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ANFBX American Funds New Economy B

  • Fund
  • ANFBX
  • Price as of: Aug 08, 2016
  • $33.88
  • - $0.05
  • - 0.15%
  • Category
  • Large Cap Growth Equities

ANFBX - Profile

Vitals

  • YTD Return 0.8%
  • 3 Yr Annualized Return 7.9%
  • 5 Yr Annualized Return 11.0%
  • Net Assets $15.1 B
  • Holdings in Top 10 19.2%

52 WEEK LOW AND HIGH

$33.88
$28.57
$36.69

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.54%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 34.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2009-04-21

STANDARD (TAXABLE)

$250

IRA

$25

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return 6.7%
  • 5 Yr Annualized Total Return 10.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Funds The New Economy Fund®
  • Fund Family Name American Funds
  • Inception Date Mar 15, 2000
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Harold H. La

ANFBX - Performance

Return Ranking - Trailing

Period ANFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.8% -97.0% 17.4% 72.69% 4
1 Yr -6.0% -28.3% 24.3% 93.70% 5
3 Yr 7.9% * 0.2% 17.7% 83.13% 5
5 Yr 11.0% * 1.6% 16.2% 60.13% 4
10 Yr 7.7% * 0.4% 13.1% 54.19% 3

* Annualized


Return Ranking - Calendar

Period ANFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.9% -38.0% 13.6% 43.31% 3
2014 N/A -0.7% 12.3% N/A N/A
2013 N/A 23.9% 43.4% N/A N/A
2012 N/A 10.8% 19.6% N/A N/A
2011 N/A -12.1% 12.5% N/A N/A

Total Return Ranking - Trailing

Period ANFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.8% -97.0% 13.2% 72.57% 4
1 Yr -10.4% -28.3% 22.0% 97.17% 5
3 Yr 6.7% * -1.0% 17.7% 87.72% 5
5 Yr 10.7% * 0.4% 16.2% 60.06% 4
10 Yr 7.7% * -0.1% 13.1% 51.28% 3

* Annualized


Total Return Ranking - Calendar

Period ANFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.9% -38.0% 17.4% 43.37% 3
2014 N/A -0.7% 13.1% N/A N/A
2013 N/A 32.4% 62.9% N/A N/A
2012 N/A 15.7% 23.1% N/A N/A
2011 N/A -14.3% 13.3% N/A N/A

NAV & Total Return History

ANFBX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

ANFBX Category Low Category High ANFBX % Rank Quintile
Net Assets 15.1 B 373 K 146 B 1.09% 1
Number of Holdings 201 1 2190 3.66% 1
Net Assets in Top 10 2.62 B 0 33.1 B 2.25% 1
Weighting of Top 10 19.2% 0.0% 150.9% 28.08% 5

Top 10 Holdings

  1. Netflix Inc 3.02%
  2. Thermo Fisher Scientific Inc 2.65%
  3. Alexion Pharmaceuticals Inc 1.82%
  4. Amgen Inc 1.69%
  5. Hologic Inc 1.49%
  6. Skyworks Solutions Inc 1.61%
  7. Tencent Holdings Ltd 2.20%
  8. Sony Corp 1.90%
  9. Amazon.com Inc 1.50%
  10. Qorvo Inc 1.34%

Asset Allocation

Weighting Category Low Category High ANFBX % Rank Quintile
Stocks
88.10% 0.00% 109.00% 21.72% 5
Other
7.82% -1.32% 24.55% 0.32% 1
Cash
3.30% -9.00% 100.00% 8.16% 2
Bonds
0.45% 0.00% 76.29% 1.93% 1
Preferred Stocks
0.32% 0.00% 4.61% 1.54% 1
Convertible Bonds
0.00% 0.00% 2.81% 0.84% 5

Stock Sector Breakdown

Weighting Category Low Category High ANFBX % Rank Quintile
Technology
24.55% -1.29% 52.19% 13.75% 3
Healthcare
24.29% -1.03% 98.63% 1.29% 1
Financial Services
11.34% -2.38% 40.17% 11.18% 2
Consumer Cyclical
10.83% -2.22% 41.71% 23.59% 5
Industrials
6.65% -0.37% 29.48% 21.85% 5
Communication Services
4.88% 0.00% 12.93% 6.17% 2
Consumer Defense
3.95% -1.43% 30.67% 22.49% 5
Energy
0.60% -2.01% 16.80% 19.54% 4
Utilities
0.46% -0.18% 16.29% 6.81% 2
Basic Materials
0.42% -1.18% 12.09% 19.54% 5
Real Estate
0.12% 0.00% 11.43% 13.56% 3

Stock Geographic Breakdown

Weighting Category Low Category High ANFBX % Rank Quintile
US
59.51% 0.00% 109.00% 27.70% 5
Non US
28.59% -0.01% 91.03% 0.51% 1

Bond Sector Breakdown

Weighting Category Low Category High ANFBX % Rank Quintile
Cash & Equivalents
3.30% -11.78% 100.00% 8.27% 2
Government
0.45% 0.00% 28.25% 1.36% 1
Corporate
0.32% 0.00% 51.58% 3.10% 1
Securitized
0.00% 0.00% 17.50% 0.71% 5
Municipal
0.00% 0.00% 5.83% 0.58% 5
Derivative
0.00% -5.28% 10.62% 0.65% 5

Bond Geographic Breakdown

Weighting Category Low Category High ANFBX % Rank Quintile
US
0.45% -24.92% 63.80% 1.61% 1
Non US
0.00% 0.00% 42.95% 1.35% 5

ANFBX - Expenses

Operational Fees

ANFBX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.54% 0.00% 24.91% 8.87% 4
Management Fee 0.39% 0.00% 1.50% 4.24% 1
12b-1 Fee 1.00% 0.00% 1.00% 0.10% 5
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

ANFBX Fees (% of AUM) Category Low Category High ANFBX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load 5.00% 1.00% 5.50% 0.63% 5

Trading Fees

ANFBX Fees (% of AUM) Category Low Category High ANFBX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ANFBX Fees (% of AUM) Category Low Category High ANFBX Rank Quintile
Turnover 34.00% 0.00% 437.00% 10.29% 2

ANFBX - Distributions

Dividend Yield Analysis

ANFBX Category Low Category High ANFBX % Rank Quintile
Dividend Yield 0.0% 0.00% 2.85% 63.19% 4

Dividend Distribution Analysis

ANFBX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ANFBX Category Low Category High ANFBX % Rank Quintile
Net Income Ratio -0.46% -5.94% 3.70% 13.18% 4

Capital Gain Distribution Analysis

ANFBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

ANFBX - Managers

Harold H. La

Manager

Start Date

Feb 01, 2006

Tenure

10.5

Tenure Rank

3.6%

Mr La is an equity portfolio manager and senior vice president –Capital Research Global Investors at Capital Research and Management Company.


Timothy D. Armour

Manager

Start Date

Jan 01, 1991

Tenure

25.6

Tenure Rank

0.3%

Armour is an equity portfolio manager and a Senior Vice President with Capital Research and Management Company.


Claudia P. Huntington

Manager

Start Date

Jan 01, 1995

Tenure

21.59

Tenure Rank

0.6%

Huntington is an equity portfolio manager and a senior vice president of Capital Research. She has been employed in the investment management area of Capital Research or its affiliates as a portfolio counselor.


Mark E. Denning

Manager

Start Date

Feb 01, 2002

Tenure

14.5

Tenure Rank

1.9%

Denning is a senior vice president for Capital Research Company with portfolio manager responsibilities. Mark is a director of The Capital Group Companies, Capital International Limited and Capital Research and Management Company. Prior to 1982, Denning worked in the operations department of J & F Martell and Co. in France.


Tenure Analysis

Category Low

0.0

Category High

48.6

Category Average

7.08

Category Mode

1.6