,680	23,329
Clear Channel Outdoor Holdings, Inc. 7.50% 6/1/2029 (g)	2,400	2,189
Clear Channel Outdoor Holdings, Inc. 7.125% 2/15/2031 (g)	33,860	33,834
Comcast Corp. 4.80% 5/15/2033	8,500	8,442
Comcast Corp. 5.65% 6/1/2054	3,000	2,883
Connect Finco SARL 9.00% 9/15/2029 (g)	159,261	161,023
Connect Finco SARL, Term Loan B, (1-month USD CME Term SOFR + 4.50%) 8.856% 9/27/2029 (i)(j)	17,730	17,403
CSC Holdings, LLC 5.50% 4/15/2027 (g)	28,125	27,246
CSC Holdings, LLC, Term Loan B, (3-month USD CME Term SOFR + 4.50%) 8.842% 1/18/2028 (i)(j)	59,342	59,314
Diamond Sports Net, LLC, Term Loan, 15.00% PIK 1/2/2028 (h)(j)	719	632
DIRECTV Financing, LLC 5.875% 8/15/2027 (g)	80,985	80,590
DIRECTV Financing, LLC, Term Loan, (3-month USD CME Term SOFR + 5.00%) 9.57% 8/2/2027 (i)(j)	1,614	1,621
DISH Network Corp. 11.75% 11/15/2027 (g)	100,060	104,295
EchoStar Corp. 10.75% 11/30/2029	67,760	71,457
EchoStar Corp. 6.75% PIK 11/30/2030 (h)	685	650
Embarq, LLC 7.995% 6/1/2036	78,221	38,610

16 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Communication services (continued)
Frontier Communications Holdings, LLC 5.00% 5/1/2028 (g)	USD6,015	$6,013
Frontier Communications Holdings, LLC 6.75% 5/1/2029 (g)	78,240	79,051
Frontier Communications Holdings, LLC 5.875% 11/1/2029	57,407	58,053
Frontier Communications Holdings, LLC 6.00% 1/15/2030 (g)	59,229	59,981
Frontier Communications Holdings, LLC 8.75% 5/15/2030 (g)	22,025	23,073
Frontier Communications Holdings, LLC 8.625% 3/15/2031 (g)	10,275	10,895
Gray Media, Inc. 10.50% 7/15/2029 (g)	88,400	95,729
Gray Media, Inc. 4.75% 10/15/2030 (g)	18,529	13,874
Gray Media, Inc. 5.375% 11/15/2031 (g)	61,198	45,223
Gray Media, Inc. 9.625% 7/15/2032 (g)	25,861	26,106
Gray Television, Inc., Term Loan D, (3-month USD CME Term SOFR + 3.00%) 7.443% 12/1/2028 (i)(j)	18,233	18,217
Gray Television, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 9.579% 6/4/2029 (i)(j)	739	740
Lamar Media Corp. 3.625% 1/15/2031	8,515	7,840
Ligado Networks, LLC 17.50% PIK 11/1/2023 (g)(h)(l)	75,762	25,949
Ligado Networks, LLC, Term Loan, 17.50% PIK 10/4/2025 (c)(h)(j)	16,403	16,403
Live Nation Entertainment, Inc. 4.75% 10/15/2027 (g)	36,840	36,302
Meta Platforms, Inc. 4.75% 8/15/2034	7,500	7,474
Meta Platforms, Inc. 5.40% 8/15/2054	9,457	9,145
News Corp. 3.875% 5/15/2029 (g)	13,000	12,423
Nexstar Media, Inc. 5.625% 7/15/2027 (g)	10,315	10,301
Nexstar Media, Inc. 4.75% 11/1/2028 (g)	107,725	104,792
SBA Tower Trust 1.631% 11/15/2026 (g)	23,592	22,715
Scripps Escrow II, Inc. 3.875% 1/15/2029 (g)	12,000	10,663
Sinclair Television Group, Inc. 8.125% 2/15/2033 (g)	24,070	24,567
Sirius XM Radio, LLC 3.125% 9/1/2026 (g)	1,040	1,018
Sirius XM Radio, LLC 5.00% 8/1/2027 (g)	10,000	9,899
Sirius XM Radio, LLC 4.00% 7/15/2028 (g)	68,675	65,407
Sirius XM Radio, LLC 5.50% 7/1/2029 (g)	9,130	9,024
Sirius XM Radio, LLC 4.125% 7/1/2030 (g)	68,223	62,296
Sirius XM Radio, LLC 3.875% 9/1/2031 (g)	151,340	133,651
Snap, Inc. 6.875% 3/1/2033 (g)	28,195	28,931
Take-Two Interactive Software, Inc. 4.00% 4/14/2032	3,752	3,554
TEGNA, Inc. 5.00% 9/15/2029	12,100	11,642
T-Mobile USA, Inc. 2.05% 2/15/2028	9,725	9,181
T-Mobile USA, Inc. 4.95% 3/15/2028	5,224	5,290
T-Mobile USA, Inc. 4.80% 7/15/2028	7,250	7,339
T-Mobile USA, Inc. 5.125% 5/15/2032	6,179	6,271
T-Mobile USA, Inc. 5.30% 5/15/2035	7,945	8,009
T-Mobile USA, Inc. 3.40% 10/15/2052	3,839	2,563
Univision Communications, Inc. 8.00% 8/15/2028 (g)	18,225	18,738
Univision Communications, Inc. 4.50% 5/1/2029 (g)	87,729	81,251
Univision Communications, Inc. 7.375% 6/30/2030 (g)	38,826	38,651
Univision Communications, Inc. 8.50% 7/31/2031 (g)	2,365	2,404
Univision Communications, Inc. 9.375% 8/1/2032 (g)	44,300	45,995
Univision Communications, Inc., Term Loan, (3-month USD CME Term SOFR + 4.25%) 8.546% 6/24/2029 (i)(j)	575	578
Verizon Communications, Inc. 2.55% 3/21/2031	4,318	3,868
Verizon Communications, Inc. 2.355% 3/15/2032	5,696	4,899
Verizon Communications, Inc. 5.05% 5/9/2033	3,816	3,852
Verizon Communications, Inc. 5.25% 4/2/2035	10,570	10,616
Verizon Communications, Inc. 3.40% 3/22/2041	8,500	6,557
Verizon Communications, Inc. 2.875% 11/20/2050	1,266	785
Verizon Communications, Inc. 2.987% 10/30/2056	3,235	1,942
WarnerMedia Holdings, Inc. 3.755% 3/15/2027	1,752	1,719
WarnerMedia Holdings, Inc. 4.054% 3/15/2029	93,034	87,413
WarnerMedia Holdings, Inc. 4.279% 3/15/2032	45,160	37,951
WarnerMedia Holdings, Inc. 5.05% 3/15/2042	44,970	30,099
WarnerMedia Holdings, Inc. 5.141% 3/15/2052	1,244	770
WMG Acquisition Corp. 3.75% 12/1/2029 (g)	4,771	4,484
WMG Acquisition Corp. 3.875% 7/15/2030 (g)	30,599	28,591
WMG Acquisition Corp. 3.00% 2/15/2031 (g)	7,235	6,616
X Corp., Term Loan B3, 9.50% 10/26/2029 (j)	6,175	6,004
X Corp., Term Loan B, (USD-SOFR + 6.50%) 10.958% 10/26/2029 (i)(j)	1,135	1,108
		2,636,934

The Income Fund of America 17

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Health care 1.61%
1261229 B.C., Ltd. 10.00% 4/15/2032 (g)	USD45,005	$45,847
AbbVie, Inc. 4.95% 3/15/2031	1,175	1,199
AbbVie, Inc. 5.05% 3/15/2034	1,050	1,064
AbbVie, Inc. 4.55% 3/15/2035	6,750	6,524
AbbVie, Inc. 5.20% 3/15/2035	5,093	5,184
AbbVie, Inc. 5.35% 3/15/2044	375	367
AbbVie, Inc. 4.75% 3/15/2045	1,203	1,081
AbbVie, Inc. 5.40% 3/15/2054	10,500	10,126
AbbVie, Inc. 5.60% 3/15/2055	3,451	3,430
AdaptHealth, LLC 6.125% 8/1/2028 (g)	12,771	12,703
AdaptHealth, LLC 4.625% 8/1/2029 (g)	17,155	16,089
AdaptHealth, LLC 5.125% 3/1/2030 (g)	9,115	8,576
Amgen, Inc. 5.25% 3/2/2030	2,990	3,073
Amgen, Inc. 5.25% 3/2/2033	7,168	7,314
Amgen, Inc. 5.60% 3/2/2043	6,753	6,674
Amgen, Inc. 5.65% 3/2/2053	8,387	8,116
Amgen, Inc. 4.40% 2/22/2062	3,249	2,503
Amgen, Inc. 5.75% 3/2/2063	1,847	1,773
Amneal Pharmaceuticals, LLC 6.875% 8/1/2032 (g)	455	462
AstraZeneca Finance, LLC 1.75% 5/28/2028	5,612	5,256
AstraZeneca Finance, LLC 4.90% 2/26/2031	4,050	4,153
AstraZeneca Finance, LLC 5.00% 2/26/2034	8,375	8,492
AstraZeneca PLC 3.375% 11/16/2025	4,500	4,484
Avantor Funding, Inc. 4.625% 7/15/2028 (g)	13,220	12,934
Avantor Funding, Inc. 3.875% 11/1/2029 (g)	28,430	26,835
Bausch + Lomb Corp. 8.375% 10/1/2028 (g)	17,435	18,200
Bausch Health Americas, Inc. 9.25% 4/1/2026 (g)	6,535	6,550
Bausch Health Americas, Inc. 8.50% 1/31/2027 (g)	37,720	37,425
Bausch Health Cos., Inc. 4.875% 6/1/2028 (g)	365	323
Baxter International, Inc. 1.915% 2/1/2027	9,739	9,377
Baxter International, Inc. 2.272% 12/1/2028	5,534	5,149
Bayer US Finance II, LLC 4.40% 7/15/2044 (g)	13,090	10,226
Bayer US Finance, LLC 6.125% 11/21/2026 (g)	9,951	10,110
Bayer US Finance, LLC 6.25% 1/21/2029 (g)	5,902	6,186
Biocon Biologics Global PLC 6.67% 10/9/2029 (g)	15,000	14,130
Biocon Biologics Global PLC 6.67% 10/9/2029	5,000	4,710
Bristol-Myers Squibb Co. 5.10% 2/22/2031	4,675	4,812
Bristol-Myers Squibb Co. 5.20% 2/22/2034	10,525	10,754
Bristol-Myers Squibb Co. 5.55% 2/22/2054	1,500	1,452
Bristol-Myers Squibb Co. 5.65% 2/22/2064	7,000	6,767
Centene Corp. 4.25% 12/15/2027	24,109	23,393
Centene Corp. 2.45% 7/15/2028	15,555	14,192
Centene Corp. 4.625% 12/15/2029	24,871	23,667
Centene Corp. 3.375% 2/15/2030	20,203	18,204
Centene Corp. 3.00% 10/15/2030	1,760	1,534
Centene Corp. 2.50% 3/1/2031	21,973	18,461
Centene Corp. 2.625% 8/1/2031	16,982	14,192
Charles River Laboratories International, Inc. 4.25% 5/1/2028 (g)	27,840	27,008
CHS / Community Health Systems, Inc. 5.625% 3/15/2027 (g)	68,965	69,117
CHS / Community Health Systems, Inc. 6.00% 1/15/2029 (g)	900	856
CHS / Community Health Systems, Inc. 5.25% 5/15/2030 (g)	38,125	33,387
CHS / Community Health Systems, Inc. 10.875% 1/15/2032 (g)	6,570	6,896
CVS Health Corp. 5.00% 1/30/2029	7,413	7,514
CVS Health Corp. 5.40% 6/1/2029	9,561	9,817
CVS Health Corp. 5.55% 6/1/2031	7,012	7,266
CVS Health Corp. 5.70% 6/1/2034	8,598	8,809
CVS Health Corp. 5.875% 6/1/2053	1,598	1,516
DaVita, Inc. 4.625% 6/1/2030 (g)	1,435	1,369
DaVita, Inc. 3.75% 2/15/2031 (g)	20,865	18,939
DaVita, Inc. 6.875% 9/1/2032 (g)	7,235	7,444
DaVita, Inc. 6.75% 7/15/2033 (g)	20,730	21,397
Elevance Health, Inc. 4.90% 2/8/2026	4,176	4,176
Elevance Health, Inc. 5.20% 2/15/2035	2,213	2,212
Elevance Health, Inc. 5.125% 2/15/2053	1,296	1,144
Eli Lilly and Co. 5.10% 2/12/2035	14,179	14,424
Encompass Health Corp. 4.50% 2/1/2028	13,743	13,523

18 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Health care (continued)
Encompass Health Corp. 4.75% 2/1/2030	USD4,560	$4,461
Endo Finance Holdings, Inc. 8.50% 4/15/2031 (g)	39,665	42,246
Endo Finance Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.00%) 8.356% 4/23/2031 (i)(j)	66,031	66,299
GE HealthCare Technologies, Inc. 4.80% 8/14/2029	2,726	2,758
Gilead Sciences, Inc. 5.25% 10/15/2033	7,353	7,580
Gilead Sciences, Inc. 5.55% 10/15/2053	3,059	3,006
HCA, Inc. 5.875% 2/15/2026	12,399	12,409
HCA, Inc. 3.375% 3/15/2029	4,074	3,909
HCA, Inc. 3.625% 3/15/2032	4,250	3,913
HCA, Inc. 4.375% 3/15/2042	4,250	3,543
HCA, Inc. 4.625% 3/15/2052	3,997	3,197
Humana, Inc. 5.375% 4/15/2031	6,292	6,420
Humana, Inc. 5.95% 3/15/2034	2,500	2,597
Humana, Inc. 5.55% 5/1/2035	10,618	10,641
Humana, Inc. 5.75% 4/15/2054	3,916	3,641
IQVIA, Inc. 5.00% 5/15/2027 (g)	11,510	11,452
IQVIA, Inc. 6.50% 5/15/2030 (g)	37,505	38,698
IQVIA, Inc. 6.25% 6/1/2032 (g)	23,110	23,727
Jazz Securities DAC 4.375% 1/15/2029 (g)	14,125	13,675
Laboratory Corporation of America Holdings 4.55% 4/1/2032	3,000	2,948
Laboratory Corporation of America Holdings 4.80% 10/1/2034	1,309	1,274
Medline Borrower, LP 3.875% 4/1/2029 (g)	7,795	7,439
Medline Borrower, LP 6.25% 4/1/2029 (g)	30,169	30,799
Medline Borrower, LP 5.25% 10/1/2029 (g)	34,500	33,848
Medline Borrower, LP, Term Loan, (3-month USD CME Term SOFR + 2.25%) 6.577% 10/23/2028 (i)(j)	12,808	12,830
Medtronic Global Holdings S.C.A. 4.25% 3/30/2028	5,455	5,454
Molina Healthcare, Inc. 4.375% 6/15/2028 (g)	25,995	24,902
Molina Healthcare, Inc. 3.875% 11/15/2030 (g)	12,815	11,584
Molina Healthcare, Inc. 3.875% 5/15/2032 (g)	86,195	75,318
Molina Healthcare, Inc. 6.25% 1/15/2033 (g)	27,460	27,127
Novant Health, Inc. 3.168% 11/1/2051	5,000	3,292
Organon & Co. 4.125% 4/30/2028 (g)	28,670	27,155
Owens & Minor, Inc. 4.50% 3/31/2029 (g)	65,430	56,644
Owens & Minor, Inc. 6.625% 4/1/2030 (g)	36,520	32,919
Perrigo Finance Unlimited Co. 6.125% 9/30/2032	12,895	13,042
Radiology Partners, Inc. 9.781% PIK 2/15/2030 (g)(h)	36,469	36,059
Radiology Partners, Inc. 8.50% 7/15/2032 (g)	65,015	65,773
Radiology Partners, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.50%) 8.82% 6/26/2032 (i)(j)	50,000	50,120
Rede D’Or Finance SARL 4.95% 1/17/2028	200	198
Rede D’Or Finance SARL 4.50% 1/22/2030	400	381
Roche Holdings, Inc. 4.203% 9/9/2029 (g)	6,953	6,932
Roche Holdings, Inc. 4.592% 9/9/2034 (g)	3,703	3,640
Summa Health 3.511% 11/15/2051	2,150	1,714
Surgery Center Holdings, Inc. 7.25% 4/15/2032 (g)	28,690	29,535
Surgery Center Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 2.75%) 7.106% 12/19/2030 (i)(j)	3,861	3,879
Takeda U.S. Financing, Inc. 5.20% 7/7/2035	16,803	16,746
Takeda U.S. Financing, Inc. 5.90% 7/7/2055	4,180	4,178
Tenet Healthcare Corp. 4.625% 6/15/2028	5,630	5,539
Tenet Healthcare Corp. 6.125% 10/1/2028	17,500	17,512
Tenet Healthcare Corp. 4.25% 6/1/2029	17,140	16,554
Tenet Healthcare Corp. 6.75% 5/15/2031	14,510	14,941
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10/1/2026	11,453	11,210
Teva Pharmaceutical Finance Netherlands III BV 4.75% 5/9/2027	47,053	46,760
Teva Pharmaceutical Finance Netherlands III BV 6.75% 3/1/2028	167,996	173,770
Teva Pharmaceutical Finance Netherlands III BV 5.125% 5/9/2029	126,860	126,914
Teva Pharmaceutical Finance Netherlands III BV 7.875% 9/15/2029	11,406	12,452
Teva Pharmaceutical Finance Netherlands III BV 8.125% 9/15/2031	2,010	2,276
Teva Pharmaceutical Finance Netherlands III BV 6.00% 12/1/2032	14,170	14,446
Teva Pharmaceutical Finance Netherlands III BV 4.10% 10/1/2046	79,475	56,665
Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030	27,325	27,743
UnitedHealth Group, Inc. 4.95% 1/15/2032	9,261	9,332
UnitedHealth Group, Inc. 5.15% 7/15/2034	7,300	7,325
UnitedHealth Group, Inc. 5.30% 6/15/2035	11,177	11,299

The Income Fund of America 19

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Health care (continued)
UnitedHealth Group, Inc. 5.625% 7/15/2054	USD5,300	$5,052
UnitedHealth Group, Inc. 5.95% 6/15/2055	9,877	9,885
Viatris, Inc. 4.00% 6/22/2050	10,186	6,698
		2,147,162
Real estate 1.17%
Alexandria Real Estate Equities, Inc. 3.95% 1/15/2028	975	962
Alexandria Real Estate Equities, Inc. 2.75% 12/15/2029	4,851	4,492
Alexandria Real Estate Equities, Inc. 3.375% 8/15/2031	2,375	2,192
Alexandria Real Estate Equities, Inc. 1.875% 2/1/2033	4,323	3,478
American Tower Corp. 3.55% 7/15/2027	2,525	2,483
American Tower Corp. 2.30% 9/15/2031	2,000	1,735
American Tower Corp. 2.95% 1/15/2051	4,250	2,677
Anywhere Real Estate Group, LLC 5.75% 1/15/2029 (g)	54,930	49,105
Anywhere Real Estate Group, LLC 5.25% 4/15/2030 (g)	27,230	22,892
Anywhere Real Estate Group, LLC 7.00% 4/15/2030 (g)	28,400	27,224
Boston Properties, LP 6.75% 12/1/2027	25,000	26,131
Boston Properties, LP 2.90% 3/15/2030	2,310	2,122
Boston Properties, LP 3.25% 1/30/2031	10,206	9,368
Boston Properties, LP 2.55% 4/1/2032	4,508	3,818
Boston Properties, LP 2.45% 10/1/2033	12,250	9,831
Boston Properties, LP 6.50% 1/15/2034	33,896	36,298
Boston Properties, LP 5.75% 1/15/2035	21,051	21,186
Brookfield Property REIT, Inc. 5.75% 5/15/2026 (g)	6,938	6,926
Equinix, Inc. 1.45% 5/15/2026	13,335	12,997
Extra Space Storage, LP 2.35% 3/15/2032	1,949	1,662
Forestar Group, Inc. 6.50% 3/15/2033 (g)	37,785	37,969
Howard Hughes Corp. (The) 5.375% 8/1/2028 (g)	77,180	76,773
Howard Hughes Corp. (The) 4.125% 2/1/2029 (g)	61,605	58,874
Howard Hughes Corp. (The) 4.375% 2/1/2031 (g)	84,035	77,436
Invitation Homes Operating Partnership, LP 2.00% 8/15/2031	3,300	2,802
Iron Mountain, Inc. 4.875% 9/15/2027 (g)	6,865	6,817
Iron Mountain, Inc. 5.00% 7/15/2028 (g)	11,466	11,357
Iron Mountain, Inc. 4.875% 9/15/2029 (g)	9,300	9,100
Iron Mountain, Inc. 5.25% 7/15/2030 (g)	33,830	33,274
Iron Mountain, Inc. 4.50% 2/15/2031 (g)	43,400	41,085
Iron Mountain, Inc. 6.25% 1/15/2033 (g)	18,170	18,493
Kennedy-Wilson, Inc. 4.75% 3/1/2029	41,752	39,303
Kennedy-Wilson, Inc. 4.75% 2/1/2030	76,066	70,163
Kennedy-Wilson, Inc. 5.00% 3/1/2031	48,253	44,029
Ladder Capital Finance Holdings LLLP 4.25% 2/1/2027 (g)	26,434	25,967
Ladder Capital Finance Holdings LLLP 4.75% 6/15/2029 (g)	3,335	3,240
Ladder Capital Finance Holdings LLLP 5.50% 8/1/2030	16,348	16,386
Ladder Capital Finance Holdings LLLP 7.00% 7/15/2031 (g)	7,535	7,897
MPT Operating Partnership, LP 5.00% 10/15/2027	178,331	163,765
MPT Operating Partnership, LP 4.625% 8/1/2029	14,715	11,200
MPT Operating Partnership, LP 3.50% 3/15/2031	1,175	801
MPT Operating Partnership, LP 8.50% 2/15/2032 (g)	99,141	103,110
Park Intermediate Holdings, LLC 5.875% 10/1/2028 (g)	5,010	4,995
Park Intermediate Holdings, LLC 4.875% 5/15/2029 (g)	22,600	21,760
Park Intermediate Holdings, LLC 7.00% 2/1/2030 (g)	8,695	8,912
Pebblebrook Hotel, LP 6.375% 10/15/2029 (g)	29,400	29,343
Prologis, LP 4.875% 6/15/2028	3,841	3,902
Prologis, LP 4.75% 6/15/2033	2,957	2,940
Prologis, LP 5.00% 3/15/2034	3,445	3,445
Prologis, LP 5.00% 1/31/2035	1,721	1,718
Public Storage Operating Co. 1.85% 5/1/2028	8,037	7,532
Public Storage Operating Co. 1.95% 11/9/2028	8,107	7,536
Public Storage Operating Co. 2.30% 5/1/2031	3,242	2,872
RLJ Lodging Trust, LP 3.75% 7/1/2026 (g)	2,120	2,090
RLJ Lodging Trust, LP 4.00% 9/15/2029 (g)	6,265	5,852
SBA Communications Corp. 3.125% 2/1/2029	2,170	2,024
Scentre Group Trust 1 3.25% 10/28/2025 (g)	9,115	9,082
Scentre Group Trust 1 3.75% 3/23/2027 (g)	2,500	2,468
Service Properties Trust 5.25% 2/15/2026	4,070	4,042

20 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Real estate (continued)
Service Properties Trust 4.75% 10/1/2026	USD19,605	$19,306
Service Properties Trust 4.95% 2/15/2027	26,398	25,782
Service Properties Trust 5.50% 12/15/2027	27,165	26,812
Service Properties Trust 3.95% 1/15/2028	56,065	52,320
Service Properties Trust 8.375% 6/15/2029	52,506	54,454
Service Properties Trust 4.95% 10/1/2029	30,822	27,141
Service Properties Trust 4.375% 2/15/2030	34,840	29,556
Service Properties Trust 8.625% 11/15/2031 (g)	39,615	42,224
Service Properties Trust 8.875% 6/15/2032	20,406	21,356
Simon Property Group, LP 3.50% 9/1/2025	3,250	3,247
Simon Property Group, LP 2.65% 7/15/2030	3,350	3,082
Sun Communities Operating, LP 2.30% 11/1/2028	2,566	2,391
Sun Communities Operating, LP 2.70% 7/15/2031	1,941	1,715
VICI Properties, LP 4.25% 12/1/2026 (g)	3,660	3,631
VICI Properties, LP 3.875% 2/15/2029 (g)	16,995	16,457
VICI Properties, LP 4.625% 12/1/2029 (g)	140	137
VICI Properties, LP 4.125% 8/15/2030 (g)	14,885	14,229
		1,571,773
Information technology 1.14%
Accenture Capital, Inc. 4.25% 10/4/2031	8,263	8,141
Accenture Capital, Inc. 4.50% 10/4/2034	7,868	7,618
Acuris Finance US, Inc. 9.00% 8/1/2029 (g)	16,125	16,466
ams-OSRAM AG 12.25% 3/30/2029 (g)	36,330	39,200
Analog Devices, Inc. 5.05% 4/1/2034	3,616	3,684
Analog Devices, Inc. 5.30% 4/1/2054	4,974	4,784
Booz Allen Hamilton, Inc. 4.00% 7/1/2029 (g)	17,037	16,496
Broadcom Corp. 3.875% 1/15/2027	1,134	1,125
Broadcom, Inc. 3.15% 11/15/2025	314	313
Broadcom, Inc. 5.05% 7/12/2029	3,569	3,644
Broadcom, Inc. 4.35% 2/15/2030	3,269	3,246
Broadcom, Inc. 5.15% 11/15/2031	938	961
Broadcom, Inc. 4.55% 2/15/2032	911	899
Broadcom, Inc. 4.80% 10/15/2034	929	912
Broadcom, Inc. 5.20% 7/15/2035	20,750	20,856
Broadcom, Inc. 3.187% 11/15/2036 (g)	239	197
Cisco Systems, Inc. 5.10% 2/24/2035	17,098	17,394
Cloud Software Group, Inc. 6.50% 3/31/2029 (g)	48,410	48,922
Cloud Software Group, Inc. 9.00% 9/30/2029 (g)	77,190	79,937
Cloud Software Group, Inc. 8.25% 6/30/2032 (g)	34,950	37,242
Cloud Software Group, Inc., Term Loan B1, (3-month USD CME Term SOFR + 3.50%) 7.796% 3/29/2029 (i)(j)	52,556	52,712
CommScope Technologies, LLC 5.00% 3/15/2027 (g)	58,864	57,696
CommScope, LLC 8.25% 3/1/2027 (g)	63,998	64,317
CommScope, LLC 7.125% 7/1/2028 (g)	16,551	16,395
CommScope, LLC 9.50% 12/15/2031 (g)	1,290	1,360
Commscope, LLC, Term Loan, (3-month USD CME Term SOFR + 5.25%) 9.606% 12/17/2029 (i)(j)	24,790	25,216
Diebold Nixdorf, Inc. 7.75% 3/31/2030 (a)(g)	118,485	126,007
Ellucian Holdings, Inc. 6.50% 12/1/2029 (g)	18,775	19,066
Ellucian Holdings, Inc., Term Loan, (3-month USD CME Term SOFR + 4.75%) 9.106% 11/22/2032 (i)(j)	5,650	5,818
Entegris, Inc. 3.625% 5/1/2029 (g)	30,000	28,177
Fair Isaac Corp. 4.00% 6/15/2028 (g)	16,730	16,174
Fair Isaac Corp. 6.00% 5/15/2033 (g)	33,225	33,464
Finastra USA, Inc., Term Loan B, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 (f)(i)(j)	33,305	33,472
Finastra USA, Inc., Term Loan, (3-month USD CME Term SOFR + 7.25%) 11.428% 9/13/2029 (f)(i)(j)	370	372
Finastra USA, Inc., Term Loan, (1-month USD CME Term SOFR + 4.00%) 8.349% 7/30/2032 (i)(j)	18,885	18,696
Gartner, Inc. 4.50% 7/1/2028 (g)	14,275	14,054
Helios Software Holdings, Inc. 8.75% 5/1/2029 (g)	43,925	44,839
Hughes Satellite Systems Corp. 5.25% 8/1/2026	138,946	128,211
Hughes Satellite Systems Corp. 6.625% 8/1/2026	113,302	85,828
ION Trading Technologies SARL 9.50% 5/30/2029 (g)	28,365	29,535
Kaseya, Inc., Term Loan, (3-month USD CME Term SOFR + 5.00%) 9.356% 3/20/2033 (i)(j)	16,750	16,858
Microchip Technology, Inc. 5.05% 3/15/2029	8,175	8,269
NCR Atleos Corp. 9.50% 4/1/2029 (g)	59,983	65,036
NCR Voyix Corp. 5.125% 4/15/2029 (g)	4,281	4,199
Shift4 Payments, LLC 6.75% 8/15/2032 (g)	14,530	15,020

The Income Fund of America 21

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Information technology (continued)
Synaptics, Inc. 4.00% 6/15/2029 (g)	USD3,700	$3,497
Synopsys, Inc. 5.15% 4/1/2035	8,029	8,061
Synopsys, Inc. 5.70% 4/1/2055	4,101	4,047
Texas Instruments, Inc. 4.60% 2/8/2029	4,408	4,464
Texas Instruments, Inc. 4.85% 2/8/2034	2,294	2,319
UKG, Inc. 6.875% 2/1/2031 (g)	13,825	14,202
Unisys Corp. 10.625% 1/15/2031 (g)	25,298	26,586
Viasat, Inc. 5.625% 4/15/2027 (g)	95,464	95,094
Viasat, Inc. 6.50% 7/15/2028 (g)	27,508	25,957
Viasat, Inc. 7.50% 5/30/2031 (g)	68,280	59,537
Viasat, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.50%) 8.971% 3/2/2029 (i)(j)	24,324	24,005
Viasat, Inc., Term Loan B, (1-month USD CME Term SOFR + 4.50%) 8.954% 5/30/2030 (i)(j)	4,500	4,429
Viavi Solutions, Inc. 3.75% 10/1/2029 (g)	4,675	4,328
Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/22/2026) (f)(h)(k)	11,674	12,374
Wolfspeed, Inc. 2.00% PIK and 9.875% Cash 6/23/2030 (13.875% on 6/23/2026) (f)(h)(k)	9,164	9,714
Xerox Holdings Corp. 5.50% 8/15/2028 (g)	830	551
		1,521,993
Industrials 1.00%
AAR Escrow Issuer, LLC 6.75% 3/15/2029 (g)	15,509	15,925
ADT Security Corp. 4.125% 8/1/2029 (g)	920	881
AECOM 6.00% 8/1/2033 (g)	2,240	2,260
Air Lease Corp. 2.875% 1/15/2026	5,916	5,865
Air Lease Corp. 2.20% 1/15/2027	934	904
Allison Transmission, Inc. 3.75% 1/30/2031 (g)	25,185	23,033
Amentum Escrow Corp., Term Loan, (3-month USD CME Term SOFR + 2.25%) 6.606% 9/29/2031 (i)(j)	21,060	20,965
Amentum Holdings, Inc. 7.25% 8/1/2032 (g)	24,235	25,089
American Airlines, Inc. 8.50% 5/15/2029 (g)	11,890	12,434
Americold Realty Operating Partnership, LP 5.60% 5/15/2032	9,660	9,675
Aramark Services, Inc. 5.00% 2/1/2028 (g)	39,000	38,657
ATI, Inc. 4.875% 10/1/2029	30,055	29,411
ATI, Inc. 7.25% 8/15/2030	14,815	15,542
ATI, Inc. 5.125% 10/1/2031	15,485	15,046
Avis Budget Car Rental, LLC 5.75% 7/15/2027 (g)	10,553	10,532
Avis Budget Car Rental, LLC 5.375% 3/1/2029 (g)	18,760	17,979
Avis Budget Car Rental, LLC 8.25% 1/15/2030 (g)	4,805	4,949
Avis Budget Car Rental, LLC 8.00% 2/15/2031 (g)	6,700	6,847
Axon Enterprise, Inc. 6.125% 3/15/2030 (g)	4,825	4,940
BAE Systems PLC 5.125% 3/26/2029 (g)	6,670	6,825
BAE Systems PLC 5.25% 3/26/2031 (g)	5,564	5,728
BAE Systems PLC 5.30% 3/26/2034 (g)	6,357	6,502
BAE Systems PLC 5.50% 3/26/2054 (g)	1,175	1,156
Boeing Co. (The) 3.10% 5/1/2026	500	494
Boeing Co. (The) 5.04% 5/1/2027	4,500	4,528
Boeing Co. (The) 3.25% 3/1/2028	1,025	991
Boeing Co. (The) 6.298% 5/1/2029	7,822	8,261
Boeing Co. (The) 5.15% 5/1/2030	7,095	7,212
Boeing Co. (The) 3.625% 2/1/2031	2,720	2,567
Boeing Co. (The) 6.388% 5/1/2031	2,425	2,610
Boeing Co. (The) 3.60% 5/1/2034	5,750	5,082
Boeing Co. (The) 6.528% 5/1/2034	25,611	27,886
Boeing Co. (The) 3.90% 5/1/2049	800	581
Boeing Co. (The) 5.805% 5/1/2050	8,550	8,260
Boeing Co. (The) 6.858% 5/1/2054	3,988	4,388
Boeing Co. (The) 7.008% 5/1/2064	2,350	2,596
Brink’s Co. (The) 4.625% 10/15/2027 (g)	12,800	12,623
Brink’s Co. (The) 6.50% 6/15/2029 (g)	4,755	4,876
Brink’s Co. (The) 6.75% 6/15/2032 (g)	7,500	7,733
Burlington Northern Santa Fe, LLC 3.55% 2/15/2050	8,500	6,170
BWX Technologies, Inc. 4.125% 6/30/2028 (g)	5,190	5,027
BWX Technologies, Inc. 4.125% 4/15/2029 (g)	8,595	8,257
Canadian Pacific Railway Co. 1.75% 12/2/2026	3,015	2,909
Canadian Pacific Railway Co. 5.20% 3/30/2035	4,698	4,758
Canadian Pacific Railway, Co. 3.00% 12/2/2041	1,028	746
Canadian Pacific Railway Co. 3.10% 12/2/2051	3,204	2,095

22 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Industrials (continued)
Chart Industries, Inc. 7.50% 1/1/2030 (g)	USD11,063	$11,603
Clarivate Science Holdings Corp. 3.875% 7/1/2028 (g)	12,595	12,050
Clarivate Science Holdings Corp. 4.875% 7/1/2029 (g)	25,820	24,202
Clean Harbors, Inc. 5.125% 7/15/2029 (g)	2,575	2,535
Clean Harbors, Inc. 6.375% 2/1/2031 (g)	17,399	17,793
CoreLogic, Inc. 4.50% 5/1/2028 (g)	81,186	76,595
CoreLogic, Inc., Term Loan, (3-month USD CME Term SOFR + 3.50%) 7.971% 6/2/2028 (i)(j)	24,753	24,726
CoreLogic, Inc., Term Loan, (3-month USD CME Term SOFR + 6.50%) 10.971% 6/4/2029 (i)(j)	14,000	13,749
CSX Corp. 3.80% 3/1/2028	1,300	1,285
CSX Corp. 5.05% 6/15/2035	12,097	12,097
Dun & Bradstreet Corp. (The) 5.00% 12/15/2029 (g)	16,480	16,868
Enviri Corp. 5.75% 7/31/2027 (g)	10,085	9,929
EquipmentShare.com, Inc. 9.00% 5/15/2028 (g)	4,535	4,785
EquipmentShare.com, Inc. 8.625% 5/15/2032 (g)	14,780	15,750
FTAI Aviation Investors, LLC 5.50% 5/1/2028 (g)	30,400	30,350
Garda World Security Corp. 8.375% 11/15/2032 (g)	10,430	10,753
General Dynamics Corp. 3.625% 4/1/2030	5,433	5,276
General Electric Co. 4.30% 7/29/2030	1,886	1,878
General Electric Co. 4.90% 1/29/2036	726	724
Herc Holdings, Inc. 6.625% 6/15/2029 (g)	19,575	20,055
Herc Holdings, Inc. 7.00% 6/15/2030 (g)	18,605	19,241
Herc Holdings, Inc. 7.25% 6/15/2033 (g)	7,940	8,228
Icahn Enterprises, LP 6.25% 5/15/2026	17,684	17,584
Icahn Enterprises, LP 5.25% 5/15/2027	42,205	41,154
Icahn Enterprises, LP 9.75% 1/15/2029	1,100	1,112
Icahn Enterprises, LP 4.375% 2/1/2029	21,525	18,478
Icahn Enterprises, LP 10.00% 11/15/2029 (g)	965	978
L3Harris Technologies, Inc. 5.40% 7/31/2033	7,430	7,629
Lockheed Martin Corp. 5.10% 11/15/2027	3,305	3,370
Lockheed Martin Corp. 4.45% 5/15/2028	7,873	7,922
Lockheed Martin Corp. 5.70% 11/15/2054	6,148	6,146
Mexico City Airport Trust 3.875% 4/30/2028 (g)	770	750
Mexico City Airport Trust 5.50% 10/31/2046	2,303	1,957
Mexico City Airport Trust 5.50% 7/31/2047	4,482	3,729
Mexico City Airport Trust 5.50% 7/31/2047 (g)	215	179
Miter Brands Acquisition Holdco, Inc. 6.75% 4/1/2032 (g)	9,224	9,423
Moog, Inc. 4.25% 12/9/2027 (g)	16,909	16,536
Mueller Water Products, Inc. 4.00% 6/15/2029 (g)	5,110	4,887
NESCO Holdings II, Inc. 5.50% 4/15/2029 (g)	2,570	2,508
Norfolk Southern Corp. 4.45% 3/1/2033	3,847	3,755
Norfolk Southern Corp. 5.10% 5/1/2035	5,539	5,565
Norfolk Southern Corp. 3.05% 5/15/2050	1,727	1,126
Norfolk Southern Corp. 5.35% 8/1/2054	17,005	16,202
Northrop Grumman Corp. 3.25% 1/15/2028	7,495	7,308
Otis Worldwide Corp. 2.293% 4/5/2027	1,940	1,874
Paychex, Inc. 5.60% 4/15/2035	814	837
Peraton Corp., Term Loan B, (3-month USD CME Term SOFR + 3.75%) 8.206% 2/1/2028 (i)(j)	4,437	3,964
QXO Building Products, Inc. 6.75% 4/30/2032 (g)	1,595	1,646
RB Global Holdings, Inc. 7.75% 3/15/2031 (g)	11,040	11,584
Reworld Holding Corp. 4.875% 12/1/2029 (g)	19,365	18,511
RTX Corp. 1.90% 9/1/2031	6,250	5,333
RTX Corp. 5.15% 2/27/2033	9,542	9,746
RTX Corp. 5.375% 2/27/2053	3,947	3,757
Sabre GLBL, Inc. 11.125% 7/15/2030 (g)	24,455	25,812
Sensata Technologies BV 4.00% 4/15/2029 (g)	19,310	18,370
Sensata Technologies, Inc. 3.75% 2/15/2031 (g)	26,288	24,010
Siemens Funding BV 5.80% 5/28/2055 (g)	11,564	11,994
Siemens Funding BV 5.90% 5/28/2065 (g)	10,833	11,327
Spirit AeroSystems, Inc. 4.60% 6/15/2028	485	478
Spirit AeroSystems, Inc. 9.375% 11/30/2029 (g)	2,065	2,185
Spirit AeroSystems, Inc. 9.75% 11/15/2030 (g)	625	688
Standard Building Solutions, Inc. 6.25% 8/1/2033 (g)	10,880	10,992
TransDigm, Inc. 6.75% 8/15/2028 (g)	11,790	12,045
TransDigm, Inc. 6.375% 3/1/2029 (g)	14,590	14,950
TransDigm, Inc. 6.625% 3/1/2032 (g)	2,580	2,656
TransDigm, Inc. 6.375% 5/31/2033 (g)	25,665	25,892

The Income Fund of America 23

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Industrials (continued)
Triton Container International, Ltd. 3.15% 6/15/2031 (g)	USD7,222	$6,269
Union Pacific Corp. 2.40% 2/5/2030	1,931	1,774
Union Pacific Corp. 5.10% 2/20/2035	6,058	6,128
Union Pacific Corp. 2.891% 4/6/2036	2,495	2,050
Union Pacific Corp. 3.50% 2/14/2053	1,671	1,176
Union Pacific Corp. 5.60% 12/1/2054	9,163	9,076
United Rentals (North America), Inc. 5.25% 1/15/2030	6,840	6,828
United Rentals (North America), Inc. 3.875% 2/15/2031	21,600	20,173
United Rentals (North America), Inc. 3.75% 1/15/2032	10,985	10,016
United Rentals (North America), Inc. 6.125% 3/15/2034 (g)	29,140	29,914
Varanasi Aurangabad Nh-2 Tollway Private, Ltd. 5.90% 2/28/2034 (g)	975	1,003
Virgin Australia Holdings, Ltd. 7.875% 10/15/2021 (g)(l)	1,633	12
Waste Pro USA, Inc. 7.00% 2/1/2033 (g)	7,165	7,452
WESCO Distribution, Inc. 7.25% 6/15/2028 (g)	6,435	6,525
WESCO Distribution, Inc. 6.625% 3/15/2032 (g)	20,920	21,612
WESCO Distribution, Inc. 6.375% 3/15/2033 (g)	25,770	26,403
XPO, Inc. 6.25% 6/1/2028 (g)	4,950	5,039
XPO, Inc. 7.125% 6/1/2031 (g)	6,765	7,005
XPO, Inc. 7.125% 2/1/2032 (g)	14,878	15,479
		1,333,150
Materials 0.97%
Air Products and Chemicals, Inc. 1.85% 5/15/2027	1,607	1,542
Alliance Resource Operating Partners, LP 8.625% 6/15/2029 (g)	7,629	8,088
ARD Finance SA 7.25% PIK 6/30/2027 (g)(h)	17,714	1,318
Avient Corp. 7.125% 8/1/2030 (g)	6,900	7,093
Avient Corp. 6.25% 11/1/2031 (g)	7,115	7,147
Axalta Coating Systems Dutch Holding B BV 7.25% 2/15/2031 (g)	7,585	7,897
Axalta Coating Systems, LLC 4.75% 6/15/2027 (g)	14,076	13,963
Ball Corp. 6.875% 3/15/2028	19,100	19,511
Ball Corp. 6.00% 6/15/2029	24,810	25,282
Ball Corp. 2.875% 8/15/2030	1,540	1,384
Ball Corp. 3.125% 9/15/2031	20,755	18,593
CAN-PACK SA 3.875% 11/15/2029 (g)	21,747	20,275
Capstone Copper Corp. 6.75% 3/31/2033 (g)	8,275	8,439
Celanese US Holdings, LLC 6.665% 7/15/2027	34,028	34,900
Celanese US Holdings, LLC 6.85% 11/15/2028	22,109	23,034
Celanese US Holdings, LLC 6.83% 7/15/2029	18,697	19,436
Celanese US Holdings, LLC 6.50% 4/15/2030	2,890	2,925
Celanese US Holdings, LLC 7.05% 11/15/2030	34,843	36,319
Celanese US Holdings, LLC 6.75% 4/15/2033	30,235	30,523
Celanese US Holdings, LLC 7.20% 11/15/2033	3,430	3,584
Cleveland-Cliffs, Inc. 7.00% 3/15/2027	1,300	1,296
Cleveland-Cliffs, Inc. 5.875% 6/1/2027	50,625	50,700
Cleveland-Cliffs, Inc. 4.625% 3/1/2029 (g)	33,580	31,681
Cleveland-Cliffs, Inc. 6.875% 11/1/2029 (g)	37,251	37,302
Cleveland-Cliffs, Inc. 6.75% 4/15/2030 (g)	36,895	36,747
Cleveland-Cliffs, Inc. 4.875% 3/1/2031 (g)	6,700	5,952
Cleveland-Cliffs, Inc. 7.50% 9/15/2031 (g)	58,500	58,450
Cleveland-Cliffs, Inc. 7.00% 3/15/2032 (g)	24,110	23,552
Cleveland-Cliffs, Inc. 7.375% 5/1/2033 (g)	16,699	16,272
Consolidated Energy Finance SA 5.625% 10/15/2028 (g)	3,465	2,919
Consolidated Energy Finance SA 12.00% 2/15/2031 (g)	12,905	12,143
CRH America, Inc. 5.125% 5/18/2045 (g)	350	324
CVR Partners, LP 6.125% 6/15/2028 (g)	6,135	6,095
Dow Chemical Co. (The) 5.35% 3/15/2035	4,901	4,799
Dow Chemical Co. (The) 4.80% 5/15/2049	2,075	1,659
Dow Chemical Co. (The) 3.60% 11/15/2050	10,215	6,748
Dow Chemical Co. (The) 5.95% 3/15/2055	8,500	7,884
Element Solutions, Inc. 3.875% 9/1/2028 (g)	21,085	20,331
First Quantum Minerals, Ltd. 6.875% 10/15/2027 (g)	47,346	47,460
First Quantum Minerals, Ltd. 9.375% 3/1/2029 (g)	75,515	80,118
FXI Holdings, Inc. 12.25% 11/15/2026 (g)	35,598	31,994
FXI Holdings, Inc. 12.25% 11/15/2026 (g)	24,259	21,772
INEOS Finance PLC 6.75% 5/15/2028 (g)	16,310	16,078

24 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Materials (continued)
INEOS Finance PLC 7.50% 4/15/2029 (g)	USD6,920	$6,878
International Flavors & Fragrances, Inc. 1.832% 10/15/2027 (g)	749	705
JH North America Holdings, Inc. 5.875% 1/31/2031 (g)	4,385	4,403
JH North America Holdings, Inc. 6.125% 7/31/2032 (g)	18,400	18,605
Kaiser Aluminum Corp. 4.625% 3/1/2028 (g)	20,295	19,856
Linde, Inc. 1.10% 8/10/2030	3,657	3,142
LSB Industries, Inc. 6.25% 10/15/2028 (g)	445	438
LYB International Finance III, LLC 6.15% 5/15/2035	1,087	1,115
Mercer International, Inc. 12.875% 10/1/2028 (g)	395	399
Methanex Corp. 5.125% 10/15/2027	57,263	57,020
Methanex Corp. 5.25% 12/15/2029	2,380	2,359
Methanex Corp. 5.65% 12/1/2044	450	352
Methanex US Operations, Inc. 6.25% 3/15/2032 (g)	6,400	6,349
Minera Mexico, SA de CV, 5.625% 2/12/2032 (g)	11,045	11,232
Mineral Resources, Ltd. 8.125% 5/1/2027 (g)	12,120	12,167
Mineral Resources, Ltd. 8.00% 11/1/2027 (g)	14,800	15,060
Mineral Resources, Ltd. 9.25% 10/1/2028 (g)	23,240	24,318
Mineral Resources, Ltd. 8.50% 5/1/2030 (g)	12,175	12,476
NOVA Chemicals Corp. 5.25% 6/1/2027 (g)	13,410	13,368
NOVA Chemicals Corp. 4.25% 5/15/2029 (g)	5,320	5,085
NOVA Chemicals Corp. 9.00% 2/15/2030 (g)	6,685	7,192
NOVA Chemicals Corp. 7.00% 12/1/2031 (g)	8,425	8,803
Novelis Corp. 4.75% 1/30/2030 (g)	7,523	7,212
Novelis Corp. 3.875% 8/15/2031 (g)	8,912	8,002
Quikrete Holdings, Inc. 6.375% 3/1/2032 (g)	6,685	6,860
Quikrete Holdings, Inc. 6.75% 3/1/2033 (g)	13,290	13,639
Quikrete Holdings, Inc., Term Loan B3, (3-month USD CME Term SOFR + 2.25%) 6.606% 2/10/2032 (i)(j)	5,416	5,420
Rio Tinto Finance (USA) PLC 5.25% 3/14/2035	2,899	2,944
Rio Tinto Finance (USA) PLC 5.75% 3/14/2055	6,838	6,850
Samarco Mineracao SA 9.06% PIK 6/30/2031 (5.00% PIK and 4.00% Cash on 12/30/2025) (h)(k)	2,008	1,990
Samarco Mineracao SA 9.06% PIK 6/30/2031 (5.00% PIK and 4.00% Cash on 12/30/2025) (g)(h)(k)	517	512
SCIH Salt Holdings, Inc. 4.875% 5/1/2028 (g)	64,170	62,364
SCIH Salt Holdings, Inc. 6.625% 5/1/2029 (g)	38,225	37,821
Sealed Air Corp. 4.00% 12/1/2027 (g)	19,239	18,696
Sealed Air Corp. 6.125% 2/1/2028 (g)	30,890	31,205
Sherwin-Williams Co. 4.50% 8/15/2030	1,600	1,595
Sherwin-Williams Co. 5.15% 8/15/2035	774	773
Trivium Packaging Finance BV 8.25% 7/15/2030 (g)	6,750	7,112
Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 2.00%) 8.00% PIK and 6.261% Cash 1/16/2026 (c)(h)(i)(j)	9,235	5,079
Venator Material, LLC, Term Loan, (3-month USD CME Term SOFR + 8.00%) 8.00% PIK and 6.299% Cash 7/16/2026 (c)(h)(i)(j)	9,286	5,107
Venator Material, LLC, Term Loan, (USD-SOFR + 10.00%) 8.00% PIK and 6.322% Cash 10/12/2028 (c)(h)(i)(j)	15,284	8,406
Warrior Met Coal, Inc. 7.875% 12/1/2028 (g)	23,007	23,320
Westlake Corp. 5.00% 8/15/2046	350	302
Westlake Corp. 4.375% 11/15/2047	300	234
		1,300,294
Utilities 0.78%
American Electric Power Co., Inc. 4.30% 12/1/2028	2,280	2,270
American Water Capital Corp. 2.80% 5/1/2030	950	881
Calpine Corp. 5.125% 3/15/2028 (g)	12,315	12,264
Cleveland Electric Illuminating Co. (The) 3.50% 4/1/2028 (g)	2,500	2,421
Colbun SA 3.95% 10/11/2027 (g)	550	544
Comision Federal de Electricidad 4.688% 5/15/2029 (g)	14,525	14,099
Comision Federal de Electricidad 3.348% 2/9/2031	9,000	7,878
Comision Federal de Electricidad 3.875% 7/26/2033	7,531	6,384
Comision Federal de Electricidad 6.45% 1/24/2035 (g)	8,000	7,883
Commonwealth Edison Co. 3.85% 3/15/2052	3,848	2,896
Connecticut Light and Power Co. (The) 4.95% 8/15/2034	3,300	3,292
Consumers Energy Co. 4.50% 1/15/2031	3,500	3,496
Consumers Energy Co. 4.625% 5/15/2033	5,826	5,746
Consumers Energy Co. 5.05% 5/15/2035	4,283	4,301
DTE Energy Co. 4.95% 7/1/2027	1,075	1,085
Duke Energy Indiana, LLC 4.90% 7/15/2043	12,285	11,231

The Income Fund of America 25

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Utilities (continued)
Duke Energy Indiana, LLC 3.25% 10/1/2049	USD1,727	$1,174
Duke Energy Progress, LLC 4.15% 12/1/2044	987	807
Edison International 4.125% 3/15/2028	7,020	6,810
Edison International 5.25% 11/15/2028	10,044	9,979
Edison International 5.45% 6/15/2029	10,832	10,767
Edison International 6.95% 11/15/2029	3,900	4,070
Edison International 6.25% 3/15/2030	11,743	11,932
Edison International 5.25% 3/15/2032	16,500	15,818
Electricite de France SA 6.25% 5/23/2033 (g)	5,121	5,504
Electricite de France SA 9.125% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant Maturity + 5.411% on 12/31/2079) (g)(k)	4,000	4,594
Emera, Inc. 6.75% 6/15/2076 (3-month USD CME Term SOFR + 5.702% on 6/15/2026) (k)	35,774	36,122
Eversource Energy 5.50% 1/1/2034	1,650	1,679
FirstEnergy Corp. 1.60% 1/15/2026	989	974
FirstEnergy Corp. 2.65% 3/1/2030	2,500	2,295
FirstEnergy Corp. 2.25% 9/1/2030	150	133
FirstEnergy Corp., Series B, 3.90% 7/15/2027	45,859	45,313
FirstEnergy Transmission, LLC 2.866% 9/15/2028 (g)	4,325	4,118
Georgia Power Co. 3.70% 1/30/2050	1,200	897
Israel Electric Corp., Ltd. 8.10% 12/15/2096 (g)	4,905	6,479
Ithaca Energy (North sea) PLC 8.125% 10/15/2029 (g)	11,310	11,688
Long Ridge Energy, LLC, 8.75% 2/15/2032 (g)	22,185	23,026
MI Windows and Doors, LLC, Term Loan B2, (3-month USD CME Term SOFR + 2.75%) 7.106% 3/28/2031 (i)(j)	8,242	8,267
MidAmerican Energy Co. 5.85% 9/15/2054	2,325	2,378
NextEra Energy Capital Holdings, Inc. 4.685% 9/1/2027	850	854
Northern States Power Co. 2.60% 6/1/2051	572	345
Pacific Gas and Electric Co. 3.15% 1/1/2026	42,725	42,433
Pacific Gas and Electric Co. 2.95% 3/1/2026	21,350	21,116
Pacific Gas and Electric Co. 5.45% 6/15/2027	4,214	4,269
Pacific Gas and Electric Co. 2.10% 8/1/2027	750	712
Pacific Gas and Electric Co. 3.30% 12/1/2027	18,970	18,329
Pacific Gas and Electric Co. 3.00% 6/15/2028	9,085	8,653
Pacific Gas and Electric Co. 3.75% 7/1/2028	11,090	10,768
Pacific Gas and Electric Co. 4.65% 8/1/2028	8,064	8,015
Pacific Gas and Electric Co. 4.55% 7/1/2030	60,641	59,508
Pacific Gas and Electric Co. 2.50% 2/1/2031	14,481	12,652
Pacific Gas and Electric Co. 3.25% 6/1/2031	7,828	7,077
Pacific Gas and Electric Co. 4.40% 3/1/2032	458	435
Pacific Gas and Electric Co. 5.90% 6/15/2032	10,213	10,519
Pacific Gas and Electric Co. 6.15% 1/15/2033	1,401	1,456
Pacific Gas and Electric Co. 6.40% 6/15/2033	43,548	45,971
Pacific Gas and Electric Co. 6.95% 3/15/2034	8,637	9,401
Pacific Gas and Electric Co. 5.80% 5/15/2034	7,860	7,982
Pacific Gas and Electric Co. 5.70% 3/1/2035	17,180	17,251
Pacific Gas and Electric Co. 6.00% 8/15/2035	9,810	10,009
Pacific Gas and Electric Co. 3.30% 8/1/2040	1,150	842
Pacific Gas and Electric Co. 3.75% 8/15/2042	9,685	7,027
Pacific Gas and Electric Co. 4.95% 7/1/2050	13,370	11,065
Pacific Gas and Electric Co. 3.50% 8/1/2050	5,876	3,859
Pacific Gas and Electric Co. 6.70% 4/1/2053	5,290	5,429
Pacific Gas and Electric Co. 5.90% 10/1/2054	418	392
PacifiCorp 5.30% 2/15/2031	2,275	2,336
PacifiCorp 5.45% 2/15/2034	17,945	18,102
PacifiCorp 3.30% 3/15/2051	4,948	3,166
PacifiCorp 2.90% 6/15/2052	7,169	4,231
PacifiCorp 5.35% 12/1/2053	13,392	11,968
PacifiCorp 5.50% 5/15/2054	13,053	11,953
PacifiCorp 5.80% 1/15/2055	19,436	18,503
PG&E Corp. 5.00% 7/1/2028	55,565	54,258
PG&E Corp. 5.25% 7/1/2030	69,345	66,576
PG&E Corp., junior subordinated, 7.375% 3/15/2055 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.883% on 3/15/2030) (k)	41,205	39,865
Progress Energy, Inc. 7.00% 10/30/2031	3,750	4,198
Southern California Edison Co. 3.70% 8/1/2025	450	450
Southern California Edison Co. 5.65% 10/1/2028	638	653
Southern California Edison Co. 4.20% 3/1/2029	6,337	6,206

26 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Utilities (continued)
Southern California Edison Co. 2.85% 8/1/2029	USD9,116	$8,449
Southern California Edison Co. 5.25% 3/15/2030	27,932	28,177
Southern California Edison Co. 2.25% 6/1/2030	354	312
Southern California Edison Co. 5.45% 6/1/2031	8,900	9,068
Southern California Edison Co. 2.75% 2/1/2032	1,953	1,694
Southern California Edison Co. 5.95% 11/1/2032	3,057	3,167
Southern California Edison Co. 5.20% 6/1/2034	425	417
Southern California Edison Co. 5.45% 3/1/2035	3,958	3,946
Southern California Edison Co. 5.75% 4/1/2035	3,100	3,154
Southern California Edison Co. 5.35% 7/15/2035	17,439	17,030
Southern California Edison Co. 5.625% 2/1/2036	16,750	16,445
Southern California Edison Co. 4.50% 9/1/2040	12,607	10,840
Southern California Edison Co. 3.60% 2/1/2045	8,000	5,584
Southern California Edison Co. 3.65% 2/1/2050	3,895	2,659
Southern California Edison Co. 5.90% 3/1/2055	1,825	1,721
Southern California Edison Co. 6.20% 9/15/2055	10,180	10,026
Southern Co. (The) 4.25% 7/1/2036	1,300	1,186
Southwestern Electric Power Co. 1.65% 3/15/2026	4,900	4,814
Talen Energy Supply, LLC 8.625% 6/1/2030 (g)	13,294	14,135
Talen Energy Supply, LLC, Term Loan B, (3-month USD CME Term SOFR + 2.50%) 6.808% 5/17/2030 (i)(j)	16,777	16,832
Union Electric Co. 5.125% 3/15/2055	350	320
Virginia Electric & Power 2.40% 3/30/2032	3,525	3,073
Wisconsin Power and Light Co. 3.65% 4/1/2050	350	250
Xcel Energy, Inc. 2.60% 12/1/2029	3,000	2,773
Xcel Energy, Inc. 2.35% 11/15/2031	2,525	2,178
Xcel Energy, Inc. 5.50% 3/15/2034	955	970
Xcel Energy, Inc. 5.60% 4/15/2035	2,380	2,426
		1,041,975
Consumer staples 0.61%
7-Eleven, Inc. 0.95% 2/10/2026 (g)	3,950	3,872
Albertsons Cos., Inc. 4.625% 1/15/2027 (g)	310	308
Albertsons Cos., Inc. 4.875% 2/15/2030 (g)	7,700	7,515
Altria Group, Inc. 5.80% 2/14/2039	16,525	16,711
Amer Sports Co. 6.75% 2/16/2031 (g)	7,135	7,428
Anheuser-Busch InBev Worldwide, Inc. 4.95% 1/15/2042	6,817	6,394
Anheuser-Busch InBev Worldwide, Inc. 5.55% 1/23/2049	2,085	2,051
B&G Foods, Inc. 5.25% 9/15/2027	27,125	24,115
B&G Foods, Inc. 8.00% 9/15/2028 (g)	18,650	17,461
BAT Capital Corp. 3.557% 8/15/2027	500	491
BAT Capital Corp. 2.259% 3/25/2028	2,250	2,126
BAT Capital Corp. 6.343% 8/2/2030	1,837	1,970
BAT Capital Corp. 5.834% 2/20/2031	2,643	2,769
BAT Capital Corp. 6.421% 8/2/2033	2,828	3,068
BAT Capital Corp. 5.625% 8/15/2035	12,972	13,185
BAT Capital Corp. 4.54% 8/15/2047	1,333	1,082
BAT International Finance PLC 1.668% 3/25/2026	3,050	2,991
Campbell’s Co. (The) 4.75% 3/23/2035	1,611	1,541
Campbell’s Co. (The) 5.25% 10/13/2054	264	238
Central Garden & Pet Co. 4.125% 10/15/2030	40,146	37,779
Central Garden & Pet Co. 4.125% 4/30/2031 (g)	33,145	30,750
Coca-Cola Co. 4.65% 8/14/2034	2,898	2,903
Constellation Brands, Inc. 4.40% 11/15/2025	1,930	1,928
Constellation Brands, Inc. 4.80% 5/1/2030	331	333
Constellation Brands, Inc. 2.25% 8/1/2031	3,713	3,220
Coty, Inc. 5.00% 4/15/2026 (g)	561	561
Coty, Inc. 4.75% 1/15/2029 (g)	10,624	10,432
Coty, Inc. 6.625% 7/15/2030 (g)	4,156	4,275
Darling Ingredients, Inc. 5.25% 4/15/2027 (g)	19,295	19,285
Darling Ingredients, Inc. 6.00% 6/15/2030 (g)	47,150	47,500
Energizer Holdings, Inc. 4.375% 3/31/2029 (g)	17,615	16,722
Fiesta Purchaser, Inc. 7.875% 3/1/2031 (g)	15,815	16,731
Fiesta Purchaser, Inc. 9.625% 9/15/2032 (g)	18,730	19,840
Fiesta Purchaser, Inc., Term Loan, (3-month USD CME Term SOFR + 3.25%) 7.606% 2/12/2031 (i)(j)	4,935	4,950
Imperial Brands Finance PLC 4.50% 6/30/2028 (g)	4,616	4,608

The Income Fund of America 27

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Corporate bonds, notes & loans (continued)
Consumer staples (continued)
Imperial Brands Finance PLC 5.625% 7/1/2035 (g)	USD5,050	$5,058
Imperial Brands Finance PLC 6.375% 7/1/2055 (g)	3,664	3,700
Ingles Markets, Inc. 4.00% 6/15/2031 (g)	25,700	23,951
J. M. Smucker Co. (The) 5.90% 11/15/2028	7,370	7,705
J. M. Smucker Co. (The) 6.20% 11/15/2033	5,195	5,557
J. M. Smucker Co. (The) 6.50% 11/15/2043	708	753
J. M. Smucker Co. (The) 6.50% 11/15/2053	3,099	3,318
Kroger Co. 5.00% 9/15/2034	6,865	6,794
Kroger Co. 5.50% 9/15/2054	3,130	2,956
Lamb Weston Holdings, Inc. 4.125% 1/31/2030 (g)	43,025	40,972
Lamb Weston Holdings, Inc. 4.375% 1/31/2032 (g)	7,345	6,869
Mars, Inc. 4.80% 3/1/2030 (g)	5,126	5,178
Mars, Inc. 5.00% 3/1/2032 (g)	7,790	7,866
Mars, Inc. 5.70% 5/1/2055 (g)	13,113	12,951
Mondelez International, Inc. 5.125% 5/6/2035	6,229	6,247
Opal Bidco SAS 6.50% 3/31/2032 (g)	18,010	18,202
Performance Food Group, Inc. 5.50% 10/15/2027 (g)	12,980	12,970
Performance Food Group, Inc. 4.25% 8/1/2029 (g)	12,645	12,168
Performance Food Group, Inc. 6.125% 9/15/2032 (g)	11,310	11,499
Philip Morris International, Inc. 5.125% 11/17/2027	5,947	6,043
Philip Morris International, Inc. 4.875% 2/15/2028	18,750	18,988
Philip Morris International, Inc. 4.625% 11/1/2029	10,794	10,857
Philip Morris International, Inc. 5.625% 11/17/2029	2,850	2,975
Philip Morris International, Inc. 5.125% 2/15/2030	10,323	10,573
Philip Morris International, Inc. 4.375% 4/30/2030	4,911	4,879
Philip Morris International, Inc. 1.75% 11/1/2030	8,486	7,376
Philip Morris International, Inc. 5.125% 2/13/2031	3,982	4,068
Philip Morris International, Inc. 4.75% 11/1/2031	10,044	10,059
Philip Morris International, Inc. 4.90% 11/1/2034	10,955	10,817
Philip Morris International, Inc. 4.875% 4/30/2035	3,667	3,594
Post Holdings, Inc. 5.50% 12/15/2029 (g)	20,825	20,657
Post Holdings, Inc. 4.625% 4/15/2030 (g)	62,941	60,185
Post Holdings, Inc. 6.25% 2/15/2032 (g)	8,961	9,140
Prestige Brands, Inc. 5.125% 1/15/2028 (g)	8,162	8,100
Prestige Brands, Inc. 3.75% 4/1/2031 (g)	8,045	7,369
Reynolds American, Inc. 5.70% 8/15/2035	3,130	3,196
Reynolds American, Inc. 5.85% 8/15/2045	3,900	3,781
TreeHouse Foods, Inc. 4.00% 9/1/2028	30,260	28,018
United Natural Foods, Inc., Term Loan B, (3-month USD CME Term SOFR + 4.75%) 9.106% 5/1/2031 (i)(j)	16,682	16,848
US Foods, Inc. 4.625% 6/1/2030 (g)	20,951	20,207
Walgreens Boots Alliance, Inc. 3.45% 6/1/2026	18,165	17,910
		817,487
Municipals 0.00%
Texas Combined Tirz I, LLC 0% 12/7/2062 (c)(g)	3,338	3,338
Total corporate bonds, notes & loans		21,516,596
Mortgage-backed obligations 4.25%
Federal agency mortgage-backed obligations 3.32%
Fannie Mae Pool #AD8191 4.00% 9/1/2025 (m)	1	1
Fannie Mae Pool #AI6180 4.00% 7/1/2026 (m)	8	8
Fannie Mae Pool #AL2940 3.50% 11/1/2027 (m)	36	36
Fannie Mae Pool #AL8347 4.00% 3/1/2029 (m)	5	5
Fannie Mae Pool #FM8013 5.50% 4/1/2031 (m)	50	50
Fannie Mae Pool #BM1231 3.50% 11/1/2031 (m)	45	45
Fannie Mae Pool #BJ5674 3.00% 1/1/2033 (m)	93	90
Fannie Mae Pool #254767 5.50% 6/1/2033 (m)	66	68
Fannie Mae Pool #BJ6249 4.00% 9/1/2033 (m)	80	79
Fannie Mae Pool #MA3541 4.00% 12/1/2033 (m)	84	84
Fannie Mae Pool #BN1085 4.00% 1/1/2034 (m)	5	5
Fannie Mae Pool #MA3611 4.00% 3/1/2034 (m)	36	35
Fannie Mae Pool #735228 5.50% 2/1/2035 (m)	59	61
Fannie Mae Pool #878099 6.00% 4/1/2036 (m)	105	110
Fannie Mae Pool #880426 6.00% 4/1/2036 (m)	49	51

28 The Income Fund of America

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
Fannie Mae Pool #256308 6.00% 7/1/2036 (m)	USD101	$106
Fannie Mae Pool #888795 5.50% 11/1/2036 (m)	408	419
Fannie Mae Pool #AS8554 3.00% 12/1/2036 (m)	8,305	7,799
Fannie Mae Pool #BE4703 3.00% 12/1/2036 (m)	469	437
Fannie Mae Pool #936999 6.00% 7/1/2037 (m)	295	307
Fannie Mae Pool #945832 6.50% 8/1/2037 (m)	51	54
Fannie Mae Pool #888637 6.00% 9/1/2037 (m)	668	699
Fannie Mae Pool #950991 6.00% 10/1/2037 (m)	213	221
Fannie Mae Pool #995674 6.00% 5/1/2038 (m)	369	387
Fannie Mae Pool #929964 6.00% 9/1/2038 (m)	220	230
Fannie Mae Pool #AE0967 3.50% 6/1/2039 (m)	62	58
Fannie Mae Pool #AC0479 6.00% 9/1/2039 (m)	137	142
Fannie Mae Pool #AE0443 6.50% 10/1/2039 (m)	82	86
Fannie Mae Pool #932274 4.50% 12/1/2039 (m)	3,293	3,243
Fannie Mae Pool #AD4927 5.00% 6/1/2040 (m)	1,017	1,023
Fannie Mae Pool #AE4483 4.00% 9/1/2040 (m)	898	862
Fannie Mae Pool #AE8073 4.00% 12/1/2040 (m)	78	75
Fannie Mae Pool #AE0828 3.50% 2/1/2041 (m)	26	24
Fannie Mae Pool #AB2470 4.50% 3/1/2041 (m)	9	9
Fannie Mae Pool #AI3422 5.00% 5/1/2041 (m)	36	36
Fannie Mae Pool #AI4836 5.00% 6/1/2041 (m)	34	34
Fannie Mae Pool #MA4387 2.00% 7/1/2041 (m)	9,875	8,431
Fannie Mae Pool #AI5571 5.00% 7/1/2041 (m)	33	33
Fannie Mae Pool #AI8482 5.00% 8/1/2041 (m)	33	33
Fannie Mae Pool #AJ0257 4.00% 9/1/2041 (m)	27	26
Fannie Mae Pool #AJ4154 4.00% 11/1/2041 (m)	81	78
Fannie Mae Pool #AB4050 4.00% 12/1/2041 (m)	148	142
Fannie Mae Pool #AJ4189 4.00% 12/1/2041 (m)	88	84
Fannie Mae Pool #FS0305 1.50% 1/1/2042 (m)	33,130	27,082
Fannie Mae Pool #890407 4.00% 2/1/2042 (m)	213	205
Fannie Mae Pool #AL2745 4.00% 3/1/2042 (m)	617	591
Fannie Mae Pool #AB5377 3.50% 6/1/2042 (m)	9,506	8,839
Fannie Mae Pool #AO9140 3.50% 7/1/2042 (m)	3,200	2,969
Fannie Mae Pool #AU3742 3.50% 8/1/2043 (m)	1,889	1,752
Fannie Mae Pool #AU8813 4.00% 11/1/2043 (m)	1,073	1,025
Fannie Mae Pool #AU9350 4.00% 11/1/2043 (m)	722	690
Fannie Mae Pool #AU9348 4.00% 11/1/2043 (m)	708	677
Fannie Mae Pool #FM9416 3.50% 7/1/2045 (m)	22,479	20,726
Fannie Mae Pool #AL8354 3.50% 10/1/2045 (m)	3,333	3,081
Fannie Mae Pool #AL8522 3.50% 5/1/2046 (m)	7,456	6,869
Fannie Mae Pool #AS8310 3.00% 11/1/2046 (m)	1,221	1,086
Fannie Mae Pool #BM1179 3.00% 4/1/2047 (m)	1,494	1,328
Fannie Mae Pool #947661 6.50% 10/1/2047 (m)	28	29
Fannie Mae Pool #947554 7.00% 10/1/2047 (m)	128	135
Fannie Mae Pool #920015 7.00% 10/1/2047 (m)	33	35
Fannie Mae Pool #CA0770 3.50% 11/1/2047 (m)	258	235
Fannie Mae Pool #CA0854 3.50% 12/1/2047 (m)	4,736	4,317
Fannie Mae Pool #BM4413 4.50% 12/1/2047 (m)	2,557	2,475
Fannie Mae Pool #FM7341 4.00% 3/1/2048 (m)	23	22
Fannie Mae Pool #CA1542 4.00% 4/1/2048 (m)	4,201	3,948
Fannie Mae Pool #BF0293 3.00% 7/1/2048 (m)	7,055	6,194
Fannie Mae Pool #BF0318 3.50% 8/1/2048 (m)	5,408	4,897
Fannie Mae Pool #FM1784 4.00% 9/1/2048 (m)	5,790	5,440
Fannie Mae Pool #CA3184 4.00% 3/1/2049 (m)	8,087	7,585
Fannie Mae Pool #CA3807 3.00% 7/1/2049 (m)	1,487	1,309
Fannie Mae Pool #CA3806 3.00% 7/1/2049 (m)	992	875
Fannie Mae Pool #CA3814 3.50% 7/1/2049 (m)	25,684	23,559
Fannie Mae Pool #CA3976 4.00% 8/1/2049 (m)	44,304	41,484
Fannie Mae Pool #FM1668 4.00% 8/1/2049 (m)	4,926	4,614
Fannie Mae Pool #CA4112 3.50% 9/1/2049 (m)	28,279	25,939
Fannie Mae Pool #FM1589 3.50% 9/1/2049 (m)	2,425	2,193
Fannie Mae Pool #BO3491 2.50% 10/1/2049 (m)	46	38
Fannie Mae Pool #CA4432 4.00% 10/1/2049 (m)	5,109	4,774
Fannie Mae Pool #FM1954 3.50% 11/1/2049 (m)	3,817	3,452
Fannie Mae Pool #CA4802 3.50% 12/1/2049 (m)	20,994	19,154
Fannie Mae Pool #CA4804 3.50% 12/1/2049 (m)	18,324	16,662

The Income Fund of America 29

Bonds, notes & other debt instruments (continued)	Principal amount (000)	Value (000)
Mortgage-backed obligations (continued)
Federal agency mortgage-backed obligations (continued)
Fannie Mae Pool #FM2092 3.50% 12/1/2049 (m)	USD10,716	$9,750
Fannie Mae Pool #BN7443 2.50% 3/1/2050 (m)	54	45
Fannie Mae Pool #CA5659 2.50% 5/1/2050 (m)	1,952	1,604
Fannie Mae Pool #CA5968 2.50% 6/1/2050 (m)	14,696	12,244
Fannie Mae Pool #BP5576 2.50% 6/1/2050 (m)	6,700	5,508
Fannie Mae Pool #BP5474 2.50% 6/1/2050 (m)	5,872	4,827
Fannie Mae Pool #BP5502 2.50% 6/1/2050 (m)	2,313	1,902
Fannie Mae Pool #CA6168 2.50% 6/1/2050 (m)	2,015	1,656
Fannie Mae Pool #BP5482 2.50% 6/1/2050 (m)	481	396
Fannie Mae Pool #BP8762 2.50% 7/1/2050 (m)	3,398	2,793
Fannie Mae Pool #FM3720 2.50% 7/1/2050 (m)	1,833	1,506
Fannie Mae Pool #CA6349 3.00% 7/1/2050 (m)	2,579	2,220
Fannie Mae Pool #FM3920 2.50% 8/1/2050 (m)	8,164	6,712
Fannie Mae Pool #FP0058 2.50% 8/1/2050 (m)	1,894	1,557
Fannie Mae Pool #CA6593 2.50% 8/1/2050 (m)	642	537
Fannie Mae Pool #BQ0212 2.50% 8/1/2050 (m)	461	379
Fannie Mae Pool #FM4021 2.50% 8/1/2050 (m)	360	296
Fannie Mae Pool #CA6740 3.00% 8/1/2050