RNGAX Mutual Fund
RNGAX Mutual Fund
RNGAX Mutual Fund
American Funds The New Economy Fund Class R1 Shares
RNGAX Mutual Fund Overview
RNGAX Mutual Fund (American Funds The New Economy Fund Class R1 Shares) is managed by American Funds with $49.2M in net assets. RNGAX expense ratio is 1.49%, holding 205 positions across sectors including Information Technology, Health Care, Industrials. Inception date: 2002-06-21.
RNGAX performance shows a YTD return of 18.06%. The 1-year return is 34.75% and the 5-year return is 10.85%. RNGAX dividend yield stands at 10.14%, paid annually.
RNGAX top holdings include Micron Technology, Inc. (7.3%), Sk Hynix Inc Common Stock KRW 5000 (5.7%), Broadcom Inc (4.8%), Western Digital Corp. (3.4%), Alphabet Inc,class A (3.4%). Go to all RNGAX holdings, RNGAX sectors, or RNGAX dividends.
RNGAX can be compared against other funds. Use RNGAX overlap to find shared positions, or RNGAX vs another fund for a side-by-side view. RNGAX alternatives are available via the screener, along with tax-loss harvesting opportunities.