American Funds The New Economy Fund® Class 529-A
CNGAX
NASDAQ
| Weiss Ratings | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Capital Group | |||
| Manager/Tenure (Years) | Mathews Cherian (7), Richmond Wolf (7), Tomoko Fortune (7), 3 others | |||
| Website | http://capitalgroup.com | |||
| Fund Information | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | American Funds The New Economy Fund® Class 529-A | |||
| Category | Global Large-Stock Growth | |||
| Sub-Category | Global Equity Large Cap | |||
| Prospectus Objective | Growth | |||
| Inception Date | Feb 15, 2002 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 250.00 | |||
| Minimum Subsequent Investment | 50.00 | |||
| Front End Fee | 0.04 | |||
| Back End Fee | -- | |||
| Dividends and Shares | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 0.00% | |||
| Dividend | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 0.72% | |||
| Asset Allocation | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 3.47% | |||
| Stock | 92.71% | |||
| U.S. Stock | 63.54% | |||
| Non-U.S. Stock | 29.17% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.42% | |||
| Convertible | 0.01% | |||
| Other Net | 3.40% | |||
| Price History | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | -0.55% | |||
| 30-Day Total Return | -1.77% | |||
| 60-Day Total Return | -2.55% | |||
| 90-Day Total Return | 1.75% | |||
| Year to Date Total Return | 16.08% | |||
| 1-Year Total Return | 17.29% | |||
| 2-Year Total Return | 52.07% | |||
| 3-Year Total Return | 120.58% | |||
| 5-Year Total Return | 66.83% | |||
| Price | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $82.23 | |||
| 1-Month Low NAV | $80.69 | |||
| 1-Month High NAV | $86.13 | |||
| 52-Week Low NAV | $65.25 | |||
| 52-Week Low NAV (Date) | Mar 30, 2026 | |||
| 52-Week High NAV | $88.41 | |||
| 52-Week High Price (Date) | Jun 22, 2026 | |||
| Beta / Standard Deviation | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 1.32 | |||
| Standard Deviation | 17.54 | |||
| Balance Sheet | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 49.68B | |||
| Operating Ratios | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 0.75% | |||
| Turnover Ratio | 36.00% | |||
| Performance | CNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 42.21% | |||
| Last Bear Market Total Return | -19.54% | |||