American Funds The New Economy Fund® Class R-5E (RNGHX)
| Fund Assets | 46.53B |
| Expense Ratio | 0.55% |
| Min. Investment | $250 |
| Turnover | 36.00% |
| Dividend (ttm) | 7.21 |
| Dividend Yield | 8.64% |
| Dividend Growth | 23.06% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 83.51 |
| YTD Return | 14.57% |
| 1-Year Return | 46.32% |
| 5-Year Return | 87.93% |
| 52-Week Low | 61.38 |
| 52-Week High | 85.26 |
| Beta (5Y) | n/a |
| Holdings | 183 |
| Inception Date | Nov 20, 2015 |
About RNGHX
American Funds The New Economy Fund® Class R-5E is a global large-cap growth mutual fund designed to provide long-term capital appreciation. The fund primarily invests in common stocks of companies that stand to benefit from innovation, technological advances, and evolving economic trends. Its portfolio is broadly diversified, with significant allocations to both U.S. and non-U.S. equities, and no exposure to bonds. Major sectors include information technology, health care, consumer discretionary, financials, and industrials, reflecting a focus on industries driving the modern global economy. With over 200 holdings, the fund aims to capture opportunities from both established and emerging markets. Managed by Capital Group, the fund’s strategy emphasizes companies with growth potential linked to new technologies and changing consumer demands, playing a key role in portfolios seeking exposure to dynamic sectors and international diversification within the equity market landscape.
Performance
RNGHX had a total return of 46.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.21%.
Top 10 Holdings
37.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 7.62% |
| Broadcom Inc. | AVGO | 4.99% |
| Micron Technology, Inc. | MU | 3.92% |
| SK hynix Inc. | 000660 | 3.73% |
| NVIDIA Corporation | NVDA | 3.37% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 2.89% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.74% |
| Alphabet Inc. | GOOGL | 2.70% |
| Amazon.com, Inc. | AMZN | 2.66% |
| Microsoft Corporation | MSFT | 2.62% |
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 | $2.2422 | Dec 14, 2023 |
| Dec 14, 2022 | $0.0626 | Dec 15, 2022 |
| Dec 15, 2021 | $4.672 | Dec 16, 2021 |
| Dec 16, 2020 | $1.5696 | Dec 17, 2020 |