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American Funds - The New Economy Fund Class R-1 Shares: (MF: RNGAX)
(NASDAQ Mutual Funds) As of Jul 19, 2024 08:00 PM ET
$53.93 USD
-0.31 (-0.57%)
Zacks MF Rank
2-Buy of 5 2
Latest Performance as of Jun 30, 2024
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | 15.74 | 11 |
| 3 months | 4.55 | 5 |
| 6 months | 15.74 | 11 |
| 1 Year | 26.30 | 8 |
| 3 Year | 2.09 | 60 |
| 5 Year | 10.46 | 31 |
| 10 Year | 9.72 | 14 |
* Annual for three years and beyond.
| Bull Market (9/02 - 10/07) | 151.97 |
| Bear Market (10/07 - 2/09) | -52.42 |
| Bull Market (2/09 - 3/21) | 688.03 |
Load Adjusted Returns as of Jun 30, 2024
| 1 Year | 26.30 |
| 5 Year | 10.46 |
| 10 Year | 9.71 |
| Since Inception | 10.46 |
Quarterly Return
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | |
|---|---|---|---|---|
| 2024 | 10.70 | 4.55 | NA | NA |
| 2023 | 9.79 | 6.94 | -3.62 | 13.23 |
| 2022 | -14.20 | -19.66 | -3.70 | 5.19 |
| 2021 | 0.48 | 7.57 | -0.69 | 3.47 |
| 2020 | -16.71 | 25.06 | 9.50 | 16.11 |
| 2019 | 14.49 | 1.49 | -1.90 | 10.08 |
Annual Return
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| % Total Return | 15.74 | 28.13 | -30.18 | 11.07 | 32.43 | 25.47 | -4.96 | 33.32 | 1.42 | 2.99 | 3.76 |
| % Total Return Rel to Index | 3.69 | 3.72 | -11.08 | -7.08 | 18.36 | 0.27 | 5.46 | 13.20 | -3.90 | 5.75 | 0.83 |
| % Total Return Rel to Peer | 7.74 | 9.49 | -10.61 | -5.12 | 15.76 | 0.73 | 5.06 | 11.09 | -4.15 | 5.27 | 1.88 |
| % Perf Quintile vs Peer* | 0.00 | 1.00 | 5.00 | 5.00 | 1.00 | 4.00 | 1.00 | 1.00 | 5.00 | 1.00 | 3.00 |
| % Dividends | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| % Yield | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Gains ($) | 0.00 | 2.00 | 0.00 | 4.67 | 1.46 | 3.20 | 3.65 | 3.61 | 0.71 | 2.06 | 3.02 |
| Expense Ratio | 0.00 | 1.50 | 1.49 | 1.50 | 1.52 | 1.55 | 1.55 | 1.56 | 1.57 | 1.56 | 1.56 |
* 1 = Top 20%, 5 = Bottom 20%