American Funds The New Economy Fund® Class R-2
RNGBX
NASDAQ
| Weiss Ratings | RNGBX-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 | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Capital Group | |||
| Manager/Tenure (Years) | Harold H. La (19), Caroline Jones (7), Reed Lowenstein (7), 5 others | |||
| Website | http://capitalgroup.com | |||
| Fund Information | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | American Funds The New Economy Fund® Class R-2 | |||
| Category | Global Large-Stock Growth | |||
| Sub-Category | Global Equity Large Cap | |||
| Prospectus Objective | Growth | |||
| Inception Date | May 31, 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 | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 0.00% | |||
| Dividend | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 0.78% | |||
| Asset Allocation | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 5.72% | |||
| Stock | 93.14% | |||
| U.S. Stock | 67.48% | |||
| Non-U.S. Stock | 25.66% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.54% | |||
| Convertible | 0.01% | |||
| Other Net | 0.59% | |||
| Price History | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 0.86% | |||
| 30-Day Total Return | 6.72% | |||
| 60-Day Total Return | 11.02% | |||
| 90-Day Total Return | 9.61% | |||
| Year to Date Total Return | 21.65% | |||
| 1-Year Total Return | 24.78% | |||
| 2-Year Total Return | 69.07% | |||
| 3-Year Total Return | 101.25% | |||
| 5-Year Total Return | 72.55% | |||
| Price | RNGBX-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 | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $63.93 | |||
| 1-Month Low NAV | $59.45 | |||
| 1-Month High NAV | $64.12 | |||
| 52-Week Low NAV | $44.28 | |||
| 52-Week Low NAV (Date) | Apr 08, 2025 | |||
| 52-Week High NAV | $64.12 | |||
| 52-Week High Price (Date) | Sep 22, 2025 | |||
| Beta / Standard Deviation | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 1.05 | |||
| Standard Deviation | 14.23 | |||
| Balance Sheet | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 41.71B | |||
| Operating Ratios | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 1.50% | |||
| Turnover Ratio | 36.00% | |||
| Performance | RNGBX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 17.95% | |||
| Last Bear Market Total Return | -19.67% | |||