Morningstar

American Funds New Perspective Fund® Class R-5 RNPFX

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub
  • NAV / 1-Day Return 73.61  /  −1.39 %
  • Total Assets 170.2B
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.460%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Global Large-Stock Growth
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 1.19%
  • Turnover 23%

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis RNPFX

Will RNPFX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RNPFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RNPFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RNPFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Thoughtfully navigating change.

Senior Analyst Stephen Welch

Stephen Welch

Senior Analyst

Summary

American Funds New Perspective (which includes the Capital Group-branded Luxembourg, Australia, and Japan vehicles, and CFS-branded Australia vehicles) continues to benefit from an accomplished management roster and a deep global analyst bench, even as it undergoes a long-planned leadership transition. Combined with the strategy’s proven investment approach, these strengths support its High People and Above Average Process ratings.

by Stephen Welch
Rated on Published on

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Portfolio Holdings RNPFX

More RNPFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

4.88 8B
Technology

Meta Platforms Inc Class A

3.26 6B
Communication Services

NVIDIA Corp

3.14 5B
Technology

Broadcom Inc

3.13 5B
Technology

Tesla Inc

2.79 5B
Consumer Cyclical

Capital Group Central Cash Fund

2.21 4B
Cash and Equivalents

Microsoft Corp

2.05 3B
Technology

ASML Holding NV

1.95 3B
Technology

SK Hynix Inc

1.91 3B
Technology

AstraZeneca PLC

1.86 3B
Healthcare

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