- Issuer
- American Funds
- Inception Date
- May 15, 2002
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
RNPEX Performance Chart
American Funds New Perspective Fund Class R4 (RNPEX) is up 6.6% since the beginning of the year. RNPEX is currently trading at $74 per share. Investors who bought $1,000 worth of RNPEX shares 5 years ago would now be looking at an investment worth $1,513.
Loading charts...
Returns By Period
American Funds New Perspective Fund Class R4 (RNPEX) has returned 6.59% so far this year and 19.94% over the past 12 months. Over the last ten years, RNPEX has had an annualized return of 13.52%, just under the S&P 500 Index benchmark’s 13.88%.
American Funds New Perspective Fund Class R4
- 1D
- 1.10%
- 1M
- 1.99%
- YTD
- 6.59%
- 6M
- 6.42%
- 1Y
- 19.94%
- 3Y*
- 17.07%
- 5Y*
- 8.63%
- 10Y*
- 13.52%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
RNPEX Monthly Returns History
Based on dividend-adjusted daily data since May 28, 2002, RNPEX's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +13.3%, while the worst month was Oct 2008 at -18.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, RNPEX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +11.0%, while the worst single day was Mar 16, 2020 at -11.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.53% | 0.08% | -7.72% | 8.00% | 4.79% | -0.54% | 6.59% | ||||||
| 2025 | 4.37% | -0.96% | -5.16% | 2.28% | 6.94% | 4.76% | 0.47% | 1.85% | 2.97% | 1.94% | -0.44% | 0.96% | 21.28% |
| 2024 | 0.40% | 5.10% | 2.71% | -3.46% | 4.30% | 2.12% | 0.57% | 3.12% | 1.97% | -2.49% | 3.16% | -1.55% | 16.71% |
| 2023 | 8.35% | -2.18% | 4.00% | 1.07% | -0.56% | 5.67% | 2.92% | -2.45% | -4.83% | -3.23% | 9.16% | 5.47% | 24.62% |
| 2022 | -7.84% | -5.07% | 2.82% | -10.35% | -0.82% | -8.94% | 8.16% | -4.78% | -8.84% | 4.57% | 9.28% | -5.21% | -25.94% |
| 2021 | -0.17% | 1.40% | 0.95% | 5.10% | 1.03% | 1.90% | 1.17% | 3.26% | -4.45% | 7.17% | -2.63% | 2.11% | 17.60% |
Benchmark Metrics
American Funds New Perspective Fund Class R4 has an annualized alpha of 2.61%, beta of 0.89, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since May 28, 2002.
- This fund captured 105.07% of S&P 500 Index gains but only 96.85% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 2.61% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.89 and R2 of 0.87, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.61%
- Beta
- 0.89
- R²
- 0.87
- Upside Capture
- 105.07%
- Downside Capture
- 96.85%
Expense Ratio
RNPEX has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RNPEX ranks 27 for risk / return — below 27% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Funds New Perspective Fund Class R4 (RNPEX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RNPEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 2.78 | -1.10 |
| Martin ratioReturn relative to average drawdown | 6.97 | 12.44 | -5.47 |
Dividends
Dividend History
American Funds New Perspective Fund Class R4 provided a 6.25% dividend yield over the last twelve months, with an annual payout of $4.61 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.61 | $4.61 | $3.17 | $2.98 | $1.94 | $4.62 | $2.49 | $1.72 | $2.83 | $2.36 | $1.36 | $2.19 |
Dividend yield | 6.25% | 6.66% | 5.20% | 5.44% | 4.18% | 7.08% | 4.18% | 3.69% | 7.63% | 5.54% | 3.89% | 6.17% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds New Perspective Fund Class R4. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.61 | $4.61 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.17 | $3.17 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.98 | $2.98 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.94 | $1.94 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.62 | $4.62 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds New Perspective Fund Class R4. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds New Perspective Fund Class R4 was 52.36%, occurring on Mar 9, 2009. Recovery took 889 trading sessions.
The current American Funds New Perspective Fund Class R4 drawdown is 0.70%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -52.36%Mar 2009 | 1y 4mo | 3y 6mo | 4y 10moNov 2007 - Sep 2012 |
Bear market2022 | -34.46%Oct 2022 | 11mo 10d | 1y 8mo | 2y 7moNov 2021 - Jun 2024 |
COVID crash2020 | -32.31%Mar 2020 | 1mo 2d | 3mo 19d | 4mo 21dFeb 2020 - Jul 2020 |
Dot-com crash2000–2002 | -27.86%Oct 2002 | 4mo 13d | 11mo 4d | 1y 3moMay 2002 - Sep 2003 |
Rate-hike selloffLate 2018 | -18.98%Dec 2018 | 3mo 26d | 3mo 19d | 7mo 15dAug 2018 - Apr 2019 |
Drawdown Indicators
| RNPEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.36% | -56.78% | +4.42% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -9.10% | -2.38% |
Max Drawdown (3Y)Largest decline over 3 years | -17.92% | -18.90% | +0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -25.43% | -9.03% |
Max Drawdown (10Y)Largest decline over 10 years | -34.46% | -33.92% | -0.54% |
Current DrawdownCurrent decline from peak | -0.70% | -1.80% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -10.71% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 2.03% | +0.74% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with RNPEX
Add American Funds New Perspective Fund Class R4 to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with RNPEX