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American Funds - The New Economy Fund Class R-2 Shares: (MF: RNGBX)

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

$54.94 USD

+0.05 (0.09%)

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    

View All Zacks Mutual Fund Rank #1's

Latest Performance as of Apr 30, 2025

Total Return %* Percentile Rank Objective
YTD -5.13 92
3 months -9.65 95
6 months -2.90 81
1 Year 10.40 38
3 Year 11.19 17
5 Year 10.48 61
10 Year 9.32 18

* Annual for three years and beyond.

Bull Market (9/02 - 10/07) 152.31
Bear Market (10/07 - 2/09) -52.51
Bull Market (2/09 - 3/21) 775.73

Load Adjusted Returns as of Apr 30, 2025

1 Year 4.13
5 Year 12.73
10 Year 9.31
Since Inception 10.26

Quarterly Return

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.
2025 -6.07 NA NA NA
2024 10.72 4.55 4.30 1.65
2023 9.80 6.94 -3.62 13.22
2022 -14.22 -19.67 -3.70 5.18
2021 0.46 7.58 -0.68 3.46
2020 -16.71 25.02 9.52 16.12

Annual Return

20252024202320222021202020192018201720162015
% Total Return -5.1322.7428.13-30.2111.0732.4425.47-4.9533.311.442.98
% Total Return Rel to Index -4.373.513.71-11.11-7.0918.360.275.4613.19-3.885.74
% Total Return Rel to Peer -5.7410.369.49-10.64-5.1315.770.735.0711.08-4.125.25
% Perf Quintile vs Peer* 0.000.001.005.005.002.004.001.001.005.001.00
% Dividends 0.000.000.000.000.000.000.000.000.000.000.00
% Yield 0.000.000.000.000.000.000.000.000.000.000.00
Capital Gains ($) 0.005.862.000.004.671.463.203.653.610.712.06
Expense Ratio 0.001.491.501.531.501.511.551.551.561.591.55

* 1 = Top 20%, 5 = Bottom 20%