American Funds The New Economy Fund® Class 529-F
CNGFX
NASDAQ
| Weiss Ratings | CNGFX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | CNGFX-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 | CNGFX-NASDAQ | Click to Compare |
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| Fund Name | American Funds The New Economy Fund® Class 529-F | |||
| Category | Global Large-Stock Growth | |||
| Sub-Category | Global Equity Large Cap | |||
| Prospectus Objective | Growth | |||
| Inception Date | Oct 11, 2002 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 250.00 | |||
| Minimum Subsequent Investment | 50.00 | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | CNGFX-NASDAQ | Click to Compare |
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| Dividend Yield | 0.00% | |||
| Dividend | CNGFX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | 0.69% | |||
| Asset Allocation | CNGFX-NASDAQ | Click to Compare |
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| Cash | 2.57% | |||
| Stock | 95.97% | |||
| U.S. Stock | 68.08% | |||
| Non-U.S. Stock | 27.89% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.87% | |||
| Convertible | 0.00% | |||
| Other Net | 0.58% | |||
| Price History | CNGFX-NASDAQ | Click to Compare |
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| 7-Day Total Return | -1.47% | |||
| 30-Day Total Return | -6.43% | |||
| 60-Day Total Return | -7.11% | |||
| 90-Day Total Return | -3.74% | |||
| Year to Date Total Return | -3.74% | |||
| 1-Year Total Return | 32.21% | |||
| 2-Year Total Return | 41.90% | |||
| 3-Year Total Return | 83.77% | |||
| 5-Year Total Return | 55.65% | |||
| Price | CNGFX-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 | CNGFX-NASDAQ | Click to Compare |
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| Nav | $68.92 | |||
| 1-Month Low NAV | $65.54 | |||
| 1-Month High NAV | $73.66 | |||
| 52-Week Low NAV | $50.88 | |||
| 52-Week Low NAV (Date) | Apr 08, 2025 | |||
| 52-Week High NAV | $79.10 | |||
| 52-Week High Price (Date) | Dec 10, 2025 | |||
| Beta / Standard Deviation | CNGFX-NASDAQ | Click to Compare |
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| Beta | 1.13 | |||
| Standard Deviation | 13.20 | |||
| Balance Sheet | CNGFX-NASDAQ | Click to Compare |
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| Total Assets | 45.02B | |||
| Operating Ratios | CNGFX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.83% | |||
| Turnover Ratio | 36.00% | |||
| Performance | CNGFX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 18.58% | |||
| Last Bear Market Total Return | -19.50% | |||