American Funds New Economy 529-F (CNGFX)

Fund Assets	51.80B
Expense Ratio	0.83%
Min. Investment	$250
Turnover	36.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	86.08
YTD Return	20.22%
1-Year Return	38.26%
5-Year Return	79.34%
52-Week Low	65.54
52-Week High	88.84
Beta (5Y)	0.93
Holdings	183
Inception Date	Oct 11, 2002

About CNGFX

American Funds The New Economy Fund 529-F-1 is a global large-cap growth mutual fund focused on achieving long-term capital appreciation. The fund primarily invests in common stocks of companies that are poised for growth and benefit from evolving economic trends. With U.S. equities constituting over 70% of its portfolio and the remainder diversified across non-U.S. markets, it provides broad international exposure. The fund is notable for its sector concentration in information technology, health care, consumer discretionary, financials, and industrials, reflecting an emphasis on industries driving innovation and economic transformation. Additionally, it maintains a significant allocation to mid- and small-cap companies, distinguishing it from many peers and offering access to a wider range of growth opportunities. Since its inception in 1983, The New Economy Fund has served investors seeking diversified participation in both established and emerging sectors globally, while being managed with an active approach to uncovering growth potential across market capitalizations and geographies.

• Fund Family: Capital Group
• Category: World Large-Stock Growth
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: CNGFX
• Share Class: Class 529-f-1
• Index: MSCI AC World NR USD

Performance

CNGFX had a total return of 38.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.13%.

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	0.40%
FNEFX	Class F-3	0.40%
RNGFX	Class R-5	0.45%
FNNEX	Class 529-f-3	0.45%

Top 10 Holdings

39.02% of assets

Name	Symbol	Weight
Micron Technology, Inc.	MU	7.30%
SK hynix Inc.	000660	5.72%
Broadcom Inc.	AVGO	4.84%
Western Digital Corporation	WDC	3.42%
Alphabet Inc.	GOOGL	3.37%
Amazon.com, Inc.	AMZN	3.14%
Taiwan Semiconductor Manufacturing Company Limited	2330	3.13%
Taiwan Semiconductor Manufacturing Company Limited	TSM	3.08%
NVIDIA Corporation	NVDA	2.55%
Capital Group Central Cash Fund	n/a	2.47%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$7.2144	Dec 17, 2025
Dec 17, 2024	$5.8623	Dec 18, 2024
Dec 13, 2023	$2.213	Dec 14, 2023
Dec 14, 2022	$0.0433	Dec 15, 2022
Dec 15, 2021	$4.672	Dec 16, 2021
Dec 16, 2020	$1.6381	Dec 17, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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