Is Amecx a good fund?

Is Amecx a good fund?

Overall, American Funds Income Fund of America A ( AMECX ) has a low Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, American Funds Income Fund of America A ( AMECX ) looks like a somewhat weak choice for investors right now.

Is Income fund of America a good fund?

A strong choice for income-seeking investors. American Funds Income Fund of America’s ability to balance income and capital appreciation, coupled with a strong manager lineup, earn a Morningstar Analyst Rating of Gold for the cheapest classes.

Is Morningstar a good analyst?

A study performed by Vanguard found that Morningstar’s ratings were not a good method to predict performance when measured against a benchmark. Morningstar itself acknowledges its rating system as a quantitative measure of a fund’s past performance that is not intended to accurately predict future performance.

What are the 5-star stocks?

Consider these five-star value stocks:

• Exxon Mobil Corp. (XOM)
• Philip Morris International (PM)
• Wells Fargo & Co. (WFC)
• CVS Health Corp. (CVS)
• Simon Property Group (SPG)
• ConocoPhillips (COP)
• Kinder Morgan (KMI)

How are Morningstar star ratings calculated for mutual funds?

Morningstar Rating (TM) The Morningstar Rating (TM) for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history.

What do you need to know about Morningstar analysis?

The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Will AMECX outperform in future?

Which is the parent pillar of amecx Income Fund?

The Parent Pillar is our rating of AMECX’s parent organization’s priorities and whether they’re in line with investors’ interests. A strong choice for income-seeking investors.

Who are the top holdings of Amer fund?

The fund’s top holdings are in Microsoft, Lockheed Martin, McDonald’s, Merck & Co. and Intel. As of September 25, 2019, the fund has assets totaling almost $108.96 billion invested in 1,928 different holdings.