ANWPX: American Funds New Perspective A

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ANWPX American Funds New Perspective A


Profile

ANWPX - Profile

Vitals

  • YTD Return 2.4%
  • 3 Yr Annualized Return 9.2%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $97.4 B
  • Holdings in Top 10 20.8%

52 WEEK LOW AND HIGH

$48.38
$39.72
$48.86

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.75%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Large Stock

Distributions

  • YTD Total Return 2.4%
  • 3 Yr Annualized Total Return 11.1%
  • 5 Yr Annualized Total Return 8.8%
  • 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® Class A
  • 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 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.


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Categories

Performance

ANWPX - Performance

Return Ranking - Trailing

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -35.7% 7.5% 31.16%
1 Yr 20.5% -28.7% 45.1% 35.24%
3 Yr 9.2%* -40.4% 48.4% 30.32%
5 Yr 5.6%* -26.9% 21.0% 34.64%
10 Yr 6.9%* -9.6% 14.4% 40.93%

* Annualized

Return Ranking - Calendar

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
2019 25.5% -14.9% 45.5% 26.68%
2018 -12.7% -73.8% 141.8% 31.68%
2017 22.2% -76.0% 54.2% 30.35%
2016 -1.9% -15.2% 13.9% 78.87%
2015 -0.7% -36.4% 17.2% 22.79%

Total Return Ranking - Trailing

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -35.7% 7.5% 31.16%
1 Yr 20.5% -28.7% 45.1% 34.10%
3 Yr 11.1%* -32.6% 48.4% 27.58%
5 Yr 8.8%* -20.9% 21.0% 19.27%
10 Yr 10.2%* -9.6% 14.4% 13.88%

* Annualized

Total Return Ranking - Calendar

Period ANWPX Return Category Return Low Category Return High Rank in Category (%)
2019 25.5% -14.9% 45.5% 27.26%
2018 -12.7% -73.8% 140.6% 49.11%
2017 28.9% 1.5% 54.2% 21.40%
2016 1.9% -15.2% 17.1% 61.74%
2015 5.4% -36.4% 18.6% 5.90%

NAV & Total Return History


Holdings

ANWPX - Holdings

Concentration Analysis

ANWPX Category Low Category High ANWPX % Rank
Net Assets 97.4 B 218 K 119 B 4.66%
Number of Holdings 296 19 9892 23.69%
Net Assets in Top 10 20.3 B 236 K 20.3 B 0.93%
Weighting of Top 10 20.80% 7.3% 82.0% 69.03%

Top 10 Holdings

  1. Amazon.com Inc 3.06%
  2. Facebook Inc A 2.91%
  3. Microsoft Corp 2.74%
  4. Taiwan Semiconductor Manufacturing Co Ltd 2.35%
  5. Mastercard Inc A 1.89%
  6. JPMorgan Chase & Co 1.84%
  7. Broadcom Inc 1.71%
  8. Visa Inc Class A 1.47%
  9. Tesla Inc 1.45%
  10. Intuitive Surgical Inc 1.38%

Asset Allocation

Weighting Return Low Return High ANWPX % Rank
Stocks
95.74% 2.12% 100.31% 69.22%
Cash
4.24% -4.56% 89.42% 24.81%
Bonds
0.02% -11.97% 17.82% 14.93%
Preferred Stocks
0.00% 0.00% 6.74% 50.75%
Other
0.00% -1.40% 20.43% 54.48%
Convertible Bonds
0.00% 0.00% 3.63% 45.90%

Stock Sector Breakdown

Weighting Return Low Return High ANWPX % Rank
Technology
18.03% 2.76% 47.85% 38.81%
Financial Services
15.79% -3.32% 41.08% 63.81%
Consumer Cyclical
14.02% 0.00% 38.94% 21.27%
Healthcare
13.82% -4.43% 31.80% 33.21%
Communication Services
9.95% -0.46% 42.88% 34.89%
Industrials
9.87% -5.03% 26.65% 58.77%
Consumer Defense
7.40% -1.09% 27.86% 57.46%
Basic Materials
5.18% -0.64% 11.91% 13.81%
Energy
3.60% 0.00% 11.01% 50.93%
Utilities
1.42% -0.68% 12.99% 48.69%
Real Estate
0.92% -1.40% 12.56% 64.37%

Stock Geographic Breakdown

Weighting Return Low Return High ANWPX % Rank
US
52.52% -5.21% 76.88% 62.69%
Non US
43.22% -0.77% 86.59% 40.30%

Bond Sector Breakdown

Weighting Return Low Return High ANWPX % Rank
Cash & Equivalents
99.58% 0.02% 100.00% 63.43%
Corporate
0.42% 0.00% 94.91% 22.95%
Derivative
0.00% -12.74% 95.66% 50.37%
Securitized
0.00% 0.00% 12.50% 45.34%
Municipal
0.00% 0.00% 5.70% 44.78%
Government
0.00% 0.00% 95.94% 51.31%

Bond Geographic Breakdown

Weighting Return Low Return High ANWPX % Rank
US
0.02% -11.97% 14.61% 14.74%
Non US
0.00% 0.00% 12.80% 48.69%

Expenses

ANWPX - Expenses

Operational Fees

ANWPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.08% 216.05% 88.18%
Management Fee 0.37% 0.00% 1.75% 6.16%
12b-1 Fee 0.25% 0.00% 1.00% 35.47%
Administrative Fee 0.01% 0.01% 0.65% 2.72%

Sales Fees

ANWPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.10% 5.75% 20.00%
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 0.10% 2.00% N/A

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 20.00% 1.00% 995.00% 20.90%

Distributions

ANWPX - Distributions

Dividend Yield Analysis

ANWPX Category Low Category High ANWPX % Rank
Dividend Yield 0.00% 0.00% 18.88% 51.68%

Dividend Distribution Analysis

ANWPX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ANWPX Category Low Category High ANWPX % Rank
Net Income Ratio 0.85% -2.05% 7.25% 47.47%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ANWPX - Fund Manager Analysis

Managers

Robert Lovelace


Start Date

Tenure

Tenure Rank

Dec 01, 2000

19.09

19.1%

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


Start Date

Tenure

Tenure Rank

Dec 01, 2004

15.09

15.1%

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 Watson


Start Date

Tenure

Tenure Rank

Dec 01, 2005

14.09

14.1%

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 Enright


Start Date

Tenure

Tenure Rank

Dec 01, 2005

14.09

14.1%

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 Jonsson


Start Date

Tenure

Tenure Rank

Dec 01, 2005

14.09

14.1%

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 Chen


Start Date

Tenure

Tenure Rank

Apr 30, 2012

7.67

7.7%

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


Start Date

Tenure

Tenure Rank

Jul 02, 2015

4.5

4.5%

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 Category High Category Average Category Mode
0.04 29.02 7.02 14.09