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American Funds - The New Economy Fund Class R-1 Shares: (MF: RNGAX)
(NASDAQ Mutual Funds) As of May 2, 2025 08:00 PM ET
$50.82 USD
+1.11 (2.23%)
Zacks MF Rank
3-Hold of 5 3
Latest Performance as of Mar 31, 2025
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | -6.08 | 88 |
| 3 months | -6.08 | 88 |
| 6 months | -4.51 | 68 |
| 1 Year | 4.12 | 54 |
| 3 Year | 6.32 | 36 |
| 5 Year | 12.74 | 57 |
| 10 Year | 9.31 | 18 |
* Annual for three years and beyond.
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Portfolio Statistics
| % Unrealized Gain | 40.60 |
| % Yield | 0.00 |
| % SEC Yield | NA |
| Net Assets (Mil $) 3/31/2025 | 26.43 |
| % Turnover 3/31/2025 | 36.00 |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | 0.97 | 0.97 | 0.96 |
| Alpha | -2.29 | -4.33 | -2.37 |
| R Squared | 0.92 | 0.87 | 0.86 |
| Std. Dev. | 17.31 | 17.61 | 16.10 |
| Sharpe | 0.20 | 0.66 | 3.00 |
Sector / Country Weightings
| As of 3/31/2025 | % of Portfolio |
|---|---|
| United States | 76.06 |
| Taiwan | 4.72 |
| Netherlands | 2.65 |
| Argentina | 2.21 |
| United Kingdom | 2.05 |
| Korea, South | 1.87 |
| Japan | 1.59 |
| Denmark | 1.38 |
| Canada | 1.07 |
| Cayman Islands | 1.05 |
Portfolio Holdings
| Top Equity Holdings (As of 11/30/2024) |
% of Portfolio | Value (Mil$) |
|---|---|---|
| BROADCOM INC | 5.02 | 1,842.53 |
| MICROSOFT CORP | 4.83 | 1,773.72 |
| AMAZON.COM INC | 4.42 | 1,621.52 |
| TOTAL*SHORT TERM INVESTME | 3.89 | 1,426.63 |
| META PLATFORMS INC | 3.13 | 1,147.29 |
| NVIDIA CORP | 3.07 | 1,128.64 |
| TAIWAN SEMICONDUCTOR MANU | 2.32 | 851.58 |
| MERCADOLIBRE INC | 2.21 | 812.87 |
| ELI LILLY & CO | 2.06 | 755.06 |
Stock Holding % of Net Assets
| As Of | 11/30/2024 |
| Total Issues | NA |
| Avg. P/E | 30.66 |
| Avg. P/Book | 4.43 |
| Avg. EPS Growth | 15.5 |
| Avg. Market Value (Mil $) | 460,639 |
Composition
| % of Portfolio | |
| Stocks | 75.80 |
| Foreign Stocks | 21.00 |
| Cash | 3.10 |
| Bonds | 0.00 |
| Foreign Bonds | 0.00 |
| Preferred | 0.00 |
| Convertible | 0.00 |
| Other | 21.10 |
| Foreign Hedged | 0.00 |
Style Analysis
| % of Portfolio | |
| Large Growth | 45.01 |
| Large Value | 0.00 |
| Small Growth | 23.50 |
| Small Value | 0.00 |
| Foreign Stock | 15.38 |
| Emerging Market | 0.00 |
| Precious Metal | 0.00 |
| Intermediate Bond | 0.00 |
| Foreign Bond | 0.00 |
| High Yield Bond | 10.94 |