American Funds New Economy R-1 (RNGAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

69.61

-1.12 (-1.58%)

At close: Oct 14, 2026

Fund Assets	49.68B
Expense Ratio	1.488%
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	70.73
YTD Return	17.32%
1-Year Return	24.33%
5-Year Return	71.81%
52-Week Low	55.06
52-Week High	74.48
Beta (5Y)	0.93
Holdings	183
Inception Date	Jun 21, 2002

About RNGAX

The New Economy Fund (Class R-1) is a globally diversified mutual fund focused on long-term capital growth. Managed by Capital Research and Management Company since its inception in 1983, the fund primarily invests in companies that benefit from innovation, technological advancement, and evolving global market trends. Its portfolio spans both U.S. and international equities, with a significant emphasis on sectors such as information technology, health care, consumer discretionary, and financials. As of January 2025, the majority of assets are allocated to U.S. equities, though the fund maintains exposure to non-U.S. markets for broader diversification. The fund employs fundamental analysis to select companies with strong growth potential and adaptability to new economic paradigms. Suitable as a core holding for investors seeking participation in innovative segments of the market, the New Economy Fund reflects a dynamic approach to growth-oriented investing in a changing world economy.

Fund Family Capital Group

Category Global Multi-Cap Growth

Performance Rating High

Risk Rating Above Average

Stock Exchange Nasdaq

Ticker Symbol RNGAX

Share Class Class R-1

Index MSCI AC World NR USD

Performance

RNGAX had a total return of 24.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.58%.

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%

View More Holdings

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	$2.008	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

Full Dividend History