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American Funds New Perspective R1 RNPAX

Analyst rating as of
NAV / 1-Day Return
55.76  /  0.32 %
Total Assets
121.5 Bil
Adj. Expense Ratio
1.520%
Expense Ratio
1.520%
Fee Level
Below Average
Longest Manager Tenure
19.99 years
Category
US Fund World Large Stock
Investment Style
Large Growth
Min. Initial Investment
250
Status
Open
TTM Yield
0.19%
Turnover
20%
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Morningstar’s Analysis

Will RNPAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The Challenge of American Funds New Perspective’s Big Tesla Position

Analyst Note

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American Funds New Perspective’s stake in the polarizing electric carmaker Tesla TSLA grew from 3.65% in June to 7.3% in August, 2.5 percentage points larger than its next-biggest holding. That positioning does not alter its Morningstar Analyst Rating, but it does warrant close monitoring.

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