BackAmerican Funds The New Economy Fund Class R-2E Overview
American Funds The New Economy Fund Class R-2E

American Funds The New Economy Fund Class R-2E Return on Equity

Valuation check: RNNEX's ROE is 13.18%, above the sector sector average of 11.64%.

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ROE

13.18%

Return on Equity

13.18%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

ROE (Comparison Companies)

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ROE History

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ROE Comparison

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American Funds The New Economy Fund Class R-2E (RNNEX) FAQ

As of the most recent data, RNNEX shows a ROE of 13.18%. That is above the sector sector average of 11.64%. Scroll down for historical charts and peer comparison views.

The its sector sector average ROE is about 11.64%. American Funds The New Economy Fund Class R-2E is at 13.18%, which is higher that average. That is roughly 13.3% above the sector mean. Use the comparison chart on this page to see how RNNEX stacks up against individual peers as well.

Check the historical chart to see whether RNNEX's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare American Funds The New Economy Fund Class R-2E with peers to see if the move is company-specific or sector-wide.

Besides this return on equity page, Stockcircle has American Funds The New Economy Fund Class R-2E's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 13.18%) with ownership activity and broader fundamentals.