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ANWPX American Funds New Perspective A

  • Fund
  • ANWPX
  • Price as of: May 23, 2019
  • $42.35 - $0.57 - 1.33%
  • Category
  • Global Equities

ANWPX - Profile

Vitals

  • YTD Return 12.4%
  • 3 Yr Annualized Return 5.9%
  • 5 Yr Annualized Return 2.1%
  • Net Assets $88.9 B
  • Holdings in Top 10 20.0%

52 WEEK LOW AND HIGH

$42.35
$35.62
$47.34

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.74%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$25

Investment Themes

CATEGORY

Global Equities
  • Fund Type Open End Mutual Fund
  • Investment Style World Large Stock

Distributions

  • YTD Total Return 12.4%
  • 3 Yr Annualized Total Return 9.1%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Funds New Perspective Fund®
  • Fund Family Name American Funds
  • Inception Date Mar 13, 1973
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Robert W. Lovelace

Fund Description

The American Funds New Perspective Fund® (ANWPX) is an actively managed mutual fund issued by American Funds and advised by Capital Research & Management Company. The fund was launched on March 13, 1973 and is managed by Gregg E. Ireland, Robert W. Lovelace, Jonathan Knowles, Brady L. Enright, Joanna F. Jonsson, Steven T. Watson, Isabelle de Wismes and Noriko H. Chen. The fund currently holds approximately $456 billion in assets under management (AUM). The fund’s primary objective is to provide long-term growth of capital. Its secondary objective is to provide future income.

The fund focuses on holding common stocks, convertibles, preferred stocks, bonds and cash. The fund may invest 100% of its assets in investments based outside of the United States. The fund typically holds larger, blue chip companies that its management sees as stocks with growth potential. The majority of the fund’s holdings are considered large or giant sized companies.

On a sector basis, the fund is well balanced; the sectors with the largest amount of portfolio weight are technology, consumer cyclical and healthcare. The fund focuses on developed markets and focuses on opportunities from changes in global trade patterns and economic and political relationships. As part of its secondary objective, which is to provide future income, the fund focuses on stocks that may pay a dividend in the future. This fund uses the multiple portfolio manager approach. This approach allows the fund’s holdings to be split up among managers and individually analyzed.

This mutual fund is subject to general market risks including market conditions risk, risks associated with growth stocks and foreign stocks, and management risks.

The American Funds New Perspective Fund® requires an initial investment of at least $250 for both regular and IRA accounts. Additional investments require a $50 deposit.

ANWPX - Performance

Return Ranking - Trailing

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.4% -24.9% 27.3% 47.55%
1 Yr -6.5% -71.8% 9.0% 43.56%
3 Yr 5.9%* -31.6% 24.3% 29.66%
5 Yr 2.1%* -22.2% 14.3% 32.70%
10 Yr 7.6%* -9.8% 14.0% 36.64%

* Annualized


Return Ranking - Calendar

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.7% -73.8% -0.3% 25.58%
2017 22.2% -19.8% 49.8% 29.18%
2016 -1.9% -73.5% 24.7% 82.55%
2015 -0.7% -27.7% 17.2% 21.13%
2014 -3.4% -40.2% 18.4% 60.25%

Total Return Ranking - Trailing

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.4% -24.9% 27.3% 47.55%
1 Yr -6.5% -71.8% 13.8% 55.28%
3 Yr 9.1%* -31.4% 24.3% 25.98%
5 Yr 6.8%* -22.2% 17.8% 17.43%
10 Yr 11.1%* -9.8% 15.6% 19.35%

* Annualized


Total Return Ranking - Calendar

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.7% -73.8% 1.8% 42.76%
2017 28.9% -10.3% 53.2% 18.68%
2016 1.9% -21.0% 26.9% 70.73%
2015 5.4% -26.7% 18.6% 6.04%
2014 3.7% -23.9% 18.4% 31.58%

NAV & Total Return History

ANWPX - Holdings

Concentration Analysis

ANWPX Category Low Category High ANWPX % Rank
Net Assets 88.9 B 4.87 M 97.7 B 2.57%
Number of Holdings 290 2 8051 11.21%
Net Assets in Top 10 17.1 B 595 K 17.1 B 0.77%
Weighting of Top 10 19.96% 7.1% 166.4% 77.45%

Top 10 Holdings

  1. Amazon.com Inc 3.79%

  2. Facebook Inc A 2.55%

  3. Microsoft Corp 2.24%

  4. Taiwan Semiconductor Manufacturing Co Ltd 2.04%

  5. Mastercard Inc A 1.84%

  6. Broadcom Inc 1.79%

  7. JPMorgan Chase & Co 1.50%

  8. Visa Inc Class A 1.44%

  9. Netflix Inc 1.39%

  10. AIA Group Ltd 1.39%


Asset Allocation

Weighting Return Low Return High ANWPX % Rank
Stocks
93.90% 0.00% 105.59% 75.00%
Cash
6.06% -0.45% 49.39% 15.72%
Convertible Bonds
0.04% 0.00% 25.21% 6.57%
Preferred Stocks
0.00% 0.00% 9.00% 45.88%
Other
0.00% -1.69% 25.01% 60.05%
Bonds
0.00% -13.91% 99.46% 41.88%

Stock Sector Breakdown

Weighting Return Low Return High ANWPX % Rank
Technology
24.11% 0.00% 73.44% 14.73%
Consumer Cyclical
14.66% 0.00% 57.09% 25.32%
Financial Services
14.08% 0.00% 41.91% 49.22%
Healthcare
11.54% 0.00% 26.87% 48.58%
Industrials
8.21% 0.00% 80.34% 64.86%
Consumer Defense
7.66% -0.72% 40.44% 46.38%
Basic Materials
5.49% 0.00% 33.77% 26.49%
Energy
4.21% 0.00% 52.81% 51.03%
Communication Services
2.09% 0.00% 42.19% 53.23%
Utilities
1.19% 0.00% 89.43% 51.03%
Real Estate
0.44% -0.30% 97.30% 64.34%

Stock Geographic Breakdown

Weighting Return Low Return High ANWPX % Rank
US
50.97% 0.00% 96.55% 45.88%
Non US
42.93% 0.00% 99.77% 56.57%

ANWPX - Expenses

Operational Fees

ANWPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.01% 164.00% 88.92%
Management Fee 0.38% 0.00% 1.50% 14.03%
12b-1 Fee 0.25% 0.00% 1.00% 28.88%
Administrative Fee 0.01% 0.01% 0.47% 2.56%

Sales Fees

ANWPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.08% 5.75% 17.65%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ANWPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.08% 2.00% 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.

ANWPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 1856.00% 21.19%

ANWPX - Distributions

Dividend Yield Analysis

ANWPX Category Low Category High ANWPX % Rank
Dividend Yield 0.01% 0.00% 0.76% 39.38%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

ANWPX Category Low Category High ANWPX % Rank
Net Income Ratio 0.85% -1.68% 6.88% 45.49%

Capital Gain Distribution Analysis

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

ANWPX - Managers

Robert W. Lovelace

Manager

Start Date

Tenure

Tenure Rank

Dec 01, 2000

18.42

18.4%

Robert W. Lovelace is vice chairman of the Capital Group Companies, president of Capital Research and Management Company, Inc., part of Capital Group, and serves on the Capital Group Management Committee. He is also an equity portfolio manager. Earlier in his career, Rob was an equity investment analyst at Capital covering global mining & metals companies and companies domiciled in Mexico and the Philippines. He holds a bachelor’s degree in mineral economics (geology) from Princeton University. He also holds CFA designation.


Jonathan Knowles

Manager

Start Date

Tenure

Tenure Rank

Dec 01, 2004

14.42

14.4%

Jonathan Knowles is an equity portfolio manager at Capital Group. Earlier in his career, as an equity investment analyst at Capital, Jonathan covered pharmaceuticals, chemicals, support services and small-cap companies. He holds an MBA from INSEAD, France, and a PhD in immunovirology and bachelor’s degree in veterinary science from the University of Liverpool, U.K., where he was a Wellcome Foundation Research Scholar. Jonathan is based in Singapore.


Steven T. Watson

Manager

Start Date

Tenure

Tenure Rank

Dec 01, 2005

13.42

13.4%

Steven T. Watson is an equity portfolio manager at Capital Group. He has 31 years of investment experience and has been with Capital Group for 29 years. Earlier in his career, as an equity investment analyst at Capital, he covered Asian property and transportation, as well as European transportation and utilities companies. Before joining Capital, Steven was a buy-side research analyst for Sanford C. Bernstein & Co. in New York. He holds an MBA in finance from New York University Graduate School of Business Administration. Steven is based in Hong Kong.


Brady L. Enright

Manager

Start Date

Tenure

Tenure Rank

Dec 01, 2005

13.42

13.4%

Brady L. Enright is an equity portfolio manager at Capital Group. He has 25 years of investment experience and has been with Capital Group for 20 years. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. small-cap companies, as well as commercial services and supplies companies. Prior to joining Capital, Brady was an equity research analyst and portfolio manager for Provident Investment Counsel. He holds an MBA from Harvard Business School and a bachelor’s degree in biology from Stanford University. He also holds the Chartered Financial Analyst® designation. Brady is based in San Francisco.


Jody F. Jonsson

Manager

Start Date

Tenure

Tenure Rank

Dec 01, 2005

13.42

13.4%

Joanna F. Jonsson is an equity portfolio manager at Capital Group. She has 30 years of investment experience and has been with Capital Group for 28 years. As an equity analyst at Capital, her coverage included insurance, U.S. household & personal care, restaurants & lodging and cruise lines companies. Jody holds an MBA from Stanford Graduate School of Business and a bachelor’s degree in economics from Princeton University graduating cum laude. She holds the Chartered Financial Analyst® designation and is a member of the CFA Institute. Jody is based in Los Angeles.


Noriko H. Chen

Manager

Start Date

Tenure

Tenure Rank

Apr 30, 2012

7.0

7.0%

Noriko Honda Chen is an equity portfolio manager at Capital Group. She also serves on the Capital Group Management Committee. She has 26 years of investment experience and has been with Capital Group for 18 years. Earlier in her career, as an equity investment analyst at Capital, Noriko covered Asian infrastructure, building materials and construction companies, as well as oil, gas & refining companies. She was also a research director for one of the global groups. Before joining Capital, she worked in the research department of Worldsec International Limited in Hong Kong (a subsidiary of Mitsubishi Bank) and was a manager in corporate finance. Noriko holds a bachelor’s degree in economics from Williams College and a degree in the Japanese Language Bekka Program at Keio University, Tokyo. Noriko is based in San Francisco.


Andraz Razen

Manager

Start Date

Tenure

Tenure Rank

Jul 02, 2015

3.83

3.8%

Andraz Razen is an equity portfolio manager at Capital Group. As an equity investment analyst at Capital, Andraz is a generalist covering small-cap companies. He has 20 years of investment experience and has been with Capital Group for 13 years. Earlier in his career, as an equity investment analyst at Capital, he also covered U.S. health care and supplies companies. Prior to joining Capital, he was an analyst and portfolio manager at Fidelity Investments in Boston. He holds a bachelor’s degree in quantitative economics from Tufts University graduating summa cum laude. Andraz is based in London.


Tenure Analysis

Category Low

0.0

Category High

36.68

Category Average

6.69

Category Mode

6.95