RNGAX Mutual Fund
RNGAX Mutual Fund
American Funds The New Economy Fund Class R1 Shares
RNGAX Mutual Fund Overview
RNGAX Mutual Fund (American Funds The New Economy Fund Class R1 Shares) is managed by American Funds with $49.2M in net assets. RNGAX expense ratio is 1.49%, holding 205 positions across sectors including Information Technology, Unknown, Health Care. Inception date: 2002-06-21.
RNGAX performance shows a YTD return of 21.91%. The 1-year return is 44.86% and the 5-year return is 11.64%. RNGAX dividend yield stands at 9.70%, paid annually.
RNGAX 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 RNGAX holdings, sector breakdown, or dividend history.
RNGAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. RNGAX alternatives are available via the screener, along with tax-loss harvesting opportunities.