American Funds The New Economy Fund® Class R-1
RNGAX
NASDAQ
| Weiss Ratings | RNGAX-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 | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Capital Group | |||
| Manager/Tenure (Years) | Mathews Cherian (7), Richmond Wolf (7), Tomoko Fortune (6), 3 others | |||
| Website | http://capitalgroup.com | |||
| Fund Information | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | American Funds The New Economy Fund® Class R-1 | |||
| Category | Global Large-Stock Growth | |||
| Sub-Category | Global Equity Large Cap | |||
| Prospectus Objective | Growth | |||
| Inception Date | Jun 21, 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 | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 0.00% | |||
| Dividend | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 0.82% | |||
| Asset Allocation | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 8.54% | |||
| Stock | 88.59% | |||
| U.S. Stock | 59.43% | |||
| Non-U.S. Stock | 29.16% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 1.91% | |||
| Convertible | 0.01% | |||
| Other Net | 0.96% | |||
| Price History | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 2.12% | |||
| 30-Day Total Return | 15.60% | |||
| 60-Day Total Return | 10.31% | |||
| 90-Day Total Return | 8.32% | |||
| Year to Date Total Return | 10.73% | |||
| 1-Year Total Return | 47.82% | |||
| 2-Year Total Return | 64.70% | |||
| 3-Year Total Return | 106.62% | |||
| 5-Year Total Return | 70.47% | |||
| Price | RNGAX-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 | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $66.76 | |||
| 1-Month Low NAV | $58.05 | |||
| 1-Month High NAV | $66.76 | |||
| 52-Week Low NAV | $50.19 | |||
| 52-Week Low NAV (Date) | May 06, 2025 | |||
| 52-Week High NAV | $67.81 | |||
| 52-Week High Price (Date) | Dec 10, 2025 | |||
| Beta / Standard Deviation | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 1.21 | |||
| Standard Deviation | 16.52 | |||
| Balance Sheet | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 46.53B | |||
| Operating Ratios | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 1.49% | |||
| Turnover Ratio | 36.00% | |||
| Performance | RNGAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 41.35% | |||
| Last Bear Market Total Return | -19.66% | |||