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American Funds - The New Economy Fund Class R-3 Shares: (MF: RNGCX)
(NASDAQ Mutual Funds) As of Jul 19, 2024 08:00 PM ET
$59.60 USD
-0.35 (-0.58%)
Zacks MF Rank
2-Buy of 5 2
Latest Performance as of Jun 30, 2024
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | 16.01 | 10 |
| 3 months | 4.66 | 5 |
| 6 months | 16.01 | 10 |
| 1 Year | 26.88 | 7 |
| 3 Year | 2.54 | 55 |
| 5 Year | 10.96 | 25 |
| 10 Year | 10.42 | 8 |
* Annual for three years and beyond.
| Bull Market (9/02 - 10/07) | 157.41 |
| Bear Market (10/07 - 2/09) | -52.14 |
| Bull Market (2/09 - 3/21) | 760.23 |
Load Adjusted Returns as of Jun 30, 2024
| 1 Year | 26.88 |
| 5 Year | 10.95 |
| 10 Year | 10.42 |
| Since Inception | 10.99 |
Quarterly Return
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | |
|---|---|---|---|---|
| 2024 | 10.84 | 4.66 | NA | NA |
| 2023 | 9.91 | 7.06 | -3.53 | 13.36 |
| 2022 | -14.10 | -19.59 | -3.59 | 5.30 |
| 2021 | 0.58 | 7.71 | -0.57 | 3.57 |
| 2020 | -16.63 | 25.20 | 9.63 | 16.24 |
| 2019 | 14.61 | 1.61 | -1.78 | 10.20 |
Annual Return
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| % Total Return | 16.01 | 28.69 | -29.88 | 11.56 | 33.02 | 26.05 | -4.53 | 33.00 | 4.62 | 3.45 | 4.20 |
| % Total Return Rel to Index | 3.97 | 4.28 | -10.78 | -6.59 | 18.95 | 0.84 | 5.89 | 12.88 | -0.70 | 6.21 | 1.27 |
| % Total Return Rel to Peer | 8.01 | 10.05 | -10.31 | -4.63 | 16.35 | 1.30 | 5.49 | 10.77 | -0.95 | 5.73 | 2.32 |
| % Perf Quintile vs Peer* | 0.00 | 1.00 | 5.00 | 5.00 | 1.00 | 3.00 | 1.00 | 1.00 | 4.00 | 1.00 | 2.00 |
| % Dividends | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.06 | 0.00 | 0.00 | 0.01 | 0.09 |
| % Yield | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.13 | 0.00 | 0.00 | 0.04 | 0.22 |
| Capital Gains ($) | 0.00 | 2.00 | 0.00 | 4.67 | 1.46 | 3.20 | 3.65 | 3.61 | 1.41 | 2.06 | 3.02 |
| Expense Ratio | 0.00 | 1.06 | 1.07 | 1.06 | 1.07 | 1.10 | 1.10 | 1.11 | 1.13 | 1.11 | 1.13 |
* 1 = Top 20%, 5 = Bottom 20%