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Form NSAR-B AMERICAN FUNDS INCOME For: Aug 31

October 28, 2016 2:23 PM EDT
      PAGE  1
000 B000000 08/31/2016
000 C000000 0000770161
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 THE AMERICAN FUNDS INCOME SERIES
001 B000000 811-04318
001 C000000 2134869200
002 A000000 333 SOUTH HOPE STREET
002 B000000 LOS ANGELES
002 C000000 CA
002 D010000 90071
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
008 A000001 CAPITAL RESEARCH AND MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-8055
008 D010001 LOS ANGELES
008 D020001 CA
008 D030001 90071
011 A000001 AMERICAN FUNDS DISTRIBUTORS, INC.
011 B000001 8-17168
011 C010001 LOS ANGELES
011 C020001 CA
011 C030001 90071
012 A000001 AMERICAN FUNDS SERVICE COMPANY
012 B000001 84-00316
012 C010001 IRVINE
012 C020001 CA
012 C030001 92618
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 COSTA MESA
013 B020001 CA
013 B030001 92626
015 A000001 JPMORGAN CHASE BANK, N.A.
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10017
015 E010001 X
018  000000 Y
019 A000000 Y
      PAGE  2
019 B000000   95
019 C000000 CRMCFNDGRP
021  000000        0
022 A000001 CITIGROUP GLOBAL MARKETS INC.
022 B000001 11-2418191
022 C000001  10052310
022 D000001   9950581
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002  10671510
022 D000002   6120771
022 A000003 GENERAL ELECTRIC CAPITAL CORP.
022 B000003 13-1500700
022 C000003  16589921
022 D000003         0
022 A000004 CREDIT SUISSE GROUP AG
022 C000004   7132534
022 D000004   7746201
022 A000005 MORGAN STANLEY & CO. LLC
022 B000005 13-2655998
022 C000005   5165561
022 D000005   5851776
022 A000006 J.P. MORGAN SECURITIES LLC
022 B000006 13-3299429
022 C000006   4946873
022 D000006   6031430
022 A000007 BARCLAYS BANK PLC
022 C000007   3829337
022 D000007   4256287
022 A000008 WELLS FARGO SECURITIES, LLC
022 B000008 56-2326000
022 C000008   4354770
022 D000008   3591228
022 A000009 RBC CAPITAL MARKETS LLC
022 C000009   3186217
022 D000009   2590802
022 A000010 NOMURA/INSTINET GROUP
022 C000010   1913131
022 D000010   3078338
023 C000000   79881598
023 D000000   58703174
024  000000 N
025 D000001       0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
      PAGE  3
026 H000000 N
027  000000 Y
028 A010000    305950
028 A020000      6524
028 A030000         0
028 A040000    115972
028 B010000    290938
028 B020000      6536
028 B030000         0
028 B040000    106431
028 C010000    276293
028 C020000      9481
028 C030000         0
028 C040000     82036
028 D010000    347930
028 D020000     13488
028 D030000         0
028 D040000    212594
028 E010000    287431
028 E020000     12851
028 E030000         0
028 E040000    117715
028 F010000    266908
028 F020000     11066
028 F030000         0
028 F040000    130625
028 G010000   1775450
028 G020000     59946
028 G030000         0
028 G040000    765373
028 H000000    126010
029  000000 Y
030 A000000   6817
030 B000000  3.75
030 C000000  0.00
031 A000000   1413
031 B000000      0
032  000000   5404
033  000000      0
034  000000 Y
035  000000     81
036 A000000 N
036 B000000     32
037  000000 N
038  000000      0
039  000000 N
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000   0
      PAGE  4
042 D000000 100
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000  13741
044  000000      0
045  000000 Y
046  000000 N
047  000000 N
048  000000  0.000
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 Y
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
      PAGE  5
054 N000000 N
054 O000000 Y
055 A000000 Y
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000      250
062 A000000 Y
062 B000000   5.9
062 C000000   0.7
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.8
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000  65.9
062 N000000   5.4
062 O000000   0.0
062 P000000   0.0
062 Q000000  25.0
062 R000000   0.0
063 A000000   0
063 B000000  6.0
064 A000000 Y
064 B000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 Y
070 F020000 N
070 G010000 Y
      PAGE  6
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000  52600157
071 B000000  50783353
071 C000000   7325259
071 D000000  693
072 A000000 12
072 B000000   123405
072 C000000        0
072 D000000        0
072 E000000        0
072 F000000    15693
072 G000000        0
072 H000000        0
072 I000000     9398
072 J000000       19
072 K000000        0
072 L000000      326
072 M000000       64
072 N000000      486
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000      114
072 S000000        4
072 T000000    13741
072 U000000        0
072 V000000        0
072 W000000      263
072 X000000    40108
      PAGE  7
072 Y000000        0
072 Z000000    83297
072AA000000   152129
072BB000000        0
072CC010000        0
072CC020000    20539
072DD010000    42878
072DD020000    61798
072EE000000   108881
073 A010000   0.0000
073 A020000   0.0000
073 B000000   0.2100
073 C000000   0.0000
074 A000000     5865
074 B000000        0
074 C000000   631489
074 D000000  8253763
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000  1461120
074 K000000        0
074 L000000    37742
074 M000000       22
074 N000000 10390001
074 O000000  1801846
074 P000000     4342
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000    14224
074 S000000        0
074 T000000  8569589
074 U010000   273641
074 U020000   334247
074 V010000     0.00
074 V020000     0.00
074 W000000   0.0000
074 X000000   286165
074 Y000000  4699657
075 A000000        0
075 B000000  7638161
076  000000     0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
      PAGE  8
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000   100000
081 A000000 Y
081 B000000 107
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
SIGNATURE   STEVEN I. KOSZALKA
TITLE       SECRETARY
 

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Board of Trustees of
The American Funds Income Series – U.S. Government Securities Fund:

 

In planning and performing our audit of the financial statements of The American Funds Income Series – U.S. Government Securities Fund (the “Fund”) as of and for the year ended August 31, 2016, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and Trustees of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of August 31, 2016.

This report is intended solely for the information and use of management and the Board of Trustees of The American Funds Income Series – U.S. Government Securities Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

 

DELOITTE & TOUCHE LLP

Costa Mesa, California

October 12, 2016

The American Funds Income Series  
August 31, 2016  
Because the electronic format for filing Form N-SAR does not provide adequate space for responding to
Items 72DD1 and 72DD2, 73A1 and 73A2, 74U1 and74U2, and 74V1 and 74V2,
complete answers are as follows:
 
Item 72DD1 and 72DD2  
Total income dividends for which record date passed during the period  
Share Class Total Income Dividends (000's omitted)
Class A $35,728
Class B $92
Class C $1,481
Class F-1 $2,608
Class F-2 $2,969
Total $42,878
Class 529-A $1,613
Class 529-B $6
Class 529-C $266
Class 529-E $87
Class 529-F-1 $169
Class R-1 $59
Class R-2 $749
Class R-2E $7
Class R-3 $1,403
Class R-4 $2,223
Class R-5 $1,795
Class R-5E* $-
Class R-6 $53,421
Total $61,798
Item 73 A1 and 73A2  
Distributions per share for which record date passed during the period  
Share Class Dividends from Net Investment Income
Class A $0.1768
Class B $0.0764
Class C $0.0726
Class F-1 $0.1760
Class F-2 $0.2129
Class 529-A $0.1657
Class 529-B $0.0647
Class 529-C $0.0672
Class 529-E $0.1333
Class 529-F-1 $0.1973
Class R-1 $0.0751
Class R-2 $0.0780
Class R-2E $0.1413
Class R-3 $0.1328
Class R-4 $0.1787
Class R-5 $0.2197
Class R-5E $0.1463
Class R-6 $0.2280
Item 74U1 and 74U2  
Number of shares outstanding  
Share Class Shares Outstanding (000's omitted)
Class A 214,843
Class B 814
Class C 21,664
Class F-1 17,441
Class F-2 18,879
Total 273,641
Class 529-A 10,045
Class 529-B 70
Class 529-C 3,930
Class 529-E 673
Class 529-F-1 909
Class R-1 766
Class R-2 9,445
Class R-2E 122
Class R-3 11,006
Class R-4 19,496
Class R-5 4,241
Class R-5E 1
Class R-6 273,543
Total 334,247
Item 74V1 and 74V2  
Net asset value per share (to nearest cent)  
Share Class Net Asset Value
Per Share
Class A $14.10
Class B $14.08
Class C $14.07
Class F-1 $14.10
Class F-2 $14.10
Class 529-A $14.10
Class 529-B $14.06
Class 529-C $14.06
Class 529-E $14.10
Class 529-F-1 $14.10
Class R-1 $14.08
Class R-2 $14.07
Class R-2E $14.10
Class R-3 $14.10
Class R-4 $14.10
Class R-5 $14.10
Class R-5E $14.10
Class R-6 $14.10
* Amount less than one thousand  



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