# New Perspective Fund, Class R-3 Shares (RNPCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rnpcx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Capital Group · Asset class: Equity - Strategy: Actively Managed · Inception: 1973-03-13 The American Funds New Perspective R3 aims to capitalize on market opportunities stemming from evolving global trade dynamics, economic connections, and geopolitical shifts. It achieves this by strategically investing in common stocks of companies located worldwide. The fund's core strategy involves prioritizing equities that the investment adviser identifies as possessing significant growth potential. ## Key Facts | Metric | Value | |---|---| | Price | $71.82 | | Expense Ratio | 1.05% | | AUM (All Share Classes) | $166.60B | | NAV | $71.82 | | Holdings Count | 274 | | Distribution Yield (TTM) | 6.15% | | Annual Distribution (TTM) | $4.41 /share | | Distribution Frequency | Annual | | 52-Week Range | $62.53 – $74.42 | | Beta | 1.00 | ## Latest Distribution - Amount: $4.4140 /share - Ex-date: 2025-12-18 - Pay date: 2025-12-19 ## Frequently Asked Questions ### What does RNPCX invest in? The American Funds New Perspective R3 aims to capitalize on market opportunities stemming from evolving global trade dynamics, economic connections, and geopolitical shifts. It achieves this by strategically investing in common stocks of companies located worldwide. The fund's core strategy involves prioritizing equities that the investment adviser identifies as possessing significant growth potential. ### What is the expense ratio of RNPCX? New Perspective Fund, Class R-3 Shares (RNPCX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RNPCX? New Perspective Fund, Class R-3 Shares (RNPCX) is one share class of a fund that manages $166.60B across all of its share classes (ANWPX, FNPFX, NPFFX, RNPGX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is RNPCX actively managed or an index fund? RNPCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RNPCX's is 1.05%) in exchange for the discretion to over- or under-weight positions. ### When was RNPCX launched? New Perspective Fund, Class R-3 Shares (RNPCX) launched in March 1973 and is managed by Capital Group. ### How has RNPCX performed? RNPCX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does RNPCX pay a dividend? New Perspective Fund, Class R-3 Shares (RNPCX) currently distributes little or no income. Trailing-twelve-month yield is 6.15%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RNPCX pay dividends? New Perspective Fund, Class R-3 Shares pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RNPCX's dividend yield? RNPCX's trailing-twelve-month yield is 6.15%, calculated from the sum of dividends over the past year divided by the current price. ### When is RNPCX's next ex-dividend date? The most recently announced ex-dividend date for RNPCX was 2025-12-18. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will RNPCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.05% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RNPCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from RNPCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RNPCX cost more than a fund like VOO? RNPCX is actively managed (current expense ratio 1.05%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RNPCX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RNPCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RNPCX (1.05%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rnpcx - Distribution history: https://www.dividenddata.com/funds/rnpcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rnpcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rnpcx/expenses - Peer comparison: https://www.dividenddata.com/funds/rnpcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.