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

(NASDAQ Mutual Funds) As of Jun 28, 2024 08:00 PM ET

$54.85 USD

-0.17 (-0.31%)

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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2-Buy of 5   2      

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Zacks Premium Research for RNGBX

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

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

Buy 2
MF Research Report

Fund Description

NA

Load Information

Ticker Max
Load %		 Deferred
Load %		 Red.
Fee %		 12B-1
Fee %		 Mgmt
Fee %		 Expense
Ratio %
American Funds New Economy R2 RNGBX NA NA 0.00 0.75 0.37 1.50

Return Data

Ticker Nav Inception Date % yield 1 year return 2 year return 3 year return
American Funds New Economy A ANEFX 62.03 12/1/1983 0.00 26.27 2.18 11.40
American Funds New Economy C ANFCX 51.50 3/15/2001 0.00 25.31 1.41 10.56
American Funds New Economy F ANFFX 62.24 12/1/1983 0.00 26.20 2.13 11.35
American Funds New Economy R5 RNGFX 62.82 11/1/2002 0.00 26.63 2.48 11.72
American Funds New Economy R4 RNGEX 61.27 12/1/1983 0.00 26.28 2.17 11.39
American Funds New Economy R3 RNGCX 59.49 12/1/1983 0.00 25.89 1.87 11.06
American Funds New Economy R2 RNGBX 54.85 12/1/1983 0.00 25.34 1.41 10.55
American Funds New Economy R1 RNGAX 53.85 12/1/1983 0.00 25.35 1.42 10.56
American Funds New Economy 529A CNGAX 61.10 12/1/1983 0.00 26.23 2.15 11.36
American Funds New Economy 529C CNGCX 52.32 12/1/1983 0.00 25.25 1.36 10.51
American Funds New Economy 529E CNGEX 59.38 12/1/1983 0.00 25.94 1.91 11.10
American Funds New Economy 529F CNGFX 61.16 12/1/1983 0.00 26.43 2.32 11.58
American Funds New Economy F2 NEFFX 62.15 8/1/2008 0.00 26.59 2.42 11.66
American Funds New Economy R6 RNGGX 62.53 5/1/2009 0.00 26.69 2.53 11.78

Investment Information

Ticker Minimum Initial Investment ($) Minimum Subsequent Investment ($) Minimum Initial IRA ($) Dividend Frequency
American Funds New Economy R2 RNGBX 250 50 25 A

Contact Information

Family American Funds
Address 333 S Hope St
Los Angeles, CA 90071
Phone 800 421-4225