American Funds New Perspective 529-F-3 (FNFPX)
| Fund Assets | 155.84B |
| Expense Ratio | 0.48% |
| Min. Investment | $250 |
| Turnover | 24.00% |
| Dividend (ttm) | 3.36 |
| Dividend Yield | 4.69% |
| Dividend Growth | 6.98% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 70.79 |
| YTD Return | 14.02% |
| 1-Year Return | 19.72% |
| 5-Year Return | n/a |
| 52-Week Low | 54.24 |
| 52-Week High | 71.63 |
| Beta (5Y) | n/a |
| Holdings | 279 |
| Inception Date | Oct 30, 2020 |
About FNFPX
American Funds New Perspective 529-F-3 is a globally diversified mutual fund tailored for college savings through 529 plans. Its primary objective is to provide long-term capital growth by investing largely in common stocks of companies positioned to benefit from evolving global trade patterns and economic shifts. The fund emphasizes multinational growth companies across a broad range of sectors, reflecting a belief in the potential created by cross-border commerce and innovation. Notably, it maintains a diverse portfolio spanning multiple industries and regions, aiming to mitigate risk while seeking opportunities for appreciation. The fund is managed by a seasoned investment team adhering to a global, research-driven approach. As a 529-F-3 share class, it is specifically designed for education savers, offering no-load pricing and integration within CollegeAmerica® 529 plans, making it accessible to families focused on future education funding. With a long track record dating back to 1973 and considerable assets under management, the American Funds New Perspective 529-F-3 fund plays a significant role in supporting education-related financial planning while leveraging global equity markets for growth potential.
Performance
FNFPX had a total return of 19.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.28%.
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 | $3.3586 | Dec 20, 2024 |
| Dec 14, 2023 | $3.1395 | Dec 15, 2023 |
| Dec 15, 2022 | $2.1113 | Dec 16, 2022 |
| Dec 16, 2021 | $4.8241 | Dec 17, 2021 |
| Dec 17, 2020 | $2.674 | Dec 18, 2020 |