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Dividend Vision

RNGCX — American Funds New Economy R-3

American Funds New Economy R-3 (RNGCX)

RNGCX pays a 0.00% distribution rate, on a 1.05% expense ratio. Total return is 1180.4% over the past 24.2 years, 154.5 points ahead of SPY at 1025.9%. Its deepest 1-year drawdown was 13.4%.

American Funds New Economy R-3 is a 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 invested outside the United States including in developing countries. The fund carries a high current distribution rate and has a 1.05% expense ratio. It appeals to growth-oriented income investors seeking exposure to companies driving economic change across developed and emerging markets.

RNGCX key facts

Issuer
Capital Group
Asset type
Mutual Fund
Asset class
Equity
Expense ratio
1.05%
Distribution rate
0.00%
Trailing yield
8.78%
Last close
$82.15
AUM
$21,622,116,352
Average volume
0.0
Last dividend
$7.2140
Ex-dividend date
12/16/2025
Beta
1.31
P/E ratio
30.9969