American Funds The New Economy Fund® Class F-2 (NEFFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
64.78
-0.50 (-0.77%)
Feb 20, 2025, 4:00 PM EST
13.97% (1Y)
Fund Assets | 21.62B |
Expense Ratio | 0.52% |
Min. Investment | $250 |
Turnover | n/a |
Dividend (ttm) | 5.89 |
Dividend Yield | 9.09% |
Dividend Growth | 159.97% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 17, 2024 |
Previous Close | 65.28 |
YTD Return | 5.64% |
1-Year Return | 24.44% |
5-Year Return | 68.67% |
52-Week Low | n/a |
52-Week High | n/a |
Beta (5Y) | n/a |
Holdings | 214 |
Inception Date | Aug 1, 2008 |
About NEFFX
NEFFX was founded on 2008-08-01. The Fund's investment strategy focuses on Global with 0.52% total expense ratio. The minimum amount to invest in New Economy Fund; Class F2 Shares is $250 on a standard taxable account. New Economy Fund; Class F2 Shares seeks long-term growth of capital. NEFFX 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. NEFFX invests primarily in common stocks that have the potential for growth.
Category World Large-Stock Growth
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NEFFX
Share Class Class F-2
Index MSCI AC World NR USD
Performance
NEFFX had a total return of 24.44% in the past year. Since the fund's inception, the average annual return has been 11.78%, including dividends.
Top 10 Holdings
35.44% of assetsName | Symbol | Weight |
---|---|---|
Broadcom Inc. | AVGO | 7.34% |
Amazon.com, Inc. | AMZN | 5.01% |
Microsoft Corporation | MSFT | 4.92% |
Meta Platforms, Inc. | META | 3.41% |
Capital Group Central Cash Fund | n/a | 3.22% |
NVIDIA Corporation | NVDA | 2.89% |
Taiwan Semiconductor Manufacturing Company Limited | 2330 | 2.69% |
Eli Lilly and Company | LLY | 2.02% |
Taiwan Semiconductor Manufacturing Company Limited | TSM | 1.99% |
MercadoLibre, Inc. | MELI | 1.94% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 17, 2024 | $5.8898 | Dec 18, 2024 |
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 |