Income Fund of America

Shareclass
Income Fund of America Class R-2 (RIDBX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
11.77%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
28
holdings flagged
12%
of assets flagged
This fund contains
 $16.98 BILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
4 holdings
0.87% of assets
$1.26 BILLION invested
banks
Banks and lenders
9 holdings
3.93% of assets
$5.66 BILLION invested
consumers
Major consumer brands
16 holdings
7.44% of assets
$10.73 BILLION invested
Commodity producers
Commodity producers
4 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
4 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Bunge Global SA
    Soy producerPaper/pulp producerPalm oil producer
    0.47%0.47% of portfolio
    $681.54M$681.54M invested
    Soy producerPaper/pulp producerPalm oil producer
  • 2. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.26%0.26% of portfolio
    $382.08M$382.08M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 3. Glencore PLC
    Soy producerPalm oil producer
    0.12%0.12% of portfolio
    $175.05M$175.05M invested
    Soy producerPalm oil producer
  • 4. International Paper Co
    Paper/pulp producer
    0.02%0.02% of portfolio
    $22.68M$22.68M invested
    Paper/pulp producer
Banks and lenders
Banks and lenders
9 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
9 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Citigroup Inc
    1.16%1.16% of portfolio
    $1.67B$1.67B invested
  • 2. JPMorgan Chase & Co
    1.01%1.01% of portfolio
    $1.46B$1.46B invested
  • 3. NatWest Group PLC
    0.87%0.87% of portfolio
    $1.25B$1.25B invested
  • 4. Bank of America Corp
    0.27%0.27% of portfolio
    $389.9M$389.9M invested
  • 5. Banco Bilbao Vizcaya Argentaria SA
    0.21%0.21% of portfolio
    $297.58M$297.58M invested
View next 4
Major consumer brands
Major consumer brands
16 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
16 HOLDINGS
  • % of portfolio
    $ invested
  • 1. CVS Health Corp
    Palm oil major consumer brand
    1.22%1.22% of portfolio
    $1.77B$1.77B invested
    Palm oil major consumer brand
  • 2. Starbucks Corp
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.1%1.1% of portfolio
    $1.59B$1.59B invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.79%0.79% of portfolio
    $1.15B$1.15B invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Home Depot Inc/The
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.73%0.73% of portfolio
    $1.05B$1.05B invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 5. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.61%0.61% of portfolio
    $881.23M$881.23M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 31 Jan 2026





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