American Funds The New Economy Fund (ANEFX)
The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest up to 50% of its assets in issuers based outside the United States, including those based in developing countries.
Fund Info
US6438221094
643822109
Nov 30, 1983
$250
Large-Cap
Growth
Expense Ratio
ANEFX has an expense ratio of 0.75%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
American Funds The New Economy Fund (ANEFX) returned 2.75% year-to-date (YTD) and 3.68% over the past 12 months. Over the past 10 years, ANEFX returned 4.81% annually, underperforming the S&P 500 benchmark at 10.87%.
ANEFX
2.75%
14.43%
-4.49%
3.68%
7.76%
4.81%
^GSPC (Benchmark)
1.30%
12.94%
1.49%
12.48%
15.82%
10.87%
Monthly Returns
The table below presents the monthly returns of ANEFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.07% | -3.61% | -7.09% | 1.06% | 8.05% | 2.75% | |||||||
| 2024 | 1.52% | 5.95% | 3.12% | -4.69% | 4.19% | 5.50% | -0.21% | 2.65% | 1.99% | -0.60% | 3.79% | -9.57% | 13.27% |
| 2023 | 7.98% | -1.81% | 3.73% | 0.48% | 1.87% | 4.68% | 3.71% | -1.88% | -5.12% | -1.66% | 9.47% | 1.54% | 24.36% |
| 2022 | -12.00% | -2.59% | 0.28% | -11.68% | -1.47% | -7.54% | 7.92% | -2.73% | -8.11% | 4.31% | 5.81% | -4.50% | -29.67% |
| 2021 | -0.69% | 2.52% | -1.14% | 4.77% | -0.54% | 3.44% | 0.15% | 3.49% | -4.02% | 6.01% | -3.92% | -5.47% | 3.93% |
| 2020 | 0.31% | -4.86% | -12.56% | 11.82% | 7.41% | 4.30% | 5.29% | 5.60% | -1.32% | -0.84% | 11.04% | 3.08% | 30.18% |
| 2019 | 9.45% | 2.80% | 1.92% | 3.28% | -7.07% | 5.97% | 1.30% | -2.35% | -0.63% | 2.74% | 4.07% | -3.65% | 18.11% |
| 2018 | 8.34% | -1.70% | -1.14% | 0.36% | 3.54% | -0.57% | 0.19% | 1.85% | -0.59% | -9.79% | 2.95% | -14.64% | -12.52% |
| 2017 | 5.06% | 3.15% | 1.95% | 2.69% | 2.03% | 1.42% | 3.13% | 2.00% | 3.11% | 3.43% | 1.92% | -7.37% | 24.35% |
| 2016 | -8.79% | -0.40% | 6.64% | -0.83% | 1.94% | -2.87% | 5.90% | 1.19% | 1.09% | -2.27% | 1.24% | -1.71% | 0.23% |
| 2015 | 0.35% | 3.82% | -0.60% | 1.00% | 4.08% | -0.40% | 1.86% | -7.04% | -4.79% | 6.29% | 1.88% | -7.25% | -1.83% |
| 2014 | -0.94% | 5.39% | -3.13% | -1.76% | 3.29% | 1.56% | -1.71% | 2.73% | -2.81% | 2.43% | 1.35% | -0.24% | 5.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ANEFX is 30, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds The New Economy Fund (ANEFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
American Funds The New Economy Fund provided a 9.33% dividend yield over the last twelve months, with an annual payout of $5.86 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $5.86 | $5.86 | $2.14 | $0.00 | $4.67 | $1.47 | $3.36 | $3.88 | $3.70 | $1.66 | $2.22 | $3.43 |
Dividend yield | 9.33% | 9.59% | 3.96% | 0.00% | 7.55% | 2.47% | 7.34% | 10.00% | 8.28% | 4.61% | 6.16% | 9.31% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.86 | $5.86 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.14 | $2.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.67 | $4.67 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.47 | $1.47 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.36 | $3.36 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.88 | $3.88 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.70 | $3.70 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.66 | $1.66 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.22 | $2.22 |
| 2014 | $3.43 | $3.43 |
Drawdowns
Drawdowns Chart
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.
Loading data...
Worst Drawdowns
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 68.32%, occurring on Dec 7, 1984. Recovery took 381 trading sessions.
The current American Funds The New Economy Fund drawdown is 10.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.32% | Oct 23, 1984 | 34 | Dec 7, 1984 | 381 | May 26, 1986 | 415 |
| -64.86% | Sep 8, 1987 | 69 | Dec 11, 1987 | 311 | Feb 20, 1989 | 380 |
| -62.3% | Nov 24, 1989 | 230 | Oct 11, 1990 | 92 | Feb 18, 1991 | 322 |
| -60.55% | Mar 27, 2000 | 637 | Oct 9, 2002 | 1038 | Nov 21, 2006 | 1675 |
| -56.06% | Dec 27, 1993 | 281 | Jan 23, 1995 | 1028 | Dec 31, 1998 | 1309 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...