497

K&L GATES LLP 1601 K STREET, N.W. WASHINGTON, DC 20006 T +1 202 778 9000    F +1 202 778 9100  klgates.com

May 22, 2018

EDGAR FILING

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

Re: First Investors Income Funds File Nos. 002-89287; 811-03967

Ladies and Gentlemen:

Enclosed for filing, pursuant to Rule 497(e) of the Securities Act of 1933, as amended, are exhibits containing risk/return summary information in interactive data format for the First Investors Balanced Income Fund, First Investors Limited Duration Bond Fund and First Investors Strategic Income Fund (the “Funds”), each a series of First Investors Income Funds.  The exhibits reflect updated risk/return summary information for the Funds, as filed with the Securities and Exchange Commission pursuant to Rule 497(e) on May 4, 2018 and effective on May 4, 2018 (Accession Number: 0000898432-18-000595), which is incorporated herein by reference.

If you have any questions or comments concerning the foregoing, please call me at (202) 778-9015.

Very truly yours,

/s/ Kathy K. Ingber

Kathy K. Ingber

Attachments

cc: Mary Carty Mary Najem     Foresters Investment Management Company, Inc.

XML

Document and Entity Information	Sep. 30, 2017
Prospectus:
Document Type	497
Document Period End Date	Sep. 30, 2017
Registrant Name	FIRST INVESTORS INCOME FUNDS
Entity Central Index Key	0000740967
Amendment Flag	false
Document Creation Date	May 04, 2018
Document Effective Date	May 04, 2018
Prospectus Date	Jan. 31, 2018

XML

Sep. 30, 2017

First Investors Balanced Income Fund

First Investors Balanced Income Fund

SUPPLEMENT DATED MAY 4, 2018
FIRST INVESTORS INCOME AND EQUITY FUNDS PROSPECTUS
DATED JANUARY 31, 2018
1.	In “The Funds Summary Section” for the Balanced Income Fund, under the heading “Principal Investment Strategies”, the second sentence in the first paragraph is deleted and replaced with the following:
	While the percentage of assets allocated to each asset class is flexible rather than fixed, under normal market conditions, the Fund invests approximately 50-70% of its net assets in bonds, money market instruments and cash and investments that provide exposure to such assets, including exchange-traded funds (“ETFs”), and approximately 30-50% of its net assets in stocks and investments that provide exposure to such assets, including ETFs.
2.	In “The Funds Summary Section” for the Balanced Income Fund, under the heading “Principal Investment Strategies”, the second paragraph is deleted and replaced with the following:
	In connection with the determination of the Fund’s allocation ranges, Foresters Investment Management Company, Inc. (“Adviser”) considers various factors, including existing and projected market conditions for equity and fixed income securities.  Once the asset allocation for bonds, stocks and money market instruments has been set, the Adviser uses fundamental research and analysis to determine which particular investments to purchase or sell.  The percentage allocations within the above ranges may change due to, among other things, market fluctuations or reallocation decisions by the Adviser. Reallocations are expected to occur infrequently and only when the Fund’s investments in bonds, stocks and money market instruments fall outside of the above ranges.

* * * * *

Please retain this Supplement for future reference.

IEP5182

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Label

Element

Value

First Investors Balanced Income Fund

Risk/Return:

rr_RiskReturnAbstract

Supplement to Prospectus [Text Block]

rr_SupplementToProspectusTextBlock

SUPPLEMENT DATED MAY 4, 2018
FIRST INVESTORS INCOME AND EQUITY FUNDS PROSPECTUS
DATED JANUARY 31, 2018
1.	In “The Funds Summary Section” for the Balanced Income Fund, under the heading “Principal Investment Strategies”, the second sentence in the first paragraph is deleted and replaced with the following:
	While the percentage of assets allocated to each asset class is flexible rather than fixed, under normal market conditions, the Fund invests approximately 50-70% of its net assets in bonds, money market instruments and cash and investments that provide exposure to such assets, including exchange-traded funds (“ETFs”), and approximately 30-50% of its net assets in stocks and investments that provide exposure to such assets, including ETFs.
2.	In “The Funds Summary Section” for the Balanced Income Fund, under the heading “Principal Investment Strategies”, the second paragraph is deleted and replaced with the following:
	In connection with the determination of the Fund’s allocation ranges, Foresters Investment Management Company, Inc. (“Adviser”) considers various factors, including existing and projected market conditions for equity and fixed income securities.  Once the asset allocation for bonds, stocks and money market instruments has been set, the Adviser uses fundamental research and analysis to determine which particular investments to purchase or sell.  The percentage allocations within the above ranges may change due to, among other things, market fluctuations or reallocation decisions by the Adviser. Reallocations are expected to occur infrequently and only when the Fund’s investments in bonds, stocks and money market instruments fall outside of the above ranges.

* * * * *

Please retain this Supplement for future reference.

IEP5182

Risk/Return [Heading]

rr_RiskReturnHeading

First Investors Balanced Income Fund

XML

Sep. 30, 2017

First Investors Limited Duration Bond Fund

First Investors Limited Duration Bond Fund

SUPPLEMENT DATED MAY 4, 2018

FIRST INVESTORS INCOME AND EQUITY FUNDS PROSPECTUS

DATED JANUARY 31, 2018

1.	In “The Funds Summary Section” for the Limited Duration Bond Fund, under the heading “Principal Investment Strategies”, the first sentence in the second to last paragraph is deleted and replaced with the following:
	The Fund seeks to maintain an average weighted duration of between one and six years.
2.	In “The Funds Summary Section” for the Limited Duration Bond Fund, under the  heading “Portfolio Manager” the first sentence is deleted and replaced with the following:
	The Fund assets managed by FIMCO are managed by Rodwell Chadehumbe, who has served as Portfolio Manager of the Fund since its inception in 2014.

* * * * *

Please retain this Supplement for future reference.

IEP5182

XML

Label

Element

Value

First Investors Limited Duration Bond Fund

Risk/Return:

rr_RiskReturnAbstract

Supplement to Prospectus [Text Block]

rr_SupplementToProspectusTextBlock

SUPPLEMENT DATED MAY 4, 2018

FIRST INVESTORS INCOME AND EQUITY FUNDS PROSPECTUS

DATED JANUARY 31, 2018

1.	In “The Funds Summary Section” for the Limited Duration Bond Fund, under the heading “Principal Investment Strategies”, the first sentence in the second to last paragraph is deleted and replaced with the following:
	The Fund seeks to maintain an average weighted duration of between one and six years.
2.	In “The Funds Summary Section” for the Limited Duration Bond Fund, under the  heading “Portfolio Manager” the first sentence is deleted and replaced with the following:
	The Fund assets managed by FIMCO are managed by Rodwell Chadehumbe, who has served as Portfolio Manager of the Fund since its inception in 2014.

* * * * *

Please retain this Supplement for future reference.

IEP5182

Risk/Return [Heading]

rr_RiskReturnHeading

First Investors Limited Duration Bond Fund

XML

Sep. 30, 2017

First Investors Strategic Income Fund

First Investors Strategic Income Fund

SUPPLEMENT DATED MAY 4, 2018

FIRST INVESTORS INCOME AND EQUITY FUNDS PROSPECTUS

DATED JANUARY 31, 2018

1.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Investment Strategies”, the sixth sentence in the second paragraph is deleted and replaced with the following:
	The equity-related Underlying Funds are currently composed of the First Investors Equity Income Fund, which primarily invests in dividend-paying stocks of any size company, the First Investors Real Estate Fund, which primarily invests in securities issued by real estate investment trusts (“REITs”), and the First Investors Covered Call Strategy Fund and the First Investors Premium Income Fund, each of which invests in a portfolio of equity securities and writes (sells) call options on those securities (“Underlying Equity Funds”).
2.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Investment Strategies”, the third sentence in the third paragraph is deleted and replaced with the following:
	The Fund anticipates that it will invest a significant portion of its net assets in the First Investors Limited Duration Bond Fund, First Investors Investment Grade Fund, First Investors Fund For Income, First Investors Floating Rate Fund, First Investors Government Fund and First Investors International Opportunities Bond Fund and, to a lesser degree, in the First Investors Government Cash Management Fund, First Investors Tax Exempt Income Fund, First Investors Tax Exempt Opportunities Fund, First Investors Equity Income Fund, First Investors Real Estate Fund, First Investors Covered Call Strategy Fund and First Investors Premium Income Fund.
3.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Risks of the Underlying Funds”, the paragraph under the heading “Call Options Risk” is deleted and replaced with the following:
	Writing call options involves risks, such as potential losses if equity markets or an individual equity security do not move as expected and the potential for greater losses than if these techniques had not been used.  By writing covered call options, an Underlying Fund will lose money if the exercise price of an option is below the market price of the asset on which the option was written and the premium received by the Underlying Fund for writing the option is insufficient to make up for that loss.  The Underlying Fund will also give up the opportunity to benefit from potential increases in the value of an Underlying Fund asset above the option’s exercise price.  Nevertheless, the Underlying Fund will continue to bear the risk of declines in the value of the covered assets.  Writing call options may expose an Underlying Fund to significant additional costs.
4.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Risks of the Underlying Funds”, the following is added as the last sentence in the first paragraph under the heading “Security Selection Risk:
	Declines in certain stocks could detract from the returns of an Underlying Fund that sells covered call options even when the broad market is flat or increasing and the Underlying Fund’s call option writing strategy may make it difficult for the Underlying Fund to dispose of underperforming securities.

* * * * *

Please retain this Supplement for future reference.

IEP5182

XML

Label

Element

Value

First Investors Strategic Income Fund

Risk/Return:

rr_RiskReturnAbstract

Supplement to Prospectus [Text Block]

rr_SupplementToProspectusTextBlock

SUPPLEMENT DATED MAY 4, 2018

FIRST INVESTORS INCOME AND EQUITY FUNDS PROSPECTUS

DATED JANUARY 31, 2018

1.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Investment Strategies”, the sixth sentence in the second paragraph is deleted and replaced with the following:
	The equity-related Underlying Funds are currently composed of the First Investors Equity Income Fund, which primarily invests in dividend-paying stocks of any size company, the First Investors Real Estate Fund, which primarily invests in securities issued by real estate investment trusts (“REITs”), and the First Investors Covered Call Strategy Fund and the First Investors Premium Income Fund, each of which invests in a portfolio of equity securities and writes (sells) call options on those securities (“Underlying Equity Funds”).
2.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Investment Strategies”, the third sentence in the third paragraph is deleted and replaced with the following:
	The Fund anticipates that it will invest a significant portion of its net assets in the First Investors Limited Duration Bond Fund, First Investors Investment Grade Fund, First Investors Fund For Income, First Investors Floating Rate Fund, First Investors Government Fund and First Investors International Opportunities Bond Fund and, to a lesser degree, in the First Investors Government Cash Management Fund, First Investors Tax Exempt Income Fund, First Investors Tax Exempt Opportunities Fund, First Investors Equity Income Fund, First Investors Real Estate Fund, First Investors Covered Call Strategy Fund and First Investors Premium Income Fund.
3.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Risks of the Underlying Funds”, the paragraph under the heading “Call Options Risk” is deleted and replaced with the following:
	Writing call options involves risks, such as potential losses if equity markets or an individual equity security do not move as expected and the potential for greater losses than if these techniques had not been used.  By writing covered call options, an Underlying Fund will lose money if the exercise price of an option is below the market price of the asset on which the option was written and the premium received by the Underlying Fund for writing the option is insufficient to make up for that loss.  The Underlying Fund will also give up the opportunity to benefit from potential increases in the value of an Underlying Fund asset above the option’s exercise price.  Nevertheless, the Underlying Fund will continue to bear the risk of declines in the value of the covered assets.  Writing call options may expose an Underlying Fund to significant additional costs.
4.	In “The Funds Summary Section” for the Strategic Income Fund, under the heading “Principal Risks of the Underlying Funds”, the following is added as the last sentence in the first paragraph under the heading “Security Selection Risk:
	Declines in certain stocks could detract from the returns of an Underlying Fund that sells covered call options even when the broad market is flat or increasing and the Underlying Fund’s call option writing strategy may make it difficult for the Underlying Fund to dispose of underperforming securities.

* * * * *

Please retain this Supplement for future reference.

IEP5182

Risk/Return [Heading]

rr_RiskReturnHeading

First Investors Strategic Income Fund

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Prospectus Date	rr_ProspectusDate	Jan. 31, 2018