American Funds The New Economy Fund® Class A (ANEFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
59.80
+1.32 (2.26%)
May 2, 2025, 8:04 PM EDT
5.34%
Fund Assets 33.46B
Expense Ratio 0.77%
Min. Investment $250
Turnover n/a
Dividend (ttm) 5.86
Dividend Yield 9.50%
Dividend Growth 174.31%
Payout Frequency n/a
Ex-Dividend Date Dec 17, 2024
Previous Close 58.48
YTD Return -4.34%
1-Year Return 12.46%
5-Year Return 77.12%
52-Week Low 51.61
52-Week High 70.22
Beta (5Y) 1.02
Holdings 214
Inception Date Jan 2, 1986

About ANEFX

The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest up to 50% of its assets outside the United States, including in developing countries.

Fund Family American Funds Cl A
Category World Large-Stock Growth
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol ANEFX
Share Class Class A
Index MSCI AC World NR USD

Performance

ANEFX had a total return of 12.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.20%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
RNGGX Class R-6 0.41%
FNEFX Class F-3 0.41%
RNGFX Class R-5 0.46%
FNNEX Class 529-f-3 0.47%

Top 10 Holdings

34.59% of assets
Name Symbol Weight
Microsoft Corporation MSFT 5.01%
Broadcom Inc. AVGO 4.92%
Amazon.com, Inc. AMZN 4.65%
Capital Group Central Cash Fund n/a 4.27%
Meta Platforms, Inc. META 3.36%
NVIDIA Corporation NVDA 2.86%
SK hynix Inc. 000660 2.51%
Eli Lilly and Company LLY 2.45%
Taiwan Semiconductor Manufacturing Company Limited 2330 2.31%
MercadoLibre, Inc. MELI 2.26%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 17, 2024 $5.8623 Dec 18, 2024
Dec 13, 2023 $2.1371 Dec 14, 2023
Dec 15, 2021 $4.672 Dec 16, 2021
Dec 16, 2020 $1.4701 Dec 17, 2020
Dec 18, 2019 $3.3556 Dec 19, 2019
Dec 19, 2018 $3.8832 Dec 20, 2018
Full Dividend History