CNGAX Mutual Fund

CNGAX Mutual Fund (American Funds The New Economy Fund Class A) is managed by American Funds with $49.2M in net assets. CNGAX expense ratio is 0.75%, holding 205 positions across sectors including Information Technology, Health Care, Communication Services. Inception date: 2002-02-15.

CNGAX performance shows a YTD return of 15.43%. The 1-year return is 34.82% and the 5-year return is 10.95%. CNGAX dividend yield stands at 8.76%, paid annually.

CNGAX top holdings include Broadcom Inc (7.1%), Microsoft Corp (5.0%), Sk Hynix Inc (4.4%), Nvidia Corp. (4.2%), Capital Group Central Cash Fund (4.1%). Go to all CNGAX holdings, CNGAX sectors, or CNGAX dividends.

CNGAX can be compared against other funds. Use CNGAX overlap to find shared positions, or CNGAX vs another fund for a side-by-side view. CNGAX alternatives are available via the screener, along with tax-loss harvesting opportunities.