American Funds New Economy Fund A: (MF: ANEFX)
(NASDAQ Mutual Funds) As of Apr 24, 2025 08:00 PM ET
$57.02 USD
+1.14 (2.04%)
Fund Description
The New Economy Fund, Class A was incepted in December 1983 and is managed by Capital Research and Management Company. The objective of the fund is to seek long-term growth of capital through investments in services and information industries in the United States and around the world. The fund invests primarily in securities of companies whose prospects are tied to the services and information area of the global economy. This includes telecommunications, computer systems and software, broadcasting and publishing, health care, advertising, leisure, tourism, financial services and transportation, among others. The fund invests in common and preferred stocks, securities convertible into common stocks, and cash and equivalents. The fund may invest up to 40% of assets in non-U.S. securities. The fund offers dividends in December. Capital gains, if any, are usually distributed in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| American Funds New Economy A | ANEFX | 5.75 | NA | 0.00 | 0.24 | 0.37 | 0.75 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| American Funds New Economy A | ANEFX | 57.02 | 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 | 46.03 | 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 A | ANEFX | 250 | 50 | 25 | A |
Contact Information
| Family | American Funds |
| Address | 333 S Hope St Los Angeles, CA 90071 |
| Phone | 800 421-4225 |