American Funds The New Economy Fund® Class R-2E
RNNEX
NASDAQ
| Weiss Ratings | RNNEX-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 | RNNEX-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 | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | American Funds The New Economy Fund® Class R-2E | |||
| Category | Global Large-Stock Growth | |||
| Sub-Category | Global Equity Large Cap | |||
| Prospectus Objective | Growth | |||
| Inception Date | Aug 29, 2014 | |||
| 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 | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 0.00% | |||
| Dividend | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 0.69% | |||
| Asset Allocation | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 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 | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 1.29% | |||
| 30-Day Total Return | 4.29% | |||
| 60-Day Total Return | 6.94% | |||
| 90-Day Total Return | 7.08% | |||
| Year to Date Total Return | 4.93% | |||
| 1-Year Total Return | 29.83% | |||
| 2-Year Total Return | 63.50% | |||
| 3-Year Total Return | 102.96% | |||
| 5-Year Total Return | 70.09% | |||
| Price | RNNEX-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 | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $71.81 | |||
| 1-Month Low NAV | $68.43 | |||
| 1-Month High NAV | $72.24 | |||
| 52-Week Low NAV | $49.06 | |||
| 52-Week Low NAV (Date) | Apr 08, 2025 | |||
| 52-Week High NAV | $75.95 | |||
| 52-Week High Price (Date) | Dec 10, 2025 | |||
| Beta / Standard Deviation | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 1.11 | |||
| Standard Deviation | 13.72 | |||
| Balance Sheet | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 43.76B | |||
| Operating Ratios | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 1.21% | |||
| Turnover Ratio | 36.00% | |||
| Performance | RNNEX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 18.17% | |||
| Last Bear Market Total Return | -19.62% | |||