Browse everything: Tickers A–Z · Issuers · Comparisons · Tags
FNEFX Mutual Fund — American Funds The New Economy Fund® Class F-3
American Funds The New Economy Fund® Class F-3 (FNEFX)
Updated October 16, 2026.
Verdict as of October 16, 2026
FNEFX's distribution is rated generally safe by the Dividend Vision Distribution Safety Score™ (67/100, low confidence). It pays annual and its distribution rate is 8.56%. The latest total cash payment per current share, $7.21 with an ex-date of December 16, 2025, was 21.2% higher than the previous $5.95. These payments are unclassified; this does not establish a base-dividend change.
Sources: Capital Group page for FNEFX, Section 19a-1 notices, scoring methodology.
FNEFX is a Mutual Fund. its distribution rate is 8.56%, its trailing-12-month yield is 8.56%, its expense ratio is 0.40%. Dividend Vision Distribution Safety Score™ is 67/100 (Generally safe). Total return is 630.9% over the past 9.7 years, 342.8 points ahead of SPY at 288.1%.
American Funds The New Economy Fund is a growth-oriented mutual fund that invests primarily in common stocks of companies positioned to benefit from innovation and new technologies in an evolving global economy, with up to half its assets potentially allocated outside the United States including developing markets. The fund carries a modest expense ratio and has a current distribution rate in the mid-single-digit range, though distributions are not made on a regular schedule. This fund appeals to growth-focused investors seeking exposure to companies driving technological and economic change across global markets.
FNEFX dividend yield and income
Price as of 2026-10-16.
The distribution rate (8.56%) uses calculation basis unavailable. Trailing-12-month yield (8.56%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $7.214. The ex-dividend date is 12/16/2025.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2025-12-16 | $7.214 | 21.2% Unclassified cash |
| 2024-12-17 | $5.952 | 157.1% Unclassified cash |
| 2023-12-13 | $2.315 | 1553.6% Unclassified cash |
| 2022-12-14 | $0.14 | -97.0% Unclassified cash |
| 2021-12-15 | $4.672 | 185.7% Unclassified cash |
| 2020-12-16 | $1.635 | -53.2% Unclassified cash |
| 2019-12-18 | $3.497 | -13.3% Unclassified cash |
| 2018-12-19 | $4.032 | 5.2% Unclassified cash |
| 2017-12-22 | $3.831 | — |
| 2017 total | $3.831 | — |
| 2018 total | $4.032 | 5.2% |
| 2019 total | $3.497 | -13.3% |
| 2020 total | $1.635 | -53.2% |
| 2021 total | $4.672 | 185.7% |
| 2022 total | $0.14 | -97.0% |
| 2023 total | $2.315 | 1553.6% |
| 2024 total | $5.952 | 157.1% |
| 2025 total | $7.214 | 21.2% |
FNEFX dividend growth
Trailing-12-month distributions versus the preceding 12 months changed +21.2%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -53.25%.
| Window | Change |
|---|---|
| 1Y | +21.2% |
| 3Y | 5052.9% |
| 5Y | 341.2% |
FNEFX holdings and sector exposure
Holdings are not available for this snapshot.
FNEFX performance versus SPY
Price and return data through 2026-10-16.
Total return is 630.9% over the past 9.7 years, 342.8 points ahead of SPY at 288.1%. Over the past year its total return — price change plus distributions reinvested — is 35.0%. Its deepest 1-year drawdown was 13.3%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -0.9% | — |
| 3M | -1.0% | — |
| 6M | 8.3% | — |
| YTD | 14.6% | — |
| 1Y | 35.0% | — |
| 2Y CAGR | — | 35.80% |
| 3Y CAGR | — | 38.10% |
| 5Y CAGR | — | 18.90% |
| Since inception (9.7 years) | 630.9% | 22.70% |
FNEFX key facts
- Distribution Safety Score™
- 67 · Generally safe
- Safety-Adjusted Yield
- 5.74%
- Issuer
- Capital Group
- Asset type
- Mutual Fund
- Asset class
- Equity
- Expense ratio
- 0.40%
- Distribution rate
- 8.56%
- Distribution frequency
- Annual
- Trailing yield
- 8.56%
- Last close
- $84.32 (as of 2026-10-16)
- NAV
- $89.38 as of 2026-09-30; source eodhd (stale)
- Premium / discount
- N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)
- AUM
- $21,622,116,352
- Average volume
- 0.0
- Dividend
- $7.214
- Ex-dividend date
- 12/16/2025
- Beta
- 1.32
How Dividend Vision calculates yield and returns
Distribution rate (8.56%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (8.56%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: Capital Group or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
FNEFX risks and drawbacks
Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 13.3%.
Who may consider FNEFX — and who may not
It is a weaker fit for investors who need monthly cash flow (FNEFX pays annual). This is educational context, not a recommendation to buy or sell.
More on FNEFX
Frequently asked questions
Does FNEFX pay monthly?
No. FNEFX currently pays annual, not monthly.
What is FNEFX's expense ratio?
FNEFX's expense ratio is 0.40%.
What is FNEFX's dividend yield?
FNEFX's distribution rate is 8.56%, paid annual, with a 0.40% expense ratio — calculation basis unavailable.
How has FNEFX's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed +21.2%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does FNEFX pay a dividend?
FNEFX pays annual. The dividend amount is $7.214. The ex-dividend date is 12/16/2025.
How has FNEFX performed?
Total return is 630.9% over the past 9.7 years, 342.8 points ahead of SPY at 288.1%. Over the past year its total return — price change plus distributions reinvested — is 35.0%. Its deepest 1-year drawdown was 13.3%.
Is FNEFX a good investment?
FNEFX's Dividend Vision Distribution Safety Score is 67 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 8.56% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
More securities from Capital Group.
Tickers
Holdings as-of date unavailable.
| Ticker | Name | Weight |
|---|
See how this investment would fit into your portfolio.