American Funds The New Economy Fund® Class F-2 (NEFFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
65.95
-1.33 (-1.98%)
Nov 15, 2024, 4:00 PM EST
25.09%
Fund Assets 35.54B
Expense Ratio 0.52%
Min. Investment $250
Turnover 39.00%
Dividend (ttm) 2.27
Dividend Yield 3.42%
Dividend Growth 2,584.36%
Payout Frequency Annual
Ex-Dividend Date Dec 13, 2023
Previous Close 67.28
YTD Return 22.08%
1-Year Return 30.43%
5-Year Return 73.70%
52-Week Low 52.51
52-Week High 68.90
Beta (5Y) n/a
Holdings 216
Inception Date Aug 1, 2008

About NEFFX

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
Category World Large-Stock Growth
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NEFFX
Index MSCI AC World NR USD

Performance

NEFFX had a total return of 30.43% in the past year. Since the fund's inception, the average annual return has been 11.49%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
FNEFX Class F-3 0.41%
FNNEX Class 529-f-3 0.47%
FNEEX Class 529-f-2 0.54%
ANEFX Class A 0.77%

Top 10 Holdings

33.13% of assets
Name Symbol Weight
Broadcom Inc. AVGO 6.18%
Microsoft Corporation MSFT 5.01%
Amazon.com, Inc. AMZN 3.88%
Meta Platforms, Inc. META 3.30%
Capital Group Central Cash Fund n/a 3.21%
NVIDIA Corporation NVDA 2.68%
Taiwan Semiconductor Manufacturing Company Limited 2330 2.48%
UnitedHealth Group Incorporated UNH 2.23%
SK hynix Inc. 000660 2.09%
Eli Lilly and Company LLY 2.07%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 13, 2023 $2.2656 Dec 14, 2023
Dec 14, 2022 $0.0844 Dec 15, 2022
Dec 15, 2021 $4.672 Dec 16, 2021
Dec 16, 2020 $1.5971 Dec 17, 2020
Dec 18, 2019 $3.4527 Dec 19, 2019
Dec 19, 2018 $3.9924 Dec 20, 2018
Full Dividend History