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American Funds New Perspective R6 RNPGX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 56.04  /  0.36 %
  • Total Assets 121.5 Bil
  • Adj. Expense Ratio
    0.410%
  • Expense Ratio 0.410%
  • 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 1.08%
  • Turnover 21%

Morningstar’s Analysis RNPGX

Will RNPGX outperform in future?

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

A Manager Retirement and Addition on American Funds New Perspective Does Not Change Our View

null Stephen Welch

Stephen Welch

Analyst Note

American Funds’ parent Capital Group announced that veteran manager Jonathan Knowles will step off American Funds New Perspective on Jan. 2, 2024, and retire from the firm on April 1, 2024. Knowles has spent 18 of his 31 years at Capital Group managing this strategy. In November, Anne-Marie Peterson and Kohei Higashi will officially join the management team, bringing the total number of named managers to 11. While Knowles’ retirement is a loss, it is one that Capital Group is equipped to handle. These changes do not alter the strategy’s High People rating or its Morningstar Medalist Ratings.

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Portfolio Holdings RNPGX

  • Current Portfolio Date
  • Equity Holdings 286
  • Bond Holdings 0
  • Other Holdings 41
  • % Assets in Top 10 Holdings 22.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
4.55
5,237,793,615
Technology
3.12
3,590,627,138
Healthcare
2.33
2,679,534,562
Communication Services
2.29
2,634,344,935
Consumer Cyclical
2.14
2,458,894,714
Technology
2.11
2,431,843,528
Technology
1.81
2,082,485,238
Healthcare
1.38
1,592,556,712
Healthcare
1.24
1,431,165,649
Technology

Capital Group Central Cash Fund

1.24
1,426,235,403
Cash and Equivalents