RNNEX Mutual Fund
RNNEX Mutual Fund
American Funds The New Economy Fund Class R2E
RNNEX Mutual Fund Overview
RNNEX Mutual Fund (American Funds The New Economy Fund Class R2E) is managed by American Funds with $49.2M in net assets. RNNEX expense ratio is 1.20%, holding 205 positions across sectors including Information Technology, Unknown, Health Care. Inception date: 2014-08-29.
RNNEX performance shows a YTD return of 22.07%. The 1-year return is 45.29% and the 5-year return is 12.04%. RNNEX dividend yield stands at 8.54%, paid annually.
RNNEX 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 RNNEX holdings, sector breakdown, or dividend history.
RNNEX can be compared against other funds using the overlap calculator or side-by-side comparison tool. RNNEX alternatives are available via the screener, along with tax-loss harvesting opportunities.