RNGFX
American Funds - The New Economy Fund Class R-5 Shares
$83.31
American Funds - The New Economy Fund Class R-5 Shares (RNGFX)
The American Funds - The New Economy Fund Class R-5 Shares (RNGFX) is a mutual fund that focuses on investing in companies that are at the forefront of the new economy. This includes businesses in technology, healthcare, and other innovative industries. The fund aims to provide long-term growth and capital appreciation for its investors. With a Class R-5 share class, this fund is designed for larger investors and has lower fees compared to other share classes. Overall, RNGFX offers a diversified portfolio of companies that are positioned to thrive in the evolving economy.
RNGFX Mutual Fund Chart & Stats
$83.31
At close: 4:00 PM EST- Previous Close
- $83.31
- Sub-Category
- Growth
- Total Liabilities
- $145.78M
- Expense Ratio
- 0.45%
- Holding Count
- 160
- Brand
- New Economy Fund
- Category
- Equity
- Total Assets
- 50.16B
- Shares Outstanding
- N/A
- 52-Week Range
- $67.82 - $91.95
RNGFX Mutual Fund News
RNGFX Mutual Fund Smart Score
Neutral
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Learn more about TipRanks Smart Score
Top 10 Holdings
| Name | Weight % |
|---|---|
| AVGOBroadcom Inc. | 5.24% |
| MUMicron Technology | 4.56% |
| AMZNAmazon.Com, Inc. | 3.88% |
| USD_CASHCAPITAL GROUP CENTRAL CASH FUND | 3.38% |
| GOOGLAlphabet Inc. Class A | 3.32% |
| 2330Taiwan Semiconductor Manufacturing Co., Ltd. | 3.20% |
| MSFTMicrosoft | 2.82% |
| TSMTaiwan Semiconductor Manufacturing Company Limited | 2.77% |
| 000660SK hynix Inc. | 2.58% |
| WDCWestern Digital Corp. | 2.54% |
| Total | 34.29% |
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