American Funds The New Economy Fund® Class F-2 (NEFFX)
The fund adopts a dynamic approach to growth investing, targeting growth by investing in companies poised to benefit from innovation, leverage new technologies, or offer products and services that cater to the evolving demands of the global economy.
Fund Info
US6438228289
Aug 1, 2008
$250
Large-Cap
Growth
Expense Ratio
NEFFX features an expense ratio of 0.52%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds The New Economy Fund® Class F-2, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Funds The New Economy Fund® Class F-2 had a return of 6.52% year-to-date (YTD) and 14.28% in the last 12 months. Over the past 10 years, American Funds The New Economy Fund® Class F-2 had an annualized return of 5.90%, while the S&P 500 had an annualized return of 11.29%, indicating that American Funds The New Economy Fund® Class F-2 did not perform as well as the benchmark.
NEFFX
6.52%
3.16%
1.74%
14.28%
6.37%
5.90%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of NEFFX, 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 | 5.09% | 6.52% | |||||||||||
| 2024 | 1.54% | 5.98% | 3.13% | -4.67% | 4.20% | 5.52% | -0.19% | 2.68% | 2.02% | -0.59% | 3.83% | -9.53% | 13.56% |
| 2023 | 7.99% | -1.79% | 3.77% | 0.48% | 1.89% | 4.71% | 3.74% | -1.86% | -5.11% | -1.63% | 9.49% | 1.57% | 24.69% |
| 2022 | -11.98% | -2.57% | 0.30% | -11.65% | -1.45% | -7.53% | 7.94% | -2.73% | -8.07% | 4.33% | 5.84% | -4.49% | -29.50% |
| 2021 | -0.66% | 2.53% | -1.11% | 4.78% | -0.51% | 3.46% | 0.17% | 3.51% | -3.99% | 6.03% | -3.92% | -5.44% | 4.18% |
| 2020 | 0.33% | -4.85% | -12.54% | 11.84% | 7.44% | 4.33% | 5.30% | 5.63% | -1.28% | -0.82% | 11.04% | 3.09% | 30.49% |
| 2019 | 9.48% | 2.83% | 1.95% | 3.26% | -7.04% | 6.00% | 1.30% | -2.31% | -0.63% | 2.77% | 4.09% | -3.65% | 18.36% |
| 2018 | 8.35% | -1.68% | -1.14% | 0.38% | 3.57% | -0.55% | 0.23% | 1.85% | -0.59% | -9.75% | 2.97% | -14.66% | -12.36% |
| 2017 | 5.07% | 3.18% | 1.98% | 2.70% | 2.04% | 1.44% | 3.15% | 2.02% | 3.13% | 3.43% | 1.94% | -7.36% | 24.60% |
| 2016 | -8.77% | -0.37% | 6.65% | -0.78% | 1.94% | -2.84% | 5.91% | 1.21% | 1.09% | -2.21% | 1.24% | -1.69% | 0.47% |
| 2015 | 0.38% | 3.82% | -0.57% | 1.00% | 4.11% | -0.37% | 1.88% | -7.04% | -4.77% | 6.31% | 1.91% | -7.26% | -1.63% |
| 2014 | -0.92% | 5.39% | -3.11% | -1.76% | 3.35% | 1.56% | -1.68% | 2.76% | -2.78% | 2.43% | 1.40% | 0.05% | 6.47% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NEFFX is 38, 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® Class F-2 (NEFFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds The New Economy Fund® Class F-2 provided a 0.04% dividend yield over the last twelve months, with an annual payout of $0.03 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.03 | $0.03 | $0.26 | $0.08 | $0.00 | $0.14 | $0.25 | $0.35 | $0.17 | $0.19 | $0.24 | $3.62 |
Dividend yield | 0.04% | 0.05% | 0.48% | 0.19% | 0.00% | 0.23% | 0.54% | 0.89% | 0.38% | 0.54% | 0.67% | 9.86% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds The New Economy Fund® Class F-2. 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 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2021 | $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 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2014 | $3.62 | $3.62 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds The New Economy Fund® Class F-2. 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® Class F-2 was 44.18%, occurring on Mar 9, 2009. Recovery took 208 trading sessions.
The current American Funds The New Economy Fund® Class F-2 drawdown is 7.23%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.18% | Aug 12, 2008 | 144 | Mar 9, 2009 | 208 | Jan 4, 2010 | 352 |
| -41.51% | Nov 17, 2021 | 229 | Oct 14, 2022 | 544 | Dec 13, 2024 | 773 |
| -31.59% | Jun 7, 2018 | 451 | Mar 23, 2020 | 74 | Jul 8, 2020 | 525 |
| -25.37% | Jul 20, 2015 | 144 | Feb 11, 2016 | 303 | Apr 26, 2017 | 447 |
| -21.33% | Jul 8, 2011 | 61 | Oct 3, 2011 | 111 | Mar 13, 2012 | 172 |
Volatility
Volatility Chart
The current American Funds The New Economy Fund® Class F-2 volatility is 4.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.