EXPLANATORY NOTE
On behalf of SunAmerica Income Funds (the “Fund”) and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are eXtensible Business Reporting Language (“XBRL”) exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information contained in the supplements to the Fund’s Prospectuses dated July 28, 2017. The purpose of this filing is to submit the XBRL exhibits for the risk/return summary information provided in the 497(e) filing (SEC accession number 0001193125-17-372003) dated December 18, 2017.
Document and Entity Information |
Total |
|---|---|
| Prospectus: | |
| Document Type | 497 |
| Document Period End Date | Dec. 18, 2017 |
| Registrant Name | SUNAMERICA INCOME FUNDS |
| Central Index Key | 0000795307 |
| Amendment Flag | false |
| Document Creation Date | Dec. 18, 2017 |
| Document Effective Date | Dec. 18, 2017 |
| Prospectus Date | Jul. 28, 2017 |
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | Class A | |
| Prospectus: | |
| Trading Symbol | SHNAX |
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | Class C | |
| Prospectus: | |
| Trading Symbol | SHNCX |
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | Class W | |
| Prospectus: | |
| Trading Symbol | SHNWX |
| Class T Prospectus | AIG Flexible Credit Fund | Class T | |
| Prospectus: | |
| Trading Symbol | SHNTX |
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | |||||||||||||||||||||||||||||||||||||||
| AIG Flexible Credit Fund | |||||||||||||||||||||||||||||||||||||||
SunAmerica Income Funds AIG Flexible Credit Fund Class A, Class C, Class W (the “Fund”) Supplement dated December 18, 2017, to the Fund’s Prospectus dated July 28, 2017, as supplemented and amended to date Effective December 7, 2017, pursuant to an Advisory Fee Waiver Agreement, SunAmerica Asset Management, LLC (“SunAmerica”) has contractually agreed to waive a portion of its fees payable by the Fund through July 31, 2019. Additionally, the Board of Trustees approved a Subadvisory Fee Waiver Agreement by and between SunAmerica and Newfleet Asset Management, LLC (“Newfleet”), the Fund’s subadviser, with respect to the Fund. Effective December 7, 2017, pursuant to the Subadvisory Fee Waiver Agreement, Newfleet has contractually agreed to waive a portion of its fees payable by SunAmerica, with respect to the Fund, through July 31, 2019. Accordingly, the following changes to the Prospectus are effective as of December 7, 2017: | |||||||||||||||||||||||||||||||||||||||
In the section entitled “Fund Highlights: AIG Flexible Credit Fund – Fees and Expenses of the Fund,” the table under the heading “Shareholder Fees” is deleted in its entirety and replaced with the following: | |||||||||||||||||||||||||||||||||||||||
| Shareholder Fees (fees paid directly from your investment) | |||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | |||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||
In addition, the “Example” is deleted in its entirety and replaced with the following: This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same and that all fee waivers and/or reimbursements remain in place through July 31, 2019. Although your actual costs may be higher or lower, based on these assumptions and the net expenses shown in the fee table, your costs would be: | |||||||||||||||||||||||||||||||||||||||
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| You would pay the following expenses if you did not redeem your shares: | |||||||||||||||||||||||||||||||||||||||
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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. | |||||||||||||||||||||||||||||||||||||||
| Label | Element | Value | ||||||
|---|---|---|---|---|---|---|---|---|
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | ||||||||
| Risk/Return: | rr_RiskReturnAbstract | |||||||
| Supplement [Text Block] | ck0000795307_SupplementTextBlock | SunAmerica Income Funds AIG Flexible Credit Fund Class A, Class C, Class W (the “Fund”) Supplement dated December 18, 2017, to the Fund’s Prospectus dated July 28, 2017, as supplemented and amended to date Effective December 7, 2017, pursuant to an Advisory Fee Waiver Agreement, SunAmerica Asset Management, LLC (“SunAmerica”) has contractually agreed to waive a portion of its fees payable by the Fund through July 31, 2019. Additionally, the Board of Trustees approved a Subadvisory Fee Waiver Agreement by and between SunAmerica and Newfleet Asset Management, LLC (“Newfleet”), the Fund’s subadviser, with respect to the Fund. Effective December 7, 2017, pursuant to the Subadvisory Fee Waiver Agreement, Newfleet has contractually agreed to waive a portion of its fees payable by SunAmerica, with respect to the Fund, through July 31, 2019. Accordingly, the following changes to the Prospectus are effective as of December 7, 2017: |
||||||
| Risk/Return [Heading] | rr_RiskReturnHeading | AIG Flexible Credit Fund | ||||||
| Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | In the section entitled “Fund Highlights: AIG Flexible Credit Fund – Fees and Expenses of the Fund,” the table under the heading “Shareholder Fees” is deleted in its entirety and replaced with the following: |
||||||
| Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder Fees (fees paid directly from your investment) | ||||||
| Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||||
| Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | Jul. 31, 2019 | ||||||
| Expenses Restated to Reflect Current [Text] | rr_ExpensesRestatedToReflectCurrent | The expense table has been restated to reflect the Advisory Fee Waiver Agreement as if it had been in effect for the fiscal year ended March 31, 2017. | ||||||
| Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | In addition, the “Example” is deleted in its entirety and replaced with the following: This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same and that all fee waivers and/or reimbursements remain in place through July 31, 2019. Although your actual costs may be higher or lower, based on these assumptions and the net expenses shown in the fee table, your costs would be: |
||||||
| Expense Example, No Redemption, By Year, Caption [Text] | rr_ExpenseExampleNoRedemptionByYearCaption | You would pay the following expenses if you did not redeem your shares: | ||||||
| Expense Example Closing [Text Block] | rr_ExpenseExampleClosingTextBlock | PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. |
||||||
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | Class A | ||||||||
| Risk/Return: | rr_RiskReturnAbstract | |||||||
| Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 4.75% | ||||||
| Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the amount redeemed or original purchase cost) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||||
| Maximum Sales Charge (Load) Imposed on Reinvested Dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||||||
| Redemption Fee | rr_RedemptionFeeOverRedemption | none | ||||||
| Management Fees | rr_ManagementFeesOverAssets | 0.74% | ||||||
| Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.35% | ||||||
| Other Expenses | rr_OtherExpensesOverAssets | 0.34% | ||||||
| Total Annual Fund Operating Expenses Before Fee Waivers and/or Expense Reimbursements | rr_ExpensesOverAssets | 1.43% | ||||||
| Fee Waivers and/or Expense Reimbursements | rr_FeeWaiverOrReimbursementOverAssets | 0.38% | [2],[3] | |||||
| Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements | rr_NetExpensesOverAssets | 1.05% | [2],[3] | |||||
| Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | Purchases of Class A shares of $1 million or more will be subject to a contingent deferred sales charge (“CDSC”) on redemptions made within two years of purchase. | ||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 577 | ||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 870 | ||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,185 | ||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,076 | ||||||
| Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 577 | ||||||
| Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 870 | ||||||
| Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,185 | ||||||
| Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,076 | ||||||
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | Class C | ||||||||
| Risk/Return: | rr_RiskReturnAbstract | |||||||
| Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
| Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the amount redeemed or original purchase cost) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | [1] | |||||
| Maximum Sales Charge (Load) Imposed on Reinvested Dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||||||
| Redemption Fee | rr_RedemptionFeeOverRedemption | none | ||||||
| Management Fees | rr_ManagementFeesOverAssets | 0.74% | ||||||
| Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||
| Other Expenses | rr_OtherExpensesOverAssets | 0.33% | ||||||
| Total Annual Fund Operating Expenses Before Fee Waivers and/or Expense Reimbursements | rr_ExpensesOverAssets | 2.07% | ||||||
| Fee Waivers and/or Expense Reimbursements | rr_FeeWaiverOrReimbursementOverAssets | 0.38% | [2],[3] | |||||
| Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements | rr_NetExpensesOverAssets | 1.69% | [2],[3] | |||||
| Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | The CDSC on Class C shares applies only if shares are redeemed within twelve months of their purchase. See pages 19-21 of the Prospectus for more information about the CDSCs. | ||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 272 | ||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 612 | ||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,079 | ||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,370 | ||||||
| Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 172 | ||||||
| Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 612 | ||||||
| Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,079 | ||||||
| Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,370 | ||||||
| Class A, Class C, & Class W Prospectus | AIG Flexible Credit Fund | Class W | ||||||||
| Risk/Return: | rr_RiskReturnAbstract | |||||||
| Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
| Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the amount redeemed or original purchase cost) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||||
| Maximum Sales Charge (Load) Imposed on Reinvested Dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||||||
| Redemption Fee | rr_RedemptionFeeOverRedemption | none | ||||||
| Management Fees | rr_ManagementFeesOverAssets | 0.74% | ||||||
| Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||
| Other Expenses | rr_OtherExpensesOverAssets | 0.47% | ||||||
| Total Annual Fund Operating Expenses Before Fee Waivers and/or Expense Reimbursements | rr_ExpensesOverAssets | 1.21% | ||||||
| Fee Waivers and/or Expense Reimbursements | rr_FeeWaiverOrReimbursementOverAssets | 0.38% | [2],[3] | |||||
| Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements | rr_NetExpensesOverAssets | 0.83% | [2],[3] | |||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 85 | ||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 346 | ||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 628 | ||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,432 | ||||||
| Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 85 | ||||||
| Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 346 | ||||||
| Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 628 | ||||||
| Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,432 | ||||||
| ||||||||
| Class T Prospectus | AIG Flexible Credit Fund | |||||||||||||||||||||||||||
| AIG Flexible Credit Fund | |||||||||||||||||||||||||||
SunAmerica Income Funds AIG Flexible Credit Fund Class T (the “Fund”) Supplement dated December 18, 2017, to the Fund’s Prospectus dated July 28, 2017, as supplemented and amended to date Effective December 7, 2017, pursuant to an Advisory Fee Waiver Agreement, SunAmerica Asset Management, LLC (“SunAmerica”) has contractually agreed to waive a portion of its fees payable by the Fund through July 31, 2019. Additionally, the Board of Trustees approved a Subadvisory Fee Waiver Agreement by and between SunAmerica and Newfleet Asset Management, LLC (“Newfleet”), the Fund’s subadviser, with respect to the Fund. Effective December 7, 2017, pursuant to the Subadvisory Fee Waiver Agreement, Newfleet has contractually agreed to waive its fees payable by SunAmerica, with respect to the Fund, through July 31, 2019. Accordingly, the following changes to the Prospectus are effective as of December 7, 2017: | |||||||||||||||||||||||||||
In the section entitled “Fund Highlights: AIG Flexible Credit Fund – Fees and Expenses of the Fund,” the table under the heading “Annual Fund Operating Expenses” is deleted in its entirety and replaced with the following: | |||||||||||||||||||||||||||
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | |||||||||||||||||||||||||||
| |||||||||||||||||||||||||||
In addition, the “Example” is deleted in its entirety and replaced with the following: This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same and that all fee waivers and/or reimbursements remain in place through July 31, 2019. Although your actual costs may be higher or lower, based on these assumptions and the net expenses shown in the fee table, your costs would be: | |||||||||||||||||||||||||||
| |||||||||||||||||||||||||||
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. | |||||||||||||||||||||||||||
| Label | Element | Value | ||||||
|---|---|---|---|---|---|---|---|---|
| Class T Prospectus | AIG Flexible Credit Fund | ||||||||
| Risk/Return: | rr_RiskReturnAbstract | |||||||
| Supplement [Text Block] | ck0000795307_SupplementTextBlock | SunAmerica Income Funds AIG Flexible Credit Fund Class T (the “Fund”) Supplement dated December 18, 2017, to the Fund’s Prospectus dated July 28, 2017, as supplemented and amended to date Effective December 7, 2017, pursuant to an Advisory Fee Waiver Agreement, SunAmerica Asset Management, LLC (“SunAmerica”) has contractually agreed to waive a portion of its fees payable by the Fund through July 31, 2019. Additionally, the Board of Trustees approved a Subadvisory Fee Waiver Agreement by and between SunAmerica and Newfleet Asset Management, LLC (“Newfleet”), the Fund’s subadviser, with respect to the Fund. Effective December 7, 2017, pursuant to the Subadvisory Fee Waiver Agreement, Newfleet has contractually agreed to waive its fees payable by SunAmerica, with respect to the Fund, through July 31, 2019. Accordingly, the following changes to the Prospectus are effective as of December 7, 2017: |
||||||
| Risk/Return [Heading] | rr_RiskReturnHeading | AIG Flexible Credit Fund | ||||||
| Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | In the section entitled “Fund Highlights: AIG Flexible Credit Fund – Fees and Expenses of the Fund,” the table under the heading “Annual Fund Operating Expenses” is deleted in its entirety and replaced with the following: |
||||||
| Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||||
| Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | Jul. 31, 2019 | ||||||
| Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Other expenses are based on estimated amounts for the current fiscal year. | ||||||
| Expenses Restated to Reflect Current [Text] | rr_ExpensesRestatedToReflectCurrent | The expense table has been restated to reflect the Advisory Fee Waiver Agreement as if it had been in effect for the fiscal year ended March 31, 2017. | ||||||
| Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | In addition, the “Example” is deleted in its entirety and replaced with the following: This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same and that all fee waivers and/or reimbursements remain in place through July 31, 2019. Although your actual costs may be higher or lower, based on these assumptions and the net expenses shown in the fee table, your costs would be: |
||||||
| Expense Example Closing [Text Block] | rr_ExpenseExampleClosingTextBlock | PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. |
||||||
| Class T Prospectus | AIG Flexible Credit Fund | Class T | ||||||||
| Risk/Return: | rr_RiskReturnAbstract | |||||||
| Management Fees | rr_ManagementFeesOverAssets | 0.74% | ||||||
| Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||
| Other Expenses | rr_OtherExpensesOverAssets | 0.87% | [1] | |||||
| Total Annual Fund Operating Expenses Before Fee Waivers and/or Expense Reimbursements | rr_ExpensesOverAssets | 1.86% | ||||||
| Fee Waivers and/or Expense Reimbursements | rr_FeeWaiverOrReimbursementOverAssets | 0.51% | [2],[3] | |||||
| Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements | rr_NetExpensesOverAssets | 1.35% | [2],[3] | |||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 137 | ||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | $ 535 | ||||||
| ||||||||
| Label | Element | Value |
|---|---|---|
| Risk/Return: | rr_RiskReturnAbstract | |
| Prospectus Date | rr_ProspectusDate | Jul. 28, 2017 |
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