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American Funds - The New Economy Fund Class R-1 Shares: (MF: RNGAX)
(NASDAQ Mutual Funds) As of Dec 17, 2025 05:32 PM ET
$57.37 USD
-0.84 (-1.44%)
Zacks MF Rank
2-Buy of 5 2
Latest Performance as of Nov 30, 2025
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | 27.68 | 7 |
| 3 months | 12.02 | 1 |
| 6 months | 24.83 | 2 |
| 1 Year | 25.97 | 5 |
| 3 Year | 24.21 | 3 |
| 5 Year | 10.46 | 36 |
| 10 Year | 12.53 | 10 |
* Annual for three years and beyond.
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Portfolio Statistics
| % Unrealized Gain | 42.30 |
| % Yield | 0.00 |
| % SEC Yield | NA |
| Net Assets (Mil $) 11/30/2025 | 24.74 |
| % Turnover 11/30/2025 | 32.00 |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | 1.05 | 1.00 | 0.98 |
| Alpha | 2.54 | -3.89 | -1.40 |
| R Squared | 0.88 | 0.83 | 0.85 |
| Std. Dev. | 14.24 | 16.50 | 16.11 |
| Sharpe | 1.39 | 0.52 | 2.00 |
Sector / Country Weightings
| As of 11/30/2025 | % of Portfolio |
|---|---|
| United States | 73.13 |
| Taiwan | 5.26 |
| Korea, South | 3.13 |
| Netherlands | 2.90 |
| United Kingdom | 2.84 |
| Japan | 2.29 |
| Argentina | 2.09 |
| Canada | 1.44 |
| Germany | 1.40 |
| Cayman Islands | 0.97 |
Portfolio Holdings
| Top Equity Holdings (As of 8/31/2025) |
% of Portfolio | Value (Mil$) |
|---|---|---|
| BROADCOM INC | 6.28 | 2,502.12 |
| MICROSOFT CORP | 5.49 | 2,189.38 |
| NVIDIA CORP | 4.69 | 1,867.96 |
| TOTAL*SHORT TERM INVESTME | 4.56 | 1,819.06 |
| AMAZON.COM INC | 4.01 | 1,596.77 |
| SK HYNIX INC | 3.13 | 1,248.09 |
| TAIWAN SEMICONDUCTOR MANU | 2.81 | 1,118.84 |
| MICRON TECHNOLOGY INC | 2.67 | 1,063.60 |
| META PLATFORMS INC | 2.49 | 993.08 |
Stock Holding % of Net Assets
| As Of | 8/31/2025 |
| Total Issues | NA |
| Avg. P/E | 30.90 |
| Avg. P/Book | 4.45 |
| Avg. EPS Growth | 16.55 |
| Avg. Market Value (Mil $) | 600,758 |
Composition
| % of Portfolio | |
| Stocks | 69.80 |
| Foreign Stocks | 27.30 |
| Cash | 0.00 |
| Bonds | 0.00 |
| Foreign Bonds | 0.00 |
| Preferred | 0.00 |
| Convertible | 0.00 |
| Other | 30.20 |
| Foreign Hedged | 0.00 |
Style Analysis
| % of Portfolio | |
| Large Growth | 44.55 |
| Large Value | 0.00 |
| Small Growth | 7.00 |
| Small Value | 0.00 |
| Foreign Stock | 10.17 |
| Emerging Market | 18.21 |
| Precious Metal | 0.00 |
| Intermediate Bond | 12.85 |
| Foreign Bond | 0.00 |
| High Yield Bond | 0.00 |