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ANFBX American Funds New Economy B

  • Fund
  • ANFBX
  • Price as of: N/A
  • N/A N/A N/A
  • Category
  • Large Cap Growth Equities
  • Fund Company
  • N/A

ANFBX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 5.8%
  • 5 Yr Annualized Return 12.4%
  • Net Assets $15.9 B
  • Holdings in Top 10 19.7%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.58%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Apr 21, 2009

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 N/A
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return 12.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Funds The New Economy Fund®
  • Fund Family Name N/A
  • 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 (%)
YTD N/A -7.9% 26.7% N/A
1 Yr 15.6% -63.9% 13.6% N/A
3 Yr 5.8%* -38.0% 20.9% N/A
5 Yr 12.4%* -30.7% 21.4% N/A
10 Yr 7.1%* -12.3% 17.3% N/A

* Annualized


Return Ranking - Calendar

Period ANFBX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -65.5% 5.0% N/A
2017 N/A -24.8% 41.0% N/A
2016 N/A -56.6% 18.1% N/A
2015 N/A -38.0% 11.4% N/A
2014 N/A -52.4% 105.4% N/A

Total Return Ranking - Trailing

Period ANFBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 26.7% N/A
1 Yr 10.6% -63.9% 26.9% N/A
3 Yr 4.6%* -38.0% 27.3% N/A
5 Yr 12.2%* -30.7% 30.0% N/A
10 Yr 7.1%* -12.3% 19.0% N/A

* Annualized


Total Return Ranking - Calendar

Period ANFBX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -65.5% 16.5% N/A
2017 N/A -24.8% 48.9% N/A
2016 N/A -56.6% 26.8% N/A
2015 N/A -38.0% 17.3% N/A
2014 N/A -52.4% 120.7% N/A

NAV & Total Return History

ANFBX - Holdings

Concentration Analysis

ANFBX Category Low Category High ANFBX % Rank
Net Assets 15.9 B 898 K 195 B N/A
Number of Holdings 193 6 2046 N/A
Net Assets in Top 10 2.71 B 519 K 54.6 B N/A
Weighting of Top 10 19.66% 12.8% 2580.2% N/A

Top 10 Holdings

  1. Netflix Inc 4.04%

  2. Thermo Fisher Scientific Inc 2.50%

  3. Tencent Holdings Ltd 2.22%

  4. Skyworks Solutions Inc 1.88%

  5. Hologic Inc 1.66%

  6. Galaxy Entertainment Group Ltd 1.62%

  7. Amazon.com Inc 1.53%

  8. NuVasive Inc 1.49%

  9. Alphabet Inc C 1.37%

  10. Accenture PLC A 1.33%


Asset Allocation

Weighting Return Low Return High ANFBX % Rank
Stocks
89.19% 17.54% 113.56% N/A
Other
5.29% -13.96% 43.00% N/A
Cash
5.03% -2546.61% 57.26% N/A
Preferred Stocks
0.31% 0.00% 14.01% N/A
Bonds
0.18% -0.01% 2544.23% N/A
Convertible Bonds
0.00% 0.00% 2.57% N/A

Stock Sector Breakdown

Weighting Return Low Return High ANFBX % Rank
Technology
25.58% 0.00% 62.60% N/A
Healthcare
22.22% 0.00% 96.81% N/A
Consumer Cyclical
15.68% 0.00% 35.86% N/A
Financial Services
12.71% 0.00% 39.70% N/A
Industrials
6.43% 0.00% 25.15% N/A
Consumer Defense
2.94% 0.00% 16.35% N/A
Basic Materials
1.24% 0.00% 12.25% N/A
Communication Services
1.14% 0.00% 14.60% N/A
Energy
0.74% 0.00% 14.90% N/A
Utilities
0.51% 0.00% 15.76% N/A
Real Estate
0.00% 0.00% 9.48% N/A

Stock Geographic Breakdown

Weighting Return Low Return High ANFBX % Rank
US
59.45% 6.81% 113.56% N/A
Non US
29.74% 0.00% 91.58% N/A

Bond Sector Breakdown

Weighting Return Low Return High ANFBX % Rank
Cash & Equivalents
5.03% -2546.61% 57.26% N/A
Corporate
0.31% 0.00% 43.78% N/A
Government
0.18% 0.00% 2544.23% N/A
Derivative
0.00% -0.05% 0.52% N/A
Securitized
0.00% 0.00% 16.17% N/A
Municipal
0.00% 0.00% 1.81% N/A

Bond Geographic Breakdown

Weighting Return Low Return High ANFBX % Rank
US
0.18% -0.01% 2544.23% N/A
Non US
0.00% -0.25% 11.55% N/A

ANFBX - Expenses

Operational Fees

ANFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.58% 0.00% 15.15% N/A
Management Fee 0.39% 0.00% 1.44% N/A
12b-1 Fee 0.99% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

ANFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load 5.00% 1.00% 5.50% N/A

Trading Fees

ANFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 5.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 25.00% 0.00% 650.00% N/A

ANFBX - Distributions

Dividend Yield Analysis

ANFBX Category Low Category High ANFBX % Rank
Dividend Yield 0.00% 0.00% 0.12% N/A

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

ANFBX Category Low Category High ANFBX % Rank
Net Income Ratio -0.45% -14.30% 2.62% N/A

Capital Gain Distribution Analysis

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

ANFBX - Managers

Harold H. La

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2006

11.17

11.2%

Harold H. La is a Partner and equity portfolio manager of Capital Research and Management Company.


Timothy D. Armour

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 1991

26.26

26.3%

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


Claudia P. Huntington

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 1995

22.26

22.3%

Claudia P. Huntington is an equity portfolio manager at Capital Group. She has 43 years of investment experience and has been with Capital Group for 41 years. Earlier in her career, as an equity investment analyst at Capital she covered technology companies and was a regional generalist covering companies in the southwest; she was also an economist. Prior to joining Capital, Claudia worked as an assistant economist for American Express Investment Management Company in San Francisco.


Mark E. Denning

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2002

15.17

15.2%

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

51.36

Category Average

8.53

Category Mode

0.0