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The New Economy Fund, Class 529-c Shares: (MF: CNGCX)

(NASDAQ Mutual Funds) As of Jun 5, 2025 08:00 PM ET

$52.74 USD

+0.05 (0.10%)

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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3-Hold of 5     3    

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Zacks Premium Research for CNGCX

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

Hold 3
MF Report

Fund Description

NA

Load Information

Ticker Max
Load %		 Deferred
Load %		 Red.
Fee %		 12B-1
Fee %		 Mgmt
Fee %		 Expense
Ratio %
American Funds New Economy 529C CNGCX NA NA 1.00 0.98 0.37 1.54

Return Data

Ticker Nav Inception Date % yield 1 year return 2 year return 3 year return
American Funds New Economy A ANEFX 59.06 12/1/1983 0.00 11.24 12.02 11.31
American Funds New Economy C ANFCX 48.28 3/15/2001 0.00 10.42 11.19 10.48
American Funds New Economy F ANFFX 59.81 12/1/1983 0.00 11.18 11.98 11.26
American Funds New Economy 529A CNGAX 58.64 12/1/1983 0.00 11.22 11.99 11.28
American Funds New Economy 529C CNGCX 52.74 12/1/1983 0.00 10.38 11.13 10.43
American Funds New Economy 529E CNGEX 56.17 12/1/1983 0.00 10.94 11.73 11.01
American Funds New Economy 529F CNGFX 58.79 12/1/1983 0.00 11.39 12.18 11.48
American Funds New Economy R5 RNGFX 60.74 11/1/2002 0.08 11.56 12.36 11.64
American Funds New Economy R4 RNGEX 58.99 12/1/1983 0.00 11.24 12.02 11.30
American Funds New Economy R3 RNGCX 56.79 12/1/1983 0.00 10.90 11.69 10.97
American Funds New Economy R2 RNGBX 51.12 12/1/1983 0.00 10.40 11.19 10.48
American Funds New Economy R1 RNGAX 50.72 12/1/1983 0.00 10.41 11.20 10.48
American Funds New Economy F2 NEFFX 60.02 8/1/2008 0.04 11.50 12.29 11.58
American Funds New Economy R6 RNGGX 60.43 5/1/2009 0.13 11.62 12.41 11.69

Investment Information

Ticker Minimum Initial Investment ($) Minimum Subsequent Investment ($) Minimum Initial IRA ($) Dividend Frequency
American Funds New Economy 529C CNGCX 250 50 25 A

Contact Information

Family American Funds
Address 333 S Hope St
Los Angeles, CA 90071
Phone 800 421-4225