American Funds The New Economy Fund® Class 529-C
CNGCX
NASDAQ
| Weiss Ratings | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | American Funds | |||
| Manager/Tenure (Years) | Harold H. La (19), Caroline Jones (7), Reed Lowenstein (6), 5 others | |||
| Website | http://www.americanfunds.com | |||
| Fund Information | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | American Funds The New Economy Fund® Class 529-C | |||
| Category | Global Large-Stock Growth | |||
| Sub-Category | Global Equity Large Cap | |||
| Prospectus Objective | Growth | |||
| Inception Date | Feb 21, 2002 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 250.00 | |||
| Minimum Subsequent Investment | 50.00 | |||
| Front End Fee | -- | |||
| Back End Fee | 0.01 | |||
| Dividends and Shares | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 0.00% | |||
| Dividend | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 0.80% | |||
| Asset Allocation | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 4.41% | |||
| Stock | 94.54% | |||
| U.S. Stock | 71.63% | |||
| Non-U.S. Stock | 22.91% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.45% | |||
| Convertible | 0.01% | |||
| Other Net | 0.59% | |||
| Price History | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | -2.36% | |||
| 30-Day Total Return | -8.62% | |||
| 60-Day Total Return | -13.60% | |||
| 90-Day Total Return | -15.56% | |||
| Year to Date Total Return | -10.76% | |||
| 1-Year Total Return | 2.71% | |||
| 2-Year Total Return | 27.30% | |||
| 3-Year Total Return | 25.22% | |||
| 5-Year Total Return | 59.17% | |||
| Price | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $45.02 | |||
| 1-Month Low NAV | $42.50 | |||
| 1-Month High NAV | $50.04 | |||
| 52-Week Low NAV | $42.50 | |||
| 52-Week Low NAV (Date) | Apr 08, 2025 | |||
| 52-Week High NAV | $59.00 | |||
| 52-Week High Price (Date) | Dec 16, 2024 | |||
| Beta / Standard Deviation | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 1.02 | |||
| Standard Deviation | 17.47 | |||
| Balance Sheet | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 33.46B | |||
| Operating Ratios | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 1.54% | |||
| Turnover Ratio | 36.00% | |||
| Performance | CNGCX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 17.93% | |||
| Last Bear Market Total Return | -19.69% | |||