American Funds The New Economy Fund® Class 529-A
CNGAX
NASDAQ
| Weiss Ratings | CNGAX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | CNGAX-NASDAQ | Click to Compare |
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| Provider | Capital Group | |||
| Manager/Tenure (Years) | Mathews Cherian (7), Richmond Wolf (7), Tomoko Fortune (6), 3 others | |||
| Website | http://capitalgroup.com | |||
| Fund Information | CNGAX-NASDAQ | Click to Compare |
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| 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 |
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| Dividend Yield | 0.00% | |||
| Dividend | CNGAX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | 0.82% | |||
| Asset Allocation | CNGAX-NASDAQ | Click to Compare |
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| Cash | 8.54% | |||
| Stock | 88.50% | |||
| U.S. Stock | 59.34% | |||
| Non-U.S. Stock | 29.16% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 1.18% | |||
| Convertible | 0.01% | |||
| Other Net | 1.77% | |||
| Price History | CNGAX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 4.21% | |||
| 30-Day Total Return | 13.01% | |||
| 60-Day Total Return | 30.66% | |||
| 90-Day Total Return | 17.54% | |||
| Year to Date Total Return | 21.30% | |||
| 1-Year Total Return | 54.83% | |||
| 2-Year Total Return | 76.57% | |||
| 3-Year Total Return | 123.02% | |||
| 5-Year Total Return | 90.19% | |||
| Price | CNGAX-NASDAQ | Click to Compare |
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| 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 |
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| Nav | $86.50 | |||
| 1-Month Low NAV | $76.57 | |||
| 1-Month High NAV | $86.50 | |||
| 52-Week Low NAV | $61.68 | |||
| 52-Week Low NAV (Date) | May 30, 2025 | |||
| 52-Week High NAV | $86.50 | |||
| 52-Week High Price (Date) | May 28, 2026 | |||
| Beta / Standard Deviation | CNGAX-NASDAQ | Click to Compare |
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| Beta | 1.21 | |||
| Standard Deviation | 16.52 | |||
| Balance Sheet | CNGAX-NASDAQ | Click to Compare |
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| Total Assets | 46.53B | |||
| Operating Ratios | CNGAX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.75% | |||
| Turnover Ratio | 36.00% | |||
| Performance | CNGAX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 42.21% | |||
| Last Bear Market Total Return | -19.54% | |||