Income Fund Financials

AMECX Fund  USD 23.33  0.10  0.43%   
Financial data analysis helps to validate if markets are presently mispricing Income Fund. We were able to break down seventeen available reported financial drivers for Income Fund, which can be compared to its competitors. The fund experiences a normal downward trend and little activity. Check odds of Income Fund to be traded at $23.1 in 90 days.
  
Please note that past performance is not an indicator of the future performance of Income Fund, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Income Fund Fund Summary

Income Fund competes with American Mutual, American Mutual, American Funds, American Funds, and New Economy. Normally the fund invests primarily in income-producing securities. These include equity securities, such as dividend-paying common stocks, and debt securities, such as interest-paying bonds. Generally at least 60 percent of the funds assets will be invested in common stocks and other equity-type securities. The fund may also invest up to 30 percent of its assets in common stocks and other equity-type securities of issuers domiciled outside the United States, including issuers in developing countries.
Specialization
Allocation--70% to 85% Equity, Large Value
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS4533201038
Business AddressTheome Fund of
Mutual Fund FamilyAmerican Funds
Mutual Fund CategoryAllocation--70% to 85% Equity
BenchmarkNYSE Composite
Phone800 421 4225
CurrencyUSD - US Dollar
You should never invest in Income Fund Of without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Income Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Income Fund's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.

Income Fund Key Financial Ratios

Generally speaking, Income Fund's financial ratios allow both analysts and investors to convert raw data from Income Fund's financial statements into concise, actionable information that can be used to evaluate the performance of Income Fund over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Income Fund reports annually and quarterly.

Income Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Income Fund's current stock value. Our valuation model uses many indicators to compare Income Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Income Fund competition to find correlations between indicators driving Income Fund's intrinsic value. More Info.
Income Fund Of is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about  0.15  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Income Fund Of is roughly  6.65 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Income Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Income Fund's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Income Fund's earnings, one of the primary drivers of an investment's value.

Income Fund Systematic Risk

Income Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Income Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Income Fund correlated with the market. If Beta is less than 0 Income Fund generally moves in the opposite direction as compared to the market. If Income Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Income Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Income Fund is generally in the same direction as the market. If Beta > 1 Income Fund moves generally in the same direction as, but more than the movement of the benchmark.
Income Fund Of is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Allocation--70% to 85% Equity category is currently estimated at about 399.03 Billion. Income Fund totals roughly 118.35 Billion in net asset claiming about 30% of funds in Allocation--70% to 85% Equity category.

Income Fund April 16, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Income Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Income Fund Of. We use our internally-developed statistical techniques to arrive at the intrinsic value of Income Fund Of based on widely used predictive technical indicators. In general, we focus on analyzing Income Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Income Fund's daily price indicators and compare them against related drivers.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Income Fund Of. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Income Fund information on this page should be used as a complementary analysis to other Income Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Please note, there is a significant difference between Income Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Income Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Income Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.