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

(NASDAQ Mutual Funds) As of May 2, 2025 08:00 PM ET

$49.22 USD

+1.08 (2.24%)

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 55.64 12/1/1983 0.00 4.91 7.10 13.58
American Funds New Economy C ANFCX 45.03 3/15/2001 0.00 4.11 6.30 12.74
American Funds New Economy F ANFFX 55.82 12/1/1983 0.00 4.86 7.07 13.54
American Funds New Economy R4 RNGEX 55.15 12/1/1983 0.00 4.90 7.11 13.58
American Funds New Economy R3 RNGCX 53.00 12/1/1983 0.00 4.57 6.78 13.24
American Funds New Economy R2 RNGBX 46.86 12/1/1983 0.00 4.13 6.32 12.74
American Funds New Economy R1 RNGAX 47.53 12/1/1983 0.00 4.12 6.32 12.74
American Funds New Economy 529A CNGAX 54.98 12/1/1983 0.00 4.88 7.07 13.56
American Funds New Economy 529C CNGCX 49.22 12/1/1983 0.00 4.08 6.26 12.69
American Funds New Economy 529E CNGEX 53.17 12/1/1983 0.00 4.63 6.82 13.28
American Funds New Economy 529F CNGFX 54.85 12/1/1983 0.00 5.05 7.26 13.77
American Funds New Economy R5 RNGFX 56.51 11/1/2002 0.08 5.22 7.43 13.93
American Funds New Economy F2 NEFFX 56.11 8/1/2008 0.04 5.15 7.36 13.86
American Funds New Economy R6 RNGGX 56.49 5/1/2009 0.13 5.26 7.48 13.98

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