American Funds New Perspective 529C (CNPCX)
| Fund Assets | 155.84B |
| Expense Ratio | 1.56% |
| Min. Investment | $250 |
| Turnover | 24.00% |
| Dividend (ttm) | 2.82 |
| Dividend Yield | 4.25% |
| Dividend Growth | 11.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 65.34 |
| YTD Return | 14.62% |
| 1-Year Return | 19.86% |
| 5-Year Return | 67.63% |
| 52-Week Low | 50.39 |
| 52-Week High | 66.30 |
| Beta (5Y) | n/a |
| Holdings | 279 |
| Inception Date | Feb 15, 2002 |
About CNPCX
American Funds New Perspective 529C is a global large-cap growth mutual fund designed to seek long-term capital appreciation by capitalizing on shifts in international trade and economic dynamics. Managed by Capital Group, this fund invests primarily in equities of companies poised to benefit from changes in global trade patterns and evolving economic and political relationships worldwide. The portfolio is broadly diversified across sectors, with significant allocations to information technology, industrials, health care, consumer discretionary, and financials, reflecting its intention to capture growth across industries with global reach. The fund has a notable mix of U.S. and non-U.S. equities, providing investors with broad international exposure. As part of a 529 plan structure, it is tailored for education savings while maintaining a focus on growth-oriented opportunities in the global equity markets. Its long-standing track record and significant asset base underscore its established presence and relevance within the global growth fund category.
Performance
CNPCX had a total return of 19.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.20%.
Top 10 Holdings
25.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 4.37% |
| Microsoft Corporation | MSFT | 3.61% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 3.11% |
| Broadcom Inc. | AVGO | 2.98% |
| Capital Group Central Cash Fund | n/a | 2.76% |
| Tesla, Inc. | TSLA | 2.21% |
| Netflix, Inc. | NFLX | 2.07% |
| NVIDIA Corporation | NVDA | 1.83% |
| Vertex Pharmaceuticals Incorporated | VRTX | 1.31% |
| Eli Lilly and Company | LLY | 1.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $2.8191 | Dec 20, 2024 |
| Dec 14, 2023 | $2.5268 | Dec 15, 2023 |
| Dec 15, 2022 | $1.5727 | Dec 16, 2022 |
| Dec 16, 2021 | $4.4319 | Dec 17, 2021 |
| Dec 17, 2020 | $2.424 | Dec 18, 2020 |
| Dec 20, 2019 | $1.3559 | Dec 23, 2019 |