American Funds The New Economy Fund® Class R-4
RNGEX
NASDAQ
| Weiss Ratings | RNGEX-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 | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | American Funds | |||
| Manager/Tenure (Years) | Harold H. La (19), Caroline Jones (7), Reed Lowenstein (6), 5 others | |||
| Website | http://www.americanfunds.com | |||
| Fund Information | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | American Funds The New Economy Fund® Class R-4 | |||
| Category | Global Large-Stock Growth | |||
| Sub-Category | Global Equity Large Cap | |||
| Prospectus Objective | Growth | |||
| Inception Date | Jul 25, 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 | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 0.00% | |||
| Dividend | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 0.83% | |||
| Asset Allocation | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 3.13% | |||
| Stock | 95.89% | |||
| U.S. Stock | 73.40% | |||
| Non-U.S. Stock | 22.49% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.43% | |||
| Convertible | 0.02% | |||
| Other Net | 0.52% | |||
| Price History | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 1.35% | |||
| 30-Day Total Return | -9.21% | |||
| 60-Day Total Return | -6.50% | |||
| 90-Day Total Return | -4.32% | |||
| Year to Date Total Return | -3.46% | |||
| 1-Year Total Return | 9.54% | |||
| 2-Year Total Return | 46.08% | |||
| 3-Year Total Return | 26.27% | |||
| 5-Year Total Return | 111.55% | |||
| Price | RNGEX-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 | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $58.22 | |||
| 1-Month Low NAV | $57.17 | |||
| 1-Month High NAV | $64.18 | |||
| 52-Week Low NAV | $55.45 | |||
| 52-Week Low NAV (Date) | Apr 19, 2024 | |||
| 52-Week High NAV | $69.35 | |||
| 52-Week High Price (Date) | Dec 16, 2024 | |||
| Beta / Standard Deviation | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 0.99 | |||
| Standard Deviation | 16.86 | |||
| Balance Sheet | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 36.08B | |||
| Operating Ratios | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 0.76% | |||
| Turnover Ratio | 36.00% | |||
| Performance | RNGEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 18.49% | |||
| Last Bear Market Total Return | -19.52% | |||
