CNGAX Mutual Fund
CNGAX Mutual Fund
American Funds The New Economy Fund Class A
CNGAX Mutual Fund Overview
CNGAX Mutual Fund (American Funds The New Economy Fund Class A) is managed by American Funds with $49.2M in net assets. CNGAX expense ratio is 0.75%, holding 205 positions across sectors including Information Technology, Unknown, Health Care. Inception date: 2002-02-15.
CNGAX performance shows a YTD return of 22.36%. The 1-year return is 45.95% and the 5-year return is 12.55%. CNGAX dividend yield stands at 8.17%, paid annually.
CNGAX top holdings include Broadcom Inc (7.1%), Microsoft Corp 4.100 Feb 06 37 (5.0%), Sk Hynix Inc (4.4%), Nvidia Corp (4.2%), Capital Group Central Cash Fund (4.1%). View all CNGAX holdings, sector breakdown, or dividend history.
CNGAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. CNGAX alternatives are available via the screener, along with tax-loss harvesting opportunities.