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Dividend Vision

RNGHX — American Funds The New Economy Fund® Class R-5E

American Funds The New Economy Fund® Class R-5E (RNGHX)

RNGHX pays a 0.00% distribution rate, on a 0.55% expense ratio. Total return is 783.8% over the past 10.7 years, 441.2 points ahead of SPY at 342.6%. Its deepest 1-year drawdown was 13.3%.

The New Economy Fund is a mutual fund managed by Capital Group that invests primarily in common stocks of companies positioned to benefit from innovation and new technologies in an evolving global economy, with the flexibility to hold up to half its assets outside the United States, including in developing markets. The fund carries a modest expense ratio of 0.55% and does not have a regular distribution frequency. It appeals to growth-oriented investors seeking exposure to companies advancing technological and economic change.

RNGHX key facts

Issuer
Capital Group
Asset type
Mutual Fund
Asset class
Equity
Expense ratio
0.55%
Distribution rate
0.00%
Trailing yield
8.29%
Last close
$86.98
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
31.0155