American Funds The New Economy Fund (ANEFX)

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The chart shows the growth of an initial investment of $10,000 in American Funds The New Economy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

American Funds The New Economy Fund (ANEFX) has returned -8.49% so far this year and 27.41% over the past 12 months. Looking at the last ten years, ANEFX has achieved an annualized return of 13.50%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jan 2, 1986, ANEFX's average daily return is +0.05%, while the average monthly return is +1.14%. At this rate, your investment would double in approximately 5.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Dec 1987 with a return of +19.0%, while the worst month was Oct 1987 at -20.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ANEFX closed higher 54% of trading days. The best single day was Dec 2, 1986 with a return of +17.6%, while the worst single day was Oct 22, 1987 at -14.6%.

American Funds The New Economy Fund has an annualized alpha of 5.18%, beta of 0.86, and R² of 0.73 versus S&P 500 Index. Calculated based on daily prices since January 03, 1986.

• This fund captured 115.43% of S&P 500 Index gains but only 97.54% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 5.18% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.86 and R² of 0.73, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

ANEFX has an expense ratio of 0.75%, placing it in the medium range.

ANEFX ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for American Funds The New Economy Fund (ANEFX) and compare them to a chosen benchmark (S&P 500 Index).

American Funds The New Economy Fund provided a 10.85% dividend yield over the last twelve months, with an annual payout of $7.21 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for American Funds The New Economy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the American Funds The New Economy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Funds The New Economy Fund was 61.28%, occurring on Oct 9, 2002. Recovery took 1166 trading sessions.

The current American Funds The New Economy Fund drawdown is 13.35%.

The chart below shows the rolling one-month volatility.