American Funds New World Fund® Class R-1 (RNWAX)
| Fund Assets | 69.41B |
| Expense Ratio | 1.66% |
| Min. Investment | $250 |
| Turnover | 37.00% |
| Dividend (ttm) | 2.17 |
| Dividend Yield | 2.50% |
| Dividend Growth | 56.91% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 86.79 |
| YTD Return | -8.14% |
| 1-Year Return | -7.99% |
| 5-Year Return | 6.69% |
| 52-Week Low | 67.18 |
| 52-Week High | 86.79 |
| Beta (5Y) | n/a |
| Holdings | 579 |
| Inception Date | Jun 11, 2002 |
About RNWAX
American Funds New World Fund Inc. Class R-1 is a diversified emerging markets mutual fund focused on achieving long-term capital appreciation. The fund invests predominantly in equity securities of companies with significant exposure to developing countries, allocating at least 35% of its assets to issuers based in qualified emerging markets. Its holdings span a wide range of industries and market capitalizations, including both growth and value stocks. Additionally, the fund may invest in debt securities, including those rated below investment grade, to enhance diversification and broaden its opportunity set. The investment approach blends direct exposure to emerging markets companies with investments in multinational firms that have substantial business operations in these regions. This strategic mix allows the fund to benefit from global economic trends while managing risk through diversification. By seeking opportunities in dynamic and rapidly growing economies across Asia, Latin America, and other developing regions, the fund plays a significant role in investor portfolios targeting international diversification and exposure to global growth themes.
Performance
RNWAX had a total return of -7.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.79%.
Top 10 Holdings
24.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 6.53% |
| Capital Group Central Cash Fund | n/a | 3.68% |
| MercadoLibre, Inc. | MELI | 2.43% |
| Microsoft Corporation | MSFT | 2.14% |
| Tencent Holdings Limited | 0700 | 2.02% |
| SK hynix Inc. | 000660 | 1.84% |
| Meta Platforms, Inc. | META | 1.71% |
| Broadcom Inc. | AVGO | 1.56% |
| Airbus SE | AIR | 1.45% |
| Nu Holdings Ltd. | NU | 1.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $2.1679 | Dec 20, 2024 |
| Dec 14, 2023 | $1.3816 | Dec 15, 2023 |
| Dec 15, 2022 | $0.1578 | Dec 16, 2022 |
| Dec 16, 2021 | $5.558 | Dec 17, 2021 |
| Dec 20, 2019 | $2.0477 | Dec 23, 2019 |
| Dec 21, 2018 | $0.7744 | Dec 24, 2018 |