American Funds The New Economy Fund® Class C (ANFCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
46.14
+0.93 (2.06%)
Apr 24, 2025, 4:00 PM EDT
-3.73%
Fund Assets 28.52B
Expense Ratio 1.52%
Min. Investment $250
Turnover n/a
Dividend (ttm) 5.86
Dividend Yield 12.97%
Dividend Growth 191.95%
Payout Frequency n/a
Ex-Dividend Date Dec 17, 2024
Previous Close 45.21
YTD Return -10.77%
1-Year Return 2.72%
5-Year Return 50.81%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 214
Inception Date Mar 15, 2001

About ANFCX

ANFCX was founded on 2001-03-15. The Fund's investment strategy focuses on Global with 1.51% total expense ratio. The minimum amount to invest in New Economy Fund; Class C Shares is $250 on a standard taxable account. New Economy Fund; Class C Shares seeks long-term growth of capital. ANFCX 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. ANFCX invests primarily in common stocks that have the potential for growth.

Category World Large-Stock Growth
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol ANFCX
Share Class Class C
Index MSCI AC World NR USD

Performance

ANFCX had a total return of 2.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.84%.

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 $2.008 Dec 14, 2023
Dec 15, 2021 $4.672 Dec 16, 2021
Dec 16, 2020 $1.4614 Dec 17, 2020
Dec 18, 2019 $3.2068 Dec 19, 2019
Dec 19, 2018 $3.6474 Dec 20, 2018
Full Dividend History